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Empowering the People’s Economy:
BRI Growing Stronger
for a Resilient Nation
2025
Annual Report
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Empowering the People’s Economy:
BRI Growing Stronger for A Resilient Nation
"Empowering the People’s Economy: BRI Growing Stronger for a Resilient Nation"
is not merely a slogan, but BRI’s strategic compass. Our mandate to empower the
people’s economy remains the foundation and structural advantage of the Bank amid an
increasingly dynamic landscape.
Throughout 2025, domestic dynamics and heightened global volatility called for prudence
Empowering the People’s Economy: and disciplined execution. BRI recorded solid performance, marked by healthy balance
BRI Growing Stronger
for a Resilient Nation sheet growth, sustained profitability, and increasingly stronger funding and capital
2025
Annual Report structures. Margins remained resilient and liquidity was well managed, providing ample
room for sustainable expansion.
Loan growth reached 12.3% yoy, with MSMEs accounting for 77.5% of the portfolio—
reaffirming that micro and MSME segments remain at the core of BRI’s business and a key
source of the Bank’s resilience. Growth in the Commercial and Corporate segments was
pursued in a measured manner with a strong focus on asset quality.
On the funding side, deposits increased by 7.4% yoy, while CASA grew by 12.7% yoy, driving
the CASA ratio to 70.6%—the highest level in BRI’s history. This strong funding structure
further strengthened funding costs efficiency, liquidity management, and margin resilience.
During the year, BRI introduced the tagline of “One Bank for All,” representing an evolution
of its capabilities to serve the full spectrum of economic needs, from ultra-micro
customers to corporate clients. This multi-segment approach broadened diversification
and strengthened cyclical resilience.
Digital transformation through Qlola, BRImo, BRILink Agents, and BRIspot continues
to strengthen end-to-end capabilities, expand financial access, improve operational
efficiency, and deepen customer relationships. Growth continues to be directed toward
quality, effective risk management, and stronger capital positioning.
BRI does not only pursue short-term growth, but rather focuses on building a resilient
institution across every economic cycle—supported by a strong micro foundation, an
efficient funding structure, and continuously evolving universal banking capabilities.
Annual Report With clear strategic direction and disciplined execution, BRI is well positioned to continue
creating long-term value while supporting inclusive and sustainable economic growth in
2025 Indonesia.
About
The Annual Report
This Annual Report is an integrated report that puts historical performance into the context and describes the Company’s risks, opportunities,
and prospects in the future, so as to help shareholders and stakeholders understand the Company’s strategic objectives and its progress in
creating sustainable value. This Annual report contains an overview of key financial data for the last 5 (five) years, company profile, Board
of Directors and Board of Commissioners reports, management discussion and analysis covering the Company’s performance compare to the
performance of previous years, projected performance and prospects of the Company. This Annual Report also provides the implementation
of corporate governance including structure and process of governance involving the implementation of a risk management system which,
among other, describes the risk profile and its management.
PT Bank Rakyat Indonesia (Persero) Tbk 3
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Theme
Continuity
2024
Continuing The Transformation,
Becoming More Brilliant and Excellent
In the midst of challenging macroeconomic conditions, In 2024, Bank BRI is able to adapt to various situations
PT Bank Rakyat Indonesia (Persero) Tbk (referred as BRI/ and stand firmly as a market leader in the national banking
Perseroan) remains committed to providing comprehensive sector, as well as becoming a symbol of support for Micro,
financial services to the community, as well as supporting Small and Medium Business (UMKM) and encouraging the
sustainable and equitable economic growth throughout people’s economy to advance the country. In the midst of
Indonesia. Bank BRI is also consistent in responding to an unfavorable situation, BRI succeeded in maintaining
various situations and challenges by issuing strategic profitability by recording a Return on Assets of 3.06%, Return
initiatives for sustainable business growth. on Equity of 19.01% and a net income of IDR60.64 trillion.
BRI Group continues to strengthen its internal capabilities by
carrying out continuous digital and cultural transformation in
all pillars of business growth, especially the Micro and Ultra
Micro segments while still paying attention to Good Corporate
Governance and risk control. In addition, innovation and
exploration of new sources of growth continue to be carried
out to optimize current and future business opportunities.
4 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
2023
Sustainable Transformation
to be Stronger and Greater
In the midst of global economic uncertainty and geopolitical Holding Ultra Micro is proof that BRI continues to
conditions which create a challenging situation during be proactive in encouraging financial inclusion by
2023, BRI succeeded in showing positive performance. facilitating access to financing and social empowerment
This performance is inseparable from BRI’s commitment for the community. In the second year after its
to continue carrying out Sustainable Transformation to founding, Ultra Micro Holding has served more than
Grow Stronger and Greater so that it can continue to 37 million customers with financing, savings and
contribute to the creation of economic and social values in insurance products with support to facilitate outreach
supporting inclusive national economic growth. The ongoing with the availability of 15,000 business unit (BRI
transformation carried out has enabled BRI to provide the Unit 6,700, Pegadaian 4,087 and PNM 4,553) , 1,018
right strategic response amidst an economic situation that is SENYUM (Ultra Micro Service Centers) namely
still far from ideal after the Covid-19 pandemic period. co-location units, more than 740 thousand BRILink Agents
and 686 thousand E-channels.
The Company is committed to continuing to grow sustainably
while remaining focused on transformation in the cultural and BRI also continues to carry out digital innovation to improve
digital areas to realize BRI’s vision of becoming a “Champion banking services. BRImo as BRI’s super app is continuously
of Financial Inclusion” by 2025. being improved. In 2023 BRImo has integrated aspects of
artificial intelligence, namely chat banking service (Sabrina)
In line with efforts to realize the vision, BRI optimizes its and increased cross border transaction and investment
strengths, focusing on the business escalation period (beyond capabilities. BRImo has served 31.6 million users (an increase
banking) by optimizing the synergy of Ultra Micro Holding (BRI, of 32.6% yoy), with 3.1 billion transactions worth IDR4,159
PT Pegadaian and PT Permodalan Nasional Madani) trillion, which generated IDR2.4 trillion in fee based income.
supported by a strong customer base to become a new
source of growth for BRI, widespread infrastructure and Consistency in continuing to innovate and the right strategic
complete financial products and services, as well as response succeeded in making BRI record solid performance
strengthening retail banking through value chain business with consolidated assets reaching IDR1,965 trillion or growing
development, improving digital products, and strengthening 5.3% yoy. BRI’s total credit and financing was able to grow
synergy and cross selling of BRI and its subsidiaries. 11.2%, amounting to IDR1,266 trillion. Increasing profitability
with good risk management made BRI set a new record for
Income by recording a Net Income of IDR60.4 trillion (an
increase of 17.5% yoy) at the end of 2023.
PT Bank Rakyat Indonesia (Persero) Tbk 5
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2022
Reach Further, Provide Solution,
Grow Better and Stronger
BRI implements a hybrid bank concept that combines digital which had more than doubled to IDR2,669 trillion, with the
and physical services (conventional banking services) to number of transactions reaching 1.83 billion transactions,
expand reach. and BRImo users also shot up 68.46% Year on Year (YoY) to
23,85 million users.
BRI also continued to spur the development of AgenBRILink
services to encourage inclusion and services closer to In addition, efforts to expand its reach were also carried out
the community. The number of AgenBRILink increased by through the Ultra Micro Holding between BRI (as the holding
24.6% YoY to 627 thousand agents with transaction volume company) and PT Pegadaian and PT Permodalan Nasional
reaching IDR1,298 trillion or growing 13.5% YoY. Currently Madani (PNM). One year after its establishment, Holding
AgenBRILink services reached 58,896 villages in all corners Ultra Micro has successfully integrated more than 34 million
of Indonesia, or covered at least 77% of the total villages in ultra micro customers to obtain formal financial services.
Indonesia. SENYUM colocation services (Ultra Micro Service Centers)
until the end of 2022 have reached 1,013 locations.
BRI continued to carry out a strong commitment to digital
transformation to provide easy public access to banking Thus, through a hybrid bank strategy that makes BRI’s
services. One of them was through Super Apps BRImo which services more extensive and provides convenience,
received a positive response from the community. This was encouraging BRI’s business to continue to grow and become
shown by the volume of financial transactions through BRImo more resilient.
6 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
2021
Digitalization:
Go Smaller, Go Shorter, Go Faster
In the midst of the economic recovery, PT Bank Rakyat affordable financial access. To provide banking services
Indonesia (Persero) Tbk. (BRI) managed to maintain to various regions by Go Smaller, Go Shorter & Go Faster,
performance fundamentals to grow in a healthy, strong BRI digitalization was carried out by referring to 3 (three)
and sustainable manner. BRI’s success in recording this main frameworks, namely first, Digitizing Core or digitizing
brilliant performance became the result of a transformation business processes with the aim of increasing productivity
strategy prepared since 2016 through the grand concept of and focusing on efficiency. Second, Digital Ecosystems in
BRIvolution 1.0. The program was started in 2017 and had which BRI prepared digital platforms to encourage BRI to
been implemented until 2020. enter the value chain ecosystem business so that it was
expected to be a new source of growth for CASA, FBI and
Since the onset of the pandemic, the transformation
BRI’s new customers. Third, New Digital Propositions, in
continued to become BRIvolution 2.0 focusing on two main
which BRI innovated financial technology with a fully digital
areas, namely digital and culture. BRI’s vision was also
approach and new business models that could provide
changed to become The Most Valuable Banking Group in
services to customers faster, better and more efficiently.
Southeast Asia. In addition, another focus was to become
the Champion of Financial Inclusion. This was to restore BRI’s Through the transformation as well as the go smaller, go
focus on its pathway in the MSME segment, including the shorter and go faster strategy supported by digitalization,
Ultra Micro (UMi) business. BRI had proven to be able to show solid performance by
recording consolidated assets of IDR1,678.10 trillion or
Champion of Financial Inclusion was intended to maintain
growing 4.23% YoY. As for the total credit and financing of
the company’s sustainable growth. BRI looked for new
the BRI Group, it reached a thousand trillion rupiah exactly
sources of growth. With a go smaller strategy, BRI targeted a
at IDR1,042.87 trillion. The proportion of BRI’s MSME loans
business segment smaller than micro, namely ultra micro by
continued to climb, with 83.86% of BRI’s total lending being
extending loan with a smaller ticket size. BRI provided short
channeled to the MSME segment. This figure became an
tenors as needed or go shorter. In addition, BRI strengthened
increase compared to the same period last year, and BRI
the digitization of its financial services so that services and
would continue to increase this proportion to reach 85% by
business processes could go faster. That way, BRI can serve
2024.
the community by providing wider, easier, faster and more
PT Bank Rakyat Indonesia (Persero) Tbk 7
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CONTENTS
TABLE OF
Themes and Meaning 100 Description of Name Change
3
of Themes
Vision, Mission and Corporate
102
4 Theme Continuity Culture
8 Table of Contents 106 Business Activities
11 Company at a Glance Business Activities According
106 to The Article Association and
12 Milestones Business Activities Conducted
107 Products and Services
16 Our Best Contribution
118 Operating Area
122 Organizational Structure
Performance
124 List of Association Membership
Highlights
126 Board of Directors’ Profile
Important Performance 152 Board of Commissioners’ Profile
22
Achievement in 2025
164 Executive Officer Profile
Important Financial Data
26 170 Employee Profile
Summary
Financial Summary Number of Employees
26 170
and Financial Ratio by Gender
32 Operational Overview Number of Employees
170
by Position Level
35 Stock Information
Number of Employees
36 Corporate Action 170
by Age Range
Suspension and/or Delisting Number of Employees
36 171
Actions by Education Level
Information of Bonds, Sukuk, Number of Employees
38 171
and/or Convertible Bonds by Status
40 Other Funding Sources Number of Employees
172
by Generation
40 The Company Rating in 2025
Number of Employees
42 The Important Events 172
by Service Period
175 Main and Controlling Shareholder
176 Shareholder's Composition
Report of the The 20 Largest Shareholders’
Board of Directors 177
Composition
and Board of 179
Composition of Shares
Ownership of 5% or More
Commissioners Community Shareholders’
179 Group Composition Holding
54 Board of Directors’ Report Less Than 5% of Shares
72 Board of Commissioners’ Report Board of Commissioners’
180
and Directors’ Shareholding
2025 Annual Report
90
Responsibilities Senior Management Shares
182
Ownership
182 Classification of Shareholders
Company Profile
94 Company Identity
Office Addresses and/or Branch
95
Offices or Representative Offices
97 Company Brand
98 Brief History of The Company
8 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
List of Members of the Financial Conglomerate, 350 Information on Capital and Risk Exposure
183 Subsidiaries, Associated Companies, and Joint
Venturance Companies 479 Material Bonds Related to Capital Goods Investment
193 Company Group Structure 479 Capital Goods Investment
194 Bank Business Group Information 480 Commitments and Contingencies
195 Stock Issuance Chronology Material Information and Facts After The Accountant’s
480
Report Date
202 Chronology of Issuance and/or Listing of Other Securities
480 Business Prospects and Future Strategies
Information on Using the Services of Public Accounting
207
(AP) and Public Accounting Offices (KAP) 482 Achievement of Targets and Future Targets
Name and Address of Supporting Institutions 486 Long Term Plans (RJP) Evaluation
209
and/or Professionals
487 Dividend Policy, Announcement and Payment
210 Awards and Certifications
490 Realization of the Use of Public Offering Funds
224 Information Available on the Website
Material Information Regarding Investment, Expansion,
490 Divestment, Acquisition, or Debt and Capital
Restructuring
Management Discussion and Material Transaction Information Containing Conflict
Analysis on Bank Performance 492
of Interest and/or Transaction with Affiliated Parties
502 Changes in Law and Their Impact on Bank
228 Economic Review
502 Accounting Policy Changes
228 Global Economic Analysis
503 Bank Soundness Level
230 Domestic Economic Analysis
504 Business Continuity Information
232 Banking Industry Analysis
Disclosure of the Governance Framework,
504
233 Analysis of BRI’s Position in the Banking Industry Management and Control of Tax Aspect
235 Operational Review 504 Response to Change in Monetary Policy Direction
235 Bank Strategic Plan Prohibitions, Limitations and/ or Significant Obstacles
507 to the Provision of Funds Between Banks and Other
237 Marketing Aspect Entities in a Business Groups
237 Marketing Strategy 510 Spot and Derivative Transactions
239 Market Share Report on the Use of Additional State Capital
511
Participation (PMN)
240 Customer Complaint Handling
243 Operational Review Per Business Segment
Business Support
244 Operating Segment
Functions Overview
309 Geographic Segment
310 National Strategic: Projects (PSN) or Other Assignments
312 Financial Review 514 Human Capital
312 Financial Performance 515 Human Capital Management Framework and Strategy
312 Consolidated Statement of Financial Position Human Resources Management Policy
515
and Implementation
Consolidated Statement of Profit or Loss and Other
326
Comprehensive Income 515 Recruitment
335 Statement of Consolidated Cash Flows 517 Recruitment Implementation
338 Interest Rate 517 Competency Development
338 Loan Interest Rate 517 Talent Management
339 Ability to Pay Debt and Receivable Collectibility 521 Performance Assessment
342 Other Financial Ratios 522 Remuneration
344 Productive Asset Quality Analysis 523 Pension Program
348 Strategy for Improving Fee Based Income 523 Human Capital Information System
348 Bank Capital Structure 524 Culture Internalization
PT Bank Rakyat Indonesia (Persero) Tbk 9
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529 Information Transparency for Employees 835 Performance Based Long-Term Compensation Policy
529 Human Resources Management Structure 837 Public Accountant
530 Human Capital Work Plan 2026 838 Internal Control System
531 Information Technology 845 Risk Management
532 Information Technology Strategy 865 Compliance Function
532 Information Technology Innovation Anti-Money Laundering (AML), Combating the
Financing of Terrorism (CFT), and Preventing Funding
533 Information Technology Infrastructure 875
for Proliferation of Weapons of Mass Destruction
533 Information Technology Governance (WMD Proliferation) Programs
535 Information Technology Management Structure 880 Lawsuit
537 Information Technology Work Plan 2026 Administrative Sanctions Imposed on the Company,
884 Members of the Board of Commissioners and Directors
by the Capital Market Authority and Other Authorities
Corporate 884 Corporate Information and Data Access
Governance 890 Code of Ethics
892 Internal Deviation (Fraud)
Implementation of Good Corporate Governance
540 893 Whistleblowing System
with Company Performance
541 Objectives of Implementing GCG 897 Anti-Corruption Program
541 Corporate Governance Implementation in 2025 891 Management of Assets Reporting of State Officials
Quality Improvement Plan of Corporate Governance 902 Provision Funding for Social and/or Political Activities
542
Implementation in 2026
902 Buyback Share and Buyback Obligation
542 Basic Implementation of Corporate Governance
903 Internal Dispute
543 Sustainably Good Corporate Governance Implementation
903 Bank Strategic Plan
547 Structure of Governance
Provision of Funds to Related Parties and Provision
903
550 Corporate Governance Mechanism of Large Funds
550 Measurement/Testing of GCG Implementation Quality 904 Transactions with Conflict of Interest
Implementation of Corporate Governance in 904 Prevention of Insider Transaction (Insider Trading)
554
Accordance with Financial Services Authority Provisions
905 Transparency of Financial and Non Financial Conditions
Implementation of Corporate Governance Aspects
and Principles in Accordance with The Guidelines 905 Procurement of Goods and Services
559
of Corporate Governance Principles for Banks Published
by The Basel Committee in Banking Supervision Implementation of Sustainable Finance, Including
907 Implementation of Social and Environmental
561 Implementation of Corporate Governance Responsibility
561 Shareholders 907 Implementation of Integrated Governance
563 General Meeting of Shareholders 931 Bad Corporate Governance Practices
585 Board of Directors
618 Board of Commissioners
667
Nomination and Remuneration Corporate Social
of the Board of Commissioners and Directors
Responsibility
Transparency of Share Ownership
674
of Directors and Board of Comissioners
678
Diversity Policy for Board of Directors
and Board of Commissioners Financial Service Authority (OJK)
Organs and Committees Reference Index
683
Under the Board of Commissioners
762 Organs and Committees Under the Board of Directors
The Implementation of Governance in Providing Financial
830 Remuneration for Commercial Banks in Accordance
with OJK Regulation 45/POJK.03/2015 Statements
10 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Company
at a Glance
% 53.19%
0.00
The Government of the Republic
of Indonesia through BP BUMN
%
53.19 Shareholders Total Assets
PT Danantara Asset
Management (Persero)
IDR
2,135.37
% trillion
Public 46.81 46.81%
Description: As of December 31, 2025, The Government of the Republic of Indonesia
holds 1 Series A Dwiwarna Share. through the State-Owned Enterprises Regulatory Agency
Main Products
and 80,610,976,875 Series B Shares through PT Danantara Asset Management (Persero). and Services
Company
Segments
Micro Corporate Deposit Loan
Products Products
Other Segment
Retail
and Subsidiaries
Subsidiaries Other Banking
Services
PT Pegadaian 99.99%
PT Permodalan Nasional Madani (PNM) 99.99%
PT Asuransi BRI Life (BRI Life) 51.00% Affiliate
PT Bank Raya Indonesia Tbk (Raya) 86.85%
Company
PT BRI Asuransi Indonesia (BRI Insurance) 90.00% 15.10 % 4.25 %
PT Bahana Artha Ventura PT Kustodian Sentral
PT BRI Multifinance Indonesia (BRI Finance) 99.88%
(BAV) Efek Indonesia (KSEI)
PT BRI Ventura Investama (BRI Ventures) 99.97%
1.11 % 15.38 %
PT BRI Danareksa Sekuritas (BRI DS) 67.00 %
PT Kliring Penjaminan PT Bank Syariah
Efek Indonesia (KPEI) Indonesia Tbk (BSI)
PT BRI Manajemen Investasi (BRI MI) 65.00%
PT Pemeringkat Efek
6.78 % Indonesia (Pefindo)
BRI Global Financial Services Co. Ltd. (BRI Global Financial Services) 100.00%
PT Bank Rakyat Indonesia (Persero) Tbk 11
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Milestones
1895 2011
On December 16, 1895, Raden Aria Wiriatmaja founded • On January 11, 2011, the Bank exercised a 1:2 ratio
De PoerwokertoscheHulp en Spaarbank der Inlandsche stock split.
Hoofdenin Purwokerto as a mosque fund manager whose • On March 3, 2011, the signing of a Deed of Acquisition
function was to manage and disburse funds to the people of shares of PT Bank Agroniaga Tbk between BRI
through a simple scheme. The institution experienced and Dana Pensiun Perkebunan (Dapenbun).
several name changes, from Hulp en Spaarbank
derInlandshe Bestuurs Ambtenareen (1895),
De Poerwokertosche Hulp Spaar-en Landbouw Credietbank
or Volksbank, to Centrale Kas Voor Volkscredietwezen
Algemene (1912). In 1934 the name was again changed,
to Algemene Volkscredietbank (AVB). During the Japanese 2009
occupation period, AVB was known as Syomin Ginko Real-time online interconnection with the whole works unit,
(1942-1945). numbering 6,480 outlets at the time.
2007
1946 BRI acquired Bank Jasa Artha,
On February 22, 1946, the Government of Indonesia, later changed into PT Bank BRI Syariah.
by virtue of Government Regulation No. 1 of 1946,
changed Syomin Ginko into Bank Rakyat Indonesia (BRI),
a government owned bank with the front-line role
of supporting national economic development.
2003
On November 10, 2003, BRI became a Publicly listed
Company by listing its shares on the Jakarta Stock
Exchange (now Indonesia Stock Exchange/ IDX)
1960 with ticker code “BBRI.” Now BRI is part of the LQ-45
The government changed BRI share index and also one of the bluechip companies on IDX.
into Bank Koperasi Tani Nelayan (BKTN).
1968 1992
Based on Law No. 21 of 1968, the Government reestablished According to Republic of Indonesia Government
the name Bank Rakyat Indonesia with a commercial bank Regulation No. 21 of 1992, BRI changed its legal status
status. to PT Bank Rakyat Indonesia (Persero).
1969 1984
BRI was appointed by the Government as the only bank Following the closing of Bimas program by the Government,
to disburse loan program Mass Assistance (Bimas) BRI started to manage the micro business commercially,
and started to establish BRI Units. distributed through BRI Units.
12 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
2011 2017
On December 16, 2011, the signing of Instrument • BRI began operating Timor Leste Overseas Unit
of Transfer, and Bought and Sold Notes between on March 14, 2017.
BRI and PT Asuransi Jiwa BRIngin Jiwa Sejahtera • On February 24, 2017 BRI officially launched Teras BRI
over the shares of BRIngin Remittance Co. Ltd. Kapal Bahtera Seva II and Teras BRI Kapal Bahtera Seva
(Hong Kong). III to reach communities in the coastal areas of Labuan
Bajo and Halmahera Island.
• BRI Extraordinary General Meeting of Shareholders
(“EGMS”) held on October 18, 2017 has approved the
stock split from IDR250,- (two hundred fifty Rupiah)
2013 per share to IDR50,- (fifty Rupiah) per share (Ratio 1:5)
and began its trading on November 10, 2017, the 14th
BRI Hybrid Banking, the first self-service banking
Anniversary of BRI’s listing at the stock exchange.
in Indonesia.
2014 2018
• BRI’s ATM network continues to increase, reaching • To enhance its customer service BRI launched Sabrina,
20,792 ATM units and 131,204 EDC units – constituting an Artificial Intelligence as BRI New Assistance to
the largest ATM and EDC network in Indonesia. facilitate the customers in getting information on the
• BRI signed the BRI Satellite (BRISat) Satellite Procurement Bank.
and Launcher Agreement with Space System/ Loral (SSL) • BRI encouraged the MSME to Go Digital by launching
and Arianespace on April 28, 2014. the Indonesia Mall, cooperating with the marketplace
startups thereby providing the MSME communities the
opportunities to sell their products in wider market.
• BRI issued the following bonds:
- Bank BRI Shelf Registration Bonds II Phase IV 2018
Series-A, maturity on February 21, 2023, with nominal
2015 value of 1,837,000,000,000 shares and coupon/
discount rate of 6.65%, with AAA credit rating
• In 2015, BRI opened Singapore Overseas Unit and
from Pefindo.
acquired PT Asuransi Jiwa Bringin Jiwa Sejahtera
- Bank BRI Shelf Registration Bonds II Phase IV 2018
(Bringin Life).
Series-B, maturity on February 21, 2025, with nominal
• On August 4, 2015, BRI launched Teras BRI Kapal value of 605,000,000,000 shares and coupon/
to reach out to people living in coastal areas discount rate of 6.90%, with AAA credit rating
that are underserved by banking services. from Pefindo.
• BRI also inaugurated BRI Corporate University to provide - Bank BRI Registration Bonds III 2018, maturity on
comprehensive facilities for employee education. June 21, 2023, with nominal value of 500,000,000,000
shares and coupon/discount rate of 7.70%, with AA
credit rating from Pefindo.
• BRI has exercised three new equity investments, which
are 2 (two) new subsidiaries, PT BRI Ventura Investama
(BRI Ventures) and PT BRI Danareksa Sekuritas (DS),
as well as investment in PT Danareksa Investment
Management (DIM). On these equity investments, total
2016
Subsidiaries of BRI become 8 (eight) Subsidiaries,
• BRI’s own satellite, the BRIsat, was successfully launched
namely Sharia (BRISyariah), Conventional Bank (BRI
on June 18, 2016, at 18:38 Kourou Time, French Guiana.
Agro), Remittance (BRI Remittance), Insurance (BRI Life),
BRIsat will provide the supporting infrastructure for BRI’s
Multifinance (BRI Finance), Venture Capital (BRI Ventures),
digital services.
Securities (BRI Danareksa Sekuritas), and General
• BRI acquired BTMU Finance, a multifinance company, Insurance (BRI Insurance).
and subsequently changed its name to BRI Finance.
• BRI also launched the BRI Institute as a manifestation
• BRI inaugurated a full digital branch at Terminal 3, of Bank BRI’s effort in the National Capacity Building
Soekarno Hatta Airport, and launched several programs for MSMEs segment.
concerning digitalization for SME, such as e-Pasar,
Teras BRI Digital. 1 Million Free Domain for MSMEs,
and Rumah Kreatif BUMN.
PT Bank Rakyat Indonesia (Persero) Tbk 13
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2019 2020
• BRI through its subsidiary BRI Agro launched PINANG, BRI actively becomes the Government main partner in
the First Digital Lending Banking in Indonesia. implementing the National Economic Recovery Program
By combining digital technology, PINANG speeds up (NER) which have rendered positive impact, not only for the
the application process to disbursement to less than debtors that mostly are MSMEs, but also to the Company.
10 minutes. Applications can be made through As of December 2020, the following are NER programs
branchless methods. Using a fast, affordable, and secure carried out by the Company:
process, as well as a competitive ceiling, PINANG will 1. Distribution of MSME Loan in the framework
provide extra convenience for customers to apply of Accelerating National Economic Recovery.
for loans. In accordance with the target set by the Government
• BRI has acquired companies engaged in General of IDR45 trillion (3 times) from Placement of Government
Insurance, PT Bringin Sejahtera Artha Makmur (BRINS), Funds;
this acquisition is a strategic step for the company 2. Lending with guarantee scheme for small and retail
to become an integrated financial solution that will further segments amounted to IDR8.73 trillion to more than
complement the financial services owned 14 thousand Debtors;
by the BRI Group. 3. Disbursement of MSME Loan Interest Subsidies
• On March 28, 2019 BRI issued a (sustainability bond) amounted to IDR5.47 trillion to more than 6.5 million
with a nominal value of USD 500.000.000 (full amount) beneficiaries;
for a period of 5 years. Proceeds from the bond issuance
4. Disbursement of Micro Business Productive Assistance
were used to fund Eligible Projects in accordance with
(BPUM) amounted to IDR18.64 trillion to more than
the Sustainability Framework.
7.7 million micro business;
• BRI has launched its latest digital banking breakthrough
5. Disbursement of KUR Super Micro amounted
to provide convenience and security in banking
to IDR8.66 trillion to more than 985 thousand debtors;
transaction services. BRI launched the BRImo application,
6. Disbursement of salary subsidies of IDR6.45 trillion
the latest BRI Mobile application based on data with
to more than 5 million beneficiaries.
the latest UI/UX (User Interface/ User Experience) and
the latest features that can be used by customers and In addition, as a recovery effort to the debtors impacted
noncustomers without having to come to the branch by the COVID-19, as of December 2020, BRI has carried
office with a choice of funding sources current account, out restructuring amounted to IDR186.6 trillion to 2.8 million
savings and Electronic Money for each of its features. debtors, where 95% included as debtors from Micro,
BRImo has various interesting advantages, such as Consumer, Small and Medium segments.
convenience in opening a BRI Britama Muda Savings • To provide customer transactions convenience during
account, login applications using finger print or face id the pandemic, BRI launch the following digital innovations:
recognition, checking of account transactions up - Launching of BRImo New Look.
to the last 1 year, the use of account aliases and access - Launching of Pasar.id. The social distancing and Large
to information on BRI Bank promos. Until December 2019 Scale Social Restrictions has limited the activity in
there have been 2.96 million BRImo users. the market, resulting in profitability declined for the
• On December 12, 2019, BRI made a breakthrough traders. BRI helps the “Survival Mode” of Traditional
innovation in its financial products and services to Market by introducing online shopping (through WA,
establish itself as a leading financial institution in digital Website, Mobile Apps, or start-ups cooperation).
banking in Indonesia. The latest one, BRI launched - Launching of Digital Saving. BRI launch digital account
an online loan called CERIA. Through this launch, BRI opening service through Digital Saving Platform that
became the first state-owned bank to have an online are accessible through BRI channels or cooperating
loan application. third parties. The platform uses 2 technologies,
• In addition to innovating through various digital banking namely face recognition and digital signature, hence
products development, during 2019 BRI also continued providing a branchless facility for customers.
to empower the MSMEs through KUR disbursement of • Launching of the Indonesian Banking Professional
IDR87.9 trillion to more than 4 millions of them. Of the Certification Agency (BRISLP).
total KUR disbursed during 2019 by BRI, IDR75.7 trillion or • Launch of BRI Micro & SME Index (BMSI). The launch
86.1% were disbursed specifically for the micro segment. of BMSI is BRI’s concern for the activities of Indonesian
As such, since 2015, BRI has succeeded in disbursing MSMEs to become information. BMSI is the first leading
KUR with a total value of IDR323.4 trillion to more than indicator in Indonesia to measure MSME activities which
16.6 million MSMEs communities throughout Indonesia. one day will be useful for public policy.
14 PT Bank Rakyat Indonesia (Persero) Tbk
Page 15
Annual Report
2025
2021 2025
• Throughout 2021, BRI successfully carried out
3 (three) major corporate actions to support sustainable • Throughout 2025, BRI reached an important milestone
growth. These three major corporate actions became in reaffirming the direction of its long-term transformation.
part of BRI’s business growth which was carried out On July 3, 2025, BRI launched BRIVolution Reignite as a
inorganically and in the value creation process. strategic initiative to strengthen its business fundamentals,
The 3 (three) corporate actions included: enhance competitiveness, and create sustainable value, with
1. Consolidation of Bank Syariah Indonesia (BSI) a focus on strengthening the funding structure, accelerating
with an increase in the price of BRIS shares up to digitalization, improving productivity, and developing
four times since the consolidation process. customer-centric business initiatives.
2. Increased valuation of BRI Life to IDR7.5 trillion
through strategic collaboration with FWD Financial • The foundation of this strategy was further reinforced
in 2021, where BRI previously acquired BRI Life through the strengthening of organizational culture with
for IDR1.6 trillion in 2015. the introduction of the Brilian Way. The five core values—
3. Establishment of an Ultra Micro Holding with Pegadaian Integrity, Collaborative, Accountability, Growth Mindset, and
and PNM with a total Right Issue value of IDR95.9 trillion Customer Focus—serve as guiding principles and behavioral
consisting of IDR54.7 trillion in the form of government standards for all BRILiaN employees in carrying out their
noncash participation in the form of Pegadaian and roles.
PNM shares, and IDR41.2 trillion in cash proceeds from
shareholders public. This achievement marked history • The alignment between strategy and culture was further
as the largest right issue in the Southeast Asia region, embodied through the Corporate Rebranding launched on
ranked third in the right issue in Asia, and number seven December 16, 2025, reflecting BRI’s increasingly modern
worldwide. and inclusive identity, while preserving its DNA of supporting
• Sustaining the current momentum of national economic the people’s economy, empowering MSMEs, and fulfilling its
recovery, BRI has become the titling sponsor of BRI Liga 1, strategic role as an agent of development.
which is expected to stimulate the national economy.
• The results of this transformation are also reflected in the
Specifically, it will help revive the national football industry,
including SMEs, MSMEs, and their derivatives such as Bank’s strong performance achievements. On the funding
jersey convection companies, souvenir sellers, team side, deposits increased by 7.4% while CASA grew by 12.7%,
merchandisers, and the football shoe industry. driving the CASA ratio to 70.6%—the highest in BRI’s history.
• BRI opened its sixth overseas outlet, namely a Branch A stronger funding structure, supported by more resilient
Office in Taipei, Taiwan located at No. 166, Sec. 3, Nanjing transaction-based activities, contributed to improved cost
East Road, Zhongshan District, Taipei City, Taiwan. The of funds efficiency while maintaining liquidity and margin
operation of the BRI Taipei Branch (BRITW) started resilience. Loans grew by 12.3%, with MSMEs accounting
operating on Tuesday, November 30, 2021. for 77.5% of the portfolio—reaffirming that micro and MSME
The BRI Taipei Branch had also obtained an operational segments remain the core of BRI’s business and a key source
permit as a Full Retail Foreign Bank Branch Office License of resilience. Growth in the Commercial and Corporate
by the Taiwanese authorities. With this license, BRI Taipei segments was pursued in a measured manner and with
Branch could provide Savings, Loans, Remittances, Trade
a strong focus on quality.
Finance, and Treasury services to customers in Taiwan.
• In addition, as part of its support for government programs,
BRI continues to serve as the main distributor of People’s
Business Credit (KUR). In 2025, BRI disbursed KUR
amounting to IDR178.08 trillion to approximately 3.8
2022 million borrowers. Cumulatively, from 2015 until the end of
In 2022 BRI continued to develop its business in a number of December 2025, total KUR disbursement by BRI reached
ways: IDR1,435 trillion, benefiting around 46.4 million business
1. Acquiring Danareksa Investment Management actors.
to continue making the BRI Group a one-stop financial
solution for the people of Indonesia. • BRI also actively supports other government initiatives,
2. Launching the Qlola by BRI product as an Integrated including the Free Nutritious Meals Program, Koperasi Desa
Corporate Solution Platform with just a single sign on login. Merah Putih, and the People’s Housing Credit Program. This
3. Being more consistent in supporting Indonesia’s financial further reinforces BRI’s role as a strategic partner of the
inclusion through: Government in expanding financial access and optimizing
• BRILink agents reached 627 thousand agents and are the implementation of national programs.
spread over >58 thousand villages or cover >77% • With a clear strategic direction and disciplined execution,
of villages in Indonesia. BRI is well positioned to continue creating long-term value
• Super Apps BRImo which already had 23.85 million while supporting inclusive and sustainable economic growth
users and made BRImo the banking app with
in Indonesia.
the largest users in Indonesia.
• Presenting >1,000 Senyum Outlets to facilitate access
for customers of the Ultra Micro ecosystem in one door
that successfully integrated >34 million customer data.
2024
• BRIvolution 3.0 was officially launched as a strategic step
to establish BRI’s long-term corporate plan, formulating its
2023 vision as “The Most Trusted Lifetime Financial Partner for
The success of BRI’s digital transformation is evident Sustainable Growth”.
from the number of BRImo users, which reached 31.6 million
• Bank BRI continues to be committed to encouraging the
by the end of 2023—an increase of more than tenfold in
people’s economy by serving and empowering UMKM
just 4 (four) years. This makes BRImo the most downloaded
mobile banking app in Indonesia. Additionally, in 2023, through Ultra Micro Holding (UMi). Since 3 years from it was
BRImo’s transaction volume saw extraordinary growth, founded, UMi has served 35.9 million customers, including
reaching IDR4,159 trillion. 1,032 colocations spread throughout Indonesia.
PT Bank Rakyat Indonesia (Persero) Tbk 15
Page 16
Our Best
Contribution
Amid the challenges arising from domestic and global serve micro and small communities as well as grassroots
economic dynamics, the strategic direction and business entrepreneurs, a foundational value that continues to be
fundamentals of PT Bank Rakyat Indonesia (Persero) Tbk upheld to this day. Going forward, BRI aspires to become an
continue to be strengthened, reaffirming BRI’s role as a even stronger bank serving all segments, realizing its vision
state-owned bank that grows alongside the community and as one bank for all.
consistently contributes to the national economy.
While remaining steadfast in its commitment to the people,
Within this framework, BRI established the BRIVolution BRI also plays an active role in accelerating the national
Reignite transformation agenda as a strategic initiative economy by supporting various government priority
to reinforce business fundamentals, enhance efficiency, programs. Such contributions were manifested not only
and ensure that the Company remains relevant and through economic initiative but also through social actions
competitive amid the evolving economic and technological that directly impact communities and strengthen sustainable
landscape. BRIVolution Reignite underscored BRI’s focus development outcomes.
on strengthening its funding structure, accelerating digital
transformation, improving productivity, and developing BRI’s presence within society underscores that, beyond
both core and new sustainable business lines. All of these its transformation agenda and performance enhancement
initiatives were implemented with a strong customer-centric efforts, the Company remains committed to standing and
orientation, while further solidifying BRI’s role as a bank that moving forward together with the people. At least ten
serves all segments of society. tangible contributions have been delivered by BRI to the
nation, reflecting the Company’s strategic role in fostering
Transformation progresses in parallel with BRI’s DNA as inclusive, equitable, and sustainable economic growth
a bank deeply rooted in the people’s economy. Since its across Indonesia.
establishment in 1895, BRI has grown with a mandate to
Fostering Sharing
Economy through
Throughout 2025, BRI was supported by approximately 1.19 million BRILink Agents
1.19 Million
across Indonesia, reaching 66,098 villages, or more than 87.8% of the total villages
BRILink Agents nationwide. Through this partnership-based business model, BRILink Agents
facilitated more than 1.2 billion financial transactions, with a total transaction volume
reaching IDR1,746 trillion.
In addition, through the BRILink Agents network, BRI continues to strengthen the
role of Koperasi Desa/Kelurahan Merah Putih (KDKMP) as a driver of the people’s
economy, leveraging the extensive reach of BRILink Agents, including in 3T areas
(Frontier, Outermost, and Disadvantaged regions). The presence of BRILink Agents
has also fostered a sharing economy within communities. Through the BRILink
Agents network, BRI strives to extend financial services to segments of society
that were previously underserved by the banking system, thereby reinforcing its
commitment to advancing financial inclusion across Indonesia.
16 PT Bank Rakyat Indonesia (Persero) Tbk
Page 17
Annual Report
2025
Consistently Supporting
The Three Million Housing
Program, BRI Disburses
IDR16.16 Trillion in Subsidized
Home Ownership Loans
IDR
16.16 Trillion
BRI continues to strengthen its role in supporting the national housing
program through the distribution of Subsidized Home Ownership Loans
(KPRS). As of the end of December 2025, BRI had realized KPRS financing
amounting to IDR16.16 trillion, benefiting more than 118 thousand debtors
across Indonesia, as part of its commitment to expanding access to
affordable housing for Low-Income Communities (MBR).
The distribution comprised several financing schemes, including the
Sejahtera Housing Loans under the Housing Financing Liquidity Facility
(FLPP) amounting IDR15.74 trillion, Tapera Housing Loans totaling IDR321.23
billion, the Interest Subsidy Scheme (SSB) valued at IDR94.03 billion,
and the Savings-Based Housing Financing Assistance Program (BP2BT)
amounting IDR9.06 billion.
Commitment to Asta Cita,
BRI’s KUR Reaches IDR178.08 Trillion
BRI recorded solid achievements in the distribution of In terms of economic sectors, BRI’s KUR distribution
People’s Business Credit (KUR). The majority of the remained predominantly allocated to productive sectors,
financing was channeled to productive sectors, in line covering agriculture, fisheries, trade, manufacturing,
with the Government’s Asta Cita, particularly the pillar and other services, which accounted for 64.49% of
focused on strengthening the people’s economy. the total KUR disbursement. The agriculture sector
emerged as the primary contributor, with financing
The Company’s tangible commitment to empowering reaching IDR80.09 trillion, equivalent to 44.97% of the
the people’s economy is clearly reflected in its KUR total KUR distributed by BRI. This achievement reflects
distribution. As the largest KUR distributing bank. BRI’s strong commitment to strengthening the real
In 2025, BRI had distributed IDR178.08 trillion, reaching sector and supporting sustainable economic growth.
IDR3.8 million debtors.
PT Bank Rakyat Indonesia (Persero) Tbk 17
Page 18
BRI Expands Its Global Presence,
Recognized as Indonesia’s Largest Public Company by Forbes
Throughout 2025, BRI garnered 258 awards at the domestic,
regional, and international levels, underscoring its consistent
performance excellence and strong global recognition. One
of the most notable achievements came from the Forbes
Global 2000 - The World’s Largest Companies 2025, where
BRI ranked 349th among the world’s 2,000 largest public
companies, making it the highest-ranked Indonesian public
company on the prestigious list.
At the regional level, BRI secured the top position among
all Indonesian banks and financial institutions and ranked
4th in the financial category across Southeast Asia in the
Fortune Southeast Asia 500 2025, which lists the largest
companies in the region based on revenue. BRI’s international
recognition was further reinforced through The Banker Top
1000 World Banks, where BRI was named the number one
bank in Indonesia and ranked 114th globally, supported by
strong financial performance fundamentals. Most recently,
on December 3, 2025, BRI was honored as Bank of the Year
2025 in Indonesia by The Banker, a leading global financial
publication under the Financial Times Group.
Empowering MSMEs through 5,245 Fostered Villages
and 42,682 Business Clusters
Beyond financing initiatives, BRI continues to implement
various empowerment programs that directly impact
communities and MSMEs. As of December 2025, the BRILiaN
Village program had reached 5,245 fostered villages across
Indonesia.
In addition, through the BRI Business Cluster Program,
the Bank has developed 42,682 business clusters as
part of its strategy to strengthen community-based
productive sectors. BRI also introduced LinkUMKM, a digital
empowerment platform designed to enhance the capability
and capacity of MSMEs. More than 14.98 million MSME
entrepreneurs have utilized the platform to strengthen their
business capacity, accelerate their upgrading process, and
expand market access. Furthermore, to foster sustainable
MSME development, BRI manages 54 BUMN Houses and
has conducted 18,218 training programs, reinforcing its
commitment to building resilient and competitive MSMEs
nationwide.
18 PT Bank Rakyat Indonesia (Persero) Tbk
Page 19
Annual Report
2025
Increasingly Preferred by Customers,
BRImo Super Apps Reaches
45.9 Million Users
BRI continues to realize tangible results from the ongoing
implementation of its BRIVolution Reignite transformation.
One notable achievement is the growth in users of the BRImo
Super Apps, which reached 45.9 million users throughout
2025, representing an 18.9% YoY increase compared to
the previous year. In parallel, BRImo’s transaction activities
have continued to demonstrate robust growth. By the end
of 2025, BRImo had facilitated 5.62 billion transactions,
reflecting a 29.5% annual increase, underscoring the
public’s growing trust in BRI’s digital services, which are
secure, fast, and convenient.
Strengthening the Grassroots Economy,
UMi Holding Reaches 34.5 Million Borrowers
The Ultra Micro Holding (UMi Holding), consisting of BRI has also expanded its outreach and delivered
BRI, Pegadaian, and PNM, has become a strategic pillar services closer to the community. The UMi Holding
in expanding national financial inclusion. As of the end operates a service network comprising more than
of December 2025, the UMi Holding had served more 15,000 physical outlets, 1,034 SenyuM (Ultra Micro
than 34.5 million active borrowers, with total micro Service Centers) outlets, 1.19 million BRILink Agents,
savings accounts exceeding 187 million accounts. more than 627 thousand BRI e-channels, and
approximately 74 thousand marketers and financial
advisors from BRI, Pegadaian, and PNM distributed
across Indonesia.
PT Bank Rakyat Indonesia (Persero) Tbk 19
Page 20
20 PT Bank Rakyat Indonesia (Persero) Tbk
Page 21
Annual Report
2025
Performance
Highlights
"In 2025, BRI was able to sustain its growth
and deliver a strong performance record.
These achievements were further reinforced
by awards and recognitions from external
parties, both domestically and internationally."
PT Bank Rakyat Indonesia (Persero) Tbk 21
Page 22
Performance Highlights
Important Performance
Pencapaian Achievement
Kinerja Penting
in 2025
Tahun 2025
Important Performance Achievement
the consolidated period December 31, 2025
Total Loans
Asset Third Party Funds
and Financing
IDR
2,135.37 IDR
1,521.49 IDR
1,466.84
trillion trillion trillion
CASA Composition
70.61%
Profit
IDR
57.132 trillion
MSMEs
Loans and Financing*
IDR
1,178.98 trillion
* non-wholesale segment
22 PT Bank Rakyat Indonesia (Persero) Tbk
Page 23
Annual Report
2025
The Empowerment of MSMEs
In addition to a large portion of MSMEs loan distribution, BRI was committed to advance MSMEs by a real measure regarding
various empowerment programs, as follows:
5,245 14.98
Desa BRILiaN Million Users
Desa BRILian was a rural economic development program, Online platform aimed to track and monitor the upgraded
in accordance with specific potentials, such as tourism Indonesian MSMEs through a series of the integrated
village, craftmanship village, agriculture village, etc. empowerment program.
54 42,682
Rumah BUMN Business Clusters
This program was SOE collaboration medium in shaping The empowerment program that was based on business
the digital economy ecosystem by MSMEs fostering uniformity into a business cluster/group.
and involving >18 thousands training.
Consolidated
Financial Ratio
NIM
7.81%
COF *
2.87%
*) on Third Party Fund
NPL
3.07%
NPL Coverage
178.06%
CAR
23.52%
PT Bank Rakyat Indonesia (Persero) Tbk 23
Page 24
Performance Highlights
BRI’s Contribution to the Government’s
Strategic Priorities
People's Business Loan Merah Putih Village Cooperatives
(KUR) Distribution (KDMP) Program
KUR distribution amounted to IDR 178.08 trillion Supporting KDMP program by cooperatives facilitation &
to 3.8 million debtors. empowerment as well as AgenBRILink transaction service.
Subsidized Mortgage (FLPP) Wage Subsidy Assistance (BSU)
Distribution Distribution
Supporting 3 Million Housings program by distributing FLPP The 2025 BSU distribution amounted to IDR2.25 trillion
to 118 thousands Low Income Communities (MBR) as of to 3.7 million beneficiary accounts.
IDR16.16 trillion.
Free Nutritious Meals
(MBG) Program
3,854 Nutritional Food Supply Units (SPPG) had received BRI's banking service. BRI's financing sector had distributed
financing as of IDR104.4 billion to the development of MBG kitchen in various regions of Indonesia.
Digital Services &
Financial Inclusion
SUPER APPS
BRImo
App Store Google Play Store The Ultra-Micro (UMi) Holding is a synergy
4.7 4.7 between BRI, the holding company of Pegadaian, and
Permodalan Nasional Madani (PNM), to provide access
to comprehensive, integrated financial services that met
BRImo is a Super App for various the needs of businesses, particularly in the Ultra-Micro
customer transactions anytime and (UMi) segment.
anywhere and is the most downloaded
mobile banking app with high ratings. Loan Customers Micro Deposit Customers Total Co-Location
45.9 million
34.5 million >187 million 1,034
BRImo users
grew 18.9% (yoy)
IDR
7,077 trillion AgenBRILink is a service expansion where BRI
collaborates with customers as agents/partners
Transaction Volume who can provide real-time online banking transactions
grew 26.4% (yoy) for the public using a fee-sharing concept.
1.19
Reaching
million
AgenBRILink grew 12.2% (yoy)
66
or covering
thousands villages
IDR
1,746 trillion >80% villages
Transaction Volume grew 9.9% (yoy) of the total villages across Indonesia
24 PT Bank Rakyat Indonesia (Persero) Tbk
Page 25
Annual Report
2025
Awards Highlight
2025
Forbes 2025 Finance Asia Awards
Global 2000 2025
• The 1st Indonesia's Largest Company • Best Managed Company
• The 349th in the World • Best Bank Domestic
(Highly Commended)
• Best Bank for Financial Inclusion
Fortune 500
Southeast Asia
• The 1st Indonesia's Financial Industry
• The 4th Southeast Asia's Financial
Industry
The Asset AAA
• South East Asia Best Advisers –
Best Issuer for Sustainable Finance
• Best in Treasury and Working Capital –
SME’s
Brand Finance Global
500 2025
• The Most Valuable Brand in Indonesia
(Number 1 in Indonesia and Number
323 in the World)
The Banker
Top 1000 World Banks 2025
• The 1st Indonesian Bank
and the 114th in the World
PT Bank Rakyat Indonesia (Persero) Tbk 25
Page 26
Performance Highlights
Important Financial Data
Summary
Financial Summary and Financial Ratio
Table of Financial Highlight and Financial Ratios (in IDR millions)
Description 2025 2024* 2023 2022 2021
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
ASSETS
Cash 32,044,482 29,783,642 31,603,784 27,407,478 26,299,973
Current accounts with Bank Indonesia 31,929,608 88,878,969 101,909,121 150,935,150 56,426,573
Current accounts with Other Banks - net 63,488,113 83,448,015 87,545,335 91,869,777 73,012,684
Securities, Export Bills, Reverse Repo
420,454,320 382,903,830 416,411,206 418,685,107 455,174,902
and Other Receivables
Loans, Sharia Receivables, and Financing 1,521,485,857 1,354,640,779 1,266,429,247 1,139,077,065 1,042,867,453
Allowance for Loans Provided, Sharia
(83,058,656) (81,063,511) (85,501,888) (93,087,981) (87,829,417)
Receivables, and Financing
Derivative Receivables - net 1,167,029 1,087,048 911,683 911,405 730,083
Acceptances Receivables - net 13,046,341 9,783,690 9,967,710 7,031,064 9,066,005
Investment in Shares - net 8,834,868 8,076,567 7,305,491 6,506,903 6,071,727
Premises and Equipment - net 63,294,240 62,477,965 59,678,119 55,216,047 47,970,187
Deferred Tax Assets - net 8,129,522 12,800,660 15,445,977 18,712,994 16,284,898
Other Assets - net 54,555,381 39,369,252 53,709,169 42,374,001 32,022,666
TOTAL ASSETS 2,135,371,105 1,992,186,906 1,965,414,954 1,865,639,010 1,678,097,734
LIABILITIES, TEMPORARY SYIRKAH FUNDS AND EQUITY
LIABILITIES
Deposits from Customers**) 1,466,843,839 1,365,450,104 1,358,328,761 1,307,884,013 1,138,743,215
Demand Deposits 448,203,670 374,554,340 346,124,372 349,755,590 220,590,197
Saving 587,585,862 544,426,947 527,945,550 522,647,920 497,676,739
Deposits 431,054,307 446,468,817 484,258,839 435,480,503 420,476,279
Liabilities Due Immediately 39,818,745 36,821,661 30,651,807 24,910,579 18,735,387
Deposits from Other Banks 17,601,436 14,679,482 11,958,319 9,334,547 13,329,434
Securities Sold under Agreement to
27,932,749 25,043,717 19,079,458 9,997,592 29,408,508
Repurchase
Fund Borrowings 129,186,116 127,879,804 98,850,813 79,371,200 68,458,547
Marketable Securities Issued 40,901,648 32,502,499 49,637,581 63,611,761 55,306,697
Other Liabilities 82,145,138 66,494,623 80,049,320 67,134,001 62,329,142
TOTAL LIABILITIES 1,804,429,671 1,668,871,890 1,648,556,059 1,562,243,693 1,386,310,930
26 PT Bank Rakyat Indonesia (Persero) Tbk
Page 27
Annual Report
2025
Description 2025 2024* 2023 2022 2021
EQUITY
Capital Stock 7,577,950 7,577,950 7,577,950 7,577,950 7,577,950
Additional paid-in-capital 75,946,195 75,880,223 75,853,127 75,637,083 76,242,898
Revaluation surplus arising from Premises
20,754,251 20,222,379 20,216,505 20,267,952 17,006,230
and equipment - net of tax
Differences arising from the translation
227,059 (204,632) (253,744) (127,954) (115,975)
of foreign currency financial statements
Provision for bonus shares compensation 453,231 452,031 287,482 210,266 210,266
Unrealized gain/(loss) on fair value through
1,289,152 (2,196,060) (2,221,745) (4,464,483) 1,949,387
other comprehensive income securities - net
Allowance for impairment losses on fair
value through other comprehensive income 60,966 51,931 128,230 139,978 547,026
securities
Gain (or loss) on remeasurement of defined
(2,198,095) (505,787) (2,134,699) (689,473) (1,423,685)
benefit plan - net of deferred tax
Treasury stock (4,463,270) (4,349,007) (3,614,321) (2,202,178) (45,997)
Stock Option 121,808 313,404 54,769 16,356 19,255
Impact of transactions with non-controlling 1,758,580 1,758,580 1,758,580 1,758,580 1,758,580
Cadangan keuangan asuransi - neto (157.347) (5.050) (47.420) - -
Retained earnings 222,663,378 218,032,389 213,861,223 201,169,934 185,009,048
Appropriated 3,022,685 3,022,685 3,022,685 3,022,685 3,022,685
Unappropriated 219,640,693 215,009,704 210,838,538 198,147,249 181,986,363
Total Equity Attributable to Equity Holders
324,033,858 317,028,351 311,465,937 299,294,011 288,734,983
of the Parent Entity
Non-controlling Interest 6,907,576 6,286,665 5,392,958 4,101,306 3,051,821
TOTAL EQUITY 330,941,434 323,315,016 316,858,895 303,395,317 291,786,804
TOTAL LIABILITIES AND EQUITY 2,135,371,105 1,992,186,906 1,965,414,954 1,865,639,010 1,678,097,734
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
INCOME AND EXPENSES
FROM OPERATION
Total Interest and Sharia Income 207.783.368 199.266.252 181.214.528 151.874.816 143.523.329
Total Interest and Sharia Expenses (57.284.939) (56.607.595) (43.812.507) (27.277.743) (29.428.900)
Interest and Sharia Income - net 150,498,429 142,658,657 135,183,487 124,597,073 114,094,429
Premium income – net 1,298,183 1,166,810 2,161,392 1,577,323 1,043,075
Revenue from gold sold – net**) 2,398,966 703,197 319,644 299,151 -
Other Operating Income 53,681,192 53,948,329 45,625,785 39,127,694 41,215,807
Provision for allowance for impairment losses
(46,723,647) (41,744,402) (29,523,426) (27,384,906) (35,806,312)
on financial assets – net
Reversal of (provision for) allowance
for estimated losses on commitments 624,058 3,596,482 341,994 543,145 (3,321,266)
and contingencies - net
Provision for allowance for impairment
(82,414) (13,008) (497,848) (137,431) (163,243)
losses nonfinancial assets - net
Other operating expenses (88,446,886) (82,100,218) (76,782,291) (74,316,012) (75,918,108)
OPERATING INCOME 73,247,881 78,215,847 76,828,737 64,306,037 41,144,382
PT Bank Rakyat Indonesia (Persero) Tbk 27
Page 28
Performance Highlights
Description 2025 2024* 2023 2022 2021
NON OPERATING (EX-PENSE) INCOME – NET (455,062) (963,653) (399,025) 290,664 (152,317)
INCOME BEFORE TAX EXPENSE 72,792,819 77,252,194 76,429,712 64,596,701 40,992,065
TAX EXPENSE (15,660,454) (16,945,848) (16,004,664) (13,188,494) (7,835,608)
INCOME BEFORE NET PRO FORMA
INCOME ARISING FROM ACQUISITION
57,132,365 60,306,346 60,425,048 51,408,207 33,156,457
TRANSACTION WITH ENTITIES UNDER
COMMON CONTROL
PRO FORMA NET INCOME ARISING FROM
ACQUISITION TRANSACTION WITH - - - - (2,400,691)
ENTITIES UNDER COM-MON CONTROL
NET INCOME 57,132,365 60,306,346 60,425,048 51,408,207 30,755,766
Other comprehensive income:
Items not to be reclassified to profit or loss
Remeasurement of liabilities for employee
(2,105,170) 2,001,031 (1,787,840) 902,754 487,841
bene-fits
Income taxes related to items not to be
408,841 (376,095) 348,975 (176,671) (67,751)
reclassi-fied to profit or loss
Revaluation surplus arising from premises
543,712 9,670 (82,365) 3,297,304 (92,127)
and equipment
Items to be reclassified to profit or loss
Differences arising from the translation
431,691 49,112 (125,790) (11,979) (61,226)
of foreign currency financial statements
Unrealized gain (loss) on securities and
Govern-ment Recapitalization Bonds
4,826,637 (145,799) 1,782,067 (7,946,514) (3,143,546)
classified as fair value through other
comprehensive income****)
Allowance for impair-ment losses on
securities classified as fair value through 18,756 (86,410) (9,105) (413,197) (425,090)
ither compre-hensive income
Finance expenses from insurance
(361,281) 98,305 348,975 (176,671) (67,751)
contracts issued.
Income taxes related to items to be
(854,180) 14,658 502,669 1,509,279 478,796
reclassified to profit or loss
Other Comprehensive Income for the Year
2,909,006 1,564,472 628,611 (2,839,024) (2,823,103)
After Tax
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR BEFORE PRO FORMA
COMPREHENSIVE INCOME ARISING 60,041,371 61,870,818 61,053,659 48,569,183 30,333,354
FROM ACQUISITION TRANSACTION WITH
ENTITIES UNDER COMMON CONTROL
PRO FORMA COMPREHENSIVE
INCOME ARISING FROM ACQUISITION
- - - - (2,776,220)
TRANSACTION WITH ENTITIES UNDER
COMMON CONTROL
TOTAL COMPREHENSIVE INCOME
60,041,371 61,870,818 62,131,602 48,569,183 27,557,134
FOR THE YEAR
INCOME FOR THE YEAR ATTRIBUTABLE TO:
Equity holders of the parent entity 56,652,384 59,944,649 60,099,863 51,170,312 31,066,592
Non-controlling interest 479,981 361,697 325,185 237,895 (310,826)
TOTAL 57,132,365 60,306,346 60,425,048 51,408,207 30,755,766
28 PT Bank Rakyat Indonesia (Persero) Tbk
Page 29
Annual Report
2025
Description 2025 2024* 2023 2022 2021
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR ATTRIBUTABLE TO
Equity holders of the parent entity 59,265,589 61,620,303 60,708,390 48,333,349 27,855,902
Non-controlling interest 775,782 250,515 345,269 235,834 (298,768)
TOTAL 60,041,371 61,870,818 61,053,659 48,569,183 27,557,134
EARNINGS PER SHARE ATTRIBUTABLE TO
EQUITY HOLDERS OF THE PARENT ENTITY
(full Rupiah)
Basic 376 398 398 338 238
Dilusian 376 398 398 338 238
CONSOLIDATED STATEMENT OF CASH FLOWS
CASH FLOWS FROM OPERATING
ACTIVITIES
Income received
Interest and investment income 188,133,607 191,363,148 169,068,778 130,501,831 136,283,648
Sharia income 14,733,244 13,891,084 12,922,019 10,118,043 6,257,927
Premium income 6,383,438 8,760,610 8,996,516 8,936,995 6,989,783
Revenue from gold sold 61,566,593 18,192,082 7,982,888 8,715,106 -
Expense paid
Interest expense (56,224,677) (55,680,976) (42,461,798) (25,762,613) (28,533,680)
Sharia expense (1,252,495) (993,686) (1,161,971) (1,008,042) (1,293,103)
Claim expense (6,322,597) (5,547,858) (6,549,595) (7,359,672) (5,946,708)
Cost of revenue from gold sold (59,167,627) (17,488,885) (7,663,244) (7,875,955) -
Recovery of written-off assets 20,952,308 25,363,951 16,833,578 12,468,321 9,005,760
Other operating income 32,563,546 27,775,215 29,267,943 27,534,502 34,345,472
Other operating expense (80,928,270) (85,574,645) (75,776,851) (70,993,349) (73,658,162)
Other expense (555,267) (1,108,735) (568,000) (52,531) (203,971)
Payment of corporate income tax (10,543,662) (13,742,335) (14,279,292) (15,762,408) (11,164,431)
Cash flows before changes in operating
109,338,141 105,208,970 96,610,971 68,920,228 72,082,535
assets and liabilities
Changes in operating assets and liabilities
Decrease (increase) in operating assets:
Placement with Bank Indonesia
(544,175) 1,273,810 (505,646) (195,110) 945,891
and Other Financial Institutions
Securities measured at fair value through
(1,594,522) (976,011) (1,277,298) (2,114,619) 9,164,531
profit or loss
Export bills and other receivables (7,595,261) 13,473,275 (14,828,029) (9,403,150) (2,091,221)
Securities purchases under agreement
16,821,238 16,749,541 17,419,447 3,900,820 (8,096,930)
to resell
Loans (203,205,917) (127,686,861) (152,128,249) (106,917,972) (68,377,027)
Sharia Loans (10,658,658) (4,133,183) (3,335,688) (1,354,828) 39,905,977
Financing Receivables 2,027,451 1,479,857 (5,720,404) (9,996,487) (11,951,573)
Other assets (1,213,587) 1,562,240 (16,170,249) (2,941,947) 1,422,631
PT Bank Rakyat Indonesia (Persero) Tbk 29
Page 30
Performance Highlights
Description 2025 2024* 2023 2022 2021
Increase (decrease) in operating liabilities:
Liabilities due immediately 2,997,084 6,169,854 5,741,228 6,175,192 3,261,813
Deposits:
Demand deposits 73,649,330 28,429,968 (3,631,218) 129,165,393 35,741,846
Wadiah Demand Deposits - - - - (6,258,078)
Mudharabah Demand Deposits - - - - -
Saving Deposits 43,158,915 16,481,397 5,297,630 24,971,180 37,005,372
Wadiah Saving Deposits - - - - (9,247,604)
Mudharabah Saving Deposits - - - - -
Time Deposit (15,414,510) (37,790,022) 48,778,336 15,004,224 (5,923,271)
Mudharabah Saving Deposits - -
Deposit from other banks
2,921,954 2,721,163 2,623,772 (3,994,882) (10,456,563)
and other financial institutions
Derivative payable - - (208,079)
Securities sold under agreement
2,889,032 5,964,259 9,081,866 (19,410,916) (11,070,164)
to repurchase
Other liabilities 1,040,508 (4,645,149) 7,072,077 5,698,879 235,264
Increase (decrease) temporary syirkah fund - - - - (33,496,976)
Net cash provided by (used in) operating
14,617,023 24,283,108 (4,971,454) 97,506,005 32,588,374
activities
CASH FLOWS FROM INVESTING
ACTIVITIES
Proceeds from sales of premises
100,205 129,827 168,975 343,195 51,654
and equipment
Investment in shares - (4,912) 36,137 (145,649) (315,724)
Proceeds from dividend 166,422 137,035 75,572 144,069 4,349
Acquisition of premises and equipment (6,344,276) (10,334,588) (8,177,296) (10,538,233) (8,254,116)
(Increase) securities and Government
Recapitalisation Bonds classified as fair
(40,012,932) 9,884,449 2,907,520 37,424,578 (64,581,768)
value through other comprehensive income
and amortized cost
Net cash provided by/(used in) investing
(46,090,581) (188,189 ) (4,989,092) 27,227,960 (73,095,605)
activities
CASH FLOW FROM FINANCING ACTIVITIES
Proceed from/(payments of) fund borrowing 1,077,997 29,188,564 19,360,539 11,068,534 (4,229,199)
Treasury stock (51,881,643) (48,102,283) (43,494,766) (26,406,603) (12,125,589)
Distribution of income for dividend - - 494,142 - -
Proceeds of subordinated loans - - (500,000) - -
Payment of subordinated loans 28,395,963 10,905,923 14,112,994 21,739,525 12,547,672
Proceeds of marketable securities issued (19,724,136) (28,578,477) (28,141,850) (14,650,023) (14,608,236)
Payments of matured marketable securities
- - - 41,059,206
issued
Additional capital (488,373 ) (875,758) (1,382,284) (2,187,544) -
Net cash used in financing activities (42,620,192) (37,462,031) (39,551,225) (10,436,111) 22,643,854
30 PT Bank Rakyat Indonesia (Persero) Tbk
Page 31
Annual Report
2025
Description 2025 2024* 2023 2022 2021
DECREASE (INCREASE) IN CASH
(74,093,750) (13,367,112) (49,511,771) 114,297,854 (17,863,377)
AND CASH EQUIVALENT
EFFECT OF EXCHANGE RATE CHANGES
1,085 17,758 (2,663) (30,287) (2,190)
ON FOREIGN CURRENCIES
CASH AND CASH EQUIVALENTS
205,328,380 218,677,734 268,192,168 153,924,601 171,790,168
AT BEGINNING OF THE YEAR
CASH AND CASH EQUIVALENTS
131,235,715 205,328,380 218,677,734 268,192,168 153,924,601
AT THE END OF THE YEAR
Cash and cash equivalents at the end
of the period consist of:
Cash 32,044,482 29,783,642 31,603,784 27,407,478 26,299,973
Current accounts with Bank Indonesia 31,929,608 88,878,969 101,909,121 150,935,150 56,426,573
Current accounts with Other Banks 42,444,581 25,582,825 22,331,919 21,488,434 14,065,097
Placement with Bank Indonesia and other
financial institutions – maturing within three 19,240,525 56,601,825 62,678,940 68,361,106 57,132,958
months or less since the acquisition date
Certificates of Bank Indonesia and Deposits
Certifi-cates of Bank Indonesia – maturing
5,576,519 4,481,119 153,970 - -
within three months or less since the
acquisition date
Total Cash and Cash Equivalent 131,235,715 205,328,380 218,677,734 268,192,168 153,924,601
FINANCIAL RATIOS (BANKS ONLY)
Liquidity
LDR 91.96% 89.39% 84.73% 79.17% 83.67%
CASA 70.89% 67.54% 64.55% 66.92% 63.30%
Loan Quality
NPL Gross 3.29% 2.94% 3.12% 2.82% 3.08%
NPL Nett 0.96% 0.75% 0.76% 0.73% 0.70%
NPL Coverage 165.14% 199.43% 215.27% 291.54% 278.14%
Profitability
NIM 6.54% 6.75% 6.84% 6.80% 6.89%
ROA 3.26% 3.76% 3.93% 3.76% 2.72%
ROE B/S 16.84% 18.40% 18.25% 16.76% 14.09%
Profit (Loss) to Income Ratio 23.19% 25.42% 28.03% 29.50% 21.16%
Efficiency
BOPO 71.50% 67.64% 64.35% 64.20% 74.30%
CER 39.29% 38.21% 38.32% 41.33% 44.39%
Solvability
Liability to Total Assets Ratio 84.49% 83.73% 83.72% 83.23% 81.79%
Liabilities to Equity Ratio 544.93% 514.75% 514.34% 496.34% 449.11%
Earning Assets
Earning Assets and Non-Performing
Non-Earning to Total Earning Assets 2.15% 1.91% 1.95% 1.72% 1.77%
and Non-Earning Assets
PT Bank Rakyat Indonesia (Persero) Tbk 31
Page 32
Performance Highlights
Description 2025 2024* 2023 2022 2021
Non-Performing Earning Assets
2.15% 1.91% 1.95% 1.72% 1.77%
to Total Earning Assets
Allowance for Impairment Losses
4.08% 4.48% 5.24% 6.11% 6.16%
on Financial Assets to Earning Assets
Capital
Minimum Capital Adequacy Ratio 21.06% 24.41% 25.23% 23.30% 25.28%
Capital Adequacy Ratio Tier 1 19.93% 23.28% 24.06% 22.30% 24.27%
Compliance
Percentage of Legal Lending Limit Violation
- Related Parties Nil Nil Nil Nil Nil
- Non-related Parties Nil Nil Nil Nil Nil
Percentage of Lending in Excess
of Legal Lending Limit
- Related Parties Nil Nil Nil Nil Nil
- Non-related Parties Nil Nil Nil Nil Nil
The Minimum Statutory Reserve – Rupiah 5.03% 5.39% 8.05% 12.11% 4.47%
The Minimum Statutory Reserve – Foreign
4.16% 4.69% 4.22% 4.24% 4.13%
Currency
Net Open Position 2.51% 2.42% 0.62% 0.85% 0.81%
Other Ratio
Cost to Income Ratio 38.92% 37.87% 37.74% 41.95% 43.26%
*) After reclassification and restatement.
**) Including mudharabah and musyarakah deposits.
***) Gold sales originating from PT Pegadaian have been recognized since the full consolidation of Pegadaian’s profit or loss in 2022.
****) Finance expenses from insurance contracts issued are presented as a separate line item in the 2025 financial statements.
Operational Overview
The table of Operating Performance of Micro Segment (Bank only) (in billion rupiah)
Description 2025 2024 2023 2022 2021
BISNIS MIKRO
Third-party funds (in billions of rupiah) 387,172 382,926 373,474 367,657 356,268
Loans (in billion of rupiah) 470,722 491,220 496,554 449,627 396,959
AgenBRILink (in full amount) 1,193,835 1,064,219 740,818 627,012 503,151
Retail Segment Operating Performance Table (Bank only) (in billion rupiah)
Description 2025 2024 2023 2022 2021
Small and Medium Business Loans 295,106 267,145 260,348 237,834 225,013
Consumer Credit Business Loans 227,771 203,243 182,355 161,722 149,306
Third-party funds 547,320 509,274 488,122 469,090 429,701
32 PT Bank Rakyat Indonesia (Persero) Tbk
Page 33
Annual Report
2025
Corporate Segment Operating Performance Table (Bank only) (in billion rupiah)
Description 2025 2024 2023 2022 2021
Corporate Business Loans 352,024 254,240 206,825 180,620 172,425
Third-party funds 525,597 467,934 491,087 464,028 341,879
Subsidiary Segment Operating Performance Table (in billion rupiah)
Description 2025 2024 2023 2022 2021
PT Pegadaian
Assets 151,260.93 102,172.44 82,151.80 72,920.62 65,156.47
Income 30,445.16 21,142.05 24,438.65 14,991.62 14,361.71
Net Income 8,344.21 5,851.80 4,377.49 3,337.75 2,427.38
PT Permodalan Nasional Madani
Assets 56,986.25 55,348.06 51,106.91 46,744.76 43,797.91
Income 17,172.51 16,784.24 15,375.03 12,838.44 8,292.78
Net Income 1,016.58 1,496.19 1,686.04 945.42 845.13
PT Asuransi BRI Life
Assets 28,177.45 26,520.61 23,678.04 21,627.64 18,334.91
Income 7,595.42 9,882.49 8,940.41 8,971.24 7,282.29
Net Income 953.94 773.24 538.75 360.46 170.88
PT Bank Raya Indonesia Tbk (Raya)*
Assets 13,211.30 13,158.24 12,492.37 13,949.38 16,927.20
Income 1,359.08 1,596.43 1,307.16 1,642.67 1,774.06
Net Income (498.52) 50.27 24.71 10,08 (3,061.36)
PT BRI Asuransi Indonesia
Assets 8,158.07 7,721.02 6,465.61 4,891.25 3,838.16
Income 4,221.45 2,033.15 1,729.65 1,387.57 1,984.00
Net Income 689.60 702.96 479.37 373.10 289.95
PT BRI Multifinance Indonesia
Assets 5,419.42 7,689.46 9,057.07 7,321.87 5,246.04
Income 1,229.87 1,409.29 1,236.43 974.12 65,501.95
Net Income 90.96 103.36 102.85 83.36 41.50
PT BRI Ventura Investama
Assets 2,118.36 2,471.12 2,672.05 2,229.57 2,047.89
Income 87.87 87.77 43.69 148.81 255.74
Net Income (290.90) (89.44) 4.36 39.63 221.74
PT Bank Rakyat Indonesia (Persero) Tbk 33
Page 34
Performance Highlights
Description 2025 2024 2023 2022 2021
PT BRI Danareksa Sekuritas
Assets 1,279.09 1,089.79 1,059.17 1,648.17 1,143.64
Income 396.71 320.93 308.78 351.57 281.27
Net Income 20.93 9.12 70.52 72.97 92.87
PT BRI Manajemen Investasi (BRI MI)
Assets 375.57 313.10 288.82 276.52 279.91
Income 300.30 249.47 172.91 11.95 158.27
Net Income 33.22 29.49 18.16 6.27 40.37
BRI Global Financial Services Co. Ltd
Assets 62.54 42.14 24.23 17.98 13.09
Income 45.37 29.47 20.42 14.22 10.16
Net Income 15.74 8.42 4.24 2.75 1.89
* Previously named PT Bank Rakyat Indonesia Agroniaga Tbk
34 PT Bank Rakyat Indonesia (Persero) Tbk
Page 35
Annual Report
2025
Stock
Information
BRI telah mencatatkan sahamnya di Bursa Efek Indonesia sejak tahun 2003.
BRI Stock Information Table 2024-2025
Price per Stock (IDR) Number
Trading Market
of Stocks
Years The The Volume Capitalization
Opening Closing Outstanding
Highest Lowest (Stock) (IDR Trillion)
(IDR) (IDR) (Stock)
(IDR) (IDR)
2024
Quarter I 5,675 6,400 5,425 6,050 151,559,001,604 7,920,442,300 916.93
Quarter II 6,050 5,925 4,100 4,600 151,559,001,604 18,761,734,000 697.17
Quarter III 4,600 5,525 4,530 4,950 151,559,001,604 15,394,401,700 750.22
Quarter IV 4,950 5,075 4,060 4,080 151,559,001,604 15,441,502,300 618.36
2025
Quarter I 4,080 4,300 3,360 4,050 151,559,001,604 17,818,057,900 613.81
Quarter II 4,050 4,450 3,620 3,740 151,559,001,604 12,748,679,100 566.83
Quarter III 3,740 4,250 3,670 3,900 151,559,001,604 10,688,420,200 591.08
Quarter IV 3,900 4,050 3,500 3,660 151,559,001,604 14,606,731,100 554.71
BRI Stock Closing Price Chart for 2024-2025
7,000
6,000
6,050
Stock Closing Price (IDR)
4,950
5,000
4,500 4,050
3,900
4,000
4,080
3,740 3,660
3,000
2,000
1,000
0
2024 2025
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
PT Bank Rakyat Indonesia (Persero) Tbk 35
Page 36
Performance Highlights
BRI Stock Trading Volume Chart in 2024-2025
in millions
20,000
18,762
17,818
18,000
15,394 15,442 16,000
14,607
14,000
Stock Sheet (IDR)
12,749
12,000
10,688
10,000
7,920
8,000
6,000
4,000
2,000
0
2024 2025
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
Corporate Action Suspension and/or Delisting Actions
In 2025, BRI did not conduct any Corporate Actions related Until December 31, 2025, BRI has never been subject to
to activities that affect the number of outstanding stocks, suspension and/or delisting sanctions.
including stock splits, stock mergers, stock dividends, bonus
shares, changes in the nominal value of shares, issuance
of convertible securities, and additions and reductions to
capital.
36 PT Bank Rakyat Indonesia (Persero) Tbk
Page 37
Annual Report
2025
PT Bank Rakyat Indonesia (Persero) Tbk 37
Page 38
Performance Highlights
Information on Bonds, Sukuk,
and/or Convertible Bonds
Bond Information
Table of Outstanding Bond Information
Electronic
Bonds Total
No. Description distribution date Tenor Currency
(million)
of the Bonds
Sustainable Bonds II Bank BRI Phase I Year 2016
1. December 01, 2016 10 Years IDR IDR2,350,000
Series E
Sustainable Bonds II Bank BRI Phase II Year 2017
2. April 11, 2017 10 Years IDR IDR1,300,500
Series D
Sustainable Bonds II Bank BRI Phase IV Year 2018
3. February 21, 2018 7 Years IDR IDR605,000
Series B
Sustainable Environmental Bonds I Bank BRI Phase I
4. July 20, 2022 5 Years IDR IDR500,000
Year 2022 Series C
5. Bank BRI Subordinated Bond IV Year 2023 July 06, 2023 5 Years IDR IDR500,000
Sustainable Environmental Bonds I Bank BRI Phase II
6. October 17, 2023 2 Years IDR IDR4,154,350
Year 2023 Series B
Sustainable Environmental Bonds I Bank BRI Phase II
7. October 17, 2023 3 Years IDR IDR500,000
Year 2023 Series C
Sustainable Environmental Bonds I Bank BRI Phase II
8. March 20, 2024 1 Years IDR IDR1,237,665
Year 2024 Series A
Sustainable Environmental Bonds I Bank BRI Phase II
9. March 20, 2024 2 Years IDR IDR879,430
Year 2024 Series B
Sustainable Environmental Bonds I Bank BRI Phase III
10. March 20, 2024 3 Years IDR IDR382,905
Year 2024 Series C
Sustainable Environmental Bonds I Bank BRI Phase I
11. June 26, 2025 2 Years IDR IDR1,563,090
Year 2025 Series A
Sustainable Environmental Bonds I Bank BRI Phase I
12. June 26, 2025 3 Years IDR IDR2,110,745
Year 2025 Series B
Sustainable Environmental Bonds I Bank BRI Phase I
13. June 26, 2025 5 Years IDR IDR1,326,165
Year 2025 Series C
Sustainable Bonds I PT Bank Rakyat Indonesia
14. December 4, 2025 1 Month IDR IDR45,900
(Persero) Tbk Year 2025 Phase I Series A
Sustainable Bonds I PT Bank Rakyat Indonesia
15. December 4, 2025 3 Month IDR IDR30,300
(Persero) Tbk Year 2025 Phase I Series B
Sustainable Bonds I PT Bank Rakyat Indonesia
16. December 4, 2025 6 Month IDR IDR20,000
(Persero) Tbk Year 2025 Phase I Series C
Sustainable Bonds I PT Bank Rakyat Indonesia
17. December 4, 2025 12 Month IDR IDR403,800
(Persero) Tbk Year 2025 Phase I Series D
Sukuk Information
As of 31 December 2025, BRI had not issued any sukuk.
38 PT Bank Rakyat Indonesia (Persero) Tbk
Page 39
Annual Report
2025
Rating
Rate of Status of
Offer Price Due Date Trustee
Interest Payment
2025 2024
100% of the principal Bank Negara
December 01, 2026 8.90% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Indonesia
100% of the principal Bank Negara
April 11, 2027 8.80% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Indonesia
100% of the principal Bank Negara
February 21, 2025 6.90% Paid off AAA by Pefindo AAA by Pefindo
amount of the bond id id Indonesia
100% of the principal Bank Negara
July 20, 2027 6.45% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Indonesia
100% of the principal Bank Tabungan
July 06, 2028 6.45% Not Paid Off AA by Pefindo AA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
October 17, 2025 6.35% Paid off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
October 17, 2026 6.30% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
March 30, 2025 6.15% Paid off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
March 20, 2026 6.25% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
March 20, 2027 6.25% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
June 26, 2027 6.45% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
June 26, 2028 6.55% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
June 26, 2030 6.60% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
January 03, 2026 4.50% Paid off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
March 04, 2026 4.60% Not Paid Off A1+ by Pefindo A1+ by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
June 02, 2026 4.85% Not Paid Off A1+ by Pefindo A1+ by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
November 29, 2026 4.95% Not Paid Off A1+ by Pefindo A1+ by Pefindo
amount of the bond id id Negara
Convertible Bonds
As of December 31, 2025, BRI had not issued any convertible bonds.
PT Bank Rakyat Indonesia (Persero) Tbk 39
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Performance Highlights
Other Funding
Sources
The information table of Medium Term Notes (MTN) that are still in circulating
MTN Electronic MTN total
No. Description distribution date
Tenor Currency
(Million)
1. MTN Bank BRI 2022 Series B November 24,2022 3 years IDR IDR3,000,000
The table of Information on Circulating Long Term Notes (LTN)
LTN Electronic LTN total
No. Description distribution date
Tenor Currency
(Million)
Long Term Notes was Issued Without a Public
1. Offering PT Bank Rakyat Indonesia (Persero) Tbk I December 27, 2022 162 months IDR IDR52,332
2022
Long Term Notes was Issued Without a Public
2. Offering PT Bank Rakyat Indonesia (Persero) Tbk III October 25, 2023 159 months IDR IDR59,485
2023
Long Term Notes was Issued Without a Public
3. Offering PT Bank Rakyat Indonesia (Persero) Tbk II March 26, 2024 155 months IDR IDR55,920
2023
Long Term Notes yang Dilakukan Tanpa Melalui
4. Penawaran Umum PT Bank Rakyat Indonesia March 26, 2024 155 months IDR IDR55,920
(Persero) Tbk II Tahun 2024
Long Term Notes was Issued Without a Public
2. Offering PT Bank Rakyat Indonesia (Persero) Tbk II January 16, 2025 156 months IDR IDR81,271
2025
The Company Rating
in 2025
Rating of Agency Rating Rating of Agency Rating
STANDARD & POOR’S (S&P) FITCH RATINGS
Issuer Credit Rating BBB/Stable/A-2 Long Term Rating BBB
Stand-Alone Credit Profile (SACP) bbb- Short Term Rating F2
Outlook Stable Viability Rating bbb-
Government Support Rating bbb
National Long-Term Rating AAA
National Short-Term Rating F1+
Sovereign Risk BBB
Outlook Stable
40 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Offer Price Due Date Rate of Interest Status of Payment
100% of the total principal amount of MTN November 24, 2025 6.98% Paid Off
Offer Price Due Date Rate of Interest Status of Payment
100% of the total principal amount of LTN June 27, 2036 0.55% Not Paid Off
100% of the total principal amount of LTN January 25, 2037 0.55% Not Paid Off
100% of the total principal amount of LTN February 26, 2037 0.55% Not Paid Off
100% of the total principal amount of LTN February 26, 2037 0.55% Not Paid Off
100% of the total principal amount of LTN January 16, 2038 0.55% Not Paid Off
Rating of Agency Rating Rating of Agency Rating
MOODY’S PT PEMERINGKAT EFEK INDONESIA (PEFINDO)
Counterparty Risk Rating Baa1/P-2 Final Rating (National Rating) id
AAA, Stable Outlook
Bank Deposits Baa2/P-2 Stand Alone Rating AA+(sa)
id
Baseline Credit Assessment Baa2
Adjusted Baseline Credit Assessment Baa2
Counterparty Risk Assessment Baa1(cr)/P-2 (cr)
Outlook Stable
PT Bank Rakyat Indonesia (Persero) Tbk 41
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Performance Highlights
The Important
Events
January 30, 2025 February 12, 2025
BRI UMKM EXPO(RT) 2025 BRI Announced 2024 Financial Performance,
and BRI Microfinance Outlook 2025 Records Net Profit of IDR60.64 Trillion
BRI organized BRI UMKM EXPO(RT) 2025 in conjunction with BRI recorded a consolidated net profit of IDR60.64 trillion
the BRI Microfinance Outlook 2025 as a manifestation of its throughout 2024, with total assets amounting to IDR1,992.98
commitment to expanding market access and enhancing the trillion and total loan disbursements reaching IDR1,354.64
competitiveness of Indonesian MSMEs. The event also served trillion as of the end of December 2024. Of the total loans
as a platform for collaboration and strategic dialogue aimed at disbursed, IDR1,110.37 trillion, or 81.97%, was allocated to the
fostering inclusive and sustainable economic growth MSME segment.
February 12, 2025 February 26, 2025
BRI Entered the List of 500 Best Companies in Asia-Pacific Inauguration of Pegadaian Bullion Services
BRI received recognition as one of the Asia-Pacific’s Best by the President of the Republic of Indonesia
Companies of 2025 (TIME–Statista) based on assessments The President of Republic of Indonesia, Prabowo Subianto,
of employee satisfaction, financial performance, and ESG inaugurated Pegadaian’s Gold Bank services to strengthen
reporting transparency, reaffirming BRI’s consistency bullion services encompassing gold savings, gold financing
in maintaining business resilience and upholding global or lending, gold custody, and gold trading. The inauguration
sustainability standards. also marked a significant milestone for Pegadaian as part of
the BRI Group in expanding its gold-based financial services
ecosystem to support the national economy.
42 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
February 26, 2025 March 8, 2025
BRI Launched Its Second Private Signature Outlet in Surabaya BRI Group Distributed 100,000 Ramadan 2025
BRI introduced its second BRI Private Signature Outlet in Basic Necessities Packages
Surabaya to expand wealth management services for the BRI Group distributed more than 100,000 basic food packages
high net worth individual (HNWI) segment through more through the “Sharing Happiness with BRI Group” program
personalized and integrated private banking services, during Ramadan 2025 across various regions in Indonesia.
encompassing comprehensive financial planning and The assistance was provided to orphanages, nursing homes,
investment management solutions. and the general public, along with charitable donations to
thousands of orphans
March 13, 2025 March 18, 2025
BRI Won Five Awards at the BRI Asia Trailblazer Awards 2025 Brand Finance Global 500 2025:
BRI secured five awards at the BRI Asia Trailblazer Awards BRI Ranks No. 1 in Indonesia and 323rd Globally
2025, namely Best Retail Bank Indonesia, SME Bank of the In the Brand Finance Global 500 2025 report, BRI was ranked
Year, Best CSR Initiative, Excellence in Employee Engagement, the No. 1 brand in Indonesia and placed 323rd globally,
and Best Current Account Offering, reaffirming international marking a significant rise from 446th position in 2024. This
recognition of BRI’s performance and service innovation. achievement reflects the strengthening of BRI’s brand value
and further reinforces public trust in the Company’s products
and services.
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Performance Highlights March 17, 2025 March 24, 2025 BRILiaN Fest Ramadan 1446 H 2025 AGMS: BRI Approved IDR51.73 Trillion BRILiaN Fest Ramadan 1446 H was organized as a form of Dividend Distribution appreciation for BRILiaN employees and customers, featuring RI held its 2025 Annual General Meeting of Shareholders dozens of tenants offering Ramadan and Eid necessities. (AGMS), which approved a cash dividend distribution The event was complemented by a subsidized basic food amounting to IDR51.73 trillion, as well as a share buyback plan program, auction activities, donations for orphans, as well of up to IDR3 trillion. The meeting also resolved changes to as promotional transaction programs through BRImo and BRI the composition of the Board of Management, including the Debit and Credit Cards. appointment of Hery Gunardi as President Director of BRI. March 27, 2025 March 28, 2025 BRI Group Sent Off 8,482 Homebound Travelers BRI Won Award at the Euromoney Private Banking Free of Charge Awards 2025 Through the “Mudik Bersama BUMN 2025” program themed At the Euromoney Private Banking Awards 2025, BRI received “Safe Journey Home”, BRI Group facilitated the departure of the award for Indonesia’s Best Bank for Discretionary Portfolio 8,482 homebound travelers free of charge from five departure Management.This recognition reflects BRI’s consistent points, supported by 170 buses heading to various cities commitment to strengthening its customer-centric wealth across Java and Sumatra. This initiative reflects BRI Group’s management services through adaptive investment strategies contribution to supporting the smooth flow of Eid homecoming and measurable wealth management solutions for the high net travel during the Lebaran period. worth individual segment. 44 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
April 23, 2025 June 12, 2025
Launching BRIvolution Reignite Forbes Global 2000 2025: BRI Ranks Highest in Indonesia
BRI launched the BRIVolution Reignite transformation, designed to and 349th Globally
strengthen the Company’s competitiveness on a sustainable basis. The In the Forbes Global 2000 2025 ranking, BRI was placed
transformation is built on two main pillars, namely Transform the Funding
349th worldwide and emerged as the highest-ranked
Franchise and Revamp Existing Core and Build New Core, supported by
Indonesian public company. This achievement reaffirms BRI’s
six key foundations comprising Human Capital, Risk Management, IT &
strong position on the global stage, reflecting its consistent
Digital, Distribution, Operational Excellence, and Rebranding. Through
this transformation, BRI aims to strengthen its low-cost funding structure, performance and service transformation efforts to address the
enhance transaction banking capabilities, reinforce the Company’s core increasingly diverse needs of customers.
business, and create new sources of growth across various business
segments in order to expand the transaction base and increase the
contribution of fee-based income.
June 13, 2025 June 17, 2025
BRI Fellowship Journalism 2025 Awarded RI Won Awards at the FinanceAsia Awards
Postgraduate Scholarships to 45 Journalists and Asia’s Best Companies 2025
The BRI Fellowship Journalism 2025 program confirmed During the FinanceAsia Awards and Asia’s Best Companies
45 journalists as recipients of postgraduate scholarships, 2025 event in Hong Kong, BRI secured a total of 15 awards,
complemented by preparatory sessions and mentorship underscoring the strengthening of its funding services
from senior journalists to strengthen the capacity of media capabilities and governance practices across various
professionals while fostering sustainable collaboration. segments, while further enhancing the Company’s regional
competitiveness.
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Performance Highlights
June 20, 2025 June 26, 2025
Fortune Southeast Asia 500 2025: BRI Issues IDR 5 Trillion Social Bond
BRI Ranks 14th and the Highest in Indonesia To strengthen its ESG-oriented funding structure and diversify
In the Fortune Southeast Asia 500 2025 ranking, BRI was its wholesale funding sources, BRI issued an IDR 5 trillion
placed 14th among the 500 largest companies in Southeast Social Bond (Sustainable Social Bond I Phase I Year 2025).
Asia and emerged as the highest-ranked financial institution This initiative positioned BRI as the first bank in Indonesia to
in Indonesia. issue a Social Bond, with proceeds allocated for refinancing
eligible social projects and socio-economic empowerment
programs, including support for MSMEs.
July 14, 2025 August 3, 2025
Corporate Culture Transformation: BRI Launches Brilian Way Launching of the 2025/2026 BRI Super League
To further strengthen its corporate transformation and The 2025/2026 BRI Super League was officially launched
support its aspiration to become one of the most profitable as Indonesia’s top-tier football competition. BRI’s continued
banks in Southeast Asia, BRI introduced the Brilian Way as a support for the league reaffirms its commitment to enhancing
shared cultural framework. This framework is founded upon the quality of the competition, expanding the exposure of the
the core values of Integrity, Collaborative, Accountability, Company’s products and services, and stimulating regional
Growth Mindset, and Customer Focus, aimed at reinforcing a economic activity.
performance-oriented work culture across the organization.
46 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
August 8, 2025 August 17, 2025
Strengthening Services for Indonesian Migrant Workers Celebrating the 80th Anniversary, BRI Organized
and the Diaspora, BRI Inaugurated Taipei Branch Public Entertainment Stage at Monas
As part of strengthening its international service network in In collaboration with Danantara Indonesia, BRI presented a
East Asia, BRI officially inaugurated its Taipei Branch. The public entertainment stage at Monas as a space for community
branch enhances banking service access for Indonesian celebration and togetherness. The initiative was further
migrant workers (PMI) and the Indonesian diaspora in supported by the provision of stages at several points along
Taiwan, including remittance services, deposit products, and the carnival route, enhancing public engagement throughout
cross-border transactions, while also supporting economic the event.
connectivity between Indonesia and Taiwan.
September 4, 2025 September 9, 2025
BRI Board of Directors Engaged Customers BRI Supported the Establishment of a Garment Vocational
on National Customer Day 2025 Training Center in Nusakambangan
BRI President Director Hery Gunardi personally greeted Through synergy with the Ministry of Immigration and
customers at the BRI Branch Office Kelapa Gading in Correction, BRI supported the establishment of a garment
commemoration of National Customer Day 2025, reaffirming vocational training center in Nusakambangan to strengthen
BRI’s commitment to continuously delivering the best services rehabilitation programs and enhance the skills of inmates,
to its customers. In addition, members of BRI’s Board of enabling them to be better prepared for reintegration into
Directors simultaneously conducted visits and engaged with society.
customers across various work units in multiple regions.
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Performance Highlights
September 25, 2025 October 3, 2025
BRI Inaugurated Regional Treasury Team Medan Consumer BRI Expo 2025 Surabaya Expanded Access
BRI President Director Hery Gunardi inaugurated the Regional to Consumer Financing
Treasury Team Medan to deliver treasury services that are BRI once again held the Consumer BRI Expo 2025 in Surabaya
closer, faster, and more responsive to customers in Sumatra. as part of its efforts to expand its consumer business by
This initiative also strengthened support for foreign exchange providing easier access to financing for the public. Carrying
transactions, hedging solutions, and international trade the theme “Better Life, Starts Here,” the event featured a wide
services through an integrated approach. range of residential properties and vehicles, complemented
by various promotional programs and seamless transaction
facilities through BRI’s digital channels.
October 21, 2025 October 24, 2025
BRI Supported Mass Signing of KUR for 800,000 Debtors BRI Won Three Awards at the 2025 ASRA in Singapore
and Launch of KPP in Surabaya At the Asia Sustainability Reporting Awards (ASRA) 2025 held
The mass signing of KUR financing for 800,000 debtors and in Singapore, BRI received three awards: two Platinum awards
the launch of the Housing Program Credit (KPP) were held for Asia’s Best Sustainability Report (Public Sector) and Asia’s
in Surabaya with BRI’s support, in line with the Company’s Best Sustainability Report (CEO Letter), as well as one Gold
commitment to expanding access to financing to drive the award for Asia’s Best Materiality Reporting.
people’s economy.
48 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
October 28, 2025 November 21, 2025
BRI Reintroduced Young BRILiaN Entrepreneurs 2025 BRI Sahabat Disabilitas Program Held in Makassar
The Young BRILiaN Entrepreneurs 2025 program was Through its BRI Peduli initiative, BRI organized the BRI
relaunched as part of BRI’s business acceleration initiatives Sahabat Disabilitas Program in Makassar, providing training
to strengthen business capacity, innovation, and digitalization and internship opportunities for persons with disabilities.
among young entrepreneurs, enabling MSMEs to move up the The program equipped participants with administrative and
value chain. The program covered eight regions and attracted entrepreneurial skills, along with hands-on work experience in
more than 2,700 applicants, followed by incubation and collaboration with industry partners.
selection processes to identify the best MSMEs across five
categories.
November 28, 2025 December 3, 2025
BRI and SOGO Collaboration Strengthens MSME Penetration BRI Named Bank of the Year 2025 by The Banker
in Modern Retail BRI was awarded the Bank of the Year 2025 in Indonesia by
BRI collaborated with SOGO to introduce products from its The Banker (Financial Times Group) in recognition of its financial
assisted MSMEs into modern retail channels, expanding their strength, business strategy, technological advancements, and
reach into urban markets while reinforcing BRI’s support to commitment to customers and communities, while further
enable MSMEs to move up the value chain strengthening global recognition of the BRIVolution Reignite
transformation initiative.
PT Bank Rakyat Indonesia (Persero) Tbk 49
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Performance Highlights December 16, 2025 December 16, 2025 BRI’s 130th Anniversary Celebrated Simultaneously Official Launch of BRI Corporate Rebranding Across Indonesia BRI officially launched a comprehensive corporate rebranding BRI commemorated its 130th anniversary with a spirit of initiative as part of the BRIVolution Reignite transformation, dedication and togetherness. The celebration at the Head aimed at strengthening its positioning as “One Bank for All.” Office in Jakarta was attended by the Board of Commissioners, The initiative included the renewal of visual identity and the the Board of Directors, SEVPs, and BRILiaN personnel, and was restructuring of brand architecture across the BRI Group held simultaneously across all Regional Offices throughout ecosystem to ensure greater consistency, structure, and brand Indonesia. recognition. December 17, 2025 December 21, 2025 BRI 2025 EGMS Approved Amendments to the Articles “United Steps for Sumatra” of Association Initiative: BRI Disbursed Rp50 Billion in Aid BRI convened an Extraordinary General Meeting of BRI Group launched the “United Steps for Sumatra” initiative Shareholders (EGMS), which approved amendments to the as a humanitarian response to support communities affected Company’s Articles of Association, the delegation of authority by disasters across various regions in Sumatra, committing to the Board of Commissioners to approve the 2026 Corporate assistance of up to Rp50 billion focused on post-disaster Work Plan and Budget (RKAP) including its revisions, as well as infrastructure recovery. changes to the composition of the Company’s management. 50 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
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52 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Report of
The Board
of Directors
and Board of
Commissioners
In April 2025, BRI launched the BRIVolution
Reignite transformation, designed to
strengthen the Company’s competitiveness
on a sustainable basis. This transformation
is built upon two main pillars: Transform the
Funding Franchise and Revamp Existing Core,
Build New Core.
PT Bank Rakyat Indonesia (Persero) Tbk 53
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Report of The Board of Directors
and Board of Commissioners
Board of
Directors’
Report
Hery Gunardi
President Director
54 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
BRI’s consolidated total assets grew by 7.2% to IDR2,135 trillion. This growth was
supported by higher loan and financing disbursements, which reached IDR1,521
trillion, or 12.3% year-on-year (YoY) growth, in line with the implementation of the
BRIvolution Reignite transformation aimed at strengthening the Company’s business
fundamentals, along with the reinforcement of corporate culture through the
internalization of the BRILiaN Way values.
Dear Shareholders and Stakeholders,
Praise be to God Almighty for His blessings and grace. Amid the strengthen productive sectors across various regions. Asset
evolving dynamics of the global economy and the challenges and loan growth were supported by a stronger funding
facing the banking industry, BRI has maintained healthy, structure. Third Party Funds (DPK) grew 7.4% YoY to IDR 1,467
sustainable performance. The Company’s consistency in trillion, with the CASA ratio increasing to 70.61% from 67.30%
innovating and responding strategically to change has become in the previous year.
an important foundation for strengthening its competitiveness.
The positive financial performance was supported by prudent
In response to these dynamics, in April 2025 BRI introduced business management and continuous strengthening of risk
the BRIvolution Reignite transformation, designed to management. In 2025, BRI recorded profitability levels with a
strengthen the Company’s competitiveness on a sustainable Return on Assets of 2.7% and a Return on Equity of 17.4%, as
basis. The transformation is anchored on two main pillars, well as a net profit of IDR57.132 trillion. These achievements
namely Transform the Funding Franchise and Revamp reflect the Company’s solid and sustainable performance.
Existing Core and Build New Core, supported by six strategic
In 2025, BRI also contributed IDR56 trillion to the Government,
foundations: Human Capital, Risk Management, IT & Digital,
which included IDR28 trillion in the form of dividends and
Distribution, Operational Excellence, and Rebranding.
other non-tax state revenues (PNBP), as well as IDR28 trillion
in tax contributions.
Through this transformation, BRI strengthens its funding
structure based on low-cost funds, enhances transaction
On this occasion, allow us to present the Company’s
banking capabilities, reinforces the Company’s core business,
management report for the 2025 financial year. In this report,
and creates new sources of growth across various business
we present BRI’s performance throughout 2025, business
segments in order to expand the transaction base and increase
prospects, and the implementation of good corporate
the contribution of fee-based income.
governance.
BRI also strengthened its cultural transformation through the
internalization of the BRILiaN Way values, namely Integrity, About the Company
Collaborative, Accountability, Growth Mindset, and Customer
Focus. At the same time, the Company reinforced its Rooted in its mandate and national mission to serve the
positioning through rebranding under the spirit of “One Bank community and drive the national economy, PT Bank Rakyat
for All”, reflecting BRI’s commitment to becoming a bank that Indonesia (Persero) Tbk. continues to demonstrate its
is increasingly inclusive, modern, and relevant for all segments consistency in providing inclusive and relevant financial
of society. services for all segments of society. This commitment is
realized through the provision of a comprehensive range of
In line with the ongoing transformation agenda, in 2025, BRI financial products and services for various customer segments,
successfully recorded solid performance with consolidated supported by an increasingly strong digital ecosystem.
assets reaching IDR 2,135 trillion or growing 7.2% YoY. On
the intermediation side, BRI’s loans grew 12.3% YoY to IDR In carrying out its business activities, the Company offers
1,521 trillion, with a focus on lending to the MSME segment, various banking products and services, including savings
which is the backbone of the national economy, in line with products such as BRI BritAma Savings, BRI Simpedes Savings,
BRI’s people-centric DNA. Through financing for micro, BRI Business Savings, BRI Savings Plan, BRI Junio, BRI Giro, and
small, and medium-sized enterprises, the BRI also supports BRI Deposits, as well as card and electronic money products
the government’s efforts to expand financial inclusion and consisting of BRI Debit, BRI Credit Card, and BRIZZI by BRI.
PT Bank Rakyat Indonesia (Persero) Tbk 55
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Report of The Board of Directors
and Board of Commissioners
In addition, on the financing side, the Company provides
Analysis of the Company’s
various loan products, including BRI KUR, BRI KPR, BRI KKB,
Performance
BRI Multipurpose Loan, BRI Investment Loan, and BRI Working
Capital Loan. The Company also offers various investment
Economic Conditions Directly Affecting
and insurance services, including BRI Investment, BRI
the Company’s Performance
Bancassurance, BRI Custodian, BRI Trustee, and BRI Trustee
services, as well as transaction and business services, including
Throughout 2025, global conditions were dominated by
BRI Trade Finance, BRI Remittance, BRI Money Changer, BRI
persistent volatility, driven by trade dynamics, geopolitical
EDC, and the BRILink Agent network.
tensions, and various policy shocks. These factors caused
markets to repeatedly shift between risk-off phases and
Meanwhile, in digital banking services, the Company provides
relief rally periods, reflecting high uncertainty and sensitivity
the mobile banking (superapps) application BRImo to facilitate
to external developments. Inflation continued to moderate
customers in conducting various banking transactions, as
compared with the peak period of 2022–2023. In the energy
well as Qlola by BRI as an integrated transaction platform
market, oil prices throughout 2025 generally showed a
that provides cash management, trade finance, and foreign
downward trend, in line with relatively abundant global
exchange services. The Company also provides other digital
supply conditions. Nevertheless, geopolitical developments,
services such as BRI eBuzz, as well as wealth management
particularly the escalation of conflict in the Middle East,
services through BRI Prioritas and BRI Private.
temporarily triggered spikes in oil prices and increased the
global risk premium, raising concerns over imported inflation
To further strengthen its service coverage, BRI is also supported
while maintaining volatility in international financial markets.
by an extensive network in collaboration with business partners
across various regions. Domestically, BRI operates 1 Head
In the United States, economic growth began to slow in line
Office, 18 Regional Offices, 18 Regional Audit Offices, 454
with the lagging effects of prolonged high-interest-rate
Branch Offices, and 6,885 Sub-Branch Offices (comprising 555
policies. Although the Federal Reserve began cutting interest
KCP, 490 Cash Offices, 5,082 BRI Units, and 758 Teras BRI), as
rates in 2025, the move was not aggressive as core inflation
well as 6 Teras BRI Keliling and 4 Teras BRI Kapal, all of which
remained relatively high. US Treasury yields remained at
are distributed across Indonesia. Meanwhile, BRI’s international
relatively elevated levels, resulting in tighter global liquidity
network consists of 6 Overseas Branch Offices and 3 Overseas
throughout 2025 and making capital flows to emerging markets
Sub-Branch Offices, located in New York, Cayman Islands,
more selective.
Singapore, Taipei, Timor-Leste, and Hong Kong.
In this context, Indonesia demonstrated relatively strong
As part of its commitment to serving customers and expanding
resilience. Economic growth in 2025 was around 5%, supported
financial inclusion, BRI also integrates the presence of its
by domestic demand and the acceleration of investment in the
operational network with branchless banking through BRILink
second half of 2025. The growth structure began to show a
Agents spread across Indonesia, supported by competent
shift, where the contribution of investment (GFCF) increased,
financial advisors with digital capabilities. The combination of
particularly in downstreaming sectors, infrastructure, energy, as
these three elements delivers banking services that are more
well as export-oriented manufacturing and import substitution.
effective, efficient, and integrated, in line with the development
of literacy and the digital service needs of the Indonesian
Household consumption remained the main pillar of the
people.
economy, but with increasingly segmented dynamics.
Throughout 2025, consumption among the upper-middle class
From an organizational perspective, BRI is led by the President
group was more resilient, while the lower-middle and micro
Director and Vice President Director, supported by 11 Directors
segments faced purchasing power pressures due to rising
and 5 Senior Executive Vice Presidents (SEVPs) in carrying out
living costs and income adjustments. This was reflected in
the Company’s activities as a banking service provider through
faster fund turnover in the lower-middle and micro segments,
its extensive operational network. In conducting its operational
but with relatively more moderate average balances.
activities, BRI has 84,949 employees, with the following
educational background composition: 16 employees with
From the inflation perspective, price pressures remained
Doctoral degrees, 2,255 employees with Master’s degrees,
relatively controlled and within Bank Indonesia’s target range.
72,416 employees with Bachelor’s degrees, 9,465 employees
The stability of food prices and coordination between monetary
with Diploma degrees, and 797 employees with Senior High
and fiscal policies helped maintain inflation expectations.
School (SLTA) or equivalent education.
However, global energy price volatility remained a risk factor
that required vigilance, particularly regarding its impact on
subsidies and administered prices.
56 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
The Rupiah exchange rate throughout 2025 moved The MSME segment, particularly micro and ultra-micro
fluctuatively, following the dynamics of the US dollar and enterprises, remains BRI’s primary target market. Through
global sentiment. The strengthening of the dollar due to various financing products, transaction services, and
still-high US yields, as well as episodes of risk-off, at times empowerment programs, such as developing MSME
pressured the Rupiah. However, strong domestic fundamentals ecosystems and expanding access to financing, BRI is
and measured interventions by Bank Indonesia helped keep committed to continuously enhancing public business
volatility under control. In general, the Rupiah moved relatively capacity and expanding financial inclusion.
stable, albeit within a wider range compared with the period
prior to global monetary tightening. To drive new sources of growth, BRI is accelerating its
Consumer business through payroll-based and ecosystem-
From the fiscal perspective, the Government continued to based financing, while also strengthening its gold pawn
maintain the deficit within the stipulated limit, although fiscal business through the optimization of BRI’s network. These
space became increasingly limited. Social spending and efforts are supported by the digitalization of business
priority programs continued to be implemented, while financing processes to enhance efficiency and accelerate service
needs increased in line with the optimization of expenditures. level agreements (SLA), enabling the financing application-
Fiscal discipline throughout 2025 became an important factor to-disbursement process to become faster, simpler, and
in maintaining investor confidence in government bonds and more integrated.
the stability of the domestic financial market.
In addition, BRI also strengthens its business in the Small
Indonesia’s bond market throughout 2025 reflected a and Medium Enterprise (SME) segment, which plays an
balance between solid domestic factors and volatile external important role in supporting national economic growth,
pressures. Yields moved dynamically following the direction particularly in the trade, manufacturing, and services
of US Treasury yields and foreign capital flows, but generally sectors. This segment is part of BRI’s strategy to encourage
remained within a manageable range. Inflation stability and MSME players to scale up their businesses to become more
policy coordination served as the main supports for market productive and competitive.
sentiment.
In the Commercial and Corporate segments, BRI adopts
Overall, 2025 can be characterized as a year of consolidation a more selective approach, focusing on companies
amid a challenging global environment. Indonesia was able connected to MSME value chains, the national trade
to maintain economic growth of around 5%, with controlled ecosystem, and priority sectors that support economic
inflation and preserved financial system stability. Entering development. This approach enables BRI to build an
2026, this momentum provides a relatively strong foundation, integrated business ecosystem spanning microenterprises
although external risks and limited policy space remain factors to large corporations.
that need to be carefully anticipated.
In line with its ongoing digital transformation, BRI also
Target Market expanded its market reach through the strengthening of
digital services and platform-based financial ecosystems,
BRI consistently positions itself as a bank that focuses on including the development of the BRImo super app, Qlola
empowering the Micro, Small, and Medium Enterprises by BRI, as well as various other digital solutions. This step
(MSMEs) segment as the backbone of the national economy. aims to improve service quality, expand financial access,
With an extensive service network reaching remote areas and provide a banking experience that is easier, faster, and
and supported by ongoing digital transformation, BRI more secure for all segments of society.
continues to strengthen its role as a financial integrator that
promotes financial inclusion and drives people-centered Through this strategy, BRI is committed to continuously
economic growth in Indonesia. strengthening its role as a bank serving all segments
of society while remaining a champion of MSME
BRI has also begun strengthening its positioning as “One empowerment, thereby contributing sustainably to inclusive
Bank For All”, referring to a bank capable of serving the national economic growth.
comprehensive financial needs of customers across various
segments. Through this approach, BRI not only focuses on
the Micro segment as its core business, but also promotes
the Consumer business as a new source of growth, while
developing integrated services for Retail, Small and Medium
Enterprises, and selectively for the Corporate segment.
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Strategic Policy Strategies Implemented stage. These initiatives are undertaken to ensure higher-
by the Company quality financing growth while strengthening the long-
term resilience of the Company’s portfolio. In addition, the
In order to maintain healthy and sustainable growth amid Company also implemented the Field Collection function
increasingly complex dynamics in the banking industry, in as a new approach in managing non-performing loans
2025 the Company implemented a strategic transformation in the field, aimed at improving the effectiveness of the
agenda through BRIvolution Reignite. This transformation credit recovery process and strengthening asset quality
is aimed at strengthening the Company’s long-term management in a more focused and structured manner.
competitiveness by reinforcing a transaction-based funding
structure, enhancing the quality of its core business, and In line with the strengthening of its core business, the
developing sustainable new sources of growth. Company also develops new sources of growth by
strengthening various business segments with long-term
The transformation is carried out through the strengthening growth potential. In the consumer segment, the Company
of the Company’s funding franchise in order to build a drives financing growth through the strengthening of the
stronger transaction-based low-cost funding base. The payroll loan business, the development of motor vehicle
Company enhances its capabilities in acquiring and financing, and the expansion of mortgage lending, with a
managing customer transactions through the optimization focus on projects developed by top-tier developers in order
of digital channels, strengthening relationships with key to maintain the quality of the financing portfolio. In addition,
merchants, and expanding payment ecosystems and the Company also strengthens its wealth management
QRIS ecosystems across various business segments. services through a more segmented approach to deepen
The increase in transaction activities is reflected in the relationships with affluent customers and business owners.
growing utilization of the Company’s digital services, with
transactions through BRImo continuing to increase and In the Commercial/SME segment, the Company develops
reaching more than IDR7,000 trillion in transaction value a transaction-led relationship approach to strengthen the
throughout 2025. Meanwhile, daily transaction volumes quality of business growth. This strategy is implemented
through digital platforms, including BRImo and Qlola, through the enhancement of transaction banking services
recorded the highest levels in the Company’s history. The and the development of cash management solutions
increase in transaction activities also strengthened the to deepen business relationships with customers. The
Company’s low-cost funding mobilization, as reflected in implementation of this strategy also supported financing
the Company’s CASA ratio, which reached 70.6% at the growth in the Commercial segment, which reached 56.5%
end of 2025. year-on-year in 2025.
In addition to strengthening its funding structure, the To strengthen cross-segment service integration, the
Company also carried out improvements to its core Company introduced the One BRI Solution initiative,
business, particularly in the micro segment, which has designed to provide integrated financial solutions for
long been BRI’s key strength. The transformation in this customers within their business ecosystems. Through
area focuses on improving the quality of growth through this approach, the Company integrates financing with
strengthened credit discipline, refinement of underwriting customers’ business value chains, ranging from financing
processes, and enhancement of human capital capabilities. and transaction services to liquidity management, thereby
One of the strategic initiatives undertaken is the remodeling enabling the creation of closed-loop financing within the
of the Mantri role to enhance the effectiveness of micro ecosystem.
portfolio management. Through this approach, the Mantri
role is classified into Mantri Tumbuh, focusing on financing Furthermore, the Company also develops new growth
expansion; Mantri Briguna, supporting the development of opportunities by strengthening the gold business
payroll-based consumer financing; and Mantri Recovery, ecosystem through synergy within the BRI Group. Through
focusing on asset quality management and credit recovery. the development of bullion services, the strengthening of
This restructuring of roles enables the Company to improve retail gold product portfolios, and the integration of gold
network productivity while strengthening risk management investment and financing services through digital platforms,
in a more structured manner. the Company is building an integrated gold ecosystem that
has the potential to become one of the Company’s new
On the business process side, the Company also growth engines in the future.
strengthened its risk management capabilities through
the enhancement of data-driven pre-screening and All of these transformation initiatives are supported by
underwriting processes, improvements in credit portfolio the strengthening of various organizational foundations,
monitoring systems, and the implementation of early including the modernization of information technology
warning indicators to detect potential risks at an earlier capabilities, improvements in operational process
58 PT Bank Rakyat Indonesia (Persero) Tbk
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effectiveness, strengthening of governance and risk Processes Undertaken by the Board
management, and the development of human capital of Directors to Ensure Strategy
quality. These strengthened foundations ensure that the Implementation
transformation not only drives business growth but also
enhances operational efficiency and service quality for The Board of Directors believes that the quality of a
customers. strategy is determined by consistency and discipline in its
implementation. Therefore, the Company implements a
Through the consistent and focused implementation of structured and measurable execution framework to ensure
the BRIvolution Reignite transformation, the Company not that every strategic direction is translated into concrete and
only maintained solid performance throughout 2025 but impactful initiatives.
also strengthened its business foundations to navigate the
evolving dynamics of the financial industry in the future. Each strategy is translated into a clear work plan, measurable
With an increasingly robust business model, more adaptive performance targets, and success indicators that are
organizational capabilities, and a more integrated service monitored periodically through management forums and
ecosystem, the Company remains confident in its ability Board of Directors meetings. To ensure the implementation
to continue generating healthy, resilient, and sustainable of strategies, the Board of Directors conducts routine
growth for all stakeholders. evaluations of achievements, risks, and deviations that occur,
and takes corrective actions promptly and in a targeted
The Role of the Board of Directors manner when necessary.
in Formulating Strategic Strategies
and Policies In addition, the Board of Directors ensures clarity of roles
and accountability at every level of the organization, so that
The Board of Directors plays an active and collective role in strategy implementation becomes a collective responsibility,
formulating the Company’s strategies and strategic policies not merely a top management initiative. With the support of
in a comprehensive and integrated manner. This process internal control systems, disciplined risk management, and a
takes into account external dynamics, industry conditions, strong performance culture, the Company is able to maintain
internal performance, and projections of long-term risks and consistency in execution under various conditions.
opportunities.
Through this approach, the Board of Directors ensures that
In formulating its strategies, the Board of Directors involves the Company’s strategies do not stop at the planning stage,
all elements of the organization, including both business but are realized in practice and deliver sustainable results.
lines and supporting (enabler) functions such as the Risk
Management Directorate, Finance & Strategy Directorate, Analysis of the Company’s Performance
Information Technology Directorate, Operations Directorate,
Legal & Compliance Directorate, Human Capital Sub- Operational and Financial Performance
Directorate, and Corporate Transformation Sub-Directorate,
to ensure alignment of direction as well as implementation As of December 31, 2025, BRI’s total consolidated assets
readiness. Through this approach, the strategies established grew by 7.14% to IDR 2,135 trillion. This growth was partly
are not only ambitious in terms of growth but also realistic, driven by the increase in loan and financing disbursements,
measurable, and aligned with the organization’s capacity. which reached IDR 1,521 trillion, representing a 12.32% year-
on-year growth. BRI consistently continued to channel loans
Strategy formulation is conducted iteratively through and financing to the Micro, Small, and Medium Enterprises
management forums and discussions within the Board (MSME) segment, which accounted for 77.49% of BRI’s
of Directors, ensuring that each policy has undergone total loan and financing portfolio or IDR 1,179 trillion.
processes of testing, refinement, and cross-functional Meanwhile, BRI’s flagship segment, namely the Micro and
alignment before being finalized. Each strategy is also Ultra Micro segment, contributed 42.61% of the total loans
reviewed based on the principles of prudence and disciplined and financing.
risk management, and is communicated transparently to the
Board of Commissioners in accordance with the applicable The growth in loans and financing to the MSME segment was
governance provisions. also supported by the major contribution of the Ultra Micro
Holding, consisting of BRI, Pegadaian, and PNM, which
Through this governance process, the Board of Directors has been established since September 2021. Pegadaian’s
ensures that every strategic direction has a strong and loans grew by 47.6% to IDR 126.1 trillion, while PNM’s loans
accountable foundation and is capable of addressing increased by 0.5% to IDR 50 trillion. On the other hand,
both short-term and long-term challenges in a sustainable loans in BRI’s Micro and Ultra Micro segments also recorded
manner. positive growth of 3.3%, reaching IDR 648.3 trillion.
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Loan growth in the Micro segment, particularly the Kupedes CASA mobilization was supported by the Company’s
product, experienced a slowdown in line with the Company’s strategy to increase customer transactions in both retail and
focus on quality growth and efforts to improve credit quality. wholesale segments. In the retail segment, CASA mobilization
Meanwhile, the People’s Business Credit (KUR) product was driven by transaction optimization through BRILink
continued to record positive growth as a key driver in Agents, mobile banking (BRImo), EDC Merchants, and
increasing more inclusive financing by providing access to QRIS, the digital payment platform (BRI API), as well as the
financing for customers who had previously not obtained expansion of merchant acquiring acceptance. Meanwhile, in
commercial financing facilities. In 2025, BRI disbursed the wholesale segment, CASA mobilization was optimized
IDR 178 trillion in KUR, demonstrating BRI’s commitment through the development of an integrated digital payment
to continue being the Government’s main partner in the platform for corporate customers, namely Qlola, which
distribution of KUR to support the national economy. provides comprehensive access to BRI’s wholesale banking
services, such as cash management, trade finance, supply
Growth in the MSME segment on a consolidated basis chain management, foreign exchange, investment services,
was also supported by the impressive performance of and a financial dashboard.
the Consumer segment, which recorded year-on-year
growth of 9.4% to reach Rp228.8 trillion. Growth in the The strengthening of CASA in the retail segment was also
consumer segment was primarily driven by BRIGUNA and reflected in the increasing customer transactions through
Mortgage Loans (KPR), which grew by 9.9% and 13.3% BRILink Agents and BRImo, which contributed positively to
year-on-year, respectively. In addition, BRI continued to BRI’s profitability performance. Throughout 2025, BRILink
support the Government’s program to increase public home Agents recorded 1.2 billion transactions with a total value
ownership by distributing 32,209 FLPP mortgage units of IDR 1,746 trillion, representing 9.9% year-on-year growth
in 2025. The Commercial, Small, and Medium Enterprise compared to the previous year. In addition, BRImo also
(CSME) segment also recorded strong growth momentum recorded an increase in transaction value of 26.4% year-on-
with double-digit growth of 10.3% year-on-year. Meanwhile, year, reaching IDR 7,077 trillion.
loans in BRI’s Corporate segment recorded solid growth,
reaching IDR 342.5 trillion, or growing 40.2% year-on- This solid performance was also reflected in the Company’s
year. Growth in this corporate segment was focused net profit of IDR57.132 trillion. BRI’s profitability achievement
on strengthening the wholesale business through the was driven by the bank-only net profit of IDR 50.4 trillion.
optimization of transaction banking services. The main drivers of BRI’s profit growth stemmed from the
Company’s ability to manage the growth of net interest
In 2025, BRI also maintained a strategic focus on income, fee-based income, recovery income, as well as
strengthening retail banking capabilities, particularly in operational cost efficiency.
mobilizing low-cost funds through Current Account Saving
Account (CASA), which are more stable and sustainable. BRI’s topline performance also recorded impressive results,
This strategy delivered results, with BRI’s consolidated with Net Interest Income (NII) on a consolidated basis
deposits growing 7.4% to IDR 1,466 trillion, with a CASA ratio growing by 5.5% year-on-year. This growth was driven
of 70.61%, the highest ratio in BRI’s history. The growth of by the management of loan and financing assets offering
this low-cost CASA will continue to be the main focus of competitive interest rates, as well as by optimal liquidity
BRI’s funding sources. management. The interest rate levels applied by BRI are
reflected in the Basic Interest Rate of Loan (SBDK) as follows.
SBDK Table (Prime Lending Rates) as of December 31, 2025
QUANTITATIVE DISCLOSURE
Non-MSME Loans MSME Loans
Data Period Non KPR/
KPR/KPA
December 31, 2025 Non KPA
Corporate Retail Medium Small Micro
Fund Cost for Loan (HPDK) 3.41 N/A 3.41 3.41 3.41 3.41 3.41
Overhead Cost(%) 1.33 N/A 3.67 3.38 8.29 3.84 3.66
Profit Margin (%) 3.46 N/A 3.17 3.41 2.10 2.65 2.03
Prime Lending Rates (SBDK) (%)
8.20 N/A 10.25 10.20 13.80 9.90 9.10
(HPDK + Overhead + Margin)
Note: Effective from January 1, 2025
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QUALITATIVE DISCLOSURE
Category Credit Category Definition Credit Category Indicator / Criteria
Working capital loans and investment loans
Corporate Total credit ceiling > IDR 500 billion
for non-MSME and non-retail segments
Retail N/A N/A
Deposit Counter Rate Table as of December 31, 2025
Product IDR Interest Rate USD Interest Rate
Current Accounts 0.00% - 1.25% 0.05% - 0.15%
Savings 0.00% - 2.00% 0.08% - 0.25%
Deposits 2.50% - 3.00% 4.00%
Fee-based income and other operating income, including BRI also maintained strong capital conditions, with the
net gold sales income and treasury income, increased to Capital Adequacy Ratio (CAR) reaching 23.52% on a
Rp56.1 trillion, representing an increase of 2.6% YoY. On the consolidated basis and 21.06% on a bank-only basis. This
other hand, BRI also maintained operational cost efficiency, ratio is well above the minimum regulatory requirement of
as reflected in the year-on-year growth in operating 17.5% (after considering the implementation of Basel III) and
expenses of 7.7%. This resulted in a consolidated Cost-to- above the Company’s risk appetite of 19%.
Income Ratio (CIR) of 42.55%.
With this adequate capital adequacy ratio, BRI can
With strong business growth and profitability, BRI was anticipate key risks in bank management, including market
able to maintain its financial ratios at healthy levels. The risk, credit risk, and operational risk, while also supporting
Company’s Loan to Deposit Ratio (LDR) stood at 91.43% the Company’s long-term sustainable business growth.
on a consolidated basis and 91.96% on a bank-only basis,
indicating that the Company’s liquidity remained at an Non-Financial Performance
adequate level to support future business growth. BRI’s
profitability ratios also recorded positive results, reflected IT DIGITAL
in Return on Assets (ROA) After Tax and Return on Equity BRI prioritizes reliable digital services through the fulfillment
(ROE) Balance Sheet, which reached 2.74% and 17.44%, of IT Hygiene Factors (Reliability, Availability, Scalability,
respectively. Security). These efforts support the BRIVolution Reignite
strategy by ensuring secure, scalable, and future-proof IT
In terms of asset quality, BRI still faced challenges in infrastructure. Information Technology (IT) transformation
resolving the restructured loan portfolio resulting from the is carried out through three main pillars: Run the Bank to
COVID-19 pandemic. BRI’s Non-Performing Loan (NPL) modernize infrastructure, Change the Bank to enhance
ratio was recorded at 3.07% in December 2025, slightly applications and customer experience, and Transform the
increasing compared to the same period in the previous Bank to strengthen strategic planning and an adaptive IT
year. This condition was in line with the Company’s strategy organization.
to accelerate the resolution of restructured loan portfolios
resulting from COVID-19. BRI develops various innovations, such as enhancing the gold
investment experience in BRImo, adopting cloud technology,
Nevertheless, the Company continued to maintain an and implementing multiple KYC to improve identity reliability
adequate provisioning level, as reflected in the NPL and accuracy. BRI also introduced Sabrina, an AI-based
Coverage ratio, which remained at 178.06%. In addition, the virtual assistant that handles millions of customer interactions
Loan at Risk (LAR) ratio also continued its downward trend and achieves high satisfaction levels. In addition, WISE
from 10.70% in 2024 to 9.61% in 2025. This decline was helps frontliners find work guidance quickly and accurately,
driven by the reduction in the restructured loan portfolio significantly improving service efficiency.
resulting from COVID-19, from IDR 15.6 trillion at the end of
2024 to IDR 7.7 trillion at the end of 2025.
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BRI strengthens all Data Centers through capacity upgrades, performance-oriented, and ready to face the continuously
device modernization, and the implementation of Tier-III evolving dynamics of the industry.
standards to ensure service reliability. This initiative forms
the basis for implementing an Active-Active Data Center Throughout 2025, BRI recorded a significant acceleration in
architecture, including cloud implementation for critical strengthening its talent pipeline, with the number of talents
applications such as BRImo and Qlola by BRI. This strategic recruited through the BRI Future Leader Program (BFLP)
step reaffirms BRI’s commitment to providing a strong, increased by 685% compared to the previous year, covering
secure IT infrastructure capable of supporting sustainable nine strategic specializations to address future competency
business growth in the digital era. needs. The strengthening of the talent pipeline was also
carried out through the BrilianNext program to attract
CULTURE outstanding candidates from Top Graduates of universities
The BRILiaN Way Transformation represents a strategic with strong academic reputations. At the same time, BRI
initiative to strengthen corporate culture as a key driver continued to strengthen the foundation of data-based Human
of performance. We believe that strategy will only be Capital management by optimizing Employee Self Service
effective when supported by a transformation of mindset (ESS) and data governance, including structuring HC data
and real collective behavior. Through the synergy of an management and mapping HC data variables. To prepare the
inclusive bottom-up approach and strategic direction strategic leadership pipeline, the Board of Directors (BOD)
from management, the five core values, namely Integrity, and Regional leaders were systematically and structurally
Collaborative, Accountability, Growth Mindset, and Customer involved in conducting succession planning, resulting in the
Focus, now serve as a compass for behavior and decision- identification of around 500 Top Talents in Bands 1–3 as part
making across the organization. of the talent management process.
The internalization of these values is carried out To ensure an increasingly agile and performance-oriented
systematically by integrating them into the entire Human organization, BRI enhanced its performance management
Capital Cycle, from recruitment to performance management. system to be more objective and transparent through fully KPI-
This approach ensures that the Company’s culture is not based assessments, complemented by 180-degree behavioral
merely a slogan, but a measurable parameter that directly assessments. The capabilities of the Human Capital function
impacts productivity and operational efficiency. The strong continued to be strengthened through capability-building
commitment from the management team, along with the programs, particularly for HCBP, enabling them to become
active role of Change Agents, serves as the main driving more responsive and solution-oriented to business needs. In
force in maintaining consistent implementation at every level. addition, RHCBP strengthened their roles as decision-makers
at the Regional Office level in aspects such as recruitment,
With a strong cultural foundation, we are optimistic that the career management, and learning. All these initiatives
Company will be able to sustain healthy and resilient growth culminated in strengthening the cultural transformation
amid the dynamics of the global market. Our focus remains through the implementation of the Brilian Way across BRI and
on creating sustainable long-term value for all stakeholders. its Subsidiaries, including the piloting of Lighthouse Branch
We believe that the alignment between business strategy Offices as role models for cultural implementation, as well
and a strong corporate culture will become the Company’s as end-to-end measurement of organizational culture to
key competitive advantage in facing future challenges. ensure that BRI’s values and work behaviors are consistently
internalized across all lines of the organization.
HUMAN CAPITAL
BRI views Human Capital as the main driver of transformation The development of employee competencies is a key priority
and the sustainability of the Company’s performance. In for BRI, as it can drive productivity and support the achievement
line with the BRIVolution Reignite transformation agenda, in of the Company’s overall performance. In 2025, BRI developed
2025, BRI focused on strengthening the foundations Human education programs structured in alignment with the employee
Capital management through the refinement of various lifecycle. Accordingly, the education programs have a clear
hygiene factors to ensure that the talent management system structure while supporting the achievement of the Company’s
becomes more solid, integrated, and aligned with the strategic strategic objectives.
direction of the business. Various initiatives are carried
out in a structured manner, ranging from improving data In addition, to increase ownership of education at the Regional
quality, enhancing and accelerating recruitment processes, Office level and ensure that employee capability development
strengthening talent management, succession planning, in the regions aligns with their specific needs, starting in 2025,
and performance management, as well as enhancing the BRI implemented the Green Program. The preparation of the
capability of Human Capital (HC) as a strategic business curriculum, learning objectives, learning materials, budget
partner. This approach serves as an important foundation for calculations, implementation of education, and evaluation of
BRI in building an organization that is increasingly adaptive, education fall within the scope of each Regional Office.
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DISTRIBUTIONS 99.90%, while the implementation of AGF (Auto Grab
Over the past year, BRI has undertaken various Fund) has covered 88% of loan accounts, contributing to
enhancements in the distribution function to improve network a 73% reduction in manual overbooking and generating
effectiveness and drive business growth. Improvements approximately 418 thousand hours of teller free-up time.
began with organizational restructuring, including
strengthening the role of Regional Offices under the Network Digitalization and automation initiatives have further
& Retail Funding Director, enhancing the independence of strengthened operational capabilities, including the
operational and risk management functions, and sharpening implementation of Smart RTGS, which successfully
the role of business units in the regions to focus more on redirected funds amounting to IDR 3.8 trillion, the acceleration
business development and support for Branch Offices. of mortgage (KPR) disbursement through BRISPOT reaching
85% with Turn Around Time twice as fast, and the piloting
BRI also established 74 Area Heads to strengthen the of the Biometric Verification Platform (BVP) to mitigate the
orchestration of business development in the regions. This risks of fictitious credit and fraud. These achievements
role clarifies the interaction model between Regional Offices provide a strong foundation in supporting the aspiration of
and Branch Offices, enhances cross-segment collaboration, the Operations Directorate to deliver a seamless customer
and ensures more focused branch performance management. experience through operations that are efficient, reliable, and
In line with this, BRI also strengthened the capabilities of its well-controlled in terms of risk.
unit leaders to effectively drive business transformation,
improve network productivity, and become more adaptive in REBRANDING
capturing market potential in their respective areas. As part of Bank Rakyat Indonesia’s long journey, which is
entering its 130th year, we recognize the need to strengthen
BRI continues to strengthen its national distribution coverage our positioning to ensure that BRI remains a relevant
by optimizing all available channels, comprising 7,339 service institution and continues to serve as a trusted business
outlets, 54 e-Buzz units, 6 Teras Keliling, 19,657 e-channels, partner for all segments of society.
and 1.19 million BRILink Agents. In addition, BRI operates 4
Teras Kapal units to reach remote areas and islands that Through this rebranding, BRI renews its identity, becoming
have not yet been optimally served by the banking network. more inclusive, modern, and relevant. This transformation
In addition to maintaining its extensive network, BRI also reinforces BRI’s position as a universal bank that remains
optimizes the distribution footprint through the relocation rooted in MSMEs, while strengthening the consumer segment
of outlets to high-potential areas and adjustments to branch as a new source of growth. This initiative also serves as a
service capabilities to better align with customer needs, bridge for BRI to continue expanding its role in supporting
thereby enabling market potential across various regions to inclusive and sustainable economic growth.
be utilized more effectively.
In keeping with this transformation, we also reintroduced
OPERATIONS BRI’s commitment through the tagline “One Bank for All.” This
Throughout 2024–2025, the Operations Directorate tagline reflects our aspiration to serve all segments of society
implemented various strategic initiatives focused on comprehensively, from the micro and MSME segments
improving process efficiency, strengthening customer to consumer, commercial, and corporate segments. With
experience, and mitigating operational risks. These an increasingly comprehensive range of products and
achievements are reflected in significant improvements in services supported by a strengthened digital ecosystem, BRI
Service Level Agreements (SLA), including the acceleration continues to strive to deliver integrated, easily accessible,
of RTGS Incoming processing from 1.5 minutes to 0.5 minutes, and relevant services to the evolving needs of customers.
Trade Finance Transactions from 65 minutes to 20 minutes,
and Mass Account Opening, which was successfully reduced More than merely a change in identity, this rebranding also
from 16 hours to only 10 minutes. Overall, the Operations reinforces BRI’s new character as a trusted, progressive,
Directorate succeeded in reducing manual processes by and inclusive institution. We aspire for BRI to be recognized
31%, from 900 processes to 675 processes. as a brand that is ambitious yet grounded, aspirational
yet practical, inclusive, digitally savvy, and world-class,
In terms of service, BRI successfully maintained the #2 capable of reaching new generations while maintaining our
position in the Bank Service Excellence Monitor (BSEM) commitment and DNA as a bank that grows together with
MRI and recorded a Net Promoter Score (NPS) of 69.00. Indonesia’s MSMEs. This transformation reflects BRI’s long
The reliability of the e-channel infrastructure also remained journey while also demonstrating our readiness to continue
optimal, with ATM reliability reaching 99.69% and CRM serving the public and becoming a reliable financial partner
at 99.61%, both exceeding the set targets. On the credit for Indonesia.
operations side, improvements in SLIK data quality reached
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Comparison Between Achieved Results and Targets
In general, BRI on a consolidated basis successfully achieved the performance targets set for 2025, with the following details:
(Consolidated, in IDR Billion)
December 2025
Description
Target Realization Achieved
Loans and Financing Granted (IDR Billion) 1,462,009 1,521,486 104.1%
CASA Ratio 67.28% 70.61% 105.0%
Net Interest Income (IDR Billion) 150,053 150,498 100.3%
Operating Profit Before Provisions for Loan Losses (PPOP) (IDR Billion) 118,607 119,430 100.7%
Loan at Risk (LAR)*) 10.36% 9.61% 107.8%
*) The calculation of LAR achievement uses the formula Target/Actual.
Challenges Faced by the Company
and Mitigation Measures
BRI’s solid performance throughout 2025 was not In addition, the growth of Third Party Funds (DPK) in the
without challenges arising from the global and domestic banking industry also faced pressure amid increasing
environments, as well as dynamics within the banking competition among financial institutions in mobilizing
industry. Various external factors also affected liquidity public funds. Competition for low-cost funding has
conditions, asset quality, and financing demand patterns in intensified, prompting banks to continually strengthen their
the banking sector. liquidity management strategies while driving innovation in
transaction services and digital banking.
From a global perspective, the world economy continued
to face uncertainty influenced by geopolitical dynamics, From an industry perspective, competition in the banking
trade tensions between countries, and volatility in energy sector has intensified, particularly in the retail and MSME
and food commodity prices. Global monetary policies that segments, which remain BRI’s primary focus. Competition
remained relatively tight in several advanced economies also arises not only from other banking institutions, but also
exerted pressure on global capital flows and financial market from financial technology (fintech) companies and various
stability. These conditions impacted increased exchange digital platforms that are increasingly aggressive in offering
rate volatility and influenced the sentiment of business actors technology-based financial services.
and investors across various countries, including Indonesia.
Technological developments such as artificial intelligence,
At the domestic level, Indonesia’s economy continued data analytics, and business process automation are
to demonstrate resilience with stable economic growth. also driving changes in the financial industry landscape
Nevertheless, pressure on purchasing power in several toward service models that are faster, more efficient, and
segments remained a challenge, particularly among the increasingly digital-based. Changes in customer behavior,
lower-middle-income groups, which form the primary base which increasingly rely on digital services, also present
of micro and small economic activities. These conditions challenges for the banking industry to continuously enhance
affected the dynamics of financing demand and required technological capabilities while ensuring the security and
banks to become more selective in extending credit in order reliability of their digital systems.
to maintain sustainable asset quality.
Internally, BRI also faces challenges in maintaining a balance
between business growth and asset quality, particularly
in the micro and MSME segments, which remain the
Company’s primary focus. This segment offers significant
growth potential but also carries inherent risk characteristics
that must be managed prudently, especially amid dynamic
economic conditions.
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In addition, efforts to strengthen the funding structure intermediaries but also act as drivers of economic
through increasing low-cost funds (CASA) also present transformation through productive financing, strengthening
challenges amid intensifying industry competition. The business ecosystems, and expanding financial inclusion.
Company continues to enhance digital transaction
capabilities and expand its service ecosystem to increase In Indonesia, economic transformation cannot be separated
customer engagement and strengthen a sustainable funding from the role of micro, small, and medium enterprises
base. (MSMEs), which absorb the majority of the workforce while
serving as a primary source of domestic economic resilience.
The digital transformation continuously carried out by BRI For BRI, MSMEs are not merely a business segment, but
also requires significant investment in the development of rather the core foundation of the Company’s business model
technology infrastructure, strengthening cybersecurity, and Supported by a nationwide network that reaches even remote
enhancing human capital capabilities. These efforts form an areas and extensive experience in serving the grassroots
important part of the Company’s long-term strategy to ensure economy, BRI is strategically positioned to strengthen MSME
that the transformation it undertakes delivers sustainable capacity through financing, empowerment programs, and
value for customers and all stakeholders. ecosystem development, thereby continuing to drive MSME
growth as one of the key pillars of the national economy.
Key Matters Expected to Occur With a solid economic foundation and increasingly strong
in the Future and Business Prospects policy coordination among the Government, Bank Indonesia,
and financial sector authorities, we believe that Indonesia’s
In recent years, the global economy has moved within economy will remain on a path of stable and sustainable
an increasingly complex landscape. The world no longer growth. By leveraging its internal strengths, BRI remains
follows a fully linear economic cycle. Geopolitical dynamics, optimistic about its future positive prospects.
changes in the configuration of international trade, and the
acceleration of technological transformation are shaping an
economic environment increasingly influenced by structural Information Related to the Bank
factors rather than by short-term business cycle fluctuations. Business Group
Entering 2026, global uncertainty is expected to continue Ownership of Shares by the Board
influencing the world economy. However, supported by of Directors, Board of Commissioners,
relatively strong domestic fundamentals, Indonesia’s and Shareholders within the Bank
economy is projected to grow by 5.1%–5.3% in 2026. Business Group
Domestic demand will remain the main engine of growth,
although with a more moderate momentum compared to the As of December 31, 2025, there was no significant
post-pandemic recovery period. share ownership by the Board of Directors and Board of
Commissioners within the BRI Bank Business Group, as
In a phase of more moderate growth following the previously disclosed in the section on Share Ownership of
economic recovery period, the quality of growth has the Board of Directors and Board of Commissioners.
become increasingly important. Productivity, structural
transformation, and broader job creation will determine the Significant Changes in the Bank
sustainability of economic growth going forward. and the Bank Business Group in 2025
From the perspective of household consumption, the Throughout 2025, there were no significant changes within
segmentation dynamics that began to emerge in 2025 the Bank and the Bank Business Group. Going forward, BRI
are expected to continue into 2026. Consumption among remains fully committed to driving the performance and
upper-middle income groups is projected to remain contribution of BRI’s Subsidiaries, through increasing net
relatively resilient, while lower-middle and micro segments profit and contributions in the form of fee-based income to
may continue to face more moderate purchasing power BRI, enabling the Subsidiaries to become sustainable growth
pressures. This condition underscores the importance of drivers for BRI in the future.
strengthening productivity in the micro and small business
sectors, as well as developing business ecosystems capable In addition, based on the Decree of the Member of the
of enhancing the community’s economic capacity in a more Board of Commissioners of the Financial Services Authority
sustainable manner. (OJK) Number KEP-11/KS.1/2025 dated September 16, 2025,
OJK designated BRI as the Parent Entity of a Financial
In this context, the banking sector plays an increasingly Conglomerate, consisting of 22 (twenty-two) Financial
strategic role. Banks not only function as financial Conglomerate Members. Furthermore, on December 23,
PT Bank Rakyat Indonesia (Persero) Tbk 65
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Report of The Board of Directors
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2024, the Financial Services Authority (OJK) enacted To further strengthen its presence in the global market, BRI
Financial Services Authority Regulation Number 30 of promotes fair and transparent disclosure for all stakeholders
2024 concerning Financial Conglomerates and Parent through public communication grounded in the principles
Entities of Financial Conglomerates (POJK on Financial of good corporate governance. BRI’s success in presenting
Conglomeration ) and revoking Financial Services Authority accountable and internationally standardized corporate
Regulation Number 45/POJK.03/2020 concerning Financial information has also received positive recognition from
Conglomerates. The POJK on Financial Conglomeration external parties, as reflected in BRI’s achievement as a Top 5
requires Financial Services Institutions that meet the PLC in Indonesia and ASEAN Asset Class in accordance with
criteria of a financial conglomerate to establish a Parent the ASEAN Corporate Governance Scorecard criteria.
Entity of a Financial Conglomerate. In addition to holding
equity participation in Financial Conglomerate Members As part of our commitment to maintaining the integrity of
that are Subsidiaries, BRI also holds non-significant equity the financial system, BRI continuously strengthens the
participation in several companies that are not members of effectiveness of preventing money laundering, terrorism
the BRI Financial Conglomerate. financing, and proliferation financing of weapons of mass
destruction (AML/CFT & CPF). These ongoing efforts are
reflected in the “Very Good” rating received from PPATK
Development of the Implementation in the Financial Integrity Rating on Money Laundering/
of Good Corporate Governance Terrorist Financing (FIR on ML/TF) 2025 assessment.
This achievement demonstrates that BRI’s commitment to
Strengthening integrated compliance and governance prevention, policies, and implementation, as well as to AML/
capabilities serves as a strategic foundation for BRI Group CFT reporting obligations, has been implemented at a high
in responding to continuously evolving market dynamics. level.
Through the alignment of human capital competencies,
information technology, and risk management across the Performance Evaluation of Committees
entire BRI Group, we build a solid foundation to drive the under the Board of Directors and Their
creation of quality growth. Assessment Criteria
The implementation of integrated governance is carried In supporting the effectiveness and efficiency of the Bank’s
out in accordance with applicable regulations, including management duties and responsibilities, the Board of
Financial Services Authority Regulation Number 30 of Directors of BRI is assisted by ten committees that operate
2024 concerning Financial Conglomerates. This integration under and report directly to the Board of Directors. As of 31
ensures that every innovation developed remains within December 2025, BRI has ten committees under the Board of
the corridor of regulatory compliance and good corporate Directors, as follows:
governance, while also creating sustainable added value for 1. Asset and Liability Committee (ALCO)
all stakeholders. This strategy is a key factor in achieving 2. Credit Policy Committee
governance and compliance maturity within the BRI Group 3. Environmental, Social & Governance (ESG) Committee
environment, as evidenced by the achievement of an 4. Human Capital Committee
integrated governance maturity score of 4.06/5.00 and an 5. Information Technology Steering Committee
integrated compliance score of 3.90/5.00.
6. Procurement Committee
7. Product Committee
In line with the ongoing transformation process and in line
8. Risk Management Committee
with the adoption of international standards, including
9. Transformation Steering Committee
the ISO Compliance Management System, Anti-Bribery
10. Financial Conglomeration Governance Committee
Management System, and Quality Management System, BRI
continues to promote information technology innovation as a
The evaluation procedure for the committees under the
key instrument for managing compliance risk and governance
Board of Directors is conducted annually by the Board
in a more proactive manner. This collective dedication has
of Directors. The assessment is carried out based on
resulted in notable recognition, with BRI receiving the Most
performance outcomes reflected in each committee’s
Trusted Company predicate at the Corporate Governance
contribution to the Company, including the reports and
Perception Index. This recognition not only validates the
recommendations submitted to the Board of Directors.
maturity of the Company’s governance and compliance
Based on this evaluation, the Board of Directors considers
implementation but also strengthens BRI’s position as a
that all committees performed their duties optimally in 2025.
credible and trusted banking institution in the eyes of global
stakeholders.
66 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Changes in the Composition 2. Change the nomenclature of the positions of the members
of the Board of Directors of the Company’s Board of Directors, namely: the former
Director of Compliance and Director of Human Capital
During 2025, there were changes in the composition of the becoming Director of Human Capital & Compliance;
Board of Directors. These changes were made based on the the former Director of Consumer Business becoming
Company’s needs. The changes in the composition of the Director of Consumer Banking; the former Director of
Board of Directors are as follows: Wholesale and Institutional Business becoming Director
of Corporate Banking; the former Director of Micro
COMPOSITION OF THE BOARD OF DIRECTORS Business becoming Director of Micro; the former Director
BEFORE THE 2025 ANNUAL GMS of Finance becoming Director of Finance & Strategy; the
The composition of the Board of Directors prior to the 2025 former Director of Digital and Information Technology
Annual GMS consisted of 12 (twelve) members, comprising 1 becoming Director of Information Technology; the
(one) President Director, 1 (one) Vice President Director, and former Director of Commercial, Small, and Medium
10 (ten) Directors, as follows: Business becoming Director of Commercial Banking;
and the former Director of Retail Funding and Distribution
Sunarso : President Director becoming Director of Network and Retail Funding.
Catur Budi Harto : Vice President Director Subsequently, the positions of Director of Treasury and
International Banking and Director of Operations were
Handayani : Director of Consumer Business
added.
Supari : Director of Micro Business
3. Reassign the duties of members of the Board of Directors,
Ahmad Solichin Lutfiyanto : Director of Compliance namely Agus Noorsanto, who was previously Director
Agus Sudiarto : Director of Risk Management of Wholesale and Institutional Business, to become
Agus Noorsanto : Director of Wholesale
Vice President Director, and Ahmad Solichin Lutfiyanto,
and Institutional Business
who was previously Director of Compliance, to become
Director of Human Capital & Compliance.
Agus Winardono : Director of Human Capital
4. Appoint Hery Gunardi as President Director, Hakim
Amam Sukriyanto : Director of Small and Medium
Putratama as Director of Operations, Riko Adythia as
Businesses
Director of Corporate Banking, Aquarius Rudianto as
Viviana Dyah Ayu R.K. : Director of Finance Director of Network and Retail Funding, Farida Thamrin
Arga M. Nugraha : Director of Digital & Information as Director of Treasury and International Banking,
Technology Akhmad Purwakajaya as Director of Micro, Alexander
Dippo Paris Y. S. as Director of Commercial Banking,
Andrijanto : Director of Retail Funding
Nancy Adistyasari as Director of Consumer Banking,
and Distribution
Viviana Dyah Ayu R.K. as Director of Finance & Strategy,
Mucharom as Director of Risk Management, and Saladin
COMPOSITION OF THE BOARD OF DIRECTORS
Dharma Nugraha Effendi as Director of Information
AFTER THE 2025 ANNUAL GMS
Technology.
On March 24, 2025, the 2025 Annual General Meeting of
Shareholders resolved to:
1. Honorably dismiss Sunarso as President Director, Catur
Budi Harto as Vice President Director, Handayani as
Director of Consumer Business, Supari as Director
of Micro Business, Amam Sukriyanto as Director
of Commercial, Small and Medium Business, Arga
Mahanana Nugraha as Director of Digital and Information
Technology, Agus Winardono as Director of Human
Capital, Agus Sudiarto as Director of Risk Management,
Andrijanto as Director of Retail Funding and Distribution,
and Viviana Dyah Ayu R.K. as Director of Finance.
PT Bank Rakyat Indonesia (Persero) Tbk 67
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Report of The Board of Directors
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Thus, the composition of the Board of Directors after the 3. Reassign the duties of Viviana Dyah Ayu R.K., who was
2025 Annual GMS consists of 13 (thirteen) members, previously Director of Finance & Strategy, to become
comprising 1 (one) President Director, 1 (one) Vice President Vice President Director.
Director, and 11 (eleven) Directors, as follows: 4. Appoint Achmad Royadi as Director of Finance &
Strategy, Mahdi Yusuf as Director of Legal & Compliance,
Hery Gunardi : President Director
Ety Yuniarti as Director of Risk Management, and Aris
Agus Noorsanto : Vice President Director Hartanto as Director of Consumer Banking.
Ahmad Solichin Lutfiyanto : Director of Human Capital
& Compliance Thus, the composition of the Board of Directors after the
Viviana Dyah Ayu R.K. : Director of Finance & Strategy 2025 Extraordinary GMS consists of 13 (thirteen) members,
comprising 1 (one) President Director, 1 (one) Vice President
Hakim Putratama : Director of Operations
Director, and 11 (eleven) Directors. The composition and
Riko Adythia : Director of Corporate Banking basis for the appointment of the Board of Directors are set
Aquarius Rudianto : Director of Network and Retail out in the table below.
Funding
Hery Gunardi : President Director
Farida Thamrin : Director of Treasury
and International Banking Viviana Dyah Ayu R.K. : Vice President Director
Akhmad Purwakajaya : Director of Micro Hakim Putratama : Director of Operations
Riko Adythia : Director of Corporate Banking
Alexander Dippo Paris Y.S. : Director of Commercial Banking
Aquarius Rudianto : Director of Network and Retail
Nancy Adistyasari : Director of Consumer Banking
Funding
Mucharom : Director of Risk Management
Farida Thamrin : Director of Treasury
Saladin Dharma Nugraha : Director of Information and International Banking
Effendi Technology Akhmad Purwakajaya : Director of Micro
Alexander Dippo Paris Y.S. : Director of Commercial Banking
COMPOSITION OF THE BOARD OF DIRECTORS
AFTER THE 2025 EXTRAORDINARY GENERAL MEETING Saladin Dharma Nugraha : Director of Information
Effendi Technology
OF SHAREHOLDERS
Mahdi Yusuf : Director of Legal & Compliance
On December 17, 2025, the Extraordinary General Meeting of
Shareholders (EGMS) 2025 resolved to: Aris Hartanto : Director of Consumer Banking
1. Honorably dismiss Agus Noorsanto as Vice President Achmad Royadi : Director of Finance & Strategy
Director, Achmad Solichin Lutfiyanto as Director of Ety Yuniarti : Director of Risk Management
Human Capital & Compliance, Mucharom as Director of
Risk Management, and Nancy Adistyasari as Director of
Consumer Banking.
2. Change the nomenclature of the member of the Board
of Directors position from Director of Human Capital &
Compliance to Director of Legal & Compliance.
68 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Closing
On this occasion, the Board of Directors expresses its highest appreciation to all customers, shareholders, and stakeholders
for the trust and support continuously given to BRI throughout 2025. The trust of customers, together with the support from
the government, shareholders, and other stakeholders, has become an important foundation that enables BRI to remain
resilient and maintain sustainable performance amid the dynamics of economic challenges. This support also strengthens
BRI’s commitment to continuously create long-term value for shareholders while contributing meaningfully to the national
economy.
The Board of Directors also expresses its gratitude to all BRILiaN People for their dedication, hard work, and outstanding
contributions that have been key to BRI’s success. The continuous introduction of innovations and the commitment to
delivering the best services have strengthened BRI’s role in creating added value for customers, shareholders, and society,
and reinforced BRI’s position as a financial institution that actively supports national economic growth.
Our highest appreciation is also extended to the Government of the Republic of Indonesia for its continuous support and trust
in BRI in carrying out its role as an intermediary institution focused on empowering the people’s economy, particularly by
strengthening the MSME sector and expanding financial inclusion across various regions of Indonesia.
Finally, the Board of Directors also conveys its appreciation to the Board of Commissioners for their strategic direction
and constructive supervision in ensuring the sustainability of the Company’s performance. Close collaboration between the
Board of Directors, the Board of Commissioners, BRILiaN People, shareholders, the government, and all stakeholders will
continue to serve as an important foundation in driving innovation, transformation, and continuous improvement to create
sustainable growth and long-term value for all stakeholders.
Jakarta, March 2026
On behalf of the Board of Director
Hery Gunardi
President Director
PT Bank Rakyat Indonesia (Persero) Tbk 69
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Report of The Board of Directors
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The Board of Directors
3 4 5 6 7 1
1. Hery Gunardi: President Director 5. Mahdi Yusuf: Director of Legal & Compliance
2. Viviana Dyah Ayu R. K.: Vice President Director 6. Ety Yuniarti: Director of Risk Management
3. Hakim Putratama: Director of Operations 7. Aris Hartanto: Director of Consumer Banking
4. Aquarius Rudianto : Director of Network and Retail Funding
70 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
2 8 9 10 11 12 13
8. Akhmad Purwakajaya: Director of Micro 11. Saladin Dharma Nugraha Effendi: Director of Information Technology
9. Achmad Royadi: Director of Finance & Strategy 12. Riko Adythia: Director of Corporate Banking
10. Farida Thamrin: Director of Treasury and International Banking 13. Alexander Dippo Paris Y. S. : Director of Commercial Banking
PT Bank Rakyat Indonesia (Persero) Tbk 71
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Report of The Board of Directors
and Board of Commissioners
Board of
Commissioners’
Report
Kartika Wirjoatmodjo
President Commissioner
72 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
The Board of Commissioners appreciates the success of the Board of Directors in
maintaining profitability and implementing the BRIVolution Reignite transformation
strategy in a disciplined manner amid highly challenging conditions throughout 2025.
Respected Shareholders and Stakeholders,
We express our gratitude to Almighty God for His blessings Through this new identity, BRI reaffirmed its commitment to
and grace, which enabled the Company to record continuous transformation and innovation as a universal bank
positive performance and achievements in 2025 despite serving all segments of society, while maintaining the MSME
the still challenging economic conditions. Under these ecosystem as the backbone of its core business. Through an
circumstances, the Company was able to demonstrate ecosystem approach that integrates all segments with the
resilience and solid performance. micro segment within a connected supply chain, BRI not only
strengthens the competitiveness of MSMEs within a larger,
PT Bank Rakyat Indonesia (Persero) Tbk — hereinafter integrated, and sustainable value chain, but also delivers
referred to as “the Company” or “BRI”— remained committed increasingly digital-friendly and aspirational products and
throughout 2025 to carrying out its mission as a value services to meet the evolving needs of customers in line with
creator for society and the Indonesian economy, while also market developments and the rapidly advancing digital era.
carrying out its strategic role as an agent of development
that consistently supports the Government’s priority The Board of Commissioners actively carried out supervisory
programs in promoting national economic growth, functions and provided regular guidance to the Board of
empowering micro, small, and medium enterprises (MSMEs), Directors throughout 2025. Such supervision and advisory
and expanding financial access across the country. were conveyed through the Board of Commissioners’
Report, which includes, among others, the assessment of
Amid global macroeconomic volatility marked by uncertainty the Board of Directors’ performance, views on the business
over the direction of major central banks’ interest rate prospects prepared by the Board of Directors, views on
policies, escalating geopolitical tensions in various regions, the implementation of Corporate Governance, evaluation
weakening exchange rates of emerging market currencies, of the performance of committees under the Board of
and slower economic growth among several of Indonesia’s Commissioners, as well as the composition and changes in
key trading partners, the Company was able to respond to the composition of the Board of Commissioners.
these conditions in a prudent and adaptive manner. This
resilience is reflected in the strengthening of the Company’s
fundamentals throughout 2025. BRI recorded improvements Performance Evaluation
in its funding structure, supported by the growth of retail of the Board of Directors
funds and increasingly solid transactions. In terms of
asset quality, the Company also showed an improving Frequency and Methods of Providing
trend supported by the strengthening of credit distribution Advice to the Members of the Board
standards as well as the refinement of business processes, of Directors
operations, and risk management. These measures
constitute an important foundation in maintaining the quality In accordance with the mandate of the Company’s Articles
of credit growth, strengthening balance sheet resilience, and of Association, the Board of Commissioners is tasked with
ensuring the sustainability of the Company’s performance supervising the management of the Company and providing
amid the evolving dynamics of the economic cycle. advice to ensure that the Company’s management is carried
out in a prudent and accountable manner and in compliance
At its 130th anniversary, BRI entered a new phase in its with the applicable regulations.
BRIVolution Reignite transformation journey, reaffirming its
new positioning. This spirit was reflected in the launch of To optimize the implementation of these functions, the
the corporate rebranding on December 16, 2025, marking Board of Commissioners consistently holds meetings
the renewal of the Company’s visual corporate identity. as a forum for supervision and the provision of advice.
PT Bank Rakyat Indonesia (Persero) Tbk 73
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Report of The Board of Directors
and Board of Commissioners
Meetings of the Board of Commissioners consist of Board of As part of the ongoing supervisory function, the Board of
Commissioners Meetings, which include Internal Meetings Commissioners periodically provides written responses to
of the Board of Commissioners and meetings of the Board the Board of Directors regarding the Company’s quarterly
of Commissioners attended by the relevant Director in performance achievements, which include reviews
charge and/or Senior Executive Vice President (SEVP), as of strategy implementation and recommendations for
well as Joint Meetings of the Board of Directors and the necessary improvements. Throughout 2025, the Board of
Board of Commissioners, namely meetings of the Board of Commissioners delivered written responses to quarterly
Commissioners together with the Board of Directors and performance through the following letters:
SEVP. Through these forums, the Board of Commissioners 1. Letter No. R.11-KOM/02/2025 dated February 11, 2025
discusses the Company’s condition, the implementation regarding the Response to the Fourth Quarter 2024
of strategies and business plans, as well as other material Performance of PT BRI (Persero) Tbk.
issues that require joint attention and in-depth discussion. 2. Letter No. R.49-KOM/04/2025 dated April 30, 2025
Every directive and recommendation resulting from these regarding the Response to the First Quarter 2025
meetings is formally documented through letters from the Performance of PT BRI (Persero) Tbk.
Board of Commissioners to the Board of Directors as part of 3. Letter No. R.88-KOM/08/2025 dated August 5, 2025
a structured check-and-balance mechanism. regarding the Response to the Second Quarter 2025
Performance of PT BRI (Persero) Tbk.
Further examination of strategic issues is also carried out 4. Letter No. R.121-KOM/10/2025 dated October 29, 2025
through meetings of the Committees under the Board of regarding the Response to the Third Quarter 2025
Commissioners in accordance with the respective scope Performance and the 2026 RKAP of BRI.
of duties of each Committee. Working visits to business
units and operational regions are also conducted to obtain The Board of Commissioners continuously performs an active
direct insights into the implementation of strategies, the supervisory function over the Company’s risk-based strategy
effectiveness of internal controls, and the quality of the at each process level (risk process-based oversight), in
Company’s policy implementation in the field. accordance with its duties and authority. Throughout 2025,
the Board of Commissioners provided adequate advice,
In exercising its authority, the Board of Commissioners direction, and recommendations to Management based on
provides opinions, responses, approvals, or decisions on the results of such oversight, including on the implementation
proposals submitted by the Board of Directors, which are of strategies, the execution of the Company’s policies, and the
formalized in the form of approval letters or decision letters granting of certain approvals in accordance with applicable
in accordance with the Company’s Articles of Association regulations and its authority. The advice, directions, and
and applicable laws and regulations. recommendations provided include, among others:
Throughout 2025, the Board of Commissioners held 21 Supervision by the Board of
(twenty-one) joint meetings with the Board of Directors Commissioners over the Formulation
(Rakomdir) and 74 (seventy-four) Internal Meetings of the and Implementation of Strategy
Board of Commissioners (Rakom). These meetings focused by the Board of Directors
on deliberating the Company’s strategic and critical matters,
including requests for approval and the adoption of resolutions The Board of Commissioners continuously performs active
within the scope of the Board of Commissioners’ authority. supervision over the Company’s strategy using a risk-
based approach at each process level (risk process-based
Approvals granted throughout 2025 included, among others, oversight) in accordance with its duties and authorities.
the Company’s Work Plan and Budget (RKAP) and strategic Throughout 2025, the Board of Commissioners provided
plans contained in the Bank Business Plan, corporate actions advice, guidance, and recommendations to Management
within the authority of the Board of Commissioners, provision based on the outcomes of such oversight, including with
of funds to related parties, the Sustainable Finance Action respect to the implementation of the Company’s strategies
Plan, review and approval of the Risk Appetite Statement, and policies, as well as granting certain approvals in
Recovery Plan, and Resolution Plan, as well as other decisions accordance with applicable regulations and within the scope
falling under the authority of the Board of Commissioners in of its authority. The advice, guidance, and recommendations
accordance with the Articles of Association and applicable provided include, among others, the following:
regulations.
74 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Supervision of Strategy Formulation in accordance with OJK regulations and internal policies
in a disciplined and targeted manner, while taking into
Throughout the 2025 financial year, the Board of account the business prospects of the debtors.
Commissioners carried out active supervision over the 3. Funding Aspects, including supervision over BRI’s
process of formulating the Company’s Work Plan and condition and strategy in managing liquidity positions
Business Plan, as well as other corporate strategic initiatives, and securities positions.
among others by: 4. Policy Aspects, including active supervision of Human
1. Conducting in-depth discussions on macroeconomic Capital Policy, General Policy on Equity Participation,
assumptions, credit growth projections, funding General Risk Management Policy, Policy on the Write-off
strategies, the IT Strategic Plan and Architecture, of Non-Performing Loans to Micro, Small, and Medium
Governance and Security Systems of BRI applications, Enterprises, as well as review of the Risk Appetite
as well as Funding Transactions & Distribution strategies. Statement (RAS), Recovery Plan, and Resolution Plan,
2. Providing strategic input related to strengthening the to ensure that all policies remain relevant, prudent, and
micro and MSME core business as BRI’s competitive aligned with applicable regulations.
advantage, governance of BRI’s People’s Business Credit 5. Compliance, Anti-Fraud, and AML/CFT/PF Aspects
(KUR), and governance of Micro Business KPIs down to The Board of Commissioners places serious attention
the Micro Loan Officer level. on strengthening compliance, anti-fraud measures,
3. Emphasizing the importance of balancing growth and and the prevention of money laundering as key pillars
asset quality through strengthened risk management in maintaining the integrity and reputation of the
and prudential banking principles. Company. In this regard, the Board of Commissioners
4. Directing that the Company’s strategy align with actively supervises and provides direction to the Board
shareholder policies and support the national of Directors to continuously strengthen customer
development agenda. identification systems, enhance the effectiveness of
transaction monitoring, intensify coordination with
The Board of Commissioners ensures that the strategies relevant authorities, and consistently implement the
established by the Board of Directors have undergone Zero Fraud Program across all organizational levels to
comprehensive, data-based assessments and have taken reinforce stakeholder trust in the Company’s governance
into account external conditions, including global financial practices.
market volatility and developments in banking sector 6. Internal Audit and Internal Control Aspects
regulations. The Board of Commissioners recommends that the
internal audit function continue to be optimized so that it
Supervision of Strategy Implementation not only detects potential irregularities at an early stage
but al so acts as a catalyst for strengthening corporate
In carrying out its oversight of strategy implementation, the governance, internal controls, and the implementation of
Board of Commissioners provides strategic direction and a strong risk culture.
recommendations to the Board of Directors to undertake 7. Financial Conglomeration Aspects
measured and timely mitigation actions, including the In terms of financial conglomeration, the Board of
following: Commissioners, as the supervisory organ of the Financial
1. Strategic Aspects, including supervision over the Conglomeration Holding Company, oversees the policies
formulation of strategies for each business segment within and management implemented by the Board of Directors,
the Company, macroeconomic projections, human capital including oversight of the transformation of Financial
strategy and roadmap, IT strategic plan and enterprise Conglomeration Members in line with the strengthening
architecture, transformation of the branch network, early of BRI’s financial conglomeration governance framework,
fraud detection, strengthening risk management across including the implementation of POJK 30/2024. The
business segments, governance and performance of Board of Commissioners provides strategic direction
e-channels, progress of the implementation of Internal to ensure that each Financial Conglomeration Member,
Control over Financial Reporting (ICoFR), as well as the particularly subsidiaries, consistently identifies and
implementation progress of Environmental, Social and follows up on strategic issues within their respective
Governance (ESG) initiatives and green financing. entities, conducts evaluations and enhances the maturity
2. Credit Aspects, including follow-up on the management of integrated governance with priority given to entities
of Loan at Risk (LaR), review of high-risk debtors that still have maturity gaps, and optimizes integration
across each segment and product, supervision of the and strategic alignment among Financial Conglomeration
restructured debtor portfolio, and assessment of the Members covering governance, risk management,
quality and portfolio of earning assets. The Board of internal control, and human capital aspects in order to
Commissioners also directed that the implementation of strengthen the ecosystem and increase sustainable
credit relaxation and restructuring policies be carried out contributions to the performance of the BRI Group.
PT Bank Rakyat Indonesia (Persero) Tbk 75
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Report of The Board of Directors
and Board of Commissioners
Strengthening Corporate Governance Economic Conditions Directly Affecting
and Risk Management the Company’s Performance
The Board of Commissioners ensures that all strategies Throughout 2025, the global economy faced heightened
implemented by the Board of Directors are based on uncertainty, marked by escalating geopolitical risks in
the principles of Good Corporate Governance (GCG), the Middle East, tensions between the United States and
supported by an adequate internal control system and an Venezuela, and evolving import tariff policies that increased
integrated risk management framework aligned with the pressure on global supply chains and trade. Nevertheless,
scale, complexity, and risk profile of the Company. The global economic performance demonstrated stronger
Board of Commissioners’ oversight focuses on compliance resilience than initially expected, particularly supported by
with regulatory requirements and supervisory authority improvements in the second half of 2025. The International
provisions, strengthening risk culture across all levels Monetary Fund (IMF) revised its global economic growth
of the organization, and maintaining transparency and projection upward to 3.3% from the previous estimate of 2.8%,
accountability in every strategic decision-making process. in line with persistent disinflation trends, monetary easing by
Based on the results of its supervision throughout 2025, the several major central banks, and accelerated investment in
Board of Commissioners assessed that the Board of Directors the technology sector, particularly artificial intelligence.
has managed the Company in a prudent, adaptive, and
responsive manner in addressing the business environment, Looking ahead, global economic growth in 2026 is expected
while maintaining a balance between achieving business to moderate amid persistent geopolitical risks and the
growth targets and managing risks in a measured manner. potential fragmentation of global supply chains. However,
The Board of Commissioners will continue to encourage the the continued disinflation trend and a more accommodative
strengthening of governance and risk management as the monetary policy stance are expected to support global
foundation of the Company’s sustainability in creating long- economic stability.
term value for all stakeholders.
Indonesia’s economy demonstrated solid resilience despite
Referring to Financial Services Authority Regulation (POJK) the challenging global landscape. Based on official data from
No. 5/POJK.03/2016 concerning the Bank Business Plan, Statistics Indonesia (BPS), Indonesia’s GDP grew by 5.10%
the Board of Commissioners is required to supervise the in 2025, up from 5.03% in 2024, with GDP at current prices
implementation of the Bank Business Plan, which includes, reaching IDR23,821.1 trillion and GDP per capita at IDR83.7
among others, management policies and strategies. The million, equivalent to USD5,083.4. Growth was primarily
results of such supervision are set out in the Report on the supported by household consumption, which grew by
Supervision of the Implementation of the Bank Business 4.98%, and stronger investment, which increased to 5.09%,
Plan, which is submitted to the Financial Services Authority while exports of goods and services recorded the highest
(OJK) every semester. During the reporting period, the Board growth at 7.03% year-on-year.
of Commissioners has submitted the supervision reports as
follows: Indonesia’s inflation rate in 2025 was recorded at 2.92%
1. Report on the Supervision of the Board of Commissioners year-on-year, remaining within Bank Indonesia’s target
of PT BRI (Persero) Tbk for the Second Semester of range of 2.5±1%. This condition provided room for Bank
2024, No. R.22-KOM/02/2025, dated February 17, 2025. Indonesia to reduce the BI Rate five times throughout
2. Report on the Supervision of the Board of Commissioners 2025, with a cumulative reduction of 125 basis points from
of PT BRI (Persero) Tbk for the First Semester of 2025, 6.00% to 4.75%, in order to support economic growth while
No. R.87-KOM/08/2025, dated August 5, 2025. maintaining exchange rate and financial system stability.
In addition to the reporting described above, as mandated From a fiscal perspective, the Government’s policy stance
by the Regulation of the Minister of State-Owned Enterprises in 2025 functioned as a stabilizing buffer, focusing on
No. PER-2/MBU/03/2023 dated 3 March 2023 concerning maintaining public purchasing power and sustaining
Guidelines for Corporate Governance and Significant household consumption momentum amid declining income
Corporate Actions of State-Owned Enterprises, the Board of levels among certain segments of society. By the end
Commissioners is required to prepare an annual report on of 2025, the Government strengthened support for the
the implementation of its supervisory and advisory functions national economy through an additional fiscal stimulus of
to the Board of Directors. The Board of Commissioners has approximately IDR48 trillion, primarily delivered through
fulfilled this obligation through the submission of Letter No. social assistance programs, labor-intensive programs, and
R.31-KOM/02/2025 dated 28 February 2025 regarding the labor incentives.
submission of the Board of Commissioners’ supervisory
report of PT Bank Rakyat Indonesia (Persero) Tbk for 2024.
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Looking forward, Indonesia’s economic growth in 2026 The banking industry also maintained strong capital
is projected to gradually strengthen and remain within the conditions as a buffer against various uncertainties. The
range of 5.1%–5.3%, in line with Bank Indonesia’s projections, Capital Adequacy Ratio (CAR) stood at 25.89% as of
supported by continued global and domestic monetary December 2025, declining by 80 basis points compared with
easing and sustained expansionary fiscal support. With the same period of the previous year. The capital level, which
strong policy coordination and gradual improvements in remains well above the regulatory minimum requirement,
domestic demand, Indonesia’s economy is expected to demonstrates that the Indonesian banking industry has a
remain on a positive and sustainable growth trajectory. solid foundation to continue supporting sustainable national
economic growth.
Amid global and domestic macroeconomic conditions
characterized by uncertainty, Indonesia’s banking industry Within the framework of the Asta Cita agenda, the Government
demonstrated stable and resilient performance throughout has formulated a series of strategic programs aimed at
2025. The resilience of the banking industry was reflected promoting sustainable and inclusive economic growth. As an
in positive growth in assets, loans, and third-party funds, as agent of development, BRI actively supports these programs
well as well-maintained asset quality and capital adequacy. through the distribution of People’s Business Credit (KUR),
Ultra Micro Financing (UMi), social assistance programs,
From an asset perspective, the banking industry recorded total Housing Finance Liquidity Facility (FLPP), and various other
assets of IDR13,646.42 trillion as of December 2025, increasing government credit schemes to expand access to financing
by IDR1,185.46 trillion or 9.51% year-on-year. This growth was and strengthen the domestic economic foundation. The
driven by continued strong loan expansion, with total industry Board of Commissioners views these programs as an
loans reaching IDR8,693.97 trillion, increasing by IDR862.41 effective catalyst to strengthen the fundamentals of the
trillion or 11.01% year-on-year. This loan growth indicates that national economy. Synergy between the Government’s
demand for financing in Indonesia remained strong despite fiscal policies in supporting the business sector—including
ongoing global economic and geopolitical uncertainties. the MSME ecosystem—and Bank Indonesia’s pro-growth
monetary and macroprudential policies, supported by BRI’s
On the funding side, third-party funds (DPK) in the banking active role, will be able to drive national economic growth
industry recorded positive growth. As of December 2025, and strengthen the resilience of the banking industry.
total industry DPK reached IDR10,057.54 trillion, increasing
by IDR1,220.30 trillion or 13.81% year-on-year, primarily View on the Performance
driven by a 12.79% year-on-year growth in current accounts. of the Board of Directors
The credit quality of the banking industry also showed As mandated by prevailing laws and regulations as well
improvement. The Non-Performing Loan (NPL) ratio as of as the Company’s Articles of Association, the Board of
December 2025 was recorded at 2.05%, relatively stable Commissioners consistently performs its supervisory and
compared with the same period in the previous year and well advisory functions toward the Board of Directors to ensure that
below the regulatory threshold of 5%. The amount of loans the Company is managed in accordance with the principles
restructured due to the COVID-19 pandemic continued to of good corporate governance. The Board of Commissioners
decline in line with the national economic recovery, reflecting recognizes that the challenges faced throughout 2025
structural improvements in portfolio quality. required prudent and measured responses. In this context,
the Board of Commissioners actively maintained intensive
However, the banking industry faced several challenges communication and coordination with the Board of Directors
throughout 2025, particularly related to liquidity conditions. to discuss various strategic and significant issues, including
The Loan to Deposit Ratio (LDR) was recorded at 85.35% supervision of the implementation of the 2025 Bank
as of November 2025, declining by 3.32% compared with Business Plan, the direction of the Company’s development
88.57% in December 2024. This more accommodative through the BRIVolution Reignite transformation, and the
liquidity condition was partly influenced by the Ministry of strengthening of internal control systems.
Finance regulation issued in September 2025 regarding the
placement of excess budget balance funds (Saldo Anggaran Despite various external challenges, the Company recorded
Lebih/SAL) amounting to IDR200 trillion in Himbara banks. solid performance throughout the 2025 financial year. BRI’s
total consolidated assets grew by 7.2% year-on-year to
In terms of profitability, liquidity conditions also put pressure IDR2,135.4 trillion, driven by strong credit expansion. Loans
on the Net Interest Margin (NIM), which declined slightly and financing increased by 12.3% year-on-year to IDR1,521.5
by 6 basis points but remained at a relatively strong level trillion, surpassing the national banking industry’s credit
of 4.56% as of December 2025. The banking industry growth of 9.6%. This growth was largely contributed by the
continued to record net profit of IDR262.18 trillion through MSME segment, which continues to dominate the Company’s
December 2025, with the industry’s Return on Assets (ROA) loan portfolio, reaffirming BRI’s consistency as an agent of
remaining stable at 2.51%.
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development in strengthening the people’s economy. The Overall, BRI Group recorded consolidated net profit of
Company also consistently served as the primary distributor IDR57.13 trillion, supported by comprehensive improvements
of People’s Business Credit (KUR), with total disbursement in fundamental performance.
reaching IDR178.1 trillion to 3.8 million debtors throughout 2025.
The Board of Commissioners appreciates the success
Asset and loan growth were supported by a stronger and of the Board of Directors in maintaining profitability and
healthier funding structure. Third-party funds (DPK) grew executing the BRIVolution Reignite transformation strategy
by 7.4% year-on-year to IDR1,466.8 trillion, with the CASA with discipline amid the highly challenging conditions
ratio increasing to 70.61% from 67.30% in the previous throughout 2025. The Board of Commissioners recognizes
year, reflecting the success of the Transform the Funding that this positive financial performance is inseparable from
Franchise strategy in strengthening the low-cost funding continuous collaboration and transformation across various
base through optimization of digital channels and deeper aspects, including human capital, business, operations,
integration of transaction ecosystems. BRImo users reached technology, as well as the strengthening of Environmental,
45.9 million (+18.9% year-on-year) with transaction value Social, and Governance (ESG) practices.
totaling IDR7,076.9 trillion (+26.4% year-on-year), while the
AgenBRILink network reached more than 1.19 million agents Based on the results of its supervision throughout 2025, the
with transaction volume reaching IDR1,746.2 trillion, further Board of Commissioners assessed that the Board of Directors
strengthening service outreach across the country. has formulated strategies that are realistic and based on the
Company’s competitive advantages, implemented these
Asset quality remained a primary focus. The consolidated strategies in a disciplined manner while maintaining quality
NPL ratio was maintained at 3.07% at the end of 2025, while growth, and managed risks adequately.
the Loan at Risk (LaR) ratio improved significantly from
10.70% to 9.61%. Provisions were maintained at adequate Going forward, the Board of Commissioners will continue
levels, with LAR Coverage at 56.81% and NPL Coverage to strengthen its active strategic oversight, particularly
at 178.06%, demonstrating the Company’s readiness to in ensuring the acceleration of digital transformation,
anticipate potential risks. The Special Mention Loan (SML) strengthening the ultra-micro ecosystem, and integrating
ratio also improved to 3.84% from 4.82% in the previous sustainability aspects into the Company’s business model.
year, supported by strengthened early warning systems, The Board of Commissioners advises the Board of Directors
strengthened data-driven monitoring, as well as disciplined to continue advancing BRI’s transformation journey by
restructuring and recovery measures. maintaining effective communication and collaboration across
all levels of the organization, including with regulators and
In terms of income, consolidated Net Interest Income relevant stakeholders, thereby not only achieving sustainable
(NII) reached IDR150.5 trillion, increasing by 5.5% year- growth but also creating long-term value for all stakeholders.
on-year, with the consolidated Net Interest Margin (NIM)
maintained at 7.81%. Improvements in the cost of funds
through CASA growth were able to offset yield pressures, View on the Business Prospects
thereby maintaining profitability. Pre-Provision Operating Prepared by the Board of Directors
Profit (PPOP) grew by 2.6% year-on-year to IDR119.4 trillion,
reflecting strong core income capacity. The efficiency The dynamics and challenges of the global and domestic
ratio (Cost to Income Ratio/CIR) was recorded at 42.55%, economy—marked by geopolitical uncertainty, trade tariff
remaining within the Company’s guidance corridor. policies, pressures on public purchasing power, accelerated
digital transformation, and climate change issues—are
The performance of BRI Group’s Subsidiaries also projected to continue in the coming years. In response to
contributed increasingly significantly. Total assets of these challenges and as part of the Company’s efforts to
Subsidiaries grew by 23.3% year-on-year to IDR267.0 trillion, create healthy, competitive, and sustainable growth, BRI
while net profit increased by 16.1% year-on-year to IDR10.4 launched the BRIVolution Reignite transformation program
trillion, contributing 18.2% to total consolidated profit. in 2025. This transformation is built upon two main pillars:
Synergies among entities within the BRI Group continue to Transform the Funding Franchise to strengthen a more
be strengthened through an integrated ecosystem approach, efficient funding structure based on low-cost funds, and
including the development of Second Engines of Growth Revamp Existing Core and Build New Core to strengthen
in the Consumer and CSME segments, as well as Bullion the core business while developing new growth engines in
services through Pegadaian. the consumer, commercial, and bullion services segments.
These pillars are supported by the development of world-
The Company’s capital position remained strong with a class foundations, which include strengthening human
Capital Adequacy Ratio (CAR) of 23.52%, providing sufficient capital, risk management, technology and digital capabilities,
room to support sustainable expansion of productive lending. distribution, operations, and corporate rebranding.
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The Board of Commissioners views that the business View on the Implementation
prospects prepared by the Board of Directors for the of Bank Governance
upcoming period have adequately taken into account
macroeconomic dynamics, the direction of regulatory BRI remains committed to consistently implementing
policies, as well as potential global and domestic risks. corporate governance across all levels of the organization
The relatively stable outlook for national economic growth in accordance with applicable regulations and best practices
supported by the industrial downstreaming agenda, in corporate governance implementation within the financial
strengthening of MSMEs, infrastructure development, industry, thereby supporting sustainable performance and
and digital transformation—provides opportunities for the protecting the interests of all stakeholders. In carrying out
Company to continue expanding productive financing. its supervisory function, the Board of Commissioners seeks
Nevertheless, potential global and domestic risks, changes to ensure that the management conducted by the Board of
in global interest rates, exchange rate pressures, and the risk Directors complies with prevailing laws and regulations and
of global economic slowdown remain factors that must be provides the necessary advice on every strategic action in
carefully anticipated. order to achieve the Company’s objectives.
As part of the overall supervisory process, the Board of The Board of Commissioners assessed that throughout 2025,
Commissioners has approved the Bank Business Plan (RBB) the Company consistently and sustainably implemented the
for 2026–2028. The business prospects prepared by the Board principles of Corporate Governance. The application of the
of Directors are considered sufficiently relevant in aligning principles of transparency, accountability, responsibility,
external trends and global and domestic macroeconomic independence, and fairness was clearly reflected in
assumptions with the Company’s capabilities and strategic strategic decision-making processes, financial reporting,
positioning. The strategic plan has been formulated with risk management, and relationships with stakeholders.
destination statements for each phase that are aligned as The check-and-balance mechanism between the Board
part of the BRIVolution Reignite transformation journey, in line of Commissioners and the Board of Directors operated
with the Company’s vision to Deliver Sustainable Values and effectively through meeting forums, the submission of
Integrated Solutions to Achieve Indonesia’s Aspiration. The written recommendations, and approval processes within
Company has also established measurable guidance for 2026, the respective authorities, all of which were formally
including loan growth of 7%–9%, Net Interest Margin (NIM) in documented as part of supervisory accountability.
the range of 7.4%–7.8%, credit cost of 2.9%–3.2%, and a Cost-
to-Income Ratio (CIR) of 41%–43%, reflecting the commitment Internal control functions, internal audit, external audit, and
to maintaining a balance between growth and quality. the compliance function demonstrated increasingly strong
and integrated roles throughout 2025, including within
The Board of Commissioners also emphasizes the importance the context of the BRI Group financial conglomeration.
of maintaining a balance between accelerated growth and The implementation of Internal Control over Financial
portfolio quality, while ensuring that business expansion Reporting (ICoFR) continued to be strengthened to maintain
remains within the Company’s risk appetite and capital the integrity and accuracy of financial reporting. The
capacity. Strengthening risk culture, governance discipline, enhancement of the Whistleblowing System, which is now
and readiness to face various stress test scenarios must managed by an independent party, further reinforces the
continue to form an integral part of the Company’s strategy violation reporting mechanism by ensuring confidentiality,
implementation going forward. anonymity, and protection for whistleblowers. Follow-up on
audit findings was carried out in a disciplined manner and
The Board of Commissioners consistently advises the Board monitored through digital dashboards as well as effective
of Directors to implement the transformation in a holistic communication with responsible parties for implementing
manner—not only in business and funding aspects but also in the recommendations. In the area of integrated risk
the comprehensive alignment of strategy and organizational management, the Company has prepared and updated the
structure—supported by strengthened risk management and Risk Appetite Statement, Recovery Plan, and Resolution Plan
the enhancement of risk culture embedded across all levels in accordance with regulatory provisions.
of employees. By taking into account the driving factors as
well as the challenges encountered in the implementation BRI continuously enhances governance practices through
of previous transformation initiatives as valuable lessons, policy updates, improvements in management processes,
the Board of Commissioners believes that the Board of and the optimization of outcomes that contribute to
Directors will be able to execute the strategy effectively and increasing the Company’s value in the eyes of stakeholders.
competitively. The Board of Commissioners has approved Oversight of governance implementation is reflected
the Bank Business Plan for 2026–2028 as well as the through inputs provided on policies and processes, including
Company’s Work Plan and Budget for 2026 as prepared by anti-bribery management systems, the management
the Board of Directors. of the Whistleblowing System, and the effectiveness of
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Report of The Board of Directors
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the compliance culture. The Company’s commitment to received an ESG Low Risk rating from Sustainalytics
achieving zero data breach for five consecutive years also and an “A” rating from MSCI, reflecting the Company’s
reflects the strength of its cybersecurity governance, which ongoing commitment to Environmental, Social, and
remains a key priority in the digital era. Governance (ESG) principles.
The Board of Commissioners observes that governance and These recognitions serve as clear evidence that the
compliance culture has become increasingly embedded implementation of Corporate Governance within the
across all levels of the organization. Nevertheless, Company has been effective and continues to improve
strengthening risk awareness, ensuring consistent year by year, thereby strengthening the confidence of
implementation of policies across all business units, and shareholders, investors, regulators, and all stakeholders in
enhancing the quality of documentation and monitoring the integrity and quality of BRI’s governance practices.
remain areas requiring continuous attention to ensure
governance standards that are increasingly robust and The implementation of Corporate Governance within the
adaptive to changes in the business environment. Company has been well established, as reflected in the
following components.
As part of its efforts to evaluate and assess Corporate
Governance internally, BRI refers to Financial Services Implementation of the Compliance Function
Authority Regulation (POJK) No. 17 of 2023 concerning
the Implementation of Governance for Commercial Banks, The implementation of BRI’s Compliance Function refers
SEOJK No. 13/SEOJK.03/2017, and other applicable to Financial Services Authority Regulation (POJK) No.
regulations. Internal evaluation and assessment are 46/POJK.03/2017 concerning the Implementation of the
conducted through a self-assessment process every Compliance Function for Commercial Banks, as well as
semester. The results of the self-assessment form part of the POJK No. 17 of 2023 concerning the Implementation of
bank soundness assessment submitted to the regulator. The Governance for Commercial Banks. The Board of Directors
Company’s implementation of governance is based on the is committed to ensuring compliance with all applicable
five fundamental principles of Corporate Governance and laws and regulations. As part of this commitment, the
is carried out through periodic assessments of 11 (eleven) Compliance Function Work Unit consistently plays a role
Corporate Governance factors as stipulated by the regulator. in identifying potential compliance risks and providing
This assessment is not limited to the parent company but is recommendations to ensure that all policies, procedures, and
also conducted together with Subsidiaries within the context business activities of the Company comply with regulatory
of the BRI Group financial conglomeration, reflecting the requirements, both at the strategic and operational levels.
comprehensive implementation of Corporate Governance The Board of Commissioners ensures that regular reporting
across the aspects of governance structure, governance on the implementation of the compliance function is carried
process, and governance outcome. out transparently, so that policy decisions are consistently
based on prudential principles and in line with regulatory
In 2025, the Company’s Corporate Governance was also provisions.
assessed by external parties, further reinforcing BRI’s
position as one of the companies with the highest governance The Board of Commissioners together with the Board of
standards in the region, with the following results: Directors continues to encourage the optimal implementation
1. ASEAN Corporate Governance Scorecard (ACGS) — BRI of the compliance function across all levels of the organization
received the Top 3 Public Listed Company in Indonesia with continuously improving quality. In this regard, the Board
and ASEAN Asset Class recognition in the ACGS ranking of Commissioners consistently provides advice to the Board
organized by the ASEAN Capital Market Forum (ACMF), of Directors and all employees to strengthen the compliance
reflecting the Company’s consistency in meeting the culture, adhere to Standard Operating Procedures (SOP)
highest governance standards in the ASEAN region. and operational technical guidelines, and conduct ongoing
2. Corporate Governance Perception Index (CGPI) — monitoring and supervision. The Board of Commissioners
BRI once again participated in the CGPI assessment also emphasizes that the Board of Directors should promptly
organized by The Indonesian Institute for Corporate fulfill commitments and follow up on audit findings issued
Governance (IICG) and received the Most Trusted by external parties or regulators. In addition, the Board of
Companies title with an index score of 95.31, reaffirming Commissioners ensures that the implementation of Anti-
the high level of trust in the Company’s governance Money Laundering (AML), Counter-Terrorism Financing
practices. (CTF), and Counter-Proliferation Financing of Weapons
3. S&P Global Corporate Sustainability Assessment (CSA) of Mass Destruction (CPF) policies remains a top priority
— BRI achieved a score of 74 in the 2025 S&P Global CSA in supporting sound and responsible banking services in
and became a member of the Sustainability Yearbook for accordance with regulatory standards.
four consecutive years (2023–2026). In addition, BRI
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Considering the increasingly dynamic changes in external across its four pillars: prevention, detection, investigation and
regulations and the growing complexity of the Company’s enforcement, as well as monitoring and evaluation.
business scope, the Board of Commissioners directs that
every new regulation issued by the regulator be subject to Under the Prevention Pillar, the Company implemented
impact analysis and periodic evaluation of its implementation. the signing of integrity pacts starting from the Board of
This is particularly important for regulations related to BRI’s Commissioners and Board of Directors through to all
governance as a financial conglomerate, where the quality employees, conducted employee awareness and customer
of implementation must be monitored holistically both at BRI awareness programs through education and socialization
as the parent company and across all related Subsidiaries. initiatives, identified potential vulnerabilities through control
weakness analysis, and strengthened the Know Your
The Board of Commissioners also observed that the trend Employee (KYE) program to detect employees with high-risk
of fraud within the Company continues to increase despite potential based on specific parameters.
various preventive and enforcement measures that have been
undertaken, including the involvement of law enforcement Under the Detection Pillar, the Company receives and
authorities. In this regard, the Board of Commissioners has follows up on complaints through the Whistleblowing System
directed the Board of Directors, through the Compliance and (WBS), which is currently managed by an independent
Human Capital functions, to strengthen compliance policies party, conducts surprise inspections, and enhances the
and monitoring comprehensively, build a stronger risk supervisory dashboard and Fraud Detection System (FDS)
culture across all levels of the organization, and accelerate through the addition of critical indicators.
and enhance the effectiveness of service level agreements
(SLA) and follow-up procedures for case handling to ensure Under the Investigation, Reporting, and Enforcement Pillar,
the creation of a tangible deterrent effect for all parties. the Company conducts investigations and reports fraud
incidents to the Regulator in accordance with applicable
The Company’s compliance risk profile in 2025 was rated regulations, carries out recovery processes, and imposes
at level 2 (Low to Moderate). The Board of Commissioners sanctions on fraud perpetrators.
assessed that the implementation of the Company’s
compliance function has generally been effective. Under the Monitoring, Evaluation, and Follow-Up Pillar, the
Nevertheless, the Board of Commissioners continues to Company organizes the Risk Management Forum (FMR)
encourage greater awareness of compliance culture across to discuss the handling of both internal and external fraud
all levels of the organization, particularly in the areas of cases, implements fraud recovery programs, and cooperates
reporting compliance and fraud control. Such strengthening with law enforcement authorities in addressing fraud
includes proactive preventive measures (ex-ante) to perpetrators.
minimize potential violations, as well as curative actions (ex-
post) as measurable and accountable corrective efforts, in The Board of Commissioners has monitored and evaluated
order to maintain the trust of all stakeholders in the integrity the Anti-Fraud Strategy on a semi-annual basis, including
and reliability of the Company’s operations. providing input to the Board of Directors regarding the
strengthening of strategies across all pillars, as well as
Anti-Fraud Strategy monitoring corrective actions and recovery efforts related
to fraud incidents. Based on the results of this oversight,
BRI has established an Anti-Fraud Strategy policy aligned the Board of Commissioners provided several strategic
with OJK Regulation No. 12 of 2024 concerning the directives to the Board of Directors.
Implementation of Anti-Fraud Strategies for Financial
Services Institutions, which has been translated into First, considering that the largest internal fraud modus
the Company’s internal policies. The policy reflects remains related to invalid documentation in the credit
management’s commitment to controlling fraud through a approval process, the Board of Commissioners directed
comprehensive internal control system and demonstrates management to strengthen controls in the first line of defense,
the serious attention of both the Board of Commissioners improve document verification and validation processes, and
and the Board of Directors by implementing a zero-tolerance reinforce a culture of compliance and accountability among
principle toward any form of fraud, whether originating from all personnel involved in the credit process.
internal or external parties.
Second, the Board of Commissioners emphasized that
Throughout 2025, the Board of Commissioners actively although a zero-tolerance policy has been established, the
provided recommendations to strengthen controls related to effectiveness of sanction enforcement must continue to
fraud incidents in order to reduce potential losses and reinforce be evaluated so that execution can be faster, firmer, and
ongoing preventive measures. Management has continuously capable of creating a tangible deterrent effect. Sanctions
improved the implementation of the Anti-Fraud Strategy must clearly reflect the Company’s commitment to the
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Report of The Board of Directors
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zero-tolerance principle, thereby fostering an organizational 2. Reinforcement of Regulations - In order to strengthen
culture that upholds integrity. the implementation of Corporate Governance principles
and prevent corruption within BRI, the Board of
Third, the Board of Commissioners recommended Commissioners, the Board of Directors, and all BRI
strengthening the roles of the second line and third line of employees across Indonesia are required to comply with
defense within credit operations, particularly during the the Company’s gratuity-related policies. These include
stage after approval but before disbursement, to ensure the prohibition of giving gratuities, the prohibition and
stricter verification and validation of credit documentation. obligation to refuse gratuities, as well as the obligation
In implementing this recommendation, the Board of to report any gratuity-related violations through the
Commissioners also emphasized the need to consider the Whistleblowing System (WBS).
geographical characteristics of BRI’s operational units, 3. Education and Socialization Programs - As part of
especially those located in remote areas, to ensure effective internalization efforts to enhance understanding of the
controls across the entire operational network. Anti-Bribery and Gratuity Control Policy, the Gratuity
Control Unit, in collaboration with BRI Corporate
The Board of Commissioners considers that efforts to University, conducted an e-learning socialization program
address fraud cannot stand alone but must be integrated through the BRISmart application on Anti-Bribery and
with the strengthening of the Anti-Money Laundering Gratuity Control, targeted at all BRI employees.
(AML), Counter-Terrorism Financing (CTF), and Counter- 4. Reporting of Gratuity Acceptance or Rejection - During
Proliferation Financing of Weapons of Mass Destruction 2025, the Gratuity Control Unit received 12 gratuity
(CPF) frameworks, as well as legal governance and the reports, which were subsequently processed in
overall compliance function. This integrated approach is accordance with applicable regulations. This included
necessary to ensure that all lines of defense within the forwarding reports to the Corruption Eradication
Company operate synergistically in safeguarding operational Commission (KPK) as mandatory gratuity reports, as
integrity and maintaining the trust of all stakeholders. well as categorizing other reports that fall under non-
mandatory reporting categories.
The Board of Commissioners continuously urges the
Board of Directors and all BRILiaN personnel to remain The Board of Commissioners views that the implementation
vigilant toward evolving fraud schemes, safeguard the of gratuity control within the Company has been carried out
Company’s reputation, and uphold the trust of the public and effectively. The Board of Commissioners also emphasizes
shareholders as the most valuable assets for the Company’s that internal gratuity control must continue to receive
long-term sustainability. ongoing attention to ensure that BRI’s business processes
are conducted in accordance with applicable business ethics
Gratification Control and to uphold the value of integrity.
BRI remains committed to managing gratification control Whistleblowing System
through the implementation of its Anti-Bribery and
Gratification Control Policy. This policy serves as a guideline As part of its commitment to the implementation of Good
for all BRI personnel to prevent gratification and bribery Corporate Governance and the strengthening of the detection
practices that could harm the Company and contradict pillar of the Anti-Fraud Strategy, the Company provides a
the principles of Good Corporate Governance (GCG). This violation reporting channel through the Whistleblowing System
commitment is realized by establishing a conducive control (WBS). This mechanism is designed as a strategic instrument
environment in accordance with the Board of Directors’ to identify potential fraud and violations at an early stage,
Circular Letter on Anti-Bribery and Gratification Control at BRI. mitigate reputational risks, and promote an organizational
culture that upholds integrity and accountability.
The Company has established the BRI Gratification Control
Unit, which develops work programs, provides information In 2025, the Company implemented significant
services, and facilitates gratification reporting. Additionally, enhancements to the governance of the WBS by transferring
BRI continuously enhances anti-fraud detection using big the management of the system to an independent third
data analytics to improve the effectiveness of monitoring party. This step was taken to strengthen the protection of
and prevention of activities that do not align with corporate whistleblowers’ confidentiality, ensure impartial handling of
governance principles. Throughout 2025, the Company has complaints, and increase stakeholder trust in the credibility
implemented various gratification control programs, including: and effectiveness of the reporting mechanism. The WBS
1. Gratuity Control Commitment - The Board of reporting channels are accessible through various media,
Commissioners, the Board of Directors, and all employees providing convenience and flexibility for both internal and
signed BRI’s anti-gratuity commitment through the code external reporters of the Company.
of ethics declaration and the signing of integrity pacts.
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2025
The Board of Commissioners regularly monitors and is conducted through meetings with the Director in charge
evaluates the effectiveness of the WBS implementation. of Risk Management as well as other relevant Directors
In carrying out this function, the Board of Commissioners depending on the discussion topics, and through direct
is supported by the Audit Committee, the Internal Audit discussions with the Risk Management Work Unit in reviewing
Work Unit (SKAI), and other related units in conducting reports submitted by the Board of Directors. Throughout
the evaluation, analysis, and follow-up of all complaints 2025, the Board of Commissioners reviewed and approved,
received. Each report is handled in accordance with the among others, the Risk Management Policy, Risk Appetite
principles of transparency, objectivity, and full protection Statement, Recovery Plan, Resolution Plan, Loan Portfolio
for whistleblowers, including safeguards against retaliation Guideline, Quarterly Risk Profile, AML–CTF–CPF framework,
from reported parties. Bank Soundness Level, and the Anti-Fraud Strategy.
The Board of Commissioners assesses that the management As the Holding Company of the BRI Financial Conglomeration,
of the Whistleblowing System (WBS) throughout 2025 the implementation of Integrated Risk Management
has shown notable progress, particularly in terms of constitutes a crucial aspect in identifying and managing
management independence and the quality of complaint risk exposures arising from conglomeration activities in a
handling. All reports received during 2025 have been comprehensive manner. At the supervisory level, the Board
followed up in accordance with the applicable procedures, of Commissioners is assisted by the Integrated Governance
and the outcomes have been reported periodically to the Committee with an approach that encompasses capital
Board of Commissioners through the Audit Committee. management and risk management across both operational
The integration of the WBS with the Corruption Eradication and business domains throughout BRI’s organizational
Commission (KPK) has been maintained as a reflection of structure and the members of the Financial Conglomeration.
the Company’s joint commitment to combating corruption. The Company has established the BRI Financial
The Board of Commissioners has also directed the Board Conglomeration Integrated Governance Guidelines as a
of Directors to continue expanding the socialization and form of compliance with prevailing regulations, including the
education of the WBS to all BRILiaN personnel as well as implementation of POJK 30/2024, the application of which
external stakeholders, so that this reporting mechanism continues to be refined in line with the increasing number of
becomes more widely recognized, trusted, and embedded Subsidiaries within the conglomeration structure.
as an integral part of efforts to foster a clean, professional,
and high-integrity working environment. The Board of Commissioners assesses that the
implementation of the Company’s risk management system
Risk Management Implementation throughout 2025 has been carried out effectively and in a
proactive manner. This is reflected in the maintenance of
Amid increasing global and domestic economic uncertainty the Composite Risk Profile Rating at the Low to Moderate
that may give rise to various risks, the Board of Commissioners level and the Bank Soundness Rating at the Healthy level
consistently enhances the intensity of its oversight over the based on the results of the self-assessment of key banking
effectiveness of risk management implementation to ensure risks as of the fourth quarter of 2025. This achievement
the realization of sound and sustainable business growth. indicates that the Company has been able to effectively
maintain a balance between business growth and risk
The Company has established an integrated Governance, control. The Board of Commissioners advises the Board of
Risk Management & Compliance (GRC) framework to Directors to consistently maintain the risk profile rating and
control risks and ensure compliance across all business bank soundness level at an optimal level, not only at BRI as
pillars and supporting functions, so that the achievement the parent entity but also across all entities within the BRI
of performance targets goes hand in hand with operational Group, as a foundation for sustainable value creation for all
excellence. The Company’s risk management framework is stakeholders.
based on four main pillars: active supervision by the Board
of Directors and the Board of Commissioners; adequacy of Internal Control System
policies, procedures, and risk limit determination; adequacy
of risk identification, measurement, monitoring, and control All BRI management and employees share responsibility for
processes supported by adequate information systems; and ensuring the implementation and continuous enhancement
a comprehensive internal control system. of a reliable and effective internal control system. Oversight
of the implementation of the internal control system is
In performing its active oversight function, the Board carried out by the Board of Commissioners through periodic
of Commissioners is assisted by the Risk Management meetings with the Board of Directors and Executive Officers
Oversight Committee to ensure that the Company’s risk to review the effectiveness of the internal control system
management practices meet the adequacy requirements of and to provide direction for strengthening controls across all
risk management procedures and methodologies. Oversight Company activities.
PT Bank Rakyat Indonesia (Persero) Tbk 83
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Report of The Board of Directors
and Board of Commissioners
The Internal Audit Work Unit (SKAI) periodically reports audit Fourth, optimizing the overall audit function so that it not
findings from both internal and external auditors, including only detects potential irregularities at an early stage but also
the status of follow-up actions. On a regular basis, SKAI also acts as a catalyst for strengthening corporate governance,
conducts Internal Control Assessments to ensure that the internal control, and the implementation of a sound risk
internal control system—covering the five main components culture through constructive audit recommendations.
based on The Committee of Sponsoring Organizations
of the Treadway Commission (COSO) Internal Control– Fifth, strengthening the early warning system mechanism
Integrated Framework—has been effectively implemented. in risk management, including monitoring key debtors not
These components include the Control Environment, Risk only based on internal performance evaluations but also
Identification and Assessment, Control Activities and supported by comparative analysis of industry conditions
Segregation of Duties, as well as Accounting, Information, and trends. This approach is intended to enable sharper risk
and Communication Systems. identification and earlier detection of potential risks.
The Board of Commissioners plays an active role in In line with business developments, the Company
overseeing and fostering a strong control culture within BRI. In continues to strengthen its internal control system through
carrying out this responsibility, the Board of Commissioners the implementation of the Internal Control over Financial
is supported by the Audit Committee to ensure that risk Reporting (ICoFR) roadmap in accordance with the
management remains within the established risk appetite, established transformation journey. This implementation aims
supported by governance processes and systems that to ensure the reliability of consolidated financial statements,
are implemented effectively and adequately. Through the improve the efficiency and effectiveness of business
Audit Committee, regular monitoring is conducted on the processes through stronger internal controls, maximize
effectiveness of the internal control system as well as the data and information accuracy, strengthen the adequacy of
follow-up actions and improvements on issues that may existing policies, and foster a risk-aware culture. ICoFR is
reduce control effectiveness. also designed to provide reasonable assurance as an early
warning system, enabling all lines of defense to function
Based on the reviews conducted throughout 2025, including synergistically in implementing combined assurance, thereby
the evaluation of the Summary of Internal Audit Findings enhancing value creation for stakeholders.
(SKAI), the Board of Commissioners concluded that the
Company’s internal control system has been implemented The Board of Commissioners urges Management to remain
in accordance with prevailing control principles and has committed to strengthening the internal control system and
generally functioned effectively. Nevertheless, the Board of ensuring that the implementation of ICoFR is carried out
Commissioners identified several areas that require further consistently not only at the parent company level but also
strengthening and has provided the following directives to across all subsidiaries, in order to support stronger integrated
the Board of Directors: governance across all entities within the BRI Group.
First, enhancing the effectiveness of surprise audits Corporate Social Responsibility and ESG
conducted by SKAI through increasing the frequency and
expanding the scope of examinations. These audits should BRI has developed a sustainability strategy with the aspiration
not be limited to cash-related aspects but should also cover to become a Catalyst for Sustainable Growth, focusing on
credit processes, compliance with business procedures, three main pillars: Sustainable Growth, Social Impact, and
and system controls that may pose operational risks. This Responsible Leadership. The Company’s commitment to
enhancement should also be supported by adequate auditor sustainable business practices is reflected through various
manpower in terms of both quantity and competence. strategic programs and initiatives implemented throughout
2025, which are not only oriented toward economic value
Second, strengthening coordination between SKAI and creation but also toward generating positive impacts for
relevant work units to ensure that all internal audit findings society and the environment.
are followed up comprehensively and in a timely manner in
accordance with the agreed corrective action plans. In driving long-term value creation through sustainable
governance practices, BRI conducts the identification of
Third, consistently implementing the Zero Fraud Program material issues using the Double Materiality Analysis (DMA)
through the development of a strong integrity culture, method. This approach evaluates issues that are most
improving the effectiveness of internal control systems, and relevant and have significant impacts on both the Company’s
enforcing a zero-tolerance policy toward any form of fraud financial performance (financial materiality) and its social
across all levels of the organization. SKAI is expected to and environmental impacts (impact materiality), with the
enhance the effectiveness of risk-based auditing, particularly involvement of key stakeholders. Throughout 2025, the
in areas with a high risk of fraud. Company obtained input from a wide range of stakeholders,
84 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
including management and employees, investors, customers, various green initiatives that support the achievement of Net
the Government, suppliers, non-governmental organizations, Zero Emissions targets; and the social dimension through the
and other relevant parties. Disclosures related to materiality AURA program, which empowers women entrepreneurs.
are presented by adopting the IFRS S1 and IFRS S2 reporting
frameworks in the Company’s 2025 Sustainability Report. In supporting the Company’s consistency in implementing
the Sustainable Finance Roadmap, the Board of
BRI continues to strengthen the integration of Environmental, Commissioners actively conducts oversight through
Social, and Governance (ESG) aspects into the Company’s meetings with the Board of Directors as well as field visits.
strategy and business activities to ensure sustainable growth. This includes providing approval for the Sustainable Finance
This commitment is reflected through enhanced management Action Plan (RAKB) for the short-term period of 2026 and
of environmental and social risks within business processes, the long-term period of 2026–2030, to ensure that the
the implementation of decarbonization strategies through implementation of the programs is carried out consistently
emissions management and climate risk analysis, as well as and that a sustainability culture has been adopted across
the development of a financing portfolio for Environmentally BRI’s work units. The Board of Commissioners appreciates
Sustainable Business Activities (KUBL) that supports more the Company’s consistency in integrating sustainability
environmentally friendly economic activities. The Company principles into its core business strategy, including the
views these initiatives as an important part of maintaining implementation of the BRI Peduli program, and has directed
business resilience amid the dynamics of the transition that these initiatives continue to be strengthened so that
toward a low-carbon economy. they deliver measurable and sustainable impacts for society,
while further reinforcing BRI’s position as a responsible
At the same time, BRI continues to expand its contribution financial institution in the eyes of all stakeholders.
to improving public welfare through strengthening financial
inclusion and enhancing financial literacy. Various initiatives
have been implemented to expand access to financial Performance Assessment
services, particularly for MSMEs and communities across of Committees Under the Board
Indonesia, including those in 3T regions (Disadvantaged, of Commissioners
Frontier, and Outermost Regions), while also encouraging
healthier financial management practices among customers. To support the active role of the Board of Commissioners
These efforts are accompanied by strengthened customer in carrying out its duties and responsibilities, the Board of
protection measures through the implementation of Commissioners has established four committees, namely:
transparency principles, data security safeguards, and 1. Audit Committee
effective complaint-handling mechanisms, ensuring that The Audit Committee reports to the Board of
the banking services provided are not only inclusive but Commissioners and provides independent opinions
also responsible and oriented toward the best interests of on matters requiring the attention of the Board of
customers. Commissioners in accordance with the principles
of Corporate Governance and applicable laws and
All of these initiatives are supported by the strengthening of regulations. The Audit Committee’s oversight activities
the Company’s governance framework, the implementation of include evaluating and ensuring the effectiveness of the
business ethics, and human capital management that focuses internal control system, including the implementation
on the development of employee competence, integrity, and of both internal and external audits and their follow-up
well-being. BRI believes that a strong governance foundation actions, assessing the effectiveness of the independent
is key to maintaining stakeholder trust and ensuring the long- auditor, monitoring compliance with regulations
term sustainability of the Company. within the Company, ensuring the effectiveness of the
Whistleblowing System (WBS) as a transparent reporting
As a structured manifestation of the Company’s commitment channel, monitoring and providing input on the design
to social and environmental responsibility, BRI implements and preparation of the Internal Control over Financial
the BRI Peduli program, which aims to become a driver Reporting (ICoFR) implementation process as well as
of shared value creation that empowers communities, the implementation of integrated internal controls, and
stimulates economic activity, and restores the environment. performing other duties as detailed in each section
The program is implemented through four main initiatives: relating to the Board of Commissioners’ committees.
BRI Peduli Flagship Program, Work Unit Initiatives, Disaster
Emergency Response, and Stakeholder Programs. These The Board of Commissioners believes that the Audit
initiatives cover the economic dimension through MSME Committee performed its duties and responsibilities
empowerment and financial literacy programs extending to effectively throughout 2025, having held 28 (twenty-
3T regions; the environmental dimension through programs eight) meetings during the year.
such as Jaga Sungai Jaga Kehidupan, Grow & Green, and
PT Bank Rakyat Indonesia (Persero) Tbk 85
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Report of The Board of Directors
and Board of Commissioners
2. Nomination and Remuneration Committee 4. Integrated Governance Committee
The Nomination and Remuneration Committee reports The Integrated Governance Committee reports to the
to the Board of Commissioners and supports the Board of Commissioners and carries out oversight
effective execution of the Board of Commissioners’ responsibilities related to the implementation of
duties and responsibilities relating to the nomination comprehensive and effective governance that applies the
and remuneration of members of the Board of Directors principles of transparency, accountability, responsibility,
and the Board of Commissioners, in accordance with independence (or professionalism), and fairness in an
applicable laws and regulations and the principles of integrated manner across the Financial Conglomeration.
Corporate Governance. The appointment and dismissal
of members of the Nomination and Remuneration The monitoring activities conducted by the Integrated
Committee are carried out by the Board of Commissioners. Governance Committee include overseeing the
continuous improvement of policies, procedures, and
To support the effectiveness of the Board of practices at all levels of the Company to ensure the
Commissioners’ oversight function, the Nomination and effectiveness of internal controls, compliance functions,
Remuneration Committee carries out, among others, and integrated risk management implementation.
the following activities: providing constructive advice
and recommendations on the nomination system and The Board of Commissioners believes that the Integrated
procedures for the Company’s management and the Governance Committee has performed its duties and
selection of management talent within BRI and its responsibilities effectively throughout 2025, having held
Subsidiaries; providing input on the results of strategic 21 (twenty-one) meetings during the year.
human capital policy reviews; evaluating the talent pool
list; providing recommendations on proposals for the The implementation of the committees’ work plans is carried
appointment of Subsidiary management in accordance out, among others, through Committee Meetings by inviting
with its authority; formulating the structure, policies, relevant Directorates, Subsidiaries, Divisions, and Work
and remuneration levels for members of the Board of Units, either directly or indirectly, to evaluate the reports
Directors and the Board of Commissioners; as well as submitted. These reports are subsequently reviewed by
performing other duties as detailed in each section of the each Committee, and the results of the review are submitted
Board of Commissioners’ Committees. in writing to the Board of Commissioners.
The Board of Commissioners is of the view that the Each year, the Board of Commissioners conducts a self-
Nomination and Remuneration Committee has carried out assessment of the effectiveness of the performance
its duties and responsibilities effectively throughout 2025, of the committees under its supervision. Based on the
having held 21 (twenty-one) meetings during the year. implementation reports of each committee’s work plan, the
Board of Commissioners concludes that throughout 2025,
3. Risk Management Oversight Committee the committees under the Board of Commissioners have
The Risk Management Oversight Committee reports to performed their duties and responsibilities effectively and
the Board of Commissioners and assists in evaluating and have provided views, recommendations, and inputs that
ensuring that the implementation of risk management support the Board of Commissioners in carrying out its
within the Company meets the adequacy requirements active oversight of the Company’s operations.
of risk management procedures and methodologies.
The monitoring activities carried out by the Committee Changes in the Composition
include evaluating and analyzing the Company’s of the Board of Commissioners
quarterly risk profile reports, monitoring the semi-annual
Bank Soundness Level, providing recommendations or Throughout 2025, one (1) change occurred in the
opinions on credit proposals above certain thresholds that composition of the Board of Commissioners. The changes
require consultation with the Board of Commissioners, in the composition of the Board of Commissioners are
conducting analyses and providing recommendations described as follows:
on key issues within BRI, as well as performing other
duties as detailed in each section relating to the Board of COMPOSITION OF THE BOARD OF COMMISSIONERS
Commissioners’ committees. BEFORE THE ANNUAL GENERAL MEETING OF
SHAREHOLDERS ON MARCH 24, 2025
The Board of Commissioners considers that the Risk The composition of the Board of Commissioners prior to the
Management Oversight Committee has performed its AGMS held on March 24, 2025 consisted of ten (10) members,
duties and responsibilities effectively throughout 2025, comprising 1 (one) President Commissioner, 1 (one) Vice
having held 24 (twenty-four) meetings during the year. President Commissioner/Independent Commissioner, 2 (two)
Commissioners, and 6 (six) Independent Commissioners, as
follows:
86 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Kartika Wirjoatmodjo : President Commissioner Independent Commissioner, Haryo Baskoro Wicaksono
as Independent Commissioner, Agus Riswanto as
Vice President Commissioner/
Rofikoh Rokhim : Independent Commissioner, and Heri Sunaryadi as
Independent Commissioner
Rabin Indrajad Hattari : Commissioner Independent Commissioner
2. Appointed Kartika Wirjoatmodjo as President
Awan Nurmawan Nuh : Commissioner
Commissioner, Parman Nataatmadja as Vice President
Dwi Ria Latifa : Independent Commissioner
Commissioner/Independent Commissioner, Helvi Yuni
Heri Sunaryadi : Independent Commissioner
Moraza as Commissioner, Edi Susianto as Independent
Paripurna Poerwoko Commissioner, and Lukmanul Khakim as Independent
: Independent Commissioner
Sugarda
Commissioner.
Agus Riswanto : Independent Commissioner
Nurmaria Sarosa : Independent Commissioner Thus, the composition of the Company’s Board of
Haryo Baskoro Commissioners following the AGMS held on March 24, 2025
: Independent Commissioner
Wicaksono consists of six (6) members, comprising 1 (one) President
Commissioner, 1 (one) Vice President Commissioner/
COMPOSITION OF THE BOARD OF COMMISSIONERS Independent Commissioner, 2 (two) Commissioners, and
AFTER THE ANNUAL GENERAL MEETING OF 2 (two) Independent Commissioners, in accordance with the
SHAREHOLDERS ON MARCH 24, 2025 applicable regulations, as follows:
Based on the resolutions of the Annual General Meeting of
Shareholders (AGMS) held on March 24, 2025: Kartika Wirjoatmodjo : President Commissioner
1. Honorably dismissed Kartika Wirjoatmodjo as President Vice President Commissioner/
Parman Nataatmadja :
Commissioner, Rabin Indrajad Hattari as Commissioner, Independent Commissioner
Dwi Ria Latifa as Independent Commissioner, Rofikoh Awan Nurmawan Nuh : Commissioner
Rokhim as Vice President Commissioner/Independent Helvi Yuni Moraza : Commissioner
Commissioner, Paripurna Poerwoko Sugarda as Edi Susianto : Independent Commissioner
Independent Commissioner, Nurmaria Sarosa as Lukmanul Khakim : Independent Commissioner
Closing
As closing statement, the Board of Commissioners would like to express its gratitude for the trust and confidence extended
by the shareholders and stakeholders. The Board also extends its appreciation to the Board of Directors, management, and all
BRILiaN personnel for their dedication and valuable contributions.
The Board of Commissioners recognizes BRI’s achievements are inseparable from the support of all stakeholders, including
shareholders, regulators, business partners, as well as the dedication of all BRILiaN personnel. As BRI marks its 130th anniversary
with a renewed identity and an even stronger spirit of transformation, the Board of Commissioners will continue to strengthen its
strategic oversight function to ensure that the Company remains adaptive, resilient, and capable of creating sustainable value.
With 130 years of service to the nation and a continuously strengthened transformation journey, the Board of Commissioners
believes that BRI possesses all the necessary resources not only to grow further but also to create broader and more meaningful
impacts on Indonesia’s economy—aligned with the Company’s vision: Deliver Sustainable Values and Integrated Solutions to
Achieve Indonesia’s Aspiration.
Jakarta, March 2026
On behalf of the Board of Commissioners
Kartika Wirjoatmodjo
President Commissioner
PT Bank Rakyat Indonesia (Persero) Tbk 87
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Report of The Board of Directors
and Board of Commissioners
The Board of Commissioners
3 1 4
1. Kartika Wirjoatmodjo: President Commissioner
2. Parman Nataatmadja: Vice President Commissioner/ Independent Commissioner
3. Lukmanul Khakim: Independent Commissioner
88 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
5 2 6
4. Helvi Yuni Moraza: Commissioner
5. Edi Susianto: Independent Commissioner
6. Awan Nurmawan Nuh: Commissioner
PT Bank Rakyat Indonesia (Persero) Tbk 89
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2025 Annual Report
Responsibilities
Statement Letter of Members of the Board of Directors
Regarding Responsibility for the 2025 Annual Report of
PT Bank Rakyat Indonesia (Persero) Tbk
We, the undersigned, declare that all information in the 2025 Annual Report of PT Bank Rakyat Indonesia (Persero) Tbk
has been presented completely, and we are fully responsible for the accuracy of the contents of the Company’s
Annual Report.
This statement was made with actual.
Jakarta, March 13, 2026
The Board of Directors
Hery Gunardi
President Director
Viviana Dyah Ayu R. K. Hakim Putratama Riko Adythia
Vice President Director Director of Operations Director of Corporate Banking
Aquarius Rudianto Farida Thamrin Akhmad Purwakajaya
Director of Network and Retail Funding Director of Treasury and International Banking Director of Micro
Alexander Dippo Paris Y. S. Saladin Dharma Nugraha Effendi Mahdi Yusuf
Director of Commercial Banking Director of Information Technology Director of Legal & Compliance
Aris Hartanto Achmad Royadi Ety Yuniarti
Director of Consumer Banking Director of Finance & Strategy Director of Risk Managment
PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Statement Letter of Members of the Board of Commissioners
Regarding Responsibility for the 2025 Annual Report of
PT Bank Rakyat Indonesia (Persero) Tbk
We, the undersigned, declare that all information in the 2025 Annual Report of PT Bank Rakyat Indonesia (Persero) Tbk
has been presented completely, and we are fully responsible for the accuracy of the contents of the Company’s
Annual Report.
This statement was made with actual.
Jakarta, March 13, 2026
The Board of Commissioners
Kartika Wirjoatmodjo Parman Nataatmadja
President Commissioner Vice President Commissioner/Independent Commissioner
Awan Nurmawan Nuh Helvi Yuni Moraza
Commissioner Commissioner
Edi Susianto Lukmanul Khakim
Independent Commissioner Independent Commissioner
PT Bank Rakyat Indonesia (Persero) Tbk
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92 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Company
Profile
“With over 7,000 domestic and nine overseas
business units, as well as an e-channel
network spread across Indonesia, BRI reaches
all customers equally, ensuring reliability
and high-quality service.”
PT Bank Rakyat Indonesia (Persero) Tbk 93
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Company Profile
Company
Identity
PT Bank Rakyat Indonesia (Persero) Tbk Short Name
Stock Line of Business Date of Establishment BRI
BBRI Banking December 16, 1895
Ownership
Listing in Indonesia
• The Government of the Republic of Indonesia
Stock Exchange
through the State-Owned Enterprises Regulatory Agency : 0.00 %
• PT Danantara Asset Management (Persero) : 53.19 %
The Company’s shares were
• Public : 46.81 %
listed on the Jakarta Stock
Description: As of December 31, 2025, the Government of the Republic of Indonesia held 1 Series A Dwiwarna
Exchange (now the Indonesia
Share through the State-Owned Enterprises Regulatory Agency and 80,610,976,875 Series B Shares through
PT Danantara Asset Management (Persero). Stock Exchange)
on November 10, 2003.
Office Network Data
• 1 Head Office • 6,885 Sub-Branch Offices*
• 18 Regional Offices • 3 Sub-Branch Overseas Offices
• 454 Branch Offices • 6 Mobile BRI Terraces
Number
• 6 Branch Overseas Offices • 4 Terraces BRI Ships of employees
* In accordance with POJK No.12/POJK.03/2021 concerning Commercial Banks, there are adjustments for
the bank office network consisting only of Head Office, Regional Office, Branch Office and Sub-Branch Office.
Thus, BRI classifies BRI Unit, Teras BRI and Cash Office as Sub-Branch Office. As of December 31, 2024, 84,949 people as of
there were 6,885 Sub-Branch Offices with details of 555 Sub-Branch Offices, 5,082 BRI Units,
758 Teras BRI and 490 Cash Offices. December 31, 2025.
Information Access
Head Office Corporate Secretary Group
Sentra BRI Dhanny Authorized
Jl Jend Sudirman Kav 44-46 Corporate Secretary Group Capital
Jakarta 10210 Gedung BRI 1, Lt. 15
Tel. : ( 021) 251-0244, 251-0254, Jl. Jend. Sudirman Kav. 44-46
251-0264, 251-0269, Jakarta 10210 IDR
15,000,000,000,000
251-0279 Email : humas@bri.co.id
Fax. : (021) 250-0077 Tel. : (021) 5751966
Website : www.bri.co.id Fax : (021) 5700916
Contact Address Investor Relation
Contact BRI : 1500017 Siaga Ridha Hutama
Email : callbri@bri.co.id Acting Group Head of Investor Relations
Sabrina Whatsapp : 0812 1214 017 Gedung BRI II Lt. 7 Fully Paid-In
Jl. Jendral Sudirman No-44-46 Jakarta Capital
Social Media Pusat 10210
BANK BRI @BANK_BRI Telp. : +62 21 575 2019
BANK BRI bankbri_id Fax : +62 21 575 2010 IDR
7,577,950,080,200
@BANKBRI_ID Email : ir@bri.co.id
Website : www.ir-bri.com
PT Bank Rakyat Indonesia (Persero) Tbk
94 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Office Addresses and/or Branch Offices
or Representative Offices
Regional Office
Region 1 / Regional Office Medan Region 2 / Regional Office Pekanbaru Region 3 / Regional Office Padang
Jl. Putri Hijau No. 2.A Jl. Jenderal Sudirman No. 12 Jl. Bagindo Azis Chan No. 30
Kel. Kesawan, Kec. Medan Barat Kel. Tangkerang Tengah Kec. Marpoyan Damai, Kel. Sawahan, Kec. Padang Timur
Kota Medan Kota Pekanbaru Kota Padang
Telp : (061) 45256666 Telp : (0761) 8011100, 7865018 Telp : (0751) 892309, 892310, 892311,
Fax : - Fax : - 892312
Email : b0201@corp.bri.co.id Email : x0855@corp.bri.co.id Fax : -
Web : www.bri.co.id Web : www.bri.co.id Email : c0205@corp.bri.co.id
Web : www.bri.co.id
Region 4 / Regional Office Palembang Region 5 / Regional Office Bandar Lampung Region 6 / Regional Office Jakarta 1
Jl. Kapten A. Rivai No. 15, Kel Sungai Jl. Raden Intan No. 51, Kel. Tanjung Karang Jl. Veteran II No. 8, Kel. Gambir,
Pangeran Kec. Ilir Timur I, Kec. Enggal, Kota Bandar Lampung, Kec. Gambir, Jakarta Pusat
Kota Palembang Lampung Telp : (021) 3840802
Telp : (0711) 313411 Telp : (0721) 259340 Fax : (021) 3854253
Fax : - Fax : - Email : e0199@corp.bri.co.id
Email : d0200@corp.bri.co.id Email : j0449@corp.bri.co.id Web : www.bri.co.id
Web : www.bri.co.id Web : www.bri.co.id
Region 7 / Regional Office Jakarta 2 Region 8 / Regional Office Jakarta 3 Region 9 / Regional Office Bandung
Gedung Menara Mulia Lt. 12 Jl. Kapten Soebianto Djojokusumo Kav BSD II Menara BRI Tower
Jl. Jend. Gatot Subroto Kav. 9-11, Kel. Karet No.1, BSD Kel. Lengkong Gudang, Jl. Asia Afrika 57 - 59, Kel. Braga,
Semanggi, Kec. Setiabudi, Jakarta Selatan Kec. Serpong, Kota Tangerang Selatan Kec. Sumur Bandung, Bandung
Telp : (021) 52920585, 52920581 Telp : (021) 22230155 Telp : (022) 4200356
Fax : - Fax : - Fax : (022) 4232038
Email : i0317@corp.bri.co.id Email : q0853@corp.bri.co.id Email : f0198@corp.bri.co.id
Web : www.bri.co.id Web : www.bri.co.id Web : www.bri.co.id
PT Bank Rakyat Indonesia (Persero) Tbk 95
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Company Profile
Region 10 / Regional Office Semarang Region 11 / Regional Office Yogyakarta Region 12 / Regional Office Surabaya
Jl. Teuku Umar no 24 Kel. Jatingaleh Jl. Cik Di Tiro No. 3 Kel. Terban, Gedung BRI Tower
Kec. Candisari Kota Semarang Gondokusuman, Kota Yogyakarta Jl. Basuki Rahmat No.122 - 138, Embong
Telp : (024) 8440728, 8440729, 8440730 Telp : (0274) 520270, 510850 Kaliasin, Kec. Genteng, Kota Surabaya
Fax : (024) 8445632 Fax : (0274) 514166 Telp : (031) 5324225
Email : g0196@corp.bri.co.id Email : h0197@corp.bri.co.id Fax : -
Web : www.bri.co.id Web : www.bri.co.id Email : k0146@corp.bri.co.id
Web : www.bri.co.id
Region 13 / Regional Office Malang Region 14 / Regional Office Banjarmasin Region 15 / Regional Office Makassar
Jl. Laksamana Martadinata No. 80 Kel. Jl. Jend A. Yani KM 3,5 No. 151 Banjarmasin Jl. Jl. Ahmad Yani No. 8 Kel. Pattunuang
Sukoharjo Kec. Klojen, Kota Malang Kec. Banjarmasin Timur, Kel. Kebun Bunga, Kec. Wajo , Kota Makassar
Telp : (0341) 474949 Kalimantan Selatan Telp : (0411) 3613174, 312498
Fax : - Telp : (0511) 3252056 Fax : (0411) 312731
Email : r0854@corp.bri.co.id Fax : - Email : p0202@corp.bri.co.id
Web : www.bri.co.id Email : l0204@corp.bri.co.id Web : www.bri.co.id
Web : www.bri.co.id
Region 16 / Regional Office Manado Region 17 / Regional Office Denpasar Region 18 / Regional Office Jayapura
Jl. Sarapung No 4-6 Kel. Wenang Utara Jl. Dr. Kusuma Atmaja No. 1, Kel. Panjer, Gedung BRI Lantai 3-5. Jalan Pasific Permai
Kec. Wenang, Kota Manado, Sulawesi Utara Kec. Denpasar Selatan, Denpasar Komplek Ruko Dok 2, Kel. Bhayangkara,
Telp : (0431) 863778, 863592 Telp : (0361) 228715 Kec. Jayapura Utara, Jayapura
Fax : - Fax : (0361) 234796, 225791, 264858 Telp : (0967) 524488, 524453
Email : n0254@corp.bri.co.id Email : m0203@corp.bri.co.id Fax : -
Web : www.bri.co.id Web : www.bri.co.id Email : o0856@corp.bri.co.id
Web : www.bri.co.id
Overseas Branch Office
BRI New York Agency BRI Hong Kong Representative Office
140 Broadway, 36th Floor Room 1115, 11/F. Lippo Centre Tower II
New York, NY 10005 89 Queensway, Hong Kong
Telp : +1 (212) 379 3840-45 Telp : +852 2527 1318
Fax : +1 (212) 379 3850 Fax : +852 2861 3693
Email : briny@brinya.com Email : brihk@brihongkong.com
Web : www.brinya.com Web : www.brihongkong.com
BRI Cayman Island Branch BRI Singapore Branch
190 Elgin Avenue Grand Cayman, 50 Collyer Quay #08-06, OUE Bayfront,
KY1-9005, Cayman Islands Singapore 049321
Telp : +1 (212) 379 3840-45 Telp : +65 6805 0680
Fax : +1 (212) 379 3850 Fax : +65 6509 1742
Email : bri.cayman@bri.co.id Email : bri.sg@bankbri.com.sg
Web : - Web : www.bankbri.com.sg
BRI Timor Leste Colmera Branch BRI Taiwan Branch
BRI Colmera Branch 1F, No. 166, Sec. 3, Nanjing East Road,
Grand Diocese Colmera Complex, Zhongshan District, Taipei City 104105,
Rua Nicolau Doc Reis Lobato Colmera Dili, Timor Leste Taiwan – R.O.C
Telp : +670 3311372 Telp : +886 2 2721 6330
Fax : +670 3310198 Fax : +886 2 2721 0320
Email : timorleste@corp.bri.co.id Email : -
Web : - Web : www.britaipei.com
BRI Timor Leste Sub Branch Futuhada
Time Square Complex, Rua Nicolau Doc Reis Lobato Fatuhada,
Timor Leste
Telp : +670 3310436
BRI Timor Leste Sub Branch Hudilaran
Top One Complex, Rua Hudilaran Bairopite, Timor Leste
Telp : +670 3311378
BRI Timor Leste Sub Branch Audian
Rua 12 De Novembro No. 2, Santa Cruz - Municipiu, Timor Leste
Telp : +670 3311208
96 PT Bank Rakyat Indonesia (Persero) Tbk
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Company
Brand
The BRI logo is as follows: Corporate Colour
Nusantara Blue Mentari Blue
Philosophy of Tagline: Nusantara Blue Cakrawala Blue
“Bank Rakyat Indonesia”
Reflecting “Universal” character for all
levels of Indonesian society. Furthermore,
the tagline represents product diversity and
financial services owned by BRI. Based on
BRI’s national mandate and mission which
are known as The People’s Bank. With The main blue color remains the fundamental element in the Company’s brand identity, which
the existence of ‘Bank Rakyat Indonesia’ reflects the continuity of BRI’s values and heritage as well as strengthening relevance amidst
philosophy it is hoped that BRI can become current development. As the corporate color, blue reflects the stability, trust and integrity that
a consumer-oriented brand representation have been rooted in the corporate journey, and has been transformed to support BRI’s future
of the Brand Idea that is: ‘supporting every growth direction. This main color is reinforced by a secondary color palette in the form of richer
ambition throughout Indonesia’ shades of blue, which is designed to represent the company’s values which are progressive,
inclusive and oriented towards the needs of customers and stakeholders.
The meaning of logo:
In its implementation, the combination of blue and white creates a balanced, spacious and
The newest BRI logo is designed while
modern visual arrangement. This visual approach not only reflects respect for the Company’s
maintaining distinctive and easily
foundation and journey, but also emphasizes BRI’s commitment to continuing to transform in a
recognizable icon as a symbol of strength
sustainable manner, in line with the implementation of good corporate governance and long-
and brand equity that has been firmly
term growth strategies.
established in the minds of customers.
Improvements were made by smoothing
Corporate Font
the curves on the icon and wordmarks to
present a more friendly, dynamic and modern
BRI uses the Inter Font. A sans serif typeface designed specifically for digital
character.
displays. This letter is easy to read and very flexible to use. Its clean and
modern appearance reflects BRI’s confidence in offering banking solutions,
The choice of a brighter blue color is an
while remaining friendly and easily accessible to various groups. With a wide
evolution of BRI’s signature color which
choice of thicknesses and styles, Font Inter helps maintain consistency and
reflects the progressive spirit, adaptive to
flexibility across all BRI media, strengthening recognition and trust in every
digital development, and BRI’s readiness to
interaction.
face the future. Overall, the combination of
these elements reflects the balance between
Corporate Supergraphics
BRI’s heritage values with the vision as a
universal bank that is modern, relevant, and
oriented toward customer needs.
The blue color will remain at the core of BRI’s
identity, bridging tradition with a modern
image. Nusantara Blue is enriched with a
secondary blue palette to reflect progressive
Supergraphic that represents stability, trust and strength as a trusted financial institution in the
and customer-centric values. A combination
community. BRI is evolving from a traditional institution to a progressive and digital financial
of Blue and White will be applied to create
ecosystem, while still maintaining trust and closeness with the community. This supergraphic
an aesthetic that is calm, contemporary, and
can be implemented in various visual image and video media.
firmly reflects BRI’s identity.
PT Bank Rakyat Indonesia (Persero) Tbk 97
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Company Profile
Brief History
of The Company
The history of PT Bank Rakyat Indonesia (Persero) Tbk “Aims and Objectives and Business
PT Bank Rakyat Indonesia (hereinafter referred to as “BRI”) was Activities” to comply with the provisions
established and started its commercial of Law of the Republic of Indonesia
(Persero) Tbk (“BRI”, “Bank”, operations on December 18, 1968 based No. 1 of Brief History of The Company
or “Company”) started in on Law no. 21 of 1968. On April 29, 1992, 1995 concerning “Limited Liability
1895 in Purwokerto, Central based on Government Regulation of the Company” and was ratified by the
Republic of Indonesia (“Government”) Minister of Justice of the Republic of
Java, by Raden Bei Aria No. 21 of 1992, the legal entity form of Indonesia with Decree No. C2- 24930.
Wirjaatmadja, originally BRI was changed to a Limited Liability HT.01.04.TH.98 dated November 13,
to manage mosques’ cash, Company (Persero). The transfer of BRI 1998, and was announced in the State
to become a Limited Liability Company Gazette of the Republic of Indonesia No.
to be distributed to the public was documented by deed No. 133 dated 86, Supplement No. 7216 dated October
using a simple scheme. July 31, 1992 before Notary Muhani Salim, 26, 1999 and deed No. 7 dated October
S.H. and was ratified by the Minister of 3, 2003 before Notary Imas Fatimah,
Justice of the Republic of Indonesia with S.H., related to the company’s status and
Decree No. C2-6584. HT.01.01.TH.92 adjustment to the Capital Market Law
dated August 12, 1992, and announced and was ratified by the Minister of Justice
in the State Gazette of the Republic of and Human Rights of the Republic of
Indonesia No. 73, Supplement No. 3A Indonesia with Decree no. C-23726
dated September 11, 1992. BRI’s Articles HT.01.04. TH.2003 dated October
of Association were later amended by 6, 2003 and had been announced in
Deed No. 7 dated September 4, 1998 the State Gazette of the Republic of
before Notary Imas Fatimah, S.H., article Indonesia No. 88, Supplement No. 11053
2 concerning “Term of Establishment of dated November 4, 2003.
the Company” and article 3 concerning
98 PT Bank Rakyat Indonesia (Persero) Tbk
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Based on Bank Indonesia Decree No. 5/117/ DPwB2/PWPwB24 Amendments to the Articles of Association from the Minister
dated October 15, 2003, regarding the “ Appointment Deed of Law and Human Rights of the Republic of Indonesia with
of BRI as a foreign exchange commercial bank”, BRI was Decree No. AHU-AH.01.03-0159493 dated March 12, 2021, and
designated as a foreign exchange bank through the Letter of the last time was amended in Deed Number 4 Dated October
the Monetary Board No. SEKR/BRI/328 dated September 25, 6, 2021 which was made before Notary Fathiah Helmi, SH in
1956. Jakarta and had received Notification of Amendment to the
Articles of Association from the Minister of Human Rights Law
Based on deed No. 51 dated May 26, 2008 before Notary of the Republic of Indonesia Number AHUAH.01.03-0457763
Fathiah Helmi, S.H., amendments were made to the Articles dated October 07, 2021.The changeswere made in order to
of Association of BRI, related to make adjustments to the comply with OJK Regulation (“POJK”) No. 15/ POJK.04/2020
provisions of Law of the Republic of Indonesia No. 40 of concerning the Plan and Implementation of the General
2007 concerning “Limited Companies” and Regulation of Meeting of Shareholders (“GMS”) of a Public Company and
the Capital Market and Financial Institutions Supervisory POJK No. 16/POJK.04/2020 concerning the Implementation
Agency (“Bapepam-LK”) (its function was transferred to the of the Electronic Public Company GMS, as well as paid-in
Financial Services Authority since January 1, 2013), No. IX.J.I capital.
concerning “The Principles of the Articles of Association of
Companies Conducting Public Offerings of Equity Securities Furthermore, BRI’s Articles of Association are documented in
and Public Companies”, which obtained approval from Notarial Deed No. 32 dated April 22, 2024, of Notary Fathiah
the Minister of Law and Human Rights of the Republic of Helmi, S.H., in Jakarta regarding amendments to the Articles
Indonesia with Decree No. AHU-48353.AH.01.02.Year 2008 of Association from the Minister of Law and Human Rights
dated August 6, 2008 and had been announced in the State of the Republic of Indonesia No. AHU-AH.01.03-0092097
Gazette of the Republic of Indonesia No. 68, Supplement No. dated April 23, 2024. The changes were made in the context
23079 dated August 25, 2009. of compliance with the OJK Regulation (“POJK”) No. 15/
POJK.04/2020 regarding the Plan and Organizing of Public
Furthermore, BRI’s Articles of Association were amended Companies’ General Meeting of Shareholders (“GMS”) and
several times. The latest amendments were documented POJK No. 16/POJK.04/2020 regarding the Electronic Holding
before the Notary Deed of Fathiah Helmi S.H., No. 3 dated of Public Company GMS, as well as paid-in capital.
March 9, 2021, regarding to several provisions of the Articles
of Association of BRI, which received the Acceptance of In 2025, amendments to the Articles of Association of
PT Bank Rakyat Indonesia (Persero) Tbk were stipulated in
Deed No. 15 dated April 22, 2025, drawn up before Fathiah
Helmi, S.H., a Notary in Jakarta, and have been acknowledged
through the Receipt of Notification of Amendment to the
Articles of Association issued by the Minister of Law of
the Republic of Indonesia as stated in Letter No. AHU-
AH.01.03-0126510 dated May 8, 2025.
The latest amendment to the Articles of Association of
PT Bank Rakyat Indonesia (Persero) Tbk was stipulated
in Deed No. 6 dated February 6, 2026, drawn up before
Fathiah Helmi, S.H., a Notary in Jakarta, and has been
acknowledged through the Receipt of Notification of
Amendment to the Articles of Association issued by the
Minister of Law of the Republic of Indonesia as stated in
Letter No. AHU-AH.01.03-0038855 dated February 11, 2026.
Based on Article 3 of BRI’s Articles of Association, the scope
of BRI’s activities is to conduct business in the banking
sector and to optimize the utilization of BRI’s resources in
order to deliver high-quality and highly competitive services,
generate profits, and enhance the Company’s value in
accordance with the principles governing Limited Liability
Companies.
The Government of the Republic of Indonesia is the controlling
shareholder of BRI.
PT Bank Rakyat Indonesia (Persero) Tbk 99
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Company Profile
Description of Name Change
December 16, 1895 July 10, 1912 October 3, 1942
De Poerwokertosche Hulp en Centrale Kas Voor Syomin Ginko
Spaarbank der Inlandsche Hoofden Volkscredietwezen Algemene
Hulp en Spaarbank der Inlandshe
Bestuurs Ambtenareen
De Poerwokertosche Hulp Spaaren
Landbouw Credietbank atau
Volksbank
August 11, 1897 February 19, 1934
De Poerwokertosche Hulp Spaaren Algemene Volkscredietbank (AVB)
Landbouw Credietbank
100 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
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September 24, 1960 November 10, 2003
Bank Koperasi Tani Nelayan (BKTN) PT Bank Rakyat Indonesia (Persero)
Tbk
February 22, 1946 December 18, 1968
Bank Rakyat Indonesia (BRI) Bank Rakyat Indonesia
(Bank Umum)
No. About Related Deeds/Regulations Date Notary Public
PP Number 1 of 1946 concerning
1. Establishment of BRI February 22, 1946 -
Bank Rakyat Indonesia
Law Number 21 of 1968 concerning
2. Establishment of BRI December 18, 1968 -
Bank Rakyat Indonesia
PP Number 21 of 1992 concerning Adjustment
Adjustment of the legal form
3. of theLegal Form of Bank Rakyat Indonesia April 29, 1992 -
of the Persero
to become a Limited Liability Company
Deed Number 133 concerning the Limited Liability
Approval of Deed of Establishment
4. Company (Persero) PT Bank Rakyat Indonesia July 31, 1992 Muhani Salim, S.H.
of Limited Liability Company
(Persero)
Deed Number 7 concerning Company Status
5. Initial Public Offering October 3, 2003 Imas Fatimah, S.H
& Adjustment to Capital Market Law
PT Bank Rakyat Indonesia (Persero) Tbk 101
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Profil
CompanyPerusahaan
Profile
Vision, Mission
and Corporate Culture
VISION
Deliver Sustainable
Values and Integrated Solutions
to Achieve Indonesia’s Aspiration
Creating sustainable value and integrated solutions
to realize Indonesia’s aspirations
Reviews of Vision and Mission
by The Board of Commissioners
and Board of Directors
In 2025, BRI introduced a new vision and mission, which Commissioners and the Board of Directors held on November
were approved by the Board of Commissioners and the 25, 2025, as part of the agenda for the approval of the Bank’s
Board of Directors. The updated vision and mission were strategic plan.
formally endorsed during the Joint Meeting of the Board of
102 PT Bank Rakyat Indonesia (Persero) Tbk
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MISSION
Providing trusted, integrated and innovative financial solutions for all segments of society
and business actors, in order to strengthen national economic resilience and accelerate
the achievement of Indonesia’s aspirations.
Become a home for the nation’s best talent by creating an inclusive, adaptive
and high performance-based work environment, thus making BRI an Employer of Choice
in the financial industry.
Increasing shareholder value and trust through sustainable profitability growth,
operational efficiency and superior corporate governance (Good Corporate Governance).
Become a catalyst for sustainable economic growth through support for MSMEs,
the green economy and digital-based innovation, in order to create broad societal
prosperity and Indonesia’s global competitiveness.
Corporate
Culture
BRI One Culture
BRI One Culture is used as a guideline for implementing and building a performance driven culture (performance-based
company culture) in achieving the company’s vision. BRI One Culture is based on the Brillian Way which functions as
the main values and behaviors that are internalized in the daily work activities of all BRILiaN people.
Core Values
On July 14, 2025, BRI officially established the Brilian The Brillian Way was formulated through a collaborative
Way as a work culture that guides the behavior of and participatory process between the Board of Directors
BRILian people in carrying out their roles, duties and together with Brillian personnel, thereby confirming
responsibilities. The Brillian Way reflects the character BRI’s commitment to strengthening corporate culture
and main values (values) of Brillian People as the main as a strategic pillar for accelerating transformation and
driver of the Company’s performance and transformation. achieving the Company’s long-term aspirations.
PT Bank Rakyat Indonesia (Persero) Tbk 103
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Company Profile
The Brillian Way consists of 5 (five) main values, namely Integrity, Collaborative, Accountability, Growth Mindset,
and Customer Focus. Each of these values has 3 (three) main behaviors that are expected to be carried out by all
BRILiaN People with the following details.
Integrity Collaborative
Uphold professionalism, ethics Synergize and
and honesty by considering contribute actively to
the risks in every action achieve common goals
1. Work professionally, 1. Placing the Company’s
implementing measurable interests above personal
governance and risk and team interests.
management. 2. Building open
2. Consistent in words and communication based on
deeds. the principle of mutual
3. Does not tolerate any trust.
form of violation and 3. Dare to have an opinion
gratification. and contribute actively
to achieve common goals.
Employee
Value BRI has also formulated and established unique attributes that
Proposition can provide visualization or images that can increase interest in
the best external talent (Star Talent) and build employee loyalty
and engagement in the BRI Group (Employee Value Proposition).
The Employee Value Proposition determined is “Memberi Makna
Indonesia” (Providing Meaning to Indonesia), where these attributes
are formulated by considering living values, attractive values, and
ideal values that live and develop at BRI.
BRI Group’s Employee Value Proposition is translated into 3 (three)
aspects, namely:
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Accountability Growth Mindset Customer Focus
Full responsibility for people Adaptive, innovative, Empathetic
development, discipline and open to the learning in providing services
in execution to achieve process at every stage & solutions that suit
optimal results of change customer needs
1. Responsible for healthy 1. Have an innovative 1. Providing fast, accurate
and sustainable growth. mindset to always service and meeting
2. Apply execution discipline progress and develop. customer needs.
for optimal results. 2. Be tough and never give 2. Always maintain good
3. Continue to develop up in achieving the best relationships with customers
yourself and your team. performance. for the benefit of the
3. Be open to input and Company.
constructive criticism. 3. Maintain confidentiality
and security of customer
data.
Learn
BRI Group is a place to learn and develop for every Insan BRILiaN, forming superior individuals who are tough,
dynamic, and relevant to current developments.
Grow
For every Insan BRILiaN, planning the future is not just a hope. The opportunity to achieve a career at BRI is wide open
for every Insan BRILiaN who is able to demonstrate consistently superior performance.
Contribute
BRI Group creates people who bring change, stars of life who change the economic life of society with enthusiasm,
without giving up. Together, creating and making life more meaningful.
PT Bank Rakyat Indonesia (Persero) Tbk 105
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Company Profile
Business
Activities
Business Activities According to The Article of Association
and Business Activities Conducted
The purpose and objectives of the Company, based on the latest amendment as stipulated in Deed of Amendment No. 15 dated
April 22, 2025, drawn up before Fathiah Helmi, S.H., Notary in Jakarta, and which has obtained Acknowledgment of Notification
of Amendment to the Articles of Association from the Minister of Law of the Republic of Indonesia as stated in Letter No.
AHU-AH.01.03-0126510 dated May 8, 2025, are to engage in banking business activities and to optimize the utilization of the
Company’s resources to produce high-quality and competitive services in order to obtain profits and enhance the Company’s
value, while adhering to the principles governing a limited liability company. In order to achieve the above purpose and objective,
BRI may undertake the following main business:
a. Collect funds from the public in the form of current i. Providing custodial service for the interest of other
accounts deposits, term deposit, certificates of deposit, parties under contract;
savings and/or other equivalent forms; j. Investing funds of one customer to another customer in
b. Distributing loans; the form of securities not listed on the Stock Exchange;
c. Issuing and/or purchasing, selling or guaranteeing at k. Purchasing through auction or in other ways the
their own risk or for the benefit and upon the request of collateral either in whole or in part in the event that the
their customers; debtor does not fulfill his obligations to the Company as
1. Bills of exchange including drafts and acceptance by a Bank, provided that the purchased collateral being can
the bank which validity periods are no more than the be liquidated immediately;
customary in the trade of the intended bills; l. Implementing factoring, credit card business, and trustee
2. Promissory note and other commercial papers which activities;
validity periods are no more than the customary in m. Financing and/or performing other activities based on
the trade of the intended bills; Sharia Principles, in accordance with the provisions
3. State treasury papers and government guarantee stipulated by the authorities;
instruments; n. Activities in foreign exchange by fulfilling provisions
4. Bank Indonesia Certificates; stipulated by the authorized;
5. Bond; o. Conducting receivables transfer activities;
6. Term commercial papers in accordance with the laws p. Performing equity participation in financial service
and legislations; institution and/or other companies supporting banking
7. Other securities in accordance with the laws and industry, such as leasehold, capital venture, securities
legislations; company, insurance, and Depository and Settlement
8. Each its derivative, other interest, or liability from Institutions, by satisfying provisions stipulated by
issuer in the common form traded in capital Market Financial Services Authority (“OJK”);
or Money Market. q. Engaging temporary equity participation to deal with
d. Conducting activities in payment system sector; nonperforming loans or financing default based of
e. Money transfer for self- interest or customers’ interest; Sharia Principles provided that the participation must be
f. Investing funds to, borrowing fund from, or lending withdrawn subject to the applicable provisions;
fund to other bank(s), both by means of letters, r. Acting for founder of a pension fund and pension fund
telecommunication facilities, or a sight draft, check, or administrators according to the provisions of statutory;
other means; s. Collaborating with other financial service institutions and
g. Receiving payment from the collection of commercial non-financial service institutions in providing financial
papers and make calculation with or between the third services to customers;
party; t. Conducting other activities with OJK’s approval in
h. Providing place to store securities and valuable items; accordance with the provisions.
106 PT Bank Rakyat Indonesia (Persero) Tbk
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Apart from the main business activities stated above, BRI can
carry out supporting business activities in order to optimize
the utilization of its resources to foster the main business
activities with due observance to the prevailing laws and
regulations. All business activities according to the Articles
of Association have been carried out by BRI.
Products and Services
Fund Raising
1. BRI Savings
d. Britama DHE
a. Britama Umum
A collaborative savings product between BRI and
A savings product that provides various conveniences
Bank Indonesia (BI) intended for exporter customers,
in carrying out banking transactions supported by real
to facilitate the placement of Foreign Exchange
time online system fund e-banking facilities which
Earnings.
will enable customers to make transactions anytime
and anywhere. Apart from that, BritAma savings have e. Britama Rencana
free accident insurance cover, e-banking features A term savings account that offers investment
and competitive interest rates. BRI BritAma Savings benefits as well as protection to help customers plan
is equipped with e-banking facilities that enable for future needs.
customers to conduct transactions conveniently f. Britama Investasi
anytime and anywhere, as well as complimentary A BritAma account that functions as a securities
personal accident insurance coverage. BRI BritAma transaction account in the capital market is known as
Savings offers various product variants, namely a Customer Fund Account.
BritAma Umum, BritAma Bisnis, BritAma Rencana, g. Britama Mitra
BritAma Mitra, BritAma TKI, and BritAma Valas, with BritAma variant designed to meet the needs of
foreign currency options including USD, SGD, AUD, parties collaborating with BRI.
EUR, CNY, AED, HKD, GBP, JPY, and SAR.
h. BritAma TKI
b. Britama Bisnis BRI BritAma TKI Savings is a savings product for
Savings product that provides various conveniences Indonesian Migrant Labor prospectus with various
in conducting banking transactions that support accessibilities and supported by e-banking facility
business, supported by a real time online e-banking and real time online system.
fund system facility that enable customers transaction
i. BRI Junio Savings
anytime and anywhere. Moreover, BritAma savings
BRI Junio is a savings product especially created for
has free accident insurance cover, E-banking feature
children, intended to introduce banking to children
and competitive interest rates and more detailed
and to nurture the habit of saving from an early
transaction records in the Savings book and bank
age. The BRI Junio savings comes with e-banking
statements request via email.
features, financial planning features (Junio Rencana),
c. Britama Prioritas personal accident insurance coverage for children,
BritAma variants aimed at Priority Customers and and a specially-designed Debit Card.
Private Customers, provide various privileges in
accordance with applicable regulations.
PT Bank Rakyat Indonesia (Persero) Tbk 107
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Company Profile
j. BRI SiMuda Savings s. Tabunganku Basic Saving Account
BRI SiMuda Savings is a savings product specifically BRI TabunganKu Basic Saving Account is a simple
designed by Bank Rakyat Indonesia (BRI) for youth, saving offered by Bank Rakyat Indonesia (BRI) as part
particularly student or youth intending to learn how of national program to improve financial inclusion
to manage fund early. It is designed to be accessible in community. The product is designed with basic
and used by youth customers with suitable features features and access simplicity so that it is suitable
for their needs in managing money. for all groups, mainly community intending to have
k. Haji BRI Savings their first savings.
Haji BRI Savings is a banking product that can be
used to prepare the implementation of hajj pilgrimage 2. Deposit BRI
cost (BPIH). Deposit BRI is a term deposit conducted by Bank BRI
in (IDR) Rupiah currency or foreign currency. Deposit BRI
l. Simpedes Reguler
offers various benefits, such as attractive interest and
Simpedes Savings is a savings product from BRI,
investment security.
intended for rural people but comes complete with
a. DepoBRI Rupiah
modern features such as an ATM card that provide
DepoBRI Rupiah is a term deposit in IDR currency,
access through other bank’s domestic ATM networks,
which its withdrawal can only be conducted in certain
supported by 24-hour Internet Banking and Mobile
term with attractive interest and various benefits.
Banking services.
b. DepoBRI Valas
m. Simpedes TKI DepoBRI Valas is a term deposit in foreign currency,
Simpedes TKI Savings is BRI Simpedes Saving, which its withdrawal can only be conducted in certain
only intended for Indonesian Migrant Labor with term with attractive interest and various benefits.
PPTKIS’ recommendation and served in all BRI Units.
The deposit can be conducted every time, and its 3. BRI Current Account
frequency and total of withdrawal are unlimited as BRI Current Account is a deposit product, which its
long as its balance is sufficient. withdrawal can be conducted anytime using bank draft/
n. Simpedes Impian demand deposit.
Simpedes Impian Savings is time deposit with routine a. BRI Rupiah Current Account
deposit and customers’ balance will be blocked BRI Rupiah Current Account is a type of deposits in
within certain period. IDR currency, which its withdrawal can be conducted
o. Simpedes Usaha anytime using bank draft (demand deposit), ATM
Simpedes Usaha Savings is a saving accommodating card, or other orders.
high transaction activity for micro entrepreneurs. b. BRI Valas Current Account
BRI Valas Current Account is a type of benefits
p. Simpedes BISA
in foreign currency, which its withdrawal can be
Simpedes BISA is BRI Savings designed to assist
conducted anytime using withdrawal order specified
customers in both savings and investment. Its
by BRI.
superiority of savings relies on its features and the
offered benefits. Three key features of Simpedes
BISA are “Saving/TRX” (holding account), “Investasi”
(time deposit account and Financial Institution
Pension Funds/DPLK), and “Proteksi” (AM-KKM
micro insurance, Rumahku and damages of business
site).
q. BRI Simpel Savings
BRI Simpel Savings is a saving for student issued
by Bank BRI with easy and simple requirements and
attractive features. It is for education and financial
inclusion to boost early savings culture.
r. Tabunganku
TabunganKu is a deposit product for individual
customer with easy and simple requirements issued
collectively by Indonesian banks to nurture savings
culture and improve society welfare.
108 PT Bank Rakyat Indonesia (Persero) Tbk
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Distribution of Funds
1. Bank Guarantee 7. BRIguna Loans
a. Tender/Bid Bond a. BRIguna Karya
Bank Guarantee is an indirect loan facility, where BRIguna Karya is loan or credit to active employees
BRI provides guarantee to obligor (third party) that having fixed income for consumptive purpose.
customers/ debtors can fulfill their obligations to Third b. BRIguna Karya Talangan
Party, Particularly in the Bank Guarantee service, BRIguna Karya Talangan is Briguna loan or credit
Bank BRI does not charge any interest to entrepreneur provided to active employees, who will enter pension
customers. age, maximally 1 (one) year before pension for
b. Advance Payment Bond consumptive and productive purposes.
Advance Payment Bond is advance payment c. BRIguna Purna
guarantee issued by a surety to guarantee the BRIguna Purna is Briguna loan or credit provided to
interests of the obligee. This guarantee applies when retired up to debtors aged 75 years old.
the recipient of the principal fails to fulfill its obligations d. BRIguna Karya Pendidikan
according to the contract agreement. e. BRIguna Purna Profesi
c. Performance Bond BRIguna Pra Purna Profesi is loan or credit to active
Performance Bond is one type of bank guarantees employees up to retiring period and having fixed
issued by BRI to ensure that customers can satisfy income for consumptive purpose.
their obligation. 8. Collection Non LC
d. Maintenance Bond a. Document Against Payment
Maintenance Bond is one type of bank guarantee b. Document Against Acceptance
offered by BRI through the QLola service by BRI. This
9. BRI Intraday Facilities
guarantee is a maintenance guarantee that can be
BRI Intraday facility is a service providing bail out to
used for various types of transactions, including bid
Operational Giro Account on behalf of securities entity.
bonds, performance bonds, advance payment bonds,
The bail out must be settled at the same day and used to
guarantees payment of government project, and
settle capital market transaction.
distributor guarantees.
e. Financial Bond 10. Forfaiting (Bank Risk)
f. Bond Payment Forfaiting (Bank Risk) is an international payment method,
g. Customs where a bank or financial institution purchase non-due
h. BG Year End payment liability (such as notes, securities, or bills) from
exporters or companies, at a discount, and transfer the
2. Bank Guarantee on Counter Guarantees Basis
risk of payment to themselves. In this context, bank risk
Bank Guarantee is a written guarantee provided bank to
refers to the risk taken by the bank doing the forfaiting,
customers in ensuring that business process performs
which is the risk that the debtor will not be able to make
in accordance with agreement. Bank guarantee can be
payments as scheduled.
used in various conditions, such as tender, advance
payment, and export-import trading. 11. KKB Multifance Cooperation (Join Financing)
KKB Multifinance Cooperation is Automobiles Loan (KKB)
3. Bank Loan Facility
products offered by banks, where Bank Rakyat Indonesia
4. Banker’s Acceptance (BRI) collaborates with multi-finance companies or
Banker’s Acceptance (BA) is an instrument of money financing institutions. KKB is a type of loan used to
market, such as term notes where its payment is insured purchase automobiles (such as cars or motorcycles)
by bank. BA is used as solution of default issues from with financing from banks or other financial institutions.
foreign trading, such as export and import. In the context of multifinance cooperation, bank works
5. Cashcoll Consumer with Cash Equivalent Collateral with financing companies to provide automobiles loan
6. Ceria by BRI facilities to customers.
CERIA is an online loan product distinguished from online
loan offered by Financial Technology (Fintech) institution.
The fundamental difference is that CERIA is managed by
financial institution, PT Bank Rakyat Indonesia (Persero)
Tbk, registered and tightly supervised by Financial
Services Authority so that customers’ data security is
more monitored and well-maintained.
PT Bank Rakyat Indonesia (Persero) Tbk 109
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Company Profile
12. KPR BRI g. KMK Small Dynamic
House Ownership Loan (KPR) BRI Housing Loan (KPR KMK Small Dynamic is a credit facility selectively
BRI) is a mortgage loan facility provided individually as provided by BRI to customers in the form of Working
solution to have residential, such as house, apartment, Capital Loans (KMK) or Investment Loans (KI), where
store-house or office-house through either developer or the applicable loan interest rate is automatically
non-developer. It prevails for new and second purchasing, adjusted (dynamically) on a monthly basis based on
refinancing, top up, development, renovation, and take the customer’s CASA ratio
over/take over top up from other banks. h. KMK Small Construction
a. KPR Small KMK Construction is working capital loan
b. KPR Subsidi to finance contractor’s/vendor’s working capital
c. KPR TAPERA necessity to complete Construction Service project in
13. Small Loans accordance with Work Agreement.
a. Small KI i. KMK Small Partner
Small KI is provision of loan facilities to corporate and/ BRI KMK Small Partner is one of financing products
or individual to finance long-term funds for purchasing, from Bank Rakyat Indonesia (BRI), specially designed
constructing, expansion, renewal/renovation of to support small business (SME) having developing
productive assets along with its additional costs. potential. BRI KMK (Small Partner Loan) is loan facility
b. KI Fixed Small Installment aimed to micro and small enterprises (MSME) actors,
KI Fixed Small Installment is a loan facility provided who are either engaging or starting business to assist
to debtor prospectus/debtors, where the installment them in achieving working capital or investment and
pattern is by fixed amount (comprising of principal expanding and developing their business.
and interest payments) in its period. This facility can j. KMK Small Gas Station
be used for productive purposes, such as investment KMK Small Gas Station is Loan Facility used to finance
loan. current assets and/or replace trade payables as well
c. KI Small Gas Station as finance corporate’s temporary routine operations,
KI Small Gas Station is Loan Facility provided to down payment, cash reserves, working capital
Corporate and/or individual to finance long-term refinancing or other working capital components.
funds for purchasing, constructing, expansion, k. KMK Small Foreign Exchange
renewal/renovation of productive assets along with its KMK Small Foreign Exchange is Loan Facility used
additional costs. to finance current assets and/or replace trade
d. KI Small Dynamic payables as well as finance corporate’s temporary
KI Small Dynamic is a selective loan facility provided routine operations, down payment, cash reserves,
by BRI to customers, either KMK or KI, where the working capital refinancing or other working capital
imposition of its interest rate may be subject to components. In general, KMK is short-term that
change automatically (dynamic) monthly based on can be permanent during loan term, or declines in
Customers’ CASA ratio. accordance with customers’ business cycle condition.
e. KMK Small l. KMK Small Franchise
KMK Small is a loan facility used to finance current KMK Small Franchise is Loan provided in working
assets and/or replace trade payables as well as capital and investment for franchises.
finance corporate’s routine operations temporarily, m. Small Cash Collateral Loan
down payment, cash reserves, working capital Small Cash Collateral Loan is Loan (either direct or
refinancing, or other working capital components. contingent), which all collaterals are cash or cash
Generally, KMK Small is short-term loan, or declining equivalent.
in accordance with customers’ business cycle.
f. KMK Fixed Small Installment
KMK Fixed Small Installment is a type of loan facilities
provided to debtor prospectus/debtors, where the
installment pattern is by fixed amount (comprising
of principal and interest payments) in its period. This
facility can be used for productive purposes, such as
working capital.
110 PT Bank Rakyat Indonesia (Persero) Tbk
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14. Corporate Loan h. Medium Dynamic KMK
Corporate Loan is a loan issued by a bank to a business Medium Dynamic KMK is a selective loan facility
entity. Corporate loan is a loan product that can help provided by BRI to customers in the form of KMK
companies develop their business. Through this or KI, the loan interest rate of which can change
corporate loan, companies can obtain business capital automatically (dynamically) every month based on
loans for a certain period of time. the customer’s CASA ratio.
a. KI Corporate i. KMK Partner Medium
b. KMK Corporate j. Seller Financing
c. KMK Buyer Financing
k. Buyer Financing
d. KMK Seller Financing
l. KMK Intermediate SPBU
e. KMK Corporate Construction
KMK Intermediate SPBU is a Loan Facility used
f. Short Term Loan (KJP)
to finance current assets and/or replace business
g. Medium Credit Corporate Collateral Cash Loans
debts, as well as temporarily finance the company’s
15. Intermediate Loan routine operational activities, down payments, cash
a. Intermediate KI reserves, refinancing working capital or working
Intermediate KI is the provision of loan facilities to capital components.
companies and/or individuals to finance long-term m. Medium Construction KMK
funding needs for the purpose of purchasing, building, Medium Construction KMK is a working capital loan
expanding, renewing (renovating) productive fixed to finance the working capital needs of contractors/
assets along with the associated costs. vendors to complete Construction Services projects
b. KI Middle Partner in accordance with the Work Contract.
c. KI Intermediate SPBU n. Medium Foreign Currency KMK
KI Intermediate SPBU is a loan facility provided Medium Foreign Currency KMK is a loan facility used
by companies and/or individuals to finance long- to finance current assets and/or replace business
term funding needs for the purchase, construction, debts, as well as temporarily finance routine
expansion, renewal/renovation of productive assets company operational activities, down payments,
and the associated costs. cash reserves, working capital refinancing or other
d. KI Intermediate Foreign Exchange working capital components. KMK is generally short-
KI Intermediate Foreign Exchange is the provision term which can be fixed during the loan period, or
of loan facilities to companies and/or individuals to decrease according to the customer’s business
finance long-term funding needs for the purpose turnover conditions.
of purchasing, building, expanding, renewing o. Special Transaction Loan
(renovating) productive fixed assets along with the
16. Non KUR Program Loan
associated costs.
S-SRG (Warehouse Receipt Subsidy Scheme)
e. KI Medium Franchise
17. Kredit Multiguna (KMG)
KI Medium Franchise is a loan provided in the form
of working capital and investment for franchise 18. Kupedes
businesses. Kupedes is a general loan that can finance all sectors
of the micro segment economy that can be used for
f. Medium Cash Collateral Loans
working capital needs and/or investment to individual
Medium Cash Collateral Loans are loans (either direct
debtors/individuals who meet the requirements.
or contingent) whose collateral is entirely in the form
a. Kupedes Rakyat KMK
of cash or cash equivalents.
b. Kupedes Rakyat KI
g. Medium KMK
c. Kupedes Rakyat TKI
Medium KMK is a loan facility used to finance current
d. Kupedes KMK
assets and/or replace business debts, as well as
e. Kupedes KI
temporarily finance routine company operational
f. Kupedes Special Interest Rates
activities, down payments, cash reserves, working
g. Kupedes 500 Million
capital refinancing or other working capital
h. Kupedes Primary
components. KMK is generally short-term which
i. KECE
can be fixed during the loan period, or decrease
j. Kupedes Cash Collateral
according to the customer’s business turnover
conditions.
PT Bank Rakyat Indonesia (Persero) Tbk 111
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Company Profile
19. KUR 23. SBLC/Demand Guarantee
KUR BRI is a People’s Business Loan which is a financing Standby L/C (SBLC) is a guarantee issued by BRI as the
service from Bank BRI for MSMEs and cooperatives. Issuing Bank to guarantee the Beneficiary if the Applicant
This program aims to help MSMEs in accessing capital, defaults on the contract/agreement that is the basis for
so that they can improve their welfare and encourage issuing the SBLC.
national economic growth. a. Bid Bond Stanby
a. KUR Supermicro BRI b. Advance Payment Standby
KUR Super Micro is a special financing facility for new c. Commercial Standby
customers who have never applied for loan services, d. Performance Bond Standby
which is primarily intended for workers who have e. Direct Pay Standby
been laid off or housewives who run a productive f. Counter Standby
business with a maximum loan of IDR10 million per g. Financial Standby
debtor with a maximum loan period of 3 (three) years 24. Shipping Guarantee
and or Investment Loan with a maximum loan term of
25. Supply Chain Financing (SCF)
5 (five) years.
SCF is a solution to help meet the capital needs of
b. KUR Micro KMK BRI
customer supply chains. With Supply Chain Financing,
KUR Micro KMK BRI is a financing facility for novice
BRI wants to be a business partner that provides added
micro entrepreneurs with a maximum loan of IDR50
value to customers. This solution allows Corporate
million per debtor which can be in the form of Working
customers who act as buyers to gain flexibility in
Capital Loan with a maximum loan period of 3 (three)
determining Terms of Payment without sacrificing the
years and or Investment Loan with a maximum loan
cash flow of Suppliers (Vendors) or Buyers (Distributors).
period of 5 (five) years. KUR for Indonesian Workers
a. Supply Chain Financing Account Receivable
is a financing facility that applies specifically to
b. Supply Chain Financing Account Payable
Indonesian workers with placements in Singapore,
c. Document Against Payment/Document Against
Hong Kong, Taiwan, Brunei, Japan, South Korea, and
Acceptance Financing
Malaysia with a maximum financing of IDR25 million.
d. Telegrafic Transfer Financing
c. KUR Micro TKI BRI
d. KUR Micro KI BRI 26. Term Loan
e. Special KI KUR a. Special Transaction Loan
f. Special KMK KUR b. General Purpose Loan
g. KUR Small KI c. Loans to the Government
h. KUR Small KMK 27. Trade Asset Participation (Bank Risk)
20. Letter of Credit (LC)/ Domestic Letter of Credit (SKBDN) 28. Value Chain Financing
SKBDN is an instrument used for domestic trade
transactions. SKBDN (local LC) is a promise of payment
from the SKBDN opening bank to the seller as long as the
seller is able to submit documents in accordance with the
terms and conditions of the SKBDN.
a. LC/SKBDN Publishing
b. LC/SKBDN Acceptance
21. Partnership Program
a. MSE Funding Program
22. Refinancing LC (BRI as Borrower/Lender)
a. Refinancing LC (BRI as Borrower)
b. Refinancing LC (BRI as Lender)
112 PT Bank Rakyat Indonesia (Persero) Tbk
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Other Basic Bank Products – Simple jj. Asuransi Jiwa Kredit Briguna
kk. Asuransi Jiwa Kredit Kupedes
1. Bancassurance ll. Asuransi Jiwa KMG Taipei
Bancassurance BRI is a service offered by Bank BRI mm. Asuransi Kerugian Agunan kerja sama PT BRI
related to insurance. Asuransi Indonesia
a. Asuransi Jiwa Optimal Sejahtera Plus (Asuransi nn. Asuransi Kerugian Agunan kerja sama PT Asuransi
Aurora Plus) Sinar Mas
b. Asuransi Dana Investasi Sejahtera (Davestera) oo. Asuransi Kerugian Agunan kerja sama PT Asuransi
c. Asuransi Dana Investasi Sejahtera (Davestera) Wahana Tata
Optima Syariah pp. Asuransi Kerugian Agunan kerja sama PT Asuransi
d. Asuransi Dana Investasi Sejahtera (Davestera) Ramayana
Optima qq. Asuransi Kerugian Agunan kerja sama PT Asuransi
e. Asuransi BRI Life Double Care Jasaraharja Putera
f. Asuransi Professional Group Health rr. Asuransi Kerugian Agunan kerja sama PT Asuransi
g. Asuransi Jiwa Optimal Sejahtera (Asuransi Aurora) Central Asia
h. Asuransi Life Care ss. Asuransi Kerugian Agunan kerja sama PT Asuransi
i. Asuransi ACCI Care Mitra Pelindung Mustika
j. Asuransi Griya Proteksi Maksima tt. Asuransi Kerugian Agunan kerja sama PT Zurich
k. Asuransi Jiwa Pelita Asuransi Indonesia
l. Asuransi Brins Asuransi Asri uu. Asuransi Kerugian Agunan kerja sama PT Lippo
m. Asuransi Brins Oto General Insurance
n. Asuransi Sepeda vv. Asuransi Kerugian Agunan kerja sama PT Asuransi
o. Asuransi Jiwa Kredit (AJK) Kredit Pemilikan Properti Bhakti Bhayangkara
(KPR) kerjasama PT Asuransi BRI Life ww. Edu Plus
p. Asuransi Jiwa Kredit (AJK) Kredit Pemilikan Properti xx. Protection Plus
(KPR) kerjasama PT MNC Life Assurance yy. Protection Plus VISA
q. Asuransi Jiwa Kredit (AJK) Kredit Pemilikan Properti zz. Lentera
(KPR) kerjasama PT Asuransi Jiwa Sequis Life 2. BRIZZI
r. Asuransi Jiwa Kredit (AJK) Kredit Pemilikan Properti BRIZZI is an electronic money product that uses chip
(KPR) kerja sama PT Asuransi Ciputra Indonesia technology as a substitute for cash, which functions
s. Asuransi Standar Asuransi Kebakaran kerjasama PT as a payment tool that can be used to pay for shopping
BRI Asuransi Indonesia transactions (purchases) or other transactions carried
t. Asuransi Kebakaran kerja sama PT MNC Asuransi out at goods or service providers.
Indonesia 3. Contact BRI
u. Asuransi Oto Proteksi Maksima Contact BRI is BRI’s contact center service. Customers
v. Asuransi Proteksi Jiwa Terencana (Asuransi Kirana) can contact Contact BRI 1500017 or the BRImo Help
w. Asuransi Proteksi Jiwa Terencana (Asuransi Kirana Center or chat Sabrina via WhatsApp (0812 1214 017)
Plus) for information on BRI products and services, including
x. Asuransi Aman Optima Sejahtera (Amora) complaints. Customers can also communicate directly
y. Asuransi Mikro BRINS Rumahku with the bank. In addition, BRI also has several official
z. Asuransi Rumahku kerja sama PT BRI Asuransi channel accounts and official social media that can be
Indonesia used to contact Contact BRI.
aa. Asuransi Kerugian Non Agunan (AKUNA) a. SABRINA
bb. Asuransi Mikro Kecelakaan Kesehatan dan b. Video Banking (effective until October 31, 2025)
Meninggal Dunia Plus (AMKKM +) c. Social Media
cc. Asuransi Kerusakan Tempat Usaha kerja sama PT d. Call Center
BRI Asuransi Indonesia
4. BRI Debit Card
dd. Asuransi Mikro – Kecelakaan, Kesehatan dan
BRI Debit Card or BRI Direct Debit is an e-Commerce
Meninggal Dunia (AM-KKM)
payment feature that connects e-Commerce accounts
ee. Asuransi Bringin Purna Jabatan Utama
with BRI debit cards as a source of funds/Source of Fund
ff. Asuransi Gempa Bumi kerja sama PT MNC Asuransi
(SoF) so that the transaction payment process takes
Indonesia
place quickly with a single registration process.
gg. Asuransi Property All Risk kerja sama PT MNC
a. Master Card
Asuransi Indonesia
b. Private Label
hh. Asuransi Unggulan Pilihan Keluarga (ARUNIKA)
c. BRI Combo Card
ii. Asuransi Jiwa Britama Rencana
PT Bank Rakyat Indonesia (Persero) Tbk 113
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Company Profile
5. BRI Credit Card 8. Safe Deposit Box (SDB)
BRI Credit Card is a non-cash payment instrument issued A Safe Deposit Box (SDB) is a secure storage service
by Bank Rakyat Indonesia (BRI). This card can be used for valuables or important documents, offering highly
for online or offline shopping, as well as making cash secure storage under various conditions. Some services
withdrawals at BRI ATMs or other bank ATMs. even design storage units or boxes that are fire-resistant
a. BRI Touch or protected against external factors such as impacts.
b. Visual Credit Card Typically, a Safe Deposit Box (SDB) is used to store high-
c. BRI Infinite value items, providing owners with an added sense of
d. BRI Easy Card security. In most cases, SDBs also offer storage with
e. BRI Mastercard Platinum relatively low insurance costs.
f. BRI World Access 9. Forex Transaction
g. BRI Business Card 10. Interest Rate Transaction
h. BRI Corporate Card
a. Marketable Securities Transaction
i. BRI JCB Platinum
b. Money Market Transaction
j. Co Branding Wonderful Indonesia
11. Derivatives Transactions
k. Co Branding Tokopedia Card
l. Co Branding OVO U Card 12. Structure Product Transaction
m. Co Branding Raya 13. BRIefx
n. Co Branding Traveloka Pay Later Card BRIefx is a web-based online application/system for
o. Co Branding BTN Gold providing online foreign exchange transaction services
p. Co Branding BTN Platinum with users being BRI foreign exchange customers.
q. Cobranding Paper.id Space Card 14. BRI Money Changer
r. Cobranding Paper.id Universe Card BRI Money Changer is a business service for buying and
s. Kartu Kredit Indonesia selling foreign banknotes.
t. Mastercard Corporate KKP a. Same Currency
u. KKPD Private Label b. Different Currency
v. Cobranding Next Card 15. BRIFast Remittance
w. Co Branding Samsung Platinum Card BRIfast Remittance is BRI’s remittance service for
x. Co Branding Samsung Signature Card outgoing fund remittance to overseas countries and
y. Co Branding Kagama incoming fund remittance from overseas to Indonesia.
6. Excellent Customer Service BRIfast Remittance offers outgoing remittance in 144
a. BRI Prioritas currencies all over the world, incoming remittance
A banking service and services activity provided by credited to BRI accounts, incoming remittance credited
BRI exclusively to BRI Prioritas customers in the form to other bank accounts, and incoming remittance cash
of one stop financial services, including banking pick-up service (no need for a bank account) that can be
services and services in general, financial planning withdrawn in all BRI units as well as BRI AgenBRILink in
and investment consulting services, insurance, and Indonesia in real time online.
retirement planning. 16. Confirming Bank Business
b. BRI Private
17. Virtual Account
A banking services and activities provided by
Virtual Account is a digital payment method through a
BRI exclusively to BRI Private customers which
virtual account created specifically for each customer.
are personal and customized, including general
For each transaction, the customer will be referred to the
banking services and services, financial and
Virtual Account to make the payment. Virtual Account
investment planning consultation services, insurance
consists of a customer ID number that is unique to each
(bancassurance), retirement planning and inheritance
customer.
planning consultations.
a. BRIVA (BRI Virtual Account Credit)
7. Securities Marketing Distribution Partners b. Cash Card (BRI Virtual Account Debit)
a. Indonesian Retail Bond Selling Agent (ORI)
18. Automatic Transactions
b. Retail Savings Bonds Selling Agent
a. Automatic Fund Transfer (AFT)
c. Retail Sukuk Selling Agent
b. Automatic Grab Fund (AGF)
d. Savings Sukuk Selling Agent
c. Account Sweep
e. Brokerage Marketing Partners
d. New Account Sweep (NAS)
e. Autodebet
114 PT Bank Rakyat Indonesia (Persero) Tbk
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2025
19. Interbank Transfer x. Trim Kombinasi 2
Interbank Transfer is a banking service that allows y. BRI Balanced Regular Income Fund
customers to transfer money from one bank account to z. Ashmore Dana Progresif Nusantara
another at a different bank. This differs from an intrabank aa. Manulife Dana Saham Kelas A
transfer, which refers to money transfers between bb. Dana Ekuitas Prima
accounts within the same bank. cc. BRI Indeks Syariah
a. RTGS dd. BRRI Mawar Konsumer 10
b. Clearing ee. Schroder 90 Plus Equity Fund
Clearing is the process of submitting a financial ff. Schroder Dana Prestasi
instrument that is not yet a bank’s obligation, where gg. Trim Kapital
the instrument is presented by the presenting bank
hh. Schroder Global Syariah Equity Fund
and approved by the paying bank through a clearing
ii. BRI Mawar Fokus 10
institution, settled in Indonesian Rupiah.
jj. BRI G20 Sharia Equity Fund Dollar
c. BIFAST
kk. BRI MSCI Indonesia ESG Screened Class A
BI Fast or BI-FAST, short for Bank Indonesia Fast
ll. Trimegah Terproteksi Lestari 23
Payment, is a payment system developed by
mm. Trimegah Terproteksi Lestari 27
Bank Indonesia. According to Bank Indonesia’s
nn. Trimegah Terproteksi Lestari 29
official website, BI Fast is a national retail payment
oo. BRI Proteksi 93
infrastructure that facilitates real-time, secure,
efficient, and always-available (24/7) transactions. pp. BRI Proteksi 94
Compared to the National Clearing System of Bank qq. BRI Proteksi 95
Indonesia (SKNBI), which operates only during rr. BRI MI Proteksi 97
certain hours, does not support real-time fund ss. BRI MI Proteksi 98
transfers, and has limited payment channel access, tt. BRI MI Proteksi 99
BI-FAST provides faster, broader, and always- uu. BRI MI Proteksi 100
available payment services. vv. Trimegah Terproteksi Lestari 31
d. Online Interbank Transfer ww. BRI MI Proteksi 105
xx. BRI MI Proteksi 20 Dollar
Advanced Bank Products 2. BRI Syndication Agent
A Syndication Agent is a bank or non-bank financial
1. Mutual Fund Sales Agent institution appointed by at least two banks and/or non-
a. Bahana Dana Likuid bank financial institutions acting as syndicate creditors
b. BRI Seruni Pasar Uang II Kelas A to manage, coordinate, and administer syndicated
c. Schroder Dana Likuid credit facilities provided by such syndicate creditors
d. Bahana Likuid USD to the debtor in accordance with the syndicated credit
e. TRIM Kas 2 agreement.
f. BRI Gamasteps Pasar Uang 3. ATM
g. BRI Seruni Pasar Uang Syariah BRI ATM services make it easier for customers to
h. BRI Seruni Likuid Dolar conduct banking transactions and have been distributed
i. Manulife Obligasi Negara Indonesia II Kelas A throughout BRI business units throughout Indonesia and
j. Manulife Pendapatan Bulanan II other strategic locations.
k. Bahana Makara Prima 4. Bancassurance
l. BRI Melati Pendapatan Utama Bancassurance BRI is a service offered by Bank BRI
m. Schroder USD Bond Fund related to insurance.
n. BRI Brawijaya Abadi Pendapatan Tetap a. Asuransi Telepro Sehat Optima
o. Bahana Ganesha Obligasi Kelas D b. Asuransi Telepro Jiwa Optima
p. Ashmore Dana Obligasi Nusantara c. Asuransi Lengkap Ekonomis Nyaman Sejahtera
q. Ashmore Dana USD Nusantara (Lentera)
r. Manulife Dana Campuran II d. Asuransi Telepro Medicash Optima
s. BRI Anggrek Fleksibel e. Asuransi Jiwa Optimal Sejahtera (Aurora)
t. BRI Syariah Berimbang f. Asuransi Dana Investasi dan Proteksi (Davespro)
u. Schroder Dana Terpadu II g. Asuransi Mikro Proteksi Aman Sejahtera (Pijar)
v. Schroder Syariah Balanced Fund h. Asuransi Telepro Diri Optima
w. Schroder Dana Kombinasi i. Asuransi Telepro Lifecash Maxima
PT Bank Rakyat Indonesia (Persero) Tbk 115
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Company Profile
j. Asuransi Telepro Medicash Maxima a. Paying Agent Services;
k. Asuransi Jiwa & Personal Accident Tabungan Haji b. Lending Agent Services;
l. Personal Accident Britama c. Investment Agent Services; and
5. RDN Administrator Bank d. Other Agency Services, such as Escrow Agents and
A Bank Administrator for Investor Fund Accounts (RDN) Guarantee Agents.
is a bank that partners in providing account opening and 12. BRILink
management services for investors in the capital market. AgenBRILink is a service expansion where BRI
RDN is a special account used to store investor funds collaborates with BRI customers as agents who can serve
for securities transactions, such as buying and selling banking transactions for the public in real time online
stocks, bonds, or other capital market instruments. with the concept of sharing fees. Through AgenBRILink,
6. KSEI Payment Bank BRI customers and the general public can get the same
A KSEI Payment Bank is a commercial bank designated by services as at BRI offices.
KSEI to open giro accounts on behalf of KSEI and Account a. EDC BRILink
Holders. It is responsible for holding funds recorded in b. BRILink Mobile
Securities Accounts and facilitating the settlement of 13. BRImerchant
securities transactions, based on agreements with KSEI BRI Merchant is an innovative platform from BRI that
and applicable regulations. provides convenience for merchants in managing
7. BRI Future Investment (BRIFine) business transactions. One of its key features is self-
The pension program offered by BRIFINE BRI is the onboarding QRIS, which allows prospective BRI merchant
Defined Contribution Pension Plan (PPIP), where the customers to register and start using QRIS quickly and
contributions are determined by the Pension Fund easily.
Regulations, and all contributions along with their 14. BRImo
development results are recorded in each participant’s BRImo is a financial super app for various customer
account as retirement benefits. transactions anytime and anywhere. The transactions
a. PPIP (Program Pensiun Iuran Pasti) offered range from online onboarding, both domestic
b. Other Benefit Programs and international, payments, purchases, investments,
8. BRI Custodian insurance, to financial record-keeping. BRImo also
a. Mutual Fund Custodian Services facilitates customers with cross-border transaction
b. Asset-Backed Securities Custodian Services needs through international transfers to over 160
c. General Safekeeping Custodian Services countries and QR payments abroad.
d. Tapera Custodian Services 15. BRImola
e. Discretionary Fund Management Custodian Services BRImola is a supply chain or LPG trade application for
9. BRI Smart Billing PSO (subsidized) LPG from agents to distribution centers
BRI Smart Billing is an integrated billing management and also for NPSO (non-subsidized) LPG from agents to
application that effectively and practically helps outlets. This application simplifies the order process,
businesses or billers manage their invoices and payments, and report retrieval as everything is done
receivables more easily, affordably, and quickly. online.
10. BRI Smart Junio 16. CDM
BRI Smart Junio is an application developed by Bank a. CDM
Rakyat Indonesia to simplify the management of b. Brankas Digital
academic and non-academic school data. Features in 17. CRM
the Junio Smart application include the learning process, CRM is the latest innovation that allows customers to
school fee billing, and administrative data information. perform various transactions, such as cash withdrawals,
11. BRI Trust cash deposits, balance checks, and fund transfers easily
BRI Trust Services is a service for the safekeeping of and quickly.
customer assets in the form of financial assets for and 18. EDC
on behalf of customers. BRI is the first bank in Indonesia EDC BRI is an Electronic Data Capture (EDC) machine
to obtain permission from Bank Indonesia to run Trust that can be used to accept payments via debit cards,
Services in Indonesia through Bank Indonesia letter credit cards, BRIZZI cards, and QRIS. EDC BRI can be
Number 15/19/ DPB1/PB1-3 dated February 12, 2013 and used by merchants partnered with Bank BRI.
Bank Indonesia confirmation letter Number 15/30/DPB1/ a. EDC Full Managed
PB1-3 dated March 19, 2013. The scope of BRI Trust b. EDC Partnership
Services includes:
116 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
19. E-Tax within a limited time period. The merchant’s scanning
E-Tax BRI is a digital service from Bank Rakyat Indonesia device can scan the code and complete the financial
(BRI) designed to facilitate electronic tax payments. transaction from the user’s account to the merchant’s
This service allows taxpayers, both individuals and account as agreed.
businesses, to make tax payments easily, quickly, and 23. Self Service Banking (SSB)
securely through various BRI banking channels. a. SSB Digital Customer Service
20. Online Acquiring b. SSB CRM (Replacement Card Machine)
Debit and CC c. SSB SSPP (Self Service Pastbook Printing)
21. QLola d. SSB QMS (Queueing Management System)
QLola by BRI is an Integrated Corporate Solution 24. Senyum Mobile
Platform that enables BRI customers to access various An integrated service concept that makes it easier for
BRI products and services such as Cash & Trade, Supply people to access BRI, Pegadaian and PNM products
Chain Management, Foreign Exchange, Investment and services at BRI unit offices which are equipped with
Service, Financial Dashboard, API services, and other Pegadaian and PNM counters, and the Smile Mobile
products and services with a single sign-on login. Application is an extension of the reach of the Ultra Micro
22. QRIS Service Center (Senyum) which is now within reach.
a. QRIS MPM 25. Stroberi Kasir
QRIS Merchant Presented Mode (MPM) Dynamic Stroberi Kasir BRI is an Android-based application
is a QR code issued through a device such as an that helps manage businesses, including transaction
EDC machine or smartphone. The merchant needs recording, inventory management, and financial services.
to input the payment amount first, and then the 26. Trustee BRI
customer scans the displayed or printed QRIS. BRI has extensive experience acting as a trustee and
b. QRIS CPM has earned the trust of various state-owned enterprises
QRIS Customer Presented Mode (CPM) Dynamic (BUMN), banks, and other corporations in bond/MTN
is a QR code generated by a user’s device (such issuance. Their role is to represent and protect the
as a smartphone), and this dynamic code changes interests of bond/MTN holders according to the terms
periodically. Each user will have a different QR code specified in the trustee agreement.
PT Bank Rakyat Indonesia (Persero) Tbk 117
Page 118
Company Profile
Operating
Area
Medan
Pekanbaru
Padang
Palembang
Banjarmasin
Jakarta 1 Bandar Lampung
Jakarta 1
Jakarta 3
Jakarta 2
Jakarta Semarang
Surabaya
Bandung
Denpasar
JAKARTA Yogyakarta Malang
Table of Year Office Network for the Last 5 Years
Office Type 2025 2024 2023 2022 2021
Head Office 1 1 1 1 1
Regional Office 18 18 18 18 18
Regional Audit Office 18 18 18 18 18
Branch Office + Special Sub-Branch Office (Domestic)** 454 453 453 449 451
Sub-Branch Office (Domestic)* 555 555 556 579 588
BRI Units*
5,082 5,086 5,117 5,156 5,222
Cash Office* 490 500 505 506 525
BRI Terrace* 758 873 977 1,370 1,697
Mobile BRI Terrace 6 69 115 117 132
Ship BRI Terrace 4 4 4 4 4
Total 7,386 7,586 7,773 8,227 8,665
*
In accordance with OJK Regulation No.12/POJK.03/2021 concerning Commercial Banks ,it is adjusted that for the UKO type BRI Unit, Cash Office,
Teras BRI is included in the UKO Sub-Branch Office type status..
**
In accordance with Service Note B.63.e-PPM/ODV/OD2/08/2023 dated August 3, 2023 regarding Submission of approval for changes to KCK supervision.
Notes: Did not include the number of Foreign Office Unit Offices.
118 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
As of December 31, 2025, BRI has 1 Head Office
and serves all customers through 7,385 domestic
business unit and 9 (nine) overseas business
unit as well as an e-channel network spread
throughout Indonesia.
Manado
Jayapura
Makassar
INTERNATIONAL
NETWORK
Hongkong
Taiwan
New York Singapore
Cayman Island Timor Leste*
* Include Sub Branch.
PT Bank Rakyat Indonesia (Persero) Tbk 119
Page 120
Company Profile
Table of Office Networks per Region in 2025
Outlet
Sub-Branch Office*
Region Regional Mobile
Regional Branch Ship BRI
Audit Sub- BRI
Office Office BRI Cash BRI Terrace
Office Branch Terrace
Units Office Terrace
Office
Region 1 /
1 1 24 33 258 23 35 - -
Medan Regional Office
Region 2 /
1 1 22 20 170 18 23 - 1
Pekanbaru Regional Office
Region 3 /
1 1 14 8 157 11 41 - -
Padang Regional Office
Region 4 /
1 1 21 28 217 9 37 - -
Palembang Regional Office
Region 5 /
1 1 14 16 188 12 56 - -
Bandar Lampung Regional Office
Region 6 /
1 1 24 53 94 67 16 - 1
Jakarta 1 Regional Office
Region 7 /
1 1 32 66 183 64 40 - -
Jakarta 2 Regional Office
Region 8 /
1 1 26 44 158 25 27 - -
Jakarta 3 Regional Office
Region 9 /
1 1 30 34 565 44 31 - -
Bandung Regional Office
Region 10 /
1 1 22 38 421 34 33 - -
Semarang Regional Office
Region 11 /
1 1 33 33 582 51 50 - -
Yogyakarta Regional Office
Region 12 /
1 1 25 24 279 30 28 - -
Surabaya Regional Office
Region 13 /
1 1 25 34 504 15 120 - -
Malang Regional Office
Region 14 /
1 1 40 42 372 24 66 2 -
Banjarmasin Regional Office
Region 15 /
1 1 37 27 348 18 2 - -
Makassar Regional Office
Region 16 /
1 1 20 16 203 15 31 2 1
Manado Regional Office
Region 17 /
1 1 32 26 295 20 110 2 1
Denpasar Regional Office
Region 18 /
1 1 13 13 88 10 12 - -
Jayapura Regional Office
Overseas** - - 6 3 - - - - -
Total 18 18 460 558 5,082 490 758 6 4
*
In accordance with OJK Regulation No.12/POJK.03/2021 concerning Commercial Banks, it is adjusted that the UKO type BRI Unit, Cash Office,
Teras BRI is included in the UKO SubBranch Office type status.
**
In accordance with Service Note B.63.e-PPM/ODV/OD2/08/2023 dated August 3, 2023 regarding Submission of approval for changes to KCK supervision.
The operational presence of BRI overseas covers New York, Hong Kong, the Cayman Islands, Singapore, Timor-Leste, and Taiwan.
Notes: Did not include the number of Foreign Office Unit Offices
120 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
PT Bank Rakyat Indonesia (Persero) Tbk 121
Page 122
Company Profile
Organizational
Structure
GENERAL MEETING
OF SHAREHOLDERS
President Director
Hery Gunardi
Commercial Treasury & Network & Information
Micro Consumer Corporate International Technology
Banking Retail Funding
Akhmad Banking Banking Banking
Alexander Dippo Aquarius Saladin Dharma
Purwakajaya Aris Hartanto Riko Adythia Farida Thamrin Nugraha Effendi
Paris Y.S. Rudianto
Ultra Micro Retail
Business Transaction & Digital Banking
Funding
Muhammad vacant
Candra Utama Tri Laksito
Singgih H
Commercial & Institutional IT Strategy Digital Retail
Micro Business BRILink Treasury Distribution
Card Business SME Business Business 1 Retail Funding & Enterprise Banking
Development Business Business Strategy
Dewi Andjarsari Solution Mochamad Andreas Hassim Architecture Kaspar
Dani Wildan Hari Basuki Itang Rusdinar Ivan Amirudin
Natalia Veronica Choliq Shinta Indriyaty Situmorang
Ultra Micro Digital Wholesale
Small Medium Retail IT Application
Micro Sales Business Consumer Institutional Investment Banking &
Business* Regional Office Transaction Development
Management 1 Asep Ridwan Loan Business 2 Services Innovation
Ganang 18 RCEO Dhoni Ramadi Hidayat Wira Management
Dani Alfianto & Mohammad R. Madya Januar vacant Arie Sus Miyanti
Imam W Saharto Putra Kusuma (Pj)
Haekal (Act.) Kaspar
Situmorang
(Act.)
Social Unsecured International SORH IT Application
Micro Sales Commercial Corporate
Management 2 Enterplaneurship Loan Business Distribution Support
Business* Banking 1 Enterprise Data
& Incubation
Endah Nurhayati Evi Sulistyowati Rheyna Anggun Woro Dwi Tina Setiawati Revan Hadi Management &
Gunadi Wono Yodi Herzaman
Marnala Wuryandari Sentoso Analitycs
Ajutorius Pinem
Liquidity IT DC
Wealth SORH Corporate & Funding Infrastructure &
Management Wholesale Banking 2 Management Operations
Elina vacant Teguh Tofani Teguh Basrizal (Act.)
Wirjakusuma Sulistyono (Pj)
Satria Permana
Gharditya (Act.)
Corporate Fixed Assets
Banking 3 Management CISO Office
Nurul Intan Syafri Rakhmat Primanio &
Arief Bandung
Wahyudi (Act.)
Procurement
Corporate Eka Rosdiani &
Banking 4 Baskoro IT Endpoint
Adhi Pratama Akhmad Services &
Adiatma (Act.) Operations
Maulana Yusuf
Wholesale SORH
Transaction Procurement SORH
Banking
Sukengsi Hari Information
Yoanna Technology
Slamet
Parameitha
Wafdan Metha
Firdaus
Overseas
Business Units
Board of Commissioners Committee:
Audit, Nominasi & Remunerasi, Risk Management Monitoring, Integration Governance.
Directors Committee:
ALCO, Capital & Investment, Human Capital, Information Technology, Procurement, Credit & Policy, Product, Transformation, Risk Management, ESG,
and Financial Conglomeration Governance.
* The Company has established the Executive Business Officer (EBO) function
** The Company has established the Executive Risk Officer (ERO) function.
122 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
BRI’s organizational structure has been approved based on the Decree NOKEP: S.440-DIR/HCS/02/2026 dated February 11,
2026 concerning the Organization of PT Bank Rakyat Indonesia (Persero) Tbk. which has been effective since December 18,
2025 as follows:
Board of Commissioners
Vice President Director
Viviana Dyah Ayu R.K.
Risk Operation Legal & Finance &
Management Compliance Strategy
Hakim
Ety Yuniarti Putratama Mahdi Yusuf Achmad Royadi
Human Capital
Corporate Internal Audit
Retail Risk Wholesale Risk Transformation Steven
Augustino Yulianto
vacant Babas Bastaman vacant Setiawan
Yudiyantho
Planning, Human Capital
Corporate Central Budgeting & Corporate Audit Standard
Enterprise & Micro Risk Development & Strategy & Talent Corporate
Credit Risk Operation Compliance Performance Strategy Management & Quality
Market Risk Akbar Suwardi Management Secretary
Iman Andini Nauli Kris Hananto Development
Wita Adriawati (Act.) Soni Daniel Carang Dhanny (Pj)
Nuraprianto Nasution A. Eddy Tri Ferdinandus (Act.) Thombara Putra Ardhi Setyarko
Wibowo
Financial & Project Human Capital Wholesale &
IT & Digital Commercial Business
Branding &
Retail Credit Management Management Marketing Head Office
Risk Consumer Risk Credit Risk ** Legal Partner 1 Audit
Operation Accounting Office Communication
Nugroho Nia Octaviana Cahyo Koes Hariyono M. Dadang Zainuddin Thalib
Widyatmoko Asep Nurdin Christina Primadoni Yuli Roma Jaka
Pancayogo Permana KF (Act.) Burutu
Dianingrum Handoko Permata
Andreas Simanjuntak
Environmental, Chandra Human Capital
Wholesale Social & Investor Santoso Business Retail Audit
Operational Small & Medium Wholesale Credit Governance Relation Partner 2 SORH
Risk Risk** Recovery Mira Faranty Bangkit
Operation Siaga Ridha Corporate
Dodo Marjanto Debra Murniati Dedy Hendrianto Yosephine Ajeng M. Dadang Ngabdianto
vacant Hutama (Act.) Permana KF Center
Sekar Putih
vacant
AML, CFT Human Capital
Policy & Digital Subsidiary Service
Procedure Retail Collection & CPF IT Audit
Operation Management
Group & Recovery Roby Firmansjah Melia Ronald Setiadi
Kholis Amhar Sastraatmadja I Dewa Gede Pramadhona (Pj)
Kusnandar Dede Sutisna (Pj) (Pj) Agung (Act.) (Act.)
Nugroho/
Dhewayani
Corporate
University Special
Customer Office of Chief Investigation
Data Protection Experience Economist Indah
Bayuwijayanti Heddi Sabara
& Fraud Risk Ninis Indriswari vacant
(Act.)
Evi Dempowati
Culture
Operational Transformation
Exellence Regional Audit
Abd. Wahid Office
Gibbon Mardame Wijaya
Parsaoran Tamba 18 RCA
(Pj)
N2 N2 N2
Notes: Directors SEVP Business Enabler Support
The members of the Committee under the Board of Commissioners as of December 31, 2025, are as follows:
1. Audit Committee: Edi Susianto (Chairman) Parman Nataatmadja, Loethano 4. Integrated Governance Committee: Lukmanul Khakim (Chairman), Kartika
Boy Meizardi, Thauriq Anwar, Maria Ulpah. Wirjoatmodjo, Edi Susianto, Tjondro Prabowo, Donny Himawan, Yoyok
2. Nomination and Remuneration Committee: Edi Susianto (Chairman), Kartika Mulawarman, Johanes Kuntjoro Adisardjono, Benny Imam Syafii, Abdul
Wirjoatmodjo, Parman Nataatmadja, Awan Nurmawan Nuh, Helvi Yuni Moraza, Ghoni, Hari Siaga Amijarso, Mohammad Hidayat, Donsuwan Simatupang,
Lukmanul Khakim, M. Dadang Permana K.F. Diah Defawati Ade, Agoosh Yosran, Martina, Muhammad Cholil Nafis,
Nurhaida, Kahlil Rowter.
3. Risk Management Monitoring Committee: Parman Nataatmadja (Chairman),
Helvi Yuni Moraza, Awan Nurmawan Nuh (Commissioner), Sandra Chalik. The names of the members of the Committee under the Board of Directors can
be found in the Corporate Governance Chapter.
PT Bank Rakyat Indonesia (Persero) Tbk 123
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Company Profile
List of Association
Membership
Bank BRI actively joins a number of organizations and associations related to its core business to maintain developments in the
business environment, expand the network, and strengthen BRI’s contribution, synergy and existence in creating a sustainable
business climate. Being a member of several organizations is a strategic step for Bank BRI in running banking business activities
by noticing the Environmental, Social, and Governance (LST) aspects. Nevertheless, BRI does not provide financial contributions
outside of regular membership fees. Until the end of 2025, BRI is listed as a member of the following associations:
Table of Association Membership
Participation
No. Association Name Purpose
Position
Scale
Himpunan Bank Milik Negara Developing Indonesia’s capital market as an industry capable of
1. Chairman II National
(Himbara) supporting the national economy.
Vice Chairman
Bankers Association for Risk Becoming a banking partner in realizing a national banking industry
2. of IT Risk National
Management (BARA) with the best practical standards that can optimally manage risks
Management
To advance the profession of Personal Data Protection Officers
(PPDP/DPO) within the financial industry, contributing to
Financial Industry sustainable development and social equity for all Indonesians.
3. Data Privacy To develop the national financial services sector by fostering Vice Chairman National
Network (FINDANET) collaboration in data protection, strengthening public trust,
enhancing industry resilience, and ensuring regulatory compliance
through collective efforts.
A communication forum among State-Owned Enterprises (SOEs)
to share experience and expertise in the management of SOE
Forum Digital BUMN Vice Chairman
4. information systems and related technologies, in order to support National
(FORDIGI) for Division II
the achievement of business objectives of SOEs and their
stakeholders.
Forum Komunikasi Direktur To communicate, consult, share knowledge, and collaborate in
5. Operasional Perbankan advancing the banking operations sector, particularly in navigating Vice Chairman National
(FKDOP) the digital era and technological transformation.
Forum Komunikasi Satuan To develop the Indonesian capital market as an industry capable of
6. Vice Chairman National
Pengawas Intern (FKSPI) supporting the national economy.
To support government programs in developing and advancing the
Asosiasi Bank Kustodian
7. Indonesian capital market in accordance with policies established Treasurer National
Indonesia (ABKI)
by the Government.
To engage in communication and consultation in addressing
Asosiasi SWIFT Indonesia changes in global standards such as ISO 20022, as well as to
8. Management National
(ASWIFTINDO) facilitate technological solutions and business development in the
banking sector related to international transactions.
To discuss and coordinate issues related to the clearing process
(interbank transaction settlement) and the distribution of clearing
Forum Komunikasi Kliring
9. documents/instruments in the Jakarta region, involving various Management National
Jakarta (FKKJ)
parties such as banks and clearing service providers, in order to
enhance the efficiency and effectiveness of banking services.
A platform for formulating strategic insights
Forum Human Capital
10. to support the development of human resources Management National
Indonesia (FHCI)
in Indonesia.
To serve as a professional platform for career and knowledge
development in the fields of governance, risk, audit, security, and
SACA (Information
information technology (IT) privacy in Indonesia, by expanding
Systems Audit and Control
11. the accessibility and benefits of ISACA’s global certifications Management National
Association) Indonesia
(such as CISA and CISM) to Indonesian professionals, facilitating
Chapter
networking and knowledge sharing, and fostering a digital trust and
cybersecurity expertise ecosystem.
124 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Participation
No. Association Name Purpose
Position
Scale
An association that acts as the operator of the Indonesian
HIMDASUN (Himpunan Government Bond (Surat Utang Negara/SUN) market, committed
12. Management National
Pedagang Surat Utang) to improving liquidity and transparency in the government bond
sector.
APUVINDO (Asosiasi Pasar An association responsible for providing domestic financial market
13. Uang dan Pasar Valuta Asing participants with information on benchmark reform agendas and Management National
Indonesia) interest rate reference recommendations.
Indonesia Contact Center An organization providing updates on Contact Center
14. Management National
Association (ICCA) developments, benchmarking, and technological advancements
Partnership for Carbon
15. Accounting Financials Conducting disclosure of financed emissions. Member International
(PCAF)
United Nations Global Committed to sustainability and supporting the achievement of the
16. Member International
Compact (UNGC) Sustainable Development Goals (SDGs)
Science-Based Target To establish credible, science-based climate targets and enhance
17. Member International
Initiatives (SBTI) the Company’s credibility.
Association of Certified An international institution that issues the Certified Fraud Examiner
18. Member International
Fraud Examiners (CFE) certification to prevent and combat fraud.
Association Certified Fraud
Indonesia’s largest professional anti-fraud organization, leading
19. Examiner (ACFE) Indonesian Member International
in education, research, advocacy, and anti-fraud development
Chapter
Asia Pacific Loan Market Expanding connections and relationships with banks across the
20. Member International
Association (APLMA) AsiaPacific region to explore potential syndicated loan agreements.
Rapi Utama Indonesia
21. Financing Company and Bank Asset Registration Institution Member National
(RAPINDO)
Forum Komunikasi
To facilitate banking communication in identifying operational cash
22. Operasional Kas Perbankan Member National
management solutions
(FKOKP)
ACI FMA Indonesia An organization representing more than 800 professionals
(Association Cambiste in the financial markets sector, including money markets, foreign
23. Internationale – Financial exchange, derivatives, bonds, and money brokers. Affiliated with Member National
Markets Association ACI Paris and IBI, the organization continues to grow in line with
Indonesia) the integration of financial markets.
Lembaga Alternatif
Penyelesaian Sengketa An institution that handles other disputes subject
24. Member National
Sektor Jasa Keuangan to approval by the Financial Services Authority.
(LAPS SJK)
Ikatan Auditor Internal Bank To develop highly competent internal banking auditors through
25. Member National
(IAIB) standardized training and certification programs
To convene, coordinate, and enhance the professional
Asosiasi Forensik Digital
26. competencies of practitioners and enthusiasts in digital forensics in Member National
Indonesia (AFDI)
order to advance the field in Indonesia.
The Institute of Internal IIA Indonesia, as an affiliate of IIA Global, was established in 1989
27. Auditors Indonesia with the objective of developing and advancing the internal audit Member National
(IIA Indonesia) profession in Indonesia.
An association that proactively contributes to the establishment
Asosiasi Sistem Pembayaran of standards and initiatives to promote digital payments, with its
28. Member National
Indonesia (ASPI) members representing the industry in dialogue with regulators and
policymakers.
PT Bank Rakyat Indonesia (Persero) Tbk 125
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Company Profile
Board of Director’s
Profile
Educational Background
- Bachelor of Business Administration, 17 August University, Jakarta (1987).
- Master of Business Administration, Major in Finance and Accounting,
University of Oregon, USA (1991).
- Doctor of Business Management, Padjadjaran University, Bandung (2021).
Certification
- Risk Management Certification Refresher Program (2025).
- Certified Risk Management Level 7, LSPP (2024).
- Certified Islamic Banking, Karim Consulting Indonesia (2020).
- Certified Risk Management Level 5, LSPP (2013).
- Certified Risk Management Level 4, LSPP (2012).
- Certified Financial Planning (CFP), Financial Planning Standard Board
(2007).
- Certified Wealth Manager (CWM), University of Greenwich and IBI
(2005).
- Chartered Life Underwriter (CLU), Singapore College of Insurance
(2004).
- Chartered Financial Consultant (ChFC), Singapore College of Insurance
Hery Gunardi -
(2004).
Foreign Exchange and Money Market Dealer, TRAC Consultant
President Director Singapore (1997).
Training
- Executive Development Program: Workshop Strategy Governance
Citizenship for Boards, IMD Business School, Switzerland (2024).
Indonesian citizens - Executive Development Program: Exploiting Disruption a Digital World,
London Business School, UK (2022).
Domisili - Executive Development Program: 3 Strategic Branding "From
Behavioural Insights to Business Growth”, London Business School,
Jakarta, Indonesia UK (2015).
- Executive Development Program: High Impact Leadership,
Place and Year of Birth/Age University of Berkeley, USA (2014).
- Executive Development Program: Leading Change & Organizational
Born in Bengkulu, in 1962. Renewal Program, Standford University Graduate School of Business,
Age 63 as of December 2025. USA (2013).
- Executive Development Program: Market Driving Strategies
Term of Office Programme, London Business School, UK(2011).
2025 - 2030 (First Period) - Executive Development Program: Leading a Resilient Organization:
Achieving Results During Challenging Times, The Wharton School
BRI Share Ownership University of Pennsylvania, USA (2009).
- Executive Development Program: Creating and Executing Breakthrough
435,000 shares Strategy, Colombia University, USA (2008).
Employment History
Legal Basis of Appointment
First appointed as President Director at the Extraordinary GMS on
March 24, 2025. Effective after obtaining OJK approval for the Fit and
Proper Test in accordance with OJK Letter Number 46/KDK.03/2025
dated May 28, 2025.
126 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Concurrent Positions Achievement
- Chairman of Association of Indonesian National Banks
- Best Retail Bank in Indonesia – Trailblazer Asia Awards,
(PERBANAS)(2025-present).
from Retail Banker International (RBI), March 2025
- Member of Supervisory Board Indonesia Banker Institute (IBI)
- Excellence in Employee Engagement – Trailblazer Asia
(2023 - present).
Awards, from Retail Banker International (RBI), March 2025
- Member of Supervisory Board Indonesian Payment System
- Brand Finance Global 500 – Ranked 323rd Globally
Association (ASPI) (2022- present). and 1st in Indonesia, from Brand Finance, March 2025
- Treasurer of the Sharia Economic Community (MES) - Indonesia’s Best for Discretionary Portfolio Management –
(2021 - present). Euromoney Private Banking Awards, from Euromoney,
- General Treasurer of the Association of Islamic Economists March 2025.
(IAEI)(2025- present). - 20 Top Companies to Watch in 2025, from Bloomberg
- Chairman of the Asset and Liability Committee (ALCO) BRI Technoz, June 2025.
(2025-present). - Best Private Bank – Indonesia, from Global Brands Magazine,
- Chairman of the Credit Policy Committee BRI (2025-present). June 2025.
- Chairman of the Environmental, Social & Governance (ESG) - The World’s Largest Companies – Forbes Global 2000 List,
Committee BRI (2025- present). from Forbes, June 2025.
- Chairman of Procurement Committee 1 BRI (2025- present). - Best Mobile Banking Brand, from Global Brands Magazine,
- Chairman of Transformation Steering Committee BRI June 2025.
(2025 - present). - Best Bank – FinanceAsia Awards, from FinanceAsia, June
2025.
Does not have a position in another public company. - Best Private Bank – FinanceAsia Awards, from FinanceAsia,
June 2025.
Work Experience - Fortune Southeast Asia 500, from Fortune, June 2025.
- Director, PT AXA Mandiri Financial Services - Best Bank Awards – KBMI IV Category, from Investor Trust,
(November 2003 - January 2006). June 2025.
- Senior Vice President, Group Head of Wealth Management, - Top 1000 World Banks, from The Banker, July 2025.
PT Bank Mandiri (Persero) Tbk (January 2006-January 2009). - Best Digital Bank – Euromoney Awards for Excellence 2025
(Country/Territory Winners: Indonesia), from Euromoney,
- Executive Vice President, Group Head of Distribution Network I,
July 2025.
PT Bank Mandiri (Persero) Tbk (January 2009- January 2013).
- Indonesia Top 5 Public Listed Companies – ASEAN Corporate
- Senior Executive Vice President of Consumer Finance,
Governance Conference & Awards (ASEAN CGCA) 2025,
PT Bank Mandiri (Persero) Tbk (January 2013 - April 2013). July 2025.
- Director of Micro & Retail Banking, PT Bank Mandiri (Persero) - ASEAN Asset Class Public Listed Companies – ASEAN
Tbk (April 2013-January 2015). Corporate Governance Conference & Awards (ASEAN CGCA)
- President Commissioner, PT AXA Mandiri Financial Services 2025, July 2025.
(May 2013 - March 2015). - Best Human Capital Awards, from BusinessAsia Indonesia,
- Director of Micro & Business Banking, PT Bank Mandiri July 2025.
(Persero) Tbk (January- March 2015). - Digital Banking Awards, from Investor Trust, August 2025
- Director of Consumer Banking, PT Bank Mandiri (Persero) Tbk - Best Private Bank for HNWIs – Indonesia, from The Asset
(March 2015-April 2016). Triple A, September 1, 2025.
- Director of Distribution, PT Bank Mandiri (Persero) Tbk (April - Indonesia’s Biggest Companies – No. 1 Most Profitable
2016- March 2018). Company, from Fortune Indonesia, September 12, 2025.
- Director of Small Business & Network, PT Bank Mandiri - Most Trusted Company based on the Corporate Governance
(Persero) Tbk (March 2018- May 2019). Perception Index (CGPI), from The Indonesian Institute
for Corporate Governance (IICG) and SWA Media Group,
- Director of Business & Network, PT Bank Mandiri (Persero)
November 1, 2025.
Tbk (May- December 2019).
- Global Corporate Sustainability Awards (GCSA) 2025, from
- Director of Consumer & Retail Transactions, PT Bank Mandiri Global Corporate Sustainability Awards (GCSA), November 1,
(Persero) Tbk (December 2019 - February 2020). 2025.
- Vice President Director, PT Bank Mandiri (Persero) Tbk - Best Supporting Bank for the Development of the Rupiah
(February- October 2020). Money Market (Repo Awards), from Bank Indonesia Awards,
- Head of Project Management Office for the Merger November 1, 2025.
of State-Owned Islamic Banks (March 2020- February 2021). - Bank of the Year Award, from The Banker, December 2025
- President Director, PT Bank Syariah Mandiri - CEO of the Year, from Infobank, December 2025.
(October - December 2020). - National Sharia Finance Transformation Leader, from Bisnis
- President Director, PT Bank Syariah Indonesia Tbk Indonesia, December 2025.
(December 2020 - March 2025). - Best Transformational Leader in Transformation, from CNBC,
- President Director, PT Bank Rakyat Indonesia (Persero) Tbk December 2025.
(March 2025 - Present). - Best Digital Transformation and Innovation Impact Award,
from CNBC, December 2025.
- Best Contribution to Economic Empowerment Award,
from CNBC, December 2025.
PT Bank Rakyat Indonesia (Persero) Tbk 127
Page 128
Company Profile
Educational Background
- Bachelor of Animal Husbandry, Bogor Agricultural University (2001).
- Master of Business Administration, University of Rochester, USA (2010).
Certification
- Chartered Accountant Certification.
- Risk Management Certification Level 7.
- Certified Financial Planner (FPSB).
Employment History
Legal Basis of Appointment
Appointed as Director of Finance of BRI for the first time based on the
results of the Extraordinary GMS on January 21, 2021. Effective after
obtaining OJK approval or Fit and Proper Test in accordance with
OJK Letter Number 36/ KDK.03.2021 dated April 14, 2021. Reappointed
as Director of Finance & Strategy based on the 2025 Annual GMS on
March 24, 2025. Subsequently, the assignment was transferred to Vice
Viviana Dyah Ayu R.K. President Director based on the Extraordinary GMS dated on December
17, 2025. Effective upon obtaining approval from the Financial Services
Vice President Director Authority (OJK) or passing the Fit and Proper Test in accordance with
OJK Letter No. KEPR-34/D.03/2026 dated 13 March 2026.
Concurrent Positions
Citizenship - Alternate Chairman concurrently serves as Permanent Member
of Asset and Liability Committee (ALCO) BRI (2025- present).
Indonesian citizens - Alternate Chairman concurrently serves as Permanent Member
with Voting Rights of Environmental, Social & Governance (ESG)
Domicile Committee BRI (2025 - present).
- Alternate Chairman 1 of Product Committee 1 Wholesale Segment
South Tangerang, Indonesia BRI (2025-present).
- Alternate Chairman 1 of Product Committee 1 Non-Wholesale
Place and Year of Birth/Age Segment BRI (2025-present).
Born in Surakarta, in 1978. - Alternate Chairman 1 concurrently serves as Permanent Member
Age 47 as of December 2025. with Voting Rights of Transformation Steering Committee BRI
(2025-present).
Term of Office Does not have a position in another public company.
2021 – 2026 (First Period). Work Experience
2025 – 2030 (Second Period).
- AVP Planning, Corporate Development & Strategy BRI (2016-2017).
- AVP Equity Management, Corporate Development & Strategy BRI
BRI Share Ownership
(2017-2018).
3,819,500 shares - VP Subsidiary Management Desk BRI (2018-2019).
- EVP Subsidiary Management Division BRI (2019).
- Director of Finance BRI (2021-2025).
- Director of Finance & Strategy BRI (2025).
- Vice President Director of BRI (2025- present).
128 PT Bank Rakyat Indonesia (Persero) Tbk
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Educational Background
Bachelor of Social and Political Science in Government from Padjadjaran
University (1990).
Certification
- Risk Management Refresher Program Level 7 "For Successful
Completion of Refresher Program"
- Banking Risk Management Level 7.
- Chief Business Development Officer Innovation school
- Three Legged Five Whys For Operations Strategi Bisnis, Trade Product
& Value Chain.
- Strategi Bisnis, Produk Trade & Value Chain.
- Business Continuity Management.
Employment History
Legal Basis of Appointment
Aquarius Rudianto Appointed as Director of Network and Retail Funding for the first time
based on the 2025 Annual GMS on March 24, 2025. Effective after
Director of Network and Retail Funding obtaining OJK approval or Fit and Proper Test in accordance with
OJK Letter Number 43/KDK.03/dated May 28, 2025.
Concurrent Positions
- Permanent Member with Voting Rights of Asset and Liability
Citizenship Committee (ALCO) BRI (2025- present).
Indonesian citizens - Permanent Member with Voting Rights of Transformation Steering
Committee (2025- present).
Domicile - Permanent Member with Voting Rights of Environmental,
Social & Governance (ESG) Committee BRI (2025 - present).
Jakarta, Indonesia
- Permanent Member with Voting Rights of Transformation Steering
Committee BRI (2025 - present).
Place and Year of Birth/Age
Does not have a position in another public company.
Born in Jakarta, in 1967.
Age 58 as of December 2025. Work Experience
- Senior Vice President Commercial Banking of PT Bank Mandiri
Term of Office (Persero) Tbk (2010-2014)
2025 - 2030 (First Period) - Senior Vice President Regional CEO of PTBank Mandiri (Persero) Tbk
(2015 - 2018)
BRI Share Ownership - Senior Executive Vice President (SEVP) Operation of PT Bank Mandiri
(Persero) Tbk (2018 - 2019)
None
- Commisioner of Mandiri AXA General Insurance (2019- 2020)
- Senior Executive Vice President (SEVP) Business & Network
of PT Bank Mandiri (Persero) Tbk (2019 -2020)
- Commisioner of PT Bank Syariah Mandiri (2020)
- Director of Network and Retail Funding PT Bank Mandiri (Persero) Tbk
(2020 - 2025)
- Director of Network and Retail Funding PT Bank Rakyat Indonesia
(Persero) Tbk (2025 - present)
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Company Profile
Educational Background
- Bachelor of Economics in Accounting from the University of Indonesia,
Depok (2004).
- Master of Management from Gadjah Mada University, Yogyakarta (2009).
- Master of Business Administration from University of Cambridge, UK
(2012).
Certification
Risk Management Certification Level 7.
Employment History
Legal Basis of Appointment
Appointed as Director Commercial Banking for the first time based on
the 2025 Annual GMS on March 24, 2025. Effective after obtaining OJK
approval or Fit and Proper Test in accordance with OJK Letter Number
KEPR 54/D.03/2025 dated June 18, 2025.
Alexander Dippo Paris Y. S. Concurrent Positions
Director of Commercial Banking - Permanent Member with Voting Rights of Asset and Liability
Committee (ALCO) BRI (2025-present).
- Non-Permanent Member of the Product Committee with Voting
Rights (according to the committee topic) (2025- present).
Citizenship
Does not have a position in another public company.
Indonesian citizens
Work Experience
Domicile - VP of Automotive Sector Development for Commercial Banking
Client of PT Bank Mandiri (Persero) Tbk (2015 -2017).
Jakarta, Indonesia - VP of Financial Sector Department for Government and Institutional
Banking Client of PT Bank Mandiri (Persero) Tbk (2017-2020).
Place and Year of Birth/Age - Commissioner of PT Mandiri AXA General Insurance (MAGI) (2023).
Born in Jakarta, in 1982. - President Commissioner of PT Mandiri Utama Finance (MUF)
(2024 -2025).
Age 43 as of December 2025.
- SVP SME Banking Group of PT Bank Mandiri (Persero) Tbk
Term of Office (2020 - 2025).
- Director of Commercial Banking PT Bank Rakyat Indonesia (Persero)
2025 - 2030 (First Period) Tbk (2025 - present)
BRI Share Ownership
None
130 PT Bank Rakyat Indonesia (Persero) Tbk
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Educational Background
Bachelor of Engineering, Mechanical Engineering from Swinburne
University of Technology Melbourne Australia (1999).
Certification
- Executive Certificate - Chief Information Security Officer (CISO),
Carnegie Mellon University, USA (2022).
- Executive Certificate – Chief Data Officer (CDO), Carnegie Mellon
University, USA (2023).
- Sharia Banking Risk Management Certification Level 5 Training,
ASBISINDO (2023).
- Risk Management Certification Level 7, LSPP (2024).
- Risk Management Certification Refresher Program, Banker Association
for Risk Management (2025).
Employment History
Saladin Dharma Legal Basis of Appointment
Nugraha Effendi Appointed as Director of Information Technology for the first time
based on the 2025 Annual GMS on March 24, 2025. Effective after
Director of Information Technology
obtaining OJK approval or Fit and Proper Test in accordance with OJK
Letter Number KEPR 57/D.03/2025 dated June 18, 2025.
Concurrent Positions
Citizenship - Deputy Chairman of Technology & Security, Association
of Indonesian National Banks (PERBANAS) (2024- present).
Indonesian citizens
- Chairman of Division 2 of SOEs Digital Forum (Fordigi)
(2025 - present).
Domicile
- Permanent Member with Voting Rights of Asset and Liability
Jakarta, Indonesia Committee (ALCO) BRI (2025 - present).
- Chairman of Information Technology Steering Committee BRI
Place and Year of Birth/Age (2025 - present).
- Permanent Member with Voting Rights of Product Committee 1
Born in Jakarta, in 1974. Non-Wholesale Segment BRI (2025- present).
Age 51 as of December 2025.
- Permanent Member with Voting Rights of BRI Transformation
Steering Committee (2025 - present).
Term of Office
- Permanent Member with Voting Rights of BRI Financial
2025 - 2030 (First Period) Conglomerate Governance Committee (2025 - present).
BRI Share Ownership Does not have a position in another public company.
None Work Experience
- Information Technology Consultant, PT Astra Graphia Information
Technology (2000 - 2003).
- Head of Competence (HoC), PT Bank Mandiri (Persero) Tbk
(2003 - 2006).
- Head of Information Technology, Senior Vice President (SVP),
HSBC Indonesia (2006 -2014).
- Head of IT Division, PT Bank Muamalat Indonesia Tbk (2014- 2018).
- Group Head Chief Information Security Officer,
PT Bank Mandiri (Persero) Tbk (2018 - 2023).
- Director of Information Technology PT Bank Syariah Indonesia Tbk
(2023 - 2025).
- Director of Information Technology BRI (2025 - present).
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Company Profile
Educational Background
- Bachelor of Accounting from Padjadjaran University, Bandung (1994).
- Master of Business Administration from Booth Business School,
University of Chicago, USA (2008).
Certification
- Risk Management Certification Level 7- BARa (2025).
- Banking Certification – Qualification Level 7 in Banking Risk
Management, LSPP (2024).
Training / Courses
- CEO/Senior Leadership Program – Imperial College Business School /
HSBC (2024).
- CEO/Senior Leadership ESG Certification Program – Imperial College
Business School / HSBC (2024).
- Global Leadership Forum – Commercial Banking, HSBC (2024).
- CEO Certification Program – Citibank, New York (2016).
Riko Adythia - CEO Risk Program – Citibank, New York (2016).
- Advanced Risk Program – Citibank (2013).
Director of Corporate Banking
Employment History
Legal Basis of Appointment
Citizenship Appointed as Director of Corporate Banking for the first time based on
Indonesian citizens the 2025 Annual GMS on March 24, 2025. Effective after obtaining OJK
approval or Fit and Proper Test in accordance with OJK Letter Number:
SR-212/PB.02/2025 dated June 26, 2025.
Domicile
Concurrent Positions
Jakarta, Indonesia
- Permanent Member with Voting Right of Environmental,
Place and Year of Birth/Age Social & Governance (ESG) Committee BRI (2025-present).
- Permanent Member with Voting Right of Credit Committee BRI
Born in Bandung, in 1973. (2025-present).
Age 52 as of December 2025. - Permanent Member with Voting Right of Asset and Liability
Committee (ALCO) BRI (2025-present).
Term of Office
Does not have a position in another public company.
2025 - 2030 (First Period)
Work Experience
BRI Share Ownership - VP/Structured Trade Finance Citibank New York (2001 -2003)
None - Director/ Deputy Country CFO Citi (2003 -2010)
- Director/COO Treasury & Trade Solutions Citi (2010-2012)
- Director/Country Head Treasury & Trade Solutions Citi (2012-2013)
- Managing Director/ Country Head Treasury & Trade Solutions Citi
(2013 -2015)
- Managing Director/ Country Head Global Subsidiaries Group Citi
(2015 - 2018)
- Managing Director Global Banking HSBC Indonesia (2018 - 2022)
- Direktur Wholesale Banking HSBC Indonesia (2023-2024)
- President Director (designate) HSBC Indonesia (2025)
- Director of Corporate Banking BRI (2025 - present).
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Educational Background
- Bachelor of International Relations from Padjadjaran University,
Bandung (1998).
- Master of International Business from Aston University, UK (2001).
Certification
Risk Management Certification Refreshment Level 7 (2025).
Employment History
Legal Basis of Appointment
Appointed as Director of Operations for the first time based on the
2025 Annual GMS on March 24, 2025. Effective after obtaining OJK
approval or Fit and Proper Test in accordance with OJK Letter Number
KEPR 44/D.03/2025 dated May 28, 2025.
Concurrent Positions
- Permanent Member with Voting Rights of Asset and Liability
Hakim Putratama Committee (ALCO) BRI (2025-present).
- Permanent Member with Voting Rights of Procurement Committee
Director of Operations
(2025-present).
- Alternate Chairman concurrently serves as Permanent Member with
Voting Rights of Information Technology Steering Committee BRI
(2025-present).
Citizenship - Permanent Member with Voting Rights of Procurement Committee 1
Indonesian citizens BRI (2025-present).
- Permanent Member with Voting Rights of Product Committee 1
Domicile Non-Wholesale Segment BRI (2025-present).
Does not have a position in another public company.
South Tangerang, Indonesia
Work Experience
Place and Year of Birth/Age
- Vice President (VP) of Marketing PT Bank Barclays Indonesia
Born in Palembang, in 1976. (2009 - 2010)
Age 49 as of December 2025. - Head of Acquisition of Citibank Ready Credit Citibank Indonesia
(2010 - 2012)
Term of Office - Senior Vice President (SVP) Head of Marketing & Segment Offering of
PT Bank Commonwealth (2012 - 2015).
2025 - 2030 (First Period) - Senior Vice President (SVP) Corporate Secretary Division
of PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk
BRI Share Ownership (2015 - 2018).
- Senior Vice President (SVP) Consumer Funding Retail Division
None
of PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk
(2018 -2022).
- Head of International and Transaction Banking of PT Bank
Pembangunan Daerah Jawa Barat dan Banten, Tbk (2022- 2023).
- Director of Institutional Banking of BTN (2023 - 2024).
- Director of Operations and Customer Experience of BTN (2024 - 2025).
- Director of Operations of BRI (2025 - present).
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Company Profile
Educational Background
- Bachelor of Accounting from Gadjah Mada University, Yogyakarta (1998).
Certification
- Guarantor Competency Certification for Management Sub-Division (2023)
- Risk Management Certification Level 7 (2025).
Employment History
Legal Basis of Appointment
Appointed as Director of Micro for the first time based on the 2025
Annual GMS on March 24, 2025. Effective after obtaining OJK approval
or Fit and Proper Test in accordance with OJK Letter Number 55/
KDK.03/2025 dated June 18, 2025.
Concurrent Positions
Permanent Member with Voting Rights of Asset and Liability Committee
(ALCO) BRI (2025-present)
Akhmad Purwakajaya
Does not have a position in another public company.
Director of Micro
Work Experience
- Executive Vice President SOE Division of BRI (2020 -2021).
- Special Branch Manager of BRI (2021 -2022).
Citizenship - Regional CEO of BRI Jakarta 1 (2022 -2023).
- President Director of PT Jamkrindo (2023 -2025).
Indonesian citizens
- Director of Micro BRI (2025- present).
Domicile
Jakarta, Indonesia
Place and Year of Birth/Age
Born in Metro Lampung Tengah, in 1971.
Age 54 as of December 2025.
Term of Office
2025 - 2030 (First Period)
BRI Share Ownership
243,500 shares
134 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Educational Background
Bachelor of Civi Engineering from University of Indonesia, Depok (1996).
Certification
Risk Management Certification Level 7.
Employment History
Legal Basis of Appointment
Appointed as Director of Treasury and International Banking for the first
time based on the 2025 Annual GMS on March 24, 2025. Effective after
obtaining OJK approval or Fit and Proper Test in accordance with OJK
Letter Number KEPR 64/D.03/2025 dated June 26, 2025.
Concurrent Positions
- Treasurer of Apuvindo (2025- present).
- Permanent Member with Voting Rights of Asset and Liability
Committee (ALCO) BRI (2025- present).
Farida Thamrin - Permanent Member of Credit Committee (2025-present).
- Permanent Member with Voting Rights of Procurement Committee 1
Director of Treasury and International Banking BRI (2025 - present).
Does not have a position in another public company.
Work Experience
Citizenship
- SVP Market Risk Group Head of Bank Mandiri (2015-2016).
Indonesian citizens - SVP Treasury Group Head of Bank Mandiri (2016-2019).
- Commisioner of PT Mandiri Sekuritas (2019 -2021).
Domicile
- SEVP Corporate Banking Solution Head of Bank Mandiri (2019-2021).
Jakarta, Indonesia - Commisioner of PT Bukit Pembangkit Inovatif (2021 -2024).
- Commisioner of PT Bukit Multi Investasi (2022- 2023).
Place and Year of Birth/Age - Director of Finance and Risk Management PT Bukit Asam (2021-2025).
- Director of Treasury and International Banking BRI (2025 - present).
Born in Jakarta, in 1972.
Age 53 as of December 2025.
Term of Office
2025 - 2030 (First Period)
BRI Share Ownership
19,800 shares
PT Bank Rakyat Indonesia (Persero) Tbk 135
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Company Profile
Educational Background
- Bachelor of Electrical Engineering from Gadjah Mada University,
Yogyakarta (2003).
- Master of Business Administration from University of Melbourne (2012).
Certification
Risk Management Certification Level 7 (2025).
Employment History
Legal Basis of Appointment
Appointed as Director of Risk Management for the first time based
on the Extraordinary GMS on December 17, 2025. Effective upon
obtaining approval from the Financial Services Authority (OJK)
or passing the Fit and Proper Test in accordance with OJK Letter
No. KEPR-37/D.03/2026 dated 13 March 2026.
Concurrent Positions
- Permanent Member with Voting Rights of BRI's Asset and Liability
Committee (ALCO) (2025-present).
Ety Yuniarti - Permanent Member with Voting Rights of BRI's Credit Policy
Committee (2025-present).
Director of Risk Management - Permanent Member with Voting Rights of BRI's Information
Technology Steering Committee (2025- present).
- Permanent Member with Voting Rights of BRI's Procurement
Committee 1 (2025- present).
Citizenship - Permanent Member with Voting Rights of Financial Conglomerate
Governance Committee BRI (2025- present).
Indonesian citizens
Does not have a position in another public company.
Domicile
Work Experience
South Tangerang, Indonesia
- Assistant Vice President - Head of Investor Communications
Department BRI (2015-2018).
Place and Year of Birth/Age
- Assistant Vice President - Head of Strategic Investments Department
Born in Klaten, in 1981. BRI July (2018-2019).
Age 44 as of December 2025. - Assistant Vice President, Deputy Head of Asset Liability Management
& MIS Group BRI (2019-2020).
Term of Office - Senior Vice President - Head of Credit Risk & Policy Group BRI
(2020 -2021).
2025 - 2030 (First Period) - Executive Vice President, Head of Enterprise Risk Group BRI
(2022-2025).
BRI Share Ownership - President Commisioner, BRI Ventura Investama (2022-2025).
193,262 shares - Senior Executive Vice President, Head of Retail Risk Sub Directorate
BRI (2025 - 2025).
- Director of Risk Management BRI (2025- present).
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Educational Background
- Economics - Universitas Pembangunan Nasional "Veteran", Surabaya
(1998)
- Master of Business Administration (MBA) from Clark University,
Massachusetts, USA (2010)
Certification
- Risk Management Certification Level 7 (2025).
- Capital Market Professional Certificate, New York Institute of Finance,
New York, USA (2017)
Employment History
Legal Basis of Appointment
Appointed as Director of Consumer Banking for the first time based
on the Extraordinary GMS on December 17, 2025. Effective upon
obtaining approval from the Financial Services Authority (OJK)
Aris Hartanto or passing the Fit and Proper Test in accordance with OJK Letter
No. KEPR-38/D.03/2026 dated 13 March 2026.
Director of Consumer Banking
Concurrent Positions
- Permanent Member with Voting Rights of BRI's Asset and Liability
Committee (ALCO) (2025 - present).
Citizenship Does not have a position in another public company.
Indonesian citizens Work Experience
- Business Manager - BRI New York Agency (2014-2018).
Domicile - General Manager - Branch BRI Singapore (2018 -2020).
Jakarta, Indonesia - Division Head - Distribution Network Division (2020-2022).
- Regional CEO of Regional Office, BRI Medan (2022-2024).
Place and Year of Birth/Age - President Director of PT Asuransi BRI Life (2024-2025).
- Director of Consumer Banking BRI (2025-present).
Born in Ponorogo, in August 27, 1975.
Age 50 as of August 2025.
Term of Office
2025 - 2030 (First Period)
BRI Share Ownership
430,964 shares
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Company Profile
Educational Background
- Bachelor of Economics from Padjadjaran University, Bandung (1998).
- Master of Business Administration from Tulane University, New Orleans,
USA (2007).
Certification
- Risk Management Certification Level 7 (2023).
- Treasury Certification Tier 7 (2023).
- Securities Underwriting Certification Level 5 (2025)
- Investment Management Certification Level 5 (2025).
- General Pension Fund Management Certification (2025).
Training History
- Driving Profitable Growth dari Harvard Business School, USA (2020).
- Advance Int'l Corporation Finance INSEAD, France (2021).
- Venture Capital Wharton Business School, USA (2021).
- High Performance Board from IMD, Switzerland (2022).
- Effective Asset Management from London School of Economy, UK
Achmad Royadi (2023).
- Leading Growth Strategy from Kellog Business School/BSE, USA
Director of Finance & Strategy (2024).
- High Impact Leadership from Columbia Business School, USA (2024).
Employment History
Citizenship
Legal Basis of Appointment
Indonesian citizens
Appointed as Director of Finance & Strategy for the first time based
on the Extraordinary GMS on December 17, 2025. Effective upon
Domicile obtaining approval from the Financial Services Authority (OJK)
Jakarta, Indonesia or passing the Fit and Proper Test in accordance with OJK Letter
No. KEPR-36/D.03/2026 dated 13 March 2026.
Place and Year of Birth/Age Concurrent Positions
Born in Jakarta, in 1975. - Permanent Member with Voting Rights of the Asset and Liability
Committee (ALCO) of BRI (2025 - present).
Age 50 as of December 2025.
- Alternate Chairman 2 of Product Committee 1 Wholesale Segment
BRI (2025 - present).
Term of Office
- Alternate Chairman 2 of Product Committee 1 Non-Wholesale
2025 - 2030 (First Period) Segment BRI (2025 - present).
- Alternate Chairman 2 concurrently serves as Permanent Member
BRI Share Ownership with Voting Rights of Transformation Steering Committee BRI
(2025 - present).
1,215,672 shares - Permanent Member with Voting Rights of Financial Conglomerate
Governance Committee BRI (2025 - present).
Does not have a position in another public company.
Work Experience
- Vice President – Corporate Development & Strategy Division
(2017-2018).
- Executive Vice President Investor Relations BRI (2018 -2021).
- Senior Executive Vice President Treasury & Global Services BRI
(2021 - 2025).
- President Commissioner BRI Danareksa Sekuritas (2022 -2025).
- Director of Finance & Strategy BRI (2025 - present).
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Educational Background
- Bachelor of Economics from Saburai University, Bandar Lampung (2005).
- Master of Law from University of Lampung, Bandar Lampung (2016).
Certification
Risk Management Certification Level 7 (2024).
Employment History
Legal Basis of Appointment
Appointed as Director of Legal & Compliance for the first time based
on the Extraordinary GMS on December 17, 2025. Effective upon
obtaining approval from the Financial Services Authority (OJK)
or passing the Fit and Proper Test in accordance with OJK Letter
No. KEPR-35/D.03/2026 dated 13 March 2026.
Concurrent Positions
Permanent Member without Voting Rights of the Environmental,
Mahdi Yusuf Social & Governance (ESG) Committee BRI (2025-present).
Director of Legal & Compliance Does not have a position in another public company.
Work Experience
- Head of the General Division PT Bank Pembangunan Daerah
Lampung (2019 -2020).
Citizenship - Director of Compliance PT Bank Pembangunan Daerah Lampung
Indonesian citizens (2020-2024).
- Director of Compliance PT Bank Pembangunan Daerah Lampung
Domicile (2024-2024).
- Acting President Director of PT Bank Pembangunan Daerah Lampung
Jakarta, Indonesia (2024- 2025).
- President Director of PT Bank Pembangunan Daerah Lampung (2025).
Place and Year of Birth/Age - Director of Legal & Compliance BRI (2025 - present).
Born in Pagelaran, in 1965.
Age 60 as of December 2025.
Term of Office
2025 - 2030 (First Period)
BRI Share Ownership
None
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Company Profile
Previous Directors Profile
Place and Year of Birth/Age
Born in Pandeglang, in 1964. Age 61 as of December 2025.
Educational Background
- Bachelor of Accounting, Padjadjaran University (1988).
- Master of Management, Bogor Agricultural Institute (1999).
Certification
Risk Management Certification Level 7.
Work Experience
- Director of Wholesale and Institutional Business BRI (2019 - 2025).
Agus Noorsanto* - Vice President Director of BRI (2025).
Vice President Director
Legal Basis of Appointment
Appointed as Vice President Director at the 2025 Annual GMS on March 24, 2025.
Citizenship
Indonesian citizens Concurrent Positions
Does not hold any concurrent positions
Domicile
Jakarta, Indonesia Term of Office
2019 -2024 (First Period).
* Dismissed in the Extraordinary GMS 2024- 2025 (Second Period).
dated December 17, 2025
BRI Share Ownership
3,938,641 shares (as of November 2025)
Place and Year of Birth/Age
Born in Malang, in 1970. Age 55 as of December 2025.
Educational Background
- Bachelor of Agricultural Technology, University of Jember (1990).
- Master of Management, Marketing/MIS, UGM/Adger Collage University Norway (2000).
Certification
Risk Management Certification Level 7.
Work Experience
- Director of Compliance BRI (2021 – 2025).
Ahmad Solichin Lutfiyanto* - Director of Human Capital & Compliance BRI (2025).
Director of Human Capital & Compliance
Legal Basis of Appointment
Appointed as Director of Human Capital & Compliance at the 2025 Annual GMS
Citizenship on March 24, 2025.
Indonesian citizens
Concurrent Positions
Domicile Does not hold any concurrent positions
Jakarta, Indonesia
Term of Office
* Dismissed in the Extraordinary GMS 2018-2023 (First Period).
dated December 17, 2025
2023 -2025 (Second Period).
BRI Share Ownership
5,454,170 shares (as of November 2025)
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Annual Report
2025
Place and Year of Birth/Age
Born in Bojonegoro, in 1981. Age 44 as of December 2025.
Educational Background
Bachelor of Geophysics and Meteorology from Bandung Institute of Technology (2004).
Certification
Risk Management Certification Alignment – Banker Association for Risk Management (BARA)
– Jakarta (2024)
Work Experience
- Director of Commercial and MSMEs at bank bjb (2020 -2025).
Nancy Adistyasari* - Director of Consumer Banking BRI (2025).
Director of Consumer Banking
Legal Basis of Appointment
Appointed as Director of Consumer Banking for the first time based
Citizenship on the 2025 Annual GMS on March 24, 2025.
Indonesian citizens
Concurrent Positions
Domicile Does not hold any concurrent positions
Jakarta, Indonesia
Term of Office
* Dismissed in the Extraordinary GMS 2025 (First Period)
dated December 17, 2025
BRI Share Ownership
9,000 shares (as of November 2025)
Place and Year of Birth/Age
Born in Kulon Progo, in 1969. Age 56 as of December 2025.
Educational Background
- Bachelor of Economics from University of Indonesia, Depok (1995).
- Master of International Management from Gadjah Mada University, Yogyakarta (1997).
Certification
Risk Management Certification Level 7.
Work Experience
- Director of Human Capital & Compliance PT Bank Negara Indonesia (2022-2024).
Mucharom*
- Director of Risk Management BRI (2025).
Director of Risk Management
Legal Basis of Appointment
Appointed as Director of Risk Management for the first time based on the 2025 Annual GMS
Citizenship
on March 24, 2025.
Indonesian citizens
Concurrent Positions
Domicile
Does not hold any concurrent positions
Jakarta, Indonesia
Term of Office
* Dismissed in the Extraordinary GMS 2025 (First Period)
dated December 17, 2025
BRI Share Ownership
None
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Company Profile
Place and Year of Birth/Age
Born in Pasuruan, in 1963. Age 62 as of December 2025.
Educational Background
- Bachelor of Agronomy, Bogor Agricultural Institute (1988).
- Master of Business Administration, University of Indonesia, Depok (2002).
Certification
Risk Management Certification Level 7.
Work Experience
- President Director of PT Pegadaian (Persero) (2017-2019).
Sunarso*
- Vice President Director of BRI (2019).
President Director - President Director of BRI (2019 - 2025).
Legal Basis of Appointment
Citizenship
Appointed as President Director based on the Annual GMS on March 13, 2023.
Indonesian citizens
Concurrent Positions
Domicile
Does not hold any concurrent positions
Jakarta, Indonesia
Term of Office
* Dismissed in the Annual GMS
2019 -2024 (First Period).
dated March 24, 2025
2023-2025 (Second Period).
BRI Share Ownership
3,234,856 shares (as of February 2025)
Place and Year of Birth/Age
Born in Demak, in 1963. Age 62 as of December 2025.
Educational Background
- Bachelor of Agronomy, Bogor Agricultural University (1986).
- Master of Management, Prasetya Mulya University (2002).
Certification
- Risk Management Certification Level 7.
- Certified Wealth Manager from The Certified Wealth Managers’ Association.
Work Experience
Catur Budi Harto*
- Director of Small Business & Network BNI (2017- 2019).
Vice President Director - Deputy President Director of PT Bank Rakyat Indonesia (Persero) Tbk (2019 - 2025).
Legal Basis of Appointment
Citizenship
Appointed at the 2024 Annual GMS on March 1, 2024.
Indonesian citizens
Concurrent Positions
Domicile
Does not hold any concurrent positions
Jakarta, Indonesia
Term of Office
* Dismissed in the Annual GMS 2019-2024 (First Period).
dated March 24, 2025
2024- 2025 (Second Period).
BRI Share Ownership
1,839,057 shares (as of February 2025)
142 PT Bank Rakyat Indonesia (Persero) Tbk
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Place and Year of Birth/Age
Born in Surabaya, in 1965. Age 60 as of December 2025.
Educational Background
- Bachelor of Dentistry, Airlangga University (1988).
- Master of Management, Padjadjaran University (2001).
Certification
- Risk Management Certification Level 7.
- Capital Market Competency Certification Level 5.
Work Experience
Handayani* - Director of Consumer Banking, PT Bank Tabungan Negara (Persero) Tbk (2016 – 2017).
Director of Consumer Business - Director of Consumer, PT Bank Rakyat Indonesia (Persero) Tbk (2017 – 2025).
- Vice Chairman, CWMA (2017 – present).
- Secretary General, ASPI (2019 – present).
Citizenship
Legal Basis of Appointment
Indonesian citizens
Appointed as Director of Consumer Business based on the results of the Annual GMS
Domicile on March 1, 2022.
Jakarta, Indonesia
Concurrent Positions
* Dismissed in the Annual GMS - Vice Chairman of CWMA (2017- present)
dated March 24, 2025 - Secretary General of ASPI (2019 - present)
Term of Office
2017-2022 (First Period).
2022- 2025 (Second Period).
BRI Share Ownership
3,425,200 shares (as of February 2025)
Place and Year of Birth/Age
Born in Ngawi, in 1966. Age 59 as of December 2025.
Educational Background
- Bachelor of Agricultural Technology, Brawijaya University (1989).
- Master in Agribusiness Management, Gadjah Mada University (2005).
Certification
Risk Management Certification Level 7.
Work Experience
- Director of Retail and Medium Business PT Bank Rakyat Indonesia (Persero) Tbk (2018 – 2019).
Supari*
- Director of Micro Business PT Bank Rakyat Indonesia (Persero) Tbk (2019 – 2025).
Director of Micro Business
Legal Basis of Appointment
Appointed as Director of Micro Business based on the Annual GMS
Citizenship
on March 13, 2023.
Indonesian citizens
Concurrent Positions
Domicile
Does not hold any concurrent positions
Jakarta, Indonesia
Term of Office
* Dismissed in the Annual GMS 2018-2023 (First Period).
dated March 24, 2025
2023-2025 (Second Period).
BRI Share Ownership
2,890,914 shares (as of February 2025)
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Company Profile
Place and Year of Birth/Age
Born in Jakarta, in 1964. Age 61 as of December 2025.
Educational Background
- Bachelor of Law, University of Indonesia, Depok (1988).
- Master of Management, University of Indonesia, Depok (2004).
Certification
- Risk Management Certification Level 7.
- Certified Wealth Manager from The Certified Wealth Managers’ Association.
Work Experience
Agus Sudiarto*
Director of Risk Management - SEVP Special Asset Management Bank Mandiri (2017-2019).
- Director of Risk Management PT Bank Rakyat Indonesia (Persero) Tbk (2019 -2025).
Citizenship Legal Basis of Appointment
Indonesian citizens Appointed at the 2024 Annual GMS on March 1, 2024.
Domicile Concurrent Positions
Jakarta, Indonesia Does not hold any concurrent positions
* Dismissed in the Annual GMS Term of Office
dated March 24, 2025
2019-2024 (First Period).
2024-2025 (Second Period).
BRI Share Ownership
1,717,400 shares (as of February 2025)
Place and Year of Birth/Age
Born in Jakarta, in 1965. Age 60 as of December 2025.
Educational Background
- Bachelor of Corporate Economics, University of Krisnadwipayana (1988).
- Master in Financial Management, PPM College of Management (2001).
- Doctor of HR Management, Jakarta State University (2024).
Certification
- Risk Management Certification Level 5.
- Certified Wealth Manager from The Certified Wealth Managers’ Association.
Agus Winardono* - Qualified Internal Auditor.
Director of Human Capital Work Experience
- Director of Human Capital BRI (2021 -2025).
Citizenship - Chair of Sector V FHCI BUMN (2024- present).
Indonesian citizens - Chair of PMO for the Development of Integrated Human Capital Applications in BUMN
(2023 - present).
Domicile - Vice Chair of Sector I – Digital Capacity Building Forum for BUMN Digital (2023- present).
Jakarta, Indonesia - Treasurer of BUMN School of Excellence (2023 - present).
* Resigned from office on March 24, 2025 Legal Basis of Appointment
Appointed as Director of Human Capital BRI for the first time based on the results
* Dismissed in the Annual GMS
dated March 24, 2025
of the Extraordinary GMS on January 21, 2021.
Concurrent Positions
- Chair of Sector V FHCI BUMN (2024 - present).
- Chair of PMO for the Development of Integrated Human Capital Applications in BUMN
(2023 - present).
- Vice Chair of Sector I – Digital Capacity Building Forum for BUMN Digital (2023 - present).
- Treasurer of BUMN School of Excellence (2023 - present).
Term of Office
2021 - 2025 (First Period).
BRI Share Ownership
1,503,481 shares (as of February 2025)
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Place and Year of Birth/Age
Born in Situbondo, in 1968. Age 57 per December 2025.
Educational Background
- Bachelor of Agro-industrial Technology, Brawijaya University (1991).
- Master of Business Administration, the University of Adelaide, Australia (2006).
Certification
- Risk Management Certification Level 5.
- Certified Wealth Manager from The Certified Wealth Managers’ Association.
- Qualified Internal Auditor.
Amam Sukriyanto*
Work Experience
Director of Commercial, Small
and Medium Business - SEVP of Fixed Assets Management & Procurement Directorate BRI (2020 - 2021).
- Director of Small and Medium Business BRI (2021 -2024).
- Director of Commercial, Small, and Medium Business BRI (2024- 2025).
Citizenship
Legal Basis of Appointment
Indonesian citizens
Appointed as the Director of Small & Medium Business BRI for the first time based on the
Domicile results of the Extraordinary General Meeting of Shareholders (RUPS) on January 21, 2021.
Jakarta, Indonesia In the 2024 Annual General Meeting of Shareholders (RUPS) on March 1, 2024, there was
a change in nomenclature from Director of Small and Medium Business to Director of
* Dismissed in the Annual GMS Commercial, Small, and Medium Business.
dated March 24, 2025
Concurrent Positions
Does not hold any concurrent positions
Term of Office
2021 - 2025 (First period).
BRI Share Ownership
1,526,754 shares (as of February 2025)
Place and Year of Birth/Age
Born in Jakarta, in 1981. Age 44 as of December 2025.
Educational Background
- Bachelor of Informatics Engineering, Bina Nusantara University (2003).
- Master of Science, Carnegie Mellon University, USA (2011).
Certification
- Risk Management Certification Level 7.
- Certified Trade Specialist For Basic Trade Finance.
- CISA Review Course & Certification.
Arga M. Nugraha* Work Experience
Director of Digital
- EVP Brilink Network Division BRI (2020 - 2021).
and Information Technology
- Director of Network & Services PT Bank Rakyat Indonesia (Persero) Tbk (2021 - 2022).
- Director of Digital & Information Technology (2022 - 2025).
Citizenship
Legal Basis of Appointment
Indonesian citizens
Appointed as Director of Network & Services of BRI for the first time based on the Results of
Domicile the Extraordinary GMS on January 21, 2021. At the Annual GMS on March 1, 2022, his duties
Jakarta, Indonesia were transferred to Director of Digital & Information Technology.
Concurrent Positions
* Dismissed in the Annual GMS
dated March 24, 2025
Does not hold any concurrent positions
Term of Office
2021 - 2025 (First Period).
BRI Share Ownership
1,313,785 shares (as of February 2025)
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Company Profile
Place and Year of Birth/Age
Born in Surabaya, in 1974. Age 51 as of December 2025.
Educational Background
- Bachelor (Accounting), Airlangga University (1998).
- Master (Finance), Indiana University, USA (2012).
Certification
Risk Management Certification Level 7.
Work Experience
Andrijanto*
- Head of Planning, Budgeting & Performance Management Division of BRI (2021 - 2022).
Director of Retail Funding
and Distribution - Director of BRI Network and Services (2022 - 2024).
- Director of BRI Retail Funding and Distribution (2024 - 2025).
Citizenship Legal Basis of Appointment
Indonesian citizens Appointed as Director of Network & Services of BRI for the first time based on the Results of
the Annual GMS on March 1, 2022. At the 2024 Annual General Meeting of Shareholders on
Domicile
March 1, 2024, there was a change in nomenclature from Director of Network and Services to
Jakarta, Indonesia Director of Retail Funding and Distribution.
Concurrent Positions
* Dismissed in the Annual GMS
dated March 24, 2025
Does not hold any concurrent positions
Term of Office
2022 - 2025 (First Period).
BRI Share Ownership
1,123,000 shares (as of February 2025)
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Affiliate Relations of Members of The Board of Directors
Table of Directors Affiliation Relations
Financial and Family Relations of the Board of Directors Management
Financial Relations With Family Relations With
Management
Board of Board of Relations*
Board of Controlling Board of Controlling
Name Position Commis- Commis-
Director* shareholders* Director* shareholders*
sioners* sioners*
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
President
Hery Gunardi
Director
Viviana Dyah Vice President
Ayu R. K. Director
Director of
Aquarius
Network and
Rudianto
Retail Funding
Alexander Director of
Dippo Paris Commercial
Y. S. Banking
Saladin
Director of
Dharma
Information
Nugraha
Technology
Effendi
Director of
Riko Adythia Corporate
Banking
Hakim Director of
Putratama Operations
Akhmad Director of
Purwakajaya Micro
Director of
Treasury and
Farida Thamrin
International
Banking
Director of Risk
Ety Yuniarti
Management
Director of
Aris Hartanto Consumer
Banking
Director of
Achmad
Finance &
Royadi
Strategy
Director
Mahdi Yusuf of Legal &
Compliance
Agus Vice President
Noorsanto** Director
Director of
Ahmad Solichin
Human Capital
Lutfiyanto**
& Compliance
Director of
Nancy
Consumer
Adistyasari**
Banking
Director of Risk
Mucharom**
Management
*
Directly or indirectly.
**
Resigned from office on March 24, 2025.
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Company Profile
Board of Directors Education and/or Training
A description of the education and/or training for the Board of Directors is presented in the Corporate Governance Chapter.
Changes in The Composition of The Members of The Board of Directors
and The Reasons for The Changes
During 2025, there will be changes in the composition of members of the Board of Directors. Changes in the composition of
members of the Board of Directors are carried out based on the Company’s needs. Changes in the composition of members of
the Board of Directors are as follows.
Composition of The Board of Directors Before The 2025 Annual GMS
Thus, the composition of the Board of Directors after the 2025 Annual GMS consists of 12 individuals, comprising 1 President
Director, 1 Vice President Director, and 10 Directors. The composition and basis for the appointment of the Directors can be
seen in the table below.
Table of Composition and Basis for Appointment of Directors Before the 2025 Annual GMS
Name Position Executor Basis of Appointment Effective date
• Extraordinary GMS on September 2, 2019
Sunarso President Director OJK December 20, 2019
• Annual GMS on March 13, 2023
• Extraordinary GMS on September 2, 2019
Catur Budi Harto Vice President Director OJK December 20, 2019
• Annual GMS on March 1, 2024
Director of Consumer • Extraordinary GMS on October 18, 2017
Handayani OJK March 14, 2018
Business • Annual GMS on March 1, 2022
• Annual GMS on March 22, 2018
Supari Director of Micro Business OJK December 4, 2018
• Annual GMS on March 13, 2023
• Annual GMS on March 22, 2018
Ahmad Solichin • Appointed as Compliance Director based on
Director of Compliance OJK April 1, 2021
Lutfiyanto the Extraordinary GMS on January 21, 2021
• Annual GMS on March 13, 2023
• Extraordinary GMS on September 2, 2019
Agus Sudiarto Director of Risk Management OJK December 20, 2019
• Annual GMS on March 1, 2024
Director of Wholesale • Extraordinary GMS on September 2, 2019
Agus Noorsanto OJK December 20, 2019
and Institutional Business • Annual GMS on March 1, 2024
Agus Winardono Director of Human Capital OJK Extraordinary GMS on January 21, 2021 April 14, 2021
Director of Small and Medium
Amam Sukriyanto OJK Extraordinary GMS on January 21, 2021 April 14, 2021
Business
Viviana Dyah
Director of Finance OJK Extraordinary GMS on January 21, 2021 April 14, 2021
Ayu R.K.
Director of Digital and
Arga M. Nugraha OJK Extraordinary GMS on January 21, 2021 April 14, 2021
Information Technology
Director of Retail Funding
Andrijanto OJK Annual GMS on March 1, 2022 June 22, 2022
and Distribution
Composition of The Board 0f Directors After The 2025 Annual GMS
On March 24, 2025, the 2025 Annual General Meeting of Shareholders decided:
1. Honorably dismissed the following individuals as Company Management:
a. Sunarso as President Director
b. Catur Budi Harto as Vice President Director
c. Handayani as Director of Consumer Business
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d. Supari as Director of Micro Business 3. Transferred assignments of the following individuals as
e. Amam Sukriyanto as Director of Commercial, Small members of the Board of Directors:
and Medium Business a. Agus Noorsanto, previously Director of Wholesale
f. Arga Mahanana Nugraha as Director of Digital and and Institutional Business became Vice President
Teknologi Informasi Director
g. Agus Winardono as Director of Human Capital b. Ahmad Solichin Lutfiyanto, previously Director of
h. Agus Sudiarto as Director of Risk Management Compliance became Director of Human Capital &
i. Andrijanto as Director of Retail Funding and Compliance
Distribution 4. Appointed the following individuals as Company
j. Viviana Dyah Ayu R.K. as Director of Finance Management:
2. Changed the nomenclature of the following Board of a. Hery Gunardi as President Director
Directors members: b. Hakim Putratama as Director of Operations
a. Director of Compliance and Director of Human Capital c. Riko Adythia as Director of Corporate Banking
became Director of Human Capital & Compliance d. Aquarius Rudianto as Director of Network and Retail
b. Director of Consumer Business became Director of Funding
Consumer Banking e. Farida Thamrin as Director of Treasury and
c. Director of Wholesale and Institutional Business International Banking
became Director of Corporate Banking f. Akhmad Purwakajaya as Director of Micro
d. Director of Micro Business became Director of Micro g. Alexander Dippo Paris Y. S. as Director of Commercial
e. Director of Finance became Director of Finance & Banking
Strategy h. Nancy Adistyasari as Director of Consumer Banking
f. Director of Digital and Information Technology i. Viviana Dyah Ayu R.K. as Director of Finance &
became Director of Information Technology Strategy
g. Director of Commercial, Small, and Medium Business j. Mucharom as Director of Risk Management
became Director of Commercial Banking k. Saladin Dharma Nugraha Effendi as Director of
h. Director of Retail Funding and Distribution became Information Technology
Director of Network and Retail Funding
i. Director of Treasury and International Banking
j. Director of Operations
Thus, the composition of the Board of Directors after the 2025 Annual GMS consists of 13 individuals, comprising 1 President
Director, 1 Vice President Director, and 11 Directors. The composition and basis for the appointment of the Directors can be seen
in the table below.
Table of Composition and Basis for Appointment of Directors After the 2025 Annual GMS
Name Position Executor Basis of Appointment Effective date
Hery Gunardi President Director OJK Annual GMS on March 24, 2025 May 28, 2025
• Extraordinary GMS on September 2, 2019
Agus Noorsanto Vice President Director OJK • Annual GMS on March 1, 2024 December 20, 2019
• Annual GMS on March 24, 2025
• Annual GMS on March 22, 2018
• Appointed as Director of Compliance
Director of Human Capital
Ahmad Solichin Lutfiyanto OJK based on Extraordinary GMS on January April 1, 2021
& Compliance
21, 2021
• Annual GMS on March 13, 2023
• Extraordinary GMS on January 21, 2021
Viviana Dyah Ayu R. K. Director of Finance & Strategy OJK April 14, 2021
• Annual GMS on March 24, 2025
Hakim Putratama Director of Operations OJK Annual GMS on March 24, 2025 May 28, 2025
Riko Adythia Director of Corporate Banking OJK Annual GMS on March 24, 2025 June 26, 2025
Director of Network and Retail
Aquarius Rudianto OJK Annual GMS on March 24, 2025 May 28, 2025
Funding
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Company Profile
Name Position Executor Basis of Appointment Effective date
Director of Treasury
Farida Thamrin OJK Annual GMS on March 24, 2025 June 26, 2025
and International Banking
Akhmad Purwakajaya Director of Micro OJK Annual GMS on March 24, 2025 June 18, 2025
Director of Commercial
Alexander Dippo Paris Y.S. OJK Annual GMS on March 24, 2025 June 18, 2025
Banking
Nancy Adistyasari Director of Consumer Banking OJK Annual GMS on March 24, 2025 -
Mucharom Director of Risk Management OJK Annual GMS on March 24, 2025 June 18, 2025
Saladin Dharma Nugraha Director of Information
OJK Annual GMS on March 24, 2025 June 18, 2025
Effendi Technology
Composition of The Board of Directors After The 2025 Annual GMS
On December 17, 2025, the 2025 Extraordinary General Meeting of Shareholders decided:
1. Honorably dismissed the following individuals as Company Management:
a. Agus Noorsanto as Vice President Director
b. Achmad Solichin Lutfiyanto as Director of Human Capital & Compliance
c. Mucharom as Director of Risk Management
d. Nancy Adistyasari as Director of Consumer Banking
2. Changed the nomenclature of the Board of Directors from Director of Human Capital & Compliance to Director of Legal &
Compliance.
3. Reassigned Viviana Dyah Ayu R.K., originally Director of Finance & Strategy, to Vice President Director.
4. Appointed the following individuals as Company Management:
a. Achmad Royadi as Director of Finance & Strategy
b. Mahdi Yusuf as Director of Legal & Compliance
c. Ety Yuniarti as Director of Risk Management
d. Aris Hartanto as Director of Consumer Banking
Thus, the composition of the Board of Directors after the 2025 Extraordinary GMS consists of 13 individuals, comprising
1 (one) President Director, 1 (one) Vice President Director, and 11 (eleven) Directors. The composition and basis for the
appointment of the Directors can be seen in the table below.
Table of Composition and Basis for Appointment of Directors After the 2025 Extraordinary GMS
Name Position Executor Basis of Appointment Effective date
Hery Gunardi President Director OJK Annual GMS on March 24, 2025 May 28, 2025
• Extraordinary GMS on January 21,
2021
• Annual GMS on March 24, 2025 In the process of Fit
Viviana Dyah Ayu R.K. Vice President Director OJK
• Extraordinary GMS dated December and Proper Test
17, 2025 (reassignment of duties as
Vice President Director)
Hakim Putratama Director of Operations OJK Annual GMS on March 24, 2025 May 28, 2025
Riko Adythia Director of Corporate Banking OJK Annual GMS on March 24, 2025 June 26, 2025
Director of Network and Retail
Aquarius Rudianto OJK Annual GMS on March 24, 2025 May 28, 2025
Funding
Director of Treasury and
Farida Thamrin OJK Annual GMS on March 24, 2025 June 26, 2025
International Banking
Akhmad Purwakajaya Director of Micro OJK Annual GMS on March 24, 2025 June 18, 2025
Alexander Dippo Paris Y.S. Director of Commercial Banking OJK Annual GMS on March 24, 2025 June 18, 2025
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Name Position Executor Basis of Appointment Effective date
Saladin Dharma Nugraha Director of Information
OJK Annual GMS on March 24, 2025 June 18, 2025
Effendi Technology
Extraordinary GMS on December 17,
Mahdi Yusuf Director of Legal & Compliance OJK March 13, 2026
2025
Extraordinary GMS on December 17,
Aris Hartanto Director Consumer Banking OJK March 13, 2026
2025
Extraordinary GMS on December 17,
Achmad Royadi Director of Finance & Strategy OJK March 13, 2026
2025
Extraordinary GMS on December 17,
Ety Yuniarti Director of Risk Managment OJK March 13, 2026
2025
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Company Profile
Board of Commissioner’s
Profile
Educational Background
- Bachelor of Accounting, University of Indonesia, Depok (1996).
- Master of Business Administration, Erasmus University, Rotterdam,
Netherlands (2001).
Certification
Risk Management Certification Level 7.
Employment History
Legal Basis of Appointment
Appointed as President Commissioner of BRI for the first time on
February 18, 2020 based on the results of the 2020 BRI AGMS
resolution. Effective after obtaining OJK approval or Fit and Proper
Test according to OJK Letter Number 46/ KDK.03/2020 dated July 03,
2020. Then reappointed at the 2025 Annual GMS on March 24, 2025.
Concurrent Positions
Kartika Wirjoatmodjo - Member of the APEC Business Advisory Council (ABAC) -
Indonesian Member (2017 - present).
President Commissioner
- Deputy Chairman of the Indonesian Chamber of Commerce
and Industry for State-Owned Enterprises - Indonesian Chamber
of Commerce and Industry (KADIN) (2021 - present).
- Member of Nomination and Remuneration Committee of
Citizenship PT Bank Rakyat Indonesia (Persero) Tbk (2025 - present).
Indonesian citizens - Member of the Integrated Governance Committee of
PT Bank Rakyat Indonesia (Persero) Tbk (2025 - present).
Domisili - Member of the Risk Monitoring Committee (2025 - present).
Jakarta, Indonesia Does not have a position in another public company.
Place and Year of Birth/Age Work Experience
- President Director and CEO of Indonesia Infrastucture Finance (IIF)
Born in Surabaya, in 1973. (2011 - 2013).
Age 52 as of December 2025.
- Chief Executive and Member of the Board of Commissioners
of Indonesia Deposit Insurance Corporation (LPS) (2024 - 2015).
Term of Office
- President Director of PT Bank Mandiri (Persero) Tbk (2016 - 2019).
2020 – 2025 (First Period) - Chairman of Indonesian Banks Association (PERBANAS)
2025 – 2030 (Second Period) (2016 - 2024).
- Member of the APEC Business Advisory Council (ABAC) – Indonesia
BRI Share Ownership (2017 - present).
- President Commissioner of PT Bank Mandiri (Persero) Tbk
1,678,000 shares
(2019 - 2020).
- Deputy Minister of State-Owned Enterprises, Republic of Indonesia
(2019 - 2025).
- President Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk
(2020 - present).
- Vice Chairman for State-Owned Enterprises Affairs, Indonesian
Chamber of Commerce and Industry (KADIN) (2021 - present).
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Educational Background
- Bachelor of Economics from University of Indonesia, Depok (1985).
- Master of Finance from State University of New York, Buffalo, USA (1988).
Certification
Risk Management Certification Level 6.
Employment History
Legal Basis of Appointment
Appointed as Vice President Commissioner/Independent Commissioner
of BRI for the first time based on the results of the 2025 GMS resolution
on March 24, 2025. Effective after obtaining OJK approval or Fit and
Proper Test and in accordance with the OJK Board of Commissioners
Decree Number KEPR-145/D.03/2025 dated September 15, 2025.
Concurrent Positions
Parman Nataatmadja - Member of the Audit Committee of BRI (2025-present).
- Member of the Nomination and Remuneration Committee BRI
Vice President Commissioner/ (2025- present).
Independent Commissioner - Chairman of the Risk Monitoring Committee BRI (2025-present).
Does not have a position in another public company.
Citizenship Work Experience
- President Commissioner of PT PNM Investment Management
Indonesian citizens
(2008 -2018).
- President Director of PT Permodalan Nasional Madani (Persero)
Domicile
(2008-2018)
Jakarta, Indonesia - President Commissioner of PT PNM Venture Capital (2008-2018).
- President Commissioner of Mitra Dagang Madani (2017-2018).
Place and Year of Birth/Age - Commissioner of PT PNM Investment Management (2018).
- Special Staff V to the Minister of BUMN (2018-2019).
Born in Jakarta, in 1957.
- President Commissioner of PT Bank BRIsyariah, Tbk (2019 -2020).
Age 68 as of December 2025.
- Commissioner of Bank Tabungan Negara (Persero)Tbk (2018-2019).
Term of Office - Expert Staff of the Minister of ATR/BPN (2020 -2021).
- Commissioner of PT Permodalan Nasional Madani (2020 - 2025).
2025 – 2030 (First Period). - Head of the Executive Board, Badan Bank Tanah (2021- 2025).
- Vice President Commissioner/Independent Commissioner
BRI Share Ownership of PT Bank Rakyat Indonesia (2025 - present).
None
PT Bank Rakyat Indonesia (Persero) Tbk 153
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Company Profile
Educational Background
- Bachelor of Economics & Development Studies from Padjadjaran
University, Bandung (1990).
- Master of Economics and Finance from Loughborough University, UK
(1999).
Certification
Risk Management Certification Level 6.
Employment History
Legal Basis of Appointment
Appointed as Independent Commissioner of BRI for the first time based
on the results of the 2025 annual GMS resolution on March 24, 2025.
Effective after obtaining OJK approval or Fit and Proper Test and in
accordance with the OJK Board of Commissioners Decree Number
KEPR-203/D.03/2025 dated October 24, 2025.
Edi Susianto Concurrent Positions
Independent Commissioner - Chairman of the Audit Committee of BRI (2025 – present).
- Chairman of the Nomination and Remuneration Committee BRI
(2025 – present).
- Member of the Integrated Governance Committee BRI
(2025–present).
Citizenship
Indonesian citizens Does not have a position in another public company.
Work Experience
Domicile
- Head of the Balance of Payments and Statistics Development
Jakarta, Indonesia Group - Bank Indonesia (2016 -2017).
- Director of Bank Indonesia Representative of Singapore (2017-2018).
Place and Year of Birth/Age - Executive Director Head of Payment System Administration
Department (2018-2021).
Born in Indramayu, in 1967.
- Executive Director Head of Risk Management Department -
Age 58 as of December 2025.
Bank Indonesia (2021 -2022).
- Executive Director Head of the Monetary and Securities Asset
Term of Office
Management Department - Bank Indonesia (2022 - 2023).
2025 – 2030 (First Period). - Assistant to the Governor, Head of the Department of Monetary
and Securities Asset Management - Bank Indonesia (2023 - 2025).
BRI Share Ownership - Independent Commissioner PT Bank Rakyat Indonesia (Persero) Tbk
(2025 - present).
None
154 PT Bank Rakyat Indonesia (Persero) Tbk
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Educational Background
- Bachelor of Constitutional Law from State Islamic University (UIN)
Syarif Hidayatullah, Jakarta (2006).
- Master of Administrative Sciences from Krisnadwipayana University,
Jakarta (2014).
Certification
Risk Management Certification Level 7
Employment History
Legal Basis of Appointment
Appointed as Independent Commissioner of BRI based on the results of
the 2025 GMS resolution on March 24, 2025. Effective after obtaining
OJK approval or Fit and Proper Test and in accordance with the OJK
Board of Commissioners Decree Number KEPR 258/D.03/2025
dated December 19, 2025.
Concurrent Positions
Lukmanul Khakim - Member of the Nomination and Remuneration Committee BRI
Independent Commissioner (2025-present).
- Chairman of the Integrated Governance Committee BRI
(2025-present).
Does not have a position in another public company.
Citizenship
Work Experience
Indonesian citizens
- Special Staff of the Minister of Research, Technology
and Higher Education. Ministry of Research, Technology and Higher
Domicile Education (2014-2016).
Jakarta, Indonesia - Member of Commission VI DPR RI in charge of Trade, Industry,
BUMN and UMKM Cooperatives House of Representatives
Place and Year of Birth/Age of the Republic of Indonesia (2018-2019).
- Special Staff of the Minister of Trade in the Field of Export
Born in Lamongan, in 1983. Enhancement and Expansion of Foreign Markets of the Ministry
Age 42 as of December 2025. of Trade (2020-2022).
- Special Staff of the Coordinating Minister for Community
Term of Office Empowerment (2024-present).
- Independent Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk
2025 - 2030 (First Period).
(2025-present).
BRI Share Ownership
None
PT Bank Rakyat Indonesia (Persero) Tbk 155
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Company Profile
Educational Background
- Bachelor of Economics from Gadjah Mada University, Yogyakarta (1992).
- Master of Business Taxation, University of Southern California, USA
(1997).
Certification
- Risk Management Certification Level 6.
- Chartered Accountant (CA).
- Qualified Risk Governance Professional (QRGP).
Employment History
Legal Basis of Appointment
Appointed as Commissioner of BRI for the first time on March 13, 2023
based on the results of the 2023 BRI GMS resolution. Effective after
obtaining OJK approval or Fit and Proper Test according to OJK Letter
Number KEPR-160/D.03/2023 dated December 08, 2023.
Awan Nurmawan Nuh Concurrent Positions
Commissioner - Inspector General, Ministry of Finance (2021 - present).
- Member of the Supervisory Board, Indonesian Institute
of Accountants (2022 - present).
- Member of the Supervisory Board of the Environmental Fund
Management Agency (2023 - present).
Citizenship
- Member of the BRI Nomination and Remuneration Committee
Indonesian citizens (2023 - present).
- Member of the BRI Risk Management Monitoring Committee
Domicile (2023-present)
Jakarta, Indonesia Does not have a position in another public company.
Place and Year of Birth/Age Work Experience
- Expert Staff to the Minister of Finance for Tax Regulations and Law
Born in Bandung, in 1968.
Enforcement (2016 -2021).
Age 57 as of December 2025.
- President Commisioner of PT Penjaminan Infrastruktur Indonesia
(Persero) (2020 -2023).
Term of Office
- Inspector General, Ministry of Finance (2021 - present).
2023 -2028 (First Period). - Member of the Supervisory Board of the Environmental Fund
Management Agency (2023 - present)
BRI Share Ownership - Member of the Supervisory Board, Indonesian Institute
of Accountants (2022 - present)
712,500 shares
- Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk
(2023 - present).
156 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Educational Background
- Bachelor of Economics from Andalas University, Padang (1991).
- Master of Management from Pasundan University, Bandung (2023).
Certification
Risk Management Certification Level 6.
Employment History
Legal Basis of Appointment
Appointed as Commissioner of BRI for the first time based on the
results of the 2023 BRI GMS resolution on March 24, 2025. Effective
after obtaining OJK approval or Fit and Proper Test and in accordance
with the OJK Board of Commissioners Decree Number KEPR-257/
D.03/2025 dated December 19, 2025.
Concurrent Positions
- Vice Minister - Ministry of MSMEs.
Helvi Yuni Moraza - Member of the Nomination and Remuneration Committee BRI
(2025- present).
Commissioner
- Member of the Risk Monitoring Committee BRI (2025 -present).
Does not have a position in another public company.
Citizenship Work Experience
- Marketing Manager of PT Trias Munarta (1992- 1995).
Indonesian citizens
- Head of Sub-Branch Credit Section PT Bank Susila Bhakti,
Bandung Setiabudi (1995 - 1999).
Domicile
- Director of Creative Arts Magazine BKKI (1999-2002).
Jakarta, Indonesia - Editor of Tani Merdeka Magazine DPN HKTI (2010-2014).
- Senior Associate of FAS Law Firm (2014-2025).
Place and Year of Birth/Age - Independent Commissioner of PT LEN Industri (Persero)
Holding Industri (2021 -2025).
Born in Padang, in 1967.
- Deputy Minister of the Ministry of UMKM RI (2024- present).
Age 58 as of December 2025.
- Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk
(2025 - present).
Term of Office
2025 - 2030 (First Period).
BRI Share Ownership
None
PT Bank Rakyat Indonesia (Persero) Tbk 157
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Company Profile
Previous Commissioners Profile
Place and Year of Birth/Age
Born in Klaten, in 1971. Age 54 as of December 2025.
Educational Background
- Bachelor of Economics from Islamic University of Indonesia, Yogyakarta (1993).
- Bachelor of Political Science from Gadjah Mada University, Yogyakarta (1994).
- Master Specialist in Public Finance from the French Prime Minister, Institute International
d’ Administration Publique (IIAP)-Ecole National d’ Administration (ENA) Paris (2000).
- D.E.A (M.Phil) in International and Development Economics from Université de Paris 1
Panthéon-Sorbonne, Paris (2002).
- Ph.D. in Economics (Applied Macro and Micro Economics Development Studies in Finance)
from Université de Paris 1 Pantheon-Sorbonne, Paris (2005).
Rofikoh Rokhim* Certification
Vice President Commissioner/
Risk Management Certification Level 7.
Independent Commissioner
Work Experience
Citizenship - Lecturer and Researcher at the Faculty of Economics and Business, University of Indonesia,
Depok (2006 - present).
Indonesian citizens
- Vice President Commissioner/ Independent Commissioner of BRI (2021-2025).
Domicile - Indonesian Stock Exchange Company Appraisal and Trading Committee (2023 - present).
- Independent Commissioner of PT Telkom (Persero) Tbk (2025 - present).
Jakarta, Indonesia
Legal Basis of Appointment
Appointed as Deputy President Commissioner/Independent Commissioner
* Dismissed in the Annual GMS
at the Extraordinary GMS on October 7, 2021.
dated March 24, 2025
Concurrent Positions
Does not hold any concurrent position.
Term of Office
2017- 2022 (First Period).
2022 - 2025 (Second Period).
BRI Share Ownership
None
Place and Year of Birth/Age
Born in Jakarta, in 1975. Age 50 as of December 2025.
Educational Background
- Bachelor of Economics and Mathematics, University of Georgia, USA (1996)
- Master of Management, University of Indonesia, Depok (2001)
- Ph.D. in Economics, George Mason University, USA (2008)
Certification
Risk Management Certification Level 7.
Work Experience
- Expert Staff for Planning, Defense Industry Policy Committee, Ministry of Defense
Rabin Indrajad Hattari* of the Republic of Indonesia (2020 - present).
Commissioner - Commissioner of BRI (2020 - present).
- Expert Staff for Industry, Ministry of SOEs (2021 - 2023).
- Member of the Remuneration and HR Committee, Indonesia Investment Agency (INA)
Citizenship (2021 - present)
- Secretary of the Ministry of SOEs (2023 - present).
Indonesian citizens
Legal Basis of Appointment
Domicile
Appointed as Commissioner of BRI for the first time on February 18, 2020 based on the BRI
Jakarta, Indonesia 2020 AGMS.
Concurrent Positions
* Dismissed in the Annual GMS
dated March 24, 2025
- Planning Expert Staff, Defense Industry Policy Committee, Ministry of Defense of the
Republic of Indonesia (2020 - present).
- Member of the Remuneration and HR Committee, Indonesia Investment Agency (INA)
(2021 - present).
- Secretary of the Ministry of SOEs (2023 - present).
Term of Office
2020 - 2025 (First Period).
BRI Share Ownership
1,510,100 shares
158 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Place and Year of Birth/Age
Born in Tanjung Balai Karimun, in 1968. Age 57 as of December 2025.
Educational Background
- Bachelor of Law, Pancasila University, Jakarta (1990).
- Alumni of Lemhanas-40 (2007).
- Master of Science, Gadjah Mada University, Yogyakarta (2012).
Certification
Risk Management Certification Level 6.
Dwi Ria Latifa* Work Experience
Independent Commissioner - Founder and Head of Rialatifa & Partners Office (1992-present).
- Founder and Member of the Expert Council of the Indonesian Lawyers Union (1997-present).
- President Commissioner of PT Bersua Utama Indonesia (2022-present).
Citizenship
Indonesian citizens Legal Basis of Appointment
Appointed as Independent Commissioner of BRI for the first time on February 18, 2020 based
Domicile
on the BRI 2020 AGMS.
Jakarta, Indonesia
Concurrent Positions
* Dismissed in the Annual GMS - Founder and Head of Rialatifa & Partners (1992- present).
dated March 24, 2025 - President Commissioner of PT Bersua Utama Indonesia (2022- present).
Does not hold any concurrent position.
Term of Office
2020 -2025 (First Period).
BRI Share Ownership
None
Place and Year of Birth/Age
Born in Jember, in 1965. Age 60 as of December 2025
Educational Background
- Bachelor of Agricultural Technology from Bogor Agricultural Institute, Bogor (1987).
- Master of Business Administration, BINUS Business School, Jakarta (2011).
Certification
- Risk Management Certification Level 6.
- Basic Financing Certification of PT Sertifikasi Profesi Pembiayaan Indonesia (SPPI).
Work Experience
Heri Sunaryadi*
Independent Commissioner - Independent Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk (2021 - 2025).
- Independent Commissioner of PT Tower Bersama Infrastructure Tbk (2022 - Present).
Citizenship Legal Basis of Appointment
Indonesian citizens Appointed as Independent Commissioner of BRI for the first time on October 7, 2021
based on the results of the 2021 BRI EGMS decision.
Domicile
Jakarta, Indonesia Concurrent Positions
Independent Commissioner of PT Tower Bersama Infrastructure Tbk (2022- present).
* Dismissed in the Annual GMS
dated March 24, 2025 Term of Office
2021 -2025 (First Period).
BRI Share Ownership
None
PT Bank Rakyat Indonesia (Persero) Tbk 159
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Company Profile
Place and Year of Birth/Age
Born in Yogyakarta, in 1957. Age 68 as of December 2025.
Educational Background
- Doctorandus of Management, Islamic University of Indonesia, Yogyakarta (1984)
- Bachelor of Law, Gadjah Mada University, Yogyakarta (1986).
- Master of Law, Gadjah Mada University, Yogyakarta (1999)
- Master of Law, University of Groningen, Netherlands (2008).
- Doctor of Law, Gadjah Mada University, Yogyakarta (2012).
Certification
Risk Management Certification Level 6.
Paripurna Poerwoko Sugarda*
Independent Commissioner Work Experience
- Independent Commissioner of BRI (2022-2025).
- President Commissioner of PT Kaltim Methanol Industri (2022 - present).
Citizenship
Indonesian citizens Legal Basis of Appointment
Appointed as Independent Commissioner of BRI for the first time on March 1, 2022
Domicile
based on the Results of the 2022 GMS.
Yogyakarta, Indonesia
Concurrent Positions
- Lecturer at the Faculty of Law, Gadjah Mada University (1988 - present).
* Dismissed in the Annual GMS
dated March 24, 2025 - President Commissioner of PT Kaltim Methanol Industri (2022 - present).
Term of Office
2020 - 2025 (First Period).
BRI Share Ownership
None
Place and Year of Birth/Age
Born in Delanggu, in 1962. Age 63 as of December 2025.
Educational Background
- Bachelor of Law, Satya Wacana Christian University, Salatiga (1986).
- Master of Law, IBLAM College of Law, Jakarta (2001).
Certification
Risk Management Certification Level 6.
Work Experience
Agus Riswanto* - Expert Staff for Intelligence, Attorney General’s Office of the Republic of Indonesia
Independent Commissioner (2018-2022).
- Independent Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk (2022-2025).
Citizenship Legal Basis of Appointment
Indonesian citizens Appointed as Independent Commissioner of BRI for the first time on March 1, 2022
based on the Results of the 2022 Annual GMS.
Domicile
Concurrent Positions
Jakarta, Indonesia
Does not hold any concurrent position.
* Dismissed in the Annual GMS Term of Office
dated March 24, 2025
2021 - 2025 (First Period).
BRI Share Ownership
None
160 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Place and Year of Birth/Age
Born in Jakarta, in 1965. Age 60 as of December 2025.
Educational Background
Bachelor of Architecture, Bandung Institute of Technology, Bandung (1989).
Certification
- Risk Management Certification Level 6.
- Basic Financing Certification of the Indonesian Financing Professional Certification
Company (SPPI).
Work Experience
Nurmaria Sarosa*
- Executive Director of PT Selaras Logistik Indonesia (2021 - 2022).
Independent Commissioner
- Independent Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk (2022 -2025).
Legal Basis of Appointment
Citizenship
Appointed as Independent Commissioner of BRI for the first time on March 1, 2022
Indonesian citizens
based on the Results of the 2022 Annual GMS.
Domicile
Concurrent Positions
Jakarta, Indonesia
Does not hold any concurrent position.
* Dismissed in the Annual GMS Term of Office
dated March 24, 2025
2021 - 2025 (First Period).
BRI Share Ownership
None
Place and Year of Birth/Age
Born in Yogyakarta, in 1982. Age 43 as of December 2025.
Educational Background
- Bachelor of International Relations, Muhammadiyah University, Yogyakarta (2001).
- Master of Economics and Business, Gadjah Mada University, Yogyakarta (2009).
Certification
Risk Management Certification Level 7.
Work Experience
Haryo Baskoro Wicaksono* - Commissioner of PT Transportasi Gas Indonesia (2023 - 2024).
Independent Commissioner - Independent Commissioner of PT Bank Rakyat Indonesia (Persero) Tbk (2024-2025).
Legal Basis of Appointment
Citizenship First appointed as Independent Commissioner of BRI on March 1, 2024 based on the Results
Indonesian citizens of the 2024 Annual GMS.
Domicile Concurrent Positions
Jakarta, Indonesia Does not hold any concurrent position.
Term of Office
* Dismissed in the Annual GMS
dated March 24, 2025 2024 - 2025 (First Period).
BRI Share Ownership
None
PT Bank Rakyat Indonesia (Persero) Tbk 161
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Company Profile
Affiliated Relationship of Members of The Board of Commissioners
Table of Affiliation of the Board of Commissioners
Financial, Family and Management Relations of the Board of Commissioners
Financial Relations With Family Relations With
Management
Board of Board of Board of
Board of Controlling Board of Controlling Relations
Name Position Commis- Commis-
Directors shareholders* Directors shareholders*
sioners sioners
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Kartika President
√ √ √ √ √ √ √
Wirjoatmodjo Commissioner
Vice President
Parman Commissioner/
√ √ √ √ √ √ √
Nataatmadja Independent
Commissioner
Independent
Edi Susianto √ √ √ √ √ √ √
Commissioner
Lukmanul Independent
√ √ √ √ √ √ √
Khakim Commissioner
Awan
Nurmawan Commissioner √ √ √ √ √ √ √
Nuh
Helvi Yuni
Commissioner √ √ √ √ √ √ √
Moraza
*
Direct or indirect
Board of Commissioners Education and/or Training
A description of the education and/or training for the Board of Commissioners is presented in the Corporate Governance
Chapter.
Changes in The Composition of Members of The Board of Commissioners
and The Reasons for The Changes
During 2025, there have been changes in the composition of the Board of Commissioners. These changes were made based on
the Company’s needs. The changes in the composition of the Board of Commissioners are as follows:
Composition of The Board of Commissioners Before The Annual GMS
The composition of the Board of Commissioners before the 2025 Annual General Meeting of Shareholders (AGMS) dated March
24, 2025, was 10 (ten) people consisting of 1 (one) President Commissioner, 1 (one) Vice President Commissioner/Independent
Commissioner, 2 (two) Commissioner and 6 (six) an Independent Commissioner. The composition and basis for appointment of
the Board of Commissioners can be seen in the table below.
Table of Composition and Basis for Appointment of the Board of Commissioners Before the Annual GMS
Name Position Executor Basis of Appointment Effective date
Kartika Wirjoatmodjo President Commissioner OJK Annual GMS dated February 18, 2020 July 3, 2020
Vice President Commissioner/
Rofikoh Rokhim OJK Extraordinary GMS on October 7, 2021 November 30, 2021
Independent Commissioner
Rabin Indrajad Hattari Commissioner OJK Annual GMS on February 18, 2020 July 27, 2020
162 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Name Position Executor Basis of Appointment Effective date
Awan Nurmawan Nuh Commissioner OJK Annual GMS on March 13, 2023 December 8, 2023
Dwi Ria Latifa Independent Commissioner OJK Annual GMS on February 18, 2020 January 20, 2021
Heri Sunaryadi Independent Commissioner OJK Extraordinary GMS on October 7, 2021 February 8, 2022
Paripurna Poerwoko
Independent Commissioner OJK Annual GMS on March 1, 2022 August 8, 2022
Sugarda
Agus Riswanto Independent Commissioner OJK Annual GMS on March 1, 2022 August 8, 2022
Nurmaria Sarosa Independent Commissioner OJK Annual GMS on March 1, 2022 August 8, 2022
Haryo Baskoro
Independent Commissioner OJK Annual GMS on March 1, 2022 August 8, 2022
Wicaksono
Composition of The Board of Commissioners After The 2025 Annual GMS
On March 24, 2025, the 2025 Annual General Meeting of Shareholders decided:
1. Honorably dismissed the following individuals as Company Management:
a. Kartika Wirjoatmodjo as President Commissioner
b. Rabin Indrajad Hattari as Commissioner
c. Dwi Ria Latifa as Independent Commissioner
d. Rofikoh Rokhim as Vice President Commissioner/Independent Commissioner
e. Paripurna Poerwoko Sugarda as Independent Commissioner
f. Nurmaria Sarosa as Independent Commissioner
g. Haryo Baskoro Wicaksono as Independent Commissioner
h. Agus Riswanto as Independent Commissioner
i. Heri Sunaryadi as Independent Commissioner
2. Appointed the following individuals as Company Management:
a. Kartika Wirjoatmodjo as President Commissioner
b. Parman Nataatmadja as Vice President Commissioner/Independent Commissioner
c. Helvi Yuni Moraza as Commissioner
d. Edi Susianto as Independent Commissioner
e. Lukmanul Khakim as Independent Commissioner
Thus, the composition of the Board of Commissioners after the Annual GMS on 2025 was 6 (six) people consisting of 1 (one)
President Commissioner, 1 (one) Vice President Commissioner/Independent Commissioner, 2 (two) Commissioner and 2 (two)
an Independent Commissioner. The composition and basis for appointment of the Board of Commissioners can be seen in the
table below.
Table of Composition and Basis for Appointment of the Board of Commissioners after the Annual GMS
Name Position Executor Basis of Appointment Effective date
• Annual GMS dated February 18, 2020
Kartika Wirjoatmodjo President Commissioner OJK July 3, 2020
• Annual GMS dated March 24, 2025
Vice President
Commissioner/
Parman Nataatmadja OJK Annual GMS on March 24, 2025 September 15, 2025
Independent
Commissioner
Awan Nurmawan Nuh Commissioner OJK Annual GMS on March 13, 2023 December 19, 2025
Helvi Yuni Moraza Commissioner OJK Annual GMS on March 24, 2025 December 8, 2023
Independent
Edi Susianto OJK Annual GMS on March 24, 2025 October 24, 2025
Commissioner
Independent
Lukmanul Khakim OJK Annual GMS on March 24, 2025 December 19, 2025
Commissioner
PT Bank Rakyat Indonesia (Persero) Tbk 163
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Company Profile
Executive Officer
Profile
Senior Executive Vice President
Place and Year of Birth/Age
Born in Tanjung Pinang in 1973. Age 52 as of December 2025.
Educational Background
- Bachelor of Management, Gadjah Mada University, Yogyakarta (1996).
- Master of Management, IPMI - Mt. Eliza Business School (2000).
Certification
- Risk Management Certification Level 7.
- Human Resources General Manager Certification.
Work Experience
Steven Augustino Yudiyantho - Organization Capability Manager Indonesia Procter & Gamble (1999 - 2002).
SEVP Human Capital - Sales Consultant AchieveGlobal (2002 - 2004).
- Indonesia - Client Professional Resources Dunamis Organization Services (2004 - 2006).
- Group Learning Head PT Bank Danamon Indonesia (2006 - 2009).
Citizens
- Head of Learning & Development Barclays Bank (2009 -2010).
Indonesian citizens - Head of Organization and People Development Bank Permata (2010 - 2013).
- Director of Learning Danone (2013 - 2016).
Domicile
- Director of Organizational Development Danone (2016 - 2017).
Jakarta, Indonesia - HR BP Director Danone Aqua (2017 -2018).
- Senior VP Human Capital Strategy & Talent Management Bank Mandiri (2018 - 2023).
- Chief Learning Officer Mandiri University (2019 - 2021).
- Chief Learning Officer BUMN Leadership & Management Institute (2021 - 2023).
- SEVP Human Capital Strategy BRI (2023 - 2025).
- SEVP Human Capital BRI (2025 - present).
Legal Basis of Appointment
Employment Agreement No. B.1538-HCD/HDR/11/2023, dated November 20, 2023.
Term of Office
Starting from April 17, 2025 – SK for the next Amendment Decree.
BRI Share Ownership
28,500 shares
164 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Place and Year of Birth/Age
Born in Kudus in 1978. Age 47 as of December 2025.
Educational Background
- Bachelor of Economics, Islamic University of Indonesia, Yogyakarta (2000).
- Master of Commerce, The University of Queensland, Queensland (2006).
Certification
- Risk Management Certification Level 7.
- Chartered Accountant Certification.
- Qualified Internal Auditor Certification.
- Indonesia Internal Audit Practitioner (IIAP).
Yulianto Setiawan Work Experience
SEVP Internal Audit - Business Manager, BRI Singapore Branch (2015 - 2019)
- Finance Director, BRI Ventura Investama (BRI Ventures) (2019 - 2019)
- Division Head of Change Management (2019 - 2021)
Citizens - Division Head of Financial and Management Accounting (2021 - 2024)
Indonesian citizens - Internal Audit Head – Head Office Audit (2024)
- SEVP Internal Audit (SKAI) (2024 - present)
Domicile Legal Basis of Appointment
Jakarta, Indonesia Decree No. 4221-DIR/HBS/11/2024 Concerning Promotion to SEVP,
Internal Audit Sub-Directorate, dated November 29, 2024.
Term of Office
Starting from December 1, 2024 - present.
BRI Share Ownership
95,993 shares
Place and Year of Birth/Age
Born in Solo in 1971. Age 54 as of December 2025.
Educational Background
- Bachelor of Economics Management, State University of Sebelas Maret, Surakarta (1995).
- Master of Business Administration, Gadjah Mada University, Yogyakarta (2009).
Certification
Risk Management Certification Level 7
Work Experience
- Assistant Vice President Branch Manager – Region 3 Jakarta 12008 Bank Mandiri
(2010).
Tri Laksito Singgih
- Assistant Vice President Business Development Manager – Region 3 Jakarta 1
SEVP Retail Transaction & Funding Bank Mandiri (2010 - 2011).
- Assistant Vice President Area Head Jakarta Pluit Selatan – Region 3 Jakarta 1 Bank Mandiri
(2011).
Citizens
- VP ATM Business Department – Electronic Banking Group (Acquiring Business)
Indonesian citizens Bank Mandiri (2011 - 2013).
- VP Business Product Department – Mass Banking Group (Issuing Business) Bank Mandiri
Domicile (2013 - 2014).
Jakarta, Indonesia - VP Working Capital Department – Transaction Banking Wholesale Product Group
Bank Mandiri (2015).
- VP Regional Retail Head Region 9 Kalimantan Bank Mandiri (2015 -2017).
- SVP Consumer Deposits Group (Issuing Business) Bank Mandiri (2017 - 2018).
- SVP TBSS Group Bank Mandiri (2018 - 2019).
- SVP Regional CEO Region 9 Kalimantan Bank Mandiri (2019 - 2021).
- SVP Regional CEO Region 4 Jakarta 2 Bank Mandiri (2021 - 2023).
- SVP Group Head Distribution Strategy Bank Mandiri (2023 - 2024).
- SVP Group Head Government & Institutional 2 Bank Mandiri (2024-2025).
- SEVP Retail Transaction & Funding BRI (2025 - present).
Legal Basis of Appointment
PKWT B.1890-HBD/REC/08/2025.
Term of Office
Starting from September 08, 2025 – SK for the next amendment Decree.
BRI Share Ownership
49,600 shares
PT Bank Rakyat Indonesia (Persero) Tbk 165
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Company Profile
Place and Year of Birth/Age
Born in Palembang in 1972. Age 53 as of December 2025.
Educational Background
- Bachelor of Agribusiness, Sriwijaya University (1995).
- Master of Management, PPM College Jakarta (2024).
Certification
Risk Management Certification Level 7.
Work Experience
Muhammad Candra Utama - Deputy Regional Manager for Business, Jakarta Regional Office 1 BRI (2017-2019).
SEVP Ultra Micro Business - Acting Head of Briguna Credit Division, BRI Head Office (2019 - 2020).
- Head of Institution Division 1, BRI Head Office (2020).
- Executive Vice President of Institutional Business Division, BRI Head Office (2020 -2022).
Citizens - Division Head of Institutional Business, BRI Head Office (2022-2023).
Indonesian citizens - SEVP Ultra Micro of BRI (2023 - present).
Domicile Legal Basis of Appointment
Jakarta, Indonesia BRI Board of Directors Decree No. 2803-DIR/HBS/08/2025 Concerning Rotation
as SEVP Ultra Micro Business dated August 19, 2025.
Term of Office
Starting from August 19, 2025 – SK for the next amendment Decree.
BRI Share Ownership
1,958,528 shares
Place and Year of Birth/Age
Born in Garut in 1967. Age 59 as of December 2025.
Educational Background
- Bachelor of Agriculture, Bogor Agricultural Institute (1992).
- Master in Small and Medium Industries, Bogor Agricultural Institute (2009).
Certification
Risk Management Certification Level 7.
Work Experience
Babas Bastaman - SEVP SME & Commercial Business, BSI (2020 - 2021).
- SEVP Financing Risk & Special Asset Management, BSI (2021).
SEVP Wholesale Risk
- SEVP Financing/Wholesale Risk, BSI (2021 - 2025).
- SEVP Wholesale Risk, BRI (2025 - present).
Citizens
Legal Basis of Appointment
Indonesian citizens
PKWT BRI no B.1703-HBD/REC/06/2025.
Domicile
Term of Office
Bekasi, Indonesia
Starting from June 1, 2025 – SK for the next amendment Decree.
BRI Share Ownership
None
166 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Echelon 1 and Bri Work Unit
Business Unit Name Business Unit Name
Steven Augustino Wholesale Transaction Banking Group Yoanna Parameitha
Human Capital Sub Directorate
Yudiyantho
Commercial & SME Business Solution
Retail Transaction & Funding Sub Achmad Faiz Adrianto
Group
Tri Laksito Singgih
Directorate
Small & Medium Business Group Ganang Imam W
Internal Audit Sub Directorate Yulianto Setiawan
Executive Business Officer, Small &
Muhammad Candra Yudhi Wahyudi
Ultra Micro Business Sub Directorate Medium Business Group
Utama
Executive Business Officer, Small &
Wholesale Risk Sub Directorate Babas Bastaman Ayatna Anang Widodo
Medium Business Group
Retail Risk Sub Directorate Vacant Commercial Business Group Gunadi Wono
Digital Banking Sub Directorate Vacant Executive Business Officer,
John Andre Adrian
Commercial Business Group
Corporate Transformation Sub
Vacant
Directorate Executive Business Officer,
Irdhas Fabian
Commercial Business Group
Micro Business Development Group Dani Wildan
Executive Business Officer,
Micro Sales Management 1 Group Dani Alfianto Vacant
Commercial Business Group
Micro Sales Management 2 Group Vacant SORH Wholesale Hendro Wibowo
Brilink Business Group Hari Basuki Card Business Group Natalia Veronica
Roma Jaka Permata Consumer Loan Group R.Madya Januar
Ultra Micro Business Group
Simanjuntak
Unsecured Loan Group Rheyna Anggun Marnala
Social Entrepreneurship & Incubation
Evi Sulistyowati
Group Wealth Management Group Elina Wirjakusuma
Central Operation Group Andini Nauli Nasution Distribution Strategy Group Ivan Amirudin
Retail Credit Operation Group Asep Nurdin SORH Distribution Tina Setiawati Sentoso
Wholesale Credit Operation Group Vacant Retail Funding Group Andreas Hassim
Digital Operation Group Kholis Amhar Dhoni Ramadi Saharto
Retail Transaction Group
Putra
Customer Experience Group Ninis Indriswari
IT Strategy & Enterprise Architecture
Gibbon Mardame Shinta Indriyaty
Operational Excellence Group Group
Parsaoran Tamba
IT Application Development Grup Hidayat Wira Kusuma
Treasury Business Group Itang Rusdinar
IT Application Support Group Revan Hadi
Investment Services Group Arie Sus Miyanti
IT DC Infrastructure & Operation
International Business Group Woro Dwi Wuryandari Basrizal
Group
Liquidity & Funding Management Satria Permana
Teguh Sulistyono
Group Gharditya
Fixed Assets Management Group Syafri Rakhmat Chief Information Security Officer
Rhema Riesaputra
Group
Asrini Ruth Chrysan
Procurement Group
Manullang IT Endpoint Services & Operations
Maulana Yusuf
Group
SORH Procurement Sukengsi Hari Slamet
SORH Information Technology Wafdan Metha Firdaus
Institutional Business 1 Group Mochamad Choliq
Digital Retail Banking Group Kaspar Situmorang
Institutional Business 2 Group John Sarjono
Digital Wholesale Banking &
Corporate Banking 1 Group Yodi Herzaman B D B Prasetyo
Innovation Management Group
Corporate Banking 2 Group Teguh Tofani Enterprise Data Management &
Ajutorius Pinem
Analytics Group
Corporate Banking 3 Group Nurul Intan
Enterprise & Market Risk Group Wita Adriawati
Corporate Banking 4 Group Adhi Pratama
PT Bank Rakyat Indonesia (Persero) Tbk 167
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Company Profile
Business Unit Name Business Unit Name
IT & Digital Risk Group Nugroho Pancayogo Project Management Office (PMO)
Dwi Normasari
Human Capital
Data Protection & Fraud Risk Group Evi Dempowati
Project Management Office (PMO)
Endah Nurhayati
Operational Risk Group Dodo Marjanto Micro
Policy & Procedure Group Dhewayani Widyasari Corporate Secretary Group Dhanny
Micro Risk Akbar Suwardi Branding & Marketing Communication
Dewi Andjarsari
Group
Consumer Risk Group Nia Octaviana
SORH Corporate Center Vacant
Small & Medium Risk Group Debra Murniati
Audit Standard & Quality Development
Ardhi Setyarko
Retail Collection & Recovery Dede Sutisna Group
Corporate Credit Risk Group Iman Nuraprianto Wholesale & Head Office Audit Zainuddin Thalib Burutu
Commercial Credit Risk Group Cahyo Widyatmoko Retail Audit Bangkit Ngabdianto
Executive Risk Officer Teddy Winarso IT Audit Ronald Setiadi
Executive Risk Officer Vacant Special Investigation Audit Heddi Sabara
Executive Risk Officer Vacant KCLN BRI New York Agency Anton Oloan Sinambela
Wholesale Recovery Group Dedy Hendrianto KCLN BRI Taipei Andik Kurniawan
Compliance Group Kris Hananto KCLN BRI Singapore Marisa Deparina
Legal Group Koes Hariyono KCLN Hongkong Representative
Ahmad Zaky
Office
Environmental, Social, & Governance Yosephine Ajeng Sekar
Group Putih Adriansyah Sholeh
KCLN BRI Timor Leste
Ritonga
Roby Firmansjah
AML, CFT, CPF Group
Sastraatmadja Region 01 - Regional Office Medan Novian Supriatno
Human Capital Strategy & Talent Region 02 - Regional Office
Carang Thombara Putra Dian Kesuma Wardhana
Management Group Pekanbaru
Human Capital Business Partner 1 Region 03 - Regional Office Padang Riza Pahlevi
M. Dadang Permana KF
Group
Region 04 - Regional Office
Luthfi Iskandar
Human Capital Business Partner 2 Palembang
M. Dadang Permana KF
Group
Region 05 - Regional Office Bandar Andreas Chandra
Human Capital Service Group Melia Pramadhona Lampung Santoso
Laurensius Agung Region 06 - Regional Office Jakarta 1 Hendra Winata
Corporate University Group
Prabowo
Region 07 - Regional Office Jakarta 2 Suyitno
Culture Transformation Group Abd. Wahid Wijaya
Region 08 - Regional Office Jakarta 3 Moh Suratin
Planning, Budgeting, & Performance
A. Eddy Tri Wibowo
Management Group Region 09 - Regional Office Bandung Dewi Hestiningrum S
Financial & Management Accounting Region 10 - Regional Office Semarang Bernadi Kurniawan
Christina Dianingrum
Group
Region 11 - Regional Office
Investor Relation Group Siaga Ridha Hutama Kusdinar Wiraputra
Yogyakarta
Subsidiary Management Group I Dewa Gede Agung Region 12 - Regional Office Surabaya Reza Syahrizal Setiaputra
Corporate Development & Strategy Region 13 - Regional Office Malang Arie Wibowo
Soni Daniel Ferdinandus
Group
Region 14 - Regional Office
Project Management Office (PMO) Bambang Indriatmoko
Banjarmasin
Agus Firmansyah
Consumer
Region 15 - Regional Office Makassar D.Argo Prabowo
Project Management Office (PMO)
Arif Yuliawan
One Bri Solution Region 16 - Regional Office Manado Elizabet Primasari S
Project Management Office (PMO) Region 17 - Regional Office Denpasar Hery Noercahya
Muchamad Rizal
Small
Region 18 - Regional Office Jayapura Fahmi Rahendas
168 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Business Unit Name Business Unit Name
Audit Region 01 - Regional Audit Audit Region 10 - Regional Audit
Teguh Joni Purwanto Agustya Hendy Bernadi
Medan Semarang
Audit Region 02 - Regional Audit Audit Region 11 - Regional Audit
Poppy Dwi Oktaviana Edia Handiman S
Pekanbaru Yogyakarta
Audit Region 03 - Regional Audit Audit Region 12 - Regional Audit
Wisnu Yudha Ananto R Fita Arisanti
Padang Surabaya
Audit Region 04 - Regional Audit Audit Region 13 - Regional Audit
Ahmad Furkon Rustam Maulana
Palembang Malang
Audit Region 05 - Regional Audit Audit Region 14 - Regional Audit
Herdiman Indah Bayuwijayanti
Bandar Lampung Banjarmasin
Audit Region 06 - Regional Audit Audit Region 15 - Regional Audit
Wahju Hidajat Deni Indriyatmoko
Jakarta 1 Makassar
Audit Region 07 - Regional Audit Audit Region 16 - Regional Audit
Mohamad Fikri Satriawan Andri Agusta
Jakarta 2 Manado
Audit Region 08 - Regional Audit Audit Region 17 - Regional Audit
Vacant Kusnandar Nurgraha
Jakarta 3 Denpasar
Audit Region 09 - Regional Audit Audit Region 18 - Regional Audit
Ruston Parapat Fralus Dolfy Ellyson
Bandung Jayapura
Notes: The official has served in a definitive capacity as of December 31, 2025, until the preparation of this Report.
PT Bank Rakyat Indonesia (Persero) Tbk 169
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Company Profile
Employee
Profile
Number of Employees by Gender
Table of Number of Employees by Gender (in units of people)
Gender 2025 2024
Women 36,466 33,717
Men 48,483 48,131
Amount 84,949 81,848
Number of Employees by Position Level
Table of Number of Employees by Position Level (in units of people)
2025 2024
Position Level
Women Men Total Women Men Total
Senior Executive Vice President - 7 7 - 6 6
Executive Vice President 5 26 31 1 17 18
Vice President/Senior Vice President 68 248 316 56 242 298
Assistant Vice President 332 1,166 1,498 337 1,148 1,485
Senior Manager 740 1,875 2,615 747 1,968 2,715
Manager 1,050 3,521 4,571 1,033 3,519 4,552
Junior Manager 5,756 11,104 16,860 5,023 10,157 15,180
Associates 28,515 30,536 59,051 26,520 31,074 57,594
Amount 36,466 48,483 84,949 33,717 48,131 81,848
Number of Employees by Age Range
Table of Number of Employees by Age Range (in units of people)
2025 2024
Age Range
Women Men Total Women Men Total
20 – 24 4,995 2,349 7,344 4,755 1,948 6,703
25 – 29 12,408 8,641 21,049 9,420 7,767 17,187
30 – 34 4,287 8,917 13,204 5,529 11,518 17,047
170 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
2025 2024
Age Range
Women Men Total Women Men Total
35 – 39 8,053 16,212 24,265 7,776 15,472 23,248
40 – 44 3,313 6,462 9,775 3,015 5,907 8,922
45 – 49 2,002 3,689 5,691 1,644 3,169 4,813
50 – 54 1,115 1,786 2,901 1,250 1,841 3,091
> 54 293 427 720 328 509 837
Amount 36,466 48,483 84,949 33,717 48,131 81,848
Number of Employees by Education Level
Table of Number of Employees by Education Level (in units of people)
2025 2024
Education Level
Women Men Total Women Men Total
≤ High School / Equivalent 520 277 797 702 444 1,146
Diploma 4,666 4,799 9,465 4,522 4,947 9,469
Bachelor Degree 30,591 41,825 72,416 28,008 41,454 69,642
Master Degree 686 1,569 2,255 483 1,278 1,761
Doctorate Degree 3 13 16 2 8 10
Amount 36,466 48,483 84,949 33,717 48,131 81,848
Number of Employees by Status
Table of Number of Employees by Status (in units of people)
2025 2024
Employment Status
Women Men Total Women Men Total
Permanent Employee 20,428 39,286 59,714 20,258 39,237 59,495
Contract Employee 15,660 8,879 24,539 13,407 8,837 22,244
Trainee 378 318 696 52 57 109
Amount 36,466 48,483 84,949 33,717 48,131 81,848
PT Bank Rakyat Indonesia (Persero) Tbk 171
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Company Profile
Number of Employees by Generation
Table of Number of Employees by Generation (in units of people)
2025 2024
Generation
Women Men Total Women Men Total
Baby Boomers (1946 - 1964) - 2 2 - 7 7
Gen X (1965 - 1980) 3,421 5,915 9,336 3,849 6,634 10,483
Millennials (1981 - 1996) 16,554 32,964 49,518 17,433 34,467 51,900
Gen Z (1997 - 2012) 16,491 9,602 26,093 12,435 7,023 19,458
Amount 36,466 48,483 84,949 33,717 48,131 81,848
Number of Employees by Service Period
Table of Number of Employees by Period of Service (in units of people)
2025 2024
Service Period
Women Men Total Women Men Total
<3 19,197 13,820 33,017 16,017 12,281 28,298
3–5 2,662 3,818 6,480 3,123 4,860 7,983
6 – 10 5,633 12,681 18,314 6,565 15,798 22,363
11 – 15 4,501 10,978 15,479 3,217 7,594 10,811
16 – 20 1,120 2,211 3,331 1,589 2,792 4,381
21 – 25 1,983 3,119 5,102 1,513 2,520 4,033
26 – 30 916 1,449 2,365 1,100 1,687 2,787
> 30 454 407 861 593 599 1,192
Amount 36,466 48,483 84,949 33,717 48,131 81,848
Competency Development
Policies
The development of employee competencies is a top priority Apart from that, in order to increase education ownership in
for BRI as it can dive productivity and support the overall the Regional Office area and to ensure that the development of
performance of BRI. In 2025, BRI will develop an education worker capabilities in the region is in line with needs, starting
program that is structured to adapt the worker cycle. Thus, in 2025 BRI will implement the Green Program. Curriculum
the education program has a clear structure while supporting preparation, learning objectives, teaching materials, budget
the achievement of the company’s strategic goals. calculations, educational implementation, and educational
evaluation are the scope of each Regional Office.
172 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Types of Competency Development
Types of Competency
Training Objectives
Development
BRILian Future Leader Training program to prepare new talents to become leaders in facing current and future business
BFLP challenges.
Program
BRILian Next Leader Training program for career development of BRI best permanent employees to become BRI future
BNLP leadership candidates in facing current and future business challenges.
Program
BRI Human Capital Development Program is to prepare employees to become Great Leaders through
BRILian Leadership sustainable and comprehensive leadership development that places emphasis on strengthening
BLDP
Development Program character, national insight, global insight, business/banking insight, and technological insight.
BRILian Leader BRI Human Capital Development Program is to prepare employees before entering retirement by
BLRP providing them with the knowledge, insight and skills needed to undergo retirement.
Retirement Program
Technical competency development program for comprehensive onboarding places emphasis on
BRILian Specialist specific knowledge and skills according to the competency requirements required to become a
BSDP
Development Program specialist in a particular field tailored to the company’s needs
Educational program to prepare new workers in Marketing, Frontline and Administration positions
BRILian Banking (permanent, contract and outsourced) so they can work in accordance with operational standards
BBAP
Associate Program applicable at BRI.
The community formed in the context of organizing distribution and use of knowledge assets
COP Community of Practice activities
Education method by optimizing the use of the internet/technology as a means of delivering
material, exams, interaction between teachers and education participants, interaction between
E-Learning Electronic Learning education participants and so on. E-Learning can use platforms developed internally, or Massive
Open Online Courses (MOOC).
Educational programs that are not initiated by BRI internally in order to improve employee
PC Public Course competency.
Training program for mandatory certification activities in accordance with the provisions set by the
SER Certificate Education regulator and other certification determined by the Company.
Activities to convey information regarding policies,regulations, activity programs, and/
SOS Dissemination orimportantinformation related to the company’s business development through presentation
activities in each business unit.
The program is held based on the results of a training needs analysis carried out by the work unit
V Green Program with the aim of closing competency gaps that are local/regional needs.
Competency Development
Implementation
Table of Realization of Competency Development Based on Position Level in 2025
Number of Number of Number of Number of
Position Position
Employees participants Employees participants
Senior Executive Executive
6 6 18 18
Vice President Vice President
BSDP (1,2,3) 1 BIF 2
BSE 4 BSDP (1,2,3) 12
COP 4 BSDP 0 / BBOP 1
Public Course LN 3 COP 8
SRP+Q 4 Development Division 12
SER 5
SOS 1
SRQ 4
PT Bank Rakyat Indonesia (Persero) Tbk 173
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Company Profile
Number of Number of Number of Number of
Position Position
Employees participants Employees participants
Senior Vice President 101 101 Manager 4,490 4,490
BIF 3 BIF 783
BSDP (1,2,3) 82 BLDP 886
BSDP 0/BBOP 8 BLRP 115
COP 52 BSDP (1,2,3) 4,305
Development Division 64 BSDP 0/BBOP 1.287
COP 3,437
SER 16
SOS 1 Development Division 2,648
SRQ 16 E-Learning 44
Vice President 195 195 Public Course DN 2
BIF 12 SER 859
BLRP 2 SOS 228
BSDP (1,2,3) 147 SRQ 1,621
BSDP 0/BBOP 1 Junior Manager 14,892 14,892
COP 123 BFLP 76
Development Division 75 BIF 2,830
Public Course DN 2 BLDP 1,030
SER 147 BLRP 183
SOS 3 BSDP (1,2,3) 12,969
SRQ 45
BSDP 0/BBOP 2,113
Assistant Vice President 1,474 1,474
COP 10,145
BIF 136
Development Division 4,296
BLRP 30
E-Learning 385
BSDP (1,2,3) 1.253
Enhancement Divisi 13
BSDP 0/BBOP 32
Public Course DN 9
COP 989
SER 1,603
Development Division 696
SOS 296
E-Learning 1
SRQ 5,052
Enhancement Divisi 15
Associate 64,786 64,786
Public Course DN 9
BIF 11,780
Public Course LN 1
SER 87 BLRP 53
SOS 23 BSDP (1,2,3) 57,576
SRQ 440 BSDP 0/BBOP 12,102
Senior Manager 2,689 2,689 COP 49,725
BIF 210 Development Division 20,411
BLDP 129 E-Learning 569
BLRP 42 Enhancement Divisi 6
BSDP (1,2,3) 2,247 Public Course DN 14
BSDP 0/BBOP 208 SER 1,646
COP 1,816 SOS 2,415
Development Division 993 SRQ 17,456
E-Learning 1
Grand Total 88,651 88,651
Enhancement Divisi 1
Domestic Public Courses 13
International Public Courses 1
SER 299
SOS 72
SRQ 586
174 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Evaluation of Competency Development
Implementation
In evaluating the effectiveness of competency development, 3. Evaluation of Efficiency
BRI uses several assessment aspects, including: a. Assessment of the efficiency of education program
1. Evaluation of Business Impact implementation based on the number of completions
of education programs by participants, cost per
a. Assessment of the implementation of educational
education participant, number of educational
programs on the performance of participants and
programs available and others.
organizations related to productivity, profitability,
employee engagement, contribution margin, and b. Percentage of employee who have completed their
others. education:
- In class and/or E-learning: 100% of the total BRI
b. In 2025, the evaluation results for 10 positions in
employees 77,739 employees.
2024 are “Positive Impact” on business.
- In Class: 96.3% of the total BRI employees 81,848
2. Evaluation of Effectiveness
employees.
a. Assessment of the implementation of the education
program based on reactions, satisfaction, and the Competency Development Cost
level of mastery of the material by the education
participants on the quality of the material or content, In 2025, competency development expenses decreased
the quality of the teachers, learning methods and following the implementation of efficiency measures in the
other matters directly related to the implementation delivery of education programs through a cluster-based
of the education program. approach at Work Units, without reducing the effectiveness
b. The results of the 2025 effectiveness evaluation are and quality of the programs.
as follows:
- Measuring the increase in knowledge and skills is Table of Competency Development Cost
carried out after the implementation of education (in IDR billions)
with the average evaluation result 97,4. (eva 1 - 3).
- Measurement of participant evaluation includes 2025 2024 2023
material aspects, accommodation, subject matter
627 795 992
experts (SME) and facilitators with an evaluation
value of 97,8. (eva 1 - 2).
Main and Controlling
Shareholders
The main and controlling shareholder of BRI is the
Government of the Republic of Indonesia through the 1 Series A
ownership of 1 Series A Dwiwarna Share (0.00%) through Dwiwarna
Share
the State-Owned Enterprises Management Agency and
80,610,976,875 Series B Shares through PT Danantara Asset The Government of the Republic
of Indonesia through BP BUMN
Management (Persero). Accordingly, there is no individual
controlling shareholder, either directly or indirectly. 0.00%
PT Danantara Asset
Management (Persero)
53.19%
PT Bank Rakyat Indonesia (Persero) Tbk 175
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Company Profile
Shareholder’s
Composition
Shareholder composition is presented as follows:
Table of BRI Shareholder Composition as of January 1, 2025
Shareholder Classification Number of Shareholders Number of Shares (shares) Ownership
Republic of Indonesia 1 80,610,976,876 53.19%
Public 653,250 70,948,024,728 46.81%
National Investor 650,574 23,910,394,894 15.78%
Individual 646,180 9,612,406,830 6.34%
Employee 2,834 8,639,856 0.01%
Regional government 1 1,590,000 0.00%
Bank 12 977,781,285 0.65%
Coorperative 28 5,503,770,523 3.63%
Foundation 54 323,016,446 0.21%
Pension Fund 168 2,750,978,898 1.82%
Insurance 204 2,112,117,756 1.39%
Limited Liability Company 769 534,853,860 0.35%
Mutual Fund 324 2,085,239,440 1.38%
Government corporation 0 0 0.00%
Foreign Investor 2,676 47,037,629,834 31.04%
Individual 527 45,762,800 0.03%
Foreign corporation 2,149 46,991,867,034 31.01%
Total 653,251 151,559,001,604 100.00%
Table of BRI Shareholder Composition as of December 31, 2025
Shareholder Classification Number of Shareholders Number of Shares (shares) Ownership
Republic of Indonesia 1 1 0.00%
Public 723,464 151,559,001,603 100.00%
National Investor 721,146 107,312,935,883 70.81%
Individual 717,122 12,328,041,619 8.13%
Employee 2,410 7,371,056 0.00%
Regional government 1 1,590,000 0.00%
Bank 10 1,021,555,025 0.67%
176 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Shareholder Classification Number of Shareholders Number of Shares (shares) Ownership
Coorperative 33 5,504,953,123 3.63%
Foundation 60 348,037,971 0.23%
Pension Fund 164 3,336,432,009 2.20%
Insurance 205 1,628,638,246 1.07%
Limited Liability Company 832 81,270,630,319 53.62%
Mutual Fund 309 1,865,686,515 1.23%
Government corporation 0 0 0.00%
Foreign Investor 2,318 44,246,065,720 29.19%
Individual 569 51,902,682 0.03%
Foreign corporation 1,749 44,194,163,038 29.16%
Total 723,465 151,559,001,604 100.00%
* including shares ownership by the government of the Republic of Indonesia through PT Danantara Asset Management (Persero).
The 20 Largest Shareholders’ Composition
Table of Composition of BRI’s 20 Largest Shareholders as of January 1, 2025
No. Investor Name Status Number of Shares (shares) Ownership
1. NEGARA REPUBLIK INDONESIA Republic of Indonesia 80,610,976,876 53.19%
2. INDONESIA INVESTMENT AUTHORITY Investment Entities/Cooperatives 5,498,021,834 3.63%
BNYM RE BNYMLB RE EMPLOYEES
3. Foreign Corporation 1,374,792,058 0.91%
PROVIDENTFD BOARD-2039927326
DJS KETENAGAKERJAAN PROGRAM
4. Pension Fund 1,359,369,214 0.90%
JHT
JPMCB NA RE-VANGUARD TOTAL
5. Foreign Corporation 979,891,447 0.65%
INTERNATIONAL STOCK INDEX FUND
JPMCB NA RE - VANGUARD
6. EMERGING MARKETS STOCK INDEX Foreign Corporation 890,024,760 0.59%
FUND
CITIBANK SINGAPORE S/A
7. Foreign Corporation 756,220,297 0.50%
GOVERNMENT OF SINGAPORE
CITIBANK NEW YORK S/A
8. Foreign Corporation 609,038,351 0.40%
GOVERNMENT OF NORWAY - 1
BNYMSANV RE BNYM RE PEOPLE'S
9. Foreign Corporation 592,721,255 0.39%
BANK OF CHINA
SSB 2Q27 ISHARES CORE MSCI
10. EMERGING MARKETS ETF Foreign Corporation 588,113,895 0.39%
-2183966403
JPMSE AMS RE AIF CLT RE-STICHTING
11. DEPOSITARY APG EMERGING Foreign Corporation 546,998,219 0.36%
MARKETS EQUITY
SSB C021 COLLEGE RETIREMENT
12. Foreign Corporation 505,576,768 0.33%
EQUITIES FUND -2183964206
JPMCB NA RE-VANGUARD FIDUCIARY
TRUST COMPANY INSTITUTIONAL
13. Foreign Corporation 494,608,909 0.33%
TOTAL INTERNATIONAL STOCK
MARKET IT II
PT Bank Rakyat Indonesia (Persero) Tbk 177
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Company Profile
No. Investor Name Status Number of Shares (shares) Ownership
JPMSE LUX RE UCITS CLT RE-
14. Foreign Corporation 478,825,695 0.32%
JPMORGAN FUNDS
JPMCB NA RE-T. ROWE PRICE
15. EMERGING MARKETS DISCOVERY Foreign Corporation 476,977,111 0.31%
STOCK TRUST
JPMCB NA RE - BLACKROCK INST
16. TR CO N A INVESTMENT FDS FOR Foreign Corporation 459,457,232 0.30%
EMPLOYEE BENEFIT TRUSTS
17. UBS AG LONDON-2140724000 Foreign Corporation 425,205,489 0.28%
18. NTC-CANTILLON FUNDS PLC Foreign Corporation 422,605,435 0.28%
JPMCB NA RE-JPMORGAN EMERGING
19. Foreign Corporation 381,640,571 0.25%
MARKETS EQUITY FUND
20. NTC-CANTILLON GLOBAL EQUITY L.P Foreign Corporation 369,506,844 0.24%
Table of Composition of BRI’s 20 Largest Shareholders as of December 31, 2025
No. Investor Name Status Number of Shares (shares) Ownership
PT DANANTARA ASSET MANAGEMENT
1. Limited Liability Company 80,610,976,875 53.19%
(Persero)*
Investment Entities/
2. INDONESIA INVESTMENT AUTHORITY 5,498,021,834 3.63%
Cooperatives
BNYM RE BNYMLB RE EMPLOYEES
3. Foreign Corporation 1,738,263,958 1.15%
PROVIDENTFD BOARD-2039927326
4. DJS KETENAGAKERJAAN PROGRAM JHT Pension Fund 1,650,917,514 1.09%
JPMCB NA RE-VANGUARD TOTAL
5. Foreign Corporation 966,382,447 0.64%
INTERNATIONAL STOCK INDEX FUND
JPMCB NA RE-VANGUARD EMERGING
6. Foreign Corporation 891,765,760 0.59%
MARKETS STOCK INDEX FUND
SSB KGZ3 INVESCO DEVELOPING MARKETS
7. Foreign Corporation 771,595,343 0.51%
FUND -2183965924
HSBC-FUND SERVICES, THE OVERLOOK
8. Foreign Corporation 750,143,900 0.49%
PARTNERS FUND L.P.
CITIBANK NEW YORK S/A GOVERNMENT OF
9. Foreign Corporation 732,713,403 0.48%
NORWAY - 1
SSB 2G9G NATWEST T&D SL ATO ST.
10. Foreign Corporation 698,036,500 0.46%
JAMES'S PL GLB VUT-2183968155
CITIBANK NEW YORK S/A ISHARES CORE
11. Foreign Corporation 693,250,395 0.46%
MSCI EMERGING MARKETS ETF
CITIBANK LONDON S/A STICHTING
12. Foreign Corporation 627,488,000 0.41%
PENSIOENFONDS ZORG EN WELZIJN
HSBC-FUND SVS A/C PEOPLES BANK OF
13. Foreign Corporation 595,666,155 0.39%
CHINA
BNYMSANV RE SANVLUX RE INVESCO
14. Foreign Corporation 564,862,300 0.37%
FUNDS
JPMCB NA RE-VANGUARD FIDUCIARY
15. TRUST COMPANY INSTITUTIONAL TOTAL Foreign Corporation 500,770,709 0.33%
INTERNATIONAL STOCK MARKET IT II
JPMSE LUX RE-ROBECO CAPITAL GROWTH
16. Foreign Corporation 499,865,316 0.33%
FUNDS
17. CITIBANK NA-BANK RAKYAT INDONESIA Foreign Corporation 495,055,300 0.33%
JPMSE AMS RE AIF CLT RE-STICHTING
18. DEPOSITARY APG EMERGING MARKETS Foreign Corporation 486,908,901 0.32%
EQUITY POOL
178 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
No. Investor Name Status Number of Shares (shares) Ownership
JPMCB NA RE - BLACKROCK INST TR CO
19. N A INVESTMENT FDS FOR EMPLOYEE Foreign Corporation 486,320,553 0.32%
BENEFIT TRUSTS
20. DJS KETENAGAKERJAAN PROGRAM JP Pension Fund 475,226,983 0.31%
* Share ownership of the Government of the Republic of Indonesia through PT Danantara Asset Management (Persero).
Composition of Shares Ownership of 5% or More
Table of Shareholder Composition of 5% or More BRI as of January 1, 2025
Investor Name Number of Shares (shares) Ownership
Republic of Indonesia 80,610,976,876 53.19%
Table of Shareholder Composition of 5% or More BRI as of December 31, 2025
Investor Name Number of Shares (shares) Ownership
Republic of Indonesia melalui PT Danantara Asset Management (Persero) 80,610,976,876 53.19%
Community Shareholders’ Group Composition Holding Less Than 5% of Shares
Table of Shareholders Composition Less than 5% of BRI as of January 1, 2025
Public Share Ownership Number of Shareholders Number of Shares (shares) Ownership
NATIONAL INVESTOR
Individual 646,180 9,612,406,830 6.34%
Employee 2,834 8,639,856 0.01%
Regional government 1 1,590,000 0.00%
Bank 12 977,781,285 0.65%
Cooperative 28 5,503,770,523 3.63%
Foundation 54 323,016,446 0.21%
Pension Fund 168 2,750,978,898 1.82%
Insurance 204 2,112,117,756 1.39%
Limited Liability Company 769 534,853,860 0.35%
Mutual Fund 324 2,085,239,440 1.38%
Government coorporation 0 0 0.00%
Sub Total 650,574 23,910,394,894 15.78%
FOREIGN INVESTOR
Individual 527 45,762,800 0.03%
Foreign corporation 2,149 46,991,867,034 31.01%
Sub Total 2,676 47,037,629,834 31.04%
Total 653,250 70,948,024,728 46.81%
PT Bank Rakyat Indonesia (Persero) Tbk 179
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Company Profile
Table of Shareholders Composition Less than 5% of BRI as of December 31, 2025
Public Share Ownership Number of Shareholders Number of Shares (shares) Ownership
Republic of Indonesia 1 1 0.00%
Public 723,463 70,948,024,728 46,62%
National Investor 721,145 26,701,959,008 17.62%
Individual 717,122 12,328,041,619 8.13%
Employee 2,410 7,371,056 0.00%
Regional government 1 1,590,000 0.00%
Bank 10 1,021,555,025 0.67%
Coorperative 33 5,504,953,123 3.63%
Foundation 60 348,037,971 0.23%
Pension Fund 164 3,336,432,009 2.20%
Insurance 205 1,628,638,246 1.07%
Limited Liability Company * 831 659,653,444 0.44%
Mutual Fund 309 1,865,686,515 1.23%
Government coorporation 0 0 0.00%
Foreign Investor 2,318 44,246,065,720 29.19%
Individual 569 51,902,682 0.03%
Foreign corporation 1,749 44,194,163,038 29.16%
Total 723,465 70,948,024,729 46.81%
* kepemilikan saham melalui Badan Pengaturan BUMN.
Board of Commissioners’ and Directors’ Shareholding
Table of Share Ownership of the Board of Commissioners and Board of Directors of BRI as of January 1, 2025
Name Position Number of Shares (shares) Ownership
BOARD OF DIRECTOR
Sunarso * President Director 5,658,656 0.00373%
Catur Budi Harto* Vice President Director 4,045,557 0.00267%
Handayani* Director of Consumer Business 5,741,900 0.00379%
Supari* Director of Micro Business 4,970,914 0.00328%
Ahmad Solichin Lutfiyanto Director of Compliance 5,454,170 0.00360%
Agus Sudiarto *
Director of Risk Management 3,584,100 0.00236%
Agus Noorsanto Director of Wholesale and Institutional Business 3,938,641 0.00260%
Agus Winardono *
Director of Human Capital 3,469,681 0.00229%
Amam Sukriyanto* Director of Small and Medium Businesses 3,623,454 0.00239%
Viviana Dyah Ayu R.K. Director of Finance 3,819,500 0.00252%
Arga M. Nugraha* Director of Digital and Information Technology 3,421,385 0.00226%
Andrijanto* Director of Retail Funding and Distribution 2,989,700 0.00197%
180 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Name Position Number of Shares (shares) Ownership
BOARD OF COMMISSIONER
Kartika Wirjoatmodjo President Commissioner 1,678,000 0.00111%
Vice President Commissioner/
Rofikoh Rokhim* - -
Independent Commissioner
Rabbin Indrajad Hattari* Commissioner 1,510,100 0.00100%
Awan Nurmawan Nuh Commissioner 712,500 0.00047%
Dwi Ria Latifa *
Independent Commissioner - -
Heri Sunaryadi *
Independent Commissioner - -
Paripurna Poerwoko Sugarda* Independent Commissioner - -
Agus Riswanto* Independent Commissioner - -
Nurmaria Sarosa* Independent Commissioner - -
Haryo Baskoro Wicaksono *
Independent Commissioner - -
Amount 54,618,258 0.03604%
*
Stop serving since March 24, 2025
Table of Share Ownership of the Board of Commissioners and Board of Directors of BRI as of December 31, 2025
Name Position Number of Shares (shares) Ownership
BOARD OF DIRECTOR
Hery Gunardi President Director 435,000 0.0002870
Viviana Dyah Ayu R. K.* Vice President Director 3,819,500 0.0025201
Hakim Putratama Director of Operations - -
Riko Adythia Director of Corporate Banking - -
Aquarius Rudianto Director of Network and Retail Funding - -
Farida Thamrin Director of Treasury and International Banking 19,800 0.0000131
Akhmad Purwakajaya Director of Micro 243,500 0.0001607
Alexander Dippo Paris Y. S. Director of Commercial Banking - -
Saladin Dharma Nugraha Effendi Director of Information Technology - -
Aris Hartanto* Director of Consumer Banking 430,964 0.0002844
Achmad Royadi* Director of Finance & Strategy 1,215,672 0.0008021
Ety Yuniarti* Director of Risk Management 193,262 0.0001275
Mahdi Yusuf *
Director of Legal & Compliance - -
Agus Noorsanto** Vice President Director - -
Ahmad Solichin Lutfiyanto** Director of Human Capital & Compliance - -
Nancy Adistyasari** Director of Consumer Banking - -
Mucharom **
Director of Risk Management - -
PT Bank Rakyat Indonesia (Persero) Tbk 181
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Company Profile
Name Position Number of Shares (shares) Ownership
BOARD OF COMMISSIONER
Kartika Wirjoatmodjo President Commissioner 1,678,000 0.0011072
Vice President Commissioner/
Parman Nataatmadja - -
Independent Commissioner
Edi Susianto Independent Commissioner - -
Awan Nurmawan Nuh Commissioner 712,500 0.0004701
Helvi Yuni Moraza Commissioner - -
Lukmanul Khakim Independent Commissioner - -
Amount 8,748,198 0.0057722
* Effective as of 13 March 2026
** Stop serving since December 17, 2025
As of December 31, 2025, the Board of Commissioners and Directors of BRI did not have indirect share ownership.
Senior Management Shares Ownership
Table of BRI Senior Management Share Ownership as of December 31, 2025
Name Position Number of Shares (shares) Ownership
Steven Augustino Yudiyantho SEVP Human Capital 28,500 0.00003%
Yulianto Setiawan SEVP Internal Audit 95,993 0.00006%
Tri Laksito Singgih H SEVP Retail Transaction & Funding 49,600 0.00003%
Muhammad Candra Utama SEVP Ultra Micro Business 1,958,528 0.00129%
Babas Bastaman SEVP Wholesale Risk - -
As of December 31, 2025, BRI Senior Management does not have indirect share ownership.
Classification of Shareholders
Table of BRI Shareholder Classification as of December 31, 2025
Name Number of Shareholders Number of Shares (shares) Ownership
Local Institution 1,614 94,977,523,208 62.67%
Foreign Institution 1,749 44,194,163,038 29.16%
Local Individual 719,532 12,335,412,675 8.14%
Foreign Individual 569 51,902,682 0.03%
Total 723,464 151,559,001,603 100.00%
182 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
List of Members of the Financial
Conglomerate, Subsidiaries, Associated
Companies and Joint Venturance Companies
Members of the Financial Conglomerate
On December 23, 2024, the Financial Services Authority (OJK) promulgated Financial Services Authority Regulation No. 30 of
2024 concerning Financial Conglomerates and Financial Conglomerate Holding Companies (Financial Conglomerate POJK),
and revoked Financial Services Authority Regulation No. 45/POJK.03/2020 concerning Financial Conglomerates. The Financial
Conglomerate POJK requires Financial Services Institutions that meet the criteria of a financial conglomerate to establish a
Financial Conglomerate Holding Company.
Based on the criteria stipulated in the Financial Conglomerate POJK, the Bank meets the requirements to serve as a Financial
Conglomerate Holding Company. Furthermore, pursuant to the Decree of the Member of the Board of Commissioners of
the Financial Services Authority No. KEP-11/KS.1/2025 dated September 16, 2025, OJK has designated BRI as a Financial
Conglomerate Holding Company with 22 (twenty-two) Financial Conglomerate Members. The Bank’s Financial Conglomerate
Members consist of:
1. The Bank’s Subsidiaries;
2. Pension Funds established by the Bank;
3. Pension Funds established by the Bank’s Subsidiaries; and
4. Companies under the Bank’s Subsidiaries as determined by OJK.
In addition to holding equity investments in Financial Conglomerate Members that are the Bank’s Subsidiaries, the Bank also
holds non-significant equity investments in several companies that are not part of BRI’s Financial Conglomerate Members.
Name Business Field Ownership
PT Pegadaian Pawnshop 99.99% BRI Ownership
PT Permodalan Nasional Madani Financing 99.99% BRI Ownership
PT Asuransi BRI Life Life Insurance 51% BRI Ownership
PT BRI Asuransi Indonesia General Insurance 90.00% BRI Ownership
PT Bank Raya Indonesia Tbk Banking 86.85% BRI Ownership
PT BRI Multifinance Indonesia Financing 99.88% BRI Ownership
PT BRI Manajemen Investasi Investment Management 65.00% BRI Ownership
PT BRI Danareksa Sekuritas Securities Company 67.00% BRI Ownership
PT BRI Ventura Investama Venture Capital 99.97% BRI Ownership
BRI Global Financial Services Ltd. Remittance 100% BRI Ownership
Dana Pensiun PT Bank Rakyat Indonesia
Pension fund BRI as Founder
(Persero) Tbk
Dana Pensiun Lembaga Keuangan
Pension fund BRI as Founder
PT Bank Rakyat Indonesia (Persero) Tbk
PT BPR Bringin Dana Sejahtera Rural Bank 90.00% Dapen BRI Ownership
PT Bringin Sejahtera Makmur Insurance Broker 99.73% Dapen BRI Ownership
Dana Pensiun PT Pegadaian Pension fund Pegadaian as Founder
Permodalan Nasional Madani 99.999%
PT PNM Investment Management Investment Management
Koperasi Jasa Karyawan Permodalan Nasional Madani 0.001%
Permodalan Nasional Madani 99.9997%
PT PNM Venture Capital Venture Capital
Koperasi Jasa Karyawan Permodalan Nasional Madani 0.0003%
PT Bank Rakyat Indonesia (Persero) Tbk 183
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Company Profile
Name Business Field Ownership
PNM Venture Capital 99.9988%
PT PNM Venture Syariah Venture Capital
Koperasi Jasa Karyawan Permodalan Nasional Madani 0.0012%
PNM Venture Capital 99.9988%
BPRS RIzky Barokah Sharia Rural Bank
Koperasi Jasa Karyawan Permodalan Nasional Madani 0.0012%
PNM Ventura Syariah 66.19%
BPRS Mentari Sharia Rural Bank
Individu 33.81%
PNM Ventura Syariah 79.68%
BPRS PNM Patuh Beramal Sharia Rural Bank
Individu 20.32%
PNM Ventura Syariah 58.01%
BPRS Haji Miskin Sharia Rural Bank
Individu 41.99%
Subsidiaries
Company Name PT Pegadaian
Business Field Pawn Company
BRI Participation Date September 13, 2021
Total Assets IDR151,260,934 million
Ownership (%) 99.99%
Start of Operation/Operation Status April 1,1901/Still Operating
Jl. Kramat Raya No.162, Kenari Senen, Jakarta Pusat 10430
Telp : (021) 3155550
Address Fax : (021) 80635162
Email : sekper.pusat@pegadaian.co.id
Web : www.pegadaian.co.id
Board of Commissioners
Anto Mukti Putranto President Commissioner
Umiyatun Hayati Triastuti Commissioner
Loto Srinaita Ginting Commissioner
Kukrit Suryo Wicaksono Independent Commissioner
Syafa'at Perdana Commissioner
Company Management Trimedya Panjaitan Independent Commissioner
Martina Independent Commissioner
Mei Ling *
Commissioner
Board of Directors
Damar Latri Setiawan President Director
Budi Wahju Soesilo Vice President Director
Selfie Dewiyanti Director of Marketing, Sales, and Product Development
Eka Pebriansyah Director of Network and Operations
Yos Iman Jaya Dappu Director of Digital and Information Technology
Tribuana Tunggadewi Director of Human Capital
Ferdian Timur Satyagraha Director of Finance and Strategic Planning
Company Management
Ismail Ilyas Director of Risk Management, Legal, dan Compliance
Sharia Supervisory Board
Muhammad Cholil Nafis Chairman
Muhammad Asrorun Ni'am Sholeh Member
* In the process of Fit & Proper Test
184 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Company Name PT Permodalan Nasional Madani (PNM)
Business Field Financing Company
BRI Participation Date September 13, 2021
Total Assets IDR56.986.249 million
Ownership (%) 99.99%
Start of Operation/Operation Status June 1, 1999/Still Operating
Menara PNM - Kuningan Center
Jl. Kuningan Mulia, Menteng Atas, Jakarta Selatan 12940
Telp : (021) 2511404
Address
Fax :-
Email : info@pnm.co.id
Web : www.pnm.co.id
Board of Commissioners
Drajad Hari Wibowo President Commissioner/ Independent Commissioner
Veronica Colondam Independent Commissioner
Nurhaida Independent Commissioner
Anas Puji Istanto Commissioner
Ardhya Pratiwi Setiowati Commissioner
Iwan Taufiq Purwanto Commissioner
Board of Directors
Company Management Arief Mulyadi President Director
Sahat P. Pangaribuan Director of Finance and Risk Management
Henry Yunus Kamang Pangemanan Director of Human Capital and Compliance
Kindaris Director of Business
Sunar Basuki Directo Operational
Yusron Avivi Director of Digital and Information Technology
Sharia Supervisory Board
Didin Hafidhuddin Chairman of the Sharia Supervisory Board
Muhammad Syafii Antonio Member of the Sharia Supervisory Board
PT Bank Rakyat Indonesia (Persero) Tbk 185
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Company Profile
Company Name PT Asuransi BRI Life (BRI Life)
Business Field Life Insurance Company
BRI Participation Date December 29, 2015
Total Assets IDR28,177,449 million
Ownership (%) 51.00%
Start of Operation/Operation Status October 28, 1987/Still Operating
Graha Irama
Jl. H. R. Rasuna Said Blok X-1 Kav. 1 & 2, Jakarta
Telp : (021) 526-1260, 526-1261
Address
Fax :-
Email : cs@brilife.co.id
Web : www.brilife.co.id
Board of Commissioners
Muhammad Syafri Rozi President Commissioner
Lau Soon Liang Commissioner
Hari Siaga Amijarso Independent Commissioner
Ubaidillah Nugraha Independent Commissioner
(vacant) Independent Commissioner
Board of Directors
(vacant) President Director
Company Management
(vacant) Director of Compliance & Legal
Andrew Bain Director of Operational
Sutadi* Director of Marketing
Lim Chet Ming Director of Finance
Supervisory Board
Mohamad Hidayat Chariman
Siti Haniatunnisa Member
(vacant) Member
* Concurrently as Plt. President Director to Definitive Officer available
186 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Company Name PT Bank Raya Indonesia Tbk (Raya)*
Business Field National Private Commercial Bank
BRI Participation Date March 3, 2011
Total Assets IDR13,211,298 million
Ownership (%) 86.85%
Start of Operation/Operation Status September 27, 1989/ Still Operating
Menara BRIliaN, Jl. Jend. Gatot Subroto No. 177A, Tebet, Jakarta Selatan 12870
Telp : (021) 50931300
Address Fax : (021) 50931494
Email : humas@bankraya.co.id
Web : www.bankraya.co.id
Board of Commissioners
M. Sidik Heruwibowo President Commissioner
Johanes Kuntjoro Adi S. Independent Commissioner
Retno Wahyuni Wijayanti Independent Commissioner
Nyimas Dewi Ratih Kamil Commissioner
Company Management Board of Directors
Ida Bagus Ketut Subagia President Director
Lukman Hakim Director of Digital and Operational
Rustarti Suri Pertiwi Director of Finance
Danar Widyantoro Director of Risk Management, Compliance, and Human Resource
Kicky Andrie Davetra Director of Business
* Previously named PT Bank Rakyat Indonesia Agroniaga Tbk (BRI Agro)
PT Bank Rakyat Indonesia (Persero) Tbk 187
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Company Profile
Company Name PT BRI Asuransi Indonesia (BRI Insurance)
Business Field General Insurance Company
BRI Participation Date September 26, 2019
Total Assets IDR8,122,575 million
Ownership (%) 90.00%
Start of Operation/Operation Status April 17, 1989/Still Operating
Graha BRI Insurance
Jl. Mampang Prapatan Raya No. 18 Jakarta Selatan 12790
Telp : (021) 791 70477/78
Address
Fax :-
Email : info@work.brins.co.id
Web : www.brins.co.id
Board of Commissioners
Kris Hananto President Commissioner
Benny Imam Safii Independent Commissioner
Wahab Talaohu Independent Commissioner
(vacant) Independent Commissioner
Board of Directors
Rahmat Budi Legowo President Director
Sonny Harsono W.S Director of Operational and Finance
Heri Supriyadi Director of Compliance and Risk Management
Company Management (vacant) Technical Director
Recky Plangiten Director of Business
Sharia Supervisory Board
Hj. Nilmayetty Yusri Chairman of the Sharia Supervisory Board
Abdul Ghoni Member of the Sharia Supervisory Board
Company Name PT BRI Multifinance Indonesia (BRI Finance)
Business Field Financing Company
BRI Participation Date December 7, 1983
Total Assets IDR5,419,420 million
Ownership (%) 99.88%
Start of Operation/Operation Status December 7, 1983/Still Operating
Menara BRILiaN Lantai GF, 21 dan 22
Jl. Gatot Subroto No. 177A Kav. 64, Menteng Dalam, Tebet, Jakarta Selatan 12870
Telp : (021) 574 5333
Address
Fax :-
Email : contact.us@brifinance.co.id
Web : www.brifinance.co.id
Board of Commissioners
Sigit Murtiyoso Acting President Commissioner
(vacant) Commissioner
Diah Defawati Ande Independent Commissioner
Company Management Board of Directors
Wahyudi Darmawan President Director
Primartono Gunawan Director of Business
Ari Prayuwana Director of Risk Management
(vacant) Director of Operational
188 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Company Name PT BRI Ventura Investama (BRI Ventures)
Business Field Venture Capital Company
BRI Participation Date December 20, 2018
Total Assets IDR2,118,362 million
Ownership (%) 99.97%
Start of Operation/Operation Status January 22, 1998/Still operating
District 8 Office, Prosperity Tower Lt. 16 Unit F, SCBD Lot 28
Jl. Jend Sudirman Kav 52-53 Senayan Kebayoran Baru Jakarta 12190
Telp : (021) 5092 8500
Address
Fax :-
Email : hello@briventures.co.id
Web : www.briventures.id
Board of Commissioners
(vacant) President Commissioner
Henri Independent Commissioner
Agoosh Yoosran Independent Commissioner
Company Management
Board of Directors
(vacant) President Director
Indra Bayu Gunawan Acting Director of Finance
Markus Liman Rahardja* Director of Venture Investment
* Concurrently as Plt. President Director to Definitive Officer available
Company Name PT BRI Danareksa Sekuritas (BRI DS)
Business Field Securities Companies
BRI Participation Date December 21, 2018
Total Assets IDR1,279,094 million
Ownership (%) 67.00%
Start of Operation/
July 1, 1992/Still Operating
Operation Status
Gedung BRI II Lt. 23
Jl. Jenderal Sudirman Kav. 44-46 Jakarta 10210
Telp : (021) 50914100, (021) 1500688
Address
Fax :-
Email : callcenter@bridanareksasekuritas.co.id
Web : www.BRIDanareksasekuritas.co.id
Board of Commissioners
(vacant) President Commissioner
Donsuwan Simatupang Independent Commissioner
(vacant) Commissioner
Board of Directors
Company Management
(vacant) President Director
Fifi Virgantria *
Director of Retail & Information Technology
Sirih Wahyono Director of Finance and Risk Management
(vacant) Director of Investment Banking Advisory
(vacant) Director of Investment Banking Capital Market
* Concurrently as Plt. President Director to Definitive Officer available
PT Bank Rakyat Indonesia (Persero) Tbk 189
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Company Profile
Company Name PT BRI Manajemen Investasi (BRI MI)
Business Field Investment Companies
BRI Participation Date December 20, 2018
Total Assets IDR375,569 million
Ownership (%) 65.00%
Start of Operation/Operation Status October 9, 1992/ Still Operating
Gedung BRI II Lt. 22
Jl. Jenderal Sudirman Kav. 44-46 Jakarta 10210
Telp : (021) 29555789
Address
Fax : (021) 25198 003
Email : cs@danareksainvestment.co.id
Web : www.danareksainvestment.co.id
Board of Commissioners
- President Commissioner
Kahlil Rowter Acting Independent Commissioner
(vacant) Commissioner
Company Management
Board of Directors
Arief Budiman President Director
Ira Irmalia Sjam Director of Operational
(vacant) Director of Business
Company Name BRI Global Financial Services Co. Ltd. (BRI Global Financial Services)*
Business Field Remittance Company
BRI Participation Date December 16, 2011
Total Assets IDR62,546 million
Ownership (%) 100.00%
Start of Operation/Operation Status April 7, 2005/Still Operating
Park Avenue Tower, Floor 12, Unit 12B, 5 Moreton Terrace, Causeway Bay, Hongkong
Telp : (852) 35902875, (852) 34622810, (852) 34622684
WA Call Center (official) (852) 5185 6683
Address
Fax :-
Email : contact@ brifins.com
Web : www.brifins.com
Executive Management
Company Management - Non-Executive Director
Dimas Hendrasaputra Executive Director
* As of October 30, 2023, BRI Remittance Co. Ltd. changed its name to BRI Global Financial Services
190 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Associate Company
Company Name PT Bank Syariah Indonesia Tbk (BSI)
Business Field Sharia Commercial Bank
BRI Participation Date December 19, 2007
Total assets IDR456.192.606 million
Ownership (%) 15.38%
October 16, 2008/ Still Operating
Start of Operation/Operation Status
Note: As of February 1, 2021, Effectively joining Bank Syariah Mandiri and BNI Syariah
to become Bank Syariah Indonesia (BSI).
Kantor Pusat Gedung The Tower
Jl. Gatot Subroto No. 27
Kelurahan Karet Semanggi,
Kecamatan Setiabudi,
Address Jakarta Selatan 12930
Telp : BSI Call – 14040
Fax :-
Email : contactus@bankbsi.co.id
Web : www.bankbsi.co.id
Company Name PT Bahana Artha Ventura (BAV)
Business Field Venture Capital Company
BRI Participation Date November 21, 2017
Total assets IDR1,227,466 million
Ownership (%) 15.10%
Start of Operation/Operation Status August 5,1992/Still Operating
Wisma Prima Lantai 5
Jl. Kapten P. Tendean No. 34, Jakarta Selatan 12790
Telp : (021) 79182688
Address
Fax : (021) 7918 2687
Email : -
Web : www.bahanaventura.com
Investments at Fair Value
Company Name PT Kustodian Sentral Efek Indonesia (KSEI)
Business Field Securities Settlement Institute
BRI Participation Date December 5, 1997
Total assets IDR3,725,101 million
Ownership (%) 3.00%
Start of Operation/Operation Status November 11, 1998/ Still Operating
Gedung Bursa Efek Jakarta Tower I, 5th Floor
JL. Jend Sudirman Kav. 52-53, Jakarta 12190
Telp : (021) 5152855
Address
Fax : (021) 5299 1199
Email : helpdesk@ksei.co.id
Web : www.ksei.co.id
PT Bank Rakyat Indonesia (Persero) Tbk 191
Page 192
Company Profile
Company Name PT Kliring Penjaminan Efek Indonesia (KPEI)
Business Field Clearing and Settlement Guarantee Institution (LKP)
BRI Participation Date September 26, 2024
Total assets -
Ownership (%) 1.11%
Start of Operation/Operation Status August 5, 1996/Still Operating
Gedung Bursa Efek Indonesia, Tower I Lantai 5
Jl. Jenderal Sudirman Kav 52-53
Address Jakarta Selatan 12190, Indonesia
Email : customer.care@idclear.co.id
Web : www.idclear.co.id
Company Name PT Pemeringkat Efek Indonesia (Pefindo)
Business Field Securities Rating Company
BRI Participation Date June 15, 1995
Total assets -
Ownership (%) 0.18%
Start of Operation/Operation Status December 21, 1993/ Still Operating
Panin Tower Senayan City, 17th Floor
Jl. Asia Afrika Lot. 19, Gelora, Jakarta 12220
Telp : (021) 50968469
Address
Fax : (021) 50968468
Email : corporate.secretary@pefindo.co.id
Web : www.pefindo.com
Joint Venture Company
As of December 31, 2025, BRI does not have a Joint Venture
Company.
192 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Company Group
Structure
1 Series A
Dwiwarna
Share
The Government of the Republic PT Danantara Asset
of Indonesia through BP BUMN Management (Persero) Public
0.00% 53.19% 46.81%
Description: As of December 31, 2025, the Government of the Republic
of Indonesia held 1 Series A Dwiwarna Share through the State-Owned
Enterprises Regulatory Agency and 80,610,976,875 Series B Shares
through PT Danantara Asset Management (Persero)
PT Bank Raya Indonesia Tbk (Raya) PT BRI Multifinance Indonesia
86.85% 99.88%
Subsidiaries Subsidiaries
BRI Global Financial Services Co. Ltd. PT BRI Ventura Investama
100.00% 99.97%
Subsidiaries Subsidiaries
PT Asuransi BRI Life PT BRI Asuransi Indonesia
51.00% 90.00%
Subsidiaries Subsidiaries
PT BRI Danareksa Sekuritas PT Pegadaian
67.00% 99.99%
Subsidiaries Subsidiaries
PT BRI Manajemen Investasi PT Permodalan Nasional Madani
65.00% 99.99%
Subsidiaries Subsidiaries
Associate Company
PT Kliring
PT Bank Syariah PT Bahana PT Kustodian Sentral PT Pemeringkat Efek
Penjaminan Efek
Indonesia Tbk Artha Ventura Efek Indonesia (KSEI) Indonesia (Pefindo)
Indonesia (KPEI)
15.38% 15.10% 3.00% 0.18%
1.11%
Associate Company Associate Company Associate Company Associate Company Associate Company
Until 2025, BRI does not have a Parent Entity, Joint Venture and Special Purpose Vehicle (SPV).
PT Bank Rakyat Indonesia (Persero) Tbk 193
Page 194
Company Profile
Bank Business Group
Information
BRI has 10 (ten) Subsidiaries, which is BRI’s ownership in the Subsidiaries is more than 50%. BRI as the majority shareholder has
the right to nominate members of the Board of Directors and Board of Commissioners of Subsidiaries, with details as follows:
No Name of Company Nomination Rights
BRI has the right to nominate candidates for the Board of Directors and the Board
1. PT Bank Raya Indonesia Tbk of Commissioners.
Based on the Special Power of Attorney of the Minister of SOEs No. SKK – 87/ MBU/09/2021
2. PT Pegadaian dated September 13, 2021, BRI may submit proposals for Board of Directors candidates and
Board of Commissioners candidates.
Based on the Special Power of Attorney of the Minister of SOEs No. SKK – 87/ MBU/09/2021
3. PT Permodalan Nasional Madani dated September 13, 2021, BRI may submit proposals for Board of Directors candidates and
Board of Commissioners candidates.
Based on the PT Asuransi BRI Life Shareholders Agreement, BRI has the right to nominate the
4. PT Asuransi BRI Life President Director, Compliance & Legal Director and Marketing Director. Furthermore, BRI has
the right to nominate the President Commissioner and 2 (two) Independent Commissioners
BRI has the right to nominate for Board of Directors candidates and Board of Commissioners
5. PT BRI Asuransi Indonesia candidates
Based on the Shareholder Agreement between BRI and PT Danareksa (Persero), BRI has the
right to nominate the President Director, Director of Operations, Finance & Risk Management
6. PT BRI Danareksa Sekuritas and Director of Institutional & Retail Capital Market. Furthermore, BRI has the right to nominate
the President Commissioner and 1 (one) Independent Commissioner.
BRI has the right to nominate for Board of Directors candidates and Board of Commissioners
7. PT BRI Multifinance Indonesia candidates.
BRI has the right to nominate for Board of Directors candidates and Board of Commissioners
8. PT BRI Ventura Investama candidates.
9. BRI Global Financial Services BRI has the right to nominate candidates for Executive Director and Non Executive Director.
Based on the Shareholders Agreement between BRI and PT BRI Manajemen Investasi BRI owned
10. PT BRI Manajemen Investasi the right to nominate the President Director, Director of Finance. Furthermore, BRI had the right
to nominate a President Commissioner and 1 (one) Independent Commissioner.
In relation to the composition of the Management of BRI’s Subsidiaries, there are 1 (one) Managers at BRI’s Subsidiaries who
currently also serve at BRI, namely as follows:
No Name of Company Name Position at BRI Position at Subsidiary
1. PT BRI Asuransi Indonesia Kris Hananto Group Head Compliance President Commisioner
As of 31 December 2025, there were no shareholders acting on behalf of other shareholders.
194 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
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Stock Issuance
Chronology
2003 INITIAL PUBLIC OFFERING (IPO) 2004-2010 SHARE OWNERSHIP PROGRAM
On 31 October 2003, BRI exercised Initial Public Offering FOR MANAGEMENT (MANAGEMENT STOCK OPTION
with a total of 3,811,765,000 Registered Ordinary Shares PROGRAM)
Series B to domestic and foreign investors. The total shares Based on the Extraordinary General Meeting of Shareholders’
was a divestment of 2,047,060,000 shares of the Republic decision on October 3. 2003. BRI’s shareholders approved
of Indonesia and 1,764,705,000 shares issued from the the stock purchase options for management or Management
portfolio. Stock Option Plan (MSOP). The number of shares issued
in BRI’s MSOP was 588,235,250. The implementation of
The initial public offering was in accordance with the the MSOP was carried out in three phases with the MSOP
effective registration statement issued by Bapepam - now Phase I and II exercise periods ended on November 9. 2008
OJK (Letter of Bapepam Chairman No. S-2646/ PM/2003) and November 9. 2009. while the Phase III MSOP ended on
dated 31 October 2003. The shares were offered at a nominal November 9, 2010.
value of IDR500.00 per share. traded on 10 November 2003.
with offering price of IDR875.00 (IDR87.50 adjusted with The three stages of MSOP refer to Bapepam-LK Regulation
stock split in 2011 and 2017) and registered in Jakarta Stock No. IX.D.4 and IDX Regulation No.1-A Lamp. JSE Board of
Exchange (now Indonesia Stock Exchange). Directors Decree No. Kep.305/BEJ/07-2004 concerning
Securities Listing. MSOP shares that have been exercised
Following the initial public offering. BRI issued two types of until the end of all MSOP stages are 569,876,000 shares.
shares: Golden Shares Series A and Ordinary Shares Series Until the end of the exercise period. there were still 18.3
B. Golden Shares Series A are issued and owned by the million non-exercised shares consisting of 4.3 million MSOP
Republic of Indonesia and are not transferable to any parties. Phase I. 5.2 million MSOP Phase II and 8.8 million MSOP
Phase III shares. With the end of the MSOP exercise in 2010.
On 10 November 2003 BRI exercised oversubscription option the composition of government share ownership changed
of 381,176,000 Ordinary Shares Series B ofthe Republic from 59.07% in 2004 to 56.75% in 2010.
of Indonesia (divestment) and over-allotment option of
571,764,000 Ordinary Shares Series B of the Republic of
Indonesia (divestment) on 3 December 2003. The divestment
was listed at the Jakarta Stock Exchange (now Indonesia
Stock Exchange).
2011 STOCK SPLIT 1:2
Based on the Bank’s Extraordinary General Meeting of Shareholders (“EGMS”) held on 24 November 2011. the shareholders
have approved to exercise a stock split from previously IDR500 per share to IDR250 per share (Ratio 1:2). The share price
prior to stock split on 10 January 2011 was IDR9.300.00 and changed to IDR4.800 at the closing of trading on 11 January 2011.
With such stock split. the total shares outstanding prior to the stock split was 12,334,581,000 shares and at the stock split was
24,669,162.000 shares as of 11 January 2011. There was no changes on the shares ownership composition by the Government
or Public prior to and after the stock split.
Stock Split in 2011
Shareholders (Total Shares Outstanding)
Total
Description Government Public Nominal Shares
Outstanding
Number of (shares) % Number of (shares) % IDR
Before Stock Split 7,000,000,000 56.75 5,334,581,000 43.25 500 12,334,581,000
After Stock Split 14,000,000,000 56.75 10,669,162,000 43.25 250 24,669,162,000
PT Bank Rakyat Indonesia (Persero) Tbk 195
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Company Profile
STOCK BUY-BACK IN 2015-2016
BRI exercised stock buyback during 3 months. from 12 October 2015 until 12 January 2016 with a total purchase of 221,718,000
shares at an acquisition price of IDR2.419 trillion. The initial target of buyback was planned at IDR2.5 trillion provided that the
number of BRI shares buyback does not exceed 20% of the total paid-up capital and at least 7.5% of paid-up capital. Following
the BRI’s IPO and oversubscribed as well as allocated options. the Government of Republic of Indonesia holds 59.50% shares
of BRI.
Stock Buy Back in 2015-2016
Total Number of shares Average Purchase Price Increase in Earnings per Share
221,718,000 shares IDR10,910/shares IDR9.5/shares
Note: before stock split 1:5
In performing the stock buyback and/or bonds. the Bank complies with the prevailing external regulations. among others:
• Law No. 40 of 2007 on Limited Liability Company.
• OJK Regulation No. 2/POJK.04/2013 on Stock Buyback by Issuers or Public Companies in Significantly Fluctuating Market
Conditions.
• OJK Circular Letter No. 22/SEOJK.04/2013 on Other Conditions as Significantly Fluctuating Market Conditions of Stock
Buyback by Issuers or Public Companies in Significantly Fluctuating Market Conditions.
• Bank Indonesia Regulation No. 15/12/DASP/2013 regarding the Procedures for the Auction of Government Securities in the
Primary Market and the Administration of Government Securities.
The source of buyback funds was the Bank’s internal cash and there was an assurance that the funds would not impact the
Bank’s financial condition required to finance its activities. All buy back transactions have been administered to the OJK on
January 13, 2016. The buyback shares are planned to be used the Management/Employee Share Ownership Program.
2017 STOCK SPLIT 1:5
Based on Pursuant to the Extraordinary General Meeting of Shareholders (“EGMS”) held on October 18, 2017. the shareholders
approved a stock split from IDR250 per shares previously to IDR50 per shares (Ratio 1:5). The share price prior to stock split
on November 9, 2017 was IDR16,450 and were changed to IDR3,280 at the closing of trading on November 10, 2017. Thus. the
total shares outstanding prior to the stock split was 24,669,162,000 shares and at the stock split was 123,945,810,000 shares as
of November 10, 2017. There were no changes on the shares’ ownership composition by the Government or Public prior to and
after the stock split. The shares listing chronology in relation with this corporate action are as follow:
Stock Split in 2017
Shareholders (Total Shares Outstanding)
Total Shares
Description Government Public Nominal
Outstanding
Number of (shares) % Number of (shares) % IDR
Before Stock Split 14,000,000,000 56.75 10,669,162,000 43.25 250 24,669,162,000
After Stock Split 70,000,000,000 56.75 53,345,810,000 43.25 50 123,345,810,000
STOCK OWNERSHIP PROGRAM FOR EMPLOYEES (EMPLOYEE STOCK OPTION PROGRAM/ESOP) 2019
Based on the General Meeting of Shareholders (GMS) Decision dated March 23, 2016 on Agenda 5 (five), shareholders
approved the transfer of shares resulting from the buyback which were held as treasury stock in the context of implementing the
Management and Employee Share Ownership Program. The GMS granted power and authority to the Board of Commissioners to
determine the Share Ownership Program after obtaining written approval from Dwiwarna series A shareholders. In line with the
Ministry of State-Owned Enterprises (BUMN) Letter which supports the implementation of share ownership for BRI Employees/
Employee Stock Ownership Program (ESOP), BRI in 2016. In 2019, BRI has implemented an ESOP in the form of a Bonus Share
196 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
for phase I. The Treasury Shares that have been used for the STOCK BUYBACK (BUYYBACK) IN 2020
ESOP phase I have been transferred to each employee on BRI conducted a share buyback in accordance with Financial
May 23 and 24, 2019 in the form of a Stock Script totaling Services Authority Regulation (POJK) No. 02/POJK.04/2013
143,415,500 shares. The transfer of treasury shares for the and Financial Services Authority Circular Letter (SEOJK) No.
ESOP that is meant was reported to the OJK in May 2019. 3/SEOJK.04/2020 from 13 March 2020 to 12 June 2020. The
implementation of the buyback had been disclosed through
STOCK OWNERSHIP PROGRAM FOR EMPLOYEES an Information Disclosure in Compliance with Financial
(EMPLOYEE STOCK OPTION PROGRAM/ESOP) IN 2020 Services Authority Regulation No. 02/POJK.04/2013
In 2020, BRI implemented the distribution of the Employee regarding the Company’s Share Buyback Plan in Significantly
Stock Allocation (ESA) share ownership program with a total Fluctuating Market Conditions dated 13 March 2020. The
of 231,111,000 shares, consisting of ESA Phase 1 of 4,396,700 total number of shares repurchased amounted to 16,400,000
shares and ESA Phase 2 of 226,714,300 shares. shares, with an average acquisition price of IDR2,881.34 per
share.
2021 RIGHT ISSUE
On September 13, 2021 – September 22, 2021. PT Bank Rakyat Indonesia (Persero) Tbk conducted Rights Issue or Capital
Increase with Pre-emptive Rights (“PMHMETD”) I in the context of forming Ultra Micro Holding consisting of PT Pegadaian
(Persero) and PT Permodalan Nasional Madani (PNM) Persero. BRI offered a maximum of 28,213,191,604 new Series B shares
with apar 0 value of 50 IDR per share or a maximum of 18.62% of BRI’s issued and fully paid capital after PMHMETD I. Each
previous holder of 1,000,000,000 BRI shares whose names were registered in the DPS. On September 9, 2021. BRI was entitled
to 230,128,553 (HMETD) in which 1 (one) Preemptive Rights had the right to purchase 1 New Share at an Exercise Price of 3,400-
IDR (three thousand four hundred Rupiah) per share. The total funds and inbreng results received by BRI in PMHMETD I reached
to IDR95,924,851,453,600. of which IDR54,770,595,614,000 came from the Government of the Republic of Indonesia in the form
of inbreng (non-cash). and IDR41,154,255,839,600 from the public (cash). BRI’s outstanding shares increased by 28,213,191,604
from 123,345,810,000 to 151,559,001,604 with a TERP of IDR3,810.
Implementation of Right Issue in 2021
Shareholders (Total Shares Outstanding)
Total Shares
Description Government Public Government
Outstanding Public
Number (shares) % Number (shares) % IDR
Before Right Issue 70,000,000,000 56.75 53,345,810,000 43.25 50 123,345,810,000
After Right Issue 86,108,998,710 56.82 65,450,002,894 43.18 50 151,559,001,604
SHARE BUYBACK (BUYBACK) IN 2022-2023
At the Annual General Meeting of Shareholders (AGMS) on March 1 2022, BRI has obtained shareholder approval to carry out
a share buyback (Buyback) with a Buyback value of up to IDR 3 trillion carried out through the Indonesian Stock Exchange
(BEI), either in stages or all at once and completed no later than 18 months from the AGMS approval, namely on March 1, 2022
to August 31, 2023. The shares resulting from the Buyback will be used for the employee and/or Directors share ownership
program. and the Company’s Board of Commissioners. The implementation of the buyback also referred to Financial Services
Authority Regulation (POJK) No. 30/POJK.04/2017.
In the period April 2022 to January 2023, BRI has carried out buybacks of 647,385,900 shares with an average acquisition price
of IDR4,634.02 per share.
PT Bank Rakyat Indonesia (Persero) Tbk 197
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Company Profile
SHARE BUYBACK (BUYBACK) IN 2024-2025 TRANSFER OF THE REPUBLIC OF INDONESIA’S SHARES
In the period from September 2023 to September 2024, On March 22, 2025, the Government of the Republic of
BRI implemented a share buyback program in accordance Indonesia transferred ownership of 80,610,976,875 Series B
with Financial Services Authority Regulation (POJK) No. shares, representing 53.19% of the Company’s total issued
30/POJK.04/2017. The implementation of the program had and fully paid-up shares, through an inbreng mechanism
obtained approval through the Annual General Meeting to PT Biro Klasifikasi Indonesia (Persero) (currently
of Shareholders (AGMS) held on 13 March 2023. From the PT Danantara Asset Management (Persero)).
implementation of the buyback, the Company successfully
repurchased 293,932,300 shares at an average acquisition The transfer of shares owned by the Government of the
price of Rp5,103.22 per share. Republic of Indonesia, as stipulated in the Deed of Share
Subscription through Contribution in Kind to a Limited
SHARE BUYBACK (BUYBACK) IN 2025-2026 Liability Company No. 121 dated March 22, 2025, drawn
In 2025, BRI once again implemented a share buyback up before Jose Dima Satria, S.H., M.Kn., Notary in Jakarta,
program in accordance with POJK Number 29 of 2023, as constitutes the implementation of the prevailing laws and
approved at the Annual General Meeting of Shareholders regulations, namely Law No. 1 of 2025 concerning the Third
(AGMS) held on 24 March 2025. As of 31 December 2025, Amendment to Law No. 19 of 2003 concerning State-Owned
the program had been realized through the repurchase of Enterprises and Government Regulation No. 15 of 2025
132,321,300 shares, with an average acquisition price of concerning the Addition of State Capital Participation of
IDR3,687.12 per share. the Republic of Indonesia into the Share Capital of PT Biro
Klasifikasi Indonesia (Persero) for the establishment of an
Operational Holding.
The Government of the Republic of Indonesia remains the Controlling Shareholder of the Company (Ultimate Beneficial Owner)
through the direct ownership of 1 Series A Dwiwarna share with special rights held by the Minister of State-Owned Enterprises.
In relation to the aforementioned transfer, the composition of the Company’s share ownership as of March 24, 2025, based on
the Statement Letter issued by the Company’s Securities Administration Bureau, PT Datindo Entrycom, is as follows:
Shares with a nominal value of IDR50.- (fifty Rupiah) per share
Description Number (shares) Nominal (IDR) %
Authorized Capital
Series A Dwiwarna Share 1 50
Series B Shares 299,999,999,999 14,999,999,999,950
Total Authorized Capital 300,000,000,000 15,000,000,000,000
Issued and Fully Paid Capital
Series A Dwiwarna Share
The Government of the Republic of Indonesia 1 50 0.00
Series B Share
PT Biro Klasifikasi Indonesia (Persero)
80,610,976,875 4,030,548,834,750 53.19
(currently PT Danantara Asset Management (Persero))
Other Shareholders with ownership of less than 5%*) 70,948,024,728 3,547,401,236,400 46.81
Total Issued and Fully Paid Capital 151,559,001,604 7,577,950,080,200 100.00
Shares in the Portfolio 148,440,998,396 7,422,049,919,800
*) Including treasury shares totaling 902,207,000 shares
198 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Subsequently, on January 5, 2026, PT Danantara Asset The aforementioned share transfer constitutes the
Management (Persero) transferred ownership of a portion of implementation of Law No. 16 of 2025 concerning the Fourth
the Company's Series B Shares amounting to 806,109,768 Amendment to Law No. 19 of 2003 concerning State-Owned
shares or 0.53% of all shares that have been issued and fully Enterprises.
paid up by the Company through a share ownership transfer
transaction based on the Agreement on the Transfer of State- The Government of the Republic of Indonesia is the
Owned Shares of the Republic of Indonesia in the Form of Controlling Shareholder of the Company (Ultimate Beneficial
Series B Shares in SOEs to SOE Regulatory Agency Number Owner) through the ownership of 1 Series A Dwiwarna share
PERJ-1/BPU/01/2026 and Number LGL1.001/PERJ/DIDAM. with special rights and 806,109,768 Series B shares through
DO/2026 dated January 5, 2026 between the Head of SOE BP BUMN, as well as the ownership of 79,804,867,107
Regulatory Agency and PT Danantara Asset Management Series B shares through PT Danantara Asset Management
(Persero). (Persero).
In relation to the aforementioned transfer, the composition of the Company’s share ownership as of January 7, 2026, based on
the Statement Letter issued by the Company’s Securities Administration Bureau, PT Datindo Entrycom, is as follows:
Shares with a nominal value of IDR50.- (fifty Rupiah) per share
Description Number (shares) Nominal (IDR) %
Authorized Capital
Series A Dwiwarna Share 1 50
Series B Shares 299,999,999,999 14,999,999,999,950
Total Authorized Capital 300,000,000,000 15,000,000,000,000
Issued and Fully Paid Capital
Series A Dwiwarna Share
The Government of the Republic of Indonesia 1 50 0.00
Series B Share
1. The Government of the Republic of Indonesia through
806,109,768 4,030,548,834,750 0.53
the State-Owned Enterprises Regulatory Agency
2. PT Danantara Asset Management (Persero) 79,804,867,107 3,990,243,355,350 52.66
3. Other Shareholders, each holding less than 5%*) 70,948,024,728 3,547,401,236,400 46.81
Total Issued and Fully Paid Capital 151,559,001,604 7,577,950,080,200 100.00
Shares in the Portfolio 148,440,998,396 7,422,049,919,800
*) Including treasury shares totaling 958,602,200 shares
PT Bank Rakyat Indonesia (Persero) Tbk 199
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Company Profile
BRI Chronology of Issuance/Listing of Shares
Offer Price Number of Shares
Year Corporate Action Nominal
(IDR) Issued
2003 Initial Public Offering 500 875 3,811,765,000
2004 Exercise MSOP 500 - 85,385,500
2005 Exercise MSOP 500 - 185,610,000
2006 Exercise MSOP 500 - 250,721,000
2007 Exercise MSOP 500 - 31,379,000
2008 Exercise MSOP 500 - 7,499,000
2009 Exercise MSOP 500 1,750 4,553,000
2010 Exercise MSOP 500 - 4,728,500
2011 Stock Split 1:2 on January 11, 2011 250 - -
2015 250 - -
Stock Buy-Back of 221,718,000 shares
2016 250 - -
2017 Stock Split 1:5 on 10 November 2017 50 - -
2019 Exercise ESOP 143,415,500 50 2.240 -
2020 Exercise ESA 231,111,000 50 - -
2020 Stock Buy-Back of 16,400,000 shares 50 - -
Right Issue 50 3.400 28.213.191.604
2021
Transfer of Part of Government-Owned Shares to LPI 50 - -
2022 Stock Buy-Back of 479,454,100 shares 50 - -
2023 Stock Buy-Back of 286,765,400 shares 50 - -
2024 Stock Buy-Back of 175,098,700 shares 50 - -
Transfer of All Series B Shares Owned by the Government
2025 of the Republic of Indonesia to PT Danantara Asset 50 - -
Management (Persero)
2025 Stock Buy-Back of 132,321,300 shares 50 - -
Transfer of a Portion of Series B Shares Held
by PT Danantara Asset Management (Persero)
2026 to the Government of the Republic of Indonesia 50 - -
through BP BUMN
Description:
• There is no offering price for MSOP, ESOP, and ESA since the Company directly grants shares to eligible employees based on calculations, methods, and assumptions
from a competent third-party report.
• There is no offering price for Stock Buy-Back since the Company directly purchases shares through market mechanisms.
200 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Composition of Shareholders after Corporate Action
Total Number of Capital Value Paid
Shares Paid Up at Late Period (IDR Government Public
End of Period Million)
Number of shares % Number of shares %
11,764,705,000 5,882,353 7,000,000,000 59.50 4,764,705,000 40.50
11,850,090,500 5,925,045 7,000,000,000 59.07 4,850,090,500 40.93
12,035,700,500 6,017,850 7,000,000,000 58.16 5,035,700,500 41.84
12,286,421,500 6,143,211 7,000,000,000 56.97 5,286,421,500 43.03
12,317,800,500 6,158,900 7,000,000,000 56.83 5,317,800,500 43.17
12,325,299,500 6,162,650 7,000,000,000 56.79 5,325,299,500 43.21
12,329,852,500 6,164,926 7,000,000,000 56.77 5,329,852,500 43.23
12,334,581,000 6,167,291 7,000,000,000 56.75 5,334,581,000 43.25
24,669,162,000 6,167,291 14,000,000,000 56.75 10,669,162,000 43.25
24,669,162,000 6,167,291 14,000,000,000 56.75 10,669,162,000 43.25
24,669,162,000 6,167,291 14,000,000,000 56.75 10,669,162,000 43.25
123,345,810,000 6,167,291 70,000,000,000 56.75 53,345,810,000 43.25
123,345,810,000 6,167,291 70,000,000,000 56.75 53,345,810,000 43.25
123,345,810,000 6,167,291 70,000,000,000 56.75 53,345,810,000 43.25
123,345,810,000 6,167,291 70,000,000,000 56.75 53,345,810,000 43.25
151,559,001,604 7,577,950 86,108,998,710 56.82 65,450,002,894 43.18
151,559,001,604 7,577,950 80,610,976,876 53.19 70,948,024,728 46.81
151,559,001,604 7,577,950 80,610,976,876 53.19 70,948,024,728 46.81
151,559,001,604 7,577,950 80,610,976,876 53.19 70,948,024,728 46.81
151,559,001,604 7,577,950 80,610,976,876 53.19 70,948,024,728 46.81
The Republic of Indonesia
0.00
through BP BUMN: 1 share
151,559,001,604 7,577,950 70,948,024,728 46.81
PT Danantara Asset Management
53.19
(Persero): 80,610,976,875 shares
151,559,001,604 7,577,950 80,610,976,876 53.19 70,948,024,728 46.81
The Republic of Indonesia
0.53
through BP BUMN : 806,109,769 shares
151,559,001,604 7,577,950 70,948,024,728 46.81
PT Danantara Asset Management
(Persero): 79,804,867,107 shares 52.66
PT Bank Rakyat Indonesia (Persero) Tbk 201
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Company Profile
Chronology of Issuance
and/or Listing of Other Securities
Chronology of Issuance and/or Bond Issuance
Bond Information Table
Electronic Bond
Bond Amount
No. Description Distribution Tenor Currency
(Million)
Date
1. Subordinate Notes due 2003 September 25, 2003 120 Months USD USD150
2. BRI Bank Subordinated Bonds I Year 2004 January 09, 2004 120 Months IDR IDR500,000
3. BRI Bank Subordinated Bonds II Year 2009 December 22, 2009 60 Months IDR IDR2,000,000
Shelf Registration Bonds I Bank BRI Phase I
4. June 25, 2015 370 Days IDR IDR655,000
2015 Series A
Shelf Registration Bonds I Bank BRI Phase I
5. June 25, 2015 36 Months IDR IDR925,000
Year 2015 Series B
Shelf Registration Bonds I Bank BRI Phase I
6. July 02, 2015 60 Months IDR IDR1,420,000
Year 2015 Series C
Shelf Registration Bonds I Bank BRI Phase II
7. January 19, 2016 370 Days IDR IDR808,000
Year 2016 Series A
Shelf Registration Bonds I Bank BRI Phase II
8. January 19, 2016 36 Months IDR IDR1,018,500
Year 2016 Series B
Shelf Registration Bonds I Bank BRI Phase II
9. February 04, 2016 5 Years IDR IDR2,823,500
Year 2016 Series C
Shelf Registration Bonds I Bank BRI Phase III
10. May 04, 2016 370 Days IDR IDR1,212,000
Year 2016 Series A
Shelf Registration Bonds I Bank BRI Phase III
11. May 04, 2016 36 Months IDR IDR2,437,000
Year 2016 Series B
Shelf Registration Bonds I Bank BRI Phase III
12. May 25, 2016 5 Years IDR IDR701,000
Year 2016 Series C
Shelf Registration Bonds II Bank BRI Phase I
13. December 02, 2016 370 Days IDR IDR616,000
Year 2016 Series A
Shelf Registration Bonds II Bank BRI Phase I
14. December 02, 2016 36 Months IDR IDR964,000
Year 2016 Series B
Shelf Registration Bonds II Bank BRI Phase I
15. December 01, 2016 5 Years IDR IDR193,000
Year 2016 Series C
Shelf Registration Bonds II Bank BRI Phase I
16. December 01, 2016 7 Years IDR IDR477,000
Year 2016 Series D
Shelf Registration Bonds II Bank BRI Phase I
17. December 01, 2016 10 Years IDR IDR2,350,000
Year 2016 Series E
Shelf Registration Bonds II Bank BRI Phase II
18. April 12, 2017 370 Days IDR IDR1,131,000
Year 2017 Series A
Shelf Registration Bonds II Bank BRI Phase II
19. April 11, 2017 36 Months IDR IDR1,743,500
Year 2017 Series B
Shelf Registration Bonds II Bank BRI Phase II
20. April 11, 2017 5 Years IDR IDR925,000
Year 2017 Series B
Shelf Registration Bonds II Bank BRI Phase II
21. April 11, 2017 10 Years IDR IDR1,300,500
Year 2017 Series D
Shelf Registration Bonds II Bank BRI Phase III
22. August 24, 2017 36 Months IDR IDR980,500
Year 2017 Series A
Shelf Registration Bonds II Bank BRI Phase III
23. August 24, 2017 5 Years IDR IDR1,652,500
Year 2017 Series B
202 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Rating
Interest Payment
Bid Price Due Date Trustee
Rate Status
2025 2024
- October 30, 2013 7.75% Paid off - - -
- January 09, 2014 13.5% Paid off - - -
- December 22, 2014 10.95% Paid off - - -
100% of the principal Bank Negara
July 07, 2016 8.4% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
July 03, 2018 9.2% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
July 03, 2020 9.5% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
February 08, 2017 8.5% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
February 04, 2019 9.25% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
February 04, 2021 9.60% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
May 30, 2017 7.5% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
May 25, 2019 8.2% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
May 25, 2021 8.70% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
December 06, 2017 7.25% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
December 01, 2019 8% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
December 01, 2021 8.20% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
December 01, 2023 8.65% Paid off - -
amount of the bonds Indonesia
100% of the principal AAA by AAA by Bank Negara
December 01, 2026 8.90% Not yet paid off id id
amount of the bonds Pefindo Pefindo Indonesia
100% of the principal Bank Negara
April 16, 2018 7.2% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
April 11, 2020 8.1% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
April 11, 2022 8.30% Paid off - -
amount of the bonds Indonesia
100% of the principal AAA by AAA by Bank Negara
April 11, 2027 8.80% Not yet paid off id id
amount of the bonds Pefindo Pefindo Indonesia
100% of the principal Bank Negara
August 24, 2020 7.6% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
August 24, 2022 8% Paid off - -
amount of the bonds Indonesia
PT Bank Rakyat Indonesia (Persero) Tbk 203
Page 204
Company Profile
Electronic Bond
Bond Amount
No. Description Distribution Tenor Currency
(Million)
Date
Shelf Registration Bonds II Bank BRI Phase III
24. August 24, 2017 7 Years IDR IDR2,517,000
Year 2017 Series C
Shelf Registration Bonds II Bank BRI Phase IV
25. February 21, 2018 5 Years IDR IDR1,837,000
Year 2018 Series A
Shelf Registration Bonds II Bank BRI Phase IV
26. February 21, 2018 7 Years IDR IDR605,000
2018 Series B
27. Senior Notes due 2018 March 28, 2013 60 Months USD USD500
28. BRI Bank Subordinated Bonds III Year 2018 June 21, 2018 5 Years IDR IDR500,000
Shelf Registration Bonds III Bank BRI Phase I
29. November 07, 2019 370 Days IDR IDR737,850
Year 2019 Series A
Shelf Registration Bonds III Bank BRI Phase I
30. November 07, 2019 3 Years IDR IDR2,089,350
Year 2019 Series B
Shelf Registration Bonds III Bank BRI Phase I
31. November 07, 2019 5 Years IDR IDR2,172,800
Year 2019 Series C
32. Global Bond 2018 July 20, 2018 5 Years USD USD500
33. Sustainable Bond 2019 March 28, 2019 5 Years USD USD500
Bank BRI Sustainable Bonds I Phase I
34. July 20, 2022 370 Days IDR IDR2,500,000
Year 2022 Series A
Bank BRI Sustainable Bonds I Phase I
35. July 20, 2022 3 Years IDR IDR2,000,000
Year 2022 Series B
Bank BRI Sustainable Bonds I Phase I
36. July 20, 2022 5 Years IDR IDR500,000
Year 2022 Series C
37. BRI Bank Subordinated Bonds III Year 2018 July 06, 2023 5 Years IDR IDR500,000
Bank BRI Sustainable Bonds I Phase II
38. October 17, 2023 1 Years IDR IDR1,345,650
Year 2023 Series A
Bank BRI Sustainable Bonds I Phase II
39. October 17, 2023 2 Years IDR IDR4,154,350
Year 2023 Series B
Bank BRI Sustainable Bonds I Phase II
40. October 17, 2023 3 Years IDR IDR500,000
Year 2023 Series C
Bank BRI Sustainable Bonds I Phase III
41. March 20, 2024 1 Years IDR IDR1,237,665
Year 2024 Series A
Bank BRI Sustainable Bonds I Phase III
42. March 20, 2024 2 Years IDR IDR879,430
Year 2024 Series B
Bank BRI Sustainable Bonds I Phase III
43. March 20, 2024 3 Years IDR IDR382,905
Year 2024 Series C
Bank BRI Sustainable Bonds I Phase I
44. June 26, 2025 2 Years IDR IDR1,563,090
Year 2025 Series A
Bank BRI Sustainable Bonds I Phase I
45. June 26, 2025 3 Years IDR IDR2,110,745
Year 2025 Series B
Bank BRI Sustainable Bonds I Phase I
46. June 26, 2025 5 Years IDR IDR1,326,165
Year 2025 Series C
Continuing Commercial Paper I of
47. PT Bank Rakyat Indonesia (Persero) Tbk December 04, 2025 1 Month IDR IDR45,900
Year 2025 Phase I Series A
Continuing Commercial Paper I of
48. PT Bank Rakyat Indonesia (Persero) Tbk December 04, 2025 3 Months IDR IDR30,300
Year 2025 Phase I Series B
204 PT Bank Rakyat Indonesia (Persero) Tbk
Page 205
Annual Report
2025
Rating
Interest Payment
Bid Price Due Date Trustee
Rate Status
2025 2024
100% of the principal AAA by Bank Negara
August 24, 2024 8.25% Paid off - id
amount of the bonds Pefindo Indonesia
100% of the principal Bank Negara
February 21, 2023 6.65% Paid off - -
amount of the bonds Indonesia
100% of the principal AA by AAA by Bank Negara
February 21, 2025 6.90% Paid off id id
amount of the bonds Pefindo Pefindo Indonesia
- March 28, 2018 2.95% Paid off - - BNY Mellon
100% of the principal Bank Negara
June 26, 2023 7.70% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
November 17, 2020 6.5% Paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
November 07, 2022 7.60% Paid off - -
amount of the bonds Indonesia
100% of the principal AAA by Bank Negara
November 07, 2024 7.85% Paid off - id
amount of the bonds Pefindo Indonesia
99.696% of the principal
July 20, 2023 4.625% Paid off - - BNY Mellon
amount of the bonds
"BBB– by
99.713% of the principal Fitch Rating
March 28, 2024 3.950% Paid off - BNY Mellon
amount of the bonds Baa2 by
Moodys”
100% of the principal Bank Negara
July 30, 2022 3.70% Paid off - -
amount of the bonds Indonesia
100% of the principal AAA by Bank Negara
July 20, 2024 5.75% Paid off - id
amount of the bonds Pefindo Indonesia
100% of the principal AAA by AAA by Bank Negara
July 20, 2027 6.45% Not yet paid off id id
amount of the bonds Pefindo Pefindo Indonesia
100% of the principal AA by AA by Bank Tabungan
July 06, 2028 6.45% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by Bank Tabungan
October 27, 2024 6.10% Paid off - id
amount of the bonds Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
October 17, 2025 6.35% Paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
October 17, 2026 6.30% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
March 30, 2025 6.15% Paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
March 20, 2026 6.25% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
March 20, 2027 6.25% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
June 26, 2027 6.45% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
June 26, 2028 6.55% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
June 26, 2030 6.60% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal AAA by AAA by Bank Tabungan
January 03, 2026 4.50% Paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal A1+ by A1+ by Bank Tabungan
March 04, 2026 4.60% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
PT Bank Rakyat Indonesia (Persero) Tbk 205
Page 206
Company Profile
Electronic Bond
Bond Amount
No. Description Distribution Tenor Currency
(Million)
Date
Continuing Commercial Paper I of
49. PT Bank Rakyat Indonesia (Persero) Tbk December 04, 2025 6 Months IDR IDR20,000
Year 2025 Phase I Series C
Continuing Commercial Paper I of
50. PT Bank Rakyat Indonesia (Persero) Tbk December 04, 2025 12 Months IDR IDR403,800
Year 2025 Phase I Series D
Chronology of Issuance and/or Recording of Negotiable Certificate Deposit (NCD)
Table of Information Issuance of Negotiable Certificate Deposit (NCD)
Publication Tenor Value Interest Payment
Description date (month)
Currency
(million)
Due date
Rate (%) status
Negotiable Certificate
June 24, September 24, 5.35%
of Deposit I BANK BRI 3 Months IDR IDR630,000 Paid off
2020 2020 (Diskonto)
TAHUN 2020 Seri A
Negotiable Certificate
June 24, December 23, 5.35%
of Deposit I BANK BRI 6 Months IDR IDR520,000 Paid off
2020 2020 (Diskonto)
TAHUN 2020 Seri B
Negotiable Certificate
June 24, 5.35%
of Deposit I BANK BRI 12 Months IDR IDR850,000 June 24, 2021 Paid off
2020 (Diskonto)
TAHUN 2020 Seri C
Chronology of Issuance and/or Listing of Medium Term Notes (MTN)
Table of Information Issuance of Medium Term Notes (MTN)
Electronic Number
No. Interest Payment
Description distribution Tenor Currency of MTN Bid price Due date
Rate Status
date of MTN (Million)
BRI Medium Term
October 10, 370 October
1. Notes Phase I IDR IDR300,000 - 8.75% Paid off
2014 Days 15, 2015
Year 2014 Series A
BRI Medium Term
October 10, 24 October
2. Notes Phase I IDR IDR60,000 - 9.25% Paid off
2014 Months 10, 2016
Year 2014 Series B
BRI Medium Term
October 10, 36 October
3. Notes Phase I IDR IDR360,000 - 9.50% Paid off
2014 Months 10, 2017
Year 2014 Series C
BRI Medium Term
December 24, 12 December
4. Notes Phase II IDR IDR520,000 - 8.90% Paid off
2014 Months 24, 2015
Year 2014
BRI Medium Term
September 370 September
5. Notes Phase I IDR IDR1,925,000 - 7.40% Paid off
16, 2016 Days 21, 2017
Year 2016
100% of the
BRI Medium Term
November 24, principal November
6. Notes Year 2022 2 Years IDR IDR2,000,000 6.60% Paid off
2022 amount of 24, 2024
Series A
the MTN
100% of the
BRI Medium Term
November 24, principal November
7. Notes Year 2022 3 years IDR IDR3,000,000 6.98% Paid off
2022 amount of 24, 2025
Series B
the MTN
206 PT Bank Rakyat Indonesia (Persero) Tbk
Page 207
Annual Report
2025
Rating
Interest Payment
Bid Price Due Date Trustee
Rate Status
2025 2024
100% of the principal A1+ by A1+ by Bank Tabungan
June 02, 2026 4.85% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
100% of the principal A1+ by A1+ by Bank Tabungan
November 29, 2026 4.95% Not yet paid off id id
amount of the bonds Pefindo Pefindo Negara
Chronology of Issuance and/or Recording of Long Term Notes (LTN)
Table of Information Issuance of Long Term Notes (LTN)
Electronic
Number of
distribution Cur- Interest Payment
No. Description date
Tenor
rency
MTN Bid price Due date
Rate (%) Status
(Million)
of MTN
Long Term Notes
Carried Out Without
100% of the
Going Through a
December 27, 162 principal June 27, Not yet
1. Public Offering of IDR IDR52,332 0.55%
2022 Months amount of 2036 paid off
PT Bank Rakyat
the LTN
Indonesia (Persero)
Tbk I in 2022
Long Term Notes
Carried Out Without 100% of the
Public Offering of October 25, 159 principal January Not yet
2. IDR IDR59,485 0.55%
PT Bank Rakyat 2023 Months amount of 25, 2037 paid off
Indonesia (Persero) the LTN
Tbk II in 2023
Long Term Notes
Made Without a 100% of the
Public Offering March 26, 155 principal February Not yet
3. IDR IDR55.920 0.55%
PT Bank Rakyat 2024 Months amount of 26, 2037 paid off
Indonesia (Persero) the LTN
Tbk II Year 2023
Long Term Notes
Made Without a 100% of the
Public Offering March 26, 155 principal February Not yet
4. IDR IDR55.920 0.55%
PT Bank Rakyat 2024 Months amount of 26, 2037 paid off
Indonesia (Persero) the LTN
Tbk II Year 2024
Long Term Notes
Made Without a 100% of the
Public Offering January 16, 156 principal January Not yet
5. IDR IDR81.271 0.55%
PT Bank Rakyat 2025 Months amount of 16, 2038 paid off
Indonesia (Persero) the LTN
Tbk II Year 2025
PT Bank Rakyat Indonesia (Persero) Tbk 207
Page 208
Company Profile
Information on Using the Services
of Public Accounting (AP)
and Public Accounting Offices (KAP)
Name of KAP Purwanto Susanti and Surja*
Association Network Ernst & Young Global Limited
Indonesia Stock Exchange Building, Tower 2, 7 th Floor,
KAP Address
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia
AP Name Rindra Sulindro
KAP Assignment Period 10th year
AP Assignment Period 1st year
Audit Services Audit Fees (IDR)
1. General Audit of the Consolidated Financial Statements of the Company and Subsidiaries for the 2025 Fiscal Year. 17,301,500,000
2. Compliance with Legislation and Internal Control (PSA 62) 2025.
3. General audit of the Company’s Micro Small Enterprise Funding Program (PUMK) Financial Report 700,000,000
for the 2025 Fiscal Year.
Non Audit Services Non-Audit Fee (IDR)
1. Agreed procedure for calculating the KPI achievements of the Board of Directors (collegial and individual), 690,000,000
position December 31, 2025
2. Agreed procedures for data sent by BRI for the compilation of the Ministry of SOEs’ financial reports for the 2025 256,000,000
financial year (Anaplan).
3. Agreed procedures for compliance with applicable regulations for funding micro and small businesses 185,000,000
for the 2025 financial year.
4. Limited review of the Consolidated Financial Statements of the Company and its Subsidiaries as of October 31, 2025 9,600,000,000
5. Limited Confidence Assurance on the BRI Long Term Incentive (LTI) Report, Position December 31, 2025 267,500,000
(Long Term Incentive (LTI) Program for Directors & Board of Commissioners for the Period of 2023 - 2025
and 2024 - 2026).
6. Public Accounting Firm Services for the Issuance of Bank BRI Sustainable Social Bonds I. 2,930,000,000
208 PT Bank Rakyat Indonesia (Persero) Tbk
Page 209
Annual Report
2025
Name and Address of Supporting Institutions
and/or Professionals
Securities Rating Agency
PT Pemeringkat Efek Indonesia (Pefindo) Moody’s Investors Service
Panin Tower - Senayan City, 17th Floor 50 Raffles Place #23-06 Singapore Land Tower Singapore
Jl. Asia Afrika Lot. 19 Jakarta 10270, Indonesia 048623
Telp : (021) 7278 2380 Telp : 65 6398 8339
Fax : (021) 7278 2370 Fax : 65 6398 8301
Web : www.pefindo.com Web : www.moodys.com/indonesia
Email :- Email : clientservices@moodys.com
Services provided:
Corporate Rating, Rating of BRI Bank Sustainable Bonds Phase III
Year 2024
Fitch Ratings Indonesia SnP Global Rating
Prudential Tower 20 Floor
th
Jl. Jend Sudirman Kav. 79 Jakarta 12910, Indonesia
Singapore 12 Marina Boulevard 018982 Singapura
Telp : (021) 5795 7755 Head of Sales, Asia-Pacific
Fax : (021) 5795 7750
Web : www.fitchratings.co.id Telp : (0852) 2533-3522
Email :-
Fitch Ratings International
30 North Colonnade London E14 SGN United Kingdom
Telp : +44(0)20 3530 1000
Web : www.fitchratings.com
Email : lonaccounts.receivable@fitchratings.com
Trade Information and Share Listing Custodian
PT Bursa Efek Indonesia PT Kustodian Sentral Efek Indonesia
Gedung Bursa Efek Indonesia, Tower 1 Gedung Bursa Efek Indonesia, Tower 1, Lantai 5
Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190, Indonesia Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190, Indonesia
Telp : (021) 5150515 Telp : (021) 5152855
Fax : (021 5)154153 Fax : (021) 52991199
Web : www.idx.co.id Web : www.ksei.co.id
Email : listing@idx.co.id Email : helpdesk@ksei.co.id
Services provided: Shares Bond Listing Service Services provided: Management of securities administration
(shares and bonds) and Paying Agent
Securities Administration Bureau Notary Public
PT Datindo Entrycom Notaris & PPAT Fathiah Helmi
Jl. Hayam Wuruk No. 28, Jakarta 10120 Graha Irama Lantai 6C
Telp: (021) 3508077 Jl. H. R. Rasuna Said Blok X-1, Kav. 1& 2, Kuningan Timur,
Fax : (021) 350 8078 Kec. Setiabudi, Jakarta Selatan,
Web : www.datindo.com Daerah Khusus Ibukota Jakarta 12710
Email : dm@datindo.com
Services provided: Making deeds of GMS decisions
Services provided: AGMS Support Consultant Services and Articles of Association
(AGMS and Dividend Payment)
PT Bank Rakyat Indonesia (Persero) Tbk 209
Page 210
Company Profile
Awards
and Certifications
Awards
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
January 16,
1. IDN Times Inspiring News Maker 2024 IDN Times Banking Jakarta National
2025
CNBC Indonesia Research ESG Rating
January 31,
2. 2025 Awards - Awarded for its social CNBC Indonesia Banking Jakarta National
2025
responsibility and good governance
The 8th Infobank Satisfaction, Loyalty,
and Engagement 2025: The Best February 04,
3. Infobank Banking Jakarta National
KBMI 4 Bank in Satisfaction, Loyalty, 2025
Engagement 2025
The 8th Infobank Satisfaction, Loyalty,
February 04,
4. and Engagement 2025: The Best KBMI Infobank Banking Jakarta National
2025
4 Bank in Customer Engagement
The 8th Infobank Satisfaction, Loyalty,
and Engagement 2025: The Best February 04,
5. Infobank Banking Jakarta National
KBMI 4 Bank in Marketing Customer 2025
Engagement
The 8th Infobank Satisfaction, Loyalty,
February 04,
6. and Engagement 2025: The Best KBMI Infobank Banking Jakarta National
2025
4 Bank in Customer Centricity Index
The 8th Infobank Satisfaction, Loyalty,
February 04,
7. and Engagement 2025: The Best KBMI Infobank Banking Jakarta National
2025
4 Bank in Customer Resilience Level
The 8th Infobank Satisfaction, Loyalty,
February 04,
8. and Engagement 2025: The Best KBMI Infobank Banking Jakarta National
2025
4 Bank in Brand Interactivity Index
The 8th Infobank Satisfaction, Loyalty,
and Engagement 2025: The Most February 04,
9. Infobank Banking Jakarta National
Satisfying KBMI 4 Bank in Mobile 2025
Banking
The 8th Infobank Satisfaction, Loyalty,
February 04,
10. and Engagement 2025: The 2nd Best Infobank Banking Jakarta National
2025
KBMI 4 Bank in Customer Loyalty
The 8th Infobank Satisfaction, Loyalty,
February 04,
11. and Engagement 2025: The 2nd Best Infobank Banking Jakarta National
2025
KBMI 4 Bank in Net Promoter Score
The 8th Infobank Satisfaction, Loyalty,
February 04,
12. and Engagement 2025: The 2nd Most Infobank Banking Jakarta National
2025
Satisfying KBMI 4 Bank in ATM Service
The 8th Infobank Satisfaction, Loyalty,
February 04,
13. and Engagement 2025: The 2nd Most Infobank Banking Jakarta National
2025
Satisfying KBMI 4 Bank in Services
The 8th Infobank Satisfaction, Loyalty,
February 04,
14. and Engagement 2025: The 3rd Best Infobank Banking Jakarta National
2025
KBMI 4 Bank in Customer Satisfaction
The 8th Infobank Satisfaction, Loyalty,
and Engagement 2025: The 3rd Most February 04,
15. Infobank Banking Jakarta National
Satisfying KBMI 4 Bank in Customer 2025
Service
210 PT Bank Rakyat Indonesia (Persero) Tbk
Page 211
Annual Report
2025
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
The 8th Infobank Satisfaction, Loyalty,
February 04,
16. and Engagement 2025: The 3rd Most Infobank Banking Jakarta National
2025
Satisfying KBMI 4 Bank in Teller Service
Anugerah Avirama Nawasena SBM
ITB 2024: Peraih Anugerah Avirama February 05,
17. SBM ITB ESG Jakarta National
Nawasena Kategori Organisation and 2025
Work Culture for DEI Practices
Anugerah Avirama Nawasena SBM
ITB 2024: Peraih Anugerah Avirama February 05,
18. SBM ITB ESG Jakarta National
Nawasena Kategori Organisation and 2025
Work Culture for DEI Practices
Indonesia Best Digital Awards 2025
in Conventional Bank for Omnichannel
February 18,
19. Strategy Implementation and JAKTV Banking Jakarta National
2025
Sustainable Business Model:
Category Conventional Bank
Best Stock Awards 2025: Winner of the February 25,
20. Investor Trust Banking Jakarta National
Big Caps Financial Sector Category 2025
Best Stock Awards 2025: Winner in the February 26,
21. Investor Trust Banking Jakarta National
SOE & SOE Subsidiaries Category 2025
The 10th PR Indonesia Awards (PRIA)
February 26,
22. 2025: Most Popular Company in Online PR Indonesia Public Relation Bandung National
2025
Media and Social Media
The 10th PR Indonesia Awards (PRIA)
February 26,
23. 2025: Silver Award in the Corporate PR PR Indonesia Public Relation Bandung National
2025
– Social Media (LinkedIn) Category
The 10th PR Indonesia Awards (PRIA)
February 26,
24. 2025: Silver Award in the Corporate PR PR Indonesia Public Relation Bandung National
2025
– Social Media (YouTube) Category
The 10th PR Indonesia Awards (PRIA)
February 26,
25. 2025: Bronze Award in the Corporate PR Indonesia Public Relation Bandung National
2025
Website Category
World's Best Companies of 2025 - February 13,
26. TIME & Statista Banking United States International
Asia/Pacific #126 2025
Retail Banker International (RBI)
March 13, Retail Banker
27. Trailblazer Asia Awards 2025: Banking Singapura International
2025 International (RBI)
Best Retail Bank – Indonesia
Retail Banker International (RBI)
March 13, Retail Banker
28. Trailblazer Asia Awards 2025: Banking Singapura International
2025 International (RBI)
SME Bank of the Year
Retail Banker International (RBI)
Trailblazer Asia Awards 2025: March 13, Retail Banker
29. Banking Singapura International
Best CSR Initiative – Contribution 2025 International (RBI)
to Local Community
Retail Banker International (RBI)
March 13, Retail Banker
30. Trailblazer Asia Awards 2025: Banking Singapura International
2025 International (RBI)
Excellence in Employee Engagement
Retail Banker International (RBI)
March 13, Retail Banker
31. Trailblazer Asia Awards 2025: Banking Singapura International
2025 International (RBI)
Best Current Account Offering
Brand Finance Global 500 2025:
March 17,
32. Ranked 323rd out of 500 & No. 1 Brand Finance Banking Singapura International
2025
in Indonesia
South East Asia Best Advisers - March 19,
33. The Asset Banking Hong Kong International
Best Issuer for Sustainable Finance 2025
PT Bank Rakyat Indonesia (Persero) Tbk 211
Page 212
Company Profile
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
South East Asia Best Deals - Best Social March 19,
34. The Asset Banking Hong Kong International
Loan (US$ 800 juta) 2025
March 19,
35. INTERNET BANKING APPLICATION Investor Trust Banking Hong Kong National
2025
March 19,
36. Bank ATMs Banking Hong Kong National
2025
March 19,
37. Commercial Bank Banking Hong Kong National
2025
March 19,
38. E-Money Card Banking Hong Kong National
2025
March 19,
39. Credit Card Banking Hong Kong National
2025
March 19,
40. Wealth Management Institution Banking Hong Kong National
2025
March 19,
41. Mobile Banking App Banking Hong Kong National
2025
CORPORATE BANKING PRODUCTS March 19,
42. Banking Hong Kong National
AND SERVICES 2025
March 19,
43. BANK MORTGAGE LOAN PRODUCTS Banking Hong Kong National
2025
BANK SME BANKING PRODUCTS March 19,
44. Banking Hong Kong National
AND SOLUTION 2025
March 19,
45. CONVENTIONAL BANK ACCOUNTS Banking Hong Kong National
2025
March 19,
46. SMS Banking Banking Hong Kong National
2025
14th Infobank Digital Brand Appreciation March 20, Infobank Media
47. Banking Jakarta National
2025: Conventional Commercial Bank 2025 Group
14th Infobank Digital Brand Appreciation
March 20, Infobank Media
48. 2025: Mobile Banking – Conventional Banking Jakarta National
2025 Group
Bank Category
14th Infobank Digital Brand Appreciation
March 20, Infobank Media
49. 2025: General Savings – Conventional Banking Jakarta National
2025 Group
Bank Category
14th Infobank Digital Brand Appreciation
March 20, Infobank Media
50. 2025: Mortgage Loans – Conventional Banking Jakarta National
2025 Group
Comme
14th Infobank Digital Brand Appreciation
March 20, Infobank Media
51. 2025: Debit Card – Conventional Banking Jakarta National
2025 Group
Commercial Bank Category
14th Infobank Digital Brand Appreciation
March 20, Infobank Media
52. 2025: Credit Card – Conventional Banking Jakarta National
2025 Group
Commercial Bank Category
14th Infobank Digital Brand Appreciation
March 20, Infobank Media
53. 2025: Time Deposit – Conventional Banking Jakarta National
2025 Group
Commercial Bank Category
14th 14th Infobank Digital Brand
Appreciation 2025: Wealth March 20, Infobank Media
54. Banking Jakarta National
Management – Conventional 2025 Group
Commercial Bank Category
14th Infobank Digital Brand Appreciation March 20, Infobank Media
55. Banking Jakarta National
2025: E-Money Bank 2025 Group
14th Infobank Digital Brand Appreciation March 20, Infobank Media
56. Banking Jakarta National
2025: Kategori Mobile Banking 2025 Group
212 PT Bank Rakyat Indonesia (Persero) Tbk
Page 213
Annual Report
2025
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
14th Infobank Digital Brand Appreciation March 20, Infobank Media
57. Banking Jakarta National
2025: Internet Banking Category 2025 Group
14th Infobank Digital Brand Appreciation March 20, Infobank Media
58. Banking Jakarta National
2025: Prepaid Category 2025 Group
Euromoney Private Banking Awards
March 27,
59. 2025: Indonesia's Best for Disrectionary Euromoney Banking London International
2025
Portofolio Management
Investor Trust The Best Corporate
Emission Reduction Transparency
Awards 2025 - Best of The Best
60. Public Company with Trusted Green April 29, 2025 Investor Trust ESG Jakarta National
Achievement in Emission Reduction
and Trusted Diamond Achievement
in Emission Transparency
Mata Lokal Fest 2025 – Indonesia’s
61. May 08, 2025 Tribunnews Banking Jakarta National
Local Heroes Award
Indonesia Regulatory Compliance
Awards 2025 “Best Enterprise
62. May 09, 2025 Hukum Online Banking Jakarta National
in Regulatory Compliance”
with the Sapphire Predicate
Best FX Bank for Structured Products:
Alpha Southeast
63. Treasury Yield Enhancements: May 12, 2025 Banking Hong Kong International
Asia
Bank Rakyat Indonesia
Best in Treasury and Working Capital
64. May 21, 2025 The Asset Banking Hong Kong International
– SMEs
Best Service Provider – Transaction
65. May 21, 2025 The Asset Banking Hong Kong International
Bank
66. Best Service Provider – Trade Finance May 21, 2025 The Asset Banking Hong Kong International
Jakarta Marketing Week 2025 -
67. May 23, 2025 Markplus Inc Banking Jakarta National
Dewi BUMN Farida Thamrin
Jakarta Marketing Week 2025 -
68. May 23, 2025 Markplus Inc Banking Jakarta National
Dewi BUMN Nancy Adistyasari
Jakarta Marketing Week 2025 -
69. Dewi BUMN Viviana Dyah Ayu Retno May 23, 2025 Markplus Inc Banking Jakarta National
Kumalasari
First Step AI-Driven testing: MIKA Forum Komunikasi
70. (Multifunction Intelligent Knowledge May 27, 2025 Direktur Operasional Banking Jakarta National
Assistant) (DIAMOND) Perbankan (FKDOP)
Forum Komunikasi
"All-in-One APP": The Future of cash
71. May 27, 2025 Direktur Operasional Banking Jakarta National
Operation (GOLD)
Perbankan (FKDOP)
Forum Komunikasi
Self-Optimizing Reconciliation: The
72. May 27, 2025 Direktur Operasional Banking Jakarta National
Future of Smart Operations! (GOLD)
Perbankan (FKDOP)
Forum Komunikasi
Digitalisasi Penerbitan Bank Garansi
73. May 27, 2025 Direktur Operasional Banking Jakarta National
Segmen Wholesale (GOLD)
Perbankan (FKDOP)
Forum Komunikasi
ALENA: AI for Loan Expression Analysis
74. May 27, 2025 Direktur Operasional Banking Jakarta National
(GOLD)
Perbankan (FKDOP)
Forum Komunikasi
75. Biometric Varification (GOLD) May 27, 2025 Direktur Operasional Banking Jakarta National
Perbankan (FKDOP)
Forum Komunikasi
Automatic Card Production
76. May 27, 2025 Direktur Operasional Banking Jakarta National
Management (GOLD)
Perbankan (FKDOP)
PT Bank Rakyat Indonesia (Persero) Tbk 213
Page 214
Company Profile
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
Cash Management Revolution: Adapting Forum Komunikasi
77. Centralized Operating Model and It May 27, 2025 Direktur Operasional Banking Jakarta National
Solution For Cash Optimization (GOLD) Perbankan (FKDOP)
Never Run Out nor Excessive of Cards Forum Komunikasi
78. Again: Smart Cards Stock Management! May 27, 2025 Direktur Operasional Banking Jakarta National
(GOLD) Perbankan (FKDOP)
Forum Komunikasi
Elevating Technology Through
79. May 27, 2025 Direktur Operasional Banking Jakarta National
Our Customer Needs (SILVER)
Perbankan (FKDOP)
Forum Komunikasi
Behavioral Insight & Monitoring
80. May 27, 2025 Direktur Operasional Banking Jakarta National
for Navigating Achievement (SILVER)
Perbankan (FKDOP)
81. 20 Top Companies to Watch in 2025 June 05, 2025 Bloomberg Technoz Banking Jakarta National
Global Brands
82. Best Private Bank-Indonesia June 04, 2025 Banking Singapura International
Magazine
Forbes 2025 Global 2000 List - BRI
83. SebagaiThe World’s Largest Companies June 12, 2025 Forbes Produk/Brand United States International
Ranked 349
Best Mobile Banking Brand, Indonesia Global Brands
84. June 13, 2025 Banking Dubai International
2025 Magazine
FinanceAsia Awards 2025 - Best Bank
85. June 17, 2025 FinanceAsia Banking Hong Kong International
(Highly Commended)
FinanceAsia Awards 2025 - Best
86. June 17, 2025 FinanceAsia Banking Hong Kong International
Commercial Bank – SMEs (Winner)
FinanceAsia Awards 2025 - Best Bank
87. June 17, 2025 FinanceAsia Banking Hong Kong International
for Financial Inclusion (Winner)
FinanceAsia Awards 2025 - Best Private
88. June 17, 2025 FinanceAsia Banking Hong Kong International
Bank (Winner)
FinanceAsia Awards 2025 - Best
89. June 17, 2025 FinanceAsia Banking Hong Kong International
Custodian Bank (Winner)
FinanceAsia Asia’s Best Companies
90. June 17, 2025 FinanceAsia Banking Hong Kong International
2025 - Best Managed Company (Gold)
FinanceAsia Asia’s Best Companies
91. June 17, 2025 FinanceAsia Banking Hong Kong International
2025 - Best Investor Relations (Gold)
FinanceAsia Asia’s Best Companies
92. 2025 - Best Managed – Financials June 17, 2025 FinanceAsia Banking Hong Kong International
(Gold) – Industry Categories
FinanceAsia Asia’s Best Companies
93. June 17, 2025 FinanceAsia Banking Hong Kong International
2025 - Most Commited to ESG (Silver)
FinanceAsia Asia’s Best Companies
94. 2025 - Best Large-Cap Company June 17, 2025 FinanceAsia Banking Hong Kong International
(Silver)
FinanceAsia Asia’s Best Companies
95. 2025 - Best CFO – Viviana Dyah Ayu June 17, 2025 FinanceAsia Banking Hong Kong International
(Silver)
FinanceAsia Asia’s Best Companies
96. June 17, 2025 FinanceAsia Banking Hong Kong International
2025 - Best DEI – (Silver)
FinanceAsia Asia’s Best Companies
97. June 17, 2025 FinanceAsia Banking Hong Kong International
2025 - Best Use of Technology (Silver)
Indonesia DEI & ESG Awards 2025 –
98. ESG Category, Governance June 19, 2025 PR Indonesia Public Relation Jakarta National
Sub-Category
99. Fortune Southeast Asia 500 June 19, 2025 Fortune Banking Jakarta International
The Best Conventional Bank in Service
100. Excellence for 15 Consecutive Years June 24, 2025 Infobank Banking Jakarta National
(2010–2024)
214 PT Bank Rakyat Indonesia (Persero) Tbk
Page 215
Annual Report
2025
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
The Best Conventional Bank in Digital
101. Channel Excellence for five consecutive June 24, 2025 Infobank Banking Jakarta National
years (2020–2024)
The Best Conventional Bank in Service
102. June 24, 2025 Infobank Banking Jakarta National
Excellence – Digital Channel
The Best Conventional Bank
103. June 24, 2025 Infobank Banking Jakarta National
in Excellence E-mail Service
The Best Conventional Bank
104. June 24, 2025 Infobank Banking Jakarta National
in Excellence Live Chat Service
The 2nd Best Conventional Bank
105. June 24, 2025 Infobank Banking Jakarta National
in Service Excellence
The 2nd Best Conventional Bank
106. June 24, 2025 Infobank Banking Jakarta National
in Service Excellence – Contact Center
The 2nd Best Conventional Bank
107. June 24, 2025 Infobank Banking Jakarta National
in Excellence Digital Branch
The 2nd Best Conventional Bank
108. June 24, 2025 Infobank Banking Jakarta National
in Excellence Chatbot
The 2nd Best Conventional Bank
109. June 24, 2025 Infobank Banking Jakarta National
in Excellence Call Center
The 2nd Best Conventional Bank
110. June 24, 2025 Infobank Banking Jakarta National
in Excellence Social Media
Brand Finance Sustainability
111. June 25, 2025 Brand Finance Banking London International
Perceptions Index 2024
Best Bank Awards 2025 -
112. June 25, 2025 Investor Trust Banking Jakarta National
KBMI IV Category
Best FX Bank for Hedging Requirements
(Corporates & Financial Institutions) Alpha Southeast
113. June 30, 2025 Banking Hong Kong International
Cross Currency Swap (CCS), Interest Asia 2025
Rate Swap (IRS), Forward, dan Options;
Best FX Bank for Structured Products
Alpha Southeast
114. with a Focus on Treasury Yield June 30, 2025 Banking Hong Kong International
Asia 2025
Enhancements.
International CSR Excellence Awards The Green
115. June 30, 2025 Banking London International
2025 Organisation
116. Top 1000 World Banks 2025 July 02, 2025 The Banker Banking London International
Asian Banking & Finance Wholesale
Banking Awards 2025 - Indonesia Asian Banking
117. July 03, 2025 Banking Singapore International
Domestic Foreign Exchange Bank Finance
of the Year
Asian Banking & Finance Wholesale
Banking Awards 2025 - Indonesia Asian Banking
118. July 03, 2025 Banking Singapore International
Domestic Green Financing Bank Finance
of the Year
IDX Channel Anugerah ESG 2025 –
Special Award for the Financial Services
IDX Channel
119. Sector: BRI’s Sustainable Finance July 04, 2025 ESG Jakarta National
Anugerah ESG 2025
Initiative for Empowering Indonesian
MSMEs
Procurement Appreciation Award to
PT Bank Rakyat Indonesia (Persero)
Tbk – 3rd Rank – State-Owned
Enterprises with the Largest
120. July 07, 2025 PaDi UMKM Banking Jakarta National
Procurement Value in the Central Java,
DI Yogyakarta, East Java, Bali, NTT, and
NTB Regions – Business Matching Road
to PaDi MSMEs
PT Bank Rakyat Indonesia (Persero) Tbk 215
Page 216
Company Profile
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
Procurement Appreciation Award to
PT Bank Rakyat Indonesia (Persero)
Tbk – 3rd Place – State-Owned
121. Enterprises with the Largest July 07, 2025 PaDi UMKM Banking Jakarta National
Procurement Value in the Sumatra
Region – Business Matching Road
to PaDi MSMEs
Euromoney Awards
for Excellence
Best Digital Bank 2025 – Bank Rakyat
122. July 18, 2025 2025 – Banking London International
Indonesia (BRI)
Country/Territory
Winners: Indonesia
Euromoney Awards
for Excellence
Best Bank for Diversity and Inclusion
123. July 18, 2025 2025 – Banking London International
2025 – Bank Rakyat Indonesia (BRI)
Country/Territory
Winners: Indonesia
Euromoney Awards
for Excellence
Best Bank for Research 2025 – BRI
124. July 18, 2025 2025 – Banking London International
Danareksa Sekuritas
Country/Territory
Winners: Indonesia
125. Kartu Bayar Digital - Brizzi July 18, 2025 Solopos Banking Solo National
126. Mobile Banking - BRImo July 18, 2025 Solopos Banking Solo National
Innovative Business Entity in CSR Forum Pimpinan
127. Implementation and Creative Economy July 19, 2025 Redaksi Multimedia Banking Jakarta National
Development Indonesia
ASEAN Corporate
Governance
Indonesia TOP 5 Public Listed Kuala
128. July 24, 2025 Conference & Banking International
Companies (PLC) Lumpur
Awards (ASEAN
CGCA) 2025
ASEAN Corporate
Governance
ASEAN Asset Class Public Listed Kuala
129. July 24, 2025 Conference & Banking International
Companies Lumpur
Awards (ASEAN
CGCA) 2025
BusinessAsia
130. BEST Human Capital Awards 2025 July 30, 2025 Banking Jakarta National
Indonesia
KEHATI ESG Awards 2025 - Debt &
131. Project Financing Category - Best July 31, 2025 Yayasan KEHATI ESG Jakarta National
Issuer/Borrower
6th Indonesia Public Relations Summit
August 08,
132. 2025 - 50 POPULAR PR PERSON The Iconomics Public Relation Jakarta National
2025
AWARDS 2025
August 08,
133. Popular PR Persons Awards 2025 The Iconomics Public Relation Jakarta National
2025
August 14,
134. Green Economy Award Detik Banking Jakarta National
2025
KEJAR Award 2025 – Best KEJAR
August 22,
135. Implementation Bank Category among OJK Banking Jakarta National
2025
State-Owned Enterprises
SMG Economic Insight Series – August 28,
136. Solopos Banking Surakarta National
2nd Semestrial 2025 2025
August 28,
137. Digital Banking Awards 2025 Investor Trust Banking Surakarta National
2025
Indonesia Domestic Green Financing August 28,
138. Investor Trust Banking Surakarta National
Bank of the Year 2025
216 PT Bank Rakyat Indonesia (Persero) Tbk
Page 217
Annual Report
2025
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
Bank with Consistent Excellent
August 29,
139. Performance for 20 Consecutive Years Infobank Banking Jakarta National
2025
(2005–2024
Best Private Bank for HNWIs - September 05,
140. The Asset Triple A Banking Hong Kong International
Indonesia 2025
Social Pillar Winner – Environmental,
September 10,
141. Social, and Governance (ESG) Index Katadata ESG Jakarta National
2025
2025, Finance – Bank Sector Category
Indonesia's Biggest Companies September 12,
142. Fortune Indonesia Banking Jakarta National
by Total Employe 2025
Indonesia's Biggest Companies September 12,
143. Fortune Indonesia Banking Jakarta National
#1 Most Profitable Companies 2025
Indonesia's Biggest Companies September 12,
144. Fortune Indonesia Banking Jakarta National
#4 Market Capitalization 2025
Indonesia's Biggest Companies September 12,
145. Fortune Indonesia Banking Jakarta National
#4 By Asset 2025
LSEG FX Awards Indonesia 2025 September 15, LSEG (London Stock
146. Banking Jakarta National
Best State Bank 2025 Exchange Group)
The 16th IICD Corporate Governance
Conference and Award Sebagai TOP September 15,
147. IICD Banking Jakarta National
50 Emiten dengan Kapitalisasi Pasar 2025
Terbesar (BigCap PLCs)
Malam Apresiasi Emiten 2025 – Indeks September 19,
148. Tempo-IDN Times Banking Jakarta National
TEMPO-IDNFinancials 52 - Main Index 2025
Malam Apresiasi Emiten 2025 – Indeks
September 19,
149. TEMPO-IDNFinancials 52 - High Tempo-IDN Times Banking Jakarta National
2025
Dividend
Malam Apresiasi Emiten 2025 – Indeks September 19,
150. Tempo-IDN Times Banking Jakarta National
TEMPO-IDNFinancials 52 - High Growth 2025
Malam Apresiasi Emiten 2025 – Indeks
September 19,
151. TEMPO-IDNFinancials 52 - High Market Tempo-IDN Times Banking Jakarta National
2025
Cap
Anugerah Humas Indonesia (AHI) 2025
– Winner of the Most Popular Public
September 10,
152. Institution on Social Media, Humas Indonesia Public Relation Jakarta National
2025
State-Owned Enterprises (Tbk)
Sub-Category
The Excellence in Financing Creative September 16, ICA (Indonesia
153. Banking Jakarta National
Economy for Economic & Social Impact 2025 Creative Award)
1st Runner Up, The Best Contact Center September 25,
154. ICCA Indonesia Banking Jakarta National
Indonesia (TBCCI) 2025 2025
The Best Contact Center Indonesia
September 25,
155. (TBCCI) The Best Contact Center ICCA Indonesia Banking Jakarta National
2025
Operation Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
156. (TBCCI) The Best People Development ICCA Indonesia Banking Jakarta National
2025
Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
157. (TBCCI) The Best Cost Management ICCA Indonesia Banking Jakarta National
2025
Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
158. (TBCCI) The Best Employee ICCA Indonesia Banking Jakarta National
2025
Engagement Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
159. (TBCCI) The Best Quality Management ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
PT Bank Rakyat Indonesia (Persero) Tbk 217
Page 218
Company Profile
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
The Best Contact Center Indonesia
September 25,
160. (TBCCI) The Best Digital Service ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
The Best Contact Center Indonesia
September 25,
161. (TBCCI) The Best Technology ICCA Indonesia Banking Jakarta National
2025
Innovation Category, Gold Medal
The Best Contact Center Indonesia
September 25,
162. (TBCCI) The Best Customer ICCA Indonesia Banking Jakarta National
2025
Experience Category, Gold Medal
The Best Contact Center Indonesia
September 25,
163. (TBCCI) The Best Reporting Category, ICCA Indonesia Banking Jakarta National
2025
Silver Medal
The Best Contact Center Indonesia
September 25,
164. (TBCCI) The Best Performance ICCA Indonesia Banking Jakarta National
2025
Dashboard Category, Gold Medal
The Best Contact Center Indonesia
September 25,
165. (TBCCI) The Best Data Analytic ICCA Indonesia Banking Jakarta National
2025
Category, Silver Medal
The Best Contact Center Indonesia
September 25,
166. (TBCCI) The Best Telesales Category, ICCA Indonesia Banking Jakarta National
2025
Silver Medal
The Best Contact Center Indonesia September 25,
167. ICCA Indonesia Banking Jakarta National
(TBCCI) MLBB Category, Gold Medal 2025
The Best Contact Center Indonesia
September 25,
168. (TBCCI) Best of Best Trainer Category, ICCA Indonesia Banking Jakarta National
2025
Platinum Medal
The Best Contact Center Indonesia
September 25,
169. (TBCCI) Best of Best Quality ICCA Indonesia Banking Jakarta National
2025
Assurance Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
170. (TBCCI) Best of Best Agent ICCA Indonesia Banking Jakarta National
2025
Premium Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
171. (TBCCI) The Best Agent Digital Social ICCA Indonesia Banking Jakarta National
2025
Media Large Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
172. (TBCCI) The Best Team Leader Inbound ICCA Indonesia Banking Jakarta National
2025
Large Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
173. (TBCCI) The Best Team Leader Inbound ICCA Indonesia Banking Jakarta National
2025
Large Category, Platinum Medal
The Best Contact Center Indonesia
September 25,
174. (TBCCI) The Best Trainer Category, ICCA Indonesia Banking Jakarta National
2025
Platinum Medal
The Best Contact Center Indonesia
September 25,
175. (TBCCI) The Best Agent Inbound Large ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
The Best Contact Center Indonesia
September 25,
176. (TBCCI) The Best Agent Inbound Large ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
The Best Contact Center Indonesia
September 25,
177. (TBCCI) The Best Agent Premium ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
The Best Contact Center Indonesia
September 25,
178. (TBCCI) The Best Agent Digital ICCA Indonesia Banking Jakarta National
2025
Chat Large Category, Gold Medal
218 PT Bank Rakyat Indonesia (Persero) Tbk
Page 219
Annual Report
2025
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
The Best Contact Center Indonesia
September 25,
179. (TBCCI) The Best Quality Assurance ICCA Indonesia Banking Jakarta National
2025
Large Category, Gold Medal
The Best Contact Center Indonesia
September 25,
180. (TBCCI) Team Leader Outbound ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
The Best Contact Center Indonesia
September 25,
181. (TBCCI) The Best Team Leader Inbound ICCA Indonesia Banking Jakarta National
2025
Large Category, Gold Medal
The Best Contact Center Indonesia
September 25,
182. (TBCCI) BTB TL Customer Service ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
The Best Contact Center Indonesia
September 25,
183. (TBCCI) The Best Cust Service ICCA Indonesia Banking Jakarta National
2025
Video Category, Gold Medal
The Best Contact Center Indonesia
September 25,
184. (TBCCI) The Best Agent English ICCA Indonesia Banking Jakarta National
2025
Category, Gold Medal
The Best Contact Center Indonesia
September 25,
185. (TBCCI) The Best Agent Digital Email ICCA Indonesia Banking Jakarta National
2025
Category, Silver Medal
The Best Contact Center Indonesia
September 25,
186. (TBCCI) The Best Agent Digital Chat ICCA Indonesia Banking Jakarta National
2025
Large Category, Silver Medal
The Best Contact Center Indonesia
September 25,
187. (TBCCI) The Best Quality Assurance ICCA Indonesia Banking Jakarta National
2025
Digital Category, Silver Med
The Best Contact Center Indonesia
September 25,
188. (TBCCI) The Best Back Office ICCA Indonesia Banking Jakarta National
2025
2nd Tier Category, Silver Medal
The Best Contact Center Indonesia
September 25,
189. (TBCCI) The Best Customer Service ICCA Indonesia Banking Jakarta National
2025
On Site Category, Silver Medal
The Best Contact Center Indonesia
September 25,
190. (TBCCI) The Best Telemarketing ICCA Indonesia Banking Jakarta National
2025
Category, Silver Meda
The Best Contact Center Indonesia
September 25,
191. (TBCCI) The Best Team Leader Digital ICCA Indonesia Banking Jakarta National
2025
Category, Silver Medal
The Best Contact Center Indonesia
(TBCCI) The Best Agent Digital September 25,
192. ICCA Indonesia Banking Jakarta National
Social Media Large Category, 2025
Bronze Medal
The Best Contact Center Indonesia
September 25,
193. (TBCCI) The Best Agent Premium ICCA Indonesia Banking Jakarta National
2025
Category, Bronze Medal
The Best Contact Center Indonesia
September 25,
194. (TBCCI) The Best Desk Control ICCA Indonesia Banking Jakarta National
2025
Category, Bronze Medal
The Best Contact Center Indonesia
September 25,
195. (TBCCI) BTB Back Office Category, ICCA Indonesia Banking Jakarta National
2025
Bronze Medal
The Best Contact Center Indonesia
September 25,
196. (TBCCI) The Best Team Leader Cust ICCA Indonesia Banking Jakarta National
2025
Service Category, Bronze Medal
The Best Contact Center Indonesia
September 25,
197. (TBCCI) The Best Trainer Category, ICCA Indonesia Banking Jakarta National
2025
Bronze Medal
PT Bank Rakyat Indonesia (Persero) Tbk 219
Page 220
Company Profile
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
Titanium Champion as a State-Owned
October 02,
198. Enterprise with Excellent Performance Infobank Banking Jakarta National
2025
for 15 consecutive years (2010–2024)
THE ASIANPOST BEST STATE-OWNED
October 02,
199. ENTERPRISE 2025” Infobank Banking Jakarta National
2025
(2023-2024 Performance)
Indonesia In-House Counsel Summit
& Awards 2025 - Indonesia Most October 03,
200. Hukumonline Banking Jakarta National
Innovative In-House Counsel Team 2025
2025
PaDi MSMEs Hybrid Expo & Conference
Award 2025 – RO MND Manado –
PT Bank Rakyat Indonesia (Persero) October 06,
201. PaDi UMKM Banking Jakarta National
Tbk – 3rd Place, Type A State-Owned 2025
Enterprises – Buyer Group with the
Highest Transaction Volume
Qlola by BRI – Best Award in the
Financial Sector, Product and Business October 10,
202. IDX Channel Banking Jakarta National
Model Category – IDX Channel 2025
Indonesia Innovation Awards
October 14,
203. AWS Cloud Quest Competition AWS Banking Jakarta National
2025
October 15,
204. Excellence in Integrated Marketing Marketing Interactive Banking Jakarta National
2025
Anugerah Perempuan Hebat
(Great Women Award) 2025 –
October 16,
205. An award for six Indonesian women Liputan 6 Banking Jakarta National
2025
whose concrete actions have had
a positive impact on many people.
Inspirational Award 2025 –
An appreciation for individuals
October 16,
206. or institutions with outstanding Liputan 6 Banking Jakarta National
2025
achievements and tangible
contributions to society.
ICCS Summit 2025 – Communications
October 22, ICCS 2025 -
207. Category, 3rd Place for Internal Communications Jakarta National
2025 Kementerian BUMN
Communications
PRIMA Award Diamond Award - October 23, PT Rintis Sejahtera
208. Banking Denpasar National
Best Acquiring Bank (All features) 2025 (RINTIS) - Infobank
PRIMA Award Diamond Award - October 23, PT Rintis Sejahtera
209. Banking Denpasar National
Best Issuing Bank (All features) 2025 (RINTIS) - Infobank
PRIMA Award Diamond Award - The October 23, PT Rintis Sejahtera
210. Banking Denpasar National
Highest Transaction in Digital Channel 2025 (RINTIS) - Infobank
PRIMA Award Best Acquiring - October 23, PT Rintis Sejahtera
211. Banking Denpasar National
Digital Payment Channel 2025 (RINTIS) - Infobank
PRIMA Award Best Issuing - October 23, PT Rintis Sejahtera
212. Banking Denpasar National
Digital Payment Channel 2025 (RINTIS) - Infobank
PRIMA Award Diamond Award - October 23, PT Rintis Sejahtera
213. Banking Denpasar National
Best Acquiring Bank (ATM) 2025 (RINTIS) - Infobank
PRIMA Award Diamond Award - October 23, PT Rintis Sejahtera
214. Banking Denpasar National
Best Issuing Bank (ATM) 2025 (RINTIS) - Infobank
Community Empowerment category:
October 16,
215. “Dedication and Contribution to KemenkoPM Banking Jakarta National
2025
Community Empowerment
Platinum - Asia’s Best Sustainability October 24,
216. CSRWorks (ASRA) ESG Singapore International
Report (Public Sector) 2025
220 PT Bank Rakyat Indonesia (Persero) Tbk
Page 221
Annual Report
2025
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
Platinum - Asia’s Best Sustainability October 24,
217. CSRWorks (ASRA) ESG Singapore International
Report (CEO Letter) 2025
October 24,
218. Gold - Asia’s Best Materiality Reporting CSRWorks (ASRA) ESG Singapore International
2025
tvOne Innovation for National
October 27,
219. Development Awards 2025 – Integrated tvOne Banking Jakarta National
2025
People’s Economic Development
The Finance Golden Star Award 2025
– As a Company that Successfully
October 28,
220. Achieved the Top 20 Financial Infobank Banking Jakarta National
2025
Institution Award for Five Consecutive
Years
Top 20 Financial Institution 2025, Bank
October 28,
221. Category with Assets Above IDR 500 Infobank Banking Jakarta National
2025
Trillion with the predicate “Excellent.”
The Finance Best CFO 2025, awarded
October 28,
222. to Mrs. Viviana Dyah Ayu Retno K. Infobank Banking Jakarta National
2025
as Best CFO 2025 in the Bank Category
The Most Empowering Company
for MSMEs in Business Growth October 29, Goodmoney.id
223. Banking Jakarta National
Sustainability and Strengthening 2025 dan IPEMI
Socio-Economic Resilience
AI Impact Leader Award and Best Team October 29,
224. Dataiku Banking Jakarta National
Showcase 2025
Best Bank Supporting National
October 31,
225. Development and the Asta Cita Goals CNN Indonesia Banking Jakarta National
2025
at the CNN Indonesia Awards 2025
Bank Indonesia
November 01,
226. 2nd Place BI–OJK Hackathon 2025 & Otoritas Jasa Banking Jakarta National
2025
Keuangan
RI’s Participation in the Preservation
and Safeguarding of Archives with
Value for National Accountability for Arsip Nasional
November 05,
227. the Life of Society, Nation, and State, Republik Indonesia Banking Jakarta National
2025
at the State-Owned Enterprises Static (ANRI)
Archives Coordination Meeting held at
the Noerhadi Magetsari Building, ANRI
Top CEO in SDGs Changemaker for
Internalization of Sustainability Values November 10,
228. PlusIdea-Netralnews Banking Jakarta National
and Broader Program Scalability - 2025
Hery Gunardi
Indonesia Sustainable Synergy Awards
2025 for Recovery of Ecological November 10,
229. PlusIdea-Netralnews Banking Jakarta National
Functions and Livelihoods Improvement 2025
Programs
Top SDGs Visionary Leader in Green
November 10,
230. Orientation Visibility and Encouraging PlusIdea-Netralnews Banking Jakarta National
2025
Social Welfare Programs
Contact Center Asia Pacific Awards Contact Center
November 10,
231. 2025, Kategori Business Contribution, Association of Asia Banking Hong Kong International
2025
Platinum Medal Pacific (CC-APAC)
BGK Foundation Indonesia ESG
Leadership Awards 2025 - Leadership November 12,
232. BGK Foundation ESG Jakarta National
AAA - Indonesia's Leader in ESG 2025
Transparency
Bank with the Best Deposit Quality
(Crossover) 2025 in the Regional Office November 16,
233. Bank Indonesia Banking Surabaya National
of Bank Indonesia (KPwBI) East Java 2025
Province
PT Bank Rakyat Indonesia (Persero) Tbk 221
Page 222
Company Profile
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
Most Active Bank in UPAL Reporting
November 16,
234. 2025 – Bank Indonesia Regional Office Bank Indonesia Banking Surabaya National
2025
(KPwBI) East Java Province
Financial Sector Mover Award for the
November 20,
235. Successful Initiative of the Ultra Micro Inews Media Group Banking Jakarta National
2025
Holding (UMi)
The 15th IICD Corporate Governance
Conference and Award – BRI as one
November 25,
236. of the Top 50 Public Listed Companies IICD Banking Jakarta National
2025
with the Largest Market Capitalization
(BigCap PLCs).
The Indonesian
Institute for
Most Trusted Company based on
November 25, Corporate
237. Corporate Governance Perception Banking Jakarta National
2025 Governance (IICG)
Index (CGPI)
dan SWA Media
Group
Bank Contributor to People’s Economic November 25,
238. Detik Awards Banking Jakarta National
Empowerment 2025
BUMN Banking Financials Sector November 27,
239. CSA Awards Banking Jakarta National
on the Main Board 2025
Global Corporate
Global Corporate Sustainability Awards November 26, Sustainability
240. Banking Taiwan International
(GCSA) 2025 2025 Awards (GCSA)
2025
Bank with the Best Cash Services November 28,
241. Bank Indonesia Banking Surabaya National
in East Java Province in 2025 2025
Best Bank Supporting the Development
November 28, Bank Indonesia
242. of the Rupiah Money Market (Repo Banking Jakarta National
2025 Award
Awards)
Best Bank as a Policy Transmission
November 28, Bank Indonesia
243. Partner in Achieving Rupiah Monetary Banking Jakarta National
2025 Award
Operations Targets
National Center
Asia Sustainability Reporting Rating November 28,
244. Corporate Reporting ESG Denpasar International
(ASSRAT) 2025
(NCCR)
Global Corporate Sustainability November 28,
245. GCSA ESG Taipei International
Awardds (GCSA) 2025
International CSR Excellence Awards November 28,
246. GCSA ESG Taipei International
2025 2025
December 03,
247. Bank of The Year Award 2025 The Banker Banking London International
2025
BRI President Director Hery Gunardi December 08,
248. Infobank Banking Jakarta National
as CEO of the Year 2025 2025
BRI Operations Director Hakim December 08,
249. Infobank Banking Jakarta National
Putratama as The Next Future Leader 2025
BRI Consumer Banking Director Nancy
December 08,
250. Adistyasari Named as Next Future Infobank Banking Jakarta National
2025
Leader
BRI Commercial Banking Director
December 08,
251.. Alexander Dippo Paris Named Infobank Banking Jakarta National
2025
as The Next Future Leader
BRI SEVP of Internal Audit Yulianto
December 08,
252. Setiawan Named as The Next Future Infobank Banking Jakarta National
2025
Leader
BRI President Director Hery Gunardi
December 08,
253. Named as National Sharia Finance Bisnis Indonesia Banking Jakarta National
2025
Transformation Leader
222 PT Bank Rakyat Indonesia (Persero) Tbk
Page 223
Annual Report
2025
Place of
Awarding
No. Award Date
Institution
Category Implemen- Level
tation
1st Place – Best Execution Auction Seller
December 08,
254. Category I at the Reksa Bandha Awards Bisnis Indonesia Banking Jakarta National
2025
2025
CNBC Indonesia Awards 2025 - Best
December 11,
255. Transformation Transformational CNBC Banking Jakarta National
2025
Leader in 2025
CNBC Indonesia Awards 2025 - Best
December 11,
256. Digital Transformation and Innovation CNBC Banking Jakarta National
2025
Impact Award
CNBC Indonesia Awards 2025
December 11,
257. - Best Contribution to Economic CNBC Banking Jakarta National
2025
Empowerment Award
1st Place – Best Execution Auction Seller Dirjen Kekayaan
December 18,
258. Category I at the Reksa Bandha Awards Negara Kementerian Banking Jakarta National
2025
2025 Keuangan
Certification
BRI Certification Table
Receipt
No. Certification Name Certification Issuer Certification Period
Date
Group
ISO 9001:2015 Quality
BSI (Internasional) with December 11, 2024 until December 11,
1 Management System Digital Risk
Certificate Number FS 817856 December 10, 2027 2024
Certification
ISO 22301:2019 Business
Continuity Management February 29, 2024 until February 29,
2 British Standar Institute (BSI) Operational Risk
System (BCMS) February 28, 2027 2024
Certification
ISO 9001:2015 Quality KAN (Regional) & ANAB Enterprise Data
December 4, until December 4,
3 Management System (Internasional) with Certificate Managemnet &
November 29, 2027 2024
Certification Number 755835 Analytics
ISO 27001:2022 Information KAN (Regional) & ANAB Enterprise Data
January 17, 2023 until January 17,
4 Security Management (Internasional) with Certificate Managemnet &
December 13, 2027 2023
System Certification Number IS 702633 Analytics
IT Application
ISO 9001:2015 Quality Development
BSI (Internasional) with December 21, 2023 until December 12,
5 Management System Group & IT
Certificate Number FS 738059 December 20, 2026 2025
Certification Application
Support Group
ISO 9001:2015 Quality IT DC
BSI (Internasional) with February 6, 2024 until December 21,
6 Management System Infrastructure &
Certificate Numbert FS 738151 February 5, 2027 2025
Certification Operations Griup
ISO/IEC 27001:2022
BSI (Internasional) with IT DC
Information Security November 6,
7 Certificate Number IS 833255, April until December 2026 Infrastructure &
Management System 2025
IS 837802, IS 838993 Operations Grup
Certification
ISO 55001:2014 Asset BSI (Internasional) with IT DC
June 2, 2024 until February 6,
9 Management System Certificate Number AMS Infrastructure &
May 2, 2027 2024
Certification 796481 Operations Grup
Investment
ISO 9001:2015 Quality
LRQA (Lloyd's Register Quality November 5, 2023 until November 5, Services Group -
10 Management System
Assurance) November 4, 2026 2023 Custodial Services
Certification
Department
PT Bank Rakyat Indonesia (Persero) Tbk 223
Page 224
Company Profile
Information Available
on The Website
As a public company BRI provides easy access to information to all stakeholders through the official website of Bank BRI at
www.bri.co.id which is based on OJK regulation No. 8/POJK.04/2015. The OJK regulation requires the website of the issuer
company to include information, namely:
General Information for Corporate Corporate Social
Information on Investors or Governance Responsibility
Issuers or Public Investors; Information; and Information.
Companies;
The information on the BRI website consists of:
• General information about BRI, including: History of • Information about Auctions, including: Asset Auctions,
BRI, Vision and Mission, General Issuer Information, Procurement Auctions.
Management, and Information for Investors. • Information about GCG, including: General Meeting of
• Information about savings products, including: Savings, Shareholders, Articles of Association, GCG Structure
Deposits, and BRI Giro. and Policies, Code of Ethics, ASEAN Corporate
• Information about loan products, including: Micro Loans, Governance Scorecard, Audit Committee including the
Retail Commercial and Medium Loans, and BRIGuna. Audit Committee Charter, Nomination and Remuneration
• Information about international products, including: BRI Committee, Whistleblowing System, and Shareholder
Trade Finance & Services, BRIFast Remittance, Financial Rights.
Institutions, BRI Money Changer, Overseas Offices. • The Careers section offers job opportunities for those
• Information about banking services, including: Business interested in joining as employees through BRI’s
Services, Financial Services, Institutional Services, e-recruitment menu.
E-Banking, and Treasury. • The Investor Relations section provides an overview,
• Information about consumer products, including: Credit Financial Information (including Quarterly Financial
Cards, Home Ownership Loans, and Motor Vehicle Statements), GCG, Services for Shareholders, Events,
Loans. and News.
• Information about banking investments, including: DPLK, • The subsidiary section provides general information
ORI & SR, Trustee Services, Custodian Services. about subsidiaries and links to their respective websites.
• Information about Priority Services, including: Service • In addition to the above, the BRI website also includes
Products & Privileges, Mutual Funds, BRIPrioritas Cards, Group Company Structure, Profiles of the Board of
Outlets, Customer Criteria. Commissioners and Board of Directors, media briefing,
and Information for Shareholders.
224 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
BRI’s website also meets ASEAN Corporate Governance Scorecard (ACGS)
standards which include:
Part Rights of
A. Shareholders
Part Equitable Treatment Part Disclosure &
B. of Shareholders D. Transparancy
Part Role of Part Responsibilities
C. Stakeholder E. of the Board
Overall, the BRI Website
reflects BRI’s commitment
to upholding the principles
of openness and transparency.
PT Bank Rakyat Indonesia (Persero) Tbk 225
Page 226
Management Discussion and Analysis on Bank Performance 226 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 227
Annual Report
2025
Annual Report
2025
Management
Discussion
and Analysis
on Bank
Performance
“BRI’s ability to identify opportunities amid
global economic dynamics enabled the Bank
to deliver very strong performance in 2025.
The highest CASA ratio in history at 70.6%
serves as evidence that the transformation
has been progressing in line with its intended
direction. Provisioning remained adequate,
with LaR Coverage recorded at 56.81%, while
the Bank maintained a strong capital position
with a CAR of 23.52%.”
PT Bank Rakyat Indonesia (Persero) Tbk. 227
Page 228
Management Discussion and Analysis
on Bank Performance
Economic
Review
Global Economic Analysis
Global economic performance in 2025 demonstrated stronger resilience than initially projected, despite heightened global
uncertainty arising from geopolitical risks and the import tariff policies of the United States. This improvement was particularly
evident in the second half of 2025, as reflected in the strengthening of global economic growth, which increased to 4.0% on
a Seasonally Adjusted Annualized Rate SAAR basis in December 2025, from its lowest level of 2.5% in March 2025 (Figure 1).
Figure 1. Estimated Global Economic Growth by Bloomberg (% SAAR)
4.5
After experiencing
pressure in early 2025,
4.0
4.1 growth rebounded and
strengthened.
3.7
3.7
3.3
2.9
2.7
2.5
2.7
2.1
Jan - 24
Juli - 24
Juni - 25
Juli - 25
Agst - 25
Feb - 24
Mar - 24
Apr - 24
Mei - 24
Juni - 24
Agst - 24
Sep - 24
Des - 24
Jan - 25
Feb - 25
Mar - 25
Apr - 25
Mei - 25
Sep - 25
Okt - 24
Nov - 24
Okt - 25
Nov - 25
Des - 25
Source: Bloomberg (accessed on January 30, 2026).
228 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
In line with these developments, several international Union by 100 bps to 2.15%. In addition to monetary easing,
institutions have revised their projections for global support for growth also stemmed from increased investment
economic growth in 2025. In the January 2026 edition of the in the technology sector, particularly those related to the
World Economic Outlook (WEO), the International Monetary development of artificial intelligence (AI).
Fund (IMF) revised upward its projection for global economic
growth in 2025 to 3.3%, from 2.8% in the April 2025 WEO In line with the improvement in global economic performance
report. Similarly, the Organisation for Economic Co-operation and the easing of monetary policy, global financial market
and Development (OECD) updated its 2025 global economic conditions also improved in the second half of 2025. This
growth projection to 3.2% in December 2025, higher than its development was reflected in the decline in global financial
March 2025 projection of 3.1%. market volatility, both in equity and bond markets, in line
with the downward trend of the VIX and MOVE indices. The
The improvement in global economic growth performance improvement in market sentiment was also accompanied
in 2025 was supported by several key factors. The global by a decline in credit risk, as reflected in the improvement
disinflation trend remained persistent, with global inflation of credit default swap (CDS) spreads across various
declining from 5.8% in 2024 to 4.1% in 2025, thereby countries, and supported the return of portfolio capital flows
supporting households’ real purchasing power. In line with to emerging markets, with a strengthening net inflow trend
the persistent global disinflation trend, the global monetary since mid-2025.
policy stance tended to become more accommodative, as
reflected in the lower average value of the Global Monetary Looking ahead, despite the improvement in global economic
Policy Tracker Index (GMPTI) in 2025 compared to the conditions in the second half of 2025, global economic
previous year. growth in 2026 is projected to moderate. Various international
institutions project a moderation in growth (Table 1), amid
The average GMPTI value was recorded at -5.1 throughout persistently high global uncertainty, particularly related to
2025, lower than the -3.4 average recorded in 2024, elevated geopolitical risks in the Middle East, escalating
indicating a broader monetary policy easing. Several major tensions between the United States and Venezuela, evolving
central banks reduced their policy rates throughout 2025, trade tariff policies, as well as the potential fragmentation of
including the United States by 75 basis points (bps) to 3.75%, global supply chains.
the United Kingdom by 100 bps to 3.75%, and the European
Table 1. Economic Growth Projections of Selected Countries Worldwide, 2025–2026 (%)
OECD World Bank IMF
(December 2025 (January 2026 (January 2026
2024 Projection) Projection) Projection)
Economies 2024 2023
Contribution
2026F 2025E 2026F 2025E 2026F 2025E
Global 100.0% 3.3 3.5 2.9 3.2 2.6 2.7 3.3 3.3
Advanced
47.6% 1.8 1.7 1.7 1.7 1.6 1.7 1.8 1.7
Economies
Emerging
51.2% 4.3 4.7 3.9 4.4 4.0 4.2 4.2 4.4
Economies
AS 14.8% 2.8 2.9 1.7 2.0 2.2 2.1 2.4 2.1
Euro Area 11.5% 0.9 0.4 1.2 1.3 0.9 1.4 1.3 1.4
Jepang 3.2% 0.1 1.2 0.9 1.3 0.8 1.3 0.7 1.1
China 19.3% 5.0 5.4 4.4 5.0 4.4 4.9 4.5 5.0
India 8.2% 6.5 9.2 6.2 6.7 6.5 7.2 6.4 7.3
Indonesia 2.4% 5.0 5.1 5.0 5.0 5.0 5.0 5.1 5.0
Note: Red indicates that 2026 growth was lower than 2025, green indicates that 2026 growth was higher than 2025, and black indicates that 2026 growth was the same
as 2025.
Source: OECD, World Bank, IMF (accessed January 30, 2026).
PT Bank Rakyat Indonesia (Persero) Tbk. 229
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Management Discussion and Analysis
on Bank Performance
Despite persistent global risks, several factors continue to support global economic stability. The ongoing disinflation trend has
provided room for many countries to implement more accommodative monetary policies. This condition helps maintain liquidity
and stability in financial markets. Meanwhile, domestic demand in several countries remains relatively strong.
Domectic Economic Analysis
In 2025, Indonesia’s economic growth remained robust at Furthermore, although household consumption exhibited
5.11%, slightly higher than 5.03% recorded in the previous relatively solid growth throughout 2025, its performance
year. The two main contributors to national Gross Domestic still faced challenges in terms of the quality of growth. The
Product (GDP)—household consumption and investment— strengthening of consumption has not occurred evenly
which together account for more than 80% of national and has tended to be driven primarily by middle- to upper-
GDP, continued to demonstrate relatively solid performance income groups. Meanwhile, the purchasing power of lower-
throughout 2025. Growth in household consumption and to middle-income groups remains relatively constrained and
investment in 2025 was recorded higher than in the previous has not yet fully recovered compared to the pre-pandemic
year (Figure 2), indicating that non-government domestic normal period of 2016–2018. This condition was reflected
demand remained resilient. Export performance also in the limited increase in real income, partly due to weak
remained solid and showed an upward trend, despite the job creation in low-wage sectors, thereby constraining the
persistently high level of global economic uncertainty. scope for further expansion in household consumption.
Figure 2. Indonesia’s Economic Growth and Its Expenditure Components
Indonesia’s Economic Growth (%yoy)
8.0
6.0
FY-22: 5.31 FY-23: 5.05 FY-24: 5.03 FY-25: 5.11
4.0
FY-21: 3.70
2.0
7.08 3.53 5.03 5.02 5.46 5.73 5.01 5.04 5.17 4.94 5.04 5.11 5.05 4.95 5.02 4.87 5.12 5.04 5.39
0.0
(0.69)
(2.0)
QI Q II Q III Q IV QI Q II Q III Q IV QI Q II Q III Q IV QI Q II Q III Q IV QI Q II Q III Q IV
2021 2022 2023 2024 2025
230 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Indonesia’s GDP Distribution (%)
100%
80% 30.8% 27.8% 29.1% 30.0%
29.1% 29.2% 29.1% 28.0%
60% 9.2% 10.0%
7.7% 7.5% 7.7% 5.9% 6.9% 7.2%
40%
20%
54.4% 51.9% 53.2% 54.0% 54.6% 54.2% 53.1% 53.6%
0%
2021 2022 2023 2024 TW I-2025 TW II-2025 TW III-2025 TW IV-2025
Household Consumption Government Expenditure Investment Net Exports Others
Household Government
Comsumption 2.68pp Investment 1.96pp Expenditure 0.43pp Export 0.82pp Import (0.84pp)
Full Year Full Year Full Year Full Year Full Year
FY-2024 : 4.94 FY-2024 : 4.61 FY-2024 : 6.76 FY-2024 : 6.85 FY-2024 : 8.15
FY-2025 : 4.98 FY-2025 : 5.09 FY-2025 : 2.50 FY-2025 : 7.03 FY-2025 : 4.77
10.1
9.3 9.1
7.0
6.1 7.9
4.9 5.0 4.9 5.0 4.9 5.1 5.2 5.0 5.0 12.1
5.9 10.7 11.1
5.7
4.6 4.6 4.5
2.1 3.3
3.6 4.0
0.9
(0.3)
(1.2)
Q III Q IV QI Q II Q III Q IV Q III Q IV QI Q II Q III Q IV Q III Q IV QI Q II Q III Q IV Q III Q IV QI Q II Q III Q IV Q III Q IV QI Q II Q III Q IV
2024 2025 2024 2025 2024 2025 2024 2025 2024 2025
*Numbers in the green boxes represent the contribution of each component to GDP growth in Q4-2025.
Source: Statistics Indonesia (BPS), (accessed February 5, 2026).
From the price perspective, domestic inflation throughout With inflation remaining within BI’s target range and the
2025 showed a normalization trend after experiencing Rupiah exchange rate fundamentally positioned at an
deflation in February 2025, although the level remained undervalued level, pressures on macroeconomic stability
relatively low by historical standards and remained well remain manageable. This condition provides room for Bank
under control. Indonesia’s inflation in 2025 was recorded Indonesia to adopt a more accommodative monetary policy
at 2.92% yoy, higher than the 1.57% yoy recorded in 2024, stance to support economic growth. Throughout 2025,
yet still within Bank Indonesia’s (BI) inflation target range BI reduced the BI-Rate by 125 basis points (bps), from
of 1.5%–3.5%. The relatively low inflation level by historical 6.00% to 4.75%. This monetary easing policy was aimed at
standards was mainly attributable to still-limited demand lowering financing costs, encouraging credit expansion, and
pressures, as reflected in core inflation, which remained strengthening the transmission of monetary policy to the real
below the pre-pandemic average of around 3%. Meanwhile, sector, while maintaining exchange rate and financial system
inflation in the volatile food category showed an upward stability.
trend, thus remaining a potential risk to real purchasing
power going forward. From the fiscal perspective, the government’s policy
stance in 2025 was primarily directed as an economic
From the foreign exchange perspective, the movement of the buffer. Its main focus was to safeguard purchasing power
Rupiah exchange rate throughout 2025 tended to remain under and support household consumption, particularly among
pressure, despite the weakening of the US Dollar Index. The groups experiencing income pressures. Toward the end
Real Effective Exchange Rate (REER) indicator suggests that of 2025, the government introduced additional stimulus of
the Rupiah remained undervalued relative to the currencies of around IDR48 trillion. This support was delivered through
peer countries, indicating that the exchange rate depreciation social assistance programs, labor-intensive programs, and
has occurred at a relatively deeper level from a fundamental various employment incentives. While the direct impact of
perspective. With the currency already trading below its the stimulus on growth may be limited and highly dependent
equilibrium value, the risk of further Rupiah depreciation is on the speed of its implementation, overall fiscal policy
expected to remain relatively limited, while also opening the continues to play an important role in maintaining domestic
opportunity for gradual appreciation going forward. demand and preventing a deeper slowdown.
PT Bank Rakyat Indonesia (Persero) Tbk. 231
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Management Discussion and Analysis
on Bank Performance
Furthermore, in light of these developments, Indonesia’s In 2026, Indonesia’s economic growth is projected to strengthen
economic growth projection for 2025 expected to be gradually to the range of 5.1%–5.3%. This improvement is
relatively stronger than the initial projection at the beginning supported by monetary policy easing, both globally and
of the year, supported by maintained macroeconomic domestically, as well as continued fiscal support through
stability and improving momentum in the second half of various strategic government programs. However, several risks
2025. The BRI Leading Economic Index (LEI) has also begun remain to be monitored, including elevated global uncertainty,
to show signs of recovery since August 2025, although its pressures on the purchasing power of lower- to middle-income
level remains slightly below the historical average, indicating groups, and potential volatility in financial markets. If policy
that the improvement in economic momentum is gradual and coordination remains solid and domestic demand continues to
not yet fully robust. improve, Indonesia’s economy is expected to maintain positive
growth and sustain its long-term resilience.
Indicator 2025 2024 2023 2022
Economic Growth (%) 5.11 5.03 5.05 5.31
BI-Rate (%pa) 4.75 6.00 6.00 5.50
Inflation (%yoy) 2.92 1.57 2.81 5.51
Average Exchange Rate (IDR/USD) 16.475 15.847 15.255 14.871
National Credit Growth (%) 9.69 10.46 10.38 11.35
National Third-Party Funds Growth (%) 13.83 4.48 3.73 9.01
Gross Non-Performing Loan (%) 2.05 2.08 2.19 2.44
Federal Funds Rate (%pa) 3.75 4.50 5.50 4.50
Source: Statistics Indonesia (BPS), Bank Indonesia, Financial Services Authority (OJK), CEIC.
Banking Industry Analysis
Amid persistent uncertainty in both global and domestic In 2025, credit quality also showed improvement, as
macroeconomic conditions—characterized by elevated reflected in the Non-Performing Loan (NPL) ratio, which
benchmark interest rates, particularly in the United States, stood at 2.05% in December 2025, improving from 2.08% in
and expectations that such conditions may persist longer December 2024. The NPL level also remained well below the
than previously anticipated—the Indonesian banking industry regulatory threshold of 5%.
continued to demonstrate stable and resilient performance.
Uncertainty in global macroeconomic conditions, combined
As of December 2025, total assets of the banking industry with relatively weak purchasing power—particularly in
reached IDR13,646.42 trillion, increasing by IDR1,185.46 the mass market segment—also contributed to volatility in
trillion or 9.51% year-on-year (yoy). This growth was banking liquidity conditions, especially during the first half
primarily driven by total loans, which expanded by IDR862.41 of 2025. Nevertheless, liquidity conditions improved in the
trillion, or 11.01% yoy, reaching IDR8,693.97 trillion. This second half of 2025, supported by several factors, including
growth indicates that credit demand in Indonesia remained the placement of Excess Budget Balance (Saldo Anggaran
strong despite ongoing economic and political uncertainties. Lebih/SAL) funds amounting to IDR200 trillion with Himbara
On the funding side, third-party funds also recorded solid banks, the acceleration of the government’s strategic
growth. As of December 2025, total third-party funds in programs, the provision of stimulus packages to encourage
the banking industry amounted to IDR10,057.54 trillion, economic growth and strengthen purchasing power, as well
increasing by IDR1,220.30 trillion or 13.81% yoy. This growth as Bank Indonesia’s more expansionary monetary policy,
was mainly supported by current accounts, which increased as reflected in lower interest rates and the declining yield
by IDR524.81 trillion or 19.07% yoy. of Bank Indonesia Rupiah Securities (SRBI) auctions. The
improvement in liquidity conditions was reflected in the
Loan-to-Deposit Ratio (LDR) of 85.35%, declining from
88.57% recorded in the same period of the previous year.
232 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
From a profitability perspective, tighter liquidity conditions Amid ongoing economic uncertainty, the banking industry
also contributed to a decline in the Net Interest Margin continues to maintain a strong capital position. This is
(NIM), although it remained relatively strong at 4.56% as reflected in a high Capital Adequacy Ratio (CAR), which
of December 2025. Nevertheless, the banking industry stood at 25.89% as of December 2025, although slightly
continued to record solid net profit of IDR262.2 trillion, lower than 26.69% recorded in December 2024.
increasing by 2.74% or IDR7.0 trillion compared to December
2024. The industry’s ability to maintain profitability was also
reflected in a relatively strong Return on Assets (ROA) of
2.51%.
Table of Banking Industry Performance
Indicator 2025 2024 2023 2022 2021 2020
Assets (IDR billion) 13,646,417 12,460,955 11,765,838 11,113,321 10,112,304 9,177,89
Third-Party Funds (IDR billion) 10,057,543 8,837,242 8,457,929 8,153,590 7,479,463 6,665,390
Loans (IDR billion) 8,693,972 7,827,148 7,090,243 6,423,564 5,768,585 5,481,560
Net Profit (IDR billion) 262,183 255,200 243,326 201,187 140,206 104,718
Capital Adequacy Ratio/CAR (%) 25.89% 26.69% 27.65% 25.66% 25.67% 23.89%
Non Performing Loan/NPL Gross (%) 2.05% 2.08% 2.19% 2.44% 3.00% 3.06%
Net Interest Margin (NIM) (%) 4.56% 4.62% 4.81% 4.71% 4.51% 4.45%
Return on Assets/ROA (%) 2.51% 2.69% 2.74% 2.43% 1.84% 1.59%
Loan to Deposits Ratio/LDR (%) 85.35% 88.57% 83.83% 78.78% 77.13% 82.54%
Source: Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025.
Analysis of BRI’S Position In The Banking Industry
As a comparison of BRI’s performance against the banking industry, the following presents a detailed overview of BRI’s growth
performance compared with the banking industry average.
Table of BRI Growth Performance Compared to Banking Industry
(Bank Only, in % yoy)
Banking Industry BRI
Performance
(December 2025) (December 2025)
Assets 9.5% 5.0%
Loans 9.6% 10.4%
Third-Party Funds 13.8% 7.3%
Demand Deposits 19.1% 19.7%
Savings Deposits 8.2% 7.8%
Time Deposits 14.3% (3.7%)
Net Interest Income 4.6% 0.8%
Source: BRI Financial Statements, December 2025; Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025.
PT Bank Rakyat Indonesia (Persero) Tbk. 233
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Management Discussion and Analysis
on Bank Performance
As of December 2025, BRI’s bank-only loan portfolio reached the Bank to achieve a CASA ratio of 70.89%, the highest
IDR1,342.7 trillion, growing 10.4% compared to the same level in its history. The efficiency of the liability structure is
period in the previous year, and remained higher than the also reflected in BRI’s time deposits, which declined by 3.7%,
banking industry growth of 9.6%. BRI’s commitment as while time deposits in the banking industry grew by 14.3%.
an MSME-focused bank continues to be reflected in the The optimization of the liability structure, coupled with
composition of its loan portfolio, which remains dominated by strong loan growth, enabled BRI to maintain an optimal Loan
the MSME segment, while growth in the corporate segment to Deposit Ratio (LDR) of 91.96%, higher than the industry
was also supported by contributions to the government level of 85.35%.
through the distribution of financing for various government
programs. In terms of asset quality, BRI recorded a Non-Performing
Loan (NPL) ratio of 3.29%, slightly higher than the banking
At the same time, BRI’s Third Party Funds (DPK) reached industry average of 2.05%, in line with the Bank’s efforts
IDR1,460.1 trillion, representing a growth of 7.3%, slightly to resolve problematic assets, particularly in the micro
below the banking industry’s growth of 13.8%. The segment, which was also affected by weakening purchasing
relatively lower growth in DPK compared to the industry power in 2025. Nevertheless, BRI continued to record solid
reflects BRI’s strategy to continuously strengthen its liability profitability with a Return on Assets (ROA) of 2.64%, higher
structure by focusing on the growth of Current Account and than the banking industry average of 2.51%. In addition, BRI
Savings Account (CASA), in line with BRI’s Retail Funding maintained a strong capital position, with a Capital Adequacy
Transformation strategy aimed at lowering the cost of funds. Ratio (CAR) of 21.06%, well above the minimum regulatory
BRI’s CASA recorded significant growth of 12.7%, enabling requirement.
Table of Comparison of BRI’s Financial Ratios with the Banking Industry
(Bank Only, in %)
BRI Banking Industry
Ratio Performance
(December 2025) (December 2025)
Current Account and Savings Account (CASA) Ratio 70.89% 63.24%
Capital Adequacy Ratio (CAR) 21.06% 25.89%
Non Performing Loan (NPL) Gross 3.29% 2.05%
Return on Assets (ROA) 2.64% 2.51%
Loan to Deposits Ratio (LDR) 91.96% 85.35%
Source: BRI Financial Statements, December 2025; Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025.
234 PT Bank Rakyat Indonesia (Persero) Tbk.
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Operational
Review
Bank’s Strategic Plan
In the midst of tenacious global indecision due to rising Through the implementation of this strategy, BRI strived to
geopolitical risks and the dynamics of international trade maintain a balance between growth, quality, and business
policies, the global economy demonstrated greater resilience resilience during 2025, so it created sustainable added value
throughout 2025 compared to initial projections. Improved for stakeholders amidst a continuously evolving and dynamic
global economic growth in Quarter 2 of 2025, supported by economic landscape.
a disinflationary trend and a more accommodative global
monetary policy stance, contributed to relatively more The Bank’s Strategic Plan encompasses a comprehensive
conducive financial market conditions. Nevertheless, various long-term strategy (corporate plan) and medium and short-
global risks still required careful monitoring as they had the term strategies (business plan), explained as follows
potential to impact the future economic growth prospects.
Long-Term Strategy
At the national level, Indonesia’s economy was projected
to grow relatively steadily in the 5.0% range by 2025, with In 2025, BRI implemented its long-term strategy
household consumption and investment remaining the key under the Corporate Plan 2025–2029, reinforced by a
drivers of economic growth. However, the quality of growth transformation agenda through the strengthening of its
was hindered by several challenges, particularly in terms of business fundamentals, namely BRIVolution Reignite. This
purchasing power among lower-middle-class households. transformation is directed through two main focus areas.
Controlled inflation and the relaxation of monetary policy First, Transform the Funding Franchise, which aims to
provided a space for the banking sector to further optimize position BRI as a leading funding bank in Indonesia. This
its intermediation function, while government fiscal policy initiative is pursued through strengthening CASA across all
played a crucial role in maintaining public purchasing power segments, optimizing BRImo and digital channels, enhancing
and stabilizing domestic demand. the effectiveness of e-channels, as well as refreshing the
Bank’s branding to reinforce BRI’s perception as the primary
Throughout 2025, considering these dynamics, BRI transaction bank for both individuals and business actors.
implemented an adaptive and measurable strategy to maintain
sound and sustainable business growth. The Company Second, Revamp Existing Core and Build New Core, which
focused on strengthening its business fundamentals focuses on creating sustainable and profitable loan growth.
through sound funding structure management, selective This initiative includes the revitalization of micro banking,
and quality credit growth, and disciplined risk management. as well as the strengthening of consumer lending and the
Correspondingly, transformation and strengthening of commercial segment.
internal capabilities were continuously conducted across
key business segments, such as Micro, SME, Consumer, and All transformation initiatives were supported by the
Subsidiaries, to respond to the dynamics of customer needs rebuilding of world-class foundations, encompassing the
and evolving market opportunities. strengthening of human capital, the implementation of
prudent and integrated risk management, the enhancement
Furthermore, BRI consistently optimized growth opportunities of information technology and infrastructure, as well as
stemming from domestic demand and business ecosystem rebranding and the refinement of distribution and operational
development, supported by the utilization of digital functions to ensure effective execution, business resilience,
technology, improved service quality, and strengthened and the creation of long-term value for all stakeholders.
human resource capabilities. At the same time, the Company
maintained operational efficiency and the implementation Furthermore, BRI is currently undertaking the alignment of
of good corporate governance as the key foundation for its Long-Term Plan (RJP) 2026–2030, which will serve as the
maintaining long-term performance sustainability. foundation for the Company’s transformation direction in the
next phase. This alignment process is carried out to ensure that
BRI’s strategy remains relevant and adaptive to macroeconomic
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Management Discussion and Analysis
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dynamics, developments in the financial services industry, as 3. Build A World Class Foundation
well as shareholders’ expectations. Through the formulation a. Enhancement of the distribution model through the
of this long-term plan, BRI is committed to strengthening its interaction framework between regional offices
competitiveness and maintaining sustainable growth, while and branch offices, evaluation of the managerial
continuously creating long-term value for all stakeholders. capabilities of regional offices, as well as realignment
of priorities and business processes.
Short and Medium Term Strategy b. Comprehensive human resource transformation
that includes competency model development,
BRI’s medium-term strategy is formulated as part of the recruitment process improvement, performance
Company’s ongoing commitment to maintaining healthy, management, mentorship programs, and capability
balanced, and sustainable business growth amidst the enhancement.
ever-evolving economic dynamics and banking industry. c. Consolidation end -to-end corporate risk
The strategic direction focuses on strengthening business management through the development of credit
fundamentals, increasing quality profitability, and enhancing risk monitoring models and systems, strengthening
organizational capabilities to ensure the Company’s long- operational controls, strengthening risk culture,
term sustainability of its performance and performance and enhancing digital and cyber risk management
competitiveness. capabilities.
Considering the dynamics of the external and internal The Company’s entire strategy is focused on five key
environment, the Company must always be adaptive business pillars: Micro, Commercial, Consumer, Corporate,
and responsive in dealing with various challenges, while and Retail Funding. The implementation of these strategies
capably optimizing available business opportunities. In in each pillar is supported by a simplified organizational
doing so, in the short- and medium-term period of 2025– structure and operational centralization, a comprehensive
2027, the Company has set a strategic direction focused transformation of human resources, firming integrated
on strengthening the liability structure, strengthening and risk management, and increasing the productivity and
refining the core business, especially in the Micro segment, effectiveness of the work network.
as well as developing new capabilities and sources of growth
in the Consumer and Commercial segments. A summary of the Company’s 2025-2027 business
development strategy is presented as follows:
The implementation of this short- and medium-term strategy a. Micro
is supported by strengthening the Company’s key enablers, The strategy focuses on maintaining market share
particularly in the areas of network and distribution, human and profitability by refining the micro-business model
resources, and risk management. This strengthening of to remain relevant to dynamic customer needs. This
these enablers is further elaborated through a series of effort is being implemented through strengthening the
strategic initiatives as follows: capabilities and leadership of marketing staff, managing
1. Transform the Funding Franchise high-quality pipelines, and implementing increasingly
a. Solidifying the role and function of regional office disciplined loan risk management.
supervision to increase the productivity of branch Acceleration of the development of the pawn and gold
offices and relationship managers. businesses integrated within the BRI Group ecosystem
b. Improvement and modernization of transaction as a source of sustainable growth.
banking capabilities in the retail and wholesale b. SME
segments. The strategy focuses on measurably increasing market
c. Developing a customer base in the emerging affluent share through optimizing territorial strategies and
segment as a source of sustainable funding growth. value chain-based acquisitions, using a loan-follow-
d. Strengthening cross-segment collaboration and transaction approach.
synergy with Subsidiaries to increase value chain c. Consumer
penetration and optimize the Group’s added value. The strategy focuses on selective and quality consumer
2. Revamp The Existing Core and Build A New Sustainable credit growth through strengthening payroll-based
Core financing, developing mortgage (KPR) and vehicle loans
a. Reviewing and refining micro-business models with (KKB) businesses, and accelerating the development of
an emphasis on asset quality control. pawn and gold businesses integrated into the BRI Group
b. Affirming the Company’s position in the payroll ecosystem as a source of sustainable growth.
business, and developing pawn and bullion services. d. Wholesale
c. Strengthening risk management in the small The strategic focus is the development of corporate
segment, increasing productivity in the medium and financing that can create added value and support
commercial segments, and accelerating commercial the business ecosystem of other segments, as well
business development.
236 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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as transforming transaction banking services by base through increasing CASA contributions and
strengthening cash management capabilities, digital transaction activities, by optimizing the payroll business,
trade finance, and treasury services to increase the marketing capabilities, and productivity, utilizing digital
contribution of transaction-based businesses. channels, mainly BRImo as a super app, and strengthening
e. Retail Funding and Transaction BRI Group synergy to expand the funding ecosystem and
The focus of the Retail Funding and Transaction strategy cross-selling opportunities amidst external and internal
is directed at strengthening the sustainable retail funding challenges faced by the Company.
Marketing Aspect
Marketing Strategy
To perform a sustainable effort to improve business Through relevant and valuable direct experiences, this
performance in terms of revenue, fundraising, and loan strategy was aligned with the customer life journey and
disbursement, BRI consistently implemented an Integrated supports BRI’s long-term sustainability and business growth
Marketing Communication strategy across channels and agenda. This approach strengthened the role of events as a
segments, both at digital and physical interaction points. strategic medium in building emotional closeness, increasing
Marketing activities were not only focused on one-way product understanding, and encouraging active customer
communication, but were developed into a brand experience involvement.
that allowed customers to interact directly with the products,
services, and values offered by BRI. Through a measured As part of its marketing performance management and
and experience-based marketing approach, BRI had evaluation, BRI consistently monitors its Customer Touch
successfully maintained a competitive position in various Point research or Brand Health Tracking (BHT). This
product categories and continuously strengthened brand research serves as the basis for measuring the effectiveness
equity. of marketing communications activities, including events
and marketing activities, on perceptions, image, and level of
Meanwhile, conducting its marketing approach to customers, interest in the brand. BRI’s products, services, and service
BRI has communicated through various channels. One brands across various segments. The evaluation results
of the communication channels that had been used was are used to ensure that every marketing activity remains
organizing events and marketing activities. These activities relevant to the dynamics of customer needs and the evolving
not only function as a means of increasing acquisition and competition in the banking industry.
transactions, but also as a strategic instrument in building
loyalty and long-term relationships with customers. This Synchronously, during 2025, BRI held a series of flagship
approach was designed as a means of promoting BRI events designed to reach the MSME and consumer segments
products and services, as well as an experiential touchpoint in a more focused and impactful manner, which were part of
that strengthens brand awareness, consideration, and BRI’s 2025 programs, as follows:
engagement for both existing and prospective customers.
1. BRI UMKM EXPO(RT) 2025
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Management Discussion and Analysis
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The 2025 BRI UMKM EXPO(RT) was held as a strategic not only provided financing but also supported export
platform to strengthen BRI’s role in driving the growth of acceleration and the sustainability of MSME businesses.
national MSMEs. This event was designed not only as an
exhibition of MSME products but also as an experiential In terms of participation and transaction activity, the
touchpoint connecting businesses, consumers, and 2025 BRI UMKM EXPO(RT) also recorded high visitor
BRI financial solutions within a single and integrated enthusiasm, with a total of 69,440 on-site visitors.
ecosystem. This high number of visitors contributed to brand
strengthening and engagement, and significantly
As part of its efforts to expand market access and increased transactions and the economic turnover of
encourage the increase in the scale of MSME businesses, MSMEs during the event.
BRI optimized the implementation of the 2025 BRI UMKM
EXPO(RT) through a structured and results-oriented Overall, the achievements in business matching, potential
business matching program. This program brought dealing, and visitor and sales performance underscored
together more than 1,000 MSMEs fostered by BRI with the strategic role of the 2025 BRI UMKM EXPO(RT) as
560 potential buyers from 34 countries, including a marketing activation tool that directly impacted MSME
buyers from both domestic and international markets, business growth. This event was an integral part of BRI’s
opening up opportunities for broader cross-border trade strategy to strengthen the national MSME ecosystem,
cooperation. This reflected the effectiveness of BRI’s role encourage exports, and create sustainable added value
as an enabler in connecting MSMEs with global market for customers and the Indonesian economy.
access, while strengthening BRI’s position as a bank that
2. BRI Consumer Expo
needs across various life stages. This event also served
as a strategic tool to drive new customer acquisition and
deepen relationships with existing customers.
The 2025 BRI Consumer Expo was held in several major
cities serving as centers of economic and consumer
activity, such as Jakarta, Bandung, and Surabaya. In
addition, this activity is also carried out at the Marketing
Gallery of BRI’s partner developers, including Agung
Sedayu Group, Sinarmas Land, Podomoro Group,
The 2025 BRI Consumer Expo was an integrated event Ciputra Group, as well as Marketing Galleries in 13
designed to present BRI financial solutions relevant other cities. The selection of these cities reflected
to customers’ lifestyle needs and financial cycles. The BRI’s strategy of bringing financial solutions closer to
event was designed as a one-stop financial experience, potential consumer segments in urban areas with high
connecting BRI’s financing products, savings, and levels of financing and transaction needs. Through
transaction services into a single, easily accessible a physical presence in various cities, BRI confirmed
ecosystem for both customers and prospective product familiarity while increasing the effectiveness of
customers. direct marketing communications to target audiences.
Through the 2025 BRI Consumer Expo, BRI provided To increase the attractiveness and encourage the
visitors with a hands-on experience to learn about, realization of transactions during the event, BRI
compare, and utilize a variety of superior consumer presented several financing and transaction promotion
products. This approach aimed to increase brand programs, including:
awareness, consideration, and purchase intention, while 1. KPR BRI program offered special interest rates to
strengthening BRI’s positioning as a solution-oriented, support customers’ housing ownership needs.
competitive, and adaptive bank that addressed consumer
238 PT Bank Rakyat Indonesia (Persero) Tbk.
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2. Automobile Loan Program (KKB) with competitive could increase engagement and brand consideration,
and affordable vehicle financing solutions. and made a real contribution to the growth of BRI’s
3. The Travel Hot Deals program supported customers’ consumer financing business.
travel needs through transactions using BRI products
and payment instruments. Apart from the foregoing programs, BRI actively performs
a range of initiatives designed to boost awareness,
A series of programs was designed to directly encourage consideration, conversion, and loyalty to customer across
purchasing decisions while affirming the utilization of various segments, in the form of activation activities and
BRI’s financing products and transactions. Through the campaigns delivered through mass media, social media,
2025 BRI Consumer Expo, BRI successfully exhibited the digital platforms, and other channels to effectively reach the
effectiveness of events as a marketing activation tool that target audience for each product.
Market Share
BRI’s position compared to the banking sector can be evaluated from the total asset, the total amount of third-party funds, and
the total of the disbursed loans.
Table of BRI’s Market Share compared to Banking Industry
(bank only, in IDR billion)
Description Information December 2025 December 2024 Growth yoy (%)
Banking Industry 13,646,417 12,460,955 9.5%
Assets BRI 1,931,536 1,840,395 5.0%
Market Share (%) 14,15% 14,77%
Banking Industry 8,693,972 7,831,558 11.0%
Loan BRI 1,342,674 1,215,847 10.4%
Market Share (%) 15,44% 15,52%
Banking Industry 10,057,543 8,837,242 13.8%
Third Party Funds BRI 1,460,089 1,360,134 7.3%
Market Share (%) 14.52% 15.39%
Source: BRI Financial Statements, December 2025; Indonesian Banking Statistics, Financial Services Authority (OJK), December 2025.
As of December 2025, BRI’s total assets reached IDR1,931.5 From a funding perspective, BRI’s Third-Party Funds (TPF)
trillion, representing 5.0% year-on-year growth, slightly amounted to IDR1,360.1 trillion, growing 7.3% year-on-year,
below the banking industry asset growth of 9.5% year- below the banking industry growth of 13.8%, which reached
on-year. Nevertheless, BRI continued to maintain a strong IDR10,057.5 trillion. As a result, BRI’s market share slightly
market share of 14.15%. declined to 14.52%. The relatively lower growth in third-party
funds compared to the industry was driven by BRI’s focus on
During the same period, BRI’s total loans grew by 10.4% CASA growth, which reached IDR1,035.0 trillion, increasing
year-on-year to IDR1,342.7 trillion, broadly in line with the 12.7% year-on-year, thereby raising BRI’s CASA ratio to
banking industry’s loan growth of 11.0% year-on-year, which 70.89%, up from 67.54% in 2024 and marking the highest
reached IDR8,694.0 trillion, allowing BRI to maintain a solid level in the Bank’s history. Meanwhile, the banking industry
market share of 15.44%. CASA ratio stood at 63.24%, slightly declining compared to
63.39% in 2024.
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Management Discussion and Analysis
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Customer Complaint Handling
In addition to effective marketing strategies, customer and checking complaint status, checking account balances
engagement needs to be continuously maintained and and mutations, checking credit card limits and bills, service
improved as an effort to improve customer experience reservations at BRI Branch Offices, and providing information
for the services provided, which is expected to drive on ATM locations, Branch Offices, and BRILink Agents.
BRI’s business growth. BRI continues to strive to maintain Furthermore, Sabrina also acts as an entry point for sales
consistent customer-centric services through standardizing activities through the facility of submitting and checking
service quality across its entire network, including complaint the status of credit card applications, as well as delivering
management services that are ready to provide business product recommendations and promotional programs
services and business support for business units to resolve from BRI merchants. During 2025, Sabrina served 45%
customer complaints with 24-hour operational hours, 7 of interactions from all BRI Contact channels with a user
(seven) days a week through the Contact BRI service. satisfaction level of 87.37%.
Customer convenience in accessing BRI Contact services is BRI’s efforts to maintain service quality consistency in
the focus of improvement in improving BRI Contact services, meeting various customer transaction needs have been
by developing a self-service complaint menu, namely by recognized in the “Bank Service Excellence Monitor (BSEM)
presenting a Help Center that can be accessed through the 2025” survey. This survey, conducted by MRI Research
BRImo application and the BRI Virtual Assistant “Sabrina” via Institute in collaboration with Infobank Magazine, highlights
the WhatsApp application at 0812 1214 017. In addition, BRI improvements in several aspects of BRI’s services as follows:
has also presented a toll-free Voice Over Internet Protocol 1. The Best Conventional Bank in Service Excellence for 15
(VOIP)-based service through the BRImo application for Consecutive Years (Diamond)
customers to serve complaint handling that can be accessed 2. The Best Conventional Bank in Service Excellence for 5
by customers and the public. Consecutive Years (Golden)
3. The Best Conventional Bank in Service Excellence -
BRI continuously improves its business processes and Digital Channel
customer complaint resolution speed by implementing 4. The Best Conventional Bank in Service Excellence -
Artificial Intelligence (AI) and Robotic Process Automation E-mail
(RPA) to monitor the Service Level Agreement (SLA). 5. The Best Conventional Bank in Service Excellence - Live
Since 2024, BRI has also introduced Customer Handling Chat
Management innovations to enhance complaint handling 6. The 2nd Best Conventional Bank in Service Excellence
quality, focusing on people, processes, and systems. On 7. The 2nd Best Conventional Bank in Service Excellence -
average, the Average Handling Time (AHT) for complaints Contact Center
has improved by 11%, and the Service Level Agreement 8. The 2nd Best Conventional Bank in Excellence - Digital
(SLA) response time has accelerated by 22%. The First Branch
Contact Resolution (FCR) rate, where complaints are 9. The 2nd Best Conventional Bank in Excellence - Chatbot
resolved immediately on the first attempt or First Contact 10. The 2nd Best Conventional Bank in Excellence - Call
Resolution (FCR), increased by 3% compared to the pre- Center
implementation period. From the customer’s perspective, 11. The 2nd Best Conventional Bank in Excellence - Social
surveys indicate that the willingness to recommend BRI’s Media
complaint handling or Net Promoter Score (NPS) services
increased by 9.64%%, while customer satisfaction with In addition, to encourage service innovation both individually
complaint resolution services or Customer Satisfaction Index and organizationally in providing the best complaint
(CSI) improved by 7.87% following the implementation services, BRI also actively participates in the Contact Center
competition both at the Asia Pacific and National levels. In
BRI presents Sabrina as part of its conversational banking The Best Contact Center Asia Pacific Competition, BRI won
initiative with expanded capabilities, so that it not only acts a Bronze medal for the Technology Innovation category.
as a Virtual Assistant but also acts as a Virtual Relationship Meanwhile, in The 2025 Indonesian Best Contact Center, BRI
Manager (Virtual RM) in supporting account management achieved the Runner Up with the acquisition of 43 medals
and fulfilling customers’ banking needs comprehensively. consisting of: 12 (twelve) Platinum medals,15 (fifteen) Gold
Supported by Large Language Model (LLM) technology, medals, 10 (ten) Silver medals, and 6 (six) Bronze medals.
Sabrina provides integrated services that include creating
240 PT Bank Rakyat Indonesia (Persero) Tbk.
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To manage customer complaints, BRI follows established procedures to provide fast, accurate, and satisfactory solutions to
customers. In 2025, BRI resolved customer complaints as follows:
Table of Complaint Management Publication in 2025
Completed On Process Not Completed
Type of Financial Total
No
Transactions Complaints
Total Percentage Total Percentage Total Percentage
1. Credit Card 3,387 99.62% 13 0.38% 0 0.00% 3,400
Other Bank Products/
2. 1,729 99.94% 1 0.06% 0 0.00% 1,730
Services
3. Deposits 46,164 100.00% 2 0.00% 0 0.00% 46,166
4. ATM/CRM 647,196 100.00% 7 0.00% 0 0.00% 647,203
5. E-banking 561,390 99.95% 268 0.05% 0 0.00% 561658
6. Non-Collateral Loans 1,254 99.44% 7 0.56% 0 0.00% 1,261
Loans (Working Capital,
7. 856 99.88% 1 0.12% 0 0.00% 857
Investment, Consumer)
Grand Total 1,261,976 99.98% 299 0.02% 0 0.00% 1,262,275
To provide an optimal service experience, BRI has successfully resolved 99.98% of all customer complaints from the total number
of complaint tickets. For tickets still in process, BRI is committed to ensuring their resolution in accordance with the Service Level
Agreement (SLA) and compliance with consumer protection regulations. Therefore, BRI will continue to strive to deliver the best
services to customers by maintaining speed and quality in complaint resolution.
Customer complaints will be processed according to the following flow:
Customers visit the nearest BRI branch BRI officers verify and receive the BRI officers record the customer
office or contact the BRI Contact Center. customer complaint. complaint in the system.
1 2 3
4 5 6
Approval and appeal process for the Communication of the complaint BRI officers review the transaction in
complaint resolution results. resolution results to the customer. accordance with the customer complaint.
BRI has established standard procedures for managing the BRI Contact service. Next, officers conduct an initial
customer complaints, which are implemented in a structured, verification to ensure the completeness of the information and
transparent, and effective manner. At each stage of complaint the validity of the complaint. Once the complaint is deemed
handling, BRI implements a Service Level Agreement (SLA) complete, officers record and document the complaint in
as a service promise and a commitment to ensuring that the Customer Relationship Management System. Based on
follow-up and resolution of complaints are carried out the verification and analysis results, officers then take steps
in a timely, measurable manner, and in accordance with to resolve the complaint in accordance with established
applicable regulations. provisions, procedures, and SLAs. Once the resolution
process is complete, the results of the complaint handling are
The complaint process begins with the customer submitting communicated to the customer in a clear and timely manner.
the complaint through the nearest BRI office or through As part of its efforts to improve service quality, BRI also
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receives and follows up on customer feedback regarding the out-of-court settlements. Out-of-court resolutions can
resolution of complaints submitted. be conducted through mediation or arbitration with the
Regulator, the Financial Services Sector Alternative
During the resolution process, customers may either agree Dispute Resolution Institution (LAPS SJK), or other
or disagree with the complaint resolution outcome: relevant institutions.
• If they agree, the complaint is considered resolved.
• If they disagree, they can appeal the complaint resolution Customer complaints will be resolved within the designated
to BRI. timeframe, provided that all supporting documents have
• If the customer remains dissatisfied after the appeal been fully received by BRI.
process, they may seek resolution through court or
Table of Types and Timeframes for Complaint Resolution
Types of Complaints Complaint Resolution Timeframe
5 (five) business days.
Notes:
• Requests for information regarding products and/or services used by the customer and/or BRI’s internal policies
Verbal Complaints
on provided products/services.
• Customer complaint procedures.
• Other relevant product/service information that customers need to know
10 (ten) business days .
The resolution period may be extended by an additional 10 business days if:
Written Complaints • The BRI branch receiving the complaint is different from the branch where the issue occurred.
• The complaint requires a special review of BRI documents.
• Other circumstances beyond BRI’s control affect the resolution process
Resolution of complaints beyond the above time frame may be carried out by BRI if:
• The complaint resolution requires follow-up by another party; and/or
• The follow-up conducted by another party affects the complaint resolution time frame by BRI.
If BRI requires supporting documents for a complaint BRI has the right to refuse to handle customer complaints if:
submitted verbally by the customer, BRI has the right to a. The customer does not complete the required supporting
request the customer to submit the complaint in writing documents within the specified timeframe.
along with the necessary supporting documents. b. The complaint has already been resolved by BRI. A
resolved complaint includes:
BRI will handle written complaints if the customer has - Complaints that have reached an agreement; or
completed the supporting documents, including: - Complaints that did not reach an agreement.
a. Customer/representative identification, which must at c. The complaint is not related to any actual or potential
least include: material loss that is reasonable and directly stated in the
- Full name of the customer and/or customer agreement and/or transaction documents.
representative; d. The complaint is not related to BRI’s products and/or
- Residential address as stated in the customer and/ services, except in cases of collaboration with other
or representative’s identification document, and any parties.
other residential address (if applicable); and e. The complaint is currently being processed or has
- Contact phone number of the customer and/or already been ruled on by a civil court.
representative.
b. Type and date of the transaction;
c. The issue being reported;
d. Other documents, such as a power of attorney (if the
customer authorizes a representative to handle the
complaint) or any documents directly related to the
reported issue.
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Operational Review Per Business Segment
A segment refers to a distinct portion of BRI and its subsidiaries primary business activities (operating segments), which
that either focuses on delivering a specific product (operating are categorized into micro, retail, corporate, others, and
segment) or offers a product within a particular economic subsidiaries, along with geographical segments. The
context (geographical segment), with associated risks and geographical segments encompass the supply of goods or
returns that differ from those of other segments. BRI and its services in a distinct economic climate, which poses different
subsidiaries classify their business segments according to risks and returns compared to operating segments in other
consolidated internal reports presented to the operational economic settings. BRI’s geographical segments are organized
decision maker, specifically the Board of Directors. BRI according to regions, including Indonesia, the United States,
has recognized and shared financial data according to its Hong Kong, Singapore, Timor Leste, and Taiwan.
BUSINESS SEGMENTS
OPERATING GEOGRAPHICAL
SEGMENTS SEGMENTS
Corporate Other
Micro Segment Retail Segment Subsidiaries Indonesia
Segment Segments
Small, Medium, and
Corporate PT Bank Raya
Micro Business Commercial Treasury Business United States**)
Business Indonesia Tbk
Business
BRILink Agent Consumer Lending Institutional International BRI Global
Singapura
Services Business Business Business Financial Services
Social Capital Market
Retail Funding Transaction Banking
Entrepreneurship and Supporting Services PT Asuransi BRI Life Timor Leste
Business Business
Incubation Program Business
Syndication, Property,
Retail Transaction PT BRI Multifinance
and Pharmaceutical Others*) Hong Kong
Business Indonesia
Businesses
PT BRI Danareksa
Taiwan
Sekuritas
PT BRI Ventura
Investama
PT BRI Asuransi
Indonesia
PT Permodalan
Nasional Madani
PT Pegadaian
*)
Includes income and expenses arising from equity participation activities, excluding those related to PT BRI Manajemen
investments in subsidiaries, as well as income and expenses that are not allocated to any business segment. Investasi
**)
Including the Cayman Islands Overseas Work Unit
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Operating Segment
Operating Segment Explanation and Micro Segment
Productivity
The micro segment focuses on serving the needs of banking
For the managerial interest, BRI is disorganized into 5 (five) products and services for individual customers and small-
operational segment based on the following products, as scale entrepreneurs to strengthen community businesses.
follows: This micro segment encompasses Micro Business,
• Micro Segment AgenBRILink Services, and Social Entrepreneurship &
• Retail Segment Incubation Programs.
• Corporate Segment
• Other Segments
• Subsidiaries
MICRO BUSINESS PERFORMANCE SUMMARY
Throughout 2025, BRI’s Micro Business focused on 2. Enhancement of business process quality through the
accelerating asset quality recovery, as well as enhancing digitalization of business processes and the refinement
business processes, risk management, and human of governance over operational and credit processes.
capital empowerment. The gradual recovery process 3. Optimizing Mantri productivity through healthy
has begun to show positive results and is expected to management ratios and ticket sizes.
remain within the targeted trajectory going forward. 4. Firming early collection and downgrade risk control.
5. Ecosystem-based expansion through the integration
The Micro Business remains a key focus for the of PNM, Pegadaian, and MSME Naik Kelas.
Company’s future business growth. Despite the 6. Developing business clusters and value chain financing.
challenging environment, the micro segment continued 7. Optimizing BRILink Agents as an extension of
to record the largest contribution among all business financial inclusion services.
segments. Going forward, in line with the ongoing 8. Increasing digital transaction literacy and penetration
improvement process, its contribution to the Company’s in villages and productive communities.
profitability is expected to become increasingly optimal.
Transforming the ecosystem into a new growth engine
Nevertheless, from a portfolio perspective, the Bank through strengthening BRILink Agents, Rumah BUMN
continued to extend loan disbursements to ensure (State-Owned Enterprise House), Desa BRILian (BRILiaN
customers maintain access to financial services. Credit Village), and collaboration across BRI Group entities,
disbursement is conducted selectively, while maintaining which not only expanded access to financing but
a balance between expansion and asset quality. This is also encouraged financial literacy, increased digital
supported by strengthening the early warning system, transactions, and the development of cluster- and
controlling collectibility downgrades, and optimizing community-based MSMEs.
collection and restructuring efforts to maintain NPL
stability and ensure long-term business sustainability. Going forward, the 2026 strategic direction is geared
toward healthier and more inclusive growth through
The 2025 micro segment strategy focused on eight key strengthening credit governance, improving the quality
pillars: of productive financing, optimizing the village ecosystem
1. Strengthening the credit culture as the foundation and business clusters, synergizing with ministries and
for healthy micro business growth, among others BRI Group, and accelerating the digitalization of business
through the structuring and control of daily activities processes to ensure that micro-businesses remain a key
as well as the enhancement of human capital quality. pillar of BRI’s sustainable growth.
244 PT Bank Rakyat Indonesia (Persero) Tbk.
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MICRO BUSINESS transactions, BRI provides secure payment solutions for the
In 2025, BRI’s Micro Business performance was focused on public. BRI is equipped with the necessary infrastructure
accelerating asset quality recovery, accompanied by the readiness to educate the public on non-cash transactions.
revitalization of business processes, enhancement of risk The Bank is committed to continuously enhancing public
management, and the empowerment of human capital to literacy on non-cash transactions, particularly through QRIS,
ensure the long-term sustainability of the micro segment. in order to further expand the adoption of this integrated
Nevertheless, amid this process, the Bank continued payment system. BRI believes that by providing simple and
to ensure that customers maintained adequate access secure payment solutions through QRIS, micro businesses
to financial services. Despite the challenging economic can optimize their business potential, which will contribute
conditions, BRI continued to extend credit while adhering to national economic growth and improve people’s welfare
to the principles of selectivity and prudence, enabling loan
growth to maintain both strong profitability and sound asset In addition, as an enabler to accelerate the achievement
quality. of inclusive economic growth, BRI integrated conventional
networks, hybrid networks, and digital networks with Holding
In 2025, BRI recorded Micro loan disbursements totaling UMI, through Senyum Co-Location, BRILink Agents, ATM
IDR284.54 trillion, consisting of Kupedes amounting to e-channels, and CRMs distributed throughout Indonesia. In
IDR105.44 trillion, KUR amounting to IDR158.84 trillion, 2025, micro business loan products offered to micro customers
and BRIGuna Micro amounting to IDR20.26 trillion. This included Kupedes, BRIguna Mikro, People’s Business Loan
achievement demonstrates BRI’s continued presence within (KUR Mikro), and Mortgage Loan Program (KPP).
the community and its commitment to supporting economic
growth, particularly in the micro sector. Going forward, Products and Services of Micro Business are as follows:
the Bank remains committed to consistently strengthening 1. Kupedes
its role as the primary partner for micro entrepreneurs in It is a general loan with loan as much as IDR500 million
Indonesia by continuously providing financial services that per debtor within maximally 120 months that can be
are relevant, accessible, and integrated. used for working capital purpose and/or investment to
individual debtor having satisfied the requirements.
Looking ahead, to further enhance granularity in identifying 2. KUR Mikro
growth potential, BRI will strengthen its measurement tools It is a financing facility for newly micro entrepreneur with
and monitoring indicators to better understand the conditions loan as much as IDR10 million – IDR100 million per debtor
and expectations of micro entrepreneurs regarding national that can be Working Capital Loan (KMK) with a maximum
economic developments, including the strengthening of loan term of 3 (three) years and/or Investment Loan (KI)
the BRI Micro and SME Index (BMSI). This index is used to with a maximum loan term of 5 (five) years.
measure business activity, sentiment, and optimism among 3. Mortgage Loan Program (KPP)
MSME players, thereby serving as the basis for the Company This is an investment and/or working capital financing
in formulating micro business policies and approaches that facility provided to micro, small, and medium-sized
are more adaptive to evolving economic conditions. enterprises, whether individuals or business entities, to
support the achievement of priority housing programs.
BRI has designed various strategies to increase financial Mortgage Loan Program, distributed to the micro
service penetration during 2025, including through the segment, such as loan investment with a loan limit
development of a micropayment transaction system. One of between IDR10 million and IDR500 million.
the main steps is to collaborate with merchants to encourage 4. BRIguna Mikro
the implementation of cashless transactions through the It is micro multipurpose loan aimed at the fixed income
use of BRI’s Quick Response Code Indonesian Standard segment.
(QRIS) instrument. In line with the continued growth of digital
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Table of Micro Business (Productivity) Performance
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Outstanding (OS) Loans
470,772 491,220 (20,448) (4.16%)
(in IDR billion)
Kupedes 175,595 200,223 (24,628) (12.30%)
KUR Mikro 235,389 231,294 4,095 1.77%
BRIguna Mikro 59,787 59,703 84 0.14%
Debtors
12,39 13,08 0,68 (5.24%)
(in million people)
Kupedes 3,94 4,50 0,57 (12.39%)
KUR Mikro 8,02 8,11 0,09 (1.16%)
BRIguna Mikro 0,43 0,46 0,03 (7.12%)
In 2025, the outstanding loans of BRI’s Micro Business further increase its contribution to BRI, while simultaneously
reached IDR470.77 trillion, remaining the largest among all strengthening its contribution to the broader community.
business segments within BRI in nominal terms. Kupedes
recorded outstanding loans of IDR175.60 trillion with a total Micro Business Strategy in 2025
borrower base of 3.94 million customers. Meanwhile, KUR Microbusiness is BRI’s core competency, built sustainably
recorded outstanding loans of IDR235.39 trillion, serving through long experience, an extensive service network,
8.02 million borrowers, followed by BRIGuna, a payroll- and human resource capabilities that reach down to the
based lending product, which recorded outstanding loans of closest level to business actors. Amidst ever-changing
IDR59.79 trillion with nearly half a million borrowers under and increasingly complex economic dynamics, future
management. microbusiness management demands a more disciplined,
adaptive, and sustainability-oriented approach. Changing
From an asset quality perspective, in 2025 BRI continued customer behavior, the rise of alternative technology-based
to accelerate the resolution of non-performing loans, as financial services, and the demand for quality growth are
reflected in the increase of the Non-Performing Loan (NPL) driving BRI to comprehensively strengthen the fundamentals
ratio from 2.85% in 2024 to 3.93% in 2025. Nevertheless, of its microbusiness.
initiatives aimed at improving credit quality have begun to
show positive results, as reflected in the Special Mention In line with its micro-business development direction, which
Loan (SML) ratio, which declined from 6.20% in 2024 to focuses on sound and sustainable growth, BRI established
5.60% in 2025. This improvement represents a positive the 2025 micro-business strategy that emphasized
signal that the strategies and initiatives implemented have strengthening fundamentals, improving loan culture, and
gradually delivered favorable outcomes in enhancing credit enhancing portfolio quality and organizational productivity.
quality. This strategy was implemented through several key steps,
as follows:
Overall, despite ongoing asset quality improvement 1. Confirmation of the loan culture as a foundation for
initiatives, the alignment of business processes, and the sound micro-business growth, through the arrangement
challenging economic environment, the Micro segment and control of daily activities that were systematically
continued to record solid profitability, accompanied by designed and monitored by work unit leaders, to
sustained improvements that continue to deliver positive ensure that business processes operated disciplinarily,
outcomes. Going forward, the Micro segment is expected to consistently, and suitably with the prudential principles.
246 PT Bank Rakyat Indonesia (Persero) Tbk.
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2. Improving the quality of business processes, such as 4,600 PNM branches. BRI’s commitment to expanding
through the improvement of the revitalization policy of all financial services for the public is also reflected in the
marketing personnel in the micro segment, both for Micro expansion of its service network through 6 BRI Teras
Loan Officer and Micro Business Manager (MBM) positions Mobile units, 4 Teras Kapal units, and more than 1.19
3. Enhancing the quality of human capital, among others million BRILink Agents, extending financial services
through the replotting of BRI Unit Heads based on reach to even the most remote areas. BRI also operates
the alignment of behavioral competencies with the 1,035 Senyum Co-location units, which integrate services
characteristics of their respective areas (urban and from BRI, PNM, and Pegadaian as part of the Ultra Micro
rural), the addition of functions and responsibilities of the (UMi) Holding, providing integrated financial access
Operational and Service Supervisor (SOL) at BRI Units to across these entities. Complementing this network, the
strengthen operational and service functions at the unit BRI Group is supported by more than 74,000 financial
level, as well as the implementation of Field Collection to advisors, consisting of 27,000 BRI Mantri officers, more
accelerate the recovery of written-off loans and strengthen than 3,000 Pegadaian marketing personnel, and more
credit quality control. than 43,000 PNM account officers.
4. Improvement of operational and loan process 2. Digitalized Business Process
governance, including the satisfaction and arrangement To enhance productivity and strengthen risk
of operational service functions to ensure the separation management in the micro segment, BRI has implemented
of roles between operational service activities and credit the digitalization of business processes, including
management, so that service quality and risk control the development of the BRISPOT loan underwriting
could operate more optimally. application. BRISPOT acts as a catalyst for improving
5. Implementation of the prudential principle in credit synergy and productivity among BRI Micro Loan Officer
decision-making, along with the enhancement of the officers through the digitalization of both credit and non-
accuracy of customers’ business assessments, in order credit activities within an integrated platform. To support
to minimize potential risks from the early stages of loan sustainable growth, in 2025 BRI continued to enhance
disbursement. BRISPOT through improvements in pipeline quality and
6. Adjustment of business target allocation based on the addition of daily activity planning features.
regional potential and quality, through target allocation 3. Senyum Mobile
that considered market potential, saturation level, and Holding UMi aims to combine key entities that can
loan portfolio quality in each business unit, so that better develop the ultra-micro segment. The ultra-micro
business growth could be managed more proportionally ecosystem will assist in the journey of the ultra-micro
and sustainably. segment upgrading to the micro segment. The ultra-
7. Strengthening credit recovery activities and credit quality micro ecosystem will play an important role in improving
control through the optimization of recovery efforts on the landscape of the ultra-micro segment in Indonesia.
written-off borrowers, as well as enhanced collection Therefore, BRI creates the Senyum Mobile application,
activities by increasing the focus on handling problematic which is an integrated digital sales platform used by
debtors, as part of efforts to maintain asset quality and marketers to market products across entities (BRI, PNM,
mitigate the formation of new non-performing loans. and Pegadaian).
4. Executive Dashboard
Competitive Advantage and Micro Business Innovation The Executive Dashboard is an innovative platform
In 2025, the improvement of loan performance and third- designed to support integrated, data-driven regional
party fund of micro business was an integral part of BRI’s development, with a continuously evolving, phased
attempts in designing various innovations. The innovations approach. Starting in 2021, the platform has leveraged
were as follows: BRI’s internal data, including savings, loans, loan quality,
1. Extensive and Integrated Service Network social assistance, managed accounts, and churn-out
Indonesia’s topography as an archipelagic country with modeling, to build a robust data foundation. In 2022, the
more than 17,000 islands presents unique challenges platform was designed to enhance insights by identifying
in the distribution of financial services. In this regard, regional profiles by adding data on financial literacy
BRI possesses a competitive advantage through its percentages, loan amounts, and the number of account
extensive and integrated service network, enabling holders in each region. Furthermore, the Executive
customers—particularly those in the micro and ultra- Dashboard integrates smartphone penetration data
micro segments—to gain access to banking products, per region, providing a more in-depth analysis of local
financial services, and beyond banking services. At the potential and needs. In 2025, the executive dashboard
Group level, BRI operates more than 15,000 service units was further enhanced, enabling the identification of
across Indonesia, including more than 6,300 BRI Micro business potential by region down to the village level.
Units & Teras, 4,100 Pegadaian branches, and more than
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With the Executive Dashboard, business activities can be In line with the positive prospects for micro businesses and
tailored to community transaction patterns and regional the need to build more sound and sustainable growth, BRI
potential, enabling more precise and efficient business has drafted strategic steps in developing the 2026 micro
operations. This platform is a strategic solution that businesses, as follows:
combines technology and data to create sustainable 1. Strengthening loan culture as the key foundation for micro
growth opportunities, empower villages, and increase business growth, through increasing business process
financial inclusion in the territory of Indonesia. discipline, more structured control of daily activities, and
strengthening the role of work unit leaders in ensuring
Business Prospects and Micro Business Strategy in 2026 consistent application of prudential principles across the
The Micro Business segment will continue to remain the entire micro business network.
largest portfolio segment within BRI and plays a strategic 2. Improving the quality and productivity of the micro-
role in supporting national economic growth. Indonesia’s loan portfolio by directing financing growth to segments
economic structure, dominated by micro and ultra-micro and products with more manageable risk and return
businesses, provides significant room for future growth. profiles, and ensuring that portfolio growth is measuredly
Furthermore, Indonesia’s demographic projection, dominated performed and oriented to long-term sustainability.
by a productive-age population, also contributes to the 3. Enhancement of governance and loan decision-making
sustainability of micro business activities in the medium to processes, including consistent implementation of On
long term. Consistent with this, various economic indicators The Spot (OTS) throughout the loan approval process,
and business sentiment indicate that MSMEs have growth fulfillment of operational service functions to clarify the
potential, despite challenges such as changing consumer separation of roles between services and loans, and
behavior, purchasing power dynamics, and increasing strengthening the quality of post-realization analysis and
competition in the financial services industry. monitoring.
4. Strengthening asset recovery and quality control activities
In recent years, the microbusiness landscape has undergone by increasing the effectiveness of field collection,
increasingly rapid and complex changes. Technological accelerating the handling of problematic debtors, and
advancements and open access to information have strengthening coordination of the management of the
altered transaction patterns, business management, and Small and Medium Loan (SML) and Non-Performing
microbusinesses’ preferences for utilizing financial services. Loan (NPL) segments at all levels of the organization.
Furthermore, the emergence of various technology-based 5. Optimizing business target allocation based on
financing alternatives and financial services has intensified regional potential and quality, by considering market
competition, both with formal financial institutions and characteristics, saturation levels, and loan quality
non-banking entities. This situation requires BRI to pursue conditions in each business unit, so that business growth
not only quantitative growth but also to ensure the quality, can be achieved more proportionally and in line with risk
productivity, and sustainability of its overall microbusiness management capacity.
portfolio. 6. Optimizing the BRILink Agen partnership as an enabler to
increase the productivity and Advisors’ control coverage
Entering 2026, BRI views the prospects for its micro business so that Advisors can focus more on mentoring and
as remaining positive, with the caveat that growth must empowerment.
be built on a stronger and more disciplined foundation. 7. Develop digital business models supported by
Following a phase of consolidation and restructuring in 2025, personalized scoring to enhance more prudent market
BRI is focusing on efforts to return to sound and sustainable penetration.
growth by strengthening its micro business fundamentals, 8. Strengthening BRI Group synergy to increase fee-based
improving its portfolio quality, and structuring its work culture income from the sale of micro bancassurance products
and governance. This approach is believed to enhance the of subsidiaries.
resilience of BRI’s micro business in dealing with economic 9. Enhancement of operational systems, including BRISPOT,
dynamics, while creating long-term value for the Company to improve productivity and strengthen risk management
and its stakeholders. in the micro business segment, among others through
strengthening the pipeline and credit risk scoring.
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BRILINK AGEN SERVICE
BRILink Agen is a collaborative model introduced by BRI aimed regulation of OJK. Simultaneously, it fosters economic
at broadening the reach of its financial services to the public. values by providing partners with additional income, creating
This business model incorporates social values focused on mutually beneficial economic collaborations, diversifying
empowering communities, promoting financial inclusion, partner enterprises, and expanding the banking network for
ensuring economic equality, and enhancing understanding operational efficiency
of banking through its role as a Smart Agent under the
Table of BRILink Agent Service Performance (Productivity)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
BRILink Agent 1,193,835 1,064,219 129,616 12.18%
BRILink Agent Mekaar 456,127 437,575 18,552 4.24%
BRILink Agent Non Mekaar 737,708 626,644 111,064 17.72%
Fee Base Income (IDR million) 1,709,562 1,656,288 53,274 3.22%
CASA (IDR million) 27,309,136 25,632,996 1,6766,140 6.54%
Volume of Transactions (IDR million) 1,746,170,031 1,589,038,749 157,131,282 9.89%
Deposit Referral 165,650 153,142 12,508 8.17%
By December 31, 2025, a total of 1,193,835 BRILink Agents community-based payment hubs that provide consumers
operated across Indonesia. This total comprised 334,725 with convenience and accessibility for daily financial
BRILink EDC Agents and 859,110 BRILink Mobile Agents, transactions. In addition, BRILink Agents are expected to
distributed over 66 thousand villages in the country. serve as solutions to address BRI customers’ needs at the
Additionally, 456,127 members of PNM Mekaar had become business entity level through enhanced payment features
BRILink Agents, demonstrating the synergy between BRI and and expanded payment capabilities.
the BRI Group. BRILink Agents also refer MSME loan and
were responsible for distributing Social Assistance (Bansos) BRILink Agents serve as UMi lifestyle providers by expanding
within communities. Besides providing loan referrals for BRI access to everyday products and services while supporting
UMi partners, BRILink Agents assisted in the establishment the empowerment of communities and MSMEs in Indonesia.
of savings accounts via a referral system for the basic BRILink Agents can also play a role within the logistics
saving account type, known as Tabunganku. BRILink ecosystem as package drop-off points and payment
Agents significantly contributed to achieve genuine financial centers. In addition to selling primary goods, BRILink Mekaar
inclusion for all segments of Indonesian. Agents are able to facilitate daily transactions for Mekaar
group members, thereby acting as an enabler of a cashless
BRILink’s sales volume increased up to IDR1,746 trillion, with ecosystem for BRI Ultra Micro services. Furthermore, BRILink
a growth of 9.89%, generated by BRILink Agents throughout Pawn Agents function as enablers for pawn services,
Indonesia. BRI earned fee-based income of IDR1.71 trillion at enabling customers across the BRILink Agent network to
the end of December 2025, increasing 3.22% from IDR1.65 access pawn-related services.
trillion in the same period in 2024. Furthermore, BRILink
Agents also increased their low-cost funds (CASA) by AgenBRILink Competitive Advantage and Innovation
IDR27.31 trillion, growing 6.54% from 2024. By leveraging more advanced digital technology and
continuously developing its ecosystem, BRILink Agents
BRILink Agent Strategies in 2025 are expected to expand their agent network to reach all
In 2025, BRILink Agents responded to the evolving dynamics segments of society, from urban to rural areas. A focus on
of the banking industry by undertaking a business model empowering MSMEs, developing the logistics ecosystem,
transformation aimed at positioning BRILink Agents as the and enhancing capabilities in financing and goods distribution
spearhead in building an integrated payment ecosystem. will significantly contribute to Indonesia’s digital economy.
Under this transformation, BRILink Agents are positioned BRILink Agents will continuously catalyze change in the
as ecosystem payment centers, focusing on becoming microfinance sector, introducing solutions that are more
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adaptive and responsive to customer needs in the digital era. 3. BRILink Agents as Financing Enablers
Through the implementation of strategic initiatives, BRILink As financing and refinancing agents in collaboration
Agents are committed to continuously delivering added with BRI Finance, BRILink Agents will expand their role in
value, creating economic opportunities, and supporting providing financing solutions that are more accessible to
sustainable development through increasingly innovative customers, including microfinancing and refinancing for
and inclusive services in 2026 and beyond. communities and MSMEs. By strengthening capabilities
in the financing sector, BRILink Agents will support
BRILink Business Prospects and Strategies in 2026 economic empowerment through financial solutions that
In 2026, BRILink Agents will continue their transformation are more adaptive to customer needs.
as integrated payment ecosystem centers and serve as key 4. BRILink Agents as a Logistics Ecosystem
enablers within Indonesia’s digital financial ecosystem. As BRILink Agents will expand their role in the logistics
the frontline distribution channel for BRI Group products and sector by serving as strategic package drop-off points
strategic partners, BRILink Agents will expand their role in through the BRILink Logistics feature. BRILink Agents
supporting inclusive economic growth by providing more will become key partners in supporting the logistics
efficient and accessible payment solutions and financial ecosystem and goods distribution across Indonesia,
services to all segments of society. helping to accelerate delivery processes and enhance
distribution efficiency.
BRILink Agents will evolve into a one-stop solution for a wide 5. BRILink Agents as UMi Lifestyle Providers
range of services and products required by communities BRILink Agents will further strengthen their transformation
and MSMEs. BRILink Agents will serve as a shopping hub into ultra-micro (Umi) lifestyle providers by expanding
that facilitates transactions for goods and products at access to daily products and services for communities.
competitive prices. In addition, BRILink Agents will introduce BRILink Agen Mekaar services will continue to expand,
BRIMOLA, enabling agents to serve as gas distribution bases providing products and services to Mekaar group
and retailers, providing household gas supplies practically members while supporting the transition toward safer
and affordably. BRILink Agents will also expand their role and more efficient cashless transactions. In addition,
as logistics agents through the BRILink Logistics feature, BRILink Agen Mitra Umi and BRILink Agen Gadai will
providing package drop-off and pick-up points to support serve as enablers for pawn and microfinancing services
more efficient goods distribution. for all BRILink Agent customers.
1. BRILink Agents as Payment Ecosystem Centers 6. Social and Economic Value Proposition
BRILink Agents will further strengthen their position BRILink Agents will further strengthen their role as a
as digital payment ecosystem centers, enabling sales channel for partners and BRI subsidiaries. By
communities to conduct daily financial transactions fast, reinforcing networks and collaboration across various
securely, and conveniently. Through the enhancement industry sectors, BRILink Agents will help generate
of more advanced payment features, BRILink Agents significant social and economic value, while opening
will provide greater accessibility for BRI customers new opportunities for a broader range of products and
and partners across various sectors, including FMCG, services from BRI Group and its strategic partners.
logistics, and e-commerce, to perform transactions BRILink Agents will introduce customer touchpoints,
directly through the extensive agent network spread payment collection services, and cross-selling initiatives
throughout Indonesia. In addition, BRILink Agents will to enhance customer engagement and expand product
continueto develop payment solutions for charitable offerings to customers.
contributions, including zakat, infaq, qurban, and 7. Expansion of Partnerships for Cash Management
sadaqah, thereby facilitating public participation in social Solution
initiatives through a trusted agent network. BRILink Agents will continue to expand partnerships for
2. BRILink Agents as Community Lifestyle Providers cash pick-up services and corporate deposit collection
As part of a broader transformation, BRILink Agents will as part of comprehensive cash management solutions
strengthen their role as connectors between partners for business partners. By increasing the number of
and communities. BRILink Agents will offer various partners and broadening the geographic coverage of
services, for transactions and merchandise purchases, these services, BRILink Agents will deliver more efficient
while providing broader accessfor communities to obtain financial solutions and facilitate companies and MSMEs
daily necessities. BRILnik Agents will actively serve as in managing their cash flow effectively.
sellers, buyers, and dropshippers, thereby supporting
the economic empowerment of local communities and
MSMEs across Indonesia.
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SOCIAL ENTREPRENEURSHIP & INCUBATION PROGRAM b. SEOs House
Program managed by the Social Entrepreneurship & Incubation It is a platform for developing MSME (Micro, Small,
Program encompasses the allocation of Government Initiatives and Medium Enterprises) capabilities as part of
(such as Social Assistance and Kartu Tani (Farmer Cards) and a collaboration among state-owned enterprises
empowerment initiatives (including MSMEs Upgrading program, (BUMN) to build a digital economic ecosystem. Its
BRILiaN Village, and BUM Desa, and Business Clusters). Each goal is to enhance MSME capacity and capability,
service is further detailed in the following descriptions: enabling them to become Go Modern, Go Digital,
1. Social Assistance Program (Bansos) Go Online, and Go Global. Additionally, SEOs House
It is Governmental program collaborated with Ministry serves as a millennial basecamp, a banking program
of Social Affairs of the Republic of Indonesia for information center, a co-working space, and a
the allocation of aid funds intended for the poor, disaster response task force.
underprivileged, and/or those susceptible to social risks. 5. BRILiaN Village and Village-Owned Enterprises
In 2025, the government, through the Ministry of Social a. BRILiaN Village
Affairs of the Republic of Indonesia, distributed four (4) BRILiaN Village is a village empowerment program
types of social assistance programs, namely the Family aimed at creating role models for rural development
Hope Program (PKH), the basic Food Program (Program through excellent leadership practices and a
Sembako), the Basic Food Program economic Stimulus collaborative spirit to optimize village potential based
for the Second Quarter of 2025, and the Temporary on Sustainable Development Goals (SDGs). The
Direct Cash Assitance for Public Welfare (BLTS-Kesra). implementation of the BRILiaN Village evaluates and
The assistance funds were distributed on a non-cash develops four (4) key aspects that serve as the pillars
basis through the banking system. Recipients of the of empowerment for BRILiaN Village, namely:
aid can withdraw the funds through bank tellers, BRI 1. BUMDesa and or Village Cooperatives, as the
e-channels, or BRILink Agents. economic driving force of the village.
2. Kartu Tani/Banking 2. Digitalization, implementing digital products and
This is a co-branded debit card developed in partnership activities in the village.
with the Ministry of Agriculture, designed for farmers to 3. Sustainability, Building a resilient and sustainable
redeem subsidized fertilizer at designated fertilizer kiosks, village.
and it can also be utilized for standard banking transactions. 4. Innovation, Encouraging creativity in creating
3. Kusuka Card innovation.
It is a co-branded debit card developed in collaboration b. Village-Owned Enterprises (BUMDesa)
with the Ministry of Marine Affairs and Fisheries. It BUMDesa are village business entities whose capital is
serves as a single identity card for business actors in the wholly or predominantly owned by the village to manage
marine and fisheries sector and is issued across six (6) assets, services, and other business activities for the
subsectors, namely marine spatial management, fishing, benefit of village welfare. BUMDesa are established
fish transportation, aquaculture, fish processing, and fish through village deliberation forums and regulated under
marketing. village regulations. BUMDesa functions as drivers of
4. MSMEs Upgrading the village economy by developing local potential,
BRI facilitates the enhancement of MSME capacity and creating employment opportunities, increasing village
capability through a range of initiatives, allowing MSMEs income providing social and economic services that
to elevate their business operations and compete more benefit the community, legal entity established by
effectively. To aid the development of MSMEs capacity village to manage its business, utilize its assets, develop
and capability, BRI offers diverse empowerment its productivity and investment, provide services, and/
platforms, as follows: or serve other business types for welfare of village
a. LinkUMKM community.
It is an integrated online empowerment platform that 6. Business Cluster
provides various business development facilities BRI Business Cluster is an empowerment program
for MSME (Micro, Small, and Medium Enterprises) for business groups formed based on similar types of
entrepreneurs, accessible to the general public. It businesses within a specific region, aimed at enhancing
offers several useful features for MSME capacity the capacity and capabilities of all cluster members. The
development, including Assessment for Business empowerment program provided by BRI to its fostered
Growth, Expert Consultation, and Product Showcase. Business Clusters includes training and mentoring,
support in business infrastructure and facilities, market
expansion for cluster products. The management of
Business Cluster data is conducted digitally through the
“Klasterku Hidupku” application.
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Table of Social Entrepreneurship & Incubation Performance (Productivity)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
SOCIAL ASSISTANCE (BANSOS)
Family of Hope Program (PKH)
Number of Beneficiary Families (KPM) 3,547,774 2,894,996 652,778 22.55%
Disbursement (IDR million) 9,837,708 8,469,282 1,368,426 16.16%
Basic Food Program
Number of Beneficiary Families 6,014,859 5,526,637 488,222 8.83%
Disbursement (IDR million) 11,518,215 12,730,475 (1,212,260) (9.52%)
Economic Stimulus of Basic Food Packages for Quarter 2 of 2025
Number of Beneficiary Families 6,014,775 0 6,014,775 100.00%
Disbursement (IDR million) 2,405,910 0 2,405,910 100.00%
Temporary Direct Cash Assistance for People’s Welfare (BLTS-Kesra)
Number of Beneficiary Families 5,598,888 0 5,598,888 100.00%
Disbursement (IDR million) 5,038,999 0 5,038,999 100.00%
Number of Disbursement (IDR million) 28,800,808 21,199,757 7,601,051 35.85%
KARTU TANI/BANKING
Number of Printed Cards 5,180,297 5,432,071 (251,774) (4.63%)
Number of Complete EDC-installed Fertilizer Kiosk 7,404 9,113 (1,709) (18.75%)
Subsidized Fertilizer Redemption Volume (Ton) 1,128,006 1,262,166 (134,160) (10.63%)
Subsidized Fertilizer Redemption Nominal (IDR million) 2,377,808 2,852,776 (474,968) (16.65%)
KARTU KUSUKA
Number of Printed Cards 560,543 508,687 51,856 10.19%
LinkUMKM
Number of User 14,989,704 10,646,889 4,342,815 40.79%
Number of Scoring 11,435,039 7,929,725 3,505,314 44.20%
SEOS HOUSE (RB)
Number of RB 54 54 0 0.00%
Number of Members 529,044 433,304 95,740 22.10%
Number of Trainings 18,218 14,937 3,281 21.97%
BRILIAN VILLAGE AND VILLAGE-OWNED ENTERPRISES (BUMDESA)
Number of 5,245 4,327 918 21.22%
Number of BRILiaN Villages Savings Balance 17,547,378 14,021,021 3,526,357 25.15%
Number of BUMDesa Savings Balance 58,710 55,888 2,822 5.05%
CLUSTER
Number of Fostered Clusters 42,682 38,574 4,108 10.65%
Empowerment (Infrastructure and Training) 3,000 2,433 567 23.30%
252 PT Bank Rakyat Indonesia (Persero) Tbk.
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Total social assistance disbursement in 2025 reached access to mentoring, assistance, and capacity-building support
IDR28.80 trillion, representing an increase of 35.85% for MSME entrepreneurs across various regions.
compared to IDR21.19 trillion in 2024. The increase in social
assistance disbursement in 2025 was supported by additional This growth was accompanied by increased MSME capacity-
distributions beyond the regular assistance programs (PKH building activities, as reflected in SEOs House training programs,
and Basic Food Program) through two (2) programs, namely which rose by 21.96%, from 14,947 training sessions in 2024 to
the Basic Food Program- Economic Stimulus II 2025 and 18,218 sessions in 2025. This increase reaffirms SEOs House
BLTS-Kesra. Another contributing factor to the increase in role as an MSME empowerment center that not only focuses on
social assistance disbursement in 2025 was the transfer of competency enhancement but also promotes competitiveness
social assistance distribution from Bank Tabungan Negara and inclusive business sustainability.
(BTN) to BRI, particularly in Denpasar City, Bangli Regency,
and Klungkung Regency. As of December 2025, the Desa BRILiaN program had
successfully integrated 5,245 villages into BRI’s empowerment
On the other hand, under the Kartu Tani/Perbankan program, ecosystem. This achievement underscores BRI’s sustained
the number of cards issued in 2025 decreased compared commitment to strengthening village-based economic
to 2024. This decline was attributable to the issuance of fundamentals as part of its long-term growth strategy. The Desa
Minister of Agriculture Regulation No. 10 of 2022 dated 6 July BRILiaN program has also driven increased financial inclusion,
2022 concerning the reduction in the types of subsidized as evidenced by a 25.25% growth in the number of savings
fertilizers and commodities, as well as an instruction from the accounts in Desa BRILianN and a 5% increase in the number of
Ministry of Agriculture to suspend new account openings and BUMDesa accounts. This performance demonstrates that BRI’s
the issuance of Kartu Tani/Perbankan for newly registered financial services are reaching more remote village areas.
farmers. The total of Kartu Tani/Banking printed in 2025
reached 5,180,297 cards, with a fertilizer volume of 1,128,006 Business Clusters recorded growth of 10.64%, increasing
tons, and a transaction value of IDR2.37 trillion. from 38,574 clusters in 2024 to 42,682 clusters in 2025.
Meanwhile, empowerment initiatives (infrastructure support
The number of Kusuka Cards printed in 2025 increased by and training) grew by 23.30%, from 2,433 initiatives in 2024
10.19%, or 51,856 cards, distributed across 33 provinces to 3,000 initiatives in 2025.
throughout Indonesia, compared to 2024. Through the
Kusuka Card program, it is expected to enhance financial Strategy of Social Entrepreneurship & Incubation Program
literacy and inclusion among business actors in the marine in 2025
and fisheries sector, of which 53.70% are engaged in the An overview of the strategy for the Social Entrepreneurship &
fishing subsector. Incubation Program implemented in 2024 is outlined as follows:
1. Social Assistance
During the 2024–2025 period, LinkUMKM users recorded a. The implementation of the PKH Social Assistance
significant growth. The number of users increased by 4.34 and Basic Food distribution is conducted in line with
million, or 40.79%, reflecting a strong expansion of the user the regulations and directives established by the
base and broader adoption of the platform’s services. In line Ministry of Social Affairsof the Republic of Indonesia.
with this growth, the number of scorings also increased by b. Participating in enhancing financial inclusion
3.51 million, or 44.20%, indicating higher utilization of this accessible to beneficiary families.
feature among LinkUMKM users. 2. Kartu Tani (Farmer Cards)/Banking
The redemption of subsidized fertilizers using the Kartu
The higher growth in the number of scorings compared Tani/Banking Card is integrated with the fertilizer quote
to user growth indicates that not only has the user base database in the Ministry of Agriculture’s e-RDKK system.
expanded, but the intensity of utilization of the MSME In 2025, it was also integrated with the subsidized
scoring feature for business upgrading assessment has fertilizer stock database of PT Pupuk Indonesia, thereby
also increased, reflecting deeper measurement of MSME eliminating potential data discrepancies and preventing
levels. Overall, this data underscores the strengthening role misallocation in distribution.
of LinkUMKM as a platform that is increasingly relevant and 3. Kartu Kusuka (Kusuka Cards)
actively utilized within the MSME ecosystem. The development of an integrated system through API
integration between the Ministry of Marine Affairs and
In line with the strengthened role of SEOs House in promoting Fisheries and BRI enables the exchange of business actor
MSME empowerment, the number of SEOs House members data, thereby ensuring that the mass account opening
recorded a significant growth of 22.09%, increasing from process can be conducted efficiently and monitored by
4333,304 members in 2024 to 529,0344 members in 2025. This each respective party.
increase reflects the expanding reach of SEOs House in providing
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4. MSME Upgrading (Link UMKM and Rumah BUMN/ 3. Kartu Kusuka (Kusuka Cards)
SEOs House) As one of the banks collaborating with the Ministry of
a. LinkUMKM Marine Affairs and Fisheries in the issuance of the
Actively promoting the integrated online empowerment Kusuka Card, BRI accounted for 59% of the total Kusuka
platform - LinkUMKM through a series of publications Cards printed across 33 provinces. Through synergy
in online media, placement of communication materials with stakeholders, supported by Bri’s extensive network
in strategic locations, and active participation in MSME- of work units reaching coastal areas, the Kusuka Card
themed activities (such as bazaars and exhibitions). serves as a means to expand access to banking facilities
In addition, BRI’s marketing personnel proactively for Indonesia’s marine and fisheries ecosystem.
introduce LinkUMKM to prospective customers and 4. MSME Upgrading (Link UMKM and Rumah BUMN/
assist customers, thereby enhancing their financial SEOs House)
literacy, capacity, and capabilities. a. LinkUMKM
b. SEOs House LinkUMKM serves as an integrated online
Expansion of outreach to assisted MSMEs through empowerment platform that can be accessed by users
a partnership between SEOs House and local anytime and anywhere, offering features that support
government, communities, and universities, enabling MSME development. These include the MSME Naik
a greater number of MSME entrepreneurs to join Kelas self-assessment tool, online training modules,
as SEOs House members. Through this approach, coaching and mentoring services, access to SEOs
the visibility of SEOs House role at the regional House, and a showcase feature (digital catalog).
level is enhanced, thereby encouraging more b. SEOs House
MSME entrepreneurs to become members, as they SEOs House has become a hub for MSME
recognize the tangible and sustainable benefits development across various regions, enabling more
available to support their business development. inclusive and equitable access to empowerment
5. BRILiaN Village and BUMDesa programs. BRI’s SEOs House is directly connected
a. There were 918 new fostered villages having been to BRI’s products and services (KUR, Kupedes,
empowered by the Desa BRILiaN Program. Ultra Mikro, BRImo), ensuring that MSMEs are not
b. Comprehending financial literacy and inclusion from onlymentored but also incubated toward becoming
villages having joined the Desa BRILiaN Program bankable. This integration of business development
by increasing the utilization of BRI’s products and support and financial literacy serves as a key
services in villages. differentiation compared to toher empopwerment
c. Expansion of market access for leading village programs.
products. 5. BRILiaN Village and BUMDesa
6. Business Cluster a. Stengthening BRI’s role (social value) in village
a. New Business Cluster acquisition program. empowerment initiatives.
b. Empowerment Program (training and assistance with b. Enhancing engagement between BRI and assisted
facilities and infrastructure) to 567 Clusters. villages.
c. Market expansion program for Cluster products. c. Improving village financial literacy and inclusion
through empowerment programs (capacity and
Competitive Advantage and Innovation of Social capability building for village officials and BUMDesa
Entrepreneurship & Incubation Program assisted by BRI).
The detail of the competitive advantage and innovation of the d. Promoting improved community welfare through
Social Entrepreneurship & Incubation Program is as follows: the development and strengthening of leading
1. Social Assistance village business sectors that generate added value,
a. BRI serves as the social assistance distributing bank competitiveness, and sustainable economic growth.
with the largest allocation compared to Himbara and 6. Business Cluster
BSI, having distributed social assistance across 235 a. Strengthening BRI’s role (social value) in business
cities/ regencies throughout Indonesia. group empowerment activities.
b. The digitalization of Family Welfare Cards (KKS) b. Improving time, cost, and workforce efficiency at
distribution to Beneficiary Families (KPM) is done work units in serving collective needs.
through web and mobile applications (Makna c. Enhancing the effectiveness of marketing BRI’s
Application), which serve as a means to monitor the products and services.
delivery of KKS to Work Units and its subsequnet d. Facilitating work units in monitoring and evaluating
distribution to KPM. business actors.
2. Kartu Tani (Farmer Cards)/Banking e. Serving as a new growth source for generating
Of 38 provinces in Indonesia, 25 provinces are the business pipelines.
operational areas of the BRI Kartu Tani/Banking, so BRI is
the leading provider of the Kartu Tani/Banking program
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Business Prospects and Strategies of Social 5. BRILiaN Village and BUM Desa
Entrepreneurship & Incubation Program in 2026 BRI aims to involve 1,000 additional fostered villages in
An outline of the business prospects and strategies for the the BRILiaN Village Program. . The organization will focus
Social Entrepreneurship & Incubation Program that will be to enhance the financial literacy and inclusion to achieve
launched in 2026 is presented as followst: the independence and sustainability of assisted villages.
1. Social Assistance The strategy for the BRILiaN Village Program by 2026 is
a. Coordinating and establishing synergy with the as follows:
Ministry of Social Affairs of the Republic of Indonesia a. Conduct continuous outreach in collaboration with
(Kemensos RI) and other stakeholders to ensure the regional offices, branch offices, and unit offices
successful distribution of Social Assistance in 2026, in regarding the Desa BRILiaN program to expand
line with the Government’s target of timely, accurate, village understanding and participation.
and administratively compliant disburesment. b. Establish coordination and synergy with relevant
b. Strengthening collaboration with Kemensos RI in ministries and local government agencies to support
poverty alleviation efforts through the Empowerment the promotion of the Desa BRILiaN Program while
Program for Graduated Beneficiary Families (KPM), introducing BRI’s products and services
initiated by Kemensos RI. c. Promote the Desa BRILiaN Program through various
2. Kartu Tani (Farmer Cards)/Banking communication channels, including digital media,
a. Coordinating with the Ministry of Agriculture, social media, and print media, to increase awareness
PT Pupuk Indonesia, and other stakeholders to and enhance the program’s attractiveness among
expand the implementation of subsidized fertilizer potential villages.
redemption using the kartu tani/ banking card. d. Coordinate with the BRILink Group to optimize
b. Providing comprehensive banking products and assistance for BUMDesa so they can serve as active
services to farmers and Complete Fertilizer Kiosks. and productive BRILink Agents.
c. Strengthening BRI’s business presence across the e. Conduct evaluation and monitoring of inclusion
subsidized fertilizer ecosystem from upstream to improvements resulting from the implementation of
downstream. the Desa BRILiaN Program, as well as the optimization
3. Kartu Kusuka (Kusuka Cards) of BUMDesa and Village Cooperative businesses.
Establishing synergy with the Ministry of Marine Affairs 6. Business Cluster
and Fisheries through the utilization of the Kusuka Card Intensification of the cluster empowerment program
for the distribution of assistance or subsidies in the to support sustainable micro business development,
marine and fisheries sector. through initiatives including:
4. MSME Upgrading a. Establishing coordination and synergy with relevant
a. LinkUMKM ministries and local government agencies to
In 2026, the number of LinkUMKM users is expected support the socialization of the business cluster
to continue increasing inline with the platform’s empowerment program while introducing Bri’s
ongoing innovations, including enhancements products and services.
to the LinkUMKM mobile application interface, b. Enhancing the business capacity of cluster members by
improvements in user experience and user interface, conducting training programs both offline and online.
the addition of new training modules, and the c. Providing production facilities and infrastructure
refinement of supporting features. support to business groups to improve productivity.
b. SOEs House d. Conducting evaluation and monitoring of inclusion
Entering 2026, SEOs House will focus on strengthening improvements arising from the implementation of the
its role as a collaboration hub and strategic partnership business cluster empowerment program.
platform with universities, local governments, e. Promoting the business cluster empowerment
communities, businesses, and digital and technology program through various communication channels,
partners. This strengthened partnership scheme is including digital media, social media, and print media,
aimed at expanding MSMEs’ access to financing, to increase awareness and enhance the program’s
markets, technology, supply chain (value chain) attractiveness among potential business groups.
opportunities, and other strategic partners.
Retail Segment
The Retail sector is designed to cater to the requirements of entrepreneurs, specifically Small and Medium Enterprises (SMEs),
by providing a wide range of banking products and services that encompass both consumer and commercial banking. This
segment primarily concentrates on the advancement of Small & Medium Enterprises (SMEs), the Consumer Credit Business,
Saving Business and Retail Banking Services to assist customers in expanding their businesses across different industries.
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SUMMARY OF THE COMMERCIAL, SMALL & MEDIUM ENTERPRISE (CSME) DIRECTORATE PERFORMANCE
In 2025, the Commercial, Medium, and Small (CSME) customer service, and more competitive product and
segment will focus on balancing growth and portfolio pricing structures. Second, more targeted expansion in
quality through organizational refinement and network sectors with stable business prospects, such as the state
strengthening, aggressive yet prudent credit growth, budget, energy, healthcare, education, and wholesale
end-to-end credit process improvements, and credit trade, as well as optimizing ecosystem monetization
quality management. This strategy will be implemented to accelerate growth in the Commercial segment while
through pipeline optimization and ecosystem-based strengthening Medium-sized business expansion
value chain development, region-based acquisitions, while maintaining risk discipline. Third, implementing
and transaction activities to deliver faster, more a quality-first approach in the Small segment through
integrated, and more relevant end-to-end financing more targeted expansion, strengthening the New
solutions tailored to customer needs. Credit Underwriting process through BRISPOT, and
early intervention with at-risk customers to maintain
The implementation of this strategy is reflected in portfolio quality. Fourth, accelerating the handling of
performance throughout 2025. Outstanding credit in non-performing loans through the implementation of
the CSME segment reached IDR295.11 trillion, a 10.47% RM Quality and the Accelerated Loan (LAR) handling
year-on-year growth from IDR267.12 trillion the previous program with relief programs and KI Solusi products.
year. Growth was primarily driven by the Commercial
segment, which increased to IDR61.13 trillion, followed Entering 2026, the business development strategy
by growth in the Medium segment to IDR21.34 trillion, will align with the initiatives implemented in 2025,
growth in the Small segment to IDR177.98 trillion, and sharpening initiatives in each segment. Commercial and
distribution of Small Business Credit (KUR) of IDR17 Medium are growing aggressively while maintaining
trillion, in line with the established target. quality in the Small segment, while also increasing
marketing efficiency and effectiveness through
The strengthening of the strategy throughout 2025 process refinements and strengthening organizational
is reflected in four main aspects. First, strengthening capabilities and Human Capital. The strategic focus
a more agile and integrated organization through the remains on providing solutions relevant to customer
establishment of a Commercial Business Center (CBC) needs, offering products with competitive structures
and sharpening the role of Relationship Managers (RM) and pricing, and providing increasingly personalized
per segment, resulting in a more efficient decision-making service, while adhering to prudential banking principles.
process from acquisition to post-disbursement, faster
COMMERCIAL, MEDIUM AND SMALL BUSINESS
BRI classifies Commercial, Medium, and Small Businesses 2. Working Capital Credit (KMK)
based on credit limits. Small Businesses are loans up to IDR5 Providing credit facilities to individuals, non-individuals,
billion, Medium Businesses are loans above IDR5 billion up to or business entities for the purpose of financing current
IDR25 billion, and Commercial Businesses are loans above assets and/or replacing business debt, as well as
IDR25 billion up to IDR1 trillion. Commercial, Medium, and temporarily financing routine company operations, down
Small Business products include: payments, cash reserves, refinancing working capital,
or other working capital components, to finance the
1. Investment Credit (KI) customer’s business activities, or financing net capital,
KI is a facility provided to companies and/or individuals which is the difference between current assets and
to finance long-term funding needs for the purchase, current liabilities used to finance business activities
construction, expansion, and renewal (renovation) (working capital).
of productive fixed assets, along with the associated
costs. This product offers several advantages, including In addition to general working capital loans, there are also
installments and credit terms tailored to the borrower’s ecosystem-focused working capital loans specifically
cash flow capabilities, and dynamic monthly interest rates for financing needs in the value chain segment, with the
based on the customer’s portfolio at BRI. following explanation:
256 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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a. Distributor Financing is not sufficient with a loan amount above IDR100
A KMK facility for distributors, used solely for million to IDR500 million with a low interest rate and
purchasing products from principals for resale. The receives a subsidy from the Government.
advantages of this product include competitive b. Warehouse Receipt Subsidy Scheme (SSRG)
interest rates, collateral flexibility, and the ability Credit provided by SSRG distributors to SSRG
to conduct transactions online through Corporate recipients with collateral in the form of warehouse
Billing Management on QLola. receipts and interest subsidies from the government.
b. Supplier Financing c. KPP Supply Side
A working capital loan (KMK) facility provided to Investment and/or working capital loans provided to
vendors or suppliers to finance working capital micro, small, and medium-sized enterprises (MSMEs)
requirements for project completion based on a in the form of individuals or business entities to
contract or similar document from the principal. support priority housing programs. Financing can be
This product offers competitive interest rates and provided under working capital and/or investment
collateral flexibility. credit schemes.
c. Invoice Financing d. Agricultural Machinery Business Credit (KUA)
A Work Loan (KMK) facility for vendors or suppliers Investment credit specifically for the purchase of
to finance accelerated repayment of receivables Agricultural Equipment and Machinery which is used
from the principal for partial or full completion of as an Agricultural Equipment and Machinery taxi
work based on invoices or similar documents. This provided by BRI to Agricultural Equipment Credit
product offers competitive interest rates, collateral Recipients who receive interest subsidies from the
flexibility, and online transactions through Corporate Government.
Billing Management on QLola. e. Labor-Intensive Industrial Credit
d. Investment Financing (KI Mitra) Investment credit combined with working capital
An investment credit facility provided to principal credit to individual/personal debtors or productive
partners for the purchase, construction, expansion, business entities in the labor-intensive industry.
renewal (renovation), including refinancing of fixed f. SPPG Investment Credit (MBG)
assets and associated costs, to support the vendor/ In addition to financing the productive sector,
partner’s business or venture. This product offers BRI also supports the agenda of strengthening
several advantages, including a credit term tailored human resource quality through financing related
to the debtor’s cash flow and flexibility in sharing the to the Free Nutritious Meals (MBG) program. In
borrower’s own funds. its implementation, MBG financing is disbursed
in accordance with the request of the Nutrition
3. Government Program Credit Fulfillment Service Unit (SPPG) as the program
a. Small KUR implementing entity, while prioritizing the principles
Small KUR is a credit/financing for working capital of prudence and good governance. This financing
and/or investment to individual/personal debtors, support is expected to strengthen the smooth
business entities and/or business groups that are operation of nutrition fulfillment services and support
productive and feasible but the additional collateral the sustainability of the nutritious food supply chain.
Table of Small,Medium, and Commercial Enterprise Performance (Productivity)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
OUTSTANDING (in IDR million)
Small Loans 177,976,551 173,401,907 4,574,644 2.64%
Medium Loans 21,337,997 15,947,930 5,390,067 33.80%
Kredit Commercial 61,131,770 39,050,779 22,080,991 56.54%
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
People’s Business Loans (KUR) 34,660,056 38,744,103 (4,084,047) (10.54%)
Small, Medium, and Commercial (CSME) 295,106,374 267,144,719 27,961,655 10.47%
TOTAL DEBITUR (people)
Small Loans 216,770 221,049 (4,279) (1.94%)
Medium Loans 3,245 2,849 396 13.90%
Kredit Commercial 1,275 1,109 166 14.97%
People’s Business Loans (KUR) 210,303 231,639 (21,336) (9.21%)
Small, Medium, and Commercial (CSME) 431,593 456,646 (25,053) (5.49%)
Total outstanding CSME loans in 2025 will reach IDR295.11 implementation uniformity, and strategy consistency
trillion, a 10.47% increase compared to 2024. This growth will across regions.
be driven primarily by aggressive growth in the Commercial • Small: Appointment of RM Small with a division of
segment. In 2025, targeted lending to the SME (Small and focus between Growth & Quality. RM Small focuses
Medium) segment will be implemented, leveraging value on quality portfolio growth based on regional potential
chain potential and focusing on transactional business and customer transaction activity, while RM Quality
models. This strategy will positively impact the SME and TL Quality handle non-performing portfolios in
segment’s business performance through the end of 2025, a more targeted manner to enable more precise and
as reflected in the positive growth in the SME segment’s loan consistent credit quality improvements.
portfolio, which will outperform the market.
2. Aggressive and Prudent Credit Growth
COMMERCIAL, MEDIUM, AND SMALL BUSINESS Portfolio expansion is directed at segments and sectors
STRATEGIES IN 2025 that have the potential for sustainable growth, while
In 2025, the Commercial, Medium, and Small business maintaining quality and risk aspects.
development strategy will focus on generating higher- • Commercial and Medium: Growth is prioritized in
quality growth through strengthening the organizational sectors with stable business prospects, such as the
structure, targeted portfolio expansion, and comprehensive state budget, energy, healthcare, education, and
business process improvements. This initiative is designed wholesale trade. This sector selection takes into
to ensure segment management is more focused, effective, account the characteristics of businesses that are
and remains aligned with prudent banking principles. In more resilient to changing economic conditions. This
summary, the Commercial, Medium, and Small segment focused acquisition strategy with targeted sectors
strategy throughout 2025 includes: has proven to increase ticket size (loan tiering) and
demonstrates improved acquisition booking quality
1. Sharpening the Organization and Strengthening the year over year.
Network • Small: Growth is executed in a targeted manner,
BRI is adjusting its organizational structure to ensure focusing on the value chain and actively transacting
each segment has a clearer focus and more accountable deposit customers at BRI, while maintaining market
management. share and aligning with industry developments.
• Commercial: Establishment of a Commercial Focus is placed on each region according to existing
Business Center (CBC) to integrate all Commercial industry potential to maintain good credit quality, so
segment business processes into a single, dedicated that growth acceleration remains aligned with the
organization, enabling faster and more targeted end- desired risk profile.
to-end financing solutions. • An ecosystem-based business approach,
• Medium: Management of the Medium segment, implementing a growth strategy for the Commercial
previously managed at the branch level, was segment, strengthens cross-unit collaboration to
strengthened at the regional level through the optimize the potential of principal customers and
assignment of RM Medium and DH Medium, their value chain within a single business ecosystem.
aimed at improving coordination effectiveness,
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3. End to End Business Process Improvement At the same time, growth in the Medium and Commercial
Process improvements are carried out comprehensively segments is being aggressively pursued by maximizing
to increase speed, consistency, and accuracy in credit regional potential, leading sectors, and value chain-
decision making with adequate risk mitigation. based opportunities. Focusing on sectors with strong
• Credit underwriting digitization. Business process cash flow profiles and sustainable prospects allows BRI to
improvements through the new BRISPOT credit offer competitive product and pricing structures, tailored
underwriting system are implemented through to specific customer needs, and maintaining a balance
improved pre-screening, accelerated credit decision- between growth and risk. An ecosystem approach, through
making processes, and digital documentation leveraging partnerships within the value chain, fosters a
standardization. This modernization aims to create a more comprehensive understanding of customer business
more streamlined, accurate process that adheres to activities, resulting in more contextual and impactful
risk mitigation principles. financing solutions.
• Pipeline management strengthening. The pipeline
is focused on quality deposit customers, with pipeline Strengthening data-driven pipeline management ensures
screening based on risk profiles. Furthermore, a more focused acquisition and relationship development
improvements in data quality, model parameters, process, prioritizing opportunities that match needs and have
and validation processes are being implemented to good conversion potential. Organizational transformation
ensure the pipeline is more accurate, measurable, through the establishment of Commercial Business Centers
and contributes to healthy growth. (CBC) and the sharpening of dedicated organizations in
each segment to shorten coordination flows and improve
4. Existing Portfolio Quality Management service integration, so that BRI can provide end-to-end
Portfolio quality management is carried out through solutions with faster responses, higher accuracy, and a more
more structured, measurable, and recovery-oriented personalized service touch across all Commercial, Medium,
interventions. and Small segments.
• Accelerated LAR (Larger Loan) handling program.
The arrears relief program, as well as KI Solutions, are Business Prospects and Business Strategies for
implemented to expedite loan settlement for selected Commercial, Medium, and Small Enterprises In 2026
customers, with criteria and regular evaluations to In 2026, the business development strategy will align with
ensure their effectiveness. the initiatives implemented in 2025 by sharpening initiatives
• Role of RM Quality. The RM Quality function is in each segment. Commercial and Medium will continue
strengthened to conduct early monitoring and aggressive growth and maintain quality in the Small segment,
collection of customers showing potential cash flow while increasing marketing efficiency and effectiveness
impairments, allowing for faster implementation through process refinements and strengthening
of mitigation measures and a tangible impact on organizational capabilities. The strategic focus remains on
improving portfolio quality. providing solutions relevant to customer needs, offering
products with competitive structures and pricing, and
Competitive Advantage and Innovation of Commercial, providing increasingly personalized service, while adhering
Medium, and Small Businesses to the principles of prudent banking.
In 2025, the development of the Commercial, Medium, and
Small businesses will be directed towards becoming more 1. Sharpening the Organization and Strengthening the
responsive to customer needs by offering relevant solutions, Network
competitive product structures, and a more personalized BRI is adjusting its organizational structure to ensure each
service experience. Portfolio quality improvements, segment has a focused focus and more accountable
particularly in the Small segment, will be implemented credit management.
through improvements to New Credit Underwriting BRISPOT • Commercial: Expansion of the Commercial business
to make the assessment process more accurate, faster, service network by adding CBC to increase market
and prudent. This quality improvement will serve as the share and improving risk and operation functions
foundation for BRI to develop a more streamlined and to support speed of execution while adhering to
targeted business process for providing CSME financing prudential banking principles.
products while maintaining portfolio health. • Small & Medium: Strengthening the Head Office
Organization by establishing dedicated Business
teams according to the Small (Expansion and Quality)
and Medium (Medium business handling) segments,
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Management Discussion and Analysis
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as well as implementing the formation of a Flying to customer needs. It also improves the Pipeline
Team through the formation of EBO in handling non- Management System in the small segment for a
performing loans, especially handling Loans at Risk more prudent process that produces a high-quality
(LAR) in the Performing Lending (PL) portfolio. pipeline.
• Improvements to the Architecture Policy in each
2. Aggressive and Prudent Credit Growth Commercial, Medium, and Small segment serve as
• Commercial: Growth is focused on priority sectors a basis for harmonizing business policy directions,
aligned with the government, such as the state budget, ensuring loan product distribution aligns with
energy, food, and education, so that commercial customer needs and business potential in each
portfolio expansion can be more targeted, high- region.
quality, and aligned with industry dynamics.
• Small & Medium: Small & Medium growth is focused 4. Portfolio Quality Management
on leveraging the business ecosystem, both through • Strengthening Risk Control through an Enhanced
a value chain-based approach and a quality pipeline Early Warning System (EWS) in the Commercial,
from existing customers to banks with optimal funds Medium, and Small Segments, using customer CASA
and transactions. The growth focus of Small & criteria and timely payments, as well as an Enhanced
Medium is also aligned with government programs, Credit Risk Rating to strengthen the underwriting
including acquisitions in the Free Nutritional Meal process. In addition, a Stop and Go system will be
(MBG) program and Housing Credit Program (KPP) implemented to evaluate credit decisions from both
from the supply side. the decision-making and initiator sides.
• Digitizing the Credit Monitoring Process with the
3. End to End Business Process Improvement Development of a Dashboard in the Commercial,
• The BRISPOT revamp aims to accelerate the Medium, and Small Segments to oversee the
acquisition of Commercial, Medium, and Small acceleration of sustainable and quality growth that
businesses, making the credit initiative process more can provide insight in decision-making and business
seamless and faster, with tailored products tailored action plans.
CONSUMER BUSINESS PERFORMANCE SUMMARY
In 2025, BRI’s Consumer segment continued to record 3. Enhancing efficiency in every business process,
healthy and sustainable growth. The performance of while focusing on customer orientation and good
the consumer business was primarily driven by the corporate governance principles.
growth of salary-based loans and housing loans (KPR) or
mortgages. Salary-based loans and mortgages recorded The improvement and transformation of worker
growth of 9.90% yoy and 13.30% yoy, respectively. BRI competencies and business processes based on digital
remains committed to delivering the best services to technology supported optimal worker productivity. By
all customers through continuous innovation across its
using AI-based data analytics, product and program
banking platforms.
offerings became more targeted, enhancing efficiency.
These factors become key contributors to the growth of
BRI has consistently developed various customer
consumer business performance in 2025.
touchpoints to serve customers’ needs in the consumer
segment. The Consumer business has sharpened its
The results can be seen from the consumer business
business focus and improved business processes,
performance of BRI, which has grown positively in terms
enabling the consumer segment to become a key pillar
of assets, liabilities, and fee-based income. On the assets
of BRI’s growth with some effots:
side, consumer loans grew by 10.59% yoy, supported by
1. Developing digital-based products and services to
the growth of BRIguna loans at 9.92% yoy, and mortgage
ease customers’ access.
loans (KPR) at 13.30% yoy. In terms of liabilities, the wealth
2. Strengthening relationships with existing customers
management business could grow non-Third Party Funds
of BRI, leveraging the significant potential within this
Under Management (FUM) by 34.34% yoy and encourage
group. This was supported by using data analytics to
growth in fee-based income from investments by 19.69%.
understand customer behavior and offer personalized
products and services based on their needs.
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CONSUMER BUSINESS 3. Credit Cards and Digital Lending
BRI’s consumer business offers products that make it easier BRI Credit Card is a loan-based, unsecured payment
for individual customers to meet various consumption needs, instrument that collaborates with major payment networks
such as purchasing homes, vehicles, travel, education, and and can be used for transactions at merchants or cash
other consumer goods. BRI’s consumer credit provides withdrawals within the principal’s network. BRI credit Cards
competitive interest rates with a fast and secure process. The are available in various product variants to serve diverse
consumer credit products available at BRI in 2025 include: customer segments, ranging from mass market, mass-
1. Payroll Loan (BRIguna) affluent, affluent, to commercial clients. In its development,
Payroll loan is a loan facility provided to prospective BRI has launched multiple co-branded credit card products
debtors with repayment sources derived from fixed in parnership with startegic partnership present in various
income (such as salary or pension). The types of BRiguna product variants to serve the needs of diverse segments,
include BRIguna Karya, BRIguna Pra Purna, and BRIguna ranging from the mass market, mass affluent, affluent, to
Purna. commercial clients. In its development, BRI has launched
2. Housing Credit Program (KPP) multiple co-branded credit card products in partnership
KPR is a loan facility provided for financing the ownership with strategic partners to expand penetration across
of residential properties. It can be used for purchasing various digital ecosystems, including travel, e-commerce,
new or pre-owned properties, takeovers, construction, lifestyle, payments, and business solutions, leveraging open
and renovations. The eligible property types include banking models and API-based integration. To enhance
residential houses, shophouses (ruko), officehouses customer service and improve Service Level Agreement
(rukan), and ready-to-build plots. (SLA) efficiency, BRI has digitized the entire credit card
business process, from acquisition and underwriting to
portfolio management and collections. BRI Credit cards are
also compatible with QRIS transactions through the BRImo
application.
Table of Consumer Loan Business Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
BRIguna Loans 149,231,264 135,793,674 13,437,590 9.90%
Mortgage (KPR) 66,341,479 58,552,166 7,789,313 13.30%
Credit Card, Digital Lending, KKB, and Other 9,198,923 8,896,664 302,259 3.40%
Total Consumer Loan Business 224,771,666 203,242,504 21,529,162 10.59%
Funding Under Management (FUM) 242,087,443 205,072,210 37,018,233 18.05%
Business growth focused on top-tier debtors in each region, unit. BRIguna also offers various attractive and competitive
optimized by business opportunities within the debtor programs. Total BRIguna loan disbursements in 2025
ecosystem. This strategy has driven the expansion of the amounted to IDR35.7 trillion.
consumer credit segment, particularly BRIguna and KPR,
allowing them to grow competitively. BRIGuna loans in Meanwhile, mortgage loan growth was supported
2025 reached IDR149.23 trillion, recording positive growth by several initiatives, including business process re-
of 9.90%. Similarly, mortgage loans (KPR) grew by 13.30%, engineering through the digitalization of loan application
increasing from IDR58.55 trillion in 2024 to IDR66.34 trillion and loan origination processes via BRISPOT, as well as
in 2025. the development of the HOMESPOT digital platform as a
mortgage ecosystem engine, along with the BRI Property
The growth of BRIguna loans in 2025 was supported by the Expo mortgage marketing program held in various major
optimization of eligible leads from payroll customers and the cities throughout 2025. In addition, BRI’s FLPP mortgage
digitalization of processes. BRIguna loan applications can be program has disbursed 32,209 units, with total outstanding
submitted via mobile devices, while digital loan agreements mortgages of IDR16.16 trillion in 2025. BRI’s commitment is
enable customers to apply fully digitally through the BRImo demonstrated by the growth in mortgage disbursement over
Super App without the need to visit a BRI branch or work the past five years, averaging 13%, exceeding the industry
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average. BRI is the only Book IV bank with positive mortgage Consumer Business will adopt the theme The Most Trusted
Consumer Bank with Personalized Customer Experience to
market share growth in 2025.
achieve the aspiration while considering internal and external
conditions for 2026-2030. To support the achievement of
BRI remains committed to driving solid growth in other
these aspirations and considering BRI’s internal and external
consumer loans (credit cards, digital lending, and KKB).
conditions, from 2026-2030 BRI’s consumer business will
In 2025, credit card and digital lending grew IDR302.26
carry the theme Grow Stronger, Built to Last, Lead the Market
billion or 3.40% compared to 2024. This growth was driven
with a focus on 4 pillars (enablers), namely targeted source
by an increase in ETB acquisition penetration from 21%
of growth, robust risk management, operational and service
to 52% year-on-year, achieved through optimization of
excellence, and elevate people and organization, which
deposit leads, pre-washed schemes, and digital acquisition
ultimately aim to enhance expansion and business process
channels. Additionally, the growth was supported by a 140%
efficiency.
increase in QRIS CC transaction volume on BRImo.
To achieve the outlined objectives, BRI implemented the
Consumer Business Strategy for 2026
following strategic initiatives:
Ongoing digital transformation is pursued through the
1. BRI leveraged predictive analytics and integrated data
strengthening of retail banking capabilities and the
leads into digital platforms such as BRISPOT to enhance
enhancement of operational efficiency through the
marketing effectiveness, efficiency, and prudence,
refinement of business processes to drive the growth of
especially consumer loan products, (BRIguna, KPR,
the consumer business. In this regard, development efforts
credit cards, digital lending, and KKB), as well as wealth
are focused on optimizing the potential of BRI payroll
management product (investment and insurance).
customers as a source of high-quality growth. To achieve
BRI optimized its Customer Relationship Management
these consumer business aspirations, BRI continues to
(CRM) tools to ensure the availability and quality of data
focus on increasing market share through selective growth
leads, so BRI maximized the potential of core customer
and targeted expansion, leveraging various programs such
partnerships. It focused on prudent improvement of user
as BRIguna Loans, maintaining strong relationships with
experience and acceleration process, digitalization and
government ministries, Subsidized Housing Loans (KPRS),
integration (BRImo, PA, partners), lead management, and
and BRI Expo Mortgage Programs (KPR BRI Expo). These
business process and product improvements.
initiatives are implemented with a prudent risk management
2. BRIguna and KPR served as the primary engines for
approach to prevent deterioration in credit quality and to
portfolio growth to expand market share. In 2025,
encourage improvements in loan collectibility.
BRIguna focused on accelerating its business among
employees in State-Owned Enterprises (BUMN), Hospital,
Competitive Advantages and Innovations in Consumer
and reputable private companies, while maintaining
Business
its Business as Usual (BAU) strategy for government
Enhancing services and convenience remains a key driver
employees and retirees. Meanwhile, for KPR, to
of consumer credit growth, supported by the digitalization of
strengthen partnerships with top-tier national developers,
BRIguna and KPR credit processes. Efficiency improvements
BRI committed to developing a comprehensive mortgage
will be achieved through business process enhancement,
ecosystem platform (Homespot.id). This platform
including BRIguna Digital and HOMESPOT. With a vast
accommodated stakeholders in the property sector.
customer base and an extensive network across Indonesia,
Expansion will focus on high-yield products with well-
business process digitalization is crucial to ensuring
managed risk profiles (BRIguna for private-sector mid-
sustained growth. This initiative aims to simplify consumer
to high-income earners and pensioners, as well as Tier
credit services while maintaining prudent risk management.
1 mortgages), supported by a base of high-quality and
Currently, BRIguna holds the highest market leader, while
healthy leads.
BRI’s KPR ranks among top five largest mortgage providers
3. The demographic shift in the customer base has
in Indonesia.
positioned Gen Z as a new economic force that prioritizes
speed, transparency, and ease of digital access, while
Business Prospects and Consumer Loan Strategy for
the affluent segment remains a key driver of transaction
2026
volume and value through its high level of spending.
Digital technology and data advancement have transformed
Penetration of Existing to Bank (ETB) customers will
how the banking industry interacts with customers.
be one of the acquisition focuses to further increase
Increasing competition necessitates a deeper understanding
customer product holding, including within the High
of customer needs and behaviors. As one of Indonesia’s
Net Worth Individual (HNWI) segment. In response to
largest banks, BRI must enhance its capability to manage
these developments, in 2026 BRI Credit Card will focus
customer data optimally to provide relevant product
its strategy on revamping the product proposition for
offerings and strengthen customer loyalty. BRI’s Consumer
affluent and mass cards to enhance their relevance
Business encompasses a wide range of products and
and competitiveness, supported by the strengthening
services, including consumer loans, credit cards, and wealth
of a seamless customer journey in BRImo, as well as
management solutions. Its business strategy will align with
the optimization of activation and transactions through
BRI Group’s long-term aspiration for 2025-2029: The Most
trusted Lifetime Financial Partner for Sustainable Growth. BRI personalized campaigns based on data analytics.
262 PT Bank Rakyat Indonesia (Persero) Tbk.
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RETAIL FUNDING & RETAIL TRANSACTION PERFORMANCE SUMMARY
In an effort to win the retail banking competition and in features, including gold savings and mutual funds, are
line with the 2025 initiative, “Transform The Funding also available. These initiatives reflect BRI’s commitment
Franchise,” BRI continues to focus on strengthening to providing easy and comprehensive access to customer
its capabilities in retail funding and retail transactions services.
by enhancing the BRImo SuperApp. These efforts
include increasing the number of users, adding superior In addition, BRI remains focused on ensuring that
features, and maintaining system reliability to further customer transactions continue to circulate within the
enable customers to conduct seamless transactions. In BRI ecosystem by increasing the share and productivity
addition, BRI aims to enhance BRImo customer loyalty of EDC and QRIS merchants. Various initiatives have
by introducing a variety of new feature options. been undertaken to strengthen merchant acceptance,
including partnerships with strategic partners,
The BRImo Super App has become increasingly popular expanding merchant distribution in urban areas,
and has been used by 45.9 million customers, recording enhancing monitoring tools, and introducing superior
more than 5.6 billion transactions throughout the year with features to position BRI merchant transactions as the
a transaction volume of IDR7.08 trillion. This transaction primary payment choice.
growth is also in line with BRImo’s strategy to continuously
drive innovation through the utilization of technology to Through the various initiatives undertaken throughout
deliver more inclusive and efficient banking services, 2025 to enhance retail funding, Retail Savings growth
while providing greater value to customers, both in terms was evenly distributed throughout the year. This
of feature development and partnerships with various demonstrates that the efforts, strategies, and policies
strategic partners. BRImo transactions can now go beyond implemented to ensure that customer transactions
borders with the introduction of international transaction remain within the BRI ecosystem and to enhance
features, such as account opening using overseas mobile quality acquisition have successfully generated stable
phone numbers, fund transfers to more than 100 countries, and sustainable growth. In 2025, savings increased by
and QR payments in four countries—Singapore, Malaysia, IDR42.2 trillion, representing 2.5 times growth compared
Thailand, and Japan. The addition of lifestyle features also to the nominal increase recorded in the previous year.
enables customers to purchase airline tickets, train tickets, BRI remains optimistic that this positive growth trend will
as well as concert and football match tickets. Investment continue in the future.
RETAIL FUNDING BUSINESS
BRI offers a diverse range of retail funding products to meet - BritAma Mitra
the needs of all customers. Information on the types of retail A specialized savings account tailored for corporate
third-party fund products is presented as follows: partner customers. BritAma Mitra provides payroll
1. BRI Savings services for employees as one of its key features.
BRI offered various savings account products such as: - BritAma Rencana
BRI BritAma Savings A term savings account designed for customers
BritAma is a savings account designed for individual interested in investment or financial planning. It
customers, equipped with digital banking facilities features Automatic Fund Transfer (AFT), allowing
and an online real-time system that enables seamless customers to set their preferred transfer date and
transactions anytime and anywhere. Additionally, this target amount. Additionally, this account offers an
account comes with complimentary personal accident optional life insurance facility.
insurance coverage. BRI Junio Savings
- BritAma Bisnis It is a savings account designed to in still a saving habit
The necessity for higher transaction limits for retail and introduces digital transactions to children from
funding customers, both individuals and non- an early age. This account is bundled with a specially
individuals, can be satisfied with BritAma Bisnis, designed debit card featuring an attractive design.
which also offers free monthly administration fees.
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BRI Simpedes Savings also introduced scripless deposits to accommodate
Simpedes is a savings product for individual and non- customers with multiple deposit certificates. Instead
individual customers in Indonesian Rupiah, equipped with of physical documents, email notifications are given as
digital banking facilities and an online real-time system to ownership proof, allowing customers to manage their
facilitate convenient and seamless transactions. deposits more effectively and efficiently.
2. BRI Deposits 3. BRI Debit
An investment option available in various currencies, It is a payment card that facilitates both financial and
including Rupiah and foreign currencies, offering non- financial transactions. It can be used for offline
competitive interest rates with placement periods transactions at BRI or other banks’ EDC machines and
ranging from one to 36 months. This product is available supports online transactions through debit online (for
for individual and non-individual customers seeking merchants within the Mastercard network) and direct
higher returns than regular savings accounts. Deposits debit (for BRI-affiliated merchants). In addition to
can be opened via BRImo or at BRI branch offices, with physical debit cards, BRI now offers virtual debit cards,
two interest payment options: direct transfer to the which can be issued directly through SuperApp BRImo.
customer’s account or reinvestment into the principal These virtual debit cards enable secure transactions
deposit (add-on) in addition, BRI Time Deposits can at merchants, websites, or applications within the Visa
serve as a credible placement instrument for Foreign network.
Exchange Export Proceeds (DHE) for exporters. BRI
Table of Retail Funding Business Performance (Productivity)
(in IDR billion)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Third Party Fund 934,491 892,201 42,291 4.74%
Total CASA 701,759 643,658 58,101 9.03%
Savings 584,893 542,667 42,226 7.78%
Current Accounts 116,866 100,992 15,875 15.72%
The Total Retail third-party funds (DPK) in 2025 reached Competitive Advantages and Innovations in Retail
IDR934.49 trillion, an increase of 4.74% (yoy) compared to Funding
IDR892.20 trillion in 2024. This growth was primarily driven The acceleration of service transformation through the
by a 8.96% yoy increase in the Current Account and Savings synchronization of enhanced operational standards
Account (CASA), supported by savings growth of 7.78% and platform improvements represents a critical step in
year-on-year, equivalent to an increase of IDR42.23 trillion. strengthening the Company’s digital ecosystem. This
initiative is projected to exponentially expand the customer
Retail Funding Strategy for 2025 base and enhance customer loyalty, ultimately optimizing
The Retail Funding strategy focuses on diversifying sources a transaction-based and sustainable low-cost funding
of growth by enhancing collaboration across business structure.
segments and subsidiaries. This includes business
expansion through ecosystem-based payroll acquisition, Business Prospects and Strategies for Retail Funding in
corporate and company management penetration, as well as 2026
the optimization of low-cost funding driven by transaction In achieving Bank Rakyat Indonesia’s 2026 aspiration,
acceleration and digital channels. In addition, the strategy “Transform Funding Franchise,” the Retail Funding business
emphasizes deeper regional market penetration and the in 2026 will continue to focus on the same strategic direction
strengthening of sales force capabilities and productivity. as in 2025, with ongoing refinements and sustained emphasis
on diversifying sources of growth, as well as strengthening
collaboration across business segments and subsidiaries.
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RETAIL TRANSACTION BUSINESS - RTC
BRI continues to strengthen its digital payment ecosystem, Singapore, Malaysia, Thailand, and Japan. This feature
as reflected in the increasingly comprehensive penetration of expansion is designed to provide greater flexibility for
its transaction products. These range from its flagship mobile merchants and enhanced convenience for customers,
banking solution, BRImo, to various payment acceptance directly contributing to increased transaction volumes
products such as EDC Merchant and QRIS. The integration of and improved productivity within the digital ecosystem.
these services represents a key strategy in optimizing transaction 3. BRImo
volume growth to support more sustainable CASA growth. BRImo is a financial super app designed to fully
1. EDC Merchant support BRI’s digital service performance by providing
BRI’s EDC Merchant service now offers enhanced payment a comprehensive daily transaction platform. It offers
features designed to facilitate seamless transactions. In international transfer services to more than 100
addition to accepting domestic debit and credit cards, it also countries, as well as seamless cross-border QR payment
supports cross-border payments, enabling the acceptance capabilities. BRImo also features a range of investment
of various international card networks. The addition of solutions, providing customers with convenient options
contactless features on BRI EDC merchant ensures a more such as gold investment services (gold savings, gold
efficient and modern payment process, benefiting both buying and selling, gold installment, and gold pawn)
domestic customers and international visitors. and mutual fund subscriptions. BRImo has successfully
2. QRIS integrated urban lifestyle services through entertainment
BRI continues to strengthen its digital payment channel ticket payment features, including football match tickets,
offerings through QRIS. In addition to dynamic and padel court bookings, and concert tickets. By penetrating
static QRIS, BRI has introduced QRIS API solutions for various popular activities within the community, BRI
integration with cashier (POS) systems, as well as the aims to accelerate digital transaction growth while
innovative QRIS Tap feature. Furthermore, BRI QRIS now strengthening BRImo’s position as a comprehensive
enables cross-border transactions in four countries: financial and lifestyle solution.
Table of Retail Business Transaction Performance (Productivity)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
BRImo (million) 45.9 38.6 7.32 18.9%
BRImo Transaction (billion) 5.62 4.31 1.28 29.5%
BRImo Transaction Volume (IDR Trillion) 7,077 5,541 1,536 27.7%
In terms of retail transaction business performance in 2025, customer engagement and driving sustainable CASA-based
particularly for BRImo, the number of BRImo users increased by transaction contributions.
18.96% year-on-year, while transaction volume grew by 27.71%
year-on-year. This growth was supported by the increasingly Competitive Advantages and Innovations Retail
diverse and user-friendly features available on the BRImo Transaction Business in 2025
platform. Through continuous innovation, BRImo continues to Throughout 2025, BRI strengthened its competitive
strengthen its position as the preferred digital platform for the advantage in the banking industry through a holistic and
public, enabling users to meet their financial transaction and inclusive transformation of its payment ecosystem, with a
lifestyle needs in a manner that is practical, secure, and efficient. strategic focus on enhancing transaction innovation. This was
realized through the strengthening of BRImo’s capabilities as
Retail Transaction Business Strategy for 2025 a financial super app, offering a wide range of new features.
The Retail Transaction strategy in 2025 focuses on On the payment acceptance side, including EDC and QRIS,
strengthening sustainable transaction growth through BRI successfully upgraded its EDC Merchant infrastructure
enhancing digital channel productivity, accelerating to support contactless technology and expanded QR
penetration of potential merchants, and reinforcing BRImo payment features to enable cross-border transactions in four
adoption within the urban lifestyle segment. This strategy countries, such as Singapore, Malaysia, Thailand, and Japan.
is supported by simplified digital onboarding processes, Additionally, the introduction of the QRIS Tap feature has
strengthened capabilities, and strategic collaboration further enhanced transaction efficiency and convenience for
within the BRI Group ecosystem, aimed at increasing both business partners and customers.
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Business Prospects and Strategies for Retail Transaction implemented in the previous period as part of efforts to
Business in 2026 strengthen sustainable performance. This will be carried out
In achieving Bank Rakyat Indonesia’s 2026 Aspiration, through ongoing refinements while maintaining a focus on
“Transform The Funding Franchise,” the Retail Transaction diversifying sources of growth and enhancing collaboration
business in 2026 will continue the strategic direction across business segments and subsidiaries.
Corporate Segment
The Corporate Segment comprises the Corporate Business, Institutional Business, Transaction Banking Business, as well as
the Syndication.
CORPORATE BANKING BUSINESS PERFORMANCE SUMMARY
Amid global economic dynamics and increasingly 48.06%. Transaction value increased 36.29% year-on-
intense industry competition, the Corporate Banking year, and transaction frequency rose 33.77%, reflecting
Business recorded solid performance in 2025, while QLola’s increasingly dominant role in customer financial
continuing to uphold the principles of quality growth operations and its contribution to increasing fee-based
and risk discipline. Integrated transformation through income and operational efficiency.
human capital strengthening, digital acceleration,
and ecosystem orchestration was the foundation for Institutional Business (Ministries and Institutions, the
maintaining growth momentum while building a more Indonesian National Armed Forces (TNI), and the
resilient and sustainable business structure. Indonesian National Police (Polri) also demonstrated
positive performance throughout 2025. BRI maintained
As of December 2025, the Corporate segment loan its market leadership position with a 53.98% share
portfolio reached IDR352.02 trillion, growing 38.3% of work units and a 55.67% share of payroll. This
compared to IDR254.24 trillion in December 2024. achievement underscored Corporate Banking’s strategic
This growth was supported by financing aligned with role in supporting public sector financial services
government priority programs, particularly in priority while strengthening the funding base and institutional
sectors and related ecosystems. Asset quality remained business ecosystem.
strong through the application of prudent principles,
while the funding structure was strengthened through The 2026 Strategy Course
an increase in transaction-based CASA and disciplined Entering 2026, the Corporate Banking Directorate is
pricing that continued to support the growth of third- focusing its strategy on strengthening quality growth
party funds. and sustainable competitiveness through four key
priorities:
In terms of banking transactions, Corporate Banking 1. Driving Quality Growth through Strategic Client
continuously optimized cash management, trade Acquisition and Digital Excellence
finance, foreign exchange, virtual accounts, liquidity Focusing on strategic sectors such as the global
management, and supply chain financing services. supply chain, digital economy, healthcare,
This strategy focused on improving operating account renewable energy/ESG, energy and mining, FMCG,
management to drive transaction-based CASA and related ecosystems. Strengthening transaction-
growth, optimizing pricing, strengthening solution- based banking (trade finance, cash management,
led engagement, and combining an ecosystem-based foreign exchange, structured finance, syndication,
approach with cross-selling to ensure growth aligned and supply chain financing) to increase corporate
with increased profitability and sustainable cost CASA and reduce the cost of funds, supported
efficiency. QLola by BRI further strengthened its role as by accelerated process digitalization and the
an integrated primary transaction platform for corporate development of QLola’s capabilities as an integrated
customers. Throughout 2025, the number of users grew corporate platform.
36.3% year-on-year, with an increase in active users of
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2. Integrating Ecosystem and Elevating Customer HR readiness to face the increasingly dynamic and
Excellence complexities of corporate business.
Corporate Banking acts as a catalyst for opening 4. Robust Risk and Control
the cross-directorate value chain through the One Implementing selective growth discipline,
BRI Solution approach, orchestrating the ecosystem strengthening data-based early warning systems,
from Corporate to SMEs, Micro, and Ultra Micro, and enhancing governance and internal controls to
and enhancing a seamless end-to-end customer maintain asset quality and business sustainability.
journey.
3. Human Capital Transformation This strategy serves as the foundation for Corporate
Developing world-class bankers with competencies Banking to continue sound, competitive, and sustainable
in core credit, corporate finance, transaction growth, while strengthening its strategic role as a key
banking, digital, leadership, and ESG, while catalyst for BRI Group growth.
encouraging cross-functional exposure to ensure
CORPORATE BUSINESS 1. Project Garuda was the key foundation for Human
The Corporate Segment at BRI is managed by the Corporate Capital transformation through the development of
Banking Directorate which includes Corporate Business, world-class corporate and transaction bankers. This
Institutional Business, Transaction Banking Business, and program strengthened core competencies in the fields of
Syndication Business. The scope of Corporate Business core credit, corporate finance, and transaction banking
products and services includes deposit management, to ensure the readiness of Corporate Banking people to
providing various types of financing facilities, various face the complexity of global business and increasingly
transaction banking services, and business banking sophisticated customer needs.
services, as well as end-to-end banking services to meet the 2. In terms of digital, Project Palapa was realized through
various needs of corporate customers through an ecosystem strengthening QLola as an integrated corporate platform.
approach. To focus more on exploring and meeting customer Qlola was developed as a single interface for corporate
needs from upstream to downstream, since 2025, BRI has customers to access end-to-end transaction banking, trade
divided the management of corporate segment exposure finance, cash management, and treasury services solutions,
into several groups. Some of these groups include thereby improving client experience, process efficiency, and
Corporate Banking Group 1, Corporate Banking Group 2, BRI’s competitiveness in the corporate market.
Corporate Banking Group 3, and Corporate Banking Group 3. Project Cakrawala was focused on strengthening
4. Institutional customer management is carried out by the the role of Corporate Banking through an ecosystem
Institutional Business Group to meet transaction needs and approach. Corporate Banking took the role as a catalyst
optimizes the management of institutional funds. There that connects large corporate customers to the MSME
is also a Wholesale Transaction Banking Group, which segment, to create integrated and sustainable growth in
manages the development of cash, trade, and wholesale BRI Group segments.
digital platform products.
Through this transformation, the Corporate Banking Business
In 2025, the Corporate Banking Business initiated a more continues to strengthen a more solid, digital-driven, and
structured and impactful transformation phase as a strategic ecosystem-based business foundation. This initiative not
response to global economic slowdown, margin pressures, only enhances asset quality, expands wallet share, and
and intensifying competition in acquiring high-quality increases CASA and transaction-based fee-based income,
corporate clients. This transformation was comprehensively but also generates a multiplier effect on cross-segment
designed through three integrated strategic initiatives. growth within the BRI Group.
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Table of Corporate Segment Performance (Productivity)
(Bank Only, in IDR millions)
Growth
Description 2025 2024
Nominal %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Loans 352,023,981 254,239,892 97,784,089 38.46%
Savings 525,597,204 467,933,609 57,663,595 12.32%
Current Accounts 333,263,052 275,040,174 58,222,878 21.17%
Deposits 192,334,152 192,893,435 (559,283) 0.29%
Fee Based Income 3,888,420 3,170,934 717,486 22.63%
Based on the performance table above, the Corporate funds (CoF) are carried out by increasing CASA based on
segment loan portfolio in 2025 amounted to IDR352.02 operating account management, encouraging integrated
trillion, increasing 38.46% from IDR254.24 trillion in 2024. transaction banking solutions, and optimizing pricing in
Meanwhile, deposits in 2025 reached IDR525.60 trillion, a disciplined manner. This approach ensured optimal
which were dominated by current accounts (giro) amounting profitability and built a more sound and efficient funding
to IDR333.26 trillion. This performance is in line with the structure.
Corporate Segment’s focus on continuously strengthening 2. Ecosystem-Based Approach
CASA, as reflected in the increasing portion of current Encouraging domination of the value chain from anchor
account, which grew 30.88% year-on-year to IDR347.59 clients to open business opportunities for vendors,
trillion. Meanwhile, fee-based income from the Corporate distributors, and other business partners. Product
Business segment reached IDR3.89 trillion in 2025, growing bundling strategies, cross-selling, and integration of
22.63% compared to the previous year. financing and transaction solutions were conducted to
increase wallet share and strengthen CASA based on
Corporate Business Strategy for 2025 ecosystem activities.
The Corporate Banking Business continues to deepen 3. Acceleration of Digital Transaction Platform (QLola)
its business transformation by focusing its strategy on Accelerating the adoption of QLola as an integrated
strengthening business fundamentals through quality loan primary transaction platform, including end-to-end
growth, reduction of cost of funds, ecosystem strengthening, cash management, trade finance, treasury, and other
and enhancement of fee-based income. The key focus digital solutions. Increasing the adoption of QLola was
was directed at optimizing the funding structure through focused on deepening operating account management
increasing CASA from corporate customers’ operating and strengthening low-cost funds based on customer
accounts, expansion into new and expansive sectors, and transaction activities.
new-to-bank. This strategy was carried out in a disciplined 4. Strengthening Relationship and Seamless Customer
manner with an integrated ecosystem approach through Experience
the adoption of the QLola platform, which was supported Strengthening Relationship Manager capabilities in a
by increased human capital capabilities to ensure sound, solution-led engagement and proactive cross-selling
selective, and sustainable growth. approach, as well as ensuring that the onboarding
and servicing processes were more standardized and
To implement this course, the Corporate Banking’s 2025 efficient to increase customer retention and loyalty.
business strategies were focused on:
1. Quality Credit Growth and Funding Optimization Through this strategy, the 2025 Corporate Banking not only
Loan expansion on corporate customers with encouraged business volume growth, but also strengthened
strong fundamentals, high transaction potential, portfolio quality, more efficient funding structures, and
and downstream to MSMEs, including new-to-bank integration of ecosystems and digital platforms as the
customers. In line with this, efforts to reduce the cost of foundation for sustainable growth.
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Competitive Advantages and Corporate Business Innovations 2. Corporate Business Strategy
In maintaining competitiveness amid increasingly intense The onward challenges provide momentum for
competition and industry margin pressures, the Corporate BRI Corporate Banking to emphasize its strategic
Banking Business continues to pursue continuous differentiation by encouraging quality and sustainable
improvements by strengthening employee capabilities and growth through strengthening strategic customer
promoting differentiation based on solutions, ecosystems, acquisition, ecosystem integration, transforming HR
and digital capabilities. Competitive advantage is built not capabilities, and strengthening overall risk management.
only on business scale, but also on the ability to deliver a. Driving Quality Growth through Strategic Client
integrated solutions that are relevant, agile, and value-adding Acquisition and Digital Excellence
for corporate clients. - Focus on acquiring quality corporate customers
in key growth sectors (global supply chain and
Corporate Banking’s innovation service strengthened downstreaming, digital economy, healthcare,
structured finance, syndication, ESG-linked financing, and renewable energy/ESG, FMCG, to encourage
supply chain solutions capabilities to increase wallet share sustainable growth, strengthen asset quality, and
and provide comprehensive financial solutions for customers. increase CASA and fee-based income.
End-to-end data and process integration through QLola and - Digitalization of business processes and
other digital platforms ensured a seamless, scalable service increasing transaction banking capabilities
experience and provided better visibility and control over through integration of cash solutions, trade
cash flow and financial exposure, so it supported faster and finance, treasury, ESG-linked financial solutions,
more informed business decisions. The approach confirmed structured finance, syndication, and supply chain
Corporate Banking’s commitment to continuously innovate, solutions to increase wallet share.
maintain relevance, and ensure customers receive more - Mastery of operating accounts to build
effective, efficient, and competitive services. In addition, this transaction-based CASA.
advantage was the foundation for maintaining relevance, b. Integrating Ecosystem, Elevating Customer
strengthening customer loyalty, and encouraging sustainable Excellence
growth for BRI Group. - Supported by the strength of the BRI Group’s
network and integrated capabilities, Corporate
Business Prospects and Corporate Business Strategy for Banking acts as a catalyst for opening cross-
2026 directorate value chains through the One BRI
A description of the Corporate Business’s 2026 business Solution approach, orchestrating financing
prospects and future business strategies is as follows: needs, transactions and liquidity management
1. Business Prospects as a whole in every link of the business chain
Entering 2026, global economic growth is projected to (principal, supplier, to buyer), thereby creating
slow below historical trends, around ±3.3%, (IMF), due to a connected, efficient ecosystem and forming
the prolonged weakening of global trade and investment. close-loop transactions from the corporate to
Domestically, although Indonesia’s growth remains solid micro segments.
at around ±5%, the manufacturing PMI is below the - Digital initiative to present integrated corporate
expansion level (<50), indicating that production activity solutions, with QLola as the main platform
and real demand have not been completely strong. In in transforming Corporate Banking services
the banking industry, competition for quality corporate through the use of AI and data analytics.
customers (prime customers) is increasingly intense, c. Human Capital Transformation
prompting the relaxation of non-price terms such as - Signatured human capital curriculum and
more flexible covenants, transaction bundling, and more development program for fit-for future world
competitive structured banking, while margin pressure is class Corporate Bankers in the fields of core
reflected in the compression of KBMI 4 bank profitability, credit, corporate finance, transaction banking,
even though business volume is relatively stable. This digital, leadership, and ESG.
condition requires BRI Corporate Banking to prioritize
selective growth based on asset quality, strengthening
transaction-based CASA, optimizing fee-based income,
and disciplined risk management to maintain sustainable
profitability.
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- Cross-functional exposure to strengthen d. Robust Risk and Control Framework
collaboration and business acumen, as well as - Strengthening the early warning system and
targeted competency development to ensure sector-based monitoring portfolio.
HR readiness to face the increasingly dynamic - Comprehensive integration of credit risk, portfolio
complexity of corporate business. risk, and operational risk management.
INSTITUTIONAL BUSINESS
BRI plays a significant role in institutional business by providing government marketplace, collaboration platforms), and
banking products and services for state institutions funded others), as well as value chains (vendor financing, domestic/
by the State Budget (APBN). The banking solutions offered foreign loans, bank guarantees, and more) and other banking
include deposit management services (current accounts and services tailored to meet the needs of institutions, thereby
time deposits), salary and performance allowance distribution serving the entire business ecosystem. The institutional
for civil servants (ASN), social assistance distribution, clients served include Government Ministries/Agencies, the
state revenue collection (taxes, non-tax state revenue, and Military (TNI), the Police (POLRI), State Insurance Agencies,
others), and digital banking services (QLola, virtual account, Public Service Agencies, and State Universities.
Table of Institutional Business Performance (Productivity)
(in IDR million)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current account 52,902,628 44,327,501 8,575,127 19.34%
Deposit 74,276,190 63,342,352 10,933,838 17.26%
In 2025, Institutional Business Current Accounts reached Institutional Business competitive Advantage and
IDR52.90 trillion, growing by 19.34% compared to IDR44.33 innovation
trillion in 2024. This increase aligns with the Company’s Institutional Business has collaborated in digitized state
strategy to boost low-cost fund collection through financial services through various products, including the
transaction-based activities by optimizing institutional client virtual account of a Ministry/Agency work unit supported by the
businesses. Meanwhile, Institutional Business Time Deposits QLola transaction platform, the Government Credit Card (KKP)
in 2025 amounted to IDR74.28 trillion, increasing by 17.26% or Indonesia Credit Card (KKI), and active involvement in the
yoy digitalization of financial platforms across Ministries/Agencies.
Institutional Business Strategy in 2025 Business Prospects and Institutional Business Strategy
BRI’s Institutional Business aligns with stakeholder policy for 2026
directions as a key source of business growth. This includes The business prospects of Ministries/Institutions remain
various strategic programs such as Free Nutritious Meals promising, as many untapped opportunities are available.
Program (MBG), Red and White Village and Sub-district BRI has been strong in the Employee Expenditure and Social
Cooperatives (KDKMP), People’s Schools (Sekolah Rakyat), Assistance Expenditure for Ministries/Institutions. Going
food security, energy security, free nutritious meals, forward, BRI has planned to work on the capital and goods
downstream investment, Export Proceeds (DHE), and others. expenditure value chain for Ministries/Institutions, including
Institutional Business focuses on growing CASA (current vendor financing, bank guarantees, employee loans, DPLK
accounts), maintaining Cost of Fund (DPK) efficiency, acting (Financial Services Institutions), custodians, and trustees,
as a bridge for other BRI business segments to engage transforming them into a business ecosystem within the
value chain in institutional business, and establishing digital related business sectors. In addition, BRI is increasingly
banking platform collaborations with institutional clients. building various government digital platform collaborations,
270 PT Bank Rakyat Indonesia (Persero) Tbk.
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because they are the largest component in the transformation the end beneficiaries, the entire process will be managed
of state financial management. The Institutional Business more effectively to create a sustainable ecosystem. BRI’s
will also enhance performance by optimizing the flow of Institutional Business has become increasingly efficient by
state budget (APBN) funds from upstream to downstream, successfully increasing CASA and maintaining the Cost of
which has not yet been fully optimized. Starting from budget Fund (DPK) amid intense interest rate competition.
disbursement by Central Ministries/Agencies through to
TRANSACTION BANKING BUSINESS
The Transaction Banking Business has played a crucial general financial transaction needs or can be customized
role as one of the main pillars in ensuring the continuity of according to the client’s requirements.
BRI’s operations in 2025 and in the future. The significant 2. BRI Current Account
role of transaction banking is to accelerate fund collection This is a deposit product that serves the transactional
and increase fee-based income. The target segment needs of clients, with facilities for withdrawals through
for transaction banking business is companies and/or vouchers (cheques/bilyet giro) and can also be accessed
institutions with complex financial transaction needs that are via ATM or digitally through QLola Cash (Qcash).
closely related to liquidity management. 3. BRI Trade Finance
This is a comprehensive and integrated export-import
The products and services offered by the Transaction service for exporters/importers, either through Letters of
Banking Business include the following: Credit (L/C), Non-L/C, or Domestic Documented Credit
1. QLola by BRI Letters (SKBDN). These services are also fully integrated
It is a banking financial service solution based on the end-to-end with the QLola platform as a digital trade
internet, featuring a user interface or in the form of web feature.
services connected to the client’s system. The services 4. BRI Bank Gurantee
offered can be platform-based. Platform-based service This is a bank guarantee service (contingency) both
features include receivables, liquidity, payment, supply local and international, in the form of facilities provided
chain, trade, and guarantee features, with advantages to customers, including insurance guarantees, non-cash
such as user friendly, real-time, and sufficient security loans, cash collateral, and counter-guarantees. These
features (hard and soft tokens). Meanwhile, non- services are also fully integrated end-to-end with the
platform-based transaction features include web QLola platform, featuring Digital BG.
services and virtual accounts (BRIVA), which support
Table of Transaction Banking Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Trade Finance Volume and Bank Guarantee 813,999,244 1,100,371,827 (286,372,583) (26.03%)
Trade Finance Revenue and Bank Guarantee 3,510,649 3,224,516 286,133 8.87%
Cash Management Volume (include QLola Cash
14,044,889,677 9,733,442,971 4,311,446,706 44.30%
Management)
Revenue Cash Management
2,465,869 1,909,837 556,032 29.11%
(Incl. BRIVA, BI-Fast & Other CM)
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The performance of Transaction Banking in 2025 has Competitive Advantage and Innovation in Transaction
generally shown improvement. This can be seen from Banking
the volume of trade finance and bank guarantees, which The competitive advantage and innovation in Transaction
increased by 8.87%. The growth in trade finance and bank banking focus on product digitization and integrated solutions,
guarantees was supported by various improvements in one of which is the QLola platform. QLola is an innovative
operational procedures, and products, and the digitization integrated corporate solution platform that simplifies clients’
of trade and guarantee services on the QLola platform. access to various BRI products and services with a single
Customer transactions through the QLola platform, login. The single sign-on access features of QLola include
particularly cash management, also increased during 2025. cash and trade products, supply chain management, foreign
Cash Management Revenue increased by 29.11%, along with exchange, investment services, financial dashboards, and
an increase in Cash Management Volume (including BRIVA, other services. The goal of the competitive advantage
QLola Cash Management and others) by 44.30%. and innovation in Transaction Banking products is to
have superior value propositions in the market, making it
Transaction Banking Business Strategy for 2025 increasingly reliable for generating fee-based income and
The Transaction Banking Business Strategy for 2025 was To low-cost funding derived from transactions. Combining
Accelerate the Future by Developing Best in Class Product, competitive advantages and innovations in Transaction
which included: Banking products and services provides clients with greater
1. Driving Targeted Revenue Expansion through Export convenience, security, and efficiency, thereby supporting
Proceed (DHE) and Qlola Optimization. overall business growth.
Strengthening business foundations through tactical
programs to increase acquisition and utilization of Giro Business Prospects and Strategy for Transaction Banking
DHE and QLola transactions, while building a more in 2026
diversified pipeline of new segments and existing The Role and Strategy of the 2026 Transaction Banking
customers. Business are as follows:
2. Building Critical Talent and Digital-Driven Commercial 1. Capturing Supply Chain to Expand Transaction Banking
Capabilities. Footprint.
Completing talent needs through fulfilling strategic Strengthening market penetration through optimizing
positions, implementing regional transaction banking wallet share in strategic areas and accelerating
hiring and upskilling programs, as well as establishing a customers acquisitions in priority sectors.
task force to encourage increased activation and cross- 2. Strengthening Advisory and Analytics Capabilities.
selling of QLola. Establishing stronger advisory and analytical capabilities
3. Completing Core Digital Remediation and Platform through the formation of a Treasury Advisory Team,
Readiness. strengthening the data analytics function, and developing
Finishing QLola’s fundamental improvements, including a more proactive and responsive client service model.
remediation of existing issues and mobile application 3. Establishing an End-to-End Integrated Digital Transaction
development, as well as continuing the digitalization of Ecosystem.
BRIspot Lending until completion. Accelerating digital transformation through the
4. Embedding Structured Performance Management and development of QLola as an integrated platform for Cash,
Risk-Aligned Execution Trade and FX solutions, equipped with superior features
Building a more disciplined framework through that support cross-border transaction needs and client
implementing sales metrics models, optimizing fee- activity monitoring.
based income identification, routine risk and control 4. Embedding Structure Market Activation and Client
forums, and leadership alignment. Service Management.
Improving the go-to-market approach through
strengthening solution selling materials, more targeted
branding activation, and implementing voice of client as
a structured feedback mechanism.
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SYNDICATION, PROPERTY, AND PHARMACEUTICAL
BUSINESSES
The Syndication, Property, and Pharmaceutical Businesses, BRI actively participates in the banking syndication market
together with the Non-Bank Financial Services, Multinational at both national and international (Asia Pacific) levels. BRI’s
Company, and Digital and Services Group, manage portfolios Syndication Department possesses strong competencies
focused on several business lines and strategic industry and experience in initiating and leading syndicated loans
sectors, including the following: (as arranger and loan structuring) as well as managing
1. The syndication business management services are syndicated loans through agency services. The high level
managed by the Syndication Business Department, of trust placed in BRI to act as Mandated Lead Arranger
covering arranger and loan structuring functions, as throughout 2025 serves as concrete evidence of BRI’s
well as agency services (facility agent, escrow account active role in providing financing across various sectors,
agent, and security agent services). including infrastructure, manufacturing, energy, oil and gas,
2. The Financial Institution Department plays a role in petrochemicals, plantations, and mining. This is also aligned
managing business in the non-bank financial services with BRI’s syndication business focus and strategy to support
sector, such as Special Mission Vehicles, the Ministry green financing and multi-sector strategic government
of Finance, insurance and guarantee institutions, capital projects in order to achieve equitable and sustainable
markets, and others. development throughout Indonesia.
3. The Multinational Company Department manages
businesses related to foreign investment in Indonesia, For other businesses beyond Syndication, we play an active
including the multifinance sector and Foreign Direct role in providing comprehensive banking financial services,
Investment (FDI). including the provision of credit facilities (cash loans and
4. The Pharmaceutical and Property Department non-cash loans), corporate fund management, transaction
focuses on managing businesses in the property and support through QLola products, as well as other financial
pharmaceutical sectors in Indonesia. services tailored to customer needs. The comprehensive
5. The Digital and Services Department manages solutions offered by BRI contributed to the Bank’s overall
businesses in the digital and other services sectors, performance in generating fee-based income, increasing
including financial technology, economic zone Loan assets, and growing deposits as a source of funding,
management, and the BRI Group ecosystem. with the following productivity:
Table of Syndication, Property, and Pharmaceutical Business Productivity
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fee Based Income 334,515 288,042 46,473 16.13%
Outstanding loan 21,738,236 18,719,869 3,018,367 16.12%
Total Savings 100,328,963 41,946,561 58,382,402 139.18%
During 2025, the Syndication, Property, and Pharmaceutical was generated from the provision of syndicated loan services
Businesses recorded total fee-based income of IDR334.52 and the extension of credit facilities to customers to support
billion, increasing by IDR46.47 billion or 16.13% compared to the operational activities in the business sectors managed by the
achievement in 2024. The majority of this fee-based income Syndication, Property, and Pharmaceutical Businesses.
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The total loan portfolio managed by the Syndication, have also penetrated the digital and services sectors, including
Property, and Pharmaceutical Businesses as of 2025 the Indonesian data center ecosystem and digital wallets, as
amounted to IDR21.74 trillion, growing by 16.12% or IDR3.02 well as exploring business opportunities and development with
trillion compared to the previous year. On the other hand, multinational companies and industrial estates in Indonesia.
total deposits in 2025 reached IDR100.33 trillion, reflecting a
significant increase of 139.18% or IDR58.38 trillion compared Competitive Advantages and Business Innovations of the
to 2024. Syndication, Property, and Pharmaceutical Business
The enhancement of the quality of BRI’s banking products and
Focus and Strategy of the Syndication, Property, and services, supported by the improvement of the capabilities and
Pharmaceutical Businesses in 2025 competencies of BRI Employees, constitutes a competitive
The Syndication, Property, and Pharmaceutical Businesses advantage over competitors. Fast, solution-oriented services
also played an active role in supporting corporate loan that are able to meet customer needs represent an innovation
disbursement through syndicated financing schemes, to support future business growth. n the syndication sector,
selectively targeting flagship projects, including Government BRI’s agency business has expanded its services as an agent
priority projects (Astacita of the President of the Republic for offshore lenders in financing activities in Indonesia. In
of Indonesia) in infrastructure, plantations, and mining other sectors, BRI continues to deepen penetration within
downstream projects. customer ecosystems through product innovation and
integrated solutions to drive sustainable business growth, as
To support this strategy, the enhancement of the capabilities well as expanding collaboration with various stakeholders,
and competencies of relationship business managers in including the Government, associations, and other institutions,
the syndication business, particularly in understanding in developing future business opportunities.
corporate business profiles and financing through Green
Loan schemes structured in accordance with Asia Pacific Business Outlook and Strategy of the Syndication,
Loan Market Association (APLMA) standards, strengthened Property, and Pharmaceutical Business in 2026
the arranger and agency functions in capturing business In 2026, Corporate Banking 4 (CB4) Group will implement
opportunities, expanding networks, and improving overall several key strategies to capture business opportunities,
transaction efficiency. including accelerating the acquisition of high-performing
customers (top-tier clients), focusing on CASA growth and
On the other hand, the Syndication, Property, and increasing the utilization of BRI’s digital platforms in customer
Pharmaceutical Businesses are maximizing portfolio growth for business transactions, actively participating in the initiation
existing, high-performing customers and focusing on business and management of syndication business services, and
expansion within Indonesia’s top-tier multifinance ecosystem. creating new business opportunities through collaboration
The Syndication, Property, and Pharmaceutical Businesses with multinational companies.
Other Segments
Other segments include Treasury & International Banking, which cover business activities in Treasury and International Banking,
including Overseas Offices (UKLN), as well as Capital Market Services (Investment Services) and Others, which consist of
income and expenses arising from equity participation activities other than investments in subsidiaries, as well as income and
expenses that are not allocated to any business segment.
Summary of Treasury & International Banking Business Performance
The Treasury & International Banking (TIB) Business strengthening BRI’s overseas network, and delivering
comprises three main pillars, namely Treasury Business, solutions for customers across other business segments.
International Business, and Investment Services (Capital
Market Support Business), supported by liquidity and To support the achievement of the BRIvolution Reignite
funding management enabler activities that strengthen BRI’s framework as the foundation for sustainable transformation,
bank-wide funding structure. This also includes overseas the TIB has also adaptively transformed its role from
channels consisting of Overseas Offices (UKLN) and Bank merely balancing the Bank’s liquidity to becoming a profit
Representatives (BR). TIB continues to optimize its crucial generator. This transformation is carried out through more
role in ensuring efficient bank liquidity management, serving efficient liquidity management, strengthened product
as a profitability center derived from non-loan transactions, penetration, and expanded coverage areas to enhance
providing expertise in capital market services, facilitating competitiveness and support the Bank’s business through
bank lines and correspondent banking relationships, non-core activities.
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Throughout 2025, global economic dynamics marked by significant challenges and turbulence led to highly volatile
market movements. Nevertheless, the TIB was able to capitalize on this volatility as an opportunity to generate profit.
The combination of treasury business activities through securities and foreign exchange (FX) transactions, agile and
efficient liquidity management, expansive international business operations, as well as adaptive capital market support
services resulted in notable achievements in 2025, as outlined below:
Table of Treasury & International Banking (TIB) Business Income
(in IDR billion)
Component 2025 2024 2023 2022 2021
Total Interest Income 19,108 17,630 16,639 16,230 14,945
Treasury Interest Income 17,399 16,238 15,637 15,839 14,886
International Business Interest Income 1,709 1,392 1,002 391 59
Total Fee Based Income (FBI) 1,149 943 775 644 548
International Business FBI 757 583 452 357 276
Investment Services FBI 392 360 323 287 272
Total Treasury Income 5,423 3,270 2,310 2,609 4,925
Spot and Derivatives Income 2,041 1,115 428 1,018 1,736
Capital Gain 3,382 2,155 1,882 1,591 3,189
Overseas Unit Profit 1,002 643 340 499 467
Total 26,682 22,373 20,052 20,079 20,884
The year-on-year (yoy) performance improvement was and remittance services, supported by the provision of bank
driven by the growth of all business activities within lines and strong risk management to expand counterparty
the TIB amid relatively volatile market movements access. Meanwhile, investment services activities comprise
throughout 2025. Total Treasury Income recorded an all- custodian services, investor fund accounts (RDN), trustee
time high of IDR5.42 trillion, supported by income from services, bond trustee services (wali amanat), and pension
foreign exchange transactions (Spot and Derivatives), fund management (DPLK).
which grew by 83.05% yoy, and income from securities
transactions (capital gains), which increased by 56.94% Non-loan interest income within the TIB also grew by
during the same period. 8.38% yoy amid the global trend of declining interest
rates. This reflects the optimal management of non-loan
Total Fee-Based Income (FBI) also recorded positive assets within the TIB Directorate. The solid performance
growth of 21.84% yoy, mainly contributed by revenues from was further strengthened by the strong contribution
international banking activities and capital market services from Overseas Units (UKLN), which recorded the
(investment services). International business activities highest profit in the past five years, reaching IDR1 trillion,
include correspondent banking, money changer services, or growing by 55.52% yoy.
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Management Discussion and Analysis on Bank Performance TREASURY BUSINESS Treasury products and services constitute one of BRI’s main Amid the dynamics and challenges of economic conditions pillars in realizing its role as a comprehensive one-stop throughout 2025, BRI Treasury consistently provided financial solution for individual and corporate customers. BRI financial solutions that were appropriate, relevant, and value- continuously develops Treasury products and services that added for customers. In general, customer needs include are customer-driven, while adhering to internal and external foreign exchange (forex) transactions, money market, fixed regulations and upholding prudential principles and risk income, and hedging-related transactions. management. 276 PT Bank Rakyat Indonesia (Persero) Tbk.
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1. Foreign Exchange 3. Fixed Income
Trading between one currency and another with a Investment products with fixed income rates in the form
specific settlement date. Foreign exchange products of debt securities or bonds trading services, issued by
include Today Transaction (TOD), TOM, and Spot the Government or private entities through primary or
transactions. secondary markets.
2. Money Market 4. Derivative Product
According to Bank Indonesia Regulation (PBI) Number Transactions based on a contract or payment agreement
6 of 2023 concerning the Money Market and Foreign whose value is derived from underlying instruments
Exchange Market, the Money Market is part of the such as interest rates and exchange rates. These
financial system related to the issuance and trading of transactions may be conducted in the form of forwards
financial instruments or debt securities with maturities of or other derivative instruments, either with or without the
no more than one (1) year in Rupiah and foreign currencies, movement of funds or instruments.
playing a role in monetary policy transmission, financial
system stability, and payment system efficiency.
Table of Treasury Bussiness Revenue
(Bank Only, IDR million)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Security Gain 3,409,979 2,154,744 1,255,235 58.25%
Forex Gain 1,901,348 1,114,871 786,477 70.54%
Total Treasury Revenue 5,423,159 3,269,615 2,153,543 62.45%
In 2025, Treasury activities adapted to global and domestic needs are expected to be the cornerstone of Treasury
economic challenges. This was reflected in the increase in performance in 2024, amidst uncertain market and economic
non-interest income in 2025, supported by the reprofiling conditions, ensuring Treasury’s continued contribution
of Treasury assets and dynamic foreign exchange portfolio to BRI’s performance under various liquidity, market, and
management by leveraging market volatility and momentum, economic conditions.
amid the declining trend in The Fed’s policy rate and Bank
Indonesia’s benchmark rate. In 2025, the 10-year benchmark Treasury Business Strategy for 2025
government bond yield closed at 6.07%, compared to In 2025, Treasury’s business strategy focuses on several key
7.02% in December 2024. This condition presented both areas, including:
opportunities and challenges in maintaining performance 1. Adaptive asset and liability management, considering
from securities trading activities while continuing to prioritize liquidity, market, and credit risks, while supporting core
prudent portfolio and risk management. Accordingly, business growth. To meet liquidity needs and capitalize
deeper penetration of existing products and marketing of on market conditions, BRI issued non-third party funds
new products to customers became key focuses to drive instruments, including sustainable thematic securities.
sustainable non-interest income as a source of Treasury 2. Treasury-linked transactions based on Loan pipelines,
revenue. trade finance, and funding, whereby each realized
transaction did not stop at facility disbursement but
Treasury business development in 2025 focused on also created embedded Treasury product opportunities,
strengthening the capabilities and quality of marketing thereby increasing transaction volumes, deepening
personnel to increase Client-based transactions supported customer relationships, and contributing sustainable
by customer-driven products as solutions for customer income for BRI.
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3. The establishment of a Regional Treasury Team as an 9. Bank Indonesia – Appreciation of JIBOR Contributing
initiative to strengthen customer proximity and improve Banks
the effectiveness of Treasury transaction acquisition and 10. KEHATI ESG Award 2025 – Best Debt and Project
management. This initiative aimed to increase business Financing - Issuer/Borrower 2025
penetration in individual, High Net Worth Individual
(HNWI), and corporate segments through a more BRI continues to foster an innovative culture, including
focused, responsive, and customer-oriented approach. enhancing Treasury activities that align with visi in 2025 of
4. Enhancement of business services and exploration of becoming a Market Leading Bank in Treasury and Global
Treasury products supported by continuous digitalization Services with Sustainable and Meaningful Contribution to BRI
processes in line with customer needs (customer-driven Group. Several innovation activities carried out throughout
products), through optimization and utilization of various 2025 are as follows:
digital channels such as BRImo, QLola (QCash), APIs, 1. Enhancement of repo margin management through
other e-channels, and enhancement of BRIefx. These the use of Tri-Party Agent (TPA) repo to strengthen
efforts were reinforced by increased collaboration with risk mitigation, transparency, and business process
related Business Units in developing new products and efficiency.
services, as well as strengthening human capital quality 2. Selective optimization of corporate securities portfolios
to support sustainable Treasury business growth. as underlying repo transactions to support liquidity
5. Developing structured products and interest rate- management, accompanied by improved Treasury core
based derivative products as a means of exploring new system infrastructure capabilities
products to meet customer needs. 3. Utilization of Bank Indonesia Floating Rate Notes (BI-
FRN) to optimize excess liquidity while considering
Treasury Business Competitive Advantages and measured interest rate risk.
Innovations 4. Enhancement of operational risk management aspects
BRI’s competitive advantage, with a network spread through business process efficiency in transaction
across all regions in Indonesia, is one of the key drivers for services for the utilization of Natural Resources Export
increasing Treasury’s client base, especially in the retail Proceeds, integrated into the Treasury system.
segment. The establishment of the Regional Treasury Team 5. A funding plan for issuing non-DPK instruments is used
(RTT) by BRI has served as a positive catalyst in expanding to meet BRI’s liquidity needs. The issuance of non-DPK
service coverage and enhancing the effectiveness DNA of funding is conducted tentatively while still considering
Treasury services to customers. In addition, BRI Treasury the growth of DPK, loans, and market conditions. This
continuously develops human capital capabilities as part of includes the issuance of Long Term Notes (LTN) for
its commitment to strengthening the foundation of optimal Tapera credit financing and Green Bonds for MSME
and sustainable Treasury activities that are aligned with financing, and Commercial Papers (SBK) to support
future business needs. In 2025, BRI Treasury received short-term bank financing and deepen Indonesia’s
several awards for its performance and contributions to the financial market.
financial market, including:
1. The Asset Triple A Awards for Sustainable Finance – Best Business Prospects and Treasury Strategy for 2026
Issuer for Sustainable Finance The 2026 Treasury business strategy aims to support
2. Alpha Southeast Asia - Best FX Bank for Hedging BRI’s core business to become Market-Leading in Treasury
requirements (Corporates and FIs) 2025. Activities, Driving Sustainable Growth and Meaningful
3. Alpha Southeast Asia – Best FX Bank for Structured Contributions Across the BRI Group. Amid global dynamics
Products: Treasury Yield Enhancements 2025. characterized by economic policy uncertainty and rising
4. Asian Banking and Finance Wholesale Banking Awards – geopolitical risks, as well as limited interest rate cuts
Indonesia Domestic Foreign Exchange Bank of the Year compared to 2025, BRI Treasury will optimize an adaptive and
5. Asian Banking and Finance Wholesale Banking Awards – agile approach to proactively capture market opportunities
Indonesia Domestic Green Financing Bank of the Year while maintaining measured risk management. BRI Treasury
6. LSEG FX Award Indonesia 2025 – Best State Bank will focus on active and agile portfolio management,
7. Bank Indonesia – Best Supporting Bank for Rupiah Money accompanied by client base expansion by segment and
Market Development region, particularly through strengthened coverage in
8. Bank Indonesia – Best Policy Transmission Partner Bank Medan, Surabaya, and Jakarta. In addition, BRI Treasury will
for Rupiah Monetary Operation Target Achievement actively develop products and innovations aligned with client
needs and economic growth, including serving as Main Bank
for Special Accounts of Export Proceeds (Reksus DHE) and
developing structured products.
278 PT Bank Rakyat Indonesia (Persero) Tbk.
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INTERNATIONAL BUSINESS
BRI has the capability and experience to serve customers’ c. LC/SKBDN confirmation business, which is
financial activity needs including products and services an additional guarantees from BRI provided to
in the International Business sector. The development of beneficiaries for LC/SKBDN issued by a counterpart
International Business at BRI is supported by Correspondent bank (issuing bank).
Banking, Cross Border Payment, and Banknotes services, d. Trade asset participation business, which is an
as well as by the Overseas Channel Management and acquisition of part or all receivables (bank risk or
Development Department, which supervises all BRI Overseas country risk) with underlying trade finance based on
Business Units, and the Bank Line Management Department a master risk participation agreement.
as a supporting unit for International Business services. e. Banker acceptance, which is a short-term liquidity
facility provided by BRI as a lender or funding bank
BRI’s International Business services are also supported to a counterpart bank with an underlying trade LC/
by overseas operational units located in New York-USA, Non-LC.
Cayman Islands, Singapore, Hong Kong, Dili-Timor-Leste, f. Bank-to-bank forfaiting business, which is an
and TaipeiTaiwan. Additionally, BRI’s Head Office has acquisition of receivables (payment claims) without
representatives abroad to facilitate referral business for recourse based on underlying trade finance
BRI’s Head Office products and services, Overseas Business transactions under Uniform Custom Rules for
Units, and BRI Group, as well as to communicate with all BRI Forfaiting (URF).
stakeholders (customers, shareholders, regulators, etc.) in g. Bank loan, which is a loan facility provided by BRI
form of BRI bank representatives located in Malaysia, South to Correspondent Banks to meet liquidity needs in
Korea, Japan, Hong Kong, China, Saudi Arabia, the UAE, either rupiah or foreign currency.
Germany, and the USA 2. Cross-Border Payment Business Products
Cross-border payment (fund transfer) can be defined
BRI’s International Business is supported by professional as the movement of funds across countries from the
personnel who hold internationally recognized product originator of payment to the beneficiary of payment.
specialist certifications, such as Certified International This service includes incoming Cross Border Payment
Trade Finance (CITF), Certificate for Specialists in Demand (Cooperation and Non-Cooperation) and Outgoing Cross
Guarantees (CSDG), and other relevant certifications that are Border Payment integrated with BRI digital channels.
regularly renewed. BRI’s International Business collaborates a. Incoming Cross Border Payment (partnership and
with more than 1,200 correspondent banks worldwide, commercial)
providing services in more than 140 foreign currencies, and - Incoming partnership-based is a fund transfer
partnering with over 100 remittance companies globally. service from abroad to Indonesia using the
These services are further supported by operational units BRIfast application through BRI’s overseas
across 38 provinces in Indonesia. BRI also facilitates foreign counterpart channels, primarily sourced from
exchange trading transactions in 22 foreign currencies remittances of Indonesian migrant workers (PMI).
across all operational units. - incoming non-partnership-based is a fund
transfer service from abroad to Indonesia using
BRI offers comprehensive and up-to-date international the SWIFT platform, typically linked to underlying
business products and services, including the following: trade transactions (export-import).
1. Correspondent Banking Business Product b. Outward Cross Border Payment
a. Bank guarantee issuance under counter guarantee, This service enables fund transfers abroad in foreign
which is an Issuance of local bank guarantees to currencies, including domestic transfers using
bouwheer based on a counter guarantee received foreign currencies.
from a correspondent bank.
b. LC/SKBDN refinancing business, which is a short-
term financing by a funding bank for L/Cs issued by
BRI (issuing bank).
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c. Global MT 940 and MT 101 Services c. BRI Cayman Islands Branch
A service facility to accommodate SWIFT service BRI Cayman Islands Branch was established in
needs for non-bank multinational companies, 1992 and holds a Type B license from the Cayman
especially those that have a network of business Islands Monetary Authority (CIMA). BRI Cayman
units in Indonesia. Islands Branch focuses on providing Loan facilities
3. Banknotes Business Products for corporate and government financing needs, trade
a. Banknotes Purchase and Sale Transactions: These finance services supporting customers’ international
are transactions for the purchase and sale of trade activities, as well as treasury transaction
foreign banknotes (UKA) physically through money management and execution. This branch supports
changers, supported by marketing staff who have BRI’s strategy in delivering competitive and efficient
certification in the relevant field. financial solutions, including funding structure
b. Cash Withdrawal and Deposit of Banknotes: These optimization.
are transactions involving the withdrawal and deposit d. BRI Singapore Branch
of banknotes into and from foreign currency savings BRI Singapore Branch (BRISG) was established in
accounts of customers, served at the operational 2015 with a wholesale banking license, functioning
units of BRI. as BRI’s trade finance hub serving trade transactions
c. Same Currency Transactions: These are transactions between Indonesia and Southeast Asia. The opening
where banknotes are bought and/or sold to other of the BRI Singapore Branch also supports BRI’s
banks/ counterparts with the same currency payment effort to follow customer business operating in
and competitive exchange rates. Southeast Asia (SEA). Its business activities include
4. Overseas Channel Management and Development loan services, trade finance, and treasury related to
Overseas channel management and development is the Indonesian business activities.
department responsible for managing and developing e. BRI Timor Leste Branch
BRI’s overseas branches (UKLN), including business BRI Timor Leste Branch (BRITL) holds a Level B license
planning for foreign operations, fostering business from Banco Central de Timor-Leste (BCTL) and has
relationships, liaison functions for business and been operational in Dili, Timor Leste since March
operational needs, and monitoring and evaluating the 14, 2017. BRI Timor Leste offers products including
performance of these overseas branches. The list of BRI Loans, deposits (savings, current accounts, time
overseas branches is as follows: deposits), treasury services (money market, foreign
a. BRI New York Agency exchange, securities management), remittance,
Established on April 8, 1988, with a foreign agency trade finance, bank guarantees, safe deposit boxes,
license, BRI New York Agency is BRI’s first overseas and financial consultancy services. Transactions
branch, serving customer business by facilitating are conducted in multiple currencies. Currently, BRI
loan transactions, trade finance, treasury, cross- Timor Leste operates three Sub-Branches located in
border payments, and settlement in USD. It also helps Audian, Hudi Laran, and Fatuhada.
promote BRI’s MSMEs (Micro, Small, and Medium f. BRI Taipei Branch
Enterprises) in the U.S. market to domestic banks BRI Taipei Branch is the official representative of
and other foreign banks. BRI New York Agency also PT Bank Rakyat Indonesia (Persero) Tbk in Taiwan,
provides USD clearing services to domestic banks having obtained a full license as a foreign retail bank
and foreign banks. from the Banking Bureau – Financial Supervisory
b. BRI Hong Kong Representative Office Commission, Republic of China (Taiwan), and
Established in 1989 as the second overseas commenced operations on November 30, 2021. The
working unit, BRI Hong Kong holds a license as branch is committed to providing retail and corporate
a Representative Office. The BRI Hong Kong banking services, including deposit products, Loan
Representative Office’s role is to represent the BRI facilities, trade finance, international remittance
Group in communicating with all BRI stakeholders services, as well as various financial solutions and
in Hong Kong. The BRI Hong Kong Representative other banking products.
Office also helps to promote BRI’s MSMEs in the
Hong Kong and China markets.
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Annual Report
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5. Bank Line Management
Bank line management is a department responsible for managing the limits provided to counterpart banks used for trade
finance, , Correspondent Banking Business, and treasury transactions, which can be committed or uncommitted. Some
activities performed by this department include:
a. Macro conditions and country risk analysis of counterparts.
b. Analysis and recommendation for banking line facilities.
c. Due diligence on counterpart for bank line facilities.
d. Monitoring counterparty performance and bank line utilization to enhance yield.
Table of International Business Performance (Productivity)
(in IDR billion)
Growth
Description 2025 2024
Nominal %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Volume International Business 2,888 2,792 96 3.44%
(in IDR billion)
Jumlah Transaksi International Business 16.98 15.18 2 11.86%
(in IDR billion)
Revenue International Business 2,462 1,848 614 33.23%
(in IDR billion)
International Business recorded significant performance Business Units and BRI money changer outlets. Cross Border
growth throughout 2025. International Business revenue Payment Business contributed revenue supported by the
reached IDR2.46 trillion, growing by 32.23% compared to growth of international trade transactions and cooperation
IDR1.85 trillion in 2024. This revenue growth was aligned networks with partners worldwide, with the largest
with and supported by increases in transaction volume and transactions originating from the Indonesian Diaspora in
transaction frequency as follows. countries such as Malaysia, Singapore, Brunei, Taiwan, Hong
Kong, South Korea, Japan, the United Arab Emirates, and
The International Business transaction volume reached Saudi Arabia.
IDR2,888 trillion, representing a 3.44% increase compared
to IDR2,792 trillion in 2024, in line with the 11.86% year-on- Strategi International Business Tahun 2025
year growth in international business transactions. Uraian strategi International Business Tahun 2025 dijabarkan
sebagai berikut:
This performance growth was driven by three International
Business segments: Correspondent Banking Business, 1. Cross Border Payment Business Strategy
Cross Border Payment Business, and Banknotes Business. Committed to delivering Incoming and Outgoing Cross
Correspondent banking business made the largest revenue Border Payment services through the following initiatives:
contribution from bank-to-bank transactions with underlying a. Integration of system networks with global Money
trade, such as trade asset participation, refinancing LC/ Transfer Operators (MTOs) to enhance service
SKBDN, bank-to-bank forfaiting, bankers’ acceptance, bank capabilities.
loans, as well as the issuance of bank guarantees based b. Expansion of outgoing/international transfer service
on counter guarantees from correspondent banks and channels through digital SuperApps platforms to
confirmation LC/SKBDN. Banknotes Business contributed increase retail market penetration.
revenue from money changer services across operational
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Management Discussion and Analysis
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c. Bank Representatives (BR) act as catalysts for 5. Bank Line Management Strategy
Indonesian-related businesses to utilize BRI’s a. Development of the BRISPOT Bank Line application
products and services. to accelerate the initiation and decision-making
processes for bank lines.
2. Banknotes Business Strategy b. Support for bank line facilities to meet the needs of
a. Digitalization of money changer transactions to Trade Finance, International Business, and Treasury,
enhance services at operational units and Money while maintaining credit quality.
Changer outlets. c. Banking industry updates for countries with high
b. Expansion of the retail banknotes market to meet the exposure or elevated risk.
needs of foreign tourists, Umrah and Hajj pilgrims, d. Strengthening policies and risk management through
and business travelers. the review of internal regulations aligned with
c. Expansion of services at international airports, prevailing external regulations.
international seaports, and cross-border posts with
high traffic potential. Competitive Advantages and Innovations of the
International Business
3. Correspondent Banking Business Strategy The competitive advantages and innovations of the
a. Increasing transaction volumes through the International Business are outlined as follows:
onboarding of new correspondent banks and the
optimization of existing correspondent banks, 1. Cross Border Payment Business
supported by sound risk management practices. a. Competitive Advantages
b. Risk measurement in Correspondent Banking - Presence of Bank Representatives and
activities by considering market conditions, bank subsidiaries in key destination countries for
soundness, bank ratings, reciprocal business, and Indonesian Migrant Workers (PMI), including
benchmark interest rates. Malaysia, South Korea, Japan, Hong Kong
c. Provision of alternative funding solutions for (China), Saudi Arabia, and the United Arab
BRI’s wholesale customers through LC/Non-LC Emirates.
Refinancing Business instruments. - Availability of Bank Representatives and
d. Enhancement of Relationship Manager (RM) capacity subsidiaries in major destination countries for
through collaboration with BRI Corporate University PMI placements.
in product specialist education and certification - A network of more than 100 global counterparts
programs. to support cross-border transfer services.
- Outgoing cross-border payment services
4. Overseas Channel Management and Development available through QLola and BRImo, supporting
Strategy transactions in more than 140 foreign currencies.
a. Acting as business intermediaries between BRI Head
Office, BRI Group, and Overseas Offices. b. Innovations
b. Enhancing international business and treasury - Multiple channels for outgoing transactions
transactions, as well as strengthening BRI New through SuperApps BRImo and QLola.
York Agency as a USD clearing service provider in - Incoming cash disbursement services through
Southeast Asia. BRILink Agents.
c. Strengthening the role of BRI Singapore Branch as a - Incoming transaction applications developed in
Financial and Trade Hub in Southeast Asia. collaboration with BRI counterparts.
d. Digitalization of services to support BRI Taipei Branch
as a payment gateway for the East Asian market. 2. Banknotes Business
e. Strengthening BRI Timor Leste’s business through a. Competitive Advantages
segment diversification and the addition of temporary - A service network at Indonesia’s entry and exit
outlets. points, including airports, seaports, and Cross-
f. Supporting the promotion of Indonesian MSMEs Border Posts (PLBN).
overseas and the implementation of the follow-the- - Competitive exchange rates supported by a fast
customer business concept. negotiation process.
- Professional banknotes stock management,
supported by adequate infrastructure and
specialized personnel.
- A broad service network across BRI operational
units, including weekend banking services.
282 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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- Providing services in 22 major global currencies, 5. Bank Line Management
namely USD, EUR, AUD, JPY, SGD, GBP, SAR, a. Competitive Advantages
THB, HKD, CNY, NZD, AED, MYR, BND, CHF, The bank line initiation function is separated from
KRW, PGK, CAD, TWD, PHP, INR, and VND. the marketing function (four-eyes principle), allowing
for more focused bank line management to enhance
b. Innovations services for customers and stakeholders.
- Cashless money changer services through QRIS
and BRIVA. b. Innovations
- Development of BRI Money Changer outlets at Automation of the bank line initiation process
airports, seaports, and border areas. through the development of the BRISPOT Bank Line
- Development of a service ecosystem for Umrah application.
and Hajj travel agencies.
Business Outlook and Strategy of the International
3. Correspondent Banking Business Business in 2026
a. Competitive Advantages The BRI International Business Group continues to enhance
- A global correspondent network with more than productivity amid global uncertainties while maintaining
1,200 banks worldwide. service quality to meet customers’ business needs. Efforts
- Comprehensive correspondent banking products to increase revenue contribution are pursued through higher
to support both borrowing and lending needs. transaction volumes in correspondent banking, cross-border
- A wide operational network supported by payment, and banknotes businesses. To support these
competent marketing and operational personnel. objectives, BRI’s International Business has formulated the
- Support from Overseas Offices and Bank following strategies for 2026:
Representatives.
1. Cross Border Payment Business
b. Innovations a. Business Outlook
- Implementation of diverse correspondent - The incoming remittance business from
banking products to support the liquidity needs Indonesian Migrant Workers (PMI) continues to
of domestic and foreign banks. demonstrate strong prospects due to the large
- Same-day service for the issuance of Bank and recurring remittance flows, including to rural
Guarantees based on Counter Guarantees. areas.
- Expansion of the global counterpart network to
4. Overseas Channel Management and Development increase both incoming and outgoing transaction
a. Competitive Advantages volumes.
- Availability of financing, products, and services - Expansion of the retail-based customer base
for export-import businesses. through BRImo and QLola platforms.
- Access to global banking services, including - Increased incoming BRIFast Cash transactions
USD Clearing Services. from walk-in customers.
- Digital banking services for both retail and
wholesale customers abroad. b. Business Strategy
- Support for MSME development toward - Penetration of prospective PMI customers during
international markets. the pre-departure stage as a pipeline for new
- Acting as a business catalyst for other business service users.
segments through referral business activities. - Integration of system networks with Global
- Strong business relationships with banking and Money Transfer Operator (MTO) companies to
non-banking institutions in each respective expand service capabilities.
country. - Development of outgoing remittance services
through BRImo (retail segment) and QLola
b. Innovations (corporate segment).
- Development of new products and services across - Expansion of new country corridors to capture
BRI’s overseas channels. potential incoming remittance transactions.
- Digitalization of banking products and services. - Expansion of remittance services through
- Collaboration with various institutions to enhance e-wallets, BRILink Agents, and digital savings
business matching and referral activities. platforms.
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Management Discussion and Analysis
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2. Banknotes Business banks, while strengthening collaboration with BRI
a. Business Outlook Regional Offices, relevant Wholesale Groups, and
- Potential expansion of the service network at entry BRI Overseas Channels.
points to Indonesia via land, sea, and air routes. - Active front-loading of transactions that generate
- Strengthening of the retail segment supported by interest income to optimize yield enhancement in
BRI’s E-Channel services (QRIS and BRIVA). Correspondent Banking Business transactions.
b. Business Strategy 4. Overseas Channel Management and Development
- Digitalization of money changer transactions a. Business Strategy
through the development of QRIS and BRIVA - Exploration of new business opportunities through
transaction services to enhance the effectiveness upgrading the licenses of overseas channels.
and efficiency of transaction services. - Strengthening existing businesses to optimize
- Collaboration with AMPHURI to acquire transaction assets and liabilities.
flows from Umrah and Hajj pilgrims as well as travel - Market expansion into new regions.
agencies. - Assessment of potential countries for the
- Establishment of money changer outlets at airports, establishment of new overseas channels.
seaports, and Cross-Border Posts (PLBN). - Development of new products for both corporate
- Rebranding of potential operational units located in and retail customers.
tourism areas and commercial centers. - Enhancement of referral business activities and
- Digitalization of transactions through QRIS and internship programs for BRI employees in overseas
BRIVA. channels.
- Implementation of employee internship programs
3. Correspondent Banking Business to further enhance BRI’s human capital capabilities.
a. Business Outlook
- Government strategic projects create opportunities 5. Bank Line Management
for the issuance of Bank Guarantees under Counter a. Business Strategy
Guarantee schemes. - Enhancement of the BRISPOT Bank Line application
- Potential decline in benchmark interest rates to accelerate bank line initiation and approval
provides opportunities for BRI to increase asset processes.
acquisition through secondary market transactions, - Optimal support in providing bank line facilities
including participation as a lender in Trade Asset to meet the needs of International Business and
Participation, Refinancing LC UPAS/UPAU, and Treasury, while maintaining credit quality.
Interbank Forfaiting transactions. - Business process efficiency through the review of
bank line initiation and approval processes.
b. Business Strategy - Banking industry updates for countries with high
- Active participation in strategic projects by exposure or elevated risk levels.
providing Bank Guarantee issuance services - Strengthening risk mitigation through periodic
based on Counter Guarantees from correspondent monitoring of counterparty performance.
CAPITAL MARKET SUPPORTING BUSINESS
The Investment Services Business focuses on developing
investment support services across two business The products and services offered by the Capital Market
ecosystems, namely the human resources ecosystem Supporting Business include the following:
for customers and the capital market investment support 1. Financial Institution Pension Funds
ecosystem. Within the human resources ecosystem, the The Financial Institution Pension Fund of Bank Rakyat
Financial Institution Pension Fund (DPLK) assists both Indonesia (DPLK BRI) was established on March 26,
corporate and individual customers in preparing for financial 2004, based on the Decree of the Board of Directors
well-being during retirement. Within the capital market of PT Bank Rakyat Indonesia (Persero) Tbk No. B.140-
investment support ecosystem, BRI provides several flagship DIR/KUI/TRY/03/2004 dated March 26, 2004, and was
services, including custodian bank services, trust and approved by the Minister of Finance of the Republic
corporate services, and trustee services. of Indonesia No. KEP-97/KM.6/2004 dated May 24,
2004 Currently, DPLK BRI is one of the largest DPLKs
284 PT Bank Rakyat Indonesia (Persero) Tbk.
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in Indonesia, with a widespread network and the most 3. Trustee Services
comprehensive pension product and program services. BRI obtained permission to act as Trustee by being
To enhance its services, DPLK BRI has obtained ISO registered with BAPEPAM (now the Financial Services
9001:2015 International Certification. Authority) No.08/ STTD WA/PM/1996 dated June 11,
1996. BRI is highly experienced in the trust business and
DPLK BRI administers several programs, including: is trusted by various Indonesian State-Owned Enterprises
• BRI Defined Contribution DPLK Program (SOE), banks and other corporations to issue obligations
• BRI Post-Employment DPLK Program and Medium-Term Notes (MTN). BRI understands its
• BRI Health Fund DPLK Program duties as Trust provider to represent and protect the
interests of bond or MTN holders in accordance with
DPLK BRI has comprehensive and diverse investment provisions in the Trust agreement.
options that may be selected by Participants, including
the following: Scope of Trustee Services includes:
• Money Market • Trustee
• Fixed Income • Security Agent
• Equity • Monitoring Agent
• Sharia Money Market
• Sharia Balanced Fund 4. Trust and Corporate Services
The BRI Trust Services represent custodial services for
For conventiona investment package options, Financial customers’ assets in the form of financial assets held for
Institution Pension Funds BRI also has a Combination and on behalf of the customers. BRI was the first bank in
feature where participantscan determine their own Indonesia to obtain approval from Bank Indonesia to provide
desired combination according to each participant’s risk Trust Services in Indonesia, based on Bank Indonesia Letter
profile. No. 15/19/DPB1/PB1-3 dated February 12, 2013, and the
confirmation letter from Bank Indonesia No. 15/30/DPB1/
2. Custodian Service PB1-3 dated March 19, 2013.
BRI has conducted custodian services since 1996
based on operational license through the Decree of Scope of BRI Trust Services includes:
the Chairman of Bapepam No. 91/PM/1996 dated April • Paying Agent Services
11, 1996, and has been appointed as Sub Registry • Loan Agent Services
for Government bond transactions and SBI Scripless • Investment Agent Services
administration by Bank Indonesia.
BRI currently provides Trust Services for financial
Custodian services include: transactions related to oil and gas (O&G) projects, including
• Safe keeping services and portfolio valuation those undertaken by Contractors under Cooperation
• Settlement handling Contracts (K3S) operating under the supervision of SKK
• Income collection services, including tax payment Migas, as well as non-K3S projects.
• Corporate action and proxy services
• Reporting services In addition to providing Trust Services, BRI also offers
• Custody services for Unit Link and DPLK Corporate Services, such as Paying Agent and Escrow
• Custodian services for asset securitization Agent services for sectors outside the oil and gas industry,
• Global custodian services for securities issued including infrastructure, energy, trade, and the chemical
overseas industry.
To enhance its services, BRI Custodian has become
a direct member of Euroclear, holds Sharia Custodian
Certification, provides Multi-Share Class features
for mutual funds, and has obtained ISO 9001:2015
International Certification.
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Table of Capital Market Supporting Services Business Performance (Productivity)
(in IDR Mllion)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fee-Based Income 391,640 360,101 31,539 8.76%
Custodian Management Assets 1,612,600,051 1,412,304,310 200,295,741 14.18%
DPLK Management Assets 30,634,529 26,912,513 3,722,016 13.83%
Fee-based income from the capital market support services 2. Custodian Services
business in 2025 reached IDR391.64 billion, an increase of a. Customization, services that can be adjusted to meet
8.76% compared to 2024, which reached IDR360.10 billion. the specific needs of clients, including reports that
Custodian assets under administration in 2025 amounted to can be aligned with their requirements.
IDR1,613 trillion, an increase of 14.18% compared to 2024 of b. One-stop service, a comprehensive service
IDR1,412 trillion. DPLK assets in 2025 amounted to IDR30.6 model through relationship officers that provides
trillion, an increase of 13.83% compared to 2024 of IDR26.91 convenience and ease for clients.
trillion. This achievement is in line with the increased c. Reliable, supported by a robust information
customer penetration and the expansion of the customer technology system and experienced professionals
base carried out in 2025. in accounting, tax and reporting, settlement, and
compliance.
Capital Market Supporting Services Business Strategy in d. Experienced, with a proven track record in managing
2025 a diverse range of securities, mutual funds, unit-
The Capital Market Support Services business in 2025 has linked products, Fund Management Contracts (KPD),
the following strategies: asset- backed securities, and private placements.
1. Business process digitalization initiatives e. Global network, connected to the international
2. Strengthening collaboration with related group entities central securities depository Euroclear for global
and subsidiaries. securities transactions.
3. Enhancing resilience in risk management, compliance, f. Competitive fees, custodian service fees tailored to
and GCG the complexity of the services provided.
g. Extensive network, BRI Custodian collaborates with
Competitive Advantages and Business Innovations of trusted asset managers and the entire BRI network,
Investment Services Business both domestically and internationally, ready to assist
The competitive advantages and business innovations of the in finding solutions for clients’ investment needs.
Investment Services Business are described as follows: 3. Trustee Services
1. Financial Institution Pension Fund (DPLK) a. Trusted to serve as the custodian for over 150 bond
a. Providing the most comprehensive DPLK programs issuances and 52 issuers.
(Defined Contribution, Post-Employment, and Health b. Consistently adhering to all regulations since being
Fund). registered as a trustee in 1996.
b. Providing system integration between corporate HC c. Experienced in managing a diverse range of
applications and DPLK BRI. business sectors, including banking, multifinance,
c. Offering a pre-retirement program for employees infrastructure, real estate, mining, healthcare,
approaching retirement. energy, media, and more.
d. Providing digital accessibility (one-stop solution) d. Possessing top-tier human resources to effectively
through BRImo. perform duties and responsibilities as a trustee.
e. Offering affordable contribution schemes and 4. Trust and Corporate Services
flexible top-up options via BRImo, e-wallets, and a. Experienced in managing client funds as a paying
other banks. agent and escrow agent in the real estate and oil &
gas sectors.
b. Experienced as an escrow agent in syndicated/
bilateral loans.
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c. Experienced in managing international clients as an business challenges and dynamic situations of national and
escrow agent or security agent. global economies. BRI’s Capital Market Support Services
d. Equipped with a reliable and experienced team and business is also committed to increasing the company’s
infrastructure. revenue contribution through the enhancement of fee-based
e. Providing top-tier human resources to provide income. To achieve this, the Investment Services Division of
solutions based on the clients’ needs. BRI in 2026 has the following strategies:
1. Business process digitalization initiatives.
Business Prospect and Strategy for Capital Market 2. Enhancing collaboration with related group and
Supporting Services Business in 2026 subsidiary companies.
The BRI Capital Market Supporting Business continues 3. Enhancing resilience in risk management, compliance,
to strive to improve the productivity in the midst of rising and GCG.
Subsidiary
The Subsidiaries Business Segment comprises conventional banking, financing, remittance services, life insurance, general
insurance, venture capital, securities brokerage, and investment management. BRI has 10 subsidiaries, namely PT Bank
Raya Indonesia Tbk (formerly PT Bank Rakyat Indonesia Agroniaga Tbk), BRI Global Financial Services Co. Ltd. (formerly BRI
Remittance Co. Limited Hong Kong), PT Asuransi BRI Life, PT BRI Multifinance Indonesia, PT BRI Danareksa Sekuritas (formerly
PT Danareksa Sekuritas), PT BRI Ventura Investama, PT BRI Asuransi Indonesia (formerly PT Asuransi Bringin Sejahtera
Artamakmur), PT Pegadaian, PT Permodalan Nasional Madani, and PT BRI Manajemen Investasi (formerly PT Danareksa
Investment Management). The performance overview of BRI’s Subsidiaries is presented as follows.
PT PT Bank Raya Indonesia Tbk, hereinafter referred to as (Dapenbun) in Jakarta, BRI officially became the Controlling
“Bank Raya” or “the Bank,” was established by Dana Pensiun Shareholder of PT Bank Agroniaga Tbk, and the Bank’s name
Perkebunan (Dapenbun) on September 27, 1989, under the was changed to PT Bank Rakyat Indonesia Agroniaga Tbk,
name PT Bank Agroniaga, hereinafter referred to as Bank with the commercial name BRI Agro.
AGRO. It is expected to play a significant and strategic role
in the development of the agribusiness sector in Indonesia, On September 27, 2021, the General Meeting of Shareholders
with the Bank’s loan portfolio predominantly allocated to the (GMS) approved the name change of the Bank to PT Bank
agribusiness sector, both off-farm and on-farm. Raya Indonesia Tbk, with the commercial name Bank
Raya. The Bank received the Approval for the Use of the
Bank AGRO subsequently became a public company listed Business License under the name PT Bank Rakyat Indonesia
on the Indonesia Stock Exchange based on Bapepam-LK Agroniaga Tbk to PT Bank Raya Indonesia Tbk through the
Letter No. S-1565/PM/2003 dated June 30, 2003, resulting copy of the Deputy Commissioner of Banking Supervision
in the company’s name change to PT Bank Agroniaga, Tbk. In I, OJK Decision No. Kep-65/PB.1/2021 dated November 1,
2006, Bank AGRO upgraded its status to a Foreign Exchange 2021, via Letter No. S 426/PB.12/2021 dated November 5,
Commercial Bank based on Bank Indonesia Governor’s 2021. Additionally, the Bank received approval for the logo
Decree No. 8/41/Kep. GBI/2006 dated May 8, 2006. Then, change from OJK through Letter No. S-250/PB.31/2021
on March 3, 2011, with the signing of the Share Acquisition dated November 9, 2021, regarding the Approval of the
Deed of PT Bank Agroniaga, Tbk. between PT Bank Rakyat Bank’s Logo Change.
Indonesia (Persero), Tbk. (BRI) and Dana Pensiun Perkebunan
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To strengthen the Bank’s positioning as the digital bank of In accordance with the Extraordinary General Meeting
the BRI Group, on November 1, 2023, Bank Raya effectively of Shareholders (EGMS) of PT Bank Rakyat Indonesia
adopted a new logo as its corporate identity, incorporating Agroniaga Tbk, Deed No. 23 dated September 27, 2021,
the words “Bank” and “BRI Group” into the logo. This approval was granted for the amendment of the Company’s
logo change is in accordance with OJK Letter No. S-83/ Articles of Association, Article 1, paragraph (1), to change the
PB.212/2023 dated November 1, 2023, regarding the Plan to Company’s name from “PT Bank Rakyat Indonesia Agroniaga
Change the Logo of PT Bank Raya Indonesia Tbk. Tbk” with the commercial name BRI AGRO, to “PT Bank Raya
Indonesia Tbk” with the commercial name Bank RAYA.
Table of PT Bank Raya Indonesia Tbk Performance (Productivity)
(in IDR Millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Loan 7,715,323 7,125,951 589,372 8.27%
- OS Digital Loan 3,066,598 2,290,476 776,122 33.88%
- Digital Loan Distribution 28,759,174 20,575,738 8,183,436 39.77%
Total Third Party Fund 9,544,986 8,133,782 1,411,204 17.35%
- Digital Fund volume 2,206,120 1,318,967 887,153 67.26%
Total Asset 13,211,298 13,158,236 53,062 0.40%
In 2021, Bank Raya began its transformation into a digital the value proposition of digital loan products, particularly
bank by providing digital product services that had the through integrating digital loan products with partners,
characteristics of a small ticket size (smaller), short especially digital platform providers. Additionally, for digital
term (shorter) and fast digital based services (faster). savings, this includes the development of Raya for Business
This transformation aimed to optimally capture business and Raya for Community. Furthermore, Bank Raya has also
opportunities in the MSME segment in Indonesia, primarily optimized business growth through scale-up and scope-up
by focusing on providing digital banking services to the strategies, both within the internal ecosystem and externally
micro and small segments. With the transformation process within the BRI Group.
that focused on digital business development, this resulted
in changes to the structure of Bank Raya’s asset and liability In 2025, the performance of Bank Raya’s digital products
portfolio, such as the composition of digital-based assets continued to show improvement. This was reflected in the
and liabilities was increasing compared to the non-digital increase in total assets, which rose from IDR13.15 trillion
portfolio. in December 2024 to IDR13.21 trillion, representing 0.40%
year-on-year growth. This increase was mainly driven by
To be a digital bank that provides digital banking services to the growth in total lending, which reached IDR7.71 trillion in
the micro and small segments, Bank Raya has implemented December 2025, up from IDR7.12 trillion in December 2024.
several strategic steps for both digital loan and digital Meanwhile, total Third-Party Funds (TPF) also recorded
savings products. These include strengthening the business growth, increasing from IDR8.13 trillion in 2024 to IDR9.54
fundamentals by introducing innovations that enhance trillion, representing 17.35% year-on-year growth.
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The performance of Bank Raya’s digital products also 6. Improving embedded finance that integrates banking
demonstrated significant growth. Bank Raya’s digital loans services, including open API, white labeling, and loan
consistently increased from IDR2.29 trillion in December channeling.
2024 to IDR3.06 trillion in December 2025, representing an 7. Integrating technology and business through the
33.88% growth yoy. Digital deposit volume also increased development of fraud detection for all digital products.
from IDR1.32 trillion in December 2024 to IDR2.20 trillion in 8. Enhancing the credit scoring engine by utilizing
December 2025, growing by 67.26% yoy. machine learning for digital lending products.
9. Supporting and developing the bank’s technology
The growth in digital loans and digital deposits demonstrates infrastructure through initiatives such as adopting
that Bank Raya’s transformation into a digital bank has hybrid cloud technology (public and private
been progressing well and has had a positive impact on the cloud), upgrading security tools (privileged access
structure of Bank Raya’s business portfolio. However, the management, mobile security, security awareness
transformation process, which focuses on the development tools), and other initiatives.
of digital business, has brought changes to the overall 10. Improving governance processes through the
portfolio of Bank Raya’s business. formulation and evaluation of supporting policies,
including market conduct, partnership feasibility, and
PT Bank Raya Indonesia Tbk Strategy in 2024 other relevant policies.
Bank Raya’s strategy for 2025 was to focus on strengthening 11. Strengthening the second line of defense through the
its business fundamentals and improving the quality of implementation of Business Risk Management (BRM).
assets and deposits through the optimization of the internal 12. Enhancing risk awareness culture through the
business ecosystem within the BRI Group. Several strategic implementation of a risk culture framework.
steps that were taken during the strengthening period were 13. Creating new sources of growth (new engine of
as follows: growth), with an initial focus on transaction and
1. Strengthening the value proposition of digital savings savings solutions.
products through the development of: 14. Creating and developing new markets beyond the
a. Raya for Business for fund management, transactions, internal business of BRI Group.
and payroll for business operators. 15. Scaling up existing business operations and expanding
b. Raya for Youth for fund management and transactions the scope of business beyond the previous period.
for the younger generation. 16. Collecting customer transaction data to develop
c. Raya for Community for fund management and customer behavior profiling for use in the credit
transactions for communities. scoring engine.
d. Virtual card.
e. Financial wealth management through the PT Bank Raya Indonesia Tbk Competitive Advantage
development of investment features and DPLK and Innovation
(Pension Fund Management). In seeking to achieve its business targets, Bank Raya has
2. Confirming the value proposition of digital lending several main strength factors so that it is able to compete
products through product enhancements, including: in the Indonesian banking industry, as follows:
a. Integration of digital lending products with partners, 1. Digital bank with a strong O2O network throughout
particularly digital platform providers. Indonesia with BRI Group synergy.
b. Expansion of the digital lending product structure to 2. Digital saving products with various features and
meet customer needs. conveniences according to people’s needs, as well as
3. Implementation of hybrid collection by combining digital lending products that can meet various customer
technology and human intervention (WA blast, robo calls, needs, both to meet consumer needs, bailout funds for
and field collection). productive businesses, invoice/vendor financing, and
4. Continuous development and marketing of Raya Open supply chain financing for micro and small businesses.
API and Acquiring QRIS.
5. Developing Laku Pandai services to enhance financial
inclusion.
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3. Bank Raya is part of the BRI Group, so it can optimize strengthen productive sectors in Indonesia, provide
the business potential of the BRI Group in the MSME a stimulus for small and medium-sized enterprises
Segment, including for the loan segment through (SMEs), and create new job opportunities. Therefore,
collaboration with the BRILink Agent ecosystem, workers for banks, focusing on the distribution of productive
from companies with payroll at BRI, supply chains from loans is a strategic step to support the economy
BRI Group businesses, as well as for segments savings while also enhancing their portfolio in the long term.
through Raya collaboration and the BRImo application, The distribution of SME loans in Indonesia has also
cash in cash out transactions via BRI e-channel and experienced rapid growth, with a CAGR of 5.77%
BRILink Agent. over the past five years. However, this growth still
4. Increasing technological and information capabilities to does not cover the loan distribution to all potential
support solid business growth, including through the SMEs. Around 70% of SMEs have not yet utilized
development of big data technology, the development of credit products from banks or other financial service
a Fraud Detection System (FDS), the development of a providers. With the rise of new players focusing on
credit scoring engine with automated machine learning, the SME segment, there is significant potential in
reliable IT-based services and ISO 27001 Certification targeting SMEs that have not yet accessed formal
certification. IT services with features and security in the funding.
form of two factor authentication, transaction notification, b. Digital Consumptive Lending
biometric authentication, and limit monitoring, as well as Currently, Bank Raya offers digital loan services in
developing customer complaint handling through the the consumer segment in the form of salary-based
Sapa Raya Application. loans for employees using payroll from BRI Group,
5. Bank Raya has developed the Raya Apps with various through the Pinang Flexi and Flexi Extra products.
outstanding Saku features: Targeting employees with payroll from BRI Group
a. Saku Utama as the primary account for transactions helps mitigate business risks and simplifies the credit
and receiving money. scoring process. Market penetration beyond salary-
b. Saku Bujet to help manage financial allocations for based loans can be achieved through collaborations
various needs. with partners who are directly involved with customer
c. Saku Pintar to assist with regular savings through the transactions, both online and offline.
auto-debit feature. c. Funding and Transaction
d. Saku Jaga to help allocate unexpected funds with the Currently, digital banks have targeted various market
locking feature and higher interest rates compared to segments with diverse income levels to gather third-
other Saku products. party funds. Bank Raya will focus on optimizing the
e. Saku Bareng provides access to shared savings and potential of customers from the Gen Z and Millennial
transactions, ideal for communities. segments. Data shows that Gen Z, known as digital
f. Saku Bisnis is a specialized account, distinct from natives, contributes significantly, accounting for
personal accounts, designed for managing the about 60% of the total digital banking customers
customer’s business finances. in Indonesia. The unique characteristic of this
segment is that the majority are workers who already
Business Prospect and Strategy for PT Bank Raya have income. Meanwhile, the Millennial segment is
Indonesia Tbk in 2026 also crucial, contributing around 40% of the total
1. Business Prospect customers, and is characterized by having the
Regarding Bank Raya’s business prospects for 2026, the highest income and expenditure levels.
bank has divided its business segments or growth levers 2. Strategy
into three (3) business segments, as follows: As part of its efforts to achieve the company’s Vision
a. Digital Productive Lending and Aspirations, several strategic steps have been
Productive loans play a crucial role in supporting outlined to develop the business, primarily focusing on
economic activities such as working capital and the development of digital productive lending, digital
investments, which directly impact economic consumptive lending, funding and transactions, as well
growth. An increase in productive loans can help as value chain business.
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a. Digital Productive b. Digital Consumptive
The bank will develop digital products for the The bank will develop digital consumptive products
productive sector, with the primary target being with the primary target market being the productive
the SME segment. Several strategic steps will be age group with good digital literacy (Gen Z and
taken by the bank in the development of digital Millennials). Several strategic steps will be taken,
productive products, including continuous product including continuous product development
development according to customer needs, according to customer needs, expanding the
optimizing product sales through the bank’s partnership ecosystem, and digitizing business
existing network, and expanding partnership processes, with the following details:
networks that serve as ecosystems for digital - Continuous improvement of existing digital
productive products, with the following details: products, specifically payroll-based loans,
- Product development to serve the needs of development of consumptive loan products
customers, particularly the SME segment, for non-payroll or mass market (paylater), and
through the continuous improvement of existing embedded finance.
digital products, beyond banking solutions, - Expanding the partnership ecosystem as
embedded finance, and the digitization of a source of growth for digital consumptive
sales support systems. This includes the products, which includes entities within the
development of AI-based sales tools and data BRI Group, state-owned enterprises (SOEs),
analytics. affiliate companies, private companies, and
- Increasing product sales by optimizing the digital platforms.
potential of the BRI Group ecosystem and - Digitizing the collection process with a hybrid
prudently penetrating the market beyond BRI collection concept that combines technology-
Group, with the primary target markets being based collection processes (AI) and human
agency businesses, supply chains from both resources.
internal and external ecosystems, as well as c. Digital Funding and Transaction
other SMEs working based on invoices. The The bank will develop digital funding products
acquisition process will be carried out using and transaction features within the Raya App,
the Online to Offline (O2O) method, enabling aiming to increase the amount of low-cost funding
Bank Raya to continuously expand access or through digital savings and fee-based income from
touch points through both internal and external customer transactions in the Raya App. Several
ecosystems. strategic steps the bank will take include:
- Expanding the partnership ecosystem as - Improving features to enhance customer
a source of growth for digital productive convenience and encourage transactions,
products. The expansion of the partnership including wealth management, payment,
ecosystem will be carried out at the national banking as a service, embedded finance,
level, including entities within the BRI Group, financial management, and other features.
state-owned enterprises (SOEs), affiliate - Developing the Raya App as an Integrated
companies, private companies, and digital Banking App by integrating all Bank Raya
platforms. Additionally, the partnership products and services into the Raya App.
process at the operational regional level, such - Expanding collaborations for Cash In Cash Out
as community branches or local partnerships, (CICO) through both the BRI Group ecosystem
will continue to expand, with the primary target and external ecosystems.
being communities and key business clusters. - Developing agency business, both for Bank
Raya’s agency business and beyond Bank
Raya.
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BRI Global Financial Services Company Limited is a (one) management office in Hong Kong. The main business
subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk, of BRI Global Financial Services Company Limited includes
established in Hong Kong on April 7, 2005, under the name remittance services to Indonesia and other countries,
BRIngin Remittance. The company was initially acquired money exchange, value-added services related to the
by BRI in 2012 and changed its name to BRI Remittance parent company’s products, forex dealing solutions, and
Company Limited. With the expansion of its business, in loan/financial services for individuals (Indonesian Migrant
2023, the company rebranded as BRI Global Financial Workers/PMI) and SMEs related to Indonesia in Hong Kong.
Services Company Limited. Currently, BRI Global Financial
Services Company Limited operates 4 (four) branches and 1
Table of BRI Global Financial Services Co. Ltd Performance (Productivity)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Transaction 880,807 456,538 424,269 92.93%
Nominal Transaction Amount (HKD) 2,448,071,862 1,314,503,597 1,133,568,265 86.23%
Asset (HKD) 29,195,684 20,329,158 8,866,526 43.61%
Asset (IDR Billion) 62.54 42.14 20.29 48.02%
Notes: 1 HKD exchange rate as of 31 Desember 2025 = IDR2,142.30
The assets of BRI Global Financial Services Co. Ltd in presently offer loan and trade finance services. The company
2025 amounted to IDR62.54 billion, representing a 48.02% continues to focus on digitalization, including through the
increase compared to IDR42.14 billion in 2024. This increase provision of a digital portal (web app) and the RemitGo! app
was partly driven by financing expansion to remittance for customers. Digitalizing business processes through these
companies in Hong Kong amounting to approximately IDR11.5 platforms has increased transaction frequency, streamlined
billion (HKD5 million), or up 94% yoy. transaction flows, enhanced transaction capacity, improved
user experience, and elevated service quality, all of which
BRI Global Financial Services Company Limited Hong Kong’s have contributed to the growth in revenue for BRI Global
revenue grew 51.4% year-on-year to IDR45.37 billion in 2025, Financial Services Company Limited Hong Kong.
primarily driven by the forex business and the addition of new
partners, thereby increasing the received remittance fees. The net profit of BRI Global Financial Services Co. Ltd in
Furthermore, BRI Global Financial Services Company Limited 2025 reached IDR15.74 billion, an increase of 85.6% from
Hong Kong successfully developed a new growth engine IDR8.42 billion in 2024. Digitalization also played a role in
by serving foreign exchange remittance transactions both enhancing business process efficiency, allowing BRI Global
in Hong Kong and beyond, including Taiwan, South Korea, Financial Services Co. Ltd to maintain operational expenses
Japan, Malaysia, Brunei Darussalam, and the United Arab and the BOPO (Operational Expenses to Operating Income)
Emirates (UAE). Additionally, with the acquisition of a money ratio throughout 2025.
lender license, BRI Global Financial Services Co. Ltd csn
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Strategy BRI Global Financial Services Company Limited The company continues to strive to Innovate to improve
Hong Kong in 2025 services, such as the remitGo! to provide convenience in
Some of the strategies that have been implemented by BRI carrying out transactions anywhere and anytime. Apart from
Global Financial Services Co Ltd Hong Kong 2025 were as that, by having obtained a money lender license from the
follows: Hong Kong authorities, BRI Global Financial Services can
1. Obtaining a money lender license from the Hong Kong also provide loan services to individual customers, especially
authorities, as an effort to develop business (new source to Indonesian Migrant Workers who need emergency funds,
engine growth) in the form of lending services for both in Hong Kong and for remittance purposes to his family
individuals with a target market of Indonesian Migrant in Indonesia. For non-individual customers, currently the
Workers, providing short term financing services to Company can provide financing for Indonesian-related
remittance companies that need funds during banking Small and Medium Enterprise (SME) business entrepreneurs
holidays, as well as providing trade financing (invoice in Hong Kong. The combination of the company’s existing
financing) services to Indonesian related Small Medium business (money transfers or remittances) from Hong Kong
Enterprises (SME) importers in Hong Kong . to Indonesia and the loan business with the target market
2. Diversifying sources of income by becoming a forex of existing remittance customers, provides its own unique
dealing solution provider for BRI Global Financial competitive advantage.
Services counterparts and BRI counterparts.
3. Collaborating with counterparts for new corridors, such Business Prospect and Strategy for BRI Global Financial
as Japan, Macau, Taiwan, Korea and the Philippines. Services Company Limited Hong Kong in 2026
Remittances from Hong Kong to Indonesia have shown an
BRI Global Financial Services Company Limited Hong increasing trend up to 2024, despite a decline in the East
Kong Competitive Advantage and Innovation Asia and Pacific region between 2010 and 2021. This upward
BRI Global Financial Services with its remittance products trend continued in 2024, with remittances reaching USD 503
has been the choice of Indonesian Migrant Workers in Hong million in the first quarter and USD 541 million in the second
Kong for years to send money to their families in Indonesia. quarter. On the other hand, the shift from conventional to
Being part of the BRI Group is a competitive advantage for digital remittance transactions in Hong Kong is progressing
BRI Global Financial Services, BRI Global Financial Services and steadily increasing. According to Market Insight Hong
customers are also savings customers of BRI Bank. BRI Kong from Statista.com, the transaction value in the digital
Bank’s network that reaches all corners of Indonesia remittance market is projected to reach USD 548 million in
makes BRI Global Financial Services the main choice for 2025. The transaction value is expected to show an annual
Indonesian Migrant Workers to send money to Indonesia in growth rate (CAGR 2025-2029) of 6.92%, resulting in a
real time online to their and their families’ BRI Bank accounts projected total of USD 716.20 million by 2029. In the digital
in Indonesia. With the support of systems and services remittance market, the number of users is expected to reach
that are integrated with the Parent Company (BRI), BRI 148.20 thousand by 2029.
Global. Financial Services can provide additional services
to Indonesian Migrant Workers such as balance checking With the aspiration to “Digitize the Business, Expand
services, printing account books, printing bank statements, Business in HK and Other Asian Market, Become Sales
and other services to PMIs in Hong Kong. Apart from that, Hub for BRI Group’s Product in International Market,” in
the exchange rate at BRI Global Financial Services is one of 2026 BRI Global Financial Services will focus on the theme
the best rates (HKD/IDR) in Hong Kong. BRI Global Financial “Broadening Network and Partnership to Drive Cutting-Edge
Services wants to provide the best service and be a one stop Value,” progressively designed from expanding partnership
solution for Indonesian Migrant Workers in Hong Kong. networks, global expansion, strengthening core business by
becoming the platform of choice for Indonesian workers, to
optimizing the business potential of the BRI Group.
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On October 6, 2015, BRI signed a share purchase agreement shares, FWD Management Holdings Limited has deposited
with the shareholders of PT Asuransi BRI Life (formerly PT IDR770 billion to BRI Life. The issuance of these shares
Asuransi Jiwa Bringin Jiwa Sejahtera) to acquire a 91.001% changed the composition of shareholder ownership to BRI
ownership stake in PT Asuransi BRI Life, hereinafter referred 59.02%, FWD Management Holdings Limited 35.14% and
to as BRI Life. The entire series of acquisition activities was YKP BRI 5.84%. The change in share ownership has received
completed on December 29, 2015 in accordance with Deed approval from the OJK through letter Number 31/NB.11/2022
No. 41 of Notary Fathiah Helmi, S.H. so that BR owns 91.001% dated February 28, 2022.
of BRI Life shares and the remaining 8.999% is owned by the
BRI YKP BRI Employee Welfare Foundation). Furthermore, on In 2023, BRI Life underwent a change in its shareholder
February 23, 2017, PT Asuransi Jiwa Bringin Jiwa Sejahtera composition. The company increased its paid-up capital
changed its name to PT Asuransi BRI Life (BRI Life). On by IDR26,358,000,000, from the previous amount of
March 2, 2021, BRI Life officially had a new shareholder, such IDR339,200,700,000 to IDR365,558,700,000, with the
as FWD Financial Services Pte Ltd which has added capital additional capital subscribed by FWD Management Holdings
to BRI Life of 936,458 shares through the issuance of new Limited. The planned change in ownership of PT Asuransi BRI
shares. Thus, after the transaction, BRI Life’s shareholder Life received approval from the Financial Services Authority
structure was that BRI owned 2,002,022 shares with 63.83% through letter No. S-15/NB.02/2023 dated February 26,
ownership. Then, the ownership of FWD was 29.86% with 2023. This share issuance resulted in a revised shareholder
936,458 shares, and the BRI Employee Welfare Foundation composition, with BRI holding 54.77%, FWD Management
was 6.31% of 197,978 shares. This change in shareholder Holdings Limited holding 39.82%, and YKP BRI holding 5.42%.
structure previously obtained OJK approval through letter
no. S-12/ NB.1/2021 dated February 4, 2021. On October 13, In 2024, BRI Life once again experienced a change in its
2021 the Shareholders approved the transfer of ownership shareholder composition. FWD Management Holdings
of shares owned by FWD Financial Services Pte. Ltd. to Limited injected additional capital amounting to IDR770 billion
FWD Management Holdings Limited, so that the structure for the year 2024, with an amount recorded in the issuance
of BRI Life Shareholders became: BRI 63.83%, YKP BRI of new shares totaling IDR26,994,600,000. Following this
6.31%, and FWD Management Holding Limited 29.86%. The capital increase, the revised shareholder composition is
change in Shareholder Structure previously obtained OJK as follows: BRI holds 51.00%, FWD Management Holdings
approval through letter No.S.93/NB.1/2021 dated September Limited holds 43.96%, and YKP BRI holds 5.04%. The
29, 2021. In 2022, BRI Life issues 255,549 shares and as change in BRI Life’s share ownership in 2024 has been
part of FWD Management Holdings Limited’s commitment approved by the Financial Services Authority through letter
to support BRI Life’s progressin a manner agreed upon by No. S-2/PD.02/2024 regarding the Approval of the Change in
the Shareholders. The new shareswere taken up entirely by Ownership of PT Asuransi BRI Life, dated January 22, 2024.
FWD Management Holdings Limited. To take part in the new
Table of PT Asuransi BRI Life Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Insurance Service Income 6,122,889 8,879,017 (2,756,128) (31.04%)
Asset 28,177,449 26,520,605 1,656,844 6.25%
Equity 12,071,617 10,341,827 1,729,790 16.73%
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At the end of 2025, BRI Life’s equity grew by 16.73% yoy to Beyond these strategies, BRI Life remains committed to
IDR12.07 trillion. In addition, BRI Life’s assets reached IDR28.18 amplifying its value by refining business processes across
trillion, growing 6.25% yoy. On the other hand, BRI Life’s all dimensions, ensuring sustained and resilient business
Gross Premium decreased by 11.66% yoy to IDR6.12 trillion, in growth.
line with lower claims as well as a decline in bancassurance
performance and not yet optimal productivity; however, this PT Asuransi BRI Life Competitive Advantage and
did not significantly affect profit achievement in 2025. Innovation
BRI Life is committed to providing excellent service to
PT Asuransi BRI Life Strategy In 2025 customers. One of the strategies implemented in 2023
The projected economic slowdown in 2025 presents a is developing services for customers, especially health
challenging year for BRI Life. In response to these challenges, services through launching a contact center for third-party
BRI Life is taking strategic measures to ensure the availability administrators (TPA) as part of BRI Life’s plan to form its own
of products and services that meet customer needs, TPA so that claim settlement can run more effectively and
supported by the implementation of digital technology. The efficiently. BRI Life also launched new products that adapt
key strategies implemented by BRI Life in 2025 to achieve to customer needs in each existing customer segmentation.
the targets approved by the shareholders are as follows:
1. Penetration on UMi Ecosystem BRI Life also ensures the availability of products that meet the
BRI Life successfully penetrated the Ultra Micro (UMi) needs of customers across various segments. The launch
segment in 2024 through the implementation of a of new products, particularly in the High Net Worth (HNW)
strategic partnership with PNM. This initiative serves and Ultra Micro (UMi) segments, further complements
as a key step in achieving sustainable growth while also BRI Life’s existing product portfolio. In terms of product
enhancing financial literacy and inclusion, particularly in marketing processes, BRI Life has innovated to enhance the
relation to life insurance. productivity of its sales force through the BRI Centralized
2. Penetration on HNW Segment Distribution Referral System, which integrates the systems
BRI Life successfully penetrated the High Net Worth of BRI Life and BRI to provide lead data, serving as a well-
(HNW) income segment, or priority customer segment, organized resource for the sales force.
in 2024 through the launch of the AMORA product.
Specifically designed for priority customers, this product In order to achieve sustainable business practices, BRI
represents one of BRI Life’s strategic initiatives to Life has also implemented a green office policy in line with
achieve sustainable growth by ensuring the availability regulations to reduce the use of paper, electricity, and fossil
of products that meet the needs of customers across all fuels. Additionally, BRI Life has developed a long-term
segments. Environmental, Social, and Governance (ESG) roadmap,
3. BRI Centralized Distribution Referral System aligned with the principles of the Sustainable Development
This strategic initiative is part of BRI Life’s business Goals (SDGs).
process improvements aimed at enhancing the
productivity of Bancassurance Financial Advisors Business Prospect and Strategy for PT Asuransi BRI Life
(BFA). The initiative was piloted at the end of 2023 to in 2026
improve lead data, which serves as a key driver for In 2026, BRI Life will focus on Sales Quality Improvement, as
BFA in generating production. This approach ensures a approved by the Controlling Shareholders of BRI Life. In other
more centralized and systematic flow of data, from the words, with a focus on quality enhancement, BRI Life is also
headquarters to the hands of BFA. targeting sustainable business growth. The following are
4. Revamp Journey on BRImo some of the strategies that BRI Life will implement to achieve
This strategic initiative is one of BRI Life’s efforts to the targets approved by the Shareholders:
enhance transactions for purchasing digital insurance 1. Competitive Products and Marketing
products available on BRImo. It aims to improve customer BRI Life remains committed to sustainable growth to
convenience and ease in purchasing insurance products provide peace of mind to all its customers. To achieve
through the BRImo platform. this, BRI Life strives to ensure it offers superior and
competitive products and marketing strategies. The
three key development indicators focused on are:
product-driven to customer-led, brand awareness and
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clear segmentation, and the healthcare ecosystem and a service standard. These indicators are crucial for BRI
sustainable practices. These three areas are crucial in Life to enhance its competitiveness, facilitate innovation,
positioning BRI Life as more competitive, relevant, and and ensure high-quality services that meet customer
sustainably growing. Additionally, these focuses further expectations in the digital era.
strengthen BRI Life’s long-term relationships with its 4. Strong Financial Management
customers and other stakeholders. Financial strength is key for BRI Life to remain on the path
2. Invest in People of sustainable business growth. The four development
The development of human resources, both in terms indicators being focused on are sustainable revenue and
of career progression and competencies, is key for BRI net income, best practice financial management, healthy
Life in managing its operations for sustainable growth capital structure, and accountability and accuracy.
with good corporate governance. Two development Overall, the development of these four indicators creates
indicators being focused on are sales talent management a strong and durable financial foundation, which is
and succession planning, and advancement in human essential to support growth, maintain stakeholder trust,
resources with a focus on automation and efficiency. and ensure the company remains competitive and
These areas are crucial because BRI Life can enhance adaptive in various economic conditions.
the quality and resilience of its internal talent while 5. Service Excellent
building a more efficient and adaptive organization. BRI Life remains committed to achieving its vision of
This is essential for long-term growth and success in a becoming “The 1st Service Excellent” through efficiency
dynamic business environment. and effectiveness in business processes, as well as
3. Digital Adaptive creating products that align with customer needs. The two
Strengthening technological support in product key development focus indicators are customer loyalty
development and dynamic, agile, and resilient business and understanding customers’ individual needs and
operations is key for BRI Life to face future business preferences. Focusing on these two indicators provides
challenges. The two development indicators being a sustainable competitive advantage. Additionally, BRI
focused on are a strong integration between digital Life will be able to grow and thrive in a dynamic and
technology and life insurance, and digital experience as competitive business environment.
PT BRI Multifinance Indonesia, hereinafter referred to as As of December 2025, BRI Finance’s total revenue reached
BRI Finance, is a subsidiary of BRI engaged in the financing IDR1.12 trillion, representing a decline of 11.77% or IDR166.28
business. As of December 2025, BRI Finance’s assets billion compared to the previous period of IDR1.31 trillion.
amounted to IDR5.42 trillion, a decrease of 29.52% compared This revenue growth was driven by BRI Finance’s financing
to IDR7.69 trillion in December 2024. Financing receivables disbursements in 2025, consisting of commercial financing
also declined, totaling IDR4.42 trillion, a reduction of 31.47% revenue of IDR187.75 billion, consumer financing revenue
or IDR2.03 trillion. This decline in assets corresponds with a of IDR564.54 billion, and Operating Lease (OPL) financing
decrease in consumer financing receivables, which reached revenue of IDR375.75 billion. The decline observed in
IDR2.81 trillion in December 2025, down 42.27% or IDR2.06 2025 was due to reduced purchasing power among the
trillion from the previous period, which amounted to IDR4.87 middleclass population, which has shifted to the aspiring
trillion middleclass category in Indonesia, leading to limited ability
to meet installment payments and an increasing risk of
non-performing loans. Therefore, BRI Finance’s profit as of
December 2025 was recorded at IDR90.95 billion, declining
by 12.00% yoy.
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Table of PT BRI Multifinance Indonesia Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financing (gross) 4,417,380 6,445,834 (2,028,454) (31.47%)
Customer financing 2,812,129 4,871,145 (2,059,016) (42.27%)
Asset 5,419,420 7,689,464 (2,270,044) (29.52%)
Strategi PT BRI Multifinance Indonesia Tahun 2025
In 2025, BRI Finance optimized BRI’s captive market, serving across all segments, and other supporting platforms. BRI
as a single gateway for BRI’s auto loans, to foster healthy Finance will also strengthen its consumer business through
company growth. The company focused on expanding massive marketing strategies aimed at both customers and
its consumer business by leveraging synergies within the employees of the BRI Group. In order to reinforce the digital
BRI Group ecosystem, targeting both customer acquisition transformation that has been implemented, BRI Finance will
and sales channels with the 2025 strategy “Building the maximize synergies with its parent company across various
Foundation of Synergy with the Parent and Improving Asset sectors, especially within the business group ecosystem.
Quality” included:
1. Strengthening consumer financing growth. Business Prospect and Strategy for PT BRI Multifinance
2. Enhancing collaboration with e-commerce platforms. Indonesia in 2026
3. Improving financial literacy. The preparation of BRI Finance’s long-term business
4. Implementing joint marketing efforts with the BRI Group. plan is aligned with the shareholder’s aspiration of “Beat
5. Optimizing the myBRIf application. the Industry Profitability.” In line with this aspiration,
6. Advancing business process digitalization. BRI Finance will focus on consumer financing business
7. Offering attractive promotions tailored to public needs. in collaboration with the BRI Group business owners.
8. Optimizing collaborations in Motor Vehicle Credit (KKB) Innovations and the exploration of new growth sources will
Joint Financing by launching products with competitive result in an increasingly complex business for BRI Finance.
rates. The company will emphasize synergies and cross-selling
initiatives that have already been developed within BRI
PT BRI Multifinance Indonesia Competitive Advantage Group, while also focusing on the development of BRI’s
and Innovation captive market. The company continues to selectively
In accordance with the aspirations of shareholders, BRI disburse financing and expand its business while exploring
Finance had a competitive advantage, namely as a single new growth engines through the optimization of a single
gateway auto loan for the BRI Group. Furthermore, BRI gateway auto loan. The company will maintain a diversified
Finance is committed to focusing on growing its consumer funding strategy to reduce the cost of funds and offer
business, which will be maintained at a minimum of 80% in competitive rates to its debtors. From a service perspective,
the long term, by continuously developing joint financing BRI Finance will maximize its business value chain through
through active collaboration with the business owner division strategic partnerships and the development of various
at BRI. To achieve this aspiration, BRI Finance acknowledges platforms to drive transactions via digital channels, such as
the challenges of digitalization, accompanied by changes in the myBRIf app, new mobile orders, and others. Additionally,
consumer behavior post-pandemic in the financing industry. as part of strengthening other excellence enablers, especially
These shifts in customer expectations have transformed human capital, culture, distribution channels, and risk
cooperation patterns, streamlined processes, and demand governance, BRI Finance will enhance its risk management
for more seamless services in line with customer behavior. and compliance practices as part of its commitment to
BRI Finance will increase its investment in information Good Corporate Governance (GCG). This ensures that the
technology through the development and enhancement of financing disbursed by the company remains prudent and
various platforms that support internal business activities, well-monitored. The synergies between BRI Finance and the
including the core financial system to accommodate BRI business group continue to be optimized, both in business
Finance’s operations, the e-General Ledger (eGL) to support and non-business aspects, through resource sharing, data
financial reporting, various financing acquisition tools integration, and the exploration of new ecosystem segments.
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PT BRI Ventura Investama, hereinafter referred to as BRI broad market potential, solid risk management and founders
Ventures, is a subsidiary of BRI engaged in the venture capital who have sufficient experience in running their businesses.
business. BRI’s share ownership in BRI Ventures is 99.97% This is in line with helping the BRI Group develop products
of the total shares issued by the company, while 0.03% and services that make it easier for users (customer-centric).
is owned by the BRI Workers’ Welfare Foundation. BRI BRI Ventures will invest in technology companies both in
Ventures has the aspiration to become a leading Corporate the scope of financial services (fintech) and other business
Venture Capital which will be achieved through investment sectors (non-fintech).
in companies that have high growth potential (startups), with
Table of PT BRI Ventura Investama Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Investment 1,693,953 1,903,833 (209,880) (11.02%)
Non Performing Investment (NPI) (%) 2.0% 0.0011% 1.9989% 1,817.18%
Total Asset 2,118,362 2,471,125 (352,762) (14.28%)
In 2025, BRI Ventures recorded total assets of IDR2.12 trillion, 4. To maintain portfolio quality and mitigate investment
decreasing by IDR352.76 billion or 14.28% year-on-year risks, BRI Ventures had monitored the quality and runway
(yoy) compared to 2024. Total investment in 2025 amounted of investees, conducted internal audits, and submitted
to IDR1.69 trillion, declining by 11.02% yoy compared to monitoring reports to regulators periodically.
the previous year. The decrease in total assets was partly
attributable to a 51% yoy decline in the valuation of LinkAja Competitive Advantages and Innovation of
due to weaker business performance, as well as a 42% PT BRI Ventura Investama
yoy decrease in Awan Tunai, driven by loan concentration To date, BRI Ventures has successfully managed 2 (two)
risk. The deterioration in portfolio quality was reflected in Venture Funds, namely Dana Ventura Nusantara I (DVSN I)
an increase in Non-Performing Investments (NPI), which and Dana Ventura Nusantara II (DVSN II). 2024 is a recovery
reached 2.0% in 2025. year for BRI Ventures, so to maintain investment quality,
for the valuation of venture funds, BRI Ventures has made
PT BRI Ventura Investama’s Strategy for 2025 periodic valuation adjustments based on the development
In achieving its 2025 aspiration, BRI Ventures undertook of the company’s performance. In addition, during the 2024
several initiatives: period, BRI Ventures, through DVSN II has successfully
1. Optimizing exit opportunities by considering the Internal implemented an accelerator program, namely “Impact Day”.
Rate of Return (IRR) target and potential gain. This program was attended by 15 Indonesian startups in the
2. BRI Ventures has committed to supporting the growth of impact enterprises category.
Indonesian startup businesses through a participation
agreement in the Merah Putih Fund funding.
3. As an alternative source of income, BRI Ventures had
placed investments in SBI and SBN throughout 2024,
amounting to IDR216 billion.
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Business Prospects and Strategy of PT BRI Ventura for value creation for the BRI Group ecosystem, in 2025,
Investama in 2026 BRI Ventures focused on Business Process Improvement &
In 2025, BRI Ventures focused its investment activities on Strategic Investment Exploration through 2 (two) strategic
companies/startups in the fintech and non-fintech sectors initiatives:
that had the potential to increase capabilities, a positive 1. Orchestrate Venture Capital Ecosystem between BRI
impact on business, and opened access to new ecosystems Group
for the BRI Group. To realize BRI Ventures’ vision as a catalyst 2. Becoming BRI Group’s Innovation Lab
BRI Insurance is part of a subsidiary of the BRI Group engaged in the insurance sector and has the responsibility to create
value both in terms of business and improving the image of BRI Insurance with a commitment to providing general insurance
protection through a variety of trusted products supported by technological innovation, prudent GCG, and superior human
capital to produce optimal and sustainable productivity.
Table of PT BRI Asuransi Indonesia Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Gross Premium 4,097,823 3,906,348 191,475 4.90%
Assets 8,158,065 7,721,019 437,046 5.66%
Equity 2,640,467 2,592,763 48,000 1.85%
BRI Insurance’s assets in 2025 amounted to IDR8.15 trillion, and partnerships. The business activities referred to the
an increase of 5.66% compared to 2024 of IDR7.72 trillion. strategy to establish increasingly interconnected businesses
BRI Insurance’s Gross premium in 2025 amounted to IDR4.09 through the value chain, Business to Business to Consumer
trillion, an increase of 4.90% yoy compared to 2024 of (B2B2C) technology, and in accordance with market needs.
IDR3.90 trillion. BRI Insurance’s equity in 2025 increased by Strengthening connections between corporations can create
1.85% from IDR2.59 trillion in 2024 to IDR2.64 trillion in 2025. synergies and opportunities to encourage joint growth and
The increase was due to a 5.30% increase in current year sustainability initiatives. This business synergy was mainly
profit compared to 2024 to IDR675 billion in 2025. carried out through collaboration with the BRI Group.
PT BRI Asuransi Indonesia’s Strategy for 2025 To realize the 2025 aspirations, BRI Insurance implemented
The increasingly competitive business conditions and dynamic the following strategic steps, as follows:
and uncertain business environment require BRI Insurance 1. Strengthening governance and risk management
to continue to create innovations and implement strategies to ensure compliance with regulations and internal
that are appropriate and in line with changes in the business provisions, as well as good risk management of BRI
environment. BRI Insurance continues to strive to achieve a Insurance.
competitive advantage by creating better competitive values 2. Supporting sustainable quality growth by strengthening
than competitors. To realize aspirations in 2025, BRI Insurance the selection and management of BRI Insurance’s main
strengthened reciprocally interconnected businesses to business risks.
encourage sustainability through business diversification
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3. Expansion into the retail and micro segments in business Business Prospects and Strategies of
classes and products with better profitability. PT BRI Asuransi Indonesia in 2026
4. Optimizing the potential of derivative businesses from BRI Insurance will implement its Vision to become “The
the wholesale and internal BRI ecosystems. Most Trusted Partner for Reliable Protection Solutions” with
5. Strengthening intra-group synergy and cooperation services oriented toward customer needs and satisfaction.
to realize the potential of the total revenue pool of BRI In 2026, BRI Insurance carries the Annual Theme “Expansion
Group. of Core Business to Remain Competitive through Data
6. Strengthening the IT backbone to support the and Technology Utilization,”. To realize the aspirations in
acceleration of BRI Insurance’s business and operational 2026, BRI Insurance will persistently carry out continuous
processes through fast and safe automation programs. penetration of core competencies, such as focusing on
7. Developing data analytics to support business decision- services and businesses in the retail and micro segments.
making. This refers to ongoing efforts to integrate and utilize the
8. Strengthening human capital capabilities including fundamental strengths of BRI Insurance’s business into
sharpening KPIs to become leading indicators of products and distribution channels in the captive and non-
performancebased culture (performance driven culture). captive markets. Thus, this is expected to be able to increase
9. Simplifying services to achieve the ultimate customer competitiveness and encourage the growth of BRI Insurance
experience and satisfaction. in a sustainable manner.
Competitive Advantages and Innovation of To realize the aspirations of 2026, BRI Insurance has
PT BRI Asuransi Indonesia established a series of strategic plans and steps as follows:
The competitive advantages and innovations possessed by 1. Optimization of premium growth in the retail and micro
BRI Insurance Indonesia are: segments sourced from non-captive markets.
1. Having a network of 115 spread throughout Indonesia. 2. Optimization of the BRI and BUMN entity ecosystem and
2. Being a General Insurance Company with the first ranking value chain.
in the gross premium category of IDR1 to < IDR2.5 trillion 3. Creating new growth engines to diversify revenue
according to Infobank. sources in the corporate, small, medium, and consumer
3. Being a General Insurance Company with the first ranking business segments.
based on gross premium performance, underwriting 4. Strengthening BRI Group synergy in the context of
results, net profit, and assets in 2024 in the equity cluster business expansion and operational support, including
of IDR1 trillion to IDR2.5 trillion. integration of governance, compliance, risk management,
4. BRI Insurance is consistently certified by an Independent information technology, and human resources.
Rating Agency. idAA+ rating from Pefindo, up compared 5. Strengthening quality and profitable premium growth by
to 2023 and AA(idn) rating from Fitch Ratings. strengthening risk selection.
5. Being the leading general insurance company, BRI 6. Strengthening investment capacity to optimize
Insurance has more than 70 (seventy) products, including investment results and manage investment risks.
superior products and customized products. 7. Product innovation and after-sales services as
6. Having a strong financial ratio in the last 3 (three) years differentiation according to customer needs and
and is above the industry average based on profit margin, segmentation (customeroriented) to strengthen the
ROE, underwriting yield, loss ratio, and RBC. image of BRI Insurance Indonesia.
7. The maturity level of BRI’s governance, compliance, risk 8. Strengthening the subrogation and reinsurance
management, audit, and IT is above a score of 3 (defined), receivables collection system.
PMO is above a score of 2.6, and human capital is above 9. Implementation of PSAK 117 in accordance with
a score of 1.5. applicable provisions and governance.
8. BRI Insurance has increasingly developing services 10. Implementation of the separation of the Sharia Business
based on digitalization and automation utilizing the Unit in accordance with applicable provisions and
BRINESIA Application, BRINSmobile, Claim Center/B- governance.
Class, Customer Care, E-policy). 11. Strengthening employee capabilities, especially
9. Having certified experts. marketing staff, including strengthening the Company’s
culture to support the transformation and internalization
of BRI Insurance Indonesia’s culture, as well as sharpening
KPIs to become important indicators in achieving a high-
performance culture.
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PT BRI Danareksa Sekuritas selanjutnya disebut BRI Danareksa Sekuritas adalah Entitas Anak usaha BRI yang bergerak di
bidang perusahaan efek. In 2025, PT BRI Danareksa Sekuritas successfully recorded net profit of IDR20,93 billion, growing up
to 129.38% yoy. Operating revenue reached IDR381.37 billion, increasing by 22.5% yoy, with growth across all revenue lines
except advisory, which slightly declined by 1% yoy. Assets reached IDR1.28 trillion, growing by 17.37% yoy or IDR189.30 billion
compared to 2024.
Table of PT BRI Danareksa Sekuritas Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Accumulated Brokerage Transaction Value
Share 123,204,722 85,034,344 38,170,378 44.88%
Government Bonds 382,510,545 275,319,420 107,191,125 38.93%
Corporate Bonds 74,854,230 29,265,960 45,588,270 155.77%
Assets 1,279,094 1,089,788 189,306 17.37%
Net Income 20,925 9,123 11,802 129.37%
PT BRI Danareksa Securities Strategy for 2025 Danareksa Sekuritas has a superior online trading system
BRI Danareksa Sekuritas has launched several new features product, namely BRIGHTS, which offers simplicity through
with the aim of improving services and adding product BRIGHTS EASY and continues to develop other features to
variants for convenience for retail customers in transacting in support the ease of investing for retail investors. In addition,
the capital market. Some of these services include opening BRI Danareksa Sekuritas is part of Bank Rakyat Indonesia,
margin accounts online, EBA Ritel, BRIGHTS Easy Desktop, a state-owned bank with the largest assets. With this
Fast Order, Launcher e-SBN, Switching Mutual Funds, experience and supported by synergy with the BRI Group,
SmartInvest Mutual Funds, BREW, and Stock Pawning. BRI Danareksa Sekuritas is a security with the widest reach
In addition, BRI Danareksa Sekuritas is also revitalizing in Indonesia through BRI distribution channels.
the trading system in the institutional business line as an
effort to open up opportunities for cooperation with foreign Business Prospects and Strategies of
counterparties. Furthermore, BRI Danareksa Sekuritas PT BRI Danareksa Sekuritas in 2026
strengthened business synergy with its parent company The main vision of BRI Danareksa Sekuritas is “To Become
through the development of RDN features, Stock Transaction a Trusted Capital Market Service Solution Provider to
features, and Bond Transaction features in BRImo. Achieve Sustainable Performance and Strengthen Financial
Inclusion,” focusing on sustainable profitability growth. BRI
Competitive Advantages and Innovation of Danareksa Sekuritas also continues to enhance human
PT BRI Danareksa Securities resource capacity and capability through alignment of the
BRI Danareksa Sekuritas is the first securities company and human capital framework with BRI. In implementing its 2026
a pioneer in the Indonesian capital market. BRI Danareksa business and strategy, several key strategies under the
Sekuritas has competent and certified human resources. BRI theme “Redefine Investment Experience” are prioritized:
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1. Personalized Service Offering 3. Streamlining Collaboration
Development of digital-based services focused on Strengthening synergy within the BRI Group ecosystem
individual customer investment needs. to enhance profitability in both institutional and retail
2. Operational Service Excellence segments.
Automation of back-office processes and strengthening 4. Human Capital Development
IT security to improve customer service and security. Enhancing the capability and capacity of SBM to drive
productivity in line with industry developments.
PNM’s assets in 2025 amounted to IDR56.99 trillion, an increase of 2.96% compared to 2024 which was IDR55.35 trillion. The
asset increase was driven by a decrease in allowance for impairment losses (CKPN) due to write-offs (WO) amounting to IDR4.1
trillion in 2025. In terms of revenue, PNM posted operating revenue in 2025 of IDR16.86 trillion, a slightly increase of 0.8%
compared to 2024 which was IDR16.72 trillion. On the expense side, PNM’s OPEX increased significantly by 15% yoy, mainly
due to higher personnel expenses and general affairs expenses. In 2025, PNM recorded profit of IDR1.2 trillion, decreasing by
18.5% yoy in line with declining PPOP due to higher OPEX.
Table of PT Permodalan Nasional Madani Performance (Productivity)
(in IDR millions)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financing Distribution 69,084,983 69,944,923 (859,940) (1.22%)
Outstanding 50,276,090 50,033,881 242,209 0.48%
Assets 56,986,249 55,348,061 1,638,188 2.96%
PT Permodalan Nasional Madani’s Strategy for 2025 6. Development of information technology and digitalization
PNM has set strategic strategies and policies to achieve the of business processes and adding features to the
company’s 2025 targets as follows: Mekaar Digi application to improve the efficiency and
1. Changes to PNM’s organizational structure carried out in effectiveness of business processes.
order to support long-term strategic initiatives and the 7. Diversification of funding sources from the capital
company’s sustainability. market, banking, and the government through the
2. Market penetration and expansion of service areas Government Investment Center to reduce loan interest
through the opening of new business units carried out rates amidst the trend of increasing interest rates.
selectively and effectively. 8. Increasing the productivity and competence of human
3. Development of advanced cycle financing products resources to support the empowerment of female
to meet customer needs and as preparation for UMi customers who are ultra-micro and micro entrepreneurs.
customers to move up a class. As well as providing training facilities to improve
4. Increasing financial literacy and financial inclusion of competence for all PNM workers.
Mekaar customers through customer group meetings
and synergies. Competitive Advantages and Innovation of
5. Increasing the level of corporate governance through PT Permodalan Nasional Madani
operational and credit risk management and measuring PNM was founded in 1999 with a vision to become a leading
the Corporate Governance Performance Index (CGPI). financing institution in increasing added value sustainably
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for ultra-micro and micro segment businesses based on the through IT Innovation,” PNM implements several strategic
principles of Good Corporate Governance (GCG). Currently, initiatives under Strong & Healthy Growth, Impactful
PNM’s main focus is to empower women ultra-micro Empowerment, and Operational Excellence as follows:
entrepreneurs. PNM has 4,675 service offices by the end 1. Product innovation through Warung Mekaar and Waste
of 2024 spread across 451 districts/municipalities and 36 Management.
provinces. PNM has empowered more than 14.4 million women 2. Business process and working method transformation
ultra-micro business customers and more than 72 thousand through Diary Mekaar and UlaMM, Mapping Zoning and
MSE customers. In order to encourage increased business Routing, and Daily Closing Automation.
capacity of customers, PNM also emphasizes empowerment 3. PKM Re-engineering through utilization of the Mekaar
activities through providing mentoring and business training Group PKM ecosystem and PKM Berdikari (hybrid).
to customers in addition to providing capital. In addition, PNM 4. Empowerment by restoring WO customers to resume
also supports the Sustainable Development Goals program, business and providing insurance literacy to customers.
including financing to improve the quality of sanitation and 5. Strengthening Human Capital management through
clean water and financing for the renovation of customer Recruitment Reinforcement, Career Development and
business facilities/infrastructure, and PNM also plays an active Capacity Building, and development of the Human
role in various social and environmental responsibility activities. Capital Core System.
The use of technology and information is also carried out to 6. Digitalization and IT upgrading through Oracle
improve services to customers and support business and integration, improvement of IT infrastructure reliability
operational activities, especially through digitalization and and resilience, development of IT Enterprise Strategic
through strategic initiatives carried out together in the Ultra Planning and Architecture Management, enhancement of
Micro Holding synergy. IT security reliability, and development of Data Analytics
Governance
Business Prospect and Strategy of PT Permodalan 7. Subsidiary structuring through alignment of Danantara’s
Nasional Madani in 2026 Strategic Plan.
In 2026, in line with PNM’s long-term roadmap, “Driving
Quality Loan Growth, Enhancing Productivity, and Efficiency
PT Pegadaian’s asset performance growth in 2025 reached IDR151.26 trillion or grew yoy by 48.04%. Asset growth was
influenced by the largest component, namely outstanding loans, which grew 47.63% from 2024, namely from IDR85.38 trillion to
IDR126.09 trillion through the implementation of effective marketing and sales strategies amid geopolitical turmoil and dynamic
macroeconomic conditions. In profitability, PT Pegadaian posted a net profit of IDR8.35 trillion in 2025 or an increase of 42.80%
from IDR5.85 trillion in 2024. This increase in profit was supported by an increase in revenue, as well as cost efficiency as
reflected in the impzrovement in BOPO realization of 63.68% in 2025 or a slightly decrease compared to 2024 of 63.75%.
Table of PT Pegadaian Performance (Productivity)
(in billion Rupiah)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financing (Outstanding Loan/OSL Gross) 151,260,934 102,172,436 49,088,498 48.04%
Laba Usaha 126,048,019 85,378,813 40,669,206 47.63%
Aset 8,344,211 5,851,796 2,492,415 42.59%
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PT Pegadaian Strategy for 2025 Business Prospects and Strategies of PT Pegadaian in
PT Pegadaian’s impressive performance in 2025 is attributed 2026
to successful business transformation efforts. The company With the spirit of growing together with Ultra Micro Holding,
has undertaken optimization, modernization, and capability the spirit of transformation, and the spirit of making Indonesia
building as initial steps toward becoming “The Leader in The beautiful, in 2026, the company will carry the theme:
Gold Ecosystem and Accelerator of Financial Inclusion” by “Sustainable Acceleration: Turbocharge Digital Innovation”
2029. Pegadaian’s strategies for 2025 include: with a strategy that is in line with the grand strategy in the
1. Strengthening core business by developing services that Company’s LongTerm Plan for 2026-2030, namely G7-STAR:
meet customer needs. 1. Grow Core
2. Expanding service networks through pawnshop agents Strengthening Pegadaian’s core business in the pawn
and digital partnerships. and micro business lines through the use of data and
3. Implementing innovation and diversifying income technology in sales activities, modernizing business
streams through non-pawn business segments. processes and facilitating multi-product customer
4. Reinforcing commitment to environmental sustainability. experience.
5. Enhancing joint services within the Ultra Micro Holding 2. Go Further
under BRI. Improving agency network capabilities and optimizing
cooperation with potential strategic partners.
Competitive Advantages and Innovation of PT Pegadaian 3. Go Together
PT Pegadaian always prioritizes innovation in order to Strengthening the synergy between BRI Group and
strengthen competitiveness and provide the best and most Pegadaian Group through joint utilization of sales
appropriate products/services for the community, especially networks and strengthening the capabilities of business
in utilizing the use of technology and changes in community supporting functions.
behavior to improve customer experience. In addition, 4. Grab New
PT Pegadaian continues to maintain the quality of service Expanding business segments by launching new
with reliable appraisers supported by various marketing business lines through the development of Bullion
and sales programs, strengthening pawnbased products, Services and accelerating growth through inorganic
optimizing opportunities for gold-based and fiduciary strategies and strengthening subsidiary entities.
products, strengthening sharia business, and optimizing 5. Groom Talent
digital services and synergies with strategic partners that Achieving the best talent management in order to support
can help the company to continue to grow sustainably as a business growth and development.
solution for the community in overcoming problems without 6. Gen-Z Tech
problems. Through ultra-micro synergy, PT Pegadaian Strengthening IT architecture that supports new business
together with the Ultra Micro Holding entity also expands the implementation, strengthening the Company’s internal
accessibility of financial services both with online and offline and external applications and running data-based
services. operational models to achieve optimal benefits.
7. Great Culture and GCG
Relaunching cultural transformation, strengthening
governance and risk management and implementing
comprehensive ESG practices.
PT BRI Investment Management’s assets in 2025 amounted PT BRI Investment Management’s revenue in 2025 was
to IDR375.57 billion, an increase of 19.95% compared to IDR300.30 billion, an increase of 20.64% compared to
2024, which amounted to IDR313.10 billion. The increase was 2024 which was IDR248.92 billion. The revenue growth was
driven by the growth of the securities portfolio as part of idle driven by securities portfolio income, interest, and dividends,
cash optimization and higher receivables from AUM (Asset which surged by 215.1% year-on-year or increased by
Under Management) management fee services. IDR12.5 billion, supported by mark-to-market improvements
and bond coupon income. As a result, PT BRI Manajemen
In terms of liability, there was an increase of 12.58%, the Investasi recorded a profit increase of 12.78% in 2025 to
majority of the increase was in tax debts, employee benefit IDR33.22 billion.
liabilities, and accrued expenses (on accrued operational
costs that had not been paid at the end of December 2024.
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Table of PT BRI Investment Management Performance (Productivity)
(in IDR million)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net (Loss) Income 33,221 29,456 3,765 12.78%
Assets 375,569 313,098 62,471 19.95%
Liability 101,063 69,270 31,793 45.90%
Equity 274,506 243,828 30,678 12.58%
PT BRI Investment Management Strategy in 2025 workers specifically in each function in order to adjust and
Some of the strategies implemented by BRI Investment prepare HR who can follow the development of the investment
Management in 2025 are as follows: manager industry. For more than 30 years in the investment
1. Focus on building the foundation of group synergy manager industry, PT BRI Investment Management has
through aligning flagship products and marketing targets consistently implemented governance and risk management
from both the institutional side, Mutual Fund Selling as the main key to success to ensure smooth and sustainable
Agents/Bank APERD (WMG), and Securities APERD business and operations in order to maintain customer trust
(BRIGHTS). and reputation in the long term.
2. Focus on marketing open-end mutual fund products,
especially flagship products, and increasing managed In supporting industry growth and responding to industry
funds through the main retail segment. developments, BRI Investment Management has a complete
3. Focus on improving human resource capabilities and spectrum of investment products that suit various customer
qualifications, including through talent mobility and risk profiles. In 2024, BRI Investment Management will
strengthening core competencies. sharpen existing products into flagship products that
4. Focus on optimizing back-office processes, including are expected to be able to follow the development of the
through upgrading core systems and developing ERP. business cycle and in accordance with the character of the
5. Focus on strengthening risk management and retail segment, including the money market mutual fund
governance through aligning risk maturity assessments seruni money market, fixed income mutual fund melati
and governance and managing risk profiles. main income, balanced regular income fund mixed mutual
funds that distribute monthly dividends, and MSCI Indonesia
Competitive Advantage and Innovation of ESG Screened index mutual funds. Marketing efforts are
PT BRI Investment Management supported by various financial literacy and inclusion activities
PT BRI Investment Management was established in 1992 in the BRI group ecosystem and the general public which are
under the name Danareksa Investment Management. As carried out intensively or through affordable product features
the first Investment Manager in Indonesia, BRI Investment for the retail segment.
Management has also recorded history in the industry as
the first mutual fund issuer in Indonesia in 1996. The broad In 2023, Danareksa Investment Management officially
spectrum of Investment products owned by BRI Investment changed its name to BRI Investment Management. This
Management based on financial planning and customer change is in line with the effective majority ownership of BRI
orientation provides various investment options for all on November 30, 2022. Alignment of strategies and policies
segments, both Institutional and retail, which are adjusted to in the Group’s synergy began to be carried out intensively
the risk tolerance and investment policies of customers. As a in 2023 in various aspects of the Company’s business and
knowledge-intensive company, BRI Investment Management operations which are expected to become the Company’s
prioritizes business and operational management handled competitive strength in increasing its contribution to the
by professional and experienced HR in the capital market investment manager industry. Various collaborations carried
world, supported by infrastructure and technology readiness out are expected to increase the integration of BRI Investment
from front to end. BRI Investment Management periodically Management as part of the BRI Group.
prepares HR development plans, monitors, and evaluates
PT Bank Rakyat Indonesia (Persero) Tbk. 305
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Management Discussion and Analysis
on Bank Performance
Business Prospects and Strategy of BRI recorded solid balance sheet growth on an annual basis,
PT BRI Investment Management in 2026 as reflected in loan growth of 12.3% year-on-year, supported
Entering 2025, BI faces challenges in maintaining the by positive contributions from all business segments. The
stability of the rupiah exchange rate amid global uncertainty growth in lending was also supported by strong Third-Party
and tighterthan-expected US monetary policy. Nevertheless, Funds (TPF) growth, which increased 7.4% year-on-year,
BI remains optimistic about Indonesia’s economic growth primarily driven by low-cost funds (CASA) that rose 12.7%,
prospects, with a slightly lower growth projection than or increased by IDR116.8 trillion annually. The strong growth
previously estimated. In the mutual fund industry, BRI in assets and liabilities supported BRI’s key financial ratios
Investment Management has succeeded in achieving a in 2025, which remained stable and robust, including Net
managed fund target of IDR65 trillion by the end of 2025, with Interest Margin (NIM) of 7.8%, Cost of Fund (COF) of 2.9%,
a focus on the retail segment and optimizing group synergy and Return on Assets (ROA) of 2.7%, while maintaining a
through superior products. This strategy is supported by strong capital position as reflected by a Capital Adequacy
strengthening internal control, increasing human resource Ratio (CAR) of 23.5%.
capacity, strengthening integrated IT systems, and
strengthening company branding. Overall, BRI’s consolidated net income was recorded at
IDR57.13 trillion. Compared to the previous year, BRI’s net
Facing 2026, BRI Investment Management will continue to profit in 2025 declined by 5.26% year-on-year, primarily
strengthen a solid business foundation and maintain business due to the growth in consolidated provision for impairment
continuity through increasing literacy and financial inclusion losses (CKPN), which increased 21.02% year-on-year,
that is more collaborative and integrated. In addition, the with the highest increase occurring in the Other and
company will comply with new regulations issued by the Corporate segments. Nevertheless, from the perspective
Financial Services Authority (OJK) and the Law regarding of total revenue, BRI Consolidated still recorded growth
personal data protection, which will affect the investment of 4.74% year-on-year, or IDR9.39 trillion. The Company’s
manager’s operations in the future. net profit continued to be supported by the Micro segment
as the primary contributor, accounting for 32.39% of total
With the aspiration “To be the Biggest and Most Reliable consolidated profit.
Investment Manager in Indonesia with Global Capabilities,”
in 2026 BRI Manajemen Investasi will implement several key From an operating segment performance perspective, in
metrics to achieve a larger, stronger, and more competitive 2025 the Micro business segment continued to record the
BRI Manajemen Investasi through: largest contribution to BRI’s profit, amounting to IDR18.5
1. Solid and consistent AUM growth trillion, representing 32.39% of the Company’s total profit.
2. Accelerated revenue and profitability growth This contribution slightly declined compared to 38.85%
3. Improved operational efficiency in 2024, in line with a 21.0% yoy decrease in the Micro
4. Strengthened retail portfolio segment’s profit. The decline was in line with the 4.2%
5. Enhanced reputation and increased market share yoy contraction in bank-only micro loan disbursements, as
well as an increase in CKPN expenses of 6.4% yoy. This
Revenue and Profitability of Operating development reflects the Company’s strategy to prioritize
Segment improvements in credit quality and initiatives to accelerate
the resolution of non-performing loans. On the other hand,
Amid challenging economic conditions both globally and the non-micro segments, including subsidiaries, recorded a
domestically, prolonged conflicts in several regions, including 4.7% yoy increase in net profit, supported by growth in the
the Middle East, Eastern Europe, and most recently the Corporate segment of 16.7% yoy and Other segments of
Americas, have influenced the global economic landscape 41.7% yoy, in line with loan growth in the corporate segment
and also affected the domestic economy. Nevertheless, and improved performance in the Treasury business. This
BRI was able to identify growth opportunities that could be performance is aligned with the Company’s strategy to drive
optimized in 2025. sustainable growth in other segments, particularly non-micro
MSMEs, through the Revamp Existing Core, Build New Core
strategic pillar.
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Annual Report
2025
Table of Operating Segment Revenue and Profitability in 2025
(in IDR millions)
2025
Description
Micro Retail Corporate Others Subsidiary Total
Interest and premium income-net 59,044,058 32,255,506 9,478,010 13,212,058 40,205,946 154,195,578
Other operating income 18,545,706 18,606,435 4,637,998 8,497,300 3,393,753 53,681,192
Total Income 77,589,764 50,861,941 14,116,008 21,709,358 43,599,699 207,876,770
Other operating expenses (31,757,802) (27,054,294) (2,061,216) (813,491) (26,760,083) (88,446,886)
Provision for Impairment Losses (22,806,153) (17,879,195) (347,855) (45,816) (5,102,984) (46,182,003)
Total expense (54,563,955) (44,933,489) (2,409,071) (859,307) (31,863,067) (134,628,889)
Non-operational income
(177,816) (136,427) (13,778) (100,195) (26,846) (455,062)
(expenses) – net
Income before tax expense 22,847,993 5,792,025 11,693,159 20,749,855 11,709,787 72,792,819
Tax expense (4,341,119) (1,100,485) (2,144,129) (4,211,631) (3,863,090) (15,660,454)
Income for the year 18,506,874 4,691,540 9,549,030 16,538,224 7,846,697 57,132,365
SEGMENT ASSETS
Gross Credit 470,771,691 519,878,040 342,517,850 - 127,561,837 1,460,729,418
Total Net Assets 442,572,166 495,119,915 332,077,908 593,485,169 263,986,425 2,127,241,583
SEGMENT LIABILITIES
Funding 387,171,592 528,756,379 541,291,045 - 9,624,823 1,466,843,839
Total Liabilities 387,171,592 528,756,379 544,160,724 152,427,783 191,913,193 1,804,429,671
Table of Operating Segment Revenue and Profitability in 2024
(in IDR millions)
2024
Description
Micro Retail Corporate Others Subsidiary Total
Interest and premium
60,247,932 29,675,882 5,734,424 14,890,584 33,979,842 144,528,664
income-net
Other operating income 24,234,718 20,665,454 3,295,294 2,565,165 3,187,698 53,948,329
Income for the year 84,482,650 50,341,336 9,029,718 17,455,749 37,167,540 198,476,993
Other operating expenses (33,545,590) (23,893,122) (2,365,500) (1,380,504) (20,915,502) (82,100,218)
Provision for Impairment
(21,435,233) (15,398,573) 3,606,617 87,467 (5,021,206) (38,160,928)
Losses
Total expense (54,980,823) (39,291,695) 1,241,117 (1,293,037) (25,936,708) (120,261,146)
Non-operational income
(574,254) (395,266) (41,718) (41,875) 89,460 (963,653)
(expenses) – net
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Management Discussion and Analysis
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2024
Description
Micro Retail Corporate Others Subsidiary Total
Income before tax
28,927,573 10,654,375 10,229,117 16,120,837 11,320,292 77,252,194
expense
Tax expense (5,496,239) (2,276,615) (2,043,114) (4,452,855) (2,677,025) (16,945,848)
Income for the year 23,431,334 8,377,760 8,186,003 11,667,982 8,643,267 60,306,346
SEGMENT ASSETS
Gross Credit 491,220,118 470,387,225 244,344,259 - 92,366,487 1,298,318,089
Total Net Assets 463,799,448 448,188,061 283,136,349 571,455,124 212,807,264 1,979,386,246
SEGMENT LIABILITIES
Funding 382,926,442 509,274,340 465,246,630 - 8,002,692 1,365,450,104
Total Liabilities 382,926,442 509,274,340 480,589,371 146,711,717 149,370,020 1,668,871,890
Table of Operating Segment Revenue and Profitability Growth in 2024-2025
(in %)
2024-2025
Description
Micro Retail Corporate Others Subsidiary Total
Interest and premium
(2.00%) 8.69% 65.28% (11.27%) 18.32% 6.69%
income-net
Other operating income (23.47%) (9.96%) 40.75% 231.26% 6.46% (0.50%)
Total Income (8.16%) 1.03% 56.33% 24.37% 17.31% 4.74%
Other operating expenses (5.33%) 13.23% (12.86%) (41.07%) 27.94% 7.73%
Provision for Impairment
6.40% 16.11% 109.64% 152.38% 1.63% 21.02%
Losses
Total expense (0.76%) 14.36% (294.11%) (33.54%) 22.85% 11.95%
Non-operational income
(69.04%) (65.48%) (66.97%) 139.27% (130.01%) (52.78%)
(expenses) – net
Income before tax expense (21.02%) (45.64%) 14.31% 28.71% 3.44% (5.77%)
Tax expense (21.02%) (51.66%) 4.94% (5.42%) 44.31% (7.59%)
Income for the year (21.02%) (44.00%) 16.65% 41.74% (9.22%) (5.26%)
SEGMENT ASSETS
Gross Credit (4.16%) 10.52% 40.18% - 38.10% 12.51%
Total Net Assets (4.58%) 10.47% 17.29% 3.86% 24.05% 7.47%
SEGMENT LIABILITIES
Funding 1.11% 3.83% 16.34% - 20.27% 7.43%
Total Liabilities 1.11% 3.83% 13.23% 3.25% 29.28% 8.12%
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Geographic Segment
Geographic Segment Explanation
Geographical segments represent the provision of goods or services within a particular economic environment that is subject to
risks and returns different from those of operating segments in other economic environments. BRI’s geographical segments are
based on the regions of Indonesia, the United States, Hong Kong, Singapore, Timor-Leste, and Taiwan.
Productivity, Income, and Profit of Geographic Segmen
In terms of geographical performance, Indonesia remains the primary contributor, reflecting the Company’s strategic focus on
optimizing domestic growth potential. Nevertheless, all five overseas operating units also demonstrated strong performance, as
reflected in the growth of assets, income, and profit before tax, each recording double-digit growth. Assets grew by 7.47% year-
on-year, while income increased by 4.74% year-on-year. Meanwhile, income before tax and provision for impairment losses
(CKPN) continued to grow positively by 2.62%, supporting the achievement of net income of IDR57.132 trillion. The presence of
strong business potential and the ability to generate optimal profitability are among the key considerations for the Company in
determining the establishment and operation of its overseas business units.
Table of Geographic Segment Productivity, Revenue and Profitability
(in IDR millions)
Growth
Description 2025 2024
(IDR) (%)
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
INCOME
Indonesia 205,752,598 197,058,018 8,694,580 4.41%
United States of America 651,152 515,456 135,696 26.33%
Singapore 1,085,751 585,615 500,136 85.40%
Timor Leste 217,662 204,940 12,722 6.21%
Hong Kong 45,374 29,473 15,901 53.95%
Taiwan 124,233 83,491 40,742 48.80%
Total Income 207,876,770 198,476,993 9,399,777 4.74%
INCOME BEFORE TAX EXPENSE
Indonesia 71,787,451 76,550,698 (4,763,247) (6.22%)
United States of America 376,846 224,679 152,167 67.73%
Singapore 396,280 260,519 135,761 52.11%
Timor Leste 157,384 159,696 (2,312) (1.45%)
Hong Kong 18,368 9,177 9,191 100.15%
Taiwan 56,490 47,425 9,065 19.11%
Total Income before tax 72,792,819 77,252,194 (4,459,375) (5.77%)
ASSETS
Indonesia 2,016,249,550 1,897,297,699 118,951,851 6.27%
United States of America 48,076,144 36,194,629 11,881,515 32.83%
Singapore 48,118,496 36,128,669 11,989,827 33.19%
Timor Leste 8,340,523 6,411,050 1,929,473 30.10%
Hong Kong 16,049 42,145 (26,096) (61.92%)
Taiwan 6,440,821 3,312,054 3,128,767 94.47%
Total Assets 2,127,241,583 1,979,386,246 147,855,337 7.47%
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Growth
Description 2025 2024
(IDR) (%)
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
LIABILITY
Indonesia 1,696,194,903 1,588,255,466 107,939,437 6.80%
United States of Americ 47,342,734 36,070,765 11,271,969 31.25%
Singapura 47,348,226 35,828,251 11,519,975 32.15%
Timor Leste 7,767,282 5,953,655 1,813,627 30.46%
Hong Kong - 13,893 (13,893) (100.00%)
Taiwan 5,776,526 2,749,860 3,026,666 110.07%
Total Liabilities 1,804,429,671 1,668,871,890 135,557,781 8.12%
National Strategic Projects (PSN) or Other Assignments
Micro Business Loan (KUR) through access to capital and assistance, ultimately enabling
them to become independent or transition to KUR or
KUR refers to working capital or credit financing that is commercial loans. The MSE Funding Program is specifically
provided to individual, corporate, or business groups allocated for productive business purposes to empower
debtors that are productive and feasible but do not have Micro and Small Enterprises (MSEs).
sufficient additional collateral. The distribution of BRI KUR
is governed by the Regulation of the Coordinating Minister In terms of BRI internal, there was a change of business
for Economic Affairs of the Republic of Indonesia Number model in the 2021 PUMK funding program with partnership
7 of 2024, which amends the previous Regulation Number loan in the previous year, as explained below:
1 of 2023 regarding the Implementation of Micro Business 1. Up to 2020, partnership loan was under Directorate of
Loan Guidelines. Dated October 21, 2024, a letter from the Small and Medium with the following business models,
Coordinating Ministry for Economic Affairs of the Republic as follows:
of Indonesia’s Deputy for Macroeconomic and Financial a. Customer in the partnership loan segment was a
Coordination (Number PK.KUR/162/D.I.M.EKON/10/2024) feasible entrepreneur, yet having not been bankable.
announced that the Financing Policy Committee for MSMEs b. Loan initiative was conducted by RM Program.
has set BRI’s KUR ceiling at IDR180 trillion, aiming to have c. Maximum plafond of partnership loan was IDR75
at least 1,748,000 new KUR debtors in 2025 for BRI, along million.
with a minimum of 1,012,712 graduated debtors in 2025, 2. In accordance with Minutes of Handover Number B.10-
BRI Micro KUR already distributed, amounting to IDR178.08 SSM/01/2021 dated January 15, 2021, the Partnership
trillion, which represented 98.93% of the quota allocated by Loan, currently known as MSE Funding Program
the Government (PUMK) to be realized starting from 2021 became the
responsibility of Directorate of Micro with the following
Micro and Small Enterprises Funding business models, as follows:
Program (PUMK) a. PUMK Customer segment is feasible entrepreneurs,
yet having not been bankable satisfying PUMK
The Social and Environmental Responsibility (CSR) initiative, requirements.
implemented through financial support for MSE actors, is b. PUMK program is distributed through BRI Units
known as the MSE Funding Program (PUMK), previously initiated by Advisors.
referred to as the Partnership Loan Program. This MSE
Funding (PUMK) represents a government policy executed by The SMEs funding program aims to guide the SMEs-fostered
all State-Owned Enterprises (SOEs) with the purpose of not partners to become entry-level KUR debtors, enabling their
only conducting business operations but also fulfilling social businesses to thrive and potentially qualify for commercial
responsibilities by supporting micro and small businesses loans in the future. This program is structured to support
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PUMK fostered partners in transitioning into entry-level KUR sector development priorities. The ceiling adjustment was
debtors so that their businesses can expand and potentially implemented based on Government approval as stated
serve as a potential pipeline for commercial loans. At the end in the Letter of the Coordinating Ministry for Economic
of 2022, a new directive from the Ministry of State-Owned Affairs of the Republic of Indonesia Number PK.KUR/207/
Enterprises mandated that PUMK funds for state-owned D.I.M.EKON/12/2025 concerning program loan ceiling
enterprises were distributed through BRI, as outlined in the adjustment. As of the end of 2025, the realization of
Ministry of SOEs letter Number S-721 / MBU / 11/2022, which Housing Program Loan disbursement by BRI amounted to
recommended BRI as the manager for the PUMK Program IDR994.54 billion, reflecting BRI’s commitment to supporting
collaboration. Consequently, starting in 2023, state-owned the implementation of the Government’s program while
enterprises began sending funds to BRI for the distribution maintaining prudent and sustainable financing quality
of PUMK. Additionally, in 2023, the total distribution of PUMK management.
reached IDR872.6 billion, with a total of 30,871 fostered
partners. In 2024, the PUMK distribution amounted to Social Assistance (Bansos)
IDR874,6 billion, reaching a total of 28,106 fostered partners.
Meanwhile, in 2025, the PUMK distribution amounted to The Ministry of Social Affairs of the Republic of Indonesia
IDR807,7 billion, reaching a total of 20,780 fostered partners. collaborates with BRI in distributing Social Assistance, the
collaboration is based on Presidential Regulation of the
Home Ownership Credit (KPR) Republic of Indonesia Number 63 of 2017 concerning the
Distribution of Non-Cash Social Assistance through banking
Home Ownership Credit (KPR) is a financing facility system. In 2025, the Government through the Ministry of
disbursed by BRI in order to support the Government’s policy Social Affairs of the Republic of Indonesia distributed four
to accelerate the provision of national housing through the 3 types of social assistance programs, as follows:
Million Houses Program. KPP is intended for micro, small, and 1. Family Hope Program Social Assistance (PKH Social
medium enterprises (MSMEs), both individuals and business Assistance)
entities, operating in the housing provision sector, including Distributed to 3.55 million Beneficiary Families (KPM)
small-scale housing developers, contractors, and building with total assistance of IDR9.84 trillion.
material traders, as well as MSME actors requiring financing 2. Social Assistance of Basic Food Program
to support home ownership, construction, or renovation that Distributed to 6.01 million Beneficiary Families (KPM)
supports their business activities. with total assistance of IDR11.52 trillion.
3. Economic Stimulus of Basic Food Program for Quarter
The mandate for the disbursement of BRI’s Home Ownership 2 of 2025
Credit (KPR) is based on Regulation of the Coordinating Distributed to 6.01 million Beneficiary Families (KPM)
Minister for Economic Affairs of the Republic of Indonesia with a total assistance amounting to IDR2.41 trillion.
Number 13 of 2025 concerning Housing Program Loans, and 4. Temporary Direct Cash Assistance for People’s
is further stipulated in a Cooperation Agreement between BRI Welfare (BLTS-Kesra)
and the Ministry of Public Works and Public Housing (PUPR). Distributed to 5.60 million Beneficiary Families (KPM)
In its implementation, BRI is appointed as the disbursing bank with a total assistance amounting to IDR5.04 trillion.
responsible for the financing disbursement process, subsidy
management, and credit quality control in accordance with Accordingly, the total assistance distributed from the four
prevailing regulations. types of programs (Bansos PKH, Bansos Sembako, Economic
Stimulus of Basic Food Program for Quarter 2 of 2025, and
In 2025, the Government mandated BRI to disburse Housing Temporary Direct Cash Assistance for People’s Welfare
Program Loans with a quota of IDR1 trillion, allocated (BLTS-Kesra)) throughout 2025 amounted to IDR28.80 trillion,
through a switching mechanism of a portion of the Micro representing an increase of 35.85% compared to social
Business Loan (KUR) ceiling to support national housing assistance distribution in 2024 amounting to IDR21.19 trillion.
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Financial
Review
The financial review presented below refers to the Financial Statements for the year ended December 31, 2025, as disclosed
in this Annual Report. The Financial Statements have been audited by Public Accounting Firm Purwanto, Sungkoro & Surja
(Member of Ernst & Young Global Limited), which expressed the opinion that the consolidated financial statements present
fairly, in all material respects, the consolidated financial position of PT Bank Rakyat Indonesia (Persero) Tbk and its subsidiaries
as of December 31, 2025, as well as the consolidated statement of profit or loss and other comprehensive income and the
consolidated statement of cash flows for the year then ended, in accordance with Indonesian Financial Accounting Standards.
Financial Performance
BRI’s financial performance consists of the performance of the Consolidated Financial Position Report, Consolidated Profit and
Loss Report and Other Comprehensive Income along with the Consolidated Cash Flow Report presented as follows.
Consolidated Statement of Financial Position
Table of Consolidated Financial Position Statement
(in IDR million)
Growth
Description 2025 2024*)
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
ASSETS
Cash 32,044,482 29,783,642 2,260,840 7.59%
Current Accounts with Bank Indonesia 31,929,608 88,878,969 (56,949,361) (64.08%)
Current Accounts with Other Banks 42,444,581 25,582,825 16,861,756 65.91%
Allowance for impairment losses (11,273) (8,378) (2,895) 34.55%
Current accounts with other banks - Net 42,433,308 25,574,447 16,858,861 65.92%
Placement in Bank Indonesia and Other Financial
21,057,210 57,874,335 (36,817,125) (63.62%)
Institutions
Allowance for impairment losses (2,405) (767) (1,638) 213.56%
Placement in Bank Indonesia and Other Financial
21,054,805 57,873,568 (36,818,763) (63.62%)
Institutions - Net
Securities 372,732,802 326,535,700 46,197,102 14.15%
Allowance for impairment losses (89,519) (58,823) (30,696) 52.18%
Securities - Net 372,643,283 326,476,877 40,166,406 14.14%
Export Bills and Other Receivables 48,252,083 40,656,822 7,595,261 18.68%
Allowance for impairment losses (465,498) (1,075,559) (610,061) (56.72%)
Export Bills and Other Receivables - Net 47,786,585 39,581,263 8,205,322 20.73%
Securities under agreement to resell 24,452 16,845,690 (16,821,238) (99.85%)
Derivative receivables 1,167,029 1,087,048 76,981 7.36%
Loans 1,460,729,418 1,298,318,089 162,411,329 12.51%
312 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
(in IDR million)
Growth
Description 2025 2024*)
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Allowance for impairment losses (79,328,619) (76,902,889) (2,425,730) 3.15%
Loans - Net 1,381,400,799 1,221,415,200 159,985,599 13.10%
Sharia Loans 56,350,282 49,889,082 6,461,200 12.95%
Allowance for impairment losses (3,565,115) (3,995,032) 429,917 (10.76%)
Sharia Loans - Net 52,785,167 45,894,050 6,891,117 15.02%
Financing Receivables 4,406,157 6,433,608 (2,027,451) (31.51%)
Allowance for impairment losses (164,922) (165,590) 668 (0.40%)
Financing Receivables - Net 4,241,235 6,268,018 (2,026,783) (32.34%)
Acceptance Receivables 13,078,567 10,105,373 2,973,194 29.42%
Allowance for impairment losses (32,226) (321,683) 289,457 (89.98%)
Acceptance Receivables - Net 13,046,341 9,783,690 3,262,651 33.35%
Investment in share 8,834,868 8,076,567 758,301 9.39%
Fixed Assets
Acquisition cost 94,045,303 88,479,818 5,565,485 6.29%
Accumulated depreciation (30,751,063) (26,001,853) (4,749,210) 18.26%
Book Value-Net 63,294,240 62,477,965 816,275 1.31%
Deferred Tax Assets - Net 8,129,522 12,800,660 (4,671,138) (36.49%)
Investment Property 19,155 197,380 (178,225) (90.30%)
Other Assets-net 54,536,226 39,171,872 15,364,354 39.22%
TOTAL ASSETS 2,135,371,105 1,992,186,906 143,184,199 7.19%
LIABILITIES AND EQUITY
Liabilities
Libilities due Immediately 39,818,745 36,821,661 2,997,084 8.14%
Deposits from Customers
Demand Deposits 448,203,670 374,554,340 73,649,330 19.66%
Saving Deposits 587,585,862 544,426,947 43,158,915 7.93%
Deposit 431,054,307 446,468,817 (15,414,510) (3.45%)
1,466,843,839 1,365,450,104 101,393,735 7.43
Deposits from other banks and other financial
17,601,436 14,679,482 2,921,954 19.91%
institutions
Securities sold under agreement to repurchase 27,932,749 25,043,717 2,889,032 11.54%
PT Bank Rakyat Indonesia (Persero) Tbk. 313
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Management Discussion and Analysis
on Bank Performance
(in IDR million)
Growth
Description 2025 2024 *)
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Derivative payables 1,101,753 1,585,120 (483,367) (30.49%)
Acceptance Payables 13,078,567 10,105,373 2,973,194 29.42%
Taxes Payable 3,299,310 2,150,487 1,148,823 53.42%
Marketable Securities Issued 40,901,648 32,502,499 8,399,149 25.84%
Fund Borrowings 129,186,116 127,879,804 1,306,312 1.02%
Estimated Losses on Commitments and
1,946,135 2,551,050 (604,915) (23.71%)
Contingencies
Liabilities for Employee Benefits 27,428,311 20,936,335 6,491,976 31.01%
Other Liabilities 34,804,195 28,674,477 6,129,718 21.38%
Subordinated Loans and marketable Securities 486,867 491,781 (4,914) (1.00%)
TOTAL LIABILITIES 1,804,429,671 1,668,871,890 135,557,781 8.12%
Equity
Capital stock 7,577,950 7,577,950 0 0.00%
Additional paid-in capital 75,946,195 75,880,223 65,972 0.09%
Revaluation surplus arising from Premises and
20,754,251 20,222,379 531,872 2.63%
equipment - net of tax
Differences arising from the transaction of foreign
227,059 (204,632) 431,691 (210.96%)
currency
Unrealized profit (loss) on fiar value through other
1,289,152 (2,196,060) 3,485,212 (158.70%)
comprehensive income securities - net of deferred tax
Allowance for Impairment Losses on fair value
60,966 51,931 9,035 17.40%
through other comprehensive income security
Loss on measurement of defined benefit plan- net of
(2,198,095) (505,787) (1,692,308) 334.59%
deferred tax
treasury stock (4,463,270) (4,349,007) (114,263) 2.63%
Stock options 121,808 313,404 (191,596) (61.13%)
Provision for bonus shares compensation 453,231 452,031 1,200 0.27%
Allowance for insurance finance 1,758,580 1,758,580 0 0.00%
Impact of Non-Controlling Transactions (157,347) (5,050) (152,297) 3015.77%
Retained Earnings
Appropriated 3,022,685 3,022,685 0 0.00%
Unappropriated 219,640,693 215,009,704 4,630,989 2.15%
Total Retained Earnings 222,663,378 218,032,389 4,630,989 2.15%
Total equity Attributable to Equity Holders of the
324,033,858 317,028,351 7,005,507 2.21%
Parent Entity
Non-controlling interests 6,907,576 6,286,665 620,911 9.88%
TOTAL EQUITY 330,941,434 323,315,016 7,626,418 2.36%
TOTAL LIABILITIES AND EQUITY 2,135,371,105 1,992,186,906 143,184,199 7.19%
*) After reclassification and restatement
314 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Consolidated Financial Position Statement Graph
(in trilion IDR)
2,135.37
1,992.19
1,804.43
1,668.87
323.32 330.94
Assets Liabilities Equity
2024 2025
Total Assets
In 2025, total assets reached IDR2,135.37 trillion, an increase of 7.19% compared to 2024, which stood at IDR1,992.19 trillion. This
asset growth was primarily driven by productive assets, specifically loans and financing, which increased by 12.51% yearon-
year (YoY) or by IDR162.41 trillion. The loan and financing growth was mainly contributed by BRI Bank Only, which grew by
10.43% or increased by IDR126.83 trillion, Pegadaian, which saw a 47.63% YoY growth, or an increase of IDR40.67 trillion, PNM,
which grew by 8.27% YoY, equivalent to a nominal increase of IDR0.6 trillion.
Asset Table
(In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cash 32,044,482 29,783,642 2,260,840 7.59%
Current Accounts with Bank Indonesia 31,929,608 88,878,969 (56,949,361) (64.08%)
Current Accounts with Other Banks 42,444,581 25,582,825 16,861,756 65.91%
Allowance for impairment losses (11,273) (8,378) (2,895) 34.55%
Current Accounts with Other Banks – Net 42,433,308 25,574,447 16,858,861 65.92%
Placement with Bank Indonesia and Other Financial
21,057,210 57,874,335 (36,817,125) (63.62%)
Institution
Allowance for impairment losses (2,405) (767) (1,638) 213.56%
Placement with Bank Indonesia and Other Financial
21,054,805 57,873,568 (36,818,763) (63.62%)
Institution - Net
Securities 372,732,802 326,535,700 46,197,102 14.15%
Allowance for impairment losses (89,519) (58,823) (30,696) 52.18%
Securities - Net 372,643,283 326,476,877 40,166,406 14.14%
Export bills and other receivables 48,252,083 40,656,822 7,595,261 18.68%
Allowance for impairment losses (465,498) (1,075,559) (610,061) (56.72%)
Export bills and other receivables - Net 47,786,585 39,581,263 8,205,322 20.73%
Securities under agreement to resell 24,452 16,845,690 (16,821,238) (99.85%)
Derivative receivables 1,167,029 1,087,048 76,981 7.36%
PT Bank Rakyat Indonesia (Persero) Tbk. 315
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Management Discussion and Analysis
on Bank Performance
(In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Loans 1,460,729,418 1,298,318,089 162,411,329 12.51%
Allowance for impairment losses (79,328,619) (76,902,889) (2,425,730) 3.15%
Loans - Net 1,381,400,799 1,221,415,200 159,985,599 13.10%
Sharia Loans 56,350,282 49,889,082 6,461,200 12.95%
Allowance for impairment losses (3,565,115) (3,995,032) 429,917 (10.76%)
Sharia Loans - Net 52,785,167 45,894,050 6,891,117 15.02%
Financing Receivables 4,406,157 6,433,608 (2,027,451) (31.51%)
Allowance for impairment losses (164,922) (165,590) 668 (0.40%)
Financing Receivables - Net 4,241,235 6,268,018 (2,026,783) (32.34%)
Acceptance receivables 13,078,567 10,105,373 2,973,194 29.42%
Allowance for impairment losses (32,226) (321,683) 289,457 (89.98%)
Acceptance receivables - Net 13,046,341 9,783,690 3,262,651 33.35%
Investment in shares 8,834,868 8,076,567 758,301 9.39%
Fixed assets
Acquisition cost 94,045,303 88,479,818 5,565,485 6.29%
Accumulated depreciation (30,751,063) (26,001,853) (4,749,210) 18.26%
Net book value 63,294,240 62,477,965 816,275 1.31%
Deferred Tax Assets-net 8,129,522 12,800,660 (4,671,138) (36.49%)
Investment Property 19,155 197,380 (178,225) (90.30%)
Other Assets-net 54,536,226 39,171,872 15,364,354 39.22%
TOTAL ASSETS 2,135,371,105 1,992,186,906 143,184,199 7.19%
Cash
Cash in 2025 reached IDR32.04 trillion, an increase of 7.59% compared to IDR29.78 trillion in 2024. The overall change in cash
was largely influenced by the Rupiah currency, which increased by IDR2.63 trillion or 9.37% YoY. This movement aligns with the
company’s operational needs.
Table of Cash
(In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 30,664,826 28,038,187 2,626,638 9.37%
Foreign currency
United States Dollar 647,950 1,046,561 (398,611) (38.09%)
Malaysian Ringgit 146,102 80,791 65,311 80.84%
European Euro 143,715 83,216 60,499 72.70%
316 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
(In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Australian Dollar 137,314 30,056 107,258 356.86%
Saudi Arabian Riyal 121,150 273,340 (152,190) (55.68%)
Singapore Dollar 87,864 137,955 (50,091) (36.31%)
British Pound Sterling 29,304 19,924 9,380 47.08%
United Arab Emirates Dirham 13,268 23,408 (10,140) (43.32%)
Japanese Yen 10,767 7,001 3,766 53.79%
Canadian Dollar 9,980 3,806 6,174 162.22%
Swiss Franc 7,115 10,421 (3,306) (31.72%)
Brunei Darussalam Dollar 5,628 10,374 (4,746) (45.75%)
New Zealand Dollar 3,856 4,681 (825) (17.62%)
Hong Kong Dollar 3,437 2,868 569 19.84%
Thai Baht 3,327 662 2,665 402.57%
New Taiwan Dollar 2,904 4,555 (1,651) (36.25%)
South Korean Won 2,440 392 2,048 522.45%
Renminbi 2,221 4,134 (1,913) (46.27%)
Vietnamese Dong 608 205 403 196.59%
Philippine Peso 479 876 (397) (45.32%)
Indian Rupee 139 137 2 1.46%
Papua New Guinean Kina 87 92 (5) (5.43%)
Norwegian Krone 1 - 1 -
Total Foreign Currency 1,379,656 1,745,455 (365,799) (20.96%)
Total 32,044,482 29,783,642 2,260,840 7.59%
Current Accounts with Bank Indonesia
The curent account with Bank Indonesia (BI) in 2025 reached IDR31.93 trillion, a decrease of 64.08% compared to IDR88.88
trillion in 2024. This decline aligns with the Statutory Reserve Requirement (GWM) incentive received by the company of 5% as
of the end of December 2025, higher than 4% in December 2024. This incentive was granted to the company for its positive
contribution to loan distribution in priority sectors as determined by Bank Indonesia.
Table of Current Account with Bank Indonesia (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 22,399,643 77,556,344 (55,156,701) (71.12%)
United States Dollar 9,529,965 11,322,625 (1,792,660) (15.83%)
Total 31,929,608 88,878,969 (56,949,361) (64.08%)
PT Bank Rakyat Indonesia (Persero) Tbk. 317
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Management Discussion and Analysis
on Bank Performance
Current Accounts with Other Banks
The current account with other banks in 2025 reached IDR42.43 trillion, an increase of 65.92% YoY compared to IDR25.57
trillion in 2024. This movement aligns with operational needs and consider the liquidity optimization required by the company.
Table of Current Account with Other Banks Based on Currency (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Third party
Rupiah 721,389 455,510 265,877 58.37%
Foreign currency 41,233,135 24,622,578 16,610,557 67.46%
Related parties
Rupiah 473,647 470,161 3,486 0.74%
Foreign currency 16,410 34,576 (18,166) (52.54%)
Total 42,444,581 25,582,825 16,861,756 65.91%
Allowance for impairment losses (11,273) (8,378) (2,895) 34.56%
Total-Net 42,433,308 25,574,447 16,858,861 65.92%
Placements with Bank Indonesia and Other Financial Institutions
Placements with Bank Indonesia and Other Financial Institutions in 2025 reached IDR21.06 trillion, a decrease of 63.62% YoY
compared to IDR57.87 trillion in 2024. This decline was mainly due to a IDR11.49 trillion decrease in Deposit Facility placements
at the central bank, as part of liquidity adjustments and yield optimization efforts
Table of Placement with Bank Indonesia and Other Financial Institutions Based on Currency and Type (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
THIRD PARTY
Rupiah
Bank Indonesia - 18,949,861 (18,949,861) (100.00%)
Inter-bank call money - 2,155,000 (2,155,000) (100.00%)
Time deposit 751,128 445,971 282,957 (63.43%)
Other placements 1,518,148 - 1,518,148 100.00%
United States Dollar
Bank Indonesia 8,337,500 16,095,000 (7,757,500) (48.20%)
Inter-bank call money 2,939,692 10,611,299 (7,671,607) (72.30%)
318 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Time deposit - 10,214 (10,214) (100.00%)
Other placements 4,739,138 4,216,890 522,248 12.38%
New Taiwan Dollar
Inter-bank call money - 196,370 (196,370) (100.00%)
18,285,606 52,680,605 (34,394,999) (65.29%)
RELATED PARTIES
Rupiah
Inter-bank call money - 1,000,000 1,000,000 100.00%
Time deposit 328,556 982,677 (654,121) (66.57%)
United States Dollar
Inter-bank call money 2,417,875 3,186,810 (768,935) (24.13%)
Time deposit 25,173 24,243 930 3.84%
2,771,604 5,193,730 (2,422,126) (46.64%)
Total 21,057,210 57,874,335 (36,817,125) (63.62%)
Allowance for impairment losses (2,405) (767) (1,638) 213.56%
Net 21,054,805 57,873,568 (36,818,763) (63.62%)
Securities
Securities in 2025 reached IDR372.73 trillion, increasing by 14.15% compared to IDR326.54 trillion in 2024. This movement was
contributed by an increase in held-to-maturity securities, which rose by 34.37% YoY, or IDR46.48 trillion. This increase was
primarily aimed at optimizing the portfolio toward assets with higher yields while still maintaining flexibility for the Company’s
liquidity.
Table of Securities Based on Remaining Life to Maturity (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Third Party 123,728,980 87,391,531 36,337,449 41.58%
Related parties 249,003,822 239,144,169 9,859,653 4.12%
Total 372,732,802 326,535,700 46,197,102 14.15%
Less allowance for impairment losses (89,519) (58,823) (30,696) 52.18
Net 372,643,283 326,476,877 46,166,406 14.14%
PT Bank Rakyat Indonesia (Persero) Tbk. 319
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Management Discussion and Analysis
on Bank Performance
Export Bills and Others Receivable Net The recognition of derivative receivables was due to the
increase in the fair value of derivatives at the reporting date
Export Bills and Other Receivables in 2025 reached IDR48.25 compared to their contract value.
trillion increasing by 18.68% or amounted to IDR7.60 trillion
compared to IDR40.66 trillion in 2024. This increase was Loans and Financing Given
mainly contributed by Rupiah Bills Receivable, which rose
by IDR2.80 trillion, and related-party USD Bills Receivable, BRI’s consolidated loans and financing given in 2025 reached
which grew by IDR2.30 trillion. This increase aligns with data IDR1,521.49 trillion, representing an increase of 12.32%
indicating that Indonesia’s total export value in 2025 grew year-on-year compared to IDR1,354.64 trillion in 2024. This
by 6.15% year-on-year (YoY), reaching USD282.91 billion, or increase was primarily driven by BRI Only loans, which
USD16.38 billion higher than USD266.53 billion recorded in grew 10.43% year-on-year or IDR126.83 trillion. All of the
2024. Company’s business segments recorded solid growth. The
MSME segment (including consumer loans) grew 6.18% year-
Security Purchased Under Agreement to Resell on-year or IDR68.61 trillion, maintaining a strong portfolio
composition of 77.49%. Meanwhile, the corporate segment
Securities Purchased with an Agreement to Resell in 2025 also recorded strong growth of 40.22% year-on-year or
amounted to IDR22.45 billion, reflecting a 99.85% YoY IDR98.24 trillion, largely driven by high-quality corporations
decline compared to IDR16.85 trillion in 2024. This decrease with value chains linked to the Company’s MSME segment.
aligns with the company’s strategy to diversify income This growth profile reflects the Company’s ability to balance
sources and optimize interest revenue by reallocating funds loan expansion with ongoing improvements in asset quality,
to more productive assets, particularly credit disbursement. as evidenced by profitability ratios that remain well maintained
at optimal levels.
Derivative Receivables
In 2025, Pegadaian recorded a commendable performance,
Derivative Receivables in 2025 reached IDR1.17 trillion, achieving growth of 47.64%, equivalent to a nominal increase
reflecting an increase of IDR76.98 billion compared to of IDR40.67 trillion. Pegadaian’s ability to optimize gold price
IDR91.09 trillion in 2024. These derivative transactions were movements was a crucial factor contributing to this growth.
conducted for hedging purposes and liquidity management.
Table of Loan and Financing Provided (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Loan Given 1,460,729,418 1,298,318,089 162,411,329 12.51%
Syariah Loans 56,350,282 49,889,082 6,461,200 12.95%
Finance Lease Receivables 4,406,157 6,433,608 (2,027,451) (31.51%)
Total Loan and Financing Provided (Gross) 1,521,485,857 1,354,640,779 166,845,078 12.32%
Minus reserves (83,058,656) (81,063,511) (1,995,145) 2.46%
Net 1,438,427,201 1,273,577,268 164,849,933 12.94%
Acceptance Receivable
Acceptance receivable in 2025 reached IDR13.08 trillion, increasing by 29.42% YoY (IDR2.97 trillion) compared to IDR10.11 trillion
in 2024. This increase was supported by BRI’s ability to optimize export-import business potential, particularly in documentary
credit acceptance (L/C) transactions.
320 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Share Participation
In 2025, share participation reached IDR8.83 trillion, marking reduction, BRI continues to ensure sufficient provisioning as
a 9.39% year-on-year (YoY) increase compared to IDR8.08 part of its risk mitigation strategy for potential deterioration
trillion in 2024. The dominant factor driving this growth in productive assets
was the recognition of the equity method for profits from
associated entities, in proportion to BRI’s ownership stake, Other Assets – Net
particularly in PT Bank Syariah Indonesia and PT Bahana
Artha Ventura. Other assets – net (including investment property) in 2025
reached IDR54.55 trillion, representing an increase of 38.57%
Fixed Assets year-on-year compared to IDR39.37 trillion in 2024. The
increase in other assets was mainly driven by receivables
In 2025, fixed assets reached IDR63.29 trillion, reflecting a related to ATM and credit card transactions, which increased
1.31% year-on-year (YoY) increase compared to IDR62.48 by IDR576,78 billion, in line with higher transaction volumes.
trillion in 2024. This increase was allocated to support the In addition, the increase was also supported by a rise in gold
reliability of the Company’s information technology (IT) deposit assets amounting to IDR3.27 trillion, in line with the
infrastructure and to ensure that the adequacy, feasibility, commencement of bullion bank operations managed by
and completeness of the operational premises across work Pegadaian, a company within the BRI Group
units remain in optimal and serviceable condition.
Total Liabilities
Deffered Tax Assets – Net
In 2025, total liabilities reached IDR1,804.43 trillion,
Deferred Tax Assets (Net) in 2025 amounted to IDR8.13 reflecting a increase of 8.12% year-on-year (YoY) compared
trillion, reflecting a 36.49% YoY decrease from IDR12.80 to IDR1,668.87 trillion in 2024. This increase was primarily
trillion in 2024. This decline was primarily driven by a drop driven by a IDR101.39 trillion rise in customer deposits.
in Allowance for Impairment Losses (CKPN), in line with Customer deposits remained the largest contributor to total
accelerated resolution of non-performing assets. Despite the liabilities, accounting for 81.29% of the total.
Table of Liabilities (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Liabilities Due Immediately 39,818,745 36,821,661 2,997,084 8.14%
Deposits from customers
Demand Deposits 448,203,670 374,554,340 73,649,330 19.66%
Saving deposits 587,585,862 544,426,947 43,158,915 7.93%
Deposit 431,054,307 446,468,817 (15,414,510) (3.45%)
Total Deposits from Customers 1,466,843,839 1,365,450,104 101,393,735 7.43%
Deposits from other banks and financial
17,601,436 14,679,482 2,921,954 19.91%
institutions
Securities under agreement to repurchase 27,932,749 25,043,717 2,889,032 11.54%
Derivative payables 1,101,753 1,585,120 (483,367) (30.49%)
Acceptance payable 13,078,567 10,105,373 2,973,194 29.42%
Tax Debt 3,299,310 2,150,487 1,148,823 53.42%
Marketable securities issued 40,901,648 32,502,499 8,399,149 25.84%
Fund borrowings 129,186,116 127,879,804 1,306,312 1.02%
Estimation of Losses on Commitments and
1,946,135 2,551,050 (604,915) (23.71%)
Contingencies
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Liabilities for employee benefits 27,428,311 20,936,335 6,491,976 31.01%
Other Liabilities 34,804,195 28,674,477 6,129,718 21.38%
Subordinated loans and marketable securities 486,867 491,781 (4,914) (1.00%)
TOTAL LIABILITIES 1,804,429,671 1,668,871,890 135,557,781 8.12%
Immediate Liabilities Customer Deposits
Immediate liabilities include advance payment deposits, In 2025, customer deposits reached IDR1,466.84 trillion,
dividend deposits, BRI’s obligations as the issuing bank for reflecting a 7.43% year-on-year (YoY) increase compared to
ATM and credit cards, remittances, check deposit funds, IDR1,365.45 trillion in 2024. The highest deposit growth was
deposit receipts, clearing transactions, tax deposits received driven by Current Account and Savings Account (CASA),
by BRI, and social assistance funds. In 2025, immediate which grew by 12.71% YoY, or IDR116.81 trillion. Meanwhile,
liabilities reached IDR39.82 trillion, reflecting a 8.14% year- time deposits (Deposits) declined by 3.45% YoY, equivalent
on-year (YoY) increase compared to IDR36.82 trillion in to IDR15.41 trillion.
2024. The largest component of this increase was the interim
dividend payment deposits, which amounted to IDR20.63 The increase in deposits was in line with the Company’s
trillion. This was in line with BRI’s announcement of interim first focus on optimizing funding by distributing productive
dividend payments at the end of December 2025, with the assets, especially recorded loan. The Company was able
actual payment executed in January 2026. to maintain LDR, Bank Only at 91.43%, far below the trigger
level. In addition, in line with the strategy of focusing on
absorbing low-cost funds or CASA, the Company’s CASA
ratio in December 2025 was recorded as the highest in
history or 70.61% and will continue to be increased in the
future in line with the strategy to focus on obtaining CASA
through transactions.
Table of Customer Deposits (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current account 448,203,670 374,554,340 73,649,330 19.66%
Saving 587,585,862 544,426,947 43,158,915 7.93%
Time Deposit 431,054,307 446,468,817 (15,414,510) (3.45%)
Total Customer Deposits 1,466,843,839 1,365,450,104 101,393,735 7.43%
Deposits from Other Banks and Financial Institutions Securities Sold Under Agreement to Repurchase
In 2025, deposits from other banks and financial institutions In 2025, securities sold under repurchase agreements
reached IDR17.60 trillion, reflecting a 19.91% increase reached IDR27.93 trillion, marking a 11.54% year-on-year
compared to IDR14.68 trillion in 2024. This increase was part (YoY) increase compared to IDR25.04 trillion in 2024. This
of the company’s strategy to optimize liquidity acquisition increase was part of the company’s liquidity fulfillment
and an effort to diversify funding sources beyond third-party strategy, particularly for short-term liquidity needs of
funds. less than one year, to accommodate the dynamic liquidity
movements occurring in the industry.
322 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Derivative Payable increase in the volume of several acceptances at year-end,
which were financed in the form of bank guarantees and/
In 2025, derivative payable reached IDR1.10 trillion, reflecting or bills of exchange, recorded under the commitments and
a 30.49% YoY decrease compared to IDR1.59 trillion in 2024. contingencies item.
This increase was part of the company’s treasury strategy in
response to fluctuating interest rate trends. Tax Payable
Liabilitas Payable In 2025, tax payables reached IDR3.30 trillion, reflecting a
53.42% YoY increase compared to IDR2.15 trillion in 2024.
In 2025, acceptance payable reached IDR13.08 trillion, This movement was contributed by three (3) items, namely
reflecting a 29.42% YoY increase compared to IDR10.11 income tax (Article 25 and 29) from both BRI Parent and its
trillion in 2024. This movement was partly due to an subsidiaries, as well as value-added tax.
Table of Tax Debt (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
BRI (PARENT ENTITY)
Income tax
Article 25 485,627 1,341,508 (855,881) (63.80%)
Article 29 1,222,206 14,611 1,207,595 8,264.97%
Total Tax Payables of BRI 1,707,833 1,356,119 351,714 25.94%
SUBSIDIARY ENTITY
Income tax 1,461,099 682,774 778,325 113.99%
Value-added tax 130,378 111,594 18,784 16.83%
Total Tax Payables of Subsidiaries 1,591,477 794,368 797,109 100.35%
Total Tax Payables 3,299,310 2,150,487 1,148,823 53.42%
Marketable Securities Issued
In 2025, securities issued amounted to IDR40.90 trillion, 4. PNM Social Mudharabah Sukuk Phase I and II in 2025
reflecting a 25.84% year-on-year (YoY) growth compared amounting to IDR2.77 trillion.
to IDR32.50 trillion in 2024. In terms of denomination, 5. Pegadaian Sustainable Bonds VI Phase II in 2025
this change was primarily driven by rupiah-denominated amounting to IDR4.35 trillion.
securities, which declined by 25.84% year-on-year or
decreased by IDR8.40 trillion. The movement was influenced Fund Borrowings
by several types of securities, as outlined below:
1. Sustainable Social Bonds I Phase I of BRI in 2025 In 2025, borrowings received amounted to IDR129.19 trillion,
amounting to IDR4.82 trillion. reflecting a 1.02% YoY increase compared to IDR127.88
2. BRI Finance Sustainable Bonds Phase I in 2025 trillion in 2024. This increase was primarily driven by the
amounting to IDR590 billion. issuance of Social Loans and Club Loans (SLCL) and bilateral
3. PNM Sustainable Orange Social Bonds I Phase I in 2025 loans, as part of BRI’s strategy to balance liquidity needs,
amounting to IDR852 billion. ensuring adequate funding and optimal allocation
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Management Discussion and Analysis
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Estimated Losses on Commitments and Liabilities For Employee Benefits
Contingencies
In 2025, employee benefit liabilities reached IDR27.43 trillion,
In 2025, estimated loss on commitments and contingencies reflecting a 31.01% YoY growth compared to IDR20.94
reached IDR1.95 trillion, marking a 23.71% YoY decrease trillion in 2024. This decrease was attributed to movements
compared to IDR2.55 trillion in 2024. This decline was in line in reserves for employee benefit programs, which had been
with the decrease in exposure to contingent commitment adjusted by actuarial calculations. These adjustments were
liabilities, such as bank guarantees and letters of credit, based on changes in key actuarial assumptions, including the
particularly from debtors in the construction, trading, and discount factor, wage growth assumptions, average employee
services sectors. age, movements in gold prices and other relevant factors.
Table of Liabilities for Employee Benefits (In Million IDR)
Growth
Description 2025 2024
Nominal %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Provisions for employee benefit program 16,689,746 12,629,995 4,059,751 32.14%
Provision for bonuses and incentives 9,184,044 6,828,505 2,355,539 34.50%
Provision for religious festify allowancer 1,347,672 1,217,871 129,801 10.66%
Provision for contract worker 120,375 174,964 (54,589) (31.20%)
Provision for exit management 86,474 85,000 1,474 1.73%
Total 27,428,311 20,936,335 6,423,649 30.68%
Other Liabilities Total Equity
Other liabilities in 2025 reached IDR34.80 trillion, increasing In 2025, total equity reached IDR330.94 trillion, reflecting a
21.38% year-on-year compared to IDR28.67 trillion in 2024. 2.36% YoY increase or IDR7.63 trillion compared to IDR323.32
This increase was contributed by the growth in Gold Deposit trillion in 2024. This increase was primarily driven by the
Payable, in line with the rise in gold transactions managed company’s ability to sustain net profit, which was recorded
by Pegadaian, one of the Companies within the BRI Group. at IDR57.13 trillion, and after accommodating interim dividend
payments of IDR20.6 trillion. In addition, the increase was
Subordinated Loans and Marketable Securities also supported by improvements in other comprehensive
income from employee benefits, which improved by IDR3.49
In 2025, subordinated loans and securities amounted to trillion, or 158.70% YoY, driven by the improvement in bond
IDR486.87 billion, remaining relatively flat with only a 1.00% YoY yields over the past year.
decrease compared to IDR491.78 billion in 2024. This movement
was solely impacted by the annual amortization process.
Table of Equity (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Capital stock 7,577,950 7,577,950 0 0.00%
Additional paid-in capital 75,946,195 75,880,223 65,972 0.09%
324 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Revaluation surplus arising from premises and
20,754,251 20,222,379 531,872 2.63%
equipment
Differences arising from the translation of foreign
227,059 (204,632) 431,691 (210.96%)
currency
Unrealized loss on fair value through other
1,289,152 (2,196,060) 3,485,212 (158.70%)
comprehensive income securities -net of deferred tax
Allowance for impairment losses on fair value through
60,966 51,931 9,035 17.40%
other comprehensive income security
loss on remeasurement of defined benefit plan- net of
(2,198,095) (505,787) (1,692,308) 334.59%
deferred tax
Treasury stock (4,463,270) (4,349,007) (114,263) 2.63%
Stock options 121,808 313,404 (191,596) (61.13%)
Provision for bonus shares compensation 453,231 452,031 1,200 0.27%
Allowance for insurance finance 1,758,580 1,758,580 0 0.00%
Impact of Non-Controlling Transactions (157,347) (5,050) (152,297) 3015.77%
Retained Earnings
Appropriated 3,022,685 3,022,685 0 0.00%
Unappropriated 219,640,693 215,009,704 4,630,989 2.15%
Total Retained Earnings 222,663,378 218,032,389 4,630,989 2.15%
Total equity attributable to equity holders of the
324,033,858 317,028,351 7,005,507 2.21%
parent entity
Non-controlling interests 6,907,576 6,286,665 620,911 9.88%
TOTAL EQUITIES 330,941,434 323,315,016 7,626,418 2.36%
Capital Stock Repurchased Share Capital (Treasury Shares)
In 2025, share capital reached IDR7.58 trillion, remaining Treasury stock (treasury shares) in 2025 reached IDR4.46
unchanged compared to 2024, as there were no corporate trillion, a slight increase of 2.63% yoy compared to 2024,
actions related to the issuance of new shares throughout which reached IDR4.35 trillion. This movement aligns with
2025. the stock buyback program and the distribution of shares to
employees in the form of ESA.
Unrealized Gains (Losses) on Securities Classified
as Fair Value Through Other Comprehensive Non-Controlling Interests
Income-Net
In 2025, non-controlling interests reached IDR6.91 trillion,
In 2025, the unrealized gains (losses) on securities classified marking a 9.88% increase compared to IDR6.29 trillion in
as fair value through other comprehensive income - net 2024. This increase was driven by the 16.12% YoY increase
rebounded to a positive IDR1.29 trillion, representing a in the profit contribution from Subsidiaries, which rose
growth of 158.70% year-on-year (YoY) compared to a by IDR1.44 trillion. As a result, the profit contribution from
negative IDR2.20 trillion in 2024. This was in line with the subsidiaries to consolidated profit increased to 18.16%,
improvement in securities yields throughout 2025. reflecting a 3.43% YoY improvement compared to 14.73% in
December 2024.
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Consolidated Statement of Profit or Loss and Other Comperhensive Income
Table of Consolidated Statement of Profit and Loss and Other Comprehensive Income (In Million IDR)
Growth
Description 2025 2024*)
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest and Sharia Income
Interest income 192,859,238 185,272,091 7,587,147 4.10%
Sharia income 14,924,130 13,994,161 929,969 6.65%
Total Interest and Sharia Income 207,783,368 199,266,252 8,517,116 4.27%
Interest and Sharia Expenses
Interest expense (56,012,924) (56,202,797) 189,873 (0.34%)
Sharia expense (1,272,015) (1,006,265) (265,750) 26.41%
Total Interest and Sharia Expenses (57,284,939) (57,209,062) (75,877) 0.13%
Interest and Sharia Income-net 150,498,429 142,057,190 8,441,239 5.94%
Insurance service income 7,662,733 7,346,611 316,122 4.30%
Insurance service expenses (6,364,550) (6,179,801) (184,749) 2.99%
Insurance service income – net 1,298,183 1,166,810 131,373 11.26%
Interest, sharia, premium, insurance service income
151,796,612 143,825,467 7,971,145 5.54%
- net
Revenue from gold sold 61,556,593 18,192,082 43,374,511 238.43%
Cost of revenue from gold sold (59,167,627) (17,488,885) (41,678,742) 238.32%
Revenue from gold sold- net 2,398,966 703,197 1,695,769 241.15%
Other Operating Income
Other fees and commissions 21,447,045 20,390,833 1,056,212 5.18%
Recovery of written-off assets 20,952,308 25,363,951 (4,411,643) (17.39%)
Gain on sale of securities- net 3,372,396 2,209,474 1,162,922 52.63%
Gain on foreign exchange -net 2,087,065 1,187,862 899,263 75.71%
Unrealized gain on changes in fair value of
160,659 0 160,659 0.00%
securities
Others 5,661,719 4,796,269 865,450 18.04%
Total Other Operating Income 53,681,192 53,948,329 (267,137) (0.50%)
Provision for allowance for impairment losses on
(46,723,647) (41,744,402) (4,966,010) 11.89%
financial assets - net
Reversal of allowance for estimated losses on
624,058 3,596,482 (2,972,424) (82.65%)
commitments and contingencies - net
Provision for allowance for impairment losses non
(82,414) (13,008) (69,406) 533.56%
financial assets - net
326 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Growth
Description 2025 2024*)
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Other Operating Expenses
Salaries and employee benefits (42,113,566) (38,616,534) (3,497,032) 9.06%
Unrealized loss on changes in fair value of
(202,928)
securities
General and administrative (33,776,049) (29,288,456) (4,487,593) 15.32%
Others (12,557,271) (13,992,300) 1,435,029 (10.26%)
Total Other Operating Expenses (88,446,886) (82,100,218) (6,346,668) 7.73%
OPERATING INCOME 73,247,881 78,215,847 (4,967,966) (6.35%)
NON-OPERATING INCOME (EXPENSES) - NET (455,062) (963,653) 508,591 (52.78%)
INCOME BEFORE TAX EXPENSE 72,792,819 77,252,194 (4,459,375) (5.77%)
TAX EXPENSE (15,660,454) (16,945,848) 1,285,394 (7.59%)
NET INCOME 57,132,365 60,306,346 (3,511,443) (5.79%)
Items not to be reclassified to profit or loss
Remeasurement of liabilities for employee benefits (2,105,170) 2,001,031 (4,106,201) (205.20%)
Income taxes related to items no to be reclassified
408,841 (376,095) 784,936 (208.71%)
to profit or loss
Revaluation surplus arising from premises and
543,712 9,670 534,042 5522.67%
equipment
Items to be reclassified to profit or loss
Differences arising from the translation of foreign
431,690 49,112 382,578 778.99%
currency
Unrealized (loss) gain on fair value through other
4,826,637 (145,799) - 0.00%
comprehensive income securities
Allowance for impairment losses on fair value
18,329 (86,410) 105,166 (121.71%)
through other comprehensive income securities
Finance expenses from issued insurance contracts (361,281) 98,305
Income taxes related to items to be reclassified to
(854,180) 14,658 (890,465) (2454.09%)
profit or loss
Other Comprehensive Income for the Year – Net of
2,909,006 1,564,472 1,344,534 85.94%
Tax
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 60,041,370 61,870,818 (1,829,477) (2.96%)
INCOME FOR THE YEAR ATTRIBUTABLE TO :
Equity holders of the parent entity 56,652,384 59,944,649 (3,292,265) (5.49%)
Non-controlling interest 479,981 361,697 118,284 32.70%
TOTAL 57,132,365 60,306,346 (3,173,981) (5.26%)
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Management Discussion and Analysis
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Growth
Description 2025 2024*)
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
ATTRIBUTABLE TO :
Equity holders of the parent entity 59,265,589 61,620,303 (2,335,714) (3.82%)
Non- controlling interest 775,782 250,515 525,267 209.67%
TOTAL 60,041,371 61,870,818 (1,829,447) (2.96%)
EARNINGS PER SHARE ATTRIBUTABLE TO EQUITY
HOLDERS OF TEH PARENT ENTITY
(full rupiah)
Basic 376 398 (22) (5.53%)
Diluted 376 398 (22) (5.53%)
*) After reclassification and restatement.
Graph of Consolidated Statement of Profit and Loss and Other Comprehensive Income
(in trillion Rupiah)
150.50
142.06
88.45
82.10
78.22
73.25
60.31 61.87 60.04
57.21 57.28 57.13
53.95 53.68
Total Interest and Total Interest Other Other Operating Net Total
Sharia Income and Sharia Operating Operating Profit Profit Comprehensive
– Net Expenses Income Expenses Income for the Year
2024 2025
Interest and Sharia Income
In 2025, interest and sharia income reached IDR207.78 The company’s interest income from loans was recorded at
trillion, reflecting an 4.27% YoY increase, or an increase IDR183.32 trillion, reflecting a 5.25% YoY increase. Among
of IDR8.52 trillion compared to IDR199.27 trillion in 2024. the various business segments, the ultra-micro and micro
The majority of the interest income came from loans and sectors, which include BRI, Pegadaian, and PNM, contributed
financing receivables (including sharia), which accounted 99.55% of total interest income from loans and financing.
for 88.23% of the total interest income.
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2025
Interest and Sharia Expenses Interest and Sharia Income-Net
In 2025, interest and sharia expenses reached IDR57.28 In 2025, net interest and sharia income reached IDR150.50
trillion, remaining relatively flat with only a 0.13% YoY growth trillion, representing a 5,50% YoY increase compared to
compared to IDR56.61 trillion in 2024. Throughout 2025, IDR142,66 trillion in 2024. This increase was driven by
the Company was able to optimize its cost of funds ratio the company’s ability to enhance interest income, which
to remain below 3%, precisely at 2.87%. This successful rose 4.27% YoY through solid growth in productive assets,
optimization of interest expenses aligns with the Company’s particularly loans, as well as its ability to optimize interest
achievement in growing CASA, particularly current accounts expenses, which increased only slightly by 1.20% yoy,
by 19.66% and savings by 7.93%, resulting in a record-high allowing the company to still record optimal net growth.
CASA ratio of 70.8%.
Table of Net Interest and Sharia Income (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest and Sharia Income 207,783,368 199,266,252 8,517,116 4.27%
Interest and Sharia Expenses (57,284,939) (56,607,595) (75,877) 0.13%
Interest and Sharia Income -Net 150,498,429 142,658,657 8,441,239 5.94%
Other Operating Income - Fee and commissions grew consistently by 5.2% YoY,
driven by the Company’s ability to sustain fee growth
Other operating income in 2025 reached IDR53.68 trillion, from agency businesses (BRILink Agents), trade finance,
or recorded flat compared to 2024 which reached IDR53.95 and e-channel transactions, in line with the increasing
trillion. Several operational income items recorded very penetration of BRImo usage.
strong growth, including: - Recovery income from written-off assets reached
- Treasury income recorded a significant increase of IDR20.95 trillion. With this achievement, the Company
65.4% year-on-year (YoY), equivalent to IDR2.22 trillion. was able to maintain a recovery rate at the 46% level.
This growth was mainly driven by capital gains, which - In addition, there was a significant increase in gold sales
rose by 52.6%, supported by BRI’s ability to optimize revenue, which rose by 241.15% YoY, equivalent to an
securities while maintaining liquidity capacity. increase in income of IDR1.70 trillion.
Other Operating Income (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Other fees and commissions 21,447,045 20,390,833 1,056,212 5.18%
Recovery of written-off assets 20,952,308 25,363,951 (4,411,643) (17.39%)
Gain on sale of securities - net 3,372,396 2,209,474 1,162,922 52.63%
Gain on foreign exchange - net 2,087,065 1,187,802 899,263 75.71%
Unrealized gain on changes in fair value on securities 160,659 0 160,659 0.00%
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Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Others 5,651,719 4,796,269 865,450 18.04%
Total Other Operating Income 53,681,192 53,948,329 (267,137) (0.50%)
Provision for Allowance for Impairment Provision for Allowance for Impairment
Losses on Financial Assets – Net Losses Non-Financial Assets - Net
The net allowance for impairment losses on financial assets The provision for impairment losses on non-financial
(CKPN) in 2025 amounted to IDR46.72 trillion, representing assets in 2025 reached IDR82.41 billion, the contribution
an increase of 11.93% yoy or IDR4.98 trillion compared to of this reserve expense was recorded as very minimal,
IDR41.74 trillion in 2024. The largest portion of this expense representing only approximately 0.18% of the total allowance
was allocated to earning assets in the form of loans and for impairment losses. This provisioning was primarily
financing, totaling IDR47.57 trillion, which increased by attributable to the creation of reserves for other receivables
10.71% yoy or equivalent to IDR4.60 trillion. This increase held by the Subsidiary and the Company from a third party
was in line with the Company’s efforts to accelerate the in 2023.
resolution of non-performing loans. The Company’s
commitment is reflected in maintaining loan quality-related Other Operating Expenses
ratios at an adequate level, including the NPL Coverage ratio.
Going forward, the provisioning expenses are projected to Other operating expenses (opex) in 2025 reached IDR88.44
continue improving, in line with the ongoing asset quality trillion, an increase of 7.73% yoy compared to 2024 which
improvement process. reached IDR82.10 trillion. This growth has been recorded
as very strong and well-maintained, as reflected in the
Reversal of (Provision for) Allowance for movement of the Cost to Income Ratio, which in 2024 stood
Estimated Losses on Commitments and at 42.55%, remaining below the guidance of 43%. Another
Contingencies - Net ratio demonstrating the Company’s success in controlling
other operational costs is the Opex to Asset ratio, which has
The reversal (burden) of estimated provision for losses on been maintained at the level of 4.1%–4.2% over the past five
commitments and contingencies-net in 2025 recorded a (5) years. This shows the Company’s success in allocating
reversal of IDR624.06 billion. This movement aligned with the growth of this operating expense to the right business
changes in the volume and outstanding balance related to activities so as to create efficient and consistent performance
non-loan products or contingent commitment assets held, supported by the use of digitalization in business operational
such as bank guarantees and letters of credit. processes.
Table of Other Operating Expenses (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Salaries and employee benefits (42,113,566) (38,616,534) (3,497,032) 9.06%
General and administration (33,776,049) (29,288,456) (4,487,593) 15.32%
Unrealized loss on changes in fair value of securities
- (202,928) - -
securities
Others (12,557,271) (13,992,300) 1,435,029 (10.26%)
Total other operating expenses (88,446,886) (82,100,218) (6,549,596) 8.00%
330 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Operating Profit
Amidst the challenges that are not easy both from the global and domestic macroeconomic side and in the midst of the ongoing
asset quality improvement process, the Company was able to create an operational profit of IDR73.25 trillion in 2025. This was
driven by solid upper-line performance, demonstrated by the ability to maintain interest income growth and optimize interest
expenses, keeping NII at an optimal level, as well as sustained growth in non-interest operational income and the Company’s
capability in operating expense efficiency.
Table of Operating Profit (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net interest and sharia income 150,498,429 142,658,657 7,839,772 5.50%
Premium income – net 1,298,183 1,166,810 131,373 11.26%
Revenue from gold sold – net 2,398,966 703,197 1,695,769 241.15%
Total other operating income 53,681,192 53,948,329 (267,137) (0.50%)
Provision for allowance for impairment losses on
(46,723,647) (41,744,402) (4,979,245) 11.93%
financial assets – net
Reversal for allowance for estimated losses on
624,058 3,596,482 (2,972,424) (82.65%)
commitments and contingencies - net
Provision for allowance for impairment losses on
(82,414) (13,008) (69,406) 533.56%
nonfinancial assets – net
Total other operating expenses (88,446,886) (82,100,218) (6,346,668) 7.73%
Operating profit 73,247,881 78,215,847 (4,967,966) (6.35%)
Non-Operational Income and (Expenses)-Net
Non-operational income and (expenses)-net are items outside the Company’s operational performance with values that are
not too material and are not sustainable income. Non-operational income and (expenses)-net in 2025 recorded expenses of
IDR455.06 billion or 0.02% of the Company’s assets.
Table of Non-Operational Income and (Expenses)-Net (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Gain on sale of premises and equipments 8,020 87,922 (79,902) (90.88%)
Donation (565) (888) 323 (36.37%)
Corporate Social Responsibility (41,738) (41,729) (9) 0.02%
Non PUMK Social and Environmental Responsibility (249,476) (343,079) 93,603 (27.28%)
Others - net (171,303) (665,879) 494,576 (74.27%)
Total (455,062) (963,653) 508,591 (52.78%)
PT Bank Rakyat Indonesia (Persero) Tbk. 331
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Management Discussion and Analysis
on Bank Performance
Profit Before Tax Expense
Profit before tax of IDR72.79 trillion came from the company’s success in maintaining operational profit recorded at IDR73.25
trillion.
Table of Profit Before Tax Expense (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Operating income 73,247,881 78,215,847 (4,967,966) (6.35%)
Non-operational income (expenses) - net (455,062) (963,653) 508,591 (52.78%)
Income before tax expenses 72,792,819 77,252,194 (4,459,375) (5.77%)
Tax Expense
Tax expenses in 2025 reached IDR15.66 trillion, decreasing by 7.59% compared to IDR16.95 trillion in 2024. The tax rate in 2025
was recorded at 21.51%, remaining relatively stable compared to 21.94% in 2024.
Net Profit
Amidst the challenges that are not easy both from the global and domestic macro economic side and in the midst of the ongoing
asset quality improvement process, the Company was able to create a net profit of IDR57.13 trillion in 2025. This was driven by
solid upper-line performance, demonstrated by the ability to maintain interest income growth and optimize interest expenses,
keeping NII at an optimal level, as well as sustained growth in non-interest operational income and the Company’s capability in
operating expense efficiency.
Table of Net Profit (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Income before tax expense 72,792,819 77,252,194 (4,459,375) (5.77%)
Tax expense (15,660,454) (16,945,848) 1,285,394 (7.59%)
Net income 57,132,365 60,306,346 (3,173,981) (5.26%)
Profit for the year attributable to owners of the parent entity in 2025 reached IDR56.65 trillion, representing 99.16% of the
Company’s total net profit after tax. With this achievement and a strong capital position, the Company remains able to deliver
optimal economic value to its shareholders through a sustainable dividend level.
332 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Table of Current Year Attributable Profit (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Equity holders of parent entity 56,652,384 59,944,649 (3,292,265) (5.49%)
Non-controlling interests 479,981 361,697 118,284 32.70%
Total 57,132,365 60,306,346 (3,173,981) (5.26%)
Other Comprehensive Income
Other comprehensive income for the current year 2025 reached IDR2,91 trillion, an increase of 85,99% compared to 2024
which reached IDR1.56 trillion. The increase was mainly driven by allowance for impairment of securities classified as fair value
through other comprehensive income which amounted to IDR4.83 trillion, compared to a negative IDR145.80 billion in 2024.
Table of Other Comprehensive Income (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Items not to be reclassified to profit or loss
Remeasurement of liabilities for employee benefits (2,105,170) 2,001,031 (4,106,201) (205.20%)
Income taxes related to items not to be reclassified
408,841 (376,095) 784,936 (208.71%)
to profit or loss
Revaluation surplus arising from premises and
543,712 9,670 534,042 5.522.67%
equipment
Items to be reclassified to profit or loss
Differences arising from the translation of foreign
431,691 49,112 382,579 778.99%
currency
Unrealized gain (loss) on fair value through other
4,826,637 (145,799) 4,972,436 (3,410.47%)
comprehensive income securities -net
Allowance for impairment losses on fir value
18,756 (86,410) 105,166 (121.71%)
through other comprehensive income securities
Finance Expenses from Issued Insurance Contracts (361,281) 98,305 (459,586) (467.51%)
Income taxes related to items to be reclassified to
(854,180) 14,658 (868,838) (5.927.40%)
profit or loss
Other comprehensive income for the year - after tax 2,909,006 1,564,472 1,344,534 85.94%
PT Bank Rakyat Indonesia (Persero) Tbk. 333
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Management Discussion and Analysis
on Bank Performance
Comprehensive Income for the Current Year
Comprehensive income for the year 2025 reached IDR60.04 trillion, recorded as IDR2.91 trillion higher than the net profit after
tax of IDR57.13 trillion. This increase was primarily driven by the allowance for impairment on securities classified as fair value
through other comprehensive income, which amounted to IDR4.83 trillion, compared to a negative IDR145.80 billion in 2024.
Table of Comprehensive Income for the Current Year (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net income 57,132,365 60,306,346 (3,173,981) (5.26%)
Other comprehensive income for the year-after tax 2,909,006 1,564,472 1,344,534 85.94%
Total comprehensive income for the year 60,041,371 61,870,818 (1,829,447) (2.96%)
Comprehensive income for the year attributable to owners of the parent entity in 2025 reached IDR59.26 trillion equivalent to
98.71% of total comprehensive income for the year. This illustrates that the Company is the majority controller across the entire
BRI Group and demonstrates the Company’s ability to deliver optimal economic value to its shareholders.
Table of Comprehensive Income for the Year Attributable (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Equity holders of parent entity 59,265,589 61,620,303 (2,354,714) (3.82%)
Non-controlling interests 775,782 250,515 525,267 209.67%
Total 60,041,371 61,870,818 (1,829,447) (2.96%)
Earnings Per Share for the Year
Earnings per share for the year 2025 reached Rp376, relatively stable compared to 2024 in line with the Company’s success in
recording a positive profit of Rp57.132 trillion in 2025.
Table of Earnings Per Share (In Full IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Basic 376 398 (22) (5.53%)
Diluted 376 398 (22) (5.53%)
334 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Statement of Consolidated Cash Flows
Table of Statement of Consolidated Cash Flows (In Million IDR)
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
CASH FLOW FROM OPERATING ACTIVITIES
Income received
Interest and investment receipts 188,133,607 191,363,148 (3,229,541) (1.69%)
Sharia income 14,733,244 13,891,084 842,160 6.06%
Revenue form gold sold 61,566,593 18,192,082 43,374,511 238.43%
Insurance service income 6,383,438 8,760,610 (2,377,172) (27.13%)
Interest and Sharia Expenses
Interest expense (56,224,677) (55,680,976) (543,701) 0.98%
Sharia expense (1,252,495) (993,686) (258,809) 26.05%
Insurance service expenses (6,322,597) (5,547,858) (774,739) 13.96%
Cost of revenue from gold sold (59,167,627) (17,488,885) (41,678,742) 238.32%
Recovery of written-off assets 20,952,308 25,363,951 (4,411,643) (17.39%)
Other operating income 32,563,546 27,775,215 4,788,331 17.24%
Other operating expenses (80,928,270) (85,574,645) 4,646,375 (5.43%)
Other expenses (555,267) (1,108,735) 553,468 (49.92%)
Payment of corporate income tax (10,543,662) (13,742,335) 3,198,673 (23.28%)
Cash flows before changes in operating assets and 109,338,141 105,208,970 4,129,171 3.92%
Changes in operating assets and liabilities:
Decrease (increase) in operating assets:
Placement with bank Indonesia and other financial (544,175) 1,273,810 (1,817,985) (142.72%)
Securities measured at fair value through profit or loss (1,594,522) (976,011) (618,511) 63.37%
Export bills and other receivables (7,595,261) 13,473,275 (21,068,536) (156.37%)
Securities purchased under agreement to reselli 16,821,238 16,749,541 71,697 0.43%
Loans (203,205,917) (127,686,861) (75,519,056) 59.14%
Sharia loans (10,658,658) (4,133,183) (6,525,475) 157.88%
Financing receivables 2,027,451 1,479,857 547,594 37.00%
Other assets (1,213,587) 1,562,240 (2,775,827) (177.68%)
Increase (decrease) in operating liabilities:
Liabilities due immediately 2,997,084 6,169,854 (3,172,770) (51.42%)
PT Bank Rakyat Indonesia (Persero) Tbk. 335
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Management Discussion and Analysis
on Bank Performance
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deposits:
Demand deposit 73,649,330 28,429,968 45,219,362 159.06%
Saving deposits 43,158,915 16,481,397 26,677,518 161.86%
Time deposit (15,414,510) (37,790,022) 22,375,512 (59.21%)
Deposits from other banks and other financial 2,921,954 2,721,163 200,791 7.38%
Securities sold under agreement to repurchase 2,889,032 5,964,259 (3,075,227) (51.56%)
Other liabilities 1,040,508 (4,645,149) 5,685,657 (122.40%)
Net cash provided by (used in) operating activities 14,617,023 24,283,108 (9,666,085) (39.81%)
CASH FLOW FROM INVESTMENT ACTIVITIES
Proceeds from sales of premises and equipment 100,205 129,827 (29,622) (22.82%)
Dividend income 166,422 137,035 29,387 21.44%
Sale of investment in shares (4,912) 4,912 (100.00%)
Acquisition of premises and equipments (6,344,276) (10,334,588) 3,990,312 (38.61%)
Decrease in securities measured at fair value through
(40,012,932) 9,884,449 (49,897,381) (504.81%)
other comprehensive income and amortized cost
Net cash used in investing activities (46,090,581) (188,189) (45,902,392) 24.391.64%
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from fund borrowing 37,570,676 42,489,276 (4,918,600) (11.58%)
Payments of Fund Borrowing (36,492,679) (13,300,712) (23,191,967) 174.37%
Treasury Stock (488,373) (875,758) 387,385 (44.23%)
Distribution of income for dividend (51,881,643) (48,102,283) (3,779,360) 7.86%
Proceeds from Marketable Securities Issued 28,395,963 10,905,923 17,490,040 160.37%
Payment for maturing securities (19,724,136) (28,578,477) 8,854,341 (30.98%)
Net cash used in financing activities (42,620,192) (37,462,031) (5,158,161) 13.77%
DECREASE (INCREASE) IN CASH AND CASH
(74,093,750) (13,367,112) (60,726,638) 454.30%
EQUIVALENTS
EFFECT OF EXCHANGE RATE CHANGES ON
1,085 17,758 (16,673) (93.89%)
FOREIGN CURRENCIES
CASH AND CASH EQUIVALENTS AT BEGINNING OF
205,328,380 218,677,734 (13,349,354) (6.10%)
THE YEAR
CASH AND CASH EQUIVALENTS AT END OF THE
131,235,715 205,328,380 (74,092,665) (36.08%)
YEAR
Cash and cash equivalents at end of the year consists
of:
Cash 32,044,482 29,783,642 2,260,840 7.59%
Current Accounts with Bank Indonesia 31,929,608 88,878,969 (56,949,361) (64.08%)
Current account with other banks 42,444,581 25,582,825 16,861,756 65.91%
336 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Growth
Description 2025 2024
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Placement with Bank Indonesia and other financial
institutions-maturing within three months or less since 19,240,525 56,601,825 (37,361,300) (66.01%)
the acquisition date
Bank Indonesia Certificates-maturing within three
5,576,519 4,481,119 1,095,400 24.44%
months or less since the acquisition date
Total Cash and Cash Equivalents 131,235,715 205,328,380 (74,092,665) (36.08%)
Consolidated Cash Flow Statement Graph
in trillion IDR
30.00 24.28
20.00
14.62
10.00
0.00
(0.19)
(10.00)
(20.00)
(30.00)
(40.00) (37.46)
(42.62)
(50.00) (46.09)
Net Cash Obtained from/(used) for Net Cash Obtained from/(used) for Net Cash (used) for/Obtained from
Operating Activities Investment Activities Financing Activities
2024 2025
Cash Flow from Operating Activities
Cash flows from operating activities reflect the sources on the growth of operational cash relative to operational
and uses of cash from the company’s core operational income. In 2025, cash flows relative to income amounted to
activities. By the end of 2025, net cash used for operating IDR109.33 trillion, an increase of IDR4.13 trillion compared to
activities reached IDR14.62 trillion, a decrease of IDR9.67 2024, which recorded IDR105.21 trillion.
trillion compared to 2024, which recorded cash outflows
of IDR24.28 trillion for operating activities. This decline Cash Flow from Investment Activities
was contributed by the Company’s higher credit growth in
2025, recorded at 12.32% year-on-year (YoY), or equivalent Cash flows from investing activities reflect the sources and
to IDR166.85 trillion, compared to 6.97% YoY, or IDR88.21 uses of cash related to the company’s investment activities.
trillion in 2024. This increase indicates that the Company As of the end of 2025, net cash used for investing activities
is allocating cash to productive assets in order to maintain was recorded at IDR46.09 trillion, representing an increase
profitability. Furthermore, on the cash inflow side, there was of IDR45.90 trillion compared to 2024, when net cash was
a significant increase in third-party funds, particularly in generated from investing activities amounting to IDR188.19
current accounts and savings, which grew by IDR73.65 trillion trillion. This movement in investment cash flows was directed
and IDR43.16 trillion, respectively. This also contributed to the towards supporting the company’s core business activities,
Company’s CASA reaching an all-time high and enabled the particularly in credit and financing. The largest source of
COF to remain below 3%. The Company’s ability to optimize optimization came from securities, while liquidity ratios
operational cash as described above had a positive impact remained strong and well above regulatory requirements.
PT Bank Rakyat Indonesia (Persero) Tbk. 337
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Management Discussion and Analysis
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Cash Flow from Financing Activities
Cash flows from financing activities reflect the sources and uses of cash related to funding activities, including liquidity of
liabilities and capital. By the end of 2025, net cash used for financing activities reached IDR42.62 trillion, a decrease of 13.78%
YoY compared to IDR37.46 trillion in 2024. This movement was influenced by several factors, including profit distribution for
dividends, which amounted to IDR51.88 trillion, an increase of 7.85% or equivalent to IDR3.78 trillion compared to 2024. This
aligns with BRI’s commitment to creating added value and delivering tangible benefits to shareholders, including both minority
shareholders and the Republic of Indonesia as the majority shareholder, including both minority shareholders and the Republic
of Indonesia as the majority shareholder through PT Danantara Asset Management (Persero).
Interest Rate
Interest Rate
The following is information on counter rate interest rates for BRI deposit, savings, and current account products as of December
31, 2025.
Table of Deposit Counter Rate as of December 31, 2025
Savings Products Interest rate (IDR) Interest rate (USD)
Current account 0.00%-1.25% 0.05%-0.15%
Saving 0.00%-2.50% 0.08%-0.25%
Deposit 2.50%-3.00% 4.00%-4.00%
Loan Interest Rate
In general, the Basic Interest Rate of Loan is calculated Therefore, the amount of credit interest charged to the
based on three components, namely the Cost of Funds debtor is not necessarily the same as the SBDK.
for Loan arising from customer fund collection activities,
operational costs incurred for fund collection and credit The calculation of SBDK applies to types of corporate credit,
distribution activities, and the profit margin component from medium credit, small credit, micro credit, and consumer
credit distribution. credit (KPR and Non-KPR). Non-KPR consumer credit does
not includve the distribution of funds through Credit Cards
The calculation of SBDK does not take into account the risk and Unsecured Loan. However, Bank Indonesia submits the
premium component of the debtor, the amount of which classification of the credit according to the bank’s internal
depends on the assessment of the risk of each debtor. criteria.
Quantitative Disclosure Table of Prime Loan Interest Rate
Prime Lending Rate
By Type of Loan
Data Period
December 31, 2025
Non-SME Loans SME Loans Housing/ Non-Housing/
Apartment Apartment
Loan Loan (Non-
Korporasi Ritel Menengah Kecil Mikro (Mortgage) Mortgage)
Principal Price of Funds for Loan 3.41% N/A 3.41% 3.41% 3.41% 3.41% 3.41%
Overhead Costs 1.33% N/A 3.67% 3.38% 8.29% 3.84% 3.66%
Profit Margin 3.46% N/A 3.17% 3.41% 2.10% 2.65% 2.03%
Basic Loan Interest Rate (1+2+3) 8.20% N/A 10.25% 10.20% 13.80% 9.90% 9.10%
Note: Effective January 1, 2025
338 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Qualitative Disclosure Table of Basic Loan Interest Rates
Category Loan Category Definition Indicators/Criteria of Loan Category
Working capital credit and investment credit for nonMSMEs
Corporation Total credit limit > IDR500 billion
and non-retail
Retail N/A N/A
Notes:
1. SBDK refers to OJK Regulation Number 13 of 2024 dated August 12, 2024 concerning Transparency and Publication of Basic Loan Interest Rates for Conventional
Commercial Banks.
2. SBDK is determined by the Bank based on various factors, including the reference interest rate set by the competent authority, cost of funds for credit, overhead
costs, profit margins, and developments in economic conditions.
3. SBDK is used as a reference in determining the credit interest rate that will be charged to customers. SBDK does not take into account the estimated component.
4. Risk premium, the amount of which depends on the Bank’s assessment of the risk for each debtor or group of debtors. Thus, the amount of Loan Interest Rate
charged to customers may differ from the calculation of SBDK.
5. SBDK excludes credit distribution with special interest rates, promo interest rates, fixed rates for a certain period of time, interest rates for employees for welfare
purposes, and the like.
6. Information on SBDK that applies at any time can be seen in the publication on the Bank’s website and/or each Bank Office.
Ability to Pay Debt and Receivable Collectibility
Ability to Pay Debt supply (M2) as a projection for economic activity. In addition,
the trend of increasing liquidity in the banking industry is also
influenced by BI’s monetary operations.
The ability to pay debts is reflected in the Bank’s liquidity
and solvency. In relation to bonds issued, the ability to pay In accordance with Bank Indonesia Regulation Number
debts is reflected in the smooth payment of interest and 24/16/PBI/2022 concerning the Fourth Amendment to Bank
bond ratings. Indonesia Regulation Number 20/4/PBI/2018 concerning the
Macroprudential Intermediation Ratio and Macroprudential
Protection of Creditors’ Rights Liquidity Buffer for Conventional Commercial Banks, Sharia
Commercial Banks, and Sharia Business Units, Banking must
The Bank has a policy regarding the fulfillment of creditor maintain a RIM ratio of 84% to 94%. In calculating the RIM,
rights, which serves as a guideline for borrowing from securities issued and administered by the Indonesian Central
creditors. The objective of this policy is to ensure that Securities Depository (KSEI) and not owned by the bank
creditors’ rights are met and to maintain their trust in the Bank. for at least 2 (two) months prior to the reporting date and
This policy includes considerations in making agreements corporate bonds owned are taken into account. BRI’s RIM
and follow-up actions in fulfilling the obligations of the Public ratio in 2025 was 92.01% (Bank Only), an increase compared
Company to creditors. The fundamental rights of creditors to 2024 which was 91.35% (Bank Only). The increase in BRI’s
include, among others, receiving principal repayment and RIM ratio in 2025 was influenced by an increase in higher
interest payments as agreed, obtaining the right to late assets.
payment penalties for principal and interest, as well as
requesting explanations, information, and documents, and In order to enhance short-term liquidity resilience, BRI
examining the Bank’s financial records. manages the Liquidity Coverage Ratio (LCR), which
represents the ratio between High Quality Liquid Assets
The Ability to Pay Short-Term Debt (HQLA) and total net cash outflows over the next 30 (thirty)
(Bank Liquidity) days under stressed conditions. In 2025, BRI’s LCR was
maintained at 136.92% (Consolidated) and 135.21% (Bank
The liquidity ratio is a comparison between loans and deposits Only). With this achievement, BRI successfully maintained
(Loan to Deposit Ratio or LDR). BRI’s LDR ratio in December its liquidity adequacy ratio above the minimum regulatory
2025 was 91.94% (Bank Only), an increase compared to the threshold of 100%. Meanwhile, to maintain long-term
LDR in 2024 which was 89.39% (Bank Only), indicating that liquidity resilience, BRI measures the Net Stable Funding
banking liquidity conditions are tightening amidst slowing Ratio (NSFR), which represents the ratio of available stable
economic growth in Indonesia and stagnation in global funding (ASF) to required stable funding (RSF). In 2025,
economic growth. This is reflected in the decline in money BRI’s NSFR stood at 117.71%, enabling the Bank to maintain
PT Bank Rakyat Indonesia (Persero) Tbk. 339
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Management Discussion and Analysis
on Bank Performance
long-term stable funding adequacy above the minimum major risks that occur in bank management, both market risk,
requirement of 100%. loan risk and operational risk
The Ability to Pay Long-Term Debt Ability to Pay Debt from Issued Securities
(Bank Solvability)
The ability to pay debts can also be reflected based on the
The Capital Adequacy Ratio (CAR) reflects the Bank’s ability rating of the securities issued by the Bank, namely Bonds.
to mitigate risks that may occur in carrying out its business Securities issued are routinely assessed by rating agencies
processes. In 2025, BRI’s CAR was recorded at 21.06% (Bank to support the eligibility of the securities. The quality of
Only) and 23.52% (consolidation). The CAR ratio is still above securities is largely determined by the ability of the issuing
BRI’s minimum capital requirement according to the BRI Risk company to pay its securities when they mature and its ability
Profile which refers to the risk profile scorecard assessment, to pay interest or coupons during the term of the securities
namely 9.70% (Bank Only) and 9.70% (consolidation). With issuance.
a still high capital adequacy ratio, BRI is able to anticipate all
Table of Debt Repayment Capacity of Securities Issued (In Million IDR)
Rating
Description
2025 2024
BRI Shelf Registration Bond II Phase I Year 2016 Series E AAA by Pefindo
id id
AAA by Pefindo
BRI Shelf Registration Bond II Phase II Year 2017 Series D AAA by Pefindo
id id
AAA by Pefindo
BRI Shelf Registration Bond II Phase III Year 2017 Series C AAA by Pefindo
id id
AAA by Pefindo
BRI Shelf Registration Bond II Phase IV Year 2018 Series B AAA by Pefindo
id id
AAA by Pefindo
BRI Shelf Registration Bond III Phase I Year 2019 Series C AAA by Pefindo
id id
AAA by Pefindo
BRI Green Shelf Registration Bond I Phase I Year 2022 Series B AAA by Pefindo
id id
AAA by Pefindo
BRI Green Shelf Registration Bond I Phase I Year 2022 Series C AAA by Pefindo
id id
AAA by Pefindo
BRI Subordinated Bond IV 2023 d
AA by Pefindo id
AA by Pefindo
BRI Green Shelf Registration Bond I Phase II Year 2023 Series A AAA by Pefindo
id id
AAA by Pefindo
BRI Green Shelf Registration Bond I Phase II Year 2023 Series B AAA by Pefindo
id id
AAA by Pefindo
BRI Green Shelf Registration Bond I Phase II Year 2023 Series C AAA by Pefindo
id id
AAA by Pefindo
BBB- by Fitch and BBB- by Fitch and Baa2
Unsecured Notes due 2024
Baa2 by Moody’s by Moody’s
BRI Green Shelf Registration Bond I Phase III Year 2024 Series A AAA by Pefindo
id id
AAA by Pefindo
BRI Green Shelf Registration Bond I Phase III Year 2024 Series B AAA by Pefindo
id id
AAA by Pefindo
BRI Green Shelf Registration Bond I Phase III Year 2024 Series C AAA by Pefindo
id id
AAA by Pefindo
BRI Green Shelf Registration Bond I Phase I Year 2025 Series A AAA by Pefindo
id
-
BRI Green Shelf Registration Bond I Phase I Year 2025 Series B AAA by Pefindo
id
-
340 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Rating
Description
2025 2024
BRI Green Shelf Registration Bond I Phase I Year 2025 Series C AAA by Pefindo
id
-
Sustainable Bonds I of PT Bank Rakyat Indonesia (Persero) Tbk, 2025, Phase I, Series A id
A1+ by Pefindo -
Sustainable Bonds I of PT Bank Rakyat Indonesia (Persero) Tbk, 2025, Phase I, Series B id
A1+ by Pefindo -
Sustainable Bonds I of PT Bank Rakyat Indonesia (Persero) Tbk, 2025, Phase I, Series C id
A1+ by Pefindo -
Sustainable Bonds I of PT Bank Rakyat Indonesia (Persero) Tbk, 2025, Phase I, Series D id
A1+ by Pefindo -
Table of Rank Meaning (In Million IDR)
Rating Meaning of
Agency
Rating Rating
Bonds with an idAAA rating have the highest rating given by Pefindo. The obligor's ability to meet
AAA
id long-term financial commitments on the debt securities, relative to other Indonesian obligors, is
superior.
An idAA rated debt differs from the highest rated debt only to a small extent. The obligor's ability
Pefindo id
AA to meet its long-term financial commitments on the debt, relative to other Indonesian obligors, is
very strong.
The idA1+ from PEFINDO is the highest rating for short-term debt instruments, indicating the
id
A1+ obligor’s superior ability to meet short-term financial commitments compared to other Indonesian
issuers. This rating signifies a very low risk of default.
A BBB rating indicates that the current expectation of default risk is low. The capacity to repay
Fitch BBB- financial commitments is considered adequate, but adverse business or economic conditions are
more likely to impair this capacity.
Bonds rated Baa2 are considered medium and subject to moderate credit risk and as such may
Moody’s Baa2
have certain speculative characteristics.
Receivable Collectibility
Loan collectibility can be measured by the asset quality ratio or Non-Performing Loan (NPL). BRI is still able to maintain loan
quality very well, this can be seen in the non-performing loan (NPL) ratio in 2025 of 3.29% (Bank Only) and 3.07 (consolidation).
BRI’s NPL ratio is still far below the maximum regulatory provision of 5% (net NPL) (PBI Number 3/25/2001). BRI will continue to
improve the effectiveness of loan risk management to maintain and improve asset quality
Table of Loan Collectibility (Consolidated, in IDR millions)
Description 2025 2024
Loan 1,521,485,857 1,354,640,780
Performing 1,416,389,468 1,251,678,340
Special Mention 58,449,748 65,260,936
Substandard 6,488,437 4,958,276
Doubtful 11,062,603 9,215,245
PT Bank Rakyat Indonesia (Persero) Tbk. 341
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Management Discussion and Analysis
on Bank Performance
Description 2025 2024
Non-performing 29,095,601 23,527,982
NPL 46,646,641 37,701,504
NPL (%) 3.07% 2.78%
The recovery strategy that BRI will implement in 2026 to improve NPLs is as follows:
2026 Strategy
Man Partnership and
Performance
Power Collaboration
Acceleration
Plan with External Parties
Strengthening Policy and
Technology and Service
Adjustment of Supporting Tools Collaboration with Innovation Rewards for
organizational various parties employees who
structure to to accelerate the exceed
improve the recovery process performance
effectiveness Utilization of digital through external Implementation of targets
of portfolio platforms for parties NPL management
management. Providing
monitoring loan system based on
development
settlement third party services
Addition and Collaboration with programs to
placement of Development of marketing improve employee
workforce integrated agencies and Evaluation and competency in
as needed and information digital platforms to refinement of managing NPL
development of systems expand the internal policies in
specialization in marketing reach of line with industry
certain segments assets best practices
based on potential
and credit risk.
Other Financial Ratios
Rentability and Profitability Ratio
In the banking industry, the profitability ratio is generally measured using the return on assets (ROA), return on equity (ROE) and
net interest margin (NIM). BRI was able to record positive profitability performance during 2025.
Table of Rentability and Profitability Ratios (in %)
Bank Only Consolidated
Description
2025 2024 2025 2024
ROA (before tax) 3.26 3.76 3.49 3.90
ROE (Tier-1) 20.78 22.91 19.31 21.02
ROE Balance Sheet 16.84 18.40 17.44 18.90
NIM 6.54 6.75 7.81 7.85
342 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 343
Annual Report
2025
Return on Assets (ROA) Net Interest Margin (NIM)
Return on Assets (ROA) before tax at the end of 2025 was At the end of 2025, the Company recorded a stable Net
recorded at 3.49%, relatively stable compared to 3.90% Interest Margin (NIM) of 7.81%. This was supported by the
in the same period of the previous year. Amid challenging Company’s ability to optimize net interest and sharia income,
conditions from both the global and domestic macroeconomic which reached IDR150.5 trillion, or an increase of 5.50%
environments, as well as the ongoing asset quality year-on-year (yoy) compared to IDR142.7 trillion in 2024.
improvement process, the Company was able to generate The increase was driven by the Company’s ability to grow
net profit of IDR57.132 trillion in 2025. This achievement was interest income by 4.27% in line with healthy loan growth,
supported by solid upper-line performance, as reflected in as well as the efficiency in interest expenses, which grew
the positive growth in Net Interest Income (NII), an increase moderately by 1.20%, reflecting the impact of the Retail
in non-interest income, and the Company’s ability to maintain Funding Transformation.
discipline in managing operating expenses.
Efficiency Ratio
Return on Equity (ROE)
Cost to Income Ratio (CIR)
At the end of 2025, BRI was able to maintain a solid Return
on Equity (ROE) of 17.44%. Amid challenging conditions from The Company’s efficiency ratio is reflected in the Cost to
both the global and domestic macroeconomic environments, Income Ratio (CIR) of 38.92% (bank only) and 42.55%
as well as the ongoing asset quality improvement process, (consolidated). This operational efficiency was achieved
the Company was able to generate net profit of IDR57.132 through the streamlining of business processes, including
trillion in 2025. This achievement was supported by solid the optimization of digitalization initiatives.
upper-line performance, as reflected in the positive growth
in Net Interest Income (NII), an increase in non-interest
income, and the Company’s ability to maintain discipline in
managing operating expenses.
Table of Efficiency Ratio (Bank Only, in %)
Bank Only Consolidated
Description
2025 2024 2025 2024
CIR 38.92 37.87 42.55 41.37
Compliance Ratio
Percentage of Violation and Exceeding of contingencies in administrative accounts for each foreign
Legal Lending Limit (LLL) currency, all expressed in Rupiah against capital.
In 2025, BRI has no debtors, either related or unrelated In 2025, the NOP ratio stood at 2.51%, relatively flat compared
parties, who do not meet or exceed the Maximum Loan Limit. to 2.42% in 2024. This NOP level remains well below the
maximum limit set by Bank Indonesia, which is 20% of
Net Foreign Exchange Position Ratio capital, in accordance with Bank Indonesia Regulation No.
17/5/PBI/2015 dated May 29, 2015 concerning the Fourth
The Net Open Position (NOP) represents the sum of the Amendment to Bank Indonesia Regulation No. 5/13/PBI/2003
absolute values of the net difference between assets on the Net Open Position of Commercial Banks.
and liabilities, combined with the net difference between
receivables and liabilities arising from commitments and
PT Bank Rakyat Indonesia (Persero) Tbk. 343
Page 344
Management Discussion and Analysis
on Bank Performance
Productive Assets Quality Analysis
The quality of the Company’s productive assets is in very good condition. For productive assets outside of recorded loan, only
securities are in bad collectibility. Meanwhile, productive assets classified as loan provided have very well-maintained quality,
as seen in the non performing loan (NPL) ratio in 2025 of 3.29 % (Bank Only) and 3.07% (consolidation). BRI’s NPL ratio is still
far below the maximum regulatory provision of 5% (net NPL) (PBI No.3/25/2001). BRI will continue to improve the effectiveness
of loan risk management to maintain and improve asset quality
Table of Productive Assets Quality (In Million IDR)
INDIVIDUAL
December 31, 2025
No Description
Special Sub
Current Doubtful Loss
Mention Standard
I RELATED PARTIES
1 Placements with other banks
a. Rupiah - - - - -
b. Foreign currencies - - - - -
Spot and derivative/forward
2
receivables
a. Rupiah - - - - -
b. Foreign currencies - - - - -
3 Securities
a. Rupiah - - - - -
b. Foreign currencies - - - - -
Securities under agreement to
4
repurchase
a. Rupiah - - - - -
b. Foreign currencies - - - - -
Securities under agreement
5
to resell
a. Rupiah - - - - -
b. Foreign currencies - - - - -
6 Acceptance receivable - - - - -
7 Loans
a. Micro, Small and Medium
Enterprises (MSMEs)
i. Rupiah - - - - -
ii. Foreign currencies - - - - -
b. Non MSMEs
i. Rupiah 800,220 - - - -
ii. Foreign currencies - - - - -
344 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
INDIVIDUAL
December 31, 2024
Special Sub
Jumlah Current
Mention Standard
Doubtful Loss Total
- 400,000 - - - - 400,000
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
– - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
800,220 2,088,684 - - - - 2,088,684
- - - - - - -
PT Bank Rakyat Indonesia (Persero) Tbk. 345
Page 346
Management Discussion and Analysis
on Bank Performance
INDIVIDUAL
December 31, 2025
No Description
Special Sub
Current Doubtful Loss
Mention Standard
c. Restructured loans
i. Rupiah - - - - -
ii. Foreign currencies - - - - -
8 Investments in shares - - - - -
9 Other receivable - - - - -
Commitments and
10
contingencies
a. Rupiah - - - - -
b. Foreign currencies - - - - -
II THIRD PARTIES
1 Placements with other banks
a. Rupiah 1,755,653 - - - -
b. Foreign currencies 51,320,106 - - - -
2 Spot and derivative receivables
a. Rupiah 408,661 - - - -
b. Foreign currencies 752,953 - - - -
3 Securities
a. Rupiah 214,119,982 1,805 -
b. Foreign currencies 143,420,712 - -
Securities under agreement to
4
repurchase
a. Rupiah 26,718,995 - - - -
b. Foreign currencies 2,621,145 - - - -
Securities under agreement
5
to resell
a. Rupiah 24,452 - - - -
b. Foreign currencies - - - - -
6 Acceptances receivables 13,078,567 - -
7 Loans
a. Micro, Small and Medium
Enterprises (MSMEs)
i. Rupiah 593,042,775 36,870,409 3,953,116 6,611,702 19,776,316
ii. Foreign currencies 992,331 35,011 - - -
b. Non MSMEs
i. Rupiah 498,502,371 12,117,006 2,145,955 3,918,060 6,266,736
ii. Foreign currencies 153,382,898 2,784,419 1,741 141,562 1,331,084
346 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 347
Annual Report
2025
INDIVIDUAL
December 31, 2024
Special Sub
Jumlah Current
Mention Standard
Doubtful Loss Total
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,755,653 3,402,336 - - - - 3,402,336
51,320,106 42,855,260 - - - - 42,855,260
408,661 681,859 - - - - 681,859
752,953 391,643 - - - - 391,643
214,121,787 195,828,483 24,637 3,067 - 11,021 195,867,208
143,420,712 115,081,083 - - - - 115,081,083
26,718,995 20,544,012 - - - - 20,544,012
2,621,145 5,152,002 - - - - 5,152,002
24,452 15,839,261 - - - - 15,839,261
- 808,621 - - - - 808,621
13,078,567 10,105,373 - - - - 10,105,373
660,254,318 608,717,860 40,787,775 3,880,495 6,229,888 13,745,870 673,361,888
1,027,342 586,768 644 - - - 587,412
522,950,128 378,477,447 12,331,906 767,883 2,451,374 6,008,952 400,037,562
157,641,704 133,977,809 3,196,467 82,763 241,243 2,273,405 139,771,687
PT Bank Rakyat Indonesia (Persero) Tbk. 347
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Management Discussion and Analysis
on Bank Performance
INDIVIDUAL
December 31, 2025
No Description
Special Sub
Current Doubtful Loss
Mention Standard
c. Restructured loans
i. Rupiah 35,282,754 22,996,395 2,452,953 5,708,479 7,897,417
ii. Foreign currencies 4,667,101 2,587,322 - 138,030 -
8 Investments in shares 51,300,972 - - - -
9 Other receivable - - - - -
Commitments and
10
contingencies
a. Rupiah 140,224,494 1,216,007 41,434 67,121 59,410
b. Foreign currencies 72,934,186 187,051 1,546 2,337 2,191
III OTHER INFORMATIONS
Value of bank’s assets pledge
1
as collateral
a. To Bank Indonesia - - - - -
b. To others - - - - -
2 Repossessed Assets - - - - -
Strategy For Improving fee Based Bank Capital Structure
Income
Management Policy for Capital
During 2025, BRI recorded fee-based income and other Structure and Fundamental Selection of
income (bank only) amounting to IDR53.8 trillion, representing Management Policy in Capital Structure
0.50% yoy growth. This income was derived from fee-based
income of IDR20.7 trillion, which increased by 1.25% yoy, The management of capital structure aims to ensure that BRI
other operating income of IDR12.3 trillion, which grew by consistently maintains adequate capital to cover inherent
38.13% yoy, and recovery income from written-off earning risks in managing its business while optimizing value for
assets amounting to IDR20.8 trillion, which recorded a 14.04% shareholders.
yoy decline. In 2025, the largest increase in BRI’s fee-based
income was derived from credit administration transaction BRI has established the Financial Conglomeration Governance
services, particularly credit fees generated from the selective Committee, which consists of six sub-committees, one of
expansion of the corporate segment, international business which is the Capital, Investment, and Strategy Sub-Committee.
transactions, as well as e-channel transactions sourced from The Committee serves as a supporting body for the Board
e-channel products such as BRImo, QLola, EDC, QRIS, and of Directors to review, determine, recommend, and evaluate
BRILINK. BRI’s fee-based income performance will continue corporate actions undertaken within the BRI Group. In addition,
to be driven by enhancing transaction-based fees, including the Committee conducts performance reviews and analyses,
strategies to expand the marketing of transaction banking as well as provides recommendations regarding BRI Group
products through digital initiatives that provide convenience synergies, including initiatives related to capital structure
for customers in conducting e-channel transactions. Cross- optimization and the management of subsidiaries.
selling marketing collaborations of Subsidiary products
represent one of the strategies that can boost BRI’s fee- The capital structure policy is one of the policies that requires
based income performance. the approval of the Board of Commissioners. Accordingly, the
Board of Commissioners consistently reviews and ensures
348 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 349
Annual Report
2025
INDIVIDUAL
December 31, 2024
Special Sub
Jumlah Current
Mention Standard
Doubtful Loss Total
74,337,998 35,412,829 26,023,428 2,170,052 4,344,073 7,840,820 75,791,202
7,392,453 4,641,796 2,873,983 80,164 135,588 999,926 8,731,457
51,300,972 50,241,445 - - - - 50,241,445
- - - - - - -
141,608,466 116,221,695 819,769 29,921 39,274 66,279 117,176,938
73,127,311 84,724,057 81,780 1,015 1,590 14,721 84,823,163
- - - - - - -
- - - - - - -
50,837 - - - - - 53,246
that the capital structure is aligned with the strategic plan 2. Countercyclical Buffer of 0.00% of RWA
and the established risk appetite. 3. Capital Surcharge for Systemic Banks of 2.50% of RWA
In addition, BRI also has a Risk Management Committee, which With a minimum CAR requirement of 9.70% (consolidated)
is responsible for the implementation of risk management based on its risk profile, BRI’s 2025 CAR of 21.06% (bank
and integrated risk management strategies. The Committee only) and 23.52% (consolidated) remains well above the
is tasked with determining corrective measures based on the minimum regulatory requirement set by the banking and
evaluation results of the implementation of Integrated Risk financial services authority
Management in the form of capital analysis.
As of December 2025, BRI’s capital structure consists
BRI is also committed to complying with regulatory of a Core Capital (Tier-1) of IDR246.05 trillion (bank
requirements regarding capital structure. In accordance only) and IDR301.84 trillion (consolidated), as well as a
with the Financial Services Authority Regulation (POJK) Supplementary Capital (Tier-2) of IDR13.97 trillion (bank
No. 11/POJK.03/2016 dated January 29, 2016, regarding the only) and IDR14.99 trillion (consolidated). The Tier-1 Capital
Minimum Capital Requirement for Commercial Banks (POJK Adequacy Ratio (CAR) stands at 19.93% (bank only) and
11/2016), as amended by POJK No. 34/POJK.03/2016 dated 22.41% (consolidated). BRI’s Tier-1 Capital is equivalent
22 September 2016 concerning Amendments to Financial to its Common Equity Tier-1 (CET-1), as BRI does not have
Services Authority Regulation No. 11/POJK.03/2016 on the Additional Tier-1 Capital
Minimum Capital Adequacy Requirement (KPMM) (POJK
34/2016), banks are required to maintain a minimum capital Therefore, BRI’s Tier-1 Capital Ratio is well above the minimum
in line with their risk profile and establish additional capital requirement of 6% and the minimum Common Equity Tier-1
buffers, as follows (CET-1) requirement of 4.5% set by the regulator.
1. Capital Conservation Buffer of 2.50% of Risk-Weighted
Assets (RWA)
PT Bank Rakyat Indonesia (Persero) Tbk. 349
Page 350
Management Discussion and Analysis
on Bank Performance
Capital Structure Details
A detailed description of the capital structure is presented as follows.
Table of Capital Structure (consolidated, in IDR millions)
Description 2025 2024
Core (Tier 1) 301,847,212 291,317,196
Common Equity (CET 1) 301,847,212 291,317,196
Supplementary Capital (Tier 2) 14,990,207 12,658,290
Total Capital Available 316,837,419 303,975,486
RWA for Loan after calculating spesific risks 1,176,866,464 981,702,825
RWA for Market Risk 31,859,023 33,799,657
RWA for Operational Risk 138,261,965 125,883,982
Total RWA 1,346,987,452 1,141,386,464
CAR Ratio 23.52% 26.63%
CET 1 Ratio 22.41% 25.52%
Tier 1 Ratio 22.41% 25.52%
Tier 2 Ratio 1.11% 1.11%
Minimum CAR based on Risk Profile 9.70% 9.64%
Information on Capital and Risk Exposure
In accordance with the complexity of its business, the Bank Based on the Otoritas Jasa Keuangan Regulation (POJK)
manages 8 (eight) types of risk, namely credit risk, liquidity Number 32/POJK.03/2016 concerning Amendments to the
risk, market risk, operational risk, legal risk, reputation risk, Otoritas Jasa Keuangan Regulation Number 6/POJK.03/2015
strategic risk and compliance risk. However, this section concerning Transparency and Publication of Bank Reports
only describes risk management practices for credit risk, Article 13A Banks are required to add quantitative information
market risk, liquidity risk and operational risk. Meanwhile, on risk exposures faced by Banks on Publication Report,
explanations related to other types of risk are presented Otoritas Jasa Keuangan Circular Letter (SEOJK) Number
in the Risk Profile and Management section on Corporate 9/SEOJK.03/2020 of 2020 concerning Transparency and
Governance in this Annual Report. Publication of Conventional Commercial Bank Reports and
POJK Number 18/POJK.03/2016 concerning Implementation
of Risk Management.
Key Metrics (KM1)
(in IDR millions)
2025 2024
No. Description
December September June March December
AVAILABLE CAPITAL (NOMINAL)
1 Common Equity (CET 1) 301,847,212 305,359,367 290,373,889 274,178,335 291,317,196
2 Core Capital (Tier 1) 301,847,212 305,359,367 290,373,889 274,178,335 291,317,196
3 Total Capital 316,837,419 319,278,990 303,861,534 287,405,100 303,975,486
RISK WEIGHTED ASSET (RWA) (NOMINAL)
4 Total Risk Weighted Asset (RWA) 1,346,987,452 1,256,297,227 1,215,106,893 1,195,809,550 1,141,386,464
350 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 351
Annual Report
2025
2025 2024
No. Description
December September June March December
RISK-BASED CAPITAL RATIOS AS A PERCENTAGE OF RWA
5 CET1 Ratio (%) 22.41% 24.31% 23.90% 22.93% 25.52%
6 Tier 1 Ratio (%) 22.41% 24.31% 23.90% 22.93% 25.52%
7 Total Capital Ratio (%) 23.52% 25.42% 25.01% 24.03% 26.63%
ADDITIONAL CAPITAL BUFFERS AS A PERCENTAGE OF RWA
8 Capital conservation buffer (2.5% from
2.50% 2.50% 2.50% 2.50% 2.50%
RWA) (%)
9 Capital conservation buffer (2.5% from
0.00% 0.00% 0.00% 0.00% 0.00%
RWA) (%)
10 Capital Surcharge for D-SIB Banks (1%–
2.50% 2.50% 2.50% 2.50% 2.50%
2.5%) (%)
11 Total Additional Capital Buffer (Row 8 +
5.00% 5.00% 5.00% 5.00% 5.00%
Row 9 and Row 10)
12 Common Equity Tier 1 (CET1) Capital
Components After Meeting Additional 17.41% 19.31% 18.90% 17.93% 20.52%
Capital Buffer Requirements
BASEL III LEVERAGE RATIO
13 Total Exposure 2,190,091,323 2,140,179,170 2,109,606,507 2,158,834,943 2,018,178,824
14 Leverage Ratio Value, Including the
Impact of Adjustments for the Temporary
Exemption of Placements in Current
13.78% 14.27% 13.76% 12.70% 14.43%
Accounts with Bank Indonesia for the
Purpose of Meeting Minimum Reserve
Requirements (If Any)
14b Leverage Ratio Value, Excluding the
Impact of Adjustments for the Temporary
Exemption of Placements in Current
13.78% 14.27% 13.76% 12.70% 14.43%
Accounts with Bank Indonesia for the
Purpose of Meeting Minimum Reserve
Requirements (If Any)
14c Leverage Ratio Value, Including the
Impact of Adjustments for the Temporary
Exemption of Placements in Current
Accounts with Bank Indonesia for the
13.78% 14.27% 13.76% 12.70% 14.43%
Purpose of Meeting Minimum Reserve
Requirements (If Any), Incorporating the
Average of the Gross Carrying Amount of
SFT Assets
14d Leverage Ratio Value, Excluding the Impact
of Adjustments for the Temporary Exemption
of Placements in Current Accounts with
Bank Indonesia for the Purpose of Meeting 13.78% 14.27% 13.76% 12.70% 14.43%
Minimum Reserve Requirements (If Any),
Incorporating the Average of the Gross
Carrying Amount of SFT Assets
LIQUIDITY COVERAGE RATIO (LCR)
15 Total High Quality Liquid Assets (HQLA) 339,473,424 367,870,393 335,250,863 346,853,663 337,555,743
16 Total Net Cash Outflows 247,935,815 245,939,488 230,302,667 221,497,914 210,081,677
17 Liquidity Coverage Ratio (%) 136.92% 149.58% 145.57% 156.59% 160.68%
NET STABLE FUNDING RATIO (NSFR)
18 Total Available Stable Funding (ASF) 1,355,934,194 1,363,031,479 1,365,170,404 1,321,662,574 1,316,826,496
19 Total Required Stable Funding (RSF) 1,149,494,783 1,107,115,183 1,087,310,740 1,068,895,699 1,029,199,906
20 Net Stable Funding Ratio (%) 117.96% 123.12% 125.55% 123.65% 127.95%
Qualitative Analysis
–
PT Bank Rakyat Indonesia (Persero) Tbk. 351
Page 352
Management Discussion and Analysis
on Bank Performance
Differences Between the Scope of Consolidation and the Mapping of Financial
Statements in Accordance with Financial Accounting Standards and Risk Categories in
Accordance with Financial Services Authority Regulations (LI1)
Carrying Amount
as Presented in the Carrying Amount Based
Published Financial on Prudential Principles
Statements
ASSET
1. Cash 32,044,482 929
2. Placements with Bank Indonesia 40,254,114 -
3. Placements with Other Bank 55,168,542 1,296,738
4. Spot and Derivative/Forward Receivables 1,167,029 -
5. Marketable Securities Held 391,644,693 25,864,350
6. Securities under agreement to repurchase 29,340,192 52
7. Securities under agreement to resell 24,452 -
8. Acceptance receivable 13,078,567 -
9. Loans 1,460,729,418 -
10. Sharia Financing 1)
56,350,282 -
11. Finance Lease Receivables 4,406,157 -
12. Investments in shares 8,834,868 5,463
13. Other financial assets 19,040,642 556,810
14. Allowance for impairment losses on financial assets -/- -
a. Marketable Securities Held (555,017) -
b. Loans and Sharia Financing (82,893,734) -
c. Others (394,618) (154)
15. Intangible Assets 806,416 -
Accumulated Amortization of Intangible Assets (-/-) - -
16. Premises and Equipment 94,045,303 1,469,171
Accumulated Depreciation of Premises and Equipment (-/-) (30,751,063) (819,493)
17. Non Performing Assets
a. Abandoned Properties 17,311 -
b. Foreclosed collaterals 100,471 -
c. Suspense Accounts - -
d. Interoffice Assets 13,317 -
18. Other Assets 42,899,281 7,961,648
Total Assets 2,135,371,105 36,335,514
LIABILITIES AND EQUITY
1. Demand Deposits 448,203,670 -
2. Saving Deposits 587,585,862 -
3. Deposits 431,054,307 -
4. Electronic money 614,383 -
5. Liabilities to Bank Indonesia 47,462 -
352 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 353
Annual Report
2025
Carrying Amount by Risk Type
Not Subject to
Under the Credit Risk Under the Counterparty Under the Securitization Under the Market Risk Capital Requirements
Framework Credit Risk Framework Framework Framework or Based on Capital
Deduction
32,443,932 - - - -
40,270,620 - - - -
56,879,989 - - - -
- 2,385,112 - - -
328,085,806 - - 8,620,678 -
- 884,064 - - -
- 24,452 - - -
13,078,568 - - - -
1,531,073,176 - - - -
- - - - -
- - - - -
8,930,844 - - - -
- - - - -
- - - - -
- - - - -
(60,555,221) - - - -
- - - - -
- - - - -
- - - - -
62,411,429 - - - -
- - - - -
- - - - -
55,674 - - - -
- - - - -
- - - - -
44,181,846 - - - -
2,056,856,665 3,293,628 - 8,620,678 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
PT Bank Rakyat Indonesia (Persero) Tbk. 353
Page 354
Management Discussion and Analysis
on Bank Performance
Carrying Amount
as Presented in the Carrying Amount Based
Published Financial on Prudential Principles
Statements
6. Liabilities to Other Banks 17,601,436 -
7. Spot and Derivative/Forward Liabilities 1,101,753 -
8. Liabilities under agreement to resell 27,932,749 -
9. Acceptances Payable 13,078,567 -
10. Marketable Securities Issued 40,901,648 -
11. Borrowings/Financing Received 129,657,345 -
12. Guarantee deposits 14,122 -
13. Interoffice Liabilities - -
14. Other Liabilities 106,636,367 21,623,431
TOTAL LIABILITIES 1,804,429,671 21,623,431
EQUITY
15. Paid-in-capital
a. Authorized Capital 15,000,000 704,053
b. Paid-in Capital Uncalled (-/-) (7,422,050) -
c. Treasury Stock (-/-) (4,463,270) -
16. Additional paid-in-capital
a. Agio 75,946,195 5,987,447
b. Disagio -/- - -
c. Capital Deposit Funds - -
d. Others 2,333,619 -
17. Other Comprehensive Income
a. Gains 22,174,083 477,240
b. Loss -/- (2,198,097) (12,331)
18. Reserves
a. General Reserves 3,022,685 -
b. Appropriated Reserves - -
19. Profit/Loss
a. Previous Years 214,715,081 5,912,139
b. Current Year 56,652,384 1,643,536
c. Dividends Paid (-/-) (51,726,772) -
TOTAL EQUITY ATTRIBUTABLE TO OWNERS 375,760,630 14,712,083
20. Non Controlling Interests (Minority Interest) 6,907,576 -
TOTAL EQUITY 382,668,206 14,712,083
TOTAL LIABILITIES AND EQUITY 2,187,097,877 36,335,514
354 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Carrying Amount by Risk Type
Not Subject to
Under the Credit Risk Under the Counterparty Under the Securitization Under the Market Risk Capital Requirements
Framework Credit Risk Framework Framework Framework or Based on Capital
Deduction
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
PT Bank Rakyat Indonesia (Persero) Tbk. 355
Page 356
Management Discussion and Analysis
on Bank Performance
Key Differences Between Carrying Amounts under Financial Accounting Standards and
Exposures under Financial Services Authority Regulations (LI2)
(in IDR millions)
a b c d e
Item in Accordance With:
Total Counterparty
Credit Risk Securitization Market Risk
Credit Risk
Framework Framework Framework
Framework
1 Carrying Amount of Assets in Accordance
with Prudential Consolidation Scope (As 2,068,770,971 2,056,856,665 - 3,293,628 8,620,678
Reported in LI1 Table)
2 Carrying Amount of Liabilities in
Accordance with Prudential Consolidation - - - - -
Scope (As Reported in LI1 Table)
3 Total Net Amount in Accordance with
2,068,770,971 2,056,856,665 - 3,293,628 8,620,678
Prudential Consolidation Scope
4 Administrative Account Value 214,851,452 214,851,452 - - -
5 Valuation Differences - - - - -
6 Differences Due to Netting Rules,
- - - - -
Excluding Items Included in Row 2
7 Provision Differences - - - - -
8 Differences Due to Prudential Filters - - - - -
Exposure Value Considered, in
Accordance with Prudential Consolidation - - - - -
Scope
Qualitative Analysis
–
Explanation of Differences Between Exposure Values under Financial Accounting
Standards and Financial Services Authority Regulations (LIA)
DIFFERENCES BETWEEN CARRYING AMOUNTS IN PUBLISHED FINANCIAL STATEMENTS AND CARRYING AMOUNTS UNDER
A.
PRUDENTIAL PRINCIPLES
The differences between the carrying amounts disclosed in the Published Financial Statements and the contractual carrying amounts of
each financial asset and liability arise from differences in the intended use of financial asset and liability data between reporting purposes
in accordance with accounting standards and business negotiation purposes. This principle is also applied to BRI’s subsidiaries.
356 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
VALUATION METHODOLOGY, DESCRIPTION OF INDEPENDENT PRICE VERIFICATION PROCESS, AND PROCEDURES FOR
B.
VALUATION OR RESERVES ADJUSTMENTS
Valuation is a critical component required for managing nearly all banking risks, including market risk, credit risk, and liquidity risk. The
valuation process is applied to all positions in the trading book, including securities held by the Group (fair-value-to-other-comprehensive
income).
There are valuation method levels for financial instruments measured at fair value. The distinctions among these levels are as follows:
Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2: Inputs other than quoted prices included in Level 1 that are observable for assets and liabilities, either directly (as a price) or
indirectly (derived from prices).
Level 3: Inputs for assets or liabilities that are not based on observable market data (unobservable information).
Verification of market price sources is performed via sampling for each type of instrument in open positions and does not need to be
conducted simultaneously. The sampling method is conducted randomly (random sampling). Verification is performed at a minimum to
assess the fairness of market prices and the information used as inputs in the valuation models.
No valuation adjustments are required, as the carrying amounts under the market risk framework utilize sources consistent with the
carrying amounts under financial accounting standards.
Capital
Capital Structure (CC1)
(in IDR millions)
Amount Ref. No. derived from
Components
(In IDR Millions) Consolidated Balance Sheet
COMMON EQUITY TIER I/CET 1: INTRUMENT AND SUPPLEMENTARY SUBSCRIBED CAPITAL
1. Common Equity (including stock surplus) 79,060,875 e.
2. Retained Earnings 215,749,291 g.
3. Accumulated Other Comprehensive Income 24,612,738 f.
4. Phase-out capital from CET1 N/A N/A
5. Qualifying Non-Controlling Interests 411.154 d.
6. CET 1 before Regulatory Adjustment 319.834.058
COMMON EQUITY TIER I/CET 1: REGULATORY ADJUSTMENT
Shortfall of the amount of fair value adjustments on financial
7. -
instruments in the trading book
8. Goodwill (806,416) b.
9. Other intangible assets (other than Mortgage-Servicing Rights) (4,450,075)
10. Deferred tax assets that rely on future profitability N/A N/A
11. Cash-flow hedge reserve N/A N/A
12. Shortfall of provisions (CKPN) to expected losses N/A N/A
13. Gain on sale related to securitization transactions -
14. Cumulative gains and losses due to changes in own credit risk (DVA) -
15. Defined benefit pension fund assets N/A N/A
16. Investments in own shares (treasury stock) N/A N/A
17. Reciprocal cross-holdings in CET 1 instruments
PT Bank Rakyat Indonesia (Persero) Tbk. 357
Page 358
Management Discussion and Analysis
on Bank Performance
Amount Ref. No. derived from
Components
(In IDR Millions) Consolidated Balance Sheet
Insignificant investments in the common shares of banking, financial
and insurance entities that are outside the scope of regulatory
18. N/A N/A
consolidation, net of eligible short positions (amount above 10%
threshold)
Significant investments in the common shares of banking, financial and
19. insurance entities that are outside the scope of regulatory consolidation, N/A N/A
net of eligible short positions (amount above 10% threshold)
20. Mortgage servicing rights (MSRs) -
Deferred tax assets arising from temporary differences (amount
21. N/A N/A
above 10% threshold, net of related tax liability)
22. Amount exceeding the 15% threshold from: N/A N/A
23. Significant investments in the common shares of financials N/A N/A
24. Mortgage servicing rights N/A N/A
25. Deferred tax assets from temporary differences N/A N/A
26. National specific regulatory adjustments (12,730,356)
26a. Shortfall of provisions (CKPN) to expected losses (PPA) -
26b. Provisions for non-earning assets (66,714)
26c. Deferred Tax Assets (DTA) (7,805,103) c.
26d. Investments / Equity participations (2,667,643) a.
26e. Capital shortfalls in insurance subsidiaries -
26.f Securitization exposures -
26.g Others (2,190,896)
Regulatory adjustments applied to CET1 due to insufficient AT1 and
27. -
Tier 2 to cover deductions
28. Total regulatory adjustments to CET1 (17,986,848)
29. Total Common Equity Tier 1 (CET1) after regulatory adjustments 301,847,212
Supplementary Tier 1 (AT1) Capital: instruments
30. AT1 instruments issued by the bank (including stock surplus) -
31. Classified as equity under applicable accounting standards -
32. Classified as liabilities under applicable accounting standards -
33. Instruments subject to phase-out from AT1 N/A N/A
AT1 instruments issued by subsidiaries and held by third parties
34. -
(qualifying AT1)
35 Instruments issued by subsidiaries subject to phase-out N/A N/A
36. Additional Tier 1 capital before regulatory adjustments -
SUPPLEMENTAL TIER 1 CAPITAL: REGULATORY ADJUSTMENTS
37. Investments in own Additional Tier 1 instruments
Reciprocal cross-holdings in Additional Tier 1 instruments of other
38.
entities
Investments in the capital of banking, financial, and insurance
entities that are outside the scope of regulatory consolidation, net
39. N/A N/A
of eligible short positions, where the Bank does not own more than
10% of the issued share capital (amount above 10% threshold)
Significant investments in the capital of banking, financial,
40. and insurance entities that are outside the scope of regulatory N/A N/A
consolidation (net of eligible short positions)
358 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Amount Ref. No. derived from
Components
(In IDR Millions) Consolidated Balance Sheet
41. Adjustments based on specific national regulations
Placement of funds in Supplementary Tier 1 instruments of
41.a -
other Banks
Adjustments to Supplementary Tier 1 due to Tier 2 being less
42. -
than its regulatory adjustments
43. Total regulatory adjustments to Supplementary Tier 1 -
44. Total Additional Tier 1 after regulatory adjustments -
45. Total Tier 1 Capital (CET 1 + AT 1) 301,847,212
Supplementing Capital (Tier 2): Instruments and reserves
46. Tier 2 instruments issued by the bank (including stock surplus) -
47. Capital subject to phase-out from Tier 2 N/A N/A
Tier 2 instruments issued by subsidiaries recognized in consolidated
48. 258,333 d.
capital adequacy (KPMM) calculations
49. Capital issued by subsidiaries subject to phase-out N/A N/A
General allowance for impairment losses (PPA) on productive assets,
50. 14,731,874
up to a maximum of 1.25% of Credit Risk-Weighted Assets (ATMR)
51. Total Tier 2 Capital before regulatory adjustments 14,990,207
TIER 2 CAPITAL: REGULATORY ADJUSTMENTS
52. Investments in own Tier 2 instruments N/A N/A
53. Reciprocal cross-holdings in Tier 2 instruments of other entities -
Investments in the capital of banking, financial, and insurance
entities that are outside the scope of regulatory consolidation, net
54. N/A N/A
of eligible short positions, where the Bank does not own more than
10% of the issued share capital (amount above 10% threshold)
Significant investments in the capital of banking, financial,
55. and insurance entities that are outside the scope of regulatory N/A N/A
consolidation (net of eligible short positions)
56. National specific regulatory adjustments
56.a Sinking Fund -
56.b Placement of funds in Tier 2 instruments of other Banks -
57. Total Tier 2 regulatory adjustments -
58. Total Tier 2 Capital after regulatory adjustments 14,990,207
59. Total Capital (Tier 1 + Tier 2) 316,837,419
60. Total Risk-Weighted Assets (RWA) 1,346,987,452
CAPITAL ADEQUACY RATIO (CAR) AND CAPITAL BUFFERS
61. Common Equity Tier 1 (CET 1) Ratio - percentage of RWA 22.41%
62. Tier 1 Capital Ratio - percentage of RWA 22.41%
63. Total Capital Ratio - percentage of RWA
64. Capital Buffer - percentage of RWA 23.52%
65. Capital conservation Buffer 2.50%
66. Countercyclical Buffer 0.00%
67. Capital surcharge untuk D-SIB 2.50%
For conventional commercial banks: Common Equity Tier 1 (CET
68.
1) available to meet Capital Buffers - percentage of RWA
PT Bank Rakyat Indonesia (Persero) Tbk. 359
Page 360
Management Discussion and Analysis
on Bank Performance
Amount Ref. No. derived from
Components
(In IDR Millions) Consolidated Balance Sheet
NATIONAL MINIMAL (IF DIFFERENT FROM BASEL 3)
69. National CET1 minimum ratio (if different from Basel 3) N/A N/A
70. National Tier 1 minimum ratio (if different from Basel 3) N/A N/A
71. National total capital minimum ratio (if different from Basel 3)
TOTAL BELOW THE THRESHOLDS FOR DEDUCTION (BEFORE RISK WEIGHTING)
72. Non-significant investments in the capital of other financial entities N/A N/A
73. Significant investments in the common stock of financial entities N/A N/A
74. Mortgage servicing rights (net of related tax liability) N/A N/A
Deferred tax assets arising from temporary differences (net of
75. N/A N/A
related tax liability)
PROVISION CAPS FOR TIER 2
Provisions eligible for inclusion in Tier 2 in respect of exposures
76. N/A N/A
subject to the standardized approach (prior to application of cap)
Cap on inclusion of provisions in Tier 2 under the standardized
77. N/A N/A
approach
Provisions eligible for inclusion in Tier 2 in respect of exposures subject
78. N/A N/A
to internal ratings-based (IRB) approach (prior to application of cap)
Cap on inclusion of provisions in Tier 2 under the internal ratings-
79. N/A N/A
based (IRB) approach
CAPITAL INSTRUMENTS SUBJECT TO PHASE-OUT ARRANGEMENTS (ONLY APPLICABLE BETWEEN 1 JAN 2018 TO 1 JAN 2022)
80. Current cap on CET1 instruments subject to phase-out arrangements N/A N/A
Amount excluded from CET1 due to cap (excess over cap after
81. N/A N/A
redemptions and maturities)
82. Current cap on AT1 instruments subject to phase-out arrangements N/A N/A
Total excluded from AT1 due to cap (excess over cap after
83. N/A N/A
redemptions and maturities)
84. Current cap on Tier 2 instruments subject to phase-out arrangements N/A N/A
Total excluded from Tier 2 due to cap (excess over cap after
85. N/A N/A
redemptions and maturities)
CAPITAL RECONCILIATION (CC 2)
(in IDR Millions)
Statements of
consolidated
financial
Statements of
position with the Reference
Financial Position
consolidated No.
No Accounts Publication
coverage based on
the provisions of
prudential
December 2025 December 2025
ASSET
1. Cash 31,975,034 32,044,482
2. Placements with Bank Indonesia 39,576,502 40,254,114
3. Placements with other banks 53,075,759 55,168,542
360 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 361
Annual Report
2025
Statements of
consolidated
financial
Statements of
position with the Reference
Financial Position
consolidated No.
No Accounts Publication
coverage based on
the provisions of
prudential
December 2025 December 2025
4. Spot and derivative/forward invoices 1,161,614 1,167,029
5. Owned securities 357,542,499 391,644,693
6. Securities sold under repurchase agreements (Repo) 29,340,140 29,340,192
Invoices on securities purchased under resale agreements
7. 24,452 24,452
(Reverse Repo)
8. Acceptance invoices 13,078,567 13,078,567
9. Granted loans 1,342,673,712 1,460,729,418
10. Sharia financing1) - 56,350,282
11. Finance lease receivables - 4,406,157
12. Equity investments 51,300,972 6,167,225
Equity investments as a CET 1 Regulatory Adjustment 2,667,643 a.
13. Other financial assets 12,281,112 19,040,642
14. Allowance for impairment losses on financial assets -/-
a. Owned securities (554,918) (555,017)
b. Granted loans and Sharia financing (72,903,722) (82,893,734)
c. Others (44,658) (394,618)
15. Intangible assets - 806,416 b.
Accumulated amortization of intangible assets -/- - -
16. Fixed assets and equipment 68,708,433 94,045,303
Accumulated depreciation of fixed assets and equipment -/- (23,342,308) (30,751,063)
17. Non-earning assets - -
a. Abandoned properties 17,311 17,311
b. Foreclosed collateral 50,837 100,471
c. Suspense accounts - -
d. Inter-office assets 13,317 13,317
18. Other assets
a. Deferred Tax Assets 5,066,962 26,334,702
Recognized in Tier 1 7,805,103 c.
b. Other assets 22,494,242 8,759,475
TOTAL ASSETS 1,931,535,859 2,135,371,105
LIABILITIES AND EQUITY
1. Demand deposits 450,129,463 448,203,670
2. Saving 584,892,761 587,585,862
3. Time deposits 425,066,471 431,054,307
PT Bank Rakyat Indonesia (Persero) Tbk. 361
Page 362
Management Discussion and Analysis
on Bank Performance
Statements of
consolidated
financial
Statements of
position with the Reference
Financial Position
consolidated No.
No Accounts Publication
coverage based on
the provisions of
prudential
December 2025 December 2025
4. Electronic Money 614,383 614,383
5. Liabilities to Bank Indonesia 47,462 47,462
6. Liabilities to other banks 17,908,511 17,601,436
7. Spot and derivative/forward liabilities 1,101,701 1,101,753
Liabilities on securities sold under repurchase agreements
8. 27,932,749 27,932,749
(Repo)
9. Acceptance liabilities 13,078,567 13,078,567
10. Issued securities 11,596,380 40,901,648
11. Received Borrowings / Financing 32,599,096 129,399,012
Recognized in Tier 1 258,333 d.
12. Deposits for guarantees (Security deposits) 14,074 14,122
13. Inter-office liabilities - -
14. Other liabilities 67,058,066 106,636,367
TOTAL LIABILITIES 1,632,039,684 1,804,429,671
EQUITY
15. Paid-in capital
a. Authorized capital 15,000,000 15,000,000 e.
b. Unpaid-in capital -/- (7,422,050) (7,422,050) e.
c. Treasury stock -/- (4,463,270) (4,463,270) e.
16. Additional paid-in capita
a. Agio (Share premium) 76,339,022 75,946,195 e.
b. Disagio (Share discount) -/- - -
c. Capital stock subscription - -
d. Others 575,039 2,333,619
17. Other comprehensive income
a. Gain 20,820,990 584,030
Recognized in Tier 1 21,590,053 f.
b. Loss -/- (1,686,054) (2,198,097)
Recognized in Tier 1 - f.
18. Reserves
a. General reserve 3,022,685 -
Recognized in Tier 1 3,022,685 f.
b. Appropriated reserve - -
362 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 363
Annual Report
2025
Statements of
consolidated
financial
Statements of
position with the Reference
Financial Position
consolidated No.
No Accounts Publication
coverage based on
the provisions of
prudential
December 2025 December 2025
19. Profit/loss
a. Previous years 198,632,659 55,268,563
Recognized in Tier 1 159,446,518 g.
b. Current year 50,403,926 349,611
c. Recognized in Tier 1 56,302,773 g.
d. Dividends paid -/- (51,726,772) (51,726,772)
TOTAL EQUITY ATTRIBUTABLE TO OWNERS 299,496,175 324,033,858
20. Non-controlling interests (Minority interest) - 6,496,422
411,154 h.
TOTAL EQUITY 299,496,175 330,941,434
TOTAL LIABILITIES AND EQUITY 1,931,535,859 2,135,371,105
Key Features of Capital Instruments and TLAC-Eligible Instruments
Disclosure of Key Features of Capital Instruments
Quantitative/Qualitative Quantitative/Qualitative
No. Questions
Information Information
1 Issuer PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk
Unique identifier (e.g. ISIN, CUSIP or ISIN Code: ID1000118201 ISIN Code: IDA000133300
2
Bloomberg) Short Code: BBRI Short Code: BBRI04SB
3 Governing law(s) of the instrument Law of Indonesia Law of Indonesia
Means by which the enforceability of Section
13 of the TLAC Term Sheet is achieved (for
3a N/A N/A
other TLAC-eligible instruments governed by
foreign law)
Regulatory treatment under Minimum
Capital Adequacy (KPMM) regulations
4 Transitional Basel III rules N/A N/A
5 Post-transitional Basel III rules CET 1 Tier 2
6 Eligible at solo/group/solo & group Consolidated and Individual Consolidated and Individual
7 Instrument type (or Type of instrument) Ordinary Share Subordinated Bonds
8 Amount recognized in regulatory capital 80,209,581 258,333
9 Par value of instrument 7,577,950 500,000
PT Bank Rakyat Indonesia (Persero) Tbk. 363
Page 364
Management Discussion and Analysis
on Bank Performance
Disclosure of Key Features of Capital Instruments
Quantitative/Qualitative Quantitative/Qualitative
No. Questions
Information Information
10 Accounting classification (Equity / Liability) Equity Liability
11 Original date of issuance 10/11/2003 06/07/2023
12 Perpetual or dated Perpetual Dated
13 Maturity date No Maturity date 06/07/2028
Issuer call subject to prior supervisory
14 No No
approval
Optional call date, contingent call dates
15 - -
and redemption amount
16 Subsequent call dates, if applicable - -
Dividend/Coupon - -
17 Fixed or floating dividend/coupon - Fixed
18 Coupon rate and any related index - 6.45%
19 Existence of a dividend stopper No No
Fully discretionary, partially discretionary
20 - Mandatory call by OJK
or mandatory
Existence of step-up or other incentive to
21 - No
redeem
22 Non-cumulative or cumulative - Cumulative
23 Convertible or non-convertible - Non-convertible
24 If convertible, conversion trigger(s) - -
25 If convertible, fully or partially - -
26 If convertible, conversion rate - -
If convertible, mandatory or optional
27 - -
conversion
If convertible, instrument type convertible
28 - -
into
If convertible, issuer of instrument it
29 - -
converts into
30 Write-down feature - Yes
1. Consolidated Common Equity Tier 1 (CET
1) ratio of the Parent Bank is less than or
equal to 5.125%
2. Authority’s plan to provide a capital
31 If write-down, write-down trigger(s) - injection to the Parent Bank which
is deemed to have potential viability
concerns (Point of Non-Viability)
3. Directive from OJK to perform a write-
down.
364 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 365
Annual Report
2025
Disclosure of Key Features of Capital Instruments
Quantitative/Qualitative Quantitative/Qualitative
No. Questions
Information Information
32 If write-down, full or partial - Full
33 If write-down, permanent or temporary - Permanent
If temporary write-down, explain the write-
34 - OJK Directive
up mechanism
34a Subordination type - Sub-ordinated Bonds
Subordinated bondholders do not have
Position in subordination hierarchy in
priority over other creditors and the
35 liquidation (instrument type immediately -
Subordinated Bonds are not secured by any
senior to the instrument)
collateral.
36 Non-compliant features - No
37 If yes, specify non-compliant features - No
Qualitative Disclosure on Capital Structure and Capital Adequacy
The management of capital structure aims to ensure that BRI No. 34/POJK.03/2016 dated September 22, 2016 (POJK
consistently maintains adequate capital to cover inherent 34/2016), banks are required to maintain minimum capital
risks in its business operations without compromising value according to their risk profile and establish additional capital
optimization for shareholders. buffers, as follows:
1. Capital Conservation Buffer: 2.50% of Risk-Weighted
BRI has established a Financial Conglomeration Governance Assets (RWA)
Committee, consisting of six sub-committees, including 2. Countercyclical Buffer: 0.00% of RWA
the Capital, Investment, and Strategy Sub-Committee. The 3. Capital Surcharge for Systemically Important Banks:
Committee serves as a supporting body for the Board of 2.50% of RWA
Directors to review, determine, recommend, and evaluate
corporate actions undertaken by the BRI Group. In addition, BRI’s minimum CAR based on risk profile is 9.70%
the Committee conducts performance reviews and analyses, (consolidated). As of 2025, BRI’s CAR stood at 21.06% (bank
as well as provides recommendations on BRI Group only) and 23.52% (consolidated), well above the regulatory
synergies, including activities related to capital structure minimum requirements for banking and financial services.
optimization and subsidiary management.
Regarding capital structure, as of December 2025, BRI held
BRI also has a Risk Management Committee, which is Tier-1 Capital of IDR246.05 trillion (bank only) and IDR301.84
responsible for the implementation of risk management trillion (consolidated), as well as Tier-2 Capital of IDR13.97
and integrated risk management strategies. This trillion (bank only) and IDR14.99 trillion (consolidated).
Committee is tasked with determining corrective actions The Tier-1 CAR reached 19.93% (bank only) and 22.41%
based on evaluations of the Integrated Risk Management (consolidated). BRI’s Tier-1 Capital is equivalent to Common
implementation, including capital analysis. Equity Tier 1 (CET1) Capital, as BRI does not have Additional
Tier 1 (AT1) Capital.
BRI is committed to complying with regulatory requirements
regarding capital structure. Based on Financial Services Therefore, BRI’s Tier-1 Capital Ratio is well above the
Authority Regulation (POJK) No. 11/POJK.03/2016 dated regulatory minimum of 6% as well as the minimum Common
January 29, 2016, concerning Minimum Capital Requirements Equity Tier 1 (CET1) requirement of 4.5% set by the Regulator.
for Commercial Banks (POJK 11/2016), as amended by POJK
PT Bank Rakyat Indonesia (Persero) Tbk. 365
Page 366
Management Discussion and Analysis
on Bank Performance
Risk Management – Bank Risk Management Approach (OVA)
A. BUSINESS MODEL AND INTERACTION WITH THE RISK PROFILE
Risk Profile of the Bank is established to provide an overview of the assessment of risks inherent in the business and operational activities
of BRI, as well as the quality of the implementation of its risk management, both on an individual basis and on a consolidated basis with
its Subsidiaries. The Bank’s business model is reflected in its risk profile through the determination and measurement of risk profile
parameters. The Bank regularly evaluates the determination of risk limits and risk management thresholds at least once a year, or more
frequently in the event of changes in factors that significantly affect business activities, risk exposure, and/or the Risk Profile.
In order to calculate additional capital in accordance with the Risk Profile, the Bank implements the Internal Capital Adequacy Assessment
Process (ICAAP), which applies to the Bank both on an individual basis and on a consolidated basis with its Subsidiaries. ICAAP is a
process undertaken by the Bank to determine capital adequacy in line with the Bank’s risk profile and to establish strategies for maintaining
adequate capital levels.
B. RISK MANAGEMENT STRUCTURE AND GOVERNANCE
The Company’s Risk Management framework is set out in the BRI Risk Management Policy and is implemented through an approach that
integrates capital management and risk management in operational and business activities, covering all levels of the BRI organization
as well as members of the BRI Financial Conglomeration. In general, the BRI risk management framework, which is integrated with its
Subsidiaries, can be illustrated as follows:
Board of Commissioners & Board of Directors of the Main Entity
Adequacy of Risk Management
Active Oversight by the Board Policies and Procedures and Adequacy of Integrated Risk
Integrated Internal Control
of Directors and the Board of the Establishment of Integrated Management Processes and
System
Commissioners of the Limits Information Systems
Integrated Risk Taking Unit &
Board of Commissioners’
Integrated Risk Management Committee Policy Making Unit
Committees
Identifikasi, Pengukuran, Pemantauan, Pengendalian
Oversight Function
Sistem Informasi Manajemen Risiko
Komite Credit Risk Strategic Risk
Pemantau MR
BRI
Market Risk Compliance Risk 1st Line 2nd Line 3rd Line
Three Lines Model
Komite Tata Kelola Business Unit Integrated Risk Unit
Independent
Liquidity Risk Reputation Risk Assurance
Terintegrasi
Integrated Integrated Internal
Operational Risk Intragroup Risk Operation
Compliance Unit Audit Unit
Komite Audit
Legal Legal Risk Insurance Risk Integrated Risk Integrated Risk Integrated
Taking Unit & Compliance Assurance
Board of Commissioners’ Subsidiary Risk Taking Unit & Policy
Board of Directors of the Subsidiaries
Committees Making Unit
Oversight Function Risk Management Committee of the Subsidiaries Identification, Measurement, Monitoring, and Control
Subsidiaries
Risk Management Information System
1. Credit Risk 6. Strategic Risk
Board of
Commissioners’ 2. Market Risk 7. Compliance Risk 1st Line 2nd Line 3rd Line
Committees
Three Lines Model
3. Liquidity Risk 8. Reputation Risk Independent
KPMR, Audit Business Unit Risk Unit
Assurance
Committee, and 4. Operational Risk 9. Insurance Risk
KTKT* Subsidiary Operation Compliance Unit Internal Audit Unit
5. Legal Risk (Insurance)
Risk & Compliance Subsiary
Risk Taking Unit
Control Assurance
Three Lines Oversight
The integrated risk management governance framework above refers to POJK No. 17/POJK.03/2014 on the Implementation of Integrated
Risk Management for Financial Conglomerates. The risk management framework and governance applied by the BRI Financial
Conglomeration consist of four (4) main pillars, as follows:
1. Pillar 1: Active oversight by the Board of Directors and the Board of Commissioners of the Main Entity;
2. Pillar 2: Adequacy of policies, procedures, and the establishment of integrated limits;
3. Pillar 3: Adequacy of integrated risk management processes and risk management information systems; and
4. Pillar 4: A comprehensive integrated internal control system.
In the implementation of Pillar 1 and Pillar 2 of Integrated Risk Management, the Board of Directors and the Board of Commissioners of
each entity within the BRI Financial Conglomeration are assisted by the Risk Management Committee under the Board of Directors and
by committees under the Board of Commissioners. In the implementation of Pillar 3, each entity within the BRI Financial Conglomeration
applies the three lines model of risk governance, consisting of the following:
1. The first line, as the risk owner unit, represents the units that directly identify and manage risks in business processes, consisting of
both Core Risk Taking Units and Supporting Risk Taking Units;
2. The second line, as the independent risk management and compliance function, represents the units responsible for measuring,
monitoring, and mitigating risks on an aggregate basis, as well as developing risk management methodologies and policies; and
3. The third line, as the Internal Audit function, represents the unit responsible for ensuring that risk governance and risk control are
effectively implemented within the organization.
366 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
In the implementation of Pillar 4, namely the Integrated Internal Control System, the Integrated Internal Audit Unit and the Internal Audit
Units of the Subsidiaries, acting as Independent Assurance, play an important role in ensuring the effectiveness of the implementation
of the three pillars of Integrated Risk Management. Lastly, in the implementation of Integrated Risk Management, synergy is established
between the risk management organs of the Main Entity and those of the Subsidiaries.
C. CODE OF CONDUCT
BRI has established a Code of Conduct policy as stipulated under its Good Governance provisions. The principles of the Code of Conduct
at BRI are as follows:
1. Principle of Leadership Commitment and Exemplary Conduct
Leadership commitment is reflected in the obligation of the Board of Directors and the Board of Commissioners to declare their
compliance with the Code of Conduct through a Code of Conduct Statement Letter. In addition, the Board of Directors and the Board
of Commissioners serve as role models for all BRILiaN personnel in adhering to and implementing the Code of Conduct.
2. Principle of Transparency
The principle of transparency is reflected in the Bank’s openness and disclosure regarding the provisions, implementation, and any
violations of the Code of Conduct occurring within BRI, in accordance with the applicable regulations.
3. Principle of Accountability
BRI’s responsibility as a bank in implementing the Code of Conduct is reflected, among others, in its relationships with customers,
competitors, business partners, regulators, stakeholders, as well as the community and the environment. The responsibility of BRI
personnel to comply with the Code of Conduct is documented through the Code of Conduct Statement Letter and through the
application of conduct consistent with the Code of Conduct in carrying out their duties and responsibilities.
4. Principle of Control
Violations of the Code of Conduct may be reported through the Whistleblowing System (WBS). If, based on the results of the
investigation, the violation is proven to be valid, sanctions will be imposed in accordance with the provisions of BRI’s Disciplinary
Regulations.
5. Principle of Oversight
The implementation of the Code of Conduct policy at BRI is subject to monitoring and evaluation to ensure that the Code of Conduct
is well understood by BRI personnel and properly implemented, thereby continuously serving as a guideline for all BRI personnel. The
Code of Conduct policy is also continuously improved in line with prevailing conditions.
The commitment to the Code of Conduct applies to all BRI personnel at all levels of the organization. The continuous and sustainable
implementation of the Code of Conduct, reflected in attitudes, actions, commitments, and regulations, supports the creation of the
Company’s culture. All BRI personnel are required to sign a Code of Conduct Statement Letter annually.
The publication and transparency of the Company’s Code of Conduct are carried out through BRI’s website, which includes, but is not
limited to, the policies and implementation of the Code of Conduct at BRI in accordance with applicable regulations. In addition, BRI’s
compliance system is certified/audited/verified by third parties, both internal and external, in accordance with the applicable provisions.
D. SCOPE AND KEY FEATURES OF THE RISK MEASUREMENT SYSTEM
The risk measurement system is used to measure BRI’s risk exposure as a basis for risk control. Risk measurement must be conducted
periodically for products and portfolios as well as for all BRI business activities. The measurement approaches and methodologies may
be quantitative, qualitative, or a combination of both, through the development of models such as Internal Risk Rating, Value at Risk (VaR),
Portfolio Management, Stress Testing, Economic Value of Equity (EVE), impairment models, and other models that support decision-
making.
The risk measurement system is evaluated and refined periodically or whenever necessary to ensure the appropriateness of assumptions,
accuracy, reasonableness and integrity of data, as well as the procedures used in measuring risk. Enhancements to the risk measurement
system are carried out whenever there are changes in BRI’s business activities, products, transactions, and risk factors that may affect
BRI’s financial condition.
In order to align the implementation of Basel II, Basel III, and Enterprise Risk Management (ERM), BRI continues to implement the Basel
framework in accordance with the regulatory guidelines of the Otoritas Jasa Keuangan and the Basel Committee on Banking Supervision,
as well as other best practices. This implementation covers areas including Credit Risk, Market Risk, Liquidity Risk, Interest Rate Risk in the
Banking Book (IRRBB), Operational Risk, Capital Management, the Internal Capital Adequacy Assessment Process (ICAAP), Stress Testing,
and Recovery and Resolution Plan.
E. RISK INFORMATION REPORTING TO THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
The Risk Management Work Unit (SKMR) of BRI and all Subsidiaries prepare risk management reports in formats that comply with the
applicable regulations, both on a consolidated basis and on an integrated basis. Risk management reporting to the Board of Directors, the
Board of Commissioners, and other relevant parties includes, among others, the following:
1. Monitoring reports on the Risk Appetite Statement, Risk Profile, and Bank Soundness Level, both on an individual and consolidated basis;
2. Allowance for Impairment Losses (CKPN) adequacy reports;
3. Risk-Weighted Assets (RWA) reports for Credit Risk, Market Risk, and Operational Risk;
4. Reports on loan growth developments;
5. Reports on credit quality developments;
6. Reports on the development of restructured loans;
7. Reports on the utilization of the write-off budget and realization of recovery income;
8. Monitoring reports on impairment costs (CKPN) and provisioning ratios, such as NPL Coverage and LAR Coverage;
9. Stress testing results for Credit Risk, both at the portfolio level and for large borrowers, as well as stress testing for Market Risk and
Liquidity Risk;
10. Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) reports;
11. Interest Rate Risk in the Banking Book (IRRBB) reports; and
12. Recovery and Resolution Plan reports.
PT Bank Rakyat Indonesia (Persero) Tbk. 367
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Management Discussion and Analysis
on Bank Performance
F. STRESS TEST
To assess the adequacy of the Bank’s capital resilience and liquidity sufficiency in facing changes and shocks in macroeconomic
conditions, BRI conducts stress testing. The objectives of stress testing at BRI are as follows:
1. To identify impacts, particularly those that may have a significant effect on BRI’s portfolio;
2. To estimate BRI’s potential losses under abnormal and extreme market conditions;
3. To measure the sensitivity of BRI’s performance and financial condition to changes in risk factors; and
4. To ensure that BRI maintains resilience during periods of economic crisis.
The scope of stress testing implemented at BRI includes scenario stress testing and sensitivity stress testing. Scenario stress testing
covers credit risk, market risk, and liquidity risk. Within scenario stress testing, credit risk and market risk are included in the solvency
stress test, which assesses the Bank’s capital resilience as reflected in its financial statements, including the balance sheet, profit or loss,
and financial ratios. Meanwhile, liquidity risk is assessed through a separate methodology outside the solvency stress test framework.
Sensitivity stress testing is conducted to complement the analysis of scenario stress testing and includes credit risk, exchange rate
risk, and interest rate risk. Stress testing at BRI is conducted both on an individual basis and on a consolidated basis together with its
Subsidiaries. The implementation of stress testing across the BRI Group constitutes part of integrated risk management, with the results
reported to BRI management, the management of Subsidiaries, as well as the regulator to obtain feedback and consideration for the
Company’s risk management strategies under economic downturn scenarios.
As one of the Domestic Systemically Important Banks (D-SIBs) in Indonesia, BRI is required to prepare stress testing analysis as part of
the Recovery Plan, which is submitted to the Board of Directors and to the Otoritas Jasa Keuangan. BRI also participates in the Joint Stress
Test conducted periodically by Bank Indonesia and Otoritas Jasa Keuangan.
G. STRATEGIES AND PROCESSES TO MANAGE, HEDGE, AND MITIGATE RISKS ARISING FROM THE BANK’S BUSINESS MODEL
The market risk management process is carried out in accordance with the principles of risk management implementation as stipulated in the
general risk management policy and is based on the Three Lines Model, in which the Board of Commissioners and the Board of Directors act as
the governing body, supported by the Three Lines of Defense consisting of the Operational Work Units, the Risk Management Work Unit, and the
Internal Audit Work Unit. Active oversight by the Board of Directors is conducted periodically through various management forums, including the
Risk Management Committee Forum, the Assets and Liability Management Committee (ALCO) Forum, the Business Performance Review, and
meetings of the Board of Directors. Meanwhile, oversight by the Board of Commissioners is carried out through the Risk Monitoring Committee.
Risk measurement is performed periodically (daily and monthly) by both the Operational Work Units and the Risk Management Work Unit using
established tools to mitigate risks that may arise from business activities.
BRI establishes hedging policies to reduce risks arising or expected to arise from price fluctuations in the financial markets. Matters stipulated
in relation to hedging include general provisions, hedging transaction techniques, limits on hedging transactions, and hedging instruments.
Leverage Ratio
Report on Total Exposure in the Leverage Ratio – Individual
(in IDR million)
No Item Total
Total assets in the statement of financial position in the published financial statements (gross before
1 2,005,039,158
allowance for impairment losses).
Adjustment for investments in banks, financial institutions, insurance companies, and/or other entities
2 that are required to be consolidated under financial accounting standards but excluded from the scope of (43,694,582)
consolidation based on OJK regulations.
Adjustment for the value of underlying financial asset pools transferred in asset securitization transactions
that meet the true sale requirements as stipulated in OJK regulations on prudential principles in asset
3 securitization activities for commercial banks. -
If the underlying financial assets have been deducted from total assets in the statement of financial
position, the amount in this row is 0 (zero).
Adjustment for the temporary exclusion of demand deposits with Bank Indonesia to meet the minimum
4 -
reserve requirement (if any).
Adjustment for fiduciary assets recognized in the statement of financial position under financial
5 -
accounting standards but excluded from the calculation of total exposure in the Leverage Ratio.
Adjustment for purchases or sales of financial assets under regular way transactions using trade date
6 -
accounting.
7 Adjustment for cash pooling transactions that meet the requirements as stipulated in this OJK regulation. -
8 Adjustment for derivative transaction exposure. 5,022,245
9 Adjustment for SFT exposure, such as reverse repo transactions. 1,407,391
10 Adjustment for TRA exposure after applying the credit conversion factor (CCF). 122,184,690
Adjustment for prudential valuation, including capital deduction factors and allowance for impairment
11 (169,259,220)
losses.
368 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 369
Annual Report
2025
No Item Total
12 Other adjustments.
13 Total Exposure in the Leverage Ratio calculation. 1,920,699,682
Reports on Leverage Ratio Calculation – Individual
(in IDR million)
Period
No Item
T T-1
(December 2025) (September 2025)
ASSET EXPOSURES IN THE STATEMENT OF FINANCIAL POSITION
1 Asset exposures in the statement of financial position, including collateralized assets
but excluding derivative transaction exposures and SFT exposures (gross value before 1,889,083,441 1,853,312,610
deduction of allowance for impairment losses).
2 Add-back for derivative collateral provided to counterparties that reduces total on-balance
- -
sheet asset exposure due to the application of financial accounting standards.
3 (Deduction of receivables related to variation margin provided in derivative transactions) - -
4 (Adjustment for the carrying value of securities received in SFT exposures recognized as
- -
assets)
5 (Allowance for impairment losses on such assets in accordance with financial accounting
(73,503,299) (72,696,299)
standards)
6 (Assets already deducted from Core Capital as stipulated in OJK regulations concerning
(54,556,993) (56,329,422)
the minimum capital adequacy requirement for commercial banks)
7 Total asset exposures in the statement of financial position
1,761,023,149 1,724,286,889
Sum of rows 1 to 6
DERIVATIVE TRANSACTION EXPOSURES
8 RC value for all derivative transactions, whether qualified variation margin is provided or a
2,385,112 2,983,457
qualifying netting agreement exists.
9 Add-on amount representing the PFE for all derivative transactions. 5,022,245 5,780,080
10 (Exemption for derivative transaction exposures cleared through a central counterparty
- -
(CCP))
11 Adjustment for the effective notional amount of credit derivatives. - -
12 (Adjustment for the netting of effective notional amounts and reduction of add-ons for
- -
credit derivative sales transactions)
13 Total Derivative Transaction Exposures
7,407,357 8,763,537
Sum of rows 8 to 12
SECURITIES FINANCING TRANSACTION (SFT) EXPOSURES
14 Gross carrying value of SFT assets 29,340,140 42,287,258
15 (Net value between cash liabilities and cash receivables) - -
16 Counterparty credit risk arising from counterparty default related to SFT assets, calculated
1,407,391 1,755,265
based on the current exposure method as stipulated in the Appendix of this OJK Regulation.
17 Exposure as SFT Agent - -
18 Total SFT Exposures
30,747,531 44,042,523
Sum of rows 14 to 17
OFF-BALANCE SHEET TRANSACTION (TRA) EXPOSURES
19 Total commitments and contingent liabilities (gross value before deduction of allowance
214,735,779 218,135,559
for impairment losses)
20 (Adjustment for the amount resulting from the multiplication of commitments or contingent
(91,268,882) (96,281,408)
liabilities by the CCF, net of allowance for impairment losses)
21 (Allowance for impairment losses on TRA in accordance with financial accounting
(1,945,252) (2,346,729)
standards)
22 Total TRA Exposures
121,521,645 119,507,422
Sum of rows 19 to 21
PT Bank Rakyat Indonesia (Persero) Tbk. 369
Page 370
Management Discussion and Analysis
on Bank Performance
Period
No Item
T T-1
(December 2025) (September 2025)
CAPITAL AND TOTAL EXPOSURE
23 Core Capital 246,050,197 251,199,234
24 Total Exposure
1,920,699,682 1,896,600,371
Sum of rows 7, 13, 18, and 22
LEVERAGE RATIO
25 Leverage Ratio value, including the impact of adjustments for the temporary
exclusion of demand deposits with Bank Indonesia to meet the minimum reserve 12.81% 13.24%
requirement (if any)
25.a. Leverage Ratio value, excluding the impact of adjustments for the temporary
exclusion of demand deposits with Bank Indonesia to meet the minimum reserve 12.81% 13.24%
requirement (if any)
26 Minimum Leverage Ratio 3% 3%
27 Buffer to the Leverage Ratio - -
DISCLOSURE OF AVERAGE VALUES
28 Average value of the gross carrying amount of SFT assets, after adjustment for sale
14.670.070 21.143.629
accounting transactions netted against cash liabilities and cash receivables in SFT
29 End-of-quarter reported value of the gross carrying amount of SFT assets, after adjustment
29.340.140 42.287.258
for sale accounting transactions netted against cash liabilities and cash receivables in SFT
30 Total Exposure, including the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
121.521.645 119.507.422
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
30.a. Total Exposure, excluding the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
121.521.645 119.507.422
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
31 Leverage Ratio value, including the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
12.81% 13.24%
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
31.a. Leverage Ratio value, excluding the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
12.81% 13.24%
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
Report on Total Exposure in the Leverage Ratio – Consolidated
(in IDR million)
No Item Total
Total assets in the statement of financial position in the published financial statements (gross before
1 2,219,214,474
allowance for impairment losses).
Adjustment for investments in banks, financial institutions, insurance companies, and/or other entities
2 that are required to be consolidated under financial accounting standards but excluded from the scope of (2,667,643)
consolidation based on OJK regulations.
Adjustment for the value of underlying financial asset pools transferred in asset securitization transactions
that meet the true sale requirements as stipulated in OJK regulations on prudential principles in asset
3 securitization activities for commercial banks. -
If the underlying financial assets have been deducted from total assets in the statement of financial
position, the amount in this row is 0 (zero).
Adjustment for the temporary exclusion of demand deposits with Bank Indonesia to meet the minimum
4 -
reserve requirement (if any).
370 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Item Total
Adjustment for fiduciary assets recognized in the statement of financial position under financial
5 -
accounting standards but excluded from the calculation of total exposure in the Leverage Ratio.
Adjustment for purchases or sales of financial assets under regular way transactions using trade date
6 -
accounting.
7 Adjustment for cash pooling transactions that meet the requirements as stipulated in this OJK regulation. -
8 Adjustment for derivative transaction exposure. 5,022,245
9 Adjustment for SFT exposure, such as reverse repo transactions. 1,407,443
10 Adjustment for TRA exposure after applying the credit conversion factor (CCF). 122,230,958
Adjustment for prudential valuation, including capital deduction factors and allowance for impairment
11 (155,116,154)
losses.
12 Other adjustments.
13 Total Exposure in the Leverage Ratio calculation. 2,190,091,323
Report on Leverage Ratio Calculation – Consolidated
(in IDR million)
Period
No Item
T T-1
(December 2025) (September 2025)
ASSET EXPOSURES IN THE STATEMENT OF FINANCIAL POSITION
1 Asset exposures in the statement of financial position, including collateralized assets
but excluding derivative transaction exposures and SFT exposures (gross value before 2,130,253,380 2,069,358,033
deduction of allowance for impairment losses).
2 Add-back for derivative collateral provided to counterparties that reduces total on-balance
- -
sheet asset exposure due to the application of financial accounting standards.
3 (Deduction of receivables related to variation margin provided in derivative transactions) - -
4 (Adjustment for the carrying value of securities received in SFT exposures recognized as
- -
assets)
5 (Allowance for impairment losses on such assets in accordance with financial accounting
(83,843,369) (82,141,497)
standards)
6 (Assets already deducted from Core Capital as stipulated in OJK regulations concerning
(17,986,847) (19,441,963)
the minimum capital adequacy requirement for commercial banks)
7 Total asset exposures in the statement of financial position
2,028,423,164 1,967,794,573
Sum of rows 1 to 6
DERIVATIVE TRANSACTION EXPOSURES
8 RC value for all derivative transactions, whether qualified variation margin is provided or a
2,385,112 2,983,457
qualifying netting agreement exists.
9 Add-on amount representing the PFE for all derivative transactions. 5,022,245 5,780,080
10 (Exemption for derivative transaction exposures cleared through a central counterparty
- -
(CCP))
11 Adjustment for the effective notional amount of credit derivatives. - -
12 (Adjustment for the netting of effective notional amounts and reduction of add-ons for
- -
credit derivative sales transactions)
13 Total Derivative Transaction Exposures
7,407,357 8,763,537
Sum of rows 8 to 12
PT Bank Rakyat Indonesia (Persero) Tbk. 371
Page 372
Management Discussion and Analysis
on Bank Performance
Period
No Item
T T-1
(December 2025) (September 2025)
SECURITIES FINANCING TRANSACTION (SFT) EXPOSURES
14 Gross carrying value of SFT assets 29,340,192 42,287,258
15 (Net value between cash liabilities and cash receivables) - -
16 Counterparty credit risk arising from counterparty default related to SFT assets, calculated
1,407,443 1,755,265
based on the current exposure method as stipulated in the Appendix of this OJK Regulation.
17 Exposure as SFT Agent - -
18 Total SFT Exposures
30,747,635 44,042,523
Sum of rows 14 to 17
OFF-BALANCE SHEET TRANSACTION (TRA) EXPOSURES
19 Total commitments and contingent liabilities (gross value before deduction of allowance
214,851,452 218,317,871
for impairment losses)
20 (Adjustment for the amount resulting from the multiplication of commitments or contingent
(91,338,285) (96,390,794)
liabilities by the CCF, net of allowance for impairment losses)
21 (Allowance for impairment losses on TRA in accordance with financial accounting
- (2,348,540)
standards)
22 Total TRA Exposures
123,513,167 119,578,537
Sum of rows 19 to 21
CAPITAL AND TOTAL EXPOSURE
23 Core Capital 301,847,212 305,359,367
24 Total Exposure
2,190,091,323 2,140,179,170
Sum of rows 7, 13, 18, and 22
LEVERAGE RATIO
25 Leverage Ratio value, including the impact of adjustments for the temporary
exclusion of demand deposits with Bank Indonesia to meet the minimum reserve 13.78% 14.27%
requirement (if any)
25.a. Leverage Ratio value, excluding the impact of adjustments for the temporary
exclusion of demand deposits with Bank Indonesia to meet the minimum reserve 13.78% 14.27%
requirement (if any)
26 Minimum Leverage Ratio 3.00% 3.00%
27 Buffer to the Leverage Ratio - -
DISCLOSURE OF AVERAGE VALUES
28 Average value of the gross carrying amount of SFT assets, after adjustment for sale
14.670.096 21.143.629
accounting transactions netted against cash liabilities and cash receivables in SFT
29 End-of-quarter reported value of the gross carrying amount of SFT assets, after adjustment
29.340.192 42.287.258
for sale accounting transactions netted against cash liabilities and cash receivables in SFT
30 Total Exposure, including the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
123.513.167 119.578.537
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
30.a. Total Exposure, excluding the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
123.513.167 119.578.537
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
31 Leverage Ratio value, including the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
13.78% 14.27%
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
31.a. Leverage Ratio value, excluding the impact of adjustments for the temporary exclusion of
demand deposits with Bank Indonesia to meet the minimum reserve requirement (if any),
13.78% 14.27%
incorporating the average value of the gross carrying amount of SFT assets as referred to
in row 28
372 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 373
Annual Report
2025
Credit Risk loans, financing, and investments to total assets; the
composition of loans, financing, and investments
Disclosure of Qualitative Regarding provided to large non-bank debtors excluding related
Counterparty Credit Risk (CCRA) parties; and credit concentration by industry sector.
2. Quality of funding provision and adequacy of reserves
Business Model Reflected in the Bank’s Credit Risk Profile The quality of fund provision is reflected in indicators
Component including: the ratio of low-quality loans, financing, and
The business model for BRI individually is reflected in the investments (LaR/Loan at Risk) to total loans, financing,
parameters/indicators used in assessing the inherent risk and investments; the ratio of non-performing loans,
of credit risk and those used in determining the amount of financing, and investments (NPL) to total loans, financing,
credit risk reserves, which include: and investments; and the adequacy of allowance as
1. Asset Portfolio Composition and Level of Concentration reflected in LaR coverage, NPL coverage, and the
The composition of loans to total assets is maintained amount of Allowance for Impairment Losses (CKPN) on
at approximately 70%, with the maximum loan portfolio loans to total loans.
in a single segment maintained at around 40%. The 3. Fund provision strategy and sources of fund provision
composition of loans to the 25 largest non-bank The strategy for providing funds and the source of the
debtor groups, excluding related parties, is maintained provision of funds is reflected in the annual credit growth
at approximately 20% of total loans. The Bank also target as well as the LDR or Loan to Deposit Ratio target.
establishes credit concentration limits by industry The credit growth target is determined by considering
sector. In the credit risk profile, the number of credit macroeconomic conditions, such as economic growth
concentration limit breaches in specific industry sectors and inflation, as well as the liquidity conditions of the
is maintained at a maximum of three (3) industry sectors. banking industry.
2. Quality of funding provision and adequacy of reserves 4. External factors
The quality of fund provision is reflected in the indicator of Several external factors can influence growth and
low-quality loans (LaR/Loan at Risk) to total loans, which credit quality, including: economic growth, inflation,
is maintained at approximately 10%, and is also monitored consumption levels, export growth, interest rates, gold
by business segment. The ratio of non-performing loans prices and unemployment rates.
(NPL) to total loans is maintained at approximately 3%, and
is also monitored by business segment. The adequacy of Criteria and Approaches Used to Determine Credit Risk
allowance is reflected in the LaR coverage, NPL coverage, Management Policies and Determine Credit Risk Limits
and the amount of Allowance for Impairment Losses 1. The criteria and approaches used by BRI individually
(CKPN) on loans to total loans. LaR coverage is maintained to determine Credit Risk Management policies and
at a minimum range of 50%–55%, while NPL coverage is determine Credit Risk limits are as follows:
maintained at a minimum range of 160%–200%. The preparation of Policies and Procedures must fulfill
3. Fund provision strategy and sources of fund provision the following points:
The fund provision strategy and the sources of fund a. Compliance with rules and regulations.
provision are reflected in the annual loan growth b. Hierarchy and authority
target and the Loan to Deposit Ratio (LDR) target. c. Clear regulatory scope
The determination of loan growth targets takes into d. Directive, applicable and contains elements of
consideration macroeconomic conditions, such as control.
economic growth and inflation, as well as liquidity e. Oriented towards effectiveness and sustainable
conditions in the banking industry. business.
4. External factors
Several external factors may influence loan growth and In extending credit, BRI applies the prudential principle,
credit quality, including economic growth, inflation, which is stipulated in policies and procedures, namely
interest rates, exchange rates, and unemployment rates. the General Credit Policy (Kebijakan Umum Perkreditan/
KUP) as set forth in Decree No. KU.01-DIR/KRD/11/2022,
The business model for BRI on a consolidated basis with and the Credit Implementation Guidelines for each
Subsidiaries is reflected in the parameters/indicators used in business segment, namely Circular Letter No. SE.02-DIR/
assessing the inherent risk of credit risk, including: KRD/01/2025 on Micro Business Credit Implementation
1. Asset portfolio composition and level of concentration Guidelines, Circular Letter No. SE.04-DIR/KRD/01/2024
In measuring concentration risk, Subsidiaries use on SME Business Credit Implementation Guidelines,
several parameters, including: the composition of and Circular Letter No. SE.06-DIR/KRD/07/2025 on
PT Bank Rakyat Indonesia (Persero) Tbk. 373
Page 374
Management Discussion and Analysis
on Bank Performance
Corporate Business Credit Implementation Guidelines. d. Determination of limits is carried out using historical
The key provisions governing credit risk governance data and taking into account the average data and
include the following main principles: standard deviation during the data collection period.
a. Segregation of functions in credit granting, consisting e. As for parameters for which historical data as support
of the Relationship Management (RM) function and is not yet available, they can be determined using
the Credit Risk Management (CRM) function; expert judgment by considering the Bank Business
b. Implementation of the Four Eyes Principle in Plan (RBB), Company Budget Work Plan (RKAP),
exercising credit approval authority, requiring at least external data, expertise, knowledge, experience
two (2) line credit officers in the decision-making possessed by the decision maker and regulatory
process; provisions. applies.
c. Implementation of the Internal Risk Rating System, f. In determining risk limits, in addition to the
as a standard risk assessment framework through considerations above, forward-looking factors may
credit risk scoring and rating; also be taken into account, such as macroeconomic
d. Segregation in the management of non-performing variables, risk issues, and other relevant factors.
loans; and g. The group within the Risk Management Work Unit
e. Implementation of sound financing principles in (SKMR) responsible for this area, together with the
accordance with the Loan Portfolio Guidelines (LPG), Operational Work Unit, formulates and proposes
which consist of Sector Classification (SC), Sector the objects and dimensions of Credit Risk Limits
Acceptance Criteria (SAC), and Sector Limits. to the Board of Directors or the Risk Management
Committee (RMC) for decision and approval.
The implementation of the Bank Credit Policy (KPB),
which consists of the General Credit Policy (KUP) and its 2. Criteria and Approaches used by Financing Companies
implementing provisions, must be aligned with the Bank’s to determine Credit Risk Management policies and
organizational structure; therefore, its implementation shall: determine Credit Risk limits
a. Must be used, implemented and implemented and Management of policies and procedures must meet the
adhered to by all workers related to credit, including following principles:
members of the Board of Commissioners and a. Principle of harmony
Directors, consistently and consistently. b. Principle of suitability of authority
b. This also applies to overseas business units, but the c. Principles of effectiveness and efficiency
implementation can be adjusted to local banking d. Principles of sustainability
regulations. e. Principles of good stewardship and accessibility
c. To be able to support the implementation and
implementation of the KPB, apart from understanding The approach used to determine Credit Risk Management
and complying with the KPB as well as possible, policies is as follows:
every credit officer is also required to: a. Business process approach by developing policies
1). Understand and comply with the implementation and procedures in each business financing process.
guidelines for each business sector as well as b. Risk scoring approach by developing analytical tools
other credit regulations in the field, including based on statistical methods to assess the risk profile
changes. of prospective debtors individually in predicting the
2). Understand and comply with regulations and Probability of Default (PD).
policies from regulators, follow developments c. The process of measuring and calculating corporate
and changes in provisions or regulations as well financing risk is carried out in the form of measuring risk
as all issues related to credit, whether local, profiles and monitoring Risk Appetite Criteria (RAC).
regional, national or international in scope.
Determination of Credit Risk limits is carried out by taking Determination of Credit Risk limits is carried out by taking
into account the following matters: into account the following matters:
a. Credit risk limits are established for business a. Credit risk limits are established for business segments,
segments, industry sectors, customers (debtors) or industry sectors, customers or counterparties,
counterparties, related parties, economic sectors, or related parties, economic sectors, or other forms of
other forms of classification. classification.
b. Credit Risk limits are set at the portfolio level or overall b. Credit Risk limits are determined according to risk
level for all products and activities that have Credit appetite, portfolio, RKAP and applicable regulatory and
Risk exposure including: credit portfolios, securities internal provisions.
transactions, trade finance transactions, and other c. The determination of limits is conducted using historical
products and activities that contain Credit Risk. data, taking into account the average data and standard
c. Credit Risk limit is determined every year according deviation over the observation period. If historical data
to the risk appetite and applicable regulations.
374 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
is not yet available as supporting information, limits i. Margin Policy.
may be determined based on expert judgment, taking j. Tradable shares policy.
into consideration the Corporate Long-Term Plan k. Short Term Warehouse Policy.
(RJPP), the Corporate Work Plan and Budget (RKAP), l. Non-Performing Asset Policy.
external data, as well as the expertise, knowledge, m. Margin Transaction SOP (opening a margin account
and experience available, and applicable regulatory until closing a margin account and extending margin)
provisions. n. SOP for securities trading transactions.
d. In determining risk limits, in addition to the considerations
above, forward-looking factors may also be taken into The implementation of Credit Risk management is
account, such as macroeconomic variables, risk issues, reflected in the following matters:
and other relevant factors. The Board of Directors a. There is due diligence and risk analysis of transactions
approves and signs the determination of risk limits in and products before they are carried out by the Business
the Risk Appetite Statement (RAS) document, which is Division. Due Diligence and risk analysis are carried
subsequently reported to the Shareholders, the Board out by the Business Division and Risk Management
of Commissioners, and the Board of Directors. Division as outlined in the form of a Risk Evaluation
e. In implementing sound financing principles, financing Memorandum (MER) which is the basis for significant
concentration limits are managed through the decision making by the Directors and Commissioners.
preparation of Financing Portfolio Guidelines (LPG), b. Providing credit limits (margin or other financing) to
including limits on heavy equipment mining financing, brokerage customers in accordance with the customer’s
the regulation of the Maximum Financing Limit (BMPP), background, financial profile and transaction history.
and the establishment of Delegation of Financing Approval for granting this limit is based on a matrix
Authority Decisions (PDWP). of authority to grant approval in accordance with
f. Credit risk limits include, among others, limits for predetermined risk appetite and risk tolerance.
financing decision-making authority, which are aligned c. Limitations on shares that can be pledged and
with the competency of the decision-makers and the transacted by brokerage customers. These
level of risk involved, while ensuring that there is no restrictions include:
conflict of interest in the financing process provided to 1) The share value is recognized as the customer’s
customers. This includes the establishment of Financing portfolio value by determining the share haircut
Approval Authority Limits (BWMP), including authority based on regulatory regulations and reassessment
limits for the handling of non-performing financing, as by Risk Management
well as the delegation of financing approval authority in 2) The types of margin shares that may be transacted
accordance with the Company’s policies. are based on the circular issued by the Indonesian
g. Credit Risk Limits are determined, among other things, Exchange every month and the valuation carried
including limits for the authority to make financing out by Risk Management in accordance with the
decisions which are adjusted to decision-making Company’s Risk Appetite.
competence and the level of risk and taking into account 3) Investment Universe (Bond Universe and
that there is no conflict of interest in the financing Equity Universe) is a list of securities that have
process provided to customers, determining Limits of received approval from the Risk Management
Authority to Decide on Financing (BWMP) including Committee (Mortgage) which can be used as
limits on handling authority. problematic financing and underlying assets by the Investment Manager
delegation of authority to decide on financing carried in portfolio management. Bank Universe is a list
out in accordance with company regulations. of Counterparty Banks that have obtained Risk
Management Committee (Mortgage) approval
3. Criteria and Approaches used by Securities Companies which can be used for placing time deposits.
to determine Credit Risk Management policies and Time deposit placement limits at Counterparty
determine Credit Risk limits. The Risk Management Banks are determined by the Risk Management
Policy regulates risk management principles, including: Committee (Mortgage) and are reviewed 2 (two)
a. Risk management policy. times a year.
b. Risk Management Governance.
c. Risk Management Framework. 4. Criteria and Approaches used by Insurance Companies
d. Implementation/Risk Management Process. to determine Credit Risk Management policies and
e. Risk Criteria. determine Credit Risk limits. The Risk Management
f. Risk Management Business Unit. Policy regulates risk management principles, including
g. Approval Authority Policy. compliance with rules and regulations, compliance with
h. Securities Trading Transaction Policy.
PT Bank Rakyat Indonesia (Persero) Tbk. 375
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Management Discussion and Analysis
on Bank Performance
hierarchy and authority, clear regulatory scope, directives 4) Implementation of corrective steps for various
and oriented towards effectiveness and sustainable irregularities in credit discovered by internal audit.
business. Determination of Credit Risk limits is carried b. Ensure that the KPB has been implemented and
out by taking into account the following matters: implemented consistently and consistently.
a. Credit Risk Limits are set for risks related to c. Determine members of the KKP and Credit Committee
reinsurance and investment. (KK).
b. The Credit Risk Limit is determined every year in d. Report regularly to the Board of Commissioners
accordance with the Risk Appetite and applicable regarding developments in the overall quality of the
regulations portfolio and deviations in the implementation of the
c. Determination of risk limits uses one or a combination KPB.
of regulatory, historical, expert judgment methods by
considering the Company’s Business Plan, Company 3. Credit Policy Committee (KKP)
Budget Work Plan (RKAP), etc. The duties and responsibilities of the KKP as a credit
instrument are as follows:
Credit Risk Management Structure and Organization and a. Providing input to the Board of Directors in the
Control Function preparation of the KPB, especially the formulation of
To support healthy credit provision and the implementation prudential principles in credit as regulated in the OJK
of internal control elements from the initial stages of the PPKPB.
activity process, in addition to the relationship between b. Supervise the implementation of the KPB in a
bank officials in credit such as the Board of Commissioners, responsible and sustainable manner.
Directors, other Credit Officials and/or business units, BRI c. Conduct regular KPB reviews
and Bank Subsidiaries and Pegadaian It also has a Credit d. Evaluate the correctness of the implementation of
Policy Committee (KKP) and Credit Committee (KK) which the authority to decide on credit or provide funds,
are BRI’s credit instruments. the process of granting credit or providing funds,
implementation of LLL provisions, allowance for
The duties and responsibilities of each credit instrument in reserves, resolution of problem loans and compliance
general are as follows: with other laws.
1. Board of Commissioners e. Conduct a review of the effectiveness of the credit
The duties and responsibilities of the Board of internal control system.
Commissioners as a credit instrument are as follows: f. Report to the Board of Directors and Board of
a. Approve the RBB which includes: annual credit plan, Commissioners regarding the results of supervision
plan for providing credit to related parties, and credit of the implementation of the KPB and evaluation
to certain large debtors submitted to the OJK. results reports.
b. Supervise the implementation of credit granting g. Monitor the development of the quality of the credit
plans or financing portfolio as a whole.
c. Approve Bank Credit Policy (KPB)
d. Request an explanation and/or accountability from 4. Credit Committee
the Board of Directors for: (KK) The duties and responsibilities of KK as a credit
1) Development and quality of the overall credit instrument are as follows:
portfolio a. Provide credit approval based on competence
2) Corrective steps if the implementation of credit honestly, objectively, carefully and thoroughly.
disbursement deviates from the established b. Refuse requests and/or influence from interested
credit plan. parties in credit applications to provide credit
3) Deviations in the implementation of the KPB. approval which is only a formality.
c. Coordinating with ALCO in aspects of credit funding
2. Board of Directors
The duties and responsibilities of the Board of Directors as 5. Credit Business Unit and Loan
a credit instrument are as follows: Officers Credit Business Units (SKP) are Relationship
a. Prepare and be responsible for: Management (RM) and Credit Risk Management (CRM)
1) Preparation of KPB. ranks located at the Head Office, Regional Offices,
2) Preparation of precredit plans contained in the RBB. Special Branch Offices, Branch Offices, Sub-Branch
3) Implementation of corrective steps based on Offices, BRI Units and BRI Business Units abroad. Loan
evaluation results and suggestions submitted by officers consist of credit line workers and credit support
the Credit Policy Committee (KKP). workers.
376 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
For Financing Companies, based on company accountability, supervision of the Portfolio & Finance Directorate. To realize
the Risk Management Business Unit consists of the Enterprise healthy business activities and implement internal control
Risk Management Section, Operational Risk Management elements, the Company formed a committee for investment
Section, Modeling and Portfolio Management as well as the activities (both deploy/divest).
Policy and Procedures Section. SKMR is responsible for
achieving a healthy financing portfolio, periodically reviewing For Securities Companies, the Risk Management Division is
financing policies and guidelines, delegating authority a Risk Management Unit (SKMR) which is independent of
to decide financing to Credit Risk Management officials operational units and is directly responsible to the Director
in accordance with limits, ratifying Financing Portfolio in charge of the Risk Management Function. In managing
Guidelines and members of the Financing Committee. risks arising from business activities and coordinating all risk
management activities, relevant Executive Committees were
Based on the financing implementation guidelines, the formed, which include, among other things:
organizational structure and financing management are a. The Risk Management Committee is tasked with providing
regulated to support the provision of healthy financing and recommendations to the Board of Directors related to
the implementation of risk management in the financing the preparation/refinement of the Risk Management
business process through: Policy, determination (justification) of matters related to
a. Financing-related work units, consisting of the business decisions that deviate from normal procedures
Relationship Management (RM) function and the Credit (irregularities), determination of policies and procedures,
Risk Management (CRM) function. determination / Investment Universe approval, and
b. The Financing Work Unit and Financing Officers, approval of transaction limits.
consisting of Line Financing Officers and Supporting b. The Investment Committee is tasked with discussing,
Financing Officers. evaluating, recommending and determining the range of
c. The Financing Committee, serving as a collegial investments, investment limits, types of investments and
operational body responsible for conducting the investment strategies that must be implemented by the
evaluation and approval of financing proposals. Investment Management Team.
d. The implementation of a Risk Scoring System by applying c. The Product Committee is tasked with approving product
granular credit risk scoring based on debtor and product formation, evaluating existing products, proposing
criteria. product development/ mergers, and proposing product
e. Strengthening of the collection function through the marketing concepts to the Board of Directors.
enhancement of collection tools and asset management.
For Insurance Companies, to control the growth of Credit
Taking into account the development of Credit Risk and Risk and implement elements of internal control starting
business complexity in Financing Companies with a focus from the early stages of the activity process, in addition to
on Credit Risk management, the suitability of prospective the relationship between officials in Credit Risk such as the
customers is determined through credit scoring, determining Board of Commissioners, Directors, other officials and/or
the level of approval and limits of authority to decide on business units, the Insurance Company has an Investment
financing by the Financing Committee as stated in the Committee.
ULaMM/ULaMM Financing and Operational Policy Sharia and
Mekaar/Mekaar Sharia as well as determining approval level For the Remittance Company, the management of credit
schemes and authority limits to decide on tiered financing. activities is carried out through the credit governance
structure, which consists of the Non-Executive Director,
For Venture Companies, the formation of an Organizational Executive Director, and the Internal Control and Compliance
Structure takes into account the complexity of business Division (ICC). These credit governance bodies are
processes and daily operations. In connection with this, the responsible for ensuring that credit policies, credit approval
Venture Company established a Risk Management Business processes, and the monitoring of credit portfolio quality
Unit which is under the supervision of the Portfolio & Finance are implemented prudently and in accordance with the
Director. The business units in contact with investment applicable regulations.
risk are all divisions under the Investment Directorate and
the Kupang Financing Branch Office which is under the
PT Bank Rakyat Indonesia (Persero) Tbk. 377
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Management Discussion and Analysis
on Bank Performance
The Relationship Between the Functions of Credit Risk Management, Risk Control, Compliance and Internal Audit
Board of Directors and
Board of Commissioners
Active Supervision
Adequacy of Policies,
of the Board of Adequacy of Process & Internal Control
MR Procedures and
Directors and Board MR Information System System
Setting Limits
of Commissioners
Board of Board of Directors’ Committees Risk Taking Unit &
Commissioners Risk Management Committee Policy Making Unit
Oversight Function Identification, Measurement,
Monitoring, and Control
Risk Management Committee
Credit Policy
MR Monitoring Committee Three Lines Model
Committee
1st Line 2nd Line 3rd Line
Credit Risk Strategic Risk
Integrated
Governance Market Risk Compliance Risk Credit Business Unit Risk Unit Independent
Committee Committee Assurance
Internal Audit
Liquidity Risk Reputation Risk Unit
Operation Compliance Unit
Audit
Committee Operational Risk Intragroup Risk
Integrated Risk Risk & Compliance
Risk Taking Unit
Management Control
Legal Risk Insurance Risk Committee
Climate Change Risk ESG Committee Risk Management
Information System
In implementing Credit Risk Management at BRI, the Risk 3. Micro Risk Group, which is responsible for controlling
Management Director oversees the Credit Risk Management credit risk in the micro segment by establishing risk
function as well as the Credit Risk Control Unit. The Credit appetite and managing risk on a portfolio basis.
Risk Management function is part of the Risk Management 4. Corporate Credit Risk Group, which is responsible for
Unit which consists of: controlling credit risk in the corporate segment on a
1. Credit & Product Risk Policy Division plays a role in transactional basis.
preparingcredit policies and preparing the Internal Risk 5. Commercial Credit Risk, which is responsible for
Rating model controlling credit risk in the commercial segment on a
2. Market, Portfolio & Enterprise Risk Group, which is transactional basis.
responsible for formulating risk management policies, 6. Small Medium Enterprise (SME) Credit Risk Analysis
determining credit risk limits, developing the Allowance – Regional Office, which is responsible for controlling
for Impairment Losses (CKPN) model, preparing policies credit risk in the SME segment on a transactional basis.
and calculating Risk-Weighted Assets (RWA) for credit
risk, conducting portfolio monitoring, and performing The Compliance Function is carried out by the Compliance
credit risk stress testing. Group and the Policy & Procedure Group has a role
in formulating policies, preparing Standard Operating
The Credit Risk Control Unit is organized based on business Procedures, and carrying out Compliance Tests to ensure
segments, as follows: that BRI has complied with applicable laws and regulations
1. Small Risk Group, which is responsible for controlling and ensures that business activities do not deviate from laws
credit risk in the small segment by establishing risk and regulations.
appetite and managing risk on both a portfolio and
transactional basis. The Internal Audit Unit as Independent Assurance has
2. Consumer Risk Group, which is responsible for controlling an important role in assessing the effectiveness of the
credit risk in the consumer segment by establishing implementation of credit risk management, both on a
risk appetite and managing risk on both a portfolio and transactional basis and on a portfolio basis. Apart from that,
transactional basis. Internal Audit Unit is also a member of the Credit Policy
378 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Committee so that recommendations from audit results are Audit Unit of BRI Ventures which functions as internal control
part of improving credit policy. and third line of defense in implementing company risk
management. Internal Audit Unit of BRI Ventures contributes
Within the Subsidiaries, the implementation of the second to providing support for internal control and fraud indication.
line and third line in accordance with the Three Lines Internal Audit Unit of BRI Ventures also periodically carries
Model framework is aligned with business needs and the out risk based audits. In its implementation, the audit process
operational complexity reflected in the organizational is also monitored by the BRI Internal Audit Unit team offsite.
structure of each Subsidiary. For the Banking, Pawnshop, If necessary, the BRI Internal Audit Unit team can carry out
and Financing Company Subsidiaries, the risk management ad-hoc joint audits. This is aimed at maintaining operational
function plays a role in monitoring and controlling risks on an efficiency at BRI Ventura without reducing the quality of audit
aggregate basis, as well as formulating credit risk policies and results.
methodologies. The management of non-performing loans
(classified as Substandard, Doubtful, and Loss) is carried For the Remittance Company, the Division Head of Internal
out by the Credit Risk Management (CRM) function or by Control and Compliance (ICC) oversees the Policy and Risk
designated personnel within the Relationship Management function, which also serves as the credit risk control unit.
(RM) function responsible for handling problematic loans. In The Division Head of ICC also supervises the compliance
addition, the compliance function ensures the implementation function, carried out by the Compliance Officer, as well as
of due diligence in credit approval through the decisions of the Anti-Money Laundering (AML) function, performed by
the credit committee, while the Internal Audit Unit ensures the Money Laundering Reporting Officer. These functions
that credit granting activities comply with sound lending are responsible for formulating policies and conducting
principles and are conducted in accordance with the credit compliance testing to ensure that BGF’s business activities
policies and credit implementation guidelines. are in accordance with the applicable laws and regulations.
In addition, the Internal Auditor, as part of the independent
For Insurance Companies, the Risk Management function has assurance function, plays a role in assessing the effectiveness
the responsibility and authority to manage the preparation/ of the implementation of credit risk management, both on
evaluation/refinement of risk management plans and a transactional and portfolio basis. The Internal Auditor
strategies as well as policies, methodologies, guidelines for reports administratively to the Division Head of ICC, while
risk management tools and measurements. The Compliance maintaining direct access to the Executive Director for the
Function has the responsibility and authority to manage and submission of audit results.
evaluate activities, operational activities, Company policies
and guidelines that are adequate in accordance with legal Scope and Main Information from Reporting on Credit
and regulatory provisions, as well as managing all Regulatory Risk Exposure and Credit Risk Management Functions to
policies implemented in each Business Unit. The Internal the Board of Directors and Board of Commissioners
Audit function has the responsibility and authority to carry BRI’s Risk Management Unit and all Subsidiary Companies
out internal audit activities in the form of Assurance services in charge of credit risk prepare risk management reports in
and consulting services as a Strategic Business Partner for a format that complies with applicable regulations, both on a
the company’s business processes. In controlling the growth consolidated and integrated basis. Credit risk management
of credit risk and implementing internal control elements reporting to the Board of Directors, Board of Commissioners
starting at the initial stage of the activity process, in addition and certain parties, including:
to the relationship between officials in credit risk such as a. Individual and Consolidated Bank Risk Profile and Health
the Board of Commissioners, Directors, other officials and/ Level Reports
or divisions, an Investment Committee is also formed to b. Allowance for Impairment Losses and ATMR reports for
determine investment policy and investment decisions to Credit Risk
related parties and third parties with a certain nominal value c. Loan growth progress report
and time period. d. Loan quality development report
e. Report on the development of restructured credit
For Venture Companies, the investment risk management f. Report on the use of the write-off budget (PH) and the
function is divided into two parts, namely before the realization of recovery income
investment is made (investment risk management) and after g. Monitoring reports on Allowance for Impairment Losses
the investment is made (portfolio risk management). At the costs and reserve ratios, for example NPL Coverage and
pre-investment stage, the investment team coordinates with LAR Coverage
the risk management, compliance and legal departments to h. Credit Risk Stress Test Results both in portfolio and for
ensure that all investment stages are compliant. Apart from large customers
the Risk Management Unit of BRI Ventures, there is a Internal
PT Bank Rakyat Indonesia (Persero) Tbk. 379
Page 380
Management Discussion and Analysis
on Bank Performance
Disclosure of Credit Quality on Assets (CR1)
BRI Individually
(in IDR million)
Gross Carriying Value CKPN
CKPN
Claims Net Worth
CKPN (IRB
That Have Stage 2 and (a+b-c)
Description Impaired Bills Stage 1 Approach)
Been Stage 3
Due
a b c d e f g
1 Loans 130,162,472 1,212,511,241 72,903,722 54,973,164 17,930,558 1,269,769,991
2 Securities - 320,880,955 89,420 - 89,420 320,791,535
Administrative
3 3,373,909 211,361,870 1,945,252 1,282,207 663,045 212,790,527
Account Transactions
Total 133,536,381 1,744,754,066 74,938,393 56,255,371 18,683,022 1,803,352,054
BRI Consolidated with Subsidiaries
(in IDR million)
Gross Carriying Value CKPN
CKPN
Claims Net Worth
CKPN (IRB
That Have Stage 2 and (a+b-c)
Description Impaired Bills Stage 1 Approach)
Been Stage 3
Due
a b c d e f g
1 Loans 133,618,869 1,327,110,547 79,328,619 60,555,221 18,773,398 1,381,400,798
2 Securities - 372,732,801 89,519 - 89,519 372,643,283
Administrative
3 3,374,131 211,477,321 1,946,135 1,282,209 663,926 212,905,317
Account Transactions
Total 136,993,001 1,911,320,669 81,364,273 61,837,429 19,526,843 1,966,949,397
Additional Disclosures
Past due receivables represent all receivables that have been overdue for more than 90 (ninety) days, whether related to
principal payments and/or interest payments, or receivables from debtors in default.
Disclosure of Mutations In Credits and Mate Securities (CR2)
BRI Individually
(in IDR million)
a
1 Loans and Securities that have matured in the last reporting period 130,588,006
2 Loans and Securities that have matured in the last reporting period 41,937,523
3 Loans and Securities that return to bills that have not yet matured 10,330,938
4 Write-off value 20,434,910
5 Other change (11,597,209)
6 Loan and Securities that have matured at the end of the reporting period (1+2-3-4+5) 130,162,472
380 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 381
Annual Report
2025
BRI Consolidated with Subsidiaries
(in IDR million)
a
1 Loans and Securities that have matured in the last reporting period 133,734,322
2 Loans and Securities that have matured in the last reporting period 43,877,322
3 Loans and Securities that return to bills that have not yet matured 36,480,103
4 Write-off value 20,790,018
5 Other change 13,278,354
6 Loan and Securities that have matured at the end of the reporting period (1+2-3-4+5) 133,619,877
Additional Disclosures
Additional Disclosures Regarding the Quality of basic view (base case) is used in strategic planning and
Credit on Assets (CRB) budgeting. The other scenarios reflect more optimistic
outcomes and more pessimistic outcomes.
QUALITATIVE
b. Measurement of Expected Loan Losses
Scope and Definition of Matured Claims and Impaired The main inputs in measuring expected loan losses are
Claims the following variables:
Past due receivables represent all receivables that have • Probability of Default (PD)
been overdue for more than 90 (ninety) days, whether • Loss of Given Default (LGD)
related to principal and/or interest payments, or receivables • Exposure at Default (EAD)
from debtors in default. Impaired receivables represent
receivables that have experienced a condition in which a loss These parameters generally come from internally
event (objective evidence) has occurred as a result of one developed statistical models and other historical data.
or more events that took place after the credit was granted, These parameters are adjusted to reflect forward-
which adversely affects the debtor’s ability to meet future looking information.
payment obligations. All receivables that have been overdue
for more than 90 (ninety) days are classified as impaired The PD estimate is an estimate as of a specific date,
receivables. calculated based on a statistical rating model, and
assessed using ratings adjusted for various categories
Input, Assumptions, and Techniques Used In of debtor and exposure. This statistical model is based
Estimation of Value Impairment on internally compiled data consisting of quantitative,
a. Use of forward-looking information qualitative factors and forward-looking estimates. LGD is
The Bank uses forward-looking information in assessing the amount of loss if a payment default occurs.
whether there has been a significant increase in Credit
Risk and measuring expected Loan losses. Based on LGD parameters are estimated historically based on the
advice from the Risk Management Committee, economic recovery rate of claims against defaulting debtors. LGD
experts and consideration of various actual information is also observed by considering cash collateral which is
and external estimates, the Bank formulates a basic an integral part of the outstanding financial assets as well
view (base case) regarding the movement of relevant as costs incurred in the recovery process.
economic variables in the future as well as estimates of
other scenarios that may occur. This process involves EAD represents the estimated exposure in the event of
developing two or more additional economic scenarios default. The EAD of a financial asset is the gross carrying
and considering the relative probabilities of possible amount. For loan commitments and financial guarantees,
outcomes. External information includes economic data the EAD includes the amount that has been drawn, as well
and forecasts published by, such as government bodies as the potential future amount to be drawn, estimated
and selected private sector analysts and academics. The based on historical observations.
PT Bank Rakyat Indonesia (Persero) Tbk. 381
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Management Discussion and Analysis
on Bank Performance
QUANTITATIVE
Disclosure of Net Claims by Region
BRI Individually
December 31, 2025
Net Bills By Region
No Portfolio Category
Kalimantan & Bali & Nusa Eastern
Jakarta
Sulawesi Tenggara Indonesia
a b c d e f
1 Claims against Government 296,401,489 - - -
2 Claims against Public Sector Entities 162,363,195 11,134 6,072 118
Claims against Multilateral Development
3 - - - -
Banks and International Institutions
4 Claims against Banks 95,619,022 1,151 - -
5 Claims on Covered Bonds - - - -
Claims to Securities Companies and
6 4,123,403 49 - -
Other Financial Services Institutions
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 7,606,390 - - -
Other Capital Instruments
8 Residential Property Secured Loans 14,858,788 28,672,021 10,590,079 5,399,902
9 Commercial Property Secured Loans 5,872,231 5,891,403 2,154,762 1,492,878
Loan for Land Acquisition, Land
10 6,540,432 388,553 101,464 119,989
Processing and Construction
11 Employee or Pensioner Loan 10,122,804 36,595,443 11,681,293 13,069,430
Claims to Micro Businesses, Small
12 106,782,476 84,543,349 32,241,518 12,035,500
Businesses and Retail Portfolios
13 Bills on Corporations 192,468,530 14,867,873 3,825,452 1,866,275
14 Claims That Have Been Due Date 13,344,132 11,287,970 3,380,890 2,052,873
15 Other Assets 28,569,230 16,516,243 2,814,183 8,345,278
TOTAL 944,672,122 198,775,189 66,795,713 44,382,243
382 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 383
Annual Report
2025
(in IDR million)
December 31, 2025
Net Bills By Region
Central Java and
West Java East Java Sumatera Other Total
DIY
g h i j k l
- - - - - 296,401,489
146,086 24,794 679,897 87,225 1,174,438 164,492,959
- - - - - -
376 - 2,148 18 - 95,622,715
- - - - - -
5,105 - - - - 4,128,557
- - - - - 7,606,390
22,246,824 22,454,646 24,349,417 33,165,491 341,030 162,078,198
5,986,083 3,309,101 6,237,483 8,984,331 18,739 39,947,011
357,272 143,128 935,031 986,455 - 9,572,324
18,940,176 10,791,466 12,370,149 27,706,675 2,012 141,279,448
59,016,460 71,098,295 67,171,527 102,035,071 17,301,973 552,226,169
13,900,813 5,633,933 16,075,747 18,693,251 34,000,738 301,332,612
13,944,682 10,898,248 9,517,845 10,157,611 2,097,854 76,682,105
7,254,034 18,564,712 12,333,013 953,061 9,575,233 104,924,987
141,797,911 142,918,323 149,672,257 202,769,189 64,512,017 1,956,294,964
PT Bank Rakyat Indonesia (Persero) Tbk. 383
Page 384
Management Discussion and Analysis
on Bank Performance
December 31, 2024
Net Bills By Region
No Portfolio Category
Kalimantan & Bali & Nusa Eastern
Jakarta
Sulawesi Tenggara Indonesia
a b c d e f
1 Claims against Government 359,596,614 - - -
2 Claims against Public Sector Entities 105,508,957 18,967 8,911 1,121
Claims against Multilateral Development
3 - - - -
Banks and International Institutions
4 Claims against Banks 75,219,980 19,713 - -
5 Claims on Covered Bonds - - - -
Claims to Securities Companies and
6 4,384,708 - 102 -
Other Financial Services Institutions
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 6,546,863 - - -
Other Capital Instruments
8 Residential Property Secured Loans 13,328,406 24,296,110 9,457,243 4,663,371
9 Commercial Property Secured Loans 5,283,651 5,710,039 2,513,863 1,697,039
Loan for Land Acquisition, Land
10 4,023,501 423,218 84,108 166,903
Processing and Construction
11 Employee or Pensioner Loan 9,546,635 36,961,253 11,687,475 11,771,509
Claims to Micro Businesses, Small
12 82,415,337 82,681,127 31,917,738 12,629,579
Businesses and Retail Portfolios
13 Bills on Corporations 144,473,718 14,616,741 3,389,286 1,599,228
14 Claims That Have Been Due Date 14,326,811 10,296,141 4,086,178 1,755,929
15 Other Assets 42,864,463 9,932,017 4,509,046 3,495,394
TOTAL 867,519,643 184,955,327 67,653,950 37,780,073
BRI Consolidated with Subsidiaries
December 31, 2025
Net Bills By Region
No Portfolio Category
Kalimantan & Bali & Nusa Eastern
Jakarta
Sulawesi Tenggara Indonesia
a b c d e f
1 Claims against Government 302,047,966 - - -
2 Claims against Public Sector Entities 162,500,310 11,134 6,072 118
Claims against Multilateral Development
3 - - - -
Banks and International Institutions
4 Claims against Banks 101,323,474 154,692 56,867 -
384 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 385
Annual Report
2025
(in IDR million)
December 31, 2024
Net Bills By Region
Central Java and
West Java East Java Sumatera Other Total
DIY
g h i j k l
- - - - 5,976,532 365,573,146
413,180 53,861 623,845 95,041 1,925,649 108,649,531
- - - - - -
3,003 - 11,170 - 204,667 75,458,533
- - - - - -
16,449 - 14 - 9,936 4,411,209
- - - - - 6,546,863
18,918,012 19,908,001 21,448,004 28,055,607 322,320 140,397,074
6,281,702 3,061,311 6,438,363 8,795,541 18,632 39,800,141
520,343 210,906 664,805 1,191,659 - 7,285,443
19,023,291 10,749,161 12,604,073 26,538,550 943 138,882,889
61,242,061 74,909,268 70,443,459 97,111,812 39,603,028 552,953,409
14,173,023 6,853,097 13,404,786 14,258,667 27,213,693 239,982,238
13,586,134 9,990,854 8,589,568 9,108,966 1,808,176 73,548,756
7,645,609 7,788,429 6,332,523 11,280,768 2,319,402 96,167,651
141,822,806 133,524,888 140,560,609 196,436,611 79,402,979 1,849,656,885
(dalam jutaan rupiah)
December 31, 2025
Net Bills By Region
Central Java and
West Java East Java Sumatera Other Total
DIY
g h i j k l
- - - - - 302,047,966
146,086 24,794 679,897 87,225 1,174,438 164,630,075
- - - - - -
40,183 51,180 64,702 91,005 5,687 101,787,790
PT Bank Rakyat Indonesia (Persero) Tbk. 385
Page 386
Management Discussion and Analysis
on Bank Performance
December 31, 2025
Net Bills By Region
No Portfolio Category
Kalimantan & Bali & Nusa Eastern
Jakarta
Sulawesi Tenggara Indonesia
a b c d e f
5 Claims on Covered Bonds - - - -
Claims to Securities Companies and
6 4,123,403 49 - -
Other Financial Services Institutions
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 8,905,851 8,331 3,086 -
Other Capital Instruments
8 Residential Property Secured Loans 14,939,829 28,678,819 10,590,079 5,399,902
9 Commercial Property Secured Loans 5,879,504 5,896,691 2,154,762 1,492,878
Loan for Land Acquisition, Land
10 6,815,832 388,553 101,464 119,989
Processing and Construction
11 Employee or Pensioner Loan 10,122,976 36,595,443 11,681,293 13,069,430
Claims to Micro Businesses, Small
12 134,928,571 124,032,672 47,412,184 12,300,092
Businesses and Retail Portfolios
13 Bills on Corporations 197,400,028 15,303,060 3,993,195 1,866,275
14 Claims That Have Been Due Date 14,098,281 11,651,726 3,507,596 2,052,873
15 Other Assets 41,312,415 23,488,829 5,396,623 8,345,278
TOTAL 1,004,398,439 246,209,999 84,903,219 44,646,835
December 31, 2024
Net Bills By Region
No Portfolio Category
Kalimantan & Bali & Nusa Eastern
Jakarta
Sulawesi Tenggara Indonesia
a b c d e f
1 Claims against Government 365,136,429 - - -
2 Claims against Public Sector Entities 105,622,866 18,967 8,911 1,121
Claims against Multilateral Development
3 - - - -
Banks and International Institutions
4 Claims against Banks 80,916,509 115,334 24,821 -
5 Claims on Covered Bonds - - - -
Claims to Securities Companies and
6 4,384,708 - 102 -
Other Financial Services Institutions
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 8,238,877 6,756 1,754 -
Other Capital Instruments
8 Residential Property Secured Loans 13,427,735 24,303,851 9,457,243 4,663,371
386 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 387
Annual Report
2025
December 31, 2025
Net Bills By Region
Central Java and
West Java East Java Sumatera Other Total
DIY
g h i j k l
- - - - - -
5,105 - - - 772,233 4,900,790
2,160 2,777 3,394 4,937 309 8,930,844
22,252,831 22,460,658 24,371,676 33,266,883 341,030 162,301,706
5,986,083 3,309,101 6,238,483 9,025,315 18,741 40,001,557
357,272 143,128 944,588 1,001,470 - 9,872,296
18,940,176 10,791,466 12,370,149 27,707,616 2,012 141,280,561
76,745,920 88,584,102 88,932,076 136,721,962 20,666,368 730,323,947
14,013,247 5,853,720 16,423,167 19,222,636 34,015,234 308,090,560
14,041,427 11,026,543 9,681,311 10,497,874 2,110,508 78,668,140
9,061,742 20,888,907 15,173,696 5,084,964 10,340,430 139,092,882
161,592,233 163,136,375 174,883,139 242,711,886 69,446,989 2,191,929,114
(dalam jutaan rupiah)
December 31, 2024
Net Bills By Region
Central Java and
West Java East Java Sumatera Other Total
DIY
g h i j k l
- - - - 5,976,532 371,112,961
413,180 53,861 623,845 95,041 1,925,649 108,763,440
- - - - - -
28,329 30,687 49,045 55,051 205,624 81,425,399
- - - - - -
16,449 - 14 - 475,047 4,876,320
1,790 2,168 2,676 3,890 67 8,257,979
18,923,520 19,916,521 21,472,688 28,185,376 322,320 140,672,625
PT Bank Rakyat Indonesia (Persero) Tbk. 387
Page 388
Management Discussion and Analysis
on Bank Performance
December 31, 2024
Net Bills By Region
No Portfolio Category
Kalimantan & Bali & Nusa Eastern
Jakarta
Sulawesi Tenggara Indonesia
a b c d e f
9 Commercial Property Secured Loans 5,292,032 5,716,216 2,513,863 1,697,039
Loan for Land Acquisition, Land
10 4,327,245 423,218 84,108 166,903
Processing and Construction
11 Employee or Pensioner Loan 9,546,751 36,961,253 11,687,475 11,771,509
Claims to Micro Businesses, Small
12 101,980,403 112,668,554 41,020,346 12,889,185
Businesses and Retail Portfolios
13 Bills on Corporations 148,914,891 14,902,775 3,455,466 1,599,228
14 Claims That Have Been Due Date 15,390,299 10,525,174 4,139,403 1,756,041
15 Other Assets 53,783,206 15,145,420 5,862,353 3,495,394
TOTAL 916,961,951 220,787,519 78,255,847 38,039,791
Additional Disclosure
Disclosure of Net Bills By Economic Sector
BRI Individually
Receivables
Claims against
Claims in the form of
Multilateral The bill is in Securities/
Claims against Claims
Development the form of Subordinated
No. Economic Sector against Public against
Banks and a Covered Receivables,
Government Sector Banks Equity and
International Bond
Entities Other Capital
Institutions Instruments
a b c d e f g h
DECEMBER 31, 2025
1 Agriculture, Forestry and Fisheries - 7,338,518 - - - -
2 Mining and excavation - 1,970,520 - - - -
3 Processing industry - 3,585,843 - - - -
Procurement of Electricity, Gas, Steam/
4 - 32,042,046 - - - -
Hot Water and Cold Air
Water Management, Waste Water
5 Management, Waste Management and - - - - - -
Recycling and Remediation Activities
6 Construction - 57,269,598 - - - -
Wholesale and Retail Trade; Car and
7 - 25,241,847 - - - -
Motorcycle Repair and Maintenance
8 Transportation and Warehousing - 8,364,090 - - - -
Provision of accommodation and provision
9 - 42,997 - - - -
of food and drink
388 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 389
Annual Report
2025
December 31, 2024
Net Bills By Region
Central Java and
West Java East Java Sumatera Other Total
DIY
g h i j k l
6,281,702 3,061,311 6,445,879 8,852,027 18,632 39,878,701
520,343 210,906 672,264 1,201,659 - 7,606,646
19,023,291 10,749,161 12,604,073 26,540,147 943 138,884,602
77,672,728 88,846,486 88,707,862 126,013,344 41,665,898 691,464,806
14,247,161 6,999,048 13,564,593 14,566,797 27,216,064 245,466,023
13,642,616 10,068,847 8,697,170 9,374,942 1,810,361 75,404,854
9,026,440 9,461,524 8,397,510 14,282,233 3,001,430 122,455,510
159,797,549 149,400,520 161,237,619 229,170,506 82,618,566 2,036,269,867
(in IDR million)
Receivables Bills on
Loan for
in the form of Micro
Securities/ Residential Commercial Land
Employee or Businesses, Claims That
Subordinated Property Property Acquisition, Bills on
Pensioner Small Have Been Other Assets
Receivables, Secured Secured Processing Corporations
Equity and Loan Businesses Due Date
Loans Loans and
Other Capital and Retail
Construction
Instruments Portfolio
i j k l m n o p q
- 17,984,801 3,943,269 35,589 76,718 147,260,053 34,236,281 11,348,683 -
- 1,462,771 320,729 44,546 1,685 20,006,835 11,500,560 360,320 -
- 11,121,997 4,606,752 1,170,133 14,953 68,235,985 32,174,946 5,367,948 -
- 435,876 99,235 1,157,688 155 10,751,048 11,709,039 229,705 -
- 271,456 43,114 - 853 441,264 71,737 106,588 -
- 6,818,104 1,227,075 4,188,794 1,018 920,427 3,810,776 2,657,130 -
- 83,050,965 21,975,421 314,838 157,476 153,796,433 32,807,859 33,764,641 -
- 1,926,940 467,154 3,488 8,950 4,266,994 12,528,234 1,111,235 -
- 3,887,408 1,524,028 4,972 21,586 10,835,831 1,396,689 2,058,956 -
PT Bank Rakyat Indonesia (Persero) Tbk. 389
Page 390
Management Discussion and Analysis
on Bank Performance
Receivables
Claims against
Claims in the form of
Multilateral The bill is in Securities/
Claims against Claims
Development the form of Subordinated
No. Economic Sector against Public against
Banks and a Covered Receivables,
Government Sector Banks Equity and
International Bond
Entities Other Capital
Institutions Instruments
a b c d e f g h
10 Information and Communication - 260,686 - - - -
11 Financial and Insurance Activities - 15,010,627 - 94,915,562 - 3,694,737
12 Real Estate - - - - - -
Professional, Scientific and Technical
13 - - - - - -
Activities
Rental and Leasing Activities Without
14 Option Rights, Employment, Travel Agents - 255 - - - -
and Other Business Support
Government Administration, Defense and
15 296,401,489 - - - - -
Mandatory Social Security
16 Education - - - - - -
Human Health Activities and Social
17 - 109,073 - - - -
Activities
18 Arts, Entertainment and Recreation - - - - - -
19 Other Service Activities - 12,949,405 - - - -
Household Activities as an Employer;
Activities that produce goods and services
20 - - - - - -
by households that are used to meet their
own needs
Activities of International Agencies and
21 - - - - - -
Other Extra International Agencies
22 Household - - - - - -
23 Non Other Business Fields - - - - - -
24 Other - 307,453 - 707,153 - 433,820
Total 296,401,489 164,492,959 - 95,622,715 - 4,128,557
Receivables
Claims against in the form of
Claims Multilateral The bill is in Securities/
Claims Claims
against Development the form of Subordinated
No. Economic Sector against against
Public Sector Banks and a Covered Receivables,
Government Banks Equity and
Entities International Bond
Other Capital
Institutions Instruments
a b c d e f g h
DECEMBER 31, 2024
1 Agriculture, Forestry and Fisheries - 6,938,020 - - - -
2 Mining and excavation - 5,520,474 - - - -
3 Processing industry - 8,602,007 - - - -
Procurement of Electricity, Gas, Steam/
4 - 27,242,022 - - - -
Hot Water and Cold Air
Water Management, Waste Water
5 Management, Waste Management and - - - - - -
Recycling and Remediation Activities
6 Construction - 15,012,225 - - - -
390 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 391
Annual Report
2025
Receivables Bills on
Loan for
in the form of Micro
Securities/ Residential Commercial Land
Employee or Businesses, Claims That
Subordinated Property Property Acquisition, Bills on
Pensioner Small Have Been Other Assets
Receivables, Secured Secured Processing Corporations
Equity and Loan Businesses Due Date
Loans Loans and
Other Capital and Retail
Construction
Instruments Portfolio
i j k l m n o p q
- 540,906 124,350 - 506 261,465 174,515 153,128 -
7,606,390 197,244 120,794 - 267 247,624 32,063,072 39,210 -
- 945,059 625,974 25,453 7,126 3,002,345 1,607,211 399,440 -
- 451,831 70,603 1,367 87 127,560 206,246 73,310 -
- 1,961,298 457,535 27,841 6,311 2,075,111 2,394,427 598,553 -
- 4,033 3,151 1,406 - 3,322 139,147 354 -
- 212,971 251,397 - 982 274,653 448,529 77,068 -
- 1,198,465 1,266,181 758 4,589 791,047 2,535,986 307,780 -
- 151,885 40,016 - 477 250,513 858,401 158,196 -
- 5,850,178 1,397,438 2,595,451 4,700,510 47,198,749 23,817,286 10,198,215 -
- 198,985 22,700 - 1,165 261,728 93,560 112,522 -
- - - - - 78 - - -
- 23,376,607 1,348,492 - 136,272,077 77,698,345 30,167,348 7,544,085 -
- - - - 1,931 385 834 - -
- 28,419 11,601 - 27 3,518,377 66,589,931 15,039 104,924,987
7,606,390 162,078,198 39,947,010 9,572,324 141,279,447 552,226,170 301,332,612 76,682,106 104,924,987
(in IDR million)
Receivables Loan for Bills on Micro
in the form of
Securities/ Residential Commercial Land Businesses,
Employee or Claims That
Subordinated Property Property Acquisition, Small Bills on
Pensioner Have Been Other Assets
Receivables, Secured Secured Processing Businesses Corporations
Equity and Loan Due Date
Loans Loans and and Retail
Other Capital Construction Portfolio
Instruments
i j k l m n o p q
- 15,508,256 3,293,699 131,800 75,410 138,099,822 23,230,807 9,648,170 -
- 1,070,442 371,901 6,251 2,096 17,946,103 13,017,954 240,134 -
- 9,571,378 4,665,857 1,548,850 20,573 65,190,581 24,967,943 5,078,041 -
- 443,074 109,662 993 1,009 7,770,697 7,252,440 227,020 -
- 311,209 101,102 - 1,402 428,472 56,555 84,228 -
- 5,895,959 1,207,951 4,228,023 1,074 907,371 6,787,964 3,442,002 -
PT Bank Rakyat Indonesia (Persero) Tbk. 391
Page 392
Management Discussion and Analysis
on Bank Performance
Receivables
Claims against in the form of
Claims Multilateral The bill is in Securities/
Claims Claims
against Development the form of Subordinated
No. Economic Sector against against
Public Sector Banks and a Covered Receivables,
Government Banks Equity and
Entities International Bond
Other Capital
Institutions Instruments
a b c d e f g h
Wholesale and Retail Trade; Car and
7 - 19,436,659 - - - -
Motorcycle Repair and Maintenance
8 Transportation and Warehousing - 7,908,364 - - - -
Provision of accommodation and provision
9 - 67,969 - - - -
of food and drink
10 Information and Communication - 1,485,373 - - - -
11 Financial and Insurance Activities - 9,701,795 - 75,458,532 - 4,411,210
12 Real Estate - 60,135 - - - -
Professional, Scientific and Technical
13 - - - - - -
Activities
Rental and Leasing Activities Without
14 Option Rights, Employment, Travel Agents - - - - - -
and Other Business Support
Government Administration, Defense and
15 365,573,146 - - - - -
Mandatory Social Security
16 Education - - - - - -
Human Health Activities and Social
17 - - - - - -
Activities
18 Arts, Entertainment and Recreation - - - - - -
19 Other Service Activities - 4,264,057 - - - -
Household Activities as an Employer;
Activities that produce goods and services
20 - - - - - -
by households that are used to meet their
own needs
Activities of International Agencies and
21 - - - - - -
Other Extra International Agencies
22 Household - - - - - -
23 Non Other Business Fields - - - - - -
24 Other - 2,410,431 - - - -
Total 365,573,146 108,649,533 - 75,458,532 - 4,411,210
BRI Consolidated with Subsidiaries
Receivables
Claims against
Claims in the form of
Multilateral The bill is in Securities/
Claims against Claims
Development the form of Subordinated
No. Economic Sector against Public against
Banks and a Covered Receivables,
Government Sector Banks Equity and
International Bond
Entities Other Capital
Institutions Instruments
a b c d e f g h
DECEMBER 31, 2025
1 Agriculture, Forestry and Fisheries - 7,338,518 - - - -
2 Mining and excavation - 1,970,520 - - - -
3 Processing industry - 3,585,843 - - - -
392 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 393
Annual Report
2025
Receivables Loan for Bills on Micro
in the form of
Securities/ Residential Commercial Land Businesses,
Employee or Claims That
Subordinated Property Property Acquisition, Small Bills on
Pensioner Have Been Other Assets
Receivables, Secured Secured Processing Businesses Corporations
Equity and Loan Due Date
Loans Loans and and Retail
Other Capital Construction Portfolio
Instruments
i j k l m n o p q
- 81,304,788 23,732,070 85,620 185,505 171,797,824 25,159,864 32,546,974 -
- 1,971,768 433,703 840 10,882 4,788,134 8,871,216 1,161,683 -
- 3,398,641 1,442,873 373 21,828 12,129,745 1,499,019 2,091,776 -
- 586,007 146,323 873 374 244,409 678,363 66,704 -
6,546,863 137,862 121,882 353,823 170 219,615 12,658,651 32,630 -
- 897,215 588,753 48,526 10,439 2,078,092 352,149 406,754 -
- 329,298 65,672 993 241 123,073 85,006 74,744 -
- 1,700,237 435,816 21,166 6,948 2,099,206 1,661,757 543,636 -
- 644 3,528 2,006 98 4,481 201,713 827 -
- 198,957 186,034 - 791 258,847 254,050 65,964 -
- 920,001 667,244 4,608 5,647 855,608 1,356,329 198,076 -
- 183,311 41,332 - 772 326,583 622,092 258,663 -
- 5,479,149 1,463,194 830,666 4,533,912 45,076,014 30,370,346 9,634,046 -
- 216,734 43,235 - 941 303,864 77,791 114,165 -
- - - - - 166 - - -
- 9,767,666 492,050 - 133,517,376 75,470,712 29,888,288 6,799,090 -
- - - - 1,668 495 175 - -
- 504,478 186,260 20,031 483,734 6,833,492 50,931,765 833,430 96,167,651
6,546,863 140,397,074 39,800,141 7,285,442 138,882,890 552,953,408 239,982,238 73,548,757 96,167,651
(in IDR million)
Receivables Bills on
Loan for
in the form of Micro
Securities/ Residential Commercial Land
Employee or Businesses, Claims That
Subordinated Property Property Acquisition, Bills on
Pensioner Small Have Been Other Assets
Receivables, Secured Secured Processing Corporations
Equity and Loan Businesses Due Date
Loans Loans and
Other Capital and Retail
Construction
Instruments Portfolio
i j k l m n o p q
- 17,992,569 3,946,324 35,589 76,718 160,029,893 35,592,750 11,611,996 0
- 1,463,163 320,729 44,546 1,685 20,058,767 11,555,391 361,536 0
- 11,134,227 4,609,738 1,170,133 14,953 69,910,580 32,765,569 5,397,868 0
PT Bank Rakyat Indonesia (Persero) Tbk. 393
Page 394
Management Discussion and Analysis
on Bank Performance
Receivables
Claims against
Claims in the form of
Multilateral The bill is in Securities/
Claims against Claims
Development the form of Subordinated
No. Economic Sector against Public against
Banks and a Covered Receivables,
Government Sector Banks Equity and
International Bond
Entities Other Capital
Institutions Instruments
a b c d e f g h
Procurement of Electricity, Gas, Steam/
4 - 32,042,046 - - - -
Hot Water and Cold Air
Water Management, Waste Water
5 Management, Waste Management and - - - - - -
Recycling and Remediation Activities
6 Construction - 57,269,598 - - - -
Wholesale and Retail Trade; Car and
7 - 25,241,847 - - - -
Motorcycle Repair and Maintenance
8 Transportation and Warehousing - 8,364,090 - - - -
Provision of accommodation and provision
9 - 42,997 - - - -
of food and drink
10 Information and Communication - 260,686 - - - -
11 Financial and Insurance Activities 494,569 15,010,627 - 99,880,116 - 3,694,737
12 Real Estate - - - - - -
Professional, Scientific and Technical
13 - - - - - -
Activities
Rental and Leasing Activities Without
14 Option Rights, Employment, Travel Agents - 255 - - - -
and Other Business Support
Government Administration, Defense and
15 296,401,489 - - - - -
Mandatory Social Security
16 Education - - - - - -
Human Health Activities and Social
17 - 109,073 - - - -
Activities
18 Arts, Entertainment and Recreation - - - - - -
19 Other Service Activities - 12,949,405 - - - -
Household Activities as an Employer;
Activities that produce goods and services
20 - - - - - -
by households that are used to meet their
own needs
Activities of International Agencies and
21 - - - - - -
Other Extra International Agencies
22 Household - - - - - -
23 Non Other Business Fields - - - - - -
24 Other 5,151,908 444,568 - 1,907,674 - 1,206,053
Total 302,047,966 164,630,075 - 101,787,790 - 4,900,790
394 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 395
Annual Report
2025
Receivables Bills on
Loan for
in the form of Micro
Securities/ Residential Commercial Land
Employee or Businesses, Claims That
Subordinated Property Property Acquisition, Bills on
Pensioner Small Have Been Other Assets
Receivables, Secured Secured Processing Corporations
Equity and Loan Businesses Due Date
Loans Loans and
Other Capital and Retail
Construction
Instruments Portfolio
i j k l m n o p q
- 435,876 99,235 1,157,688 155 10,756,085 11,709,039 229,705 0
- 271,456 43,114 - 853 441,267 71,737 106,961 -
- 6,831,527 1,251,641 4,477,116 1,018 1,278,372 4,157,680 2,875,124 0
- 83,091,444 21,986,642 314,838 157,476 183,916,842 33,102,375 33,853,362 0
- 1,926,966 467,766 3,488 8,950 4,575,913 12,649,884 1,113,652 0
- 3,888,587 1,524,606 4,972 21,586 10,942,198 1,402,842 2,070,010 0
- 542,191 124,350 - 506 296,284 185,278 153,128 -
8,899,911 200,700 125,317 - 267 2,019,048 32,125,177 47,440 106,570
- 946,311 625,974 25,453 7,126 3,069,266 1,638,621 401,695 -
- 453,657 71,133 1,367 87 322,973 408,671 77,596 -
- 1,966,352 457,535 27,841 6,311 2,406,801 2,502,891 608,903 0
- 4,033 3,151 1,406 - 189,397 139,147 532 -
- 212,971 251,397 - 982 332,560 448,529 77,073 -
- 1,198,566 1,266,181 758 4,589 905,819 2,535,986 310,809 0
- 151,891 40,016 - 477 263,054 858,401 160,983 -
- 5,856,412 1,400,498 2,595,451 4,700,510 48,700,769 23,860,348 10,214,064 0
- 199,079 22,700 - 1,165 264,136 93,560 114,259 -
- - - - - 78 - - -
- 23,488,925 1,350,216 - 136,272,077 78,609,925 30,167,348 7,595,845 0
- 4,277 - - 3,044 236,148 5,617 3,208 -
30,933 40,526 13,293 11,650 27 130,797,773 70,113,724 1,282,391 138,986,312
8,930,844 162,301,706 40,001,557 9,872,296 141,280,561 730,323,947 308,090,563 78,668,140 139,092,882
PT Bank Rakyat Indonesia (Persero) Tbk. 395
Page 396
Management Discussion and Analysis
on Bank Performance
Receivables
Claims against in the form of
Claims Multilateral The bill is in Securities/
Claims Claims
against Development the form of Subordinated
No. Economic Sector against against
Public Sector Banks and a Covered Receivables,
Government Banks Equity and
Entities International Bond
Other Capital
Institutions Instruments
a b c d e f g h
DECEMBER 31, 2024
1 Agriculture, Forestry and Fisheries - 6,938,020 - - - -
2 Mining and excavation - 5,520,474 - - - -
3 Processing industry - 8,602,007 - - - -
Procurement of Electricity, Gas, Steam/
4 - 27,242,022 - - - -
Hot Water and Cold Air
Water Management, Waste Water
5 Management, Waste Management and - - - - - -
Recycling and Remediation Activities
6 Construction - 15,012,225 - - - -
Wholesale and Retail Trade; Car and
7 - 19,436,659 - - - -
Motorcycle Repair and Maintenance
8 Transportation and Warehousing - 7,908,364 - - - -
Provision of accommodation and provision
9 - 67,969 - - - -
of food and drink
10 Information and Communication - 1,485,373 - - - -
11 Financial and Insurance Activities 216,104 9,701,795 - 80,762,110 - 4,411,210
12 Real Estate - 60,135 - - - -
Professional, Scientific and Technical
13 - - - - - -
Activities
Rental and Leasing Activities Without
14 Option Rights, Employment, Travel Agents - - - - - -
and Other Business Support
Government Administration, Defense and
15 - - - - -
Mandatory Social Security 365,573,146
16 Education - - - - - -
Human Health Activities and Social
17 - - - - - -
Activities
18 Arts, Entertainment and Recreation - - - - - -
19 Other Service Activities - 4,264,057 - - - -
Household Activities as an Employer;
Activities that produce goods and services
20 - - - - - -
by households that are used to meet their
own needs
Activities of International Agencies and
21 - - - - - -
Other Extra International Agencies
22 Household - - - - - -
23 Non Other Business Fields - - - - - -
24 Other 5,323,712 2,524,340 - 663,288 - 465,111
Total 371,112,962 108,763,441 - 81,425,398 - 4,876,321
396 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 397
Annual Report
2025
(in IDR million)
Receivables Loan for Bills on Micro
in the form of
Securities/ Residential Commercial Land Businesses,
Employee or Claims That
Subordinated Property Property Acquisition, Small Bills on
Pensioner Have Been Other Assets
Receivables, Secured Secured Processing Businesses Corporations
Equity and Loan Due Date
Loans Loans and and Retail
Other Capital Construction Portfolio
Instruments
i j k l m n o p q
- 15,518,855 3,296,276 131,800 75,410 149,591,847 24,402,433 10,160,762 -
- 1,070,985 371,901 6,251 2,096 18,034,641 13,076,303 243,212 -
- 9,585,766 4,675,332 1,548,850 20,573 66,901,890 25,671,951 5,105,662 -
- 445,013 109,662 993 1,009 7,850,733 7,259,153 227,020 -
- 311,209 101,102 - 1,402 428,486 56,555 84,669 -
- 5,924,401 1,242,356 4,238,023 1,074 1,391,207 6,991,554 3,775,847 316,337
- 81,354,193 23,747,166 85,620 185,505 204,368,896 25,397,105 32,651,858 -
- 1,971,855 434,411 840 10,882 5,187,430 9,014,293 1,167,949 -
- 3,400,487 1,443,773 373 21,828 12,283,668 1,499,019 2,104,091 -
- 587,352 146,323 873 374 286,576 688,289 66,665 -
8,234,670 143,129 127,478 353,823 170 1,446,795 12,796,753 41,716 231,282
- 898,656 588,753 48,526 10,439 2,181,910 375,715 411,512 -
- 331,563 66,294 993 241 477,361 144,818 77,680 -
- 1,701,564 435,816 21,166 6,948 2,615,453 1,744,059 568,198 -
- 644 3,528 2,006 98 348,734 201,713 404 -
- 198,983 186,034 - 791 363,118 254,050 66,426 -
- 924,113 667,328 4,608 5,647 1,060,726 1,358,661 203,382 -
- 183,341 41,332 - 772 342,842 622,092 262,220 -
- 5,492,863 1,465,184 830,666 4,533,912 46,065,307 30,370,346 9,650,425 -
- 217,387 43,235 - 941 304,782 77,791 115,682 -
- - - - - 166 - - -
- 9,767,666 496,857 - 133,517,376 75,472,409 30,044,534 6,799,090 3,570
- 136,104 2,300 - 1,668 959,052 7,542 76,332 -
23,308 506,496 186,260 331,234 485,447 93,500,776 53,411,290 1,544,053 121,904,321
8,257,979 140,672,625 39,878,701 7,606,645 138,884,603 691,464,805 245,466,023 75,404,855 122,455,510
PT Bank Rakyat Indonesia (Persero) Tbk. 397
Page 398
Management Discussion and Analysis
on Bank Performance
Net Billing Disclosure Is Based on tthe Remaining Term of the Contract
BRI Individually
December 31, 2025
Net billing based on remaining contract term
No. Portfolio Category
> 1 year - 3 > 3 years - 5 Non
≤ 1 year > 5 years
years years Contractual
a b c d e f g
1 Claims against Government 81,096,780 47,511,977 41,454,273 80,001,063 46,337,396
Claims against Public Sector
2 29,319,616 6,391,752 6,846,704 50,575,637 71,359,250
Entities
Claims against Multilateral
3 Development Banks and - - - - -
International Institutions
4 Claims against Banks 92,869,332 1,855,953 692,972 204,457 -
5 Claims on Covered Bonds - - - - -
Claims to Securities
6 Companies and Other Financial 1,271,010 2,250,021 607,527 -1 -
Services Institutions
Receivables in the form of
Securities/ Subordinated
7 - - - - 7,606,390
Receivables, Equity and Other
Capital Instruments
Residential Property Secured
8 86,631,419 26,242,624 23,674,379 25,183,760 346,015
Loans
Commercial Property Secured
9 22,107,786 5,232,635 6,714,303 5,785,844 106,444
Loans
Loan for Land Acquisition, Land
10 5,281,695 1,220,121 1,044,325 138,505 1,887,678
Processing and Construction
11 Employee or Pensioner Loan 1,316,679 9,902,393 16,673,833 113,380,782 5,760
Claims to Micro Businesses,
12 Small Businesses and Retail 84,603,297 231,019,977 95,501,541 66,371,262 74,730,093
Portfolios
13 Bills on Corporations 136,411,809 30,553,042 31,782,058 64,167,077 38,418,628
Claims That Have Been Due
14 16,925,262 24,665,557 15,276,487 8,980,448 10,834,353
Date
15 Other Assets - - - - 104,924,987
TOTAL 557,834,686 386,846,052 240,268,402 414,788,835 356,556,992
398 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 399
Annual Report
2025
(in IDR million)
December 31, 2024
Net billing based on remaining contract term
> 1 year - 3 > 3 years - 5 Non
Total ≤ 1 year > 5 years Total
years years Contractual
h i j k l m n
296,401,489 66,776 - 6,097,117 - 359,409,253 365,573,146
164,492,960 29,135,375 6,784,737 9,008,615 4,367,554 59,353,249 108,649,531
- - - - - - -
95,622,715 27,578,874 697,217 223,054 7,254 46,952,134 75,458,533
- - - - - - -
4,128,557 1,149,017 2,579,443 681,934 815 - 4,411,209
7,606,390 - - - - 6,546,863 6,546,863
162,078,197 79,398,379 27,313,932 22,068,598 11,511,535 104,630 140,397,074
39,947,012 23,858,983 5,432,243 6,248,149 4,251,618 9,149 39,800,141
9,572,324 4,687,403 849,472 140,609 29,092 1,578,867 7,285,443
141,279,447 1,359,166 9,788,474 16,565,622 111,163,495 6,132 138,882,889
552,226,170 94,012,329 219,807,647 117,803,610 58,180,257 63,149,566 552,953,409
301,332,613 81,911,612 33,049,610 24,071,033 55,335,088 45,614,894 239,982,238
76,682,106 17,001,715 23,198,499 15,061,374 9,203,921 9,083,247 73,548,756
104,924,987 - - - - 96,167,651 96,167,651
1,956,294,967 360,159,630 329,501,275 217,969,715 254,050,629 687,975,636 1,849,656,885
PT Bank Rakyat Indonesia (Persero) Tbk. 399
Page 400
Management Discussion and Analysis
on Bank Performance
BRI Consolidated with Subsidiaries
December 31, 2025
Net billing based on remaining contract term
No. Portfolio Category
> 1 year - 3 > 3 years - 5 Non
≤ 1 year > 5 years
years years Contractual
a b c d e f g
1 Claims against Government 86,743,257 47,511,977 41,454,273 80,001,063 46,337,396
Claims against Public Sector
2 29,456,732 6,391,752 6,846,704 50,575,637 71,359,250
Entities
Claims against Multilateral
3 Development Banks and - - - - -
International Institutions
4 Claims against Banks 98,341,316 1,855,953 692,972 328,878 568,671
5 Claims on Covered Bonds - - - - -
Claims to Securities
6 Companies and Other Financial 1,271,010 2,250,021 607,527 -1 772,233
Services Institutions
Receivables in the form of
Securities/ Subordinated
7 78 - 1,293,521 - 7,637,246
Receivables, Equity and Other
Capital Instruments
Residential Property Secured
8 86,717,540 26,243,790 23,683,504 25,310,856 346,015
Loans
Commercial Property Secured
9 22,145,965 5,235,684 6,718,895 5,794,569 106,444
Loans
Loan for Land Acquisition, Land
10 5,312,523 1,228,636 1,044,325 399,134 1,887,678
Processing and Construction
11 Employee or Pensioner Loan 1,316,679 9,902,393 16,673,833 113,381,895 5,760
Claims to Micro Businesses,
12 Small Businesses and Retail 109,477,494 253,728,204 98,201,401 66,961,373 201,955,477
Portfolios
13 Bills on Corporations 137,669,578 31,254,959 32,128,569 65,474,525 41,562,934
Claims That Have Been Due
14 16,974,886 24,761,389 15,337,914 9,494,175 12,099,776
Date
15 Other Assets 266,057 128,173 1,556,883 13,279 137,128,491
TOTAL 595,693,113 410,492,931 246,240,321 417,735,383 521,767,370
400 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 401
Annual Report
2025
(in IDR million)
December 31, 2024
Net billing based on remaining contract term
> 1 year - 3 > 3 years - 5 Non
Total ≤ 1 year > 5 years Total
years years Contractual
h i j k l m n
302,047,966 2,498,622 878,873 6,640,094 1,686,120 359,409,253 371,112,962
164,630,075 29,139,660 6,894,361 9,008,615 4,367,555 59,353,249 108,763,440
- - - - - - -
101,787,790 33,518,211 724,746 223,054 7,254 46,952,134 81,425,400
- - - - - - -
4,900,790 1,149,017 2,579,443 681,934 815 465,111 4,876,320
8,930,844 23,308 - - 1,687,807 6,546,863 8,257,978
162,301,704 79,460,369 27,385,412 22,087,580 11,634,634 104,630 140,672,625
40,001,557 23,906,632 5,456,716 6,254,279 4,251,925 9,149 39,878,701
9,872,296 4,698,269 866,864 140,609 322,037 1,578,867 7,606,646
141,280,561 1,359,240 9,788,946 16,566,562 111,163,721 6,132 138,884,602
730,323,948 202,616,367 243,889,099 123,191,204 58,618,569 63,149,566 691,464,806
308,090,565 84,690,150 34,525,094 24,643,712 55,992,171 45,614,894 245,466,023
78,668,140 17,768,960 23,391,494 15,233,058 9,928,096 9,083,247 75,404,855
139,092,882 18,179,328 656,604 1,109,284 66,504 102,443,791 122,455,510
2,191,929,117 499,008,135 357,037,653 225,779,985 259,727,208 694,716,887 2,036,269,869
PT Bank Rakyat Indonesia (Persero) Tbk. 401
Page 402
Management Discussion and Analysis
on Bank Performance
Disclosure of Bills and Reserves by Region
BRI Individually
December 31, 2025
Region
No. Description
Kalimantan & Bali & Nusa
Jakarta Eastern Indonesia
Sulawesi Tenggara
a b c d e f
1 Receivables 1,030,829,807 205,934,017 70,489,915 45,304,436
2 Decreased Bills 37,461,154 17,069,832 5,610,813 2,969,758
a. Not yet due - - - -
b. Has Been Due Date 37,461,154 17,069,832 5,610,813 2,969,758
3 CKPN - Stage 1 3,139,454 2,905,888 1,089,450 438,504
4 CKPN - Stage 2 13,890,027 1,980,040 553,946 315,000
5 CKPN - Stage 3 9,371,165 3,675,022 1,561,843 587,825
6 Written-off Receivables 8,825,803 5,166,908 2,340,287 628,977
December 31, 2024
Region
No. Description
Kalimantan & Bali & Nusa
Jakarta Eastern Indonesia
Sulawesi Tenggara
a b c d e f
1 Receivables 999,060,235 181,166,139 65,564,555 35,457,654
2 Decreased Bills 39,050,469 15,410,294 5,995,492 2,588,768
a. Not yet due - - - -
b. Has Been Due Date 39,050,469 15,410,294 5,995,492 2,588,768
3 CKPN - Stage 1 2,648,527 2,795,515 1,022,382 440,738
4 CKPN - Stage 2 15,947,120 2,225,973 754,672 340,248
5 CKPN - Stage 3 8,511,451 2,873,759 1,151,673 492,056
6 Written-off Receivables 5,915,293 6,154,401 1,676,679 1,080,517
402 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 403
Annual Report
2025
(in IDR million)
December 31, 2025
Region
West Java Central Java & DIY East Java Sumatera Other Total
g h i j k l
151,553,404 155,622,133 166,194,690 211,257,663 66,633,154 2,103,819,218
21,491,311 16,907,839 15,728,742 15,793,929 503,004 133,536,381
- - - - - -
21,491,311 16,907,839 15,728,742 15,793,929 503,004 133,536,381
2,150,818 2,416,804 2,401,341 3,777,151 408,270 18,727,681
2,261,781 1,916,594 1,668,498 2,017,184 233,502 24,836,573
5,029,931 3,580,496 4,126,693 3,479,037 6,788 31,418,800
4,918,808 6,077,843 6,273,926 6,562,036 - 40,794,588
(in IDR million)
December 31, 2024
Region
West Java Central Java & DIY East Java Sumatera Other Total
g h i j k l
141,559,795 131,629,323 143,015,339 193,423,341 97,636,312 1,988,512,693
20,600,525 14,982,542 13,543,982 14,190,382 3,477,347 129,839,801
- - - - - -
20,600,525 14,982,542 13,543,982 14,190,382 3,477,347 129,839,801
2,096,335 2,323,568 2,425,595 3,461,409 1,366,653 18,580,722
3,197,633 2,093,972 1,793,359 2,254,778 457,313 29,065,067
3,804,707 2,887,405 3,156,825 2,818,191 746,002 26,442,069
7,833,666 4,667,481 6,210,537 6,719,142 1,689,142 41,946,858
PT Bank Rakyat Indonesia (Persero) Tbk. 403
Page 404
Management Discussion and Analysis
on Bank Performance
BRI Consolidated with Subsidiaries
December 31, 2025
Region
No. Description
Kalimantan & Bali & Nusa
Jakarta Eastern Indonesia
Sulawesi Tenggara
a b c d e f
1 Receivables 1,084,527,745 255,817,493 89,473,525 45,822,655
2 Decreased Bills 41,952,176 20,554,152 6,879,916 2,985,227
a. Not yet due 2,883,732 2,974,783 1,089,076 -
b. Has Been Due Date 39,068,444 17,579,369 5,790,839 2,985,227
3 CKPN - Stage 1 3,232,364 2,981,169 1,111,084 440,754
4 CKPN - Stage 2 14,428,543 2,166,556 595,475 327,199
5 CKPN - Stage 3 10,369,838 3,886,672 1,625,787 592,800
6 Written-off Receivables 8,518,837 5,156,948 2,334,664 591,949
December 31, 2024
Region
No. Description
Kalimantan & Bali & Nusa
Jakarta Eastern Indonesia
Sulawesi Tenggara
a b c d e f
1 Receivables 1,041,845,833 219,189,292 77,031,003 36,032,543
2 Decreased Bills 43,273,309 18,748,191 6,882,092 2,619,025
a. Not yet due 3,420,366 2,781,240 722,585 1,087
b. Has Been Due Date 39,852,942 15,966,951 6,159,507 2,617,938
3 CKPN - Stage 1 2,763,091 2,881,845 1,070,068 451,844
4 CKPN - Stage 2 16,973,255 2,298,415 788,494 347,908
5 CKPN - Stage 3 8,709,070 3,122,712 1,279,737 505,352
6 Written-off Receivables 6,189,186 6,283,519 1,722,948 1,100,430
404 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 405
Annual Report
2025
(in IDR million)
December 31, 2025
Region
West Java Central Java & DIY East Java Sumatera Other Total
g h i j k l
172,883,281 177,656,715 193,516,472 254,406,128 71,000,815 2,345,104,829
22,439,781 18,141,388 17,217,357 18,238,674 648,929 149,057,600
789,790 1,003,690 1,225,221 1,988,730 108,569 12,063,592
21,649,991 17,137,698 15,992,136 16,249,944 540,360 136,994,008
2,246,810 2,501,840 2,515,384 3,922,380 620,962 19,572,748
2,534,354 2,106,148 1,870,665 2,479,564 464,386 26,972,890
5,571,012 3,839,038 4,491,266 4,223,532 264,596 34,864,542
5,807,256 6,089,679 6,542,709 7,068,650 306,093 42,416,786
(in IDR million)
December 31, 2024
Region
West Java Central Java & DIY East Java Sumatera Other Total
g h i j k l
161,689,544 149,246,348 165,779,393 229,440,691 100,744,610 2,180,999,258
21,697,715 16,195,885 14,984,875 16,461,182 3,545,880 144,408,152
758,946 908,901 1,134,646 1,830,732 27,446 11,585,950
20,938,769 15,286,984 13,850,229 14,630,449 3,518,433 132,822,202
2,209,319 2,414,709 2,538,444 3,611,446 4,756,873 22,697,638
3,461,643 2,212,590 1,912,109 2,563,562 613,116 31,171,091
4,838,608 3,260,897 3,711,132 3,560,169 1,147,809 30,135,487
8,037,199 4,761,730 6,422,155 6,980,137 1,864,697 43,362,000
PT Bank Rakyat Indonesia (Persero) Tbk. 405
Page 406
Management Discussion and Analysis
on Bank Performance
Disclosure of Claims and Provisions Based on Economic Sector
BRI Individually
(in IDR million)
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
DECEMBER 31, 2025
1 Agriculture, Forestry and
234,932,975 - 19,480,672 4,458,042 2,151,933 5,983,827 7,294,941
Fisheries
2 Mining and excavation 48,393,005 - 2,924,389 269,895 721,321 1,696,815 143,821
3 Processing industry 147,642,097 - 10,353,299 1,506,383 3,132,035 1,741,016 5,777,706
4 Procurement of Electricity,
Gas, Steam/Hot Water and 61,675,045 - 490,474 387,661 133,562 17,961 52,906
Cold Air
5 Water Management, Waste
Water Management,
Waste Management and 999,217 - 153,399 18,520 20,030 25,742 -
Recycling and Remediation
Activities
6 Construction 84,609,181 - 3,855,187 224,427 1,202,007 836,130 571,716
7 Wholesale and Retail
Trade; Car and Motorcycle 379,851,963 - 51,830,592 6,408,790 6,127,784 11,625,603 19,328,121
Repair and Maintenance
8 Transportation and
32,307,874 - 1,772,015 366,826 203,892 438,787 623,061
Warehousing
9 Provision of
accommodation and 21,098,439 - 3,165,265 447,886 464,667 619,891 1,174,815
provision of food and drink
10 Information and
1,682,781 - 281,302 20,749 21,691 104,818 -
Communication
11 Financial and Insurance
155,741,147 - 88,950 91,588 8,980 18,790 35,953
Activities
12 Real Estate 6,915,959 - 585,286 128,818 79,549 101,825 421,466
13 Professional, Scientific and
1,019,324 - 110,945 11,548 14,611 18,715 -
Technical Activities
14 Rental and Leasing
Activities Without Option
Rights, Employment, Travel 8,582,181 - 965,880 124,804 100,502 253,402 -
Agents and Other Business
Support
15 Government
Administration, Defense
296,554,169 - 790 71,882 214 - 98
and Mandatory Social
Security
16 Education 1,300,958 - 104,914 22,639 11,538 15,536 18,911
17 Human Health Activities
6,729,779 - 403,717 89,543 53,666 59,589 84,669
and Social Activities
406 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 407
Annual Report
2025
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
18 Arts, Entertainment and
2,324,311 - 1,014,509 10,631 14,683 847,797 2,274,797
Recreation
19 Other Service Activities 134,569,508 - 21,899,610 1,402,647 8,509,704 3,331,818 -
20 Household Activities as
an Employer; Activities
that produce goods and
743,656 - 152,029 10,702 18,429 20,412 45,284
services by households
that are used to meet their
own needs
21 Activities of International
Agencies and Other Extra 78 - - 2 - - -
International Agencies
22 Household 291,345,377 - 12,423,269 2,135,322 1,140,769 3,657,169 -
23 Non Other Business Fields 3,151 - - 18 - - 2,377,750
24 Other 184,797,045 - 1,479,889 518,358 705,004 3,157 568,575
Total 2,103,819,218 - 133,536,381 18,727,681 24,836,573 31,418,800 40,794,588
(in IDR million)
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
DECEMBER 31, 2024
1 Agriculture, Forestry and
207,779,817 - 17,945,196 3,875,379 3,048,872 4,475,870 6,054,294
Fisheries
2 Mining and excavation 46,025,862 - 2,631,091 315,323 702,414 1,656,021 105,832
3 Processing industry 140,234,498 - 14,076,815 1,530,057 3,948,782 4,966,379 2,986,485
4 Procurement of Electricity,
Gas, Steam/Hot Water and 48,597,028 - 281,591 267,347 40,101 14,049 19,798
Cold Air
5 Water Management, Waste
Water Management,
Waste Management and 1,033,852 - 124,090 21,679 18,731 19,163 31,010
Recycling and Remediation
Activities
6 Construction 45,337,599 - 6,430,598 455,741 2,257,712 526,529 543,898
PT Bank Rakyat Indonesia (Persero) Tbk. 407
Page 408
Management Discussion and Analysis
on Bank Performance
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
7 Wholesale and Retail
Trade; Car and Motorcycle 380,425,787 - 50,033,159 6,838,042 7,330,396 9,613,215 19,213,955
Repair and Maintenance
8 Transportation and
25,927,500 - 1,871,642 300,036 396,859 291,988 459,535
Warehousing
9 Provision of
accommodation and 22,305,625 - 3,432,627 518,669 791,707 525,482 1,161,622
provision of food and drink
10 Information and
3,335,700 - 96,159 29,354 11,247 16,735 79,226
Communication
11 Financial and Insurance
113,102,360 - 51,633 77,488 6,430 10,849 17,646
Activities
12 Real Estate 4,706,230 - 600,238 96,353 102,866 84,803 144,071
13 Professional, Scientific and
751,311 - 111,045 10,529 13,317 19,709 27,316
Technical Activities
14 Rental and Leasing
Activities Without Option
Rights, Employment, Travel 7,370,697 - 766,281 121,773 113,805 102,552 214,701
Agents and Other Business
Support
15 Government
Administration, Defense
365,794,642 - 885 39,312 58 - -
and Mandatory Social
Security
16 Education 980,023 - 91,433 21,398 13,874 11,579 16,163
17 Human Health Activities
3,915,979 - 298,424 70,430 43,398 52,319 67,538
and Social Activities
18 Arts, Entertainment and
2,595,575 - 1,191,360 20,925 902,580 29,316 40,884
Recreation
19 Other Service Activities 114,733,774 - 19,007,170 1,284,868 8,234,935 1,275,235 2,652,905
20 Household Activities as
an Employer; Activities
that produce goods and
840,855 - 167,223 13,038 24,622 26,278 46,870
services by households
that are used to meet their
own needs
21 Activities of International
Agencies and Other Extra 166 - - 3 - - 1
International Agencies
22 Household 271,557,801 - 10,581,534 1,804,885 1,054,595 2,717,920 1,482,390
23 Non Other Business Fields 2,404 - 58 11 - 35 15
24 Other 181,157,607 - 49,552 868,078 7,766 6,043 6,580,704
Total 1,988,512,692 - 129,839,804 18,580,719 29,065,068 26,442,069 41,946,858
408 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 409
Annual Report
2025
BRI Consolidated with Subsidiaries
(in IDR million)
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
DECEMBER 31, 2025
1 Agriculture, Forestry and
253,207,430 440,534 20,369,344 4,604,557 2,570,347 7,117,464 7,379,438
Fisheries
2 Mining and excavation 48,874,986 1,548 2,951,349 322,841 737,031 1,700,794 135,164
3 Processing industry 151,215,683 38,618 10,459,855 1,526,733 3,219,702 1,804,736 5,488,250
4 Procurement of Electricity,
Gas, Steam/Hot Water and 62,154,918 - 499,338 387,952 136,511 23,604 50,279
Cold Air
5 Water Management, Waste
Water Management,
Waste Management and 1,007,490 - 155,012 18,521 20,448 26,033 -
Recycling and Remediation
Activities
6 Construction 86,839,765 471,407 4,002,339 230,244 1,434,554 949,616 543,759
7 Wholesale and Retail
Trade; Car and Motorcycle 416,088,739 79,885 52,334,835 6,776,938 7,014,625 13,395,508 21,210,535
Repair and Maintenance
8 Transportation and
33,021,714 35,127 1,811,648 368,521 212,235 466,562 610,129
Warehousing
9 Provision of
accommodation and 21,392,031 6,464 3,193,965 450,315 475,834 625,964 1,101,194
provision of food and drink
10 Information and
1,744,155 592 283,397 21,774 22,568 105,259 529
Communication
11 Financial and Insurance
161,085,317 11,073 108,597 95,919 17,404 47,861 42,781
Activities
12 Real Estate 7,074,957 12,141 593,001 129,621 82,050 105,355 395,475
13 Professional, Scientific and
1,441,195 8,454 117,611 13,375 16,094 23,052 869
Technical Activities
14 Rental and Leasing
Activities Without Option
Rights, Employment, Travel 9,114,860 12,459 976,200 131,455 105,588 263,359 24,057
Agents and Other Business
Support
15 Government
Administration, Defense
296,747,041 7,403 3,333 73,017 1,627 2,483 18,419
and Mandatory Social
Security
16 Education 1,370,186 830 106,334 23,005 11,908 16,260 18,134
17 Human Health Activities
6,903,613 2,636 411,486 90,107 55,666 63,427 79,556
and Social Activities
18 Arts, Entertainment and
2,359,021 - 1,023,011 11,081 16,137 850,047 2,134,600
Recreation
PT Bank Rakyat Indonesia (Persero) Tbk. 409
Page 410
Management Discussion and Analysis
on Bank Performance
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
19 Other Service Activities 137,310,085 8,177 22,080,595 1,430,460 8,715,050 3,377,680 50,524
20 Household Activities as
an Employer; Activities
that produce goods and
754,000 1,899 153,341 10,835 18,960 20,524 42,540
services by households
that are used to meet their
own needs
21 Activities of International
Agencies and Other Extra 79 - - 2 - - -
International Agencies
22 Household 294,726,711 58,588 12,584,159 2,149,255 1,173,919 3,711,315 127,850
23 Non Other Business Fields 265,138 8,083 9,495 2,992 1,438 7,456 2,225,702
24 Other 350,405,716 10,857,674 2,765,762 703,228 913,193 160,182 737,004
Total 2,345,104,829 12,063,592 136,994,008 19,572,748 26,972,890 34,864,542 42,416,786
(in IDR million)
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
DECEMBER 31, 2024
1 Agriculture, Forestry and
224,206,139 1,186,541 18,164,849 4,007,335 3,896,656 5,011,196 6,280,703
Fisheries
2 Mining and excavation 46,456,825 2,437 2,664,961 365,067 711,965 1,660,660 107,931
3 Processing industry 143,872,982 50,966 14,278,670 1,561,915 4,033,099 5,031,161 3,099,844
4 Procurement of Electricity,
Gas, Steam/Hot Water and 49,099,982 - 284,686 271,504 42,459 20,595 20,191
Cold Air
5 Water Management, Waste
Water Management,
Waste Management and 1,041,383 587 125,572 21,901 19,175 19,215 31,686
Recycling and Remediation
Activities
6 Construction 47,384,883 507,879 6,605,216 468,433 2,498,765 563,910 568,291
7 Wholesale and Retail
Trade; Car and Motorcycle 419,460,033 129,458 50,667,978 7,207,325 7,984,910 12,211,601 19,728,262
Repair and Maintenance
410 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 411
Annual Report
2025
Impaired Bills
CKPN CKPN CKPN Written-off
No. Economic Sector Bill
Stage 1 Stage 2 Stage 3 Receivables
Not yet Due Has Matured
a b c d e f g h i
8 Transportation and
26,689,590 29,412 1,907,695 306,265 405,005 311,856 479,186
Warehousing
9 Provision of
accommodation and 22,653,600 14,137 3,473,144 526,148 803,547 535,953 1,186,108
provision of food and drink
10 Information and
3,406,795 1,933 97,521 30,405 11,635 17,796 80,798
Communication
11 Financial and Insurance
115,250,511 14,247 56,097 79,816 7,971 14,385 25,224
Activities
12 Real Estate 4,873,927 8,005 608,171 98,275 104,788 87,027 148,681
13 Professional, Scientific and
1,182,937 11,646 114,268 11,618 14,413 22,529 30,570
Technical Activities
14 Rental and Leasing
Activities Without Option
Rights, Employment, Travel 8,077,417 29,547 785,948 132,230 119,955 143,190 243,410
Agents and Other Business
Support
15 Government
Administration, Defense
369,068,495 9,977 4,662 40,980 1,106 5,094 3,598
and Mandatory Social
Security
16 Education 1,092,042 568 92,882 21,962 14,263 12,227 16,549
17 Human Health Activities
4,164,678 7,041 308,417 72,004 44,690 58,916 68,885
and Social Activities
18 Arts, Entertainment and
2,631,287 3,756 1,204,441 21,589 915,663 34,042 41,695
Recreation
19 Other Service Activities 116,682,468 11,899 19,156,507 1,314,254 8,303,937 1,329,286 2,705,538
20 Household Activities as
an Employer; Activities
that produce goods and
851,147 1,556 169,209 13,450 25,034 26,493 47,800
services by households
that are used to meet their
own needs
21 Activities of International
Agencies and Other Extra 168 - - 3 - - 1
International Agencies
22 Household 273,672,971 91,472 10,743,489 1,832,947 1,078,480 2,757,680 1,553,728
23 Non Other Business Fields 1,198,700 7,576 6,762 2,077 932 5,098 35,253
24 Other 297,980,297 9,465,308 1,301,061 4,290,133 132,643 255,578 6,858,068
Total 2,180,999,258 11,585,950 132,822,205 22,697,635 31,171,092 30,135,487 43,362,000
PT Bank Rakyat Indonesia (Persero) Tbk. 411
Page 412
Management Discussion and Analysis
on Bank Performance
Disclosure of Bills Based on Days Due
BRI Individually
(in IDR million)
December 31, 2025 December 31, 2024
Net bill based on days past due Net bill based on days past due
No. Type of Exposure
> 90 > 90
> 120 days > 120 days
days - > 180 days Total days - > 180 days Total
- 180 days - 180 days
120 days 120 days
a b c d e f g h i j
Loans included in Past
1 4,955,220 8,544,189 116,663,063 130,162,472 4,233,911 7,145,451 114,107,914 125,487,276
Due Bills
Securities included in
2 - - - - - - - -
Past Due Bills
TOTAL 4,955,220 8,544,189 116,663,063 130,162,472 4,233,911 7,145,451 114,107,914 125,487,276
BRI Consolidated with Subsidiaries
(in IDR million)
December 31, 2025 December 31, 2024
Net bill based on days past due Net bill based on days past due
No. Type of Exposure
> 90 > 90
> 120 days > 120 days
days - > 180 days Total days - > 180 days Total
- 180 days - 180 days
120 days 120 days
a b c d e f g h i j
Loans included in Past
1 5,237,556 8,925,465 119,455,848 133,618,869 4,499,633 7,499,040 116,470,660 128,469,333
Due Bills
Securities included in
2 - - - - - - - -
Past Due Bills
TOTAL 5,237,556 8,925,465 119,455,848 133,618,869 4,499,633 7,499,040 116,470,660 128,469,333
Additional Disclosures Regarding the Treatment of Troubled Assets (CRB-A)
QUALITATIVE
Asset Quality:
a) Non-performing assets are assets that are of substandard, doubtful or non-performing quality as referred to in the provisions
of laws and regulations and FSA provisions regarding assessing the quality of commercial bank assets. For loans with
exposure above a certain value, collectibility assessments are carried out individually based on 3 (three) pillars, namely
accuracy in payments, debtor’s business prospects, and debtor’s financial condition.
b) Overdue Loans and Securities are claims that are more than 90 (ninety) days past due, both for principal payments and/or
interest payments or debtors who are in d efault. These claims include assets that have experienced impairment and a value
impairment reserve (Allowance for Impairment Losses) has been established.
c) Performing Assets are assets that have current quality and are subject to special attention as intended in the provisions of
laws and regulations and FSA provisions regarding assessing the quality of commercial bank assets.
d) Restructuring Assets are assets in an effort to improve debtors who are experiencing difficulties in fulfilling their obligations.
Assets can be restructured if the debtor has good business prospects and is deemed capable of meeting obligations after
restructuring. A restructuring asset can fall out of this category if, within the restructuring period, the debtor’s business
conditions have returned to normal so that the debtor can fulfill its obligations according to normal conditions.
412 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 413
Annual Report
2025
1) Loan segmentation:
Categorization of loan segments based on the type of loans and the size of the loan facility
QUANTITATIVE
Disclosure of Performing and Non-Performing Assets
BRI Individually
(in IDR million)
Non Performing
(KL, D, M Quality)
Performing
Bills That Are Not Impaired in Value
(L and DPK Quality)
Impaired Bills
No. Description Have Arrears Have Arrears
> 90 Days < 90 Days
Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value
a b c d e f g h
1 Securities 320,880,955 89,420 - - - - - -
2 Loan 1,298,527,440 41,657,261 44,146,271 31,246,461 - - - -
a. Corporation 404,539,729 15,206,175 8,616,022 8,149,877 - - - -
b. Retail 441,722,376 10,237,722 17,023,893 11,110,423 - - - -
c. Micro 452,265,335 16,213,364 18,506,356 11,986,160 - - - -
Administrative
3 Account 211,361,870 663,045 3,373,909 1,282,207 - - - -
Transactions
BRI Consolidated with Subsidiaries
(in IDR million)
Non Performing
(KL, D, M Quality)
Performing
Bills That Are Not Impaired in Value
(L and DPK Quality)
Impaired Bills
No. Description Have Arrears Have Arrears
> 90 Days < 90 Days
Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value
a b c d e f g h
1 Securities 372,732,801 89,519 - - - - - -
2 Loan 1,411,580,656 43,832,122 49,148,761 35,496,497 - - - -
a. Corporation 409,843,565 15,635,313 9,312,988 8,839,881 - - - -
b. Retail 442,875,691 10,279,413 17,341,855 11,356,731 - - - -
c. Micro 558,861,400 17,917,396 22,493,918 15,299,885 - - - -
Administrative
3 Account 211,451,390 663,097 3,400,062 1,283,038 - - - -
Transactions
PT Bank Rakyat Indonesia (Persero) Tbk. 413
Page 414
Management Discussion and Analysis
on Bank Performance
Disclosure of Performing and Non-Performing Restructuring Assets
BRI Individually
Performing Non Performing
(L and DPK Quality) (KL, D, M quality)
No. Description
Gross Carrying Gross Carrying
CKPN CKPN
Value Value
a b c d
1 Securities - - - -
2 Loan 65,724,482 19,106,215 16,282,881 11,951,033
a. Corporation 18,412,007 12,461,711 5,245,667 4,920,698
b. Retail 26,759,559 3,382,592 5,543,764 3,480,711
c. Micro 20,552,917 3,261,912 5,493,450 3,549,624
3 Administrative Account Transactions 443,039 63,409 51,705 -
BRI Consolidated with Subsidiaries
Performing Non Performing
(L and DPK Quality) (KL, D, M quality)
No. Description
Gross Carrying Gross Carrying
CKPN CKPN
Value Value
a b c d
1 Surat Berharga - - - -
2 Kredit 69,633,597 21,764,670 17,510,490 13,123,750
a. Korporasi 18,711,548 12,467,990 5,258,221 4,952,422
b. Ritel 27,756,484 3,768,351 6,522,131 4,391,740
c. Mikro 23,165,564 5,528,329 5,730,138 3,779,589
3 Transaksi Rekening Administratif 446,971 63,458 51,705 -
Qualitative Disclosures Regarding MRK Techniques (CRC)
In calculating credit risk RWA using a standard approach, the Bank considers the use of Credit Risk Mitigation Techniques
(Enterprise Risk Management-ERM) in accordance with FSA regulations. The ERM techniques used by the Bank are the ERM-
Collateral technique and the ERM-Guarantee or Credit Insurance technique. The ERMCollateral technique used is collateral in
the form of cash (cash collateral) stored at the Bank and gold stored at the Subsidiary. Meanwhile, the ERM-Guarantee or Credit
Insurance technique is used for loan guaranteed by credit insurance from an Insurance Company with SOEs status. Loans
guaranteed by an insurance company which is a Bank Subsidiary is not counted as a guarantor in the ERM technique because
it is a party affiliated with the Bank.
Acceptable collateral criteria include:
1. Collateral is tied to mortgage rights, power of attorney to sell, current accounts, savings, time deposits or other collateral
generally accepted by banks as well as collateral in the form of gold (subsidiaries).
2. Determining the value of collateral must be based on considerations of appraisal, binding, control, security and utilization.
414 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 415
Annual Report
2025
(in IDR million)
Stage 1 Stage 2 Stage 3
Gross Carrying Gross Carrying Gross Carrying
CKPN CKPN CKPN
Value Value Value
e f g h i j
- - - - - -
- - 65,632,382 19,052,383 16,374,981 12,004,865
- - 18,412,007 12,461,711 5,245,667 4,920,698
- - 26,676,663 3,334,422 5,626,660 3,528,882
- - 20,543,712 3,256,250 5,502,655 3,555,286
- - 440,556 63,409 54,188 -
(in IDR million)
Stage 1 Stage 2 Stage 3
Gross Carrying Gross Carrying Gross Carrying
CKPN CKPN CKPN
Value Value Value
e f g h i j
- - - - - -
41,728 629 67,865,849 20,264,883 19,236,510 14,622,907
- - 18,711,548 12,486,991 5,258,221 4,933,420
41,728 629 27,631,861 3,719,551 6,605,027 4,439,910
- - 21,522,440 4,058,341 7,373,262 5,249,577
- - 444,488 63,458 54,188 -
PT Bank Rakyat Indonesia (Persero) Tbk. 415
Page 416
Management Discussion and Analysis
on Bank Performance
3. Collateral appraisal must be carried out objectively, honestly, responsibly and present a fair value.
4. Collateral reviews are carried out to see the adequacy of collateral compared to the debtor’s total obligations, including:
a. Collateral condition at the time of review
b. Collateral value
c. Securing collateral (storage, binding and validity of collateral)
d. Other information relevant to assessing collateral adequacy
5. The collateral review period is carried out as stated in the loan terms and conditions, but must be carried out at least once
a year along with the loan review as regulated in each business sector. The collateral review period can be set differently if
specifically regulated by the regulator (BI, FSA or other related agencies). For the purposes of calculating RWA, specifically
for consumer loans backed by residential homes, collateral valuation must be carried out periodically for a minimum of 30
(thirty) months.
Quantitative Disclosures Related to MRK Techniques (CR3)
BRI Individually
(in IDR million)
Bills Secured by
Bills That Are Guarantee, Bills Secured
Bills Guaranteed
Not Guaranteed Bills Secured by Guarantee by Credit
with MRK
Using MRK Collateral and/or Derivatives
Techniques
Techniques Credit
Insurance
a b c d e
1 Loans 1,043,693,760 226,076,231 20,700,877 205,375,354 -
2 Securities 320,791,535 - - - -
3 Total 1,364,485,296 226,076,231 20,700,877 205,375,354 -
4 Maturity Credit and Securities 74,640,376 548,932 249,591 299,341 -
BRI Consolidated with Subsidiaries
(in IDR million)
Bills Secured by
Bills That Are Guarantee, Bills Secured
Bills Guaranteed
Not Guaranteed Bills Secured by Guarantee by Credit
with MRK
Using MRK Collateral and/or Derivatives
Techniques
Techniques Credit
Insurance
a b c d e
1 Loans 1,056,788,606 324,612,192 110,395,892 214,216,299 -
2 Securities 372,643,283 - - - -
3 Total 1,429,431,889 324,612,192 110,395,892 214,216,299 -
4 Maturity Credit and Securities 76,625,591 549,663 250,322 299,341 -
Additional Disclosure
416 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 417
Annual Report
2025
Disclosure on the Use of External Credit Ratings (CRD)
The rating agencies used are rating agencies recognized by the Financial Services Authority, namely Moody’s Investor Service,
Standard and Poor’s, Fitch Ratings and PT. Indonesian Securities Rating (Pefindo). If there are Marketable Securities that
have more than 1 (one) rating, then the worst rating will be used. Portfolio Categories that use ratings are Receivables to
the Government, Receivables to Public Sector Entities, Receivables to Banks, Receivables to Securities & Financial Services
Companies, and Receivables to Corporations. Meanwhile, other bills use unrated (without rating) because rating data is not
available.
Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
BRI Individually
(in IDR million)
Net Bills Before Net Bills After
RWA and Average Risk
Implementation of FKK and implementing FKK and
Weight
MRK Techniques MRK Techniques
Portfolio Category Financial Financial Average
Position TRA Position TRA RWA Risk Weight
Report Report (e/(c+d))
a b c d e f
1 Claims against Government 296,401,489 - 296,401,489 - - 0.00%
Claims against Public Sector
2 145,936,006 35,215,050 145,288,414 18,556,954 82,470,516 50.33%
Entities
Claims against Multilateral
3 Development Banks and - - - - - 0.00%
International Institutions
4 Claims against Banks 94,915,562 707,153 94,915,562 707,153 49,613,182 51.88%
Claims to Securities
Companies and Other
3,671,242 457,315 3,671,242 457,315 5,174,273 125.33%
Financial Services
Institutions1)”
5 Claims on Covered Bonds - - - - - 0.00%
Claims on Corporations -
6 213,820,978 89,754,967 198,453,876 63,942,115 256,559,020 97.78%
General Corporate Exposures2)
Receivables from securities
companies and other financial - - - - - 0.00%
services institutions3)
Special Financing Exposure4) 23,207,302 905,546 21,675,367 362,218 23,134,148 104.98%
Receivables in the form of
Securities/ Subordinated
7 7,606,390 - 7,606,390 - 18,985,975 249.61%
Receivables, Equity and Other
Capital Instruments
Other Capital Instruments
Bills on Micro Businesses,
8 522,696,499 66,480,674 371,365,692 29,529,671 321,089,432 80.09%
Small Businesses, and Retail
Portfolios
9 Property Backed Loans 195,735,870 15,723,347 181,777,895 6,289,339 98,832,216 52.55%
Residential Property-Backaged
Loans whose Payments Are
157,599,923 11,195,684 145,371,957 4,478,274 69,353,111 46.28%
Not Materially Dependent on
Property Cash Flow
Residential Property-
Backaged Loans whose
- - - - - 0.00%
Payments Depend Materially
on the Property’s Cash Flows
PT Bank Rakyat Indonesia (Persero) Tbk. 417
Page 418
Management Discussion and Analysis
on Bank Performance
Net Bills Before Net Bills After
RWA and Average Risk
Implementation of FKK and implementing FKK and
Weight
MRK Techniques MRK Techniques
Portfolio Category Financial Financial Average
Position TRA Position TRA RWA Risk Weight
Report Report (e/(c+d))
a b c d e f
Commercial Property-Backed
Loans Where Payments Are
38,135,947 4,527,663 36,405,938 1,811,065 29,479,105 77.14%
Not Materially Dependent on
Property Cash Flows
Commercial Property-Backed
Loans Where Payments
- - - - - 0.00%
Depend Materially on the
Property’s Cash Flows
Land Acquisition, Land
Processing and Construction 8,725,499 2,117,063 7,048,813 846,825 11,379,248 144.12%
Loan
Claims That Have Been Due
10 75,189,308 2,091,702 74,700,244 1,492,798 82,428,645 108.18%
Date
11 Other Assets 104,924,987 - 104,924,987 - 72,975,370 69.55%
12 Total 1,692,831,132 213,452,817 1,507,829,972 122,184,388 1,022,642,025 62.74%
2) BRI Consolidated with Subsidiaries
(in IDR million)
Net Bills Before Net Bills After
RWA and Average Risk
Implementation of FKK and implementing FKK and
Weight
MRK Techniques MRK Techniques
Portfolio Category Financial Financial Average
Position TRA Position TRA RWA Risk Weight
Report Report (e/(c+d))
a b c d e f
1 Claims against Government 302,047,966 - 302,047,966 - 0 0.00%
Claims against Public Sector
2 146,073,121 35,215,050 145,425,529 18,556,954 82,497,939 50.31%
Entities
Claims against Multilateral
3 Development Banks and - - - - 0 0.00%
International Institutions
4 Claims against Banks 101,080,637 707,153 100,508,096 707,153 50,898,078 50.29%
Claims to Securities
Companies and Other
4,443,475 457,315 4,443,475 457,315 5,328,719 108.73%
Financial Services
Institutions1)”
5 Claims on Covered Bonds - - - - 0 0.00%
Claims on Corporations -
6 220,565,099 90,332,870 203,524,402 63,955,945 261,543,830 97.78%
General Corporate Exposures2)
Receivables from securities
companies and other financial - - - - - 0.00%
services institutions3)
418 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 419
Annual Report
2025
Net Bills Before Net Bills After
RWA and Average Risk
Implementation of FKK and implementing FKK and
Weight
MRK Techniques MRK Techniques
Portfolio Category Financial Financial Average
Position TRA Position TRA RWA Risk Weight
Report Report (e/(c+d))
a b c d e f
Special Financing Exposure4) 23,207,302 362,218 21,675,367 362,218 23,134,148 104.98%
Receivables in the form of
Securities/ Subordinated
7 8,930,844 - 8,930,844 - 22,266,255 249.32%
Receivables, Equity and Other
Capital Instruments
Other Capital Instruments
Bills on Micro Businesses,
8 700,772,392 66,535,385 411,280,817 29,551,555 356,985,857 80.98%
Small Businesses, and Retail
Portfolios
9 Property Backed Loans 196,008,227 15,737,584 182,049,697 6,295,034 99,051,008 52.59%
Residential Property-Backaged
Loans whose Payments Are
157,818,425 11,208,198 145,589,904 4,483,279 69,526,726 46.33%
Not Materially Dependent on
Property Cash Flow
Residential Property-
Backaged Loans whose
- - - - - 0.00%
Payments Depend Materially
on the Property’s Cash Flows
Commercial Property-Backed
Loans Where Payments Are
38,189,802 4,529,386 36,459,793 1,811,755 29,524,282 77.14%
Not Materially Dependent on
Property Cash Flows
Commercial Property-Backed
Loans Where Payments
- - - - - 0.00%
Depend Materially on the
Property’s Cash Flows
Land Acquisition, Land
Processing and Construction 9,020,700 2,128,991 7,338,829 851,596 11,821,428 144.33%
Loan
Claims That Have Been Due
10 77,175,254 2,091,922 76,685,459 1,492,886 83,676,186 107.03%
Date
11 Other Assets 139,092,882 - 139,092,882 - 106,676,786 76.69%
12 Total 1,928,417,901 213,568,488 1,603,003,363 122,230,656 1,103,880,235 63.98%
Additional Disclosure
TRA exposure is converted into equivalent Loan exposure using FKK. The smallest FKK used by the Bank is 20% for TRA
exposure in the form of commitment obligations in the form of L/C, 40% FKK is given for TRA exposure in the form of
commitment obligations (draw allowance) while 100% FKK is given for TRA exposure in the form of issued guarantees in
order to take over the risk of default. CKPN taken into account for calculating net receivables is CKPN on assets identified
as experiencing impairment, namely CKPN at stage 2 and stage 3. Credit Risk Mitigation Techniques used by the Bank are
collateral and loan guarantees/insurance, collateral in the form of cash collateral, while guarantees/ Loan Insurance is an
insurance company with SOE status. Loans guaranteed by insurance companies which are Bank Subsidiaries are not counted
as guarantors in the MRK technique because they are parties affiliated with the Bank.
PT Bank Rakyat Indonesia (Persero) Tbk. 419
Page 420
Management Discussion and Analysis
on Bank Performance
Exposure Disclosure Based on Asset Class and Risk Weight (CR5)
BRI Individually
Portfolio Category 0% 20% 50%
1 Claims against Government 296,401,489 - -
Portfolio Category 20% 50%
2 Claims against Public
323,332 162,232,372
Sector Entities
Portfolio Category 0% 20% 30% 50%
3 Claims against Multilateral
Development Banks and - - - -
International Institutions
Portfolio Category 20% 30% 40% 50% 75%
4 Claims against Banks - 425,042 - 93,123,720 219,546
Claims to Securities
Companies and Other
- 295,104 - 526,877 145,852
Financial Services
Institutions 1)
Portfolio Category 10% 15% 20% 25% 35%
5 Claims on Covered
- - - - -
Bonds
Portfolio Category 20% 50% 65% 5) 75% 80% 85% 100%
6 Receivables to General
Corporations 2)
216,978 385,873 49,221,962 225,298,912
Receivables from
securities companies
and other financial
services institutions 3)
Special Financing
Exposure 4)
- 19,855,167
Portfolio Category 100% 150%
7 Receivables in the form of
Securities/ Subordinated
20,000 -
Receivables, Equity and
Other Capital Instruments
420 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 421
Annual Report
2025
(in IDR million)
Net Bills After FKK and MRK
100% 150% Other
Techhnique
- - 296,401,489
Net Bills After FKK and MRK
100% 150% Other
Techhnique
1,289,664 - 163,845,368
Net Bills After FKK and MRK
100% 150% Other
Techhnique
- - -
Net Bills After FKK and MRK
100% 150% Other
Techhnique
44,921 1,809,486 95,622,715
56,344 3,104,380 4,128,557
Net Bills After FKK and MRK
50% 100% Other
Techhnique
- - - -
Net Bills After FKK and MRK
130% 150% Other
Techhnique
2,639,367 262,395,990
3,714,354 262,395,990
Net Bills After FKK and MRK
250% 400% 5) Other
Techhnique
7,586,390 - 7,606,390
PT Bank Rakyat Indonesia (Persero) Tbk. 421
Page 422
Management Discussion and Analysis
on Bank Performance
Portfolio Category 100% 150%
8 Other Capital Instruments
Bills on Micro Businesses,
3,303,209 445,741,332
Small Businesses, and
Retail Portfolios
Portfolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60% 65%
9 Property Backed Loans - 30,360,260 8,313,932 25,529,688 - 27,312,224 - 22,406,621 6,715,213 -
Residential Property-
Backaged Loans whose
Payments Are Not Materially - 30,360,260 8,313,932 25,529,688 27,312,224 22,406,621 -
Dependent on Property
Cash Flow
without credit sharing
approach
using a credit sharing
approach (guaranteed)
using a credit sharing
approach (guaranteed)
Residential Property-
Backaged Loans whose
Payments Depend
Materially on the Property’s
Cash Flows
Commercial Property-
Backed Loans Where
Payments Are Not Materially - - - - - 6,715,213 -
Dependent on Property
Cash Flows
without credit sharing
approach
using a credit sharing
approach (guaranteed)
using a credit sharing
approach (guaranteed)
Commercial Property-
Backed Loans Where
Payments Depend
Materially on the Property’s
Cash Flows
Land Acquisition,
Land Processing and
Construction Loan
Portfolio Category 0% 20%
10 Claims That Have Been Due 13,415,250 36,877,912
Portfolio Category 0% 20% 100%
11 Other Assets 31,975,036 - 72,899,114
422 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 423
Annual Report
2025
Net Bills After FKK and MRK
250% 400% 5) Other
Techhnique
90,312,284 12,869,345 400,895,363
Net Bills
After
FKK
70% 75% 85% 90% 100% 105% 110% 150% Other
and
MRK
Techhnique
38,688,008 23,795,834 14,995,165 - 3,908,264 - - - 188,067,234
38,688,008 6,092,073 274,288 3,101,102 - 149,850,230
-
-
-
-
17,703,761 14,720,876 807,162,20 38,217,003
-
-
-
-
927,641 6,967,997 7,895,639
Net Bills After FKK and MRK
100% Other
Techhnique
26,388,944 76,193,042
Net Bills After FKK and MRK
150% 1250% 5) Other
Techhnique
50,837 - 104,924,987
PT Bank Rakyat Indonesia (Persero) Tbk. 423
Page 424
Management Discussion and Analysis
on Bank Performance
Net Bill (After
Net Bills Report TRA Net Bill (before imposition of FKK
No Risk Weight Financial Position imposition of FKK)
Average FKK
and MRK
Tech)
1 < 40% 390,684,819 7,347,659 2,939,064 388,301,499
2 40%-70% 345,926,457 43,649,715 5,023,213 362,610,310
3 75% 464,082,707 14,966,228 1,034,288 316,677,033
4 85% 130,565,824 59,908,968 4,792,717 151,405,486
5 90%-100% 309,056,603 85,008,966 4,066,290 359,270,407
6 105%-130% 3,655,286 147,669 59,068 3,655,212
7 150% 41,273,045 2,423,612 431,564 40,508,021
8 250% 7,586,390 - - 7,586,390
9 400% - - - -
10 1250% - - - -
11 Total Net Bills 1,692,831,131 213,452,817 18,346,204 1,630,014,358
BRI Consolidated with Subsidiaries
Portfolio Category 0% 20% 50%
1 Claims against Government 302,047,966
Portfolio Category 20% 50%
2 Claims against Public
460,447 162,879,964
Sector Entities
Portfolio Category 0% 20% 30% 50%
3 Claims against Multilateral
Development Banks and
International Institutions
Portfolio Category 20% 30% 40% 50% 75%
4 Claims against Banks 5,606,575 425,042 - 93,682,220 219,546
Claims to Securities
Companies and Other
772,233 295,104 - 526,877 145,852
Financial Services
Institutions 1)
Portfolio Category 10% 15% 20% 25% 35%
5 Claims on Covered
Bonds
424 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 425
Annual Report
2025
Net Bills After FKK and MRK
100% 150% Other
Techhnique
296,401,489
Net Bills After FKK and MRK
100% 150% Other
Techhnique
1,289,664 0 163,845,368
Net Bills After FKK and MRK
100% 150% Other
Techhnique
Net Bills After FKK and MRK
100% 150% Other
Techhnique
44,921 1,809,486 95,622,715
56,344 3,104,380 4,128,557
Net Bills After FKK and MRK
50% 100% Other
Techhnique
PT Bank Rakyat Indonesia (Persero) Tbk. 425
Page 426
Management Discussion and Analysis
on Bank Performance
Portfolio Category 20% 50% 65% 5) 75% 80% 85% 100%
6 Receivables to General
107,189 260,282 - 400,449 0 49221962,4 231,868,791
Corporations 2)
Receivables from
securities companies
and other financial
services institutions 3)
Special Financing
- - - - 0 0 19,855,167
Exposure 4)
Portfolio Category 100% 150%
7 Receivables in the form of
Securities/ Subordinated
20,000 30,856
Receivables, Equity and
Other Capital Instruments
Portfolio Category 100% 150%
8 Other Capital Instruments
Bills on Micro Businesses,
20,000 30,856
Small Businesses, and
Retail Portfolios
Portfolio Category 0% 5) 20% 25% 30% 35% 40% 45% 50% 60% 65% 5)
9 Property Backed Loans 30,360,260 8,313,932 25,529,688 27,312,224 0 22,406,621 6,715,213
Residential Property-
Backaged Loans whose
Payments Are Not Materially 30,360,260 8,313,932 25,529,688 27,312,224 0 22,406,621 0
Dependent on Property
Cash Flow
without credit sharing
0
approach
using a credit sharing
0
approach (guaranteed)
using a credit sharing
0
approach (guaranteed)
Residential Property-
Backaged Loans whose
Payments Depend 0
Materially on the Property’s
Cash Flows
Commercial Property-
Backed Loans Where
Payments Are Not Materially 6,715,213
Dependent on Property
Cash Flows
without credit sharing
approach
using a credit sharing
approach (guaranteed)
using a credit sharing
approach (guaranteed)
426 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 427
Annual Report
2025
Net Bills After FKK and MRK
130% 150% Other
Techhnique
- 2,662,371 262,395,990
3,714,354 - 22,037,585
Net Bills After FKK and MRK
250% 400% 5) Other
Techhnique
8,879,988 0 7,606,390
Net Bills After FKK and MRK
250% 400% 5) Other
Techhnique
8,879,988 0 7,606,390
Net Bills
After
FKK
70% 75% 85% 90% 100% 105% 110% 150% Other
and
MRK
Techhnique
38,688,008 23,966,640 15,102,411 3,908,264 188,067,234
38,688,008 6,251,024 338,846 3,101,102 149,850,230
0 0 0
0 0 0
0 0 0
0 0 0
17,715,616 14,763,565 807,162 38,217,003
PT Bank Rakyat Indonesia (Persero) Tbk. 427
Page 428
Management Discussion and Analysis
on Bank Performance
Portfolio Category 0% 5) 20% 25% 30% 35% 40% 45% 50% 60% 65% 5)
Commercial Property-
Backed Loans Where
Payments Depend
Materially on the Property’s
Cash Flows
Land Acquisition,
Land Processing and
Construction Loan
Portfolio Category 0% 20%
10 Claims That Have Been Due 14,983,234 37,204,233
Portfolio Category 0% 20% 100%
11 Other Assets 32,443,932 106,593,276
Net Bill (After
Net Bills Report TRA Net Bill (before imposition of FKK
No Risk Weight Financial Position imposition of FKK)
Average FKK
and MRK
Tech)
1 < 40% 403,423,305 13,483,380 2,707,300 397,532,250
2 40%-70% 348,096,246 134,251,880 5,446,265 342,113,891
3 75% 642,343,656 - 589,844 350,571,483
4 85% 130,667,702 - 2,612,255 127,543,222
5 90%-100% 349,633,134 65,833,228 3,673,551 333,112,703
6 105%-130% 3,655,286 - 300,621 3,596,144
7 150% 41,718,583 - 259,280 39,653,682
8 250% 8,879,988 - - 8,879,988
9 400% - - - -
10 1250% - - - -
11 Total Net Bills 1,928,417,901 213,568,488 15,589,116 1,603,003,363
Additional Disclosure
Qualitative Disclosure on Counterparty Credit Risk (CCRA)
Counterparty credit risk is the credit risk arising from certain types of transactions that generally have the following characteristics:
a. The transaction is affected by movements in fair value or market value;
b. The fair value of the transaction is influenced by movements in certain market variables;
c. The transaction results in the exchange of cash flows or financial instruments; and
d. The risk characteristics are bilateral, namely::
1) If the fair value of the contract is positive, the Bank is exposed to credit risk from the counterparty; or If
2) the fair value of the contract is negative, the counterparty is exposed to credit risk from the Bank.
428 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 429
Annual Report
2025
Net Bills
After
FKK
70% 75% 85% 90% 100% 105% 110% 150% Other
and
MRK
Techhnique
997,600 8,574,724 7,895,639
Net Bills After FKK and MRK
100% Other
Techhnique
26,480,673 76,193,042
Net Bills After FKK and MRK
150% 1250% 5) Other
Techhnique
55,674 104,924,987
Credit risk arising from counterparty default may occur in repo transactions, reverse repo transactions, and derivative
transactions. In the calculation of the Minimum Capital Adequacy Requirement (KPMM), BRI applies the Standardized Approach
to calculate credit risk arising from counterparty default (counterparty credit risk).
Counterparty Credit Risk Exposure Analysis (CCR1)
a b c d e f
Alpha
Potential Used
Indonesia Net Claims
Replacement Future for
EEPE (1.4 × [RC + RWA
Cost (RC) Exposure Regulatory
PFE])
(PFE) EAD
Calculation
1 SA-CCR (for Derivatives) 2,385,112 5,022,245 1.4 10,464,397 3,409,250
Internal Model Method
2
(for Derivatives and SFTs)
Simple Approach for
3 Credit Risk Mitigation (for
SFTs)
Comprehensive Approach
4 for Credit Risk Mitigation
(for SFTs)
5 VaR for SFT
6 Total 3,409,250
Qualitative Analysis
–
PT Bank Rakyat Indonesia (Persero) Tbk. 429
Page 430
Management Discussion and Analysis
on Bank Performance
CCR Exposure by Portfolio Category and Risk Weight (CCR3)
Risk Weight
a b c d e f g h i
Portfolio Category
Total Net
0% 10% 20% 50% 75% 100% 150% Others
Claims
Claims on Government and
- - - - - - - - 594
Central Bank
Claims on Public Sector
- - - - - - - - -
Entities
Claims on Multilateral
Development Banks and - - - - - - - - -
International Institutions
Claims on Other Banks - - - 243,002 664,920 - - - 907,922
Claims on Securities
- - - - - - - - -
Companies
Claims on Corporates - - - - - - - - -
Claims on Micro, Small
Enterprises, and Retail - - - - - - - - -
Portfolio
Claims on Other Assets - - - - - - - - -
Total 594 - - 243,002 664,920 - - - 908,516
Qualitative Analysis
–
Net Credit Derivative Claims (CCR6)
a b
Purchased Protection Sold Protection
Notional - -
Single-name credit default swaps - -
Index credit default swaps - -
Total return swaps - -
Credit options - -
Other Credit Derivatives - -
Total notional - -
Fair Value - -
Positive Fair Value (Assets) - -
Negative Fair Value (Liabilities) - -
Qualitative Analysis
–
430 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 431
Annual Report
2025
Qualitative Disclosure on Securitization Exposures (SECA)
BRI Has No Securitization Exposures (SECA)
Securitization Exposures in the Banking Book (SEC1)
a b c e f g i j k
Bank as Originator Bank as Sponsor Bank as Investor
Traditional Synthetic Subtotal Traditional Synthetic Subtotal Traditional Synthetic Sub-total
Retail (Total) –
1 - - - - - - - - -
Among Others
2 Housing Loans - - - - - - - - -
3 Credit Cards - - - - - - - - -
Other Retail
4 - - - - - - - - -
Exposures
5 Resecuritization - - - - - - - - -
Wholesale (total)
6 - - - - - - - - -
– of which
7 Corporate Loans - - - - - - - - -
Commercial
8 - - - - - - - - -
Loans
Leases and
9 - - - - - - - - -
Receivables
10 Other wholesale - - - - - - - - -
11 Resecuritization - - - - - - - - -
Qualitative Analysis
–
Securitization Exposures in the Trading Book (SEC2)
a b c e f g i j k
Bank as Originator Bank as Sponsor Bank as Investor
Traditional Synthetic Subtotal Traditional Synthetic Subtotal Traditional Synthetic Sub-total
Retail (Total) –
1 - - - - - - - - -
Among Others
2 Housing Loans - - - - - - - - -
3 Credit Cards - - - - - - - - -
Other Retail
4 - - - - - - - - -
Exposures
5 Resecuritization - - - - - - - - -
Wholesale (total)
6 - - - - - - - - -
– of which
PT Bank Rakyat Indonesia (Persero) Tbk. 431
Page 432
Management Discussion and Analysis
on Bank Performance
a b c e f g i j k
Bank as Originator Bank as Sponsor Bank as Investor
Traditional Synthetic Subtotal Traditional Synthetic Subtotal Traditional Synthetic Sub-total
7 Corporate Loans - - - - - - - - -
Commercial
8 - - - - - - - - -
Loans
Leases and
9 - - - - - - - - -
Receivables
10 Other wholesale - - - - - - - - -
11 Resecuritization - - - - - - - - -
Qualitative Analysis
–
Securitization Exposures in the Banking Book and Related Capital Requirements – Banks Acting
as Originator or Sponsor (SEC3)
a b c d e f g
Exposure Values
Exposure Value (Based on Risk Weighted ) / (Based on Regulatory
Approach)
>20% to >50% to >100% to
≤20% IRB RBA
50% 100% <1250% 1250%
Risk (including IRB SFA
Risk Risk Risk Risk
Weight IAA)
Weight Weight Weight Weight
1 Total Exposure 0 0 0 0 0 0 0
2 Traditional Securitization 0 0 0 0 0 0 0
3 Dimana Securitization 0 0 0 0 0 0 0
4 With Retail Underlying 0 0 0 0 0 0 0
5 With wholesale 0 0 0 0 0 0 0
6 Dimana Resecuritization 0 0 0 0 0 0 0
7 Senior 0 0 0 0 0 0 0
8 Non-senior 0 0 0 0 0 0 0
9 Synthetic Securitization 0 0 0 0 0 0 0
10 Dimana Securitization 0 0 0 0 0 0 0
11 With Retail Underlying 0 0 0 0 0 0 0
12 With wholesale 0 0 0 0 0 0 0
13 Dimana Resecuritization 0 0 0 0 0 0 0
14 Senior 0 0 0 0 0 0 0
15 Non-senior 0 0 0 0 0 0 0
Qualitative Analysis
–
432 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 433
Annual Report
2025
h i j k l m n o p q
Exposure Values
RWA
(Based on Regulatory Capital charge after cap
(Based on Regulatory Approach)
Approach)
IRB RBA IRB RBA
SA/SSFA 1250% (including IRB SFA SA/SSFA 1250% (including IRB SFA SA/SSFA 1250%
IAA) IAA)
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
PT Bank Rakyat Indonesia (Persero) Tbk. 433
Page 434
Management Discussion and Analysis
on Bank Performance
Securitization Exposures in the Banking Book and Related Capital Requirements – Banks Acting
as Investor (SEC4)
a b c d e f g
Exposure Values
Exposure Value (Based on Risk Weighted ) / (Based on Regulatory
Approach)
>20% to >50% to >100% to
≤20% IRB RBA
50% 100% <1250% 1250%
Risk (including IRB SFA
Risk Risk Risk Risk
Weight IAA)
Weight Weight Weight Weight
1 Total Exposure 0 0 0 0 0 0 0
2 Traditional Securitization 0 0 0 0 0 0 0
3 Dimana Securitization 0 0 0 0 0 0 0
4 With Retail Underlying 0 0 0 0 0 0 0
5 With wholesale 0 0 0 0 0 0 0
6 Dimana Resecuritization 0 0 0 0 0 0 0
7 Senior 0 0 0 0 0 0 0
8 Non-senior 0 0 0 0 0 0 0
9 Synthetic Securitization 0 0 0 0 0 0 0
10 Dimana Securitization 0 0 0 0 0 0 0
11 With Retail Underlying 0 0 0 0 0 0 0
12 With wholesale 0 0 0 0 0 0 0
13 Dimana Resecuritization 0 0 0 0 0 0 0
14 Senior 0 0 0 0 0 0 0
15 Non-senior 0 0 0 0 0 0 0
Qualitative Analysis
–
Market Risk
Disclosure of Market Risk Using Standard Methods (MR1)
BRI Individually
(in IDR million)
Standard Approach Capital Standard Approach Capital
Risk
Expense December 31, 2025 Expense December 31, 2024
GIRR Risk 745,043.75 701,934.44
Non-securitization CSR Risk 357,838.72 479,718.24
Non-CTP Securitization CSR Risk - -
CTP Securitization CSR Risk - -
434 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 435
Annual Report
2025
h i j k l m n o p q
Exposure Values
RWA
(Based on Regulatory Capital charge after cap
(Based on Regulatory Approach)
Approach)
IRB RBA IRB RBA
SA/SSFA 1250% (including IRB SFA SA/SSFA 1250% (including IRB SFA SA/SSFA 1250%
IAA) IAA)
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
Standard Approach Capital Standard Approach Capital
Risk
Expense December 31, 2025 Expense December 31, 2024
Equity Risk - -
Commodity Risk - -
Foreign Exchange Risk 671,105.94 805,030.47
DRC - non-securitization 17,065.94 178,841.92
DRC - non-CTP securitization - -
DRC - CTP securitization - -
Total 1,791,054.35 2,165,525.07
PT Bank Rakyat Indonesia (Persero) Tbk. 435
Page 436
Management Discussion and Analysis
on Bank Performance
BRI Consolidated with Subsidiaries
(in IDR million)
Standard Approach Capital Standard Approach Capital
Risk
Expense December 31, 2025 Expense December 31, 2024
GIRR Risk 751,280.43 705,991.02
Non-securitization CSR Risk 362,341.47 484,460.46
Non-CTP Securitization CSR Risk - -
CTP Securitization CSR Risk - -
Equity Risk 104,789.35 96,027.85
Commodity Risk 550,746.61 256,100.61
Foreign Exchange Risk 697,356.10 943,671.17
DRC - non-securitization 35,043.15 201,434.23
DRC - non-CTP securitization 0 -
DRC - CTP securitization 0 -
Total 2,501,557.11 2,687,685.34
CVA Risk
1. CVA Risk Management Process Derivative transaction activities were carried out by
CVA risk is the risk of loss arising from changes in the the Business Treasury Unit and monitored by the Risk
CVA value as a result of changes in the counterparty’s Management Unit (Market, Portfolio and Enterprise
loan spread and market risk factors that affect the price Risk). BRI regularly sets and reviews limits for derivative
of derivative transactions. transactions through pre-settlement risk limits, treasury
activity transaction limits and market risk limits.
BRI has implemented a market risk management process
including for CVA risk in accordance with the principles of 2. CVA Method
implementing risk management regulated in the general BRI uses the simplified basic approach method (BA-CVA)
risk management policy and based on the Three Lines in calculating the capital burden for CVA risk. The BA-
Model where the Board of Commissioners and Board CVA approach calculates and sums up all counterparties
of Directors act as the governing body and the Three included in the scope of the CVA Calculation in
Lines of Defense consisting of the Operational Business accordance with regulatory provisions.
Unit, Risk Management Business Unit and Internal Audit
Business Unit.
Simplified BA-CVA (CVA 1)
BRI Individually
(in IDR million)
Component ATMR BA-CVA
Risk
a b
CVA Systematic Component Aggregation 117,886.08
Idiosyncratic CVA Risk Component Aggregation 48,864.92
Total 589,559.13
436 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
BRI Consolidated with Subsidiaries
(in IDR million)
Component ATMR BA-CVA
Risk
a b
CVA Systematic Component Aggregation 117,886.08
Idiosyncratic CVA Risk Component Aggregation 48,864.92
Total 589,559.13
Interest Rate Risk In Banking Book
IRRBB Calculation Report – Individual
(in IDR million)
∆ EVE ∆ NII
Period
T T-1 T T-1
Parallel Up (19,199,538) (18,067,862) (16,826,008) (17,128,710)
Parallel Down 19,872,671 18,712,549 16,598,169 16,786,955
Steepener (10,359,422) (9,889,637)
Flattener 5,716,514 5,517,805
Short Rate Up (3,721,658) (3,394,319)
Short Rate Down 3,734,584 3,406,230
Negative Maximum Value (absolute) 19,199,538 18,067,862 16,826,008 17,128,710
Tier 1 Capital (for Δ EVE) or Projected Income
244,158,213 251,199,234 107,923,941 100,347,386
(for Δ NII)
Maximum Value divided by Tier 1 Capital (for Δ EVE)
7.86% 7.19% 15.59% 17.07%
or Projected Income (for Δ NII)
Implementation of Risk Management for IRRBB Report – Individual
Qualitative Analysis
1 Interest Rate Risk in the Banking Book (IRRBB) is a risk resulting from movements in interest rates in the market that are contrary to the
position of the Banking Book, which has the potential to have an impact on BRI’s capital and profitability both now and in the future. The
risk of movement in BRI interest rates occurs because asset interest rates adjust more slowly than liability interest rates. This risk is due
to BRI’s asset composition which is dominated by fixed interest rates and has longer repricing maturities.
2 In mitigating IRRBB risk, BRI formulates a strategy for managing the impact of interest rate movements through the Asset and Liability
Management (ALCO) and Risk Management Committee (RMC) committees. ALCO is held every month to discuss asset and liability
management strategies, including balanced pricing, assets allocation, funding mix, gap management and capital management. RMC is
carried out regularly every month with discussion of updated market conditions, market risk profiles and the latest risk issues.
3 BRI calculates IRRBB quarterly using the Economic Value of Equity (EVE) and Net Interest Income (NII) methods. The EVE method used
a longterm perspective in calculating the sensitivity of interest rates to BRI Tier 1 capital. This EVE method has been in accordance with
the guidelines from the Otoritas Jasa Keuangan. Meanwhile, the NII method applies a short-term perspective in calculating the sensitivity
of interest rates to BRI’s estimated income in the next year.
4 The scenario used in calculating IRRBB was as follows:
a) Parallel Up (400 bps)
b) Parallel Down (400 bps)
c) Steepener (350 bps)
d) Flattener (350 bps)
e) Short Rate Up (500 bps)
f) Short Rate Down (500 bps)
PT Bank Rakyat Indonesia (Persero) Tbk. 437
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Management Discussion and Analysis
on Bank Performance
Qualitative Analysis
5 In calculating IRRBB, BRI applies the following main modeling and parametric assumptions:
a) Cash flow calculations, instruments with floating interest rates use risk free sourced from Government Bonds IDR and Government
Bonds USD. The margin used was sourced from the average margin of each instrument. Meanwhile, instruments with fixed interest
rates used the effective interest rate as the basis for determining cash flow.
b) Non Maturity Deposit (NMD) accounts consisting of current accounts and savings were placed in the overnight time bucket, 3 - 4
year time bucket and 4 - 5 year time bucket in accordance with the maximum caps determined by the regulator. NMD placed in the
longest time bucket becomes a BRI core fund which has a lower interest rate sensitivity than non-core funds placed in the overnight
time bucket.
c) Determining prepayment risk based on historical data according to loan segments and products within a period considered
adequate. The baseline calculation of the prepayment percentage is the average of the total loan balances paid off before maturity
to the total loan balances in each segment. Meanwhile, in determining early redemption, the method uses a historical approach to
the report position to determine the deposit balance paid off before maturity within a certain period of time against the total deposit
balance for the current month.
d) Apart from modeling prepayment risk and early redemption, BRI also determines internal modeling for NPL accounts. Commercial
Retail NPL with a maximum ceiling of IDR5 billion was placed in a time bucket of 3.5 years. Meanwhile, Medium Corporate NPLs with
a ceiling above IDR5 billion were placed in the 3 year time bucket. NPL accounts were non-rate where the estimated cash flow did
not take interest into account.
e) IRRBB calculations used rupiah and USD. Foreign currencies other than these currencies were aggregated into the USD calculation.
Quantitative Analysis
1 Current accounts and savings are savings that do not have a term and contractually have an overnight maturity. Meanwhile, behaviorally,
BRI places current and savings accounts in the overnight time bucket, 3 - 4 year time bucket and 4 - 5 year time bucket. Distribution of
BRI Non Maturity Deposits according to the time period of December 31, 2025:
a. Current Account; Overnight time bucket (60.78%), 3 - 4 year time bucket (31.04%) and 4 - 5 year time bucket (8.18%).
b. Savings; Overnight time bucket (22.28%) and 4 - 5 year time bucket (77.72%).
IRRBB Calculation Report – Consolidated
(in IDR million)
∆ EVE ∆ NII
Period
T T-1 T T-1
Parallel Up (19,435,984) (18,397,018) (17,071,059) (16,732,105)
Parallel Down 20,115,300 19,065,641 16,843,221 16,317,933
Steepener (10,465,005) (10,136,731)
Flattener 5,764,642 5,689,086
Short Rate Up (3,785,481) (3,402,258)
Short Rate Down 3,798,708 3,413,896
Negative Maximum Value (absolute) 19,435,984 18,397,018 17,071,059 16,732,105
Tier 1 Capital (for Δ EVE) or Projected Income
247,532,865 241,789,319 108,920,762 102,780,852
(for Δ NII)
Maximum Value divided by Tier 1 Capital
7.85% 7.61% 15.67% 16.28%
(for Δ EVE) or Projected Income (for Δ NII)
Implementation of Risk Management for IRRBB Report – Consolidated
Qualitative Analysis
1 Interest Rate Risk in The Banking Book (IRRBB) is a risk due to interest rate movements in the market due to being contrary to the Banking
Book position which has the potential to impact BRI’s capital and profitability both now and in the future. BRI’s interest rate movement
risk occurs because the adjustment of asset interest rates is slower than the adjustment of liability interest rates due to BRI’s asset
composition, which is dominated by fixed interest rates and has longer re-pricing maturities.
2 In mitigating IRRBB risk, BRI formulates a strategy for managing the impact of interest rate movements through the Assets and Liability
Management (ALCO) committee and the Integrated Risk Management Committee (RMC). ALCO is held every month to discuss asset and
liability management strategies, including balanced pricing, assets allocation, funding mix, gap management and capital management.
Meanwhile, Integrated RMC is carried out bank wide with subsidiary companies to discuss market risk profile assessments and the latest
risk issues.
438 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Qualitative Analysis
3 BRI calculates the Consolidated IRRBB semi-annually using the Economic Value of Equity (EVE) and Net Interest Income (NII) methods.
The EVE method uses a long-term perspective in calculating interest rate sensitivity to BRI Tier 1 capital and has been adjusted to the
guidelines from the Otoritas Jasa Keuangan. Meanwhile, the NII method uses a short-term perspective in calculating the sensitivity of
interest rates to BRI’s estimated income in one year.
4 The scenario used in calculating BRI’s IRRBB is as follow:
a) Parallel Up (400 bps)
b) Parallel Down (400 bps)
c) Steepener (350 bps)
d) Flattener (350 bps)
e) Short Rate Up (500 bps)
f) Short Rate Down (500 bps)
5 a) In calculating cash flows, instruments for assets and liabilities with floating interest rates use risk free sources from Government
Bonds IDR and Government Bonds USD. The margin used comes from the average margin of each instrument segment. Asset and
liability instruments with fixed interest rates use the yield reference charged on the instrument as the basis for determining cash
flow.
b) Non Maturity Deposit (NMD) accounts, namely current and savings accounts placed on an overnight period, a time scale of 3 - 4
years and 4 - 5 years in accordance with the maximum caps determined by the regulator. NMD placed on the longest time scale is
a BRI core fund which has a lower interest rate sensitivity than non-core funds placed on an overnight time scale.
c) Determining prepayment risk based on historical data according to loan segments and products within a period that is considered
adequate. The baseline calculation of the prepayment percentage is the average of the total loan balances paid off before maturity
to the total loan balances per each segment. Meanwhile, in determining early redemption, use a historical approach with adequate
data sources and other relevant approaches. The baseline percentage used in early redemption is the deposit balance that is paid
off before maturity within a certain period of time against the total deposit balance for the current month.
d) IRRBB calculations use rupiah and USD. All currencies other than these currencies are aggregated into the USD calculation.
Quantitative Analysis
1 Current accounts and savings are savings that do not have a term and contractually have an overnight maturity. Behaviorally, BRI
consolidatedly places current and savings accounts as of December 31, 2025 in 3 separate time buckets, namely:
a. Overnight (non corefund), Current Account (60.80%) and Savings (22.43%)
b. 3 - 4 years (corefund), Current Account (31.04%) and Savings (0.01%)
c. 4 - 5 years (corefund), Current Account (8.16%) and Savings (77.57%)
PT Bank Rakyat Indonesia (Persero) Tbk. 439
Page 440
Management Discussion and Analysis
on Bank Performance
Liquidity Risk
Liquidity Coverage Ratio (LCR) Calculation Report
Individual
Reporting Date Standing Previously Reporting Date Standing
HQLA value after HQLA value after
No Component Outstanding value haircut, outstanding haircut, outstanding
Outstanding value
of obligations and obligations and obligations and
of obligations and
commitments/ commitments multiplied commitments multiplied
commitments/
value of by run-off rate or by run-off rate or
value of
contractual contractual receivable contractual receivable
contractual claims
claims value multiplied by value multiplied by
inflow rate. inflow rate.
Number of data points
1 92 days 92 days
used in LCR calculations
HIGH QUALITY LIQUID ASSET (HQLA)
Total High Quality Liquid
2 333,549,806 362,148,941
Asset (HQLA)
CASH OUTFLOW
Individual customer deposits
and funding from Micro
3 654,593,819 37,483,070 646,103,606 37,087,749
Business and Small Business
customers, consisting of:
a. Stable savings/funding 559,526,234 27,976,312 550,452,241 27,522,612
b. Less stable Savings/
95,067,585 9,506,759 95,651,364 9,565,136
Funding
Funding from corporate
4 653,530,350 201,734,182 645,543,335 205,994,234
customers consists of:
a. Operational savings 411,559,620 102,060,310 363,450,601 90,178,439
b. Non-operational savings
and/or other non- 240,263,530 97,966,672 281,166,932 114,889,992
operational liabilities
c. Securities in the form of
debt securities issued by 1,707,200 1,707,200 925,802 925,802
banks
Funding with collateral
5 27,759,165 0 18,852,207 0
(secured funding)
Other cash outflows
6 (additional requirements), 396,344,461 103,934,239 362,505,165 73,965,071
consisting of:
a. Cash outflow on
74,289,306 74,289,306 50,280,364 50,280,364
derivative transactions
b. Cash outflow due to
0 0 0 0
increased liquidity needs
c. Cash outflow due to loss
0 0 0 0
of funding
d. Cash outflow from
drawdown of loan facility
120,731,120 10,965,221 116,295,742 10,539,018
commitments and liquidity
facilities
e. Cash outflow for other
contractual obligations
0 0 0 0
related to distribution of
funds
f. Cash outflow of other
funding contingent 188,293,117 5,648,794 188,436,465 5,653,094
liabilities
g. Other contractual cash
13,030,917 13,030,917 7,492,595 7,492,595
outflows
7 TOTAL CASH OUTFLOW 343,151,491 317,047,053
440 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 441
Annual Report
2025
(in IDR million)
Consolidation
Reporting Date Standing Previously Reporting Date Standing
HQLA value after
HQLA value after haircut,
haircut,
outstanding obligations and
Outstanding value of Outstanding value of outstanding obligations and
commitments multiplied by
obligations obligations commitments multiplied by
runoff rate or contractual
and commitments/value of and commitments/value of run-off
receivable
contractual claims contractual claims rate or contractual receivable
value multiplied by
value multiplied by
inflow rate.
inflow rate.
92 days 92 days
339,473,424 367,870,393
658,020,323 37,735,031 649,029,115 37,295,000
561,340,020 28,067,001 552,158,239 27,607,912
96,680,303 9,668,030 96,870,876 9,687,088
656,913,431 203,376,542 649,406,942 207,826,403
412,047,855 102,177,649 364,195,952 90,359,856
243,158,376 99,491,694 284,285,189 116,540,745
1,707,200 1,707,200 925,802 925,802
27,759,165 0 18,865,756 0
396,910,231 104,352,924 363,271,887 74,596,385
74,289,306 74,289,306 50,280,364 50,280,364
0 0 0 0
0 0 0 0
120,901,214 10,988,230 116,455,394 10,563,263
395,676 395,676 607,069 607,069
188,293,117 5,648,794 188,436,465 5,653,094
13,030,917 13,030,917 7,492,595 7,492,595
345,464,497 319,717,787
PT Bank Rakyat Indonesia (Persero) Tbk. 441
Page 442
Management Discussion and Analysis
on Bank Performance
Individual
Reporting Date Standing Previously Reporting Date Standing
HQLA value after HQLA value after
No Component Outstanding value haircut, outstanding haircut, outstanding
Outstanding value
of obligations and obligations and obligations and
of obligations and
commitments/ commitments multiplied commitments multiplied
commitments/
value of by run-off rate or by run-off rate or
value of
contractual contractual receivable contractual receivable
contractual claims
claims value multiplied by value multiplied by
inflow rate. inflow rate.
CASH INFLOW
Loans with collateral Secured
8 803,739 0 4,450,466 0
lending
9 Bill from the counterparty 44,794,582 22,397,307 44,861,497 22,430,768
10 Other cash inflows 74,065,720 74,065,720 50,417,915 50,417,915
11 TOTAL CASH INFLOW 96,463,027 72,848,682
TOTAL ADJUSTED VALUE TOTAL ADJUSTED VALUE
12 TOTAL HQLA 333,549,806 362,148,941
TOTAL NET CASH
13 246,688,464 244,198,371
OUTFLOWS
14 LCR (%) 135.21% 148.30%
Information:
1 Adjusted values are calculated after applying haircuts, run-off rates and inflow rates as well as maximum limits for HQLA components, for example the maximum limit
for HQLA Level 2B and HQLA Level 2 as well as the maximum limit for cash inflow that can be considered in the LCR.
Individual Analysis
• The Liquidity Coverage Ratio (LCR) of BRI on an individual basis for Q4 2025 stood at 135.21%, representing a decrease of 13.09%
compared to the Q3 2025 position of 148.30%. The decline in this ratio was primarily attributable to:
a. A decrease in High Quality Liquid Assets (HQLA) of IDR28.60 trillion or 7.90%, primarily driven by a decline in placements with Bank
Indonesia, securities issued by the Central Government and Bank Indonesia amounting to IDR29.38 trillion, partially offset by an
increase in Level 2 HQLA components of IDR0.55 trillion.
b. An increase in Net Cash Outflow (NCO) of IDR2.49 trillion or 1.02%, representing the difference between Cash Outflows and Cash
Inflows. Total Cash Outflows increased, mainly due to higher withdrawals related to other cash outflows (additional requirements)
amounting to IDR29.97 trillion, increased withdrawals for micro and small business financing of IDR0.23 trillion, and increased
withdrawals of retail customer deposits of IDR0.16 trillion. Meanwhile, Total Cash Inflows also increased, primarily due to higher other
cash inflows arising from derivative transactions amounting to IDR23.65 trillion.
• The composition of BRI’s HQLA is predominantly comprised of Level 1 assets amounting to Rp331.05 trillion or 99.25%, consisting of cash,
liquidity reserves with Bank Indonesia (statutory reserves and placements with Bank Indonesia), and securities classified as Level 1 assets.
Meanwhile, Level 2 assets accounted for Rp2.50 trillion or 0.75% of the total HQLA composition.
• The majority of BRI’s funding sources (Bank Only) during Quarter IV 2025 came from CASA amounting to 70.89% with the following
composition:
Funding Source Components Composition
Demand Deposits 30.83%
Savings 40.06%
CASA 70.89%
Deposits 29.11%
Total 100.00%
• BRI has established liquidity management strategies, early warning indicators, and a contingency funding plan in relation to liquidity
risk. Liquidity risk management, the establishment and monitoring of limits as liquidity early warning indicators, as well as the periodic
implementation of liquidity stress testing are carried out by the Risk Management working unit. BRI has also established a documented
action plan (recovery plan) as part of the implementation of sound risk management in accordance with regulatory requirements.
442 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 443
Annual Report
2025
Consolidation
Reporting Date Standing Previously Reporting Date Standing
HQLA value after
HQLA value after haircut,
haircut,
outstanding obligations and
Outstanding value of Outstanding value of outstanding obligations and
commitments multiplied by
obligations obligations commitments multiplied by
runoff rate or contractual
and commitments/value of and commitments/value of run-off
receivable
contractual claims contractual claims rate or contractual receivable
value multiplied by
value multiplied by
inflow rate.
inflow rate.
803,739 0 4,450,466 0
46,890,241 23,448,873 46,681,171 23,347,544
74,093,897 74,079,809 50,443,595 50,430,755
97,528,682 73,778,299
TOTAL ADJUSTED VALUE1 TOTAL ADJUSTED VALUE1
339,473,424 367,870,393
247,935,815 245,939,488
136.92% 149.58%
Consolidated Analysis
• The Liquidity Coverage Ratio (LCR) of BRI on a consolidated basis for Q4 2025 stood at 136.92%, representing a decrease of 12.66%
compared to the Q3 2025 position of 149.58%. The decline in this ratio was primarily attributable to:
a. A decrease in High Quality Liquid Assets (HQLA) of IDR28.40 trillion or 7.72%, primarily driven by a decline in placements with Bank
Indonesia and securities issued by the Central Government and Bank Indonesia amounting to IDR29.20 trillion, partially offset by an
increase in Level 2 HQLA components of IDR0.57 trillion.
b. An increase in Net Cash Outflow (NCO) of IDR2.00 trillion or 0.81%, representing the difference between Cash Outflows and Cash
Inflows. Total Cash Outflows increased, mainly due to higher withdrawals related to other cash outflows (additional requirements)
amounting to IDR29.76 trillion, increased withdrawals for micro and small business financing of IDR0.24 trillion, and increased
withdrawals of retail customer deposits of IDR0.20 trillion. Meanwhile, Total Cash Inflows decreased, primarily due to lower other cash
inflows arising from derivative transactions amounting to IDR23.65 trillion.
• The composition of BRI’s consolidated HQLA is predominantly comprised of Level 1 assets amounting to Rp336.67 trillion or 99.17%,
consisting of cash, liquidity reserves with Bank Indonesia (statutory reserves and placements with Bank Indonesia), and securities
classified as Level 1 assets. Meanwhile, Level 2 assets accounted for Rp2.80 trillion or 0.83% of the total HQLA composition.
• The majority of BRI (Consolidated) funding sources during Quarter IV 2025 came from CASA amounting to 70.65% with the following composition:
Funding Source Components Composition
Demand Deposits 30.69%
Savings 39.96%
CASA 70.65%
Deposits 29.35%
Total 100.00%
• BRI has consolidatedly set limits related to liquidity risk. Liquidity risk management was carried out by monitoring the liquidity risk limits of
BRI and Subsidiaries as well as carrying out periodic liquidity stress testing.
• BRI regularly coordinated with Subsidiaries regarding monitoring of predetermined liquidity risk limits. In addition, BRI regularly holds
meetings with Subsidiaries in the Integrated Risk Management Committee forum in which one of the agendas was to discuss BRI’s liquidity
conditions on a consolidated basis and discussing follow-up plans for liquidity issues that impact BRI on a consolidated basis.
PT Bank Rakyat Indonesia (Persero) Tbk. 443
Page 444
Management Discussion and Analysis
on Bank Performance
NSFR Report – Individual
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
ASF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
1 CAPITAL
Capital for Commercial Banks Headquartered in
1.1 0 0
Indonesia
1.1.1 Core Capital (Tier 1) 297,456,566 100% 0 n.a
1.1.2 Supplementary Capital (Tier 2) 13,886,214 100% 0 0%
1.2 Capital for KCBA 0 100% 0 0%
1.3 Other Capital Instruments 0 100% 0 0%
2 DEPOSITS FROM INDIVIDUAL CUSTOMERS:
2.1 Stable Deposits 0 0
Demand Deposits and Savings Accounts
2.1.1 501,521,144 95% 0 n.a
(Current Accounts, Savings Accounts)
2.1.2 Time Deposits 0 n.a 85,835,705 95%
2.2 Less Stable Deposits 0 0
Demand Deposits and Savings Accounts
2.2.1 31,093,151 90% 0 n.a
(Current Accounts, Savings Accounts)
2.2.2 Time Deposits 0 n.a 46,806,118 90%
FUNDING FROM MICRO AND SMALL
3
BUSINESS CUSTOMERS:
3.1 Stable Deposits 0 0
Demand Deposits and Savings Accounts
3.1.1 49,337,236 95% 0 n.a
(Current Accounts, Savings Accounts)
3.1.2 Time Deposits 0 n.a 2,976,027 95%
3.2 Less Stable Deposits 0 0
Demand Deposits and Savings Accounts
3.2.1 6,111,529 90% 0 n.a
(Current Accounts, Savings Accounts)
3.2.2 Time Deposits 0 n.a 1,317,110 90%
4 FUNDING FROM CORPORATE CUSTOMERS:
4.1 Operational Deposits 434,163,209 50% 0 50%
Non-operational Deposits and/or Other
4.2 0 0
Non-operational Liabilities Derived from:
4.2.1 Non-financial Corporates 0 0% 192,344,379 50%
4.2.2 Government of Indonesia 0 0% 81,819 50%
4.2.3 Foreign Governments 0 0% 0 50%
4.2.4 Public Sector Entities 0 0% 6,801,914 50%
4.2.5 Multilateral Development Banks 0 0% 0 50%
4.2.6 Bank Indonesia 0 0% 0 0%
4.2.7 Foreign Central Banks 0 0% 0 0%
4.2.8 Financial Institutions 0 0% 68,310,489 0%
4.2.9 Others 0 0% 879,430 0%
444 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 445
Annual Report
2025
(in IDR million)
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
311,342,780
0 0
0 n.a 0 n.a 297,456,566
0 0% 0 100% 13,886,214
0 0% 0 100%
0 0% 0 100%
634,842,288
0 0
0 n.a 0 n.a 476,445,087
3,136,847 95% 661,632 100% 85,185,557
0 0
0 n.a 0 n.a 27,983,836
2,263,920 90% 1,064,774 100% 45,227,808
56,775,684
0 0
0 n.a 0 n.a 46,870,374
264,552 95% 71,705 100% 3,150,255
0 0
0 n.a 0 n.a 5,500,376
57,520 90% 17,512 100% 1,254,679
333,393,870
0 50% 0 100% 217,081,605
0 0 116,312,266
4,906,152 50% 1,499,970 100% 100,125,235
23,609 50% 0 100% 52,714
0 50% 0 100% 0
6,757 50% 361,025 100% 3,765,360
0 50% 0 100% 0
0 50% 0 100% 0
0 50% 0 100% 0
2,078,003 50% 830,365 100% 1,869,367
500,000 50% 10,249,590 100% 10,499,590
PT Bank Rakyat Indonesia (Persero) Tbk. 445
Page 446
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
ASF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
LIABILITIES THAT HAVE A DEPENDENCY
5 0 0% 0 0%
RELATIONSHIP WITH SPECIFIC ASSETS
6 OTHER LIABILITIES AND EQUITY:
6.1 Derivative Liabilities (NSFR) 0
6.2 Deferred Tax Liabilities 0 100% 9,358,987 0%
Non-controlling Interests that do not meet the
6.3 criteria to be included as Common Equity Tier 1 0 100% 0 0%
(Tier 1)
6.4 Trade Date Payables 0 0% 0 0%
Other equity and liabilities not included in the
6.5 above categories, including other liabilities without 62,894,598 0% 41,489,701 0%
maturity*)
7 TOTAL ASF
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
ON-BALANCE SHEET ASSETS
Performing Loans (Current and Special
3.1
Mention) Granted to:
Financial Institutions Secured by Eligible Level
3.1.1 0 24,422
1 HQLA
3.1.1.1 Unencumbered 0 n.a 24,422 10%
3.1.1.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.1.2.1 0 n.a 0 10%
< 6 months
Remaining maturity of asset encumbrance
3.1.1.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.1.2.3 0 n.a 0 100%
≥ 1 year
Financial Institutions Secured by Eligible
3.1.2 0 0
Non-Level 1 HQLA
3.1.2.1 Unencumbered 0 n.a 0 15%
3.1.2.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.2.2.1 0 n.a 0 15%
< 6 months
Remaining maturity of asset encumbrance
3.1.2.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.2.2.3 0 n.a 0 100%
≥ 1 year
446 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 447
Annual Report
2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
0 0% 0 0% 0
9,743,335
0 0% 0
0 50% 0 100% 0
0 50% 0 100% 0
0 0% 0 0% 0
0 50% 9,743,335 100% 9,743,335
1,346,097,957
(in IDR million)
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
968,745,172
0 0 2,442
0 50% 0 100% 2,442
0 0
0 50% 0 100% 0
0 50% 0 100% 0
0 100% 0 100% 0
0 0 0
0 50% 0 100% 0
0 0
0 50% 0 100% 0
0 50% 0 100% 0
0 100% 0 100% 0
PT Bank Rakyat Indonesia (Persero) Tbk. 447
Page 448
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
Financial Institutions and Unsecured Exposures,
Including Placements (Without Maturity and
3.1.3 0 0
With Maturity) with Other Financial Institutions
and Not for Operational Purposes
3.1.3.1 Unencumbered 0 15% 0 15%
3.1.3.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.3.2.1 0 n.a 0 15%
< 6 months
Remaining maturity of asset encumbrance
3.1.3.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.3.2.3 0 n.a 0 100%
≥ 1 year
Non-Financial Corporates, Retail Customers
and Micro and Small Business Customers, the
3.1.4 0 85,997,534
Government of Indonesia, Foreign Governments,
Public Sector Entities, and Other Loans, Including:
Subject to a Risk Weight ≤ 35% under the
3.1.4.1 0 0
Standardized Approach for Credit Risk RWA
3.1.4.1.1 Unencumbered 0 n.a 0 50%
3.1.4.1.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.4.1.2.1 0 n.a 0 50%
< 6 months
Remaining maturity of asset encumbrance
3.1.4.1.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.4.1.2.3 0 n.a 0 100%
≥ 1 year
Subject to a Risk Weight > 35% under the
3.1.4.2 0 85,997,534
Standardized Approach for Credit Risk RWA
3.1.4.2.1 Unencumbered 0 n.a 85,997,534 50%
3.1.4.2.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.4.2.2.1 0 n.a 0 50%
< 6 months
Remaining maturity of asset encumbrance
3.1.4.2.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.4.2.2.3 0 n.a 0 100%
≥ 1 year
Claims (Including Loans) on Bank Indonesia
and Other Central Banks with Remaining
3.1.5 Maturity of Less Than 1 Year, Other Than 0 0
Securities Issued or Guaranteed by Bank
Indonesia and Other Central Banks
3.1.5.1 Unencumbered 0 n.a 0 0%
3.1.5.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.5.2.1 0 n.a 0 0%
< 6 months
Remaining maturity of asset encumbrance
3.1.5.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.5.2.3 0 n.a 0 100%
≥ 1 year
448 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 449
Annual Report
2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
0 0 0
0 50% 0 100% 0
0 0 0
0 50% 0 100% 0
0 50% 0 100% 0
0 100% 0 100% 0
129,756,037 894,230,956 867,973,098
0 0 0
0 50% 0 65% 0
0 0 0
0 50% 0 65% 0
0 50% 0 65% 0
0 100% 0 100% 0
129,756,037 894,230,956 867,973,098
129,756,037 50% 894,230,956 85% 867,973,098
0 0 0
0 50% 0 85% 0
0 50% 0 85% 0
0 100% 0 100% 0
0 0 0
0 50% 0
0 0
0 50% 0
0 50% 0
0 100% 0
PT Bank Rakyat Indonesia (Persero) Tbk. 449
Page 450
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
Claims on Bank Indonesia and Other Central
3.1.6 Banks (e.g., Securities Issued by Bank 0 0
Indonesia and Other Central Banks)
3.1.6.1 Unencumbered 0 n.a 0 0%
3.1.6.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.6.2.1 0 n.a 0 0%
< 6 months
Remaining maturity of asset encumbrance
3.1.6.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.6.2.3 0 n.a 0 100%
≥ 1 year
3.1.7 Residential Mortgage Loans, Including: 0 29,408,897
Subject to a Risk Weight ≤ 35% under the
3.1.7.1 0 7,544,434
Standardized Approach for Credit Risk RWA
3.1.7.1.1 Unencumbered 0 n.a 7,544,434 50%
3.1.7.1.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.7.1.2.1 0 n.a 0 50%
< 6 months
Remaining maturity of asset encumbrance
3.1.7.1.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.7.1.2.3 0 n.a 0 100%
≥ 1 year
Subject to a Risk Weight > 35% under the
3.1.7.2 0 21,864,464
Standardized Approach for Credit Risk RWA
3.1.7.2.1 Unencumbered 0 n.a 21,864,464 50%
3.1.7.2.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.7.2.2.1 0 n.a 0 50%
< 6 months
Remaining maturity of asset encumbrance
3.1.7.2.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.7.2.2.3 0 n.a 0 100%
≥ 1 year
Securities that have not defaulted and
are non-HQLA, and equities traded on
3.2
exchanges and classified as non-HQLA,
subject to certain conditions
3.2.1 Unencumbered 0 n.a 1,431,818 50%
3.2.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.2.2.1 0 n.a 0 50%
< 6 months
Remaining maturity of asset encumbrance
3.2.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
450 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 451
Annual Report
2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
0 0
0 5% 0 5% 0
0 0
0 5% 0 5% 0
0 50% 0 50% 0
0 100% 0 100% 0
40,736,196 87,320,689 100,769,632
11,801,732 42,627,499 37,380,957
11,801,732 50% 42,627,499 65% 37,380,957
0 0 0
0 50% 0 65% 0
0 50% 0 65% 0
0 100% 0 100% 0
28,934,464 44,693,190 63,388,675
28,934,464 50% 44,693,190 85% 63,388,675
0 0 0
0 50% 0 85% 0
0 50% 0 85% 0
0 100% 0 100% 0
9,000,506
989,890 50% 9,164,297 85% 9,000,506
0 0 0
0 50% 0 85% 0
0 50% 0 85% 0
PT Bank Rakyat Indonesia (Persero) Tbk. 451
Page 452
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
Remaining maturity of asset encumbrance
3.2.2.3 0 n.a 0 100%
≥ 1 year
Assets with Matching Interdependent
4
Liabilities
5 Other Assets
5.1 Physical traded commodities, including gold 0 85%
Cash, securities and other assets recorded as
initial margin for derivative contracts and cash Max (85% ,faktor
5.2 0
or other assets contributed as default fund to RSF aset )
a central counterparty (CCP)
5.3 NSFR Derivative Assets 55,690 100%
20% of derivative liabilities before deduction
5.4 0 100%
of variation margin
5.5 Trade Date Receivables 0 0% 0 0%
Loans or financing classified as Substandard,
5.6 0 100% 3,775,719 100%
Doubtful, and Loss (Non-Performing Loans)
5.7 Equities not traded on an exchange 0 n.a 0 100%
5.8 Fixed Assets 0 n.a 0 100%
5.9 Regulatory Capital Deductions 0 n.a 0 100%
5.10 Defaulted Securities 0 n.a 0 100%
mengikuti RSF
5.11 Other encumbered assets 0 aset saat bebas 0
dari segala klaim
Other assets not included in the above
5.12 13,639,828 100% 0 100%
categories)
6 Total Assets 0 0
Off-Balance Sheet Transactions
Commitment obligations in the form of
7 credit facilities and liquidity facilities that are 27,266,638 5%
irrevocable or conditionally revocable
Credit facilities and liquidity facilities that are
8 0 0%
unconditionally revocable
Obligations arising from trade finance
9 instruments (including guarantees and Letters 2,428,004 3%
of Credit (L/C))
Letters of Credit (L/C) and guarantees
10 0 5%
unrelated to trade finance obligations
11 Non-contractual obligations 0 5%
12 Total Off-Balance Sheet Transactions 0 0
13 Total RSF
14 Net Stable Funding Ratio (%)
452 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 453
Annual Report
2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
0 100% 0 100% 0
127,368,222
0
Max (85% ,faktor Max (85%,faktor
0 52,970 45,025
RSF aset ) RSF aset )
0 100% 0 100% 55,690
0 100% 0 100% 0
0 0% 0 0% 0
891,041 100% 7,970,890 100% 12,637,650
0 100% 4,463,270 100% 4,463,270
0 100% 45,366,125 100% 45,366,125
0 100% 51,160,634 100% 51,160,634
0 100% 0 100% 0
0 0 100% 0
0 100% 0 100% 13,639,828
0 0 1,136,768,481
22,014,389 5% 85,423,348 5% 6,735,219
0 0% 0 0% 0
0 3% 0 3% 72,840
0 5% 0 5% 0
0 5% 0 5% 0
0 0 6,808,059
1,143,576,540
117.71%
PT Bank Rakyat Indonesia (Persero) Tbk. 453
Page 454
Management Discussion and Analysis
on Bank Performance
Individual Analysis
(in IDR million)
Ratio Component September 2025 December 2025
Net Stable Funding Ratio (NSFR) Available Stable Funding (ASF) 1,353,728,575 1,346,097,957
Required Stable Funding (RSF) 1,101,459,497 1,143,576,540
NSFR 122.90% 117.71%
The Net Stable Funding Ratio (NSFR) of PT Bank Rakyat Indonesia (Persero) Tbk as of December 2025 was recorded at 117.71%, representing a
decrease of 5.19% compared to the position in September 2025 of 122.90%. The decline was attributable to a decrease in the Available Stable
Funding (ASF) component of IDR7.63 trillion or 0.56%, while the Required Stable Funding (RSF) component increased by IDR42.12 trillion or
3.82%.
Net Stable Funding Ratio (NSFR) Report – Consolidated
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
ASF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
1 CAPITAL
Capital for Commercial Banks Headquartered in
1.1
Indonesia
1.1.1 Core Capital (Tier 1) 300,965,536 100% n.a
1.1.2 Supplementary Capital (Tier 2) 13,956,615 100% 0 0%
1.2 Capital for KCBA 0 100% 0 0%
1.3 Other Capital Instruments 0 100% 0 0%
2 DEPOSITS FROM INDIVIDUAL CUSTOMERS:
2.1 Stable Deposits
Demand Deposits and Savings Accounts
2.1.1 502,354,948 95% n.a
(Current Accounts, Savings Accounts)
2.1.2 Time Deposits n.a 85,879,197 95%
2.2 Less Stable Deposits
Demand Deposits and Savings Accounts
2.2.1 32,539,891 90% n.a
(Current Accounts, Savings Accounts)
2.2.2 Time Deposits n.a 47,122,592 90%
FUNDING FROM MICRO AND SMALL
3
BUSINESS CUSTOMERS:
3.1 Stable Deposits
Demand Deposits and Savings Accounts
3.1.1 49,537,811 95% n.a
(Current Accounts, Savings Accounts)
3.1.2 Time Deposits n.a 2,998,262 95%
3.2 Less Stable Deposits
Demand Deposits and Savings Accounts
3.2.1 6,131,042 90% n.a
(Current Accounts, Savings Accounts)
454 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 455
Annual Report
2025
(in IDR million)
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
314,922,151
0
n.a 0 n.a 300,965,536
0 0% 0 100% 13,956,615
0 0% 0 100%
0 0% 0 100%
637,269,205
n.a n.a 477,237,201
3,137,575 95% 661,955 100% 85,227,888
n.a n.a 29,285,901
2,270,120 90% 1,064,774 100% 45,518,215
58,639,821
n.a n.a 47,060,920
264,612 95% 71,705 100% 3,171,435
n.a n.a 5,517,938
PT Bank Rakyat Indonesia (Persero) Tbk. 455
Page 456
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
ASF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
3.2.2 Time Deposits n.a 3,131,108 90%
4 FUNDING FROM CORPORATE CUSTOMERS:
4.1 Operational Deposits 434,879,398 50% 0 50%
Non-operational Deposits and/or Other
4.2
Non-operational Liabilities Derived from:
4.2.1 Non-financial Corporates 0 0% 195,237,313 50%
4.2.2 Government of Indonesia 0 0% 81,819 50%
4.2.3 Foreign Governments 0 0% 0 50%
4.2.4 Public Sector Entities 0 0% 7,124,414 50%
4.2.5 Multilateral Development Banks 0 0% 0 50%
4.2.6 Bank Indonesia 0 0% 0 0%
4.2.7 Foreign Central Banks 0 0% 0 0%
4.2.8 Financial Institutions 0 0% 69,217,976 0%
4.2.9 Others 0 0% 886,430 0%
LIABILITIES THAT HAVE A DEPENDENCY
5 0% 0%
RELATIONSHIP WITH SPECIFIC ASSETS
6 OTHER LIABILITIES AND EQUITY:
6.1 Derivative Liabilities (NSFR)
6.2 Deferred Tax Liabilities 0 100% 9,358,987 0%
Non-controlling Interests that do not meet the
6.3 criteria to be included as Common Equity Tier 1 0 100% 0 0%
(Tier 1)
6.4 Trade Date Payables 0 0% 0 0%
Other equity and liabilities not included in the
6.5 above categories, including other liabilities without 63,099,209 0% 41,824,762 0%
maturity*)
7 TOTAL ASF
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
ON-BALANCE SHEET ASSETS
1 Total HQLA for NSFR Calculation
1.1 HQLA Level 1
1.1.1 Cash and Cash Equivalents 31,984,262 0% n.a
456 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 457
Annual Report
2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
60,020 90% 17,512 100% 2,889,527
335,359,681
0 50% 0 100% 217,439,699
117,919,982
4,906,152 50% 1,499,970 100% 101,571,702
23,609 50% 0 100% 52,714
0 50% 0 100% 0
6,757 50% 361,025 100% 3,926,610
0 50% 0 100% 0
0 50% 0 100% 0
0 50% 0 100% 0
2,078,003 50% 830,365 100% 1,869,367
500,000 50% 10,249,590 100% 10,499,590
0% 0% 0
9,743,335
0 0% 0
0 50% 0 100% 0
0 50% 0 100% 0
0 0% 0 0% 0
0 50% 9,743,335 100% 9,743,335
1,355,934,194
(Dalam Jutaan Rupiah)
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
10,458,584
10,299,032
n.a n.a 0
PT Bank Rakyat Indonesia (Persero) Tbk. 457
Page 458
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
1.1.2 Placement with Bank Indonesia 35,437,374 0% 677,613 0%
HQLA Level 1 excluding assets that receive
1.1.3
an RSF factor of 0%
1.1.3.1 Unencumbered 0 n.a 36,175,775 5%
Encumbered, based on the remaining
1.1.3.2 0 n.a 21,390,000 5%
maturity of the asset encumbrance
1.2 HQLA Level 2A
1.2.1 Unencumbered 0 n.a 388,217 15%
Encumbered, based on the remaining
1.2.2 0 n.a 0 15%
maturity of the asset encumbrance
1.3 HQLA Level 2B
1.3.1 Unencumbered 0 n.a 0 50%
Encumbered, based on the remaining
1.3.2 0 n.a 10,000 50%
maturity of the asset encumbrance
Deposits or placements with other financial
2
institutions for operational activities
2.1 Unencumbered 42,988,117 50% 507,429 50%
2.2 Encumbered
Remaining maturity of asset encumbrance
2.2.1 0 50% 0 50%
< 6 months
Remaining maturity of asset encumbrance
2.2.2 0 50% 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
2.2.3 0 100% 0 100%
≥ 1 year
Loans classified as Current and Special
3 Mention (performing) and securities that
are not in default
Loans classified as Current and Special
3.1
Mention (performing) granted to:
Financial institutions secured by eligible
3.1.1
HQLA Level 1
3.1.1.1 Unencumbered 0 n.a 24,422 10%
3.1.1.2 Encumbered 0 0
Remaining maturity of asset encumbrance
3.1.1.2.1 0 n.a 0 10%
< 6 months
Remaining maturity of asset encumbrance
3.1.1.2.2 0 n.a 0 50%
≥ 6 months to < 1 year
Remaining maturity of asset encumbrance
3.1.1.2.3 0 n.a 0 100%
≥ 1 year
Financial institutions secured by eligible non-
3.1.2
HQLA Level 1
3.1.2.1 Unencumbered 0 n.a 0 15%
3.1.2.2 Encumbered 0 0
458 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 459
Annual Report
2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
0 0% 0 0% 0
2,651,224 5% 40,586,638 5% 3,970,682
0 50% 5,258,850 100% 6,328,350
154,552
127,923 15% 514,205 15% 154,552
0 50% 0 100% 0
5,000
0 50% 0 50% 0
0 50% 0 100% 5,000
21,747,773
0 50% 0 100% 21,747,773
0 50% 0 100% 0
0 50% 0 100% 0
0 100% 0 100% 0
982,147,347
973,146,841
2,442
0 50% 0 100% 2,442
0 0
0 50% 0 100% 0
0 50% 0 100% 0
0 100% 0 100% 0
0
0 50% 0 100% 0
0 0
PT Bank Rakyat Indonesia (Persero) Tbk. 459
Page 460
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
Remaining maturity of asset encumbrance 0 n.a 0 15%
3.1.2.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.2.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.2.2.3 ≥ 1 year
Financial institutions and unsecured
exposures, including placements (without
3.1.3 maturity and with maturity) with other
financial institutions that are not for
operational activities
3.1.3.1 Unencumbered 0 15% 0 15%
3.1.3.2 Encumbered 0 0
Remaining maturity of asset encumbrance 0 n.a 0 15%
3.1.3.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.3.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.3.2.3 ≥ 1 year
Non-financial corporations, retail customers,
and micro and small enterprise customers,
3.1.4 the Government of Indonesia, foreign
governments, public sector entities, and
other loans, including among others:
Subject to a risk weight ≤ 35% in the
3.1.4.1 calculation of Risk-Weighted Assets (RWA) for
credit risk under the standardized approach
3.1.4.1.1 Unencumbered 0 n.a 0 50%
3.1.4.1.2 Encumbered 0 0
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.4.1.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.4.1.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.4.1.2.3 ≥ 1 year
Subject to a risk weight > 35% in the
3.1.4.2 calculation of Risk-Weighted Assets (RWA) for
credit risk under the standardized approach
3.1.4.2.1 Unencumbered 0 n.a 87,539,240 50%
3.1.4.2.2 Encumbered 0 0
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.4.2.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.4.2.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.4.2.2.3 ≥ 1 year
Claims (including loans) on Bank Indonesia and
central banks of other countries with remaining
3.1.5 maturities of less than 1 year, excluding
securities issued or guaranteed by Bank
Indonesia and central banks of other countries
3.1.5.1 Unencumbered 0 n.a 0 0%
3.1.5.2 Encumbered 0 0
460 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 461
Annual Report
2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
0 50% 0 100% 0
0 50% 0 100% 0
0 100% 0 100% 0
0
0 50% 0 100% 0
0 0 0
0 50% 0 100% 0
0 50% 0 100% 0
0 100% 0 100% 0
871,900,682
0
0 50% 0 65% 0
0 0 0
0 50% 0 65% 0
0 50% 0 65% 0
0 100% 0 100% 0
871,900,682
131,101,450 50% 897,153,338 85% 871,900,682
0 0 0
0 50% 0 85% 0
0 50% 0 85% 0
0 100% 0 100% 0
0
0 50% 0
0 0
PT Bank Rakyat Indonesia (Persero) Tbk. 461
Page 462
Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
Remaining maturity of asset encumbrance 0 n.a 0 0%
3.1.5.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.5.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.5.2.3 ≥ 1 year
Claims on Bank Indonesia and central banks
of other countries (for example: securities
3.1.6 issued by Bank Indonesia and central banks
of other countries)
3.1.6.1 Unencumbered 0 n.a 0 0%
3.1.6.2 Encumbered 0 0
Remaining maturity of asset encumbrance 0 n.a 0 0%
3.1.6.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.6.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.6.2.3 ≥ 1 year
Residential mortgage loans, including among
3.1.7 others:
Subject to a risk weight ≤ 35% in the
3.1.7.1 calculation of Risk-Weighted Assets (RWA) for
credit risk under the standardized approach
3.1.7.1.1 Unencumbered 0 n.a 7,544,434 50%
3.1.7.1.2 Encumbered 0 0
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.7.1.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.7.1.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.7.1.2.3 ≥ 1 year
Subject to a risk weight > 35% in the
3.1.7.2 calculation of Risk-Weighted Assets (RWA) for
credit risk under the standardized approach
3.1.7.2.1 Unencumbered 0 n.a 21,924,093 50%
3.1.7.2.2 Encumbered 0 0
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.7.2.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.1.7.2.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.1.7.2.2.3 ≥ 1 year
Securities that are not in default and are non-
3.2 HQLA, as well as exchange-traded equities that
are non-HQLA, subject to certain conditions
3.2.1 Unencumbered 0 n.a 1,431,818 50%
3.2.2 Encumbered 0 0
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.2.2.1 < 6 months
Remaining maturity of asset encumbrance 0 n.a 0 50%
3.2.2.2 ≥ 6 months to < 1 year
Remaining maturity of asset encumbrance 0 n.a 0 100%
3.2.2.3 ≥ 1 year
462 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
0 50% 0
0 50% 0
0 100% 0
0 5% 0 5% 0
0 0
0 5% 0 5% 0
0 50% 0 50% 0
0 100% 0 100% 0
101,243,717
37,380,957
11,801,732 50% 42,627,499 65% 37,380,957
0 0 0
0 50% 0 65% 0
0 50% 0 65% 0
0 100% 0 100% 0
63,862,760
29,007,659 50% 45,172,805 85% 63,862,760
0 0 0
0 50% 0 85% 0
0 50% 0 85% 0
0 100% 0 100% 0
9,000,506
989,890 50% 9,164,297 85% 9,000,506
0 0 0
0 50% 0 85% 0
0 50% 0 85% 0
0 100% 0 100% 0
PT Bank Rakyat Indonesia (Persero) Tbk. 463
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Management Discussion and Analysis
on Bank Performance
Carrying Amount Based on Remaining Maturity
Without Maturity < 6 months
RSF Component
Carrying Carrying
ASF Factor ASF Factor
Amount Amount
4 Assets with interdependent liabilities
5 Other assets
5.1 Physical traded commodities, including gold 85%
Cash, securities, and other assets recorded
as initial margin for derivative contracts and Max (85% ,faktor
5.2 0
cash or other assets provided as default fund RSF aset )
contributions to a central counterparty (CCP)
5.3 NSFR derivative assets 55,690 100%
20% of derivative liabilities before deduction
5.4 0 100%
of variation margin
5.5 Trade date receivables 0 0% 0 0%
Loans or financing classified as Substandard,
5.6 0 100% 3,846,969 100%
Doubtful, and Loss (Non-Performing Loans)
5.7 Unlisted equities 0 n.a 0 100%
5.8 Fixed assets 0 n.a 0 100%
5.9 Capital deduction factors 0 n.a 0 100%
5.1 Defaulted securities 0 n.a 0 100%
mengikuti RSF
5.11 Other assets that are encumbered 0 aset saat bebas
dari segala klaim
Other assets not included in the above
5.12 13,730,740 100% 96,534 100%
categories**)
Total assets 124,140,493 3,187,525
Off-Balance Sheet Transactions
Commitment obligations in the form of
6 credit facilities and liquidity facilities that are 27,266,638 5%
irrevocable or conditionally revocable
Credit facilities and liquidity facilities that are
7 0 0%
unconditionally revocable
Obligations arising from trade finance
8 instruments (including guarantees and letters 2,428,004 3%
of credit (L/C))
Letters of credit (L/C) and guarantees not
9 0 5%
related to trade finance obligations
10 Non-contractual obligations 0 5%
Total off-balance sheet transactions 0
Total RSF
Net Stable Funding Ratio (%)
464 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Carrying Amount Based on Remaining Maturity
6 months - < 1 year ≥ 1 year
Total Weighted Value
Carrying Amount ASF Factor Carrying Amount ASF Factor
128,333,020
0
Max (85% ,faktor RSF Max (85% ,faktor RSF
0 52,970 45,025
aset ) aset )
0 100% 0 100% 55,690
0 100% 0 100% 0
0 0% 0 0% 0
907,108 100% 8,244,053 100% 12,998,129
0 100% 4,463,270 100% 4,463,270
0 100% 45,780,153 100% 45,780,153
0 100% 51,163,479 100% 51,163,479
0 100% 0 100% 0
100% 0
0 100% 0 100% 13,827,274
176,586,985 1,150,181,556 1,142,686,724
22,014,389 5% 85,423,348 5% 6,735,219
0 0% 0 0% 0
0 3% 0 3% 72,840
0 5% 0 5% 0
0 5% 0 5% 0
0 0 6,808,059
1,149,494,783
117.96%
PT Bank Rakyat Indonesia (Persero) Tbk. 465
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Management Discussion and Analysis
on Bank Performance
Consolidated Analysis
(in IDR million)
Ratio Component September 2025 December 2025
Net Stable Funding Ratio (NSFR) Available Stable Funding (ASF) 1,363,031,478 1,355,934,194
Required Stable Funding (RSF) 1,107,115,182 1,149,494,783
NSFR 123.12% 117.96%
The Net Stable Funding Ratio (NSFR) on a consolidated basis as of December 2025 was recorded at 117.96%, representing a decrease of 5.16%
compared to the position in September 2025 of 123.12%. The decline was attributable to a decrease in the Available Stable Funding (ASF)
component of Rp7.10 trillion or 0.52%, while the Required Stable Funding (RSF) component increased by Rp42.38 trillion or 3.83%.
Encumbered Assets (ENC)
a b c d
Assets that are stored or
Encumbered contracted with the Central Unencumbered
Total
Assets Bank but not used to generate assets
liquidity
Assets in the statement of financial
position can be presented in detail 25,145,761,177,300 40,404,372,286,215 217,835,373,667,259 283,385,507,130,774
as needed
Qualitative Analysis
In accordance with SEOJK Number 9/SEOJK.03/2020 concerning Transparency and Publication of Conventional Commercial Bank Reports. In
the table above, data related to liquidity risk is presented which is divided into several criteria, namely restricted assets, assets stored or agreed
with the Central Bank but not yet used for liquidity and non-restricted assets. These assets are liquid assets that are used for liquidity needs in
accordance with POJK No. 42/POJK.03/2015 regarding the Minimum Liquidity Coverage Ratio (LCR) Requirement.
Total assets that meet the qualifications in the table above as of December 31, 2025 are IDR283.39 trillion. Based on the distribution, the total
value of the assets consisted of:
• Restricted assets amounted to IDR25.15 trillion or 8.87% of total liquid assets.
• Assets stored or agreed with the Central Bank but not yet used to generate liquidity amounted to IDR40.40 trillion or 14.26% of total liquid
assets.
• Unrestricted assets amounted to IDR217.84 trillion or 76.87% of total liquid assets.
Liquidity Risk Management (LIQA)
Information regarding liquidity risk management is presented
as follows:
1. Risk Governance
• BRI manages liquidity risk as part of its risk mitigation • BRI periodically reviews the Risk Appetite Statement
efforts arising from banking products and activities and the limit parameters related to liquidity risk as
that may affect sources and uses of funds, both for stipulated in the Board of Directors Decree on the
current risk exposures and those that may arise in Establishment of Risk Taxonomy and Parameters &
the future. Limits for Risk Appetite, Risk Profile, Profitability and
• The formulation of the level of risk to be assumed Capital in the Risk-Based Bank Soundness Rating
(risk appetite) and risk tolerance related to liquidity and Integrated Risk Profile Assessment of PT Bank
risk has been established in line with the Bank’s Rakyat Indonesia (Persero) Tbk.
overall strategic and business objectives.
466 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
• In managing liquidity risk, the Liquidity & Funding • Liquidity risk measurement is conducted periodically
Management Group and the Treasury Business through the use of daily liquidity dashboards and
Group are responsible for managing national liquidity, early warning indicators, cash flow projections,
while the Market, Portfolio & Enterprise Risk Group is liquidity ratios, and liquidity stress testing.
responsible for formulating and reviewing liquidity risk • Monitoring and control of the results of risk
management policies as well as monitoring liquidity risk measurements are performed by the Liquidity
limits. & Funding Management Group (for example,
monitoring the statutory reserve requirement/GWM
2. Funding Strategy and evaluating the achievement of the national cash
• Funding Diversification ratio on a quarterly basis) and the Market, Portfolio
This is carried out by taking into account the & Enterprise Risk Group (for example, monitoring
characteristics of funding sources and funding the Liquidity Coverage Ratio and Net Stable Funding
maturities as well as the Bank’s Business Plan (RBB), Ratio) to ensure compliance with the established
while considering counterparties, the availability of limits. The results of monitoring and liquidity risk
collateral, types of instruments, currencies, and the assessments are presented in the form of periodic
geographical location of funding markets. reports (Liquidity Risk Dashboard) submitted to the
• Stabilization of Funding Growth Board of Directors and the Board of Commissioners
This refers to maintaining the stability of Third- of BRI. When monitoring results indicate a potential
Party Funds (DPK) to ensure a positive growth increase in liquidity risk, recommendations for
trend, among others through pricing strategies, the mitigating liquidity risk exposure and decisions
issuance and/or development of deposit products, regarding follow-up control actions implemented.
enhancement of quality marketing initiatives that • A liquidity risk profile dashboard is prepared
support the stability of funding growth, as well periodically or adjusted in accordance with business
as periodic reviews of policies related to product strategy needs. The information technology systems
development and marketing. used to provide timely and up-to-date information on
• Evaluation and Analysis of Funding Strategy BRI’s liquidity include BI-RTGS, BRINets, BRISIM, the
This activity is carried out periodically through ALCO Treasury and Market Risk System, SKNBI, Swift, as
meetings and/or other relevant forums, taking into well as other applications developed to monitor BRI’s
account changes in both internal and external factors. assets and liabilities.
The Liquidity & Funding Management Group and
the Treasury Business Group, together with related 4. Contingency Funding Plan
groups, conduct identification, monitoring, and • The Contingency Funding Plan (CFP) is a plan and
evaluation of key factors that affect BRI’s ability to strategy designed to address crisis conditions that
obtain funding, including alternative funding sources may impact liquidity, in order to ensure BRI’s ability
that may strengthen the Bank’s resilience during crisis to obtain the required funding sources in a timely
conditions. manner and at a reasonable cost.
• Maintaining Market Access • The Contingency Funding Plan has been established
Maintaining access to the Rupiah and foreign and aligned with Book 5 – Early Warning Indicators
exchange markets includes expanding markets and Contingency Funding Plan in accordance with
for asset sales or increasing the availability of the Liquidity Risk Management Circular Letter No.
standby facilities with or without collateral, actively SE.68-DIR/MPE/12/2022, which governs the General
conducting transactions in markets aligned with the Provisions, CFP Implementation, CFP Management
funding strategy, and maintaining good relationships Actions, as well as Authorities and Responsibilities.
with funding providers in order to ensure effective CFP testing is conducted regularly at least once a
diversification of funding sources. year and is coordinated by the Liquidity & Funding
Management (LFM) Group as the Secretary of ALCO.
3. Risk Management Process • Testing of the Contingency Funding Plan is conducted
• Liquidity risk identification activities are carried using the walk-on-paper-based method, whereby
out by each operational working unit by identifying all working units related to emergency funding
liquidity risks arising from banking products and (the Liquidity Crisis Management Team) convene
activities that may affect sources and uses of funds, to execute testing scenarios on paper without
both in the positions of assets and liabilities as well conducting transactions in the financial markets.
as off-balance sheet accounts, including other risks • The Market, Portfolio & Enterprise Risk Group
that may increase liquidity risk (such as credit risk, monitors the parameters of the Contingency Funding
market risk, and operational risk). Plan as reflected in the Early Warning Indicators
dashboard.
PT Bank Rakyat Indonesia (Persero) Tbk. 467
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Management Discussion and Analysis
on Bank Performance
5. Liquidity Risk Stress Testing • To mitigate concentration risk, BRI monitors the
• Stress testing is conducted to measure BRI’s composition of core depositors, the non-core funding
capability and resilience in meeting liquidity needs ratio, and the non-third-party funding ratio.
under crisis conditions (stress conditions).
• Liquidity risk stress testing is carried out in 7. Maturity Profile
accordance with BRI’s internal policies and • Potential liquidity risks that may be faced by BRI
requirements and/or regulatory requests. The results in the future are measured through liquidity gap
of the stress testing are also reported periodically to analysis, which represents projections of liquidity
the Board of Directors through the Risk Management surpluses and shortages based on the maturity
Committee (RMC). profiles of assets and liabilities, after taking into
• The stress testing process utilizes stress test account funding needs for business expansion. This
scenarios developed by taking into account business information serves as a key consideration in liquidity
aspects and the level of risk managed by BRI. planning and management, including the funding
• The results of the stress tests demonstrate the requirements for business expansion. Through
implications of each scenario used in assessing BRI’s effective liquidity management, BRI aims to minimize
liquidity resilience. liquidity risk while enhancing the overall stability of
the banking system.
6. Funding Concentration • BRI has established a maturity profile limit for
• BRI has established a limit parameter for the Rupiah maturities of less than one year (assets maturing in
Loan to Deposit Ratio (LDR) with an appetite limit of < 1 year / liabilities maturing in < 1 year) with limits
94.50%–96.50% under the moderate risk profile and of >86.50%–73.00% under the moderate risk profile
>98.50% under the high risk profile. and <59.50% under the high risk profile.
• BRI has also set a limit parameter for the
Macroprudential Intermediation Ratio (RIM) with a
limit of 89.50%–92.50% under the moderate risk
profile and >94.00% under the high risk profile.
Operational Risk
Operational Risk Calculation
In accordance with SEOJK No. 6/SEOJK.03/2020, the calculation of Risk-Weighted Assets (RWA) for Operational Risk using the
Standardized Approach has been implemented since January 2023. The following table presents the calculation of Operational
Risk RWA using the Standardized Approach in accordance with the provisions set by the Financial Services Authority.
Table of Operational Risk Quantitative Disclosure – Bank Only (Individual )
December 31, 2025
Approach Business Operational Minimum
No Operational Internal Loss
Applied Business Indicator Risk Loss Capital for Operational
Risk Loss Rate Multiplier
Indicator (BI) Component Component Operational Risk RWA
(ORLR) (ILM)
(BIC) (ORLC) Risk (MCOR)
(1) (2) (3) (4) (5) (6) (7) (8) (9)
Standard
1 87,347,205,74 12,652,080,86 234,910,52 3,523,657,73 0,73136725 8,253,317,59 115,666,459,88
Approach
Total 87,347,205,74 12,652,080,86 234,910,52 3,523,657,73 0,73136725 8,253,317,59 115,666,459,88
468 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 469
Annual Report
2025
(in IDR million)
December 31, 2024
Operational Risk Minimum Capital
Business Indicator Business Indicator Internal Loss Operational Risk
Loss Component for Operational Risk
(BI) Component (BIC) Multiplier (ILM) RWA
(ORLC) (MCOR)
(9) (10) (11) (12) (13) (14)
74,722,853 10,758,428 3,415,878 0.75 8,072,261 100,903,262
74,722,853 10,758,428 3,415,878 0.75 8,072,261 100,903,262
PT Bank Rakyat Indonesia (Persero) Tbk. 469
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Management Discussion and Analysis
on Bank Performance
Table of Operational Risk Quantitative Disclosure – Consolidated
December 31, 2025
Approach Business Operational Minimum
No Operational Internal Loss
Applied Business Indicator Risk Loss Capital for Operational
Risk Loss Rate Multiplier
Indicator (BI) Component Component Operational Risk RWA
(ORLR) (ILM)
(BIC) (ORLC) Risk (MCOR)
(1) (2) (3) (4) (5) (6) (7) (8) (9)
Standard
1 102,982,628,98 14,997,394,35 290,933,25 4,363,998,69 0,73752526 11,060,957,17 138,261,964,63
Approach
Total 102,982,628,98 14,997,394,35 290,933,25 4,363,998,69 0,73752526 11,060,957,17 138,261,964,63
Table of Operational Risk Quantitative Disclosure – Operational Risk Losses (ORL) – Individual
Loss Recognition Column T Column T-1 Column T-2
Year Validation Validation Validation
MINIMUM THRESHOLD FOR AN OPERATIONAL LOSS EVENT OF IDR300,000,000.00 (THREE HUNDRED MILLION RUPIAH) OR MORE
Net Operational Loss after Recoveries (without exception) - - -
Number of Operational Risk Loss Events - - -
Amount of Excluded Operational Risk Losses - - -
Number of Excluded Operational Risk Loss Events - - -
Net Operational Loss Amount after Taking into Account Recoveries and Excluded
- - -
Operational Risk Losses
MINIMUM THRESHOLD FOR AN OPERATIONAL LOSS EVENT OF IDR1,500,000,000.00 (ONE BILLION FIVE HUNDRED MILLION RUPIAH)
OR MORE
Net Operational Loss after Recoveries (without exception) 50,602.70 245,878.28 193,863.13
Number of Operational Risk Loss Events 16.00 27.00 25.00
Amount of Excluded Operational Risk Losses 0.00 0.00 0.00
Number of Excluded Operational Risk Loss Events 0.00 0.00 0.00
Net Operational Loss Amount after Taking into Account Recoveries and Excluded
50,602.70 245,878.28 193,863.13
Operational Risk Losses
DETAILED CALCULATION OF CAPITAL FOR OPERATIONAL RISK
Are Losses Used in the Calculation of Regulatory Capital for Operational Risk (Yes/No)? Y
If Row 11 is marked “No,” is the Non-Use of Internal Loss Data Due to Non-
Compliance with Minimum Standards for Loss Data? (Yes/No)
Threshold Used in the Calculation of Capital for Operational Risk (in Full Rupiah
1,500,000,000.00
Amounts)
Additional Information (If Any) Optional
470 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
(in IDR million)
December 31, 2024
Operational Risk Minimum Capital
Business Indicator Business Indicator Internal Loss Operational Risk
Loss Component for Operational Risk
(BI) Component (BIC) Multiplier (ILM) RWA
(ORLC) (MCOR)
(9) (10) (11) (12) (13) (14)
92,934,419 13,490,163 4,175,920 0.75 10,070,719 125,883,982
92,934,419 13,490,163 4,175,920 0.75 10,070,719 125,883,982
10-Year Average
Column T-3 Column T-4 Column T-5 Column T-6 Column T-7 Column T-8 Column T-9
Column
Validation Validation Validation Validation Validation Validation Validation
Validation
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
1,303,607.96 356,890.82 89,009.39 46,053.27 41278.16 19,649.44 2,272.00 234,910.52
15.00 15.00 13.00 5.00 5.00 12.00 1.00 13
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1,303,607.96 356,890.82 89,009.39 46,053.27 41,278.16 19,649.44 2,272.00 234,910.52
PT Bank Rakyat Indonesia (Persero) Tbk. 471
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Management Discussion and Analysis
on Bank Performance
Operational Risk Quantitative Disclosure Table – Operational Risk Losses (ORL) – Consolidated
Loss Recognition Column T Column T-1 Column T-2
Year Validation Validation Validation
MINIMUM THRESHOLD FOR AN OPERATIONAL LOSS EVENT OF IDR300,000,000.00 (THREE HUNDRED MILLION RUPIAH) OR MORE
Net Operational Loss after Recoveries (without exception) - - -
Number of Operational Risk Loss Events - - -
Amount of Excluded Operational Risk Losses - - -
Number of Excluded Operational Risk Loss Events - - -
Net Operational Loss Amount after Taking into Account Recoveries and Excluded
- - -
Operational Risk Losses
MINIMUM THRESHOLD FOR AN OPERATIONAL LOSS EVENT OF IDR1,500,000,000.00 (ONE BILLION FIVE HUNDRED MILLION RUPIAH)
OR MORE
Net Operational Loss after Recoveries (without exception) 104,135.30 269,361.84 479,130.50
Number of Operational Risk Loss Events 26.00 31.00 36.00
Amount of Excluded Operational Risk Losses 0.00 0.00 0.00
Number of Excluded Operational Risk Loss Events 0.00 0.00 0.00
Net Operational Loss Amount after Taking into Account Recoveries and Excluded
104,135.3 269,361.84 479,130.5
Operational Risk Losses
DETAILED CALCULATION OF CAPITAL FOR OPERATIONAL RISK
Are Losses Used in the Calculation of Regulatory Capital for Operational Risk (Yes/
Y
No)?
If Row 11 is marked “No,” is the Non-Use of Internal Loss Data Due to Non-
Compliance with Minimum Standards for Loss Data? (Yes/No)
Threshold Used in the Calculation of Capital for Operational Risk (in Full Rupiah
1,500,000,000.00
Amounts)
Additional Information (If Any) Optional
Table of Operational Risk Quantitative Disclosure – Business Indicator (BI) – Individual
No Business Indicator (BI) and BI Components Validasi Kolom T Validasi Kolom T-1 Validasi Kolom T-2
1 Interest, Lease, and Dividend Component (ILDC) 43,329,169.87
2 Interest Income 162,321,720.00 147,036,619.00 124,066,051.00
3 Interest Expense 57,367,303.00 43,862,637.00 27,358,663.00
4 Earning Assets 1,893,132,061.00 1,887,747,049.00 1,809,218,606.00
5 Dividend Income 2574899.00 95,133.00 1,540,279.00
6 Services Component (SC) 40,117,741.00
7 Fee and Commission Income 20,407,827.00 20,292,184.00 18,469,908.00
8 Fee and Commission Expenses 4,00 0.00 0.00
9 Other Operating Income 26,149,285.00 19,317,946.00 15,716,073.00
10 Other Operating Expenses 6,719,537.00 5,054,770.00 4,712,281.00
472 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
10-Year Average
Column T-3 Column T-4 Column T-5 Column T-6 Column T-7 Column T-8 Column T-9
Column
Validation Validation Validation Validation Validation Validation Validation
Validation
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
1,314,889.84 362,717.48 114,107.64 46790.26 41,278.16 19,649.44 157,272.00 290,933.25
21.00 23.00 17.00 8.00 5.00 12.00 2.00 18.10
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1,314,889.84 362,717.48 114,107.64 46790.26 41,278.16 19,649.44 157,272 290,933.25
No Business Indicator (BI) and BI Components Validasi Kolom T Validasi Kolom T-1 Validasi Kolom T-2
11 Financial Component (FC) 3,900,295.00
12 Net Profit or Loss from the Trading Book 2,385,394.00 165,364.00 4,297,084.00
13 Net Profit or Loss from the Banking Book 884,221.00 2,145,259.00 1,823,563.00
14 Business Indicator (BI) 87,347,205.87
15 Business Indicator Component (BIC) 12,652,080.88
16 IB Disclosure
17 Total IB Including Divested Activities 87,347,205.87
IB Reduction Due to Exemption for Divested
18 0.00
Activities
19 Additional Information Optional
PT Bank Rakyat Indonesia (Persero) Tbk. 473
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Management Discussion and Analysis
on Bank Performance
Table of Operational Risk Quantitative Disclosure – Business Indicator (BI) – Consolidated
No Business Indicators (BI) and BI components Validasi Kolom T Validasi Kolom T-1 Validasi Kolom T-2
1 Interest, Lease, and Dividend Component (ILDC) 43,767,158.32
2 Interest Income 198,271,440.00 179,154,986.00 152,111,973.00
3 Interest Expense 65,394,717.00 50,909,627.00 33,380,542.00
4 Earning Assets 1,975,608,961.00 1,965,316,664.74 1,879,580,239.00
5 Dividend Income 165,162.00 84,301.00 90,630.00
6 Services Component (SC) 55,022,390.41
7 Fee and Commission Income 21,309,342.00 21,563,040.00 19,635,398.00
8 Fee and Commission Expenses 39,348.00 228,572.00 182,841.00
9 Other Operating Income 46,679,385.00 29,595,461.22 26,284,545.00
10 Other Operating Expenses 26,359,831.00 16,170,555.00 15,719,350.00
11 Financial Component (FC) 4,193,080.00
12 Net Profit or Loss from the Trading Book 2,876,351.00 341,696.00 4,400,337.00
13 Net Profit or Loss from the Banking Book 1,005,410.00 2,251,038.00 1,704,408.00
14 Business Indicator (BI) 102,982,628.73
15 Business Indicator Component (BIC) 14,997,394.31
16 IB Disclosure
17 Total IB Including Divested Activities 102,982,628.73
IB Reduction Due to Exemption for Divested
18 0.00
Activities
19 Additional Information Optional
Operational Risk Quantitative Disclosure Table – Operational Risk RWA (Individual)
No Details Column T Validation
1 Business Indicator Component (BIC) 12,652,080.88
2 Internal Loss Multiplier (ILM) 0,731,367.25
3 Minimum Capital for Operational Risk (MCOR) 9,253,317.60
4 Operational Risk RWA 115,666,470.00
Operational Risk Quantitative Disclosure Table – Operational Risk RWA (Consolidated)
No Details Column T Validation
1 Business Indicator Component (BIC) 14,997,394.31
2 Internal Loss Multiplier (ILM) 0,737,525.26
3 Minimum Capital for Operational Risk (MCOR) 11,060,957.14
4 Operational Risk RWA 138,261,964.25
General Qualitative Disclosure
474 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Qualitative Analysis
1 The preparation of BRI’s operational risk management framework refers to Financial Service Authority (OJK) Regulation on the
Implementation of Commercial Bank Risk Management Number 18/POJK.03/2016 dated March 16, 2016 concerning the Implementation
of Commercial Bank Risk Management and best practices. In BRI’s internal regulations, this framework is outlined in the Risk Management
Policy regulated in the Board of Directors’ Decree Number KU.02-DIR/MPE/04/2024 dated April 30, 2024, regulating the principles
of the Bank’s risk management policy. Specifically for operational risk management, the Bank has prepared the Guidelines for the
Implementation of Operational Risk Management referring to BRI Risk Management Policy regulated in Circular Letter Number SE.58-
DIR/ORD/11/2022 dated November 22, 2022 with coverage:
a. Operational risk management framework.
b. Anti-fraud strategy
c. Risk Management Function in Units.
In addition, the implementation of operational risk management is also regulated in the form of Circulars, Decree Letters, and other
Standard Operating Procedures, including:
a. Circular No. SE.17-DIR/MOP/03/2020 concerning operational risk management tools.
b. Circular No. SE.04-DIR/CTR/01/2023 concerning Corporate Culture which includes Risk Culture.
c. Circular No. SE.30-DIR/PPM/11/2024 concerning Product Management which includes Product Implementation Risk Management.
d. Circular No. SE.66-DIR/MPE/12/2022 concerning Guidelines for Calculating Risk Weighted Assets (RWA) which includes Operational
RWA Calculations.
e. Circular No. SE.50-DIR/MPE/12/2023 concerning Business Continuity Management which includes Business Continuity Management
(BCM).
f. SOP Number SO.36-ORD/12/2024 concerning Regional Risk Management SOP.
g. SOP No. SO.09-ORD/03/2025 concerning Business Continuity Management.
2 The structure and organization of management and control functions related to operational risk at BRI are established by taking into
account the development of operational risks in the banking and financial services industry as well as the complexity of BRI’s business.
In this regard, the Operational Risk Management Unit (Satuan Kerja Manajemen Risiko Operasional/SKMRO) has been established to
focus on managing operational risk at BRI. SKMRO reports directly to the Director of Risk Management and comprises the Operational
Risk Group, Digital Risk Group, and IT & Fraud Risk Group.
Along with the development of digital transactions and services and to anticipate increasing cyber threats, the Digital Risk Group has the
task of managing digital risks, including formulating policies, implementing risk management processes, and monitoring and evaluating
digital risks and their control throughout the Bank’s activities.
In addition, to strengthen the implementation of Good Corporate Governance (GCG) and the application of POJK No. 12 of 2024
concerning the Implementation of Anti-Fraud Strategies for Financial Services Institutions, the Bank established the IT & Fraud Risk
Group in accordance with the Board of Directors Decree No. 2989-DIR/PPM/06/2025 dated June 24, 2025. The IT & Fraud Risk Group
is responsible for formulating anti-fraud strategy policies, ensuring the implementation of anti-fraud strategies covering prevention,
detection, investigation, reporting, and sanctions, as well as monitoring, evaluation, and follow-up actions aimed at preventing fraud risk
incidents and undertaking recovery efforts for losses arising from fraud.
In line with organizational developments and the strengthening of operational risk management, in 2025 the Bank established four
(4) Senior Operational Risk Head (SORH) positions at the Head Office level, namely SORH Procurement, SORH Distribution, SORH
Information Technology, and SORH Corporate Center. Each SORH is responsible for the implementation of operational risk management
within the respective Directorates under their supervision.
The Operational Risk Group focuses on operational risk management, including the development and implementation of an operational
risk management framework, policy formulation, and Business Continuity Management (BCM) and SMK3 implementation. Operational
risk management implementation is strengthened by the establishment of SORH Distribution with the Regional Operational Risk
& Compliance (RORC) organization. The RORC at the Regional Office acts as a Control Tower that ensures the implementation of
operational risk management at the Regional level and is led by an Assistant Vice President (AVP) level official called the RORC Team
Leader. The RORC organizational structure consists of the RORC Team Leader who supervises Risk Management and Compliance
(RMC) and Micro & Retail Risk & Compliance (MRR). The RMC is based at the Regional Office, supervises the MRR which is based at the
Branch Office and supervises the Retail and Micro work units.
BRI recognizes the importance of implementing Internal Control over Financial Reporting (ICoFR) to support the integrity, reliability, and
transparency of financial reporting as well as compliance with applicable regulations. The implementation of ICoFR at BRI refers to the
Ministry of State-Owned Enterprises Decree No. SK-5/DKU.MBU/11/2024 concerning the Technical Guidelines for Internal Control over
Financial Reporting of State-Owned Enterprises and POJK No. 15 of 2024 concerning the Integrity of Bank Financial Reporting, which
require banks to develop, establish, and ensure the implementation of internal control policies and procedures in the financial reporting
process. The ICoFR program is designed to provide reasonable assurance to Management, shareholders, and stakeholders that the
financial statements have been prepared in a complete and accurate manner, in accordance with applicable accounting standards, and
are consistently applied across all accounting entities up to the consolidated level.
The implementation of ICoFR has been carried out in phases, beginning in 2021 with the initial scope covering Micro Loans, Retail &
Middle Market Loans, Customer Deposits, and Financial Reporting, and subsequently expanded in later phases to include Consumer
Loans, Corporate Loans, Treasury, Trade Finance, and Fixed Assets. In accordance with NOKEP No. 3927-DIR/PPM/11/2024, the ICoFR
function has been integrated into the Operational Risk Group (ORD) to strengthen governance and cross-functional coordination. In
2025, BRI implemented the Phase 3.5 transition stage, which involved a deeper review of nine key scope areas in response to changes in
business processes and to comply with the provisions of SK-5/DKU.MBU/11/2024, which require ICoFR coverage of at least two-thirds of
the materiality of the financial statements. This was carried out through the updating of Business Process Maps (BPM) and Risk Control
Matrices (RCM), the implementation of Control Self-Assessment (CSA), and the testing of control design to ensure the continuous
effectiveness of internal controls.
The current organizational structure of the Operational Risk Group is as follows:
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Operational Risk SORH SORH SORH SORH
Group Procurement Information Distribution Corporate
Group Technology Group Center
Group Head Group Head Group Head Group Head Group Head
Internal Control Over 1. Risk Management Distribution and Regional Operational
Operational Risk
Financial Reporting BCM Department Function Retail Funding Risk Risk and Comliance
Strategy Department
Department 2. Internal Control Management Team Team
Function Overseas
Department Head Department Head Department Head Channel
RMC
Operational Risk Policy MRR
ICOFR Team BCM Policy Team IC BRINYA
and Methodology Team
Operational Risk Data
IC and Risk
Analytic and Strategy K3 Team
Management BRISG
Team
Operational Risk Support IC and Risk
System and Technology CMER Team Management BRI
Team Taipei
IC and Risk
Operational Risk Partner
Management BRI
Team 1
Timor Leste
Operational Risk Partner
Team 2
Operational Risk Partner
Team 3
To implement the Three Lines Model, the form of collaboration with the Internal Audit Unit (IAU) as the third line model has an important
meaning in implementing operational risk management. IAU functions as an enabler which is tasked with providing assurance in the
implementation of risk management. In addition, IAU also contributed in providing support in the form of tools to facilitate the RRM
Team in conducting control testing and fraud detection. Furthermore, SKMRO as the second line was also asked to provide data and
information sources in the form of risk maps to assist the IAU in implementing risk-based audits.
3 Explanation of the measurement system for operational risk (covering the system and data used to calculate operational risk in order
to estimate the capital burden for operational risk). Regarding the Bank’s obligation to estimate the capital charges for operational risk
by calculating of Operational Risk RWA using the Standard Approach in accordance with OJK Circular Number 6/SEOJK.03/2020, BRI
carried out measurement and calculation of operational risk as a part of the operational risk management process, namely identification,
measurement, control, and monitoring.
The operational risk management process was carried out in accordance with the governance set out in the operational risk management
framework and used tools in accordance with regulatory provisions and best practices. The process of measuring and calculating
operational risk was carried out through the following activities:
a. Risk and Control Self Assessment (RCSA)
Risk and Control Self Assessment is a qualitative and predictive risk management tool used to identify and measure risk based
on the dimensions of impact and likelihood. RCSA in BRI was implemented at the BRI Head Office Division/Desk, regional offices,
special branch offices, Overseas Business Units, regional internal audit, regional campus, branch offices that also represented BRI
Units, sub-branch offices and BRI Prioritas service centers. Risk and Control Self Assessment was intended to assist business units
in independently identifying and measuring operational risk in every operational and business activity, including monitoring and
determining corrective steps/follow-up future plans. Risk issue and control updates on RCSA were carried out by considering BRI’s
business developments which included the implementation of new products and or activities, new market segments and business
competition, changes in internal/external regulations, and other changes that affected BRI’s risk exposure. The assessment was
carried out by considering Incident Management/Loss Event Database data, Key Risk Indicators (KRI) and Audit Reports (LHA).
RCSA was carried out periodically every semester, and the frequency increased if there was a significant change in risk exposure.
b. Self Assessment of New Bank Products’ Risk
The application of the risk management process for each New Bank Products issuance plan at BRI was carried out through the
implementation of New Bank Products Risk Self Assessment by the Product Owner and requesting an adequacy assessment of New
Bank Products risk management from the Risk Management Unit to then be recommended to the BRI Risk Management Director in
order to obtain approval.
c. Recording Operational Risk Losses in the Loss Event Database (LED)
Loss Event Database (LED) BRI included the process of recording loss event data for each type of financial and non-financial
loss which included actual loss, potential loss including corrective measures and incident handling. Based on the loss event data
on LEDs, an analysis of loss events could be performed based on the cause, functional activity, event category (event type) and
BRI’s business lines. This information system could be used to determine preventive risk control measures based on documenting
incident handling/settlement processes both from a non-financial perspective, financial losses and loss recovery as well as litigation
processes. To calculate the capital charge and Operational RWA, BRI used the Basic Indicator Approach (BIA) method implemented
since 2010 in accordance with regulatory provisions. However, BRI made preparations for implementing the Standard Approach
Minimum Operational Risk Capital Measurement (MMRO) guided by the Basel III Framework. Provisions for Operational Risk
RWA with a standard approach are regulated through Directors’ Circular Letter No. SE.10-DIR/MPE/08/2025 Book 2 concerning
Operational RWA Calculations.
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Qualitative Analysis
d. Key Risk Indicator Monitoring (KRI)
Key Risk Indicator (KRI) is a Risk Management tool in the form of a quantitative indicator to provide early information on increasing
or decreasing risk and or decreasing the effectiveness of controls against predetermined thresholds. KRI could be leading or
lagging. Risk monitoring through KRI aimed to determine follow-up plans related to risk control so as to prevent or minimize the
impact of losses. BRI identified key risk indicators for all types of risk and established risk limits that reflected BRI’s risk appetite
and conditions. Identification of key risk indicators and determination of KRI thresholds was carried out using best judgment by
considering BRI’s risk exposure and risk appetite. The threshold determination involved internal audit, risk owners and other related
units. BRI’s main risk indicators were reflected in the bankwide risk profile report and regional office risk profile monitored regularly
and reported to management every month.
e. Risk Assessment Plan (RAP)
Risk Assessment Plan (RAP) is a form of risk strategy preparation activity carried out by RRM with output in the form of a list of main
risks, business unit priorities based on risk and risk control activity plans.
f. Disaster Threat Risk Assessment
BRI carried out Disaster Threat Risk Assessment as an implementation of Business Continuity Management (BCM) to protect the
security and safety of employees’ lives, protect the lives of customers and other stakeholders within BRI’s operational units (disaster
management plan), and maintain the continuity of business/operational activities. most importantly, safeguarding BRI’s assets and
having an adequate response in disruption/disaster situations (business continuity plan). Disaster Threat Risk Assessment aimed
to identify the resources needed in order to prepare for threats/disasters in each unit. As one of the implementations of BCM, BRI
already had guidelines for an Emergency Response Plan (ER Plan) and a Business Continuity Plan (BC Plan) policy for Critical
Business Units.
g. Internal Control Over Financial Reporting (ICOFR)
The measurement of operational risk arising from weaknesses in internal control over financial reporting is conducted through the
Internal Control over Financial Reporting (ICoFR) framework. The identification of control weaknesses is carried out through multiple
layers of assessment to ensure the adequacy of control design and the operational effectiveness of internal controls.
i. Walkthrough and Design Validation – Second Line
The ICoFR team conducts business process walkthroughs to map transaction flows into the Business Process Mapping (BPM)
and Risk Control Matrix (RCM), identify risks at the assertion level, and assess the adequacy of control design, including key
controls, control types (manual/ITAC/ITDM), and the reliability of supporting information (IPE/EUC).
ii. Control Self-Assessment (CSA) – First Line
Process owners perform self-assessments of control implementation in accordance with the attributes set out in the RCM, test
evidence of control execution, assess data reliability, and determine the root cause and remediation plans. CSA serves as an
early detection mechanism for operational control weaknesses.
iii. Evaluation and Test of One – Second Line
The Second Line performs quality assurance on CSA results through Test of One to verify the alignment between control
design and actual practice, the accuracy of the classification of findings (design or operating deficiency), and the adequacy of
remediation plans.
iv. TOD and TOE – Third Line (SKAI)
SKAI performs independent testing consisting of Test of Design (TOD) to assess the adequacy of control design and Test of Operating
Effectiveness (TOE) to ensure consistent implementation during the reporting period. The results form the basis for determining the
level of deficiencies, quantifying the Degree of Deficiencies (DoD), and concluding on the effectiveness of ICoFR.
4 Operational risk management was reported regularly to management, business unit heads, and other interested parties as a monitoring
tool. The ORD Group submitted operational risk reports, both mandatory and for internal reporting purposes. The scope and form of
operational risk management reports included:
a. Bank Operational Risk Profile
The Bank’s operational risk profile was submitted to Regulators, Directors and Commissioners on a quarterly basis coordinated by
the MPE Group. The operational risk profile included risk parameters which became the focus of monitoring the Bank’s operational
risk exposure. The Bank’s operational risk profile report was also submitted to the Risk Management Committee (RMC) and the Risk
Management Oversight Committee.
b. Regional Risk Profile
The regional risk profile contained parameters for 7 (seven) types of risk, one of which was operational risk. The preparation of
the operational risk profile was coordinated by RRM and submitted to the Regional Chief Executive Officer (RCEO) through the
Governance, Risk and Compliance (GRC) forum every month.
c. Operational Risk News (OPEN)
Operational Risk News (OPEN) was submitted to the Director of Risk Management and other Directors on a monthly basis. The
scope of OPEN included operational risk profile reports, achievement of risk appetite statements (RAS), incidents of human error
and fraud incidents, as well as improvements to implemented controls, risk management forum activities, BCM and OHS activities,
regional risk management activities, risk assessment of Bank products New (UN), RRM SMART, and external event information.
d. MRR Risk Analysis Report
The MRR Risk Analysis Report contains a list of control weaknesses that still occur within the respective Work Units based on the
verification results conducted by MRR. The report is submitted by MRR to the Heads of Work Units and presented in the Work Unit
MR Forum on a monthly basis. In addition, for verification results by MRR that indicate potential fraud, the report is submitted to the
RCEO and the Operational Risk Group for further follow-up by the IT & Fraud Risk Group.
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Qualitative Analysis
5 The risk mitigation process was part of the risk management process, namely risk control. Risk control was carried out in order to
prevent risk events and minimize the impact of risks. Risk mitigation measures were adjusted according to the results of an analysis of
the causes of events or potential risks. In accordance with this, risk mitigation was generally grouped into 3 (three) subs, namely:
a. People
Mitigation of the people aspect was carried out in terms of quantity and quality, including:
i. Determining and reviewing the need for employee formation to carry out business processes in the Business Unit.
ii. Determining the requirements, mechanisms, and background checks in the employee recruitment process.
iii. Fulfilling employee formation in the Business Unit.
iv. Improving worker capabilities, including by:
- Conducting education and training of workers according to position level.
- Reviewing the curriculum and educational methods.
- Providing certification for workers with certain specializations.
v. Encouraging the implementation of risk culture through risk culture internalization programs, including:
- Culture Activation Program (CAP).
Each business unit has established a CAP to form the behavior needed to achieve KPIs prudently through activities
specified in the CAP.
- Building Risk Awareness of Workers in Business Units
Risk Management Unit routinely delivers risk awareness media in the form of letters, infographic media, webinars, podcasts,
e-learning, official Bank social media accounts and email/WA/SMS blasts.
- Empowering Risk Officer.
The involvement of the Risk Officer as the Transformation Driving Team is required in internalizing and ensuring that
the implementation of risk culture is implemented. Thus, the RM function is strengthened through adjusting operational
procedures and upgrading knowledge and technical skills through education/socialization.
- Early Detection.
The implementation of a risk culture needs to be supported by Early Warning System tools which can help mitigate or
correct risk events earlier.
- Business Process Review.
Risk culture activities are reflected through the implementation of daily banking operational procedures. Hence, it is
necessary to review the adequacy of control over operational procedures.
b. Process
Risk mitigation in the process aspect, namely:
i. Develop policies and standard operating procedures (SOP) for each product and activity of the Bank which includes business
processes, internal control, and the duties and responsibilities of workers as makers, checkers, signers. Each draft policy and
SOP before being ratified must obtain an assessment of the adequacy of risk management from the Risk Management Unit.
ii. Risk mitigation was also carried out by transferring risk to a third party, namely an insurance company that bore the Bank’s
losses or to a labor service provider which of course had taken into account the principles of bona fide and integrity of the
service provider as regulated in the Cooperation Agreement (PKS) in every cooperation with third parties.
c. Technology
In principle, digital risk control was closely related to the Bank’s efforts to secure its assets, including providing protection for
customer data/iinformation. Digital risk management in IT management activities/IT services includes, but was not limited to:
i. Development, updating and deletion of electronic/digital banking services.
ii. Development, updating, and deletion of IT infrastructure (computing, network, satellite) and security.
iii. Development, renewal and deletion of the Bank’s internal services.
iv. Procurement of IT service providers.
v. IT service provider by the Bank.
vi. IT operational activities.
vii. Development and/or review of Fraud Detection System (FDS) rules.
Furthermore, to strengthen digital risk control, each application development was accompanied by the Digital Risk Group.
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Material Bonds Related to Capital Goods Investment
Objective of the Bonds reasonableness, accountability, standardization of goods,
centralization, decentralization and have been determined in
In capital goods procurement engagements using investment the Company’s Work Budget Plan (RKAP).
budget with a Work Order Letter (SPK) and Agreement
in accordance with the tiering of procurement value and Source of Funds
term of procurement period. The purpose of holding an
engagement is so that it can be detailed in description of The source of funds uses the budget within the BRI Company
the implementation of procurement work to the provider that has been allocated (breakdown) following the budget
of goods that are binding, the rights and obligations of the items specified in the Company’s Work Budget Plan (RKAP).
parties and contains terms and conditions that must be met
by the parties. Denominated Currency and Planned
Steps to Hedge Risk from Foreign
To speed up the process of procuring goods primarily Currency Positions
by using direct purchase and self-management methods
following best practices without requiring an SPK, the All procurement uses rupiah currency, and it is required that
procurement committee only needs to issue a Purchase all procurements that have been agreed in foreign currency
Order (PO) or a letter of request for quotation, or simply will be adjusted in the SPK or PKS to use rupiah currency.
prove it with a purchase receipt. Thus, BRI will not hedge due to changes in foreign exchange
rates.
The general principles of procurement of goods within
the company must refer to the guides of efficiency,
effectiveness, competitiveness, transparency, fairness and
Capital Goods Investment
Types and Value of Capital Goods Investment
Types and investments of BRI Bank Only capital goods are presented in the following table.
Table of Types and Values of Capital Goods Investment (In Million IDR)
Types Investment in 2025 Investment in 2024
Land and Building 1,819,017 1,948,290
Furniture and Inventory 321,790 207,163
Vehicle 147,067 651,221
Machinery and Equipment 184,990 132,537
Objective of Capital Goods Investment
Apart from supporting Company’s operations, procurement of goods also aims to encourage the growth of domestic industry.
Users of goods can give preference to the use of domestic production while observing the provisions of applicable laws and
regulations.
Users of goods and/or services prioritize synergy between SOEs, SOE Subsidiaries, BRI Subsidiaries, and/or Subsidiaries of
entities established by BRI as long as the goods and/or services are the result of production of the SOEs, SOE Subsidiaries, BRI
Subsidiaries and/or Subsidiaries of entities established by BRI in question, and as long as the quality, price, and purpose are
accountable and take into account arm’s length principle.
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Management Discussion and Analysis
on Bank Performance
Commitments and Contingencies
Assessment of commitments and contingencies transactions that have individual credit risk using objective evidence, except
for commitments and contingencies belonging BRIS (a subsidiary based on sharia principles) is carried out using the Bank
Indonesia collectability guidelines.
Table of Commitment and Contingency
(In Million IDR)
Description 2025 2024
COMMITMENT
Commitment Bill
Spot purchases and foreign currency 57,618,468 49,309,688
Commitment Liability
Loan facilities provided to unused debtors 134,386,017 123,492,574
Spot sales and foreign currency 157,153,569 94,874,355
Irrevocable L/C ongoing to import 13,549,757 11,775,920
Commitment-net (247,470,875) (180,833,161)
CONTINGENCIES
Contingent liability
Warranty issued in the form
Bank guaranty 52,556,615 46,148,254
Standby L/C 14,359,061 20,706,982
Contingencies – net (66,915,676) (66,855,236)
Material Information and Facts After the Accountant’s Report Date
Up to the date of this Annual Report, no significant events have occurred after the auditor’s report date that would affect future
business performance or risk.
Business Prospects and Future Strategies
Entering 2026, the global economy is projected to remain economic growth to be in the range of 5.00–5.24%, primarily
in an adjustment phase with persistently high levels of supported by domestic demand. Nevertheless, this growth
uncertainty. Although easing global inflationary pressures rate reflects a phase of economic cycle normalization, during
have created room for monetary policy relaxation in several which growth drivers are not as strong as during the post-
countries, U.S. trade policies, rising geopolitical risks, and pandemic recovery period. The weakening of economic
the fragmentation of global supply chains continue to be momentum observed since the end of 2025, as reflected in
sources of financial market volatility. The elevated indicators BRI’s Macroeconomic Index moving toward a neutral zone
of uncertainty and geopolitical risk, which remain well above and the declining realization of tax revenues, indicates that
historical norms, suggest that the potential for accelerating real economic activity and household income have not yet
global economic growth in the near future is likely limited. fully recovered across the board.
Within this context, Indonesia’s economy in 2026 is expected From the domestic demand perspective, household
to demonstrate relatively solid resilience, albeit with more consumption is expected to grow more gradually in 2026. The
moderate growth momentum. BRI projects Indonesia’s recovery in consumption remains unevenly distributed, with
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household spending and credit demand primarily supported in the second half of 2026 due to fiscal dynamics and the
by the upper-middle and high-income segments, while possibility of government fund withdrawals.
the purchasing power of the lower-middle income groups
remains constrained. This situation aligns with the labor Overall, while remaining attentive to global dynamics
market structure, which is still dominated by the informal characterized by heightened uncertainty and the ongoing
sector, thereby limiting income stability and restraining the normalization process of the domestic economy, BRI
acceleration of mass-market consumption. On the other views Indonesia’s economic outlook for 2026 as remaining
hand, investment and government expenditure continue conducive, albeit requiring adaptive and prudent strategies.
to play an important role in sustaining growth momentum, Strengthening risk management, maintaining disciplined
although the scope for fiscal stimulus is expected to become liquidity management, and focusing on segments and sectors
increasingly selective amid fiscal policy normalization and with sustainable growth quality will be key to preserving
dynamics in state revenue. business performance and banking resilience amid a still
dynamic economic landscape.
In line with these dynamics, Indonesia’s inflation in 2026 is
projected to range between 2.48% and 3.22%, remaining Challenging macroeconomic conditions and increasingly
within Bank Indonesia’s target range of 2.5% ± 1%. Although intense competition in the banking industry have prompted
relatively contained, inflationary pressures may increase BRI to implement a focused strategy to sustain growth and
moderately due to external factors, such as rising energy strengthen market share. BRI is confident that the strategies
prices and exchange rate volatility amid heightened global developed will deliver strong performance in the future.
uncertainty. Under these conditions, monetary policy is Challenging macroeconomic conditions and intensifying
expected to remain focused on maintaining a balance competition within the banking industry have prompted
between macroeconomic stability and support for economic BRI to implement targeted strategies aimed at sustaining
growth. growth and strengthening market leadership. Taking into
account external dynamics and the Company’s long-term
BRI projects the BI Rate in 2026 to range between 4.00% and development direction, BRI’s strategy in 2026 is centered
4.50%, reflecting the continuation of a gradual and prudent on reinforcing business fundamentals and generating
monetary easing policy. The scope for further reductions in sustainable growth. In line with this framework, BRI’s strategy
the BI Rate is expected to be limited, considering the need for 2026 focuses on three main strategic areas as follows:
to maintain exchange rate stability amid external pressures • Transform the Funding Franchise
and the constrained room for global interest rate easing. Strengthening low-cost funding by accelerating
In line with this outlook, the average Rupiah exchange rate sustainable CASA growth, optimizing digital channels,
against the U.S. Dollar in 2026 is projected to range between and enhancing transaction banking services across
IDR16,609 and IDR16,853 per U.S. Dollar. The Rupiah may retail, SME, and wholesale segments.
continue to face pressure in the first half of 2026 amid a • Revamp Existing Core, Build New Core
strengthening U.S. Dollar and heightened global geopolitical Reinforcing core businesses, particularly the micro
tensions, while the potential for appreciation in the second segment, through the refinement of business
half of the year is expected to remain relatively limited. processes and improvement of financing quality, while
simultaneously accelerating new growth engines in
Against this macroeconomic backdrop, banking consumer banking, gold pawn services, and value chain–
intermediation performance in 2026 is projected to continue based commercial and corporate segments.
growing on a sustainable yet more selective basis. National • Build World-Class Foundations
banking credit growth is estimated to reach 8.15%–11.09%, Strengthening organizational foundations through human
reflecting credit demand that is likely to remain supported capital development, robust risk management, enhanced
by the corporate segment and sectors with relatively strong utilization of technology and data, improved operational
fundamentals, while retail and MSME lending growth is efficiency, and the reinforcement of network presence
expected to proceed more cautiously amid the incomplete and brand identity.
recovery of overall household purchasing power. On Sources:
the funding side, Third-Party Funds (TPF) are projected - World Economic Outlook, International Monetary Fund (IMF), January 2026
- Indonesian Banking Statistics, Financial Services Authority (OJK), December
to grow within the range of 7.19%–9.06%, with banking 2025
- Office of Chief Economist BRI
liquidity conditions expected to remain within a relatively
normal regime, albeit still facing potential tightening risks
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Management Discussion and Analysis
on Bank Performance
Achievement of Targets and Future Targets
Target Achievement 2025
Comparison of Target and Financial Realization
Comparison of targets and financial realizations can be described as follows:
Table Comparison of Financial Targets and Realizations
(Consolidated, in IDR Billion)
Description Target Realization Achievement
Loans and Financing Granted (IDR Billion) 1,462,009 1,521,486 104.1%
CASA Ratio 67.28% 70.61% 105.0%
Net Interest Income (IDR Billion) 150,053 150,498 100.3%
Operating Profit Before Provisions for Loan Losses (PPOP) (IDR Billion) 118,607 119,430 100.7%
Loan at Risk (LAR)*) 10.36% 9.61% 107.8%
*) The calculation of LAR achievement is based on the formula: Target / Actual.
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In 2025, BRI recorded total loans and financing of IDR1,521.5 Healthy growth in loans and financing, along with improvements
trillion, representing 12.3% year-on-year growth compared to in the liabilities structure impacting Cost of Fund efficiency, was
IDR1,354.6 trillion in 2024 and achieving 104.1% of the target. also reflected in profitability improvements. This is particularly
All business segments recorded positive growth, with BRI evident in Net Interest Income, which reached IDR150.5 trillion,
Bank Only growing 10.43% year-on-year or IDR126.8 trillion. up 5.5% year-on-year from IDR142.7 trillion in 2024, achieving
On the liabilities side, BRI recorded total third-party funds 100.3% of the target. The healthy growth of Net Interest Income,
(DPK) of IDR1,466.8 trillion, an increase of 7.43% year-on- combined with disciplined cost management, enabled BRI to
year compared to IDR1,365.45 trillion in 2024. The highest generate Pre-Provision Operating Profit (PPOP) of IDR119.4
deposit growth was driven by CASA, which grew 12.71% year- trillion, up 2.6% year-on-year from IDR116.8 trillion in 2024,
on-year or IDR116.8 trillion, in line with the Funding Franchise achieving 100.7% of the target.
Transformation implemented throughout 2025. Strong CASA
growth pushed the Company’s CASA ratio to an all-time high The acceleration of non-performing loan resolution
of 70.61%, exceeding the target at 105.0%. throughout 2026 was also reflected in the improvement of
the consolidated LAR ratio, which was recorded at 9.61%,
lower than the target of 10.36%, representing an achievement
of 107.8%.
Comparison of Target and Capital Structure Realization
As of 31 December 2025, BRI maintained its capital structure in line with both target levels and regulatory minimum requirements.
The Total Minimum Capital Requirement (KPPM) or Capital Adequacy Ratio (CAR) for BRI Bank Only stood at 21.06%, and
23.52% on a consolidated basis, with the Main Core Capital Ratios 1 (CET1) and Tier-1 Capital Ratio recorded at 19.93%. Both
Tier-1 and CET1 remain well above the regulatory minimum requirements of 6.0% and 4.5%, respectively, with the details as
follows:
Table Comparison of Target and Realized Capital Structure
(bank only, in %)
2025
Description
Target Realization Achievement
CAR Ratio 22.08% 21.06% 95.24%
CET Ratio 1 20.95% 19.93% 94.95%
Tier 1 Ratio 20.95% 19.93% 94.95%
Tier 2 Ratio 1.12% 1.13% 100.89%
Tier 1 Minimum Ratio - 8.57% -
CET 1 Minimum Ratio - 8.57% -
Minimum CAR Based on Risk Profile - 9.70% -
Comparison of Target and Marketing Realization
Table of Marketing Targets and Realization Comparison
(Consolidated, in IDR Billion)
Description Target Realization Achievement
CASA 987,227 1,035,790 104.9%
PT Bank Rakyat Indonesia (Persero) Tbk. 483
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Management Discussion and Analysis
on Bank Performance
Throughout 2025, BRI will consistently implement various transaction frequency, and the utilization of payment
marketing activities to encourage the use of banking products through BRImo, BRI Debit, BRI Credit Cards, and
products and services, particularly in the third-party funds, others. Customer loyalty and appreciation programs remain
transactions, and digital services segments. These activities an integral part of the marketing strategy, delivered through
will focus on increasing the use of savings products, non- campaigns and rewards for customers.
cash transactions, and optimizing digital banking services
as part of the Funding Franchise Transformation to support These efforts have had a positive impact on BRI’s Third Party
sustainable business growth. Funds performance throughout 2025, particularly on the
CASA side, which was recorded at IDR1,035.8 trillion, growing
In order to strengthen the use of digital banking services, BRI 12.71% yoy or IDR116.8 trillion, or posting an achievement of
continued various programs aimed at increasing the adoption 104.9%.
of BRImo as the primary customer transaction channel.
These initiatives are designed to boost savings balances,
Comparison of Targets and Realization of HR Development
Employee competency development remains a top priority for the Company, implemented through various programs, including
education and certification initiatives delivered through both offline and online channels. These programs are facilitated through
the Company’s digital learning platform (BRISMART) and external learning platforms (LinkedIn Learning, GoFluent, and so on).
In 2025, the realization of human capital development initiatives exceeded the established target, achieving 109% of the annual
target. (382.11% for education development and 104,16% for education enhancement).
Table of Comparison HR Development Targets and Realizations
(In People)
2025
Description
Target Realization Achievement
Development * 1,800 6,878 382.11%
Enhancement** 101,500 105,724 104.16%
Total 103,300 112,602 109.00%
Notes:
* BRILiaN Future Leader Program (BFLP), BRILiaN Next Leader Program (BNLP). BRILiaN Leadership Development Program (BLDP), BRILiaN Banking Associate Program
(BBAP),
** Enhancement Education including BRILiaN Specialist Development Program (BSDP) 0, BSDP (1,2,3), Public Course, Certification, BRILiaN Leader Retirement Program
(BLRP), BRILiaN Bright Scholarship Program (BBSP), BRILiaN Improvement Forum (BIF), Green Program, and Socialization.
Targets in the Future (Projection)
BRI Management has prepared the Bank’s Business Plan by considering current economic conditions and economic projections
in 2026, both from macro and micro perspective
Table of Assumption in Compiling Projections
No Assumption 2026
MACRO ASSUMPTIONS
1. GDP Growth (%) 4.98 – 5.22
2. Inflation (%) 2.41 – 3.13
3. IDR/USD Rates 16,609 – 16,853
4. BI Rate 4.00 – 4.50
484 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Assumption 2026
MICRO ASSUMPTIONS
1. National Loan Growth (%) 8.15 – 11.09
2. TPF Growth (%) 7.19 – 9.06
Source: BRI Economist Team
Financial Projections
The financial projections for BRI in 2026 are as follows:
Table of Financial Projections
Proyeksi 2026
Loans & Financing Growth (YoY) 7% - 9%
Net Interest Margin (NIM) 7.4% - 7.8%
Credit Cost (CoC) 2.9% - 3.2%
Cost to Income Ratio (CIR) 41% - 43%
In 2026, PT Bank Rakyat Indonesia (Persero) Tbk projects funds collection, with a focus on CASA, is projected to
consolidated loans and financing growth to be in the range of sustain NIM at optimal levels, while taking into account
7%–9%. This growth is expected to continue to be dominated potential liquidity challenges arising from global economic
by the Micro, Consumer, and CSME segments, in line with uncertainties. Furthermore, healthier credit disbursement is
the Company’s commitment to remain a key contributor to expected to maintain loan profitability levels, supporting the
the development of Indonesia’s MSME sector, a primary pillar stability of NIM.
of economic growth. The Corporate segment is projected to
continue growing healthily, with a focus on acquiring optimal
The Credit Cost in 2026 is projected to be in the range of
business value chains. This growth in loans and financing
2.9%–3.2%, improving from 3.3% in 2025, reflecting the
will be supported by increasingly robust business process
Company’s commitment to continue the positive trend in
initiatives and agile risk management, aimed at maintaining
asset quality improvement observed in mid-2025. To ensure
credit and financing quality at a high level.
profitability remains well-maintained, the Company also aims
to continue prudent cost management, as reflected in the
On the profitability side, the Company targets a consolidated
Cost-to-Income Ratio (CIR), which is projected to be in the
Net Interest Margin (NIM) of 7.4%–7.8%, relatively stable
range of 41%–43% in 2026.
compared to the 2025 NIM of 7.8%. In 2026, third-party
Capital Structure Projection
KPMM capital as of December 2026 is projected to always be maintained above the minimum provisions of the banking and
financial services regulator’s Minimum Capital Adequacy Ratio (CAR). The description of BRI’s capital projection and CAR
fulfillment in summary is as follows:
Table of BRI Capital Projection
(In %)
Description Regulatory Minimum Requirements 2026 BRI Projection
Capital Adequacy Ratio (CAR) 15% 24.74%
PT Bank Rakyat Indonesia (Persero) Tbk. 485
Page 486
Management Discussion and Analysis
on Bank Performance
Sustainable business growth and optimal capital management aimed at ensuring consistency in visual identity, messaging,
are key to maintaining capital ratios in line with regulatory and BRI’s brand values across all products and services
requirements. communicated to customers and stakeholders.
Dividend Policy Projection To support the effectiveness of integrated marketing
communications, BRI’s rebranding also encompassed the
Considering the current capital position, BRI has established a restructuring and reinforcement of the brand architecture
dividend distribution policy by maintaining a Dividend Payout across its key products and services. This alignment was
Ratio (DPR) of at least 60% of the net profit attributable to intended to clarify the positioning of each brand, enhance
owners of the parent entity, unless otherwise determined at the the clarity of the value proposition delivered to customers,
General Meeting of Shareholders (GMS). BRI may determine and ensure a consistent brand experience across all
a higher or lower DPR by taking into account sustainable communication channels, both digital and non-digital.
business growth projections, capital adequacy requirements,
and efforts to maintain an optimal return on equity over the In this regard, the rebranded product, service, and solution
medium to long term. In accordance with prevailing regulations, brands of BRI will become the primary focus of marketing
dividend distribution may be made in the form of cash or non- communications in 2026, aimed at supporting the
cash dividends. comprehensive fulfillment of customers’ financial needs. In
accordance with BRI’s Bank Business Plan, the marketing
Going forward, dividend payments will be made while taking communication initiatives projected for 2026 include the
into account factors such as business growth strategy, following:
financial stability, and regulatory compliance. Dividend 1. Amplification of BRI’s Rebranding Initiative, through
payments are also made with due regard to applicable strengthened positioning and enhanced brand value
regulations, including POJK 17/2023 on the Implementation delivered via product, service, and solution marketing
of Governance for Commercial Banks. communications. These efforts are aimed at increasing
brand awareness, consideration, and product evaluation
Marketing Projections across various media platforms.
2. Campaign activation through a digital campaign funnel
In line with its marketing communication strategy, in as one of BRI’s clear and measurable media strategy
2025, BRI implemented a rebranding initiative as part of transformations in reaching target customers that are in
strengthening its corporate identity and aligning brand line with BRI’s product development journey.
communication comprehensively. This rebranding effort was
HR Development Projection
HR development projections in 2026 are as follows:
Table of HR Development Projection
(In Person)
Description 2026 Projection
Development * 1,700 – 2,100
Enhancement** 90,000 – 105,000
Notes:
* BRILiaN Future Leader Program (BFLP), BRILiaN Next Leader Program (BNLP). BRILiaN Leadership Development Program (BLDP), BRILiaN Banking Associate
Program (BBAP).
** Education Enhancement includes, BRILiaN Specialist Development Program (BSDP) 0, BSDP (1,2,3), Public Course, Certification, BRILiaN Leader Retirement Program
(BLRP), BRILiaN Bright Scholarship Program (BBSP), BRILiaN Improvement Forum (BIF), Green Program, and Socialization.
Long Term Plans (RJP) Evaluation
In order to ensure the effective implementation of the Long- of BRI’s forward-looking strategic direction. In 2025, the
Term Plan (Rencana Jangka Panjang/RJP), BRI consistently evaluation focused on the realization of the Corporate Plan,
conducts annual evaluations of all strategic initiatives within encompassing all Business Units (Segments) and Enablers
the relevant planning period. This evaluation is carried throughout the 2025 period. The results of this evaluation
out not only to assess the alignment between strategic subsequently formed the foundation for the preparation of
realization and the established targets and milestones, but the 2026–2030 Long-Term Plan, aligned with the aspirations
also to serve as a basis for adjustments and the formulation of Danantara Asset Management.
486 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Dividend
Dividend Policy
The dividend distribution policy is internally regulated Based on the Annual General Meeting of Shareholders (AGMS)
under Circular Letter No. SE.70.b–DIR/CMG/12/2022 held on 25 March 2025, BRI distributed dividends of IDR51.73
Book 6 concerning Dividend Management. This policy trillion, equivalent to 86% of the 2024 net income attributable
sets out the principles governing dividend management, to the owners of BRI’s parent entity of IDR60.15 trillion. The total
including ensuring the fulfillment of shareholders’ rights in cash dividend per share amounted to IDR343.4, comprising an
the distribution of dividends in accordance with corporate interim dividend of IDR135 and a remaining cash dividend of
governance principles applicable to commercial banks IDR208.4. The interim dividend was paid on 15 January 2025 to
and prevailing laws and regulations, as well as enhancing shareholders recorded in the Company’s recording date on 30
shareholder value. December 2024, while the remaining cash dividend was paid
on 23 April 2025 to shareholders recorded on 14 April 2025.
Dividend distribution is determined by taking into account In accordance with regulations, dividends were paid within 30
both BRI’s internal considerations and external factors, days from the announcement date.
including the Company’s historical performance, business
prospects, and the forward-looking economic outlook. The In the previous year, the AGMS held on 1 March 2024 approved
determination of the dividend payout ratio is based on the a dividend distribution of IDR48.10 trillion, representing 80.04%
reasonableness of profitability performance, rate of return/ of the 2023 net income attributable to the owners of BRI’s parent
yield levels, and the overall contribution to shareholders. The entity of IDR60.09 trillion. The cash dividend per share amounted
approval mechanism for dividend distribution is carried out to IDR319.00, consisting of an interim dividend of IDR84 and a
through the GMS, in compliance with applicable regulatory remaining cash dividend of IDR235. The interim dividend was
requirements, while the technical provisions governing paid on 18 January 2024 to shareholders recorded on 3 January
dividend distribution are further stipulated under BRI’s 2024, while the remaining cash dividend was paid on 28 March
internal policies. 2024 to shareholders recorded on 15 March 2024. Dividends
were paid within 30 days from the announcement date.
BRI’s dividend policy may be reviewed by the Board of
Directors, without prejudice to the authority of the GMS to The financial performance for the 2025 financial year will be
determine otherwise in accordance with BRI’s Articles of decided at the 2026 AGMS.
Association and the prevailing laws and regulations in the
banking sector.
Announcements, Payment, and Amounts of Dividend
Information on announcements, payments and dividend amounts in the last 3 (three) financial years is as follows.
Table of Dividend Announcement and Payment
Description 2024 Fiscal Year 2023 Fiscal Year 2022 Fiscal Year
Profit After Tax and Minority Interest (PATMI) (IDR billion) 60,154.89 60,099.86 51,170.31
Cash Dividend (IDR billion) 51,726.77 48,102.28 43,494.76
Non-Cash Dividend - - -
Cash Dividend Per Share (IDR) 343.4 319.00 288.22
Non-Cash Dividend Per Share - - -
80,04% of the
86% of the attributable 85% of the attributable
Dividend Pay Out Ratio (%) attributable profit for
profit for the year 2024 profit for the year 2022
the year 2023
Announcement Date (AGMS) March 25, 2025 March 1, 2024 March 13, 2023
Cash Dividend Payment Date April 23, 2025 March 28, 2024 April 12, 2023
Non-Cash Dividend Payment Date*) - - -
Notes:
1 The dividend paid includes the interim dividend
2 PATMI refers to basic earnings attributable to equity holders of the parent entity
PT Bank Rakyat Indonesia (Persero) Tbk. 487
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Management Discussion and Analysis
on Bank Performance
Historically, the details of dividend payments for the fiscal year 2003-2024 are described as follows.
Table of Dividends Announcement and Payment History
Cum Dividend
Cum Dividend (Cash
Description Announcement Date (Regular and Recording Date
Market)
Negotiation Market)
2024 Final March 25, 2025 April 10, 2025 April 14, 2024 April 14, 2024
2024 Interim December 16, 2024 December 24, 2024 December 30, 2024 December 30, 2024
2023 Final March 1, 2024 March 13, 2024 March 15, 2024 March 15, 2024
2023 Interim December 19, 2023 December 29, 2023 January 3, 2024 January 3, 2024
2022** Final March 13, 2023 March 21, 2023 March 27, 2023 March 27, 2023
2022 Interim December 30, 2022 January 9, 2023 January 11, 2023 January 11, 2023
2021 Final March 1, 2022 March 10, 2022 March 14, 2022 March 14, 2022
2020 Final March 25, 2021 April 5, 2021 April 7, 2021 April 7, 2021
2019 Final February 18, 2020 February 26, 2020 February 28, 2020 February 28, 2020
2018 Final May 17, 2019 May 23, 2019 May 27, 2019 May 27, 2019
2017 Final March 26, 2018 March 29, 2018 April 4, 2018 April 4, 2018
2016 Final March 17, 2017 March 22, 2017 March 27, 2017 March 27, 2017
2015 Final March 24, 2016 March 31, 2016 April 5, 2016 April 5, 2016
2014 Final March 23, 2015 March 26, 2015 March 31, 2015 March 31, 2015
2013 Final March 27, 2014 April 28, 2014 May 2, 2014 May 2, 2014
2012 Final March 5, 2013 March 26, 2013 April 1, 2013 April 1, 2013
2011 Final April 2, 2012 April 26, 2012 May 1, 2012 May 1, 2012
2010 Final May 2, 2011 May 27, 2011 June 1, 2011 June 1, 2011
2010 Interim November 30, 2010 December 19, 2010 December 22, 2010 December 22, 2010
2009 Final May 24, 2010 June 28, 2010 July 1, 2010 July 1, 2010
2009 Interim November 4, 2009 November 30, 2009 December 3, 2009 December 3, 2009
2008 Final May 22, 2009 June 16, 2009 June 19, 2009 June 19, 2009
2007 Final May 28, 2008 June 18, 2008 June 23, 2008 June 23, 2008
2006 Final May 22, 2007 June 13, 2007 June 18, 2007 June 18, 2007
2005 Final June 2, 2006 June 21, 2006 June 26, 2006 June 26, 2006
2004 Final May 27, 2005 June 16, 2005 June 21, 2005 June 21, 2005
2003 Final June 1, 2004 July 6, 2004 July 9, 2004 July 9, 2004
*) All dividend figures have been adjusted to a stock split of 1:2 in January 2011, a stock split of 1:5 in October 2017 and a rights issue factor of 1:0.98 in September 2021.
**) The figures for the dividend payment ratio have taken into account the interim dividend of IDR57 per share.
488 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Dividend Payout Ratio Dividends Paid Dividend Per Share
Payment Date
(%) (IDR billion) (IDR)
April 23, 2025 86 31,389.14 208.4
January 15, 2025 - 20,337.63 135.00
March 28, 2024 80,04 35,435.85 235.00
January 18, 2024 - 12,666.43 84.00
April 12, 2023 85 34,891.94 231.22
January 27, 2023 - 8,602.82 57.00
April 1, 2022 85 26,406.60 174.25
April 28, 2021 65 12,125.59 96.49
March 18, 2020 60 20,623.56 164.10
June 13, 2019 50 16,175.57 128.95
April 25, 2018 45 13,048.44 104.14
April 13, 2017 40 10,478.31 83.63
April 22, 2016 30 7,619.32 60.81
April 22, 2015 30 7,272.49 57.52
May 14, 2014 30 6,348.05 50.21
April 15, 2013 30 5,556.28 43.95
May 15, 2012 20 3,016.59 23.86
June 15, 2011 20 2,294.48 13.67
December 30, 2010 - 566.53 4.48
July 15, 2010 30 2,192.49 12.89
December 16, 2009 - 563.94 4.46
July 3, 2009 35 2,085.43 16.50
July 7, 2008 50 2,419.00 19.15
July 2, 2007 50 2,128.79 16.88
July 10, 2006 50 1,904.29 15.24
July 5, 2005 50 1,816.61 14.92
July 23, 2004 75 990.47 8.21
PT Bank Rakyat Indonesia (Persero) Tbk. 489
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Management Discussion and Analysis
on Bank Performance
Realization of the Use of Public Offering Funds
In accordance with the OJK Regulation (POJK] Number 30/POJK.04/2015 concerning Report on the Realization of Use of Funds
from Public Offerings, BRI has reported the Realization of Use of Funds from Public Offerings as follows.
Public Offering of Sustainable Environmentally Friendly Bonds I Bank BRI Phase I 2025
The proceeds from the Public Offering of Bank BRI Phase I Sustainable Environmentally-Friendly Bonds I in 2025 have been
used in full and have been reported to the Financial Services Authority (OJK).
Table of Fund Use Realization Report for Public Offering of Sustainable Environmentally Friendly Bonds I Bank BRI Phase I 2025
Realized Value of Public Offering Results
No Description Effective Date
Amount of Public
Net Proceeds (in
Offering Proceeds (in Cost (in IDR)
IDR)
IDR)
1 2 3 4 5 6
Sustainable Social Bond I Bank BRI Phase I
1 June 20, 2025 5,000,000,000,000 12,411,731,540 4,987,588,268,460
Year 2025
Jumlah 5,000,000,000,000 12,411,731,540 4,987,588,268,460
Material Information Regarding Investment, Expansion, Divestment, Acquisition,
or Debt and Capital Restructuring
BRI has rules and procedures governing acquisitions, takeovers, and extraordinary transactions such as mergers and sales of
substantial corporate assets to ensure that transactions occur transparently and under fair conditions and protect the rights of
all shareholders according to their class.
Investment
Securities
BRI invested in a number of securities, the details of BRI’s investments as of December 31, 2025 and 2024 are presented as
follows.
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Annual Report
2025
Remaining
Realization Use of Funds According to Additional
Planned Use of Funds According to Additional Information Funds from
Information
Public Offering
Exclusively for the refinancing, in Exclusively for the refinancing, in
whole or in part, of existing social whole or in part, of existing social
projects that support or promote projects that support or promote
the following categories: affordable the following categories: affordable
basic infrastructure (in terms of basic infrastructure (in terms of
both access and cost), access both access and cost), access
to essential services, affordable to essential services, affordable
housing, job creation, and programs Total (in IDR) housing, job creation, and programs Total (in IDR) (in IDR)
designed to prevent and/or alleviate designed to prevent and/or alleviate
unemployment, including small and unemployment, including small and
medium enterprise financing and medium enterprise financing and
microfinance, food security and microfinance, food security and
sustainable food systems, as well as sustainable food systems, as well as
socio-economic advancement and socio-economic advancement and
empowerment (in IDR). empowerment (in IDR).
7 8 9 10 11
4,987,588,268,460 4,987,588,268,460 4,987,588,268,460 4,987,588,268,460 0
4,987,588,268,460 4,987,588,268,460 4,987,588,268,460 4,987,588,268,460 0
Table of Securities Investment Details
(In Million IDR)
Description 2025 2024
Fair value through profit or loss 24,963,703 23,418,752
Fair value through other comprehensive income 166,052,833 167,876,286
Amortized cost 181,716,266 135,240,662
Total Securities 372,732,802 326,535,700
Expansion
BRI carried out branch network expansion as presented in the table below:
Table of Expansion
Office Network December 31, 2025 December 31, 2024 Expansion Date of Operation
Batu Branch Office, Malang
Branch Office 454 453 1
operasional as of January 13, 2025
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Management Discussion and Analysis
on Bank Performance
Business Merger/Consolution (3) In the event that the transactions as referred to in (1) and
(2) are conducted by a Public Company that has negative
BRI did not carry out business merger/consolidation activities equity, the transaction is categorized as a Material
throughout 2025. Transaction if the transaction value is equal to 10%
(ten percent) or more of the total assets of the Public
Divestment Company.
BRI did not carry out divestment activities throughout 2025. Conflict of Interest Transactions
Acquisition In accordance with the Financial Services Authority
Regulation (POJK) Number 42/POJK.04/2020 concerning
BRI did not carry out acquisition activities throughout 2025. Affiliated Transactions and Transactions with Conflict of
Interest (POJK 42/2020), what is meant by Conflict of
Debt/Capital Restructuring Interest is the difference between the economic interests of
a public company and the personal economic interests of
BRI did not carry out debt/capital restructuring activities members of the Board of Directors, members of the Board of
throughout 2025. Commissioners, major shareholders, or controllers that can
be detrimental to the public companies. Therefore, Conflict
of Interest is a condition/situation in which a person due
Material Transaction Information to his/her position, title or authority at BRI has a personal
Containing Conflict of Interest and/or interest that can affect the quality and performance of the
Transactions with Affiliated Parties objectively mandated tasks.
Material Transaction is any transaction carried out by a Public BRI has a conflict of interest policy contained in Bank BRI has
Company or Controlled Company that meets the value limits a conflict of interest policy contained in the Circular Letter
as stipulated in the Financial Services Authority Regulation of the Board of Directors Number SE.09-DIR/ KEP/03/2023
(POJK) Number 17/POJK.04/2020 Concerning Material dated March 15, 2023 concerning Corporate Governance
Transactions and Changes in Business Activities. (Book 1 related to Handling Conflict of Interest). Handling
conflict of interest is basically done through the improvement
Scope of Transaction: of values, systems, personal and culture. The basic principles
Public Listed Company conducting Material Transaction in: of handling conflict of interest include:
a. 1 (one) transaction; or 1. Maintaining integrity, prioritizing interests of the public
b. A series of transactions for a specific purpose or activity and the Company and is committed to handling conflicts
must comply with the provisions as stipulated in POJK of interest.
Number 17/ POJK.04/2020. 2. Creating transparency in the handling and supervision of
conflict of interest.
Value Limitation: 3. Encouraging personal responsibility and exemplary
(1) A transaction is categorized as a Material Transaction if behavior.
the transaction value is equal to 20% (twenty percent) or 4. Creating and fostering an organizational culture capable
more of the equity of the Public Company. of handling conflict of interest.
(2) Transactions in the form of acquisitions and disposals
of companies or operating segments are categorized as Until the end of 2025, BRI has no material transactions that
Material Transactions in terms of: contain Conflict of Interest.
a. The transaction value is equal to 20% (twenty
percent) or more of the equity of the Public Company; Affiliate Transaction
b. The total assets that are the object of the transaction
divided by the total assets of the Public Company are Based on POJK 42/POJK.94/2020 dated July 2, 2020
equal to or more than 20% (twenty percent); concerning Affiliated Transactions and Conflict of Interest
c. The net profit of the object of the transaction is (POJK42/2020), Affiliates are:
divided by the net profit of the Public Company 1. Family relationships due to marriage and descent to the
whose value is equal to or more than 20% (twenty second degree, both horizontally and vertically;
percent); or 2. Relationships between parties with Employees, Directors,
d. The operating income of the object of the transaction or Commissioners of the party;
is divided by the operating income of the Public 3. Relationships between 2 (two) Companies where there
Company whose value is equal to or more than 20% are 1 (one) or more members of the same Board of
(twenty percent). Directors or Board of Commissioners;
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Annual Report
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4. Relationships between the Company and parties, either Compliance with the provisions on Affiliated Transactions
directly or indirectly, controlling or being controlled by is guided by Circular Letter No. SE.38-DIR/FMA/12/2025
the Company; dated December 31, 2025, concerning the Management of
5. Relationships between 2 (two) Companies that are BRI’s Reporting as a Public Company (Book 5 – Reporting
controlled, either directly or indirectly, by the same party; of Affiliated Transactions). This Circular Letter regulates,
or among others:
6. Relationships between the Company and the major 1. Identification of Affiliated Parties;
Shareholders. 2. Identification of Affiliated Transactions;
3. Pelaporan Transaksi Afiliasi yang mencakup:
Affiliated Transactions are any activities and/or transactions a. Procedures for the implementation of Affiliated
carried out by a Public Company or Controlled Company Transactions;
with an Affiliate of a Public Company or an Affiliate of a b. Categorization of Affiliated Transaction Reporting;
member of the Board of Directors, member of the Board of c. Exemptions from Affiliated Transaction Reporting;
Commissioners, Major Shareholder, or Controller, including d. Disclosure of Information;
any activity and/ or transaction carried out by a Public e. Disclosure and Re-implementation of Affiliated
Company or Controlled Company for the benefit of an Affiliate Transaction Procedures.
of the Public Company or an Affiliate of a member of the 4. Duties and Responsibilities of the relevant parties;
Board of Directors, member of the Board of Commissioners, 5. Process flow for the submission of Affiliated Transaction
Major Shareholders, or Controllers. Reports.
The reporting of Affiliated Transactions to the Financial Services Authority (OJK) may be categorized as follows:
Table of Information on the Reporting Categories of Affiliated Transactions to the Financial Services Authority (OJK)
Category Transaction Description Obligations
Category 1 Category 1 refers to Affiliated Transactions that must be reported to OJK and 1. Comply with the procedures for the
disclosed to the public. An Affiliated Transaction is classified as Category 1 if implementation of Affiliated Transactions
it meets one of the following criteria: as stipulated under Article 3 and Article 4
1. Transactions between: of POJK No. 42/POJK.04/2020 concerning
a. BRI and a Controlled Company in which BRI holds less than 99% of the Affiliated Transactions and Conflict of Interest
paid-up capital; Transactions.
b. Controlled Companies in which BRI holds less than 99% of the paid-up 2. Announce information disclosure for each
capital; or Affiliated Transaction to the public in
c. A Controlled Company and another company in which the Controlled accordance with prevailing regulations; and
Company holds less than 99% of the paid-up capital. 3. Submit the information disclosure, appraisal
2. Transactions with a value exceeding 0.5% of BRI’s paid-up capital or report, and other supporting documents to
exceeding IDR5,000,000,000, whichever is lower. OJK no later than 2 (two) working days after
the date of the Affiliated Transaction.
Category 2 Category 2 refers to Affiliated Transactions that are required to obtain 1. Comply with the procedures for the
prior approval from Independent Shareholders at a General Meeting of implementation of Affiliated Transactions
Shareholders (GMS) before being reported to OJK and disclosed to the as stipulated under Article 3 and Article 4
public. An Affiliated Transaction requires approval from Independent of POJK No. 42/POJK.04/2020 concerning
Shareholders at a GMS if: Affiliated Transactions and Conflict of Interest
1. The value of the Affiliated Transaction meets the threshold of a Material Transactions.
Transaction that requires GMS approval; 2. Obtain prior approval from Independent
2. The Affiliated Transaction may disrupt the business continuity of BRI; and/or Shareholders at a GMS;
3. The Affiliated Transaction, based on OJK’s consideration, requires 3. Announce information disclosure for each
approval from Independent Shareholders. Affiliated Transaction to the public; and
4. The transaction is conducted between: 4. Submit the information disclosure referred to
a. BRI and a Controlled Company in which BRI holds less than 99% of the in point (d) above, along with the appraisal
paid-up capital; report and other supporting documents, to
b. Controlled Companies in which BRI holds less than 99% of the paid-up OJK no later than simultaneously with the
capital; or announcement of the GMS.
c. A Controlled Company and another company in which the Controlled
Company holds less than 99% of the paid-up capital.
5. The transaction value exceeds 0.5% of BRI’s paid-up capital or exceeds
IDR5,000,000,000, whichever is lower.
PT Bank Rakyat Indonesia (Persero) Tbk. 493
Page 494
Management Discussion and Analysis
on Bank Performance
Category Transaction Description Obligations
Category 3 1. Transactions carried out in compliance with prevailing laws and regulations Report to OJK no later than 2 (two) working days
or pursuant to a court decision; after the date of the Affiliated Transaction.
2. Transactions between:
a. BRI and a Controlled Company in which BRI holds at least 99% of the
paid-up capital;
b. Controlled Companies in which BRI holds at least 99% of the paid-up
capital; or
c. A Controlled Company and another company in which the Controlled
Company holds at least 99% of the paid-up capital;
3. Transactions with a value not exceeding 0.5% of BRI’s paid-up capital or
not exceeding IDR5,000,000,000, whichever is lower;
4. Loan transactions received directly from banks, venture capital companies,
financing companies, or infrastructure financing companies, whether
domestic or foreign;
5. Transactions involving the provision of guarantees to banks, venture
capital companies, financing companies, or infrastructure financing
companies, whether domestic or foreign, for loans received directly by
BRI or its Controlled Companies;
6. Transactions involving the increase or decrease of equity participation to
maintain the percentage of ownership, provided that such participation
has been held for at least 1 (one) year;
7. Transactions conducted by BRI as a financial services institution with a
Controlled Company that is an Islamic financial services institution, in the
context of developing such a Sharia financial services institution;
8. Transactions conducted in the context of restructuring by BRI; and/or
9. Transactions conducted by BRI upon being categorized as a financial
services institution under certain conditions, as determined by OJK.
Category 4 Business activities conducted in the ordinary course of business to generate 1. Comply with the procedures for the
operating revenue and carried out on a routine, recurring, and/or continuous implementation of Affiliated Transactions
basis, including transactions categorized as operational expenditures as stipulated under Article 3 of POJK No.
(Operation Expenditure/OPEX). 42/POJK.04/2020 concerning Affiliated
Transactions and Conflict of Interest
Transactions.
2. Disclose Affiliated Transactions that constitute
business activities in BRI’s Annual Report or
Annual Financial Statements, which must
include the following information:
a. The type of Affiliated Transaction;
b. The transacting parties;
c. The nature of the affiliated relationship;
d. The transaction value; and
e. A statement from the Board of Directors
confirming that the Affiliated Transaction
has complied with the procedures
referred to under Article 3 of POJK No.
42/POJK.04/2020 concerning Affiliated
Transactions and Conflict of Interest
Transactions.
The Affiliated Transactions carried out in 2025 are described as follows:
Affiliate Transaction Report
Category 1
The Company has submitted reports on Category 1 Affiliated Transactions to the public and to the Financial Services Authority
(OJK), among others as follows:
Table of Affiliated Transaction Category 1
No Transaction Date Type /Object of Transaction Name of Affiliated Party Nature of Affiliation
1 March 21, 2025 Purchase of land owned by PT Sang 1. BRI BRI and PT Sang Hyang
Hyang Seri 2. PT Sang Hyang Seri Seri are controlled, directly
or indirectly, by the same
controlling party, namely the
Government of the Republic of
Indonesia.
494 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 495
Annual Report
2025
No Transaction Date Type /Object of Transaction Name of Affiliated Party Nature of Affiliation
2 March 21, 2025 Purchase of land owned by PT Perusahaan 1. BRI BRI and PT Perusahaan
Perdagangan Indonesia 2. PT Perusahaan Perdagangan Perdagangan Indonesia
Indonesia are controlled, directly or
indirectly, by the same
controlling party, namely the
Government of the Republic of
Indonesia.
Category 2
In 2025, there were no Affiliated Transactions classified under Category 2.
Category 3
The Company has submitted reports on Affiliated Transactions classified under Category 3 to the Financial Services Authority,
among others:
Table of Affiliated Transaction Category 3
No Transaction Date Type /Object of Transaction Name of Affiliated Party Nature of Affiliation
1 June 26, 2025 Procurement of Buyback Consultant 1. BRI BRIDS is a subsidiary of BRI.
Services for 2025 2. PT BRI Danareksa
Sekuritas (BRIDS)
2 July 31, 2025 Branch Network Synergy (Co-Location) 1. BRI Pegadaian and PNM are
2. PT Pegadaian controlled companies of BRI.
3. PT Permodalan Nasional
Madani
3 July 31, 2025 Cooperation Agreement on the Placement 1. BRI The parties are Controlled
of Data Center (DC) and Disaster Recovery 2. PT Bank Raya Indonesia companies of BRI.
Center (DRC) Infrastructure Tbk
3. PT BRI Multifinance
Indonesia
4. PT BRI Danareksa
Sekuritas
5. PT Asuransi BRI Life
6. PT BRI Asuransi Indonesia
4 August 15, 2025 Information Technology for the Integrated 1. BRI Members of the BRI Financial
Governance Application 2. PT Bank Raya Indonesia Conglomerate
Tbk
3. PT Pegadaian
4. PT Permodalan Nasional
Madani
5. PT Asuransi BRI Life
6. PT BRI Asuransi Indonesia
7. PT BRI Multifinance
Indonesia
8. PT Ventura Investama
9. PT BRI Danareksa
Sekuritas
10. PT BRI Manajemen
Investasi
5 December 23, 2025 Cross-Referral Product Synergy 1. BRI Pegadaian is a controlled
2. PT Pegadaian company of BRI.
Category 4
Pursuant to Articles 8 and 9 of POJK 42/2020, there are Affiliated Transactions classified under Category 4, which constitute
business activities conducted in the ordinary course of business to generate operating revenue and carried out on a routine,
recurring, and/or continuous basis. These transactions include, among others, the following:
PT Bank Rakyat Indonesia (Persero) Tbk. 495
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Management Discussion and Analysis
on Bank Performance
Table of Affiliated Transaction Category 4
Name of Nominsl
No Transaction Date Type /Object of Transaction Nature of Affiliation
Affiliated Party Amount (IDR)
1 June 02, 2025 Procurement of Supplies for BRI PT Bringin Inti BRI directly and/or indirectly
Card Personalization Machines for Teknologi exercises control over the 1,492,157,000
2025 – Quarter I company
2 September 16, 2025 Procurement of Consultant PT BRI Danareksa BRI acts as the majority
Services for the Issuance of BRI Sekuritas shareholder 900,000,000
Short-Term Notes (Arranger)
3 October 31, 2025 Extension of the Maintenance PT Bringin Inti BRI directly and/or indirectly
Contract for BRI Card Teknologi exercises control over the
8,547,000,000
Personalization Machines (MX company
Series, SD 260, and CR 805
4 December 17, 2025 Procurement of Advisory Services PT BRI Danareksa BRI acts as the majority
for Corporate Action (Financial Sekuritas shareholder 3,700,000,000
Advisor))
5 December 17, 2025 Extension of the Maintenance PT Bringin Gigantara BRI directly and/or indirectly
Agreement (MA) Services for ATMs exercises control over the 2,357,250,000
at BRI KCLN Timor Leste for 2025 company
6 December 31, 2025 Mutual Funds PT BRI Management BRI acts as the majority
39,365,190,516
Investasi shareholder
7 December 31, 2025 Bancassurance PT BRI Asuransi BRI acts as the majority
1,433,788,500
Indonesia shareholder
8 December 31, 2025 Broker-Dealer (Securities Trading PT BRI Danareksa BRI acts as the majority
4,274,458,859
Intermediary / APPE Sekuritas shareholder
9 December 31, 2025 Custodian PT BRI Danareksa BRI acts as the majority
18,069,185,246
Sekuritas shareholder
In addition to the Affiliated Transactions described above, Fulfillment of Related Rules and Conditions
there are other transactions that are not presented in detail in
this Annual Report. Such other Affiliated Transactions can be In alignment with Financial Services Authority Regulation
found in the Annual Financial Statements. Note 44 (Related No. 17 of 2023 dated 14 September 2023 concerning the
Party Transactions) Implementation of Governance for Commercial Banks, and
Minister of State-Owned Enterprises Regulation No. PER-2/
Fairness of Transactions MBU/03/2023 concerning Guidelines on Governance and
Significant Corporate Actions of State-Owned Enterprises
Transactions with affiliated parties were conducted in (SOEs), affiliated transactions between the Company and
accordance with generally accepted business practices, its Subsidiaries are synergies between banking business
including by complying with the arm’s length principle. groups in the context of optimizing resources, supporting the
implementation of business activities and providing added
Affiliated Transaction Review Mechanism value to the BRI Group. Meanwhile, affiliated transactions
with other affiliated parties are carried out in the context
Each Head Office Group acting as the Transaction Owner Work of mutually beneficial business synergies, efficiency/
Unit, intending to enter into a transaction with an Affiliated optimization in operational activities and providing added
Party, is required to submit the proposed transaction to the value for each party.
Corporate Secretary Group. In this regard, the Transaction
Owner Work Unit must also coordinate with the Work Unit To ensure that affiliated and/or related party transactions
overseeing the compliance function and the Work Unit are conducted fairly and in accordance with the Company’s
overseeing the legal function to ensure regulatory compliance. interests (arm’s length transactions), each transaction with
Furthermore, coordination with the Work Unit overseeing affiliated and/or related parties must undergo a review
subsidiary synergy is required if the affiliated transaction is mechanism in accordance with the procedures established by
conducted with a Subsidiary. Compliance with the obligations the Company. All significant transactions and balances with
relating to affiliated transactions is guided by Circular Letter No. affiliated and/or related parties are carried out under normal
38–DIR/FMA/12/2025 dated 31 December 2025 concerning the and arm’s length terms and conditions.
Management of BRI Reporting as a Public Company (Book 5 –
Reporting of Affiliated Transactions).
496 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 497
Annual Report
2025
Statement of the Board of Directors Regarding Related Parties Transaction
Affiliate Transactions and the Role of the
Board of Commissioners and Committee BRI and its subsidiaries had transactions with related parties
Regarding Affiliate Transactions as defined in PSAK Number 224 concerning “Related Party
Disclosures”. A party is considered related to BRI and its
In this regard, the Board of Directors states that the affiliate subsidiaries if:
transactions have undergone adequate procedures, are 1. Directly or indirectly through one or more intermediaries,
conducted in accordance with prevailing business practices, a party (i) controls, or is controlled by, or is under
and comply with the arm’s length principle as well as common control with, BRI and its subsidiaries; (ii) has an
applicable laws and regulations. As part of the effort to ensure interest in BRI and its subsidiaries that exerts significant
that such transactions are carried out in the best interests of influence over BRI and its subsidiaries; or (iii) has joint
the Company and to prevent potential conflicts of interest control over BRI and its subsidiaries;
that may arise from the proposed affiliate transactions, the 2. A party related to BRI and its subsidiaries;
Audit Committee and the Risk Management Monitoring 3. A party having a joint venture in which BRI and its
Committee (KPMR), in accordance with their duties and subsidiaries are venturers;
responsibilities, review and provide recommendations to the 4. A party is a member of the key management personnel
Board of Commissioners regarding any potential conflicts of of BRI and its subsidiaries or parent;
interest. Accordingly, the affiliate transactions have complied 5. A party is a close family member of an individual
with the arm’s length principle. These affiliate transactions described in point (1) or (4);
do not require approval from Independent Shareholders. 6. A party is a controlled entity that is jointly controlled
or significantly influenced by or for which significant
All affiliate transactions have been reported to OJK in voting rights in several entities, directly or indirectly, an
accordance with POJK 42/2020. Furthermore, in addition to individual as described in point (4) or (5); and
the transactions above, there are other Affiliate Transactions 7. A party is a post-employment benefit plan for employee
which are disclosed in the Related Party Transactions benefits from BRI and its subsidiaries or entities related
section. to BRI and its subsidiaries.
Name of the Transacting Parties and Nature of Relations
The balances and transactions with related parties are as follows:
Table of Related Parties
Related Parties Elements of Related Party Transactions
RELATIONSHIP OF COMPANY ACTIVITY CONTROL
Key Management Loans granted, employee benefit programs, customer deposits
Majority Ownership Through The Ministry of Finance of The Republic of Indonesia
Government of the Republic of Indonesia Securities
Ownership Relationship Through The Central Government of Indonesia
Perusahaan Umum BULOG Loans granted
PT Sarana Multi Infrastruktur (Persero) Securities
PT Perkebunan Nusantara IV (Persero) Loans granted
PT INKA Multi Solusi Acceptance of receivables and liabilities
PT Indo Raya Tenaga Loans granted
PT Sumber Segara Primadaya Loans granted
PT Bhirawa Steel Outstanding irrevocable letters of credit in respect of imports, export bills, and other
receivables
PT Sumbagselenergi Sakti Pewali Loans granted
PT Bank Rakyat Indonesia (Persero) Tbk. 497
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Management Discussion and Analysis
on Bank Performance
Related Parties Elements of Related Party Transactions
PT Wijaya Karya Realty (Persero) Other assets
PT Bank Mandiri (Persero) Tbk Securities, Current Accounts with Other Banks, Placement with Bank Indonesia and
Other Financial Institutions, Securities Sold Under Agreement to Repurchase, Fund
Borrowings
PT Bank Negara Indonesia (Persero) Tbk Current Accounts with Other Banks, Placements with Bank Indonesia and Other
Financial Institutions, Securities, Borrowings
PT Petrokimia Gresik Export Bills and Other Receivables
PT Perusahaan Listrik Negara (Persero) Securities, Guarantees Issued, Loans
PT Bahana Artha Ventura Equity Investments
PT Bank Syariah Indonesia Tbk Equity Investments, Current Accounts with Other Banks, Placements with Bank
Indonesia and Other Financial Institutions, Borrowings
PT Bank Tabungan Negara (Persero) Tbk Current Accounts with Other Banks, Placements with Bank Indonesia and Other
Financial Institutions, Securities Purchased under Resale Agreements
PT Perusahaan Gas Negara Guarantees Issued
PT Pertamina Hulu Energi Guarantees Issued
PT Kereta Api Indonesia (Persero) Loans, Outstanding Irrevocable Letters of Credit in respect of imports, Securities
PT Pembangunan Perumahan (Persero) Tbk Guarantees Issued, Acceptance Receivables and Liabilities, Outstanding Irrevocable
Letters of Credit in respect of imports, Export Bills and Other Receivables
PT Adhi Karya (Persero) Tbk Guarantees Issued, Acceptance Receivables and Liabilities, Export Bills and Other
Receivables, Outstanding Irrevocable Letters of Credit in respect of imports
PT Indonesia Asahan Aluminium (Persero) Securities, Acceptance Receivables and Liabilities
Pusat Investasi Pemerintah Borrowings
PT PP Presisi Tbk Export Bills and Other Receivables, Acceptance Receivables and Liabilities
PT Waskita Karya (Persero) Tbk Loans granted
PT Wijaya Karya (Persero) Tbk Guarantees Issued
PT Wijaya Karya Bangunan Gedung Tbk Acceptance Receivables and Liabilities
PT Pertamina Trading and Services Acceptance Receivables and Liabilities, Outstanding Irrevocable Letters of Credit in
respect of imports
PT Fintek Karya Nusantara Equity Investments
PT Sarana Multigriya Finansial (Persero) Securities, Borrowings
PT Pertamina Securities
PT Pupuk Indonesia Securities
MIND ID Trading Pte Ltd Outstanding Irrevocable Letters of Credit
Yayasan Kesejahteraan Pekerja BRI Old-Age Benefit Program (THT Program)
Dana Pensiun BRI Employee Defined Benefit Pension Plan
Dana Pensiun Pegadaian Employee Defined Benefit Pension Plan
Dana Pensiun Lembaga Keuangan BRI Defined Contribution Pension Plan
Dana Pensiun Lembaga Keuangan BNI Defined Contribution Pension Plan
PT Bank Hibank Indonesia Current Accounts with Other Banks, Borrowings
PT Pupuk Kalimantan Timur Outstanding Irrevocable Letters of Credit in respect of imports, Guarantees Issued
PT Prima Armada Raya Finance Lease Receivables
PT Kilang Pertamina Balikpapan Outstanding Irrevocable Letters of Credit in respect of imports
Pertamina International Marketing & Distribution Pte Outstanding Irrevocable Letters of Credit in respect of imports
Ltd (PIMD)
PT Pertamina Patra Niaga Guarantees Issued, Loans
PT PG Rajawali I Export Bills and Other Receivables
498 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 499
Annual Report
2025
Related Parties Elements of Related Party Transactions
PT Hutama Karya (Persero) Export Bills and Other Receivables, Acceptance Receivables and Liabilities, Loans
PT Pelindo Terminal Petikemas Outstanding Irrevocable Letters of Credit in respect of imports
PT Pertamina Hulu Rokan Guarantees Issued
PT Semen Indonesia (Persero) Export Bills and Other Receivables
PT Sinergi Gula Nusantara Export Bills and Other Receivables
PT Timah Tbk Export Bills and Other Receivables
PT Danareksa Finance Borrowings
Fairness and Reasons for the Transaction
In the normal course of business, BRI conducted transactions with related parties due to ownership and/or management
relationships. Related party transactions occurred due to BRI’s business needs. All transactions with related parties became
subject to mutually agreed policies and terms. Transactions with related parties were conducted fairly in accordance with the
interests of the Company (arm’s length transaction). The transactions were carried out following the laws and regulations and
were free from conflicts of interest.
Realization of Related Party Transactions
Details of transaction balances with related parties are described as follows.
Table of Realization of Related Party Transactions
(In Million IDR)
Description 2025 2024
ASSET
Current accounts with other banks 490,057 504,737
Placements with Bank Indonesia and other financial institutions 2,771,604 5,193,730
Securities 249,003,822 239,144,169
Export bills and other bills 7,587,864 3,863,027
Securities purchased under resale agreements - 963,042
Loan granted 154,770,458 89,123,052
Receivables Lease Financing 32,286 42,192
Acceptance Receivables and Liabilities 2,122,428 2,055,642
Share Investment 7,872,236 7,116,383
Other Assets 707,525 707,466
Total assets of related parties 425,358,280 348,713,440
Total consolidated assets 2,135,371,105 1,992,186,906
Percentage of total assets of related parties to total consolidated assets 19.92% 17.50%
LIABILITIY
Current account 250,922,159 138,110,382
Savings 2,025,914 284,856
Time Deposit 152,677,104 118,664,697
PT Bank Rakyat Indonesia (Persero) Tbk. 499
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Management Discussion and Analysis
on Bank Performance
Description 2025 2024
Deposit from other banks and other financial institution 1,375,787 1,156,791
Securities sold under agreements to repurchase 4,274,852 4,613
Securities Issued 5,718,531 4,607,502
Loan Accepted 36,536,685 36,666,287
Subordinated loans 229,330 229,118
Compensation to key employee management 788,489 772,523
Present value of work separation scheme liability 337,500 333,607
Present value of old age benefit liability 160,814 150,373
Present value of grand leaves liability 177,534 162,897
Present value of gratuity for service liability 259,991 202,911
Present value of other benefit program of defined benefit payment liability 9,072 8,708
Present value of BPJS liability 37,822 19,616
Total liabilities to related parties 455,531,584 301,374,881
Total consolidated liabilities 1,804,429,671 1,668,871,890
Percentage of total liabilities to related parties to total consolidated liabilities 25.25% 18.06%
COMMITMENTS AND CONTINGENCIES ON ADMINISTRATIVE ACCOUNTS
Issued Guarantee 27,032,621 33,045,309
Irrevocable L/C that is in progress for import 9,186,188 8,147,245
Defined Benefit Pension Plan Contributions 560,737 368,903
Old Age Benefit Program Contributions 168,151 175,057
Defined Contribution Pension Plan Contributions 614,893 564,087
Total 1,343,781 1,108,047
Table of Percentage of Transactions with Related Parties to Total Consolidated Assets and
Liabilities of BRI and Subsidiaries
(In % )
Description 2025 2024
ASSET
Current accounts with other banks 0.023 0.025
Placements with Bank Indonesia and other financial institutions 0.130 0.261
Securities 11.662 12.004
Export bills and other receivables 0.355 0.194
Securities purchased under resale agreements - 0.048
Loan granted 7.249 4.474
Receivables Lease Financing 0.002 0.002
Acceptance receivable and payable 0.099 0.103
Investment in share 0.369 0.357
Other assets 0.033 0.036
Total 19.922 17.504
500 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Description 2025 2024
LIABILITY
Current account 13.911 8.276
Savings 0.112 0.017
Time deposit 8.464 7.110
Deposit from other banks and other financial institution 0.076 0.069
Securities sold under agreements to repurchase 0.237 -
Marketable securities issued 0.317 0.276
Fund borrowing 2.026 2.197
Subordinated Loans and Marketable Securities 0.013 0.014
Compensation to key employee management 0.098 0.099
Total 25.254 18.058
Disclosure References In Financial Statements
Details of related party transaction realizations (values) are To ensure that affiliate and/or related party transactions are
presented in Note 44 of the attached Financial Statements in this conducted fairly and in accordance with the Company’s interests
Annual Report. These related party transactions are business (arm’s length transactions), each transaction with affiliated
activities conducted to generate operating income and are and/or related parties must undergo a review mechanism in
carried out on a routine, repetitive, and/or continuous basis. accordance with the procedures established by the Company.
All significant transactions and balances with affiliated and/or
Fulfillment of Related Rules and Conditions related parties are conducted under normal and arm’s length
terms and conditions.
Transactions with affiliates and/or related parties are
conducted under the same terms and conditions as Statement of the Board of Directors Regarding
transactions with third parties. The transactions undertaken Related Transactions and the Role of the
by the Bank comply with the Financial Services Authority Board of Commissioners and Committee
Regulation Number 42/ POJK.04/2020 concerning Affiliate
Transactions and Conflicts of Interest Transactions (POJK The Board of Directors states that the affiliate and/or related
42/2020), at the time these transactions were executed. All party transactions have undergone adequate procedures, are
material transactions and balances with related parties are conducted in accordance with generally accepted business
disclosed in the relevant notes to the consolidated financial practices, and comply with the arm’s length principle as well
statements, and the details are presented in Note 44 of the as applicable laws and regulations.
consolidated financial statements.
As part of the effort to ensure that such transactions are
Related Party Transaction Review Mechanism carried out in the best interests of the Company and to
prevent potential conflicts of interest that may arise from the
Each related party transaction is subject to adequate review, proposed affiliate and/or related party transactions, the Audit
considering the type and substance of the transaction, Committee and the Risk Management Monitoring Committee
particularly when occurring among entities within the same (KPMR), in accordance with their duties and responsibilities,
parent holding entity. The process of presenting related party review and provide recommendations to the Board of
information involves identifying transactions with related Commissioners regarding any potential conflicts of interest.
parties based on the latest related party list provided by the Accordingly, the affiliate and/or related party transactions
parent holding entity, which is updated periodically, thereby have complied with the arm’s length principle. Such affiliate
ensuring that all related party transactions are properly and/or related party transactions do not require the approval
identified, recorded, and disclosed in accordance with the of the Independent Shareholders.
applicable standards.
PT Bank Rakyat Indonesia (Persero) Tbk. 501
Page 502
Management Discussion and Analysis
on Bank Performance
Changes In Law and Their Impact on Bank
Table of Changes in Legislation in 2024
Information on Impacts on Financial
No Regulation Key Provisions
Adjustments Mad Statements
1 POJK No. 24 of POJK No. 24 of 2025 was issued to strengthen governance a. Establishing policies and procedures Has no impact on the
2025 concerning in customer account management and enhance consumer for the administration of current and Financial Statements.
Account protection in the banking sector. Previously, account management savings accounts
Management policies were determined internally by each bank, potentially b. Ensuring that no administrative fees
at Commercial resulting in inconsistent practices that could disadvantage are charged that would result in
Banks customers. This regulation aims to provide legal certainty and negative balances.
protection for customers by standardizing account management c. Providing systems to manage and
practices across the banking industry and preventing the misuse classify current and savings accounts
of customer accounts. as active, inactive, or dormant.
Financial Services Authority Regulation No. 24 of 2025 came d. Delivering notifications to customers
into effect on its promulgation date, November 10, 2025. BRI regarding account status when
is required to comply with the provisions under Article 4 and classified as inactive through the
Article 10 paragraph (1) no later than six (6) months from the Bank’s available channels.
promulgation date, or at the latest by May 10, 2026, as follows:
a. The obligation for banks to establish policies and procedures
for the administration of current and savings accounts.
b. The prohibition on charging administrative fees that result in
negative account balances.
c. The obligation to provide systems for the management of
current and savings accounts and to classify such accounts
as active, inactive, or dormant.
d. The obligation to inform customers regarding the status
of their current and savings accounts when classified as
inactive, through the channels available at the Bank.
Accounting Policy Changes
Information regarding changes in accounting policies, reasons and their impact on financial statements is presented as follows.
Table of Changes in Accounting Policies
Reason for the Impact of Changes in
Accounting Policy Explanation of Consequences and Accounting Policies on
No Accounting
Changes Policy Changes
Adjustments Made the Financial
Statements
1. Revision of PSAK 117 The overall objective PSAK 117 introduces three new measurement models, accordance with PSAK No. 117, the
• Effective Date: 1 January 2025 of PSAK No. 117 is namely the General Measurement Model (GMM), statement of profit or loss and the
• This revision covers the to provide a more the Variable Fee Approach (VFA), and the Premium statement of other comprehensive
recognition, measurement, useful and consistent Allocation Approach (PAA). income are presented separately.
presentation, and disclosure of accounting model for The separation is reflected in the
insurance contracts. insurance contracts Changes also include the presentation of insurance following line items:
• PSAK No. 117 applies to all types for insurers. PSAK No. contracts. Under PSAK 117, the statement of financial 1. Insurance service revenue
of insurance contracts, including 117 is adopted from position separately presents the carrying amounts of: in 2025 amounted to
life and non-life insurance, direct IFRS 17 and replaces 1. Issued insurance contracts that are assets IDR7,666,262,733 million.
insurance, and reinsurance, PSAK No. 104. 2. Issued insurance contracts that are liabilities 2. Insurance service expenses
regardless of the issuing entity. 3. Held reinsurance contracts that are assets in 2025 amounted to
It also applies to guarantees and 4. Held reinsurance contracts that are liabilities IDR6,364,550 million.
certain financial instruments with 3. Finance expenses from issued
non-binding participation features, Amounts recognized in the statement of profit or insurance contracts amounted
with certain scope exemptions. loss and other comprehensive income are presented to IDR361,281 million.
separately as:
1. Insurance service results, consisting of insurance The above figures represent the
revenue and insurance service expenses consolidated financial results of
2. Insurance finance income or expenses BRI and its insurance subsidiaries,
namely BRI Insurance and BRI
Life.
2. Amendment to PSAK 221 The amendment This amendment requires entities to apply a Updated BRI’s internal accounting
• Effective Date: 1 January 2025 to PSAK 221 refers consistent approach in assessing whether a currency policies in accordance with the
• PSAK No. 221 provides guidance to the IAS 21 is exchangeable into another currency and, if not, requirements set forth in PSAK
on how to incorporate foreign amendment on Lack to determine the exchange rate to be used and the 221.
currency transactions and foreign of Exchangeability. disclosures to be provided.
operations into an entity’s financial The implementation of PSAK
statements, and how to translate 221 does not have a quantitative
financial statements into the impact on BRI’s financial
presentation currency. statements.
502 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 503
Annual Report
2025
Bank Soundness Level
Bank Soundness Level is assessed based on Financial Assessment of the Soundness of Commercial Banks using a
Services Authority Regulation No. 4/POJK.03/2016 risk approach (Risk-Based Bank Rating) is carried out with a
concerning Assessment of the Soundness of Commercial scope of evaluation of the following 4 (four) factors:
Banks using a risk approach (Risk-Based Bank Rating). Bank 1. Risk Profile
Soundness Level assessment is carried out on the Bank’s risk 2. Good Corporate Governance (GCG)
and performance, which can be seen from the final rating of 3. Profitability (Earnings)
the assessment results. 4. Capital
Table of Individual BRI Soundness Level (Self Assessment)
2nd Semester 2nd Semester Assessment
Assessment 2025 2024
Rating Factor
Rating Rating
Risk Profile 2 2
Good Corporate Governance (GCG) 2 2
Profitability 3 3
Capital 2 1
Risk-Based Bank Soundness Rating 2 2
The soundness level of BRI Bank, using the risk-based assessment is the rating conducted by PT Pemeringkat Efek
assessment method (RBBR), is at Composite Rating 2 (PK Indonesia (PEFINDO), which was signed on April 21, 2025,
2) – SOUND, with the details for each assessment factor as with the following results:
follows: BRI’s Risk Profile is rated 2 (Low to Moderate), GCG a. Stand-Alone Rating : idAA+(sa)
is rated 2 (Good), Profitability is rated 3 (Adequate), and b. Final Rating: idAAA/Stable
Capital Adequacy is rated 2 (Adequate).
Thus, the Soundness Level for BRI in Financial Year 2025 is
In addition to the soundness level mentioned above, BRI Sound (AAA) as stipulated in the Regulation of the Minister of
also conducts a soundness assessment performed by a SOEs Number PER-2/MBU/03/2023.
rating agency. The rating provided as part of the soundness
The following is information on the definition of rating results by PEFINDO.
Table of Definition of Ranking Results
Ranking Results Definitions
An obligor with an AA rating differs slightly from the highest rating and has a very strong ability to meet its
long-term financial commitments compared to other obligors in Indonesia.
AA
id The plus sign (+) indicates that the given rating is relatively strong and above average within the relevant
category.
The (sa) symbol indicates that the rating is a stand-alone rating.
An obligor with an AAA rating is the highest rating given by PEFINDO. The obligor’s ability to meet its long-
AAA/Stable
id
term financial commitments, relative to other obligors in Indonesia, is superior.
PT Bank Rakyat Indonesia (Persero) Tbk. 503
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Management Discussion and Analysis
on Bank Performance
Business Continuity Information Management Assessment of Matters
with Potentially Significant Influence
Details of Issues Arising During the on Business Continuity, Including
Financial Year that Affected Business Assumptions Used
Activities
In order to implement proactive BCM, the BCM Policy has
In 2025, there were no significant issues arising during been updated, which consists of:
the financial year that materially affected BRI’s business 1. Risk and Threat Assessment (PRAB), Business Impact
activities. Analysis (BIA), Business Continuity Plan (BCP),
Emergency Response Plan (ERP), Crisis Management
Plan (CMP), Disaster Recovery Plan (DRP), and
Potentially Influential and Significant to Socialization and Testing. To ensure the implementation
Business Continuity Ord of BCM and Occupational Safety and Health (K3), BCP
trials have been carried out in the BRI Bank Critical
Threats to BRI’s business continuity can come from potential Division, as well as socialization and trials of emergency
disruptions/disasters caused by, among other things, nature response (Emergency Response) at the head office as
(natural disasters), man-made disasters, and social disasters. well as all regional offices and their supervisory business
To anticipate the impact of this potential disruption, the BRI units. BRI Bank business units have also carried out a
Board of Directors developed and implemented a Business Threat and Disaster Risk Assessment (PRAB)/Risk and
Continuity Management (BCM) Policy as outlined in Circular Threat Assessment, which aims to identify the highest
Letter No. SE.12 -DIR/MPE/09/2025 dated September 29, threats/disasters within the business unit and the
2025 concerning Business Continuity Management (BCM). resources needed to prepare for them.
The objectives of the BCM policy include, among others, 2. Updates to BRI Bank’s Emergency Funding Plan (CFP)
protecting the security and safety of BRI employees, their and Action Plan (Recovery Plan) policies, which include
families, customers, and stakeholders in accordance with the aspects of updating early warning indicators and trigger
existing Disaster Management Plan (RPB). Apart from that, levels, emergency funding strategies, and recovery
BCM aims to maintain the continuity of the most important options, as well as communication strategies for handling
business/operational activities, safeguard BRI assets, and crises. Regular monitoring of early warning indicators
ensure an adequate response in all conditions, from normal and trigger levels is carried out. In addition, to ensure the
to crisis and disaster recovery phases, until conditions return readiness of the BRI organization in implementing CFP
to normal (new normal). Currently, the challenges of BCM, procedures, a contingency funding plan trial simulation
apart from the 4 (four) factors above, are related to the was carried out to ensure the feasibility of CFP.
digitalization of banking and financial systems, which can
cause many disruptions, including cyberattacks. Disclosure of the Governance
Framework, Management and Control
In addition to threats from potential disruptions or disasters, of Tax Aspect
BRI also faces business continuity risks arising from
financial market disruptions. To anticipate the impact of BRI, as a State-Owned Enterprise (SOE) Bank that has
such disruptions, BRI has developed and established a gone public and is majority-owned by the Government of
Contingency Funding Plan (CFP) and a Recovery Plan, Indonesia, is committed to fulfilling its tax obligations under
in accordance with Law No. 4 of 2023 of the Republic of applicable regulations. To achieve better tax management,
Indonesia, dated January 12, 2023, on the Development BRI applies taxation principles to ensure effective and
and Strengthening of the Financial Sector. The CFP policy efficient tax management while always complying with the
outlines approaches and strategies to address liquidity prevailing tax laws and regulations.
crises, ensuring BRI’s ability to obtain necessary funding in
a timely manner and at a reasonable cost. In more severe On June 30, 2020, the Government issued Government
conditions, BRI will implement the Recovery Plan to ensure Regulation in Lieu of Law (Perpu) of the Republic of Indonesia
the bank can resume its business operations in a viable and Number 1 of 2020, which was later enacted as Law Number 2
sustainable manner. of 2020. It enacted Government Regulation (PP) Number 30
of 2020 concerning the Reduction of Corporate Income Tax
504 PT Bank Rakyat Indonesia (Persero) Tbk.
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Rates for Domestic Taxpayers in the Form of Publicly Listed the Financial and Management Accounting Division and
Companies, effective as of its promulgation on June 19, related business units.
2020. Subsequently, on October 29, 2021, the Government 4. Bank BRI discloses tax information transparently, adhering
issued Law Number 7 of 2021 of the Republic of Indonesia to reporting guidelines for shareholders and the public.
concerning the Harmonization of Tax Regulations (UU HPP).
These regulations stipulate, among other things, a reduction Tax management was integrated with corporate governance
in the corporate income tax rate for domestic taxpayers and and risk management, and supported by the digitalization of
permanent establishments, from the previous 25% to 22% the tax reporting system, thereby enhancing transparency,
for the fiscal years 2020, 2021, 2022, and onward, along with administrative efficiency, and minimizing potential tax
an additional 3% tax rate reduction for domestic taxpayers dispute risks. The tax strategy aligned with the sustainable
meeting specific criteria. development business strategy through compliance and
transparency in tax payments to support state revenue and
Based on Certificate Number DE/1/2025-0193 dated January contribute to achieving the Sustainable Development Goals
6, 2026, and the monthly share ownership report from (SDGs), particularly SDG 8 – Decent Work and Economic
the Securities Administration Bureau, Datindo Entrycom, Growth and SDG 16 – Peace, Justice and Strong Institutions.
regarding BRI’s share ownership throughout 2025, all the
specific requirements to obtain the tax rate reduction facility Tax compliance was stipulated in the BRI Code of Conduct
for BRI’s financial statements for the year ending December and has been disseminated to all relevant units. The Code
31, 2025, have been fulfilled. As a result, BRI qualified for a of Conduct has also been published on the BRI website.
3% tax rate reduction incentive under the provisions of Article Meanwhile, tax-related disclosures are presented in the
5, paragraph (2) of Law Number 2 of 2020. Consequently, Financial Statements and audited by an Independent Public
for 2025, Bank BRI applied a 19% tax rate in its Corporate Accounting Firm.
Income Tax calculations.
The primary stakeholder in taxation matters is the
Bank BRI adopts a tax approach that complies with all Government, represented by the tax authority, namely the
applicable tax regulations. The bank has established tax Directorate of General Taxes (DJP). Therefore, Bank BRI
policies and strategies that are approved and reviewed consistently maintains good relations with tax authorities
annually by the Director of Finance at the time of submitting but refrains from engaging in public policy advocacy on
the Annual Corporate Income Tax Return (SPT Tahunan PPh taxation or from any efforts to influence tax authorities. BRI
Badan). In managing tax implementation, Bank BRI has set fully complies with all applicable tax laws and regulations,
up a comprehensive and structured process, which includes: as well as tax policies issued by the Government. Operating
1. The governance body (executive) responsible for only in Indonesia, with a few branches overseas, Bank BRI’s
formulating, reviewing, and implementing tax strategy is tax reporting is exclusively conducted for Indonesia.
the Finance Director.
2. Bank BRI has internal tax guidelines for fulfilling tax The BRI profile is presented in the Company Profile
obligations, outlined in BRI’s Circular on Tax Provisions chapter, while the financial information is presented in the
and the BRI Taxation Standard Operating Procedures, Management’s Discussion and Analysis (MD&A) chapter of
which serve as standards for all BRI Business Units. this Annual Report. The taxes paid have been in line with the
3. Bank BRI identifies, manages, and monitors tax Company’s performance and profit generation.
obligations under applicable regulations through
continuous monitoring and reconciliation carried out by
Table of Contributions to the State
(in million IDR)
Tax Types Year 2025 Year 2024
A TAX
Income Tax (PPh) 25,762,792 29,614,698
Value Added Tax (VAT) and Sales Tax on Luxury Goods (PPnBM) 2,213,989 2,102,680
Import/Export Duties, Customs and Excise, and Stamp Duty 38,843 36,982
Regional Taxes and Levies (PDRD), including Land and Building Tax for Urban and Rural
143,916 126,702
Areas (PBB P2)
Total Tax Contribution (Total A) 28,159,540 31,881,062
PT Bank Rakyat Indonesia (Persero) Tbk. 505
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Management Discussion and Analysis
on Bank Performance
Tax Types Year 2025 Year 2024
B NON-TAX STATE REVENUE (PNBP)
Dividends 27,681,809 25,714,902
Other Non-Tax State Revenue 179,220 76,561
Total PNBP Contribution (Total B) 27,861,029 25,791,463
Total Contribution to the State (Total A and B) 56,020,569 57,672,525
Response to Change in Monetary
Policy Direction
In 2025, Bank Indonesia’s (BI) policy mix was focused on In the context of banking intermediation, credit demand
a measured monetary easing stance to support economic continued to face challenges. In the first half of 2025,
growth, while maintaining exchange rate stability and banking credit growth slowed to 7.03% year-on-year (yoy)
keeping inflation under control amid global uncertainty. In in July 2025, down from 10.46% yoy in December 2024.
line with manageable inflation, BI gradually reduced the BI- The deceleration was driven by credit demand that had
Rate by 125 bps, from 6.00% to 4.75%. This policy reflects not fully strengthened, amid a wait-and-see stance among
a shift toward a more accommodative monetary stance businesses and lending rates that remained relatively high.
to support economic recovery and strengthen banking Nevertheless, credit growth gradually improved to 7.74%
intermediation, while safeguarding macroeconomic stability yoy in November 2025. Meanwhile, banking third-party
and the resilience of the national financial system. funds (DPK) growth increased significantly to 12.03% yoy
in November 2025, from 4.48% yoy at the end of 2024,
The monetary easing was accompanied by more indicating that banking liquidity conditions improved amid
expansionary liquidity management and the strengthening BI’s accommodative policy stance.
of a pro-growth macroprudential policy mix. Bank Indonesia
enhanced liquidity availability in the financial system by Looking ahead, the strengthening of monetary policy
optimizing various monetary instruments, including the transmission, supported by macroeconomic stability and
management of securities and market operations, to adequate liquidity, is expected to further stimulate credit
maintain adequate Rupiah liquidity. On the macroprudential growth and reinforce the banking sector’s role in supporting
front, BI reinforced the Macroprudential Liquidity Incentive sustainable economic growth. BI projects that banking credit
Policy (KLM), which is accommodative and performance- growth may increase to a range of 8%–12% in 2026, in line
based, with the objective of lowering banking interest rates, with the stronger transmission of monetary easing policies
increasing credit disbursement, and directing financing and continued coordination with the Government and the
toward priority sectors with high multiplier effects on Financial System Stability Committee (KSSK).
economic growth.
In response to the benchmark interest rate adjustments and
With the more accommodative policy mix, the transmission the monetary policies of BI and The Fed, BRI has selectively
of monetary policy to the financial sector began to show adjusted its deposit and lending interest rates (particularly
improvement, particularly in the second half of 2025, although for short-term loans). As of December 2025, BRI’s SBDK has
the pace of transmission was not yet evenly distributed. The been adjusted in accordance with the implementation of OJK
decline in money market and deposit rates occurred more Regulation No. 13 of 2024, dated August 12, 2024, on the
rapidly, reflecting the banking sector’s initial response to Transparency and Publication of Prime Lending Rates for
the easing policy. However, adjustments to lending rates Conventional Commercial Banks
were implemented more gradually, in line with prudent risk
management considerations and caution in responding to
credit demand dynamics.
506 PT Bank Rakyat Indonesia (Persero) Tbk.
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Prohibitions, Limitations and/or general, and were given at market interest (market rate) and on
Significant Obstacles to the Legal a reasonable (arm’s length) basis, while taking into account the
Lending Limit Between Banks and principle of prudence.
other Entities in a Business Groups
Mechanism for Provision of Funds to
In carrying out its business activities, BRI established a policy Related Parties
that includes limits on providing funds to related parties in
accordance with the Regulation of the Financial Service 1. Provision of Funds to Bank Related Parties was submitted
Authority (OJK) of the Republic of Indonesia Number 32/ independently or collectively through the Credit Operation
POJK.03/2018 concerning Legal Lending Limits (BMPK) and Division and had to obtain approval from the Board of
Provision of Large Funds for Commercial Banks and OJK Commissioners.
Regulation No. 38 /POJK.03/2019 concerning Amendments 2. The Secretary of the Credit Committee submits the results
to POJK No. 32/POJK.03/2018 Concerning BMPK and of the approval request for follow-up according to the
Provision of Large Funds for Commercial Banks. approval decision.
3. Provision of Special Funds (especially loans) to the Board
Provision of Funds to Related Parties and of Directors and Board of Commissioners had to be carried
Large Amount of Funds out in a fair and reasonable manner (equal treatment).
In carrying out its intermediation function, the Bank manages Provision of Funds to Related Parties
fund allocation, including funds distributed as loans. This
fund allocation must be subject to risk mitigation and portfolio Provisions regarding the setting of BMPK limit were that the
diversification through limitations imposed on both Related Portfolio of provision of funds to Related Parties with a Bank
Parties and nonRelated Parties, up to a certain percentage as a whole was set at a maximum of 10% (ten percent) of the
of the Bank’s Capital or Core Capital (Tier 1), known as Bank’s Capital. Other regulated party provisions were:
the Legal Lending Limit (BMPK) and Large Exposure. In 1. Banks were prohibited from providing funds to Related
this regard, to support Indonesia’s economic growth and Parties that were contrary to the general procedures for
national competitiveness, the Regulator has provided the provision of funds.
flexibility or exemptions in implementing the BMPK and 2. Banks were prohibited from providing funds to Related
Large Exposure rules while maintaining prudential principles Parties without the approval of the Bank’s Board of
in loan disbursement. BRI has established policies related Commissioners.
to fund allocation for Related Parties, Large Exposure, and 3. Banks were prohibited from purchasing low-quality
other parties with an interest in the Bank, as regulated in assets (assets that were of substandard, doubtful, or
the BRI Board of Directors Circular Letter No. SE.27-DIR/ loss quality and/or have been restructured) from Related
KRD/10/2024 dated October 29, 2024. Parties.
4. In the event that the quality of providing funds to Related
Policy of Giving Loan to the Board of Parties declined to substandard, doubtful, or loss, the
Directors and Board of Commissioners Bank was required to take steps to correct it by:
a. Repayment of loans no later than 60 (sixty) days after
Granting loans to the Board of Directors and the Board of the decline in the quality of provision of funds; and/or
Commissioners was included in the provision on Related b. Conducted loans restructuring since the decline in
Parties, and such loans had to be approved by the Board of the quality of the provision of Funds.
Commissioners. Funding for Related Parties had been regulated 5. In the event that a Bank provided funds in the form of
by the Financial Service Authority (OJK) and the Company’s Equity Participation, which caused the party where the
provisions, namely the BRI Loans Provision Minimum Limit Policy. Bank made the Equity Participation to become a Related
The provisions and procedures for extending loans to the Board Party, the Bank was required to ensure:
of Directors and the Board of Commissioners were applied the a. Fund Provision Plan was set at a maximum of 10%
same as for extending loans to prospective BRI Bank debtors in (ten percent) of Bank Capital;
PT Bank Rakyat Indonesia (Persero) Tbk. 507
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Management Discussion and Analysis
on Bank Performance
b. Provision of funds that would be and had been given 14. Other banks that had financial relationships through the
to parties in which the Bank made Equity Participation provision of guarantees to the parties referred to in points
after being added to the entire portfolio of provision 1-11 in the event that there was a counter guarantee from
of funds to Related Parties was set at a maximum of the Bank and/or the parties referred to in points 1-11 to the
10% (ten percent) of Bank Capital; other bank.
c. Meet the conditions referred to in points 1, 2 and 3 15. Other companies in which there was an interest in the
form of share ownership of 10% (ten percent) or more
Related parties included: individually or jointly, from the parties referred to in point 5.
1. Individuals or companies that controlled the Bank.
2. Legal entity in the event that the Bank acted as a controller. Provision of Funds to Parties other than
3. Companies in the case of individuals or companies as Related Parties
referred to in point 1 act as controllers.
4. Members of the Board of Directors, members of the Board 1. Provision of funds to:
of Commissioners, and Bank Executive Officers. a. 1 (one) Borrower other than a Related Party; or
5. Parties who had family relations horizontally or vertically: b. 1 (one) group of Borrowers other than Related
i. From individuals who were controllers of the Bank as 2. Provision of funds to 1 (one) borrower other than Related
referred to in point 1; and Parties or 1 (one) group of Borrowers other than Related
ii. From members of the Board of Directors and/or Parties is set at a maximum of 25% (twenty five percent)
members of the Board of Commissioners at the Bank of the Bank’s Core Capital (Tier 1).
as referred to in point 4; 3. Banks were required to determine the classification
6. Members of the Board of Directors and/or members of the of Borrowers in a group of borrowers in the event that
Board of Commissioners in the company as referred to in the Borrower had a controlling relationship with other
points 1, 2 and/or 3. Borrowers through ownership, management and/or
7. Companies of which members of the Board of Directors financial relationships.
and/ or members of the Board of Commissioners were 4. Classification of Borrowers with the following criteria:
members of the Board of Commissioners at the Bank. a. The Borrower was the controller of other Borrowers;
8. Companies in which 50% (fifty percent) or more members b. 1 (one) party that was the controller of several
of the Board of Directors and/or members of the Board Borrowers;
of Commissioners were Directors and/or Commissioners c. 50% (fifty percent) members of the Board of
of the company as referred to in points 1, 2 and 3. The Directors and/ or members of the Borrower’s
amount of 50% (fifty percent) or more was calculated from Board of Commissioners become members of the
the total cumulative Board of Directors and/or Board of Board of Directors and/or members of the Board of
Commissioners. Commissioners at other Borrowers;
9. Companies that: d. The Borrower had financial relationships with other
a. Members of the Board of Directors, members of the Borrowers; and/or
Board of Commissioners, and/or Bank Executive e. The Borrower had a financial relationship in the form
Officers acted as controllers; and of issuing guarantees to take over and/or pay off
b. Members of the Board of Directors and/or members of part or all of the obligations of other Borrowers in the
the Board of Commissioners from the parties referred event that another Borrower failed to fulfill obligations
to in points 1, 2 and/or 3 acted as controllers. to the Bank.
10. Collective Investment Contract in which the Bank and/or 5. Borrower Group classification does not apply to:
the parties referred to in points 1-9 own 10% (ten percent) a. Provision of funds Facilities provided by Banks to
or more shares in the collective investment contract debtors in general Bank business activities; and
investment manager. b. Providing guarantees by insurance companies,
11. Companies that had financial relationships with Banks and/ guarantee companies, the Government of the
or parties referred to in points 1-9 above. Republic of Indonesia, and/or governments of other
12. The borrower was an individual or a non-bank company that countries.
had a financial relationship through providing guarantees to c. Provision of loans to debtors through companies
the parties referred to in points 1-11. using the forwarding method.
13. Borrowers who had financial relationships through d. Providing loans with a nucleus-plasma partnership
guarantees provided by the parties referred to in points 1-11. pattern with a core company scheme guaranteeing
loan to plasma.
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e. Provincial government and district/municipal Exceptions from the Calculation of Legal
government as well as between each district/city Lending Limit (LLL)
government.
Placements at each Prime Bank were excluded from the
Provision of Funds BPMK calculation with the following provision:
1. Legal Lending Limit Section for Borrowers who obtain
Provision of funds that were considered in the calculation of guarantees from Prime Bank.
BPMK and Provision of Large Funds were all provisions of 2. Legal Lending Limit to the Central Government.
funds in the position of the banking book and trading book. 3. Placement with Bank Indonesia.
1. Types of Provision of funds, namely: 4. Purchase of Securities issued by the Government of the
a. Placement; Republic of Indonesia and/or Bank Indonesia.
b. Derivative transactions; 5. The Legal Lending Limit Division, which obtained
c. Securities; guarantees from the Government of the Republic of
d. Securities under agreement to repurchase (repo); Indonesia under certain conditions.
e. Securities under agreement to (reverse repo); 6. Export-oriented Legal Lending Limit to financial
f. Acceptance bills; institutions and the Legal Lending Limit Division, which
g. Loans; obtains guarantees from financial institutions that meet
h. Equity capital; certain requirements
i. Temporary equity participation; 7. The portion of the Legal Lending Limit guaranteed by
j. Administrative account transactions; and certain collateral meets certain requirements.
k. Other forms of fund provision that may be equated 8. Provision of funds that have become a deduction factor,
with those referred to in letters a through j. Capital as referred to in the Financial Services Authority
2. Provision of Bank Funds to SOEs for development Regulation.
purposes was set at a maximum of 30% (thirty percent)
of Bank Capital. Exceeding Legal Lending Limit (LLL)
3. Provision of funds to SOEs for development purposes
such as Provision of funds for: Excess Conditions
a. Food procurement;
b. very simple Home procurement; Legal Lending Limit by BRI was categorized as exceeding the
c. Procurement, supply and/or management of oil and BMPK, caused by:
natural gas as well as alternative natural sources of 1. Decrease in Capital or Core Capital (Tier 1);
energy that are equivalent; 2. Changes in exchange rate;
d. Procurement, supply and/or management of water; 3. Changes in fair value;
e. Procurement, provision and/or management of 4. Business mergers, changes in ownership structure,
electricity; and/or changes in management structure that caused
f. Procurement and/or management of export-oriented changes in Related Parties and/or Borrower groups;
commodities; 5. Changes in provisions (regarding changes to parties
g. Procurement of instructors supporting land, sea, categorized as Related Parties or Borrower groups).
and air transportation in the form of construction of
roads, bridges, railroads, seaports, and airports; and/ The determination of Borrowers in the calculation of
or BMPK exceedance is carried out in accordance with the
h. The development of the National Tourism Strategic provisions for the calculation of Fund Provision. The BMPK
Area (KPSN) which was determined and prioritized exceedance is calculated based on the recorded value as
by the central government. of the reporting date.
Credit Risk Mitigation Techniques Settlement of Violations and Excessing of LLL
Bookings
BRI was required to apply an Credit Risk Mitigation (MRK)
technique that met certain requirements in calculating BPMK During 2025, BRI has never violated or exceeded the BPMK.
in the event that BRI recognized the existence of collateral, In the event that the Bank violates and/or exceeds the BPMK,
guarantees, guarantees or loan insurance as an Credit Risk BRI is required to prepare a follow-up plan for the settlement
Mitigation technique in calculating weighted assets according of BPMK violations and/or exceedances, along with a target
to credit risk using the standard approach by referring to the completion time.
provisions of the Financial Service Authority (OJK) which
regulated regarding guidelines for calculating risk-weighted
assets for credit risk using a standardized approach.
PT Bank Rakyat Indonesia (Persero) Tbk. 509
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Management Discussion and Analysis
on Bank Performance
Table of BPMK Violations and Exceedings
BMPK Related Parties Not Related Parties Unrelated Parties (Borrower Group) SOEs
Violations of BMPK - - - -
Exceeding of BMPK - - - -
Reporting
External Report
BRI submitted reports on Provision of Funds, Provision of Large Funds, Exceptions to Provision of Large Funds, Violations of
BMPK or Exceedings of the BMPK, individually and on a consolidated basis, to the Financial Service Authority (OJK) periodically.
Internal Report
Internally, BRI prepared BMPK reports involving business units related to the following mechanism:
1. As a basis for determining BMPK and the provisions of Large Exposure, the FMA Group provides data on BRI’s last position
of Capital to the Group in charge of the loan portfolio.
2. The Head Office Business Group , Branch Offices, UKLN, Division/ Desk in charge of Subsidiary Entities, and related units
report the data required for reporting according to their respective functions to the Group in charge of the loan portfolio.
3. The Group in charge of the loan portfolio consolidates and prepares BMPK and the provisions of Large Exposure, and
submits them to the Board of Directors and Board of Commissioners.
BRI Internal LLL
1. As a form of prudence and risk appetite, BRI sets a maximum internal BMPK amount of 85% of the BMPK determined by the
Financial Service Authority (OJK) per obligor.
2. BRI’s distribution of loan funds was focused on the MSME segment.
Transactions to Related Parties
In 2025, transactions with related parties (related party transactions) were carried out in a fair, normal commercial terms, on an
arm’s length basis, with the following details:
Table of Legal Provision Funds to Related Parties and Provision of Large Funds
2025 2024
Provision of Funds
Outstanding Outstanding
Debtors Debtors
(in IDR million) (in IDR million)
1. To Related parties 667 18,656,883 671 17,495,695
1. To Core Debtors
a. Individual 50 242,229,198 50 158,229,350
b. Group 50 314,840,547 50 211,909,460
Spot and Derivative Transactions
Spot transactions and derivative instruments undertaken by BRI are conducted within a prudent risk management framework, in
compliance with applicable regulatory requirements and prevailing best practices in the banking industry. All derivative activities
are intended to support hedging strategies, enable the management of measured risk exposure, and fulfill the transaction needs
of customers and the Company.
510 PT Bank Rakyat Indonesia (Persero) Tbk.
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The derivative instruments and spot transactions carried out by BRI are generally used to manage foreign exchange and
interest rate risk, including implementing hedging strategies for foreign currency-denominated assets and liabilities, as well as
supporting liquidity management in foreign currency. All such activities align with the Company’s role as a financial intermediary,
upholding market integrity, regulatory compliance, and sustainable risk management practices.
Throughout 2025, BRI conducted spot and derivative transactions, including forward contracts, foreign exchange swaps, interest
rate swaps, and options, all aimed at supporting the management of foreign exchange and interest rate risk. The management of
these instruments was carried out in an integrated manner and consistently aligned with the prevailing governance framework
and risk management policies.
Table of Spot and Derivative Transaction
(In Million IDR)
Derivative Bills Derivative Liabilities
Transactions
2025 2024 2025 2024
Foreign currency swaps 651,230 409,454 383,297 656,917
Forward buying and selling of foreign currency 237,629 408,102 438,327 589,736
Interest rate swaps 121,203 244,837 117,790 247,276
Currency swaps and interest rates 128,213 15,029 140,679 80,968
Spot buying and selling of foreign currency 16,426 9,626 11,862 10,223
Currency Option 12,328 - 9,798 -
Total 1,167,029 1,087,048 1,101,753 1,585,120
Report on Additional Use of State Capital Participation (PMN)
Based on the Regulation of the Minister of State-Owned Enterprises of the Republic of Indonesia Number PER-2/ MBU/03/2023
concerning Guidelines for Governance and Significant Corporate Activities of State-Owned Enterprises Additional State Capital
Participation (PMN) is the separation of state assets from the state revenue and expenditure budget which is used as capital
of SOEs and/or Limited Liability Company and managed corporately. In accordance with the provisions in Article 110 PER-2/
MBU/03/2023:
(1) Additional PMN is carried out with the aim of:
a. Improving the capital structure of SOEs or Limited Liability Company; and/or
b. Increasing the business capacity of SOEs or Limited Liability Companies.
(2) Additional PMN to SOEs as intended in paragraph (1) is used in the context of:
a. Carrying out Government assignments to SOEs;
b. Carry out restructuring and/or rescue of SOEs; and/or
c. Carry out SOEs business development.
In 2025, BRI did not receive additional State Capital Participation (PMN), so there is no information on the Report on the Use of
Additional State Capital Participation.
PT Bank Rakyat Indonesia (Persero) Tbk. 511
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Business Support Functions Overview 512 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
Business
Support
Functions
Overview
“BRI consistently strengthens its
Human Capital as a strategic enabler
of business transformation by ensuring
alignment between talent and corporate
strategies.”
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Business Support
Functions Overview
Human
Capital
BRI’s Human Capital Vision is “Home for the Best Talent (Rumah bagi Talenta Terbaik),” which consistently focuses on
the career development and capability enhancement of its employees. Throughout 2025, BRI focuses on an end-to-end
human capital transformation, prioritizing the human capital management cycle.
1. Recruitment, Talent Management, & Succession Plan partner. This was supported by a more comprehensive
Talent is viewed as the most valuable asset HC capability-building program design, including
that determines BRI’s quality, competitiveness, competency remapping, strengthened onboarding,
and sustainability in the future; therefore, its expanded certification, intensive peer coaching, and
management becomes a priority in the Company’s enhancements to the Regional HCBP Playbook as
strategic initiatives. As a manifestation of its a best-practice reference and as part of efforts to
commitment to ensuring the best talent quality, in prepare BRI’s HCBPs to serve as strategic problem
2025, BRI implemented a revamp of the Brilian Future solvers and value creators. In addition, to strengthen
Leader Program (BFLP) through the development the role of HC, a quality assurance function has been
of specialization tracks, the enhancement of implemented to ensure the quality of BRI’s human
the selection system, and the optimization of capital policy implementation across the end-to-end
the recruitment process, resulting in improved human capital management cycle.
effectiveness, higher selection quality, and faster 4. Culture and Well-being
fulfillment of organizational needs. In addition, As part of strengthening the corporate culture, BRI
BRILIANEXT serves as a platform to prepare and carried out the socialization and internalization of the
nurture future leaders in Indonesia’s banking industry latest Brilian Way through a measured and sustainable
by providing top graduates with opportunities communication strategy. This implementation was
to earn Golden and Silver Tickets for the BRI accompanied by the measurement of effectiveness
management trainee pathway. Furthermore, as part and alignment across the entire human capital lifecycle
of its commitment to leadership sustainability, BRI to ensure that the Brilian Way values are consistently
compiled the Book of Leaders to map and prepare embedded in every aspect of employee management.
top talent for future leadership roles, while ensuring As a manifestation of BRI’s commitment to ensuring
strong, sustainable leadership continuity. employee well-being, creating Insan Brilian who are
2. Performance Management, Compensation, & healthy, safe, comfortable, and happy, while also
Productivity enhancing the Employee Value Proposition (EVP), BRI
In 2025, BRI also enhanced its Performance introduced the “Teman Cerita Brilian” psychological
Management System framework through careful or counseling service in collaboration with selected
integration, complemented by a compensation design professional psychologists and counselors.
that emphasizes the principles of differentiation, 5. BRI Group Synergy
fairness, simplicity, and consistency as a strategic In supporting the implementation of financial
foundation for driving superior performance. conglomeration governance as stipulated under
Each process within this system is harmoniously Financial Services Authority Regulation (POJK) No.
structured to align work-unit achievements with 30 of 2024 concerning Financial Conglomerates and
individual contributions, fostering a sustainable, Financial Conglomerate Holding Companies, and in
high-performance culture. To further encourage order to optimize the contribution and performance
employee productivity and peak performance, BRI of all Subsidiaries, BRI continuously strengthens
refined the Productivity & Performance Enhancement synergy in managing an integrated human capital
Program (PPEP), a strategic initiative that optimizes lifecycle across the BRI Group. Such synergy
employees to meet minimum performance standards. includes aligning General Policies, performance
3. Human Capital Operating Model management, rewards, learning and development,
The refinement of the HC operating model was HCIS, people analytics, and talent mobility. As the
carried out to strengthen the strategic role of the parent company, BRI also conducts assessments of
HC Business Partner (HCBP) as a trusted business human capital maturity across the BRI Group.
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Human Capital Management Human Resources Management Policy
Framework and Strategy and Implementation
BRI formulates its human capital (HC) management strategy Recruitment
in alignment with the Company’s aspirations and corporate
strategy. This is carried out by considering the role and Policies
involvement of BRI’s human capital as a business enabler In navigating the increasingly complex, digital, and
and as part of efforts to achieve BRI’s HC vision. To support competitive financial industry landscape, BRI views
this function, BRI’s human capital is organized into several talent management as a strategic asset of the Company
Groups that encompass various end-to-end human capital in safeguarding sustainable performance and long-term
functions under the Human Capital Sub Directorate. growth. The business transformation undertaken by BRI
requires an adaptive, highly competitive organizational
The management of human capital at BRI (BRI HC Lifecycle) capability that can respond to changes in a timely and
begins by gathering business strategy inputs from the precise manner.
company, including both short- and long-term strategies that
will guide BRI HC in developing and implementing people Global competition to attract top talent, particularly in
processes. The BRI HC Lifecycle consists of six (6) stages of critical competencies and specialized areas, continues to
human resource management at BRI, namely: intensify amid the limited availability of high-quality human
1. Align: Through the development of strategies and capital (talent scarcity). This condition has elevated talent
planning. management from being merely operational to an integral
2. Attract: Through the recruitment process and part of corporate strategy, ensuring leadership continuity,
onboarding of new employees. operational stability, and the Company’s innovation capability.
3. Evolve: Through learning and development programs.
4. Accomplish: Through performance management. In response to these challenges, BRI consistently strengthens
5. Engage: Through the provision of rewards and career its Human Capital as a strategic enabler of business
management. transformation by ensuring alignment between talent and
6. Offboard: Through exit policies and retirement corporate strategies. BRI is committed to becoming an
programs. employer of choice as well as the Home to the Best Talent.
In this regard, BRI has initiated several strategic measures,
BRI’s human capital management also takes into account including:
various aspects, including customers, employees, the 1. Strategic Workforce & Capability Planning
government, national and global alliances, the media, as BRI aligns workforce planning and capability
well as partners collaborating with BRI. BRI’s human capital development with the Company’s strategic business
management involves the roles of various parties, such priorities to ensure the availability of critical talent that
as BRI as a company and related stakeholders including supports transformation initiatives, future growth, and
customers, employees, the government, national and global risk mitigation.
alliances, the media, and partners collaborating with BRI.
2. Talent Attraction
In this regard, HC management needs to be supported
BRI consistently expands access to potential talent,
by harmonious industrial relations (IR), a human capital
particularly among younger generations, through
information system (HCIS), technology, people analytics,
employer branding, engagement, and strategic
and creative HC communication.
recruitment programs that attract the best candidates
from diverse backgrounds.
In 2025, the strategic theme of BRI’s human capital is
strengthening the HC strategic foundation for managing 3. Strengthening Specialized & Critical Talent
BRI’s human capital lifecycle, with a focus on recruitment, BRI proactively develops and acquires talent with
talent management, succession plan, human capital specialized expertise and critical competencies,
operating model, productivity, performance management, particularly in strategic areas such as technology, risk,
compensation, culture, and well-being. and priority business segments, to ensure organizational
readiness to address industry complexity and future
demands.
4. Embedding Culture into Recruitment
& Talent Selection
BRI consistently integrates Brilian Way values into all
talent management processes, including recruitment
and selection, to ensure that from the outset, BRI builds
a strong organizational foundation through individuals
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who not only demonstrate excellence in competencies 6. BFLP Audit
but also uphold alignment with values, integrity, and Develops future leaders who help maintain the
corporate culture. effectiveness of internal controls, accountability, and
5. Digital Enablement & Optimization of HR Technology good corporate governance.
BRI optimizes the use of Human Capital technology and 7. BFLP Risk Management
digital systems in the recruitment process to enhance Builds talents capable of identifying, managing, and
decision quality, process efficiency, and transparency, mitigating various risks to support BRI’s business
as well as the overall candidate experience, while resilience and sustainability.
supporting a more agile, data-driven, and integrated 8. BFLP IT (Information Technology)
organization. Prepares future leaders in technology by developing
digital systems, data, infrastructure, and cybersecurity.
By implementing these strategies, BRI remains committed 9. BFLP Business Enabler
to continuously building organizational capabilities, Provides cross-functional exposure to ensure talents
strengthening talent competitiveness, and ensuring the gain a comprehensive understanding of BRI’s strategy,
sustainability of the Company’s transformation over the long operations, and business ecosystem.
term.
Seeing the phenomenon of the talent war in attracting
In addition, as a flagship program under the BRILiaN Future outstanding BRILiaN talent, BRI continuously innovates to
Leader Program (BFLP), BRI prepares the best young talents enhance its appeal more creatively through various sources
to grow into future leaders who are professional, uphold (Multi Source) and channels (Multi Channel).
integrity, and are adaptive to change. A specialization-
based approach has been designed to ensure that BFLP A. Multi Source
participants gain structured learning experiences, in-depth 1. Regular
business exposure, and opportunities to contribute directly a. National Recruitment
to the Company’s strategic areas. Through a combination Recruitment was carried out by the head office
of learning, mentoring, and real on-the-job assignments to meet the needs of prospective leaders in
aligned with their respective fields, BFLP cultivates leaders all business unit both at home and abroad (ex.
who are not only technically proficient but also possess a BRILiaN Future Leader Program).
holistic business perspective and embody the Brilian Way b. Regional Recruitment
values. The BFLP specialization tracks include: Recruitment is carried out at the BRI Regional
1. BFLP Micro Banking Office and Head Office to fulfill the need for
Develops young leaders who are close to the community, workers in certain positions or functions.
understand the micro business ecosystem, and play 2. Multi Source
an active role in promoting financial inclusion and a. BRILiaN Scholarship Program (BSP)
community-based economic empowerment. An early recruitment program designed to attract
2. BFLP CSME (Commercial, Small & Medium Enterprise) potential young generation and as a means
Cultivates talents capable of supporting MSME growth, of character development before becoming
analyzing business opportunities in productive sectors, employees of BRI through the Bank’s Employee
and contributing to the strengthening of the national Recruitment Program.
economy. b. BRILiaN Internship Program (BIP)
3. BFLP Wealth Management An internship program offering opportunities
Prepares competent professionals in wealth for high school/vocational school graduates,
management, financial planning, and sustainable students, or fresh graduates to gain work
relationship management with priority customers. experience at BRI’s Business Units while
4. BFLP Wholesale Banking providing support for the BRI Unit operations.
Equips talents with strategic experience in corporate c. BRILIANEXT
financing, project financing, and institutional banking A strategic talent engagement and early
services. recruitment program organized by BRI as part
5. BFLP Consumer of its efforts to strengthen relationships with the
Develops talents focused on retail banking products academic ecosystem and attract top talent.
and services management, enhancement of customer
experience, as well as expansion of market penetration
and financial inclusion within the consumer segment.
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B. Multi Channel 3. Experienced and Professional Hire: BRI conducted
In addition to various sources of talent search (multi Experienced Hire and Professional Hire recruitment to
source), BRI prepared various entry channels (multi meet specific needs for experienced talent in critical
channel), there were 5 (five) entry channels, namely: positions across business lines, IT, and other supporting
1. BRILiaN Future Leader Program (BFLP): A recruitment functions, prioritizing competency-, experience-, and
and education program to attract potential candidates performance-based selection, supported by an agile
and provide education as provisions to become recruitment process.
future leaders from external sources.
2. BRILiaN Next Leader Program (BNLP): Recruitment Competency Development
and education program for BRI Internal Workers
who have great potential to become future company Information on employee competency development can be
leaders. found in the Company Profile Chapter.
3. BRILiaN Banking Associate Program (BBAP): A
recruitment and development program designed to
prepare new employees at the Associate corporate Talent Management
title level, sourced from both external and internal
candidates, to support the Company’s performance Policies
in accordance with BRI’s operational standards and
prevailing corporate values. BRI implements a Talent Management System as an
4. BRILiaN Specialist Hiring Program (BSHP): a integrated framework for talent management, encompassing
recruitment program aimed at hiring employees with five stages: Attraction, Identification, Selection, Development,
specialized skills in specific areas that align with the and Succession.
company’s needs. The recruitment of employees 1. The Attraction Stages, BRI prepared Talent Sources and
through BSHP is intended to fulfill the bank’s need to Talent Channels to attract the best candidates for BRI.
fill certain positions or roles, which include: Some programs include Regular Recruitment and Talent
a. Positions related to new products/activities or Scouting. The talent channels designed by BRI include
new fields due to the company’s organizational BFLP (Brilian Future Leader Program), BNLP (Brilian Next
development, where the company does not yet Leader Program), and BBAP (Brilian Banking Associate
have employees with adequate specialized skills Program).
in those areas. 2. The Identification Stages is a grouping of BRI employees
b. A shortage of employees with specialized skills based on aspirations, individual assessment (annual
in certain fields, where the number of internal performance), and competency, and clustering into the
employees proficient in those areas is very Human Asset Value Matrix and areas of expertise (talent
limited. pool).
c. There was an urgent need to fill such positions 3. The Selection Stages: Employees were categorized into
where it is not feasible to develop the specialized talent clusters based on performance and competence.
skills of internal employees in a short period. The results are then calibrated as the basis for selecting
and determining Top Talent for the year. Employees
Recruitment Implementation selected as Top Talent receive specialized development
In 2025, BRI carried out recruitment as follows: programs to prepare them as a pool of successors and
1. BFLP: Throughout 2025, the BFLP Specialist Program future leaders.
was conducted in three recruitment waves, covering nine 4. The Development Stages, Workers will be given
(9) specialization areas that candidates could choose development programs according to their needs,
from, with an average time to hire of one (1) month. whether based on talent clusters, Corporate Titles,
2. BBAP: The BBAP program was implemented at the Head or Worker roles. This helps in the succession search
Office and each BRI Regional Office to fulfill staffing process, especially for Key Strategic Positions. Some
needs for both marketing roles (such as Junior Associate development programs include character, professional,
Mantri, Relationship Manager, and others) and non- leadership, and technical competencies.
marketing roles (such as Priority Banking Assistant, IT 5. The Succession Stage refers to the process of
Officer, and others), in accordance with the requirements selecting candidates to be placed in critical positions
of each work unit, with an average time to hire of one as successors through talent promotion or rotation
month. (succession planning). This stage is designed to ensure
the availability of successor candidates and their
readiness for specific positions, thereby ensuring the
strategic continuity of key roles within the organization.
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BRI Talent Management System
Business Strategy
Attraction Identification Selection
Performance Alignment Talent Committee +
Talent Sources UKER Pemimpin
Pekerja
Appraisal UKER
UKER Subject Matter Expert
Critical Positions Mapping
Talent
Selection
Preliminary Talent Mapping
(Using Brilliance)
Output
BLFP/BNLP/BBOP Output
Regular Recruitment Q1
expertise field High Brilian
Socienty
aspiration Q4
CAPACITY
Sleeping
Q2
Moderate Promotable
Talent Channels Position
Aspiration Q5 Q3
Low UNFIT Contributor
High Moderate Low
High IV / UA I / HIPO I / HIPO POTENTIAL
BRILian BRILian BRILian
POTENTIAL
Future Next Banking Final Talent Cluster
Moderate IV / UA II / CR II / CR
Leader Leader Officer
Program Program Program Limited V / LC III / KC III / KC
Below Meet Exceed Risk Management
RMA Talent Available :
Talent Cluster COP
Risk Management
AMA Talent Available :
Risk Management
RMA Talent Available : Final Talent Pool
COP by Corporate Title and Expertise Field
Risk Management
AMA Talent Available :
List of
Final Talent Cluster Successor Candidate
Selection proses include Talent
Review which conducted regulary
List of to review talent with career problems.
Successor Candidate
Regular Talent Committee
(Talent Committee 1- 5).
Digitalized process with Digitalized process Digitalized process
E-recruitment with Brilliance with Brilliance
CULTURE COMPETENCY FRAMEWORK GRADE EQUIVALENCE
Business Results
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Development Succession
High
Q1
Brilian
TALENT COMMITTEE
Q4 Society
CAPACITY
Sleeping
Q2
Moderate Promotable To Choose candidates & successor
Q5 Q3
Low UNFIT Contributor
Below Moderate Low
POTENTIAL
Talent Cluster
Andi Budi Candra
Risk Management
RMA RMA Talent Available: EA ME SE 5,1 ME SE 5,1 EA ME TG 5,1
COP
AMA Risk Management Jabatan Kepala Divisi/CLO Jabatan Kepala Divisi/CLO Jabatan Kepala Divisi/CLO
AMA Talent Available:
Uker Grup Kebijakan ... Uker Grup Bisnis ... Uker Grup Operasional ...
Talent Pool City Executive Vice President City Executive Vice President City Executive Vice President
by Corporate Title and Expertise Field JG 16 JG 16 JG 16
JF GM, MPO, PLA, RM JF GM, RM JF CRE, GM
SMK 3,05/3,13/3,00 SMK 3,00/3,00/3,00 SMK 3,20/3,15/3,01
Usia 52 tahun 7 bulan Usia 51 tahun 6 bulan Usia 54 tahun 2 bulan
MKCT 1 tahun 3 bulan MKCT 1 tahun 5 bulan MKCT 1 tahun 0 bulan
MKJ 1 tahun 3 bulan MKJ 1 tahun 3 bulan MKJ 1 tahun 0 bulan
MKU 1 tahun 3 bulan MKU 1 tahun 3 bulan MKU 1 tahun 0 bulan
ASC Ready Now/2,92 ASC Ready Now/3,33 ASC Ready Now/2,83
Employee Culture
EA CA
Aspiration Agent 1-on-1
Management BRILian
ME
Endorsement (1&2) Society Member For Critical Position
Successor Top 5 BLDP
SE T5
Endorsement Ranking Pool Based
Award
BEA
Winner For other Position
Digitalized process Digitalized process
with BRISMART with Brilliance
PERFORMANCE COMPENSATION & BENEFIT CAREER MANAGEMENT IR HCIS
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Development Program
In line with this development concept, Insan BRILian will go 4. Brilian Women Leaders Indonesia (BWLI): An additional
through a series of education to develop their potential to development program for selected female BRI employees,
become a Great Talent & Great Leader in accordance with providing opportunities to enhance the competencies,
the BRILiaN Development Journey, namely: knowledge, and skills required to become Indonesian
1. Brilian Leader Development Program (BLDP): An women leaders.
educational program designed to prepare employees 5. BRILiaN Society Elite Program (BSEP): Special
to become global leaders through sustainable and development program to prepare Top Talents who are
comprehensive leadership development, with an members of BRILiaN Society Member (BSM) Band 1 and
emphasis on strengthening character, national insight, Band 2, to prepare themselves to act in a more complex
global perspective, business and banking acumen, and Leader role, collaborate with companies or high-quality
technological understanding. international global education providers.
2. Brilian Specialist Development Program (BSDP): A 6. Brilian Bright Scholarship Program (BBSP): Educational
continuous and comprehensive technical competency scholarship program for permanent BRI employees
development program designed to enhance specific to pursue a master’s degree abroad at the top 30 best
knowledge and skills in line with the competencies universities in the world.
required to become specialists in particular fields. 7. Domestic Postgraduate Education Program: A
3. BRILiaN Young Leader Indonesia (BYLI): A development development program for BRI employees, implemented
program for selected young Insan BRILian that provides as a master’s degree (S2) scholarship at domestic
career acceleration opportunities and exclusive universities with “A/Excellent” accreditation
development so that employees can master the
competencies, knowledge, and skills needed to become
Indonesia’s Young Leaders.
Development Program
The Career Development Program for BRILiaN Employees has been prepared by BRI in alignment
with the Talent Management Development Program, including the BLDP Soft Competency
program and BSDP Hard Competency program, as well as other development initiatives.
BRI Talent
Attraction Identification Selection Development Succession
Management
Corp Corp Job BNLP/
BBOP1 BLDP3 BSDP4 BWLI BGLP5 BYLI6 BSEP7 BBSP8 BCEP9
Band Title Grade BFLP2
SVP - EVP
BOD-1 JG 17-21 BLDP 1 EEP
- SEVP
BOD-2 VP JG 15-16 BLDP 2 BSDP 2
BSEP
BWLI
BOD-3 SM-APV JG 11-14 BLDP 3 BSDP 3
BBSP
BOD-4 Manager JG 10 BLDP 4 BSDP 4
BGLP
BYLI
Asst.
BOD-5 JG 8-9 BLDP 5 BSDP 5
Manager
BOD-6 Officer JG 6-7 BNLP/BFLP BLDP 6 BSDP 6 BCEP
BOD-7 Assistant JG 3-5 BBOP BSDP 7
High Performing Brilian
1. BBOP: Brilian Banking Officer Progam 4. BSDP: Brilian Specialist Development Program 7. BSEP: Brillian Society Elite Program
2. BNLP: Brillan Next Leader Program (BNLP)/ 4. BLDP: Brillian Leader Development Program 8. BBSP: Brilian Bright Scholarship Program
Brilian Future leader Program (BFLP) 5. BSDP: Brilian Specialist Development Program 9. BCEP: Brilian Career Enhancement Program
3. BLDP: Brilian Leader Development Program 6. BGLP: Brilian Global Leaders Program 10. BWLI: BRILiaN Women Leaders Indonesia
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BRI also uses assessment tools to identify and measure the a. Employees understand their roles and
competencies of all employees, as well as to assess their contributions toward the achievement of the
suitability for the competency requirements of their current Work Unit.
positions and future roles. A series of systematic development b. Provide the best solutions or effective feedback
programs is prepared by BRI so that Insan Brilian can design on obstacles/problems related to employee
their own careers through the Brilian Development Plan, performance.
which is a career and competency development planning c. Offer appreciation for employees’ performance
program for each employee to achieve their career goals by achievements so they can reach the next, more
preparing personal development plans while simultaneously challenging targets.
enhancing individual and company performance. d. Facilities for the preparation of employees’
individual development plans.
3. Performance Dialogue is conducted continuously
Performance Assessment throughout the performance period with the following
explanations:
Policy a. Mandatory (required) to be carried out at
the beginning of the performance period
The individual performance management process at BRI is (performance planning) and at the end of the
packaged in a series called BRI Continuous Performance performance period (performance evaluation).
Management (BRICORE). BRICORE is a continuous process b. Optional is conducted outside the mandatory
carried out during the performance period through 3 (three) implementation, as needed by each Worker,
stages: planning, managing, and evaluating. The performance or if the Worker shows signs of declining
management process (managing) is a continuous process performance, such as unsatisfactory work
throughout the period (continuous), which is manifested quality, low initiative, refusal to work, increased
in Courageous Performance Dialogue (CPD). The cycle in complaints, defensiveness, or avoidance of more
question is depicted in the following illustration: challenging tasks.
A. Performance Planning Stage (Planning) C. Performance Evaluation Stage (Evaluating)
1. It is a process for determining employee performance 1. The process for preparing and carrying out
targets. In this stage, an agreement is reached performance evaluations, including reviewing
between the employee and the appraiser, ensuring performance developments and comparing
alignment between the employee’s and the business performance achievements with established
unit’s performance targets. performance targets.
2. This stage is not only carried out at the beginning of 2. Evaluations can be carried out by each employee
the performance period (beginning of the year) or at during the performance period; they can be quarterly,
the beginning of the worker’s assignment to a new semiannually, or annually.
position/ field of duty and Business Unit, but can be 3. Performance evaluation is carried out in the context
carried out periodically if necessary as long as it is in of performance monitoring (performance check-in)
line with the Business Unit’s performance targets. and performance appraisal.
3. Determination of these performance targets 4. The performance appraisal of each worker
(performance objectives & behavior objectives) (Performance Appraisal) is in the form of an
is contained in the performance plan for each Individual Performance Score (IPS) and an individual
employee. performance rating.
5. To avoid performance evaluations that are less than
B. Performance Management Stage (Managing) objective, employees should avoid the following
1. The management stage is packaged in the form conditions:
of Performance Dialogue, which is a two-way a. Halo Effect, a performance evaluation that is
communication activity between the Worker and the based only on the outstanding positive traits of
Evaluator in the form of effective and constructive the employee being evaluated.
feedback to achieve continuous individual b. Horn Effect, performance evaluations that are
performance improvement and processes that are based only on the prominent negative traits of
integrated into all stages of BRICORE. the employee being evaluated.
2. The implementation of the Performance Dialogue c. Leniency, appraisers tend to easily give good
is well planned (dedicated time) with the following evaluations to employees.
objectives: d. Strictness, appraisers tend to find it difficult to
give good evaluations to employees.
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e. Central Tendency, appraisers tend to give This indicates an increasing trend in the number of PPEP
evaluations that are in the middle position participants who pass compared to the previous year. Based
(between good and bad). on these evaluation results, it can be assessed that the PPEP
f. Recency Error, Appraisers tend to provide program has a positive impact on worker performance.
evaluations of employees’ work performance in
the last/recent period (not overall performance
during the assessment period). Remuneration
BRI uses the MyCore application as a supporting tool for Policies
implementing BRICORE at the Individual level. The application
is used by Workers from the performance plan input stage to BRI’s remuneration system is structured based on several
the performance evaluation process. The Company’s good main principles, including internal fairness, namely providing
performance achievement is also indicated by the alignment remuneration according to competency and ability as well as
of the Worker’s Individual Performance Score (IPS). position responsibilities, externally competitive (peers), and
paying attention to strategy, business development, and the
One way BRI manages performance at the Company, Company’s capabilities. This principle serves as a basis for
Work Unit, and Individual levels is through a performance achieving the main objectives of the remuneration system:
management process. This process aims to ensure that attracting potential employees (attract talent), retaining
individual performance aligns with company performance, competent employees (retain talent), and maintaining
motivates employees to focus on achieving targets, and employee motivation to consistently deliver their best
supports optimal performance. performance (motivate talent).
The company evaluates the overall individual performance The application of these principles is an important factor in
management process of Employees, including managing building the Company’s brand image as The Dream Company
Employees with performance below the minimum required to Work in the Financial Industry, thereby increasing the
standards (underperform). In managing underperforming Company’s competitiveness in attracting the best talent.
Employees, BRI has a Productivity & Performance Remuneration at BRI does not differentiate between gender
Enhancement Program (PPEP) that aims to optimize (male and female employees), but it does differentiate
Employees’ performance in accordance with the Company’s between race, religion, and ethnicity as regulated in the
minimum standards. Regulations on Wages for PT Bank Rakyat Indonesia
(Persero) Tbk employees.
Implementation of Performance
Assessment The remuneration given to BRI employees includes:
1. Fixed compensation (fixed pay) is given to employee
In 2025, BRI implemented the Productivity & Performance based on their position and/or work agreement. Fixed
Enhancement Program again. During the process of the pay includes basic wages and allowances, Pay attention
Productivity & Performance Enhancement Program, the to the principles of Pay for Position and Pay for Person.
Company provides various supports as follows: Fixed pay includes Monthly Salary, Religious Holiday
1. Buddy Mentoring: Buddy is determined by the Work Unit Allowance, Annual Leave Allowance, and Major Leave
Leader. Allowance for each six-year work period.
2. Training: online and offline. 2. Variable compensation (variable pay) is given to
3. Mentoring is conducted directly by the supervisor or the employees based on performance achievements,
head of the related work unit. including Performance Incentives and/or Bonuses, as
4. Coaching is conducted by a supervisor or an internal well as stock ownership programs (Employee Stock
certified coach at BRI. Allocation (ESA) and Employee Stock Option Plan
5. Counseling: the counselor appointed by the Company. (ESOP)).
3. Benefit, facilities provided to ensure security and comfort
The Productivity & Performance Enhancement Program while working, during employment, and retirement,
evaluation was conducted in October 2025, and the results consisting of benefits before the end of the employment
showed that out of a total of 2,152 participants, 1,817 period and post-employment benefits.
participants passed (performance achievement >90%
and/or 100% completion of the development plan from
the set target), representing 84% of all PPEP participants.
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Implementation of Remuneration Pension Program
To maintain the competitiveness of workers’ monthly wages Policies
in accordance with remuneration principles, the Company
conducts an annual review. In 2025, the Company provided BRI always strives to improve employee welfare both
an annual wage increase based on each individual’s during the active period and at the end of the employment
performance and the rising cost of living. Additionally, the relationship through benefit programs which include:
Company implemented a wage recomposition to adjust the 1. BPJS Health Care Insurance Program (BPJS Kesehatan)
distribution of workers’ wages by converting part of the fixed 2. Old Age Guarantee Program (BPJS Ketenagakerjaan)
allowances into basic wages. This step has a positive impact 3. Pension Security Program (BPJS Ketenagakerjaan)
on workers’ pension benefits. This further reinforces the 4. Pension Health Care Program (Prospens)
Company’s commitment not only to ensuring the welfare of 5. Defined Benefit Pension Program (PPMP)
workers during their active years but also after they reach 6. Defined Contribution Pension Program (PPIP)
retirement age. 7. Old Age Allowance Program (THT)
The Company also provides an annual bonus as a form Additionally, during the retirement preparation period,
of appreciation for each Employee’s contribution to the employees are entitled to entrepreneur education provided
company’s performance and to motivate employees to by the company to help them transition into retirement.
perform better in the future. Bonuses are awarded through This education is delivered through the BLRP (BRILiaN
a bonus pool, which promotes a performance-driven culture, Leader Retirement Program), which prepares employees for
aligns bonuses with individual and unit performance, and retirement by equipping them with knowledge, insights, and
fosters collaboration within a work unit. In 2025, employees skills to navigate their post-retirement lives.
received bonuses for 2024 fiscal-year performance, as
well as interim bonuses in the third quarter of 2025. The Implementation of Pension Program
interim bonus distribution is expected to maintain Employee
optimism, enabling them to continue delivering their best In 2025, the Company has implemented the BLRP (BRILiaN
performance and drive the company’s growth at the end of Leader Retirement Program) for employees approaching
2025. retirement. As of December 2025, a total of 741 BRI
employees have been enrolled in BRI’s retirement preparation
In addition to bonuses, variable pay is provided through development program.
an equity ownership program: a long-term incentive, the
Employee Stock Allocation (ESA) V for 2023, distributed to
each Employee’s securities account in 2025. This stock-based Human Capital Information System
compensation program is selectively granted to Employees
who consistently demonstrate positive performance BRI is building a strong digital foundation through a modern,
(Achieved) and maintain a positive track record throughout integrated Human Capital Information System (HCIS)
the assessment period from 2021 to 2024. This program is ecosystem focused on efficiency and accuracy in employee
expected to foster a sense of ownership of the Company and data management, making it a strategic pillar of organizational
motivate all Employees to continue contributing their best to development. Through the Personal Data Validation feature in
the sustainability and growth of the Company. Brilian Apps, employees are encouraged to actively maintain
the accuracy and currency of their data independently and
To ensure the smooth execution of Workers’ duties and continuously, ensuring that all personal and professional
responsibilities, the Company also provides benefits and information is reliable. Digitalization also extends to various
facilities to support official duties, including transportation critical processes, from integrated overtime management
and travel accommodation, lump-sum relocation assistance, and compensation submission to the Productivity
vehicle and official residence facilities, and a vehicle Performance Enhancement Program (PPEP), which enables
ownership program (for selected roles). Additionally, systematic monitoring, management, and improvement
Workers are provided with health maintenance benefits, of underperforming employees with valid documentation.
including outpatient/inpatient care guarantees, dental and
eye treatment and medication, assistance with eyeglasses
replacement, general medical check-ups, life and accident
insurance, and mandatory government programs. These
maintenance benefits are provided to Workers and their
immediate families (spouse and three children).
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Processes such as transfers, rotations, and promotions Culture Internalization
are supported by digital templates that enhance efficiency,
accuracy, and document consistency, while the integration BRI’s transformation focuses on two main areas: Digital and
of the Talentics system with e-Recruitment ensures talent Culture (Corporate Culture). Corporate Culture is considered
data is always up-to-date and ready for strategic decision- a fundamental pillar for achieving its Vision and Mission
making. and integrating it into its overall strategy. Recognizing the
importance of shaping employees’ character and behavior,
BRI strengthens HCIS governance through 2025 by fostering a productive and dynamic work environment,
documenting systems and procedures to maintain high- and ensuring a consistent and measurable transformation,
quality, organized, and standard compliant data. Innovative BRI Group undertakes various efforts to internalize and
developments such as the Courageous Performance implement Work Culture Initiatives.
Dialogue on MyCore during coaching and mentoring
processes, the Applicant Tracking System for selection, BRI Cultural Transformation Journey
and adjustments to compensation mechanisms for Position
Holders in structured roles demonstrate the system’s ability The BRI Cultural Transformation Journey is a continuous,
to support the entire talent management cycle, including targeted effort that emphasizes developing and
performance management, recruitment, and rewards. The strengthening work culture as the primary driver of the
bonus pool and payroll processes are now managed more Company’s transformation agenda. This effort is carried
effectively and efficiently, reflecting the synergy between out through various initiatives and programs to shape the
technology and human capital strategy. behavior, mindset, and working methods of Insan Brilian to
align with the company’s strategic direction.
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2025
1 2018 - 2020
2018 2018 - 2019
Launch as Core Values Core Values Internalization
• Integrity • Innovation Culture Transformation Movement
• Professionalism • Customer Centric
• Trust
2 2021 - 2025
2020 - 2022 2023 - 2024
Core Values Launch, Culture implementation
BRILiaN Belief and the 8 Key Behaviors through focused activities in BRI One Culture
(Brilian Ways). the business, support, and risk
functions.
Formulation of behavioral guidance
across each function, enhancement
of the Culture Activation Program,
Leaders Capability Building
program, and strengthening of the
BRI One Culture infrastructure.
3 2025 - 2030
BRIVOLUTION
The Most Profitable
REIGNITE Bank in Southeast Asia
2025 - 2030
Continuation of BRI’s comprehensive
transformation through the internalization
of the Brilian Way.
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BRI is developing a Culture Transformation Roadmap until 4. Strengthening a data-driven culture measurement
2030 as a long-term strategic framework to ensure that the system.
Company culture consistently promotes behaviors aligned
with the business strategy and the Company’s sustainability, This effort is supported by a human capital management
including but not limited to: foundation, the creation of a collaborative, positive work
1. Comprehensive internalization of the Brilian Way. environment, and an integrated communication strategy
2. Empowerment of Change Leaders and Change Agents across internal and external channels.
as role models of the culture.
3. Integration of culture into the entire Human Capital cycle,
from recruitment and development to performance
management.
Work Culture Internalization Aspects
Throughout 2025, BRI has implemented various strategic initiatives to internalize its work culture in line with the BRI One Culture
framework. The internalization of BRI One Culture focuses on four main aspects:
4 Aspect of Brilian Way Internalization
To ensure the effective implementation of Corporate Values,
several initiatives are carried out on a continuous basis.
1 2 4
3 4
3
Strengthening Promoting Competence & Management
Corporate Values Role Model Skill Development System
“I Understand” “I See It” “I am Capable” “I Have System”
Change Story/ Change Leader & Material Management Optimization of the functions
Campaign Change Agent Culture & Assignments and utilization of BRILiaN
Continuously reinforce empowerment for the BFLP curriculum. Apps and BRISMART
the importance of cultural (Training & Reinforcement as systems supporting culture
transformation through Program) implementation, including
@lifeatbri, BRILiaN Apps, Rookie Buddy, Innovation Portal,
and posters or other cultural and Culture Activation Program
artifacts. CAP monitoring.
Alignment of culture
across the Human Capital
Lifecycle
covering Recruitment,
Onboarding, Learning
and Development, and
Performance Management.
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1. Strengthening Corporate Values (I Understand) 3. Competence & Skill Development (I Am Capable)
Strengthening Corporate Values is the main foundation Competence & Skill Development focuses on
in ensuring that every BRILiaN Employee has a strengthening BRILiaN Human Capital capabilities to
comprehensive understanding of BRI’s Core Values align with the Brilian Way. The internalization of culture is
along with their definitions and key behaviors. BRI systematically integrated into all Employee Development
continuously internalizes these core values through Programs, including onboarding materials for new hires
consistent communication approaches (change stories/ and refreshment programs for existing Employees.
campaigns), utilizing various internal channels such as 4. Management System (I Have System)
Social Media @lifeatbri and BRILiaN Apps, as well as the The Management System is a strategic support
use of artifacts and symbols of work culture. mechanism that ensures the management of BRI’s Work
2. Promoting Role Model (I See It) Culture is structured, measurable, and sustainable. BRI
Promoting Role Model emphasizes the leadership role consistently develops BRILiaN Apps as the main platform
as the main driver of BRI’s work culture. All Work Unit for implementing the culture, including support for the
leaders at BRI serve as Culture Leaders who actively set BRISMART and Work Culture and Innovation Portal
an example in implementing the Brilian Way. Their role applications, the BRILiaN Rookie Buddy program, and
as Leaders is supported by Change Agents present in an integrated, data-driven Culture Action Program (CAP)
each Unit Work. This initiative is reinforced through monitoring system. In line with this, BRI also conducts
empowerment programs for Change Leaders and comprehensive alignment of the Work Culture across the
Change Agents to ensure consistency in behavior and Human Capital cycle, from recruitment and Learning &
cultural messages across all levels of the organization. Development to Performance Management.
Internalization of Brilian Way in BRI Group
The Board of Management of BRI directly
conducted the Brilian Way Kick Off
1
in their respective assigned regions.
16
2
3
4 18
14
5 15
678
9 10
11 12
13 17
6
7
1 2 3 4 5 8 9
Region 1 Region 2 Region 3 Region 4 Region 5 Region 6, 7, 8 Region 9
Medan Pekanbaru Padang Palembang Bandar Lampung Jakarta 1, 2, 3 Bandung
10 12
11 13 14 15 16 17 18
Region 10 & 11 Region 12 & 13
Region 14 Region 15 Region 16 Region 17 Region 18
Semarang and Surabaya and
Banjarmasin Makassar Manado Denpasar Jayapura
Yogyakarta Malang
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Business Support Functions Overview As part of strengthening the corporate culture, the BRI Board meaning, and expectations of implementing the Brilian Way of Directors conducted a direct dissemination of the Brilian directly to BRILiaN personnel across all operational units. This Way through a series of Kick Off Brilian Way activities at each approach reinforces the sense of ownership among BRILiaN regional office. This activity serves as a strategic means personnel and emphasizes that cultural transformation is a for the Board of Directors to communicate the direction, shared agenda. BRI also ensures that the Brilian Way implementation alignment has been carried out across all entities within the BRI Group, including 10 (ten) subsidiary companies. The adjustments are made based on each entity’s business characteristics, organizational maturity levels, and strategic needs. In addition, BRI has also undertaken several initiatives to ensure that the internalization of Brilian Way can be understood and implemented by all Brilian personnel, including the following: 1. CULTURE TEAM MANAGEMENT 3. CULTURE MEASUREMENT In order to optimize the management of BRI Work Culture To ensure that Brilian Way is understood and implemented and the implementation of BRI One Culture at Work consistently, BRI conducts regular and targeted culture Units, an active role from the Culture Team is required measurements. The measurement assesses employees’ to serve as role models in internalizing BRI’s work understanding of the core values, definitions, and culture values. The Culture Team consists of Change behaviors of Brilian Way, the application of the culture at Leaders (CL), Change Agents (CA), and Change Agent the Work Unit level, and management’s role modeling of Coordinators (CAK), who actively ensure the success of these core values and behaviors. the culture program that promotes behaviors to improve 4. BRI EXCELLENCE AWARD performance. The BRI Excellence Award (BEA) is one of the highest 2. BRILLIAN WAY ALIGNMENT IN THE HUMAN CAPITAL forms of appreciation BRI gives to its employees and CYCLE work units that consistently deliver the best performance BRI makes work culture the foundation in Human Capital in meeting the Company’s targets. management to ensure the sustainability of organizational performance. Work culture is systematically integrated into all stages of the Human Capital Lifecycle, from recruitment, onboarding, learning & development, performance management, to career development and succession. 528 PT Bank Rakyat Indonesia (Persero) Tbk.
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Information Transparency for Employees
The transparency of information provided by BRI’s human capital to BRI Group Employees is through the Human Capital General
Policy (HCGP). The Human Capital General Policy serves as a guideline for the parent company BRI and its subsidiaries within
the BRI Group in managing human resources.
The Human Capital General Policy (HCGP) standardizes human capital management policies by establishing uniform knowledge,
skills, and employee behavior aligned with global conditions and the company’s business dynamics. In this regard, HCGP serves
as a foundation for human capital management plans and strategies, a guideline for developing policies and procedures related
to human capital, and a standard reference for supervising human capital functions across all entities within the BRI Group. The
HGCP covers provisions related to parenting style, HC maturity level, and HC management (HC lifecycle), which consists of
human capital strategy, human capital planning, reward, career management, resourcing, onboarding, learning, development,
performance management, industrial relations, people analytics, HC information system, HC communication, and offboarding.
In addition to being an effort to open up HC BRI’s information to BRI Employees, HCGP is expected to address the Company’s
challenges in managing human capital and adapting to changing expectations regarding capabilities and competencies in the
future.
Human Resources Management Structure
In 2025, the organizational structure of the human capital management function changed from being under the supervision of
the Human Capital & Compliance Directorate to the Human Capital Sub-Directorate (effective as of December 18, 2025).
President
Director
SEVP Human
Capital
Human Capital Human Capital Human Capital Culture
Human Capital Corporate
Strategy & Talent Business Partner 1 Business Partner 2 Transformation
Service Group University Group
Management Group Group Group Group
The following outlines the scope of authority of each Group under the Human Capital Sub-Directorate:
a. Human Capital Strategy & Talent Management Group b. Human Capital Business Partner 1 Group
(Previously: Human Capital Strategy & Policy Group) • Strategic Business Partner
• HC Strategy & Synergy • Career & Succession Implementation (based on
• HC Policy, Governance & Quality Assurance Directorates)
• HC Planning & Budgeting • HC Advisory, Solutions, Alignment, & Integration
• People Analytics (based on Directorates)
• Talent Management, Development, & Succession Plan • Talent Mobility & Talent Marketplace (based on
• Individual Performance Management & Productivity Directorates)
Management c. Human Capital Business Partner 2 Group
• Reward Policy • Strategic Business Partner
• HC Technology • Career & Succession Implementation (based on
Directorates)
• HC Advisory, Solutions, Alignment, & Integration
(based on Directorates)
• Talent Mobility & Talent Marketplace (based on
Directorates)
• Industrial Relation
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d. Human Capital Service Group e. Corporate University Group
• Massive Recruitment & Employer Branding • Learning & Development
• Executive Hiring & Onboarding • Lembaga Sertifikasi Profesi
• HC Operation f. Culture Transformation Group
• Partnership Management • Culture Transformation Strategy & Policy
• HC Communication & Employee Experience
• Culture Activation & Implementation
Human Capital Work Plan 2026
To strengthen human capital capabilities and culture aligned 4. Performance Management & Rewards: a comprehensive,
with BRI’s medium-term strategy and long-term aspirations, objective, and impact-oriented performance
BRI’s human capital team has prepared various programs management system enhancement to promote a high-
that are holistically measured against the human capital performance culture, supported by a redesign of the
management cycle, from human resource planning to reward system to create value and foster collaboration.
termination of employment. The focus of the programs in 5. Productivity Transformation: Alignment of performance
2026 includes the following: metrics, implementation of Strategic Workforce Planning
1. Data & Systems Excellence: Refinement of data (SWP) to address the impacts of digitalization and AI, as
governance and data integration to ensure information well as an efficient, adaptive, data-driven HC operating
accuracy, supported by advanced Employee Self Service model to support the People Productivity Transformation
(ESS), strategic data analytics capabilities, and a long- aspirations.
term commitment to a single HC Platform (HCM Suite) 6. Culture Transformation: Strengthening Brilian Way as a
across the entire HC lifecycle. behavioral guideline, expanding the implementation of
2. Talent Management Transformation: End-to-end Brilian Lighthouse to subsidiaries, and integrating it into
talent management revitalization in accordance with the entire HC lifecycle to reinforce a productive, adaptive,
business strategy, including skill-based recruitment to and impact-oriented work culture.
support BRI’s new core strategy, onboarding to enhance 7. HC Partner Strengthening: Strengthening the role of
new talent productivity, and structured career path HC BRI as a strategic advisory to improve productivity,
development. efficiency, and measurable organizational transformation
3. Future Leadership Development: Identification of the Top through the evaluation of the HC operating model at the
Talents based on performance, capacity, and potential Head Office and Regional Office.
as part of succession planning. This initiative is also 8. Strategic Employee Well-being Implementation:
strengthened by the Executive Development Program Implementation of long-term employee well-being
(EDP) in collaboration with an international business strategies to continuously improve employee experience
school, as well as the development of leadership typology and engagement.
for role modeling leadership as a people manager.
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Information
Technology
DIGITAL AND INFORMATION TECHNOLOGY SUMMARY
As a tangible manifestation of BRI’s commitment, of 67%. Meanwhile, the percentage of customers
the Information Technology (IT) strategy focused on acquired using BRIBRAIN (BRI’s Artificial Intelligence
strengthening Reliability, Availability, Scalability, and platform) for the micro, small, and consumer segments
Security (RASS) across its systems. This focus was pipeline reached 32.78%.
implemented through three core pillars of technology
transformation aligned with the Company’s corporate- From an infrastructure perspective, through a hybrid
strengthening and acceleration agenda: Run the Bank, multi-cloud approach, BRI further strengthened
Change the Bank, and Transform the Bank. the capacity of its existing Data Centers, which are
designed in accordance with the Tier III Uptime
Throughout 2025, Information Technology recorded Institute standards, while progressively leveraging
significant growth in digital transactions, with 98.22% cloud infrastructure to support critical services through
of BRI’s total transactions conducted through digital an active-active strategy. This approach enhances
channels, while 1.78% were conducted through downtime risk mitigation and ensures greater service
operational units. During the same period, BRI also stability and resilience.
achieved notable milestones across its flagship
applications, infrastructure development, and AI In IT governance, BRI recorded a maturity score of 4.67
adoption initiatives. out of 5.00 based on COBIT 2019
by the guidelines of the Ministry
BRImo recorded total transaction growth of 29%, with of SOEs. In addition, BRI’s digital
transaction volume increasing by 26% and new user capabilities also recorded Level
growth of 18.94%. This performance was supported 2 maturity based
by system availability maintained at 99.99% and a on SE OJK No. 24/
transaction success rate of 99.99%, underscoring BRI’s SEOJK.03/2023
continued commitment to delivering reliable digital concerning
corporate banking services. Assessment of the
Digital Maturity Level of
Similarly, Qlola demonstrated strong performance, Commercial Banks.
with total transactions growing by 38% and transaction
volume increasing by 61%, alongside 36% growth in new In the aspect of
users. System availability was maintained at 99.93%, cybersecurity, BRI adopts
with a transaction success rate of 92.98%. Zero-Trust Architecture
and Enterprise Security
BRIAPI, as BRI’s Open API portal, has been utilized across Architecture based on the
more than 139 digital ecosystem types, supported by NIST 2.0 Cyber Security
over 1,400 partners. Framework. Since 2018,
the information security
In leveraging artificial intelligence (AI) to enhance unit under the Digital &
business process productivity, Sabrina, BRI’s virtual IT Directorate has been
assistant, handled 61 million incoming messages led by an internationally
to the BRI Contact Center and managed 9.1 million certified CISO to ensure
interactions during 2025, with a customer satisfaction system security proactively
rate of 87%. The Working Instruction Search Engine and continuously. BRI also
(WISE) has been utilized by 58,715 operational recorded a Cybersecurity
employees, resulting in an efficiency improvement Maturity score of 3.60 in 2025.
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Information Technology Strategy Information Technology Innovation
In navigating increasingly intense industry competition As part of its continuous improvement efforts to consistently
and evolving customer preferences, delivering excellent deliver reliable services to customers, BRI implemented
and sustainable services remains key to maintaining several key initiatives throughout the year, including:
competitiveness and meeting rising customer expectations. 1. Engage Customer Experience through BRIMO Channel
A fundamental requirement for ensuring service sustainability for Buying Gold
is the fulfillment of the IT Hygiene Factors, encompassing This initiative aims to elevate the Customer Experience
Reliability, Availability, Scalability, and Security (RASS). (CX) in gold investment transactions through the BRImo
Critical aspects such as 24/7 service availability, system application, making the process more seamless, secure,
reliability, robust security, and seamless system integration and efficient, and better aligned with customers’ evolving
are prioritized to support BRI’s strategic objectives. digital preferences.
2. Adoption of OpenShift Container Platform (OCP)
BRI continuously undertakes enhancements and innovations, Baremetal Technology
including adopting emerging technologies, to strengthen This initiative is intended to provide high-performance,
competitiveness, elevate service quality, enhance the efficient, and flexible computing infrastructure with more
customer experience, and ensure its digital services remain optimized cost management.
relevant to customers’ evolving needs. 3. Leveraging Cloud Infrastructure
This use of cloud infrastructure is designed to enhance
In supporting the Company’s optimistic business growth the reliability of BRI’s application systems, ensuring they
aspirations through the BRIvolution corporate strategy, the can support exponential business growth.
Information Technology Directorate is committed to ensuring 4. Implementation of Multiple Know Your Customer (KYC)
the reliability and readiness of the technology infrastructure Methods
by consistently fulfilling the IT Hygiene Factor. In line with This initiative aims to enhance the accuracy of customer
this commitment, BRI’s Information Technology function identity verification, strengthen regulatory compliance,
focuses on ensuring that the technology systems deployed and optimize the security and user experience of digital
are not only secure but also future-proof, fit-for-purpose, services by leveraging multiple identity verification
and scalable, thereby safeguarding long-term operational methods and authorities
resilience and sustainability.
Conversational Banking
This strategy is further supported by the adoption of To improve service, BRI developed Sabrina as a virtual
composable capabilities in delivering digital solutions, assistant solution powered by Artificial Intelligence (AI).
enabling BRI to innovate more rapidly and introduce products Sabrina is an innovative solution for text and voice-based
with greater efficiency. BRI also places strong emphasis on interaction. Sabrina is designed to meet the needs of
fostering an innovation-driven environment that develops customers, especially in the micro and ultra-micro segments,
digital talent capable of addressing future challenges, who are still largely dependent on cash transactions, have
thereby facilitating the creation of more advanced, customer- limited knowledge of financial products, and need trusted,
relevant digital solutions. locally relevant financial institutions.
This focus is implemented through three pillars of technology Sabrina has been integrated with BRImo so customers can
transformation, aligned with the Company’s broader find account balance and mutation information through
corporate-strengthening and acceleration agenda: Run the Sabrina. Sabrina is also one of the frontliners in facilitating
Bank, Change the Bank, and Transform the Bank. customer questions and complaints regarding banking
• Run the bank, which focuses on modernizing and services provided by BRI.
enhancing infrastructure reliability to ensure stable,
secure, and efficient digital services. A total of 61 million messages entering the BRI Contact
• Change the bank, which emphasizes application Center were successfully handled by Sabrina. Every
modernization and the adoption of emerging technologies month, approximately 800,000 interactions are conducted
to enhance customer experience. by Sabrina to help customers. This good performance is
• Transform the bank, which centers on strengthening supported by a satisfaction survey, in which 87% of users
the Information Technology Strategic Plan (RSTI), expressed satisfaction with the services provided. This
supported by the development of a resilient, adaptive, figure increased by 6% from the 2025 milestone.
and competitive IT organization.
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In addition to implementing AI for customer-facing services technology adoption to further strengthen overall system
such as Sabrina, AI is also used through the Work Instruction reliability and resilience. BRI has successfully implemented
Search Engine (WISE), a work guide search tool that makes an Active-Active Data Center on the Cloud for its two flagship
it easier for front-line workers to access information and applications, BRImo & QLola.
service solutions quickly and accurately. WISE has been
accessed by more than 58,715 frontliners per day for search Through this comprehensive transformation journey, BRI
activities. Moreover, WISE also helps reduce the solution continues to reinforce its position as a banking institution with
search time from an average of 15 minutes to less than 5 one of the most advanced IT infrastructures in Indonesia.
minutes, increasing time efficiency by 300%. This project not only supports sustainable business growth
but also ensures reliable, competitive services that meet
A total of 61 million incoming messages to the BRI Contact customer needs in the digital era.
Center and 9.1 million interactions were successfully handled
by Sabrina. This strong performance was supported by
a customer satisfaction survey, in which 87% of users Information Technology Governance
expressed satisfaction with the services provided. This
figure represents an increase from the previous level of 81% In accordance with the Financial Services Authority (OJK)
recorded in 2025. regulations on the Implementation of Information Technology
and to strengthen the Board of Directors’ oversight of IT
In addition to implementing AI for customer-facing services implementation, BRI has established a dedicated committee
such as Sabrina, AI has also been used through the Working as a governance forum to oversee IT execution within
Instruction Search Engine (WISE), a work guidance search the Information Technology Directorate. The IT Steering
tool that enables frontliners to access service information Committee serves as a strategic governance mechanism to
and solutions more quickly and accurately. WISE has been ensure that the management and utilization of Information
utilized by 58,715 operational employees, resulting in a Technology are aligned with the Bank’s policies and business
threefold increase in productivity, with task completion time strategies; managed effectively, efficiently, and sustainably;
improving from 5 minutes to 15 minutes and an effectiveness supportive of operational, managerial, and decision-
rate of 67% following its implementation. making needs of the Board of Directors; and compliant
with prudential principles, regulatory requirements, and the
Bank’s risk management framework.
Information Technology Infrastructure
The establishment of the Committee also provides the
BRI has demonstrated a strong commitment to strengthening Board of Directors with adequate visibility into the condition,
its technology infrastructure by increasing the capacity of performance, and future direction of Information Technology
all major data centers. This initiative aims to support the development, thereby enabling coordinated, well-informed
growing needs of business expansion while ensuring the strategic decision-making related to IT.
sustainability of technology-based operations.
Following several adjustments to its membership in line
Along with the increasing IT workload requirements and with changes to the Company’s organizational structure
the strategic role of BRI’s Data Center (DC) in supporting and management composition, the latest composition of
the Company’s critical operations, as well as the increasing the IT Steering Committee was formalized through Board of
IT workload requirements and design capacity that has Directors Decree No. 5896‑DIR/PPM/11/2025 concerning the
approached its optimal limit. The project included the Information Technology Steering Committee, effective as of
addition of new mechanical and electrical equipment and November 25, 2025.
the implementation of a clean agent-based fire protection
system that complies with international Tier-III standards. In carrying out its duties and authorities, one of the key
With this new infrastructure, BRI’s DCs are designed to strategic agendas deliberated and approved by the
ensure the availability of operational services in accordance Committee during the year was the establishment of BRI’s
with Uptime Institute’s standards. IT Strategic Plan for the 2026-2030 period. In line with
this decision, the progress and achievements of the IT
Furthermore, the capacity increase is also carried Strategic Plan implementation will be reported and reviewed
out to support the active-active data center strategy. periodically within the IT Steering Committee forum, as part
This architecture enables all data centers to operate of the Board of Directors’ oversight and control function over
simultaneously while providing real-time mutual backup IT implementation.
and risk mitigation. In parallel, BRI has accelerated cloud
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Digital risk management reporting is conducted through PCI DSS. As part of its strategic security framework, BRI
the Digital Risk Oversight Forum (DROF), which is attended continuously develops and enhances its Enterprise Security
by two members of the Board of Directors and the relevant Architecture, encompassing risk management, third-
Group Heads. The forum discusses updates, insights, party security governance, data protection and privacy,
and key issues related to the implementation of digital infrastructure and application security, as well as cyber
risk management, including application risk ratings, with resilience and business continuity. The Company is further
particular attention to disaster recovery and Cyber Risk. supported by comprehensive internal policies, including
structured cyber incident management procedures and
Cybersecurity and Disruption a dedicated Security Incident Response Team, as well as
As digital transformation accelerates, BRI prioritizes regular incident simulation exercises to ensure preparedness
cybersecurity as a fundamental pillar to safeguard customer to address potential disruptions. Through the implementation
trust and ensure sustainable business performance. The of integrated security solutions across the full lifecycle of
Company is committed to protecting the confidentiality, identification, protection, detection, response, and recovery.
integrity, and availability of information through the BRI strives to minimize operational and reputational risks,
implementation of robust information security governance maintain service stability, and create sustainable long-term
aligned with national regulations, including OJK regulations value for shareholders and all stakeholders.
and the Personal Data Protection Law, as well as
internationally recognized best practices such as NIST
Cybersecurity Framework, ISO/IEC 27001, OWASP, and
Service Continuity and IT Recovery Test (Disaster Recovery)
DISASTER
RECOVERY
PLAN
There is potential for damage, disruption, or malfunction factor. The recovery plan is well-crafted and supported by a
of information technology infrastructure due to events that document that describes the mapping between the current
cannot be avoided or predicted, such as natural disasters, state of the application and the infrastructure required to
man-made disasters, and system failures. BRI’s current fulfill the planned architecture, as well as a test execution
strategy to improve the resilience of IT systems against plan carried out consistently.
disasters is through data centers that are actively configured
to maintain availability during disasters and through testing Each application uses a DRP strategy based on the
of the Disaster Recovery Plan (DRP). application’s criticality and technological capabilities. DRP
planning is reviewed annually to ensure that the strategy
The configuration undertaken during the execution of and gap identification remain aligned with the IT roadmap.
the DRP requires an integrated architecture comprising Filling the capability gap ensures that the active-active
network, storage, computing, virtualization, and application configuration process runs smoothly. In 2025, IT recovery
components that operate in a coordinated manner. testing was conducted on 15+ applications across all BRI
The availability and operability of applications during Data Centers.
infrastructure failure in one of the data centers is a major
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Follow-up on Audit Results and/or capability, optimizing data management and AI, expanding
Assessment of IT Implementation digital services, and strengthening cybersecurity. Overall,
Throughout 2025, BRI continued to accelerate its global- the Strategic Initiatives have run well according to the target
standard information technology transformation. Based milestones set with 7 (seven) initiatives will continue as
on the COBIT 2019 framework assessment, in line with Business As Usual (BAU). On the other hand, 5 (five) long-
the Ministry of State-Owned Enterprises regulations, BRI term initiatives will be completed by 2025 with 2 (two) other
achieved a maturity score of 4.67, reflecting positive growth initiatives entering the advanced development phase.
compared to the previous year. This achievement represents
the tangible outcome of the Bank’s proactive measures, as Evaluation Results on the Effectiveness
it has completed 100% of the improvement action plans of IT Implementation
related to IT governance and operational aspects. Through the Information Technology Directorate, BRI remains
committed to ensuring that every technology initiative not
This transformation has also been validated through a only operates optimally but also serves as an accelerator
digital maturity assessment conducted in accordance of overall corporate performance. The development of IT
with OJK standards. BRI successfully maintained Level 2 capabilities is focused on key priorities: expanding business
with a “Satisfactory” rating across eight key domains. This value, simplifying internal processes, strengthening
accomplishment demonstrates that BRI’s digital investments system capacity, and ensuring strict compliance with
are not only strategically aligned but also managed under prevailing regulations. In alignment with this commitment,
sound, sustainable governance principles. BRI implements comprehensive IT risk management
practices to mitigate potential disruptions, cybersecurity
Evaluation Results of IT Strategic Plan Implementation threats, and disaster recovery readiness. These measures
The IT Strategic Plan 2024 consists of Strategic Initiatives are fully integrated within the Bank’s enterprise-wide risk
to improve capabilities to support business acceleration and management framework.
reliability. These initiatives include increasing capacity and
Information Technology Management Structure
In delivering best-in-class Information Technology services that support digital transformation and operational excellence,
the Information Technology Directorate is organized under the following structure:
Information
Technology
Directorate
SEVP
Digital Banking
Digital
IT Strategy IT DC IT Endpoint SORH Wholesale Enterprise
IT Application IT Application Digital Retail Data
& Enterprise Development Support Infrastructure CISO Office Services & Information Banking &
Banking Innovation Management
Architecture & Operations Operations Technology
Management & Analitycs
The following outlines the roles and responsibilities of each Group under the Information and Technology Directorate:
IT Strategy & Enterprise Architecture
This group is fully responsible for IT strategic planning, (ITSM) using a Continual Service Improvement approach,
including the development of the IT Strategic Plan, addressing and resolving system disruptions. The Group also
transformation initiatives, capacity planning strategies, conducts business needs analysis, manages stakeholder
Enterprise Architecture, and Disaster Recovery Plan. relationships, supervises project management and IT budget
Additionally, oversees the development of IT governance execution, and ensures the synergy of financial conglomerate
through policies, procedures, frameworks, and including operations, risk management, and IT Workforce Management
Data and AI management. Operationally, IT Strategy & to guarantee IT’s effective contribution to achieving business
Enterprise Architecture manages IT Service Management objectives.
PT Bank Rakyat Indonesia (Persero) Tbk. 535
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Business Support
Functions Overview
IT Application Development IT Endpoint Services & Operations
This group is responsible for managing the end-to-end This group is responsible for managing IT infrastructure
lifecycle of digital application development, commencing and endpoints across all business units, encompassing
with technical requirements analysis covering applications, strategic planning through the formulation and enhancement
supporting infrastructure, and communication networks; of infrastructure policies, procedures, and budgeting. At the
followed by solution design, development, and continuous operational level, responsibilities include implementing and
application enhancement. The Group also manages code supporting IT infrastructure, endpoint security, preventive
repositories across all platforms and conducts ongoing and corrective maintenance, and problem resolution. In
analysis and evaluation to improve application performance, addition, this function conducts continuous monitoring
scalability, and overall capability. and evaluation through an early warning system, business
process reengineering related to IT endpoint infrastructure
IT Application Support management, management of supporting tools, vendor
This group conducts quality assurance in the development management, and endpoint performance management.
of digital platforms, including test planning, documentation, It also provides comprehensive reporting to internal
and platform monitoring. Operationally, the Group manages stakeholders, external parties, and regulators.
IT services encompassing event management, knowledge
management, change management, as well as platform SORH Information Technology
optimization and issue resolution to ensure stable and This group manages Information Technology by developing
reliable service delivery. and implementing IT risk governance strategies, including
identifying and assessing key risks, overseeing mitigation
IT DC Infrastructure & Operations activities, and providing advisory support for product
This group manages all aspects of IT infrastructure, from development and business process enhancement to
strategic planning to the formulation and enhancement of ensure robust risk control integration. Operationally, this
operational procedures for computing, network, and data function conducts Risk and Control Self-Assessment
center facilities, including capacity management. At the (RSCA), monitors Key Risk Indicators (KRIs), implements
implementation level, responsibilities include developing fraud-detection systems and early-warning mechanisms,
new technologies, designing and configuring infrastructure, and manages IT incidents through root-cause investigation
conducting quality assurance, and executing operational and comprehensive remediation plans. Furthermore,
maintenance, optimization, and problem resolution across this function is responsible for reporting to internal and
all Data Centers and Disaster Recovery Centers. Specifically, external stakeholders and for monitoring the achievement of
the Group oversees core network management, satellite business and budget targets, ensuring alignment between
technology operations, and coordinated infrastructure risk management practices and organizational objectives.
assets and vendor management to ensure the reliability and The structure under the SEVP Digital Banking is established
optimal performance of IT infrastructure. to accelerate digital transformation in digital product delivery
and to optimize the utilization of data as a strategic asset.
CISO Office
This group manages all aspects of BRI’s information security, Digital Retail Banking
starting from strategic planning through the development This group is responsible for managing the retail transaction
and refinement of security strategy and architecture, as business through the preparation of business studies and
well as information security governance policies, standards, market research, as well as the development and innovation
and procedures. At the operational level, responsibilities of products and services, including BRIZZI, QRIS, BRImo,
include implementing security awareness programs, and BRIMerchant. This function also formulates relevant
monitoring cyber threats, handling incidents, and operating policies and manages regulatory licensing requirements.
and maintaining information security devices. Technically, Operationally, responsibilities include partnership
the Office develops and optimizes security solutions such management for service development, digital campaign and
as secure branch, endpoint security, network security, branding strategies, and the establishment of product design
cloud security, and identity and access management. It and UI/UX standards across all digital platforms, supported
also ensures coordinated synergy across the Financial by continuous evaluation of the customer journey. This
Conglomeration to provide comprehensive protection of function also ensures synergistic support in the development
information assets in accordance with industry standards. of digital retail initiatives across Subsidiaries.
536 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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Digital Wholesale Banking & Innovation Management Enterprise Data Management & Analytics
This group is responsible for developing digital wholesale This group manages enterprise-wide data governance
banking through business studies and market research, and analytics by formulating enterprise data management
product and service innovation, and the formulation and analytics strategies, implementing data governance
of policies and innovation management frameworks. procedures, including AI/ML governance, and developing
Operational responsibilities include partnership data models, data lineage, and metadata management
management, API integration with customers and partners, frameworks. From a technical perspective, responsibilities
campaign and branding initiatives, and regulatory licensing include monitoring and improving data quality; designing
management. From an innovation management perspective, and developing integrated data platforms such as master
this function oversees the end-to-end innovation process, data management, data hubs, and data lakes; delivering
covering research, ideation, discovery, prototype design, data products through data services; and developing
business simulation, piloting, and value tracking of incubated golden records. In the area of AI/ML, this function covers
business initiatives. These activities are supported by best-practice assessment, model design and development,
the development of innovation management tools and an quality assurance, deployment, and ongoing maintenance of
enabling environment aligned with the IT architecture, as well machine learning models and advanced analytics.
as synergistic management of digital wholesale banking and
innovation initiatives across the Financial Conglomeration.
Information Technology
Work Plan 2026
The Digital & IT Directorate has a significant role, not only Through the IT Strategic Plan (ITSP), the Information
as a supporter of smooth business operations but also as a Technology Directorate has established five (5) strategic
driver of business progress through improving Information domains as key priorities for enhancement and development,
Technology (IT) capabilities. In the era of fierce competition, namely:
this role is key to the success of digital transformation across - Biz-Tech Value Creation & Delivery: Clear and responsible
BRI’s business lines. demand management followed by high-quality & efficient
delivery in a balanced business-IT lens
Through BRIvolution Reignite, BRI has established a clear - Talent & Organization: Comprehensive organization
acceleration pathway for future growth, centered on setup, enabled with sustained technical leadership and
“Transform the Funding Franchise” and “Revamp existing future ready digital talent
Core, Build New Core”. In this context, the Information - Applications & Integration: Agile, unified and flexible
Technology Directorate plays a pivotal role in building a world- IT systems that deliver seamless experience and
class foundation by strengthening digital infrastructure, personalized services through modular, reusable and
delivering personalized solutions, and leveraging data and scalable capabilities.
AI to enhance the accuracy and speed of decision-making. - Data & Analytics (include AI): Streamlined, governed and
scalable data foundation that accelerates Data Analytics
The Information Technology Directorate holds a strategic & AI use-case delivery
role in achieving the Corporate Ambition 2026-2030, - Infra, Ops & Security: Reliable, scalable and secure IT
namely “Deliver Sustainable Values and Integrated foundation with automation, observability and embedded
Solutions to Achieve Indonesia’s Aspiration”, by acting as a protection across end-to-end tech stack.
strategic partner to both business units and enablers. This
commitment is embodied in the Directorate’s aspiration, As an enabler of business growth, the Information Technology
“Enabling sustainable business growth through trusted, Directorate recognizes that maintaining both quality and
secure & personalized Digital Solution”. speed across all IT aspects is critical. Achieving the right
balance requires disciplined execution supported by agile
development practices, automated testing, clear standards,
reusable components, and a strong delivery governance
framework.
PT Bank Rakyat Indonesia (Persero) Tbk. 537
Page 538
538 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Corporate
Governance
“Through comprehensive capability
strengthening aligned with best-in-class
standards, BRI has successfully elevated its
corporate governance practices to a higher
level that is adaptive to future challenges.
This achievement serves as a key pillar in
maintaining the implementation of corporate
governance while ensuring BRI’s sustainability
as a reliable financial institution that
consistently earns public trust”
PT Bank Rakyat Indonesia (Persero) Tbk. 539
Page 540
Corporate
Governance
The implementation of governance is a fundamental pillar of transparency, the implementation of check and balance
sustainable business performance, particularly in addressing functions, and the effectiveness of corporate strategy.
the dynamics of the financial services industry. The These measures are undertaken to support the sustainability
commitment to continuously improving governance quality of the Company’s contributions to all stakeholders, including
enables the Company to ensure alignment between business the national economy. In 2025, BRI refined its corporate
strategy, risk control, and compliance with prevailing governance policies, promoted the implementation of anti-
regulations. Good corporate governance is achieved corruption and anti-bribery practices across internal and
through a clear supervisory structure, effective coordination external environments, adopted disclosures aligned with
mechanisms with members of the Financial Conglomeration, the ASEAN Corporate Governance Scorecard standard,
and policy alignment across risk management, compliance, and enhanced the management mechanism for the
internal audit, and governance. Whistleblowing System by a trusted independent party.
Governance strengthening is positioned not merely as a The quality of governance implementation is measured by
compliance-driven obligation, but as a strategic enabler the company’s achievements, as reflected in assessments
that supports prudent, accountable, and long-term-oriented by independent parties. Standardization and assessment
business decision-making. The Company’s integrated methods are priorities for measuring the quality of governance
capabilities are developed through enhancements in implementation. In 2025, BRI could achieve a mature, high-
governance structure and processes, taking into account quality implementation of industrial governance.
industry best practices that emphasize corporate
Implementation of Corporate
Governance with Company Performance
P R O U D LY P R E S E N T E D T O :
PT BANK RAKYAT INDONESIA (PERSERO) TBK
TOP 50
BIG CAPITALIZATION
PUBLIC LISTED COMPANY
Jakarta, 15 September 2025
RUDIANTARA
CHAIRMAN OF IICD
ACGS CGPI IICD Corporate Governance
Conference and Awards
Top 5 PLC Indonesia and The Most Trusted Company”
ASEAN Asset Class predicate with a score of 95.38 Top 50 Emiten BigCap PLCs
540 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Objectives of
Implementing GCG
The company realizes that business sustainability and success are not only measured by achieving financial performance
and increasing profits but also through the implementing results of good governance principles. BRI implements corporate
governance in accordance with prevailing regulations and industry best practices. The reliability of this system is validated
through periodic assessments conducted by independent external parties to ensure objectivity and transparency, and aims to:
1. Help the Company achieve its vision and mission.
2. Provide guidelines to all employees on carrying out duties and responsibilities following their job description.
3. Enhance the shareholders’ and stakeholders’ confidence that the Bank management and oversight are professionally
implemented.
4. Support the establishment of policies and decisions made by management based on the principles of good corporate
governance.
Corporate Governance
Implementation in 2025
In 2025, the company’s commitment to produce the implementation of Sustainable Governance prioritized on improving the
quality of the implementation of Governance, including as follows:
1. Transparency of the company’s condition in terms of both financial performance, independence of the Board of Directors
and Board of Commissioners, and updated information regarding company actions that can be easily accessed through the
company’s website.
2. Maturity measurement in the implementation of governance was reflected through recognition from external parties,
including:
a. Improvement in maturity scores covering governance and compliance aspects.
b. The predicate “Most Trusted Companies” in the Corporate Governance Perception Index assessment.
c. Top 5 PLC In Indonesia award in the ASEAN Corporate Governance Scorecard, and other awards.
3. Enhancement of the Anti-Bribery and Corruption program implementation, emphasizing industry best practices through the
following initiatives:
a. Transformation of Whistleblowing System management.
b. Participation in the Integrity Assessment Survey (SPI) organized by the Corruption Eradication Commission of the
Republic of Indonesia (KPK-RI).
c. Alignment of ISO-based processes, including ISO 37001:2016 Anti-Bribery Management System certification in
procurement of goods and services, ISO 37301:2021 Compliance Management System certification, and ISO 9001:2015
Quality Management certification.
d. Certification of BRI employees as Anti-Corruption Counselors (PAKSI).
4. Providing guidelines for employees on the implementation of governance in the Business Unit through the improvement of
the governance structure. It consisted of revisions to governance policies in accordance with current provisions.
PT Bank Rakyat Indonesia (Persero) Tbk. 541
Page 542
Corporate
Governance
Quality Improvement Plan of
Corporate Governance Implementation in 2026
In 2026, to improve the quality of Governance implementation, BRI has prepared the following plans:
1. Strengthening the Integrated Corporate Governance framework as the foundation for sustainable management of BRI and
the Financial Conglomeration.
2. Promoting the implementation of high governance and compliance standards through independent and standardized
evaluation mechanisms.
3. Ensuring transparency, accountability, and integrity through strengthening credible disclosure and reporting systems.
4. Reinforcing fraud, corruption, and bribery prevention systems as part of the Company’s compliance culture.
5. Ensuring the effectiveness of internal controls and supervisory follow-ups as part of strengthening sustainable governance.
Basic Implementation of
Corporate Governance
BRI’s governance is based on compliance with applicable 8. OJK Regulation No. 18 of 2014 concerning
regulations, stakeholder aspirations, and the Company’s Integrated Governance Implementation for Financial
needs. Apart from that, BRI also implements corporate Conglomerations.
governance practices, drawing on best practices applicable 9. OJK Regulation No. 30 of 2024 concerning Financial
to the financial industry. Several regulations that form Conglomerations and Financial Conglomeration Holding
the basis of guidelines for implementing good corporate Companies.
governance at BRI include: 10. Financial Services Authority (OJK) Circular Letter No.
1. Law of the Republic of Indonesia No. 8 of 1995 concerning 14 of 2025 concerning Governance Implementation for
Capital Markets, as amended by Law of the Republic of Commercial Banks.
Indonesia No. 4 of 2023. 11. Regulation of the Minister of State-Owned Enterprises
2. Law of the Republic of Indonesia No. 40 of 2007 No. PER-2/MBU/03/2023 concerning Guidelines for
concerning Limited Liability Companies, as amended Governance and Significant Corporate Activities of
by Government Regulation in Lieu of Law No. 2 of 2022 State-Owned Enterprises.
concerning Job Creation, which has been enacted into 12. Regulation of the Minister of State-Owned Enterprises
law pursuant to Law No. 6 of 2023 concerning the No. PER-3/MBU/03/2023 concerning the Organs and
Stipulation of Government Regulation in Lieu of Law No. Human Resources of State-Owned Enterprises.
2 of 2022 concerning Job Creation into Law. 13. Corporate Governance Principles developed by
3. Law of the Republic of Indonesia No. 10 of 1998 concerning Organization for Economic Cooperation and Development
Amendments to Law No. 7 of 1992 concerning Banking, (OECD).
as amended by Law No. 4 of 2023 concerning Financial 14. ASEAN Corporate Governance Scorecard (ACGS)
Sector Development and Strengthening (“P2SK Law”). version 2024, issued by ASEAN Capital Markets Forum
4. Law of the Republic of Indonesia No. 16 of 2025 (ACMF).
concerning the Fourth Amendment to Law No. 19 of 15. General Guidelines for Indonesian Corporate Governance
2003 concerning State-Owned Enterprises. (PUGKI), developed by the Governance Policy National
5. Financial Services Authority (OJK) Regulation No. 17 Committee (KNKG).
of 2023 concerning Governance Implementation for 16. GCG Guidelines for Indonesian Banking, developed by
Commercial Banks (“POJK Governance”). the Governance Policy National Committee (KNKG).
6. OJK Regulation No. 46 of 2017 concerning Compliance 17. Principles for Enhancing Corporate Governance, issued
Function for Commercial Banks. by Basel Committee on Banking Supervision.
7. OJK Regulation No. 17 of 2014 concerning Integrated
Risk Management Implementation for Financial
Conglomerations.
542 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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Sustainably
Good Corporate Governance Implementation
Implementation of good corporate governance is carried out of duties and responsibilities of the Bank’s Governance Organs,
consisting of the General Meeting of Shareholders (GMS), the Board of Commissioners, the Board of Directors, and other
supporting organs. Each organ played an important role in ensuring and striving for the effective implementation of Good
Governance, BRI has established a Good Corporate Governance Policy (GCG Policy/Charter), namely the General Corporate
Governance Policy of PT Bank Rakyat Indonesia (Persero) Tbk No. KU.02-DIR/KEP/10/2023 dated October 10, 2023, Book 1
concerning Governance and Compliance of PT Bank Rakyat Indonesia (Persero) Tbk. The GCG Policy/Charter was formulated
based on the development of BRI’s business, evaluation of previous guidelines, and GCG best practices in the industry.
Framework of BRI Corporate Governance
Organization to Support GCG
Governance Outcome
Standardized and quantitatively measurable results
Independent Function
Risk Management, Internal
Control, Compliance Director,
Independent Commissioner
Sustainable Governance
Governance Structure Governance Process
1st Line
General Meeting of Shareholders Business Process Activities
Checks and
Balances Function Board of Commissioners and Committees Compliance Management System
2nd Line
Functions of the Board of Three Lines Model
Commissioners Committee: The separator
Nomination & Remuneration, Board of Directors and Committees Risk Management & Internal Control between the first,
Integrated, Human second, and third
Resources, Risk & Audit line functions
3rd Line
Internal Audit
Functions of the Board of
Directors Committee: Company Internal Policy
ALCO, Credit Policy, ESG,
HC, IT, procurement,
Product, Risk Management, Strategic Planning and Performance
Information Technology
Transformation & Integrated Management
Governance Commitment
The company’s
Support System commitment to
Always updated policies and Culture Corporate Culture Risk Culture Compliance Culture upholding the
reliable systems implementation of
Commitment Articles of Association Vision and mission Code of Ethics Shareholder Expectation governance
Governance Principles External Provisions: Law, POJK, BUMN Ministerial Regulation, etc. Best Practice : ACGS, CGPI, PUGKI, OCEG, ICOFR, etc
PT Bank Rakyat Indonesia (Persero) Tbk. 543
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Corporate
Governance
GCG Principles and Implementation Formulation
BRI positioned the implementation of Good Corporate mechanism referring to standardized indicators and involving
Governance (GCG) as the primary foundation in managing independent and reputable assessment institutions to ensure
its business activities and operations, by upholding the objectivity and continuous enhancement of governance
principles of independence, accountability, and integrity quality.
in every decision-making process. This commitment
was implemented consistently and comprehensively As a form of accountability and transparency, all processes,
at all organizational levels ranging from the Board of implementation, and achievements related to GCG were
Commissioners and the Board of Directors to all BRI disclosed openly through the Company’s publications,
Employees and was internalized into the Company’s vision, including the Annual Report and official corporate media. This
mission, and corporate values, supported by a code of disclosure aimed to provide a comprehensive understanding
ethics and a work culture oriented toward compliance and to all stakeholders of the structure, processes, and outcomes
professionalism. of corporate governance, while strengthening public trust in
the implementation of firm- and independent-governance
The implementation of GCG was carried out through standards at BRI.
internal policies and guidelines prepared independently and
objectively, based on prevailing sectoral laws and regulations, In line with this commitment, the GCG principles that support
while taking into account shareholders’ aspirations BRI’s sustainable performance were formulated based on the
without disregarding the interests of other stakeholders. Indonesian Corporate Governance Guidelines (PUG-KI) 2021
To ensure consistency and effectiveness in governance as follows:
implementation, the Company established a GCG evaluation
BRI GCG Implementation Guidelines
BRI guarantees fair and
Ethical equal treatment for
Behavior shareholders and all
BRI realizes accountability stakeholders.
through transparent,
measurable and
responsible performance
management.
Good
Accountability Corporate Transparency
Governance
BRI ensures the disclosure
of relevant, transparent,
easily accessible material
BRI is committed to regulatory information and exceeds
compliance and social and regulatory requirements.
environmental responsibility through
stakeholder collaboration to support Sustainability
sustainable development and
performance.
544 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Implementation of Good Corporate Governance Based on Indonesian Corporate
Governance
As a manifestation of the Board of Directors’ and the Board of Commissioners’ commitment to strengthening the quality of
Good Corporate Governance implementation, BRI adopted the Indonesian Corporate Governance Guidelines (PUG-KI) issued
by the National Committee on Governance Policy (KNKG). The implementation of these guidelines supported BRI’s ability to
continuously adapt to developments in governance practices, including strengthening social and environmental responsibilities
based on sustainable development, enhancing transparency and accountability in the execution of duties by the Board of
Directors and the Board of Commissioners, improving the effectiveness of anti-fraud strategies, as well as enforcing the code
of ethics and managing conflicts of interest.
Furthermore, BRI reinforced the implementation of Good Corporate Governance by adopting the four pillars of Corporate
Governance Principles as stipulated in the 2021 PUG-KI, as updated by KNKG.
Implementation of Good Corporate Governance Principles
Pillar Explanation Implementation at BRI
Ethical Behavior In performing its activities, the corporation 1. BRI, in conducting company activities, always upholds Ethical
always prioritizes honesty, treats all parties Behavior, as evidenced by policies that govern the Bank Code of
respectfully, fulfills its commitments, and Ethics and the Employee Code of Ethics, and guidelines on culture
consistently builds and maintains moral that regulate risk culture, compliance, and corporate culture. In
values and trust. The corporation pays addition, to maintain employee morale and stakeholders’ trust, BRI
attention to the interests of shareholders and implements prevention through the following measures:
other stakeholders based on the principles a. Effectiveness of Anti-Fraud Strategy.
of fairness and equality, and is managed b. Gratification Control Program.
independently. Hence, each company’s organ c. Anti-Money Laundering Program, Prevention of Terrorism
does not dominate the others and cannot be Funding and the Proliferation of Weapons of Mass
interfered with by other parties. Destruction.
d. Availability of Whistleblowing System complaint channels.
2. The Company considers the principle of equality and fairness
(Equal Treatment) to stakeholders and shareholders. The
Company realizes the intended commitment by providing equal
information to stakeholders, including through the company
website, national mass media, and the company’s social media.
3. In addition, the company provides channels for stakeholders to
participate in providing recommendations or opinions for the good
of the company. Some of the channels provided by the company
include General Meeting of Shareholders, Press Release, Public
Disclosure, Quarterly Analyst Meeting, and so forth.
Accountability The corporation can be accountable for its 1. The Company has guidelines for the Board of Directors and the
performance in a transparent and fair manner. Board of Commissioners regarding the exercise of their duties
Therefore, the corporation must be managed and obligations. The guidelines include meeting rules, voting
properly, measurably, and in accordance mechanisms, guidelines for managing conflicts of interest, and so
with corporate interests, while considering forth.
shareholders’ and stakeholders’ interest. 2. The availability of a check and balance from the implementation
Accountability is a pre-requisite for achieving of the Directors’ duties. The Directors are responsible and
sustainable performance. independent from the supervision of the Board of Commissioners.
3. The Company has an accountable and adequate governance
structure through the completeness of the Main Organs,
Supporting Organs and special Business Units that assist in
performing the Directors’ and the Board of Commissioners’
duties.
4. There are measurable standards in assessing the performance of
the Directors, Board of Commissioners and supporting organs that
are published transparently through the corporate governance
report.
PT Bank Rakyat Indonesia (Persero) Tbk. 545
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Corporate
Governance
Pillar Explanation Implementation at BRI
Transparency To maintain its objectivity in conducting 1. BRI establishes corporate transparency based on provisions
business, the corporation provides material and best practices in the industry. BRI also has Business Units,
and relevant information to stakeholders in an specifically managing corporate communication to each
easily accessible and understandable manner. stakeholder, comprising:
Then, the corporation takes the initiative to a. Corporate Secretary, being responsible for broadly
disclose not only issues required by laws and establishing the company’s reputation publicly.
regulations but also any significant issues for b. Investor relations, assigned to maintain better relationships
decision-making by shareholders, creditors, with shareholders.
and stakeholders. c. Customer Experience as well as Marketing Communication,
realizing the company’s products and services transparency
to customers.
2. BRI discloses information punctually, accurately, and sufficiently,
including compliance with the provisions related to disclosure and
reporting to the regulator and the interested party.
3. BRI has a directed policy and communication system through
a reliable channel, and it contains recent developments of the
company’s condition. Some communication channels managed
by the company are as follows:
a. Corporate website at www.bri.co.id
b. Social Media
• Facebook : BANK BRI
• Instagram : @bankbri_id
• X : @kontakBRI, @promo_BRI, @bankbri_id
• Youtube : BANK BRI
c. Artificial Intelligence-based Chatbot: Sabrina via WhatsApp
0812 1214 017
Sustainability The Corporation complies with laws and 1. The Company implements governance in accordance with
regulations and commits to fulfilling its applicable laws and regulations, including sector-specific banking
responsibilities to society and the environment regulations, as well as regulations related to capital markets,
to contribute to sustainable development with sound business competition, and State-Owned Enterprises.
relevant stakeholders. It is to improve their lives 2. BRI has a committee at the Directors level and Business Units that
in a way that aligns with business interests and specifically manages Environmental, Social & Governance aspects
the Sustainable Development Agenda. to ensure that the company’s commitment to sustainability has
been implemented properly.
3. BRI also builds a global standard sustainability report in order to
meet stakeholders’ expectations regarding BRI›s role in building
sustainability in the social and environmental sectors. In addition,
BRI has published the Task Force on Climate-Related Financial
Disclosures (TCFD Report) to further strengthen the company›s
commitment to environmental sustainability.
546 PT Bank Rakyat Indonesia (Persero) Tbk.
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Structure of
Governance
The Company’s governance structure consists of Company Organs and Infrastructure.
Company Organs
Based on the Law of the Republic of Indonesia Number 40 of 2007 concerning Limited Liability Companies, the Company’s
organs consist of:
1. General Meeting of Shareholders (GMS)
2. Board of Commissioners
3. Board of Directors
The Company’s organs were established to ensure the effective implementation of the Company’s governance principles, with
clear roles and responsibilities, thereby creating a monitoring and check-and-balance mechanism. Structure includes Main
Organs, Supporting Organs, and Policies and Procedures as follows:
Company Organs
MAIN ORGANS
General Meeting of Shareholders
(GMS)
BOARD OF COMMISSIONERS BOARD OF DIRECTORS
CHECK AND BALANCES
SECRETARIAT OF Asset and Liability Committee
(ALCO) CORPORATE
THE BOARD OF AUDIT COMMITTEE
Capital & Investment SECRETARY
COMMISSIONERS
Committee
Human Capital Committee
NOMINATION AND INTERNAL AUDIT
REMUNERATION WORK UNIT
Information Technology
COMMITTEE
Steering Committee
RISK MANAGEMENT Procurement Committee
COMPLIANCE
MONITORING
WORK UNIT
COMMITTEE Credit Policy Committee
INTEGRATED Product Committee
RISK MANAGEMENT
GOVERNANCE
Project Management Office WORK UNIT
COMMITTEE
Steering Committee
Risk Management Committee
EXTERNAL AUDITOR
Environmental, Social &
SUPPORTING ORGANS Governance (ESG) Committee
*explanation of each organ can be found in each sub-chapter in the Annual Report
PT Bank Rakyat Indonesia (Persero) Tbk. 547
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Corporate
Governance
Governance Infrastructure
Corporate Governance Infrastructure
Based on BRI Board of Directors Circular Letter No. SE.13-DIR/KPD/09/2025 dated September 30, 2025, regarding the
Establishment and Management of Policies & Procedures, the hierarchy of Policies & Procedures is illustrated as follows:
General
Policy
Implementation Guidelines
Standard Operating Procedure
GCG Code of Conduct Culture Values
1. General Policy is a regulation that contains the basic principles, outline and/or philosophy and is high level, strategic, and
long-term in nature.
2. Implementation Guidelines (PP) are regulations that contain general standards of business processes/explanations of
activities or provisions of product specifications, target markets, and generally applicable requirements.
3. Standard Operating Procedures (SOP) are regulations that contain standards of business processes/explanations of activities or
provisions of product specifications, target markets, and requirements that are more technical, detailed, and/or dynamic in nature.
In detail, the Corporate Governance Infrastructure owned by Bank BRI includes:
Issue Internal Policy
Articles of Association The Articles of Association of PT Bank Rakyat Indonesia (Persero) Tbk contained in Deed Number 15 dated April 22,
2025, which has received Ratification of Amendments and Acknowledgment of Notification of Amendments to the
Articles of Association from the Minister of Law and Human Rights of the Republic of Indonesia dated May 8, 2025.
Implementation of the 1. The Board of Commissioners has Work Guidelines and Regulations, which are ratified in the Decree of the BRI
Directors’ and Board Board of Commissioners Number 06-KOM/05/2024 dated May 28, 2024.
of Commissioners’ 2. BRI’s Board of Directors has established the Guidelines and Rules of Procedure for the Board of Directors, ratified
duties through Decree No. B.299-DIR/SKP/04/2020 dated April 24, 2020.
General Provisions on 1. General Policy of Corporate Governance of PT Bank Rakyat Indonesia (Persero) Tbk No. KU.02-DIR/KEP/10/2023
Corporate Governance dated October 10, 2023 Book 1 concerning Governance and Compliance of PT Bank Rakyat Indonesia (Persero)
Tbk.
2. General Policy of Corporate Governance of PT Bank Rakyat Indonesia (Persero) Tbk No. KU.02-DIR/KEP/10/2023
dated October 10, 2023 Book 2 concerning Integrated Governance for Financial Conglomerates of PT Bank
Rakyat Indonesia (Persero) Tbk.
3. Circular Letter of BRI’s Board of Directors No. SE.28-DIR/KEP/12/2025 dated December 30, 2025, concerning the
Implementation of the Compliance Function.
4. Circular Letter of BRI’s Board of Directors No. SE.09-DIR/KEP/03/2023 dated March 15, 2023, concerning
Corporate Governance, as last amended by Circular Letter No. SE.09.c-DIR/KEP/03/2023 dated December 31,
2024, regarding the Third Amendment to Corporate Governance.
5. Standard Operating Procedure No. SO.26-KEP/10/2025 dated October 9, 2025 concerning the Implementation of
Good Corporate Governance (GCG), as last amended by Standard Operating Procedure No. SO.26.a-KEP/10/2025
dated November 28, 2025 concerning the First Amendment to the Implementation of Good Corporate Governance
(GCG).
6. Implementation Guidelines No. JL.37-SBM/12/2025 dated December 31, 2025 concerning BRI Financial
Conglomeration.
548 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Issue Internal Policy
Board of 1. Joint Decree of the Board of Commissioners and the Board of Directors No. 09-KOM/BRI/11/2017 and No. S.1023-
Commissioner, DIR/KPS/11/2017 dated November 30, 2017 concerning the Remuneration Governance Policy of PT Bank Rakyat
Directors, and Indonesia (Persero) Tbk.
Employees 2. Circular Letter No. 38-DIR/HCS/12/2024 dated December 30, 2024 concerning Employee Remuneration.
Remuneration
Committee’s 1. Decree of the Nomination and Remuneration Committee (NRC) No. 1723-DIR/HBS/04/2025 dated April 17, 2025,
Code of Conducts concerning the appointment of the Chairperson and Members of the Nomination and Remuneration Committee
under the Board of of PT BRI (Persero) Tbk.
Commissioners 2. Decree of the Risk Management Monitoring Committee (MRC) No. 5546-DIR/HBS/11/2025, dated November
3, 2025, concerning the appointment of the Chairperson and Members of the Risk Management Monitoring
Committee of PT BRI (Persero) Tbk.
3. Decree of the Integrated Governance Committee (IGC) No. 11-KOM/BRI/11/2025 dated November 3, 2025,
concerning the appointment of the Chairperson and Members of the Integrated Governance Committee of
PT BRI (Persero) Tbk.
4. Audit Committee (KA) Decree SK Nokep: 1719 -DIR/HBS/04/2025, dated April 17, 2025 regarding the appointment
of the Chairperson and Members of the Audit Committee of PT BRI (Persero) Tbk.
Fixed Assets Decree of the Board of Directors of BRI No. KU.03-DIR/PLM/06/2024 dated June 25, 2024, concerning the General
Procurement and Policy on Fixed Assets Management & Procurement .
Management
Architecture and BRI Board of Directors Circular Letter No. SE.13-DIR/KPD/09/2025 dated September 30, 2025, concerning the General
Policy Management Policy on Fixed Assets Management & Procurement .
Corporate Planning 1. Board of Directors Circular Letter No. SE.03-DIR/PPM/03/2025 dated March 21, 2025, concerning Corporate
and Strategy Strategy (Book 1 regarding Long Term Plans).
2. Board of Directors Circular Letter No. SE.03-DIR/PPM/03/2025 dated March 21, 2025, Corporate Strategy (Book
2 regarding the Bank’s Business Plan).
Anti-Fraud Strategy 1. Directors’ Circular Letter No. SE.58b-DIR/ORD/11/2022 dated December 31, 2024 concerning Second Amendment
Corruption Controlling to Implementing Guidelines of Operating Risk Management (Book 5 Anti-Fraud Strategy).
2. Board of Directors Circular Letter No. SE.09-DIR/KEP/03/2023 dated March 2023 concerning Corporate
Governance (Book 3 related to Anti-Bribery and Gratification Control)
3. Circular Letter (SE) No. SE.09-DIR/KEP/03/2023 dated March 15, 2023, concerning Corporate Governance (Book
4 on the Anti-Bribery Management System ISO 37001:2016)
4. Board of Directors Circular Letter No. SE.09-DIR/KEP/03/2023 dated March 15, 2023 concerning Corporate
Governance (Book 5 related to State Officials’ Wealth Report (LHKPN))
Conflict of Interest Board of Directors Circular Letter No. SE.09-DIR/KEP/03/2023 dated March 2023 concerning Corporate Governance
(Book 1 regarding Handling Conflicts of Interest)
Whistleblowing Board of Directors Circular Letter No. SE.09-DIR/KEP/03/2023 dated March 2023 concerning Corporate Governance
System (Book 2 related to Handling Whistleblowing Systems)
Code of Ethics Board of Directors Circular Letter No. SE.09a-DIR/KEP/03/2023 dated October 31, 2023 concerning the First
Amendment to Corporate Governance (Book 6 related to the Code of Ethics)
Anti-Money 1. Board of Directors Circular Letter No. SE.04-DIR/KEP/05/2025 dated May 28, 2025, concerning Implementation
Laundering of the Anti-Money Laundering (AML) Program, Counter Terrorism Financing (CFT) and Prevention of Funding for
the Proliferation of Weapons of Mass Destruction (PPPSPM).
2. Standard Operating Procedure (SOP) No. SO.22-AML/09/2025 dated September 30, 2025 concerning the
Implementation of Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Prevention of
Financing of Proliferation of Weapons of Mass Destruction (CPF-PWMD)
PT Bank Rakyat Indonesia (Persero) Tbk. 549
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Corporate
Governance
Corporate Governance
Mechanism
The corporate governance process is the mechanism by which the company’s organs and subordinates carry out their functions
and duties to realize the commitment and governance structure, achieving governance results in accordance with GCG
principles. The BRI governance process includes:
1. Implementation of the General Meeting of Shareholders.
2. Implementation of Duties and Responsibilities of the Board of Commissioners and Board of Directors
3. Implementation of Duties and Responsibilities of the Supporting Committees of the Board of Commissioners and Directors
4. Implementation of Duties and Responsibilities of Supporting Organs
5. Strategic Planning and Performance Management
6. Business Processes and Company Activities
7. Risk Management and Internal Control
8. Compliance Management System
9. Internal Audit
Measurement/Testing of
GCG Implementation Quality
To ensure that corporate governance results are adequate, 2. Governance Process
BRI conducts an assessment of Corporate Governance The assessment aims to assess the effectiveness of the
implementation to measure the quality of governance process for implementing good governance principles,
structures and processes and to obtain feedback for supported by the adequacy of the Bank’s structured
continuous improvement. The assessment is carried out governance infrastructure, to produce results that are in
through self-assessment mechanisms and evaluations by line with stakeholder expectations.
independent parties with the following details: 3. Governance Outcome
The assessment aims to assess outcomes that meet the
expectations of the Bank’s stakeholders, resulting from
Internal Assessment the implementation of GCG principles and supported by
the adequacy of the Bank’s governance structure and
Self Assessment GCG infrastructure.
BRI conducts a self-assessment of the implementation of
good corporate governance principles every semester, in Assessment Criteria
accordance with POJK 17 of 2023 on the Implementation
of Governance for Commercial Banks and SEOJK No. 14/ Based on SEOJK No. 14/POJK.03/2025 the indicators that
POJK.03/2025 concerning Implementation of Governance serve as standards for implementing a corporate governance
for Commercial Banks. The Governance principles consist of Self Assessment include 16 (sixteen) parameters, consisting
Transparency, Accountability, Responsibility, Independence, of:
as well as Fairness and Equality at all levels of the Bank’s 1. Implementation of Duties, Responsibilities, and
organization and operational activities. The assessment was Authorities of the Board of Directors
carried out comprehensively on the implementation of the 2. Implementation of Duties, Responsibilities, and
principles of good corporate governance, covering 3 (three) Authorities of the Board of Commissioners
aspects of corporate governance, namely: 3. Completeness and implementation of the Committee’s
1. Governance Structure duties
The assessment aims to assess the adequacy of the 4. Handling Conflicts of Interest
Bank’s governance structure and infrastructure so that 5. Implementation of compliance functions
the implementation of good governance principles 6. Implementation of the internal audit function
produces results aligned with stakeholder expectations. 7. Implementation of the external audit function
8. Implementation of risk management including an internal
control system
550 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
9. Provision of Remuneration 16. Implementation of Governance within the Bank’s
10. Providing funds to related parties and providing large Business Group
funds (large exposure)
11. Integrity of Reporting and Information Technology Systems
12. Bank strategic plan
The Party Carrying Out The Assessment
13. Shareholder Aspects
The GCG Self Assessment is coordinated by the Compliance
14. Implementation of Anti-Fraud Strategy, including Anti-
Group and evaluated by the Committee under the Board of
Bribery
Commissioners on a periodic basis. The results of the GCG
15. Implementation of Sustainable Finance, including Social
Self Assessment are then reported to the OJK.
and Environmental Responsibility
Self Assessment Results
In the corporate governance assessment conducted in 2025, the results of the self-assessment were as follows:
Self Assessment Results (Self Assessment) Implementation of Governance
Entity Rating Rating Definition
PT Bank Rakyat Indonesia 2 Reflects that BRI Management has implemented GCG across the Governance
(Persero) Tbk. Structure, Governance Process, and Governance Outcome aspects, which are
generally good. This is reflected in adequate fulfillment of the principles of Good
Corporate Governance. If there are weaknesses in the application of GCG principles,
they are generally less significant and can be resolved through normal actions by BRI
management.
Analysis
Governance Structure The implementation of Good Corporate Governance in the governance structure was considered adequate,
supported by governance structures, policies, strategies, and integrated systems. The composition of the Company’s
management had also been structured in accordance with prevailing regulations and supported by adequate
internal policies. Any identified weaknesses were appropriately followed up on and did not impact the Company’s
performance.
Governance Process The implementation of Good Corporate Governance in the governance process has generally gone well. The business
processes carried out align with the established business plan, and each company organ has carried out its business
processes in accordance with its duties and responsibilities. Apart from that, BRI regularly conducts reviews and
evaluations to improve the effectiveness of each company organ’s duties and responsibilities. Weaknesses in the
implementation of the governance process can be addressed immediately to take corrective action.
Governance Results The implementation of Good Corporate Governance in the governance outcome aspect has generally been carried
out well; the disclosure and transparency of information, data, and reports are in accordance with applicable
regulations. Due to weaknesses in the reporting process, BRI has developed and refined its management information
and reporting system to improve reporting quality and make it easier for stakeholders to obtain accurate information.
Follow-up on Self-Assessment Results
Negative Aspects Follow-up
Structure There are still members of the Board of Directors who have As of March 13, 2026, all members of the Board of Directors
been appointed at the GMS and have not received approval and Board of Commissioners have received approval for the fit
for the fit and proper assessment from the Financial Services and proper assessment from the Financial Services Authority.
Authority.
Process There are potential risks reflected in the increasing weaknesses The Company increases periodic evaluation of the effectiveness
in internal control over several risk issues, but the Company of internal controls and updates standard operating procedures
ensures that all these weaknesses are still within the control to mitigate the potential for higher risk increases.
limits and the internal control process is still functioning
effectively to prevent material financial and operational impacts.
Outcome There has been an increase in operational risk, but it remains The Company continues to optimize its real-time risk monitoring
within the established risk tolerance limits. The company’s risk system to ensure that any potential risks can be detected and
mitigation mechanisms are still very capable of minimizing the mitigated early before they exceed the specified tolerance
potential for material losses to the Company’s financial stability. threshold.
PT Bank Rakyat Indonesia (Persero) Tbk. 551
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Corporate
Governance
Governance Maturity Level
BRI’s Governance Maturity Assessment was conducted as part of efforts to strengthen the implementation of Good Corporate
Governance through periodic measurement of governance structure, process, and outcome aspects. In 2025, BRI conducted a
governance maturity evaluation for the 2024 period, which was carried out by an independent party, achieving a score of 4.48,
an increase compared to the previous period’s score of 4.30, as illustrated in the following diagram:
Structure & Process
4,45 -> 4,66
Relationship with parties GCG Implementation and
who have financial claims Change Management
4,09 -> 4,13 4,04 -> 4,15
Information transparency Relationships with
& internal control stakeholders
4,44 -> 4,71 4,21 -> 4,25
4,08 -> 4,39 4,81 -> 4,72
Effectiveness of Risk & Quality of
Compliance Management Strategic Planning
2023 2024
Financial
Relationship Transparency, Effectiveness
Implementation
with Parties Information of Risk Quality of Relationship
Structure of GCG and
. & Process
Having Disclosure & Management Strategic with
Change
Financial Effectiveness and Planning Stakeholders
Management
Claims of Internal Compliance
Control
2022 4.24 3.90 3.75 3.73 4.50 3.86 3.68
2023 4.45 4.09 4.45 4.09 4.81 4.22 4.04
2024 4.66 4.13 4.71 4.39 4.72 4.25 4.15
External Assessment
Corporate Governance Perception Index
CGPI is one of the corporate governance assessments through a research method implemented by The Indonesian Institute
for Corporate Governance (IICG) in Indonesian companies. For the past 5 (five) years, BRI has consistently improvements to
the GCG implementation comprehensively. Hence, and in line with that in 2025, BRI achieved highest in the CGPI assessment
event. This achievement shows BRI management’s commitment to continuously and sustainably support the achievement of
the company’s vision and mission.
552 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
2024 2025
2022 2023
2021
2020
93,25 95,10 95,18 95,21 95,31 95,38
Most Trusted Most Trusted Most Trusted Most Trusted Most Trusted Most Trusted
Companies Companies Companies Companies Companies Companies
The CGPI assessment was carried out on 3 aspects of governance, namely:
• Governance Structure includes corporate governance structure and policy.
• Governance Process includes the corporate governance system and mechanism.
• Governance Outcome includes output, outcome, and impact of the GCG implementation process.
The 2024 CGPI Assessment in Subsidiaries
To enhance the implementation of Good Corporate Governance within the BRI Financial Conglomeration, BRI, as the parent entity,
encouraged Subsidiaries that are members of the BRI Financial Conglomeration to participate in the Corporate Governance
Perception Index (CGPI) assessment as a form of external evaluation of corporate governance implementation in each respective
company. The CGPI scores obtained by the Subsidiaries within the BRI Financial Conglomeration were as follows.
BRI
Implementing BRI
Pegadaian PNM Bank Raya BRI Finance BRI Life Danareksa
Year Insurance
Sekuritas
2022 87.81 82.45 - 81.55 83.29 82.33 -
2023 88.42 83.50 - - 84.40 82.85 -
2024 88.74 84.62 83.80 - 85.40 83.95 81.77
89.05 85.55 85.07 - 86.35 85.25 83.46
2025
Most Trusted Most Trusted Most Trusted Most Trusted Most Trusted Trusted
ASEAN Corporate Governance Scorecard
ACGS is one of the parameters for measuring governance practices agreed by the ASEAN Capital Market Forum (ACMF) and
supported by the Asian Development Bank (ADB). It aims to improve governance practices among Listed Companies in ASEAN
and support them in becoming companies with class assets. The ASEAN Corporate Governance Scorecard (ACGS) criteria
adopt the principles of Corporate Governance issued by the Organization for Economic Cooperation and Development (OECD).
1. Shareholder Rights.
2. Sustainability and Resilience.
3. Disclosure and Transparency.
4. Responsibilities of the Board of Directors and Board of Commissioners.
In 2025, BRI was ranked among the Top 5 Public Listed Companies (PLCs) in Indonesia &
the ASEAN Asset Class PLCs. The implementation of BRI’s Corporate Governance, referring
to the ASEAN Corporate Governance Scorecard, is delivered thoroughly on BRI’s website at
https://www. ir-bri.com/acgs.html or through the following QR Code.
PT Bank Rakyat Indonesia (Persero) Tbk. 553
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Corporate
Governance
Implementation of Corporate Governance in
Accordance with Financial Services
Authority Provisions
The implementation of aspects and principles of public company governance is regulated in OJK Regulation No. 21/POJK.04/2015
concerning Implementation of Public Company Governance Guidelines and OJK Circular Letter No. 32/SEOJK.04/2015
concerning Public Company Governance Guidelines, which regulates 5 (five) aspects, 8 (eight) principles and 25 (twenty five)
recommendations for implementing governance principles.
The implementation of these recommendations in BRI’s GCG is as follows:
No Aspect; Principle; Recommendation Comply or Explain
A. ASPECT 1:
PUBLIC COMPANY RELATIONSHIP WITH SHAREHOLDERS IN GUARANTEEING SHAREHOLDER RIGHTS.
A.1. Principle 1: Increase the value of holding a General Meeting of Shareholders (GMS).
A.1.1. Recommendation 1: The BRI General Meeting of Shareholders is conducted through one vote per
Public Companies have technical share. The voting mechanism is implemented by way of raising hands, and
methods or procedures for collecting the Officer collects voting rights by approaching all present shareholders.
votes, both openly and privately, that The Company has used a decision-making procedure based on voting, which
prioritize shareholder independence prioritizes independence and the interests of shareholders in accordance
and interests. with OJK provisions. The Company has implemented as follows:
− Have a voting procedure in decision-making on the GMS agenda as
stipulated in the BRI GMS Rules of Conduct, which is announced to the
shareholders through the company’s website.
− The voting procedure involves Independent Parties, namely a Notary
and the Securities Administration Bureau.
− The voting process is regulated in BRI’s Articles of Association, and the
GMS Rules are available on the company’s website.
Remarks: Comply
A.1.2. Recommendation 2: In 2025, BRI held the Annual General Meeting of Shareholders for Fiscal 2024
All members of the Board of Directors on March 24, 2025 and the Extraordinary General Meeting of Shareholders
and members of the Board of on December 17, 2025, which were attended by all members of the Board of
Commissioners of Public Companies Commissioners and the Board of Directors.
are present at the Annual GMS. Remarks: Comply
A.1.3. Recommendation 3: For the GMS convened in 2025, the Company prepared summaries of the
A summary of the GMS minutes is minutes in both Indonesian and English with the following details:
available on the Public Company 1. The minutes of the AGM meeting were published on the company’s
Website for at least 1 (one) year. website within 1 (one) working day, Tuesday, March 25, 2025. The AGMS
was held on Monday, March 24, 2025.
2. The Summary of Minutes of the EGMS was published on the Company’s
website within 1 (one) working day, namely on Thursday, December 18,
2025. The EGMS was held on Wednesday, December 17, 2025.
The minutes of the Bank’s AGMS were available for more than 1 (one) year on
the BRI website. (www.bri.co.id)
Information related to the Annual GMS in 2025 was presented in the General
Meeting of Shareholders Sub-Chapter in the Corporate Governance Chapter
of this Annual Report.
Remarks: Comply
554 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Aspect; Principle; Recommendation Comply or Explain
A.2. Principle 2:
Improving the Quality of Public Company Communication with Shareholders or Investors.
A.2.1. Recommendation 4: The Company has a communication policy with shareholders or investors.
Public Companies have a This policy covers investor relations activities, including analyst meetings
communication policy with and public expos, aimed at providing shareholders or investors with a
shareholders or investors. clearer understanding of information published to the public, as disclosed
by the Corporate Secretary. BRI has a special unit, the Investor Relations
Division, which manages relationships with investors. Access Annual
Report Information Disclosure, which is also disclosed through the Website
Company (www.bri.co.id and www.ir-bri. com).
Remarks: Comply
A.2.2. Recommendation 5: Disclosure of communication policies with shareholders or investors has
The Public Company discloses the been uploaded on the Company’s website, namely www.bri.co.id and www.
Public Company’s communication ir-bri.com.
policy with shareholders or investors Remarks: Comply
on the Website.
B. ASPECT 2:
FUNCTIONS AND ROLES OF THE BOARD OF COMMISSIONERS
B.1. Principle 3:
Strengthen the Membership and Composition of the Board of Commissioners.
B.1.1. Recommendation 6: As of December 31, 2025, BRI’s Board of Commissioners consisted of 6
Determining the number of members (six) members: 3 (three) Independent Commissioners and 3 (three) non-
of the Board of Commissioners takes Independent Commissioners.
into account the Public Company’s Remarks: Comply
conditions.
B.1.2. Recommendation 7: The composition of members of the Board of Commissioners takes into
Determining the composition account the diversity of skills, knowledge and experience required as stated
of members of the Board of in the Composition and Division of Duties of the BRI Board of Commissioners.
Commissioners takes into account Remarks: Comply
the diversity of skills, knowledge and
experience required.
B.2. Principle 4:
Improving the Quality of Implementation of Duties and Responsibilities of the Board of Commissioners.
B.2.1. Recommendation 8: BRI carries out performance assessments of the Board of Commissioners
The Board of Commissioners has a based on applicable laws and regulations in order to improve the quality
self-assessment policy to evaluate of implementation of the duties and responsibilities of the Board of
its performance. Commissioners and improve BRI’s performance on an ongoing basis. The
Board of Commissioners has a Self Assessment Policy which is stated in
the Board Charter as described in the performance assessment section of
the Board of Commissioners of this Annual Report and on the Company’s
website (www.bri.co.id)
Remarks: Comply
B.2.2. Recommendation 9: The Board of Commissioners has a Self Assessment Policy which is stated
The self-assessment policy for in the Board Manual as described in the performance assessment section
assessing the performance of the of the Board of Commissioners of this Annual Report and on the Company’s
Board of Commissioners is disclosed website (www.bri.co.id)
in the Public Company’s Annual Remarks: Comply
Report.
B.2.3. Recommendation 10: The Company has a policy regarding the resignation and dismissal of the
The Board of Commissioners has a Board of Commissioners which is contained in the Company’s Articles of
policy regarding the resignation of Association and the resignation policy for the Board of Commissioners is
Board members who are involved in disclosed in the BRI 2025 annual report in the Board of Commissioners
financial crime. Chapter.
Remarks: Comply
PT Bank Rakyat Indonesia (Persero) Tbk. 555
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Corporate
Governance
No Aspect; Principle; Recommendation Comply or Explain
B.2.4. Recommendation 11: The policy regarding the requirements, procedures for the appointment,
The Board of Commissioners, or dismissal, and succession of the Board of Directors refers to the Regulation
the Committee that carries out of the Minister of State-Owned Enterprises No. PER-3/MBU/03/2023
the Nomination and Remuneration concerning Organs and Human Resources of State-Owned Enterprises.
function, prepares a succession In addition, as a public company, the Company’s policy also refers to the
policy during the Nomination OJK Regulation No.33/POJK.04/2014 concerning the Board of Directors
process for members of the Board of and Board of Commissioners of Issuers or Public Companies. The Board of
Directors. Directors Succession Policy is presented in the Nomination and Remuneration
Committee Chapter in BRI’s 2025 annual report.
Remarks: Comply
C. ASPECT 3:
FUNCTIONS AND ROLES OF THE BOARD OF DIRECTORS
C.1. Principle 5:
Strengthen the Membership and Composition of the Board of Directors.
C.1.1. Recommendation 12: The determination of the number of members of the Board of Directors has
Determining the number of members undergone careful consideration and has been referred to OJK Regulation
of the Board of Directors takes into No. 33/POJK.04/2014 concerning the Board of Directors and Board of
account the Public Company’s Commissioners of Issuers or Public Companies, which stipulates that the
condition and its effectiveness in Board of Directors must consist of at least 2 (two) people. The number of
decision-making. members of the BRI Board of Directors in 2025 will be 13 (thirteen) Directors.
Remarks: Comply
C.1.2. Recommendation 13: A fit and proper test is carried out to ensure that the competency, experience
Determining the composition of the and educational background of the members of the Board of Directors are
Board of Directors takes into account in accordance with the appropriateness based on applicable regulations and
the diversity of skills, knowledge, and the needs of the Company and is disclosed in the Diversity Composition of
experience required. the Board of Directors section of this Annual Report.
Remarks: Comply
C.1.3. Recommendation 14: In accordance with OJK Regulation no. 37/ POJK.03/2019 concerning
Members of the Board of Directors Transparency and Publication of Bank Reports, the Director in charge/
who are in charge of accounting supervisor of accounting or finance is held by Achmad Royadi, who has
or finance have expertise and/or expertise and/or knowledge in the field of accounting, including.
knowledge in the field of accounting. Title and Education:
• Master of Business Administration, Tulane University (2009)
• Bachelor of Economics, Padjajaran University (1998).
Experience:
Senior Executive Vice President - Treasury & Global Services
Remarks: Comply
C.2. Principle 6:
Improving the Quality of Implementation of Directors’ Duties and Responsibilities
C.2.1. Recommendation 15: BRI carries out performance assessments of the Board of Directors based
The Board of Directors has a self- on applicable laws and regulations in order to improve the quality of the
assessment policy to evaluate its implementation of the Board of Directors’ duties and responsibilities and
performance. improve BRI’s performance on an ongoing basis.
The Board of Directors has a Self Assessment Policy, as stated in the Board
Charter, as described in the performance assessment section of the Board
of Commissioners of this Annual Report.
Remarks: Comply
C.2.2. Recommendation 16: The Self Assessment policy on the performance of the Board of Directors
The self-assessment policy for the has been disclosed in the results section of the Directors’ Performance
Board of Directors’ performance is Assessment in the 2025 BRI Annual report.
disclosed in the Public Company’s Remarks: Comply
annual report.
C.2.3. Recommendation 17: BRI has a policy regarding the resignation and dismissal of Directors which
The Board of Directors has a policy states the dismissal of a member of the Board of Directors if the person
regarding the resignation of Board concerned is involved in an action that is detrimental to the Company and/or
members who are involved in the State and if the person concerned is found guilty by a court decision that
financial crimes. has permanent legal force, as stated in the Board Charter. Policies regarding
the resignation and dismissal of Directors are regulated in BRI’s Articles of
Association.
Remarks: Comply
556 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Aspect; Principle; Recommendation Comply or Explain
D. ASPECT 4:
STAKEHOLDER PARTICIPATION
D.1. Principle 7:
Improving Corporate Governance Aspects through Stakeholder Participation
D.1.1. Recommendation 18: BRI Insider Trading policy is regulated under:
Public Companies have policies to 1. Circular Letter (SE) Number SE.09.a-DIR/ KEP/03/2023 dated October
prevent insider trading. 31, 2023 concerning the First Amendment to Corporate Governance
Book 6 concerning the Code of Ethics.
2. Circular Letter (SE) Number SE.09-DIR/ KEP/03/2023 dated March 15,
2023 concerning Corporate Governance Book 1 concerning Conflicts of
Interest.
Remarks: Comply
D.1.2. Recommendation 19: The implementation of the Anti-Fraud Strategy at BRI is regulated in the
Public Companies have anti- Board of Directors’ Circular Letter Number: SE.58b-DIR/ORD/11/2022 dated
corruption and anti-fraud policies. December 31, 2024 concerning the Second Amendment to the Guidelines
for the Implementation of Operational Risk Management (Book 5 Anti-Fraud
Strategy).
To improve banks’ ability to prevent fraud and respond rapidly when a fraud
event occurs, fraud risk management was divided into 2 main activities: risk
management (when fraud is still a potential risk) and incident handling (after
the incident occurs). This fraud risk management activity was adapted and
developed from the 4 (four) pillars, namely:
1. Prevention
2. Detection
3. Investigation, Reporting, and Sanctions
4. Monitoring, Evaluation, and Follow-Up
To create a company environment free from Corruption, Collusion, and
Nepotism, BRI has an anti-corruption policy, as stated in Circular Letter
Number SE.09- DIR/KEP/03/2023 dated March 15, 2023, concerning
Corporate Governance Book 3 regarding Anti-Bribery and Gratification
Control.
To create and implement an Anti-Bribery Management System at PT. Bank
Rakyat Indonesia (Persero), BRI, has implemented ISO 37001:2016 and
adopted the ISO 37001:2016 Anti-Bribery Management System policy, as
stated in Circular Letter (SE) Number SE.09-DIR/KEP/03/2023 dated March
15, 2023, concerning Corporate Governance Book 4 on the ISO 37001:2016
Anti-Bribery Management System.
Remarks: Comply
D.1.3. Recommendation 20: The Company has established a policy on BRI Vendor Management,
Public Companies have policies for as regulated under the BRI Board of Directors Decree No. KU.03-DIR/
selecting and improving supplier or PLM/06/2024 dated June 25, 2024, concerning the General Policy on Fixed
vendor capabilities. Assets Management & Procurement concerning Procurement of Goods and/
or Services, as last amended by Circular Letter No. SE.18.b-DIR/PLM/05/2023
dated July 31, 2024, concerning the Second Amendment to Procurement of
Goods and/or Services (Book 11).
Remarks: Comply
D.1.4. Recommendation 21: The Company has a policy regarding the fulfillment of creditor rights, as set
Public Companies have policies for forth in each Loan Agreement between BRI and the debtors. The agreement
fulfilling their obligations to creditors sets out the rights and obligations of both parties, including transparency in
financial reporting to creditors.
Remarks: Comply
D.1.5. Recommendation 22: Implementation Guidelines No. JL.04-KEP/05/2025, dated May 8, 2025,
Public Companies have a concerning the Whistleblowing System, regulates the types of violations
whistleblowing system policy. reported, reporting channels, the protection and confidentiality of reporters,
as well as the Business Unit responsible for managing the Whistleblowing
System. Furthermore, BRI has collaborated with an independent party in
receiving complaint reports through the Whistleblowing System.
Remarks: Comply
D.1.6. Recommendation 23: BRI has a policy on long-term employee incentives, as set out in the Board of
Public Companies have a policy of Directors Circular Letter Number SE.36-DIR/HCS/12/2024 dated December
providing long-term incentives to 30, 2024.
Directors and employees. Explanation of Long-Term Incentives is also regulated in the Employee
Welfare Section in BRI’s 2025 Annual Report.
Remarks: Comply
PT Bank Rakyat Indonesia (Persero) Tbk. 557
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Corporate
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No Aspect; Principle; Recommendation Comply or Explain
E. ASPECT 5:
INFORMATION DISCLOSURE
E.1. Principle 8:
Improving the Implementation of Information Disclosure.
E.1.1. Recommendation 24: The Company always strives to improve the quality of information disclosure
Public Companies make wider use to stakeholders through information technology platforms, in addition to
of information technology apart from its website. The Omni Channel BRI is an access where BRI customers can
Websites as a medium for information obtain information about BRI products and services in full, as well as submit
disclosure. complaints through the following available channels:
1. Direct visits through Customer Service in all BRI operating units
2. Contact BRI 1500017
3. Social Media
a. Facebook : BANK BRI
b. Instagram : @bankbri_id
c. X : @kontakBRI, @promo_BRI, @bankbri_id
4. Youtube : BANK BRI
5. Chatbot : Sabrina via WhatsApp 0812 1214 017
Remarks: Comply
E.1.2. Recommendation 25: In the 2025 BRI Annual Report, it conveys the obligation to disclose
The Annual Report of a Public information regarding shareholders who own 5% (five percent) or more
Company discloses the ultimate shares of a Public Company, as well as the obligation to disclose information
beneficial owner in Public Company regarding the main and controlling shareholders of a Public Company, both
share ownership of at least 5% (five directly and indirectly, up to the last beneficial owner in ownership of the
percent), in addition to disclosure shares.
of the ultimate beneficial owner in Remarks: Comply
Public Company share ownership
through the main and controlling
shareholders.
558 PT Bank Rakyat Indonesia (Persero) Tbk.
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Implementation of Corporate Governance
Aspects and Principles in Accordance with
The Guidelines of Corporate Governance
Principles for Banks Published by The Basel
Committee in Banking Supervision
The Governance Guidelines include 12 (twelve) corporate governance principles. The description of its implementation can be
conveyed as follows.
Principle Explanation Implementation at BRI
Principle 1 The Board of Commissioners has responsibilities The scope of the Board of Commissioners’ obligations as stated
Responsibility that include approval and oversight of the in the Board of Commissioners’ Rules of Procedure ratified in
of the Board of implementation of business strategies, governance the Decree of the BRI Board of Commissioners Number Decree
Commissioners. structures and mechanisms, and corporate culture 06-KOM/05/2024 dated May 28, 2024 includes the Board of
Commissioners providing opinions and approvals on the Bank’s
work plan.
Principle 2 Members of the Board of Commissioners must The scope of the Board of Commissioners’ obligations as stated
Qualifications possess qualities that align with their duties and in the Board of Commissioners’ Code of Conduct in the Board of
and Composition responsibilities, both individually and collectively. Commissioners Decree Number 06-KOM/05/2024 dated May 28,
of the Board of The Board of Commissioners must understand its 2024 includes the Board of Commissioners’ role in ensuring the
Commissioners. role in supervising and implementing corporate implementation of Good Corporate Governance in every business
governance, and be able to carry out decision- activity of the Company at all levels or organizational levels and
making in a sound and objective manner. supervise the implementation of Integrated Governance. In
order to implement good corporate governance, the Board of
Commissioners is responsible for, among other things:
1. Propose the appointment of a Public Accountant to the GMS
2. Report the results of supervision carried out to the GMS.
All members of the Board of Commissioners have passed the
OJK fit-and-proper test and are certified in risk management, as
detailed in each member’s profile.
Principle 3 The Board of Commissioners must establish The Board of Commissioners has committees to assist in carrying
Structure and appropriate governance structures and practices out its duties, namely the Audit Committee, Risk Management
Mechanism of to carry out its duties and periodically review their Monitoring Committee, Nomination and Remuneration Committee,
the Board of effectiveness. and Integrated Governance Committee.
Commissioners.
Principle 4 Under the direction and supervision of the Board of The duties and responsibilities of the Board of Commissioners
Directors. Commissioners, the Board of Directors manages include providing direction and supervision to the Board of
the Bank’s activities in accordance with the Bank’s Directors in the management of the Company. The Board of
business strategy, risk appetite, remuneration Commissioners approves the company’s plans, work, and the
policies, and other policies approved by the Board implementation of the Bank’s strategic policies.
of Commissioners.
Principle 5 In a business group, the Board of Commissioners The Integrated Governance Committee is a supporting organ
Business Group of the parent company has overall responsibility of the Board of Commissioners in ensuring the establishment
Governance for the business group and to ensure the and implementation of clean governance practices related to
Structure. establishment and implementation of clean the financial conglomerate’s structure, business, and risks. One
governance practices related to the structure, of the duties and responsibilities of the Integrated Governance
business and risks of the business group Committee is to evaluate the implementation of integrated
and entity. The Board of Commissioners and governance by assessing the adequacy of internal controls,
Directors must understand the business group’s the execution of the compliance function, the implementation
organizational structure and the risks it faces. of integrated risk management, and other relevant integrated
aspects.
Principle 6 Banks must have a quality risk management BRI has a Risk Management function that includes identifying,
Risk Management function, be independent, have quality resources measuring, monitoring, and controlling all Company risk exposures
Function. and have access to the Board of Commissioners. carried out by the Risk Management Directorate. In carrying out
its supervisory function, the Board of Directors communicates
the implementation of the risk management function to the Board
of Commissioners through the Risk Management Monitoring
Committee.
PT Bank Rakyat Indonesia (Persero) Tbk. 559
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Corporate
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Principle Explanation Implementation at BRI
Principle 7 Risks must be identified, monitored, and controlled The process of implementing risk management, which includes
Risk Identification, for all Bank activities. The quality of the risk identifying, measuring, monitoring, and controlling risks, is
Monitoring, and management infrastructure and internal control carried out on an ongoing basis. Risk management is carried out
Control. must keep pace with changes in the Bank’s risk across all bank activities in accordance with the management
profile, external risk conditions, and industry standard provisions set by the regulator.
practices.
Principle 8 Implementing effective risk governance requires To support the implementation of Operational Risk Management
Risk Communication. accurate risk communication within the Bank, both (MRO), BRI has prepared an MRO Framework aligned with the
between organizations and through reporting to principles of Risk Management in ISO 31000:2018, serving as
the Board of Commissioners and Directors. a guideline for implementing MRO across every line. The MRO
Framework is generally divided into 3 (three) main components,
namely Business Strategy, Business Management, and Business
Enablers.
BRI conducts regular discussions on risk management through
the Risk Management Forum, the Risk Management Committee,
and the Integrated Risk Management Committee.
Principle 9 The Board of Commissioners is responsible for The implementation of the Board of Commissioners’ supervisory
Compliance. supervising management related to the Bank’s function regarding Bank Compliance risks is carried out by
compliance risks. The Board of Commissioners the Risk Management Monitoring Committee, which oversees
must establish a compliance function and approve the application of the precautionary principle to ensure that
policies and processes for identifying, assessing, all business activities and policies comply with all applicable
monitoring, and reporting, and for providing laws and regulations. The compliance function is reviewed and
advice on compliance risks. evaluated every semester.
Principle 10 The internal audit function must report The Internal Audit Business Unit within the BRI organization is
Internal Audit. independent assurance activities to the Board directly under the President Director and can communicate and
of Commissioners and must support the Board coordinate supervision with the Board of Commissioners through
of Commissioners and Directors in encouraging the Audit Committee. Duties and responsibilities: The Internal
the implementation of effective governance Audit Business Unit is responsible for carrying out independent,
processes and the long-term health of the Bank. objective assurance and consulting activities to add value and
improve operational activities.
Principle 11 The Bank’s remuneration structure must support BRI’s remuneration structure refers to OJK Regulation Number
Compensation. the implementation of corporate governance and 45/ POJK.03/2015 concerning the Implementation of Governance
risk management. in Providing Remuneration for Commercial Banks. The
implementation of BRI’s Remuneration Governance is presented
in the 2025 BRI Annual Report in the Remuneration Governance
Policy Chapter.
Principle 12 The Bank’s governance must be implemented BRI’s disclosure and transparency to shareholders are conveyed
Disclosure and transparently to Shareholders, Depositors, other on the company website www.bri.co.id, which provides the latest
Transparency. relevant Stakeholders, and Market Participants. information. BRI Bank’s information disclosure is also conveyed in
its Annual Report, Sustainability Report, and Public Expose.
Relationship Between Structure,
Mechanism and Governance Results
Corporate governance is implemented in an integrated series encompassing three (3) governance aspects: structure,
process, and outcome. These three aspects, carried out by BRI, ensure the availability of adequate governance structures and
infrastructure, maximize the effectiveness of governance implementation processes, and improve governance outcomes to
meet stakeholders’ expectations.
560 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Implementation of
Corporate Governance
3. The right to propose the agenda of the GMS.
Shareholders 4. The right to request access to company data and
documents, with the mechanism of the use of said
Shareholders are individuals or legal entities who are the rights in accordance with the provisions in the Articles of
legitimate owners of the company’s shares. Shareholders do Association and laws.
not interfere with the functions, duties, and authorities of the
Board of Commissioners and the Board of Directors. Apart from the special rights held by the Series A Dwiwarna
Shareholder, the Series A Shareholder and the Series B
BRI shares are categorized into 2 (two) types, namely: Shareholder have the same rights as long as it is not regulated
1. Series A Dwiwarna shares otherwise by the Articles of Association, namely:
2. Series B shares 1. Attend the GMS either directly or through proxy, provide
an opinion and/or take a decision. Each shareholder
Shareholders have an important role in the implementation is entitled to be treated equally and to make a claim in
of corporate governance, which is manifested in the accordance with the type, classification, and number of
implementation of shareholder rights in the GMS in accordance shares owned.
with the principles of good corporate governance. 2. Receive accurate and prompt information related to
BRI with the principle of equality of information to all
Shareholders Rights shareholders.
3. Receive distribution of dividend and other forms of profit
Holders of Series A Dwiwarna shares and Series B Shares of BRI in proportion to total owned shares.
have the same rights and every 1 (one) share gives 1 (one) 4. Receive remaining returns from the bank liquidation in
voting right. Ownership of Dwiwarna Series A Shares the event of bankruptcy.
provides special rights to the government as the main 5. Request a General Meeting of Shareholders by one or
shareholder as follows: more shareholders of either share or jointly representing
1. The right to approve in the GMS regarding the following 1/10 (one-tenth) or more of the total shares issued by
matters: the Company with valid voting rights, in good faith, on
a. Approval of amendment to the Articles of Association. the basis of the interests of the Company, and does not
b. Approval of changes in capital. conflict with the laws and regulations of the Company.
c. Approval of dismissal and appointment of members of 6. Obtain comprehensive and accurate information on the
the Board of Directors and Board of Commissioners. GMS procedures requirements.
d. Approval on merger, consolidation, expropriation, 7. File a lawsuit against the Bank for any loss resulting from
separation and dissolution. the Bank’s acts that are considered unfair and irrational
e. Approval of remuneration of members of the Board due to the resolutions of GMS, the Board of Directors
of Directors and Board of Commissioners. and/or Board of Commissioners.
f. Approval of the transfer of assets based on These 8. Request for the Bank to purchase its shares at a fair
Articles of Association requires the approval of the price with the procedure as stipulated in the Articles
GMS. of Association/ applicable laws and regulations in the
g. Approval regarding participation and reduction event that the shareholder disagrees with the Company’s
in the percentage of equity participation in other action/ corporate actions that cause such loss to the
companies. Shareholders or the Company.
h. Approval of the use of profits. 9. Attain corporate information from the Board of Directors
i. Approval regarding investment and long-term and/ or Board of Commissioners at the GMS as far as the
financing that is not operational in nature, based on requested information is in line with the meeting agenda
the Articles of Association, requires the approval of and does not contradict the Company’s interests.
the GMS. 10. Obtain information relating to the Company from the
2. The right to nominate members of the Board of Directors Board of Directors and/or Board of Commissioners in the
and members of the Board of Commissioners. GMS as long as it is related to the agenda of the Meeting
and does not conflict with the interests of the Company.
PT Bank Rakyat Indonesia (Persero) Tbk. 561
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11. Through the GMS, make changes to the Board of Equal Treatment for Shareholders
Directors and the Board of Commissioners together with
the Series A Dwiwarna Shareholders, provided that they
BRI upholds equal treatment for all Shareholders which is
represent more than ½ of the total number of shares with
reflected in:
valid voting rights.
1. Each shareholder has 1 (one) voting right.
2. Providing the same access to information through
Investor Relations channel by means of direct interaction
Responsibilities of Shareholders
at Public Expose, Non-deal Roadshow, Press Conference
or 1-on-1 Meeting, Conference Call and Email, as well
1. All Shareholders must be able to: as Documents availability on the Company’s website,
a. Separate the ownership of the company’s assets and Investor Relations, and Indonesia Stock Exchange
of personal assets. including the Annual Report, Audited Financial Statement,
b. Separate its function as shareholders and as and Highlights of Company’s Financial Performance, etc.
members of the Board of Commissioners or Board 3. Equal treatment for all Shareholders to obtain information
of Directors in the event the shareholder holds a disclosure from the Bank, including information related
position in either organ. with company performance, financial statements, and
2. The Controlling Shareholder must be able to: the implementation of the GMS.
a. Take into account the interests of minority
shareholders and stakeholders pursuant to the
prevailing laws and regulations. Policy on Shareholders Relations
b. Disclose the ultimate shareholders of the Bank to
the law enforcement agency, where suspicion of The relationship between the Company and Shareholders
legal breach arises or is requested by the competent is regulated in the Company’s Articles of Association. All
authority. communication with Shareholders shall be the responsibility
c. Exert accountability and transparency in relationships of spokesperson of the company. The Company has a
between companies, where shareholders are also spokesperson who is authorized to communicate with
controlling shareholders of several other companies. Shareholders. All Shareholders must receive equal treatment
3. The minority shareholders are responsible for exercising and information (equitable treatment) in a timely manner
their rights pursuant to the Company’s Articles of as stated in the Board of Directors Circular Letter Number
Association and prevailing laws and regulations. 17-DIR/CSC/07/2024 dated July 31, 2024 concerning
Communication of PT Bank Rakyat Indonesia (Persero) Tbk.
562 PT Bank Rakyat Indonesia (Persero) Tbk.
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General Meeting of Shareholders
GMS Implementation Stages
The stages of holding the 2025 GMS have met the provisions of POJK No. 15/POJK.04/2020 concerning the Plan and
Implementation of the General Meeting of Shareholders of a Public Company and/or POJK No. 16/POJK.04/2020 concerning
the Implementation of the General Meeting of Shareholders of a Publicly Listed Company Electronically as amended by OJK
Regulation No. 14 of 2025 concerning the Electronic Implementation of General Meetings of Shareholders, General Meetings of
Bondholders, and General Meetings of Sukuk Holders, as follows:
Announcement of Submission of GMS
Notification to OJK Announcement of GMS Summons of GMS
Summary of Minutes of Minutes
GMS
Submit notification The announcement The invitation to Announcement of The minutes of
to the Financial of the GMS shall the GMS shall be the summary of the the GMS must be
Services Authority be made no later carried out no later minutes of the GMS submitted to the
(OJK) no later than than 14 (fourteen) than 21 (twenty-one) shall be submitted to OJK no later than
5 (five) days before days before the days before the the OJK no later than 30 working days
the announcement GMS invitation GMS via the e-GMS 2 (two) days after after the GMS.
of the GMS. via the e-GMS provider’s website, the GMS, published
provider website, the Indonesia Stock through the website of
the Indonesia Stock Exchange website, the e-GMS provider,
Exchange website, and the website of the Indonesia Stock
and the Public the Public Company. Exchange website, the
Company website. website of the Public
Company.
Quorum Procedure
No. Agendas Attendance Quorum Quorum of Decision
1. Amendments to the Articles of Association that Attended by shareholders Approved by more than 2/3 (two
require the approval of the Minister who administers representing at least 2/3 (two thirds) thirds) of the total shares with voting
government affairs in the field of law and human rights, of the total number of shares with rights present at the GMS.
except for changes to the Articles of Association in valid voting rights.
order to extend the period of establishment of the
Company.
2 The transfer of assets constituting more than 50% Attended by shareholders Approved by more than 3/4 (three
(fifty percent) of total net assets in 1 (one) or more representing at least 3/4 (three quarters) of the total shares with
transactions, whether related to one another or not, quarters) of the total number of voting rights present at the GMS.
made collateral for debt assets constituting more than shares with valid voting rights.
50% (fifty percent) of the total net worth in 1 (one)
transaction or more, whether related to each other
or not, merger, consolidation, acquisition, separation,
application for bankruptcy, extension of term of
establishment, and dissolution of the Company.
3 Changes in rights to shares. Attended by at least 3/4 (three Approved by more than 3/4 (three
quarters) of the total number of quarters) of the shares with voting
shares in the classification of shares rights present at the GMS .
affected by the change in rights.
4 Outside of Agenda 1 to 3 above which required the Attended by Shareholders Approved by Shareholders
approval of the GMS. representing at least 1/2 (one half) of representing at least 1/2 (one half) of
the total number of shares with valid the total number of shares with voting
voting rights. rights present at the GMS.
PT Bank Rakyat Indonesia (Persero) Tbk. 563
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Corporate
Governance
No. Agendas Attendance Quorum Quorum of Decision
5 The agenda item requiring GMS approval was attended Attended by more than 1/2 (one Approved by more than 1/2 (one
only by Independent Shareholders. half) of the total shares with valid half) of the total shares with valid
voting rights owned by Independent voting rights owned by Independent
Shareholders. Shareholders.
GMS Procedures Attendance of Shareholders and Other
Parties at The GMS
The GMS procedures are as follows:
1. Shareholders or their proxies can access or download Shareholders, either individually or represented by a power
the GMS Rules of Procedure on the Company’s website. of attorney, are entitled to attend the GMS. Shareholders
2. The GMS Rules are read out before the GMS begins. who are entitled to attend the GMS are shareholders whose
3. Opportunities are given to Shareholders or their proxies names are recorded in the list of shareholders of the Public
present to submit questions/responses and/or proposals Company 1 (one) working day before the invitation to the
to each agenda of the GMS. GMS.
4. The Chairperson of the GMS or the party appointed by
the Chair of the GMS will answer or respond to questions BRI accommodates the practice of securing electronic
and/or opinions from the shareholders. voting in absentia at the General Meeting of Shareholders.
5. Voting is conducted after all questions and/or opinions For shareholders who cannot attend in person, the company
have been answered. Shareholders or their authorized allows them to attend the meeting and cast their votes
proxies can only cast votes. electronically through the KSEI System’s eASY facility. KSEI
6. The calculation and/or validation of votes in the GMS is provides the link, and the company informs shareholders
carried out by an Independent party namely a Notary through the Summons for the AGMS and the AGMS Rules
assisted by the Share Registrar appointed by the of Procedure. Shareholders can also grant the Attorney
Company. electronic power of attorney through eASY.KSEI application
or in writing addressed to the Company. The procedures
for Granting Power of Attorney for Attendance and Power
Efforts to Encourage Shareholders to of Attorney for Voting Rights are disclosed in the AGMS
Attend The GMS Summons document.
BRI encourages all Shareholders to attend and exercise their
rights and authorities in the GMS. The efforts are carried out GMS Voting Mechanisms
through:
1. Notifications and summons for the GMS are distributed Every 1 (one) share entitles the holder to cast 1 (one) vote.
promptly through the Company’s website, the Stock Before voting, the Chairperson of the GMS will explain
Exchange, and e-RUPS provider. the voting procedures for each agenda item for which
2. Presenting material from each meeting agenda as a Shareholder approval is requested. The voting procedures
reference for Shareholders. in the GMS are:
3. Open access for Shareholders to communicate with the 1. Shareholders or their proxies who are physically present
Company regarding the implementation of GMS through vote abstain or disagree by raising their hands and
the contacts available on the Company Website. submitting their voting cards at voting time.
4. Provide a proxy form for Shareholders or Shareholders’ 2. Shareholders or their proxies who are physically present
proxies to vote at the GMS which can be accessed and do not raise their hands are deemed to have
through the Company’s website and/or the Stock approved the proposed resolution of the agenda.
Exchange.
564 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
3. Shareholders or their proxies who are present electronically regarding each agenda to be decided by shareholders,
vote via e-voting (vote by poll) on eASY.KSEI and the minimum number of quorum resolutions for each
4. Shareholders or their proxies who cast abstentions are proposed agenda. Furthermore, the GMS Summary provides
deemed to have cast the same vote as the votes of the an explanation of the stages of GMS implementation, the
majority of shareholders who cast votes. basis for consideration of each GMS agenda that will receive
5. The chairman of the GMS will announce the voting shareholder approval, and the results of any questions and
results. answers and/or expressions of opinion.
6. Each shareholder can be represented at the GMS by
other holders or a third party with a power of attorney.
Members of the Board of Directors, members of the Implementation of The 2025 Annual GMS
Board of Commissioners, Secretary to the Board of and Its Realization
Commissioners and Employees of the Company may act
as proxies at the GMS, but are prohibited from acting as The Annual GMS was held on March 24, 2025 in accordance
proxies in voting. with OJK Regulation No. 15/POJK.04/2020 concerning
the Plan and Implementation of the General Meeting of
Shareholders of a Public Company and/or POJK Regulation
GMS Voting Involving Independent No. 14 Year 2025 concerning the Implementation of General
Parties Meetings of Shareholders, General Meetings of Bondholders,
and General Meetings of Sukuk Holders Electronically, with
In holding the GMS, BRI not only invites shareholders but also the following stages:
always involves independent parties, especially in voting 1. Notified the Chairman of the Financial Services Authority
and counting votes, namely Notary Fathiah Helmi S.H and about the planned meeting through Letter Number R.219-
PT Datindo Entrycom. DIR/CSC/01/2025 dated January 21, 2025.
2. Published the Meeting Announcement for Shareholders
on the websites of PT Kustodian Sentral Efek Indonesia,
Process of Organizing GMS and Voting PT Bursa Efek Indonesia, and the Company on January
31, 2025.
The quorum provisions, voting procedures, and rules of the 3. Published the Meeting Invitation for Shareholders on the
Meeting are disclosed before the GMS begins. Voting can be Company’s website, PT Bursa Efek Indonesia, and PT
conducted electronically. The decision-making mechanism Kustodian Sentral Efek Indonesia on February 28, 2025.
is first by providing an explanation
Date Agenda Description
January 21, 2025 Notification of the Annual General Notification to the OJK of the AGMS was made less than 5 (five) working
Meeting of Shareholders (AGMS) to the days before the AGMS announcement.
Financial Services Authority (OJK)
January 31, 2025 Announcement of the Annual General The AGMS announcement was made 14 (fourteen) days before the AGMS
Meeting of Shareholders invitation date and was published on the websites of PT Bursa Efek
Indonesia, PT Kustodian Sentral Efek Indonesia, and the Company in both
Indonesian and English.
February 28, 2025 Invitation to the Annual General Meeting The AGMS invitation was issued 21 (twenty-one) days before the AGMS and
of Shareholders was published on the websites of PT Bursa Efek Indonesia, PT Kustodian
Sentral Efek Indonesia, and the Company in both Indonesian and English
March 24, 2025 Annual General Meeting of Shareholders
March 25, 2025 Announcement of the Summary of the The Summary of the AGMS (including voting results) Resolutions was
AGMS Resolutions submitted to OJK 1 (one) working day after the AGMS and was published
on the websites of PT Bursa Efek Indonesia, PT Kustodian Sentral Efek
Indonesia, and the Company on March 4, 2024. This was earlier than the
requirement under OJK Regulation No. 15/POJK.04/2020, which stipulates
that the Summary of the AGMS Resolutions must be announced no later
than 2 (two) working days after the AGMS is held.
April 23, 2025 Submission of the Meeting Minutes The AGMS Minutes were submitted to OJK within 30 (thirty) days after the
AGMS.
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Agenda Items
Approval of the Annual Report and Ratification of the Company’s Consolidated Financial Statements, Approval of the Board
of Commissioners’ Supervisory Report, and Ratification of the Financial Statements for the Micro and Small Business Funding
First Program for the 2024 Fiscal Year, along with the granting of full release and discharge (volledig acquit et de charge) to the
Board of Directors for their management actions and to the Board of Commissioners for their supervisory actions carried out
during the 2024 fiscal year.
Second Determination of the Allocation of the Company’s Net Profit for the 2024 Fiscal Year.
Determination of Salary/Honorarium along with Facilities and Allowances for the 2025 Fiscal Year, as well as Tantiem/
Third Performance Incentives/Special Incentives for Performance in Fiscal Year 2024 and/or Long-Term Incentives for the 2025–
2027 Period, for the Company’s Board of Directors and Board of Commissioners.
Appointment of a Public Accountant and/or Public Accounting Firm to Audit the Company’s Consolidated Financial Statements
for the 2025 Fiscal Year, as well as the Financial Statements and Implementation Report of the Micro and Small Business
Fourth Funding Program for 2025.Tahun Buku 2025 serta Laporan Keuangan Program Pendanaan Usaha Mikro dan Usaha Kecil
untuk Tahun Buku 2025
Fifth Report on the Realization of the Use of Funds from Bank BRI’s Sustainable Environmental Bonds I Phase III in 2024.
Sixth Approval of BRI’s Recovery Action Plan Update
Seventh Establishment of the Write-Off Limit for Principal Bad Debts that Have Been Written Off.
Approval of the Company’s Share Buyback Plan and the Transfer of Shares Proceedings from the Buyback, which are Retained
Eighth as the Company’s Treasury Stock.
Nineth Amendments to the Company’s Articles of Association
Tenth Changes in the Composition of the Company’s Management.
Annual GMS Attendance Recapitulation 2025
The attendance of the Board of Commissioners and Board of Directors at the 2025 Annual GMS are as follows:
No. Name Position Attendance
1. Kartika Wirjoatmodjo President Commissioner Present
2. Rofikoh Rokhim Deputy Main Commissioner/Independent Commissioner Present
3. Rabin Indrajad Hattari Commissioner Present
4. Awan Nurmawan Nuh Commissioner Present
5. Dwi Ria Latifa Independent Commissioner Present
6. Heri Sunaryadi Independent Commissioner Present
7. Paripurna Poerwoko Sugarda Independent Commissioner Present
8. Nurmaria Sarosa Independent Commissioner Present
9. Agus Riswanto Independent Commissioner Present
10. Haryo Baskoro Wicaksono Independent Commissioner Present
11. Sunarso President Director Present
12. Catur Budi Harto Vice President Director Present
13. Handayani Director of Consumer Business Present
14. Supari Director of Micro Business Present
15. Ahmad Solichin Lutfiyanto Director of Compliance Present
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No. Name Position Attendance
16. Agus Noorsanto Director of Wholesale and Institutional Business Present
17. Agus Sudiarto Director of Risk Management Present
18. Agus Winardono Director of Human Capital Present
19. Amam Sukriyanto Director of Commercial, Small and Medium Business Present
20. Viviana Dyah Ayu Retno Kumalasari Director of Finance Present
21. Arga Mahanana Nugraha Director of Digital and Information Technology Present
22. Andrijanto Director of Retail Funding and Distribution Present
Independent Vote Counting Party
Vote counting as a basis for making decisions at the 2025 Annual GMS was carried out by PT Datindo Entrycom as the Securities
Administration Bureau. Next, the validation was carried out by Fathiah Helmi, SH., Notary in Jakarta.
Opportunity to Submit Statements/Opinions and Voting
The Shareholders or their proxies were given the opportunity to ask questions and/or express opinions in each Agenda Item of
the Meeting. The number of Shareholders or their proxies, whether attending physically and/or electronically, who submitted
questions and/ or opinions during the Meeting, as well as the results of the decision-making process through voting, including
e-Proxy votes via eASY. KSEI, are as follows.
Questions and/or
Agendas In Favor Against Abstain
Responses
First 126,019,760,412 votes or 626,747,902 votes or 0.490% 1,360,905,288 votes or 1 (one)
98.448% of all shares with of all shares with valid voting 1.063% of all shares with valid
valid voting rights present at rights present at the Meeting voting rights present at the
the Meeting Meeting
Second 126,940,389,244 votes or 637,086 votes or 0.0005 % 1,066,387,272 votes or None
99.166% of all shares with of all shares with valid voting 0.833%% of all shares with
valid voting rights present at rights present at the Meeting valid voting rights present at
the Meeting the Meeting
Third 116,373,646,740 Votes or 10,452,960,911 votes or 1,180,805,951 votes or None
90.912% of all shares with 8.166%% of all shares with 0.922%% of all shares with
valid voting rights present at valid voting rights present at valid voting rights present at
the Meeting the Meeting the Meeting
Fourth 126,770,833,418 votes or 170,267,712 votes or 0.133% 1,066,312,472 votes or 1 (one)
99.034% of all shares with of all shares with valid voting 0.833% of all shares with
valid voting rights present at rights present at the Meeting valid voting rights present at
the Meeting the Meeting
Fifth This Agenda was a report, Therefore. the Company did not vote for decision making at the None
meeting,
Sixth 126,181,457,441 votes or 720,853,186 votes or 0.563% 1,105,102,975 votes or 0.863% 1 (one)
98.573% of all shares with of all shares with valid voting of all shares with valid voting
valid voting rights present at rights present at the Meeting rights present at the Meeting
the Meeting
Seventh 117,323,087,868 votes or 9,475,856,128 votes or 1,208,469,606 votes or 5 (five)
91.653% of all shares with 7.402% of all shares with valid 0.944% of all shares with
valid voting rights present at voting rights present at the valid voting rights present at
the Meeting Meeting the Meeting
Eighth 124,692,885,393 votes or 2,163,167,600 votes or 1.690% 1,151,360,609 votes or 0.890% None
97.410% of all shares with of all shares with valid voting of all shares with valid voting
valid voting rights present at rights present at the Meeting rights present at the Meeting
the Meeting
PT Bank Rakyat Indonesia (Persero) Tbk. 567
Page 568
Corporate
Governance
Questions and/or
Agendas In Favor Against Abstain
Responses
Nineth 114,856,517,283 votes or 12,021,347,086 votes or 1,129,549,233 votes or None
89.726% of all shares with 9.391% of all shares with valid 0.882% of all shares with
valid voting rights present at voting rights present at the valid voting rights present at
the Meeting Meeting the Meeting
Tenth 90,577,135,682 votes or 35,866,185,989 votes or 1,564,091,931 votes or 1.221% 1 (one)
70.760% of all shares with 28.019% of all shares with of all shares with valid voting
valid voting rights present at valid voting rights present at rights present at the Meeting
the Meeting the Meeting
Annual GMS Resolution and Realization 2025
Reason for Not
Resolutions Realization in 2025
Realized yet
AGENDA OF THE FIRST MEETING 1. The Annual Report, including the Completely Realized
Consolidated Financial Statements for
Decision the fiscal year ending December 31,
1. Approved the Company’s Annual Report, including the 2024, was published on February 28,
Supervisory Report of the Board of Commissioners for the 2025
Fiscal Year 2024, which ended on December 31, 2024. 2. The GMS has approved the Annual
2. Ratified: Report, including the Supervisory Report
a. The Company’s Financial Statements for the Fiscal Year of the Board of Commissioners for the
2024, which ended on December 31, 2024, as audited by fiscal year ending December 31, 2024
the Public Accounting Firm Purwantono, Sungkoro & Surja 3. The GMS has approved the Financial
(a member firm of Ernst & Young Global), in accordance Statements of the Micro and Small
with Report Number 00045/2.1032/AU.1/07/1681-5/1/ Business Funding Program for the fiscal
II/2025 dated February 12, 2025, with an unqualified year ending December 31, 2024
opinion in all material respects; and 4. The GMS has granted full release and
b. The Financial Statements of the Micro and Small Business discharge of responsibilities (Volledig
Funding Program for the Fiscal Year 2024, which ended on acquit et decharge) to the Board of
December 31, 2024, as audited by the Public Accounting Directors for management actions and
Firm Purwantono, Sungkoro & Surja (a member firm of to the Board of Commissioners for
Ernst & Young Global), in accordance with Report Number supervisory actions carried out during
00114/2.1032/AU.2/10/1681-5/1/III/2025 dated March 3, the fiscal year ending December 31, 2024
2025, with an unqualified opinion in all material respects.
3. With the approval of the Company’s Annual Report, including
the Supervisory Report of the Board of Commissioners, and
the ratification of the Company’s Financial Statements and
the Financial Statements of the Micro and Small Business
Funding Program (PUMK), all for the Fiscal Year 2024,
which ended on December 31, 2024, the General Meeting
of Shareholders (GMS) grants full release and discharge of
responsibilities (volledig acquit et de charge) to all members
of the Board of Directors for the management actions of the
Company and to all members of the Board of Commissioners
for the supervisory actions of the Company carried out during
the Fiscal Year 2024, which ended on December 31, 2024,
provided that such actions are not classified as criminal
offenses and are reflected in the mentioned reports.
568 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 569
Annual Report
2025
Reason for Not
Resolutions Realization in 2025
Realized yet
AGENDA OF THE SECOND MEETING All dividends (including interim dividends) Completely Realized
were paid by the Company
Decision
Approved the use of the Company’s consolidated net profit
attributable to the owners of the parent entity for the Fiscal Year
2024, amounting to IDR60,154,886,928,260.40 (sixty trillion one
hundred fifty-four billion eight hundred eighty-six million nine
hundred twenty-eight thousand two hundred sixty rupiah and
forty cents) as follows:
1. A maximum of IDR51,735,546,701,013.60 (fifty-one trillion
seven hundred thirty-five billion five hundred forty-six million
seven hundred one thousand thirteen rupiah and sixty cents)
or IDR343.40 (three hundred forty-three rupiah and forty
cents) per share was determined as cash dividends. This
amount included interim dividends distributed to Shareholders
on January 15, 2025 amounting to IDR20,337,631,646,040
(twenty trillion three hundred thirty-seven billion six hundred
thirty-one million six hundred forty-six thousand and forty
rupiah) or IDR135 (one hundred thirty-five rupiah) per share.
Thus, the remaining amount of cash dividends to be paid to
Shareholders was a maximum of IDR31,397,915,054,973.60
(thirty-one trillion three hundred ninety-seven billion nine
hundred fifteen million fifty-four thousand nine hundred
seventy-three rupiah and sixty cents) or IDR208.40 (two
hundred eight rupiah and forty cents) per share. The payment
was made with the following provisions:
a. The dividend portion of the Republic of Indonesia was
IDR27,681,809,459,218.40 (twenty-seven trillion six
hundred eighty-one billion eight hundred nine million
four hundred fifty-nine thousand two hundred eighteen
rupiah and forty cents) including the interim dividend
distributed to the Republic of Indonesia on January 15,
2025 amounting to IDR10,883,867,053,320,- (ten trillion
eight hundred eighty-three billion eight hundred sixty-
seven million fifty-three thousand three hundred twenty
rupiah). Thus, the remaining amount of cash dividends to
be paid was IDR16,797,942,405,898.40,- (sixteen trillion
seven hundred ninety-seven billion nine hundred forty-
two million four hundred five thousand eight hundred
ninety-eight rupiah and forty cents). The remaining cash
dividends were paid to an account designated by the
Minister of State-Owned Enterprises.
b. The Dividend for Fiscal Year 2024 is proportionally
distributed to each Shareholder whose name is recorded
in the Shareholders’ Register on the recording date.
c. The Board of Directors is authorized and empowered,
with the right of substitution, to:
I. Determine the schedule and procedures related
to the Dividend Payment for Fiscal Year 2024 in
accordance with applicable regulations.
II. Deduct Dividend Tax in accordance with applicable
tax regulations.
III. Handle other technical matters as required under
applicable regulations.
2. A minimum of IDR8,419,340,227,246.80 (eight trillion four
hundred nineteen billion three hundred forty million two
hundred twenty-seven thousand two hundred forty-six rupiah
and eighty cents) shall be used as retained earnings.
PT Bank Rakyat Indonesia (Persero) Tbk. 569
Page 570
Corporate
Governance
Reason for Not
Resolutions Realization in 2025
Realized yet
THIRD MEETING AGENDA The determination of the income of the Board Completely Realized
of Directors and the Board of Commissioners
Decision has been carried out in accordance with the
Approving the granting of authority and power to the Series A decisions of the Annual GMS and applicable
Dwiwarna Shareholder to determine for the Members of the Board laws and regulations.
of Commissioners:
a. Tantiem/Performance Incentives/Special Incentives for the
2024 Financial Year and/or Long-Term Incentives for the
2025-2027 Financial Years, in accordance with applicable
regulations; and
b. Honorarium, Facilities, and Allowances for the 2025 Financial
Year
Approving the granting of authority and power to the Board of
Commissioners, with prior written approval from the Series A
Dwiwarna Shareholder, to determine for the Board of Directors:
a. Tantiem/Performance Incentives/Special Incentives for the
2024 Financial Year and/or Long-Term Incentives for the
2025-2027 Financial Years, in accordance with applicable
regulations; and
b. Salary, Allowances, and Facilities for the 2025 Financial Year.
FOURTH MEETING AGENDA 1. The Board of Commissioners has Completely Realized
appointed and determined the audit
Decision service fees and other terms for
1. Approving the appointment of Purwantono, Sungkoro & Purwantono, Sungkoro & Surja (a member
Surja (a member firm of Ernst & Young Global) as the Public firm of Ernst & Young Global Limited)
Accounting Firm to audit the Company’s Consolidated Financial to audit the Company’s Consolidated
Statements, Financial Statements and Implementation of the Financial Statement, Financial Reports of
Micro and Small Business Funding Program, as well as other the Micro and Small Enterprise Funding
reports for the 2025 Financial Year; Program (PUMK), and other Reports for
2. Approving the granting of authority and power to the the 2025 Fiscal Year.
Company’s Board of Commissioners to: 2. In this case, the Public Accounting Firm
a. Appoint a Public Accountant and/or Public Accounting Purwantono, Sungkoro & Surja changed
Firm to audit the Company’s Consolidated Financial its name to KAP Purwanto Susanti &
Statements for other periods in the 2025 Financial Year Surja. The name change did not alter
for the Company’s purposes and interests; and the entity’s form, structure, engagement
b. Determine the audit service fees and other terms for the team members, or the terms of the
Public Accountant and/or Public Accounting Firm, as existing agreement. Therefore, KAP
well as appoint a Replacement Public Accountant and/ Purwanto Susanti & Surja was the KAP
or Public Accounting Firm in the event that Purwantono, approved by the GMS.
Sungkoro & Surja (a member firm of Ernst & Young Global)
is unable, for any reason, to complete the audit services
for the Company’s Consolidated Financial Statements
and/or other periods in the 2025 Financial Year, as well
as the Financial Statements and Implementation of
the Micro and Small Business Funding Program for the
2025 Financial Year, including determining the audit
service fees and other terms for the Replacement Public
Accountant and/or Public Accounting Firm.
FIFTH MEETING AGENDA The GMS received the report on the Completely Realized
Realization of the Use of Proceeds from the
Decision Public Offering of Sustainable Environmental
This agenda item is for reporting purposes only. Therefore, the Bonds I Phase I of 2022 and the Limited Public
Company did not conduct voting for decision-making. Offering.
SIXTH MEETING AGENDA 1. The Recovery Action Plan has been Completely Realized
approved by the Financial Services
Decision Authority (OJK) through OJK Letter
1. Approved the Update of the Recovery Action Plan in No. SR-7/PB.2/2025 concerning the
accordance with Financial Services Authority Regulation Recovery Action Plan of PT Bank Rakyat
Number 5 of 2024 concerning the Determination of Indonesia (Persero) Tbk for 2024-2025.
Supervisory Status and Handling of Commercial Bank 2. The Company has conducted regular
Problems, as submitted by the Company to the Financial monitoring of the Recovery Action Plan.
Services Authority; During 2025, no trigger levels for the
2. In line with decision number 1, the Board of Commissioners Recovery Action Plan were exceeded.
and Board of Directors shall take any and all necessary actions
related to the implementation of the Company’s Recovery
Action Plan, in accordance with their respective authorities.
570 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 571
Annual Report
2025
Reason for Not
Resolutions Realization in 2025
Realized yet
SEVENTH MEETING AGENDA 1. The implementation of the write-off of Not Realized yet
principal receivables was guided by
Decision Government Regulation (PP) Number
Approved the write-off limit for bad debts of IDR15,500,000,000,000 47 of 2024 concerning the Write-Off of
(fifteen trillion five hundred billion Rupiah) with the following Bad Debts for Micro, Small, and Medium
provisions: Enterprises, effective as of November 5,
1. The bad debts have been written off, both before and after 2024.
this GMS resolution. 2. Government Regulation (PP) Number 47
2. The write-off limit will remain in effect until a new limit is of 2024 was valid for a period of 6 (six)
determined by the GMS. months from the enactment of this PP
3. The write-off will be conducted based on the Company’s (ended on May 5, 2025).
Articles of Association, and its implementation will be in
accordance with the Company’s Policies and Procedures,
taking into account the provisions of laws and regulations.
EIGHTH MEETING AGENDA 1. The Company conducted a buyback. 1. P a r t i a l l y
2. The Buyback Reports for the June and implemented.
Decision December 2025 periods were submitted 2. The transfer of
1. Approved the buyback of the Company’s shares issued and to the Financial Services Authority (OJK). shares from the
listed on the Indonesia Stock Exchange (IDX) in a maximum 3. The transfer of shares from the buyback buyback will be
amount of IDR 3,000,000,000,000 (three trillion Rupiah), will be implemented after the buyback implemented after
excluding costs related to the share buyback, subject to is completed, and will be guided by the buyback is
licensing and statutory provisions. Information Disclosure, GMS resolutions, completed, and
2. Approved the transfer of the shares from the buyback, held and OJK Regulations. will be guided
as treasury stock, for the implementation of the Employee by Information
Stock Ownership Program and/or for Directors and Board of Disclosure, GMS
Commissioners who meet the requirements to own Company resolutions, and OJK
shares, and/or for other transfers in accordance with the Regulations.
approval of the Financial Services Authority and statutory
provisions.
3. Granted the power and authority to implement the Company’s
share buyback, including the termination of its implementation,
to the Company’s Board of Directors, while still observing the
provisions of laws and regulations.
4. Approved the granting of power and authority to implement
the transfer of shares from the buyback held as treasury stock
to:
a. The Company’s Board of Directors for the Employee
Stock Ownership Program and/or other transfers in line
with the approval of the Financial Services Authority;
b. The Company’s Board of Directors, subject to the
approval of the Series A Dwiwarna Shareholder for the
Board of Directors’ and/or Board of Commissioners’
Stock Ownership Program.
while paying attention to the provisions of laws and regulations.
NINETH MEETING AGENDA The Company amended its Articles of Completely Realized
Association as stipulated in Deed Number 15
Decision dated April 22, 2025, and received Notification
1. Approving the amendments to the Company’s Articles of Amendments to the Articles of Association
of Association to align with Financial Services Authority from the Minister of Law of the Republic of
Regulation Number 17 of 2023 dated September 14, 2023 Indonesia, as stipulated in Number AHU-
concerning the Implementation of Governance for Commercial AH.01.03-0126510 dated May 8, 2025.
Banks
2. Approved the restructuring of all provisions in the Company’s
Articles of Association in accordance with the amendments
mentioned in point 1, as attached to the minutes of the notarial
deed.
3. Granted authority and power to the Board of Directors, with
substitution rights, to take all necessary actions related to
the Meeting’s decision, including but not limited to drafting
and restating the entire Articles of Association in a Notarial
Deed, adjusting the amendments if required by the relevant
authorities, submitting the amendments for approval and
acknowledgment from the relevant authorities, and taking any
necessary actions for this purpose without exception.
PT Bank Rakyat Indonesia (Persero) Tbk. 571
Page 572
Corporate
Governance
Reason for Not
Resolutions Realization in 2025
Realized yet
TENTH MEETING AGENDA 1. The Board of Directors and Board of Completely Realized
Commissioners appointed at the Annual
Decision GMS and remaining in office until the
1. a. Honorably dismissing the following individuals from their end of 2025 conducted and received
positions as Board of Commissioners: approval for a Fit and Proper Test from
1) President Commisioner : Mr. Kartika Wirjoatmodjo the Financial Services Authority (OJK).
2) Commissioner: Mr. Rabin Indrajad Hattari 2. The updated company management
3) Independent Commissioner: Mrs. Dwi Ria Latifa structure has been documented in Deed
Each was appointed based on the resolutions of the No. 1, dated January 5, 2026, concerning
Annual General Meeting of Shareholders (AGMS) in 2019 Annual GMS decision of PT Bank Rakyat
dated February 18, with gratitude for their contributions Indonesia (Persero) Tbk.
of effort and thought during their tenure as Board of
Commissioners.
b. All actions of the members of the Board of Commissioners
as referred to in point 1 letter a, in their capacity as such
from the date of the expiration of their term of office until
the date of the closing of this GMS, are declared valid
insofar as such actions are reflected in the annual report
and annual financial statements with due regard to the
applicable regulations.
2. Honorably dismissing the following individuals from their
positions as Company Management:
1) President Director : Mr. Sunarso
2) Vice President Director : Mr. Catur Budi Harto
3) Director of Consumer Business : Mrs. Handayani
4) Director of Micro Business : Mr. Supari
5) Director of Commercial, Small and Medium Business :
Mr. Amam Sukriyanto
6) Director of Digital and Information Technology : Mr. Arga
Mahanana Nugraha
7) Director of Human Capital : Mr. Agus Winardono
8) Director of Risk Management : Mr. Agus Sudiarto
9) Director of Retail Funding and Distribution : Mr. Andrijanto
10) Director of Finance : Mrs. Viviana Dyah Ayu Retno
Kumalasari
11) Vice President Commissioner/Independent
Commissioner : Mrs. Rofikoh Rokhim
12) Independent Commissioner : Mr. Paripurna Poerwoko
Sugarda
13) Independent Commissioner : Mrs. Nurmaria Sarosa
14) Independent Commissioner : Mr. Haryo Baskoro
Wicaksono
15) Independent Commissioner : Mr. Agus Riswanto
16) Independent Commissioner : Mr. Heri Sunaryadi
Appointed respectively based on the Resolution of the
Annual GMS for the 2022 Fiscal Year dated March 13, 2023,
Resolution of the Annual GMS for the 2023 Fiscal Year dated
March 1, 2024, Resolution of the Annual GMS for the 2021
Fiscal Year dated March 1, 2022, Resolution of the Annual
GMS for the 2022 Fiscal Year, Resolution of the Annual GMS
for the 2022 Fiscal Year dated March 13, 2023, Resolution
of the Extraordinary GMS for the 2021 Fiscal Year dated
January 21, 2021, Resolution of the Extraordinary GMS for
the 2021 Fiscal Year dated January 21, 2021, Resolution of
the Extraordinary GMS for the 2021 Fiscal Year dated January
21, 2021, Resolution of the Annual GMS for the 2023 Fiscal
Year dated March 1, 2024, Resolution of the Annual GMS for
the 2023 Fiscal Year dated March 1, 2024, Resolution of the
Annual GMS for the 2021 Fiscal Year dated March 1, 2022,
Resolution of the Annual GMS for the 2021 Fiscal Year dated
March 1, 2022, Resolution of the Annual GMS for the 2021
Fiscal Year dated March 1, 2022, Resolution of the Annual
GMS for the 2021 Fiscal Year dated March 1, 2022, Resolution
of the Annual GMS for the 2023 Fiscal Year dated March 1,
2024, Resolution of the Annual GMS for the 2021 Fiscal Year
dated March 1, 2022, Resolution of the Extraordinary GMS for
the 2021 Fiscal Year dated October 7, 2021. Their dismissal is
effective from the closing of the Meeting, with gratitude for
their contributions of effort and thought during their tenure as
Company Management.
572 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 573
Annual Report
2025
Reason for Not
Resolutions Realization in 2025
Realized yet
3. Changing the nomenclature of the positions of the Company’s
Board of Directors as follows:
1) Previously Director of Compliance, changed to Director of
Human Capital & Compliance.
2) Previously Director of Human Capital, changed to Director
of Human Capital & Compliance.
3) Previously Director of Consumer Business, changed to
Director of Consumer Banking.
4) Previously Director of Wholesale and Institutional
Business, changed to Director of Corporate Banking.
5) Previously Director of Micro Business, changed to
Director of Micro.
6) Previously Director of Finance, changed to Director of
Finance & Strategy.
7) Previously Director of Digital and Information Technology,
changed to Director of Information Technology.
8) Previously Director of Commercial, Small, and Medium
Business, changed to Director of Commercial Banking.
9) Previously Director of Retail Funding and Distribution,
changed to Director of Network and Retail Funding.
10) Addition of a new director position nomenclature, namely,
Director of Treasury and International Banking.
11) Addition of a new director position nomenclature, namely
Director of Operations.
4. Reassigning the following individuals as members of the
Company’s Board of Directors:
1) Mr. Agus Noorsanto previously served as Director of
Wholesale and Institutional Business and was promoted
to Vice President-Director.
2) Mr. Ahmad Solichin Lutfiyanto previously served as
Director of Compliance and changed to Director of
Human Capital & Compliance.
5. Appointing the following individuals as members of the
Company’s Management:
1) President Director : Mr. Hery Gunardi
2) Director of Operations : Mr. Hakim Putratama
3) Director of Corporate Banking : Mr. Riko Tasmaya
4) Director of Network and Retail Funding : Mr. Aquarius
Rudianto
5) Director of Treasury and International Banking : Mrs.
Farida Thamrin
6) Director of Micro : Mr. Akhmad Purwakajaya
7) Director of Commercial Banking : Mr. Alexander Dippo
Paris Y. S.
8) Director of Consumer Banking : Mrs. Nancy Adistyasari
9) Director of Finance & Strategy : Mrs. Viviana Dyah Ayu
Retno Kumalasari
10) Director of Risk Management : Mr. Mucharom
11) Director of Information Technology: Mr. Saladin Dharma
Nugraha Effendi
12) President Commissioner : Mr. Kartika Wirjoatmodjo
13) Vice President Commissioner/Independent Commissioner
: Mr. Parman Nataatmadja
14) Commissioner : Mr. Helvi Yuni Moraza
15) Independent Commissioner : Mr. Edi Susianto
16) Independent Commissioner : Mr. Lukmanul Khakim
6. The term of office of the members of the Board of Directors
and Board of Commissioners appointed as referred to in point
5, is in accordance with the provisions of the Company’s
Articles of Association, taking into account the laws and
regulations in the Capital Market sector and without reducing
the right of the GMS to dismiss at any time.
7. With the dismissal, change in job nomenclature, transfer of
duties, and appointment of the Company’s Management as
referred to in number 1, number 2, number 3, number 4, and
number 5, the composition of the Company’s Management is
as follows:
Board of Directors
1) President Director : Mr. Hery Gunardi*
2) Vice President Director : Mr. Agus Noorsanto*
PT Bank Rakyat Indonesia (Persero) Tbk. 573
Page 574
Corporate
Governance
Reason for Not
Resolutions Realization in 2025
Realized yet
3) Director of Human Capital & Compliance : Mr. Ahmad
Solichin Lutfiyanto
4) Director of Operations : Mr. Hakim Putratama*
5) Director of Corporate Banking : Mr. Riko Tasmaya*
6) Director of Network and Retail Funding: Mr. Aquarius
Rudianto*
7) Director of Treasury and International Banking : Mrs.
Farida Thamrin*
8) Director of Micro : Mr. Akhmad Purwakajaya*
9) Director of Commercial Banking : Mr. Alexander Dippo
Paris Y S*
10) Director of Consumer Banking : Mrs. Nancy Adistyasari*
11) Director of Finance & Strategy : Mrs. Viviana Dyah Ayu
Retno Kumalasari
12) Director of Risk Mangement : Mr. Mucharom*
13) Director of Information Technology : Mr. Saladin Dharma
Nugraha Effendi*
Boards of Commissioners
1) President Commissioner : Mr. Kartika Wirjoatmodjo
2) Vice President Commissioner/Independent Commissioner
: Mr. Parman Nataatmadja*
3) Commissioner : Mr. Awan Nurmawan Nuh
4) Commissioner : Mr. Helvi Yuni Moraza*
5) Independent Commissioner : Mr. Edi Susianto*
6) Independent Commissioner : Mr. Lukmanul Khakim*
Note:
*The appointed Board of Directors and Commissioners member can
only perform duties and functions after obtaining approval from the
Financial Services Authority (OJK) for the Fit & Proper Test.
8. Requesting the Board of Directors to submit a written
application to the Financial Services Authority for the
implementation of the Fit & Proper Test assessment of
the members of the Board of Directors and the Board of
Commissioners appointed as referred to in point 5, with due
regard to the prevailing regulations.
9. Board of Directors and Board of Commissioners members
appointed as referred to in point 5 who still hold other positions
prohibited by law from being concurrently held with a position
in the Board of Directors or Board of Commissioners of a
State-Owned Enterprise must resign or be dismissed from
their current position.
10. Authority and power, with substitution rights, are granted to
the Company’s Board of Directors to formalize the resolutions
of this Meeting in the form of a Notarial Deed and to appear
before a Notary or relevant official, making necessary
adjustments or corrections if required by the authorities, to
facilitate the implementation of this Meeting’s resolutions.
Extraordinary GMS Implementation and its Realization 2025
The Extraordinary GMS was held on December 17, 2025, in accordance with POJK No. 15/POJK.04/2020 concerning Plans
and Implementation of General Meeting of Shareholders of Public Companies and/or POJK No. 14 Year 2025 concerning
Implementation of Electronic General Meetings of Shareholders, General Meetings of Bondholders, and General Meetings of
Sukuk Holders, with the following stages:
1. Notifying the plan to hold the Meeting to the Chairman of the Financial Services Authority with Letter Number R.3890-DIR/
CSC/CSM/11/2025 dated November 3, 2025.
2. Contains the publication of the Invitation to the Meeting to Shareholders through the websites of PT Kustodian Sentral Efek
Indonesia, PT Bursa Efek Indonesia and the Company on November 10, 2025.
3. Contains the publication of the Invitation to the Meeting to Shareholders through the websites of the Company, PT Bursa
Efek Indonesia, and PT Kustodian Sentral Efek Indonesia on November 25, 2025.
Date Agenda Description
November 3, 2025 Extraordinary GMS Notification to OJK Notification of EGMS to OJK less than 5 (five) working days before
to the announcement of the GMS.
574 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 575
Annual Report
2025
Date Agenda Description
November 10, 2025 Extraordinary GMS Announcement Announcement of the EGMS 14 (fourteen) days prior to the date of
the summons for the EGMS and has been posted on the PT Bursa
Efek Indonesia website, PT Kustodian Sentra Efek Indonesia and the
Company in Indonesian and English.
November 25, 2025 Extraordinary GMS Invitation Invitation for the EGMS 21 (twenty one) days prior to the EGMS
and has been posted on the website of PT Bursa Efek Indonesia,
PT Kustodian Sentra Efek Indonesia and the Company’s website in
Indonesian and English.
December 17, 2025 Extraordinary GMS
December 18, 2025 Summary Minutes of Extraordinary GMS The announcement of the summary of the minutes of the EGMS had
Announcement been submitted to the OJK 1 (day) after the EGMS and published
on the websites of PT Bursa Efek Indonesia, PT Kustodian Sentra
Efek Indonesia and the Company and the Company’s website. Dated
December 18, 2025. This was faster than the provisions of POJK No.
15/POJK.04/2020, which stated that the summary of the minutes
of the AGM resolutions must be announced no later than 2 (two)
working days after the GMS is held.
January 15, 2026 Minutes of Meeting Submission The minutes of the GMS are submitted to the OJK approximately 30
(thirty) days after the AGMS.
Agenda Items
First Amendments to the Company’s Articles of Association
Second Delegation of Authority to Approve the 2026 Company Work Plan and Budget
Third Changes in the Composition of the Company’s Management.
Extraordinary GMS Attendance Recapitulation 2025
The attendance of the Board of Commissioners and Board of Directors at the 2025 Extraordinary GMS are as follows:
No. Name Position Attendance
1. Kartika Wirjoatmodjo President Commissioner/Commissioner Present
2. Parman Nataatmadja Vice President Commissioner/Independent Commissioner Present
3. Helvi Yuni Moraza Commissioner Present
4. Awan Nurmawan Nuh Commissioner Present
5. Edi Susianto Independent Commissioner Present
6. Lukmanul Khakim Independent Commissioner Present
7. Hery Gunardi President Director Present
8. Agus Noorsanto Vice President Director Present
9. Ahmad Solichin Lutfiyanto Director of Human Capital & Compliance Present
10. Hakim Putratama Director of Operations Present
11. Riko Adythia Director of Corporate Banking Present
12. Aquarius Rudianto Director of Network & Retail Funding Present
13. Farida Thamrin Director of Treasury & International Banking Present
14. Akhmad Purwakajaya Director of Micro Present
PT Bank Rakyat Indonesia (Persero) Tbk. 575
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Corporate
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No. Name Position Attendance
15. Alexander Dippo Paris Y.S Director of Commercial Banking Present
16. Nancy Adistyasari* Director of Consumer Banking Present
17. Viviana Dyah Ayu Retno Kumalasari Director of Finance & Strategy Present
18. Mucharom Director of Risk Management Present
19. Saladin Dharma Nugraha Effendi Director of Information Technology Present
Note:
*) Effective since March 13, 2026.
Independent Vote Counting Party
Vote counting, as a basis for decision-making at the 2025 Extraordinary GMS, was conducted by PT Datindo Entrycom, acting
as the Securities Administration Bureau. Next, the validation was carried out by Fathiah Helmi, SH., Notary in Jakarta.
Opportunity to Submit Statements/Opinions and Voting
The Shareholders or their proxies were given the opportunity to ask questions and/or express opinions in each Agenda Item of
the Meeting. The number of Shareholders or their proxies, whether attending physically and/or electronically, who submitted
questions and/ or opinions during the Meeting, as well as the results of the decision-making process through voting, including
e-Proxy votes via eASY. KSEI, are as follows.
Question/
Agendas In Favor Against Abstain
Opinion
First** 120,070,752,097 votes 6,972,083,689 votes or 1,387,404,406 votes or None
or 93.4910% of all shares 5.4286% of all shares with 1.0802% of all shares with
with valid voting rights valid voting rights present at valid voting rights present at
present at the Meeting the Meeting the Meeting
Second 118,873,158,043 votes 8,148,828,306 votes or 1,408,253,843 votes or 1 (one)
or 92.5585% of all shares 6.3449% of all shares with 1.0965% of all shares with
with valid voting rights valid voting rights present at valid voting rights present at
present at the Meeting the Meeting the Meeting
Third 90,391,451,713 Votes 36,626,415,657 votes or 1,412,372,822 votes or None
or 70.3817% of all shares 28.5185% of all shares with 1.0997% of all shares with
with valid voting rights valid voting rights present at valid voting rights present at
present at the Meeting the Meeting the Meeting
Notes:
*) In line with the Company’s Articles of Association and the OJK Regulation for the GMS, an abstention vote is considered to be the same as the majority vote of the
voting Shareholders. Therefore, based on the calculation system of the Indonesian Central Securities Depository (PT Kustodian Sentral Efek Indonesia) and the
Securities Administration Bureau, abstention votes are added to the number of affirmative votes.
**) The Series A Dwiwarna Shareholder, as the Shareholder affected by the change in the Preferential Rights of the Series A Dwiwarna Share, was present and gave his
approval at the Meeting, representing 1 (one) share, or 100% of the total number of shares in the affected share classification.
576 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 577
Annual Report
2025
Extraordinary GMS Resolution and Realization 2025
Reason for Not
Resolutions Realization in 2025
Realized yet
FIRST MEETING AGENDA The Company amended its Articles of Completely Realized
Association as stipulated in Deed Number
Decision 6 dated January 13, 2026, and has received
1. Approved amendments to the Company’s Articles of Notification of Amendments to the Articles
Association to align with applicable laws and regulations, of Association from the Minister of Law of
including (a) Law Number 19 of 2003 concerning State- the Republic of Indonesia, as stipulated in
Owned Enterprises, as last amended by Law Number 16 of Number AHU-AH.01.03-0038855 dated
2025 concerning the Fourth Amendment to Law Number January 13, 2026.
19 of 2003 concerning State-Owned Enterprises, including
amendments to Article 5 of the Company’s Articles of
Association concerning the adjustment of privileges to Series
A Dwiwarna Shares owned by the Republic of Indonesia,
and (b) Financial Services Authority Regulation No. 30 of
2024 concerning Financial Conglomerates and Financial
Conglomerate Holding Companies.
2. Approved the restructuring of all provisions in the Company’s
Articles of Association in accordance with the amendments
mentioned in point 1, as attached to the minutes of the notarial
deed.
3. Granted authority and power to the Board of Directors, with
substitution rights, to take all necessary actions related to
the Meeting’s decision, including but not limited to drafting
and restating the entire Articles of Association in a Notarial
Deed, adjusting the amendments if required by the relevant
authorities, submitting the amendments for approval and
acknowledgment from the relevant authorities, and taking any
necessary actions for this purpose without exception.
SECOND MEETING AGENDA The Company’s 2026 Work Plan and Budget Completely Realized
(RKAP) was approved.
Decision
The Board of Commissioners has been granted authority and
power, with prior written approval from the Series B Shareholder
with the largest number of Shareholders, to approve the Company’s
2026 Work Plan and Budget, including any amendments.
THIRD MEETING AGENDA 1. Changes to the Company’s Management Partially realized
have been communicated through the
Decision Summary of Minutes and Minutes of the
1. Honorably dismissing the following individuals from their GMS.
positions as Company Management: 2. The newly appointed Directors at the
1) Vice President Director : Agus Noorsanto GMS are still undergoing the Fit & Proper
2) Director of Human Capital & Compliance : Ahmad Solichin Test by the OJK.
Lutfiyanto
3) Director of Risk Management : Mucharom
4) Director of Consumer Banking : Nancy Adistyasari
Appointed respectively based on the Resolution of the Annual
GMS for the 2023 Fiscal Year dated March 1, 2024, Resolution
of the Annual GMS for the 2024 Fiscal Year dated March 24,
2025, Resolution of the Annual GMS for the 2022 Fiscal Year
dated March 13, 2025, Resolution of the Annual GMS for the
2024 Fiscal Year dated March 24, 2025, and Resolution of the
Annual GMS for the 2024 Fiscal Year dated March 24, 2025,
Their dismissal is effective from the closing of the Meeting,
with gratitude for their contributions of effort and thought
during their tenure as Company Management.
2. Changing the nomenclature of the positions of the Company’s
Board of Directors as follows:
1) Previously Director of Human Capital & Compliance,
changed to Director Legal & Compliance
PT Bank Rakyat Indonesia (Persero) Tbk. 577
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Corporate
Governance
Reason for Not
Resolutions Realization in 2025
Realized yet
3. Reassigning Mrs. Viviana Dyah Ayu Retno Kumalasari
previously serves as Director of Finance & Strategy chaged
to Vice President Director, appointed based on the Resolution
of the Annual GMS for the 2024 Fiscal Year dated March 24,
2025, with a term of office continuing the remaining term in
accordance with the relevant GMS appointment decision
4. Appointing the following individuals as members of the
Company’s Management:
1) Director of Finance & Strategy : Achmad Royadi
2) Director of Legal & Compliance : Mahdi Yusuf
3) Director of Risk Management : Ety Yuniarti
4) Director of Consumer Banking : Aris Hartanto
5. The term of office of the members of the Board of Directors
appointed as referred to in point 2 shall be no later than the
closing of the 5th (fifth) Annual GMS since the enactment
of this Resolution, with due observance of the laws and
regulations in the Capital Market sector and without prejudice
to the right of the GMS to dismiss them at any time.
6. ith the dismissal, change in position nomenclature, transfer
of duties, and appointment of the Company’s Management
as referred to in point 1, point 2, point 3, and point 4, the
composition of the Company’s Management becomes as
follows:
a. Board of Directors
1) President Director : Hery Gunardi
2) Vice President Director : Viviana Dyah Ayu Retno
Kumalasari*
3) Director of Legal & Compliance : Mahdi Yusuf*
4) Director of Operations : Hakim Putratama
5) Director of Corporate Banking: Riko Adythia
6) Director of Network and Retail Funding : Aquarius
Rudianto
7) Director of Treasury and International Banking :
Farida Thamrin
8) Director of Micro : Akhmad Purwakajaya
9) Director of Commercial Banking : Alexander Dippo
Paris Y.S
10) Director of Consumer Banking : Aris Hartanto*
11) Director of Finance & Strategy : Achmad Royadi*
12) Director of Risk Management : Ety Yuniarti*
13) Director of Information Technology : Saladin Dharma
Nugraha Effendi
b. Boards of Commissioners
1) President Commissioner : Kartika Wirjoatmodjo
2) Vice President Commissioner/Independent
Commissioner : Parman Nataatmadja
3) Commissioner : Helvi Yuni Moraza
4) Commissioner : Awan Nurmawan Nuh
5) Independent Commissioner : Edi Susianto
6) Independent Commissioner : Lukmanul Khakim
Notes :
*) Can only perform duties and functions after obtaining approval
from the Financial Services Authority (OJK) for the Fit & Proper
Test
7. Requesting the Board of Directors to submit a written
application to the Financial Services Authority for the
implementation of the Fit & Proper Test assessment of the
members of the Board of Directors appointed as referred to in
point 4, with due regard to the prevailing regulations.
8. Board of Directors appointed as referred to in point 4 who still
hold other positions prohibited by law from being concurrently
held with a position in the Board of Directors of a State-Owned
Enterprise must resign or be dismissed from their current
position.
9. Authority and power, with substitution rights, are granted to
the Company’s Board of Directors to formalize the resolutions
of this Meeting in the form of a Notarial Deed and to appear
before a Notary or relevant official, making necessary
adjustments or corrections if required by the authorities, to
facilitate the implementation of this Meeting’s resolutions.
578 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 579
Annual Report
2025
Implementation of The 2024 Annual GMS and Its Realization
The Annual GMS was held on March 1, 2024 in accordance with OJK Regulation No. 15/POJK.04/2020 concerning the Plan
and Implementation of the General Meeting of Shareholders of a Public Company and/or OJK Regulation No. 16/POJK.04/2020
concerning the Electronic Implementation of the General Meeting of Shareholders of Public Companies, with the following stages:
1. Notified the Chairman of the Financial Services Authority about the planned meeting through Letter Number R.53-DIR/
CSC/01/2024 dated January 12, 2024.
2. Published the Meeting Announcement for Shareholders on the websites of PT Kustodian Sentral Efek Indonesia, PT Bursa
Efek Indonesia, and the Company on January 23, 2024.
3. Published the Meeting Invitation for Shareholders on the Company’s website, PT Bursa Efek Indonesia, and PT Kustodian
Sentral Efek Indonesia on February 7, 2024.
Date Agenda Description
January 12, 2024 Notification of the Annual General Notification of the AGMS to OJK was made less than 5 (five) working days
Meeting of Shareholders (AGMS) to the before the AGMS announcement.
Financial Services Authority (OJK)
January 23, 2024 Announcement of the Annual General The AGMS announcement was made 14 (fourteen) days before the AGMS
Meeting of Shareholders invitation date and was published on the websites of PT Bursa Efek Indonesia,
PT Kustodian Sentral Efek Indonesia, and the Company in both Indonesian
and English.
February 7, 2024 Invitation to the Annual General Meeting The AGMS invitation was issued 21 (twenty-one) days before the AGMS and
of Shareholders was published on the websites of PT Bursa Efek Indonesia, PT Kustodian
Sentral Efek Indonesia, and the Company in both Indonesian and English
March 1, 2024 Annual General Meeting of Shareholders
March 4, 2024 Announcement of the Summary of the The Summary of the AGMS Resolutions was submitted to OJK 1 (one)
AGMS Resolutions working day after the AGMS and was published on the websites of PT Bursa
Efek Indonesia, PT Kustodian Sentral Efek Indonesia, and the Company on
March 4, 2024. This was earlier than the requirement under OJK Regulation
No. 15/POJK.04/2020, which stipulates that the Summary of the AGMS
Resolutions must be announced no later than 2 (two) working days after the
AGMS is held.
March 28, 2024 Submission of the Meeting Minutes The AGMS Minutes were submitted to OJK within 30 (thirty) days after the
AGMS.
Agenda Items
Approval of the Annual Report and Ratification of the Company’s Consolidated Financial Statements, Approval of the Board
of Commissioners’ Supervisory Report, and Ratification of the Financial Statements for the Micro and Small Business Funding
First Program for the 2023 Fiscal Year, along with the granting of full release and discharge (volledig acquit et de charge) to the
Board of Directors for their management actions and to the Board of Commissioners for their supervisory actions carried out
during the 2023 fiscal year.
Second Determination of the Allocation of the Company’s Net Profit for the 2023 Fiscal Year.
Determination of Remuneration (salary/honorarium, facilities, and benefits) for the 2024 Fiscal Year, as well as Bonuses
Third (Tantiem) for
Appointment of a Public Accountant and/or Public Accounting Firm to Audit the Company’s Consolidated Financial Statements
Fourth for the 2024 Fiscal Year, as well as the Financial Statements and Implementation Report of the Micro and Small Business
Funding Program for 2024.
Report on the Realization of the Use of Funds from Bank BRI’s Subordinated Bonds IV in 2023 and Bank BRI’s Sustainable
Fifth Environmental Bonds I Phase II in 2023.
Sixth Amendments to the Company’s Articles of Association.
Seventh Changes in the Composition of the Company’s Management.
PT Bank Rakyat Indonesia (Persero) Tbk. 579
Page 580
Corporate Governance Annual GMS Attendance Recapitulation 2024 The attendance of the Board of Commissioners and Board of Directors at the 2024 Annual GMS are as follows: No. Name Position Attendance 1. Kartika Wirjoatmodjo President Commissioner Present 2. Rofikoh Rokhim Deputy Main Commissioner/Independent Commissioner Present 3. Awan Nurmawan Nuh Commissioner Present 4. Rabin Indrajad Hattari Commissioner Present 5. Hendrikus Ivo Independent Commissioner Present 6. Dwi Ria Latifa Independent Commissioner Present 7. Heri Sunaryadi Independent Commissioner Present 8. Paripurna Poerwoko Sugarda Independent Commissioner Present 9. Nurmaria Sarosa Independent Commissioner Present 10. Agus Riswanto Independent Commissioner Present 11. Sunarso President Director Present 12. Catur Budi Harto Vice President Director Present 13. Handayani Director of Consumer Business Present 14. Supari Director of Micro Business Present 15. Ahmad Solichin Lutfiyanto Director of Compliance Present 16. Agus Noorsanto Director of Wholesale and Institutional Business Present 17. Agus Sudiarto Director of Risk Management Present 18. Agus Winardono Director of Human Capital Present 19. Amam Sukriyanto Director of Small and Medium Business Present 20. Viviana Dyah Ayu Retno Kumalasari Director of Finance Present 21. Arga Mahanana Nugraha Director of Digital and Information Technology Present 22. Andrijanto Director of Network and Services Present Independent Vote Counting Party Vote counting, the basis for decision-making at the 2024 AGMS, was conducted by PT Datindo Entrycom, acting as the Securities Administration Bureau. Next, the validation was carried out by Fathiah Helmi, SH., Notary in Jakarta. Opportunity to Submit Statements/Opinions and Voting The Shareholders or their proxies were given the opportunity to ask questions and/or express opinions in each Agenda Item of the Meeting. The number of Shareholders or their proxies, whether attending physically and/or electronically, who submitted questions and/ or opinions during the Meeting, as well as the results of the decision-making process through voting, including e-Proxy votes via eASY. KSEI, are as follows. 580 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 581
Annual Report
2025
Question/
Agendas In Favor Against Abstain
Opinion
First 135,227,759,694 votes or 1,832,504 votes or 991,108,963 votes or 0.727% 1 (one)
99.271% of all shares with 0.001% of all shares with of all shares with valid voting
valid voting rights present at valid voting rights present at rights present at the Meeting
the Meetin the Meeting
Second 135,798,149,713 votes or 0 votes or 0% of all shares 422,551,448 votes or 1 (one)
99.689% of all shares with with valid voting rights 0.310% of all shares with
valid voting rights present at present at the Meeting valid voting rights present at
the Meeting the Meeting
Third 123,387,944,660 votes or 12,410,143,153 votes or 422,613,348 votes or None
90.579% of all shares with 9.110% of all shares with 0.310% of all shares with
valid voting rights present at valid voting rights present at valid voting rights present at
the Meeting the Meeting the Meeting
Fourth 135,721,156,176 votes or 36,993,538 votes or 0.027% 462,551,447 votes or None
99.633% of all shares with of all shares with valid voting 0.339% of all shares with
valid voting rights present at rights present at the Meeting valid voting rights present at
the Meeting the Meeting
Fifth This Agenda was a report. Therefore, the Company did not vote for decision making at the None
meeting
Sixth 122,235,809,794 votes or 13,356,134,934 votes or 628,756,433 votes or None
89.733% of all shares with 9.804% of all shares with 0.461% of all shares with
valid voting rights present at valid voting rights present at valid voting rights present at
the Meeting the Meeting the Meeting
Seventh 92,633,975,975 votes or 43,279,680,626 votes or 1,307,044,560 votes or None
67.268% of all shares with 31.771% of all shares with 0.959% of all shares with
valid voting rights present at valid voting rights present at valid voting rights present at
the Meeting the Meeting the Meeting
Annual GMS Resolution and Realization 2024
Agenda of the First Meeting Realization in 2024
Decision 1. The Annual Report, including the
1. Approved the Company’s Annual Report, including the Supervisory Report of the Board of Consolidated Financial Statements for
Commissioners for the Fiscal Year 2023, which ended on December 31, 2023. the fiscal year ending December 31,
2. Ratified: 2024, was published on February 7,
a. The Company’s Financial Statements for the Fiscal Year 2023, which ended on 2024.
December 31, 2023, as audited by the Public Accounting Firm Purwantono, Sungkoro 2. The GMS has approved the Annual
& Surja (a member firm of Ernst & Young Global), in accordance with Report Number Report, including the Supervisory Report
00035/2.1032/AU.1/07/1681-4/1/I/2024 dated January 31, 2024, with an unqualified of the Board of Commissioners for the
opinion in all material respects; and fiscal year ending December 31, 2023.
b. The Financial Statements of the Micro and Small Business Funding Program for the 3. The GMS has approved the Financial
Fiscal Year 2023, which ended on December 31, 2023, as audited by the Public Statements of the Micro and Small
Accounting Firm Purwantono, Sungkoro & Surja (a member firm of Ernst & Young Business Funding Program for the fiscal
Global), in accordance with Report Number 00042/2.1032/ AU.2/10/1681-4/1/II/2024 year ending December 31, 2023.
dated February 6, 2024, with an unqualified opinion in all material respects. 4. The GMS has granted full release and
3. With the approval of the Company’s Annual Report, including the Supervisory Report of discharge of responsibilities (Volledig
the Board of Commissioners, and the ratification of the Company’s Financial Statements acquit et decharge) to the Board of
and the Financial Statements of the Micro and Small Business Funding Program (PUMK), Directors for management actions and
all for the Fiscal Year 2023, which ended on December 31, 2023, the General Meeting of to the Board of Commissioners for
Shareholders (GMS) grants full release and discharge of responsibilities (volledig acquit supervisory actions carried out during
et de charge) to all members of the Board of Directors for the management actions of the the fiscal year ending December 31,
Company and to all members of the Board of Commissioners for the supervisory actions 2023.
of the Company carried out during the Fiscal Year 2023, which ended on December 31,
2023, provided that such actions are not classified as criminal offenses and are reflected
in the aforementioned reports.
Status: Realized
PT Bank Rakyat Indonesia (Persero) Tbk. 581
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Corporate
Governance
Agenda of the Second Meeting Realization in 2024
Decision All dividends (including interim dividends)
Approved the use of the Company’s consolidated net profit attributable to the owners of the were paid by the Company on March 28,
parent entity for the Fiscal Year 2023, amounting to IDR 60,099,862,976,229.60 (sixty trillion – 2024, with the following details:
ninety-nine billion – eight hundred sixty-two million – nine hundred seventy-six thousand – two 1. Republic of Indonesia: IDR
hundred twenty-nine rupiah – sixty cents), as follows: 25,714,901,623,444 was deposited into
1. At least IDR 48,102,283,288,576 (forty-eight trillion – one hundred two billion – two the State Treasury Account.
hundred eighty-three million – two hundred eighty-eight thousand – five hundred seventy- 2. Public Shareholders: IDR
six rupiah) or IDR 319 (three hundred nineteen rupiah) per share is allocated as Cash 22,387,381,665,132.
Dividend. This amount includes the Interim Dividend distributed to Shareholders on 3. The Remaining Net Profit for the Fiscal
January 18, 2024, totaling IDR 12,666,431,963,136 (twelve trillion – six hundred sixty-six Year 2023 that was not distributed
billion – four hundred thirty-one million – nine hundred sixty-three thousand – one hundred as Dividends has been recorded as
thirty-six rupiah) or IDR 84 (eighty-four rupiah) per share. Accordingly, the remaining cash Retained Earnings based on the Financial
dividend to be paid to Shareholders is at least IDR 35,435,851,325,440 (thirty-five trillion Statements for the fiscal year 2023.
– four hundred thirty-five billion – eight hundred fifty-one million – three hundred twenty-
five thousand – four hundred forty rupiah) or IDR 235 (two hundred thirty-five rupiah) per
share. Payment will be executed under the following conditions:
a. The portion of the Republic of Indonesia amounts to IDR 25,714,901,623,444 (twenty-
five trillion – seven hundred fourteen billion – nine hundred one million – six hundred
twenty-three thousand – four hundred forty-four rupiah), including the Interim Dividend
paid to the Republic of Indonesia on January 18, 2024, totaling IDR 6,771,322,057,584
(six trillion – seven hundred seventy-one billion – three hundred twenty-two million –
fiftyseven thousand – five hundred eighty-four rupiah). Consequently, the remaining
cash dividend to be paid is at least IDR 18,943,579,565,860 (eighteen trillion – nine
hundred forty-three billion – five hundred seventy-nine million – five hundred sixty-
five thousand – eight hundred sixty rupiah) to be deposited into the State Treasury
Account.
b. The Dividend for Fiscal Year 2023 is proportionally distributed to each Shareholder
whose name is recorded in the Shareholders’ Register on the recording date.
c. The Board of Directors is authorized and empowered, with the right of substitution, to:
i. Determine the schedule and procedures related to the Dividend Payment for
Fiscal Year 2023 in accordance with applicable regulations.
ii. Deduct Dividend Tax in accordance with applicable tax regulations.
iii. Handle other technical matters as required under applicable regulations.
2. An amount of up to Rp11.997.579.687.653,60 (eleven trillion – nine hundred ninety-seven
billion – five hundred seventy-nine million – six hundred eighty-seven thousand – six
hundred fifty-three rupiah – sixty cents) shall be allocated as retained earnings.
Status: Realized
Third Meeting Agenda Realization in 2024
Decision 1. Remuneration (salary/honorarium,
1. Approving the granting of authority and power to the Series A Dwiwarna Shareholder to facilities, and allowances) for the 2024
determine for the Members of the Board of Commissioners: Financial Year and tantiem for the
a. Tantiem/Performance Incentives/Special Incentives for the 2023 Financial Year and/ 2023 Financial Year for the Board of
or Long-Term Incentives for the 2024-2026 Financial Years, in accordance with Commissioners have been determined
applicable regulations; and by the Series A Dwiwarna Shareholder as
b. Honorarium, Allowances, and Facilities for the 2024 Financial Year. per Letter No. SR-198/MBU/04/2024.
2. Approving the granting of authority and power to the Board of Commissioners, with prior 2. Remuneration (salary/honorarium,
written approval from the Series A Dwiwarna Shareholder, to determine for the Board of facilities, and allowances) for the 2024
Directors: Financial Year and tantiem for the 2023
a. Tantiem/Performance Incentives/Special Incentives for the 2023 Financial Year and/ Financial Year for the Board of Directors
or Long-Term Incentives for the 2024-2026 Financial Years, in accordance with have been determined by the Board
applicable regulations; and of Commissioners based on Board
b. Salary, Allowances, and Facilities for the 2024 Financial Year. of Commissioners Letter No. SR.12-
KOM/04/2024, with the approval of the
Series A Dwiwarna Shareholder as per
Status: Realized
No. SR-198/MBU/04/2024.
582 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Fourth Meeting Agenda Realization in 2024
Decision The Board of Commissioners has appointed
1. Approving the appointment of Purwantono, Sungkoro & Surja (a member firm of Ernst and determined the audit service fees and
& Young Global) as the Public Accounting Firm to audit the Company’s Consolidated other terms for Purwantono, Sungkoro &
Financial Statements, Financial Statements and Implementation of the Micro and Small Surja (a member firm of Ernst & Young Global
Business Funding Program, as well as other reports for the 2024 Financial Year; Limited) to audit the Company’s Consolidated
2. Approving the granting of authority and power to the Company’s Board of Commissioners Financial Statements for other periods in
to: the 2024 Financial Year for the Company’s
a. Appoint a Public Accountant and/or Public Accounting Firm to audit the Company’s purposes and interests.
Consolidated Financial Statements for other periods in the 2024 Financial Year for the
Company’s purposes and interests; and
b. Determine the audit service fees and other terms for the Public Accountant and/or
Public Accounting Firm, as well as appoint a Replacement Public Accountant and/or
Public Accounting Firm in the event that Purwantono, Sungkoro & Surja (a member
firm of Ernst & Young Global) is unable, for any reason, to complete the audit services
for the Company’s Consolidated Financial Statements for the 2024 Financial Year
and/or other periods in the 2024 Financial Year, as well as the Financial Statements
and Implementation of the Micro and Small Business Funding Program for the 2024
Financial Year, including determining the audit service fees and other terms for the
Replacement Public Accountant and/or Public Accounting Firm.
Status: Realized
Fifth Meeting Agenda Realization in 2024
This agenda item is for reporting purposes only. Therefore, the Company did not conduct The General Meeting of Shareholders (GMS)
voting for decision-making. has received the Report on the Realization of
the Use of Funds from the 2023 Subordinated
Bonds IV of Bank BRI and the 2023
Sustainable Environmental Bonds Phase II of
Bank BRI.
Sixth Meeting Agenda Realization in 2024
Decision Perubahan Anggaran Dasar terbaru tertuang
1. Approved amendments to the Company’s Articles of Association to align with applicable dalam Akta No. 32 tanggal 22 April 2024
laws and regulations, including: (a) Law No. 4 of 2023, dated January 12, 2023, on the tentang Pernyataan Keputusan RUPS Tahunan
Development and Strengthening of the Financial Sector; (b) OJK Regulation No. 17 of PT Bank Rakyat Indonesia (Persero) Tbk
2023, dated September 14, 2023, on Governance Implementation for Commercial Banks;
(c) Minister of SOEs Regulation No. PER-2/MBU/03/2023, dated March 24, 2023, on
Governance Guidelines and Significant Corporate Activities of SOEs; (d) Minister of SOEs
Regulation No. PER-3/MBU/03/2023, dated March 24, 2023, on SOE Organs and Human
Resources; and (e) Other relevant regulations.
2. Approved the restructuring of all provisions in the Company’s Articles of Association in
accordance with the amendments mentioned in point 1, as attached to the minutes of the
notarial deed.
3. Granted authority and power to the Board of Directors, with substitution rights, to take
all necessary actions related to the Meeting’s decision, including but not limited to
drafting and restating the entire Articles of Association in a Notarial Deed, adjusting
the amendments if required by the relevant authorities, submitting the amendments for
approval and acknowledgment from the relevant authorities, and taking any necessary
actions for this purpose without exception.
Status: Realized
PT Bank Rakyat Indonesia (Persero) Tbk. 583
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Corporate
Governance
Seventh Meeting Agenda Realization in 2024
Decision 1. The appointed commissioner has
1. Honorably dismissing the following individuals from their positions as Company completed and passed the OJK Fit &
Management: Proper Test, as confirmed in OJK Decision
1). Mr. Catur Budi Harto as Vice President Director No. KEPR-70/D.03/2024 dated August 8,
2). Mr. Agus Noorsanto as Director of Wholesale and Institutional Business 2024.
3). Mr. Agus Sudiarto as Director of Risk Management 2. The updated company management
4). Mr. Hendrikus Ivo as Independent Commissioner structure has been documented in Deed
Each was appointed based on the resolutions of the Extraordinary General Meeting No. 10, dated September 23, 2024, as
of Shareholders (EGMS) in 2019 dated September 2, 2019; the EGMS in 2019 dated per the Annual GMS decision of PT Bank
September 2, 2019 in conjunction with the EGMS in 2021 dated October 7, 2021; the Rakyat Indonesia (Persero) Tbk.
EGMS in 2019 dated September 2, 2019; and the Annual General Meeting of Shareholders
(AGMS) for the Fiscal Year 2018 dated May 15, 2019. Their dismissal is effective from the
closing of the Meeting, with gratitude for their contributions of effort and thought during
their tenure as Company Management.
2. Changing the nomenclature of the positions of the Company’s Board of Directors as
follows:
Previously: Director of Small and Medium Business;
Changed to: Director of Commercial, Small and Medium Business;
Previously: Director of Network and Services;
Changed to: Director of Retail Funding and Distribution
3. Reassigning the following individuals as members of the Company’s Board of Directors:
Mr. Amam Sukriyanto
Previously: Director of Small and Medium Business
Changed to: Director of Commercial, Small and Medium Business
Mr. Andrijanto
Previously: Director of Network and Services
Changed to: Director of Retail Funding and Distribution
Each was appointed pursuant to the resolutions of the Extraordinary General Meeting
of Shareholders (EGMS) on January 21, 2021, and the Annual General Meeting of
Shareholders (AGMS) on March 1, 2022, with their respective terms continuing for the
remaining period in accordance with the appointment resolutions.
4. Appointing the following individuals as members of the Company’s Management:
1). Mr. Catur Budi Harto as Vice President Director
2). Mr. Agus Noorsanto as Director of Wholesale and Institutional Business
3). Mr. Agus Sudiarto as Director of Risk Management
4). Mr. Haryo Baskoro Wicaksono as Independent Commissioner
The term of office for the appointed members of the Board of Directors and Board of
Commissioners, as mentioned in point 4, shall be in accordance with the Company’s
Articles of Association, considering the prevailing capital market regulations, and without
limiting the right of the General Meeting of Shareholders (GMS) to dismiss them at any
time.
5. With the dismissal, changes in job nomenclature, reassignment of duties, and appointment
of members of the Board of Directors and Board of Commissioners as referred to in
points 1, 2, 3, and 4, the composition of the Company’s Board of Directors and Board of
Commissioners is as follows:
Board of Directors:
1) President Director: Mr. Sunarso
2) Vice President Director: Mr. Catur Budi Harto
3) Director of Consumer Business: Ms. Handayani
4) Director of Micro Business: Mr. Supari
5) Director of Compliance: Mr. Ahmad Solichin Lutfiyanto
6) Director of Wholesale and Institutional Business: Mr. Agus Noorsanto
7) Director of Risk Management: Mr. Agus Sudiarto
8) Director of Human Capital: Mr. Agus Winardono
9) Director of Commercial, Small and Medium Business: Mr. Amam Sukriyanto
10) Director of Finance: Ms. Viviana Dyah Ayu R.K.
11) Director of Digital and Information Technology: Mr. Arga Mahanana Nugraha
12) Director of Retail Funding and Distribution: Mr. Andrijanto
Boards of Commissioners:
1) President Commissioner: Mr. Kartika Wirjoatmodjo
2) Vice President Commissioner / Independent Commissioner: Ms. Rofikoh Rokhim
3) Commissioner: Mr. Awan Nurmawan Nuh
4) Commissioner: Mr. Rabin Indrajad Hattari
5) Independent Commissioner: Mr. Dwi Ria Latifa
6) Independent Commissioner: Mr. Heri Sunaryadi
7) Independent Commissioner: Mr. Paripurna Poerwoko Sugarda
8) Independent Commissioner: Mr. Agus Riswanto
9) Independent Commissioner: Ms. Nurmaria Sarosa
10) Independent Commissioner: Mr. Haryo Baskoro Wicaksono*
Notes:
*) The appointed Board of Commissioners member can only perform duties and functions after obtaining
approval from the Financial Services Authority (OJK) for the Fit & Proper Test.
584 PT Bank Rakyat Indonesia (Persero) Tbk.
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6. Newly appointed Board of Commissioners members, as referred to in point 4, may
only carry out their duties and functions after obtaining approval from the Financial
Services Authority (OJK) for the Fit & Proper Test and complying with applicable laws
and regulations. In the event that a Board of Commissioners member is later declared
unqualified in the Fit & Proper Test by OJK, they shall be honorably dismissed as of the
date of the OJK decision.
7. The Board of Directors is requested to submit a formal written request to OJK to conduct
the Fit & Proper Test for the appointed Board of Commissioners members as referred to in
point 4.
8. Board of Directors and Board of Commissioners members appointed as referred to in point
4 who still hold other positions prohibited by law from being concurrently held with a
position in the Board of Directors or Board of Commissioners of a State-Owned Enterprise
must resign or be dismissed from their current position.
Authority and power, with substitution rights, are granted to the Company’s Board of Directors
to formalize the resolutions of this Meeting in the form of a Notarial Deed and to appear before
a Notary or relevant official, making necessary adjustments or corrections if required by the
authorities, to facilitate the implementation of this Meeting’s resolutions.
Status: Realized
GMS Decisions in The Fiscal Year and 1 (One) directors including their families within the Bank and in
Year Prior to The Fiscal Year Which Are other companies.
Realised In The Fiscal Year 6. Consult the lending facility above a certain amount to the
Board of Commissioners by referring to the prevailing
All decisions of the 2025 GMS have been implemented in provisions.
2025, and the 2024 GMS has been implemented in 2024. So 7. Submit an Annual Report following the review by the
there are no decisions of the 2024 and 2025 GMS that have Board of Commissioners within a period of no longer
not been realized in 2025. than 5 (five) months after the end of the fiscal year to the
General Meeting of Shareholders for approval.
Board of Directors Responsibilities in Accounting and Annual Report
1. Conduct and maintain the Bank’s books and administration
Duties and Responsibilities of The Board in accordance with the prevailing practices of the
of Directors company.
2. Ensure the Bank’s accounting system is in accordance
In accordance with the Articles of Association, the Board with financial accounting standards and internal control
of Directors is collegially responsible for managing the principles, particularly in terms of financial management,
Company and representing the Company in and out of court. recording, retention and control.
The Board of Directors is obliged to prioritize the Company’s 3. Prepare Annual Report and Periodic Financial Report.
interests following the aims and objectives of the Company
while still complying with the provisions of the applicable Responsibilities on Risk Management
laws and regulations, the Articles of Association, and the 1. Ensure the adequacy of processes and systems to
resolutions of the GMS. identify, assess and control the risks encountered by the
Bank.
Responsibilities to the Board of Commissioners and 2. Monitor and evaluate the existence of a sound
Shareholders management process to assess the adequacy of the
1. Implementing the GMS resolutions. risk management system and internal control, financial
2. Prepare the Corporate Long-Term Plan, Bank Business reporting, and compliance.
Plan, Work Plan, and Budget, and other work plans and 3. Ensure the existence of an effective control system
changes to be submitted for approval from the Board of to ensure the reliability and integrity of information,
Commissioners. compliance with applicable policies, procedures, rules
3. Conduct the GMS based on a written request from one or and laws, safeguards of the Bank’s assets, the efficient
more shareholders representing at least 1/10 (one-tenth) use of economic resources, and the achievement of
of the total shares issued with valid voting rights. defined objectives and targets for operations.
4. Decide and formulate the Company’s strategy.
5. Prepare and maintain a shareholders registry and special Responsibilities on Organization
lists containing shareholdings of the commissioners and Create an organizational structure, tasks and assign clear
responsibilities, including management appointments.
PT Bank Rakyat Indonesia (Persero) Tbk. 585
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Corporate
Governance
Rights and Authority of The Board of GMS to dismiss members of the Board of Directors at any
Directors time before their term of office ends. After the term of office
ends, members of the Board of Directors may be reappointed
In carrying out its duties and responsibilities, the Board of by the GMS for one term of office.
Directors has the authority as regulated in the Company’s
Articles of Association as follows:
1. Establish Policies in accordance with the management of Board of Directors Criterias
the Company.
2. Arrange the delegation of authority of the Board of The criteria for the Board of Directors of BRI had met the
Directors to represent the Company inside and outside requirements as stipulated in the OJK Regulation No. 33/
the court to one or several members of the Board of POJK.04/2014 concerning the Board of Directors and
Directors specifically appointed for such purpose, or to Board of Commissioners of Issuers or Public Companies
a personnel and/ or other entity. and OJK Regulation Number 17 2023 Year concerning the
3. Administer the regulations on the Company’s manpower, Implementation of Governance for Commercial Banks,
including determining salaries, pensions or benefits and Minister of SOEs Regulation No. PER-3/MBU/03/2023 on
other income for the Company’s employees pursuant to SOE Organs and Human Resources, and other applicable
the prevailing laws and regulations. regulations.
4. Appoint and discharge the Company’s employees
pursuant to the Company’s manpower regulations and General Qualifications
prevailing laws and regulations. 1. An individual who is capable of carrying out legal actions.
5. Appoint and discharge the Corporate Secretary. 2. Domiciled in Indonesia.
6. Write-off bad loans hereinafter reported to the Board of 3. Within 5 (five) years prior to his appointment and during
Commissioners. his tenure, never:
7. Not to recollect interest receivables, penalties, costs and a. Declared bankrupt;
other receivables besides the basis in order to pay off the b. Become a member of the Board of Directors or a
Company’s receivables. member of the Board of Commissioners who is found
8. Release the right to collect or not collect any more bad guilty of causing a company to be declared bankrupt;
debts that have been written off in the context of loan or
settlement, either in part or in whole, which is implemented c. Sentenced for committing a crime that is detrimental to
based on the policy determined by the Board of Directors state finances and/or related to the financial sector.
with the approval of the Board of Commissioners and d. Never been a member of the Board of Directors and/
within the amount of the write-off ceiling (limit) that has or a member of the Board of Commissioners during
been determined by the GMS which will remain in effect his/her term of office:
until a new ceiling (limit) is determined by the GMS. i. Has ever failed to hold an Annual GMS;
9. Forming committees according to needs. ii. His/her accountability as a member of the Board
10. Take or perform all other actions and deeds with regard of Directors and/or member of the Board of
to the management and ownership of the Company’s Commissioners has never been accepted by the
assets, bind the Company to other parties and/or bind GMS or has never provided accountability as a
other parties to the Company, and representing the member of the Board of Directors and/or member
Company inside and outside the court with respect to all of the Board of Commissioners to the GMS; and
matters and in all events, with the limitations as provided iii. Has ever caused a company that has obtained
in the laws and regulations, the Articles of Association a permit, approval, or registration from the OJK
and/or the Resolutions of the GMS. to fail to fulfill its obligation to submit an annual
report and/or financial report to the OJK.
4. Does not hold concurrent position as:
Board of Directors Tenures a. Member of the Board of Directors of SOEs, Regional
owned enterprises, or private enterprises;
The members of the Board of Directors are appointed for b. Member of the Board of Commissioners/ Supervisory
a period starting from the closing of the GMS or the date Board of the SOE;
determined by the GMS that appointed them and ending at c. Structural and functional positions in the central or
the closing of the 5th (fifth) Annual GMS after the date of local government institutions;
their appointment with the condition that it may not exceed a d. Member in the structure of political party and or
period of 5 (five) years, but without reducing the right of the legislative candidate/member and or candidate of
head/ deputy head of region; and or
586 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
3. High commitment to the development of bank soundness
e. Other positions that may inflict conflict of interests
operations.
and/ or other positions pursuant to the prevailing
4. Not included in the list of disqualified individuals.
laws and regulations.
5. Have integrity, dedication, understand company
management issues related to one of the management
functions, have adequate knowledge in the banking
Board of Directors’ Working Guidelines
business sector, and be able to provide sufficient time to
and Procedures
carry out his/her duties.
6. Do not have any family ties with members of the Bank’s BRI Board of Directors has in place the BOD Board Charter,
Board of Directors and/or Board of Commissioners up to based on the Decree as stated in the Decision of the Nokep
the third degree, either vertically or horizontally, including Board of Directors B.299-DIR/SKP/04/2020 dated April 24,
family ties resulted from marriage. 2020. The Board Charter contains the Board of Directors’
work rules and guidance for performing their respective
Compliance with the Fit and Proper Assessment duties, aligned with the vision and mission of the Company.
OJK Regulation No. 27/POJK.03/2016 concerning the Fit and
Proper Assessment and Financial Services Authority Circular The BOD Board Charter contains among others:
Letter No. 39/SEOJK.03/2016 concerning the Fit and Proper 1. General provisions for the positions of members of the
Assessment for Prospective Controlling Shareholders, Board of Directors
Prospective Members of the Board of Directors, and 2. Duties and responsibilities of the Board of Directors
Prospective Members of the Board of Commissioners of 3. Authority and obligations of the Board of Directors
Banks stipulates that members of the Board of Directors 4. Company values
and members of the Board of Commissioners must obtain 5. Board of Directors’ work ethic
approval from OJK before carrying out their actions, duties 6. Board of Directors working hours
and functions as the Main Party. In this regard, members 7. Board of Directors Meeting
of the Board of Directors and members of the Board of 8. Membership Structure of the Board of Directors
Commissioners must have and meet the requirements of 9. Reporting and Accountability of the Board of Directors
integrity, financial reputation, adequate knowledge in the
banking sector and relevant to their position, experience,
expertise and competence in the banking sector and/or Board of Directors Duties
finance and the ability to carry out strategic management in
order to develop a healthy bank. In accordance with the Decree of NOKEP: 4054-DIR/
PPM/08/2025 concerning the Appointment and Division
Integrity Requirements of Directorates within the Organization of PT Bank Rakyat
In order to meet the integrity requirements, prospective Indonesia (Persero) Tbk. Established on August 15, 2025, are
members of the Board of Directors must have: as follows:
1. Good character and morals.
2. Commitment to comply with applicable laws and
regulations.
PT Bank Rakyat Indonesia (Persero) Tbk. 587
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Corporate
Governance
Table of Directors’ Duties
Position Scope of Duties Duties and Authorities
President Director The President Director is responsible for the Carrying out duties and authorities include:
Company’s overall policies and supervision, as a. directing the Company’s strategy and work plan;
well as for maintaining the Company’s corporate b. leading all Directorates and Sub-Directorates responsible for the
image. The President Director oversees: management of the Company;
a. The Vice President Director, who manages c. ensuring the achievement of the Company’s targets;
the activities of the Legal & Compliance d. directing the formulation and implementation of strategies for the
Directorate led by the Director of Legal management of the Financial Conglomerate;
& Compliance, the Finance & Strategy
Directorate led by the Director of Finance &
Strategy, and the Corporate Transformation
Sub-Directorate led by the SEVP Corporate
Transformation
b. Directorates led by Directors
c. The Human Capital Sub-Directorate, led by
the SEVP Human Capital;
d. The Internal Audit Sub-Directorate, led by
the SEVP Internal Audit;
e. The Financial Conglomerate;
f. The Corporate Secretary Group and
Branding & Marketing Communication
Group, led by the Group Head.
Vice President The Vice President Director is responsible Carrying out duties and authorities include:
Director for managing the activities of the Legal & a. directing the Company’s strategy and work plan;
Compliance Directorate, led by the Director of b. ensuring the achievement of the Company’s targets as stipulated
Legal & Compliance, the Finance & Strategy in the Management Contract;
Directorate, led by the Director of Finance & c. formulating and implementing strategies as well as overseeing the
Strategy, and the Corporate Transformation development of the Legal & Compliance Directorate, the Finance
Sub-Directorate, led by the SEVP Corporate & Strategy Directorate, and the Corporate Transformation Sub-
Transformation. Directorate;
d. managing legal and compliance activities through the Legal &
Compliance Directorate;
e. managing finance and strategy activities through the Finance &
Strategy Directorate;
f. managing the formulation and implementation of the Company’s
long-term plan through the Corporate Transformation Sub-
Directorate;
g. formulating and implementing strategies for the management of
the Financial Conglomerate;
h. managing the human capital of the Legal & Compliance
Directorate, the Finance & Strategy Directorate, and the Corporate
Transformation Sub-Directorate.
Director of Micro The Director of Micro Business is responsible Carrying out duties and authorities include:
for managing the micro business segment a. ensuring the achievement of the Company’s targets as stipulated
(including People’s Business Credit/Kredit in the Management Contract and the targets of the Micro
Usaha Rakyat – KUR), partnership programs, Directorate;
ultra micro business, BRILink business, as well b. formulating and implementing strategies as well as overseeing the
as social entrepreneurship and incubation. development of the Micro Directorate;
The Director of Micro Business oversees the c. managing the performance of micro business activities (including
following work units: People’s Business Credit/Kredit Usaha Rakyat – KUR) and
1. Ultra Micro Business Sub-Directorate partnership programs;
2. Micro Business Development Group d. managing the performance of ultra micro business activities;
3. Micro Sales Management 1 Group e. managing the performance of BRILink business activities;
4. Micro Sales Management 2 Group f. managing social entrepreneurship and incubation activities;
5. Members of the Financial Conglomerate g. supervising members of the Financial Conglomerate (in
and Regional Offices in accordance with the accordance with assignments stipulated under separate
Board of Directors’ decision provisions);
h. supervising the performance of the assigned Regional Offices
(in accordance with assignments stipulated under separate
provisions);
i. managing the human capital of the Micro Directorate.
588 PT Bank Rakyat Indonesia (Persero) Tbk.
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Position Scope of Duties Duties and Authorities
Director of The Director of Consumer Banking is responsible Carrying out duties and authorities include:
Consumer Banking for managing the credit card and digital lending a. ensuring the achievement of the Company’s targets as stipulated
businesses, consumer loans, Briguna, and in the Management Contract and the targets of the Consumer
wealth management business. The Director of Banking Directorate;
Consumer Banking oversees the following work b. formulating and implementing strategies as well as overseeing the
units: development of the Consumer Banking Directorate;
1. Card Business Group. c. managing the performance of credit card and digital lending
2. Consumer Loan Group. businesses;
3. Unsecured Loan Group. d. managing the performance of consumer loans (including, among
4. Wealth Management Group. others, Property Ownership Loans);
5. Members of the Financial Conglomerate e. managing the performance of unsecured loan products (including,
and Regional Offices in accordance with the among others, Briguna);
Board of Directors’ decision. f. managing the performance of the wealth management business;
g. supervising members of the Financial Conglomerate (in
accordance with assignments stipulated under separate
provisions);
h. supervising the performance of the assigned Regional Offices
(in accordance with assignments stipulated under separate
provisions);
i. managing the human capital of the Consumer Banking Directorate.
Director of The Director of Commercial Banking is Carrying out duties and authorities include:
Commercial responsible for managing small business, a. ensuring the achievement of the Company’s targets as stipulated
Banking medium business, and commercial business in the Management Contract and the targets of the Commercial
products; the value chain business; credit Banking Directorate;
approvals for the medium and commercial b. formulating and implementing strategies as well as overseeing the
segments; and operational risk for the development of the Commercial Banking Directorate;
Commercial Banking Directorate and the c. managing the performance of small businesses, medium
Corporate Banking Directorate. The Director businesses, and value chain businesses;
of Commercial Banking oversees the following d. managing the performance of commercial business activities and
work units: commercial credit approvals;
1. Commercial & SME Business Solution e. managing the operational risk of the Commercial Banking
Group Directorate and the Corporate Banking Directorate;
2. Small & Medium Business Group f. supervising members of the Financial Conglomerate (in
3. Commercial Business Group accordance with assignments stipulated under separate
4. Senior Operational Risk Head (SORH) – provisions);
Wholesale g. supervising the performance of the assigned Regional Offices
5. Members of the Financial Conglomerate (in accordance with assignments stipulated under separate
and Regional Offices in accordance with the provisions);
Board of Directors’ decision h. managing the human capital of the Commercial Banking
Directorate.
Director of The Director of Corporate Banking is responsible Carrying out duties and authorities include:
Corporate for managing institutional relationship business, a. ensuring the achievement of the Company’s targets as stipulated
Banking corporate banking business, syndication in the Management Contract and the targets of the Corporate
business, services for non-bank financial Banking Directorate;
institutions, as well as wholesale transaction b. formulating and implementing strategies as well as overseeing the
banking. The Director of Corporate Banking development of the Corporate Banking Directorate;
oversees the following work units: c. managing the performance of institutional relationship business;
1. Institutional Business 1 Group d. managing the performance of corporate banking business;
2. Institutional Business 2 Group e. managing the performance of wholesale transaction banking
3. Corporate Banking 1 Group business;
4. Corporate Banking 2 Group f. supervising members of the Financial Conglomerate (in
5. Corporate Banking 3 Group accordance with assignments stipulated under separate
6. Corporate Banking 4 Group provisions);
7. Wholesale Transaction Banking Group g. supervising the performance of the assigned Regional Offices
8. Members of the Financial Conglomerate (in accordance with assignments stipulated under separate
and Regional Offices in accordance with the provisions);
Board of Directors’ decision h. managing the human capital of the Corporate Banking Directorate.
PT Bank Rakyat Indonesia (Persero) Tbk. 589
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Corporate
Governance
Position Scope of Duties Duties and Authorities
Director of The Director of Treasury & International Banking Carrying out duties and authorities include:
Treasury & is responsible for managing treasury business, a. ensuring the achievement of the Company’s targets as stipulated
International investment services, international business, in the Management Contract and the targets of the Treasury &
Banking overseas offices, fixed asset management, International Banking Directorate;
procurement, liquidity and funding management, b. formulating and implementing strategies as well as overseeing the
as well as operational risk for the Treasury & development of the Treasury & International Banking Directorate;
International Banking Directorate. The Director c. managing the performance of treasury business activities;
of Treasury & International Banking oversees d. managing the performance of investment services business;
the following work units: e. managing the performance of international banking business;
1. Treasury Business Group f. managing the performance of overseas offices;
2. Investment Services Group g. managing fixed assets management activities;
3. International Business Group h. managing procurement activities;
4. Fixed Assets Management Group i. managing the performance of liquidity and funding management;
5. Procurement Group j. managing the operational risk of the Treasury & International
6. Liquidity & Funding Management Group Banking Directorate;
7. Overseas Offices k. supervising members of the Financial Conglomerate (in
8. Senior Operational Risk Head (SORH) – accordance with assignments stipulated under separate
Procurement provisions);
9. Members of the Financial Conglomerate l. supervising the performance of the assigned Regional Offices
and Regional Offices in accordance with the (in accordance with assignments stipulated under separate
Board of Directors’ decision. provisions);
m. managing the human capital of the Treasury & International
Banking Directorate.
Director of The Director of Network & Retail Funding Carrying out duties and authorities include:
Network & Retail is responsible for managing the planning, a. ensuring the achievement of the Company’s targets as stipulated
Funding development, and optimization of the branch in the Management Contract and the targets of the Network &
network, retail funding and transaction Retail Funding Directorate;
businesses, Regional Offices, as well as the b. formulating and implementing strategies as well as overseeing the
operational risk of the Network & Retail Funding development of the Network & Retail Funding Directorate;
Directorate. The Director of Network & Retail c. managing the performance of retail funding and retail transaction
Funding oversees the following work units: businesses;
1. Retail Transaction & Funding Sub- d. managing the performance of Regional Offices and operational
Directorate work units;
2. Distribution Strategy Group e. managing the operational risk of the Network & Retail Funding
3. Regional Offices Directorate and the distribution network;
4. Senior Operational Risk Head (SORH) – f. supervising members of the Financial Conglomerate (in
Distribution accordance with assignments stipulated under separate
5. Members of the Financial Conglomerate provisions);
in accordance with the Board of Directors’ g. managing the human capital of the Network & Retail Funding
decision. Directorate.
Director of The Director of Information Technology is Carrying out duties and authorities include:
Information responsible for managing the planning and a. ensuring the achievement of the Company’s targets as stipulated
Technology development of information technology in the Management Contract and the targets of the Information
strategy and architecture, application Technology Directorate;
development, application support, Data b. formulating and implementing strategies as well as overseeing the
Center (DC) infrastructure and information development of the Information Technology Directorate;
technology operations, information security, c. managing information technology strategy, policies, and
endpoint services and operations, digital retail architecture;
banking, innovation and digital wholesale d. managing platform development activities;
banking, enterprise data management and e. managing quality assurance activities and platform operations;
analytics, integrated information technology f. managing information technology infrastructure;
for the Financial Conglomerate, as well as the g. managing information security;
operational risk of the Information Technology h. managing information technology endpoint services and
Directorate. The Director of Information operations;
Technology oversees the following work units: i. managing the operational risk of the Information Technology
1. Digital Banking Sub-Directorate Directorate;
2. IT Strategy & Enterprise Architecture Group j. managing digital banking (including, among others, digital retail
3. IT Application Development Group banking, digital wholesale banking, digital innovation, as well as
4. IT Application Support Group enterprise data management and analytics);
5. IT DC Infrastructure & Operations Group k. supervising members of the Financial Conglomerate (in
6. Chief Information Security Office (CISO) accordance with assignments stipulated under separate
Group provisions);
7. IT Endpoint Services & Operations Group l. supervising the performance of the assigned Regional Offices
Senior Operational Risk Head (SORH) – (in accordance with assignments stipulated under separate
Information Technology provisions);
8. Members of the Financial Conglomerate m. formulating and implementing strategies for the management
and Regional Offices in accordance with the of integrated information technology within the Financial
Board of Directors’ decision. Conglomerate;
n. managing the human capital of the Information Technology
Directorate.
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Position Scope of Duties Duties and Authorities
Director of The Director of Risk Management is responsible Carrying out duties and authorities include:
Risk Management for managing the Company’s risk management, a. ensuring the achievement of the Company’s targets as stipulated
market risk, information technology and digital in the Management Contract and the targets of the Risk
risk, operational risk, policies and procedures Management Directorate;
(credit and non-credit), data protection and b. formulating and implementing strategies as well as overseeing the
fraud, credit risk rating, credit risk scoring, development of the Risk Management Directorate;
and credit risk related to lending products, c. managing market risk and enterprise risk;
credit risk across all business segments, credit d. managing information technology and digital risk;
problem resolution, as well as integrated risk e. managing operational risk;
management of the Financial Conglomerate. f. managing the Company’s policies and procedures (credit and
The Director of Risk Management oversees the non-credit);
following work units: g. managing data protection and fraud risk;
1. Retail Risk Sub-Directorate h. managing credit risk for micro, consumer, small, medium,
2. Wholesale Risk Sub-Directorate commercial, and corporate segments;
3. Enterprise & Market Risk Group i. managing collection and recovery of micro, consumer, small, and
4. IT & Digital Risk Group medium credit;
5. Operational Risk Group j. managing recovery of commercial and corporate credit;
6. Policy & Procedure Group k. supervising members of the Financial Conglomerate (in
7. Data Protection & Fraud Risk Group accordance with assignments stipulated under separate
8. Members of the Financial Conglomerate provisions);
and Regional Offices in accordance with the l. supervising the performance of the assigned Regional Offices
Board of Directors’ decision. (in accordance with assignments stipulated under separate
provisions);
m. formulating and implementing strategies for integrated risk
management within the Financial Conglomerate;
n. managing the human capital of the Risk Management Directorate.
Director of The Director of Operations is responsible for Carrying out duties and authorities include:
Operations managing central operations, credit operations, a. ensuring the achievement of the Company’s targets as stipulated
digital operations, customer experience, as in the Management Contract and the targets of the Operations
well as credit and operational business process Directorate;
re-engineering. The Director of Operations b. formulating and implementing strategies as well as overseeing the
oversees the following work units: development of the Operations Directorate;
1. Central Operation Group c. managing central operations through the central operations
2. Retail Credit Operation Group function;
3. Wholesale Credit Operation Group d. managing credit operations for micro, small, medium, and
4. Digital Operation Group consumer segments through the retail credit operations function;
5. Customer Experience Group e. managing credit operations for commercial and corporate
6. Operational Excellence Group segments through the wholesale credit operations function;
7. Members of the Financial Conglomerate f. managing digital operations through the digital operation function;
and Regional Offices in accordance with the g. managing customer experience through the customer experience
Board of Directors’ decision. function;
h. managing credit and operational business process re-engineering
through the operational excellence function;
i. supervising members of the Financial Conglomerate (in
accordance with assignments stipulated under separate
provisions);
j. supervising the performance of the assigned Regional Offices
(in accordance with assignments stipulated under separate
provisions);
k. managing the human capital of the Operations Directorate
Director of Legal & The Director of Legal & Compliance is Carrying out duties and authorities include:
Compliance responsible for managing compliance with the a. ensuring the achievement of the Company’s targets as stipulated
Bank’s policies, provisions, and/or decisions in the Management Contract and the targets of the Legal &
in accordance with applicable laws and Compliance Directorate;
regulations, including the management of b. formulating and implementing strategies as well as overseeing the
the Bank’s compliance culture, legal advisory development of the Legal & Compliance Directorate;
and case handling, the management of c. managing compliance with the Bank’s policies, provisions, and/
Environmental, Social & Governance (ESG) or decisions in accordance with applicable laws and regulations,
strategies and programs, the management including the management of the compliance culture;
of anti-money laundering, counter-terrorism d. managing legal advisory and case handling;
financing, and counter-proliferation financing e. managing Environmental, Social & Governance (ESG);
programs, as well as integrated compliance f. managing anti-money laundering, counter-terrorism financing,
within the Financial Conglomerate. The Director and counter-proliferation financing;
of Legal & Compliance oversees the following g. supervising members of the Financial Conglomerate (in
work units: accordance with assignments stipulated under separate
1. Compliance Group provisions);
2. Legal Group h. supervising the performance of the assigned Regional Offices
3. Environmental, Social & Governance Group (in accordance with assignments stipulated under separate
4. Anti-Money Laundering, Counter Financing provisions);
of Terrorism & Counter Proliferation i. formulating and implementing strategies for integrated compliance
Financing (AML, CFT & CPF) Group. management within the Financial Conglomerate;
j. managing the human capital of the Legal & Compliance
Directorate.
PT Bank Rakyat Indonesia (Persero) Tbk. 591
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Corporate
Governance
Position Scope of Duties Duties and Authorities
Director of Finance The Finance & Strategy Directorate is led by the Carrying out duties and authorities include:
& Strategy Director of Finance & Strategy, who is responsible a. managing the Company’s strategy and work plan;
for managing the Company’s planning, b. ensuring the achievement of the Company’s targets as stipulated
budgeting, and performance management, in the Management Contract and the targets of the Finance &
financial and management accounting, investor Strategy Directorate;
relations, financial conglomerate management, c. formulating and implementing strategies as well as overseeing the
economic condition analysis, corporate development of the Finance & Strategy Directorate;
development and strategy, as well as project d. managing Planning & Performance Management activities;
management and implementation. The Director e. managing Financial & Management Accounting;
of Finance & Strategy oversees the following f. managing the performance of Financial Conglomerate members
work units: through the Subsidiary Management function;
1. Corporate Transformation Sub-Directorate g. managing shareholder communication activities through the
2. Planning, Budgeting & Performance Investor Relations function;
Management Group h. managing macroeconomic, financial market, industry sector, and
3. Financial & Management Accounting Group regional economic analysis activities;
4. Investor Relations Group i. managing the formulation and implementation of the Company’s
5. Subsidiary Management Group long-term plan through the Corporate Transformation function;
6. Office of the Chief Economist j. formulating and implementing strategies for the management of
7. Members of the Financial Conglomerate the Financial Conglomerate;
and Regional Offices in accordance with the k. managing the human capital of the Finance & Strategy Directorate.
Board of Directors’ decision.
Policy of Concurrent Position of Board of Directors
The Board of Directors is prohibited from holding concurrent positions as described below, namely:
1. Members of the Board of Directors in State-Owned Enterprises, Regional-Owned Enterprises, and privately-owned enterprises.
2. Member of the Board of Commissioners/Supervisory Board of State-Owned Enterprises.
3. Other Structural and functional positions in central and/or regional government agencies/institutions.
4. Political party administrators, members of the DPR, DPD, DPRD Level I, and DPRD Level II and/or regional head/deputy
regional head candidates.
5. Other positions that may cause conflicts of interest and/or other positions following the applicable laws and regulations.
Table of Concurrent Position of Board of Directors
Tenure Period Position in Companies/ Company name/
Name Position
During 2025 Other Agencies Other Agencies
Hery Gunardi President Director March 24 – December 31, - -
2025
Viviana Dyah Ayu R.K. Director of Finance January 1 – March 24, 2025 - -
Director of Finance & March 24 – December 17, 2025
Strategy
Vice President Director December 17 – December 31
2025
Hakim Putratama Director of Operations March 24 – December 31, 2025 - -
Riko Adythia Director of Corporate March 24 – December 31, 2025 - -
Banking
Aquarius Rudianto Director of Network and March 24 – December 31, 2025 - -
Retail Funding
592 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Tenure Period Position in Companies/ Company name/
Name Position
During 2025 Other Agencies Other Agencies
Farida Thamrin Director of Treasury and March 24 – December 31, 2025 - -
International Banking
Akhmad Purwakajaya Director of Micro March 24 – December 31, 2025 - -
Alexander Dippo Paris Director of Commercial March 24 – December 31, 2025 - -
Y.S. Banking
Saladin Dharma Director of Information March 24 – December 31, 2025 - -
Nugraha Effendi Technology
Mahdi Yusuf Director of Legal & December 17 – December 31, - -
Compliance 2025
Aris Hartanto Director of Consumer December 17 – December 31, - -
Banking 2025
Achmad Royadi Director of Finance & December 17 – December 31, - -
Strategy 2025
Ety Yuniarti Director of Risk December 17 – December 31, - -
Management 2025
Nancy Adistyasari Director of Consumer March 24 – December 17, 2025 - -
Banking
Mucharom Director of Risk March 24 – December 17, 2025 - -
Management
Sunarso President Director January 1 – March 24, 2025 - -
Catur Budi Harto Vice President Director January 1 – March 24, 2025 - -
Agus Noorsanto Director of Wholesale and January 1 – March 24, 2025 - -
Institutional Business
Vice President Director March 24 – December 17, 2025
Handayani Director of Cosumer January 1 – March 24, 2025 - -
Business
Supari Director of Micro Business January 1 – March 24, 2025 - -
Ahmad Solichin Director of Compliance January 1 – March 24, 2025 - -
Lutfiyanto
Director of Human Capital March 24 – December 17, 2025 - -
& Compliance
Agus Sudiarto Director of Risk January 1 – March 24, 2025 - -
Management
Agus Winardono Director of Human Capital January 1 – March 24, 2025 - -
Amam Sukriyanto Director of Commercial, January 1 – March 24, 2025 - -
Small and Medium
Business
Arga M. Nugraha Director of Digital and January 1 – March 24, 2025 - -
Information Technology
Andrijanto Director of Retail Funding January 1 – March 24, 2025 - -
and Distribution
PT Bank Rakyat Indonesia (Persero) Tbk. 593
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Corporate
Governance
Affiliation Relationship of Directors a. It is deemed necessary by 1 (one) or more members
of the Board of Directors.
Information related to the financial and family relationships b. At the written request of 1 (one) person or more
of members of the Board of Directors and members of the members of the Board of Commissioners.
Board of Commissioners with other members of the Board c. Meetings may be held at the Company’s domicile or
of Directors, other members of the Board of Commissioners, in other places within the territory of the Republic of
and/or the controlling shareholders of the Bank has been Indonesia or where the Company conducts business
presented in the Company Profile Chapter of this Annual activities. Based on specific considerations, meetings
Report. can be held via conference (e.g., teleconferencing,
videoconferencing, or other electronic media).
Board of Directors Conflict of Interest 3. The Board of Directors is required to schedule a meeting
Management for the following year before the end of the fiscal year
with an agenda that is adjusted to the Management
Members of the Board of Directors are prohibited from using Calendar. The scheduling of the meeting is determined
the Company for personal, family, and/or other party interests in the Board of Directors Meeting.
that may harm or reduce the profits and the reputation of
the Company and its subsidiaries. In addition, members of Meeting Agenda and Materials
the Board of Directors are prohibited from taking and/or Proposed agendas and meeting materials for the Board of
receiving personal benefits, either directly or indirectly, in Directors are submitted no later than 5 (five) working days
the Company’s activities other than remuneration/income prior to the meeting. Apart from the scheduled meetings,
(salary/honorarium, facilities, and allowances) and variable meeting materials are submitted no later than the day before
remuneration determined following applicable regulations. the meeting.
Members of the Board of Directors who have a conflict of Meeting Invitation
interest in the Company’s transactions and/or corporate 1. The summons for the meeting shall be delivered directly
actions are required to declare the conflict of interest and to each meeting participant in writing by letter and/
cannot be involved in the decision-making process related or electronic mail and/or digital message and/or other
to the transaction and/or corporate action. Any transaction means with adequate receipts.
involving a conflict of interest must first obtain the approval 2. The summons for the meeting shall include the agenda,
of independent shareholders before it is implemented. presenters, date, time, and place of the meeting.
3. Submitted at least 5 (five) working days before the Board
In 2025, there were no BRI corporate actions that contained of Directors meeting is held, without taking into account
a conflict of interest and were carried out by members of the the date of the summons and the date of the meeting, or
Board of Directors. a shorter period if the situation is urgent.
Quorum and Decision Making
Board of Directors Meetings 1. The meeting is legal and has the right to make binding
decisions if it is attended and/or represented by more
Board of Directors Meetings Policy than 2/3 (two-thirds) of the total members of the
Company’s Board of Directors
The Board of Directors meeting policies that have been 2. Board of Directors meetings are chaired by the President
regulated in the Board of Directors Work Guidelines are: Director. If the President Director is absent or unable to
attend, the Deputy President Director will chair the Board
Time and place of Directors Meeting.
1. The Board of Directors is required to hold regular Board 3. In the event that deliberation to reach a consensus is not
of Directors meetings at least 1 (one) time every month. In reached, then the decision is taken by voting based on
addition to meetings of the Board of Directors, the Board the affirmative votes of at least 2/3 (two thirds) of the
of Directors must, at least 1 (one) time in 4 (four) months, number of valid votes cast at the Board of Directors
hold a meeting with the Board of Commissioners. Meeting. If the voting results do not reach at least 2/3
2. Meetings in principle are held on certain days in the (two thirds), then the Board of Directors Meeting does
current month. Meetings can be scheduled on another not make a decision on the agenda.
day if: 4. Each member of the Board of Directors and/or Board of
Commissioners had the right to cast 1 (one) vote and an
additional 1 (one) vote for the member of the Board of
Directors and/or Board of Commissioners that he/she
legally represented in the meeting.
594 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
5. In the event that there is a proposal with more than 2 (two) alternative decisions and the voting results have not obtained
more than ½ (one half) of the votes for 1 (one) alternative decision, then a re-vote will be carried out for 2 (two) alternative
decisions with the total majority of votes, so that more than 2/3 (two thirds) of the valid votes cast at the Board of Directors
Meeting are obtained in agreement.
6. A blank vote (abstain) is deemed to approve the proposal submitted at the meeting. Invalid votes are considered nonexistent
and are not counted in determining the number of votes cast at the meeting.
7. Voting regarding individuals is carried out using a closed ballot without a signature, while voting regarding other matters is
carried out verbally, unless the chairman of the meeting determines otherwise without any objection based on the majority
vote of the members of the Board of Directors and/or Board of Commissioners present.
8. Every member of the Board of Directors and/or Board of Commissioners who personally in any way, directly or indirectly, has
an interest in a transaction or contract, whether existing or future, with the Company being one of the parties, must state the
nature of the interest in the meeting. Therefore, the member of the Board of Directors and/or the Board of Commissioners
concerned is not entitled to vote on matters related to the transaction or contract.
Meeting Minutes
1. The meeting results must be stated in the Minutes of Meeting, which is valid evidence for members of the Board of Directors
regarding the decisions taken.
2. Minutes of the meeting must at least include:
a. Place, date, and time the meeting was held.
b. Agenda discussed.
c. Attendance list signed by meeting participants.
d. The length of the meeting.
e. Decision was taken.
f. Matters discussed, including statements of disapproval and/or objection (dissenting opinion) along with the reasons, if
any.
3. The Company documents minutes of the meeting.
Board of Directors Meeting Plan
The Board of Directors is obliged to hold regular Board of Directors Meetings at least 1 (one) time every month. The Board of
Directors Meeting schedule is scheduled to be held every Monday. Board of Directors meetings can be scheduled on other days
if deemed necessary.
The Board of Directors’ Meeting Agenda for 2026 is explained in the following table.
No. Meeting Agenda in 2025 Time
1 Performance Evaluation and Report for the Fiscal Year 2025 Second week of January 2026
2 2026 Monthly Performance Update At least once a month in 2026
3 First Quarter Performance Evaluation in 2026 First week of April 2026
4 Second Quarter Performance Evaluation in 2026 First week of July 2026
5 Third Quarter Performance Evaluation in 2026 Second week of October 2026
6 Forth Quarter Performance Evaluation in 2026 Second week of January 2026
7 Evaluation and Business Plan Revision Strategy for the Bank (2025–2027) Second week of June 2026
8 Corporate Work Plan and Budget for 2027 Forth week of June 2026
9 Operational Activities and Corporate Decisions Requiring Approval from the To be conducted at least once a month in the
Board of Commissioners year 2026.
PT Bank Rakyat Indonesia (Persero) Tbk. 595
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Corporate
Governance
Agenda, Datesand Participants of The Board of Directors’ Meetings
Throughout 2025, the agenda, dates and participants of the Board of Directors Meetings are as follows.
Board of Directors Meeting Period January 1 – March 24, 2025
Director of
Vice Director Director
President Director of Wholesale and
No Date Agenda President of Risk of Human
Director Management
Finance Institutional
Director Capital
Business
1 January - Performance 1 1 1 1 1 1
6, 2025 Update as of
December 2024
- Collegial KPI
Update
- Update Corporate
Action
- Ecosystem
Business
2 January - Update on the 1 1 1 1 1 1
13, 2025 Audit Progress
of BRI’s Financial
Statements as of 31
December 2024
- Preparation for the
High-Level Meeting
- Update on Support
for Government
Programs
3 January - Update Corporate 1 1 1 1 1 1
20, 2025 Action
- Update on the
2025 AGMS
- Buyback
4 January - Update on the 1 1 1 1 1 1
30, 2025 Audited Financial
Statements as of 31
December 2024
5 February - Adjustment of the 1 1 1 1 1 1
3, 2025 2025 RKAP and the
2025–2027 RBB
- 2024 Financial
Update and
Performance Press
Conference
- Keuangan TW IV
Tahun 2024
- Fourth Quarter
2024 Financial
Performance
6 February - Financial 1 1 1 1 1 1
4, 2025 Performance
Update as of
January 2025
7 February - Discussion on the 1 1 1 1 1 1
10, 2025 2025 RKAP and the
2025–2027 RBB
- 2025 Collegial KPIs
- Organizational
Structure Update
8 February - RUPST Subsidiary 1 1 1 1 1 1
17, 2025 AGMS
- OJK Concerns and
Directives on the
2025–2027 RBB
596 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Director of
Director of Director
Commercial, Director Director of
Digital and of Retail Director of Director in Total
Small and of Micro Consumer Quorum
Information Funding and Compliance attendance Director
Medium Business Business
Technology Distribution
Business
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 1 0 1 1 1 11 11 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 597
Page 598
Corporate
Governance
Director of
Vice Director Director
President Director of Wholesale and
No Date Agenda President of Risk of Human
Director Management
Finance Institutional
Director Capital
Business
9 February - Regional Office 1 1 1 1 1 1
24, 2025 Profit Target
Breakdown
- Proposed Non-
Performing Loan
(NPL) Ceiling for
2025
- Results of the
MSME Business
Index Survey – Q4
2024
10 March 3, - Proposed 2024 1 1 0 1 1 1
2025 Bonus Pool
- Corporate Action
Update
- Government
Program Support
Update
11 March 10, - Dividend on Net 1 1 1 1 1 1
2025 Profit for Fiscal
Year 2024
- Update on
Preparations for the
2025 BRI AGMS
- 2025 State-Owned
Enterprises Joint
Homecoming
Program
12 March 17, - Corporate Action 1 1 1 1 1 1
2025 Update
- 2025 Work Unit
Performance
Evaluation
Methodology
- Anti-Fraud Strategy
Board of Directors Meeting Period March 24 – December 31, 2025
Director of Director of
Vice Director Director Wholesale Commercial,
President Director of
No Date Agenda President of Risk of Human and Small and
Director Finance
Director Management Capital Institutional Medium
Business Business
1. April 16, - Government 1 1 1 1 1 1 1
2025 Program Support
Update
- Update on Decision-
Making Authority
by the Alternate
Director
2. May 5, - Proposed RO 1 1 1 1 1 1 1
2025 Organizational
Structure and KPIs
- Performance
Update as of April
2025
- Update on the
Board of Directors’
Fit and Proper Test
Presentation Deck
- Micro Business
Development
Strategy
- Retail and
Wholesale
Transaction Banking
Development
Strategy
- Human Capital
Development
Strategy
- Update on the
Indonesian Capital
City (IKN)
598 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Director of
Director of Director
Commercial, Director Director of
Digital and of Retail Director of Director in Total
Small and of Micro Consumer Quorum
Information Funding and Compliance attendance Director
Medium Business Business
Technology Distribution
Business
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 11 11 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
Director of Direktur
Director Director of Director of
Digital and Director of Treasury & Director in Total
of Micro Retail Funding Consumer Quorum
Information Compliance International Attendance Director
Business and Distribution Business
Technology Banking
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 599
Page 600
Corporate
Governance
Director of Director of
Vice Director Director Wholesale Commercial,
President Director of
No Date Agenda President of Risk of Human and Small and
Director Finance
Director Management Capital Institutional Medium
Business Business
3. May 19, - MSME Business 1 1 1 1 1 1 1
2025 Index – Q1 2025
- Discussion on the
Revised 2025 RKAP
Structure
- Wholesale
Transaction Banking
Development
Strategy
- Retail Funding
Development
Strategy
4. May 26, - Implementation 1 1 1 1 1 1 1
2025 of OJK Regulation
No. 30 of 2024
on Financial
Conglomerates
and Financial
Conglomerate
Holding Companies
- Update Corporate
Action
- Regional Treasury
Team Development
Plan
- Strategic Alignment
of Regional
Transaction Banking
5. June 10, - Alternative Board of 1 1 1 1 1 1 1
2025 Directors During the
Transition Period
- Performance
Update as of May
2025
- Fee-Based Income
Target Achievement
Strategy
6. June 16, - 2025 Key 1 1 1 1 1 0 1
2025 Performance
Indicators of the
Regional Office and
Operational Work
Units
- Q2 2025 Micro Loan
Achievement Action
Plan
- Q2 2025 SME Loan
Achievement Action
Plan
- Q2 2025 Current
Account Deposit
Achievement Action
Plan
- Business Loan
Segmentation
Review
7. June 25, - Update Corporate 1 1 1 1 1 1 1
2025 Action
- Revised 2025
RKAP and Revised
2025–2027 RBB
- Alternative Board of
Directors During the
Transition Period
8. June 30, - Update Fund 1 1 1 1 1 1 1
2025 Transfer Pricing
- Consumer Business
Directorate
Development
Strategy
- Forecast Update as
of June 2025
600 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Director of Direktur
Director Director of Director of
Digital and Director of Treasury & Director in Total
of Micro Retail Funding Consumer Quorum
Information Compliance International Attendance Director
Business and Distribution Business
Technology Banking
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
0 1 1 1 1 1 11 11 100%
0 1 1 1 1 1 10 10 100%
1 1 0 1 1 1 11 11 100%
1 1 1 1 1 1 12 12 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 601
Page 602
Corporate
Governance
Director of Director of
Vice Director Director Wholesale Commercial,
President Director of
No Date Agenda President of Risk of Human and Small and
Director Finance
Director Management Capital Institutional Medium
Business Business
9. July 07, Determination of Credit 1 1 1 1 1 1 1
2025 Segmentation and
Establishment of Credit
Approval Authority
(PDWK)
10. July 15, - 2025 Salary 1 1 1 1 1 1 1
2025 Increase Plan
- Promotion Cycle
- Review and
Proposed Changes
to the Structure and
Authority of the
Talent Committee
- Changes to BRI’s
Organizational
Structure
11. July 22, - Performance 1 1 1 1 1 1 1
2025 Update as of July
2025
- 2025 Overhead
Cost Allocation
- Cost of Fund Ratio
Calculation
12. July 29, - Performance 1 1 1 1 1 1 1
2025 Update as of June
2025 and Forecast
for July 2025
- BRINote Update
- Procurement
Process Update
- System
Improvements in
Operational Work
Units
- Proposed BRI
Participation in the
2025/2026 Super
League Sponsorship
13. August 4, - BMSI Update – Q2 1 1 1 1 1 1 1
2025 2025
- Revised 2025 RKAP
Segment Profit
Target
- Corporate Action
Update
- Implementation
of SIPK 2024 and
Proposed SIPK
2025
14. August 12, - Update Marketing 1 1 1 1 1 1 1
2025 Strategy Treasury
- Review Fund
Transfer Price (FTP)
15. August 19, - Salary Increase 1 1 1 1 1 1 1
2025 Plan and Wage
Recomposition
- Authority for
Rotation, Promotion,
and Recruitment
- Control
Improvement
Strategy
- Current Update and
Work Plan of the
Commercial Banking
Directorate
602 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Director of Direktur
Director Director of Director of
Digital and Director of Treasury & Director in Total
of Micro Retail Funding Consumer Quorum
Information Compliance International Attendance Director
Business and Distribution Business
Technology Banking
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 1 1 0 1 1 11 11 100%
1 1 1 1 1 1 12 12 100%
0 1 1 0 1 1 10 10 100%
1 1 1 1 1 1 12 12 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 603
Page 604
Corporate
Governance
Director of Director of
Vice Director Director Wholesale Commercial,
President Director of
No Date Agenda President of Risk of Human and Small and
Director Finance
Director Management Capital Institutional Medium
Business Business
16. August - Handshake Program 1 1 1 1 1 1 1
25, 2025
- Promotion Cycle
- Current Update and
Work Plan of the
Risk Management
Directorate
- Performance
Forecast Update as
of August 2025
- Consumer Business
Update (Mortgage
Loans/KPR)
- Update on BRI’s
External Audit
Results
17. Septem- - Salary 1 1 1 1 1 1 1
ber 2, Recomposition Plan
2025 2025
- BRI UMKM
EXPO(RT) Update
- Brilian Way
Internalization
Update
- Financial
Conglomeration
and Subsidiary
Restructuring
18. Septem- - Salary 1 1 1 1 1 1 1
ber 8, Recomposition Plan
2025 - Consolidated
Performance
Forecast Update
as of September
2025 and Collegial
Key Performance
Indicators
- Concept for the
Implementation of
the Subsidiaries
Forum Q3 2025
19. Septem- - Strategy to Achieve 1 1 1 1 1 1 1
ber 15, the 2025 Fee-Based
2025 Income Target
- Adjustment of
the Investigation
Mechanism and
Disciplinary
Sanction
Recommendations
- Adjustment of
the Disciplinary
Regulation
Provisions
20. Septem- - Discussion on the 1 1 1 1 1 1 1
ber 23, Alignment of Credit
2025 Facility Maturity
Dates and the
Adjustment of Billing
Dates for Briguna
Loan Products
- Performance
Forecast Update as
of September 2025
- Update Corporate
Action
604 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Director of Direktur
Director Director of Director of
Digital and Director of Treasury & Director in Total
of Micro Retail Funding Consumer Quorum
Information Compliance International Attendance Director
Business and Distribution Business
Technology Banking
1 0 1 1 1 1 11 11 100%
1 1 1 1 1 1 12 12 100%
1 0 1 1 0 1 10 10 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 605
Page 606
Corporate
Governance
Director of Director of
Vice Director Director Wholesale Commercial,
President Director of
No Date Agenda President of Risk of Human and Small and
Director Finance
Director Management Capital Institutional Medium
Business Business
21. October - BRILink Business 1 1 1 1 1 1 1
6, 2025 Update
- Mekaar Business
Update
- Update Collection
KPR
22. October - Rebranding Visual 1 1 1 1 1 1 1
13, 2025 Corporate
- RJPP 2026–2030
Update
- RKAP 2026 Update
- Series of Events
for BRI’s 130th
Anniversary
- CGPI 2025 Update
23. October - Update 1 1 1 1 1 1 1
20, 2025 Performance & RKA
BRI Finance
- Update
Performance Q3 All
Subsidiaries and
Subsidiaries Forum
Q3 2025
- Discussion on EDC
Strategy
- BRI Procurement
Process Update
- Update Corporate
Action
24. October - Discussion on 1 1 1 1 1 1 1
27, 2025 Collegial KPIs
- Forecast Update as
of October 2025
- BRI Analyst Meeting
for Q3 2025
- CGPI Update 2025
- Update on BRI’s
130th Anniversary
- Approval of Risk
Appetite and 2026
Recovery Action
Plan
25. November - Performance 1 1 1 1 1 1 1
10, 2025 Update for October
and Forecast for
November 2025
- Strategy for
Achieving Fee-
Based Income
Targets
- Update on BRI
Overseas Unit
Performance
- Proposal for
Changes to the
Conglomerate
Management
Committee
Structure
26. November - Biometric Platform 1 1 1 1 0 0 1
17, 2025 Review and Journey
- Discussion on the
World Economic
Forum
606 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Director of Direktur
Director Director of Director of
Digital and Director of Treasury & Director in Total
of Micro Retail Funding Consumer Quorum
Information Compliance International Attendance Director
Business and Distribution Business
Technology Banking
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 0 1 1 1 1 11 11 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 10 10 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 607
Page 608
Corporate
Governance
Director of Director of
Vice Director Director Wholesale Commercial,
President Director of
No Date Agenda President of Risk of Human and Small and
Director Finance
Director Management Capital Institutional Medium
Business Business
27. November - Discussion on 1 1 1 1 1 1 0
24, 2025 Write-Offs
- Share-Based
Compensation
Program
- Proposal for BRI
RBB 2026–2028
and BRI RKAP 2026
- Update on BRI
Performance
Forecast
- Sustainable Finance
Action Plan (RKAB)
- Series of
Extraordinary
General
Shareholders’
Meetings (RUPSLB)
28. December - Interim Dividend 1 1 1 1 1 1 1
8, 2025 - Update on Non-
Performing Loan
Performance
- Update on
Corporate Customer
Business
- Discussion on EDC
Strategy
29. December Update on the Series 1 0 1 1 1 1 1
15, 2025 of Events for BRI’s
130th Anniversary
30. December Organizational 1 1 1 1 1 1 1
18, 2025 Changes, Appointment
of Replacement
Directors, Regional
Office Supervisory
Directors & Members
of the Financial
Conglomerate, as well
as Changes to the
Board Committees
and December 2025
Forecast
31. December Update on December 1 1 1 1 1 1 1
28, 2025 2025 Performance
Forecast
Meetings of Board of Commissioners and Board of Directors
The meetings of the Board of Commissioners and Board of Directors has been presented in the Sub-Chapter Meeting of the
Board of Commissioners with the Board of Directors in the Chapter on Corporate Governance in this Annual Report.
608 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Director of Direktur
Director Director of Director of
Digital and Director of Treasury & Director in Total
of Micro Retail Funding Consumer Quorum
Information Compliance International Attendance Director
Business and Distribution Business
Technology Banking
1 1 0 0 0 1 8 8 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 11 11 100%
1 1 1 1 1 1 12 12 100%
1 1 1 1 1 1 12 12 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 609
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Corporate
Governance
Meeting Frequency and Attendance
Table of Frequency of Attendance of Board of Directors Meetings
Board of Directors Meeting
Tenure Period During
Name Position
2025
Number and Percentage of Attendance
Number of Number of
Percentage
Meetings Attendance
Hery Gunardi President Director March 24 – December 31, 2025 31 31 100%
Viviana Dyah Ayu R.K. Director of Finance January 1 – March 24, 2025 12 12 100%
Director of Finance & March 24 – December 17, 2025 29 28 97%
Strategy
Vice President Director December 17 – December 31, 2 2 100%
2025
Hakim Putratama Director of Operations March 24 – December 31, 2025 31 28 90%
Riko Adythia Director of Corporate March 24 – December 31, 2025 31 29 94%
Banking
Aquarius Rudianto Director of Network and March 24 – December 31, 2025 31 29 94%
Retail Funding
Farida Thamrin Director of Treasury and March 24 – December 31, 2025 31 31 100%
International Banking
Akhmad Purwakajaya Director of Micro March 24 – December 31, 2025 31 28 90%
Alexander Dippo Paris Director of Commercial March 24 – December 31, 2025 31 30 97%
Y.S. Banking
Saladin Dharma Director of Information March 24 – December 31, 2025 31 28 90%
Nugraha Effendi Technology
Mahdi Yusuf Director of Legal & December 17 – December 31, 2 2 100%
Compliance 2025
Aris Hartanto Director of Consumer December 17 – December 31, 2 2 100%
Banking 2025
Achmad Royadi Director of Finance & December 17 – December 31, 2 2 100%
Strategy 2025
Ety Yuniarti Director of Risk Management December 17 – December 31, 2 2 100%
2025
Nancy Adistyasari Director of Consumer March 24 – December 17, 2025 29 27 93%
Banking
Mucharom Director of Risk Management March 24 – December 17, 2025 29 29 100%
Sunarso President Director January 1 – March 24, 2025 12 12 100%
Catur Budi Harto Vice President Director January 1 – March 24, 2025 12 12 100%
Agus Noorsanto Director of Wholesale and January 1 – March 24, 2025 12 12 100%
Institutional Business
Vice President Director March 24 – December 17, 2025 29 28 97%
Handayani Director of Consumer January 1 – March 24, 2025 12 12 100%
Business
Supari Director of Micro Business January 1 – March 24, 2025 12 11 92%
Ahmad Solichin Director of Compliance January 1 – March 24, 2025 12 12 100%
Lutfiyanto
Director of Human Capital & March 24 – December 17, 2025 29 29 100%
Compliance
Agus Sudiarto Director of Risk Management January 1 – March 24, 2025 12 11 92%
Agus Winardono Director of Human Capital January 1 – March 24, 2025 12 12 100%
610 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Meeting of the Board of Commissioners and
GMS
the Board of Directors
Number and Percentage of Attendance Number and Percentage of Attendance
Number of Number of Number of Number of
Percentage Percentage
Meetings Attendance Meetings Attendance
10 10 100% 1 1 100%
5 5 100% 2 2 100
12 12 100%
- - -**
9 9 100% 1 1 100%
9 9 100% 1 1 100%
9 9 100% 1 1 100%
9 9 100% 1 1 100%
9 9 100% 1 1 100%
10 10 100% 1 1 100%
9 9 100% 1 1 100%
- - -** - - -*
- - -** - - -*
- - -** - - -*
- - -** - - -*
9 9 100% 1 1 100%
10 10 100% 1 1 100%
2 2 100% 1 1 100%
3 3 100% 1 1 100%
2 2 100% 2 2 100%
10 10 100%
2 2 100% 1 1 100%
3 3 100% 1 1 100%
3 3 100% 2 2 100%
9 9 100%
4 4 100% 1 1 100%
2 2 100% 1 1 100%
PT Bank Rakyat Indonesia (Persero) Tbk. 611
Page 612
Corporate
Governance
Board of Directors Meeting
Tenure Period During
Name Position
2025
Number and Percentage of Attendance
Number of Number of
Percentage
Meetings Attendance
Amam Sukriyanto Director of Commercial, Small January 1 – March 24, 2025 12 12 100%
and Medium Business
Arga M. Nugraha Director of Digital and January 1 – March 24, 2025 12 12 100%
Information Technology
Andrijanto Director of Retail Funding and January 1 – March 24, 2025 12 12 100%
Distribution
* Appointed at the Extraordinary GMS on December 17, 2025 and effectively serving since March 13, 2026.
** No joint meeting between the Board of Commissioners and the Board of Directors was held following the EGMS.
Training and/or Competency Improvement of Members of The Board of Directors
BRI is subject to and complies with OJK Regulation (POJK) Number 24 of 2022, which regulates banks’ obligations to carry out
sustainable management and development of the quality of human resources owned by the company. Training and/or improving
the competence of members of the Board of Directors has been regulated in the Decree of the Board of Directors NOKEP S.43-
DIR/ SKP/01/2018 concerning the Policy on Orientation and Education Programs for Directors and the Board of Commissioners.
In ensuring that all Directors understand the roles and responsibilities, characteristics, and operations of the Company, as well
as understand the latest developments in regulations and best practices, Therefore, BRI has a policy for the Board of Directors,
namely at least once a year the Board of Directors will improve competence or refresh knowledge through Executive Education
activities, certification, and other activities. The implementation of the Board of Directors education program aims to:
1. Increasing the insight and knowledge of the Board of Directors in accordance with their fields and business developments.
2. Increasing relationships and relationships with external stakeholders.
3. Supporting the implementation of duties and responsibilities that are supported by knowledge of educational outcomes.
4. Developing the professional knowledge, competence and leadership abilities of the Directors in line with the latest
developments in the industry and good corporate governance.
5. Similar to education, introduction and development programs for the Board of Directors became an important part of
the learning and development process of the Company in addition to strengthening the structure and strengthening the
governance of the Company.
Education programs are carried out by members of the Board of Directors at least once a year and/or as needed. The training
and or competency improvement that has been attended by active Directors during 2025 are as follows.
Types of Training and
Tenure Period Implementation
Name Position Development Materials Organizer
During 2025 Time and Place
Competence/Training
Hery Gunardi President March 24 – Risk Management Refresher Jakarta, November 27, BARa (Bankers
Director December 31, 2025 Program Level 7 2025 Association for Risk
Management)
Viviana Dyah Director of January 1 – March Risk Management Refresher Jakarta, November 27, BARa (Bankers
Ayu R.K. Finance 24, 2025 Program Level 7 2025 Association for Risk
Management)
Director of March 24 –
Finance & December 17, 2025
Strategy
Vice President December 17 –
Director December 31 2025
Hakim Director of March 24 – Risk Management Refresher Jakarta, November 27, BARa (Bankers
Putratama Operations December 31, 2025 Program Level 7 2025 Association for Risk
Management)
612 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Meeting of the Board of Commissioners and
GMS
the Board of Directors
Number and Percentage of Attendance Number and Percentage of Attendance
Number of Number of Number of Number of
Percentage Percentage
Meetings Attendance Meetings Attendance
2 2 100% 1 1 100%
2 2 100% 1 1 100%
2 2 100% 1 1 100%
Types of Training and
Tenure Period Implementation
Name Position Development Materials Organizer
During 2025 Time and Place
Competence/Training
Riko Adythia Director of March 24 – Risk Management Refresher Jakarta, November 27, BARa (Bankers
Corporate December 31, 2025 Program Level 7 2025 Association for Risk
Banking Management)
Aquarius Director of March 24 – Risk Management Refresher Jakarta, November 27, BARa (Bankers
Rudianto Network and December 31, 2025 Program Level 7 2025 Association for Risk
Retail Funding Management)
Farida Director of March 24 – Risk Management Orientation Jakarta, April 20-21, LSPP
Thamrin Treasury and December 31, 2025 and Certification Refreshment 2025
International Level 7
Banking
Orientation and Competency Jakarta, April 14-18, Apuvindo & ACI
Assessment for Treasury 2025
Advance Dealers
Akhmad Director of March 24 – Risk Management Orientation Jakarta, April 20-21, LSPP
Purwakajaya Micro December 31, 2025 and Certification Refreshment 2025
Level 7
Alexander Director of March 24 – Risk Management Orientation Jakarta, April 20-21, LSPP
Dippo Paris Commercial December 31, 2025 and Certification Refreshment 2025
Y.S. Banking Level 7
Saladin Director of March 24 – Risk Management Refresher Jakarta, November 27, BARa (Bankers
Dharma Information December 31, 2025 Program Level 2025 Association for Risk
Nugraha Technology Management)
Effendi
Mahdi Yusuf Director of Legal December 17 – Risk Management Orientation Jakarta, November 13, LPPI
& Compliance December 31, 2025 and Certification Refreshment 2025
Level 7
Aris Hartanto Director of December 17 – Risk Management Orientation Jakarta, December 23- LSPP
Consumer December 31, 2025 and Certification Refreshment 24, 2025
Banking Level 7
Joint Learning Program with Jakarta, October 15, PT. Danareksa
Cornell University 2025 – December 16, Asset Management
2025 (Danantara Indonesia)
Achmad Director of December 17 – Seminar Refreshment Jakarta, August 28, BARa (Bankers
Royadi Finance & December 31, 2025 Program: Risk Management 2025 Association for Risk
Strategy Certificate Level 77
Basic Insurance Training Jakarta, November 19- LPMA-STMA Trisakti
21, 2025
Ety Yuniarti Director of Risk December 17 – Risk Management Orientation Jakarta, October 05-6 LSPP
Management December 31, 2025 and Certification Refreshment 2025
Level 7
PT Bank Rakyat Indonesia (Persero) Tbk. 613
Page 614
Corporate
Governance
Types of Training and
Tenure Period Implementation
Name Position Development Materials Organizer
During 2025 Time and Place
Competence/Training
Nancy Director of March 24 – Risk Management Refresher Jakarta, November 27, BARa (Bankers
Adistyasari Consumer December 17, 2025 Program Level 7 2025 Association for Risk
Banking Management)
Mucharom Director of Risk March 24 – Sharing Session with Jakarta, September 2, BRI
Management December 17, 2025 Board of Directors 2025
Sunarso President January 1 – March Speaker in Kompas 100 Jakarta, February 17, Kompas and Indonesia
Director 24, 2025 Outlook x BEI: Sustainable 2025 Stock Exchange
Investment in the Global
Business Ecosystem
Catur Budi Vice President January 1 – March 24, Risk Management Refresher Jakarta, November 27, BARa (Bankers
Harto Director 2025 Program Level 7 2025 Association for Risk
Management)
Agus Director of January 1 – March Risk Management Refresher Jakarta, November 27, BARa (Bankers
Noorsanto Wholesale and 24, 2025 Program Level 7 2025 Association for Risk
Institutional Management)
Business
Vice President March 24 –
Director December 17, 2025
Handayani Director of January 1 – March 24, Sharing Session with Jakarta, March 3, 2025 BRI
Cosumer 2025 Board of Directors
Business
Supari Director of January 1 – March 24, BRIDS Macro Day Speaker: Jakarta, March 17, 2025 BRI Danareksa
Micro Business 2025 Current Purchasing Power Sekuritas
Ahmad Director of January 1 – March 24, Risk Management Refresher Jakarta, November 27, BARa (Bankers
Solichin Compliance 2025 Program Level 7 2025 Association for Risk
Lutfiyanto Management)
Director of March 24 –
Human Capital & December 17, 2025
Compliance
Agus Director of Risk January 1 – March 24, BDSP MRR Education February 26, 2025 LPPI
Sudiarto Management 2025 Resource Person
Agus Director of January 1 – March 24, Resource person on Jakarta, February 5, BRI HC Academy
Winardono Human Capital 2025 Strengthening HC 2025
Capabilities To Enhance
Optimal Business
Performance
Amam Director of January 1 – March 24, Sharing Session with Jakarta, March 3, 2025 BRI
Sukriyanto Commercial, 2025 Board of Directors
Small and
Medium
Business
Arga M. Director of January 1 – March 24, Sharing Session with Jakarta, March 3, 2025 BRI
Nugraha Digital and 2025 Board of Directors
Information
Technology
Andrijanto Director of Retail January 1 – March 24, Speaker at BRI UMKM Expo & ICE BSD, January 30, BRI
Funding and 2025 BRI Microfinance Outlook 2025
Distribution
Orientation Program for New Board of Directors
BRI has a company orientation and introduction policy for newly appointed members of the Board of Directors. Orientation is
given in relation to their duties and responsibilities. The Orientation Program is organized by the Corporate Secretary for new
members of the Board of Directors. This orientation program is implemented to comply with Regulation No. PER-2/MBU/03/2023
dated March 3, 2023, concerning Guidelines for Governance and Significant Corporate Activities of State-Owned Enterprises,
Article 43 stipulates that members of the Board of Commissioners/Supervisory Board and members of the Board of Directors
who are appointed for the first time must be given an introduction program regarding the relevant BUMN. The orientation
program for new Directors was in the form of:
614 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
1. Requesting presentations to obtain explanations on various aspects deemed necessary, involving the relevant business
unit/divisions.
2. Holding meetings with members of the Board of Commissioners/Directors to discuss various current issues in the Company
or other required information.
3. Conducting visits to various business locations of Bank BRI.
4. Requesting data/documents related to the vision and mission of the Company, Bank BRI policies, Medium and long-term
Strategy and Plans, performance, and finances of Bank BRI.
5. Conducting discussions with the relevant Business Unit to obtain explanations on various aspects deemed necessary and
provide feedback to the relevant Business Unit.
The implementation of the new Directors’ orientation program during 2025 is as follows.
Types of Training and
Implementation
Name Position Development Materials Organizer
Time and Place
Competence/Training
Hery Gunardi President Director 1. Corporate Strategy (RKAP BRI Head Office Internal - Related
2025, RBB 2025–2027) Group
Agus Noorsanto Vice President Director 2. Risk Management (Risk
Appetite Statement, Bank
Hakim Putratama Director of Operations Soundness Level & Risk
Profile)
Riko Adythia Director of Corporate Banking 3. Update on Banking
Regulations
Aquarius Rudianto Director of Network and Retail
Funding
Akhmad Purwakajaya Director of Micro
Alexander Dippo Director of Commercial Banking
Paris Y S
Nancy Adistyasari Director of Consumer Banking
Mucharom Director of Risk Management
Saladin D. Effendi Director of Information Technology
Farida Thamrin Director of Treasury and
International Banking
Risk Management Certification
Certification/ Refreshment
Name Position Tenure Period During 2025
Certification Publication
Level
Institution Year
Hery Gunardi President Director March 24 – December 31, 2025 LSPP 7 2025
Viviana Dyah Ayu R.K. Director of Finance January 1 – March 24, 2025 LSPP 7 2025
Director of Finance & Strategy March 24 – December 17, 2025
Vice President Director December 17 – December 31,
2025
Hakim Putratama Director of Operations March 24 – December 31, 2025 LSPP 7 2025
Riko Adythia Director of Corporate Banking March 24 – December 31, 2025 LSPP 7 2025
Aquarius Rudianto Director of Network and Retail March 24 – December 31, 2025 LSPP 7 2025
Funding
Farida Thamrin Director of Treasury and March 24 – December 31, 2025 LSPP 7 2025
International Banking
Akhmad Purwakajaya Director of Micro March 24 – December 31, 2025 LSPP 7 2025
PT Bank Rakyat Indonesia (Persero) Tbk. 615
Page 616
Corporate
Governance
Certification/ Refreshment
Name Position Tenure Period During 2025
Certification Publication
Level
Institution Year
Alexander Dippo Director of Commercial March 24 – December 31, 2025 LSPP 7 2025
Paris Y.S. Banking
Saladin Dharma Director of Information March 24 – December 31, 2025 LSPP 7 2025
Nugraha Effendi Technology
Mahdi Yusuf Director of Legal & December 17 – December 31, BSMR 7 2024
Compliance 2025
Aris Hartanto Director of Consumer Banking December 17 – December 31, LSPP 7 2024
2025
Achmad Royadi Director of Finance & Strategy December 17 – December 31, LSPP 7 2025
2025
Ety Yuniarti Director of Risk Management December 17 – December 31, LSPP 7 2025
2025
Nancy Adistyasari Director of Consumer Banking March 24 – December 17, 2025 LSPP 7 2025
Mucharom Director of Risk Management March 24 – December 17, 2025 LSPP 7 2025
Sunarso President Director January 1 – March 24, 2025 LSPP 7 2024
Catur Budi Harto Vice President Director January 1 – March 24, 2025 LSPP 7 2024
Agus Noorsanto Director of Wholesale dan January 1 – March 24, 2025 LSPP 7 2025
Institutional Business
Vice President Director March 24 – December 17, 2025
Handayani Director of Consumer January 1 – March 24, 2025 LSPP 7 2024
Business
Supari Director of Micro Business January 1 – March 24, 2025 LSPP 7 2024
Ahmad Solichin Director of Compliance January 1 – March 24, 2025 BSMR 7 2025
Lutfiyanto
Director of Human Capital & March 24 – December 17, 2025
Compliance
Agus Sudiarto Director of Risk Management January 1 – March 24, 2025 LSPP 7 2025
Agus Winardono Director of Human Capital January 1 – March 24, 2025 LSPP 7 2024
Amam Sukriyanto Director of Commercial, Small January 1 – March 24, 2025 LSPP 7 2024
and Medium Business
Arga M. Nugraha Director of Digital and January 1 – March 24, 2025 LSPP 7 2024
Information Technology
Andrijanto Director of Retail Funding and January 1 – March 24, 2025 LSPP 7 2024
Distribution
Decisions and Implementation of Directors Duties
During 2025, the Board of Directors carried out the duties and responsibilities, including but not limited to:
1. Carry out GMS consisting of 1 (one) Annual GMS and 1 (one)Extraordinary GMS.
2. Prepare the Company’s Long Term Plan (RJPP), Bank Business Plan, Company Work Plan and Budget and other work plans
3. Prepare Annual Reports and Financial Reports.
4. Ensure that the Bank’s accounting system complies with financial accounting standards and internal control principles,
especially in terms of financial management, recording, storage and supervision.
5. Ensure the adequacy of processes and systems to identify, assess and control the risks faced by the Bank.
6. Carry out internal meetings of the Board of Directors and with related divisions.
7. Create organizational structure, tasks and define clear responsibilities including appointment of management.
8. Ensuring the Company’s strategy is running effectively.
616 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
In addition, the decisions of the Board of Directors were decided through a Committee forum formed by the Board of Directors
as well as the Board of Directors Meeting Forum reported in detail in the 2025 Board of Directors Meeting Sub-Chapter in the
Corporate Governance Chapter of this Annual Report.
Performance Assessment of Committees Under The Board of Directors and The Basis of
The Assessment
In supporting the effectiveness and efficiency of carrying out the duties and responsibilities of managing the Bank, BRI’s Board
of Directors is assisted by ten committees that report directly to the Board. As of December 31, 2025, BRI has 10 (ten) committees
under the Board of Directors as follows:
No Committee Decision Letter Number
1. Asset and Liability Committee (ALCO) 5892-DIR/PPM/11/2025
2. Credit Policy Committee 5893-DIR/PPM/11/2025
3. Environmental, Social & Governance (ESG) Committee 5894-DIR/PPM/11/2025
4 Human Capital Committee 5895-DIR/PPM/11/2025
5. Information Technology Steering Committee 5896-DIR/PPM/11/2025
6. Procurement Committee 5897-DIR/PPM/11/2025
7. Product Committee 5898-DIR/PPM/11/2025
8. Risk Management Committee 5899-DIR/PPM/11/2025
9. Transformation Steering Committee 5904-DIR/PPM/11/2025
10. Financial Conglomeration Governance 5905-DIR/PPM/11/2025
The evaluation procedure for Committees is conducted annually through reports submitted by the Committees to the Board
of Directors. The evaluation is based on performance results, including each Committee’s contribution to the Company, as
reflected in reports and recommendations submitted to the Board of Directors. The Board of Directors assesses that in 2025, all
Committees will have carried out their duties optimally. The performance of the Board-supporting Committees is discussed in
full in the Subsection on the Board of Directors Committees.
Mechanism of Resignment and Termination of Board of Directors
Dismissal The term of office of a member of the Board of Directors ends when:
1. Passed away
2. End of tenure
3. Dismissed at the GMS, due to reasons deemed appropriate by the General Meeting of Shareholders for the interests and
objectives of the Company.
4. Declared bankrupt by a Commercial Court decision with permanent legal force or put under remission based on a court
decision.
5. No longer meets the requirements as a member of the Board of Directors based on BRI’s Articles of Association and other
applicable laws and regulations, including prohibited concurrent positions, as well as resignation. A member of the Board
of Directors has the right to resign from his position by notifying BRI in writing of his intention and BRI is obliged to hold a
General Meeting of Shareholders to decide on the request for resignation of a member of the Board of Directors within a
period of no later than 60 (sixty) days after receipt of the letter of resignation. Board of Commissioners.
PT Bank Rakyat Indonesia (Persero) Tbk. 617
Page 618
Corporate
Governance
13. Provide supervision and advice in the formulation and
Board of Commissioners implementation of the Company’s strategy.
14. The Board of Commissioners is prohibited from
participating in decision making on the Company’s
Board of Commissioners Duties and operational activities, except:
Responsibilities
a. Provision of funds to related parties as regulated
The Board of Commissioners is in charge of supervising in the provisions regarding the Maximum Limit for
management policies, the general course of management Providing Bank Loan; and
both regarding the Company and the Company’s business b. Other matters stipulated in the Company’s Articles
carried out by the Board of Directors as well as providing of Association or applicable laws and regulations.
advisory committees to the Board of Directors including Decision making on the Company’s operational
supervision of the implementation of the Company’s Long- activities by the Board of Commissioners as referred
Term Plan, Work Plan and Company’s Budget as well as to in point d is part of the supervisory duties of the
the provisions of the Articles of Association and Meeting Board of Commissioners so that it does not negate
Resolutions. General Shareholders, as well as applicable the responsibility of the Board of Directors for the
laws and regulations, for the benefit of the Company and implementation of the Company’s management.
in accordance with the purposes and objectives of the 15. Supervise the Board of Directors’ follow-up on audit
Company. findings or examinations and recommendations from
the Bank’s Internal Audit Business Unit, External Auditor,
In carrying out its duties, the Board of Commissioners is results of supervision by the Financial Services Authority,
obliged to: and/or results of supervision by other authorities.
1. Carry out duties, authority and responsibilities in good 16. Report to the Financial Services Authority no later than 5
faith and with the principle of prudence. (five) working days after discovery:
2. Provide advice, direct, monitor and evaluate the a. Violations of laws and regulations in the fields of
implementation of integrated governance, risk finance, banking and those related to the Bank’s
management and compliance as well as the Bank’s business activities; and/or
strategic policies, in accordance with the provisions of b. Circumstances or predicted conditions that could
laws and regulations, the articles of association and/or endanger the continuity of the Company’s business.
GMS decisions. 17. In order to support the effective implementation of its
3. Provide opinions and approval for the Company’s Annual duties and responsibilities, the Board of Commissioners
Work Plan and Budget as well as other work plans is obliged to form at least:
prepared by the Board of Directors, in accordance with a. Audit Committee;
the provisions. b. Nomination and Remuneration Committee;
4. Follow developments in the Company’s activities, c. Risk Management Monitoring Committee; and
provide opinions and suggestions to the GMS regarding d. Integrated Governance Committee.
any issues deemed important for the management of the 18. Ensure that the committees formed by the Board of
Company. Commissioners carry out their duties effectively.
5. Report to Series A Dwiwarna Shareholders if there are 19. Evaluate the performance of committees that help carry
symptoms of declining Company performance. out their duties and responsibilities on a regular basis.
6. Propose to the GMS the appointment of a Public 20. In implementing supervision related to the Risk
Accountant who will audit the Company’s books. Management function, the Board of Commissioners has
7. Examine and review periodic reports and annual reports the authority, duties and responsibilities:
prepared by the Board of Directors and sign the annual a. Conduct evaluation and approval of Risk Management
report. policies and strategies;
8. Provide explanations, opinions and suggestions to the b. Conduct evaluation of the Board of Directors’
GMS regarding the Annual Report, if requested. accountability for the implementation of Risk
9. Prepare minutes of meetings of the Board of Management policies and strategies as referred to in
Commissioners and keep a copy. letter a; and
10. Report to the Company regarding his and/or his family’s c. Carry out supervision and provide advice on the
share ownership in the Company and other Companies. implementation of Risk Management functions
11. Provide a report on the supervisory tasks that have been in accordance with the provisions of laws and
carried out during the previous financial year to the GMS. regulations, articles of association, and/or decisions
12. Provide explanations regarding all matters asked or of the GMS/ Minister.
requested by Series A Dwiwarna shareholders, taking 21. In carrying out supervision related to the Internal Audit
into account the laws and regulations, especially those function, the Board of Commissioners has the authority,
that apply in the Capital Market sector. duties and responsibilities:
618 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
a. Ensure that the Board of Directors of BUMN and b. Implement nomination policies:
BUMN Subsidiaries have an Internal Audit Unit (SPI) i. Provide recommendations regarding the
that carries out the Internal Audit function; system and procedures for the selection and/or
b. Provide approval for the appointment and dismissal replacement of members of the Board of Directors
of the head of SPI proposed by the Board of Directors; and members of the Board of Commissioners to
c. Ensure that SPI has access to information and/or the GMS;
data regarding BUMN that is necessary to carry out ii. Provide recommendations regarding candidates
its duties; for members of the Board of Directors and/
d. Provide approval for the Internal Audit Charter or candidates for members of the Board of
proposed by the Board of Directors by taking into Commissioners to the GMS; and
account the proposals from SPI; iii. Conduct evaluations and assessments of the
e. Review the effectiveness and efficiency of the Internal performance of the Board of Directors. More
Control System based on information obtained from detailed regulations regarding the authority,
SPI at least once in 1 (one) year; duties, and responsibilities of the Nomination
f. Appoint an independent quality controller from an and Remuneration function are regulated in the
external party to conduct a review of SPI performance General Policy on Human Capital and the Rules of
(quality assurance review) at least once in 3 (three) Procedure of the Nomination and Remuneration
years; and Committee.
g. Carry out supervision and provide advice on the 24. Have guidelines and work regulations that are binding
implementation of other Internal Audit functions for each member of the Board of Commissioners, which
in accordance with the provisions of laws and must at least include:
regulations, articles of association, and/or decisions a. Duties, responsibilities, and authorities of the Board
of the GMS/ Minister. of Commissioners;
22. In implementing supervision related to the Integrated b. Regulation of authority and decision procedures of
Governance function, the Board of Commissioners has the Board of Commissioners;
the authority, duties and responsibilities: c. Regulation of work ethics of the Board of Commissioners;
a. Evaluate and approve the Integrated Governance d. Regulation of meetings of the Board of Commissioners;
policy. e. Prohibitions against the Board of Commissioners;
b. Supervise the implementation of Integrated f. Evaluation of the performance of the Board of
Governance in BUMN Subsidiaries to align with the Commissioners; and
Parent BUMN Risk Management policy. g. Pattern of working relations between the Board of
c. Supervise the implementation of the duties and Commissioners and the Board of Directors.
responsibilities of the Board of Directors of the 25. Provide time to carry out tasks and responsibilities
Parent BUMN, and provide direction or advice to optimally in accordance with work guidelines and
the Board of Directors of the Parent BUMN on the regulations.
implementation of the Integrated Governance policy. 26. Maintain all data and information related to the Bank
d. Evaluate the Integrated Governance policy and submitted by the Board of Directors, and in accordance
provide direction for improvement. with the provisions of laws and regulations.
e. Supervise the implementation of Integrated 27. Carry out other obligations in the context of supervisory
Governance in BUMN Subsidiaries to align with the and advisory duties, as long as they do not conflict with
Integrated Governance policy of the Parent BUMN laws and/ or GMS decisions.
and BUMN Subsidiaries.
f. Supervise and provide advice on the implementation Each member of the Board of Commissioners was jointly
of other Integrated Governance functions in and severally responsible for the Company’s losses caused
accordance with the provisions of laws and by mistakes or negligence of members of the Board of
regulations, articles of association, and/or decisions Commissioners in carrying out their duties, unless the
of the GMS/Minister. member of the Board of Commissioners concerned could
23. In implementing supervision related to the Remuneration prove:
and Nomination functions, the Board of Commissioners 1. The loss was not due to his fault or negligence;
has the authority, duties and responsibilities: 2. Had carried out supervision in good faith, full of
a. Implement remuneration policies in accordance with responsibility, and prudence for the benefit and in
the OJK Regulation regarding the implementation of accordance with the aims and objectives of the Company;
governance in providing remuneration for commercial
banks.
PT Bank Rakyat Indonesia (Persero) Tbk. 619
Page 620
Corporate
Governance
3. Did not have a conflict of interest, either directly or 10. Take actions to manage the Company under certain
indirectly, over supervisory actions that resulted in conditions for a certain period of time in accordance with
losses; and the provisions of the Company’s Articles of Association.
4. Had taken action to prevent the occurrence or 11. Attend Board of Directors meetings and provide views on
continuation of the loss. matters discussed
12. Approved the appointment and dismissal of the
Corporate Secretary and/or Head of the Internal Audit
President Commissioner Duties and Business Unit.
Responsibilities 13. Provide written approval for the actions of the Board of
Directors as stipulated in Article 12 paragraph 7 of the
The President Commissioner has the duties and
Company’s Articles of Association.
responsibilities to:
14. Carry out other supervisory authorities as long as they
1. Lead the implementation of the Board of Commissioners’
do not conflict with the laws and regulations, the Articles
meeting and the Board of Commissioners’ Meeting with
of Association and/or the resolutions of the GMS
the Board of Directors.
15. The duties, rules of procedure, and other requirements
2. Lead the implementation of the General Meeting of
for the Board of Commissioners’ Secretary to perform
Shareholders (GMS).
their functions are set out in a separate Guideline.
3. Coordinate and monitor the implementation of the work
program of the Board of Commissioners.
4. Coordinate the activities of the Board of Commissioners
Decision Needs Approval of The Board of
in the context of supervising the implementation of the
Commissioners
duties and responsibilities of the Board of Directors.
The Company’s Articles of Association regulate the decisions
Rights and Authorities of The Board of of the Board of Directors which must be approved by the
Commissioners Board of Commissioners, namely:
1. Releasing/transferring and/or pledging the Company’s
The Board of Commissioners has the authority to: assets, except for assets that are recorded as inventory
1. Verify books, letters, and other documents, review cash and assets in the context of carrying out main business
for verification purpose and other securities, and check activities that are commonly carried out by companies
the Company’s assets. engaged in the banking sector based on the criteria and
2. Enter the yard, building and office used by the Company. values according to the Limits of Authority of the Board
3. Requesting an explanation from the Board of Directors of Commissioners and with due observance of laws and
and/or other officials regarding all issues related to the regulations invitations in the capital market and banking
management of the Company. sector.
4. Knowing all policies and actions that have been and will 2. Write off fixed assets due to certain conditions which:
be carried out by the Board of Directors. a. Lost;
5. Requesting the Board of Directors and/or other officials b. Destroyed;
under the Board of Directors with the knowledge of the c. Damaged and cannot be transferred (total loss);
Board of Directors to attend the Board of Commissioners d. The transfer costs are greater than the economic
meeting. value obtained from the transfer;
6. Appoint and dismiss a Secretary to the Board of e. Dismantled to be rebuilt or built into other fixed
Commissioners, at the suggestion of the Series A assets, the budget for which has been determined
Dwiwarna Shareholder. through the ratification of the Company’s Work Plan
7. Establish an Audit Committee and other committees, if and Budget (RKAP);
deemed necessary, taking into account the Company’s f. Dismantled not to be rebuilt in connection with other
capabilities. programs that have been planned in the RKAP;
8. Use experts for certain matters and for a certain period g. Dismantled to be rebuilt in connection with
of time at the expense of the Company, if deemed government programs; and/or
necessary. h. Based on laws and/or court decisions that have
9. Dismiss members of the Board of Directors temporarily permanent legal force, the fixed assets are no longer
by stating the reasons if the Member of the Board of owned or controlled by the Company.
Directors acts contrary to the Company’s Articles of 3. Establish cooperation with business entities or other
Association or there are indications of taking actions parties, in the form of joint operation (KSO), business
that are detrimental to the Company or neglecting their cooperation (KSU), licensing cooperation, Build, Operate
obligations or there are urgent reasons for the Company. and Transfer (BOT), Build, Transfer, and Operate (BTO),
620 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Build, Operate and Own /BOO) and other agreements Board of Commissioners Tenure
that have the same nature as the criteria and values in
accordance with the Limits of Authority of the Board of
The members of the Board of Commissioners are appointed
Commissioners.
for a period starting from the closing date of the GMS or the
4. Determine and change the Company’s logo.
date determined by the GMS that appointed them and at the
5. Establish an organizational structure 1 (one) level below
latest until the closing of the 5th (fifth) Annual GMS after the
the Board of Directors.
date of their appointment, but without reducing the right of the
6. Make capital investments, releasing capital investments
GMS to dismiss the members of the Board of Commissioners
including changes in capital structure with a certain
at any time before their term of office ends by taking into
value determined by the Board of Commissioners in
account the provisions in the Capital Market and Banking
other companies, subsidiaries and joint ventures that are
sector. Members of the Company’s Board of Commissioners
not in the context of rescuing receivables by taking into
whose term of office ends may be reappointed by the GMS
account provisions in the Capital Market and Banking
with an accumulated term of office at the longest until the
sectors.
closing of the 10th (tenth) Annual GMS.
7. Establish subsidiaries and/or joint ventures with a certain
value determined by the Board of Commissioners by
taking into account provisions in the Capital Markets and
Banking sectors.
The Board of Commissioners Criteria
8. Propose representatives of the Company to become
The criteria for members of the BRI Board of Commissioners
candidates for Members of the Board of Directors
are compiled based on OJK Regulation Number 34/
and Board of Commissioners in subsidiaries that
POJK.04/2014 concerning the Nomination and
make significant contributions to the Company and/
Remuneration Committee of Issuers or Public Companies,
or have strategic value as determined by the Board of
OJK Regulation Number 17 of 2023 concerning the
Commissioners.
Implementation of Governance for Commercial Banks,
9. Carry out mergers, amalgamations, takeovers,
OJK Regulation Number 27/03.POJK/2016 concerning the
separations and dissolutions of subsidiaries and joint
Assessment of Capability and Compliance for Main Parties
ventures with a certain value determined by the Board of
of Financial Services Institutions and internal provisions
Commissioners by taking into account provisions in the
of the BRI Board of Commissioners Decree of the Board
Capital Markets and Banking sectors.
of Commissioners Number Decree 07-KOM/BRI/07/2015
10. Carry out actions which are included in material
concerning the Nomination Policy for Members of the Board
transactions as determined by the laws and regulations
of Commissioners and Board of Directors.
in the capital markets sector with a certain value
determined by the Board of Commissioners, unless the
actions are included in material transactions which are
excluded by the laws and regulations in force in the
Capital Markets sector.
11. Actions that have not been stipulated in the RKAP.
PT Bank Rakyat Indonesia (Persero) Tbk. 621
Page 622
Corporate
Governance
Those who may be appointed as members of the Board of Commissioners are individuals who meet the
General Qualification
following requirements at the time of appointment and during their term of office:
Minister of State-Owned Enterprises Regulation Number PER-3/MBU/03/2023
To be appointed as a member of the Board of Commissioners of a State-Owned Enterprise (SOE) or a
member of the Board of Commissioners of a Subsidiary, an individual must meet the following formal
requirements:
a. An individual;
b. Legally capable of performing acts in law;
c. Has not been declared bankrupt within five (5) years prior to appointment;
d. Has never served as a member of the Board of Directors or Board of Commissioners/Supervisory Board
and been found responsible for causing an SOE, subsidiary, or other business entity to be declared
bankrupt within five (5) years prior to appointment; and
e. Has never been convicted of a criminal offense causing financial loss to the State, an SOE, a subsidiary,
another business entity, or related to the financial sector within five (5) years prior to appointment.
POJK Number 17 of 2023
Members of the Board of Commissioners are prohibited from holding concurrent positions:
a. As a member of the board of directors, member of the board of commissioners, member of the sharia
supervisory board, or executive officer at a financial institution or financial company, whether a bank or
non-bank;
b. As a member of the board of directors, member of the board of commissioners, member of the sharia
supervisory board, or executive officer at more than 1 (one) non-financial institution or company,
whether domiciled in or outside the country;
c. In the field of functional duties at a bank financial institution and/or non-bank financial institution
domiciled in or outside the country;
d. In other positions that may give rise to a conflict of interest in carrying out duties as a member of the
Board of Commissioners; and/or
e. Other positions in accordance with the provisions of laws and regulations.
Prospective Members of the Board of Commissioners must obtain approval from the OJK Regulation before
Fulfillment of OJK Regulation
carrying out their actions, duties and functions as Members of the Board of Commissioners. In obtaining the
No.27/03. POJK/2016 on
said approval, Members of the Board of Commissioners must meet the requirements of integrity, financial
Fit and Proper Test for Main
reputation, and competence in the fit-and-proper assessment conducted by the OJK.
Entity of Financial Services
Institution
Integrity Requirements:
a. Legally capable of performing acts in law;
b. Possess good character and morals, at a minimum demonstrated by adherence to applicable
regulations, including never having been convicted of a criminal offense within a specified period prior
to nomination;
c. Committed to complying with laws and regulations and supporting the policies of the Financial Services
Authority;
d. Committed to the development of a sound Financial Services Institution;
e. Not included among parties prohibited from serving as a key party
Financial Reputation Requirements:
a. Has no non-performing loans and/or financing;
b. Has never been declared bankrupt and/or has never been a shareholder, Controller of an Insurance
Company (other than a shareholder), member of the Board of Directors, or member of the Board of
Commissioners who was found responsible for causing a company to be declared bankrupt within the
five (5) years prior to nomination;
Financial Eligibility Requirements:
a. Possess a good financial reputation;
b. Have financial capacity to support the business development of the Financial Services Institution;
c. Commit to taking necessary actions should the Financial Services Institution encounter financial
difficulties.
Member of the Board of Commissioners shall have:
Fulfillment of OJK Circular
1. Adequate knowledge in the banking field, relevant to the position.
Letter 39/SEOJK.03/ 2016
2. Experiences and skills in banking and/or financial fields.
concerning Fit and Conformity
3. Capabilities to carry out strategic management for the bank’s soundness development.
Assessment for Prospective
Controlling Shareholders,
Prospective Members of
the Board of Directors, and
Prospective Members of the
Board of Commissioners of
Banks
622 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 623
Annual Report
2025
Board of Commissioners Work Guidelines and Rules of Procedure
The Board of Commissioners has a Work Guideline and Work Rules for the Board of Commissioners, which were ratified in
the Decree of the BRI Board of Commissioners Number 06-KOM/05/2024 dated May 28, 2024. The Rules of Procedure of
the Board of Commissioners serve as a reference for the Board of Commissioners in carrying out its duties and as a basis
for implementing Good Corporate Governance for the Board of Commissioners. The contents of the Guidelines and Rules of
Procedure of the Board of Commissioners are as follows:
Chapter Discussion
Introduction
Chapter I 1.1 Legal Basis
1.2 General Understanding
Company Values, Organizational Structure, and Code of Ethics
Chapter II 2.1 Company Values
2.2 Organizational Structure, Membership and Code of Ethics
Work Guidelines and Regulations
3.1 Objectives, Authorities, Duties and Responsibilities
3.2 Prohibitions
3.3 Division of Work
Chapter III 3.4 Working Hours
3.5 Self-Assessment
3.6 Meeting Governance and Decision Making
3.7 Orientation and Training of the Board of Commissioners
3.8 Reports and Correspondence
Chapter IV Closing
Board of Commissioners Supervision Duties
The supervisory duties of the Board of Commissioners are as follows.
Table of Duties of the Board of Commissioners for the Period January 1, 2025 to March 24, 2025
Name Position Duties
Kartika Wirjoatmodjo President Commissioner ▪ Nomination and Remuneration Committee
▪ Integrated Governance Committee
Rofikoh Rokhim Vice President Commissioner / ▪ Chairman of the Audit Committee
Independent Commissioner ▪ Nomination and Remuneration Committee
▪ Integrated Governance Committee
▪ Risk Management Monitoring Committee
Rabin Indrajad Hattari Commissioner ▪ Nomination and Remuneration Committee
▪ Risk Management Monitoring Committee
Dwi Ria Latifa Independent Commissioner ▪ Nomination and Remuneration Committee
▪ Risk Management Monitoring Committee
Heri Sunaryadi Independent Commissioner ▪ Chairman of Nomination and Remuneration Committee
▪ Integrated Governance Committee
▪ Risk Management Monitoring Committee
▪ Audit Committee
Paripurna Poerwoko Sugarda Independent Commissioner ▪ Chairman of Integrated Governance Committee
▪ Nomination and Remuneration Committee
Agus Riswanto Independent Commissioner ▪ Nomination and Remuneration Committee
▪ Audit Committee
Nurmaria Sarosa Independent Commissioner ▪ Chairman of Risk Management Monitoring Committee
▪ Nomination and Remuneration Committee
Awan Nurmawan Nuh Commissioner ▪ Nomination and Remuneration Committee
▪ Risk Management Monitoring Committee
Haryo Baskoro Wicaksono Independent Commissioner ▪ Nomination and Remuneration Committee
▪ Integrated Governance Committee
▪ Risk Management Monitoring Committee
▪ Audit Committee
PT Bank Rakyat Indonesia (Persero) Tbk. 623
Page 624
Corporate
Governance
Table of Duties of the Board of Commissioners for the Period March 24, 2025 to December 31, 2025
Nama Jabatan Bidang Tugas
Kartika Wirjoatmodjo President Commissioner ▪ Nomination and Remuneration Committee
▪ Integrated Governance Committee
▪ Risk Management Monitoring Committee
Parman Nataatmadja Vice President Commissioner / ▪ Chairman of Risk Management Monitoring Committee
Independent Commissioner ▪ Nomination and Remuneration Committee
▪ Audit Committee
Awan Nurmawan Nuh Commissioner ▪ Nomination and Remuneration Committee
▪ Risk Management Monitoring Committee
Helvi Yuni Moraza Commissioner ▪ Nomination and Remuneration Committee
▪ Risk Management Monitoring Committee
Edi Susianto Independent Commissioner ▪ Chairman of Nomination and Remuneration Committee
▪ Chairman of Audit Committee
▪ Integrated Governance Committee
Lukmanul Khakim Independent Commissioner ▪ Chairman of Integrated Governance Committee
▪ Nomination and Remuneration Committee
Concurrent Position of The Board of e. In the field of functional duties at a bank financial
Commissioner Policy institution and/or non-bank financial institution
domiciled in or outside the country;
The policy of concurrent positions of members of the BRI f. In other positions that may give rise to a conflict of
Board of Commissioners refers to the provisions of the interest in carrying out duties as a member of the
OJK Regulation Number 17 of 2023 dated September 14, Board of Commissioners;
2023 concerning the Implementation of Governance for g. Other positions in accordance with the provisions of
Commercial Banks and the Regulation of the Minister of laws and regulations.
State-Owned Enterprises Number PER-3/MBU/03/2023 2. Does not include concurrent positions, if:
concerning Organs and Human Resources of State-Owned a. Members of the Board of Commissioners serve as
Enterprises, with the following details: members of the Board of Directors, members of the
1. Members of the Board of Commissioners are prohibited Board of Commissioners or executive officers who
from holding concurrent positions: carry out supervisory functions in 1 (one) non-bank
a. As a member of the Board of Directors, member of subsidiary company controlled by the Bank;
the Board of Commissioners, member of the Sharia b. Non-Independent Commissioners carry out
Supervisory Board, or executive officer at a financial functional duties from the Bank’s shareholders in the
institution or financial company, both bank and form of legal entities in the Bank and/or the Bank’s
nonbank; business group; and/or
b. As a member of the Board of Directors, member of c. Members of the Board of Commissioners hold
the Board of Commissioners, member of the Sharia positions in non-profit organizations or institutions.
Supervisory Board, or executive officer in more than 3. Candidates for members of the Board of Commissioners
1 (one) non-financial institution or company, whether who have positions as intended in number 2 are required
domiciled at home or abroad; to make a statement to:
c. As a member of the Board of Commissioners/ a. Maintain integrity.
Supervisory Board of a BUMN, except based on a b. Avoid all forms of conflict of interest.
special assignment from the Minister. c. Avoid actions that could harm the Bank and/or cause
d. As a member of the Board of Directors of a BUMN, the Bank to violate the precautionary principle while
other business entity, or holding a position that, based serving as a member of the Board of Commissioners.
on laws and regulations, is prohibited from being 4. Independent Commissioners are prohibited from
held concurrently with the position of a member of holding concurrent public office positions.
the Board of Commissioners/Supervisory Board of a
BUMN, or a position that may give rise to a conflict of
interest with the BUMN concerned;
624 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 625
Annual Report
2025
Table of Concurrent Positions of the Board of Commissioners for the Period from January 1, 2025 to March 24, 2025
Position at Other Companies/ Name of Company/ Other
Name Position
Institutions Institutions
Kartika Wirjoatmodjo President Commissioner Deputy Minister of State-Owned Ministry of State-Owned Enterprises
Enterprises
Rofikoh Rokhim Vice President Commissioner / Lecturer and Researcher Universitas Indonesia (University of
Independent Commissioner Indonesia)
Corporate and Trade Assessment Indonesia Stock Exchange
Committee Member
Rabin Indrajad Hattari Commissioner Secretary of the Ministry of State- Ministry of State-Owned Enterprises
Owned Enterprises
Dwi Ria Latifa Independent Commissioner Lawyer Law Office of Ria Latifa & Partners
President Commissioner PT Bersua Utama Indonesia
Heri Sunaryadi Independent Commissioner Independent Commissioner PT Tower Bersama Infrastructure
Tbk
Nurmaria Sarosa Independent Commissioner - -
Agus Riswanto Independent Commissioner - -
Paripurna Poerwoko Independent Commissioner Lecturers Universitas Gadjah Mada
Sugarda
President Commissioner PT Kaltim Methanol Industri
Awan Nurmawan Nuh Commissioner Inspector General Ministry of Finance
Haryo Baskoro Independent Commissioner - -
Wicaksono
Table of Concurrent Positions of the Board of Commissioners for the Period from March 24, 2025 to December 31, 2025
Position at Other Companies/ Name of Company/ Other
Name Position
Institutions Institutions
Kartika Wirjoatmodjo President Commissioner - -
Parman Nataatmadja Vice President Commissioner / - -
Independent Commissioner
Helvi Yuni Moraza Commissioner Deputy Minister of MSMEs Ministry of MSMEs
Awan Nurmawan Nuh Commissioner Inspector General Ministry of Finance
Edi Susianto Independent Commissioner - -
Lukmanul Khakim Independent Commissioner - -
Affiliated Relationship of the Board of Commissioners
Information related to the financial and family relationships of members of the Board of Directors and members of the Board
of Commissioners with other members of the Board of Directors, other members of the Board of Commissioners, and/or the
controlling shareholders of the Bank has been presented in the Company Profile Chapter of this Annual Report.
Board of Commissioners Conflict of Interest Management
Management of Conflicts of Interest of the Board of Commissioners is regulated in the Company’s Board of Commissioners’
Guidelines and Rules of Procedure as follows:
1. Each Commissioner is required to safeguard information that, under prevailing laws and regulations, must be kept
confidential, including provisions on insider trading and other information not yet disclosed to the public by the Company.
2. Each Commissioner is required to disclose:
a. Their share ownership in the Company as well as in other companies, both domestic and abroad.
b. Financial and family relationships with other members of the Board of Commissioners and members of the Board of
Directors, including their family members.
c. Other information that, according to laws and regulations, must be disclosed to the public.
3. Commissioners are prohibited from participating in decision-making related to banking operational activities and/or any
decisions that may give rise to conflicts of interest.
4. In carrying out their duties, responsibilities, and authorities, Commissioners are prohibited from using the Company for personal,
family, other company, or third-party interests in a manner that conflicts with laws, regulations, and the Company’s code of ethics.
PT Bank Rakyat Indonesia (Persero) Tbk. 625
Page 626
Corporate
Governance
Board of Commissioners who have a conflict of interest in that the number of Independent Commissioners should be
the Company’s transaction and/or corporate action must at least 50% (fifty percent) of the total number of members
declare such conflict of interest, and therefore, he/she is not of the Board of Commissioners. As of December 31, 2025,
included in the decision-making process of such transaction there were 3 (three) people out of 6 (six) members of the
and/or corporate action. Any transaction involving a conflict Board of Commissioners (50%). This composition ensures
of interest shall first obtain the approval of the independent that the Company adheres to high corporate governance
shareholders before execution. standards and provides transparent, independent oversight
of its activities.
In 2025, there were no BRI corporate transactions or actions
containing a conflict of interest by the Board of Commissioners. Independent Commissioner Determination
Criteria
Independent Commissioner The criteria for Independent Commissioners refer to the
provisions of OJK Regulation no. 17 of 2023 dated September
The Board of Commissioners has fulfilled the requirements 14, 2023 concerning Implementation of Governance
of OJK Regulation No. 17 of 2023, issued on September 14, for Commercial Banks. The criteria for Independent
2023, regarding Governance Implementation for Commercial Commissioners are as follows:
Banks. The regulation states
Period from January 1, 2025 to March 24, 2025
Independent Commissioner
Independent Commissioner Criteria
RR DRL HS NS AR PPS HBW
Not a person who works or has the authority and √ √ √ √ √ √ √
responsibility to plan, lead, control, or supervise
the activities of the Issuer or Public Company
within the last 6 (six) months, except for
reappointment as Independent Commissioner
of the Issuer or Public Company in the following
period
Do not own shares directly or indirectly in the √ √ √ √ √ √ √
Issuer or Public Company
Has no affiliation with the Issuer or Public √ √ √ √ √ √ √
Company, members of the Board of
Commissioners, members of the Board of
Directors, or significant shareholder of the Issuer
or Public Company
Does not have a business relationship, directly or √ √ √ √ √ √ √
indirectly related to the business activities of the
Issuer or Public Company
Information :
RR Rofikoh Rokhim HS Heri Sunaryadi AR Agus Riswanto HBW Haryo Baskoro Wicaksono
DRL Dwi Ria Latifa NS Nurmaria Sarosa PPS Paripurna Poerwoko Sugarda
626 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 627
Annual Report
2025
Period from March 24, 2025 to December 31, 2025
Independent Commissioner
Independent Commissioner Criteria
PN ES LK
Not a person who works or has the authority and responsibility to plan, √ √ √
lead, control, or supervise the activities of the Issuer or Public Company
within the last 6 (six) months, except for reappointment as Independent
Commissioner of the Issuer or Public Company in the following period
Do not own shares directly or indirectly in the Issuer or Public Company √ √ √
Has no affiliation with the Issuer or Public Company, members of √ √ √
the Board of Commissioners, members of the Board of Directors, or
significant shareholder of the Issuer or Public Company
Does not have a business relationship, directly or indirectly related to the √ √ √
business activities of the Issuer or Public Company
Information :
PN Parman Nataatmadja ES Edi Susianto LK Lukmanul Khakim
Independent Commissioner’s Statement
Rofikoh Rokhim Dwi Ria Latifa
PT Bank Rakyat Indonesia (Persero) Tbk. 627
Page 628
Corporate
Governance
Nurmaria Sarosa Haryo Baskoro Wicaksono
Heri Sunaryadi Paripurna Poerwoko Sugarda Agus Riswanto
Parman Nataatmadja Edi Susianto Lukmanul Khakim
628 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 629
Annual Report
2025
Board of Commissioners’ Meetings 8. In special situations, which are extraordinary in nature
(extraordinary situation) related to sudden proposals
from the Board of Directors and require immediate
Meeting Policy decision-making, the Board of Commissioners may call
a meeting in less than 1 (one) day or at any time through
The implementation of the Board of Commissioners’ meeting
any media that is possible in the situation.
was regulated in the Board of Commissioners’ Guidelines
9. The meeting guidelines is set as follows:
and Rules of Conduct.
1. Board of Commissioners Meetings, consisting of Internal Board a. The meeting invitation must include the event/
of Commissioners Meetings and Board of Commissioners agenda, date, time, and venue of the meeting.
Meetings with the invitation of the relevant Field Director and/ b. The meeting is held at the Company’s domicile or
or Senior Executive Vice President (SEVP). elsewhere within the territory of the Republic of
2. Meeting of the Board of Commissioners and Directors, Indonesia or at the Company’s place of business.
namely a meeting of the Board of Commissioners with c. The agenda and schedule of the meeting are the
the Directors and/or with the relevant SEVP. responsibility of the Secretary of the Board of
Commissioners by considering input from the Board
Meeting of the Board of Commissioners and Directors took of Commissioners.
place on an ongoing basis and can be initiated by the Board d. The Secretary of the Board of Commissioners is
of Commissioners or the Board of Directors in order to obtain responsible for assisting, organizing and preparing
a unified view and alignment of actions, including the Board the meeting, preparing, and distributing the meeting
of Commissioners in supervising and providing advice. agenda and discussion materials.
e. In the event that the Board of Commissioners
Meeting Organizing Mechanism meeting invites the Board of Directors/Directors,
1. Meetings of the Board of Commissioners shall be held the Secretary of the Board of Commissioners may
periodically at least once a month. coordinate with the Company’s Secretariat Division
2. Meeting with Directors shall be held periodically at least f. The materials for the Board of Commissioners
once in four months. meeting inviting the Board of Directors/Directors
3. The meetings may be held at any time at the request must be provided to the Board of Commissioners
of one or more Commissioners or at the request of the no later than three working days before the meeting
Directors, stating the matters to be discussed. takes place, so that the Board of Commissioners
4. The meeting call must be made by the President has the opportunity to review the information and/or
Commissioner. If the President Commissioner is request additional information before the meeting.
prevented or absent, which does not need to be 10. The meeting is legitimate and has the right to take binding
proven to a third party, then the meeting call for the decision if attended or represented by more than half of
Board of Commissioners is made by the Deputy total member of the Board of Commissioners.
President Commissioner and if the Deputy President 11. Meeting materials for the Board of Commissioners are
Commissioner is not present or absent or prevented, distributed to all meeting participants no later than 5
which does not need to be proven to a third party, then (five) working days before the meeting is held, unless the
the meeting call can be made by a member of the Board meeting is held outside of schedule, meeting materials
of Commissioners. can be submitted before the meeting is held.
5. The Meeting Call by the Board of Commissioners with the
Board of Directors must be made in writing and delivered Decision-Making
or submitted directly to each member of the Board of 1. The decisions of the Board of Commissioners Meeting
Commissioners with adequate receipt, or electronic mail shall be based on deliberation to reach a consensus. If
(e-mail) no later than five days before the meeting is a decision based on deliberation to reach consensus is
held, without taking into account the date of the call and not reached, the decision shall be taken by voting, with a
the date of the meeting, or in a shorter time if in urgent majority of the total legitimate votes cast at the meeting.
circumstances. 2. The meeting chairman shall inform the conclusion and
6. The Board of Commissioners meeting invitation shall be decision at the end of every meeting.
in writing, and delivered physically or through electronic 3. All meeting decisions are binding for all members of the
media. Board of Commissioners.
7. The meeting invitations as stated above are not required 4. Any recommendations proposed by the Committee and
for meetings that have been scheduled by the decision in requiring the approval of the Board of Commissioners can
the meeting held previously. be made through a meeting mechanism and/or written
approval from the Board of Commissioners (circular).
PT Bank Rakyat Indonesia (Persero) Tbk. 629
Page 630
Corporate
Governance
meeting and is not entitled to participate in voting on
5. Member of the Board of Commissioners can have
matters relating to the transaction or contract.
a proxy in the meeting by other member of the Board
e. Invited guests are not granted any authority in
of Commissioners with written attorney specifically
decision-making.
provided for such matter and a member of the Board of
Commissioners can only represent one other member
2. The Board of Commissioners may also take a valid
of the Board. In this proxy, the absence members of the
decision without holding the Board of Commissioners
Board of Commissioners can submit his/her opinions
Meeting, provided that all members of the Board of
on the concurrence of the meeting discussions and this
Commissioners have been notified in writing and all
opinion will be legitimately valid.
members of the Board of Commissioners have given
6. If a member of the Board of Commissioners and/or
their written approval and signed the agreement. The
Directors cannot attend the meeting physically, then a
decisions taken have the same validity as decisions taken
member of the Board of Commissioners and/or Directors
legitimately at the Board of Commissioners Meetings.
shall participate in the discussion via teleconference,
3. Decision-making related to granting approval to the
video conference, or other electronic media according to
Board of Directors’ proposal must be carried out no later
applicable rules.
than 15 (fifteen) working days since the final proposal
is submitted or becomes an agenda for the Board of
Voting Rights
Commissioners Meeting and/or Board of Commissioners
1. Voting rights in the meeting is stipulated as follows:
and Board of Directors Meeting or in writing for circular
a. Every Member of the Board of Commissioners has decisions;
the right to cast one vote and one additional vote for 4. All Board of Commissioners Meetings are chaired by
a legitimate proxy at the meeting. the President Commissioner, and in the event that the
b. The abstaining vote is considered as an affirmative President Commissioner is absent or unable to attend,
vote in the meeting. Invalid votes are considered in a matter that does not need to be proven to a third
nonexistent and are not counted to determine the party, the Board of Commissioners Meeting is chaired
number of votes cast in the meeting. by the Vice President Commissioner. In the event that
c. Voting on persons is conducted with closed ballots the Vice President Commissioner is absent or unable to
without signature, whereas voting on other matters is attend due to any reason, in a matter that does not need
carried out verbally, unless the chairman determines to be proven to a third party, the Board of Commissioners
otherwise without objection based on the majority of meeting shall be chaired by a member of the Board of
votes present. Commissioners present and elected at the meeting.
d. Every Member of the Board of Commissioners who 5. In every meeting, minutes of the meeting must be made
personally, in any way, directly or indirectly, has containing the matters discussed and matters decided.
an interest in a proposed transaction, contract, or The minutes of the meeting constitute valid evidence
proposed contract in which the Company is a party, for Members of the Board of Commissioners and third
shall be declared the nature of its interests in a parties regarding the decisions taken at the relevant
meeting.
Meeting of The Board of Commissioners
2025 Meeting Plan
The 2025 Board of Commissioners Meeting Plans and Joint Meeting of the Board of Commissioners with the Board of Directors:
No Key Materials/Discussion Agenda
1 Realization and Periodic Evaluation of Company Performance, including the 2024 Consolidated Financial Statements (Audited)
2 Proposed Bank Business Plan (RBB) and Company Work Plan and Budget (RKAP) for the following year, along with revisions
3 Proposed BRI Sustainable Finance Action Plan
4 Meeting of the Board of Commissioners
5 Evaluation and/or Appointment of a Public Accounting Firm (KAP).
6 Preparation for the 2025 Annual General Meeting of Shareholders
7 Nomination of the Company's Management and Subsidiaries of PT Bank Rakyat Indonesia (Persero) Tbk
8 Remuneration of the Company's Management
630 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 631
Annual Report
2025
No Key Materials/Discussion Agenda
9 Proposed Collegial Key Performance Indicators (KPI) for the Board of Directors
10 Review of Human Resource Management Strategy
11 Changes to the Organizational Structure of PT Bank Rakyat Indonesia (Persero) Tbk
12 Credit Approval Report by the Board of Directors to the Board of Commissioners
13 Discussion of the Parent Risk Profile and Integrated Risk Profile.
14 Semester-Only Monitoring of Bank Soundness Level
15 Monitoring of Semester-Only Compliance Function
16 Implementation Report on the Implementation of AML, CFT, PPPSPM Policies
17 Report on the Implementation of Anti-Fraud Strategies
18 Report on the Main Audit Results at BRI and Subsidiaries and Quarterly Reports
19 Review of the Implementation of Integrated Governance in Financial Conglomerates
20 Evaluation of Supporting Organs of the Board of Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
21 Board of Commissioners Working Meeting
2026 Meeting Plan
The 2026 Board of Commissioners Meeting Plans and Joint Meeting of the Board of Commissioners with the Board of Directors:
No Key Material/Discussion Agenda
1 Realization and Periodic Evaluation of Company Performance, including the 2025 Consolidated Financial Statements (Audited)
2 Proposed Bank Business Plan (RBB) and Company Work Plan and Budget (RKAP) for the following year, along with revisions
3 Proposed BRI Sustainable Finance Action Plan
4 Update on the Company’s Business Strategy for each loan segment
5 Nomination of the Company's Management and Subsidiaries of PT Bank Rakyat Indonesia (Persero) Tbk
6 Remuneration of the Company's Management
7 Proposed Collegial Key Performance Indicators (KPI) for the Board of Directors
8 Review of Human Resource Management Strategy
9 Monitoring the implementation of Brivolution Reignite
10 Credit Approval Report by the Board of Directors to the Board of Commissioners
11 Discussion of the Parent Risk Profile and Integrated Risk Profile.
12 Semester-Only Monitoring of Bank Soundness Level
13 Monitoring of Semester-Only Compliance Function
14 Implementation Report on the Implementation of AML, CFT, PPPSPM Policies
15 Report on the Implementation of Anti-Fraud Strategies
16 Report on the Main Audit Results at BRI and Subsidiaries and Quarterly Reports
17 Performance Review of Controlled Entities and Subsidiaries as part of BRI Group supervision
18 Evaluation of Supporting Organs of the Board of Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
19 Meeting of the Board of Commissioners
20 Evaluation of Supporting Organs of the Board of Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
21 Preparation for the 2026 Annual General Meeting of Shareholders
22 Board of Commissioners Working Meeting
PT Bank Rakyat Indonesia (Persero) Tbk. 631
Page 632
Corporate
Governance
No Key Material/Discussion Agenda
23 Changes to the Organizational Structure of PT Bank Rakyat Indonesia (Persero) Tbk
24 Evaluation and/or Appointment of a Public Accounting Firm (KAP).
25 Supervision of ICoFR implementation
Realization of The Board of Commissioners Meeting
REALIZATION OF MEETING OF THE BOARD OF COMMISSIONERS
Board of Commissioners Meeting for the Period from January 1, 2025 to March 24, 2025
Present Total Board
Board of
No Day & Date Agenda KW ANN RR RIH DRL HS NS PPS AR HBW Commis- of Commis- Quorum SEVP
Directors
sioner sioners
1 Tuesday, Discussion on 1 1 1 1 1 1 1 1 1 1 10 10 100% Viviana
January 7, the Proposal for Dyah
2025 Approval of the Ayu R.K
2025 Board of (Director of
Directors' Colle- Finance)
gial KPI
2 Tuesday, Approval of the 0 1 1 1 1 1 1 1 1 1 9 10 90% Yulianto
January 7, 2025 Annual Setiawan
2025 Audit Plan (PAT) (SKAI)
3 Tuesday, Update on the 0 1 1 1 1 1 1 1 1 1 9 10 90% A Solichin
January 7, Progress of Lutfianto
2025 ICoFR (Dir.Kep);
Implementation Agus Sudi-
arto (Dir
MR); Viv-
iana Dyah
Ayu R.K (Dir.
Keu))
4 Tuesday, Credit 1 1 1 1 1 1 1 1 1 1 10 10 100% Agus Sudi-
January 14 Consultation arto (Dir
2025 MR); Amam
Sukriyanto
(Dir Bisnis
Kecil & Me-
nengah)
5 Tuesday, Strategy for Man- 1 1 1 1 1 1 1 1 1 1 10 10 100% - -
January aging Negative
21, 2025 News/Sentiment
from External and
Internal Sources
6 Tuesday, Risk Profile for 1 1 1 1 1 1 1 1 1 1 10 10 100% A Solichin
January Q4/2024 and Lutfianto
21, 2025 Bank Soundness (Dir.Kep);
Level for Semes- Agus Sudi-
ter II/2024 arto (Dir
MR);
7 Thursday, Implementation 1 0 1 1 1 1 1 1 1 1 9 10 90% Yulianto
Januariy Report and Main Setiawan
30, 2025 Highlights of the (SKAI)
Q4 2024 Audit
Report
8 Tuesday, 1. Preparation 1 1 1 1 1 1 1 1 1 0 9 10 90%
February for the 2024
4, 2025 Annual GMS;
2. Appointment
of the 2024
GMS leader-
ship.
9 Tuesday, 2024 Board of 1 1 1 1 1 1 1 1 1 0 9 10 90% Sunarso
February Directors Perfor- (President
4, 2025 mance Evaluation Director)
632 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 633
Annual Report
2025
Present Total Board
Board of
No Day & Date Agenda KW ANN RR RIH DRL HS NS PPS AR HBW Commis- of Commis- Quorum SEVP
Directors
sioner sioners
10 Tuesday, Implementation 1 1 1 1 1 1 1 1 1 1 10 10 100% A Solichin Yulianto
February of the Anti-Fraud Lutfianto Setiawan
11, 2025 Strategy for Se- (Dir.Kep); (SKAI)
mester II 2024 Agus Sudi-
arto (Dir
MR);
11 Tuesday, Compliance Re- 1 1 1 1 1 1 1 1 1 1 10 10 100% A Solichin
February port for Semester Lutfianto
11, 2025 II 2024 (Dir.Kep)
12 Tuesday, Implementation of 1 1 1 1 1 1 1 1 1 1 10 10 100% A Solichin
February BRI's Anti-Fraud Lutfianto
11, 2025 and Counter-Ter- (Dir.Kep)
rorism (AML/CFT)
Policy for Quar-
ter-II of 2024
13 Monday, Approval of the 1 1 1 0 1 1 1 1 1 1 9 10 90% Agus Sudi-
February Revised Update arto (Dir
17, 2025 of BRI's Recovery MR);
Plan for 2024-
2025
14 Tuesday, Appointment of - 1 1 - - 1 1 1 1 1 7 7 100% - -
February the 2025 GMS
25, 2025 leadership
15 Tuesday, Update on Busi- - 1 1 - - 1 1 1 1 1 7 7 100% Sunarso -
March 4, ness Conditions (President
2025 for Quarter-II Director);
of 2024, Future Supari
Strategic Plan, (Director of
and Governance Micro Busi-
Implementation ness); Viv-
at PT Permodalan iana Dyah
Nasional Madani Ayu R.K
(PNM) (Director of
Finance)
16 Tuesday, Results of the - 1 1 - - 1 1 1 1 1 7 7 100% Agus Yulianto
March 4, Micro Manpower Winardono Setiawan
2025 Planning Review (Dir HC); (SKAI)
17 Tuesday, SKAI investigative - 1 1 - - 1 1 1 1 1 7 7 100% Yulianto
March 4, audit results Setiawan
2025 (SKAI)
18 Tuesday, IT governance - 1 1 - - 1 1 1 1 1 7 7 100% Arga Maha- Yulianto
March 11, and security na (Dir IT); Setiawan
2025 systems in BRI (SKAI)
applications
19 Tuesday, Update on Busi- - 1 1 - - 1 1 1 1 1 7 7 100% Sunarso
March 11, ness Conditions (Direktur
2025 for Quarter-II Utama);
of 2024, 2025 Supari
Strategic Plan, (Dir Bisnis
and Evaluation Mikro); Viv-
of Governance iana Dyah
Implementation Ayu R.K (Dir.
at PT Pegadaian Keu)
(Pegadaian)
20 Tuesday, Condition Update - 1 1 - - 1 1 1 1 1 7 7 100% Sunarso
March 18, Business for (Direktur
2025 Quarter-II of Utama);
2024, 2025 Viviana
Strategic Plan, Dyah Ayu
and Evaluation of R.K (Dir.
PT BRI Ventura Keu)
Investama (BRI
Ventures)
Governance
Implementation
Notes :
0 : Not present 1 : Present
KW Kartika Wirjoatmodjo RIH Rabin Indrajad Hattari NS Nurmaria Sarosa AR Agus Riswanto
ANN Awan Nurmawan Nuh DRL Dwi Ria Latifa PPS Paripurna Poerwoko Sugarda HBW Haryo Baskoro Wicaksono
RR Rofikoh Rokhim HS Heri Sunaryadi
PT Bank Rakyat Indonesia (Persero) Tbk. 633
Page 634
Corporate
Governance
Board of Commissioners Meeting for the Period from March 24, 2025 to December 31, 2025
Present Total Board
Board of
No Day & Date Agenda KW ANN PN ED HYM LK Commis- of Commis- Quorum Quorum
Directors
sioner sioners
21 Wednesday, Meeting of the Board of 1 1 - - - - 2 2 100% - -
April 9, 2025 Commissioners
22 Tuesday, April a. Update on business 1 1 - - - - 2 2 100% Viviana Dyah -
15, 2025 conditions for the Ayu R.K
second half of 2024, (Director of
the 2025 strategic Finance)
plan, and evaluation of
the implementation of
corporate governance at
PT BRI Life;
b. Discussion on the
evaluation of the
implementation
of the Board of
Commissioners'
oversight.
23 Tuesday, April a. Update on Business 1 1 - - - - 2 2 100% Alexander -
15, 2025 Conditions for the Dippo Paris
second half of 2024, Y. S (Dir
Future Strategic Plans, Commercial),
and the Implementation
of Corporate
Governance at PT BRI
Multifinance Indonesia;
b. Discussion on the
Evaluation of the
Implementation of
Corporate Supervision
by the Board of
Commissioners at
PT BRI Multifinance
Indonesia
24 Tuesday, April Performance Evaluation of 1 1 - - - - 2 2 100% Hery Gunardi 100%
22, 2025 PT Bank Raya Indonesia, (President
Corporate Governance, Director);
and the Implementation of Agus
Corporate Supervision by the Noorsant
Board of Commissioners at (Deputy
PT Bank Raya Indonesia Tbk President
for the second half of 2024 Director);
Akhmad
Purwakajaya
(Director of
Micro)
25 Tuesday, Risk Profile for Quarter-I 1 1 - - - - 2 2 100% Hery Gunardi 100%
April 29, 2025 of 2025 (President
Director);
Agus
Noorsant
(Deputy
President
Director);
A Solichin
(Director
of HC &
Compliance);
Viviana
(Director of
Finance);
Akhmad
Purwaka
(Director
of Micro);
A Dippo
(Director of
Commercial);
Farida
(Director of
Treasury);
Riko (Director
of Corp
Banking);
Aquarius
(Director of
Network);
Nancy
(Director of
Consumer);
Hakim
(Director
of Ops);
Mucharom
(Director of
Mr); Saladin
(Director
of IT)
634 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 635
Annual Report
2025
Present Total Board
Board of
No Day & Date Agenda KW ANN PN ED HYM LK Commis- of Commis- Quorum Quorum
Directors
sioner sioners
26 Tuesday, May a. Update on business 1 1 - - - - 2 2 100% Viviana Dyah 100%
6, 2025 conditions for the Ayu R.K
second half of 2024, (Director of
the 2025 strategic Finance)
plan, and evaluation of
the implementation of
corporate governance
at PT BRI Asuransi
Indonesia (BRINS);
b. Discussion on the
evaluation of the
implementation of
corporate supervision
by the Board of
Commissioners
27 Tuesday, May Audit Implementation 1 1 - - - - 2 2 100% Yulianto
6, 2025 Report and Key Highlights Setiawan
for Quarter-I of 2025 (SKAI)
28 Tuesday, May Evaluation of the 1 1 - - - - 2 2 100% Farida
20, 2025 Performance, Governance, (Director of
and Supervision of the Treasury),
Board of Commissioners Viviana
of PT BRI Danareksa (Director of
Sekuritas (BRIDS) for Finance)
Quarter-II of 2024 and
Quarter-I of 2025
29 Tuesday, May a. Business condition 1 1 - - - - 2 2 100% Nancy (Dir
20, 2025 update for Quarter-II of Consumer)
2024, 2025 strategic
plan, and evaluation of
the implementation of
governance at PT BRI
Manajemen Investasi
(BRI-MI);
b. Discussion on the
evaluation of the
implementation of
supervision by the Board
of Commissioners.
30 Tuesday, May Request for Approval 1 1 - - - - 2 2 100% A Solichin
27, 2025 of Amendments to (Dir Hc &
Anti-Money Laundering Compliance)
(AML), Counter-Terrorism
Financing (CFT), and
Counter-Proliferation
of Weapons of Mass
Destruction (PPPSPM)
Policies.
31 Thursday, Credit Consultation 1 1 - - - - 2 2 100% Riko (Dir Corp Ety Yuniarti
June 5, 2025 Banking) (Retail Risk)
32 Tuesday, Review of liquidity risk 1 1 - - - - 2 2 100% Viviana Ety Yuniarti
June 17, 2025 management and treasury (Dir Keu), (Retail Risk)
balance sheet structure Farida (Dir
Treasury),
Mucharom
(Dir Mr),
33 Tuesday, July Loan Consultation 1 1 - - - - 2 2 100% Riko (Dir Corp
1, 2025 Banking),
Mucharom
(Dir Mr)
34 Tuesday, July BRI Supervised Branch 1 1 - - - - 2 2 100% Farida (Dir
15, 2025 Office Performance Update Treasury),
Mucharom
(Dir Mr),
35 Tuesday, July Risk Profile for Quarter-II 1 1 - - - - 2 2 100% Mucharom Yulianto
22, 2025 of 2025, Bank Soundness (Dir Mr) (SKAI), Ety
Level for the First Half Yuniarti
of 2025, and Anti-Fraud (Retail Risk)
Strategy for the First Half
of 2025
PT Bank Rakyat Indonesia (Persero) Tbk. 635
Page 636
Corporate
Governance
Present Total Board
Board of
No Day & Date Agenda KW ANN PN ED HYM LK Commis- of Commis- Quorum Quorum
Directors
sioner sioners
36 Tuesday, July Implementation of 1 1 - - - - 2 2 100% Solichin
22, 2025 anti-money laundering, (Dir Hc &
counter-terrorism Compliance)
financing, and counter-
funding of weapons of
mass destruction (AML,
CFT, and PPPSPM) policies
for the first half of 2025
37 Tuesday, July Approval of BRI's Revised 1 1 - - - - 2 2 100% Mucharom Yulianto
22, 2025 2025 Risk Appetite (Dir Mr) (SKAI), Ety
Statement Yuniarti
(Retail Risk)
38 Tuesday, July Implementation of the 1 1 - - - - 2 2 100% Yulianto
22, 2025 Compliance Function for (SKAI),
the First Half of 2025
39 Tuesday, July Audit Implementation 1 1 - - - - 2 2 100% Yulianto
29, 2025 Report and Highlights for (SKAI),
the First Half of 2025 and
Quarter-II of 2025
40 Tuesday, Approval of the 2025 1 1 - - - - 2 2 100% Yulianto
August 5, Annual Audit Planning (SKAI),
2025 Addendum
41 Tuesday, PMO Performance Update: 1 1 - - - - 2 2 100% Viviana (Dir
August 5, BRIvolution Reignite Keu),
2025
42 Tuesday, Loan Consultation 1 1 - - - - 2 2 100% Riko (Dir Corp
August 19, Banking),
2025 Mucharom
(Dir Mr)
43 Tuesday, Approval of Adjustments 1 1 - - - - 2 2 100% Yulianto
August 19, to the 2025 Annual Audit (SKAI),
2025 Planning (PAT) Addendum
44 Tuesday, a. Update on Business 1 1 - - - - 2 2 100% Viviana (Dir
August 26, Conditions for the Keu), Akhmad
2025 First Half of 2025, the Purwaka (Dir
2025 Strategic Plan, Micro)
and Evaluation of the
Implementation of Good
Corporate Governance
at PT Permodalan
Nasional Madani (PNM);
b. Discussion on the
Evaluation of the
Implementation of
Supervision by the
Board of Commissioners
45 Tuesday, Proposed Approval of 1 1 - - - - 2 2 100% Viviana (Dir
September BRI's 2025 Collegial and Keu)
02, 2025 Individual KPIs
46 Tuesday, a. Update on Business 1 1 - - - - 2 2 100% Viviana (Dir
September Conditions for the Keu), Akhmad
02, 2025 First Half of 2025, the Purwaka (Dir
2025 Strategic Plan, Micro)
and Evaluation of the
Implementation of Good
Corporate Governance
at PT Pegadaian;
b. Discussion on the
Evaluation of the
Implementation
of Supervision
by the Board of
Commissioners.
47 Tuesday, a. Business Condition 1 1 - - - - 2 2 100% Viviana (Dir
September Update for Semester Keu), Hakim
09, 2025 I/2025, Future Strategic (Dir Ops)
Plan, and Governance
Implementation of
PT Asuransi BRI
Indonesia (BRINS);
b. Discussion on the
Evaluation of the
Implementation of
Supervision by the
Board of Commissioners
of
PT Asuransi BRI
Indonesia (BRINS)
636 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 637
Annual Report
2025
Present Total Board
Board of
No Day & Date Agenda KW ANN PN ED HYM LK Commis- of Commis- Quorum Quorum
Directors
sioner sioners
48 Tuesday, a. Business Condition 1 1 - - - - 2 2 100% Viviana
September Update for Semester (Dir Keu),
09, 2025 I/2025, 2025 Strategic Nancy (Dir
Plan, and Evaluation Consumer)
of Governance
Implementation of
PT BRI Life;
b. Discussion on the
Evaluation of the
Implementation
of Supervision
by the Board of
Commissioners.
49 Tuesday, Funding Transactions 1 1 - - - - 2 2 100% Aquarius (Dir
September & Distribution Strategy Network)
09, 2025 Update
50 Tuesday, State Funds Placement 1 1 1 - - - 3 3 100% Viviana
September Distribution Strategy at BRI (Dir Keu),
23, 2025 Farida (Dir
Treasury),
Riko (Dir Corp
Banking),
Mucharom
(Dir Mr)
51 Tuesday, a. Business Condition 1 1 1 - - - 3 3 100% Nancy (Dir
September Update for Quarter-I of Consumer)
30, 2025 2025, Future Strategic
Plan, and Governance
Implementation of
PT BRI Investment
Management (BRIMI);
b. Discussion on the
Evaluation of the
Implementation of
Supervision by the
Board of Commissioners
of PT BRI Investment
Management (BRIMI)
52 Tuesday, a. Business Condition 1 1 1 - - - 3 3 100% Hery Gunardi
September Update for Quarter-I of (Dirut),
30, 2025 2025, Future Strategic Viviana (Dir
Plan, and Governance Keu), Farida
Implementation of PT (Dir Treasury)
BRI Danareksa Sekuritas
(BRIDS);
b. Discussion of the
Evaluation of the
Implementation of
Supervision by the
Board of Commissioners
of PT BRI Danareksa
Sekuritas (BRIDS)
53 Tuesday, Business Condition 1 1 1 - - - 3 3 100% Riko (Dir Corp
October 07, Update for Quarter-I of Banking)
2025 2025, Strategic Plan and
Governance of PT BRI
Ventura Investama (BVI),
and Legal Case Update
on the Tani Hub Group
Investment
54 Tuesday, Loan Consultation 1 1 1 - - - 3 3 100% Mucharom
October 14, (Dir Mr), Riko
2025 (Dir Corp
Banking)
55 Tuesday, a. Business Condition 1 1 1 - - - 3 3 100% Hery Gunardi
October 14, Update for Quarter-I of (Dirut),
2025 2025, Future Strategic Viviana
Plan, and Governance (Dir Keu),
Implementation of PT Mucharom
Bank Raya Indonesia (Dir Mr),
Tbk (Bank Raya); Saladin (Dir
b. Discussion on the IT)
Evaluation of the
Implementation of
Supervision by the
Board of Commissioners
of PT Bank Raya
Indonesia Tbk (Bank
Raya)
PT Bank Rakyat Indonesia (Persero) Tbk. 637
Page 638
Corporate
Governance
Present Total Board
Board of
No Day & Date Agenda KW ANN PN ED HYM LK Commis- of Commis- Quorum Quorum
Directors
sioner sioners
56 Tuesday, a. 2025 Human Capital 1 1 1 - - - 3 3 100% A Solichin Steven (HC)
October 21, Strategy Update; (Dir Hc &
2025 b. 2025 Human Capital Compliance)
Development Program
Update
57 Tuesday, Human Capital Safeguard 1 1 1 - - - 3 3 100% A Solichin Steven (HC)
October 21, Framework - Governance (Dir Hc &
2025 & Reporting System, Compliance),
Handling, Mitigation, and
Protection of Workers from
Fraud & Organized Crime
Risks-
58 Tuesday, Evaluation of Governance, 1 1 1 - - - 3 3 100% Farida (Dir
October 21, Policies, and SOPs in Treasury)
2025 the Goods and Services
Procurement Process
59 Tuesday, Risk Profile for Quarter- III 1 1 1 1 - - 4 4 100% Mucharom
October 28, of 2025 (Dir Mr)
2025
60 Tuesday, Report on the 1 1 1 1 - - 4 4 100% Yulianto
October 28, Implementation and (SKAI)
2025 Highlights of the Internal
Audit Results for Quarter-III
of 2025
61 Tuesday, Discussion of the 1 1 1 1 - - 4 4 100% Hery Gunardi
November Reinventing Market (Dirut),
04, 2025 Landscape Plan, BVI Viviana (Dir
Historical Performance, Keu), Riko
Strategy Roadmap, (Dir Corp
Mapping Pipeline & BVI Banking)
Synergy, Tanihub Updates.
62 Tuesday, a. Business Condition 1 1 1 1 - - 4 4 100% Hery Gunardi
November Update for Semester I, (Dirut),
04, 2025 2025, Future Strategic Viviana (Dir
Plan, and Governance Keu), A
Implementation of Dippo (Dir
PT BRI Multifinance Commercial)
Indonesia
b. Discussion on the
Evaluation of the
Implementation of
Supervision by the
Board of Commissioners
of PT BRI Multifinance
Indonesia
63 Tuesday, Audit Review of Top 1 1 1 1 - - 4 4 100% Yulianto
November 11, Debtors with High (SKAI)
2025 Exposure and Politically
Exposed Persons (PEP)
64 Tuesday, Loan Consultation 1 1 1 1 - - 4 4 100% Riko (Dir Corp 100%
November 11, Banking),
2025 Mucharom
(Dir Mr)
65 Tuesday, Update of the Top 50 1 1 1 1 - - 4 4 100% Riko (Dir Corp 100%
November 11, Debtors with High-Risk Banking),
2025 Exposure Mucharom
(Dir Mr)
66 Tuesday, Loan Consultation 1 1 1 1 - - 4 4 100% Riko (Dir Corp 100%
November 18, Banking),
2025 Mucharom
(Dir Mr)
67 Tuesday, Legal risk management, 1 1 1 1 - - 4 4 100% A Solichin 100%
November 18, governance, and legal case (Dir Hc &
2025 management for BRI Compliance),
Mucharom
(Dir Mr)
638 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 639
Annual Report
2025
Present Total Board
Board of
No Day & Date Agenda KW ANN PN ED HYM LK Commis- of Commis- Quorum Quorum
Directors
sioner sioners
68 Tuesday, Approval of the 2025 BRI 1 1 1 1 - - 4 4 100% Mucharom 100%
November 25, Recovery Plan Update (Dir Mr)
2025
69 Tuesday, Update on BRI’s KUR 1 1 1 1 - - 4 4 100% Viviana (Dir Yulianto
November 25, Governance Keu), Akhmad (SKAI), Ety
2025 Purwaka (Dir Yuniarti
Micro), Hakim (Retail Risk)
(Dir Ops),
70 Tuesday, Loan Consultation 1 1 1 1 - - 4 4 100% Riko (Dir Corp Babas
December 2, Banking), Bastma
2025 Mucharom (wholesale)
(Dir Mr)
71 Tuesday, Update on the KPI 1 1 1 1 - - 4 4 100% Yulianto
December 9, Governance for Micro (SKAI), Ety
2025 Businesses up to the Yuniarti
Ministerial Level (Retail Risk)
72 Monday, Additions and Exceedances 1 1 1 1 - - 4 4 100% Viviana Ety Yuniarti
December 15, of Credit PH in 2025; (Dir Keu), (Retail Risk)
2025 Disaster Management and Mucharom
Impact on NPLs (Dir Mr)
73 Monday, Profit and Loss 1 1 1 1 - - 4 4 100% 100%
December 15, Performance by Segment
2025 and Product
74 Monday, Approval of the 2026 1 1 1 1 - - 4 4 100% 100%
December 15, Annual Audit Plan (PAT)
2025
Notes:
1. Heri Sunaryadi resigned as Chairman on March 24, 2025.
2. Rofikoh Rokhim, Nurmaria Sarosa, Paripurna P. Sugarda, Agus Riswanto, and Haryo Baskoro Wicaksono resigned as Chairman on March 24, 2025.
3. Kartika Wirjoatmodjo, based on OJK voting rights, completed her term of office on February 18, 2025, and was effectively reappointed at the BRI AGM on March 24,
2025.
4. OJK voting rights: Rabin Indrajad Hattari and Dwi Ria Latifa completed their terms of office on February 18, 2025, and effectively resigned at the BRI AGM on March 24,
2025.
5. Edi Susianto, Parman Nataatmadja, Helvi Yuni Moraza, and Lukmanul Khakim were appointed on March 24, 2025.
6. Passed the fit and proper test. OJK test: Parman Nataatmadja (15 September 25); Edi Susianto (24 October 25); Helvi Yuni Moraza and Lukmanul Khakim (19 December
25)
Note :
0 : Not Present 1 : Present
KW Kartika Wirjoatmodjo PN Parman Nataatmadja HYM Helvi Yuni Moraza
ANN Awan Nurmawan Nuh ED Edi Susianto LK Lukmanul Khakim
REALIZATION OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTOR MEETING
Board of Commissioners and Board of Directors Meeting for the Period from January 1, 2025 to March 24, 2025
Commissioners Total Com- Board of
No Day & Date Agenda KW ANN RR RIH DRL HS NS PPS AR HBW Quorum SEVP
present missioners Directors
1 Thursday, Audit Report on the 1 0 1 1 1 1 1 1 1 1 9 10 90% Viviana Yulianto
January 30, Consolidated Financial (Dir. Finance) (SKAI)
2025 Statements as of
December 31, 2024
2 Tuesday, Integrated Risk Profile, 1 1 1 1 1 1 1 1 1 1 10 10 100% Agus Sud Yulianto
February 11, Implementation of the (Dir. Risk (SKAI)
2025 Integrated Compliance Management),
Function, and Assessment Viviana
of the Adequacy of (Dir. Finance),
Integrated Internal A Solichin
Controls for Semester (Dir.
II/2024 Compliance)
PT Bank Rakyat Indonesia (Persero) Tbk. 639
Page 640
Corporate
Governance
Commissioners Total Com- Board of
No Day & Date Agenda KW ANN RR RIH DRL HS NS PPS AR HBW Quorum SEVP
present missioners Directors
3 Tuesday, 1. Realization of the 1 1 1 1 1 1 1 1 1 1 10 10 100% Sunarso (Pres Sunarso (Pres
February 11, Financial Statements Dir), Catur Dir), Catur Budi
2025 for Quarter-IV of 2024; Budi (Vice (Vice Pres Dir),
and Pres Dir), Supari (Dir
2. Evaluation of the Supari (Dir Bisnis Mikro),
Realization of the Bisnis Mikro), Handayani (Dir.
Bank's Business Plan Handayani (Dir. Consumer), A
(RBB), Collegial KPIs Consumer), A Solichin (Dir.
(KM), and the Work Solichin (Dir. Compliance),
Plan and Budget Compliance), Agus Noor (Dir.
(RKAP) for Quarter-IV Agus Noor Wholesale &
of 2024. (Dir. Wholesale Institutional
& Institutional Bussiness),
Bussiness), Agus Sud
Agus Sud (Dir. Risk
(Dir. Risk Management),
Management), Amam (Dir.
Amam (Dir. Small and
Small and Medium),
Medium), Agus Win (Dir
Agus Win (Dir HC), Viviana
HC), Viviana (Dir. Finance),
(Dir. Finance), Arga (Dir IT),
Arga (Dir IT), Andrijanto (Dir.
Andrijanto (Dir. Network &
Network & Services)
Services) Yulianto (SKAI),
A Royadi
(Treasury),
Aestika
(Fixed Asset
Management
and
Procurement),
M Candra
(Ultra Micro),
I Nyoman
(Operations),
Steven (HC)
4 Monday, Adjustment to the 2025 1 1 1 1 1 1 1 1 1 1 10 10 100% Sunarso (Pres Yulianto (SKAI),
February 17, RKAP and Evaluation of Dir), Catur Budi A Royadi
2025 the Bank's Business Plan (Vice Pres Dir), (Treasury),
(RBB) for 2025-2027 Supari (Dir Aestika
and Realization of the Bisnis Mikro), (Fixed Asset
2024 RBB Handayani (Dir. Management
Consumer), A and
Solichin (Dir. Procurement),
Compliance), M Candra
Agus Noor (Dir. (Ultra Micro),
Wholesale & I Nyoman
Institutional (Operations),
Bussiness), Steven (HC)
Agus Sud
(Dir. Risk
Management),
Amam (Dir.
Small and
Medium),
Agus Win (Dir
HC), Viviana
(Dir. Finance),
Arga (Dir IT),
Andrijanto (Dir.
Network &
Services)
5 Tuesday, Performance Update in 0 1 1 0 0 1 1 1 1 1 7 10 70% Agus Sud
February January 2025 (Dir. Risk
25, 2025 Management),
Viviana (Dir.
Finance)
6 Tuesday, Closing Meeting of the 0 1 1 0 0 1 1 1 1 1 7 10 70% Supari (Dir
March 11, Audit of the Financial Bisnis Mikro),
2025 Statements of the Viviana (Dir.
Company's Micro and Finance),
Small Enterprise Funding
Program (PUMK) for the
2024 Fiscal Year
Note :
0 : Not Present 1 : Present
KW Kartika Wirjoatmodjo RIH Rabin Indrajad Hattari NS Nurmaria Sarosa AR Agus Riswanto
ANN Awan Nurmawan Nuh DRL Dwi Ria Latifa PPS Paripurna Poerwoko Sugarda HBW Haryo Baskoro Wicaksono
RR Rofikoh Rokhim HS Heri Sunaryadi
640 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 641
Annual Report
2025
Board of Commissioners and Board of Directors Meeting for the Period from March 24, 2025 to December 31, 2025
Commis-
Total Com-
No Day & Date Agenda KW ANN PN ED HYM LK sioners Quorum Board of Directors SEVP
missioners
present
7 Wednesday, Proposed Changes to 1 1 - - - - 2 2 100% Hery Gunardi (Pres
April 9, 2025 BRI's Organization in Dir), Agus Noor (Vice
2025 Pres Dir), A Solichin
(Dir Hc & Compliance),
Viviana (Dir. Finance),
Akhmad Purwaka (Dir
Micro), A Dippo (Dir
Commercial), Farida
(Dir Treasury), Riko
(Dir Corp Banking),
Aquarius (Dir
Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
8 Monday, April Results of the Internal 1 1 - - - - 2 2 100% Viviana (Dir. Finance) Yulianto (SKAI)
28, 2025 Audit Unit's Audit
Review of BRI's Financial
Statements for Quarter-I
of 2025
9 Tuesday, April 1. Performance 1 1 - - - - 2 2 100% Hery Gunardi (Pres Dir), Yulianto (SKAI), A
29, 2025 Realization for the First Agus Noor (Vice Pres Royadi (Treasury),
Quarter of 2025; Dir), A Solichin (Dir Hc Aestika (Fixed
2. Evaluation of the & Compliance), Viviana Asset Manag &
Realization of the (Dir. Finance), Akhmad Procirement),
Business Plan for Purwaka (Dir Micro), A M Candra (Ultra
Quarter-I of 2025; and Dippo (Dir Commercial), Micro), I Nyoman
3. Evaluation of the Farida (Dir Treasury), (Operations), Steven
Realization of the Riko (Dir Corp Banking), (HC), Ety Yuniarti
Collegial KPI for Aquarius (Dir Network), (Retail Risk)
Quarter-I of 2025 Nancy (Dir Consumer),
Hakim (Dir Ops),
Mucharom (Dir. Risk
Management), Saladin
(Dir IT)
10 Tuesday, June Update on Follow-up 1 1 - - - - 2 2 100% Viviana (Dir. Finance)
10, 2025 to the Determination of A Dippo (Dir
POJK 30/2024; Request Commercial)
for Approval of the
Financial Conglomerate
Corporate Plan
11 Monday, June Discussion of the 2025- 1 1 - - - - 2 2 100% Hery Gunardi (Pres Yulianto (SKAI), A
23, 2025 2027 Business Plan and Dir), Agus Noor (Vice Royadi (Treasury),
Revision of the Revised Pres Dir), A Solichin Aestika (Fixed
2025 Work Plan and (Dir Hc & Compliance), Asset Manag &
Budget Viviana (Dir. Finance), Procirement),
Akhmad Purwaka (Dir M Candra (Ultra
Micro), A Dippo (Dir Micro), I Nyoman
Commercial), Farida (Operations), Steven
(Dir Treasury), Riko (HC), Ety Yuniarti
(Dir Corp Banking), (Retail Risk)
Aquarius (Dir
Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
12 Tuesday, July Realization of the 1 1 - - - - 2 2 100% Hery Gunardi (Pres Yulianto (SKAI), A
29, 2025 Financial Statements Dir), Agus Noor (Vice Royadi (Treasury),
for Quarter-II of 2025; Pres Dir), A Solichin Aestika (Fixed
and Evaluation of (Dir Hc & Compliance), Asset Manag &
the Realization of the Viviana (Dir. Finance), Procirement),
Business Plan, Collegial Akhmad Purwaka (Dir M Candra (Ultra
KPI (KM), and Work Plan Micro), A Dippo (Dir Micro), I Nyoman
and Budget for Quarter-II Commercial), Farida (Operations), Steven
of 2025 (Dir Treasury), Riko (HC), Ety Yuniarti
(Dir Corp Banking), (Retail Risk)
Aquarius (Dir
Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
13 Tuesday, July Proposed Changes to 1 1 - - - - 2 2 100% Hery Gunardi (Pres Yulianto (SKAI), A
29, 2025 BRI's Organization in Dir), Agus Noor (Vice Royadi (Treasury),
2025 Pres Dir), A Solichin Aestika (Fixed
(Dir Hc & Compliance), Asset Manag &
Viviana (Dir. Finance), Procirement),
Akhmad Purwaka (Dir M Candra (Ultra
Micro), A Dippo (Dir Micro), I Nyoman
Commercial), Farida (Operations), Steven
(Dir Treasury), Riko (HC), Ety Yuniarti
(Dir Corp Banking), (Retail Risk)
Aquarius (Dir
Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
14 Tuesday, July Results of the Internal 1 1 - - - - 2 2 100% Yulianto (SKAI)
29, 2025 Audit Unit's Audit
Review of BRI's Financial
Statements for Quarter-II
of 2025
15 Tuesday, Evaluation of the 1 1 - - - - 2 2 100% A Solichin (Dir Hc Yulianto (SKAI)
August 26, Implementation of & Compliance),
2025 Integrated Governance Viviana (Dir. Finance),
of the Financial Mucharom (Dir. Risk
Conglomerate of PT Management),
Bank Rakyat Indonesia
(Persero) Tbk. for the First
Semester of 2025
PT Bank Rakyat Indonesia (Persero) Tbk. 641
Page 642
Corporate
Governance
Commis-
Total Com-
No Day & Date Agenda KW ANN PN ED HYM LK sioners Quorum Board of Directors SEVP
missioners
present
16 Monday, Results of the internal 1 1 1 1 - - 4 4 100% Yulianto (SKAI)
October 27, audit review of BRI's
2025 Financial Statements for
Quarter-III of 2025
17 Tuesday, a. Performance and 1 1 1 1 - - 4 4 100% Hery Gunardi (Pres Yulianto (SKAI), A
October 28, Realization of the Dir), Agus Noor (Vice Royadi (Treasury),
2025 Business Plan (RBB) Pres Dir), A Solichin Aestika (Fixed
for the Third Quarter of (Dir Hc & Compliance), Asset Manag &
2025; Viviana (Dir. Finance), Procirement),
b. 2026 Work Plan and Akhmad Purwaka (Dir M Candra (Ultra
Budget (RKAP); Micro), A Dippo (Dir Micro), I Nyoman
c. Evaluation of Commercial), Farida (Operations), Steven
the Functions, (Dir Treasury), Riko (HC), Ety Yuniarti
Effectiveness, and (Dir Corp Banking), (Retail Risk), Babas
Cross-Functional Aquarius (Dir Bastma (wholesale)
Synergy of the PMO Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
18 Tuesday, a Approval of BRI's 1 1 1 1 - - 4 4 100% Hery Gunardi (Pres Yulianto (SKAI), A
November 25, 2026-2028 Business Dir), Agus Noor (Vice Royadi (Treasury),
2025 Plan and BRI's 2026 Pres Dir), A Solichin Aestika (Fixed
Work Plan and Budget; (Dir Hc & Compliance), Asset Manag &
b. Approval of BRI's 2026 Viviana (Dir. Finance), Procirement),
Business Plan and Akhmad Purwaka (Dir M Candra (Ultra
Budget Micro), A Dippo (Dir Micro), I Nyoman
Commercial), Farida (Operations), Steven
(Dir Treasury), Riko (HC), Ety Yuniarti
(Dir Corp Banking), (Retail Risk), Babas
Aquarius (Dir Bastma (wholesale)
Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
19 Tuesday, Corporate Logo 1 1 1 1 - - 4 4 100% Hery Gunardi (Pres
December 2, Adjustment Approval Dir), Agus Noor (Vice
2025 Pres Dir), A Solichin
(Dir Hc & Compliance),
Viviana (Dir. Finance),
Akhmad Purwaka (Dir
Micro), A Dippo (Dir
Commercial), Farida
(Dir Treasury), Riko
(Dir Corp Banking),
Aquarius (Dir
Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
20 Tuesday, Discussion on the 1 1 1 1 - - 4 4 100% Hery Gunardi (Pres
December 9, Application for Approval Dir), Agus Noor (Vice
2025 of Interim Dividends for Pres Dir),
the 2025 Fiscal Year
21 Tuesday, Discussion of the 1 1 1 1 - - 4 4 100% Hery Gunardi (Pres
December 9, Conglomerate Dir), Agus Noor (Vice
2025 Management Structure Pres Dir), A Solichin
and Framework Plan, (Dir Hc & Compliance),
Financial Conglomerate Viviana (Dir. Finance),
Management Akhmad Purwaka (Dir
Infrastructure, and the Micro), A Dippo (Dir
Journey of Implementing Commercial), Farida
Financial Conglomerate (Dir Treasury), Riko
Management (Dir Corp Banking),
Aquarius (Dir
Network), Nancy (Dir
Consumer), Hakim (Dir
Ops), Mucharom (Dir.
Risk Management),
Saladin (Dir IT)
Notes:
1. Heri Sunaryadi resigned as Chairman on March 24, 2025.
2. Rofikoh Rokhim, Nurmaria Sarosa, Paripurna P. Sugarda, Agus Riswanto, and Haryo Baskoro Wicaksono resigned as Chairman on March 24, 2025.
3. Kartika Wirjoatmodjo, based on OJK voting rights, completed her term on February 18, 2025, and was effectively reappointed at the BRI AGM on March 24, 2025.
4. OJK voting rights: Rabin Indrajad Hattari and Dwi Ria Latifa completed their terms on February 18, 2025, and effectively resigned at the BRI AGM on March 24, 2025.
5. Edi Susianto, Parman Nataatmadja, Helvi Yuni Moraza, and Lukmanul Khakim were appointed on March 24, 2025.
6. Passed the fit and proper test. OJK: Parman Nataatmadja (15 September 25); Edi Susianto (24 October 25); Helvi Yuni Moraza and Lukmanul Khakim (19 December 25)
Notes :
0 : Not Present 1 : Present
KW Kartika Wirjoatmodjo PN Parman Nataatmadja HYM Helvi Yuni Moraza
ANN Awan Nurmawan Nuh ED Edi Susianto LK Lukmanul Khakim
642 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 643
Annual Report
2025
Meeting Frequency and Attendance
Meeting of the Board of
Board of Commissioners Meeting AGMS
Commissioners and Board of Director
Name Position
Number Number Number
Number of Number of Number of
of Percentage of Percentage of Percentage
Attendance Attendance Attendance
Meetings Meetings Meetings
Kartika** President 67 65 97% 19 19 100% 1 1 100%
Wirjoatmodjo Commissioner
Rofikoh Vice President 20 20 100% 6 6 100% 1 1 100%
Rokhim* Commissioner
/ Independent
Commissioner
Rabin Indrajad Commissioner 13 12 92% 4 4 100% 1 1 100%
Hattari*
Dwi Ria Latifa* Independent 13 13 100% 4 4 100% 1 1 100%
Commissioner
Awan Commissioner 74 73 99% 21 20 95% 1 1 100%
Nurmawan
Nuh*
Heri Independent 20 20 100% 6 6 100% 1 1 100%
Sunaryadi* Commissioner
Agus Independent 20 20 100% 6 6 100% 1 1 100%
Riswanto* Commissioner
Paripurna P. Independent 20 20 100% 6 6 100% 1 1 100%
Sugarda* Commissioner
Nurmaria Independent 20 20 100% 6 6 100% 1 1 100%
Sarosa* Commissioner
Haryo Baskoro Independent 20 18 90% 6 6 100% 1 1 100%
Wicaksono* Commissioner
Parman Wakil 25 25 100% 6 6 100% 1 1 100%
Nataatmadja Komisaris
Utama/
Independen
Edi Susianto Independent 16 16 100% 6 6 100% 1 1 100%
Commissioner
Helvi Yuni Commissioner - - - - - - 1 1 100%
Moraza
Lukmanul Independent - - - - - - 1 1 100%
Khakim Commissioner
Notes:
*) Rofikoh Rokhim, Heri Sunaryadi, Nurmaria Sarosa, Paripurna P. Sugarda, Agus Riswanto and Haryo Baskoro Wicaksono ceased to serve as of March 24, 2025
**) Kartika Wirjoatmodjo based on OJK’s Voting Rights ceased to serve as of February 18, 2025, and was effectively re-nominated in BRI’s AGMS on March 24, 2025
- Rabin Indrajad Hattari and Dwi Ria Latifa based on OJK’s Voting Rights completed their term of office on February 18, 2025, and effectively ceased to serve in
BRI’s AGMS on March 24, 2025
- Appointed at the BRI Annual General Meeting of Shareholders (AGMS) on 24 March 2025: Edi Susianto, Parman Nataatmadja, Helvi Yuni Moraza, Lukmanul
Khakim
- Lulus fit and Proper test OJK: Parman Nataatmadja (15 September 2025); Edi Susianto (24 Oktober 2025); Helvi Yuni Moraza dan Lukmanul Khakim (19 Desember
2025)
PT Bank Rakyat Indonesia (Persero) Tbk. 643
Page 644
Corporate
Governance
Training and/or Competency knowledge through training activities, certification, and other
Improvement of Members of Board of activities. The implementation of the Board of Commissioners
Commissioners education program aims to:
1. Increase the insight and knowledge of the Board of
BRI is subject to and complies with the Financial Services Commissioners following their fields and business
Authority Regulation (POJK) Number 24 of 2022, which developments;
regulates banks’ obligations to carry out sustainable 2. Increase relations with external stakeholders;
management and development of the quality of human 3. Support the implementation of duties and responsibilities
resources owned by the company. Training and/or improving supported by knowledge of educational outcomes;
the competence of members of the Board of Commissioners 4. Develop professional knowledge, competence, and
has been regulated in the Decree of the Board of Directors leadership abilities of the Board of Commissioners in line
NOKEP S.43-DIR/SKP/01/2018 concerning the Policy on with the latest developments in the industry and good
Orientation and Education Programs for Directors and the corporate governance; and
Board of Commissioners. In ensuring that all the Board of 5. Provide provision to develop and strengthen the
Commissioners understand the roles and responsibilities, Company’s structure and governance.
characteristics, and operations of the Company, as well
as understand the latest developments in regulations and The education program was carried out by members of
best practices, Therefore, BRI has a policy for the Board the Board of Commissioners at least once a year and/or
of Commissioners, namely at least once a year the Board as needed. The training and/or competency improvement
of Commissioners will improve competence or refresh attended by the Board of Commissioners during 2025 are
as follows.
Table of Board of Commissioners Training for the Period from January 1, 2025 to March 24, 2025
Types of Training and
Name Position Development Materials Implementation Organizer
Competency / Training
Kartika Wirjoatmodjo President Risk Management Refresher Program Jakarta, November 27, BARa (Bankers
Commissioner Level 7 2025 Association for Risk
Management)
Rofikoh Rokhim Vice President Leading Global Business Strategy North Carolina (USA), Fuqua School of
Commissioner/ February 16-19, 2025 Business, Duke
Independent University
Commissioner
Rabin Indrajad Hattari Commissioner Risk Management Certification Level 6 Jakarta, February 06, Corpu dan LSPP
2025
Dwi Ria Latifa Independent Leading the AI-Driven Organization Massachusetts (USA), MIT Sloan School of
Commissioner February 10-14, 2025 Management
Heri Sunaryadi Independent Risk Management Certification Level 6 Jakarta, February 06, Corpu dan LSPP
Commissioner 2025
Nurmaria Sarosa Independent Risk Management Certification Level 6 Jakarta, January 24, Corpu dan LSPP
Commissioner 2025
Leading the AI-Driven Organization Massachusetts (USA), MIT Sloan School of
February 10-14, 2025 Management
Agus Riswanto Independent Risk Management Certification Level 6 Jakarta, February 06, Corpu dan LSPP
Commissioner 2025
Paripurna Poerwoko Independent Risk Management Certification Level 6 Jakarta, February 06, Corpu dan LSPP
Sugarda Commissioner 2025
Awan Nurmawan Nuh Commissioner Risk Management Certification Jakarta, November 27, BARa (Bankers
Refreshment Level 6 2025 Association for Risk
Management)
Haryo Baskoro Independent Private Equity: Investing and Creating Philadelphia, February Wharton School,
Wicaksono Commissioner Value 2-7, 2025 University of
Pennsylvania
644 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 645
Annual Report
2025
Table of Board of Commissioners Training for the Period from March 24, 2025 to December 31, 2025
Types of Training and
Name Position Development Materials Implementation Organizer
Competency / Training
Kartika Wirjoatmodjo President Risk Management Refresher Program Jakarta, November 27, BARa (Bankers
Commissioner level 7 2025 Association for Risk
Management)
Parman Nataatmadja Vice President Risk Management Orientation and Jakarta, April 23 and 30, Corpu dan LSPP
Commissioner/ Certification Level 6 2025
Independent
Commissioner
Helvi Yuni Moraza Commissioner Risk Management Orientation and Jakarta, April 23 and 30, Corpu dan LSPP
Certification Level 6 2025
Awan Nurmawan Nuh Commissioner Risk Management Refresher Program Jakarta, November 27, BARa (Bankers
level 6 2025 Association for Risk
Management)
Edi Susianto Independent Risk Management Orientation and Jakarta, April 23 and 30, Corpu dan LSPP
Commissioner Certification Level 6 2025
Lukmanul Khakim Independent Risk Management Orientation and Jakarta, April 23 and 30, Corpu dan LSPP
Commissioner Certification Level 6 2025
Risk Management Orientation and Jakarta, December 15, BSMR
Certification Level 7 2025
Orientation Program for New Commissioners
BRI has a company orientation and introduction policy for newly appointed members of the Board of Commissioners, orientation
is given in relation to their duties and responsibilities. The Orientation Program is organized by the Corporate Secretary for
new members of the Board of Commissioners. This orientation program is implemented to comply with Regulation No. PER-
2/MBU/03/2023 dated March 3, 2023, concerning Guidelines for Governance and Significant Corporate Activities of State-
Owned Enterprises, Article 43 stipulates that members of the Board of Commissioners/ Supervisory Board and members of the
Board of Directors who are appointed for the first time must be given an introduction program regarding the relevant BUMN.
Implementation of this program in the form of presentations, meetings, visits to the company’s business unit and the assessment
of documents or other programs. The objectives of the Board of Commissioners’ orientation programs are as follows:
1. Adding knowledge to and new Commissioners on Vision, Mission, Profile and objectives of BRI Bank.
2. Supporting the achievement of the Bank’s objectives through continuous improvement of performance
3. Provide an overview of responsibilities, authorities and prohibitions as a Commissioner of BRI.
4. Provide guidelines for Commissioners in carrying out their duties.
5. To increase the Board of Commissioners’ understanding of work and operational system at Bank BRI.
6. Adding to the understanding of work and operational systems at Bank BRI; understanding of value creation for stakeholders,
risk management, understanding of the banking industry or the subsidiary business of Bank BRI.
7. Increase the knowledge and understanding of the Board of Commissioners in accordance with its field and business
development of BRI.
8. Support the implementation of duties and responsibilities supported by knowledge of educational outcomes.
The new Board of Commissioners’ orientation program for 2025 is as follows.
Orientation Program Materials Implementation date Organizer
Overview of Integrated Governance April 11, 2025 Compliance Group
Rights and Obligations of the Board of Commissioners April 15, 2025 Corporate Secretary Group
Duties and Responsibilities of the Board of Commissioners April 15, 2025 Corporate Secretary Group
Overview of BRI Organizational Structure April 16, 2025 Planning, Budgeting, and Performance
Management Group
Corporate Plan, RBB, dan RKAP BRI April 16, 2025 Planning, Budgeting, and Performance
Management Group, Change Management Group
PT Bank Rakyat Indonesia (Persero) Tbk. 645
Page 646
Corporate
Governance
Orientation Program Materials Implementation date Organizer
Financial Updates April 16, 2025 Investor Relations Group
Overview Subsidiaries April 16, 2025 Subsidiaries Management Group
Corporate Governance and Integrated Governance April 17, 2025 Compliance Group
Internal Audit Function and Integrated Internal Audit April 17, 2025 Internal Audit Unit
Enterprise Risk Management and Integrated Risk April 17, 2025 Market, Portfolio, & Enterprise Risk Management
Management Group
Business Strategy and Risk Management Framework April 23, 2025 Risk Management Monitoring Committee
BRI Risk Profile and Risk Management April 24, 2025 Risk Management Monitoring Committee
BRI Risk Profile and Risk Management May 8, 2025 Risk Management Monitoring Committee
BRI Risk Profile and Risk Management May 14, 2025 Risk Management Monitoring Committee
Enterprise Risk Management and Integrated Risk May 22, 2025 Market, Portfolio, & Enterprise Risk Management
Management Group
Implementation of Audit Functions & Integrated Audit June 4, 2025 Internal Audit Unit
Prudential Banking June 17, 2025 Risk Management Monitoring Committee
Prudential Banking June 18, 2025 Risk Management Monitoring Committee
Risk Profile and Bank Soundness Level June 24, 2025 Risk Management Monitoring Committee
Anti Fraud Strategy June 30, 2025 Risk Management Monitoring Committee
Bank Business and Performance July 2, 2025 Risk Management Monitoring Committee
Bank Business and Performance July 3, 2025 Risk Management Monitoring Committee
Bank Business and Performance July 7, 2025 Risk Management Monitoring Committee
APU, PPT, dan PPPSPM July 28, 2025 Risk Management Monitoring Committee
Performance Update as of June 2025 August 7, 2025 Risk Management Monitoring Committee
Risk Appetite Statement, TKB and Risk Profile August 11, 2025 Market, Portfolio, & Enterprise Risk Management
Group
Discussion on External Audit & Follow-Up Actions August 11, 2025 Audit Standard & Development Group
Fit & Proper Briefing August 12, 2025 Risk Management Monitoring Committee
BRI Strategy, Performance, and Risk Management August 12, 2025 Risk Management Monitoring Committee
Risk Management August 14, 2025 Market, Portfolio, and Enterprise Risk Group
PMO Session August 15, 2025 Project Management Office & Change
Management
Governance and Consumer Protection August 15, 2025 Compliance Group
BRIVolution Update August 15, 2025 Change Management Group
Risk Management Certification
Based on the OJK Regulation Circular Letter Number 28/SEOJK.03/2022 concerning Risk Management Certification for Human
Resources of Commercial Banks, members of the BRI Board of Commissioners must have a valid Risk Management Certificate
while holding office. The Risk Management Certification in question must be organized by a Professional Certification Institution
(LSP) in the banking sector registered with the OJK Regulation, which is adjusted to the competency unit referring to the
Indonesian National Work Competency Standards (SKKNI) in the field of banking risk management and qualification levels
referring to the Indonesian National Qualification Framework (KKNI) in the field of banking risk management, by referring to and
paying attention to:
1. Scope of BRI risk management implementation and BRI Group integrated risk management;
2. BRI business activities and functions as the main entity in the BRI Group; and
3. Current risk developments.
646 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 647
Annual Report
2025
The validity period of the Risk Management Certificate is 3 (three) years from the date of issuance of the certificate, and can be
extended for 3 (three) years after the date the validity period of the previous Risk Management Certificate ends.
Board of Commissioner for January 1, 2025 up to March 24, 2025
Certification/ Refreshment
Name Position
Certification
Level Year of Publication
Organizer
Kartika Wirjoatmodjo President Commissioner BARa Level 7 2025
Rofikoh Rokhim Vice President Commissioner/ LSPP Level 6 2024
Independent Commissioner
Rabin Indrajad Hattari Commissioner LSPP Level 6 2024
Dwi Ria Latifa Independent Commissioner LSPP Level 6 2024
Heri Sunaryadi Independent Commissioner LSPP Level 6 2024
Agus Riswanto Independent Commissioner LSPP Level 6 2024
Nurmaria Sarosa Independent Commissioner LSPP Level 6 2024
Paripurna Poerwoko Sugarda Independent Commissioner LSPP Level 6 2024
Haryo Baskoro Wicaksono Independent Commissioner LSPP Level 6 2024
Awan Nurmawan Nuh Commissioner BARa Level 6 2025
Board of Commissioner for March 24, 2025 up to December 31, 2025
Certification/ Refreshment
Name Position
Certification
Level Year of Publication
Organizer
Kartika Wirjoatmodjo President Commissioner BARa Level 7 2025
Parman Nataatmadja Vice President Commissioner/ LSPP Level 6 2025
Independent Commissioner
Helvi Yuni Moraza Commissioner LSPP Level 6 2025
Awan Nurmawan Nuh Commissioner BARa Level 6 2025
Edi Susianto Independent Commissioner LSPP Level 6 2025
Lukmanul Khakim Independent Commissioner BSMR Level 7 2025
Supervision of The Implementation of The Company’s Strategy
Based on the Financial Services Authority Regulation No. 5/ POJK.03/2016 concerning Bank Business Plans, the Board of
Commissioners is required to supervise and provide advice on the implementation of the Bank’s Business Plan, which includes,
among others, management policies and strategies. The results of the supervision are set forth in the Supervision Report on the
Implementation of the Bank’s Business Plan, which is submitted to the Financial Services Authority each semester as follows:
1. Board of Commissioners’ Supervisory Report on the Performance of PT BRI Semester II of 2024 on February 28, 2025.
2. Supervisory Report of the Board of Commissioners for Semester I of 2024 on August 5, 2025.
PT Bank Rakyat Indonesia (Persero) Tbk. 647
Page 648
Corporate
Governance
Implementation of Supervisory Duties of 11. Evaluation of the performance and implementation of
The Board of Commissioners the main results of the SKAI audit, monitoring of follow-
up actions on internal and external audit findings on a
quarterly basis.
The Board of Commissioners has carried out its duties,
12. Review of Business Development in each Loan Segment.
obligations, and responsibilities to supervise the Company’s
13. Evaluation of the implementation of BRI’s human capital
management policies and the management of the Company,
policy.
as determined in accordance with applicable laws and
14. Evaluation of Bank’s soundness level, risk profile,
regulations, the Company’s Articles of Association, and the
implementation of compliance function, anti-fraud
stipulated Work Plan. Duties, obligations, and responsibilities
strategy and implementation of AML CFT.
are carried out through meetings of the Board of
15. Evaluation of BRI’s talent pool policy and implementation.
Commissioners, meetings of the Board of Commissioners
16. Evaluation of reorganization proposals in the context
with the Board of Directors, or meetings and evaluations with
of aligning business targets and collaboration between
committees under the Board of Commissioners and a letter
segments.
from the Board of Commissioners to the Board of Directors.
17. Evaluation of the implementation of Internal Control
over Financial Reporting (ICoFR) and strengthening of
As for the implementation of the duties of the Board of
Integrated governance.
Commissioners during 2025, among others:
18. Review of corporate loan portfolios and high-risk debtors.
1. Supervise and provide advice on the Board of Directors’
19. Review of BRI IT governance, architecture and strategy.
policies in carrying out the management of the Company
20. Review and approval of sustainable financial action
during 2025.
plans, recovery plans, and resolution plans.
2. Review of the realization of BRI’s financial report
21. Review of DPLK’s financial and investment performance
performance on a consolidated and quarterly basis.
in 2024, including approval of Bank DPLK’s business plan
3. Evaluation of the proposed RBB for 2025-2027 and
in 2025.
RKAP 2025, including the realization of the achievements
22. Approval on corporate secretary nomination and changes
of RKAP and RBB for 2025.
to the company’s logo.
4. Evaluation of the proposed RBB for 2026-2028 and
23. Implementation of other duties of the Board of
RKAP for 2026.
Commissioners in the context of supervisory functions
5. Appointment of Public Accounting Firm and/or Public
and providing advice to the Board of Directors.
Accountant for the general audit of BRI’s consolidated
financial statements and PUMK financial statements for
2025.
Board of Commissioners’
6. Loan consultation from the Board of Directors to the
Recommendations
Board of Commissioners.
7. Approval of the 2025 SKAI Annual Audit Planning.
8. Evaluation of the performance and implementation of Throughout 2025, the Board of Commissioners has provided
integrated governance in BRI’s financial conglomerate. recommendations/approvals to the Company’s Management
9. Nomination and remuneration of the BRI Board of in accordance with its authority as stipulated in the Articles
Directors and Board of Commissioners including of Association and applicable regulations. The details are as
nomination of Subsidiary Company management. follows:
10. Review and approval of provision to related parties and
capital participation under the authority of the Board of
Commissioners
648 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Day and date Recommendation/Approval
1 Thursday, Januari 23, 2025 Approval on the 2025 SKAI Annual Audit Planning (PAT).
2 Monday, February 3, 2025 Approval of the Audit Scope for the Procurement of Public Accounting Firm Services in the
General Audit of the Consolidated Financial Statements and the Micro and Small Business
Funding Program Financial Statements for the 2025 Fiscal Year.
3 Monday, February 17, 2025 Approval on the Revised Update of BRI's 2024-2025 Recovery Plan
4 Monday, February 17, 2025 Approval on the Adjustment to BRI's 2025-2027 Business Plan and 2025 Work Plan and Budget
(RKAP).
5 Tuesday, Februari 25, 2025 Approval on the 2025 Performance of PT Bank Rakyat Indonesia (Persero) Tbk
6 Wednesday, March 19, 2025 Approval on BRI New York Agency’s 2025 Annual Audit Planning (PAT).
7 Tuesday, April 15, 2025 Approval on Proposal for BRI’s Organizational Structure Changes.
8 Tuesday, April 15, 2025 Stipulation of the Composition of the Committees of the Board of Commissioners of PT Bank
Rakyat Indonesia (Persero) Tbk
9 Wednesday, Mei 21, 2025 Approval on the Scope of Public Accounting Firm Services in terms of Follow-Up to the Audit
Results of the Financial Audit Agency (BPK RI).
10 Tuesday, Mei 27, 2025 Approval of the Policy for the Implementation of AML, PFT, and PPPSPM Programs.
11 Tuesday, June 17, 2025 Response to the Appointment of BRI as the Holding Company of the Financial Conglomerate,
the Planned Amendment to BRI's Articles of Association, and Approval on the Financial
Conglomerate Corporation.
12 Monday, June 23, 2025 Approval on the Adjustments to BRI's 2025-2027 Business Plan (RBB) and BRI's 2025 Work Plan
and Budget (RKAP).
13 Friday, August 1, 2025 Approval on the Proposal of Changes to BRI's Organizational Structure.
14 Tuesday, August 5, 2025 Approval of the Results of the Public Accounting Firm Advisory Services Procurement
Implementation
15 Tuesday, 5 August 2025 Approval of BRI’s 2025 Revised Risk Appetite Statement.
16 Tuesday, 19 August 2025 Approval of the Addendum to the 2025 Annual Audit Plan (PAT).
17 Tuesday, September 2, 2025 Response to the Request for Approval of Funding Provision to Related Parties
18 Tuesday, September 9, 2025 Approval of the Signing of the Annual Management Contract Containing the 2025 Performance
of PT Bank Rakyat Indonesia (Persero) Tbk.
19 Tuesday, October 28, 2025 Penetapan Susunan Komite Dewan Komisaris PT Bank Rakyat Indonesia (Persero) Tbk.
20 Tuesday, November 11, 2025 Approval on Funding Provision to Related Parties
21 Wednesday, November 19, 2025 Approval on the Adjustments to BRI's 2025-2027 Revised Business Plan
22 Wednesday, November 26, 2025 Approval on BRI's 2026-2028 Business Plan and 2026 Work Plan and Budget (RKAP)
23 Wednesday, November 26, 2025 Approval on the Update of BRI's 2025 Recovery Action Plan Document.
24 Wednesday, November 26, 2025 Approval on the 2026 Short-Term and 2026-2030 Long-Term RAKB.
25 Tuesday, Desember 16, 2025 Approval on the 2026 Internal Audit Unit's Annual Audit Plan (PAT)
26 Wednesday, Desember 31, 2025 Response to the Request for Approval of the Prima Customer Management Circular Letter Policy
27 Wednesday, Desember 31, 2025 Approval on the Fourth Amendment to BRI's Report Management Policy as a Public Company,
Book 2, ICoFR Design Guidelines
28 Wednesday, Desember 31, 2025 Request for Approval of BRI's 2026 Corporate Work Plan and Budget (RKAP)
PT Bank Rakyat Indonesia (Persero) Tbk. 649
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Corporate
Governance
Performance Assessment of The Board of Directors and Board of Commissioners
Board of Directors Performance Assessment
The Board of Directors’ performance assessment is based on the Board of Directors’ KPI achievement, both collectively and
individually. The Board of Commissioners conducts the assessment, which is then submitted to Shareholders through the GMS.
The performance assessment of the President Director and the members of the Board of Directors is conducted annually.
Performance assessments are based on collegial or joint Key Performance Indicators (KPIs) and Directorate (Individual) KPIs.
Procedures for The Implementation of The President Director and Member of The Board of Directors
1 The Board of Directors submits the Board of Directors’ KPI proposal collegially to the GMS/Minister
The Board of Directors’ KPIs, submitted collegially, are determined simultaneously
with the submission of the Company’s Work Plan and Budget.
2
The Board of Directors explains the Board of Directors’ KPIs collegially
3 into the Board of Directors’ KPIs individually.
4
The individual KPI of the Board of Directors is submitted to the Board of Commissioners for approval.
5
The Board of Commissioners approves the individual KPIs of the Board of Directors submitted
After the Board of Directors’ KPI is collegially determined by the GMS/Minister and the Board of Directors’
KPI is individually approved by the Board of Commissioners, the Board of Directors signs the Annual
Management Contract which contains the Board of Directors’ KPI collegially and the
Board of Directors’ KPI individually. 6
Annual Management Contract containing the Board of Directors’ KPI Targets collegially signed by the
7 Board of Directors, also signed by the Board of Commissioners and the GMS/Minister
The Annual Management Contract containing the individual KPI targets of the Board of Directors is
signed by the Board of Directors members with the President Director and Commissioners.
8
9
The Board of Directors’ KPI achievements are collegially reported in periodic reports and Annual Reports.
The calculation of the Board of Directors’ KPI achievements is reviewed collegially and individually by an
independent Public Accounting Firm (KAP) that audits the Company’s financial statements.
10
11. The results of the Board of Directors’ KPI achievements, both collegially and individually, are submitted
11 by the Board of Commissioners to the GMS.
12
The GMS assesses the performance of the Board of Directors
650 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
The procedures for evaluating the Board of Directors’ • The government’s KUR quota was distributed according
performance are carried out in the GMS agenda. The results to BRI’s targets. This supported the continued
of the evaluation of the Board of Directors as a whole and maintenance of the Micro business portfolio
of each Member of the Board of Directors individually are • ATM, CRM, and EDC Merchant reliability exceeded
an integral part of the remuneration, compensation, and targets
incentive scheme for Members of the Board of Directors. • Business process improvements through the
implementation of PMO Operations ran according to
The performance assessment of the Board of Directors targets and milestones
is performed with reference to the established criteria
and measuring tools, including the achievement of Key
Finance & Strategy Directorate
Performance Indicators (KPIs) and the results of the
• BRI Group’s consolidated operating revenue achieved its
assessment of the implementation of Good Corporate
target and grew year-on-year
Governance (GCG) in the Board of Directors’ aspects, in order
• Subsidiaries’ net profit achieved its target, and its
to ensure alignment between performance, governance, and
contribution to consolidated profit increased significantly
the achievement of the Company’s objectives.
year-on-year
• Liability management was well maintained, as reflected
Criteria for Assessing The Board of Directors
in the cost of funds reaching its target
Performance
• Business efficiency efforts positively impacted BRI
Group’s performance, as reflected in the consolidated
COLLEGIAL BOARD OF DIRECTORS’ PERFORMANCE
CIR ratio reaching its target
ASSESSMENT CRITERIA
• Interim DPS and dividend yield increased year-on-year
• Monetization of synergies between subsidiaries and BRI
The performance evaluation criteria measured are as follows:
through product diversification achieved its target and
1. Economic and Social Value for Indonesia, consisting of
contributed to increased fee income and outstanding
financial, operational, and social aspects
loans for BRI, including from the synergy between Gold
2. Business Model Innovation
Savings in BRImo and KKB Joint Financing
3. Technology Leadership
• The process of aligning the arrangement of BRI’s
4. Increased Investment
subsidiaries with PT Danantara Asset Management is
5. Talent Development
progressing according to milestones
CRITERIA FOR ASSESSMENT OF INDIVIDUAL
Corporate Transformation Sub-Directorate
PERFORMANCE
• The implementation of BRI’s long-term plan initiatives
was generally conducted according to milestones.
Directorate (Individual) performance is assessed based on
• Evaluation of implemented initiatives was carried out
the achievement of each Directorate’s KPI targets, with the
consistently and routinely
following explanation:
• The alignment process of BRI’s subsidiary structure
with PT Danantara Asset Management was in progress
President Director
according to milestones
• Consolidated PPOP performance achieved its target
• The reorganization and organizational evaluation were
• Consolidated cost control was maintained. The
performed successfully
consolidated CIR ratio reached the target
• The government’s KUR quota was distributed according
Consumer Banking Directorate
to target
• Consumer segment profit exceeded the target
• BRI’s service delivery showed improvement. The NPS
• Consumer loan grew year-on-year
score increased and exceeded the target
• Consumer loan quality remained stable and met the
• The CASA ratio recorded an increase, driven by growth
target
in low-cost funds and an increase in BRImo users.
• Non-TPF Assets Under Management (AUM) exceeded
• No cybersecurity incidents were recorded throughout 2025.
the target
• The ESG rating was achieved in accordance with the
• The number of consumer customers met the target
established target
• Sustainable credit achieved beyond target
Micro Business Directorate & Ultra Micro Business Sub-
• In terms of human capital, employee productivity showed
Directorate
improvement and achieved the target
• Micro and Super Micro KUR distribution targets achieved
• The number of Productive BRILink Agents achieved
Vice-President Director
• New Micro segment customers sourced from the
• Average Daily Balance of Third-Party Funds (TPF) &
Incubation Program pipeline, Government Programs, and
Cash Assets (CASA) achieved targets
BRILink Agents met the target
• Recovery and claim income from the Micro segment
• The number of Ultra Micro customers upgraded to a
increased.
higher level grew beyond the target
• Fraud management remained below appetite
PT Bank Rakyat Indonesia (Persero) Tbk. 651
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Corporate
Governance
• Overall, the performance of the Ultra Micro Holding was Retail Risk Sub-Directorate
achieved, as reflected in the Ultra Micro credit quality • SME outstanding performing loan target achieved
indicators, Ultra Micro loan disbursement, and e-channel • SME and Consumer loan cost deduction target achieved
business, all of which met the established targets. • Consumer segment net downgrade to LAR target achieved
Commercial Banking Directorate Operations Directorate
• The daily average balance of Performing Loans • Cash management indicators (such as cash ratio,
increased, with maintained credit quality maximum cash balance, and the difference between
• The CASA to Loan Ratio target for Commercial, Small & ATM and CRM cash) were achieved
Medium Enterprises (CSME) was achieved • The credit operations function improved, as reflected in
• The fee-based income target for the CSME segment was achieving the insurance claim success rate and premium
achieved refund targets.
• The target number of new CSME customers was • BRI’s Net Promoter Score (NPS) increased and exceeded
achieved targets
• The daily average customer funds managed by SMEs • ATM, CRM, and Merchant EDC reliability exceeded targets
were achieved
• The pipeline management development initiative was Human Capital & Compliance Directorate
achieved on target • Good Corporate Governance (GCG) and Integrated
Governance (IGC) Human Capital aspect ratings
Corporate Banking Directorate achieved the target
• Corporate segment profit target achieved • ESG rating achieved as targeted.
• Daily average current account balance target achieved • Sustainable lending exceeded the target.
• Cost of Fund (DPK) target achieved • Regulator-related fines/losses management exceeded
• Daily average performing loan balance target achieved the targets
with maintained loan quality, as reflected in the LAR (L/R, • Internal fraud frequency control exceeded the targets
DPK, and NPL) ratio • Disciplinary penalty settlement exceeded the targets
• The composition of non-GRE (Government Related • Score BRI Group’s HC Maturity exceeded the targets
Entity) customer funds to total core depositors increased. • Employee Productivity exceeded the targets
• Talent Mobility exceeded the targets
Treasury and International Banking Directorate
• Treasury and international business revenue performance Human Capital Sub-Directorate
met the targets • Employee Productivity exceeded targets
• Liquidity risk management was maintained within • Human Capital System targets were achieved according
appetite to the milestones
• Liquidity management efficiency was maintained, as • Successor planning success rates exceeded targets
reflected in the CoIBL and CoND ratios meeting targets • Talent development targets were achieved according to
• Performance contributions from UKLN and Bank the milestones
Representatives met targets • Performance management system targets were achieved
• Effectiveness and efficiency of goods and services according to the milestones
procurement met the targets
• Forex transaction volume met the targets Network & Retail Funding Directorate
• Retail Savings and CASA grew year-on-year
Risk Management Directorate • Average Daily Balance of Retail Savings and CASA grew
• The frequency of internal fraud decreased. year-on-year
• The Integrated Risk Profile was maintained at Low to • Retail funding costs were maintained, with third-party
Moderate funding costs reaching targets
• The roadmap for improving risk management • Network Transformation Targets were achieved
implementation was achieved according to milestones according to the milestones
• No cybersecurity incidents were recorded throughout
2025. Retail Transaction & Funding Sub-Directorate
• The number of BRIMO users and transactions grew year-
Wholesale Risk Sub-Directorate on-year
• The target for successful restructuring and settlement of • The number of productive EDC and QRIS merchants
NPLs was achieved grew year-on-year
• The target for net downgrade to LAR for the corporate • BRIMO active users and transaction volume exceeded
segment was achieved targets
• The target for the daily average for the corporate • Merchant EDC and QRIS transaction volume exceeded
segment was achieved targets
• Merchants’ average daily balance of third-party funds
exceeded targets
652 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Information Technology Directorate ASSESSMENT OF THE IMPLEMENTATION OF GOOD
• IT maturity level target achieved CORPORATE GOVERNANCE IN THE BOARD OF
• Zero incident cybersecurity breach target achieved DIRECTORS ASPECT
• IT hygiene implementation was achieved according to
the milestone Based on the provisions of POJK No. 17/POJK.03/2023 and
• IT strategic plan implementation was achieved according SEOJK No. 14/SEOJK.03/2025, which require Commercial Banks
to the milestone to conduct self-assessments of their GCG implementation, BRI
• Establishing Unified Data Management implementation conducted an assessment of the Board of Directors’ aspects of
was achieved according to the milestone GCG implementation during the fiscal year. Furthermore, the
Board of Directors has an assessment mechanism based on the
Digital Banking Sub-Directorate ASEAN CG Scorecard best-practice assessment.
• Customer data quality targets achieved
• Advance Analytics and AI performance rate targets for The Party Conducting The Assessment
customer pipelines achieved
• E-channel productivity targets achieved The parties responsible for evaluating the Board of Directors’
• Digital innovation management achieved according to performance are the Board of Commissioners and the
milestones General Meeting of Shareholders (GMS). In conducting the
performance evaluation of the Board of Directors, the Board
Internal Audit Sub-Directorate of Commissioners refers, among others, to the achievement
• The number of fraud incidents decreased compared to of Key Performance Indicator (KPI) targets. The performance
the previous year. of the Board of Directors as a whole and of each individual
• The quality of follow-up to the Whistleblowing System member of the Board of Directors is evaluated by the Board of
(WBS) was achieved. Commissioners. The realization of KPIs for each member of the
• Completion of fraud case investigations was in Board of Directors is reported to the Board of Commissioners
accordance with the SLA. and subsequently reviewed by the Remuneration and
• The Audit Finding Summarization tool was developed. Nomination Committee as a basis for consideration in
• Development of a new risk indicator model (Fraud Risk determining the remuneration of each member of the Board of
Detection & Periodic Monitoring) exceeded the target. Directors. The individual performance of each Director can be
specifically observed through the Individual KPI, which consists
of Shared KPIs and Directorate KPIs.
Furthermore, the Board of Commissioners and the Board of Directors were accountable for the Company’s 2025 performance,
including the implementation of the duties and responsibilities of the Board of Commissioners and the Board of Directors under
the GMS. Before being disclosed in the GMS, the Board of Directors’ Collegial KPI underwent a review by the Public Accounting
Firm (KAP).
Results of The Collegial Performance Assessment of The Board of Directors
The results of the collegial performance assessment of the Board of Directors have been reviewed by an independent party, namely
the Public Accounting Firm that audited the Company’s Financial Statements. The results of the collegial performance assessment of
the Board of Directors are as follows.
Category Weight No KPI ESG/C Achievement
Economic and Financial 57% 1 Consolidated Pre-Provision Operating Profit (PPOP) C 100,7%
Social Value
for Indonesia 2 Consolidated Tier 1 Return on Equity (ROE) C 98,8%
3 Total Shareholder Return (TSR) C 66,67%
Operational 4 Cost of Credit (CoC) Parent Only G 98,1%
5 Consolidated Cost-to-Income Ratio (CIR) C 100,0%
Social 6 KUR Loan Disbursement Realization S 110,0%
7 NPS for Bank S 110,0%
Business Model Innovation 10% 8 Consolidation CASA Ratio C 105,0%
9 Average Loan Growth of Consumer & SME (Parent Only) C 81,9%
Technology Leadership 10% 10 Number of Active BRImo Users C 110,0%
11 Cyber Security Breach G 110,0%
Investment 15% 12 Environment, Social, Government (ESG) Rating E 100,0%
Growth
13 Ultra Micro Loan Disbursement C 95,4%
14 Sustainable Financing/Lending (Parent Only) (IDR Trillion) E 101,5%
Talent Development 8% 15 Human Capital Transformation S 92,0%
PT Bank Rakyat Indonesia (Persero) Tbk. 653
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Corporate
Governance
Board of Commissioners Performance Assessment
The Board of Commissioners prepares a work plan at the beginning of the year and conducts a self-assessment based on
its achievements and the predetermined Key Performance Indicators (KPIs). Furthermore, the Board of Commissioners also
reviewed the implementation of the duties of supporting bodies under the Board of Commissioners in accordance with the
targets set in the Work Plan and Budget.
Based on the review results and the self-assessment of the Board of Commissioners and the Committees under the Board of
Commissioners, it was concluded that all work plans established at the beginning of 2025 were successfully implemented in
full, in line with the set targets.
Procedure for Implementing The Performance Assessment of The Board of Commissioners
The Board of Commissioners’ performance assessment is conducted collegially through a self-assessment and reported to
the GMS, where the results are conveyed to Shareholders through a report on the implementation of their duties. At the GMS,
shareholders review this report and provide approval in the form of a full release and discharge (Volledig acquit et decharge)
to the Board of Commissioners and the Board of Directors for the implementation of their supervisory and management duties
for the company during the Fiscal Year.
Board of Commissioners’ Performance Evaluation Criteria
Board of Commissioners Performance indicators or criteria are measured by the achievement of the work program/work plan
and budget (RKA) prepared at the beginning of each year. The Board of Commissioners’ work program is prepared with key
success factors in mind for the implementation of the Board of Commissioners’ duties, including learning & growth, internal
processes, compliance, and financial perspectives. The 2025 assessment of the Board of Commissioners criteria is as follows:
Assessment Aspects Indicators Parameter Weight
PERSPECTIVE I : LEARNING AND GROWTH
Board of Commissioners a Organization of the Board of Organization of the Board of Commissioners 2,00
Organization Commissioners Following the provisions following applicable regulations
b Organ organization under the Board of Organ organization under the Board of 2,00
Commissioners following the provisions Commissioners following applicable
regulations
Board of Commissioners a New Board of Commissioners orientation The entire Board of Commissioners has just 2,00
Competency Development program joined the orientation program
b Members of the Board of Commissioners Members of the Board of Commissioners 2,00
fulfill competency/ certification in have fulfilled their competencies in
accordance with applicable regulations accordance with applicable regulations
c Education/training/seminar programs to Each Commissioner member has attended 2,00
improve competence at least one education/ training/seminar
program
Total Weight of Perspective I 10,00
PERSPECTIVE II : INTERNAL PROCESS
Planning a Ratification of the Work Plan and Budget of The RKA of the Board of Commissioners is 2,50
the Board of Commissioners approved before the implementation of the
current year the RKAP takes effect
b Approval of RBB and/or revision of RBB The RBB is ratified before November 30, 5,00
on tim and the Revised RBB is approved by the
Board of Commissioners before June 30
every year
Implementation a Approval of corporate actions of the Board The application for approval from the Board 5,00
of Directors that require the support of of Commissioners on the proposal of the
the Board of Commissioners following the Board of Directors is given no later than 15
provisions working days from the date it is received
654 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Assessment Aspects Indicators Parameter Weight
b Meetings of the Board of Commissioners Meetings of the Board of Commissioners 10,00
are held following the provisions and are held at least once a month, and the
targets Meetings of the Board of Commissioners
with the Board of Directors are held at least
once every four months
c Formulate Nomination Policy and a. Company Nomination Policy 2,50
Implementation of the Nomination Process b. Letter of submission of nominated
Candidates for the management of the talent to the Cluster Talent Committee
Company, including subsidiaries under the (CTC)
authority of the Board of Commissioners
d Develop remuneration policies and a. Remuneration Policy for the Board 2,50
remuneration structures for the Board of of Directors and the Board of
Directors and the Board of Commissioners Commissioners.
b. Recommendations on the
remuneration structure for the Board
of Commissioners and the Board of
Directors submitted to Series A Dwi
Warna Shareholders.
e Appointment of a Public Accounting Firm The recommendation of KAP to carry out an 5,00
on the Company’s Financial Statements audit of the company’s financial statements
is given before the Company’s Annual GMS
Supervision a Implementation of the Working Visit of the Implementing working visits to Regional 7,50
Board of Commissioners Offices
b Implementation of internal control review Review of The Internal Audit Business Unit 2,50
Annual Audit Planning (PAT) and evaluation
of the implementation of internal audit
c Implementation of the Internal Audit Audit Internal audit report review and followup 2,50
Report Review and follow-up on the results on findings are carried out following the
of the internal audit provisions and on time according to the
target
d Implementation of Internal Audit Audit External audit report review and followup 2,50
Report Review and follow-up on external on findings are carried out following the
audit results provisions and on time according to the
target
e Implementation of the Financial Report Review of financial statements is carried 2,50
Review out following the provisions and on time
according to the target
Total Weight of Perspective II 50,00
PERSPECTIVE III : COMPLIANCE
Implementation of corporate a Implementation of GCG selfassessment The GCG self-assessment is carried out 2,50
activities in accordance with every Semester in accordance with the
Good Corporate Governance provisions and on time according to the
target
b Implementation of the Integrated GCG self-assessment is carried out every 2,50
Governance self-assessment semester in accordance with the provisions
and on time according to the target
c Public Accountant’s Opinion on the Unqualified Public Accountant Opinion 5,00
Company’s Financial Statements
d CGPI Assessment Score CGPI assessment score is better than 2,50
previous year
Implementation of the a Performance of a review of the Risk Profile Implementation of the review of the Risk 10,00
Supervision function on Report Profile Report every three months in
the Management of Risk accordance with the provisions and on time
Management according to the target
b Implementation of the compliance function The review of the implementation of the 2,50
compliance function is carried out every
semester
PT Bank Rakyat Indonesia (Persero) Tbk. 655
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Corporate
Governance
Assessment Aspects Indicators Parameter Weight
c Implementation of Review on Risk Profile The review of the Compliance function and 2,50
Report and Compliance Function and bank the soundness level of the bank is carried
soundness level out every semester in accordance with the
provisions and on time according to the
target
d Implementation of the Integrated Internal Implementation of Integrated Internal 2,50
Control Adequacy Review, Integrated Control Adequacy Review, Integrated
Risk Profile, Integrated Governance Risk Profile, Implementation of Integrated
Implementation, and Integrated Governance, and Integrated Governance
Governance Annual Report. Annual Report is carried out every Semester
in accordance with the provisions and on
time according to the target
Total Weight of Perspective III 30,00
PERSPECTIVE IV : FINANCIAL
Assessment of profitability a Net profit Achievement of net profit targets in 2,50
and capital aspects accordance with the RKAP
b Aset Achievement of asset targets in accordance 2,50
with the RKAP
c NPL Achievement of NPL targets in accordance 2,50
with the RKAP
d CAR Achievement of CAR targets in accordance 2,50
with the RKAP
Total Weight of Perspective IV 10,00
Total KPI Weight 100,00
Parties That Conduct The Assessment
The Board of Commissioners evaluates the performance of the Board of Commissioners in 2025 by conducting a self-
assessment and presented to the shareholders at the GMS.
Board of Commissioners Performance Assessment Results
Assessment Aspects Indicator Parameter Realization Weight Score
PERSPEKTIF I : LEARNING AND GROWTH
Board of Commissioners a Organization of the Organization of the Board The organization 2,00 2,00
Organization Board of Commissioners of Commissioners following of the Board of
As per the provisions applicable regulations Commissioners was in
accordance with the
applicable regulations
b Organizational Organs Organ organization under The organization 2,00 2,00
of the Board of the Board of Commissioners of the Board of
Commissioners as per following applicable regulations Commissioners was in
the provisions accordance with the
applicable regulations
Board of Commissioners a New Board of The entire Board of In 2025. one new Board 2,00 2,00
Competency Commissioners Commissioners has just joined of Commissioners
Development orientation program the orientation program member. Mr. Haryo
Baskoro Wicaksono.
completed the
orientation program.
b Members of the Board Members of the Board of All Board of 2,00 2,00
of Commissioners Commissioners have fulfilled Commissioners
fulfill competency their competencies in members met
in accordance with accordance with applicable competency
applicable regulations regulations requirements per
regulations.
656 PT Bank Rakyat Indonesia (Persero) Tbk.
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Assessment Aspects Indicator Parameter Realization Weight Score
c Education/training/ Each Commissioner member The Board of 2,00 2,00
seminar programs to has attended at least one Commissioners
improve competence had followed Risk
Management/its
refreshment education/
facilitation
Total Score of Perspective I 10,00 10,00
PERSPECTIVE II : INTERNAL PROCESS
Planning a Ratification of the Work The RKA of the Board of The Board of 2,50 2,50
Plan and Budget of the Commissioners is approved Commissioners'
Board of Commissioners before the implementation 2026 Work Plan and
of the current year the RKAP Budget (RKAP) was
takes effect ratified before the
implementation of the
current year of the
2026 Work Plan and
Budget (RKAP) applied.
b Approval of RBB and/or The RBB is ratified before The revised 2025-2027 5,00 5,00
revision of RBB on tim November 30. and the Revised Work Plan and Budget
RBB is approved by the Board (RBB) was ratified
of Commissioners before June before June 30, 2025.
30 every year The 2026-2028 Work
Plan and Budget (RBB)
was approved before
November 30, 2025.
Implementation a Approval of corporate The application for Requests for the Board 5,00 5,00
actions of the Board of approval from the Board of Commissioners'
Directors that require of Commissioners on the approval to the Board
the support of the Board proposal of the Board of of Directors' 2025
of Commissioners Directors is given no later than proposals were granted
following the provisions 15 working days from the date within 15 working days
it is received of receipt by the Board
of Commissioners.
b Meetings of the Board Meetings of the Board of The Board of 10,00 11,00
of Commissioners Commissioners are held at Commissioners
are held following the least once a month. and the held 97 meetings,
provisions and targets Meetings of the Board of and the Board of
Commissioners with the Board Commissioners and the
of Directors are held at least Board of Directors held
once every four months 19 meetings.
c Formulate Nomination a. Company Nomination Policy The Board of 2,50 2,50
Policy and b. Letter of submission of Commissioners
Implementation of the nominated talent to the established a policy for
Nomination Process Cluster Talent Committee Nominating Members
Candidates for the (CTC) of the Board of
management of the Commissioners and
Company, including the Board of Directors
subsidiaries under the through the Board of
authority of the Board of Commissioners Decree
Commissioners dated July 28, 2015.
The Board of
Commissioners
submitted a Nominated
Talent letter to
the Cluster Talent
Committee (CTC) on
February 11, 2025.
d Develop remuneration a. Remuneration Policy for the Telah terdapat 2,50 2,50
policies and Board of Directors and the kebijakan remunerasi
remuneration structures Board of Commissioners. melalui SK nomor:
for the Board of b. Recommendations on the SK.12-KOM/BRI/
Directors and the Board remuneration structure for 10/2025.
of Commissioners the Board of Commissioners
and the Board of Directors
submitted to Series A Dwi
Warna Shareholders.
e Appointment of a Public The recommendation of KAP The proposal for the 5,00 5,00
Accounting Firm on the to carry out an audit of the Public Accounting Firm
Company’s Financial company’s financial statements to audit the company's
Statements is given before the Company’s financial statements
Annual GMS for the 2025 fiscal year
was submitted prior
to the 2024 AGM, on
February 25, 2025.
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Corporate
Governance
Assessment Aspects Indicator Parameter Realization Weight Score
Supervision a Implementation of the Implementing working visits to During 2025, the Board 7,50 7,50
Working Visit of the Regional Offices of Commissioners
Board of Commissioners conducted working
visits to seven work
areas.
b Implementation of Review of the Annual Annual audit reviews 2,50 2,75
internal control review Audit Plan (PAT) of SKAI have been carried out 5
and evaluation of the times during 2025.
implementation of internal
audits
c Implementation of Review of Internal Audit Internal audit reviews 2,50 2,75
Internal Audit Report Report Results and follow-up have been carried out
Review and follow-up on of findings are carried out in 6 times during 2025.
internal audit results accordance with provisions
and on time according to
targets.
d Implementation of Review of the External Audit Internal audit reviews 2,50 2,75
Internal Audit Report Result Report and follow-up have been carried out
Review and follow-up of of findings are carried out in 6 times during 2025.
external audit results accordance with provisions
and on time according to
targets.
e Implementation of Financial report review is Financial report reviews 2,50 2,50
Financial Report Review carried out in accordance with have been carried out
the provisions and on time 4 times during 2025.
according to the target.
Total Score of Perspective II 50,00 51,75
PERSPECTIVE III : COMPLIANCE
Implementation of a Implementation of GCG The GCG self-assessment is The GCG self- 2,50 2,50
corporate activities in selfassessment carried out every Semester in assessment evaluation
accordance with Good accordance with the provisions is conducted
Corporate Governance and on time according to the every semester in
target accordance with the
provisions and on time
according to the target.
b Implementation of the GCG self-assessment is The integrated 2,50 2,50
Integrated Governance carried out every semester in governance self-
self-assessment accordance with the provisions assessment is
and on time according to the conducted every
target semester in
accordance with the
provisions and on
schedule as targeted.
c Public Accountant’s Unqualified Public Accountant The Public 5,00 5,00
Opinion on the Opinion Accountant's Opinion
Company’s Financial was Fair in All Material
Statements Respects.
d CGPI Assessment Score CGPI assessment score is The 2025 CGPI score 2,50 2,50
better than previous year reached 95.38, better
than the previous
year's score of 95.31.
Implementation of the a Performance of a review Implementation of the review The Board of 10,00 10,00
Supervision function on of the Risk Profile of the Risk Profile Report every Commissioners
the Management of Risk Report three months in accordance submitted written
Management with the provisions and on time recommendations,
according to the target such as opinions and
suggestions to the
Board of Directors
regarding the quarterly
risk profile report.
b Implementation of the The review of the Compliance function 2,50 2,50
compliance function implementation of the reviews were
compliance function is carried conducted every
out every semester semester.
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Assessment Aspects Indicator Parameter Realization Weight Score
c Implementation of The review of the Compliance Reviews of the 2,50 2,50
Review on Risk Profile function and the soundness Compliance function
Report and Compliance level of the bank is carried out and the Bank's
Function and bank every semester in accordance soundness level
soundness level with the provisions and on time were conducted
according to the target every semester
in accordance
with regulations
and punctually in
accordance with the
targets.
d Implementation Implementation of Integrated Reviews of the 2,50 2,50
of the Integrated Internal Control Adequacy Adequacy of Integrated
Internal Control Review. Integrated Risk Profile. Internal Control,
Adequacy Review, Implementation of Integrated Integrated Risk Profile,
Integrated Risk Profile, Governance. and Integrated Integrated Governance
Integrated Governance Governance Annual Report is Implementation, and
Implementation, and carried out every Semester in the Annual Integrated
Integrated Governance accordance with the provisions Governance Report
Annual Report. and on time according to the were conducted
target every semester
in accordance
with regulations
and punctually in
accordance with the
targets.
Total Score of Perspective III 30,00 30,00
PERSPECTIVE IV : FINANCIAL
Assessment of a Net profit Achievement of net profit Net Profit Realization 2,50 2,50
profitability and capital target according to RKAP of IDR57,132 billion
aspects from the RKAP target
of IDR 56,941 billion
(100.33%)
b Aset Achievement of asset targets Asset realization of 2,50 2,50
according to RKAP IDR2,135,371 billion
from the RKAP target
of IDR 2,123,215 billion
(100.6%)
c NPL Achievement of NPL targets NPL realization was 2,50 2,00
according to RKAP 3.07% of the RKAP
target of 2.94%
(95.58%)
d CAR Achievement of CAR targets CAR realization was 2,50 2,50
according to RKAP 23.6% of the RKAP
target of 23.56%
(94.4%)
Total Score of Perspective IV 10,00 9,50
Total KPI Score 100,00 101,25
Note:
*The financial realization figures use projections in the proposed RKAP/RBB.
PT Bank Rakyat Indonesia (Persero) Tbk. 659
Page 660
Corporate Governance Performance Evaluation of Committees Under the Board of Commissioners and Its Basis The Board of Commissioners conducts an evaluation of the effectiveness of the committees under its purview. The performance evaluation procedure for the committees under the Board of Commissioners is conducted Annual reports refer to the KPIs established by the Board of Commissioners. In assessing the Committee’s performance, the Board of Commissioners reviews reports on the implementation of the Committee’s duties under the Board of Commissioners. The evaluation Criteria are based on each committee’s Key Performance Indicators (KPIs). The Board of Commissioners assessed that during 2025, the committees under the Board of Commissioners performed their duties and responsibilities effectively, as reflected in each committee’s achievement of its Key Performance Indicators (KPIs). The performance evaluation based on the achievement of the Key Performance Indicators (KPIs) of each committee under the Board of Commissioners is carried out based on the following three (3) assessment perspectives: 1. Learning & Growth Perspective. This perspective focuses on the development and advancement of human resources within the organization, including training, skill enhancement, and the development of committee members’ competencies. The objective of this perspective is to strengthen internal capabilities that support the achievement of the Committee’s work program objectives. The development of committee competencies is a key element in supporting the effective implementation of the supervisory function carried out by the Board of Commissioners. 2. Internal Process Perspective. This perspective assesses the efficiency and effectiveness of the Committees’ internal processes, with a focus on ensuring each process is implemented in accordance with applicable laws and regulations and the principles of Good Corporate Governance (GCG). Achievements from this perspective directly contribute to the effectiveness of the Board of Commissioners’ supervisory function. 3. Compliance Perspective. This perspective evaluates the extent to which the activities carried out by the Committees comply with applicable laws and regulations as well as the principles of Good Corporate Governance (GCG). Compliance with regulations is an essential element in maintaining the integrity and credibility of both the Committees and the Board of Commissioners. Achievement of the Audit Committee’s Key Performance Indicators The performance indicators or criteria of the Audit Committee are measured based on the achievement of its work program / Work Plan and Budget (RKA), prepared prior to the beginning of the financial year, as well as the attendance rate of Audit Committee members at meetings. The Audit Committee’s work program is designed to support the key success factors in implementing the Board of Commissioners’ supervisory duties by executing the Audit Committee’s responsibilities. These responsibilities include the review of the Company’s internal control system, the quality of the Company’s financial statements, the effectiveness of the Internal Audit function, as well as ensuring that the Company’s overall functions and activities meet the adequacy of internal control procedures and methodologies, the implementation of the compliance function, and the application of risk management in accordance with the principles of Good Corporate Governance (GCG). In addition, the Audit Committee is responsible for reviewing the financial statements, the results of internal and external audits (Public Accounting Firm/KAP), and providing recommendations regarding the appointment of the Public Accounting Firm (KAP). In general, all Audit Committee KPIs were achieved, as reflected in the implementation of the entire Audit Committee Work Plan and Budget (RKA) for 2025 in accordance with the established targets. In addition, the attendance of Audit Committee members complied with the applicable requirements, enabling the Audit Committee meetings to reach the required quorum and to make decisions. Throughout 2025, the Audit Committee held 28 meetings, all of which were documented in the minutes. These meetings were conducted with the attendance of Audit Committee members in accordance with the applicable requirements, thereby meeting the quorum requirements for decision-making. The attendance rate of Audit Committee members is shown in the table on the frequency and attendance of Audit Committee meetings. Furthermore, the Audit Committee’s performance was supported by the competencies of its members, which aligned with the requirements for performing supervisory functions in the field of auditing. The Audit Committee provides views, inputs, and recommendations to the Board of Commissioners, both during meetings and outside meetings, which serve as a basis for the Board of Commissioners in making decisions and providing advice and recommendations to the Board of Directors. The competencies of each Audit Committee member are presented in the Audit Committee profile. 660 PT Bank Rakyat Indonesia (Persero) Tbk.
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The achievements of the Audit Committee’s performance indicators are as follows:
Assessment Assessment Output / Target
No Indicator Weight Score
Perspective Aspect Achievement
1 Learning & Growth Committee Composition of Committee The composition of the Audit 10 10
Perspective Organization members in accordance Committee members in 2025 has
with the provisions complied with OJK regulations
and the provisions of the Ministry
of State-Owned Enterpri
Competency of Committee members Members of the Audit Committee 5 5
Committee Members possess competencies possess competencies in
in accordance with the finance and/or accounting, law,
provisions economics, audit, and banking
Term of office of committee The term of office of Audit 5 5
members in accordance Committee members does not
with the provisions exceed the term of office of the
Board of Commissioners
Planning Approval of the Committee The Audit Committee Work Plan 10 10
Work Plan in a timely for 2026 was approved on 31
manner December 2025
Implementation Committee meetings During 2025, 28 KA Meetings 5 5
conducted in accordance were held
with the provisions and the
established plan
Evaluation and approval by Written recommendations in the 5 5
the Board of Directors of form of opinions and suggestions
the Annual Audit Plan (PAT) to the Board of Commissioners
regarding Approval of the 2026
Annual Audit Plan
Providing recommendations Audit Committee 5 5
regarding the proposed recommendation on the
appointment of the Public appointment of a Public
Accountant and Public Accountant and/or Public
Accounting Firm Accounting Firm for the audit
of the Consolidated Financial
Statements and PUMK Financial
Statements for the 2025
Carrying out other Duties were carried out in 5 5
assignments in accordance accordance with the provisions.
with the direction of the
Board of Commissioners
2 Internal Supervision Review of internal audit Written recommendations in the 10 10
Process reports and follow-up form of opinions and suggestions
Perspective actions on audit findings on the implementation report and
were carried out in main audit results are submitted
accordance with applicable to the Board of Commissioners
provisions. every quarter.
Review of financial Discussions between the 10 10
statements was conducted Audit Committee, the Board of
in accordance with Commissioners, and SKAI were
applicable provisions and in documented in the minutes of
a timely manner. meetings, held twice with the
Public Accounting Firm (KAP)
and twice with SKAI.
Review of Top Debtors with The Audit Committee has 5 5
high risk exposure and PEP conducted a review of Top
Debtors with high risk exposure
and PEP on November 11, 2025
Follow-up on BRI The Audit Committee has 10 10
Whistleblowing System followed up on the BRI
complaint report Whistleblowing System complaint
report on February 14, 2025.
Oversight of ICoF The Audit Committee has 5 5
implementation updated the progress of the
SKAI monitoring results on the
implementation of ICoFR.
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Corporate
Governance
Assessment Assessment Output / Target
No Indicator Weight Score
Perspective Aspect Achievement
3 Compliance Implementation of The opinion of the Public The audit opinion issued by the 10 10
Perspective corporate activities Accountant was fair in all Public Accounting Firm (KAP) on
in accordance with material respects. BRI’s financial statements was
Good Corporate fair in all material respects.
Governance (GCG)
Total 100 100
Achievement of the Nomination and Remuneration Committee’s Key Performance Indicators
The performance indicators or criteria of the Nomination and Remuneration Committee (NRC) are measured by the achievement
of its work programs/work plans prepared at the beginning of each year and by the attendance rate of NRC members at
committee meetings. The NRC’s work program is designed to support the key success factors in the implementation of the
Board of Commissioners’ duties, particularly in carrying out the nomination process for the Company’s management and
subsidiaries, evaluating remuneration policies for employees and employment matters, as well as remuneration for the Board of
Directors and the Board of Commissioners.
In general, all NRC KPIs were achieved, as reflected in the implementation of the entire NRC Work Plan for 2025 in accordance
with the established targets, as well as in NRC members’ attendance, which complied with applicable provisions, enabling NRC
meetings to reach the required quorum for decision-making. The attendance rate of NRC members is shown in the table on the
frequency and attendance of Nomination and Remuneration Committee meetings.
Furthermore, the NRC’s performance was supported by the competencies of its members, which aligned with the requirements
for performing supervisory functions in the fields of nomination and remuneration. The NRC provides views, inputs, and
recommendations to the Board of Commissioners, both during meetings and outside, which serve as a basis for the Board of
Commissioners in making decisions and providing advice and recommendations to the Board of Directors. The competencies
of each NRC member are presented in the Nomination and Remuneration Committee profile.
The achievements of the Nomination and Remuneration Committee’s performance indicators are presented as follows:
Assessment Assessment Output / Target
No Indicator Weight Score
Perspective Aspect Achievement
1 Learning Committee Composition The composition of the NRC 5 5
& Growth Organization of committee members is stipulated in the
Perspective members in Board of Commissioners’
accordance Decree and is in accordance
with applicable with OJK regulations and the
provisions provisions of the Ministry of
State-Owned Enterprises
Competency Committee All members of the Board of 5 5
of Committee members possess Commissioners serving as
Members competencies NRC members have passed
in accordance the OJK Fit and Proper Test
with applicable and have participated in
provisions relevant training.
The term of office The appointment of the 5 5
of committee Chairperson and Members
members is in of the BRI Nomination and
accordance Remuneration Committee,
with applicable including their terms of
provisions office, has been carried out
in accordance with applicable
provisions.
2 Internal Planning Approval of the The NRC Work Plan for 10 10
Process Committee Work 2026 was approved on 31
Perspective Plan in a timely December 2025.
manner
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Assessment Assessment Output / Target
No Indicator Weight Score
Perspective Aspect Achievement
Implementation Committee During 2025, the NRC held 21 10 10
meetings (twenty-one) meetings.
conducted in
accordance
with applicable
provisions and the
established plan
Nomination of BRI The nomination of BRI 10 10
management management was conducted
in accordance with the details
of the meetings.
Nomination The Nomination and 10 10
of subsidiary Remuneration Committee
management carried out the nomination
of subsidiary management in
accordance with the details of
the meetings.
Review and The NRC provided 10 10
preparation of recommendations on the
recommendations proposed remuneration of the
on the Company’s management.
remuneration
structure for the
Board of Directors
and the Board of
Commissioners
Review/discussion The NRC conducted 10 10
of the remuneration discussions on the
of the Board of remuneration of the
Directors and Company’s management in
the Board of accordance with the meeting
Commissioners details.
Supervision Reviu/ Pembahasan KNR melakukan pembahasan 10 10
Kebijakan Kebijakan Human Capital
Human Capital pada 18 November 2025 dan
dan remunerasi terkait Remunerasi Direksi
Direksi dan Dewan dan Dewan Komisaris pada 4
Komisaris secara Februari 2025
periodik
3 Compliance Implementation Evaluation of the A meeting to discuss the 5 5
Perspective of corporate performance of the evaluation of the Board of
activities in Board of Directors Directors of PT Bank Rakyat
accordance with Indonesia (Persero) Tbk was
Good Corporate held on 4 February 2025.
Governance
(GCG) Implementation The results of the GCG self- 5 5
of the Board of assessment of the Board of
Commissioners’ Commissioners obtained a
GCG self- composite rating of 2.
assessment
Performance The performance 5 5
evaluation of evaluation of the Board of
the Board of Commissioners’ committees
Commissioners’ and the evaluation of
organs committee members were
conducted at the end of each
year and disclosed in BRI’s
Annual Report.
100 100
Achievement of the Risk Management Oversight Committee’s Key Performance Indicators
The performance of the Risk Management Oversight Committee (RMOC) is measured based on the achievement of its work
programs/work plans prepared at the beginning of each year and the attendance rate of RMOC members at committee
meetings. The RMOC’s work program is designed to support the key success factors in the implementation of the Board of
Commissioners’ duties, particularly in evaluating and ensuring that the Company’s risk management implementation continues
to meet the adequacy of risk management procedures and methodologies, thereby ensuring that the Company’s activities
remain within acceptable risk limits while generating value for the Company.
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In general, the RMOC Work Plan for 2025 was implemented effectively. This is reflected in the fact that throughout 2025,
the RMOC held 24 meetings, with RMOC member attendance meeting the applicable requirements, enabling the meetings
to achieve the required quorum for decision-making. The attendance rate of RMOC members is shown in the table on the
frequency and attendance of Risk Management Oversight Committee meetings.
Furthermore, the RMOC’s performance is supported by its members’ competencies, which align with the requirements for
carrying out supervisory functions in the field of risk management. The RMOC provides views, input, and recommendations to
the Board of Commissioners, both during meetings and outside, serving as a basis for the Board of Commissioners in making
decisions and providing advice and recommendations to the Board of Directors.
The achievements of the Risk Management Oversight Committee’s performance indicators are presented as follows:
Assessment Assessment
No Indicator Output / Target Achievement Weight Score
Perspective Aspect
1 Learning Committee Composition The appointment of the 5 5
& Growth Organization of committee Chairperson and Members of the
Perspective members in BRI RMOC has been carried out
accordance in accordance with the applicable
with applicable provisions.
provisions
Competency Committee All RMOC members from the Board 5 5
of Committee members of Commissioners have passed
Members possess the OJK fit and proper test and/
competencies or participated in training during
in accordance 2024.
with applicable
provisions The appointment of the 5 5
Chairperson and Members of the
BRI RMOC and the composition of
RMOC members have complied
with applicable provisions.
2 Internal Process Planning Approval of the The RMOC Work Plan for 2025 was 10 10
Perspective Committee Work approved on December 31, 2025.
Plan in a timely
manner
Implementation Committee During 2025, the RMOC held 24 5 5
meetings (twenty four) times meetings.
conducted in In addition, the RMOC actively
accordance participated in joint meetings with
with applicable the Board of Commissioners.
provisions and
the established
plan
Evaluation of During 2025, the RMOC conducted 5 5
credit approvals eight reviews of credit consultation
exceeding a cases.
certain threshold
that require
consultation with
the Board of
Commissioners
Approval of During 2025, the RMOC conducted 10 10
corporate reviews of five approvals related to
actions and/ proposed corporate actions and/
or actions or actions of the Board of Directors
of the Board requiring approval from the Board
of Directors of Commissioners.
requiring
approval from
the Board of
Commissioners
in accordance
with applicable
provisions
Supervision Review of the In 2025, the RMOC conducted 10 10
adequacy reviews of policies related to risk
of policies management.
related to Risk
Management
and the
Recovery Plan
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Assessment Assessment
No Indicator Output / Target Achievement Weight Score
Perspective Aspect
Review of the In 2025, the RMOC reviewed the 10 10
Risk Appetite Risk Appetite Statement (RAS),
Statement (RAS), Resolution Plan, and Recovery
Resolution Plan, Plan.
and Recovery
Plan
Periodic In 2025, the RMOC periodically 5 5
review of the conducted thematic discussions on
implementation the Company’s conditions.
of thematic
supervision
Review of the In 2025, the RMOC conducted a 5 5
implementation review of the implementation of
of the Anti- AML, CTF, and CPF.
Money
Laundering,
Counter-
Terrorism
Financing,
and Counter-
Proliferation
Financing
Program (AML,
CTF, and CPF)
Evaluation and In 2025, the RMOC evaluated 5 5
analysis of the and analyzed the implementation
implementation of fraud risk control within the
of the Company.
Company’s fraud
risk control
3 Compliance Implementation of Evaluation of the In 2025, the RMOC conducted 10 10
Perspective the supervisory Company’s risk quarterly evaluations of the
function for the profile Company’s risk profile.
management of Risk
Management Evaluation In 2025, the RMOC conducted 10 10
of the Bank’s periodic evaluations of the Bank’s
soundness level soundness level in accordance with
periodically in applicable provisions.
accordance
with applicable
provisions
Total 100 100
Achievement of the Integrated Governance Committee’s Key Performance Indicators
The performance of the Integrated Governance Committee (IGC) is measured by the achievement of its work programs/work
plans prepared at the beginning of each year and the attendance rate of IGC members at committee meetings. The IGC’s work
program is designed to support the key success factors in implementing the Board of Commissioners’ duties, particularly by
evaluating and ensuring integrated governance.
In general, the IGC Work Plan for 2025 was implemented effectively. This is reflected in the fact that throughout 2025, the
IGC held 21 meetings, with IGC member attendance meeting the applicable requirements, enabling the meetings to achieve
the required quorum for decision-making. The attendance rate of IGC members is shown in the table on the frequency and
attendance of Integrated Governance Committee meetings.
Furthermore, the IGC’s performance is supported by its members’ competencies, which align with the requirements for
carrying out supervisory functions in the banking sector. The IGC provides views, inputs, and recommendations to the Board
of Commissioners, both during meetings and outside meetings, serving as a basis for the Board of Commissioners in making
decisions and providing advice and recommendations to the Board of Directors. The competencies of each IGC member are
presented in the Integrated Governance Committee profile.
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Governance
The details of the Integrated Governance Committee’s KPI achievements based on the self-assessment are as follows:
Assessment Assessment
No. Indicator Output / Target Achievement Weight Score
Perspective Aspect
1 Learning Strengthening Strengthening the Selama tahun 2025, telah 10 10
& Growth of Integrated implementation of dilaksanakan rapat dengan unit kerja
Perspective Governance Integrated Governance terkait Maturity Level BRI Group
Competency Enhancement of the This was implemented in 10 10
Enhancement competencies of IGC accordance with the established
members plan.
2 Internal Planning & Approval of the Committee The IGC Work Plan for 2026 was 10 10
Process Evaluation Work Plan in a timely approved on 31 December 2025.
Perspective manner
Implementation Committee meetings During 2025, 21 (twenty one) 10 10
conducted in accordance times IGC meetings were held
with applicable provisions with recommendations on the
and the established plan evaluation of the implementation of
Integrated Governance (Integrated
Risk Management, Integrated
Compliance, and Integrated Internal
Control).
Other meetings in During 2025, the IGC attended 10 10
accordance with the duties meetings related to the BRI Group in
of the IGC accordance with the direction of the
Board of Commissioners.
3 Compliance Compliance Composition and Changes in IGC members through 5 5
Perspective with Applicable Adjustment of Members the Board of Commissioners’
Regulations of the Financial Decrees:
Conglomerate Membership • Decree of the Board of
and term of office of Commissioners of BRI No.
committee members 12-KOM/BRI/09/2024 dated 7
according to the changes September 2024 concerning the
stated in the Decree of Composition of the Integrated
Committee Members Governance Committee
• Decree of the Board of
Commissioners No. 15-KOM/
BRI/11/2024 dated 11 November
2024 concerning the Composition
of the Integrated Governance
Committee of PT Bank Rakyat
Indonesia (Persero) Tbk
• Decree of the Board of
Commissioners No. 06-KOM/
BRI/04/2025 dated 15 April 2025
concerning the Composition
of the Integrated Governance
Committee of PT Bank Rakyat
Indonesia (Persero) Tbk
Reporting of Integrated During 2025, the IGC submitted 10 10
Governance Self- the Semi-Annual Self-Assessment
Assessment results (semi- reports on:
annual) a. January 8, 2025
b. July 8, 2025
Reporting of the annual During 2025, the IGC submitted the 10 10
Integrated Governance evaluation of the implementation of
implementation results Integrated Governance.
Review of the assessment During 2025, the IGC conducted 10 10
of the adequacy of a review of the annual report on
Integrated Internal Control the adequacy assessment of
and Integrated Compliance Integrated Internal Control and
Functions (every semester) Integrated Compliance Functions
in accordance with applicable
provisions.
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Assessment Assessment
No. Indicator Output / Target Achievement Weight Score
Perspective Aspect
Evaluation of the During 2025, the IGC conducted 10 10
implementation periodic evaluations of the
of Integrated Risk implementation of Integrated Risk
Management periodically Management in accordance with
(every semester) applicable provisions.
Submission of mandatory During 2025, the IGC submitted 5 5
reports in accordance reports in accordance with
with regulations in a timely applicable provisions in a timely
manner manner.
Total 100 100
Nomination and Remuneration of The Board of Commissioners and Directors
Nomination Procedures of The Board of Commissioners and Directors
To implement sound business practices and fulfilling the GCG principles as well as the prudential principle within PT Bank
Rakyat Indonesia (Persero) Tbk, the Board of Commissioners has stipulated the Nomination policy of members of the Board of
Commissioners and Directors with a Decree of NOKEP: 07-KOM/ BRI/07/2015 dated July 28, 2015. In general, the Succession
Policies of the Board of Commissioners and Directors are as follows:
1. The Board of Commissioners is authorized to nominate candidates for members of the Board of Directors and/or the Board
of Commissioners of the Bank.
2. For prospective members of the Board of Directors, the nomination process is through internal candidates of the Bank, i.e:
a. Members of the Board of Directors who will end their tenures but may still be reappointed as members of the Board of
Directors;
b. Executives reporting directly to the Directors or executives with excellent performance;
c. Board of Directors of a subsidiary or joint venture.
3. For candidates of members of the Board of Commissioners, the Nomination process shall be conducted for prospective members
of the Board of Commissioners who will end their tenures but may be reappointed as members of the Board of Commissioners.
4. For prospective members of the Board of Directors and/or Board of Commissioners with the exclusion of Executives under
the Board of Directors, and Subsidiaries’ Board of Directors, the Nomination process shall be conducted jointly by a Team
established by the Dwiwarna Series A Shareholder while simultaneously determining the prospective members of the Board
of Directors and/or Board of Commissioners, which will be proposed to the General Meeting of Shareholders.
5. In the Nomination process, the Chairman of the Committee shall represent the Committee, and if the Chairman of the
Committee is absent, then it shall be replaced by one of the Committee members who are an Independent Commissioner.
6. This decision also mandates the Chairman of the Committee or Independent Commissioner tok:
a. Represent the Committee as a member of the Assessment Team established by the Dwiwarna Series A Shareholder.
b. Provide recommendations on candidates for members of the Board of Directors and/ or Commissioners by taking into
account the fulfilment of the applicant’s requirements for the integrity, competence, and reputation.
7. The Chairman of the Committee or Independent Commissioner who represents the Committee shall avoid any conflict of
interest and shall maintain its independence.
In the selection process for candidates for the Board of Commissioners and Board of Directors, BRI maintains a list of BRILiaN
Top Talent comprising individuals from the BoD-1 level who have demonstrated outstanding performance and significant
potential within the company and are aligned with the company’s future strategic direction. The talent pool is then identified
based on pre-determined criteria to ensure that the selected individuals possess the necessary qualifications and are prepared
to lead BRI Group toward greater achievements. Subsequently, the identified candidates undergo validation by the Board of
Commissioners, who assess their performance and capacity based on their track record. Following this validation, the nominated
talents are presented to the Series A Dwiwarna Shareholder and/or the Cluster Talent Committee for further validation and
calibration within the cluster framework.
In addition, the Company is assisted by independent parties to periodically evaluate executive officers and officers below them
to be able to become the next successor so that leadership and character remain suitable and in accordance with the capacity
needed and required by the company.
PT Bank Rakyat Indonesia (Persero) Tbk. 667
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Corporate
Governance
The procedures for the nomination of candidates for the Board of Commissioners and the Board of Directors are as follows.
Nomination Procedures for Candidates for the Board of Commissioners and Directors
1 10
The Nomination and Remuneration
Committee (KNR) through a letter from the
Determination of effective date as
Board of Commissioners requested the
Company Manager
Board of Directors to provide a list of BRI’s
Top Talents.
2 9
The Board of Directors submits a list
of Top Talents based on the BRI Top
Talent Management System, the results Testing the Competence and
of an assessment by an independent Compliance of Management
institution and the results of the BRI Talent
Committee meeting.
3 8
KNR conducts administrative screening
Determination of Candidates for
and selection/interviews of prospective
Management at the GMS
management candidates.
4 7
Based on the selection and meeting
Series A Dwiwarna Shareholder proposes
results, the KNR submits recommendations
candidates to the GMS through the proxy
for prospective management candidates to
of Series A Dwiwarna Shareholders.
the Board of Commissioners.
5 6
The Board of Commissioners held a
meeting to determine the candidate The Board of Commissioners submits a list
management members to be proposed to of Candidates to Series A Dwiwarna and/or
the Series A Dwiwarna Shareholders and/ Cluster Talent Shareholders
or the Cluster Talent Committee.
The procedure for selecting Prospective members of the and Directors of subsidiaries or joint ventures, the
Board of Commissioners and/or Board of Directors is committee may request proposals for Candidates from
regulated as follows: the Board of Directors of the Bank, which must first be
1. The Nomination and Remuneration Committee through assessed by a professional institution with competency
the board of commissioners, requests a list of BRI’s indicators in accordance with applicable regulations.
Top Talents that meet the criteria to be proposed as a 4. Candidates for members of the Board of Commissioners
candidate for BRI management. and/ or Directors who are deemed appropriate are
2. The Board of Directors submits a list of BRI’s Top Talents subsequently proposed by the NRC to the Board of
based on BRI’s Talent management system data, the Commissioners to participate in the evaluation process.
results of assessments by independent institutions and 5. The NRC conducts an evaluation process to obtain
the results of BRI Human Capital Committee meetings. comprehensive information regarding the qualifications
3. Based on the list submitted by the Board of Directors, and competencies of a Candidate, as follows:
the NRC selects Candidates who meet the specified a. For prospective candidates for members of the
qualifications. For prospective candidates for members Board of Directors who are still in office and will end
of the Board of Directors Officers one level below the their term of office, but can still be reappointed, the
Board of Directors or officers with special achievements evaluation is carried out, among others, by asking for
the opinion of the President Director.
668 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
b. The Nomination and Remuneration Committee also dismisses the Board of Directors elected at the
selects prospective members of the Board of previous GMS if the person concerned is not approved
Directors who meet the specified qualifications. The by the OJK.
Nomination and Remuneration Committee allows the 10. BRI submits an application to the OJK to carry out a fit
use of third-party professional assessors to identify and proper test process.
potential candidates who meet desired profiles. 11. OJK is authorized to provide the result of the fit and
c. For prospective members of the Board of Directors proper test of the selected Directors, which includes
who come from officials one level below the Board of administrative research and interview. Approval or
Directors or officials who have special achievements, rejection of such application shall be provided by OJK no
or who come from the Directors of a subsidiary/joint later than 30 (thirty) days after receipt of the candidate’s
venture, Evaluation can be carried out by means: complete application.
1) Conducting interviews/interviews with the
recommended candidate for the Board of
Directors; and/or, Remuneration Policy for The Board of
2) Requesting Candidates for members of the Commissioners and Board of Directors
Board of Directors to give presentations on
certain topics, which illustrate the abilities of the The Remuneration Policy for the Board of Commissioners
Candidates in accordance with the requirements. and Directors is formulated under the Financial Services
d. For prospective candidates for the Board of Authority Regulation (POJK) Number 45/POJK.03/2015 and
Commissioners, an evaluation of qualifications and OJK Circular Letter Number 40/SEOJK.03/2016 concerning
competencies is conducted based on the person’s the Implementation of Governance in the Provision of
curriculum vitae. Remuneration for Commercial Banks, OJK Regulation
6. The results of information extraction regarding Number 18/POJK.03/2016 concerning the Implementation
prospective candidates for members of the Board of of Risk Management for Commercial Banks, OJK Regulation
Commissioners and/ or Directors are discussed in a Number 17 of 2023 concerning the Implementation of
Committee meeting to decide which Candidates will Governance for Commercial Banks, and the Regulation of the
be elected as Candidates for members of the Board of Minister of StateOwned Enterprises No. PER-3/MBU/03/2023
Commissioners and/or Directors. concerning the Organs and Human Resources of State-
7. The results of the Committee discussions are written Owned Enterprises. The Nomination and Remuneration
in the Committee’s Service Note to the Board of Committee has prepared a Remuneration policy, which was
Commissioners. The official note is a committee ratified through the Board of Commissioners’ Decree Number
recommendation document on the nomination of a SK.12-KOM/BRI/11/2025 on November 18, 2025 concerning
candidate for the member of the Board of Commissioners Guidelines for the Provision of Remuneration in the form
and/or Board of Directors concerned. of Salary/Honorarium, Allowances, Facilities and Tantiem/
8. The Board of Commissioners decides on prospective Performance Incentives as well as Long-Term Incentives
members of the Board of Commissioners and/or Directors for the Board of Directors and Board of Commissioners of
in a Board of Commissioners meeting which also serves PT Bank Rakyat Indonesia (Persero) Tbk.
as the basis for recommendations by the Board of
Commissioners to Series A Dwiwarna Shareholders and/ The remuneration for the Board of Commissioners and
or Cluster Talent Committee for further submission at the Directors is divided into two main categories: fixed
GMS. remuneration and variable remuneration. This is determined
9. GMS Determine the composition and changes of by considering the complexity and scale of the business,
members of the BRI Board of Directors, in the event that performance achievements, the company’s financial capacity,
the appointed member of the Board of Directors has not and its long-term goals, as part of the implementation
been approved by the OJK, the appointment will not be of prudence principles based on performance and risk.
effective until the person concerned is approved by the The remuneration policy is established based on the
OJK. Prospective members of the Board of Directors of predetermined eligibility criteria set at the outset as a
BRI who have not received OJK approval, are prohibited foundation for allocation. The performance achievements of
from carrying out duties as members of the Board of the Board of Commissioners and Directors, whether collegial
Directors in the Bank’s operational activities and/or other or individual, are key factors influencing the amounts of
activities that have significant influence on the Bank’s compensation and incentives received.
financial policies and condition, even though they have
been approved and appointed\by the GMS. The GMS
PT Bank Rakyat Indonesia (Persero) Tbk. 669
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Corporate
Governance
Fixed Remuneration The adjustment of deferred variable remuneration payments
The components of fixed remuneration include salary/ (malus) is applied under the following conditions:
honorarium, allowances, facilities, and other fixed elements 1. There is legal evidence of abuse of position and/or
provided to all members of the Board of Commissioners authority and/or criminal acts committed by the recipient
and Directors in accordance with their duties, authority, and of the deferred recipient variable remuneration, resulting
responsibilities. in losses for the Company.
2. Restatement of the Company’s financial statements
Variable Remuneration that served as the basis for determining the variable
In providing variable remuneration, the Company adheres to remuneration allocation.
prudent risk-taking, ensuring that performance measurement 3. The risk rating in the last quarter before the execution
methods are linked to risk. Variable remuneration components of the deferred variable remuneration is at Level 4
include, among other things, awards and/or performance (Moderate to High) or worse.
incentive which can be given in cash or shares. 4. Profit and dividend commitments, as outlined in the
Company’s Long-Term Plan (RJPP)/Corporate Plan for
Variable remuneration can be awarded based on performance the relevant period, are not achieved.
achievements, as follows: 5. The Annual General Meeting of Shareholders (GMS)
1. Short-term incentives (STI) are provided to the Board decides to reject the accountability of the Board of
of Commissioners and Directors under the resolution Directors and/or the Board of Commissioners for the
of the General Meeting of Shareholders (GMS) during Company’s performance in the financial year determined
the approval of the annual report. STI is granted as in the Annual GMS.
an incentive to achieve optimal annual performance. 6. Other considerations deemed important by the GMS.
The amount of STI is determined by considering the
achievement of annual performance results in line with The clawback of Tantiem payments already disbursed is
the collegial Key Performance Indicators (KPIs) and the applied under the following conditions:
company’s short-term goals. A partial STI paid to the 1. There is legal evidence of abuse of position and/or
Board of Commissioners was deferred during a certain authority and/or criminal acts committed by the recipient
period and/or the delegated party by GMS for the of the recipient variable remuneration, resulting in losses
stipulation of a certain percentage amount in accordance for the Company.
with the mechanism stipulated in GMS/Shareholders 2. Restatement of the Company’s financial statements
Series A. that served as the basis for determining the variable
2. Long-term incentives (LTI) are provided to the Board remuneration allocation.
of Commissioners and Directors under the resolution 3. The risk rating in the last quarter before the execution
of the General Meeting of Shareholders (GMS) during of the variable remuneration is at Level 4 (Moderate to
the approval of the annual report. The purpose of High) or worse.
providing LTI is to promote sustainable growth and 4. The Annual General Meeting of Shareholders (GMS)
ensure continuous risk management. The amount of decides to reject the accountability of the Board of
LTI is determined by considering the achievement of Directors and/or the Board of Commissioners for the
additional KPIs that target long-term objectives agreed Company’s performance in the financial year determined
upon for a specific period, with GMS approval or the in the Annual GMS.
Series A Dwiwarna Shareholder as the recipient of the 5. Other considerations deemed important by the GMS.
GMS delegation. This remuneration is granted to support
the company’s long-term vision, mission, and strategy. With a structured remuneration framework, BRI is committed
The provision of LTI is governed by specific regulations, to providing fair and competitive compensation that not only
including the performance period (vesting period) and rewards short-term performance achievements but also
a certain holding period, after which the incentives are supports the company’s long-term sustainability goals. This
awarded based on the results of long-term performance policy also prioritizes good governance principles, with a
achievements. transparent oversight system that ensures all parties meet
eligibility requirements and adhere to rules clearly and
Variable remuneration is provided in the form of shares for consistently defined.
members of the Board of Directors and Non-Independent
Commissioners, while Independent Commissioners receive it The policy related to remuneration in more detail will be
in cash. In certain specific circumstances, the Company may explained in the subheading Implementation of Governance
defer the payment of deferred variable remuneration (malus) in the Provision of Remuneration for Commercial Banks
or reclaim variable remuneration already paid (clawback) under OJK Regulation 45/POJK.03/2015 and Long-Term
from individuals designated as Material Risk Takers (MRT). PerformanceBased Compensation Policy in this Annual
Report.
670 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Remuneration Determination Procedure
Stages Activities
Formulation Nomination and Remuneration Committee
The Nomination and Remuneration Committee evaluates the remuneration structure and amount of the Board of
Commissioners and Board of Directors by taking into account the Bank’s long-term performance, risks, fairness with
peer group, objectives, and strategies, the allowance fulfillment as stipulated in the laws, and the Bank’s potential
income in the future. Based on the evaluation results, the Nomination and Remuneration Committee recommended the
Remuneration structure and amount in the Board of Commissioners’ meeting.
Proposal Board of Commissioners
The Board of Commissioners submits proposals on the determination of honorarium, allowances and facilities and
bonuses for members of the Board of Commissioners and Directors to the General Meeting of Shareholders.
Determination General Meeting of Shareholders (GMS)
The GMS may approve and determine the remuneration structure and amount, with a quorum of more than 50%
shareholder attendance and approval by more than 50% of the attending shareholders. In the event that the GMS
does not approve the proposal, the Board of Commissioners and Directors will use the same remuneration structure
and amount as in the previous fiscal year. In the event that the GMS has not yet determined the structure and amount
of remuneration, the GMS may authorize the Board of Commissioners to determine the structure and amount of
remuneration after obtaining approval from the Dwiwarna Series A Shareholder.
Remuneration Determination Stages
Nomination & Board of Approval AGMS
Remuneration Committee Commissioners
Establishing the structure Discussing the Nomination
Determining the structure
and amount of remuneration and Remuneration Agree
and amount of remuneration
for members of the Board Committee’s proposals
with the requirement of
of Commissioners and
a quorum of shareholder
Directors Disagree attendance of more than
50% and approval by
more than 50% of the
shareholders present.
Proposing the structure and The Board of Commissioners
amount of remuneration for and Directors will use the
members of the Board of same remuneration as the
Commissioners and Directors previous financial year.
to the GMS
Preparation Stage Proposal Stage Approval Stage Closing Stage
Indicators for Determining The Remuneration of The Board of Commissioners and Board
of Directors
The indicators for determining remuneration for the Board of Commissioners and Board of Directors consider a number of
factors, including benchmarking remuneration with similar industries (peer groups) at the domestic and regional levels, based
on the complexity and scale of the company’s business. achievement of performance, size, and complexity of the Company’s
operations. The Company’s remuneration policy is also oriented toward corporate development with a strong emphasis on
sustainability principles and encouraging the achievement of long-term goals.
PT Bank Rakyat Indonesia (Persero) Tbk. 671
Page 672
Corporate
Governance
Remuneration Structure of The Board of Commissioners and Board of Directors
The remuneration structure for members of the Board of Commissioners and Board of Directors includes the following:
Provision
No. Income Type
Board of Commissioners Board of Directors
1 Honorarium/Salary Based on position factor: Based on position factor:
• President Commissioner: 45% of the President • President Director: Determined by the
Director’s salary Controlling Shareholder (Minister of SOEs)
• Vice President Commissioner: 42.5% of the • Vice President Director: 90% of the President
President Director’s salary Director’s salary
• Members of the Board of Commissioners: 90% • Other Directors: 85% of the President Director’s
of the President Commissioner’s salary salary.
2 Allowance
Religious Holidays Equivalent to one month’s honorarium Equivalent to one month’s salary
Allowance
Housing Allowance Not provided IDR 27.5 million per month, including utility costs.
Not provided for Directors occupying official
residences.
Transportation 20% of the honorarium Not provided
Allowance
Post-Employment Maximum premium of 25% of the annual Maximum premium of 25% of the annual
Insurance honorarium honorarium
Club membership Membership in two professional associations. President Director/Vice President Director:
• Two golf memberships.
• Two financial club memberships.
• One family fitness club membership 2 Two
professional club memberships.
Director:
• One golf membership.
• One family fitness club membership
• Two professional club memberships
Corporate Apparel Provided in the form of uniforms, suits, and/or Provided in the form of uniforms, suits, and/ or
work attire, including accessories and traditional work attire, including accessories and traditional
wear (batik/tenun/national attire) within the annual wear (batik/tenun/national attire) within the annual
budget limit set by the Board of Directors' Decision. budget limit set by the Board of Directors' Decision.
Communications Not provided Reimbursement for call and/or data packages
based on usage
3 Facility
Vehicles Provided in the form of a transportation allowance Vehicle facilities for Directors are provided in
accordance with the company's internal policies.
Health Health insurance or reimbursement of medical Health insurance or reimbursement of medical
expenses as per the company’s internal policies. expenses as per the company’s internal policies
Legal Aid Facilities Legal assistance is provided to members of the of Commissioners in cases involving actions
Board of Commissioners in cases involving actions performed on behalf of their position related to the
performed on behalf of their position related to the company’s objectives and business activities. Legal
company’s objectives and business activities. assistance is provided to members of the Board of
Directors in cases involving actions performed on
behalf of their position related to the company’s
objectives and business activities.
672 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 673
Annual Report
2025
Amount of Nominal/Remuneration Components of Each Board of Commissioners and
Board of Directors
Nominal Amount/Component of Remuneration for Each Board of Commissioners
Post
Transport Medical Tantiem Service
No. Name Honorarium THRK Total
Allowance Benefits Before Tax Insurance
Premiums
1 Kartika Wirjoatmodjo -
2 Parman Nataatmadja* - -
3 Awan Nurmawan Nuh -
4 Edi Susianto* - -
5 Lukmanul Khakim* - -
6 Helvi Yuni Moraza * - -
7 Rofikoh Rokhim** -
8 Rabin Indrajad -
Hattari**
9 Dwi Ria Latifa** -
10 Heri Sunaryadi** -
11 Nurmaria Sarosa** -
12 Agus Riswanto** -
13 Paripurna P. -
Sugarda**
14 Haryo Baskoro -
Wicaksono**
* (Nominated as BRI’s Board of Commissioners in the AGMS on March 24, 2025)
** (Dismissed as BRI’s Board of Commissioners in the AGMS on March 24, 2025)
Notes :
Honorarium and Transportation Allowances were based on the Board of Commissioners’ Letter No. SR.12-KOM/04/2024 on April 5, 2024.
Nominal Amount/Component of Remuneration for Each Board of Directors
Post-
Tantiem
Housing Medical Service
No. Name Honorarium THRK After Total
Allowance Benefits Insurance
Tax
Premiums
1 Sunarso ** - -
2 Catur Budi Harto ** - -
3 Agus Noorsanto*** - -
4 Handayani ** - -
5 Amam Sukriyanto - -
**
6 Arga Mahanana - -
Nugraha **
7 Agus Sudiarto ** - -
8 Viviana Dyah Ayu - -
Retno K.
9 Supari ** - - -
10 Ahmad Solichin - -
Lutfiyanto***
11 Agus Winardono ** - -
12 Andrijanto ** - -
13 Hery Gunardi * - - -
PT Bank Rakyat Indonesia (Persero) Tbk. 673
Page 674
Corporate
Governance
Post-
Tantiem
Housing Medical Service
No. Name Honorarium THRK After Total
Allowance Benefits Insurance
Tax
Premiums
14 Hakim Putratama * - - -
15 Riko Adythia * - - -
16 Aquarius Rudianto - - -
*
17 Farida Thamrin * - - -
18 Akhmad - - -
Purwakajaya *
19 Alexander Dippo - -
Paris Y. S. *
20 Nancy Adistyasari - - -
*) ***)
21 Mucharom *) ***) - - -
22 Saladin - - -
Dharmanugraha
Effendi *
23 Achmad Royadi - - - - - -
****
24 Ety Yuniarti **** - - - - - -
25 Mahdi Yusuf **** - - - - - -
26 Aris Hartanto **** - - - - - -
Note:
*) Nominated as BRI’s Director in the AGMS on March 24, 2025
**) Honorably dismissed as BRI’s Director in the AGMS on March 24, 2025
***) Honorably dismissed as BRI’s Director in the EGMS on December 17, 2025
****) Effective since March 13, 2026
Long Term Incentive (LTI)
As of December 2025, there is no provision for Long-Term Incentives (LTI) for the Board of Commissioners and Directors
regarding performance achievements in 2024.
Transparency of Share Ownership of Directors and Board of Commissioners
Share Ownership of Members of The Board of Directors and The Board of
Commissioners
The Board of Directors and Board of Commissioners must disclose shares of 5% (five percent) or more, both in BRI and BRI
at banks and other companies, domiciled at home and abroad. There are no Directors and Board of Commissioners who own
shares of up to 5% (five percent) in BRI, other banks, non-bank financial institutions, and other companies. The share ownership
of the Board of Directors and Board of Commissioners is as follows.
Board of Directors Share Ownership
Share Ownership (%)
Term of Office
Name Position Non-Bank
in 2025
BRI Bank Lain Financial Others Company
Institutions
Hery Gunardi President March 24 – 435.000 Nil Nil Nil
Director December 31, (0,0002870%)
2025
Viviana Dyah Director of January 1 – March 3.819.500 Nil Nil Nil
Ayu R.K. Finance 24, 2025 (0,0025201%)
674 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 675
Annual Report
2025
Share Ownership (%)
Term of Office
Name Position Non-Bank
in 2025
BRI Bank Lain Financial Others Company
Institutions
Director of March 24 –
Finance & December 17,
Strategy 2025
Vice President December 17 –
Director December 31,
2025
Hakim Director of March 24 – - Nil Nil Nil
Putratama Operations December 31,
2025
Riko Adythia Director of March 24 – - Nil Nil Nil
Corporate December 31,
Banking 2025
Aquarius Direktur March 24 – - Nil Nil Nil
Rudianto Network dan December 31,
Retail Funding 2025
Farida Thamrin Director of March 24 – 19.800 Nil Nil Nil
Micro December 31, (0,0000131%)
2025
Akhmad Director of March 24 – 243.500 Nil Nil Nil
Purwakajaya Commercial December 31, (0,0001607%)
Banking 2025
Alexander Director of March 24 – - Nil Nil Nil
Dippo Paris Consumer December 17,
Y.S. Banking 2025
Saladin Director December 17 – - Nil Nil Nil
Dharma of Legal & December 31,
Nugraha Compliance 2025
Effendi
Mahdi Yusuf Director of December 17 – - Nil Nil Nil
Consumer December 31,
Banking 2025
Aris Hartanto Direktur 17 Desember – 31 430.964 Nil Nil Nil
Consumer Desember 2025 (0,0002844%)
Banking
Achmad Director of December 17 – 1.215.672 Nil Nil Nil
Royadi Finance & December 31, (0,0008021%)
Strategy 2025
Ety Yuniarti Director of Risk December 17 – 193.262 Nil Nil Nil
Management December 31, (0,0001275%)
2025
Nancy Director of Risk March 24 – 9,000 Nil Nil Nil
Adistyasari Management December 17,
2025
Mucharom Director of March 24 – - Nil Nil Nil
Information December 31,
Technology 2025
Sunarso President January 1 – March 5,658,656 Nil Nil Nil
Director 24, 2025
Catur Budi Vice President January 1 – March 4,045,557 Nil Nil Nil
Harto Director 24, 2025
Agus Director of January 1 – March 3,938,641 Nil Nil Nil
Noorsanto Wholesale and 24, 2025
Institutional
Business
Vice President March 24 –
Director December 17,
2025
Handayani Director of January 1 – March 5,741,900 Nil Nil Nil
Consumer 24, 2025
Business
Supari Director of January 1 – March 4,970,914 Nil Nil Nil
Micro Business 24, 2025
PT Bank Rakyat Indonesia (Persero) Tbk. 675
Page 676
Corporate
Governance
Share Ownership (%)
Term of Office
Name Position Non-Bank
in 2025
BRI Bank Lain Financial Others Company
Institutions
Ahmad Director of January 1 – March 5,454,170 Nil Nil Nil
Solichin Compliance 24, 2025
Lutfiyanto
Director of March 24 –
Human Capital December 17,
& Compliance 2025
Agus Sudiarto Director of Risk January 1 – March 3,584,100 Nil Nil Nil
Management 24, 2025
Agus Director of January 1 – March 3,469,681 Nil Nil Nil
Winardono Human Capital 24, 2025
Amam Director of January 1 – March 3,623,454 Nil Nil Nil
Sukriyanto Commercial, 24, 2025
Small and
Medium
Business
Arga M. Director of January 1 – March 3,421,385 Nil Nil Nil
Nugraha Digital and 24, 2025
Information
Technology
Andrijanto Director of January 1 – March 2,989,700 Nil Nil Nil
Retail Funding 24, 2025
and Distribution
Board of Commissioners Share Ownership
Board of Commissioners for January 1, 2025 up to March 24, 2025
Share Ownership (sheet)
Name Position Non-Bank
BRI Others Bank Financial Others Company
Institutions
Kartika Wirjoatmodjo President 1,678,000 Nil Nil Nil
Commissioner
Rofikoh Rokhim Deputy Commissioner - Nil Nil Nil
/ Independent
Commissioner
Rabin Indrajad Hattari Commissioner 1,510,100 Nil Nil Nil
Dwi Ria Latifa Independent - Nil Nil Nil
Commissioner
Heri Sunaryadi Independent - Nil Nil Nil
Commissioner
Nurmaria Sarosa Independent - Nil Nil Nil
Commissioner
Agus Riswanto Independent - Nil Nil Nil
Commissioner
Paripurna Poerwoko Independent - Nil Nil Nil
Sugarda Commissioner
Awan Nurmawan Nuh Commissioner 712,500 Nil Nil Nil
Haryo Baskoro Independent - Nil Nil Nil
Wicaksono Commissioner
676 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Board of Commissioners for March 24, 2025 up to December 31, 2025
Share Ownership (%)
Name Position Non-Bank
BRI Others Bank Financial Others Company
Institutions
Kartika Wirjoatmodjo President 1,678,000 PT Bank Mandiri 1. PT Dyandra Media
Commissioner (Persero) Tbk. (BMRI): Internation-al Tbk.
1,603,400 (DYAN): 857,000
2. PT Semen Baturaja
(Persero) Tbk.
(SMBR): 68,000
Parman Nataatmadja Deputy Commissioner -
/ Independent
Commissioner
Helvi Yuni Moraza Commissioner -
Awan Nurmawan Nuh Commissioner 712,500
Edi Susianto Independent -
Commissioner
Lukmanul Khakim Independent - 1. PT Bank Central Asia PT Hanjaya Mandala
Commissioner Tbk (BBCA): 60,000 Sampoerna Tbk
2. PT Bank Mandiri (HMSP): 1,300,000
(Persero) Tbk (BMRI):
80,000
3. PT Bank Syariah
Indonesia Tbk.
(BRIS): 50,000
Purchase/Sell of Shares of The Board of Commissioners and Directors
Disclosure of information on share ownership by the Board of Commissioners and the Board of Directors has been regulated
by Decree No. KU.02-DIR/KEP/10/2023 concerning the General Policy of Corporate Governance of PT Bank Rakyat Indonesia
(Persero) Tbk and Circular Letter No. SE.09.c-DIR/KEP/03/2023 concerning the Third Amendment to Corporate Governance as
follows:
1. Members of the Board of Directors or Board of Commissioners who own shares with voting rights, either directly or indirectly,
are required to report and submit a report regarding ownership of voting rights over shares and any changes in ownership
of voting rights over shares to the OJK.
2. In this regard, ownership of voting rights over shares and any changes in ownership of voting rights over shares by members
of the Board of Directors and Board of Commissioners must be submitted no later than 5 (five) working days since the
ownership of voting rights over shares and any changes in ownership of voting rights over shares occurred.
3. Members of the Board of Directors and Board of Commissioners may grant written power of attorney to other parties to
report ownership of voting rights over shares and any changes in ownership of voting rights over shares.
Throughout 2025, share transactions carried out by the Board of Directors and Board of Commissioners have been reported
to the Company (in Corporate Secretary Division) within 3 (three) working days after the transaction was carried out and then
reported to the Financial Services Authority. The purchases/sales of shares of the Board of Commissioners and Directors during
2025 are as follows:
Shares Price per
Transaction Reporting Shares Share After Transaction
No Name Position Transaction Before Share
Date Date Transacted (units) Purpose
(units) (IDR)
1 Sunarso President January January 21, Purchase 5.658.656 210.000 5.868.656 4.200 Investment
Director 16, 2025 2025
March 4, March 6, Purchase 5.868.656 212.800 6.081.456 3.630 Investment
2025 2025
2 Lukmanul Independent March 27, April 17, Sale 280.000 280.000 0 4.010 Implementation
Khakim Commissioner 2025 2025 of POJK
No. 33/
POJK.03/2015
PT Bank Rakyat Indonesia (Persero) Tbk. 677
Page 678
Corporate
Governance
Diversity Policy for Directors and Board of Commissioners
The diversity of the composition of the Company’s Directors and Board of Commissioners is in accordance with OJK Circular Letter
No. 32/SEOJK.04/2015 concerning Public Company Governance Guidelines. The appointment of the Board of Commissioners
and Directors is carried out by considering age, gender, education, experience, integrity, dedication, understanding of company
management issues, having knowledge and/or expertise in the required fields and being able to provide sufficient time to carry
out their duties as well as other requirements based on legislation. Currently, the Board of Commissioners and Directors have
met the criteria for age, gender, education, experience, integrity, dedication, understanding of company management issues,
and knowledge and/or expertise in the fields required by the Company.
Diversity in Board of Directors Composition
Table of Diversity in Board of Directors Composition
Tenure Period
Work
Name Position During Age Gender Education Expertis
Experience
2025
Hery Gunardi President March 24 – 63 years Male • Bachelor of Have work Change
Director December 31, old Business experience in and Project
2025 Administration banking Management,
• Master Strategic
Finance and Management,
Accounting Insurance,
• Doctor of Wealth
Business Management,
Management Consumer
Banking, Micro
& Retail Banking,
Distribution
Strategy
Viviana Dyah Ayu Director of January 1 – March 47 years Female • Bachelor Have work Corporate
R.K. Finance 24, 2025 old of Animal experience in Finance,
Husbandry banking Accounting
Director of March 24 – • Master of Management,
Finance & December 17, 2025 Business Risk and
Strategy Administration Compliance
Management
Vice President December 17 –
Director December 31,
2025
Hakim Putratama Director of March 24 49 years Male • Bachelor of Have work International
Operations – December 31, old International experience in Banking,
2025 Relations banking Transaction
• Master of Banking, Banking
International Operations,
Business Consumer
Banking, Risk
Management
Riko Tasmaya Director of March 24 52 years Male • Bachelor of Have work Wholesale
Corporate – December 31, old Accountant experience in Banking,
Banking 2025 • Master of banking Transaction
Business Banking,
Administration International &
FDI Connectivity,
Transformation,
Finance, Risk
Management
678 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Tenure Period
Work
Name Position During Age Gender Education Expertis
Experience
2025
Aquarius Director of March 24 58 Years Male Bachelor of Have work Risk
Rudianto Network and – December 31, old Social and experience in Management,
Retail Funding 2025 Political Science banking Operasional,
in Government Consumer
Banking,
Commercial
Banking,
Distribution &
Retail Banking
Farida Thamrin Director of March 24 53 Years Male Bachelor of Civi Have work Treasury,
Treasury and – December 31, old Engineering experience in Finance, Risk
International 2025 banking Management,
Banking Corporate
Banking,
International
Banking
Akhmad Director of March 24 54 Years Male • Bachelor of Have work Micro Banking,
Purwakajaya Micro – December 31, old Accountant experience in Wholesale
2025 • Magister of banking Banking,
Manajemen Corporate
Banking
Alexander Dippo Director of March 24 43 Years Male • Bachelor of Have work Corporate
Paris Y.S. Commercial – December 31, old Economics experience in Banking,
Banking 2025 • Master of banking Commercial
Management Banking,
• Master of SME Banking,
Business Transaction
Administration Banking,
Multifinance
Saladin Dharma Director of March 24 51 Years Male Bachelor of Have work IT & Digital
Nugraha Effendi Information – December 31, old Engineering, experience in Banking, Cyber
Technology 2025 Mechanical banking Security, Risk
Engineering Management
Mahdi Yusuf Director of Legal December 17 – 60 Years Male • Bachelor of Have work Legal,
& Compliance December 31, old Economics experience in Compliance
2025 • Master of Law banking
Aris Hartanto Director of December 17 – 50 Years Male • Bachelor of Have work Risk
Consumer December 31, old Economics experience in Management,
Banking 2025 • Master of banking Consumer
Business Banking,
Administration International
Business,
Network
Management,
Insurance
Business
Achmad Royadi Director of December 17 – 50 Years Male • Bachelor of Have work Finance &
Finance & December 31, old Economics experience in Strategy,
Strategy 2025 • Master of banking Treasury &
Business International
Administration Business,
Pension Fund
Ety Yuniarti Director of Risk December 17 – 44 Female • Bachelor of Have work Risk
Management December 31, Years Engineer experience in Management,
2025 old • Master of banking Corporate
Business Finance, Retail
Administration Lending,
Information
System Audit
PT Bank Rakyat Indonesia (Persero) Tbk. 679
Page 680
Corporate
Governance
Tenure Period
Work
Name Position During Age Gender Education Expertis
Experience
2025
Nancy Director of March 24 – 44 Female Bachelor of Have work Corporate
Adistyasari Consumer December 17, 2025 Years Geophysics and experience in Banking,
Banking old Meteorology banking Commercial
Banking,
Institutional
Banking, SME
Banking,
Management
Subsidiaries,
Credit Settlement
and Rescue
(PPK), Consumer
Banking
Mucharom Director of Risk March 24 – 56 Years Male • Bachelor of Have work Risk
Management December 17, 2025 old Economics experience in Management,
• Master of banking Compliance,
International Human Capital,
Management Strategic
Management,
GRC
Sunarso President January 1 – March 62 years Male • Bachelor of Have work Wholesale
Director 24, 2025 old Agronomy experience in Banking,
• Master of banking Corporate
Business Banking, Micro
Administration Banking, Risk
Management
Catur Budi Harto Vice President January 1 – March 62 years Male • Bachelor of Have work Consumer
Director 24, 2025 old Agronomy experience in Banking,
• Master of banking Wholesale
Management Banking, Risk
Management
Agus Noorsanto Director of January 1 – March 61 years Male • Bachelor of Have work Wholesale
Wholesale and 24, 2025 old Accounting experience in Banking,
Institutional • Master of banking Corporate
Busness Management Banking, Risk
Management
Vice President March 24 –
Director December 17, 2025
Handayani Director of January 1 – March 60 years Male • Bachelor of Have work Consumer
Consumer 24, 2025 old Dentistry experience in Banking,
Business • Master of aviation and Wholesale
Management banking Banking, Risk
Management
Supari Director of January 1 – March 59 years Male • Bachelor of Have work Micro
Micro Business 24, 2025 old Agricultural experience in Banking, Risk
Technology banking Management
• Master in
Agribusiness
Management
Ahmad Solichin Director of January 1 – March 55 years Male • Bachelor of Have work Risk
Lutfiyanto Compliance 24, 2025 old Agricultural experience in Management,
Technology banking Governance, Risk
Director of March 24 – • Master of Management,
Human Capital & December 17, 2025 Management and Compliance
Compliance (GRC), Wholesale
Banking
Agus Sudiarto Director of Risk January 1 – March 60 years Male • Bachelor of Have work Risk
Management 24, 2025 old Law experience in Management,
• Master of aviation and Sharia Banking,
Management banking Corporate
Banking
680 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Tenure Period
Work
Name Position During Age Gender Education Expertis
Experience
2025
Agus Winardono Director of January 1 – March 60 years Male • Bachelor of Have work Human
Human Capital 24, 2025 old Corporate experience in Capital, Risk
Economics banking Management
• Master in
Financial
Management
• Doctor of HR
Management
Amam Sukriyanto Director of January 1 – March 57 years Male • Bachelor of Have work Retail Banking,
Commercial, 24, 2025 old Agro-industrial experience in International
Small and Technology banking Business
Medium • Master of Banking, Risk
Business Business Management
Administration
Arga M. Nugraha Director of January 1 – March 45 years Male • Bachelor of Have work IT & Digital
Digital and 24, 2025 old Informatics experience in Banking, Risk
Information Engineering banking Management
Technology • Master of
Science
Andrijanto Director of Retail January 1 – March 51 years Male • Bachelor of Have work Finance, Risk
Funding and 24, 2025 old Accounting experience in Management
Distribution • Master of banking
Finance
Composition Diversity of The Board of Commissioners
Table of Diversity in the Composition of the Board of Commissioners for the Period from January 1, 2025 to March 24,
2025
Name Position Age Gender Education Work Experience Expertis
Kartika President 52 years Male • Bachelor of Accounting Have experience in Banking, Finance,
Wirjoatmodjo Commissioner old • Master of Business banking, finance and Risk Management
Administration risk management
Rofikoh Rokhim Vice President 54 years Female • Bachelor of Economics Have experience in Finance,
Commissioner/ old • Bachelor of Political finance, economics Economics,
Independent Science and management Management,
Commissioner • Master Specialist in Accounting
Public Finance
• Master International
& Development
Economics
• Ph.D. in Economics
Rabin Indrajad Commissioner 50 years Male • Bachelor of Economics Have experience in Statistic,
Hattari old and Mathematics statistics, economics Economics,
• Master of Management and management Management
• Ph.D. in Economics
Dwi Ria Latifa Independent 59 years Female • Bachelor of Law Have experience in Law, Social
Commissioner old • Alumni of Lemhanas law, socio-politics and Politics,
• Master of Science regulation Regulation
Heri Sunaryadi Independent 60 years Male • Bachelor of Agricultural Have experience Capital Market,
Commissioner old Technology in capital markets, Technology,
• Master of Management technology, and Management
management
PT Bank Rakyat Indonesia (Persero) Tbk. 681
Page 682
Corporate
Governance
Name Position Age Gender Education Work Experience Expertis
Paripurna Independent 68 years Male • Doctor of Management Have experience in Law, Social
Poerwoko Commissioner old • Bachelor of Law law, socio-politics and Politics,
Sugarda • Master of Law management Management
• Doctor of Law
Agus Riswanto Independent 63 years Male • Bachelor of Law Have experience in law, Law, Intelligent,
Commissioner old • Master of Law law enforcement and Regulation
regulation
Nurmaria Sarosa Independent 60 years Female • Bachelor of Architecture Have experience in ESG, logistics,
Commissioner old ESG, logistics and Management
management
Awan Nurmawan Commissioner 57 years Male • Bachelor of Economics Have experience in Accounting, Audit,
Nuh old • Master of Business accounting, auditing Taxation
Taxation and taxation
Haryo Baskoro Independent 43 years Male • Bachelor of International Have experience Governance, Risk
Wicaksono Commissioner old Relations in governance, Management,
• Master of Economics risk management, and Compliance
and Business compliance (GRC),
Management.
Table of Diversity in the Composition of the Board of Commissioners for the Period from March 24, 2025 to December 31,
2025
Name Position Age Gender Education Work Experience Expertis
Kartika President 52 years Male • Bachelor of Accounting Have experience in Banking, Finance,
Wirjoatmodjo Commissioner old • Master of Business banking, finance and risk Risk Management
Administration managemen
Parman Vice President 68 years Male • Sarjana Have experience in Banking, Finance,
Nataatmadja Commissioner/ old Manajemen(Bachelor of finance, economics and Risk Management
Independent Economics) management
Commissioner • Master of Finance
Helvi Yuni Commissioner 58 years Male • Sarjana Manajemen Have experience in Management, Risk
Moraza old (Bachelor of Economics) government, economics, Management,
• Master of Management and management Economy
Awan Nurmawan Commissioner 57 years Male • Bachelor of Economics Have experience in Accounting, Audit,
Nuh old • Master of Business accounting, auditing and Taxation
Taxation taxation
Edi Susianto Independent 58 years Male • Bachelor of Economics Have experience in Finance,
Commissioner old & Development economics, finance, Economic, Risk
• Master of Economics fiscal, monetary, and risk Management,
and Finance management Accounting
Lukmanul Independent 42 years Male • Bachelor of Have experience in Law, Business
Khakim Commissioner old Constitutional Law law, constitutional Administration,
• Master of Administrative governance, Risk Management,
Sciences administration, and GRC
business management
Period 1 January - 24 March Period March 24 to December 31
10% 16.67%
<50 <50
30% 100%
Years 40% Years 16.67%
Doktor Master
Old >60 60% Old >60
Age Education Age Education
50% Years Master 66.66% Years
Old 10% Old
50-60 50-60
Years Years
Bachelor
Old Old
682 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
4. Reporting to the Company on the share ownership of
Organs and Committees Under The members of the Board of Commissioners and/or their
Board of Commissioners families in the Company and other companies.
5. Providing a report on the supervisory duties that have
Secretary of Board of Commissioners been carried out during the previous financial year to the
General Meeting of Shareholders.
The Board of Commissioners Secretariat is an organ responsible 6. Preparing a report on the GCG Self-Assessment
to the Board of Commissioners and tasked with assisting in implementation of the Board of Commissioners and
the implementation of the Board of Commissioners' duties the Committee each Semester, in coordination with the
Compliance division.
and responsibilities within the framework of the Company's
7. Coordinating the achievement of the duties of the
supervision. The Board of Commissioners Secretariat is led by
Committees and organs reporting directly to the Board of
a Secretary of the Board of Commissioners, who is appointed
Commissioners.
and dismissed by the Board of Commissioners upon the 8. Coordinating with the Committees of the Board of
recommendation of the Dwiwarna Series A Shareholder. Commissioners in preparing reports on the supervision
results on the implementation of the Company’s Business
Duties and Responsibilities of The Board of Plan every semester to the Financial Services Authority
Commissioners Secretariat in accordance with the prevailing laws and regulations.
9. Coordinating and following-up on requests and/
The Secretariat of the Board of Commissioners has or collection of data/information from and/or to the
guidelines and regulations for the Secretariat of the Board Company’s management and external parties not
of Commissioners which are stipulated by the Decree of covered by the Committee’s duties, including information
the Board of Commissioners Nokep: 13-KOM/BRI/11/2025 on rules and regulations relevant to the duties and
dated November 28, 2025 which contains the duties and responsibilities of the Board of Commissioners.
responsibilities of the Board of Commissioners Secretariat, 10. Coordinating the drafting of the Annual Work Plan and
among them: Budget of the Board of Commissioners, which is an
1. Coordinating the execution of the duties of the Staff, integral part of the Annual Work Plan and Budget of the
Commissioner Secretary, and Administrator in the Board of Company prepared by the Board of Directors.
Commissioners. 11. Coordinating the preparation of suggestions and opinions
2. Coordinating the Board of Commissioners meetings. on the agenda and material of the General Meeting of
3. Coordinating the administrative, secretarial, and protocol Shareholders.
duties of the Board of Commissioners.
Board of Commissioners’ Secretary Profile
Period from January 1, 2025 to October 15, 2025
Place and Year of Birth/Age
Born in Pekalongan in 1986. Age 39 years as of December 2025.
Educational Background
- Diploma III - State Accountancy College (STAN) (2006)
- Bachelor of Economics (Accounting) - University of Indonesia (2009)
- Master of Business Administration (Global Banking and Finance) - University of
Birmingham, UK (2016)
Work Experience
- Secretary of the Board of Commissioners of PT Semen Indonesia (Persero) Tbk (2021 )
- Secretary of the Board of Commissioners of PT Bank Mandiri (Persero) Tbk (2019)
- Secretary of the Board of Commissioners of PT Indonesia Asahan Aluminium (Persero)
MIND ID (2017)
Widia Jessti - Secretary of the Board of Commissioners of PT Bahana Pembinaan Usaha Indonesia
Board of Commissioners’ Secretary (Persero) (2011)
Legal Basis for Appointment
Citizenship Decree of the Board of Commissioners Number 05-KOM/BRI/04/2022 dated April 18, 2022
concerning the Dismissal and Appointment of the Secretary of the Board of Commissioners
Indonesian citizen of PT Bank Rakyat Indonesia (Persero) Tbk
Domicile Legal Basis for Dismissal
South Tangerang Decree of the Board of Commissioners Number 09-KOM/BRI/09/2025 dated October
29, 2025 concerning the Dismissal and Appointment of the Secretary of the Board of
Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
April 2022 – October 2025
Concurrent Positions
Structural Position at the State-Owned Enterprises Supervisory Agency (BP BUMN)
PT Bank Rakyat Indonesia (Persero) Tbk. 683
Page 684
Corporate
Governance
Period from October 15, 2025 to December 31, 2025
Place and Year of Birth/Age
Born in Temanggung in 1983. Age 42 years as of December 2025.
Educational Background
- Diploma III – State College of Accountancy (2006)
- Bachelor of Economics (Accounting) – University of Indonesia (2009)
- Master of Accounting – Gadjah Mada University (2012)
Work Experience
- Secretary of Board of Commissioners of PT Bank Tabungan Negara (Persero) Tbk (2022 )
- Secretary to the Board of Supervisors of Perum Bulog (2019)
- Secretary of Board of Commissioners of PT Bank Nasional Indonesia (Persero) Tbk (2017)
- Secretary of Board of Commissioners of PT Pembangunan Perumahan (Persero) (2016)
Fahrudin
Legal Basis for Appointment
Sekretaris Dewan Komisaris
Decree of the Board of Commissioners Number 10-KOM/BRI/10/2025 dated October
29, 2025, concerning the Dismissal and Appointment of the Secretary of the Board of
Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
Citizenship
Term of Office
Indonesian Citizen
October 2025 – present
Domicile
Concurrent Positions
Central Jakarta
Functional Positions in the BP of SOEs
Competency Development of The Board of Commissioners Secretary
Competency Development/
Name Time and Place of Implementation Organizer
Training Materials
Widia Jessti CA (Chartered Accountant) Online, January 10, 2025 IAI
Certification
Audit for tomorrow: Strategic future Medan, August 27 – 28, 2025 IIA Indonesia
ready sustainable
Fahrudin Board Oversight on Business Growth Nusa Tenggara Barat, October 2025 LPPI
External Assurance for Sustainability Jakarta, October 2025 NCCR
Report
Implementation Duties of The Board of Report, Report on Internal Audit Examination Results,
Commissioners Secretary and other required reports.
d. Preparing the necessary materials relating to
1. Implementation of the Board of Commissioners Meeting matters that must obtain a decision from the
The Secretariat of the Board of Commissioners has Board of Commissioners regarding the Company’s
coordinated the implementation of the meetings of the management activities carried out by the Board of
Board of Commissioners, namely: Directors and all of its staff.
a. Coordinating the implementation of good e. Preparing and coordinating the meeting agenda with
corporate governance (GCG) within the Board of the parties attending the meeting.
Commissioners. f. Drafting agendas, time and place for meetings based
b. Providing information for the needs of the Board of on the direction of the Board of Commissioners
Commissioners in the framework of decision-making. and input from the Committees of the Board of
c. Preparing the necessary materials related to the Commissioners.
routine reports of the Board of Directors in managing g. Prepare, coordinate and obtain meeting materials
the Company such as: RKAP, Annual Report, Quarterly from sources related to the meeting agenda, to be
684 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 685
Annual Report
2025
submitted to the Board of Commissioners and/or to Company, including information on regulations and
the Committees if necessary. provisions relevant to the duties and responsibilities
h. Preparing considerations, opinions, suggestions and of the Board of Commissioners.
other decisions from the Board of Commissioners b. Coordinating the implementation and self-
for Shareholders, Directors and parties related to the assessment of Good Corporate Governance at the
management of the Company. Board of Commissioners and Supporting Organs of
i. Drafting meeting minutes and keeping copies. the Board of Commissioners.
j. Monitoring and checking the progress of
implementing the results of decisions/meetings,
opinions, suggestions, and other decisions of the Audit Committee
Board of Commissioners.
2. Implementation of Secretarial Duties The Board of Commissioners established an Audit Committee
Coordinating the administrative, secretarial, and protocol to assist the Board of Commissioners in carrying out the
tasks of the Board of Commissioners, including in terms Company's supervisory duties and functions. The Audit
of: Committee is responsible to the Board of Commissioners by
a. Managing correspondence, archives and other providing independent opinions on matters that require the
documents addressed to the Board of Commissioners Board's attention, in accordance with GCG principles and
based on the principles of Good Corporate applicable laws and regulations.
Governance.
b. Managing correspondence, archives and other Basis for Establishing The Audit Committee
documents addressed to the Board of Commissioners
based on the principles of Good Corporate The establishment of the Audit Committee has been
Governance. regulated in:
c. Managing the activities of the Board of 1. Minister of State-Owned Enterprises (BUMN) Regulation
Commissioners and the Supporting Organs of the Number PER-2/MBU/03/2023 concerning Guidelines
Board of Commissioners, including participation in for Corporate Governance and Significant Corporate
training programs/workshops/ seminars, work visits, Activities of State-Owned Enterprises;
business trips, and others, including ensuring the 2. Minister of State-Owned Enterprises (BUMN) Regulation
availability of facilities and logistics to support the Number PER-3/MBU/03/2023 concerning the
smooth running of these activities/events. Organization and Human Resources of State-Owned
3. Drafting of the Work Plan and Report of the Board of Enterprises;
Commissioners 3. OJK Regulation Number 55/POJK.04/2015 concerning
The Secretary of the Board of Commissioners coordinated the Establishment and Implementation Guidelines for the
with the Committees of the Board of Commissioners in Work of the Audit Committee;
preparing: 4. OJK Regulation Number 17 of 2023 concerning the
a. The Board of Commissioners’ Annual Work Plan Implementation of Governance for Commercial Banks;
and Budget which became an integral part of the 5. Articles of Association of PT Bank Rakyat Indonesia
Company’s Annual Work Plan and Budget prepared (Persero) Tbk, including its amendments.
by the Board of Directors.
b. Making reports on the results of the supervision of Audit Committee Charter
the Board of Commissioners on the implementation
of the Company’s Business Plan every semester to The Company’s Audit Committee Charter is regulated under
the Financial Services Authority in accordance with Decree Number 10-KOM/06/2024, dated May 28, 2024,
the applicable laws and regulations, the Annual concerning the Guidelines and Rules of Procedure for the
Supervisory Report of the Board of Commissioners Audit Committee of PT Bank Rakyat Indonesia (Persero)
to the GMS, as well as other necessary reports. Tbk. The Audit Committee Charter serves as a reference
4. Implementation of Other Duties of the Secretariat of the for the Audit Committee in carrying out its duties effectively.
Board of Commissioners It acts as a guideline and operational framework for the
Referring to the Charter of the Secretariat of the Audit Committee in assisting the Board of Commissioners
Board of Commissioners, which the Board approved in overseeing the Company, particularly regarding the
of Commissioners, the Secretariat of the Board of implementation and evaluation of BRI’s audit policies on
Commissioners carries out other tasks, including: the quality of internal control systems, risk management,
a. Coordinating and following up on the request of and corporate governance systems based on prudential
the Board of Commissioners in collecting data/ principles and Good Corporate Governance (GCG) principles.
information from and/or to the management of the
PT Bank Rakyat Indonesia (Persero) Tbk. 685
Page 686
Corporate
Governance
The Audit Committee Charter includes the following aspects:
Chapter Discussion
Chapter I Introduction
1.1 Background
1.2 Legal Basis
1.1 Definitions
Chapter II Audit Committee Structure
1.1 Values and Code of Ethics of the Audit Committee
1.2 Structure and Membership of the Audit Committee
1.1 Membership Requirements of the Audit Committee
Chapter III Objectives, Authority, Duties, and Responsibilities
1.1 Objectives
1.2 Authority of the Audit Committee
1.3 Duties and Responsibilities
1.4 Financial Reporting
1.5 Internal Control
1.6 Internal and Integrated Audit Unit
1.7 Subsidiaries (Integrated Governance)
1.8 Independent Auditor
1.9 Compliance
1.10 Whistleblowing System
1.11 Social and Environmental Responsibility Program (TJSL) - Micro, Small, and Medium Enterprises Funding (PUMK)
1.12 Health Level Assessment
1.13 Other Duties
Chapter IV Work Procedures and Processes of the Audit Committee
1.1 Audit Committee Work Program
1.2 Communication Protocol
1.3 Meeting Organization Mechanism
1.4 Correspondence Mechanism
1.1 Audit Committee Reports and Evaluations
Chapter Discussion
Chapter V Conclusion
Appointment and Dismissal of The Audit the quality of financial reports, supervising the performance
Committee of the Internal Audit Unit (SKAI), integrated governance,
compliance with company regulations, and the effectiveness
The Audit Committee is appointed and dismissed by and of independent auditors. Additionally, the Audit Committee
is accountable to the Board of Commissioners. During ensures the functioning of the Whistleblowing System
2025, the positions of Chairman and Members of the Audit (WBS) as a transparent reporting mechanism, monitors the
Committee were determined through: implementation of social and environmental responsibility
1. Board of Directors Decree No. 3922-DIR/HBS/11/2024, programs, and assesses the company’s financial health to
dated November 11, 2024 regarding the Appointment of ensure its operations align with good governance principles
the Chairman and Members of the Audit Committee of and support corporate objectives.
PT Bank Rakyat Indonesia (Persero) Tbk.
2. Board of Directors Decree No. 1719 -DIR/HBS/04/2025, Financial Reporting
dated April 17, 2025 regarding the Appointment of the 1. Review financial information to be disclosed to the
Chairman and Members of the Audit Committee of PT public and/or regulatory authorities, including financial
Bank Rakyat Indonesia (Persero) Tbk. statements, projections, and other financial reports.
2. Ensure the credibility and objectivity of financial reports
Duties and Responsibilities of The Audit issued to external parties and supervisory bodies,
Committee including follow-ups on complaints and/or discrepancies
noted in reports reviewed by the Audit Committee.
The Audit Committee assists the Board of Commissioners in 3. Conduct reviews with Management, SKAI, and Public
carrying out its duties and responsibilities by evaluating and Accountants, KAP or Audit Team from regarding audit
ensuring the implementation of internal controls, overseeing findings, including any difficulties encountered.
686 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 687
Annual Report
2025
4. Provide independent opinions in case of differences 11. Oversee and evaluate other Internal Audit functions
between management and the Public Accountant, KAP as required by regulations, the company’s articles of
or Audit Team regarding services provided. association, and/or General Meeting of Shareholders
5. Review the annual report to ensure adequacy, (RUPS) resolutions.
consistency, and accuracy of the information. 12. Periodically evaluate internal audit reports and
6. Monitor and assess the financial reporting process recommend corrective actions to address weaknesses in
audited by External Auditors. controls, fraud, compliance, and other issues identified
by SKAI.
Internal Control
1. Monitor and evaluate audit planning and execution and Subsidiary Entities (Integrated Governance)
follow-up on audit findings to assess the adequacy of 1. Monitor and evaluate the application of financial and
internal control, including financial reporting processes. internal audit policies at BRI and its subsidiaries.
2. Assist the Board of Commissioners in ensuring the 2. Provide recommendations to the Board of Commissioners
effectiveness of internal control systems and the to enhance the effectiveness and accuracy of financial
performance of internal and external auditors. reporting and alignment of internal audit policies between
3. Provide recommendations for improving management the Parent Company and Subsidiaries.
control systems and their implementation. 3. Coordinate and hold Technical Meetings with the Audit
4. Ensure satisfactory evaluation procedures for all Committee and Subsidiary Management alongside
company-issued information. KTKT.
5. Identify issues requiring the Board of Commissioners’
attention. Independent Auditors
6. Perform duties related to risk management as per legal 1. Recommend the appointment of a Public Accountant
regulations. (AP) and/or Public Accounting Firm (KAP) for annual
financial audits to the Board of Commissioners for
Internal Audit Unit (SKAI) and Integrated Governance submission to the General Meeting of Shareholders
1. Ensure SKAI operates independently and upholds (RUPS), considering independence, scope, and fees.
integrity in performing its duties. 2. Oversee the procurement process for selecting public
2. Evaluate SKAI’s performance. accounting firms, ensuring compliance with corporate
3. Monitor and assess the effectiveness of internal audits. procurement regulations, and seeking Board of Directors’
4. Ensure SKAI communicates with the Board of Directors, assistance when necessary.
Board of Commissioners, and OJK Regulation. 3. Providing recommendations to the Board of
5. Provide recommendations to the Board of Commissioners Commissioners to delegate to the RUPS, in the event
regarding: that the Public Accountant and/or KAP appointed by
a. Annual audit planning, scope, and SKAI budget. the RUPS as referred to in point 1, is unable to complete
b. Approval of independent quality control reviewers for the audit services for the annual historical financial
SKAI performance evaluations. information within the Professional Assignment Period.
c. Approval of the Internal Audit Charter. The Board of Commissioners may appoint a replacement
d. Annual SKAI remuneration and performance rewards. Public Accountant and/or KAP, taking into account the
e. Appointment and dismissal of the SKAI Head. Audit Committee's recommendations.
6. Review audit reports and ensure that the Board of a. If the Audit Committee is unable to recommend
Directors promptly addresses weaknesses in control, a Public Accountant and/or KAP to provide audit
fraud, compliance issues, and other identified concerns. services for the annual historical financial information
7. Review Company Reports submitted to the OJK to the Board of Commissioners before the RUPS,
Regulation regarding Internal Audit implementation. as referred to in point 1, the Audit Committee shall
8. Review all SKAI reports submitted to the Board of recommend delegating the authority to appoint
Commissioners, including reports on any deviations a Public Accountant and/or KAP to the Board of
addressed to the Board of Directors. Commissioners, accompanied by an explanation
9. Assess SKAI’s audit execution and oversee the Board of regarding:
Directors’ follow-up actions on Internal Audit findings. 1) The reason for delegating the authority;
10. Monitor and evaluate the application of financial and 2) The criteria or limitations for the Public
internal audit policies for BRI’s Parent and Subsidiary Accountant and/or KAP that may be appointed.
Companies.
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b. In formulating the recommendations as referred to in d. Improvement recommendations provided by the
point 1, the Audit Committee must consider: Public Accountant and/or KAP; and
1) The independence of the Public Accountant, e. Other relevant matters.
KAP, and individuals within the KAP; 9. Providing an independent opinion in the event of
2) The scope of the audit; differences of opinion between management and the
3) The audit service fees; Public Accountant regarding the services provided.
4) The expertise and experience of the Public 10. Supervising the implementation of the appointment of the
Accountant, KAP, and Audit Team from the KAP; Public Accountant and/or KAP, including replacements,
5) The methodology, techniques, and audit tools with reference to the use of audit services for annual
used by the KAP; historical financial information from the same Public
6) The benefits of fresh-eye perspectives Accountant for five (5) cumulative years.
gained through the replacement of the Public 11. Reviewing the KAP’s self-assessment regarding
Accountant, KAP, and Audit Team from the KAP; compliance with restrictions on the use of audit services
7) The potential risks of using audit services from and cooling- off periods. The reuse of audit services
the same KAP consecutively for an extended for annual historical financial information from the same
period; and/or Public Accountant is subject to a cooling-off period
8) The results of evaluations of the audit services for based on the Public Accountant’s role in the engagement:
annual historical financial information provided a. If the Public Accountant acts as the Engagement
by the Public Accountant and KAP in the previous Partner, a cooling-off period of five (5) consecutive
period, if applicable. reporting years applies;
4. Submitting the Audit Committee’s recommendations b. If the Public Accountant acts as the engagement
on the appointment of the Public Accountant and/ quality control reviewer, a cooling-off period of three
or KAP to the Board of Directors of PT Bank Rakyat (3) consecutive reporting years applies; and
Indonesia (Persero), Tbk. and/or the DPLK Management c. For other audit engagement partners, a cooling-off
for inclusion as an attachment to the Report on the period of two (2) consecutive reporting years applies.
Appointment of the Public Accountant and/or KAP to the 12. Submitting the Audit Committee’s Evaluation Report, as
OJK Regulation. referred to in point 9, to the Board of Directors of PT Bank
5. Proposing the termination of the Public Accountant, Rakyat Indonesia (Persero), Tbk. and/or the DPLK BRI
KAP, or Audit Team from the KAP if they fail to meet the Management.
applicable standards and regulations in carrying out their
duties. Compliance
6. Reviewing prospective Public Accountants or Audit 1. Monitor the effectiveness of policies and review
Teams from the KAP for consolidated subsidiaries. The fraudulent financial reporting risks, recommending
KAP for consolidated subsidiaries shall be appointed and improvements to reports prepared and executed by the
determined by the respective subsidiary in accordance Board of Directors.
with its Articles of Association but must be consulted 2. Assess compliance with regulations related to the
with the Audit Committee to assess the independence of company’s operations.
the prospective Public Accountant, KAP, or Audit Team
from the KAP and the audit supervision conducted by the Whistleblowing System
Audit Committee. The Audit Committee’s Whistleblowing System Management
7. Providing prior approval (pre-approval) for non- Unit has the authority and responsibility to:
assurance services assigned to the KAP. 1. Receive and document reports of violations related
8. Evaluating the implementation of audit services for annual to accounting processes and financial reporting, as
historical financial information by the Public Accountant, well as violations by BRI’s Board of Commissioners,
KAP, or Audit Team from the KAP at a minimum through: Board of Directors, SEVP, and subsidiary directors from
a. The compliance of the audit implementation by the Whistleblowing System application.
Public Accountant, KAP, or Audit Team from the KAP 2. Review reports received from SKAI’s Whistleblowing
with applicable audit standards; System Management Unit regarding accounting
b. The adequacy of fieldwork time; violations and financial irregularities by BRI’s Board of
c. A review of the scope of services provided and the Commissioners, Board of Directors, SEVP, and subsidiary
adequacy of sampling; directors.
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3. The Audit Committee’s Whistleblowing System Owned Enterprises (BUMN) Number PER-1/MBU/03/2023,
Management Unit verifies and validates reports together BRI collaborates with other BUMNs in distributing funds
with the Board of Commissioners regarding received for the Micro and Small Business Funding Program
Whistleblowing System reports and categorizes through cooperation agreements that outline the rights and
these reports. This includes communicating with the obligations of each party. In this regard, the Audit Committee
whistleblower to gather additional evidence/documents has the following duties:
related to the report. 1. Assisting the Board of Commissioners in supervising the
4. The Audit Committee’s Whistleblowing System implementation of the BUMN TJSL program.
Management Unit submits a request for approval of 2. Assisting the Board of Commissioners in ensuring that
the recapitulation of Whistleblowing System reports the annual audited Financial Report of the Micro and
categorized as Criminal Acts of Corruption to the Board Small Business Funding Program, prepared by a public
of Commissioners every month, which is then reported accounting firm, complies with financial accounting
to the Corruption Eradication Commission (KPK) through standards and is approved by the RUPS/Minister.
the Whistleblowing System Application.
5. Updating information in the Whistleblowing System Soundness Level Assessment
application, including the categories of violation 1. Evaluating the appointment of a Rating Company to assess
indications and reporting channels, if they do not meet the company’s soundness level for recommendation to
the criteria of a Whistleblowing System report, as well the Board of Commissioners.
as updating the status of follow-up progress whenever 2. The Board of Commissioners may request assistance
there is a status change. from the Board of Directors to conduct the procurement
6. Appointing the Investigation Unit/Independent Party to process for the Rating Company based on the applicable
conduct an examination of reports indicating violations. goods and services procurement mechanism.
7. Submitting reports and recommendations on the results
of the examination conducted by the Investigation Unit/ Other Duties
Independent Party to the Authorized Business Unit for 1. Reviewing and providing advice to the Board of
further action. Commissioners regarding potential conflicts of interest
8. Ensuring that the recommendations from the Investigation within the Company.
Unit/Independent Party have been followed up on within 2. Maintaining the confidentiality of the Company’s
the established timeframe. documents, data, and information obtained during the
9. Updating the Whistleblowing System application for execution of its duties.
each Whistleblowing System report that has been acted 3. Carrying out other assignments as requested by the
upon. Board of Commissioners, in accordance with applicable
10. Submitting a monthly recapitulation report of the regulations, including the Implementation Program of
Whistleblowing System to the Board of Commissioners. Internal Control over Financial Reporting (ICoFR).
11. Managing all follow-up documents related to the
Whistleblowing System in the Whistleblowing System Authority of The Audit Committee
application.
12. Managing the examination reports from the Investigation The Board of Commissioners grants authority to the
Unit and updating report data in the Whistleblowing Audit Committee within the scope of Audit Committee
System application. responsibilities to:
13. Maintaining the confidentiality of all information related 1. Have access to accounting records, supporting data, and
to the whistleblower’s identity, indications of violations, all relevant information about the Company related to the
and investigation reports. duties and functions of the audit committee as long as
necessary to carry out its duties.
Social and Environmental Responsibility Program (TJSL) – 2. Provide opinions and recommendations to the Board of
Micro and Small Business Funding (PUMK) Commissioners regarding the execution of supervisory
The PUMK program aims to enhance the resilience and functions in auditing and internal control within the
independence of micro and small businesses. It seeks to Company.
improve efficiency and effectiveness in the development and 3. Communicate directly with employees, including the
empowerment of the micro and small business economy. Board of Directors and those responsible for internal
In accordance with the Regulation of the Minister of State- audit, risk management, and accounting, concerning the
tasks and responsibilities of the Audit Committee.
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4. Involve independent external parties, if necessary, to 1. The committee must have at least three (3) members,
assist in executing its duties. consisting of Independent Commissioners and external
5. Exercise other authorities granted by the Board of parties from the Issuer or Public Company.
Commissioners, provided they do not contradict 2. The Audit Committee must include at least:
applicable laws and regulations. a. One (1) Independent Commissioner;
b. One (1) Independent Party with expertise in finance
Audit Committee Term of Office or accounting, who must obtain certification before
assuming the role;
The term of office of members of the Audit Committee c. One (1) Independent Party with expertise in law
may not be longer than the term of office of the Board of or banking, who must obtain certification before
Commissioners as regulated in the Company’s Articles assuming the role.
of Association and can only be re-elected for 1 (one) 3. The Audit Committee is chaired by an Independent
subsequent period, without reducing the right of the Board Commissioner who also serves as a member.
of Commissioners to dismiss them at any time. 4. Members of the Board of Directors are prohibited from
serving as Audit Committee members.
Audit Committee Structure, Membership and 5. Audit Committee members must have integrity, good
Expertise character, and strong morals.
6. The Audit Committee works collectively in carrying out its
The committee operates under the Board of Commissioners' duties to assist the Board of Commissioners/Supervisory
coordination and is structurally accountable to it. The Board.
membership structure is as follows:
The structure, membership, and expertise of the Audit Committee are shown in the table below.
Period from January 1, 2025 to April 14, 2025
No. Name Position Expertise Description
1 Rofikoh Rokhim Chairman Finance, Economics, Management, Vice President Commissioner/
Accounting Independent Commissioner
2 Heri Sunaryadi Member Capital Market, Technology, Independent Commissioner
Management
3 Agus Riswanto Member Law, Intelligent, Regulation Independent Commissioner
4 Haryo Baskoro Member Governance, Risk Management, and Independent Commissioner
Wicaksono* Compliance (GRC), Management
5 Irwanto Member Accounting, Banking Independent Party
6 Bintoro Nurcahyo Member Accounting, Management Independent Party
7 Loethano Boy Meizardi Member Accounting, Anti Money Laundering Independent Party
8 Donny Himawan Member Audit, Management Independent Party
9 Thauriq Anwar Member Accounting, Audit, Capital Market Independent Party
*) Resigned from office in accordance with the decision of the AGMS on March 24, 2025
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Period from April 15, 2025 to December 31, 2025
No. Name Position Expertise Description
1 Edi Susianto Chairman Finance, Economic, Risk Independent Commissioner
Management, Accounting
2 Parman Nataatmadja Member Banking, Finance, Risk Management, Vice President Commissioner/
Accounting Independent Commissioner
3 Loethano Boy Meizardi Member Accounting, Anti Money Laundering Independent Party
4 Thauriq Anwar Member Accounting, Audit, Capital Market Independent Party
5 Maria Ulpah Member Finance, Risk Management Independent Party
Audit Committee Profile
The profile of the Audit Committee as of December 31, 2025 is as follows.
Edi Susianto Parman Nataatmadja
Head of Audit Committee/Independent Member of the Audit Committee/Vice President
Commissioner Commissioner/Independent
Profiles can be seen in the profiles of members of the Board of Profiles can be seen in the profiles of members of the Board of
Commissioners Commissioners
The period and term of office have been attached to the period The period and term of office have been attached to the period
and term of office of the Board of Commissioners and term of office of the Board of Commissioners
Place and Year of Birth/Age
Born in Jakarta, May 9, 1963. Age 62 years as of Desember 2025.
Educational Background
- Bachelor of Accounting STIE YAI (1992)
- Master of Management STIE IPWI (2021)
Work Experience
- Financial Services Authority (2016 – 2023)
- Bank Indonesia (1990 – 2016)
- PT Bank Niaga, Tbk (1989 – 1990)
Certification
Loethano Boy Meizardi - National Anti Fraud Conference Certification
Audit Committee Member/ - Currency Counterfeit US Currency Seminar Certification
Independent Party - Risk Management Certificate Level 4, LSP LSPP
Legal Basis for Appointment
Citizenship
BRI Board of Directors Decree Number 1786-DIR/HBS/09/2024 dated September 9, 2024,
Indonesian citizen concerning the Determination of the Chairman and Members of the Audit Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
Domicile
Term of Office
Jakarta
Period I
Serving Duration
September 7, 2024 – present
Concurrent Positions
None
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Place and Year of Birth/Age
Born in Jakarta, September 18, 1979. Age 46 years as of Desember 2025.
Educational Background
- Bachelor of Accounting, University of Indonesia (2003)
- Master of Management, University of Indonesia (2014)
Work Experience
- Member of the Audit Committee of PT Hutama Karya (2019 – 2024)
- Member of the Audit Committee of PT Perkebunan Nusantara XIII (2016 – 2019)
- Fund Manager, PT Asia Raya Kapital (2014 – 2019)
- Fixed Income Manager, PT AJ Sequis Life (2012 – 2014)
- Portfolio Manager, PT PNM Investment Management (2010 – 2012)
Thauriq Anwar - Fund Manager PT Valbury Asia Securities (2007 – 2010)
Audit Committee Member/ - Investment Analyst & Fund Manager PT Niaga Aset Manajemen (2005 – 2007)
Independent Party
Certification
- Deputy Investment Manager (WMI)
Citizenship
- Certified Governance Oversight Professional (CGOP)
Indonesian citizen - Certification in Audit Committee Practices (CACP), IKAI
- Chartered Accountant (CA Indonesia), IAI
Domicile
- Level 4 Risk Management Certificate, LSP LSPP
Jakarta
Legal Basis for Appointment
BRI Board of Directors Decree Number 3922-DIR/HBS/11/2024 dated November 11, 2024,
concerning the Determination of the Chairman and Members of the Audit Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
November 11, 2024 – present
Concurrent Positions
None
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Place and Year of Birth/Age
born in Purwakarta in 1981. Age 44 years as of December 2025.
Educational Background
- Bachelor of Economics – Financial Management, University of Indonesia (2005)
- MSc in Finance, University of Groningen, The Netherlands (2008)
- PhD in Finance, University of Birmingham, United Kingdom (2015)
Work Experience
- Member of Integrated Governance Committee / Independent Party of BRI (2024 – present)
- Head of Undergraduate Program, Department of Management, Faculty of Economics and
Business, University of Indonesia (2020 – 2024)
- Member of Risk Management and Governance Committee of PT Hutama Karya (Persero)
Maria Ulpah (2019 – 2024)
- Deputy of Risk Management Unit, University of Indonesia (2018 – 2020)
Audit Committee Members/
- Research Consultant, UKM Centre, Faculty of Economics and Business, University of
Independent Party of BRI
Indonesia (2018 – present)
- Head of Staff Team of Master of Management Program, Faculty of Economics and
Business, University of Indonesia (2015 – 2018)
Citizenship - Member of Audit Committee of PT Pos Indonesia (2015 – 2018)
Indonesian citizen - Consultant, TA 8224 The Implementation of Value Chain Methodology on Tuna Fisheries in
Nangroe Aceh Darussalam, Asian Development Bank (2014 – 2016)
Domicile - Teaching Assistant, Graduate Diploma of Business Administration (GDBA) and
Depok Undergraduate programme, School of Business, University of Birmingham, United
Kingdom (2011 – 2015)
- Lecturer, Department of Management, Faculty of Economics and Business, University of
Indonesia (2008 – present)
Certification
- Deputy Investment Manager
- Enterprise Risk Management Certified Professional (ERMCP)
- Risk Management Certificate Level 4, LSP LSPP
Legal Basis for Appointment
Board of Directors Decree Number 1719 -DIR/HBS/04/2025, dated April 17, 2025, concerning
the Appointment of the Chairman and Members of the Audit Committee of PT Bank Rakyat
Indonesia (Persero) Tbk.
Term of Office
Period I
Serving Duration
April 15, 2025 – present
Concurrent Positions
- Lecturer, Department of Management, Faculty of Economics and Business, University of
Indonesia (2008 – present)
- Research Consultant, UKM Centre, Faculty of Economics and Business, University of
Indonesia (2018 – present)
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Educational Qualifications and Audit Committee Work Experience
The requirements for membership of the Audit Committee are as follows:
1. General Requirements
a. Holding integrity, good character and morals.
b. Did not have any personal interests/relationships that may cause a conflict of interest to the Company.
2. Capability Requirements
a. Must have the ability, knowledge, experience according to the field of work, and be able to communicate well.
b. Must understand financial reports, company business, especially those related to the Company’s services or business
activities, audit processes, risk management, and laws and regulations in the Capital Market sector as well as other
related laws and regulations.
c. Must comply with the Company and Audit Committee code of ethics.
d. Every year you must attend one of the trainings on the topics of risk management, fraud, business, corporate activities,
law, compliance, finance, accounting and/ or audit for at least 20 (twenty) hours of training. The training attended is
PPL organized by professional institutions, regulators, training institutions accredited by accreditation institutions and/
or training institutions owned or controlled by BUMN.
Table of Educational Qualifications and Work Experience of the Audit Committee
Name Position Education Work Experience
Edi Susianto Chairman - Bachelor of Economics & Have experience in economics, finance,
Development Studies fiscal, monetary, and risk management
- Master of Economic and Finance
Parman Nataatmadja Member - Bachelor of Management Have experience in finance, Business,
- Master of Finance economics and risk management
Loethano Boy Meizardi Member - Bachelor of Accounting Have experience in accounting and bank
- Master of Management supervision
Thauriq Anwar Member - Bachelor of Accounting Have experience in accounting, finance, and
- Master of Management capital markets
Maria Ulpah Member - Bachelor of Economics Have experience in finance and Risk
- MSc in Finance management.
- PhD in Finance
Audit Committee Independence
Table of Audit Committee Independence for the Period from January 1, 2025 to April 14, 2025
Independence Aspect RR HS AR HBW IR BN LBM DH TA
Must possess high integrity, skills, √ √ √ √ √ √ √ √ √
knowledge, experience relevant to their
work, and excellent communication
abilities.
Must understand financial statements, √ √ √ √ √ √ √ √ √
the company’s business especially
those related to the services or business
activities of the Issuer or Public Company-
Audit processes, risk management, and
regulation in the Capital Market as well as
other relevant regulations
Must comply with the Audit Committee’s √ √ √ √ √ √ √ √ √
code of ethics established by the Issuer
or Public Company
694 PT Bank Rakyat Indonesia (Persero) Tbk.
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Independence Aspect RR HS AR HBW IR BN LBM DH TA
Willing to enhance competence through √ √ √ √ √ √ √ √ √
education and training continuously
Must have at least 1 (one) member with √ √ √ √ √ √ √ √ √
an educational background and expertise
in accounting and finance
Is not a person from a Public Accounting √ √ √ √ √ √ √ √ √
Firm, Legal Consulting Firm, Public
Appraisal Office, or other parties
providing assurance services, non-
assurance services, appraisal services,
and/or other consulting services to the
relevant Issuer or Public Company within
the last 6 (six) months
Is not a person who works for or has the √ √ √ √ √ √ √ √ √
authority and responsibility to plan, lead,
control, or supervise the activities of the
Issuer or Public Company within the last
6 (six) months, except for an Independent
Commissioner
Does not hold shares, either directly or √ √ √ √ √ √ √ √ √
indirectly, in the issuer or Public Company
If a member of the Audit Committee √ √ √ √ √ √ √ √ √
acquires shares of the Issuer or Public
Company, either directly or
indirectly, as a result of a legal event, such √ √ √ √ √ √ √ √ √
shares must be transferred to another
party within a maximum period of 6 (six)
months after the shares are acquired
Does not have any affiliation with √ √ √ √ √ √ √ √ √
members of the Board of Commissioners,
members of the Board of Directors, or
major shareholders of the Issuer or Public
Company
Table of Audit Committee Independence for the Period from April 15, 2025 to December 31, 2025
Independence Aspect ES PN LBM TA MU
Must possess high integrity, skills, knowledge, experience relevant √ √ √ √ √
to their work, and excellent communication abilities.
Must understand financial statements, the company’s business- √ √ √ √ √
especially those related to the services or business activities of the
Issuer or Public Company- Audit processes, risk management, and
regulation in the Capital Market as well as other relevant regulations
Must comply with the Audit Committee’s code of ethics established √ √ √ √ √
by the Issuer or Public Company
Willing to enhance competence through education and training √ √ √ √ √
continuously
Must have at least 1 (one) member with an educational background √ √ √ √ √
and expertise in accounting and finance
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Independence Aspect ES PN LBM TA MU
Is not a person from a Public Accounting Firm, Legal Consulting √ √ √ √ √
Firm, Public Appraisal Office, or other parties providing assurance
services, non-assurance services, appraisal services, and/or other
consulting services to the relevant Issuer or Public Company within
the last 6 (six) months
Is not a person who works for or has the authority and responsibility √ √ √ √ √
to plan, lead, control, or supervise the activities of the Issuer
or Public Company within the last 6 (six) months, except for an
Independent Commissioner
Does not hold shares, either directly or indirectly, in the issuer or √ √ √ √ √
Public Company
If a member of the Audit Committee acquires shares of the Issuer or √ √ √ √ √
Public Company, either directly or
indirectly, as a result of a legal event, such shares must be transferred √ √ √ √ √
to another party within a maximum period of 6 (six) months after the
shares are acquired
Does not have any affiliation with members of the Board of √ √ √ √ √
Commissioners, members of the Board of Directors, or major
shareholders of the Issuer or Public Company
Information :
RR Rofikoh Rokhim HBW Haryo Baskoro Wicaksono IR Irwanto DH Donny Himawan
HS Heri Sunaryadi ES Edi Susianto BNC Bintoro Nurcahyo TA Thauriq Anwar
AR Agus Riswanto PN Parman Nataatmadja LBM Loethano Boy Meizardi MU Maria Ulpah
Audit Committee Meeting meeting is held outside the schedule, meeting materials
can be delivered before the meeting is held.
Audit Committee Meeting Policy 6. If necessary, the Committee may independently hold a
Technical Meeting to conduct a technical deep dive on
The Audit Committee meeting arrangements are regulated the topics to be discussed in the Committee Meeting by
as follows. inviting the relevant parties.
Meeting Organizing Mechanism Meeting Quorum
1. Audit Committee meetings must be held periodically at The Audit Committee meeting is valid if attended and/or
least 1 (one) time in 1 (one) month. represented by more than ½ (half) of the total number of
2. Audit Committee meetings can be held at any time at Committee members.
the request of 1 (one) or several members of the Audit
Committee, stating the matters to be discussed. Meeting Participants
3. Audit Committee meetings are held at the Company’s 1. Each member of the Audit Committee is required
domicile, or other places within the territory of the to attend at least 75% (seventy-five percent) of the
Republic of Indonesia or at the Company’s place of meetings within a year.
business activities determined by the Audit Committee. 2. The Audit Committee meeting can invite the Board of
4. Audit Committee meetings can be held online via Directors, Officers, and Employees of the Company or
teleconference, video teleconference or other external guests.
electronic media facilities that enable all participants to 3. The Audit Committee may invite the Audit Committee
communicate and interact in Audit Committee meetings. and Management of the Subsidiary Entities, proposed
5. Audit Committee meeting materials are available and through the Integrated Governance Committee.
delivered to meeting participants no later than 5 (five)
working days before the meeting is held, unless the
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Meeting Chairman agreement in which the Company is a party must declare
The Board of Commissioners meeting is led by the their interest during the Committee meeting and is not
Audit Committee Chairman. If the Chairman of the Audit entitled to vote on matters related to that transaction or
Committee is absent or unable to attend, and this need not contract.
be proven to anyone, the meeting will be led by a member of
the Audit Committee who is also a member of the Board of Meeting Minutes
Commissioners. 1. The results of the Audit Committee meeting must be
recorded in the meeting minutes.
Meeting Summons 2. The meeting minutes must be signed by all attending
1. The summons for an Audit Committee meeting is issued Audit Committee members and distributed to all members
by the Chair of the Audit Committee. If the Chair of the of the Audit Committee.
Audit Committee is unavailable without proof to any 3. The meeting minutes shall be prepared by an Independent
party, the summons may be issued by a member of the Party member of the Audit Committee who attended the
Audit Committee who is also a member of the Board of meeting.
Commissioners. 4. If any member of the Board of Commissioners and/or the
2. The summons for an Audit Committee meeting must be Board of Directors does not sign the meeting minutes as
delivered in writing, including the agenda/event, date, mentioned in points 2 and 3 above, they must provide
time, and location of the meeting. their reasons in a separate written statement attached to
3. The Audit Committee may convene a meeting on short the meeting minutes.
notice (less than one working day), either online or 5. Any dissenting opinions expressed during the meeting
offline, in extraordinary circumstances. must be clearly stated in the minutes, with the reasons
for the disagreement.
Meeting Decisions 6. The Audit Committee meeting minutes served as valid
1. The meeting is valid and authorized to make binding evidence of the decisions made during the meeting.
decisions if attended by at least half (1/2) of the total 7. The meeting minutes must be properly documented by
members of the committee. the Secretariat of the Board of Commissioners.
2. The recommendations formulated during the Committee
meeting are made based on a consensus. If not reached, Follow-Up on Meeting Results
decisions will be made by majority vote. 1. The decisions made in the Audit Committee meeting are
3. Each Audit Committee member has one (1) vote and an conveyed through the Audit Committee memorandum to
additional one (1) voting right for every member they the Board of Commissioners, which includes opinions,
represent in the meeting. recommendations, or suggestions to assist the Board of
4. Audit Committee Members who are unable to attend Commissioners in carrying out its duties.
may submit their opinions and give their votes in writing, 2. The Audit Committee Memorandum mentioned in
signed and submitted to the Chairman of the Audit point one above may be accompanied by a draft of an
Committee or the Commissioner leading the meeting. outgoing letter from the Board of Commissioners and/or
These votes will be considered valid and included in the the Audit Committee addressed to the Board of Directors
meeting's decision-making process. or an official one level below the Board of Directors of the
5. In the case where the number of votes in favor and Company.
against are equal, the decision is postponed and re- 3. The Audit Committee Memorandum must be signed by
evaluated. If, after re-evaluation, the votes in favor and the Chairperson and all members of the Committee.
against remain equal, the decision will be made by the 4. The letters issued by the Board of Commissioners shall
meeting leader. follow the correspondence procedures established by
6. The meeting leader will present the conclusions and the Board of Commissioners, while letters from the Audit
decisions at the end of each meeting. Committee must be signed by the Chairperson of the
7. Every meeting decision is binding for all the Audit Audit Committee and Committee members who are also
Committee. members of the Board of Commissioners.
8. The Audit Committee can also make valid decisions 5. All outgoing letters from the Board of Commissioners
without holding a meeting, provided that all serving and/or the Audit Committee must be recorded in the
members of the Board of Commissioners approve by Letter Register, managed by the Secretariat of the
signing the proposed decision in writing. Board of Commissioners, and stored by the Corporate
9. Any Audit Committee member who directly or indirectly, Secretary Division.
has an interest in any proposed transaction, contract, or
PT Bank Rakyat Indonesia (Persero) Tbk. 697
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Governance
Audit Committee Meeting Agenda
Throughout 2025, the implementation date, meeting agenda and Audit Committee meeting participants, are as follows.
Table of Audit Committee Meeting Agenda
No Day, Date of Meeting Meeting Agenda Meeting Participants
1 Monday, January 6, 2025 Discussion and Confirmation of the Approval Document for the 1. Rofikoh Rokhim
Third Amendment to the Circular Letter Policy on BRI's Report 2. Heri Sunaryadi
Management as a Public Company - Book 2 ICoFR Design 3. Agus Riswanto
Guidelines 4. Haryo Baskoro Wicaksono
5. Irwanto
6. Bintoro Nurcahyo
7. Donny Himawan
8. Loethano Boy Meizardi
9. Thauriq Anwar
2 Tuesday, January 7, 2025 Internal Audit Committee Meeting 1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
4. Haryo Baskoro Wicaksono
5. Irwanto
6. Bintoro Nurcahyo
7. Donny Himawan
8. Loethano Boy Meizardi
9. Thauriq Anwar
3 Monday, January 13, 2025 Progress on implementation and finalization of BRI ICoFR 1. Rofikoh Rokhim
Regulations 2. Heri Sunaryadi
3. Agus Riswanto
4. Haryo Baskoro Wicaksono
5. Irwanto
6. Bintoro Nurcahyo
7. Donny Himawan
8. Loethano Boy Meizardi
9. Thauriq Anwar
4 Tuesday, January 14, 2025 Discussion on Preparation and Timeline for Procurement of 1. Rofikoh Rokhim
Public Accounting Firm Services for the 2025 Fiscal Year 2. Heri Sunaryadi
3. Agus Riswanto
4. Haryo Baskoro Wicaksono
5. Irwanto
6. Bintoro Nurcahyo
7. Donny Himawan
8. Loethano Boy Meizardi
9. Thauriq Anwar
5 Thursday, January 30, 2025 Pre-Exit Discussion of BRI's Consolidated Financial Report for 1. Rofikoh Rokhim
Fiscal Year 2024 2. Heri Sunaryadi
3. Agus Riswanto
4. Haryo Baskoro Wicaksono
5. Irwanto
6. Bintoro Nurcahyo
7. Donny Himawan
8. Loethano Boy Meizardi
9. Thauriq Anwar
6 Monday, March 10, 2025 Discussion of the 2023 BPK Audit Findings and Audit Follow-up 1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
4. Haryo Baskoro Wicaksono
5. Irwanto
6. Bintoro Nurcahyo
7. Donny Himawan
8. Loethano Boy Meizardi
9. Thauriq Anwar
698 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
No Day, Date of Meeting Meeting Agenda Meeting Participants
7 Monday, March 17, 2025 Discussion of the Scope of Public Accountant Procurement Audit 1. Rofikoh Rokhim
Based on the Recommendations of the Indonesian Supreme 2. Heri Sunaryadi
Audit Agency (BPK RI) Findings in 2022 and 2023 3. Agus Riswanto
4. Haryo Baskoro Wicaksono
5. Irwanto
6. Bintoro Nurcahyo
7. Donny Himawan
8. Loethano Boy Meizardi
9. Thauriq Anwar
8 Wednesday, April 9, 2025 Discussion of the scope of the KAP procurement audit based 1. Irwanto
on the audit recommendations of the Republic of Indonesia's 2. Bintoro Nurcahyo
Supreme Audit Agency (BPK RI). 3. Donny Himawan
4. Loethano Boy Meizardi
5. Thauriq Anwar
9 Monday, April 28, 2025 Implementation Report and Main Results of Internal Audit for 1. Edi Susianto*
Quarter I 2025 2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
10 Wednesday, May 14, 2025 Update on the progress of SKAI monitoring results on the 1. Edi Susianto*
implementation of the ICoFR and DCP projects 2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
11 Wednesday, May 21, 2025 Evaluation of the Implementation of the 2024 EY Public 1. Edi Susianto*
Accounting Firm Audit 2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
12 Friday, May 23, 2025 Review and Signing of Amendments to the Procurement of 1. Edi Susianto*
Public Accounting Firm Services for the General Audit of the 2. Parman Nataatmadja*
Consolidated Financial Statements and Financial Statements of 3. Loethano Boy Meizardi
the BRI Micro and Small Business Funding Program for the 2024 4. Thauriq Anwar
Financial Year 5. Maria Ulpah
13 Monday, June 16, 2025 Internal Audit Committee Meeting 1. Edi Susianto*
2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
14 Monday, July 7, 2025 Discussion of SKAI Performance Assessment Indicators 1. Edi Susianto*
2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
15 Monday, July 7, 2025 Audit Committee Responsibilities in Assessing SKAI 1. Edi Susianto*
Performance, Independence, and Remuneration 2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
16 Tuesday, July 8, 2025 Audit Results Follow-up Progress Update 1. Edi Susianto*
2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
17 Monday, July 21, 2025 Pre-Kick Off Meeting for the 2025 Financial Statement Audit 1. Edi Susianto*
2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
18 Monday, July 21, 2025 Discussion on the Implementation of Compliance Functions in 1. Edi Susianto*
the First Semester of 2025 2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
PT Bank Rakyat Indonesia (Persero) Tbk. 699
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Governance
No Day, Date of Meeting Meeting Agenda Meeting Participants
19 Monday, August 4, 2025 Technical Discussion of the Application for Approval of the 2025 1. Edi Susianto*
Annual Audit Planning Addendum 2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
20 Tuesday, August 26, 2025 Kick-off Meeting of the General Audit of the Consolidated 1. Edi Susianto*
Financial Statements and Financial Statements of BRI's Micro 2. Parman Nataatmadja*
and Small Business Funding Program for the 2025 Financial Year 3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
21 Monday, September 8, 2025 Discussion of Internal Provisions on Procurement Involving the 1. Edi Susianto*
Board of Commissioners 2. Parman Nataatmadja*
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
22 Tuesday, September 16, Technical Discussion on the Update of the BRI Internal Audit 1. Edi Susianto*
2025 Charter and the Integrated Internal Audit Charter of the BRI 2. Parman Nataatmadja
Financial Conglomerate 3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
23 Thursday, October 23, 2025 Internal Audit Review Results of BRI's Financial Report for the 1. Edi Susianto*
Third Quarter of 2025 2. Parman Nataatmadja
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
24 Wednesday, November 5, Discussion of input for the 2026 SKAI audit plan 1. Edi Susianto
2025 2. Parman Nataatmadja
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
25 Tuesday, November 18, BRI KUR governance update 1. Edi Susianto
2025 2. Parman Nataatmadja
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
26 Monday, December 8, 2025 Update on KPI Governance for Micro Businesses up to the 1. Edi Susianto
Ministerial Level 2. Parman Nataatmadja
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
27 Wednesday, December 10, Implementation of Internal Control over Financial Reporting 1. Edi Susianto
2025 (ICoFR) 2. Parman Nataatmadja
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
28 Thursday, December 11, Presentation of the Internal Audit Charter 1. Edi Susianto
2025 2. Parman Nataatmadja
3. Loethano Boy Meizardi
4. Thauriq Anwar
5. Maria Ulpah
*Present as an observer. Passed the OJK fit and proper test Parman Nataatmadja September 15, 2025, Edi Susianto October 24, 2025.
700 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Frequency and Attendance Rate of Audit Committee Meetings
During 2025, the Audit Committee has held 28 (twenty-eight) meetings. The frequency and level of attendance of each member
of the Audit Committee are as follows:
Table of Attendance at Audit Committee Meetings for the Period from January 1, 2025 to April 14, 2025
Audit Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Rofikoh Rokhim Chairman 7 7 100%
Heri Sunaryadi Member 7 7 100%
Agus Riswanto Member 7 7 100%
Haryo Baskoro Wicaksono Member 7 7 100%
Irwanto Member 8 8 100%
Bintoro Nurcahyo Member 8 8 100%
Donny Himawan Member 8 8 100%
Loethano Boy Meizardi Member 8 8 100%
Thauriq Anwar Member 8 8 100%
Table of Attendance at Audit Committee Meetings for the Period from April 15, 2025 to December 31, 2025
Audit Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Edi Susianto1 Chairman 5 5 100%
Parman Nataatmadja 2
Member 7 7 100%
Loethano Boy Meizardi Member 20 20 100%
Thauriq Anwar Member 20 20 100%
Maria Ulpah Member 20 20 100%
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on October 24, 2025.
1
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on September 15, 2025.
2
Audit Committee Income
Remuneration for Board of Commissioners members who are also Committee members is included in the Board of Commissioners'
honorarium, and there is no separate honorarium for each Committee member. Honorarium for Committee members from
independent parties (Non-Commissioners) is determined by the Board of Commissioners, with a maximum of 20% of the Main
Director’s salary, and no other income is provided apart from the honorarium. This is in accordance with the provisions of the
Minister of BUMN Regulation Number PER-3/MBU/03/2023 dated March 20, 2023 concerning Organs and Human Resources
of State-Owned Enterprises.
PT Bank Rakyat Indonesia (Persero) Tbk. 701
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Governance
Training and/or Enhance Competency of The Audit Committee In 2025
Audit Committee for the Period from January 1, 2025 to April 14, 2025
Types of Training and
Implementation Time
Name Position Competency Development/ Organizer
and Place
Training Materials
Rofikoh Rokhim Chairman Education and/or training can be seen in the Education and/or training section for members of
the Board of Commissioners
Heri Sunaryadi Member Education and/or training can be seen in the Education and/or training section for members of
the Board of Commissioners
Agus Riswanto Member Education and/or training can be seen in the Education and/or training section for members of
the Board of Commissioners
Haryo Baskoro Member Education and/or training can be seen in the Education and/or training section for members of
Wicaksono the Board of Commissioners
Irwanto Member Risk Management Refreshing Level 6 Online, March 3, 2025 Corpu BRI
Bintoro Nurcahyo Member The Role of GRC in Enhancing Online, February 19, 2025 Corpu BRI
Investor Confidence and Financial
Sector Stability
Marketing 101 for Finance Online, February 25, 2025 OJK
Professionals
Sustainability Accounting and Online, March 3, 2025 OJK
Reporting in the Financial Services
Sustainability Accounting and Online, March 6, 2025 OJK
Reporting in the Financial Services
Donny Himawan Member Refreshing Risk Management Level 6 Online, March 3, 2025 Corpu BRI
Loethano Boy Meizardi Member Refreshing Risk Management Level 4 Online, February 24, 2025 Corpu BRI
Thauriq Anwar Member Refreshing Risk Management Jenjang Online, February 24, 2025 Corpu BRI
4
Audit Committee for the Period from April 15, 2025 to December 31, 2025
Types of Training and
Implementation Time
Name Position Competency Development/ Organizer
and Place
Training Materials
Edi Susianto1 Chairman Education and/or training can be seen in the Education and/or training section for members of the
Board of Commissioners
Parman Nataatmadja2 Member Education and/or training can be seen in the Education and/or training section for members of the
Board of Commissioners
Loethano Boy Meizardi Member Risk Management Refreshing Level 4 Online, February 24, 2025 Corpu BRI
Audit for tomorrow : Strategic Future Medan, August 27-28, 2025 IIA Indonesia
Ready Sustainable
Standar Akuntansi Keuangan (SAK for Bali, December 11 - 12, 2025 IAI
Executive
Thauriq Anwar Member Risk Management Refreshing Level 4 Online, February 24, 2025 Corpu BRI
Audit for tomorrow : Strategic Future Medan, August 27-28, 2025 IIA Indonesia
Ready Sustainable
Overview PSAK 118: Presentation and Jakarta, July 2, 2025 IAI
Disclosure in Financial Statements
Maria Ulpah Member Integrated Governance (TKRT)/
Certified Risk Governance Online, November 17-18, 2025 LSPMR
Professional (CRGP)
Applying Green Energy Financial
Online, October 30, 2024 - Renac Academy
Reneweble Energy and Energy
April 30, 2025 Germany
Efficiency
Risk Management Refreshing Level 4 Online, February 24, 2025 Corpu BRI
702 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Audit Committee Work Program and Implementation of Duties for 2025
Working Program and Duties of The Audit Committee In 2025
No Duties Implementation Implementation Date
1. Review and Provide Recommendations for the Discussion on the 2025 Annual Audit Plan (PAT January 7, 2025
Approval of the 2025 Annual Audit Plan (PAT) of
the Internal Audit Business Unit
Follow-up Discussion on the Proposed 2025 January 7, 2025
annual Audit Plan (PAT)
Discussion of the Request for approval of the August 5, 2025
Addendum to the 2025 Annual Audit Plan (PAT)
Discussion on the Approval of the 2026 Annual December 15, 2025
Audit Plan (PAT)
Technical Discussion on the Update of the BRI December 16, 2025
Internal Audit Charter and the Integrated Internal
Audit Charter of the BRI Financial Conglomeration
2. Review of the Quarterly Report on Key Audit Discussion on the Implementation Report and Key January 30, 2025
Results (LHA) of the Internal Audit Business Unit Findings for Quarter IV 2024 Audit
Discussion on the Implementation Report and Key May 6, 2025
Findings of the Quarter I 2025 Audit
Discussion on the Implementation Report and Key July 28, 2025
Findings of the Quarter II 2025 Audit
Discussion on the Implementation Report and Key October 28, 2025
Findings of the Quarter III 2025 Audit
3. Review of Financial Statements Review of SKAI on the Quarter I 2025 Financial April 28, 2025
Report and Audit Findings
Review of SKAI on BRI’s Quarter II 2025 Financial July 29, 2025
report
Review of SKAI on BRI’s Quarter III 2025 Financial October 27, 2025
report
4. Review of Top Debtors with High Risk Exposure Audit Review on Top Debtors with High-Risk November 11, 2025
and Politically Exposed Persons (PEP) Exposure and Politically Exposed Person (PEP)
5. Other Duties Closing meeting related to the audit of several September 4, 2025 -
Business Units conducted by KAP EY October 10, 2025
Whistleblowing System (WBS) Complaint Report February 14, 2025
Discussion and confirmation of the approval January 6, 2025
document for the Circular Letter Policy on the
Third Amendment to the Management of BRI
Reports as a Public Company – Book 2 ICOFR
Design Guidelines
PT Bank Rakyat Indonesia (Persero) Tbk. 703
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Corporate
Governance
Audit Committee with Public Accountant and/or Public Accounting Firm
No Duties Implementation Implementation Date
1. Procurement of Public Accounting Firm Discussion on Preparation and Timeline for January 14, 2025
Audit Services Procurement of Public Accounting Firm Services for
the 2025 Fiscal Year
Closing Meeting of the Audit of BRI's Consolidated January 30, 2025
Financial Statements for Fiscal Year 2024
Evaluation of the Implementation of the 2024 EY May 21, 2025
Public Accounting Firm Audit
Review and Signing of Amendments to the May 23, 2025
Procurement of Public Accounting Firm Services
for the General Audit of the Consolidated Financial
Statements and Financial Statements of the BRI Micro
and Small Business Funding Program for the 2024
Financial Year
Evaluation Report on the Implementation of Public June 17, 2025
Accountant Services and Public Accounting Firms
for the Consolidated Financial Statements of the
Company and Subsidiaries for the 2024 Financial
Year to the Financial Services Authority (OJK).
Evaluation Report on the Implementation of Public Agustus 26, 2025
Accountant Services and Public Accounting Firms
for the Consolidated Financial Statements of the
Company and Subsidiaries for the 2024 Financial
Year to the OJK
2. Financial statements Closing Meeting of Audit Results of Financial Report January 30, 2025
and Micro and Small Enterprise Funding Program
(PUMKT) of PT Bank Rakyat Indonesia (Persero), Tbk
for Fiscal Year 2024
BRI's 2024 Financial Report Audit Progress Update December 17, 2025
Audit Committee with Financial Services Authority, Bank Indonesia and other Authorities
No Duties Implementation Implementation Date
1. Audit Committee with Regulators Follow-up on BPK audit results September 23, 2025
Audit Committee with Management
No Duties Implementation Implementation Date
1. Audit Committee with Management Discussion on the Proposed Audit Scope for the May 20, 2025
Follow-up to Audit Findings of the Badan Pemeriksa
Keuangan Republik Indonesia
Progress Update on the Internal Audit Work Unit’s May 31, 2025
Monitoring of the Implementation of the Internal Control
over Financial Reporting (ICoFR) and DCP Projects
Update on Wholesale and Institutional Business Strategy June 5, 2025
update of the review results on the follow-up to the September 23, 2025
BPK audit results
Investigative Audit Results Update October 7, 2025
Strengthening the Fundamental Structure and November 4, 2025
Strategic Risk Governance of BRI
Update on the Governance of BRI Micro Business November 24, 2025
Loan
2. Evaluation of the Audit Committee on Evaluation of Compliance Function Implementation February 11, 2025
Management for the Second Semester of 2024
Evaluation of Compliance Function Implementation July 22, 2025
for the First Semester of 2025
704 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Internal Audit Committee
No Duties Implementation Implementation Date
1. Audit Committee Work Budget Plan Discussion on the Audit Committee Budget Work Plan November 21, 2025
Statement of The Audit Committee on The Nomination and Remuneration Committee
Effectiveness of The Internal Control System
and Risk Management
The Board of Commissioners establishes the Nomination and
The Audit Committee, in supporting the supervisory function Remuneration Committee which aims to formulate policies
of the Board of Commissioners, assesses that the internal and assist in the implementation of the functions and duties
control system of Bank BRI has been implemented adequately of the nomination and remuneration of members of the
and in an integrated manner, and has been developed in Board of Commissioners and Directors in accordance with
accordance with good corporate governance principles and applicable laws and regulations and the principles of Good
the prevailing laws and regulations. The implementation of Corporate Governance. The appointment and dismissal of
the compliance function has been carried out consistently members of the Nomination and Remuneration Committee is
with reference to relevant regulations, with an emphasis on carried out by the Board of Commissioners.
strengthening the culture of compliance across all levels of
the organization, managed transparently and accountably, Basis for Establishing The Nomination and
as part of the Company’s commitment to implementing Remuneration Committee
Good Corporate Governance (GCG).
1. Law of the Republic of Indonesia No. 7 of 1992 concerning
Bank BRI continues to improve its internal control system Banking as amended by the Law of the Republic of
through strengthening and integrating business processes Indonesia No. 10 of 1998.
end-to-end, in order to ensure the effectiveness of control 2. Law of the Republic of Indonesia No. 40 of 2007 on the
from the planning, implementation, to reporting stages. These Limited Liability Companies.
improvements are supported by the optimization of internal 3. Law of the Republic of Indonesia No. 19 of 2003 on the
audit, risk management, compliance, as well as financial and State-Owned Enterprises.
operational control functions, including the implementation 4. OJK Regulation no. 33/POJK.04/2014 dated
of the Internal Control over Financial Reporting (ICoFR) December 08, 2014 concerning Directors and Board of
roadmap. These efforts are intended to improve the quality Commissioners of Issuers or Public Companies.
of decision-making, the reliability of financial reporting, 5. OJK Regulation no. 34/POJK.04/2014 dated December
and the efficiency and consistency of business process 08, 2014 concerning the Nomination and Remuneration
implementation. In addition, Bank BRI ensures alignment Committee of Issuers or Public Companies.
between policies and work procedures with the systems 6. OJK Regulation no. 45/POJK.03/2015 concerning
and information technology used, so that internal control can Implementation of Governance in Providing Remuneration
be implemented consistently, well documented, and able for Commercial Banks.
to minimize the risk of errors or irregularities in operational 7. OJK Regulation No.17 of 2023 concerning Implementation
implementation. of Governance for Commercial Banks
8. OJK Circular Letter No. 40/SEOJK.03/2016 concerning
The Audit Committee emphasizes the importance of Implementation of Governance in Providing Remuneration
maintaining Management’s commitment to evaluating for Commercial Banks.
and improving policies, strengthening risk mitigation, and 9. Minister of State-Owned Enterprises Regulation No.
enhancing fraud prevention efforts. These measures are PER-2/ MBU/03/2023 dated March 3, 2023 concerning
expected to support the sustainability of the Company’s Guidelines for Governance and Significant Corporate
operations, grounded in the principles of transparency, Activities of State-Owned Enterprises.
accountability, and integrity. Going forward, the Company’s 10. BUMN Ministerial Regulation No. PER-3/MBU/03/2023
internal control system is expected to further support the dated March 20, 2023 concerning Organs and Human
achievement of strategic objectives, create sustainable Resources of State-Owned Enterprises.
added value for stakeholders, and ensure the implementation 11. Articles of Association of PT Bank Rakyat Indonesia
of aligned and consistent controls both at the parent entity (Persero) Tbk and its amendments.
and across entities within the BRI financial conglomerate.
PT Bank Rakyat Indonesia (Persero) Tbk. 705
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Corporate
Governance
Nomination and Remuneration Committee Charter
The working guidelines of the Nomination and Remuneration Committee of the Company are regulated in the Board of
Commissioners Decree Number B.09-KOM/05/2024 dated May 28, 2024, concerning the Guidelines and Rules of Procedure
for the Nomination and Remuneration Committee of PT Bank Rakyat Indonesia (Persero) Tbk., which regulate, among others:
Chapter Discussion
Chapter I Introduction
1.1 Legal Basis
1.2 General Definition
Chapter II Corportate Values, Organizational Structure, and Code of Ethics
2.1 Corporate Values
2.2 Organizational Structure, Membership, and Code of Ethic
Chapter III Guidelines and Rules of Procedure for the Nomination and Remuneration Committee
3.1 Objectives, Authority, Duties, and Responsibilitie
3.2 Appointment of Committee Members, Term of Office, and Working Hours
3.3 Meeting Govenance and Decision-Making
3.4 Committee Reports and Evaluation
3.5 Communication Protocol
3.6 Correspondence Mechanism
Chapter IV Closing
Appointment and Termination of The Nomination and Remuneration Committee
The Nomination and Remuneration Committee is appointed and dismissed by and is accountable to, the Board of Commissioners.
Throughout 2025, the positions of Chairman and Members of the Nomination and Remuneration Committee were established
through:
1. The Board of Directors’ Decree Number 441-DIR/ HCB/03/2024 regarding the Appointment of the Chairman and Members
of the Nomination and Remuneration Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
2. Surat Keputusan Direksi Nomor Keputusan 1723-DIR/HBS/04/2025 dated April 17, 2025 regarding the Appointment of the
Chairman and Members of the Nomination and Remuneration Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Duties and Responsibilities of The Nomination and Remuneration Committee
The Nomination and Remuneration Committee assists the Board of Commissioners in carrying out its duties and responsibilities
by evaluating and ensuring the implementation of nomination and remuneration functions within the Company in accordance
with the regulations and good corporate governance principles. The Nomination and Remuneration Committee is responsible
for assisting the Board of Commissioners in overseeing the following matters:
Nomination Function
1. Provide recommendations to the Board of Commissioners regarding:
a. The system, procedures, policies, and criteria required in the selection and/or replacement process of members of the
Board of Directors and the Board of Commissioners are to be submitted by the Board of Commissioners to the General
Meeting of Shareholders;
b. Composition of the positions of members of the Board of Directors and/or members of the Board of Commissioners;
c. Identification and nomination of candidates who meet the qualification to serve as members of the Board of Directors
and/or the Board of Commissioners, to be submitted by the Board of Commissioners to the General Meeting of
Shareholders (GMS);
d. Independent parties who will serve as members of the Audit Committee and the Risk Monitoring Committee under the
Board of Commissioners;
e. Policies/ mechanism for evaluating the performance of members of the Board of Directors and/or the Board of
Commissioners; and
f. Development programs to enhance the capabilities of members of the Board of Directors and/or the Board of
Commissioners.
2. Assisting the Board of Commissioners in assessing the performance of members of the Board of Directors and the Board of
Commissioners based on established benchmarks as a basis for evaluation;
706 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
3. Evaluating the proposed individual Key Performance b. The structure, policy, and amount of remuneration
Indicators (KPI) of State-Owned Enterprise (BUMN) for employees as a whole to be presented to the
Board of Directors members; Board of Directors.
4. Assisting the Board of Commissioners in evaluating the 3. Ensuring that the remuneration policy is under applicable
Selected Talent list based on performance and capacity regulations;
in accordance with the Company's strategic direction; 4. Conducting periodic evaluations of the implementation
5. Conducting periodic reviews of the BUMN Talent of the remuneration policy;
Management System, as well as monitoring and 5. Evaluating the remuneration policy for employees
evaluating its implementation; that requires approval/feedback from the Board of
6. Conducting an evaluation of the system and procedures Commissioners;
for Talent classification carried out by the Board of 6. Assisting the Board of Commissioners in assessing
Directors of the State-Owned Enterprises (SOE); performance concerning the appropriateness of the
7. Conducting validation and calibration of the Selected remuneration received by each member of the Board of
Talent to produce a list of nominated talent proposed Directors and/or the Board of Commissioners;
by the Board of Commissioners/ Supervisory Board of 7. In carrying out the remuneration function, the Committee
State-Owned Enterprises (SOEs) to the GMS/ Minister; must follow these procedures:
8. Evaluating candidates representing BUMN who will a. Formulating the structure, policy, and amount of
be proposed as members of the Board of Directors or remuneration for the members of the Board of
the Board of Commissioners of Subsidiaries before Directors and the Board of Commissioners by
submission to the General Meeting of Shareholders considering:
(GMS)/ Minister; - financial performance and reserve compliance
9. Evaluating the BUMN Board of Directors’ proposal as regulated by applicable laws and regulations;
regarding the organizational structure of BUMN; and - the creation of effective risk management;
10. In carrying out its Nomination function, the Committee is - remuneration practices in the industry under the
required to follow these procedures: business activities of the issuer or a similar public
a. Formulating the composition and nomination process company and the scale of business of the issuer
for members of the Board of Directors and/or the or public company within its industry;
Board of Commissioners; - short-term and long-term liquidity needs;
b. Developing policies and criteria required in the - the objectives, long-term strategy of the bank,
nomination process for candidates for the Board of and its potential future revenue;
Directors and/or the Board of Commissioners; - the duties, responsibilities, and authority of
c. Assisting in evaluating the performance of members the members of the Board of Directors and/
of the Board of Directors and/or the Board of or the Board of Commissioners related to the
Commissioners; achievement of the goals and performance of the
d. Designing capability development programs for Issuers or Public Company;
members of the Board of Directors and/or the Board - performance targets for each member of
of Commissioners; and the Board of Directors and/or the Board of
e. Reviewing and proposing qualified candidates Commissioners; and
for the Board of Directors and/or the Board of - the balance of allowances between fixed and
Commissioners to the Board of Commissioners for variable components.
submission to the GMS. b. The remuneration structure as mentioned in point
2.a. can include:
Remuneration Function - salary;
1. Evaluating the Remuneration policy based on - honorarium;
performance, risk, fairness compared to peer groups, - incentives; and/or
corporate goals, and long-term strategy, compliance - fixed and/or variable allowances.
with reserve requirements as stipulated by laws and c. Conducting an evaluation of the structure, policies,
regulations, and the Company’s potential future revenue; and amount of remuneration for members of the
2. Submitting evaluation results and recommendations to Board of Directors and the Board of Commissioners
the Board of Commissioners regarding: at least once a year.
a. The structure, policy, and amount of remuneration
for the Board of Directors and the Board of
Commissioners to be presented to the General
Meeting of Shareholders (GMS); and
PT Bank Rakyat Indonesia (Persero) Tbk. 707
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Authority of The Nomination and 1. The Committee is under the coordination of the Board
Remuneration Committee of Commissioners and is structurally responsible to the
Board of Commissioners;
The Nomination and Remuneration Committee has the 2. The Committee is chaired by an Independent
following authorities: Commissioner who also serves as a member; and
1. Accessing the data, documents, and information of the 3. The members of the Nomination and Remuneration
Company related to the performance of its duties; Committee may be from the members of the Company’s
2. Communicating and coordinating with parties related to Board of Commissioners or from outside the Company
the committee’s tasks; 4. The Committee must have at least:
3. Exercising other powers granted by the Board of a. One (1) Independent Commissioner;
Commissioners as long as they do not conflict with b. One (1) Non-Independent Commissioner;
applicable laws and regulations; c. One (1) Executive Officer responsible for the HR
4. Providing opinions and recommendations to the Board function or one (1) representative of the Company’s
of Commissioners of the Parent entity to enhance the employees;
internal control function, compliance function, and the 5. Members of the Board of Directors are prohibited from
implementation of integrated risk management; and being members of the Committee;
5. Exercising powers granted by the Board of Commissioners 6. If the Committee has more than (3) members, the
as long as they do not conflict with applicable laws and number of Independent Commissioners must be at least
regulations. two members;
7. Committee members who are not from the Board of
Nomination and Remuneration Committee Commissioners must meet the following criteria:
Term of Office a. having good integrity and sufficient knowledge and
work experience in the fields of nomination and
The term of office for members of the Nomination and remuneration;
Remuneration Committee may not be longer than the term b. not having personal interests/ relationships that
of office of the Board of Commissioners as stipulated in the could cause negative impacts or conflicts of interest
Company’s Articles of Association and may be re-elected with the relevant State-Owned Enterprise (BUMN;
only for the next 1 (one) period, without reducing the right of c. being able to communicate effectively;
the Board of Commissioners to dismiss at any time. d. being able to allocate sufficient time to perform their
duties; and
Structure, Membership and Expertise of The e. not holding concurrent positions as members of
Nomination and Remuneration Committee the Board of Commissioners/Supervisory Board
at other companies, secretaries/staff of the Board
The Nomination and Remuneration Committee is under the of Commissioners/Supervisory Board at other
Board of Commissioners' coordination and is structurally companies, members of other committees within
responsible to the Board of Commissioners. The structure the Company, or members of committees at other
and membership of the Nomination and Remuneration companies.
Committee are arranged as follows:
The structure, membership, and expertise of the Nomination and Remuneration Committee are shown in the table below.
Period from January 1, 2025 to April 14, 2025
No. Name Position Expertise Description
1 Heri Sunaryadi* Chairman Capital Market, Technology, Independent Commissioner
Management
2 Rofikoh Rokhim* Secretary Finance, Economics, Management, Vice President Commissioner/
Accounting Independent Commissioner
3 Kartika Wirjoatmodjo** Member Banking, Finance, Risk Management President Commissioner/Commissioner
4 Rabin Indrajad Hattari* Member Statistic, Economics, Management Commissioner
5 Awan Nurmawan Nuh* Member Accounting, Audit, Taxation Commissioner
6 Dwi Ria Latifa* Member Law, Social Politics, Regulation Independent Commissioner
708 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No. Name Position Expertise Description
7 Nurmaria Sarosa* Member ESG, Logistics, Management Independent Commissioner
8 Agus Riswanto* Member Law, Intelligent, Regulation Independent Commissioner
9 Paripurna P. Sugarda* Member Law, Social Politics, Regulation Independent Commissioner
10 Haryo Baskoro Wicaksono* Member Governance, Risk Management, and Independent Commissioner
Compliance (GRC), Management
11 M. Dadang Permana K.F. Member Banking, Human Recources Ex Officio (Head of Human Capital
Business Partner Division)
*) Resigned from office in accordance with the AGMS on March 24, 2025
**) Based on the OJK Voting Rights, his term of office ended on February 18, 2025 and he was reappointed at the BRI AGM on March 24, 2025..
Period from April 15, 2025 to December 31, 2025
No. Name Position Expertise Description
1 Edi Susianto Chairman Finance, Economic, Risk Independent Commissioner
Management, Accounting
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management President Commissioner
3 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
4 Parman Nataatmadja Member Banking, Finance, Risk Management Vice President Commissioner/
Independent Commissioner
5 Helvi Yuni Moraza Member Management, Risk Management, Commissioner
Economy
6 Lukmanul Khakim Member Law, Business Administration, Risk Independent Commissioner
Management, GRC
7 M. Dadang Permana K.F. Member Banking, Human Recources Ex Officio (Head of Human Capital
Business Partner Division)
Nomination and Remuneration Committee Profile
The profile of the Nomination and Remuneration Committee as of December 31, 2025 is as follows.
Edi Susianto Parman Nataatmadja
Chairman of the Nomination and Remuneration Member of the Nomination and Remuneration
Committee/Independent Commissioner Committee/Vice President Commissioner/
Independent
The profile can be seen in the Board of Commissioners section The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period The period and term of office have been attached to the period
and term of office of the Board of Commissioners and term of office of the Board of Commissioners
Kartika Wirjoatmodjo Awan Nurmawan Nuh
Member of the Nomination and Remuneration Member of the Nomination and Remuneration
Committee/President Commissioner Committee/Commissioner
The profile can be seen in the Board of Commissioners section The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period The period and term of office have been attached to the period
and term of office of the Board of Commissioners and term of office of the Board of Commissioners
PT Bank Rakyat Indonesia (Persero) Tbk. 709
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Corporate
Governance
Helvi Yuni Moraza Lukmanul Khakim
Member of the Nomination and Remuneration Member of the Nomination and Remuneration
Committee/Commissioner Committee/Independent Commissioner
The profile can be seen in the Board of Commissioners section The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period The period and term of office have been attached to the period
and term of office of the Board of Commissioners and term of office of the Board of Commissioners
Place and Year of Birth/Age
Born in Bandung, January 10, 1973. Age 52 years as of December 2025.
Educational Background
- Bachelor of Agriculture, Winaya Mukti University, Jatinangor (1996)
- Master of Management, Padjadjaran University, Bandung (2009)
Work Experience
- Division Head Human Capital Business Partner 1 (2024 – present)
- Division Head Human Capital Business Partner (2023 – 2024)
- Regional Chief Audit Denpasar (2022 – 2023)
- Department Head Talent Management & Industrial Relations, Human Capital Business
Partner Division (2020 – 2022)
M. Dadang Permana K.F - Deputy Head of Career Management & Culture Division, Human Capital Policy and
Member of the Nomination and Development Division (2019)
Remuneration Committee - Head of Career Development, Human Capital Policy and Development Division (2018 –
2019)
- Head of Human Capital, Yogyakarta Regional Office (2016 – 2018)
Citizenship
- Head of Human Capital, Denpasar Regional Office (2014 – 2016)
Indonesian citizen - Head of Human Capital, Padang Regional Office (2013 – 2014)
Domicile Certification
Jakarta Risk Management Level 7 – LSP LSPP
Legal Basis for Appointment
- Board of Directors Decree Number 0673-DIR/HCB/07/2023 dated July 4, 2023,
concerning the Determination of the Chairman and Members of the Nomination and
Remuneration Committee of PT Bank Rakyat Indonesia (Persero) Tbk
- Board of Directors Decree Number 441-DIR/HCB/03/2024 dated March 19, 2024,
concerning the Determination of the Chairman and Members of the Nomination and
Remuneration Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
In accordance with the Legal Basis for Appointment
Serving Duration
July 4, 2023 – present
Concurrent Positions
- Commissioner of PT Upaya Purnabakti Sejahtera (BRImedika) (01/09/2023 – present)
- Head of Human Capital Business Partner 2 Division (01/09/2024 – present)
710 PT Bank Rakyat Indonesia (Persero) Tbk.
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Qualification of Education and Work Experience of The Nomination and Remuneration Committee
Table of Qualification of Education and Work Experience of the Nomination and Remuneration Committee
Name Position Education Work experience
• Bachelor of Economics &
Have experience in economics, finance, fiscal,
Edi Susianto v Chairman Development
monetary, and risk management
• Master of Economics and Finance
• Bachelor of Accounting Have experience in banking, finance,
Kartika Wirjoatmodjo Member
• Master of Business Administration govarnance and risk management
• Bachelor of Economics Have experience in accounting, auditing and
Awan Nurmawan Nuh Member
• Master of Business Taxation taxation
• Sarjana Manajemen(Bachelor of
Have experience in finance, business,
Parman Nataatmadja Member Economics)
economics and risk management
• Master of Finance
• Sarjana Manajemen(Bachelor of
Have experience in government, economics,
Helvi Yuni Moraza Member Economics)
and management
• Master of Management
Have experience in law, constitutional
• Bachelor of Constitutional Law
Lukmanul Khakim Member governance, administration, and business
• Master of Administrative Sciences
management
• Bachelor of Agriculture Have experience in bidang banking and human
M. Dadang Permana K.F. Member
• Master of Management resources
Independence of The Nomination and Remuneration Committee
Period from January 1, 2025 to April 14, 2025
Independence
HS RR KW RIH ANN DRL NS AR PPS HBW MDP
Aspect
Has no financial
relationship with
the Board of √ √ √ √ √ √ √ √ √ √ √
Commissioners and
Board of Directors
Has no management
relationship with
the company, its √ √ √ √ √ √ √ √ √ √ √
subsidiaries, or affiliated
companies
Has no family
relationship with
the Board of
Commissioners,
Directors, and/or √ √ √ √ √ √ √ √ √ √ √
fellow members of
the BRI Nomination
and Remuneration
Committee
HS Heri Sunaryadi RIH Rabin Indrajad Hattari NS Nurmaria Sarosa HBW Haryo Baskoro Wicaksono
RR Rofikoh Rokhim ANN Awan Nurmawan Nuh AR Agus Riswanto MDP M. Dadang Permana K.F.
KW Kartika Wirjoatmodjo DRL Dwi Ria Latifa PPS Paripurna Poerwoko Sugarda
PT Bank Rakyat Indonesia (Persero) Tbk. 711
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Corporate
Governance
Period from April 15, 2025 to December 31, 2025
Independence Aspect KW PN ANN HYM ES LK MDP
Has no financial relationship with the Board of Commissioners √ √ √ √ √ √ √
and Board of Directors
Has no management relationship with the company, its √ √ √ √ √ √ √
subsidiaries, or affiliated companies
Has no family relationship with the Board of Commissioners, √ √ √ √ √ √ √
Directors, and/or fellow members of the BRI Nomination and
Remuneration Committee
KW Kartika Wirjoatmodjo ANN Awan Nurmawan Nuh ES Edi Susianto MDP M. Dadang Permana K.F.
PN Parman Nataatmadja HYM Helvi Yuni Moraza LK Lukmanul Khakim
Nomination and Remuneration Committee Meeting Participants
Meeting 1. Each Committee member is required to attend at least
75% (seventy-five) of the meetings in a year;
Nomination and Remuneration Committee Meeting 2. The Committee Meetings may invite members of the
Policy Board of Directors, Executives, and Employees of the
Company or external guests;
Committee meeting arrangements are set as follows. 3. The Committee meetings may invite other Committees
and the management of Subsidiaries through the
Meeting Mechanism Integrated Governance Committee.
1. The Committee Meetings must be held regularly at least
once every three (3) months; Meeting Chairperson
2. The Committee Meetings may be held at any time 1. The Committee meetings are chaired by the Chairperson
upon the request of one or more Committee members, of the Committee;
specifying the matters to be discussed; 2. If the Chairperson of the Committee is absent or unable
3. The Committee meetings are conducted at the to attend, without the need to provide proof to any party,
Company’s domicile, another location within the Republic the meeting will be chaired by a Committee member from
of Indonesia, or at a business operation site designed by the Board of Commissioners.
the Committee;
4. The Committee meetings may be conducted online via Meeting Summons
teleconference, video conference, or other electronic 1. The Committee meetings are summoned by the
media that enable all participants to communicate and Chairperson of the Committee.
interact during the meeting; 2. If the Chairperson is unable to perform this duty, without
5. The Committee meeting material must be available and the need to provide proof to any party, the summons
provided to meeting participants no later than five (5) may be made by a Committee member from the Board of
working days before the meeting unless the meeting is Commissioners;
held outside the schedule, in which case the materials 3. The meeting summons must be issued in writing, stating
can be provided before the meeting; the agenda, date, time, and venue of the meeting;
6. If necessary, the Committee may independently hold 4. In special situations or extraordinary conditions, the
a Technical Meeting to conduct an in-depth technical Committee may call a meeting at any time (less than one
review of the materials to be discussed in the Committee working day) online or offline.
Meeting by inviting relevant parties.
Meeting Resolutions
Meeting Quorum 1. A meeting is valid and authorized to make binding
A Committee meeting is valid if attended and/or represented decisions if attended by at least half (1/2) of the
by more than half (1/2) of the total members, including total Committee members, including at least one (1)
at least one (1) Independent Commissioner and one (1) Independent Commissioner and one (1) Executive Officer
Executive Officer responsible for human resources or one (1) responsible for human resources or one (1) representative
representative of the Company’s employees. of the Company’s employees;
712 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
2. Recommendations formulated in the Committee Meeting 4. If any Board of Commissioners or Board of Directors
are based on deliberation to reach a consensus. If member does not sign the minutes as stated in points 2
consensus is not achieved, decisions are made by and 3, they must provide written reasons in a separate
majority vote; letter attached to the minutes;
3. Each Committee member has one (1) vote and an 5. Any dissenting opinions during the meeting must be
additional one (1) vote for each Committee member they clearly recorded in the minutes along with the reasons
lawfully represent in the meeting; for the disagreement;
4. Committee members who are unable to attend may submit 6. The minutes serve as legal evidence of the decisions
their opinions and cast their votes in writing, signed, made during the meeting;
and delivered to the Chairperson of the Committee or 7. The Secretariat of the Board of Commissioners is
the Commissioner leading the meeting. Such votes are responsible for properly documenting the minutes of the
considered valid and included in the decision-making meetings.
process;
5. If the number of affirmative and dissenting votes is equal, Follow-up on Meeting Results
the decision is postponed and re-evaluated. If, after 1. The decisions made in the Committee meeting are
reevaluation, the votes remain tied, the final decision is communicated to the Board of Commissioners,
determined by the meeting leader; containing opinions, recommendations, or suggestions
6. The meeting leader presents conclusions and decisions to assist the execution of the Board’s duties;
at the end of each meeting; 2. The Committee’s memorandum in point one above may
7. All meeting decisions are binding for all Committee include drafts of outgoing letters from the Board of
members; Commissioners and/or the Committee to the Board of
8. The Committee may also make valid decisions without Directors;
holding a meeting, provided that all serving Board of 3. The Committee’s memorandum must be signed by the
Commissioners members give their written approval by Chairperson and all Committee members;
signing the proposed decision; 4. Outgoing letters from the Board of Commissioners
9. Any Committee member who has a personal interest, must follow the communication procedures established
whether directly or indirectly, in a transaction or contract by the Board of Commissioners, while letters from the
involving the Company must declare the nature of their Committee must be signed by the Chairperson and the
interest in a Committee meeting and is not entitled to Committee members from the Board of Commissioners;
vote on matters related to the transaction or contract. 5. All outgoing letters from the Board of Commissioners
and/or the Committee must be recorded in the Letter
Minutes of Meeting Register and processed by the Secretariat of the Board
1. The results of the Committee meetings must be of Commissioners and stored by the Corporate Secretary
documented in the minutes of the meeting; Division.
2. The minutes must be signed by all Committee members
present and distributed to all Committee members;
3. The minutes must be prepared by an Independent Party
member of the Committee who attended the meeting;
PT Bank Rakyat Indonesia (Persero) Tbk. 713
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Corporate
Governance
Meeting Agenda of The Nomination and Remuneration Committee
Table of Nomination and Remuneration Committee Meeting Agenda
No Day, Date of Meeting Meeting Agenda Meeting Participants Information
1 Tuesday, January 14, 2025 Changes in Management of Subsidiary 1.Heri Sunaryadi Nomination
Companies 2.Rofikoh Rokhim
3. Nurmaria Sarosa
4. Paripurna P. Sugarda
5. Agus Riswanto
6. Haryo Baskoro Wicaksono
7. Rabin Indrajad Hattari
8. Dwi Ria Latifa
9. Kartika Wirjoatmodjo
10. M Dadang Permana KF
2 Tuesday, February 4, 2025 Discussion of BRI's 2025 BOD & BOC 1.Heri Sunaryadi Remuneration
Remuneration Study 2.Rofikoh Rokhim
3. Nurmaria Sarosa
4. Paripurna P. Sugarda
5. Agus Riswanto
6. Haryo Baskoro Wicaksono
7. Rabin Indrajad Hattari
8. Dwi Ria Latifa
9. Kartika Wirjoatmodjo
10. Awan Nurmawan Nuh
11. M Dadang Permana KF
3 Tuesday, February 4, 2025 BRI Top Talent Nomination Proposal for 1.Heri Sunaryadi Nomination
2025 2.Rofikoh Rokhim
3. Nurmaria Sarosa
4. Paripurna P. Sugarda
5. Agus Riswanto
6. Haryo Baskoro Wicaksono
7. Rabin Indrajad Hattari
8. Dwi Ria Latifa
9. Kartika Wirjoatmodjo
10. Awan Nurmawan Nuh
11. M Dadang Permana KF
4 Tuesday, February 25, 2025 Presentation of Consultant's Study for 1.Heri Sunaryadi Remuneration
the Proposed Remuneration of Directors 2.Rofikoh Rokhim
and Board of Commissioners in 2025 3. Nurmaria Sarosa
4. Paripurna P. Sugarda
5. Agus Riswanto
6. Haryo Baskoro Wicaksono
7. Awan Nurmawan Nuh
8. M Dadang Permana KF
5 Monday, March 24, 2025 Granting of Power of Attorney at the BRI 1.Heri Sunaryadi Nomination
Management Nomination Discussion 2.Rofikoh Rokhim
Meeting at the AGMS on March 24, 2025 3. Nurmaria Sarosa
4. Paripurna P. Sugarda
5. Agus Riswanto
6. Haryo Baskoro Wicaksono
7. Kartika Wirjoatmodjo
8. Awan Nurmawan Nuh
9. M Dadang Permana KF
6 Monday, March 24, 2025 Discussion on BRI Management 1.Heri Sunaryadi Nomination
Nominations at the BRI AGM on March 2.Rofikoh Rokhim
24, 2025 3. Nurmaria Sarosa
4. Paripurna P. Sugarda
5. Agus Riswanto
6. Haryo Baskoro Wicaksono
7. Kartika Wirjoatmodjo
8. Awan Nurmawan Nuh
9. M Dadang Permana KF
714 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Day, Date of Meeting Meeting Agenda Meeting Participants Information
7 Tuesday, May 27, 2025 1. Discussion of the Proposed 1. Edi Susianto* Nomination
Changes to the Management of the 2. Kartika Wirjoatmodjo
Subsidiary Company - Pegadaian 3. Parman Nataatmadja*
2. Discussion of the Proposed 4. Awan Nurmawan Nuh
Changes to the Management of the 5. Helvi Yuni Moraza*
Subsidiary Company - Bank Raya 6. Lukmanul Khakim*
3. Discussion of the Proposed 7. M Dadang Permana KF
Chairman/Board of Supervisors of
the BRI Pension Fund
8 Tuesday, June 17, 2025 Dismissal of Working Partners of the 1. Edi Susianto* Nomination
Board of Commissioners Committee 2. Kartika Wirjoatmodjo
3. Parman Nataatmadja*
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
9 Tuesday, August 5, 2025 Update on Candidates for Independent 1. Edi Susianto* Nomination
Committee Members of the Board of 2. Kartika Wirjoatmodjo
Commissioners of PT Bank Rakyat 3. Parman Nataatmadja*
Indonesia (Persero) Tbk 4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
10 Tuesday, August 12, 2025 1. Discussion of the Proposed 1. Edi Susianto* Nomination
Management of Subsidiaries; 2. Kartika Wirjoatmodjo
2. Discussion of the Proposed 3. Parman Nataatmadja*
Dismissal and Appointment of the 4. Awan Nurmawan Nuh
Corporate Secretary; 5. Helvi Yuni Moraza*
3. Discussion of the Proposed 6. Lukmanul Khakim*
Replacement of the Board of 7. M Dadang Permana KF
Commissioners of PT Bank Rakyat
Indonesia (Persero) Tbk.
11 Tuesday, August 19, 2025 Discussion on extending the work 1. Edi Susianto* Nomination
contracts of BRI's non-board of 2. Kartika Wirjoatmodjo
Commissioner Committees 3. Parman Nataatmadja*
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
12 Tuesday, September 16, proposed replacement of the Secretary 1. Edi Susianto* Nomination
2025 of the BRI Board of Commissioners 2. Kartika Wirjoatmodjo
3. Parman Nataatmadja*
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
13 Tuesday, October 7, 2025 1. Discussion of Proposed Changes 1. Edi Susianto* Nomination
to the Management of Subsidiary 2. Kartika Wirjoatmodjo
Companies - BRILife 3. Parman Nataatmadja
2. Discussion of Proposed Changes 4. Awan Nurmawan Nuh
to the Management of Subsidiary 5. Helvi Yuni Moraza*
Companies - BRIDS 6. Lukmanul Khakim*
7. M Dadang Permana KF
14 Tuesday, October 21, 2025 Changes to the composition of the BRI 1. Edi Susianto* Nomination
Committee 2. Kartika Wirjoatmodjo
3. Parman Nataatmadja
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
15 Tuesday, November 4, Proposed Changes to the Management 1. Edi Susianto Nominasi
2025 of Subsidiary Companies - BRIMI 2. Kartika Wirjoatmodjo
3. Parman Nataatmadja
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
PT Bank Rakyat Indonesia (Persero) Tbk. 715
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Corporate
Governance
No Day, Date of Meeting Meeting Agenda Meeting Participants Information
16 Tuesday, November 11, 1. Discussion of Proposed Changes 1. Edi Susianto Nomination
2025 to the Management of a Subsidiary 2. Kartika Wirjoatmodjo
Company – PT BRI Asuransi 3. Parman Nataatmadja
Indonesia (BRINS) 4. Awan Nurmawan Nuh
2. Discussion of Proposed Changes 5. Helvi Yuni Moraza*
to the Management of a Subsidiary 6. Lukmanul Khakim*
Company – PT BRI Ventura 7. M Dadang Permana KF
Investama
17 Tuesday, November 18, Discussion of 50 Top Talent BOD-1 and 1. Edi Susianto Nomination
2025 BOD-2 and Individual Development Plan 2. Kartika Wirjoatmodjo
3. Parman Nataatmadja
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
18 Tuesday, November 25, Discussion on Proposed Changes to the 1. Edi Susianto Nomination
2025 Management of Subsidiary Companies - 2. Kartika Wirjoatmodjo
BRI Multifinance 3. Parman Nataatmadja
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
19 Tuesday, November 25, Internal Meeting of the Board of 1. Edi Susianto Remuneration
2025 Commissioners 2. Kartika Wirjoatmodjo
3. Parman Nataatmadja
4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
20 Wednesday, December 17, Granting of Power of Attorney at the BRI 1. Edi Susianto Nomination
2025 Management Nomination Discussion 2. Kartika Wirjoatmodjo
Meeting at the EGMS on December 17, 3. Parman Nataatmadja
2025 4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
21 Wednesday, December 17, Discussion on BRI Management 1. Edi Susianto Nomination
2025 Nominations at BRI's Extraordinary 2. Kartika Wirjoatmodjo
General Meeting of Shareholders on 3. Parman Nataatmadja
December 17, 2025 4. Awan Nurmawan Nuh
5. Helvi Yuni Moraza*
6. Lukmanul Khakim*
7. M Dadang Permana KF
* Present as observers. Mr. Parman Nataatmadja passed the OJK Fit and Proper test on September 15, 2025. Mr. Edi Susiatnto passed the OJK Fit and Proper test on
October 24, 2025. Mr. Helvi Yuni Moraza and Mr. Lukmanul Khakim passed the OJK Fit and Proper test on December 19, 2025.
Frequency and Attendance Rate of The Nomination and Remuneration Committee Meetings
During 2025, the Nomination and Remuneration Committee held 21 meetings. The frequency and level of meeting attendance
for each member of the Nomination and Remuneration Committee is as follows:
Nomination and Remuneration Committee Meeting Attendance Rate Table
Period from January 1, 2025 to April 14, 2025
Nomination and Remuneration Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Heri Sunaryadi1 Chairman 6 6 100%
Rofikoh Rokhim 1
Secretary 6 6 100%
Kartika Wirjoatmodjo 2
Member 5 5 100%
Rabin Indrajad Hattari 3
Member 3 3 100%
Awan Nurmawan Nuh Member 6 5 83%
716 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Nomination and Remuneration Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Dwi Ria Latifa3 Member 3 3 100%
Nurmaria Sarosa1 Member 6 6 100%
Agus Riswanto1 Member 6 6 100%
Paripurna P. Sugarda1 Member 6 6 100%
Haryo Baskoro Wicaksono1 Member 6 6 100%
M. Dadang Permana K.F. Member 6 6 100%
Description:
1)
Resigned from office at the BRI AGM on March 24, 2025.
2)
Kartika Wirjoatmodjo, based on OJK Voting Rights, completed his term of office on February 18, 2025, and was effectively reappointed at the BRI AGM on March 24,
2025.
3)
OJK Voting Rights: Rabin Indrajad Hattari and Dwi Ria Latifa completed their terms of office on February 18, 2025, and effectively resigned at the BRI AGM on March 24,
2025
Period from April 15, 2025 to December 31, 2025
Nomination and Remuneration Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Edi Susianto 1
Chairman 7 7 100%
Kartika Wirjoatmodjo Member 15 15 100%
Awan Nurmawan Nuh Member 15 15 100%
Parman Nataatmadja 2
Member 10 10 100%
Helvi Yuni Moraza 3
Member - - -
Lukmanul Khakim 3
Member - - -
M. Dadang Permana K.F. Member 15 15 100%
1
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on October 24, 2025
2
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on September 15, 2025
3
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on December 19, 2025
Competency Improvement Program of The Nomination and Remuneration Committee
Period from January 1, 2025 to April 14, 2025
Types of Training and
Implementation Time and
Name Position Competency Development/ Organizer
Place
Training Materials
Heri Sunaryadi Chairman Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Rofikoh Rokhim Secretary Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Kartika Wirjoatmodjo Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Rabin Indrajad Hattari Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Awan Nurmawan Nuh Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Dwi Ria Latifa Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
PT Bank Rakyat Indonesia (Persero) Tbk. 717
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Corporate
Governance
Types of Training and
Implementation Time and
Name Position Competency Development/ Organizer
Place
Training Materials
Nurmaria Sarosa Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Agus Riswanto Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Paripurna P. Sugarda Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners.
Haryo Baskoro Member Education and/or Training can be seen in the education and/or training section of the Members
Wicaksono of the Board of Commissioners.
M. Dadang Permana K.F. Member Internalization of Disciplinary
Regulations and License Education
October, 23-24 Internal BRI
for Officials Authorized to Enforce
Discipline
Elevate Talks: Optimizing the Use of
Digital Population Identity (IKD) in July, 8 Dukcapil
Indonesia
Period from April 15, 2025 to December 31, 2025
Types of Training and
Implementation Time and
Name Position Competency Development/ Organizer
Place
Training Materials
Edi Susianto Chairman Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Kartika Wirjoatmodjo Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Awan Nurmawan Nuh Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Parman Nataatmadja Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Helvi Yuni Moraza Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Lukmanul Khakim Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
M. Dadang Permana K.F. Member Internalization of Disciplinary
Regulations and License Education
October, 23-24 Internal BRI
for Officials Authorized to Enforce
Discipline
Elevate Talks: Optimizing the Use of
Digital Population Identity (IKD) in July, 8 Dukcapil
Indonesia
Income of The Nomination and Remuneration Committee
Remuneration for Board of Commissioners members who are also Committee members is included in the Board of Commissioners'
honorarium, and there is no separate honorarium for each Committee member. Honorarium for Committee members from
independent parties (Non-Commissioners) is determined by the Board of Commissioners, with a maximum of 20% of the Main
Director’s salary, and no other income is provided apart from the honorarium. This is in accordance with the provisions of the
Minister of BUMN Regulation Number PER-3/MBU/03/2023 dated March 20, 2023, concerning Organs and Human Resources
of State-Owned Enterprises.
718 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Work Program and Implementation of 2) Update on candidates for the Independent Party
Duties of The Nomination and Remuneration Committee of the Board of Commissioners.
Committee In 2025 3) Replacement of the Board of Commissioners’ staff.
4) Extension of the working contract of non-Board of
Throughout 2025, the Nomination and Remuneration Commissioners committee members of BRI.
Committee carried out the following work programs: 5) Replacement of the Secretary to the Board of
a. Nomination Function: Commissioners of BRI.
1) Change of management of the Subsidiary Company 6) Changes in the composition of BRI Committees.
a) Change of management of the Subsidiary
Company – BRILife. Board of Directors Succession Policy
b) Change of management of the Subsidiary
Company – Pegadaian. The company’s Board of Directors succession is carried out
c) Change of management of the Subsidiary based on the company’s long-term objectives, considering
Company – Bank Raya. various aspects, including:
d) Change of management of the Subsidiary 1. Integrity
Company – BRIMI. 2. Background in the field of work,
e) Change of management of the Subsidiary 3. Work experience and
Company – BRIDS. 4. Leadership.
f) Change of management of the Subsidiary
Company – BRINS. The principles for implementing Director Succession are
g) Change of management of the Subsidiary based on good corporate governance to ensure business
Company – BRI Venture. continuity and the company’s long-term goals. BRI has a
h) Change of management of the Subsidiary talent pool candidate policy to select potential employees
Company – BRI Multifinance. for leadership positions within the Company and other state-
i) Changes in the Supervisory Board of BRI Pension owned companies. In addition, the Company is assisted
Fund. by independent parties to periodically evaluate executive
2) Nomination of the Company’s Management officers and officers below them to identify potential
a) Granting of authority at the meeting to discuss successors, so that leadership and character remain
the nomination of BRI management at the AGMS suitable and in accordance with the capacity required by the
on March 24, 2025. Company.
b) Discussion on the nomination of BRI management
at the BRI AGMS on March 24, 2025. The selected candidates are then proposed to the Nomination
c) Granting of authority at the meeting to discuss and Remuneration Committee for the nomination procedure
the nomination of BRI management at the EGMS for the Board of Directors, based on POJK Regulation No.33/
on December 17, 2025. POJK.04/2014 and the Minister of State-Owned Enterprises
d) Discussion on the nomination of BRI management Regulation No. PER-3/MBU/03/2023 of 2023 about the
at the BRI EGMS on December 17, 2025. Regulation of the Minister of State-Owned Enterprises
3) Talent nomination concerning the Organs and Human Resources of State-
a) Proposed nomination of Top Talent BOD-1 for 2025 in Owned Enterprises.
accordance with the Company's strategic direction.
b) Proposed dismissal and appointment of the Risk Management Monitoring Committee
Corporate Secretary.
c) Discussion on the 50 Top Talents of BOD-1 and The Risk Management Monitoring Committee (RMOC) is
BOD-2 and the Individual Development Plan. one of the Committees under the Board of Commissioners
b. Remuneration Function whose duties and responsibilities are to assist the Board of
1) Discussion on the remuneration study for BOD & Commissioners in carrying out evaluations and ensuring the
BOC of BRI for 2025. implementation of risk management in the Company.
2) Presentation of the consultant’s study on the
proposed remuneration for the Board of Directors Basis for Establishing the Risk Management
and Board of Commissioners for 2025. Monitoring Committee
3) Review of the Company’s remuneration policy.
c. Internal Matters of the Board of Commissioners 1. OJK Regulation no. 17/POJK.03/2014 dated November
1) Dismissal of the Working Partner of the Board of 18, 2014 concerning the Implementation of Integrated
Commissioners Committee. Risk Management for Financial Conglomerates.
2. OJK Regulation (POJK) Number 17 of 2023 dated
September 14, 2023 concerning Implementation of
Governance for Commercial Banks.
PT Bank Rakyat Indonesia (Persero) Tbk. 719
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Corporate
Governance
3. Minister of State-Owned Enterprises Regulation No. PER-2/ MBU/03/2023 dated March 3, 2023 concerning Guidelines for
Governance and Significant Corporate Activities of State-Owned Enterprises.
4. Minister of State-Owned Enterprises Regulation No. PER-3/MBU/03/2023 dated March 20, 2023 concerning Organs and
Human Resources of State-Owned Enterprises.
5. Articles of Association of PT Bank Rakyat Indonesia (Persero) Tbk. along with the changes.
Risk Management Monitoring Committee Charter
The Risk Management Monitoring Committee has Work Guidelines outlined in the Board of Commissioners’ decree Number
08- KOM/05/2024 dated May 28, 2024, which contains the following matters:
Chapter Discussion
Chapter I Introduction
1.1 Legal Basis
1.2 General Definitions
Chapter II Corporate Values, Organizational Structure, and Code of Ethics
1.1 Corporate Values
1.2 Organization Structure, Membership, and Code of Ethics
Chapter III Work Guidelines and Regulations of the Risk Management Monitoring Committee
1.1 Objectives, Authority, Duties, and Responsibilities
1.2 Meeting and Governance and Decision Making
1.3 Committee reports and Evaluation
1.4 Communication Protocol
1.5 Correspondence Mechanism
Chapter IV Closing
Appointment and Dismissal of The Risk Duties and Responsibilities of Risk
Management Monitoring Committee Management Monitoring Committee
The Risk Management Monitoring Committee is appointed The Risk Management Monitoring Committee supports the
and dismissed by the Board of Commissioners and is Board of Commissioners in fulfilling its duties by evaluating
accountable to them. During the year 2025, the positions and ensuring that the Company’s risk management
of Chairperson and Members of the Risk Management procedures and methodologies are adequate, so that the
Monitoring Committee were established through the Company’s activities remain within acceptable risk limits and
following: provide benefits to the Company.
1. Director's Decree Number 1789-DIR/HBS/09/2024,
dated September 09, 2024 regarding the Appointment of The Risk Management Monitoring Committee is tasked
the Chairperson and Members of the Risk Management with assisting the Board of Commissioners in carrying out
Monitoring Committee of PT Bank Rakyat Indonesia supervisory duties related to:
(Persero) Tbk. 1. Periodically review and analyze risk management
2. Director's Decree Number 1721-DIR/HBS/04/2025, policy, providing recommendations to the Board of
dated April 17, 2025 regarding the Appointment of the Commissioners for adjusting and improving the risk
Chairperson and Members of the Risk Management management framework and approach.
Monitoring Committee of PT Bank Rakyat Indonesia 2. Evaluate and analyze the company’s quarterly risk profile
(Persero) Tbk. report, and provide advice and recommendations to the
3. Director's Decree Number 5546-DIR/HBS/11/2025 dated Board of Commissioners for necessary enhancements
November 3, 2025 regarding the Appointment of the and improvements.
Chairperson and Members of the Risk Management 3. Monitor and evaluate the adequacy of the identification,
Monitoring Committee of PT Bank Rakyat Indonesia measurement, monitoring, control, and risk management
(Persero) Tbk. information system of the Company and provide advice
and recommendations to the Board of Commissioners to
improve the effectiveness and quality of the Company’s
risk management implementation.
720 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
4. Conduct supervision, evaluate the implementation of 3. Provide opinions and recommendations to the Board of
the duties of the Risk Management Committee and the Commissioners for the improvement of risk management
Risk Management Division, and provide advice and/ in the Company.
or recommendations to the Board of Commissioners to 4. Provide opinions and recommendations to the Board of
improve the effectiveness of the implementation of the Commissioners for the improvement of the effectiveness
duties of the Risk Management Committee and the Risk of the Risk Management Unit.
Management Division. Evaluation of the implementation 5. Provide opinions and recommendations to the Board of
of the duties of the Risk Management Committee and the Commissioners to improve the quality of implementation
Risk Management Division is carried out at least 1 (one) of the Company’s Anti-Money Laundering, Prevention of
time in 1 (one) year. Terrorism Financing, and Prevention of Proliferation of
5. Evaluate and analyze the implementation of risk control Mass Destruction Weapons programs.
for the Company’s fraud at least once per semester. 6. Provide opinions and recommendations to the Board
Provide suggestions and recommendations to the Board of Commissioners on the implementation of risk
of Commissioners to improve the implementation of the management in the use of Information Technology by the
Company’s Anti-Fraud Strategy. Company.
6. Evaluate and analyze the implementation of the 7. Provide opinions and recommendations to the Board of
Company’s Anti-Money Laundering, Counter-Terrorism Commissioners to maintain and improve the Company’s
Financing, and Prevention of Financing of Proliferation of Soundness Level.
Weapons Of Mass Destruction (AML, CFT, and PFWMD) 8. Carry out other authorities granted by the Board of
programs at least semiannually and provide suggestions Commissioners as long as they do not conflict with
and/or recommendations to the Board of Commissioners applicable laws and regulations.
to improve the quality of the implementation of the
programs. Term of Office of The Risk Management
7. Evaluate and analyze the implementation of risk Monitoring Committee
management in the use of Information Technology
Plans, Strategic Information Technology, and Company The term of office of members of the Risk Management
policies related to the use of Information Technology, Monitoring Committee may not be longer than the term of
and provide advice and recommendations to the Board office of the Board of Commissioners as stipulated in the
of Commissioners regarding the implementation of risk Company’s Articles of Association, and may be re-elected
management in the use of Technology Information by the only for the next 1 (one) period, without reducing the right of
Company. the Board of Commissioners to dismiss at any time.
8. Evaluate and analyze the Bank’s Soundness Level
every semester and provide suggestions and/or Structure, Membership, and Expertise of The
recommendations to the Board of Commissioners in Risk Management Monitoring Committee
order to maintain the Bank’s Soundness Level.
9. Evaluate and analyze documents for providing funds for The Risk Management Monitoring Committee is under the
related parties proposed by the Board of Directors, which Board of Commissioners' coordination and is structurally
require approval from the Board of Commissioners. responsible to the Board of Commissioners. The structure
10. Provide opinions and recommendations regarding loan and membership of the Risk Management Monitoring
facilities above a certain amount that require consultation Committee are regulated as follows.
with the Board of Commissioners. 1. Committee members consist of Independent
11. Carry out other duties and responsibilities are assigned Commissioners and Independent Parties.
by the Board of Commissioners. 2. The Committee is chaired by an Independent
Commissioner who may also serve as a member.
Authority of Risk Management Monitoring 3. The Committee members consist of at least:
Committee a. An Independent Commissioner.
b. An Independent party who has expertise in the
The Board of Commissioners grants authority to the Committee field of risk management proven by having a risk
within the scope of the Committee’s responsibilities to: management certificate and a competency certificate
1. Obtain relevant information related to duties that supports the implementation of the committee’s
implementation from the Company’s internal and or functions and responsibilities; and
external parties. c. An Independent Party who has expertise in the
2. Obtain inputs or recommendations from external parties financial field.
related to its duties.
PT Bank Rakyat Indonesia (Persero) Tbk. 721
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Corporate
Governance
4. Independent Parties must meet the following requirements:
a. Do not receive compensation from the Company and its subsidiaries or affiliates, except for wages, salaries, and other
facilities received in connection with the duties carried out as a member of the Risk Management Monitoring Committee.
b. Do not have family or financial relationship with the Board of Directors and Board of Commissioners.
c. Do not have dual positions in the Company and other companies affiliated with the Company.
d. Do not have duties, responsibilities, and authority that may cause a conflict of interest.
e. May not serve concurrently as a member of the Board of Commissioners, Secretary to the Board of Commissioners,
Staff to the Secretary to the Board of Commissioners and member of the Committee at an SOEs or other company; and
f. Do not conflict with other provisions and laws.
5. Members of the Board of Directors are prohibited from becoming members of the Committee.
6. Former members of the Board of Directors or Executive Officers of the Company or parties who have a relationship
with the Company that can affect their ability to act independently cannot become Independent Parties as members of
the Committee before undergoing a cooling off period of 6 (six) months. The cooling off period provisions to become
Independent Parties do not apply to former members of the Board of Directors or Executive Officers whose duties are only
to carry out supervisory functions for at least 6 (six) months.
The structure, membership, and expertise of the Risk Management Monitoring Committee can be seen in the table below.
Period from January 1, 2025 to April 15, 2025
No. Name Position Expertise Description
1 Nurmaria Sarosa Chairman ESG, Logistics, Management Independent Commissioner
2 Rofikoh Rokhim Member Finance, Economics, Management, Vice President Commissioner/
Accounting Independent Commissioner
3 Rabin Indrajad Hattari Member Statistic, Economics, Management Independent Commissioner
4 Heri Sunaryadi Member Capital Market, Technology, Independent Commissioner
Management
5 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
6 Haryo Baskoro Wicaksono Member Governance, Risk Management, and Independent Commissioner
Compliance (GRC); Management
7 A. Sigid Sudahno Member Banking, Management Independent Party
8 Sandra Chalik Member Accounting, Risk Management Independent Party
9 Cahyo Yuliarso Member Banking, Finance, Risk Management Independent Party
Period from April 15, 2025 to November 3, 2025
No. Name Position Expertise Description
1 Parman Nataatmadja Chairman Banking, Finance, Risk Management Vice President Commissioner/
Independent Commissioner
2 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
3 Helvi Yuni Moraza Member Management, Risk Management, Commissioner
Economy
4 Sandra Chalik Member Accounting, Risk Management Independent Party
5 Cahyo Yuliarso Member Banking, Finance, Risk Management Independent Party
Period from November 3, 2025 to December 31, 2025
No. Name Position Expertise Description
1 Parman Nataatmadja Chairman Banking, Finance, Risk Management Vice President Commissioner/
Independent Commissioner
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management President Commissioner
3 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
4 Helvi Yuni Moraza Member Management, Risk Management, Commissioner
Economy
5 Sandra Chalik Member Banking, Finance, Risk Management Independent Party
722 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Risk Management Monitoring Committee Profile
The profile of the Risk Management Monitoring Committee as of December 31, 2025 is as follows..
Parman Nataatmadja Kartika Wirjoatmodjo
Chairman of the Risk Management Monitoring Chairman of the Risk Management Monitoring
Committee/Vice President Commissioner/ Committee/President Commissioner
Independent
The profile can be seen in the Board of Commissioners section
The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period
The period and term of office have been attached to the period and term of office of the Board of Commissioners
and term of office of the Board of Commissioners
Awan Nurmawan Nuh Helvi Yuni Moraza
Member of the Risk Management Monitoring Member of the Risk Management Monitoring
Committee/Commissioner Committee/Commissioner
The profile can be seen in the Board of Commissioners section The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period The period and term of office have been attached to the period
and term of office of the Board of Commissioners and term of office of the Board of Commissioners
Place and Year of Birth/Age
Born in Makassar, January 09, 1964. Age as of 61 years old (as of Desember 2025).
Educational Background
- Bachelor of Economics Accounting, STIE Surabaya – Surabaya (1989)
- Master of Management with a concentration in Risk Management, University of Indonesia
(MMUI) – Jakarta (2003)
Work Experience
- Executive Vice President - Project Manager of BRI Financial Enterprise System (BRIFirst)
Implementation Team, BRI Head Office (2020)
- Executive Vice President - Head of Management Accounting & Finance Division, BRI Head
Sandra Chalik Office (2018)
- Executive Vice President - Head of Enterprise Risk & Portfolio Management Division, BRI
Member of the Risk Management Head Office (2017)
Monitoring Committee/ Independent Party - Vice President - Deputy Head of Risk Management Division, BRI Head Office (2015)
- Vice President - Deputy Head of Division, Financial Policy and Management, BRI Head
Office (2013)
Citizenship
- Head of Division, Financial Report, BRI Head Office (2012)
Indonesian citizen - Head of Division, Market Risk Management and Integrated Risk, BRI Head Office (2009)
- Group Head, Risk Management, BRI Jakarta I Regional Office (2008)
Domicile
Certification
Jakarta
- Risk Management Assessor Certification, BNSP
- Risk Management Certification Level 7, LSP LSPP
- Master Trainer Certification, LSP IKN
Legal Basis for Appointment
BRI Board of Directors Decree Number 2349-DIR/HCB/10/2023 dated October 3, 2023,
concerning the Determination of the Chairperson and Members of the Risk Management
Monitoring Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Term of Office
Period I
Serving Duration
July 01, 2023 - present
Concurrent Positions
-
PT Bank Rakyat Indonesia (Persero) Tbk. 723
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Corporate
Governance
Educational Qualifications and Work Experience Risk Management Monitoring Committee
Members of the BRI Risk Management Oversight Committee possess competencies in their respective fields, with a minimum
of five years of experience in economics, finance, and/or banking; or at least two years of experience in risk management
in the financial and/or banking sector. The members of the BRI Risk Management Oversight Committee come from diverse
professional backgrounds, including strategic management, risk management, banking, finance, and accounting, thereby
ensuring the quality of recommendations and improvement advice provided to the Board of Commissioners.
Table of Educational Qualifications and Work Experience of the Risk Management Monitoring Committee
Name Position Education Work Experience
• Sarjana Manajemen(Bachelor of
Have experience in finance, business,
Parman Nataatmadja Chairman Economics)
economics and risk management
• Master of Finance
• Sarjana Akuntansi Have experience in banking, finance and risk
Kartika Wirjoatmodjo Member
• Master of Business Administration management
• Bachelor of Economics Have experience in accounting, auditing and
Awan Nurmawan Nuh Member
• Master of Business Taxation taxation
• Sarjana Manajemen(Bachelor of
Have experience in government, economics,
Helvi Yuni Moraza Member Economics)
and management
• Master of Management
• Bachelor of Economics Accounting
Have experience in banking, accounting,
Sandra Chalik Member • Master of Management with a
financial management, and risk management
concentration in Risk Management
Independence of Risk Monitoring Committee
All members of RMOC have no affiliations with the Directors, other Commissioners, or controlling shareholders of BRI, nor are
they shareholders who can influence its ability to act independently, nor are they Commissioners, Directors, or employees of
companies or businesses affiliated with BRI.
Independent Parties must meet the following requirements:
1. Do not receive compensation from the Company and its subsidiaries or affiliates, except for wages, salaries, and other
facilities received in connection with duties performed as a member of the Risk Management Monitoring Committee;
2. No family or financial relationship with the Board of Directors and Board of Commissioners;
3. Do not hold dual positions in the Company and other affiliated companies;
4. Not having the duties, responsibilities, and authorities that create a conflict of interest;
5. Not concurrently as a member of the Board of Commissioners, Secretary of the Board of Commissioners, Staff of the
Secretary of the Board of Commissioners and members of the Committee on SOEs or other companies;
6. Do not conflict with other provisions and laws.
Period from January 1, 2025 to April 15, 2025
Independence Aspects NS RR RIH HS ANN HBW SC CY ASS
Does not have financial relationship with
the Board of Commissioners and Board of √ √ √ √ √ √ √ √ √
Directors
Has no management relationship with
the company, its subsidiaries, or affiliated √ √ √ √ √ √ √ √ √
companies
Does not have a family relationship with
the Board of Commissioners, Board of
√ √ √ √ √ √ √ √ √
Directors, and/or fellow members of the Risk
Monitoring Committee
NS Nurmaria Sarosa HS Heri Sunaryadi SC Sandra Chalik
RR Rofikoh Rokhim ANN Awan Nurmawan Nuh CY Cahyo Yuliarso
RIH Rabin Indrajad Hattari HBW Haryo Baskoro Wicaksono ASS A. Sigid Sudahno
724 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 725
Annual Report
2025
Period from April 15, 2025 to November 3, 2025
Independence Aspects PN ANN HYM SC CY
Does not have financial relationship with the Board of Commissioners and Board of
√ √ √ √ √
Directors
Has no management relationship with the company, its subsidiaries, or affiliated
√ √ √ √ √
companies
Does not have a family relationship with the Board of Commissioners, Board of
√ √ √ √ √
Directors, and/or fellow members of the Risk Monitoring Committee
PN Parman Nataatmadja HYM Helvi Yuni Moraza CY Cahyo Yuliarso
ANN Awan Nurmawan Nuh SC Sandra Chalik
Period from November 3, 2025 to December 31, 2025
Aspek Independensi PN KW ANN HYM SC
Does not have financial relationship with the Board of Commissioners and Board of
√ √ √ √ √
Directors
Has no management relationship with the company, its subsidiaries, or affiliated
√ √ √ √ √
companies
Does not have a family relationship with the Board of Commissioners, Board of
√ √ √ √ √
Directors, and/or fellow members of the Risk Monitoring Committee
PN Parman Nataatmadja ANN Awan Nurmawan Nuh SC Sandra Chalik
KW Kartika Wirjoatmodjo HYM Helvi Yuni Moraza
Risk Management Monitoring Committee Meeting Quorum
Meeting A Committee meeting is valid if it is attended and/or
represented by more than 1/2 (one-half) of the total number
Risk Management Monitoring Committee Meeting of Committee members.
Policy
Meeting participants
The Committee meeting arrangements are set as follows. 1. Each member of the Committee is required to attend at
least 75% (seventy five percent) of meetings in one year.
Meeting Organizing Mechanism 2. Committee meetings may invite other Committees,
1. Committee meetings must be held periodically at least 1 Directors, Officers, and Employees of the Company or
(one) time in 3 (three) months. invitees from outside the Company.
2. Committee meetings may be held at any time at the 3. The Committee Meeting may invite the Management
request of 1 (one) or several Committee members by of Subsidiaries as proposed through the Integrated
stating the matters to be discussed. Governance Committee.
3. Committee meetings are held at the Company's domicile,
or another location within the territory of the Republic Meeting Chairman
of Indonesia or at the Company's place of business 1. The Committee meeting is chaired by the Committee
activities as determined by the Committee. Chairman
4. Committee meetings may be held online via 2. In case the Committee Chairperson is absent or prevented
teleconference or other electronic media that allows all from attending, which does not need to be proven to any
participants to communicate and interact in Committee party, the Committee meeting will be led by a Committee
meetings. member from the Board of Commissioners.
5. Committee meeting materials are available and delivered
to meeting participants no later than 5 (five) working Meeting Call
days before the meeting is held, unless the meeting is 1. The summons for the Committee meeting is made by the
held outside the meeting schedule, in which the meeting Committee Chairman.
materials can be delivered before the meeting is held. 2. In case the Chairman of the Committee is unable to
6. If necessary, the Committee may independently hold a attend, which does not need to be proven to anyone, the
Technical Meeting to conduct technical in-depth studies summons for the meeting may be made by a member
on the material to be discussed in the Committee Meeting of the Committee who is a member of the Board of
by inviting related parties. Commissioners.
PT Bank Rakyat Indonesia (Persero) Tbk. 725
Page 726
Corporate
Governance
3. The invitation to a Committee meeting must be submitted 2. The minutes of the Committee meeting are valid evidence
in writing, stating the agenda/event, date, time and place of the decisions taken at the meeting in question.
of the meeting. 3. The minutes of the meeting are prepared by the
4. In the event of a special situation or extraordinary Committee members who are Independent Parties who
conditions, the Committee may convene a meeting at are present at the meeting.
any time (less than 1 working day) either online or offline. 4. The minutes of the Committee meeting must be signed
by all members of the Committee present and submitted
Meeting Decision to all members of the Committee.
1. A meeting is valid and has the right to make binding 5. In case a Committee member does not sign the meeting
decisions if it is attended by at least 1/2 (one half) of the results, the person concerned is required to state the
committee members. reasons in writing in a separate letter attached to the
2. Recommendation decisions formulated in the Committee meeting minutes.
Meeting are taken based on deliberation to reach 6. If there is a difference of opinion (dissenting opinion) at
consensus. In the event that deliberation to reach the meeting, it must be stated clearly in the minutes of
consensus does not occur, decision making is carried the meeting and accompanied by the reasons for the
out based on majority votes. difference of opinion.
3. Each Committee member has 1 (one) vote and an 7. The minutes of the meeting are well documented by the
additional 1 (one) vote for each Committee member he/ Secretariat of the Board of Commissioners.
she legally represents at the meeting.
4. Committee members who are unable to attend may Follow-up to Meeting Results
submit opinions and provide voting rights in writing, 1. The results of the Committee meeting decisions are
signed, and submitted to the Committee Chairperson or conveyed in the Committee's Service Note to the
Commissioner leading the meeting. Such voting rights Board of Commissioners which contains opinions or
are considered valid and become part of the decision- recommendations or suggestions in order to assist in
making process at the meeting. carrying out the duties of the Board of Commissioners.
5. If the number of votes for and against is the same, then 2. The Committee's Service Note in point one above may
the decision making is postponed and reviewed. If after be accompanied by a draft of an outgoing letter from the
review, the number of votes agreeing and disagreeing is Board of Commissioners and/or an outgoing letter from
the same, then the decision making will be determined the Committee to the Board of Directors or Officials one
by the meeting leader. level below the Company's Board of Directors.
6. The meeting leader conveys conclusions and decisions 3. The Committee Service Note must be signed by the
at the end of each meeting. Committee Chair and all Committee members.
7. Every meeting decision is binding on all Committee 4. The letter from the Board of Commissioners is signed
members. in accordance with the procedures for correspondence
8. The Committee may also take valid decisions without regulated and determined by the Board of Commissioners,
holding a meeting, provided that all members of the while the letter from the Committee is signed by the
Board of Commissioners who are in office give their Committee Chairperson and Committee Members from
approval by signing in writing regarding the proposed the Board of Commissioners.
decision. 5. All outgoing letters from the Board of Commissioners
9. Each member of the Committee who personally, in any and/ or Committee must be recorded in the Letter
way, directly or indirectly, has an interest in a transaction, Register and managed by the Board of Commissioners
contract or proposed contract to which the Company Secretariat and stored by the Corporate Secretary
is a party must declare the nature of his interest at a Division.
Committee meeting and shall not be entitled to participate
in voting on matters relating to such transaction or
contract. Risk Management Monitoring Committee Meeting
Agenda
Minutes of Meetings
1. The results of the Committee meetings must be stated in Throughout 2025, the implementation dates, meeting
the minutes of the meeting. agendas, and participants of the Risk Management
Monitoring Committee meetings are as follows.
726 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Table of Risk Management Monitoring Committee Meeting Agenda
No Day & Date Agenda Meeting Participants
1 Tuesday, January 7, Internal Meeting to Clear Debt Collection 1. Nurmaria Sarosa
2025 2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
9. Cahyo Yuliarso
2 Tuesday, January 14, Update IT Strategic Plan & Architecture 1. Nurmaria Sarosa
2025 2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
9. Cahyo Yuliarso
3 Thursday, January 30, Update on the 2025 Share Buyback Plan 1. Nurmaria Sarosa
2025 2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
9. Cahyo Yuliarso
4 Tuesday, March 11, Discussion of Affiliate Transactions for Land 1. Nurmaria Sarosa
2025 Purchases 2. Rofikoh Rokhim
3. Heri Sunaryadi
4. Awan Nurmawan Nuh
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
5 Monday, April 21, 2025 Micro Segment Business Strategy Update 1. Parman Nataatmadja*
2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
6 Tuesday, April 22, 2025 Advanced Micro Segment Business Strategy Update 1. Parman Nataatmadja*
2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
7 Wednesday, May 14, Changes to the implementation policy of APU PPT 1. Parman Nataatmadja*
2025 PPPSPM 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
8 Tuesday, May 27, 2025 Update on the Strategy for Strengthening the Function 1. Parman Nataatmadja*
of the Regional Chief Executive Officer (RCEO) 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
9 Thursday, June 5, 2025 BRI's 2025 Wholesale and Institutional Business 1. Parman Nataatmadja*
Strategy Update 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
10 Tuesday, June 10, 2025 Commercial Banking Segment Business Strategy 1. Parman Nataatmadja*
Update 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
PT Bank Rakyat Indonesia (Persero) Tbk. 727
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Corporate
Governance
No Day & Date Agenda Meeting Participants
11 Tuesday, June 17, 2025 Consumer Banking Segment Business Strategy 1. Parman Nataatmadja*
Update 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
12 Tuesday, July 1, 2025 Operational Strategy Update 1. Parman Nataatmadja*
2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
13 Tuesday, July 15, 2025 Update IT Strategic Plan & Architecture; BRI 1. Parman Nataatmadja*
Application Governance & Security System 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
14 Monday, July 21, 2025 Implementation of AML, PPT, and PPPSPM Policies 1. Parman Nataatmadja*
for Semester 1, 2025 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
15 Monday, August 4, Technical Discussion of BRI's 2025 Risk Appetite 1. Parman Nataatmadja*
2025 Approval Application Revised 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
16 Tuesday, August 12, Credit Quality Deterioration Scenario Outlook 1. Parman Nataatmadja*
2025 2. Helvi Yuni Moraza*
3. Awan Nurmawan Nuh
4. Sandra Chalik
5. Cahyo Yuliarso
17 Tuesday, November 4, Micro Segment Stop and Go Mechanism 1. Parman Nataatmadja
2025 2. Helvi Yuni Moraza*
3. Kartika Wirjoatmodjo**
4. Awan Nurmawan Nuh
5. Sandra Chalik
18 Wednesday, November Discussion of the Proposed Adjustments to the 1. Parman Nataatmadja
19, 2025 Revised 2025-2027 RBB 2. Helvi Yuni Moraza*
3. Kartika Wirjoatmodjo**
4. Awan Nurmawan Nuh
5. Sandra Chalik
19 Monday, November 24, Technical Discussion on the Proposed Update of BRI's 1. Parman Nataatmadja
2025 2025 Recovery Plan 2. Helvi Yuni Moraza*
3. Kartika Wirjoatmodjo**
4. Awan Nurmawan Nuh
5. Sandra Chalik
20 Monday, November 24, Technical Discussion of BRI's 2026-2028 RBB 1. Parman Nataatmadja
2025 Proposal and BRI's 2026 RKAP 2. Helvi Yuni Moraza*
3. Kartika Wirjoatmodjo**
4. Awan Nurmawan Nuh
5. Sandra Chalik
21 Monday, November 24, Technical Discussion of BRI's 2026 RAKB Proposal 1. Parman Nataatmadja
2025 2. Helvi Yuni Moraza*
3. Kartika Wirjoatmodjo**
4. Awan Nurmawan Nuh
5. Sandra Chalik
22 Tuesday, December Market Risk and Liquidity Risk Update on Securities 1. Parman Nataatmadja
9, 2025 Management Activities 2. Helvi Yuni Moraza*
3. Kartika Wirjoatmodjo**
4. Awan Nurmawan Nuh
5. Sandra Chalik
23 Monday, December 22, Discussion on the Implementation of End-to-End 1. Parman Nataatmadja
2025 Business and Operational Risk Management in the 2. Helvi Yuni Moraza
Micro, Small, and Consumer Segments 3. Kartika Wirjoatmodjo
4. Awan Nurmawan Nuh
5. Sandra Chalik
728 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Day & Date Agenda Meeting Participants
24 Monday, December 29, Discussion of Prime Customer Service Policy 1. Parman Nataatmadja
2025 2. Helvi Yuni Moraza
3. Kartika Wirjoatmodjo
4. Awan Nurmawan Nuh
5. Sandra Chalik
*) Present as Observers: Parman Nataatmadja & Helvi Yuni Moraza appointed on March 24, 2025; Parman Nataatmadja fit and proper test on September 15, 2025, Helvi
Yuni Moraza fit and proper test on December 25, 2025
**) Newly joined SK KPMR as of November 3, 2025
Frequency and Attendance Rate of Risk Management Monitoring Committee Meetings
During 2025, the Risk Management Monitoring Committee held 24 (twenty-four) meetings. The frequency and level of
attendance of each Committee member are as follows.
Risk Management Monitoring Committee Meeting Attendance Rate Table
Period from January 1, 2025 to April 15, 2025
Risk Management Monitoring Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Nurmaria Sarosa Chairman/Independent 4 4 100%
Commissioner
Rofikoh Rokhim Member/Independent 4 4 100%
Commissioner
Rabin Indrajad Hattari Member/Independent 3 3 100%
Commissioner
Heri Sunaryadi Member/Independent 4 4 100%
Commissioner
Awan Nurmawan Nuh Member/Independent 4 3 75%
Commissioner
Haryo Baskoro Wicaksono Member/Independent 4 4 100%
Commissioner
Sandra Chalik Member/Independent Party 4 4 100%
Cahyo Yuliarso Member/Independent Party 4 4 100%
A. Sigid Sudahno Member/Independent Party 4 4 100%
Period from April 15, 2025 to November 3, 2025
Risk Management Monitoring Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Parman Nataatmadja1 Chairman/Deputy President - - -
Commissioner/Independent
Commissioner
Awan Nurmawan Nuh Member/Commissioner 12 12 100%
Helvi Yuni Moraza 2
Member/Commissioner - - -
Sandra Chalik Member/Independent Party 12 12 100%
Cahyo Yuliarso Member/Independent Party 12 12 100%
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on September 15, 2025
1
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on December 19, 2025
2
PT Bank Rakyat Indonesia (Persero) Tbk. 729
Page 730
Corporate
Governance
Period from November 3, 2025 to December 31, 2025
Risk Management Monitoring Committee Meeting
Name Position Attendance Number and Percentage
Number of Meetings Number of Attendance Percentage
Parman Nataatmadja 1
Chairman/Deputy President 8 8 100%
Commissioner/Independent Commissioner
Kartika Wirjoatmodjo Member/President Commissioner 8 8 100%
Awan Nurmawan Nuh2 Member/Commissioner 8 8 100%
Helvi Yuni Moraza Member/Commissioner 2 2 100%
Sandra Chalik Member/Independent Party 8 8 100%
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on September 15, 2025
1
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on December 19, 2025
2
Risk Management Monitoring Committee Competence Improvement Program
Period from January 1, 2025 to April 15, 2025
Types of Training and
Time and Place
Name Position Development Materials Organizer
Implementation
Competence/Training
Nurmaria Sarosa Chairman/Independent Education and/or Training can be seen in the education and/or training section of the
Commissioner Members of the Board of Commissioners
Rofikoh Rokhim Member/Independent Education and/or Training can be seen in the education and/or training section of the
Commissioner Members of the Board of Commissioners
Rabin Indrajad Hattari Member/Commissioner Education and/or Training can be seen in the education and/or training section of the
Members of the Board of Commissioners
Heri Sunaryadi Member/Independent Education and/or Training can be seen in the education and/or training section of the
Commissioner Members of the Board of Commissioners
Awan Nurmawan Nuh Member/Commissioner Education and/or Training can be seen in the education and/or training section of the
Members of the Board of Commissioners
Haryo Baskoro Member/Independent Education and/or Training can be seen in the education and/or training section of the
Wicaksono Commissioner Members of the Board of Commissioners
Sandra Chalik Member/Independent Internal Audit Medan, August 26- IIA Indonesia National
Party 27, 2025 Conference
Risk Management Certification Jakarta, November Corporate University
Refreshment Level 7 10, 2025
Cahyo Yuliarso Member/Independent Medan, August 26- IIA Indonesia National
Internal Audit
Party 27, 2025 Conference
Risk Management Certification Jakarta, March 3,
Corporate University
Refreshment Level 6 2025
A. Sigid Sudahno Member/Independent - - -
Party
Period from April 15, 2025 to November 3, 2025
Types of Training and
Time and Place
Name Position Development Materials Organizer
Implementation
Competence/Training
Parman Nataatmadja Chairman/Deputy President
Education and/or Training can be seen in the education and/or training
Commissioner/Independent
section of the Members of the Board of Commissioners
Commissioner
Awan Nurmawan Member/Commissioner Education and/or Training can be seen in the education and/or training
Nuh section of the Members of the Board of Commissioners
Helvi Yuni Moraza Member/Commissioner Education and/or Training can be seen in the education and/or training
section of the Members of the Board of Commissioners
Sandra Chalik Member/Independent Party Internal Audit Medan, August IIA Indonesia National
26-27, 2025 Conference
Risk Management Jakarta, November Corporate University
Certification Refreshment 10, 2025
Level 7
730 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 731
Annual Report
2025
Types of Training and
Time and Place
Name Position Development Materials Organizer
Implementation
Competence/Training
Cahyo Yuliarso Member/Independent Party Medan, August IIA Indonesia National
Internal Audit
26-27, 2025 Conference
Risk Management
Jakarta, March 3,
Certification Refreshment Corporate University
2025
Level 6
Period from November 3, 2025 to December 31, 2025
Types of Training and
Time and Place
Name Position Development Materials Organizer
Implementation
Competence/Training
Parman Nataatmadja Chairman/Deputy President
Education and/or Training can be seen in the education and/or training section of
Commissioner/Independent
the Members of the Board of Commissioners
Commissioner
Kartika Wirjoatmodjo Member/President Education and/or Training can be seen in the education and/or training section of
Commissioner the Members of the Board of Commissioners
Awan Nurmawan Nuh Member/Commissioner Education and/or Training can be seen in the education and/or training section of
the Members of the Board of Commissioners
Helvi Yuni Moraza Member/Commissioner Education and/or Training can be seen in the education and/or training section of
the Members of the Board of Commissioners
Sandra Chalik Member/Independent Party Internal Audit Medan, August 26-27, IIA Indonesia National
2025 Conference
Risk Management Certification Jakarta, November 10, Corporate University
Refreshment Level 7 2025
Management Risk Monitoring Committee Income
Remuneration for committee members from the Board of Commissioners is included in the Board of Commissioners'
honorarium, and there is no special honorarium for each member of the Committee. The honorarium for Committee members
from independent parties (non-commissioners) is determined by the Board of Commissioners, with a maximum of 20% of the
President Director's salary, and no other income is provided apart from the honorarium. This is in accordance with the provisions
of the Minister of SOEs Regulation Number PER-12.MBU/2012 dated August 12, 2012, regarding the Supporting Organs of the
Board of Commissioners.
Work Program and Duties Implementation of The Risk Management Monitoring Committee In 2025
The implementation of the Committee's activities in 2025 is as follows:
Duties and responsibilities Implementation
No Activity Agenda
Scope Day, Date
1 Opinion/Recommendation and/ Review of proposed Tuesday, April 8, Approval of changes to the BOD-1
or approval of Risk Management amendments/ 2025 organizational structure
Policy and Other Policies improvements to the
Risk Management Policy, Tuesday, May 27, Update on the Strategy for Strengthening
Corporate Governance 2025 the Regional Chief Executive Officer (RCEO)
Policy, Compliance Function
Function Implementation
Guidelines, and Other Tuesday, October Evaluation of Governance, Policies, and SOP
Policies 21, 2025 in the Procurement of Goods and Services
Process
Tuesday, November Stop and Go Mechanism for the Micro
04, 2025 Segment
Monday, December Discussion on the Excellent Customer
29, 2025 Service Policy
PT Bank Rakyat Indonesia (Persero) Tbk. 731
Page 732
Corporate
Governance
Duties and responsibilities Implementation
No Activity Agenda
Scope Day, Date
Approval of the Company’s Monday, February Discussion on the Adjustment of Bank BRI’s
Business Plan and the 17, 2025 Business Plan 2025–2027
Company’s Annual Work
Plan and Budget, as Wednesday, Discussion on the Proposed Adjustment to
well as Review of Their November 19, 2025 the Revised 2025–2027 Bank Business Plan
Realization (RBB)
Monday, November Technical Discussion on the Proposed BRI
24, 2025 Bank Business Plan (RBB) 2026–2028 and
BRI 2026 Annual Work Plan and Budget
(RKAP)
Review of the Proposed Monday, February Discussion on the Revision and Update of
Recovery Plan and Its 17, 2025 the 2024–2025 Recovery Plan
Updates
Monday, February Approval of the Revised Update of BRI’s
17, 2025 2024–2025 Recovery Plan
Monday, February Technical Discussion on the Proposed
24, 2025 Update of BRI’s 2025 Recovery Plan
Tuesday, November Approval of the Update of BRI’s 2025
25, 2025 Recovery Plan
Review of the Tuesday, July 22, Approval of the Revised 2025 BRI Risk
Determination and 2025 Appetite Statement
Implementation of the Risk
Appetite Statement Monday, August 4, Technical Discussion on the Request for
2025 Approval of the Revised 2025 BRI Risk
Appetite
Review and Evaluation Monday, November Technical Discussion on the Proposed 2026
of the Implementation of 24, 2025 BRI Bank Business Plan (RAKB)
Sustainable Finance
2 Review and Evaluation of the Review and Evaluation Tuesday, January Fourth Quarter 2024 Risk Profile and
Bank’s Soundness Level and of the Bank’s Soundness 21, 2025 Second Semester 2024 Bank Soundness
Risk Profile Level and Risk Profile Level
Tuesday, April 29, First Quarter 2025 Risk Profile
2025
Tuesday, June 17, Review of Liquidity Risk Management and
2025 Treasury Balance Sheet Structure
Tuesday, July 22, Second Quarter 2025 Risk Profile, First
2025 Semester 2025 Bank Soundness Level, and
First Semester 2025 Anti-Fraud Strategy
Tuesday, October Third Quarter 2025 Risk Profile
28, 2025
Tuesday, December Market Risk and Liquidity Risk Update
9, 2025
3 Evaluation of the Implementation Evaluation of the Monday, January Mandatory report & Monitoring, Discussion
of Duties of the Risk Implementation of Duties 20, 2025 of Risk Issues, Recommendations and RMC
Management Committee (RMC) of the Risk Management decisions
and the Risk Management Work Committee (RMC) and the
Unit (SKMR) Risk Management Work
Unit (SKMR)
4 Evaluation of Anti Fraud Evaluation of Anti Fraud Tuesday, February Implementation of the Anti-Fraud Strategy
Strategy Implementation Strategy Implementation 11, 2025 for the Second Semester of 2024
5 Review and Evaluation of the Review and Evaluation Tuesday, February Implementation of BRI’s Anti-Money
Report on the Implementation of the Report on the 11, 2025 Laundering (AML) and Counter-Terrorism
of the Anti-Money Laundering Implementation of the Financing (CTF) Policies for the Second
(AML), Counter-Terrorism Anti-Money Laundering Semester of 2024
Financing (CTF), and Prevention (AML), Counter-Terrorism
of Financing of Proliferation of Financing (CTF), and Wednesday, May 14, Amendment to the Policy on the
Weapons of Mass Destruction Prevention of Financing of 2025 Implementation of AML, CTF, and Prevention
(PFWMD) Proliferation of Weapons of Financing of Proliferation of Weapons of
of Mass Destruction Mass Destruction (PFWMD)
(PFWMD) Programs
Tuesday, May 27, Request for Approval of Amendments to the
2025 Anti-Money Laundering (AML), Counter-
Terrorism Financing (CTF), and Prevention
of Financing of Proliferation of Weapons of
Mass Destruction (PFWMD) Policies
732 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Duties and responsibilities Implementation
No Activity Agenda
Scope Day, Date
Monday, July 21, Implementation of AML, CTF, and PFWMD
2025 Policies for the First Semester of 2025
Tuesday, July 22, Implementation of AML, CTF, and PFWMD
2025 Policies for the First Semester of 2025
6 Credit Consultation from the Credit Consultation Tuesday, Januar 14, Credit Consultation
Board of Directors to the Board from the Board of 2025
of Commissioners Directors to the Board of
Commissioners Thursday, June 5, Credit Consultation
2025
Tuesday, July 1, Credit Consultation
2025
Tuesday, August 19, Credit Consultation
2025
Tuesday, October Credit Consultation
14, 2025
Tuesday, November Credit Consultation
11, 2025
Tuesday, November Credit Consultation
18, 2025
Tuesday, December Credit Consultation
2, 2025
7 Approval for the Provision of Approval for the Provision - -
Facilities/ Provision of Funds to of Facilities/ Provision of
Subsidiaries/ Related Parties1 Funds to Subsidiaries/
Related Parties
8 Strategic Discussion and Review Review of Business Monday, April 21, Update on the Micro Segment Business
of Specific Thematic Issues Strategy and Enablers 2025 Strategy
Tuesday, April 22, Update on the Micro Segment Business
2025 Strategy
Thursday, Juni 5, Update on the wholesale and institutional
2025 Business Strategy
Tuesday, June 10, Update on the Commercial Segment
2025 Business Strategy
Tuesday, June 17, Update on the Cosumer Segment Business
2025 Strategy
Tuesday, July 1, Update on the Operational strategy
2025
Tuesday, September Update on the Funding Transactions &
09, 2025 Distribution strategy
Thursday, January Update on the 2025 Share Buyback Plan
30, 2025
Tuesday, July 15, Update on Overseas Network (UKLN)
2025 Performance
Tuesday, November Risk Management Governance in the Legal
18, 2025 Sector and Handling of BRI Legal Cases
Monday, December Profit and Loss Performance by Segment
15, 2025 and Product
Monday, December Discussion on the End-to-End
22, 2025 Implementation of Risk Management in
Business and Operational Lines within the
Micro, Small, and Consumer Segments
Review and Evaluation Tuesday, January Update on the IT Strategic Plan and
of the Report on the 14, 2025 Architecture
Implementation of
Risk Management in IT Tuesday, July 15, Update on the IT Strategic Plan and
Utilization and the IT 2025 Architecture, Governance, and BRI
Strategic Plan Application Security Systems
PT Bank Rakyat Indonesia (Persero) Tbk. 733
Page 734
Corporate
Governance
Duties and responsibilities Implementation
No Activity Agenda
Scope Day, Date
Review and Evaluation Tuesday, January Internal Meeting on Loan Write-Offs
of the Earning Assets 7, 2025
Portfolio
Tuesday, March 11, Discussion on the Affiliated Transaction for
2025 the Purchase of Land Owned by PT SHS and
PT PPI
Tuesday, August 12, Outlook on Credit Quality Deterioration
2025 Scenarios
Monday, December Increase and Exceedance of Credit Authority
15, 2025 Limits (PH) in 2025; Handling and Impact of
Disasters on NPL
Update on High-Exposure Tuesday, November Update on the Top 50 Debtors with High-
Debtors in the Corporate 11, 2025 Risk Exposure
Segment
1) There are no proposals from the Board of Directors regarding funding facilities to Subsidiaries/Related Parties.
Integrated Governance Committee
The Integrated Governance Committee (IGC) is one of the committees that assists the Board of Commissioners and has the
duties and responsibilities in evaluating and ensuring that the implementation of governance is in accordance with the principles
of GCG in the Company’s financial conglomerates.
Legal Basis of Integrated Governance Committee
1. OJK Regulation Number 18/ POJK.03/2014 dated November 18, 2014, concerning the Implementation of Integrated
Governance for Financial Conglomerates and Financial Services Authority Regulation Number 17/ POJK.03/2014 dated
November 19, 2014 concerning Implementation of Integrated Risk Management for Financial Conglomerates
2. OJK Regulation no. 33/POJK.4/2014 dated December 8, 2014, concerning Directors and Board of Commissioners of Issuers
or Public Companies.
3. OJK Regulation Number 17 of 2023 dated September 14, 2023, concerning Implementation of Governance for Commercial Banks.
4. The OJK Regulation Circular Letter Number 14/ SEOJK.03/2015 dated May 25, 2015, concerning the Implementation of
Integrated Risk Management for Financial Conglomerates.
5. The OJK Regulation Circular Letter Number 15/ SEOJK.03/2015 dated May 25, 2015, concerning the Implementation of
Integrated Governance for Financial Conglomerates.
6. OJK Circular Letter Number 14/SEOJK.03/2025 dated June 24, 2025, concerning Implementation of Governance for
Commercial Banks.
7. Minister of State-Owned Enterprises Regulation No. PER-2/ MBU/03/2023 dated March 3, 2023, concerning Guidelines for
Governance and Significant Corporate Activities of StateOwned Enterprises.
8. Minister of State-Owned Enterprises Regulation No. PER-3/ MBU/03/2023 dated March 20, 2023, concerning Organs and
Human Resources of State-Owned Enterprises.
9. Articles of Association of PT. Bank Rakyat Indonesia (Persero) Tbk. along with its changes.
10. Financial Service Authority (OJK) Circular Letter No. 014/SEOJK.03/2015 concerning the Implementation of Integrated Risk
Management for Financial Conglomerates.
11. Financial Services Authority (OJK) Circular Letter No. 15/SEOJK.03/2015 concerning the Implementation of Integrated
Governance for Financial Conglomerates.
12. Regulation of the Minister of State-Owned Enterprises No. PER-11/MBU/07/2021 concerning the Requirements, Procedures
for Appointment, and Dismissal of Members of the Board of Directors of State-Owned Enterprises.
13. Financial Services Authority Regulation (POJK) No.17 of 2023 dated September 14, 2023, concerning the Implementation of
Governance for Commercial Banks.
14. Regulation of the Minister of State-Owned Enterprises No. PER-2/MBU/03/2023 dated March 3, 2023, concerning Guidelines
on Governance and Significant Corporate Actions of State-Owned Enterprises.
15. Regulation of the Minister of State-Owned Enterprises No. PER-3/MBU/03/2023 dated March 20, 2023, concerning the
Organs and Human Resources of State-Owned Enterprises.
16. POJK No. 30 of 2024 dated December 19, 2024, concerning Financial Conglomerates and Financial Conglomerate Holding
Companies.
734 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 735
Annual Report
2025
Integrated Governance Committee Charter
The Integrated Governance Committee has an Integrated Governance Committee Charter ratified through the Decree of
the BRI Board of Commissioners Number 07-KOM/BRI/05/2024 dated May 28, 2024, concerning the Guidelines and Work
Procedures of the Integrated Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk. The Integrated Governance
Committee Charter is a reference for Integrated Governance in carrying out its duties effectively. The Charter is a guideline
and work procedure for the Integrated Governance Committee in carrying out its duties to assist the Board of Commissioners
in actively supervising the implementation of governance in accordance with the principles of GCG in the Company's financial
conglomerate.
The contents of the Integrated Governance Committee Charter include:
Chapter Contents
Chapter I Introduction
1.1 Legal Basis
1.2 General Definition
Chapter II Company Values, Organizational Structure, and Code of Ethics
1.1 Company Values
1.2 Organizational Structure and Membership
1.3 Code of Ethics
Chapter III Guidelines and Work Procedures of Integrated Governance Committee
1.1 Goals, Authorities, Duties and Responsibilities
1.2 Appointment of Committee Members, Term of Office, and Working Time
1.3 Meetings
1.4 Reports
1.5 Communication Protocol
1.6 Correspondence Mechanism
Chapter IV Closing
Appointment and Dismissal of the Integrated Governance Committee
The Integrated Governance Committee is appointed and dismissed by the Board of Commissioners and is accountable to them.
During the year 2025, the positions of Chairperson and Members of the Integrated Governance Committee were established
through the following:
1. Board of Commissioners Decree Number 15-KOM/BRI/11/2024, dated November 11, 2024, the Composition of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
2. Board of Commissioners Decree Number 06-KOM/BRI/04/2025, dated April 15, 2025, the Composition of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
3. Board of Commissioners Decree Number 11-KOM/BRI/11/2025, dated November 3, 2025, the Composition of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Duties and Responsibilities of Integrated Governance Committee
The Integrated Governance Committee assists the Board of Commissioners to carry out its duties and responsibilities in
evaluating and ensuring comprehensive and effective governance by implementing the principles of transparency, accountability,
responsibility, independence, or professionalism, and fairness in an integrated manner within the Financial Conglomeration.
The Committee is tasked with assisting the Board of Commissioners in carrying out supervisory duties concerning:
1. Conduct an evaluation of Integrated Governance policies;
2. Conduct monitoring and evaluation of BRI or its Subsidiary Company’s compliance with Integrated Governance policies;
3. Conduct an evaluation of the implementation of Integrated Governance, at least through an assessment of the adequacy of
internal control and the implementation of integrated compliance functions;
4. Provide recommendations to the Board of Commissioners/ Supervisory Board for the improvement of Integrated Governance
policies;
5. Conduct communication with business units for functions including Internal Audit, legal and compliance, finance and
Risk Management, human resources, and aspects of operational business functions as required, to obtain information,
clarification, and request reports as required in an integrated manner;
PT Bank Rakyat Indonesia (Persero) Tbk. 735
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6. Carry out monitoring and evaluation of the implementation of other Integrated Governance functions in accordance with the
provisions of laws and regulations, articles of association, and/or GMS/Ministerial Decisions; and
7. Carry out other authorities, duties, and responsibilities related to its functions.
Authority of Integrated Governance Committee
The Board of Commissioners grants authority to the Committee within the scope of the Committee’s responsibilities to:
1. Obtain data and information support from the Management of the Main Entity and/or Subsidiary Entities for matters related
to the implementation of its duties.
2. Obtain input regarding the implementation of Integrated Governance, at a minimum covering the implementation of risk
management, internal control, and the compliance function from members of the financial conglomeration, through
discussion forums and/or meetings at the technical level.
3. Conduct communication with business units for functions including Audit, Compliance, Finance, Risk Management, Human
Resources, and Operational Function Aspects of the business as needed, to obtain information and clarification and request
reports as needed in an integrated manner.
4. Obtain input and advice from external professionals outside the Company in relation to the performance of its duties.
5. Provide opinions and recommendations to the Board of Commissioners of the Main Entity to enhance the internal control
function, compliance function, and the implementation of integrated risk management.
6. Carry out other authorities granted by the Board of Commissioners as long as they do not conflict with applicable laws and
regulations.
Integrated Governance Committee Term of Office
The term of office of members of the Integrated Governance Committee may not be longer than the term of office of the Board
of Commissioners as regulated in the Company’s Articles of Association and can only be re-elected for 1 (one) subsequent
period, without prejudice to the Board of Commissioners’ right to dismiss them at any time.
Structure, Membership and Expertise of The Integrated Governance Committee
The Committee is under the coordination of the main entity Board of Commissioners and is structurally responsible to the
Main Entity Board of Commissioners. The Committee is led by an Independent Commissioner who serves as Chairman in one
of BRI committees. To carry out daily tasks, the Committee could be assisted by the Staff and/or Secretary of the Integrated
Governance Committee, who may come from the Bank’s internal and external circles.
The membership of the Integrated Governance Committee is regulated as follows:
1. Committee members consist of at least one Commissioner from each member of the BRI financial conglomerate, an independent
party and a member of the Sharia Supervisory Board.
2. Members of the Committee shall at least consist of:
a. An Independent Commissioner from the Main Entity as chairman concurrently a member;
b. Independent Commissioner of each member of the BRI Financial Conglomerate as a member;
c. An Independent Party that has expertise according to the needs of the Integrated Governance Committee;
d. Member of the Sharia Supervisory Board of BRI Syariah as a member;
e. The number and composition of Independent Commissioners who were members of the Integrated Governance
Committee are adjusted to the needs of the Financial Conglomerate and the efficiency and effectiveness of the
implementation of the duties of the Integrated Governance Committee by considering at least the representation of
each financial services sector.
Period from January 1, 2025 to April 14, 2025
No. Name Position Expertise Description
1 Paripurna Poerwoko Sugarda Chairman Law, Social Politics, Management Independent Commissioner
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management President Commissioner
3 Rofikoh Rokhim Member Finance, Economics, Management, Vice President Commissioner/ Independent
Accounting
4 Dwi Ria Latifa Member Law, Social Politics, Regulation Independent Commissioner
736 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No. Name Position Expertise Description
5 Heri Sunaryadi Member Capital Market, Technology, Independent Commissioner
Management
6 Haryo Baskoro Wicaksono Member Governance, Risk, and Compliance Independent Commissioner
(GRC), Management
7 Tedi Nurhikmat Member Banking, Risk Management Independent Party
8 Tjondro Prabowo Member Banking, Pension Fund Independent Party
9 Maria Ulpah Member Finance, Risk Management Independent Party
10 Johanes Kuntjoro Member Banking, Management Independent Commissioner of
Adisardjono PT Bank Raya Indonesia
11 Ayahanita K. Member Audit, Law Independent Commissioner of
PT BRI Asuransi Indonesia
12 Abdul Ghoni Member Sharia, Management Sharia Supervisory Board of
PT BRI Asuransi Indonesia
13 Eko Wahyudi Member Banking, Management Independent Commissioner of
PT Asuransi BRI Life
14 Mohammad Hidayat Member Law, Sharia Sharia Supervisory Board of
PT Asuransi BRI Life
15 Donsuwan Simatupang Member Investment Banking, Economics Independent Commissioner of
PT BRI Danareksa Sekuritas
16 Diah Defawati Ade Member Social Politics, Management Independent Commissioner of
PT BRI Multifinance Indonesia
17 Agoosh Yosran Member Business, Management Independent Commissioner of
PT BRI Ventura Investama
18 Yudi Priambodo Purnomo Sidi Member Economics, Management Independent Commissioner of PT Pegadaian
19 Muhammad Cholil Nafis Member Sharia, Management Sharia Supervisory Board of PT Pegadaian
20 Nurhaida Member Banking, Management Independent Commissioner of
PT Permodalan Nasional Madani
21 Kahlil Rowter Member Economics, Management Independent Commissioner of
PT Danareksa Invesment Management
Period from April 15, 2025 to November 2, 2025
No. Name Position Expertise Description
1 Lukmanul Khakim Chairman Law, Business Administration, Independent Commissione
Risk Management, GRC
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk President Commissioner
Management
3 Edi Susianto Member Finance, Economic, Risk Independent Commissioner
Management, Accounting
4 Tedi Nurhikmat Member Banking, Risk Management Independent Party
5 Tjondro Prabowo Member Banking, Pension Fund Independent Party
6 Donny Himawan Member Audit, Banking, Management Independent Party
7 Johanes Kuntjoro Adisardjono Member Banking, Management Independent Commissioner of PT Bank Raya
Indonesia
8 Ayahanita K. Member Audit, Law Independent Commissioner of PT BRI Asuransi
Indonesia
9 Abdul Ghoni Member Sharia, Management Sharia Supervisory Board of PT BRI Asuransi
Indonesia
10 Eko Wahyudi Member Banking, Management Independent Commissioner of PT Asuransi BRI Life
11 Mohammad Hidayat Member Law, Sharia Sharia Supervisory Board of PT Asuransi BRI Life
PT Bank Rakyat Indonesia (Persero) Tbk. 737
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Governance
No. Name Position Expertise Description
12 Donsuwan Simatupang Member Investment Banking, Economics Independent Commissioner of PT BRI Danareksa
Sekuritas
13 Diah Defawati Ade Member Social Politics, Management Independent Commissioner of PT BRI Multifinance
Indonesia
14 Agoosh Yosran Member Business, Management Independent Commissioner of PT BRI Ventura
Investama
15 Yudi Priambodo Purnomo Sidi Member Economics, Management Independent Commissioner of PT Pegadaian
16 Muhammad Cholil Nafis Member Sharia, Management Sharia Supervisory Board of PT Pegadaian
17 Nurhaida Member Banking, Management Independent Commissioner of PT Permodalan
Nasional Madani
18 Kahlil Rowter Member Economics, Management Independent Commissioner of PT Danareksa
Invesment Management
Period from November 3, 2025 to December 31, 2025
No. Name Position Expertise Description
1 Lukmanul Khakim Member Law, Business Administration, Independent Commissioner
Risk Management, GRC
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk President Commissioner
Management
3 Edi Susianto Member Finance, Economic, Risk Independent Commissioner
Management, Accounting
4 Tjondro Prabowo Member Banking, Pension Fund Independent Party
5 Donny Himawan Member Audit, Banking, Management Independent Party
6 Yoyok Mulawarman Member Audit, Banking, Management Independent Party
7 Johanes Kuntjoro Adisardjono Member Banking, Management Independent Commissioner of PT Bank Raya
Indonesia
8 Benny Imam Syafii Member Banking, Management Independent Commissioner of PT BRI Asuransi
Indonesia
9 Abdul Ghoni Member Sharia, Management Sharia Supervisory Board of PT BRI Asuransi
Indonesia
10 Hari Siaga Amijarso Member Banking, Audit, Management Independent Commissioner of PT Asuransi BRI Life
11 Mohammad Hidayat Member Law, Sharia Sharia Supervisory Board of PT Asuransi BRI Life
12 Donsuwan Simatupang Member Investment Banking, Economics Independent Commissioner of PT BRI Danareksa
Sekuritas
13 Diah Defawati Ade Member Social Politics, Management Independent Commissioner of PT BRI Multifinance
Indonesia
14 Agoosh Yosran Member Business, Management Independent Commissioner of PT BRI Ventura
Investama
15 Martina Member Communication, Management Independent Commissioner of PT Pegadaian
16 Muhammad Cholil Nafis Member Sharia, Management Sharia Supervisory Board of PT Pegadaian
17 Nurhaida Member Banking, Management Independent Commissioner of PT Permodalan
Nasional Madani
18 Kahlil Rowter Member Economics, Management Independent Commissioner of PT Danareksa
Invesment Management
738 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Profile of Integrated Governance Committee
The profiles of the Integrated Governance Committee Members as of December 31, 2025 are as follows:
Lukmanul Khakim Kartika Wirjoatmodjo
Chairman/Independent Commissioner Member/President Commissioner
The profile can be seen in the Board of Commissioners section The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period The period and term of office have been attached to the period
and the term of office of the Board of Commissioners and the term of office of the Board of Commissioners
Edi Susianto
Member/Independent Commissioner
The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period
and the term of office of the Board of Commissioners
Place and Year of Birth/Age
born in Jakarta in 1965. Age 60 years as of December 2025.
Educational Background
- Bachelor of Agricultural Socioeconomics, Bogor Agricultural University (1989)
- Master of Management – Financial Management, University of Indonesia (2003)
Work Experience
- Member of Integrated Governance Committee / Independent Party of BRI (2024 – present)
- Director of Administration of Pelni Pension Fund, (2023)
- EVP Investments Services PT Bank Rakyat Indonesia (Persero) Tbk, (2020)
- VP Custodian Bank and Trust & Corporate Services PT Bank Rakyat Indonesia (Persero)
Tbk, (2018)
Tjondro Prabowo - VP Asset Liability Management PT Bank Rakyat Indonesia (Persero) Tbk, (2017)
Member of Integrated Governance
Committee/ Independent Party of BRI Certification
- Certified Wealth Manager
- Assessment Center Assessor Certification
Citizenship
- Basic Knowledge Certificate in Pension Funds
Indonesian citizen
Legal Basis for Appointment
Domicile
1. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
Jakarta September 7, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
2. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024 dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025 dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025 dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
September 07, 2024 – present
Concurrent Positions
None
PT Bank Rakyat Indonesia (Persero) Tbk. 739
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Corporate
Governance
Place and Year of Birth/Age
Born in Jombang, June 30, 1966. Age 59 years old.
Educational Background
- Bachelor of Animal Husbandry, Brawijaya University (1990)
- Master of Management, Finance, Airlangga University (1999)
Work Experience
- Head of Internal Audit Region BRI Jakarta 2 (2022)
- Head of Internal Audit Region BRI Bandung (2021)
- Head of Internal Audit Region BRI Denpasar (2020)
- Head of Internal Audit Region BRI Palembang (2019)
- Deputy Head of Internal Audit Region BRI Jakarta 2 (2019)
Donny Himawan - Deputy Head of Internal Audit Region BRI Lampung (2018)
Member of the Integrated Governance - Deputy Head of Internal Audit Region BRI Medan (2017)
Committee / Independent Party - Deputy Head of BRI Service Fund Division (2015)
- Deputy Head of Business Region BRI Makassar (2013)
- Deputy Head of Internal Audit Region BRI Makassar (2012)
Citizenship
Certification
Indonesian citizen
- Risk Management Certification Level 6 PSP, LSPP
Domicile
- Certified Wealth Management (CWM) Certification
Yogyakarta - Qualified Internal Audit (QIA) Certification
Legal Basis for Appointment
1. BRI Board of Directors Decree Number 1786-DIR/HBS/09/2024 dated September 9, 2024,
concerning the Determination of the Chairman and Members of the Audit Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
2. BRI Board of Directors Decree Number 06-KOM/BRI/04/2025, dated April 15, 2025,
concerning the Determination of the Chairman and Members of the Audit Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
3. BRI Board of Directors Decree Number 11-KOM/BRI/11/2025, dated November 3, 2025,
concerning the Determination of the Chairman and Members of the Audit Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
September 9 – present
Concurrent Positions
None
Place and Year of Birth/Age
Born in Malang, August 11, 1967. Age 58 years as of December 2025.
Educational Background
- Bachelor of Business Adiministration, Brawijaya University (1986-1991)
- Master of Management, Diponegoro University (2019-2021)
Work Experience
- Head of Audit Intern, Regional Audit Office Jakarta 3 BRI (2020)
- Head of Audit Intern, Regional Audit Office Semarang BRI (2019)
- Head of Audit Intern, Regional Audit Office Palembang BRI (2019)
- Head of Marketing Communication Division BRI (2018)
- Deputy Regional Manager, Business Division 1, Denpasar Regional Office (2017)
- Deputy Head of Audit, Palembang & Lampung Regional Audit Office (2014)
Yoyok Mulawarman
Certification
Member of Integrated Governance
Committee - General Banking Certification Level 3 – Banking Professional Certification Institute (2022)
- Certified Forensic Auditor (CFrA) - Forensic Auditor Professional Certification Institute (2020)
- Bank Risk Management Certification Level 4 - Banking Professional Certification Institute (2019)
Citizenship - Certified Wealth Manager (CWM) - The Certified Wealth Managers Association (2019)
- Qualified Internal Auditor Certification (QiA) - Qualified Internal Auditor Certification Board (2016)
Indonesian citizen
Legal Basis for Appointment
Domicile
Decree of the BRI Board of Commissioners 11-KOM/BRI/11/2025, dated 3 November 2025,
Tangerang concerning the Composition of Membership of the Integrated Governance Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
November 03, 2025 – present
Concurrent Positions
None
740 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 741
Annual Report
2025
Place and Year of Birth/Age
Born in Surakarta in 1964. Age 61 years as of December 2025.
Educational Background
- Bachelor of Economics Accounting University of Indonesia (1988)
- Master of Agribusiness University of Bogor Agricultural Institute (1999)
Work Experience
- Independent Commissioner of PT Bank Raya Indonesia Tbk (2023-present)
- Expert Staff of PT Siaga Abdi Utama (2022)
- Head of Compliance Division of PT Bank Rakyat Indonesia (Persero) Tbk (2019)
- Acting Head of Compliance Division of PT Bank Rakyat Indonesia (Persero) Tbk (2019)
Johanes Kuntjoro Adisardjono - Finance Director of PT Bahana Artha Ventura (BAV) (2018)
Member of the Integrated Governance
Certification
Committee / Independent Commissioner of
PT Bank Raya Indonesia Tbk - KKNI Certification Qualification 6 Banking Risk Management Fields
- Qualified Internal Auditor (QIA) Certification
- Risk Management Certification Qualification 6
Citizenship
- Banking Compliance Certification (Officer level)
Indonesian citizen - Competency Assessor Certification - Compliance Manager Assessor Certification
- Indonesian Institute of Accountants Certification
Domicile
Legal Basis for Appointment
Jakarta
1. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
September 7, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
2. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024, dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025, dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025, dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
September 07, 2024 – present
Concurrent Positions
None
Place and Year of Birth/Age
Born in Surabaya, July 19, 1966. Age 59 years as of December 2025.
Educational Background
- Bachelor’s Degree (S1) in Soil Science - Faculty of Agriculture - Brawijaya University –
(1990)
- Master of Management - Gadjah Mada University – (2008)
Work Experience
- Project Consultant, PT Prima Karya Sarana Sejahtera (2023)
- Project Consultant, PT Brilian Indah Gemilang (2023)
- Division Head Operational Risk Management BRI (2021)
Benny Imam Syafii - Executive Vice President Digital & Operation Risk Management Division BRI (2020)
Member of Integrated Governance
Certification
Committee/Independent Commissioner of
BRI Insurance Qualified Risk Governance Professional (QRGP)
Legal Basis for Appointment
Citizenship
Decree of the BRI Board of Commissioners 11-KOM/BRI/11/2025, dated 3 November 2025,
Indonesian citizen concerning the Composition of Membership of the Integrated Governance Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
Domicile
Term of Office
South Jakarta
Period I
Serving Duration
November 03, 2025 – present
Concurrent Positions
None
PT Bank Rakyat Indonesia (Persero) Tbk. 741
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Corporate
Governance
Place and Year of Birth/Age
Born in Tanjungkarang in 1977. Age 48 years as of December 2025.
Educational Background
- Bachelor of Accounting, STIE Bhakti Pembangunan (2002)
- Master of Management, Mercubuana University (2015)
- Doctor of Islamic Economics, UIN Syarif Hidayatullah (2018)
Work Experience
- Sharia Supervisory Board of PT BRI Asuransi Indonesia (2021 – present)
- Sharia Supervisory Board of PT Capella Multidana (2021 – present)
- Sharia Supervisory Board of PT Asuransi Reliance Indonesia (2020 – present)
Abdul Ghoni - Chairman of the Sharia Supervisory Board of PT Asuransi Parolamas (2019)
Member of Integrated Governance - Permanent Lecturer at Muhammadiyah University of Jakarta (2019 – present)
Committee / Sharia Supervisory Board of
Certification
PT BRI Asuransi Indonesia
None
Citizenship Legal Basis for Appointment
Indonesian citizen 1. Decree of the BRI Board of Commissioners Number 04-KOM/BRI/07/2021 dated July
6, 2021, concerning the Composition of Membership of the Integrated Governance
Domicile
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Jakarta 2. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
September 07, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024 dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025 dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
5. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025 dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
July 06, 2021 – present
Concurrent Positions
- Sharia Supervisory Board of PT Capella Multidana (2021 – present)
- Sharia Supervisory Board of PT Asuransi Reliance Indonesia (2020 – present)
- Permanent Lecturer at Muhammadiyah University of Jakarta (2019 – present)
742 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 743
Annual Report
2025
Place and Year of Birth/Age
Born in Jakarta in 1967. Age 58 years as of December 2025.
Educational Background
- Bachelor of Sharia, UIN Syarief Hidayatullah, Jakarta (1992)
- Master of Law, College of Law (2004)
- Doctor of Islamic Economics and Finance, Trisakti University (2014)
Work Experience
- Member of the Sharia Supervisory Board of Manulife Syariah (2024)
- Chairman of the Sharia Supervisory Board of Bank Syariah Mandiri (2019)
- Member of the Sharia Supervisory Board of BTN Syariah (2018)
Mohammad Hidayat - Advisor of Bank Muamalat Indonesia (1999)
Member of Integrated Governance - Sharia and Research Bureau of Bank Muamalat Indonesia (1993)
Committee / Independent Commissioner of
Certification
PT Asuransi BRI Life
- Sharia Supervisory Board of Sharia Banking
- Sharia Supervisory Board of Sharia Insurance Company
Citizenship
- Sharia Expert of Capital Market
Indonesian citizen - DPS Competence
Domicile Legal Basis for Appointment
Jakarta 1. Decree of the BRI Board of Commissioners Number 04-KOM/BRI/07/2021 dated July
6, 2021, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
2. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
September 07, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024 dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025 dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
5. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025 dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
July 06, 2021 – present
Concurrent Positions
None
PT Bank Rakyat Indonesia (Persero) Tbk. 743
Page 744
Corporate
Governance
Place and Year of Birth/Age
Born in Medan in 1961. Age 64 years as of December 2025.
Educational Background
- Bachelor of Corporate Economics, Parahyangan University (1985)
- Master in Investment Banking, Virginia Polytechnic Institute and State University, USA
(1993)
Work Experience
- Independent Commissioner of PT BRI Danareksa Sekuritas (2023 – present)
- Director of Institutional Relations of PT Bank Mandiri (Persero) Tbk (2019 )
- Director of Risk Management of PT Bank Rakyat Indonesia (Persero) Tbk (2017 )
Donsuwan Simatupang - Director of Micro, Small & Medium Enterprises of PT Bank Rakyat Indonesia (2017)
Member of Integrated Governance - Director of Commercial PT Bank Rakyat Indonesia (Persero) Tbk (2015)
Committee / Independent Commissioner of
Certification
BRI Danareksa Securities
None
Citizenship Legal Basis for Appointment
Indonesian citizen 1. Decree of the BRI Board of Commissioners Number 03a-KOM/BRI/03/2024 dated March
19, 2024, concerning the Composition of Membership of the Integrated Governance
Domicile
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Jakarta 2. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
September 07, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024, dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025, dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
5. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025, dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
March 19, 2024 – present
Concurrent Positions
None
744 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 745
Annual Report
2025
Place and Year of Birth/Age
Born in Jakarta in 1964. Age 61 years as of December 2025.
Educational Background
Medical Education, Brawijaya University (1992)
Work Experience
- Independent Commissioner of PT BRI Multifinance Indonesia (2023 – present)
- Commissioner of PT Sinar Energi Utama (2022 – present)
- Director of Kasih Sayang Ibu Hospital, Batam (2020)
- Expert Staff to the Coordinating Minister for PM, Coordinating Ministry for PMK RI (2015)
- Member of the Indonesian House of Representatives (2004)
Diah Defawati Ade
Certification
Member of Integrated Governance
Committee / Independent Commissioner of - Financing qualification 6 Financing Fields, Supervision Sub-Field, Financing LSP
PT BRI Multifinance Indonesia - APPI National Seminar, Financing Challenges Amidst Geopolitical and Economic Changes
Legal Basis for Appointment
Citizenship
1. Decree of the BRI Board of Commissioners Number 03a-KOM/BRI/03/2024 dated March
Indonesian citizen 19, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Domicile
2. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
Jakarta September 07, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
3. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024, dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
4. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025, dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
5. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025, dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Term of Office
Period I
Serving Duration
March 19, 2024 – present
Concurrent Positions
Commissioner of PT Sinar Energi Utama (2022 – present)
PT Bank Rakyat Indonesia (Persero) Tbk. 745
Page 746
Corporate
Governance
Place and Year of Birth/Age
Born in Jakarta in 1969. Age 56 years as of December 2025.
Educational Background
Bachelor of Economics – Indonesian College of Economics, Finance & Banking (STEKPI)
(1995)
Work Experience
- Independent Commissioner of PT BRI Ventura Investama (2020 – present)
- Commissioner of PT Republika Media Mandiri (2019)
- President Director of PT Republika Media Mandiri (2016)
- President Director of PT Kalyanamitra Adhara Mahardika (2007)
Agoosh Yosran - Director of Corporate Affairs & Corporate Secretary of PT Mahaka Media Tbk (2013)
Member of Integrated Governance
Certification
Committee / Independent Commissioner of
BRI Ventura Investama -
Legal Basis for Appointment
Citizenship
1. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/10/2023 dated October
Indonesian citizen 3, 2023, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Domicile
2. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
Jakarta September 07, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024, dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025, dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
5. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025, dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
October 03, 2023 – present
Concurrent Positions
None
Place and Year of Birth/Age
Born in Jakarta, August 06, 1986. Age 39 years as of December 2025.
Educational Background
- Bachelor’s Degree (S1) in Communication Studies, Prof. Dr. Moestopo Beragama University
(2008)
- Master’s Degree (S2) in Public Administration, Prof. Dr. Moestopo Beragama University (2018)
Work Experience
- Independent Commissioner of PT Pegadaian (2025-present)
- Independent Commissioner of PT PLN Energi Primer Indonesia (2024)
- Member of Commission X, Electoral District Banten III (2019)
Martina - Expert Staff to a Member of the House of Representatives of the Republic of Indonesia
Member of Integrated Governance (DPR RI) (2014)
Committee/Independent Commissioner of Certification
PT Pegadaian
Qualified Risk Governance Professional (QRGP)
Citizenship Legal Basis for Appointment
Indonesian citizen 1. Decree of the Minister of State-Owned Enterprises and the President Director of PT Bank
Rakyat Indonesia (Persero) Tbk acting as the Shareholders of PT Pegadaian Nomor SK-
Domicile 189/MBU/07/2025 Nomor 2241-Dirlhbs/07/2025, concerning the Dismissal, Reassignment
of Duties, and Appointment of Members of the Board of Commissioners of PT Pegadaian
West Java
2. Decree of the BRI Board of Commissioners 11-KOM/BRI/11/2025, dated November 3, 2025,
concerning the Composition of Membership of the Integrated Governance Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
November 03, 2025 – present
Concurrent Positions
None
746 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 747
Annual Report
2025
Place and Year of Birth/Age
Born in Sampang in 1975. Age 50 years as of December 2025.
Educational Background
- LC from Ibnu Sa’ud Islamic University, Jakarta (1996-2000)
- Bachelor of Religion from Az Ziyadah Islamic College, Jakarta (1996-2000)
- MA from Postgraduate Program UIN Jakarta (2001–2003)
- Ph.D. from University of Malaya, Malaysia (2008–2010)
Work Experience
- Lecturer at Al Hikam Al Qur'an College, Depok (2011 – present)
- Sharia Financial Services Development Group of OJK (2013)
Muhammad Cholil Nafis - Secretary of the Middle Eastern and Islamic Studies Study Program, University of
Member of the Integrated Governance Indonesia (2014)
Committee / Chairman of the Sharia - Lecturer in Islamic Economics and Finance, Postgraduate Program, University of Indonesia
Supervisory Board of Pegadaian (2005 – present)
- Sharia Supervisory Board of ACE Life Assurance (2013 – present)
- Sharia Supervisory Board of Kresna Multi Finance (2012 – present)
Citizenship
- Sharia Supervisory Board of Puskop Syariah DKI Jaya (2014 – present)
Indonesian citizen - Sharia Supervisory Board of Asyki Insurance (2015 – present)
- Chairman of the Sharia Supervisory Board of Pegadaian (2011 – present)
Domicile
Certification
Depok
- Certification of Sharia Supervisors by the National Sharia Board and Bank Indonesia
- Post-Doctoral at Muhammad V University, Morocco
- Certification of the National Sharia Supervisory Board of Sharia Multifinance
- Training of Sharia Supervisor Competency Assessors
Legal Basis for Appointment
Decree of the BRI Board of Commissioners Number 10-KOM/BRI/12/2021 dated December
28, 2021, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
December 28, 2021 – present
Concurrent Positions
- Sharia Supervisory Board of Asyki Insurance (2015 – present)
- Sharia Supervisory Board of Puskop Syariah DKi Jaya (2014 – present)
- Sharia Supervisory Board of Kresna Multi Finance (2012 – present)
- Sharia Supervisory Board of ACE Life Assurance (2013 – present)
PT Bank Rakyat Indonesia (Persero) Tbk. 747
Page 748
Corporate
Governance
Place and Year of Birth/Age
Born in Padang Panjang in 1959. Age 65 years as of December 2025.
Educational Background
- Bachelor of Textile Chemistry (Bandung Institute of Textile Technology) (1985)
- Master of Business Administration (Indiana University, USA) (1995)
Work Experience
- Deputy Chairman of the OJK Board of Commissioners as Chairman of the Ethics
Committee and concurrently member (2017)
- Chief Executive of the OJK Capital Market Supervisory Board and concurrently member
(2012)
Nurhaida - Chairman of the Capital Market Supervisory Agency (2011)
Member of Integrated Governance
Certification
Committee / Independent Commissioner
of PNM Banking Risk Management Level 5 by the Banking Professional Certification Institute (2022)
Legal Basis for Appointment
Citizenship
1. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/10/2023 dated October
Indonesian citizen 3, 2023, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Domicile
2. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
Bogor September 07, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024, dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025, dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
5. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025, dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
October 03, 2023 – present
Concurrent Positions
None
Place and Year of Birth/Age
Born in Surabaya, October 9, 1965. Age 60 years as of December 2025.
Educational Background
Bachelor’s Degree (S1) in Administrative Science, Brawijaya University (1989)
Work Experience
- SEVP Head of Audit Intern Unit BRI (2019)
- Regional Office Head Jakarta 1 of BRI (2018)
- BRI Regional Head Yogyakarta (2018)
- Head of Corporate Secretary Division BRI (2015)
Hari Siaga Amijarso Certification
Member of Integrated Governance - Certified Risk Governance Profesional (CRGP) - LSPMR BNSP
Committee/Independen Commissioner of - Risk Management with Qualification/Competency as Integrated Risk Governance Expert
BRI Life (CRGP) - BNSP
- Erm and Cyber Security: How to Mitigate and Protect BRF.07.2023.073 - Bankers
Association for Risk Management
Citizenship
Legal Basis for Appointment
Indonesian citizen
Decree of the BRI Board of Commissioners 11-KOM/BRI/11/2025, dated November 3, 2025,
Domicile
concerning the Composition of Membership of the Integrated Governance Committee of
Jl. Villa Sawo Kav.10, Kebayoran Baru, PT Bank Rakyat Indonesia (Persero) Tbk
South Jakarta
Term of Office
Period I
Serving Duration
November 03, 2025 – present
Concurrent Positions
None
748 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 749
Annual Report
2025
Place and Year of Birth/Age
Born in Jakarta in 1964. Age 61 years as of December 2025.
Educational Background
- Bachelor of Economics, University of Indonesia (1988)
- Master of Economics Michigan State University East Lansing, MI, USA (1991)
Work Experience
- Independent Commissioner PT BRI Investment Management (2022 – present)
- Senior Advisor Prospera (Australia Indonesia Partnership Economic Development) in the
Economic and Finance Engagement Ar (2018 – present)
- Independent Commissioner PT Danareksa Investment Management (2018)
Kahlil Rowter - Chief Economist PT Danareksa (Persero) (2015)
Member of Integrated Governance - Senior Advisory Real Estate Investment Trusts, AIPEG, Jakarta (2015)
Committee / Independent Commissioner of - Chief Economist PT Bakrie and Brothers Tbk (2011)
PT BRI Investment Management - Chief Executive Officer (CEO) Pefindo (2007)
- Chief Economist Mandiri Sekuritas (2005)
Citizenship Certification
Indonesian citizen None
Domicile Legal Basis for Appointment
Jakarta 1. Decree of the BRI Board of Commissioners Number 05-KOM/BRI/02/2023 dated February
15, 2023, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
2. Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated
September 07, 2024, concerning the Composition of Membership of the Integrated
Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk
3. Decree of the BRI Board of Commissioners Number 15-KOM/BRI/11/2024, dated November
11, 2024, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
4. Decree of the BRI Board of Commissioners Number 06-KOM/BRI/04/2025, dated April
15, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
5. Decree of the BRI Board of Commissioners Number 11-KOM/BRI/11/2025, dated November
3, 2025, concerning the Composition of Membership of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office
Period I
Serving Duration
February 15, 2023 – present
Concurrent Positions
Senior Advisor Prospera (Australia Indonesia Partnership Economic Development) in the
Economic and Finance Engagement Ar (2018 – present)
PT Bank Rakyat Indonesia (Persero) Tbk. 749
Page 750
Corporate
Governance
Educational Qualifications and Work Experience of The Integrated Governance Committee
1. Independent parties that meet the requirements of integrity, competence, financial reputation, and experience.
2. Independent parties who have knowledge regarding the main entity and subsidiaries, including an understanding of the
main business activities and main risks of the LJK
3. Have an adequate understanding of GCG principles.
4. Have an adequate understanding of the concept of risk and risk control in business activities and internal control of the
company.
5. Independent Commissioner from each member of the BRI Financial Conglomerate as a member.
6. Member of the Sharia Supervisory Board of BRI Syariah as a member.
Table of Educational Qualifications and Work Experience of the Integrated Governance Committee
Name Position Education Work Experience
Lukmanul Khakim Chairman • Bachelor of Law Have experience in law, constitutional governance,
• Master of Administrative Sciences administration, and business management
Kartika Wirjoatmodjo Member • Bachelor of Accounting Have experience in banking, finance and risk
• Master of Business Administration management
Edi Susianto Member • Bachelor of Economics & Have experience in finance, economics,
Development governance, regulation, and bank supervision
• Master of Economics and Finance
Tjondro Prabowo Member • Bachelor of Agricultural Have experience in banking and management
Socioeconomics
• Master of Management
Donny Himawan Member • Bachelor of Animal Husbandry Have experience in auditing, banking and
• Master of Management, Finance Management
Yoyok Mulawarman Member • Bachelor of Business Administration Have experience in banking , auditing, and
• Master of Management Management
Johanes Kuntjoro Member • Bachelor of Economics Have experience in banking and management
Adisardjono • Master of Agribusiness
Benny Imam Syafii Member • Bachelor’s Degree (S1) in Soil Have experience in banking and management
Science
• Master of Management
Abdul Ghoni Member • Bachelor of Accounting Have experience in sharia and management
• Master of Management
• Doctor of Islamic Economics
Hari Siaga Amijarso Member Bachelor’s Degree (S1) in Administrative Have experience in banking , auditing, and Risk
Science Management
Mohammad Hidayat Member • Bachelor of Sharia Have experience in law and sharia
• Master of Law
• Doctor of Islamic Economics and
Finance
Donsuwan Simatupang Member • Bachelor of Corporate Economics Have experience in investment banking and
• Master in Investment Banking economics
Diah Defawati Ade Member Medical Education Have experience in social politics and management
Agoosh Yosran Member Bachelor of Economics Have experience in economics and banking
Martina Member • Bachelor’s Degree (S1) in Have experience in economics and banking
Communication Studies
• Master’s Degree (S2) in Public
Administration
Muhammad Cholil Nafis Member • Bachelor of Religion Have experience in sharia and management
• MA from Postgraduate Program
• Ph.D
Nurhaida Member • Bachelor of Textile Chemistry Have experience in banking and management
• Master of Business Administration
Kahlil Rowter Member • Bachelor of Economics Have experience in economics and management
• Master of Economics
750 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 751
Annual Report
2025
Independence of The Integrated Governance Committee
To ensure the independence of the implementation of duties and the provision of views, and recommendations to the Board of
Commissioners, all members of the KTKT have no affiliation with the Directors, other Commissioners or controlling shareholders
of BRI and are not shareholders, Commissioners, Directors or employees of companies that have affiliations or businesses with
BRI.
The requirements for the independence of KTKT members are:
1. It is not permitted to receive compensation from the Company and its subsidiaries, or affiliates, except for wages, salaries
and other facilities received in connection with the duties carried out as a member of the Integrated Governance Committee.
2. Not permitted to have family or business relationships with the Board of Directors and Board of Commissioners.
3. Not permitted to have dual positions in the Company and other Companies affiliated with the Bank; And
4. Not permitted to have duties, responsibilities and authority that give rise to a conflict of interest.
Period from January 1, 2025 to April 14, 2025
Independence Aspect PPS KW RR DRL HS HBW TN TP MU JKA AK
Has no financial relationship with √ √ √ √ √ √ √ √ √ √ √
the Board of Commissioners and
Directors
Has no management √ √ √ √ √ √ √ √ √ √ √
relationship with the company,
its subsidiaries, or affiliated
companies
Has no family relationship with √ √ √ √ √ √ √ √ √ √ √
the Board of Commissioners,
Directors, and/or fellow members
of the Integrated Governance
Committee
Independence Aspect AG EW MH DS DDA AY YPPS MCN NH KR
Has no financial relationship with √ √ √ √ √ √ √ √ √ √
the Board of Commissioners and
Directors
Has no management relationship √ √ √ √ √ √ √ √ √ √
with the company, its subsidiaries, or
affiliated companies
Has no family relationship with the √ √ √ √ √ √ √ √ √ √
Board of Commissioners, Directors,
and/or fellow members of the
Integrated Governance Committee
Period April 15, 2025 – November 2, 2025
Independence Aspect KL KW ES TN TP DH JKA AK AG EW MH
Has no financial relationship with √ √ √ √ √ √ √ √ √ √ √
the Board of Commissioners and
Directors
Has no management √ √ √ √ √ √ √ √ √ √ √
relationship with the company,
its subsidiaries, or affiliated
companies
Has no family relationship with √ √ √ √ √ √ √ √ √ √ √
the Board of Commissioners,
Directors, and/or fellow members
of the Integrated Governance
Committee
PT Bank Rakyat Indonesia (Persero) Tbk. 751
Page 752
Corporate
Governance
Independence Aspect DS DDA AY YPPS MCN NH KR
Has no financial relationship with the Board of Commissioners √ √ √ √ √ √ √
and Directors
Has no management relationship with the company, its √ √ √ √ √ √ √
subsidiaries, or affiliated companies
Has no family relationship with the Board of Commissioners, √ √ √ √ √ √ √
Directors, and/or fellow members of the Integrated Governance
Committee
Period from November 3, 2025 to December 31, 2025
Independence Aspect KL KW ES TP DH YM JKA BIS AG HSA MH
Has no financial relationship with √ √ √ √ √ √ √ √ √ √ √
the Board of Commissioners and
Directors
Has no management √ √ √ √ √ √ √ √ √ √ √
relationship with the company,
its subsidiaries, or affiliated
companies
Has no family relationship with √ √ √ √ √ √ √ √ √ √ √
the Board of Commissioners,
Directors, and/or fellow members
of the Integrated Governance
Committee
Independence Aspect DS DH DDA AY MT MCN NH KR
Has no financial relationship with the Board of √ √ √ √ √ √ √ √
Commissioners and Directors
Has no management relationship with the company, its √ √ √ √ √ √ √ √
subsidiaries, or affiliated companies
Has no family relationship with the Board of √ √ √ √ √ √ √ √
Commissioners, Directors, and/or fellow members of the
Integrated Governance Committee
Notes:
Paripurna P Sugarda (PPS), Kartika Wirjoatmodjo (KW), Rofikoh Rokhim (RR), Dwi Ria Latifa (DRL), Heri Sunaryadi (HS), Haryo Baskoro Wicaksono (HBW), Tedi
Nurhikmat (TN), Tjondro Prabowo (TP), Maria Ulpah (MU) 2, Johanes Kuntjoro Adisardjono (JKA), Ayahanita K (AK), Abdul Ghoni (AG), Eko Wahyudi (EW), Mohammad
Hidayat (MH), Donsuwan Simatupang (DS), Diah Defawati Ade (DDA), Agoosh Yoosran (AY), Yudi Priambodo Purnomo Sidi (YPPS), Muhammad Cholil Nafis (MCN),
Nurhaida (NH), Kahlil Rowter (KR), Lukmanul Khakim (LK), Edi Susianto (ES), Donny Himawan (DH), Yoyok Mulawarman (YM), Benny Imam Syafii (BIS), Hari Siaga
Amijarso (HSA), Martina (MT)
752 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 753
Annual Report
2025
Integrated Governance Committee Meeting Meeting Participants
1. Each member of the Committee must attend minimally
Integrated Governance Committee Meeting Policy 75% (seventy five percent) of meetings in a year.
2. Committee meetings may invite the Board of Directors,
Arrangements for the Committee meeting are as follows. Officers, and Employees of the Company or invitees from
outside the Company.
Meeting Implementation Mechanism 3. Committee meetings may invite Other Committees
1. The integrated Governance Committee (IGC) is held in and Subsidiary Management, submitted through the
accordance with the work plan that has been stipulated Integrated Governance Committee.
and in line with need. Types of meetings based on
participants are as follows: Meeting Chairperson
a. IGC Meeting with Main Entity. 1. The Board of Commissioners’ meeting is chaired by the
b. Main Entity IGC Meeting with Subsidiaries. Committee Chairperson.
c. Board of Commissioners’ Meeting/Main Entity IGC 2. In case the Committee Chairperson is unavailable or
Meeting. absent, which does not need to be proven to any party,
d. Main Entity IGC Meeting with Certain Subsidiaries. the Committee meeting is chaired by a Committee
e. IGC Technical Meeting (meeting at technical level). member from the Board of Commissioners.
Meetings at the technical level are meetings with 3. Meetings at the technical level are chaired by one of the
Committee members from Independent Parties and IGC members from an Independent Party in the Main
Division Heads or officials and/or staff in a certain Entity.
business unit of the Main Entity and/or Subsidiaries.
2. Committee meetings must be held periodically, minimally Meeting Invitation
1 (one) time in 3 (three) months. 1. The summons of the Committee meeting is made by the
3. Committee meetings may be held at any time upon the Chairman of the Committee.
request of 1 (one) or several members of the Committee 2. In case the Chairman of the Committee is unavailable or
by stating the matters to be discussed. absent, which does not need to be proven to any party,
4. Committee meetings are held at the Company’s domicile, the summons of the meeting can be conducted by a
or other places within the territory of the Republic of member of the Committee who is a member of the Board
Indonesia or at the Company’s business activity sites, of Commissioners.
determined by the Committee. 3. The summons of the Committee meeting must be
5. Committee meetings may be held online via submitted in writing by stating the agenda/event, date,
teleconference or other electronic media that allows all time, and venue of the meeting.
participants to communicate and interact in Committee 4. In case a special or extraordinary situation occurs,
meetings. the Committee can conduct the summons at any time
6. Committee meeting materials are available and delivered minimally (less than 1 working day), either directly or
to meeting participants no later than 5 (five) working days online.
before the meeting is held, unless the meeting is held 5. The summons to the IGC meeting at the technical level
outside the meeting schedule. The meeting materials is signed by the Chairman of the Committee, and the
can be delivered before the meeting is held. summons to the meeting can also be made by related
7. Committee members may attend meetings based parties, such as BRI Management or Subsidiaries.
on invitations from the Audit Committee, Monitoring 6. The scheduled IGC Committee meeting is held with
Committee of Risk Management or other business units a written summon, signed by the chairman of the
related to the implementation of their duties. Committee or a member of the Committee from the
8. Committee members may attend meetings based on Board of Commissioners of the Main Entity. If the
invitations from external auditors and/or Internal Audit Chairman of the Committee is absent, the summons can
Units (SKAI) related to plans and results of examinations be signed by two Committee members from the Board of
of Subsidiaries and other matters. Commissioners. If it is not possible to be signed by two
Committee members, the invitation can be signed by one
Meeting Quorum Committee member from the Board of Commissioners
A Committee meeting is valid if it is attended and/or 7. Summons can be signed using a digital signature by first
represented by more than ½ (one half) of the total number of requesting permission from the Board of Commissioners,
Committee members. who are authorized to sign.
8. Summons to the IGC meetings at the technical level are
signed by the Chairman of the Committee, the meeting
invitation can also be made by related parties, such as
BRI Management or Subsidiaries.
PT Bank Rakyat Indonesia (Persero) Tbk. 753
Page 754
Corporate
Governance
9. The Committee Meeting must draft meeting agendas, 4. In case a member of the Board of Commissioners and/
date, time, and venue of the meeting, as well as the or Board of Directors does not sign the results of the
attendance list. meeting as referred to in points 2 and 3 above, the said
person must state the reasons in writing in a separate
Meeting Resolutions letter attached to the minutes of the meeting.
1. A meeting is valid and has the right to make binding 5. If any dissenting opinions occur in the meeting they
resolutions if it is attended by at least 1/2 (one half) of the must be clearly stated in the minutes of the meeting and
total number of the Committee members. accompanied by the reasons for the dissenting opinion.
2. Recommended resolutions that are formulated in the 6. The minutes of the Committee meeting are valid evidence
Committee Meeting are made based on deliberation of the resolutions taken in the said meeting.
to reach consensus. In case the deliberation to reach 7. The results of meetings held at the technical level are
consensus does not occur, resolutions are made based stated in the minutes of the meeting contains important
on a majority vote. points of discussion and reported to the Board of
3. Each Committee member has 1 (one) vote and an Commissioners.
additional 1 (one) vote for each Committee member who 8. If, based on the meeting results at the Technical Meeting,
is legally represented at the meeting. any significant matters require consideration, the
4. Committee members, who are unable to attend, may Independent Party can recommend to the Chairman
submit opinions and cast votes, which are given in of the Committee to follow up as required, including
writing, signed, and submitted to the Chairman of the submitting a recommendation letter to the Board of
Committee or the Commissioner chairing the meeting. Directors of the Main Entity. The letter is signed by the
The voting rights are considered valid and are an integral Chairman of the Committee, and one of the members of
part of the decision-making process at the meeting the KTKT from the Board of Commissioners of the Main
5. In case the number of in favor and against votes is the Entity.
same, the decision-making process is postponed and 9. The minutes of the meeting are properly documented by
reviewed. If, after being reviewed, the number of in favor the Secretariat of the Board of Commissioners.
and against votes is the same, the decision-making
process is determined by the Meeting Chairperson. Follow-Up on Meeting Results
6. The Meeting chairperson delivers the conclusion at the 1. The results of the Committee meeting decisions are
end of each meeting. submitted in a Committee Service Note to the Board of
7. Each meeting resolution is binding on all Committee Commissioners containing opinions or recommendations
members. or suggestions to assist in the implementation of the
8. The Committee may also make valid resolutions, provided Board of Commissioners' duties.
that members of the Board of Commissioners, who are 2. The Committee Service Note in point one above may be
serving their term of office, provide approval by signing accompanied by a draft of the Board of Commissioners'
in writing to the proposed resolutions. outgoing letter and/or the Committee's outgoing letter to
9. Every member of the Committee who personally in any the Board of Directors.
way either directly or indirectly, has an interest in any 3. The Committee Service Note must be signed by
transaction, contract or proposed contract in which the the Committee Chairperson and all members of the
Company is a party, must declare the characteristics of Committee.
his/ her interest in a Committee meeting and shall not 4. The Board of Commissioners' letter is conducted by the
entitle to participate in voting on any matters related to correspondence procedures regulated and determined
the transaction or contract. by the Board of Commissioners, while the Committee
Letter is signed by the Committee Chairperson and
Meeting Minutes Members from the Board of Commissioners.
1. The results of the Committee meeting must be stated in 5. All outgoing letters from the Board of Commissioners and/
the minutes of the meeting. or the Committee must be recorded in the Letter Register
2. The minutes of the Committee meeting must be signed and administered by the Board of Commissioners'
by all members of the Committee present and submitted Secretariat and stored by the Corporate Secretary
to members of the Committee, who have voting rights. Division.
3. The minutes of the meeting are prepared by members
of the Committee who are Independent Parties who are
present at the meeting.
754 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Integrated Governance Committee Meeting Agenda
Table of Integrated Governance Committee Meeting Agenda
No. Day, Date of Meeting Meeting Agenda Meeting Participants
1 Monday, January 29, Coordination of the BRI Group's 2025 Integrated 1. Paripurna Poerwoko Sugarda
2025 Governance Work Plan. 2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
4. Dwi Ria Latifa
5. Heri Sunaryadi
6. Haryo Baskoro Wicaksono
7. Tedi Nurhikmat
8. Tjondro Prabowo
9. Maria Ulpah
2 Monday, March 3, 2025 a. Business Condition Update for Semester II/2024, Future 1. Paripurna Poerwoko Sugarda
Strategic Plan, and Governance Implementation at PT 2. Rofikoh Rokhim
Permodalan Nasional Madani (PNM) 3. Heri Sunaryadi
b. Discussion on the Evaluation of the Implementation 4. Haryo Baskoro Wicaksono
of Supervision by the Board of Commissioners of PT 5. Tedi Nurhikmat
Permodalan Nasional Madani (PNM) 6. Tjondro Prabowo
7. Maria Ulpah
3 Monday, March 10, 2025 a. Business Condition Update for Semester II/2024, Future 1. Paripurna Poerwoko Sugarda
Strategic Plan, and Implementation of PT Pegadaian's 2. Rofikoh Rokhim
Governance 3. Heri Sunaryadi
b. Discussion on the Evaluation of the Implementation 4. Haryo Baskoro Wicaksono
of Supervision by the Board of Commissioners of PT 5. Tedi Nurhikmat
Pegadaian 6. Tjondro Prabowo
7. Maria Ulpah
4 Monday, March 17, 2025 a. Business Condition Update for Semester II/2024, Future 1. Paripurna Poerwoko Sugarda
Strategic Plan, and Governance Implementation at PT 2. Rofikoh Rokhim
BRI Ventura Investama 3. Heri Sunaryadi
b. Discussion on the Evaluation of the Implementation of 4. Haryo Baskoro Wicaksono
Supervision by the Board of Commissioners of PT BRI 5. Tedi Nurhikmat
Ventura Investama 6. Tjondro Prabowo
7. Maria Ulpah
5 Monday, April 14, 2025 a. Business Condition Update for Semester II/2024, Future 1. Kartika Wirjoatmodjo
Strategic Plan, and Governance Implementation at PT 2. Tedi Nurhikmat
BRI Multifinance Indonesia 3. Tjondro Prabowo
b. Discussion on the Evaluation of the Implementation of 4. Maria Ulpah
Supervision by the Board of Commissioners of PT BRI
Multifinance Indonesia
6 Monday, April 21, 2025 a. Business Condition Update for Semester II/2024, Future 1. Kartika Wirjoatmodjo
Strategic Plan, and Governance Implementation at PT 2. Lukmanul Khakim*
Bank Raya Indonesia 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT Bank 5. Donny Himawan
Raya Indonesia 6. Tedi Nurhikmat
7 Monday, May 5, 2025 a. Business Condition Update for Semester II/2024, Future 1. Kartika Wirjoatmodjo
Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
BRI Asuransi Indonesia 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT BRI 5. Donny Himawan
Asuransi Indonesia 6. Tedi Nurhikmat
8 Monday, May 19, 2025 a. Business Condition Update for Semester II/2024, Future 1. Kartika Wirjoatmodjo
Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
BRI Danareksa Sekuritas 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT BRI 5. Donny Himawan
Danareksa Sekuritas 6. Tedi Nurhikmat
9 Monday, May 19, 2025 a. Business Condition Update for Semester II/2024, 1. Kartika Wirjoatmodjo
Future Strategic Plan, and Implementation of PT BRI 2. Lukmanul Khakim*
Investment Management Governance 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT BRI 5. Donny Himawan
Investment Management 6. Tedi Nurhikmat
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No. Day, Date of Meeting Meeting Agenda Meeting Participants
10 Tuesday, May 27, 2025 Update on the Implementation of POJK 30 of 2024 1. Kartika Wirjoatmodjo
2. Lukmanul Khakim*
3. Edi Susianto*
4. Tjondro Prabowo
5. Donny Himawan
6. Tedi Nurhikmat
11 Tuesday, August 12, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
Permodalan Nasional Madani (PNM) 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation 4. Tjondro Prabowo
of Supervision by the Board of Commissioners of PT 5. Donny Himawan
Permodalan Nasional Madani (PNM) 6. Tedi Nurhikmat
12 Wednesday, August 13, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Implementation of PT Pegadaian's 2. Lukmanul Khakim*
Governance 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation 4. Tjondro Prabowo
of Supervision by the Board of Commissioners of PT 5. Donny Himawan
Pegadaian 6. Tedi Nurhikmat
13 Wednesday, August 13, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
Bank Raya Indonesia Tbk (Bank Raya) 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT Bank 5. Donny Himawan
Raya Indonesia Tbk (Bank Raya) 6. Tedi Nurhikmat
14 Thursday, August 14, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
Permodalan Nasional Madani (PNM) 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation 4. Tjondro Prabowo
of Supervision by the Board of Commissioners of PT 5. Donny Himawan
Permodalan Nasional Madani (PNM) 6. Tedi Nurhikmat
15 Wednesday, August 20, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
BRI Ventura Investama (BVI) 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT BRI 5. Donny Himawan
Ventura Investama (BVI) 6. Tedi Nurhikmat
16 Wednesday, August 20, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
BRI Asuransi Indonesia (BRINS) 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT BRI 5. Donny Himawan
Asuransi Indonesia (BRINS) 6. Tedi Nurhikmat
17 Monday, August 25, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
BRI Danareksa Sekuritas (BRIDS) 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT BRI 5. Donny Himawan
Danareksa Sekuritas (BRIDS) 6. Tedi Nurhikmat
18 Monday, August 25, a. Business Condition Update for Semester I/2025, Future 1. Kartika Wirjoatmodjo
2025 Strategic Plan, and Governance Implementation of PT 2. Lukmanul Khakim*
BRI Investment Management (BRIMI) 3. Edi Susianto*
b. Discussion on the Evaluation of the Implementation of 4. Tjondro Prabowo
Supervision by the Board of Commissioners of PT BRI 5. Donny Himawan
Investment Management (BRIMI) 6. Tedi Nurhikmat
19 Tuesday, November 4, Evaluation and Implementation Plan for Integrated 1. Kartika Wirjoatmodjo
2025 Governance in Accordance with POJK Number 30 of 2024 2. Lukmanul Khakim*
for the BRI Financial Conglomerate 3. Edi Susianto
4. Tjondro Prabowo
5. Donny Himawan
6. Yoyok Mulawarman
756 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No. Day, Date of Meeting Meeting Agenda Meeting Participants
20 Monday, December 22, Discussion on BRI Pension Fund Performance in the Third 1. Kartika Wirjoatmodjo
2025 Quarter of 2025 2. Lukmanul Khakim
3. Edi Susianto
4. Tjondro Prabowo
5. Donny Himawan
6. Yoyok Mulawarman
21 Tuesday, December 23, Discussion of BRI DPLK Performance in the Third Quarter 1. Kartika Wirjoatmodjo
2025 of 2025 2. Lukmanul Khakim
3. Edi Susianto
4. Tjondro Prabowo
5. Donny Himawan
6. Yoyok Mulawarman
*Present as an observer. Passed the OJK fit and proper test September 19, 2025, Edi Susianto October 24, 2025, Lukmanul Khakim December 19, 2025.
Frequency and Attendance Level of Integrated Governance Committee Meetings
During 2025, the Integrated Governance Committee held 21 meetings. The frequency and attendance of each Committee
member are as follows.
Table of Attendance Level of Integrated Governance Committee
Meetings for the Period of January 1, 2025 to April 14, 2025
Integrated Governance Committee Meeting
Name Position Number and Percentage of Attendance
Number of Meetings Number of Attendance Persentase
Paripurna Poerwoko Sugarda Chairman 4 4 100%
Rofikoh Rokhim Member 4 4 100%
Dwi Ria Latifa Member 1 1 100%
Heri Sunaryadi Member 4 4 100%
Haryo Baskoro Wicaksono Member 4 4 100%
Maria Ulpah Member 5 5 100%
Kartika Wirjoatmodjo Member 2 2 100%
Tedi Nurhikmat Member 5 5 100%
Tjondro Prabowo Member 5 5 100%
Period April 15, 2025 to November 2, 2025
Integrated Governance Committee Meeting
Name Position Number and Percentage of Attendance
Number of Meetings Number of Attendance Percentage
Kartika Wirjoatmodjo Member 13 13 100%
Lukmanul Khakim1 Committee - - -
Edi Susianto2 Committee - - -
Tjondro Prabowo Committee 13 13 100%
Donny Himawan Committee 13 13 100%
Tedi Nurhikmat Committee 13 13 100%
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on December 19, 2025
1
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on October 24, 2025
2
PT Bank Rakyat Indonesia (Persero) Tbk. 757
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Corporate
Governance
Period November 3, 2025 to December 31, 2025
Integrated Governance Committee Meeting
Name Position Number and Percentage of Attendance
Number of Meetings Number of Attendance Percentage
Lukmanul Khakim1 Chairman 2 2 100%
Kartika Wirjoatmodjo Member 3 3 100%
Edi Susianto2 Member 3 3 100%
Tjondro Prabowo Committee 3 3 100%
Donny Himawan Committee 3 3 100%
Yoyok Mulawarman Committee 3 3 100%
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on December 19, 2025
1
Passed the Fit and Proper Test of the Financial Service Authority (OJK) on October 24, 2025
2
Integrated Governance Committee Competency Improvement Program
BRI's KTKT members are competent in their respective fields, with a minimum of five years of experience. Their backgrounds
are quite diverse, including experience in strategic management, risk management, banking, finance, and accounting, which
ensures the quality of recommendations and suggestions for improvement to the Board of Commissioners.
Types of Training and
Place and Time of
Name Position Competency Development / Organizer
Implementation
Training Materials
Lukmanul Khakim Chairman Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Kartika Wirjoatmodjo Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Edi Susianto Member Education and/or Training can be seen in the education and/or training section of the Members
of the Board of Commissioners
Tjondro Prabowo Committee Refreshing Risk Management Level 5 Online, March 3, 2025 Corpu BRI
Member/KTKT
Financial Accounting Standards (SAK) Bali, December 11-12, Ikatan Akuntan Indonesi
for Executives (Financial Accounting) 2025
Donny Himawan RD Committee Refreshing Risk Management Level 6 Online, 3 Maret 2025 Corpu BRI
Member/KTKT
Shifting Horizon for Internal Yogyakarta, July 2-3, Konferensi Auditor Internal /
Auditors: Navigating Emerging Risks 2025 Pendiidkan Internal Audit
Governance and Opportunities in
2025
Audit for tomorrow: Strategic future Medan, August 27-28, IIA Indonesia
ready sustainable 2025
Advanced Learning Program in Wealth Online, October 29, Certified Wealth Managers'
Management 2025 Association
Financial Accounting Standards (SAK) Bali, December 11-12, Ikatan Akuntan Indonesia
for Executives (Financial Accounting) 2025
758 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Types of Training and
Place and Time of
Name Position Competency Development / Organizer
Implementation
Training Materials
Tedi Nurhikmat Committee Audit for tomorrow: Strategic future Medan, August 27-28, IIA Indonesia
Member/KTKT ready sustainable 2025
Johanes Kuntjoro Committee Risk Management Certificate Program Online Training, May 23, BARa
Adisardjono Member/KTKT Refresher Seminar Levels 6 & 7 2025
Mandatory Refreshment Program for Rachmat Saleh LPPI LPPI
Level 6 Risk Management Certification Auditorium, November
for Bank Raya Commissioners 12, 2025
Hari Siaga Amijarso Committee Internal Auditor Conference Yogyakarta, July 2-4, YPIA
Member/KTKT 2025
Risk Management Certification Level 7 July 24, 2025 BRI - LSPP
GRC Management Workshop August 28, 2025 GRC Management
Flagship Seminar The 9th INDONESIA November 13, 2025 LPPI
RISK MANAGEMENT OUTLOOK 2026
XI National Conference of Risk November 27-28, 2025 LSPMR
Management Professionals
Agoosh Yosran Committee Risk Management Qualification Level LSPP Fatmawat, LSPP
Member/KTKT 4 September 1, 2025
Risk Management Qualification Level Jakarta, December 2025 BSMR
5
Martina Committee Implementation of Good Corporate Online, August 11, 2025 Compliance Division
Member/KTKT Governance (GCG) for the Board of
Directors of PT Pegadaian in 2025
Capability Building Bullion Jakarta, September 20 Corporate University
Competency to October 18, 2025 Division
Capacity Building (QRGP) Jakarta, November 27- CRMS Center for
28, 2025 Risk Management &
Sustainability
Accounting Capability Building Bogor, December 19-21, Corporate University
2025 Division
Nurhaida Committee the 11th Indonesian Finance Online, October 14, 2025 Indonesian Finance
Member/KTKT Association International Conference Association
Qualified Risk Governance Online November 6-7, CRMS
Professional (QRGP) Batch 1 training 2025
and certification
Kahlil Rowter Committee Corporate Governance Jakarta, September Fernandes Partnership
Member/KTKT 2025
Donsuwan Committee Continuing Education Program for Jakarta, August 2025 APEI
Simatupang Member/KTKT Directors & Commissioners - Capital
Market Risk Management
Diah Defawati Committee APPI National Seminar "Economic Online, September 2, APPI
Member/KTKT Outlook 2026" 2025
PT Bank Rakyat Indonesia (Persero) Tbk. 759
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Integrated Governance Committee Income
Remuneration for committee members who are members of the Board of Commissioners is part of the honorarium given to the
Board of Commissioners, and there is no special honorarium for each Committee member. Honorarium for Committee members
from independent parties (Non-Commissioners), the amount of the honorarium is determined by the Board of Commissioners
with a maximum amount of 20% of the Main Director’s salary and no other income is given apart from the honorarium. This
is in accordance with the provisions of the Minister of BUMN Regulation Number PER-3/MBU/03/2023 dated March 20, 2023
concerning Organs and Human Resources of State-Owned Enterprises.
Work Program and Implementation of Duties of The Integrated Governance Committee In 2025
No. Duties Implementation Date of Implementation
1 Performance Evaluation Update on Business Conditions for the Second Half of 2024, Future Strategic Tuesday, March 4, 2025
of Subsidiary Plans, and Implementation of Governance of PT Permodalan Nasional Madani
Financial Services (PNM)
Institutions
2 Update on Business Conditions for the Second Half of 2024, Future Strategic Tuesday, March 11, 2025
Plans, and Implementation of Governance of PT Pegadaian (Pegadaian).
3 Update on Business Conditions for the Second Half of 2024, Future Strategic Tuesday, March 18, 2025
Plans, and Implementation of Governance of PT BRI Ventura Investama (BRI
Ventures).
4 Update on Business Conditions for the Second Half of 2024, Future Strategic Tuesday, April 15, 2025
Plans, and Implementation of Governance of PT Asuransi BRI Life (BRI Life).
5 Update on Business Conditions for the Second Half of 2024, Future Strategic Tuesday, April 15, 2025
Plans, and Implementation of Governance of PT BRI Multifinance Indonesia
dan PT BRI Multifinance Indonesia
6 Performance Evaluation of PT Bank Raya Indonesia, Governance and Tuesday, April 22, 2025
Implementation of Supervisory Duties by the Board of Commissioners of PT
Bank Raya Indonesia Tbk for the Second Half of 2024
7 Update on Business Conditions for the Second Half of 2024, Future Strategic Tuesday, May 6, 2025
Plans, and Implementation of Governance of PT BRI Asuransi Indonesia
(BRINS)
8 Performance Evaluation, Governance, and Implementation of Supervisory Tuesday, May 20, 2025
Duties of the Board of Commissioners of PT BRI Danareksa Sekuritas (BRIDS)
for the first half of 2024 and Quarter I of 2025
9 Performance Evaluation, Governance, and Implementation of Supervisory Tuesday, May 20, 2025
Duties of the Board of Commissioners of PT BRI Danareksa Sekuritas (BRIDS)
for the second half of 2024 and Quarter I of 2025
10 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, August 26, 2025
Plans, and Implementation of Governance of PT Permodalan Nasional
Madani (PNM)
11 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, September 02,
Plans, and Implementation of Governance of PT Pegadaian 2025
12 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, September 09,
Plans, and Implementation of Governance of PT Asuransi BRI Indonesia 2025
(BRINS)
13 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, September 09,
Plans, and Implementation of Governance of PT BRI Life 2025
760 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No. Duties Implementation Date of Implementation
14 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, September 30,
Plans, and Implementation of Governance of PT BRI Manajemen Investasi 2025
(BRIMI)
15 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, September 30,
Plans, and Implementation of Governance of PT BRI Danareksa Sekuritas 2025
(BRIDS)
16 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, October 07, 2025
Plans, and Implementation of Governance of PT BRI Ventura Investama (BVI)
and Update on the Legal Case in the Investasi Tani Hub Group
17 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, October 14, 2025
Plans, and Implementation of Governance of PT Bank Raya Indonesia Tbk
(Bank Raya)
18 Discussion on the Reinventing Market Landscape Plan, BVI Historical Tuesday, November 04,
Performance, Strategy Roadmap, Pipeline Mapping and BVI Synergies, and 2025
TaniHub Updates
19 Update on Business Conditions for the First Half of 2025, Future Strategic Tuesday, November 04,
Plans, and Implementation of Governance of PT BRI Multifinance Indonesia 2025
20 Evaluation of the Integrated Risk Profile, Implementation of Integrated Compliance Function, Tuesday, February 11, 2025
Implementation of and Assessment of Integrated Internal Control Adequacy for the Second Half
Integrated Governance of 2024.
Functions
21 Update on the Follow-Up Actions Related to the Enactment of POJK No. Tuesday, June 10, 2025
30/2024; Request for Approval of the Financial Conglomeration Corporate
Plan
22 Evaluation of the Implementation of Integrated Governance of the Financial Tuesday, August 26, 2025
Conglomeration of PT Bank Rakyat Indonesia (Persero) Tbk for the First
Semester of 2025
23 Discussion on the Proposed Structure and Framework for Conglomeration Tuesday, December 9,
Management, the Financial Conglomeration Management Infrastructure, and 2025
the Implementation Journey of Financial Conglomeration Management
24 Strengthening Coordinate with work units regarding maturity levels August 26, 2025
Integrated Governance
Functions
25 Changes and Changes to KTKT Members through a Board of Commissioners Decree: Changes to KTKT
appointment of 1. Board of Commissioners Decree No. 15-KOM/BRI/11/2024, dated November Members through the
members of the BRI 11, 2024, concerning the Composition of the Integrated Governance Decree of the Board of
financial conglomerate Committee of PT Bank Rakyat Indonesia (Persero) Tbk. Commissioners on:
2. Board of Commissioners Decree No. 06-KOM/BRI/04/2025, dated April 15,
KTKT a. November 11, 2024
2025 concerning the Composition of the Integrated Governance Committee
of PT Bank Rakyat Indonesia (Persero) Tbk. b. April 15, 2025
3. Board of Commissioners Decree No. 11-KOM/BRI/11/2025, dated November c. November 3, 2025
3, 2025 concerning the Composition of the Integrated Governance
Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
PT Bank Rakyat Indonesia (Persero) Tbk. 761
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Corporate
Governance
During 2025, the Committee provided recommendations for 9. BRI Manajemen Investasi
each Subsidiary Company, with the following key highlights: • Periodic evaluation of work plan realization and
achievement of synergies.
1. BRI Insurance • Strengthening marketing capabilities and the
• Strengthening governance in data management, as competencies of investment professionals.
well as reconciliation of claims and receivables.
• Enhancing risk mitigation in high-risk business lines, Procedure for The Replacement of
including intra-group risk. Committees Under The Board of
2. BRI Finance Commissioners
• Optimizing ecosystem synergies within the BRI
Group Joint Financing schemes and KKB Referral Appointment and replacement of Committee members
programs. are determined in the Board of Commissioners' Meeting.
• Strengthening the effectiveness of business Specifically for Committee members originating from
processes, risk management, and internal controls. Independent Parties, the following provisions apply:
3. Bank Raya 1. Selected and appointed by the Board of Commissioners
• Accelerating the development of Merchant Financing through recruitment and selection mechanisms.
to reinforce its role as the Digital Attacker of the BRI 2. The tenure is determined in the Board of Commissioners'
Group. Meeting according to the contract duration and
• Strengthening rebranding strategies to enhance contractual worker regulations in the Company. The
competitiveness within the digital banking industry. Board of Commissioners may terminate their appointment
4. PNM before the contract period ends.
• Fundamental improvements in the management of
the AO function to enhance business quality and
sustainability. Organs and Committees Under The
• Support for increasing funding capacity through Board of Directors
regulatory strengthening and funding synergies.
5. Pegadaian Corporate Secretary
• Strengthening integrated risk management in the
development of bullion service businesses. The Corporate Secretary has the responsibility to assist
• Implementation of periodic stress testing on gold the Board of Directors and Board of Commissioners in
price volatility as part of risk mitigation measures. implementing corporate governance in accordance with
6. BRI Life the capital market regulations, particularly in the disclosure
• Strengthening risk management and RM capabilities to the public through the reporting to the government
to support portfolio balance and persistency ratio. agencies and announcement on website as well as printed
• Close monitoring of the implementation of the sharia media (if mandatory), including the implementation of the
unit spin-off roadmap in accordance with regulatory GMS. The Corporate Secretary serves as a liaison between
requirements and targeted timelines. the Company and external parties such as capital market
7. BRIDS regulators, shareholders, media and other stakeholders.
• Strengthening the capability and security of the
BRIGHTS digital platform and integration within the Basis of Appointment of A Corporate
BRI ecosystem. Secretary
• Formulation and implementation of a sustainable
digital transformation roadmap. The establishment of Corporate Secretary refers to the
8. BRI Ventura Investama following rules and prevailing laws:
• Alignment of investment strategies with Corporate 1. OJK Regulation No. 35/POJK.04/2014 on the Corporate
Venture Capital principles and groups' synergies. Secretary of Issuers or Public Companies.
• Strengthening governance and data-driven 2. Regulation of the Minister of SOEs No. PER-01/MBU/2011
investment policies to support sustainable growth. as amended by PER-09/MBU/2012, Ninth Part concerning
Corporate Secretary.
762 PT Bank Rakyat Indonesia (Persero) Tbk.
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2025
Structure of Corporate Secretary
President Director
Corporate Secretary Group
Group Head
Capital Market
Corporate Comnunication Sponsorship & Governance & Public Corporate Social Office of The Board
Departement Corporate Event Affairs Management Responsibility Department Department
Department Department
Departement Head Departement Head Departement Head
Departement Head Departement Head
Team Member:
(The highest position of a Team Member is a maximum of 1 level below Department Head)
Function:
• Corporate Communication • Sponsorship & Partnership • Capital Market Governance • Strategic Program and • BOC Executive Assistant
Strategy & Media Communication • Legislative Communication • BOC General Affairs
Placement • Budgeting & Operation • Regulatory • Business Support • BOD General Affairs
• Corporate Brand Communication (incl. • Strategic Performance • Payment & Administration • Office to the CEO
Communication & Content Museum Operation) • Monitoring, Development, • Budgeting & Administration
Development • Corporate Event & Reporting
• Reputation Management
The Corporate Secretary leads the Corporate Secretary 5. Corporate Social Responsibility Department manages
Division business unit in carrying out its functions with a the following functions:
position at the level of Executive Vice President. Corporate a. Strategic Program & Communication Team
Secretary Division is under the guidance of the President b. Business Support Team
Director. The Organization of the Corporate Secretary c. Payment & Administration Team
Division is in charge of: d. Monitoring, Development & Reporting Team
1. Corporate Communication Department manages the
following functions: The Appointment and Termination of The
a. Media Relations & Publication Team Corporate Secretary
b. Digital Brand Corporate Communication Team
c. Reputation Management Team 1. Pool of Candidates for Corporate Secretary through the
2. Sponsorship & Corporate Event Department manages Talent Committee (Human Capital Committee).
the following functions: 2. Nomination of Candidate for Corporate Secretary by the
a. Corporate Event Team Board of Directors.
b. Budgeting & Operation Communication Team 3. Discussion of EVP Corporate Secretary division Candidates.
c. Corporate Sponsorship & Partnership Team 4. Discussion of EVP Corporate Secretary division.
3. Capital Market Governance & Public Affairs Management 5. Approval by the Board of Commissioners.
Department manages the following functions:
a. Capital Market Governance Functions, Duties and Responsibilities of The
b. Legislative Team Corporate Secretary
c. Regulatory Team
d. Strategic & Performance Team The duties and responsibilities of the Corporate Secretary
4. Office of the Board manages the following functions: include, among others:
a. BOD General Affairs Team
b. BOC General Affairs Team General Duties and Responsibilities
c. Office to The CEO 1. The Corporate Secretary should at least:
d. BOC Executives Assistant a. Ensuring the Company's compliance with the
e. Budgeting & Administration Team prevailing laws and regulations regarding information
disclosure and the implementation of GCG.
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Corporate
Governance
b. Following the developments of the capital market, in Communications
particular the applicable stipulations, and laws and 1. Managing the functions of policy development,
regulations in the capital market. implementation, and evaluation of the Company’s
c. Providing services to stakeholders for any required communication/publication strategy.
information relating to the condition of the Company. 2. Manage brand image and brand positioning alongside
d. Providing input to the Board of Commissioners and the marketing communication unit.
the Board of Directors to comply with the prevailing 3. Foster good relations with print and electronic media,
laws and regulations in the capital market. institutions/agencies, and other external parties.
e. Providing information required by the Board of 4. Manage the provision of communication materials
Commissioners and Board of Directors periodically related to the Company.
and/ or at any time if requested. 5. Manage the drafting and analysis of responses/answers/
f. Assisting the Board of Commissioners and Board scripts, including responses/press conferences related
of Directors in implementing the Company’s GCG, to Company issues in the mass media in coordination
which includes: with relevant units.
− Information disclosure to the public, including 6. Manage the Company's Website and social media
the availability of information on the Company together with the service and marketing communication
Website. units.
− Timely submission of reports to regulators. 7. Managing the BRI Purwokerto Museum.
− Organizing and documenting the meetings
of the Board of Directors and/or the Board of CSR and Community Development
Commissioners (assisted by the Secretary of the 1. Manage the mapping of target communities for CSR &
Board of Commissioners). Community Development programs.
− Implementation of corporate orientation 2. Manage the implementation of CSR & Community
programs for the Board of Commissioners and/or Development programs.
Board of Directors.
g. Acting as a liaison officer or contact person between Capital Market Governance and Public Affairs Management
the Company and stakeholders. 1. Direct compliance related to regulations, capital markets,
h. Administering and recording the Company and others.
documents, including but not limited to the 2. Manage Company secretarial, administrative, and
Shareholders Register, Special List, and Minutes of documentation activities.
Board of Directors Meetings, Board of Commissioners 3. Manage stakeholder management.
Meetings, and GMS. 4. Manage the administration and documentation of the
i. Conducting corporate communication activities Board of Directors.
in order to maintain and enhance the Company’s
corporate image, including implementing external Protocol and Internal Services of the Board of Commissioners,
event programs, providing corporate sponsorship, Directors, and SEVP
and managing the Company’s museums. 1. Manage activities supporting the functions and activities
j. Managing the function of preparing the Company’s of the Board of Commissioners, Directors, and SEVP.
Annual Report, as well as the publication of Financial 2. Manage communication between the Board of
Statements and other important information/reports Commissioners, Directors, SEVP, and internal and
in print media, electronic media, and the Company’s external parties of the Company.
Website to related parties/regulators in accordance 3. Manage the provision of rights and facilities for the Board
with the prevailing laws and regulations. of Commissioners, Directors, and SEVP.
k. Organizing GMS and public expose. 4. Manage the preparation and analysis of speech materials,
l. Carrying out other activities required for corporate papers, hearings, presentations, interviews, and other
action. supporting materials for the Board of Commissioners,
2. To increase knowledge and understanding in carrying Directors, and SEVP.
out its duties, the Corporate Secretary shall attend 5. Manage the scheduling activities of the Board of
education and/ or training. Commissioners, Directors, and SEVP.
6. Manage the implementation and evaluation of protocols
and secretarial services for the Board of Commissioners,
Directors, and SEVP.
764 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Meeting Board of Commissioners and Board of Directors regarding
1. Ensuring the implementation of the Board of Directors the Company hence new members can immediately
Meeting periodically at least 1 (one) time every month. contribute to the Company. Particularly for new members
2. Ensuring the implementation of the Board of of the Board of Commissioners, the induction program
Commissioners Meeting at least 1 (one) time in 2 (two) is determined by the President Commissioner and/or
months. determined by the needs of members of the Board of
3. Ensuring the implementation of the Board of Directors – Commissioners. Furthermore, for new members of the
Board of Commissioners Meetings periodically at least 1 Board of Directors, the induction program is determined
(one) time in 4 (four) months. by the President Director and/ or determined by the
4. Ensuring the Meeting is held in accordance with the needs of the members of the Board of Directors. If there
Articles of Association, Guidelines, and Rules of the is a condition that the President Commissioner and/ or
Meeting and other stipulations. President Director are new members, then the orientation
5. Becoming a liaison for the Board of Commissioners, program is determined by Vice President Commissioner
Board of Directors and SEVP in coordinating the agenda or Vice President Director or 2 (two) Commissioners or 2
of routine and incidental meetings. (two) Directors in accordance with the provisions of the
6. Ensuring the agenda of the Meeting requires decision President Commissioner and/or the substitute President
making or matters that have a major impact on the Director according to applicable stipulations.
welfare of the Company. 2. Minimum requirements for basic information or
7. If necessary, reminding the Board of Commissioners and knowledge by the Corporate Secretary shall include:
Board of Directors that each discussion meeting will be a. Internal information or knowledge, among others:
focused primarily on the implementation of their duties − Articles of Association.
and responsibilities. − Duties, responsibilities, and authorities of
8. If necessary, remind the Board of Commissioners and members of the Board of Commissioners and
Board of Directors that the level of authority for matters members of the Board of Directors.
delegated is correct and obeyed. − Vision, Mission, and objectives of the Company.
9. Ensuring the Minutes of Meeting are administered in − Strategic plan of the Company.
accordance with the stipulations. − Financial performance of the Company.
− Segmentation of the Company's business,
General Meeting of Shareholders (GMS) products, and services.
1. Ensuring the implementation of the Annual GMS by − Bank risk management, risk profile, risk
the Board of Directors within the period of minimum 5 assessment and monitoring.
(five) months following the ended of the fiscal year or − Company Organizational Structure.
implementing other GMS at any time as required for the − Function of Internal and External Audit Units.
interest of the Company. − Other relevant information that can assist in the
2. Ensuring the series of conventions and administration of duties and performance of members of the Board
the GMS are in accordance with prevailing stipulations. of Commissioners and members of the Board of
3. Ensuring the appointment of the GMS Chairman prior to Directors.
the GMS convention. b. External information or knowledge, including:
4. Ensuring the GMS activity has included the decision − External developments covering political,
making in every agenda. economic, social, and technological aspects, etc.
5. Coordinating with related independent parties (Notary − The Company's position among competitors,
and Share Registrar) for the efficiency of the GMS customers, and other stakeholders.
convention. − The role and relationship with the government
6. Coordinating with related divisions on the formulation authorities in the monetary sector, as well as
and scenario in the GMS agenda. other authorized bodies.
7. Ensuring the GMS announcements and invitations − Relevant laws and regulations.
have been implemented according to the Articles of − Other external information relevant to the Board
Association and other rules. of Commissioners and Directors.
c. Preparation and distribution of documents during
Enhancement of Knowledge the induction/orientation period for newly appointed
1. Ensuring each member of the Board of Commissioners members of the Board of Commissioners and/or
and Board of Directors receives an adequate introduction Directors, including:
(orientation) program at the first opportunity and − Guidelines and Work Rules of the Board of
thereafter based on the needs. The objective of this Commissioners and Board of Directors.
program is to provide brief insights to each member of the − Company Articles of Association and its
amendments.
PT Bank Rakyat Indonesia (Persero) Tbk. 765
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Corporate
Governance
− Latest Annual Report. 2. The Annual Report is completed no later than the 4th
− Management Contract and latest Company plan. (fourth) month after the end of the current financial year
− Company Organizational Structure. and not later than the shareholder’s acceptance prior to
− Other documents, according to the request of the the GMS.
Board of Commissioners and Board of Directors. 3. Approval of the Annual Report is carried out at the GMS
3. Discussion on continuous self-development with the and shall be in one of the GMS agenda items.
relevant Boards of Commissioners and Directors, 4. The Corporate Secretary coordinates with the related
and preparing training program plans with the related business unit in preparing the Annual Report.
business unit.
4. Compiling information on trainings, both conducted Capital Market
domestically and abroad, based on information and 1. Following the developments in the capital market,
cooperation with related divisions. particularly regarding the prevailing capital market
5. Determining/providing recommendations on training regulations.
programs according to the needs of the Board of 2. Providing input to the Board of Directors to comply with
Commissioners and Directors or at the request of the the stipulations related to the capital market and other
Board of Commissioners and Directors. related regulations.
6. The Company orientation/induction program may take 3. As a contact person representing the Company to the
the form of presentations, meetings, visits, and document Capital Market Financial Services Authority, the Indonesia
studies or other programs deemed appropriate to the Stock Exchange, and Series A Dwiwarna Shareholders.
needs and requests of the Board of Commissioners and
Directors. Other
7. The implementation of education/training follows the 1. Manage the implementation of risk management in the
applicable educational requirements at BRI Corporate Corporate Secretary Division.
University. 2. Preparing a Functional Work Plan (RKF) and Work Plan &
Budget (RKA) in the Corporate Secretary Division.
Shareholders Registry and Ownership 3. Managing Human Capital, meeting the needs of the plan
1. The Corporate Secretary assists the Board of Directors in of employees, improving competence, and encouraging
managing the Shareholders Registry and Special Share performance so that the management of Human Capital
Ownership (Series A Dwiwarna), runs according to the policies in force in the Corporate
2. The Corporate Secretary assists the Board of Secretary Division.
Commissioners and Directors in reporting share 4. Providing documents/data/information related to audit
ownership to the Financial Services Authority upon implementation and the realization of follow-up audits at
shares ownership, either directly or indirectly, in a public the Corporate Secretary Division.
company ≥5% of the paid-up capital of the company. 5. Preparing reports at the Division/Department level to
3. The Corporate Secretary assists the Board of comply with applicable regulations and the needs of
Commissioners and Directors in reporting shares other business units or related agencies.
ownership to the Financial Services Authority if there is 6. Managing logistics and secretarial affairs at the Division/
a change in their ownership in a public company ≥0.5% Department level, including the use of logistics and
(zero point five percent) of the company shares paid up, secretarial related costs in accordance with applicable
either in 1 (one) or multiple transactions. regulations.
4. The reports referred to in number 2) and number 3) 7. Managing the development of application platforms/
must be submitted to the Financial Services Authority no systems in coordination with related divisions.
later than 10 (ten) days after the ownership or change in 8. Improving policies/provisions related to the output (work
ownership of the shares of the public company occurred. results) of the Corporate Secretary Division and other
Business Units (including among others: Service Level
Coordination of Annual Report Preparation Agreement/SLA, Operational Procedure Book/BPO, etc.).
1. The Annual Reports include at least Financial Highlights 9. Coordinating and cooperating at the Division/Department
Data, Board of Commissioners and Board of Directors level, as well as fostering good relations with other
Reports, Company Profile, Management Discussions and business units institutions or agencies or agencies or third
Analysis on the Company Performance, GCG, Financial parties, including, among other things, the procurement
Information, and other information deemed relevant in and implementation of Cooperation Agreements (PKS)
accordance with the developments of prevailing laws related to the duties of the Corporate Secretary Division.
and regulations. and the latest best practices.
766 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Profile of Corporate Secretary
Place and Year of Birth/Age
Born in Bogor, August 15, 1979. Age 46 years as of December 2025.
Education Background
- Bachelor of Agricultural Economics, Bogor Agricultural University, Bogor (2001)
- Master of Strategic Management, Bogor Agricultural University, Bogor (2009)
- Master of Business Administration, University of Florida, United States (2012)
Certification
Risk Management Certification Level 5
Work Experience
He began his career at BRI in 2005 with various positions including:
Agustya Hendy Bernadi* - Division Head Corporate Secretary, Head Office (1-8-2023 to 31-08-2025)
Corporate Secretary - Department Head International Business Division, Head Office (09/05/2022 to 31-7-2023)
- Deputy General Manager/Operations Manager, BRI New York Agency (01-07-2018 to 08-
05-2022)
- Head of Financial Institution Banks & Overseas Business Unit Management, International
Citizenship
Business Division, Head Office (01-03-2015 to 30-06-2018)
Indonesian citizen - Manager, Investor Relations Desk, Head Office (01-10-2012 to 28-02-2015)
Domicile Legal Basis for Appointment
Jakarta Served as BRI Corporate Secretary since August 1, 2023, based on Board of Directors
Decree No. 1613- DIR/HCB/08/2023, dated August 1, 2023. The appointment of the new BRI
Corporate Secretary has been reported to the OJK and published through the BRI website
and the Indonesia Stock Exchange.
*resigned from office since August 2025.
Place and Year of Birth/Age
Born in Padang, July 12, 1986. Age 39 years as of Desember 2025.
Education Background
- Bachelor of Economics, Andalas University, Padang (2003)
- Master Business of Administration, University of Birmingham, Inggris (2016)
Certification
Risk Management Certification Level 5
Work Experience
He began his career at BRI in 2010 with various positions including:
- Group Head, Corporate Secretary, Head Office(2025 s/d present)
Dhanny - General Manager, Singapore Branch Office (2024 s/d 2025)
Corporate Secretary - Business Department Head, Singapore Branch Office (2021 s/d 2023)
- Department Head, Syndicated Solution, Head Office (2019 s/d 2021)
- Sub Branch Head Banjaran, Regional Office Bandung (2014 s/d 2015)
- Marketing Manager, Cut Mutia Branch Office (2012 s/d 2014)
Citizenship
- Relationship Manager, Agribusiness Division (2010 s/d 2012)
Indonesian citizen
Legal Basis for Appointment
Domicile
Served as BRI Corporate Secretary based on Board of Directors Decree No.2740-DIR/
Jakarta HBS/08/2025, dated August 13, 2025. The appointment of the new BRI Corporate Secretary
has been reported to the OJK and published through the BRI website and the Indonesia Stock
Exchange.
PT Bank Rakyat Indonesia (Persero) Tbk. 767
Page 768
Corporate
Governance
Corporate Secretary Competency Development Program
Types of Training and Development Time and place
Name Materials Competence/Training Implementation
Organizer
Agustya Hendy Bernadi Internalization Training on Discipline Regulations October 23, 2025 Internal BRI
and Licensing for Authorized Officials in the
Discipline Enforcement
BSDP 0 Lateral Joiner For Auditor_Leader September 2, 2025 Internal BRI
Qualified Internal Auditor (QIA) Certification November 11, 2025 Qualified Internal Auditor
Certification Board
Elevate Talks : Optimizing the Utilization of Digital July 8, 2025 Dirjen Dukcapil
Population Identity in Indonesia
IHT Risk Mitigation and Porti Cash Accounting November 28, 2025 Internal BRI
Mechanism in SAP Application
Webinar on Business Process Supervision of KMK October 21, 2025 Internal BRI
WA Credit
2025 Webinar on Discipline Regulations and December 18, 2025 Internal BRI
Investigative Audit Mechanisms
Balance Sheet Mastery for Internal Audit Webinar November 26, 2025 Internal BRI
In House Training for Audit Workers in Region 10 - December 23, 2025 Internal BRI
RAO Semarang
IHT Leading People, Empowering Growth RO September 19, 2025 Internal BRI
Semarang
Dhanny The Team Lead Programme on Agility & Effective Juli 21 – 23, 2025 Singapore Management
Management University Executive
Development
Consultation Day TRB : Guide to LC Documentation April 4, 2025 Internal BRI
Mastery for Bankers : Elevating Client Service
Standards to Unlock the Trade Potential
Executive Development Program December 3, 2025 & INSEAD
January 26-30, 2026
Implementation of Duties of The Corporate Secretary in 2025
Month Print Online TV Total Quarter
January 852 19.252 205 20.309 71.503
February 1.002 22.397 292 23.691
March 877 26.399 227 27.503
April 704 19.012 169 19.885 62.114
May 866 22.109 186 23.161
June 752 18.229 87 19.068
July 1.037 24.839 202 26.078 84.801
August 1.380 30.182 429 31.991
September 1.480 24.768 484 26.732
October 1.219 23.891 246 25.356 76.642
November 1.034 22.728 166 23.928
December 1.095 26.048 215 27.358
Grand Total 12.298 279.854 2.908 295.060
768 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 769
Annual Report
2025
The implementation of corporate communication was carried The Corporate Secretary, serving as the supervisor of BRI’s
out by engaging various media outlets as strategic partners, Information and Documentation Management Officer (PPID),
including print, television, and online media. Communication carried out responsibilities in coordinating public information
initiatives were undertaken through the issuance of press services. Throughout 2025, BRI’s PPID received 28 public
releases, with the Company publishing a total of 467 press information requests, all of which were fully addressed in
releases throughout 2025, which resulted in 295,060 media accordance with the applicable regulations. The excellent
coverages across all media platforms. With this achievement, performance in public information management led BRI
BRI contributed a 37.72% share of voice within the banking to receive the “Informative” predicate in the State-Owned
industry. Enterprises (BUMN) Category in the 2025 Public Information
Disclosure Monitoring and Evaluation (Monev) conducted by
MSME constituted BRI’s primary media coverage theme. the Central Information Commission, with a score of 95.67.
As MSMEs represent BRI’s core business focus, they play a
key role in strengthening the national economy and directly The Corporate Secretary also acts as the Company’s
driving BRI’s performance growth. Accordingly, BRI’s press spokesperson in responding to inquiries from journalists,
release narratives placed greater emphasis on MSME accompanying members of BRI’s Board of Directors in
empowerment and the people-based economy. In addition, media interviews, organizing press conferences to enhance
publications concerning financial performance, Corporate the Company’s image, and conducting monitoring and
Social Responsibility (CSR), support for government clarification of negative news coverage or issues that may
programs, awards, as well as BRI’s products and services, potentially affect BRI’s reputation.
also became major coverage themes aimed at enhancing the
Company’s positive public image and serving as a source of In addition, the Corporate Secretary organized the BRI
reference information for investors. Fellowship Journalism 2025 program, a master’s degree
scholarship initiative for journalists at state universities in
In relation to BRI’s role as the title sponsor of Indonesia’s top-tier Indonesia. Through this program in 2025, BRI successfully
football league, the BRI Super League, over the past five years generated 2,679 published articles and awarded scholarships
being the most popular sport in Indonesia this sponsorship has to 45 journalists nationwide across various media platforms.
contributed significantly to BRI’s overall media exposure. As
of the end of December 2025, a total of 70,666 news articles Conduct of the General Meeting of Shareholders
regarding the BRI Super League had been published across During 2025, the Company held two (2) General Meetings
print, television, and online media platforms. of Shareholders (GMS), namely the Annual General Meeting
of Shareholders (AGMS) on 24 March 2025 and the
In addition, the Corporate Secretary conducted routine Extraordinary General Meeting of Shareholders (EGMS) on
monitoring of social media activities to maintain and further 17 December 2025, as reported in the GMS subsection under
enhance BRI’s positive corporate image. This positive image the Corporate Governance chapter of this Annual Report.
was built through content pillars focusing on corporate
values and achievements, working at BRI, and financial Transparency in Reporting and Information Disclosure
management, presented with engaging treatments tailored Throughout 2025, the Corporate Secretary carried out
to social media audiences. As a result, in 2025, BRI’s positive information disclosure reporting, routine reporting, incidental
sentiment on social media reached 91.31%. reporting, and/or data requests from regulators. The details
of these reports are presented in the Transparency in
Reporting subsection under the Corporate Governance
chapter of this Annual Report.
PT Bank Rakyat Indonesia (Persero) Tbk. 769
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Corporate
Governance
Internal Audit Business Unit
Summary of Internal Audit Unit Performance
The achievements of the Internal Audit Work Unit (SKAI) in 2025 assignments, including joint audit engagements, to ensure
were realized through the implementation of several development compliance with policies and processes with applicable
programs, as follows: regulatory requirements.
1. Strengthening Governance and Internal Audit Guidelines
In order to ensure the effective and independent execution A Trusted Assurance Provider, SKAI performs assurance and
of the internal audit function, and to align it with evolving advisory functions that play a vital role in safeguarding the
regulatory requirements and best governance practices, achievement of the Company’s objectives while taking into account
updates were made in 2025 to the Internal Audit Charter stakeholders’ expectations. In line with the 2026 aspiration, namely
and the Integrated Internal Audit Charter for Financial “To leverage technology and data analytics to deliver consistently
Conglomerates. In addition, Internal Audit Standard Operating high-quality internal audits and value-added insights”, SKAI’s
Procedures (SOP) for Overseas Units were developed strategy is focused on three main pillars as follows:
to enhance the consistency of audit implementation and 1. Technology is the technological capability enhancement
to support the application of standardized supervision that is carried out through the continuous development of
practices. the Audit Management System and the integrated utilization
2. Strengthening the Internal Audit Organization of data analytics. This transformation not only digitalizes
The strengthening of the Internal Audit organization was audit processes but also integrates them with other
carried out through structural adjustments at the Head internal systems to generate relevant insights that support
Office level, including the establishment of the Wholesale strategic decision-making. In addition, the implementation of
& Head Office Audit Unit, Retail Audit Unit, and IT Audit Continuous Auditing continues to be promoted to enhance
Unit. In addition, staffing adjustments were implemented in the effectiveness of supervision over technology- and
alignment with the enhanced roles of the first and second database-based operational work units.
lines within the Three Lines Model framework. These 2. People, is Human capital development which is focused
initiatives were undertaken to improve the effectiveness on enhancing auditors’ competence and professionalism
of Risk-Based Audits, supported by the implementation of through the establishment of an audit competency
Continuous Auditing utilizing data analytics, thereby enabling framework, training and certification needs analysis,
supervision to be conducted in a more focused, efficient, and competency profile mapping, provision of structured
measurable manner. development programs, as well as monitoring and evaluation
3. SKAI Benchmark of competency development implementation. Collaboration
As part of the strengthening and development of the IT audit with the Human Capital function is carried out to ensure
function, benchmarking activities were conducted in 2025 the readiness of auditors who are adaptive to evolving
with a bank as part of efforts to enhance the capability and risk dynamics, regulatory developments, and increasing
best practices of the internal audit function. business complexity.
4. Development of Emerging Risk Data 3. Integration & Collaboration is strengthening integration and
The development of data derived from emerging risks or collaboration, which is pursued through closer synergy
from sources that were previously unidentified. among the 1st line, 2nd line, and 3rd line within the Three Lines
5. Development of Data Analytics Dashboard Model framework, as well as continuous coordination with
The development was undertaken to serve as a structured subsidiaries. This approach aims to ensure alignment in risk
and data-driven risk monitoring and control performance management and internal control practices and to establish
tool, aimed at supporting the execution of audits that are an integrated, transparent, and value-added oversight
more responsive, measurable, and focused on high-risk mechanism for the Company as a whole.
areas.
In supporting the implementation of the three pillars and
6. Development of the Audit Management System (AMS) strengthening SKAI’s role as a Strategic Business Partner, several
The development was carried out by adding features to optimization areas have been identified as key focus areas, as
support the implementation of assurance surveys across follows:
all audit work units. Furthermore, enhancements and 1. Optimization of data analytics utilization to detect fraud and
further system developments were undertaken to establish internal control weaknesses at an earlier stage.
an integrated platform that supports the audit process 2. Enhancement of the effectiveness of audit follow-up actions
end-to-end, through the addition of various modules and through data-driven monitoring with a near real-time
features to improve the effectiveness and efficiency of audit approach.
management. 3. Availability of audit tools that effectively support audit
7. Implementation of Internal Control over Financial Reporting methodologies and strategies.
(ICOFR) 4. Development and enhancement of the Audit Management
The preparation of the ICOFR methodology and the System (AMS) and audit technology to improve the
implementation of ICOFR were undertaken to ensure that effectiveness and efficiency of audit activities.
financial statements are prepared in accordance with the 5. Fulfillment of staffing formations in accordance with
applicable accounting principles or financial reporting organizational requirements.
standards. 6. Strengthening of the organizational structure to be more
8. Strengthening Synergy among the 1st line, 2nd line, and 3rd line adaptive to developments in the business environment.
Periodic communication was conducted with the 1st line, 2nd 7. Mapping of Internal Auditor competency profiles in
line, and 3rd line, both online and offline, through the GRC accordance with professional standards.
(Governance, Risk Management, and Compliance), sharing 8. Enhancement of audit agility to ensure responsiveness to
Early Warning System tools, and regular monitoring. These business and risk dynamics, beyond the limitations of annual
initiatives were implemented as part of a strategy to enhance planning.
organizational governance, enterprise risk management, and 9. Strengthening the implementation of advisory activities to
overall regulatory compliance. ensure alignment with the Company’s internal policies and to
9. Integrated SKAI for Financial Conglomerates provide value-added contributions to the organization.
In 2025, the integrated internal audit function was 10. Fulfillment and development of auditor competencies in line
strengthened through the organization of the Integrated with the latest business and technological advancements.
Internal Audit Forum (IIAF) as a coordination and synergy 11. Strengthening audit capabilities in addressing emerging risks,
platform among entities within the financial conglomeration, including cyber risk, data privacy, and digital transformation.
aimed at ensuring alignment of supervision, updates on 12. Consistent and comprehensive implementation of the Global
regulatory policies, and monitoring of audit follow-up Internal Audit Standards 2024, while ensuring alignment with
actions. In addition, an Audit Implementation Guideline regulatory requirements and good corporate governance
was developed as a reference for the execution of audit practices.
770 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 771
Annual Report
2025
Legal References 13. Financial Services Authority Circular Letter No. 14/
SEOJK.03/2025 dated June 24, 2025, concerning the
1. Republic of Indonesia Law No. 7 of 1992 dated March Implementation of Governance for Commercial Banks.
25, 1992, on Banking, as last amended by the Republic 14. Financial Services Authority Circular Letter No. 21/
of Indonesia Law No. 6 of 2023, dated March 31, 2023, SEOJK.03/2017 dated June 6, 2017, concerning the
concerning the Stipulation of Government Regulation in Implementation of Risk Management in the Use of
Lieu of Law Number 3 of 2022, concerning Job Creation Information Technology by Commercial Banks.
into Law. 15. Financial Services Authority Circular Letter No. 35/
2. Republic of Indonesia Law No. 19 of 2003 dated June 19, SEOJK.03/2017 dated July 7, 2017, concerning Standard
2003, on State Owned Enterprises, as last amended by Guidelines for Internal Control Systems for Commercial
Republic of Indonesia Law No. 16 of 2025 dated October Banks.
6, 2025, concerning the Fourth Amendment to Law
Number 19 of 2004, concerning State Owned Enterprises. As part of the implementation of Good Corporate Governance,
3. Republic of Indonesia Law No. 27 of 2022 dated October BRI's Internal Audit Unit (SKAI) has a very important
17, 2022, concerning Personal Data Protection. role to support strategic business objectives through
4. Minister of State-Owned Enterprises Regulation No. effective assurance and advisory activities in accordance
PER-2/ MBU/03/2023 dated March 3, 2023, concerning with the company's direction and strategy. The effective
Governance Guidelines and Significant Corporate implementation of SKAI functions can provide assurance to
Activities for State Owned Enterprises. the company regarding the quality and effectiveness of the
5. Decision of the Deputy for Finance and Risk Management internal control system, risk management, and governance
of the Ministry of State Owned Enterprises of the system to protect the organization and the company's
Republic of Indonesia No. SK-7/DKU.MBU/10/2023 dated reputation.
October 26, 2023, concerning Technical Guidelines for
State Owned Enterprise Risk Management Reporting. In order to support the Company’s aspirations to realize BRI’s
6. Financial Services Authority Regulation No. 56/ Vision, namely ‘The Most Trusted Lifetime Financial Partner
POJK.04/2015 dated December 23, 2015, concerning for Sustainable Growth’, BRI’s Internal Audit Unit (SKAI)
the Establishment and Guidelines for the Preparation of implements a comprehensive, adaptive, and risk-based
Internal Audit Unit Charters. audit approach by integrating Risk-Based Internal Audit and
7. OJK Regulation Circular No. 18/POJK.03/2016 dated Agile Audit, supported by the implementation of Continuous
March 22, 2016, concerning the implementation of Risk Auditing. This approach enables continuous monitoring of
Management for Commercial Banks risks and controls, allowing for early detection of weaknesses
8. Financial Services Authority Regulation No. 1/ and swifter, more accurate management responses.
POJK.03/2019 dated January 28, 2019, concerning the
Implementation of Internal Audit Functions in Commercial Furthermore, BRI’s Internal Audit Unit (SKAI) applies the
Banks. Combined Assurance concept through effective coordination
9. Financial Services Authority Regulation No. 11/ and collaboration with the 1st line to the 2nd line functions,
POJK.03/2022 dated July 06, 2022 concerning as well as continuous communication between control
the Implementation of Information Technology by functions, to enhance the overall effectiveness of internal
Commercial Banks. control, risk management, and corporate governance.
10. Financial Services Authority Regulation No. 17 of
2023 dated September 14, 2023, concerning the Organization Structure of Internal Audit Unit
Implementation of Governance for Commercial Banks.
11. Financial Services Authority Regulation No. 12 of 2024 In carrying out its roles and functions, SKAI is supported by
dated July 31, 2024, concerning the Implementation of an independent organizational structure and an adequate
Anti-Fraud Strategies for Financial Service Institutions. number and competence of Auditors. Furthermore, BRI’s
12. Financial Services Authority Regulation No. 30 of Internal Audit Unit (SKAI) applies the Combined Assurance
2024 dated December 19, 2024, concerning Financial concept through effective coordination and collaboration
Conglomerates and Financial Conglomerate Parent with the 1st line to the 2nd line functions, as well as continuous
Companies. communication between control functions, to enhance the
overall effectiveness of internal control, risk management,
and corporate governance.
PT Bank Rakyat Indonesia (Persero) Tbk. 771
Page 772
Corporate
Governance
General Meeting of
Shareholders
Board of Commissioners
President Director
Audit Committee
Internal Audit
Audit Standard & Wholesale & Head Special Investigation
Retail Audit IT Audit Regional Audit Office
Quality Development Office Audit Audit
Audit Wholesale IT Strategy.
Micro & Whistleblowing
Development & Overseas Infrastructure Regional
Commercial System
& Quality Audit & Security Assurance
Department Department
Department Department Audit Dept.
IT Application
Audit Data Support & Consumer & Investigation
& Data
Analytic Others Audit Retail Funding & Forensic
Management
Department Department Department Department Assurance
Audit Dept
Team
Audit
Subsidiary
Technology & ICOFR Audit Regional
Audit
Performance Department Investigator
Department Unit Audit
Department
Intern
Liaison
Officer
Structurally, the Internal Audit Unit consists of work units (e.g., Corporate Business, Risk Management, Trade
for implementing audit activities and work units for Audit Finance, Treasury, and Overseas Work Units).
Standard & Quality development, with the details as follows: c) Retail Audit (RTA)
1. Audit Activity Implementation Work Units The organizational structure of Retail Audit consists
a) Regional Audit Office (RAO) of the Micro & Commercial Audit Department,
The Regional Audit Office (RAO) is conducting Consumer & Retail Funding Audit Department,
audit activities and providing advisory services as a Consumer & Retail Funding Audit Department, and
strategic business partner. Its audit scope includes Subsidiary Department. Each function is responsible
Regional Offices, Special Branch Offices, Branch for performing assurance and advisory activities on
Offices, Priority Service Centers, Sub-Branch Offices, the Head Office (e.g., Micro Business, Commercial,
Cash Offices, and BRI Units within its designated Consumer, SME, Retail Funding, and Financial
area. Currently, BRI operates 18 Regional Audit Conglomerate Members).
Offices, each aligned with 18 Regional Offices. The d) IT Audit (ITA)
strategic co-location of RAOs with Regional Offices The organizational structure of IT Audit consists of the
enhances the effectiveness and efficiency of SKAI’s IT Strategy Audit Department and the IT Application
assurance and advisory functions, considering BRI’s Audit Department. Each function is responsible for
decentralized business structure, governance, and performing assurance and advisory activities on
asset management responsibilities. systems, applications, and information technology
b) Wholesale & Head Office Audit (WHA) infrastructure used by the Head Office, Overseas
The organizational structure of Wholesale & Work Units, and Financial Conglomerate Members.
Head Office Audit consists of the Wholesale & e) Special Investigation Audit
Overseas Audit Department, Support & Others Audit The Special Investigation Audit is responsible for
Department, and ICOFR Audit Department. Each investigating suspected fraud cases and handling
function is responsible for performing assurance complaints from the Whistleblowing System, with full
and advisory activities on the Head Office activities authority to audit all BRI business units.
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2. Audit Standard & Quality Development (ASQ) Group
The Audit Standards & Quality Development Division (ASQ Division) is responsible for defining the vision, mission, and
strategic direction of BRI’s Internal Audit Directorate, conducting audit quality evaluations through internal reviews by the
Internal Audit Directorate, independent assessments, and internal quality assurance of BRI subsidiaries' Internal Audit
functions, developing and enhancing audit-related software and hardware to support audit execution, analyzing audit
results and preparing audit reports, Developing and managing data analytics and analytical tools for audit.
Below is the distribution of BRI Audit Units across Indonesia:
1 RAO Medan 2 RAO Pekanbaru 3 RAO Padang 4 RAO Palembang 5 RAO Lampung
6 7 RAO Bandung 8 RAO Semarang 9 RAO Yogyakarta
Audit Standard & Quality Wholesale &
Development Group Head Office Audit
Retail Audit Special Investigation 10 RAO Surabaya 11 RAO Malang 12 RAO Denpasar
RAO Jakarta 1 IT Audit
RAO Jakarta 2 RAO Jakarta 3 13 RAO Banjarmasin 14 RAO Makassar 15 RAO Manado
16 RAO Jayapura
1
2
15
3
16
4 13
5 14
6 8
7 9 10
11 12
Position of The Intern Audit Unit in The Organizational Structure
Structurally, BRI IAU is directly responsible to the President Director and has a line of communication with the Board of
Commissioners. In performing its duties, the Internal Audit Unit (SKAI) submits reports to the President Director or the Board
of Commissioners. Copies of SKAI’s duty implementation reports to the President Director are submitted to the Board of
Commissioners, the Audit Committee, and the Director in charge of the Compliance Function. The Audit Committee is under the
coordination of the Board of Commissioners and is structurally responsible to the Board of Commissioners. The IAU organization
is led by the SEVP Internal Audit.
Appointment and Termination of SEVP Internal Audit Unit
The head of the Internal Audit Unit is appointed and terminated by the President Director following the approval of the Board of
Commissioners by taking into account the recommendations of the Audit Committee. The appointment of SEVP IAU has been
reported to the Financial Services Authority.
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Profile of The Head of Internal Audit Unit
Place and Year of Birth/Age
Born in Kudus, July 2, 1978. Age 47 years as of December 2025
Education Background
- Bachelor of Economics from Islamic University of Indonesia, Yogyakarta (2000).
- Master of Commerce from The University of Queensland, Australia (2006).
Certification
- Chartered Accountant (CA)
- Indonesia Internal Audit Practitioner (IIAP)
- Certified Qualified Internal Auditor (QIA)
- Risk Management Certification Level 7
Work Experience
Yulianto Setiawan
SEVP Internal Audit (Head of SKAI) - SEVP of Internal Audit Unit (SKAI) ( 01 December 2024 – present)
- Internal Audit Head, Head Office Audit (21 June 2024 – 30 November 2024)
- Division Head Financial and Management Accounting (01 May 2021 – 20 June 2024)
- Division Head Change Management (01 December 2019 - 30 April 2021)
Citizenship
- Director of Finance of BRI Ventura Investama (BRI Ventures) (01 May 2019 - 30 November
Indonesian citizen 2019)
- Business Manager BRI Singapore Branch (01 January 2015 – 30 April 2019)
Domicile
South Jakarta
Legal Basis for Appointment
Board of Directors Decree of BRI Nokep: 4221-DIR/HBS/11/2024 dated November 29, 2024
Place and Year of Birth/Age
Born in Semarang, October 11, 1981. Age 44 years as of December 2025
Education Background
- Bachelor of Psychology from Gadjah Mada University, Yogyakarta (2004)
- Master of Management from Bina Nusantara, Jakarta (2023)
Certification
- Certified Qualified Internal Auditor (QIA)
- Risk Management Certification Level 5
Work Experience
- Group Head, Audit Standard & Quality Development (2025 - present)
Ardhi Setyarko - Division Head, Micro Business & Development (2023 - 2025)
Group Head Audit Standard & Quality - Vice President, Micro Business & Development (2022 - 2023)
Development - Vice President, CREDIT OPERATION GROUP (2021 - 2022)
- Assistent Vice President, MICRO SALES MANAGEMENT GROUP (2020 -2021)
Legal Basis for Appointment
Citizenship
Board of Directors Decree of BRI Nokep: R. 214 - DIR/HBS/ 01/2025 dated January 1, 2025
Indonesian citizen
Domicile
Bekasi
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Place and Year of Birth/Age
Born in Desa Tungkusan, May 9, 1976. Age 49 years as of December 2025
Education Background
- Bachelor of Management Economics from Universitas Muhammadyah Sumatra Utara,
North Sumatera (2002)
- Master of Business Administration (MBA from Missouri State University, Amerika (2012)
Certification
- Certified Qualified Internal Auditor (QIA)
- Risk Management Certification Level 5
Work Experience
Zainuddin Thalib Burutu - Internal Audit Head, WHOLESALE & HEAD OFFICE AUDIT (2025 - present)
Internal Audit Head Wholesale & Head - Internal Audit Head, HEAD OFFICE AUDIT (2025)
Office Audit - Senior Vice President, HUMAN CAPITAL BUSINESS PARTNER 1 GROUP (2024 - 2025)
- Regional Chief Audit, Regional Audit Office Medan (2022 - 2024)
- Division Head, MICRO SALES MANAGEMENT GROUP (2021 -2022)
- Vice President, Corporate Secertary Group (2019 -2021)
Citizenship - Desk Head, Corporate Secertary Group (2019)
Indonesian citizen - Department Head, Corporate Secertary Group (2016 - 2019)
Domicile Legal Basis for Appointment
Bekasi Board of Directors Decree of BRI Nokep: R. 214 - DIR/HBS/ 01/2025 dated January 1, 2025
Place and Year of Birth/Age
Born in Tuban, May 20, 1980. Age 45 years as of December 2025
Education Background
Bachelor of Electrical Engineering from Gadjah Mada University, Yogyakarta (2004)
Certification
- Certified Bank Internal Audit (CBIA)
- Certified Ethical Hacker (CEH)
- Certified Fraud Examiner (CFE)
- Certified Information System Auditor (CISA)
- Certified Qualified Internal Auditor (QIA)
- Lead Auditor ISO 37001:2016
Bangkit Ngabdianto - Risk Management Certification Level 5
Internal Audit Head Retail Audit Work Experience
- Internal Audit Head, RETAIL AUDIT (2025 - present)
- Regional Chief Audit, Regional Audit Office Denpasar (2024 - 2025)
- Division Head, Audit Standard & Quality Development (2022 - 2024)
Citizenship - Regional Assurance Head, Regional Audit Office Denpasar (2020 - 2022)
Indonesian citizen - Regional Assurance Head, Regional Audit Office Manado (2020)
- Group Head/Team Leader, Audit Standard & Quality Development (2016 -2020)
Domicile - Desk Head, Corporate Secretary Group (2019)
Bekasi Legal Basis for Appointment
Board of Directors Decree of BRI Nokep: R.2739-DIR/HBS/08/2025 dated August 1, 2025
Place and Year of Birth/Age
Born in Jakarta, January 14, 1981. Age 44 years as of December 2025
Education Background
- Bachelor of Computer Science from Bina Nusantara University, Jakarta (2003)
- Master of Management from Bina Nusantara University, Jakarta (2024)
Certification
- Certified Qualified Internal Auditor (QIA)
- Certified Forensic Auditor (CFrA)
- Business Continuity Certified Planner (BCCP)
- Certified Fraud Examiner (CFE)
- Certified Information System Auditor (CISA)
Ronald Setiadi - Certified Bank Internal Auditor (CBIA)
- Certified Data Center Professional (CDCP)
Internal Audit Head IT Audit
- Certified Data Center Specialist (CDCS)
- Certified Statement Analysis (CSA)
- Risk Management Certification Level 5
Citizenship
Work Experience
Indonesian citizen
- Internal Audit Head, IT AUDIT (2025 - present)
Domicile - Department Head, Audit Standard & Quality Development (2021 - 2025)
- Assistant Vice President, Digital & Technology Information Audit (2021)
North Jakarta
Legal Basis for Appointment
Board of Directors Decree of BRI Nokep: R.2739-DIR/HBS/08/2025 dated August 1, 2025
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Place and Year of Birth/Age
Born in Sido Rejo, November 29, 1984. Age 41 years as of December 2025
Education Background
- Bachelor’s Degree from University of Lampung (2006)
- Master of Law dari University of Bandar Lampung (2020)
Certification
- Certified Forensic Auditor (CFrA)
- Certified Fraud Examiner (CFE)
- Sertifikasi Auditor ISO 37001: 2016
- Risk Management Certification Level 4
Work Experience
Heddi Sabara
Temporary Internal Audit Head Special - Acting Internal Audit Head, SPECIAL INVESTIGATION AUDIT (2025 - present)
Investigation Audit - Department Head, SPECIAL INVESTIGATION AUDIT (2025)
- Internal Audit Head, SPECIAL INVESTIGATION AUDIT (2023 - 2025)
- Manager,Audit Standard & Quality Development (2021 - 2023)
Citizenship Legal Basis for Appointment
Indonesian citizen Board of Directors Decree of BRI Nokep: R.3285-DIR/HBS/09/2025 dated September 1, 2025
Domicile
Jakarta
Internal Audit Charter operationally both the planning, implementation, and
monitoring of the follow up of audit results.
SKAI has an Internal Audit Charter, established under the 3. Make independent, objective, and professional analysis
Joint Decree of the Board of Commissioners and the Board and assessments on finance, accounting, operations,
of Directors of BRI No. KU.01-DIR/ASQ/12/2025 dated and other activities through audits at all levels of BRI
December 16, 2025. The charter has been updated to align Business Units, and conduct special examinations if
with OJK Regulation No. 1/POJK.03/2019, dated January necessary.
29, 2019, regarding the Implementation of Internal Audit 4. To test and evaluate the implementation of internal
Functions in Commercial Banks. Additionally, it adheres to control, risk management systems, and governance
the International Standards for the Professional Practice of in accordance with company policies, prepare audit
Internal Auditing (ISPPIA) issued by The Institute of Internal result reports, and submit these reports to the President
Auditors (IIA). Director and the Board of Commissioners.
5. To conduct examinations and assessments of efficiency
BRI Internal Audit Charter is a guideline for the implementation and effectiveness in the areas of finance, accounting,
of internal audit functions for the implementation of audits operations, human resources, marketing, information
carried out by the Internal Audit Unit (SKAI), including technology, and other activities.
communication mechanisms with the auditee, the execution 6. To provide advisory services to add value and
of examinations of all Bank activities and functions, as improve the quality of control, risk management, and
well as the authority of SKAI to access the Bank’s records, corporate governance, provided that it does not affect
documents, and physical assets, including information independence and objectivity and that adequate
management systems and minutes of management resources are available.
meetings. In terms of SKAI functions integrated in financial 7. Provide suggestions for improvements and objective
conglomeration, SKAI also has a Financial Conglomerate information on the activities examined at all levels of
Integrated Internal Audit Charter as a guideline for the management.
implementation of integrated internal audits that must be 8. Prepare standards for the implementation of internal
adhered to by all SKAI of Financial Services Institutions audit functions that at least cover the matters stipulated
within the Financial Conglomerate. in the Internal Audit Professional Standards as a guide for
Internal Auditors in carrying out their duties.
Duties and Responsibilities of The Internal 9. To report significant findings to the President Director
Audit Unit and the Board of Commissioners for prompt corrective
actions.
1. To perform the internal audit function independently and 10. To monitor and report the results of follow-up monitoring
objectively. on the ratification of significant findings to the President
2. Assisting the duties of the President Director and the Director and the Board of Commissioners.
Board of Commissioners in oversight by describing 11. To develop quality improvement programs for the internal
audit function.
776 PT Bank Rakyat Indonesia (Persero) Tbk.
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12. Become a Liaison Officer for BRI external parties in a) Transfer of knowledge was organized between
relation to the audit function. external parties and members of the Internal Audit
Unit, considering the temporary use of external party
Function of The Head of Internal Audit expert services.
Business Unit b) The use of external party services does not affect the
independence and objectivity of the SKAI function.
1. Possessing adequate competence and capabilities to c) External parties comply with the BRI Internal Audit
lead an independent and objective internal audit function Charter.
as required by the regulator. 15. Ensure that if there was a request for audit documents by
2. Ensuring the implementation of the internal audit function an external party (related to litigation), coordination was
in accordance with the Internal Audit Professional made with the BRI Legal Function.
Standards. 16. Prepare and review the internal audit charter periodically,
3. Selecting competent human resources according to the at least once every 3 (three) years.
needs in carrying out the Internal Audit Business Unit‘s 17. The Head of The Internal Audit Business Unit obtains
duties. a written and transparent work assessment from the
4. Ensuring that the internal audit function was supported President Director and the Board of Commissioners
by adequate audit resources, methodologies, tools, based on the recommendations of the Audit Committee.
techniques, and audit technology.
5. To periodically evaluate the technology used by the Authority of The Internal Audit Business Unit
internal audit function and identify opportunities for
effectiveness and efficiency. The Internal Audit Business Unit has the authority at least:
6. To ensure that internal auditors comply with BRI’s internal 1. Access all information in full, free and unlimited about
regulations, provided they do not conflict with the BRI’s records, information, workers, funds and assets,
Internal Audit Charter. Any such conflict shall be resolved locations/ areas, and other resources related to the
or communicated to the President Director and the Audit duties and functions of the Internal Audit Business
Committee. Unit, including subsidiaries/ affiliates/financial service
7. Preparing measures for assessing the success of institutions owned by BRI, relating to the implementation
performance and achieving the objectives of the Internal of audits and consulting.
Audit Business Unit. 2. Conduct verification, interviews, confirmations, and other
8. To evaluate and develop the competence of each inspection techniques with customers or other parties
internal auditor through education, training, and other related to the implementation of audits and consultations.
professional development programs. 3. Communicate directly with the Board of Directors, Board
9. Prepare an annual audit plan and its amendments (if of Commissioners, and the Audit Committee.
any) and budget allocation for the implementation of the 4. Hold regular and incidental meetings with the Board
internal audit function of Directors, Board of Commissioners, and/or Audit
10. To communicate any significant changes in the annual Committee.
audit plan to the President Director, the Board of 5. Participate in strategic meetings without voting rights,
Commissioners, and the Audit Committee for approval. such as Board of Directors Meetings, ALCO Meetings,
11. Ensure that the implementation of internal audits is in Risk Management Committee Meetings, and others.
accordance with the internal audit plan, including the 6. Coordinate activities with external auditors related to
determination of objectives and scope, appropriate external auditor inspection activities.
assignments and adequate supervision, documentation 7. Allocate resources, set frequencies, determine scope
of work programs and test results, and communication of work, and apply techniques needed to achieve audit
related to assignment results, complete with conclusions objectives.
and recommendations to related parties. 8. Get help from other business units or use external party
12. Monitoring corrective actions on significant findings. services (such as advisory services) in conducting audits
13. To report the results of follow up monitoring on the if necessary.
remediation of significant findings to the President
Director and the Board of Commissioners, with copies Composition of Internal Audit Unit Personnel
to the Audit Committee and the Director in charge of the
Compliance Function. The IAU is committed to continue developing the quality,
14. In the event that there was use of external party services knowledge, skills, and competencies of the Auditors through
for internal audit activities, the Internal Audit Business continuous professional development. The following is
Unit ensured that: the data on the number of the Internal Audit Business Unit
Auditors on December 2025.
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Position Existing No Certification Name Total
SEVP 1 14 Computer Hacking Forensic Investigator 3
(CHFI)
Internal Audit Head / GH 5
15 DevOps Foundation Certified 4
Dept. Head 12
16 Information Technology Infrastructure 1
Team Member ASQ 72 Library (ITIL)
Team Member RTA 23 17 Indonesian Society of Appraisers (MAPPI) 1
Team Member WHA 29 18 Professional Scrum Master™ 1 1
Certifications
Team Member ITA 22
19 Project Management Professional 1
Team Member SPI 55
Total 61
Sub Total ASQ, WHA, RTA, ITA & SPI 219
Regional Chief Audit 18
B. National Certification
Regional Assurance Head 18
Team Member Regional Assurance 564 No Certification Name Total
Unit Audit Intern 215 1 Indonesia Internal Audit Practioner 1
Support Section 45 2 Chartered Accountant 1
Sub Total RAO 860 3 Certified Internal Audit Executive 1
Total 1.079 4 Certified International Register of 1
Certificated Auditors (IRCA)
5 Certified Qualified Internal Auditor 74
Professional Certification of Internal Audit
Unit Personnel 6 Certified Forensic Auditor 23
7 Certified Bank Internal Audit 32
To ensure the implementation of quality audit assignments,
8 Certified Governance Risk and Compliance 2
BRI IAU is supported by professional audit staff, who, Professional (CGRCP)
among them, have attained the national and international
9 Certification in Audit Committee Practices 1
certificates, as follows:
(CACP)
A. International Certification 10 Certified Risk Management Professional 1
(CRMP)
No Certification Name Total 11 Certified in Risk and Information Systems 1
Control (CRISC)
1 Certified Fraud Examiner (CFE) 18
12 Certified Wealth Management (CWM) 5
2 Certified Information System Auditor 10
13 Business Development Analysis 1
3 Lead Auditor ISO 27001:2013 and ISO 2
19011:2011 14 Certified Statement Analysis (CSA) 2
4 Lead Auditor ISO 37001:2016 3 15 Certified Professional Coach (CPC) 4
5 Lead Auditor ISO 9001:2015 IRCA 2 16 Certified Procurement Strategic 1
Approved
17 Risk Management Level 4 319
6 Big Data Administrator (BIG DATA) 2
18 Risk Management Level 5 53
7 Business Continuity Certified Planner 1
19 Risk Management Level 6 3
8 Certified Data Center Professional 1
20 Risk Management Level 7 1
9 Certified Data Center Specialist 1
21 BRI LSP Certification for Auditor Level 542
10 Certified Ethical Hacker 3
22 BRI LSP Certification for Manager Level 2
11 Certified Financial Planer 2
23 BRI LSP Certification for Supervisor Level 51
12 COBIT 2019 Foundation Certificate 3
24 BRI LSP Certification for UAI Level 1
13 COBIT 5 Foundation Certificate 2
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No Certification Name Total Number of
No Name of Educational Activity
Participants
25 Digital Marketing 1
6 BSDP Lateral Joiner 86
26 Compliance 2
7 Elearning* 9.175
27 General Banking 1 209
Notes (*):
28 Job Training and Assessor Certification 14 1. The BSDP Education Program was implemented in 16 activity themes, with an
average number of participants of 103 workers per theme.
2. The E-Learning Education Program was implemented in 23 activity themes,
29 BNSP Certification for First Anti- 1
with an average number of participants of 399 workers per theme.
Corruption Counselor
30 Basic Financing Certification - Managerial 2
Participation in The Internal Audit
31 BRI LSP Certification for Banking 48
Compliance (Compliance & Anti-Money
Professional Association
Laundering Officer)
To advance the insight and professional competence of
32 BRI LSP Certification for Banking Credit 7
internal audit, ISU has participated in the internal audit
33 BRI LSP Certification for Banking Credit 1 professional association, one of which is the participation of
34 Subject Matter Expert (SME) 3 IAU BRI in external organizations, such as:
Total 1,411
Name of Activity/
Position
Organization
C. The Internal Audit Business Unit Formal Educational
Qualifications Forum Komunikasi Satuan Deputy General Chairman,
Pengawas Intern (FKSPI) Deputy Treasurer and Deputy
No Education Total Division Head
Ikatan Auditor Internal Bank Deputy Secretary-General
1 S1 929 (IAIB) for Training, Education &
Development; Communication;
2 S2 109 Certification & Ethics; Research
& Development; Membership.
3 Other 41
Association of Certified Fraud Chapter as Deputi Derector of
Total 1.079 Examiners (ACFE) Indonesia Public Relation & Publication
Asosiasi Forensik Digital Member of Partnerships
Indonesia (AFDI)
Competency Development Program for
Internal Audit Unit Indonesian Forensic Auditor Legal, public relations and
Association (AAFI) cooperation division
The Internal Audit Unit Competency Development Program
is an ongoing effort to ensure auditors possess adequate, Certification of Internal Audit Unit
relevant, and aligned competencies with business
developments, regulations, and risk complexity, thereby The Internal Audit Work Unit has recertified ISO 9001:2015
enabling them to support the implementation of a high- related to the Quality Management System from the SGS
quality, value-added internal audit function. The following Indonesia Certification Institute on January 18, 2024. The
trainings were provided to Auditors in December 2025: ISO certification was given to all SKAI work units including
the Audit Standard & Quality Development Group, Head
Office Audit, Special Investigation Audit, and 18 Regional
Number of
No Name of Educational Activity Audit Offices.
Participants
1 IHT Special Request 606 Realizing the vision of SKAI BRI to become a reliable strategic
business partner in order to achieve BRI's vision and become
2 Public Course Dalam Negeri 28
a benchmark of best practice for Internal Audit Work Units
3 Public Course Luar Negeri 1 in Indonesia. This shows that SKAI BRI has implemented a
4 BLDP 155 quality management system in every audit implementation,
so that it can help realize the vision of SKAI BRI to become a
5 BSDP* 1.647
reliable Strategic Business Partner in order to achieve BRI's
vision and mission and become a Benchmark of Best Practice
for Internal Audit Work Units in Indonesia with international
standards.
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2) Professional precision
Internal auditors must exercis professional precision
in assessing the nature, circumstances, and
requirements of the services to be provided.
3) Professional Skepticism
Internal auditors must apply professional skepticism
in planning and performing internal audit services
by maintaining an inquisitive attitude, critically
assessing the reliability of information, being
straightforward and honest, and providing additional
evidence if information and statements are found to
be incomplete, incorrect, or misleading.
5. Maintaining Confidentiality
Internal auditors should respect the value and ownership
of information received by using it only for professional
purposes and protecting it from unauthorized use.
Audit Management System
To support the effectiveness of the internal audit function,
an Audit Information Management System is a strategic
Auditor Ethics and Professionalism requirement for the Internal Audit Unit. The implementation
of an Audit Management System (AMS) serves as a means
Internal auditors are required to adhere to ethical and of managing an integrated, efficient, and adequately
professional standards. These standards include principles documented audit process, encompassing the stages of
such as: planning, implementation, reporting, and monitoring the
1. Having Integrity follow-up of audit results in an end-to-end, data-driven
Behavior that reflects adherence to moral and ethical manner. Therefore, the Audit Information Management
principles, including demonstrating honesty and the System is designed as a centralized platform (single
courage to act based on relevant facts. source of truth) that supports the standardization of audit
2. Maintaining Objectivity methodology, improving the quality and consistency of
An impartial mental attitude that enables internal audit implementation, and strengthening transparency
auditors to make professional judgments, fulfill their and accountability. This system is an enabler for the
responsibilities, and achieve Internal Audit objectives transformation of the internal audit function in increasing
without compromise. added value and the timely delivery of audit results to
3. Having Competence management and relevant stakeholders.
Apply knowledge, skills and abilities to fulfill roles and
responsibilities well. Audit Methodologies
4. Applying Professional Due Care
Internal Audit applies due professional care in planning The Internal Audit Work Unit implements the Risk-Based
and implementing internal audit services. The following Internal Audit (RBA) and Agile Audit methodologies in carrying
is the application of due professional care by Internal out the audit function by focusing on highrisk areas. The
Auditors: audit universe is determined by considering the company's
1) Compliance with Internal Audit Professional Standards objectives, the results of an evaluation of risks that could
Internal auditors must follow the Internal Audit potentially hinder the achievement of those objectives, and
Function Standards and methodologies when an assessment of the adequacy and effectiveness of the
planning and performing internal audit services and internal control system in mitigating risks. With this approach,
communicating the results. audit implementation is directed toward high-risk areas that
have the potential to significantly impact the achievement of
the company's objectives.
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To support the efficiency and effectiveness of the implementation of Risk-Based Internal Audit, SKAI utilizes Computer Assisted
Audit Techniques (CAATs) as an audit analytical tool to improve the quality, accuracy, and depth of testing. The Risk-Based
Internal Audit methodology is applied in both assurance and advisory activities, including at the annual audit planning and
assignment planning stages, in determining audit areas or objects such as work units, business processes, and information
technology audit objects. The approach used is based on business processes and activities, where business processes are
understood as a series of activities that transform inputs into value-added outputs, regardless of the organizational structure,
technology, or level of automation used.
Agile Audit is a work approach and mindset adopted by the Internal Audit function to increase focus on stakeholder needs
and expectations, accelerate the audit cycle, encourage timely delivery of insights, reduce non-value-added activities, and
produce more effective audit documentation. In its implementation, Agile Audit can be applied through various methods, one
of which is the Scrum method, which emphasizes the implementation of audit activities iteratively and incrementally to provide
continuous value to the organization. This approach is based on the principles of the agile manifesto, which emphasizes
intensive collaboration, orientation towards stakeholder satisfaction, and the ability to respond adaptively to change throughout
the audit cycle.
In addition to implementing Risk-Based Internal Audit and Agile Audit, Internal Audit Unit (SKAI) also developed and implemented
a Continuous Auditing approach as part of strengthening ongoing and adaptive oversight of risk dynamics. This approach
enables more continuous monitoring and testing through the use of data and analytics. The results of this continuous monitoring
are used as a basis for refining risk assessments, adjusting audit scopes, setting assignment priorities, and delivering early
warnings and relevant insights to management. Thus, Continuous Auditing serves not only as an early detection tool but also
as a supporting mechanism for decision-making, strengthening risk prevention and continuously improving the effectiveness of
governance, risk management, and internal control systems.
Brief Report on The Implementation of Internal Audit Activities in 2025
The audit was carried out in accordance with the Annual Audit Plan (PAT) which has been approved by the President Director
and President Commissioner. During 2025, SKAI carried out regular audits on 5,695 business units or reached 110% of PAT with
the following details:
Work unit 2025 Target Audit Realization Achievement
Group 3 3 75%
Regional Office 18 18 100%
Regional Audit Office 18 18 100%
Branch office 220 306 139%
Branch Office 217 297 137%
Cash Office 151 252 167%
BRI Unit 1.775 4.795 270%
Overseas Work Unit 3 3 100%
Subsidiary Company 2 3 150%
Total 2.409 5.695 236%
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Intern Audit Unit Meeting
The Internal Audit Unit has a meeting policy, namely being able to hold periodic and incidental meetings with the Board of
Directors, Board of Commissioners and the Audit Committee. The BRI Internal Audit Business Unit can attend strategic meetings
without having voting rights, such as ALCO meetings, Risk Management Committee meetings and, Integrated Governance
Committee meetings, and the Product Committee.
During 2025, The Internal Audit Business Unit has held 145 times meetings with the Board of Directors, Board of Commissioners,
Committees under the Board of Commissioners and Committees under the Board of Directors, with details as follows.
No Information Number of Meetings
1 Board of Commissioners 13
2 Board of Directors 71
3 Board of Commissioners and Directors 5
4 Audit Committee 7
5 Risk Management Monitoring Committee 9
6 Integrated Governance Committee 21
7 Product Committee 19
Total 145
Findings and Follow-Up on Audit Results
The Internal Audit Business Unit carries out regular monitoring of commitments to improve internal control weaknesses in
accordance with recommendations from The Internal Audit Business Unit, Supervisors and External Auditors. The results of
monitoring the implementation of management commitments up to December 31, 2025 are as follow:
No RPM Monitoring Results Number of Recommendations % Recommendation
1 Adequate 82.552 99,74%
2 Inadequate - -
3 Under Monitoring 212 0,26%
Total 82.764 100,00%
Note:
1) There were no recommendations that received an “inadequate” opinion in 2025.
2) Monitoring includes follow-up commitments that have not yet matured in 2025.
The Liaison Officer Function of SKAI has monitored the progress of follow-ups and corrective actions based on findings from
External Auditors and Regulators. The results of management’s commitment monitoring regarding the findings of External
Auditors and Regulators as of December 31, 2025, are as follows:
Number of Commitments
Not finished yet
No Examining Agency
Total
Finished
Commitment Within the Missed the
deadline deadline
1 Financial Services Authority 766 746 20 -
2 Indonesian Financial Audit Agency (BPK) 260 203 57 -
782 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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Number of Commitments
Not finished yet
No Examining Agency
Total
Finished
Commitment Within the Missed the
deadline deadline
3 Bank Indonesia (BI) 82 82 - -
4 Public Accounting Office Ernst & Young (EY) 195 183 12 -
5 Kustodian Sentral Efek Indonesia (KSEI) 11 11 - -
Total 1.314 1.225 89 -
Risk Management Unit
Risk Management Directorate Performance Summary 2025
Risk Management is implemented across all banking activities in accordance with regulatory requirements. The process
involves continuous risk identification, measurement, monitoring, and control, which are carried out through the three
lines model.
The first line, as the risk-owning unit, is directly responsible for identifying and managing risks within business processes,
which include the Core Risk Taking Units and Supporting Risk Taking Units. The second line, which consists of the Risk
Management and Compliance functions, operates as an independent unit that measures, monitors, and mitigates risks
at an aggregate level while also developing methodologies and policies for Risk Management. The third line, represented
by the Internal Audit function, ensures that governance and risk control mechanisms are effectively implemented by the
company.
BRI's Risk Management Business Unit is reflected in the BRI Risk Management Organization as follows:
Risk Management
Director
Risk Management Work Unit Retail Risk sub Wholesale Risk sub
(SKMR) Directorate SEVP Directorate SEVP
Market, Portfolio & Micro & Consumer Corporate Credit
Operational Risk Group
Enterprise Risk Group Collection Group Risk Group
Credit & Product Risk Wholesale & SME
Digital Risk Group Small Risk Group
Policy Group Recovery Group
IT & Fraud Risk Group Commercial
Consumer Risk Group
Credit Risk*
* There is an Executive Risk
Officer (ERO) function.
Micro Risk Group
PT Bank Rakyat Indonesia (Persero) Tbk. 783
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Corporate
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Duties and Responsibilities of Risk Management
1st Line 2nd Line 3rd Line
Optimalisasi Risk & Return
Independent
Business Unit Assurance
(Core Risk Taking Unit)
Risk Supporting Risk Policy
Unit Making Unit
Internal Audit
Operation Work Unit
(Supporting Risk Taking Unit)
Risk Owner Work Unit SKMR SPI
The Risk Management Unit is an independent unit separate from the Risk-Taking Unit and Internal Audit Unit (SKAI), consisting
of the Risk Supporting Unit and Risk Policy Making Unit, with the following duties and responsibilities:
1. Risk Supporting Unit
a. Develops procedures and tools for identifying, measuring, monitoring, and controlling risks to support the supervision
process.
b. Monitors the implementation of policies, strategies, and guidelines for risk management applied by the RiskTaking Unit.
c. Tracks overall risk position/exposure (composite), as well as by risk type and functional activity, including compliance
monitoring with risk tolerance and established limits.
d. Reviews proposals for new products and/or activities, including an assessment of BRI’s capability to execute new
activities/products and evaluations of proposed system and procedural changes.
e. Conducts regular reviews and/or as needed to ensure the adequacy of risk management policies, strategies, and
guidelines, the accuracy of risk assessment methodologies, and the adequacy of the Risk Management Information
System.
f. Prepares and submits mandatory reports to regulators in compliance with applicable regulations.
g. Provides recommendations to the Risk-Taking Unit within its designated authority.
2. Risk Policy Making Unit
a. Develops policies and strategies for Risk Management implementation.
b. Formulates, evaluates, and submits proposals for the determination of Risk Appetite, Risk Tolerance, and Risk Limits to
the Board of Directors, taking into account inputs from the Risk-Taking Unit.
c. Develops procedures and tools for identifying, measuring, monitoring, and controlling risks.
d. Monitors overall risk position/exposure (composite), as well as per risk type and functional activity, including compliance
monitoring with risk tolerance and established limits.
e. Conducts stress testing periodically or as needed to assess the impact of economic changes on portfolio performance
and overall business operations.
f. Evaluates the accuracy of risk models and validates the data used for risk measurement.
g. Prepares and submits Risk Management monitoring reports along with improvement recommendations to the Board of
Directors through the Risk Management Committee.
h. Conducts regular reviews and/or as needed to ensure the adequacy of risk management policies, strategies, and
guidelines, the accuracy of risk assessment methodologies, and the adequacy of the Risk Management Information
System (RMIS).
i. Prepares and submits mandatory regulatory reports in compliance with applicable regulations.
784 PT Bank Rakyat Indonesia (Persero) Tbk.
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PROFILE OF THE HEAD OF THE DIVISION IN RISK MANAGEMENT
Place and Year of Birth/Age
Born in Bandung, November 1980. Age 45 years as of Desember 2025
Education Background
- Bachelor of Electrical Engineering Gadjah Mada University (2003)
- MBA Melbourne Business School (2012)
Certification
Risk Management Certification Level 6
Work Experience
- Group Head Market, Portfolio & Enterprise Risk (2025)
- Department Head Enterprise Risk - Market, Portfolio & Enterprise Risk Division (2021)
Wita Adriawati - Department Head Wholesale Credit Risk - Micro, SME, Consumer Credit Risk & Policy
Market, Portfolio & Enterprise (2020)
Risk Group Head - Department Head Corporate Planning – Divisi Corporate, Development & Strategy (2017)
Legal Basis for Appointment
Served as Market, Portfolio & Enterprise Risk Group Head based on Board of Directors
Citizenship
Decree No. 2215.e-DIR/HBS/07/2025 dated July 2, 2025.
Indonesian citizen
Domicile
Jakarta
Place and Year of Birth/Age
Born in Semarang, May 12, 1972. Age 53 years as of December 2025
Education Background
Bachelor of Accounting Economics, Diponegoro University (1997)
Certification
- Certified Associate Wealth Manager (AWM)
- Certified Wealth Management (Level 4-7)
- Risk Management Certificate Level 5
Work Experience
- Group Head Operational Risk (August 2023-present)
Dodo Marjanto - Credit Restructuring & Recovery Division Head (May 2023-July 2023)
Operational Risk Group Head - Regional Risk Management Head RO Semarang (November 2022-April 2023)
- Regional Risk Management Head RO Denpasar (September 2021-June 2023)
- Regional Risk Management Head RO Bandar Lampung (October 2020-August 2021)
Legal Basis for Appointment
Citizenship
Board of Directors Decree No. R.697-DIR/HCB/07/2023 date 20 Juli 2023 concerning the
Indonesian citizen reassignment of BRI officials.
Domicile
Jakarta
PT Bank Rakyat Indonesia (Persero) Tbk. 785
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Place and Year of Birth/Age
Born in Tanjung Karang, September 02, 2976. Age 49 years as of December 31, 2025
Education Background
- Bachelor of Environmental Engineering, Bandung Institute of Technology (1995-2000)
- Master of Business Administration, Gadjah Mada University ( 2019-2021)
Certification
- Risk Management Certificate Level 6
- Information System Auditor
Work Experience
- Group Head, IT & Fraud Risk Group (2025 - present)
Evi Dempowati - Senior Vice President of PT Bank Mandiri Tbk, Retail Deposit Product & Solution Group
IT & Fraud Risk Group Head – ITF (2020 - 2025)
- Commissioner of PT Penyelesaian Transaksi Elektronik Nasional (PTEN) (2020 - 2025)
- Vice President of PT Bank Mandiri Tbk, Retail Product Delivery & Fraud Risk Group (2015-
2020)
Citizenship Legal Basis for Appointment
Indonesian citizen Served as IT & Fraud Risk Group Head based on Decree Nokep. B.170-HSC/ERB/09/2025
Domicile
Jakarta
Place and Year of Birth/Age
Born in Pontianak, August 31, 1978. Age 47 years as of December 2025
Education Background
- S1, Bandung Institute of Technology (2001)
- MSc, University Fachhochschule Ravensburg – Weingarten (2003)
Certification
- Risk Management Certificate Level 5
- Information Technology Infrastructure Library (ITIL)
- Risk Governance Professional Certification (CRGP)
Work Experience
Nugroho Pancayogo - Group Head, Digital Risk Management (2023 - present)
Digital Risk Group Head - Department Head, IT Enterprise Architecture Department (2021 - 2023)
- VP, Application Management & Operation Divison (2020 - 2021)
Legal Basis for Appointment
Served as Digital Risk Division Head based on Decree Nokep. 395.e-DIR/HCB/09/2023
Citizenship
Indonesian citizen
Domicile
Jakarta
786 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Place and Year of Birth/Age
Born Bandung, February 16, 1973. Age 52 years as of December 2025
Education Background
Bachelor of Agriculture, Padjadjaran University
Certification
Risk Management Certificate Level 5
Work Experience
- Group Head, Credit & Product Risk Policy (2025)
- Executive Risk Officer (2024 – 2025)
- Regional Chief Audit, Regional Audit Office Padang (2023 – 2024)
Dhewayani Widyasari - Regional Risk Management Department Head, Regional Risk Management Department
Credit & Product Risk Policy Group Head (2020 – 2023)
- Group Head, Credit Risk Analysis Division (2014- 2020)
Legal Basis for Appointment
Served as Credit & Product Risk Policy Group Head based on Board of Directors Decree
Citizenship
No.91e-DIR/HBS/07/2025 dated July 1, 2025
Indonesian citizen
Domicile
Bandung
Competency Development of Risk Management
Education and competency development programs for 2025 were as follows:
No Program Name Topics/Description
1 Risk Upgrade Series 1 Hospital Financing and Healthcare Business
2 The Urgency of Personal Data Protection in Ensuring Business
Continuity
3 Anti-Fraud Strategy Policy & Socialization of the Integrity Pact
4 The Impact of Climate Change on Business Continuity Management
5 Term Loan Facility
6 Fraud Mitigation in Savings Account Opening and Debiting Activities
7 Socialization and Education of Fire Disaster for Work Units
8 Ensure Business Continuity with Cyber Resilience
9 The Impact of Trump's Reciprocal Tariff Policy on the Manufacturing
Sector in Indonesia
10 The Importance of Service Standards Under Normal and Crisis
Conditions (Disasters) in Supporting Business Continuity Management
11 Socialization of RCSA Assessment for Semester 1, 2025
12 Working Capital Loans (KMK)
13 Operational Risk News
14 Socialization of FMR and LED
15 Implementation of Business Continuity Management to Support
Business Continuity
16 Socialization of RRM Team SOP
17 BankWide Risk Profile
18 Ensure Business Continuity with Healthy, Safe and Eco Friendly
Workplace
19 A complete explanation of Whistle Blowing System
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No Program Name Topics/Description
20 Securities Management Using BRIFAMP
21 Are the K3 facilities and infrastructure in your business unit complete?
22 Preparation of Risk Assessment Plan (RAP)
23 Develop & Assessing Business Continuity Plan to Assure BRI Business
Continuity
24 Socialization of RCSA Assessment for Semester 2, 2025
25 Implementasi BCM Tools
26 Socialization of BRI Peduli 2025 - Sustainable Corporate Responsibility
Planning
27 The Silent Killer: "Recognize and Prevent Cervical Cancer Early"
28 Developing and Assessing Business Continuity Plan to Assure BRI
Business Continuity
29 Gratification is not a blessing
2 Risk Management Certification Orientation 1 Provision of Risk Management (RM) Level 4 for 6 (six) Competency
Units
2 Provision of RM Level 5 for 8 (eight) Competency Units
3 Provision of RM Level 6 for 3 (three) Competency Units
4 Provision of RM Level 7 for 4 (four) Competency Units
3 Risk Management Certification Refreshment 1 Refreshment MR Level 4 - Managing Liquidity Risk: Optimizing Assets &
Liabilities Through Market & Liquidity Risk Management
2 Refreshment MR Level 4 - Managing Market Risk: The Impact of
Changes in Interest Rates and Exchange Rates on BRI's Market Risk
3 Refreshment MR Level 4 - Managing Credit Risk: Credit Risk Mitigation
4 Refreshment MR Level 4 - Managing Operational Risk: Fraud Risk
Mitigation
5 Refreshment MR Level 4 - Managing Investment Risk: Reviewing Return
Risk and Investment Risk in Banking
6 Refreshment MR Level 4 - Managing Return Riskl: Reviewing Return
Risk and Investment Risk in Banking
7 Refreshment MR Level 5 - Managing Legal Risk: Compliance Risk
Management and Legal Risk
8 Refreshment MR Level 5 - Managing Risk Managing Compliance Risk:
Managing Compliance Risk and Legal Risk
9 Refreshment MR Level 5 - Managing Strategic Risk: BRI's Economic
Outlook, Challenges, and Strategic Responses
10 Refreshment MR Level 5 - Conducting Stress Testing and Back Testing:
Building Bank Resilience Through Stress Testing and Backtesting
11 Refreshment MR Level 5 - Analyzing the Needs of Information Systems
and Risk Management Infrastructure: Personal Data Protection from the
Perspective of 8 Banking Risks
12 Refreshment MR Level 5 - Managing Reputational Risk: Personal Data
Protection from the Perspective of 8 Banking Risks
13 Refreshment MR Level 5 - Managing Insurance Risks
14 Refreshment MR Level 5 - Managing Intra-Group Transaction Risks
15 Refreshment MR Level 6 - Analyzing Risk Coverage based on the
Bank's Vision, Mission, and Business Strategy
16 Refreshment MR Level 6 - Establishing the Structure, Responsibilities
and Procedures for Bank Risk Management (Risk Governance)
788 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Program Name Topics/Description
17 Refreshment MR Level 7 - Developing a Risk Appetite Framework
18 Refreshment MR Jenjang 7 - Responding to Risk
4 Training for Trainer (ToT) Risk Management 1 Managing Liquidity Risk
(SMR) Certificate Level 4
2 Managing Market Risk
3 Managing Credit Risk
4 Managing Operational Risk
5 Managing Investment Risk
6 Managing Return Risk
5 Training for Trainer (ToT) Risk Management 1 Managing Legal Risk
(SMR) Certificate Level 4
2 Managing Risk Managing Compliance Risk
3 Managing Strategic Risk
4 Conducting Stress Testing and Back Testing
5 Analyzing Information System and Risk Management Infrastructure
Needs
6 Managing Reputational Risk
7 Managing Insurance Risk
8 Managing Intra-Group Transaction Risk
6 Mandatory Risk (e-learning) 1 Anti Fraud Strategy
2 Risk Culture
3 Risk Management Overview
4 BCM & K3
7 Mandatory Digital Risk (e-learning) 1 Pelindungan Data Pribadi (PDP)
8 On-Boarding Education of RM Function in Head 1 Best Practice dan Three Line Model
Office Group
2 Overview of MR Functions and Introduction to Risk and Control
3 Risk Management Tools: Risk & Control Self Assessment (RCSA), Loss
Event Data Base (LED), RM Forum, Maturity
4 The Role of RM Function in Product and Procurement Risk Management
5 Completing FRA Forms 01, 02, 03, 04 and Procurement Risk
Assessment Forms
6 The Role of RM Function in Risk Identification and Control in Business
Processes (BPM)
Filling in the Identification Template from the 1st Line
9 Enhance Understanding on Risk Assessment of 1 IT Risk Management
Applications
2 Practice / Simulation of Using Risk Assessment for Applications (New
Version)
10 Enhance Understanding On Third Party Risk 1 Overview of the Digital Risk Management Framework and Standards
Management
2 Explanation of the Methodology and Completion of the Digital Partner
Worksheets
3 Practice on Filling Out Worksheets of Third Party Risk Assesment
(TPRA) and Third Party Privacy Assement (TPPA) Digital Partner
4 Explanation of the Methodology and Completion of the IT Service
Provider's Working Papers (PPJTI)
5 Practice on Filling Out Worksheets of Third Party Risk Assesment
(TPRA) dan Third Party Privacy Assement (TPPA) PPJTI
6 Overview of the process and implementation of worksheets in the
Integrated Risk Management System (IRMS)
PT Bank Rakyat Indonesia (Persero) Tbk. 789
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Corporate
Governance
No Program Name Topics/Description
11 Retention and Management of Personal Data 1 Personal Data Retention
Protection Failure Incidents
2 Personal Data Protection Failure
12 BCM Tools ToT Education and Crisis 1 Ensuring Business Continuity with IT Resilience
Management Team Training for Regional Offices
2 The Importance of Service Standards in Crisis Period
3 Disaster Reporting to Regulators & Disaster Cost Accounting
4 Eagle Team
5 Overview BCM & Updates (Climate Risk Overview)
6 Overview BCM & Updates
7 Understanding the Importance of Business Continuity
8 Overview PRAB
9 K3 & Checklist
10 Introduction to BCM Tools
11 BCM Tools (Praktek)
13 Effective Communication Training for the Crisis 1 Presentation of BCM Issues and Potential Improvements (results of
Management Team (TMK) previous design thinking)
2 Context Setting: Peran Engagement dalam BCM
3 Collaboration through Coaching
4 Self-reflection and Role Awareness
5 Action Plan
14 Risk Leadership Forum: Architecting Resilient 1 Risk as Value Driver to Achieve BRI's Aspiration
Retail Banking – The Expert’s Playbook
2 Architecting Resilient Retail Banking: The Expert's Playbook
15 Onboarding Commercial Credit Risk Head dan 1 Strengthening Risk Management for Sustainable Growth
Regional Risk Management Head Training
2 Commercial Credit Strategy & Initiatives "From Growth to Quality"
3 MCS Credit Strategy & Initiatives
4 Strengthen Commercial Credit Risk Capability Building
5 Strenghten Micro Risk Capability Building
6 Strenghten Consumer Credit Risk Capability Building
7 Enterprise Risk Management & Governance
8 Strategic Recovery Management
9 Sectoral Business & Risk Analysis
10 Strengthening Micro & Consumer Collection Strategy
11 Leader's Talk
12 Project Assignment Presentation
16 Equipping TL CRA SME dan CRA Commercial 1 Commercial Credit Strategy & Initiatives "From Growth to Quality"
(Senior) Training
2 MCS Credit Strategy & Initiatives
3 Strengthen Commercial Credit Risk Capability Building
4 Enhanching SME Credit Risk Capability
5 Quick Win Commercial Business as New Growth Engine
6 Value Chain Business Acceleration in Commercial & SME Business
7 Trade Facility for CSME Total Business Solution
790 PT Bank Rakyat Indonesia (Persero) Tbk.
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No Program Name Topics/Description
17 BSDP 1 Credit Risk Analyst (CRA) Team Member 8 Leaders Talk: Stakeholder Management
Training
1 Calculation of Credit Needs
2 Financial Statement Analysis (Cash Flow)
3 Critical Points of Credit Package Analysis
4 Optimizing the Use of New BRISPOT S5 Technology (Credit and MAB
process efficiency)
5 Legal Drafting of Credit Terms
18 BSDP 0 Credit Risk Analyst Training 1 Basics of Financial Statement Analysis
2 Credit Analysis
3 Financial Report Forensics
4 Credit Package Analysis
5 Legal Aspects of Credit
6 Credit Risk Management
7 Brispot S5 Technical
19 BSDP 1 Team Leader RORC Training 1 Operational Risk Management
2 Fraud Risk Management
3 Regulatory Compliance
4 Anti Money Laundering
5 Portfolio Management
6 Service Excellence
7 Disciplinary Regulations
8 Bookkeeping Verification
9 Legal Litigation
10 Reputational Risk
11 Management Improvement Plan (RPM)
12 Leadership
20 BSDP 1 MRR Training 1 Fraud Management
2 Operational Risk Management
3 Risk Culture
4 BCM & K3
5 Compliance
6 Portfolio Management
7 Mikro Credit
8 SME Credit
9 Consumer Credit
10 Management of Non-Performing Loans
11 Reputational Risk
12 Interview Techniques and Information Search
PT Bank Rakyat Indonesia (Persero) Tbk. 791
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Corporate
Governance
No Program Name Topics/Description
21 BSDP 0 MRR Hiring Training 1 Organizational structure, DUJ, Leaders Talk
2 BRILiaN Culture (Compliance, Risk, Anti Fraud, Security Awareness)
3 Banking Operations (General Banking, Accounting & Reporting,
Overview Product, dan other sub topics)
4 Banking Business (Critical Points Product, Transaction Banking, Credit,
Risk & Compliance, and other sub topics)
5 Operational Risk Management
22 BSDP 0 MRR Sumber Internal Training 1 Organizational Structure, DUJ, Leaders Talk
2 BRILiaN Culture (Compliance, Risk, Anti Fraud, Security Awareness)
3 Banking Operations (General Banking, Accounting & Reporting,
Overview Product, and other sub topics)
4 Banking Business (Critical Points Product, Transaction Banking, Credit,
Risk & Compliance, and other sub topics)
5 Operational Risk Management
23 Onboarding Department Head Regional Micro & 1 Fungsi Collection
Consumer Collection (MCC) Training
2 Business Process Collection & Recovery
3 Manajemen Portfolio
4 Collateral Auction
5 Collection Communication
24 Onboarding RM Collection Training 1 Leadership
2 Credit Quality Overview
3 Regulatory Collection
4 Monitoring and Management of Non-Performing Loans
5 Auction Portal and Auction Info Website
6 Insurance Claims / BRISURF
7 Introduction BRISPOT Digital Collection
8 Collateral Assessment for Settlement
9 Legal Aspects of Handling Non-Performing Loans
10 Negotiation Skill
11 Assignment
25 Onboarding Field Collection Training 1 Credit Quality Overview
2 Regulatory Collection
3 Monitoring and Management of Non-Performing Loans
4 Overview of Collateral Auction
5 BRISPOT Digital Collection
6 Collateral Assessment
7 Legal Aspects of Handling Non-Performing Loans
8 Communication and Negotiation
9 Negotiation Skill
10 Assignment
792 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Program Name Topics/Description
26 Onboarding Collection Assistant Training 1 Data Analytic
2 Monitoring and Management of Non-Performing Loans
3 Auction Portal and Auction Information Website
4 Simple Lawsuit and Summons
5 Communication and Negotiation
6 Assignment
27 Onboarding Jabatan Micro, Consumer & Small 1 Modul Mandatory (Risk Culture, Compliance Culture, Anti Fraud, PDP,
Risk (MCS) Team Training Security Awareness)
2 General Credit Policy
3 ERM Fundamental
4 CKPN
5 Operational Risk
6 Small & Medium Credit Risk
7 Micro Credit Risk
8 Consumer Credit Risk
9 Risk Data Analytics
10 Risk Mitigation Recommendation
28 BSDP 1 RM CRR Team Leader Training 1 Coaching & Mentoring
2 Leadership (Execution Focused Leadership)
3 Digital Mindset
4 Negotiation & Comuncation Skill
29 BSDP 1 RM CRR Team Member Training 1 Auction Portal Version 2.0
2 Brispot CRR
3 Digital Marketing Pemasaran Aset
4 Negotiation & Comuncation Skill
5 Legal Aspects of Resolving Problematic Credit (Litigation)
6 Monitoring & Pengelolaan Kredit Bermasalah
30 CFE (Certified Fraud Examiner) 1 Fraud Prevention and Deterrence
2 Financial Transactions and Fraud Schemes
3 Investigation
4 Law
31 Enhancing Your ERM 1 Applying Quantitative Methods to Realize an Integrated Risk
Management Implementation Model (Enterprise Wide)
2 Measuring the Impact of ERM Implementation on Corporate Value
Creation (Parameters and Methodology)
32 BSDP 1 Risk Fundamental Trade Financing 1 Wholesale Transaction Banking Concept
2 Payment Metode, Trade Cycle & Working Capital Requirement
3 Trade Services Solution
4 Traditional Lending vs Trade Finance Product
5 A wide range of supply chain finance solutions
PT Bank Rakyat Indonesia (Persero) Tbk. 793
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No Program Name Topics/Description
6 Solusi Guarantee
33 From Theory to Practice - Fraud Risk Assessment 1 Fraud Risk Assessment
and Predictive Fraud Analytics with Machine
Learning 2 Predictive Fraud Analytics With Machine Learning
34 Pendidikan Risk Balanced Sheet Management 1 IRRBB (Interest Rate Risk in the Banking Book)
2 LCR (Liquidity Coverage Ratio)
3 NSFR (Net Stable Funding Ratio)
35 ICoFR Scope of Business Process Education 1 Risk Identification and Control Process
2 Implementation of Effectiveness Testing of Control Design
3 Key Challenges dan Tips & Trick
36 Indonesian Palm Oil Conference (IPOC) 2025 1 Trends, global supply-demand, renewable energy policies, and trade
regulations that affect the Palm Oil industry
2 The impact of price and policy changes on the risk profile and
repayment capacity of debtors in the palm oil sector
3 Insights into the Palm Oil industry gained in conducting credit risk
assessment processes and designing strategies to mitigate bank
portfolio risks.
37 Personal Data Protection Masterclass: Mastering 1 Concept and Background of Personal Data Protection
Theory, Regulation, and Implementation
2 Personal Data Protection Law (UU PDP)
3 Enforcement of the PDP Law in Indonesia
4 Design and Implementation of Personal Data Protection Program
5 Steps to Design a Personal Data Protection Program
6 Implementasi Program Pelindungan Data Pribadi
38 Masterclass Program Series XXIV: Risk Mitigation 1 Digital transformation strategies, principles and practices, and their
in Digital Transformation implications for organizations
2 Identifying risks and opportunities associated with digital transformation
3 Managing digital change effectively at the operational level
39 National Anti Fraud Conference 2025 1 Challenges and Solutions in Various Sectors
2 The Use of Technology and Social Media
3 The Importance of Education and Collaboration
4 Fraud as a Multidimensional Challenge
5 BPK's Corruption Prevention Strategy
6 Effectiveness of Supervision Integrity and Improvement
7 Fraud Eradication Transformation
40 Fraud Auditing 2 Training 1 Fraud risk management, fraud prevention & detection
2 Simulation of investigative assignments, methodology, interview
techniques and preparation of BAP, evidence procedures – filing
3 Case analysis, modus operandi, internal and external case exposure
4 Simulation of investment fraud, financing, and asset misuse
5 Simulation of fraud in procurement of goods/services and supply chain
management
6 Simulation of financial loss calculation and provision of expert
testimony
Anti money laundering, asset tracing and recovery
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No Program Name Topics/Description
41 Retention and Management Training of Personal 1 Personal Data Retention
Data Protection Failure Incident
2 Failure of Personal Data Protection
42 Privacy and Data Protection Training 1 Basic Concept of Privacy and Data Protection
2 PDP Legal Framework in Indonesia and other countries
3 Personal Data Categorization
4 PDP Principles and Lawful Basis of Processing
PDP Policy and Procedures
43 Risk Data Analytics - SQL Level Basic 1 Basics of SQL and database
2 Simple queries to retrieve, filter, and summarize data in the credit and
operational fields.
3 Processing complex data, data transformation, using window functions,
and producing credit & risk portfolio analysis
44 SAS Risk, Fraud & Financial Crimes Customer 1 Fraud & Financial Crimes Focus
Connection for Banking and Insurance
2 Risk Management for Banking & Insurance Focus
45 Association of Certified Fraud Examiners (ACFE) 1 Fraud risk on Mergers and Acquisitions (M&A) due diligence
Deal or Deception? Detecting Fraud Before the
Merger Closes Seminar 2 The importance and limitations of fraud exclusion provisions in M&A
contracts
3 Detecting financial statement fraud
4 Fraud Triangle to understand seller behavior in M&A (Case Study and
illustration)
5 Legal and contractual instruments
46 Indonesian In-House Counsel 2025 Seminar 1 Legal competence and regulatory analysis skills
2 Strategic thinking in responding to the challenges of the latest global
trends
3 Problem-solving skills based on legal and business perspectives
4 Updates on relevant international legal and policy issues
47 National Conference Seminar XI of Risk 1 Leadership in Uncertainty - Building Ethical Risk Cultures in
Management Professionals Organizations
2 Supply Chain and Business Resilience: Managing Supply Risk in an
Uncertainty Era
3 Inovasi Risk Modeling and Data Analytics "Using AI, from Reactive to
Predictive"
4 Risk Mitigation in Maintaining Financial Stability in Volatility Period
5 Financial Resilience "How to Interlink Financial Contigency Plan and
Risk Strategy"
6 Enhance Organizational Reputation Through Task Force on Nature
Related Financial Disclosure
48 ToT Materi Risk Framework (ERM Fundamental) 1 Risk Management Concept
Training
2 Risk Management Based on SNI ISO 31000:2018 - Risk Management –
Guideline
3 Legal & Strategic Risk Management
4 Risk Governance and Leadership
PT Bank Rakyat Indonesia (Persero) Tbk. 795
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Governance
Risk Management Certification The Recovery Action Plan document outlines mechanisms
aimed at preventing, recovering, and/or improving BRI's
Risk Management Certification is proof of the fulfillment of financial condition in response to financial crises or
HR competencies in BRI’s Risk Management in accordance other market disruptions that impact capital, liquidity,
with the competency standards issued by the Banking Sector profitability, and asset quality, which may threaten
Professional Certification Institution (LSP). The number of BRI's business continuity. In addition to the Recovery
employees holding Risk Management Certification at BRI in Plan, BRI has prepared the Resolution Plan document
2025 is as follows: contains information about the Bank and resolution
strategies, which serve as one of the considerations for
LPS in handling or resolving banks classified as failing
No Certification Level Participant
banks as mandated under LPS Regulation No. 2 of 2024
concerning Resolution Plans for Commercial Banks.
1 Level 4 3.827
2 Level 5 952 The contents of the Recovery Action Plan include:
3 Level 6 29 a. Materiality analysis and ranking to determine the
ranking of business lines, office networks, and
4 Level 7 28
subsidiaries;
Total 4.836 b. Analysis of external business linkages;
c. Impact scenario analysis of changes through
Implementation of Risk Management Stress Testing, divided into three (3) scenarios:
Functions In 2025 Idiosyncratic, Market-wide, and a combination of
both (worst-case scenario);
1. Determination of Risk Appetite Statement (RAS) and d. Trigger levels for activating the Recovery Action Plan
Risk Limit based on the results of Stress Testing, categorized
BRI’s Risk Appetite Statement (RAS)serves as an into prevention, recovery, and improvement levels
objective guideline in strategic decision-making related according to OJK Regulation No. 5 of 2024; and,
to risk management and as a management instrument e. Recovery options for capital, liquidity, profitability,
in implementing Good Corporate Governance (GCG). In and asset quality.
2025, the Board of Directors updated BRI’s Risk Appetite
Statement (RAS) in the form of quantitative statements, Meanwhile, the contents of the Resolution Plan include
formulated by taking into account the Bank’s risk-taking parts of the Recovery Action Plan, with the addition of:
capacity as well as its overall strategies and corporate a. Analysis of critical economic functions;
objectives. The determination of the RAS has obtained b. Analysis of critical shared service functions in IT
approval from the Board of Commissioners and has been and nonIT fields, along with their continuity in the
duly communicated to the Controlling Shareholder. The resolution phase;
RAS is reviewed annually or at any time as necessary, c. Analysis of critical financial market infrastructure
with due consideration to changes in BRI’s business relationships, along with their continuity in the
plans and objectives, developments in the business resolution phase;
environment, and Shareholders’ aspirations. d. Analysis of resolution options; and
e. Identification of assets
Furthermore, the RAS is reduced to the risk limit for each
risk indicator. The determination of RAS and risk limits The Disclosure Report on the Recovery Action Plan
is carried out by taking into account the level of risk to and Resolution Plan of BRI is presented to internal and
be taken as well as the overall strategy and targets of external parties, with the level of disclosure adjusted
the Bank. The set risk limits include overall (composite) according to each targeted audience.
risk, per type of risk, and per functional activity. The
determination of risk limits is used as a guide for business 3. Implementation of Risk-Weighted Assets Calculation
unit activities to manage the type and amount of risk that for Credit Risk under Basel III Reform Standardized
is acceptable. Approach
As of January 1, 2023, BRI will start implementing the
2. Preparation of a Systemic Bank Recovery Plan and v calculation of Risk-Weighted Assets (RWA) for Credit Risk
Resolution Plan in accordance with SEOJK No 24/SEOJK.03/2021 dated
In 2025, BRI updated the Recovery Action Plan, which October 7, 2021 concerning Calculation of Risk-Weighted
are regulated in POJK No. 5 of 2024 concerning the Assets for Credit Risk using a Standard Approach for
Determination of Supervisory Status and Handling of commercial Banks.
Problems of Commercial Banks.
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Changes in the calculation methodology in these 6. Implementation of Model Risk Management
provisions include: BRI has implemented a framework designed to identify,
a. Changes in risk weights and more granular bucket measure, monitor, and control risks arising from the
numbers. use of models in decision-making processes. Model
b. More diverse portfolio category classifications. risk inherent in each model is subject to continuous
c. The need to carry out due diligence on counterparties monitoring. The responsibility for model risk control
to ensure understanding of the risk profile and lies with the work unit performing the Model Risk
characteristics of counterparties so that risk Management function and the work unit responsible
weighting does not depend solely on external ratings. for model validation. Such responsibilities include
risk measurement and monitoring throughout the
In the implementation of the new calculation standard, model lifecycle. Additional responsibilities encompass
BRI has developed an automated calculation system, independent validation and review procedures.
particularly for the classification of loan assets, and has
reported it to the OJK every month since January 2023. 7. Development of Methodology for Validating Internal
In 2025, BRI implemented OJK policies related to the Credit Risk Rating and Credit Risk Scoring and
calculation of RiskWeighted Assets (RWA) for derivative Validation of the CKPN Model
transactions through Central Counterparty (CCP). This Based on the Basel Capital Accord and in accordance
step strengthens credit risk mitigation and supports with OJK requirements, internal models must meet a
capital efficiency in accordance with Basel III standards. series of minimum criteria. In line with Basel provisions
With CCP as an intermediary, BRI ensures that derivative and the OJK Circular No. 34/SEOJK.03/2016 on
transactions are safer, more transparent, and in line Risk Management for Commercial Banks, it is stated
with regulations, thus enhancing banking stability and that banks must measure risks in accordance with
customer trust. the characteristics and complexity of their business
activities. OJK also requires banks to have a strong
4. Implementation of Risk-Weighted Asset Calculation internal process for validating all components of the
for Market Risk under Basel III (Fundamental Review of credit risk models they use.
The Trading Book)
In accordance with SEOJK No.23/SEOJK.03/2022
dated December 7, 2022, on the Calculation of Risk- 8. Process of Improving the Counterparty Limit Structure
Weighted Assets for Market Risk, BRI has implemented and Developing Risk Limits in the Guava Application as
the calculation (system and methodology) of Market Part of the Guava Application Revamp Project
Risk RWA in the calculation of the Minimum Capital Based on the needs from changes in the organizational
Adequacy Ratio (KPMM) starting from January 2024. structure and strategy of the Treasury business group,
The update of regulations related to Market Risk RWA as well as the increasingly complex Treasury business
aims to strengthen the capital held by banks, address requirements, adjustments to the counterparty limit
weaknesses identified during the global financial crisis, structure within the Guava application are needed
and minimize discrepancies in the capital models used to support better risk management performance.
by banks. Furthermore, in alignment with the risk management
strategy to strengthen the monitoring process of dealer
5. Implementation of Interest Rate Risk in the Banking performance in the Treasury business group, a Risk Limit
Book (IRRBB) Calculation development process has been carried out within the
BRI has implemented a methodology to measure the Guava application, which is one of the components of
impact of interest rate movements in the banking book the Guava application revamp project.
through Interest Rate Risk in the Banking Book (IRRBB)
in accordance with SEOJK No.12/SEOJK.03/2018 dated 9. Integrated Risk Management
August 21, 2018. The IRRBB calculation is regularly In line with the expanding scope of BRI Financial
conducted using the Economic Value of Equity (EVE) Conglomeration in accordance with OJK Regulation No.
and Net Interest Income (NII) methods. The EVE method 30 of 2024 concerning Financial Conglomerates and
uses a long-term perspective to calculate interest rate Financial Conglomeration Holding Companies, the MPE
sensitivity to Tier 1 capital, while the NII method uses Group has established an integrated Risk Management
a short-term perspective to calculate interest rate framework. To facilitate effective Risk Management,
sensitivity to BRI’s estimated income for the coming year. members of the Financial Conglomeration are classified
into Level 1, Level 2, and Level 3 entities, including
certain members designated as holding entities of Level
3 members. The MPE Group has also conducted a gap
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analysis to assess the adequacy of risk governance 4. Pilar 4 (Monitoring, Evaluation and Follow-up)
organs. In addition, the Integrated Risk Management This is a monitoring activity regarding the follow-up
Forum has been further developed into the Integrated to the results of fraud investigations as well as efforts
Risk Management Sub-Committee, the Integrated Risk to improve the internal control system to prevent
Management Directors Forum, and the Integrated Risk the same fraud incident from recurring. The Board
Management Work Unit Forum. of Directors and Board of Commissioners actively
carry out regular monitoring and evaluation of the
10. Implementation of Anti Fraud Strategy implementation of anti-fraud strategies.
In compliance with OJK Regulation Number 12 of 2024,
dated July 21, 2024, on the Implementation of Anti- 11. Strengthening Digital Risk Management
Fraud Strategies for Financial Service Institutions, and Along with the development of the bank’s digitalization,
as a demonstration of the commitment of the Board the exposure to risks in using digital platforms for banking
of Directors and Board of Commissioners, BRI has services has also increased. This rise in risk exposure
strengthened fraud control through the implementation requires a more adaptive and effective digital risk
of an anti-fraud strategy. The BRI Anti-Fraud Strategy control process to enhance the resilience of the bank’s
regulations have been updated in accordance with infrastructure and the reliability of BRI digital services.
Circular Letter P3MRO No. SE.58.b-DIR/ ORD/12/2022,
Book 2, concerning BRI’s Anti-Fraud Strategy, dated In response to such developments, BRI has issued
December 31, 2024. The implementation of the AntiFraud Guidelines for the Implementation of Digital Risk
Strategy consists of: Management as the foundation for assisting, monitoring,
1. Pilar 1 (Prevention) and assessing the adequacy of digital risk management
It is the responsibility of all levels of the Bank to across all work units and entities within the financial
minimize the potential for fraud by strengthening conglomeration. The implementation of these guidelines
awareness and an anti-fraud culture which is is supported by comprehensive digital risk management
manifested by the willingness to sign an integrity tools, including a digital risk register, Key Risk Indicators
pact by all levels of the Bank’s organization including (KRI), an incident database and analytics platform, as
the Board of Directors, Board of Commissioners well as action plan management integrated into the
and all BRILian personnel at least once a year. overall risk management framework.
Programs implemented in the prevention pillar
include: education and development of anti-fraud Currently, to align with the bank’s business growth and
competency for all employees, increasing awareness adapt to the increasing digital risk exposure resulting
for customers which is carried out regularly through from digitalization, BRI is enhancing the Integrated Risk
the Bank’s social media platforms, identifying Management System (IRMS Tools) to strengthen its
vulnerabilities in the Bank’s operational activities capabilities in monitoring, reporting, and conducting
and/or business processes, as well as getting to more structured and data-driven risk analysis.
know employees policies.
2. Pilar 2 ( Detection) From a governance perspective, the Digital Risk Group
It is the responsibility of all levels of the Bank to detect continuously updates internal regulations and expands
fraud that occurs within the Bank. Devices used to policy modules to ensure alignment with technological
detect fraud include: Whistleblowing System, Fraud advancements, evolving cyber threat dynamics, and
Detection System, surprise inspection activities that increasingly complex risk mitigation requirements.
prioritize vulnerable business units or activities, as
well as the implementation of a monitoring system. BRI’s commitment to Personal Data Protection has been
3. Pilar 3 (Investigation, Reporting and Sanctions) further strengthened through the establishment of a
Investigation activities are carried out by the Fraud Data Protection organization as a form of compliance
Investigation Function and the results are reported to with the Personal Data Protection Law (PDP Law).
the Board of Directors and Board of Commissioners, The implementation of data protection is carried out
as well as Regulators, including recommendations for in a measured and structured manner, supported by
resolving cases in the form of applying disciplinary strengthened documentation, monitoring of control
sanctions and/ or legal processes in accordance with effectiveness, and the application of continuous
the Bank’s internal provisions and applicable legal improvements to enhance the maturity of Personal Data
regulations. Protection practices. This initiative also contributes to
the enhancement of BRI’s Environmental, Social and
Governance (ESG) performance, particularly within the
governance and information security dimensions.
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As part of the implementation of integrated governance 13. Granular Credit Scoring
within the Financial Conglomeration, BRI together with BRI has developed a scoring model based on more
its Subsidiaries has undertaken the harmonization of specific criteria by examining the risk profile of particular
standards and the strengthening of consolidated digital characteristics. The goal of the granular scoring model
risk oversight to ensure aligned digital resilience across is to provide a more accurate and targeted credit risk
all entities. assessment based on the risk profile of each customer.
This allows credit to grow while maintaining high-quality
12. Establishment of the IT Third Party Risk Management credit standards.
Department
In line with the increasing reliance on Information 14. Development of Early Warning Signals for Corporate
Technology Service Providers (PPJTI) and Digital and SME Loan
Partners in supporting the Bank’s business operations, To enhance credit risk monitoring, BRI has developed
BRI views third-party risk management as a strategic risk an Early Warning System (EWS). The EWS system is
area that is critical to operational stability and the Bank’s built using both internal and macro risk indicators and
reputation. incorporates forwardlooking analysis. The EWS system
is implemented for the Corporate and SME segments.
In 2025, BRI established the IT Third Party Risk The EWS generates signals (warnings) that BRI uses as
Management Department under the Digital Risk Group as a reference to determine actions that need to be taken in
a strategic initiative to strengthen information technology the asset management process.
third-party risk management in a structured and end-to-
end manner. 15. Policy on Debt Write-Off PP 47
BRI consistently supports government programs,
The establishment of this Department underscores BRI’s including policies related to the write-off of loans for
commitment to ensuring that all collaborations with PPJTI SMEs. BRI has issued internal regulations concerning the
and Digital Partners are grounded in comprehensive write-off of loans for SME borrowers.
risk identification, assessment, monitoring, and control
processes, including oversight of information security, 16. Assessment of the Adequacy of New Bank Product
service reliability, regulatory compliance, and operational Risk Management (PBB)
sustainability aspects. The product owner is required to conduct a self-
assessment on every plan to issue a New Bank Product
As part of strengthening the governance framework, BRI (PBB). Furthermore, the Risk Management Business Unit
is currently preparing a Circular Letter (Surat Edaran) on (SKMR) coordinated by the Operational Risk Division
Information Technology Third-Party Risk Management, evaluated the adequacy of risk management against
as well as a Risk Management Handbook for PPJTI the plan to issue New Bank Product. In this assessment,
and Digital Partners. The formulation of these policies Risk Management Business Unit ensured that every risk
and guidelines aims to ensure standardized third-party attached to the plan to issue New Bank Product and
risk management processes across all Work Units and controls had been properly identified and measured. The
Subsidiary entities, while reinforcing oversight of risk process of assessing the adequacy of risk management
exposures arising from collaborations with external involved Risk Management Business Unit in accordance
information technology parties. with the areas of risk that were their authority. An
assessment of the adequacy of risk management was
This initiative further affirms BRI’s direction in managing also carried out on the plan to organize activities for the
digital ecosystem risks comprehensively, while ensuring Bank’s own activities as a form of implementation of the
that digital expansion and innovation are aligned with Bank’s Risk Management.
prudential principles, sound governance practices, and
prevailing regulatory requirements. The risk management policy for the planned issuance
of PBB is regulated in Circular Letter No. SE.30-DIR/
Through this enhancement, BRI positions third-party risk PPM/11/2024 Book 2 on Risk Management in Product
management not merely as a compliance function, but as Implementation. The adequacy assessment of risk
a strategic instrument to safeguard systemic stability and management from SKMR is then used for the further
maintain Stakeholders’ trust. product management process of the Bank, both
internally and in reporting to the Regulator, in accordance
with POJK No. 13/POJK.03/2021 on Commercial Bank
Product Implementation.
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17. Increased Capability of Regional Operational Risk & a. Dashboard Early Warning Sign : Dashboard Profil
Compliance (RORC) Risiko Regional, Key Risk Indicator Dashboard
The establishment of Regional Operational Risk & (KRID), Operational Supervision Dashboard (DPO),
Compliance (RORC) was carried out to strengthen the Irregularity Activity Tools.
implementation of Risk Management at the Regional b. Fraud Detection System.
level in order to realize the risk management aspirations c. Data Collaboration with 3rd Line: Regular Monitoring
of “Managing Risk for Sustainable Bussines, Operational and Fraud Risk Detection.
Excellent, and Banking Resilience”. d. Operational Risk Management Tools: BRIOPRA 4.0
and IRMS.
RORC di in the Regional Office acts as a control tower
that maintains the quality of the portfolio and operations 18. Implementation of Risk Awareness Culture
at the Regional level and is led by an Officer at the Vice Risk & Governance Culture is the basis for implementing
President (VP) level called the RORC Head. RORC’s the BRI One Culture national cultural theme to ensure the
organizational structure consists of an RORC Head implementation of risk management in every banking
who supervises Credit Risk Analyst (CRA) and Risk activity. In 2023, Risk Culture provisions have been
Management and Compliance (RMC). issued through SE.04-DIR/CTR/01/2023 dated January
31, 2023 regarding Corporate Culture Book 2 Risk
The RMC, based at the Regional Office, supervises the Culture as a guide for Insan BRILian in implementing and
Micro Retail Risk Management & Compliance (MRR) supporting the implementation of Risk Culture.
function located at the Branch Offices, which in turn
oversees the Retail and Micro Work Units. The roles Risk culture internalization programs that have been
and responsibilities of MRR are stipulated under SOP implemented include:
No. SO.36-ORD/12/2024 concerning the Regional Risk a. Culture Activation Program (CAP)
Management Standard Operating Procedures. Each business unit has established a CAP to shape
the behavior needed to achieve KPIs prudently
To support the implementation of the RORC role, through the activities specified in the CAP.
several competency development activities have been b. Build Worker Risk Awareness in Business Unit
conducted throughout 2025, including: SKMR routinely delivers risk awareness media in
a. Implementation of the Risk Upgrade Series Webinar the form of letters, media infographics, webinars,
for the RORC Team. podcasts, e-learning, the Bank’s official social media
b. BSDP training for RORC, RMC and MRR. accounts and email/WA/sms blasts.
c. In-House Training (IHT) for the RORC Team at the c. Empowering Risk Officer
Regional Office. The involvement of the Risk Officer as the
d. Awareness Programs for the RORC Team (RRM Smart Transformation Driving Team is required in
(Sharing Session), Podcast, Risk Awareness: catalog, internalizing and ensuring that the implementation of
Video, Flyer, BRILIAN Sadar Risk, Risk in News, dan risk culture is implemented. Thus, the MR function
E-Learning). is strengthened through adjusting operational
e. Risk Management Certification (Levels 4 and 5) and procedures and upgrading knowledge and technical
compliance certification. skills through education/socialization.
f. Quality Assurance Implementation across all RMC d. Early Detection
and MRR. The implementation of a risk culture needs to be
g. MRR Assessment: Evaluation/Re-assessment of MRR supported by Early Warning System tools which can
with results categorized as Fit or Need Improvement. help mitigate or correct risk events early.
e. Business Process Review
MRR, as a partner to Branch Office Unit Leaders, is Risk culture activities are reflected through the
primarily responsible for ensuring operational risk implementation of daily banking operational
management and compliance to safeguard performance procedures. Thus, it is necessary to review the
targets, fraud control, human error prevention, BCM adequacy of control over operational procedures.
& K3 implementation, and adherence to internal and
external regulations within its assigned units. To support 19. Implementation of Business Continuity Management
MRR activities, several system developments have been (BCM) and K3 Management System (SMK3)
implemented, including: BRI recognizes and understands its role in providing
banking products and services while ensuring business
continuity, both under normal conditions and during
disruptions or disasters. This has led BRI to establish
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specific policies to identify, test, and implement Business dated April 29, 2020, on the Calculation of Risk-
Continuity Management (BCM). BCM constitutes a critical Weighted Assets (RWA) for Operational Risk Using the
process for the Bank to maintain business operational Standardized Approach for Commercial Banks, BRI
continuity and minimize potential impacts arising from has set regulations for Operational Risk RWA using the
disruptions or disasters. Accordingly, the policies standardized approach through the Director's Circular
governing the implementation of BCM at BRI are set forth No. SE.66-DIR/MPE/12/2022 Book 2 on Operational RWA
in the Board of Directors Circular Letter No. SE.12-DIR/ Calculation. BRI reported the results of the Operational
MPE/09/2025 dated 29 September 2025 concerning RWA calculation to OJK on April 30, 2025. This
Business Continuity Management and the Standard measurement is intended to assess the adequacy of a
Operating Procedure (SOP) No. SO.09-ORD/03/2025 bank's capital against operational risk exposures over a
dated 27 March 2025 concerning Business Continuity one-year period.
Management.
Committees Under The Board of Directors
In addition, BRI’s main commitment to the health and
safety of employees’ lives was met by implementing an The Board of Directors formed a committee to assist in
Occupational Safety and Health Management System carrying out the duties and responsibilities of managing the
(SMK3) to minimize operational risks. The implementation bank. As of December 31, 2025, BRI has Committees under
of Occupational Safety and Health Management the Board of Directors as follows:
System at BRI was coordinated by the BCM and OHS 1. Asset and Liability Committee (ALCO)
Departments in the Operational Risk Division, under the 2. Credit Policy Committee
Risk Management Directorate. The BRI SMK3 policy is 3. Environmental, Social & Governance (ESG) Committee
regulated in the Circular Letter of the Board of Directors 4. Human Capital Committee
No. SE.12-DIR/MPE/09/2025 dated September 29, 2025, 5. Information Technology Steering Committee
Book 1 concerning Business Continuity Management 6. Procurement Committee
(BCM) and Book 2 concerning the Occupational Health 7. Product Committee
and Safety Management System (SMK3), as well as SOP 8. Risk Management Committee
No. SO.09-ORD/03/2025 dated March 27, 2025. 9. Transformation Steering Committee
10. Financial Conglomeration Governance
During 2025, BRI implemented several programs
for Business Continuity Management (BCM) and Asset and Liability Committee
Occupational Health and Safety Management System
(SMK3), including: Risk Assessment for Disaster Threats ALCO is a Committee at the Head Office which is responsible
(PRAB), Business Impact Analysis (BIA), review and for formulating and determining assets and liabilities.
updating of the Business Continuity Plan (BCP), Disaster
Recovery Plan (DRP), Emergency Response Plan (ERP); Asset and Liability Committee (ALCO) Charter
Socialization and training for floor wardens; preparation
of BCM and K3 risk awareness materials in the form In carrying out its duties, ALCO refers to the Director’s Decree
of letter, infographics, video, dan podcast; as well as No. Nokep.: 5892-DIR/PPM/11/2025 dated November 25,
conducting emergency response simulations and drills 2025 concerning the Asset and Liability Committee (ALCO)
across all Regional Offices and Branch Offices to ensure of PT. Bank Rakyat Indonesia (Persero) Tbk., which regulates
workers' understanding in facing disruptions/disasters. ALCO Organization, Duties, Authority and Responsibilities,
Work Procedures.
In line with efforts to strengthen the implementation of
BCM, BRI has obtained ISO 22301:2019 certification for the Duties and Responsibilities of Asset and Liability
implementation of the Business Continuity Management Committee (ALCO)
System (BCMS) from PT BSI Group Indonesia for the
scope of financial transactions and banking payment The Asset and Liability Committee (ALCO) has the following
systems. It is expected that this certification will ensure duties and responsibilities:
and enhance resilience in the banking payment system in 1. To establish strategies for the Bank’s asset and liability
facing disruptions/disasters. management in order to optimize Net Interest Income
(NII), including:
20. Preparation for the Implementation of Minimum Capital a. Liquidity management strategies;
for Operational Risk Using the Standardized Approach b. Market risk management strategies (interest rate and
In the calculation of capital requirements and Operational foreign exchange risk);
RWA in accordance with SEOJK No. 6/SEOJK.03/2020
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c. Cost-bearing liabilities/funding and Cost of Funds (CoF) management strategies;
d. Earning asset and interest income management strategies (Yield Management);
2. To determine interest rate strategies for Loan products, Third-Party Funds (DPK), and Trade Finance (TF), including the
Base Lending Rate (SBDK), Counter Rates, and Special Rates.
3. To evaluate the effectiveness of such strategies in alignment with the objectives of liquidity risk and market risk management.
Structure of Asset And Liability Committee (ALCO) Membership
Membership Structure Position Voting Rights
President Director Chairman √
Vice President Director Alternate Chairman I √
(concurrently Permanent Member)
Group Head, Assets & Liabilities Management, or the Work Unit Secretary (concurrently Permanent Member) -
Responsible for Liquidity & Funding Management
Director of Treasury & International Banking Permanent Member √
Director of Finance & Strategy Permanent Member √
Director of Risk Management Permanent Member √
Director of Micro Permanent Member √
Director of Consumer Banking Permanent Member √
Director of Commercial Banking Permanent Member √
Director of Corporate Banking Permanent Member √
Director of Operations Permanent Member √
Director of Network & Retail Funding Permanent Member √
Director of Information Technology Permanent Member √
Director of Human Capital & Compliance Permanent Member -
SEVP Internal Audit Permanent Member -
SEVP Ultra Micro Business Permanent Member -
SEVP Retail Transaction & Funding Permanent Member -
SEVP Digital Banking Permanent Member -
SEVP Retail Risk Permanent Member -
SEVP Wholesale Risk Permanent Member -
SEVP Human Capital Permanent Member -
SEVP Corporate Transformation Permanent Member -
Relevant Group Head (subject to the agenda and resolutions of the Anggota Tidak Tetap -
ALCO Meeting)
Assets & Lialibity Management Group or the Work Unit Responsible for ALCO Supporting Group -
Liquidity & Funding Management
Planning, Budgeting & Performance Management Group ALCO Supporting Group -
Market, Portofolio & Enterprise Risk Management Group ALCO Supporting Group -
Financial & Management Accounting Group ALCO Supporting Group -
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Profile of Asset and Liability Committee (ALCO) ALCO Chairman in sequence as stipulated in Article 2 of
Member this Decree.
3. In the event of a very urgent condition (contingency) for
Profiles of ALCO members can be seen in the Profile of the ALCO to implement, but the Chairman and/or Substitute
Board of Directors section of this Annual Report. Chairman is unable to chair the meeting, the Chairman
of ALCO may delegate to one of the Directors to lead
Asset and Liability Committee (ALCO) ALCO which decision letter is approved by the Chairman
Independence Statement of ALCO and administered by Secretary of ALCO.
4. An ALCO meeting may be convened if attended by at
All members of ALCO had no affiliation with other Directors, least half of the ALCO Permanent Members plus one
Commissioners or Controlling Shareholders, they were not additional Permanent Member, including the Chair or
shareholders of the Company which may affect their ability to Alternate Chair of ALCO.
act independently, Commissioners, Directors or employees 5. The decisions of the ALCO Meeting were taken by
of companies that have affiliations or do business with BRI. deliberation and consensus. In the event that full
agreement could not be reached, the decision of the
Training and/or Competence Improvement of Asset ALCO Meeting was considered valid with the approval
and Liability Committee (ALCO) In 2025 of 50% (fifty percent) of the total ALCO Members with
voting rights plus 1 (one) ALCO Member, including
ALCO’s training and/or competency improvement can be members of the Board of Directors, one of whom was
seen in the Board of Directors’ Training and/or Competency the Chairman of ALCO or Substitute of ALCO Chairman.
Improvement section in this Annual Report. 6. The convening of ALCO meetings, other than those
stipulated in Article 4 points 1 to 5, may be conducted
Meeting and Implementation of Asset and Liability upon approval from the ALCO Chair.
Committee (ALCO) In 2025 7. Implementation of ALCO Overseas Business Unit refers
to a separate decree prepared by each Overseas
MEETING POLICY Business Unit considering several things such as
1. ALCO meetings are held on a regular basis At least 1 organization, assetliability management strategy, etc.
(one) time in 1 (one) month . which is coordinated by the Business Unit in charge
2. The ALCO Meeting is chaired by the Chairman of ALCO. of Overseas Business Unit. The results of the ALCO
In the event that the ALCO Chairman is unable to attend, Overseas Business Unit implementation are reported to
the ALCO Meeting shall be chaired by the Substitute the Director and Business Unit in charge.
REALIZATION OF MEETINGS AND DUTIES ASSET AND LIABILITY COMMITTEE (ALCO) IN 2025
No Date Meeting agenda
1 January 13, 2025 Determination of the quota for interest billing relief on deferred interest for Restructured Performing
Loans, in alignment with changes to the Base Lending Rate (SBDK) policy pursuant to Financial
Services Authority Regulation (POJK) No. 13 of 2024.
2 February 10, 2025 Review of funding plan up to Q1 2025
3 March 10, 2025 Determination of the 2025 ALM Grip, including the required yield and CoF limit per segment, as well
as optimization of Net Interest Income (NII) through the management of excess liquidity.
4 April 23, 2025 Formulation of liquidity and CoF management strategies, including the Continuous Public Offering
(PUB) IDR Program for 2025–2026
5 May 19, 2025 Fulfillment of liquidity requirements through sustainable funding for the period of May–June 2025
6 June 30, 2025 CoF efficiency initiatives, reduction of the gap between Ending Balance and Average Balance of
CASA, additional time deposit quota allocation in selected RO for new customers, Contingency
Funding Plan (CFP), and review of EWI calculation.
7 July 11, 2025 Providing special fixed rates on mortgage products and adding foreign currency credit to maintain
foreign currency LDR.
8 August 12, 2025 Expansion of special rate quotas for the Micro and Commercial segments, as well as a review of the
migration from manual corporate bookkeeping to a floating-rate engine.
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No Date Meeting agenda
9 September 15, 2025 Extension of special rate quotas for the Commercial segment, review of Corporate Loan counter rates
and special rate quotas, adjustments to the Base Lending Rate (SBDK), and management of funds
under SAL KMK 276/2025.
10 October 16, 2025 Review of BRIDyna input issuance for CSME customers, expansion of special rate quotas for CSME,
tagging of new ARS for Mortgage customers, adjustments of counter rates, and the application of
special rates for Briguna, KPR, and corporate customers based on pipeline needs.
11 November 10, 2025 Adjustment of CSME credit counter rates and switching of special rates, monitoring of special rates in
the Consumer segment, and addition of special rate quotas in the Corporate segment to maintain IDR
yield.
12 December 9, 2025 Determination of the required yield for 2026, switching of special rate quotas in the Consumer and
CSME segments, expansion of Corporate quotas, and proposals to reduce authority in approving
special rates.
Credit Policy Committee
policy review timeframe as stated in BRI’s KPB and other
Credit Policy Committee is a committee at the Head Office credit policies.
level that assists the Board of Directors in formulating the 4. Carry out an evaluation of:
Company’s credit policies and provides recommendations a. Correct implementation of the authority to decide on
for improvements to such credit policies. loan or provide funds, development and quality of
credit extended to Related Parties of the Bank and
Credit Policy Committee Charter certain large debtors.
b. The accuracy of the exercise of authority in approving
In carrying out its duties, the Credit Policy Committee credit or fund disbursement.
refers to the Board of Directors Decree Nokep.: 5893-DIR/ c. Correct implementation of the provisions on the
PPM/11/2025 dated November 25, 2025 concerning the Legal Lending Limit (LLL).
Credit Policy Committee of PT. Bank Rakyat Indonesia d. Certain large debtors and loans on the Special
(Persero) Tbk., which regulates the Organization, Duties, and Mention Loan list.
Responsibilities, and Work Procedures. e. Policies on the provision for expected credit losses
(CKPN) and write-off reserves.
Duties and Responsibilities of The Credit Policy f. Resolution of non-performing loans in accordance
Committee with the provisions set forth in the Non-Performing
Loan Resolution Guidelines (KPB).
1. Establishing Bank’s Credit Policy (KPB), particularly in g. Compliance with statutory provisions and other
formulating prudential principles in lending, as regulated regulations in the implementation of loan provision.
in the Guidelines for Formulating Bank Credit Policies 5. Conduct a study assessing the effectiveness of the loan
(PPKPB), and other credit policies that require decisions internal control system.
from the Credit Policy Committee Meeting. 6. Submitting periodic reports at least once a year to the
2. Supervise the implementation of the Bank Credit Policy Board of Commissioners regarding:
(KPB) in a responsible and sustainable manner and a. The result of monitoring the implementation and
formulate alternatives and implementation solutions if execution of the Credit Policy (KPB) and other credit
there are obstacles. policies.
3. Conducting periodic reviews of BRI’s Credit Policy (KPB) b. The results of the evaluation related to point 4.
and other credit policies in accordance with the minimum 7. Monitor and evaluate the development and quality of the
overall loan or financing portfolio.
The Membership Stucture of The Credit Policy Committee
The structure of the Credit Committee membership is as follows.
Membership Structure Position Voting Rights
President Director Chairman √
Vice President Director Alternate Chairman √
(concurrently Permanent Member)
804 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Membership Structure Position Voting Rights
Group Head, Credit & Product Risk Policy or the Work Unit Responsible Secretary (concurrently Permanent -
for Credit Policy Function Member)
Director of Risk Management Permanent Member √
Director or SEVP according to the relevant Division/Function, in line with Non-Permanent Member √
the committee agenda
Director of Compliance Permanent Member -
SEVP Internal Audit Unit Permanent Member -
Group Head under the relevant Risk Management Directorate, in line with Non-Permanent Member -
the committee agenda
Other Group Heads, in line with the committee agenda Non-Permanent Member -
Profile of The Credit Policy Committee Members as to discuss urgent and critical credit policy issues
requiring an immediate response from the company.
The members’ profiles can be seen in the Directors’ Profile 3. If there is an urgent issue that needs to be discussed in
section in this Annual Report. the Credit Policy Committee, the relevant Business Unit
may propose a meeting to the Secretary of the Credit
Statement of Independence of The Credit Policy Policy Committee.
Committee 4. The Credit Policy Committee Meeting is chaired by
the President Director as the Chairman of the Credit
All members have no affiliation with other Directors, Policy Committee. If the Chairman of the Credit Policy
Commissioners, or Controlling Shareholders, nor are they Committee is unavailable, the meeting will be led by a
shareholders of the Company, which could affect their Substitute Chairman as stipulated.
ability to act independently; Commissioners, Directors, and 5. A Credit Policy Committee meeting is declared to have a
employees from companies that have affiliations or business quorum if attended:
with BRI. a. Chairman of the Committee ;
b. Permanent Members with Voting Rights;
Training and/or Improving The Competency of The c. 2Two-thirds of the Permanent Members without
Credit Policy Committee in 2025 voting rights and Non-Permanent Members (with or
without voting rights).
Training and/or competency improvement can be seen in 6. Decisions in the Committee Meeting are made based
the Training and/or Competency Improvement section of the on deliberation and consensus. If consensus is not
Board of Directors in this Annual Report. reached, the Committee Meeting decision is considered
valid if approved by 50% (fifty percent of the attending
Meetings and Duties Implementation of The Credit committee members plus one (1) additional member.
Policy Committee in 2025 7. If the changes to the KPB (Credit Policy Book) are
nonmaterial, the Credit Policy Committee’s decision may
MEETING POLICY be made through a circular memo with approval from the
Chairman and other Committee Members with Voting
1. The Credit Policy Committee Meeting is held periodically Rights.
at least once a year.
2. The Credit Policy Committee Meeting is conducted to
propose the formulation, amendment, or revision of
credit policies (KPB and other credit policies), as well
REALIZATION OF MEETINGS AND IMPLEMENTATION OF DUTIES OF THE CREDIT POLICY COMMITTEE IN 2025
No. Date Meeting Agenda
1 November 04, 2025 Determination of the Credit Delegation of Authority (PDWK) for Corporate, Commercial, Medium,
Small, and Consumer loans.
PT Bank Rakyat Indonesia (Persero) Tbk. 805
Page 806
Corporate
Governance
Credit Committee CREDIT COMMITTEE MEMBERSHIP STRUCTURE
The Credit Committee is an operational committee that 1. According to the type of authority it has, the Credit
assists the Board of Directors in evaluating and/or deciding Committee is divided into:
on loan applications for certain amounts and/or types of loan a. Non-Restructuring Credit Committee, namely a
determined by the Board of Directors. credit committee that has the authority to decide on
new loan initiatives, extensions, supplementations,
CREDIT COMMITTEE CHARTER changes to terms, and other loan decisions not within
the framework of restructuring; and
In carrying out its duties, the Credit Committee refers to b. Credit Restructuring Committee, namely the credit
the Decree of the Board of Directors NOKEP: S.469-DIR/ committee that has the authority to decide on loan
KRD/03/2022 and its amendments concerning the Credit initiatives in the context of restructuring performing
Committee which regulates the Organization, Duties and loans and non-performing loans, loan settlements,
Responsibilities and Work Procedures. loan write-offs, and write-offs.
2. Each credit committee consists of members from the
DUTIES AND RESPONSIBILITIES OF THE CREDIT Risk function and the Business function.
COMMITTEE 3. The structure and members of the credit committee
are under the applicable SE PDWK (Credit Delegation
1. Provide decisions on approving or rejecting loans by the Authority Decision).
authority limits determined by the Board of Directors, 4. Each credit committee is based at the Head Office,
including choosing/changing the loan structure and Regional Offices, Special Branch Offices, and Overseas
terms. Business Units (UKLN).
2. Conduct duties in providing loan decisions based on 5. For the Credit Committee involving the Board of Directors
professional skills honestly, objectively, carefully, and and SEVPs, the allocation of Risk and Business function
thoroughly. roles is governed by the Decree on the Delegation of
3. Reject requests and/or influence from interested parties Credit Authority (PDWK) in effect.
to provide loan approval that is only a formality or outside 6. In their capacity as members of the Credit Committee,
of sound loan principles. each approving member acts as a Credit Approving
4. Sign the Loan Decision form (or other media determined Officer according to their functional role (Risk or
by the Board of Directors and function as a loan decision) Business) within the Credit Committee as stipulated
as proof of the loan decision and as a manifestation of in the applicable PDWK Decree, rather than by their
the Financing Committee’s responsibility. functional position as Board members or SEVPs of their
respective divisions.
The membership structure of the Credit Committee is as follows.
Membership Structure Position Function Voting Rights
President Director Permanent Member Risk √
Vice President Director Permanent Member Risk √
Director of Risk Management Permanent Member Risk √
Director of Finance Permanent Member Risk √
Director of Digital and Information Technology Permanent Member Risk √
Director of Human Capital Permanent Member Risk √
SEVP Change Management & Transformation Office Permanent Member Risk √
SEVP Fixed Asset Management & Procurement Permanent Member Risk √
SEVP Operations Permanent Member Risk √
SEVP Strategi Human Capital Permanent Member Risk √
Director of Wholesale dan Institutional Business Permanent Member Business √
Director of Micro Business Permanent Member Business √
806 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Membership Structure Position Function Voting Rights
Director of Small and Medium Business Permanent Member Business √
Director of Consumer Business Permanent Member Business √
Director of Network dan Services Permanent Member Business √
SEVP Commercial Business Permanent Member Business √
SEVP Treasury & Global Services Business Permanent Member Business √
SEVP Ultra Micro Business Permanent Member Business √
CREDIT COMMITTEE MEMBER PROFILE
The profile can be seen in the Directors’ Profile section in this Annual Report.
CREDIT COMMITTEE INDEPENDENCE STATEMENT
All members of the Credit Committee have no affiliation with other Directors, Commissioners or Controlling Shareholders, are
not shareholders of the Company that could affect their ability to act independently, Commissioners, Directors or employees of
companies that have affiliations or business with BRI.
TRAINING AND/OR COMPETENCY IMPROVEMENT OF CREDIT COMMITTEE IN 2025
Training and/or competency improvement can be seen in the Training and/or Competency Improvement section of the Board
of Directors in this Annual Report.
MEETINGS AND IMPLEMENTATION OF DUTIES OF THE CREDIT COMMITTEE IN 2025
Meeting Policy
1. The Credit Committee Meeting is valid if attended by at least members of the Credit Committee according to the composition
of the Credit Committee in the PDWK provisions, both in terms of the number and composition of the Risk function and
Business function ranks and members of the Credit Committee who are mandatory to attend.
2. Credit Committee Meetings can be held physically, or by conference via electronic media agreed upon by each member of
the Credit Committee who participates.
3. The Secretary of the Credit Committee is responsible for coordinating the implementation of the Credit Committee Meeting
(RKK) such as the time and place of implementation including documenting/compiling the RKK Minutes and providing the
RKK Minutes.
Realization of Meetings and Implementation of Credit Committee Duties in 2025
Frequency Quorum
Number of
Month Date of RKK Agenda Attendance &
Decisions
Implementation Verdict
January 21 1 6 Discussion and granting of corporate Quorum
segment Corporate and Commercial
February 4, 30 2 15 Quorum
March 4, 11, 18 3 23 Quorum
April - 0 0 -
May 7, 16, 21, 26 4 24 Quorum
June 11, 17, 18, 24, 25, 26 6 26 Quorum
July 2, 9, 16, 23, 24, 7 23 Quorum
25, 30
August 6, 13, 20, 27 4 26 Quorum
PT Bank Rakyat Indonesia (Persero) Tbk. 807
Page 808
Corporate
Governance
Frequency Quorum
Number of
Month Date of RKK Agenda Attendance &
Decisions
Implementation Verdict
September 3, 10, 17, 24 4 25 Quorum
October 1, 8, 15, 22, 27, 29 6 35 Quorum
November 5, 11, 12, 19, 26, 27 6 26 Quorum
December 3, 4, 10, 15, 16, 7 15 Quorum
23, 24
Total 50 244
Environmental, Social & Governance (ESG) Committee
The Environmental, Social & Governance (ESG) Committee is a committee responsible for approving and providing direction on
the implementation of policies and governance related to ESG, the determination of work programs, the reporting of data and
information, ESG rating reports, the determination of material issues, follow-up action plans, as well as other matters related to
ESG and Corporate Social and Environmental Responsibility (TJSL).
Environmental, Social & Governance (ESG) Committee Charter
In carrying out its duties, the Environmental, Social & Governance (ESG) Committee refers to the Director’s Decree Nokep.:
5894-DIR/PPM/11/2025 dated November 25, 2025 regarding the Environmental, Social & Governance (ESG) Committee of
PT. Bank Rakyat Indonesia (Persero) Tbk., which regulates the Organization, Representatives and Attendance, Duties,
Authorities, Responsibilities, and Work Procedures.
Duties and Responsibilities of The Environmental, Social & Governance (ESG) Committee
The Environmental, Social, and Governance Committee has the following duties and responsibilities:
1. Approving and providing direction on the review and evaluation results related to the implementation of policies or
governance of ESG initiative parameters and TJSL initiatives, which have been prepared by the relevant Business Unit and
then proposed by the Committee Support Team.
2. Establishing work programs that fall under the ESG initiatives and TJSL initiatives category based on the recommendations
of the Committee Support Team.
3. Approving and providing direction on the review and evaluation results related to the implementation of work programs
within the ESG initiative and TJSL initiative parameters, as well as the reporting of data and information related to ESG.
4. Approving and providing direction on the review results related to ESG rating reports, investor concerns, or other third-party
assessments regarding BRI’s ESG and TJSL performance and implementation.
5. Determining material issues based on ESG Rating reports, investor concerns or other third-party assessments regarding
BRI’s ESG and TJSL performance and implementation.
6. Approving follow-up action plans based on review and evaluation results, which can then be proposed as new work
programs to be further addressed by the relevant Business Unit.
7. Approving and providing direction on ESG and TJSL-related issues, including regulations, global initiatives, business
practices, and other important ESG and TJSL-related information.
Environmental, Social & Governance (ESG) Committee Membership Structure
Membership Structure Position Voting Rights
President Director Chairman √
Vice President Director Alternate Chairman (concurrently Permanent Member) √
Group Head, Environmental, Social, & Governance or ESG Secretary (concurrently Permanent Member) -
Management Business Unit
Director of Finance & Strategy Permanent Member √
Director of Corporate Banking Permanent Member √
808 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Membership Structure Position Voting Rights
Director of Network & Retail Funding Permanent Member √
SEVP Wholesale Risk Permanent Member √
Director of Legal & Compliance Permanent Member -
Directors or related SEVP Section Non Permanent Member √
Committee Support Team
Investor Relation Group
Planning, Budgeting & Performance Management Group
Corporate Secretary Group
Micro Business Development Group
Distribution Strategy Group
Credit & Product Risk Policy Group
Corporate Development & Strategy Group
Environmental, Social & Governance (ESG) 3. Committee can also take a binding resolution outside
Committee Member Profile ESG Committee.
4. ESG Committee meetings may be held outside the
The profiles can be checked in the Board of Directors Profile regular schedule if there are important and urgent issues.
section of this Annual Report. 5. The committee Chair chairs ESG Committee meetings. In
the event that the Committee Chair is unable to attend,
Environmental, Social & Governance (ESG) the meeting will be chaired by an Alternate Chair as
Committee Independence Statement stipulated in Article 2 of this Decree.
6. ESG Committee meetings can be held if attended by at
All members have no affiliation with other Directors, least 2/3 (two-thirds) of the Committee Members and
Commissioners, or Controlling Shareholders. They are not attended by the Committee Chair.
shareholders of the Company who could influence their 7. Decisions of the ESG Committee meetings are made
ability to act independently, nor are they Commissioners, through deliberation and consensus. If an agreement is
Directors, or employees of companies affiliated with or not reached, the decisions of the ESG Committee meeting
conducting business with BRI. shall be considered valid if it is approved by 50% (fifty
percent) of the total voting Committee Members plus one
Training and/or Competency Improvement of (1) Committee Member, including the Committee Chair.
Environmental, Social & Governance (ESG)
Committee in 2025 REALIZATION OF MEETINGS AND IMPLEMENTATION
OF ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG)
Training and/or competency development can be found COMMITTEE DUTIES IN 2025
in the Board of Directors’ Training and/or Competency
Development section of this Annual Report.
No. Date Meeting Agenda
Meetings and Implementation of Environmental, 1 January 6, 2025 1. Publication of materiality analysis
Social & Governance (ESG) Committee Tasks in in BRI's 2024 Sustainability Report
(SR)
2025
2. Environmental Topics and ESG
Initiatives 2025
MEETING POLICY
2 November 24, Application for Decision on BRI's
2025 long-term RKAB (2026-2030) and
1. The Committee Support Team prepares and analyzes BRI's short-term RAKB (2026)
studies according to their respective scopes.
2. The ESG Committee meetings are held regularly at least
twice a year.
PT Bank Rakyat Indonesia (Persero) Tbk. 809
Page 810
Corporate
Governance
Human Capital Committee Meeting Policy
Committee at the Head Office that has the authority to 1. The Human Capital Committee meeting is led by the
determine strategic and operational policies in the field of Committee Chair. In the event that the Committee Chair
Human Capital. Human Capital Committee Organization PT is absent, the Human Capital Committee meeting is led
Bank Rakyat Indonesia (Persero) Tbk. Consist of: by the Alternate Committee Chair.
1. Human Capital Policy Field 2. All members of the Human Capital Committee have the
2. Talent Field same duties and responsibilities.
3. Performance Management Field 3. The organization of Human Capital Committee meeting,
4. Job Evaluation Field as referred to in point 1, is the responsibility of the
Committee Secretary, which includes:
Human Capital Committee Charter a. Prepare meeting agendas;
b. Presenting meeting materials;
In carrying out its duties, the Human Capital Committee c. Preparing Meeting Minutes;
refers to the Board of Directors Decree Nokep: 5895-DIR/ d. Follow up and/or forward meeting results to the
PPM.11.2025 dated November 25, 2025 regarding the Human relevant Business Unit as needed;
Capital Committee of PT Bank Rakyat Indonesia (Persero) e. Monitoring the follow-up actions from the meeting
Tbk., which regulates its Objectives, Organizations, Scopes, results.
and Work Procedures. 4. If there is an important and urgent issue that requires
a solution and/or attitude from the Human Capital
Profile of Members of The Human Capital Committee, the relevant Business Unit can propose
Committee to the Committee Secretary to hold a Human Capital
Committee Meeting.
The profile can be seen in the Directors’ Profile section in this 5. A meeting meets a quorum if it is attended by a minimum
Annual Report. of 50% (fifty percent) plus 1 (one) of all Committee
members and must be attended by the Committee Chair
Statement of Independence of The Human Capital or Alternate Committee Chairperson.
Committee 6. The Human Capital Committee’s decisions are determined
by deliberation and consensus by the members present.
All committee members have no affiliation with other In the event that no agreement is reached, the decision
Directors, Commissioners, or Controlling Shareholders, and of the Human Capital Committee is declared valid and
are not shareholders of the Company, which can influence binding if 50% (fifty percent) of the total Committee
their ability to act independently, Commissioners, Directors, Members plus 1 (one) Committee Member vote in
or employees of companies that have affiliations or do agreement with the following provisions:
business with BRI. a. In the event that there are Directors in the
Management or Committee Members, the Committee
Training and/or Improving The Competency of The Chair or Substitute Committee Chair and the Human
Human Capital Committee in 2025 Capital Director vote in favor.
b. In the event that there are no Directors in the
Training and/or competency development can be seen in the Management or Committee Members, the Committee
Training and/or Competency Development of the Board of Chair votes in favor.
Directors section in this Annual Report. 7. The Committee’s approval is documented in a document
signed by the Chairman and the Committee Members
present.
8. The Human Capital Committee may make decisions
through a circular memorandum.
9. The Human Capital Committee meeting cannot be held,
the Human Capital Committee can make a decision
through a Circular Service Note with the approval of the
Committee Chair and other Committee Members.
10. If necessary, the Human Capital Committee may invite
Other relevant Parties as speakers.
11. The Presence of the President Director and/or Vice
President Director adds to the Permanent Members with
voting rights.
810 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 811
Annual Report
2025
Human Capital Committee for Human Capital MEETING AND IMPLEMENTATION OF THE HUMAN
Planning & Policy CAPITAL COMMITTEE’S DUTIES FOR HUMAN CAPITAL
PLANNING & POLICY IN 2025
DUTIES AND RESPONSIBILITIES OF THE HUMAN
CAPITAL COMMITTEE FOR HUMAN CAPITAL PLANNING Throughout 2025, the Human Capital Committee for
& POLICY Human Capital Planning & Policy has carried out its duties
by stipulating strategic policy in the human capital sector,
1. Establishing development strategy priorities, policy conducting development, policy course, and improving BRI
directions and improving the quality of BRI’s human human capital quality.
capital by referring to the Bank’s Business Plan (RBB) and
BRI’s Corporate Plan. Human Capital Committee for Talent Field
2. Establishing strategic policies in the field of human
capital. DUTIES AND RESPONSIBILITIES OF THE HUMAN
CAPITAL TALENT COMMITTEE
MEMBERSHIP STRUCTURE OF THE HUMAN CAPITAL
COMMITTEE FOR HUMAN CAPITAL PLANNING & POLICY 1. Determining the Talent Cluster, including identifying and
determining top talent (Brilian Society Member).
2. Determining the Succession Plan for all positions.
Voting
Membership Structure Position 3. Determining the Talent Pool based on employees’ areas
Rights
of expertise.
President Director Chairman √ 4. Making decisions regarding the Talent Review/Talent
(concurrently Panel
Permanent
Member)
MEMBERSHIP STRUCTURE OF THE TALENT FIELD
Vice President Director Alternate Chairman √
(concurrently HUMAN CAPITAL COMMITTEE
Permanent
Member)
Talent Division 1 (for employees at the SEVP level, Corporate
Group Head, Human Capital Secretary √ Band 1)
taking charge of Related Policy (concurrently
Permanent
Member)
Voting
Membership Structure Position
Director of Human Capital & Permanent √ Rights
Compliance Member
President Director Chairman √
SEVP Human Capital Permanent √
(concurrently
Member
Permanent
Director or related SEVP Section Non-Permanent √ Member)
Member
SEVP Human Capital Secretary √
Group Head, Human Capital Non-Permanent √ Concurrently
Strategy & Policy Member serving as a
Permanent
Group Head, Human Capital Non-Permanent √ Member for
Business Partner 1 Member Corporate Band 1
Sub-Directorate
Group Head, Human Capital Non-Permanent √ of Human Capital
Service Member Employee
Group Head, Culture Non-Permanent √ Concurrently -
Transformation Member serving as a
Permanent
Group Head, Corporate Non-Permanent √ Member for
University Member Corporate Band 1
Sub-Directorate
of Human Capital
Employee
Directors for SEVP Employees Permanent √
Member
Director and related SEVP for
Corporate Band 1 Employee
PT Bank Rakyat Indonesia (Persero) Tbk. 811
Page 812
Corporate
Governance
Talent Division 2 (for employees at Corporate Band 2 dan Committee Number of
Agenda
Corporate Band 3 level ) Name Meetings
Talent Talent Committee Meeting 598
Committee III with the agenda coverage as
Voting per Decree NOKEP: 5895-DIR/
Membership Structure Position
Rights PPM/11/2025 for Corporate
Band 4 to Corporate Band 7
Director of Human Capital Chairman √ Employees
(concurrently
Permanent
Member)
Human Capital Committee for Performance
• Group Head, Human Capital Secretary -
Business Partner 1; (concurrently Management
• Group Head, Human Capital Permanent
Business Partner 2 in Member without
accordance with the section
DUTIES AND RESPONSIBILITIES OF THE HUMAN
voting rights)
CAPITAL COMMITTEE FOR PERFORMANCE
• Director as per Section/ Permanent √
MANAGEMENT
Counselor Member (with
• SEVP Human Capital voting rights)
• SEVP Related Fields 1. Establishing KPIs for Directorates, Sub-Directorates,
• Related BOD-1 Business Unit
Leader BOO-1 Business Units (including Regional Offices),
(If Business Unit Leader Branch Offices, Sub-Branch Offices, and BRI Units.
includes in the discussed
Corporate Band 2 or 2. Evaluating and determining the performance challenge
Corporate Band 3, he/she will ratings and methods used for BOD-1 Business Units and
be Member).
Branch Offices .
3. Evaluating and determining individual performance
Talent Division 3 (for employees at Corporate Band 4, predicate for BOD-1, Corporate Band 2, Corporate Band
Corporate Band 5, Corporate Band 6, Corporate Band 7 level) 3, dan Branch Leader.
HUMAN CAPITAL COMMITTEE MEMBERSHIP
Voting
Membership Structure Position STRUCTURE FOR PERFORMANCE MANAGEMENT
Rights
• Group Head, Human Capital Chairman √ Planning Sub-Division 1 (for KPI Directorates, Sub-
Business Partner 1 (concurrently Directorates, Regional Offices, Branch Offices, KCPs and BRI
• Group Head, Human Capital Permanent
Business Partner 2 in Member with Units)
accordance with the section voting rights)
Department Head, Human Secretary -
Voting
Capital Business Partner in (concurrently Membership Structure Position
accordance with the section Permanent Rights
Member without
voting rights) President Director Chairman √
(concurrently
Head of the related BOD-1 Permanent √ Permanent
Business Unit Member (with Member with
voting rights) voting rights)
Vice President Director Alternate Chairman √
MEETING AND IMPLEMENTATION OF DUTIES OF THE (concurrently
Permanent
HUMAN CAPITAL COMMITTEE FOR TALENT IN 2025
Member with
voting rights)
Committee Number of • Group Head, Planning, Secretary -
Agenda Budgeting & Performance (concurrently
Name Meetings
Management Permanent
• Group Head, Distribution Member without
Talent Talent Committee Meeting 16 Strategy voting rights)
Committee I with the agenda coverage as
per Decree NOKEP: 5895-DIR/ All Directors or SEVP Permanent √
PPM/11/2025 for SEVP and Member
Corporate Band 1 Employees
Talent Talent Committee Meeting 98
Committee II with the agenda coverage as
per Decree NOKEP: 5895-DIR/
PPM/11/2025 for Corporate
Band 2 and Corporate Band 3
Employees
812 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 813
Annual Report
2025
Planning Sub-Division 2 (for KPI Group/ Team BOD-1) Sub-Section of Individual Performance Predicate 1 (Individual
Performance Predicate of BOD-1 Business Unit Leader)
Voting
Membership Structure Position
Rights Voting
Membership Structure Position
Rights
Director of Finance & Strategy Chairman √
concurrently a President Director Chairman √
Permanent Member
(concurrently
(with Voting Rights)
Permanent Member
with voting rights)
Group Head, Planning, Secretary -
Budgeting & Performance (concurrently Vice President Director Alternate Chairman √
Management Permanent Member
(concurrently
no voting rights)
Permanent Member
with voting rights)
Directors or related SEVP Permanent Member √
Section (with Voting Rights) Group Head, Human Capital Secretary -
Strategy & Policy (concurrently
Permanent Member
Evaluation Sub-Division 1 (for Regional Office Performance, without voting
Regional Audit Office dan Group/Team BOD-1/UKLN) rights))
All Directors or SEVP Permanent Member √
(concurrently
Voting Permanent Member
Membership Structure Position with voting rights)
Rights
President Director Chairman √
(concurrently Sub-Section of Individual Performance Predicate 2 (Individual
Permanent Member
with voting rights) Performance Predicate for Corporate Band 2 Employee and
Corporate Band 3)
Vice President Director Alternate Chairman √
(concurrently
Permanent Member
with voting rights) Voting
Membership Structure Position
Rights
• Group Head, Secretary -
Planning, Budgeting
& Performance Management Director of Field (Specifically for Chairman √
• Group Head, Distribution Internal Audit Staff by the SEVP (concurrently
Strategy of the Internal Audit Work Unit) Permanent Member
with voting rights)
All Directors or SEVP Permanent Member √
Group Head, Human Capital Secretary -
(with voting rights)
Strategy & Policy (concurrently
Permanent Member
without voting
Evaluation Sub-Division 2 (for branch office Performance)
rights)
• Related SEVP Sub Directorate Non-Permanent √
Voting • Related Group Head Member (with
Membership Structure Position Directorate voting rights)
Rights • Related Regional CEO
• Entire Regional Audit Chiefs
Regional CEO Chairman √
(concurrently
Permanent Member
with voting rights) Sub-Section of Individual Performance Predicate 3 (Branch
Leader Performance Predicate)
• Regional Chief Financial Secretary -
Officer (concurrently
• Department Head, Regional Permanent Member
Human Capital Business with voting rights) Voting
Membership Structure Position
Partner Rights
Regional Head Permanent Member √
Regional CEO Chairman √
Area Head (with voting rights)
(concurrently
Permanent Member
with voting rights)
• Department Head, Regional Secretary -
Human Capital Business (concurrently
Partner Permanent Member
• Regional Chief Financial without voting
Officer rights)
PT Bank Rakyat Indonesia (Persero) Tbk. 813
Page 814
Corporate
Governance
Voting MEETING AND IMPLEMENTATION OF THE HUMAN
Membership Structure Position
Rights CAPITAL COMMITTEE FOR JOB EVALUATION IN 2025
• Regional Head Permanent Member √
• Area Head
No. Date Meeting Agenda
1 January 15, 2025 Application of Decision of Human
MEETINGS AND TASK IMPLEMENTATION OF THE Capital Committee of Job Evaluation
Division on the Proposal for
HUMAN CAPITAL COMMITTEE IN PERFORMANCE
Determining Job Grades (JobGrade)
MANAGEMENT FOR 2025 in the FMA Division
2 February 12, 2025 Application of Decision of Human
Capital Committee of Job Evaluation
No. Date Meeting Agenda Division on the Proposal for
Determining Job Grades (JobGrade)
1 February 12, 2025 Implementation of Human Capital in the KRD and Project Management
Committee of Performance Office Business unit (PMO) Division
Management (PMC) for the 2024
Individual BoD-1 Employee 3 July 01, 2025 Application of Decision of Human
Capital Committee of Job Evaluation
2 March 13, 2025 Implementation of Human Capital Division on the Proposal for
Committee of Performance Determining Job Grades (JobGrade)
Management (PMC) for the 2024 on area head
Individual Subsidiary Band 1 and
Band 2 4 July 18, 2025 Application of Decision of Human
Capital Committee of Job Evaluation
Division on the Proposal for
Determining Job Grades (JobGrade)
Human Capital Committee for Job Evaluation on Operational Supervisor and
service/Universal Banker Leader
BRI Unit
DUTIES AND RESPONSIBILITIES OF THE HUMAN
CAPITAL COMMITTEE FOR JOB EVALUATION 5 August 01, 2025 Application of Decision of Human
Capital Committee of Job Evaluation
Division on the Proposal for
The Human Capital Committee's field of job evaluation is Determining Job Grades (JobGrade)
determining position groups. in the Commercial Banking Center
MEMBERSHIP STRUCTURE OF THE HUMAN CAPITAL Information Technology Steering Committee
COMMITTEE FOR JOB EVALUATION
The Information Technology Steering Committee is a Board of
Directors Committee responsible for providing direction and
Voting
Membership Structure Position recommendations on the planning, governance, development
Rights
and operation of information technology. In addition, the
Director of Finance & Strategy Chairman √ Technology Steering Committee also assists the Board
(concurrently of Directors in identifying key risks related to information
Permanent Member
with voting rights) technology disruptions, cybersecurity and disaster recovery.
Through the Technology Steering Committee, it ensures that
Director of Human Capital & Alternate Chairman √
Compliance (concurrently these risks are managed and integrated into the overall risk
Permanent Member management framework.
with voting rights)
• Group Head taking charge of Secretary - Information Technology Steering Committee
Organizational Development (concurrently
(OD) of the corporate level Permanent Member
Charter
• Group Head taking charge of without voting
HC Strategy rights) In carrying out its duties, the Information Technology
• Director of Risk Management Permanent Member √ Steering Committee is governed by the Board of Directors
• SEVP Human Capital (with voting rights) Decree Nokep: 5896-DIR/PPM/11/2025 dated November
25, 2025 concerning the Information Technology Steering
Committee of PT Bank Rakyat Indonesia (Persero) Tbk, which
regulates its Objectives, Organization, Duties, Authority,
Responsibilities, and Work Procedures.
814 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 815
Annual Report
2025
Duties and Responsibilities of The Information Voting
Membership Structure Position
Technology Steering Committee Rights
Group Head, IT Application Permanent Member √
The Information Technology Steering Committee has the Support
following responsibilities:
Group Head, IT DC Permanent Member √
1. The long-term Information Technology Strategic Plan Infrastructure & Operations
aligns with the Corporate and Bank Business Plan
Group Head, CISO Office Permanent Member √
outlined in BRI’s ITSP.
2. Formulation of Crucial Information Technology policies, Group Head, IT Endpoint Permanent Member √
Services & Operations
standards, and procedures.
3. Compatibility between approved Information Technology Group Head, Enterprise Data Permanent Member √
projects and BRI ITSP. Management & Analytics
4. Suitability of the current technology architecture Senior Operational Risk Head Permanent Member √
(baseline) with BRI’s Information Technology architecture (SORH) Information Technology
targets in supporting business capabilities. Group Head, Digital Risk Permanent Member √
5. Conformity between the implementation of the
Group Head, Planning, Permanent Member √
Information Technology project and the agreed project Budgeting & Performance
plan. Management
6. Compatibility between Information Technology and the
Director of or SEVP of the Non-Permanent √
needs of management information systems and the Relevant Field Member
needs of the Bank’s business activities.
Director or SEVP of the Relevant Non-Permanent √
7. Effectiveness of steps in minimizing risks on Bank Field; or Division Head of the Member
investments in the Information Technology sector so that Relevant Section
Bank investments in the Information Technology sector Group Head of the Relevant Non-Permanent √
contribute to achieving the Bank’s business objectives. Section Member
8. Monitor information technology performance and efforts Director of Human Capital & Permanent Member -
to improve information technology performance. Compliance
9. Efforts to resolve various problems related to Information
Technology that cannot be determined by the Information
Technology User and Operator Business Unit effectively, Profile of Information Technology Steering
efficiently, and on time. Committee Members
10. Adequacy and allocation of resources owned by the
Bank. The profile can be seen in the Directors’ Profile section in this
Annual Report.
Membership Structure of The Information
Technology Steering Committee Statement of Independence of The Information
Technology Steering Committee
Voting
Membership Structure Position All committee members have no affiliation with other
Rights
Directors, Commissioners, or Controlling Shareholders, and
Director of Information Chairman √ are not shareholders of the Company, which can influence
Technology their ability to act independently, Commissioners, Directors,
Director of Operations Alternate Chairman √ or employees of companies that have affiliations or do
(concurrently business with BRI.
Permanent
Member)
Training and/or Improving The Competency of The
Group Head IT Strategy & Secretary -
Enterprise Architecture (concurrently
Information Technology Steering Committee In
Permanent 2025
Member)
Director of Risk Management Permanent Member √ Training and/or competency improvement can be seen in
the Training and/or Competency Improvement section of the
Director of Finance & Strategy Permanent Member √
Board of Directors in this Annual Report.
SEVP Digital Banking Permanent Member √
Group Head, IT Application Permanent Member √
Development
PT Bank Rakyat Indonesia (Persero) Tbk. 815
Page 816
Corporate
Governance
Meetings and Implementation of Duties of The REALIZATION OF MEETINGS AND IMPLEMENTATION OF
Information Technology Steering Committee in DUTIES OF THE INFORMATION TECHNOLOGY STEERING
2025 COMMITTEE IN 2025
MEETING POLICY During 2025, the Information Technology Steering Committee
carried out its duties by holding 2 (two) meetings, with the
1. The Information Technology Steering Committee holds following details:
regular meetings at least twice a year.
2. The Information Technology Steering Committee
No. Date Meeting Agenda
meetings may be held outside the regular schedule if
there are important and urgent issues, including: 1. February 28, 2025 Kickoff Meeting of the IT Strategic
a. Significant changes in the Information Technology Plan (ITSP) BRI 2025-2029 drafting
Strategic Plan due to business condition changes,
2. November 17, 2025 Document approval of IT Strategic
macroeconomic factors, IT project adjustments, or Plan (ITSP) BRI 2025-2029
other factors;
b. Regulatory changes requiring an immediate response
or action from the organization; Procurement Committee
c. Force majeure conditions caused by natural factors,
human factors, external disruptions, or other The Procurement Committe is a committee at the Head
disruptive factors; Office that has the duty and authority to evaluate and make
d. Factors leading the Board of Directors to decide to decisions on requests for the results of a procurement with
hold an Information Technology Steering Committee a specific value.
Meeting.
3. The Committee Meeting is chaired by the Director of Charter of Procurement Committe
Digital & Information Technology. In the event that the
Director of Digital & Information Technology is unable In carrying out its duties, the Procurement Committe refers
to attend, the meeting will be chaired by the Alternate to the Board of Directors’ Decreee Nokep.: 5897-DIR/
Chairperson as stipulated in Article 3 of this Decree. PPM/11/2025 dated November 25, 2025 concerning the
4. The Committee Meeting can be held if attended by at Procurement Committee, which regulates its Organization,
least 2/3 (two-thirds) of the Committee Members and Duties, Authorities, Responsibilities, and Work Procedures.
chaired by the Committee Chairperson.
5. Committee meeting decisions are made based on Duties and Responsibilities of The Procurement
deliberation to reach consensus. In the event that Committe
consensus is not reached, the decision is considered valid
if approved by 50% (fifty percent) of the total Committee 1. Making procurement decisions professionally and
Members (both permanent and non-permanent) present, honestly, while avoiding conflicts of interest in the
plus one additional vote from a Committee Member. approval process.
6. The coordination of the Information Technology 2. Approving or rejecting procurement proposals within
Steering Committee meetings is the responsibility of the its authority limit, when conducted through committee
Committee Secretary, with duties and responsibilities meeting.
including: 3. Provide procurement decisions through:
a. Preparing and sending meeting invitations. a. Minutes of Directors’ Meetings, or
b. Preparing and presenting meeting materials. b. Procurement Committee Meeting Minutes or
c. Drafting and distributing meeting minutes to the c. Circular Service Note.
members of the Information Technology Steering
Committee. Membership Structure of The Procurement
d. Monitoring the implementation of decisions made by Committe
the Information Technology Steering Committee in
the relevant business units. Procurement Committee 1 (Procurement Value > IDR150 Billion)
7. Consensus results and recommendations made in the
Information Technology Steering Committee meetings
Voting
may be annulled by the Board of Directors through a Membership Structure Position
Rights
Board of Directors meeting.
President Director Chairman √
Group Head, Procurement Secretary -
or Procurement Function
Management Business Unit
816 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 817
Annual Report
2025
Voting Procurement Committee 3 (Procurement Value > IDR30
Membership Structure Position
Rights Billion to IDR100 Billion)
Vice President Director Permanent √
Members
Voting
Membership Structure Position
Director of Treasury & Permanent √ Rights
International Banking Members
Director of Treasury & Chairman √
Director of Risk Management Permanent √ International Banking
Members
Group Head, Procurement Secretary -
Director of Finance & Strategy Permanent √ or Procurement Function
Members Management Business Unit
Director of Operations Permanent √
Director of Finance & Strategy Permanent √
Members
Members
Director/SEVP User2) Permanent √
Director of Risk Management Permanent √
Members
Members
Director of Human Capital & Permanent -
Director/SEVP User 2) Permanent √
Compliance3) Members
Members
Senior Operation Risk Head Permanent - Director of Human Capital & Permanent -
Procurement Members Compliance5) Members
Related Director/SEVP4) Non-Permanent √ Senior Operation Risk Head Permanent -
Members Procurement Members
Related Director/SEVP4) Non-Permanent √
Procurement Committee 2 (Procurement Value > IDR100 Members
Billion to IDR150 Billion )
Procurement Committee 4 (Procurement Value > IDR10
Billion to IDR30 Billion)
Voting
Membership Structure Position
Rights
Voting
Vice President Director Chairman √ Membership Structure Position
Rights
Group Head, Procurement Secretary -
or Procurement Function Director of Treasury & Chairman √
Management Business Unit International Banking
Director of Treasury & Permanent Group Head, Procurement Secretary -
International Banking Members or Procurement Function
Management Business Unit
Director of Risk Management Permanent √
Members Director/SEVP User 2) Permanent √
Members
Director of Finance & Strategy Permanent √
Members Director of Human Capital & Permanent -
Compliance5) Members
Director/SEVP User 2)
Permanent √
Members Senior Operation Risk Head Permanent -
Procurement Members
Director of Human Capital & Permanent -
Compliance3) Members Related Director/SEVP4) Non-Permanent √
Members
Senior Operation Risk Head Permanent -
Procurement Members Note:
1) In their position as well as in the capacity of an acting official.
2) If the Director of Human Capital & Compliance or SEVP in charge of Internal
Related Director/SEVP 4) Non-Permanent √ Audit acts as the User, the official authorized to grant approval is the Director
Members of Risk Management.
3) Outputs, such as the results of Compliance Test with approval from the
Director of Human Capital & Compliance in accordance with the provisions.
4) The Director or SEVP of the relevant field/Supervising Business Unit under the
type of procurement project.
5) Outputs, such as Compliance Opinion with approval from Group Head,
Compliance in accordance with provisions.
PT Bank Rakyat Indonesia (Persero) Tbk. 817
Page 818
Corporate
Governance
Profile of Procurement Committe from the Procurement Function Management Business
Unit (operational function) and risk assessment
The profile can be seen in the Directors’ Profile section in this document from the Operational Risk Management Unit
Annual Report. (Risk Management function) as part of risk mitigation
efforts
Statement of Independence of The Procurement 2. Decisions of the Procurement Committee are made
Committe during procurement Committee meetings. These
meetings are held at the Head Office or other locations,
All committee members have no affiliation with other and facilitated by the relevant Procurement Business
Directors, Commissioners, or Controlling Shareholders. They Unit.
are not shareholders of the Company, which could affect 3. Procurement Committee Decisions are made unanimously
their ability to act independently; Commissioners, Directors, and considered approved if all voting members present
and employees from companies with affiliations or business or represented agree.
with BRI. 4. If a Procurement Committee member is unavailable,
their duties and authority are transferred to a substitute
Training and/or Improving The Competency of The Director or SEVP, in accordance with the Director’s
Procurement Committe In 2025 Substitute Appointment Decree. The substitute Director
or SEVP may act in two capacities within the Procurement
Training and/or competency improvement can be seen in Committee – as a substitute Official and as a Committee
the Training and/or Competency Improvement section of the member.
Board of Directors in this Annual Report. 5. If a Procurement Committee meeting cannot be held,
decisions may be made through a Circular Memorandum,
Meetings and Duties Implementation of The with the approval of the Committee Chair and other
Procurement Committe in 2025 Committee members.
6. If the Board of Directors has decided the procurement
MEETING POLICY of goods and services through a Board of Directors
Meeting, the decision in question is equated with the
1. Procurement of goods and services proposed in conclusion of the Goods and Services Procurement
Procurement Committee I, II, and III requires prerequisite Committee as evidenced by the Minutes of the Board of
documents, including procurement proposal analysis Directors’ Meeting.
7. The duties and responsibilities of the facilitator for Procurement Committee meetings are carried out by the Secretary of the
Procurement Committee, including:
a. Coordinate the preparation of Committee meeting materials.
b. Prepare meeting agendas, schedules, and meeting places.
c. Carrying out correspondence, document reproduction, and committee document archiving functions.
d. Prepare minutes of meetings and minutes of the Goods and Services Procurement Committee.
e. Distribute Committee decisions to be followed up by related Business Unit.
REALIZATION OF MEETINGS AND DUTIES IMPLEMENTATION OF THE PROCUREMENT COMMITTE IN 2025
TMT January 1 – July 31, 2025
Procurement Committee Name Fiat Total Value
Procurement Committee 1 > 200 M 0 -
Procurement Committee 2 > 100 M sd 200 M 3 435.647.528.128
Procurement Committee 3 > 30 M sd 100 M 7 378.072.403.525
Procurement Committee 4 > 7.5 M sd 30 M 32 540.249.361.549
Total 42 1.353.969.293.202
818 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 819
Annual Report
2025
TMT August 1, 2025
Procurement Committee Name Fiat Total Value
Procurement Committee 1 > 150 M 1 154.461.217.680
Procurement Committee 2 > 100 M sd 150 M 0 -
Procurement Committee 3 > 30 M sd 100 M 13 713.803.028.496
Procurement Committee 4 > 10 M sd 30 M 14 294.488.290.846
Total 28 1.162.752.537.022
Product Committee Voting
Membership Structure Position
Rights
The Product Committee is a committee at the Head Office
Vice President Director Alternate Chairman √
responsible for making decisions on product planning 1 (concurrently
proposals, product monitoring and evaluation, product Permanent
Member)
discontinuation, and providing input and recommendations
on product Strategy. Director of Finance & Strategy Alternate Chairman √
2 (concurrently
Permanent
Product Committee Charter Member)
Group Head, Planning, Secretary -
In carrying out its duties, the Product Committee refers to the Budgeting & Performance
Board of Directors’ Decree NOKEP: 5898-DIR/PPM/11/2025 Management
dated November 25, 2025 concerning the Product Committee Director of Risk Management Permanent √
of PT Bank Rakyat Indonesia (Persero) Tbk., which regulates Member
its Objectives, Organizations, Scopes, and Work Procedures. Director of Information Permanent √
Technology Member
Duties and Responsibilities of The Product Director of Operations Permanent √
Committee Member
Director of Network & Retail Non-Permanent √
The Product Committee is responsible for making decisions Funding Member
(in accordance
on the following proposals: Director of Corporate Banking with the committee
1. Product Planning that meets one of the following criteria: topic)
Director of Treasury &
a. Has never been implemented by the Bank before;
Internasional Banking
b. Represents a development of an existing Bank
Product that results in a material change in the Director of Commercial Banking
risk exposure of the previously implemented Bank SEVP Corporate Transformation
Product .
SEVP Wholesale Risk
2. Product Discontinuation (in accordance with the BRI
Product Taxonomy List Decree). Director of Human Capital & Permanent -
Compliance Member
3. Review of product issues that cannot be resolved at the
Director/SEVP level. SEVP Internal Audit Permanent -
Member
Product Committee Membership Structure
Product Committee 1 non-wholesale segment
1. The Product Committee Organization at PT Bank Rakyat
Indonesia (Persero) Tbk. Consists of:
Voting
Membership Structure Position
Rights
Product Committee 1 the wholesale segment
President Director Chairman √
Voting Vice President Director Alternate Chairman √
Membership Structure Position 1 (concurrently
Rights
Permanent
Member)
President Director Chairman √
PT Bank Rakyat Indonesia (Persero) Tbk. 819
Page 820
Corporate
Governance
Voting Voting
Membership Structure Position Membership Structure Position
Rights Rights
Director of Finance & Strategy Alternate Chairman √ Director of Corporate Banking
2 (concurrently
Permanent Director of Treasury &
Member) International Banking
Group Head, Planning, Secretary - Director of Commercial Banking
Budgeting & Performance
Management SEVP Corporate Transformation
Director of Risk Management Permanent Member √ SEVP Wholesale Risk
Director of Information Permanent Member √ Director of Human Capital & Permanent Member -
Technology Compliance
Director of Operations Permanent Member √ SEVP Internal Audit Permanent Member -
Director of Network & Retail Non-Permanent √
Funding Member
(in accordance Product Committee 2 non-wholesale segment
with the committee
topic)
Director of Micro Voting
Membership Structure Position
Rights
Director of Consumer Banking
Director of Commercial Banking Director of Finance & Strategy Chairman √
(concurrently
SEVP Ultra Micro Business Permanent Member)
SEVP Digital Banking Director of Risk Management Alternate Chairman √
(concurrently
SEVP Retail Transaction & Permanent Member)
Funding
Group Head, Planning, Secretary -
Budgeting & Performance
SEVP Corporate Transformation
Management
SEVP Retail Risk
Director of Information Permanent Member √
Director of Human Capital & Permanent Member - Technology
Compliance
Director of Operations Permanent Member √
SEVP Internal Audit Permanent Member -
Director of Network & Retail Non-Permanent √
Funding Member
(in accordance with
Product Committee 2 the wholesale segment Director of Micro the committee topic)
Director of Consumer Banking
Voting Director of Commercial Banking
Membership Structure Position
Rights
SEVP Ultra Micro Business
Director of Finance & Strategy Chairman √ SEVP Digital Banking
(concurrently
Permanent SEVP Retail Transaction &
Member) Funding
Director of Risk Management Alternate Chairman √ SEVP Corporate Transformation
(concurrently
Permanent SEVP Retail Risk
Member)
Director of Human Capital & Permanent Member -
Group Head, Planning, Secretary - Compliance
Budgeting & Performance
Management SEVP Internal Audit Permanent Member -
Director of Information & Permanent Member √
Technology
2. The membership status of the Product Committee is ex-
Director of Operations Permanent Member √ officio.
Director of Network & Retail Non-Permanent √ 3. The Product Committee is categorized based on
Funding Member complexity, where Product Committee 1 handles high
(in accordance
with the committee complexity and Product Committee 2 handles moderate
topic) Complexity. The parameters for measuring complexity
(high/moderate) are regulated in the BRI Product
Management Circular Letter and its amendments.
820 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 821
Annual Report
2025
4. The determination of the complexity level for the Product Meeting and Implementation of Duties of The
Committee is conducted by the Initiating Business Unit Product Committee In 2025
and decided in the Pre-Product Committee forum, with
the following members: MEETING POLICY
1. Product Committee meetings are held in accordance
Membership Structure Position
with business needs and developments.
Planning, Budgeting & Performance Permanent
2. The chair of the Product Committee chairs Product
Management Group Member Committee meetings
(Secretary of Product Committee)
3. If a Product Committee Member is absent, the duties
Financial & Management Accounting Group Permanent and authority of the Product Committee Member are
Member replaced by a Substitute Director under the applicable
Operational Risk Group / Digital Risk Group / Permanent Decree. The Substitute Director has two capacities in the
Credit & Product Risk Policy Group / Market, Member Product Committee: Substitute Director and Member of
Portfolio & Enterprise Risk Group / IT & Fraud
Risk Group the Product Committee in making decisions.
4. Product Committee meetings can be held if attended by
Micro Risk Group / Consumer Risk Group / Permanent
Small Risk Group Member the Chair of the Committee and attended by Members
with Voting Rights with the following criteria:
Compliance Group/ Policy & Procedure Group / Permanent
Legal Group / AML, CFT, CPF Group Member
Customer Experience Group / Operational Permanent Product
No Attendance Requirements
Excellence Group / Digital Operation / Credit Member Committee
Operation / Central Operation
1. Product Committee 1 Minimum 3 (three) Members with
IT Strategy & Enterprise Architecture Group Permanent
Voting Rights
Member
2. Product Committee 2 Minimum 2 (two) Members with
Audit Standard & Quality Development Group / Permanent
Voting Rights
Wholesale & Head Office Audit / Retail Audit / IT Member
Audit Group *From the Members with Voting Rights present, there is a minimum of 1 (one)
Director
Corporate Development & Strategy Group Permanent
Member 5. Committee Meeting decisions are taken by deliberation
Initiator Business Unit/Product Owner Business Non-
and consensus. In the event that no agreement is
Unit and other Business Units related to product Permanent reached, the decision of the Committee Meeting is
development. Member
deemed valid with the approval of 50% (fifty percent) of
the total Committee Members who have Voting Rights
Profile of Product Committee Members plus 1 (one) Committee Member, including the Committee
Chair.
The profile can be seen in the Directors’ Profile section in this 6. Coordination of the organization of Product Committee
Annual Report. Meetings is the responsibility of the Committee Secretary.
7. If a Product Committee meeting cannot be held, the
Statement of Product Committee Independence Product Committee can make a decision through a
Circular Service Note with the approval of the Committee
All members have no affiliation with other Directors, Chair and other Committee Members. The Secretary of
Commissioners, or Controlling Shareholders, and are not the Product Committee carries out the decision-making
shareholders of the Company, which could affect their ability to process through Circular Service Note.
act independently; Commissioners, Directors, and employees 8. Minutes of the Product Committee Meeting are signed
from companies that have affiliations or business with BRI. by the Product Committee Secretary and the Chair of the
Product Committee and submitted to all SEVP Directors
Training and/or Improving The Competency of The and Business Unit at BRI Head Office related to the
Product Committee in 2025 intended Product Committee decision.
Training and/or competency improvement can be seen in REALIZATION OF MEETINGS AND IMPLEMENTATION OF
the Training and/or Competency Improvement section of the DUTIES OF THE PRODUCT COMMITTEE IN 2025
Board of Directors in this Annual Report.
No. Date Meeting Agenda
1 February 4, 2025 Proposal for Mutual Funds Feature in
Brimo
PT Bank Rakyat Indonesia (Persero) Tbk. 821
Page 822
Corporate
Governance
No. Date Meeting Agenda Representation and Attendance, Duties, Authorities, and
Responsibilities, and Work Procedures.
2 February 4, 2025 Proposal for Share Trading in Brimo
3 July 3, 2025 Proposal for Health Accident and Duties and Responsibilities of The Risk
Death Plus Microinsurance (AMKKM Management Committee
+)
4 July 25, 2025 Proposal for BRImo Junio Feature in 1. The Risk Management and ESG Committee for Risk
the BRImo Application
Management had the following duties and responsibilities:
5 August 20, 2025 Proposal for BRINotes Issuance a. Establish Risk Management Policies and their
amendments including implementation of risk
6 August 21, 2025 Proposal for Bond Feature in BRImo
management policies, risk management strategies
7 August 28, 2025 Proposal for BRImo New Skin and recovery plans if abnormal external conditions
8 August 28, 2025 Proposal for New Autoloan Business occured.
Model b. Determine the risk measurement methodology and
9 September 8, Resubmission of New Autoloan its changes.
2025 Business Model c. Set risk limits and changes.
10 September 15, Proposal for Onboarding BRIFINE via d. Determine the Risk Profile rating and Bank Soundness
2025 BRILINK Mobile Level and follow up if necessary.
11 September 29, Evaluation of Ceria Product
e. Establish corrective actions based on individual BRI
2025 capital analysis and stress testing.
Updating Feature of Handphone
f. Delivering Anti Fraud Strategy.
12 October 24, 2025
Number and Debit Card Activation via g. Presenting Trigger Level l Recovery Plan realization
ATM/CRM Machine analysis.
13 October 30, 2025 BRI Autoloan Scheme 1 of Leading & 2. Bidang Digital Risk memiliki tugas, wewenang, dan
Lagging Indicator Targets tanggung jawab untuk memberikan arahan, rekomendasi,
14 November 14, Development of Regional Pipeline tindak lanjut dan putusan terkait penerapan kebijakan
2025 Meaning Feature Application dan pengelolaan manajemen risiko digital PT. Bank
15 December 17, Updating Ceria Product Rakyat Indonesia (Persero) Tbk
2025 3. Credit Risk Section has the duty and responsibility to
provide direction, recommendations, follow-up and
decisions regarding the implementation of policies and
Risk Management Committee portofolio per segmen of productive assets of PT. Bank
Rakyat Indonesia (Persero) Tbk.
The Risk Management Committee is a committee at the Head
Office responsible for formulating the Risk Management Risk Management Committee Membership
Policy and its amendments, including the implementation of Structure
risk management policies and strategies. The Integrated Risk
Management Committee is a committee at the Head Office Risk Management has the following composition of
responsible for formulating the Risk Management Policy management and members::
and its amendments, including the implementation of risk
management policies and strategies in an integrated manner.
Voting
Membership Structure Position
Rights
Based on Decree No. NOKEP.5899-DIR/PPM/11/2025, The
organization of Risk Management Committee in PT Bank President Director Chairman √
Rakyat Indonesia (persero) Tbk consists of:
Vice President Director Alternate Chairman √
a. Risk Management Section I (concurrently
b. Digital Risk Section permanent
member)
c. Credit Risk Section
Director of Risk Management Alternate Chairman √
II (concurrently
Risk Management Committee Charter permanent
member)
In carrying out its duties, the Risk Management Committee Director of Finance & Strategy Permanent Member √
refers to the Director’s Decree Nokep.: 5899-DIR/
SEVP Retail Risk Permanent Member √
PPM/11/2025 dated November 25, 2025 concerning
the Risk Management Committee of PT. Bank Rakyat SEVP Wholesale Risk Permanent Member √
Indonesia (Persero) Tbk, which regulates the Organization,
822 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 823
Annual Report
2025
Voting Voting
Membership Structure Position Membership Structure Position
Rights Rights
Director of Human Capital & Permanent Member - Group Head Digital Retail Permanent Member √
Compliance Banking
Director or SEVP of the Relevant Non-Permanent √ Group Head Digital Wholesale Permanent Member √
Field Member Banking & Innovation
Management
Group Head, Market, Portfolio & Secretary -
Enterprise Risk (concurrently Group Head IT DC Infrastructure Permanent Member √
Permanent & Operations
Member)
Group Head CISO Office Permanent Member √
Group Head, Operational Risk Secretary -
(concurrently Group Head IT Endpoint Permanent Member √
Permanent Services & Operations
Member)
SORH Information Technology Permanent Member √
Related Business Unit Leader Non-Permanent -
Member Direksi dan SEVP di luar Non-Permanent √
anggota tetap terkait Member
Committee Support Team
Head of the Unit in the relevant Non-Permanent -
Market, Portfolio & Enterprise Risk Coordinator - field Member
Risk Group of Loan, Market,
Liquidity, and Committee Support Team
Strategic/Financial
Group under the Directorate of Credit, Market, -
Operational Risk Group Risk Coordinator of - Information Technology Liquidity and
Operational Risk, Strategic/Financial
Legal, Compliance, Risk Coordinator
and Reputation as
well as Risk Owner Operational Risk Group Risk Coordinator of -
of Operational Risk Operational, Legal,
Compliance and
IT & Fraud Risk Group Risk Owner of - Reputational risks
Operational Risk in as well as serving
the Fraud section as Risk Owner for
operational risk
Head Office Internal Audit Providing inputs -
Business Unit for adequacy and
effectiveness
evaluation of risk Credit Risk has the following composition of management
management
and members:
process
Voting
Digital Risk has the following composition of management Membership Structure Position
Rights
and members:
Director of Risk Management Chairman √
Voting Group Head, Micro Risk Secretary
Membership Structure Position
Rights
Group Head, Small Risk Secretary
Director of Risk Management Chairman √ Group Head, Consumer Risk Secretary
Director of Information Alternate Chairman √ Group Head, Credit & Product Secretary
Technology (concurrently Risk Policy
permanent member)
Director of Relevant Business Permanent Member √
Group Head Digital Risk Secretary √ Sector Credit
(concurrently
Permanent Member) Director of Operations Permanent Member √
SEVP Digital Banking Permanent Member √ SEVP Retail Risk Permanent Member √
Group Head IT Strategy & Permanent Member √ SEVP Wholesale Risk Permanent Member √
Enterprise Architecture
Director and SEVP in the Non-Permanent √
Group Head IT Application Permanent Member √
Related Field Member
Development
Head of the Relevant Unit Non-Permanent -
Group Head Enterprise Data Permanent Member √
Member
Management & Analytics
Committee Support Team
Group Head IT Application Permanent Member √
Support
PT Bank Rakyat Indonesia (Persero) Tbk. 823
Page 824
Corporate
Governance
Voting Voting
Membership Structure Position Membership Structure Position
Rights Rights
Commercial Credit Risk Group Commercial Credit - Wholesale & SME Recovery Risk Owner for -
Risk Owner Group SME and Corporate
Product Recovery
Corporate Credit Risk Group Corporate Credit -
Risk Owner Internal Audit Unit Provider of -
the adequacy
Micro & Consumer Collection Risk Owner - evaluation and
Group for Micro and risk management
Consumer Product process
Collections effectiveness
Profile of Risk Management Committee Members
The profile can be found in the Board of Directors section of this Annual Report.
Independence Statement of Risk Management Committee
All members have no affiliation with other Directors, Commissioners, or Controlling Shareholders, are not shareholders of
the Company that could influence their ability to act independently, nor are they Commissioners, Directors, or employees of
companies that have affiliations or business relations with BRI.
Training and/or Competency Enhancement for Risk Management Committee in 2025
Training and/or competency enhancement can be found in the Board of Directors’ Training and/or Competency Enhancement
section of this Annual Report.
Meetings and Implementation of Risk Management Committee Tasks in 2025
Meeting Policy
1. The Risk Management Committee meetings are held regularly at least once every quarter.
2. The meeting is chaired by the Committee Chair.
3. The meeting can be held if attended by at least 2/3 (two-thirds) of the Committee Members and the Chair.
4. Decisions at the meeting are made by consensus. If consensus is not reached, the decision is considered valid if approved
by 50% (fifty percent) of the Committee Members with voting rights plus 1 (one) additional Committee Member, including
the Chair.
Meetings’ Realization and Implementation of Risk Management Committee Duties in 2025
No. Date Meeting Agenda Division
1 January 20, 2025 Risk Profile BRI Quarter IV of 2024 and RBBR Semester II of 2024 Enterprise
Review Model RBBR 2025
Monitoring RAS, Trigger Level, EWI, Stress Test
Risk Issue and Risk Awareness Bankwide
2 March 7, 2025 Risk rating apps critical application, background checking IT outsource, update Digital
project data privacy maturity
3 March 17, 2025 RAS Monitoring , Trigger Level, EWI, Stress Test Enterprise
Risk Issue and Risk Awareness Bankwide
4 May 28, 2025 Risk Profile BRI Quarter I of 2025 Enterprise
RAS Monitoring , Trigger Level, EWI, Stress Test
Risk Issue and Risk Awareness Bankwide
5 July 28, 2025 Risk rating of critical applications & action plan management, deep dive of BRI Digital
flagship applications, BRI security layers, update of application super admin
user handover, TPRA managed service EDC merchant, handling of undefined /
unspecified components
824 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No. Date Meeting Agenda Division
6 July 22, 2025 Risk Profile BRI quarter II of 2025 and RBBR Semester I of 2025 Enterprise
RAS Monitoring, Trigger Level, EWI, Stress Test
Risk Issue and Risk Awareness Bankwide
7 October 9, 2025 Risk rating application, iRMS x ARIS integration, DPM Tools Digital
8 October 21, 2025 Risk Profile BRI Quarter III of 2025 Enterprise
RAS Monitoring, Trigger Level, EWI, Stress Test
Risk Issue and Risk Awareness Bankwide
9 December 19, 2025 Proposal for RAS Cascading and EWI Liquidity Remodelling Enterprise
RAS Monitoring , Trigger Level, EWI, Stress Test
Risk Issue and Risk Awareness Bankwide
10 December 22, 2025 Monitoring of micro segment credit risk portfolio, socialization of micro segment Credit
scoring dashboard, risk threshold, trigger and action (micro segment)
Transformation Steering Committee g. Determining the priority of strategic initiatives/projects
for implementation by the PMO and/or Project Owner
Transformation Steering Committee (TSC) is a Committee Business Unit.
at Head Office responsible for providing direction and h. Approving policies related to change management to
decisions on the strategy and implementation of strategic ensure strategic initiatives/projects are accepted by all
initiatives or transformation projects at BRI (including the levels of the organization.
BRIvolution strategic initiative or transformation project i. Making other decisions related to strategic initiatives/
and strategic initiatives or transformation projects other projects.
than BRIvolution). The key function of the TSC is to provide j. Resolving conflicts or cross-functional issues that
direction, supervise, resolve strategic issues that arise during arise during the implementation of strategic initiatives/
the implementation of transformation initiatives, and align projects.
initiatives to achieve the established transformation goals. k. Aligning with other work programs managed by relevant
Business Units, including providing guidance to minimize
Transformation Steering Committee Charter silos between segments or Business Units.
l. Providing guidance on the results of Post-Implementation
Performing its duties, the Risk Management Committee Reviews (PIRs) as part of lessons learned in the
referred to the Board of Directors Decree No.: 5904-DIR/ implementation of subsequent strategic initiatives/
PPM/11/2025 on November 25, 2025 concerning the projects.
Transformation Steering Committee of PT. Bank Rakyat m. Making decisions on matters not regulated in the Project
Indonesia (Persero) Tbk., which regulated the Organization, Management Implementation Guidelines (PPPM) or other
Delegation and Attendance, Duties, Authorities and policies and regulations related to strategic initiatives/
Responsibilities and Work Procedures. projects.
Duties and Responsibilities of The Transformation Transformation Steering Committee Membership
Steering Committee Structure
a. Providing direction at the corporate-level for the
Voting
Company's strategic initiatives/projects. Membership Structure Position
Rights
b. Providing direction for the implementation strategy of
strategic initiatives/projects to ensure alignment with the President Director Chairman √
achievement of the Company's strategic objectives.
Vice President Director Alternate Chairman √
c. Providing regular direction for the implementation of I (concurrently
permanent member)
strategic initiatives/projects and review the relevance of
strategic initiatives/projects to current developments. Director of Finance & Strategy Alternate Chairman √
II (concurrently
d. Monitoring the implementation of good governance in permanent member)
the implementation of strategic initiatives/projects.
Group Head, Corporate Secretary -
e. Making decisions on proposed resolutions to problems in Development & Strategy
the management of strategic initiatives/projects. Director of Network & Retail Permanent Member √
f. Making decisions on proposed changes to the scope, Funding
success parameters, timeline, and other matters stated Director of Information Permanent Member √
in the project charter, guided by applicable regulations. Technology
PT Bank Rakyat Indonesia (Persero) Tbk. 825
Page 826
Corporate
Governance
Voting present, at least one Director and the relevant Director/
Membership Structure Position
Rights SEVP for the PMO or initiative to be decided upon,
including the Committee Chairman).
Director of Risk Management Permanent Member √
5. Decisions at the Committee meeting are made by
Director of Human Capital & Permanent Member √ consensus. If consensus is not reached, the decision is
Compliance
considered valid if approved by 50% (fifty percent) of
Director of Operations Permanent Member √ the Committee Members with voting rights plus 1 (one)
SEVP Human Capital Permanent Member √ additional Committee Member, including the Chair.
6. Decisions made during TSC meetings are documented
Director or other SEVP sections Non-Permanent √
(as per topic relevance and Member in the TSC Minutes. The Project Owner's Business Unit
decision in the Transformation
Steering Committee) follows up on the decisions made in the TSC Minutes
and reports the results of the follow-up to the relevant
Project Owner Business Unit, Non-Permanent -
either PMO or Non-PMO, and Member Director/SEVP.
Project Supporting Business
Unit. 7. TSC Committee meetings can be held in person, but may
be conducted online based on specific considerations.
Profile of Transformation Steering Committee 8. The duties and responsibilities of the Committee
Members Secretary include, among others:
a. Coordinating the preparation of Committee meeting
The profile can be found in the Board of Directors section of materials.
this Annual Report. b. Preparing the meeting agenda, schedule, and
meeting venue.
Independence Statement of Transformation c. Carrying out correspondence functions, reproducing
Steering Committee documents, and performing the archiving function
for Committee documents.
All members have no affiliation with other Directors, d. Preparing the Committee Meeting Minutes and
Commissioners, or Controlling Shareholders, are not Official Report.
shareholders of the Company that could influence their e. Distributing Committee decisions to be followed up
ability to act independently, nor are they Commissioners, by the relevant Work Units.
Directors, or employees of companies that have affiliations f. Delivering progress on strategic initiatives/projects
or business relations with BRI. and follow-up plans from the previous Transformation
Steering Committee (TSC).
Training and/or Competency Enhancement for
Transformation Steering Committee in 2025 REALIZATION OF MEETINGS AND DUTIES OF
TRANSFORMATION STEERING COMMITTEE IN 2025
Training and/or competency enhancement can be found
in the Board of Directors’ Training and/or Competency
Enhancement section of this Annual Report.
No. Date Meeting Agenda
1 April 23, 2025 • Kick Off Meeting PMO Funding,
Meetings and Implementation of Transformation Lending, Operation & Distribution,
Government Programs
Steering Committee in 2025 • Scope and organizational structure
of PMO Funding, PMO Lending,
and PMO Distribution & Operations
MEETING POLICY by McKinsey
• Scope and organizational structure
of the Government Program PMO
by the Group Head of Corporate
1. Transformation Steering Committee (TSC) meetings are Development & Strategy
held once every month or as needed.
2 May 2, 2025 • Progress Update PMO Funding,
2. Transformation Steering Committee (TSC) is chaired PMO Lending, and PMO
by the Committee Chair. If the Chair is unavailable, the Distribution & Operations
• Presentation of Proposals and
meeting is led by the Alternate Chair in accordance with Initiative Decisions
the provisions in Article 2 of this Decree. 3 May 7, 2025 • Progress Update PMO Funding,
3. Voting Members cannot be represented at TSC meetings. PMO Lending, and PMO
Distribution & Operations
If a Voting Member is unable to attend, their position may • Presentation of Proposals and
Initiative Decisions
be filled by a Substitute Director, in accordance with
applicable regulations. 4 May 14, 2025 • Progress Update PMO Funding,
PMO Lending, and PMO
4. A TSC meeting may be held if attended by the Distribution & Operations
Chairperson/Substitute Chairperson and attended by • Presentation of Proposals and
Initiative Decisions
at least four Voting Members (of the Voting Members
826 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No. Date Meeting Agenda No. Date Meeting Agenda
5 May 21, 2025 • Progress Update PMO Funding, 17 September 17, • Progress Update PMO Funding,
PMO Lending, and PMO 2025 PMO Lending, and PMO
Distribution & Operations Distribution & Operations
• Presentation of Proposals and • Formation, determination
Initiative Decisions of structure and scope of
PMO Excess Budget Balance
6 May 28, 2025 • Progress Update PMO Funding, Management team
PMO Lending, and PMO • Presentation of Proposals and
Distribution & Operations Initiative Decisions
• Presentation of Proposals and
Initiative Decisions 18 October 2, 2025 • Progress Update PMO Operations,
PMO Government Programs, PMO
7 June 11, 2025 • Progress Update PMO Funding, Lending Transformation, PMO
PMO Lending, and PMO Pengelolaan Saldo Anggaran Lebih
Distribution & Operations • Presentation of Proposals and
• Presentation of Proposals and Initiative Decisions
Initiative Decisions
19 October 22, 2025 • Progress Update PMO Operations,
8 June 25, 2025 Kick Off Meeting Brivolution Reignite PMO Funding Transformation, PMO
2025 Lending Transformation, and PMO
• PMO Funding scope and Government Programs
organizational structure, PMO • Presentation of Proposals and
Lending, and PMO Distribution & Initiative Decisions
Operations by McKinsey
• Scope and struktur organisasi PMO 20 November 5, • Progress Update PMO Operations,
Government Programs by Group 2025 PMO Funding Transformation, and
Head Corporate Development & PMO Lending Transformation
Strategy • Presentation of Proposals and
Initiative Decisions
9 June 25, 2025 • Progress Update PMO Funding
Transformation, PMO Lending 21 November 12, • Presentation of PMO development
Transformation, PMO Distribution & 2025 as BRI transformation accelerator
Operations, and PMO Government by the Directors.
Programs • Presentation of the Board of
• Presentation of Proposals and Commissioners’ directives for
Initiative Decisions strengthening PMO governance
and work effectiveness mechanism
10 Juli 2, 2025 • Progress Update PMO Funding
Transformation, PMO Lending 22 November 26, • Progress Update PMO Government
Transformation, PMO Distribution & 2025 Programs, PMO Funding
Operations, and PMO Government Transformation, and PMO
Programs Management of Excess Budget
• Presentation of Proposals and Balance
Initiative Decisions • Establishment and determination of
PMO Demand Deposit strategy
11 Juli 10, 2025 • Progress Progress Update PMO
Funding Transformation, PMO
Lending Transformation, and PMO
Government Programs Financial Conglomerate Governance
• Presentation of Proposals and
Initiative Decisions Committee
12 Juli 16, 2025 • Progress Update PMO Funding
Transformation, PMO Lending The Financial Conglomerate Governance Committee is a
Transformation, and PMO
Distribution & Operations BRI Board of Directors Committee that is responsible for the
• Presentation of Proposals and alignment of the implementation of Integrated Governance
Initiative Decisions
(performance, governance, compliance, risk management,
13 Juli 23, 2025 • Progress Update PMO Funding IT, human capital, and integrated internal audit) as well as
Transformation, PMO Lending
Transformation, PMO Distribution & supervising the Financial Conglomerate, coordinating the
Operations, and PMO Government
Programs implementation of control, and being responsible for all
• Presentation of Proposals and Financial Conglomerate activities, implementing the principle
Initiative Decisions
of prudence in the Financial Conglomerate as a whole,
14 Juli 30, 2025 • Progress Update PMO Funding
Transformation, PMO Lending and fulfilling resources for each member of the Financial
Transformation, PMO Distribution & Conglomerate.
Operations, and PMO Government
Programs
• Presentation of Proposals and
Initiative Decisions Financial Conglomerate Governance Committee
Charter
15 August 26, 2025 • Progress Update PMO Funding
Transformation, PMO Lending
Transformation,PMO Distribution & In conducting its duties, the Financial Conglomerate
Operations, and PMO Government
Programs Governance Committee referred to the Board of Directors
• Presentation of Proposals and
Initiative Decisions Decree No. 5905-DIR/PPM/11/2025 on November 25,
2025 concerning the Financial Conglomerate Governance
16 September 3, • Progress Update PMO Lending
2025 Transformation, and PMO Committee, which regulated the Organization and Work
Distribution & Operations
• Presentation of Proposals and Procedures.
Initiative Decisions
PT Bank Rakyat Indonesia (Persero) Tbk. 827
Page 828
Corporate
Governance
Duties and Responsibilities of Financial Voting
Membership Structure Position
Conglomerate Governance Committee Rights
Director of Information Permanent Member √
1. Alignment of the implementation of Performance, Technology
Governance, Compliance, Risk Management, TI, Human
Director of Human Capital & Permanent Member -
Capital, and Integrated Internal Audit: Compliance
a. Deciding the strategic program of the Financial
Conglomerate Holding Company (PIKK) for three years; SEVP Internal Audit Permanent Member -
b. Establishing the Financial Corporate Plan for five Director of Financial Non-Permanent √
years, which will be subject to approval by the Board Conglomerate Member Member
Counselor
of Commissioners.
2. Supervisory of the Financial Conglomerate: President Director Financial Non-Permanent -
a. Evaluating and providing recommendations on the Conglomerate Member Member
implementation of plans, policies, and strategic work
programs of members of the Financial Conglomerate;
b. Evaluating and providing recommendations on Profile of Financial Conglomeration Governance
the implementation of Integrated Governance Committee Members
(Performance, Governance, Compliance, Risk
Management, Information Technology, Human The profile can be found in the Board of Directors section of
Capital, and Integrated Internal Audit).
this Annual Report.
3. Supervisory of strengthening, management, and/or
resolving financial issues of members of the Financial
Conglomerate and maintaining the business sustainability Independence Statement of Financial
of members of the Financial Conglomerate: Conglomeration Governance Committee
a. Evaluating and monitoring the strengthening,
management, and/or resolution of financial issues of All members have no affiliation with other Directors,
members of the Financial Conglomerate; Commissioners, or Controlling Shareholders, are not
b. Evaluation and monitoring of corrective actions shareholders of the Company that could influence their
by members of the Financial Conglomerate is ability to act independently, nor are they Commissioners,
appropriately conducted and supports the recovery Directors, or employees of companies that have affiliations
plan and resolution plan performed by members of or business relations with BRI.
the Financial Conglomerate.
4. Implementation of the prudential principles throughout
Training and/or Competency Enhancement for
the Financial Conglomerate:
a. Determining and providing follow-up directions
Financial Conglomeration Governance Committee
on recommendations and/or warnings from the in 2025
Regulator regarding the implementation of Financial
Conglomerate Governance; Training and/or competency enhancement can be found
b. Evaluating the implementation of prudential principles in the Board of Directors’ Training and/or Competency
within the Financial Conglomerate. Enhancement section of this Annual Report.
5. Supervisory of resource provision for each member of
the Financial Conglomerate, including through providing Meetings and Implementation of Financial
direction and evaluation of resource support to each Conglomeration Governance Committee In 2025
member of the Financial Conglomerate.
MEETING POLICY
Structure of Financial Conglomerate Governance
Committee Membership 1. Financial Conglomeration Governance Committee
meeting are held regularly at least twice every year.
2. The Financial Conglomerate Governance Committee
Voting meetings may be held physically or via video conference or
Membership Structure Position
Rights other electronic media in accordance with the provisions.
3. The Committee Secretary is responsible for carrying
Director of Financial Chairman √
Conglomerate Management out coordination of the Financial Conglomeration
Governance Committee Meeting, among others:
Co-Director of Financial Alternate Chairman √ a. Preparing the agenda, schedule, and meeting venue;
Conglomerate Management (concurrently
permanent member) b. Preparing and/or coordinating meeting materials;
c. Preparing the meeting minutes;
Group Head Subsidiary Secretary -
Management d. Monitoring and receiving reports on the implementation
of meeting decisions.
Director of Finance & Strategy Permanent Member √
Director of Manajemen Risiko Permanent Member √
828 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 829
Annual Report
2025
4. The Committee Support Team prepares studies and
analyses within their respective areas of expertise. Voting
Membership Structure Position
Rights
5. The review is presented at Committee meetings by
Committee Members and/or Support Team Members,
Director of Risk Management Chairman √
depending on their respective areas of expertise. PIKK
6. The meeting of the Financial Conglomerate Governance
Group Head, Market, Portfolio & Secretary I -
Committee meet the quorum if attended either physically Enterprise Risk
or via video conference media or other electronic media
Group Head, Subsidiary Secretary II -
by 2/3 (two-thirds) of all Committee Members, including Management
the Managing Director of the Financial Conglomerate or
Director of Financial Permanent Member √
the Managing Co-Director of the Financial Conglomerate. Conglomerate Management
The meeting may only be conducted if the quorum is or Co-Director of Financial
Conglomerate Management
met.
7. The Financial Conglomerate Governance Committee SEVP Retail Risk Permanent Member √
meeting is chaired by the Managing Director of the
SEVP Wholesale Risk Permanent Member √
Financial Conglomerate.
8. If the Managing Director of the Financial Conglomerate is Director of the Relevant Division Non-Permanent √
Member
unable to attend, then the Committee Meeting is chaired by
the Managing Co-Director of the Financial Conglomerate. Supervisory Director of Non-Permanent √
a Member of a Financial Member
9. In case the Conglomerate Governance Committee Meeting Conglomerate
is chaired by the Co-Managing Director of the Financial
Director of Human Capital & Permanent Member -
Conglomerate who also serves as a Committee Member, Compliance
the calculation of the quorum for the Substitute Chairperson
and the Director of Finance & Strategy as a Permanent SEVP Internal Audit Permanent Member -
Member will only be counted as 1 (one) vote/attendance. President Director of KK Permanent Member -
10. Recommendations/decisions of the Financial Member/Director taking charge
MR function of KK Member
Conglomeration Governance Committee are determined
through deliberation to reach consensus by the Committee Support Team
Chair/Acting Chair and all members. In the event that Subsidiary Management Group The Business Unit -
consensus is not achieved, the recommendations and/or is responsible for
the management
decisions of the Committee Meeting shall be considered of the Subsidiary,
valid if approved by more than 50% (fifty percent) of the which includes
the formulation of
Members present and having voting rights, including the strategies, business
Chair/Acting Chair. plans, performance
evaluation, business
synergies and
Financial Conglomerate Governance Committee – corporate actions
Integrated Risk Management Subcommittee related to the
Subsidiary.
BRI Risk Management Unit MPE, ORD, KRD, -
DUTIES AND RESPONSIBILITIES OF THE FINANCIAL DRD and ITF
CONGLOMERATE GOVERNANCE COMMITTEE - as oversight
function
INTEGRATED RISK MANAGEMENT SUBCOMMITTEE
Audit Intern Unit Independent -
Assurance function
The Integrated Risk Management Subcommittee has the
following duties and responsibilities:
1. Stipulating Integrated Risk Management policies along MEETING AND IMPLEMENTATION OF DUTIES OF THE
with their amendments. FINANCIAL CONGLOMERATE GOVERNANCE COMMITTEE
2. Determining corrective measures based on the
– INTEGRATED RISK MANAGEMENT SUBCOMMITTEE
evaluation results of the implementation of integrated
Risk Management in the following forms:
a. Integrated risk profile report. No. Date Meeting agenda
b. Individual risk profile report for Subsidiary of BRI
financial conglomerate members. 1 February 10, 2025 RAS and PA Risk Profile Monitoring
c. Integrated capital analysis. The 2025 Integrated RAS Stipulation
d. Integrated and/or individual stress testing simulation. Subsidiary’s Key Risk Issue
RMI 2024 Assessment Results
STRUCTURE OF THE FINANCIAL CONGLOMERATE 2 August 25, 2025 RAS and PA Risk Profile Monitoring
Consolidated Risk Evaluation
GOVERNANCE COMMITTEE – INTEGRATED RISK Subsidiary Key Risk Issue
MANAGEMENT SUBCOMMITTEE MEMBERSHIP
The Integrated Risk Management Sub-Committee has the
following composition of management and members:
PT Bank Rakyat Indonesia (Persero) Tbk. 829
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Corporate
Governance
Implementation of Governance Scope of Remuneration Policy and its
in Providing Remuneration for Implementation per Business Unit, per
Commercial Banks Following OJK Region, and in Subsidiary Companies or
Regulation Number 45/POJK.03/2015 Branch Offices Located Overseas
Remuneration and Nomination Committee In order to harmonize differences in cost levels between
regions, the Company provides assistance in adjusting cost
The Remuneration and Nomination Committee has been levels in the form of Premium Allowances. The Company
explained in the Remuneration and Nomination Committee conducts reviews of Premium Allowances, if necessary,
Subtitle of the Corporate Governance Chapter in this Annual in accordance with developments in the cost level in each
Report. region and the Company’s capabilities. The Subsidiary
Company has a separate Remuneration Policy, which the
Remuneration Policy Preparation Process Subsidiary Company itself prepares. In order to harmonize
differences in cost levels between regions, the Company
The process of preparing remuneration policies includes: assists in adjusting cost levels in the form of Premium
1. Background and Objectives of Remuneration Policy Allowances.
In order to protect and retain employees, it is necessary
to regulate remuneration policies that can maintain and Remuneration is Associated with Risk
increase worker motivation and encourage the creation of
a conducive work environment. The Company prepares Remuneration is linked to risk and is arranged based on
Remuneration policies to attract potential workers, retain the latest policies related to the Implementation of Wage
competent workers, and maintain worker motivation to Regulations for BRI Employees, where the wage design is
perform superiorly. simplified to include Basic Salary and Premium Allowances
2. Implementation of a review of the previous year’s as components of the salary structure. Job grades are no
remuneration policy, along with improvements. longer a consideration, as job grade allowances have been
The Company prepares Remuneration policies based on incorporated into the Basic Salary in total. For each position,
practices in the labor market in the banking sector and a specific wage scale is determined, reflecting the minimum,
continually reviews and updates them under changes median, and maximum, taking into account regulatory
and business developments while still paying attention to policies, job weight or job analysis results, and comparisons
the Company’s capabilities. with the market/peers. The amount of remuneration received
3. Mechanism to ensure that remuneration for employees in by employees considers or is equivalent to the burden
the control unit is independent of the business unit they and potential risks inherent to the position. The higher the
supervise position, the greater the employee’s responsibility in making
decisions that significantly impact the company’s risk profile/
In supporting BRI’s aspirations to build a Performance Driven exposure.
Culture, the implementation of the BRI remuneration system
is carried out by paying attention to its alignment with the In this regard, the company has determined the parties
achievement of KPI-based business unit and individual who are considered Material Risk Takers (MRT), based on
performance. The preparation of KPIs is carried out through specific considerations aligned with the potential risks
cascading performance targets (cascading) either fully, arising from the roles held. For individuals designated as
partially or contributively so that the performance targets of MRTs, the company will defer the payment of part of the
the supported Business Units will be different but support variable remuneration.
the achievement of the performance targets of the control
business unit. Apart from that, to ensure the objectivity of
the assessment, evaluation of the performance of business
units at BRI is also carried out in stages through the
Performance Management Committee by higher business
unit. Furthermore, the individual performance assessment
will be adjusted to the performance achievements of the
individual and business unit which will ultimately have an
impact on the amount of remuneration obtained.
830 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 831
Annual Report
2025
Performance Measurement is Linked to Remuneration policy regarding variable amounts and
Remuneration criteria which are suspended based on the Joint Decree
of the Board of Directors and Board of Commissioners
Performance measurements associated with remuneration Number 09-KOM/ BRI/11/2017 and S.1023-DIR/
include: KPS/11/2017 dated November 30, 2017 concerning
1. Remuneration policy for performance appraisal. Governance of The remuneration of PT Bank Rakyat
In order to encourage employees to perform superiorly, Indonesia (Persero) Tbk., has been determined as
the company has a variable compensation program follows:
for employees who successfully achieve and exceed a. Part of the variable remuneration will be deferred for
performance targets. Workers with high performance parties designated as MRT.
will also receive high variable compensation. On the b. The amount of suspension for the Board of Directors
other hand, workers who underperform will receive low and Board of Commissioners is a maximum of 20%
variable compensation or no variable compensation at of the variable remuneration.
all. 2. Remuneration policy for deferred variables whose
2. Individual remuneration method based on company payments are postponed or canceled (Malus)
performance, business unit performance, and individual The company can postpone the payment of deferred
performance. variable remuneration (malus) to MRT if conditions occur
In providing variable compensation for workers, the in the form of:
amount of compensation received by workers depends a. It is proven that there is Individual Fraud.
on the company’s performance achievement, business b. Restatement of the company’s financial report is the
unit performance, and individual performance, where basis for determining variable remuneration.
each component has an independent target achievement c. The risk rating in the last quarter before the payment
indicator, weight, and multiplier factor. of deferred variable remuneration is 4 (Moderate to
3. Method of adjusting remuneration for unachieved High) or worse.
performance.
At the beginning of the year, the company determines the Name of External Consultant and
conditions that employees must meet to obtain variable Consultant’s Duties Related to
compensation, one of which is the performance that must Remuneration Policy
be achieved. Workers who do not meet the specified
requirements will not receive variable compensation. One of the company’s remuneration principles is external
competitiveness, where remuneration is provided at a
Remuneration Adjustments are Linked to competitive level within the banking industry. In line with
Performance and Risk this, the company collaborates with Independent Consultant,
which is responsible for conducting benchmarking and/or
1. Remuneration adjustments are linked to performance salary surveys based on the company’s request regarding
and risks, which include: remuneration policies.
Remuneration Packages and Facilities Received by the Board of Directors
and Board of Commissioners
Amount Received in 2025
Types of Remuneration
Directors Board of Commissioners
and Facility
People Million IDR People Million IDR
Salary, regular allowances, and other facilities in 26** 69,795 14*** 33,729
the form of non-kind benefits*
Other facilities in kind (housing, health 26** 28,622 14*** 8,568
insurance, etc.) which:
a. can be owned;
b. cannot be owned
Total 26** 98,417 14*** 41,847
* During 2025, there is no bonus payment and performance incentives for members of the Board of Commissioners and Board of Directors.
** Consists of all Board of Directors, including those serving during 2025, from before the 2025 Annual General Meeting of Shareholders and the Extraordinary General
Meeting of Shareholders held on December 17, 2025, to December 31, 2025.
*** Consists of all Board of Commissioners, including those serving during 2025, from before the 2025 Annual General Meeting of Shareholders and the Extraordinary
General Meeting of Shareholders held on December 17, 2025, to December 31, 2025.
PT Bank Rakyat Indonesia (Persero) Tbk. 831
Page 832
Corporate
Governance
Remuneration Packages Grouped Into Income Levels Received by Directors and Members
of the Board of Commissioners in 1 (One) Year
Amount of Remuneration per Person in 1 (One) Year Number of Directors Number of Commissioners
Above IDR2 billion 13 2
Above IDR1 billion up to. IDR2 billion 9 *
4**
Above IDR500 million to IDR1 billion - 8*
IDR500 million and below 4*** -
* Directors and Commissioners who resigned in accordance with the resolution of the AGMS on March 24, 2025
** Appointed as BRI’s Board of Commissioners at the AGMS on March 24, 2025
*** Appointed as BRI’s Board of Directors at the EGMS on December 17, 2025
Variable Remuneration
1. Forms and Reasons for choosing variable remuneration.
Employee compensation is provided within a fair, competitive system that aligns with the bank’s needs and capabilities.
Compensation is divided into two (2) categories:
a. Fixed compensation consists of basic wages and allowances.
b. Variable compensation given to workers is based on performance achievements, namely as follows:
- Short Term Incentives.
Short Term Incentives are variable compensation promised by the Company at the beginning of the year to Marketers.
Short Term Incentives aim to encourage the motivation of Marketers, providing direct rewards for achieving and
exceeding individual targets, business unit targets and company targets.
- Long-Term Incentives
Long-term incentives are variable compensation provided by the company based on long-term performance,
typically for a period of more than two (2) years.
- Bonus.
Bonuses are variable compensation that is not promised by the Company. Bonuses are given to employees in order
to provide appreciation for the Company’s performance achievements.
2. Reasons for differences in variable remuneration (Directors, Board of Commissioners and Employees).
a. BRI applies the Position Group concept, which consists of Support, Business, and Marketing Advisor. The provision
of variable remuneration will differ between job groups, which is adjusted to a constant amount per position group in
question.
b. The company provides greater variable compensation for Marketers, this is due to the following reasons:
• Marketers are profit makers.
• Encourage marketers to exceed predetermined targets.
• Appreciation to Marketers.
Factors that cause differences in variable compensation are based on considerations of performance and competency
achievements, including business unit performance and company performance.
Number of Directors, Board of Commissioners and Employees Receiving Variable
Remuneration for 1 (One) Year
Amount Received in 1 (One) Year
Variable
Board of Directors Board of Commissioners Employee
Remuneration
Person million IDR Person million IDR Person million IDR
Total 26 - 14 - 7 43.298,49
832 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Position and Number of Parties Who are Material Risk Takers
The positions and number of individuals designated as Material Risk Takers (MRT), determined based on the management
count for the reporting year, are as follows:
1. Board of Directors (13 person)
2. Board of Commissioners (6 person)
3. Senior Executive Vice President (SEVP) (5 person)
Shares Options Owned by the Board of Directors, Board of Commissioners and
Executive Officers
During 2025, the Company does not have a share ownership program in the form of share purchase options for the Board of
Directors, Board of Commissioners and Executive Officers.
Highest and Lowest Salary Ratio
Salary Ratio 2025 2024
Highest and Lowest Employee Salaries 48.8 54.5
Highest and Lowest Directors' Salaries 1.18 1.18
Highest and Lowest Commissioner Salaries 1.11 1.11
Highest Directors' and Highest Employees' Salaries 2.57 3.75
Number of Recipients and Total Amount of Variable Remuneration that is
Unconditionally Guaranteed
There was no variable compensation that is guaranteed unconditionally.
Number of Employees Subject to Termination of Employment and Total Nominal
Severance Paid
During 2025 there will be no termination of employment due to Bank policies such as mergers, consolidations, acquisitions, or
streamlining of the Bank’s organizational structure.
The Nominal Amount of Severance Pay Paid per Person In 1 (One) Year Number of Employees
Above IDR1 billion -
Above IDR500 million to IDR1 billion -
Below IDR500 million -
PT Bank Rakyat Indonesia (Persero) Tbk. 833
Page 834
Corporate
Governance
Total Amount of Variable Remuneration that is Deferred
Deferred Variable Remuneration
No MRT Party
Cash (Rp Gross) Shares (sheets)**
1 SEVP** 16.663.321.250 There will be no remuneration in
the form of shares in 2025
2 Board of Commissioners* 22.169.949.013 2.088.500
3 Board of Directors* 18.321.711
* Accumulation of all deferred variable remuneration as of December 2025, namely the deferral of variable remuneration for the 2021, 2022, dan 2023 financial years.
** Accumulation of all deferred variable remuneration as of December 2025, namely the deferral of variable remuneration for the 2023 and 2024 financial years.
Total Amount of Deferred Variable Remuneration Paid During 1 (One) Year
Deferred Variable Remuneration
No Side of MRT
Cash in Millions (Unlock) Share Sheet
2025 (Unlock) 2025
1 Board of Commissioners 14.445.370.226 1.492.335
2 Board of Directors - 10.352.430
3 SEVP 5.107.891.401 There will be no remuneration in
the form of shares in 2025
Amount of Remuneration Givenin One Year
A. FIXED REMUNERATION*)
1. Cash IDR91,165
2. Shares/share-based instruments issued by the Bank -
B. VARIABLE REMUNERATION*)
Not Suspended Suspended
1. Cash 43.298,49 10.824,62
2. Shares/share-based instruments issued by the Bank** - -
Note: *)Applicable only for MRT and disclosed in IDR millions
834 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 835
Annual Report
2025
Quantitative Information
Total Reduction During Reporting Period
Types of Variable Remaining
Remuneration*) Pending Due to Explicit Due to Implicit
Total (A)+(B)
Adjustment (A) Adjustment (B)
Cash (in IDR million) 38.833
Shares/ Share-based instruments issued by 20.410.211 share
the Bank sheet
Note: *) Only for MRT
Performance-Based Long-Term Compensation Policy
Pursuant to the resolutions of the Extraordinary General Meeting of Shareholders (EGMS) held on October 3, 2003, as stipulated
in Deed No. 6 of Notary Imas Fatimah, S.H., the shareholders approved the issuance of stock options to be implemented in three
(3) phases. The stock options were granted to members of the Board of Directors and employees occupying certain positions
and roles who met the predetermined eligibility criteria (Management Stock Option Plan/MSOP).
BRI has various types of variable compensation, one of which is a long-term incentive (LTI). LTI is compensation provided by
the company based on the achievement of corporate and/or individual performance, considering long-term performance over
more than two (2) years. Long-Term Incentives (IJP/LTI) are granted to Marketing Personnel with the objective of enhancing
their motivation to achieve the Company’s targets and as a form of recognition for their performance achievements. The basis
for granting the Long-Term Incentives (LTI) is determined by taking into account the Key Performance Indicators (KPI) and
quarterly targets.
Stock Ownership Program by Employees and/or Management (ESOP/MSOP)
BRI implements an Employee Share Ownership Program for BRI employees, which is granted periodically, as follows:
a. Employee Stock Allocation (ESA)
The share ownership program in the form of the Stock Allocation Program was provided in 2016 and 2020 through 4 stages
to all levels of Workers or certain Workers who meet the criteria consisting of length of service, individual performance, and
team member track record in carrying out their responsibilities.
b. Employee Stock Option Plan (ESOP)
Share ownership program in the form of share purchase options at a special price in 2020. This program is given to certain
level workers who are BRI’s Top Talent and meet the performance and Capacity/Potential criteria.
As the Company’s commitment to increasing team member engagement and productivity and creating a sense of ownership
of employees towards the Company, the Company will implement a similar share ownership program for employees next year.
Number of Shares and/or Options
Number of Shares
Program Additions in 2025*
(Year 2021)
ESA 1 589,800 -
ESA 2 1,554,300 -
PT Bank Rakyat Indonesia (Persero) Tbk. 835
Page 836
Corporate
Governance
Number of Shares
Program Additions in 2025*
(Year 2021)
ESA 3 268,953,200 -
ESA 4 283,113,000 -
ESA 2023 - 83,597,400
Special ESA 30,720,900 -
ESOP 1 72,029,200 -
ESOP 2 76,896,900 -
Discretionary Pool 674,600 -
* The granting of Employee Stock Allocation (ESA) or additional shares in 2025.
The Implementation Period
The vesting period, or the period during which the team member’s rights to shares still depend on the specified conditions, is
as follows:
Program Vesting Period
ESA 1 Vesting 1
January 1, 2017 – January 31, 2018 (Applicable to all Corporate Titles)
Vesting 2
January 1, 2019 – January 31, 2019 (Only valid for Corporate Title VP, EVP & SEVP)
ESA 2 January 2, 2020 to January 31, 2020
ESA 3 January 2, 2020 to March 31, 2021
ESA 4 January 2, 2020 to December 31, 2021
ESOP 1 May 15, 2020 – October 31, 2020
ESOP 2 May 15, 2020 – May 31, 2021
ESA 2023 January 2 – December 31, 2024
Requirements of Eligible Employees and Management
The program for granting several Company shares in the form of ESA is given to employees who meet the grant and vesting
program requirements, such as meeting the minimum work period, achieving company performance and individual performance
in the specified period, as well as the team member‘s track record in carrying out their responsibilities. Meanwhile, other team
member share ownership programs are provided in the form of granting the right to purchase some company shares, namely
in the form of an ESOP, aimed at employees who fall into the BRI High Potential Talent & Value Creator category, namely those
who meet the performance and Capacity/Potential criteria.
Implementation Prices or Determination of Implementation Prices
In the Employment Stock Ownership Program (ESOP) BRI provided to eligible employees, the acquisition price of shares is
determined at specific times: for the ESA 1 program, the price is IDR 3,630 per share; for ESA 2, 3, and 4, the price is IDR 4,410
per share; and for the ESOP program the price is IDR 2,240 per share.
In addition to ESA, the Company also provides long-term compensation in the form of Long Term Incentive (LTI). Explanation
regarding Long Term Incentive (LTI) is explained in the Nomination and Remuneration section of the Board of Commissioners
and Directors in this Annual Report.
836 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Public Accountant
Appointment of Public Accountant
The procurement procedure for a Public Accounting Firm (KAP) is as follows:
1. The procurement process for KAP audit services is carried out by the Technical Team, the HPS Preparation Team, and the
Procurement Team.
2. The Audit Committee is the Coordinator of the Technical Team, HPS, Preparation, and Procurement teams. It is responsible
for reporting all KAP audit service procurement activities to the Board of Commissioners.
3. The method for procuring KAP audit services is carried out using the Direct Selection Method, guided by the provisions and
procedures for procurement of goods and services that apply at BRI.
Public Accounting Firm, Name of Accountant, Fee, and License of the KAP
Table of Public Accounting Firm, Name of Accountant, Fee, and License of the KAP
Name of Accountant
Year Public Accounting Firm KAP Period AP Period Audit Service Fee
(Responsible Partner)
2025 Purwanto Susanti & Surja 10th Period Rindra Sulindro 1st Period IDR18,001,500,000
2024 Purwantono, Sungkoro & Surja 9 Period
th
Christophorus Alvin Kossim 5 Period
th
IDR16,625,000,000
2023 Purwantono, Sungkoro & Surja 8th Period Christophorus Alvin Kossim 4th Period IDR15,922,000,000
2022 Purwantono, Sungkoro & Surja 7th Period Christophorus Alvin Kossim 3rd Period IDR13,925,000,000
2021 Purwantono, Sungkoro & Surja 6th Period Christophorus Alvin Kossim 2nd Period IDR13,715,296,000
2020 Purwantono, Sungkoro & Surja 5 Period
th
Christophorus Alvin Kossim 1 Period
st
IDR15,523,800,000
2019 Purwantono, Sungkoro & Surja 4 Period
th
Danil Setiadi Handaja, CPA 3 Period
rd
IDR10,700,000,000
2018 Purwantono, Sungkoro & Surja 3rd Period Danil Setiadi Handaja, CPA 2nd Period IDR8,200,000,000
2017 Purwantono, Sungkoro & Surja 2 Period
nd
Danil Setiadi Handaja, CPA 1 Period
st
IDR7,300,000,000
Other Services Provided by Accountants
No. Non-Audit Services Fee
1 Agreed-upon procedures for the calculation of the Board of Directors’ KPI achievements (collegial
IDR690,000,000
and individual) as of December 31, 2025
2 Agreed-upon procedures for data submitted by BRI for the Compilation of Financial Statements of
IDR256,000,000
the Ministry of SOEs for the 2025 fiscal year (Anaplan)
3 Agreed-upon procedures for compliance with applicable regulations for micro and small business
IDR185,000,000
funding for the 2025 fiscal year.
4 Limited review of the Consolidated Financial Statements of the Company and its Subsidiaries as
IDR9,600,000,000
of October 31, 2025.
5 Limited Confidence Assurance on BRI’s Long Term Incentive (LTI) Report, Position 31 December
2025 (Long Term Incentive (LTI) Program of the Board of Directors & Board of Commissioners for IDR267,500,000
the Period 2023 - 2025 and 2024 - 2026).
6 Public Accounting Firm Services in the Issuance of Sustainable Socially Aware Bonds I by Bank BRI. IDR2,930,000,000
Audit Opinion
Year Opinion on Financial Statement Audit Results
2025 The Consolidated Financial Statements are presented fairly, in accordance with Indonesian Financial Accounting Standards
2024 The Consolidated Financial Statements are presented fairly, in accordance with Indonesian Financial Accounting Standards
2023 The Consolidated Financial Statements are presented fairly, in accordance with Indonesian Financial Accounting Standards
2022 The Consolidated Financial Statements are presented fairly, in accordance with Indonesian Financial Accounting Standards
2021 The Consolidated Financial Statements are presented fairly, in accordance with Indonesian Financial Accounting Standards
2020 The Consolidated Financial Statements are presented fairly, in accordance with Indonesian Financial Accounting Standards
PT Bank Rakyat Indonesia (Persero) Tbk. 837
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Corporate
Governance
Internal Control System 5. Attention and direction from management and other
committees.
BRI implements an effective internal control system (ICS) 6. Factors influencing operational activities.
to oversee its business and operational activities across all
organizational levels and to safeguard BRI’s investment and The control culture enhances a strong work ethic and
assets. The effective implementation of ICS assists BRI’s high integrity while fostering an organizational culture
management in protecting assets, ensuring the availability that emphasizes the importance of internal controls to all
of reliable financial and managerial reporting, enhancing employees. The Board of Commissioners and the Board of
compliance with applicable laws and regulations, and reducing Directors have actively supervised and established a control
the risk of losses, irregularities, and violations of prudential culture within the company.
principles. The establishment of a reliable and effective ICS
at BRI is the responsibility of all risk-taking units, supporting The implementation of management oversight includes:
business units, and the Internal Audit Unit (SKAI). 1. BRI has established procedures to identify, measure,
monitor, and control risks faced by the bank. The
Purpose of Internal Control System Board of Commissioners plays a role in determining the
company’s risk tolerance level.
1. Compliance with Provisions and regulations or 2. BRI has an adequate organizational structure with
compliance objectives. The compliance objective is assignments of duties and responsibilities under the
intended to ensure that all of BRI’s business activities applicable regulations.
are conducted under the applicable provisions and 3. BRI has developed a policy architecture that includes
regulations, including those issued by the government, internal control policies and procedures for operational
and the OJK Regulation, as well as internal policies, activities.
regulations, and procedures established by the company. 4. Conducting monitoring of improvements of findings from
2. Availability of comprehensive, accurate, relevant, internal and external audits.
and timely financial and management information or 5. Regular communication across all organizational levels,
information objectives. The information objective is including between the Board of Directors and the Board
intended to ensure the availability of comprehensive, of Commissioners.
accurate, relevant, and timely reports needed for making 6. Monitoring the effectiveness of Internal Control System
precise and accountable decisions. implementation.
3. Effectiveness and efficiency in business activities or 7. Conducting reviews of the Internal Control System.
operational objectives. The operational objective is
aimed at enhancing the effectiveness and efficiency of Bank Internal Control System
asset utilization and other resources to protect against
the risk of losses. The Bank’s internal control system consists of five interrelated
4. Enhancing the effectiveness of risk culture across the key components, namely: Management Oversight and
organization or risk culture objectives. The risk culture Control Culture; Risk Recognition and Assessment; Control
objective is intended to identify weaknesses and detect Activities and Segregation of Duties; Accounting, Information
irregularities early, as well as continuously reassess the and Communication Systems; as well as Monitoring Activities
adequacy of existing policies and procedures. and the Correction of Deviations).
Control Environment Management Oversight and Control Culture
The control environment reflects the overall commitment, 1. Duties and responsibilities of the Board of Directors and
behavior, awareness, and actions of the Board of Directors the Board of Commissioners in the implementation of the
and the Board of Commissioners in carrying out operational Internal Control System (ICS).
control activities. The elements of the control environment 2. Control Culture, which promotes high standards of work
include: ethics and integrity, and fosters an organizational culture
1. An adequate organizational structure. that emphasizes to all employees the importance of
2. Leadership style and management philosophy. effective internal controls.
3. Integrity, ethical values, and the competency of all employees
4. Human capital policies and procedures.
838 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Risk Identification and Assessment 4. Physical Asset Control
Physical asset control is implemented to ensure that risk
Risk identification and assessment constitute activities to security is maintained for company assets.
identify and analyze relevant risks that may potentially hinder 5. Documentation
the achievement of the Company’s objectives, both at the The company adequately documents accounting
entity level and at the process level. An effective Internal policies, procedures, systems, standards, and audit
Control System (SPI) requires the company to continuously processes. This document is updated periodically to
identify and assess risks that could impact the achievement describe the company’s operational activities and is
of its objectives. Risk assessment must also be conducted communicated to officials and employees. The internal
by the internal auditors to ensure that the audit coverage auditor also assesses the accuracy and availability of
is broader and more comprehensive. Detailed information documents during the audit.
regarding risk identification and assessment is presented
in the Risk Management System Sub-Chapter under the Segregation of Duties
Corporate Governance Chapter of this Annual Report.
Effective SPI requires separation of functions (four
Control Activities and Segregation of Duties eyes principle) and avoids the granting of authority and
(Financial and Operational Controls) responsibility that can cause various conflicts of interest.
The separation is intended so that everyone in their position
Control activities help ensure that management directives does not have the opportunity to commit and hide errors or
have been properly implemented and that necessary deviations in carrying out tasks at all levels of the organization
actions have been taken to mitigate risks, thereby enabling and all operational activities. Separation of functions is not
the organization to achieve its objectives. These activities limited to front and back office activities but also in the
encompass various processes, including approvals, context of controlling:
authorizations, verifications, reconciliations, reviews of 1. Approval of disbursement of funds and realization of
operational performance, safeguarding of assets, and expenditure.
segregation of duties. 2. Customer accounts and company owner accounts.
3. Transactions in bookkeeping.
Control Activities 4. Providing information to customers.
5. Assessing the adequacy of credit or financing
Control activities include policies, procedures, and practices documentation and monitoring of debtors after credit or
that provide workers with confidence that the Board of financing disbursement.
Directors and Board of Commissioners’ directives have been 6. Other business activities that may cause significant
implemented effectively. Control activities are implemented conflicts of interest.
at all functional levels in accordance with the organizational
structure, which at least include: Implementation of Bank Financial Reporting
Integrity
1. Management Review (Top Level Review)
Review of the progress (realization) is compared to Throughout 2025, BRI strengthened the foundation of its
the targets to be achieved, such as financial reports financial reporting integrity through the comprehensive
compared to the established budget plan to immediately implementation of Internal Control over Financial Reporting
detect problems such as control weaknesses, financial (ICoFR) across nine primary scope areas, covering lending
reporting errors, or fraud. (micro, CSME, consumer, and corporate), customer deposits,
2. Operational Review (Functional Review) financial reporting, treasury, trade finance, and fixed assets.
Operational reviews are conducted to assess risk profile This implementation encompassed 526 subprocesses—
reports, operational data analysis, and realization of the comprising 492 subprocesses of Process Level Controls
implementation of audit work plans by Internal Audit Unit (PLC) and IT Application Controls (ITAC), as well as 34
(SKAI) with higher frequency, both daily, weekly and subprocesses of IT General Controls (ITGC) representing
monthly reviews. 33 significant applications. As of year-end 2025, BRI has
3. Information Systems Control achieved internal control coverage over approximately
The Company verifies the accuracy and completeness of two-thirds (2/3) of total assets and total liabilities, as part
transactions and carries out authorization procedures in of a systematically phased implementation approach. This
accordance with internal provisions. Information system coverage will continue to be gradually expanded until it fulfills
control activities can be classified into 2 (two) criteria, the requirement of covering two-thirds (2/3) of significant
namely general control and application control. Financial Statement Line Items (FSLI), as mandated by the
PT Bank Rakyat Indonesia (Persero) Tbk. 839
Page 840
Corporate
Governance
Ministry of State-Owned Enterprises, in accordance with statutory regulations. In addition, the Compliance Function’s
the established alignment roadmap. Accordingly, BRI has responsibilities include identifying, measuring, monitoring,
demonstrated substantive progress in aligning its internal and controlling Compliance Risk by referring to the Financial
roadmap with the Ministry of SOEs’ ICoFR Roadmap, as Services Authority Regulations regarding the Implementation
stipulated in Letter No S-6/DKU.MBU/02/2025. of Risk Management for Commercial Banks, including making
efforts to ensure that policies, provisions, systems, and
In ensuring the effectiveness of the design and procedures and BRI’s business activities are in accordance
implementation of internal controls, BRI has undertaken with the provisions of the Financial Services Authority and/or
various testing activities that reflect its strong commitment applicable laws and regulations.
to robust governance practices. A Test of One (ToO) was
conducted on 335 key controls, supported by 193 working In order to increase the effectiveness of controlling
papers. This was followed by a Control Self-Assessment compliance with statutory regulations, the Compliance
(CSA) covering 762 key controls, supported by 645 working Function periodically has a work program to assess the
papers, reflecting the active involvement of business units in effectiveness of the compliance culture. BRI has parameters
ensuring compliance and control effectiveness. In addition, for measuring the effectiveness of implementing a
a Test of Design (ToD) was performed on 242 key controls, compliance culture for Business Unit, which is carried out
supported by 243 working papers within the treasury, trade once a year. This assessment provides an overview for
finance, and fixed assets scope. Although several potential management to determine the level of compliance of each
design deficiencies were identified, all have been scheduled Business Unit, which can be considered when assessing
for remediation through structured and continuous each business unit’s KPIs.
improvement initiatives. With these achievements, the
maturity level of BRI’s ICoFR implementation is considered The Board of Directors periodically assesses the adequacy
sufficiently adequate to support external audit readiness in of implementing the Compliance Function at BRI through
2028. Compliance Function Reports, which are also submitted
to the Financial Services Authority every semester. The
In accordance with Article 8 of OJK Regulation Number 15 of implementation summary contained in the Compliance
2024, the Board of Directors of BRI declares its responsibility Function Report contains fairly comprehensive information,
for the preparation and presentation of the Bank’s financial including compliance risk management, gratification control
information, ensuring that the financial statements comply program, AML-CFT program, and others.
with applicable accounting standards and OJK regulations,
maintaining the completeness and accuracy of financial Accounting, Information and Communication
information, and implementing adequate internal controls Systems
throughout the Bank’s financial reporting processes. Based
on the evaluation of all design, implementation, and testing Accounting System
activities conducted throughout 2025, the Board of Directors
assesses that the effectiveness of BRI’s internal controls is at Methods and records for identifying, grouping, analyzing,
a solid level and continues to be further strengthened. This classifying, recording or posting, and reporting transactions.
commitment underscores BRI’s readiness to consistently
uphold the integrity of its financial reporting and to ensure Information System
that the quality of the Bank’s internal controls meets
the expectations of regulators, shareholders, and other 1. Must be able to produce reports on business
stakeholders. activities, financial conditions, implementation of risk
management, and fulfillment of provisions that support
Controlling Compliance with Other Legal the implementation of the duties of the Board of Directors
Regulations and Board of Commissioners.
2. Provide a reliable information system regarding all
The Compliance Function generally carries out control of functional activities, especially functional activities that
compliance with statutory regulations. The Compliance are significant and have high risk potential.
Director’s responsibilities include ensuring that all policies, 3. Organize a contingency recovery plan and back up
provisions, systems, and procedures, as well as business system to prevent high risk business failure.
activities carried out by BRI, are under the provisions of the 4. Have and maintain a management information system
Financial Services Authority and statutory provisions, as well that is organized, both in electronic and non-electronic
as implementing a prevention system so that policies and/or form.
decisions taken by the Board of Directors BRI does not deviate
from the provisions of the Financial Services Authority and
840 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 841
Annual Report
2025
Communication System 7. Conduct a review of the documentation and evaluation
results of the business units or workers assigned to carry
1. Must be able to provide information to all parties, both out monitoring.
internal and external, such as the OJK Regulation, 8. Establish information or feedback in an appropriate
external auditors, shareholders, and customers. format and frequency.
2. Internal Audit Unit (SPI) must ensure that there are
effective communication channels so that all officials SKAI Function
and workers fully understand and comply with policies
and procedures in carrying out their duties and 1. Conduct effective and comprehensive internal audits
responsibilities. of SPI carried out by independent, competent, and
3. The organizational structure must allow for adequate sufficient number of auditors.
information flow, namely upward information to ensure 2. Report findings directly to the Board of Commissioners
that the Board of Directors, Board of Commissioners or Audit Committee, President Director, and Director in
and executive officers are aware of operational risks charge of the compliance function.
and performance. Downward information is carried 3. Conduct an independent assessment of the adequacy of
out to ensure the Company’s objectives, strategies the Company’s compliance with established policies and
and expectations as well as lower-level policies and procedures.
implementers, and across business units to ensure that 4. Determine the position, authority, responsibility,
information known by a particular business unit can be professionalism, organization, and scope of duties of
conveyed to other related business units. SKAI by referring to the provisions of laws and regulations
regarding the implementation of the compliance function
Monitoring Activities and Corrective Actions of general banks and the standards for implementing the
for Deviations or Weaknesses audit function.
BRI continuously monitors the overall effectiveness of Correction of Weaknesses and Corrective Actions
internal control carried out by operational business unit and for Deviations
the Internal Audit Business Unit ranks. The Internal Audit
Business Unit has monitored the internal control system, 1. Weaknesses in internal control, whether identified
which is submitted to the President Director, Compliance by the risk taking unit, SKAI, or other parties, must be
Director, and Board of Commissioners. immediately reported to and brought to the attention
of authorized officials and/or the Board of Directors.
Monitoring Activities Material weaknesses in internal control must be reported
to the Board of Commissioners.
1. Conduct continuous monitoring of the overall 2. Any reports regarding weaknesses in internal control or
effectiveness of internal control implementation. ineffective risk control must be immediately followed up
Monitoring of key risks must be prioritized and serve as by the Board of Directors, Board of Commissioners, and
part of the Company’s daily activities including periodic relevant executive officers.
evaluations, both by the risk taking unit and by SKAI. 3. SKAI must conduct a review or other adequate monitoring
2. Continuously monitor and evaluate the adequacy of SPI steps on the weaknesses that occur and immediately
in relation to changes in internal and external conditions report to the Board of Commissioners, Audit Committee,
and must increase the capacity of SPI so that its and President Director if there are still weaknesses that
effectiveness can be improved. have not been corrected or have been recommended for
3. Ensure that monitoring functions are clearly defined and corrective actions that have not been followed up.
well structured within the organization. 4. Ensuring that all weaknesses are immediately followed
4. Assign business units or employees to monitor the up, the Board of Directors must create a system that can
effectiveness of internal control. trace weaknesses in internal control and take corrective
5. Establish the appropriate frequency for monitoring steps.
activities based on the risks inherent in the Company 5. The Board of Directors and Board of Commissioners
and the nature or frequency of changes occurring in must receive periodic reports in the form of a summary
operational activities. of the results of the identification of all problems in
6. Integrate SPI into operational activities and provide internal control.
routine reports such as accounting journals, management
reviews and reports on approval of exceptions or
deviations from established policies and procedures
(justification for irregularities) which are then reviewed.
PT Bank Rakyat Indonesia (Persero) Tbk. 841
Page 842
Corporate
Governance
Compliance with the Committee of 1. Credit risk
Sponsoring Organizations of Treadway The assessment is carried out using an internal model
Commission (COSO) using a standard model, namely calculating the
probability of default and loss given default for each
BRI has implemented an internal control system using the business segment based on shifts in collectibility. A
COSO Internal Control Framework: Control Environment, series of stress tests were also carried out to measure
Risk Assessment, Control Activities, Information & the maximum potential loss if stress conditions occurred.
Communication, and Monitoring. 2. Market risk
Assessments are carried out periodically (daily, weekly,
Internal Environment monthly) by calculating market risk, including an approach
The first element of BRI’s internal control structure includes using standard methods and internal measurement
commitment, policies, and behavior, including the concern models (VaR) through the GUAVA application and NII
of the Board of Directors, Board of Commissioners, and all simulation every time there is a change in market interest
BRI employees regarding the importance of effective internal rates and managing the maturity profile of securities. The
control. BRI’s Board of Commissioners ensures that the standard method approach is carried out by calculating
Board of Directors has monitored the effectiveness of the interest rate and exchange rate risk on the position of all
implementation of the internal control system through regular BRI financial instruments classified as trading books and
meetings with the Board of Directors and Executive Officers to banking books exposed to interest rate and exchange
discuss the effectiveness of the Internal Control System. The rate risk.
Board of Directors monitors the adequacy and effectiveness 3. Liquidity Risk
of the internal control system by ensuring that officials and Identification, measurement, and monitoring are carried
workers have carried out internal implementation function out through the daily liquidity profile dashboard, while
activities. In carrying out supervision, BRI management has control is carried out through the liquidity contingency
established a culture of control, including: plan protocol. Liquidity risk assessment includes
1. Establishment of an adequate BRI organizational structure assessing liquidity ratios, cash flow projections, maturity
with the determination of duties and responsibilities in profiles, NSFR and LCR, determining liquidity risk limits,
accordance with applicable regulations. and stress tests.
2. Policies and procedures related to BRI human capital 4. Operational Risk
management include planning, recruitment, development Assess risks caused by inadequate or non-functioning
and training, remuneration, and performance internal processes, human error, system failure, or
management. external problems that affect bank operations.
3. BRI’s core values and the BRI Code of Ethics reflect 5. Legal Risk
integrity and ethical values, which all BRI employees Includes an assessment of risks caused by juridical
must follow. weaknesses, including legal claims, the absence of
4. In implementing the duties and responsibilities of the supporting legislation, or deficiencies in the agreement,
Directors and Commissioners, always pay attention to such as not fulfilling the terms of the validity of the
the principles of good corporate governance. contract and imperfect binding.
6. Strategic Risk
Risk Assessment Assessment includes determining and implementing
It is a series of awareness of all BRI employees towards a inappropriate bank strategies, making wrong business
risk awareness culture, including actions to evaluate, assess, decisions, or lacking the need for more responsiveness
and mitigate risks. A more detailed explanation regarding to external changes.
the bank’s internal control system for all types of risks is 7. Reputation Risk
presented in pillar 4 of the Risk Management Chapter. BRI Covers risks caused by negative publications related to
evaluates the risk profile periodically to mitigate risks that the bank’s business activities or negative perceptions of
have the potential to harm the company. In implementing the bank. The measurement aims to estimate the level of
integrated risk management in financial conglomerates, BRI reputation risk vulnerability faced by BRI. The assessment
carries out management including assessment of 10 (ten) includes parameters in the form of the influence of the
types of risks, namely: reputation of bank owners and companies, violations
of business ethics, product complexity, and business
collaboration, and the frequency and materiality of
negative bank news and customer complaints.
842 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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8. Compliance Risk 2. Control activities according to organizational functions
This is a risk caused by not complying with or not include:
implementing applicable laws and regulations. a. Implementation of Management Reviews (Top
Assessments are carried out on the parameters of type, Management Reviews)
significance, nominal, and frequency of violations of b. Control activities in the implementation of Risk
relevant provisions. Management include:
9. Insurance Risk - Credit risk control includes procedures for
Assess risks resulting from the failure of insurance improving loan quality through restructuring,
companies to fulfill their obligations to policyholders procedures for minimizing losses in loan quality
due to inadequate risk selection processes, premium through restructuring, and procedures for writing
determination, use of reinsurance, and/or claims off problematic loans.
handling. - Market risk control includes preparing market risk
10. Intra Group Transaction Risk management designs, compiling and analyzing
Assess the risks resulting from an entity’s dependence, periodic reports on the output produced by
either directly or indirectly, on other entities within a internal models such as analysis of daily net
financial conglomerate in order to fulfill the obligations of foreign exchange position reports, market risk
written agreements and unwritten agreements, whether exposure reports, implementation of Market Risk
followed by transfers and/or not followed by transfers of Management Committee forums and Asset &
funds. Liability Committee (ALCO) forums.
- Liquidity risk control includes the Liquidity
Apart from conducting regular risk assessments, Contingency Plan Protocol .
management also evaluates the company’s risk profile - Operational risk control includes product
assessment results to determine actions and controls for assessment procedures and a Protocol Liquidity
the risk assessment. Management has established an Early Contingency Plan for catastrophic events.
Warning System for every risky business process that can - Control legal risks by reviewing the legal aspects
potentially harm the company. of new products and activities.
- Strategic risk control is contained in the
Control Activities General Long Term Plan policy, Long-Term Plan
Includes actions determined through policies and procedures Implementation Guidelines, and the Company’s
to control risks at all levels of the organization and various Work Plan and Budget.
business processes at BRI. Control activities can assist - Reputation risk control is included in the Circular
Directors and Commissioners in managing and controlling Letter of the BRI Board of Directors regarding
hazards that can affect performance or result in losses for Information Service and Management Policy.
the company. Forms of BRI control activities include: - Compliance risk control is carried out by
1. General control activities involve all BRI employees at reviewing each external regulation and analyzing
all levels of the organization. BRI’s control activities are the impact on the company to be then included in
contained in all BRI policies and procedures as stated each company’s internal provisions.
in the BRI Policy and Procedure Architecture. Control - Controlling insurance risk as part of the risks
systems for each business process, including: inherent in BRI as the primary entity that oversees
a. Implement MCS (maker, checker, signer) in subsidiary companies operating in the insurance
authorization and verification activities. sector is through the implementation of the
b. The segregation of duties separates functions in Subsidiary Company Risk Profile Discussion
carrying out responsibilities so that there is no Forum.
opportunity to commit and hide irregularities in - Intra-group risk control is carried out by
implementing their duties. the Subsidiary Desk, which is appointed by
c. Implementation of the Four Eyes Principles in the management as the Business Unit that manages
loan process for all segments; separation of loan subsidiaries.
initiator and breaker functions. d. Application of three
lines for layered defense activities.
d. Application of three lines for layered defense
activities.
PT Bank Rakyat Indonesia (Persero) Tbk. 843
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Corporate
Governance
Information & Communication In carrying out its duties, SKAI evaluates internal controls
BRI has a relevant and quality information system related to through periodic audit and review activities covering the
financial conditions, business activities, risk management Head Office, Operational Work Units, Overseas Offices, and
and compliance implementation, market conditions, and Subsidiaries.
other conditions to support the duties and responsibilities
of the Board of Directors and Board of Commissioners. The results of SKAI’s evaluation are submitted to the Board of
Internal and external communications are also carried out Directors for follow-up actions in accordance with the agreed
periodically to support the company’s internal controls improvement commitments. The Board of Commissioners,
functioning as they should. particularly through the Audit Committee, also plays an
active role in evaluating internal controls by reviewing the
Monitoring results of evaluations conducted by SKAI. The evaluation
Includes a continuous assessment process for monitoring results throughout 2025 indicate that BRI’s internal control
activities regarding the effectiveness of the design and system has been implemented adequately.
operation of the internal control structure and management
performance that has been implemented and is functioning.
Monitoring of BRI’s internal control system is carried out Statement of the Board of Directors
through three lines of defense, namely: and/or Board of Commissioners on the
1. 1st line as risk owner, it is the Unit that carries out business Adequacy of the Internal Control System
and operational activities and manages the risks faced
(including the Operational Business Unit). The Board of Commissioners and the Board of Directors
2. 2nd line, it is the Unit that carries out functional of the Company share joint responsibility in ensuring the
supervision (including MR Headquarters & Regional effectiveness of the internal control system. The Board of
Offices, Compliance Division, and Policy & Procedures Directors is responsible for the design, implementation,
Division). and maintenance of the internal control system at all
3. 3rd line, it is the Unit that carries out assurance. The organizational levels, including controls over operational
Internal Audit Business Unit is part of the Internal Control activities, financial reporting, compliance with laws and
System, which carries out a supervisory function over regulations, and risk management. Meanwhile, the Board of
the monitoring of the internal control system. Commissioners actively performs its supervisory function
to ensure that the Board of Directors consistently and
The results of the implementation of The Internal Audit sustainably fulfills such responsibilities, in order to safeguard
Business Unit supervision and monitoring of the internal the interests of shareholders and other stakeholders.
control system are submitted to the President Director,
Compliance Director, and Board of Commissioners. Throughout 2025, the Board of Directors undertook various
initiatives to strengthen the internal control framework,
Evaluation of Internal Control System including the enhancement of policies and standard
Implementation operating procedures, improvement of the effectiveness of
risk management and compliance functions, reinforcement
The Board of Directors is responsible for ensuring the of the risk-based internal audit function, and the utilization of
implementation of a reliable and effective internal control information technology to support the monitoring and control
system, and is also obligated to foster and ensure that a of business activities. The Board of Commissioners, through
risk awareness culture is embedded at every level of the the Audit Committee, periodically reviewed the adequacy
organization. and effectiveness of the internal control system, including
reviewing internal and external audit reports, monitoring
The Internal Audit Unit (SKAI) is responsible for evaluating the follow-up actions on audit findings, and evaluating the
the adequacy and effectiveness of the internal control Company’s compliance with prevailing laws and regulations.
system, and plays an active role in promoting the continuous Based on the results of such oversight and evaluation, the
improvement of internal control effectiveness to support the Board of Commissioners concluded that the Company’s
achievement of the Company’s objectives as established by internal control system throughout 2025 operated
BRI. effectively, in an integrated and adequate manner, and was
able to support the achievement of sound and sustainable
performance, grounded in the principles of good corporate
governance.
844 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Risk Management 12. Decree of the Minister of Manpower of the Republic
of Indonesia Number 87 of 2019 dated May 17, 2019
BRI proactively and prudently manages risk in every business concerning the Determination of Indonesian National
and operational process to achieve optimal profitability Work Competency Standards for the Category of
per the predetermined risk appetite. BRI is committed to Financial and Insurance Activities, Main Group of
implementing sound risk management by having policies, Financial Services Activities, Not Insurance and Pension
procedures, competencies, accountability, reporting, and Funds in the Financing Sector.
supporting technology that aims to ensure that BRI Bank’s 13. Decree of the Minister of Manpower of the Republic
risk management always runs effectively and efficiently. of Indonesia Number 233 of 2019 dated September
10, 2019 concerning the Determination of Indonesian
Basis of Implementing Risk Management National Work Competency Standards for the Category
of Financial and Insurance Activities, Main Group
The basis for implementing the Company’s risk management of Supporting Activities for Financial Services, Not
refers to: Insurance and Pension Funds in the Capital Market
1. Law of the Republic of Indonesia Number 10 of 1998 dated Sector.
November 10, 1998 concerning Amendments to Law No. 7 14. Decree of the Minister of Manpower of the Republic
of 1992 dated March 25, 1992 concerning Banking. of Indonesia Number 218 of 2020 dated May 12, 2020
2. Law of the Republic of Indonesia Number 5 of 1999 dated concerning the Determination of Indonesian National
March 05, 1999 concerning Prohibition of Monopolistic Work Competency Standards for the Category of
Practices and Unfair Business Competition. Financial and Insurance Activities, Main Group of
3. Law of the Republic of Indonesia Number 19 of 2003 dated Financial Services Activities, Non-Insurance and Pension
June 19, 2003 concerning State-Owned Enterprises. Funds in the Field of Banking Risk Management.
4. Law of the Republic of Indonesia Number 40 of 2007 dated 15. Bank Indonesia Regulation Number 23/6/PBI/2021 dated
August 16, 2007 concerning Limited Liability Companies. July 1, 2021 concerning Payment Service Providers.
5. Law of the Republic of Indonesia Number 40 of 2014 16. Regulation of the Member of the Board of Governors
dated October 17, 2014 concerning Insurance as last Number 24/7/PADG/2022 dated June 30, 2022
amended by Law of the Republic of Indonesia Number 4 concerning the Implementation of Payment Systems
of 2023 dated January 12, 2023 concerning Development by Payment Service Providers and Payment System
and Strengthening of the Financial Sector. Infrastructure Providers.
6. Law of the Republic of Indonesia Number 8 of 2015 dated 17. The OJK Regulation (POJK) Number 17/POJK.03/2014
November 10, 2015 concerning Capital Markets. dated November 19, 2014 concerning the Implementation
7. Law of the Republic of Indonesia Number 9 of 2016 of Integrated Risk Management for Financial
dated April 15, 2016 concerning Prevention and Handling Conglomerates.
of Financial System Crisis as last amended by Law of the 18. The OJK Regulation (POJK) Number 18/POJK.03/2014
Republic of Indonesia Number 4 of 2023 dated January dated November 19, 2014 concerning the Implementation
12, 2023 concerning Development and Strengthening of of Integrated Governance for Financial Conglomerates.
the Financial Sector. 19. The OJK Regulation (POJK) Number 26/POJK.03/2015
8. Government Regulation of the Republic of Indonesia dated December 11, 2015 concerning the Obligation to
Number 21 of 1992, dated April 29, 1992, concerning Provision of Integrated Minimum Capital for Financial
Adjustment of the Legal Form of Bank Rakyat Indonesia Conglomerates.
to a Limited Liability Company (Persero). 20. The OJK Regulation (POJK) Number 4/POJK.03/2016
9. Presidential Regulation of the Republic of Indonesia dated January 26, 2016 concerning the Assessment of
Number 9 of 2009 dated March 18, 2009 concerning the Soundness Level of Commercial Banks.
Financing Institutions. 21. The OJK Regulation (POJK) Number 5/POJK.03/2016
10. Regulation of the Minister of SOEs of the Republic of dated January 26, 2016 concerning Bank Business Plans.
Indonesia Number PER-2/MBU/2023 dated March 22. The OJK Regulation (POJK) Number 18/POJK.03/2016
24, 2023 concerning Guidelines for Governance dated March 22, 2016 concerning Implementation of Risk
and Significant Corporate Activities of State-Owned Management for Commercial Banks.
Enterprises. 23. The OJK Regulation (POJK) Number 34/POJK.03/2016
11. Decree of the Minister of Manpower of the Republic dated September 26, 2016 concerning Amendments
of Indonesia Number 23 of 2019 dated February 27, to OJK Regulation (POJK) Number 11/POJK.03/2016
2019 concerning the Determination of Indonesian concerning Minimum Capital Requirement for
National Work Competency Standards for the Category Commercial Banks.
of Financial and Insurance Activities, Main Group 24. Financial Services Authority Regulation No. 14/
of Insurance, Reinsurance and Pension Funds, Not POJK.03/2017 dated April 7, 2017, concerning the
Mandatory Social Security in the Insurance Sector. Recovery Plan for Systemic Banks.
PT Bank Rakyat Indonesia (Persero) Tbk. 845
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Corporate
Governance
25. The OJK Regulation (POJK) Number 38/POJK.03/2017 41. The OJK Regulation (POJK) Number 27 of 2022 dated
dated July 12, 2017 concerning Implementation of December 28, 2022 concerning the Second Amendment
Consolidated Risk Management for Banks Controlling to OJK Regulation (POJK) Number 11/POJK.03/2016
Subsidiaries. concerning the Minimum Capital Provision Obligation of
26. The OJK Regulation (POJK) Number 12/POJK.03/2018 Commercial Banks.
dated August 6, 2018 concerning the Provision of Digital 42. The OJK Regulation (POJK) Number 17 of 2023 dated
Banking Services by Commercial Banks. September 14, 2023 concerning the Implementation of
27. The OJK Regulation (POJK) Number 35/POJK.05/2018 Governance for Commercial Banks.
dated December 28, 2018 concerning the Implementation 43. Indonesia Deposit Insurance Corporation Regulation No 1
of Financing Company Business. of 2021 dated March 29, 2021, concerning the Resolution
28. The OJK Regulation (POJK) Number 39/POJK.03/2019 Plan for Commercial Banks.
dated December 19, 2019 concerning the Implementation 44. The OJK Circular Letter Number 14/SEOJK.03/2015 dated
of AntiFraud Strategy for Commercial Banks. May 25, 2015 concerning Implementation of Integrated
29. The OJK Regulation (POJK) Number 28/POJK.05/2020 Risk Management for Financial Conglomerates.
dated April 29, 2020 concerning the Assessment of 45. The OJK Circular Letter Number 33/SEOJK.03/2016
the Soundness Level of Non-Bank Financial Services dated September 1, 2016 concerning Implementation
Institutions. of Risk Management in Banks Carrying Out Marketing
30. The OJK Regulation (POJK) Number 29/POJK.05/2020 Cooperation Activities with Insurance Companies
dated April 29, 2020 concerning Amendments to OJK (Bancassurance).
Regulation Number 30/POJK.05/2014 concerning Good 46. The OJK Circular Letter Number 34/SEOJK/03/2016
Corporate Governance for Financing Companies. dated September 1, 2016 concerning the Implementation
31. Financial Services Authority Regulation (POJK) No. 45/ of Risk Management for Commercial Banks.
POJK.03/2020 dated October 14, 2020, concerning 47. The OJK Circular Letter Number 4/SEOJK.03/2017 dated
Financial Conglomerates. January 16, 2017 concerning the Implementation of Risk
32. The OJK Regulation (POJK) Number 44/POJK.05/2020 Management in Banks Conducting Activities Related to
dated September 2, 2020, concerning the Implementation Mutual Funds.
of Risk Management for Non-Bank Financial Services 48. The OJK Circular Letter Number 14/POJK.03/2017
Institutions. dated March 17, 2017 concerning the Assessment of the
33. The OJK Regulation (POJK) Number 63/POJK.03/2020 Soundness Level of Commercial Banks.
dated December 22, 2020 concerning Reporting of 49. The OJK Circular Letter Number 21/POJK.03/2017 dated
Commercial Banks Through the Financial Services June 6, 2017 concerning the Implementation of Risk
Authority Reporting System. Management in the Use of Information Technology by
34. The OJK Regulation (POJK) Number 4/POJK.05/2021 Commercial Banks.
dated March 17, 2021 concerning Implementation of Risk 50. The OJK Circular Letter Number 35/POJK.03/2017 dated
Management in the Use of Information Technology by July 7, 2017 concerning Guidelines for Internal Control
NonBank Financial Services Institutions. System Standards for Commercial Banks
35. The OJK Regulation (POJK) No. 6/POJK.04/2021 dated 51. The OJK Circular Letter Number 11/SEOJK.05/2020
March 17, 2021 concerning Implementation of Risk dated July 1, 2020 concerning Assessment of the
Management for Securities Companies Conducting Soundness Level of Financing Companies and Sharia
Business Activities as Underwriters of Securities and Financing Companies.
Securities Traders as Members of the Stock Exchange. 52. The OJK Circular Letter Number 7/SEOJK.05/2021
36. The OJK Regulation (POJK) Number 12/POJK.03/2021 dated February 5, 2021 concerning Implementation of
dated July 30, 2021 concerning Commercial Banks. Risk Management for Financing Companies and Sharia
37. The OJK Regulation (POJK) Number 13 /POJK.03/2021 Financing Companies.
dated July 30, 2021 concerning the Implementation of 53. The OJK Circular Letter Number 22/SEOJK.05/2021
General Bank Products. dated August 24, 2021 concerning Implementation of
38. The OJK Regulation (POJK) Number 11/POJK.03/2022 Risk Management in the Use of Information Technology
dated July 7, 2022 concerning the Implementation of by Nonbank Financial Services Institutions.
Information Technology by Commercial Banks. 54. The OJK Circular Letter Number 28/POJK.03/2022
39. The OJK Regulation (POJK) Number 17/POJK.04/2022 dated December 22, 2022 concerning Risk Management
dated September 5, 2022 concerning the Guidelines for Certification.
Investment Managers’ Behavior. 55. The Articles of Association of PT Bank Rakyat Indonesia
40. The OJK Regulation (POJK) Number 24 of 2022 dated (Persero) Tbk as set forth in Deed No. 3 dated March
November 25, 2022 concerning the Development of the 9, 2021, drawn up before Fathiah Helmi, S.H., Notary
Quality of Human Resources of Commercial Banks. in Jakarta, which has obtained the Acknowledgement
846 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
of Amendment to the Articles of Association from the 59. Board of Directors Decree of PT Bank Rakyat Indonesia
Minister of Law and Human Rights of the Republic of (Persero) Tbk No. KU.02-DIR/KEP/10/2023 dated October
Indonesia No. AHU-AH.01.03-0159493 dated March 10, 2023 concerning Corporate Governance General Policy.
12, 2021, and most recently amended by Deed No. 60. Board of Directors Decree of PT Bank Rakyat Indonesia
4 dated October 6, 2021, drawn up before Fathiah (Persero) Tbk No. KU.03-DIR/FMA/10/2023 dated
Helmi, S.H., Notary in Jakarta, which has obtained the October 16, 2023 concerning Financial and Accounting
Acknowledgement of Notification of Amendment to the General Policy.
Articles of Association from the Minister of Law and 61. Board of Directors Decree of PT Bank Rakyat Indonesia
Human Rights of the Republic of Indonesia No. AHU- (Persero) Tbk No. B.211-DIR/SBM/12/2022 dated
AH.01.03-0457763 dated October 7, 2021,” as stipulated December 19, 2022 concerning the Designation of the
in the Legal Division Memorandum No. B.164.e-LGL/ Main Entity and Members of the Financial Conglomeration
PKJ/12/2021 dated December 22, 2021 regarding the of PT Bank Rakyat Indonesia (Persero) Tbk.
Wording of the Company’s Articles of Association in the 62. The Board of Directors Decree of BRI No. KU.02-DIR/
BRI Comparison Clause. MPE/04/2024 dated 30 April 2024 concerning the
56. Board of Directors Decree of PT Bank Rakyat Indonesia General Risk Management Policy may also be included as
(Persero) Tbk No. KU.01-DIR/KRD/11/2022 dated part of the Basis for Risk Management Implementation,
November 15, 2022 concerning the Bank’s Credit Policy. as it constitutes the highest-level policy governing Risk
57. Board of Directors Decree of PT Bank Rakyat Indonesia Management at BRI.
(Persero) Tbk No. KU.02-DIR/ASQ/12/2022 dated
December 30, 2022 concerning Internal Audit General Risk Management Framework and
Policy. Governance
58. Board of Directors Decree of PT Bank Rakyat Indonesia
(Persero) Tbk No. KB.01-DIR/KPD/04/2023 dated The Company’s Risk Management framework is contained
April 17, 2023 concerning Operational and Information in the BRI Risk Management Policy which is carried out
Technology General Policy. through a capital management and risk management
approach in operations and business covering all levels
of the BRI organization and members of the BRI Financial
Conglomerate. In simple terms, BRI’s risk management
framework is described as follows:
Board of Commissioners & Directors
Active Supervision Adequacy of MR Adequacy of MR
of the Board of Policies, Information Internal Control
Directors and Board of Procedures & Process System
Commissioners Limit Setting and Systems
Board of
Commissioners Risk Taking Unit
Board of Directors Committee
Committee & Policy Making Unit
Supervisory Function
Supervisory Function Identification, Measurement,
Monitoring, Control
MR Monitoring Risk Management Committee Credit Policy
Committee Committee Three Lines Model
Credit Risk Strategic Risk 1st Line 2nd Line 3rd Line
Integrated
Governance
Credit
Committee Market Risk Compliance Risk Business Risk Independent
Committee
Unit Unit Assurance
Liquidity Risk Reputation Risk
Audit Committee
Integrated Risk Compliance Internal Audit
Operational Risk Intragroup RIsk Management Operation Unit
Unit
Committee
Legal Risk Insurance RIsk
Risk Taking Unit Integrated Risk & Compliance
ESG
Committee Risk Management
Climate Change Risk
Information System
PT Bank Rakyat Indonesia (Persero) Tbk. 847
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Corporate
Governance
The risk management governance framework above refers to OJK Regulation No.18/POJK.03/2016, where the Implementation
of Risk Management consists of 4 (four) main pillars, namely:
a. Pillar 1: Active Supervision of the Board of Directors and Board of Commissioners;
Pillar 2: Adequacy of Risk Management Policies, Procedures and Limit Setting; In implementing the 1st and 2nd pillars of
Risk Management, the Board of Directors and the Board of Commissioners are assisted by Committees under the Board of
Directors and Committees under the Board of Commissioners.
b. Pillar 3 : Adequacy of Risk Management Information Processes and Systems; In implementing the 3rd pillar, BRI applies a 3
(three) line risk management model or three lines model, namely:
i. The first line as the Risk Owner Unit is a unit that directly identifies and manages Risk in the business process consisting
of the Core Risk Taking Unit and the Supporting Risk Taking Unit;
ii. The second line as the Risk Management and Compliance function which is an independent unit that measures, monitors
and mitigates Risk in aggregate, as well as develops Risk Management methodologies and policies; and
iii. The third line as the Internal Audit function is a unit that ensures that Risk governance and control have been implemented
effectively by the company.
c. Pillar 4 : Internal Control System.
In implementing the 4th pillar, namely the Internal Control System, the Internal Audit Unit as Independent Assurance carries
out an assessment of the SPI in the implementation of Risk Management.
The governance of Integrated Risk Management serves as the foundation for the Parent Company of Financial Conglomerate
Holding Company (PIKK) and Members of the BRI Financial Conglomerate in implementing the Integrated Risk Management
process across all business and operational activities of the BRI Financial Conglomerate. The Integrated Risk Management
governance framework used is described as follows.
848 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Board of Commissioners & Directors of the Main Entity
Adequacy of Adequacy of
Active Supervision of the
Integrated Risk Integrated Risk
Board of Directors and Board Integrated Internal
Management Policy, Management Process
of Commissioners of the Control System
Procedures & Limit and Information
Main Entity
Setting System
Board of Risk Taking Unit
Commissioners & Policy Making Unit
Board of Directors Committee
Committee
Identification, Measurement,
Supervisory Function Monitoring, Control
MR Monitoring Risk Management Committee
Committee Three Lines Model
Credit Risk Strategic Risk 1st Line 2nd Line 3rd Line
Integrated Governance
Committee
BRI
Market Risk Compliance Risk Business Risk Independent
Unit Unite Assurance
Liquidity Risk Reputation Risk
Audit
Committee Integrated
Compliance
Operational Risk Intragroup RIsk Operation Internal
Unit
Audit Unit
Legal Risk Insurance RIsk
Risk Taking Unit Integrated Risk & Compliance Integrated Assurance
Risk Management Information
System
Board of Subsidiary Risk Taking Unit
Commissioners Subsidiary Company Directors
& Policy Making Unit
Committee Subsidiary Risk Management Committee
Identification, Measurement,
Supervisory Function Monitoring, Control
Board of
Subsidiary Company BRI
Commissioners 1. Credit Risk 6. Strategic Risk
Committee Risk Management Information
System
KPMR, Audit
2. Market Risk 7. Compliance Risk
Committee, KTKT*
Three Lines Model
3. Liquidity Risk 8. Reputation Risk
1st Line 2nd Line 3rd Line
4. Operational Risk
9. Insurance Risk Business Risk Independent
(PA Insurance) Unit Unit Assurance
5. Legal Risk
Integrated
Compliance
Operation Internal
Unit
Audit Unit
Risk Taking Unit Integrated Risk & Compliance Subsidiary Assurance
3 Pillars of Supervision
The integrated risk management governance framework above refers to OJK Regulation No.17/POJK.03/2014 concerning the
Implementation of Integrated Risk Management for Financial Conglomerates, the Risk Management framework and governance
used by the BRI Financial Conglomerate consists of 4 (four) main pillars, namely as follows:
a. Pillar 1: Active supervision of the Board of Directors and Board of Commissioners of the Main Entity;
b. Pillar 2: Adequacy of policies, risk management procedures and integrated limit setting; In implementing the 1st and
2nd pillars of Integrated Risk Management, the Board of Directors and Board of Commissioners in each BRI Financial
Conglomerate entity are assisted by the Risk Management Committee under the Board of Directors and the Committee
under the Board of Commissioners.
c. Pillar 3: Adequacy of the Integrated Risk Management process and Information System;
PT Bank Rakyat Indonesia (Persero) Tbk. 849
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Corporate
Governance
In implementing the 3rd pillar, each BRI Financial 3. Risk Management Monitoring Committee Meeting on
Conglomerate entity must implement a 3 (three) lines risk February 25, 2025 discussing the approval of the revision
governance model, namely: and update of the 2024–2025 Recovery Plan.
i. The first line as a risk owner unit is a unit that directly 4. Risk Management Monitoring Committee Meeting on
identifies and manages risks in business processes April 29, 2025 discussing the Risk Profile for the First
consisting of Core Risk Taking Units and Supporting Quarter of 2024.
Risk Taking Units; 5. Risk Management Monitoring Committee Meeting on
ii. The second line as an independent Risk Management July 22, 2025 discussing the Risk Profile for the Second
and compliance function is a unit that measures, Quarter of 2024.
monitors and mitigates risks in aggregate, develops 6. The Risk Management Monitoring Committee meeting on
Risk Management methodologies and policies; and September 23, 2025 discussed discussing the strategy for
iii. The third line as an Internal Audit function is a unit distributing state funds to BRI, providing advisory advice
that ensures that risk governance and control are by consultants regarding specific project assignments,
implemented effectively by the company. and discussing follow-up actions to the results of the BPK
d. Pillar 4: Integrated Internal Control System. audit.
In the implementation of the 4th pillar, namely the Integrated 7. Risk Management Monitoring Committee Meeting
Internal Control System, Integrated SKAI and SKAI of on November 25, 2025 discussing the update of the
Subsidiaries as Independent Assurance have an important Recovery Action Plan.
role in ensuring the effectiveness of the implementation of 8. Risk Management Monitoring Committee Meeting on
the three pillars of Integrated Risk Management. December 16, 2025 discussing customers affected by
flooding in North Sumatra and West Sumatra.
In order to implement Integrated Risk Management, synergy
is carried out between the PIKK risk management organs and In 2025, the implementation of active supervision and
the risk management organs of members of the BRI Financial authority of the Board of Directors in Risk Management is
Conglomeration. The implementation of Risk Management carried out periodically and adequately in the Board of
within members of the BRI Financial Conglomeration is Directors Committee, including:
carried out with due observance of the applicable sectoral 1. ALCO Forum which has been held 9 (nine) times,
regulations governing each respective entity. discussing macroeconomics and asset & liability positions.
2. Risk Management Committee which has been held 7
Active Supervision of the Board of (seven) times, discussing risk profiles, capitalization and
Commissioners and Directors risk issues.
3. Business Performance Review (BPR) which has been
The Board of Directors and Board of Commissioners held 9 (nine) times, discussing monitoring and evaluation
provide clear direction, actively supervise and mitigate, and of BRI’s performance achievements nationally and the
develop a Risk Management culture. In addition, the Board performance of all business units (RO and KCK as well as
of Directors and Board of Commissioners also ensure an all Head Office Business Divisions).
adequate organizational structure, establish clear duties 4. Implementation of Risk Meetings to update loan risk
and responsibilities for each unit, and ensure sufficient portfolios which are carried out routinely to the Board of
quantity and quality of Human Resources (HR) to support the Directors and Commissioners.
implementation of Risk Management effectively.
Adequacy of Policies, Procedures and Limit
In carrying out these functions, the Board of Commissioners is Setting
assisted by a Committee at the Board of Commissioners level,
namely the Risk Management Monitoring Committee (KPMR). In accordance with OJK Regulation No. 18/POJK/2016, BRI’s
The Risk Management Monitoring Committee periodically holds Board of Directors has prepared written and comprehensive
meetings and provides recommendations for improvements Risk Management policies and strategies that were approved
which are submitted in the minutes. The meetings to discuss risk and evaluated by the Board of Commissioners. Some of the
profiles and the implementation of individual risk management policies that have been updated throughout 2025 included:
have been held 8 (eight) times, namely as follows: 1) Enterprise Risk Management
1. Risk Management Monitoring Committee Meeting a) Updating provisions related to the parameters and
on January 21, 2025 discussing the Risk Profile for limits of BRI’s Individual and Integrated Risk Appetite
the Fourth Quarter of 2024 and the Risk-Based Bank Statement (RAS), as well as those applicable to each
Soundness Level for the Second Semester of 2024. subsidiary.
2. Risk Management Monitoring Committee Meeting on b) Update of BRI’s Risk Profile, Rentability and Capital
February 11, 2025 discussing the Anti-Fraud Strategy for Parameters.
the Second Semester of 2024. c) Updating provisions related to the calculation of Risk-
Weighted Assets (RWA).
850 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
2) Credit Risk g) Updating provisions related to People Development.
a) Updating provisions related to Working Capital h) Updating provisions related to Data Management.
Loans. i) Updating provisions related to Resourcing.
b) Updating provisions related to the Micro Business j) Updating provisions related to Integrated Commercial
Credit Implementation Guidelines. Bank Report (LBUT).
c) Updating provisions related to the Management of k) Updating provisions related to Transaction
Non-Performing Loans. Operations Management.
d) Updating provisions related to the Credit Authority 5) Strategic Risk
Delegation Decision (PDWK). a) Update of Corporate Strategy Policy.
e) Updating provisions related to Multi-Purpose Loan. b) Updating provisions related to Management Pricing.
f) Updating provisions related to Loan Portfolio 6) Compliance Risk
Guidelines (LPG). a) Updating provisions related to the Circular Letter on
g) Updating provisions related to Collateral. the Implementation of the Anti-Money Laundering
h) Updating provisions related to Government Program (AML) Program, Counter-Terrorism Financing (CTF),
Loans. and Counter-Proliferation Financing of Weapons of
i) Updating provisions related to Sector-Specific Mass Destruction (CPF-WMD).
Financing. b) Updating provisions related to Taxation.
j) Updating provisions related to the Corporate c) Updating provisions related to the Implementation of
Business Credit Implementation Guidelines. the Compliance Function.
k) Updating provisions related to People’s Business 7) Reputational Risk
Credit (KUR). Updating the Standard Service Quality Policy.
l) Updating provisions related to Credit Facilities under 8) Legal Risks
the Nucleus-Plasma Scheme. a) Updating provisions related to the Protection and
m) Establishment of Sector Limits under the Loan Management of Copyrights and Trademarks of
Portfolio Guidelines (LPG). PT Bank Rakyat Indonesia (Persero) Tbk.
n) Establishment of Country Limits. b) Updating provisions related to the Legal Manual on the
3) Market and Liquidity Risk Drafting of Comparison Clauses and Confidentiality
a) Updating the Daily Liquidity Limits of PT. BRI Provisions in Agreements as well as Confidentiality
(Persero), Tbk. Agreements/Non-Disclosure Agreement (NDA).
b) Updating Transaction Limits and Market Risk Limits
for Financial Asset Instruments related to Head Adequacy of Risk Management Process and
Office Treasury activities. Risk Management Information System
c) Updating Transaction Limits and Market Risk Limits
for Financial Asset Instruments related to Overseas BRI’s Risk Management process is carried out completely
Branch Treasury (UKLN) activities (Taipei, New York, and is carried out on all material risk factors, namely those
Cayman Islands, Timor-Leste, and Singapore). that significantly affect BRI’s financial condition. The Risk
d) Updating provisions related to Treasury and Management process is carried out with 4 (Four) pillars as
Investment Product Services. follows:
e) Updating provisions related to Treasury Asset 1. Identification
Investment. Risk identification is done by analyzing all risks and risk
f) Establishment of Transaction Limits related to Bank characteristics found in each business activity including
Notes activities at BRI Head Office. risks from other products and services. The risk identification
g) Updating provisions related to Foreign Exchange process will greatly determine the scope and scale of the
Management. stages of risk measurement, monitoring and control. Risk
h) Updating provisions related to the Marketing of identification is carried out in activities such as:
Investment Products. 1) Loan Risk
4) Operational Risk a. Loan provision.
a) Updating the Standard Operating Procedures (SOP) b. Factoring.
for Digital Work Tools. c. Treasury business in banking book and trading
b) Updating the Policy on Foreign Exchange book, including investment in securities, Foreign
Management and Reporting. Exchange (Forex), derivative transactions and
c) Updating provisions related to Business Continuity placement and borrowing transactions between
Management. banks.
d) Updating provisions related to Employee Relation. d. International business including trade finance
e) Updating provisions related to Learning Management. and correspondent banking.
f) Updating provisions related to General Internal Audit e. Settlement.
Policy.
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f. Overseas transactions or investments (Country quantitative, qualitative or a combination of both. The
Risk). risk measurement approach and methodology measures
2) Market Risk the following:
Knowing the portfolio risk, both trading book and a. Operational risk measurement uses RCSA, KRI, and
banking book, which is influenced by the movement LED tools.
of market variables and can affect the value that has b. Transactional credit risk measurement uses credit
the potential to cause losses. rating and credit scoring tools, while portfolio risk
3) Liquidity Risk measurement uses vintage and flow rate analysis for
Banking products and activities that can affect the each product and distribution cohort.
sources and uses of funds, both in asset and liability c. Market risk measurement uses sensitivity analysis of
positions and administrative accounts. IRRBB, VaR, and PDN.
4) Operational Risk d. Liquidity risk measurement uses the Early Warning
a. Internal processes (policies, guidelines, systems Indicator (EWI) tool.
and procedures, and infrastructure and facilities).
b. Human resources. Stress testing is one of the methods used in risk
c. Information systems and technology. measurement. BRI conducts stress testing with the aim
d. External problems. of estimating potential losses in abnormal and extreme
e. New Bank Product Risk (PBB), namely business market conditions, using certain scenarios to see the
activities carried out by BRI in the form of sensitivity of BRI’s performance and financial condition
organizing products, services and/or services for to changes in risk factors and identify influences that
the benefit of customers. impact the portfolio, including:
5) Legal Risks a. Loan and non- loan portfolios, to see the risk of
a. Lawsuits and claims from external and internal default (Loan Risk Stress test).
parties. b. Securities portfolio and foreign exchange position,
b. Absence of supporting laws and regulations. to see the risk due to changes in interest rates and
c. Weakness of the agreement. exchange rates (Market Risk Stress test).
6) Strategic Risk c. Liquid asset portfolio and liability profile, to see the
Identification is carried out on deviations due to risk of liquidity (Liquidity Risk Stress test).
the nonrealization or ineffective implementation of d. Other portfolios that can impact profit and loss or
business strategies and business plans that have capital, for example potential losses from operational
been set out in the business plan and corporate plan, events on profit and loss.
especially those that have an impact on BRI’s capital.
7) Compliance Risk 3. Monitoring
a. Business activities, namely the type and Risk monitoring is carried out by evaluating the risk
complexity of business, including Bank products. exposure contained in the entire product portfolio
b. Non-compliance, the amount (volume) and and business activities against compliance with the
materiality of non-compliance with internal established internal limits and the effectiveness of the
policies and procedures, applicable laws and Risk Management process. Monitoring is carried out by
regulations, healthy business practices and the Risk Taking Unit and SKMR in the Risk Supporting Unit
ethical standards. sector. The monitoring results are presented in periodic
8) Reputational Risk reports submitted to Management in order to mitigate
a. Disclosure aspect. risks and take necessary actions. In monitoring risks, BRI
b. BRI’s level of sensitivity to customer complaints utilizes various Risk Management Information Systems,
about business quality. including the Credit Risk Assessment System (CRAS)
c. Communication policy on negative news. Dashboard, the Daily Market Risk Portfolio Dashboard,
d. Negative behavior of workers or management. the Monthly Risk Profile Dashboard, the Integrated Risk
9) Other Risks Management Dashboard, and BRISIM for performance
BRI identifies the nature, type and complexity of information.
business activities, including new products and
activities. In addition, Monitoring and reporting of risks that are
2. Measurement material or have an impact on capital conditions can be
The risk measurement system is used to measure risk based on an assessment of potential risks using historical
exposure and as a reference in carrying out control. trends, portfolio comparisons in different periods
Risk measurement is carried out periodically for (vintage analysis), and the position of risk parameters
products, portfolios and all business activities. The against limits.
measurement approach and methodology can be
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4. Control 2) Reputation recovery after an incident that creates
Risk control aims to manage certain risks that can reputational risk.
endanger BRI’s business continuity. The risk control
process framework is based on the results of an Adequacy of Internal Control
evaluation of risk exposures found in the entire product
portfolio and functional activities. Risk control procedures In Quarter IV – 2025, BRI SKAI has conducted a review of
and methodologies are determined by considering the the adequacy of internal control for the implementation of
complexity of the business, implementation conditions risk management based on audit results (both for Regulatory
and capabilities of the internal Risk Management system Audit, Special Audit, Surprise Audit, Investigative Audit,
and applicable provisions. Some risk control processes Thematic Audit activities) until the end of December 2025.
at BRI include:
a. Determination of Risk Appetite Overall, the assessment of the Quality of risk management
b. Determination of Risk Limit implementation by SKAI BRI is the same as the assessment of
c. Reserve for Losses SKMR BRI. There is 1 (one) risk that gets a fair rating, namely
d. Handling of Problematic Productive Assets operational risk. This is because there are still weaknesses
e. Validation process of loan risk model periodically in internal control that need attention, namely the increase in
f. Control of interest rate risk in banking book the nominal fraud loss YoY.
g. Control of risk in hedging
h. Determination of segregation of duty for each Risk Management System
different function
i. Control of risk in increasing quantity and quality of Risk Management Principles
Human Resources (HR)
j. Control of operational risk against external factors by In line with the aspiration of Managing Risk for Sustainable
preparing action plan to ensure business continuity, Business, Operational Excellence & Banking Resilience,
including emergency contingency plan and adjusted risk management is expected to provide assurance for
to the business continuity needed sustainable banking business operations through adequate
k. Periodic review of procedures, documentation, data risk management practices. In this regard, BRI adopts the
processing system, contingency plan and other eight (8) principles of ISO 31000:2018 as the core values
operational practices. applied in the implementation of Risk Management.
l. Having legal opinion from external legal consultant 1. Integrated
on legal issues if needed Risk management constitutes an integral part of all
m. Periodic review of contracts made with other parties organizational activities.
n. Determination of policy regarding documentation 2. Structured & Comprehensive
requirements and procedures for storing and A structured and comprehensive Risk Management
protecting important documents approach contributes to consistent and comparable
o. Establishment of financial control procedures outcomes.
and processes aimed at monitoring achievement 3. Customized
compared to targets set according to the business The Risk Management framework and processes are
plan adaptable to the Company’s objectives and aligned with
p. Periodic testing and review of the strategic risk developments in internal and external conditions.
management system 4. Inclusive
q. Periodic evaluation of the implementation of good Adequate and timely engagement, supported by
corporate governance and preparation of follow-up diverse knowledge, insights, and perspectives from
improvements all stakeholders, will result in more informative Risk
r. Reputational risk control that can be done through 2 Management practices and enhance risk awareness.
(two) things: 5. Dynamic
1) Prevention of incidents that give rise to Risks may arise, change, or cease to exist in line with
reputational risks, which is generally carried out shifts in the organization’s external and internal context.
through a series of activities as follows: Risk Management identifies, measures, monitors,
a) Corporate Social Responsibility. anticipates, and controls changes and risk events in an
b) Regular communication/education to adequate and timely manner.
stakeholders in order to build a positive
reputation from stakeholders.
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6. Best Available Information
Inputs for the improvement of Risk Management are based on historical and current information, as well as future projections.
Risk Management explicitly takes into account any limitations and uncertainties associated with such information and
projections. Information should be timely, clear, and accessible to relevant stakeholders.
7. Human & Cultural Factors
Behavior and culture significantly influence all aspects of Risk Management at every level and stage.
8. Continual Improvement
Risk Management is continuously improved on the basis of knowledge and experience.
Risk Management Process
BRI’s risk management process is implemented by adopting Enterprise Risk Management (ERM), which is defined as
management’s capability to manage all corporate/Bank risks in order to achieve optimal business targets. Each component of
ERM is not sequential in nature but rather operates within a dynamic flow. BRI’s ERM applies the Risk Management framework
standards in accordance with best practices, namely ISO 31000 and COSO ERM, which are integrated into a single process as
follows:
Corporate Strategy (RKAP and RBB)
Risk Strategy 1
1. Risk Definition Risk Strategy
2. Decision-Making Process
2 Risk Appetite
Risk Appetite 1. Metodologi Risk Appetite
2. Early Warning Signal
Risk Profile 3
1. Risk Incident Reporting Risk Profile
2. Risk Profile (per Risk Type)
3. Risk Mitigation
4 Governance Structure
Governance Structure 1. Governance Model
2. Risk Management
Responsibilities
Risk Policies 5
Risk Policy includes all Risk Policies
supporting policies
6 Monitoring & Reporting
Monitoring & Reporting 1. Supervision and Reporting
2. Action Plan
8 7 9
Risk Culture Modelling & Analysis (Risk) Risk Technology Tools
Risk Culture Modelling & Analysis (Risk) Risk Technology Tools
Systems and Technologies such as the use
1. Risk Culture Assessment 1. Risk Assessment
of spreadsheets, data warehouses, and
2. Defining Risk Culture 2. Risk Modeling
Disaster Recovery (including BCM)*
1. Risk Strategy
Risk serves as a primary consideration in formulating strategies, preparing the business plan, and conducting performance
assessments. The SKMR Risk Policy Making Unit provides input from a risk management perspective in the preparation of
the Company’s business plan and corporate targets.
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2. Risk Appetite at any time by taking into account changes in BRI’s business
Risk Appetite represents the level of risk that the plans and objectives as well as changes in the business
Company is willing to undertake in order to achieve its environment.
objectives. With a higher (more aggressive) level of risk-
taking, the Company expects to obtain higher returns Integrated Risk Management
(upside risk). However, should the business strategy fail,
the Company must be prepared to accept lower returns In order to measure risk more thoroughly, BRI had
(downside risk). implemented integrated risk management in accordance
3. Risk Profile with the Financial Services Authority Regulation No. 17/
The process of identifying and assessing all risks faced POJK.03/2014 dated November 19, 2014 concerning
by the Company in relation to its corporate strategic the Implementation of Integrated Risk Management for
plans (including risks that may currently occur as well as Financial Conglomerates and Circular Letter of the Financial
those that may arise in the future). Services Authority No. 14/SEOJK.03/ 2015 dated May 25,
4. Governance Structure 2015 concerning the Implementation of Integrated Risk
The establishment of a Three Lines Model governance Management for Financial Conglomerates. BRI Financial
structure, including the accountability and responsibilities Conglomerate was a financial service institution that was in
of senior management. a group or groups with BRI due to ownership and/or control
5. Risk Policies linkages. BRI as the holding company was the Main Entity
The adequacy of risk management policies and of BRI Financial Conglomerate. BRI Financial Conglomerate
procedures to manage all types of risks. had a structure consisting of BRI as the Main Entity and its
6. Monitoring & Reporting subsidiaries and/or related companies.
Risk-based performance measurement (Risk Based
Bank Rating, Financial Soundness Level, etc.), risk-based The implementation of integrated Risk Management in risk
capital allocation for each business segment, and yield). management at BRI included:
7. Modelling & Analysis (Risk) 1. Determination of Integrated Risk Limit
The development of models as the primary framework The Board of Directors of the Primary Entity
in the process of risk identification, measurement, was authorized to set risk limits for the Financial
and control, prepared in accordance with applicable Conglomerate in accordance with the level of risk
standards or best practices. appetite, risk tolerance, and overall strategy of the BRI
8. Risk Culture Financial Conglomerate. The determination of risk limits
The implementation of risk culture values by employees, had to be in line with the business strategy, Risk Profile,
as well as the enhancement of capabilities in risk-taking BRI Financial Conglomerate’s capital ability to absorb
and risk management. risk exposure or losses incurred, past loss experience,
9. Risk Technology Tools human resource capabilities, and applicable regulatory
The utilization of technology in supporting the ERM requirements.
approach must focus on organizational needs, data The preparation of limits was carried out by the Division
quality, and automation. in the BRI Integrated Risk Management Working Unit in
charge by considering input from members of the BRI
Risk Appetite Statement Financial Conglomeration. The determination of risk
limits included:
Risk Appetite/level of risk to be taken was the level and type a. Overall limit (Integrated)
of risk that BRI was willing to take to achieve its goals. The b. Limit for each type of risk
determination of Risk Appetite was used as an objective guide c. Limit of each member of the Financial Conglomerate
in making strategic decisions related to risk management, that has risk exposure
as a tool for Management in implementing good business
governance, and as a guide from Management to Business The limits were reviewed periodically by the Division in
Unit regarding the type and amount of risk that could be charge of the BRI Integrated Risk Management Working
accepted and managed. Unit to adjust to changes in conditions that occur. The
limits had to be understood by each related party in
The level of risk to be taken was reflected in the strategy the BRI Financial Conglomeration and communicated
and business objectives (Long Term Plan and Bank Business properly, including if changes occured.
Plan) and included all types of risks that were material in
BRI’s business operations. The BRI Board of Directors sets
the Risk Appetite in the form of quantitative, qualitative, and
zero-tolerance statements related to BRI’s business goals
and objectives. The Risk Appetite was reviewed annually or
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The types of risks managed in integrated Risk Management included:
The types of risks managed in Integrated
Risk Management
Intragroup
Operational
Credit Risk Market Risk Liquidity Risk Transaction
Risk
Risk
Compliance Reputational
Legal Risks Strategic Risk Insurance Risk
Risk Risk
2. Provision of Integrated Minimum Capital
BRI as the Main Entity had a Subsidiary Company in the form of a Financial Services Institution (LJK) thus forming the
BRI Financial Conglomerate, that in order to create a financial sector that grew sustainably and stably and had high
competitiveness, the BRI Financial Conglomerate needed to have adequate capital adequacy.
Capital was a source of financial support in the implementation of BRI Financial Conglomerate activities as a whole, a
cushion to absorb unexpected losses, and a safety net in crisis conditions. Adequate capital adequacy could increase
stakeholder confidence, thus supporting the condition and stability of the BRI Financial Conglomerate. BRI always ensured
that the Financial Conglomerate had met the minimum Integrated Capital Adequacy Requirement (CAR) of 100%.
Implementation of Basel
The Company had implemented several Basel Pillars in the implementation of Risk Management, among others:
1. Internal Capital Adequacy Assessment Process (ICAAP)
In accordance with OJK Regulation No. 27/POJK.03/2022 concerning the Minimum Capital Adequacy Requirements of
Commercial Banks, BRI had ensured that BRI’s capital had fulfilled the capital adequacy minimum requirements according
to risk profile, and established additional capital as a buffer, which includes Capital Conversation Buffer, Countercyclical
Buffer, and Capital Surcharge for Systemic Banks, in addition, BRI has met the minimum Leverage Ratio requirements that
have been reported to the regulator quarterly.
In addition, in the framework of the Supervisory review process, BRI implemented Bottom Up Stress Testing in supporting
the implementation of the banking system stability management framework in Indonesia, which included a solvency stress
test and liquidity assessment.
2. Loan
Calculation of Risk-Weighted Assets for Loan Risk has used the Standard Approach method with reference to SE OJK No.
24/SEOJK.03/2021. In addition, in 2024, BRI has implemented capital calculations for bank exposure to Central Counterparty
Institutions with reference to SE OJK No. 16/SEOJK.03/2023.
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3. Operational of credit risk is governed through policies and procedures,
The calculation of minimum capital for operational namely the General Credit Policy under Decree No. KU.01-
risk is carried out using the Basic Indicator Approach DIR/KRD/11/2022 and the Credit Implementation Guidelines
in accordance with Financial Services Authority for each business segment, including Circular Letter No.
Circular Letter No. 24/ SEOJK.03/2016 concerning the SE.02-DIR/KRD/01/2025 concerning the Micro Business
Calculation of Risk Weighted Assets for Operational Risk Credit Implementation Guidelines, Circular Letter No. SE.04-
using the Basic Indicator Approach. However, starting DIR/KRD/01/2024 concerning the SME Business Credit
from 2023, the calculation of Risk-Weighted Assets for Implementation Guidelines, and Circular Letter No. SE.06-
Operational Risk had to use the Standardized Approach DIR/KRD/07/2025 concerning the Corporate Business Credit
based on Financial Services Authority Circular Letter No. Implementation Guidelines.
6/SEOJK.03/2020.
In order to maintain a healthy loan portfolio, BRI’s loan risk
4. Markets and Liquidity management is carried out with the following principles:
a. Starting from 2024, the calculation of Risk Weighted 1. Separation of field loan
Assets for Market Risk had to use the Standardized In the loan granting process, there are 2 (two) functions
Approach based on Financial Services Authority involved, namely:
Circular Letter No. 23/ SEOJK.03/2022. a. Relationship Management (RM) is a function
b. Measurement of the Bank’s Liquidity resilience using that carries out business activities such as: loan
the Basel III Approach: Liquidity Coverage Ratio & marketing, savings products, services and cross-
Net Stable Funding Ratio, under OJK Regulation No. selling, establishing relationships with debtors/
42/ POJK.03/2015 regarding the Obligation to Fulfill potential debtors, and implementing efforts to return
the Liquidity Coverage Ratio for Commercial Banks performing loans.
and POJK No. 19 of 2024 concerning Amendments b. Credit Risk Management (CRM) a function that carries
to Financial Services Authority Regulation No. 42/ out loan risk control and assessment, loan portfolio
POJK.03/2015 regarding the Obligation to Fulfill management and management of problematic loan.
the Liquidity Coverage Ratio (LCR) for Commercial 2. Application of the Four Eyes Principle
Banks. Meanwhile, the calculation of the Net Stable The Four Eyes Principle is a principle in the implementation
Funding Ratio (NSFR) is carried out in accordance of the authority to decide on loan which must be carried
with the OJK Regulation No. 50/POJK.03/2017 out jointly by at least 2 (two) loan line officers, one or
regarding the Obligation to Fulfill the Net Stable both of whom have sufficient authority..
Funding Ratio for Commercial Banks and POJK No. 3. Implementation of Internal Risk Rating System
20 of 2024 concerning Amendments to Financial Every business should implement a standard risk
Services Authority Regulation No. 50/POJK.03/2017 assessment. The standard risk score provides the basis
regarding the Obligation to Fulfill the Net Stable for calculating the cost of risk and for portfolio planning
Funding Ratio (NSFR) for Commercial Banks. As and management.
an addition to the Basel pillar in measuring liquidity 4. Separation of Problematic Loan Management (KL, D and M)
resilience, starting from 2026, the implementation of Loan that has been included in the category of
the Internal Liquidity Adequacy Assessment Process problematic loan, its management must be transferred
(ILAAP) will be carried out as of the December 2025 from the Relationship Management (RM) ranks to the
reporting position. Credit Risk Management (CRM) ranks or officers in the
c. Measurement of Interest Rate Risk in the Banking RM ranks who are appointed to handle problematic
Book (IRRBB) is under OJK Circular Letter Number loan. In the case that the CRM ranks have received the
12/SEOJK.03/2018 on the Implementation of Risk delegation of management of problematic loan, then
Management and Risk Measurement Standardized the responsibility for managing the loan is entirely the
Approach for Interest Rate Risk in the Banking Book. responsibility of the CRM ranks.
Risk Profile and Management In addition to these principles, BRI manages credit risk
through the application of the 5C analysis, supported by
Risks managed by BRI, namely: periodic activities as follows:
1. Development, improvement and update of Loan Risk
Credit Risk Rating and Loan Risk Scoring as tools/parameters in
Loan Risk Management aims to identify, measure, monitor measuring loan risk by predicting the level of possibility
and control loan risks inherent in business activities so of default by debtors.
as to minimize potential losses for BRI. In performing its
intermediary function with due prudence, the management
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2. Enhancement and update of Early Warning System as Operational Risk Management Unit (SKMRO) was established
a signal of early symptoms/signs that are estimated to with a focus on managing operational risk at BRI. SKMRO
influence/ cause the possibility of default by debtors in reports directly to the Director of Risk Management and
fulfilling their obligations. comprises the Operational Risk Group, Digital Risk Group,
3. Update Loan Portfolio Guidelines (LPG) as a tool and and IT & Fraud Risk Group.
validation of pipeline models, each of which aims to
ensure that BRI’s loan allocation is channeled to customer In line with the growth of digital transactions and services,
groups that have risk and growth potential in accordance and in anticipation of increasing cyber threats, the Digital
with BRI’s business conditions and plans, and remains Risk Group is tasked with managing digital risk, including the
based on healthy and profitable loan principles. formulation of policies, the implementation of risk management
4. Loan stress test as a tool to evaluate bank resilience in processes, as well as the monitoring and evaluation of digital
facing economic downturns. risks and their controls across all Bank activities.
5. Determination and review of loan risk management
policies, including governance, management of loan Furthermore, to strengthen the implementation of GCG
decision limits, determination of acceptable risk exposure and in compliance with POJK No. 12 of 2024 concerning
limits, management of limits based on geography and the Implementation of Anti-Fraud Strategies for Financial
management of concentration limits per industry/sector, Services Institutions, and pursuant to Board of Directors
and restrictions on expansion for marketers with NPLs Decree No. 2989-DIR/PPM/06/2025 dated 24 June 2025,
above the limit. the Bank established the IT & Fraud Risk Group. This group
6. Development of an information system in the form is responsible for formulating anti-fraud strategy policies,
of a Credit Risk Analysis System (CRAS) Monitoring ensuring the implementation of anti-fraud strategies
Dashboard as a tool for monitoring credit quality (LAR, encompassing prevention, detection, investigation, reporting,
SML, NPL), industrial sector, recovery and other analysis and sanctions, as well as conducting monitoring, evaluation,
in business segments to the business unit level, to assist and follow-up actions with the objective of preventing fraud
the loan risk management process in a portfolio so that it risk events and undertaking recovery efforts for fraud-
can be used as a supporter in strategic decision making. related losses.
7. Update the loan risk reserve (CKPN) calculation model
according to the financial accounting standard PSAK 71 In line with organizational development and the strengthening
periodically. of operational risk management, in 2025 the Bank established
four (4) Senior Operational Risk Head (SORH) organizations
Operational Risk at the Head Office level, namely: SORH Procurement, SORH
Operational risk management is a risk resulting from Distribution, SORH Information Technology, and SORH
inadequate and/or non-functioning internal processes, Corporate Center, where each SORH is responsible for the
human error, system failure, and external events that implementation of operational risk management within the
affect the Bank’s operations. To realize the aspirations and respective Directorate under its supervision.
commitments of risk management, BRI complements its
business operations with organizational design, people, The operational risk management process, from
culture, and data & technology that facilitate operational identification, measurement, treatment to monitoring and
risk management at every level of the company, including reporting is carried out by all Business Units, both first line,
identification, measurement, monitoring and control second line, and third line models. The operational risk
activities. The operational risk management process is management process will be strengthened by the use of
increasingly effective with the existence of quality operational technology-based tools that can be used together by the
risk management tools, in the form of Risk and Control three lines model for collaboration in managing Bank-wide
Self Assessment (RCSA), Key Risk Indicator (KRI), Incident operational risk.
Management/Loss Event Database, and Risk Management
Forum, maturity, and supported by the Internal Audit Unit as The preparation and updating of RCSA, recording and
assurance. In addition, the Risk Appetite Statement (RAS) documentation of losses or incidents, as well as the
is reduced to operational risk parameter limits and KPIs for preparation and monitoring of key risk indicators in a
each Business Unit at the Head Office to the Branch Office. disciplined and systematic manner can facilitate the
prediction of potential risks in the future so that they can
The structure and organization of the management and control be mitigated early. Currently, operational risk management
functions related to operational risk at BRI are established policies and tools are being developed with an integrated
by taking into account developments in operational risk system and using data analytics to improve the capability
within the banking sector and financial services industry, as of implementing predictive and preventive operational risk
well as the complexity of BRI’s business. In this regard, the management.
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Adequacy and competence of human resources and related to BRI’s Treasury activities. The limits listed in the
internalization of risk culture are the reinforcements of policy included open position limits for trading, dealer
operational risk management implementation. Currently, transaction limits, cut loss and stop loss limits, uncommitted
special competencies in the field of risk management are financing line limits, counterparty limits, and value at risk
being developed and Risk Culture is being implemented (VaR) limits.
to achieve company goals through Risk Culture/Culture
Activation Program (CAP) programs carried out by BRI also conducted market risk stress testing simulations
workers in all operational business units. Furthermore, the aimed at measuring the potential risk in the portfolio under
implementation of operational risk management is ensured stress conditions. In stress testing, shocks could come
to be correct and is reviewed periodically by the Internal from exchange rates and interest rates that had an impact
Audit Unit as an independent party authorized to carry out on market risk exposures which included Net Open Position
assurance. (NOP), Fair Value through Other Comprehensive Income
(FVTOCI) and Fair Value through Profit or Loss (FVTPL)
Market Risk categories.
Market risk measurement at BRI is carried out periodically
(daily, weekly, monthly and quarterly) including by: Liquidity Risk
1. Calculating market risk using the standardized To support liquidity management, BRI established liquidity
measurement method approach and internal model risk management policies in the Liquidity Risk Management
measurement (VaR); Circular which included:
2. Simulating NII on changes in market interest rates and 1. Liquidity Risk Management Governance
benchmark rates as well as repricing gaps on assets and 2. Liquidity Management Limit
liabilities; 3. Liquidity Coverage Ratio (LCR)
3. Implementing an integrated system for treasury and 4. Net Stable Funding Ratio (NSFR)
market risk, which is used by front office, middle office 5. Early Warning Indicators (EWI)
and back office functions. 6. Contingency Funding Plan (CFP)
In market risk management, BRI regularly organized Risk This policy aimed to ensure adequate liquidity risk
Management Committee forums that discussed market risk management, including the adequacy of daily funds in
profiles, market risk issues both internal and external, and meeting obligations in normal conditions and crisis conditions
market risk stress testing. In addition, BRI also conducted on time from various available sources of funds, including
ALCO meetings which were held every month to discuss the ensuring the availability of high-quality liquid assets. The
condition of assets and liabilities, including maturity profile, funding strategy was prioritized from the collection of Third-
interest rate risk, NII simulation, and PDN management. Party Funds (DPK) which had a healthy and sustainable
structure.
The market risk management function was divided into
three functions consisting of front office (Treasury Business BRI also conducted a liquidity risk stress testing simulation
Division), middle office (Market, Portfolio &Enterprise Risk to measure resilience or the ability to meet liquidity and
Division), and back office (Payment Operation Division). capital needs during a crisis. This stress testing is also used
The front office monitored market price movements and as a reference for preparing an emergency funding plan
conducted Treasury activities, adjusting the portfolio under (contingency plan) as well as determining and monitoring
the direction of market movements, the middle office set liquidity risk limits.
and monitored market risk limits, and transaction limits and
periodically ensured market data (market price) used for To comply with the implementation of Basel III, BRI monitors
mark-to-market (MTM), while the back office conducted two main liquidity ratios, namely the Liquidity Coverage Ratio
settlement and daily and set MTM at the end of the day. (LCR) and the Net Stable Funding Ratio (NSFR). The results
The implementation of delegation of authority was realized of monitoring both ratios indicate that BRI’s position is above
through the determination of transaction limits in stages the minimum ratio limit set by Basel III.
under the competence and experience of workers.
Strategic Risk
Market risk policies, procedures, and limits had been BRI’s strategic risk evaluation is carried out by the Board
prepared and were contained in the Treasury Implementation of Directors periodically through forums that discuss
Guidelines as well as the Market Risk Management Circular strategic risk strategies and policies, including the Business
Letter and the Provisions for Determining Limits on Performance Review forum, ALCO, Risk Management
Transactions and Financial Instrument Market Risk Limits Committee, and Board of Directors Meetings used to align
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BRI’s strategy. Formulation and monitoring of strategy include consistent communication, maintaining openness
implementation include the Long-Term Plan (corporate of information and transparency to all stakeholders, and
plan), Bank Business Plan (RBB), and Company Work Plan establishing harmonious relationships with the media in
& Budget (RKAP). terms of maintaining BRI’s corporate name. This is done in
order to minimize and handle negative news that can arise
The Bank Business Plan and Company Budget Work Plan from stakeholder complaints or complaints that can affect
were reviewed annually based on changes in the business BRI’s reputation.
environment and company plans. Meanwhile, the Long-Term
Plan served as a guideline for planning every year and could Although BRI’s current reputation is very good, reputation
be reviewed if there were significant changes in the business risk management related to negative publications related
environment and resources. to all aspects of BRI’s business and operational activities
must still be implemented in accordance with applicable
To mitigate strategic risk, BRI had implemented regular provisions and procedures. BRI immediately follows up and
monitoring tools through parameters reflected in the strategic resolves customer complaints and lawsuits that can increase
risk profile. Strategic risk measurement, among others, was reputation risk exposure. In addition, mitigation of reputation
carried out by analyzing exposures and comparing risk risk and events that cause reputation risk is carried out by
exposures with established limits, including loan expansion, considering the principles of materiality of problems and
third-party funds, Operating Expenses Operating Income, costs.
and fee-based income. The formulation and implementation
of follow-up actions on strategic risk exposures are In order to control greater reputational risk in the future,
documented in both the Risk Management Committee (RMC) preventive and recovery actions for reputational risk
meetings and the Integrated Risk Management Committee that have been taken are followed by improvements to
(RMCT) meetings of the BRI Group, involving all members of weaknesses in control and procedures that trigger (root
the Financial Conglomerate and the Integrated Governance cause) the occurrence of reputational risk.
Committee (KTKT).
Legal Risks
Compliance Risk Legal risk management was carried out with the aim of
Banking was a highly regulated industry, so BRI always increasing awareness of potential legal risks in every
monitored compliance with the provisions issued by the operational and business activity of BRI so that preventive
Regulator and other authorized agencies. Regulatory action could be taken as early as possible, helping to solve
sanctions for violations of these provisions varied from legal problems, and minimizing potential losses due to legal
reprimands, fines/penalties, to license revocation. risks.
Compliance risk management was carried out in all BRI
activities under applicable regulations. In order to minimize the potential for legal risk events,
periodic socialization of applicable legal aspects was carried
Furthermore, BRI also applies the Risk Based Approach out to increase the awareness of employees and operational
methodology which is summarized in the policies and Business Unit of the legal consequences contained in every
SOPs (standard operational procedures) related to AML activity carried out.
and PPT which are managed by the Compliance Division
as a special business unit to protect BRI from the targets of The implementation of risk management tools such as RCSA,
money laundering and terrorism. Monitoring of suspicious MI and KRI are also used to support the implementation of
transactions is carried out by the Compliance Division through the legal risk management process in identifying, observing
the AML (Anti Money Laundering) system. In addition, as part and monitoring claims/lawsuits against BRI so that legal risk
of the implementation of compliance risk management, BRI control measures can be taken as early as possible.
also carries out Enhanced Due Diligence (EDD) as a more
in-depth process than Customer Due Diligence (CDD), The Legal business unit and its staff are business units that
previously known as Know Your Customer (KYC). function as legal watch supervisors to provide legal analysis/
studies and legal advice to all workers at every level of the
Reputational Risk organization as well as providing assistance in handling legal
The reputation risk control function is carried out by the cases to minimize losses that can be experienced by BRI.
Corporate Secretary Division business unit as BRI’s public
relations. Steps taken by BRI in reputation risk management
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Intragroup Risk 3. The Board of Commissioners of the Main Entity is
Intragroup Transaction Risk was the risk due to the responsible for the effectiveness of the implementation
dependence of an entity either directly or indirectly on other of Integrated Risk Management and was responsible for:
entities in a Financial Conglomeration to fulfill the obligations a. Directed, approved, and evaluated the Integrated
of written or unwritten agreements followed by the transfer Risk Management policy.
of funds and/or not followed by the transfer of funds. b. Evaluated and provided direction for improvement
Intragroup Risk Management in BRI were as follows: on the implementation of the Integrated Risk
1. Intragroup Risk identification was carried out Management Policy regularly.
quantitatively and qualitatively for exposures that had 4. The Integrated Risk Management Unit had held forums
a significant effect on the condition of the BRI Financial with Subsidiaries regularly to discuss the Insurance Risk
Conglomerate. Profile.
2. The Board of Directors of BRI established an Integrated 5. Risk Monitoring and Control through the Subsidiary
Risk Management Committee and had held an Company Risk Profile Discussion Forum which was held
Integrated RMC Forum which was held regularly to regularly to discuss Risk Issue of Insurance Risk and its
discuss Intragroup Risk, Intragroup Risk Policy, and Risk follow-up plan.
Monitoring and Control of Subsidiary Companies in the
BRI Financial Conglomeration to discuss Intragroup Risk, Some policies had regulated the implementation of Integrated
Risk Issues and follow-up plans. Risk Management and insurance risk limits including:
3. The Board of Commissioners of the Primary Entity is 1. Integrated Risk Management Policy of PT Bank Rakyat
responsible for the effectiveness of the implementation Indonesia (Persero) Tbk.
of Integrated Risk Management and was responsible for: 2. Determination of financial conglomerate insurance risk
a. Directed, approved, and evaluated the Integrated parameters & limits.
Risk Management policy.
b. Evaluated and provided direction for improvement Implementation of Risk Management
on the implementation of the Integrated Risk Education
Management Policy regularly.
4. The Integrated Risk Management Unit had held forums To implement quality risk management, it was necessary
with Subsidiaries regularly to discuss the Intragroup Risk to fulfill human resources who were competent in their
Profile. duties. To obtain reliable human resources in the field of
risk management as well as to fulfill regulatory requirements
BRI had regulated the Implementation of Integrated Risk regarding the implementation of risk management for
Management and intragroup risk limits including: commercial banks, BRI conducted risk management
1. Integrated Risk Management Policy of PT Bank Rakyat education, among others:
Indonesia (Persero) Tbk.
2. Establishment of intragroup risk parameters & limits for 1. Risk Management Certification and Refreshment
financial conglomerates. Risk Management Certification Education was attended
by the Board of Commissioners, Directors, and BRI
Insurance Risks employees with the corporate title Senior Manager and
It was a risk due to the failure of the insurance company above. For those who had received Risk Management
to fulfill its obligations to policyholders as a result of the Certification, BRI continued to carry out education with a
inadequacy of the risk selection process (underwriting), refreshment program so that those concerned continued
premium determination (pricing), use of reinsurance, and/or to get the latest information on risk management.
handling of claims. Insurance Risk Management at BRI was 2. E-learning method
as follows: Risk management education was also carried out
1. Identification of Integrated Insurance Risks carried out through interactive learning methods through e- learning.
by the Integrated Risk Management Working Unit, both E-learning was intended for all BRI employees as a
quantitative and qualitative, which had a significant effect medium for selfeducation to understand the philosophy
on the condition of the BRI Financial Conglomeration for and application of risk management.
Subsidiaries engaged in Insurance. 3. Socialization
2. BRI’s Board of Directors established an Integrated Risk Regular socialization was carried out by the risk
Management Committee and had held an Integrated management Business Unit to all BRI employees
RMC Forum to discuss Insurance Risk and Insurance Risk throughout Indonesia. Socialization was mainly carried
policies within BRI Financial Conglomeration. out regarding the risk management tools used in BRI.
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4. Education 3. Technological developments, such as Artificial
Education for BRI employees through seminars and Intelligence, Blockchain, and Digital Currency, have
training organized by external and internal parties. the potential to disrupt existing business models.
5. Webinar Risk Upgrade Series Technological innovation is driving changes in the
The Risk Upgrade Series webinar was held regularly once financial industry ecosystem; therefore, the Company
a week (weekly) which aimed to increase knowledge needs to continuously enhance its digital capabilities,
and understanding of the risk management process in strengthen service innovation, and develop adaptive
certain activities and business processes. The theme, business strategies.
speakers and participants of the Risk Upgrade Series 4. Climate Change Risk, climate change, including due to
Webinar were tailored to the needs and issues that were global warming, carbon taxation, changes in consumer
of concern to both the product owner, policy-making behavior, and others can cause physical risk or transition
Business Unit, and SKMR. risk which directly or indirectly impact BRI’s growth,
quality and profitability.
Top Emerging Risk
Risk Assessment
With its position as one of the largest banking entities
in Indonesia, BRI is required to grow and develop with Risk management is implemented across all banking
maintained asset quality, and be able to provide safe and activities by adhering to the standard management
comfortable banking services for the community. regulations set by the regulatory authorities. Based on
the risk profile assessment for the fourth quarter of 2025,
From an internal perspective, the identification of risks BRI’s risk profile rating was at the Low to Moderate level. In
related to emerging risks, whether arising from external addition to individual risk assessments, BRI, as a Financial
factors or technological developments, has been regulated Conglomerate, also conducts an integrated risk assessment.
under the General Risk Management Policy. From an external The results of the integrated risk profile assessment for
perspective, the high level of uncertainty, including the rapid the second semester of 2025 indicate that the risk profile
development of digital technology during the pandemic rating of BRI’s Financial Conglomerate remains at the Low to
period, has significantly influenced public behavior, including Moderate level.This self-assessment outcome demonstrates
in the use of banking services. Customer perceptions and BRI’s ability to maintain effective risk management in line with
expectations have shifted from being primarily oriented the growth of its business and the increasing competition
toward convenience to increasingly considering the security within Indonesia’s banking industry.
aspect of transactions.
Individual Risk Profile
The complexity of business and external dynamics have
implications for increasing risk exposure faced by companies. Compositely, BRI’s Risk Profile for Quarter IV - 2025 received
Some of the challenges and risks in 2025-2026 include: a Low to Moderate rating. Of the 8 (eight) types of risks that
were selfassessed, those that received a Low to Moderate
1. Global macroeconomic and geopolitical uncertainty risk rating include: loan, market, liquidity, legal, strategic,
(Palestine-Israel) where the post-pandemic economic compliance, and reputation risks. The one that received a
conditions have not fully recovered. Moderate rating was credit and operational risk.
2. Cybersecurity threats are expected to continue
increasing, requiring continuous enhancement and
development of cybersecurity capabilities.
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Quarter IV 2025
No Risk Type Risk Management
Inherent Risk
Implementation Quality
Risk Rating Rating
Rating
1 Credit 3-M 2 - Satisfactory 2 - LTM
2 Market 2 - LTM 2 - Satisfactory 2 - LTM
3 Liquidity 2 - LTM 2 - Satisfactory 2 - LTM
4 Operational 3-M 3 - Fair 3-M
5 Legal 2 - LTM 2 - Satisfactory 2 - LTM
6 Strategic 2 – LTM 2 - Satisfactory 2 - LTM
7 Compliance 2 - LTM 2 - Satisfactory 2 - LTM
8 Reputation 2 - LTM 2 - Satisfactory 2 - LTM
Composite Rating 2 - LTM 2 - Satisfactory 2 - LTM
Notes :
Rating Inherent KPMR Rating Inherent KPMR
: Rating 1 Low (L) Strong : Rating 4 Moderate to High (MTH) Marginal
: Rating 2 Low to Moderate (LTM) Satisfactory : Rating 5 High (H) Unsatisfactory
: Rating 3 Moderate (M) Fair
Consolidated Risk Profile
On a composite basis, the results of BRI’s Consolidated Risk Profile assessment for the fourth quarter of 2025 received a Low
to Moderate rating. Among the eight (8) types of risks assessed through self-assessment, the following were rated Low to
Moderate: credit risk, market risk, liquidity risk, legal risk, strategic risk, compliance risk, and reputational risk. Meanwhile,
operational risk was rated Moderate.
Quarter IV 2025
No Risk Type Quality of Risk
Inherent Risk
Management
Risk Rating Rating
Implementation Rating
1 Credit 3-M 2 - Satisfactory 2 - LTM
2 Market 2 - LTM 2 - Satisfactory 2 - LTM
3 Liquidity 2 - LTM 2 - Satisfactory 2 - LTM
4 Operational 3-M 3 - Fair 3-M
5 Legal 2 - LTM 2 - Satisfactory 2 - LTM
6 Strategic 2 – LTM 2 - Satisfactory 2 - LTM
7 Compliance 2 - LTM 2 - Satisfactory 2 - LTM
8 Reputation 2 - LTM 2 - Satisfactory 2 - LTM
Composite Rating 2 - LTM 2 - Satisfactory 2 - LTM
Notes :
Rating Inherent KPMR Rating Inherent KPMR
: Rating 1 Low (L) Strong : Rating 4 Moderate to High (MTH) Marginal
: Rating 2 Low to Moderate (LTM) Satisfactory : Rating 5 High (H) Unsatisfactory
: Rating 3 Moderate (M) Fair
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Integrated Risk Profile
The results of BRI’s Integrated Risk Profile assessment for the second semester of 2025 received a Low to Moderate rating. Of
the ten (10) risks assessed through self-assessment, those rated as Low to Moderate include credit risk, market risk, liquidity
risk, legal risk, strategic risk, compliance risk, reputational risk, intragroup risk, and insurance risk. Meanwhile, operational risk
was rated as Moderate.
Semester II 2025
No Risk Types Quality of Risk
Inherent Risk
Management
Risk Ratings Rating
Implementation Ratings
1 Credit 3-M 2 - Satisfactory 2 - LTM
2 Market 2 - LTM 2 - Satisfactory 2 - LTM
3 Liquidity 2 - LTM 2 - Satisfactory 2 - LTM
4 Operational 3-M 3 - Fair 3-M
5 Law 2 - LTM 2 - Satisfactory 2 - LTM
6 Strategic 2 – LTM 2 - Satisfactory 2 - LTM
7 Compliance 2 - LTM 2 - Satisfactory 2 - LTM
8 Reputation 2 - LTM 2 - Satisfactory 2 - LTM
9 Intragroup-transaction 2 - LTM 2 - Satisfactory 2 - LTM
10 Insurance 2 - LTM 2 - Satisfactory 2 - LTM
Composite Rating 2 - LTM 2 - Satisfactory 2 - LTM
Notes :
Rating Inherent KPMR Rating Inherent KPMR
: Rating 1 Low (L) Strong : Rating 4 Moderate to High (MTH) Marginal
: Rating 2 Low to Moderate (LTM) Satisfactory : Rating 5 High (H) Unsatisfactory
: Rating 3 Moderate (M) Fair
Evaluation of the Effectiveness of the Risk Management System
Since the establishment of the Risk Management Directorate in 2017, periodically testing the effectiveness of the risk management
system through risk management reviews was conducted by a separate unit with the Risk Management Business Unit and
external parties to maintain objectivity and independence of the assessment of the effectiveness of the risk management
system.
In addition, BRI regularly conducts an assessment of its Risk Management maturity level, in which, in 2025, BRI was positioned
at the Managed–Strong Practice level. This indicates that BRI has complied with the applicable regulatory requirements related
to risk management activities and has proactively undertaken continuous improvements in Risk Management.
Risk Management Strategy for 2026
In the short term, credit risk remains a key focus at BRI. Credit growth in the MSME segment continues to pose challenges.
The Consumer Confidence Index (CCI) has declined, indicating a slowdown in public consumption; consequently, BRI has
become more selective in extending loans as the risk of default increases. Weak purchasing power remains a challenge and
adversely affects the economy. Credit quality also remains under pressure amid slowing credit growth, with trends indicating a
deterioration in asset quality.
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Key long-term risks that need to be anticipated include the under the theme “Robust Enterprise Risk Management to
following: Drive Operational Excellence & Resilience and to Support
1. Global geopolitical risk uncertainty is expected to remain BRI Group’s Sustainable Growth.” In line with this aspiration,
elevated over the next two years. This condition may the risk management strategy will focus on improving
trigger financial market volatility and dampen investor credit quality, strengthening data awareness, enhancing
confidence. operational excellence, fostering a risk-aware culture, and
2. Global economic growth is projected to slow, partly implementing new regulations in both the credit risk and
due to the potential significant weakening of China’s market risk areas.
economy in the future. The risk of commodity price
corrections resulting from China’s economic slowdown Statement of the Board of Directors and/
may put pressure on Indonesia’s key commodity exports, or Board of Commissioners or Audit
thereby affecting profits and government revenues. Committee on the Adequacy of the Risk
3. Prolonged external uncertainty may delay investment Management System
and limit employment absorption.
Based on the results of the review and based on discussions
Accordingly, supported by a comprehensive risk with Management, the Risk Management Monitoring
management organizational structure, BRI continues to Committee, the Audit Committee, the Independent Auditor,
enhance the role and effectiveness of its risk management the Internal Auditor, and several Related Divisions, the Board
function by focusing on the prevention and minimization of of Directors and the Board of Commissioners assessed that
potential risks, which serve as components of competitive in 2025 the company’s risk management was adequate in
advantage and strategic enablers for BRI. The Risk identifying risks so that the Company could identify and
Management Division has established a long-term aspiration manage these risks.
Compliance Function
Summary of Compliance Directorate Legal & Compliance
The Compliance Directorate has a Compliance Unit responsible for implementing the Compliance Function within the
Company in accordance with OJK Regulation No. 46/POJK.03/2017 dated 12 July 2017 concerning the Compliance
Function for Commercial Banks, which at a minimum includes:
1. Ensuring the implementation of a Compliance Culture.
2. Managing Compliance Risk.
3. Ensuring that the Company’s policies, regulations, systems, and procedures comply with applicable regulatory
requirements.
4. Ensuring BRI’s compliance with commitments made to regulators.
In line with this, the Compliance Directorate is responsible for ensuring the Company’s compliance with applicable
regulatory requirements, providing legal advisory and handling legal cases, managing and harmonizing the Company’s
Policies and Procedures, as well as implementing Environmental, Social & Governance (ESG) aspects in the Company’s
operational and business activities.
Key Performance Indicators of the Compliance Directorate
In order to support BRI’s aspirations for 2025, the Compliance Directorate established an aspiration to realize Good
Governance as a Catalyst for Sound Business Practices. In line with this aspiration, throughout 2025 the Compliance
Directorate recorded the following achievements:
1. Achievement of the Compliance Risk Profile score at the Low to Moderate level.
2. Achievement of an ESG Rating from MSCI in 2025, with a target rating of A.
3. Achievement of an ESG Rating from S&P Global Corporate Sustainability Assessment (CSA) in 2025, with a score of
74.
4. BRI was included in the S&P Global Sustainability Yearbook Member for four (4) consecutive years since 2022.
5. Identification of Environmentally Sustainable Business Activities Financing (KUBL) amounting to IDR 93.2 trillion,
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representing 7.1% of BRI’s total financing portfolio.
6. Identification of Socially Sustainable Business Activities Financing (KUBS) amounting to IDR 718.7 trillion, representing
53.5% of BRI’s total financing portfolio.
7. BRI has adopted the IFRS S1 and IFRS S2 frameworks in its Sustainability Report, and has also conducted a Social
Impact Assessment.
8. Achievement in the Corporate Governance Perception Index (CGPI) 2024, receiving the “Most Trusted Company”
category with a score of 95.38.
9. Achievement of the Legal Risk Profile score at the Low to Moderate level.
10. Good Corporate Governance (GCG) Self-Assessment rating of Composite Rank 2 (Good).
11. Integrated Governance Self-Assessment rating of Composite Rank 2 (Good).
12. The proportion of final and binding court decisions (inkracht) and amicable settlements compared to total favorable
cases in 2025 reached 90.35%.
13. No audit findings (internal or external auditors) related to inconsistencies among internal regulations within the
Policy & Procedure Hierarchy.
14. Increase in policy inclusion by 13% and policy and procedure literacy by 35%.
15. Initiation of Business Process Management and the mapping of all identified business processes.
16. BRI was awarded Indonesia In-House Counsel Summit & Awards 2025 – Indonesia’s Most Innovative In-House
Counsel Team 2025 (Banking Category).
17. ESG Awards 2025.
18. Asia Sustainability Reporting Awards (ASRA) 2025 – Asia’s Best Sustainability Reporting (CEO Letter) – Platinum.
19. Asia Sustainability Reporting Awards (ASRA) 2025 – Asia’s Best Sustainability Reporting (Public Sector) – Platinum.
20. Asia Sustainability Reporting Awards (ASRA) 2025 – Asia’s Best Sustainability Reporting (Materiality Reporting) –
Gold.
21. Asia Sustainability Reporting Rating (ASRRAT) 2025 – Platinum Rank.
22. KEHATI ESG Awards 2025 – Debt & Project Financing Category – Best Issuer/Borrower.
23. The Asset Triple A Awards for Sustainable Finance 2025 – Best Issuer for Sustainable Finance.
24. The Asset Triple A Awards for Sustainable Finance 2025 – Best Social Loan.
25. BGK Foundation Indonesia ESG Leadership Awards 2025 – Leadership AAA – Indonesia’s Leader in ESG Transparency.
Work Programs of the Compliance Directorate
In addition, to support the achievement of the above KPIs, the Compliance Directorate has established several work
programs as follows:
No Work Programs
1. Standardization of Compliance Processes BRI standardizes processes related to the management of compliance and
governance aspects through ISO 9001:2015 certification for Quality Management Systems and ISO 37301:2021 certification
for Compliance Management Systems within the Compliance Division, as well as ISO 37001:2016 certification for Anti-
Bribery Management Systems covering the scope of Procurement of Goods and Services at BRI Head Office.
2. Enhancing Awareness The Compliance Directorate enhances employees’ awareness regarding the implementation of the
compliance culture, Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) program, legal knowledge, as
well as policies and procedures, among others through:
a. Harmonization, formulation, and/or review of internal regulations, including those related to compliance, governance,
ESG, and legal matters.
b. Updating the knowledge of BRI employees through external experts via workshops, webinars, and other learning forums.
c. Dissemination of communication materials aimed at increasing employees’ awareness and understanding through
digital and physical media.
3. Updating and Enhancing the BRI Governance Structure includes updates and improvements to the General Corporate
Governance Policy and Integrated Governance for the BRI Financial Conglomerate.
4. Conducting assessments of the governance and compliance maturity levels both at the Bank level and on an integrated
basis across the Financial Conglomerate.
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5. Strengthening the Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Counter-Proliferation Financing
(CPF) Program
Amid national, regional, and global dynamics, as well as the increasing complexity of financial products, activities, and
services—including their marketing through multichannel platforms—and the rapid development of information technology,
the risks related to Money Laundering (ML), Terrorism Financing (TF), and Proliferation Financing (PF) faced by the
Company have increased. In response to these conditions and in accordance with the applicable laws and regulations,
the Company has implemented the Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Counter-
Proliferation Financing (CPF) Program adequately. Several improvement initiatives undertaken include:
a. Enhancement of ML/TF risk assessments through the implementation of a Risk-Based Approach (RBA).
b. Refinement of the AML-CFT Program Policy to align with OJK Regulation No. 8 of 2023 concerning the Implementation
of Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and Counter-Proliferation Financing (CPF)
Programs in Financial Services Institutions.
c. Optimization of AML-CFT program implementation at the Regional Offices and Branch Offices through strengthening
the roles of Regional Risk Management & Compliance and Micro & Retail Risk and Compliance functions.
6. Continuous Harmonization of Policies and Procedures through unification, codification, simplification, and other approaches
to address inefficiencies, overlaps, and/or conflicts of interest or authority within the Company’s policies and procedures.
7. Development of Business Process Management, consisting of Business Process Architecture and Business Process
Models, as standards for designing comprehensive business processes and as tools for improving business processes
through assessments of their effectiveness and efficiency.
8. Policy & Procedure Excellence Initiative to ensure that the Company’s policies and procedures are adequate in minimizing
potential risks in the future while enhancing the effectiveness and efficiency of business process.
9. Continuous enhancement of the Policy and Procedure management platform (BRIPEDIA) to promote employees’ literacy
and accessibility to the Company’s policies and procedures.
10. Provision of Legal Services In order to provide legal services, the Compliance Directorate through the Legal Group carries
out the following:
a. Reviewing laws and regulations and/or internal and external conditions that may have legal implications for BRI,
including enhancing strategies for handling legal issues both within and outside judicial institutions as well as other
dispute resolution mechanisms.
b. Handling civil legal cases through courts at all levels and other dispute resolution institutions, as well as providing
assistance in criminal cases processed by law enforcement agencies.
c. Optimizing recovery potential from legal case handling, including through the formulation of asset transfer policies,
settlement of non-performing loans through simple lawsuits, handling PKPU/bankruptcy cases, and safeguarding civil
cases that have the potential to cause significant losses to BRI.
d. Providing legal advisory services, including legal consultations, legal opinions, and legal information, to the Board of
Commissioners, the Board of Directors, employees, and all BRI work units.
e. Providing legal support in the implementation of BRI’s corporate projects.
f. Reengineering the implementation of legal guidance, counseling, and training programs.
g. Reengineering legal guidance, counseling, and training for BRI work units using a risk profile approach and assessment
of the legal needs of each work unit through the DISKRESI concept (Discussion on Legal Aspects of Credit, Operations,
and Current Legal Issues).
h. Managing legal risk, including the implementation of governance for legal case data and reporting.
i. Managing the administration of legal documents related to the Company’s operations and legal library, including the
management of BRI’s operational licenses such as the Articles of Association, Deed of Establishment, Intellectual
Property Rights (IPR), Company Registration Certificate, Certificate of Company Domicile, and other related corporate
documents.
j. Enhancing the productivity of legal human resources through legal capability enrichment, professional certification in
the legal field, and stakeholder engagement, including collaboration with institutions, ministries, and law enforcement
agencies.
k. Developing and disseminating internal legal policies, modules, legal manuals, and legal service guidelines, including
operational guidelines for handling legal issues both inside and outside the courts.
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No Work Programs
11. Implementing the principles of sustainability into BRI’s operational and business activities includes, among other things:
a. Issuing the Sustainability Impact Framework as the foundation for preparing a measurable and transparent Social
Impact Report.
b. Conducting Human Rights assessments for employees and vendors to ensure business practices that respect human
rights principles.
c. Developing an Employee Carbon Tracker within the employees’ internal portal application.
d. Integrating the Indonesian Sustainable Finance Taxonomy (TKBI) into BRI’s sustainable financing framework.
e. Issuing sector-specific policies for the Forestry and Power Generation sectors to strengthen the implementation of
sustainability principles within the financing portfolio.
f. Integrating climate risk into risk management using the Climate Risk Management & Scenario Analysis (CRMS)
methodology issued by the OJK, and conducting Climate Risk Stress Testing (CRST).
g. Committing to the Science Based Targets initiative (SBTi) to establish and achieve the Net Zero Emission target by
2050.
h. Adopting the IFRS S1 and IFRS S2 frameworks in the Sustainability Report to enhance the quality of disclosures.
i. Strengthening environmental and social risk management through the enhanced implementation of the Environmental
and Social Risk Management (ESRM) Framework.
12 Improvement Business Process Simplifying business processes to support business efficiency and development through
system development, including:
a. Integrated AML-CFT Screening (Watchlist Screening on the Account Opening and Transaction Platforms).
b. AI for Transaction Monitoring System through Graph Technology.
c. Bank-wide Risk-Based Approach (RBA) implementation.
d. Customer Risk-Based Approach (RBA) implementation.
e. AML-CFT System (including STR, CTR, and IFTI reporting modules).
f. SIPESAT Reporting Tools.
g. Digitalization of business processes and the Legal Division database to enhance the efficiency and effectiveness of the
Legal Group’s duties and performance through the enhancement of the DELEGASI Application (Integrated Legal Data
and Information).
h. Development of Business Process Management as a standard for designing comprehensive business processes and
as a tool to support continuous business process improvement.
i. BRIPEDIA Mobile Version to facilitate employees’ access to policies and procedures anytime and anywhere, serving as
a catalyst for improving employees’ literacy.
j. Utilization of Artificial Intelligence (AI) to facilitate access to policy and procedure documents.
k. Development of an ESG Dashboard.
BRI was committed to always improving the implementation of compliance functions both at the corporate level and Operational
Business Unit. Guided by the OJK Regulation No.46/POJK.03/2017 dated July 12, 2017 concerning the Compliance Function
of Commercial Banks. BRI had a Compliance Business Unit consisting of the Compliance Director, Compliance Division of the
Head Office as well as the compliance function in the BRI Regional Office which was under the Regional Risk Management &
Compliance Team, the compliance function in BRI units carried out by the BRI Unit Risk Management & Compliance, and the
compliance function of the Overseas Branch Office which was under the coordination of the Compliance Division of the Head
Office. The compliance line was independent and separate from business, operational and other supporting functions in BRI’s
business activities. BRI had policies and standard compliance procedures that described the duties and responsibilities of the
Compliance Working Unit in carrying out the compliance function in accordance with regulatory requirements and the latest
best practices.
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Organizational Structure of Compliance Business Unit
Compliance Group Subsidiary Management
Group Head Group 4)
Compliance Compliance Compliance Department Governance Department Integrated Governance
SORH
Distribution
Function Function Department
Overseas Overseas Department Head Department Head
Channel Channel Department Head
Compliance
Compliance Compliance Product Regulatory Corporate Anti Burberry Integrated Integrated
Culture &
Assessment Advisory & Lisense Assurance Governance Managemant Governance Governance 2
Support
Team Teams Team Team Team Team 1 Team Team
Team
Function:
• Corporate Compliance Assurance, Advisory, • Policy & Structure of GCG • Policy & Structure of Integrated Governance &
Culture & Risk • Implementation & Monitoring of GCG Compliance
• Comprehensive Compliance Risk Assessment & • Implementation & Monitoring Integrated
Oversight Governance & Compliance
Note:
1) Implementasi fungsi Compliance di Regional Office dan Unit Kerja Operasional berkoordinasi dengan Compliance Group
2) Compliance Function di Unit Kerja Luar Negeri yang memiliki garis koordinasi dengan Compliance Group
3) Compliance Function di Unit Kerja Luar Negeri yang memiliki garis supervisi dengan Compliance Group
4) Implementasi fungsi Pengelolaan Konglomerasi Keuangan berkoordinasi dengan Subsidiary Management Group
Duties and Responsibilities of Compliance Director
In accordance with the results of the decision of the Annual General Meeting of Shareholders on March 13, 2023, A. Solichin
Lutfiyanto was appointed as Director overseeing the compliance function at BRI. Subsequently, based on the resolution of the
Extraordinary General Meeting of Shareholders held on 17 December 2025, the position has been assumed by Mahdi Yusuf.
The duties and responsibilities of the Compliance Director of BRI in order to carry out the Compliance Function refer to the OJK
Regulation No. 46/POJK.03/2017 dated July 12, 2017 concerning Implementation of the Compliance Function of Commercial
Banks and Circular Letter of the Board of Directors of BRI Number SE.56-DIR/KEP/10/2022 dated October 31, 2022 concerning
Implementation of the Compliance Function, including:
1. Formulate strategies to encourage the creation of a Compliance Culture.
2. Propose compliance policies or compliance principles to be established by the BRI Board of Directors.
3. Establish compliance systems and procedures used for BRI’s system of internal rules and guidelines.
4. Ensure that all policies, provisions, systems, and procedures, as well as business activities carried out by BRI are in
accordance with the provisions of the Financial Services Authority and the provisions of laws and regulations.
5. Minimize BRI Compliance Risk.
6. Take precautions so that policies and / or decisions taken by the BRI Directors or BRI as an entity do not deviate from the
provisions of the regulator and / or the authorized supervisory authority and the provisions of the applicable laws and
regulations.
7. Report the implementation of duties and responsibilities to the President Director with a copy to the Board of Commissioners
at least quarterly.
8. Perform other duties related to the Compliance Function in accordance with laws and regulations.
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Independence of Compliance Director
The independence of the Compliance Director must meet the independence requirements with reference to OJK Regulation No.
46/ POJK.03/2017 dated July 12, 2017 as follows:
1. No concurrent positions and affiliate relationships.
2. Has no financial, management, share ownership, and/or family relationship with members of the Board of Commissioners,
Board of Directors, and controlling shareholders.
3. The Compliance Director does not supervise functions:
a. Business and operations.
b. Risk management that makes decisions for the Bank’s business activities.
c. Treasury.
d. Finance and Accounting.
e. Logistics and procurement of goods and services.
f. Technology and information.
g. Internal audit.
Compliance Business Unit
The Compliance Working Unit was independent and separate from business, operational and other supporting functions in BRI’s
business activities. Compliance ranks must be free from influence or pressure from other business unit, free from conflicts of
interest, act professionally and objectively.
Profile of the Head of the Compliance Business Unit
Place and Year of Birth/Age
Surakarta, September 20, 1972/53 years as of December 2025
Education Background
- Bachelor of Laws, Diponegoro University (1995)
- Master of Laws (LLM) Melbourne University – Australia (2004)
Certification
- Risk Management Certification Level 1 & Level 2
- Compliance Certification Level 2
- Banking Compliance Level Manager
- Governance Risk Management Compliance Professional (GRCP)
- Qualified Risk Governance Professional (QRGP)
Kris Hananto
Work Experience
Compliance Group Head
- Group Head, BRI Compliance Group (2021 - present)
- Vice President Legal Assessment & Advice, BRI Legal Division (2019 - 2021)
- Group Head Legal Advice, BRI Legal Division (2017 - 2018)
- Head of Documentation & Credit Administration, BRI Credit Administration Division (2013 -
Citizenship 2017)
Indonesian citizen Training programs attended throughout 2025
Domicile - GRC Summit – Resilience to Sustainability - Yogyakarta (2025)
Cibubur, East Jakarta - Fortifying The Effective AML Measurement Capabilities for The Excellent AML Practice –
Jakarta (2025)
- Elevate Talks: Optimalisasi Pemanfaatan Identitas Kependudukan Digital (IKD) di Indonesia
– Jakarta (2025)
- ASEAN Corporate Governance Conference and Awards (ASEAN CGCA) – Kuala Lumpur
(2025)
- Cornell University - Star Track Executive Development – Financial Manajement – Jakarta
(2025)
Legal Basis for Appointment
Decree of the Board of Directors of PT Bank Rakyat Indonesia (Persero) Tbk. No. R.268-DIR/
HCB/05/2021 dated May 7, 2021.
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Duties and Responsibilities of the 10. Developing and evaluating automation tools & advanced
Compliance Business Unit data analytics, analytics control & digital innovation,
as well as comprehensive risk assessment & oversight
The duties and responsibilities of BRI’s Compliance Business related to compliance within the scope of Financial
Unit include: Conglomerate;
1. Formulating, implementing, monitoring, evaluating, and 11. Overseeing risk management and human capital
refining the Group’s strategies and work programs; functions;
2. Formulating, socializing, implementing, evaluating, and
refining strategies, frameworks, and policies/regulations Compliance Workforce Competency
in the compliance area (including, among others: Good Development
Corporate Governance (GCG), the Whistleblowing
System (WBS), Corporate Governance, Integrated BRI supports the enhancement of competencies for
Governance (TKT), and compliance testing); employees in the Compliance Division by increasing their
3. Formulating, socializing, implementing, monitoring, expertise through education and certification. In 2025,
evaluating, and refining compliance programs (including, employees in the Compliance Division participated in various
among others: compliance risk, GCG, WBS, TKT, training and educational programs, including:
Anti-Bribery Management System, gratuity control, 1. Risk Leadership Forum: Architecting Resilient Retail
compliance with the reporting of State Officials’ Asset Banking Playbook
Disclosure Reports (LHKPN), compliance culture, as 2. ASEAN Corporate Governance Conference and Awards
well as assessment of the effectiveness of Anti-Fraud (ASEAN CGCA)
Strategy implementation); 3. Elevate Talks : Optimizing the Utilization of Digital
4. Conducting compliance testing and follow-up actions Population Identity (IKD) in Indonesia
on the results of compliance testing related to decisions, 4. Risk Upgrade Series 2025: Ensure Business Continuity
policy plans, and/or proposed cooperation agreements with Cyber Resilience
of the Board of Directors and/or SEVP, including the 5. Risk Upgrade Series 2025: Crisis Service Standards in
provision of responses regarding compliance aspects in Supporting Business Continuity Management
the credit initiation process; 6. Risk Upgrade Series 2025: Understanding Operational
5. Fulfilling BRI’s commitments to the Regulator (including Risk News
mandatory Bank reporting and the implementation of 7. Risk Upgrade Series 2025: Ensure Business Continuity
the compliance function to be reported to the President with Healthy, Safe and Eco Friendly Workplace
Director and OJK), External Audit, and the relevant 8. GRC Professional
Supervisory Authorities; 9. Refresher Program for Risk Management Certification
6. Preparing summaries and impact analyses, implementing, Level 4 (UK007.2 and UK010.2)
and monitoring the application of policies/regulations 10. Fortifying The Effective AML Measurement Capabilities
issued by the Regulator that relate to BRI’s business for The Excellent AML Practice
and operational activities, reporting on compliance 11. Onboarding Program for the Risk Management Function
with prudential regulations, and preparing Compliance at Head Office Group
Checklists for the completeness of nomination 12. Effective Communication Training for the Crisis
documents for members of the Board of Directors, Board Management Team (CMT)
of Commissioners, and Controlling Shareholders; 13. In-House Training (IHT) – AML Group: Identification of
7. Implementing the functions of the BRI Gratification Digital Financial Services Misuse Typologies in Mitigating
Control Unit (UPG); ML/TF/PPSPM Risks
8. Formulating, implementing, monitoring, evaluating, and 14. Analysis and Implications of Asset Recovery from
refining strategies for the implementation of compliance Corruption Cases and Its Impact on the National Economy
and Integrated Governance within the Financial 15. Association of Certified Fraud Examiners (ACFE)
Conglomeration; Seminar; Deal or Deception? Detecting Fraud Before the
9. Preparing analyses, reports, and data provision related to Merger Closes
compliance and Integrated Governance, the submission 16. ISO 37002:2021 Whistleblowing System
of customer data information, as well as the reporting of 17. Training of Trainers (ToT): Business Process Model
New Bank Products, including realization reports, to the Mapping (Basic Awareness)
regulator and relevant external parties; 18. GRC Summit; Resilience to Sustainability - Leading
Through GRC in The Post-Digital Era
19. Uji Kompetensi Skema Kepatuhan Jenjang 6
20. Pembekalan dan Refreshment Sertifikasi MR Jenjang
Kompetensi 4
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21. IT Maturity Assessment - COBIT 2019 compliance culture, conflicts of interest, and related
22. New BRILiaN Way Internalization matters.
23. BSDP 1 Treasury Dealer - Risk Management in 2025 2. Aligning governance and compliance policies with the
24. Certification Briefing and Refresher Program for Risk latest regulations in the banking industry.
Management Level 5 3. Effectively implementing the Anti-Bribery Management
25. Risk Upgrade Series 2025: The Impact of Climate System (SMAP) across all organizational levels to prevent
Change on Business Continuity Management gratuity practices and foster organizational integrity
26. Risk Upgrade Series 2025: BRI Care 2025 - Sustainable through gratuity control programs, integrity assessment
Corporate Responsibility Planning surveys, and related initiatives.
27. Training on Personal Data Protection Retention and 4. Enhancing the Bank’s competitiveness and creating
Incident Management long-term value for all stakeholders through maturity
28. Enhance Understanding On Third Party Risk Management assessments involving independent parties, as well as
29. Digital Maturity Assessment for Bank in 2025 recognition from external institutions.
30. In House Training IHT Compliance Group in 5. Managing compliance risk based on the prudential
Commemoration of International Anti Corruption Day principle in order to ensure the Company’s adherence to
HAKORDIA Gratification Control Program with the theme applicable regulations.
“Gratifikasi Bukan Rezeki, Kerja Pasti Tanpa Tapi”
31. BSDP 1 Application SAP-FAM Modul OA (Outline Implementation of the Compliance
Agreement) Phase 2 Function Work Program In 2025
32. POP-CORN Premiere 2025: Digital Vault: Simplifying
Cash Deposits to Drive CASA Growth 1. Standardization of Compliance Processes
33. POP-CORN Premiere 2025: Transforming BRI As part of BRI’s commitment to comply with prevailing
Whistleblowing System: A New Era of Trust through laws and regulations, BRI has obtained several ISO-based
Reporting Independence certifications to ensure that the quality of implementation
34. Public Course Workshop on the Governance of Insurance remains aligned with stakeholders’ expectations. The
Reinsurance and Insurance Brokerage Companies certifications include:
Collaborating with the Bank - ISO 37301:2021 Certification on Compliance
35. Competency Assessment for Compliance Scheme Level Management System
5 Since 2022, the Compliance Unit has obtained
36. Special Request Procurement of Goods and or Services ISO 37301:2021 certification, successfully passed
at BRI the certification process, and has maintained the
37. POP-CORN Premiere 2025: Winning Customers Trust certification to date.
through Service Excellence - ISO 37001:2016 Certification on Anti-Bribery
38. Risk Upgrade Series 2025: Developing and Assessing Management System
Business Continuity Plan to Assure BRI Business BRI has successfully maintained its qualification in
Continuity the implementation of the Anti-Bribery Management
39. Special Request Training on e-Procurement Application System through surveillance audits conducted by an
40. Enhance Understanding on Risk Assessment of external party.
Applications - ISO 9001:2015 Certification on Quality Management
41. Risk Upgrade Series 2025: Comprehensive System
Understanding of the Whistleblowing System To enhance process quality within the Compliance
42. Risk Upgrade Series 2025: Gratification Is Not a Blessing Unit, since 2022 the Compliance Unit has undergone
ISO 9001:2015 Quality Management System
surveillance audits and has successfully maintained
2025 Compliance Division Work Plan its ISO 9001:2015 certification.
To support the enhancement of compliance culture, the 2. Compliance with Laws and Regulations
Compliance Division outlines its objectives for achievement - External Policy Impact Analysis
in the work plan, which includes the following key areas: This constitutes a series of activities carried out by
1. Strengthening the compliance culture by enhancing the Compliance Unit to assess the impact of newly
employees’ understanding and awareness of compliance issued laws and regulations on BRI’s operations.
aspects, including, among others, the code of ethics, Throughout 2025, the Compliance Group conducted
872 PT Bank Rakyat Indonesia (Persero) Tbk.
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impact analyses on 55 regulations applicable within total of 789 compliance aspect opinions were issued,
the industry. with the following details:
- Testing of the Prudential Principle a. Compliance aspect opinions on proposed
In order to prevent deviations from prudential policies, proposed decision-making, and other
provisions in the Company’s business and activities requested by BRI work units amounted
operational activities, the Director overseeing the to 711 opinions.
compliance function at BRI conducted the Prudential b. Compliance aspect opinions related to the BRI
Principle Testing process on Policy Plans, Decisions, Financial Conglomerate amounted to 78 opinions.
and Agreements with third parties established - Reporting of New Products and/or Activities (PAB)
by the Board of Directors. During 2025, a total of Based on Financial Services Authority Regulation No.
344 prudential principle testing documents were 13/POJK.03/2021 concerning the Implementation
processed, with details as follows: of Commercial Bank Products and Bank Indonesia
Regulation No. 23/6/PBI/2021 concerning Payment
Service Providers, Banks are required to obtain
Testing of credit decisions under the
authority of the Board of Directors 206 approval for new bank products and/or activities
prior to marketing them to customers. The reporting
Policy Plans 108 of proposed new bank products and/or activities to
the regulators (i.e., the Financial Services Authority
Corporate Action 2 and Bank Indonesia) in order to obtain regulatory
approval is coordinated through the Compliance
Cooperation Agreements 28 Group. Throughout 2025, a total of 12 new bank
products and/or activities obtained approval from the
Regulators.
- Compliance Aspect Opinions
The Compliance Group provides compliance aspect 2. BRI Compliance Maturity
opinions to the relevant work units regarding In order to measure the maturity level in the
proposed policies/resolutions of the Board of implementation of the compliance function and to ensure
Directors, proposed changes to operational the establishment of a Compliance Culture across all
mechanisms, proposed issuance of new products organizational levels and business activities, BRI has
and/or activities, as well as other matters requiring conducted a BRI Compliance Maturity Assessment
opinions from the Compliance Unit. During 2025, a (Bankwide), resulting in a score of 4.32 on a 5-point
scale, an increase compared to the previous year’s score
of 4.13. The detailed maturity scores are as followst:
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BRI Compliance Maturity Assessment Results
Tone at The Top
4.40 4.80
Enforcement & Disipline Supervisory Responsibility
4.33 4.42 4.48 4.56
4.56 4.75 4.44 4.56
2023 = 4.13
Auditing Educational and Training
2024 = 4.32
3.82 3.82 3.83 4.31
Monitoring Policies and Procedures
3.64 4.00 4.00 4.10
Risk Assessment Lines of Communication
3.79 3.86
2023 2024
Response and Prevention
Maturity Rating Rank 1 Rank 2 Rank 3 Rank 4 Rank 5
Description Initial Repeatable Defined Managed Optimized
Response Enforcement
Bulding Tone at Monitoring Training and Policy and Lines of Risk
and Monitoring Auditing and
Block the Top Responsibility Education procedure Communication Assessment
Prevention Discipline
2023 4.40 4.48 4.44 3.83 4.00 3.79 3.64 3.82 4.56 4.33
2024 4.80 4.56 4.56 4.31 4.10 3.86 4.00 3.82 4.75 4.42
Compliance Maturity
Rank 1 Rank 2 Rank 3 Rank 4 Rank 5
Rating
Description Forming Developing Standardized Established Optimized
874 PT Bank Rakyat Indonesia (Persero) Tbk.
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Evaluation of the Effectiveness of the Compliance Function
Assessment of the adequacy of the implementation of the Compliance Function in BRI was carried out by the Board of Directors
periodically through the Compliance Function Report which was also submitted semi-annually to the Financial Services Authority.
The summary of implementation contained in the Compliance Function Report contained comprehensive information, including
Strengthening Compliance Culture, Compliance Risk Management, Prevention of Deviations from Prudential Provisions on
Internal Policies, Monitoring the Implementation of Prudential Provisions on External Policies, Monitoring External Regulations /
Provisions, Monitoring the Bank’s Compliance with External Commitments, and others.
Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT)
and Preventing Funding for Proliferation of Weapons of Mass Destruction (WMD
Proliferation) Programs
2025 marks a crucial milestone for BRI’s transformation through the BRIvolution Reignite strategy, which focuses on the vision
of a “Leading Funding Bank” and “Sustainable and Profitable Lending.” This strategy integrates aggressive business growth
with strengthening the foundation of trust through the Anti-Money Laundering (AML), Countering the Financing of Terrorism
(CFT), and the Proliferation Financing of Weapons of Mass Destruction (PFWMD) programs, which are positioned not merely as
regulatory compliance obligations but as key strategic elements in maintaining future business sustainability.
BRI places financial system integrity as a fundamental standard underlying all strategic and operational policies of the company.
Along with the acceleration of transformation and the expansion of service reach, BRI dynamically responds to the increasingly
complex risks of ML, TF, and WMD proliferation by strengthening the governance of the implementation of proactive, technology-
based AML, CFT, and PWFMD programs. By synergizing business innovation and adaptive risk management systems, BRI is
committed to creating an accountable and integrity-based banking ecosystem, while strengthening its defense against ML, TF,
and WMD Proliferation threats to ensure public trust and inclusive economic sustainability.
As a systemic financial institution, BRI is fully committed to supporting the stability of the national financial system and complying
with international standards set by the Financial Action Task Force (FATF). BRI’s entire AML, CFT, and PWWMD governance
framework is based on the latest regulations, specifically OJK Regulation No. 8 of 2023 and the Law on the Prevention and
Eradication of Money Laundering (ML) and Terrorism Financing (TF).
This program is implemented through a holistic and sustainable strategy, prioritizing five key pillars of the AML, CFT, and
PFWMD program: active supervision by the Board of Directors and Board of Commissioners, adequacy of policies and
procedures, effective internal control, reliable management information systems, and enhanced human resource competency.
By strengthening these five pillars, BRI ensures that every level of the organization is prepared to face the complexities of ML,
TF, and WMD proliferation risks in the future.
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Leadership and Governance Structure of AML, CFT and PFWMD
Organizational Structure of the Special Business Unit for AML, CFT & PFWMD
PRESIDENT DIRECTOR
Board of
Management
DIREKTUR LEGAL &
COMPLIANCE
Person in Charge of APU, PPT
& PPPSPM Head Office
AML, CPF & CPF Group
Strategy, Policy & Implementation,
Analysis & Reporting Assurance Team Regional Operational Person in Charge of APU,
Evaluation Dept. Risk & Compliance
Dept. PPT & PPPSPM UKO
(RORC)
Duties & Responsibilities: Compliance
Managing the Officer UKLN
Implementation, Monitoring,
and Evaluation Functions
Micro & Retail Risk & of APU, PPT, and PPPSPM
Compliance (MRR) Programs in Operational Work
Units
The AML, CFT, and PFWMD functions at BRI are carried out independently by the AML, CFT, and CPF Group at the Head Office.
As an independent work unit, this Group reports directly to the Director of Legal & Compliance, who oversees the Compliance
function. This ensures objectivity and effective oversight across all business and operational lines. The strategic responsibilities
of this Business Unit include:
1. Development of Risk-Based Policy
Formulating and updating ML, TF, and WMD proliferation risk assessments periodically as a basis for establishing adaptive
policies to the dynamics of ML, TF & WMD proliferation risk threats.
2. System Transformation of Management Information
Managing and developing a reliable supporting information system to ensure the implementation of the AML, CFT & PFWMD
Program runs effectively and efficiently.
3. Regulatory Reporting
Conducting in-depth analysis and ensure the timeliness and quality of AML, CFT & PFWMD reporting to regulators as a form
of transparency and compliance with applicable regulations.
4. Supervision of Financial Conglomerate
Carrying out the supervisory function of the implementation of the AML, CFT & PFMWD Program in a comprehensive and
integrated manner within the BRI Financial Conglomerate ecosystem.
BRI also strengthens AML, CFT & PFWMD at the Operational Business Unit level by establishing functions responsible for
overseeing the implementation of AML, CFT & PFWMD programs, namely Regional Operation Risk & Compliance (RORC)
at Regional Offices and Micro & Retail Risk & Compliance (MRR) at Operational Business Units (UKO). All RORCs and MRRs
consistently coordinate with the AML, CFT & CPF Group at Head Office.
876 PT Bank Rakyat Indonesia (Persero) Tbk.
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Profil Head of AML, CFT & CPF
Age
51 years as of December 2025
Riwayat Pendidikan
- Bachelor of Economics, University of Indonesia
- Master of Management, Padjadjaran University
- Post Graduated Degree Applied Finance Macquarie University, Australia
Certification
- Risk Management Certification Level 5
- General Banking Certification
Work Experience
Roby Firmansjah Sastraatmadja - Head of AML, CFT & CPF (August 2025 - present)
Group Head of AML, CTF & CPF - General Manager Overseas Branch Office Timor-Leste (2023 - July 2025)
- AVP Transactional Banking Division (2021-2023)
- Dept Head International & Treasury (2019-2021)
- Chief Representative KCLN Hongkong (2012-2019)
Citizenship Legal Basis for Appointment
Indonesian Citizen SK Group Head AML, CFT & CPF base on Letter No. R.2739-DIR/HBS/08/2025
Domicile
Jakarta
Governance Structure This Governance Structure ensures that reporting and
accountability flows are effective, where the AML, CFT & CPF
In order to realize accountable governance, BRI implements Group has a direct reporting line to the Director in charge of
Three Lines of Defense which are integrated in the the Compliance function (Director of Legal & Compliance),
implementation of the AML, CFT & PFWMD programs, to guaranteeing independence from business & operational
ensure a clear separation of duties between functions with targets.
the following details:
1. First Line Implementation of the AML, CFT & PFWDM
Within the Three Lines of Defense framework, the First Program in 2025
Line is run by all BRI Operational Business Units as the
front liners who interact directly with customers and As a form of real commitment to the integrity of the financial
carry out daily business activities. system, BRI implemented various efforts to strengthen the
2. Second Line implementation of the AML, CFT & PFWMD program throughout
The Second Line of Defense is implemented by the 2025, both through the implementation of the Five Pillars of
AML, CFT & PFWMD Group, along with the AML, CFT AML, CFT & PFWMD and the following strategic initiatives:
& PFWMD officers in the Operational Business Unit, 1. Active Supervision of the Board of Directors and Board
who serve as compliance oversight. This function of Commissioners
is responsible for independent monitoring to ensure The effectiveness of the AML, CFT & PFWMD
that the First Line of Defense implements procedures program implementation is inseparable from the active
effectively and efficiently. involvement of the Board of Directors and the Board
3. Third Line of Commissioners as the primary drivers in overseeing
This function is primarily carried out by the Internal compliance with applicable regulations. This leadership
Audit Unit (SKAI) through periodic audits. Furthermore, role is reflected in Board of Commissioners and the Board
the validity of program implementation is also tested of Directors meetings, which consistently discuss the
through external audits. This synergy aims to ensure integrated implementation of the AML, CFT & PFWMD
that all risk control mechanisms are operating effectively, programs, as well as the preparation and monitoring of
accountably, and in line with applicable policies and follow-up actions on issues of concern to the Regulator.
procedures. These discussions have been carried out in Board of
Commissioners and the Board of Directors Meetings
(Radirkom), Board of Directors Meetings (Radisi), the
Integrated Governance Committee (KTKT), and the Risk
Management Monitoring Committee (KPMR).
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As a concrete manifestation of BRI’s commitment to As a concrete manifestation of BRI’s commitment
maintaining financial integrity, in 2025 the Special to implementing the AML, CFT & PFWMD Program
Business Unit (UKK) for AML, CFT & PFWMD was according to International Best Practice, BRI implemented
strengthened by increasing the organizational scale to a screening procedure for every transaction and account
an AML, CFT & CPF Group that reports directly to the opening or acceptance of business relationships against
Director in charge of the Compliance function. This the watchlist issued by the competent authorities or
structure ensures the independence and authority of the watchlists used according to international best practice
UKK in overseeing the effective implementation of AML, in this case collaborating with third parties to enrich
CFT & PFWMD programs throughout the organization, in the watchlist database, the list of Politically Exposed
order to optimize protection against ML, TF, and WMD Persons (PEP) including PEP Families, negative news
proliferation risks effectively and efficiently. and internal data from monitoring customer activities and
2. Adequacy of Policies and Procedures transactions. In addition, BRI also re-screens all existing
BRI has updated the AML, CFT & PFWMD Policy in customers periodically and when there is an update to
accordance with applicable laws and regulations and the watchlist.
International Best Practice, as stipulated in the Circular
Letter (SE) of the BRI Board of Directors No. SE.04- In addition, BRI analyzed and updated its ML, TF &
DIR/KEP/05/2025 dated May 28, 2025 which includes WMD proliferation risk assessments by referring to the
provisions regarding: latest national risk assessments (NRA) and sectoral risk
• Identification and verification of prospective assessments (SRA), and submitted the results of the risk
customers, current customers, Walk-in Customers assessments to the OJK in June 2025.
(WICs), and Beneficial Owners (BO). 3. Internal Control & Audit Follow-up
• Transaction rejection and business relationship closure BRI implemented an independent internal control system
• Ongoing management of ML, TF, and/or WMD related to the implementation of the AML, CFT & PFWMD
proliferation risks program both at the Head Office and Operational
• Data maintenance and administration of documents Business Unit levels, including Overseas Business Units
and data related to the Customer Due Diligence in 2025 through the Internal Audit Business Unit with the
(CDD) process. following audit scope:
• Updating and monitoring of customers and
transactions.
• Reporting related to AML, CFT & PFWMD.
• Reporting to senior officials, the Board of Directors, and
the Board of Commissioners on the implementation of
AML, CFT & PFWMD policies and procedures.
• Cross Border Correspondent Banking.
• Fund Transfers.
Intenal Party Level Date
Head Office Audit (HOA) Timor Leste Overseas Unit January 20, – March 14, 2025
Head Office Audit (HOA) with RSM BRINYA Overseas Unit May 21 – June 24, 2025.
Head Office Audit (HOA) Head Office May 2 – June 26, 2025
Head Office Audit (HOA) Taipei Overseas Unit November 3 – December 10, 2025
Head Office Audit (HOA) Singapore Overseas Unit November 10 – November 22, 2025
In addition, BRI was routinely audited by the Regulator and External Auditor in 2025 regarding the implementation of the AML,
CFT & PFWMD programs with the following scope:
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Pihak Eksternal Level Waktu Pelaksanaan
Otoritas Jasa Keuangan (OJK) Head Office April 16 – December 18, 2025
Operational Unit
Timor Leste Overseas April 21 – April 29, 2025
Business Unit
Banco Central de Timor-Leste (BCTL) Timor Leste Overseas Unit April 24 – April 30, 2025
Ernst & Young Head Office The inspection process is still ongoing.
4. Management Information System c. Implementation of Real Time Watchlist Screening
To support the implementation of the AML, CFT & System with Single Source of Truth on account
PFWMD programs and the presentation of information opening and customer transaction platforms.
to Management to support decision-making, BRI has d. Implementation of Real Time AML Transaction
systems and/or applications in the AML, CFT & PFWMD Monitoring System as a quick step to mitigate the
program implementation ecosystem, including the risks of ML, TF & WMD proliferation.
following: e. Provision of ad-hoc reports related to the
a. Identification and verification tools on the account implementation of AML, CFT & PFWMD programs
opening and customer transaction platforms also that support government programs, regulators and
include a screening process against watchlists related authorities, including:
issued by authorized authorities and watchlists used i. Monitoring report of dormant account.
according to international best practices, in this case ii. Transaction monitoring report for the
sourced from DowJones, the Politically Exposed Government’s Free Nutritious Meals (MBG)
Person (PEP) list including PEP families, negative program.
news and internal data from monitoring customer 5. Human Capital
activities and transactions. In 2025, BRI implemented competency development for
b. Monitoring and analysis system for customer officials and employees related to the implementation
transactions supported by Graph Database of AML, CFT & PFWMD both in online forms such as
technology for reporting Suspicious Financial Webinars, E-Learning, AML Infographic Series and
Transaction Reports (LTKM), Cash Financial offline such as In-Class Training in the Brilian Specialist
Transaction Reports (LTKT), Foreign Financial Development Program (BSDP), as well as In House
Transaction Reports (LTKL), new CIF Reports on Training (IHT) by inviting Experts from PPATK, Regulatory
the Integrated Service User Information System & Supervisory Institutions, and Law Enforcement
(SIPESAT) as well as data fulfillment reports to Officials.
Regulators, APGAKUM and other Authorities.
c. Customer Risk Rating & Bank Wide Risk Rating Initiative for Implementing the AML, CFT &
Measurement System related to ML, TF & PFWMD PFWMD Program in 2026
proliferation with a risk-based approach).
d. A system that periodically re-screens all existing In 2026, BRI is committed to continuing to develop capabilities
customers and when there is a watchlist update. and improve the implementation of the AML, CFT & PFWMD
As a form of BRI’s commitment to safeguarding financial Program through the following initiatives:
integrity in Indonesia, there are initiatives that have been 1. Improving the customer transaction monitoring system
carried out in providing systems and/or applications to by utilizing Machine Learning/Artificial Intelligence (ML/
support the implementation of the AML, CFT & PFWMD AI) in certain typologies and strengthening AML Realtime
programs, including: Detection in order to increase the accuracy and speed of
a. Development of a system that provides information detection as well as the quality of report analysis.
on account mutations and customer transaction 2. Aligning BRI’s customer transaction monitoring system
counterparties in order to accelerate and improve capabilities in accordance with best practices through
the quality of reports to Regulators, APGAKUM and the Single AML Solution implementation process.
related Authorities.
b. Bank Wide Risk Rating Measurement System utilizing
dynamic modeling data with a risk-based approach.
PT Bank Rakyat Indonesia (Persero) Tbk. 879
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Corporate
Governance
3. Strengthening assurance on the implementation of AML, 4. Improving customer data quality through package
CFT & PFWMD programs through the following work business capability customer lifecycle management and
programs: enhancement of customer portfolio report.
a. Measurement of the maturity of the implementation 5. Improving BRI’s AML, CFT & PFWMD provisions,
of the AML, CFT & PFWMD programs of the BRI including the Overseas Business Unit, in line with the
Financial Conglomerate by an independent party. latest international best practices.
b. Implementation of ISO 9001:2015 (Quality 6. Strengthening the supervisory function and responsibility
Management System) & ISO 37301:2021 (Compliance for the implementation of AML, CFT & PFWMD programs
Management System). in independent Operational Business Units.
Lawsuit
The legal cases faced by BRI in 2025 are as follows.
Number of Cases
Legal Issues
Civil Criminal
Has received a decision that has permanent legal force 350 3
In the process of settlement 639 184
Total 989 187
2025
Regarding QI Q II Q III Q IV TOTAL
Credit (Auction Postponement) 32 73 170 259 534
Non-Auction Credit 3 9 22 38 72
Ops & Services 6 5 9 7 27
Support 1 0 2 3 6
Treasury, Trade Finance & IT 0 0 0 0 0
GRAND TOTAL 639
Inkracht Wins 2025
Regarding QI Q II Q III Q IV TOTAL
Credit (Auction Postponement) 70 89 88 35 282
Non-Auction Credit 7 12 7 11 37
Ops & Services 6 4 4 1 15
Support 1 0 1 1 3
Treasury, Trade Finance & IT 0 0 0 0 0
GRAND TOTAL 337
880 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 881
Annual Report
2025
1. Inkracht Case Wins
Inkracht Cases won in 2025 as many as 337 Cases, consisting of
- Credit Matters (Postponement of Collateral Auction) : 282 cases
- Non-Auction Credit Matters : 37 cases
- Operational & Service Matters : 15 cases
- Support Matters (HR, Logistics, etc.) : 3 cases
- Treasury, Trade Finance, & IT Matters : 0 cases
Inkracht Wins 2025
Inkracht Wins QI Q II Q III Q IV TOTAL
Credit (Auction Postponement) 0 0 1 1 2
Non-Auction Credit 2 4 1 1 8
Ops & Services 2 1 0 0 3
Support 0 0 0 0 0
Treasury, Trade Finance & IT 0 0 0 0 0
GRAND TOTAL 13
2. Inkracht Case Lost
Inkracht Cases Lost in 2025 as many as 13 Cases, consisting of:
- Credit Matters (Postponement of Collateral Auction) : 2 cases
- Non-Auction Credit Matters : 8 cases
- Operational & Service Matters : 3 cases
- Support Matters (HR, Logistics, etc.) : 0 cases
- Treasury, Trade Finance, & IT Matters : 0 cases
Legal Cases Faced by the Company
Table of Legal Cases Faced by the Company
Its impact
Risk and
Completion on the
Main Points of the Case / Lawsuit Nominal Sanctions
Status Company’s
Lawsuit
condition
PT Linkadata Citra Mandiri (In Bankruptcy) Bankruptcy - - The nature
BRI registered the Bill with the Curator Team amounted to Revoked of BRI’s claim
IDR226,544,883,180,- is separatist;
1. With details of the Bankruptcy Process as follows : collateral is
- April 04, 2024 PT Linkadata Citra Mandiri declared bankrupt; available..
- May 06, 2024 - First Creditors Meeting;
- May 17, 2024 Bill Submission Deadline;
- May 22, 2024 - Bill Verification
- May 27, 2024 - Creditors Meeting agenda: Bill Verification
- April 24, 2025 - Continued Creditor Meeting agenda for the
Revocation of PT LCM’s Bankruptcy
- September 3 2025 - Deliberative Meeting of the Panel of Judges
(Decision on Revocation of Bankruptcy of PT LCM)
PT Bank Rakyat Indonesia (Persero) Tbk. 881
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Corporate
Governance
Legal Cases Faced by the Incumbent Board of Commissioners and Directors
During 2025, there were no legal issues faced by the incumbent Board of Commissioners and Directors.
Legal Cases Faced by Subsidiaries
Its Impact
Subsidiary Main Points of the Completion Risk of Sanctions
Nominal Claim on Company
Name Case/ Lawsuit Status Lawsuit Imposed
Conditions
PT Pegadaian Dispute in the field of Trial process Potential IDR6,287,976,252,- - Potentially
sharia economics in in the Religious compensation facing legal and
the form of a lawsuit Court. reputational
for breach of contract risks to the
against PT Pegadaian company
at the Pamekasan
Religious Court with case
registration number:
1712/Pdt.G/2025/PA.Pm
PT Bank Raya The PKPU Decision In the process - - - Impact on
Indonesia Tbk. of PT. Inhil Sarimas of homologation recovery, thus
Kelapa, a debtor of cancellation impacting the
Bank Raya, was filed in company’s
the Commercial Court profit and loss
at the Medan District performance
Court under Case No.
6/Pt.Sus-Pembatalan
Perdamaian/2025/
PN.Niaga.Mdn.
PT Bank Raya Indonesia
TBK, submitted a
bill amounting to
IDR402,024,468,182.22.-
PT Nil
Permodalan
Nasional
Madani
PT BRI Nil
Manajemen
Investasi
PT BRI Ventura Nil
Investama
BRI Global Nil
Financial
Services
882 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 883
Annual Report
2025
Its Impact
Subsidiary Main Points of the Completion Risk of Sanctions
Nominal Claim on Company
Name Case/ Lawsuit Status Lawsuit Imposed
Conditions
PT Asuransi Civil Case for Breach District Court Potential Materil Lawsuit: - Potentially
BRI Life of Contract with Case Decision: There compensation IDR18,542,081,813,- facing legal and
Number 124/Pdt.G/2025/ is no obligation reputational
PN.Jkt.Sel at the South to pay for BRI Immaterial Lawsuit: risks to the
Jakarta District Court LIFE. IDR20,000,000,000,- company
The plaintiff, PT XSYS
Solusi Cemerlang, filed High Court:
a lawsuit through the Confirms
South Jakarta District District Court’s
Court regarding a claim decision
for the procurement and
ordering of Samsung
mobile phones and
tablets in the name
of PT Asuransi BRI
Life (Defendant III).
According to the
plaintiff (PT XSYS
Solusi Cemerlang), this
resulted in a payment
obligation to PT Asuransi
BRI Life. However, PT
Asuransi BRI Life denied
this because the order
was made without the
company’s authority and
knowledge, and was
based on documents
illegally prepared
by Defendant I and
Defendant II.
PT BRI Nil
Asuransi
Indonesia
PT BRI Pihak Pertama : Dispute The civil legal Lawsuit Value: - No impact
Danareksa PT BRIDS Resolution issue has - Materil : on BRIDS
Sekuritas Pihak Kedua : PT Evio Forum: Central permanent legal IDR10,000,000,000 operations.
Securities (“Evio”) District Court force (finished) The settlement
Pokok Perkara : of Jakarta First at the appeal - Immaterial Lawsui : of this dispute
Wanprestasi Evio Level Decision level at the DKI IDR10,000,000,000 is part of the
terhadap Perjanjian Dana : Unacceptable Jakarta High process of
Talangan Lawsuit (N.O) Court on the recovery of
Appeal Level basis that there problematic
Decision : are no further receivables.
Affirming legal remedies
District Court from the parties
Decision
PT BRI PT Polowijo Gosari filed BRI Finance Potential IDR21,540,664,071,06,- - Potentially
Multifinance a counterclaim/denial wins, with compensation facing legal and
Indonesia against BRI Finance in permanent legal reputational
Case Number 28/PDT. force (inkracht) risks to the
BTH/2024/PN.Gsk, company
which was ruled
inadmissible by the
Gresik District Court,
and was strengthened
by the East Java High
Court Decision Number
857/PDT/2024/PT
SBY and the Cassation
Decision of the Supreme
Court of the Republic of
Indonesia Number 4139
K/Pdt/2025, which have
permanent legal force
(inkracht).
PT Bank Rakyat Indonesia (Persero) Tbk. 883
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Governance
Administrative Sanctions Imposed on Commissioners in the implementation of corporate governance
the Company, Members of the Board in accordance with regulations in the Capital Market sector.
of Commissioners and Directors by
the Capital Market Authority and Contact Investor Relations
Other Authorities
Siaga Ridha Hutama
During 2025, there were no material administrative sanctions Acting Division Head of Investor Relation
by the Regulator that may affect the Bank’s business Gedung BRI II lantai 7
continuity and there were no administrative sanctions Jl. Jendral Sudirman No-44-46 Jakarta Pusat 10210
imposed on members of the Board of Commissioners or Telp.: +62 21 575 2019
Board of Directors. Fax: +62 21 575 2010
Email: ir@bri.co.id
Access to Company Information and Website: www.ir-bri.com
Data
Duties and Responsibilities of Investor
BRI transparently provides the latest financial report Relations
information and company information that can be accessed
by the public, including shareholders, through various print In order to fulfill its responsibilities and regulations and
media and electronic media including the Company’s website, improve effective communication, BRI’s Investor Relations
Social Media, Indonesia Stock Exchange, and BUMN portal. Division conducted various activities, namely:
1. Analyst Meeting
Corporate Secretary It was an activity that was carried out regularly every
Dhanny quarter in order to present BRI’s performance to analysts
Phone: (+62 21) 575 1966 securities companies which aimed to enable analysts /
Facsimile: (+62 21) 570 0916 securities companies to present reports with the latest
Email: humas@bri.co.id data to investors.
2. Analyst Gathering
Company Address It was a meeting activity with analysts and investors to
BRI Bank Head Office present current issues or special materials with certain
Jl. Jendral Sudirman Kav. 44-46 Jakarta 1210, Indonesia themes, with the aim of providing updates related to
Telp: (+62 21) 251 0244, 251 0254 current issues and the latest company information.
Fax: (+62 21) 250 0065, 250 0077 3. Company Visit - Field Visit
Receive visits from investors/analysts who want to
Company Website update the latest performance and want to know and
www.bri.co.id see firsthand the company’s operations both at the head
Contact BRI office and in the operational business unit.
1500017 4. Conference Call
Email: callbri@bri.co.id Conduct teleconference activities to accommodate the
Social Media needs of investors/analysts in obtaining information
Facebook: BANK BRI about the company as well as economic conditions
Instagram: @bankbri_id that influence the company’s business and operational
X: @kontakBRI, @promo_BRI, @bankbri_id activities.
Youtube: BANK BRI 5. Investor Newsletter
Chatbot: Sabrina via WhatsApp : 0812 1214 017 Update the latest information through the publication of
newsletters on BRI’s Investor Relations website.
Investor Relations 6. Investor Conference and Non-deal Roadshow
Conduct communication activities through 1-on-1
Investor Relations Division BRI had a special role to assist meetings and group meetings with investors both at
the Board of Directors and the Board of Commissioners in home and abroad, especially in the world’s financial
the implementation of corporate communication activities to center cities in Asia, Europe and America.
Investors. In addition, BRI’s Investor Relations Division played 7. Rating Review
a role in assisting the Board of Directors and the Board of Conduct communication activities and submission of
BRI data in the framework of ratings conducted by rating
agencies used by BRI, both international rating agencies
(Moody’s, Fitch Rating, S&P) and domestic rating
agencies (Pefindo).
884 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
8. Management of the Investor Relations Website (www.ir-bri. com)
Managing information on the Investor Relations website to ensure that shareholders, bondholders, analysts, rating analysts,
and the general public have easy access to the company’s latest information. The website, managed by the Investor
Relations Division, is also integrated with the company’s official website, www.bri.co.id.
9. Advisory Report
Preparing advisory materials containing the results of BRI’s stock valuation and the identified gaps between intrinsic value
and analysts’ target prices, as well as other analytical findings, for internal communication with the Board of Management.
10. Market Update Advisory
Prepare materials in the form of updates on stock market conditions, BRI stock prices and peers to be communicated
internally to the Board of Management.
11. Financial Update
Prepare financial performance materials every quarter in order to present BRI’s performance to analysts/securities
companies at Analyst Meeting activities.
12. Financial Brief
Prepare a summary of financial performance material every quarter in order to communicate BRI’s performance to BRI
employees.
13. BBRI News
Prepare materials related to current issues related to the interests of the company to be communicated internally to both the
Board of Management and BRI employees.
Profil Head of Investor Relation
Place and Year of Birth/Age
Born in Surakarta, November 17, 1986 (39 years old)
Education Background
- Bachelor of Economics from University of Indonesia, Depok (2009)
- MBA from Alliance Manchester Business School, University of Manchester, Manchester –
UK (2019)
Certification
-
Work Experience
Siaga Ridha Hutama - Department Head - Investor Relation Group, PT Bank Rakyat Indonesia Tbk. (Februari
Acting Group Head of Investor Relation 2023 - Sekarang)
- Division Head - Change Management Division, PT Bank Raya Indonesia (April 2021 -
Februari 2023)
- Team Leader - Subsidiary Management Division, PT Bank Rakyat Indonesia Tbk. (Oktober
2019 - April 2021)
Citizenship
Legal Basis for Appointment
Indonesia Citizen
NOKEP: 5756-DIR/HBS/11/2025
Domicile
Jakarta
Investor Relations Activities During 2025
In addition to the GMS, Investor Relations also communicates the bank’s activities to stakeholders, particularly existing investors
and capital market participants (regulators, investors, debenture holders, analysts, and rating agencies). Relevant information
is shared with an emphasis on transparency to support investors in making effective decisions and aligning their perceptions
and expectations regarding the bank’s strategy, performance, and financial condition. Throughout 2025, Investor Relations
organized various agendas, including:
1. The quarterly convening of Analyst Meetings.
3. Communication activities in the form of 38 field visits and 182 meetings both onsite and virtually.
4. Conferences 13 times and Non Deal Roadshows 7 times.
5. Implementation of BRI BISA (Bincang Saham) to BRI employees 4 (four) times.
6. Holding Retail Investor Day for shareholders 11 (eleven) times.
7. ESG Rating.
PT Bank Rakyat Indonesia (Persero) Tbk. 885
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Corporate
Governance
8. Implementtation of Annual Rating Review for Fitch, Moodys, S&P and Pefindo.
9. The implementation of Public Expose, Annual General Meeting of Shareholders (AGMS), Extraordinary General Meeting of
Shareholders (EGMS), and the publication of 5 (five) editions of the Investor Newsletter.
10. The management of latest information on the Investor Relations website (www.ir-bri.com), including:
a. Company’s information.
b. Financial performance and corporate presentations.
c. Corporate Governance.
d. Information related to the General Meeting of Shareholders (GMS).
e. Newsletter
11. Disclosure of regulatory filings, event calendar, press releases, stock performance, and information on issued securities.
Press Release
During 2025, BRI issued 467 press releases which can be accessed on the Company’s website with the following categories
Theme Amount
Small Medium Enterprises Empowerment 111
CSR 54
Others 47
Collaboration Ceremony and Promotion Event 45
Award 37
Financial Performance 36
Support for Government Programs 35
Services 27
Company Strategy 25
Products 17
Financial Inclusive – BRILink Agencies 15
ESG 10
Society’s Education / Literacy 8
Grand Total 467
Transparency in Report Submission
Submitting regular reports to regulators serves as a key transparency mechanism for the Company, including to the Financial
Services Authority (OJK) and the Indonesian Stock Exchange (BEI). BRI submitted these reports in a timely manner and in
accordance with applicable regulations, as follows:
No Reporting Date Regarding Addressed
1 January 10, 2025 Data on Debts/Liabilities in Foreign Currency Financial Services Authority
2 January 10, 2025 Report on BRI Share Ownership Structure Financial Services Authority
3 January 10, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
4 January 15, 2025 Report on the Transfer of Shares from Buyback Results Financial Services Authority
5 January 15, 2025 Report on the Transfer of Shares from Buyback Results Financial Services Authority
6 January 15, 2025 Report on the Transfer of Shares from Buyback Results Financial Services Authority
7 January 17, 2025 Material Information or Facts Regarding the Distribution of Interim Financial Services Authority
Dividends
886 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Reporting Date Regarding Addressed
8 January 21, 2025 Submission of Agenda of Annual General Meeting of Shareholders Financial Services Authority
9 January 21, 2025 Report of Ownership or Any Change in Share Ownership of Public Financial Services Authority
Companies
10 January 31, 2025 Notification of Plan for Annual General Meeting of Shareholders Financial Services Authority
11 January 31, 2025 Report on the Readiness of Funds for the Repayment of BRI Bank's Indonesia Stock Exchange (IDX)
Continuous Bonds II Phase IV 2018 Serie B
12 January 31, 2025 Share Buyback Plan Issued by the Company and Transfer of Financial Services Authority
Shares from the Buyback
13 January 31, 2025 Report on the Transfer of Shares from Buyback Results Financial Services Authority
14 February 03, 2025 Submission of Advertisement Proof of Buyback Plan and Transfer Financial Services Authority
of Shares proceeding from the Buyback
15 February 03, 2025 Submission of Evidence of Advertisement of GMS Notification Financial Services Authority
16 February 07, 2025 Group Issuer Confirmation Indonesia Stock Exchange (IDX)
17 February 10, 2025 Data on Debts/Liabilities in Foreign Currency Financial Services Authority
18 February 10, 2025 Report on BRI Share Ownership Structure Financial Services Authority
19 February 10, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
20 February 12, 2025 Analyst Meeting on BRI Financial Performance for the Fourth Indonesia Stock Exchange (IDX)
Quarter of 2024
21 February 13, 2025 Submission of Information on Fulfillment of Public Expose Indonesia Stock Exchange (IDX)
Obligations - Annual
22 February 13, 2025 Notification of Changes to the Schedule of the Annual General Financial Services Authority
Meeting of Shareholders
23 February 13, 2025 Submission of Evidence of Advertising of Annual Financial Report Director of Listed Company
Information Assessment
Attn: Listed Company Assessment
Division 1
Indonesia Stock Exchange
24 February 14, 2025 Submission of Changes to the Agenda of the Annual General Indonesia Stock Exchange (IDX)
Meeting of Shareholders
25 February 24, 2025 Rating Results Report Annual Rating Financial Services Authority
26 February 28, 2025 Submission of Annual Report & Sustainability and ESG Financial Services Authority
27 February 28, 2025 Invitation to Annual General Meeting of Shareholders Financial Services Authority
28 February 28, 2025 Report on the Readiness of Funds for the Repayment of BRI's Indonesia Stock Exchange (IDX)
Sustainable Environmentally Aware Bonds I Phase III 2024 Serie A
29 February 28, 2025 Additional Information on Disclosure Financial Services Authority
Information on the Company’s Share Buyback Plan and the
Transfer of Shares Proceeding from the Buyback
30 March 04, 2025 Submission of Advertisement Proof for Additional Information on Financial Services Authority
the Disclosure of Information on the Share Buyback Plan Issued
by the Company and the Transfer of Shares Proceeding from the
Buyback
31 March 04, 2025 Submission of Evidence of Advertisement of GMS Invitation Financial Services Authority
32 March 04, 2025 Explanation of the Exchange's Request for Explanation Indonesia Stock Exchange (IDX)
33 March 06, 2025 Report of Ownership or Any Change in Share Ownership of Public Financial Services Authority
Companies
34 March 10, 2025 Changes in Shareholder Structure Financial Services Authority
35 March 10, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
36 March 11, 2025 Response to the Exchange's Request for Explanation Indonesia Stock Exchange (IDX)
37 March 21, 2025 Affiliate Transaction Report Financial Services Authority
PT Bank Rakyat Indonesia (Persero) Tbk. 887
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Corporate
Governance
No Reporting Date Regarding Addressed
38 March 21, 2025 Affiliate Transaction Report Financial Services Authority
39 March 24, 2025 Material Information or Facts on the Transfer of Ownership of Serie Financial Services Authority
B Shares of State-Owned Enterprises of the Republic of Indonesia
40 March 25, 2025 Summary of Minutes of the Annual General Meeting of Financial Services Authority
Shareholders
41 March 26, 2025 Changes to members of the Board of Directors and/or members of Financial Services Authority
the Board of Commissioners
42 March 26, 2025 Disclosure of Information related to Corporate Actions - Cash Financial Services Authority
Dividends
43 March 27, 2025 Report on Ownership or Any Changes in Ownership of Shares of Financial Services Authority
the Republic of Indonesia
44 March 27, 2025 Report on Ownership or Any Changes in Share Ownership of PT Financial Services Authority
Biro Klasifikasi Indonesia
45 March 27, 2025 Submission of Advertisement Evidence of GMS Results Financial Services Authority
46 April 10, 2025 Changes in Shareholder Structure Financial Services Authority
47 April 10, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
48 April 17, 2025 Changes in Audit Committee Financial Services Authority
49 April 23, 2025 Minutes of the Annual General Meeting of Shareholders Financial Services Authority
50 April 30, 2025 Submission of Unaudited Interim Financial Reports Indonesia Stock Exchange (IDX)
51 May 02, 2025 BRI Financial Performance Analyst Meeting for the First Quarter of Indonesia Stock Exchange (IDX)
2025
52 May 02, 2025 Submission of Evidence of Advertisement of Interim Financial Indonesia Stock Exchange (IDX)
Report Information
53 May 09, 2025 Changes in Shareholder Structure Financial Services Authority
54 May 09, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
55 May 16, 2025 Submission of Information on Changes to the Articles of Otoritas Jasa Keuangan
Association of PT Bank Rakyat Indonesia (Persero) Tbk
56 June 10, 2025 Changes in Shareholder Structure Otoritas Jasa Keuangan
57 June 10, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
58 June 25, 2025 Submission of Advertisement Proof for the Sustainable Public Financial Services Authority
Offering of BRI Bank's Sustainable Socially Aware Bonds I Phase I
2025
59 June 30, 2025 Report on the Realization of the Use of Public Accountant Services Financial Services Authority
and Public Accounting Firms
60 June 30, 2025 Report on the Readiness of Funds for Principal Repayment of BRI's Indonesia Stock Exchange (IDX)
Sustainable Environmentally Aware Bonds I Phase I 2022 Serie B
61 July 01, 2025 Affiliate Transaction Report Financial Services Authority
62 July 01, 2025 Explanation of Mass Media Reporting Indonesia Stock Exchange (IDX)
63 July 04, 2025 Request for Explanation of Issuers and Other Public Companies Financial Services Authority
64 July 10, 2025 Changes in Shareholder Structure Otoritas Jasa Keuangan
65 July 10, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
66 July 15, 2025 Share Buyback Report Financial Services Authority
67 July 15, 2025 Report on Use of Proceeds from Public Offering Financial Services Authority
68 July 15, 2025 Report on the Transfer of Shares proceeding from the Buyback Financial Services Authority
Results
69 July 15, 2025 Share Buyback Report Financial Services Authority
70 July 31, 2025 Analyst Meeting on BRI Financial Performance for the Second Indonesia Stock Exchange (IDX)
Quarter of 2025
888 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
No Reporting Date Regarding Addressed
71 August 01, 2025 Submission of Evidence of Advertisement of Interim Financial Indonesia Stock Exchange (IDX)
Report Information
72 August 04, 2025 Affiliate Transaction Report Financial Services Authority
73 August 04, 2025 Affiliate Transaction Report Financial Services Authority
74 August 08, 2025 Changes in Shareholder Structure Financial Services Authority
75 August 08, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
76 August 20, 2025 Affiliate Transaction Report Financial Services Authority
77 September 01, 2025 Change of Corporate Secretary Financial Services Authority
78 September 09, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
79 September 09, 2025 Changes in Shareholder Structure Financial Services Authority
80 September 25, 2025 Report on the Readiness of Funds for the Repayment of BRI's Indonesia Stock Exchange (IDX)
Sustainable Environmentally Aware Bonds I Phase II of 2023 Serie B
81 October 03, 2025 Report on Appointment/Change of Public Accountant and/or Public Financial Services Authority
Accounting Firm Audit services for Annual Historical Financial
Information
82 October 10, 2025 Changes in Shareholder Structure Financial Services Authority
83 October 10, 2025 Monthly Report of Securities Holder Registration Indonesia Stock Exchange (IDX)
84 October 20, 2025 Presentation of BRI's Financial Performance Material for the third Indonesia Stock Exchange (IDX)
Quarter of 2025
85 October 31, 2025 Request for Explanation from Issuers and Other Public Companies Financial Services Authority
86 October 31, 2025 Notification of Limited Review Plan for BRI's Published Financial Financial Services Authority
Report as of October 31, 2025
87 October 31, 2025 Submission of Evidence of Advertisement of Interim Financial Financial Services Authority
Report Information
88 October 31, 2025 Report on the Readiness of Bank BRI's MTN Repayment Funds for Indonesia Stock Exchange (IDX)
2022 Serie B
89 November 3, 2025 Submission of the Agenda of the Extraordinary General Meeting of Financial Services Authority
Shareholders
90 November 10, 2025 Request for Explanation from Issuers and Other Public Companies Financial Services Authority
91 November 10, 2025 Changes in Shareholder Structure Financial Services Authority
92 November 10, 2025 Monthly Report on Securities Holder Registration Indonesia Stock Exchange (IDX)
93 November 11, 2025 Submission of Evidence of Advertisement of GMS Notification Financial Services Authority
94 November 24, 2025 Explanation of the GMS Agenda Financial Services Authority
95 November 25, 2025 Submission of Changes to the Agenda of the Extraordinary General Financial Services Authority
Meeting of Shareholders
96 November 25, 2025 Notice of Extraordinary General Meeting of Shareholders Financial Services Authority
97 November 26, 2025 Submission of Evidence of Advertisement of GMS Invitation Financial Services Authority
98 December 10, 2025 Changes in Shareholder Structure Financial Services Authority
99 December 10, 2025 Monthly Report on Securities Holder Registration Financial Services Authority
100 December 17, 2025 Interim Cash Dividend Schedule Financial Services Authority
101 December 18, 2025 Request for Explanation from Issuers and Other Public Companies Financial Services Authority
102 December 18, 2025 Summary of Minutes of the Extraordinary General Meeting of Financial Services Authority
Shareholders
103 December 19, 2025 Submission of Advertisement Evidence of GMS Results Financial Services Authority
104 December 24, 2025 Affiliate Transaction Report Financial Services Authority
PT Bank Rakyat Indonesia (Persero) Tbk. 889
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Governance
Code of Ethics Points of the Code of Ethics
BRI has established a Code of Ethics as outlined in the The implementation of the Company’s Code of Ethics is divided
BRI Board of Directors Circular Letter No. SE.09.a-DIR/ into the Bank’s Code of Ethics and the BRI which include:
KEP/03/2023 dated October 31, 2023, regarding the First
Amendment to Corporate Governance Book 6 (Code
of Ethics). BRI defines the Code of Ethics as a set of BANK’S CODE OF ETHICS
fundamental values, guidelines, and moral principles that
1. Compliance with Laws and Regulatory Policies
serve as the foundation for conducting business operations
with honesty and integrity. The BRI Code of Ethics applies to 2. The Relationship between the Bank and BRI Employees
the Board of Directors, the Board of Commissioners, and all 3. Relationship with Customers
employees in carrying out their duties professionally, while
4. Relationship with Competitors and Business Partners
fostering an environment that prioritizes the implementation
5. Relationship with Shareholders and Investors
of Good Corporate Governance (GCG).
6. Relationship with Regulator
Code of Ethics Principles 7. Relationship with the Community and the Environment
8. Ethics as a Business Group (BRI Group)
1. Leader Commitment and Exemplary Leadership
The Board of Directors and the Board of Commissioners 9. Gratification Control, Anti-Bribery, and Anti-Corruption
declare their compliance with the Code of Ethics
through the signing of a Code of Ethics Statement
Letter. In addition, the Board of Directors and Board The elements and explanations related to the BRI Employees’
of Commissioners were also role models for all Insan Code of Ethics are as follows:
BRILian in guiding and implementing the Code of Ethics.
2. Transparency
The principle of transparency was reflected in the BRI EMPLOYEES’ CODE OF ETHICS
openness and publication made by the Bank on the
1. Bank Compliance with Laws, Regulatory Policies, and the
provisions, implementation and violations of the Code of Bank’s Internal Policies
Ethics that occured in BRI in accordance with applicable
2. The Code of Ethics as BRI Employees
regulations.
3. Accountability 3. Relationship with Customers
BRI’s responsibility as a Bank for the implementation 4. Relationship with Competitors and Business Partners
of the Code of Ethics, among others, was reflected in
5. Interpersonal Relationships among Employees, including with
BRI’s relationship with customers, competitors, partners, Employees of the BRI Group
regulators, stakeholders as well as society and the
6. Relationship with Regulator
environment. The responsibility to comply with the Code
of Ethics for BRI personnel was documented in the Code 7. Relationship with the Community and the Environment
of Ethics Statement and the application of behavior in 8. Gratification Control, Anti-Bribery, and Anti-Corruption
accordance with the Code of Ethics in carrying out their
duties and responsibilities.
4. Control Commitment to the Code of Ethics
Violations of the Code of Ethics could be reported
through the Whistleblowing System (WBS) reporting tool. All members of the Board of Directors, the Board of
If based on the results of the investigation, the violation Commissioners, and all employees are required to be aware
of the Code of Ethics was proven to be true, it would be of, understand, and implement the BRI Code of Ethics, as
subject to sanctions in accordance with the provisions of evidenced, among others, by the signing of the Code of Ethics
the BRI Disciplinary Regulations. Statement on an annual basis. The Code of Ethics Statement
5. Surveillance also represents a tangible commitment of the Board of
Monitoring and evaluation of the implementation of the Directors, the Board of Commissioners, and all employees to
Code of Ethics policy at BRI was carried out to ensure that compliance with the Company’s Code of Ethics.
the Code of Ethics policy at BRI has been understood by
BRI personnel and implemented properly, so that it could Code of Ethics Socialization
always be a guide for BRI personnel. The Code of Ethics
policy was also constantly being improved in accordance In order to improve BRI personnel’s understanding of the
with the latest conditions. Company’s Code of Ethics, BRI communicated the Code of
Ethics policy to all BRI personnel, among others through:
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1. Company website. a. Digital Communication: dissemination of information
2. Landing Page on the BRISTARS application. through the Company’s internal digital channels,
3. Collective Labor Agreement between the Company’s including the landing page of the BRILiaN Apps
Labor Union and the Company’s Management. application, digital banners, and other media.
4. Posters, videos and other advertising media at the b. Socialization: in-person meetings with employees at
Company’s offices. the Group level at the Head Office as well as other
5. Online learning material with the theme of the Code of work units.
Ethics on the internal BRISMART e-learning platform. c. Employee Education: delivery of Code of Ethics
materials to new employees, promoted employees,
Consultation Media Code of Ethics and in other learning programs conducted both
online and offline.
Consultations regarding the application of the Code of Ethics 3. Evaluation of the Code of Ethics Implementation Program
can be made through email at: kode-etik@corp.bri.co.id BRI periodically conducted assessments of the
implementation of the Code of Ethics program,
Efforts to Implement and Enforce the particularly regarding employees’ understanding of the
Code of Ethics Code of Ethics policy, communication programs, and the
annual submission of the Code of Ethics Statement.
Throughout 2025, BRI implemented a series of comprehensive 4. Violation Reporting Channel
strategic measures to ensure that the Code of Ethics serves BRI provides a reporting channel for employees and
as the foundation for all operational activities and corporate other stakeholders to report any suspected violations
decision-making. These efforts were carried out through the committed by employees.
following initiatives:
1. Commitment of Management and All BRI Employees. Types of Sanctions for Violating the Code
The Board of Directors, the Board of Commissioners, of Ethics
and all employees signed the Code of Ethics
Statement as a commitment and an initial step in
upholding the Company’s values. Sanction Category
2. Code of Ethics Dissemination Program
Termination of Employment
To enhance employees’ understanding of the Code
of Ethics, BRI conducted intensive communication Written Warning
regarding the Code of Ethics policy through the Written Reprimand
following initiatives:
Demotion 1 Grade
Demotion 2 Grade
Number of Violations and Sanctions Given
The number of internal violations that occurred during 2025 was as follows.
Number of Violations
Internal Violations Non permanent workers
Permanent Workers
Contract Outsourcing
Completed 5,028 215 31
In Process of Completion 397 38 7
Total 5,425 253 38
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During 2025, The details of the sanctions given were as follows.
Total
Sanction Category
Permanent Workers Non permanent workers
Advisory Letter 2,057 139
Work termination 738 71
Written Warning 1,178 36
Written Reprimand 679 -
Final Written Reprimand 58 -
Demotion 1 Grade 252 -
Downgrade 2 Grades 66 -
Grand Total 5,028 246
Internal Deviation (Fraud) a. Preparation and Socialization of Anti-Fraud
Declaration
Anti Fraud Strategy b. Anti-Fraud Culture Program for Employees
c. Fraud Awareness and Awareness Program for
Anti Fraud Strategy covered the Bank’s strategy in controlling Customers
Fraud designed to develop, implement and improve the anti 2. Identify Vulnerabilities
Fraud compliance program in the Bank, by referring to the Vulnerability identification became a process for
process of Fraud occurrence and paying attention to the identifying, analyzing and assessing potential risks
characteristics and range of potential Fraud occurrence of fraud which could be carried out periodically or if
structured in a comprehensive, integralistic manner and there were indications of fraud.
implemented in the form of a control system. Implementing 3. Get to know your employees policy
an anti-fraud strategy became a part of implementing risk As an effort to prevent fraud, the Bank implemented
management, especially those related to aspects of the a policy of getting to know employees as an effort to
internal control system. The implementation of BRI’s anti- control the HR aspect.
fraud strategy contained 4 (four) pillars, namely:
2. DETECTION
1. PREVENTION The detection pillar contained steps to identify and
The prevention pillar contained steps to reduce the discover fraud in the Bank’s business activities, which
potential risk of fraud, which includes at least: included:
1. Anti Fraud Awareness 1. Policy and Mechanism for Handling Complaints
Anti-Fraud Awareness was an effort to raise (Whistleblowing)
awareness regarding the importance of preventing 2. Surprise Audit
fraud for all levels of the Bank organization and 3. Monitoring System
various parties related to the Bank. Through good
leadership and supported by high anti-fraud 3. INVESTIGATION, REPORTING, AND PENALTIES
awareness, it was expected that awareness could It is part of the Fraud Control System aimed at addressing
grow among all elements in the Bank and various fraud through investigations, with the results reported
parties connected with the Bank regarding the to the President Director, Board of Commissioners, and
importance of controlling fraud. The leadership’s Regulators, including proposals for sanctions and legal
morals and awareness of anti-fraud had to animate processes for the fraud perpetrators. To strengthen
every policy or provision set. Efforts to raise anti- the function of the Third Pillar, authority for conducting
fraud awareness were carried out, among others, investigations and imposing sanctions has been
through: delegated to each region to expedite the handling of
cases and recovery processes.
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4. MONITORING, EVALUATION AND FOLLOW-UP
The monitoring, evaluation and follow-up pillar contained steps to carry out monitoring and evaluation and follow up on
fraud, including at least:
1. Monitoring
One of the important steps in implementing a Fraud control system was monitoring follow-up actions carried out on
Fraud, both in accordance with the Bank’s internal regulations and in accordance with statutory provisions.
2. Evaluation
To support the implementation of the evaluation, the Bank maintained data on fraud incidents. Event data can be used as
an evaluation tool. Based on fraud incident data and the results of the evaluation, weaknesses and causes of fraud can
be identified and necessary handling and improvement steps can be determined, including strengthening the internal
control system. A comprehensive evaluation of the Fraud control system was carried out periodically.
3. Follow up
The Bank developed a follow-up mechanism based on the results of evaluation of Fraud incidents to correct weaknesses
and strengthen the internal control system in order to prevent the recurrence of Fraud due to similar weaknesses.
To support the effective implementation of the Anti-Fraud Strategy, the Company has established a work unit or function tasked
with managing the implementation of the anti-fraud strategy within the organization. This unit is managed by the IT & Fraud Risk
Group, which reports to the Director of Fraud and Risk Management.
Number of Deviations (Internal Fraud) and Resolution Efforts
Number of Internal Fraud Incidents
Members of the Board of
Internal Fraud Commissioners and Members Permanent Employees Temporary Employees
in 1 year of the Board of Directors
Previous Year Current Year Previous Year Current Year Previous Year Current Year
(2024) (2025) (2024) (2025) (2024) (2025)
Fraud Total - 2 1,040 905 119 116
Resolved - - 456 636 69 71
In the process of
Resolution within the - - 584 269 50 45
Bank’s Affairs
Resolution has not
- - 0 0 0 0
been initiated
Has been followed
up Through Legal - 2 133 114 24 25
Proceedings
Notes:
Internal fraud with a value exceeding IDR100 million.
Whistleblowing System
BRI prioritizes transparency to all stakeholders, particularly in relation to organizational management, company operations,
and business activities. To support this commitment, BRI provides a Whistleblowing System as an official and confidential
channel for all stakeholders to report suspected violations of ethics, laws, and internal policies. Through this mechanism, any
irregularities can be followed up independently and objectively, while supporting a culture of high accountability.
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The BRI Whistleblowing System policy is stipulated in 2. Assurance of follow-up on reports while adhering to
Implementation Guideline No. Jl.04-KEP/05/2025 dated the established Service Level Agreement (SLA). Every
May 8, 2025 concerning the Whistleblowing System, report received is processed professionally, fairly, and
which sets out the basis for managing the whistleblowing transparently, followed by appropriate corrective actions
system, including independence, reporting mechanisms, to prevent similar incidents from recurring.
and other technical provisions. In 2025, BRI transformed 3. Strict management policies that prioritize confidentiality,
the Whistleblowing System into a reliable and convenient data security, and independent and objective
reporting channel for all stakeholders through several investigation procedures.
strategic initiatives: 4. For whistleblowers from within BRI, additional benefits
1. Management of whistleblowing reports by an and protection are provided in the form ofa:
independent third party, including the provision of new a. Legal assistance for employees when necessary in
reporting channels for whistleblowers. accordance with applicable regulations.
2. Revitalization of the report management system, b. Protection from threats, pressure from superiors,
including updates to the Service Level Agreement (SLA), delays in promotion, discrimination, termination of
digitalization of monitoring, and the establishment of employment, and unilateral transfer.
more prudent procedures. c. Appreciation for employees who have had the
3. Measurement of employees’ level of understanding courage to report violations within their Work Units.
regarding the whistleblowing system conducted by an
external party. Whistleblowing System Reporting
4. Expansion of communication regarding the Channels and Media
whistleblowing system to employees, customers, and all
stakeholders. BBRI has developed and operates the Whistleblowing System
by providing access through various channels. BRI ensures
Criteria for Reportable Violations that the available reporting channels can be accessed by
whistleblowers 24 hours a day. Through these channels,
Indications of violations that may be reported and followed BRI expects that every report can be heard and followed up
up through the Whistleblowing System include actions appropriately while accommodating the concerns of each
committed by BRI employees and officials with the following whistleblower. Reports regarding suspected violations can
criteria: be submitted through the following media:
1. Corruption 1. Website:
2. Misuse of Assets https://idn.deloitte-halo.com/bri-whistleblowingsystem
3. Fraudulent BRI financial reporting 2. Email: bri-whistleblowingsystem@tipoffs.info
4. Fraud 3. Written Letter: PO Box 1450 JKP 10014
5. Leakage of confidential information 4. SMS and WhatsApp: +62 811 8113 5306
6. Other actions that may be classified as fraud
7. Ethical violations Parties Managing Reports
Protection and Benefits for Management of whistleblowing system complaint reports
Whistleblowers by an independent third party, namely Deloitte, followed by
Report management is carried out by the Management Unit,
Providing protection to whistleblowers is an important pillar which is under the direct supervision of the President Director
in ensuring accountable and transparent management of the and monitored by the Board of Commissioners through the
Whistleblowing System. The BRI Whistleblowing System is Audit Committee. The Management Unit is appointed directly
designed to provide comfort and assurance for employees, by the President Director and acknowledged by the Board of
customers, partners, and other stakeholders to report Commissioners.
suspected violations, fraud, or unethical conduct without
fear of retaliation or discrimination. This commitment is Management of Whistleblowing System
implemented through several strategic measures, including: Reports
1. Confidentiality assurance for the identity of the
whistleblower and the report through complaint handling The management of the Whistleblowing System is carried out
by an independent third party. with the principles of independence and high professionalism.
Reports are received by a trusted third party to ensure the
confidentiality and security of the whistleblower’s identity.
894 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
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The investigation process for each report is conducted objectively and impartially, involving competent personnel who are free
from conflicts of interest. Each stage, from receipt, verification, investigation, to follow-up, must comply with the established
Service Level Agreement (SLA) and is monitored directly by the Compliance Work Unit to ensure timeliness, fairness, and
certainty in handling reports. To ensure independence in managing reports, the Work Unit appointed as the Whistleblowing
System Managing Unit must fulfill the following requirements:
1. Comply with the BRI Code of Ethics, as evidenced by the signing of the Code of Ethics Statement and Integrity Pact by all
assigned personnel. Officers may be subject to disciplinary sanctions if they violate the statements they have signed.
2. Maintain the confidentiality of the whistleblower’s identity, information, and documents related to reported violations.
3. Avoid conflicts of interest in the follow-up process of reported violations. If a report involves an officer, a cross-examination
mechanism will be applied or the process will be handled by a higher-level official.
4. Manage documentation properly, including recording, updating all follow-up activities, and storing all data in a secure place.
5. Carry out duties, responsibilities, and authority in their capacity as the Whistleblowing System Managing Unit, including
follow-up on all reports of alleged violations.
Whistleblowing System Report Submission Flow
All communication with whistleblowers within the Whistleblowing System (WBS) is managed and conducted by a trusted
independent party, including the delivery of information regarding report status, investigation results, and follow-up actions taken
by the Company, while ensuring the confidentiality of the whistleblower’s identity and data security. Through this mechanism,
the Company ensures transparency, objectivity, and full protection for whistleblowers throughout the communication process,
in line with good governance principles and a commitment to integrity.
3
The WBS Management Unit/
Audit Committee verifies
1 the report
The reporter submits the
report to the Consultant
and receives a reference
notification to check the
reporting status.
2
The consultant conducts an
analysis of the adequacy of
the report to be forwarded
to the WBS Management
Unit/Audit Committee. 4
WBS Management Unit
8 Leader/Audit Committee
Rejected Conducts Validation
The WBS Management Unit/
Audit Committee updates the
report status to the consultant
for further information to the
reporter.
6
The Investigation Work Unit
submits a report on the
results of the investigation
to the WBS Management
Unit and related Work Units.
Followed up
7 5
The Work Unit is authorized
WBS Management Unit/
to carry out follow-up
Audit Committee appoints
improvements and report to
Investigation Work Unit
the WBS Management Unit.
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Socialization of the Whistleblowing System
In order to enhance understanding of the Whistleblowing System among internal (BRI employees) and external parties, BRI
continuously conducts socialization through various methods, including education in employee development and enhancement
programs, periodic self-learning, banner placement on the BRIStars application landing page, and socialization during third-
party gatherings.
Number of Complaints and Complaint Process
During 2025 there were 81 (eighty one) WBS violation reports containing 89 (eighty nine) sub-indications of violations. The
development trend of WBS reports over the last 3 (three) years is as follows:
Description 2023 2024 2025
Number of complaints 30 48 81
Sub Indication of Violation 50 63 89
Based on these data, the most frequently reported and proven sub-indications of violations in 2025 were fraud and violations
of the code of ethics as per the following data:
Status
Complaints
Indication of Violation
Accepted Partially
Proven Not proven In Progress
proven
Ilegal Gratuity 6 4 0 1 1
Human Rights Violations 9 6 0 3 0
Violations of the Respect Workplace Policy 19 14 1 1 3
(RWP)
Violations of the code of ethics 23 16 2 3 2
Violations of Other Company Procedures 3 2 0 1 0
Misuse of Assets 3 3 0 0 0
Other Actions That May Be Classified as Fraud 26 23 1 0 2
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The trend in the use of WBS reporting media over the last 3 (three) years is as follows:
Reporting Media 2023 2024 2025
Email 9 14 21
SMS 0 2 0
Surat 1 0 1
Website 8 17 34
Whatsapp 12 15 25
Sanctions/Follow Up on Complaints in 2025
Sanctions/Follow Up Disciplinary Punishment
In the process 52
Verbal Warning 3
Advisory Letter 65
Written Warning 20
Written Reprimand 28
Final Written Reprimand 6
Demotion 1 Grade 3
Termination of Employment 29
Total 206
Anti-Corruption Program
Anti-Corruption Policy
To prevent the practice of Corruption, Collusion, and Nepotism (KKN) within the company, BRI has an Anti-Corruption and Anti
Bribery policy as outlined in the Board of Directors Circular Letter on Corporate Governance Policy No. SE.09-DIR/KEP/03/2023
dated March 15, 2023, Book 3 on Anti-Bribery and Gratification Control, and SE.09b-DIR/KEP/03/2023 dated July 31, 2024,
Book 4 on the Anti-Bribery Management System ISO 37001:2016. These policies serve as guidelines and the Bank’s commitment
to supporting anti-bribery and anti-corruption practices, categorized as fraudulent and fraudulent activities.
The existence of these policies aims to raise awareness among all levels within the business units about the risks of bribery and
corruption in the Bank’s business processes, as well as to engage every BRILiaN employee in efforts to prevent and avoid bribery
and corruption practices. The implementation of the Anti-Bribery and Anti-Corruption Policy and the Anti-Bribery Management
System (SMAP) Policy aims to address practices such as corruption, kickbacks, fraud, bribery, and/or gratification.
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Governance
Programs and Procedures Implemented to Address Corruption, Kickbacks, Fraud,
Bribery, and/or Gratification Practices
Anti-Bribery Management System
In order to improve the quality of corporate governance regarding the continuous prevention of bribery practices within the
company, in alignment with ISO 37001:2016 Anti-Bribery Management System Standards, BRI has established the following:
1. Complying with applicable laws and regulations related to anti-bribery.
2. Aligning the anti-bribery policy with the company’s objectives.
3. Commitment to fulfilling the clauses of the Anti-Bribery Management System.
4. Prohibiting bribery practices within the company across all business lines and business units.
5. Implementing corporate governance that supports the achievement of the company’s anti-bribery objectives.
6. Increasing stakeholder awareness regarding the implementation of anti-bribery management.
7. Implementing the principle of continuous improvement in the Anti-Bribery Management System.
BRI has implemented the Anti-Bribery Management System (SMAP) at PT. Bank Rakyat Indonesia (Persero). BRI has implemented
ISO 37001:2016 and adopted the ISO 37001:2016 Anti-Bribery Management System policy as stated in Circular Letter (SE)
Number SE.09-DIR/KEP/03/2023 dated March 15, 2023 concerning Corporate Governance regarding Book 4 concerning the
ISO 37001:2016 Anti-Bribery Management System.
The implementation of the Anti-Fraud Strategy has been presented in the Internal Deviations (Fraud) section in the Corporate
Governance Chapter of this Annual Report.
Gratification Control Management
BRI has established a Gratification Control Unit (UPG), managed by the Compliance Division since 2017, which is responsible
for managing gratification control within the company. To enhance awareness of gratification control across all levels of BRI’s
business units, the Gratification Control Unit is supported by the Regional Risk Management & Compliance teams at the Regional
offices in implementing gratification control programs developed by the Compliance Group.
Gratification Reporting Mechanism
In reporting Gratification , all BRI personnel were required to report it to the BRI Gratification Control Unit via the reporting media
provided, namely Nexure.bri.co.id.
Letter to Compliance
Human Capital System
Group
(BRIstars) Email:
BRI Gedung BRI 2
GCG Online System upg.bri@corp.bri.co.id
Lantai 10, Jl. Jendral
2.0
Sudirman Kav 44-456
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An explanation of the Gratification reporting mechanism is as follows.
Gratification Reporting Handling Mechanism
Delivered Through
Gratification
Recipient
(Reporting)
1
Directly Web
Email Fax Surat
Submitted Online
Filling in form
SK Submitted to Reporter
4 (7 working days after Determination)
Decree on
Submitted to the Corruption Eradication Committee
Determination 2b
5 (30 working days from when the gratuity was
of Gratuity received)
State-Owned
Gratuities
(Submitted within
Delivered via UPG (7 working days from
7 Working Days 2a when the gratuity is received)
of the Decree’s
Issuance)
Gratuity Status Determination Process (30
Working Days)
Gratification Control Unit
Analysis
Report
Results
Recapitulation
of Report
& Review
KPKNL Recapitulation
(14 working
Kemenkeu Completeness Document & Review
i ii days)
Verification Review
State Cash
Account
3
Request for Data Analysis Completeness
iii ii i
6 and Information and Status Verification
Determination
PT Bank Rakyat Indonesia (Persero) Tbk. 899
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Corporate Governance Implementation of Gratification Control in 2025 1. Integrity Assessment Survey (SPI) by the Corruption Eradication Commission (KPK) of Republic of Indonesia. BRI conducts standardized measurements by the Corruption Eradication Commission (KPK) on the implementation of anticorruption strategies at BRI. The SPI measurement is carried out through the stages of survey implementation, in-depth interviews, and validation of survey results. 2. Organizing a series of activities for the International Anti-Corruption Day (HAKORDIA) 2024. The International Anti-Corruption Day, observed every December 9, in 2025 carries the theme “Reaffirming the Commitment to Eradicate Corruption for a Progressive Indonesia.” In line with BRI’s principles of anti-corruption, BRI organized in-house training attended by representatives of employees from all over Indonesia, with the theme Empowering Business Through Ethical & Compliance Practices, in collaboration with the Corruption Eradication Commission (KPK) of the Republic of Indonesia. 3. In House Training (IHT) on Anti-Corruption BRI conducted In House Training (IHT) at the Regional Offices in Bandung and Yogyakarta by inviting speakers from the Corruption Eradication Commission of the Republic of Indonesia (KPK RI), as part of its commitment to strengthening gratification control and preventing bribery within Work Units. The agenda was attended by all management of the Regional Offices, Regional Audit Offices, and second line units under the supervision of the Regional Offices, both onsite and online via Zoom meeting. 900 PT Bank Rakyat Indonesia (Persero) Tbk.
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4. Policy on the Acceptance of Gratification 4. Delivery of materials related to GCG and the Code
a) Book 3 on Anti-Bribery and Gratification Control, of Ethics in educational programs organized by the
SE.09- DIR/KEP/03/2023 regarding Corporate Corporate University for various positions in operational,
Governance, which regulates the definition of support, and business functions.
gratification, gratification control strategies, the
establishment of the Gratification Control Unit, and
the reporting of gratification. Management of Asset Reporting of
b) Technical Guidelines JN.102-KEP/11/2020 on the State Officials
Application of the Good Corporate Governance
(GCG) Online System 2.0. To improve the quality of GCG implementation, BRI also
5. Education and Socialization Programs complied with the Asset Reporting of State Officials
The BRI Gratification Control Unit (UPG) collaborates regulations based on the provisions of the Corruption
with BRI Corporate University to develop e-learning Eradication Commission.
materials on Gratification Control, available on the
internal BRISTARS platform, which is mandatory for all Policy
employees.
6. Signing of the Integrity Pact. 1. Officials who are required to report LHKPN
All BRI employees, including the Board of Commissioners As a concrete form of increasing transparency,
and the Board of Directors, are required to declare their preventing corruption, and supporting a clean culture
commitment to anti-gratification as outlined in the Code from corruption, collusion, and nepotism, members of
of Ethics Statement. the Commissioners, Directors, SEVP, EVP and VP at BRI
7. Implementation of the Anti-Bribery Management System are required to report their assets in accordance with the
(SMAP) ISO 37001. company’s internal provisions stipulated in the BRI Board
In support of the Gratification Control program, BRI of Directors Circular No. SE.09- DIR/KEP/03/2023 dated
has implemented the ISO 37001:2016 Anti-Bribery March 15, 2023 concerning Corporate Governance Book
Management System standard for the procurement of 5 concerning the Management State Official Wealth
goods and services at the Head Office and the Human Report (LHKPN). The data reported in the report include
Resources Assessment process. the position of assets before and after the end of office.
8. Mapping of potential gratification risk areas through The reporting provisions are constantly updated to
antibribery self-assessment. comply with applicable regulations.
2. LHKPN Reporting Coordinator
Gratification Report in 2025 The reporting coordinators appointed by BRI to manage
and monitor the The State Official Wealth Report (LHKPN)
Throughout 2025, there were 12 gratification reports reporting process are the Head of the Secretariat and
submitted to the BRI Gratification Control Unit (UPG), all of Protocol Department and the Head of Human Capital
which have been followed up by UPG BRI in accordance with Strategy Group. Based on the current organizational
the applicable provisions. structure, there are 177 (one hundred seventy-seven)
LHKPN Reportees who are required to report their assets
Anti-Corruption Training/Socialization to to the KPK. Among these officials, the majority have
Employees reported their assets in accordance with the LHKPN
reporting obligations.
Several forms of activities, educational programs and
outreach that have been carried out by UPG BRI during 2025 The State Official Wealth Report (LHKPN)
include: Report Management Officer
1. Implementation of In House Training at the Regional level
and BRI Head Office in collaboration with speakers from The LHKPN reports are managed and coordinated by the
the Corruption Eradication Commission of the Republic Compliance Division, with the following scope of duties:
of Indonesia (KPK RI). a. Providing information regarding BRI’s LHKPN to the KPK.
2. Focused socialization on the topics of Gratification b. Providing socialization regarding LHKPN to the LHKPN
Handling and Anti-Bribery, as well as Conflict of Interest Reportees.
within the BRI Head Office environment through the c. Managing and updating the data of LHKPN Reportees.
“Compliance Knock On The Door” program d. BRI Collaborating with the KPK to monitor the
3. Campaigns through various media such as the landing implementation of BRI’s LHKPN reporting obligations.
page on the main page of BRILiaN Apps, podcasts, BRI
social media, and infographics on Digital Office (DIO)
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In the LHKPN reporting process, the Compliance Division is supported by the Human Capital Business Partner Group in data
updates and filling reminders, and by the Subsidiary Management Group to coordinate the reporting of Subsidiaries and Affiliates.
The State Official Wealth Report
BRI has submitted the LHKPN report for the 2024 reporting period which will be reported in 2025 as follows.
Have Reported Have not Reported
Number of LHKPN
Position
Mandatory
Number % Number %
Board of Commissioner 10 10 100 - -
Directors 12 12 100 - -
BRI Employees 160 160 100 - -
Providing Funding for Social and/or incentives, long-term incentives, and/or other incentives
Political Activities paid in the form of shares. In addition, a portion of the shares
resulting from the 2022 Buyback has also been allocated to
BRI’s social activity funding has been presented in the the employee share ownership program.
Sustainability Report. During 2025, BRI did not provide
funding for political activities. In 2023, the Company carried out a Buyback following POJK
No. 30/POJK.04/2017, which was completed on September
11, 2024. Subsequently, the Company conducted another
Buyback Share and Buyback Obligation Buyback in 2025 in accordance with POJK 29/2023 and
obtained approval from the 2025 Annual GMS on March 24,
Buyback Share 2025. The 2025 Buyback is carried out either gradually or at
once within a maximum period of 12 (twelve) months after
Buyback Implementation Policy the date of the GMS approving the 2025 Buyback.
As part of the capital management strategy and commitment On the other hand, the Company will gradually transfer all
to increasing value for shareholders, BRI also focuses on remaining shares from the Buyback (Treasury Stock) through
enhancing employee engagement. This is realized through the Employee and/or Director and Board of Commissioners
the Employee and/or Director and Board of Commissioners Share Ownership Program in accordance with the applicable
Share Ownership Program. To support this, BRI has laws and regulations.
implemented the Buyback of Company Shares. This activity
is carried out in accordance with OJK Regulation No. 30/ Buyback was implemented by the Company as (i) an effort
POJK.04/2017 and No. 29/2023 regarding the Buyback to optimally manage capital; (ii) a form of commitment to
of Shares Issued by Public Companies, as well as OJK increase value for Shareholders; and (iii) efforts to increase
Regulation No. 2/POJK.04/2013 concerning the Buyback of employee engagement and/or Directors and Board of
Shares in Conditions of Significantly Fluctuating Market. Commissioners to achieve the Company’s long-term
performance targets through the Share Ownership Program.
The Company has carried out a Buyback in 2015 and 2020,
based on POJK No. 2/POJK.04/2013. All shares acquired Buyback Price and Number of Repurchased Shares
from the 2015 Buyback and some of the shares from the
2020 Buyback have been transferred through the Employee In 2025, BRI has conducted a Buyback of 132,321,300*
Share Ownership Program. In 2022, the Company conducted shares with an average acquisition price of Rp3,687.12. So
another Buyback following POJK No. 30/POJK.04/2017, that as of December 31, 2025, the total treasury shares
which was completed on January 26, 2023. Some of the owned by BRI are 958,602,200 shares.
shares from the 2022 Buyback have been allocated for the
*treasury stock based on settlement date, excluding transactions dated
Directors’ and Commissioners’ share ownership program. December 30, 2025 which were settled on January 5, 2026
This program is part of the variable remuneration for the
Directors and Commissioners, which includes annual
902 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 903
Annual Report
2025
Increased Profit Per Share
Description Total Sheets of Shares
Treasury Stock as of December 31, 2024 909,878,300
Movement of Treasury Stock during 2025 48,723,900
Treasury Stock as of December 31, 2025 958,602,200
Total Treasury Stock 958,602,200
Total Outstanding Shares 151,559,001,604
Total Outstanding Shares excluding Treasury Stock (Lbs) as of December 31, 2025 150,600,399,404
* treasury stock based on settlement date, excluding transactions dated December 30, 2025 which were settled on January 5, 2026
Without Share After Share
Description Impact
Buyback Buyback
Net Profit Attributable to the Parent (Audited Consolidation 56.652 56.652
December 2025) (IDR Billion)
EPS (IDR) 376,02 0,15 376,18
Bond Buybacks
During 2025, there will be no buybacks obligation.
Internal Dispute
During 2025, no internal disputes among workers occured.
Bank Strategic Plan
Information related to the Bank’s Strategic Plan has been presented in the Bank Strategy Sub-Chapter in the Management
Analysis and Discussion Chapter in this Annual Report.
Provision of Funds to Related Parties and Provision of Large Funds
Total
No. Provision of Fund
Nominal
Debtors
(IDR Million)
1. To related parties 667 18,656,883
2. To core debtors:
a. Individuals 50 242,229,198
b. Groups 50 314,840,547
PT Bank Rakyat Indonesia (Persero) Tbk. 903
Page 904
Corporate
Governance
More detailed information regarding Provision of Funds to Related Parties and Provision of Large Funds has been presented in
the Sub-Chapter Prohibitions, Limitations and/or Significant Obstacles to Providing Funds Between Banks and Other Entities in
a Business Group in the Management Analysis and Discussion Chapter in this Annual Report.
Transactions with Conflicts of Interest
A conflict of interest is a condition/situation in which a person, because of the position or authority held by BRI, has a personal
interest which can affect the quality and performance of carrying out their mandated tasks objectively. Bank BRI has a conflict
of interest policy As outlined in the Director’s Circular Letter No. SE.09-DIR/KEP/03/2023, dated March 15, 2023, regarding
Corporate Governance (Book 1 related to Conflict of Interest Management)). The basic principles for handling Conflicts of
Interest covered:
1. Prioritize public interests.
2. Create openness in handling and monitoring conflicts of interest.
3. Encourage personal responsibility and exemplary attitudes.
4. Create and foster an organizational culture that is able to handle conflicts of interest.
Commitment
The Board of Commissioners, Directors and all BRI personnel have been committed and professional in implementing policies
for handling conflicts of interest. As a form of commitment of BRI personnel in implementing policies and disclosing conflicts
of interest, including:
1. All BRI employee were required to make an annual statement (Annual Disclosure) that they had no conflict of interest
regarding any decisions they have made and have implemented the behavior determined by the company.
2. Each business unit was required to submit reports on transactions/decisions that contained conflicts of interest.
Socialization
BRI disseminated GCG policies and conflicts of interest to BRI employees through educational programs, in-house training and
online learning, and conflict of interest statements made by each BRI employee.
Conflict of Interest Transaction Report in 2025
Name and Position of
Party Who Name and Position of Transaction Value
Transaction Type Information *)
Has a Conflict Decision Maker (millions of Rupiah)
of Interest
Nil Nil Nil Nil Nil
*) Not in accordance with applicable systems and procedures
Prevention of Insider Transactions (Insider Trading)
Insider Trading is trading in company shares or other securities (bonds or stock options) carried out by company individuals who
have access to non-public information about the company. The Company has a policy that regulates insider trading activities
for all BRI employees. The insider trading policy is outlined in the Director’s Circular Letter No. SE.09-DIR/KEP/03/2023, dated
March 15, 2023, regarding Corporate Governance (Book 1 related to Conflict of Interest Management), and the Director’s Circular
Letter No. SE.09a-DIR/ KEP/03/2023, dated October 31, 2023, regarding the First Amendment to Corporate Governance (Book
6 related to the Code of Ethics).
904 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 905
Annual Report
2025
Policies related to insider trading activities stipulate that: Procurement of Goods and Services
1. Every BRI employee had to avoid taking personal
actions that benefit from “inside information” or insider The Company has a policy regarding BRI Vendor Management
information obtained from their position, even though as regulated in the Directors’ Circular Letter Number SE.18-
this information is not open to the public. DIR/PLM/05/2023 concerning the Procurement of Goods
2. All BRI personnel did not use confidential information and/ or Services for PT Bank Rakyat Indonesia (Persero) Tbk
and company business data for purposes outside the (Book 11). Currently, BRI is developing a Vendor Management
company. System application that is integrated with the BRISMILE
3. All BRI personnel were prohibited from carrying out application, where the application includes the process of
all activities related to insider trading refering to illegal registering and selecting prospective vendors, monitoring,
activities in the financial market environment to seek vendor maintenance and evaluating vendor performance
profit carried out by utilizing internal information, so that BRI has a competent vendor database to support
for example published company plans or decisions/ procurement implementation. BRI goods and/or services.
corporate actions.
4. Violations of the above activities can be subject BRI Procurement Policy for Goods and/or
to disciplinary sanctions in accordance with those Services
applicable at BRI.
As a State-Owned Enterprise, in carrying out the procurement
In supporting good corporate governance practices, Board of goods and/or services, PT Bank Rakyat Indonesia
of Commissioners, Directors and all BRI personnel were (Persero) Tbk adheres to the provisions set by the Board of
required to make an annual statement (Annual Disclosure) Directors, which are based on the Regulation of the Minister
including disclosure of insider trading transactions carried of State-Owned Enterprises Number PER-02/MBU/03/2023
out by BRI personnel. Throughout 2025 there were no insider dated March 3, 2023. These provisions set by the Board
trading activities. of Directors regarding the implementation of goods and/or
services procurement are effective starting from 2023 and
replace the previous provisions that had been in effect since
Transparency of Financial and 2011. The provisions are mandatory guidelines for all BRI
Nonfinancial Conditions units.
BRI Bank transparently published the company’s financial General Principles for Procurement of
and non-financial conditions and reports to regulators in Goods and/or Services
accordance with applicable regulations. Publication of
financial and nonfinancial conditions was conveyed to the In BRI’s procurement provisions, there are several general
public either through print media or the company website principles that must be applied in the procurement process,
(www.bri.co.id/ report) as follows: including:
1. Monthly Financial Report submitted to the regulator and 1. Efficiency
published on the company website. Procurement of goods and/or services must aim to
2. Quarterly Financial Reports submitted to regulators and achieve optimal and best results in a short time using
published in print media and company websites. funds and capabilities as optimally as possible in a
3. Annual report submitted to regulators and published in fair manner, not solely based on the lowest price. For
print media and on the company website. strategic procurements with significant value, a total cost
4. Corporate governance information includes: of ownership approach may be used.
a. Vision and mission of the company
b. Composition and profile of the Board of
Commissioners
c. Composition and profile of the Board of Directors
d. Implementation of BRI Governance
5. Transparency of Bank product information delivered
through print, electronic media and the company website.
PT Bank Rakyat Indonesia (Persero) Tbk. 905
Page 906
Corporate
Governance
2. Effectiveness 3. Do not influence each other, directly or indirectly, to
Procurement must meet the established needs, be timely, prevent unhealthy competition.
and provide benefits in line with the set objectives. 4. Accept and take responsibility for all decisions made
3. Competitiveness according to agreements between parties.
Procurement must be open to vendors who meet the 5. Avoid and prevent conflicts of interest, directly
requirements and conducted through healthy competition or indirectly, that may lead to unhealthy business
among eligible vendors based on clear and transparent competition in the procurement process.
rules and procedures. 6. Prevent wastage and leakage of BRI finances in
4. Transparency procurement.
All rules and information regarding procurement, 7. Prevent abuse of authority or conduct activities for
including technical administrative requirements, personal, group, or third-party gain that may harm BRI.
evaluation procedures, evaluation results, and vendor 8. Do not accept, offer, or promise to give or receive gifts,
selections, must be open to interested suppliers. rewards, or any form of compensation to anyone who is
5. Fairness known or reasonably suspected to be connected to the
All qualified vendors must be treated equally. procurement of goods and/or services.
6. Opennes
Procurement can be participated by all vendors who Vendor Management
meet the established requirements.
7. Accountability According to the General Policy of Fixed Assets Management
Procurement must achieve the goals and be accountable, & Procurement at BRI, vendors participating in the
ensuring no potential misuse or deviation. procurement process at BRI must have a Vendor Registration
Certificate (SKT). To obtain SKT, vendors need to be
The company has a policy regarding Vendor Management managed professionally, considering feasibility and risks, to
as outlined in the Director’s Circular Letter No. SE.18-DIR/ ensure that BRI has access to vendors who can deliver the
PLM/05/2023 concerning the Procurement of Goods and/ required quality and availability effectively and efficiently.
or Services for PT Bank Rakyat Indonesia (Persero) Tbk
(Book 11). Currently, BRI is developing a Vendor Management The due diligence stages to ensure the quality of registered
System application integrated with the BRISMILE application, vendors are as follows:
which includes the process of registering and selecting 1. Managing vendor registration online via https://tdronline.
vendors, monitoring, vendor maintenance, and performance bri. co.id.
evaluation to ensure a competent vendor database to 2. Receiving vendor registration and conducting pre-
support the procurement process. screening of mandatory registration documents.
3. Verifying the compliance of the registration documents
Ethics in Procurement of Goods and/or submitted by the vendor.
Services 4. Conducting on-site visits to vendor locations to ensure
document legitimacy, truthfulness, and business
In addition to adhering to the procurement principles, feasibility. If necessary, visits may be made to the
parties involved in the procurement process must also sign vendor’s factory, warehouse, or representative office.
an Integrity Pact according to the established format and
comply with the procurement ethics as follows:
1. Perform duties orderly, with responsibility to achieve
objectives, smoothness, and the accuracy of
procurement goals.
2. Work professionally and independently based on
honesty, maintaining the confidentiality of procurement
documents to prevent deviations in the procurement
process.
906 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 907
Annual Report
2025
5. Evaluating vendor risk ratings according to applicable Implementation of Sustainable
regulations. Finance, Including Implementation
6. Analyzing the feasibility of the vendor based on of Social and Environmental
verification results, on-site visits, and risk rating Responsibility
assessments.
7. Issuing a Vendor Registration Certificate (SKT) for As a form of BRI’s support for Sustainable Finance, BRI has
vendors approved for partnership with BRI. a roadmap and strategy in the field of Environment, Social
and Governance (ESG) in both operational and business
Periodic evaluations are carried out for BRI vendors, including activities of the Bank. BRI consistently maintains good
after the completion of work or when applying for a vendor company performance in implementing Sustainable Finance
renewal. This is to determine the continuation of the vendor’s and contributing to achieving Sustainable Development
partnership with BRI. Goals (SDGs). Efforts to accelerate this achievement are
carried out through aligning corporate strategy, fulfilling
If a vendor is found to have violated procurement ethics or stakeholder expectations and initiating ESG that refers to
the procurement procedures, they may face one or more of national, regional and global standards.
the following sanctions and/or penalties:
1. Issuance of a Warning Letter; Detailed information regarding the Implementation of
2. Prohibition from participating in BRI procurement for a Sustainable Finance, including the Implementation of Social
specified period; and Environmental Responsibility is explained in the 2025
3. Liquidation of any guarantees submitted; BRI Sustainability Report.
4. Inclusion in the BRI Vendor Blacklist.
As of December 2025, 405 vendors had obtained a
Registered Certificate (SKT). During 2025, BRI processed
the issuance of 202 new SKTs and renewals.
Implementation of
Integrated Governance
The implementation of Integrated Governance within the 1. The OJK Regulation No. 30 of 2024 dated December
BRI Financial Conglomerate refers to Financial Services 23, regarding Financial Conglomerates and Financial
Authority Regulation No. 18/POJK.03/2014 concerning Holding Company.
the Implementation of Integrated Governance for Financial 2. Regulation of the Minister of State-Owned Enterprises
Conglomerates and Financial Services Authority Regulation Number PER-2/MBU/03/2023 dated March 3, 2023
No. 30 of 2024 dated 23 December 2024 concerning concerning Guidelines for Governance and Significant
Financial Conglomerates and Financial Conglomerate Corporate Activities of State-Owned Enterprises.
Holding Companies. Currently, the BRI Financial 3. The OJK Regulation No. 1/POJK.03/2019 dated January
Conglomerate consists of BRI as the Financial Conglomerate 28, 2019 concerning the Implementation of Internal Audit
Holding Company and 22 (twenty-two) entities as members Functions in Commercial Banks.
of the Financial Conglomerate. To ensure the implementation 4. The OJK Regulation No. 17/POJK.03/2014 dated
of governance within the Financial Conglomerate both November 18, 2014 concerning the Implementation of
individually and in an integrated manner, the BRI Financial Integrated Risk Management for Financial Conglomerates.
Conglomerate implements Integrated Governance practices. 5. The OJK Regulation No. 18/POJK.03/2014 dated
November 18, 2014 concerning the Implementation of
Several provisions stipulated in the regulations that serve as Integrated Governance for Financial Conglomerates.
references for the implementation of Integrated Governance
within the BRI Financial Conglomerate include the following:
PT Bank Rakyat Indonesia (Persero) Tbk. 907
Page 908
Corporate
Governance
6. The OJK Circular Letter No. 14/SEOJK.03/2015 dated May 5. General Policy Number: KU.02-DIR/KEP/10/2023 dated
25, 2015 concerning the Implementation of Integrated October 10, 2023, Book 2: Integrated Governance for BRI
Risk Management for Financial Conglomerates. Financial Conglomerate.
7. The OJK Circular Letter No. 15/SEOJK.03/2015 dated 6. BRI Board of Directors Circular Letter Number:
May 25, 2015 concerning the Implementation of SE.09.b-DIR/KEP/03/2023 dated July 31, 2024, Book
Integrated Governance for Financial Conglomerates. 8: Implementation of Compliance and Integrated
Governance for the Financial Conglomerate.
To perform Integrated Governance, BRI Financial 7. BRI Board of Directors Circular Letter Number: SE.18-
Conglomerates has some internal provisions, such as DIR/MPE/07/2024 dated July 31, 2024, Book 2 regarding
General Policy and other technical provisions, as followsi: Integrated Profil Risk.
1. Audit Charter Number: KU.01-DIR/ASQ/12/2025 on 8. BRI Board of Directors Circular Letter Number: SE.03-DIR/
December 16, 2025, Book 2 regarding the Integrated ASQ/01/2024 dated January 31, 2024, Book 2 regarding
Internal Audit Charter of the BRI Financial Conglomerate. Guidelines for Integrated Internal Audit Management of
2. General Policy Number: KU.04-DIR/SBM/07/2024 dated BRI Financial Conglomerate.
July 12, 2024, regarding the General Policy on Equity 9. Implementation Instruction Number JL.37-SBM/12/2025
Participation and Management of Companies Receiving on December 31, 2025 regarding BRI Financial
Equity Participation Conglomerate.
3. General Policy Number: KU.02-DIR/MPE/04/2024 dated
April 30, 2024, Book 2 regarding the General Policy on Generally, the implementation of Integrated Governance for
Integrated Risk Management. the Financial Conglomerate at BRI is based on the following
4. General Policy Number: KU.01-DIR/HCS/03/2024 dated framework:
March 1, 2024 regarding the General Policy on Human
Capital.
BRI’s Vision
Strategy
Increasing Subsidiaries Contribution Optimizing Efficiency Exploration of Strategic Partnership
(Net Profit & Fee Based Income) Through Sinergy KK BRI & Inorganic Growth
Structure Process
GMS Integrated Compliance and Governance
Integrated Risk Management
Board of Commissioners and Committees under it
Communication
Supervision
Integrated Internal Audit
Reporting
Director and Co-Director of PKK, Director in charge of
Integrated Work Unit and Director of Supervision
Planning, Performance Mgmt,
Sinergi & Legal
Financial Conglomerate Governance Committee and its
Sub-Committees
Human Capital
Integrated Work Unit Information Technology
Principle
Transparency Accountability Responsibility Independency Fairness
908 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 909
Annual Report
2025
The Integrated Governance Framework at BRI comprises five The results of the Integrated Governance implementation
main pillars: Principles, Commitment, Governance Structure, are reflected in the Financial Conglomerate’s performance
Governance Process, and Governance Outcome, referring to achievements, the adequacy of transparency in the annual
the OJK Regulation No. 18/POJK.03/2014 dated November Integrated Governance implementation report, audit
18, 2014, on the Implementation of Integrated Governance objectivity, the level of regulatory compliance, and other
for Financial Conglomerates. achievement indicators.
The implementation of Integrated Governance is based
on governance principles, which include Transparency, Assessment of the Implementation of
Accountability, Responsibility, Independence, and Fairness Integrated Governance
Integrated Governance is generally implemented into 3
(three) aspects, as follows: The Integrated Governance Implementation Assessment
1. Integrated Governance Structurei consists of a Self Assessment of the Integrated Governance
2. Integrated Governance Process Implementation of BRI Financial Conglomerate and an
3. Integrated Governance Results Assessment of the Maturity Level of the Integrated
Governance Implementation.
The Integrated Governance Structure within the BRI Financial
Conglomerate consists of the Integrated Governance Organs Self Assessment of the Implementation of
at BRI and its Financial Conglomerate Members, along with Integrated Governance
related integrated governance policies. The explanation of
the integrated governance organs are as follows: Self-assessment of the implementation of Integrated
1. Integrated Governance Organs of BRI include: Governance of the BRI Financial Conglomerate has been
a. General Meeting of Shareholders , carried out every semester by referring to Financial Services
b. The Board of Commissioners of BRI, Authority Circular Letter No. 15/SEOJK.03/2015 dated May
c. The Integrated Governance Committee, 25, 2015 concerning the Implementation of Integrated
d. BRI’s Board of Directors (including Director and Co- Governance for Financial Conglomerates.
Director of Financial Conglomerates Management,
Director taking charge in the Integrated Business The assessment of the implementation of Integrated
Unit and Director of dan Director of Supervision), Governance has been carried out on 3 (three) aspects
e. The Financial Conglomerate Governance Committee of Integrated Governance, namely the structure, process
(including the Integrated Risk Management and results of Integrated Governance on at least 7 (seven)
Committee, the Capital, Investment & Strategy Sub- assessment factors for the implementation of Integrated
Committee, and other sub-committees), Governance, namely:
f. Integrated Business Units consisting of Financial 1. Implementation of the duties and responsibilities of the
Conglomerate Management Work Unit, the Main Entity Board of Directors/Financial Conglomerate
Integrated Compliance Business Unit, the Integrated Holding Company.
Risk Management Business Unit, the Integrated Audit 2. Implementation of the duties and responsibilities of the
Business Unit, the Integrated Information Technology Board of Commissioners of the Main Entity.
Business Unit, and the Integrated Human Capital 3. Duties and responsibilities of the Integrated Governance
Business Unit. Committee.
2. Integrated Governance Organs of the Members of the 4. Duties and responsibilities of the Integrated Compliance
BRI Financial Conglomerate include: Unit.
a. General Meeting of Shareholders, 5. Duties and responsibilities of the Integrated Internal
b. Board of Commissioners Members of the BRI Audit Business Unit.
Financial Conglomerate 6. Implementation of Integrated Risk Management.
c. Board of Directors Members of the BRI Financial 7. Preparation and implementation of Integrated
Conglomerate. Governance Guidelines
The Integrated Governance process is implemented through The self-assessment results for the implementation of
oversight, communication, and reporting related to the Integrated Governance in 2025 are as follows:
management of the Financial Conglomerate, Integrated
Compliance and Governance, Integrated Risk Management,
Integrated Internal Audit, Planning and Synergy within the
Financial Conglomerate, Integrated Human Capital, and
Integrated Information Technology.
PT Bank Rakyat Indonesia (Persero) Tbk. 909
Page 910
Corporate
Governance
Assessment Period Ranking Explanation
Semester I of 2025 Rank 2 (Good) The Financial Conglomerate is assessed to have implemented Integrated Governance
generally well. This is reflected in the adequate fulfillment of the principles of
Integrated Governance. If there are weaknesses in the implementation of Integrated
Semester II of 2025 Rank 2 (Good) Governance, in general, these weaknesses are not significant and can be resolved
with normal actions by Financial Conglomerate Holding Company and/or Member of a
Financial Conglomerate.
The BRI Financial Conglomerate has implemented Integrated the number of meetings prescribed in the regulations.
Governance which is generally “Good”, reflected in the Furthermore, the integrated compliance unit, integrated
adequate fulfillment of aspects of structure, process and risk management unit, integrated internal audit unit, and
results. subsidiary management business unit monitor and evaluate
the implementation of compliance, risk management,
BRI Financial Conglomerates’ structure has been established internal audits, and performance management of each
in accordance with the provisions of POJK Number 30 of Financial Services Institution (LJK) within the BRI Financial
2024 regarding Financial Conglomerates and Financial Conglomerate.
Holding Company and approved by the OJK. In terms of
the implementation of integrated governance, BRI, a PIKK, In terms of results, BRI and members of BRI Financial
has had a General Policy on Integrated Governance for BRI Conglomerates have submitted regular reports as stipulated in
Financial Conglomerate in accordance with BRI’s Board of the Integrated Governance Guidelines. Furthermore, several
Directors’ Decree Number: KU.02-DIR/KEP/10/2023 on members of BRI Financial Conglomerates participated in the
October 10, 2023, and has been supplemented with the GCG implementation quality assessment by the independent
Implementation Instructions for Financial Conglomerates Indonesian Institute for Corporate Governance (IICG),
Number JL.37-SBM/12/2025 on December 31, 2025 as a research and ranking program of the 2024 Corporate
well as other General Policies and Technical Policies. In Governance Perception Index (CGPI) 2024, held in 2025.
managing BRI Financial Conglomerate, BRI has a Director Five companies—PT Pegadaian, PT Permodalan Nasional
and Co-Director of Financial Conglomerate Management Madani, PT Bank Raya Indonesia, Tbk, PT BRI Asuransi
and a Financial Conglomerate Management Business Unit as Indonesia, and PT Asuransi BRI Life— achieved the “Very
well as Integrated Business Units, consisting of an Integrated Trusted” predicate, and one company, PT BRI Danareksa
Risk Management Business Unit, an Integrated Compliance Sekuritas, earned the “Trusted” predicate.
Business Unit, an Integrated Internal Audit Business Unit, an
Integrated Human Capital Business Unit and an Integrated Moreover, BRI Financial Conglomerates became one of
Information Technology Business Unit. benchmark references for other companies, which was SOE
Company, and Member of SOE Financial Conglomerates,
From the process aspect, the monitoring and evaluation due to the implementation of Integrated Governance.
processes carried out by the Board of Commissioners,
Board of Directors, Integrated Governance Committee, Assesment of Integrated Governance
Integrated Compliance Unit, Integrated Internal Audit Unit, Maturity Level
and Integrated Risk Management Unit have been conducted
in accordance with applicable regulations. The Integrated BRI has carried out measurement of the level of maturity
Governance Committee carries out the monitoring and of the Integrated Governance of the BRI Financial
evaluation of integrated audit reports, integrated compliance Conglomerate for 2024 which was carried out in 2025 with
reports, integrated risk management reports (including the results of a maturity level of 4.06 on a scale of 5 which
integrated risk profiles), and the implementation of Integrated illustrates that the structure and process of implementing
Governance within BRI. Monitoring and evaluation are Integrated Governance are adequate and in accordance
carried out, among other ways, through the regular meetings with the provisions and the results of the management of the
of the Integrated Governance Committee (KTKT), exceeding Financial Conglomerate have been effectively implemented.
910 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 911
Annual Report
2025
BRI Compliance Maturity Assessment Results
Structure & Process
4.24 4.43
GCG Implementation and Relationship with Parties with
Change Management Financial Claims
3.51 3.74 3.52 3.74
Financial Transparency,
Stakeholder Relations Information Disclosure & Internal
Control Effectiveness
2023 = 3.86
3.75 4.01 3.90 4.18
2024 = 4.06
4.02 4.09 3.75 3.78
Quality of Strategic Planning Relationship with Parent Company
and Group Synergy
3.70 3.94
Effectiveness of Risk Management
and Compliance
2023 2024
The maturity level of Integrated Governance within the BRI Financial Conglomerate has shown improvement compared to the
previous period.
Average Governance Maturity of
BRI Governance Maturity Financial Services Institutions (LJK) Integrated Governance Maturity of BRI
within BRI’s KK
4.30 4.03 4.06
Building Block 2023 2024
Structure & Process 4.24 4.43
Relationship with Parties Having Financial Claims 3.52 3.74
Financial Transparency, Information Disclosure & Effectiveness of 3.90 4.18
Internal Controls
PT Bank Rakyat Indonesia (Persero) Tbk. 911
Page 912
Corporate
Governance
Building Block 2023 2024
Relationship with Parent Company and Group Synergy 3.75 3.78
Effectiveness of Risk Management and Compliance 3.70 3.94
Quality of Strategic Planning 4.02 4.09
Relationship with Stakeholders 3.75 4.01
Implementation of GCG (Good Corporate Governance) and Change 3.51 3.74
Management
Integrated Governance Maturity Value 3.86 4.06
Financial Conglomeration Structure and Ownership Structure of the BRI Financial
Conglomeration
BRI Financial Conglomerates’ structure was determined through a copy of the Decision of OJK’s Members of the Board
of Commissioners Number KEP-11/KS.1/2025 on September 16, 2025 regarding the Approval of PT Bank Rakyat Indonesia
(Persero) as the Holding Company of the Operational Financial Conglomerate for BRI Financial Conglomerate, where BRI
Financial Conglomerate consisted of BRI as the Holding Company of the Financial Conglomerate (PIKK) and 22 (twenty-two)
Members of the Financial Conglomerate, as follows:
PT Pegadaian Perbankan Pembiayaan Asuransi Jiwa Pembiayaan Asuransi Kerugian Modal Ventura Perusahaan Efek Manajer Investama Remittance BRI sebagai BRI sebagai
99.99% 86.85% 99.99% 51.0% 99.88% 90.00% 99.97% 67.00% 65.00% 100% pendiri pendiri
PGD sebagai Manajer Investasi Modal Ventura Bringin Dana Sejahtera Bringin Sejahtera Makmur
pendiri 99.99% 99.99% 99.73% 90.00%
Modal Ventura
99.99%
BPRS Rizky Barokah BPRS Mentari BPRS Patuh Beramal BPRS Haji Miskin
95.43% 66,19% 79,68% 58,01%
912 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 913
Annual Report
2025
In detail, information related to the Ownership structure within the BRI Financial Conglomerate (KK) is as follows:
Investment
Field of Date
No. Entity Name % Shares Address
Business (Majority)
BRI
1 BRI PIKK Commercial - Government.: Jl. Jenderal Sudirman Kav.44-46
Banks 53.19% Jakarta
Public: 46.81%
2 Bank Raya Member of Commercial 03/03/2011 BRI: 86.85% Menara BRILian
BRI KK Banks Public: 13.15% Lantai 18 dan 20
Jl. Gatot Subroto No.177 A
Jakarta 12870
3 BRI Insurance General 26/09/2019 BRI: 90% Graha BRI Insurance
Insurance BRI YKP: 10% Jl. Mampang Prapatan Raya No 18
Company Jakarta Selatan 12790
4 BRI Life Life Insurance 29/12/2015 BRI: 51.00% Graha Irama
Company FWD: 43.96% Jl. H. R. Rasuna Said Blok X-1 Kav.
BRI YKP: 5.04% 1-2, Kuningan Tim., Kecamatan
Setiabudi, Kota Jakarta Selatan,
Daerah Khusus Ibukota Jakarta
12950
5 BRI Danareksa Securities 21/12/2018 BRI: 67% Gedung BRI II Lantai 23, Jl. Jenderal
Sekuritas Companies and Danareksa (Persero): Sudirman Kav. 44-46, Jakarta 10210
Underwriters 33%
and Securities
Brokers
6 BRI Finance Financing 30/09/2016 BRI: 99.88% Menara BRILian Lantai GF, 21, 22
Company BRI YKP: 0.12% Jl. Gatot Subroto No. 177A Kav. 64
Jakarta
7 BRI Ventures Venture Capital 20/12/2018 BRI: 99.97% District 8 Office, Prosperity Tower
Company BRI YKP: 0.03% Lt 16 Unit F, SCBD Lot 28 Jl Jend
Sudirman Kav 52-53 Senayan
Kebayoran Baru Jakarta 12190
8 Pegadaian Pawn Company 13/09/2021 BRI: 99.99% Jl. Kramat Raya No.162, RT.2/RW.2,
Government.: 0.01% Kel. Kenari, Kec. Senen, Kota Jakarta
Pusat, Daerah Khusus Ibukota
Jakarta 10430
9 PNM Financing 13/09/2021 BRI: 99.99% Menara PNM
Company Government.: 0.01% Jl. Kuningan Mulia, Kuningan Center
10 BRI Securities 30/11/2022 BRI: 65% Gedung BRI II Lantai 22, Jl. Jenderal
Manajemen Company Danareksa (Persero): Sudirman Kav. 44-46 Jakarta 10210
Investasi Investment 35%
Manager field
11 BRI Global Remittance 15 Maret 2005 BRI: 100% Room 1202, 12/F, Park Avenue Tower,
Financial Company 5 Moreton Terrace, Causeway Road,
Services Causeway Bay, Hong Kong
12 Dana Pensiun Pension Funds - There is no share Gedung Menara BRIPENS Lt.8 Jalan
BRI ownership by BRI Gatot Subroto Kav.9-11 Jakarta
Selatan
13 Dana Pensiun Pension Funds - There is no share Gedung BRI II Lt.6
Lembaga ownership by BRI Jl. Jenderal Sudirman Kav. 44-46
Keuangan BRI Jakarta 10210
14 Dana Pensiun Pension Funds - There is no share Jl. Otista Raya No.68A, Jakarta Timur
Pegadaian ownership by BRI 13330
15 PNM Securities - PNM: 99.9999% Menara PNM Jalan Kuningan Mulia,
Investment Company KOPKAR: 0.0001% Kuningan Centre Lot No.1 Kav.1,
Management Investment Karet, Jakarta, Daerah Khusus
Manager field Ibukota Jakarta 12920
PT Bank Rakyat Indonesia (Persero) Tbk. 913
Page 914
Corporate
Governance
Investment
Field of Date
No. Entity Name % Shares Address
Business (Majority)
BRI
16 PNM Ventura Venture Capital - PNM: 99.9997% Menara PNM Jalan Kuningan Mulia,
Capital Company KOPKAR: 0.0003% Kuningan Centre Lot No.1 Kav.1,
Karet, Jakarta, Daerah Khusus
Ibukota Jakarta 12920
17 PNM Ventura Sharia Venture - PNM Ventura Menara PNM Jalan Kuningan Mulia,
Syariah Capital Company Capital: 99.9988% Kuningan Centre Lot No.1 Kav.1,
KOPKAR: 0.0012% Karet, Jakarta, Daerah Khusus
Ibukota Jakarta 12920
18 Bringin Insurance - BRI Pension Fund: Wisma Staco Lantai 10 Jalan
Sejahtera Brokerage 90.00% Casablanca Kav 18 Jakarta 12870
Makmur Company PT Ragam
Venturindo: 10%
19 BPR Bringin BPR - BRI Pension Fund: Jl. Ahmad Yani, RT.004/RW.003,
Dana 99.73% Marga Jaya, Kec. Bekasi Sel., Kota
Sejahtera KopKar PT BJS: Bks, Jawa Barat 17141
0.27%
20 BPRS PNM BPRS - PNM Ventura Jl. Merdeka No.54, Jayaraga, Kec.
Mentari Syariah: 66.19% Tarogong Kidul, Kabupaten Garut,
Individual: 33.81% Jawa Barat 44151
21 BPRS PNM BPRS - PNM Ventura Jl. Dr. Soedjono No.99, Lingkar
Patuh Beramal Syariah: 79,68% Selatan, Jempong Baru, Sekarbela,
Amali Individu: 20.32% Mataram
22 BPRS Rizky BPRS - PNM Ventura Jalan Bintaro Utama 9 Blok HB19
Barokah Syariah: 95.43 % No.3A Bintaro, Pd. Pucung, Kec.
Individu: 4.57% Pd. Aren, Kota Tangerang Selatan,
Banten 15229
23 BPRS Haji BPRS - PNM Ventura Jalan Raya Bukittinggi-Padang
Miskin Syariah: 58.01 % Panjang KM 10 Simpang Koto Tinggi
Individu: 41.99% Nagari Pandai Sikek Kec.X Koto Kab.
Tanah Datar
Management Structure of the Main Entity and Members of the BRI Financial
Conglomeration Position December 31, 2025
The composition of the Board of Commissioners/Supervisory Board and Board of Directors, as well as the Sharia Supervisory
Board of BRI Financial Conglomerates Members, was as follows:
PT Bank Raya Indonesia Tbk
Board of Commissioner Muhamad Sidik Heruwibowo President Commissioner
Johanes Kuntjoro Adisardjono Independent Commissioner
Retno Wahyuni Wijayanti Independent Commissioner
Nyimas Dewi Ratih Kamil Commissioner
Board of Director Ida Bagus Ketut Subagia President Director
Danar Widyantoro Director of Risk Management, Compliance &
Human Capital
Rustarti Suri Pertiwi Director of Finance
Lukman Hakim Director of Digital & Operational
Kicky Andrie Davetra Director of Business
914 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 915
Annual Report
2025
PT Asuransi BRI Life
Board of Commissioner Muhammad Syafri Rozi President Commissioner
Lau Soon Liang Commissioner
Ubaidillah Nugraha Independent Commissioner
Hari Siaga Amijarso Independent Commissioner
Board of Director - President Director
(appointed as Acting President Director:
Sutadi)
Sutadi Director of Marketing
Lim Chet Ming Director of Finance
- Director of Compliance & Legal
Andrew Bain Director of Operational
PT BRI Asuransi Indonesia
Board of Commissioner Kris Hananto President Commissioner
Benny Imam Safii Independent Commissioner
Wahab Talahu Independent Commissioner
Board of Director R. Budi Legowo President Director
- Director of Technical
Sony Harsono W.S Director of Operational and Finance
Heri Supriyadi Director of Compliance and Risk
Management
Recky Plangiten Director of Business
PT BRI Multifinance
Board of Commissioner - Acting President Commissioner
(appointed as Acting President
Commissioner: Sigit Murtiyoso)
- Commissioner
Diah Defawati Independent Commissioner
Board of Director Wahyudi Darmawan President Director
Primartono Gunawan Director of Business
- Director of Operational
Ari Prayuwana Director of Risk Management
PT Bank Rakyat Indonesia (Persero) Tbk. 915
Page 916
Corporate
Governance
PT BRI Danareksa Sekuritas
Board of Commissioner - President Commissioner
Donsuwan Simatupang Independent Commissioner
Board of Director - President Director
(appointed as Acting President Director: Fifi
Virgantria)
Fifi Virgantria Director of Retail & Information Technology
- Director of Investment Banking Advisory and
(appointed as Acting Director of Investment Investment Banking Capital Market
Banking Advisory and Investment Banking
Capital Market: Sirih Wahyono)
Sirih Wahyono Director of Finance & Risk Management
PT BRI Ventura Investama
Board of Commissioner - President Commissioner
Agoosh Yoosran Independent Commissioner
Henri Independent Commissioner
Board of Director - President Director
(appointed as Acting President Director:
Markus Liman Rahardja)
- Director of Finance
(appointed as Acting Director of Finance:
Indra Bayu Gunawan)
Markus Liman Rahardja Director of Venture Investment
PT Pegadaian
Board of Commissioner Anto Mukti Putranto President Commissioner
Mei Ling* Commissioner
Kukrit Suryo Wicaksono Independent Commissioner
Trimedya Panjaitan Independent Commissioner
Martina Independent Commissioner
Syafa’at Perdana Commissioner
Loto Srinaita Ginting Commissioner
Umiyatun Hayati Triastuti Commissioner
Board of Director Damar Latri Setiawan President Director
Budi Wahju Soesilo Vice President Director
Ferdian Timur Satyagraha Director of Finance & Strategic Planning
Eka Pebriansyah Director of Network and Operation
Selfie Dewiyanti Director of Marketing, Sales, and Product
Development
Ismail Ilyas Director of Risk Management, Legal &
Compliance
Tribuana Tunggadewi Director of Human Capital
Yos Iman Jaya Dappu Director of Information Technology and
Digital
*) effective after obtaining approval of the Fit and Proper Assessment from the Financial Services Authority
916 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 917
Annual Report
2025
PT Permodalan Nasional Madani
Board of Commissioner Drajad Hari Wibowo President Commissioner /Independent
Commissioner
Veronica Colondam Independent Commissioner
Iwan Taufiq Purwanto Commissioner
Nurhaida Independent Commissioner
Anas Puji Istanto Commissioner
Ardhya Pratiwi Setiowati Commissioner
Board of Director Arief Mulyadi President Director
Sunar Basuki Director of Operational
Kindaris Director of Business
Yusron Avivi Director of Digital and Information
Technology
Sahat Pangabahan Pangaribuan Director of Finance and Risk Management
Henry Y. K. Pangemanan Director of Human Capital and Compliance
PT BRI Manajemen Investasi
Board of Commissioner - President Commissioner
- Independent Commissioner
(Appointed as Acting Independent
Commissioner: Kahlil Rowter)
Board of Director Arief Budiman* President Director
Ira Irmalia Sjam Director
*) effective after obtaining approval of the Fit and Proper Assessment from the Financial Services Authority
PT PNM Investment Management
Board of Commissioner Tjatur H. Priyono President Commissioner
Adi Nugraha Commissioner
Supervisory Board Prof. Dr. K.H. Didin Hafidhuddin, M.S Chairman
Prof. Dr. Muhammad Syafii Antonio, M.Ec. Member
Board of Director Ade Santoso Djajanegara President Director
Solahuddin Director
Tony Wijayanto Director
PT PNM Venture Capital
Board of Commissioner Agus Wibowo President Commissioner
Didik Krisdiyanto Independent Commissioner
Board of Director Rahfie Syaefulshaaf President Director
Feber Netyantaka Director of Finance & Risk Management
Prasetyo Heru Director of Business
PT Bank Rakyat Indonesia (Persero) Tbk. 917
Page 918
Corporate
Governance
PT PNM Venture Syariah
Board of Commissioner Abianti Riana President Commissioner /Independent
Commissioner
Anton Fahlevie Commissioner
Supervisory Board Prof. Dr. K.H. Didin Hafidhuddin, M.S Chairman
H. Hendri Tanjung, Ph.D Member
Board of Director Ananto Seno President Director
Akhmad Suhandi Director of Finance Risk and Operational
Bambang Martanto Director of Business
Dana Pensiun BRI
Supervisory Board Carang Thombara Putra Vice Chair and Members of the Supervisory
Board
Yusuf Widiasmoro Member of the Supervisory Board
- Sharia Supervisory Board
Board of Director Ngatari President Director
Martua Hanry K Panggabean Director of Money Market and Capital Market
Investment
Wahju Widiono Director of Finance, Human Capital and
Information Technology
Prasetya Sayekti* Director of Direct Participation Investment
and Property
*) effective after obtaining approval of the Fit and Proper Assessment from the Financial Services Authority
Dana Pensiun Lembaga Keuangan BRI
Supervisory Board - Chairperson of the Supervisory Board
Bustomi Member of the Supervisory Board
Prof. Amin Suma Sharia Supervisory Board
Pengurus Arie Sus Miyanti Chairman of the Board of Directors, taking
charge of Risk Management and Compliance
Functions
Diah Rahmaputri Member of the Board of Management taking
charge of Investment and Finance Functions
I Dewa Putu Adi Wijaya Murti Management of the Funding Function
BRI Global Financial Services Co. Ltd.
Board of Director - Non Executive Director
Dimas Hendrasaputra Executive Director
PT BPR Bringin Dana Sejahtera
Board of Commissioner Agus Ahdiyat President Commissioner
Toni Rohmadi Commissioner
Board of Director Ade Imron President Director
Joni Sukendro Director of Operations taking charge of
Compliance Function
918 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 919
Annual Report
2025
PT BPR Syariah Rizky Barokah
Board of Commissioner Muhammad Djufri President Commissioner
Mohammad Amin Commissioner
Supervisory Board Hendri Tanjung Chairperson of the Supervisory Board
Dadang Romansyah Member of the Supervisory Board
Board of Director Andi Irnawati Ibrahim President Director
Asep Rianto Director in Charge of the Compliance
Function
PT BPR Syariah Haji Miskin
Board of Commissioner Sjafril Ruslim Commissioner
Supervisory Board Soedirman Chairperson of the Supervisory Board
Syafruddin Halimy Kamaluddin Member of the Supervisory Board
Board of Director Hendri Kamal President Director
Muhammad Nursal Director
Hadi Nurhendra Director
PT BPR Syariah PNM Patuh Beramal Amali
Board of Commissioner Ir. Anis Mujahid Akbar President Commissioner
Siswo Pujono, Ak Commissioner
Supervisory Board Bohri Rahman, Lc., MA Chairperson of the Supervisory Board
Mastur, S.Pd Member of the Supervisory Board
Board of Director Yanuar Alfan, SE President Director
- Director of Compliance
PT BPR Syariah PNM Mentari
Board of Commissioner Hersam Sudarisman President Commissioner
KH. Abdul Salim, Lc Commissioner
Supervisory Board Prof Dr H Yadi Janwari, MA Chairman
Khozin Abu Faqih Member
Board of Director Muhammad Haikal President Director
Yali Supyali Director
PT Bringin Sejahtera Makmur
Board of Commissioner Hasanuddin President Commissioner
Zeni Hadi P Commissioner
Board of Director I Wayan Nasta President Director
Febriyanto Rahardjo Director of Marketing
- Director of Operational
PT Bank Rakyat Indonesia (Persero) Tbk. 919
Page 920
Corporate
Governance
Dana Pensiun Pegadaian
Supervisory Board R. Swasono Amoeng Widodo Chairman
Mufri Yandi Member
Direksi Hermawan Aries Andi* President Director
Hananto Director of Finance
M. Andi Ibrahim S. Director of Operational
*) effective after obtaining approval of the Fit and Proper Assessment from the Financial Services Authority
Composition of BRI Integrated Board of Commissioners of Financial Holding Company
Governance Committee as of In implementing Integrated Governance, BRI’s Board of
December 31, 2025 Commissioners has duties and responsibilities, including:
1. Supervising the implementation of Integrated Governance
The Integrated Governance Committee within the BRI in BRI Financial Conglomerates in accordance with
Financial Conglomeration is a supporting body for the the General Policy of Integrated Governance and its
Main Entity’s Board of Commissioners in supervising the derivative policies.
implementation of Integrated Governance within the BRI 2. Supervise the implementation of the duties and
Financial Conglomeration. The composition of the Integrated responsibilities of the PIKK Board of Directors, and
Governance Committee consists of: provide direction or advice to the PIKK Board of Directors
1. Independent Commissioner, acting for the Chairman of regarding the implementation of Integrated Governance
one of the Committees of the Board of Commissioners of policies, which include aspects such as, among others:
Financial Holding Company. a. Integrated Compliance;
2. An Independent Commissioner representing and b. Integrated Risk Management;
appointed from each Member of the BRI Financial c. Integrated Internal Audit;
Conglomeration, as a Member. d. Strategic Planning and Performance Management;
3. An Independent Party, as a Member. e. Policy Formulation and Alignment; and
4. A member of the Sharia Supervisory Board from each f. Relationships with Stakeholders.
member of the BRI Financial Conglomeration, as a Based on reporting by the Director and/or Head of
Member if they have sharia business activities. the relevant Business Unit as well as the results of
evaluations carried out by the Integrated Governance
In accordance with Decree Nokep: 11-KOM/BRI/11/2025 on Committee every semester.
November 3, 2025 regarding the Composition of Members 3. Evaluate the Integrated Governance Guidelines and
of the Integrated Governance Committee of PT Bank provide direction and recommendations in order to
Rakyat Indonesia (Persero) Tbk, the composition of the improve the Integrated Governance Guidelines.
Integrated Governance Committee as of December 31, 2025 4. Oversee the implementation of Internal Audit for Financial
was submitted by referring to the Chapter of Corporate Conglomeration Members so that it is in line with the
Governance, Sub-Chapter of Corporate Governance PIKK Internal Audit policy.
Structure and Mechanism. 5. Carry out supervision over the implementation of other
Integrated Governance functions in accordance with
the provisions of laws and regulations, the articles of
Duties and Responsibilities of BRI’s association and/or decisions of the GMS/Capital Owners.
Integrated Governance Organs 6. Conduct evaluations and provide recommendations to
PIKK and Member of BRI Financial Conglomerates based
Based on OJK Regulation No.18/POJK.03/2014 dated on reports and evaluations submitted by the Director and/
November 18, 2014 concerning the Implementation of or Head of Business Unit related to BRI and the results
Integrated Governance for Financial Conglomerates and of evaluations carried out by the Integrated Governance
referring to the General Policy of Integrated Governance Committee every semester.
for BRI Financial Conglomerates, Integrated Governance 7. Supervise, evaluate and ensure that the Integrated
organs in the Financial Holding Company and Financial Governance Committee carries out its duties effectively.
Conglomerates Members have duties and responsibilities 8. Provide approval for actions within the scope of authority
related to the implementation of Integrated Governance, of the Board of Commissioners in accordance with BRI’s
namely as follows: Articles of Association relating to the management of BRI
Financial Conglomeration Members.
920 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 921
Annual Report
2025
9. Providing approval for Financial Conglomerates Plan 1. Evaluate the implementation of integrated governance
drafted by the Directors of PIKK through an assessment of the adequacy of internal
10. Carry out other duties and responsibilities related to the control, implementation of compliance functions and
management of BRI Financial Conglomerate Members implementation of integrated risk management, as
in accordance with the provisions of the Articles of well as the implementation of other relevant integrated
Association, GMS Resolutions, Board of Commissioners aspects, including the fulfillment of sharia principles
Work Procedure Guidelines, and applicable laws and from Financial Conglomerate LJKs that have sharia
regulations. businesses.
2. Provide recommendations to the Board of Commissioners
Directors of PIKK of the PIKK for improvements to the Integrated
In implementing Integrated Governance, the Directors of Governance Guidelines if necessary;
PIKK have duties and responsibilities, including: 3. Provide strategic input to the Board of Commissioners
1. Prepare and refine the Integrated Governance Guidelines of the PIKK to be submitted to the Board of Directors
based on the direction and/or recommendation of the of the PIKK regarding the implementation of Integrated
PIKK Board of Commissioners; Governance.
2. Direct, monitor and evaluate the implementation of the 4. Submit the evaluation results of the Self-Assessment
Integrated Governance Guidelines; Report on the Implementation of Integrated Governance
3. Follow up on directions or advice from the PIKK Board (Self-Assessment) every semester to the Directors of the
of Commissioners in the context of evaluating the PIKK.
implementation of Integrated Governance. 5. Submit the evaluation results of the Annual Report on the
4. Monitor and evaluate the implementation of integrated Implementation of Integrated Governance to the PIKK
governance including integrated compliance, integrated Board of Commissioner.
internal audit, integrated risk management, performance of 6. Communicate with the Integrated Business Unit through
Subsidiary Companies, as well as other integrated aspects. the relevant Directors in charge of the function, to obtain
5. Provide direction and recommendations for the the necessary information, clarification and reports.
implementation of Integrated Governance including
performance evaluation. Director of BRI Financial Conglomerates Management
6. Ensure alignment of strategic plans between the PIKK 1. Developing and establishing a consistent BRI Financial
and BRI Financial Conglomerate Members. Conglomerates’ strategy and risk appetite for each
7. Holding a GMS in the event that there is a corporate action member of BRI Financial Conglomerates.
or other matter related to the management of the Subsidiary 2. Improving and implementing a compliance monitoring
Company that requires obtaining GMS decision. framework for members of BRI Financial Conglomerates.
8. Prepare BRI’s Long Term Plan and Company Work and 3. Assessing the strategy and risk appetite of members of
Budget Plan, including those relating to the management BRI Financial Conglomerates to ensure alignment with
of Financial Conglomeration Members. the overall strategy and risk appetite of BRI Financial
9. Ensure the implementation of synergy within the BRI Conglomerates.
Financial Conglomeration environment between BRI and 4. Conducting periodic reviews of BRI Financial
Financial Conglomeration Members and/or between Conglomerate’s strategy and risk appetite at least
Financial Conglomeration Members. annually to ensure their relevance to the development of
10. Ensure that audit findings and recommendations from BRI Financial Conglomerates and making adjustments in
the integrated internal audit business unit, external the event of material changes.
auditors, OJK supervision results and/or other authorities 5. Supervising members of BRI Financial Conglomerates,
are followed up by the PIKK and Members of the BRI while maintaining the responsibilities and governance of
Financial Conglomerate. each individual member.
11. Carry out other duties and responsibilities related to the 6. Ensuring compliance with regulations and that corrective
management of Financial Conglomeration Members actions taken by members of BRI Financial Conglomerates
in accordance with the provisions of the Articles of are performed in accordance with regulations.
Association, GMS Resolutions, Board of Commissioners 7. Implementing prudent principles, including good
Work Procedure Guidelines, and applicable laws and corporate governance and risk management within BRI
regulations. Financial Conglomerates.
8. Participating in supporting the implementation of sound
Integrated Governance Committee and competitive business activities of BRI Financial
In implementing Integrated Governance, the BRI Integrated Conglomerates Members, being free from conflicts of
Governance Committee has duties and responsibilities, interest, and maintaining the business sustainability of
including: BRI Financial Conglomerates Members.
PT Bank Rakyat Indonesia (Persero) Tbk. 921
Page 922
Corporate
Governance
Co-Director of BRI Financial Conglomerates Management Financial Conglomerates Management Business Unit
Conducting duties, responsibilities and authorities in 1. Taking responsibility for managing the Planning,
accordance with the determination and delegation of the Performance Management, Synergy, and Governance of
Director of BRI Financial Conglomerates Management. BRI Financial Conglomerates Member and coordinating
BRI Financial Conglomerates Management carried out
Director of BRI Financial Conglomerates Member by the Integrated Business Unit, which includes aspects
Supervision of Integrated Compliance, Integrated Risk Management,
1. Serving as a mentor and supervising the alignment of Integrated Internal Audit, Integrated Human Capital, and
BRI’s strategy with BRI Financial Conglomerates Member, Integrated Information Technology.
including the implementation of strategic plans and KPI 2. Organizing the Implementation of BRI Financial
achievement for BRI Financial Conglomerates Member Conglomerates Governance Committee and the Capital,
where the Board of Directors is appointed as Director of Investment & Strategy Sub-Committee, and coordinating
Supervision. the implementation of the Integrated Compliance
2. Serving as a mediator for aspirations and issues Sub-Committee, Integrated Risk Management Sub-
experienced by BRI Financial Conglomerates Member, Committee, Integrated Internal Audit Sub-Committee,
where the Board of Directors is appointed as Director of Integrated Human Capital Sub-Committee, and
Supervision, related to their relationship with BRI. Integrated Information Technology Sub-Committee,
3. Monitoring the implementation of risk management within together with the in-charge Integrated Business Unit.
BRI Financial Conglomerates Member, in conjunction
with the Integrated Risk Management Business Unit, Integrated Compliance Unit
including providing guidance on establishing RAS and In implementing Integrated Governance, the Integrated
monitoring its utilization. Compliance Unit has duties and responsibilities, including:
4. Escalating issues or aspirations from BRI Financial 1. Monitor and evaluate the implementation of the
Conglomerates Member, where the Board of Directors compliance function at Member of a Financial
is appointed as Director of Supervision, related to their Conglomerate.
relationship with BRI, to Board of Directors meetings. 2. Provide input to the Director of Legal and Compliance
5. Presenting strategic policies decided/agreed upon in implementing the compliance function within the BRI
by the Board of Directors of PIKK to the BRI Financial Financial Conglomerate.
Conglomerates Member, where the Board of Directors is 3. Submit recommendations for improving the
appointed as Director of Supervision. implementation of the compliance function at the member
6. Collaborating with the Integrated Business Unit, of the BRI Financial Conglomerate of Financial Service
supervising the follow-up to the resolution of audit Institution based on the results of the evaluation report
findings and/or commitments resulting from authority on the duties and responsibilities of the Compliance Unit
supervision within BRI Financial Conglomerates Member in each member of the BRI Financial Conglomerate.
where the Board of Directors is appointed as Director of 4. Carry out and coordinate the implementation of the
Supervision. Integrated Governance Self-Assessment every semester
in the context of reporting to the OJK.
Financial Conglomerates Governance Committee 5. Submit the Annual Report on the Implementation of
Taking responsibility for the alignment of the implementation Integrated Governance to the regulator in a timely
of Integrated Governance (performance, governance, manner.
compliance, risk management and internal audit) and 6. Periodically assess the level of maturity in implementing
supervising BRI Financial Conglomerates, Coordination of the the compliance function at the BRI Financial Conglomerate
implementation of control, consolidation and responsibility of Financial Service Institution.
for BRI Financial Conglomerates’ activities, Implementation 7. Conduct and coordinate the implementation of
of the prudential principle in BRI Financial Conglomerates evaluations of the BRI Financial Conglomerate’s
comprehensively, Management of the relationship of BRI Integrated Governance Policy.
Financial Conglomerates with the wider group, if PIKK is 8. Convey the latest relevant provisions/regulations
part of a wider group structure, Fulfillment of resources for to members of the BRI Financial Conglomerate for
each member of BRI Financial Conglomerates, with Sub information and for follow-up.
Committees consisting of the Capital, Investment & Strategy 9. Prepare and submit a report on the results of the
Sub Committee, Integrated Human Capital Sub Committee, evaluation of the implementation of the duties and
Integrated Compliance Sub Committee, Integrated Internal responsibilities of the Integrated Compliance Function
Audit Sub Committee, Integrated Risk Management Sub to the Director of Legal and Compliance, the Director
Committee and Integrated Information Technology Sub of BRI, and the Director of BRI Financial Conglomerates
Committee. Management and/or Co-Director of BRI Financial
Conglomerates Management.
922 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 923
Annual Report
2025
10. Communicate and coordinate with the Compliance 1. Assist the duties of the Director of PIKK, the Board of
Unit of members of the BRI Financial Conglomeration Commissioners of PIKK, and the Integrated Governance
periodically, at least 2 (two) times a year in order to carry Committee in supervising the implementation of the internal
out their duties. audit function within the BRI Financial Conglomerate.
11. Coordinate with the Compliance Unit of members of the 2. Conducting analyses and assessments in finance,
BRI Financial Conglomeration in the event that there is accounting, operations, and other activities through
an escalation of problems related to compliance that independent, objective, and professional audits at levels
requires the support of Financial Conglomerate Holding of the Company’s business units, as well as conducting
Company in resolving them. special audits, if necessary.
3. Testing and evaluating the implementation of internal
Integrated Risk Management Business Unit control, risk management, and governance processes in
In implementing Integrated Governance, the Integrated Risk accordance with Company policies.
Management Business Unit has duties and responsibilities, 4. Conducting audits and assessments of the efficiency and
including: effectiveness of finance, accounting, operations, human
1. Providing recommendations to the PIKK Board of resources, information technology, and other activities..
Directors and the Integrated Risk Management Sub- 5. Providing recommendations for improvement and objective
Committee on the development and refinement of information on audited activities at management levels.
Integrated Risk Management policies. 6. Drafting standards for implementing an integrated
2. Monitoring the implementation of Integrated Risk internal audit function that, minimally, cover the matters
Management policies, including developing procedures stipulated in the Internal Audit Professional Standards as
and tools for risk identification, measurement, monitoring, a guideline for Internal Audit in performing its duties.
and control. 7. Developing a program to improve the quality of the internal
3. Supervising risks on BRI Financial Conglomerates audit function and assess the maturity level of the Internal
Member. Audit Unit (SKAI) of Financial Conglomerates Member.
4. Conducting integrated stress testing. 8. Supervising the implementation of the internal audit
5. Reviewing periodically to ensure: function within BRI Financial Conglomerates, including,
a. risk assessment methodology accuracy. minimally as follows:
b. adequacy of management information system a. Audit Activity Reports and Audit Result Key Reports
implementation. for BRI Financial Conglomerates Member;
c. policies and procedures accuracy, and the b. Areas experiencing significant increases in risk
establishment of integrated risk limits. and significant fraud incidents within BRI Financial
6. Providing opinions on proposed investments and Conglomerates Member;
divestments of BRI Financial Conglomerates Member c. The quality of the Internal Audit Unit (SKAI) of BRI
that are strategic and significantly impact integrated risk Financial Conglomerates members, including but
exposure. Opinions focus on the ability to manage risk not limited to audit methods and procedures, human
exposure, including the completeness of the systems capital, and audit tools.
and procedures used and their impact on overall risk d. Assessment of the maturity level of the internal audit
exposure. function of BRI Financial Conglomerates Member.
7. Providing information to the Integrated Risk Management e. Implementation of Quality Assurance and Monitoring
Sub-Committee on matters requiring follow-up related to of follow-up improvements
the evaluation results of the implementation of Integrated 9. Integrated Internal Audit Business Unit communicates with
Risk Management, including the magnitude and Internal Audit Business Unit members of the BRI Financial
maximum risk exposure that require the attention of the Conglomeration regularly, at least 2 (two) times a year
PIKK Board of Directors or BRI Financial Conglomerates regarding the results of audits of Internal Audit Business
Member. Unit members of the BRI Financial Conglomeration, issues
8. Preparing and submitting reports on the Integrated Risk or problems that have a significant impact on the conditions
Profile, Integrated Capital Adequacy and Consolidated of members of the BRI Financial Conglomeration and
Sound Level periodically to the PIKK Board of Directors developments carried out by Internal Audit Business Unit
within the Integrated Risk Management Sub-Committee members of the Financial Conglomeration in order to
and to the OJK. provide added value to the Company.
10. Reporting significant findings to the President Director
Integrated Internal Audit Business Unit and Board of Commissioners of PIKK through the Audit
In implementing Integrated Governance, the Integrated Audit Committee of PIKK, with copies sent to the PIKK Director
Business Unit has duties and responsibilities, including: in charge of compliance, the Director in charge of the
Financial Conglomerate’s management function, and
PT Bank Rakyat Indonesia (Persero) Tbk. 923
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Corporate
Governance
the President Directors of the Financial Conglomerates Governance within BRI Financial Conglomerates to
Member for prompt corrective action. ensure its effective and consistent implementation
11. The Integrated Internal Audit Unit (PIKK) aligns the across all member entities.
implementation of internal audits within the Financial 3. Conducting ongoing monitoring and supervising
Conglomerates Member in an integrated manner Integrated Information Technology Governance
by determining audit implementation strategies and implementation activities to ensure compliance with
formulating internal audit principles, including audit established policies, standards, and targets.
methodology and quality control implementation steps. 4. Conducting regular evaluations of the effectiveness
12. The Integrated Internal Audit Unit (PIKK) submits the of Integrated Information Technology Governance
Integrated Internal Audit Implementation and Key Points implementation, including identifying issues, risks, and
of Results Report (Integrated Internal Audit Report) to the opportunities for continuous improvement to enhance
PIKK President Director, PIKK Board of Commissioners, the quality of IT governance.
and the PIKK Director in charge of compliance, with a 5. Developing and establishing Information Technology
copy submitted to the PIKK Audit Committee and the governance maturity levels and technology standards to
PIKK Integrated Governance Committee. be adopted by BRI Financial Conglomerates Member as
a reference for IT development and management.
Integrated Human Capital Business Unit 6. Implementing information technology maturity
To perform BRI Financial Conglomerates Management (KK), measurement and technology standards across BRI
Integrated Human Capital Business Unit has duties and Financial Conglomerates Member systematically and
responsibilities in managing synergy of Human Capital (HC) integratedly.
aspects, comprising of: 7. Performing regular monitoring and reviewing gaps in IT
1. Developing and reviewing BRI’s Integrated HC strategies maturity measurements and technology standards, and
and policies, including: encouraging the development and implementation of
a. Short-, medium-, and long-term BRI’s Integrated HC corrective action plans for BRI Financial Conglomerates
management strategies; Member.
b. BRI’s Integrated HC governance and management 8. Developing, implementing, monitoring, and evaluating
policies. BRI Financial Conglomerates Information Technology
2. Performing BRI Financial Conglomerates Integrated HC Synergy to improve efficiency, effectiveness, and
management function, including: optimizing IT resource utilization across entities.
a. Internalizing and disseminating BRI’s Integrated HC 9. Managing and coordinating the activities of the Financial
management policies; Conglomerate Integrated Information Technology Sub-
b. Proposing talent for BRI’s Financial Conglomerates Committee, including agenda planning, facilitating
Member Management; strategic discussions, and following up on resulting
c. Proposing remuneration for BRI’s Financial decisions and recommendations.
Conglomerates Member Management; 10. Providing IT consulting and mentoring services to BRI
d. Proposing individual performance assessments for Financial Conglomerates Member regarding strategy,
Assigned Workers of BRI’s Financial Conglomerates governance, architecture, security, and IT development
Member; in accordance with integrated policies.
e. Managing BRI’s Financial Conglomerates Member 11. Coordinating with relevant business units within the
Worker capability improvement programs; integrated scope and acting as a single point of contact
3. Monitoring and evaluating the implementation of BRI (SPOC) for BRI Financial Conglomerates Integrated
Financial Conglomerates Integrated HC’s policies and Information Technology activities.
strategies management periodically, when necessary. 12. Preparing and submitting periodic progress reports on
the implementation of BRI Financial Conglomerates
Integrated Information Technology Business Unit Integrated Information Technology Governance to
To perform the implementation of Integrated Governance, management and relevant stakeholders (the Board of
Integrated Information Technology Business Unit has duties Directors of PIKK ).
and responsibilities as follows:
1. Developing, formulating, and establishing Integrated Board of Commissioners of Members of the BRI Financial
Information Technology Governance provisions that Conglomerate
align with regulatory requirements, best practices, The duties and authority of the Board of Commissioners
and business needs for BRI Financial Conglomerates of members of the BRI Financial Conglomeration in
Member. implementing Integrated Governance refer to the Articles of
2. Executing and coordinating the implementation of Association of members of the BRI Financial Conglomeration,
the established Integrated Information Technology Work Guidelines and Rules for members of the BRI Financial
924 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
Conglomeration, internal regulations for other members of Governance, the Board of Directors, members of the BRI
the BRI Financial Conglomeration, as well as the provisions Financial Conglomeration, have duties and responsibilities,
of applicable laws and regulations. including:
1. Carry out all actions related to the management of
In implementing Governance integration, the Board members of the BRI Financial Conglomeration in
of Commissioners, members of the BRI Financial accordance with the aims and objectives of the members
Conglomeration, have duties and responsibilities, including: of the BRI Financial Conglomeration.
1. Supervise the implementation of governance, policies, 2. Manage members of the BRI Financial Conglomeration
duties and responsibilities of the Board of Directors of in terms of operations, business, human capital, risk
members of the BRI Financial Conglomerate as well management, finance, information technology, internal
as follow up on audit results from internal and external control systems, and other management aspects related
parties. to the businesses of members of the BRI Financial
2. Provide advice to the Board of Directors of members of Conglomeration.
the BRI Financial Conglomerate regarding development 3. Organize a GMS for members of the BRI Financial
plans for members of the BRI Financial Conglomerate, Conglomerate in accordance with the procedures
Company Long Term Plan, Company Work and Budget stipulated in the Articles of Association and statutory
Plan, Policies, Articles of Association and GMS Decisions regulations.
of members of the BRI Financial Conglomerate. 4. Prepare Company Long Term Plan and Company Work
3. Form a committee and/or appoint parties to carry out and Budget Plan for members of the BRI Financial
functions that support the duties and responsibilities Conglomerate.
of the Board of Commissioners of members of the BRI 5. Implementing governance principles including
Financial Conglomerate which include at least: compliance with sharia principles of the BRI Financial
a. Audit Monitoring; Conglomerate Subsidiary Company which is a sharia
b. Compliance Monitoring; and entity.
c. Risk Management Monitoring 6. Follow up on audit findings by internal and external
4. Hold meetings of the Board of Commissioners parties.
in accordance with the provisions of the Articles 7. Ensure the availability of work regulations for members
of Association of members of the BRI Financial of the BRI Financial Conglomeration;
Conglomeration and/or internal regulations of members 8. Align the strategies of BRI Financial Conglomerate
of the BRI Financial Conglomeration which include members with the strategies of PT Bank Rakyat Indonesia
frequency, presence of members of the Board of (Persero) Tbk.
Commissioners, and procedures for decision making. 9. Implement synergy policies within the members of the
5. Form work guidelines for the Board of Commissioners for BRI Financial Conglomeration.
members of the BRI Financial Conglomerate. 10. Implement BRI policies relating to members of the BRI
6. Provide approval for actions within the scope of authority Financial Conglomerate.
of the Board of Commissioners of members of the 11. Form committees under the Board of Directors of
BRI Financial Conglomerate in accordance with the members of the BRI Financial Conglomeration if
Articles of Association of members of the BRI Financial necessary.
Conglomerate. 12. Organize Board of Directors meetings in accordance
7. Carry out other tasks stipulated in the Articles with the provisions of the Articles of Association of
of Association of members of the BRI Financial members of the BRI Financial Conglomeration and/
Conglomeration, the GMS Resolutions of members of the or internal regulations of members of the BRI Financial
BRI Financial Conglomeration, and applicable laws and Conglomeration which include frequency, attendance of
regulations. members of the Board of Directors, and procedures for
decision making.
Board of Directors of Members of the BRI Financial 13. Carry out other duties and responsibilities stipulated in the
Conglomerate Articles of Association of members of the BRI Financial
The duties and authority of the Board of Directors of members Conglomerate, the GMS Resolutions of members of
of the BRI Financial Conglomeration in implementing the BRI Financial Conglomerate, or applicable laws and
Integrated Governance refer to the Articles of Association of regulations.
the members of the BRI Financial Conglomeration, the Work
Guidelines and Regulations for members of the BRI Financial Sharia Supervisory Board
Conglomeration, internal regulations for members of the The Sharia Supervisory Board has at least the following
BRI Financial Conglomeration, as well as the provisions of duties and responsibilities:
applicable laws and regulations. In implementing Integrated
PT Bank Rakyat Indonesia (Persero) Tbk. 925
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Corporate
Governance
1. Provide advice and suggestions to the Board of Directors • Exposure to controlling shareholders,
and supervise Financial Service Institutions’ activities so including loan and off-balance sheet
that they comply with sharia principles. exposures such as guarantees and
2. Provide advice and suggestions to the Board of Directors commitments.
and supervise Financial Service Institutions’ activities so • Purchase or sale of BRI assets to a Financial
that they comply with sharia principles. Services Institution (LJK) from another LJK
within the Financial Conglomerate.
• Risk transfer through reinsurance.
Intra Group Transaction Policy • Transactions to transfer third-party risk
(Identifying, Managing and Mitigating exposures between a Financial Services
Intra Group Transactions) Institution (LJK) and another LJK within the
Financial Conglomerate.
Intragroup Transaction Policy and Management b. The intra-group risk identification process
Interconnectivity between entities, including the PIKK is carried out by conducting an analysis of
and members of the Financial Conglomerate, creates a each type of intra-group transaction in the BRI
mutually supportive business ecosystem and encourages Financial Conglomerate business, which among
the formation of various intragroup transactions. Intragroup others may be based on past loss experiences
Transactions are defined as financial or non financial that have occurred.
transactions conducted between entities within a single 2. Intra-group Risk Measurement
Financial Conglomerate. a. In order to carry out Intra-group Risk
measurement, PIKK carries out:
To support the implementation of Intragroup Transactions, • periodic evaluation of the suitability of
BRI has established robust governance and possesses assumptions, data sources, and procedures
guidelines and provisions for transaction execution prepared used to measure risk, in accordance with
in accordance with regulatory requirements. Furthermore, business developments and external
in conducting Intragroup Transactions, the PIKK and every conditions that affect the financial condition
member of the Financial Conglomerate are required to meet of the Financial Conglomerate; and
the criteria for healthy Intragroup Transactions by observing • improvements to the risk measurement
the Arm’s Length Principle or Prinsip Kewajaran dan method if there are changes in factors that
Kelaziman Usaha (PKKU). In detail, BRI’s internal regulations materially and significantly affect the risk,
govern matters related to: including the addition of a new business line
that could affect the financial condition of the
A. Intragroup Risk Management Financial Conglomerate.
Intra-group Transaction Risk is the risk resulting from b. Risk measurement methods and systems can
the dependence of an entity, either directly or indirectly, be carried out quantitatively and/or qualitatively
on another entity in a Financial Conglomerate in order to which are used to measure BRI‘s KK risk exposure
fulfill written or unwritten agreement obligations that are as a reference for carrying out control.
followed by the transfer of funds and/or are not followed c. The selection of measurement methods and
by the transfer of funds. systems is adjusted to the characteristics and
complexity of the Financial Conglomerate‘s
Intragroup Risk Management is implemented through: business activities.
1. Intra-group Risk Identification d. Measurement methods and systems must at
a. PIKK periodically identifies all intra-group risks least be able to measure:
of the Financial Conglomerate using a method • sensitivity of the Financial Conglomerate to
or system to identify risks in the Financial changes in influencing factors, both in normal
Conglomerate. Intra-group transaction risks may and abnormal conditions;
arise from, among others: • tendencies of changes in the factors in
• Cross-ownership between entities in BRI’s question based on fluctuations that occurred
KK. in the past and their correlation;
• Centralization of short-term liquidity • individual risk levels;
management. • overall risk exposure and per type of risk,
• Guarantees, loans, and commitments taking into account the interrelationships
provided or obtained by a Financial Services between types of risk; and
Institution (LJK) from other Financial Services • all risks inherent in all BRI KK transactions
Institution within the Financial Conglomerate. that can be integrated into the Management
Information System.
926 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
e. The risk measurement process must clearly C. Pricing/Tariff Setting and Implementation of the Arm’s
contain the validation process, validation Length Principle (PKKU) for Intragroup Transactions
frequency, data and information documentation In determining tariffs or prices for Intragroup Transactions,
requirements, and evaluation requirements for all entities within the Financial Conglomerate are required
the assumptions used, before a methodology is to observe the fulfillment of the Arm’s Length Principle
applied by KK BRI. while continuing to consider external and internal
3. Intra-group Risk Monitoring regulations to ensure that pricing remains within a fair
a. PIKK monitors the magnitude of risk exposure, range.
risk tolerance, limit compliance, and stress test
results as well as consistency of implementation
with established policies, procedures, and limits. Implementation of Integrated
b. PIKK prepares an effective back-up system and Governance In 2025
procedures to prevent disruptions in the risk
monitoring process, and periodically checks and 1. Strengthening the Implementation of Integrated
re-evaluates the backup system. Governance of Financial Conglomerates
c. In order to carry out risk monitoring, PIKK carries In 2025, enhancements and strengthening of the
out: implementation of Integrated Governance within the BRI
• evaluation of risk exposure through Financial Conglomeration were carried out, including:
monitoring and reporting of risk exposures a. Updating of the BRI Financial Conglomerate
that are material or have an impact on the Structure in alignment with POJK No. 30 of 2024
capital conditions of BRI’s KK; and concerning Financial Conglomerates and Financial
• improvement of the reporting process and Conglomerate Parent Companies. The Financial
scope, including if there are changes in Conglomerate Structure has received approval from
business activities, products, transactions, the OJK through OJK Decree No. KEP-11/KS.1/2025
risk factors, information technology and dated September 16, 2025, concerning the Approval
Integrated Risk Management Information of BRI as the Financial Conglomerate Parent
Systems that are material. Company (PIKK) of the BRI Financial Conglomerate.
4. Intra-group Risk Control b. The enhancement of Financial Conglomerate
a. PIKK determines the Risk Appetite and Intragroup management includes the appointment of the
Risk limits in accordance with the risk philosophy Director and Co-Director of Financial Conglomerate
and applicable provisions. The determination of Management, the BRI Financial Conglomerate
risk limits is adjusted to the risk exposure and the Management Unit, and the BRI Integrated Work Units.
level of risk to be taken and risk tolerance. c. Measuring the maturity level of Integrated
b. Other risk controls can be carried out, among Governance within the BRI Financial Conglomerate.
others, by hedging, formulating intragroup d. The Integrated Corporate Governance Committee
transaction calculation methods, and adding shall oversee the implementation of Corporate
capital to absorb potential losses. Governance within the members of the financial
conglomerate in a tiered and proportional manner at
In the second semester of 2024 and the first semester of every level, including the determination of oversight
2025, BRI’s intra-group risk is at a low to moderate risk intensity, reporting mechanisms, and risk escalation,
rating. while taking into account the complexity and
materiality of each entity.
B. Identification of Intragroup Transaction Parties and
Classification of Intragroup Transactions 2. Implementation of the Duties and Responsibilities of
Parties included in Intragroup Transactions are parties or the Integrated Governance Committee
entities within the scope of the BRI Financial Conglomerate In carrying out its duties throughout 2025, the Integrated
as determined by the Financial Services Authority Governance Committee held 23 (twenty-three) meetings
(OJK). In its management, intragroup transactions are to evaluate and ensure that governance implementation
classified into several categories, including lending, fund aligns with GCG principles within the BRI Financial
placement, service, and others. Conglomeration.
PT Bank Rakyat Indonesia (Persero) Tbk. 927
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Corporate
Governance
3. Implementation of Duties and Responsibilities of the g. Monitoring the implementation of regulations across
Financial Conglomerate Management Unit each Member of the BRI Financial Conglomerate.
Throughout 2025, the details of the implementation of h. Measurement of the Integrated Compliance Maturity
duties and responsibilities of the Financial Conglomerate Level within the BRI Financial Conglomeration.
Management Unit (UKPKK) are as follows: i. Review and update of the assessment parameters for
a. Formulation of the BRI Financial Conglomerate Integrated Governance and Compliance Maturity.
Corporate Plan in collaboration with other Integrated j. Evaluation and review of the GCG self-assessment
Work Units and Relevant Work Units. mechanism across each Member of the Financial
b. Coordinator for the fulfillment of the implementation Conglomerate.
of Financial Services Authority Regulation Number k. Updating the technical provisions for the
30 of 2024 concerning Financial Conglomerates and implementation of integrated governance and
Financial Conglomerate Parent Companies. integrated compliance.
4. Implementation of Duties and Responsibilities of the 5. Implementation of Duties and Responsibilities of the
Integrated Compliance Unit Integrated Internal Audit Business Unit
During 2025, details of the implementation of the tasks Integrated Internal Audit encourages the implementation
and responsibilities of the Integrated Compliance Unit of a reliable internal audit function within the Financial
were as follows: Conglomerate, supported by an independent
a. Implementation of Compliance Group Visit activities organizational structure and adequate auditor
conducted through on-site visits to the Compliance competence. Throughout 2025, Integrated Internal Audit
Work Units of the BRI Financial Conglomerate carried out various work programs, including:
Members to enhance the understanding of business a. Implementation of the Integrated Internal Audit
processes within the BRI Financial Conglomerate Forum (IIAF) to enhance synergy and collaboration
members. across the BRI Financial Conglomerate Internal Audit
b. Submission of the Annual Report on Integrated Units.
Governance Implementation of the BRI Financial b. Execution of the joint thematic audit on “Intragroup
Conglomeration to the Financial Services Authority. Transactions” conducted by the Integrated Internal
c. Monitoring the fulfillment of the Integrated Audit and the Internal Audit Units of the Financial
Governance structure in accordance with regulatory Conglomerate Members.
requirements. including the Board of Commissioners, c. Performance of individual audits by the Integrated
Board of Directors, Committees, Integrated Business Internal Audit in PT BRI Danareksa Sekuritas, PT
Units, and Policies/Procedures. Permodalan Nasional Madani, and PT BRI Ventures.
d. Self-Assessment of Integrated Governance within d. Implementation of the Quality Assurance &
the BRI Financial Conglomeration, conducted semi- Improvement Program (QAIP) by the Integrated
annually, with the report submitted to the Financial Internal Audit (PIKK) for 9 (nine) Internal Audit Units
Services Authority. of the Financial Conglomerate Members (Bank Raya,
e. Self-Assessment of GCG, conducted both individually BRI Life, BRI Danareksa Sekuritas, BRI Finance, BRI
and on a consolidated basis, on a semi-annual basis. Insurance, PNM, Pegadaian, BRI Venture and BRI
f. Evaluation of Compliance Function Implementation Manajemen Investasi) to ensure that internal audit
in FSIs within the BRI Financial Conglomeration, activities are conducted in accordance with both
conducted quarterly, covering the following aspects: internal and external standards.
• Implementation of Good Corporate Governance e. Monitoring the implementation of the internal audit
(GCG). function and the performance of Members of the
• Monitoring of prudential principles. BRI Financial Conglomerate on a regular basis
• Commitment management. which is carried out every quarter with the scope of
• Compliance risk management. Monitoring including
• Implementation of the Anti-Money Laundering i. Monitoring the performance achievements of
(AML), Countering the Financing of Terrorism Financial Conglomeration Member Institutions
(CFT), & Prevention of the Financing of and Members of the BRI Financial Conglomerate.
Proliferation of Weapons of Mass Destruction ii. Monitoring the Audit Result Report of SKAI
(PPPSPM) programs. Members of the Financial Conglomerate.
• Impact analysis of external regulations. iii. Monitoring the realization/implementation of
• Reporting of Transactions/Decisions involving the Annual Audit Planning of SKAI for Financial
conflicts of interest. Conglomeration Members.
• Other relevant aspects iv. Monitoring the follow-up of corrective actions
928 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
for significant findings and external/regulatory n. Implementation of benchmarking for the Internal
audit findings in BRI Financial Conglomeration Audit Units of the Financial Conglomerate Members
Members. (Bank Raya, Pegadaian) against the Integrated
v. Monitoring the follow-up of improvements from Internal Audit (PIKK).
the results of internal audit maturity assessments o. Efforts to improve the quality and competence
and the Quality Assurance & Improvement of Internal Audit Business Unit members of the
Program implemented by Integrated SKAI (PIKK). Financial Conglomerate, the following programs and
vi. Monitoring the fulfillment and development certifications have been implemented, including:
of human resources of SKAI for Financial i. Lateral Joiner Education for Internal Units of
Conglomeration Members. Financial Conglomerate Members
f. Maturity level assessment of the Internal Audit Units ii. Certified Forensic Auditor (CFrA)
of the Financial Conglomerate Members for 2025. iii. Certified Qualified Internal Auditor (QIA)
g. Conducting a workshop for the formulation of the iv. Certified Anti-Fraud Manager (CAFM)
BRI Financial Conglomerate Integrated Internal Audit v. Certified Ethical Hacker (CEH)
Charter. vi. Certified Hacking Forensic Investigator (CHFI)
h. Updating the Integrated Internal Audit Charter vii. BSMR Certification
in alignment with best practices and the latest viii. Certified in Risk Governance Professional (CRGP)
regulations. ix. Associate Life Insurance Practitioner Certification
i. Formulation of the Integrated Internal Audit Report on x. Certified Information Systems Auditor (CISA)
a semi-annual basis. xi. Certified Fraud Examiner (CFE)
j. Assignment of 10 (ten) BRI Internal Audit employees xii. Qualified Internal Auditor (QIA)
to the Internal Audit Units of the Financial xiii. Broker-Dealer Representative Certification,
Conglomerate Members to accelerate the transfer Investment Manager Representative Certification,
of knowledge from the Integrated Internal Audit Underwriter Representative Certification
(PIKK) to the Members’ Internal Audit Units, with the xiv. ISO 37001:2025, ISO 27001:2022, ISO 37301:2021
following details:
i. Bank Raya Internal Audit: Head of Internal Audit (1 6. Implementation of the Duties and Responsibilities of
employee), Group Head (1 employee) the Integrated Risk Management Unit
ii. BRI Life Internal Audit: Department Head (2 Throughout 2025, the detailed implementation of
employees) the duties and responsibilities of the Integrated Risk
iii. BRI Finance Internal Audit: Head of Internal Audit Management Unit is as follows:
(1 employee), Group Head (1 employee) a. Implementation of the Integrated Risk Management
iv. BRI Insurance Internal Audit: Group Head (1 Committee Forum (RMCT) held twice in 2025, on
employee) February 10, 2024, and August 25, 2024
v. BRI Venture Internal Audit: Head of Internal Audit b. Establishment of an Integrated Risk Appetite
(1 employee) Statement (RAS) and KK Members that have been
vi. PNM Internal Audit (SPI) : Division Head (1 adjusted to each KK Member’s Risk Management
employee) Model.
vii. DPPK BRI Internal Audit : Head of Internal Audit (1 c. Conducting a self-assessment of the Integrated Risk
employee) Maturity Index (RMI) and that of the Subsidiaries,
k. Dissemination of Guidelines and Socialization for the which is then submitted for decision at the RMCT
preparation of the Annual Audit Plan to 20 Internal Forum.
Audit Units of the Financial Conglomerate Members, d. Submission of the Integrated Risk Profile Report
taking into account corporate strategy, stakeholder (semi-annual) and Consolidated Report (quarterly) to
concerns, risk assessment, and regulatory the Financial Services Authority.
requirements. e. Submission of the Consolidated Soundness Level
l. Offsite monitoring of the BRI Financial Conglomerate Report (semi-annual) to the Financial Services
Members is conducted through data analysis, Authority.
performance highlights, and other relevant f. Periodic monitoring of the Maximum Credit Limit and
documents/information to assess performance and Fund Provisioning for the Financial Conglomeration.
the implementation of strategic initiatives. g. Periodic monitoring of the LCR and NSFR positions
m. Performance of the Integrated Governance Self- as well as the IRRBB for the Consolidated entity.
Assessment on a semi-annual basis. h. Conducting analysis and preparing reports on
Integrated Capital Adequacy (semi-annual), which
are then presented at the RMCT Forum and reported
to the Financial Services Authority.
PT Bank Rakyat Indonesia (Persero) Tbk. 929
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Corporate
Governance
i. Conducting integrated stress test simulations • Implementation of the HC Council People
(semiannual), which are then presented at the RMCT Analytics attended by Level 1 BRI Financial
Forum. Conglomerate Members.
j. Coordinating with SKMRT regarding integrated risk ii. Submission of Talent proposals for the
management in the following matters: Management of Level 1 and Level 2 BRI Financial
i. Modeling credit scoring for KK Member Conglomerate Members for the decision of the
ii. Modelling CKPN Talent Committee;
k. Implementation of BRI Group In-House Training iii. Submission of remuneration policy proposals
related to the implementation of risk management for the Management of Level 1 and Level 2
(Market ATMR, VaR, and IRRBB Calculation, LPG BRI Financial Conglomerate members for the
Policy, Stress Test), which is directly coordinated decision of the Capital Investment Committee;
with BRI Corporate University. iv. Submission of individual performance
assessment proposals for Assigned Employees
7. Implementation of Duties and Responsibilities of the of the BRI Financial Conglomerate Members for
Integrated Human Capital Work Unit the decision of the Capital Investment Committee;
Throughout 2025, the Integrated Human Capital Work v. Management of capability enhancement
Unit has carried out its duties and responsibilities through programs for Employees of the BRI Financial
the implementation of the following activities: Conglomerate Members, including:
a. Formulation of the BRI Financial Conglomerate • The Talent Secondment Program is attended
Human Capital management strategies and policies, by Level 1 BRI Financial Conglomerate
including: Members as an effort to create alignment in
i. Formulation of the scope, organizational increasing the capability of Level 1 Member
structure, duties, authorities, and responsibilities, Employees and to provide opportunities
as well as the working procedures of the for Member Employees to enhance skills,
Integrated HC Sub-Committee as regulated in knowledge, and experience beneficial for
the Decree of the BRI Financial Conglomerate their development;
Governance Committee; • Development programs attended by Level
ii. Preparation of the guidelines for the implementation 1 BRI Financial Conglomerate Members
of the BRI Financial Conglomerate Integrated through several programs, including the
HC Policy, which is part of the BRI Financial BRILiaN Future Leader Program, special
Conglomerate Implementing Guidelines; request in-house training, leadership, and
iii. Formulation of the remuneration policy other programs.
proposal for the Management of BRI Financial c. Monitoring and evaluation of the BRI Financial
Conglomerate Members. Conglomerate Integrated HC management:
b. Implementation of the BRI Financial Conglomerate i. Periodically monitoring routine reports required
Integrated HC Management functions, including: by regulations within the context of the financial
i. Internalization and socialization of the BRI conglomerate.
Financial Conglomerate Integrated HC ii. Evaluation of the 2024 Human Capital Maturity
management policies Assessment results of Level 1 BRI Financial
• Conducting socialization for BRI Financial Conglomerate Members as an effort to improve
Conglomerate Members to provide the quality of Human Capital management
explanations covering the BRI Financial policies and strategies at BRI as the Financial
Conglomerate organizational structure, Conglomerate Parent Company and the
the Financial Conglomerate management respective members.
framework, the BRI Financial Conglomerate iii. Implementation of the 2025 Human Capital
Integrated Human Capital policies within the Maturity Assessment at BRI, Pegadaian, and
BRI Financial Conglomerate Implementing Permodalan Nasional Madani to ensure progress
Guidelines, and the management of Human in improving the quality of Human Capital
Capital of the Members, including monitoring, management at BRI as the PIKK and the two
evaluation, and reporting; members.
• Organizing discussion forums with Level 1
and Level 2 Financial Conglomerate members
for the alignment and standardization of
Manpower Planning formulation in each
entity;
930 PT Bank Rakyat Indonesia (Persero) Tbk.
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Annual Report
2025
8. Implementation of Duties and Responsibilities of the e. Performing cyber security maturity assessments and
Integrated Information Technology Work Unit providing assistance in gap assessment identification
Throughout 2025, the Integrated Information Technology to strengthen the cyber security posture of Financial
Work Unit carried out several activities regarding its Conglomerate Members in accordance with
duties and responsibilities, as follows: applicable standards and frameworks.
a. Formulating the Integrated IT Governance in f. Conducting compliance assessments on technology
alignment with the business direction, regulations implementation against established technology
and oversight requirements of the BRI Financial standards, partially across Financial Conglomerate
Conglomerate, to ensure IT alignment, effectiveness, Members, to ensure the effective and efficient
and control across all member entities. utilization of technology.
b. Conducting socialization activities to enhance the g. Providing assistance in the implementation of
understanding, awareness, and commitment of all ongoing IT synergy initiatives and projects within the
BRI Financial Conglomerate Members toward the BRI Financial Conglomerate environment to ensure
established Integrated IT Governance principles, alignment with established strategies, governance,
policies, and mechanisms. and standards.
c. Developing an IT maturity framework and technology h. Providing assistance and consultation regarding
standards to serve as a baseline for measuring, the Information Technology needs of BRI Financial
evaluating, and determining the IT maturity Conglomerate Members, such as IT governance,
assessment of BRI Financial Conglomerate Members. architecture, business processes, and the Software
d. Measuring IT maturity levels and providing assistance Development Life Cycle (SDLC)
in partial gap assessment analysis for Financial
Conglomerate Members as a basis for developing
continuous improvement plans.
Bad Corporate Governance Practice
As a financial institution committed to Good Corporate Governance, PT Bank Rakyat Indonesia (Persero) Tbk recognizes the
importance of identifying and preventing risks that may lead to Bad Corporate Governance practices. Therefore, throughout
2025, BRI remained committed to refraining from actions and policies associated with Bad Corporate Governance, as shown in
the following table:
No Description Implementation
1. Reporting on company activities that harm the environment. Nil
2. Failure to disclose important legal matters faced by the company, its subsidiaries, members of the Board Nil
of Directors, and/or members of the Board of Commissioners in office, in the Annual Report
3. Non-compliance with tax obligations. Nil
4. Discrepancies between the presentation of the annual report and financial statements with applicable Nil
regulations and Indonesian Financial Accounting Standards (SAK)
5. Failure to disclose labor and employee-related cases. Nil
6. No disclosure of the company’s operational segments. Nil
7. Discrepancy between the hardcopy and softcopy versions of the Annual Report. Nil
PT Bank Rakyat Indonesia (Persero) Tbk. 931
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Corporate
Social
Responsibility
PT Bank Rakyat Indonesia (Persero) Tbk 933
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Corporate Social
Responsibility
SOCIAL PILLAR
Under the social pillar, BRI fulfills the Basic Human Rights for Quality Fairly and Equally.
The Programs implemented under this social pillar are as follows:
a. BRI Peduli “Ini Sekolahku” Program
BRI also attempted to create a safe, comfortable, and conducive educational environment while expanding access to
inclusive education. In 2025, to support these efforts, BRI continued its BRI Cares “Ini Sekolahku” program at 12 (twelve)
school locations in Pekanbaru, Bandung, Yogyakarta, Jakarta, Banjarmasin, and Denpasar. This program not only focused
on improving the quality of educational facilities and infrastructure, especially for schools in remote areas with limited
infrastructure, but also prioritized the construction and renovation of school buildings and learning support facilities. In
addition, BRI provided educational scholarships for excel and left-behind students. This initiative was expected to increase
the effectiveness of the teaching and learning process, improve the quality of education, and develop superior, competitive
human resources.
b. “Preventing Stunting is Important” in Commemoration of National Nutrition Day 2025
The BRI Cares program, “Cegah Stunting itu Penting,” was implemented as a targeted social intervention to support
improvements in children’s health and strengthen public health services. Through a collaborative approach, the program’s
implementation was relevant to community conditions and supported the sustainability of stunting prevention efforts at the
community level. Implementation of this program contributed to improving the quality of basic health services, expanding
children’s access to adequate nutrition, and reducing the economic pressure on families to meet their nutritional needs.
Coinciding with the 2025 National Nutrition Day, BRI implemented the “Cegah Stunting itu Penting” program in Banjarmasin,
Denpasar, Makassar, Yogyakarta, Manado, Padang, and Malang. Furthermore, the collaborative practices established
through this program strengthened the integrated stunting management ecosystem at the local level.
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2025
c. BRI Cares’ 2025 Student Scholarship Program
Education plays a crucial role in a nation’s progress because it enables individuals to develop the knowledge and skills
necessary to contribute positively to society. Quality education contributes to the development of superior human resources,
which help drive economic growth and maintain social stability.
In line with this purpose, BRI, through its BRI Cares Program, distributed scholarships to approximately 200 high-achieving
students and/or students from underprivileged families in Pekanbaru, Bandung, Yogyakarta, Jakarta, Banjarmasin, and
Denpasar. Support for improving the quality of educational infrastructure, coupled with access to scholarships, was
expected to create a more inclusive, high-quality education system that would provide better learning opportunities for the
younger generation. This program represented BRI’s contribution to realizing Indonesia’s Golden Generation 2045.
PT Bank Rakyat Indonesia (Persero) Tbk 935
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Corporate Social
Responsibility
ECONOMIC PILLAR
BRI implemented several programs to create Job, Business,
and Industry Opportunities Inclusively, including:
a. Export Training
As a state-owned enterprise (SOE) focused on the Micro, Small, and Medium Enterprises (MSMEs) segment, BRI continuously
encouraged businesses, including micro and ultra-micro enterprises, to grow and develop sustainably. The effort was the
Export Training program, designed to increase MSMEs’ capacity and readiness to enter the global market. This program
aimed to encourage business growth by increasing product competitiveness, expanding international market access, and
strengthening business actors’ understanding of the export process. Through this program, MSMEs were expected to
increase product added value, expand business opportunities, and increase revenue while supporting the promotion of
Indonesian products and culture in the global market. This program also emphasized BRI’s role as a partner in MSME growth,
strengthening the contribution of the small business sector to the national economy.
b. Infrastructure Assistance for Gentan Market, Yogyakarta
Traditional markets are an important pillar of the people’s economy, yet they often face competition from modern markets.
Gentan Market in Ngaglik District, Sleman, is one of the daily markets that is a mainstay for many small and medium
enterprises (SMEs) and serves as a center of economic activity for the surrounding community. Recognizing the vital role
of traditional markets in the local economic ecosystem, BRI collaborated with the Industry and Trade Service of Sleman
Regency to revitalize facilities at Gentan Market, improving the quality of market infrastructure. This revitalization aimed
to increase market competitiveness by improving physical facilities, creating a more comfortable market environment for
traders and visitors, and enhancing traders’ promotion and visibility to further develop trading activities. This effort also
strengthened Gentan Market’s role as a local community economic center, adapting to the evolving needs of the community.
936 PT Bank Rakyat Indonesia (Persero) Tbk
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2025
c. Business Equipment Assistance for Coffee Farmers Group in Ijen
The Ijen Agro-tourism area in Banyuwangi is one of the National Priority Rural Areas (KPPN) with superior coffee potential that
can be developed into a high-value economic product and a community-based tourist attraction. To support this potential,
BRI collaborated with the Ijen Tourism Cluster (ITC) to strengthen the capacity of coffee farmers and entrepreneurs, from
improving production quality to supporting processing facilities, so that entrepreneurs could not only sell raw coffee beans
but also produce processed coffee products with added value. This program also strengthened the branding of “Kopi
Banyuwangi” while increasing the income and welfare of local communities.
PT Bank Rakyat Indonesia (Persero) Tbk 937
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Corporate Social
Responsibility
ENVIRONMENTAL PILLAR
Under the environmental pillar, BRI implemented sustainable ecosystem management, conservation,
and restoration through the following programs:
a. Jaga Sungai, Jaga Kehidupan in the 2025 World River Day
The “Jaga Sungai, Jaga Kehidupan” program demonstrated BRI’s commitment to strengthening the protection and
sustainable management of river ecosystems through collaboration with Sungai Watch. This initiative focused not only
on river cleanup but also on increasing public ecological awareness of the importance of maintaining water quality,
balancing aquatic ecosystems, and reducing CO₂ emissions. Improving river environmental quality reduced pollution
impacts, improved environmental quality, and supported ecosystem sustainability for surrounding communities. Benefits
perceived by the community included improved public health, reduced disaster risks, and supporting the creation of green
economic opportunities and a more sustainable quality of life. Through a participatory approach, this program encouraged
environmentally friendly behavior and strengthened community-based river governance.
b. BRI Peduli Yok Kita GAS (Waste Management Movement) Waste Management Journey
Waste accumulation remained an environmental challenge in various regions due to low public awareness and suboptimal
waste management. To address this situation, this program supported the establishment and strengthening of 3R TPS (TPS
3R) and Waste Banks in selected locations, driven by local heroes, to reduce environmental pollution and health risks while
encouraging active community participation. This program was implemented in several markets and focused on increasing
capacity through education on waste sorting, waste management literacy, and understanding the economic value of waste,
supported by strengthening infrastructure and facilities. Assistance provided included waste processing machines, Waste
Bank operational vehicles, construction of maggot or Black Soldier Fly (BSF) facilities, trash bins, work safety equipment,
uniforms, and other supporting equipment. Through this initiative, Waste Banks were expected to play an optimal role in
creating a cleaner environment, increasing the economic value of waste, and supporting sustainable community-based
waste management.
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2025
c. BRI Cares’ Grow & Green Coral Reef Transplantation Program
Through the Grow & Green program, BRI continued its environmental conservation initiative through coral reef transplantation
activities on Maratua Island (East Kalimantan), Kapoposang Island (Sulawesi), and Gili Matra (West Nusa Tenggara). This
program aimed to restore underwater ecosystems to increase biodiversity while supporting the sustainability of fishing
activities and marine tourism, which were sources of livelihood for coastal communities.
Through collaboration with local communities and environmental partners, Grow & Green integrates marine ecosystem
conservation with environmentally based community empowerment. This program affirmed BRI’s commitment to supporting
sustainable development by strengthening coastal ecosystem resilience and sustainably improving the quality of life for
coastal communities.
PT Bank Rakyat Indonesia (Persero) Tbk 939
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940 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report
2025
OJK
Index
PT Bank Rakyat Indonesia (Persero) Tbk 941
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OJK Index
Criteria Explanation Page Regulation
GENERAL
Annual Report is well printed √ POJK 29
and bound.
Annual Report must be reproduced √ POJK 29
in the form of printed copies
of documents and electronic
copies of documents.
Annual Reports are presented in √ POJK 29
Indonesian and foreign languages
Annual Report must be published √ POJK 29
on the Issuer’s or Public Company’s
Website on the same date as the
submission of the Annual Report
to the Financial Services Authority.
PERFORMANCE HIGHLIGHTS
Summary of important financial Information includes, among others:
data contains financial information
presented in comparative form for 1. Sales revenue. 27 SEOJK 16
3 (three) financial years or since
starting their business if the Issuer 2. Gross profit. 27
or Public Company has been
running its business activities 3. Operational profit. 27 SEOJK 9
for less than 3 (three) years.
4. Profit before tax. 27
5. Net profit. 28
6. Profit and loss. 28 SEOJK 16
7. Total comprehensive profit (loss). 28 SEOJK 9
8. Total profit (loss) attributable to owners of the parent entity 28 SEOJK 16
and noncontrolling interests.
9. Total comprehensive profit (loss). 28 SEOJK 16
10. Total comprehensive profit (loss) attributable to owners 28
of the parent entity and non-controlling interests.
11. Earnings (loss) per share. 29 SEOJK 9
SEOJK 16
12. Total assets. 26
13. Total liabilities. 26
14. Total equity. 27
15. Third-party funds. 26 SEOJK 9
16. Loans received. 26
17. Ratio of profit (loss) to total assets. 31 SEOJK 16
18. Profit (loss) to equity ratio. 31
19. Profit (loss) to revenue/sales ratio. 31
20. Current ratio. 31
21. Liability to equity ratio. 31
22. Ratio of liabilities to total assets. 31
23. CAR ratio. 32 SEOJK 9
24. Productive assets. 31
25. Non-performing loans (NPL) ratio. 31
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Annual Report
2025
Criteria Explanation Page Regulation
26. Ratio of Operating Expenses to Operating Income (BOPO). 31
27. Cost to Income Ratio(CIR). 32
28. Net Interest Margin (NIM) ratio. 31
29. Percentage of violations and exceedances of the Legal 32
Lending Limit (BMPK).
30. Statutory Reserve Ratio (GWM). 32
31. Net Open Position (NOP) Ratio. 32
32. Information and other financial ratios that are relevant 31-32 SEOJK 9
to the issuer or public company and the type of industry. SEOJK 16
Stock Information Information on shares for Public Companies at least contains: SEOJK 16
1. Shares that have been issued for each quarter are presented
in comparative form for the last 2 (two) financial years,
at least contain:
a. Number of outstanding shares. 35
b. Market capitalization is based on the price on the stock 35
exchange where the shares are listed.
c. The highest, lowest, and closing share prices 35
are based on the price on the stock exchange
where the shares are listed.
d. Volumetrading on the stock exchange where the shares 35
are listed.
Information in letter b), letter c), and letter d) is only disclosed
if the shares are listed on the stock exchange.
Information is presented in the form of graphs and tables.
2. Such as a stock split, reverse stock, stock dividends, bonus 36 SEOJK 16
shares, changes in the nominal value of shares, issuance of
convertible securities, and additions and capital reduction,
share information as referred to in number 1) is added with
an explanation of at least:
a. The date of implementation of the corporate action.
b. Stock split ratios, reverse stock ratios, stock dividends,
bonus shares, number of convertible securities issued,
and changes in share nominal value.
c. bonus, jumlah efek konversi yang diterbitkan,
dan perubahan nilai nominal saham.
d. The number of outstanding shares before and after
the corporate action.
e. The number of effect conversions implemented (if any).
f. Stock prices before and after corporate actions.
3. Dalam hal terjadi penghentian sementara perdagangan 36 SEOJK 16
saham (suspension) dan/atau pembatalan pencatatan saham
(delisting) dalam tahun buku, dijelaskan alasan penghentian
sementara perdagangan saham (suspension) dan/atau
pembatalan pencatatan saham (delisting) tersebut.
4. In the event of a temporary suspension of share trading 36 SEOJK 16
(suspension) and/or delisting of shares during the financial
year, the reasons for the temporary suspension of share
trading (suspension) and/or delisting of shares (delisting)
shall be explained.
PT Bank Rakyat Indonesia (Persero) Tbk 943
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OJK Index
Criteria Explanation Page Regulation
REPORT OF DIRECTORS AND BOARD OF COMMISSIONERS
Directors Report The Board of Directors’ report contains at least a brief description
of:
1. Performance of Issuers or Public Companies, at least includes:
a. Issuer’s or Public Company’s strategy and strategic policies 58-59 SEOJK 9
(including for UUS if the Bank owns UUS). SEOJK 16
b. The role of the Board of Directors in formulating the strategy 59 SEOJK 16
and strategic policies of the Issuer or Public Company.
c. The process carried out by the Board of Directors to ensure 59
the implementation of the Issuer’s or Public Company’s
strategy.
d. Comparison between the results achieved and those 64 SEOJK 9
targeted by the Issuer or Public Company. SEOJK 16
e. Obstacles faced by Issuers or Public Companies. 64-65
f. Organizational structure. 56 SEOJK 9
g. Main activity. 55
h. Information Technology. 62
i. Types of products and services offered, including lending 55-56
to debtors of micro, small, and medium enterprises.
j. Interest rates for raising and providing funds. 60-61
k. Economic development and target market. 56-57
l. Networks and business partners at home and/or abroad. 56
m. Number, type and location of offices. 56
n. Ownership of the Board of Directors, 66
Board of Commissioners and shareholders in the Bank’s
business group.
o. Important changes that occurred in the Bank and the Bank’s 66
business group in the year concerned.
p. Important things that are expected to happen in the future. 65
q. Human resources include the number, level of education, 56, 62-63
training, and development of human resources.
2. An overview of the business prospects of the Issuer or Public 65 SEOJK 9
Company. SEOJK 16
3. Implementation of Issuer or Public Company governance. 66
Report of the Board The Board of Commissioners’ report contains at least a brief
of Commissioners description of:
1. Assessment of the Board of Directors’ performance regarding 73-78 SEOJK 16
the management of Issuers or Public Companies, including SEOJK 9
oversight by the Board of Commissioners in the formulation
and implementation of the Issuer’s or Public Company’s
strategy carried out by the Board of Directors.
2. Views on the business prospects of Issuers or Public 78-79
Companies compiled by the Board of Directors.
3. Views on the implementation of governance of the Issuer 79-85
or Public Company.
4. Changes in the composition of the Board of Commissioners 86-87 SEOJK 9
(if any) and reasons for the changes.
5. Frequency and method of providing advice to members 73-74
of the Board of Directors.
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Annual Report
2025
Criteria Explanation Page Regulation
Statement Letter from Members Statement Letter from Members of the Board of Directors 90-91 SEOJK 16
of the Board of Directors and and Members of the Board of Commissioners regarding POJK 29
Members of the Board of Responsibility for the Annual Report. Statement letter from
Commissioners members of the Board of Directors and members of the Board of
Commissioners regarding responsibility for the Annual Report is
prepared in accordance with the format of Statement Letter from
Members of the Board of Directors and Members of the Board
of Commissioners regarding Responsibility for the Annual Report.
COMPANY PROFILE
Company name and full address Access to Issuers or Public Companies, including branch 94 SEOJK 9
offices or representative offices that enable the public to obtain SEOJK 16
information about Issuers or Public Companies, including:
1. Address
2. Phone number
3. Email address
4. Website address
Name and address of subsidiary Name and address of the subsidiary, including: 95-96 SEOJK 9
and/ or branch office or a. Address SEOJK 16
representative office (if any) b. Phone number
c. E-mail address
d. Website address
Notes: if the company does not have subsidiaries, branch offices,
or representative offices, it is disclosed.
Brief history of Issuer Include among others: date/year of establishment, name, 98-101 SEOJK 9
or Public Company change of company name (if any), and effective date of change SEOJK 16
of company name.
Notes: if the company has never changed its name, please
disclose it.
Vision, Mission Includes: SEOJK 9
and Corporate Culture SEOJK 16
1. Company Vision 102
2. Company Mission 103
3. Statement that the vision and mission have been reviewed and 103-105
approved by the Board of Directors/Board of Commissioners in
the financial year.
Business activities Description of, among others: SEOJK 9
SEOJK 16
1. The company’s business activities according to the latest 106-107
articles of association.
2. Business Activities Undertaken. 107
3. Products and/or services produced. 107-117
Operational Area Issuer’s or Public Company’s operational area. The operational 118-120 SEOJK 16
area is the area or area where operational activities are carried
out or the scope of the company’s operational activities.
Organizational structure The organizational structure of the Issuer or Public Company 122-123 SEOJK 9
in the form of a chart, at least up to 1 (one) level below the Board SEOJK 16
of Directors, including committees under the Board of Directors
(if any) and committees under the Board of Commissioners,
accompanied by names and positions.
Association Membership List of industry association memberships, both on a national and 124-125 SEOJK 16
international scale, related to the implementation of sustainable
finance.
Board of Directors Profile Profile of the Board of Directors, at least contains: SEOJK 9
SEOJK 16
1. Name and position in accordance with the duties 126-146
and responsibilities.
2. Latest photos.
PT Bank Rakyat Indonesia (Persero) Tbk 945
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OJK Index
Criteria Explanation Page Regulation
3. Age
4. Citizenship.
5. Educational history and/or certification.
6. Position history, including information on:
a. The legal basis for appointment as a member of the Board
of Directors of the Issuer or Public Company concerned
b. Concurrent positions, both as members of the Board of
Directors, members of the Board of Commissioners, and/or
committee members, as well as other positions both inside
and outside the Issuer or Public Company. If members of
the Board of Directors do not hold concurrent positions,
this is disclosed.
c. Work experience and time period, both inside and outside
the Issuer or Public Company.
7. Affiliated relationships with other members of the Board 147 SEOJK 9
of Commissioners, major shareholders, and controllers, SEOJK 16
either directly or indirectly, to individual owners, including POJK 13
names of affiliated parties. In the event that members of the
Board of Directors have no affiliation, the Issuer or Public
Company shall disclose this. Financial relationships and
family relationships of members of the Board of Directors and
members of the Board of Commissioners with other members
of the Board of Directors, other members of the Board of
Commissioners, and/or controlling shareholders of the Bank.
8. Changes in the composition of members of the Board 148-151 SEOJK 16
of Directors and reasons for the changes. In the event that
there is no change in the composition of the members of the
Board of Directors, this will be disclosed.
Profile of the Board Profile of the Board of Commissioners, at least contains: SEOJK 9
of Commissioners SEOJK 16
1. Name and position. 153-161
2. Latest photos.
3. Age.
4. Citizenship.
5. Educational history and/or certification.
6. Position history, including information on:
a. The legal basis for appointment as a member of the Board
of Directors of the Issuer or Public Company concerned
b. Legal basis for the first appointment as a member
of the Board of Commissioners who is an independent
commissioner of the Issuer or Public Company concerned.
c. Concurrent positions, both as members of the Board
of Directors, members of the Board of Commissioners,
and/or committee members, as well as other positions
both inside and outside the Issuer or Public Company.
In the event that members of the Board of Directors
do not have concurrent positions, then this is disclosed.
d. Work experience and time period, both inside and outside
the Issuer or Public Company.
946 PT Bank Rakyat Indonesia (Persero) Tbk
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Criteria Explanation Page Regulation
7. Affiliation with other members of the Board of Directors, 162 SEOJK 9
members of the Board of Commissioners, major shareholders, SEOJK 14
and controllers, either directly or indirectly, to individual SEOJK 16
owners, including names of affiliated parties. In the event that POJK 17
members of the Board of Directors have no affiliation, the
Issuer or Public Company shall disclose this.
Financial relationships and family relationships of members
of the Board of Directors and members of the Board of
Commissioners with other members of the Board of Directors,
other members of the Board of Commissioners, and/or
controlling shareholders of the Bank.
8. Statement of independence of the independent commissioner NA SEOJK 16
in the event that the independent commissioner has served
more than 2 (two) terms.
9. Changes in the composition of members of the Board of 162-163
Directors and reasons for the changes. In the event that there
is no change in the composition of the members of the Board
of Directors, this will be disclosed.
Executive officer brief profile Including the composition of executive officers along with their 164-169 SEOJK 9
positions and a summary of Curriculum Vitae.
Number of employees Data on employee competency development that has been 170-175 SEOJK 9
and employee competency carried out in the financial year, consisting of parties (position SEOJK 16
development data. levels) who attended training, types of training, and training
objectives, as well as equal opportunities for all employees.
Employee competency development costs that have been
incurred in the financial year.
Shareholder composition Names of shareholders and percentage of ownership at the SEOJK 9
beginning and end of the financial year, which consists SEOJK 16
of information regarding: POJK 17
1. Shareholders who own 5% (five percent) or more shares 179
of Issuers or Public Companies.
2. Members of the Board of Directors and members of the 180-182
Board of Commissioners who own shares of Issuers or Public
Companies. In the event that all members of the Board of
Directors and/or all members of the Board of Commissioners
do not own shares, then this matter shall be disclosed.
3. shares by members of the Board of Directors and members of 180-182
the Board of Commissioners at the beginning and end of the
financial year, including information regarding shareholders
who are registered in the register of shareholders for the
benefit of indirect ownership by members of the Board of
Directors and members of the Board of Commissioners.
In the event that all members of the Board of Directors and/
or all members of the Board of Commissioners do not have
indirect ownership of the Issuer’s or Public Company’s
shares, then this matter must be disclosed. Directors and
commissioners who own Shares (Directors and Board
of Commissioners/Supervisory Board must report to the
company regarding their and/or family’s share ownership in
the company concerned and other companies, including any
changes thereto).
4. Group of public shareholders, namely groups of shareholders 179-180 SEOJK 16
who each own less than 5% (five percent) of the shares of the
Issuer or Public Company.
5. Number of shareholders and percentage of ownership at the 182 SEOJK 16
end of the financial year based on classification:
a. Ownership of local institutions.
b. Ownership of foreign institutions.
c. Local individual ownership.
d. Foreign individual ownership.
The above information can be presented in tabular form.
Major and controlling shareholder Information regarding major shareholders and controllers of 175 SEOJK 9
Issuers or Public Companies, either directly or indirectly, up to SEOJK 16
individual owners, presented in the form of a schematic or chart.
PT Bank Rakyat Indonesia (Persero) Tbk 947
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OJK Index
Criteria Explanation Page Regulation
List of associate subsidiaries, Names of subsidiaries, associated companies, joint venture 183-192 SEOJK 9
venture companies companies where the Issuer or Public Company has joint SEOJK 16
control of the entity (if any), along with the percentage of share
ownership, line of business, total assets, and operating status of
subsidiaries, associated companies, joint venture companies.
For subsidiaries, the subsidiary’s address is added.
Information related to the Bank Banks that are part of a business group and/or have Subsidiaries, 194 SEOJK 9
Business Group must add:
The structure of the Bank’s business group, which includes:
a. The structure of the Bank’s business group consists of the
Bank, Subsidiaries, sister companies, Parent Entity, up to the
ultimate shareholder.
b. Management linkage structure within the Bank’s business
group.
c. Shareholders acting on behalf of other shareholders.
The definition of a shareholder acting on behalf of another
shareholder is an individual shareholder or an entity that has
the common goal of controlling the Bank, based on or not
based on an agreement.
Share listing chronology Chronology of share listing, number of shares, number of listed 195-201 SEOJK 16
shares after each corporate action, nominal value, and offering
price from the beginning of listing to the end of the financial year
as well as the name of the stock exchange where the Issuer’s
or Public Company’s shares are listed, including stock splits (
stock split), merger of shares (reverse stock), stock dividends,
bonus shares, and changes in the nominal value of shares,
implementation of conversion effects, implementation of capital
additions and reductions (if any).
Information on the listing of other Information on the listing of other securities that are not yet due 202-208 SEOJK 16
securities in the financial year at least contains the names of the securities,
the type of corporate action that causes a change in the number
of other securities, year of issue, interest rate/yield, maturity
date, offering value, name of stock exchange where other
securities are listed, and securities rating (if any).
Information on the use of public Information on the use of public accounting services (AP) and 208 SEOJK 16
accounting services (AP) and public public accounting firms (KAP) and their networks/associations/
accounting firms (KAP) alliances includes:
1. Name and address.
2. Assignment period.
3. Information on audit and/or non-audit services provided.
4. Audit and/or non-audit service fees for each assignment given
during the financial year.
5. In the event that the designated AP and KAP and their
network/ association/alliance do not provide non-audit
services, then the information shall be disclosed.
Disclosure of information on the use of AP and KAP services and
their networks/associations/alliances can be presented in tabular
form.
Name and address of supporting Names and addresses of capital market supporting institutions 209 SEOJK 16
institution and/or profession. and/or professions other than AP and KAP.
Awards and Certifications. Information includes, among others: 210-223 SEOJK 9
1. Name of award and/or certification (national and international
scale).
2. Year of award and/or certification.
3. Awarding and/or certification bodies.
4. Validity period (for certification).
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Criteria Explanation Page Regulation
MANAGEMENT DISCUSSION AND ANALYSIS OF THE COMPANY’S PERFORMANCE
Bank Strategic Plan 1. Long-term plan (corporate plan). 235-237 SEOJK 14
2. Medium and short-term plans (business plan). POJK 17
Operational review per business Operational review per business segment according to the type SEOJK 9
segment of industry of the Issuer or Public Company, at least concerning: SEOJK 16
1. Explanation of each business segment. 244-306
2. Performance per business segment, among others:
a. Production, which includes process, capacity, 246-305,
and development. 309-310
b. Increase/decrease in production capacity. 246-305,
309-310
c. Sales/business income. 306-308,
309-310
d. Profitability. 306-308,
309-310
Description of the company’s Comprehensive financial performance, which includes a SEOJK 9
financial performance comparison of financial performance in the last 2 (two) financial SEOJK 16
years (in the form of narratives and tables), an explanation of the
causes of the changes, and the impact of these changes, at least
concerning:
1. Current assets, non-current assets, and total assets. 312-313,
315-321
2. Short-term liabilities, long-term liabilities, and total liabilities. 313-314,
321-324
3. Funding (investment and giving loan/financing). 312-313,
315-321
4. Third-party funds and other funding sources. 313-314,
321-324
5. Equity. 314, 324-325
6. Income/sales, expenses, profit (loss), other comprehensive 326-334
income, and total comprehensive profit (loss).
7. Cash flow. 335-338
8. Basic loan interest rate. 338-339 SEOJK 9
Analysis of the quality of earning SEOJK 9
assets and relevant financial ratios.
Discussion and analysis of the Explanation of: SEOJK 16
ability to pay debts and the
collectability of the company’s 1. Ability to pay debts, both short-term (liquidity) and long-term 339-341
receivables, by presenting the (solvability).
calculation of the relevant ratio
according to the type of the 2. Receivables collectibility level. 341-342
company’s industry.
Discussion on capital structure Top explanation: SEOJK 16
and management policies on capital
structure (capital structure policy). 1. Details of the capital structure (capital structure). 350
2. Management policies on capital structure (capital structure 348-349
policies).
3. Basis for selection of management policies. 348-349
Discussion on material Explanation of: SEOJK 16
commitments for capital
goods investment (not funding
commitments) in the last
financial year.
1. The purpose of the bond. 479
2. Source of funds expected to fulfill these ties.
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3. The currency to be denominated.
4. The steps the company plans to take to protect against risks
from related foreign currency positions.
Notes: if the company has no ties related to investment
in capital goods in the last financial year to be disclosed.
Discussion on investment in capital Explanation of: SEOJK 9
goods realized in the last financial SEOJK 16
year. 1. Types of investment in capital goods. 479
2. The purpose of investing in capital goods.
3. Investment value of capital goods issued in the last financial year.
Notes: if there is no realization of investment in capital goods,
so that it is disclosed.
Material information and facts 480 SEOJK 16
occurring after the date of the
auditor’s report (if any)
Description of the company’s The business prospects of Issuers or Public Companies 480-481 SEOJK 16
business prospects. are linked to industry conditions, the general economy, and
international markets, accompanied by quantitative supporting
data from reliable data sources.
Comparative information between Comparison between targets/projections at the beginning of the SEOJK 16
targets at the beginning of the financial year with the results achieved (realization), regarding:
financial year with the results
achieved (realization), and targets 1. Sales revenue. 482-483
or projections to be achieved for
the next year. 2. Profit and loss. 482-483
3. Capital structure. 483
4. Marketing. 483-484
5. HR Development. 484
6. Other matters deemed important by the Issuer or Public Company. 482-483
Targets/projections to be achieved by Issuers or Public
Companies for the next 1 (one) year, regarding:
1. Sales revenue. 485
2. Profit and loss. 485
3. Capital structure. 485-486
4. Dividend policy. 486
5. Marketing. 486
6. HR Development. 486
7. Other matters deemed important by the Issuer or Public Company. 485
Description of the marketing aspect. Marketing aspects of the Issuer’s or Public Company’s goods 237-239 SEOJK 9
and/or services, at least regarding marketing strategy and market SEOJK 16
share.
Description of dividends for the last Description of dividends for the last 2 (two) financial years, SEOJK 16
2 (two) financial years. at least:
1. The dividend policy, among other things, contains information 487
on the percentage of the amount of dividends distributed to
net income.
2. Cash dividend payment date and/or non-cash dividend
distribution date.
3. Amount of dividends per share (cash and/or non-cash).
4. The amount of dividends per year paid.
Notes: if there is no distribution of dividends, please state the
reasons.
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Realization of the use of proceeds Realization of the use of proceeds from the public offering, 490-491 SEOJK 16
from the public offering (in the event under the condition:
that the company is still required to
submit a report on the realization of a. In the event that, during the financial year, the Issuer has an
the use of funds) obligation to submit a report on the realization of the use of
funds, the cumulative realization of the use of proceeds from
public offerings until the end of the financial year is disclosed.
b. In the event that there is a change in the use of funds as
stipulated in the Financial Services Authority Regulation
regarding the report on the realization of the use of funds from
a public offering, the Issuer shall explain the change.
Notes: if you do not have information on the realization of the use
of proceeds from a public offering, please disclose it.
Material information (if any), Contains descriptions of: SEOJK 16
including investment, expansion,
divestment, business merger/ a. Date, value, and transaction object. 491,
consolidation, acquisition, debt/ 494-496,
capital restructuring, material 499-501
transactions, affiliated transactions,
and conflict of interest transactions. b. The name of the party conducting the transaction. 494-496,
497-499
c. Nature of the affiliation relationship (if any). 494-496,
497-499
d. Explanation of the fairness of the transaction. 496, 499
e. Fulfillment of related provisions.
f. In the event that there is an affiliation relationship, apart from
disclosing the information referred to in numbers a) through f),
the Issuer or Public Company also discloses information:
1) The Board of Directors’ statement that affiliated transactions 497, 501
have gone through adequate procedures to ensure that
affiliated transactions are carried out in accordance with
generally accepted business practices, among others,
carried out by fulfilling the arm’s length principle.
2) The role of the Board of Commissioners and the audit 497, 501
committee in carrying out adequate procedures to ensure
that affiliated transactions are carried out in accordance
with generally accepted business practices, among others,
is carried out by fulfilling the arm’s length principle.
g. For affiliate transactions or material transactions which are 496, 501
business activities carried out in order to generate business
income and are carried out routinely, repeatedly, and/or
continuously, an explanation is added that the affiliated
transactions or material transactions are business activities
carried out in order to generate business income and are
carried out routinely, repeatedly, and/or continuously.
In the case of affiliated transactions or material transactions
referred to as having been disclosed in the annual financial
statements, information is added regarding references
to disclosure in the said annual financial statements.
h. For disclosure of affiliated transactions and/or conflict of N/A SEOJK 16
interest transactions that are the result of the implementation SEOJK 14
of affiliated transactions and/or conflict of interest transactions
that have been approved by independent shareholders,
information is added regarding the date of the GMS that
approves the affiliated transactions and/or conflict of interest
transactions.
i. In the event that there are no affiliated transactions and/or 492-501
conflict of interest transactions, then this is disclosed.
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Description of changes to laws and The description contains, among others: SEOJK 16
regulations on companies in the last
financial year. 1. The names of the laws and regulations that have changed. 502
2. The impact (quantitative and/or qualitative) on the company
(if significant) or the statement that the impact is not significant.
Notes: if there is no change in laws and regulations in the last
financial year, so that it is disclosed.
Description of changes in accounting The description contains, among others: SEOJK 16
policies implemented by the company
in the last financial year. 1. Changes in accounting policies. 502
2. Reasons for changes in accounting policies.
3. Quantitative impact on financial statements.
Notes: If there is no change in accounting policy in the last financial
year
Information on Risk Exposure Information on Risk Exposure and Capital. Risk exposure and 350-478 SEOJK 9
and Capital. capital include annual period risk and capital exposure reports as
stipulated in Part II of the Publication Report on risk and capital
exposure.
CORPORATE GOVERNANCE
GMS. Information regarding GMS resolutions in the financial year 565-585 SEOJK 16
and 1 (one) year before the financial year includes:
a. GMS resolutions in the financial year and 1 (one) year prior
to the financial year realized in the financial year.
b. GMS decisions in the financial year and 1 (one) year prior
to the financial year that have not been realized along
with the reasons for not being realized.
In the event that an Issuer or Public Company uses an independent
party in the implementation of the GMS to carry out the vote
count, it shall be disclosed regarding this matter.
Directors. 1. Duties and responsibilities of each member of the Board of 587-592 SEOJK 14
Directors. Information regarding the duties and responsibilities SEOJK 16
of each member of the Board of Directors is described and POJK 17
can be presented in tabular form.
2. Statement that the Board of Directors has a guideline 587 SEOJK 16
or charter (charter) of the Board of Directors.
3. Policy and implementation of the frequency of meetings of the 594-613 SEOJK 16
Board of Directors, meetings of the Board of Directors with the
Commissioners, and the level of attendance of members of the
Board of Directors at these meetings, including attendance at
the GMS.
Information on the level of attendance of members of the
Board of Directors at Board of Directors meetings, and at
meetings with the Board of Commissioners or GMS, can be
presented in tabular form.
4. Training and/or competency improvement for members 612-615 SEOJK 16
of the Board of Directors:
a. Policy on training and/or competency improvement for
members of the Board of Directors, including an orientation
program for newly appointed members of the Board of
Directors (if any).
b. Training and/or competency improvement attended by
members of the Board of Directors in the financial year (if any).
5. The Board of Directors’ assessment of the performance of the 617 SEOJK 16
committees that support the implementation of the duties of
the Board of Directors in the financial year contains at least:
a. Performance appraisal procedures.
b. The criteria used include performance achievements during
the financial year, competence, and attendance at meetings.
In the event that the Issuer or Public Company does not have
a committee that supports the implementation of the duties
of the Board of Directors, this will be disclosed.
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6. members of the Board of Commissioners who reach 5% 674-677 SEOJK 14
(five percent) or more of paid-up capital, which includes POJK 17
the type and number of shares in:
a. The bank in question.
b. Other banks.
c. Non-bank financial institutions.
d. Other companies domiciled both inside and outside the country.
Board of Commissioners. 1. Duties and responsibilities of the Board of Commissioners. 618-619 SEOJK 14
SEOJK 16
POJK 17
2. Statement that the Board of Commissioners has guidelines 623 SEOJK 16
or a charter of the Board of Commissioners.
3. Policy and implementation of the frequency of meetings 629-643 SEOJK 14
of the Board of Commissioners, meetings of the Board of SEOJK 16
Commissioners with the Board of Directors, and the level of
attendance of members of the Board of Commissioners at
these meetings, including attendance at the GMS.
Information on the level of attendance of members of the Board
of Commissioners at meetings of the Board of Commissioners,
meetings between the Board of Commissioners and the Board
of Directors, or GMS can be presented in tabular form.
4. Training and/or competency improvement for members of the 644-646 SEOJK 16
Board of Commissioners:
a. Policy on training and/or competency improvement for
members of the Board of Commissioners, including an
orientation program for newly appointed members of the
Board of Commissioners (if any).
b. Training and/or competency improvement attended by
members of the Board of Commissioners in the financial
year (if any).
5. Assessment of the performance of the Board of Directors 650-659 SEOJK 16
and the Board of Commissioners, as well as each member
of the Board of Directors and members of the Board of
Commissioners, contains at least:
a. Procedure for implementing performance appraisal.
b. The criteria used include performance achievements during
the financial year, competence, and attendance at meetings.
c. The party making the assessment.
6. The Board of Commissioners’ assessment of the performance 660-667 SEOJK 16
of the Committees that support the implementation of the
duties of the Board of Commissioners in the financial year
includes:
a. Performance appraisal procedures.
b. The criteria used include performance achievements during
the financial year, competence, and attendance at meetings.
Nomination and remuneration Least load:
of the Board of Directors
and Board of Commissioners. 1. Nomination procedures, including a brief description of the 667-669 SEOJK 16
policies and nomination process for members of the Board
of Directors and/or members of the Board of Commissioners.
2. Procedures and implementation of remuneration for the Board SEOJK 16
of Directors and Board of Commissioners, including:
a. Procedure for determining remuneration for the Board 671
of Directors and Board of Commissioners.
b. Disclosure of indicators for determining the remuneration 671
of the Board of Directors.
c. The remuneration structure for the Board of Directors and 672
the Board of Commissioners, such as salaries, allowances,
bonuses, and others;
Notes: if there are no performance bonuses, non-
performance bonuses, and stock options received by each
member of the Board of Commissioners and Board of
Directors, they are to be disclosed.
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d. The amount of remuneration for each member of the Board 672-674
of Directors and members of the Board of Commissioners;
Disclosure of information can be presented in tabular form.
Sharia supervisory board for Issuers Least load: SEOJK 16
or Public Companies that carry out
business activities in accordance a. Name.
with sharia principles as stated in
their articles of association. b. The legal basis for the appointment of the Sharia Supervisory N/A
Board.
c. The assignment period of the Sharia Supervisory Board.
d. Duties and responsibilities of the Sharia Supervisory Board.
e. Frequency and method of providing advice and suggestions
as well as monitoring compliance with sharia principles in the
capital market to Issuers or Public Companies.
Audit Committee. 1. Name and title in the membership of the committee. 691-693 SEOJK 16
POJK 17
2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board
of Commissioners, members of the board of directors,
and/or committee members and other positions (if any).
c. Work experience and time period both inside and outside
the issuer or public company.
6. Period and tenure of audit committee members.
7. Description of duties and responsibilities. 686-689
8. Audit committee independence statement. 694-696
9. Training and/or competency improvement that has been 702-703
attended in the financial year (if any).
10. Policy and implementation of the frequency of audit 696-701 SEOJK 14
committee meetings and the level of attendance of audit SEOJK 16
committee members at these meetings. POJK 17
11. Implementation of audit committee activities in the financial 703-705
year according to what is stated in the audit committee
guidelines or charter.
Issuer or Public Company Least load:
nomination and remuneration
committee or function. 1. Name and title in the membership of the committee. 709-710 SEOJK 16
POJK 17
2. Age.
3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board
of Commissioners, members of the board of directors,
and/or committee members and other positions (if any).
c. Work experience and time period both inside
and outside the issuer or public company.
6. Period and tenure of committee members.
7. Committee independence statement. 711-712
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8. Training and/or competency improvement that has been 717-718
attended in the financial year (if any).
9. Description of duties and responsibilities. 706-708
10. Statement that already has a guideline or charter. 706
11. Policy and implementation of the frequency of meetings 712-717
and the level of attendance of members at these meetings.
12. A brief description of the implementation of activities in the 719
financial year.
In the event that a nomination and remuneration committee
is not formed, it is sufficient for the Issuer or Public Company
to disclose the information referred to in letter i) to letter l)
and disclose:
1. The reasons for not forming the committee
2. Parties carrying out nomination and remuneration functions.
Other committees owned by Issuers Least load: SEOJK 16
or Public Companies in order to POJK 17
support the functions and duties 1. Name and title in the membership of the committee. 723, 739-749
of the Board of Directors (if any)
and/or committees that support 2. Age.
the functions and duties of the
Board of Commissioners. 3. Citizenship.
4. Educational background.
5. Position history, including information on:
a. Legal basis for appointment as committee member.
b. Concurrent positions, both as members of the Board
of Commissioners, members of the board of directors,
and/or committee members, and other positions (if any).
c. Work experience and time period, both inside
and outside the issuer or public company.
6. Period and tenure of committee members
7. Committee independence statement. 724-725,
751-752
8. Training and/or competency improvement that has been 730-731,
attended in the financial year (if any). 758-760
9. Description of duties and responsibilities. 720-721, 735
10. Statement that already has a guideline or charter. 720, 734-735
11. Policy and implementation of the frequency of meetings 725-730,
and the level of attendance of members at these meetings 753-758
12. A brief description of the implementation of activities 731-734,
in the financial year. 760-762
Company secretary. 1. Name. 767 SEOJK 16
2. Domicile.
3. Position history, including:
a. Legal basis for appointment as company secretary.
b. Work experience and time period, both inside
and outside the issuer or public company.
4. Educational background.
5. Training and/or competency improvement attended 768
in the financial year.
6. Brief description of the implementation of the duties 768-769
of the corporate secretary in the financial year.
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Internal Audit Unit. 1. Name of the head of the internal audit unit. 774-776 SEOJK 16
POJK 17
2. Position history, including:
a. Legal basis for appointment as company secretary.
b. Work experience and time period, both inside and outside
the issuer or public company.
3. Qualification or certification as an internal audit professional
(if any).
4. Number of employees (internal auditors) in the internal audit 777-778
unit.
5. Training and/or competency improvement attended 779
in the financial year.
6. The structure and position of the internal audit unit. 771-773
7. Description of duties and responsibilities. 776-777
8. A statement that the internal audit unit has guidelines 776
or charters.
9. A brief description of the implementation of the duties of the 781-783
internal audit unit in the financial year, including the policy
and implementation of the frequency of meetings with the
directors, board of commissioners, and/or the audit committee.
Public Accountant. 1. The name and year of the public accountant who audited 837 POJK 17
the annual financial statements for the last 5 years.
2. The name and year of the public accountant who audited
the annual financial statements for the last 5 years.
3. The amount of the fee for each type of service provided
by the Public Accounting Firm in the last financial year.
4. Other services provided by the Public Accounting Firm and
public accountants, in addition to auditing the annual financial
statements for the last financial year.
Notes: if there is no other service in question, so that it is disclosed.
Description of the internal control 1. Financial and operational control, as well as compliance with 839-840 SEOJK 14
system implemented by the issuer other laws and regulations. SEOJK 16
or public company.
2. Review of the effectiveness of the internal control system. 844
3. Statement of the Board of Directors and/or Board 844 SEOJK 16
of Commissioners regarding the adequacy of the internal
control system.
Integrity of Bank Financial Reporting 1. Statement of the Board of Directors regarding its responsibility 839-840 POJK 15
for the implementation of internal control over the Bank’s
financial reporting process; and
2. The Board of Directors’ assessment of the effectiveness of
internal control over the Bank’s financial reporting process
Risk management system 1. General description of the Issuer’s or Public Company’s risk 847-855 SEOJK 16
implemented by Issuers or Public management system. SEOJK 14
Companies.
2. Types of risk and how to manage them. 857-861
3. Review of the effectiveness of the Issuer’s or Public Company’s 864
risk management system.
4. Statement of the Board of Directors and/or Board of 865 SEOJK 16
Commissioners or the audit committee on the adequacy
of the risk management system.
Compliance function. The level of the Bank’s compliance with all provisions and laws 865-875 SEOJK 14
and regulations, as well as fulfillment of commitments with the POJK 17
competent authorities.
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Legal cases with a material impact 1. Main case/lawsuit. 880-883 SEOJK 16
faced by issuers or public
companies, subsidiaries, members 2. Case/lawsuit settlement status.
of the board of directors, and
members of the board of 3. The impact on the condition of issuers or public companies.
commissioners (if any). The risks faced by the company and the nominal value of
claims/lawsuits.
4.Disclosure regarding legal issues at least includes: SEOJK 14
a. the number of civil and criminal cases faced and decisions
that have permanent legal force.
b. the number of civil and criminal matters faced and still in the
process of being resolved.
Notes: in the event that the company, subsidiaries, members
of the Board of Commissioners and members of the Board
of Directors do not have important matters, this must be
disclosed.
Information on administrative 884 SEOJK 16
sanctions/sanctions imposed
on issuers or public companies,
board members, commissioners,
and members of the board of
directors, by the Financial Services
Authority and other authorities in
the financial year (if any).
Information regarding the code 1. Principles of the code of ethics. 890 SEOJK 16
of ethics of Issuers or Public
Companies 2. Forms of dissemination of the code of ethics and enforcement 890-891
efforts.
3. Statement that the code of ethics applies to members of the 890
Board of Directors, members of the Board of Commissioners,
and employees of the Issuer or Public Company.
Implementation of Governance in 1. Remuneration Committee 830 POJK 45
Providing Remuneration for Banks. a. Name of members, composition, duties, and responsibilities.
b. Number of meetings held.
c. Remuneration that has been paid to members of the
Remuneration Committee for 1 (one) year.
2. Remuneration policy formulation process, which includes: 830
a. Review of the background and objectives of the
Remuneration policy.
b. Implementation of a review of the Remuneration policy
in the previous year, along with its improvements.
c. Mechanism to ensure that Remuneration for Employees
in the control unit is independent from the business unit
they supervise.
3. Remuneration policy coverage and its implementation 830
per business unit, per region, and in subsidiaries or branch
offices located overseas
4. Remuneration is associated with risks that include 830
a. The main type of risk (key risk) used in implementing
Remuneration.
b. Criteria for determining the main types of risk, including
for risks that are difficult to measure.
c. The impact of determining the main risk on the Variable
Remuneration policy.
d. Changes in the determination of the main types of risk
compared to last year and the reasons, if any.
5. Performance measurement is associated with remuneration, 831
which includes:
a. Review of Remuneration policies linked to performance
appraisal.
b. The method of linking individual Remuneration with Bank
performance, business unit performance, and individual
performance.
c. A description of the method used by the Bank to state
that the agreed performance cannot be achieved, so it
is necessary to make adjustments to remuneration and
the amount of remuneration adjustments if this condition
occurs.
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Implementation of Governance in 6. Remuneration Adjustment is related to Performance and Risk, 831 POJK 45
Providing Remuneration for Banks. which includes:
a. Policy regarding Variable Remuneration that is deferred,
the amount, and the criteria for determining the amount.
b. The Bank’s policy regarding Variable Deferred
Remuneration, which is postponed for payment (malus),
or withdrawn when it has been paid (clawback).
7. The name of the external consultant and the duties of the 831
consultant related to the Remuneration policy, if the Bank
uses the services of an external consultant.
8. The Remuneration Package and facilities received by the 831
Board of Directors and Board of Commissioners include the
Remuneration structure and details of the nominal amount.
9. Variable Remuneration includes: 832
a. Forms of Variable Remuneration along with the reasons
for choosing this form. And
b. An explanation of any are differences in the provision
of Variable Remuneration among the Directors,
Board of Commissioners and/or Employees.
10. The number of Directors, Board of Commissioners, 832
and Employees who receive Variable Remuneration
for 1 (one) year, and the total amount.
11. Position and number of parties who are material risk 833
takers.
12. Shares option owned by the Board of Directors, 833
Board of Commissioners, and Executive Officers.
13. The ratio of the highest and lowest salaries 833
14. The number of beneficiaries and the total amount of 833
Variable Remuneration guaranteed unconditionally will be
given by the Bank to candidates for the Board of Directors,
candidates for the Board of Commissioners, and/or
prospective Employees during the first 1 (one) year of
work.
15. The number of employees affected by termination 833
of employment and the total amount of severance paid.
16. The number of employees affected by termination 834
of employment and the total amount of severance paid.
17. The total amount of deferred Variable Remuneration paid 834
for 1 (one) year.
18. Details of the amount of Remuneration given in one year 834
include:
a. Fixed or variable remuneration.
b. Deferred and non-deferred remuneration.
c. Forms of Remuneration provided in cash and/or shares
or share-based instruments issued by the Bank.
19. Quantitative information about: 835
a. The total remaining Remuneration that is still
suspended, both exposed to implicit and explicit
adjustments.
b. Total reduction in Remuneration caused by explicit
adjustments during the reporting period.
c. Total reduction in Remuneration caused by implicit
adjustments during the reporting period.
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A brief description of the policy In terms of compensation in the form of management stock SEOJK 16
of providing performance-based ownership program (MSOP) and/or employee stock ownership
long-term compensation to program (ESOP). The information disclosed shall contain at least:
management and/or employees
owned by issuers or public 1. Number of shares and/or options. 835-836
companies (if any), including
but not limited to management 2. Implementation period. 836
stock ownership programs program
ownership/MSOP) and/or employee 3. Eligible employee and/or management requirements. 836
stock ownership program (ESOP).
4. The exercise price or the determination of the exercise price. 836
A brief description of the 1. Share ownership of members of the Board of Directors 677 SEOJK 16
Information disclosure policy and members of the Board of Commissioners, no later than
regarding 3 (three) working days after the ownership or any change
in ownership of the shares of the Public Company.
2. Implementation of the intended policy.
Description of the whistleblowing 1. How to submit a violation report. 894-895 SEOJK 16
system at the Issuer or Public
Company. 2. Protection for reporters. 894
3. The handling of complaints. 895
4. The party managing the complaint. 894
5. The results of handling complaints, at least: 896-897
a. Number of complaints received and processed
in the financial year.
b. Complaint follow-up.
If an issuer or public company does not have a whistleblowing
system, this will be disclosed.
Description of the Issuer’s or Public 1. Programs and procedures carried out in overcoming corrupt 897-901 SEOJK 16
Company’s anti-corruption policy. practices, kickbacks, fraud, bribery, and/or gratuities in Issuers POJK 17
or Public Companies.
2. Anti-corruption training/socialization for employees of Issuers 901
or Public Companies.
In the event that the Issuer or Public Company does not have
an anticorruption policy, the reasons for not having one policy
will be explained.
Handling conflicts of interest 904 SEOJK 14
POJK 17
Provision of funds to related parties Information that needs to be disclosed is the total amount 903 SEOJK 14
and provision of large funds of debit balances for the provision of funds to related parties
(large exposure). and to core debtors (individuals or groups) per report position
Transparency of the Bank’s financial 905 SEOJK 14
and non-financial conditions that POJK 17
have not been disclosed in other
reports.
Other information related to Bank 903 SEOJK 14
Governance, including owner
intervention, internal disputes, or
problems that arise as a result of
remuneration policies at the Bank.
Number of Deviations Disclosure of irregularities (internal fraud) at least includes: 893 SEOJK 14
(Internal Fraud). 1. Number of deviations (internal fraud) that have been resolved.
2. The number of irregularities (internal fraud) that are in the
process of being resolved internally at the bank.
3. Number of irregularities (internal fraud) that have not been
resolved internally at the bank.
4. The number of irregularities (internal fraud) that have been
followed up on through the legal process.
PT Bank Rakyat Indonesia (Persero) Tbk 959
Page 960
OJK Index
Criteria Explanation Page Regulation
Buy Back of Shares and/or Bank 1. Policy on buying back shares or bonds of the Bank. 902-903 SEOJK 14
Bonds. 2. Number of shares and/or bonds bought back.
3. Repurchase price per share and/or bond.
4. Increase in earnings per share and/or bonds.
Provision of Funds for Social Disclosure regarding the provision of funds for social activities 902 SEOJK 14
Activities and/or Political Activities and/or political activities at least includes the recipient of the
During the Reporting Period. funds and the amount of funds provided.
Implementation of sustainable 907 POJK 17
finance, including the implementation
of social and environmental
responsibility
Implementation of Public Company 1. Statement regarding recommendations that have been 554-558 SEOJK 16
governance guidelines for Issuers implemented and/or
that issue equity securities or Public
Companies. 2. Explanation of recommendations that have not been
implemented, accompanied by reasons and alternatives
for implementation (if any).
Disclosure of information can be presented in tabular form.
SOCIAL AND ENVIRONMENTAL RESPONSIBILITY OF THE ISSUER OR PUBLIC COMPANY
Corporate Social Responsibility 1. The information disclosed in the social and environmental 934-939 SEOJK 16
responsibility section is a Sustainability Report as intended
in Financial Services Authority Regulation Number 51/
POJK.03/2017 concerning the Implementation of Sustainable
Finance for Financial Services Institutions, Issuers and Public
Companies, containing at least:
a) Explanation of sustainability strategy.
b) Overview of sustainability aspects (economic, social,
and environmental).
c) Brief profile of the Issuer or Public Company.
d) Directors’ Explanation.
e) Sustainability governance.
f) Sustainability performance.
g) Written verification from an independent party, if any.
h) Feedback sheet for readers, if any.
i) The Issuer’s or Public Company’s response to feedback
from the previous year’s report.
2. Sustainability Report, as referred to in number 1), must be
prepared in accordance with the Technical Guidelines for
Preparing Sustainability Reports for Issuers and Public
Companies as stated in Appendix II, which is an inseparable
part of this Financial Services Authority Circular Letter.
3. Sustainability Report information in number 1) can:
a) Disclosed in other relevant sections outside the social and
environmental responsibility section, such as the Directors’
explanation regarding the Sustainability Report disclosed in
the relevant section of the Directors’ Report; and/or
b) Refer to other sections outside the social and environmental
responsibility section while still referring to the Technical
Guidelines for Preparing Sustainability Reports for Issuers
and Public Companies as listed in Appendix II, which is an
inseparable part of this Financial Services Authority Circular
Letter, such as the profile of the Issuer or Public Company.
4. The Sustainability Report, as referred to in number 1) is an
inseparable part of the Annual Report but can be presented
separately from the Annual Report.
960 PT Bank Rakyat Indonesia (Persero) Tbk
Page 961
Annual Report
2025
Criteria Explanation Page Regulation
5. In the event that the Sustainability Report is presented
separately from the Annual Report, the information disclosed
in the Sustainability Report must:
a) Contains all information as intended in number 1); and
b) Prepared in accordance with the Technical Guidelines for
Preparing Sustainability Reports for Issuers and Public
Companies as stated in Appendix II, which is an inseparable
part of this Financial Services Authority Circular Letter.
6. If the Sustainability Report is presented separately from the
Annual Report, then the social and environmental responsibility
section contains information that social and environmental
responsibility has been disclosed in the Sustainability Report,
which is presented separately from the Annual Report.
7. Submission of a Sustainability Report, which is presented
separately with the Annual Report, must be submitted
simultaneously with the submission of the Annual Report.
NOTE
SEOJK 16 : Financial Services Authority Circular No. 16/SEOJK.04/2021 concerning Form and Content of Annual Reports
of Issuers or Public Companies.
SEOJK 9 : Financial Services Authority Circular No. 9/SEOJK.03/2020 concerning Transparency and Publication
of Conventional Commercial Bank Reports.
SEOJK 14 : Financial Services Authority Circular No. 14/SEOJK.03/2025 concerning Implementation of Governance
for Commercial Banks.
POJK 45 : Financial Services Authority Regulation No. 45/POJK.03/2015 concerning Implementation of Governance
in Providing Remuneration for Commercial Banks.
POJK 17 : Financial Services Authority Regulation No. 17 of 2023 concerning the Implementation of Governance
for Commercial Banks.
POJK 15 : Financial Services Authority Regulation No. 15 of 2024 concerning the Integrity of Bank Financial Reporting.
PT Bank Rakyat Indonesia (Persero) Tbk 961
Page 962
PT Bank Rakyat Indonesia (Persero) Tbk dan entitas anaknya/and its subsidiaries Laporan keuangan konsolidasian tanggal 31 Desember 2025 serta untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/ Consolidated financial statements as of December 31, 2025 and for the year then ended with independent auditor’s report
Page 963
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED
TANGGAL 31 DESEMBER 2025 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR AS OF DECEMBER 31, 2025
PADA TANGGAL TERSEBUT AND FOR THE YEAR THEN ENDED
BESERTA LAPORAN AUDITOR INDEPENDEN WITH INDEPENDENT AUDITOR’S REPORT
Daftar Isi Table of Contents
Halaman/Page
Surat Pernyataan Direksi Statement of the Board of Directors
Laporan Auditor Independen Independent Auditor’s Report
Laporan Posisi Keuangan ................................................ .............................................Consolidated Statement
Konsolidasian ........................................................... 1-4 ............................................. of Financial Position
Laporan Laba Rugi dan Penghasilan ............................... ...................Consolidated Statement of Profit or Loss
Komprehensif Lain Konsolidasian ............................. 5-7 ....................... and Other Comprehensive Income
Laporan Perubahan Ekuitas............................................. .............................................Consolidated Statement
Konsolidasian ........................................................... 8-9 ............................................ of Changes in Equity
Laporan Arus Kas Konsolidasian ..................................... 10-12 ..................... Consolidated Statement of Cash Flows
Catatan atas Laporan Keuangan ..................................... ...........................Notes to the Consolidated Financial
Konsolidasian ........................................................... 13-433 ........................................................... Statements
*******************
Page 964
Page 965
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen Independent Auditor’s Report
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 1/1/II/2026
Pemegang Saham, Dewan Komisaris, dan The Shareholders and the Boards of
Direksi Commissioners and Directors
PT Bank Rakyat Indonesia (Persero) Tbk. PT Bank Rakyat Indonesia (Persero) Tbk.
Opini Opinion
Kami telah mengaudit laporan keuangan We have audited the accompanying consolidated
konsolidasian PT Bank Rakyat Indonesia (Persero) financial statements of PT Bank Rakyat Indonesia
Tbk. (“Bank”) dan entitas anaknya (secara kolektif (Persero) Tbk. (the “Bank”) and its subsidiaries
disebut sebagai “Grup”) terlampir, yang terdiri (collectively referred to as the “Group”), which
dari laporan posisi keuangan konsolidasian comprise the consolidated statement of financial
tanggal 31 Desember 2025, serta laporan laba position as of December 31, 2025, and the
rugi dan penghasilan komprehensif lain consolidated statement of profit or loss and other
konsolidasian, laporan perubahan ekuitas comprehensive income, consolidated statement of
konsolidasian, dan laporan arus kas konsolidasian changes in equity, and consolidated statement of
untuk tahun yang berakhir pada tanggal tersebut, cash flows for the year then ended, and notes to
serta catatan atas laporan keuangan the consolidated financial statements, including
konsolidasian, termasuk informasi kebijakan material accounting policy information.
akuntansi material.
Menurut opini kami, laporan keuangan In our opinion, the accompanying consolidated
konsolidasian terlampir menyajikan secara wajar, financial statements present fairly, in all material
dalam semua hal yang material, posisi keuangan respects, the consolidated financial position of the
konsolidasian Grup tanggal 31 Desember 2025, Group as of December 31, 2025, and its
serta kinerja keuangan dan arus kas consolidated financial performance and cash flows
konsolidasiannya untuk tahun yang berakhir pada for the year then ended, in accordance with
tanggal tersebut, sesuai dengan Standar Indonesian Financial Accounting Standards.
Akuntansi Keuangan di Indonesia.
Basis opini Basis for opinion
Kami melaksanakan audit kami berdasarkan We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung Indonesian Institute of Certified Public Accountants
jawab kami menurut standar tersebut diuraikan (“IICPA”). Our responsibilities under those
lebih lanjut dalam paragraf Tanggung Jawab standards are further described in the Auditor’s
Auditor terhadap Audit atas Laporan Keuangan Responsibilities for the Audit of the Consolidated
Konsolidasian pada laporan kami. Kami Financial Statements paragraph of our report. We
independen terhadap Grup berdasarkan are independent of the Group in accordance with
ketentuan etika yang relevan dalam audit kami the ethical requirements relevant to our audit of
atas laporan keuangan konsolidasian di Indonesia, the consolidated financial statements in Indonesia,
dan kami telah memenuhi tanggung jawab etika and we have fulfilled our other ethical
lainnya berdasarkan ketentuan tersebut. Kami responsibilities in accordance with such
yakin bahwa bukti audit yang telah kami peroleh requirements. We believe that the audit evidence
adalah cukup dan tepat untuk menyediakan suatu we have obtained is sufficient and appropriate to
basis bagi opini kami. provide a basis for our opinion.
KAP Purwanto Susanti dan Surja
Registered Public Accountants KMK No. 69/MK/SK/2025
i
A member firm of Ernst & Young Global Limited
Page 966
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026(lanjutan) 1/1/II/2026(continued)
Hal audit utama Key audit matters
Hal audit utama adalah hal-hal yang, menurut Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal professional judgment, were of most significance in
yang paling signifikan dalam audit kami atas our audit of the consolidated financial statements
laporan keuangan konsolidasian periode kini. Hal of the current period. Such key audit matters were
audit utama tersebut disampaikan dalam konteks addressed in the context of our audit of the
audit kami atas laporan keuangan konsolidasian consolidated financial statements taken as a whole,
secara keseluruhan, dan dalam merumuskan opini and in forming our audit opinion thereon, and we do
kami atas laporan keuangan konsolidasian terkait, not provide a separate audit opinion on such key
dan kami tidak menyatakan suatu opini terpisah audit matters. For the key audit matter below, our
atas hal audit utama tersebut. Untuk hal audit description of how our audit addressed such key
utama di bawah ini, penjelasan kami tentang audit matter is provided in such context
bagaimana audit kami merespons hal tersebut
disampaikan dalam konteks tersebut.
Kami telah memenuhi tanggung jawab yang We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan Consolidated Financial Statements paragraph of
Konsolidasian pada laporan kami, termasuk our report, including in relation to the key audit
sehubungan dengan hal audit utama yang matter communicated below. Accordingly, our
dikomunikasikan di bawah ini. Oleh karena itu, audit included the performance of procedures
audit kami mencakup pelaksanaan prosedur yang designed to respond to our assessment of the risks
didesain untuk merespons penilaian kami atas of material misstatement of the accompanying
risiko kesalahan penyajian material dalam laporan consolidated financial statements. The results of
keuangan konsolidasian terlampir. Hasil prosedur our audit procedures, including the procedures
audit kami, termasuk prosedur yang dilakukan performed to address the key audit matter below,
untuk merespons hal audit utama di bawah ini, provide the basis for our opinion on the
menyediakan basis bagi opini kami atas laporan accompanying consolidated financial statements.
keuangan konsolidasian terlampir.
Cadangan kerugian penurunan nilai atas kredit Allowance for impairment losses of loan
Penjelasan atas hal audit utama: Description of the key audit matter:
Seperti yang dijelaskan dalam Catatan 11 atas As described in Note 11 to the accompanying
laporan keuangan konsolidasian terlampir, pada consolidated financial statements, as of December
tanggal 31 Desember 2025, saldo cadangan 31, 2025, the balance of allowance for impairment
kerugian penurunan nilai atas kredit yang losses of loans amounted to Rp79,328,619 million.
diberikan adalah sebesar Rp79.328.619 juta. Refer to material accounting policy information for
Lihat informasi kebijakan akuntansi material allowance for impairment losses on financial assets
untuk cadangan kerugian penurunan nilai atas disclosed in Note 2e, use of significant accounting
aset keuangan yang diungkapkan dalam Catatan judgments, estimates and assumptions in Note 2ap,
2e, penggunaan pertimbangan, estimasi dan and the disclosures of allowances for impairment
asumsi akuntansi yang signifikan dalam Catatan losses of loans in Note 11 to the accompanying
2ap, dan pengungkapan cadangan kerugian consolidated financial statements.
penurunan nilai atas kredit yang diberikan dalam
Catatan 11 atas laporan keuangan konsolidasian
terlampir.
ii
A member firm of Ernst & Young Global Limited
Page 967
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Hal audit utama (lanjutan) Key audit matters (continued)
Penjelasan atas hal audit utama: (lanjutan) Description of the key audit matter: (continued)
Kami berfokus pada area ini karena saldo kredit We focused on this area because the balances of
yang diberikan dan cadangan kerugian penurunan loans and allowance for impairment losses of loans
nilai atas kredit yang diberikan adalah signifikan are significant to the accompanying consolidated
terhadap laporan keuangan konsolidasian financial statements. In addition, the determination
terlampir. Selain itu, penentuan cadangan of allowance for impairment losses requires
kerugian penurunan nilai memerlukan judgment and is subject to estimation uncertainty
pertimbangan dan memiliki ketidakpastian which includes determining the model to calculate
estimasi termasuk dalam penentuan model untuk allowance for impairment losses, identification of
menghitung cadangan kerugian penurunan nilai, credit exposures with significant deterioration in
identifikasi eksposur kredit yang mengalami credit quality, and determining assumptions used in
penurunan kualitas kredit yang signifikan, dan the allowance for impairment losses calculation
penentuan asumsi yang digunakan dalam model models (for exposures assessed on an individual or
perhitungan cadangan kerugian penurunan nilai collective basis), which incorporates forward-
(untuk eksposur yang dinilai secara individu atau looking macroeconomic factors.
kolektif), termasuk faktor-faktor ekonomi makro
berorientasi masa depan.
Respons audit: Audit response:
Kami melakukan pengujian pengendalian utama We tested the key controls over the loan
atas pemberian kredit, penilaian kualitas kredit origination, regular internal credit quality
internal secara regular, serta pencatatan dan assessments, and recording and monitoring of the
pengawasan kredit yang diberikan. Kami loans. We obtained understanding and assessed
memeroleh pemahaman dan menilai metodologi impairment measurement methodologies and
pengukuran penurunan nilai, serta melakukan performed validation of allowance for impairment
validasi atas model pencadangan kerugian losses models, inputs, basis, and assumptions used
penurunan nilai, data masukan, dasar, dan asumsi by the Group in calculating the allowance for
yang digunakan oleh Grup dalam menghitung impairment losses, and tested the classification into
cadangan kerugian penurunan nilai, serta menguji the three-stage credit quality of loan portfolios in
tiga tahapan kualitas kredit atas portofolio kredit accordance with staging criteria developed by the
yang diberikan sesuai dengan kriteria tingkatan Group for loans. We tested whether historical
(staging) yang disusun oleh Grup untuk kredit experience is representative of current
yang diberikan. Kami menguji apakah pengalaman circumstances and of the recent losses incurred in
historis mewakili keadaan saat ini dan kerugian the portfolios, and assessed the reasonableness of
terkini yang terjadi dalam portofolio, serta menilai forward-looking adjustments, macroeconomic
kewajaran atas penyesuaian berorientasi masa factor analysis, and probability-weighted multiple
depan, analisis faktor ekonomi makro, dan scenarios for loans.
beberapa skenario probabilitas tertimbang untuk
kredit yang diberikan.
iii
A member firm of Ernst & Young Global Limited
Page 968
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Hal audit utama (lanjutan) Key audit matters (continued)
Respons audit: (lanjutan) Audit response: (continued)
Untuk cadangan kerugian penurunan nilai yang With respect to individually assessed allowance for
dinilai secara individual, kami menguji sampel impairment losses, we tested the samples of loans
kredit yang diberikan untuk mengevaluasi to evaluate the timely identification by the Group of
identifikasi secara tepat waktu oleh Grup atas exposures with significant deterioration in credit
eksposur yang mengalami penurunan kualitas quality or which have been impaired; for cases
kredit yang signifikan atau yang telah mengalami where impairment has been identified, we assessed
penurunan nilai; untuk kasus-kasus dimana the Group’s assumptions on the expected future
penurunan nilai telah diidentifikasi, kami menilai cash flows, including the value of realizable
asumsi Grup atas arus kas masa depan collateral based on available market information or
ekspektasian, termasuk nilai agunan yang dapat valuation prepared by independent valuer or
direalisasikan berdasarkan informasi pasar yang internal valuer.
tersedia atau penilaian yang dilakukan oleh penilai
independen dan internal.
Kami memeriksa keakurasian perhitungan jumlah We checked the accuracy of the calculation of
cadangan kerugian penurunan nilai dengan allowance for impairment losses amount by
melakukan perhitungan ulang atas keseluruhan recalculating the collective impairment for the
portofolio yang penurunan nilainya dinilai secara entire portfolio and recalculating the individual
kolektif dan melakukan perhitungan ulang atas impairment on a sample basis. We assessed the key
penurunan nilai yang dinilai secara individual assumptions used in the post model adjustments/
berdasarkan sampel. Kami melakukan penilaian management overlays which were applied to
atas asumsi utama yang digunakan dalam respond to risks not fully captured by the models.
penyesuaian pasca model/management overlay We assessed whether the consolidated financial
yang diterapkan untuk mengantisipasi risiko yang statements disclosures are adequately and
tidak dapat ditangkap sepenuhnya oleh model. appropriately reflecting the Group’s exposures to
Kami menilai apakah pengungkapan dalam credit risk. We involved our auditor’s internal expert
laporan keuangan konsolidasian cukup dan secara in the performance of the above procedures where
memadai mencerminkan eksposur Grup terhadap their specific expertise was required.
risiko kredit. Kami melibatkan pakar auditor
internal kami untuk membantu kami dalam
melakukan prosedur-prosedur di atas ketika
keahlian spesifik mereka diperlukan.
iv
A member firm of Ernst & Young Global Limited
Page 969
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Informasi lain Other information
Manajemen bertanggung jawab atas informasi Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang information. Other information comprises the
tercantum dalam Laporan Tahunan 2025 selain information included in the 2025 Annual Report
laporan keuangan konsolidasian terlampir dan other than the accompanying consolidated
laporan auditor independen kami (“Laporan financial statements and our independent auditor’s
Tahunan”). Laporan Tahunan diharapkan akan report thereon (the “Annual Report”). The Annual
tersedia bagi kami setelah tanggal laporan Report is expected to be made available to us after
auditor independen ini. the date of this independent auditor’s report.
Opini kami atas laporan keuangan konsolidasian Our opinion on the accompanying consolidated
terlampir tidak mencakup Laporan Tahunan, dan financial statements does not cover the Annual
oleh karena itu, kami tidak menyatakan bentuk Report, and accordingly, we do not express any
keyakinan apapun atas Laporan Tahunan form of assurance on the Annual Report.
tersebut.
Sehubungan dengan audit kami atas laporan In connection with our audit of the accompanying
keuangan konsolidasian terlampir, tanggung consolidated financial statements, our
jawab kami adalah untuk membaca Laporan responsibility is to read the Annual Report when it
Tahunan ketika tersedia dan, dalam becomes available and, in doing so, consider
melaksanakannya, mempertimbangkan apakah whether the Annual Report is materially
Laporan Tahunan mengandung inconsistent with the accompanying consolidated
ketidakkonsistensian material dengan laporan financial statements or our knowledge obtained in
keuangan konsolidasian terlampir atau the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit, misstated.
atau mengandung kesalahan penyajian material.
Ketika kami membaca Laporan Tahunan, jika When we read the Annual Report, if we conclude
kami menyimpulkan bahwa terdapat suatu that there is a material misstatement therein, we
kesalahan penyajian material di dalamnya, kami are required to communicate the matter to those
diharuskan untuk mengomunikasikan hal charged with governance and take appropriate
tersebut kepada pihak yang bertanggung jawab actions based on the applicable laws and
atas tata kelola dan melakukan tindakan yang regulations.
tepat berdasarkan peraturan perundang-
undangan yang berlaku.
v
A member firm of Ernst & Young Global Limited
Page 970
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab manajemen dan pihak yang Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap charged with governance for the consolidated
laporan keuangan konsolidasian financial statements
Manajemen bertanggung jawab atas penyusunan Management is responsible for the preparation and
dan penyajian wajar laporan keuangan fair presentation of the consolidated financial
konsolidasian tersebut sesuai dengan Standar statements in accordance with Indonesian Financial
Akuntansi Keuangan di Indonesia, dan atas Accounting Standards, and for such internal
pengendalian internal yang dianggap perlu oleh control as management determines is necessary to
manajemen untuk memungkinkan penyusunan enable the preparation of consolidated financial
laporan keuangan konsolidasian yang bebas dari statements that are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error.
disebabkan oleh kecurangan maupun kesalahan.
Dalam penyusunan laporan keuangan In preparing the consolidated financial statements,
konsolidasian, manajemen bertanggung jawab management is responsible for assessing the
untuk menilai kemampuan Grup dalam Group’s ability to continue as a going concern,
mempertahankan kelangsungan usahanya, disclosing, as applicable, matters related to going
mengungkapkan, sesuai dengan kondisinya, hal- concern, and using the going concern basis of
hal yang berkaitan dengan kelangsungan usaha, accounting, unless management either intends to
dan menggunakan basis akuntansi kelangsungan liquidate the Group or to cease its operations, or
usaha, kecuali manajemen memiliki intensi untuk has no realistic alternative but to do so.
melikuidasi Grup atau menghentikan operasi, atau
tidak memiliki alternatif yang realistis selain
melaksanakannya.
Pihak yang bertanggung jawab atas tata kelola Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses overseeing the Group’s financial reporting process.
pelaporan keuangan Grup.
vi
A member firm of Ernst & Young Global Limited
Page 971
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian consolidated financial statements
Tujuan kami adalah untuk memeroleh keyakinan Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan about whether the consolidated financial
konsolidasian secara keseluruhan bebas dari statements taken as a whole are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error, and
disebabkan oleh kecurangan maupun kesalahan, to issue an independent auditor’s report that
dan untuk menerbitkan laporan auditor includes our opinion. Reasonable assurance is a
independen yang mencakup opini kami. Keyakinan high level of assurance, but is not a guarantee that
memadai merupakan suatu tingkat keyakinan an audit conducted in accordance with Standards
tinggi, namun bukan merupakan suatu jaminan on Auditing established by the IICPA will always
bahwa audit yang dilaksanakan berdasarkan detect a material misstatement when it exists.
Standar Audit yang ditetapkan oleh IAPI akan Misstatements can arise from fraud or error and
selalu mendeteksi kesalahan penyajian material are considered material if, individually or in the
ketika hal tersebut ada. Kesalahan penyajian aggregate, they could reasonably be expected to
dapat disebabkan oleh kecurangan maupun influence the economic decisions of users taken on
kesalahan dan dianggap material jika, baik secara the basis of these consolidated financial
individual maupun agregat, dapat diekspektasikan statements.
secara wajar akan memengaruhi keputusan
ekonomi yang diambil oleh pengguna berdasarkan
laporan keuangan konsolidasian tersebut.
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga:
Mengidentifikasi dan menilai risiko kesalahan Identify and assess the risks of material
penyajian material dalam laporan keuangan misstatement of the consolidated financial
konsolidasian, baik yang disebabkan oleh statements, whether due to fraud or error,
kecurangan maupun kesalahan, mendesain design and perform audit procedures
dan melaksanakan prosedur audit yang responsive to such risks, and obtain audit
responsif terhadap risiko tersebut, serta evidence that is sufficient and appropriate to
memeroleh bukti audit yang cukup dan tepat provide a basis for our opinion. The risk of not
untuk menyediakan basis bagi opini kami. detecting a material misstatement resulting
Risiko tidak terdeteksinya suatu kesalahan from fraud is higher than for one resulting from
penyajian material yang disebabkan oleh error, as fraud may involve collusion, forgery,
kecurangan lebih tinggi daripada yang intentional omissions, misrepresentations, or
disebabkan oleh kesalahan, karena override of internal control.
kecurangan dapat melibatkan kolusi,
pemalsuan, penghilangan secara sengaja,
pernyataan salah, atau pengabaian atas
pengendalian internal.
vii
A member firm of Ernst & Young Global Limited
Page 972
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan) (continued)
Memeroleh suatu pemahaman tentang Obtain an understanding of internal control
pengendalian internal yang relevan dengan relevant to the audit in order to design audit
audit untuk mendesain prosedur audit yang procedures that are appropriate in the
tepat sesuai dengan kondisinya, tetapi bukan circumstances, but not for the purpose of
untuk tujuan menyatakan suatu opini atas expressing an opinion on the effectiveness of
keefektivitasan pengendalian internal Grup. the Group’s internal control.
Mengevaluasi ketepatan kebijakan akuntansi Evaluate the appropriateness of accounting
yang digunakan serta kewajaran estimasi policies used and the reasonableness of
akuntansi dan pengungkapan terkait yang accounting estimates and related disclosures
dibuat oleh manajemen. made by management.
Menyimpulkan ketepatan penggunaan basis Conclude on the appropriateness of
akuntansi kelangsungan usaha oleh management's use of the going concern basis
manajemen dan, berdasarkan bukti audit yang of accounting and, based on the audit evidence
diperoleh, apakah terdapat suatu obtained, whether a material uncertainty exists
ketidakpastian material yang terkait dengan related to events or conditions that may cast
peristiwa atau kondisi yang dapat significant doubt on the Group's ability to
menyebabkan keraguan signifikan atas continue as a going concern. If we conclude
kemampuan Grup untuk mempertahankan that a material uncertainty exists, we are
kelangsungan usahanya. Ketika kami required to draw attention in our independent
menyimpulkan bahwa terdapat suatu auditor's report to the related disclosures in
ketidakpastian material, kami diharuskan the consolidated financial statements or, if
untuk menarik perhatian dalam laporan such disclosures are inadequate, to modify our
auditor independen kami ke pengungkapan opinion. Our conclusion is based on the audit
terkait dalam laporan keuangan konsolidasian evidence obtained up to the date of our
atau, jika pengungkapan tersebut tidak independent auditor's report. However, future
memadai, memodifikasi opini kami. events or conditions may cause the Group to
Kesimpulan kami didasarkan pada bukti audit cease to continue as a going concern.
yang diperoleh hingga tanggal laporan auditor
independen kami. Namun, peristiwa atau
kondisi masa depan dapat menyebabkan Grup
tidak dapat mempertahankan kelangsungan
usaha.
viii
A member firm of Ernst & Young Global Limited
Page 973
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00072/2.1505/AU.1/07/1865- Report No. 00072/2.1505/AU.1/07/1865-
1/1/II/2026 (lanjutan) 1/1/II/2026 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan) (continued)
Mengevaluasi penyajian, struktur, dan isi Evaluate the overall presentation, structure,
laporan keuangan konsolidasian secara and content of the consolidated financial
keseluruhan, termasuk pengungkapannya, statements, including the disclosures, and
dan apakah laporan keuangan konsolidasian whether the consolidated financial statements
mencerminkan transaksi dan peristiwa yang represent the underlying transactions and
mendasarinya dengan suatu cara yang events in a manner that achieves fair
mencapai penyajian wajar. presentation.
Memeroleh bukti audit yang cukup dan tepat Obtain sufficient appropriate audit evidence
terkait informasi keuangan entitas atau regarding the financial information of the
aktivitas bisnis dalam Grup untuk menyatakan entities or business activities within the Group
opini atas laporan keuangan konsolidasian. to express an opinion on the consolidated
Kami bertanggung jawab atas arahan, financial statements. We are responsible for
supervisi, dan pelaksanaan audit grup. Kami the direction, supervision, and performance of
tetap bertanggung jawab sepenuhnya atas the group audit. We remain solely responsible
opini audit kami. for our audit opinion.
Kami mengomunikasikan kepada pihak yang We communicate with those charged with
bertanggung jawab atas tata kelola mengenai, governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang planned scope and timing of the audit and
direncanakan atas audit serta temuan audit significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi during our audit.
oleh kami selama audit.
Kami juga memberikan suatu pernyataan kepada We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika yang relevant ethical requirements regarding
relevan mengenai independensi, dan independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh relationships and other matters that may
hubungan, serta hal-hal lain yang dianggap secara reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami, independence, and where applicable, related
dan, jika relevan, pengamanan terkait. safeguards.
ix
A member firm of Ernst & Young Global Limited
Page 974
A member firm of Ernst & Young Global Limited
Page 975
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN FINANCIAL POSITION
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1 Januari
2024/
31 Desember
2023*)/
31 Desember 31 Desember January 1,
2025/ 2024*)/ 2024/
Catatan/ December 31, December 31, December 31,
Notes 2025 2024*) 2023*)
ASET ASSETS
Kas 3 32.044.482 29.783.642 31.603.784 Cash
Giro pada Current accounts with
Bank Indonesia 4 31.929.608 88.878.969 101.909.121 Bank Indonesia
Current accounts with
Giro pada Bank Lain 5,44 42.444.581 25.582.825 22.331.919 Other Banks
Cadangan kerugian Allowance for
penurunan nilai (11.273) (8.378) (9.984) impairment losses
42.433.308 25.574.447 22.321.935
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan Lembaga Keuangan Lain 6,44 21.057.210 57.874.335 65.225.260 and Other Financial Institutions
Cadangan kerugian Allowance for
penurunan nilai (2.405) (767) (1.860) impairment losses
21.054.805 57.873.568 65.223.400
Efek-efek 7,44 372.732.802 326.535.700 331.091.304 Securities
Cadangan kerugian Allowance for
penurunan nilai (89.519) (58.823) (81.510) impairment losses
372.643.283 326.476.877 331.009.794
Wesel Ekspor dan Export Bills and
Tagihan Lainnya 8,44 48.252.083 40.656.822 54.130.097 Other Receivables
Cadangan kerugian Allowance for
penurunan nilai (465.498) (1.075.559) (2.323.916) impairment losses
47.786.585 39.581.263 51.806.181
Efek-efek yang Dibeli dengan Securities Purchased Under
Janji Dijual Kembali 9,44 24.452 16.845.690 33.595.231 Agreement to Resell
Tagihan Derivatif 10 1.167.029 1.087.048 911.683 Derivative Receivables
Kredit yang Diberikan 11,44 1.460.729.418 1.298.318.089 1.212.578.086 Loans
Cadangan kerugian Allowance for
penurunan nilai (79.328.619) (76.902.889) (81.924.402) impairment losses
1.381.400.799 1.221.415.200 1.130.653.684
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
1
Page 976
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN (lanjutan) FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1 Januari
2024/
31 Desember
2023*)/
31 Desember 31 Desember January 1,
2025/ 2024*)/ 2024/
Catatan/ December 31, December 31, December 31,
Notes 2025 2024*) 2023*)
ASET (lanjutan) ASSETS (continued)
Pinjaman Syariah 12 56.350.282 49.889.082 45.937.696 Sharia Loans
Cadangan kerugian Allowance for
penurunan nilai (3.565.115) (3.995.032) (3.362.178) impairment losses
52.785.167 45.894.050 42.575.518
Piutang Sewa Pembiayaan 13,44 4.406.157 6.433.608 7.913.465 Finance Lease Receivables
Cadangan kerugian Allowance for
penurunan nilai (164.922) (165.590) (215.308) impairment losses
4.241.235 6.268.018 7.698.157
Tagihan Akseptasi 14,44 13.078.567 10.105.373 10.217.408 Acceptance Receivables
Cadangan kerugian Allowance for
penurunan nilai (32.226) (321.683) (249.698) impairment losses
13.046.341 9.783.690 9.967.710
Penyertaan Saham 15,44 8.834.868 8.076.567 7.305.491 Investment in Shares
Aset Tetap 16 Premises and Equipment
Biaya perolehan 94.045.303 88.479.818 81.463.777 Cost
Akumulasi penyusutan (30.751.063) (26.001.853) (21.785.658) Accumulated depreciation
Nilai buku - neto 63.294.240 62.477.965 59.678.119 Book value - net
Aset Pajak Tangguhan - neto 38c 8.129.522 12.800.660 15.445.977 Deferred Tax Assets - net
Properti Investasi 17a 19.115 197.380 199.635 Investment Property
Aset Lain-lain - neto 2c,2e,2p, Other Assets - net
2q,2r,2ao, 54.536.266 39.171.872 53.509.534
17b
TOTAL ASET 2.135.371.105 1.992.186.906 1.965.414.954 TOTAL ASSETS
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
2
Page 977
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN (lanjutan) FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1 Januari
2024/
31 Desember
2023*)/
31 Desember 31 Desember January 1,
2025/ 2024*)/ 2024/
Catatan/ December 31, December 31, December 31,
Notes 2025 2024*) 2023*)
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas Segera 2c,2s,18 39.818.745 36.821.661 30.651.807 Liabilities Due Immediately
Simpanan Nasabah 2c,2d,2t,44 Deposits from Customers
Giro 19 448.203.670 374.554.340 346.124.372 Demand Deposits
Tabungan 20 587.585.862 544.426.947 527.945.550 Saving Deposits
Deposito Berjangka 21 431.054.307 446.468.817 484.258.839 Time Deposits
Total Simpanan Nasabah 1.466.843.839 1.365.450.104 1.358.328.761 Total Deposits from Customers
Simpanan dari Bank Lain dan 2c,2d,2t Deposits from Other Banks and
Lembaga Keuangan Lain 22,44 17.601.436 14.679.482 11.958.319 Other Financial Institutions
Efek-efek yang Dijual dengan Janji 2c,2d,2u Securities Sold Under Agreement
Dibeli Kembali 23,44 27.932.749 25.043.717 19.079.458 to Repurchase
Liabilitas Derivatif 2c,2aj,10 1.101.753 1.585.120 925.210 Derivative Payables
Liabilitas Akseptasi 2c,2d,2m,14,44 13.078.567 10.105.373 10.217.408 Acceptance Payables
Utang Pajak 2ak, 38a 3.299.310 2.150.487 2.546.839 Taxes Payable
Surat Berharga yang Diterbitkan 2c,2v,24,44 40.901.648 32.502.499 49.637.581 Marketable Securities Issued
Pinjaman yang Diterima 2c,2d,2w,25,44 129.186.116 127.879.804 98.850.813 Fund Borrowings
Estimated Losses
Estimasi Kerugian Komitmen 2d,2e, on Commitments
dan Kontinjensi 26,44 1.946.135 2.551.050 6.117.768 and Contingencies
Liabilitas Imbalan Kerja 2d,2ae,27,42,44 27.428.311 20.936.335 23.059.624 Liabilities for Employee Benefits
Liabilitas Lain-lain 2c,2y,2ad,2ao, 34.804.195 28.674.477 36.685.788 Other Liabilities
28,45b
Pinjaman dan Surat Berharga Subordinated Loans
Subordinasi 2c,2x,29 486.867 491.781 496.683 and Marketable Securities
TOTAL LIABILITAS 1.804.429.671 1.668.871.890 1.648.556.059 TOTAL LIABILITIES
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
3
Page 978
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN (lanjutan) FINANCIAL POSITION (continued)
Tanggal 31 Desember 2025 As of December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1 Januari
2024/
31 Desember
2023*)/
31 Desember 31 Desember January 1,
2025/ 2024*)/ 2024/
Catatan/ December 31, December 31, December 31,
Notes 2025 2024*) 2023*)
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
(lanjutan) (continued)
EKUITAS EQUITY
Modal saham - nilai nominal Rp50 Capital stock - par value Rp50
(nilai penuh) per lembar saham (full amount) per share
Authorized capital -
Modal dasar - 300.000.000.000 300,000,000,000 shares
Lembar saham (terdiri dari 1 (consisting of 1 Series A
lembar saham Seri A Dwiwarna Dwiwarna Share and
dan 299.999.999.999 299,999,999,999
lembar saham Seri B) Series B shares)
Modal ditempatkan dan disetor Issued and fully paid capital
penuh - 151.559.001.604 lembar - 151,559,001,604 shares
saham (terdiri dari 1 lembar (consisting of 1 Series A
saham Seri A Dwiwarna dan Dwiwarna share and
151.559.001.603 lembar saham 151,559,001,603 Series
Seri B) 1,31a 7.577.950 7.577.950 7.577.950 B shares)
Tambahan modal disetor 31b 75.946.195 75.880.223 75.853.127 Additional paid-in-capital
Revaluation surplus arising from
premises and equipment -
Surplus revaluasi aset tetap - neto 2o,16 20.754.251 20.222.379 20.216.505 net of tax
Differences arising from the
Selisih kurs karena penjabaran laporan translation of foreign currency
keuangan dalam mata uang asing 2ai,31c 227.059 (204.632) (253.744) financial statements
Keuntungan (kerugian) yang
belum direalisasi atas Unrealized gain (loss) on
efek-efek yang diklasifikasikan fair value through
sebagai nilai wajar melalui other comprehensive income
penghasilan komprehensif securities - net of
lain - neto 2h 1.289.152 (2.196.060) (2.221.745) deferred tax
Cadangan kerugian penurunan Allowance for
nilai atas efek-efek yang impairment losses
diklasifikasikan sebagai nilai on fair value through other
wajar melalui penghasilan comprehensive income
komprehensif lain 2h,7 60.966 51.931 128.230 securities
Loss on remeasurement of
Kerugian pengukuran kembali defined benefit plan -
program imbalan pasti - neto 2ae (2.198.095) (505.787) (2.134.699) net of deferred tax
Modal saham diperoleh kembali
(saham treasuri) 1d (4.463.270) (4.349.007) (3.614.321) Treasury stock
Opsi saham 2af,30 121.808 313.404 54.769 Stock option
Cadangan kompensasi atas Provision for bonus shares
saham bonus 31f 453.231 452.031 287.482 compensation
Dampak transaksi dengan Impact of transaction with non-
kepentingan non pengendali 31g 1.758.580 1.758.580 1.758.580 controlling interest
Insurance finance reserve-net
Cadangan keuangan asuransi - neto (157.347) (5.050) (47.420) of deferred tax
Saldo laba Retained earnings
Telah ditentukan penggunaannya 3.022.685 3.022.685 3.022.685 Appropriated
Belum ditentukan penggunaannya 219.640.693 215.009.704 210.838.538 Unappropriated
Total Saldo Laba 222.663.378 218.032.389 213.861.223 Total Retained Earning
Total ekuitas yang dapat diatribusikan Total equity attributable to equity
kepada entitas induk 324.033.858 317.028.351 311.465.937 holders of the parent entity
Kepentingan non-pengendali 31h 6.907.576 6.286.665 5.392.958 Non-controlling Interest
TOTAL EKUITAS 330.941.434 323.315.016 316.858.895 TOTAL EQUITY
TOTAL LIABILITIES
TOTAL LIABILITAS DAN EKUITAS 2.135.371.105 1.992.186.906 1.965.414.954 AND EQUITY
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
4
Page 979
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT
KOMPREHENSIF LAIN KONSOLIDASIAN OF PROFIT OR LOSS AND OTHER
Untuk Tahun yang Berakhir pada Tanggal COMPREHENSIVE INCOME
31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,
Catatan/
2025 Notes 2024*)
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL FROM OPERATIONS
Pendapatan Bunga dan Syariah 32 Interest and Sharia Income
Pendapatan bunga 192.859.238 185.272.091 Interest income
Pendapatan syariah 14.924.130 13.994.161 Sharia income
Total Pendapatan Bunga dan Syariah 207.783.368 199.266.252 Total Interest and Sharia Income
Beban Bunga dan Syariah 33 Interest and Sharia Expenses
Beban bunga (56.012.924) (55.601.330) Interest expenses
Beban syariah (1.272.015) (1.006.265) Sharia expenses
Total Beban Bunga dan Syariah (57.284.939) (56.607.595) Total Interest and Sharia Expenses
Pendapatan Bunga dan Syariah - neto 150.498.429 142.658.657 Interest and Sharia income - net
Pendapatan jasa asuransi 7.662.733 2ac 7.346.611 Insurance service income
Beban jasa asuransi (6.364.550) 2ac (6.179.801) Insurance service expense
Pendapatan jasa asuransi - neto 1.298.183 1.166.810 Insurance service income - net
Pendapatan penjualan emas 61.566.593 2am 18.192.082 Revenue from gold sold
Beban harga pokok penjualan emas (59.167.627) 2am (17.488.885) Cost of revenue from gold sold
Pendapatan penjualan emas - neto 2.398.966 703.197 Revenue from gold sold - net
Pendapatan Operasional lainnya Other Operating Income
Provisi dan komisi lainnya 21.447.045 20.390.833 Other fees and commissions
Penerimaan kembali aset yang
telah dihapusbukukan Recovery of written-off assets
dan klaim asuransi 20.952.308 25.363.951 and insurance claim
Keuntungan dari penjualan Gain on sale
efek-efek - neto 3.372.396 7e 2.209.474 of securities - net
Keuntungan transaksi mata uang Gain on foreign
asing - neto 2.087.065 1.187.802 exchange - net
Keuntungan yang belum direalisasi 7d Unrealized gain on changes
dari perubahan nilai wajar in fair value on securities
efek-efek 160.659 -
Lain-lain 5.661.719 4.796.269 Others
Total Pendapatan Total Other
Operasional Lainnya 53.681.192 53.948.329 Operating Income
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
5
Page 980
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT
KOMPREHENSIF LAIN KONSOLIDASIAN (lanjutan) OF PROFIT OR LOSS AND OTHER
Untuk Tahun yang Berakhir pada Tanggal COMPREHENSIVE INCOME (continued)
31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,
Catatan/
2025 Notes 2024*)
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL (lanjutan) FROM OPERATIONS (continued)
Beban penyisihan kerugian Provision for allowance
penurunan nilai atas for impairment losses
aset keuangan - neto (46.723.647) 34 (41.744.402) on financial assets - net
Pembalikan penyisihan Reversal of allowance for
estimasi kerugian estimated losses
komitmen dan on commitments and
kontinjensi - neto 624.058 26c 3.596.482 contingencies - net
Beban penyisihan kerugian Provision for allowance
penurunan nilai atas for impairment losses
aset non-keuangan - neto (82.414) (13.008) non financial assets - net
Beban Operasional lainnya Other Operating Expenses
Tenaga kerja dan tunjangan (42.113.566) 35,42,44 (38.616.534) Salaries and employee benefits
Umum dan administrasi (33.776.049) 36,16 (29.288.456) General and administrative
Kerugian yang belum
direalisasi atas perubahan Unrealized loss on on changes
nilai wajar efek-efek - 2h, 7d (202.928) in fair value of securities
Lain-lain (12.557.271) (13.992.300) Others
Total Beban Operasional Lainnya (88.446.886) (82.100.218) Total Other Operating Expenses
LABA OPERASIONAL 73.247.881 78.215.847 OPERATING INCOME
BEBAN NON-OPERASIONAL NON-OPERATING EXPENSES
- NETO (455.062) 37 (963.653) - NET
LABA SEBELUM INCOME BEFORE
BEBAN PAJAK 72.792.819 77.252.194 TAX EXPENSE
BEBAN PAJAK (15.660.454) 38b (16.945.848) TAX EXPENSE
LABA BERSIH 57.132.365 60.306.346 NET INCOME
Akun-akun yang tidak akan Items not to be
direklasifikasi ke laba rugi reclassified to profit or loss
Pengukuran kembali atas Remeasurement of liabilities
program imbalan pasti (2.105.170) 2.001.031 for employee benefits
Pajak penghasilan terkait Income taxes related to items
akun-akun yang tidak akan not to be reclassified
direklasifikasi ke laba rugi 408.841 (376.095) to profit or loss
Revaluation surplus arising
from premises and
Surplus revaluasi aset tetap 543.712 16 9.670 equipment
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
6
Page 981
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT
KOMPREHENSIF LAIN KONSOLIDASIAN (lanjutan) OF PROFIT OR LOSS AND OTHER
Untuk Tahun yang Berakhir pada Tanggal COMPREHENSIVE INCOME (continued)
31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,
Catatan/
2025 Notes 2024*)
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL (lanjutan) FROM OPERATIONS (continued)
Akun-akun yang akan direklasifikasi Items to be reclassified
ke laba rugi to profit or loss
Selisih kurs karena penjabaran Differences arising from the
laporan keuangan dalam mata translation of foreign currency
uang asing 431.691 49.112 financial statements
Keuntungan yang belum Unrealized gain on
direalisasi atas efek-efek yang fair value through other
diklasifikasikan sebagai nilai wajar comprehensive income
melalui penghasilan komprehensif lain 4.826.637 (145.799) securities
Cadangan kerugian penurunan nilai Allowance for impairment
atas efek-efek yang diklasifikasikan losses on fair value through
sebagai nilai wajar melalui other comprehensive
penghasilan komprehensif lain 18.756 (86.410)
income securities
Beban keuangan dari kontrak Finance expense from
asuransi yang diterbitkan (361.281) 98.305 insurance contract issued
Pajak penghasilan terkait akun-akun Income taxes related to items
yang akan direklasifikasi to be reclassified
ke laba rugi (854.180) 14.658 to profit or loss
Penghasilan Komprehensif Lain Other Comprehensive Income
Tahun Berjalan - Setelah Pajak 2.909.006 1.564.472 for the year - After Tax
TOTAL PENGHASILAN TOTAL COMPREHENSIVE
KOMPREHENSIF TAHUN INCOME FOR
BERJALAN 60.041.371 61.870.818 THE YEAR
LABA TAHUN BERJALAN
YANG DAPAT DIATRIBUSIKAN INCOME FOR THE YEAR
KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 56.652.384 59.944.649 Equity holders of the parent entity
Kepentingan non-pengendali 479.981 361.697 Non-controlling interest
TOTAL 57.132.365 60.306.346 TOTAL
TOTAL PENGHASILAN TOTAL COMPREHENSIVE
KOMPREHENSIF INCOME
TAHUN BERJALAN YANG DAPAT FOR THE YEAR
DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 59.265.589 61.620.303 Equity holders of the parent entity
Kepentingan non-pengendali 775.782 250.515 Non-controlling interest
TOTAL 60.041.371 61.870.818 TOTAL
LABA TAHUN BERJALAN EARNINGS PER SHARE
PER SAHAM DASAR YANG ATTRIBUTABLE TO EQUITY
DAPAT DIATRIBUSIKAN KEPADA HOLDERS OF THE PARENT
PEMILIK ENTITAS INDUK ENTITY
(dalam Rupiah penuh) 50 (full Rupiah)
Dasar 376 398 Basic
Dilusian 376 398 Diluted
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
7
Page 982
The original consolidated financial statements included herein are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan
(kerugian)
yang belum
direalisasi
atas efek-efek
Cadangan Selisih kurs yang diukur Keuntungan
kerugian karena melalui nilai (kerugian)
penurunan nilai penjabaran wajar melalui pengukuran
atas efek-efek laporan penghasilan kembali
nilai wajar melalui keuangan komprehensif lain program Surplus
penghasilan dalam mata setelah pajak imbalan pasti - revaluasi Dampak
komprehensif lain/ Cadangan uang asing/ tangguhan/ setelah pajak Opsi saham aset tetap - transaksi Total
Allowance for keuangan Differences Unrealized tangguhan/ dan cadangan setelah pajak/ dengan ekuitas pemilik
Impairment asuransi- arising from gain (loss) on Gain (loss) on kompensasi atas Revaluation kepentingan Saldo Laba/Retained earning entitas induk/
Modal losses on setelah pajak the translation fair value remeasurement saham bonus/ surplus non-pengendali/ Total equity Kepentingan
ditempatkan dan Tambahan fair value penghasilan/ of foreign through other of Stock option and arising from Impact of Telah Belum attributable non
disetor penuh/ modal disetor/ through other Insurance finance currency comprehensive defined benefit provision for premises and transaction with ditentukan ditentukn to equity pengendali/
Catatan/ Issued and fully Additional paid comprehensive reserve-net of financial income securities plan - net Saham Treasuri/ bonus shares equipment - non-controlling penggunaannya/ penggunaanya/ holders of the Non-controlling Total ekuitas/
Notes paid capital in capital income securities deferred tax statements net of deferred tax of deferred tax Treasury stock compensation net of tax interest Appropriated Unappropriated parent entity interest Total Equity
Saldo pada tanggal Balance as of
31 Desember 2023 7.577.950 75.853.127 128.230 - (253.744) (2.221.745) (2.134.699) (3.614.321) 342.251 20.216.505 1.758.580 3.022.685 210.688.737 311.363.556 5.108.586 316.472.142 December 31, 2023
Dampak penerapan Initial implementation
awal PSAK 117 53 - - - (47.420) - - - - - - - - 149.801 102.381 284.372 386.753 of SFAS 117
Saldo setelah penerapan Balance after Initial
awal PSAK 117 7.577.950 75.853.127 128.230 (47.420) (253.744) (2.221.745) (2.134.699) (3.614.321) 342.251 20.216.505 1.758.580 3.022.685 210.838.538 311.465.937 5.392.958 316.858.895 implementation of SFAS 117
Laba tahun berjalan - - - - - - - - - - - 59.944.649 59.944.649 361.697 60.306.346 Income for the year
Penghasilan Other comprehensive
komprehensif lainnya - - (76.299) 42.370 49.112 25.685 1.628.912 - - 5.874 - - - 1.675.654 (111.182) 1.564.472 income
Total penghasilan
komprehensif untuk Total other comprehensive
tahun berjalan - - (76.299) 42.370 49.112 25.685 1.628.912 - - 5.874 - - 59.944.649 61.620.303 250.515 61.870.818 income for the year
Pembagian laba Distribution of income
- Dividen atas laba bersih - dividend on net income
tahun 2023 - - - - - - - - - - - - (35.435.851) (35.435.851) (68.294) (35.504.145) for the year 2023
- Dividen interim atas laba bersih - interim dividend on net income
tahun 2024 - - - - - - - - - - - - (20.337.632) (20.337.632) - (20.337.632) for the year 2024
Saham bonus 31f - 27.096 - - - - - 141.072 382.507 - - - - 550.675 - 550.675 Bonus shares
Opsi saham 30 - - - - - - - - 40.677 - - - - 40.677 - 40.677 Stock option
Saham Treasuri 1d - - - - - - - (875.758) - - - - (875.758) - (875.758) Treasury stock
Perubahan kepentingan
non-pengendali Change of non-controlling
pada entitas anak - - - - - - - - - - - - - - (58.514) (58.514) interest of subsidiaries
Tambahan modal disetor - - - - - - - - - - - - - - 770.000 770.000 Additional paid-in capital
Saldo pada tanggal Balance as of
31 Desember 2024*) 7.577.950 75.880.223 51.931 (5.050) (204.632) (2.196.060) (505.787) (4.349.007) 765.435 20.222.379 1.758.580 3.022.685 215.009.704 317.028.351 6.286.665 323.315.016 December 31, 2024*)
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) * After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a
secara keseluruhan. whole.
8
Page 983
The original consolidated financial statements included herein are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN (lanjutan) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (continued)
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan
(kerugian)
yang belum
direalisasi
atas efek-efek
Cadangan Selisih kurs yang diukur Keuntungan
kerugian karena melalui nilai (kerugian)
penurunan nilai penjabaran wajar melalui pengukuran
atas efek-efek laporan penghasilan kembali
nilai wajar melalui keuangan komprehensif lain program Surplus
penghasilan dalam mata setelah pajak imbalan pasti - revaluasi Dampak
komprehensif lain/ Cadangan uang asing/ tangguhan/ setelah pajak Opsi saham aset tetap - transaksi Total
Allowance for keuangan Differences Unrealized tangguhan/ dan cadangan setelah pajak/ dengan ekuitas pemilik
Impairment asuransi- arising from gain (loss) on Gain (loss) on kompensasi atas Revaluation kepentingan Saldo Laba/Retained earning entitas induk/
Modal losses on setelah pajak the translation fair value remeasurement saham bonus/ surplus non-pengendali/ Total equity Kepentingan
ditempatkan dan Tambahan fair value penghasilan/ of foreign through other of Share option and arising from Impact of Telah Belum attributable non
disetor penuh/ modal disetor/ through other Insurance finance currency comprehensive defined benefit provision for premises and transaction with ditentukan ditentukan to equity pengendali/
Catatan/ Issued and fully Additional paid comprehensive reserve-net of financial income securities plan - net Saham Treasuri/ bonus shares equipment - non-controlling penggunaannya/ penggunaannya/ holders of the Non-controlling Total ekuitas/
Notes paid capital in capital income securities deferred tax statements net of deferred tax of deferred tax Treasury stock compensation net of tax interest Appropriated Unappropriated parent entity interest Total Equity
Saldo pada tanggal Balance as of
31 Desember 2024*) 7.577.950 75.880.223 51.931 (5.050) (204.632) (2.196.060) (505.787) (4.349.007) 765.435 20.222.379 1.758.580 3.022.685 215.009.704 317.028.351 6.286.665 323.315.016 December 31, 2024*)
Laba tahun berjalan - - - - - - - - - - - - 56.652.384 56.652.384 479.981 57.132.365 Income for the year
Penghasilan Other comprehensive
komprehensif lainnya - - 9.035 (152.297) 431.691 3.485.212 (1.692.308) - - 531.872 - - - 2.613.205 295.801 2.909.006 income
Total penghasilan Total other comprehensive
komprehensif untuk income for the year
tahun berjalan - - 9.035 (152.297) 431.691 3.485.212 (1.692.308) - - 531.872 - - 56.652.384 59.265.589 775.782 60.041.371
Pembagian laba Distribution of income
- Dividen atas laba bersih - dividend on net income
tahun 2024 - - - - - - - - - - - - (31.389.140) (31.389.140) (154.871) (31.544.011) in 2024
- Dividen Interim atas laba -interim dividend on net income
bersih tahun 2025 - - - - - - - - - - - - (20.632.255) (20.632.255) - (20.632.255) in 2025
Saham bonus 31f - 65.972 - - - - - 374.110 (312.204) - - - - 127.878 - 127.878 Bonus shares
Opsi saham 30 - - - - - - - - 121.808 - - - - 121.808 - 121.808 Stock option
Saham treasuri 1d - - - - - - - (488.373) - - - - - (488.373) - (488.373) Treasury stock
Perubahan kepentingan
non-pengendali Change of non-controlling
pada entitas anak - - - - - - - - - - - - - - - interest
Saldo pada tanggal Balance as of
31 Desember 2025 7.577.950 75.946.195 60.966 (157.347) 227.059 1.289.152 (2.198.095) (4.463.270) 575.039 20.754.251 1.758.580 3.022.685 219.640.693 324.033.858 6.907.576 330.941.434 Desember 31, 2025
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) * After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a
secara keseluruhan. whole.
9
Page 984
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENT
Untuk Tahun yang Berakhir pada Tanggal OF CASH FLOWS
31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,
Catatan/
2025 Notes 2024*)
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN OPERASI OPERATING ACTIVITIES
Pendapatan yang diterima Income received
Penerimaan bunga dan investasi 188.133.607 191.363.148 Interest and investment income
Pendapatan syariah 14.733.244 13.891.084 Sharia income
Pendapatan penjualan emas 61.566.593 18.192.082 Revenue from gold sold
Pendapatan jasa asuransi 6.383.438 8.760.610 Insurance service income
Beban yang dibayar Expense paid
Beban bunga (56.224.677) (55.680.976) Interest expense
Beban syariah (1.252.495) (993.686) Sharia expense
Beban harga pokok penjualan emas (59.167.627) (17.488.885) Cost of revenue from gold sold
Beban jasa asuransi (6.322.597) (5.547.858) Insurance service expenses
Penerimaan kembali aset yang Recovery of
telah dihapusbukukan 20.952.308 25.363.951 written-off assets
Pendapatan operasional lainnya 32.563.546 27.775.215 Other operating income
Beban operasional lainnya (80.928.270) (85.574.645) Other operating expenses
Beban lain-lain (555.267) (1.108.735) Other expense
Pembayaran atas pajak penghasilan Payment of corporate
badan (10.543.662) (13.742.335) income tax
Arus kas sebelum perubahan Cash flows before changes in
dalam aset dan liabilitas operasi 109.338.141 105.208.970 operating assets and liabilities
Perubahan dalam aset Changes in operating assets
dan liabilitas operasi: and liabilities:
(Kenaikan) penurunan (Increase) decrease in
aset operasi: in operating assets:
Penempatan pada Placement with Bank
Bank Indonesia dan Indonesia and Other
Lembaga Keuangan Lain (544.175) 1.273.810 Financial Institutions
Efek-efek yang diukur pada Securities measured at fair
nilai wajar melalui value through
laba rugi (1.594.522) (976.011) profit or loss
Wesel ekspor dan Export bills and
tagihan lainnya (7.595.261) 13.473.275 other receivables
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 16.821.238 16.749.541 agreement to resell
Kredit yang diberikan (203.205.917) (127.686.861) Loans
Pinjaman syariah (10.658.658) (4.133.183) Sharia loans
Piutang pembiayaan 2.027.451 1.479.857 Finance receivables
Aset lain-lain (1.213.587) 1.562.240 Other assets
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
10
Page 985
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN (lanjutan) CONSOLIDATED STATEMENT
Untuk Tahun yang Berakhir pada Tanggal OF CASH FLOWS (continued)
31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,
Catatan/
2025 Notes 2024*)
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN OPERASI OPERATING ACTIVITIES
(lanjutan) (continued)
Kenaikan (penurunan) Increase (decrease) in
liabilitas operasi: operating liabilities:
Liabilitas segera 2.997.084 6.169.854 Liabilities due immediately
Simpanan: Deposits:
Giro 73.649.330 28.429.968 Demand deposits
Tabungan 43.158.915 16.481.397 Saving deposits
Deposito berjangka (15.414.510) (37.790.022) Time deposits
Simpanan dari bank lain dan Deposits from other banks and
lembaga keuangan lain 2.921.954 2.721.163 other financial institutions
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 2.889.032 5.964.259 agreement to repurchase
Liabilitas lain-lain 1.040.508 (4.645.149) Others liabilities
Kas neto yang diperoleh dari Net cash provided by
kegiatan operasi 14.617.023 24.283.108 operating activities
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN INVESTASI INVESTING ACTIVITIES
Proceeds from sales of premises
Hasil penjualan aset tetap 100.205 129.827 and equipment
Penerimaan dividen 166.422 15 137.035 Dividend income
Penjualan penyertaan saham - (4.912) Sale of investment in shares
Acquisition of premises and
Perolehan aset tetap (6.344.276) (10.334.588) equipments
(Kenaikan) penurunan efek-efek yang (Increase) decrease in securities
diklasifikasikan sebagai nilai wajar measured at fair value
melalui penghasilan komprehensif through other comprehensive
lain dan biaya perolehan income and amortized
diamortisasi (40.012.932) 9.884.449 cost
Kas neto yang digunakan untuk Net cash used in
kegiatan investasi (46.090.581) (188.189) investing activities
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN PENDANAAN FINANCING ACTIVITIES
Penerimaan pinjaman yang diterima 37.570.676 51 42.489.276 Proceeds from fund borrowing
Pembayaran pinjaman yang diterima (36.492.679) 51 (13.300.712) Payments of fund borrowing
Saham yang dibeli kembali (488.373) (875.758) Treasury stock
Pembagian laba untuk dividen (51.881.643) (48.102.283) Distribution of income for dividend
Penerimaan dari surat berharga Proceeds from marketable
yang diterbitkan 28.395.963 24,51 10.905.923 securities issued
Pembayaran atas surat berharga Payments of matured marketable
yang jatuh tempo (19.724.136) 24,51 (28.578.477) securities issued
Kas neto yang digunakan untuk Net cash used in financing
kegiatan pendanaan (42.620.192) (37.462.031) activities
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
11
Page 986
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN (lanjutan) CONSOLIDATED STATEMENT
Untuk Tahun yang Berakhir pada Tanggal OF CASH FLOWS (continued)
31 Desember 2025 For the Year Ended December 31, 2025
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Tahun yang Berakhir pada Tanggal 31 Desember/
Year Ended December 31,
Catatan/
2025 Notes 2024*)
PENURUNAN NETO DECREASE IN CASH
KAS DAN SETARA KAS (74.093.750) (13.367.112) AND CASH EQUIVALENTS
EFFECT OF EXCHANGE RATE
PENGARUH PERUBAHAN CHANGES ON FOREIGN
KURS MATA UANG ASING 1.085 17.758 CURRENCIES
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AWAL TAHUN 205.328.380 218.677.734 AT BEGINNING OF THE YEAR
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AKHIR TAHUN 131.235.715 205.328.380 AT END OF THE YEAR
Kas dan setara kas akhir tahun Cash and cash equivalents at
terdiri dari: the end of the year consist of:
Kas 32.044.482 3 29.783.642 Cash
Current accounts with Bank
Giro pada Bank Indonesia 31.929.608 4 88.878.969 Indonesia
Current accounts with
Giro pada bank lain 42.444.581 5 25.582.825 other banks
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan lembaga keuangan lain and other financial institutions -
- jangka waktu jatuh tempo maturing within three
tiga bulan atau kurang months or less since the
sejak tanggal perolehan 19.240.525 6 56.601.825 acquisition date
Sertifikat Bank Indonesia Bank Indonesia Certificates -
- jangka waktu jatuh tempo maturing within three
tiga bulan atau kurang months or less since
sejak tanggal perolehan 5.576.519 4.481.119 the acquisition date
Total Kas dan Setara Kas 131.235.715 205.328.380 Total Cash and Cash Equivalent
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan keuangan statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
12
Page 987
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM 1. GENERAL
a. Pendirian a. Establishment
PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk
(selanjutnya disebut “BRI” atau “Bank”) (hereinafter referred to as “BRI” or “Bank”) was
didirikan dan mulai beroperasi secara komersial established and started its commercial
pada tanggal 18 Desember 1968 berdasarkan operations on December 18, 1968 based on Law
Undang-Undang No. 21 Tahun 1968. Pada No. 21 Year 1968. On April 29, 1992, based on
tanggal 29 April 1992, berdasarkan Peraturan Government of the Republic of Indonesia (the
Pemerintah Republik Indonesia (“Pemerintah”) “Government”) Regulation No. 21 Year 1992, the
No. 21 Tahun 1992, bentuk badan hukum BRI legal status of BRI was changed to a limited
diubah menjadi Perusahaan Perseroan liability company (Persero). The change into a
(Persero). Pengalihan BRI menjadi Persero limited liability corporation was documented by
didokumentasikan dengan Akta No. 133 Notarial Deed No. 133 dated July 31, 1992 of
tanggal 31 Juli 1992 Notaris Muhani Salim, S.H. Notary Muhani Salim, S.H., approved by the
dan telah disahkan oleh Menteri Kehakiman Minister of Justice of the Republic of
Republik Indonesia dengan Surat Keputusan Indonesia in its Decision Letter
No. C2-6584.HT.01.01.TH.92 tanggal No. C2-6584.HT.01.01.TH.92 dated August 12,
12 Agustus 1992, serta diumumkan dalam 1992 and published in Supplement No. 3A of the
Berita Negara Republik Indonesia No. 73, Republic of Indonesia State Gazette No. 73
Tambahan No. 3A tanggal 11 September 1992. dated September 11, 1992. BRI’s Articles of
Anggaran Dasar BRI kemudian diubah dengan Association was then amended by Notarial Deed
Akta No. 7 tanggal 4 September 1998 Notaris No. 7 dated September 4, 1998 of Notary Imas
Imas Fatimah, S.H., pasal 2 tentang “Jangka Fatimah, S.H., pertaining to Article 2 on “Term of
Waktu Berdirinya Perseroan” dan pasal 3 Corporate Establishment” and Article 3 on
tentang “Maksud dan Tujuan serta Kegiatan “Purpose, Objectives and Business Activities” to
Usaha” untuk menyesuaikan dengan ketentuan comply with the provisions of Law No. 1 Year
Undang-Undang Republik Indonesia No. 1 1995 on “Limited Liability Company”, approved
Tahun 1995 tentang “Perseroan Terbatas” dan by the Minister of Justice of the Republic of
telah disahkan oleh Menteri Kehakiman Indonesia in its Decision Letter
Republik Indonesia dengan Surat Keputusan No. C2-24930.HT.01.04.TH.98 dated
No. C2-24930.HT.01.04.TH.98 tanggal November 13, 1998 and published in
13 November 1998 dan telah diumumkan Supplement No. 7216 of the Republic of
dalam Berita Negara Republik Indonesia Indonesia State Gazette No. 86 dated
No. 86, Tambahan No. 7216 tanggal October 26, 1999 and notarial deed No. 7 dated
26 Oktober 1999 dan Akta No. 7 tanggal October 3, 2003 of Notary Imas Fatimah, S.H.,
3 Oktober 2003 Notaris Imas Fatimah, S.H., among others, regarding BRI’s status and
antara lain tentang status perusahaan dan compliance with the Capital Market Laws
penyesuaian dengan Undang-Undang Pasar approved by the Minister of Justice and Human
Modal dan telah disahkan oleh Menteri Rights of the Republic of Indonesia in its
Kehakiman dan Hak Asasi Manusia Republik Decision Letter No. C-23726 HT.01.04.TH.2003
Indonesia dengan Surat Keputusan dated October 6, 2003 and published in
No. C-23726 HT.01.04.TH.2003 tanggal Supplement No. 11053 of the Republic of
6 Oktober 2003 dan telah diumumkan dalam Indonesia State Gazette No. 88 dated
Berita Negara Republik Indonesia No. 88, November 4, 2003.
Tambahan No. 11053 tanggal 4 November
2003.
Berdasarkan Surat Keputusan Bank Indonesia Based on Bank Indonesia’s Decision Letter
No. 5/117/DPwB2/PWPwB24 tanggal No. 5/117/DPwB2/PWPwB24 dated October 15,
15 Oktober 2003, tentang “SK Penunjukan BRI 2003, regarding "SK Appointment of BRI as a
sebagai Bank Umum Devisa”, BRI telah Foreign Exchange Commercial Bank", BRI has
ditetapkan sebagai bank devisa melalui Surat been designated as a foreign exchange
Dewan Moneter No. SEKR/BRI/328 tanggal bank through Letter of Monetary Board
25 September 1956. No. SEKR/BRI/328 dated September 25, 1956.
13
Page 988
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Berdasarkan Akta No. 51 tanggal 26 Mei 2008 Based on Notarial Deed No. 51 dated May 26,
Notaris Fathiah Helmi, S.H., telah dilakukan 2008 of Notary Fathiah Helmi, S.H., BRI
perubahan terhadap Anggaran Dasar BRI, amended its Articles of Association, among
antara lain untuk penyesuaian dengan others, to comply with the provisions of Law
ketentuan Undang-Undang Republik Indonesia No. 40 Year 2007 on “Limited Liability Company”
No. 40 Tahun 2007 tentang “Perseroan and Capital Market and Financial Institution
Terbatas” dan Peraturan Badan Pengawas Supervisory Agency’s (“Bapepam-LK”)
Pasar Modal dan Lembaga Keuangan Regulation, (whose function has been
(“Bapepam-LK”) (fungsinya sejak 1 Januari transferred to the Financial Services Authority
2013 dialihkan kepada Otoritas Jasa Keuangan (“OJK”) since January 1, 2013), No. IX.J.I on
(“OJK”)), No. IX.J.I tentang “Pokok-pokok “The Main Principles of the Articles of
Anggaran Dasar Perseroan yang Melakukan Association of a Company that Conduct Public
Penawaran Umum Efek Bersifat Ekuitas dan Offering of Shares and Public Company”, which
Perusahaan Publik”, yang telah mendapatkan was approved by the Minister of Law and Human
persetujuan dari Menteri Hukum dan Hak Asasi Rights of the Republic of Indonesia in its
Manusia Republik Indonesia dengan Surat Decision Letter No. AHU-48353.AH.01.02 Year
Keputusan No. AHU-48353.AH.01.02.Tahun 2008, dated August 6, 2008 and was published
2008 tanggal 6 Agustus 2008 dan telah in Supplement No. 23079 of the Republic of
diumumkan dalam Berita Negara Republik Indonesia State Gazette No. 68 dated August 25,
Indonesia No. 68, Tambahan No. 23079 2009.
tanggal 25 Agustus 2009.
Berdasarkan Akta No. 32 tanggal 22 April 2024 Based on Notarial Deed No. 32 dated April 22,
yang dibuat di hadapan Notaris Fathiah Helmi, 2024, of Notary Fathiah Helmi, S.H., in Jakarta
S.H., di Jakarta yang telah mendapat regarding amendments to the Articles of
Penerimaan Perubahan Anggaran Dasar dari Association from the Minister of Law and Human
Menteri Hukum dan Hak Asasi Manusia Rights of the Republic of Indonesia
Republik Indonesia No. AHU-AH.01.03- No. AHU-AH.01.03-0092097 dated April 23,
0092097 tanggal 23 April 2024. Perubahan 2024. The changes were made in the context of
dilakukan dalam rangka penyesuaian dengan compliance to the OJK Regulation ("POJK")
Peraturan OJK (“POJK”) No. 15/POJK.04/2020 No. 15/POJK.04/2020 regarding the Plan and
tentang Rencana dan Penyelenggaraan Rapat Organizing of Public Companies' General
Umum Pemegang Saham (“RUPS”) Meeting of Shareholders ("GMS") and POJK
Perusahaan Terbuka dan POJK No. No. 16/POJK.04/2020 regarding the Electronic
16/POJK.04/2020 tentang Pelaksanaan RUPS Holding of Public Company GMS, as well as
Perusahaan Terbuka Secara Elektronik, serta paid-in capital.
modal disetor.
Selanjutnya, Anggaran Dasar BRI dimuat Furthermore, BRI's Articles of Association are
dalam Akta No. 15 tanggal 22 April 2025 yang documented in Notarial Deed No. 15 dated April
dibuat di hadapan Notaris Fathiah Helmi, S.H., 22, 2025, of Notary Fathiah Helmi, S.H., in
di Jakarta yang telah mendapat Penerimaan Jakarta regarding amendments to the Articles of
Perubahan Anggaran Dasar dari Menteri Association from the Minister of Law and Human
Hukum dan Hak Asasi Manusia Republik Rights of the Republic of Indonesia
Indonesia No. AHU-AH.01.03-0126510 tanggal No. AHU-AH.01.03-0126510 dated May 8, 2025.
8 Mei 2025. Perubahan dilakukan dalam rangka The changes were made in the context of
penyesuaian dengan Peraturan OJK (“POJK”) compliance to the OJK Regulation ("POJK")
No. 15/POJK.04/2020 tentang Rencana dan No. 15/POJK.04/2020 regarding the Plan and
Penyelenggaraan Rapat Umum Pemegang Organizing of Public Companies' General
Saham (“RUPS”) Perusahaan Terbuka. Meeting of Shareholders ("GMS").
14
Page 989
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian (lanjutan) a. Establishment (continued)
Berdasarkan pasal 3 Anggaran Dasar BRI, According to Article 3 of the BRI’s Articles of
ruang lingkup kegiatan BRI adalah melakukan Association, BRI's scope of business is to
usaha di bidang perbankan serta optimalisasi conduct business in the banking sector and
pemanfaatan sumber daya yang dimiliki BRI optimize the utilization of BRI’s resources to
untuk menghasilkan jasa yang bermutu tinggi produce high quality and highly competitive
dan berdaya saing kuat untuk mendapat services to gain benefits in order to increase
keuntungan guna meningkatkan nilai company value by implementing the principles of
perusahaan dengan menerapkan prinsip- limited liability company.
prinsip Perseroan Terbatas.
Pemerintah Republik Indonesia merupakan Government of the Republic of Indonesia is the
entitas induk terakhir BRI. ultimate parent entity of BRI.
b. Program Rekapitalisasi b. Recapitalization Program
Sebagai realisasi dari Program Rekapitalisasi As a realization of the Recapitalization Program
Bank Umum sesuai Peraturan Pemerintah for Commercial Banks, set forth in Government
No. 52 Tahun 1999 tentang Penambahan Regulation No. 52 Year 1999, regarding the
Penyertaan Modal Negara Republik Indonesia Addition of Capital Investment by the Republic of
ke dalam Modal Bank Pemerintah, BRI telah Indonesia in State-Owned Banks, BRI has
menerima seluruh jumlah rekapitalisasi sebesar received in full the recapitalization with
nominal Rp29.149.000 dalam bentuk Obligasi a nominal amount of Rp29,149,000 in the form
Rekapitalisasi Pemerintah yang diterbitkan of Government Recapitalization Bonds issued in
dalam 2 (dua) tahap yaitu sebesar nominal 2 (two) phases, that is at the nominal amounts of
Rp20.404.300 pada tanggal 25 Juli 2000 dan Rp20,404,300 on July 25, 2000 and
Rp8.744.700 pada tanggal 31 Oktober 2000. Rp8,744,700 on October 31, 2000.
Lebih lanjut, seperti yang disebutkan dalam Furthermore, as stated in the Management
Kontrak Manajemen tanggal 28 Februari 2001 Contract dated February 28, 2001 between the
antara Negara Republik Indonesia c.q. Republic of Indonesia represented by the
Pemerintah melalui Menteri Keuangan dan BRI, Government through the Minister of Finance and
Pemerintah telah menetapkan bahwa total BRI, the Government determined that in order to
kebutuhan rekapitalisasi BRI untuk mencapai achieve a Minimum Capital Adequacy Liability of
Liabilitas Penyediaan Modal Minimum 4% 4%, BRI’s recapitalization requirement is
adalah sebesar Rp29.063.531. Oleh karena itu, Rp29,063,531. Therefore, BRI has returned the
BRI telah mengembalikan kelebihan total excess recapitalization of Rp85,469 in the form
rekapitalisasi sebesar Rp85.469 dalam bentuk of Government Recapitalization Bonds to the
Obligasi Rekapitalisasi Pemerintah kepada Republic of Indonesia on November 5, 2001.
Negara Republik Indonesia pada tanggal
5 November 2001.
Pada tanggal 30 September 2003, Menteri On September 30, 2003, the Minister of Finance
Keuangan mengeluarkan Surat Keputusan issued Decision Letter No. 427/KMK.02/2003
No. 427/KMK.02/2003 tanggal 30 September dated September 30, 2003 regarding the final
2003 tentang besarnya nilai akhir dan amount and implementation of Government’s
pelaksanaan hak-hak Pemerintah yang timbul rights, which arose as a result of the addition in
sebagai akibat penambahan penyertaan modal capital investment by Republic of Indonesia
Negara Republik Indonesia ke dalam modal during the Recapitalization Program for
BRI dalam rangka program rekapitalisasi bank Commercial Banks. Based on the Decision
umum. Berdasarkan Surat Keputusan tersebut, Letter, the Minister of Finance determined that
Menteri Keuangan menetapkan bahwa nilai the final amount of BRI’s recapitalization
akhir kebutuhan rekapitalisasi BRI adalah requirement is Rp29,063,531.
sebesar Rp29.063.531.
15
Page 990
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran Umum Saham Perdana, c. Initial Public Offering of Shares, Stock Split
Pemecahan Saham dan Penawaran Umum and Limited Public Offering
Terbatas Saham
Dalam rangka penawaran umum saham In relation to BRI’s Initial Public Offering (IPO),
perdana BRI, berdasarkan pernyataan based on the registration statement dated
pendaftaran tanggal 31 Oktober 2003, October 31, 2003, the Government, through the
Pemerintah, melalui Menteri Badan Usaha Milik Minister of State-Owned Enterprises agreed to
Negara (BUMN), menyetujui untuk melakukan conduct an IPO of 3,811,765,000 Series B
penawaran umum saham perdana (Initial Public common shares of BRI, consisting of
Offering (IPO)) sebesar 3.811.765.000 lembar 2,047,060,000 Series B common shares owned
saham biasa BRI atas nama seri B, yang terdiri by the Republic of Indonesia (divestment) and
dari 2.047.060.000 lembar milik Negara 1,764,705,000 new Series B common shares,
Republik Indonesia (divestasi) dan alongside over-subscription option and
1.764.705.000 lembar atas nama Seri B baru, over-allotment option.
serta bersamaan dengan opsi pemesanan lebih
dan opsi penjatahan lebih.
Penawaran umum saham perdana meliputi The IPO consists of the international public
penawaran kepada masyarakat internasional offering (under Rule 144A of the Securities Act
(Peraturan 144A dari Perundang-undangan and “S” Regulation) and the Indonesian public
Sekuritas dan peraturan “S”) dan penawaran offering. BRI submitted its registration to
kepada masyarakat Indonesia. BRI Bapepam-LK and the registration statement
menyerahkan pendaftarannya kepada became effective based on the Chairman of
Bapepam-LK dan pernyataan pendaftaran Bapepam-LK Letter No. S-2646/PM/2003 dated
tersebut telah menjadi efektif berdasarkan October 31, 2003.
Surat Ketua Bapepam-LK No. S-2646/PM/2003
tanggal 31 Oktober 2003.
Penawaran umum saham perdana BRI meliputi BRI’s IPO consists of 3,811,765,000 shares with
3.811.765.000 lembar saham dengan nilai a nominal value of Rp500 (full amount) per share
nominal Rp500 (nilai penuh) per lembar saham and a sale price of Rp875 (full amount)
dengan harga jual Rp875 (nilai penuh) per per share. Subsequently, over-subscription
lembar saham. Selanjutnya, opsi pemesanan option of 381,176,000 shares and over-allotment
lebih sejumlah 381.176.000 lembar saham dan option of 571,764,000 shares were exercised at
opsi penjatahan lebih sejumlah 571.764.000 Rp875 (full amount) per share on November 10,
lembar saham masing-masing dengan harga 2003 and December 3, 2003, respectively. After
Rp875 (nilai penuh) setiap lembar saham telah BRI’s IPO and the underwriters’ exercise of the
dilaksanakan masing-masing pada tanggal over-subscription option and the over-allotment
10 November 2003 dan 3 Desember 2003. option, the Republic of Indonesia owns 59.50%
Setelah IPO BRI dan opsi pemesanan lebih dan of BRI shares. On November 10, 2003, the
opsi penjatahan lebih dilaksanakan oleh offered shares started to be traded on Jakarta
Penjamin Pelaksana Emisi, Negara Republik and Surabaya Stock Exchanges (currently the
Indonesia memiliki 59,50% saham di BRI. Indonesia Stock Exchange). At the same time, all
Saham yang ditawarkan tersebut mulai BRI shares were also listed (Note 31b).
diperdagangkan di Bursa Efek Jakarta dan
Bursa Efek Surabaya (sekarang Bursa Efek
Indonesia) pada tanggal 10 November 2003
dan pada saat yang bersamaan seluruh saham
BRI juga telah dicatatkan (Catatan 31b).
16
Page 991
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran Umum Saham Perdana, c. Initial Public Offering of Shares, Stock Split
Pemecahan Saham dan Penawaran Umum and Limited Public Offering (continued)
Terbatas Saham (lanjutan)
Berdasarkan Akta No. 38 tanggal Based on Notarial Deed No. 38 dated November
24 November 2010, Notaris Fathiah Helmi, S.H. 24, 2010 of Notary Fathiah Helmi, S.H., stock
dilakukan pemecahan nilai nominal saham dari split was performed from a nominal value of
Rp500 (nilai penuh) per lembar saham menjadi Rp500 (full amount) per share to Rp250 (full
Rp250 (nilai penuh) per saham. Akta tersebut amount) per share. The deed had been received
telah diterima dan dicatat dalam database and recorded in the Legal Entity Administration
Sistem Administrasi Badan Hukum System database in accordance with the Ministry
Kementerian Hukum dan Hak Asasi Manusia of Law and Human Rights of the Republic of
Republik Indonesia dalam suratnya Indonesia Letter No. AHU.AH.01.10-33481
No. AHU.AH.01.10-33481 tanggal dated December 29, 2010. The stock split was
29 Desember 2010. Pemecahan saham performed in 2011 and BRI scheduled the last
dilakukan pada tahun 2011 dan BRI day on which shares with a nominal value of
menjadwalkan bahwa akhir perdagangan Rp500 (full amount) would be traded in Regular
saham dengan nilai nominal lama atau Rp500 Market and Negotiated Market was January 10,
(nilai penuh) per lembar saham di Pasar 2011 and the date of commencement of
Reguler dan Pasar Negosiasi adalah tanggal legitimate trade for shares with new nominal
10 Januari 2011 dan tanggal dimulainya value of Rp250 (full amount) was January 11,
perdagangan sah dengan nilai nominal baru 2011.
atau Rp250 (nilai penuh) per lembar saham
adalah tanggal 11 Januari 2011.
Berdasarkan Akta No. 54 tanggal 27 Oktober Based on Notarial Deed No. 54 dated October
2017, Notaris Fathiah Helmi, S.H. dilakukan 27, 2017 of Notary Fathiah Helmi, S.H., stock
pemecahan nilai nominal saham dari Rp250 split was performed from a nominal value of
(nilai penuh) per saham menjadi Rp50 Rp250 (full amount) per share to Rp50
(nilai penuh) per saham. Akta tersebut telah (full amount) per share. The deed had been
diterima dan dicatat dalam database Sistem received and recorded in the Legal Entity
Administrasi Badan Hukum Kementerian Administration System database in accordance
Hukum dan Hak Asasi Manusia Republik with the Ministry of Law and Human Rights of the
Indonesia dalam suratnya No. AHU.AH.01.03- Republic of Indonesia Letter No. AHU.AH.01.03-
0187521 tanggal 3 November 2017. 0187521 dated November 3, 2017. The stock
Pemecahan saham dilakukan pada tahun 2017 split was performed in 2017 and BRI scheduled
dan BRI menjadwalkan bahwa akhir the last day on which shares with a nominal
perdagangan saham dengan nilai nominal lama value of Rp250 (full amount) would be
atau Rp250 (nilai penuh) per lembar saham di traded in Regular Market and Negotiated
Pasar Reguler dan Pasar Negosiasi adalah Market was November 9, 2017 and the date of
tanggal 9 November 2017 dan tanggal commencement of legitimate trade for shares
dimulainya perdagangan sah dengan nilai with new nominal value of Rp50 (full amount)
nominal baru atau Rp50 (nilai penuh) per was November 10, 2017.
lembar saham adalah tanggal 10 November
2017.
Dalam rangka pembentukan Holding Ultra Due to the establishment of Ultra Micro Holding,
Mikro, BRI meningkatkan modal ditempatkan BRI increased additional paid-in capital through
dan disetor melalui Penambahan Modal dengan Right Issue with Pre-Emptive Rights
Hak Memesan Efek Terlebih Dahulu I (”PMHMETD”) I, in accordance with the results
(PMHMETD I), sesuai hasil keputusan RUPSLB of the Extraordinary General Meeting of
tanggal 22 Juli 2021 sebagaimana tercantum Shareholder dated July 22, 2021 was
dalam Akta No. 61 tanggal 22 Juli 2021, Notaris documented in Notarial Deed No. 61 dated July
Fathiah Helmi S.H., serta telah mendapat 22, 2021 of Notary Fathiah Helmi, S.H. in Jakarta
pernyataan efektif dari Otoritas Jasa Keuangan and had received an effective statement from the
(OJK) pada tanggal 30 Agustus 2021 sesuai Financial Services Authority (OJK) on August 30,
dengan Surat OJK No. S-152/D.04/2021 2021 through its letter No. S-152/D.04/2021
tanggal 30 Agustus 2021. dated August 30, 2021.
17
Page 992
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Penawaran Umum Saham Perdana, c. Initial Public Offering of Shares, Stock Split
Pemecahan Saham dan Penawaran Umum and Limited Public Offering (continued)
Terbatas Saham (lanjutan)
Dalam PMHMETD I tersebut, BRI menawarkan In PMHMETD I, BRI offered for as many as
sebanyak-banyaknya 28.213.191.604 saham 28,213,191,604 new Series B shares with
baru Seri B dengan nilai nominal per lembar a nominal value of Rp50 (full amount) per share
saham Rp50 (nilai penuh) dalam bentuk Hak in the form of Pre-Emptive Rights (”HMETD”)
Memesan Efek Terlebih Dahulu (HMETD) with exercised price of Rp3,400 (full amount).
dengan harga pelaksanaan per lembar saham HMETD would be traded and exercised from
Rp3.400 (nilai penuh). Tanggal perdagangan September 13 to September 22, 2021.
dan eksekusi HMETD tersebut mulai dari
13 September 2021 sampai dengan
22 September 2021.
Dari penawaran umum terbatas ini, BRI telah From this limited public offering, BRI has
meningkatkan jumlah modal sahamnya increased its share capital by 28,213,191,604
sebanyak 28.213.191.604 lembar saham shares, resulting the composition of BRI's share
sehingga mengakibatkan komposisi ownership become 56.82% owned by the
kepemilikan saham BRI adalah 56,82% dimiliki Government of the Republic of Indonesia and
oleh Pemerintah Republik Indonesia dan 43.18% owned by the public.
43,18% dimiliki oleh publik.
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock
Treasuri)
Pada tanggal 5 Februari 2021, terdapat On February 5, 2021, there was implementation
implementasi program kepemilikan saham of a bonus share program for BRI employees
kepada pekerja BRI (Catatan 31f) yang (note 31f) sourced from treasury stock. This
bersumber dari saham treasuri. Hal ini resulted to a reduction in treasury stocks of
mengakibatkan pengurangan saham treasuri 84,600 shares with an acquisition price per share
sebanyak 84.600 lembar saham dengan harga of Rp2,182 (full amount) or equivalent to a total
perolehan per lembar saham Rp2.182 (nilai of Rp184,597,481 (full amount), bonus share
penuh) atau setara total Rp184.597.481 (nilai discretion program fair price of Rp3,240 (full
penuh), harga wajar program diskresi saham amount) or equivalent to Rp274,104,000 (full
bonus sebesar Rp3.240 (nilai penuh) atau amount), the difference between the
setara Rp274.104.000 (nilai penuh), selisih value of treasury stocks and the total of
antara nilai saham treasuri dan total biaya implementation cost based on the fair price is
implementasi berdasarkan harga wajar dicatat recorded in additional paid-in capital amounting
dalam agio sebesar Rp89.506.518 (nilai penuh) to Rp89,506,518 (full amount).
Pada tanggal 31 Maret 2021, terdapat On March 31, 2021, there was implementation of
implementasi program kepemilikan saham a bonus share program for BRI employees (Note
kepada pekerja BRI (Catatan 31f) yang 31f) sourced from treasury stock. This resulted to
bersumber dari saham treasuri. Hal ini a reduction in treasury stock of 2,096,400 shares
mengakibatkan pengurangan saham treasuri at an acquisition price of Rp2,182 (full amount)
sebesar 2.096.400 lembar saham dengan per share or equivalent to a total of
harga perolehan Rp2.182 (nilai penuh) per Rp4,574,351,773 (full amount), where this
lembar saham atau setara total implementation consisted of ESA 1 of 831,000
Rp4.574.351.773 (nilai penuh), dimana shares with fair price of Rp3,630
implementasi ini terdiri dari ESA 1 sebanyak (full amount) per share or equivalent to
831.000 lembar saham dengan harga wajar Rp3,016,530,000 (full amount) and ESA 2 of
Rp3.630 (nilai penuh) per lembar saham atau 1,265,400 shares with a fair price of Rp4,410 (full
setara Rp3.016.530.000 (nilai penuh) dan ESA amount) per share or equivalent to
2 sebanyak 1.265.400 lembar saham dengan Rp5,580,414,000 (full amount).
harga wajar Rp4.410 (nilai penuh) per lembar
saham atau setara Rp5.580.414.000 (nilai
penuh).
18
Page 993
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Selisih antara nilai saham treasuri dan total The difference between the value of the treasury
biaya implementasi berdasarkan harga wajar stock and the total of implementation costs
dicatat dalam agio sebesar Rp4.022.592.226 based on the fair price is recorded in additional
(nilai penuh). paid-in capital amounting to Rp4,022,592,226
(full amount).
Pada tanggal 7 Oktober 2021 sampai dengan On October 7, 2021 up to December 17, 2021,
17 Desember 2021, terdapat implementasi there was implementation of the stock option
program kepemilikan saham kepada pekerja program for BRI employees (Note 30) sourced
BRI (Catatan 30) yang bersumber dari saham from treasury stock. This has resulted in a
treasuri. Hal ini mengakibatkan pengurangan reduction in treasury stock of 11,613,900 shares
saham treasuri sebanyak 11.613.900 lembar with an acquisition price of Rp2,182
saham dengan harga perolehan per lembar (full amount) per share or equivalent to
saham Rp2.182 (nilai penuh) atau setara Rp25,341,568,431 (full amount), the ESOP 1
Rp25.341.568.431 (nilai penuh), harga and 2 programs grant price of Rp2,240
pelaksanaan program ESOP 1 dan 2 sebesar (full amount) or equivalent to Rp26,015,136,000
Rp2.240 (nilai penuh) atau setara (full amount). The difference between the value
Rp26.015.136.000 (nilai penuh). Selisih antara of treasury stock and the total implementation
nilai saham treasuri dan total biaya costs based on the fair price was recorded in
implementasi berdasarkan harga wajar dicatat additional paid-in capital amounting to
dalam agio sebesar Rp4.680.363.069 (nilai Rp4,680,363,069 (full amount).
penuh).
Pada tanggal 25 Oktober 2021, terdapat On October 25, 2021, there was the
implementasi program kepemilikan saham implementation of a bonus share program for
kepada pekerja BRI (Catatan 31f) yang BRI employees (Note 31f) sourced from treasury
bersumber dari saham treasuri. Hal ini stock. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 590,000 shares at an acquisition price of
sebanyak 590.000 lembar saham dengan harga Rp2,182 (full amount) per share or equivalent to
perolehan Rp2.182 (nilai penuh) per lembar Rp1,287,381,963 (full amount), the fair price of
saham atau setara total Rp1.287.381.963 (nilai the Discretionary Pool of Rp3,750 (full amount)
penuh), harga wajar Discretionary Pool sebesar per share or equivalent to Rp2,212,500,000 (full
Rp3.750 (nilai penuh) per lembar saham atau amount). The difference between the value of
setara Rp2.212.500.000 (nilai penuh). Selisih treasury stock and the total of implementation
antara nilai saham treasuri dan total biaya cost based on the fair price was recorded in
implementasi berdasarkan harga wajar dicatat additional paid-in capital amounting to
dalam agio sebesar Rp925.118.037 (nilai Rp925,118,037 (full amount).
penuh).
Pada tanggal 27 Oktober 2021, terdapat On October 27, 2021, there was implementation
implementasi program kepemilikan saham of a bonus share program for BRI employees
kepada pekerja BRI (Catatan 30) yang (Note 30) sourced from treasury stock. This has
bersumber dari saham treasuri. Hal ini resulted in a reduction in treasury stock of
mengakibatkan pengurangan saham treasuri 263,904,800 shares at an acquisition price of
sebanyak 263.904.800 lembar saham dengan Rp2,182 (full amount) per share or equivalent to
harga perolehan per lembar saham Rp2.182 Rp575,841,151,426 (full amount), the grant price
(nilai penuh) atau setara total of ESA 3 of Rp4,020 (full amount) or equivalent
Rp575.841.151.426 (nilai penuh), harga wajar to Rp1,060,897,296,000 (full amount), the
ESA 3 sebesar Rp4.020 (nilai penuh) atau difference between the value of treasury stock
setara Rp1.060.897.296.000 (nilai penuh), and the total of implementation cost based on the
selisih antara nilai saham treasuri dan total fair price was recorded in additional paid-in
biaya implementasi berdasarkan harga wajar capital amounting to Rp485,056,144,574 (full
dicatat dalam agio sebesar Rp485.056.144.574 amount).
(nilai penuh).
19
Page 994
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Pada tanggal 5 November 2021 sampai dengan On November 5, 2021 up to December 6, 2021,
6 Desember 2021, terdapat implementasi the stock option program was implemented on
program kepemilikan saham kepada pekerja BRI employees (Note 30) sourced from treasury
BRI (Catatan 30) yang bersumber dari saham stock. This resulted in a reduction in treasury
treasuri. Hal ini mengakibatkan pengurangan stock of 124,565,200 shares at an acquisition
saham treasuri sebanyak 124.565.200 lembar price of Rp2,182 (full amount) per share or
saham dengan harga perolehan per lembar equivalent to Rp271,801,680,741 (full amount),
saham Rp2.182 (nilai penuh) atau setara the ESOP 1 and 2 programs grant price of
Rp271.801.680.741 (nilai penuh), harga Rp2,240 (full amount) or equivalent to
pelaksanaan program ESOP 1 dan 2 sebesar Rp279,026,048,000 (full amount). The difference
Rp2.240 (nilai penuh) atau setara between the value of treasury stock and the total
Rp279.026.048.000 (nilai penuh). Selisih of implementation cost based on the fair price
antara nilai saham treasuri dan total biaya was recorded in additional paid-in capital
implementasi berdasarkan harga wajar dicatat amounting to Rp7,224,367,259 (full amount).
dalam agio sebesar Rp7.224.367.259 (nilai
penuh).
Pada tanggal 17 Desember 2021, terdapat On December 17, 2021, there was
implementasi program kepemilikan saham implementation of a bonus share program for
kepada pekerja BRI (Catatan 31f) yang BRI employees (Note 31f) sourced from treasury
bersumber dari saham treasuri. Hal ini stock. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 282,159,300 shares at an acquisition
sebanyak 282.159.300 lembar saham dengan price of Rp2,182 (full amount) per share or
harga perolehan per lembar saham Rp2.182 equivalent to Rp615,672,531,146 (full amount),
(nilai penuh) atau setara total the fair price of ESA 4 of Rp3,926 (full amount)
Rp615.672.531.146 (nilai penuh), harga wajar or equivalent to Rp1,107,757,411,800 (full
ESA 4 sebesar Rp3.926 (nilai penuh) atau amount), the difference between the value of
setara Rp1.107.757.411.800 (nilai penuh), treasury stock and the total of implementation
selisih antara nilai saham treasuri dan total cost based on the fair price was recorded in
biaya implementasi berdasarkan harga wajar additional paid-in capital amounting to
dicatat dalam agio sebesar Rp492.084.880.654 Rp492,084,880,654 (full amount).
(nilai penuh).
Pada tanggal 17 Desember 2021, terdapat On December 17, 2021, there was
implementasi program kepemilikan saham implementation of the stock option program for
kepada pekerja BRI (Catatan 30) yang BRI employees (Note 30) sourced from treasury
bersumber dari saham treasuri. Hal ini stock. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 11,004,400 shares at an acquisition
sebanyak 11.004.400 lembar saham dengan price of of Rp2,182 (full amount) at an acquisition
harga perolehan per lembar saham Rp2.182 price of or equivalent to Rp24,011,637,404 (full
(nilai penuh) atau setara Rp24.011.637.404 amount), ESOP 1 and 2 fair price of Rp2,240 (full
(nilai penuh), harga pelaksanaan program amount) or the equivalent of Rp24,649,856,000
ESOP 1 dan 2 sebesar Rp2.240 (nilai penuh) (full amount). The difference between the value
atau setara Rp24.649.856.000 (nilai penuh). of treasury stock and the total of implementation
Selisih antara nilai saham treasuri dan total cost based on the fair price was recorded in
biaya implementasi berdasarkan harga wajar additional paid-in capital amounting to
dicatat dalam agio sebesar Rp4.660.603.096 Rp4,660,603,096 (full amount).
(nilai penuh).
20
Page 995
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Pada tanggal 27 Desember 2021, terdapat On December 27, 2021, there was
implementasi program kepemilikan saham implementation of a bonus share program for
kepada pekerja BRI (Catatan 31f) yang BRI employees (Note 31f) sourced from treasury
bersumber dari saham treasuri. Hal ini stock. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 6,049,800 shares consisting of 16,000
sebanyak 6.049.800 lembar saham terdiri dari ESA 1 shares fair price of Rp3,630
ESA 1 sebanyak 16.000 lembar saham dengan (full amount) per share or equivalent to
harga wajar Rp3.630 (nilai penuh) per lembar Rp58,080,000 (full amount), ESA 2 of 266,400
saham atau setara Rp58.080.000 (nilai penuh), shares fair price of Rp4,410 (full amount) per
ESA 2 sebanyak 266.400 lembar saham share or equivalent to Rp1,174,824,000
dengan harga wajar Rp4.410 (nilai penuh) per (full amount), ESA 3 of 4,813,700 shares at fair
lembar saham atau setara Rp1.174.824.000 price of Rp4,020 (full amount) per share or
(nilai penuh), ESA 3 sebanyak 4.813.700 equivalent to Rp19,351,074,000 (full amount),
lembar saham dengan harga wajar Rp4.020 and ESA 4 of 953,700 shares at fair price of
(nilai penuh) per lembar saham atau setara Rp3,926 (full amount) per share or equivalent to
Rp19.351.074.000 (nilai penuh), dan ESA 4 Rp3,744,226,200 (full amount). The difference
sebanyak 953.700 lembar saham dengan harga between the value of treasury stock and the total
wajar Rp3.926 (nilai penuh) per lembar saham of implementation cost based on the fair price
atau setara Rp3.744.226.200 (nilai penuh). was recorded in additional paid-in capital
Selisih antara nilai saham treasuri dan total amounting to Rp11,127,520,477 (full amount).
biaya implementasi berdasarkan harga wajar
dicatat dalam agio sebesar Rp11.127.520.477
(nilai penuh).
Pada tanggal 28 Desember 2021, terdapat On December 28, 2021, the stock option
implementasi program kepemilikan saham program was implemented for BRI employees
kepada pekerja BRI (Catatan 30) yang (Note 30) sourced from treasury stock. This has
bersumber dari saham treasuri. Hal ini resulted in a reduction in treasury stock of
mengakibatkan pengurangan saham treasuri 1,742,600 shares with an acquisition price of
sebanyak 1.742.600 lembar saham dengan Rp2,182 (full amount) per share or equivalent
harga perolehan per lembar saham Rp2.182 to Rp3,802,358,996 (full amount), the
(nilai penuh) atau setara Rp3.802.358.996 (nilai implementation price of the ESOP 1 and 2
penuh), harga pelaksanaan program ESOP 1 programs of Rp2,240 (full amount) or equivalent
dan 2 sebesar Rp2.240 (nilai penuh) atau to Rp3,903,424,000 (full amount). The difference
setara Rp3.903.424.000 (nilai penuh). Selisih between the value of treasury stock and the total
antara nilai saham treasuri dan total biaya of implementation cost based on the fair price
implementasi berdasarkan harga wajar dicatat was recorded in additional paid-in capital
dalam agio sebesar Rp732.402.204 (nilai amounting to Rp732,402,204 (full amount).
penuh).
Pada tanggal 30 Desember 2021, terdapat As of December 30, 2021, there was the
implementasi program kepemilikan saham implementation of a bonus share program for
kepada pekerja BRI (Catatan 31f) yang BRI employees (Note 31f) sourced from treasury
bersumber dari saham treasuri. Hal ini stock. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 30,720,900 shares with details of
sebanyak 30.720.900 lembar saham dengan 30,252,500 shares with an acquisition price per
rincian sebanyak 30.252.500 lembar dengan share of Rp2,182 (full amount) per share or
harga perolehan per lembar saham Rp2.182 equivalent to Rp66,011,055,629 (full amount)
(nilai penuh) atau setara Rp66.011.055.629 and 468,400 shares with an acquisition price per
(nilai penuh) dan sebanyak 468.400 lembar share of Rp2,881 (full amount) per share or
dengan harga perolehan per lembar saham equivalent to Rp1,349,460,400 (full amount), the
Rp2.881 (nilai penuh) atau setara fair price of Special ESA is Rp4,080 (full amount)
Rp1.349.460.400 (nilai penuh), harga wajar or equivalent to Rp125,341,272,000 (full
ESA Khusus sebesar Rp4.080 (nilai penuh) amount).
atau setara Rp125.341.272.000 (nilai penuh).
21
Page 996
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Selisih antara nilai saham treasuri dan total The difference between the value of treasury
biaya implementasi berdasarkan harga wajar stock and the total of implementation cost based
dicatat dalam agio sebesar Rp57.980.755.971 on the fair price was recorded in additional paid-
(nilai penuh). Atas transaksi yang terjadi pada in capital amounting to Rp57,980,755,971 (full
tahun 2021, total saham treasuri yang dimiliki amount). For transactions that occurred in 2021,
oleh BRI adalah sebanyak 15.931.900 lembar the total treasury stock owned by BRI were
saham. 15,931,900 shares.
BRI melalui surat No. R.0034-DIR/ALM/ BRI, through its letter No. R. 0034-DIR/ALM/
01/2022 tanggal 24 Januari 2022 mengajukan 01/2022 dated January 24, 2022, submitted a
permohonan persetujuan pembelian kembali request for OJK’s approval on BRI’s shares
saham BRI kepada OJK sebanyak-banyaknya buyback for at most Rp3,000,000, and it was
Rp3.000.000. Pembelian kembali saham BRI approved by OJK through its letter
tersebut telah disetujui oleh OJK melalui Surat No. S-29/PB.31/2022 dated February 21, 2022
No. S-29/PB.31/2022 tanggal 21 Februari 2022 and approved by Annual General Meeting of
dan telah mendapatkan persetujuan pada Shareholders held on March 1, 2022.
Rapat Umum Pemegang Saham Tahunan 2022
yang diselenggarakan pada tanggal 1 Maret
2022.
BRI juga telah menyampaikan keterbukaan BRI conveyed its information disclosure to the
informasi kepada Otoritas Jasa Keuangan Financial Services Authority (OJK) in regards to
(OJK) sehubungan dengan rencana pembelian the buyback plan for shares previously issued
kembali saham yang telah dikeluarkan dan and listed on the Stock Exchange for as
tercatat di BEI sebanyak-banyaknya sebesar many as Rp3,000,000 through its letter
Rp3.000.000 melalui surat No. B.7-CSC/CSM/ No. B. 7-CSC/CSM/CGC/01/2022 dated January
CGC/01/2022 tanggal 21 Januari 2022. 21, 2022. The buyback is carried out within a
Pembelian kembali tersebut secara bertahap period between March 1, 2022 until August 31,
dalam periode 1 Maret 2022 sampai dengan 2023.
31 Agustus 2023.
Pada bulan April hingga Juli 2022, BRI telah In April to July 2022, BRI has repurchased
melakukan pembelian saham sebanyak 184,245,400 shares (par value of Rp50
184.245.400 lembar saham (nilai nominal Rp50 (full amount) per share) at an acquisition price of
(nilai penuh) per lembar saham) dengan harga Rp818,380 with an average purchase price of
perolehan sebesar Rp818.380 dengan rata-rata Rp4,442 (full amount) per share.
harga pembelian Rp4.442 (nilai penuh) per
lembar saham.
Pada tanggal 12 Agustus 2022 terdapat On August 12, 2022, there was implementation
implementasi program kepemilikan saham BRI of BRI's bonus share program originating from
yang bersumber dari saham treasuri hasil the treasury stocks repurchased in 2022. This
pembelian kembali tahun 2022. Hal ini has resulted in a reduction of treasury stock by
mengakibatkan pengurangan saham treasuri 7,064,100 shares with an acquisition price per
sebanyak 7.064.100 lembar saham dengan share of Rp4,440 (full amount), or equivalent to
harga perolehan per lembar saham Rp4.440 Rp31,363. The program implementation price is
(nilai penuh) atau setara Rp31.363 per lembar Rp4,250 (full amount) per share, or the
saham. Harga pelaksanaan program sebesar equivalent of Rp30,022. The difference between
Rp4.250 (nilai penuh) atau setara Rp30.022. the acquisition value of treasury stock and the
Selisih antara nilai perolehan saham treasuri program costs based on fair prices recorded in
dan biaya program berdasarkan harga wajar additional paid-in capital amounting to Rp1,341
dicatat dalam agio sebesar Rp1.341 (Catatan (Note 31b).
31b).
22
Page 997
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Pada bulan Agustus hingga Desember 2022, In August to December 2022, BRI has
BRI telah melakukan pembelian saham repurchased 295,208,700 shares (par value of
sebanyak 295.208.700 lembar saham Rp50 (full amount) per share) at an acquisition
(nilai nominal Rp50 (nilai penuh) per lembar price of Rp1,365,888 with an average purchase
saham) dengan harga perolehan sebesar price of Rp4,627 (full amount) per share.
Rp1.365.888 dan rata-rata harga pembelian
sebesar Rp4.627 (nilai penuh) per lembar
saham.
Pada bulan Januari 2023, BRI melanjutkan In January 2023, BRI continued to repurchase
pembelian saham sebanyak 167.931.800 167,931,800 shares (par value Rp50
lembar saham (nilai nominal Rp50 (nilai penuh) (full amount) per share) at an acquisition price of
per lembar saham) dengan harga perolehan Rp815,732 with an average purchase price of
sebesar Rp815.732 dan rata-rata harga Rp4,858 (full amount) per share.
pembelian sebesar Rp4.858 (nilai penuh) per
lembar saham.
Pada tanggal 14 Juli 2023 terdapat On July 14, 2023, there was implementation of a
implementasi program kepemilikan saham bonus share program for BRI employees
kepada pekerja BRI yang bersumber dari sourced from treasury stock repurchased in
saham treasuri hasil pembelian kembali tahun 2020. This has resulted in a reduction in treasury
2020. Hal ini mengakibatkan pengurangan stock of 501,600 shares with an acquisition price
saham treasuri sebanyak 501.600 lembar per share of Rp2,881 (full amount) per share or
saham dengan harga perolehan per lembar equivalent to Rp1,445. The implementation of
saham Rp2.881 (nilai penuh) atau setara this program consists of ESA 1 of 21,100 shares
Rp1.445. Pelaksanaan program ini terdiri dari with fair price of Rp3,630 (full amount), ESA 2 of
ESA 1 sebanyak 21.100 lembar saham dengan 32,300 shares with a grant price of Rp4,410
nilai wajar Rp3.630 (nilai penuh), ESA 2 (full amount), ESA 3 of 33,900 shares with a
sebanyak 32.300 lembar saham dengan nilai grant price of Rp4,020 (full amount), and ESA 4
wajar Rp4.410 (nilai penuh), ESA 3 sebanyak of 414,300 shares with fair price of Rp3,926
33.900 lembar saham dengan nilai wajar (full amount), where the total program
Rp4.020 (nilai penuh), dan ESA 4 sebanyak implementation price is equivalent to Rp1,982.
414.300 lembar saham dengan nilai wajar The difference between the acquisition value of
Rp3.926 (nilai penuh), dimana secara total treasury stock and the program costs based on
harga pelaksanaan program setara dengan fair prices recorded in additional paid-in capital
Rp1.982. Selisih antara nilai perolehan saham amounting to Rp537 (Note 31b).
treasuri dan biaya program berdasarkan harga
wajar dicatat dalam agio sebesar Rp537
(Catatan 31b).
Pada tanggal 18 Agustus 2023 terdapat On August 18, 2023, there was implementation
implementasi program kepemilikan saham BRI of a bonus share program for BRI employees
yang bersumber dari saham treasuri hasil sourced from treasury stock repurchased in
pembelian kembali tahun 2022. Hal ini 2022. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 6,440,500 shares at an acquisition price
sebanyak 6.440.500 lembar saham dengan of of Rp4,636 (full amount) at an acquisition price
harga perolehan per lembar saham Rp4.636 of or equivalent to Rp29,860. The program
(nilai penuh) atau setara Rp29.860. Harga implementation price of Rp5,450 (full amount) or
pelaksanaan program sebesar Rp5.450 (nilai equivalent to Rp35,101. The difference between
penuh) atau setara Rp35.101. Selisih antara the value of treasury stock and the total of
nilai perolehan saham treasuri dan biaya implementation cost based on the fair price was
program berdasarkan harga wajar dicatat recorded in additional paid-in capital amounting
dalam agio sebesar Rp5.241 (Catatan 31b). to Rp5,241 (Note 31b).
23
Page 998
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Pada bulan September sampai dengan In September to December 2023, BRI has
Desember 2023, BRI telah melakukan repurchased 118,833,600 shares (par value of
pembelian saham sebanyak 118.833.600 Rp50 (full amount) per share) at an acquisition
lembar saham (nilai nominal Rp50 (nilai penuh) price of Rp625,555 with an average purchase
per lembar saham) dengan harga perolehan price of Rp5,264 (full amount) per share.
sebesar Rp625.555 dan rata-rata harga
pembelian sebesar Rp5.264 (nilai penuh) per
lembar saham.
Pada tanggal 3 April 2024 terdapat On April 3, 2024, there was implementation of a
implementasi program kepemilikan saham BRI bonus share program for BRI employees
yang bersumber dari saham treasuri hasil sourced from treasury stock repurchased in
pembelian kembali tahun 2020. Hal ini 2020. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 7,346,500 shares at an acquisition price
sebanyak 7.346.500 lembar saham dengan of of Rp2,881 (full amount) at an acquisition price
harga perolehan per lembar saham Rp2.881 of or equivalent to Rp21,168. The program
(nilai penuh) atau setara Rp21.168. Harga implementation price of Rp6,375 (full amount) or
pelaksanaan program sebesar Rp6.375 (nilai equivalent to Rp46,835. The difference between
penuh) atau setara Rp46.835. Selisih antara the value of treasury stock and the total of
nilai perolehan saham treasuri dan biaya implementation cost based on the fair price was
program berdasarkan harga wajar dicatat recorded in additional paid-in capital amounting
dalam agio sebesar Rp25.667 (Catatan 31b). to Rp25,667 (Note 31b).
Pada bulan April 2024, BRI telah melakukan In April 2024, BRI has repurchased 28,900,000
pembelian saham sebanyak 28.900.000 lembar shares (par value of Rp50 (full amount) per
saham (nilai nominal Rp50 (nilai penuh) per share) at an acquisition price of Rp154,514 with
lembar saham) dengan harga perolehan an average purchase price of Rp5,346 (full
sebesar Rp154.514 dengan rata-rata harga amount) per share.
pembelian Rp5.346 (nilai penuh) per lembar
saham.
Pada tanggal 28 Mei 2024 terdapat On May 28, 2024, there was implementation of a
implementasi program kepemilikan saham BRI bonus share program for BRI employees
yang bersumber dari saham treasuri hasil sourced from treasury stock repurchased in
pembelian kembali tahun 2022. Hal ini 2022. This has resulted in a reduction in treasury
mengakibatkan pengurangan saham treasuri stock of 25,606,600 shares at an acquisition
sebanyak 25.606.600 lembar saham dengan price of of Rp4,636 (full amount) at an acquisition
harga perolehan per lembar saham Rp4.636 price of or equivalent to Rp118,716.
(nilai penuh) atau setara Rp118.716.
Pada bulan Mei 2024, BRI telah melakukan In May 2024, BRI has repurchased 20,900,000
pembelian saham sebanyak 20.900.000 lembar shares (par value of Rp50 (full amount) per
saham (nilai nominal Rp50 (nilai penuh) per share) at an acquisition price of Rp98,133 with
lembar saham) dengan harga perolehan an average purchase price of Rp4,695 (full
sebesar Rp98.133 dan rata-rata harga amount) per share.
pembelian sebesar Rp4.695 (nilai penuh) per
lembar saham.
24
Page 999
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Pada tanggal 9 Juli 2024 terdapat implementasi On July 9, 2024, there was implementation of a
program kepemilikan saham BRI yang bonus share program for BRI employees
bersumber dari saham treasuri hasil pembelian sourced from treasury stock repurchased in
kembali tahun 2022. Hal ini mengakibatkan 2022. This has resulted in a reduction in treasury
pengurangan saham treasuri sebanyak stock of 412,200 shares at an acquisition price of
412.200 lembar saham dengan harga of Rp2,881 (full amount) at an acquisition price
perolehan per lembar saham Rp2.881 (nilai of or equivalent to Rp1,188. The program
penuh) atau setara Rp1.188. Harga implementation price of Rp6,350 (full amount) or
pelaksanaan program sebesar Rp6.350 (nilai equivalent to Rp2,617. The difference between
penuh) atau setara Rp2.617. Selisih antara nilai the value of treasury stock and the total of
perolehan saham treasuri dan biaya program implementation cost based on the fair price was
berdasarkan harga wajar dicatat dalam agio recorded in additional paid-in capital amounting
sebesar Rp1.429 (Catatan 31b). to Rp1,429 (Note 31b).
Pada bulan Juli hingga September 2024, BRI In July until September 2024, BRI has
telah melakukan pembelian saham sebanyak repurchased 125,298,700 shares (par value of
125.298.700 lembar saham (nilai nominal Rp50 Rp50 (full amount) per share) at an acquisition
(nilai penuh) per lembar saham) dengan harga price of Rp621,798 with an average purchase
perolehan sebesar Rp621.798 dan rata-rata price of Rp4,963 (full amount) per share.
harga pembelian sebesar Rp4.963 (nilai penuh)
per lembar saham.
Pada tanggal 24 Januari 2025 terdapat On January 24, 2025, there was an
implementasi program kepemilikan saham BRI implementation of BRI's share ownership
yang bersumber dari saham treasuri hasil program sourced from treasury shares from the
pembelian kembali tahun 2020. Hal ini 2020 buyback. This resulted in a reduction in
mengakibatkan pengurangan saham treasuri treasury shares of 7,671,300 shares with an
sebanyak 7.671.300 lembar saham dengan acquisition price per share of Rp2,881 (full value)
harga perolehan per lembar saham Rp2.881 or equivalent to Rp22,104. The program
(nilai penuh) atau setara Rp22.104. Harga implementation price was Rp4,334 (full value) or
pelaksanaan program sebesar Rp4.334 (nilai equivalent to Rp33,247. The difference between
penuh) atau setara Rp33.247. Selisih antara the acquisition value of treasury shares and the
nilai perolehan saham treasuri dan biaya program costs based on fair prices was recorded
program berdasarkan harga wajar dicatat in additional paid-in capital of Rp11,143
dalam agio sebesar Rp11.143 (Catatan 31b). (Note 31b).
Pada bulan April hingga Oktober 2025, BRI In April until October 2025, BRI has repurchased
telah melakukan pembelian saham sebanyak 121,321,300 shares (par value of Rp50 (full
121.321.300 lembar saham (nilai nominal Rp50 amount) per share) at an acquisition price of
(nilai penuh) per lembar saham) dengan harga Rp448,235 with an average purchase price of
perolehan sebesar Rp448.235 dan rata-rata Rp3,695 (full amount) per share.
harga pembelian sebesar Rp3.695 (nilai penuh)
per lembar saham.
25
Page 1000
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Modal Saham Diperoleh Kembali (Saham d. Treasury Stock (continued)
Treasuri) (lanjutan)
Pada tanggal 5 Desember 2025 terdapat On December 5, 2025, there was an
implementasi program kepemilikan saham BRI implementation of BRI's share ownership
yang bersumber dari saham treasuri hasil program sourced from treasury shares from the
pembelian kembali tahun 2022. Hal ini 2022 buyback. This resulted in a reduction in
mengakibatkan pengurangan saham treasuri treasury shares of 75,926,100 shares with an
sebanyak 75.926.100 lembar saham dengan acquisition price per share of Rp4,636 (full value)
harga perolehan per lembar saham Rp4.636 or equivalent to Rp352,006. The program
(nilai penuh) atau setara Rp352.006. Harga implementation price was Rp4,334 (full value) or
pelaksanaan program sebesar Rp4.334 (nilai equivalent to Rp329,064. The difference
penuh) atau setara Rp329.064. Selisih antara between the acquisition value of treasury shares
nilai perolehan saham treasuri dan biaya and the program costs based on fair prices was
program berdasarkan harga wajar dicatat recorded in additional paid-in capital of Rp22,942
dalam agio sebesar Rp22.942 (Catatan 31b). (Note 31b)
Pada bulan Desember 2025, BRI telah In December 2025, BRI has repurchased
melakukan pembelian saham sebanyak 11,000,000 shares (par value of Rp50 (full
11.000.000 lembar saham (nilai nominal Rp50 amount) per share) at an acquisition price of
(nilai penuh) per lembar saham) dengan harga Rp39,650 with an average purchase price of
perolehan sebesar Rp39.650 dan rata-rata Rp3,605 (full amount) per share.
harga pembelian sebesar Rp3.605 (nilai penuh)
per lembar saham.
Adapun harga perolehan di atas merupakan The acquisition price above is the acquisition
harga perolehan dan tidak termasuk biaya yang price and does not include costs that can be
dapat diatribusikan secara langsung terhadap directly attributed to the purchase of treasury
pembelian saham treasuri. stock.
Sehingga per tanggal 31 Desember 2025, total As of December 31, 2025, the total treasury
saham treasuri yang dimiliki oleh BRI sebanyak stocks owned by BRI were 958,602,200 shares.
958.602.200 lembar saham.
26
Page 1001
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
e. Struktur dan Manajemen e. Structure and Management
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024 BRI has the
2024, BRI memiliki jaringan unit kerja dengan following networks of work unit:
rincian sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Kantor Wilayah 18 18 Regional Offices
Kantor Audit Intern Pusat 1 1 Head Internal Audit Office
Kantor Audit Intern Wilayah 18 18 Regional Internal Audit Offices
Kantor Cabang Dalam Negeri 454 453 Domestic Branch Offices
Kantor Cabang/Kantor Perwakilan Overseas Branch/Representative
di Luar Negeri 6 6 Offices
Kantor Cabang Pembantu (KCP)
Dalam Negeri*) 6.885 7.014 Domestic Sub-branch Offices*)
Kantor Cabang Pembantu (KCP)
di Luar Negeri 3 3 Overseas Sub-branch Offices
Teras Keliling 6 69 Mobile Teras
Teras Kapal 4 4 Floating Teras
*) Sesuai dengan POJK No. 12/POJK.03/2021 tanggal 30 *) According to POJK No.12/POJK.03/2021 dated July 30,
Juli 2021 tentang Bank Umum, penyajian Unit Kerja 2021 regarding Commercial Banks, Presentation of Cash
Kantor Kas, BRI Unit dan Teras Kantor dicatatkan Office, BRI Units and Teras Offices are listed as Domestic
sebagai Kantor Cabang Pembantu (KCP) Dalam Negeri Sub-Branch Offices (KCP)
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI has 5
2024, BRI memiliki 5 (lima) Kantor Cabang di (five) overseas branch offices located in New
luar negeri yang berlokasi di New York, York, Cayman Islands, Singapore, Timor-Leste,
Cayman Islands, Singapura, Timor-Leste dan Taipei and 1 (one) overseas representative office
Taipei, serta 1 (satu) Kantor Perwakilan di luar located in Hong Kong.
negeri yang berlokasi di Hong Kong.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI has 10
2024, BRI memiliki 10 (sepuluh) entitas anak (ten) subsidiaries, which are PT Bank Raya
yaitu PT Bank Raya Indonesia Tbk, BRI Global Indonesia Tbk, BRI Global Financial Services
Financial Services Co. Ltd. Hong Kong, Co. Ltd Hong Kong, PT Asuransi BRI Life,
PT Asuransi BRI Life, PT BRI Multifinance PT BRI Multifinance Indonesia, PT BRI
Indonesia, PT BRI Danareksa Sekuritas, Danareksa Sekuritas, PT BRI Ventura
PT BRI Ventura Investama, PT BRI Asuransi Investama, PT BRI Asuransi Indonesia,
Indonesia, PT Pegadaian, PT Permodalan PT Pegadaian, PT Permodalan Nasional
Nasional Madani, dan PT BRI Manajemen Madani, and PT BRI Manajemen Investasi.
Investasi.
Berdasarkan kebijakan akuntansi BRI, Based on the accounting policies of BRI, the
manajemen kunci BRI cakupannya adalah coverage of BRI’s key management are
anggota komisaris, direksi, senior executive members of boards of commissioners, directors,
vice president, komite audit, komite remunerasi, senior executive vice president, audit committee,
kepala group, kepala satuan kerja audit intern remuneration committee, group head, head of
dan kepala audit intern wilayah, pemimpin internal audit work unit and head of regional
wilayah, pemimpin cabang khusus dan internal audits, head of regional officer, head of
pemimpin cabang. special branch and head of branches.
27
Page 1002
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
e. Struktur dan Manajemen (lanjutan) e. Structure and Management (continued)
Total pekerja BRI dan entitas anak masing- The number of BRI and subsidiaries employees
masing pada tanggal-tanggal 31 Desember as of December 31, 2025 and 2024 are
2025 dan 2024 adalah sebagai berikut (unaudited):
(tidak diaudit):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 59.714 59.495 (Persero) Tbk
Entitas Anak 22.478 21.676 Subsidiaries
82.192 81.171
Susunan Dewan Komisaris BRI pada tanggal The composition of BRI's Board of
31 Desember 2025 ditetapkan berdasarkan Commissioners as of December 31, 2025 was
Rapat Umum Pemegang Saham Luar Biasa appointed based on Extraordinary General
(RUPSLB) BRI yang dimuat dalam Berita Acara Meeting of Shareholders of BRI, each of which
RUPSLB dalam Akta No.19 tanggal 17 was stated in the Notarial Deed No. 19 dated
Desember 2025. Adapun Susunan Dewan December 17, 2025. The composition of the
Komisaris BRI pada tanggal 31 Desember 2024 Board of Commissioners of BRI as of December
ditetapkan berdasarkan RUPS Tahunan BRI 31, 2024 was appointed based on the
yang Akta No. 31 tanggal 22 April 2024 yang Extraordinary and Annual GMS of BRI stated in
dibuat oleh Notaris Fathiah Helmi, S.H.: the Notarial Deed of Fathiah Helmi, S.H., No. 31
dated April 22, 2024:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Komisaris Utama/Komisaris : Kartika Wirjoatmodjo Kartika Wirjoatmodjo : President Commissioner/Commissioner
Wakil Komisaris Utama/ Vice President Commissioner/
Komisaris Independen : Parman Nataatmadja Rofikoh Rokhim : Independent Commissioner
Komisaris Independen : Lukmanul Hakim Heri Sunaryadi : Independent Commissioner
Komisaris Independen : Edi Susianto Agus Riswanto : Independent Commissioner
Komisaris Independen : - Dwi Ria Latifa : Independent Commissioner
Komisaris Independen : - Nurmaria Sarosa : Independent Commissioner
Komisaris Independen : - Haryo Baskoro W : Independent Commissioner
Komisaris Independen : - Paripurna Poerwoko : Independent Commissioner
Sugarda
Komisaris : Helvi Yuni Moraza Rabin Indrajad : Commissioner
Hattari
Komisaris : Awan Nurmawan Nuh Awan Nurmawan Nuh : Commissioner
Susunan Direksi BRI pada tanggal The composition of BRI's Directors as of
31 Desember 2025 ditetapkan berdasarkan December 31, 2025 was appointed based on
Rapat Umum Pemegang Saham Luar Biasa Extraordinary General Meeting of Shareholders
(RUPSLB) BRI yang dimuat dalam Berita Acara of BRI, each of which was stated in the Notarial
RUPSLB dalam Akta No.19 tanggal Deed No. 19 dated December 17, 2025. The
17 Desember 2025. Adapun Susunan Direksi composition of BRI's Directors as of December
BRI pada tanggal 31 Desember 2024 31, 2024 was appointed based on the
ditetapkan berdasarkan RUPS Tahunan BRI Extraordinary and Annual GMS of BRI stated in
yang dimuat dalam Akta No. 31 tanggal 22 April the Notarial Deed of Fathiah Helmi, S.H., No. 31
2024 yang dibuat oleh Notaris Fathiah Helmi, dated April 22, 2024:
S.H.:
28
Page 1003
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
e. Struktur dan Manajemen (lanjutan) e. Structure and Management (continued)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Direktur Utama : Hery Gunardi Sunarso : President Director
Wakil Direktur Utama : Viviana Dyah Ayu R.K* Catur Budi Harto : Vice President Director
Direktur : Achmad Royadi* Viviana Dyah Ayu R.K : Director
Direktur : Alexander Dippo Paris Amam Sukriyanto : Director
Y.S
Direktur : Aquarius Rudianto Andrijanto : Director
Direktur : Aris Hartanto* Handayani : Director
Direktur : Akhmad Purwakajaya Supari : Director
Direktur : Saladin Dharma Nugraha Arga Mahanana : Director
Effendi Nugraha
Direktur : Ety Yuniarti* Agus Sudiarto : Director
Direktur : Farida Thamrin Agus Noorsanto : Director
Direktur : Riko Adythia Agus Winardono : Director
Direktur : Mahdi Yusuf* Ahmad Solichin : Director
Lutfiyanto
Direktur : Hakim Putratama - : Director
*) Baru dapat melaksanakan tugas dan fungsi dalam jabatannya setelah *) The appointee shall commence duties and responsibilities in the position only upon
mendapatkan persetujuan dari Otoritas Jasa Keuangan atas Penilaian receiving approval from the Financial Services Authority following the Fit and Proper
Kemampuan dan Kepatutan (Fit & Proper Test) serta memenuhi ketentuan Test Assessment and compliance with all applicable laws and regulations
peraturan perundang-undangan yang berlaku.
Susunan Komite Audit BRI pada tanggal The composition of BRI’s Audit Committee as of
31 Desember 2025 ditetapkan berdasarkan December 31, 2025 determined based on
Surat Keputusan Direksi No. Kep: 1719- Directors’ Decision Letter No. Kep: 1719-
DIR/HBS/04/2025 tanggal 17 April 2025. DIR/HBS/04/2025 dated April, 17, 2025 and
Adapun susunan Komite Audit BRI pada December 31, 2024 was appointed based on
tanggal 31 Desember 2024 ditetapkan Directors’ Decision Letter No. Kep 1786-
berdasarkan Surat Keputusan Direksi No. Kep DIR/HCB/09/2024 dated September 9, 2024:
1786-DIR/HBS/09/2024 tanggal 9 September
2024:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Ketua : Edi Susianto Rofikoh Rokhim : Chairman
Anggota : Parman Nataatmadja Heri Sunaryadi : Member
Anggota : Loethano Boy Meizardi Agus Riswanto : Member
Anggota : Thauriq Anwar Haryo Baskoro W : Member
Anggota : Maria Ulpah Bintoro Nurcahyo : Member
Anggota : - Irwanto : Member
Anggota : - Loethano Boy Meizardi : Member
Anggota : - Donny Himawan : Member
Anggota : - Thauriq Anwar : Member
Sekretaris Perusahaan BRI pada tanggal As of December 31, 2025 the BRI Corporate
31 Desember 2025 dijabat oleh Dhanny Secretary was Dhanny based on Directors’
berdasarkan Surat Keputusan Direksi No. Kep Decision Letter No. Kep 2915 DIR/HBS/09/2025
2915 DIR/HBS/09/2025 tanggal 1 September dated September 1, 2025 and December 31,
2025 dan 31 Desember 2024 dijabat oleh 2024, the BRI Corporate Secretary was Agustya
Agustya Hendy Bernadi berdasarkan Surat Hendy Bernadi based on Directors’ Decision
Keputusan Direksi No. Kep 1616 Letter No. Kep 1616 DIR/HCB/08/2023 dated
DIR/HCB/08/2023 tanggal 1 Agustus 2023. August 1, 2023.
29
Page 1004
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
e. Struktur dan Manajemen (lanjutan) e. Structure and Management (continued)
Kepala Satuan Kerja Audit Intern BRI pada As of December 31, 2025 and 2024, Head of the
tanggal 31 Desember 2025 dan 2024 dijabat BRI Internal Audit Unit was Yulianto Setiawan
oleh Yulianto Setiawan (terhitung mulai tanggal (effective from December 1, 2024) in accordance
1 Desember 2024) sesuai Surat Keputusan with the Decree of the Directors of BRI No. Kep.
Direksi BRI No. Kep. 4221-DIR/HBS/11 2024 4221-DIR/HBS/11/2024 dated November 29,
tanggal 29 November 2024*). 2024*).
*) Sebelumnya dijabat oleh Donny Permana sesuai Surat *) Previously held by Donny Permana in accordance with the
Keputusan Direksi BRI No. Kep: 1877 - DIR/HCB/06/2024 Decree of the BRI Board of Directors No. Kep: 1877 -
tanggal 3 Juni 2024 tentang Penugasan sebagai Pejabat DIR/HCB/06/2024 dated June 3, 2024 concerning the
Pengganti Sementara (PGS) Kepala Satuan Kerja Audit Assignment as Acting Head of the BRI Internal of PT Bank
Internal PT Bank Rakyat Indonesia (Persero) Tbk. Rakyat Indonesia (Persero) Tbk.
f. Entitas Anak f. Subsidiaries
Entitas Anak yang tercakup dalam laporan Subsidiaries included in the consolidated
keuangan konsolidasian pada tanggal-tanggal financial statements as of December 31, 2025
31 Desember 2025 dan 2024 adalah sebagai and 2024, are as follows:
berikut:
Total Aset/
Tahun Mulai Total Assets
Beroperasi
Komersial/ 31 Desember 31 Desember
Year Started 2025/ 2024/
Bidang Usaha/ Commercial December 31, December 31,
Nama Entitas Anak Business Field Operations 2025 2024 Name of Subsidiaries
PT Bank Raya Indonesia Tbk Perusahaan Perbankan 1989 13.211.298 13.158.236 PT Bank Raya Indonesia
Konvensional/ Conventional
Banking
BRI Global Financial Services Perusahaan Jasa Keuangan/ 2005 62.546 42.145 BRI Global Financial Services
Co.,Ltd Financial Service Co.,Ltd
PT Asuransi BRI Life Perusahaan Asuransi Jiwa/ 1987 28.177.449 26.520.605 PT Asuransi BRI Life
Life Insurance
PT BRI Multifinance Indonesia Perusahaan Pembiayaan/ 1983 5.419.420 7.689.464 PT BRI Multifinance Indonesia
Financing Company
PT BRI Ventura Investama Perusahaan Modal Ventura/ 1998 2.118.362 2.471.125 PT BRI Ventura Investama
Venture Capital Company
PT BRI Danareksa Sekuritas Perusahaan Sekuritas/ 1992 1.279.094 1.089.788 PT BRI Danareksa Sekuritas
Securities Company
PT BRI Asuransi Indonesia Perusahaan Asuransi/ 1989 8.158.065 7.721.019 PT BRI Asuransi Indonesia
General Insurance
PT Pegadaian Perusahaan Pembiayaan/ 1901 151.260.934 102.172.436 PT Pegadaian
Financing Company
PT Permodalan Nasional Perusahaan Pembiayaan/ 1999 56.986.249 55.348.061 PT Permodalan Nasional
Madani Financing Company Madani
PT BRI Manajemen Investasi Perusahaan Investasi/ 1992 375.569 313.098 PT BRI Manajemen Investasi
Investment Company
30
Page 1005
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
Pada tanggal 19 Agustus 2010, BRI telah On August 19, 2010, BRI entered into
menandatangani Perjanjian Pengikatan Jual a Conditional Sale and Purchase of Shares
Beli Saham Bersyarat (PPJB) dengan Dana Agreement (PPJB) with Dana Pensiun
Pensiun Perkebunan (Dapenbun) selaku Perkebunan (Dapenbun), which holds 95.96% of
pemegang 95,96% saham PT Bank Agroniaga PT Bank Agroniaga Tbk (“Bank Agro”) shares, to
Tbk (“Bank Agro”) untuk mengakuisisi saham acquire Bank Agro’s shares at a total nominal
Bank Agro dengan total nominal sebesar value of Rp330,296 for 3,030,239,023 shares,
Rp330.296 untuk 3.030.239.023 lembar saham with a price of Rp109 (full amount) per share.
dengan harga Rp109 (nilai penuh) per lembar
saham.
Berdasarkan RUPS Luar Biasa BRI sesuai According to BRI’s Extraordinary General
dengan akta No. 37 tanggal 24 November 2010 Meeting of Shareholders, in accordance with the
Notaris Fathiah Helmi, S.H., para pemegang Notarial Deed No. 37 dated November 24, 2010
saham telah menyetujui akuisisi terhadap Bank of Notary Fathiah Helmi, S.H., the shareholders
Agro. Selain itu, Bank Indonesia juga telah have approved the acquisition of Bank Agro.
memberikan persetujuan melalui Surat Furthermore, Bank Indonesia, in its Letter
No. 13/19/GBI/DPIP/Rahasia tanggal No. 13/19/GBI/DPIP/Rahasia dated February 16,
16 Februari 2011. Akuisisi ini diselesaikan pada 2011, also granted its approval for the acquisition
tanggal 3 Maret 2011 berdasarkan akta akuisisi of Bank Agro. The acquisition was completed on
No. 14 Notaris Fathiah Helmi, S.H., dimana BRI March 3, 2011 based on the Notarial Deed
memiliki 88,65% dari seluruh saham yang No. 14 of Notary Fathiah Helmi, S.H., where BRI
ditempatkan dan disetor penuh dalam Bank owned 88.65% of Bank Agro’s total issued and
Agro, sebagaimana dimuat dalam akta No. 68 fully paid shares, as stated in the Notarial Deed
tanggal 29 Desember 2009, Notaris Rusnaldy, No. 68 dated December 29, 2009, of Notary
S.H.. Hal tersebut di atas telah Rusnaldy, S.H.. The above mentioned matter
mempertimbangkan efek dari Waran Seri I yang has also considered the effects of Warrants
dapat dieksekusi sampai dengan tanggal Series I which are exercisable up to May 25,
25 Mei 2011. 2011.
Untuk memenuhi Peraturan Bapepam-LK In compliance with Bapepam-LK’s Regulation
No. IX.H.1, Lampiran Keputusan Ketua No. IX.H.1, Appendix to the Decision Letter of
Bapepam-LK No. Kep-259/BL/2008, tanggal Chairman of Bapepam-LK No. Kep-259/BL/2008
30 Juni 2008, tentang “Pengambilalihan dated June 30, 2008 regarding the “Takeover of
Perusahaan Terbuka”, BRI sebagai pengendali Public Company”, BRI, as the new controlling
baru Bank Agro diwajibkan untuk melaksanakan shareholder of Bank Agro, obliged to execute
Penawaran Tender terhadap saham Bank Agro Tender Offer on the remaining Bank Agro’s
yang dimiliki pemegang saham publik. shares which are owned by the public. The
Pernyataan Penawaran Tender telah dinyatakan Tender Offer statement has become effective on
efektif pada tanggal 4 Mei 2011 berdasarkan May 4, 2011 based on the Chairman of
Surat Ketua Bapepam-LK No. S-4985/BL/2011 Bapepam-LK’s Letter No. S-4985/BL/2011 and
dan telah diumumkan pada 2 (dua) surat kabar was announced on May 5, 2011, in two daily
harian, yaitu Bisnis Indonesia dan Investor Daily, newspapers, Bisnis Indonesia and Investor Daily.
keduanya pada tanggal 5 Mei 2011. Masa The Tender Offer period commenced on May 5,
Penawaran Tender dimulai pada tanggal 5 Mei 2011 and concluded on May 24, 2011. At the end
2011 dan berakhir pada tanggal 24 Mei 2011. of the Tender Offer period, BRI purchased
Pada tanggal penutupan masa Penawaran 113,326,500 shares (3.15% of the total shares of
Tender, terdapat 113.326.500 lembar saham Bank Agro). The tender offer price is Rp182 (full
(3,15% dari seluruh saham Bank Agro) yang amount) per share.
dibeli oleh BRI. Harga Penawaran Tender yang
digunakan adalah sebesar Rp182 (nilai penuh)
per lembar saham.
31
Page 1006
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Pada tanggal 1 Juli 2011, telah dilaksanakan On July 1, 2011, Dapenbun exercised its option
penjualan saham kepada Dapenbun sejumlah to buy 256,375,502 shares at a price of Rp109
256.375.502 lembar saham atas eksekusi opsi (full amount) per share. Based on Regulation
beli Dapenbun dengan harga Rp109 (nilai No. IX.H.1, the payback period of Tender Offer
penuh) per lembar saham. Selanjutnya sesuai is within 2 (two) years. However, specifically for
peraturan No. IX.H.1, jangka waktu Bank Agro, BRI had the obligation to meet
pengembalian tender offer adalah selama 2 minimum public shareholding of 10% at no later
(dua) tahun. Namun, khusus untuk Bank Agro than May 24, 2013. This is to comply with the
maka BRI wajib memenuhi kepemilikan saham Letter from the Indonesia Stock Exchange No.
publik minimal adalah sebesar 10% dan harus S-06472/BEI.PPJ/09-2011 dated September
dipenuhi paling lambat pada tanggal 24 Mei 23, 2011.
2013. Hal ini untuk memenuhi Surat Bursa Efek
Indonesia No. S-06472/BEI.PPJ/09-2011
tanggal 23 September 2011.
Sampai dengan 31 Desember 2011, saham As of December 31, 2011, 500,000 of Bank Agro
Bank Agro yang berhasil dijual ke publik sebesar shares have been successfully sold back to the
500.000 lembar saham sehingga kepemilikan public resulting in BRI’s ownership of 79.78%
saham BRI di Bank Agro per 31 Desember 2011 and Dapenbun’s of 14%. While there was no sale
menjadi 79,78% dan Dapenbun 14%. Selama of shares during the year 2012 and 2013,
tahun 2012 dan 2013 tidak terdapat penjualan 130,000 shares were sold in 2014. Thus, as of
saham, kemudian pada tahun 2014 terdapat December 31, 2014, BRI was unable to meet the
penjualan saham sebesar 130.000 lembar requirement of Indonesia Stock Exchange stated
saham, sehingga per tanggal 31 Desember on its letter No. S-06472/BEI.PPJ/09-2011 dated
2014, kepemilikan saham publik untuk September 23, 2011, to have a minimum public
memenuhi surat Bursa Efek Indonesia shareholding of 10% by May 24, 2013 due to the
No. S-06472/BEI.PPJ/09-2011 tanggal inactivity of Bank Agro’s share price in the capital
23 September 2011 sebesar 10% pada tanggal market.
24 Mei 2013 belum dapat dipenuhi BRI karena
tidak aktifnya harga saham Bank Agro di pasar
modal.
Berdasarkan akta Pernyataan Keputusan Rapat Based on the Notarial Deed of Meeting Decision
No. 30 tanggal 16 Mei 2012, Notaris Rusnaldy, Statement No. 30 dated May 16, 2012 of Notary
S.H., dilakukan perubahan nama dari PT Bank Rusnaldy, S.H., the name PT Bank Agroniaga
Agroniaga Tbk menjadi PT Bank Rakyat Tbk was changed into PT Bank Rakyat Indonesia
Indonesia Agroniaga Tbk (“BRI Agro”) dan telah Agroniaga Tbk ("BRI Agro"). This change has
mendapatkan persetujuan dari Bank Indonesia been approved by Bank Indonesia in its
sesuai Surat Keputusan Gubernur Bank Governor's Decision Letter No.
Indonesia No. 14/72/KEP.GBI/2012 tanggal 14/72/KEP.GBI/2012 dated October 10, 2012.
10 Oktober 2012.
32
Page 1007
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Pada tanggal 10 Mei 2013, BRI Agro On May 10, 2013, BRI Agro submitted
menyampaikan Pernyataan Pendaftaran Registration Statement of Limited Public
Penawaran Umum Terbatas IV (“PUT IV”) Offering IV (“PUT IV”) to the Board of
kepada Dewan Komisioner OJK dalam rangka Commissioners of OJK in connection with the
penerbitan Hak Memesan Efek Terlebih Dahulu. issuance of Preemptive Rights. As a result of
Hasil dari PUT IV menyebabkan Anggaran PUT IV, BRI Agro’s Articles of Association was
Dasar BRI Agro mengalami perubahan amended as stated in Deed of Meeting Decision
sebagaimana dituangkan dalam Akta Statement No. 107 dated July 30, 2013, of Notary
Pernyataan Keputusan Rapat No. 107 tanggal M. Nova Faisal, S.H., M.Kn., regarding the
30 Juli 2013, Notaris M. Nova Faisal, S.H., increase in issued and fully paid capital,
M.Kn., mengenai peningkatan modal increasing BRI’s ownership to 80.43%,
ditempatkan dan disetor penuh sehingga Dapenbun’s to 14.02% and public’s to 5.55%.
kepemilikan saham BRI di BRI Agro menjadi This amendment was approved by the Minister of
80,43%, Dapenbun 14,02% dan publik 5,55%. Law and Human Rights of the Republic of
Perubahan ini telah mendapat persetujuan dari Indonesia in its Decision Letter No. AHU-
Menteri Hukum dan Hak Asasi Manusia 0074249.AH.01.09 Year 2013 dated August 1,
Republik Indonesia dalam Surat Keputusan 2013.
No. AHU-0074249.AH.01.09 tahun 2013
tanggal 1 Agustus 2013.
Pada tanggal 11 Mei 2015, BRI Agro On May 11, 2015, BRI Agro submitted
menyampaikan Pernyataan Pendaftaran Registration Statement of Limited Public Offering
Penawaran Umum Terbatas V (“PUT V”) kepada V (“PUT V”) to the Board of Commissioners of
Dewan Komisioner OJK dalam rangka OJK in connection with the issuance of
penerbitan Hak Memesan Efek Terlebih Dahulu. Preemptive Rights. As a result of PUT V, BRI
Hasil dari PUT V menyebabkan Anggaran Dasar Agro’s Articles of Association was amended as
BRI Agro mengalami perubahan sebagaimana stated in Notarial Deed of Decision Meeting
dituangkan dalam Akta Pernyataan Keputusan Statement and Amendment of Articles of
Rapat dan Perubahan Anggaran Dasar No. 68 Association No. 68 dated July 14, 2015 of Notary
tanggal 14 Juli 2015, Notaris M. Nova Faisal, M. Nova Faisal, S.H., M.Kn., regarding the
S.H., M.Kn., mengenai peningkatan modal increase in issued and fully paid capital,
ditempatkan dan disetor penuh sehingga increasing BRI’s ownership in BRI Agro to
kepemilikan saham BRI di BRI Agro menjadi 87.23%, Dapenbun’s to 9.10% and public’s to
87,23%, Dapenbun 9,10% dan publik 3,67%. 3.67%. This amendment was accepted and
Perubahan ini telah diterima dan dicatat di dalam recorded in the Legal Entity Administration
Sistem Administrasi Badan Hukum oleh Menteri System by the Minister of Law and Human Rights
Hukum dan Hak Asasi Manusia Republik of the Republic of Indonesia in its
Indonesia dalam Surat Penerimaan Acknowledgement Letter of PT Bank Rakyat
Pemberitahuan Perubahan Anggaran Dasar Indonesia Agroniaga Tbk Articles of Association
PT Bank Rakyat Indonesia Agroniaga Tbk Amendment Notice No. AHU-AH.01.03-0951264
No. AHU-AH.01.03-0951264 tanggal 14 Juli dated July 14, 2015.
2015.
33
Page 1008
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Pada tanggal 17 Oktober 2016, BRI Agro On October 17, 2016, BRI Agro submitted
menyampaikan Pernyataan Pendaftaran Registration Statement of Limited Public Offering
Penawaran Umum Terbatas VI (“PUT VI”) VI (“PUT VI”) to the Board of Commissioners of
kepada Dewan Komisioner OJK dalam rangka OJK in connection with the issuance of Additional
Penambahan Modal dengan Hak Memesan Efek Capital with Preemptive Rights of 3,845,996,122
Terlebih Dahulu (PMHMETD) sebanyak- Common Shares at most with nominal value of
banyaknya 3.845.996.122 lembar saham biasa Rp100 (full amount) per share and the issuance
dengan nilai nominal Rp100 (nilai penuh) per of Warrants Series II of 616,908,103. On
lembar saham dan menerbitkan Waran Seri II November 25, 2016, the Board of
sebanyak 616.908.103 lembar. Pada tanggal 25 Commissioners of OJK through its letter
November 2016, Dewan Komisioner OJK No. S-695/D.04/2016 notified BRI Agro that its
melalui surat No. S-695/D.04/2016 Registration Statement of Limited Public Offering
memberitahukan mengenai Efektifnya VI has become effective, thus increasing the
Pernyataan Pendaftaran Penawaran Umum number of its issued capital stock by
Terbatas VI, sehingga meningkatkan jumlah 3,845,996,122 shares. The period to convert
modal sahamnya sebanyak 3.845.996.122 Warrants Series II into BRI Agro shares at Rp130
lembar saham. Waran Seri II dapat dikonversi (full amount) per share is from June 9, 2017 until
menjadi saham BRI Agro dengan nilai Rp130 June 11, 2018. As a result of PUT VI, BRI Agro’s
(nilai penuh) per lembar saham dengan periode Articles of Association was amended as stated in
pelaksanaan dari 9 Juni 2017 sampai dengan Notarial Deed of Decision Meeting Statement No.
11 Juni 2018. Hasil dari PUT VI menyebabkan 58 dated December 27, 2016, of Notary M. Nova
Anggaran Dasar BRI Agro mengalami Faisal, S.H., M.Kn., regarding the increase in
perubahan sebagaimana dituangkan dalam issued and fully paid capital, resulting in BRI’s
Akta Pernyataan Keputusan Rapat No. 58 ownership di BRI Agro to be at 87.23%,
tanggal 27 Desember 2016, Notaris M. Nova Dapenbun’s to be at 7.08% and public’s to be at
Faisal, S.H., M.Kn., mengenai peningkatan 5.69%. This amendment was accepted and
modal ditempatkan dan disetor penuh sehingga recorded in the Legal Entity Administration
kepemilikan saham BRI di BRI Agro tetap System by the Minister of Law and
sebesar 87,23%, Dapenbun 7,08% dan publik Human Rights of the Republic of Indonesia
5,69%. Perubahan ini telah diterima dan dicatat in its Acknowledgement Letter of PT Bank
di dalam Sistem Administrasi Badan Hukum oleh Rakyat Indonesia Agroniaga Tbk Articles
Menteri Hukum dan Hak Asasi Manusia of Association Amendment Notice No. AHU-
Republik Indonesia dalam Surat Penerimaan AH.01.03-0112637 dated December 27, 2016.
Pemberitahuan Perubahan Anggaran Dasar
PT Bank Rakyat Indonesia Agroniaga Tbk
No. AHU-AH.01.03-0112637 tanggal
27 Desember 2016.
Sampai dengan tanggal 11 Juni 2018 (akhir dari Up to June 11, 2018 (the ending period of
konversi waran), jumlah waran yang telah warrants conversion), total warrants converted
dikonversi menjadi saham sejumlah into shares are 612,937,654 shares, thereby
612.937.654 lembar sehingga meningkatkan increasing BRI Agro’s capital stock by Rp61,294.
modal saham BRI Agro sebesar Rp61.294.
34
Page 1009
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Pada tanggal 2 Mei 2017, BRI Agro On May 2, 2017, BRI Agro submitted
menyampaikan Pernyataan Pendaftaran Registration Statement of Limited Public Offering
Penawaran Umum Terbatas VII (“PUT VII”) VII (“PUT VII”) to the Board of Commissioners of
kepada Dewan Komisioner OJK. Hasil dari PUT OJK. As a result of PUT VII, BRI Agro’s Articles
VII menyebabkan Anggaran Dasar BRI Agro of Association was amended as stated in Notarial
mengalami perubahan sebagaimana dituangkan Deed of Decision Meeting Statement No. 19
dalam Akta Pernyataan Keputusan Rapat No. 19 dated July 21, 2017, of Notary M. Nova Faisal,
tanggal 21 Juli 2017, Notaris M. Nova Faisal, S.H., M.Kn., regarding the increase in issued and
S.H., M.Kn., mengenai peningkatan modal fully paid capital, therefore the ownership of BRI
ditempatkan dan disetor penuh sehingga in BRI Agro to be at 87.16%, Dapenbun’s to be
kepemilikan saham BRI di BRI Agro sebesar at 6.44% and the public’s to be at 6.39%. This
87,16%, Dapenbun 6,44% dan publik 6,39%. amendment was accepted and recorded in the
Perubahan ini telah diterima dan dicatat di dalam Legal Entity Administration System by the
Sistem Administrasi Badan Hukum oleh Menteri Minister of Law and Human Rights of the
Hukum dan Hak Asasi Manusia Republik Republic of Indonesia in its Acknowledgement
Indonesia dalam Surat Penerimaan Letter of PT Bank Rakyat Indonesia Agroniaga
Pemberitahuan Perubahan Anggaran Dasar Tbk Articles of Association Amendment Notice
PT Bank Rakyat Indonesia Agroniaga Tbk No. AHU-AH.01.03-0154825 dated July 21,
No. AHU-AH.01.03-0154825 tanggal 21 Juli 2017.
2017.
Pada Akta RUPS Luar Biasa PT Bank Rakyat In the Deed of the Extraordinary GMS of
Indonesia Agroniaga Tbk No. 51 tanggal PT Bank Rakyat Indonesia Agroniaga Tbk
26 Juni 2018 RUPS Luar Biasa telah No. 51 dated June 26, 2018 Extraordinary GMS
memberikan Persetujuan untuk Penambahan has given approval for Additional Capital without
Modal Tanpa Hak Memesan Efek Terlebih Preemptive Rights (PMTHMETD) as regulated in
Dahulu (PMTHMETD) sebagaimana diatur POJK No. 38/POJK.04/2014 dated December
dalam POJK No. 38/POJK.04/2014 tanggal 29, 2014 in the context of the Management and
29 Desember 2014 dalam rangka Program Employee Stock Options Plan (MESOP)
Management and Employee Stock Options Plan Program, a maximum of 350,000,000 shares with
(MESOP), sebanyak-banyaknya 350.000.000 a nominal value of Rp100 (full amount) per share
lembar saham dengan nominal Rp100 (nilai thereby increasing the number of its issued
penuh) per lembar saham sehingga capital stock by 249,376,451 shares.
meningkatkan jumlah modal sahamnya
sebanyak 249.376.451 lembar saham.
35
Page 1010
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Pada tanggal 16 Juli 2018, BRI Agro On July 16, 2018, BRI Agro submitted
menyampaikan Pernyataan Pendaftaran Registration Statement of Limited Public
Penawaran Umum Terbatas VIII (“PUT VIII”) Offering VIII (“PUT VIII”) to the Board of
kepada Dewan Komisioner OJK. Hasil dari PUT Commissioners of OJK. As a result of PUT VIII,
VIII menyebabkan Anggaran Dasar BRI Agro BRI Agro’s Articles of Association was amended
mengalami perubahan sebagaimana dituangkan as stated in Notarial Deed of Decision Meeting
dalam Akta Pernyataan Keputusan Rapat No. 01 Statement No. 1 dated October 2, 2018, of
tanggal 2 Oktober 2018, Notaris M. Nova Faisal, Notary M. Nova Faisal, S.H., M.Kn., regarding
S.H., M.Kn., mengenai peningkatan modal the increase in issued and fully paid capital.
ditempatkan dan disetor penuh sehingga Therefore the ownership of BRI in BRI Agro to
kepemilikan saham BRI di BRI Agro sebesar be at 87.10%, Dapenbun to be at 5.00% and the
87,10%, Dapenbun 5,00% dan publik 7,90%. public to be at 7.90%. This amendment was
Perubahan ini telah diterima dan dicatat di dalam accepted and recorded in the Legal Entity
Sistem Administrasi Badan Hukum oleh Menteri Administration System by the Minister of Law
Hukum dan Hak Asasi Manusia Republik and Human Rights of the Republic of Indonesia
Indonesia dalam Surat Penerimaan in its Acknowledgement Letter of PT Bank
Pemberitahuan Perubahan Anggaran Dasar PT Rakyat Indonesia Agroniaga Tbk Articles of
Bank Rakyat Indonesia Agroniaga Tbk No. AHU- Association Amendment Notice No. AHU-
AH.01.03-0249178 tanggal 4 Oktober 2018. AH.01.03-0249178 dated October 4, 2018.
Hasil dari MESOP tahun 2021 dengan Periode As a result of MESOP 2021 that started since 30
Pelaksanaan yang terhitung 30 Hari Bursa sejak trading days from August 1 to September 14,
tanggal 1 Agustus sampai dengan 2021, Articles of Association of BRI Agro was
14 September 2021 menyebabkan Anggaran amended as stated in Notarial Deed No. 26 dated
Dasar BRI Agro mengalami perubahan September 27, 2021 of Notary M. Nova Faisal
sebagaimana dituangkan dalam Akta S.H., M.Kn., regarding the increase in issued and
Pernyataan Keputusan Rapat No. 26 tanggal fully paid capital, therefore the ownership of BRI
27 September 2021 dibuat oleh Notaris M. Nova in BRI Agro to be at 85.70% and the public’s to
Faisal S.H., M.Kn., mengenai peningkatan 14.30%.
modal ditempatkan dan disetor penuh sehingga
kepemilikan saham BRI di BRI Agro sebesar
85,70% dan publik 14,30%.
Perubahan ini telah diberitahukan kepada This amendment was accepted and recorded in
Menteri Hukum dan Hak Asasi Manusia the Legal Entity Administration System by the
Republik Indonesia sebagaimana tercantum Minister of Law and Human Rights of the
dalam Surat Penerimaan Pemberitahuan Republic of Indonesia in its Acknowledgement
Perubahan Anggaran Dasar PT Bank Rakyat Letter of PT Bank Rakyat Indonesia Agroniaga
Indonesia Agroniaga Tbk No. AHU-AH.01.03- Tbk Articles of Association Amendment
0453530 tanggal 27 September 2021. Notice No. AHU-AH.01.03-0453530 date
September 27, 2021.
36
Page 1011
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Berdasarkan Akta Pernyataan Keputusan Rapat Based on the Deed of Meeting Decision
No. 24 tanggal 27 September 2021, Notaris M. Statement No. 24 dated September 27, 2021,
Nova Faisal S.H., M.Kn., dilakukan perubahan Notary M. Nova Faisal S.H., M.Kn., the name
nama dari PT Bank Rakyat Indonesia Agroniaga was changed from PT Bank Rakyat Indonesia
Tbk menjadi PT Bank Raya Indonesia Tbk Agroniaga Tbk to PT Bank Raya Indonesia Tbk
(“Bank Raya”) yang telah memperoleh (“Bank Raya”) which has obtained approval from
persetujuan dari Menteri Hukum dan Hak Asasi the Minister of Law and Human Rights of the
Manusia Republik Indonesia sesuai dengan Republic of Indonesia in accordance with Letter
Surat No. AHU0052731.AH.01.02 tahun 2021, No. AHU0052731.AH.01.02 Year 2021, dated
tanggal 27 September 2021 dan telah September 27, 2021 and has received approval
mendapatkan persetujuan dari Otoritas Jasa from the Financial Services Authority through
Keuangan melalui Surat Keputusan No. Kep- Decree No. Kep-65/PB.1/2021 concerning
65/PB.1/2021 tentang Penetapan Penggunaan Determination of the Use of a Business License
Izin Usaha Atas Nama PT Bank Rakyat in the Name of PT Bank Rakyat Indonesia
Indonesia Agroniaga Tbk menjadi Izin Usaha Agroniaga Tbk to become a Business License in
Atas Nama PT Bank Raya Indonesia Tbk pada the Name of PT Bank Raya Indonesia Tbk on
tanggal 1 November 2021. Adapun struktur November 1, 2021. The capital structure and
permodalan dan susunan pemegang saham composition of the Company's shareholders are
Perseroan diterbitkan berdasarkan Akta No. 22 issued based on Deed No. 22 dated
tanggal 17 Desember 2021. Pada Akta Risalah December 17, 2021. In the Deed of the
RUPS Luar Biasa PT Bank Raya Indonesia Tbk Extraordinary GMS of PT Bank Raya Indonesia
No. 23 tanggal 27 September 2021 yang dibuat Tbk No. 23 dated September 27, 2021 of Notary
oleh Notaris M. Nova Faisal, S.H., M.Kn., RUPS M. Nova Faisal, S.H., M.Kn., Extraordinary GMS
Luar Biasa telah memberikan Persetujuan untuk has given approval for the issuance of new
Penerbitan Saham Baru melalui Penambahan shares through Additional Capital with
Modal dengan Hak Memesan Efek Terlebih Preemptive Rights ("PMHMETD") to
Dahulu (“PMHMETD”) kepada para Pemegang shareholders which will be carried out through
Saham yang akan dilakukan melalui mekanisme mechanism of Limited Public Offering IX
Penawaran Umum Terbatas IX (“PUT IX”). (“PUT IX”).
Pada tanggal 30 September 2021 melalui surat On September 30 ,2021 through letter
No. B.562/DIR.01/SKP/09/2021, Bank Raya No. B.562/DIR.01/SKP/09/2021, Bank Raya
menyampaikan Pernyataan Pendaftaran submitted Registration Statement for a Limited
Penawaran Umum Terbatas dalam rangka Public Offering in connection with the
PMHMETD IX kepada Dewan Komisioner OJK PMHMETD IX to the Board of Commissioners
sebanyak-banyaknya 2.150.000.000 lembar of OJK with of 2,150,000,000 common shares
saham biasa dengan nilai nominal Rp100 at most with nominal value of Rp100 (full
(nilai penuh) per lembar saham. Pada tanggal amount) per share. On November 18, 2021, the
18 November 2021, Dewan Komisioner OJK Board of Commissioners of OJK through its
melalui surat No. S-207/D.04/2021 letter No. S-207/D.04/2021 notified that its
memberitahukan mengenai Efektifnya Registration Statement of Limited Public
Pernyataan Pendaftaran sehingga Offering has become effective, thus increasing
meningkatkan jumlah modal sahamnya the number of its issued capital stock
sebanyak 1.054.545.185 lembar saham. 1,054,545,185 shares.
37
Page 1012
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Hasil dari PMHMETD IX menyebabkan As a result of PMHMETD IX, Bank Raya's
Anggaran Dasar Bank Raya mengalami Articles of Association was amended as stated
perubahan sebagaimana dituangkan dalam in Notarial Deed of Decision Meeting Statement
Akta Pernyataan Keputusan Rapat No. 22 No. 22 dated December 17, 2021, of Notary M.
tanggal 17 Desember 2021, Notaris M. Nova Nova Faisal, S.H., M.Kn., regarding the
Faisal, S.H., M.Kn., mengenai peningkatan increase in issued and fully paid capital,
modal ditempatkan dan disetor penuh, therefore the ownership of BRI in Bank Raya is
sehingga kepemilikan saham BRI di Bank Raya 85.72% and the public is 14.28%. This
sebesar 85,72% dan publik 14,28%. Perubahan amendment was accepted and recorded in the
ini telah diterima dan dicatat di dalam Sistem Legal Entity Administration System by the
Administrasi Badan Hukum oleh Menteri Minister of Law and Human Rights of the
Hukum dan Hak Asasi Manusia Republik Republic of Indonesia in its Acknowledgement
Indonesia dalam Surat Penerimaan Letter of PT Bank Raya Indonesia Tbk Articles
Pemberitahuan Perubahan Anggaran Dasar of Association Amendment Notice No. AHU-
PT Bank Raya Indonesia Tbk No. AHU- AH.01.03-0487031 dated December 17, 2021.
AH.01.03-0487031 tanggal 17 Desember 2021.
Berdasarkan Akta Pernyataan Keputusan Based on the Deed of Meeting Decision
Rapat No. 48 tanggal 30 September 2022, Statement No. 48 dated September 30 ,2022,
Notaris M. Nova Faisal S.H., M.Kn., dilakukan Notary M. Nova Faisal S.H., M.Kn., changes
perubahan Anggaran Dasar PT Bank Raya were made to the Articles of Association of
Indonesia Tbk tentang perubahan alamat PT Bank Raya Indonesia Tbk regarding
kantor pusat Bank Raya dan perubahan changes to the address of Bank Raya's head
Pasal 3 Anggaran Dasar Bank Raya guna office and changes to Article 3 of Bank Raya's
menyesuaikan dengan Klasifikasi Baku Articles of Association to conform to the 2020
Lapangan Usaha Indonesia (KLBI 2020) yang Indonesian Standard Industrial Clasification
telah memperoleh persetujuan dari Menteri (KLBI 2020) which has obtained approval from
Hukum dan Hak Asasi Manusia Republik the Minister of Law and Human Rights of the
Indonesia sesuai dengan Surat Republic of Indonesia in accordance with Letter
No. AHU-0070827.AH.01.02 Tahun 2022, No. AHU-0070827.AH.01.02 Year 2022,
tanggal 30 September 2022. September 30,2022.
Pada tanggal 5 Oktober 2022 melalui surat On October 5, 2022 through letter
No. B.681/DIR.03/CSC/10/2022, Bank Raya No. B.681/DIR.03/CSC/10/2022, Bank Raya
menyampaikan Pernyataan Pendaftaran submitted Registration Statement for a Limited
Penawaran Umum Terbatas dalam rangka Public Offering in connection with the
PMHMETD X kepada Dewan Komisioner OJK PMHMETD X to the Board of Commissioners of
sebanyak-banyaknya 2.320.000.000 lembar OJK with of 2,320,000,000 common shares at
saham biasa dengan nilai nominal Rp100 most with nominal value of Rp100 (full amount)
(nilai penuh) per lembar saham. Pada tanggal per share. On November 30, 2022, the Board of
30 November 2022, Dewan Komisioner OJK Commissioners of OJK through its letter
melalui surat No. S-250/D.04/2022 No. S-250/D.04/2022 notified that its
memberitahukan mengenai Efektifnya Registration Statement of Limited Public
Pernyataan Pendaftaran sehingga Offering has become effective, thus increasing
meningkatkan jumlah modal sahamnya the number of its issued capital stock
sebanyak 1.993.201.832 lembar saham. 1,993,201,832 shares.
38
Page 1013
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Hasil dari PMHMETD X menyebabkan The results of PMHMETD X caused Bank
Anggaran Dasar Bank Raya mengalami Raya's Articles of Association was amended as
perubahan sebagaimana dituangkan dalam stated in Notarial Deed of Decision Meeting
Akta Pernyataan Keputusan Rapat No. 41 Statement No. 41 dated December 26, 2022, of
tanggal 26 Desember 2022, Notaris M. Nova Notary M. Nova Faisal, S.H., M.Kn., regarding
Faisal, S.H., M.Kn., mengenai peningkatan the increase in issued and fully paid capital in
modal ditempatkan dan disetor penuh dalam article 4 paragraph (2) of Bank Raya's Articles of
pasal 4 ayat (2) Anggaran Dasar Bank Raya Association changed to 24,740,107,814 shares
berubah menjadi sebanyak 24.740.107.814 so that BRI's share ownership in Bank Raya
lembar saham sehingga kepemilikan saham BRI increased to 86.85% and the public's
di Bank Raya meningkat menjadi 86,85% dan 13.15%.This amendment was accepted and
publik 13,15%. Perubahan ini telah diterima dan recorded in the Legal Entity Administration
dicatat di dalam Sistem Administrasi Badan System by the Ministry of Law and Human
Hukum oleh Menteri Hukum dan Hak Asasi Rights of the Republic of Indonesia in its
Manusia Republik Indonesia dalam Surat Acknowledgement Letter of PT Bank Raya
Penerimaan Pemberitahuan Perubahan Indonesia Tbk Articles of Association
Anggaran Dasar PT Bank Raya Indonesia Tbk Amendment Notice No. AHU-AH.01.03-
No. AHU-AH.01.03-0410365 tanggal 0410365 dated December 26, 2022.
26 Desember 2022.
Pada Akta RUPS Luar Biasa PT Bank Rakyat In the Deed of Extraordinary GMS of PT Bank
Indonesia Agroniaga Tbk No. 51 tanggal 26 Juni Rakyat Indonesia Agroniaga Tbk No. 51 dated
2018, persetujuan telah diberikan untuk June 26, 2018, approval was given for Capital
Penambahan Modal Tanpa Hak Memesan Efek Increase Without Pre-emptive Rights
Terlebih Dahulu (PMTHMETD) sebagaimana (PMTHMETD) as regulated in POJK NO.
diatur dalam POJK NO. 38/POJK.04/2014 38/POJK.04/2014 dated December 29, 2014 in
tanggal 29 Desember 2014 dalam rangka the framework of the Management and
Program Management and Employee Stock Employee Stock Options Plan (MESOP)
Options Plan (MESOP), sebanyak-banyaknya Program, a maximum of 350,000,000 (three
350.000.000 (tiga ratus lima puluh juta) lembar hundred and fifty million) shares with a nominal
saham dengan nominal Rp100 (Rupiah penuh) value of Rp100 (full Rupiah) per share.
per lembar saham.
Berdasarkan Akta Pernyataan Keputusan Rapat Based on Deed of PT Bank Raya Indonesia Tbk
PT Bank Raya Indonesia Tbk No. 14 tanggal Meeting Decision Statement No. 14 dated
23 Mei 2023, RUPS telah memberikan May 23, 2023, GMS Acknowledgement has
persetujuan untuk PMTHMETD sebagaimana given approval for PMTHMETD as regulated in
diatur dalam POJK No. 38/POJK.04/2014 POJK No. 38/POJK.04/2014 dated
tanggal 29 Desember 2014 dalam rangka December 29, 2014 in the framework of the
program Management and Employee Stock Management and Employee Stock Options Plan
Options Plan (MESOP), sebanyak-banyaknya (MESOP) program, a maximum of 350,000,000
350.000.000 lembar saham dengan nominal shares with a nominal value of Rp100 (full
Rp100 (nilai penuh) per lembar saham. amount) per share.
39
Page 1014
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Perubahan ini telah diterima dan dicatat di dalam This change has been received and recorded in
Sistem Administrasi Badan Hukum oleh Menteri the Legal Entity Administration System by the
Hukum dan Hak Asasi Manusia Republik Ministry of Law and Human Rights of the
Indonesia dalam Surat Penerimaan Republic of Indonesia in the Letter of Acceptance
Pemberitahuan Perubahan Anggaran Dasar PT of Notice of Changes to the Articles of
Bank Raya Indonesia Tbk No. AHU-AH.01.03- Association of PT Bank Raya Indonesia Tbk No.
0066677 tanggal 23 Mei 2023. Atas PMTHMETD AHU-AH.01.03-0066677 dated May 23, 2023.
untuk program MESOP, jumlah modal For PMTHMETD for the MESOP program, the
ditempatkan dan disetor dalam pasal 4 ayat (2) total issued and paid-up capital in article 4
Anggaran Dasar Bank Raya berubah menjadi paragraph (2) of Bank Raya's Articles of
sebanyak 24.740.494.294 lembar saham Association changed to 24,740,494,294 shares
sehingga kepemilikan saham BRI di Bank Raya so that BRI's share ownership in Bank Raya is
sebesar 86,85% dan publik 13,15%. 86.85% and public's 13.15%.
Perubahan Anggaran Dasar Bank Raya The amendment to Bank Raya's Articles of
berdasarkan Akta Pernyataan Keputusan Rapat Association is based on the Deed of PT Bank
No. 13 tanggal 8 Mei 2024, Notaris M. Nova Raya Indonesia Tbk Meeting Decision Statement
Faisal, S.H., M.Kn., mengenai penyesuaian No. 13 dated May 8, 2024, of Notary M. Nova
beberapa pasal dalam Anggaran Dasar Faisal, S.H., M.Kn., regarding adjustments to
Perseroan yang relevan dengan kegiatan several articles in Bank Raya's Articles of
Perseroan. Perubahan ini telah disetujui oleh Association that are relevant to the Company
Menteri Hukum dan Hak Asasi Manusia activities.These changes had been approved by
Republik Indonesia dan terdaftar pada the Minister of Law and Human Rights of the
Keputusan Menteri Hukum dan Hak Asasi Republic of Indonesia and are registered in the
Manusia Republik Indonesia Nomor Decree of the Minister of Law and Human Rights
AHU-0090893.AH.01.11 Tahun 2024 tanggal of the Republic of Indonesia No. AHU-
13 Mei 2024. 0090893.AH.01.11 Year 2024, dated May 13,
2024.
Perubahan Anggaran Dasar telah mengalami The Articles of Association have undergone
beberapa perubahan. Perubahan terakhir several changes. The latest amendment to Bank
berdasarkan Akta Pernyataan Keputusan Rapat Raya's Articles of Association is based on the
No. 18 tanggal 17 Juli 2025, Notaris M. Nova Deed of PT Bank Raya Indonesia Tbk Meeting
Faisal, S.H., M.Kn., mengenai penyesuaian Decision Statement No. 18 dated July 17, 2025,
beberapa pasal dalam Anggaran Dasar of Notary M. Nova Faisal, S.H., M.Kn., regarding
Perseroan yang relevan dengan kegiatan adjustments to several articles in Bank Raya's
Perseroan. Perubahan ini telah disetujui oleh Articles of Association that are relevant to the
Menteri Hukum Republik Indonesia dan terdaftar Company activities.These changes had been
pada Keputusan Menteri Hukum dan Hak Asasi approved by the Minister of Law of the Republic
Manusia Republik Indonesia Nomor of Indonesia and are registered in the Decree of
AHU-0161812.AH.01.11 Tahun 2025 tanggal the Minister of Law and Human Rights of the
17 Juli 2025. Republic of Indonesia No. AHU-
0161812.AH.01.11 Year 2025, dated July 17,
2025.
40
Page 1015
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Bank Raya Indonesia Tbk (Bank Raya) PT Bank Raya Indonesia Tbk (Bank Raya)
(lanjutan) (continued)
Sesuai dengan pasal 3 Anggaran Dasar, ruang According to Article 3 of its Articles of
lingkup kegiatan Bank Raya adalah Association, Bank Raya’s scope of business is to
menjalankan kegiatan umum di bidang conduct commercial banking activities. Bank
perbankan. Bank Raya berdasarkan Surat Bank Raya has obtained its license as a commercial
Indonesia No. 22/1037/UUps/Ps6D tanggal bank based on Bank Indonesia Letter
26 Desember 1989, telah mendapat izin usaha No. 22/1037/UUps/Ps6D dated December 26,
sebagai Bank Umum. 1989, has obtained a business license as
a Commercial Bank.
Kantor pusat Bank Raya berlokasi di Menara Bank Raya's head office is located in BRILiaN
BRILiaN, Jl. Gatot Subroto No. 177A, Jakarta, Tower, Jl. Gatot Subroto No. 177A, Jakarta, and
dan memiliki 19 kantor cabang, 4 kantor cabang the entity has 19 branch offices, 4 sub-branch
pembantu dan 2 kantor kas. offices and 2 cash offices.
BRI Global Financial Services Co. Ltd. Hong BRI Global Financial Services Co. Ltd. Hong
Kong Kong
Pada tanggal 16 Desember 2011, BRI telah On December 16, 2011, BRI signed the
menandatangani Instrument of Transfer dan ‘Instrument of Transfer’ and the ‘Bought and
Bought and Sold Notes untuk mengakuisisi Sold Notes’ to acquire 100% or 1,600,000 of
100% atau 1.600.000 lembar saham BRIngin BRIngin Remittance Co. Ltd (BRC) Hong Kong’s
Remittance Co. Ltd. (BRC) Hong Kong dengan shares at a purchase price of HKD1,911,270 (full
harga pembelian sebesar HKD1.911.270 amount). This acquisition was legalized by the
(nilai penuh). Akuisisi ini telah disahkan oleh Hong Kong Inland Revenue Department (IRD)
Inland Revenue Department (IRD) Hong Kong with stamp duty dated December 28, 2011 and
dengan stamp duty pada tanggal approved by Bank Indonesia in its letter
28 Desember 2011 dan telah mendapat No. 13/32/DPB1/TPB1-3/Rahasia dated
persetujuan dari Bank Indonesia melalui surat December 1, 2011.
No. 13/32/DPB1/TPB1-3/Rahasia pada tanggal
1 Desember 2011.
Berdasarkan Keputusan Rapat Umum Tahunan According to the Annual General Meeting of
BRIngin Remittance Company Limited tanggal 2 BRIngin Remittance Company Limited dated
Juli 2012, serta dengan diterbitkannya July 2, 2012, and the issuance of a Certificate of
Certificate of Change Name No. 961091 tanggal Change of Name No. 961091 dated
11 Oktober 2012 oleh Registrar of Companies October 11, 2012 by the Registrar of Companies
Hong Kong Special Administrative Region, Hong Kong Special Administrative Region, the
maka nama BRIngin Remittance Company name of BRIngin Remittance Company Limited
Limited secara resmi berubah menjadi BRI was officially changed to BRI Remittance
Remittance Company Limited Hong Kong. Company Limited Hong Kong.
Berdasarkan Keputusan RUPS BRIngin Based on the decision of the BRIngin Remittance
Remittance Company Limited tanggal Company Limited General Meeting of
14 November 2019, serta dengan diterbitkannya Shareholers dated 14 November 2019, as well
Certificate of Change of Name No. 961091 as the issuance of Certificate of Change of Name
tanggal 31 Oktober 2023 oleh Registrar of No. 961091 dated 31 October 2023 by the
Companies Hong Kong Special Administrative Registrar of Companies Hong Kong Special
Region, maka nama BRI Remittance Company Administrative Region, the name BRI Remittance
Limited Hong Kong secara resmi berubah Company Limited Hong Kong officially changed
menjadi BRI Global Financial Services to BRI Global Financial Services Company
Company Limited Hong Kong (BRI Global Limited Hong Kong (BRI Global Financial
Financial Services). Services).
41
Page 1016
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
BRI Global Financial Services Co. Ltd. Hong BRI Global Financial Services Co. Ltd. Hong
Kong (lanjutan) Kong (continued)
Sesuai dengan izin usaha resmi dari Regulator In accordance with the official business license
Hong Kong sebagai Money Service Operator from the Hong Kong Regulator as a Money
(MSO) dan Money Lender Business, maka Service Operator (MSO) and Money Lender
ruang lingkup kegiatan BRI Global Financial Business, BRI Global Financial Services scope
Services adalah menjalankan layanan of business is to conduct remittance services,
remitansi, money exchange, dan financing (baik money exchange, and financing for Indonesian
untuk perusahaan maupun perorangan, dalam migrant workers and other operational services
hal ini pekerja migran Indonesia) serta lingkup related to BRI’s accounts owned by BRI
layanan operasional lain terkait dengan BRI customers domiciled in Hong Kong in
Group yang dimiliki oleh nasabah BRI Group accordance with stipulations permitted by Hong
yang berdomisili di Hong Kong sesuai dengan Kong authorities.
ketentuan yang diperkenankan oleh otoritas
Hong Kong.
BRI Global Financial Services Local BRI Global Financial Services’s Local
Management Office (LMO)/Kantor pusat Management Office (LMO) / head office is
berlokasi di RM1202, 12/F, Park Avenue Tower, located in RM1202, 12/F, Park Avenue Tower,
No 5 Moreton Terrace, Causeway Bay, Hong No. 5 Moreton Terrace, Causeway Bay, Hong
Kong dan memiliki 4 (empat) kantor cabang Kong, and the entity has 4 (four) branch offices
yang tersebar di wilayah Causeway Bay, which are spread across the region of
Mongkok, Yuen Long dan Tsuen Wan. Causeway Bay, Mongkok, Yuen Long and
Tsuen Wan.
PT Asuransi BRI Life (BRI Life) PT Asuransi BRI Life (BRI Life)
Pada tanggal 6 Oktober 2015, BRI telah On October 6, 2015, BRI signed a Sale and
menandatangani Perjanjian Pengikatan Jual Purchase of Shares Agreement with the
Beli Saham Bersyarat (“PPJB”) dengan shareholders of PT Asuransi Jiwa Bringin Jiwa
pemegang saham PT Asuransi Jiwa Bringin Sejahtera ("BRI Life") to acquire 91.001% shares
Jiwa Sejahtera (“BRI Life”) untuk mengakuisisi of BRI Life at a purchase price of Rp1,626,643.
91,001% saham BRI Life dengan harga Based on BRI’s Extraordinary General Meeting
pembelian sebesar Rp1.626.643. Berdasarkan of Shareholders in accordance with Deed No. 14
RUPS Luar Biasa BRI sesuai dengan akta dated December 14, 2015 of Notary Fathiah
No. 14 tanggal 14 Desember 2015 Notaris Helmi, S.H., the shareholders have approved the
Fathiah Helmi, S.H., para pemegang saham acquisition of BRI Life and has also received
telah menyetujui akuisisi terhadap BRI Life approval from Financial Services Authority (OJK)
tersebut dan juga telah mendapat persetujuan through its letter No. S-151/PB.31/2015 dated
dari OJK melalui surat No. S-151/PB.31/2015 December 23, 2015. The acquisition was
tanggal 23 Desember 2015. Akuisisi ini completed on December 29, 2015 based on
diselesaikan pada tanggal 29 Desember 2015 Acquisition of PT Asuransi Jiwa Bringin Jiwa
berdasarkan akta Pengambilalihan Saham Sejahtera Shares Deed No. 41 of Notary Fathiah
dalam PT Asuransi Jiwa Bringin Jiwa Sejahtera Helmi, S.H., where BRI has 91.001% of BRI Life
No. 41 Notaris Fathiah Helmi, S.H., dimana BRI issued shares and 8.999% of it was granted to
memiliki 91,001% dari total saham yang the Yayasan Kesejahteraan Pekerja BRI.
dikeluarkan BRI Life dan sebesar 8,999%
diserahkan kepada Yayasan Kesejahteraan
Pekerja BRI.
42
Page 1017
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Asuransi BRI Life (BRI Life) (lanjutan) PT Asuransi BRI Life (BRI Life) (continued)
Berdasarkan Akta No. 31 tanggal 23 Februari Based on Notarial Deed No. 31 dated February
2017, yang dibuat di hadapan Dahlia, S.H., 23, 2017, of Notary Dahlia, S.H., surrogate of
notaris pengganti dari Notaris Fathiah Helmi, Fathiah Helmi, S.H., a notary in Jakarta, the
S.H., di Jakarta, dilakukan perubahan nama dari name of PT Asuransi Jiwa Bringin Jiwa Sejahtera
PT Asuransi Jiwa Bringin Jiwa Sejahtera was changed into PT Asuransi BRI Life and
menjadi PT Asuransi BRI Life dan sesuai according to the Decision of the Board of
Keputusan Dewan Komisioner OJK No.KEP- Commissioners of OJK No. KEP-
140/NB.11/2017 tanggal 20 Maret 2017, BRI Life 140/NB.11/2017 dated March 20, 2017, BRI Life
memperoleh pemberlakuan izin usaha di bidang obtained the business license in life insurance in
asuransi jiwa sehubungan perubahan nama relation to the change of company name.
perusahaan.
Berdasarkan Akta No. 8 tanggal 2 Maret 2021, Based on Deed No. 8 dated March 2, 2021, of
yang dibuat di hadapan Notaris Jose Dima Jose Dima Satria, S.H., M.Kn., Notary in Jakarta
Satria, S.H., M.Kn., di Jakarta yang telah has received approval from the Ministry of Law
mendapat persetujuan dari Menteri Hukum dan and Human Rights of the Republic of Indonesia
Hak Asasi Manusia Republik Indonesia dalam in the Decree of the Minister of Law and Human
Surat Keputusan Menteri Hukum dan Hak Rights of the Republic of Indonesia No. AHU-
Asasi Manusia Republik Indonesia 0013073.AH.01.02 Year 2021 dated March 2,
No. AHU-0013073.AH.01.02 Tahun 2021 2021, which is regulated regarding the changes
tanggal 2 Maret 2021, diatur mengenai in nomenclature, composition of the
perubahan nomenklatur, susunan Pengurus, Management, and changes of the Articles of
dan perubahan Anggaran Dasar yang salah Association, one of which is related to an
satunya terkait dengan adanya peningkatan increase in capital and changes in the ownership
modal dan perubahan struktur kepemilikan BRI structure of BRI Life through the issuance of
Life melalui penerbitan sebanyak 936.458 936,458 new shares to be subscribed by FWD
lembar saham baru untuk diambil bagian oleh Financial Services Pte. Ltd.
FWD Financial Services Pte. Ltd.
Sebagai akibat dari penerbitan saham baru As a result of the new share issuance, as of
tersebut, maka terhitung sejak tanggal March 2, 2021, the composition of BRI Life's
2 Maret 2021 susunan kepemilikan saham BRI share ownership become: BRI 63.83%, BRI
Life menjadi BRI 63,83%, Yayasan Employee Welfare Foundation 6.31%, and FWD
Kesejahteraan Pekerja BRI 6,31%, dan FWD Financial Services Pte. Ltd. 29.86%. The
Financial Services Pte. Ltd 29,86%. Adapun change in ownership structure was previously
Perubahan struktur kepemilikan ini sebelumnya approved by OJK through its letter
telah mendapat persetujuan dari OJK melalui No. S-12/NB.1/2021 dated February 4, 2021.
surat No. S-12/NB.1/2021 tanggal 4 Februari
2021.
43
Page 1018
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Asuransi BRI Life (BRI Life) (lanjutan) PT Asuransi BRI Life (BRI Life) (continued)
Berdasarkan Akta No. 59 tanggal 13 Oktober Based on Notarial Deed No. 59 dated October
2021 tentang Pernyataan Keputusan Pemegang 13, 2021, regarding the Decision Meeting
Saham PT Asuransi BRI Life Perubahan Statement of PT Asuransi BRI Life. The
tersebut telah diterima dan dicatat di dalam amendment has obtained approval and notice of
Sistem Administrasi Badan Hukum oleh Menteri acceptance in the Legal Entity Administration
Hukum dan Hak Asasi Manusia Republik System in accordance with the Minister of Law
Indonesia dalam Surat Penerimaan and Human Rights of the Republic of Indonesia’s
Pemberitahuan Perubahan Data Perseroan Letters No. AHU.AH.01.03-0460422 dated
PT Asuransi BRI Life No. AHU.AH.01.03- October 13, 2021, BRI Life Shareholders
0460422 tanggal 13 Oktober 2021, Pemegang approved the Transfer of Shares of FWD
Saham BRI Life menyetujui Pengalihan Saham Financial Services Pte. Ltd. to FWD
FWD Financial Services Pte. Ltd. kepada FWD Management Holding Limited. Thus, starting
Management Holdings Limited. Dengan from October 13, 2021, BRI Life's shareholders
demikian, terhitung sejak tanggal 13 Oktober composition becomes: BRI 63.83%, BRI
2021 susunan kepemilikan saham BRI Life Employee Welfare Foundation 6.31%, and FWD
menjadi: BRI 63,83%, Yayasan Kesejahteraan Management Holding Limited 29.86%. The
Pekerja BRI 6,31%, dan FWD Management change in ownership structure has previously
Holding Limited 29,86%. Adapun perubahan been approved by Non-Bank Financial Industry
struktur kepemilikan ini sebelumnya telah of Financial Services Authority (OJK IKNB)
mendapat persetujuan dari OJK IKNB melalui through its letter No. S.93/NB.1/2021 dated
Surat No S.93/NB.1/2021 tanggal September 29, 2021, regarding approval the
29 September 2021 tentang Persetujuan Atas change of BRI Life ownership.
Perubahan Kepemilikan BRI Life.
Berdasarkan Akta No. 11 tanggal 2 Maret 2023 Based on Notarial Deed No. 11 dated March 2,
tentang Pernyataan Keputusan Pemegang 2023 regarding the Decision Meeting Statement
Saham PT Asuransi BRI Life yang telah diterima of PT Asuransi BRI Life. The amendment has
dan dicatat di dalam Sistem Administrasi Badan obtained approval and notice of acceptance in
Hukum oleh Menteri Hukum dan Hak Asasi the Legal Entity Administration System in
Manusia Republik Indonesia dalam Surat accordance with the Minister of Law and Human
Penerimaan Pemberitahuan Perubahan Data Rights of the Republic of Indonesia’s Letters
Perseroan PT Asuransi BRI Life No. AHU.AH.01.03-0033868 dated March 2,
No. AHU.AH.01.03-0033868 tanggal 2 Maret 2023, the Shareholders of BRI Life decided and
2023, Pemegang Saham BRI Life memutuskan agreed to increase the issued and paid-up capital
dan menyetujui peningkatan modal ditempatkan from Rp339,200 to Rp365,559, by issuing new
dan disetor dari Rp339.200 menjadi Rp365.559, shares of 263,580 shares or in the nominal value
dengan mengeluarkan saham baru sebanyak of Rp26,359 which was taken entirely by FWD
263.580 lembar saham atau dalam nilai nominal Management Holdings Limited. Thus, as of
yaitu sebesar Rp26.359 yang diambil March 2, 2023, the composition of BRI Life's
seluruhnya oleh FWD Management Holdings shareholdings become: BRI 54.77%, BRI
Limited. Dengan demikian, terhitung sejak Employee Welfare Foundation 5.42%, and FWD
tanggal 2 Maret 2023 susunan kepemilikan Management Holdings Limited 39.82%. The
saham BRI Life menjadi BRI 54,77%, Yayasan change in ownership structure has previously
Kesejahteraan Pekerja BRI 5,42% dan FWD approved by OJK IKNB through its letter No.
Management Holdings Limited 39,82%. Adapun S.315/NB.02/2023 dated February 26, 2023
perubahan struktur kepemilikan ini sebelumnya regarding approval the change of BRI Life
telah mendapat persetujuan dari OJK IKNB ownership.
melalui Surat No. S.315/NB.02/2023 tanggal 26
Februari 2023 tentang Persetujuan Atas
Perubahan Kepemilikan BRI Life.
44
Page 1019
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Asuransi BRI Life (BRI Life) (lanjutan) PT Asuransi BRI Life (BRI Life) (continued)
Struktur Kepemilikan BRI Life mengalami BRI Life's Ownership Structure was changed
perubahan berdasarkan Akta No. 1 tanggal based on Notarial Deed No. 1 dated March 1,
1 Maret 2024 tentang Pernyataan Keputusan 2024 regarding the Decision Meeting Statement
Pemegang Saham PT Asuransi BRI Life. of PT Asuransi BRI Life. The amendment has
Perubahan tersebut telah diterima dan dicatat di obtained approval and notice of acceptance in
dalam Sistem Administrasi Badan Hukum oleh the Legal Entity Administration System in
Menteri Hukum dan Hak Asasi Manusia accordance with the Ministry of Law and Human
Republik Indonesia dalam Surat Penerimaan Rights of the Republic of Indonesia’s Letters
Pemberitahuan Perubahan Anggaran Dasar No. AHU.AH.01.03-0051691 dated March 1,
PT Asuransi BRI Life No. AHU.AH.01.03- 2024, the Shareholders of BRI Life decided and
0051691 tanggal 1 Maret 2024, Pemegang agreed to increase the issued and paid-up capital
Saham BRI Life memutuskan dan menyetujui from Rp365,559 to Rp392,553, by issuing new
peningkatan modal ditempatkan dan disetor dari shares of 269,946 shares or in the nominal value
Rp365.559 menjadi Rp392.553, dengan of Rp26,994 which was taken entirely by FWD
mengeluarkan saham baru sebanyak 269.946 Management Holdings Limited.
lembar saham atau dalam nilai nominal yaitu
sebesar Rp26.994 yang diambil seluruhnya oleh
FWD Management Holdings Limited.
Dengan demikian, terhitung sejak tanggal Thus, as of March 1, 2024, the composition of
1 Maret 2024 susunan kepemilikan saham BRI BRI Life's shareholdings become: BRI 51.00%,
Life menjadi BRI 51,00%, Yayasan BRI Employee Welfare Foundation 5.04%, and
Kesejahteraan Pekerja BRI 5,04% dan FWD FWD Management Holdings Limited 43.96%.
Management Holdings Limited 43,96%. Adapun The change in ownership structure has
perubahan struktur kepemilikan ini sebelumnya previously approved by OJK IKNB through its
telah mendapat persetujuan dari OJK IKNB letter No. S-2/PD.02/2024 dated January 22,
melalui Surat No. S-2/PD.02/2024 tanggal 22 2024 regarding approval the change of BRI Life
Januari 2024 tentang Persetujuan Atas ownership.
Perubahan Kepemilikan PT Asuransi BRI Life.
Anggaran Dasar telah diubah berdasarkan Akta The Articles of Association has been amended
No. 25 tanggal 8 Juni 2023 tentang Pernyataan based on Deed No. 25 dated June 8, 2023
Keputusan Rapat Perubahan Anggaran Dasar concerning the Statement of Meeting
PT Asuransi BRI Life, yang dibuat di hadapan Resolutions on Amendments to the Articles of
notaris Jose Dima Satria, S.H., M.Kn. Association of PT Asuransi BRI Life, made
Perubahan Anggaran Dasar tersebut telah before notary Jose Dima Satria, S.H., M.Kn. The
diterima dan dicatat di dalam Sistem amendments to the Articles of Association have
Administrasi badan Hukum oleh Menteri Hukum been received and recorded in the Legal Entity
dan Hak Asasi manusia Republik Indonesia Administration System by the Ministry of Law and
dalam Surat Penerimaan Pemberitahuan Human Rights of the Republic of Indonesia in the
Perubahan Anggaran Dasar PT Asuransi BRI Letter of Acceptance of Notification of Changes
Life No. AHU-AH.01.03-9978922 tanggal to the Articles of Association of PT Asuransi BRI
16 Juni 2023 serta telah mendapat persetujuan Life No. AHU-AH.01.03-9978922 dated June 16,
Perubahan Anggaran Dasar berdasarkan 2023 and has received approval for the
Keputusan Menteri Hukum dan Hak Asasi Amendment to the Articles of Association based
Manusia Republik Indonesia No. AHU- on the Decree of the Ministry of Law and Human
0033982.AH.01.02. Tahun 2023 tanggal 16 Juni Rights of the Republic of Indonesia No. AHU-
2023. 0033982.AH.01.02. 2023 dated June 16, 2023.
45
Page 1020
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Asuransi BRI Life (BRI Life) (lanjutan) PT Asuransi BRI Life (BRI Life) (continued)
Anggaran Dasar BRI Life telah mengalami BRI Life's Articles of Association have undergone
beberapa kali perubahan dan perubahan several changes and the latest amendment to
Anggaran Dasar terakhir dituangkan dalam Akta the Articles of Association is stated in Deed
No. 96 tanggal 12 Desember 2024 tentang No. 96 dated December 12, 2024 concerning the
Pernyataan Keputusan Pemegang Saham Statement of Meeting Resolutions on
Perubahan Anggaran Dasar, yang dibuat di Amendments to the Articles of Association of
hadapan Notaris Jose Dima Satria, S.H., M.Kn. PT Asuransi BRI Life, made before notary Jose
Perubahan Anggaran Dasar tersebut telah Dima Satria, S.H., M.Kn. The amendments to the
diterima dan dicatat di dalam Sistem Articles of Association have been received and
Administrasi badan Hukum oleh Menteri Hukum recorded in the Legal Entity Administration
dan Hak Asasi manusia Republik Indonesia System by the Minister of Law and Human Rights
dalam Surat Penerimaan Pemberitahuan of the Republic of Indonesia in the Letter of
Perubahan Anggaran Dasar PT Asuransi BRI Acceptance of Notification of Changes to the
Life No. AHU-AH.01.03-0221584 tanggal Articles of Association of PT Asuransi BRI Life
13 Desember 2024. No. AHU-AH.01.03-0221584 dated
December 13, 2024.
Berdasarkan pasal 3 Anggaran Dasar BRI Life Based on the Article 3 of BRI Life’s latest Articles
yang terakhir, ruang lingkup kegiatan BRI Life of Association, the scope of BRI Life’s business
adalah melakukan usaha di bidang is to conduct business in the insurance sector in
perasuransian sesuai dengan ketentuan accordance with statutory provisions.
perundang-undangan.
BRI Life mulai beroperasi sejak tanggal BRI Life started its operation on January 1, 1989
1 Januari 1989 berdasarkan Surat Keputusan based on the Decision Letter of the Minister of
Menteri Keuangan Republik Indonesia Finance of the Republic of Indonesia
No. KEP-181/KMK.13/1988 tanggal 10 Oktober No. KEP-181/KMK.13/1988 dated October 10,
1988. 1988.
BRI Life mendapatkan izin pembukaan kantor BRI Life obtained its license to open its
cabang dan unit Syariah sesuai dengan branches and sharia-principled units based
Surat Keputusan Menteri Keuangan on the Minister of Finance Decision
No. KEP-007/KM.6/2003 tanggal 21 Januari Letter No. KEP-007/KM.6/2003 dated
2003. Januari 21, 2003.
Kantor pusat BRI Life berlokasi di Gedung BRI Life’s head office is located at Graha Irama
Graha Irama Lantai 15, Jl. H.R. Rasuna Said Building 15th floor, Jl. H.R. Rasuna Said
Blok X-1 Kav. 1 dan 2, Jakarta, dan memiliki Blok X-1 Kav. 1 and 2, Jakarta, and it has 26
26 kantor pelayanan. Customer Care offices.
46
Page 1021
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Multifinance Indonesia (BRI Finance) PT BRI Multifinance Indonesia (BRI Finance)
Pada tanggal 12 Juli 2016, BRI menandatangani On July 12, 2016, BRI signed a Conditional
Perjanjian Pengikatan Jual Beli Saham Shares Sale and Purchase Agreement (“PPJB”)
Bersyarat (“PPJB”) dengan The Bank of Tokyo- with The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Mitsubishi UFJ, Ltd (“BTMU”) dalam rangka (“BTMU”) to increase BRI’s share ownership in
peningkatan kepemilikan saham BRI pada PT BTMU-BRI Finance (“BBF”) from 45% to
PT BTMU-BRI Finance (“BBF”) dari semula 99%. The transaction was executed with
sebesar 45% menjadi 99%, dengan harga a purchase price of Rp378,548. The agreement
pembelian sebesar Rp378.548, dan telah has been approved by OJK through its letter
mendapatkan persetujuan dari OJK melalui No. S-102/PB.31/2016 dated September 21,
surat No. S-102/PB.31/2016 tanggal 2016. This transfer of shares was completed on
21 September 2016. Pengalihan saham ini September 30, 2016 as stated in Notarial Deed
diselesaikan pada tanggal 30 September 2016, No. 75, of Fathiah Helmi, S.H., where BRI owned
berdasarkan akta No. 75 Notaris Fathiah Helmi, 99% of the total shares issued by
S.H., dimana BRI memiliki 99% dari total saham PT BRI Multifinance Indonesia (“BRI Finance”)
yang dikeluarkan PT BRI Multifinance Indonesia and BRI’s Employee Welfare Foundation
(“BRI Finance”) dan sebesar 1% dimiliki oleh (Yayasan Kesejahteraan Pekerja BRI) owned
Yayasan Kesejahteraan Pekerja BRI. the remaining 1%.
Berdasarkan Akta Pernyataan Tentang Based on the Notarial Deed Statement of
Keputusan Di Luar Rapat Umum Pemegang Decision of the Annual General Meeting of
Saham No. 67 tanggal 15 September 2016, Shareholders No. 67, dated September 15,
yang dibuat di hadapan Notaris I Gede Buda 2016, made before I Gede Buda Gunamanta,
Gunamanta, S.H., Notaris di Jakarta, telah S.H., a notary in Jakarta, the name
dilakukan perubahan nama dari PT BTMU-BRI PT BTMU-BRI Finance was changed into
Finance menjadi PT BRI Multifinance Indonesia, PT BRI Multifinance Indonesia, and in
dan sesuai Keputusan Dewan Komisioner OJK accordance with Board of Commissioners of OJK
No. KEP-771/NB.11/2016 tanggal 17 Oktober Decision No. KEP-771/NB.11/2016 dated
2016, sehubungan dengan perubahan nama October 17, 2016, with regards to the change of
tersebut maka BRI Finance memperoleh name, BRI Finance obtained the business
pemberlakuan Izin usaha di bidang perusahaan license in financing industry for the Business
pembiayaan atas izin usaha yang sebelumnya License previously granted to PT Sanwa-BRI
telah diberikan kepada PT Sanwa-BRI Finance, Finance, which afterwards changed its name to
yang selanjutnya berubah nama menjadi PT UFJ-BRI Finance and PT BTMU-BRI
PT UFJ-BRI Finance dan PT BTMU-BRI Finance.
Finance.
47
Page 1022
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Multifinance Indonesia (BRI Finance) PT BRI Multifinance Indonesia (BRI Finance)
(lanjutan) (continued)
Anggaran Dasar BRI Finance telah mengalami BRI Finance’s Articles of Association has been
beberapa kali perubahan. Perubahan amended several times. The latest amendment
selanjutnya sebagaimana dituangkan dalam as set forth in the Deed of the Decision of the
Akta Pernyataan Keputusan Rapat PT BRI Meeting of PT BRI Multifinance Indonesia
Multifinance Indonesia No. 237 tanggal No. 237 dated April 23, 2019, made before I
23 April 2019, yang dibuat di hadapan Notaris I Gede Buda Gunamanta, S.H., a Notary
Gede Buda Gunamanta, S.H., berkedudukan di domiciled in South Jakarta, was approved by the
Jakarta Selatan, yang telah mendapat Ministry of Law and Human Rights in its Decision
persetujuan Menteri Hukum dan Hak Asasi Letter No. AHU-0023113.AH.01.02 Year 2019
Manusia berdasarkan Surat Keputusan dated April 29, 2019, and was received and
No. AHU-0023113.AH.01.02 Tahun 2019 recorded in the Legal Entity Administration
tanggal 29 April 2019, dan pemberitahuan System Ministry of Law and Human Rights in its
perubahannya telah diterima dan dicatat di Decision Letter No. AHU-AH.01.03-0223685
dalam Sistem Administrasi Badan Hukum dated April 29, 2019, and has been announced
Kementerian Hukum dan Hak Asasi Manusia in State Gazette of the Republic of Indonesia
berdasarkan Surat No. AHU-AH.01.03-0223685 No. 81 dated October 8, 2019, Additional State
tanggal 29 April 2019, dan telah diumumkan Gazette Number 35668/2019, regarding
dalam Berita Negara Republik Indonesia No. 81 changes in the location of BRI Finance from
tanggal 8 Oktober 2019, Tambahan Berita Central Jakarta to South Jakarta, the provisions
Negara No. 35668/2019, antara lain berkaitan in the Company's Articles of Association in order
dengan perubahan tempat kedudukan BRI to comply with the provisions of Law No. 40 of
Finance dari semula di Jakarta Pusat menjadi di 2007 concerning Limited Liability Companies,
Jakarta Selatan, perubahan ketentuan- Financial Services Authority Regulation
ketentuan dalam Anggaran Dasar Perseroan No. 35/POJK.05/2018 concerning the Operation
dalam rangka memenuhi ketentuan Undang- of a Financing Company Business, and the
Undang No. 40 Tahun 2007 tentang Perseroan follow up of the directives of the Controlling
Terbatas, Peraturan Otoritas Jasa Keuangan Shareholders for adjustments to the Company's
No. 35/POJK.05/2018 tentang Articles of Association in accordance with the
Penyelenggaraan Usaha Perusahaan provisions of the prevailing laws and regulations.
Pembiayaan, dan tindak lanjut atas arahan dari
Pemegang Saham Pengendali untuk
penyesuaian terhadap Anggaran Dasar
Perseroan sesuai dengan ketentuan peraturan
perundang-undangan yang berlaku.
Perubahan anggaran dasar sebagaimana The amendments to the articles of association
dituangkan dalam Akta No. 24 tanggal 16 Juni are stated in the Deed of Statement of
Tahun 2023 tentang Pernyataan Keputusan Shareholder’s Resolutions No. 24 dated June 16,
Para Pemegang Saham PT BRI Multifinance 2023, made before Arry Supratno, S.H., M.Kn.,
Indonesia, yang dibuat di hadapan Notaris Arry Notary in Jakarta, which has been approved by
Supratno, S.H., M.Kn., di Jakarta, yang telah the Minister of Law and Human Rights based on
mendapat persetujuan Menteri Hukum dan Hak Decree No. AHU-0034000.AH.01.02 Year 2023
Asasi Manusia berdasarkan Surat Keputusan dated June 16, 2023. The amendments to the
Menteri Hukum dan Hak Asasi Manusia Articles of Association has a purpose to adjust
No. AHU-0034000.AH.01.02 Tahun 2023 article 3 of BRI Finance’s Articles of Association
tanggal 16 Juni 2023. Perubahan Anggaran with the 2020 Indonesian Standard Industrial
Dasar tersebut dalam rangka penyesuaian pasal Classification.
3 Anggaran Dasar BRI Finance dengan
Klasifikasi Baku Lapangan Usaha Indonesia
tahun 2020.
48
Page 1023
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Multifinance Indonesia (BRI Finance) PT BRI Multifinance Indonesia (BRI Finance)
(lanjutan) (continued)
Perubahan anggaran dasar dituangkan dalam The amendment to the articles of association is
Akta No. 16 tanggal 2 Juli 2024 tentang stated in Deed No. 16 dated July 2, 2024
Pernyataan Keputusan Pemegang Saham regarding the Statement of Shareholders’
PT BRI Multifinance Indonesia, yang dibuat di Decision of PT BRI Multifinance Indonesia, made
hadapan Notaris Jose Dima Satria, S.H., M.Kn., before Notary Jose Dima Satria, S.H., M.Kn., in
di Jakarta, yang telah mendapat persetujuan Jakarta, which has received approval from the
Menteri Hukum dan Hak Asasi Manusia (Surat Minister of Law and Human Rights (Decree of the
Keputusan Menteri Hukum dan Hak Asasi Minister Law and Human Rights No. AHU-
Manusia No. AHU-AH.0109-0221104 tanggal AH.0109-0221104 dated July 2, 2024).
2 Juli 2024).
Perubahan anggaran dasar dituangkan dalam The amendment to the articles of association is
Akta No. 1 tanggal 3 Januari 2025 tentang stated in Deed No. 1 dated January 3, 2025
Pernyataan Keputusan Para Pemegang Saham regarding the Statement of Shareholders’
PT BRI Multifinance Indonesia, yang dibuat di Decision of PT BRI Multifinance Indonesia, made
hadapan Notaris Arry Supratno, S.H., M.Kn., di before Notary Arry Supratno, S.H., M.Kn., in
Jakarta, yang telah diterima dan dicatat di dalam Jakarta, which has received approval from the
Sistem Administrasi badan Hukum oleh Menteri Minister of Law and Human Rights Republic of
Hukum dan Hak Asasi manusia Republik Indonesia in the Letter of Acceptance of
Indonesia dalam Surat Penerimaan Notification of Changes to the Articles of
Pemberitahuan Perubahan Anggaran Dasar Association of PT BRI Multifinance Indonesia
PT BRI Multifinance Indonesia No. AHU- No. AHU-AH.01.03-0004409 dated January 13,
AH.01.03-0004409 tanggal 13 Januari 2025. 2025.
Perubahan anggaran dasar terakhir dituangkan The latest amendment to the articles of
dalam Akta No. 16 tanggal 30 Juni 2025 tentang association is stated in Deed No. 16 dated
Berita Acara Rapat Umum Pemegang Saham June 30, 2025 regarding the Minutes of the
Tahunan PT BRI Multifinance Indonesia, yang Annual General Meeting of Shareholders of PT
dibuat di hadapan Notaris Arry Supratno, S.H., BRI Multifinance Indonesia, made before Notary
M.Kn., di Jakarta, yang telah diterima dan dicatat Arry Supratno, S.H., M.Kn., in Jakarta, which has
di dalam Sistem Administrasi Badan Hukum oleh been received and recorded in the Legal Entity
Menteri Hukum Republik Indonesia dalam Surat Administration System by the Minister of Law of
Penerimaan Pemberitahuan Perubahan the Republic of Indonesia in the Letter of
Anggaran Dasar PT BRI Multifinance Indonesia Acceptance of Notification of Amendments to the
No. AHU-AH.01.09-0305596 tanggal 2 Juli Articles of Association of PT BRI Multifinance
2025. Indonesia No. AHU-AH.01.09-0305596 dated
July 2, 2025.
Sesuai dengan ketentuan Pasal 3 Anggaran According to Article 3 of its Articles of
Dasar, ruang lingkup kegiatan BRI Finance Association, BRI Finance’s scope of business is
adalah melakukan usaha dalam bidang to conduct financing activities.
pembiayaan.
Kantor pusat BRI Finance berlokasi di Menara BRI Finance’s head office is located at BRILiaN
BRILiaN Lantai 22, 21 & 1, Jalan Gatot Subroto Tower 22nd, 21st and 1st floor, Jl. Gatot Subroto
No. 177A Kav. 64 Jakarta Selatan dan memiliki No. 177A Kav. 64, South Jakarta, and has 26
26 kantor cabang. branches.
49
Page 1024
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Ventura Investama (BRI Ventures) PT BRI Ventura Investama (BRI Ventures)
Pada tanggal 29 Juni 2018, BRI telah On June 29, 2018, BRI signed the Conditional
menandatangani Perjanjian Jual Beli Saham Sale and Purchase of Shares Agreement of
Bersyarat Dalam PT Sarana Nusa Tenggara PT Sarana Nusa Tenggara Timur Ventura
Timur Ventura (”Sarana NTT Ventura”) dengan (“Sarana NTT Ventura”) with PT Bahana Artha
PT Bahana Artha Ventura (”BAV”) dalam rangka Ventura (“BAV”) to takeover all BAV’s share
pengambilalihan seluruh kepemilikan saham ownership of Sarana NTT Ventura resulting
BAV dalam Sarana NTT Ventura menjadi milik BRI’s share ownership to become 97.61% with a
BRI sebanyak 97,61%, dengan harga pembelian purchase price of Rp3,090, and have obtained
sebesar Rp3.090, dan telah mendapatkan the approval of the Board of Commisioners of
persetujuan masing-masing dari Dewan BRI as the representative of the shareholders
Komisaris BRI selaku wakil dari pemegang through its Letter No. R. 67-KOM/09/2018, dated
saham lewat suratnya No. R. 67-KOM/09/2018 September 26, 2018, as well as the
tanggal 26 September 2018 serta persetujuan approval from OJK through its Letter
dari OJK melalui surat No. S-112/PB.31/2018 No. S-112/PB.31/2018 dated September 25,
tanggal 25 September 2018. 2018.
Pengalihan saham ini telah dilaksanakan secara The shares takeover was effective on December
efektif pada tanggal 20 Desember 2018, 20, 2018 as stated in the Deed Sale and
sebagaimana dituangkan dalam Akta Jual Beli Purchase of Shares No. 70, made before Ashoya
Saham No. 70 yang dibuat di hadapan Ashoya Ratam, S.H., M.Kn., Notary in South Jakarta,
Ratam, S.H., M.Kn., Notaris di Jakarta Selatan, where BRI owned 97.61% of the total shares
dimana BRI memiliki 97,61% dari total saham issued by PT BRI Ventura Investama (formerly
yang dikeluarkan oleh PT BRI Ventura known as Sarana NTT Ventura).
Investama (dahulu Sarana NTT Ventura).
Berdasarkan Akta Pernyataan Keputusan Rapat Based on the Deed of Declaration on the
Umum Pemegang Saham Luar Biasa No. 74 Extraordinary General Meeting of Shareholders
tanggal 14 November 2018, yang dibuat di Decision No. 74, dated November 14, 2018,
hadapan Notaris Zantje Mathilda Voss made before Zantje Mathilda Voss Tomasowa,
Tomasowa, S.H., M.Kn., di Kupang, telah S.H., M.Kn., Notary in Kupang, the name of
dilakukan perubahan nama dari PT Sarana PT Sarana Nusa Tenggara Timur Ventura was
Nusa Tenggara Timur Ventura menjadi changed into PT BRI Ventura Investama
PT BRI Ventura Investama (“BRI Ventures”), (“BRI Ventures”), along with the change of
beserta perubahan tempat kedudukan Company’s domicile from Kupang to Jakarta,
Perusahaan dari semula di kota Kupang menjadi This amendment has been approved by the
di kota Jakarta. Perubahan ini telah mendapat Ministry of Laws and Human Rights of the
persetujuan Menteri Hukum dan Republic of Indonesia in its Decision Letter
Hak Asasi Manusia Republik Indonesia No. AHU-0030398.AH.01.02 Year 2018, dated
melalui Surat Keputusan No. AHU-0030398.AH. December 14, 2018. In accordance with
01.02 Tahun 2018 tanggal 14 Desember 2018. Members of the Board of OJK Commissioners’
Sesuai dengan Keputusan Anggota Dewan Decision No. KEP-189/NB.11/2019 dated April 1,
Komisioner OJK No. KEP-189/NB.11/2019 2019, with regard to the change in the company
tanggal 1 April 2019, sehubungan dengan name, BRI Ventures obtained the enactment of
perubahan nama tersebut, BRI Ventures telah business license in venture capital business
memperoleh pemberlakuan Izin Usaha di bidang previously granted to PT Sarana Nusa Tenggara
perusahaan modal ventura atas izin usaha yang Timur Ventura.
sebelumnya telah diberikan kepada PT Sarana
Nusa Tenggara Timur Ventura.
50
Page 1025
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Ventura Investama (BRI Ventures) PT BRI Ventura Investama (BRI Ventures)
(lanjutan) (continued)
Anggaran Dasar BRI Ventures diubah dan BRI Ventures' Articles of Association amended
dinyatakan kembali melalui Akta No. 65 tanggal and restated through Deed No. 65 dated April 25,
25 April 2022 oleh Notaris Ashoya Ratam, S.H., 2022 by Notary Ashoya Ratam, S.H., M.Kn.,
M.Kn., antara lain dalam rangka penyesuaian among others, in order to adjust Article 3
Pasal 3 Ayat (1) Anggaran Dasar BRI Ventures Paragraph (1) of the Articles of Association of
dengan Klasifikasi Baku Lapangan Usaha BRI Ventures with the 2020 Indonesian Standard
Indonesia (KLBI 2020) dan dicatat sesuai Industrial Clasification and recorded in
dengan Surat Keputusan Menteri Hukum dan accordance with the Decree of the Minister of
Hak Asasi Manusia Republik Indonesia Law and Human Rights of the Republic of
No. AHU-0030721.AH.01.02 Tahun 2022 Indonesia No. AHU-0030721.AH.01.02. Year
tanggal 27 April 2022. 2022 dated April 27, 2022.
Anggaran Dasar BRI Ventures diubah BRI Ventures' Articles of Association have been
berdasarkan Pernyataan Keputusan di Luar amended related to the increase in the
Rapat Umum Pemegang Saham tanggal Company's capital stock based on a Resolution
31 Maret 2023 terkait dengan peningkatan Outside the General Meeting of Shareholders
modal dasar dan modal ditempatkan dan disetor dated March 31, 2023. This decision has been
penuh. Keputusan ini telah dicatat dalam Akta recorded in Notarial Deed No. 45 dated March
Notaris No. 45 Tanggal 31 Maret 2023 oleh 31, 2023 by Notary Ashoya Ratam, S.H., M.Kn.
Notaris Ashoya Ratam, S.H., M.Kn. Akta This amendment deed has been received and
perubahan ini telah diterima dan dicatat sesuai recorded in accordance with the Letter of
dengan Surat Penerimaan Pemberitahuan Acceptance of Notification of Changes to the
perubahan Anggaran Dasar oleh Menteri Articles of Association by the Minister of Law and
Hukum dan Hak Asasi Manusia Republik Human Rights of the Republic of Indonesia
Indonesia No. AHU-AH.01.03-0048199 tanggal No. AHU-AH.01.03.-0048199 dated March 31,
31 Maret 2023. 2023.
Anggaran Dasar BRI Ventures diubah dan BRI Ventures' Articles of Association amended
dinyatakan kembali melalui Akta No. 5 tanggal 4 and restated through Deed No. 5 dated June 4,
Juni 2024 oleh Notaris Ashoya Ratam, S.H., 2024 by Notary Ashoya Ratam, S.H., M.Kn., and
M.Kn., dan dicatat sesuai dengan Surat recorded in accordance with the Decree of the
Keputusan Menteri Hukum dan Hak Asasi Minister of Law and Human Rights of the
Manusia Republik Indonesia No. AHU- Republic of Indonesia No. AHU-
0036382.AH.01.02 Tahun 2024 tanggal 20 Juni 0036382.AH.01.02 Year 2024 dated June 20,
2024. 2024.
Anggaran Dasar terakhir BRI Ventures diubah BRI Ventures' latest Articles of Association
dan dinyatakan kembali melalui Akta No. 5 amended and restated through Deed No. 5 dated
tanggal 7 Juli 2025 oleh Notaris Titik Krisna Murti June 7, 2025 by Notary Titik Krisna Murti
Wikaningsih Hastuti, S.H., M.Kn., dan dicatat Wikaningsih Hastuti, S.H., M.Kn., and recorded
sesuai dengan Surat Keputusan Menteri Hukum in accordance with the Decree of the Minister of
Republik Indonesia No. AHU 0155076.AH.01.11 Law of the Republic of Indonesia No. AHU-
Tahun 2025 tanggal 10 Juli 2025. 0155076.AH.01.11 Year 2025 dated July 10,
2025
51
Page 1026
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Ventura Investama (BRI Ventures) PT BRI Ventura Investama (BRI Ventures)
(lanjutan) (continued)
Sesuai dengan ketentuan Pasal 3 Anggaran According to Article 3 of its Articles of
Dasar yang terakhir, ruang lingkup kegiatan BRI Association, BRI Ventures’ scope of business is
Ventures adalah menyelenggarakan usaha to conduct venture capital activities including
modal ventura konvensional termasuk management of venture funds, fee-based service
mengelola dana ventura, kegiatan jasa berbasis activities and other business activities with OJK’s
fee dan kegiatan usaha lain dengan persetujuan approval, and venture capital activities in the
OJK serta kegiatan modal ventura dalam bentuk form of equity capital in a business partner and/or
penyertaan modal ke dalam suatu pasangan debtor who has productive business and/or ideas
usaha dan atau debitur yang memiliki usaha for productive business development.
produktif dan atau memiliki ide-ide untuk
pengembangan usaha produktif.
Kantor pusat BRI Ventures berlokasi di District 8 BRI Ventures’ head office is located at District 8
Office SCBD, Prosperity Tower Lantai 16 Unit F, Office SCBD, Prosperity Tower 16th floor Unit F,
Jalan Jenderal Sudirman No 52-53, Kebayoran Jenderal Sudirman Street No 52-53, Kebayoran
Baru, Jakarta Selatan. Baru, South Jakarta.
PT BRI Danareksa Sekuritas (BRIDS) PT BRI Danareksa Sekuritas (BRIDS)
Pada tanggal 27 September 2018, BRI On September 27, 2018, BRI signed
menandatangani Perjanjian Pengikatan Jual a Conditional Sale and Purchase of Shares
Beli Saham Bersyarat (“PPJB”) dengan Agreement with PT Danareksa (Persero) to
PT Danareksa (Persero) dalam rangka takeover part of the shares ownership of
pengambilalihan sebagian kepemilikan saham PT Danareksa Sekuritas (“Danareksa
PT Danareksa Sekuritas (“Danareksa Sekuritas”) from PT Danareksa (Persero) and to
Sekuritas”) dari PT Danareksa (Persero) gain 67% ownership, with a purchase price of
menjadi milik BRI sebanyak 67%, dengan harga Rp446,888, and has obtained the approval from
pembelian sebesar Rp446.888, dan telah OJK based on its Letter No. S-1496/PM.21/2018
mendapatkan persetujuan dari OJK melalui dated December 21, 2018. The takeover was
surat No. S-1496/PM.21/2018 tanggal effective on December 21, 2018, as stated in the
21 Desember 2018. Pengalihan saham ini telah Deed of Shares Takeover No. 53, of Masjuki,
dilaksanakan secara efektif pada tanggal S.H., surrogate of M. Nova Faisal, S.H., M.Kn.,
21 Desember 2018, sebagaimana dituangkan Notary in Jakarta, where BRI owned 67% and
dalam Akta Pengambilalihan Saham No. 53 PT Danareksa (Persero) owned 33% of
yang dibuat di hadapan Notaris Masjuki, S.H., Danareksa Sekuritas’ total shares.
pengganti dari Notaris M. Nova Faisal, S.H.,
M.Kn., di Jakarta, dimana BRI memiliki 67% dari
total saham Danareksa Sekuritas dan sebesar
33% dimiliki oleh PT Danareksa (Persero).
52
Page 1027
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Danareksa Sekuritas (BRIDS) PT BRI Danareksa Sekuritas (BRIDS)
Anggaran Dasar BRIDS telah mengalami BRIDS’ Articles of Association has been
beberapa kali perubahan. Perubahan untuk amended several times. The amendment
menyesuaikan Anggaran Dasar BRIDS dengan adjusting its Articles of Association with Law
Undang-Undang No. 40 tahun 2007 tentang No. 40 year 2007 regarding the Limited Liability
Perseroan Terbatas dan peningkatan modal Company and the increase in authorized capital
dasar dan modal ditempatkan dan disetor and issued and paid-up capital of Danareksa
BRIDS yang dituangkan dalam Akta No. 91 Sekuritas, was stated in the Notarial Deed
Notaris Imas Fatimah, S.H., tanggal 12 Agustus No. 91 dated August 12, 2008, of Notary Imas
2008. Perubahan ini telah mendapat Fatimah, S.H. This amendment has been
persetujuan Menteri Hukum dan Hak Asasi approved by the Minister of Law and Human
Manusia Republik Indonesia melalui Surat Rights of the Republic of Indonesia through its
Keputusan No. AHU-83282.AH.01.02 Tahun Decision Letter No. AHU-83282.AH.01.02 Year
2008 tanggal 10 November 2008 serta telah 2008, dated November 10, 2008 and has been
diumumkan dalam Berita Negara Republik published in Supplement No. 9870 of the
Indonesia No. 28 Tambahan No. 9870 tanggal Republic of Indonesia State Gazette No. 28,
7 April 2009. dated April 7, 2009.
Pada tahun 2017 terdapat perubahan pada In 2017, there were amendments to the purposes
maksud dan tujuan BRIDS sesuai ketentuan and objectives of BRIDS in accordance with
Pasal 3 Anggaran Dasar yang dituangkan dalam Article 3 of the Articles of Association as stated
Akta No. 1 Notaris Fifidiana, S.H., S.S., M.Kn., in the Notarial Deed No. 1, dated July 5, 2017 of
tanggal 5 Juli 2017. Perubahan ini telah Fifidiana, S.H., S.S., M.Kn. This amendment has
mendapat persetujuan Menteri Hukum dan Hak been approved by the Minister of Law and
Asasi Manusia Republik Indonesia dalam Surat Human Rights of the Republic of Indonesia in its
Keputusan No. AHU-0013998.AH.01.02 Tahun Decision Letter No. AHU-0013998.AH.01.02
2017 tanggal 7 Juli 2017. Year 2017 dated July 7, 2017.
Pada tahun 2020 terdapat perubahan nama In 2020, based on Deed No. 27 dated October 9,
BRIDS sebagaimana dituangkan dalam Akta 2020, which was made before Jose Dima Satria,
No. 27 tanggal 9 Oktober 2020 yang dibuat di S.H., Notary in Jakarta, the name of
hadapan Notaris Jose Dima Satria, S.H., di PT Danareksa Sekuritas was changed into
Jakarta, yaitu perubahan nama PT Danareksa PT BRI Danareksa Sekuritas. This amendment
Sekuritas menjadi PT BRI Danareksa Sekuritas. has received approval for amendment to the
Perubahan ini telah mendapatkan persetujuan Articles of Association from the Minister of Law
perubahan anggaran dasar dari Menteri Hukum and Human Rights Republic of Indonesia
dan Hak Asasi Manusia Republik Indonesia No. AHU-0069706.AH.01.02 Year 2020. The
No. AHU-0069706.AH.01.02 Tahun 2020. amendment has been registered in the Financial
Sehubungan dengan perubahan nama PT BRI Services Authority (OJK) based on Letter
Danareksa Sekuritas telah dicatatkan dalam No. S-1210/PM.212/2020 dated October 26,
administrasi Otoritas Jasa Keuangan (OJK) 2020.
berdasarkan Surat No. S-1210/PM.212/2020
tanggal 26 Oktober 2020.
53
Page 1028
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Danareksa Sekuritas (BRIDS) PT BRI Danareksa Sekuritas (BRIDS)
(lanjutan) (continued)
Berdasarkan Akta No. 168 tanggal 27 Juni 2022 Based on Deed No. 168 dated June 27, 2022,
yang dibuat di hadapan Notaris Jose Dima which was made before Jose Dima Satria, S.H.,
Satria, S.H., di Jakarta, terdapat penambahan Notary in Jakarta, there is additional issued and
modal ditempatkan dan disetor oleh BRI sesuai paid-up capital by BRI that has received approval
dengan persetujuan dari OJK melalui surat OJK from Financial Services Authority (OJK) through
No. S-555/PM.21/2022 tanggal 24 Juni 2022 its letter No. S-555/PM.21/2022 dated June 24,
dan telah dilaksanakan secara efektif pada 2022. The additional issued and paid-up capital
tanggal 27 Juni 2022 sehingga kepemilikan has become effective on June 27, 2022 so that
saham BRI menjadi 71% dari total saham BRI's share ownership to be at 71% of the total
BRIDS dan sebesar 29% dimiliki oleh PT BRIDS shares and 29% was owned by
Danareksa (Persero). Perubahan ini PT Danareksa (Persero). This has been
diberitahukan pada Penerimaan Pemberitahuan announced through the amendment of Articles of
Perubahan Anggaran Dasar Association Acknowledgement of No. AHU-
No. AHU-AH.01.03-0256545 tanggal 27 Juni AH.01.03.0256545 dated June 27, 2022.
2022.
Berdasarkan Akta No. 86 tanggal 17 April 2023, Based on Deed No. 86 dated April 17, 2023,
yang dibuat di hadapan Notaris Jose Dima which was made before Jose Dima Satria, S.H.,
Satria, S.H., di Jakarta. Perubahan tersebut Notary in Jakarta. The amendment has received
telah mendapat persetujuan Menteri Hukum dan approval from the Minister of Law and Human
Hak Asasi Manusia berdasarkan Surat Rights based on the Decree of the Minister of
Keputusan Menteri Hukum dan Hak Law and Human Rights of the Republic of
Asasi Manusia Republik Indonesia Indonesia No. AHU-0024267.AH.01.02 Year
No. AHU-0024267.AH.01.02 Tahun 2023, serta 2023, and announcement of changes has been
pemberitahuan perubahannya telah diterima received and recorded in the Legal Entity
dan dicatat di dalam Sistem Administrasi Badan Administration System of the Ministry of Law and
Hukum Kementerian Hukum dan Hak Human Rights based on Letter No. AHU-
Asasi Manusia berdasarkan Surat AH.01.03-0058587 dated May 2, 2023 regarding
No. AHU-AH.01.03-0058587 tanggal 2 Mei 2023 Receipt of Notification of Changes to PT BRI
perihal Penerimaan Pemberitahuan Perubahan Danareksa Sekuritas' Articles of Association.
Anggaran Dasar PT BRI Danareksa Sekuritas.
Perubahan terakhir Anggaran Dasar BRIDS The latest amendment to BRIDS' Articles of
dituangkan dalam Akta No. 71 tanggal 18 April Association is stated in Deed No. 71 dated April
2024, yang dibuat di hadapan Notaris Jose Dima 18, 2024, which was made before Jose Dima
Satria, S.H., M.KN., berkedudukan di Jakarta Satria, S.H., Notary in Jakarta. The amendment
Selatan. Perubahan tersebut telah mendapat has received approval from the Minister
persetujuan Menteri Hukum dan Hak Asasi of Law and Human Rights based on the
Manusia berdasarkan Surat Keputusan Menteri Decree of the Minister of Law and Human
Hukum dan Hak Asasi Manusia Republik Rights of the Republic of Indonesia
Indonesia No. AHU-AH.01.03-0090655 Tahun No. AHU-01.03-0090655 Year 2024, and dated
2024 tanggal 22 April 2024 perihal perbaikan April 22, 2024 regarding correction and deletion
dan penghapusan beberapa pasal. of several articles.
Sesuai dengan ketentuan Pasal 3 Anggaran In accordance with Article 3 of BRIDS' Articles of
Dasar, ruang lingkup kegiatan BRIDS adalah Association, the scope of its activities comprises
sebagai penjamin emisi efek, perantara underwriting, securities brokerage, and other
pedagang efek serta kegiatan usaha penunjang supporting business activities determined and/or
lainnya yang ditetapkan dan/atau disetujui oleh approved by OJK.
OJK.
54
Page 1029
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Danareksa Sekuritas (BRIDS) PT BRI Danareksa Sekuritas (BRIDS)
(lanjutan) (continued)
BRIDS memperoleh izin usaha sebagai BRIDS obtained its business license as
perantara pedagang efek dan penjamin emisi a securities broker and an underwriter from the
efek dari Ketua Badan Pengawas Pasar Chairman of the Capital Market Supervisory
Modal berdasarkan Surat Keputusan Agency in accordance with its Decision Letters
No. KEP-291/PM/1992 tanggal 16 Oktober 1992 No. KEP-291/PM/1992 dated October 16, 1992
dan No. KEP-292/PM/1992 tanggal 16 Oktober and No. KEP-292/PM/1992 dated October 16,
1992. 1992.
Sebagai bagian dari perizinan yang telah As part of its licensing, BRIDS has obtained
dimiliki, BRIDS juga telah memperoleh approval of supporting business activities as
persetujuan kegiatan usaha penunjang sebagai Arranger of Medium Term Notes (MTN),
Penatalaksana (Arranger) Medium Term Notes Negotiable Certificates of Deposit (NCD), Hybrid
(MTN), Negotiable Certificate of Deposit (NCD), Product as Perpetuity Notes, syndicated loans,
Hybrid Product seperti Perpetuity Notes, Global Medium Term Notes (GMTN), Global
pinjaman sindikasi, Global Medium Term Notes Bonds and Financial Advisory from Financial
(GMTN), Global Bond dan Penasihat Keuangan Services Authority (OJK) based on its Letter
(Financial Advisory) dari Otoritas Jasa No. S-143/PM.21/2017 dated March 16, 2017.
Keuangan (OJK) berdasarkan Surat
No. S-143/PM.21/2017 tanggal 16 Maret 2017.
Kantor pusat BRIDS berlokasi di Gedung BRI II BRIDS’ head office is located in BRI Tower II 23th
Lt. 23, Jl. Jend. Sudirman Kav.44-46, Jakarta floor, Jenderal Sudirman Street Kav. 44-46,
dan memiliki 7 cabang, 59 Gerai dan Jakarta and has 7 branches, 59 booths and
3 kemitraan. 3 partnerships.
PT BRI Asuransi Indonesia (BRI Insurance) PT BRI Asuransi Indonesia (BRI Insurance)
Pada tanggal 20 Juni 2019, BRI On June 20, 2019, BRI signed a Conditional
menandatangani Perjanjian Pengikatan Jual Share Sale and Purchase Agreement
Beli Saham Bersyarat (“PPJBSB”) dengan Dana ("PPJBSB") with Dana Pensiun BRI in order to
Pensiun BRI dalam rangka pengambilalihan acquire 90% shares of Dana Pensiun BRI in
kepemilikan saham Dana Pensiun BRI dalam PT BRI Asuransi Indonesia (BRI Insurance)
PT BRI Asuransi Indonesia (dahulu bernama (formerly PT Asuransi Bringin Sejahtera
PT Asuransi Bringin Sejahtera Artamakmur) Artamakmur), at a purchase price of
menjadi milik BRI sebanyak 90%, dengan harga Rp1,041,000 and has received approval from
pembelian sebesar Rp1.041.000 dan telah OJK through letter No. S-135/NB.1/2019 dated
mendapatkan persetujuan dari OJK melalui September 16, 2019. This transfer of shares was
surat No. S-135/NB.1/2019 tanggal completed on September 26, 2019, as stated in
16 September 2019. Pengalihan saham ini telah the Deed of Shares Takeover No. 31 made
dilaksanakan secara efektif pada tanggal 26 before Dina Chozie, S.H., a replacement notary
September 2019, sebagaimana dituangkan from Fathiah Helmi, S.H., Notary in Jakarta,
dalam Akta Akuisisi Saham No. 31 yang dibuat where BRI owns 90% of the total shares of BRI
di hadapan Notaris Dina Chozie, SH., pengganti Insurance and 10% is owned by the Yayasan
dari Fathiah Helmi, S.H., di Jakarta, dimana BRI Kesejahteraan Pekerja (YKP) BRI.
memiliki 90% dari total saham PT BRI Asuransi
Indonesia (”BRI Insurance”) dan sebesar 10%
dimiliki oleh Yayasan Kesejahteraan Pekerja
(YKP) BRI.
55
Page 1030
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Asuransi Indonesia (BRI Insurance) PT BRI Asuransi Indonesia (BRI Insurance)
Anggaran Dasar BRI Insurance mengalami BRI Insurance's Articles of Association has
beberapa kali perubahan dan perubahan undergone several changes and the latest
Anggaran Dasar terakhir tertuang dalam Akta amendment to the Articles of Association is
No. 26 tanggal 26 Juni 2023 yang dibuat di contained in Deed No. 26 dated June 26, 2023
hadapan Notaris Hj. Zun Nur Ain Fauzia, S.H., made before Hj. Zun Nur Ain Fauzia, S.H., M.Kn.,
MKn, di Jakarta. Perubahan Anggaran Dasar Notary in Jakarta. The amendment to the Articles
tersebut telah mendapat persetujuan Menteri of Association has received approval from the
Hukum dan Hak Asasi Manusia berdasarkan Minister of Law and Human Rights based on the
Surat Keputusan Menteri Hukum dan Hak Asasi Decree of the Minister of Law and Human Rights
Manusia No. AHU-00388682.AH.01.02 Tahun No. AHU-00388682. AH.01.02 Year 2023 dated
2023 tanggal 10 Juli 2023, serta pemberitahuan July 10, 2023, and announcement of the
perubahannya telah diterima dan dicatat di amendment has been received and recorded in
dalam Sistem Administrasi Badan Hukum the Legal Entity Administration System of the
Kementerian Hukum dan Hak Asasi Manusia Ministry of Law and Human Rights based on
berdasarkan Surat No. AHU-AH.01.03-0089063 Letter No. AHU-AH.01.03-0089063 dated July 6,
tanggal 6 Juli 2023 perihal Penerimaan 2023 regarding Receipt of Notification of
Pemberitahuan Perubahan Anggaran Dasar Changes to PT BRI Asuransi Indonesia's Articles
PT BRI Asuransi Indonesia. of Association.
Anggaran Dasar BRI Insurance telah mengalami BRI Insurance's Articles of Association has
beberapa kali perubahan. Perubahan terakhir undergone several changes and the latest
sebagaimana dituangkan dalam Akta No. 04, amendment to the Articles of Association is
tanggal 17 Juli 2024 yang dibuat oleh Tri contained in Deed No. 04 dated July 17, 2024
Wahyuwidayati, Sarjana Hukum, Magister made before Tri Wahyuwidayati, Sarjana
Kenotariatan Notaris di Jakarta Selatan. Hukum, Magister Kenotariatan Notary in Jakarta.
Perubahan Anggaran Dasar ini telah The amendment has been received and
memperoleh persetujuan Menteri Hukum dan recorded in the Legal Entity Administration
Hak Asasi Manusia Republik Indonesia System of the Ministry of Law and Human Rights
berdasarkan Surat No. AHU-0038862.AH.01.02 based on Letter No. AHU-0038862. AH.01.02 of
Tahun 2023 Tanggal 10 Juli 2023 dan telah 2023 dated July 10, 2023 and has been accepted
diterima dan dicatat di dalam Sistem and recorded in the Legal Entity Administration
Administrasi Badan Hukum Kementerian Hukum System of the Ministry of Law and Human Rights
dan Hak Asasi Manusia Republik Indonesia of the Republic of Indonesia No. AHU-AH.01.03-
dalam Surat Penerimaan Pemberitahuan 0173154 dated July 17, 2024 regarding Receipt
Perubahan Anggaran Dasar PT. BRI Asuransi of Notification of Changes to PT BRI Asuransi
Indonesia Nomor: AHU-AH.01.03-0173154 Indonesia's Articles of Association
Tanggal 17 Juli 2024.
56
Page 1031
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Asuransi Indonesia (BRI Insurance) PT BRI Asuransi Indonesia (BRI Insurance)
(lanjutan) (continued)
Sesuai dengan ketentuan Pasal 3 Anggaran In accordance with the provisions of Article 3 of
Dasar ruang lingkup kegiatan usaha PT. BRI the Articles of Association, the scope of business
Asuransi Indonesia, yaitu: activities of PT. BRI Asuransi Indonesia, namely:
a. Menjalankan usaha di bidang Asuransi a. Carrying out business in the field of
Umum Konvensional (Kode KBLI 2020: Conventional General Insurance (2020
65121), mencakup usaha asuransi umum KBLI Code: 65121), includes general
yang diselenggarakan secara insurance business carried out
konvensional, dengan kegiatan usaha conventionally, with business activities
meliputi penyelenggaraan usaha jasa including carrying out risk insurance
pertanggungan risiko yang memberikan services which provide compensation to the
penggantian kepada tertanggung atau insured or policy holder due to loss,
pemegang polis karena kerugian, damage, costs incurred, loss of profits, or
kerusakan, biaya yang timbul, kehilangan legal liability to third parties that the insured
keuntungan, atau tanggung jawab hukum or policyholder may suffer due to the
kepada pihak ketiga yang mungkin diderita occurrence of an uncertain event.
tertanggung atau pemegang polis karena
terjadinya suatu peristiwa yang tidak pasti.
b. Menjalankan usaha di bidang Unit Syariah b. Carrying out business in the General
Asuransi Umum (Kode KBLI 2020: 65123), Insurance Sharia Unit sector (2020 KBLI
Kelompok ini mencakup kegiatan unit kerja Code: 65123), this group includes work unit
dari kantor pusat perusahaan asuransi activities from the head office of a
umum konvensional yang berfungsi conventional general insurance company
sebagai Kantor Induk dari Kantor di luar which functions as the Main Office of an
Kantor Pusat yang melaksanakan kegiatan Office outside the Head Office which carries
usaha asuransi umum berdasar prinsip out general insurance business activities
syariah. based on sharia principles.
BRI Insurance memperoleh izin usaha di bidang BRI Insurance obtained its license to do general
asuransi kerugian pada tanggal insurance business on August 26, 1989 through
26 Agustus 1989 berdasarkan Keputusan the Decree of the Ministry of Finance of the
Menteri Keuangan Republik Indonesia Republic of Indonesia No. Kep-
No. Kep.-128/KM.13/1989. Sesuai Keputusan 128/KM.13/1989. In accordance with the Decree
Anggota Dewan Komisioner OJK of Board of Commissioners of OJK
No. KEP-105/NB.11/2020 tanggal 6 Maret 2020, No. KEP-105/NB.11/2020 dated March 6, 2020,
BRI Insurance memperoleh pemberlakuan izin BRI Insurance obtained the enforcement of
usaha di bidang asuransi umum atas izin usaha business license in general insurance on the
yang sebelumnya telah diberikan kepada basis of business that had previously been given
PT Asuransi Bringin Sejahtera Artamakmur to PT Asuransi Bringin Sejahtera Artamakmur
yang selanjutnya berubah nama menjadi PT BRI which changed its name to PT BRI Asuransi
Asuransi Indonesia. Indonesia.
BRI Insurance mendapatkan izin pembukaan BRI Insurance obtained permission to open
kantor cabang dengan prinsip Syariah a branch office with Sharia principles in
sesuai dengan Surat Keputusan Menteri accordance with the Decree of the Minister of
Keuangan No. KEP-006/KM.6/2003 tanggal Finance No. KEP-006/KM.6/2003 dated January
21 Januari 2003. 21, 2003.
57
Page 1032
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Asuransi Indonesia (BRI Insurance) PT BRI Asuransi Indonesia (BRI Insurance)
(lanjutan) (continued)
Kantor pusat BRI Insurance berlokasi di Graha BRI Insurance head office is located in Graha BRI
BRI Insurance, Jl. Mampang Prapatan Raya Insurance, Jl. Mampang Prapatan Raya No. 18,
No.18, Jakarta Selatan dan memiliki 21 Kantor South Jakarta, and it has 21 Conventional
Cabang Konvensional, 2 Kantor Cabang Branches, 2 Sharia Branches, 19 Marketing
Syariah, 19 Kantor Perwakilan Pemasaran Representative Offices (MRO) Conventional, 3
Konvensional, 3 Kantor Perwakilan Pemasaran Representative Office Sharia (ROS), 50
Syariah, 50 Marketing Channel (MC) Marketing Channels (MC) Conventional and 21
Konvensional dan 21 Marketing Office Sharia Marketing Offices Sharia (MOS).
(MOS).
PT Pegadaian (Pegadaian) PT Pegadaian (Pegadaian)
Pada tanggal 13 September 2021, Negara On September 13, 2021, The Government of
Republik Indonesia yang diwakili oleh Menteri Indonesia, as represented by the Minister of
BUMN dan BRI menandatangani perjanjian SOEs, signed the Sale and Purchase of Shares
pengalihan hak atas saham Negara Republik Agreement with BRI to transfer its shares in
Indonesia pada PT Pegadaian (Persero) PT Pegadaian (Pegadaian) to increase the
(Pegadaian) dalam rangka penambahan ownership in BRI, it was documented in Notarial
penyertaan modal Negara Republik Indonesia Deed No. 13 dated September 13, 2021.
ke dalam modal saham BRI, yang kemudian Through the agreement, The Government of
dituangkan dalam Akta No. 13 tanggal Indonesia transferred its right of all Series B
13 September 2021. Melalui perjanjian tersebut, shares in Pegadaian to BRI amounting to
Negara Republik Indonesia mengalihkan 6,249,999 series B shares with nominal value of
kepada BRI berupa hak atas seluruh saham Seri Rp48,670,528. Thus, starting September 13,
B milik Negara Republik Indonesia pada 2021, BRI owned Pegadaian’ shares and has the
Pegadaian dengan jumlah sebanyak 6.249.999 right as the owner of the transferred shares.
saham seri B yang seluruhnya senilai
Rp48.670.528. Dengan demikian, sejak tanggal
13 September 2021, BRI adalah pemilik saham
yang dialihkan dan berhak menjalankan hak-hak
sebagai pemilik dari saham-saham yang
dialihkan.
Anggaran Dasar Pegadaian telah mengalami Pegadaian’ Articles of Association has been
beberapa kali perubahan. Perubahan terakhir amended several times. The latest amendment
sebagaimana dituangkan dalam Akta No. 15 was documented in the Deed of Declaration
tanggal 23 September 2021, yang dibuat di No. 15 dated September 23, 2021, of Nanda
hadapan Notaris Nanda Fauz Iwan, S.H., M.Kn., Fauz Iwan, S.H., M.Kn., a Notary in Jakarta. The
di Jakarta. Perubahan anggaran dasar tersebut amendment to the articles of association has
telah mendapat persetujuan oleh Kementerian been approved by the Ministry of Law and
Hukum dan Hak Asasi Manusia Republik Human Rights of the Republic of Indonesia
Indonesia No. AHU-0053287.AH.01.02 Tahun No. AHU-0053287.AH.01.02 dated
2021 tanggal 29 September 2021 serta telah September 29, 2021 and has received a Letter of
mendapat Surat Penerimaan Pemberitahuan Acceptance of Notification of Amendment to the
Perubahan Anggaran Dasar PT Pegadaian No. Articles of Association of PT Pegadaian
AHU-AH.01.03-0454524, tanggal 29 September No. AHU-AH.01.03-0454524, September 29,
2021. 2021.
58
Page 1033
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Pegadaian (Pegadaian) PT Pegadaian (Pegadaian)
Berdasarkan Ketentuan Pasal 3 Anggaran According to Article 3 of its Articles of
Dasar, maksud dan tujuan Pegadaian adalah Association, Pegadaian’s scope of business is to
melakukan usaha penyaluran pinjaman lainnya conduct loan disbursement businesses in the
berupa usaha pergadaian, secara konvensional form of pawnshops, both conventional and
dan berdasarkan prinsip syariah, berbasis sharia, based on information technology/digital
teknologi informasi/platform digital (untuk platforms (IT) and non-IT, optimize the utilization
selanjutnya disebut “TI”) dan non-TI, serta of Pegadaian’s resources to produce high quality
optimalisasi pemanfaatan sumber daya yang and highly competitive services to gain benefits
dimiliki Pegadaian untuk menghasilkan jasa in order to increase Pegadaian’s value by
bermutu tinggi dan berdaya saing kuat untuk implementing the principles of limited liability
mendapatkan/mengejar keuntungan guna company.
meningkatkan nilai Pegadaian dengan prinsip-
prinsip Perseroan Terbatas.
Kantor pusat Pegadaian berlokasi di Jl. Kramat Pegadaian’s head office is located in Jl. Kramat
Raya No.162 Jakarta Pusat 10430 dan Raya No.162 Central Jakarta 10430 and has 12
mempunyai 12 kantor wilayah, 61 kantor area, regional offices, 61 area offices, 642 branches,
642 kantor cabang, dan 3.446 kantor unit and 3,446 branch service unit offices.
pelayanan cabang.
PT Permodalan Nasional Madani (PNM) PT Permodalan Nasional Madani (PNM)
Pada tanggal 13 September 2021, BRI On September 13, 2021, BRI signed the Sale
menandatangani perjanjian pengalihan hak atas and Purchase of Shares Agreement to receive
saham Negara Republik Indonesia pada PT The Government of Indonesia shares in
Permodalan Nasional Madani (PNM) dalam PT Permodalan Nasional Madani (PNM) to
rangka penambahan penyertaan Modal Negara increase the ownership of Government of
Republik Indonesia ke dalam modal saham BRI. Indonesia in BRI. The Government of Indonesia,
Negara Republik Indonesia yang diwakili oleh as represented by the Minister of SOEs,
Menteri BUMN mengalihkan kepada BRI berupa transferred its Series B shares in PNM to BRI
hak atas seluruh saham Seri B milik Negara amounting to 3,799,999 series B shares with
Republik Indonesia pada PNM dengan jumlah nominal value of Rp6,100,068. Thus, starting
sebanyak 3.799.999 saham seri B yang September 13, 2021, BRI owned PNM’s shares
seluruhnya senilai Rp6.100.068. Dengan of the transferred shares and has the right as the
demikian, sejak tanggal 13 September 2021, owner of the transferred shares.
BRI adalah pemilik saham yang dialihkan dan
berhak menjalankan hak-hak sebagai pemilik
dari saham-saham yang dialihkan.
59
Page 1034
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Permodalan Nasional Madani (PNM) PT Permodalan Nasional Madani (PNM)
(lanjutan) (continued)
Perusahaan didirikan berdasarkan Peraturan The company was established based on
Pemerintah Republik Indonesia No. 38 tahun Republic of Indonesia Government Regulation
1999 tanggal 25 Mei 1999 tentang Penyertaan No. 38 of 1999 dated May 25, 1999 concerning
Modal Negara Republik Indonesia untuk State Capital Inclusion of the Republic of
Pendirian Perusahaan (Persero) Dalam Rangka Indonesia for the Establishment of Companies
Pengembangan Koperasi, Usaha Kecil Dan (Persero) in the Context of the Development of
Menengah, yang pendiriannya dituangkan Cooperatives, Small and Medium Enterprises,
dalam Akta Pendirian No. the establishment of which is stated in the Deed
1 tanggal 1 Juni 1999 dibuat dihadapan Ida of Establishment No. 1 dated June 1, 1999,
Sofia, S.H., Notaris di Jakarta, yang telah made before Ida Sofia, S.H., Notary in Jakarta,
memperoleh pengesahan dari Menteri Hukum which has received approval from the Minister of
dan Hak Asasi Manusia berdasarkan Surat Law and Human Rights based on Decree No. C-
Keputusan No. C-11.609.HT.01.01.TH.99 11.609.HT.01.01.TH.99 dated June 23, 1999,
tanggal 23 Juni 1999, dan telah didaftarkan pada and has been registered at the Central Jakarta
Kantor Pendaftaran Perusahaan Kodya Jakarta Kodya Company Registration Office under
Pusat di bawah Nomor: 4758/BH.09.05/VIII/99 Number: 4758/BH.09.05/VIII/99 dated August
tanggal 27 Agustus 1999, serta telah 27, 1999, and has been published in the State
diumumkan dalam Berita Negara Republik Gazette of the Republic of Indonesia under
Indonesia Nomor: 73 tanggal 10 September Number: 73 dated September 10, 1999,
1999, Tambahan No. 5681 (“Akta No. 1”). Supplement No. 5681 (“Deed No. 1”).
Akta No.1 tersebut telah diubah beberapa kali, Deed No. 1 has been amended several times,
dengan perubahan terakhir yang dimuat dalam with the latest amendment contained in the
Akta Pernyataan Keputusan Pemegang Saham Deed of Shareholder Decision Statement
Nomor: 18 tanggal 7 Juni 2023 dibuat di Number: 18 dated June 7, 2023, made before
hadapan Hadijah, S.H., Notaris di Jakarta, yang Hadijah, S.H., M.Kn., Notary in Jakarta, which
telah memperoleh persetujuan Menteri Hukum has obtained the approval of the Minister of Law
dan Hak Asasi Manusia sebagaimana and Human Rights as stated in Decree Number:
Keputusan No. AHU-0037792.AH.01.02 Tahun AHU-0037792.AH.01.02. Year 2023 dated July
2023 tanggal 5 Juli 2023. Pemberitahuan 5, 2023. Notification of the changes has been
perubahannya telah dicatat pada database recorded in the Legal Entity Administration
Sistem Administrasi Badan Hukum Mentri System database of the Ministry of Law and
Hukum dan Hak Asasi Manusia tentang Human Rights regarding Approval of Changes
Persetujuan Perubahan Anggaran Dasar PT to the Articles of Association of
Permodalan Nasional Madani No. AHU- PT Permodalan Nasional Madani Number:
AH.01.09-0134474 tertanggal 5 Juli 2023. AHU-AH.01.09-0134474 dated July 5, 2023.
Sesuai dengan ketentuan Pasal 3 Anggaran According to Article 3 of its Articles of
Dasar, ruang lingkup kegiatan PNM adalah jasa Association, PNM’s scope of business is
pembiayaan termasuk tetapi tidak terbatas pada financing services but not limited to program
kredit program dan/atau pembiayaan sistem loan and/or joint responsibility financing,
tanggung renteng, penyertaan kepada Lembaga participation in Lembaga Keuangan
Keuangan Mikro/Syariah (LKM/S) dan Bank Mikro/Syariah (LKM/S) and Bank Perkreditan
Perkreditan Rakyat (BPR/S) serta jasa Rakyat (BPR/S) alongride with management
manajemen dan kemitraan. and partnership services.
60
Page 1035
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Permodalan Nasional Madani (PNM) PT Permodalan Nasional Madani (PNM)
(lanjutan) (continued)
Kantor pusat PNM berlokasi di Menara PNM, PNM’s head office is located in PNM Tower, Jl.
Jalan Kuningan Mulia, Menteng Atas, Setiabudi, Kuningan Mulia, Menteng Atas, Setiabudi, South
Jakarta Selatan, DKI Jakarta dan memiliki 58 Jakarta, DKI Jakarta and has 58 branches PNM,
kantor cabang, 3.977 kantor unit Mekaar, 620 3,977 unit offices Mekaar, and 620 unit offices
kantor unit ULaMM (termasuk 2 kantor unit ULaMM (include of 2 representative unit offices).
representatif).
PT BRI Manajemen Investasi (BRI-MI) PT BRI Manajemen Investasi (BRI-MI)
Pada tanggal 27 September 2018, BRI telah On September 27, 2018, BRI signed
menandatangani Perjanjian Jual Beli Saham a Conditional Sale and Purchase of Shares
Bersyarat (“PJBS”) dengan PT Danareksa Agreement (“PJBS”) with PT Danareksa
(Persero) dalam rangka pengambilalihan (Persero) to acquire PT Danareksa Investment
sebagian kepemilikan saham PT Danareksa Management (“DIM”) shares from
Investment Management (“DIM”) dari PT Danareksa (Persero) to BRI in the amount of
PT Danareksa (Persero) menjadi milik BRI 10,500,000 shares or equivalent to 35% of all
sebanyak 10.500.000 lembar saham atau setara DIM shares, with a purchase price of Rp371,959
dengan 35% dari keseluruhan saham beredar which has granted its approval from OJK
DIM, dengan harga pembelian sebesar through letter No. S-1453/PM.21/2018 dated
Rp371.959 yang telah mendapat persetujuan December 14, 2018. This share sale and
dari OJK melalui surat No. S-1453/PM.21/2018 purchase transaction was carried out on
tanggal 14 Desember 2018. Transaksi jual beli December 20, 2018, stated in the Deed of Sale
saham ini telah dilaksanakan pada tanggal and Purchase of Shares No. 47 dated
20 Desember 2018, sebagaimana dituangkan December 20, 2018 made before Masjuki, S.H.,
dalam Akta Jual Beli Saham No. 47 tanggal Substitute Notary of M. Nova Faisal, S.H., M.Kn.
20 Desember 2018 yang dibuat di hadapan
Masjuki, S.H., Notaris pengganti dari M. Nova
Faisal, S.H., M.Kn.
Selanjutnya, pada tanggal 19 Juli 2022, BRI Furthermore, on July 19, 2022, BRI has signed
telah menandatangani PJBS kembali dengan another PJBS with PT Danareksa (Persero) to
PT Danareksa (Persero) dalam rangka acquire DIM's share ownership from
pengambilalihan sebagian kepemilikan saham PT Danareksa (Persero) to BRI with 9,000,000
DIM dari PT Danareksa (Persero) menjadi milik shares or equivalent to 30% of DIM's total
BRI sebanyak 9.000.000 lembar saham atau outstanding shares, with a purchase price of
setara dengan 30% dari keseluruhan saham Rp360,000 which has granted its approval from
beredar DIM, dengan harga pembelian sebesar OJK through letter No. S-889/PM.21/2022 dated
Rp360.000 yang telah mendapat persetujuan October 5, 2022 regarding Approval of the
dari OJK melalui surat No. S-889/PM.21/2022 Planned Change in the Ownership Composition
tanggal 5 Oktober 2022 perihal Persetujuan Atas of PT Danareksa Investment Management
Rencana Perubahan Komposisi Kepemilikan Shareholders. This share sale and purchase
Pemegang Saham PT Danareksa Investment transaction was carried out on November 30,
Management. Transaksi jual beli saham ini telah 2022, as stated in the Deed of Sale and
dilaksanakan pada tanggal 30 November 2022, Purchase of Shares No. 32 dated November 30,
sebagaimana dituangkan dalam Akta Jual Beli 2022 made before Fathiah Helmi, S.H., Notary
Saham No. 32 tanggal 30 November 2022 yang in Jakarta, thereby BRI owns 19,500,000 shares
dibuat di hadapan Fathiah Helmi, S.H., Notaris or equivalent to 65% of the total outstanding
di Jakarta sehingga BRI memiliki 19.500.000 shares of DIM.
lembar saham atau setara dengan 65% dari total
saham beredar DIM.
61
Page 1036
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Manajemen Investasi (BRI-MI) PT BRI Manajemen Investasi (BRI-MI)
(lanjutan) (continued)
Perubahan secara keseluruhan anggaran dasar DIM's Articles of Association have been
DIM telah dimuat dalam akta tertanggal amended several times. The overall changes to
1 Februari 2019 No. 01 dibuat di hadapan M. the articles of association have been contained
Nova Faisal S.H., M,Kn., Notaris di Jakarta in the deed dated February 1, 2019 No. 01 made
Selatan dan telah mendapat persetujuan dari before M. Nova Faisal S.H., M,Kn., Notary in
Menteri Hukum dan Hak Asasi Manusia South Jakarta and has received approval from
Republik Indonesia dengan Surat Keputusannya the Minister of Law and Human Rights of the
tanggal 11 Februari 2019 No. AHU-0006825. Republic of Indonesia with a Decree dated
AH.01.02 Tahun 2019 serta pemberitahuan February 11, 2019 No. AHU-0006825.AH.01.02
Perubahan Anggaran Dasarnya telah diterima Year 2019 and notification of Amendments to its
dan dicatat oleh Menteri Hukum dan Hak Asasi Articles of Association have been received and
Manusia Republik Indonesia dengan suratnya recorded by the Minister of Law and Human
tanggal 11 Februari 2019 No. AHU-AH.01.03- Rights of the Republic of Indonesia in a letter
0079597 dan telah diumumkan dalam Berita dated February 11, 2019 No. AHU-AH.01.03-
Negara Republik Indonesia tertanggal 29 Maret 0079597 and has been announced in the State
2019 No. 26, Tambahan No. 10084. Gazette of the Republic of Indonesia dated
March 29, 2019 No. 26, Supplement No. 10084.
Berdasarkan Akta No. 2 tanggal 16 Oktober Based on Deed No. 2 dated October 16, 2019,
2019, yang dibuat di hadapan Notaris Fifidiana, made before Notary Fifidiana, S.H., S.S., M.Kn.
S.H., S.S., M.Kn. Perubahan anggaran The amendment to the articles of association
dasar tersebut telah mendapat persetujuan has been approved by the Ministry of Law and
oleh Kementerian hukum dan Hak Human Rights of the Republic of Indonesia
Asasi Manusia Republik Indonesia No. AHU-0083200.AH.01.02 Year 2019 dated
No. AHU-0083200.AH.01.02 Tahun 2019 October 16, 2019.
tanggal 16 Oktober 2019.
Berdasarkan Akta Pernyataan tentang Based on the Deed of Statement regarding
Keputusan Pemegang Saham di Luar Rapat Shareholder Decisions Outside the General
Umum Pemegang Saham Perseroan Terbatas Meeting of Shareholders of PT Danareksa
PT Danareksa Investment Management No. 4 Investment Management Limited Liability
tanggal 4 Juli 2023, yang dibuat di hadapan Company No. 4 dated July 4, 2023, made before
Notaris Fifidiana, S.H., S.S., M.Kn., di Jakarta Notary Fifidiana, S.H., S.S., M.Kn., in Central
Pusat, telah dilakukan perubahan Anggaran Jakarta, include changes to the company's
Dasar Perseroan meliputi perubahan nama Articles of Association, including change of the
Perseroan dari sebelumnya bernama company's name from formerly named PT
PT Danareksa Investment Management menjadi Danareksa investment management to PT BRI
bernama PT BRI Manajemen Investasi (“BRI- investment management ("BRI-MI"), change of
MI“), perubahan tempat kedudukan Perseroan, location of the Company, which was originally
yang semula berkedudukan dan berkantor pusat domiciled and headquartered in South Jakarta
di Jakarta Selatan dan beralamat di Plaza BP and had its address at Plaza BP Jamsostek
Jamsostek Lantai 11, Jl. H.R. Rasuna Said Kav. Floor 11, Jl. H.R. Rasuna Said Kav. 112 Blok B
112 Blok B Jakarta 12910, berubah menjadi Jakarta 12910, changed to having its domicile
berkedudukan dan berkantor pusat di Jakarta and head office in Central Jakarta, which is
Pusat, yang beralamat di Gedung BRI II Lantai located at BRI II Building, 22nd Floor, Jl. Jend.
22, Jl. Jend. Sudirman Kav. 44-46 Jakarta Pusat Sudirman Kav. 44-46 Central Jakarta 10210,
10210 dan perubahan Pasal 3 Anggaran Dasar and amendments to Article 3 of the Company's
Perseroan tentang Maksud dan Tujuan Serta Articles of Association concerning Aims and
Kegiatan Usaha dalam rangka penyesuaian Objectives and Business Activities in the context
berdasarkan Klasifikasi Baku Lapangan Usaha of adjustments based on the 2020 Standard
Indonesia (KLBI) 2020. Classification of Indonesian Business Fields
(KLBI).
62
Page 1037
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BRI Manajemen Investasi (BRI-MI) PT BRI Manajemen Investasi (BRI-MI)
(lanjutan) (continued)
Anggaran Dasar BRI-MI kemudian diubah dan BRI-MI's Articles of Association were then
disusun kembali sebagaimana termaktub dalam amended and rearranged as stated on Notarial
Akta Notaris No. 25 tanggal 15 Oktober 2025 Deed No. 25 dated October 15, 2025 by Leolin
oleh Leolin Jayayanti, S.H., M.Kn., Notaris di Jayayanti, S.H., M.Kn., Notary in Jakarta,
Jakarta, yang mengatur tindakan yang perlu regulates the actions that the Company must
dilakukan Perusahaan apabila jabatan anggotan take if a position on the Board of Commissioners
Dewan Komisaris lowong. Perubahan ini telah becomes vacant. This change has been received
diterima dan dicatat di dalam Sistem and recorded in the Legal Entity Administration
Administrasi Badan Hukum oleh Menteri Hukum System by the Minister of Law of the Republic of
Republik Indonesia dalam Surat Penerimaan Indonesia in the Letter of Acceptance of Notice
Pemberitahuan Perubahan Anggaran Dasar PT of Changes to the Articles of Association of
BRI Manajemen Investasi Nomor AHU- PT BRI Manajemen Investasi Number
AH.01.03-0243245 tanggal 15 Oktober 2025. AHU-AH.01.03-0243245 dated October 15,
2025.
Berdasarkan Akta Anggaran Dasar, maksud dan Based on the Deed of Articles of Association,
tujuan BRI-MI adalah menjalankan usaha dalam the purposes and objectives of BRI-MI are
bidang Aktivitas Manajemen Investasi. Untuk running a business in the field of Investment
mencapai maksud dan tujuan tersebut di atas Management Activities. To achieve the aims and
Perseroan dapat melaksanakan kegiatan usaha objectives above, the Company can carry out
sebagai berikut: Manajer Investasi - kode KBLI the following business activities:Investment
66311; mencakup kegiatan usaha pihak yang Manager - KBLI code 66311; includes the
mengelola portofolio efek untuk para nasabah business activities of parties who manage
atau mengelola portofolio investasi kolektif untuk securities portfolios for customers or manage
sekelompok nasabah, kecuali perusahaan collective investment portfolios for a group of
asuransi, dana pensiun, dan bank yang customers, except for insurance companies,
melakukan sendiri kegiatan usahanya pension funds and banks which carry out their
berdasarkan peraturan perundang-undangan own business activities based on applicable
yang berlaku. laws and regulations.
BRI-MI berkedudukan di Gedung BRI II Lantai BRI-MI is located in BRI Tower II, 25th Floor, Jl.
25, Jl. Jend. Sudirman Kav. 44-46 Jakarta Pusat Jend Sudirman Kav. 44-46, Central Jakarta
10210. 10210.
63
Page 1038
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL POLICIES INFORMATION
Pernyataan Kepatuhan Statement of Compliance
Laporan keuangan konsolidasian pada tanggal The consolidated financial statements as of
31 Desember 2025 dan untuk tahun yang berakhir December 31, 2025, and for year then ended are
pada tanggal tersebut telah disusun dan disajikan prepared and presented in accordance with
sesuai dengan Standar Akuntansi Keuangan Indonesian Financial Accounting Standards (“FAS”),
(”SAK”) Indonesia, yang mencakup Pernyataan which include the Statements (“SFAS”) and
Standar Akuntansi Keuangan (”PSAK”) dan Interpretations (“IFAS”) issued by the Financial
Interpretasi Standar Akuntansi Keuangan (”ISAK”) Accounting Standards Board of the Indonesian
yang diterbitkan oleh Dewan Standar Akuntansi Institute of Accountants and BAPEPAM-LK’s
Keuangan Ikatan Akuntan Indonesia dan Peraturan Regulation No. VIII.G.7, Appendix of the Decision of
Badan Pengawas Pasar Modal dan Lembaga the Chairman of BAPEPAM-LK No. KEP-
Keuangan (”BAPEPAM-LK”) No. VIII.G.7 lampiran 347/BL/2012 dated June 25, 2012 regarding the
keputusan Ketua BAPEPAM-LK No. KEP- “Guidelines on Financial Statements Presentations
347/BL/2012 tanggal 25 Juni 2012 tentang and Disclosures for Issuers or Public Companies”.
“Penyajian dan Pengungkapan Laporan Keuangan
Emiten atau Perusahaan Publik.”
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the consolidated
konsolidasian financial statement
Laporan keuangan konsolidasian disusun The consolidated financial statements have
sesuai dengan PSAK No. 201, ”Penyajian been prepared in accordance with SFAS
Laporan Keuangan”. No. 201, “Presentation of Financial Statements”.
Laporan keuangan konsolidasian telah The consolidated financial statements have
disajikan berdasarkan nilai historis, kecuali been presented on a historical cost basis, except
untuk beberapa akun yang dinilai for some accounts that were assessed using
menggunakan dasar pengukuran lain another measurement basis as explained in the
sebagaimana dijelaskan pada kebijakan accounting policies of the account. The
akuntansi dari akun tersebut. Laporan consolidated financial statements have been
keuangan konsolidasian disusun dengan dasar prepared on accrual basis, except the
akrual, kecuali laporan arus kas konsolidasian. consolidated statement of cash flows.
Laporan arus kas konsolidasian disusun The consolidated statement of cash flows has
dengan menggunakan metode langsung been prepared using the direct method by
dengan mengelompokkan arus kas classifying cash flows into operating, investing
berdasarkan aktivitas operasi, investasi dan and financing activities. For the purposes of the
pendanaan. Untuk keperluan laporan arus kas consolidated statement of cash flows, cash and
konsolidasian, yang termasuk kas dan setara cash equivalents consists of cash, current
kas terdiri dari kas, giro pada Bank Indonesia accounts with Bank Indonesia and current
dan giro pada bank lain, penempatan pada accounts with other banks, placements with
Bank Indonesia dan lembaga keuangan lain, Bank Indonesia and other financial institutions,
Sertifikat Bank Indonesia yang jatuh tempo and Bank Indonesia Certificates maturing within
dalam waktu 3 (tiga) bulan atau kurang sejak 3 (three) months from the date of acquisition,
tanggal perolehan, sepanjang tidak digunakan provided they are neither pledged as collateral
sebagai jaminan atas pinjaman yang diterima for fund borrowings nor restricted.
serta tidak dibatasi penggunaannya.
64
Page 1039
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
a. Dasar penyusunan laporan keuangan a. Basis of preparation of the consolidated
konsolidasian (lanjutan) financial statement (continued)
Mata uang pelaporan yang digunakan dalam The presentation currency used in the
laporan keuangan konsolidasian adalah mata consolidated financial statement is the
uang Rupiah (Rp) yang juga merupakan mata Indonesian Rupiah (Rp) which is also the
uang fungsional setiap entitas dalam grup functional currency of every entity in the group
kecuali entitas anak dan kantor cabang tertentu except the entity certain subsidiaries and branch
yang memiliki mata uang fungsional Dolar office that have a functional currency of the
Amerika Serikat, Dolar Singapura, Dolar United States Dollar, Singaporean Dollar, Hong
Hongkong dan Dolar Taiwan Baru. Angka- Kong Dollar and New Taiwan Dollar. Unless
angka yang disajikan dalam laporan keuangan otherwise stated, all figures presented in the
konsolidasian, kecuali dinyatakan lain, consolidated financial statements are rounded
dibulatkan dalam jutaan Rupiah. off to millions of Rupiah.
b. Prinsip konsolidasian b. Principles of consolidation
Laporan keuangan konsolidasian meliputi The consolidated financial statements include
laporan keuangan BRI dan entitas anak yang the financial statements of BRI and its
mayoritas sahamnya dimiliki atau dikendalikan subsidiaries whose majority of shares are owned
oleh BRI. or controlled by BRI.
Dalam hal pengendalian terhadap entitas anak When control over a subsidiary began or ceased
dimulai atau diakhiri dalam suatu periode during the period, the results of operations of a
berjalan maka hasil usaha entitas anak yang subsidiary are included in the consolidated
diperhitungkan ke dalam laporan keuangan financial statement limited only to the results
konsolidasian hanya sebatas hasil pada saat from the date that control was acquired or up to
pengendalian tersebut mulai diperoleh atau the date that control has ceased.
hingga saat pengendalian itu berakhir.
Pengendalian diperoleh ketika BRI terekspos Control is acquired when BRI is exposed or has
atau memiliki hak atas imbal hasil variabel dari the rights of variable returns from its involvement
keterlibatannya dengan entitas anak dan in a subsidiary and has the ability to affect those
memiliki kemampuan untuk mempengaruhi returns through its power over the subsidiary.
imbal hasil tersebut melalui kekuasaannya
atas entitas anak.
BRI mengendalikan entitas anak jika dan hanya BRI controls a subsidiary if, and only if, BRI has
jika BRI memiliki hal berikut ini: the following:
a) Kekuasaan atas entitas anak (hak yang ada a) Power over a subsidiary (existing rights
saat ini yang memberi kemampuan kini that provide the current ability to direct the
untuk mengarahkan aktivitas relevan yang relevant activities that significantly affect
secara signifikan mempengaruhi imbal hasil the returns of a subsidiary).
entitas anak).
b) Eksposur atau hak atas imbal hasil variabel b) Exposure or right of variable returns from
dari keterlibatannya dengan entitas anak. its involvement in a subsidiary.
c) Kemampuan untuk menggunakan c) The ability to use its power over the
kekuasaannya atas entitas anak untuk subsidiary to affect BRI’s returns.
mempengaruhi jumlah imbal hasil BRI.
65
Page 1040
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
b. Prinsip konsolidasian (lanjutan) b. Principles of consolidation (continued)
Transaksi kombinasi bisnis antara entitas Business combination transactions between
sepengendali dicatat berdasarkan PSAK entities under common control are recorded
No. 338, ”Kombinasi Bisnis Entitas based on SFAS No. 338, ”Business
Sepengendali” dimana selisih harga perolehan Combination of Entities Under Common
yang dibayar dengan nilai tercatat aset neto Control”, where the difference between the
yang diperoleh dicatat sebagai bagian akun acquisition cost and the carrying value of net
tambahan modal disetor di ekuitas. assets acquired is recorded in additional paid-
in capital in equity.
Seluruh saldo dan transaksi antar perusahaan All significant intercompany balances and
yang signifikan termasuk keuntungan atau transactions, including unrealized gain or loss,
kerugian yang belum direalisasi, dieliminasi are eliminated to reflect the financial position and
untuk mencerminkan posisi keuangan dan hasil results of BRI and subsidiaries’ operations as a
usaha BRI dan entitas anak sebagai satu single entity.
kesatuan usaha.
Laporan keuangan konsolidasian disusun The consolidated financial statements are
dengan menggunakan kebijakan akuntansi prepared using accounting policies for similar
yang sama untuk peristiwa dan transaksi events and transactions in identical
sejenis dalam kondisi yang sama. Apabila circumstances. If the subsidiaries’ financial
laporan keuangan entitas anak menggunakan statements use accounting policies that are
kebijakan akuntansi yang berbeda dari different from those adopted in the consolidated
kebijakan akuntansi yang digunakan dalam financial statements, then appropriate
laporan keuangan konsolidasian, maka adjustments are made to the subsidiaries’
dilakukan penyesuaian yang diperlukan financial statements.
terhadap laporan keuangan entitas anak
tersebut.
Kepentingan non-pengendali dinyatakan The non-controlling interest are stated at the
sebesar proporsi pemegang saham minoritas non-controlling shareholders’ proportionate
atas laba neto dan ekuitas entitas anak share in the net income and equity of the
tersebut sesuai dengan persentase subsidiaries based on the percentage of
kepemilikan pemegang saham minoritas pada ownership of the non-controlling shareholders in
entitas anak tersebut. the subsidiaries.
Perubahan dalam bagian kepemilikan entitas Changes in the parent entity's share of
induk pada entitas anak yang tidak ownership in subsidiaries that do not result in
mengakibatkan hilangnya pengendalian, loss of control are recorded as equity
dicatat sebagai transaksi ekuitas. transactions.
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
Aset keuangan terdiri dari kas, giro pada Bank Financial assets consist of cash, current
Indonesia, giro pada bank lain, penempatan accounts with Bank Indonesia, current accounts
pada Bank Indonesia dan lembaga keuangan with other banks, placements with Bank
lain, efek-efek, wesel ekspor dan tagihan Indonesia and other financial institutions,
lainnya, efek-efek yang dibeli dengan janji dijual securities, export bills and other receivables,
kembali, tagihan derivatif, kredit yang diberikan, securities purchased under agreement to resell,
pinjaman syariah, piutang sewa pembiayaan, derivative receivables, loans, sharia loans,
tagihan akseptasi, penyertaan saham dan aset finance lease receivables, acceptance
lain-lain. receivables, investment in shares, and other
assets.
66
Page 1041
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
Liabilitas keuangan terdiri dari liabilitas segera, Financial liabilities consist of liabilities due
simpanan nasabah, simpanan dari bank lain immediately, deposits from customers, deposits
dan lembaga keuangan lain, efek-efek yang from other banks and other financial institutions,
dijual dengan janji dibeli kembali, liabilitas securities sold under agreement to repurchase,
derivatif, liabilitas akseptasi, surat berharga derivative payables, acceptance payables,
yang diterbitkan, pinjaman yang diterima, marketable securities issued, fund borrowings,
liabilitas lain-lain serta pinjaman dan surat other liabilities, and subordinated loans and
berharga subordinasi. marketable securities.
(i) Klasifikasi (i) Classification
Untuk menentukan kategori dan klasifikasi, To determine categories and classifications,
BRI dan entitas anak menilai seluruh aset BRI and its subsidiaries assess all financial
keuangan, kecuali instrumen ekuitas dan assets, except equity and derivative
derivatif, berdasarkan kombinasi dari instruments, based on a combination of
model bisnis pengelolaan aset dan asset management business models and
karakteristik arus kas kontraktual the characteristics of contractual cash flow
instrumen terkait. Berikut klasifikasi aset related instruments. These are the
keuangan pada saat pengakuan awal: classification of financial assets at the time
of initial recognition:
Aset keuangan yang diukur pada biaya Financial assets measured at amortized
perolehan diamortisasi; cost;
Aset keuangan, dalam hal ini instrumen Financial assets, in this case debt
utang, yang diukur pada nilai wajar instruments, as measured at fair value
melalui penghasilan komprehensif lain, through other comprehensive income,
dengan keuntungan/kerugian diakui with gains/losses recognized at the time
pada laba rugi pada saat pelepasan; of derecognition;
Aset keuangan, dalam hal ini instrumen Financial assets, in this case equity
ekuitas, yang diukur pada nilai wajar instruments, as measured at fair value
melalui penghasilan komprehensif lain through other comprehensive income,
dengan keuntungan/kerugian tidak with an unrecognized profit/loss on profit
diakui pada laba rugi pada saat or loss at the time of derecognition; or
pelepasan; atau
Aset keuangan yang diukur pada nilai Financial assets measured at fair value
wajar melalui laba rugi. through profit or loss.
BRI dan entitas anak mengklasifikasi dan BRI and its subsidiaries classify and
mengukur instrumen derivatif dan measure derivative instruments and trading
portofolio trading pada aset keuangan yang portfolios on financial assets recognized at
diakui pada nilai wajar melalui laba rugi. fair value through profit or loss.
Aset keuangan diukur pada biaya Financial assets are measured at amortized
perolehan diamortisasi jika memenuhi cost if they meet the following conditions:
kondisi sebagai berikut:
Aset keuangan dikelola dalam model Financial assets are managed in
bisnis yang bertujuan untuk memiliki a business model that aims to have
aset keuangan dalam rangka financial assets in order to obtain
mendapatkan arus kas kontraktual; dan contractual cash flow; and
Persyaratan kontraktual dari aset The contractual terms of the financial
keuangan tersebut memberikan hak asset provide rights on a certain date for
pada tanggal tertentu atas arus kas cash flow obtained solely from payment
yang diperoleh semata dari of principal and interest on the principal
pembayaran pokok dan bunga dari amount owed.
jumlah pokok terutang.
67
Page 1042
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Aset keuangan diukur pada nilai wajar Financial assets are measured at fair value
melalui penghasilan komprehensif lain jika through other comprehensive income if they
memenuhi kondisi sebagai berikut: meet the following conditions:
Aset keuangan dikelola dalam model Financial assets are managed in
bisnis yang bertujuan untuk a business model that aims to obtain
mendapatkan arus kas kontraktual dan contractual cash flow and sell financial
menjual aset keuangan; dan assets; and
Persyaratan kontraktual dari aset The contractual terms of the financial
keuangan tersebut memberikan hak asset provide rights on a certain date for
pada tanggal tertentu atas arus kas cash flow obtained solely from payment
yang diperoleh semata dari of principal and interest on the principal
pembayaran pokok dan bunga dari amount owed.
jumlah pokok terutang.
Aset keuangan lainnya yang tidak Other financial assets that do not meet the
memenuhi persyaratan untuk requirements to be classified as financial
diklasifikasikan sebagai diukur pada biaya assets measured at amortized cost or fair
perolehan diamortisasi atau nilai wajar value through other comprehensive income,
melalui penghasilan komprehensif lain, are classified as measured at fair value
diklasifikasikan sebagai diukur pada nilai through profit or loss.
wajar melalui laba rugi.
Saat pengakuan awal BRI dan entitas anak At initial recognition, BRI and subsidiaries
dapat membuat penetapan yang tidak can make an irrevocable determination to
dapat dibatalkan untuk mengukur aset measure assets that meet the requirements
yang memenuhi persyaratan untuk diukur to be measured at amortized cost or fair
pada biaya perolehan diamortisasi atau value through other comprehensive income
nilai wajar melalui penghasilan at fair value through profit or loss, if the
komprehensif lain pada nilai wajar melalui determination eliminates or significantly
laba rugi, apabila penetapan tersebut reduces the measurement or recognition
mengeliminasi atau secara signifikan inconsistencies (sometimes referred to as
mengurangi inkonsistensi pengukuran atau "accounting mismatch").
pengakuan (kadang disebut sebagai
“accounting mismatch”).
Pada saat pengakuan awal, BRI dan At initial recognition, BRI and subsidiaries
entitas anak dapat membuat pilihan yang may make an irrevocable choice to present
tidak dapat dibatalkan untuk menyajikan equity instruments that are not held for
instrumen ekuitas yang bukan dimiliki trading at fair value through other
untuk diperdagangkan pada nilai wajar comprehensive income.
melalui penghasilan komprehensif lain.
Penilaian model bisnis Valuation of business models
Model bisnis ditentukan pada level yang The business model is determined at a level
mencerminkan bagaimana kelompok aset that reflects how groups of financial assets
keuangan dikelola bersama-sama untuk are managed together to achieve certain
mencapai tujuan bisnis tertentu. business objectives.
68
Page 1043
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Penilaian model bisnis dilakukan dengan The evaluation of the business model is
mempertimbangkan, tetapi tidak terbatas carried out by considering, but not limited to,
pada, hal-hal berikut: the following:
a. Bagaimana kinerja dari model bisnis a. How the performance of the business
dan aset keuangan yang dimiliki dalam model and financial assets held in the
model bisnis dievaluasi dan dilaporkan business model are evaluated and
kepada personil manajemen kunci BRI reported to the BRI and subsidiaries key
dan entitas anak; management personnel;
b. Apakah risiko yang memengaruhi b. What risks affect the performance of the
kinerja dari model bisnis (termasuk aset business model (including financial
keuangan yang dimiliki dalam model assets held in the business model) and
bisnis) dan khususnya bagaimana cara specifically how the financial assets are
aset keuangan tersebut dikelola; dan managed; and
c. Bagaimana penilaian kinerja pengelola c. How to evaluate the performance of
aset keuangan (sebagai contoh, financial asset manager (for example,
apakah penilaian kinerja berdasarkan whether performance appraisals are
nilai wajar dari aset yang dikelola atau based on the fair value of the managed
arus kas kontraktual yang diperoleh). assets or the contractual cash flows
obtained).
Aset keuangan yang dimiliki untuk Financial assets held for trading and
diperdagangkan dan penilaian kinerja performance appraisals based on fair value
berdasarkan nilai wajar diukur pada nilai are measured at fair value through profit or
wajar melalui laba rugi. loss.
Penilaian mengenai arus kas kontraktual Evaluation of contractual cash flows
yang diperoleh semata dari pembayaran obtained solely from payment of principal
pokok dan bunga and interest
Untuk tujuan penilaian ini, pokok For the purpose of this valuation, principal is
didefinisikan sebagai nilai wajar dari aset defined as the fair value of financial assets
keuangan pada saat pengakuan awal. at initial recognition. Interest is defined as
Bunga didefinisikan sebagai imbalan untuk compensation for the time value of money
nilai waktu atas uang dan risiko kredit and credit risk in relation to the principal
terkait jumlah pokok terutang pada periode amount owed over a certain period of time
waktu tertentu dan juga risiko dan biaya and also the risk and standard borrowing
peminjaman standar, dan juga marjin laba. costs, as well as profit margins.
69
Page 1044
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Penilaian mengenai arus kas kontraktual Evaluation of contractual cash flows
yang diperoleh semata dari pembayaran obtained solely from payment of principal
pokok dan bunga (lanjutan) and interest (continued)
Penilaian mengenai arus kas kontraktual An assessment of contractual cash flows
yang diperoleh semata dari pembayaran obtained solely from principal and interest
pokok dan bunga dilakukan dengan payments is made by considering
mempertimbangkan persyaratan contractual terms, including whether
kontraktual, termasuk apakah aset financial assets contain contractual terms
keuangan mengandung persyaratan that can change the timing or amount of
kontraktual yang dapat mengubah waktu contractual cash flows. In conducting the
atau jumlah arus kas kontraktual. Dalam assessment, BRI and subsidiaries consider:
melakukan penilaian, BRI dan entitas anak
mempertimbangkan:
a. Peristiwa kontinjensi yang akan a. Contingency events that will change the
mengubah waktu atau jumlah arus kas time or amount of contractual cash flow;
kontraktual;
b. Fitur leverage; b. Leverage feature;
c. Persyaratan pembayaran di muka dan c. Terms of advance payment and
perpanjangan kontraktual; contractual extension;
d. Persyaratan mengenai klaim yang d. Requirements regarding limited claims
terbatas atas arus kas yang berasal for cash flows from specific assets; and
dari aset spesifik; dan
e. Fitur yang dapat mengubah nilai waktu e. Features that can change the time value
dari elemen uang. of money.
BRI dan entitas anak mengklasifikasikan BRI and its subsidiaries classify financial
liabilitas keuangan dalam kategori: liabilities in categories:
a. Liabilitas keuangan yang diukur pada a. Financial liabilities measured at fair
nilai wajar melalui laba rugi; dan value through profit or loss; and
b. Liabilitas keuangan yang diukur b. Financial liabilities measured at
dengan biaya perolehan diamortisasi. amortized cost.
Liabilitas keuangan yang diukur pada nilai Financial liabilities measured at fair value
wajar melalui laba rugi terdiri dari 2 (dua) through profit or loss consist of 2 (two) sub-
sub-kategori: categories:
a. Liabilitas keuangan diklasifikasikan a. Financial liabilities classified as traded.
sebagai diperdagangkan.
b. Liabilitas keuangan yang pada saat b. Financial liabilities that at the time of
pengakuan awal telah ditetapkan oleh initial recognition have been determined
BRI dan entitas anak untuk diukur pada by BRI and its subsidiaries to be
nilai wajar melalui laba rugi. measured at fair value through profit or
loss.
70
Page 1045
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Liabilitas keuangan diklasifikasikan Financial liabilities are classified as traded if
sebagai diperdagangkan jika diperoleh acquired primarily for the purpose of being
terutama untuk tujuan dijual atau dibeli sold or repurchased in the near future or if
kembali dalam waktu dekat atau jika they are part of a portfolio of certain financial
merupakan bagian dari portofolio instruments that are jointly managed and
instrumen keuangan tertentu yang dikelola there is evidence of current short-term profit-
bersama dan terdapat bukti mengenai pola taking patterns. Derivatives are classified as
ambil untung dalam jangka pendek yang traded liabilities unless determined and
terkini. Derivatif diklasifikasikan sebagai effective as hedging instruments.
liabilitas diperdagangkan kecuali
ditetapkan dan efektif sebagai instrumen
lindung nilai.
BRI dan entitas anak mengklasifikasikan BRI and subsidiaries classify all financial
seluruh liabilitas keuangan setelah liabilities after initial recognition is measured
pengakuan awal diukur pada biaya at amortized acquisition costs, except:
perolehan diamortisasi, kecuali:
Liabilitas keuangan yang diukur pada Financial liabilities measured at fair
nilai wajar melalui laba rugi; value through profit or loss;
Liabilitas keuangan yang timbul ketika Financial liabilities arising when the
pengalihan aset keuangan tidak transfer of financial assets do not qualify
memenuhi syarat penghentian for termination of recognition or when an
pengakuan atau ketika pendekatan ongoing engagement approach is
keterlibatan berkelanjutan diterapkan; implemented;
Kontrak jaminan keuangan; Financial guarantee contracts;
Komitmen untuk menyediakan Commitment to provide loans with
pinjaman dengan suku bunga di bawah below-market interest rates; or
pasar; atau
Imbalan kontinjensi yang diakui oleh Contingency rewards recognized by the
pihak pengakuisisi dalam kombinasi acquirer in a combination of businesses.
bisnis.
(ii) Pengakuan awal (ii) Initial recognition
a. Pembelian atau penjualan aset a. Purchase or sale of financial assets that
keuangan yang memerlukan requires transfer of assets within a time
penyerahan aset dalam kurun waktu frame specified by regulations and
yang telah ditetapkan oleh peraturan normal course of business is
dan kebiasaan yang berlaku di pasar recognized on the trade date.
(pembelian secara reguler) diakui
pada tanggal transaksi.
71
Page 1046
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(ii) Pengakuan awal (lanjutan) (ii) Initial recognition (continued)
b. Aset keuangan dan liabilitas keuangan b. The financial assets and financial
pada awalnya diukur pada nilai liabilities are initially measured at their
wajarnya. Dalam hal aset keuangan fair value. In the case of financial assets
atau liabilitas keuangan tidak diukur or financial liabilities that are not
pada nilai wajar melalui laba rugi, nilai measured at fair value through profit or
wajar tersebut ditambah biaya loss, the fair value is increased by
transaksi yang dapat diatribusikan transaction costs that can be directly
secara langsung. Pengukuran aset attributed. The measurement of
keuangan dan liabilitas keuangan financial assets and financial liabilities
setelah pengakuan awal tergantung after initial recognition depends on their
pada klasifikasinya. classification.
Biaya transaksi hanya meliputi biaya-biaya Transaction costs only include costs that are
yang dapat diatribusikan secara langsung directly attributable to the acquisition of a
untuk perolehan suatu aset keuangan atau financial asset or issuance of a financial
penerbitan suatu liabilitas keuangan dan liability and are additional costs that would
merupakan biaya tambahan yang tidak not occur if the financial instrument is not
akan terjadi apabila instrumen keuangan acquired or issued. For financial assets,
tersebut tidak diperoleh atau diterbitkan. transaction costs are added to the amount
Untuk aset keuangan, biaya transaksi recognized in the initial recognition of the
ditambahkan pada jumlah yang diakui asset, while for financial liabilities,
pada awal pengakuan aset, sedangkan transaction costs are deducted from the
untuk liabilitas keuangan, biaya transaksi amount of debt recognized in the initial
dikurangkan dari jumlah utang yang diakui recognition of a liability. These transaction
pada pengakuan awal liabilitas. Biaya costs are amortized over the life of the
transaksi tersebut diamortisasi selama instrument based on the effective interest
umur instrumen berdasarkan metode suku rate method and recorded as part of interest
bunga efektif dan dicatat sebagai bagian income for transaction costs related to the
dari pendapatan bunga untuk biaya financial asset or as part of interest expense
transaksi sehubungan dengan aset for transaction costs related to financial
keuangan atau sebagai bagian dari beban liabilities.
bunga untuk biaya transaksi sehubungan
dengan liabilitas keuangan.
(iii) Pengukuran setelah pengakuan awal (iii) Subsequent measurement
Aset keuangan dalam kelompok yang Financial assets held at fair value through
diukur pada nilai wajar melalui penghasilan other comprehensive income are measured
komprehensif lain diukur pada nilai at fair value and changes in fair value are
wajarnya dan perubahan atas nilai wajar recorded in other comprehensive income.
tersebut dicatat pada penghasilan
komprehensif lain.
Aset keuangan dan liabilitas keuangan Financial assets and liabilities held at fair
yang diukur pada nilai wajar melalui laba value through profit or loss are measured at
rugi diukur pada nilai wajarnya dan fair value and changes are recognized in
perubahan diakui pada laba rugi. profit or loss.
Aset keuangan dan liabilitas keuangan Financial assets and liabilities measured at
yang diukur pada biaya perolehan amortized cost are measured using the
diamortisasi dengan menggunakan effective interest rate method.
metode suku bunga efektif.
72
Page 1047
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(iv) Penghentian pengakuan (iv) Derecognition
a. Aset keuangan dihentikan a. Financial assets are derecognized
pengakuannya jika: when:
1) Hak kontraktual atas arus kas yang 1) The contractual rights to receive
berasal dari aset keuangan tersebut cash flows arising from the financial
berakhir; atau assets have expired; or
2) BRI dan entitas anak mentransfer 2) BRI and subsidiaries have
hak untuk menerima arus kas yang transferred their rights to receive
berasal dari aset keuangan atau cash flows arising from the financial
menanggung liabilitas untuk assets or has assumed an
membayarkan arus kas yang obligation to pay the cash flows
diterima tersebut secara penuh received in full without significant
tanpa penundaan berarti kepada delay to third parties under a pass-
pihak ketiga di bawah kesepakatan through arrangement; and either (a)
pelepasan (pass-through BRI and subsidiaries have
arrangement); dan antara (a) BRI substantially transferred all the risks
dan entitas anak telah mentransfer and rewards of the assets, or (b) BRI
secara substansial seluruh risiko and subsidiaries have neither
dan manfaat atas aset, atau (b) BRI transferred nor retained
dan entitas anak tidak mentransfer substantially all the risks and
maupun tidak memiliki secara rewards of the assets, but have
substansial seluruh risiko dan transferred control of the assets.
manfaat atas aset, namun telah
mentransfer kendali atas aset.
Ketika BRI dan entitas anak telah When BRI and subsidiaries have
mentransfer hak untuk menerima arus transferred its rights to receive cash
kas dari aset atau telah memasuki flows from an asset or has entered into a
pass-through arrangement dan tidak pass-through arrangement and has
mentransfer serta tidak neither transferred nor retained
mempertahankan secara substansial substantially all the risks and rewards of
seluruh risiko dan manfaat atas aset the asset or has not transferred the
atau tidak mentransfer kendali atas control of the asset, the asset is
aset, aset diakui sebesar keterlibatan recognized to the extent of BRI and
BRI dan entitas anak yang subsidiaries implication of the asset.
berkelanjutan atas aset tersebut.
73
Page 1048
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(iv) Penghentian pengakuan (lanjutan) (iv) Derecognition (continued)
a. Aset keuangan dihentikan a. Financial assets are derecognized
pengakuannya jika (lanjutan): when (continued):
BRI dan entitas anak melepaskan aset BRI and subsidiaries derecognize
keuangan, seperti kredit yang financial assets, such as loans, when the
diberikan, ketika syarat dan kondisi terms and conditions have been
telah direnegosiasi hingga secara renegotiated substantially, so that the
substansial, kredit yang diberikan granted loan becomes new, with the
tersebut menjadi baru, dengan difference being recorded as a profit or
perbedaan akan dicatat sebagai loss from the derecognition, if the
keuntungan atau kerugian dari impairment loss has not been recorded.
pelepasan, jika kerugian penurunan Such loan will be classified as Stage 1
nilai belum dicatat. Kredit yang for Expected Credit Losses (ECL)
diberikan tersebut akan diklasifikasikan assessment, unless the granted loan is
sebagai Stage 1 untuk penilaian considered a purchased or derived
Expected Credit Losses (ECL), kecuali financial asset (Purchased or Originated
kredit yang diberikan tersebut dianggap Credit-Impaired Financial Assets -
aset keuangan yang dibeli atau yang POCI).
berasal dari aset keuangan memburuk
(Purchased or Originated Credit-
Impaired financial assets - POCI).
Jika modifikasi tidak akan If the modification will not result in a cash
menghasilkan arus kas yang secara flow that is substantially different, then
substansi berbeda, maka modifikasi the modification will not result in the
tidak akan berujung pada pelepasan derecognition of the asset. Based on the
aset. Berdasarkan perbedaan arus kas difference in cash flow discounted at the
yang didiskonto pada Effective Interest initial Effective Interest Rate (EIR), BRI
Rate (EIR) awal, BRI akan mencatat will record gains or losses resulting from
keuntungan atau kerugian akibat modifications, up to the amount of
modifikasi, sampai dengan jumlah impairment losses that have not been
kerugian penurunan nilai yang belum recognized.
diakui.
Pinjaman dan instrumen utang Loans and debt instruments are written
dihapusbukukan ketika tidak ada off when there is no realistic prospect of
prospek yang realistis untuk recovering financial assets in whole or in
memulihkan aset keuangan secara part. This generally occurs when the BRI
keseluruhan atau secara parsial. Hal ini and subsidiaries determines that the
pada umumnya terjadi ketika BRI dan borrower does not have assets or
entitas anak menentukan bahwa sources of income that can generate
peminjam tidak memiliki aset atau sufficient cash flow to pay the amount
sumber penghasilan yang dapat written off. However, the written off
menghasilkan arus kas yang cukup financial assets can still be carried out in
untuk membayar jumlah yang accordance with the BRI and
dihapusbukukan. Namun, aset subsidiaries’ mitigation procedures in
keuangan yang dihapusbukukan masih order to recover the amount due.
bisa dilakukan tindakan penyelamatan
sesuai dengan prosedur BRI dan
entitas anak dalam rangka pemulihan
jumlah yang jatuh tempo.
74
Page 1049
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(iv) Penghentian pengakuan (lanjutan) (iv) Derecognition (continued)
a. Aset keuangan dihentikan a. Financial assets are derecognized
pengakuannya jika (lanjutan): when (continued):
Pada saat aset keuangan dihentikan When a financial asset is derecognized
pengakuannya atau terjadi penurunan or an impairment occurs, the cumulative
nilai, maka keuntungan atau kerugian gain or loss previously recognized both
kumulatif yang sebelumnya diakui in equity must be reclassified to the
dalam ekuitas harus direklasifikasi ke consolidated statement of profit or loss
laporan laba rugi dan penghasilan and other comprehensive income.
komprehensif lain konsolidasian.
b. Liabilitas keuangan dihentikan b. Financial liabilities are derecognized
pengakuannya jika liabilitas keuangan when they end, that is when the
tersebut berakhir, yaitu ketika liabilitas liabilities under the contract is
yang ditetapkan dalam kontrak discharged, cancelled or has expired.
dilepaskan, dibatalkan atau
kedaluwarsa.
Jika suatu liabilitas keuangan yang ada When an existing financial liability is
digantikan dengan yang lain oleh replaced by another from the same
pemberi pinjaman yang sama pada creditor on a substantially different
keadaan yang secara substansial terms, or the terms of an existing liability
berbeda, atau berdasarkan suatu are substantially modified, then the
liabilitas yang ada yang secara exchange or modification is treated as
substansial telah diubah, maka derecognition of the initial liability
pertukaran atau modifikasi tersebut amount and the recognition of a new
diperlakukan sebagai penghentian liability and the difference in the
pengakuan liabilitas awal dan respective carrying amounts is
pengakuan liabilitas baru dan recognized in the consolidated
perbedaan nilai tercatat masing-masing statement of profit or loss and other
diakui dalam laporan laba rugi dan comprehensive income.
penghasilan komprehensif lain
konsolidasian.
(v) Pengakuan pendapatan dan beban (v) Income and expense recognition
a. Pendapatan dan beban bunga, untuk a. Interest income and expense on
aset yang diukur pada nilai wajar financial assets measured at fair value
melalui penghasilan komprehensif lain through other comprehensive income
serta aset keuangan dan liabilitas as well as financial assets and financial
keuangan yang dicatat berdasarkan liabilities recorded at amortized cost are
biaya perolehan diamortisasi, diakui recognized in the consolidated
pada laporan laba rugi dan penghasilan statement of profit or loss and other
komprehensif lain konsolidasian comprehensive income using the
dengan menggunakan suku bunga effective interest method.
efektif.
b. Keuntungan dan kerugian yang timbul b. Gains and losses arising from changes
dari perubahan nilai wajar aset in the fair value of the financial assets
keuangan dan liabilitas keuangan yang and liabilities measured at fair value
diukur pada nilai wajar melalui laba rugi, through profit or loss are included in the
diakui pada laporan laba rugi dan consolidated statement of profit or loss
penghasilan komprehensif lain and other comprehensive income.
konsolidasian.
75
Page 1050
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(v) Pengakuan pendapatan dan beban (v) Income and expense recognition
(lanjutan) (continued)
c. Keuntungan dan kerugian yang timbul c. Gains and losses arising from changes
dari perubahan nilai wajar dan lainnya in the fair value of financial assets
atas aset keuangan yang classified as at fair value through other
diklasifikasikan dalam kelompok nilai comprehensive income are recognized
wajar melalui penghasilan directly in equity, except for gains or
komprehensif lain diakui secara losses due to changes in the exchange
langsung dalam ekuitas, kecuali rate of monetary items, derecognition or
keuntungan atau kerugian akibat impairment of the financial asset.
perubahan nilai tukar dari item moneter,
dihentikan pengakuannya atau adanya
penurunan nilai dari aset keuangan
tersebut.
Jumlah tercatat bruto aset keuangan The gross carrying amount of a financial
adalah biaya perolehan diamortisasi aset asset is the amortized cost of a financial
keuangan sebelum disesuaikan dengan asset before adjusted by allowance for
cadangan penurunan nilai. impairment.
Dalam menghitung pendapatan dan beban In calculating interest income and expenses,
bunga, tingkat bunga efektif diterapkan the effective interest rate is applied to the
pada jumlah tercatat bruto aset (ketika aset gross carrying amount of an asset (when the
tersebut bukan aset keuangan memburuk) asset is not a deteriorated financial asset) or
atau terhadap biaya perolehan diamortisasi to the amortized cost of a liability.
dari liabilitas.
Untuk aset keuangan yang memburuk For financial assets that have deteriorated
setelah pengakuan awal, pendapatan after initial recognition, interest income is
bunga dihitung dengan menerapkan calculated by applying an effective interest
tingkat bunga efektif terhadap biaya rate to the amortized cost of the financial
perolehan diamortisasi dari aset keuangan assets. If the asset no longer deteriorates,
tersebut. Jika aset tersebut tidak lagi the calculation of interest income will be
memburuk, maka perhitungan pendapatan calculated by applying an effective interest
bunga akan dihitung dengan menerapkan rate to the gross carrying amount of the
tingkat bunga efektif terhadap nilai tercatat financial asset.
bruto dari aset keuangan tersebut.
Untuk aset keuangan yang telah For financial assets that have deteriorated at
memburuk pada saat pengakuan awal, initial recognition, interest income is
pendapatan bunga dihitung dengan calculated by applying the effective interest
menerapkan tingkat bunga efektif terhadap rate to the amortized cost of the financial
biaya perolehan diamortisasi dari aset assets. If the asset no longer deteriorates,
keuangan tersebut. Jika aset tersebut tidak the calculation of interest income will still be
lagi memburuk, maka perhitungan calculated by applying the effective interest
pendapatan bunga akan tetap dihitung rate to the amortized cost of the financial
dengan menerapkan tingkat bunga efektif asset.
terhadap biaya perolehan diamortisasi dari
aset keuangan tersebut.
76
Page 1051
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(vi) Reklasifikasi aset keuangan (vi) Reclassification of financial assets
BRI dan entitas anak mereklasifikasi aset BRI and subsidiaries reclassifies financial
keuangan jika dan hanya jika, model bisnis assets if and only if, the business model for
untuk pengelolaan aset keuangan managing financial assets changes. There
berubah. Tidak terdapat reklasifikasi untuk is no reclassification for financial liabilities.
liabilitas keuangan.
(vii) Saling hapus (vii) Offsetting
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset and
dilakukan saling hapus dan nilai netonya the net amount is presented in the
disajikan dalam laporan posisi keuangan consolidated statement of financial position
konsolidasian jika dan hanya jika BRI dan if and only if, BRI and its subsidiaries has
entitas anak memiliki hak yang a legal right to offset the recognized
berkekuatan hukum untuk melakukan amounts and intends either to settle on
saling hapus atas jumlah yang telah diakui a net basis or to realize the asset and settle
tersebut dan adanya maksud untuk the liability simultaneously.
menyelesaikan secara neto atau untuk
merealisasikan aset dan menyelesaikan
liabilitasnya secara simultan.
Hal yang berkekuatan hukum harus tidak The legally enforceable right must not be
kontinjen atas peristiwa di masa depan dan contingent on future events and must be
harus dapat dipaksakan di dalam situasi enforceable in the normal course of
bisnis yang normal, peristiwa kegagalan business, event of default, or bankruptcy of
atau kebangkrutan dari entitas atas seluruh the entity over all the counterparties.
pihak lawan.
Pendapatan dan beban disajikan dalam Income and expenses are presented on
jumlah neto hanya jika diperkenankan oleh a net basis only when permitted by
Standar Akuntansi Keuangan Indonesia. the Indonesian Financial Accounting
Standards.
(viii) Pengukuran biaya diamortisasi (viii) Amortized cost measurement
Biaya perolehan diamortisasi dari aset The amortized cost of a financial asset or
keuangan atau liabilitas keuangan adalah financial liability is the amount of the
jumlah aset keuangan atau liabilitas financial asset or financial liability measured
keuangan yang diukur pada saat at initial recognition, less principal
pengakuan awal dikurangi pembayaran repayments, plus or minus the cumulative
pokok pinjaman, ditambah atau dikurangi amortization using the effective interest rate
amortisasi kumulatif menggunakan metode method calculated from the difference
suku bunga efektif yang dihitung dari between the amount at initial recognition
selisih antara nilai pengakuan awal dan and the amount at maturity, less any
nilai jatuh temponya dan dikurangi impairment.
penurunan nilai.
77
Page 1052
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(ix) Pengukuran nilai wajar (ix) Fair value measurement
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be
untuk menjual suatu aset atau harga yang received to sell an asset or paid to transfer
akan dibayar untuk mengalihkan suatu a liability in an orderly transaction between
liabilitas dalam transaksi teratur antara market participants at the measurement
pelaku pasar pada tanggal pengukuran. date.
Pengukuran nilai wajar mengasumsikan The fair value measurement is based on
bahwa transaksi untuk menjual aset atau the assumption that the transaction to sell
mengalihkan liabilitas terjadi: an asset or to transfer a liability takes place
either:
Di pasar utama untuk aset dan liabilitas In the principal market for the assets
tersebut; atau and liabilities; or
Jika tidak terdapat pasar utama, di In the absence of a principal market, in
pasar yang paling menguntungkan the most advantageous market for the
untuk aset atau liabilitas tersebut. asset or liability.
Nilai wajar suatu aset atau liabilitas diukur The fair value of an asset or a liability is
menggunakan asumsi yang akan measured using the assumptions that
digunakan pelaku pasar ketika menentukan market participants would use when
harga aset dan liabilitas tersebut dengan determining the price of the asset and
asumsi bahwa pelaku pasar bertindak liability assuming that market participants
dalam kepentingan ekonomik terbaiknya. act in their own best economic interest.
BRI dan entitas anak menggunakan teknik BRI and its subsidiaries use valuation
penilaian yang sesuai dalam keadaan dan techniques that are appropriate in the
dimana data yang memadai tersedia untuk circumstances and for which sufficient
mengukur nilai wajar, memaksimalkan data are available to measure fair value,
penggunaan input yang dapat diobservasi maximizing the use of relevant observable
yang relevan, dan meminimalkan inputs and minimizing the use of
penggunaan input yang tidak dapat unobservable inputs.
diobservasi.
Semua aset dan liabilitas dimana nilai wajar All assets and liabilities for which fair value
diukur atau diungkapkan dalam laporan is measured or disclosed in the
keuangan konsolidasian dapat consolidated financial statement are
dikategorikan pada level hierarki nilai wajar, classified within a fair value hierarchy,
berdasarkan tingkatan input terendah yang based on the lowest input level significant
signifikan atas pengukuran nilai wajar to the overall fair value measurement:
secara keseluruhan:
Level 1: Harga kuotasian (tanpa Level 1: Quoted prices (unadjusted)
penyesuaian) di pasar aktif in active markets for identical
untuk aset atau liabilitas yang assets or liabilities accessible
identik yang dapat diakses at the measurement date.
pada tanggal pengukuran.
Level 2: Input selain harga kuotasian Level 2: Inputs other than quoted
yang termasuk dalam level 1 prices included in level 1 for
yang dapat diobservasi the assets and liabilities,
untuk aset dan liabilitas, baik which is directly or indirectly
secara langsung atau tidak observable.
langsung.
Level 3 : Input yang tidak dapat Level 3: Unobservable inputs for the
diobservasi untuk aset dan assets and liabilities.
liabilitas.
78
Page 1053
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(ix) Pengukuran nilai wajar (lanjutan) (ix) Fair value measurement (continued)
Untuk aset dan liabilitas yang diakui pada For assets and liabilities recognized in the
laporan keuangan konsolidasian secara consolidated financial statement on
berulang, BRI dan entitas anak a recurring basis, BRI and subsidiaries
menentukan apakah terjadi transfer antara determine whether transfers have
level di dalam hierarki dengan cara occurred between levels in the hierarchy
mengevaluasi kategori (berdasarkan input by re-assess the categories (based on the
level terendah yang signifikan dalam lowest input level significant to the fair
pengukuran nilai wajar) setiap akhir value measurement) at the end of each
periode pelaporan. reporting period.
BRI dan entitas anak untuk tujuan For the fair value disclosures purposes,
pengungkapan nilai wajar telah BRI and subsidiaries have determined the
menentukan kelas aset dan liabilitas classes of assets and liabilities based on
berdasarkan sifat, karakteristik, risiko aset the nature, characteristics, risks of the
dan liabilitas, dan level hierarki nilai wajar asset and liability, and the level of the fair
(Catatan 40). value hierarchy (Note 40).
(x) Aset keuangan sukuk (x) Sukuk financial assets
Berdasarkan PSAK No. 410, BRI dan Based on SFAS No. 410, BRI and
entitas anak menentukan klasifikasi subsidiaries determine the classification of
investasi pada sukuk sebagai berikut: investment in sukuk as follows:
a. Diukur pada biaya perolehan a. Measured at acquisition cost
Investasi tersebut dimiliki dalam suatu The investment is owned in
model usaha yang bertujuan utama a business model whose main
untuk memperoleh arus kas purpose is to obtain contractual cash
kontraktual dan terdapat persyaratan flows and there are contractual
kontraktual dalam menentukan requirements in determining
tanggal tertentu atas pembayaran a certain date for the payment of
pokok dan atau hasilnya. principal and/or results.
Biaya perolehan sukuk termasuk Sukuk acquisition costs include
biaya transaksi, dan selisih antara transaction costs, and the difference
biaya perolehan dan nilai nominal between acquisition cost and par
diamortisasi secara garis lurus value is amortized in a straight line
selama jangka waktu sukuk dan over the term of the sukuk and
diakui dalam laba rugi. recognized in profit and loss.
b. Diukur pada nilai wajar melalui b. Measured at fair value through other
penghasilan komprehensif lain comprehensive income
Investasi tersebut dimiliki dalam suatu The investment is owned in
model usaha yang bertujuan utama a business model whose main
untuk memperoleh arus kas purpose is to obtain contractual cash
kontraktual dan melakukan penjualan flow and make sukuk sales, there are
sukuk, terdapat persyaratan contractual requirements in
kontraktual dalam menentukan determining a certain date for the
tanggal tertentu atas pembayaran payment of principal and/or proceeds.
pokok dan atau hasilnya.
79
Page 1054
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Aset keuangan dan liabilitas keuangan c. Financial assets and financial liabilities
(lanjutan) (continued)
(x) Aset keuangan sukuk (lanjutan) (x) Sukuk financial assets (continued)
Berdasarkan PSAK No. 410, BRI dan Based on SFAS No. 410, BRI and
entitas anak menentukan klasifikasi subsidiaries determine the classification of
investasi pada sukuk sebagai berikut investment in sukuk as follows (continued):
(lanjutan):
b. Diukur pada nilai wajar melalui b. Measured at fair value through other
penghasilan komprehensif lain comprehensive income (continued)
(lanjutan)
Biaya perolehan sukuk termasuk Sukuk acquisition costs include
biaya transaksi, dan selisih antara transaction costs, and the difference
biaya perolehan dan nilai nominal between acquisition cost and par
diamortisasi secara garis lurus value is amortized in a straight line
selama jangka waktu sukuk dan over the term of the sukuk and
diakui dalam laba rugi. recognized in profit and loss.
Keuntungan atau kerugian dari The gain or loss from the change in
perubahan nilai wajar diakui dalam fair value is recognized in other
penghasilan komprehensif lain comprehensive income after
setelah memperhitungkan saldo accounting for the balance of the
selisih biaya perolehan dan nilai difference between acquisition cost
nominal yang belum diamortisasi dan and unamortized par value and the
saldo akumulasi keuntungan atau accumulated balance of the gain or
kerugian nilai wajar yang telah diakui loss of fair value that has been
dalam penghasilan komprehensif lain recognized in other previous
sebelumnya. Ketika investasi sukuk comprehensive income. When sukuk
dihentikan pengakuannya, akumulasi investments derecognized,
keuntungan atau kerugian yang accumulated gains or losses
sebelumnya diakui dalam previously recognized in other
penghasilan komprehensif lain comprehensive income are
direklasifikasi ke laba rugi. reclassified to profit and loss.
c. Diukur pada nilai wajar melalui laba rugi c. Measured at fair value through profit
and loss
Biaya perolehan sukuk tidak termasuk The cost of sukuk acquisition does not
biaya transaksi, dan selisih antara nilai include transaction costs, and the
wajar dan jumlah tercatat diakui dalam difference between fair value and
laba rugi. carrying amount is recognized in profit
and loss.
80
Page 1055
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
d. Transaksi dengan pihak-pihak berelasi d. Transactions with related parties
BRI dan entitas anaknya melakukan transaksi BRI and subsidiaries engage in transactions
dengan pihak-pihak berelasi seperti yang with related parties as defined in SFAS No. 224
didefinisikan dalam PSAK No. 224 tentang on “Related Parties Disclosures”.
“Pengungkapan Pihak-Pihak Berelasi".
Suatu pihak dianggap berelasi dengan BRI dan A party is considered related parties to BRI and
entitas anak jika: subsidiaries if:
1) Secara langsung atau tidak langsung yang 1) Directly or indirectly, through one or more
melalui satu atau lebih perantara, suatu intermediaries, a party (i) controls, or is
pihak (i) mengendalikan, atau dikendalikan controlled by, or is under common control
oleh, atau berada di bawah pengendalian with BRI and subsidiaries; (ii) has an
bersama, dengan BRI dan entitas anak; (ii) interest in BRI and subsidiaries that
memiliki kepentingan dalam BRI dan entitas provides significant influence on BRI and
anak yang memberikan pengaruh signifikan subsidiaries; or (iii) has joint control over
atas BRI dan entitas anak; atau (iii) memiliki BRI and subsidiaries;
pengendalian bersama atas BRI dan entitas
anak;
2) Suatu pihak yang berada dalam kelompok 2) It is a related entity with BRI and
usaha yang sama dengan BRI dan entitas subsidiaries;
anak;
3) Suatu pihak adalah ventura bersama di 3) It is a joint venture in which BRI and
mana BRI dan entitas anak sebagai subsidiaries have ventured in;
venturer;
4) Suatu pihak adalah anggota dari personil 4) It is a member of key management
manajemen kunci BRI dan entitas anak; personnel in BRI and subsidiaries or the
parent entity;
5) Suatu pihak adalah anggota keluarga dekat 5) It is a close family member of the individual
dari individu yang diuraikan dalam butir (1) described in clause (1) or (4);
atau (4);
6) Suatu pihak adalah entitas yang 6) It is an entity that is controlled, jointly
dikendalikan, dikendalikan bersama atau controlled or significantly influenced by or
dipengaruhi signifikan oleh atau untuk for whom has significant voting rights in
dimana hak suara signifikan pada beberapa several entities, directly or indirectly, by the
entitas, langsung maupun tidak langsung, individual described in clause (4) or (5); and
individu seperti diuraikan dalam butir (4)
atau (5); dan
7) Suatu pihak adalah suatu program imbalan 7) It is a post-employment benefit plan for the
pasca kerja untuk imbalan kerja dari BRI employees benefit of either BRI and
dan entitas anak atau entitas yang terkait subsidiaries or entities related to BRI and
dengan BRI dan entitas anak. subsidiaries.
Transaksi dengan pihak berelasi dilakukan Transactions with related parties are carried out
berdasarkan persyaratan yang disetujui oleh based on terms agreed between both parties,
kedua belah pihak, yang mungkin tidak sama which may not be the same as other
dengan transaksi lain yang dilakukan dengan transactions carried out with unrelated parties.
pihak-pihak yang tidak berelasi.
Seluruh transaksi dan saldo yang material All material transactions and balances with
dengan pihak-pihak berelasi diungkapkan related parties are disclosed in the relevant
dalam catatan atas laporan keuangan notes to the consolidated financial statement
konsolidasian yang relevan dan rinciannya telah and the details have been presented in Note 44
disajikan dalam Catatan 44 atas laporan to the consolidated financial statements.
keuangan konsolidasian.
81
Page 1056
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan financial assets
BRI dan entitas anak mengakui cadangan BRI and subsidiaries recognize the allowance
kerugian penurunan nilai pada instrumen for expected credit losses on financial
keuangan yang tidak diukur pada nilai wajar instruments that are not measured at fair value
melalui laba rugi. through profit or loss.
BRI dan entitas anak mengukur cadangan BRI and subsidiaries measure the allowance for
kerugian penurunan nilai sejumlah kerugian losses for the lifetime of an expected credit loss,
kredit ekspektasian seumur hidup, kecuali untuk except for the following, which are measured
hal berikut, diukur sejumlah kerugian kredit according to 12 months expected credit loss:
ekspektasian 12 bulan:
a. Instrumen utang yang memiliki risiko kredit a. Debt instruments that have low credit risk at
rendah pada tanggal pelaporan; dan the reporting date; and
b. Instrumen keuangan lainnya yang risiko b. Other financial instruments for which credit
kreditnya tidak meningkat secara signifikan risk has not increased significantly since
sejak pengakuan awal. initial recognition.
BRI dan entitas anak menganggap instrumen BRI and subsidiaries consider debt instruments
utang memiliki risiko kredit yang rendah ketika to have low credit risk when the credit risk rating
peringkat risiko kreditnya setara dengan definisi is at par with the globally accepted definition of
investment grade yang dipahami secara global. investment grade.
Kerugian kredit ekspektasian 12 bulan adalah The 12 months expected credit loss is part of the
bagian dari kerugian kredit ekspektasian expected credit loss throughout its lifetime that
sepanjang umurnya yang merepresentasikan represents an expected credit loss arising from
kerugian kredit ekspektasian yang timbul dari a default on financial instruments that might
peristiwa gagal bayar instrumen keuangan yang occur 12 months after reporting date.
mungkin terjadi dalam 12 bulan setelah tanggal
pelaporan.
Kerugian yang terjadi diakui pada laporan laba The loss that occurred is recognized in the
rugi dan penghasilan komprehensif lain consolidated statements of profit or loss and
konsolidasian dan dicatat pada akun cadangan other comprehensive income and recorded on
kerugian penurunan nilai sebagai pengurang the allowance account for impairment losses as
terhadap aset keuangan yang dicatat pada a deduction for financial assets recorded at
biaya perolehan diamortisasi. Jika pada suatu amortized costs. If in the following period, the
periode berikutnya, jumlah kerugian penurunan amount of impairment losses decreases and the
nilai berkurang dan pengurangan tersebut dapat deduction can be objectively attributed to events
dikaitkan secara objektif pada peristiwa yang that occur after the impairment is recognized
terjadi setelah penurunan nilai diakui (seperti (such as the increase in the debtor or issuer's
meningkatnya peringkat kredit debitur atau credit rating), then the previously recognized
penerbit) maka kerugian penurunan nilai yang impairment loss must be recovered, by adjusting
sebelumnya diakui harus dipulihkan dengan the allowance account. The amount of recovery
menyesuaikan akun cadangan. Jumlah of financial assets is recognized in the
pemulihan aset keuangan diakui pada laporan consolidated statements of profit or loss and
laba rugi dan penghasilan komprehensif lain other comprehensive income in the current
konsolidasian pada periode berjalan. period.
82
Page 1057
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
Cadangan kerugian penurunan nilai untuk Expected credit losses for debt instruments
instrumen utang yang diukur pada nilai wajar measured at fair value through other
melalui penghasilan komprehensif lain tidak comprehensive income do not reduce the
mengurangi nilai tercatat di dalam aset carrying value in financial assets in the
keuangan di laporan posisi keuangan consolidated statements of financial position,
konsolidasian, yaitu nilai wajar. Cadangan i.e. fair value. Expected credit losses are
kerugian penurunan nilai diakui sebagai recognized as an increase in other
penambah dari penghasilan komprehensif comprehensive income in the statement of
lainnya di dalam laporan posisi keuangan. financial position.
Instrumen ekuitas yang diukur pada nilai wajar Equity instruments measured at fair value are not
tidak dilakukan penilaian penurunan nilai sesuai assessed for impairment in accordance with
PSAK No. 109. SFAS No. 109.
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Losses
Kerugian Kredit Ekspektasian adalah estimasi Expected Credit Loss is an estimate of the
probabilitas tertimbang dari kerugian kredit yang weighted probability of a credit loss measured
diukur sebagai berikut: as follows:
Aset keuangan yang tidak memburuk pada Financial assets that do not deteriorate at the
tanggal pelaporan, kerugian kredit reporting date, the expected credit loss is
ekspektasian diukur sebesar selisih antara measured at the difference between the
nilai kini dari seluruh kekurangan kas (yaitu present value of all cash shortages (i.e. the
selisih antara arus kas yang terutang kepada difference between the cash flows owed to
BRI dan entitas anak sesuai dengan kontrak the BRI and subsidiaries in accordance with
dan arus kas yang diperkirakan akan the contract and the cash flows expected to
diterima oleh BRI dan entitas anak); be received by the BRI and subsidiaries);
Aset keuangan yang memburuk pada Financial assets that deteriorate at the
tanggal pelaporan, kerugian kredit reporting date, the expected credit loss is
ekspektasian diukur sebesar selisih antara measured at the difference between the
jumlah tercatat bruto dan nilai kini arus kas gross carrying amount and the present value
masa depan yang diestimasi; of estimated future cash flows;
Komitmen pinjaman yang belum ditarik, Undisbursed loan commitments, expected
kerugian kredit ekspektasian diukur sebesar credit losses are measured at the difference
selisih antara nilai kini jumlah arus kas jika between the present value of the amount of
komitmen ditarik dan arus kas yang cash flow if the commitments is withdrawn
diperkirakan akan diterima oleh BRI dan and the cash flow expected to be received by
entitas anak; dan the Bank;
Kontrak jaminan keuangan, kerugian kredit Financial guarantee contracts, expected
ekspektasian diukur sebesar selisih antara credit losses are measured at the difference
pembayaran yang diperkirakan untuk between the estimated payments to replace
mengganti pemegang atas kerugian kredit the holder for the credit losses incurred less
yang terjadi dikurangi jumlah yang the amount estimated to be recoverable.
diperkirakan dapat dipulihkan.
83
Page 1058
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
Aset Keuangan yang Direstrukturisasi Restructured Financial Asset
Jika ketentuan aset keuangan dinegosiasikan If the terms of the financial assets are
ulang atau dimodifikasi atau aset keuangan renegotiated or modified or the existing financial
yang ada diganti dengan yang baru karena assets are replaced with new ones due to the
kesulitan keuangan peminjam, maka dilakukan borrower’s financial difficulties, an assessment
penilaian apakah aset keuangan yang ada is made whether recognition of existing financial
harus dihentikan pengakuannya dan kerugian assets must be derecognized and expected
kredit ekspektasian diukur sebagai berikut: credit losses measured as follows:
Jika restrukturisasi tidak mengakibatkan If the restructuring does not result in the
penghentian pengakuan aset yang ada, termination of recognition of existing assets,
maka arus kas yang diperkirakan yang then the estimated cash flows arising from
timbul dari aset keuangan yang dimodifikasi the modified financial assets are included in
dimasukkan dalam perhitungan kekurangan the calculation of cash shortages of existing
kas dari aset yang ada. assets.
Jika restrukturisasi akan menghasilkan If the restructuring will result in
penghentian pengakuan aset yang ada, a derecognition of the existing assets, the
maka nilai wajar aset baru diperlakukan fair value of the new asset is treated as the
sebagai arus kas akhir dari aset keuangan final cash flow of the existing financial assets
yang ada pada saat penghentian at the time of derecognition. This amount is
pengakuannya. Jumlah ini dimasukkan included in the calculation of cash shortages
dalam perhitungan kekurangan kas dari aset from existing financial assets which are
keuangan yang ada yang didiskontokan dari discounted from the date of derecognition to
tanggal penghentian pengakuan ke tanggal the reporting date using the original effective
pelaporan menggunakan suku bunga efektif interest rate of the existing financial assets.
awal dari aset keuangan yang ada.
Aset Keuangan yang Memburuk Deteriorated Financial Asset
Pada setiap tanggal pelaporan, BRI dan entitas At each reporting date, BRI and subsidiaries
anak menilai apakah aset keuangan yang assess whether the financial assets recorded at
dicatat pada biaya perolehan diamortisasi dan amortized cost and the financial assets of debt
aset keuangan instrumen utang yang dicatat instruments which are recorded at fair value
pada nilai wajar melalui penghasilan through other comprehensive income are
komprehensif lain mengalami penurunan nilai impaired (deteriorated) in credit value. Financial
kredit (memburuk). Aset keuangan memburuk assets deteriorate when one or more events that
ketika satu atau lebih peristiwa yang memiliki have an adverse effect on the estimated future
dampak merugikan atas estimasi arus kas masa cash flows of the financial assets have occurred.
depan dari aset keuangan telah terjadi.
Bukti bahwa aset keuangan mengalami Evidence that financial assets are impaired
penurunan nilai kredit (memburuk) termasuk (deteriorated) credit value including observable
data yang dapat diobservasi mengenai peristiwa data regarding the following events:
berikut ini:
Kesulitan keuangan signifikan yang dialami Significant financial difficulties experienced
penerbit atau pihak peminjam; by the issuer or the borrower;
Pelanggaran kontrak, seperti peristiwa gagal Breach of contract, such as a default or
bayar atau peristiwa tunggakan; arrears;
84
Page 1059
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
Bukti bahwa aset keuangan mengalami Evidence that financial assets are impaired
penurunan nilai kredit (memburuk) termasuk (deteriorated) credit value including observable
data yang dapat diobservasi mengenai peristiwa data regarding the following events (continued):
berikut ini (lanjutan):
Pihak pemberi pinjaman, untuk alasan The lender, for economic or contractual
ekonomik atau kontraktual sehubungan reasons in relation to the financial difficulties
dengan kesulitan keuangan yang dialami experienced by the borrower, has given
pihak peminjam, telah memberikan konsesi concessions to the borrower which is not
pada pihak peminjam yang tidak mungkin possible if the borrower does not experience
diberikan jika pihak peminjam tidak such difficulties;
mengalami kesulitan tersebut;
Terjadi kemungkinan bahwa pihak peminjam It is probable that the borrower will enter
akan dinyatakan pailit atau melakukan bankruptcy or other financial reorganization;
reorganisasi keuangan lainnya;
Hilangnya pasar aktif dari aset keuangan Loss of an active market for financial assets
akibat kesulitan keuangan; due to financial difficulties;
Pembelian atau penerbitan aset keuangan Purchase or issuance of financial assets at a
dengan diskon sangat besar yang very large discount reflecting credit losses
mencerminkan kerugian kredit yang terjadi; incurred; or
atau
Sulit untuk mengidentifikasi peristiwa diskrit It is difficult to identify a single discrete event,
tunggal, namun demikian, dampak however, the combined impact of multiple
kombinasi dari beberapa peristiwa dapat events can cause financial assets to
menyebabkan aset keuangan mengalami experience a decrease in credit value.
penurunan nilai kredit.
Aset Keuangan yang Dibeli atau yang berasal Purchased or originated credit-impaired
dari aset keuangan memburuk financial assets - POCI
Aset keuangan dikategorikan sebagai POCI Financial assets are categorized as POCI if
apabila terdapat bukti objektif penurunan nilai there is objective evidence of impairment at
pada saat pengakuan awal. Pada saat initial recognition. At initial recognition, no
pengakuan awal, tidak ada penyisihan kerugian allowance for credit losses is recognized
kredit yang diakui karena harga pembelian atau because the purchase price or value has
nilainya telah termasuk estimasi kerugian kredit included estimated credit losses for the entire
sepanjang umurnya. Selanjutnya, perubahan lifetime. Furthermore, changes in credit losses
kerugian kredit sepanjang umurnya, apakah over their lifetime, whether positive or negative,
positif atau negatif, diakui dalam laporan laba are recognized in the statement of profit or loss
rugi sebagai bagian dari penyisihan kerugian as part of the allowance for credit losses.
kredit.
85
Page 1060
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
BRI dan entitas anak melakukan pembagian BRI and its subsidiaries classify financial assets
aset keuangan atas Stage 1, Stage 2, Stage 3, on Stage 1, Stage 2, Stage 3 and POCI, as
dan POCI, sebagai berikut: follows:
Stage 1 : Mencakup instrumen keuangan Stage 1: Includes financial instruments that
yang tidak memiliki peningkatan do not have a significant increase
risiko kredit secara signifikan sejak in credit risk since initial recognition
pengakuan awal atau memiliki or have low credit risk as of the
risiko kredit rendah pada tanggal reporting date. For these financial
pelaporan. Untuk instrumen- instruments, a 12 months ECL
instrumen keuangan ini akan calculation will apply. Financial
berlaku perhitungan ECL 12 bulan. assets in Stage 1 include facilities
Aset keuangan di dalam Stage 1 where credit risk has improved and
termasuk fasilitas dimana risiko financial assets can be reclassified
kredit telah membaik dan aset from Stage 2.
keuangan dapat direklasifikasi dari
Stage 2.
Stage 2 : Mencakup instrumen keuangan Stage 2: Includes financial instruments that
yang mengalami peningkatan risiko have experienced an increase in
kredit sejak pengakuan awal credit risk since the initial
(kecuali BRI dan entitas anak recognition (unless BRI and its
merasa risiko kredit tergolong subsidiaries consider the credit risk
rendah pada tanggal pelaporan) is relatively low as of the reporting
namun belum terbukti adanya bukti date), but there has been no
penurunan nilai secara objektif. evidence of an objective
Untuk instrumen-instrumen ini impairment. For these instruments,
akan berlaku perhitungan ECL a lifetime ECL calculation will
Seumur Hidup. ECL Seumur Hidup apply. Lifetime ECL is the expected
adalah kerugian kredit credit loss of all possible default
ekspektasian yang diharapkan dari events during the estimated life of
semua kejadian gagal bayar yang the financial instrument. Stage 2
mungkin terjadi selama perkiraan also includes facilities where credit
umur dari instrumen keuangan risk has improved and financial
tersebut. Stage 2 juga mencakup assets have been reclassified from
fasilitas dimana risiko kedit telah Stage 3.
membaik dan aset keuangan telah
direklasifikasi dari Stage 3.
Stage 3 : Mencakup instrumen keuangan Stage 3 : Includes financial instruments that
yang telah terbukti mengalami have been objectively impaired as
penurunan nilai secara objektif of the reporting date. This
pada tanggal pelaporan. Kelompok classification usually consists of
ini biasanya terdiri atas debitur debtors who have defaulted. BRI
yang mengalami gagal bayar. BRI and its subsidiaries record lifetime
dan entitas anak mencatat ECL allowances.
cadangan ECL Seumur Hidup.
86
Page 1061
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
BRI dan entitas anak melakukan pembagian BRI and its subsidiaries classify financial assets
aset keuangan atas Stage 1, Stage 2, Stage 3, on Stage 1, Stage 2, Stage 3 and POCI, as
dan POCI, sebagai berikut (lanjutan): follows (continued):
POCI : Aset POCI adalah aset POCI : POCI assets are financial assets
keuangan yang mengalami that experience impairment based
penurunan nilai berdasarkan on credit risk assessment at the
penilaian risiko kredit pada time of initial recognition. The asset
saat pengakuan awal. Aset is recorded at fair value at the time
tersebut dicatat pada nilai of initial recognition, and interest
wajar pada saat pengakuan income will be further recognized
awal, dan pendapatan bunga based on the adjusted effective
akan diakui selanjutnya interest rate method. ECL
berdasarkan metode suku allowances are only recorded or
bunga efektif yang reversed if there are further
disesuaikan. Cadangan ECL changes to expected credit losses.
hanya dicatat atau dilepaskan
jika ada perubahan selanjutnya
pada kerugian kredit
ekspektasian.
Terdapat kriteria kualitatif dan kuantitatif untuk There are qualitative and quantitative criteria to
memastikan aset keuangan tercakup dalam ensure financial assets are covered in certain
stage tertentu. stages.
Perhitungan penurunan nilai secara individual Individual impairments are calculated for
dilakukan untuk aset keuangan yang signifikan significant financial assets that have
dan pernah mengalami gagal bayar ataupun experienced default or restructuring. Aside from
restrukturisasi. Selain itu, perhitungan individual impairment, the impairment will be
penurunan nilai akan dilakukan secara kolektif. calculated collectively.
Penurunan nilai individual Individual impairment
Metode perhitungan penurunan nilai secara The calculation method of individual impairment
individual akan mempertimbangkan 3 (tiga) will take into account 3 (three) possible return
skenario kemungkinan pengembalian, yaitu: scenarios, namely: (i) the base scenario, (ii) the
(i) skenario dasar (Base), (ii) skenario buruk bad scenario, and (iii) the worst-case scenario.
(Bad), dan (iii) skenario terburuk (Worst). Scenario creation is done using discounted cash
Pembuatan skenario dilakukan dengan flow (DCF) method and considering confidence
menggunakan metode discounted cash flow level that describes the condition of the industry
(DCF) dan mempertimbangkan confidence level and related companies. ECL generated by each
yang menggambarkan kondisi industri dan scenario will later be weighted against the
perusahaan terkait. Nantinya ECL yang weight of the scenario that has been set.
dihasilkan oleh masing-masing skenario akan
dirata-ratakan secara tertimbang terhadap
bobot skenario yang telah diatur.
87
Page 1062
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
Penurunan nilai kolektif Collective impairment
Evaluasi penurunan nilai secara kolektif The collective impairment evaluation is based
didasarkan pada konsep Probability of Default on the concepts of Probability of Default (PD),
(PD), Loss Given Default (LGD), dan Exposure Loss Given Default (LGD), and Exposure at
at Default (EAD) yang mempertimbangkan Default (EAD) that consider information from
informasi masa lalu, terkini, dan masa past, current, and future events.
mendatang.
BRI dan entitas anak menggunakan model BRI and its subsidiaries use the (i) Scalar
(i) Scalar Bayesian model, (ii) Credit Index dan Bayesian model, (ii) Credit Index, and
(iii) Vasicek maupun pendekatan lainnya dalam (iii) Vasicek and other approaches in
menentukan nilai PD dari setiap debitur. determining the PD value of each debtor.
BRI dan entitas anak menggunakan metode (i) BRI and its subsidiaries use the (i) Historical,
Historical, (ii) Diminish Balance, dan (iii) Value to (ii) Diminish Balance, and (iii) Value to Loan
Loan dalam menentukan nilai LGD dari setiap methods in determining the LGD value of each
debitur. LGD menggambarkan persentase debtor. LGD describes the nominal percentage
nominal fasilitas yang tidak akan dapat di- of facilities that the Bank will not be able to cover
recover oleh Bank terhadap debitur yang against defaulted debtors. LGD is usually
mengalami default. LGD dihitung sebagai 1- calculated with a 1-Recovery Rate. Recovery
Recovery Rate. Perhitungan Recovery Rate Rate is calculated by incorporating the workout
dilakukan dengan mempertimbangkan workout period to determine the optimum time to
period untuk memperoleh optimum time to recovery and considering the Time Value of
recovery dan Time Value of Money dari Money from the return of the obligation that has
pengembalian dari kewajiban yang telahdefault. defaulted. The interest rate used to calculate the
Tingkat suku bunga yang digunakan untuk Time Value of Money from Recovery is the initial
menghitung Time Value of Money dari Recovery Effective Interest Rate (EIR).
adalah EIR awal.
EAD merupakan estimasi nilai buku pada saat Exposure at Default (EAD) is an estimation of
terjadi gagal bayar, dengan mempertimbangkan the book value at the time of default, which
arus kas instrumen keuangan terkait, serta considers the cash flow of relevant financial
kemungkinan penarikan tambahan dari limit instruments, as well as the possibility of
kredit sampai dengan tanggal gagal bayar. EAD additional withdrawals from the credit limit up to
juga mempertimbangkan jadwal pembayaran the date of default. EAD also considers payment
dan amortisasi serta perubahan dalam utilisasi schedules and amortization as well as changes
saldo yang belum ditarik menjelang terjadinya in the utilization of undrawn loan facilities ahead
kegagalan bayar. Pemodelan EAD akan of the default. EAD modeling is conducted
dilakukan berdasarkan karakteristik dari based on the characteristics of related financial
instrumen keuangan terkait, yang dibagi ke instruments, which are divided into several
dalam beberapa kategori: (i) kredit angsuran, categories: (i) installment credits, (ii) revolving
(ii) kredit revolving, (iii) trade finance, dan credits, (iii) trade finance, and (iv) treasury.
(iv) treasury.
88
Page 1063
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Cadangan kerugian penurunan nilai atas e. Allowance for impairment losses on
aset keuangan (lanjutan) financial assets (continued)
Pengukuran ECL berdasarkan PSAK No. 109 ECL measurements based on SFAS No. 109
mewajibkan BRI dan entitas anak untuk require the Bank to model ECL according to
memodelkan ECL sesuai dengan skenario existing forward-looking scenarios, taking into
forward-looking yang ada, dengan account the possibilities of economic conditions.
mempertimbangkan kemungkinan ekonomi baik Therefore, the ECL value generated by the Bank
dan buruk. Oleh karena itu, nilai ECL yang must be based on the probability results of three
dihasilkan BRI dan entitas anak harus scenarios (normal economic cases, good and
berdasarkan hasil probabilitas dari tiga skenario bad). PD will be calculated according to three
(kasus ekonomi normal, baik, dan buruk). PD scenarios with macro-economic values
akan dihitung menurut tiga skenario dengan nilai according to those scenarios. The weight of
makro-ekonomi sesuai dengan skenario- good, normal, and bad scenarios can be
skenario tersebut. Bobot dari skenario baik, adjusted in line with changes in economic
normal dan buruk dapat disesuaikan seiring conditions and BRI and subsidiaries’ discretion.
dengan perubahan kondisi ekonomi dan diskresi
BRI dan entitas anak.
Penyajian Penyisihan Kerugian Kredit Presentation of Expected Credit Loss Allowance
Ekspektasian dalam Laporan Posisi Keuangan in Statement of Financial Position
Penyisihan kerugian kredit ekspektasian The allowance for expected credit loss is
disajikan dalam laporan posisi keuangan presented in the statement of financial position
sebagai berikut: as follow:
Aset keuangan yang diukur pada biaya For financial assets measured at amortized
perolehan diamortisasi, cadangan kerugian cost, allowance for expected credit losses is
penurunan nilai disajikan sebagai pengurang presented as a deduction from the gross
dari jumlah tercatat bruto aset; carrying amount of the asset;
Komitmen pinjaman dan kontrak jaminan For loan commitments and financial
keuangan, umumnya penyisihan kerugian guarantee contracts, generally allowance for
kredit ekspektasian disajikan sebagai expected credit losses is presented as a
provisi; dan provision; and
Instrumen utang yang diukur pada nilai wajar For debt instruments measured at fair value
melalui penghasilan komprehensif lain, through other comprehensive income,
cadangan kerugian penurunan nilai tidak allowance for expected loan losses are not
diakui dalam laporan posisi keuangan recognized in the statement of financial
sebagai pengurang nilai tercatat karena position as a deduction in carrying value
jumlah tercatat dari aset-aset ini adalah nilai because the carrying amounts of these
wajarnya. Namun, cadangan kerugian assets are their fair values. However,
penurunan nilai diungkapkan dan diakui allowance for expected loan losses is
dalam penghasilan komprehensif lain dalam disclosed and recognized in other
laporan posisi keuangan konsolidasian. comprehensive income in consolidated
statement of financial position.
89
Page 1064
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
f. Giro pada Bank Indonesia dan bank lain f. Current account with Bank Indonesia and
other bank
Giro pada Bank Indonesia dan bank lain Current accounts with Bank Indonesia and
dinyatakan sebesar biaya perolehan other banks are recognized at amortized cost
diamortisasi menggunakan metode suku using the effective interest rate method minus
bunga efektif dikurangi cadangan kerugian the allowance for impairment losses. Current
penurunan nilai. Giro pada Bank Indonesia dan accounts with Bank Indonesia and other banks
bank lain diklasifikasikan sebagai biaya are classified as amortized cost.
perolehan diamortisasi.
g. Penempatan pada Bank Indonesia dan g. Placement with Bank Indonesia and other
lembaga keuangan lain Financial Institutions
Penempatan pada Bank Indonesia dan lembaga Placements with Bank Indonesia and other
keuangan lain adalah penanaman dana pada Financial Institutions are investment funds in
Bank Indonesia berupa Deposit Facility, dan Bank Indonesia in the form of Deposit Facility
Term Deposit, sedangkan penempatan dana and Term Deposits, while placement of funds to
pada bank lain merupakan penanaman dana other financial institutions are investment in the
dalam bentuk penempatan pada pasar uang form of placement in the money market (Inter-
(inter-bank call money), deposito berjangka, bank call money), time deposits, banker’s
banker’s acceptance, dan margin deposit. acceptance, and margin deposit.
Penempatan pada Bank Indonesia dan lembaga Placements with Bank Indonesia and other
keuangan dinyatakan sebesar biaya perolehan Financial Institutions are stated at amortized
diamortisasi menggunakan metode suku bunga cost using the effective interest rate method
efektif dikurangi cadangan kerugian penurunan minus the allowance for impairment losses. The
nilai. Penempatan pada Bank Indonesia dan placements with Bank Indonesia and other
lembaga keuangan lain diklasifikasikan masing- Financial Institutions are classified respectively
masing sebagai biaya perolehan diamortisasi. as amortized cost.
h. Efek-efek h. Securities
Efek-efek terdiri atas surat berharga yang Securities consist of securities traded in the
diperdagangkan di pasar uang dan modal money and capital market such as Bank
seperti Sertifikat Bank Indonesia, Sertifikat Bank Indonesia Certificates, Sharia Bank Indonesia
Indonesia Syariah, Obligasi Pemerintah, Certificates, Government bonds, subordinated
obligasi subordinasi, unit penyertaan bonds, mutual fund units, Medium-Term Notes,
reksadana, Medium-Term Notes, U.S.Treasury U.S. Treasury Bonds, U.S. Treasury Bills,
Bonds, U.S Treasury Bills, Singapore Singapore Government Securities, Negotiable
Government Securities, Negotiable Certificate of Certificates of Deposit, Monetary Authority of
Deposits, Monetary Authority of Singapore Singapore (MAS) bills, Taiwan government
(MAS) bills, Obligasi Pemerintah Taiwan, dan Bonds, and other commercial bonds traded in
surat berharga komersial lainnya serta obligasi the stock exchange.
yang diperdagangkan di bursa efek.
Termasuk di dalam efek-efek adalah obligasi Securities include bonds issued by the
yang diterbitkan oleh Pemerintah yang tidak Government that are not related with the
terkait dengan program rekapitalisasi seperti recapitalization program such as Government
Surat Utang Negara (SUN), Surat Debentures (Surat Utang Negara or SUN),
Perbendaharaan Negara (SPN) dan obligasi Government Treasury Bills (Surat
Pemerintah dalam mata uang asing yang Perbendaharaan Negara or SPN) and
diperoleh melalui pasar perdana dan juga pasar Government bonds in foreign currency obtained
sekunder. from primary and secondary markets.
90
Page 1065
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
h. Efek-efek (lanjutan) h. Securities (continued)
Efek-efek pada awalnya disajikan sebesar nilai Securities are initially recorded at fair value.
wajarnya. Setelah pengakuan awal, efek-efek After initial recognition, the securities are
dicatat sesuai dengan kategorinya yaitu biaya recorded based on its category at amortized
perolehan diamortisasi, nilai wajar melalui cost, fair value through other comprehensive
penghasilan komprehensif lain atau nilai wajar income, or fair value through profit or loss.
melalui laba rugi.
Penilaian efek-efek didasarkan atas Securities measurement are based on the
klasifikasinya sebagai berikut: following classification:
1) Efek-efek yang diklasifikasikan sebagai 1) Securities classified as amortized cost are
biaya perolehan yang diamortisasi diukur recorded at amortized acquisition cost
dengan biaya perolehan yang diamortisasi using effective interest rate method.
menggunakan metode suku bunga efektif. Interest income is recognized in the
Pendapatan bunga diakui dalam laporan consolidated statements profit or loss and
laba rugi dan penghasilan komprehensif other comprehensive income using the
lain konsolidasian menggunakan metode effective interest rate method.
suku bunga efektif.
2) Efek-efek yang diklasifikasikan sebagai 2) Securities classified as trading (fair value
nilai wajar melalui laba rugi (FVTPL) diukur through profit or loss) are stated at fair
dengan menggunakan nilai wajar. value. Gains and losses arising from
Keuntungan atau kerugian yang belum changes in fair value of Securities are
direalisasi akibat kenaikan atau penurunan recognized in the consolidated statements
nilai wajarnya disajikan dalam laporan laba of profit or loss and other comprehensive
rugi dan penghasilan komprehensif lain income. On the sale of a portfolio of
konsolidasian. Atas penjualan portofolio securities for fair value through profit and
efek-efek dan obligasi pemerintah untuk loss, the difference between the sale price
nilai wajar melalui laba rugi, perbedaan and purchase price is recognized as the
antara harga jual dengan harga beli gain or loss of sale in the year in which the
diakui sebagai keuntungan atau kerugian securities were sold.
penjualan pada tahun dimana efek-efek dan
obligasi pemerintah tersebut dijual.
3) Efek-efek yang diklasifikasikan sebagai 3) Securities classified as fair value through
nilai wajar melalui penghasilan other comprehensive income are stated at
komprehensif lain (FVTOCI) diukur dengan fair value. Interest income is recognized in
menggunakan nilai wajar. Pendapatan the consolidated statements of profit or loss
bunga diakui dalam laporan laba rugi dan and other comprehensive income by using
penghasilan komprehensif lain effective interest rate methods. Fair value
konsolidasian menggunakan metode suku changes are directly recognized
bunga efektif. Perubahan nilai wajar in equity until the securities are sold or
diakui langsung dalam ekuitas sampai efek- impaired, and cumulative gains and losses
efek dan obligasi pemerintah dijual atau which previously recognized in equity
mengalami penurunan nilai, dimana should be recognized in the consolidated
akumulasi keuntungan dan kerugian yang statements of profit or loss and other
sebelumnya diakui dalam ekuitas diakui comprehensive income.
dalam laporan laba rugi penghasilan
komprehensif lain konsolidasian.
91
Page 1066
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
i. Wesel ekspor dan tagihan lainnya i. Export bills and other receivables
Wesel ekspor dan tagihan lainnya adalah wesel Export bills and other receivables are export bills
ekspor yang dinegosiasikan secara diskonto that are negotiated on a discounted basis and
dan dijaminkan oleh bank lainnya sedangkan guaranteed by other banks while notes
wesel tagih merupakan tagihan ataupun receivable is a bill or billing document in the form
dokumen penagihan dalam bentuk wesel/bill of of a bill of exchange to the collectible
exchange kepada pihak tertagih/drawee atas party/drawee on the basis of a discount or
dasar diskonto ataupun suatu pembiayaan a particular financing. Export bills and other
tertentu. Wesel ekspor dan tagihan lainnya receivables are recorded at amortized costs
dicatat pada biaya perolehan diamortisasi after deducting allowance for impairment
setelah dikurangi cadangan kerugian penurunan losses.
nilai.
j. Kredit yang diberikan j. Loans
Kredit yang diberikan adalah penyediaan uang Loans represent the granting of money or other
atau tagihan yang dapat dipersamakan dengan similar form of receivables under agreements or
itu, berdasarkan persetujuan atau kesepakatan borrowing and lending commitments with
pinjam-meminjam dengan debitur yang debtors, whereby the debtors are required to
mewajibkan debitur untuk melunasi utangnya repay their debts after a specified period of time
setelah jangka waktu tertentu dengan imbalan in return for interest.
bunga.
Kredit yang diberikan pada awalnya diukur pada Loans are initially measured at fair value plus
nilai wajar ditambah dengan biaya transaksi transaction costs that are directly attributable
yang dapat diatribusikan secara langsung dan and incremental costs to obtain the financial
merupakan biaya tambahan untuk memperoleh assets and after the initial recognition measured
aset keuangan tersebut dan setelah pengakuan at amortized cost using the effective interest rate
awal diukur pada biaya perolehan diamortisasi method less allowance for impairment losses.
menggunakan metode suku bunga efektif
dikurangi dengan cadangan kerugian
penurunan nilai.
Kredit yang diberikan diklasifikasikan sebagai Loans are classified as amortized cost.
biaya perolehan diamortisasi.
Kredit dalam rangka pembiayaan bersama Syndicated loans are stated at the loans’
(kredit sindikasi) dinyatakan sebesar pokok principal amount to the extent of the risks borne
kredit sesuai dengan porsi risiko yang by BRI and subsidiaries.
ditanggung oleh BRI dan entitas anak.
Kredit yang direstrukturisasi disajikan sebesar Restructured loans are stated at the lower of the
nilai yang lebih rendah antara nilai tercatat kredit carrying amount on the date of restructuring or
pada tanggal restrukturisasi atau nilai kini the present value of future cash receipts after
penerimaan kas masa depan setelah the restructuring. Losses resulting from the
restrukturisasi. Kerugian akibat selisih antara difference between the carrying amount on the
nilai tercatat kredit pada tanggal restrukturisasi date of restructuring and the present value of
dengan nilai tunai penerimaan kas masa depan future cash inflows after the restructuring are
setelah restrukturisasi diakui dalam laporan laba recognized in the consolidated statement of
rugi dan penghasilan komprehensif lain profit or loss and other comprehensive income.
konsolidasian. Setelah restrukturisasi, semua After the restructuring, all future cash inflows
penerimaan kas masa depan yang ditetapkan specified by the new terms are recorded as
dalam persyaratan baru dicatat sebagai a principal payment of loans and interest income
pengembalian pokok kredit yang diberikan dan in accordance with the terms of the
pendapatan bunga sesuai dengan syarat-syarat restructuring.
restrukturisasi.
92
Page 1067
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
j. Kredit yang diberikan (lanjutan) j. Loans (continued)
Kredit yang diberikan dihapusbukukan ketika Loans are written-off when there is no realistic
tidak terdapat prospek yang realistis mengenai prospect of collections in the future and all
pengembalian di masa yang akan datang dan collateral have been sought to be realized or
semua jaminan telah diupayakan untuk foreclosed. The uncollectible loans are written-
direalisasi atau sudah diambil alih. Kredit yang off against the allowance for impairment losses.
tidak dapat dilunasi dihapusbukukan dengan Recovery for financial assets that have been
mendebit cadangan kerugian penurunan nilai. written-off is recognized in the consolidated
Penerimaan kembali atas aset keuangan yang statements of profit or loss and other
dihapusbuku diakui pada laporan laba rugi dan comprehensive income in the current year.
penghasilan komprehensif lain konsolidasian
pada tahun berjalan.
k. Pinjaman syariah k. Sharia loans
Pinjaman yang diberikan terutama terdiri dari These receivables consist of murabahah
piutang murabahah, pembiayaan mudharabah, receivables, mudharabah financing and
dan pembiayaan musyarakah. musyarakah financing.
Murabahah adalah akad jual beli antara Murabahah is a sale and purchase contract
nasabah dengan entitas anak, dimana entitas between the customer and subsidiary, whereby
anak membiayai kebutuhan konsumsi, investasi the subsidiary finance the consumption,
dan modal kerja nasabah yang dijual dengan investment and working capital needs of the
harga pokok ditambah dengan keuntungan yang customers that are sold with a principal price
diketahui dan disepakati bersama. Pembayaran plus a given margin that is mutually informed
atas pembiayaan ini dilakukan dengan cara and agreed. Payments on this financing is made
mengangsur dalam jangka waktu yang in installments for a specified period of time.
ditentukan.
Piutang murabahah pada awalnya diukur pada Murabahah receivables are initially measured at
nilai wajar ditambah dengan biaya transaksi fair value plus directly attributable transaction
yang dapat diatribusikan secara langsung dan costs and is the additional cost to obtain the
merupakan biaya tambahan untuk memperoleh financial assets. After the initial recognition,
aset keuangan tersebut dan setelah pengakuan Murabahah receivables are measured at
awal diukur pada biaya perolehan diamortisasi amortized cost using the effective margin
menggunakan metode margin efektif dikurangi method less allowance for impairment losses.
dengan cadangan kerugian penurunan nilai.
Mudharabah adalah akad pembiayaan Mudharabah is a joint financing contract
kerjasama antara entitas anak sebagai pemilik between subsidiaries as the owner of the funds
dana (shahibul maal) dengan nasabah sebagai (shahibul maal) and the customer as a business
pelaksana usaha (mudharib) selama jangka executor (mudharib) for a certain period of time.
waktu tertentu. Pembagian hasil keuntungan The profit sharing from the project or business is
dari proyek atau usaha tersebut ditentukan determined in accordance with the mutually
sesuai dengan nisbah (pre-determined ratio) agreed nisbah (pre-determined ratio). On the
yang telah disepakati bersama. Pada tanggal statement of financial position date,
laporan posisi keuangan, pembiayaan mudharabah financing is stated at the
mudharabah dinyatakan sebesar saldo outstanding financing balance less allowance
pembiayaan dikurangi dengan saldo cadangan for impairment losses which is provided based
kerugian penurunan nilai yang dibentuk on the management’s review of the existing
berdasarkan hasil review oleh manajemen financing quality.
terhadap kualitas pembiayaan yang ada.
93
Page 1068
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
k. Pinjaman syariah (lanjutan) k. Sharia loans (continued)
Musyarakah adalah akad kerjasama yang terjadi Musyarakah is a partnership contract among
di antara para pemilik modal (mitra musyarakah) capital owners (musyarakah partners) to join the
untuk menggabungkan modal dan melakukan capital and conduct a business on a joint basis
usaha secara bersama dalam suatu kemitraan through partnership with an agreed profit-
dengan nisbah pembagian hasil sesuai dengan sharing nisbah, while the losses are borne
kesepakatan, sedangkan kerugian ditanggung proportional to the capital contribution. On the
secara proporsional sesuai dengan kontribusi statement of financial position date,
modal. Pada tanggal laporan posisi keuangan, musyarakah financing is stated at the
pembiayaan musyarakah dinyatakan sebesar outstanding financing balance less allowance
saldo pembiayaan dikurangi dengan saldo for impairment losses which is provided based
cadangan kerugian penurunan nilai yang on the management’s review on the existing
dibentuk berdasarkan hasil review oleh financing quality.
manajemen terhadap kualitas pembiayaan yang
ada.
l. Piutang sewa pembiayaan l. Finance lease receivables
Piutang sewa pembiayaan merupakan jumlah Finance lease receivables represent lease
piutang sewa pembiayaan ditambah nilai sisa receivables plus the residual value at the end of
yang akan diterima pada akhir masa sewa the lease period and stated net of unearned
pembiayaan dikurangi dengan pendapatan lease income, security deposits and allowances
sewa pembiayaan tangguhan, simpanan for impairment losses. The difference between
jaminan dan cadangan kerugian penurunan the gross lease receivable and the present value
nilai. Selisih antara nilai piutang usaha bruto dan of the lease receivable is recognized as
nilai tunai piutang diakui sebagai pendapatan unearned lease income.
sewa pembiayaan tangguhan.
Pendapatan sewa pembiayaan yang Unearned financing lease income is recognized
ditangguhkan diakui sebagai pendapatan sewa as financing lease income using effective
pembiayaan menggunakan metode suku bunga interest rates method.
efektif.
Penyewa pembiayaan memiliki hak opsi untuk The lessee has the option to purchase the
membeli aset yang disewakan pada akhir masa leased asset at the end of the lease period at a
sewa pembiayaan dengan harga yang telah price mutually agreed upon at the
disetujui bersama pada saat dimulainya commencement of the agreement.
perjanjian sewa pembiayaan.
Penyelesaian kontrak sebelum masa sewa Early termination is treated as a cancellation of
pembiayaan berakhir diperlakukan sebagai an existing contract and the resulting gain or
pembatalan kontrak sewa dan laba atau rugi loss is credited or charged to the current year
yang timbul diakui dalam laporan laba rugi dan statement of profit or loss and other
penghasilan komprehensif lain tahun berjalan. comprehensive income.
94
Page 1069
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
l. Piutang sewa pembiayaan (lanjutan) l. Finance lease receivables (continued)
Entitas anak sebagai lessor The subsidiary as a lessor
Dalam sewa pembiayaan, entitas anak sebagai Under a finance lease, the Subsidiary as a
lessor mengakui aset berupa piutang sewa lessor recognizes assets held under a finance
pembiayaan di laporan posisi keuangan sebesar lease in its statement of financial position and
jumlah yang sama dengan sewa pembiayaan present them as a receivable at an amount
neto. Penerimaan piutang sewa diperlakukan equal to the net investment in direct financing
sebagai pembayaran pokok dan penghasilan leases.
pembiayaan.
Pengakuan pendapatan sewa pembiayaan Lease payment receivable is treated as
didasarkan pada suatu pola yang repayment of principal and finance income. The
mencerminkan suatu tingkat pengembalian recognition of lease income is based on a
periodik yang konstan atas investasi neto entitas pattern reflecting a constant periodic rate of
anak sebagai lessor dalam sewa pembiayaan. return on the Subsidiaries’ net investment in
direct financing lease.
Dalam sewa menyewa operasi, entitas anak Under an operating lease, the Subsidiary
mengakui aset untuk sewa operasi di laporan presents assets subject to operating leases in its
posisi keuangan sesuai sifat aset tersebut. statement of financial position according to the
Biaya langsung awal sehubungan proses nature of the asset. Initial direct costs incurred
negosiasi sewa operasi ditambahkan ke nilai in negotiating an operating lease are added to
tercatat dari aset sewaan dan diakui sebagai the carrying amount of the leased asset and
beban selama masa sewa dengan dasar yang recognized over the lease term on the same
sama dengan pendapatan sewa. Rental basis as rental income. Contingent rents, if any,
kontinjen, apabila ada, diakui sebagai are recognized as revenue in the periods in
pendapatan pada periode terjadinya. which they are earned. Lease income from
Pendapatan sewa operasi diakui sebagai operating leases is recognized as income on a
pendapatan atas metode garis lurus selama straight-line method over the lease term.
masa sewa.
Piutang sewa pembiayaan diklasifikasikan Finance lease receivables are classified as
sebagai aset keuangan yang diukur pada biaya financial assets measured at amortized cost.
perolehan diamortisasi.
Restrukturisasi piutang sewa pembiayaan dapat Finance lease restructuring can be done by over
dilakukan dengan cara pengalihan pembiayaan, contract, asset replacement, repay back,
melanjutkan pembiayaan, mengangsur kembali, change in due date, change in tenor and/or
mengubah jatuh tempo, mengubah tenor increase in down payment.
dan/atau menambah down payment.
Kerugian yang timbul dari restrukturisasi piutang Losses on finance lease restructuring in respect
sewa pembiayaan yang berkaitan dengan of modification of the terms of the financing are
modifikasi persyaratan pembiayaan hanya recognized only if the cash value of total future
diakui bila nilai tunai penerimaan kas masa cash receipt specified in the new terms of the
depan yang telah ditentukan dalam persyaratan loans, including both receipts designated as
pembiayaan yang baru, termasuk penerimaan interest, and those designated as financing
yang diperuntukkan sebagai bunga maupun principal, are less than the recorded amounts of
pokok, adalah lebih kecil dari nilai pembiayaan financing before restructuring in financial
yang diberikan yang tercatat sebelum statements.
restrukturisasi di laporan keuangan.
95
Page 1070
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
l. Piutang sewa pembiayaan (lanjutan) l. Finance lease receivables (continued)
Piutang pembiayaan konsumen Consumer financing receivables
Piutang pembiayaan konsumen neto Net consumer financing receivables are
merupakan total piutang setelah dikurangi presented net of amounts financed, unearned
pendapatan pembiayaan konsumen yang belum consumer financing income and allowance for
diakui dan cadangan kerugian penurunan nilai. impairment losses.
Piutang pembiayaan konsumen diakui pada Consumer financing receivables are recognized
awalnya dengan nilai wajar ditambah biaya- initially at fair value, added with directly
biaya transaksi dan dikurangi yield enhancing attributable transactions costs and deducted by
income yang dapat diatribusikan secara yield enhancing income, and subsequently
langsung dan selanjutnya diukur dengan biaya measured at amortized cost using the effective
perolehan diamortisasi menggunakan metode interest rate method. Consumer financing
tingkat bunga efektif. Piutang pembiayaan receivables are classified as financial assets
konsumen diklasifikasikan sebagai aset measured at amortized cost.
keuangan yang diukur pada biaya perolehan
diamortisasi.
Pendapatan pembiayaan konsumen yang Consumer financing receivables presented the
belum diakui merupakan selisih antara jumlah difference between total installment payments
keseluruhan pembayaran angsuran yang akan to be received from customer with total principal
diterima dari konsumen dan jumlah pokok amount, recognized as an income over the
pembiayaan, yang diakui sebagai pendapatan contract term based on the effective interest rate
selama jangka waktu kontrak berdasarkan of consumer financing receivables.
tingkat suku bunga efektif dari piutang
pembiayaan konsumen.
Penyelesaian kontrak sebelum masa The completion of the contract before its
pembiayaan konsumen berakhir diperlakukan maturity is treated as a cancellation of an
sebagai pembatalan kontrak pembiayaan existing contract and the resulting gain or loss is
konsumen dan keuntungan atau kerugian yang recognized in the current year statement of profit
timbul diakui dalam laporan laba rugi dan or loss and other comprehensive income at the
penghasilan komprehensif lain tahun berjalan transaction date.
pada tanggal terjadinya transaksi.
Restrukturisasi pembiayaan konsumen dapat Financing consumer restructuring can be done
dilakukan dengan cara pengalihan pembiayaan, by over contract, asset replacement, repay
melanjutkan pembiayaan, mengangsur kembali, back, change in due date, change in tenor
mengubah jatuh tempo, mengubah tenor and/or increase in down payment.
dan/atau menambah down payment.
Kerugian yang timbul dari restrukturisasi Losses on financing consumer restructuring in
pembiayaan konsumen yang berkaitan dengan respect of modification of the terms of the
modifikasi persyaratan pembiayaan hanya financing are recognized only if the cash value
diakui bila nilai tunai penerimaan kas masa of total future cash receipt specified in the new
depan yang telah ditentukan dalam persyaratan terms of the financing, including both receipts
pembiayaan yang baru, termasuk penerimaan designated as interest, and those designated as
yang diperuntukkan sebagai bunga maupun loan principal, are less than the recorded
pokok, adalah lebih kecil dari nilai pembiayaan amounts of financing before restructuring in
yang diberikan yang tercatat sebelum financial statements.
restrukturisasi di laporan keuangan.
96
Page 1071
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
l. Piutang sewa pembiayaan (lanjutan) l. Finance lease receivables (continued)
Tagihan anjak piutang Factoring receivables
Anjak piutang dicatat sebesar nilai piutang yang Factoring receivables are recognized at the
diperoleh dan dinyatakan sebesar nilai neto amounts of receivables acquired and are
yang dapat direalisasi, setelah dikurangi presented at the realizable value, net of deferred
pendapatan anjak piutang ditangguhkan. Selisih income. The difference between the factoring
antara tagihan anjak piutang dengan jumlah receivables and the amount of payments made
pembayaran ke konsumen diakui sebagai to the client is recognized as deferred factoring
pendapatan anjak piutang ditangguhkan, yang income and will be recognized as factoring
akan diakui sebagai pendapatan anjak piutang income over the terms of the respective
berdasarkan proporsi waktu selama periode factoring agreements using the effective interest
kontrak menggunakan tingkat suku bunga rate.
efektif.
Anjak piutang diklasifikasikan sebagai aset Factoring receivables are classified as financial
keuangan yang diukur pada biaya perolehan assets measured at amortized cost.
diamortisasi.
m. Tagihan dan liabilitas akseptasi m. Acceptances receivable and payable
Tagihan dan liabilitas akseptasi merupakan Acceptances receivable and payable represent
transaksi Letter of Credit (L/C) dan Surat Kredit Letter of Credit (L/C) and Domestic Document
Berdokumen Dalam Negeri (SKBDN) yang Letter of Credit transactions that are accepted
diaksep oleh bank pengaksep (accepting bank). by the accepting banks.
Tagihan dan liabilitas akseptasi dinyatakan Acceptances receivable and payable are stated
sebesar biaya perolehan diamortisasi. Tagihan at amortized cost. Acceptances receivables are
akseptasi disajikan setelah dikurangi cadangan presented net of allowance for impairment
kerugian penurunan nilai. losses.
Tagihan akseptasi diklasifikasikan sebagai Acceptance receivables are classified as
biaya perolehan diamortisasi dan liabilitas amortized cost and acceptance payables are
akseptasi diklasifikasikan sebagai liabilitas classified as financial liabilities measured at
keuangan yang diukur dengan biaya perolehan amortized cost.
diamortisasi.
n. Penyertaan saham n. Investment in shares
Investasi BRI pada entitas asosiasi diukur BRI’s investments in its associates are
dengan menggunakan metode ekuitas. Entitas measured using the equity method. An
asosiasi adalah suatu entitas dimana BRI associate is an entity in which BRI has
mempunyai pengaruh signifikan atau significant influence or share ownership more
kepemilikan saham lebih dari 20% hak suara. than 20% of the voting rights. The initial
Pengakuan awal investasi pada entitas asosiasi recognition of investments in associate are
diakui sebesar biaya perolehan, dan jumlah recognized at acquisition cost and the carrying
tercatat tersebut ditambah atau dikurangkan amount is added or deducted to recognize BRI’s
untuk mengakui bagian BRI atas laba rugi portion of profit or loss of the associate after the
entitas asosiasi setelah tanggal perolehan. acquisition date. BRI’s portion of profit or loss of
Bagian BRI atas laba rugi entitas asosiasi diakui the associate is recognized in profit or loss of
dalam laba rugi BRI. Penerimaan distribusi dari BRI. Receipt of distributions from associate
entitas asosiasi mengurangi nilai tercatat reduces the carrying amount of the investment.
investasi.
97
Page 1072
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
n. Penyertaan saham (lanjutan) n. Investment in shares (continued)
Laporan laba rugi dan penghasilan The consolidated statement of profit or loss and
komprehensif lain konsolidasian mencerminkan other comprehensive income reflects the share
bagian atas hasil operasi entitas asosiasi. Bila of the results of operations of the associate. If
terdapat perubahan yang diakui langsung pada there is any change recognized directly in the
ekuitas entitas asosiasi, BRI mengakui equity of the associate, BRI recognizes its share
bagiannya atas perubahan tersebut dan of these changes and discloses this, when
mengungkapkan hal ini, jika berlaku, dalam applicable, in the statement of changes in
laporan perubahan ekuitas. equity.
Setelah menerapkan metode ekuitas, BRI After applying the equity method, BRI
menentukan apakah diperlukan untuk mengakui determines each reporting date whether it is
tambahan rugi penurunan nilai atas investasi necessary to recognize additional impairment
BRI dalam entitas asosiasi. BRI menentukan loss on BRI’s investment in its associates. BRI
pada setiap tanggal pelaporan apakah terdapat determines at each reporting date whether there
bukti yang objektif yang mengindikasikan bahwa is any objective evidence indicating that the
investasi dalam entitas asosiasi mengalami investment in the associates is impaired. In this
penurunan nilai. Dalam hal ini, BRI menghitung case, BRI calculates the amount of impairment
jumlah penurunan berdasarkan selisih jumlah as the difference between the recoverable
terpulihkan atas investasi dalam entitas asosiasi amount of the investment in the associates and
dan nilai tercatatnya dan mengakuinya dalam its carrying value and recognizes it in the
laporan laba rugi dan penghasilan komprehensif consolidated statement of profit or loss and
lain konsolidasian. other comprehensive income.
Investasi BRI pada entitas asosiasi yang tidak BRI’s investment in its associate with no
memiliki pengaruh yang signifikan atau significant influence or share ownership under
kepemilikan di bawah 20% dicatat pada nilai 20% is recorded at fair value in accordance with
wajar sesuai dengan PSAK No. 109. SFAS No. 109.
o. Aset tetap o. Premises and equipment
Aset tetap awalnya diakui sebesar biaya Premises and equipment are initially recognized
perolehan, yang terdiri atas harga perolehan at acquisition cost, which comprises its
dan biaya-biaya tambahan yang dapat purchase price and additional costs directly
diatribusikan secara langsung untuk membawa attributable to bringing the asset to the location
aset ke lokasi dan kondisi yang diperlukan and condition necessary for it to be capable of
supaya aset siap digunakan sesuai dengan operating in the manner intended by the
maksud manajemen. Setelah pengakuan awal, management. Subsequent to initial recognition,
aset tetap kecuali tanah, dinyatakan pada biaya premises and equipment, except lands, are
perolehan dikurangi akumulasi penyusutan dan stated at acquisition cost less accumulated
akumulasi rugi penurunan nilai. depreciation and impairment losses.
Aset tetap yang diperoleh dalam pertukaran aset Premises and equipment acquired in exchange
non-moneter atau kombinasi aset moneter dan for a non-monetary asset or a combination of
non-moneter diukur pada nilai wajar, kecuali: monetary and non-monetary assets are
measured at fair values, unless:
(i) Transaksi pertukaran tidak memiliki (i) The exchange transaction lacks
substansi komersial; atau commercial substance; or:
(ii) Nilai wajar dari aset yang diterima dan (ii) The fair value of the assets received or the
diserahkan tidak dapat diukur secara andal. assets given up cannot be measured
reliably
98
Page 1073
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
o. Aset tetap (lanjutan) o. Premises and equipment (continued)
Penyusutan aset dimulai pada saat aset Depreciation of an asset begins when it is ready
tersebut siap untuk digunakan sesuai maksud for its intended use and is calculated using the
penggunaannya dan dihitung dengan straight-line method based on the estimated
menggunakan metode garis lurus berdasarkan economic useful lives of use the assets as
estimasi umur manfaat ekonomis sebagai follows:
berikut:
Tahun/Years
Bangunan 15 Buildings
Kendaraan bermotor 5 Motor vehicles
Kapal 15 Vessels
Komputer dan mesin 3-8 Computers and machineries
Perlengkapan kantor 3-8 Furniture and fixtures
E-Channel 3-5 E-Channel
Satelit 15 Satellite
Main system 5 Main system
Non main system 3 Non-main system
Penilaian aset tetap dilakukan atas penurunan Premises and equipment valuation is carried out
dan kemungkinan penurunan nilai wajar aset on the impairment and possible impairment of
jika terjadi peristiwa atau perubahan keadaan the fair value of asset if an event or change in
yang mengindikasikan bahwa nilai tercatat circumstances indicates that the carrying
mungkin tidak dapat seluruhnya terealisasi. amount may not be fully realized.
Jumlah tercatat komponen dari suatu aset tetap The carrying amount of an item of premises and
dihentikan pengakuannya pada saat dilepaskan equipment is derecognized upon disposal or
atau saat sudah tidak ada lagi manfaat ekonomi when no future economic benefits are expected
masa depan yang diekspektasikan dari from its use or disposal. Any gain or loss arising
penggunaan maupun pelepasannya. Laba atau from the derecognition is recognized in profit or
rugi yang timbul dari penghentian pengakuan loss in the year of the derecognition.
tersebut dimasukkan ke dalam laba rugi untuk
tahun dimana penghentian pengakuan tersebut
dilakukan.
Nilai residu, umur manfaat dan metode The residual values, useful lives and
penyusutan dievaluasi setiap akhir tahun dan depreciation methods are evaluated at the end
disesuaikan secara prospektif jika diperlukan. of each year and adjusted prospectively, if
necessary.
Tanah awalnya dinyatakan sebesar biaya Land is initially stated at acquisition cost and not
perolehan dan tidak disusutkan. Setelah depreciated. Subsequent to initial recognition,
pengakuan awal, tanah diukur pada nilai wajar land is measured at fair value at the revaluation
pada tanggal revaluasi dikurangi akumulasi rugi date less any accumulated impairment losses
penurunan nilai setelah tanggal revaluasi. after the revaluation date. Valuation of land is
Penilaian terhadap tanah dilakukan oleh penilai performed by appraisers with professional
yang memiliki kualifikasi profesional dan qualifications and is conducted periodically to
dilakukan secara berkala untuk memastikan ensure that the carrying amount does not differ
bahwa jumlah tercatat tanah tidak berbeda materially from its fair value at the end of the
secara material dengan jumlah yang ditentukan reporting period (Note 16).
dengan menggunakan nilai wajarnya pada akhir
periode pelaporan (Catatan 16).
99
Page 1074
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
o. Aset tetap (lanjutan) o. Premises and equipment (continued)
Jika nilai wajar dari aset yang direvaluasi If the fair value of the revalued asset
mengalami perubahan yang signifikan dan experiences significant and fluctuating changes,
fluktuatif, maka perlu dilakukan revaluasi secara it has to be revalued annually, whereas if the fair
tahunan, sedangkan jika nilai wajar dari aset value of the revalued asset does not experience
yang direvaluasi tidak mengalami perubahan significant and fluctuating changes, it has to be
yang signifikan dan fluktuatif maka perlu revalued once every 3 (three) years.
dilakukan revaluasi setiap 3 (tiga) tahun sekali.
Kenaikan nilai tercatat yang timbul dari revaluasi Increase in the carrying amount arising from
dicatat sebagai “surplus revaluasi aset tetap”, revaluation is recorded in “Revaluation Surplus
dan disajikan dalam penghasilan komprehensif arising from Premises and Equipment” and
lain. Namun, kenaikan tersebut diakui dalam presented in other comprehensive income.
laba rugi hingga sebesar jumlah penurunan nilai However, the increase is recognized in profit or
aset yang sama akibat revaluasi yang pernah loss, to the extent of the amount of impairment
dilakukan sebelumnya dalam laba rugi. of the same assets due to revaluation previously
Penurunan nilai tercatat yang timbul dari recognized in profit or loss. A decrease in the
revaluasi diakui dalam laba rugi. carrying amount arising from the revaluation is
recognized in profit or loss.
Beban pemeliharaan dan perbaikan dibebankan Maintenance and repairment expenses are
pada laba rugi pada saat terjadinya. Beban charged to profit or loss when incurred.
pemugaran dan penambahan dalam jumlah Restoration and addition expenses in significant
besar dikapitalisasi pada jumlah tercatat aset amounts are capitalized to the carrying amount
tetap terkait, bila besar kemungkinan manfaat of the related premises and equipment when it
ekonomi masa depan menjadi lebih besar dari is probable that the future economic benefits
standar kinerja awal yang ditetapkan exceeded the predefined initial performance
sebelumnya dan disusutkan sepanjang sisa standard and are depreciated over the
masa manfaat aset tetap terkait. remaining useful life of the related premises and
equipment.
Aset tetap dalam penyelesaian dicatat sebesar Assets under construction are stated at cost,
biaya perolehan, yang mencakup kapitalisasi including capitalized borrowing costs and other
beban pinjaman dan biaya-biaya lainnya yang costs incurred regarding the financing of the
terjadi sehubungan dengan pendanaan aset assets under constructions. The accumulated
tetap dalam penyelesaian tersebut. Akumulasi costs will be reclassified to the appropriate
biaya perolehan akan direklasifikasi ke akun “Premises and Equipment” account when the
“Aset Tetap” yang bersangkutan pada saat aset construction is completed and the assets are
tetap tersebut telah selesai dikerjakan dan siap ready for their intended use. Assets under
untuk digunakan. Aset tetap dalam construction are not depreciated as these are
penyelesaian tidak disusutkan karena belum not yet available for use.
tersedia untuk digunakan.
100
Page 1075
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
o. Aset tetap (lanjutan) o. Premises and equipment (continued)
Biaya pengurusan legal hak atas tanah dalam The legal cost of land rights in the form of
bentuk Hak Guna Usaha (“HGU”), Hak Guna Business Usage Rights (“Hak Guna Usaha” or
Bangunan (“HGB”) dan Hak Pakai (“HP”) ketika “HGU”), Building Usage Right (“Hak Guna
tanah diperoleh pertama kali diakui sebagai Bangunan” or “HGB”) and Usage Rights (“Hak
bagian dari biaya perolehan tanah pada akun Pakai” or “HP”) when the land was initially
“aset tetap”. Biaya pengurusan perpanjangan acquired are recognized as part of the
atau pembaruan legal hak atas tanah diakui acquisition cost of the land under the “Premises
sebagai aset tidak berwujud dan diamortisasi and Equipment” account. The legal extension or
sepanjang umur hak hukum atau umur ekonomi renewal costs of land rights are recognized as
tanah, mana yang lebih pendek. intangible assets and amortized over life of the
legal rights or the economic life of the land,
whichever is shorter.
Sewa Lease
Suatu sewa diklasifikasikan sebagai sewa A lease is classified as a financing lease if the
pembiayaan jika sewa tersebut mengalihkan lease substantially diverts all the risks and
secara substansial seluruh risiko dan manfaat benefits associated with ownership of the asset.
yang terkait dengan kepemilikan aset. Suatu A lease is classified as an operating lease if the
sewa diklasifikasikan sebagai sewa operasi jika lease does not divert substantially all the risks
sewa tidak mengalihkan secara substansial and benefits associated with ownership of the
seluruh risiko dan manfaat yang terkait dengan asset.
kepemilikan aset.
BRI dan entitas anak menerapkan BRI and its subsidiaries apply SFAS No. 116:
PSAK No. 116 tentang Sewa untuk seluruh Lease for all leases by recognizing right-of-use
sewa dengan mengakui aset hak guna dan assets and related liabilities. BRI applies leases
liabilitas terkait. BRI menerapkan sewa yang which include SFAS No. 116 for class of asset
termasuk PSAK No. 116 atas kelas aset tanah, for land, building, and four-wheeled vehicles
bangunan, dan kendaraan roda empat dengan with underlying assets valued above
aset pendasar bernilai di atas Rp75.000.000 Rp75,000,000 (full amount) and has a lease
(nilai penuh) dan mempunyai jangka waktu period of more than 12 months.
sewa lebih dari 12 bulan.
Pada tanggal insepsi suatu kontrak, BRI dan On the inception date of a contract, BRI and
entitas anak menilai apakah suatu kontrak subsidiaries assess whether a contract is, or
merupakan, atau mengandung, sewa. Suatu contains, a lease. A contract constitutes, or
kontrak merupakan, atau mengandung, sewa contains, a lease if the contract grants the right
jika kontrak tersebut memberikan hak untuk to control the use of an asset for a certain period
mengendalikan penggunaan suatu aset selama of time to gain compensation. To assess
suatu jangka waktu tertentu untuk dipertukarkan whether a contract grants a right to control an
dengan imbalan. Untuk menilai apakah suatu identifying asset, BRI and subsidiaries assess
kontrak memberikan hak untuk mengendalikan whether:
suatu aset identifikasian, BRI dan entitas anak
menilai apakah:
Kontrak melibatkan penggunaan suatu aset The contracts involve the use of an
identifikasian; identifying asset;
BRI dan entitas anak memiliki hak untuk BRI and subsidiaries have the right to
memperoleh secara substansial seluruh substantially acquire all of the economic
manfaat ekonomi dari penggunaan aset benefits of using the asset during the period
selama periode penggunaan; dan of use; and
101
Page 1076
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
o. Aset tetap (lanjutan) o. Premises and equipment (continued)
Sewa (lanjutan) Lease (continued)
Pada tanggal insepsi suatu kontrak, BRI dan On the inception date of a contract, BRI and
entitas anak menilai apakah suatu kontrak subsidiaries assess whether a contract is, or
merupakan, atau mengandung, sewa. Suatu contains, a lease. A contract constitutes, or
kontrak merupakan, atau mengandung, sewa contains, a lease if the contract grants the right
jika kontrak tersebut memberikan hak untuk to control the use of an asset for a certain period
mengendalikan penggunaan suatu aset selama of time to gain compensation. To assess
suatu jangka waktu tertentu untuk dipertukarkan whether a contract grants a right to control an
dengan imbalan. Untuk menilai apakah suatu identifying asset, BRI and subsidiaries assess
kontrak memberikan hak untuk mengendalikan whether: (continued)
suatu aset identifikasian, BRI dan entitas anak
menilai apakah: (lanjutan)
BRI dan entitas anak memiliki hak untuk BRI and subsidiaries have the right to control
mengendalikan aset identifikasian dalam identifying assets in the form of:
bentuk:
a. BRI dan entitas anak memiliki hak untuk a. BRI and subsidiaries have the right to
mengoperasikan aset. operate assets.
b. BRI dan entitas anak mempunyai hak b. BRI and subsidiaries have the right to
untuk menetapkan tujuan apa aset akan determine for what objectives will the
digunakan. asset be used.
BRI dan entitas anak mengakui aset hak guna BRI and subsidiaries recognize right-of-use
dan liabilitas sewa pada tanggal dimulainya assets and lease liabilities on the
sewa. Aset hak guna awalnya diukur pada biaya commencement date of the lease. Right-of-use
perolehan, yang terdiri dari jumlah pengukuran assets are initially measured at the cost of
awal dari liabilitas sewa disesuaikan dengan acquisition, consisting of the initial
pembayaran sewa yang dilakukan pada atau measurement amount of the lease liabilities
sebelum tanggal permulaan, ditambah dengan adjusted to the rental payments made on or
biaya langsung awal yang dikeluarkan. before the commencement date, added with the
initial direct cost incurred.
Setelah tanggal permulaan, aset hak guna After the initial date, the right-of-use assets is
diukur dengan model biaya. Aset hak guna measured by the cost model. The right-of-use
diukur sebesar harga perolehan dikurangi assets is measured by the acquisition price
akumulasi depresiasi dan akumulasi penurunan substracted by accumulated depreciation and
nilai serta disesuaikan dengan pengukuran accumulated impairment and adjusted to the
kembali liabilitas sewa. Liabilitas sewa diukur remeasurement of lease liabilities. Lease
pada biaya perolehan diamortisasi liabilities are measured at amortized cost using
menggunakan metode suku bunga efektif. effective interest rate methods.
Sewa jangka pendek dengan durasi kurang dari Short-term leases with a duration of less than 12
12 bulan dan sewa aset bernilai rendah, serta months and leases of low-value assets, as well
elemen-elemen sewa tersebut, sebagian atau as elements of such leases, partially or entirely
seluruhnya tidak menerapkan prinsip-prinsip do not apply the recognition principles specified
pengakuan yang ditentukan oleh PSAK No. 116. by SFAS No. 116. BRI and its subsidiaries will
BRI dan entitas anak akan mengakui recognize such lease payments on a straight-
pembayaran sewa tersebut dengan dasar garis line basis during the lease period in the
lurus selama masa sewa dalam laporan laba consolidated statements of profit or loss and
rugi dan penghasilan komprehensif lain other comprehensive income. This expense is
konsolidasian. Beban ini ditunjukkan pada indicated on general and administrative
beban umum dan administrasi dalam laporan expenses in the statement of profit or loss.
laba rugi.
102
Page 1077
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
p. Penurunan nilai aset non-keuangan p. Impairment of Non-Financial Assets
Pada setiap akhir periode pelaporan, BRI dan BRI assesses, at the end of each reporting
entitas anak menilai apakah terdapat indikasi period, whether there is an indication that an
suatu aset mengalami penurunan nilai. Jika asset may be impaired. If any such indication
terdapat indikasi tersebut atau pada saat exists, or when the testing at the reporting date,
pengujian pada tanggal laporan diperlukan impairment is required for a certain asset
penurunan atas nilai aset tertentu (yaitu aset (i.e. an intangible asset with an indefinite useful
tidak berwujud dengan umur manfaat tidak life, an intangible asset not yet available for use,
terbatas, aset tidak berwujud yang belum dapat or goodwill acquired in a business combination),
digunakan, atau goodwill yang diperoleh dalam then BRI and subsidiaries will make an estimate
suatu kombinasi bisnis), maka BRI dan entitas of the asset’s recoverable amount.
anak akan membuat estimasi atas jumlah
terpulihkan aset tersebut.
Jumlah terpulihkan yang ditentukan untuk aset The specified recoverable amount for an
individual adalah jumlah yang lebih tinggi antara individual asset is the higher amount between
nilai wajar aset atau Unit Penghasil Kas (UPK) an asset’s or Cash Generating Unit’s (CGU) fair
dikurangi biaya pelepasan dengan nilai value less costs of disposal, and its value in use,
pakainya, kecuali aset tersebut tidak unless the asset does not generate cash inflows
menghasilkan arus kas masuk yang sebagian that are largely independent from other assets
besar independen dari aset atau kelompok aset or groups of assets. If the carrying amount of an
lain. Jika nilai tercatat aset lebih besar daripada asset exceeds its recoverable amount, the asset
nilai terpulihkannya, maka aset tersebut is considered impaired and the asset’s carrying
dianggap mengalami penurunan nilai dan nilai amount is reduced to its recoverable amount.
tercatat aset diturunkan menjadi sebesar nilai Impairment losses from continuing operations
terpulihkannya. Rugi penurunan nilai dari are recognized in the consolidated statement of
operasi yang berkelanjutan diakui pada laporan profit or loss and other comprehensive income
laba rugi dan penghasilan komprehensif lain as “impairment losses”. In assessing the value
konsolidasian sebagai “rugi penurunan nilai”. in use, the estimated net future cash flows are
Dalam menghitung nilai pakai, estimasi arus kas discounted to their present value using a pre-tax
masa depan neto didiskontokan ke nilai kini discount rate that reflects the current market
dengan menggunakan tingkat diskonto sebelum assessments of the time value of money and the
pajak yang menggambarkan penilaian pasar kini risks specific to the asset.
atas nilai waktu uang dan risiko spesifik aset.
Dalam menentukan nilai wajar dikurangi biaya In determining the fair value less costs of
pelepasan, mengacu pada PSAK No. 113: disposal, refer to SFAS No. 113, "Fair Value
”Pengukuran Nilai Wajar” (Catatan 2c). Measurements" (Note 2c).
Kerugian penurunan nilai dari operasi yang Impairment losses from continuing operations, if
berkelanjutan, jika ada, diakui pada laporan laba any, are recognized in the consolidated
rugi dan penghasilan komprehensif lain statement of profit or loss and other
konsolidasian sesuai dengan kategori biaya comprehensive income in accordance with
yang konsisten dengan fungsi aset yang expense categories that are consistent with the
diturunkan nilainya. functions of other impaired assets.
103
Page 1078
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
q. Agunan yang diambil alih q. Foreclosed collaterals
Agunan yang diambil alih sehubungan dengan Foreclosed collaterals in relation to the
penyelesaian kredit (disajikan dalam akun “aset settlement of loans (presented in “Other
lain-lain”) diakui sebesar nilai neto yang dapat Assets”) are recognized at net realizable values
direalisasi atau sebesar nilai tercatat dari kredit, or the carrying amount of the loans, whichever
mana yang lebih rendah. Nilai neto yang dapat is lower. Net realizable value is the fair value of
direalisasi adalah nilai wajar agunan setelah the collateral after deducting the estimated costs
dikurangi estimasi biaya pelepasan. Kelebihan of disposal. The excess in loan balances, which
saldo kredit yang diberikan, yang belum dilunasi has not been paid by debtors over the value of
oleh peminjam di atas nilai dari agunan yang foreclosed collaterals, is charged as provisions
diambil alih, dibebankan sebagai penyisihan for possible losses on loans in the current year.
penghapusan kredit yang diberikan pada tahun The difference between the value of the
berjalan. Selisih antara nilai agunan yang foreclosed collateral and the proceeds from the
diambil alih dengan hasil penjualannya diakui sale are recognized as a gain or loss at the time
sebagai keuntungan atau kerugian pada saat of sale of the collateral.
penjualan agunan.
BRI dan entitas anak mengevaluasi nilai agunan BRI and subsidiaries evaluate the value of
yang diambil alih secara berkala. Penyisihan foreclosed collaterals periodically. The
kerugian agunan yang diambil alih dibentuk allowance for losses on foreclosed collaterals is
berdasarkan penurunan nilai agunan yang assessed based on the impairment of the
diambil alih. foreclosed collaterals.
Beban perbaikan (reconditioning cost) yang Reconditioning costs arising after the
timbul setelah pengambilalihan agunan foreclosure of the collateral are capitalized in the
dikapitalisasi dalam akun agunan yang diambil accounts of the foreclosed collaterals.
alih tersebut.
r. Biaya dibayar dimuka r. Prepaid expenses
Biaya dibayar dimuka diamortisasi selama masa Prepaid expenses are amortized over the useful
manfaat dengan menggunakan metode garis lives using the straight-line method.
lurus (straight-line method).
s. Liabilitas segera s. Liabilities due immediately
Liabilitas segera merupakan liabilitas BRI dan Liabilities due immediately represent the liability
entitas anak kepada pihak lain yang sifatnya of BRI and subsidiaries to external parties which
wajib segera dibayarkan sesuai dengan perintah by nature should be paid immediately in
pemberi amanat perjanjian yang ditetapkan accordance with the requirements in the
sebelumnya. Liabilitas segera diklasifikasikan agreement which have been previously
sebagai liabilitas keuangan dan dihitung determined. Liabilities due immediately is
berdasarkan biaya perolehan diamortisasi. classified as financial liabilities and measured at
amortized cost.
t. Simpanan nasabah dan bank lain serta t. Deposits from customers and other banks
lembaga keuangan lain and other financial institutions
Giro merupakan simpanan nasabah yang Demand deposits are funds deposited by
penarikannya dapat dilakukan setiap saat customers whereby the withdrawal can be done
menggunakan cek, atau dengan cara at any time using a cheque, or through transfer
pemindahbukuan dengan bilyet giro atau sarana with a bank draft or other forms of payment
perintah pembayaran lainnya. Giro dinyatakan order. Demand deposits are stated at the
sebesar nilai liabilitas kepada pemegang giro. amount due to the account holder.
104
Page 1079
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
t. Simpanan nasabah dan bank lain serta t. Deposits from customers and other banks
lembaga keuangan lain (lanjutan) and other financial institutions (continued)
Tabungan merupakan simpanan nasabah yang Saving deposits are the funds deposited by
penarikannya hanya dapat dilakukan menurut customers which can only be withdrawn under
syarat tertentu yang disepakati. Tabungan certain agreed conditions. Saving deposits are
dinyatakan sebesar nilai liabilitas kepada pemilik stated at the amount due to the account holders.
tabungan.
Deposito berjangka merupakan simpanan Time deposits are funds deposited by
nasabah yang penarikannya hanya dapat customers that may only be withdrawn after
dilakukan pada waktu tertentu sesuai perjanjian a certain time based on agreement between the
antara penyimpan dengan BRI dan Bank Raya. depositor and BRI and Bank Raya. Time
Deposito berjangka dinyatakan sebesar nilai deposits are stated at the nominal amount
nominal yang tercantum dalam bilyet deposito stated in the certificates of deposit or at the
atau yang diperjanjikan. amount stated in the agreement.
Simpanan dari bank lain dan lembaga keuangan Deposits from other banks and other financial
lain terdiri dari liabilitas terhadap bank lain, baik institutions consist of liabilities to other banks,
lokal maupun luar negeri, dalam bentuk giro, either domestic or overseas, in the form of
tabungan, deposito berjangka, deposit on call, demand deposits, saving deposits, time
dan inter-bank call money dengan promes yang deposits, deposit on call and inter-bank call
berjangka waktu sampai dengan 90 hari serta money with promissory notes with a term of up
dinyatakan sesuai dengan jumlah liabilitas to 90 days and stated at the amount due to other
terhadap bank dan lembaga keuangan lainnya banks and financial institutions.
tersebut.
Simpanan nasabah dan bank lain serta lembaga Deposits from customers and other banks and
keuangan lain diklasifikasikan sebagai liabilitas other financial institutions are classified as
keuangan yang diukur dengan biaya perolehan financial liabilities measured at amortized cost
diamortisasi menggunakan suku bunga efektif. using effective interest rate. Additional costs
Biaya tambahan yang dapat diatribusikan directly attributable to the acquisition of deposits
secara langsung dengan perolehan simpanan from customers are deducted from the amount
nasabah dikurangkan dari jumlah simpanan of the deposits received.
yang diterima.
Efek-efek yang dibeli dengan janji dijual Securities purchased under agreement to
kembali resell
Efek-efek yang dibeli dengan janji untuk dijual Securities purchase under agreements to resell
kembali disajikan sebagai aset keuangan dalam are presented as financial asset in the
laporan posisi keuangan konsolidasian sebesar consolidated statements of financial position at
jumlah penjualan kembali dikurangi dengan the resale prices less unamortized interest
bunga yang belum diamortisasi dan cadangan income and allowance for impairment losses.
kerugian penurunan nilai. Selisih antara harga The difference between the purchase price and
beli dan harga jual kembali diperlakukan sebagai the agreed resale price is treated as
pendapatan bunga yang ditangguhkan (belum a deferred interest income (unamortized) and
diamortisasi) dan diakui sebagai pendapatan recognized as income over the period
selama periode sejak efek-efek tersebut dibeli commencing from the acquisition date to the
hingga dijual kembali dengan menggunakan resale date using the effective interest rate.
suku bunga efektif.
105
Page 1080
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
u. Efek-efek yang dibeli dengan janji dijual u. Securities purchased under agreement to
kembali dan efek-efek yang dijual dengan resell and securities sold under agreement
janji dibeli kembali (lanjutan) to repurchase (continued)
Efek-efek yang dibeli dengan janji dijual Securities purchased under agreement to
kembali (lanjutan) resell (continued)
Efek-efek yang dibeli dengan janji untuk dijual Securities purchased under agreement to resell
kembali diklasifikasikan sebagai biaya are classified as amortized costs.
perolehan diamortisasi.
Efek-efek yang dijual dengan janji dibeli Securities sold under agreement to
kembali repurchase
Efek-efek yang dijual dengan janji untuk dibeli Securities sold under agreement to repurchase
kembali disajikan sebagai liabilitas keuangan are presented as financial liabilities in the
dalam laporan posisi keuangan konsolidasian consolidated statement of financial position at
sebesar jumlah pembelian kembali, dikurangi the repurchase prices less unamortized prepaid
dengan bunga dibayar dimuka yang belum interest. The difference between the selling and
diamortisasi. Selisih antara harga jual dan harga the repurchase price is treated as prepaid
beli kembali diperlakukan sebagai biaya dibayar expense and recognized as expense over the
dimuka dan diakui sebagai beban selama jangka period commencing from the selling date to the
waktu sejak efek tersebut dijual hingga dibeli repurchase date using effective interest rate.
kembali menggunakan suku bunga efektif.
Efek-efek yang dijual dengan janji untuk dibeli Securities sold under agreement to repurchase
kembali diklasifikasikan sebagai liabilitas are classified as financial liabilities measured at
keuangan yang diukur dengan biaya perolehan amortized cost.
diamortisasi.
v. Surat berharga yang diterbitkan v. Marketable securities issued
Surat berharga yang diterbitkan oleh BRI, BRI Securities issued by BRI, BRI Multifinance,
Multifinance, Pegadaian dan PNM adalah Pegadaian and PNM are Bonds, Medium Term
Obligasi, Medium Term Notes (MTN), Long Term Notes (MTN), Long Term Notes (LTN),
Notes (LTN), Surat Berharga Komersial, dan Commercial Paper, and Sukuk Mudharabah.
Sukuk Mudharabah. Surat berharga yang Securities issued were initially recognized at fair
diterbitkan pada awalnya diakui sebesar nilai value and subsequently measured at amortized
wajar dan selanjutnya diukur sebesar biaya cost using the Effective Interest Rate (EIR)
perolehan diamortisasi dengan menggunakan method. The amortized cost is calculated by
metode suku bunga efektif (EIR). Biaya taking into account any discount or premium
perolehan diamortisasi dihitung dengan related to the initial recognition and transaction
memperhitungkan adanya diskonto atau premi costs that are an integral part of the effective
terkait dengan pengakuan awal dan biaya interest rate.
transaksi yang tidak terpisah dari suku bunga
efektif.
106
Page 1081
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
w. Pinjaman yang diterima w. Fund borrowings
Pinjaman yang diterima merupakan dana yang Fund borrowings represent funds received from
diterima dari bank lain, Bank Indonesia atau other banks, Bank Indonesia or other parties with
pihak lain dengan liabilitas pembayaran kembali a repayment obligation in accordance with the
sesuai dengan persyaratan perjanjian pinjaman. terms of the borrowing agreements.
Pinjaman yang diterima diakui sebesar nilai Fund borrowings are recognized initially at fair
wajar pada awalnya dan selanjutnya diukur value and subsequently measured at amortized
sebesar biaya perolehan diamortisasi dengan cost using the Effective Interest Rate (EIR)
menggunakan metode suku bunga efektif (EIR). method. The amortized cost is calculated by
Biaya perolehan diamortisasi dihitung dengan taking into account any discount or premium
memperhitungkan adanya diskonto atau premi related to the initial recognition and transaction
terkait dengan pengakuan awal dan biaya costs that are an integral part of the effective
transaksi yang tidak terpisah dari suku bunga interest rate.
efektif.
x. Pinjaman dan surat berharga subordinasi x. Subordinated loans and marketable
securities
Pinjaman dan surat berharga subordinasi diakui Subordinated loans and marketable securities
sebesar nilai wajar pada awalnya dan are recognized initially at fair value and
selanjutnya diukur sebesar biaya perolehan subsequently measured at amortized cost using
diamortisasi dengan menggunakan metode the effective interest rate method. The amortized
suku bunga efektif. Biaya perolehan diamortisasi cost is calculated by taking into account any
dihitung dengan memperhitungkan adanya discount or premium related to the initial
diskonto atau premi terkait dengan pengakuan recognition and transaction costs that are an
awal dan biaya transaksi yang tidak terpisah dari integral part of the effective interest rate.
suku bunga efektif.
y. Provisi y. Provisions
Provisi diakui jika BRI dan entitas anak memiliki Provisions are recognized when BRI and
kewajiban kini (baik bersifat hukum maupun subsidiaries have a current obligation (both legal
bersifat konstruktif) yang akibat peristiwa masa or constructive) that, resulted from past events,
lalu, besar kemungkinannya penyelesaian the settlement of these obligations will likely
kewajiban tersebut mengakibatkan arus keluar result in an outflow of resources that contain
sumber daya yang mengandung manfaat economic benefits and a reliable estimation of
ekonomi dan estimasi yang andal mengenai the amount of the obligation can be made.
jumlah kewajiban tersebut dapat dibuat.
Provisi ditelaah pada setiap tanggal pelaporan Provisions are reviewed at each reporting date
dan disesuaikan untuk mencerminkan estimasi and adjusted to reflect the best estimate. If the
terbaik yang paling terkini. Jika arus keluar outflow of resources to settle the obligation is
sumber daya untuk menyelesaikan kewajiban unlikely to occur, then the provision is reversed.
kemungkinan besar tidak terjadi, maka provisi
dibalik.
107
Page 1082
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
z. Pendapatan dan beban bunga z. Interest income and interest expense
Pendapatan dan beban bunga untuk semua Interest income and expense for all interest
instrumen keuangan yang interest bearing diakui bearing financial instruments are recognized in
pada laporan laba rugi dan penghasilan the consolidated statement of profit or loss and
komprehensif lain konsolidasian dengan other comprehensive income using the effective
menggunakan metode suku bunga efektif. Suku interest rate method. The effective interest rate
bunga efektif adalah suku bunga yang secara is the interest rate that precisely discounts the
tepat mendiskontokan estimasi pembayaran estimated future cash payments or inflows
atau penerimaan kas di masa datang selama through the expected life of the financial asset or
perkiraan umur dari aset keuangan atau liabilitas financial liability (or, if more precise, a shorter
keuangan (atau, jika lebih tepat, digunakan period) to obtain the net carrying amount of the
periode yang lebih singkat) untuk memperoleh financial asset or financial liability.
nilai tercatat neto dari aset keuangan atau
liabilitas keuangan.
Pada saat menghitung suku bunga efektif, BRI When calculating the effective interest rate, BRI
dan entitas anak mengestimasi arus kas di masa and subsidiaries estimate the future cash flows
datang dengan mempertimbangkan seluruh by considering all contractual terms in the
persyaratan kontraktual dalam instrumen financial instruments except the future credit
keuangan tersebut, tetapi tidak losses. This calculation includes all
mempertimbangkan kerugian kredit di masa commissions, provisions and other fees
mendatang. Perhitungan ini mencakup seluruh received between parties of the contract that are
komisi, provisi dan bentuk lain yang diterima an integral part of the effective interest rate,
oleh para pihak dalam kontrak yang merupakan transaction costs and all other premium or
bagian tak terpisahkan dari suku bunga efektif, discounts.
biaya transaksi, dan seluruh premi atau diskon
lainnya.
aa. Pendapatan provisi dan komisi aa. Fee and commissions income
Pendapatan provisi dan komisi yang berkaitan Fees and commissions income directly related
langsung dengan kegiatan pemberian kredit, to lending activities, or fees and commissions
atau pendapatan provisi dan komisi yang income related to a specific period of time, are
berhubungan dengan jangka waktu tertentu, amortized over the term of the contract using the
diamortisasi sesuai dengan jangka waktu effective interest rate and classified as part of
kontrak menggunakan suku bunga efektif interest income in the consolidated statement of
dan diklasifikasikan sebagai bagian dari profit or loss and other comprehensive income.
pendapatan bunga pada laporan laba rugi dan
penghasilan komprehensif lain konsolidasian.
Pendapatan provisi dan komisi yang tidak Fees and commissions income unrelated to the
berkaitan dengan kegiatan pemberian kredit lending activities or a specific period of time
atau suatu jangka waktu dan/atau terkait dengan and/or related to provision of a service, are
pemberian suatu jasa, diakui sebagai recognized as income at the time that the
pendapatan pada saat terjadinya transaksi dan transaction occurred and recorded in other
dicatat pada akun pendapatan operasional operating income account.
lainnya.
ab. Pendapatan dan beban syariah ab. Shariah income and expense
Pendapatan syariah terdiri dari pendapatan dari Sharia income consists of income from
transaksi piutang murabahah, dan pendapatan transaction of Murabahah receivables, profit
bagi hasil dari pembiayaan mudharabah dan sharing from Mudharabah and Musyarakah
musyarakah. financing.
108
Page 1083
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ab. Pendapatan dan beban syariah (lanjutan) ab. Shariah income and expense (continued)
Pendapatan atas piutang murabahah Income from Murabahah receivables is
menggunakan metode margin efektif. Margin recognized using the effective margin method.
efektif adalah margin yang secara tepat Effective margin is the margin that precisely
mendiskontokan estimasi pembayaran atau discounts the estimated future cash payments or
penerimaan kas di masa datang selama inflows through the expected life of the
perkiraan umur dari piutang murabahah. Pada Murabahah receivables. When calculating the
saat menghitung margin efektif, entitas anak effective margin, BRI’s subsidiaries estimates
mengestimasi arus kas di masa datang dengan the future cash flows by considering all
mempertimbangkan seluruh persyaratan contractual terms in the financial instrument,
kontraktual dalam instrumen keuangan tersebut, except the future credit losses. This calculation
tetapi tidak mempertimbangkan kerugian includes all commissions, fees and other forms
piutang di masa mendatang. Perhitungan ini received by the parties in the contract that are
mencakup seluruh komisi, provisi dan bentuk inseparable from the effective margin,
lain yang diterima oleh para pihak dalam kontrak transaction costs and all other premiums or
yang merupakan bagian tidak terpisahkan dari discounts.
margin efektif, biaya transaksi, dan seluruh
premi atau diskon lainnya.
Pendapatan bagi hasil pembiayaan Mudharabah and Musyarakah financing profit
mudharabah dan musyarakah diakui pada saat sharing income are recognized upon receipt or
diterima atau dalam periode terjadinya hak bagi in a period when the right of profit sharing
hasil sesuai porsi bagi hasil (nisbah) yang occurred in accordance with the agreed profit-
disepakati. sharing portion (nisbah).
ac. Pendapatan jasa asuransi dan beban jasa ac. Insurance service income and insurance
asuransi service expense
Sejak 1 Januari 2025 Since January 1, 2025
Pendapatan jasa asuransi Insurance service income
Pendapatan jasa asuransi entitas anak The insurance service income of the subsidiaries
mencerminkan penyediaan perlindungan dan reflect the provision of coverage and other
layanan lain yang timbul dari sekelompok services arising from a group of insurance
kontrak asuransi dengan jumlah yang contracts at an amount that reflects the
mencerminkan imbalan yang diharapkan consideration expected to be received by the
diterima entitas anak sebagai imbalan atas subsidiaries in exchange for those services.
layanan tersebut.
Pendapatan jasa asuransi dari sekelompok The insurance service income from a group of
kontrak asuransi merupakan bagian yang insurance contracts is the relevant portion for
relevan untuk periode tersebut, yang that period, which is reflected in:
tercerminkan dari:
Biaya layanan asuransi, tidak termasuk Insurance service expenses, excluding any
jumlah yang dialokasikan untuk komponen amounts allocated to the loss component of
kerugian dari kewajiban untuk the liability for remaining coverage.
perlindungan yang tersisa.
Pelepasan Contractual Service Margin The Contractual Service Margin (CSM)
(CSM). release.
Jumlah yang terkait dengan arus kas Amounts related to insurance acquisition
akuisisi asuransi. cash flows.
109
Page 1084
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ac. Pendapatan jasa asuransi dan beban jasa ac. Insurance service income and insurance
asuransi (lanjutan) service expense (continued)
Sejak 1 Januari 2025 (lanjutan) Since January 1, 2025 (continued)
Pendapatan jasa asuransi (lanjutan) Insurance service income (continued)
Pelepasan penyesuaian risiko untuk risiko non- The risk adjustment release for non-financial
keuangan, tidak termasuk jumlah yang risk, excluding any amounts allocated to the loss
dialokasikan untuk komponen kerugian dari component of the liability for remaining coverage
kewajiban untuk perlindungan yang tersisa.
Biaya jasa asuransi Insurance service expense
Biaya jasa asuransi mencerminkan beban yang Insurance service expense reflects the costs
timbul dari pelaksanaan jasa asuransi selama incurred in providing insurance services during
periode pelaporan. Biaya jasa asuransi meliputi: the reporting period. Insurance service expense
includes:
Beban akuisisi amortisasi yang terkait Amortized acquisition expenses related to
dengan kontrak asuransi insurance contracts
Kerugian dan pembalikan kerugian atas Losses and reversal of losses on onerous
kontrak yang merugikan contracts
Klaim dan manfaat yang dibayarkan Claims and benefits paid (including claims
(termasuk biaya penyelesaian klaim) handling costs)
Biaya lain yang secara langsung Other expenses directly attributable to the
berhubungan dengan penyediaan jasa provision of insurance services
asuransi
Entitas anak mengakui biaya jasa asuransi pada The subsidiaries recognize insurance service
saat terjadinya dan mengukurnya sebesar expenses as they are incurred and measures
jumlah yang dibayarkan atau terutang, serta them at the amount paid or payable, adjusted by
menyesuaikan nilai kini dari estimasi arus kas the present value of expected future cash
keluar masa depan untuk memenuhi kewajiban outflows to fulfill the insurance contract
kontrak asuransi. obligations.
Estimasi arus kas masa depan didasarkan pada The estimation of future cash flows is based on
asumsi terbaik manajemen mengenai mortalitas, management’s best estimates, including
morbiditas, tingkat pembatalan, biaya assumptions related to mortality, morbidity,
operasional, serta tingkat diskonto yang lapse rates, operating expenses, and discount
mencerminkan nilai waktu atas uang dan risiko rates that reflect the time value of money and
non-keuangan. non-financial risks.
Pendapatan atau beban neto dari kontrak Net income or expense from reinsurance
reasuransi milikan contracts held
Beban neto dari kontrak reasuransi terdiri dari Net expenses from reinsurance contracts
beban jasa reasuransi dikurangi jumlah yang comprise reinsurance service expenses less
dipulihkan dari reasuradur. amounts recovered from reinsurers.
110
Page 1085
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ac. Pendapatan jasa asuransi dan beban jasa ac. Insurance service income and insurance
asuransi (lanjutan) service expense (continued)
Sejak 1 Januari 2025 (lanjutan) Since January 1, 2025 (continued)
Pendapatan atau beban neto dari kontrak Net income or expense from reinsurance
reasuransi milikan (lanjutan) contracts held (continued)
Entitas anak menyajikan secara terpisah laporan The subsidiaries present separately on the face
laba rugi jumlah yang diharapkan dapat of the statement of profit or loss the amounts
dipulihkan dari reasuradur, serta alokasi premi expected to be recovered from reinsurers, and
reasuransi yang dibayarkan. Entitas anak an allocation of the reinsurance premiums paid.
menganggap arus kas reasuransi yang The subsidiaries treat reinsurance cash flows
bergantung pada klaim dari kontrak pendasar that are contingent on claims on the underlying
sebagai bagian dari klaim yang diharapkan akan contracts as part of the claims that are
diganti berdasarkan kontrak reasuransi milikan, expected to be reimbursed under the
dan mengecualikan komponen investasi serta reinsurance contract held, and excludes
komisi dari alokasi premi reasuransi yang investment components and commissions from
disajikan pada laporan laba rugi. Jumlah yang an allocation of reinsurance premiums
terkait dengan pemulihan kerugian yang presented on the face of the statement of profit
berkaitan dengan reasuransi kontrak langsung or loss. Amounts relating to the recovery of
yang merugi termasuk sebagai jumlah yang losses relating to reinsurance of onerous direct
dapat dipulihkan dari reasuradur. contracts are included as amounts recoverable
from the reinsurer.
Sebelum 1 Januari 2025 Before January 1, 2025
Premi kontrak asuransi jangka pendek diakui Premiums of short-term insurance contracts are
sebagai pendapatan dalam periode kontrak recognized as income within the contract period
sesuai dengan proporsi jumlah proteksi asuransi in accordance with the proportion of the amount
yang diberikan. Premi kontrak asuransi bukan of the insurance protection provided. Premiums
jangka pendek diakui sebagai pendapatan pada of non short-term insurance contracts are
saat jatuh tempo dari pemegang polis. Premi recognized as income when due from the policy
yang diterima sebelum diterbitkannya polis holders. Premiums received prior to the
asuransi atau tanggal premi jatuh tempo dicatat issuance of insurance policies or premium due
sebagai titipan premi. date are recorded as premium deposit.
Premi terkait kontrak investasi dan jumlah Premiums related to investment contract and the
komponen risiko keuangan kontrak asuransi amount of financial risk component of insurance
dicatat sebagai deposit melalui laporan posisi contract are recorded as deposit through the
keuangan konsolidasian sebagai penyesuaian consolidated statement of financial position as
terhadap akun liabilitas kontrak investasi. an adjustment to the investment contract
liabilities accounts.
Premi reasuransi bruto diakui sebagai beban Gross reinsurance premiums are recognized as
pada saat dibayarkan atau pada tanggal di mana expenses when paid or on the date when the
polis tersebut efektif. policy becomes effective.
111
Page 1086
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ac. Pendapatan jasa asuransi dan beban jasa ac. Insurance service income and insurance
asuransi (lanjutan) service expense (continued)
Sebelum 1 Januari 2025 (lanjutan) Before January 1, 2025 (lanjutan)
Klaim dan manfaat asuransi merupakan klaim- Insurance claims and benefits are approved
klaim yang telah disetujui (approved claim). claims. These claims and benefits are
Klaim dan manfaat tersebut diakui sebagai recognized as expense when the liabilities to
beban pada saat timbulnya liabilitas untuk cover the claims are incurred. A portion of claims
memenuhi klaim. Bagian klaim yang diperoleh from the reinsurers is recognized and recorded
dari reasuradur diakui dan dicatat sebagai klaim as reinsurance claim in the same period as the
reasuransi pada periode yang sama dengan recognition of claim expenses.
pengakuan beban klaim.
Klaim dan manfaat asuransi terkait kontrak Insurance claims and benefits related to
investasi dan jumlah komponen risiko keuangan investment contract and the amount of financial
kontrak asuransi dicatat sebagai penarikan risk component of insurance contract are
(withdrawal) melalui laporan posisi keuangan recorded as withdrawal through the consolidated
konsolidasian sebagai penyesuaian terhadap statement of financial position as an adjustment
akun liabilitas kontrak investasi. to the investment contract liabilities accounts.
ad. Liabilitas kontrak asuransi dan aset kontrak ad. Insurance contract liabilities and
reasuransi reinsurance contract asset
Kontrak asuransi adalah kontrak yang Insurance contract is a contract issued by
diterbitkan oleh perusahaan asuransi dimana insurance companies which the insurer accepts
perusahaan asuransi menerima risiko asuransi significant insurance risk from the policyholders.
yang signifikan dari pemegang polis. Risiko Significant insurance risk is defined as the
asuransi yang signifikan didefinisikan sebagai possibility that the insurer will be required to pay
kemungkinan bagi perusahaan asuransi untuk substantial benefit to the insured if an insured
membayar manfaat yang signifikan kepada event occurs compared to the minimum benefit
tertanggung apabila suatu kejadian atas risiko payable in a scenario where the insured event
yang diasuransikan terjadi dibandingkan on the risk covered does not occur. Scenarios
dengan manfaat minimum yang akan that are considered are those with commercial
dibayarkan apabila risiko yang diasuransikan substance.
tidak terjadi. Skenario-skenario yang
diperhatikan adalah skenario yang mengandung
unsur komersial.
112
Page 1087
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ad. Liabilitas kontrak asuransi (lanjutan) ad. Insurance contract liabilities (continued)
Sejak 1 Januari 2025 Since January 1, 2025
Berdasarkan PSAK No. 117, kontrak asuransi Under SFAS No. 117, insurance contracts are
dikelompokkan menjadi kelompok-kelompok aggregated into groups for measurement
untuk tujuan pengukuran. Kelompok kontrak purposes. Groups of insurance contracts are
asuransi ditentukan dengan mengidentifikasi determined by identifying portfolios of insurance
portofolio kontrak asuransi, di mana setiap contracts, where each portfolio comprise group
portofolio terdiri dari kelompok kontrak dengan of contracts with similar risks which are
risiko yang serupa yang dikelola bersama. managed together. The portfolios are further
Portofolio tersebut dibagi lebih lanjut divided based on the profitability of contracts
berdasarkan profitabilitas kontrak menjadi tiga into three categories: onerous contracts,
kategori: kontrak yang merugikan, kontrak yang contracts with no significant risk of becoming
tidak memiliki risiko signifikan untuk menjadi onerous, and the remaining contracts. The
merugikan, dan kontrak yang tersisa. Kontrak insurance contracts are also grouped into
asuransi juga dikelompokkan menjadi kohort annual cohorts (i.e. by year of issue). Portfolios
tahunan (yaitu berdasarkan tahun penerbitan). of reinsurance contracts held are assessed for
Portofolio kontrak reasuransi yang dimiliki dinilai aggregation separately from portfolios of
untuk agregasi secara terpisah dari portofolio insurance contracts issued.
kontrak asuransi yang diterbitkan.
Pengakuan awal dan batasan kontrak Initial recognition and contract boundary
Kelompok kontrak asuransi diukur pada Groups of insurance contracts are measured on
pengakuan awal sebagai total dari: initial recognition as the total of:
Arus kas pemenuhan, yang terdiri dari Fulfilment cash flows, comprising the best
estimasi terbaik nilai kini arus kas masa estimate of the present value of future cash
depan dalam batas kontrak yang diharapkan flows within the contract boundary that are
akan muncul, serta penyesuaian risiko expected to arise and an explicit risk
eksplisit untuk risiko non-keuangan; dan adjustment for non-financial risk; and
Contractual Service Margin (CSM) yang A Contractual Service Margin (CSM) that
mewakili keuntungan yang belum diakui represents the unearned profit at initial
pada pengakuan awal dan akan diakui recognition, which will be recognized as
sebagai pendapatan selama periode jasa revenue over the period during which
asuransi diberikan. insurance services are provided.
113
Page 1088
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ad. Liabilitas kontrak asuransi (lanjutan) ad. Insurance contract liabilities (continued)
Sejak 1 Januari 2025 (lanjutan) Since January 1, 2025 (continued)
Pengakuan awal dan batasan kontrak (lanjutan) Initial recognition and contract boundary
(lanjutan)
BRI Life dan BRI Insurance mengakui kelompok BRI Life and BRI Insurance recognise groups of
kontrak asuransi yang diterbitkan dari yang insurance contracts issued from the earliest of
paling awal di antara hal-hal berikut: the following:
Awal periode perlindungan kelompok The beginning of the coverage period of the
kontrak; group of contracts;
Tanggal ketika pembayaran premi pertama The date when first premium payment from
dari pemegang polis dalam kelompok jatuh policyholder in the group becomes due;
tempo; dan and
Untuk kelompok kontrak yang merugikan, For a group of onerous contracts, as soon
segera setelah fakta dan keadaan as facts and circumstances indicate that the
menunjukkan bahwa kelompok tersebut group is onerous.
merugikan.
Batas kontrak mendefinisikan arus kas masa The contract boundary defines which future cash
depan yang mana termasuk dalam pengukuran flows are included in the measurement of a
kontrak. Akhir batas kontrak dianggap terjadi contract. The end of the contract boundary is
pada saat BRI Life dan BRI Insurance tidak lagi considered to be at the point when BRI Life and
memiliki hak dan kewajiban substansial BRI Insurance no longer have substantive rights
berdasarkan kontrak asuransi untuk and obligations under the insurance contract to
memberikan layanan atau memaksa pemegang provide services or compel the policyholder to
polis untuk membayar premi. pay premiums.
Liabilitas kepada pemegang polis BRI Life dan Liabilities to policyholders BRI Life and BRI
BRI Insurance dicatat di laporan posisi Insurance are recorded in the consolidated
keuangan konsolidasian sebagai bagian dari statement of financial position as part of “Other
“Liabilitas lain-lain” berdasarkan perhitungan Liabilities” based on actuarial calculations using
aktuaris dengan menggunakan asumsi actuarial assumptions.
aktuarial.
BRI Life dan BRI Insurance memisahkan jumlah BRI Life and BRI Insurance disaggregate the
yang diakui dalam laporan laba rugi dan amounts recognized in the statement of profit or
penghasilan komprehensif lainnya menjadi hasil loss and other comprehensive income into a
jasa asuransi, yang terdiri dari pendapatan insurance service result, comprising insurance
asuransi dan biaya jasa asuransi, serta revenue and insurance service expenses, and
pendapatan atau biaya keuangan asuransi. insurance finance income or expenses.
114
Page 1089
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ad. Liabilitas kontrak asuransi (lanjutan) ad. Insurance contract liabilities (continued)
Sejak 1 Januari 2025 (lanjutan) Since January 1, 2025 (continued)
Contractual Service Margin (“CSM”) Contractual Service Margin (“CSM”)
CSM disesuaikan pada setiap periode The CSM is adjusted at each subsequent
pelaporan untuk perubahan arus kas masa reporting period for changes in expected future
depan yang diharapkan yang disebabkan oleh cash flows driven by changes in technical
perubahan asumsi teknis atau asumsi estimasi assumptions or best estimate assumptions
terbaik (kematian, morbiditas, umur panjang, (death, morbidity, longevity, surrenders,
lapse atau penarikan, biaya). Namun, jika expenses). However, if negative changes in
perubahan negatif pada arus kas masa depan future discounted cash flows are greater than the
yang didiskontokan lebih besar dari sisa CSM, remaining CSM, the difference is immediately
selisihnya segera diakui dalam laporan laba rugi recognized in the consolidated statement of
dan penghasilan komprehensif lain profit or loss and other comprehensive income
konsolidasian karena kontrak asuransi menjadi as the insurance contract become onerous and
merugi dan CSM tidak boleh negatif. Interest the CSM cannot be negative. Interest is also
juga diakumulasikan pada CSM dengan tingkat accreted on the CSM at rates locked in at initial
bunga yang dikunci pada saat pengakuan awal recognition of a contract (i.e. discount rate used
kontrak (yaitu tingkat diskonto yang digunakan at inception to determine the present value of the
pada saat awal untuk menentukan nilai estimated future cash flows).
sekarang dari arus kas masa depan yang
diperkirakan).
CSM akan released ke laba atau rugi The CSM will be released into profit or loss
berdasarkan unit pertanggungan, based on coverage units, reflecting the quantity
mencerminkan jumlah manfaat yang diberikan of the benefits provided and the expected
dan durasi pertanggungan yang diharapkan dari coverage duration of the remaining contracts in
kontrak yang tersisa dalam kelompok kontrak the insurance group of contract. Given the
asuransi. Mengingat keragaman kontrak variety of insurance contracts, the definition of
asuransi, definisi unit pertanggungan coverage units involves the use of judgment by
melibatkan penggunaan penilaian dengan considering both the level of coverage defined
mempertimbangkan tingkat pertanggungan within the contract based on the maximum of
yang ditetapkan dalam kontrak berdasarkan insurance benefit (e.g. a death benefit,
maksimum manfaat asuransi (misalnya manfaat outstanding loan balance, the policyholders’
meninggal, saldo pinjaman yang belum dibayar, account value plus death benefit, maximum of
nilai akun pemegang polis ditambah manfaat health benefit) and the expected coverage
meninggal, maksimum manfaat kesehatan) dan duration of the contract.
durasi pertanggungan yang diharapkan dari
kontrak.
Arus kas biaya akuisisi asuransi Insurance acquisition cash flows
Arus kas akuisisi asuransi muncul dari biaya Insurance acquisition cash flows arise from the
penjualan, underwriting, dan memulai costs of selling, underwriting and starting a
kelompok kontrak asuransi (yang diterbitkan group of insurance contracts (issued or
atau yang diharapkan akan terbit) yang secara expected to be issued) that are directly
langsung dapat diatribusikan kepada portofolio attributable to the portfolio of insurance
kontrak asuransi yang menjadi bagian dari contracts to which the group belongs.
kelompok tersebut.
115
Page 1090
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ad. Liabilitas kontrak asuransi (lanjutan) ad. Insurance contract liabilities (continued)
Sejak 1 Januari 2025 (lanjutan) Since January 1, 2025 (continued)
Komponen kerugian Loss components
BRI Life dan BRI Insurance telah BRI Life and BRI Insurance have grouped
mengelompokkan kontrak yang merugikan pada contracts that are onerous at initial recognition
pengakuan awal secara terpisah dari kontrak separately from contracts in the same portfolio
dalam portofolio yang sama yang tidak that are not onerous at initial recognition. Groups
merugikan pada pengakuan awal. Kelompok that were not onerous at initial recognition can
yang tidak merugikan pada pengakuan awal also subsequently become onerous if
juga dapat menjadi merugikan jika asumsi dan assumptions and experience changes. The
pengalaman berubah. Entitas anak telah subsidiaries have established a loss component
menetapkan komponen kerugian dari kewajiban of the liability for remaining coverage for any
untuk perlindungan yang tersisa untuk setiap onerous group depicting the future losses
kelompok merugikan yang menggambarkan recognised.
kerugian masa depan yang diakui.
Komponen kerugian dilepaskan berdasarkan The loss component is released based on a
alokasi sistematis dari perubahan selanjutnya systematic allocation of the subsequent changes
dalam arus kas pemenuhan kepada: in the fulfilment cash flows to: (i) the loss
(i) komponen kerugian; dan (ii) kewajiban untuk component; and (ii) the liability for remaining
perlindungan yang tersisa, tidak termasuk coverage excluding the loss component. The
komponen kerugian. Komponen kerugian juga loss component is also updated for subsequent
diperbarui untuk perubahan selanjutnya dalam changes in estimates of the fulfilment cash flows
estimasi arus kas pemenuhan yang terkait related to future service.
dengan layanan masa depan.
Alokasi sistematis dari perubahan selanjutnya The systematic allocation of subsequent
ke komponen kerugian mengakibatkan jumlah changes to the loss component results in the
total yang dialokasikan ke komponen kerugian total amounts allocated to the loss component
menjadi sama dengan nol pada akhir periode being equal to zero by the end of the coverage
perlindungan dari sekelompok kontrak (karena period of a group of contracts (since the loss
komponen kerugian akan terwujud dalam component will have been materialised in the
bentuk klaim yang terjadi). BRI Life dan BRI form of incurred claims). BRI Life and BRI
Insurance menggunakan proporsi pada Insurance use the proportion on initial
pengakuan awal untuk menentukan alokasi recognition to determine the systematic
sistematis dari perubahan selanjutnya dalam allocation of subsequent changes in future cash
arus kas masa depan antara komponen flows between the loss component and the
kerugian dan kewajiban untuk perlindungan liability for remaining coverage excluding the
yang tersisa, tidak termasuk komponen loss component.
kerugian.
Setiap bunga, keuntungan atau kerugian dari Any interest, gain or loss due to increases or
kenaikan atau penurunan nilai pasar investasi decreases in market value of investments are
dicatat sebagai pendapatan atau beban, disertai recorded as income or expense, with a
dengan pengakuan kenaikan atau penurunan corresponding recognition of increase or
liabilitas kepada pemegang polis unit-link di decrease in liability to unit-link policyholders in
laporan laba rugi dan penghasilan komprehensif the statement of profit or loss and other
lain konsolidasian dan liabilitas kepada comprehensive income and liability to unit-link
pemegang polis unit-link di laporan posisi policyholders in the consolidated statement of
keuangan konsolidasian. financial position.
116
Page 1091
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ad. Liabilitas kontrak asuransi (lanjutan) ad. Insurance contract liabilities (continued)
Sejak 1 Januari 2025 (lanjutan) Since January 1, 2025 (continued)
Pendapatan dan biaya keuangan asuransi Insurance finance income and expense
Pendapatan atau biaya keuangan asuransi Insurance finance income or expenses comprise
terdiri dari perubahan dalam jumlah tercatat dari the change in the carrying amount of the group
kelompok kontrak asuransi yang timbul dari: of insurance contracts arising from:
Pengaruh nilai waktu uang dan perubahan The effect of the time value of money and
dalam nilai waktu uang. changes in the time value of money.
Pengaruh risiko keuangan dan perubahan The effect of financial risk and changes in
dalam risiko keuangan. financial risk.
Sebelum 1 Januari 2025 Before January 1, 2025
a. Liabilitas manfaat polis masa depan a. Liabilities for future policy benefits
Liabilitas manfaat polis masa depan Liabilities for future policy benefits represent
merupakan nilai kini estimasi pembayaran the present value of estimated payments of
seluruh manfaat yang diperjanjikan all the agreed benefits including all the
termasuk seluruh opsi yang disediakan, available options, the estimated present
nilai kini estimasi seluruh biaya yang value of all costs incurred and also
dikeluarkan dan juga mempertimbangkan considering the future premium receipt.
penerimaan premi di masa depan. Liabilitas Liabilities for future policy benefits represent
manfaat polis masa depan merupakan liabilities of non short-term insurance
liabilitas atas kontrak asuransi bukan contracts.
jangka pendek.
Kenaikan liabilitas manfaat polis masa The increase in liability for future policy
depan diakui sebagai beban pada laba rugi benefits is recognized as expense in the
tahun berjalan sedangkan penurunan profit or loss for the period, while the
liabilitas manfaat polis masa depan diakui decrease in liability for future policy benefits
sebagai pendapatan pada laba rugi tahun is recognized as income in the profit or loss
berjalan. Liabilitas tersebut dihentikan for the year. The liabilities are derecognized
pengakuannya pada saat kontrak berakhir, when the contract has expired, discharged
dikeluarkan atau dibatalkan. or cancelled.
b. Estimasi liabilitas klaim b. Estimated claim liabilities
Estimasi liabilitas klaim merupakan klaim Estimated claim liabilities represents claims
dalam proses penyelesaian yang in the settlement process which are
ditentukan berdasarkan estimasi kerugian determined based on the estimated loss
dari klaim yang masih dalam proses from claims that are still in settlement
penyelesaian pada tanggal laporan posisi process at the consolidated statement of
keuangan konsolidasian, termasuk klaim financial position date, including claims that
yang telah terjadi namun belum dilaporkan have incurred but not reported (“IBNR”).
(Incurred But Not Reported (IBNR)).
Perubahan dalam estimasi liabilitas klaim The changes in estimated claim liabilities
diakui dalam laba rugi tahun berjalan. are recognized in the profit or loss for the
Liabilitas tersebut dihentikan period. The liabilities are derecognized
pengakuannya pada saat kontrak berakhir, when the contract has expired, discharged
dikeluarkan atau dibatalkan. or cancelled.
117
Page 1092
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ad. Liabilitas kontrak asuransi (lanjutan) ad. Insurance contract liabilities (continued)
Sebelum 1 Januari 2025 (lanjutan) Before January 1, 2025 (lanjutan)
c. Premi yang belum merupakan pendapatan c. Unearned premium
Premi yang belum merupakan pendapatan Unearned premium represents part of the
merupakan bagian premi yang telah premiums that were already received but not
dilunasi, namun belum merupakan yet earned, because the insurance coverage
pendapatan karena masa pertanggungan period were not yet due at the end of the
asuransi masih berjalan pada akhir tahun. year. Unearned premium represents
Premi yang belum merupakan pendapatan liabilities of short-term insurance contract.
merupakan liabilitas atas kontrak asuransi
jangka pendek.
Premi yang belum merupakan pendapatan Unearned premium is calculated individually
dihitung secara individual dari tiap from each coverage, where the amount
pertanggungan yang besarnya ditetapkan determined proportionally to the amount of
secara proporsional terhadap jumlah protection provided during the coverage
proteksi yang diberikan selama periode period or risk period, consistent with the
pertanggungan atau periode risiko, recognition of short-term insurance premium
konsisten dengan pengakuan pendapatan income.
premi asuransi jangka pendek.
Kenaikan premi yang belum merupakan The increase in unearned premium is
pendapatan diakui sebagai beban pada recognized as expense in the profit or loss
laba rugi tahun berjalan sedangkan for the year, while the decrease in unearned
penurunan premi yang belum merupakan premium is recognized as income in the
pendapatan diakui sebagai pendapatan profit or loss for the year. The liabilities are
pada laba rugi tahun berjalan. Liabilitas ini derecognized when the contract has expired,
dihentikan pengakuannya pada saat discharged or cancelled.
kontrak berakhir, dilepaskan atau
dibatalkan.
ae. Imbalan kerja ae. Employee benefits
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek seperti upah, iuran Short-term employee benefits such as salaries,
jaminan sosial, cuti jangka pendek, bonus dan social security contributions, short-term leaves,
imbalan non-moneter lainnya diakui selama bonuses, and other non-monetary benefits are
periode jasa diberikan. Imbalan jangka pendek recognized during the period when the services
dihitung sebesar jumlah yang tidak are rendered. Short-term employee benefits are
didiskontokan. calculated using undiscounted amounts.
118
Page 1093
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ae. Imbalan kerja (lanjutan) ae. Employee benefits (continued)
Program pensiun iuran pasti Defined contribution pension plan
Merupakan iuran kepada dana pensiun sebesar Defined contribution pension plan is the
persentase tertentu gaji pekerja yang menjadi contribution to pension fund at a certain
peserta program pensiun iuran pasti BRI. Iuran percentage of salaries of employees who are
dicadangkan dan diakui sebagai biaya ketika participants of BRI’s defined contribution
jasa telah diberikan oleh pekerja-pekerja pension plan. The contribution is accrued and
tersebut dan pembayaran dikurangkan dari recognized as expense when services have
utang iuran. Iuran terutang dihitung berdasarkan been rendered by the qualified employees and
jumlah yang tidak didiskontokan. actual payments are deducted from the
contribution payable. Contribution payable is
measured using undiscounted amounts.
Program imbalan pasti dan imbalan kerja jangka Defined benefit plan and other long-term
panjang lainnya employee benefits
Imbalan pasca kerja dan imbalan kerja jangka The post-employment benefits and other long-
panjang lainnya seperti penghargaan tanda term employee benefits such as gratuity for
jasa, cuti besar, program kesehatan pasca kerja services, grand leaves and BPJS
BPJS dan program manfaat lain manfaat dana post-employment health program are accrued
tambahan dicadangkan dan diakui sebagai and recognized as expense when services have
biaya ketika jasa telah diberikan oleh pekerja been rendered by these employees. The
yang memenuhi syarat. Imbalan kerja benefits are determined based on BRI’s policy
ditentukan berdasarkan peraturan BRI dan and applicable regulations.
peraturan yang berlaku.
Imbalan pasca kerja dan imbalan kerja jangka The post-employment benefits and other long-
panjang lainnya secara aktuaris ditentukan term employee benefits are determined on an
berdasarkan metode Projected Unit Credit. actuarial basis using the Projected Unit Credit
method.
Pengukuran kembali atas liabilitas (aset) Remeasurement of net defined benefit liabilities
imbalan pasti neto, yang diakui sebagai (assets), which is recognized as other
penghasilan komprehensif lain, terdiri atas: comprehensive income, consist of:
(i) Keuntungan dan kerugian aktuarial. (i) Actuarial gains and losses.
(ii) Imbal hasil atas aset program, tidak (ii) Return on defined benefit plan assets,
termasuk jumlah yang dimasukkan dalam excluding amounts that are included in the
bunga neto atas liabilitas (aset). net interest on liabilities (assets).
(iii) Setiap perubahan dampak batas aset, tidak (iii) Any change in the impact of the asset limit,
termasuk jumlah yang dimasukkan dalam excluding amounts that are included in the
bunga neto atas liabilitas (aset). net interest on the liabilities (assets).
119
Page 1094
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ae. Imbalan kerja (lanjutan) ae. Employee benefits (continued)
Program imbalan pasti dan imbalan kerja jangka Defined benefit plan and other long-term
panjang lainnya (lanjutan) employee benefits (continued)
Pengukuran kembali liabilitas (aset) imbalan Remeasurement of net defined benefit liabilities
pasti neto, yang diakui sebagai penghasilan (assets) is recognized as other comprehensive
komprehensif lain yang tidak direklasifikasi ke income which is not reclassified to profit or loss
laba rugi pada periode berikutnya. in the subsequent period.
Untuk imbalan kerja jangka panjang lain atas For other long-term employee benefits, the
biaya jasa kini, biaya bunga neto atas liabilitas current service cost, the net interest expense on
(aset) imbalan pasti neto, dan pengukuran net defined benefit liabilities (assets), and the
kembali liabilitas (aset) imbalan pasti neto remeasurement of net defined benefit liabilities
langsung diakui pada laporan laba rugi dan (assets) are recognized immediately in the
penghasilan komprehensif lain konsolidasian current period consolidated statement of profit or
periode berjalan. loss and other comprehensive income.
Biaya jasa lalu diakui sebagai beban pada Past service costs are recognized as expense at
tanggal yang lebih awal antara ketika the earlier date between the occurrence of the
amandemen atau kurtailmen program terjadi, amendment or curtailment program and when
dan ketika biaya restrukturisasi atau pesangon the restructuring or severance costs are
diakui, sehingga biaya jasa lalu yang belum recognized, therefore, unvested past service
vested tidak lagi dapat ditangguhkan dan diakui cost can no longer be deferred and recognized
selama periode vesting masa depan. over the future vesting period.
af. Opsi saham af. Stock option
Biaya kompensasi saham pada tanggal The stock compensation cost at the issuance
penerbitan dihitung berdasarkan nilai wajar dari date is calculated based on the fair value of the
opsi saham tersebut dan diakui dalam akun stock options and recognized in “Salaries and
“Beban Tenaga Kerja dan Tunjangan” Employee Benefits Expense” based on the cliff-
berdasarkan program hak yang diakui pada vesting scheme using the straight-line method
tahun berjalan (cliff-vesting scheme) dengan over the vesting period. The accumulation of
metode garis lurus selama masa tunggu (vesting stock compensation cost is recognized as “stock
period). Akumulasi dari biaya kompensasi option” in equity. The fair values of the stock
saham diakui sebagai “opsi saham” dalam options are assesed using the Black-Scholes
bagian ekuitas. Nilai wajar dari opsi saham option pricing model. The fair values of the stock
tersebut dinilai dengan menggunakan model options are assesed using the Black-Scholes
penentuan harga opsi Black-Scholes. option pricing model.
ag. Laba per lembar saham ag. Earnings per share
Laba per lembar saham dasar dihitung dengan Basic earnings per share is calculated by
membagi laba periode berjalan yang dividing the income for the period attributable to
diatribusikan kepada Entitas Induk (BRI) dengan the Parent Entity (BRI) with the weighted
jumlah rata-rata tertimbang saham yang average number of issued and fully paid shares
ditempatkan dan disetor penuh pada periode during the related period.
yang bersangkutan.
Laba per lembar saham dilusian dihitung setelah Diluted earnings per share is calculated after
melakukan penyesuaian yang diperlukan making the necessary adjustments to the
terhadap jumlah rata-rata tertimbang saham weighted average number of ordinary shares
biasa yang beredar. outstanding.
120
Page 1095
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ah. Transaksi dan saldo dalam mata uang asing ah. Foreign currency transactions and balances
BRI dan entitas anaknya menyelenggarakan BRI and its subsidiaries maintain their
catatan akuntansi dalam Rupiah. Transaksi accounting records in Indonesian Rupiah.
yang melibatkan mata uang asing dicatat pada Transactions involving foreign currency are
nilai tukar pada saat terjadinya transaksi. Pada recorded at the prevailing exchange rates at the
tanggal-tanggal 31 Desember 2025 dan 2024, time of the transactions. As of December 31,
semua aset dan liabilitas moneter dalam mata 2025 and 2024, all foreign currency
uang asing dijabarkan ke dalam Rupiah dengan denominated monetary assets and liabilities are
menggunakan kurs spot Refinitiv Eikon pada translated into Rupiah using the Refinitiv Eikon
pukul 15.00 WIB (Waktu Indonesia bagian spot rates at 3.00 p.m. WIB (Western Indonesian
Barat). Keuntungan atau kerugian yang timbul Time). The resulting gains or losses are
dibebankan pada laporan laba rugi dan recognized in the consolidated statement of
penghasilan komprehensif lain konsolidasian. profit or loss and other comprehensive income.
Nilai tukar yang digunakan untuk menjabarkan The exchange rates used in the translation of
mata uang asing ke dalam Rupiah adalah foreign currency amounts into Rupiah are as
sebagai berikut (nilai penuh): follows (full amount):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
1 Dolar Amerika Serikat 16.675,00 16.095,00 1 United States Dollar
1 Pound Sterling Inggris 22.439,55 20.218,54 1 Great Britain Pound Sterling
1 Yen Jepang 106,50 103,03 1 Japanese Yen
1 Euro Eropa 19.571,45 16.758,12 1 European Euro
1 Dolar Hong Kong 2.142,30 2.073,11 1 Hong Kong Dollar
1 Riyal Arab Saudi 4.446,50 4.284,00 1 Saudi Arabian Riyal
1 Dolar Singapura 12.965,05 11.844,58 1 Singaporean Dollar
1 Ringgit Malaysia 4.108,16 3.597,86 1 Malaysian Ringgit
1 Dolar Australia 11.152,24 10.013,51 1 Australian Dollar
1 Renminbi 2.385,00 2.204,99 1 Renminbi
1 Baht Thailand 529,20 469,79 1 Thailand Baht
1 Franc Swiss 21.026,42 17.815,04 1 Swiss Franc
1 Dolar Kanada 12.167,54 11.201,59 1 Canadian Dollar
1 Dolar Brunei Darussalam 12.965,05 11.844,57 1 Bruneian Dollar
1 Kroner Denmark 2.620,58 2.247,01 1 Danish Krone
1 Won Korea Selatan 11,56 10,92 1 South Korean Won
1 Dolar Selandia Baru 9.625,65 9.067,93 1 New Zealand Dollar
1 Kina Papua Nugini 3.918,66 3.963,42 1 Papua New Guinean Kina
1 Dirham Uni Emirat Arab 4.540,50 4.382,10 1 United Arab Emirates Dirham
1 Kroner Swedia 1.809,27 1.463,26 1 Swedish Krone
1 Kroner Norwegia 1.657,85 1.419,75 1 Norwegian Krone
1 Rupee India 185,50 187,98 1 Indian Rupee
1 Peso Filipina 283,00 278,32 1 Phillipine Peso
1 Dolar Taiwan Baru 530,99 490,93 1 New Taiwanese Dollar
1 Dong Vietnam 0,63 0,63 1 Vietnamese Dong
121
Page 1096
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ai. Penjabaran laporan keuangan Kantor ai. Translation of the financial statements of
Cabang dan Perwakilan di luar negeri Overseas Branch and Representative Office
BRI memiliki 1 (satu) Entitas Anak di Hong Kong, BRI has 1 (one) Subsidiary in Hong Kong, 5
5 (lima) Kantor Cabang di New York, Cayman (five) Branch Offices in New York, Cayman
Islands, Singapura, Timor-Leste dan Taipei serta Islands, Singapore, Timor-Leste and Taipei and
1 (satu) Kantor Perwakilan di luar negeri yang 1 (one) Representative Office in Hong Kong
berlokasi di Hong Kong yang merupakan entitas which are considered as separate foreign
asing yang terpisah. entities.
Untuk tujuan penggabungan laporan keuangan For consolidated financial statement purposes,
konsolidasian, seluruh akun entitas anak, kantor all accounts of subsidiary, overseas branch and
cabang dan perwakilan di luar negeri dijabarkan representative offices are translated into Rupiah
dalam Rupiah dengan kurs sebagai berikut: with the following exchange rates:
a) Aset dan liabilitas serta komitmen dan a) Assets and liabilities, as well as
kontinjensi menggunakan kurs spot Refinitiv commitments and contingencies - use
Eikon pada pukul 15.00 WIB pada tanggal Refinitiv Eikon spot rates at 3.00 p.m. WIB
laporan posisi keuangan. on the statement of financial position date.
b) Pendapatan, beban, laba dan rugi b) Income, expenses, gains and losses - use
menggunakan kurs tengah rata-rata yang the average middle rate prevailing in the
berlaku pada bulan yang bersangkutan. related month. The year-end balances is the
Saldo akhir periode merupakan sum of the monthly balances of income,
penjumlahan saldo bulanan pendapatan, expenses, gains and losses during the year.
beban, laba dan rugi selama tahun yang
bersangkutan.
c) Modal saham dan tambahan modal disetor c) Equity - capital stock and additional paid-in
menggunakan kurs historis. capital use historical rates.
d) Laporan arus kas menggunakan kurs spot d) Statement of cash flows - use the Refinitiv
Refinitiv Eikon pada pukul 15.00 WIB pada Eikon spot rates at 3.00 p.m. WIB on the
tanggal laporan posisi keuangan, kecuali statement of financial position date, except
pos-pos laba rugi yang menggunakan kurs for the profit and loss accounts which use
tengah rata-rata dan pos-pos ekuitas yang middle rates and equity accounts which use
menggunakan kurs historis. historical rates.
Selisih yang timbul dari proses penjabaran The difference arising from the translation
laporan keuangan tersebut disajikan di process of the financial statements are
kelompok ekuitas sebagai “Selisih kurs karena presented in equity as “Differences arising from
penjabaran laporan keuangan dalam mata uang the translation of foreign currency financial
asing”. statements”.
aj. Instrumen derivatif aj. Derivatives instruments
Instrumen keuangan derivatif dinilai dan diakui di Derivatives financial instruments are assessed
laporan posisi keuangan konsolidasian pada and recognized in the consolidated statement of
nilai wajar. Setiap kontrak derivatif dicatat financial position at fair value. Each derivatives
sebagai aset apabila memiliki nilai wajar positif contract is recorded as asset when the fair value
dan sebagai liabilitas apabila memiliki nilai wajar is positive and as liability when the fair value is
negatif. negative.
Tagihan dan liabilitas derivatif diklasifikasikan Derivatives receivable and payable are
sebagai aset dan liabilitas keuangan yang diukur classified as financial assets and liabilities
pada nilai wajar melalui laba rugi. measured at fair value through profit or loss.
122
Page 1097
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
aj. Instrumen derivatif (lanjutan) aj. Derivatives instruments (continued)
Keuntungan atau kerugian yang terjadi dari Gains or losses resulting from fair value changes
perubahan nilai wajar diakui dalam laporan laba are recognized in the consolidated statement of
rugi dan penghasilan komprehensif lain profit or loss and other comprehensive income.
konsolidasian.
Nilai wajar instrumen derivatif ditentukan diskonto The fair value of derivatives instruments are
arus kas dan model penentu harga atau harga determined based on discounted cash flows
yang diberikan oleh broker (quoted price) atas and pricing models or quoted prices from the
instrumen lainnya yang memiliki karakteristik brokers of other instruments with similar
serupa, yang mengacu pada PSAK No. 113: characteristics, which refers to SFAS No. 113:
”Pengukuran Nilai Wajar” (Catatan 2c). "Fair Value Measurement" (Note 2c).
Derivatif melekat tidak lagi dipisahkan dari Embedded derivatives are no longer separated
kontrak utama non-derivatif yang merupakan from major non-derivative contracts which are
aset keuangan/liabilitas keuangan, BRI dan financial assets/financial liabilities, the Bank and
entitas anak mengklasifikasikan aset/liabilitas its subsidiaries classify financial assets/liabilities
keuangan secara keseluruhan berdasarkan as a whole based on its business model and
model bisnis dan jangka waktu kontraktualnya contractual term as disclosed in Note 2c.
sebagaimana diungkapkan dalam Catatan 2c.
ak. Perpajakan ak. Taxation
Beban pajak tahun berjalan ditetapkan Current tax expense is determined based on the
berdasarkan taksiran penghasilan kena pajak estimated taxable income for the current year.
tahun berjalan. Aset dan liabilitas pajak Deferred tax assets and liabilities are recognized
tangguhan diakui atas perbedaan temporer aset for temporary differences between the
dan liabilitas antara pelaporan komersial dan commercial and the fiscal reporting of assets
pajak pada setiap tanggal pelaporan. and liabilities at each reporting date.
Aset pajak tangguhan diakui untuk seluruh Deferred tax assets are recognized for all
perbedaan temporer yang boleh dikurangkan deductible temporary differences and
dan saldo rugi fiskal yang belum uncompensated tax loss balance to the extent
dikompensasikan, sepanjang perbedaan that it is probable that the temporary differences
temporer dan rugi fiskal yang belum and uncompensated tax loss balance will be
dikompensasikan tersebut dapat dimanfaatkan utilized to deduct the future taxable profit.
untuk mengurangi laba fiskal pada masa yang
akan datang.
Jumlah tercatat aset pajak tangguhan ditelaah The carrying value of deferred tax assets is
pada setiap tanggal posisi keuangan dan nilai reviewed at each financial position date and is
tercatat aset pajak tangguhan tersebut reduced if it is no longer probable that sufficient
diturunkan apabila tidak lagi terdapat taxable profits will be available to compensate
kemungkinan besar bahwa laba fiskal yang part or all of the benefit of the deferred tax
memadai akan tersedia untuk mengompensasi assets.
sebagian atau semua manfaat aset pajak
tangguhan.
123
Page 1098
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ak. Perpajakan (lanjutan) ak. Taxation (continued)
Aset dan kewajiban pajak tangguhan diukur Deferred tax assets and liabilities are measured
berdasarkan tarif pajak yang berlaku pada tahun based on the tax rates that are expected to apply
saat aset direalisasikan atau liabilitas on the year when the asset is realized or the
diselesaikan berdasarkan peraturan perpajakan liability is settled based on the tax regulations
yang berlaku atau yang secara substantif telah that have been enacted or substantively enacted
diberlakukan pada tanggal laporan posisi at the statement of financial position date. The
keuangan. Pengaruh pajak terkait dengan tax effect related to the provisions for and/or
penyisihan untuk dan/atau pembalikan seluruh reversals of all temporary differences during the
perbedaan temporer selama tahun berjalan, year, including the effect of change in tax rates,
termasuk pengaruh perubahan tarif pajak, diakui are recognized as “Deferred Income Tax Benefit
sebagai “Manfaat (Beban) Pajak Penghasilan (Expense)” and included in the net income or
Tangguhan” dan termasuk dalam laba atau rugi loss for the year, except for transactions
neto tahun berjalan, kecuali untuk transaksi- previously charged or credited directly to equity.
transaksi yang sebelumnya telah langsung
dibebankan atau dikreditkan ke ekuitas.
Perubahan terhadap kewajiban perpajakan Amendments to tax obligations are recorded
diakui pada saat penetapan pajak diterima atau when the tax assessment is received or, if the
jika BRI dan entitas anak mengajukan BRI and subsidiaries submitted an appeal, when
keberatan, pada saat keputusan atas keberatan the decision on the appeal is determined.
telah ditetapkan.
Untuk setiap entitas yang dikonsolidasi, For each of the consolidated entity, the tax
pengaruh pajak atas perbedaan temporer dan effects on temporary differences and
akumulasi rugi pajak, yang masing-masing accumulated tax loss, which can be either asset
dapat berupa aset atau liabilitas, disajikan dalam or liability, are presented in the net amounts for
jumlah neto untuk masing-masing entitas each of the entity.
tersebut.
Aset dan liabilitas atas pajak tangguhan dan Assets and liabilities on deferred tax and current
pajak kini dapat saling hapus apabila terdapat tax can be offset if there is a legal enforceable
hak yang berkekuatan hukum untuk melakukan right to offset.
saling hapus.
al. Informasi segmen al. Segment information
Segmen adalah bagian yang dapat dibedakan Segment is a distinguishable component of the
dari BRI dan entitas anak yang terlibat baik BRI and subsidiaries that engaged either in
dalam menyediakan produk tertentu (segmen providing certain products (operational
operasi), maupun dalam menyediakan produk segment), or in providing products within
dalam lingkungan ekonomi tertentu (segmen a particular economic environment
geografis), yang memiliki risiko dan imbalan (geographical segment), which is subject to
yang berbeda dengan segmen lainnya. risks and rewards that are different from those
of other segments.
Pendapatan, beban, hasil, aset dan liabilitas The segment income, expenses, results,
segmen mencakup item-item yang dapat assets and liabilities include items directly
diatribusikan langsung kepada suatu segmen attributable to a segment as well as those that
serta hal-hal yang dapat dialokasikan dengan can be allocated on an appropriate basis to that
dasar yang sesuai kepada segmen tersebut. segment. The segment items are determined
Item-item segmen ditentukan sebelum saldo dan before intercompany balances and
transaksi antar kelompok usaha, dieliminasi transactions are eliminated as part of
sebagai bagian dari proses konsolidasi. consolidation process.
124
Page 1099
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
al. Informasi segmen (lanjutan) al. Segment information (continued)
BRI dan entitas anak menyajikan segmen usaha BRI and subsidiaries present operational
berdasarkan laporan internal konsolidasian yang segments based on the internal consolidated
disajikan kepada pengambil keputusan report that is presented to the Board of
operasional yaitu Direksi. Directors as the operational decision maker.
BRI telah mengidentifikasi dan mengungkapkan BRI has identified and disclosed financial
informasi keuangan berdasarkan kegiatan bisnis information based on main business
utama (segmen operasi) yang terbagi atas (operational segments) classified into micro,
kelompok mikro, ritel, korporasi, lainnya dan retail, corporate and others as well as
entitas anak, serta berdasarkan segmen subsidiaries, and based on geographical
geografis. segments.
Segmen geografis meliputi penyediaan barang The geographical segment includes provision
maupun jasa di dalam lingkungan ekonomi of products or services within a particular
tertentu yang memiliki risiko serta tingkat economic environment with different risks and
pengembalian yang berbeda dengan segmen returns compared to other operating segments
operasi lainnya yang berada dalam lingkungan in other economic environments. BRI’s
ekonomi lain. Segmen geografis BRI adalah geographical segments are Indonesia, United
berdasarkan wilayah Indonesia, Amerika States of America, Hong Kong, Singapore,
Serikat, Hong Kong, Singapura, Timor-Leste dan Timor-Leste, and Taiwan.
Taiwan.
am. Pendapatan dan beban penjualan emas am. Gold Sales revenue and expenses
Pendapatan dari penjualan emas diakui pada Revenue from the sale of gold is recognized
saat kewajiban pelaksanaan dipenuhi entitas when the performance obligation is satisfied by
anak pada waktu tertentu, yaitu pada saat the subsidiary at the point in time when the
pengendalian atas barang telah berpindah control of goods has been transferred to the
kepada pelanggan. Pendapatan bisnis emas customer. Revenue on gold business is also
juga diakui ketika suatu produk telah diserahkan recognized when the product delivered to
kepada pelanggan atau memenuhi skema customers or has met the criteria of “bill and
“penjualan ketika pengiriman ditunda”. hold” scheme. The revenue recognition adopted
Pengakuan pendapatan tersebut menerapkan SFAS No. 115, “Revenue from Contract with
PSAK No. 115, “Pendapatan dari Kontrak Customer”. Revenue is shown net of value
dengan Pelanggan”. Pendapatan disajikan neto added tax, returns, rebates and discounts.
setelah dikurangi pajak pertambahan nilai, retur, Expenses are recognized as incurred.
potongan harga dan diskon. Beban diakui pada
saat terjadinya.
an. Saham treasuri an. Treasury stock
Instrumen ekuitas BRI yang diperoleh kembali Reacquired BRI equity instruments (treasury
(saham treasuri) diakui pada harga perolehan stocks) are recognized at reacquisition price and
kembali dan dikurangi dari ekuitas. Tidak ada deducted from equity. No gain or loss is
laba atau rugi yang diakui pada laba rugi atas recognized in profit or loss on the acquisition,
perolehan, penjualan kembali, penerbitan atau resale, issuance or cancellation of BRI equity
pembatalan dari instrumen ekuitas BRI. Selisih instruments. The difference between the
antara jumlah tercatat dan penerimaan, bila carrying amount and receipts, if reissued, is
diterbitkan kembali, diakui sebagai bagian dari recognized as part of additional paid-in capital in
tambahan modal disetor pada ekuitas. equity.
125
Page 1100
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ao. Kegiatan usaha bullion ao. Bullion business activities
Pinjaman modal kerja emas adalah pinjaman Gold working capital loan represents gold loans
dalam bentuk emas yang diberikan kepada provided to customer, sourced from gold
nasabah, yang bersumber dari deposito emas. deposits. Upon transfer of ownership to the
Setelah kepemilikan dialihkan kepada borrower, the subsidiary no longer retains the
peminjam, Entitas Anak tidak lagi memiliki hak right to use the gold. Accordingly, the gold
untuk menggunakan emas tersebut. Oleh working capital loan balance is recognized as
karena itu, pinjaman modal kerja emas diakui other assets and measured at fair value,
sebagai aset lain-lain dan diukur pada nilai determined using the spot market price of gold
wajar, yang ditentukan dengan menggunakan multiplied by the quantity of gold lent.
harga pasar spot emas dikalikan dengan Settlement occurs when the borrower returns
kuantitas emas yang dipinjamkan. an equivalent quantity of gold in accordance
Penyelesaian terjadi ketika nasabah with the loan agreement.
mengembalikan jumlah emas yang setara
sesuai dengan perjanjian pinjaman.
Aset deposito emas merupakan simpanan Gold deposit assets represent gold deposits in
emas dimana saldo emas dapat dimanfaatkan which the gold balance can be utilized by the
oleh entitas anak untuk disalurkan ke produk subsidiary for disbursement to gold financing
pembiayaan emas dan/atau perdagangan and/or gold trading products within a specified
emas dalam periode tertentu, sesuai dengan period, in accordance with the terms and
syarat dan ketentuan perjanjian deposito awal, conditions of the initial deposit agreement,
di mana penarikan hanya dapat dilakukan where withdrawal can only be made under
berdasarkan syarat yang disepakati. Entitas certain agreed terms. The subsidiary performs
anak melakukan perhitungan nilai wajar untuk fair value measurement for gold assets
aset atas emas yang diterima dari nasabah. received from customers. The valuation
Selisih valuasi harga emas atas pengukuran difference on gold prices arising from
kembali aset deposito emas diakui dalam laba remeasurement of assets is recognized in profit
rugi. or loss.
Utang deposito emas adalah liabilitas yang Gold deposit payables is a liability of the
dimiliki oleh entitas anak kepada nasabah atas subsidiary to customers for gold that has been
emas yang dititipkan atau didepositokan, di entrusted or deposited, whereby the subsidiary
mana entitas anak berkewajiban untuk is obliged to return the gold in the same quantity
mengembalikan emas dalam jumlah dan kadar and purity to the customers upon maturity. The
yang sama kepada nasabah pada saat jatuh subsidiary performs fair value measurement for
tempo. Entitas anak melakukan perhitungan liabilities arising from the obligation to return
nilai wajar untuk liabilitas yang timbul dari gold received from customers. The valuation
kewajiban untuk mengembalikan emas yang difference on gold prices arising from
diterima dari nasabah. Selisih valuasi harga remeasurement of liabilities is recognized in
emas atas pengukuran kembali liabilitas diakui profit or loss.
dalam laba rugi.
Pendapatan dari penjualan emas yang berasal Revenue from gold sold derived from the bullion
dari bisnis bullion diakui secara neto business is recognized net after deducting the
dikurangkan dengan harga pokok penjualan cost of gold sold.
emas.
126
Page 1101
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ao. Kegiatan usaha bullion (lanjutan) ao. Bullion business activities (conitinued)
Uang muka pembelian emas bullion trading Advance for gold bullion trading purchase
adalah pembayaran yang dilakukan oleh entitas represents payments made by the subsidiary
anak sebelum memperoleh barang atau jasa, prior to the receipt of goods or services, in
sehubungan dengan pelaksanaan perjanjian accordance with the agreed gold purchase
pembelian emas yang telah disepakati, dimana contracts, under which the subsidiary is entitled
entitas anak memiliki hak untuk menerima to receive the gold in accordance with the
emas sesuai dengan ketentuan kontrak yang contractual terms.
berlaku.
ap. Penggunaan pertimbangan, estimasi dan ap. Use of significant accounting judgments,
asumsi akuntansi yang signifikan estimates and assumptions
Penyusunan laporan keuangan konsolidasian The preparation of the consolidated financial
BRI dan entitas anak mengharuskan statement for BRI and subsidiaries requires
manajemen untuk membuat pertimbangan, management to make judgments, estimates
estimasi dan asumsi yang mempengaruhi and assumptions that affect the reported
jumlah yang dilaporkan dari pendapatan, beban, amounts of income, expenses, assets and
aset dan liabilitas, dan pengungkapan atas liabilities, and the disclosure of contingent
liabilitas kontinjensi pada akhir periode liabilities, at the end of the reporting period.
pelaporan. Ketidakpastian mengenai asumsi Uncertainty about these assumptions and
dan estimasi tersebut dapat mengakibatkan estimates could result in material adjustments
penyesuaian material terhadap nilai tercatat aset to the carrying amounts of the assets and
dan liabilitas dalam periode pelaporan liabilities in the subsequent reporting periods.
berikutnya.
Pertimbangan Judgements
Pertimbangan berikut ini dibuat oleh manajemen The following judgments are made by
dalam rangka penerapan kebijakan akuntansi management in applying BRI and subsidiaries’
BRI dan entitas anak yang memiliki pengaruh accounting policies that have the most
paling signifikan atas jumlah yang diakui dalam significant effects on the amounts recognized in
laporan keuangan konsolidasian BRI dan entitas the consolidated financial statement for BRI
anak sebagai berikut: and subsidiaries, as follows:
Nilai wajar atas instrumen keuangan Fair value of financial instruments
Semua aset dan liabilitas dimana nilai wajar All assets and liabilities in which fair value is
diukur atau diungkapkan dalam laporan measured or disclosed in the consolidated
keuangan konsolidasian dapat dikategorikan financial statement are classified within fair
pada level hierarki nilai wajar, berdasarkan value hierarchy, based on the lowest level of
tingkatan input terendah yang signifikan atas input that is significant to the overall fair value
pengukuran nilai wajar secara keseluruhan: measurement:
Level 1 : Harga kuotasian (tanpa Level 1 : Quoted prices (unadjusted) in
penyesuaian) di pasar aktif untuk active markets for identical
aset atau liabilitas yang identik assets or liabilities accessible at
yang dapat diakses pada tanggal the measurement date.
pengukuran.
Level 2 : Input selain harga kuotasian Level 2 : Inputs other than quoted prices
yang termasuk dalam level 1 included in level 1 for the assets
yang dapat diobservasi untuk and liabilities, which is directly or
aset dan liabilitas, baik secara indirectly observable.
langsung atau tidak langsung.
Level 3 : Input yang tidak dapat Level 3 : Unobservable inputs for the
diobservasi untuk aset dan assets and liabilities
liabilitas.
127
Page 1102
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ap. Penggunaan pertimbangan, estimasi dan ap. Use of significant accounting judgments,
asumsi akuntansi yang signifikan (lanjutan) estimates and assumptions (continued)
Pertimbangan (lanjutan) Judgements (continued)
Kontinjensi Contingencies
Manajemen BRI dan entitas anak sedang terlibat The management of BRI and subsidiaries are
dalam proses hukum. Perkiraan biaya currently involved in legal proceedings. The
kemungkinan bagi penyelesaian klaim telah estimates of the probable cost for the settlement
dikembangkan melalui konsultasi dengan of claims have been developed through
bantuan konsultan hukum BRI dan entitas anak consultation with the aid of the legal consultant
didasarkan pada analisis hasil yang potensial. of BRI and subsidiaries and are based on the
Manajemen BRI dan entitas anak tidak analysis of potential results. BRI and
berkeyakinan bahwa hasil dari hal ini akan subsidiaries’ management does not believe that
mempengaruhi hasil usaha. Besar the outcome of this matter will affect the results
kemungkinan, bagaimanapun, bahwa hasil of operations. It is probable, however, that
operasi di masa depan dapat secara material future results of operations could be materially
terpengaruh oleh perubahan dalam estimasi affected by changes in the estimates or
atau efektivitas dari strategi yang terkait dengan effectiveness of the strategies related to these
hal tersebut. proceedings.
Estimasi dan Asumsi Estimates and Assumptions
Asumsi utama masa depan dan sumber utama The key assumptions concerning the future and
estimasi ketidakpastian lain pada tanggal other key sources for estimates uncertainty at
pelaporan yang memiliki risiko untuk dapat the reporting date that have a risk of causing
menyebabkan penyesuaian yang material a material adjustment to the carrying amounts of
terhadap nilai tercatat aset dan liabilitas untuk assets and liabilities for the subsequent year are
tahun berikutnya seperti yang diungkapkan di disclosed below. BRI and subsidiaries based its
bawah ini. BRI dan entitas anak mendasarkan assumptions and estimates used on the
asumsi dan estimasi yang digunakan pada parameters available when the consolidated
parameter yang tersedia pada saat laporan financial statement were prepared.
keuangan konsolidasian disusun.
Asumsi dan situasi mengenai perkembangan Assumptions and circumstances regarding future
masa depan dapat berubah akibat perubahan developments may change due to market
pasar atau situasi yang timbul di luar kendali BRI changes or circumstances arising beyond the
dan entitas anak. Perubahan tersebut control of BRI and subsidiaries. These changes
dicerminkan dalam asumsi yang digunakan are reflected in the assumptions used when they
pada saat terjadinya. occur.
Cadangan kerugian penurunan nilai dari kredit Allowance for impairment losses on loans, sharia
yang diberikan, pinjaman syariah serta piutang loans and finance lease receivables
sewa pembiayaan
Manajemen BRI dan entitas anak menelaah The management of BRI and subsidiaries review
portofolio kredit yang diberikan, pinjaman its loans, sharia loans and finance lease
syariah serta piutang sewa pembiayaan setiap receivables portfolio to assess impairment on an
tahun, untuk menilai penurunan nilai dengan annual basis by updating the allowance for
memperbarui cadangan kerugian penurunan impairment losses formed during the required
nilai yang dibentuk selama periode yang period based on the continuing analysis and
diperlukan berdasarkan analisis berkelanjutan monitoring of individual accounts by the loan
dan pemantauan terhadap rekening individual officers.
oleh petugas terkait.
128
Page 1103
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ap. Penggunaan pertimbangan, estimasi dan ap. Use of significant accounting judgments,
asumsi akuntansi yang signifikan (lanjutan) estimates and assumptions (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
Dalam menentukan apakah penurunan nilai In determining whether impairment loss should
harus dibentuk dalam laporan laba rugi dan be formed in the consolidated statement of profit
penghasilan komprehensif lain konsolidasian, or loss and other comprehensive income, BRI
BRI dan entitas anak membuat penilaian, and subsidiaries assess for any observable data
apakah terdapat data yang dapat diobservasi indicating the existence of measurable decrease
yang menunjukkan bahwa terdapat penurunan in the estimated future cash flows from loan
yang dapat diukur dalam laporan perkiraan arus portfolio before the decrease could be
kas masa depan dari portofolio pinjaman individually identified in the portfolio.
sebelum penurunan tersebut dapat diidentifikasi
secara individual dalam portofolio tersebut.
Bukti seperti ini termasuk data yang dapat This evidence may include observable data
diobservasi yang menunjukkan bahwa terjadi indicating that there has been adverse change in
perubahan yang merugikan pada status the payment status of the borrower group, or
pembayaran kelompok peminjam, atau kondisi national or local economic conditions that
ekonomi nasional atau lokal yang berkorelasi correlate with the default on assets in the group.
dengan wanprestasi atas aset dalam kelompok. BRI and subsidiaries use estimates in
BRI dan entitas anak menggunakan perkiraan determining the amount and timing of future cash
dalam menentukan jumlah dan waktu dari arus flows when determining the level of allowance for
kas masa depan ketika menentukan tingkat impairment losses required. These estimations
cadangan kerugian yang diperlukan. Estimasi are based on assumptions of several factors and
tersebut didasarkan pada asumsi mengenai actual results may differ resulting in changes in
sejumlah faktor dan hasil aktual yang dapat the amount of allowance for impairment losses in
berbeda, yang mengakibatkan perubahan the future.
terhadap jumlah cadangan kerugian di masa
yang akan datang.
Penurunan nilai untuk efek-efek Impairment of securities
Manajemen BRI menentukan bahwa efek-efek The management of BRI determines that
memiliki kriteria penurunan nilai yang sama securities are impaired based on the same
dengan aset keuangan yang dicatat pada biaya criteria as for financial assets recorded at
perolehan diamortisasi. amortized cost.
Penurunan nilai aset non-keuangan Impairment of non-financial assets
BRI dan entitas anak mengevaluasi penurunan BRI and subsidiaries assess impairment of non-
nilai aset non-keuangan apabila terdapat financial assets whenever events or changes in
kejadian atau perubahan keadaan yang circumstances indicate that the carrying amount
mengindikasikan bahwa nilai tercatat aset non- of non-financial asset may not be recoverable.
keuangan tidak dapat dipulihkan kembali. The factors that are considered important which
Faktor-faktor penting yang dapat menyebabkan may lead to impairment assessment are as
penelaahan penurunan nilai adalah sebagai follow:
berikut:
a) Performa yang tidak tercapai secara a) Significant underperformance against
signifikan terhadap ekspektasi historis atau historical expectation or projection of
proyeksi hasil operasi di masa yang akan operating results in the future;
datang;
b) Perubahan yang signifikan dalam cara b) Significant changes in the manner of use of
penggunaan aset atau strategi bisnis the assets or the overall business strategy;
secara keseluruhan; dan and
c) Industri atau tren ekonomi yang secara c) Significant negative industry or economic
signifikan bernilai negatif. trends.
129
Page 1104
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ap. Penggunaan pertimbangan, estimasi dan ap. Use of significant accounting judgments,
asumsi akuntansi yang signifikan estimates and assumptions
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
Manajemen BRI dan entitas anak mengakui The management of BRI and subsidiaries
kerugian penurunan nilai apabila nilai tercatat recognizes an impairment loss if the carrying
aset melebihi nilai yang dapat dipulihkan. amount of an asset exceeds its recoverable
Jumlah terpulihkan adalah nilai yang lebih tinggi amount. The recoverable amount is the higher
antara nilai wajar dikurang biaya pelepasan amount between the fair value less the costs of
dengan nilai pakai aset (atau unit penghasil kas). disposal and the use of asset value (or cash-
Jumlah terpulihkan diestimasi untuk aset generating unit). The recoverable amounts are
individual atau, jika tidak memungkinkan, untuk estimated for individual assets or, if not possible,
unit penghasil kas yang mana aset tersebut for the cash-generating unit to which the asset
merupakan bagian daripada unit tersebut. belongs to the unit.
Pengakuan aset pajak tangguhan Recognition of deferred tax assets
Aset pajak tangguhan diakui untuk seluruh saldo Deferred tax assets are recognized for all
rugi fiskal yang belum digunakan dalam hal unused tax losses to the extent that it is probable
terdapat kemungkinan bahwa penghasilan kena that the taxable income will be available to be
pajak akan tersedia untuk dikompensasi compensated against the losses that can be
terhadap kerugian yang dapat digunakan. used. Significant management judgment is
Pertimbangan manajemen yang signifikan required to determine the amount of deferred tax
diperlukan untuk menentukan jumlah aset pajak assets that can be recognized, in accordance
tangguhan yang dapat diakui, sesuai dengan with the timing and amount of future taxable
saat dan jumlah penghasilan kena pajak di masa income in line with tax planning strategies.
mendatang seiring dengan strategi perencanaan
pajak.
BRI dan entitas anak menelaah aset pajak BRI reviews its deferred tax assets at each
tangguhan pada setiap tanggal laporan posisi statement of financial position date and reduces
keuangan dan mengurangi jumlah tercatat the carrying amount to the extent that it is no
dalam hal tidak adanya lagi kemungkinan bahwa longer probable that sufficient taxable income
penghasilan kena pajak yang cukup akan will be available to compensate part or all of the
tersedia untuk mengompensasi sebagian atau deferred tax assets.
seluruh aset pajak tangguhan.
Nilai kini atas imbalan kerja Present value of employee benefits
Biaya atas program pensiun dan imbalan pasca The cost of defined pension plan and other post
kerja lainnya ditentukan dengan perhitungan employment benefits is determined using
aktuaris. Perhitungan aktuaris melibatkan actuarial valuations. The actuarial valuation
penggunaan asumsi mengenai tingkat diskonto, involves the use of assumptions regarding
tingkat pengembalian yang diharapkan dari discount rates, expected rates of return on
aset, kenaikan gaji di masa depan, tingkat assets, future salary increases, mortality rates
kematian dan tingkat kecacatan. Dikarenakan and disability rates. Due to the long-term nature
program tersebut memiliki sifat jangka panjang, of these plans, then the estimates are subject to
maka perkiraan tersebut memiliki ketidakpastian significant uncertainty.
yang signifikan.
130
Page 1105
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ap. Penggunaan pertimbangan, estimasi dan ap. Use of significant accounting judgments,
asumsi akuntansi yang signifikan (lanjutan) estimates and assumptions (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
Kontrak asuransi Insurance contract
BRI Life dan BRI Insurance mendasarkan BRI Life and BRI Insurance based its
asumsi dan estimasinya pada parameter yang assumptions and estimates on parameters
tersedia saat laporan keuangan disusun. available when the financial statements were
Namun, keadaan yang ada dan asumsi tentang prepared. Existing circumstances and
perkembangan di masa depan dapat berubah assumptions about future developments,
akibat perubahan pasar atau keadaan yang however, may change due to market changes
muncul di luar kendali BRI Life dan BRI or circumstances arising that are beyond the
Insurance. Perubahan semacam itu akan control of BRI Life and BRI Insurance. Such
tercermin dalam asumsi saat perubahan changes are reflected in the assumptions when
tersebut terjadi. they occur.
Sejak 1 Januari 2025 Since January 1, 2025
PSAK No. 117 berlaku untuk kontrak asuransi SFAS No. 117 applies to insurance contracts
yang diterbitkan, kontrak reasuransi yang issued, reinsurance contracts issued (inward
diterbitkan (bisnis masuk), kontrak reasuransi business), reinsurance contracts held (outward
yang dimiliki (bisnis keluar), dan kontrak business) and investment contracts with
investasi dengan fitur partisipasi diskresioner, discretionary participation features provided the
asalkan BRI Life dan BRI Insurance juga BRI Life and BRI Insurance also issues
menerbitkan kontrak asuransi. insurance contracts.
Contractual Service Margin (“CSM”) Contractual Service Margin (“CSM”)
BRI Life dan BRI Insurance melakukan estimasi BRI Life and BRI Insurance make significant
signifikan dalam pengukuran Contractual estimates in measuring the Contractual Service
Service Margin (CSM) dalam penilaian liabilitas Margin (CSM). The CSM represents the
asuransi. CSM mewakili laba yang belum unearned profit for insurance contracts and is
direalisasi atas kontrak asuransi dan systematically amortized over the coverage
diamortisasi secara sistematis selama periode period.
pertanggungan.
Estimasi yang digunakan dalam penentuan The estimates used in determining the CSM
CSM mencakup proyeksi arus kas masa depan, include Projections of future cash flows,
asumsi tingkat diskonto, estimasi penyesuaian discount rate assumptions, risk adjustment
risiko dan asumsi lainnya seperti mortalitas, estimates and other assumptions such as
morbiditas, dan persistensi. Perubahan asumsi mortality, morbidity, and persistency. Changes
atau estimasi ini dapat berdampak signifikan in these assumptions or estimates may have a
terhadap jumlah CSM yang diakui. BRI Life dan significant impact on the amount of CSM
BRI Insurance melakukan tinjauan dan recognized. BRI Life and BRI Insurance review
pembaruan estimasi secara berkala, setidaknya and update their estimates periodically, at least
setiap akhir periode pelaporan, sesuai dengan at each reporting date, in line with emerging
perkembangan informasi dan pengalaman experience and updated information.
aktual.
131
Page 1106
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ap. Penggunaan pertimbangan, estimasi dan ap. Use of significant accounting judgments,
asumsi akuntansi yang signifikan (lanjutan) estimates and assumptions (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
Kontrak asuransi (lanjutan) Insurance contract (continued)
Sejak 1 Januari 2025 (lanjutan) Since January 1, 2025 (continued)
Probability-weighted atas proyeksi arus kas Probability-weighted estimates of future cash
masa depan flows
Perkiraan arus kas masa depan mencerminkan The estimates of future cash flows reflect BRI
pandangan BRI Life dan BRI Insurance terhadap Life and BRI Insurance view of current
kondisi saat ini pada tanggal pelaporan, dan conditions at the reporting date and estimates
perkiraan terhadap variabel pasar yang relevan of any relevant market variables are consistent
konsisten dengan harga pasar yang dapat with observable market prices. When
diamati. Dalam memperkirakan arus kas masa estimating future cash flows, the subsidiaries
depan, BRI Life dan BRI Insurance takes into account current expectations of
mempertimbangkan ekspektasi saat ini terhadap future events that might affect those cash flows.
peristiwa masa depan yang mungkin There is a wide range of economic and non-
mempengaruhi arus kas tersebut. Ada berbagai economic assumptions that are used as inputs
asumsi ekonomi dan non-ekonomi yang in the future cash flows estimation process
digunakan sebagai masukan dalam proses including, but not limited to, operating
perkiraan arus kas masa depan, termasuk, assumptions such as morbidity, mortality,
namun tidak terbatas pada, asumsi operasional persistency and expenses, and economic
seperti morbiditas, mortalitas, persisten, dan assumptions.
biaya, serta asumsi ekonomi.
Penyesuaian risiko untuk risiko non-keuangan Risk adjustment for non-financial risk
Pengukuran penyesuaian risiko harus The measurement of risk adjustment should
mencerminkan kompensasi yang diperlukan reflect the compensation required by BRI Life
oleh BRI Life dan BRI Insurance untuk and BRI Insurance for bearing the uncertainty
menanggung ketidakpastian terkait jumlah dan around the amount and timing of the future cash
waktu arus kas masa depan yang timbul dari flows that arises from non-financial risk as the
risiko non-keuangan saat BRI Life dan BRI subsidiaries fulfil insurance contracts.
Insurance memenuhi kontrak asuransi.
Asumsi biaya yang digunakan dalam perkiraan Expense assumption used in future cash flow
arus kas masa depan estimation
BRI Life dan BRI Insurance memperkirakan BRI Life and BRI Insurance estimate future cost
perkiraan biaya masa depan yang berkaitan projections related to contract execution using
dengan pelaksanaan kontrak menggunakan the current cost rate adjusted for inflation. Most
tingkat biaya saat ini yang disesuaikan dengan costs are recognized as attributable costs
inflasi. Sebagian besar biaya diakui sebagai (direct costs) consisting of acquisition and
biaya yang dapat diatribusikan (biaya langsung) maintenance costs.
yang terdiri dari biaya akuisisi dan pemeliharaan.
132
Page 1107
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
ap. Penggunaan pertimbangan, estimasi dan ap. Use of significant accounting judgments,
asumsi akuntansi yang signifikan (lanjutan) estimates and assumptions (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
Kontrak asuransi (lanjutan) Insurance contract (continued)
Sebelum 1 januari 2025 Before January 1, 2025
Estimasi liabilitas klaim Estimated claim liability
Estimasi liabilitas klaim merupakan liabilitas Estimated claim liabilities represent claims
klaim dalam proses penyelesaian dan liabilitas liabilities in the settlement process and claims
klaim yang sudah terjadi namun belum liabilities that have occurred but not yet reported
dilaporkan (Incurred But Not Reported). Metode (Incurred But Not Reported). The best
estimasi terbaik atas liabilitas klaim yaitu metode estimation methods for claim liabilities, namely
chain-ladder atau bornheutter ferguson atau the chain-ladder method, Bornheutter Ferguson
expected loss ratio diterapkan atas method, or the expected loss ratio, are applied
perkembangan klaim untuk menentukan to claim development to determine the best
estimasi terbaik atas liabilitas klaim. Dalam estimate of claim liabilities. In these methods,
metode-metode ini rasio perkembangan klaim the claim development ratio is calculated based
dihitung berdasarkan data historis dan on historical data and used to project future
digunakan untuk memproyeksikan claim development. These methods are
perkembangan klaim masa datang. Metode- commonly used in the actuarial field and are
metode ini adalah metode yang umum applied based on the actuary's judgment.
digunakan dalam bidang aktuaria, dan
diterapkan berdasarkan penilaian atau
pertimbangan aktuaris (actuary’s judgement).
Liabilitas manfaat polis masa depan Liabilities for future policy benefits
Entitas anak mencatat liabilitas kontrak asuransi The subsidiaries record liabilities for short-term
jangka pendek dan kontrak jangka panjang. and long-term insurance contracts. Under the
Dalam metode liabilitas manfaat polis masa future policy benefit liability method for short-
depan atas kontrak jangka pendek, premi yang term contracts, unearned premiums for short-
belum merupakan pendapatan atas kontrak term contracts are determined individually for
jangka pendek ditentukan secara individual dari each policy using the daily method based on
tiap pertanggungan dengan menggunakan the portion of the remaining days of the
metode harian (daily method) berdasarkan porsi insurance contract to the total insurance
sisa hari kontrak asuransi terhadap total periode contract period. Under the future policy benefit
kontrak asuransi. Dalam metode liabilitas liability method for long-term contracts, the
manfaat polis masa depan atas kontrak jangka liability is calculated by calculating the present
panjang, liabilitas dihitung dengan value of the estimated payments of all
memperhitungkan nilai kini estimasi promised benefits, including all available
pembayaran seluruh manfaat yang diperjanjikan options, plus the present value of the estimated
termasuk seluruh opsi yang disediakan costs to be incurred, and also considering
ditambah dengan nilai kini estimasi seluruh future premium receipts. The main
biaya yang akan dikeluarkan dan juga assumptions underlying this method are past
mempertimbangkan penerimaan premi di masa claims experience and the discount rate.
depan. Asumsi utama yang mendasari metode
tersebut adalah pengalaman klaim masa lalu
dan tingkat diskonto.
133
Page 1108
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
aq. Perubahan kebijakan akuntansi dan aq. Changes in accounting policies and
pengungkapan disclosures
BRI dan entitas anaknya telah menerapkan BRI and its subsidiaries have implemented
standar akuntansi yang berlaku efektif sejak accounting standards that have been effective
tanggal 1 Januari 2025, yang dianggap since January 1, 2025, which are considered
relevan dengan laporan keuangan relevant to the consolidated financial
konsolidasian, yaitu: statements, namely:
a. PSAK No. 117: Kontrak Asuransi a. SFAS No. 117: Insurance Contract
PSAK No. 117 merupakan standar SFAS No. 117 is a new comprehensive
akuntansi keuangan baru yang financial accounting standard for insurance
komprehensif untuk kontrak asuransi contracts that covers recognition and
yang mencakup pengakuan dan measurement, presentation and
pengukuran, penyajian dan disclosure. SFAS No. 117 applies to all
pengungkapan. PSAK No. 117 berlaku types of insurance contracts, life, non-life,
untuk semua jenis kontrak asuransi, jiwa, direct insurance and reinsurance,
non-jiwa, asuransi langsung dan regardless of the issuing entity, as well as
reasuransi, terlepas dari entitas yang to certain guarantees and financial
menerbitkannya, serta untuk jaminan instruments with discretionary participation
dan instrumen keuangan tertentu features, as well as several applicable
dengan fitur partisipasi tidak mengikat, scope exceptions. The overall objective of
serta beberapa pengecualian ruang SFAS No. 117 is to provide a more useful
lingkup yang berlaku. Tujuan and consistent accounting model for
keseluruhan dari PSAK No. 117 adalah insurance contracts for insurers. SFAS No.
untuk menyediakan model akuntansi 117 is adopted from International Financial
untuk kontrak asuransi yang lebih Reporting Standards (IFRS) No. 17 and
bermanfaat dan konsisten untuk replaces SFAS No. 104.
asuradur. PSAK No. 117 ini diadopsi dari
International Financial Reporting
Standards (IFRS) No. 17 dan
menggantikan PSAK No. 104.
Terdapat beberapa perbedaan There are several fundamental
mendasar dengan PSAK No. 104, differences with SFAS No. 104, including
diantaranya terkait dengan pengukuran, those related to the measurement, profit
pengakuan laba dan penyajian kontrak recognition, and presentation of insurance
asuransi. Dalam hal pengukuran kontrak contracts. In terms of insurance contract
asuransi, ada 3 (tiga) model pengukuran measurement, SFAS No. 117 introduces
baru yang diperkenalkan oleh PSAK No. 3 (three) new measurement models: the
117, yaitu Model Pengukuran Umum General Measurement Model (GMM), the
(GMM), Variable Fee Approach (VFA), Variable Fee Approach (VFA), and the
dan Pendekatan Alokasi Premi (PAA). Premium Allocation Approach (PAA).
134
Page 1109
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
aq. Perubahan kebijakan akuntansi dan aq. Changes in accounting policies and
pengungkapan (lanjutan) disclosures (continued)
BRI dan entitas anaknya telah menerapkan BRI and its subsidiaries have implemented
standar akuntansi yang berlaku efektif sejak accounting standards that have been effective
tanggal 1 Januari 2025, yang dianggap since January 1, 2025, which are considered
relevan dengan laporan keuangan relevant to the consolidated financial
konsolidasian, yaitu: (lanjutan) statements, namely: (continued)
a. PSAK No. 117: Kontrak Asuransi a. SFAS No. 117: Insurance Contract
(lanjutan) (continued)
Berdasarkan PSAK No. 117, entitas anak Based on SFAS No. 117, a subsidiary
mengakui kelompok kontrak asuransi recognizes a group of insurance contracts
pada saat mana yang lebih awal antara at the earlier of the commencement date
tanggal awal periode pertanggungan, of the coverage period, the due date of the
tanggal jatuh tempo pembayaran pertama first payment from the policyholders in the
dari pemegang polis dalam kelompok group, or when the group becomes loss-
tersebut, atau pada saat kelompok making for loss-making contract groups.
tersebut menjadi merugi untuk kelompok
kontrak yang merugi.
Perubahan juga terdapat dalam penyajian Changes also apply to the presentation of
kontrak asuransi. Pada laporan posisi insurance contracts. The statement of
keuangan sesuai PSAK No. 117 disajikan financial position, in accordance with
secara terpisah jumlah tercatat portofolio SFAS No. 117, presents the following
berikut: portfolio carrying amounts separately:
1. kontrak asuransi terbitan yang 1. insurance contracts issued, which are
merupakan aset; assets;
2. kontrak asuransi terbitan yang 2. insurance contracts issued, which are
merupakan liabilitas; liabilities;
3. kontrak reasuransi milikan yang 3. reinsurance contracts held, which are
merupakan aset; dan assets; and
4. kontrak reasuransi milikan yang 4. reinsurance contracts held, which are
merupakan liabilitas. liabilities.
Jumlah yang diakui dalam laporan laba Amounts recognized in the statement of
rugi dan penghasilan komprehensif lain profit or loss and other comprehensive
disajikan secara terpisah ke dalam: income are presented separately as
follows:
1. hasil jasa asuransi yang terdiri dari 1. insurance service results, consisting
pendapatan asuransi dan beban jasa of insurance revenue and insurance
asuransi; dan service expenses; and
2. penghasilan atau beban keuangan 2. insurance finance income or
asuransi. expenses.
Entitas anak telah menerapkan PSAK The subsidiary has implemented SFAS
No. 117: Kontrak Asuransi untuk periode No. 117: Insurance Contracts for the
tahun buku yang dimulai pada atau setelah financial year period beginning on or after
tanggal 1 Januari 2025. Klasifikasi dan January 1, 2025. The classification and
pengukuran diterapkan secara retrospektif measurement are applied retrospectively
dengan melakukan penyajian kembali by restating the prior periods
laporan keuangan konsolidasian periode consolidated financial statements.
lalu.
135
Page 1110
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
aq. Perubahan kebijakan akuntansi dan aq. Changes in accounting policies and
pengungkapan (lanjutan) disclosures (continued)
BRI dan entitas anaknya telah menerapkan BRI and its subsidiaries have implemented
standar akuntansi yang berlaku efektif sejak accounting standards that have been effective
tanggal 1 Januari 2025, yang dianggap since January 1, 2025, which are considered
relevan dengan laporan keuangan relevant to the consolidated financial
konsolidasian, yaitu: (lanjutan) statements, namely: (continued)
b. Amendemen PSAK No. 221: Pengaruh b. Amendments to SFAS No. 221: The
Perubahan Kurs Valuta Asing tentang Effects of Changes in Foreign Exchange
Kekurangan Ketertukaran Rates regarding Lack of Exchangeability
PSAK No. 221 menjelaskan bagaimana SFAS No. 221 explains how to include
memasukkan transaksi dalam valuta asing foreign currency transactions and foreign
dan kegiatan usaha luar negeri ke dalam operations in the financial statements of
laporan keuangan entitas dan bagaimana an entity and how to translate financial
menjabarkan laporan keuangan ke dalam statements into a presentation currency.
mata uang penyajian.
Amandemen PSAK No. 221 merujuk pada The amendments to SFAS No. 221 refer
Amandemen IAS 21 tentang Lack of to the amendments to IAS 21: Lack of
Exchangeability. Amandemen ini Exchangeability. These amendments
mensyaratkan entitas menerapkan require an entity to apply a consistent
pendekatan yang konsisten dalam menilai approach in assessing whether a currency
apakah suatu mata uang dapat is exchangeable into another currency,
dipertukarkan ke mata uang lain, dan, jika and, when it is not, to determine the
tidak, menentukan kurs yang digunakan exchange rate to be used and the
serta pengungkapan yang diberikan. disclosures to be provided.
BRI dan entitas anaknya telah melakukan BRI and its subsidiaries have evaluated
proses evaluasi atas dampak penerapan the impact of SFAS implementation and
PSAK tersebut dan tidak mengidentifikasi have not identified any material impact on
adanya dampak material terhadap laporan the consolidated financial statements.
keuangan konsolidasian.
ar. Dividen ar. Dividends
Pembagian dividen kepada para pemegang Dividend distribution to the shareholders is
saham diakui sebagai liabilitas dalam laporan recognised as a liability in the consolidated
keuangan konsolidasian pada periode ketika financial statements in the period in which the
dividen tersebut disetujui oleh para pemegang dividends are approved by the shareholders.
saham.
136
Page 1111
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
3. KAS 3. CASH
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Rupiah 30.664.826 28.038.187 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 38.857.617 647.950 65.023.905 1.046.561 United States Dollar
Ringgit Malaysia 35.563.898 146.102 22.455.237 80.791 Malaysian Ringgit
Euro Eropa 7.343.108 143.715 4.965.698 83.216 European Euro
Dolar Australia 12.312.650 137.314 3.001.500 30.056 Australian Dollar
Riyal Arab Saudi 27.246.085 121.150 63.804.945 273.340 Saudi Arabian Riyal
Dolar Singapura 6.776.955 87.864 11.647.132 137.955 Singaporean Dollar
Pound Sterling Inggris 1.305.930 29.304 985.440 19.924 Great Britain Pound Sterling
Dirham Uni Emirat Arab 2.922.110 13.268 5.341.730 23.408 United Arab Emirates Dirham
Yen Jepang 101.099.572 10.767 67.951.794 7.001 Japanese Yen
Dolar Kanada 820.181 9.980 339.796 3.806 Canadian Dollar
Franc Swiss 338.390 7.115 584.970 10.421 Swiss Franc
Dolar Brunei Darussalam 434.062 5.628 875.830 10.374 Bruneian Dollar
Dolar Selandia Baru 400.643 3.856 516.268 4.681 New Zealand Dollar
Dolar Hong kong 1.604.380 3.437 1.383.271 2.868 Hong Kong Dollar
Baht Thailand 6.286.590 3.327 1.409.870 662 Thailand Baht
Dolar Taiwan Baru 5.468.986 2.904 9.277.819 4.555 New Taiwanese Dollar
Won Korea Selatan 211.086.190 2.440 35.859.387 392 South Korean Won
Renminbi 931.223 2.221 1.874.875 4.134 Renminbi
Dong Vietnam 958.889.000 608 325.350.000 205 Vietnamese Dong
Peso Filipina 1.690.900 479 3.148.660 876 Phillipine Peso
Rupee India 749.308 139 726.658 137 Indian Rupee
Kina Papua Nugini 22.287 87 23.323 92 Papua New Guinean Kina
Kroner Norwegia 409 1 - Norwegian Krone
1.379.656 1.745.455
Total 32.044.482 29.783.642 Total
Saldo kas sudah termasuk uang pada mesin ATM Cash balance includes cash in ATM (Automatic
(Anjungan Tunai Mandiri) sebesar Rp3.659.467 dan Teller Machines) amounting to Rp3,659,467 and
ASD1.433.440 (nilai penuh) pada tanggal USD1,433,440 (full amount) as of December 31,
31 Desember 2025 serta Rp3.730.161 dan 2025, and Rp3,730,161 and USD1,079,600 (full
ASD1.079.600 (nilai penuh) pada tanggal amount) as of December 31, 2024.
31 Desember 2024.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, there was no
2024 tidak terdapat saldo kas yang tidak dapat unusable cash that was pledged as collateral by BRI
digunakan dan yang dijaminkan oleh BRI dan entitas and its subsidiaries.
anak.
4. GIRO PADA BANK INDONESIA 4. CURRENT ACCOUNTS WITH BANK INDONESIA
Giro pada Bank Indonesia terdiri atas: Current accounts with Bank Indonesia consist of:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Rupiah 22.399.643 77.556.344 Rupiah
Dolar Amerika Serikat 571.512.149 9.529.965 703.487.121 11.322.625 United States Dollar
Total 31.929.608 88.878.969 Total
137
Page 1112
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. GIRO PADA BANK LAIN 5. CURRENT ACCOUNTS WITH OTHER BANKS
a) Berdasarkan Mata Uang: a) By Currency:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah 721.389 455.510 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 2.037.583.294 33.976.701 1.225.684.117 19.727.386 United States Dollar
Dolar Singapura 169.226.774 2.194.033 56.729.387 671.935 Singaporean Dollar
Yen Jepang 10.384.072.367 1.105.904 8.020.543.284 826.357 Japanese Yen
Renminbi 379.091.637 904.134 580.523.445 1.280.048 Renminbi
Pound Sterling Inggris 37.164.312 833.950 24.789.813 501.214 Great Britain Pound Sterling
Franc Swiss 26.943.437 566.524 4.483.353 79.871 Swiss Franc
Euro Eropa 27.361.896 535.512 40.432.983 677.581 European Euro
Dolar Hong Kong 148.066.043 317.202 65.074.834 134.907 Hong Kong Dollar
Dolar Australia 22.438.903 250.244 19.884.566 199.114 Australian Dollar
Dolar Taiwan Baru 365.771.162 194.219 173.816.071 85.331 New Taiwanese Dollar
Dirham Uni Emirat Arab 40.792.693 185.219 47.833.087 209.609 United Arab Emirates Dirham
Riyal Arab Saudi 12.821.921 57.013 7.254.723 31.079 Saudi Arabian Riyal
Dolar Kanada 3.458.110 42.077 2.384.979 26.716 Canadian Dollar
Dolar Selandia Baru 3.065.781 29.510 16.015.084 145.224 New Zealand Dollar
Ringgit Malaysia 5.768.382 23.697 2.690.191 9.679 Malaysian Ringgit
Kroner Norwegia 4.633.648 7.682 4.889.729 6.942 Norwegian Croner
Baht Thailand 11.625.294 6.152 6.214.167 2.919 Thailand Baht
Kroner Swedia 1.858.068 3.362 4.555.299 6.666 Swedish Croner
41.233.135 24.622.578
41.954.524 25.078.088
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah 473.647 470.161 Rupiah
Mata uang asing Foreign currency
Dolar Hong Kong 4.860.483 10.413 13.252.891 27.475 Hong Kong Dollar
Dolar Amerika Serikat 359.631 5.997 441.212 7.101 United States Dollar
16.410 34.576
490.057 504.737
Total 42.444.581 25.582.825 Total
Cadangan kerugian penurunan nilai (11.273) (8.378) Allowance for impairment losses
Total - Neto 42.433.308 25.574.447 Total - Net
138
Page 1113
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. GIRO PADA BANK LAIN (lanjutan) 5. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
b) Berdasarkan Bank: b) By Bank:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Central Asia Tbk 151.018 163.195 PT Bank Central Asia Tbk
PT Bank Mayapada Internasional Tbk 120.172 10.350 PT Bank Mayapada Internasional Tbk
Standard Chartered Bank 118.663 113.842 Standard Chartered Bank
PT Bank Pembangunan Daerah Kalsel 92.694 3.956 PT Bank Pembangunan Daerah Kalsel
PT Bank Muamalat Indonesia Tbk 62.123 35.819 PT Bank Muamalat Indonesia Tbk
PT Bank Maybank Indonesia Tbk 27.077 26.686 PT Bank Maybank Indonesia Tbk
PT Bank OCBC NISP Tbk 24.151 1.661 PT Bank OCBC NISP Tbk
PT Bank CIMB Niaga Tbk 18.153 9.834 PT Bank CIMB Niaga Tbk
PT Bank Panin Dubai Syariah Tbk 14.845 985 PT Bank Panin Dubai Syariah Tbk
PT Bank Permata Tbk 10.632 5.395 PT Bank Permata Tbk
Lainnya 81.861 83.787 Others
721.389 455.510
Mata uang asing Foreign currency
J.P. Morgan Chase Bank, N.A. 19.882.986 14.467.400 J.P. Morgan Chase Bank, N.A.
Federal Reserve Bank 9.468.959 169.627 Federal Reserve Bank
Standard Chartered Bank 2.038.800 755.651 Standard Chartered Bank
Bank of America 1.493.375 1.982.014 Bank of America
Wells Fargo Bank, N.A. 1.169.942 5.124 Wells Fargo Bank, N.A.
Citibank, N.A. 1.058.696 2.160.953 Citibank, N.A.
PT Bank DBS 1.053.531 278.793 PT Bank DBS
Bank of China, Ltd 795.539 1.227.909 Bank of China, Ltd
Sumitomo Mitsui Sumitomo Mitsui
Banking Corporation 697.907 458.665 Banking Corporation
UBS Switzerland AG, Zurich 566.497 79.862 UBS Switzerland AG, Zurich
OCBC Singapore 416.868 212.602 OCBC Singapore
Bank MUFG 408.013 367.700 Bank MUFG
Lainnya 2.182.022 2.456.278 Others
41.233.135 24.622.578
41.954.524 25.078.088
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 189.012 126.594 (Persero) Tbk
PT Bank Syariah Indonesia Tbk 155.839 135.229 PT Bank Syariah Indonesia Tbk
PT Bank Mandiri (Persero) Tbk 114.357 147.201 PT Bank Mandiri (Persero) Tbk
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 9.142 60.728 (Persero) Tbk
PT Bank Syariah Nasional PT Bank Syariah Nasional
(dahulu PT Bank Tabungan (formerly PT Bank Tabungan
Negara (Persero) Tbk - Negara (Persero) Tbk -
Unit usaha syariah) 5.297 408 sharia business unit)
PT Bank Hibank Indonesia - 1 PT Bank Hibank Indonesia
473.647 470.161
139
Page 1114
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. GIRO PADA BANK LAIN (lanjutan) 5. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
b) Berdasarkan Bank (lanjutan): b) By Bank (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
(lanjutan) (continued)
Mata uang asing Foreign currency
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 14.894 32.995 (Persero) Tbk
PT Bank Mandiri (Persero) Tbk 1.516 1.581 PT Bank Mandiri (Persero) Tbk
16.410 34.576
490.057 504.737
Total 42.444.581 25.582.825 Total
Cadangan kerugian penurunan nilai (11.273) (8.378) Allowance for impairment losses
Neto 42.433.308 25.574.447 Net
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Giro pada bank lain Current accounts with others banks
25.582.825 - - 25.582.825 Carrying value beginning
Nilai tercatat awal balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 16.782.651 - - 16.782.651 carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 78.464 - - 78.464 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya - - - - assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 641 - - 641 and other changes
Carrying value ending
Nilai tercatat akhir 42.444.581 - - 42.444.581 balance
140
Page 1115
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. GIRO PADA BANK LAIN (lanjutan) 5. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Giro pada bank lain Current accounts with
others banks
Carrying value beginning
Nilai tercatat awal 22.331.919 - - 22.331.919 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 3.246.897 - - 3.246.897 carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 3.539 - - 3.539 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya - - - - assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 470 - - 470 and other changes
Carrying value ending
Nilai tercatat akhir 25.582.825 - - 25.582.825 balance
31 Desember 2025/December 31, 2025
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Giro pada bank lain Current accounts with
others banks
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 8.378 - - 8.378 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian 3.105 - - 3.105 allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli - - - - or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya - - - - assets
Penghapusbukuan Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (210) - - (210) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 11.273 - - 11.273 credit loss ending balance
141
Page 1116
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. GIRO PADA BANK LAIN (lanjutan) 5. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2024/December 31, 2024
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Giro pada bank lain Current accounts with
others banks
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 9.984 - - 9.984 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (1.678) - - (1.678) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 1 - - 1 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya - - - - assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 71 - - 71 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 8.378 - - 8.378 credit loss ending balance
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, there were no
2024, tidak terdapat giro pada bank lain yang current accounts with other banks that were restricted
dibatasi penggunaannya. in use.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, current accounts
2024, giro pada bank lain dilakukan penilaian secara with other banks are assessed collectively.
kolektif.
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai telah memadai pada impairment losses is adequate as of December 31,
tanggal-tanggal 31 Desember 2025 dan 2025 and 2024
2024.
142
Page 1117
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN 6. PLACEMENTS WITH BANK INDONESIA AND
LEMBAGA KEUANGAN LAIN OTHER FINANCIAL INSTITUTIONS
a) Berdasarkan Mata Uang dan Jenis: a) By Currency and Type:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah Rupiah
Bank Indonesia Bank Indonesia
Deposit Facility - 18.949.861 Deposit Facility
- 18.949.861
Inter-bank call money Inter-bank call money
PT Bank DKI - 400.000 PT Bank DKI
PT Bank OCBC NISP Tbk - 300.000 PT Bank OCBC NISP Tbk
PT Bank Mega Tbk - 300.000 PT Bank Mega Tbk
PT BPD Kaltim Kaltara - 200.000 PT BPD Kaltim Kaltara
PT Bank DBS Indonesia - 200.000 PT Bank DBS Indonesia
PT Bank UOB Indonesia - 200.000 PT Bank UOB Indonesia
PT Bank Maybank PT Bank Maybank
Indonesia Tbk - 175.000 Indonesia Tbk
PT BPD Sumatera Utara - 100.000 PT BPD Sumatera Utara
PT BPD Sulawesi Utara PT BPD Sulawesi Utara
Gorontalo - 100.000 Gorontalo
Lembaga Keuangan Lainnya - 180.000 Other Financial Institutions
- 2.155.000
Deposito Berjangka Time Deposits
PT Bank Mega Tbk 373.491 6.000 PT Bank Mega Tbk
PT Bank Maybank PT Bank Maybank
Indonesia Tbk 51.100 - Indonesia Tbk
PT Bank DKI 39.800 84.600 PT Bank DKI
PT Bank CIMB Niaga Tbk 36.050 18.500 PT Bank CIMB Niaga Tbk
PT Bank Mayapada PT Bank Mayapada
Internasional Tbk 19.503 13.000 Internasional Tbk
PT Nationalnobu Tbk 18.604 PT Nationalnobu Tbk
PT BPD Sulawesi Utara Gorontalo 17.800 - PT BPD Sulawesi Utara Gorontalo
PT Bank Muamalat Indonesia Tbk 17.000 12.050 PT Bank Muamalat Indonesia Tbk
PT Bank KB Bukopin Syariah 16.500 25.500 PT Bank KB Bukopin Syariah
PT Bank Ina Perdana Tbk 12.000 11.000 PT Bank Ina Perdana Tbk
PT BPD Jawa Barat dan PT BPD Jawa Barat dan
Banten Syariah 11.000 11.000 Banten Syariah
PT BPD Jawa Barat dan PT BPD Jawa Barat dan
Banten Tbk 10.122 - Banten Tbk
Lembaga Keuangan Lainnya 128.158 264.321 Other Financial Institutions
751.128 445.971
Penempatan lainnya Other Placements
(Margin Deposit) (Margin Deposit)
JP Morgan Chase Bank, N.A. 18.148 - JP Morgan Chase Bank, N.A.
18.148 -
(Banker's Acceptance) (Banker's Acceptance)
PT Bank Maybank Indonesia Tbk 1.500.000 - PT Bank Maybank Indonesia Tbk
1.500.000 -
2.269.276 21.550.832
143
Page 1118
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN 6. PLACEMENTS WITH BANK INDONESIA AND
LEMBAGA KEUANGAN LAIN (lanjutan) OTHER FINANCIAL INSTITUTIONS (continued)
a) Berdasarkan Mata Uang dan Jenis (lanjutan): a) By Currency and Type (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Dolar Amerika Serikat United States Dollar
Bank Indonesia Bank Indonesia
Term Deposit 500.000.000 8.337.500 1.000.000.000 16.095.000 Term Deposit
8.337.500 16.095.000
Deposito Berjangka Time Deposits
U.S. Bank - 634.620 10.214 U.S. Bank
- 10.214
Inter-bank call money Inter-bank call money
The Bank of New York Mellon The Bank of New York Mellon
Corporation 64.900.000 1.082.208 49.400.000 795.093 Corporation
The Hongkong and Shanghai The Hongkong and Shanghai
Banking Co. Ltd 38.900.412 648.664 9.270.929 149.216 Banking Co. Ltd
State Bank of India 35.027.974 584.091 53.000.000 853.035 State Bank of India
The Chugoku Bank Ltd 30.011.989 500.450 - The Chugoku Bank Ltd
United Overseas Bank Limited 7.452.999 124.279 7.452.999 119.956 United Overseas Bank Limited
Lembaga Keuangan Lainnya - 659.291.652 8.693.999 Other Financial Institutions
2.939.692 10.611.299
Penempatan lainnya Other Placements
(Banker's Acceptance) (Banker's Acceptance)
The Saudi National Bank 125.000.000 2.084.375 - The Saudi National Bank
PT Bank IBK Indonesia Tbk 110.000.000 1.834.250 95.000.000 1.529.025 PT Bank IBK Indonesia Tbk
PT Bank Mega Tbk 30.000.000 500.250 50.000.000 804.750 PT Bank Mega Tbk
PT Bank Maybank PT Bank Maybank
Indonesia Tbk - 116.000.000 1.867.020 Indonesia Tbk
4.418.875 4.200.795
(Margin Deposit) (Margin Deposit)
Standard Chartered Bank 16.126.185 268.904 - Standard Chartered Bank
JP Morgan Chase Bank. N.A. 3.080.000 51.359 1.000.000 16.095 JP Morgan Chase Bank. N.A.
320.263 16.095
16.016.330 30.933.403
Dolar Taiwan Baru New Taiwanese Dollar
Inter-bank call money Inter-bank call money
KEB Hana Bank - 400.000.000 196.370 KEB Hana Bank
- 196.370
16.016.330 31.129.773
18.285.606 52.680.605
144
Page 1119
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN 6. PLACEMENTS WITH BANK INDONESIA AND
LEMBAGA KEUANGAN LAIN (lanjutan) OTHER FINANCIAL INSTITUTIONS (continued)
a) Berdasarkan Mata Uang dan Jenis (lanjutan): a) By Currency and Type (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Inter-bank call money Inter-bank call money
PT Bank Negara PT Bank Negara
Indonesia (Persero)Tbk - 1.000.000 Indonesia (Persero) Tbk
- 1.000.000
Deposito berjangka Time deposits
PT Bank Syariah Indonesia Tbk 222.484 174.448 PT Bank Syariah Indonesia Tbk
PT Bank Syariah Nasional PT Bank Syariah Nasional
(dahulu PT Bank Tabungan (formely PT Bank Tabungan
Negara (Persero) Tbk - Negara (Persero) Tbk -
Unit usaha syariah) 67.066 - sharia business unit)
PT Bank Tabungan PT Bank Tabungan
Negara (Persero) Tbk 33.956 743.179 Negara (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia Tbk
(Persero) Tbk 5.050 65.050 (Persero) Tbk
328.556 982.677
328.556 1.982.677
Dolar Amerika Serikat United States Dollar
Inter-bank call money Inter-bank call money
PT Bank Mandiri (Persero) Tbk 85.000.000 1.417.375 138.000.000 2.221.110 PT Bank Mandiri (Persero) Tbk
PT Bank Negara PT Bank Negara Indonesia
Indonesia (Persero) Tbk 60.000.000 1.000.500 60.000.000 965.700 Persero (Tbk)
2.417.875 3.186.810
Deposito berjangka Time deposits
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 1.509.625 25.173 1.506.244 24.243 (Persero) Tbk
25.173 24.243
2.443.048 3.211.053
2.771.604 5.193.730
Total 21.057.210 57.874.335 Total
Cadangan kerugian penurunan nilai (2.405) (767) Less allowance for impairment losses
Neto 21.054.805 57.873.568 Net
145
Page 1120
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN 6. PLACEMENTS WITH BANK INDONESIA AND
LEMBAGA KEUANGAN LAIN (lanjutan) OTHER FINANCIAL INSTITUTIONS (continued)
b) Berdasarkan Jangka Waktu: b) By Time Period:
Klasifikasi jangka waktu penempatan The classifications of placements based on their
berdasarkan sisa umur sampai dengan saat remaining period to maturity are as follows:
jatuh tempo adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
≤ 1 bulan 2.160.141 21.386.012 ≤ 1 month
> 1 bulan - 3 bulan 26.650 51.650 > 1 month - 3 months
> 3 bulan - 1 tahun 82.485 113.170 > 3 months - 1 year
2.269.276 21.550.832
Mata uang asing Foreign currency
≤ 1 bulan 12.848.080 25.754.137 ≤ 1 month
> 1 bulan - 3 bulan 1.584.125 4.216.796 > 1 month - 3 months
> 3 bulan - 1 tahun 1.584.125 1.158.840 > 3 months - 1 year
16.016.330 31.129.773
18.285.606 52.680.605
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
≤ 1 bulan 245.404 1.903.733 ≤ 1 month
> 1 bulan - 3 bulan 83.152 78.444 > 1 month - 3 months
> 3 bulan - 1 tahun - 500 > 3 months - 1 year
328.556 1.982.677
Mata uang asing Foreign currency
≤ 1 bulan 2.192.923 3.211.053 ≤ 1 month
> 1 bulan - 3 bulan 100.050 - > 1 month - 3 months
> 3 bulan - 1 tahun 150.075 - > 3 months - 1 year
2.443.048 3.211.053
2.771.604 5.193.730
Total 21.057.210 57.874.335 Total
Cadangan kerugian penurunan nilai (2.405) (767) Allowance for impairment losses
Neto 21.054.805 57.873.568 Net
146
Page 1121
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN 6. PLACEMENTS WITH BANK INDONESIA AND
LEMBAGA KEUANGAN LAIN (lanjutan) OTHER FINANCIAL INSTITUTIONS (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 – life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Penempatan pada BI dan lembaga Placement with Bank Indonesia
keuangan lain and other financial institution
Carrying value beginning
Nilai tercatat awal 57.874.335 - - 57.874.335 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 21.057.210 - - 21.057.210 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (57.872.572) - - (57.872.572) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (1.763) - - (1.763) and other changes
Carrying value ending
Nilai tercatat akhir 21.057.210 - - 21.057.210 balance
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 – life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Penempatan pada BI dan lembaga Placement with Bank Indonesia
keuangan lain and other financial institution
Carrying value beginning
Nilai tercatat awal 65.225.260 - - 65.225.260 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 57.874.335 - - 57.874.335 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (65.223.260) - - (65.223.260) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (2.000) - - (2.000) and other changes
Carrying value ending
Nilai tercatat akhir 57.874.335 - - 57.874.335 balance
147
Page 1122
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN 6. PLACEMENTS WITH BANK INDONESIA AND
LEMBAGA KEUANGAN LAIN (lanjutan) OTHER FINANCIAL INSTITUTIONS (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (lanjutan):
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 – life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Penempatan pada BI dan lembaga Placement with Bank Indonesia
keuangan lain and other financial institutions
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 767 - - 767 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian - - - - allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 2.530 - - 2.530 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (767) - - (767) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (125) - - (125) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 2.405 - - 2.405 credit loss ending balance
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 – life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Penempatan pada BI dan lembaga Placement with Bank Indonesia
keuangan lain and other financial institutions
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 1.860 - - 1.860 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian - - - - allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 767 - - 767 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (1.859) - - (1.859) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (1) - - (1) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 767 - - 767 credit loss ending balance
148
Page 1123
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PENEMPATAN PADA BANK INDONESIA DAN 6. PLACEMENTS WITH BANK INDONESIA AND
LEMBAGA KEUANGAN LAIN (lanjutan) OTHER FINANCIAL INSTITUTIONS (continued)
Manajemen berpendapat bahwa cadangan kerugian Management believes that the allowance for
penurunan nilai telah memadai pada tanggal impairment losses is adequate as of December 31,
31 Desember 2025 dan 2024. 2025 and 2024.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, placement with
2024, penempatan pada Bank Indonesia dan Bank Indonesia and other financial institutions are
lembaga keuangan lain dilakukan penilaian secara assessed collectively.
kolektif.
Pada tanggal-tanggal 31 Desember 2025 dan On December 31, 2025 and 2024, there are no
2024, tidak terdapat jumlah dana yang diblokir. blocked funds.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, there were no
2024, tidak terdapat penempatan pada Bank placements with Bank Indonesia and other financial
Indonesia dan lembaga keuangan lain yang dibatasi institutions that were impaired and whose use was
penggunaannya, kecuali margin deposit masing- restricted, except margin deposit amounting to
masing sebesar Rp338.411 dan Rp16.095. Rp338,411 and Rp16,095, respectively.
7. EFEK-EFEK 7. SECURITIES
a) Berdasarkan Tujuan, Mata Uang dan Jenis: a) By Purpose, Currency, and Type:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Nilai wajar melalui laba rugi Fair value through profit or loss
Pihak ketiga Third parties
Rupiah Rupiah
Sertifikat Rupiah Bank Indonesia 10.312.692 8.673.481 Certificate of Bank Indonesia
Reksadana 3.956.006 7.638.041 Mutual Fund
Obligasi 178.375 269.314 Bonds
Lainnya 890.080 1.028.862 Others
15.337.153 17.609.698
Dolar Amerika Serikat United States Dollar
U.S. Treasury Bonds 232.936.855 3.884.222 2.999.941 48.284 U.S. Treasury Bonds
Sertifikat Valas Bank Indonesia 9.970.322 166.255 - Certificate of Bank Indonesia
Reksadana 3.679.627 61.358 594.401 9.567 Mutual Fund
Lainnya 301.925 5.035 1.333.040 21.455 Others
4.116.870 79.306
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Obligasi Pemerintah Indonesia 3.603.973 4.325.287 Indonesian Government Bond
Obligasi 143.742 98.410 Bonds
Lainnya 398.419 544.739 Others
4.146.134 4.968.436
Dolar Amerika Serikat United States Dollar
Obligasi Pemerintah Indonesia 81.771.881 1.363.546 39.353.446 633.394 Indonesian Government Bond
Obligasi - 7.947.680 127.918 Bonds
1.363.546 761.312
24.963.703 23.418.752
149
Page 1124
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
a) Berdasarkan Tujuan, Mata Uang dan Jenis a) By Purpose, Currency, and Type (continued):
(lanjutan):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Nilai wajar melalui penghasilan Fair value through
komprehensif lain other comprehensive income
Pihak ketiga Third parties
Rupiah Rupiah
Sertifikat Rupiah Bank Indonesia 20.852.552 18.337.366 Certificate of Bank Indonesia
Reksadana 18.225.631 14.255.835 Mutual Fund
Obligasi 4.171.822 3.220.768 Bonds
Negotiable Certificate of Deposit 100.997 - Negotiable Certificate of Deposit
Lainnya 6.721 8.613 Others
43.357.723 35.822.582
Dolar Amerika Serikat United States Dollar
Sertifikat Valas Bank Indonesia 755.797.622 12.602.925 304.147.426 4.895.253 Certificate of Bank Indonesia
U.S. Treasury Bonds 149.226.034 2.488.344 101.653.849 1.636.119 U.S. Treasury Bonds
U.S. Treasury Bills 119.766.287 1.997.103 62.800.383 1.010.772 U.S. Treasury Bills
Reksadana 50.835.000 847.674 50.750.000 816.821 Mutual Fund
Obligasi 48.193.327 803.624 45.246.228 728.238 Bonds
18.739.670 9.087.203
Dolar Singapura Singaporean Dollar
Monetary Authority of Singapore Monetary Authority of Singapore
(MAS) Bills 180.469.166 2.339.792 124.484.981 1.474.472 (MAS) Bills
Singapore Government Singapore Government
Securities (SIGB) 33.207.937 430.543 49.514.693 586.480 Securities (SIGB)
Obligasi 1.009.656 13.090 982.099 11.633 Bonds
2.783.425 2.072.585
Dolar Taiwan Baru New Taiwanese Dollar
Obligasi Pemerintah Taiwan 200.436.100 106.429 200.121.300 98.245 Taiwan Government Bonds
Negotiable Certificate of Deposit 100.000.000 53.099 130.000.000 63.820 Negotiable Certificate of Deposit
159.528 162.065
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Obligasi Pemerintah Indonesia 60.135.720 75.098.417 Indonesian Government Bond
Obligasi 6.816.616 6.359.980 Bonds
Medium-Term Note 59.997 211.027 Medium-Term Note
Lainnya - 13.118 Others
67.012.333 81.682.542
Dolar Amerika Serikat United States Dollar
Obligasi Pemerintah Indonesia 1.800.605.784 30.025.101 2.120.255.081 34.125.506 Indonesian Government Bond
Obligasi 214.088.603 3.569.927 275.977.690 4.441.861 Bonds
33.595.028 38.567.367
Yen Jepang Japanese Yen
Obligasi Pemerintah Indonesia 2.195.687.998 233.841 2.185.844.488 225.207 Indonesian Government Bond
233.841 225.207
Euro Eropa European Euro
Obligasi Pemerintah Indonesia 8.751.800 171.285 15.320.075 256.735 Indonesian Government Bond
171.285 256.735
166.052.833 167.876.286
150
Page 1125
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
a) Berdasarkan Tujuan, Mata Uang dan Jenis a) By Purpose, Currency, and Type (continued):
(lanjutan):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Biaya perolehan diamortisasi Amortized costs
Pihak ketiga Third parties
Rupiah Rupiah
Sertifikat Rupiah Bank Indonesia 428.394 346.126 Certificate of Bank Indonesia
Obligasi - 15.096 Bonds
428.394 361.222
Dolar Amerika Serikat United States Dollar
Obligasi - 2.999.277 48.273 Bonds
U.S. Treasury Bonds 5.021.466 83.733 - U.S. Treasury Bonds
Lainnya 2.299.524.405 38.344.569 1.343.798.812 21.628.442 Others
38.428.302 21.676.715
Dolar Singapura Singaporean Dollar
Obligasi 9.166.103 118.839 9.448.037 111.908 Bonds
Monetary Authority of Singapore Monetary Authority of Singapore
(MAS) Bills 19.982.652 259.076 - (MAS) Bills
Lainnya - 9.000.000 106.601 Others
377.915 218.509
Euro Eropa European Euro
Lainnya - 18.000.000 301.646 Others
- 301.646
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Obligasi Pemerintah Indonesia 119.293.288 86.661.449 Indonesian Government Bond
Obligasi 77.003 231.095 Bonds
Medium-Term Note 10.175 10.175 Medium-Term Note
119.380.466 86.902.719
Dolar Amerika Serikat United States Dollar
Obligasi Pemerintah Indonesia 1.312.046.849 21.878.381 1.461.520.946 23.523.180 Indonesian Government Bond
Obligasi 12.458.806 207.751 16.083.435 258.863 Bonds
Lainnya 36.900.000 615.308 87.080.000 1.401.552 Others
22.701.440 25.183.595
Euro Eropa European Euro
Obligasi Pemerintah Indonesia 20.425.107 399.749 35.580.160 596.256 Indonesian Government Bond
399.749 596.256
181.716.266 135.240.662
Total 372.732.802 326.535.700 Total
Dikurangi cadangan kerugian penurunan nilai (89.519) (58.823) Less Allowance for Impairment Losses
Neto 372.643.283 326.476.877 Net
151
Page 1126
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
b) Berdasarkan Sisa Umur Hingga Jatuh Tempo: b) By Remaining Period to Maturity:
Klasifikasi jangka waktu efek-efek berdasarkan The classifications of securities based on their
sisa umur sampai dengan saat jatuh tempo remaining period to maturity are as follows:
adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
≤ 1 bulan 55.750.904 53.443.260 ≤ 1 month
> 1 bulan - 3 bulan 597.910 60.721 > 1 month - 3 months
> 3 bulan - 1 tahun 789.514 284.425 > 3 months - 1 year
> 1 tahun 1.984.942 5.096 > 1 year
59.123.270 53.793.502
Mata Uang Asing Foreign currency
≤ 1 bulan 29.778.327 14.784.717 ≤ 1 month
> 1 bulan - 3 bulan 10.747.191 7.626.822 > 1 month - 3 months
> 3 bulan - 1 tahun 21.426.753 11.077.537 > 3 months - 1 year
> 1 tahun 2.653.439 108.953 > 1 year
64.605.710 33.598.029
123.728.980 87.391.531
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
≤ 1 bulan 49.900.510 86.948.023 ≤ 1 month
> 1 bulan - 3 bulan 4.063.804 20.000 > 1 month - 3 months
> 3 bulan - 1 tahun 17.344.239 11.481.294 > 3 months - 1 year
> 1 tahun 119.230.380 75.104.380 > 1 year
190.538.933 173.553.697
Mata Uang Asing Foreign currency
≤ 1 bulan 39.136.596 41.850.687 ≤ 1 month
> 1 bulan - 3 bulan 3.028.298 - > 1 month - 3 months
> 3 bulan - 1 tahun 850.414 3.690.099 > 3 months - 1 year
> 1 tahun 15.449.581 20.049.686 > 1 year
58.464.889 65.590.472
249.003.822 239.144.169
Total 372.732.802 326.535.700 Total
Cadangan kerugian penurunan nilai (89.519) (58.823) Allowance for impairment losses
Neto 372.643.283 326.476.877 Net
152
Page 1127
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit: c) By Type and Issuer:
c.1. Obligasi Pemerintah c.1. Government Bonds
Obligasi Pemerintah merupakan obligasi Government bonds represent bonds issued
yang diterbitkan oleh suatu negara dalam by the government of a country in
rangka pengelolaan portofolio surat utang connection with the management of
negara tersebut, seperti Surat Utang Government debentures portfolio, such as
Negara (SUN), Surat Perbendaharaan Government Debentures (SUN),
Negara (SPN) dan Obligasi Pemerintah Government Treasury Bills (SPN) and
valuta asing yang diperoleh melalui pasar Government bonds issued in foreign
perdana dan juga pasar sekunder, currency which are obtained from the
termasuk U.S. Treasury Bonds, U.S. primary and secondary markets, including
Treasury Bills, Singapore Government U.S. Treasury Bonds, U.S. Treasury Bills,
Securities, dan Obligasi Pemerintah Singapore Government Securities, and
Taiwan. Rincian Obligasi Pemerintah Taiwan Government Bonds. The details of
adalah sebagai berikut: Government bonds are as follows:
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar melalui laba rugi Fair value through profit or loss
Rupiah Rupiah
Obligasi Pemerintah Fixed Rate 2.035.726 1.058.572 Fixed Rate Government Bonds
Obligasi Pemerintah Sukuk 1.287.134 673.106 Sukuk Government Bonds
Obligasi Ritel Indonesia 136.194 1.610.304 Indonesia Retail Bonds
Surat Perbendaharaan Negara 144.919 983.305 Government Treasury Bonds
3.603.973 4.325.287
Mata uang asing Foreign currency
Obligasi Pemerintah Fixed Rate United States Dollar Fixed Rate
Dolar Amerika Serikat 957.640 320.083 Government Bonds
Obligasi Pemerintah Sukuk 405.906 313.311 Sukuk Government Bonds
U.S. Treasury Bonds 3.884.222 48.284 U.S. Treasury Bonds
5.247.768 681.678
8.851.741 5.006.965
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Rupiah Rupiah
Obligasi Pemerintah Fixed Rate 52.911.398 51.852.182 Fixed Rate Government Bonds
Obligasi Pemerintah Sukuk 5.726.915 10.531.589 Sukuk Government Bonds
Surat Perbendaharaan Negara Sharia Government Treasury
Syariah 368.964 9.600 Bills
Obligasi Ritel Indonesia 50.482 12.568.881 Indonesia Retail Bonds
Surat Perbendaharaan Negara 1.077.961 136.165 Government Treasury Bills
60.135.720 75.098.417
153
Page 1128
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.1. Obligasi Pemerintah (lanjutan) c.1. Government Bonds (continued)
Obligasi Pemerintah merupakan obligasi Government bonds represent bonds issued
yang diterbitkan oleh suatu negara dalam by the government of a country in
rangka pengelolaan portofolio surat utang connection with the management of
negara tersebut, seperti Surat Utang Government debentures portfolio, such as
Negara (SUN), Surat Perbendaharaan Government Debentures (SUN),
Negara (SPN) dan Obligasi Pemerintah Government Treasury Bills (SPN) and
valuta asing yang diperoleh melalui pasar Government bonds issued in foreign
perdana dan juga pasar sekunder, currency which are obtained from the
termasuk U.S. Treasury Bonds, U.S. primary and secondary markets, including
Treasury Bills, Singapore Government U.S. Treasury Bonds, U.S. Treasury Bills,
Securities, dan Obligasi Pemerintah Singapore Government Securities, and
Taiwan. Rincian Obligasi Pemerintah Taiwan Government Bonds. The details of
adalah sebagai berikut (lanjutan): Government bonds are as follows
(continued):
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar melalui Fair value through
penghasilan komprehensif other comprehensive
lain (lanjutan) income (continued)
Mata uang asing Foreign currency
Obligasi Pemerintah Fixed Rate United States Dollar Fixed Rate
Dolar Amerika Serikat 17.506.145 18.047.417 Government Bonds
Obligasi Pemerintah Sukuk 12.518.956 16.078.089 Sukuk Government Bonds
U.S. Treasury Bonds 2.488.344 1.636.119 U.S. Treasury Bonds
U.S. Treasury Bills 1.997.103 1.010.772 U.S. Treasury Bills
Singapore Government Singapore Government
Securities (SIGB) 430.543 586.480 Securities (SIGB)
Obligasi Pemerintah Japanese Yen
Yen Jepang 233.841 225.207 Government Bonds
Obligasi Pemerintah European Euro
Euro Eropa 171.285 256.735 Government Bonds
Obligasi Pemerintah Taiwan 106.429 98.245 Taiwanese Government Bonds
35.452.646 37.939.064
95.588.366 113.037.481
Biaya perolehan diamortisasi Amortized costs
Rupiah Rupiah
Obligasi Pemerintah Fixed Rate 109.532.480 76.336.445 Fixed Rate Government Bonds
Obligasi Pemerintah Sukuk 9.760.808 10.005.864 Sukuk Government Bonds
Obligasi Ritel Indonesia - 319.140 Indonesia Retail Bonds
119.293.288 86.661.449
154
Page 1129
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.1. Obligasi Pemerintah (lanjutan) c.1. Government Bonds (continued)
Obligasi Pemerintah merupakan obligasi Government bonds represent bonds issued
yang diterbitkan oleh suatu negara dalam by the government of a country in
rangka pengelolaan portofolio surat utang connection with the management of
negara tersebut, seperti Surat Utang Government debentures portfolio, such as
Negara (SUN), Surat Perbendaharaan Government Debentures (SUN),
Negara (SPN) dan Obligasi Pemerintah Government Treasury Bills (SPN) and
valuta asing yang diperoleh melalui pasar Government bonds issued in foreign
perdana dan juga pasar sekunder, currency which are obtained from the
termasuk U.S. Treasury Bonds, U.S. primary and secondary markets, including
Treasury Bills, Singapore Government U.S. Treasury Bonds, U.S. Treasury Bills,
Securities dan Obligasi Pemerintah Singapore Government Securities and
Taiwan. Rincian Obligasi Pemerintah Taiwan Government Bonds. The details of
adalah sebagai berikut (lanjutan): Government bonds are as follows
(continued):
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Biaya perolehan diamortisasi Amortized costs
(lanjutan) (continued)
Mata uang asing Foreign currency
Obligasi Pemerintah Fixed Rate United States Dollar Fixed Rate
Dolar Amerika Serikat 13.519.613 13.358.317 Government Bonds
Obligasi Pemerintah Sukuk 8.442.501 10.164.863 Sukuk Government Bonds
Obligasi Pemerintah European Euro
Euro Eropa 399.749 596.256 Government Bonds
22.361.863 24.119.436
141.655.151 110.780.885
Total 246.095.258 228.825.331 Total
Informasi mengenai tingkat suku bunga Information regarding interest rates and
dan tanggal jatuh tempo adalah sebagai maturity date as follows:
berikut:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Tingkat Tingkat
Suku Bunga Suku Bunga
per Tahun (%)/ Tanggal per Tahun (%)/ Tanggal
Annual Interest Jatuh Tempo/ Annual Interest Jatuh Tempo/
Rate (%) Maturity Date Rate (%) Maturity Date
Rupiah Rupiah
Surat Perbendaharaan Government
Negara 4,47 - 4,54 12 Jan/Jan 12, 2026- 6,03 - 12,32 16 Jan/Jan 16, 2025- Treasury Bills
5 Nov/Nov 5 2026 4 Ags/Aug 4, 2025
Obligasi Pemerintah Fixed Rate Government
Fixed Rate 5,12 - 12,00 15 Feb/Feb 15, 2026- 5,12 - 12,00 15 Feb/Feb 15, 2025- Bonds
15 Jul/Jul 15, 2064 15 Jul/Jul 15, 2054
Obligasi Pemerintah Sukuk 4,88 - 9,00 10 Mar/Mar 10, 2026- 4,87 - 10,25 15 Jan/Jan 15, 2025- Sukuk Government Bonds
15 Des/Dec 15, 2049 15 Des/Dec 15, 2049
Obligasi Ritel Indonesia 4,88 - 6,75 15 Jul/Jul 15, 2026- 4,87 - 10,25 15 Feb/Feb 15, 2025- Indonesia Retail Bonds
15 Feb/Feb 15, 2031 15 Jul/Jul 15, 2064
155
Page 1130
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.1. Obligasi Pemerintah (lanjutan) c.1. Government Bonds (continued)
Informasi mengenai tingkat suku bunga Information regarding interest rates and
dan tanggal jatuh tempo adalah sebagai maturity date as follows: (continued)
berikut: (lanjutan)
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Tingkat Tingkat
Suku Bunga Suku Bunga
per Tahun (%)/ Tanggal per Tahun (%)/ Tanggal
Annual Interest Jatuh Tempo/ Annual Interest Jatuh Tempo/
Rate (%) Maturity Date Rate (%) Maturity Date
Mata uang asing Foreign currency
Obligasi Pemerintah Sukuk 1,50 - 5,60 29 Mar/Mar 29, 2026- 1,50 - 5,65 28 Mei/May 28, 2025- Sukuk Government Bonds
9 Jun/Jun 9, 2051 25 Nov/Nov 25, 2054
Obligasi Pemerintah Fixed Rate Fixed Rate Government Bonds
Dolar Amerika Serikat 1,85 - 8,50 8 Jan/Jan 8, 2026- 1,50 - 8,50 15 Jan/Jan 15, 2025- United States Dollar
23 Sep/Sep 23, 2061 12 Mar/Mar 12, 2071
Obligasi Pemerintah European Euro
Euro Eropa 0,90 - 3,75 14 Feb/Feb 14, 2027- 0,90 - 3,38 30 Jul/Jul 30, 2025- Government Bonds
23 Mar/Mar 23, 2034 23 Mar/Mar 23, 2034
Obligasi Pemerintah Japanese Yen
Yen Jepang 0,57 27 Mei/May 27, 2026 0,57 27 Mei/May 27, 2026 Government Bonds
Obligasi Pemerintah Taiwan Government
Taiwan 1,00 - 2,13 10 Nov/Nov 10, 2026- 1,00 - 2,13 10 Nov/Nov 10, 2026- Bonds
23 Jun/Jun 23, 2027 23 Jun/Jun 23, 2027
U.S. Treasury Bonds 1,38 - 4,63 13 Nov/Nov 13, 2026 0,25 - 5,00 31 Jan/Jan 31, 2025- U.S. Treasury Bonds
15 Nov/Nov 15, 2033
U.S. Treasury Bills 3,56 - 3,66 15 Jan/Jan 15, 2026- 3,18 - 4,99 14 Jan/Jan 14, 2025- U.S. Treasury Bills
28 Apr/Apr 28, 2026 11 Feb/Feb 11, 2025
Singapore Government Singapore Government
Securities (SIGB) 2,13 - 2,63 5 Jan/Jan 5, 2026- 0,50 - 2,63 1 Jun/Jun 1, 2025- Securities (SIGB)
6 Jan/Jan 6, 2026 1 Mei/May 1, 2028
Nilai pasar Obligasi Pemerintah yang Market values of Government bonds
diklasifikasikan sebagai “Nilai Wajar classified as “Fair Value through Profit or
melalui Laba Rugi” dan “Nilai Wajar melalui Loss” and ”Fair Value through Other
Penghasilan Komprehensif Lain” berkisar Comprehensive Income” ranged from
dari 96,18% sampai dengan 133,71% dan 96.18% to 133.71% and 93.70% to 120.52%
93,70% sampai dengan 120,52% masing- as of December 31, 2025 and 2024
masing pada tanggal 31 Desember 2025 respectively.
dan 2024.
156
Page 1131
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.2. Obligasi c.2. Bonds
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar melalui laba rugi Fair value through profit or loss
Pihak ketiga Third parties
Rupiah Rupiah
PT Indah Kiat Pulp & Paper Tbk 43.322 128.886 PT Indah Kiat Pulp & Paper Tbk
PT Adira Finance 28.455 - PT Adira Finance
PT Astra Sedaya Finance 18.179 - PT Astra Sedaya Finance
PT Federal International PT Federal International
Finance 15.171 24.906 Finance
PT Bumi Serpong Damai Tbk 15.008 - PT Bumi Serpong Damai Tbk
PT BPD Jabar Banten Tbk 14.288 - PT BPD Jabar Banten Tbk
PT Chandra Asri PT Chandra Asri
Petrochemical Tbk 10.456 10.111 Petrochemical Tbk
PT Mayora Indah Tbk 10.232 - PT Mayora Indah Tbk
PT KB Finansia Multifinance 4.746 - PT KB Finansia Multifinance
PT Surya Artha Nusantara PT Surya Artha Nusantara
Finance 4.716 - Finance
Lainnya 13.802 105.411 Others
178.375 269.314
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Bank Mandiri (Persero) Tbk 45.979 38.640 PT Bank Mandiri (Persero) Tbk
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 23.747 24.980 (Persero)
PT Waskita Beton Precast Tbk 23.004 26.633 PT Waskita Beton Precast Tbk
PT Mandiri Tunas Finance 19.220 - PT Mandiri Tunas Finance
PT Angkasa Pura I (Persero) 9.916 - PT Angkasa Pura I (Persero)
PT Kereta Api Indonesia PT Kereta Api Indonesia
(Persero) 9.649 - (Persero)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 4.463 4.165 (Persero)
PT Indonesia Infrastructure PT Indonesia Infrastructure
Finance 3.005 - Finance
PT Danareksa (Persero) 1.912 - PT Danareksa (Persero)
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) 1.891 3.992 (Persero)
Lainnya 956 - Others
143.742 98.410
Dolar Amerika Serikat United States Dollar
PT Bank Mandiri (Persero) Tbk - 127.918 PT Bank Mandiri (Persero) Tbk
- 127.918
322.117 495.642
157
Page 1132
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.2. Obligasi (lanjutan) c.2. Bonds (continued)
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar melalui Fair value through other
penghasilan komprehensif lain comprehensive income
Pihak ketiga Third parties
Rupiah Rupiah
PT Astra Sedaya Finance 621.638 574.991 PT Astra Sedaya Finance
PT Adira Finance 518.604 598.099 PT Adira Finance
PT Tower Bersama PT Tower Bersama
Infrastructure Tbk 350.317 - Infrastructure Tbk
PT Federal International PT Federal International
Finance 343.523 338.577 Finance
PT Indomobil Multifinance 307.462 293.256 PT Indomobil Multifinance
PT Chandra Asri PT Chandra Asri
Petrochemical Tbk 293.675 294.115 Petrochemical Tbk
PT Indah Kiat Pulp & Paper Tbk 249.507 118.877 PT Indah Kiat Pulp & Paper Tbk
PT Medco Power Indonesia 160.992 - PT Medco Power Indonesia
PT Surya Artha Nusantara PT Surya Artha Nusantara
Finance 153.090 325.272 FInance
PT Merdeka Copper Gold Tbk 127.886 - PT Merdeka Copper Gold Tbk
Lainnya 1.045.128 677.581 Others
4.171.822 3.220.768
Dolar Amerika Serikat United States Dollar
PT Freeport Indonesia 365.564 284.964 PT Freeport Indonesia
PT Indofood Sukses PT Indofood Sukses
Makmur Tbk 170.240 155.877 Makmur Tbk
CIMB Bank Berhad 64.870 60.412 CIMB Bank Berhad
Toronto-Dominion Bank, N. A. 49.382 46.320 Toronto-Dominion Bank, N. A.
PT Tower Bersama PT Tower Bersama
Infrastruktur Tbk 40.802 - Infrastruktur Tbk
Bank of America 7.054 9.644 Bank of America
Verizon Communications 5.507 5.081 Verizon Communications
Morgan Stanley 4.150 3.882 Morgan Stanley
ATT Inc 4.121 - ATT Inc
JP Morgan Chase Bank, N. A. 3.641 6.317 JP Morgan Chase Bank, N. A.
Lainnya 88.293 155.741 Others
803.624 728.238
Dolar Singapura Singaporean Dollar
House and Development House and Development
Board Singapore 13.090 11.633 Board Singapore
13.090 11.633
158
Page 1133
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.2. Obligasi (lanjutan) c.2. Bonds (continued)
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar melalui penghasilan Fair value through
komprehensif lain comprehensive income
(lanjutan) (continued)
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 2.142.504 1.953.682 (Persero)
PT Bank Mandiri (Persero) Tbk 1.098.707 339.480 PT Bank Mandiri (Persero) Tbk
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) 797.246 947.653 (Persero)
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 620.180 355.608 (Persero) Tbk
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 350.917 517.877 (Persero)
PT Kereta Api Indonesia PT Kereta Api Indonesia
(Persero) 323.308 396.278 (Persero)
PT Pupuk Indonesia (Persero) 312.128 470.283 PT Pupuk Indonesia (Persero)
PT Bank Syariah Indonesia 287.040 39.680 PT Bank Syariah Indonesia
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 251.940 265.074 (Persero) Tbk
PT Waskita Karya (Persero) Tbk 181.161 195.814 PT Waskita Karya (Persero) Tbk
Lainnya 451.485 878.551 Others
6.816.616 6.359.980
Dolar Amerika Serikat United States Dollar
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 1.087.809 847.568 (Persero)
PT Pertamina (Persero) 737.215 763.991 PT Pertamina (Persero)
PT Indonesia Asahan Aluminium PT Indonesia Asahan Aluminium
(Persero) 559.872 1.491.040 (Persero)
PT Bank Mandiri (Persero) Tbk 339.985 578.704 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 258.759 130.261 (Persero) Tbk
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) 230.093 213.961 (Persero)
PT Indonesia Infrastructure PT Indonesia Infrastructure
Finance 204.267 191.555 Finance
PT Pertamina Geothermal PT Pertamina Geothermal
Energy Tbk 135.815 - Energy Tbk
PT Hutama Karya (Persero) 16.112 14.888 PT Hutama Karya (Persero)
PT Pelabuhan Indonesia II PT Pelabuhan Indonesia II
(Persero) - 209.893 (Persero)
3.569.927 4.441.861
15.375.079 14.762.480
159
Page 1134
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.2. Obligasi (lanjutan) c.2. Bonds (continued)
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Biaya perolehan diamortisasi Amortized costs
Pihak ketiga Third parties
Rupiah Rupiah
PT Indosat Tbk - 15.096 PT Indosat Tbk
- 15.096
Dolar Amerika Serikat United States Dollar
United Overseas Bank - 48.273 United Overseas Bank
- 48.273
Dolar Singapura Singaporean Dollar
House and Development House and Development
Board Singapore 118.839 111.908 Board Singapore
118.839 111.908
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 75.000 75.000 (Persero)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 2.003 39.015 (Persero)
PT Perusahaan Pengelola Aset PT Perusahaan Pengelola Aset
(Persero) - 3.064 (Persero)
Lembaga Pembiayaan Ekspor Lembaga Pembiayaan Ekspor
Indonesia - 78.858 Indonesia
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) - 30.000 (Persero)
PT Telekomunikasi Indonesia PT Telekomunikasi Indonesia
(Persero) Tbk - 5.158 (Persero) Tbk
77.003 231.095
Dolar Amerika Serikat United States Dollar
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 191.087 184.252 (Persero)
PT Bank Mandiri (Persero) PT Bank Mandiri (Persero)
Tbk 16.664 30.497 Tbk
PT Pelabuhan Indonesia II PT Pelabuhan Indonesia II
(Persero) - 44.114 (Persero)
207.751 258.863
403.593 665.235
Total 16.100.789 15.923.357 Total
160
Page 1135
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.2. Obligasi (lanjutan) c.2. Bonds (continued)
Informasi mengenai tingkat suku bunga Information regarding interest rates and
dan tanggal jatuh tempo adalah sebagai maturity date as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
Tingkat Bunga December 31, 2025 December 31, 2024
___
Per Tahun (%)/
Annual Interest Jatuh tempo/ Peringkat/ Jatuh tempo/ Peringkat/
Rate (%) Maturity Date, Rating*) Maturity Date, Rating*)
Pihak ketiga Third parties
Rupiah Rupiah
PT Astra Sedaya PT Astra Sedaya
Finance 6,68 4 Nov/Nov 4, 2026- idA-AA*) 22 Mar/Mar 22, 2025- idAAA*) Finance
24 Okt/Oct 24, 2030 2 Okt/Oct 2, 2027
PT Adira Dinamika PT Adira Dinamika
Multifinance Tbk 6,58 9 Nov/Nov 9, 2026- idAAA*) 22 Mar/Mar 22, 2025- idAAA*) Multifinance Tbk
24 Okt/Oct 24, 2030 10 Okt/Oct 10, 2029
PT Tower Bersama PT Tower Bersama
Infrastructure Tbk 6,45 22 Feb/Feb 22, 2026- idAAA*) 22 Feb/ Feb 22, 2026- idAA+*) Infrastructure Tbk
21 Mar/Mar 21, 2030 21 Mar/Mar 21, 2030
PT Federal International PT Federal International
Finance 6,62 22 Feb/Feb 22, 2026- idAAA*) 24 Feb/Feb 24, 2026- idAAA*) Finance
8 Jul/Jul 8, 2028 6 Sep/Sep 6, 2027
PT Chandra Asri PT Chandra Asri
Petrochemical Tbk 7,73 27 Sep/Sep 27, 2026- idAAA*) 15 Apr/Apr 15, 2026- idAA-*) Petrochemical Tbk
27 Sep/Sep 27, 2030 27 Sep/Sep 27, 2030
PT Indah Kiat Pulp PT Indah Kiat Pulp
& Paper Tbk 9,65 11 Jul/Jul 11, 2026- idAAA*) 16 Des/Dec 16, 2025- idA - idA+-*) & Paper Tbk
30 Sep/Sep 30, 2030 11 Jul/Jul 11, 2028
PT Indomobil Finance PT Indomobil Finance
Indonesia Tbk 7,28 21 Jun/Jun 21, 2027- idAAA*) 21 Jun/Jun 21, 2027- idAA-*) Indonesia Tbk
21 Jun/Jun 21, 2029 21 Jun/Jun 21, 2029
PT Indosat Tbk 8,67 31 Mei/May 31, 2027- idAAA*) 26 Okt/Oct 26, 2025- idAA+ PT Indosat Tbk
23 Jul/Jul 23, 2029 3 Nov/Nov 3, 2032 -idAAA*)
PT Surya Artha PT Surya Artha
Nusantara Finance 7,00 16 Mar/Mar 16, 2026- idAAA*) 20 Jun/Jun 20, 2027- idAAA*) Nusantara Finance
20 Jun/Jun 20, 2027 26 Jun/Jun 26, 2029
PT Maybank PT Maybank
Indonesia Tbk 6,81 8 Jul/Jul 8, 2027- idAAA*) 30 Mar/Mar 30, 2025 idAAA*) Indonesia Tbk
11 Jul/Jul 11, 2027
Lainnya 5,21 8 Jul/Jul 8, 2026- idA*) 27 Jan/Jan 27, 2025- idA Others
23 Jun/Jun 23, 2045 idAAA*) 5 Jul/Jul 5, 2029 idAAA*)
Dolar Amerika Serikat United States Dollar
PT Freeport Indonesia 4,80 14 Apr/Apr 14, 2027- BBB***) 14 Apr/Apr 14, 2027- BBB***) PT Freeport Indonesia
14 Apr/Apr 14, 2032 14 Apr/Apr 14, 2032
PT Indofood Sukses PT Indofood Sukses
Makmur Tbk 3,40 9 Jun/Jun 9, 2031 BBB***) 9 Jun/Jun 9, 2031 BBB***) Makmur Tbk
CIMB Bank Berhad 2,13 20 Jul/Jul 20, 2027 A3**) 20 Jul/Jul 20, 2027 A3**) CIMB Bank Berhad
Toronto Dominion Toronto Dominion
Bank, N.A 2,80 10 Mar/Mar 10, 2027 A2**) 10 Mar/Mar 10, 2027 A2**) Bank, N.A
PT Tower Bersama PT Tower Bersama
Infrastruktur Tbk 2,80 2 Mei/May 2, 2027 idAA+*) 2 Mei/May 2, 2027 idAA+*) Infrastruktur Tbk
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia *) Based on the rating published by PT Pemeringkat Efek Indonesia (Pefindo)
(Pefindo) **) Based on the rating published by Moody’s
**) Berdasarkan peringkat yang diterbitkan oleh Moody’s ***) Based on the rating published by Fitch Ratings
***) Berdasarkan peringkat yang diterbitkan oleh Fitch Ratings
161
Page 1136
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.2. Obligasi (lanjutan) c.2. Bonds (continued)
Informasi mengenai tingkat suku bunga Information regarding interest rates and
dan tanggal jatuh tempo adalah sebagai maturity date as follows (continued):
berikut (lanjutan):
31 Desember 2025/ 31 Desember 2024/
Tingkat Bunga December 31, 2025 December 31, 2024
___
Per Tahun (%)/
Annual Interest Jatuh tempo/ Peringkat/ Jatuh tempo/ Peringkat/
Rate (%) Maturity Date, Rating*) Maturity Date, Rating*)
Pihak ketiga (lanjutan) Third parties (continued)
Dolar Amerika Serikat United States Dollar
(lanjutan) (continued)
Bank of America 2,52 19 Apr/Apr 19, 2026- A1**) 19 Apr/Apr 19, 2026- A1**) Bank of America
24 Okt/Oct 24, 2031 24 Okt/Oct 24, 2031
JP Morgan Chase JP Morgan Chase
Bank, N.A 3,74 13 Mar/Mar 13, 2026- A1**) 13 Mar/Mar 13, 2026- A1**) Bank, N.A
5 Des/Dec 5, 2029 5 Des/Dec 5, 2029
Verizon Communications 3,67 21 Sep/Sep 21, 2028- A-**) 21 Sep/Sep 21, 2028- A-**) Verizon Communications
15 Mar/Mar 15, 2032 15 Mar/Mar 15, 2032
Morgan Stanley 2,89 20 Jan/Jan 20, 2027- A+***) 20 Jan/Jan 20, 2027- A+***) Morgan Stanley
22 Jan/Jan 22, 2031 22 Jan/Jan 22, 2031
AT&T Inc 3,23 1 Mar/Mar 1, 2027- A1**) - - AT&T Inc
1 Jun/Jun 1, 2031
Lainnya 3,05 8 Jan/Jan 8, 2026- BBB-**) 15 Jan/Jan 15, 2025- BBB-**) Others
22 Mar/Mar 22, 2033 AAA**) 22 Mar/Mar 22, 2033 -AAA**)
Dolar Singapura Singaporean Dollar
Housing and Development Housing and Development
Board Singapore 2,64 24 Jan/Jan 24, 2028- AAA**) 17 Sep/Sep 17, 2025- AAA**) Board Singapore
13 Sep/Sep 13, 2029 13 Sep/Sep 13, 2029
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Sarana Multigriya PT Sarana Multigriya
Finansial (Persero) 6,67 8 Jul/Jul 8, 2026- idAAA*) 18 Feb/Feb 18, 2025- idAAA*) Finansial (Persero)
7 Agu/Aug 7, 2035 15 Okt/Oct 15, 2046
PT Sarana Multi PT Sarana Multi
Infrastruktur (Persero) 6,69 17 Mei/May 17, 2026- idAAA*) 5 Agu/Aug 5, 2025- idAAA*) Infrastruktur (Persero)
10 Mar/Mar 10, 2028 17 Mei/May 17, 2027
PT Bank Mandiri PT Bank Mandiri
(Persero) Tbk 6,84 4 Jul/Jul 4, 2026- idAAA*) 12 Mei/May 12, 2025- idAAA*) (Persero) Tbk
19 Des/Dec 19, 2030 4 Jul/Jul 4, 2028
PT Kereta Api Indonesia PT Kereta Api Indonesia
(Persero) 7,12 13 Des/Dec 13, 2026- idAAA*) 13 Des/Dec 13, 2026- idAAA*) (Persero)
27 Mar/Mar 27, 2030 19 Nov/Nov 19, 2029
PT Pupuk Indonesia PT Pupuk Indonesia
(Persero) 6,60 10 Mar/Mar 10, 2026- idAAA*) 3 Sep/Sep 3, 2025- idAAA*) (Persero)
10 Mar/Mar 10, 2028 10 Mar/Mar 10, 2028
PT Perusahaan Listrik PT Perusahaan Listrik
Negara (Persero) 7,57 1 Agu/Aug 1, 2026- idAAA*) 18 Feb/Feb 18, 2025- idAAA*) Negara (Persero)
18 Feb/Feb 18, 2035 18 Feb/Feb 18, 2035
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 6,74 21 Jun/Jun 21, 2027- idAAA*) 21 Jun/Jun 21, 2025- idAAA*) (Persero) Tbk
4 Jul/Jul 4, 2030 21 Jun/Jun 21, 2027
PT Mandiri Tunas PT Mandiri Tunas
Finance 6,70 27 Sep/Sep 27, 2026- idAAA*) 23 Feb/Feb 23, 2025- idAAA*) Finance
27 Sep/Sep 27, 2028 19 Nov/Nov 19, 2029
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia *) Based on the rating published by PT Pemeringkat Efek Indonesia (Pefindo)
(Pefindo)
**) Berdasarkan peringkat yang diterbitkan oleh Moody’s **) Based on the rating published by Moody’s
***) Berdasarkan peringkat yang diterbitkan oleh Fitch Ratings ***) Based on the rating published by Fitch Ratings
162
Page 1137
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.2. Obligasi (lanjutan) c.2. Bonds (continued)
Informasi mengenai tingkat suku bunga Information regarding interest rates and
dan tanggal jatuh tempo adalah sebagai maturity date as follows (continued):
berikut (lanjutan):
31 Desember 2025/ 31 Desember 2024/
Tingkat Bunga December 31, 2025 December 31, 2024
___
Per Tahun (%)/
Annual Interest Jatuh tempo/ Peringkat/ Jatuh tempo/ Peringkat/
Rate (%) Maturity Date, Rating*) Maturity Date, Rating*)
Pihak berelasi Related parties (Note 44)
(Catatan 44) (lanjutan) (continued)
Rupiah (lanjutan) Rupiah (continued)
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 8,90 13 Jul/Jul 13, 2027 idAAA*) 24 Mei/May 24, 2025- AA+***) (Persero) Tbk
13 Jul/Jul 13, 2027
PT Bank Syariah PT Bank Syariah
Indonesia Tbk 6,64 14 Jun/Jun 14, 2027- idAAA*) - - Indonesia Tbk
26 Jun/Jun 26, 2028
Lainnya 7,95 8 Feb /Feb 8, 2026- idAAA*) 14 Feb/Feb 14, 2025- AA*) Others
23 Jun/Jun 23, 2045 23 Jun/Jun 23, 2045 -AAA*)
Mata uang asing Foreign Currency
PT Indonesia Asahan PT Indonesia Asahan
Aluminium Aluminium
(Persero) Tbk 5,71 15 Nov/Nov 15, 2028- BBB-***) 15 Mei/May 15, 2025- BBB-***) (Persero) Tbk
15 Mei/May 15, 2030 15 Mei/May 15, 2030
PT Perusahaan Listrik PT Perusahaan Listrik
Negara (Persero) 4,22 15 Mei/May 15, 2027- BBB-***) 15 Mei/May 15, 2027- BBB***) Negara (Persero)
30 Jun/Jun 30, 2030 30 Jun/Jun 30, 2030
PT Pertamina (Persero) 4,16 9 Feb/Feb 9, 2026- BBB-***) 9 Feb/Feb 9, 2026- BBB***) PT Pertamina (Persero)
9 Feb/Feb 9, 2031 9 Feb/Feb 9, 2031
PT Bank Mandiri PT Bank Mandiri
(Persero) Tbk 3,85 19 Apr/Apr 19, 2026- BBB-***) 13 Mei/May 13, 2025- BBB***) (Persero) Tbk
24 Mar/Mar 24, 2028 19 Apr/Apr 19, 2026
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 5,28 5 Apr/Apr 5, 2029 BBB-***) 5 Apr/Apr 5, 2029 BBB-***) (Persero) Tbk
PT Sarana Multi PT Sarana Multi
Infrastruktur (Persero) 2,05 11 Mei/May 11, 2026 BBB-***) 11 Mei/May 11, 2026 BBB***) Infrastruktur (Persero)
PT Indonesia Infrastructure PT Indonesia Infrastructure
Finance 1,50 27 Jan/Jan 27, 2026 BBB-***) 27 Jan/Jan 27, 2026 BBB***) Finance
PT Hutama Karya PT Hutama Karya
(Persero) Tbk 3,75 11 Mei/May 11, 2030 BBB-***) 11 Mei/May 11, 2030 BBB-***) (Persero) Tbk
PT Pertamina Geothermal PT Pertamina Geothermal
Energy Tbk 5,15 27 Apr/Apr 27, 2028 BBB-***) - - Energy Tbk
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia *) Based on the rating published by PT Pemeringkat Efek Indonesia (Pefindo)
(Pefindo)
**) Berdasarkan peringkat yang diterbitkan oleh Moody’s **) Based on the rating published by Moody’s
***) Berdasarkan peringkat yang diterbitkan oleh Fitch Ratings ***) Based on the rating published by Fitch Ratings
163
Page 1138
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.3. Reksadana c.3. Mutual Fund
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar melalui laba rugi Fair value through profit or loss
Pihak ketiga Third parties
Rupiah Rupiah
PNM Dana Tunai 875.904 1.608.837 PNM Dana Tunai
BRI Seruni Pasar Uang II BRI Seruni Pasar Uang II
Kelas B 503.752 559.868 Kelas B
Trim Kas 2 Kelas A 436.402 481.761 Trim Kas 2 Kelas A
Syailendra Dana Kas 311.374 378.166 Syailendra Dana Kas
Trimegah Fixed Income Plan 220.218 - Trimegah Fixed Income Plan
Sucorinvest Syariah Sukuk 178.996 - Sucorinvest Syariah Sukuk
Syailendra Sharia Fixed Income Syailendra Sharia Fixed
Kelas A 173.538 - Income Kelas A
Danamas Stabil 140.797 - Danamas Stabil
Bahana Likuid Plus 134.909 350.600 Bahana Likuid Plus
BRI Ventura Investama Saham 115.408 158.767 BRI Ventura Investama Saham
Lainnya 864.708 4.100.042 Others
3.956.006 7.638.041
Dolar Amerika Serikat United States Dollar
BRI Seruni Likuid Dolar 50.793 - BRI Seruni Likuid Dolar
Schroder USD Bond Fund 10.565 9.567 Schroder USD Bond Fund
61.358 9.567
4.017.364 7.647.608
Nilai Wajar melalui Penghasilan Fair value through other
Komprehensif Lain comprehensive income
Pihak ketiga Third parties
Rupiah Rupiah
Syailendra Capital Protected Syailendra Capital Protected
Fund 45 1.014.974 1.012.153 Fund 45
Manulife Proteksi Manulife Proteksi
Dana Utama III 765.773 762.248 Dana Utama III
Manulife Proteksi Manulife Proteksi
Dana Utama II 764.370 763.282 Dana Utama II
BNI-AM Proteksi Asoka 764.216 761.431 BNI-AM Proteksi Asoka
Danareksa Proteksi 85 760.765 758.844 Danareksa Proteksi 85
Manulife Proteksi Manulife Proteksi
Dana Utama V 759.893 759.360 Dana Utama V
RDT Mandiri Investa 16 632.215 - RDT Mandiri Investa 16
RDT Recapital Proteksi Cluster I 631.494 - RDT Recapital Proteksi Cluster I
RDT Mandiri Investa 12 614.318 - RDT Mandiri Investa 12
RDT BRIMI Proteksi 107 614.305 - RDT BRIMI Proteksi 107
Lainnya 10.903.308 9.438.517 Others
18.225.631 14.255.835
Dolar Amerika Serikat United States Dollar
Manulife USD Proteksi Brilian 847.674 816.821 Manulife USD Proteksi Brilian
847.674 816.821
19.073.305 15.072.656
Total 23.090.669 22.720.264 Total
164
Page 1139
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
c) Berdasarkan Jenis dan Penerbit (lanjutan): c) By Type and Issuer (continued):
c.4. Negotiable Certificate of Deposit (NCD) c.4. Negotiable Certificate of Deposit (NCD)
Nilai wajar/ Nilai tercatat
Fair value/ Carrying value
Tingkat
Bunga per 31 Desember 31 Desember
Tahun (%)/ Tanggal 2025/ 2024/
Nilai Nominal/ Annual Interest Jatuh Tempo/ December 31, December 31,
Nominal Value Rate (%) Maturity Date 2025 2024
Nilai wajar melalui Fair value through
penghasilan other compehensive
komprehensif lain income
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank DBS Indonesia PT Bank DBS Indonesia
Seri B 100.000 6,85 27 Mei/May 27, 2027 91.930 - Series B
Seri A 10.000 6,75 27 Nov/Nov 27, 2026 9.067 - Series A
100.997 - Total
Mata Uang Asing Foreign Currency
Central Bank Of Central Bank Of
China China
113123100711N 100 0,83 7 Jan/Jan 7, 2026 53.099 63.820 113123100711N
53.099 63.820
Total 154.096 63.820 Total
c.5. Medium-Term Note (MTN) c.5. Medium-Term Note (MTN)
Nilai wajar/ Nilai tercatat
Fair value/ Carrying value
Tingkat
Bunga per 31 Desember 31 Desember
Tahun (%)/ Tanggal 2025/ 2024/
Nilai Nominal/ Annual Interest Jatuh Tempo/ December 31, December 31,
Nominal Value Rate (%) Maturity Date 2025 2024
Nilai wajar melalui Fair value through
penghasilan other compehensive
komprehensif lain income
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Bahana Pembinaan PT Bahana Pembinaan
Usaha Indonesia Usaha Indonesia
(Persero) MTN I (Persero) MTN I
Tahun 2022*) 200.000 9,00 2 Nov/Nov 2, 2027 - 150.892 Year 2022*)
Perum Perumnas Perum Perumnas
Tahap III Tahun Phase III Year
2018 Seri B*) 65.000 11,85 10 Des/Dec 10, 2026 59.997 60.135 2018 Series B*)
59.997 211.027
Biaya perolehan
diamortisasi Amortized cost
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Perkebunan PT Perkebunan
Nusantara II (Persero) Nusantara II (Persero)
VIII Seri A*) 10.000 10,75 26 Jun/Jun 26, 2027 9.250 9.250 VIII Series A*)
VIII Seri B*) 1.000 10,75 31 Okt/Oct 31, 2027 925 925 VIII Series B*)
10.175 10.175
Total 70.172 221.202 Total
*) Bunga diterima setiap 3 (tiga) bulan sekali *) Interest received every 3 (three) months
165
Page 1140
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
d) BRI mengakui keuntungan dan (kerugian) yang d) BRI recognized net unrealized gain and (loss)
belum direalisasi-neto dari perubahan nilai resulting from the changes in fair values of
wajar efek-efek yang diklasifikasikan dalam securities classified as “fair value through profit
“nilai wajar melalui laba rugi” sebesar or loss” amounting to Rp160,659 and
Rp160.659 dan (Rp202.928) masing-masing (Rp202,928) for the years ended December 31,
untuk tahun yang Berakhir pada tanggal- 2025 and 2024, respectively which are
tanggal 31 Desember 2025 dan 2024, yang presented in the “unrealized gain or loss on
dilaporkan dalam akun “keuntungan atau changes in fair value of securities” in the
kerugian yang belum direalisasi dari perubahan consolidated statement of profit or loss and other
nilai wajar efek-efek” di laporan laba rugi dan comprehensive income.
penghasilan komprehensif lain konsolidasian.
e) BRI mengakui keuntungan neto atas penjualan e) BRI recognized net gain on sale of securities
efek-efek sebesar Rp3.372.396 dan amounting to Rp3,372,396 and Rp2,209,474 for
Rp2.209.474 masing-masing untuk tahun yang year ended December 31, 2025 and 2024,
Berakhir pada tanggal-tanggal 31 Desember respectively which are presented in the “gain on
2025 dan 2024, yang dilaporkan dalam akun sale of securities - net” in the consolidated
“keuntungan dari penjualan efek-efek - neto” di statement of profit or loss and other
laporan laba rugi dan penghasilan comprehensive income.
komprehensif lain konsolidasian.
f) Efek-efek sejumlah nominal Rp28.668.850 dan f) Securities with nominal Rp28,668,850 and
Rp26.373.000 masing-masing pada tanggal- Rp26,373,000 as of December 31, 2025 and
tanggal 31 Desember 2025 dan 2024, telah 2024, respectively were sold under agreement to
dijual dengan janji dibeli kembali (Catatan 23). repurchase (Note 23).
g) Tabel berikut menyajikan perubahan nilai g) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada nilai Securities measured at fair
wajar melalui penghasilan value through other
komprehensif lain comprehensive income
Carrying value beginning
Nilai tercatat awal 167.876.286 - - 167.876.286 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (925.358) - - (925.358) carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 61.897.463 - - 61.897.463 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (63.519.601) - - (63.519.601) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 724.043 - - 724.043 and other changes
Carrying value ending
Nilai tercatat akhir 166.052.833 - - 166.052.833 balance
166
Page 1141
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
g) Tabel berikut menyajikan perubahan nilai g) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2025/December 31, 2025
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada biaya Securities measured at
perolehan diamortisasi amortized cost
Carrying value beginning
Nilai tercatat awal 135.240.662 - - 135.240.662 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 771.967 - - 771.967 carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 60.373.303 - - 60.373.303 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (15.357.328) - - (15.357.328) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 687.662 - - 687.662 and other changes
Carrying value ending
Nilai tercatat akhir 181.716.266 - - 181.716.266 balance
31 Desember 2024/December 31, 2024
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada nilai Securities measured at fair
wajar melalui penghasilan value through other
komprehensif lain comprehensive income
Carrying value beginning
Nilai tercatat awal 163.339.165 - - 163.339.165 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (53.193.465) - - (53.193.465) carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 78.665.862 - - 78.665.862 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (21.882.846) - - (21.882.846) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 947.570 - - 947.570 and other changes
Carrying value ending
Nilai tercatat akhir 167.876.286 - - 167.876.286 balance
167
Page 1142
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
g) Tabel berikut menyajikan perubahan nilai g) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2024/December 31, 2024
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada biaya Securities measured at
perolehan diamortisasi amortized cost
Carrying value beginning
Nilai tercatat awal 145.358.968 - - 145.358.968 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (23.347.197) - - (23.347.197) carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 24.300.588 - - 24.300.588 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (10.235.151) - - (10.235.151) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (836.546) - - (836.546) and other changes
Carrying value ending
Nilai tercatat akhir 135.240.662 - - 135.240.662 balance
31 Desember 2025/December 31, 2025
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada nilai Securities measured at fair
wajar melalui penghasilan value through other
komprehensif lain comprehensive income
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 43.884 - - 43.884 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (25.563) - - (25.563) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 38.856 - - 38.856 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (11.842) - - (11.842) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 17.305 - - 17.305 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir*) 62.640 - - 62.640 credit loss ending balance*)
*) Cadangan kerugian penurunan nilai atas efek-efek yang diukur pada nilai wajar *) Allowance for expected credit losses on securities measured at fair value through
melalui penghasilan komprehensif lain dicatat pada penghasilan komprehensif other comprehensive income is recorded in other comprehensive income
lain sehingga nilai tercatatnya disajikan sebesar nilai wajarnya. therefore the carrying value is stated at fair value.
168
Page 1143
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
g) Tabel berikut menyajikan perubahan nilai g) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2025/December 31, 2025
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada biaya Securities measured at
perolehan diamortisasi amortized cost
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 58.823 - - 58.823 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian 22.238 - - 22.238 allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 27.104 - - 27.104 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (2.889) - - (2.889) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (15.757) - - (15.757) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 89.519 - - 89.519 credit loss ending balance
31 Desember 2024/December 31, 2024
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada nilai Securities measured at fair
wajar melalui penghasilan value through other
komprehensif lain comprehensive income
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 128.230 - - 128.230 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (45.267) - - (45.267) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 12.675 - - 12.675 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (33.308) - - (33.308) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (18.446) - - (18.446) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir*) 43.884 - - 43.884 credit loss ending balance*)
*) Cadangan kerugian penurunan nilai atas efek-efek yang diukur pada nilai wajar *) Allowance for expected credit losses on securities measured at fair value through
melalui penghasilan komprehensif lain dicatat pada penghasilan komprehensif other comprehensive income is recorded in other comprehensive income
lain sehingga nilai tercatatnya disajikan sebesar nilai wajarnya. therefore the carrying value is stated at fair value.
169
Page 1144
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
g) Tabel berikut menyajikan perubahan nilai g) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2024/December 31, 2024
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Efek-efek yang diukur pada biaya Securities measured at
perolehan diamortisasi amortized cost
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 81.510 - - 81.510 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (17.318) - - (17.318) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 7.087 - - 7.087 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (10.184) - - (10.184) assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (2.272) - - (2.272) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 58.823 - - 58.823 credit loss ending balance
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai pada tanggal impairment losses as of December 31, 2025 and
31 Desember 2025 dan 2024 telah memadai. 2024 are adequate.
8. WESEL EKSPOR DAN TAGIHAN LAINNYA 8. EXPORT BILLS AND OTHER RECEIVABLES
a) Berdasarkan Jenis dan Mata Uang: a) By Type and Currency:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah Rupiah
Wesel Tagih 10.851.516 8.051.372 Notes Receivables
Surat Kredit Berdokumen Domestic Documentary
Dalam Negeri (SKBDN) 6.935.145 5.045.903 Letter of Credit (SKBDN)
Wesel Ekspor 1.827.094 2.660.935 Export Bills
Tagihan Lainnya 1.387.705 601.631 Other Bills
21.001.460 16.359.841
170
Page 1145
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
8. WESEL EKSPOR DAN TAGIHAN LAINNYA 8. EXPORT BILLS AND OTHER RECEIVABLES
(lanjutan) (continued)
a) Berdasarkan Jenis dan Mata Uang (lanjutan): a) By Type and Currency (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing Foreign currency
Surat Kredit Berdokumen Domestic Documentary
Dalam Negeri (SKBDN) Letter of Credit (SKBDN)
Dolar Amerika Serikat 134.100 2.236 345.964 5.568 United States Dollar
Wesel Ekspor Export Bills
Dolar Amerika Serikat 506.893.594 8.452.675 503.415.272 8.102.469 United States Dollar
Renminbi 352.617.114 840.992 268.865.176 592.845 Renminbi
Euro Eropa 94.458 1.849 - European Euro
9.297.752 8.700.882
Wesel Tagih Notes Receivables
Dolar Amerika Serikat 538.372.062 8.977.354 682.485.573 10.984.605 United States Dollar
Euro Eropa 15.693.332 307.141 515.465 8.638 European Euro
Dolar Kanada 4.407.868 53.633 - Canadian Dollar
Renminbi 4.460.556 10.638 16.298.725 35.939 Renminbi
Dolar Singapura 770.978 9.996 267.763 3.172 Singaporean Dollar
Pound Sterling Inggris 66.430 1.490 - Great Britain Pound Sterling
Yen Jepang 10.645.976 1.134 8.845.896 911 Japanese Yen
9.361.386 11.033.265
Tagihan Lainnya Other Bills
Dolar Amerika Serikat 49.037.358 816.964 36.124.548 581.425 United States Dollar
Renminbi 76.439.107 182.307 43.508.257 95.935 Renminbi
Euro Eropa 203.800 3.988 996.139 16.693 European Euro
Yen Jepang 3.400.000 362 50.449.826 5.198 Japanese Yen
Pound Sterling Inggris - 27.500 556 Great Britain Pound Sterling
1.003.621 699.807
19.662.759 20.433.954
40.664.219 36.793.795
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Wesel Tagih 3.253.423 2.101.883 Notes Receivables
Surat Kredit Berdokumen Domestic Documentary
Dalam Negeri (SKBDN) 821.830 1.033.077 Letter of Credit (SKBDN)
Wesel Ekspor 19.953 38.196 Export Bills
Tagihan Lainnya 106.733 45.142 Other Bills
4.201.939 3.218.298
Mata uang asing Foreign currency
Wesel Tagih Notes Receivables
Dolar Amerika Serikat 150.491.746 2.508.249 13.629.896 219.373 United States Dollar
Wesel Ekspor Export Bills
Dolar Amerika Serikat 22.182.729 369.897 54.272 874 United States Dollar
2.878.146 220.247
171
Page 1146
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
8. WESEL EKSPOR DAN TAGIHAN LAINNYA 8. EXPORT BILLS AND OTHER RECEIVABLES
(lanjutan) (continued)
a) Berdasarkan Jenis dan Mata Uang (lanjutan): a) By Type and Currency (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
(lanjutan) (continued)
Mata uang asing (lanjutan) Foreign currency (continued)
Tagihan Lainnya Other Bills
Dolar Amerika Serikat 30.407.499 507.779 24.597.623 395.899 United States Dollar
Yen Jepang - 252.855.428 26.052 Japanese Yen
Euro Eropa - 151.045 2.531 European Euro
507.779 424.482
3.385.925 644.729
7.587.864 3.863.027
Total 48.252.083 40.656.822 Total
Cadangan kerugian Allowance for impairment
penurunan nilai (465.498) (1.075.559) losses
Neto 47.786.585 39.581.263 Net
b) Berdasarkan Jangka Waktu: b) By Period:
Klasifikasi jangka waktu wesel ekspor dan The classification of export bills and other
tagihan lainnya berdasarkan sisa umur sampai receivables based on their remaining period to
dengan saat jatuh tempo adalah sebagai maturity are as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
≤ 1 bulan 12.530.550 8.678.038 ≤ 1 month
> 1 bulan - 3 bulan 18.413.000 14.272.657 > 1 month - 3 months
> 3 bulan - 1 tahun 9.720.669 13.843.100 > 3 months - 1 year
40.664.219 36.793.795
Pihak berelasi (Catatan 44) Related parties (Note 44)
≤ 1 bulan 2.576.272 1.708.996 ≤ 1 month
> 1 bulan - 3 bulan 3.347.190 1.474.739 > 1 month - 3 months
> 3 bulan - 1 tahun 1.664.402 679.292 > 3 months - 1 year
7.587.864 3.863.027
Total 48.252.083 40.656.822 Total
Cadangan kerugian Allowance for impairment
penurunan nilai (465.498) (1.075.559) losses
Neto 47.786.585 39.581.263 Net
172
Page 1147
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
8. WESEL EKSPOR DAN TAGIHAN LAINNYA 8. EXPORT BILLS AND OTHER RECEIVABLES
(lanjutan) (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Export Bills and Other
Wesel Ekspor dan Tagihan Lainnya Receivables
Carrying value beginning
Nilai tercatat awal 40.613.972 39.783 3.067 40.656.822 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 36.480.957 1.805 - 36.482.762 or purchased
Aset keuangan yang dihentikan
pengakuannya (29.219.379) (39.866) (3.067) (29.262.312) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 374.728 83 - 374.811 and other changes
Carrying value ending
Nilai tercatat akhir 48.250.278 1.805 - 48.252.083 balance
31 Desember 2024/December 31, 2024
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Export Bills and Other
Wesel Ekspor dan Tagihan Lainnya Receivables
Carrying value beginning
Nilai tercatat awal 52.617.395 1.512.702 - 54.130.097 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 40.613.736 39.783 3.067 40.656.586 or purchased
Aset keuangan yang dihentikan
pengakuannya (52.637.500) (1.512.640) - (54.150.140) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 20.341 (62) - 20.279 and other changes
Carrying value ending
Nilai tercatat akhir 40.613.972 39.783 3.067 40.656.822 balance
173
Page 1148
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
8. WESEL EKSPOR DAN TAGIHAN LAINNYA 8. EXPORT BILLS AND OTHER RECEIVABLES
(lanjutan) (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2025/December 31, 2025
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Export Bills and Other
Wesel Ekspor dan Tagihan Lainnya Receivables
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 1.043.130 29.362 3.067 1.075.559 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian - - - - allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 471.888 1.805 - 473.693 or purchased
Aset keuangan yang dihentikan
pengakuannya (1.049.728) (29.362) (3.067) (1.082.157) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (1.597) - - (1.597) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 463.693 1.805 - 465.498 credit loss ending balance
31 Desember 2024/December 31, 2024
Stage 2
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Export Bills and Other
Wesel Ekspor dan Tagihan Lainnya Receivables
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 1.067.552 1.256.364 - 2.323.916 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian - - - - allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 1.043.129 29.362 3.067 1.075.558 or purchased
Aset keuangan yang dihentikan
pengakuannya (1.069.999) (1.256.366) - (2.326.365) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 2.448 2 - 2.450 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 1.043.130 29.362 3.067 1.075.559 credit loss ending balance
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai wesel ekspor dan tagihan impairment losses on export bills and other
lainnya pada tanggal 31 Desember 2025 dan receivables as of December 31, 2025 and
2024 telah memadai. 2024 are adequate.
174
Page 1149
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. EFEK-EFEK YANG DIBELI DENGAN JANJI 9. SECURITIES PURCHASED UNDER AGREEMENT
DIJUAL KEMBALI TO RESELL
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under agreement to resell as of
pada tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 consist of:
2024 terdiri dari:
31 Desember 2025/December 31, 2025
Tingkat Suku Tanggal Beli/ Tanggal Nilai Beli/
Bunga (%)/ Date of Jual Kembali/ Purchase Nilai Tercatat/
Interest Rate (%) Purchase Date of Resale Amount Carrying Value
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank UOB PT Bank UOB
Indonesia Tbk Indonesia Tbk
Obligasi Pemerintah Government Bonds
FR0064 4,75 18 Des/Dec 18, 2025 2 Jan/Jan 2, 2026 4.876 4.885 FR0064
FR0064 4,75 19 Des/Dec 19, 2025 2 Jan/Jan 2, 2026 4.884 4.892 FR0064
FR0064 4,77 22 Des/Dec 22, 2025 5 Jan/Jan 5, 2026 4.888 4.894 FR0064
FR0064 4,81 24 Des/Dec 24, 2025 7 Jan/Jan 7, 2026 4.890 4.895 FR0064
FR0064 4,80 30 Des/Dec 30, 2025 13 Jan/Jan 13, 2026 4.885 4.886 FR0064
Total 24.423 24.452 Total
31 Desember 2024/December 31, 2024
Tingkat Suku Tanggal Beli/ Tanggal Nilai Beli/
Bunga (%)/ Date of Jual Kembali/ Purchase Nilai Tercatat/
Interest Rate (%) Purchase Date of Resale Amount Carrying Value
Pihak ketiga Third parties
Rupiah Rupiah
Bank Indonesia Bank Indonesia
Obligasi Pemerintah Government Bonds
VR0034 6,00% 13 Des/Dec 13, 2024 7 Jan/Jan 7, 2025 197.776 197.809 VR0034
Deutsche Bank AG Deutsche Bank AG
Obligasi Pemerintah Government Bonds
FR0081 6,45% 24 Des/Dec 24, 2024 7 Jan/Jan 7, 2025 4.900 4.907 FR0081
PT Bank Central Asia Tbk PT Bank Central Asia Tbk
Obligasi Pemerintah Government Bonds
FR0056 6,45% 19 Des/ Dec 19, 2024 2 Jan/ Jan 2, 2025 298.173 298.867 FR0056
FR0056 6,45% 23 Des/ Dec 23, 2024 6 Jan/ Jan 6, 2025 99.445 99.606 FR0056
PT BPD Sulawesi PT BPD Sulawesi
Selatan dan Barat Selatan dan Barat
Obligasi Pemerintah Government Bonds
IDSR080925367S 6,65% 17 Des/Dec 17, 2024 16 Jan/ Jan 16, 2025 94.999 95.263 IDSR080925367S
PT Bank Mayapada PT Bank Mayapada
Internasional Tbk Internasional Tbk
Obligasi Pemerintah Government Bonds
FR0081 6,55% 11 Des/Dec 11, 2024 8 Jan/Jan 8, 2025 202.082 202.854 FR0081
FR0084 6,55% 19 Des/Dec 19, 2024 16 Jan/Jan 16, 2025 98.030 98.262 FR0084
FR0086 6,55% 19 Des/Dec 19, 2024 16 Jan/Jan 16, 2025 94.102 94.325 FR0086
PT. Bank Sinarmas Tbk PT. Bank Sinarmas Tbk.
Obligasi Pemerintah Government Bonds
FR0087 6,55% 12 Des/ Dec 12, 2024 9 Jan/ Jan 9, 2025 460.945 462.622 FR0087
FR0087 6,55% 10 Des/ Dec 10, 2024 7 Jan/ Jan 7, 2025 184.227 184.965 FR0087
PT Bank CTBC Indonesia PT Bank CTBC Indonesia
Obligasi Pemerintah Government Bonds
FR0056 6,65% 2 Des/Dec 2, 2024 2 Jan/Jan 2, 2025 99.803 100.356 FR0056
PT Bank OCBC NISP Tbk PT Bank OCBC NISP Tbk
Obligasi Pemerintah Government Bonds
IDSR300525364S 6,15% 31 Des/Dec 31, 2024 2 Jan/Jan 2, 2025 1.939.858 1.940.191 IDSR300525364S
FR0064 6,15% 31 Des/Dec 31, 2024 2 Jan/Jan 2, 2025 1.864.553 1.864.872 FR0064
FR0082 6,15% 31 Des/Dec 31, 2024 2 Jan/Jan 2, 2025 944.937 945.098 FR0082
175
Page 1150
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. EFEK-EFEK YANG DIBELI DENGAN JANJI 9. SECURITIES PURCHASED UNDER AGREEMENT
DIJUAL KEMBALI (lanjutan) TO RESELL (continued)
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under agreement to resell as of
pada tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 consist of (continued):
2024 terdiri dari (lanjutan):
31 Desember 2024/December 31, 2024
Tingkat Suku Tanggal Beli/ Tanggal Nilai Beli/
Bunga (%)/ Date of Jual Kembali/ Purchase Nilai Tercatat/
Interest Rate (%) Purchase Date of Resale Amount Carrying Value
Pihak ketiga (lanjutan) Third parties (continued)
Rupiah (lanjutan) Rupiah (continued)
PT Bank Danamon PT Bank Danamon
Obligasi Pemerintah Government Bonds
IDSR170125364S 6,15% 31 Des/Dec 31, 2024 2 Jan/Jan 2, 2025 996.778 996.948 IDSR170125364S
PT Bank Capital PT Bank Capital
Indonesia Tbk Indonesia Tbk
Obligasi Pemerintah Government Bonds
IDSR070225182S 6,55% 9 Des/Dec 9, 2024 6 Jan/Jan 6, 2025 296.514 297.755 IDSR070225182S
FR0087 6,55% 4 Des/Dec 4, 2024 2 Jan/Jan 2, 2025 74.040 74.417 FR0087
IDSR040425182S 6,65% 24 Des/Dec 24, 2024 24 Jan/Jan 24, 2025 49.079 49.152 IDSR040425182S
PT Bank DBS Indonesia PT Bank DBS Indonesia
Obligasi Pemerintah Government Bonds
IDSR200625364S 6,50% 5 Des/Dec 5, 2024 14 Jan/Jan 14, 2025 1.541.333 1.545.450 IDSR200625364S
IDSR130625364S 6,45% 30 Des/Dec 30, 2024 13 Jan/Jan 13, 2025 483.716 483.889 IDSR130625364S
IDSR260925364S 6,55% 9 Des/Dec 9, 2024 6 Jan/Jan 6, 2025 473.913 475.896 IDSR260925364S
IDSR250725364S 6,55% 11 Des/Dec 11, 2024 8 Jan/Jan 8, 2025 286.982 288.078 IDSR250725364S
IDSR031025364S 6,65% 9 Des/Dec 9, 2024 9 Jan/Jan 9, 2025 283.965 285.171 IDSR031025364S
IDSR071125364S 6,55% 10 Des/Dec 10, 2024 7 Jan/Jan 7, 2025 187.813 188.564 IDSR071125364S
IDSR170125364S 6,65% 3 Des/Dec 3, 2024 3 Jan/Jan 3, 2025 99.152 99.683 IDSR170125364S
IDSR110625364S 6,65% 16 Des/Dec 16, 2024 16 Jan/Jan 16, 2025 96.520 96.805 IDSR110625364S
IDSR040425364S 6,65% 13 Des/Dec 13, 2024 13 Jan/Jan 13, 2025 48.946 49.118 IDSR040425364S
IDSR040425273S 6,65% 10 Des/Dec 10, 2024 10 Jan/Jan 10, 2025 48.841 49.039 IDSR040425273S
IDSR190925364S 6,65% 11 Des/Dec 11, 2024 13 Jan/Jan 13, 2025 47.455 47.639 IDSR190925364S
PT Bank Victoria PT Bank Victoria
International Tbk International Tbk
Obligasi Pemerintah Government Bonds
FR0081 6,55% 9 Des/ Dec 9, 2024 6 Jan/ Jan 6, 2025 202.049 202.894 FR0081
FR0059 6,55% 4 Des/ Dec 4, 2024 2 Jan/ Jan 2, 2025 191.839 192.816 FR0059
FR0059 6,55% 10 Des/ Dec 10, 2024 7 Jan/ Jan 7, 2025 95.718 96.101 FR0059
PT Bank UOB Indonesia PT Bank UOB Indonesia
Obligasi Pemerintah Government Bonds
FR0040 6,45% 18 Des/ Dec 18, 2024 2 Jan/ Jan 2, 2025 5.194 5.207 FR0040
FR0040 6,45% 19 Des/ Dec 19, 2024 2 Jan/ Jan 2, 2025 5.193 5.205 FR0040
FR0040 6,45% 20 Des/ Dec 20, 2024 3 Jan/ Jan 3, 2025 5.193 5.204 FR0040
FR0040 6,45% 31 Des/ Dec 31, 2024 14 Jan/ Jan 14, 2025 5.203 5.204 FR0040
FR0040 6,45% 23 Des/ Dec 23, 2024 6 Jan/ Jan 6, 2025 5.195 5.204 FR0040
FR0040 6,45% 30 Des/ Dec 30, 2024 13 Jan/ Jan 13, 2025 5.202 5.203 FR0040
FR0040 6,45% 27 Des/ Dec 27, 2024 10 Jan/ Jan 10, 2025 5.198 5.203 FR0040
FR0040 6,45% 24 Des/ Dec 24, 2024 7 Jan/ Jan 7, 2025 5.195 5.202 FR0040
PT Bank Permata Tbk PT Bank Permata Tbk
Obligasi Pemerintah Government Bonds
FR0101 6,20% 31 Des/Dec 31, 2024 3 Jan/Jan 3, 2025 480.011 480.094 FR0101
PT Bank Mega Tbk PT Bank Mega Tbk
Obligasi Pemerintah Government Bonds
FR0085 N 6,15% 31 Des/Dec 31, 2024 2 Jan/Jan 2, 2025 977.790 977.957 FR0085 N
PT BPD Jawa Barat dan PT BPD Jawa Barat dan
Banten Tbk Banten Tbk
Obligasi Pemerintah Government Bonds
FR0087 6,45% 24 Des/Dec 24, 2024 7 Jan/Jan 7, 2025 9.210 9.223 FR0087
PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk
Obligasi Pemerintah Government Bonds
IDSR250425364S 6,55% 30 Des/Dec 30, 2024 30 Jan/Jan 30, 2025 488.448 488.626 IDSR250425364S
IDSR110625364S 6,45% 27 Des/Dec 27, 2024 10 Jan/Jan 10, 2025 483.645 484.078 IDSR110625364S
IDSR200625364S 6,55% 23 Des/Dec 23, 2024 20 Jan/Jan 20, 2025 482.215 483.005 IDSR200625364S
176
Page 1151
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. EFEK-EFEK YANG DIBELI DENGAN JANJI 9. SECURITIES PURCHASED UNDER AGREEMENT
DIJUAL KEMBALI (lanjutan) TO RESELL (continued)
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under agreement to resell as of
pada tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 consist of (continued):
2024 terdiri dari (lanjutan):
31 Desember 2024/December 31, 2024
Tingkat Suku Tanggal Beli/ Tanggal Nilai Beli/
Bunga (%)/ Date of Jual Kembali/ Purchase Nilai Tercatat/
Interest Rate (%) Purchase Date of Resale Amount Carrying Value
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing Foreign currency
Standard Chartered Standard Chartered
Bank, Jakarta Bank, Jakarta
Obligasi Pemerintah Government Bonds
FR0059 5,15% 13 Des/Dec 13, 2024 13 Feb/Feb 13, 2025 806.429 808.621 FR0059
15.857.804 15.882.648
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Bank Tabungan Negara PT Bank Tabungan
(Persero) Tbk Negara (Persero) Tbk
Obligasi Pemerintah Government Bonds
IDSR110625364S 6,15% 31 Des/ Dec 31, 2024 2 Jan/Jan 2, 2025 484.027 484.109 IDSR110625364S
IDSR080825364S 6,15% 31 Des/ Dec 31, 2024 2 Jan/Jan 2, 2025 478.851 478.933 IDSR080825364S
962.878 963.042
Total 16.820.682 16.845.690 Total
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai tidak diperlukan pada impairment losses is not necessary as of December
tanggal-tanggal 31 Desember 2025 dan 31, 2025 and 2024, because management believes
2024, karena manajemen berkeyakinan bahwa that marketable securities purchased under
efek-efek yang dibeli dengan janji dijual kembali agreement to resell are collectible.
dapat ditagih.
10. TAGIHAN DAN LIABILITAS DERIVATIF 10. DERIVATIVE RECEIVABLES AND PAYABLES
Ikhtisar transaksi derivatif adalah sebagai berikut: The summary of the derivatives transactions are as
follows:
31 Desember 2025/December 31, 2025
Tagihan derivatif/ Liabilitas derivatif/
Derivative Derivative
Transaksi receivables payables Transaction
Swap mata uang asing 651.230 383.297 Foreign currency swap
Pembelian dan penjualan forward Purchase and sale of foreign
mata uang asing 237.629 438.327 currency forward
Swap suku bunga 121.203 117.790 Interest rate swap
Swap mata uang dan suku bunga 128.213 140.679 Foreign currency and interest rate swap
Pembelian dan penjualan spot Purchase and sale of foreign
mata uang asing 16.426 11.862 currency spot
Option mata uang 12.328 9.798 Currency option
Total 1.167.029 1.101.753 Total
177
Page 1152
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
Ikhtisar transaksi derivatif adalah sebagai berikut The summary of the derivatives transactions are as
(lanjutan): follows (continued):
31 Desember 2024/December 31, 2024
Tagihan derivatif/ Liabilitas derivatif/
Derivative Derivative
Transaksi receivables payables Transaction
Swap mata uang asing 409.454 656.917 Foreign currency swap
Pembelian dan penjualan forward Purchase and sale of foreign
mata uang asing 408.102 589.736 currency forward
Swap suku bunga 244.837 247.276 Interest rate swap
Swap mata uang dan suku bunga 15.029 80.968 Foreign currency and interest rate swap
Pembelian dan penjualan spot Purchase and sale of foreign
mata uang asing 9.626 10.223 currency spot
Total 1.087.048 1.585.120 Total
Nilai Nosional (mata uang asing
nilai penuh, Rupiah dalam jutaan)/
Notional amounts (foreign currency
full amount, in millions of Rupiah)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Swap mata uang dan suku bunga Foreign currency and interest rate swap
Rupiah 3.401.710 1.769.657 Rupiah
Dolar Amerika Serikat 177.975.340 29.805.814 United States Dollar
Swap suku bunga Interest rate swap
Dolar Amerika Serikat 773.845.772 757.044.325 United States Dollar
Option mata uang Currency option
Kontrak penjualan Sales contract
Dolar Amerika Serikat 142.361.224 103.242.720 United States Dollar
Kontrak pembelian Purchase contract
Dolar Amerika Serikat 10.000.000 - United States Dollar
Euro Eropa 10.000.000 - European Euro
Spot mata uang asing Foreign currency spot
Kontrak pembelian Purchase contract
Dolar Amerika Serikat 158.002.393 171.173.000 United States Dollar
Euro Eropa 1.200.000 - European Euro
Kontrak penjualan Sales contract
Dolar Amerika Serikat 279.518.230 152.000.000 United States Dollar
Euro Eropa 659.369 - European Euro
Dolar Singapura 420.337 - Singaporean Dollar
Forward mata uang asing Foreign currency forward
Kontrak pembelian Purchase contract
Yen Jepang 751.851,435 1.054.088.247 Japanese Yen
Dolar Amerika Serikat 648.523.869 1.241.732.627 United States Dollar
Euro Eropa 48.000.000 20.460.608 European Euro
Renminbi 15.600.000 7.342.495 Renminbi
Dolar Australia 5.000.000 - Australian Dollar
Pound Sterling Inggris 10.000.0000 - Great Britain Pound Sterling
178
Page 1153
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
Ikhtisar transaksi derivatif adalah sebagai berikut The summary of the derivatives transactions are as
(lanjutan): follows (continued):
Nilai nosional (mata uang asing
nilai penuh, Rupiah dalam jutaan)/
Notional amounts (foreign currency
full amount, in millions of Rupiah)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Forward mata uang asing Foreign currency forward
Kontrak penjualan Sales contract
Dolar Amerika Serikat 4.563.690.136 2.778.990.927 United States Dollar
Yen Jepang - 1.500.000.000 Japanese Yen
Euro Eropa 55.900.000 30.000.000 European Euro
Dolar Australia - 9.774.858 Australian Dollar
Dolar Singapura 15.000.000 70.000.000 Singaporean Dollar
Renminbi 3.570.000 - Renminbi
Pound Sterling Inggris 3.000.000 25.000.000 Great Britain Pound Sterling
Swap mata uang asing Foreign currency swap
Kontrak pembelian Purchase contract
Dolar Amerika Serikat 2.132.512.100 2.115.691.546 United States Dollar
Euro Eropa 162.000.000 50.000.000 European Euro
Renminbi 3.570.000 - Renminbi
Kontrak penjualan Sales contract
Dolar Amerika Serikat 3.627.071.633 2.712.004.437 United States Dollar
Euro Eropa 260.000.000 100.000.000 European Euro
Pound Sterling Inggris 40.000.0000 - Great Britain Pound Sterling
Dolar Australia 20.000.000 - Dolar Australia
Dolar New Zealand - 15.000.000 New Zealand Dolar
Para pihak yang melakukan kontrak derivatif dalam The parties entering into derivative contracts in the
bentuk swap suku bunga ataupun swap mata uang form of interest rate swaps or currency and interest
dan suku bunga dengan BRI berkewajiban rate swaps with BRI are required to pay fixed rates
membayar bunga tetap atau bunga mengambang or floating rates, including but not limited to 3 (three)
antara lain SOFR 3 (tiga) bulanan atau 6 (enam) monthly or 6 (six) monthly SOFR plus a certain
bulanan ditambah dengan marjin tertentu. margin.
11. KREDIT YANG DIBERIKAN 11. LOANS
a) Berdasarkan Jenis dan Mata Uang: a) By Type and Currency:
Rincian kredit yang diberikan berdasarkan jenis The details of loans by type and currency are as
dan mata uang adalah sebagai berikut: follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
Modal kerja 691.424.669 691.046.152 Working Capital
Konsumsi 375.035.690 325.971.783 Consumer
Investasi 118.406.791 86.026.768 Investment
Cash Collateral 656.904 159.681 Cash Collateral
1.185.524.054 1.103.204.384
179
Page 1154
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
a) Berdasarkan Jenis dan Mata Uang (lanjutan): a) By Type and Currency (continued):
Rincian kredit yang diberikan berdasarkan jenis The details of loans by type and currency are as
dan mata uang adalah sebagai berikut: follows: (continued)
(lanjutan)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Mata uang asing Foreign currency
Investasi 65.095.491 59.129.607 Investment
Modal kerja 54.294.233 45.850.048 Working Capital
Konsumsi 1.045.182 1.010.998 Consumer
120.434.906 105.990.653
1.305.958.960 1.209.195.037
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Modal kerja 43.259.847 25.858.983 Working Capital
Investasi 73.084.039 28.686.394 Investment
Konsumsi 192.432 209.229 Consumer
116.536.318 54.754.606
Mata uang asing Foreign currency
Modal kerja 9.788.447 7.994.913 Working Capital
Investasi 28.445.693 26.373.533 Investment
38.234.140 34.368.446
154.770.458 89.123.052
Total 1.460.729.418 1.298.318.089 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (79.328.619) (76.902.889) impairment losses
Neto 1.381.400.799 1.221.415.200 Net
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Rupiah 1.302.060.372 1.157.958.990 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 9.515.385.056 158.669.046 8.720.657.328 140.358.980 United States Dollar
Dolar Singapura - - 10.000 119 Singaporean Dollar
158.669.046 140.359.099
Total 1.460.729.418 1.298.318.089 Total
Dikurangi cadangan Less allowance for
kerugian penurunan nilai (79.328.619) (76.902.889) impairment losses
Neto 1.381.400.799 1.221.415.200 Net
180
Page 1155
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
b) Berdasarkan Sektor Ekonomi: b) By Economic Sector:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
Perdagangan, perhotelan dan Trading, hotels
restoran 388.502.355 394.832.978 and restaurants
Pertanian 224.982.146 196.879.241 Agriculture
Jasa dunia usaha 82.700.148 74.661.396 Business services
Perindustrian 72.873.387 69.709.337 Manufacturing
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 24.026.974 20.898.887 and communications
Konstruksi 16.978.494 14.512.977 Construction
Jasa pelayanan sosial 8.613.301 7.012.170 Social services
Pertambangan 6.721.810 14.307.696 Mining
Listrik, gas dan air 4.397.360 2.042.417 Electricity, gas and water
Lain-lain 355.728.079 308.347.285 Others
1.185.524.054 1.103.204.384
Mata uang asing Foreign currency
Perindustrian 39.511.068 36.463.367 Manufacturing
Pertambangan 20.384.167 15.399.907 Mining
Konstruksi 2.089.902 3.864.496 Construction
Pertanian 13.330.533 11.602.690 Agriculture
Listrik, gas dan air 13.548.107 10.083.211 Electricity, gas and water
Perdagangan, perhotelan dan Trading, hotels
restoran 16.640.270 9.934.038 and restaurants
Jasa pelayanan sosial 8.864.633 6.248.959 Social services
Jasa dunia usaha 4.042.222 11.042.966 Business services
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 974.986 299.529 and communications
Lain-lain 1.049.018 1.051.490 Others
120.434.906 105.990.653
1.305.958.960 1.209.195.037
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Perdagangan, perhotelan dan Trading, hotels
restoran 18.012.788 10.356.610 and restaurant
Konstruksi 60.533.447 16.320.018 Construction
Pertanian 7.156.132 7.515.932 Agriculture
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 8.424.246 7.371.946 and communications
Listrik, gas dan air 13.930.446 6.752.467 Electricity, gas and water
Jasa dunia usaha 3.381.517 2.508.888 Business services
Perindustrian 4.162.361 3.409.824 Manufacturing
Pertambangan 661.269 307.804 Mining
Jasa pelayanan sosial 80.000 - Social services
Lain-lain 194.112 211.117 Others
116.536.318 54.754.606
181
Page 1156
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
b) Berdasarkan Sektor Ekonomi (lanjutan): b) By Economic Sector (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
(lanjutan) (continued)
Mata uang asing Foreign currency
Listrik, gas dan air 21.570.039 17.602.619 Electricity, gas and water
Perdagangan, perhotelan Trading, hotels
dan restoran 5.924.533 2.320.284 and restaurant
Perindustrian 4.410.345 3.236.084 Manufacturing
Jasa dunia usaha 3.199.820 2.784.653 Business services
Pertambangan 1.633.495 6.476.830 Mining
Konstruksi 912.283 1.947.976 Construction
Pertanian 583.625 - Agriculture
38.234.140 34.368.446
154.770.458 89.123.052
Total 1.460.729.418 1.298.318.089 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (79.328.619) (76.902.889) impairment losses
Neto 1.381.400.799 1.221.415.200 Net
c) Berdasarkan Jangka Waktu c) By Period
Klasifikasi jangka waktu kredit yang diberikan The classification of loans based on the
berdasarkan sisa umur sampai dengan saat remaining period to maturity are as follows:
jatuh tempo adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
≤ 1 bulan 31.166.640 32.837.937 ≤ 1 month
> 1 bulan - 3 bulan 46.977.097 46.825.277 > 1 month - 3 months
> 3 bulan - 1 tahun 295.907.143 252.440.469 > 3 months - 1 year
> 1 tahun - 2 tahun 151.584.882 138.280.655 > 1 year - 2 years
> 2 tahun - 5 tahun 361.593.439 376.837.492 > 2 years - 5 years
> 5 tahun 298.294.853 255.982.554 > 5 years
1.185.524.054 1.103.204.384
Mata uang asing Foreign currency
≤ 1 bulan 3.493.731 5.781.294 ≤ 1 month
> 1 bulan - 3 bulan 7.606.660 8.032.817 > 1 month - 3 months
> 3 bulan - 1 tahun 37.304.190 26.314.688 > 3 months - 1 year
> 1 tahun - 2 tahun 13.914.483 7.600.206 > 1 year - 2 years
> 2 tahun - 5 tahun 22.235.257 29.935.619 > 2 years - 5 years
> 5 tahun 35.880.585 28.326.029 > 5 years
120.434.906 105.990.653
1.305.958.960 1.209.195.037
182
Page 1157
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
c) Berdasarkan Jangka Waktu (lanjutan) c) By Period (continued)
Klasifikasi jangka waktu kredit yang diberikan The classification of loans based on the
berdasarkan sisa umur sampai dengan saat remaining period to maturity are as follows
jatuh tempo adalah sebagai berikut (lanjutan): (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
≤ 1 bulan 3.172.519 1.961.564 ≤ 1 month
> 1 bulan - 3 bulan 1.353.130 634.479 > 1 month - 3 months
> 3 bulan - 1 tahun 32.024.192 12.560.025 > 3 months - 1 year
> 1 tahun - 2 tahun 678.533 5.263.222 > 1 year - 2 years
> 2 tahun - 5 tahun 8.544.362 7.419.907 > 2 years - 5 years
> 5 tahun 70.763.582 26.915.409 > 5 years
116.536.318 54.754.606
Mata uang asing Foreign currency
≤ 1 bulan 2.417.875 66.844 ≤ 1 month
> 1 bulan - 3 bulan 294.529 1.448.550 > 1 month - 3 months
> 3 bulan - 1 tahun 2.654.620 4.941.385 > 3 months - 1 year
> 1 tahun - 2 tahun 111.892 2.033.142 > 1 year - 2 years
> 2 tahun - 5 tahun 17.019.252 13.515.139 > 2 years - 5 years
> 5 tahun 15.735.972 12.363.386 > 5 years
38.234.140 34.368.446
154.770.458 89.123.052
Total 1.460.729.418 1.298.318.089 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (79.328.619) (76.902.889) impairment losses
Neto 1.381.400.799 1.221.415.200 Net
183
Page 1158
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
d) Perubahan Nilai Tercatat dan Cadangan d) The Changes in Carrying Value and Allowance
Kerugian Ekspektasian for Expected Losses
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Kredit yang diberikan Loans
Carrying value beginning
Nilai tercatat awal 1.165.943.855 95.119.494 37.254.740 1.298.318.089 balance
Pengalihan ke Transition to
Stage 1 4.648.837 (4.297.443) (351.394) - Stage 1
Stage 2 (40.930.497) 41.423.893 (493.396) - Stage 2
Stage 3 (23.272.933) (16.831.480) 40.104.413 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (69.163.086) (12.087.099) (2.006.081) (83.256.266) carrying value
Aset keuangan baru yang New financial assets issued
diterbitkan atau dibeli 572.477.199 8.763.151 3.279.191 584.519.541 or purchased
Aset keuangan yang dihentikan
pengakuannya (284.676.333) (9.998.298) (5.567.593) (300.242.224) Derecognized financial assets
Penghapusbukuan (4.645.142) (11.392.463) (26.379.181) (42.416.786) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 3.482.519 251.110 73.435 3.807.064 and other changes
Carrying value ending
Nilai tercatat akhir 1.323.864.419 90.950.865 45.914.134 1.460.729.418 balance
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Kredit yang diberikan Loans
Carrying value beginning
Nilai tercatat awal 1.068.681.784 106.849.668 37.046.634 1.212.578.086 balance
Pengalihan ke Transition to
Stage 1 8.463.559 (8.131.698) (331.861) - Stage 1
Stage 2 (38.204.791) 38.018.303 186.488 - Stage 2
Stage 3 (14.666.745) (13.579.258) 28.246.003 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (93.726.786) (12.539.903) (1.429.608) (107.696.297) carrying value
Aset keuangan baru yang New financial assets issued
diterbitkan atau dibeli 505.281.602 17.129.844 2.371.087 524.782.533 or purchased
Aset keuangan yang dihentikan
pengakuannya (266.671.580) (21.461.149) (3.151.492) (291.284.221) Derecognized financial assets
Penghapusbukuan (6.154.590) (11.417.407) (25.790.346) (43.362.343) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 2.941.402 251.094 107.835 3.300.331 and other changes
Carrying value ending
Nilai tercatat akhir 1.165.943.855 95.119.494 37.254.740 1.298.318.089 balance
184
Page 1159
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
d) Perubahan Nilai Tercatat dan Cadangan d) The Changes in Carrying Value and Allowance
Kerugian Ekspektasian (lanjutan) for Expected Losses (continued)
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Kredit yang Diberikan Loans
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 19.961.020 29.540.799 27.401.070 76.902.889 loss beginning balance
Pengalihan ke Transition to
Stage 1 828.894 (612.984) (215.910) - Stage 1
Stage 2 (1.147.756) 1.431.552 (283.796) - Stage 2
Stage 3 (1.386.708) (6.075.412) 7.462.120 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian 2.847.217 11.410.220 25.052.966 39.310.403 allowance for losses
Aset keuangan baru yang New financial assets issued
diterbitkan atau dibeli 8.638.893 2.853.292 2.608.103 14.100.288 or purchased
Aset keuangan yang dihentikan
pengakuannya (3.600.438) (2.013.925) (2.930.593) (8.544.956) Derecognized financial assets
Penghapusbukuan (4.645.142) (11.392.463) (26.379.181) (42.416.786) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (1.889) (16.700) (4.630) (23.219) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 21.494.091 25.124.379 32.710.149 79.328.619 credit loss ending balance
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Kredit yang Diberikan Loans
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 22.024.337 32.994.228 26.905.837 81.924.402 loss beginning balance
Pengalihan ke Transition to
Stage 1 1.321.099 (1.167.790) (153.309) - Stage 1
Stage 2 (1.599.789) 1.705.276 (105.487) - Stage 2
Stage 3 (529.570) (3.970.325) 4.499.895 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian 1.396.127 11.797.766 22.232.599 35.426.492 allowance for losses
Aset keuangan baru yang New financial assets issued
diterbitkan atau dibeli 12.702.961 8.570.934 1.798.109 23.072.004 or purchased
Aset keuangan yang dihentikan
pengakuannya (8.479.405) (8.423.116) (1.307.438) (18.209.959) Derecognized financial assets
Penghapusbukuan (6.154.590) (11.417.407) (25.790.346) (43.362.343) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (720.150) (548.767) (678.790) (1.947.707) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 19.961.020 29.540.799 27.401.070 76.902.889 credit loss ending balance
185
Page 1160
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
e) Informasi mengenai restrukturisasi yang e) Information regarding restructured loan by BRI
dilakukan BRI dan entitas anak and its subsidiaries
Tabel berikut merupakan informasi atas kredit The following table provides informations of
yang diberikan yang telah direstrukturisasi BRI restructured loan by BRI and subsidiaries, as
dan entitas anak: follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
BRI (Entitas Induk) 81.730.452 85.373.193 BRI (Parent Entity)
BRI (Entitas Anak) 2.945.734 4.050.098 BRI (Subsidiary)
Total 84.676.186 89.423.291 Total
Skema restrukturisasi umumnya dilakukan Restructuring scheme generally consists of
dengan perpanjangan masa pelunasan kredit extention of the loan period and rescheduling the
dan penjadwalan kembali bunga yang overdue interest.
tertunggak.
f) Informasi Penting Lainnya f) Other Significant Information
1) Kredit yang diberikan pada umumnya 1) The loans are generally collateralized by
dijamin dengan agunan yang diikat dengan registered mortgages, by powers of
hak tanggungan, surat kuasa untuk attorneys to sell, demand deposits, saving
menjual, giro, tabungan, deposito berjangka deposits, time deposits or by other
atau jaminan lain yang umumnya diterima guarantees generally accepted by banks
oleh perbankan (Catatan 19, 20 dan 21), (Notes 19, 20 and 21), as well as collateral
serta barang jaminan berupa emas (entitas in the form of gold (subsidiaries).
anak).
2) Kredit modal kerja dan investasi diberikan 2) Working capital and investment loans are
kepada debitur untuk memenuhi kebutuhan given to debtors for working capital
modal kerja dan barang-barang modalnya. requirements and capital goods.
3) Kredit konsumsi terdiri dari kredit kepada 3) Consumption loans consist of loans to
pekerja dan pensiun, kredit pemilikan employees and retired employees, housing,
rumah, kredit kendaraan bermotor dan motor vehicles and other consumption
kredit konsumsi lainnya. loans.
4) Kredit program merupakan kredit yang 4) Program loans represent loan facilities
disalurkan BRI berdasarkan petunjuk dari channeled by BRI based on the guidelines
Pemerintah dalam rangka mendukung from the Government in order to support the
pembangunan di Indonesia khususnya development in Indonesia especially the
pengembangan usaha kecil, menengah dan development of small scale industry, middle
koperasi. scale industry and corporate.
5) Kredit Kupedes merupakan kredit yang 5) Kupedes loans represent loan facilities
disalurkan BRI melalui kantor BRI Unit channeled by BRI through BRI’s Units. The
dengan sasaran usaha mikro dan golongan target of these loans is micro scale industry
berpenghasilan tetap yang memerlukan and fixed income employees that require
tambahan pembiayaan yang besarnya additional funds, in accordance with the
sesuai dengan ketentuan batasan plafon maximum limit amount stated in the
Kupedes. Sektor ekonomi yang menjadi Kupedes regulation. The targeted economic
sasaran adalah pertanian, industri, sectors are agriculture, manufacturing,
perdagangan dan lain-lain. trading and others.
186
Page 1161
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
f) Informasi Penting Lainnya (lanjutan) f. Other Significant Information (continued)
6) Kredit sindikasi merupakan kredit yang 6) Syndicated loans represent loans provided
diberikan kepada debitur di bawah to debtors under syndication agreements
perjanjian pembiayaan bersama dengan with other banks. The total BRI loan with the
bank-bank lain. Jumlah kredit sindikasi yang syndication scheme amounted to
diberikan BRI adalah sebesar Rp130,275,425 and Rp73,697,390 as of
Rp130.275.425 dan Rp73.697.390 December 31, 2025 and 2024, respectively.
masing-masing pada tanggal-tanggal BRI’s participation as leader in the
31 Desember 2025 dan 2024. Keikutsertaan syndicated loans ranged from 3% to 72% as
BRI sebagai pimpinan sindikasi berkisar of December 31, 2025 and
dari 3% sampai dengan 72% masing- 2024, respectively. BRI’s participation as a
masing pada tanggal-tanggal member in the syndicated loans ranged
31 Desember 2025 dan 2024, selanjutnya from 1% to 80% as of December 31, 2025
sebagai anggota sindikasi berkisar dari 1% and 2024.
sampai dengan 80% masing-masing pada
tanggal-tanggal 31 Desember 2025
dan 2024.
7) Pinjaman pekerja adalah pinjaman yang 7) Employee loans are loans given to
diberikan kepada pekerja dengan tingkat employees with 4.5% to 5.5% annual
bunga berkisar 4,5% sampai dengan 5,5% interest rate that are intended for the
per tahun yang ditujukan untuk pembelian acquisition of vehicles, houses and other
kendaraan, rumah dan keperluan lainnya necessities with 4 (four) to 20 (twenty) years
dengan jangka waktu berkisar antara maturity. Loan principal and interest
4 (empat) tahun sampai dengan payments were collected through monthly
20 (dua puluh) tahun. Pembayaran pokok payroll deductions. The difference between
pinjaman dan bunga dilunasi melalui employee loan’s interest rate and Base
pemotongan gaji setiap bulan. Perbedaan Lending Rate (BLR) is deferred and
antara tingkat bunga pinjaman pekerja dan recorded as deferred expense for employee
Base Lending Rate (BLR) ditangguhkan dan loans as part of other assets. The deferred
dicatat sebagai beban yang ditangguhkan expense for employee loans amounted to
untuk pinjaman pekerja, bagian dari Aset Rp4,148,213 and Rp4,747,556 as of
Lain-lain. Besarnya akun beban yang December 31, 2025 and 2024, respectively
ditangguhkan untuk pinjaman pekerja (Note 17).
sebesar Rp4.148.213 dan Rp4.747.556
masing-masing pada tanggal 31 Desember
2025 dan 2024 (Catatan 17).
8) Berdasarkan Segmen Operasi 8) By Operating Segment
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
Mikro 585.960.587 575.546.128 Micro
Ritel 526.176.148 474.311.856 Retail
Korporasi 73.387.319 53.346.400 Corporate
1.185.524.054 1.103.204.384
Mata uang asing Foreign currency
Korporasi 115.834.841 103.392.347 Corporate
Ritel 4.600.065 2.598.306 Retail
120.434.906 105.990.653
1.305.958.960 1.209.195.037
187
Page 1162
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. KREDIT YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
f) Informasi Penting Lainnya (lanjutan) f. Other Significant Information (continued)
8) Berdasarkan Segmen Operasi (lanjutan) 8) By Operating Segment (continued)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Korporasi 115.061.550 53.237.066 Corporate
Ritel 1.474.768 1.517.540 Retail
116.536.318 54.754.606
Mata uang asing Foreign currency
Korporasi 38.234.140 34.368.446 Corporate
154.770.458 89.123.052
Total 1.460.729.418 1.298.318.089 Total
Dikurangi cadangan kerugian Less Allowance for
penurunan nilai (79.328.619) (76.902.889) impairment losses
Neto 1.381.400.799 1.221.415.200 Net
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, there are loans
2024, terdapat kredit entitas anak (Pegadaian dan from subsidiaries (Pegadaian and PNM) used as
PNM) digunakan sebagai jaminan atas pinjaman collaterals for bank loans amounted to Rp74,593,275
bank masing-masing sebesar Rp74.593.275 dan and Rp80,932,893, respectively
Rp80.932.893 (Catatan 25). (Note 25).
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai kredit yang diberikan pada impairment losses on loans as of December 31, 2025
tanggal-tanggal 31 Desember 2025 dan and December 31, 2024 are adequate.
2024 telah memadai.
12. PINJAMAN SYARIAH 12. SHARIA LOANS
a) Pinjaman syariah berdasarkan jangka waktu a) Sharia loans based on the remaining period to
dan mata uang adalah sebagai berikut: maturity and currency are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
≤ 1 bulan 163.298 195.952 ≤ 1 month
> 1 bulan - 3 bulan 894.344 836.624 > 1 month - 3 months
> 3 bulan - 1 tahun 35.190.312 37.260.451 > 3 months - 1 year
> 1 tahun - 2 tahun 14.337.839 6.446.381 > 1 year - 2 years
> 2 tahun - 5 tahun 5.606.997 4.966.088 > 2 years - 5 years
> 5 tahun 157.492 183.586 > 5 years
Total 56.350.282 49.889.082 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (3.565.115) (3.995.032) impairment losses
Neto 52.785.167 45.894.050 Net
188
Page 1163
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. PINJAMAN SYARIAH (lanjutan) 12. SHARIA LOANS (continued)
a) Pinjaman syariah berdasarkan jangka waktu a) Sharia loans based on the remaining period to
dan mata uang adalah sebagai berikut maturity and currency are as follows (continued):
(lanjutan):
Pinjaman syariah merupakan produk dari Sharia loans are products of subsidiaries of
entitas anak Pegadaian dan PNM. Untuk Pegadaian and PNM. Pegadaian sharia loans
pinjaman syariah Pegadaian terdiri dari arrum consist of arrum haji, amanah, arrum gold, arrum
haji, amanah, arrum emas, arrum BPKB, arrum BPKB, arrum safar, arrum express loan-KUR
safar, arrum express loan-KUR syariah, rahn syariah, rhan tasjily land, mulia and emasku
tasjily tanah, mulia dan emasku syariah serta syariah as well as rahn syariah, while PNM
Rahn gadai syariah, sementara pinjaman sharia loans consist of mekaar sharia and ulamm
syariah PNM terdiri dari mekaar syariah dan sharia.
ulamm syariah.
b) Tabel berikut menyajikan perubahan nilai b) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected losses
berdasarkan kategori instrumen keuangan: by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Pinjaman Syariah Sharia Loans
Carrying value beginning
Nilai tercatat awal 45.088.319 3.960.852 839.911 49.889.082 balance
Pengalihan ke Transition to
Stage 1 404.105 (391.436) (12.669) - Stage 1
Stage 2 (1.650.384) 1.694.614 (44.230) - Stage 2
Stage 3 (7.175.826) (1.668.231) 8.844.057 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 5.161.858 (885.868) (208.610) 4.067.380 carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 48.066.064 1.663.256 400.532 50.129.852 or purchased
Aset keuangan yang dihentikan
pengakuannya (37.312.812) (1.362.898) (6.082.691) (44.758.401) Derecognized financial assets
Penghapusbukuan - - (2.977.631) (2.977.631) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain - - - - and other changes
Carrying value ending
Nilai tercatat akhir 52.581.324 3.010.289 758.669 56.350.282 balance
189
Page 1164
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. PINJAMAN SYARIAH (lanjutan) 12. SHARIA LOANS (continued)
b) Tabel berikut menyajikan perubahan nilai b) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected losses
berdasarkan kategori instrumen keuangan by financial instrument category (continued):
(lanjutan):
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Pinjaman Syariah Sharia Loans
Carrying value beginning
Nilai tercatat awal 43.253.228 1.938.693 745.775 45.937.696 balance
Pengalihan ke Transition to
Stage 1 739.737 (600.924) (138.813) - Stage 1
Stage 2 (2.780.990) 3.124.675 (343.685) - Stage 2
Stage 3 (2.292.560) (108.001) 2.400.561 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 4.746.525 (506.746) 327.367 4.567.146 carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 42.966.165 6.219.495 2.405.133 51.590.793 or purchased
Aset keuangan yang dihentikan
pengakuannya (41.543.786) (6.106.340) (2.617.871) (50.267.997) Derecognized financial assets
Penghapusbukuan - - (1.938.556) (1.938.556) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain - - - - and other changes
Carrying value ending
Nilai tercatat akhir 45.088.319 3.960.852 839.911 49.889.082 balance
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Pinjaman Syariah Sharia Loans
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 1.325.565 2.030.509 638.958 3.995.032 loss beginning balance
Pengalihan ke Transition to
Stage 1 37.261 (32.935) (4.326) - Stage 1
Stage 2 (29.571) 32.805 (3.234) - Stage 2
Stage 3 (1.591.035) (2.296.865) 3.887.900 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (78.493) (378.587) 51.274 (405.806) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 3.936.216 839.449 304.720 5.080.385 or purchased
Aset keuangan yang dihentikan
pengakuannya (141.485) (95.212) (1.890.168) (2.126.865) Derecognized financial assets
Penghapusbukuan - - (2.977.631) (2.977.631) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain - - - - and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 3.458.458 99.164 7.493 3.565.115 credit loss ending balance
190
Page 1165
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. PINJAMAN SYARIAH (lanjutan) 12. SHARIA LOANS (continued)
b) Tabel berikut menyajikan perubahan nilai b) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected losses
berdasarkan kategori instrumen keuangan by financial instrument category (continued):
(lanjutan):
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Pinjaman Syariah Sharia Loans
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 1.670.599 1.275.830 415.749 3.362.178 loss beginning balance
Pengalihan ke Transition to
Stage 1 258.193 (150.956) (107.237) - Stage 1
Stage 2 (215.431) 465.697 (250.266) - Stage 2
Stage 3 (571.081) (1.073.894) 1.644.975 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (882.219) (1.703.050) (1.312.850) (3.898.119) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 15.456.008 3.937.621 2.284.330 21.677.959 or purchased
Aset keuangan yang dihentikan
pengakuannya (14.390.504) (720.739) (97.187) (15.208.430) Derecognized financial assets
Penghapusbukuan - - (1.938.556) (1.938.556) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain - - - - and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 1.325.565 2.030.509 638.958 3.995.032 credit loss ending balance
b) Informasi mengenai restrukturisasi pinjaman b) Information regarding structured sharia loan by
syariah subsidiaries
Tabel berikut merupakan informasi atas The following table provides informations of
pinjaman syariah yang telah direstrukturisasi restructured sharia loans by Pegadaian and
Pegadaian dan PNM: PNM:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pegadaian 16.853 71.303 Pegadaian
PNM 2.105.498 3.429.375 PNM
Total 2.122.351 3.500.678 Total
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai pinjaman syariah pada impairment losses on sharia loans as of
tanggal-tanggal 31 Desember 2025 dan 2024 telah December 31, 2025 and 2024 is adequate.
memadai.
Jenis jaminan yang diserahkan oleh debitur atas The type of collateral submitted by the debtors for the
pinjaman syariah antara lain berupa agunan yang sharia loans are collateral secured by a mortgage,
diikat dengan hak tanggungan, surat kuasa untuk a power of attorney to sell, fiduciary guarantees,gold,
menjual, fidusia, emas atau jaminan lain yang fiduciary, and other commonly accepted forms of
umumnya diterima. collateral.
191
Page 1166
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. PINJAMAN SYARIAH (lanjutan) 12. SHARIA LOANS (continued)
Pada tanggal-tanggal 31 Desember 2025 dan As December 31, 2025 and 2024, there are sharia
2024, terdapat pinjaman syariah yang digunakan loans that are used as collateral for bank loans
sebagai jaminan atas pinjaman bank masing- amounted to Rp27,711,699 and Rp28,410,016,
masing sebesar Rp27.711.699 dan Rp28.410.016 respectively (Note 25).
(Catatan 25).
13. PIUTANG SEWA PEMBIAYAAN 13. FINANCE LEASE RECEIVABLES
a) Piutang sewa pembiayaan pada tanggal a) Finance lease receivables as of December 31,
31 Desember 2025 dan 2024 yang terdiri dari: 2025 and 2024 consisting of:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Piutang sewa pembiayaan - bruto 5.257.373 7.798.737 Finance lease receivables - gross
Nilai sisa yang terjamin 1.430.132 1.508.683 Guaranteed residual values
Pendapatan sewa pembiayaan
yang belum diakui (883.502) (1.407.321) Unearned finance leases income
Simpanan jaminan (1.430.132) (1.508.683) Security deposit
4.373.871 6.391.416
Pihak berelasi (Catatan 44) Related parties (Note 44)
Piutang sewa pembiayaan - bruto 36.897 50.370 Finance lease receivables - gross
Nilai sisa yang terjamin 12.914 12.080 Guaranteed residual values
Pendapatan sewa pembiayaan
yang belum diakui (4.611) (8.178) Unearned finance leases income
Simpanan jaminan (12.914) (12.080) Security deposit
32.286 42.192
Total 4.406.157 6.433.608 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (164.922) (165.590) impairment losses
Neto 4.241.235 6.268.018 Net
b) Piutang Sewa Pembiayaan berdasarkan sisa b) Finance lease receivables based on the
umur sampai dengan jatuh tempo adalah remaining period to maturity are as follows:
sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
≤ 1 tahun 2.238.019 2.749.428 ≤ 1 year
> 1 tahun - 2 tahun 1.323.852 1.893.927 > 1 year - 2 years
> 2 tahun - 5 tahun 782.252 1.707.198 > 2 years - 5 years
> 5 tahun 29.748 34.819 > 5 years
4.373.871 6.385.372
Dolar Amerika Serikat United States Dollar
≤ 1 tahun - 6.044 ≤ 1 year
- 6.044
4.373.871 6.391.416
192
Page 1167
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. PIUTANG SEWA PEMBIAYAAN (lanjutan) 13. FINANCE LEASE RECEIVABLES (continued)
b) Piutang Sewa Pembiayaan berdasarkan sisa b) Finance lease receivables based on the
umur sampai dengan jatuh tempo adalah remaining period to maturity are as follows
sebagai berikut (lanjutan): (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
≤ 1 tahun 11.096 10.636 ≤ 1 year
> 1 tahun - 2 tahun 10.758 10.635 > 1 year - 2 years
> 2 tahun - 5 tahun 10.432 20.921 > 2 years - 5 years
32.286 42.192
Total 4.406.157 6.433.608 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (164.922) (165.590) impairment losses
Neto 4.241.235 6.268.018 Net
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Piutang Sewa Pembiayaan Finance Lease Receivables
Carrying value beginning
Nilai tercatat awal 6.192.820 137.312 103.476 6.433.608 balance
Pengalihan ke Transition to
Stage 1 24.083 (21.875) (2.208) - Stage 1
Stage 2 (207.723) 208.318 (595) - Stage 2
Stage 3 (60.182) (29.010) 89.192 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 1.359.749 21.903 2.592 1.384.244 or purchased
Aset keuangan yang dihentikan
pengakuannya (3.122.238) (99.941) (35.822) (3.258.001) Derecognized financial assets
Penghapusbukuan (50.413) (30.641) (72.640) (153.694) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain - - - - and other changes
Carrying value ending
Nilai tercatat akhir 4.136.096 186.066 83.995 4.406.157 balance
193
Page 1168
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. PIUTANG SEWA PEMBIAYAAN (lanjutan) 13. FINANCE LEASE RECEIVABLES (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Piutang Sewa Pembiayaan Finance Lease Receivables
Carrying value beginning
Nilai tercatat awal 7.590.538 179.073 143.854 7.913.465 balance
Pengalihan ke Transition to
Stage 1 93.913 (85.983) (7.930) - Stage 1
Stage 2 (128.027) 128.950 (923) - Stage 2
Stage 3 (52.324) (16.141) 68.465 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 1.911.558 11.872 17.433 1.940.863 or purchased
Aset keuangan yang dihentikan
pengakuannya (3.168.718) (53.491) (37.550) (3.259.759) Derecognized financial assets
Penghapusbukuan (54.120) (26.968) (79.873) (160.961) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain - - - - and other changes
Carrying value ending
Nilai tercatat akhir 6.192.820 137.312 103.476 6.433.608 balance
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Piutang Sewa Pembiayaan Finance Lease Receivables
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 78.254 8.943 78.393 165.590 loss beginning balance
Pengalihan ke Transition to
Stage 1 4.774 (2.504) (2.270) - Stage 1
Stage 2 (1.262) 1.794 (532) - Stage 2
Stage 3 (4.065) (5.040) 9.105 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian 64.934 45.019 81.268 191.221 allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 5.081 2.249 2.592 9.922 or purchased
Aset keuangan yang dihentikan
pengakuannya (17.317) (10.518) (31.869) (59.704) Derecognized financial assets
Penghapusbukuan (50.413) (30.641) (72.640) (153.694) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 11.587 - - 11.587 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 91.573 9.302 64.047 164.922 credit loss ending balance
194
Page 1169
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. PIUTANG SEWA PEMBIAYAAN (lanjutan) 13. FINANCE LEASE RECEIVABLES (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Piutang Sewa Pembiayaan Finance Lease Receivables
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 24.744 65.863 124.701 215.308 loss beginning balance
Pengalihan ke Transition to
Stage 1 52.229 (46.192) (6.037) - Stage 1
Stage 2 (4.680) 5.422 (742) - Stage 2
Stage 3 (640) (1.107) 1.747 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (7.047) 9.233 60.374 62.560 allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 85.044 8.075 14.704 107.823 or purchased
Aset keuangan yang dihentikan
pengakuannya (16.197) (5.383) (36.481) (58.061) Derecognized financial assets
Penghapusbukuan (54.120) (26.968) (79.873) (160.961) Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (1.079) - - (1.079) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 78.254 8.943 78.393 165.590 credit loss ending balance
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024 and there were
2024 dan terdapat piutang sewa pembiayaan financing receivables that used as collateral for bank
digunakan sebagai jaminan atas utang bank loans amounting Rp1,522,932 and Rp3,303,755,
masing-masing sebesar Rp1.522.932 dan respectively (note 25).
Rp3.303.755 (catatan 25).
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai piutang sewa pembiayaan impairment losses for finance lease receivable as of
pada tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 are adequate.
2024 telah memadai.
14. TAGIHAN DAN LIABILITAS AKSEPTASI 14. ACCEPTANCES RECEIVABLE AND PAYABLE
a) Berdasarkan Jenis dan Mata Uang: a) By Type and Currency:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah Rupiah
L/C Impor dan Surat Kredit Import Letters of
Berdokumen Dalam Credit and Domestic
Negeri (SKBDN) 9.904.354 6.685.784 Documentary L/C (SKBDN)
195
Page 1170
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI 14. ACCEPTANCES RECEIVABLE AND PAYABLE
(lanjutan) (continued)
a) Berdasarkan Jenis dan Mata Uang (lanjutan): a) By Type and Currency (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing Foreign currency
L/C Impor dan SKBDN Import L/C and SKBDN
Dolar Amerika Serikat 46.632.380 777.595 52.987.125 852.828 United States Dollar
Renminbi 107.092.758 255.416 222.847.124 491.376 Renminbi
Euro Eropa 743.064 14.543 765.779 12.833 European Euro
Yen Jepang 24.574.000 2.617 61.210.000 6.306 Japanese Yen
Dolar Singapura 124.500 1.614 - Singapore Dollar
Pound Sterling Inggris - - 29.862 604 Great Britain Pound Sterling
1.051.785 1.363.947
10.956.139 8.049.731
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
L/C Impor dan SKBDN 1.645.307 1.757.587 Import L/C and SKBDN
Mata uang asing Foreign currency
L/C Impor dan SKBDN Import L/C and SKBDN
Dolar Amerika Serikat 28.612.941 477.121 18.518.480 298.055 United States Dollar
2.122.428 2.055.642
Total 13.078.567 10.105.373 Total
Cadangan kerugian penurunan nilai (32.226) (321.683) Allowance for impairment losses
Neto 13.046.341 9.783.690 Net
b) Berdasarkan Jangka Waktu: b) By Period:
Klasifikasi jangka waktu tagihan akseptasi The classification of acceptances receivable
berdasarkan sisa umur sampai dengan saat based on the remaining period until maturity are
jatuh tempo adalah sebagai berikut: as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
≤ 1 bulan 2.321.337 1.861.735 ≤ 1 month
> 1 bulan - 3 bulan 4.073.241 2.463.651 > 1 month - 3 months
> 3 bulan - 1 tahun 4.561.561 3.724.345 > 3 months - 1 year
10.956.139 8.049.731
Pihak berelasi (Catatan 44) Related parties (Note 44)
≤ 1 bulan 630.929 232.241 ≤ 1 month
> 1 bulan - 3 bulan 635.696 739.638 > 1 month - 3 months
> 3 bulan - 1 tahun 855.803 1.083.763 > 3 months - 1 year
2.122.428 2.055.642
Total 13.078.567 10.105.373 Total
Cadangan kerugian Allowance for
penurunan nilai (32.226) (321.683) impairment losses
Neto 13.046.341 9.783.690 Net
196
Page 1171
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI 14. ACCEPTANCES RECEIVABLE AND PAYABLE
(lanjutan) (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember 2025/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Tagihan Akseptasi Acceptances Receivables
Carrying value beginning
Nilai tercatat awal 10.105.373 - - 10.105.373 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 13.073.348 5.219 - 13.078.567 or purchased
Aset keuangan yang dihentikan
pengakuannya (10.112.718) - - (10.112.718) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 7.345 - - 7.345 and other changes
Carrying value ending
Nilai tercatat akhir 13.073.348 5.219 - 13.078.567 balance
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Tagihan Akseptasi Acceptances Receivables
Carrying value beginning
Nilai tercatat awal 10.193.597 23.811 - 10.217.408 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 10.105.373 - - 10.105.373 or purchased
Aset keuangan yang dihentikan
pengakuannya (10.218.091) (23.811) - (10.241.902) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 24.494 - - 24.494 and other changes
Carrying value ending
Nilai tercatat akhir 10.105.373 - - 10.105.373 balance
197
Page 1172
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
14. TAGIHAN DAN LIABILITAS AKSEPTASI 14. ACCEPTANCES RECEIVABLE AND PAYABLE
(lanjutan) (continued)
c) Tabel berikut menyajikan perubahan nilai c) The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember 2024/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Tagihan Akseptasi Acceptances Receivables
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 321.683 - - 321.683 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian - - - - allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 30.113 2.115 - 32.228 or purchased
Aset keuangan yang dihentikan
pengakuannya (321.684) (321.684) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (1) - - (1) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 30.111 2.115 - 32.226 credit loss ending balance
31 Desember 2024/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired JumlahTotal
Tagihan Akseptasi Acceptances Receivables
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 244.117 5.581 - 249.698 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian - - - - allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 321.683 - - 321.683 or purchased
Aset keuangan yang dihentikan
pengakuannya (244.118) (5.581) - (249.699) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 1 - - 1 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 321.683 - - 321.683 credit loss ending balance
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai pada impairment losses as of December 31, 2025 and
31 Desember 2025 dan 2024 telah memadai. 2024 is adequate.
198
Page 1173
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. PENYERTAAN SAHAM 15. INVESTMENT IN SHARES
Rincian penyertaan saham adalah sebagai berikut: The details of investment in shares are as follows:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Akumulasi Akumulasi
Bagian Bagian
Laba Neto Laba Neto
Asosiasi/ Asosiasi/
Jenis Persentase Biaya Accumulated Nilai Biaya Accumulated Nilai
Usaha/ Pemilikan (%)/ Perolehan/ Net Earning Tercatat/ Perolehan/ Net Earning Tercatat/
Type of Percentage of Acquisition Associated Carrying Acquisition Associated Carrying
Nama Perusahaan Business Ownership (%) Cost Entities Value Cost Entities Value Company Name
Metode Ekuitas Equity Method
Pihak berelasi (Catatan 44) Related parties (Note 44)
(Investasi dalam entitas (Investment in
asosiasi) associates)
PT Bank Syariah PT Bank Syariah
Indonesia Tbk Perbankan/ Indonesia Tbk
Banking 15,38 3.546.381 3.965.599 7.511.980 3.546.381 2.902.597 6.448.978
PT Bahana Artha Ventura Modal ventura/ PT Bahana Artha
Venture Capital 15,10 71.325 1.975 73.300 71.325 5.450 76.775 Ventura
3.617.706 3.967.574 7.585.280 3.617.706 2.908.047 6.525.753
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Akumulasi Akumulasi
Bagian Bagian
Laba Neto Laba Neto
Asosiasi/ Asosiasi/
Jenis Persentase Biaya Accumulated Nilai Biaya Accumulated Nilai
Usaha/ Pemilikan (%)/ Perolehan/ Net Earning Tercatat/ Perolehan/ Net Earning Tercatat/
Type of Percentage of Acquisition Associated Carrying Acquisition Associated Carrying
Nama Perusahaan Business Ownership (%) Cost Entities Value Cost Entities Value Company Name
Metode Nilai Wajar Fair Value Method
Pihak ketiga Third parties
Grab Holding Penyelenggara Grab Holding
Teknologi
Finansial/
Financial
Technology
Provider 0,07 179.494 163.510
PT Bukalapak.com Penyelenggara PT Bukalapak.com
Teknologi
Finansial/
Financial
Technology
Provider 0,18 28.605 22.631
PT Pefindo Biro Kredit Perusahaaan PT Pefindo Biro Kredit
Informasi
Pengkreditan/
Credit
Information
Provider 13,88 30.856 23.308
PT Pemeringkat Efek Pemeringkat PT Pemeringkat Efek
Indonesia efek/ Credit Indonesia
Rating Agency 6,78 27.317 26.717
PT Kustodian Sentral Jasa Penitipan PT Kustodian Sentral
Efek Indonesia Surat Berharga/ Efek Indonesia
Securities
Depository
Service 4,25 4.650 4.650
PT Penyelesaian Jasa PT Penyelesaian
Transaksi Pembayaran/ Transaksi
Elektronik Payment Elektronik
Nasional Service 17,50 3.500 3.500 Nasional
PT Kliring Berjangka Lembaga PT Kliring Berjangka
Indonesia Kiring/Clearing Indonesia
(Persero) Institution 1,92 1.646 1.440 (Persero)
Investasi lain-lain Beragam/ Beragam/ Other Invesments
Various Various 686.564 714.428
Pihak berelasi Related parties
(Catatan 44) (Note 44)
PT Fintek Karya Penyelenggara PT Fintek Karya
Nusantara Jasa Sistem Nusantara
Perbankan/
Banking System
Service Provider 12,73 286.956 590.630
1.249.588 1.550.814
Neto 8.834.868 8.076.567 Net
199
Page 1174
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. PENYERTAAN SAHAM (lanjutan) 15. INVESTMENT IN SHARES (continued)
Jumlah aset, liabilitas, pendapatan, dan laba tahun Total assets, liabilities, income and net income for the
berjalan dari entitas asosiasi adalah sebagai berikut: year of associates are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
PT Bank Syariah Indonesia Tbk PT Bank Syariah Indonesia Tbk
Total aset 456.192.606 408.613.432 Total assets
Total liabilitas 104.929.242 102.281.321 Total liabilities
Total dana syirkah temporer 299.310.490 261.290.539 Total temporary syirkah funds
PT Bahana Artha Ventura PT Bahana Artha Ventura
Total aset 1.227.466 1.269.997 Total assets
Total liabilitas 492.047 512.323 Total liabilities
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
PT Bank Syariah Indonesia Tbk PT Bank Syariah Indonesia Tbk
Total pendapatan 26.065.682 22.965.653 Total income
Total laba bersih 7.962.185 7.158.012 Total net income
PT Bahana Artha Ventura PT Bahana Artha Ventura
Total pendapatan 119.451 125.944 Total income
Total (rugi) laba bersih (23.011) 17.648 Total (loss) net income
Rincian penerimaan dividen adalah sebagai berikut: The details of dividend receipts are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
BRI BRI
PT Bank Syariah Indonesia Tbk 161.583 131.550 PT Bank Syariah Indonesia Tbk
Entitas Anak Subsidiaries
PT Pegadaian 2.850 3.609 PT Pegadaian
PT BRI Danareksa Sekuritas 1.881 1.696 PT BRI Danareksa Sekuritas
PT BRI Asuransi Indonesia 93 154 PT BRI Asuransi Indonesia
PT Bank Raya Indonesia Tbk 16 26 PT Bank Raya Indonesia Tbk
4.840 5.485
Total 166.423 137.035 Total
200
Page 1175
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TETAP 16. PREMISES AND EQUIPMENT
Aset tetap terdiri atas: Premises and equipment consist of:
31 Desember 2025/December 31, 2025
Saldo Awal/
Beginning Revaluasi/ Penambahan/ Pengurangan/ Reklasifikasi/ Saldo Akhir/
Keterangan Balance Revaluation Addition Disposal Reclassification Ending Balance Description
Biaya Perolehan Cost
Hak atas tanah 32.852.260 540.403 187.176 11.428 841.314 34.409.725 Landrights
Bangunan 18.318.517 - 1.693.618 1.347.883 1.218.573 19.882.825 Buildings
Kendaraan bermotor 5.791.640 - 975.599 535.428 2.764 6.234.575 Motor vehicles
Komputer dan mesin*) 19.401.530 - 880.101 339.290 1.023.951 20.966.292 Computers and machineries*)
Perlengkapan kantor 5.395.223 - 820.042 126.477 (205.143) 5.883.645 Furnitures and fixtures
Satelit 3.288.890 - - - - 3.288.890 Satellite
Aset dalam
penyelesaian 3.431.758 - 2.987.056 158.004 (2.881.459) 3.379.351 Assets in progress
88.479.818 540.403 7.543.592 2.518.510 - 94.045.303
Akumulasi Penyusutan Accumulated Depreciation
Bangunan 6.396.277 - 1.699.127 528.745 (15) 7.566.644 Buildings
Kendaraan bermotor 2.226.710 - 986.395 359.594 - 2.853.511 Motor vehicles
Komputer dan mesin*) 12.699.795 - 2.414.840 123.198 2.469 14.993.906 Computers and machineries*)
Perlengkapan kantor 3.029.853 - 548.164 108.637 (2.454) 3.466.926 Furnitures and fixtures
Satelit 1.649.218 - 220.858 - - 1.870.076 Satellite
26.001.853 - 5.869.384 1.120.174 - 30.751.063
Nilai buku - Neto 62.477.965 63.294.240 Book value - Net
*) Termasuk software *) Include software
31 Desember 2024/December 31, 2024
Saldo Awal/
Beginning Revaluasi/ Penambahan/ Pengurangan/ Reklasifikasi/ Saldo Akhir/
Keterangan Balance Revaluation Addition Disposal Reclassification Ending Balance Description
Biaya Perolehan Cost
Hak atas tanah 33.317.427 9.670 94.501 598.508 29.170 32.852.260 Landrights
Bangunan 15.128.036 - 1.553.451 570.447 2.207.477 18.318.517 Buildings
Kendaraan bermotor 5.221.398 - 1.345.701 775.384 (75) 5.791.640 Motor vehicles
Komputer dan mesin*) 16.863.879 - 1.207.603 1.224.492 2.554.540 19.401.530 Computers and machineries*)
Perlengkapan kantor 3.978.351 - 1.579.180 130.670 (31.638) 5.395.223 Furnitures and fixtures
Satelit 3.288.878 - 12 - - 3.288.890 Satellite
Aset dalam
penyelesaian 3.665.808 - 4.554.140 28.716 (4.759.474) 3.431.758 Assets in progress
81.463.777 9.670 10.334.588 3.328.217 - 88.479.818
Akumulasi Penyusutan Accumulated Depreciation
Bangunan 5.225.792 - 1.767.869 599.748 2.364 6.396.277 Buildings
Kendaraan bermotor 1.928.834 - 846.680 549.200 396 2.226.710 Motor vehicles
Komputer dan mesin*) 10.594.732 - 2.531.625 421.345 (5.217) 12.699.795 Computers and machineries*)
Perlengkapan kantor 2.607.940 - 476.312 56.856 2.457 3.029.853 Furnitures and fixtures
Satelit 1.428.360 - 220.858 - - 1.649.218 Satellite
21.785.658 - 5.843.344 1.627.149 - 26.001.853
Nilai buku - Neto 59.678.119 62.477.965 Book value - Net
*) Termasuk software *) Include software
Biaya perolehan dan akumulasi penyusutan aset The acquiring cost and accumulated depreciation of
tetap per 31 Desember 2025 dan 2024 pada tabel di premises and equipment as of December 31, 2025
atas termasuk juga nilai Aset Hak Guna (AHG) BRI and 2024, based on table above also includes the
dan entitas anak, dengan rincian sebagai berikut: value of BRI and subsidiaries right-of-use assets, with
the following details:
Saldo awal
1 Jan 2025/ Saldo akhir
Beginning 31 Des 2025/
balance Penambahan/ Pengurangan/ Ending balance
Jan 1, 2025 Addition Disposal Dec 31, 2025
Biaya perolehan aset hak guna Acquistion cost of right-of-use assets
Bangunan 2.820.005 850.048 736.055 2.933.998 Buildings
Kendaraan bermotor 402.830 233.686 97.774 538.742 Motor vehicles
Komputer dan mesin*) - 3.635 - 3.635 Computers and machineries*)
Perlengkapan kantor 123.325 35.142 20.085 138.382 Furnitures and fixtures
3.346.160 1.122.511 853.914 3.614.757
Akumulasi penyusutan aset hak guna Accumulated depreciation of right-
of-use assets
Bangunan 1.503.628 591.858 452.633 1.642.853 Buildings
Kendaraan bermotor 309.986 120.625 56.339 374.272 Motor vehicles
Komputer dan mesin*) - 1.770 - 1.770 Computers and machineries*)
Perlengkapan kantor 41.552 29.362 16.680 54.234 Furnitures and fixtures
1.855.166 743.615 525.652 2.073.129
Nilai buku - Neto 1.490.994 1.541.628 Book value - Net
*) Termasuk software *) Include software
201
Page 1176
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TETAP (lanjutan) 16. PREMISES AND EQUIPMENT (continued)
Biaya perolehan dan akumulasi penyusutan aset The acquiring cost and accumulated depreciation of
tetap per 31 Desember 2025 dan 2024 pada tabel di premises and equipment as of December 31, 2025
atas termasuk juga nilai Aset Hak Guna (AHG) BRI and 2024 based on table above also includes the
dan entitas anak, dengan rincian sebagai berikut value of BRI and subsidiaries right-of-use assets, with
(lanjutan): the following details (continued):
Saldo awal
1 Jan 2024/ Saldo akhir
Beginning 31 Des 2024/
balance Penambahan/ Pengurangan/ Ending balance
Jan 1, 2024 Addition Disposal Dec 31, 2024
Biaya perolehan aset hak guna Acquistion cost of right-of-use assets
Bangunan 2.466.176 741.988 388.159 2.820.005 Buildings
Kendaraan bermotor 640.898 30.618 268.686 402.830 Motor vehicles
Perlengkapan kantor 132.120 9.298 18.093 123.325 Furnitures and fixtures
3.239.194 781.904 674.938 3.346.160
Akumulasi penyusutan aset hak guna Accumulated depreciation of right-
of-use assets
Bangunan 1.150.454 810.520 457.346 1.503.628 Buildings
Kendaraan bermotor 214.112 168.926 73.052 309.986 Motor vehicles
Perlengkapan kantor 20.778 23.338 2.564 41.552 Furnitures and fixtures
1.385.344 1.002.784 532.962 1.855.166
Nilai buku - Neto 1.853.850 1.490.994 Book value - Net
Tabel berikut menyajikan beban hak guna yang The following table presents the right-of-use
dilaporkan dalam laporan laba rugi konsolidasian: expenses reported in the consolidated statements of
profit or loss:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31, 2025
Beban penyusutan
aset hak guna/ Beban bunga atas
Depreciation liabilitas sewa/
expense of right- Interest expense
of-use assets of lease liabilities
Bangunan 591.858 14.503 Building
Kendaraan bermotor 120.625 14.937 Motor vehicles
Komputer dan mesin*) 1.770 - Computers and machineries*)
Perlengkapan kantor 29.362 3.508 Furnitures and fixtures
Total 743.615 32.948 Total
*) Termasuk software *) Include software
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31, 2024
Beban penyusutan
aset hak guna/ Beban bunga atas
Depreciation liabilitas sewa/
expense of right- Interest expense
of-use assets of lease liabilities
Bangunan 810.520 10.174 Building
Kendaraan bermotor 168.926 21.477 Motor vehicles
Perlengkapan kantor 23.338 1.217 Furnitures and fixtures
Total 1.002.784 32.868 Total
202
Page 1177
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TETAP (lanjutan) 16. PREMISES AND EQUIPMENT (continued)
Rata-rata masa sewa berdasarkan kontrak yang The average lease period based on the contract
dimiliki BRI adalah lebih dari 2 (dua) tahun. owned by BRI is more than 2 (two) years.
Jumlah penyusutan aset tetap yang dibebankan Depreciation expense of premises and equipment
pada laporan laba rugi dan penghasilan charged to the consolidated statement of profit or loss
komprehensif lain konsolidasian adalah sebesar and other comprehensive income amounting to
Rp5.869.384 dan Rp5.843.344 masing-masing Rp5,869,384 and Rp5,843,344 for the years ended
untuk tahun yang berakhir pada tanggal-tanggal December 31, 2025 and 2024, respectively (Note 36).
31 Desember 2025 dan 2024 (Catatan 36).
BRI dan entitas anak telah mengasuransikan aset BRI and its subsidiaries insured its premises and
tetap (tidak termasuk hak atas tanah dan satelit) equipment (excluding landrights and satellite) from
untuk menutup kemungkinan kerugian terhadap losses due to risks of fire, theft, vandalism, force
risiko kebakaran, pencurian, vandalisme, force majeur, and others to PT BRI Asuransi Indonesia
majeur dan lain-lain kepada PT BRI Asuransi (BRI Insurance) (Subsidiary entity), PT Askrindo,
Indonesia (BRI Insurance) (Entitas Anak), PT Asuransi Tri Pakarta, PT Asuransi Wahana Tata,
PT Askrindo, PT Asuransi Tri Pakarta, PT Asuransi PT Asuransi Sinar, PT Asuransi Sahabat Artha
Wahana Tata, PT Asuransi Sinar, PT Asuransi Proteksi, and MS Amlin Marine MV with coverage
Sahabat Artha Proteksi, dan MS Amlin Marine MV amount Rp25,610,422 and Rp21,121,231 for the
dengan nilai pertanggungan seluruhnya sebesar years ended December 31, 2025 and 2024
Rp25.610.422 dan Rp21.121.231 masing-masing respectively.
untuk tahun yang berakhir pada tanggal-tanggal
31 Desember 2025 dan 2024.
BRI telah mengasuransikan aset tetap satelit BRI insured its satellites to PT BRI Asuransi
kepada PT BRI Asuransi Indonesia (BRI Insurance) Indonesia (BRI Insurance) (Subsidiary) on December
(Entitas Anak) dengan nilai pertanggungan 31, 2025 and 2024 with full coverage amounted to
seluruhnya pada tanggal 31 Desember 2025 dan Rp1,544,032 and Rp1,746,226 in which the
2024 masing-masing sebesar Rp1.544.032 dan insurance policies mature on June 19, 2026 and
Rp1.746.226, masing-masing polis asuransi 2025, respectively.
tersebut berakhir pada tanggal 19 Juni 2026 dan
2025.
Tidak ada aset tetap yang dimiliki BRI dan entitas As of December 31, 2025 and 2024 there are no
anak yang dijadikan jaminan pada tanggal-tanggal premises and equipment owned by BRI and its
31 Desember 2025 dan 2024. subsidiaries which are pledged as collateral.
Nilai tercatat bruto aset tetap yang telah The gross carrying value of premises and equipments
terdepresiasi penuh, namun masih digunakan oleh that have been fully depreciated but still used by BRI
BRI adalah masing-masing sebesar Rp12.413.792 amounted to Rp12,413,792 and Rp10,793,958 as of
dan Rp10.793.958 pada tanggal 31 Desember 2025 December 31, 2025 and 2024, respectively.
dan 2024.
Pada tanggal 1 April 2016, BRI mengubah kebijakan On April 1, 2016, BRI changed its accounting policy
akuntansi untuk pengukuran hak atas tanah menjadi for landrights measurement from cost method to
model revaluasian dari sebelumnya menggunakan revaluation method.
model biaya.
203
Page 1178
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TETAP (lanjutan) 16. PREMISES AND EQUIPMENT (continued)
Penilaian dilakukan berdasarkan POJK The valuation is performed based on
No. 28/POJK.04/2021 tanggal 30 Desember 2021 POJK No. 28/POJK.04/2021 dated December 30,
tentang “Penyajian Laporan Penilaian Properti di 2021 regarding “Presentation of Property Appraisal
Pasar Modal” dan Standar Penilaian Indonesia, Reports in the Capital Market” and Indonesian
ditentukan berdasarkan transaksi pasar terkini dan Appraisal Standards, determined based on the
dilakukan dengan ketentuan-ketentuan yang lazim. current market transactions and carried out under
Metode penilaian yang dipakai adalah metode data customary conditions. The valuation methods used
pasar dan metode biaya. are market data method and cost method.
Penilaian atas tanah dilakukan oleh penilai The valuation of landrights is performed by external
independen eksternal sebagai berikut: independent appraiser, as follows:
1. KJPP Anas Karim Rivai dan Rekan, 1. KJPP Anas Karim Rivai and Partners, with report
dengan laporan No.00676/2.0030-00/PI/07/ No. 00676/2.0030-00/PI/07/0067/1/IX/2025
0067/1/IX/2025 tanggal 29 September 2025 dated September 29, 2025 amounting to
sebesar Rp1.804.384 ditandatangani oleh Anas Rp1,804,384 signed by Anas Karim Rivai.
Karim Rivai.
2. KJPP Sih Wiryadi dan Rekan, dengan laporan 2. KJPP Sih Wiryadi and Partners, with report
No. 00422/2.0013-00/PI/07/0109/1/IX/2025 No. 00422/2.0013-00/PI/07/0109/1/IX/2025
tanggal 29 September 2025 sebesar dated September 29, 2025 amounting to
Rp2.142.235 ditandatangani oleh Sih Wiryadi. Rp2,142,235 signed by Sih Wiryadi.
3. KJPP Sapto, Kasmodiard dan Rekan, dengan 3. KJPP Sapto, Kasmodiard and Partners, with
laporan No. 01588/2.0084-00/PI/07/0274/1/IX/ report No. 01588/2.0084-00/PI/07/0274/1/IX/
2025 tanggal 29 September 2025 sebesar 2025 dated September 29, 2025 amounting to
Rp10.225.991 ditandatangani oleh Sapto Haji. Rp10,225,991 signed by Sapto Haji.
4. KJPP Firdaus, Ali dan Rekan, dengan laporan 4. KJPP Firdaus, Ali, and Partners, with report No.
No. 00246/2.0134-00/PI/07/0071/1/IX/2025 00246/2.0134-00/PI/07/0071/1/IX/2025 dated
tanggal 29 September 2025 sebesar September 29, 2025, amounting to Rp1,499,838
Rp1.499.838 ditandatangani oleh M. Firdaus signed by M. Firdaus Asriadin.
Asriadin.
5. KJPP Benedictus Darmapuspita dan Rekan, 5. KJPP Benedictus Darmapuspita and Partners,
dengan laporan No. 00329/2.0103-00/PI/07/ with report No. 00329/2.0103-00/PI/07/0121/1/
0121/1/IX/2025 tanggal 29 September 2025 IX/2025 dated September 29, 2025 amounting to
sebesar Rp2.730.137 ditandatangani oleh Rp2,730,137 signed by Benny Supriyanto.
Benny Supriyanto.
6. KJPP Budi, Edy, Saptono dan Rekan, 6. KJPP Budi, Edy, Saptono and Partners, with
dengan laporan No. 00174/2.0033-00/PI/07/ report No. 00174/2.0033-00/PI/07/0470/1/IX/
0470/1/IX/2025 tanggal 29 September 2025 2025 dated September 29, 2025 amounting to
sebesar Rp1.346.606 ditandatangani oleh Rp1,346,606 signed by Suryani Siregar.
Suryani Siregar.
204
Page 1179
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TETAP (lanjutan) 16. PREMISES AND EQUIPMENT (continued)
Penilaian atas tanah dilakukan oleh penilai The valuation of landrights is performed by external
independen eksternal sebagai berikut (lanjutan): independent appraiser, as follows (continued):
7. KJPP Muttaqin, Bambang, Purwanto, Rozak, 7. KJPP Muttaqin, Bambang, Purwanto, Rozak,
Uswatun (MBPRU) dan Rekan, Uswatun (MBPRU) and Partners, with report No.
dengan laporan No. 01088/2.0027-00/PI/07/ 01088/2.0027-00/PI/07/0196/1/IX/2025 dated
0196/1/IX/2025 tanggal 29 September 2025 September 29, 2025 amounting Rp1,649,385
sebesar Rp1.649.385 ditandatangani oleh signed by Muhammad A. Muttaqin.
Muhammad A. Muttaqin.
8. KJPP Abdullah Fitriantoro dan Rekan, dengan 8. KJPP Abdullah Fitriantoro and Partners, with
laporan No. 00372/2.0051-00/PI/07/0152/1/IX/ report No. 00372/2.0051-00/PI/07/0152/1/IX/
2025 tanggal 29 September 2025 sebesar 2025 dated September 29, 2025 amounting to
Rp1.186.543 ditandatangani oleh Abdullah Rp1,186,543 signed by Abdullah Fitriantoro.
Fitriantoro.
9. KJPP Aditya Iskandar dan Rekan, 9. KJPP Aditya Iskandar and Partners, with report
dengan laporan No. 00460/2.0003-00/PI/07/ No. 00460/2.0003-00/PI/07/0023/1/IX/2025
0023/1/IX/2025 tanggal 25 September 2025 dated September 25, 2025 amounting to
sebesar Rp1.427.811 ditandatangani oleh Rp1,427,811 signed by Aditya Iskandar.
Aditya Iskandar.
Kenaikan nilai tercatat yang timbul dari penilaian The increase in the carrying value arising from the
kembali atas hak atas tanah BRI (Entitas induk) revaluation of BRI’s (Parent entity) landrights on
pada tanggal 1 April 2025 sebesar Rp22.372 dicatat April 1, 2025 amounted to Rp22,372 was recognized
sebagai “Surplus Revaluasi Aset Tetap” dan as a "Revaluation Surplus arising from Premises and
disajikan dalam penghasilan komprehensif lain Equipment" and presented in other comprehensive
sebesar Rp9.153, sedangkan penurunan nilai income amounted to Rp9,153 while the decrease in
tercatat yang timbul dari penilaian kembali sebesar carrying value arising from the revaluation amounted
Rp13.219 diakui dalam laporan laba rugi periode to Rp13,219 was recognized in the statement of profit
berjalan. Nilai wajar hak atas tanah termasuk pada or loss for the period. The fair value of landrights is
hierarki nilai wajar level 2. included in the level 2 fair value hierarchy.
Pada tanggal 31 Desember 2025 dan 2024, Entitas As of December 31, 2025 and 2024, the subsidiaries
anak melakukan revaluasi aset kepemilikan revaluated its direct ownership assets for land rights
langsung untuk hak atas tanah dengan peningkatan with increase in valuation of Rp522,719 and Rp9,670
masing-masing sebesar Rp522.719 dan Rp9.670 respectively, recognized as a "Revaluation Surplus
yang dicatat dalam “Surplus Revaluasi Aset Tetap” arising from Premises and Equipment" and presented
dan disajikan dalam penghasilan komprehensif lain. in other comprehensive income.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024 if the landrights
2024, jika tanah diukur menggunakan model biaya, were measured using the cost method, the carrying
nilai tercatatnya masing-masing adalah sebesar values would be Rp14,780,582 and Rp14,593,406,
Rp14.780.582 dan Rp14.593.406. respectively.
BRI dan entitas anak tidak memiliki aset tetap yang BRI and its subsidiaries do not have premises and
tidak terpakai sementara, tidak memiliki aset tetap equipment that are temporarily not being used, do not
yang dihentikan dari penggunaan aktif, dan aset have premises and equipment that are discontinued
tetap yang diklasifikasikan sebagai tersedia untuk from active use and not classified as available for sale
dijual pada tanggal-tanggal 31 Desember 2025 dan as of December 31, 2025 and 2024.
2024.
205
Page 1180
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TETAP (lanjutan) 16. PREMISES AND EQUIPMENT (continued)
Rincian aset dalam penyelesaian, adalah sebagai Details of assets in progress are as follows:
berikut:
31 Desember 2025/December 31, 2025
Persentase Estimasi
Akumulasi penyelesaian/ penyelesaian/
biaya/ Cost Completion Estimated Date
accumulation percentage of Completion
Bangunan dalam penyelesaian: Building in progress:
Kawasan IT Ragunan 645.482 79,44% Apr/Apr 2026 Ragunan IT Area
Kawasan IT Tabanan 140.529 65,36%% Apr/Apr 2026 Tabanan IT Area
Kantor Cabang BRI Bangko 24.400 80,00% Mei/May 2026 BRI Bangko Branch Office
Kantor Cabang BRI Sinjai 24.000 80,00% Apr/Apr 2026 BRI Sinjai Branch Office
Kantor Cabang Samarinda 21.080 80,00% Jun/Jun 2026 BRI Samarinda Branch Office
Lain-lain 926.538 Beragam/Various% Beragam/Various Others
1.782.029
Software dalam penyelesaian: Software in progress:
Pengadaan Infrastruktur Procurement of New Data
New Data Center IT 388.415 62.65%% Des/Dec 2026 Center IT Infrastructure
Pengadaan Peningkatan Kapasitas Procurement of Capacity
& Performance SAP BRIFIRST 316.957 77,53% Des/Dec 2028 & Performance SAP BRIFIRST
Pengadaan Network Procurement of Network
Access Control (NAC) 125.181 95,85% Jun/Jun 2026 Access Control (NAC)
Pengadaan Konsultan Modernisasi Procurement of Credit Card Modern-
Kartu Kredit & Acquiring 96.688 81,25% Jun/Jun 2026 ization & Acquiring Consultant
Pengadaan Enhancement GTI Electrical System
Sistem Kelistrikan GTI 83.055 67,36% Jun/Jun 2026 Enhancement Procurement
Lain-lain 500.989 Beragam/Various Beragam/Various Others
1.511.285
Hardware dalam penyelesaian 86.037 Beragam/Various Beragam/Various Hardware in progress
Total 3.379.351 Total
31 Desember 2024/December 31, 2024
Persentase Estimasi
Akumulasi penyelesaian/ penyelesaian/
biaya/ Cost Completion Estimated Date
accumulation percentage of Completion
Bangunan dalam penyelesaian: Building in progress:
Kawasan IT Ragunan 194.197 23,00% Apr/Apr 2026 Ragunan IT Area
Kawasan IT Tabanan 64.920 30,00% Feb/Feb 2025 Tabanan IT Area
Menara BRI Semarang 63.893 30,00%% Jul/Jul 2025 BRI Tower Semarang
Kantor Cabang S. Parman 37.877 90,00% Mar/Mar 2025 S. Parman Branch Office
Kantor Cabang BRI Demak 32.175 92,00%% Mar/Mar 2025 BRI Demak Branch Office
Lain-lain 829.292 Beragam/Various Beragam/Various Others
1.222.354
Software dalam penyelesaian: Software in progress:
Pengadaan Konsultan IT-Fase Procurement of IT Consultant-
Implementasi Product 363.796 95,00%% Jan/Jan 2025 Product Implementation Phase
Pengadaan Infrastruktur Procurement of New Data
New Data Center IT 190.525 31,00%% Des/Dec 2026 Center IT Infrastructure
Pengadaan Peningkatan Kapasitas Procurement of Capacity
& Performance SAP BRIFIRST 106.209 26,00%% Des/Dec 2028 & Performance SAP BRIFIRST
Pengadaan Rubrik Security Procurement of Rubric
Cloud (RSC) 104.670 97,00%% Jun/Jun 2027 Security Cloud (RSC)
Pengadaan Konsultan Modernisasi Procurement of Credit Card Modern-
Kartu Kredit & Acquiring 76.160 64,00%% Okt/Oct 2025 ization & Acquiring Consultant
Lain-lain 589.085 Beragam/Various Beragam/Various Others
1.430.445
Hardware dalam penyelesaian 778.959 Beragam/Various Beragam/Various Hardware in progress
Total 3.431.758 Total
206
Page 1181
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET TETAP (lanjutan) 16. PREMISES AND EQUIPMENT (continued)
Manajemen berpendapat bahwa tidak terdapat Management believes that there is no impairment of
penurunan nilai aset tetap selain yang disebutkan di premises and equipments and the amount of
atas dan jumlah nilai pertanggungan asuransi cukup insurance coverage is adequate to cover the risk of
untuk menutup risiko kerugian yang mungkin timbul loss that may arise on the premises and equipments
atas aset tetap pada tanggal-tanggal 31 Desember as of December 31, 2025 and 2024.
2025 dan 2024.
17. PROPERTI INVESTASI DAN ASET LAIN-LAIN 17. INVESTMENT PROPERTY AND OTHER ASSETS
a) Properti investasi a) Investment property
Properti investasi adalah properti (tanah atau Investment properties are defined as property
bangunan atau bagian dari suatu bangunan (land or a building or part of a building or both)
atau kedua-duanya) yang dikuasai oleh entitas held by subsidiries for the purpose of which is to
anak untuk menghasilkan rental atau untuk earn a rental income or for capital appreciation
kenaikan nilai atau kedua-duanya, dan tidak or both, rather than for use in the production or
untuk digunakan dalam produksi atau supply of goods or services or for administrative
penyediaan barang atau jasa atau untuk tujuan purposes or sale in the ordinary course of
administratif atau dijual dalam kegiatan usaha business.
sehari-hari.
Nilai wajar dari properti investasi pada tanggal The fair value of investment properties as of
31 Desember 2025 dan 2024 masing-masing December 31, 2025 and 2024, amounted to
sebesar Rp19.115 dan Rp197.380, Rp19,115 and Rp197,380, respectively, which
berdasarkan perhitungan laporan penilai was based on the report of independent
independen Kantor Jasa Penilai Publik (KJPP) appraisal Kantor Jasa Penilai Publik (KJPP)
Muttaqin Bambang Purwanto Rozak Uswatun Muttaqin Bambang Purwanto Rozak Uswatun &
& Rekan, KJPP Dasa’at, Yudistira & Rekan dan Rekan, KJPP Dasa’at, Yudistira & Rekan and
KJPP Karmanto & Rekan. KJPP Karmanto & Rekan.
Entitas anak menyajikan nilai wajar atas The subsidiaries present the fair value of the
properti investasi berdasarkan hierarki nilai investment property based on fair value hierarcy
wajar tingkat 2. level 2.
Metode yang digunakan untuk penilaian Method used for valuation of investment
properti investasi adalah pendekatan pasar properties is market approach and/or cost
(market approach) dan/atau pendekatan biaya approach in valuing the land, building, and
(cost approach) untuk menilai tanah, apartement unit.
bangunan, dan unit apartemen.
Perubahan dalam properti investasi adalah Movements of investment in properties are as
sebagai berikut: follows:
31 Desember 2025/ 31 Desember 2024*)/
December 31, 2025 December 31, 2024*)
Saldo awal tahun 197.380 199.635 Beginning balance
Penyesuaian nilai wajar Fair value adjustment on
properti investasi (178.265) (2.255) investment property
Total 19.115 197.380 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
207
Page 1182
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
17. PROPERTI INVESTASI DAN ASET LAIN-LAIN 17. INVESTMENT PROPERTY AND OTHER ASSETS
(lanjutan) (continued)
b) Aset lain-lain b) Other assets
Aset lain-lain terdiri atas: Other assets consist of:
31 Desember 2025/ 31 Desember 2024*)/
December 31, 2025 December 31, 2024*)
Rupiah Rupiah
Biaya dibayar dimuka 8.544.805 10.906.161 Prepaid expense
Piutang bunga: Interest receivables:
Usaha gadai 4.088.907 2.941.973 Pawn business
Efek-efek 3.642.024 2.860.232 Securities
Lain-lain 586.134 327.191 Others
Prepaid tax related to
Uang muka pajak terkait PPh Badan 6.305.887 1.089.287 Corporate Income Tax
Tagihan kepada Pemerintah terkait Receivables from government related
pemberian KUR 4.486.293 1.904.023 to KUR disbursement
Beban yang ditangguhkan untuk Deferred expense for
pinjaman pekerja (Catatan 11) 4.148.213 4.747.556 Employee loan (Note 11)
Piutang lain-lain 3.468.595 1.996.023 Other receivables
Reasuransi kontrak aset 3.274.458 2.699.409 Reinsurance contract assets
Aset deposito emas 3.271.908 - Gold deposit asset
Persediaan emas 2.754.108 1.279.747 Gold inventories
Tagihan terkait dengan transaksi Receivables related to ATM
ATM dan kartu kredit 2.321.585 1.744.804 and credit card transaction
Aset atas sewa operasi - neto 885.545 900.623 Assets under operating lease - net
Uang muka pajak terkait PPh 21 811.612 879.222 Prepaid tax related to Income Tax Art 21
Persekot intern 223.948 111.172 Internal advance
Kas yang dibatasi penggunaannya 148.133 151.600 Restricted cash in bank
Premises and equipment not yet
Aset tetap belum didistribusikan 140.439 41.319 distributed
Agunan yang diambil alih 101.678 102.880 Foreclosed collaterals
Setoran jaminan 55.350 53.664 Guarantee deposits
Lain-lain 4.352.855 3.184.974 Others
53.612.477 37.921.860
Mata uang asing Foreign currency
Piutang bunga: Interest receivables:
Efek-efek 1.116.363 1.034.290 Securities
Lain-lain 301.080 192.426 Other
Term deposit valas devisa Foreign currency term deposit for
hasil ekspor (TD Valas DHE) exchange foreign proceeds
Bank Indonesia 341.838 333.971 of export Bank Indonesia
Lain-lain 244.166 841.677 Others
2.003.447 2.402.364
Total 55.615.924 40.324.224 Total
Dikurangi cadangan penurunan nilai (1.079.658) (1.152.352) Less allowance for impairment losses
Neto 54.536.266 39.171.872 Net
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
208
Page 1183
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
18. LIABILITAS SEGERA 18. LIABILITIES DUE IMMEDIATELY
Liabilitas segera terdiri atas: Liabilities due immediately consist of:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
Titipan pembayaran dividen 20.633.740 20.338.300 Dividend payment deposits
Titipan advance payment 5.957.166 5.913.773 Advance payment deposits
Titipan kerja sama pihak ketiga 1.605.401 915.396 Third parties cooperation deposits
Titipan ATM dan kartu kredit 987.789 814.138 ATM and credit card deposits
Titipan biaya operasional jaringan 886.621 381.481 Network operating cost deposit
Utang kepada nasabah 750.004 419.479 Debt to customers
Titipan dana pihak ketiga 748.288 487.993 Third parties funding deposits
Titipan uang elektronik 614.422 564.013 Electronic money deposits
Titipan setoran pajak 605.977 809.434 Tax payment deposits
Titipan asuransi 295.452 227.242 Insurance deposits
Titipan biaya outsourcing 145.194 140.347 Outsourcing fee deposits
Lain-lain 5.445.546 5.167.223 Others
38.675.600 36.178.819
Mata uang asing Foreign currency
Titipan remittance 619.939 289.959 Remitance deposits
Titipan setoran pajak 226.812 151.402 Tax payment deposits
Titipan dana pihak ketiga 60.189 47.247 Third parties funding deposits
Titipan advance payment 41.733 44.123 Advance payment deposits
Titipan ATM dan kartu kredit 5.382 - ATM and credit card deposits
Lain-lain 189.090 110.111 Others
1.143.145 642.842
Total 39.818.745 36.821.661 Total
19. GIRO 19. DEMAND DEPOSITS
Giro terdiri atas: Demand deposits consist of:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah 133.195.674 125.234.303 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 3.747.299.105 62.486.213 6.828.445.495 109.903.830 United States Dollar
Euro Eropa 32.183.235 629.872 16.693.329 279.749 European Euro
Yen Jepang 3.082.034.096 328.237 2.514.257.926 259.044 Japanese Yen
Renminbi 122.328.690 291.754 203.061.964 447.750 Renminbi
Dirham Uni Emirat Arab 26.560.641 120.599 33.321.977 146.020 United Arab Emirates Dirham
Dolar Taiwan Baru 192.736.496 102.341 51.920.252 25.489 New Taiwan Dollar
Dolar Singapura 5.909.007 76.611 4.022.852 47.649 Singaporean Dollar
Dolar Hong Kong 8.987.036 19.253 8.169.855 16.937 Hong Kong Dollar
Pound Sterling Inggris 511.152 11.470 93.231 1.885 Great Britain Pound Sterling
Riyal Arab Saudi 2.210.677 9.830 14.013.377 60.033 Saudi Arabian Riyal
Dolar Australia 865.069 9.647 2.123.116 21.260 Australian Dollar
Ringgit Malaysia 2.490 10 2.490 9 Malaysian Ringgit
64.085.837 111.209.655
197.281.511 236.443.958
209
Page 1184
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. GIRO (lanjutan) 19. DEMAND DEPOSITS (continued)
Giro terdiri atas (lanjutan): Demand deposits consist of (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah 132.560.910 75.606.841 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 7.076.019.011 117.992.617 3.845.937.787 61.900.368 United States Dollar
Dolar Singapura 13.375.147 173.409 12.951.350 153.403 Singaporean Dollar
Euro Eropa 6.962.190 136.260 22.684.350 380.147 European Euro
Yen Jepang 531.876.837 56.645 660.367.033 68.038 Japanese Yen
Renminbi 632.925 1.510 632.260 1.394 Renminbi
Pound Sterling Inggris 36.024 808 9.424 191 Great Britain Pound Sterling
118.361.249 62.503.541
250.922.159 138.110.382
Total 448.203.670 374.554.340 Total
Giro yang dijadikan jaminan atas fasilitas perbankan Demand deposits used as collateral for banking
yang diberikan oleh BRI dan entitas anak adalah facilities granted by BRI and subsidiaries amounted
masing-masing sebesar Rp797.343 dan Rp624.144 to Rp797,343 and Rp624,144 as of December 31,
pada tanggal-tanggal 31 Desember 2025 dan 2024. 2025 and 2024 respectively.
20. TABUNGAN 20. SAVING DEPOSITS
Tabungan terdiri atas: Saving deposits consist of:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah Rupiah
Simpedes 322.819.385 323.947.506 Simpedes
Britama 243.181.372 203.608.262 Britama
Lain-lain 11.528.182 10.314.729 Others
577.528.939 537.870.497
Mata uang asing Foreign currency
Britama Britama
Dolar Amerika Serikat 269.639.533 4.496.239 218.579.951 3.518.045 United States Dollar
Yen Jepang 21.915.941.990 2.334.048 23.335.190.316 2.404.225 Japanese Yen
Dolar Singapura 57.007.599 739.106 7.905.130 93.633 Singaporean Dollar
Euro Eropa 14.352.765 280.904 8.396.159 140.704 European Euro
Dolar Australia 4.428.701 49.390 2.276.961 22.800 Australian Dollar
Dolar Taiwan Baru 79.292.170 42.103 18.397.529 9.032 New Taiwan Dollar
Dirham Uni Emirat Arab 6.879.087 31.234 3.244.510 14.218 United Arab Emirates Dirham
Renminbi 12.904.012 30.776 21.245.557 46.846 Renminbi
Pound Sterling Inggris 588.147 13.198 690.737 13.966 Great Britain Pound Sterling
Ringgit Malaysia 2.220.892 9.124 379.550 1.366 Malaysian Ringgit
Riyal Arab Saudi 961.092 4.273 1.371.029 5.873 Saudi Arabian Riyal
Dolar Hong Kong 242.044 519 172.748 358 Hong Kong Dollar
Baht Thailand 148.392 79 79.473 37 Thailand Baht
Won Korea Selatan 352.006 4 227.799 2 South Korean Won
210
Page 1185
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. TABUNGAN (lanjutan) 20. SAVING DEPOSITS (continued)
Tabungan terdiri atas (lanjutan): Saving deposits consist of (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing (lanjutan) Foreign currency (continued)
Lain-lain Others
Dolar Amerika Serikat 705 12 30.388 489 United States Dollar
8.031.009 6.271.594
585.559.948 544.142.091
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Britama 1.957.933 207.531 Britama
Simpedes 21.247 10.086 Simpedes
Lain-lain 34.146 50.047 Others
2.013.326 267.664
Mata uang asing Foreign currency
Britama Britama
Dolar Amerika Serikat 731.000 12.189 981.846 15.804 United States Dollar
Pound Sterling Inggris 4.584 103 2.384 48 Great Britain Pound Sterling
Euro Eropa 5.052 99 5.021 84 European Euro
Dolar Singapura 7.140 93 8.061 95 Singaporean Dollar
Yen Jepang 599.356 64 10.875.122 1.120 Japanese Yen
Ringgit Malaysia 5.112 21 1.884 7 Malaysian Ringgit
Riyal Arab Saudi 3.990 18 6.168 26 Saudi Arabian Riyal
Renminbi 503 1 237 1 Renminbi
Baht Thailand - 14.980 7 Thailand Baht
12.588 17.192
2.025.914 284.856
Total 587.585.862 544.426.947 Total
Tabungan yang dijadikan jaminan atas fasilitas Saving deposits used as collateral for banking
perbankan yang diberikan oleh BRI dan entitas anak facilities granted by BRI and subsidiaries amounted
adalah masing-masing sebesar Rp443.024 dan to Rp443,024 and Rp152,900 as of December 31,
Rp152.900 pada tanggal-tanggal 31 Desember 2025 and 2024 respectively.
2025 dan 2024.
21. DEPOSITO BERJANGKA 21. TIME DEPOSITS
Deposito berjangka terdiri atas: Time deposits consist of:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah 250.287.893 297.390.673 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 1.637.050.767 27.297.822 1.842.930.774 29.661.973 United States Dollar
Dolar Taiwan Baru 699.800.393 371.584 727.074.778 356.939 New Taiwan Dollar
Renminbi 74.828.294 178.465 74.653.066 164.609 Renminbi
Dolar Singapura 11.652.589 151.076 10.904.806 129.163 Singaporean Dollar
Dolar Australia 7.504.731 83.695 7.786.002 77.965 Australian Dollar
Euro Eropa 271.569 5.315 481.878 8.075 European Euro
211
Page 1186
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. DEPOSITO BERJANGKA (lanjutan) 21. TIME DEPOSITS (continued)
Deposito berjangka terdiri atas: Time deposits consist of:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing (lanjutan) Foreign currency (continued)
Pound Sterling Inggris 50.329 1.129 726.437 14.687 Great Britain Pound Sterling
Riyal Arab Saudi 25.701 114 5.013 21 Saudi Arabian Riyal
Yen Jepang 1.034.955 110 150.000 15 Japanese Yen
28.089.310 30.413.447
278.377.203 327.804.120
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah 143.248.838 104.406.122 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 565.410.383 9.428.218 885.900.885 14.258.575 United States Dollar
Yen Jepang 450.000 48 - Japanese Yen
9.428.266 14.258.575
152.677.104 118.664.697
Total 431.054.307 446.468.817 Total
Deposito berjangka berdasarkan periode kontrak Time deposits based on their contractual periods are
adalah sebagai berikut: as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
Deposits on call 7.046.914 6.962.874 Deposits on call
Deposito Deposits
1 bulan 53.245.544 51.995.422 1 month
3 bulan 163.958.295 192.809.465 3 months
6 bulan 14.773.711 33.958.654 6 months
12 bulan 10.589.872 10.891.245 12 months
Lebih dari 12 bulan 673.557 773.013 More than 12 months
250.287.893 297.390.673
Mata uang asing Foreign currency
Deposits on call - 83.903 Deposits on call
Deposito Deposits
1 bulan 14.254.127 9.888.829 1 month
3 bulan 9.016.225 16.719.631 3 months
6 bulan 625.072 1.266.400 6 months
12 bulan 3.966.515 2.244.837 12 months
Lebih dari 12 bulan 227.371 209.847 More than 12 months
28.089.310 30.413.447
278.377.203 327.804.120
212
Page 1187
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. DEPOSITO BERJANGKA (lanjutan) 21. TIME DEPOSITS (continued)
Deposito berjangka berdasarkan periode kontrak Time deposits based on their contractual periods are
adalah sebagai berikut (lanjutan): as follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak berelasi (Catatan 44) Related parties (Notes 44)
Rupiah Rupiah
Deposits on call 4.115.350 1.943.030 Deposits on call
Deposito Deposits
1 bulan 15.627.585 18.335.372 1 month
3 bulan 56.219.820 63.128.726 3 months
6 bulan 66.497.968 20.382.959 6 months
12 bulan 784.788 605.209 12 months
Lebih dari 12 bulan 3.327 10.826 More than 12 months
143.248.838 104.406.122
Mata uang asing Foreign currency
Deposits on call 16.675 162.027 Deposits on call
Deposito Deposits
1 bulan 5.626.635 6.734.202 1 month
3 bulan 2.235.059 4.609.687 3 months
6 bulan 506.163 1.985.712 6 months
12 bulan 1.043.734 726.709 12 months
Lebih dari 12 bulan - 40.238 More than 12 months
9.428.266 14.258.575
152.677.104 118.664.697
Total 431.054.307 446.468.817 Total
Deposito berjangka yang dijadikan jaminan atas Time deposits used as collateral for banking facilities
fasilitas perbankan yang diberikan oleh BRI dan granted by BRI and subsidiaries amounted to
entitas anak adalah sebesar Rp94.745 dan Rp94,745 and Rp77,634 as of December 31, 2025
Rp77.634 pada tanggal-tanggal 31 Desember 2025 and 2024.
dan 2024.
22. SIMPANAN DARI BANK LAIN DAN LEMBAGA 22. DEPOSITS FROM OTHER BANKS AND OTHER
KEUANGAN LAIN FINANCIAL INSTITUTIONS
Simpanan dari bank lain dan lembaga keuangan lain Deposits from other banks and other financial
terdiri atas: institutions consist of:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah Rupiah
Inter-bank call money 7.402.000 3.435.000 Inter-bank call money
Giro 2.383.415 2.096.321 Demand deposits
Deposit On Call 750.000 - Deposit On Call
Deposito berjangka 500.090 624.984 Time deposits
Tabungan 5.619 6.185 Saving deposits
11.041.124 6.162.490
213
Page 1188
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SIMPANAN DARI BANK LAIN DAN LEMBAGA 22. DEPOSITS FROM OTHER BANKS AND OTHER
KEUANGAN LAIN (lanjutan) FINANCIAL INSTITUTIONS (continued)
Simpanan dari bank lain dan lembaga keuangan lain Deposits from other banks and other financial
terdiri atas (lanjutan): institutions consist of (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 29.307.427 488.701 259.212.592 4.172.026 Inter-bank call money
Deposito berjangka 169.500.000 2.826.413 151.000.000 2.430.345 Time deposits
Giro 99.608.610 1.660.973 44.084.669 709.543 Demand deposits
Deposito on call 12.500.000 208.438 3.000.000 48.285 Deposits on call
5.184.525 7.360.199
Euro Eropa European Euro
Giro - 127 2 Demand deposits
- 2
16.225.649 13.522.691
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Giro 38.958 12.872 Demand deposits
Deposito berjangka 43 42 Time deposits
39.001 12.914
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 80.000.000 1.334.000 71.000.000 1.142.745 Inter-bank call money
Giro 167.072 2.786 70.312 1.132 Demand deposits
1.336.786 1.143.877
1.375.787 1.156.791
Total 17.601.436 14.679.482 Total
214
Page 1189
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SIMPANAN DARI BANK LAIN DAN LEMBAGA 22. DEPOSITS FROM OTHER BANKS AND OTHER
KEUANGAN LAIN (lanjutan) FINANCIAL INSTITUTIONS (continued)
Klasifikasi jangka waktu simpanan dari bank lain dan The classification of deposits from other banks and
lembaga keuangan lain berdasarkan sisa umur other financial institutions based on their remaining
sampai dengan saat jatuh tempo adalah sebagai period to maturity are as follows:
berikut:
31 Desember 2025/December 31, 2025
> 1 bulan - > 3 bulan
3 bulan/ - 1 tahun/
< 1 bulan > 1 month 3 months >1 tahun/
< 1 month - 3 months> - 1 year > 1 year Total/Total
Pihak ketiga Third parties
Rupiah Rupiah
Inter-bank call money 7.402.000 - - - 7.402.000 Inter-bank call money
Giro 2.383.415 - - - 2.383.415 Demand deposits
Deposit On Call 750.000 - - - 750.000 Deposit On Call
Deposito Berjangka 253.515 243.575 3.000 - 500.090 Time deposits
Tabungan 5.619 - - - 5.619 Saving deposits
10.794.549 243.575 3.000 - 11.041.124
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 50.148 438.553 - - 488.701 Inter-bank call money
Deposito Berjangka 433.550 2.392.863 - - 2.826.413 Time deposits
Giro 1.660.973 - - - 1.660.973 Demand deposits
Deposit On Call 208.438 - - - 208.438 Deposit on call
2.353.109 2.831.416 - - 5.184.525
13.147.658 3.074.991 3.000 - 16.225.649
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Giro 38.958 - - - 38.958 Demand deposits
Deposito Berjangka 43 - - - 43 Time deposits
39.001 - - - 39.001
Mata Uang Asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 833.750 500.250 - - 1.334.000 Inter-bank call money
Giro 2.786 - - - 2.786 Demand deposits
836.536 500.250 - - 1.336.786
875.537 500.250 - - 1.375.787
Total 14.023.195 3.575.241 3.000 - 17.601.436 Total
215
Page 1190
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. SIMPANAN DARI BANK LAIN DAN LEMBAGA 22. DEPOSITS FROM OTHER BANKS AND OTHER
KEUANGAN LAIN (lanjutan) FINANCIAL INSTITUTIONS (continued)
Klasifikasi jangka waktu simpanan dari bank lain dan The classification of deposits from other banks and
lembaga keuangan lain berdasarkan sisa umur other financial institutions based on their remaining
sampai dengan saat jatuh tempo adalah sebagai period to maturity are as follows (continued):
berikut (lanjutan):
31 Desember 2024/December 31, 2024
> 1 bulan - > 3 bulan
3 bulan/ - 1 tahun/
< 1 bulan > 1 month 3 months >1 tahun/
< 1 month - 3 months> - 1 year > 1 year Total/Total
Pihak ketiga Third parties
Rupiah Rupiah
Inter-bank call money 2.835.000 600.000 - - 3.435.000 Inter-bank call money
Giro 2.096.321 - - - 2.096.321 Demand deposits
Deposito Berjangka 165.859 442.125 15.500 1.500 624.984 Time deposits
Tabungan 6.185 - - - 6.185 Saving deposits
5.103.365 1.042.125 15.500 1.500 6.162.490
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 3.544.321 563.325 64.380 - 4.172.026 Inter-bank call money
Deposito Berjangka - 2.430.345 - - 2.430.345 Time deposits
Giro 709.543 - - - 709.543 Demand deposits
Deposito on call 48.285 - - - 48.285 Deposits on call
4.302.149 2.993.670 64.380 - 7.360.199
Euro Eropa European Euro
Giro 2 - - - 2 Demand deposits
2 - - - 2
9.405.516 4.035.795 79.880 1.500 13.522.691
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Deposito Berjangka 42 - - - 42 Time deposits
Giro 12.872 - - - 12.872 Demand deposits
12.914 - - - 12.914
Mata Uang Asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 1.142.745 - - - 1.142.745 Inter-bank call money
Giro 1.132 - - - 1.132 Demand deposits
1.143.877 - - - 1.143.877
1.156.791 - - - 1.156.791
Total 10.562.307 4.035.795 79.880 1.500 14.679.482 Total
216
Page 1191
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. EFEK-EFEK YANG DIJUAL DENGAN JANJI 23. SECURITIES SOLD UNDER AGREEMENT TO
DIBELI KEMBALI REPURCHASE
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under agreement to repurchase
terdiri atas: consist of:
31 Desember 2025/December 31, 2025
Tanggal Nilai
Beli Kembali/ Nominal/
Tanggal Jual/ Date of Nominal Nilai Jual/ Nilai Tercatat/
Date Of Sale Repurchase Amount Sale Amount Carrying Amount
Pihak ketiga Third parties
Rupiah Rupiah
Bank Indonesia Bank Indonesia
Obligasi Korporasi Corporate Bonds
PT Sarana Multigriya PT Sarana Multigriya
Finansial (Persero) Finansial (Persero)
Tahun 2023 30 Des/ Dec 30, 2025 06 Jan/ Jan 06, 2026 5.000 4.405 4.406 Year 2023
5.000 4.405 4.406
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
FR0091 31 Des/ Dec 31, 2025 07 Jan/ Jan 07, 2026 4.000.000 3.852.166 3.852.683 FR0091
FR0086 11 Sep/ Sep 11, 2024 15 Apr/ Apr 15, 2026 2.000.000 1.917.782 1.945.622 FR0086
FR0091 31 Des/ Dec 31, 2025 05 Jan/ Jan 05, 2026 1.200.000 1.155.650 1.155.796 FR0091
FR0103 31 Des/ Dec 31, 2025 07 Jan/ Jan 07, 2026 1.100.000 1.106.384 1.106.530 FR0103
FR0086 11 Sep/ Sep 11, 2024 15 Apr/ Apr 15, 2026 1.080.000 1.002.285 1.016.835 FR0086
FR0086 14 Jul/ Jul 14, 2023 15 Apr/ Apr 15, 2026 1.150.000 1.001.549 1.015.112 FR0086
FR0090 04 Feb/ Feb 04, 2025 15 Apr/ Apr 15, 2027 1.130.850 1.000.006 1.014.674 FR0090
FR0090 06 Feb/ Feb 06, 2025 15 Apr/ Apr 15, 2027 1.069.000 999.832 1.014.455 FR0090
FR0090 21 Feb/ Feb 21, 2025 15 Apr/ Apr 15, 2027 1.059.000 999.324 1.013.507 FR0090
FR0103 31 Des/ Dec 31, 2025 07 Jan/ Jan 07, 2026 1.000.000 1.005.804 1.005.938 FR0103
FR0103 31 Des/ Dec 31, 2025 02 Jan/ Jan 02, 2026 1.000.000 1.005.804 1.005.921 FR0103
FR0090 07 Feb/ Feb 07, 2025 15 Apr/ Apr 15, 2027 1.000.000 937.255 950.962 FR0090
FR0090 19 Mei/ May 19, 2025 15 Apr/ Apr 15, 2027 1.000.000 935.250 948.218 FR0090
FR0086 11 Sep/ Sep 11, 2024 15 Apr/ Apr 15, 2026 1.000.000 904.987 918.124 FR0086
FR0104 22 Des/ Dec 22, 2025 05 Jan/ Jan 05, 2026 800.000 812.159 813.242 FR0104
FR0073 31 Des/ Dec 31, 2025 05 Jan/ Jan 05, 2026 600.000 643.791 643.872 FR0073
FR0103 31 Des/ Dec 31, 2025 07 Jan/ Jan 07, 2026 400.000 402.321 402.375 FR0103
FR0103 30 Des/ Dec 30, 2025 02 Jan/ Jan 02, 2026 400.000 401.772 401.868 FR0103
FR0091 31 Des/ Dec 31, 2025 06 Jan/ Jan 06, 2026 400.000 385.217 385.266 FR0091
FR0091 31 Des/ Dec 31, 2025 05 Jan/ Jan 05, 2026 300.000 288.912 288.949 FR0091
FR0104 23 Des/ Dec 23, 2025 23 Jan/ Jan 23, 2026 10.000 10.131 10.143 FR0104
FR0103 31 Des/ Dec 31, 2025 30 Jan/ Jan 30, 2026 10.000 10.058 10.059 FR0103
FR0103 29 Des/ Dec 29, 2025 29 Jan/ Jan 29, 2026 10.000 10.009 10.013 FR0103
FR0103 19 Des/ Dec 19, 2025 19 Jan/ Jan 19, 2026 10.000 9.989 10.006 FR0103
FR0103 17 Des/ Dec 17, 2025 19 Jan/ Jan 19, 2026 10.000 9.974 9.994 FR0103
FR0103 15 Des/ Dec 15, 2025 12 Jan/ Jan 12, 2026 10.000 9.961 9.983 FR0103
FR0103 11 Des/ Dec 11, 2025 08 Jan/ Jan 08, 2026 10.000 9.937 9.965 FR0103
FR0103 09 Des/ Dec 09, 2025 06 Jan/ Jan 06, 2026 10.000 9.920 9.950 FR0103
FR0091 16 Des/ Dec 16, 2025 13 Jan/ Jan 13, 2026 10.000 9.610 9.631 FR0091
FR0091 22 Des/ Dec 22, 2025 22 Jan/ Jan 22, 2026 10.000 9.608 9.620 FR0091
FR0091 10 Des/ Dec 10, 2025 12 Jan/ Jan 12, 2026 10.000 9.587 9.615 FR0091
21.798.850 20.867.034 21.008.928
21.803.850 20.871.439 21.013.334
217
Page 1192
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. EFEK-EFEK YANG DIJUAL DENGAN JANJI 23. SECURITIES SOLD UNDER AGREEMENT TO
DIBELI KEMBALI (lanjutan) REPURCHASE (continued)
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under agreement to repurchase
terdiri atas (lanjutan): consist of (continued):
31 Desember 2025/December 31, 2025
Tanggal Nilai
Beli Kembali/ Nominal/
Tanggal Jual/ Date of Nominal Nilai Jual/ Nilai Tercatat/
Date of Sale Repurchase Amount Sale Amount Carrying Amount
Puhak ketiga (lanjutan) Third parties (continued)
Mata uang asing Foreign currency
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
FR0086 20 Jun/ Jun 20, 2023 15 Apr/ Apr 15, 2026 900.000 905.776 914.706 FR0086
FR0086 16 Jun/ Jun 16, 2023 15 Apr/ Apr 15, 2026 900.000 877.767 886.420 FR0086
FR0086 06 Des/ Dec 06, 2021 15 Apr/ Apr 15, 2026 815.000 834.398 843.437 FR0086
2.615.000 2.617.941 2.644.563
Pihak berelasi (Catatan 44) Related parties (note 44)
Rupiah Rupiah
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
FR0103 31 Des/ Dec 31, 2025 02 Jan/ Jan 02, 2026 4.000.000 4.023.214 4.023.684 FR0103
FR0103 30 Des/ Dec 30, 2025 02 Jan/ Jan 02, 2026 250.000 251.108 251.168 FR0103
4.250.000 4.274.322 4.274.852
Total 28.668.850 27.763.702 27.932.749 Total
31 Desember 2024/December 31, 2024
Tanggal Nilai
Beli Kembali/ Nominal/
Tanggal Jual/ Date of Nominal Nilai Jual/ Nilai Tercatat/
Date Of Sale Repurchase Amount Sale Amount Carrying Amount
Pihak ketiga Third parties
Rupiah Rupiah
Bank Indonesia Bank Indonesia
Obligasi Pemerintah Government Bonds
IDSR250425364S 30 Des/ Dec 30, 2024 30 Jan/ Jan 30, 2025 500.000 488.448 488.624 IDSR250425364S
IDSR110625364S 27 Des/ Dec 27, 2024 10 Jan/ Jan 10, 2025 500.000 483.645 484.075 IDSR110625364S
IDSR130625364S 30 Des/ Dec 30, 2024 13 Jan/ Jan 13, 2025 500.000 483.716 483.888 IDSR130625364S
IDSR200625364S 23 Des/ Dec 23, 2024 20 Jan/ Jan 20, 2025 500.000 482.215 482.999 IDSR200625364S
IDSR200625364S 05 Des/ Dec 05, 2024 02 Jan/ Jan 02, 2025 500.000 480.497 482.839 IDSR200625364S
IDSR260925364S 09 Des/ Dec 09, 2024 06 Jan/ Jan 06, 2025 500.000 473.913 475.881 IDSR260925364S
FR0087 12 Des/ Dec 12, 2024 09 Jan/ Jan 09, 2025 500.000 460.945 462.609 FR0087
IDSR200625364S 27 Des/ Dec 27, 2024 10 Jan/ Jan 10, 2025 400.000 386.079 386.422 IDSR200625364S
IDSR200625364S 23 Des/ Dec 23, 2024 06 Jan/ Jan 06, 2025 400.000 385.772 386.390 IDSR200625364S
FR0056 19 Des/ Dec 19, 2024 02 Jan/ Jan 02, 2025 300.000 298.173 298.862 FR0056
IDSR070225182S 09 Des/ Dec 09, 2024 06 Jan/ Jan 06, 2025 300.000 296.514 297.745 IDSR070225182S
IDSR200625364S 17 Des/ Dec 17, 2024 14 Jan/ Jan 14, 2025 300.000 288.985 289.767 IDSR200625364S
IDSR250725364S 11 Des/ Dec 11, 2024 08 Jan/ Jan 08, 2025 300.000 286.982 288.070 IDSR250725364S
FR0095 30 Des/ Dec 30, 2024 01 Jun/ Jun 01, 2025 250.000 238.458 238.251 FR0095
FR0081 09 Des/ Dec 09, 2024 06 Jan/ Jan 06, 2025 200.000 202.049 202.888 FR0081
FR0081 11 Des/ Dec 11, 2024 08 Jan/ Jan 08, 2025 200.000 202.082 202.848 FR0081
FR0059 04 Des/ Dec 04, 2024 02 Jan/ Jan 02, 2025 200.000 191.839 192.809 FR0059
IDSR071125364S 10 Des/ Dec 10, 2024 07 Jan/ Jan 07, 2025 200.000 187.813 188.559 IDSR071125364S
FR0087 10 Des/ Dec 10, 2024 07 Jan/ Jan 07, 2025 200.000 184.227 184.959 FR0087
FR0056 23 Des/ Dec 23, 2024 06 Jan/ Jan 06, 2025 100.000 99.445 99.605 FR0056
FR0084 19 Des/ Dec 19, 2024 16 Jan/ Jan 16, 2025 100.000 98.030 98.260 FR0084
FR0059 10 Des/ Dec 10, 2024 07 Jan/ Jan 07, 2025 100.000 95.718 96.099 FR0059
FR0086 19 Des/ Dec 19, 2024 16 Jan/ Jan 16, 2025 100.000 94.102 94.323 FR0086
FR0087 04 Des/ Dec 04, 2024 02 Jan/ Jan 02, 2025 80.000 74.040 74.414 FR0087
FR0071 30 Des/ Dec 30, 2024 01 Feb/ Feb 01, 2025 50.000 52.441 52.432 FR0071
7.280.000 7.016.128 7.033.618
218
Page 1193
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. EFEK-EFEK YANG DIJUAL DENGAN JANJI 23. SECURITIES SOLD UNDER AGREEMENT TO
DIBELI KEMBALI (lanjutan) REPURCHASE (continued)
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under agreement to repurchase
terdiri atas (lanjutan): consist of (continued):
31 Desember 2024/December 31, 2024
Tanggal Nilai
Beli Kembali/ Nominal/
Tanggal Jual/ Date of Nominal Nilai Jual/ Nilai Tercatat/
Date Of Sale Repurchase Amount Sale Amount Carrying Amount
Pihak ketiga (lanjutan) Third parties (continued)
Rupiah (lanjutan) Rupiah (continued)
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
FR0086 13 Sep/ Sep 13, 2024 15 Apr/ Apr 15, 2026 2.000.000 1.917.782 1.945.622 FR0086
FR0081 10 Jul/ Jul 10, 2023 13 Jun/ Jun 13, 2025 1.500.000 1.322.032 1.325.675 FR0081
FR0086 12 Sep/ Sep 12, 2024 15 Apr/ Apr 15, 2026 1.080.000 1.002.285 1.016.835 FR0086
FR0086 18 Jul/ Jul 18, 2023 15 Apr/ Apr 15, 2026 1.150.000 1.001.549 1.015.112 FR0086
FR0081 11 Jul/ Jul 11, 2023 15 Jun/ Jun 13, 2025 1.098.000 999.680 1.002.457 FR0081
FR0081 04 Apr/ Apr 04, 2023 12 Jun/ Jun 12, 2025 1.000.000 887.065 990.855 FR0081
FR0086 12 Sep/ Sep 12, 2024 15 Apr/ Apr 15, 2026 1.000.000 904.987 918.124 FR0086
FR0081 12 Jul/ Jul 12, 2023 13 Jun/ Jun 13, 2025 600.000 547.677 598.927 FR0081
FR0081 15 Jul/ Jul 15, 2024 15 Jun/ Jun 15, 2025 575.000 501.445 502.982 FR0081
FR0081 12 Jul/ Jul 12, 2024 15 Jun/ Jun 15, 2025 575.000 501.259 502.797 FR0081
FR0081 14 Des/ Dec 14, 2023 13 Jun/ Jun 13, 2025 500.000 491.298 492.783 FR0081
FR0081 22 Mei/ May 22, 2024 13 Jun/ Jun 13, 2025 500.000 489.302 490.781 FR0081
FR0081 29 Mei/ May 29, 2024 13 Jun/ Jun 13, 2025 500.000 447.112 448.463 FR0081
FR0078 30 Des/ Dec 30, 2024 06 Jan/ Jan 06, 2025 300.000 302.115 302.222 FR0078
FR0101 23 Des/ Dec 23, 2024 23 Jan/ Jan 23, 2025 300.000 288.175 288.636 FR0101
FR0090 27 Des/ Dec 27, 2024 03 Jan/ Jan 03, 2025 225.000 207.328 207.510 FR0090
FR0090 24 Des/ Dec 24, 2024 07 Jan/ Jan 07, 2025 200.000 184.226 184.490 FR0090
FR0090 31 Des/ Dec 31, 2024 06 Jan/ Jan 06, 2025 150.000 138.372 138.397 FR0090
FR0090 31 Des/ Dec 31, 2024 31 Jan/ Jan 31, 2025 100.000 92.248 92.265 FR0090
FR0090 31 Des/ Dec 31, 2024 06 Jan/ Jan 06, 2025 100.000 92.248 92.264 FR0090
FR0090 30 Des/ Dec 30, 2024 02 Jan/ Jan 02, 2025 100.000 92.203 92.235 FR0090
FR0090 31 Des/ Dec 31, 2024 14 Jan/ Jan 14, 2025 100.000 91.951 91.968 FR0090
FR0090 27 Des/ Dec 27, 2024 03 Jan/ Jan 03, 2025 75.000 69.109 69.170 FR0090
FR0090 31 Des/ Dec 31, 2024 14 Jan/ Jan 14, 2025 50.000 46.124 46.132 FR0090
FR0090 27 Des/ Dec 27, 2024 10 Jan/ Jan 10, 2025 50.000 46.073 46.114 FR0090
FR0083 31 Des/ Dec 31, 2024 07 Jan/ Jan 07, 2025 20.000 19.549 19.552 FR0083
FR0090 30 Des/ Dec 30, 2024 13 Jan/ Jan 13, 2025 5.000 4.610 4.612 FR0090
FR0090 27 Des/ Dec 27, 2024 10 Jan/ Jan 10, 2025 5.000 4.607 4.611 FR0090
13.858.000 12.692.411 12.931.591
21.138.000 19.708.539 19.965.209
Mata uang asing Foreign currency
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
FR0086 22 Jun/Jun 22, 2023 15 Apr/Apr 15, 2026 900.000 874.271 884.177 FR0086
FR0086 21 Jun/Jun 21, 2023 15 Apr/Apr 15, 2026 900.000 847.236 856.836 FR0086
FR0086 16 Des/Dec 16, 2021 15 Apr/Apr 15, 2026 815.000 805.375 815.287 FR0086
FR0081 16 Des/Dec 16, 2021 13 Jun/Jun 13, 2025 791.500 804.342 806.262 FR0081
RI0128 21 Nov/Nov 21, 2024 21 Feb/Feb 21, 2025 370.185 333.037 334.858 RI0128
RI0126 05 Sep/Sep 05, 2024 05 Mar/Mar 05, 2025 336.321 318.547 323.840 RI0126
RI0127 23 Sep/Sep 23, 2024 24 Mar/Mar 24, 2025 321.900 300.606 304.614 RI0127
RI0229 30 Okt/Oct 30, 2024 28 Jan/Jan 28, 2025 305.805 284.995 287.454 RI0229
RI0230 26 Sep/Sep 26, 2024 27 Jan/Jan 27, 2025 78.866 65.482 66.341 RI0230
4.819.577 4.633.891 4.679.669
Sukuk Berharga Sharia Government
Syariah Treasury
Negara Bills
INDOIS 25 30 Sep/Sep 30, 2024 27 Jan/Jan 27, 2025 378.233 361.117 365.661 INDOIS 25
INDOIS 26 26 Sep/Sep 26, 2024 27 Jan/Jan 27, 2025 32.190 28.195 28.565 INDOIS 26
410.423 389.312 394.226
5.230.000 5.023.203 5.073.895
26.368.000 24.731.742 25.039.104
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
FR0090 31 Des/Dec 31, 2024 02 Jan/Jan 02, 2025 5.000 4.612 4.613 FR0090
5.000 4.612 4.613
Total 26.373.000 24.736.354 25.043.717 Total
219
Page 1194
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED
BRI dan entitas anak menerbitkan surat berharga BRI and Subsidiaries issued marketable securities
dengan rincian sebagai berikut: with details as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
Obligasi Berkelanjutan II BRI BRI Shelf Registration Bond II
Tahap I Tahun 2016 Phase I Year 2016
Pihak ketiga 1.024.734 947.924 Third parties
Pihak berelasi (Catatan 44) 1.185.790 1.267.811 Related parties (Note 44)
Tahap II Tahun 2017 Phase II Year 2017
Pihak ketiga 820.187 819.009 Third parties
Pihak berelasi (Catatan 44) 439.025 439.935 Related parties (Note 44)
Tahap IV Tahun 2018 Phase IV Year 2018
Pihak ketiga - 289.957 Third parties
Pihak berelasi (Catatan 44) - 304.958 Related parties (Note 44)
Obligasi Berwawasan Lingkungan BRI Green Shelf
Berkelanjutan I BRI Registration Bond I
Tahap I Tahun 2022 Phase I Year 2022
Pihak ketiga 390.173 2.006.336 Third parties
Pihak berelasi (Catatan 44) 105.408 375.445 Related parties (Note 44)
Tahap II Tahun 2023 Phase II Year 2023
Pihak ketiga 459.805 4.113.744 Third parties
Pihak berelasi (Catatan 44) 39.983 539.920 Related parties (Note 44)
Tahap III Tahun 2024 Phase III Year 2024
Pihak ketiga 836.949 1.979.705 Third parties
Pihak berelasi (Catatan 44) 414.851 499.927 Related parties (Note 44)
MTN BRI Tahun 2022 BRI MTN Year 2022
Pihak ketiga - 2.999.159 Third parties
LTN BRI Tahun 2022 BRI LTN Year 2022
Pihak ketiga 40.543 44.580 Third parties
LTN BRI Tahun 2023 BRI LTN Year 2023
Pihak ketiga 50.320 54.995 Third parties
LTN BRI Tahun 2024 BRI LTN Year 2024
Pihak ketiga 124.554 52.694 Third parties
Obligasi Berwawasan Sosial Berkelanjutan I BRI Social Shelf Registration Bond I
Tahap I BRI Tahun 2025 Phase I Year 2025
Pihak Ketiga 3.684.547 - Third parties
Pihak berelasi (Catatan 44) 1.131.377 - Related parties (Note 44)
SBK Berkelanjutan BRI Commercial Paper Sustainable Bond I
Tahap I Tahun 2025 BRI Year 2025 Phase I
Pihak ketiga 480.756 - Third parties
Obligasi I BRI Finance Tahun 2022 BRI Finance Bond I Year 2022
Pihak ketiga - 430.971 Third parties
Pihak berelasi (Catatan 44) - 119.890 Related parties (Note 44)
Obligasi II BRI Finance Tahun 2023 BRI Finance Bond II Year 2023
Pihak ketiga 262.718 262.249 Third parties
Pihak berelasi (Catatan 44) 34.957 34.902 Related parties (Note 44)
Obligasi Berkelanjutan I BRI Finance BRI Finance BRI Shelf Registration
Tahap I Tahun 2025 Bond I Phase I Year 2025
Pihak ketiga 590.428 - Third parties
Obligasi Berkelanjutan III PNM PNM Shelf Registration Bond III
Tahap III Tahun 2020 Phase III Year 2020
Pihak ketiga - 194.857 Third parties
Tahap IV Tahun 2020 Phase IV Year 2020
Pihak ketiga - 291.952 Third parties
Tahap V Tahun 2021 Phase V Year 2021
Pihak ketiga 298.674 306.572 Third parties
Pihak berelasi (Catatan 44) 37.490 32.486 Related parties (Note 44)
220
Page 1195
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
BRI dan entitas anak menerbitkan surat berharga BRI and Subsidiaries issued marketable securities
dengan rincian sebagai berikut (lanjutan): with details as follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berkelanjutan IV PNM PNM Shelf Registration Bond IV
Tahap I Tahun 2021 Phase I Year 2021
Pihak ketiga 981.381 990.781 Third parties
Pihak berelasi (Catatan 44) 17.989 7.997 Related parties (Note 44)
Tahap II Tahun 2022 Phase II Year 2022
Pihak ketiga - 449.293 Third parties
Pihak berelasi (Catatan 44) - 136.942 Related parties (Note 44)
Obligasi Berkelanjutan V PNM PNM Shelf Registration Bond V
Tahap I Tahun 2022 Phase I Year 2022
Pihak ketiga - 115.890 Third parties
Tahap II Tahun 2024 Phase II Year 2024
Pihak ketiga 260.672 1.594.512 Third parties
Pihak berelasi (Catatan 44) 29.890 29.928 Related parties (Note 44)
Obligasi Berwawasan Sosial Orange PNM Socially Conscious Orange
Berkelanjutan I PNM Tahap I Tahun 2025 Registration Bonds I Phase I Year 2025
Pihak ketiga 578.549 - Third parties
Pihak berelasi (Catatan 44) 273.781 - Related parties (Note 44)
MTN III PNM Venture Capital Tahun 2022 PNM MTN III Venture Capital Year 2022
Pihak ketiga 298.500 350.000 Third parties
MTN V PNM Venture Capital PNM MTN V Venture Capital
Tahap II Tahun 2024 Phase II Year 2024
Pihak ketiga 216.961 148.000 Third parties
Sukuk Mudharabah Berkelanjutan I PNM Shelf Registration
Tahap I Tahun 2021 Sukuk Mudharabah I Phase I Year 2021
Pihak ketiga 245.554 291.000 Third parties
Pihak berelasi (Catatan 44) 76.000 36.000 Related parties (Note 44)
Tahap II Tahun 2023 Sukuk Mudharabah I Phase II Year 2023
Pihak ketiga 888.100 890.900 Third parties
Pihak berelasi (Catatan 44) 207.800 205.000 Related parties (Note 44)
Tahap III Tahun 2024 Sukuk Mudharabah I Phase III Year 2024
Pihak ketiga 1.305.920 1.432.500 Third parties
Pihak berelasi (Catatan 44) 25.020 67.000 Related parties (Note 44)
Sukuk Mudharabah Jangka Menengah VI PNM Shelf Registration Sukuk
Tahap I Tahun 2024 Term VI Phase I Year 2024
Pihak ketiga - 500.000 Third parties
Tahap II Tahun 2024 Term VI Phase II Year 2024
Pihak ketiga 262.000 262.000 Third parties
Tahap III Tahun 2024 Term VI Phase III Year 2024
Pihak ketiga 110.000 110.000 Third parties
Tahap IV Tahun 2024 Term VI Phase IV Year 2024
Pihak ketiga - 150.000 Third parties
221
Page 1196
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
BRI dan entitas anak menerbitkan surat berharga BRI and Subsidiaries issued marketable securities
dengan rincian sebagai berikut (lanjutan): with details as follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah (lanjutan) Rupiah (continued)
PNM Shelf Registration Sukuk
Sukuk Mudharabah Jangka Menengah VII Mudharabah Medium Term VII
Tahap I Tahun 2025 Phase I Year 2025
Pihak Ketiga 180.000 - Third parties
Tahap II Tahun 2025 Phase II Year 2025
Pihak Ketiga 100.000 - Third parties
Tahap III Tahun 2025 Phase III Year 2025
Pihak Ketiga 85.000 - Third parties
Tahap IV Tahun 2025 Phase IV Year 2025
Pihak Ketiga 635.000 - Third parties
Tahap V Tahun 2025 Phase V Year 2025
Pihak Ketiga 650.000 - Third parties
Sukuk Mudharabah Berwawasan Sosial PNM Socially Conscious Orange
Orange Berkelanjutan I PNM Registration Sukuk I Mudharabah I
Tahap I Tahun 2025 Phase I Year 2025
Pihak ketiga 1.599.071 - Third parties
Pihak berelasi (Catatan 44) 150.000 - Related parties (Note 44)
Tahap II Tahun 2025 Phase II Year 2025
Pihak ketiga 956.075 - Third parties
Pihak berelasi (Catatan 44) 63.925 - Related parties (Note 44)
Obligasi Berkelanjutan IV Pegadaian Pegadaian Shelf Registration Bond IV
Tahap II Tahun 2020 Phase II Year 2020
Pihak ketiga - 121.983 Third parties
Pihak berelasi (Catatan 44) - 19.997 Related parties (Note 44)
Obligasi Berkelanjutan V Pegadaian Pegadaian Shelf Registration Bond V
Tahap I Tahun 2022 Phase I Year 2022
Pihak ketiga - 388.915 Third parties
Pihak berelasi (Catatan 44) - 188.961 Related parties (Note 44)
Tahap II Tahun 2022 Phase II Year 2022
Pihak ketiga - 204.339 Third parties
Pihak berelasi (Catatan 44) - 71.578 Related parties (Note 44)
Tahap III Tahun 2023 Phase III Year 2023
Pihak ketiga 355.913 384.790 Third parties
Pihak berelasi (Catatan 44) 31.022 1.998 Related parties (Note 44)
Tahap IV Tahun 2023 Phase IV Year 2023
Pihak ketiga 207.961 227.846 Third parties
Pihak berelasi (Catatan 44) 19.994 - Related parties (Note 44)
Tahap V Tahun 2024 Phase V Year 2024
Pihak ketiga 161.074 771.411 Third parties
Pihak berelasi (Catatan 44) 39.971 19.973 Related parties (Note 44)
Obligasi Berkelanjutan VI Pegadaian Pegadaian Shelf Registration Bond VI
Tahap I Tahun 2024 Phase I Year 2024
Pihak ketiga 50.814 73.888 Third parties
Pihak berelasi (Catatan 44) - 14.854 Related parties (Note 44)
Tahap II Tahun 2025 Phase II Year 2025
Pihak ketiga 4.188.622 - Third parties
Pihak berelasi (Catatan 44) 159.491 - Related parties (Note 44)
222
Page 1197
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
BRI dan entitas anak menerbitkan surat berharga BRI and Subsidiaries issued marketable securities
dengan rincian sebagai berikut (lanjutan): with details as follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berkelanjutan VI Pegadaian Pegadaian Shelf Registration Bond VI
Tahap III Tahun 2025 Phase III Year 2025
Pihak ketiga 1.984.642 - Third parties
Pihak berelasi (Catatan 44) 244.750 - Related parties (Note 44)
Tahap IV Tahun 2025 Phase IV Year 2025
Pihak ketiga 2.610.118 - Third parties
Pihak berelasi (Catatan 44) 607.243 - Related parties (Note 44)
Obligasi Sosial Berkelanjutan I Pegadaian Shelf Registration
Pegadaian Social Bond I
Tahap I Tahun 2024 Phase I Year 2024
Pihak ketiga 5.015 59.502 Third parties
Pihak berelasi (Catatan 44) 24.796 - Related parties (Note 44)
Tahap II Tahun 2025 Phase II Year 2025
Pihak ketiga 1.518.697 - Third parties
Pihak berelasi (Catatan 44) 144.853 - Related parties (Note 44)
Sukuk Mudharabah Pegadaian Shelf Registration
Berkelanjutan I Pegadaian Sukuk Mudharabah I
Tahap II Tahun 2020 Phase II Year 2020
Pihak ketiga - 80.500 Third parties
Sukuk Mudharabah Pegadaian Shelf Registration
Berkelanjutan II Pegadaian Sukuk Mudharabah II
Tahap I Tahun 2022 Phase I Year 2022
Pihak ketiga - 299.000 Third parties
Pihak berelasi (Catatan 44) - 21.000 Related parties (Note 44)
Tahap II Tahun 2022 Phase II Year 2022
Pihak ketiga - 120.477 Third parties
Pihak berelasi (Catatan 44) - 43.000 Related parties (Note 44)
Tahap IV Tahun 2023 Phase IV Year 2023
Pihak ketiga 217.240 215.040 Third parties
Pihak berelasi (Catatan 44) 17.800 20.000 Related parties (Note 44)
Sukuk Mudharabah Pegadaian Shelf Registration
Berkelanjutan III Pegadaian Sukuk Mudharabah III
Tahap I Tahun 2024 Phase I Year 2024
Pihak ketiga 8.045 65.125 Third parties
Pihak berelasi (Catatan 44) 10.000 3.000 Related parties (Note 44)
Tahap II Tahun 2024 Phase II Year 2024
Pihak ketiga - 743.795 Third parties
Pihak berelasi (Catatan 44) - 15.000 Related parties (Note 44)
Tahap III Tahun 2024 Phase III Year 2024
Pihak ketiga 712.005 682.005 Third parties
Pihak berelasi (Catatan 44) 40.000 70.000 Related parties (Note 44)
Tahap IV Tahun 2025 Phase IV Year 2025
Pihak Ketiga 1.741.940 - Third parties
Pihak berelasi (Catatan 44) 10.000 - Related parties (Note 44)
Tahap V Tahun 2025 Phase V Year 2025
Pihak Ketiga 1.580.555 - Third parties
Pihak berelasi (Catatan 44) 5.325 - Related parties (Note 44)
223
Page 1198
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
BRI dan entitas anak menerbitkan surat berharga BRI and Subsidiaries issued marketable securities
dengan rincian sebagai berikut (lanjutan): with details as follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah (lanjutan) Rupiah (continued)
Sukuk Mudharabah Pegadaian Shelf Registration
Berkelanjutan Sosial I Pegadaian Social Sukuk Mudharabah I
Tahap I Tahun 2024 Phase I Year 2024
Pihak ketiga 100 33.891 Third parties
Tahap II Tahun 2024 Phase II Year 2024
Pihak ketiga - 1.342.910 Third parties
Pihak berelasi (Catatan 44) - 20.000 Related parties (Note 44)
Tahap III Tahun 2025 Phase II Year 2025
Pihak ketiga 1.423.205 - Third parties
Pihak berelasi (Catatan 44) 130.000 - Related parties (Note 44)
Total 40.901.648 32.502.499 Total
Biaya emisi surat berharga yang diterbitkan untuk Unamortized bond issuance cost as of December 31,
tahun yang terakhir pada tanggal-tanggal 2025 and 2024 amounted to Rp51,182 and Rp10,650.
31 Desember 2025 dan 2024 masing-masing
sebesar Rp51.182 dan Rp10.650.
Manajemen BRI dan entitas anak telah melakukan The management of BRI and its subsidiaries have
pembayaran bunga dan pokok obligasi sesuai made interest and principal payments on the securities
ketentuan dan berpendapat bahwa semua issued in accordance with the provisions and consider
persyaratan/pembatasan yang ditetapkan dalam that all requirements/restrictions set forth in the
penerbitan surat berharga di atas telah dipenuhi issuance of the aforementioned securities have been
pada tanggal-tanggal 31 Desember 2025 dan fulfilled as of December 31, 2025 and 2024.
2024.
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang marketable securities issued:
diterbitkan:
a) Obligasi Berkelanjutan II BRI a) BRI Shelf Registration Bond II
Pada tanggal 22 November 2016, Obligasi On November 22, 2016, BRI Shelf Registration
Berkelanjutan II BRI dengan jumlah pokok Bond II with a principal amount of Rp20,000,000
sebesar Rp20.000.000 telah dinyatakan efektif has been declared by the Financial Services
oleh Otoritas Jasa Keuangan (OJK) Authority (OJK) based on a Decree
berdasarkan surat keputusan S-678/D.04/2016 S-678/D.04/2016 dated November 22, 2016.
tanggal 22 November 2016.
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah Rupiah
Obligasi Berkelanjutan II BRI Shelf Registration
BRI Bond II
Tahap I Tahun 2016 Phase I Year 2016
Seri E PT Bank Negara 2 Des/ 1 Des/ 10 tahun/ 8,90% idAAA* 2.350.000 2.350.000 Series E
Indonesia Dec 2, 2016 Dec 1, 2026 years
Persero (Tbk)
Tahap II Tahun 2017 Phase II Year 2017
Seri D PT Bank Negara 12 Apr/ 11 Apr/ 10 tahun/ 8,80% idAAA* 1.300.500 1.300.500 Series D
Indonesia Apr 12, 2017 Apr 11, 2027 years
Persero (Tbk)
Tahap IV Tahun 2018 Phase IV Year 2018
Seri B PT Bank Negara 22 Feb/ 21 Feb/ 7 tahun/ 6,90% idAAA* - 605.000 Series B
Indonesia Feb 22, 2018 Feb 21, 2025 years
(Persero) Tbk
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Indonesia (Pefindo)
224
Page 1199
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
a) Obligasi Berkelanjutan II BRI (lanjutan) a) BRI Shelf Registration Bond II (continued)
Bunga Obligasi Berkelanjutan II BRI dibayarkan The interest of BRI Shelf Registration Bond II is
setiap 3 (tiga) bulan sejak obligasi diterbitkan. paid every 3 (three) months since the bond were
Penerimaan neto dari penerbitan Obligasi issued. The net proceeds from the issuance of
Berkelanjutan tersebut dimanfaatkan untuk this Shelf Registration Bond are used for loan
penyaluran kredit. granting.
Obligasi Berkelanjutan II BRI tidak dijamin BRI Shelf Registration Bond II is not guaranteed
dengan jaminan apapun. Adapun persyaratan- by any guarantee. The important requirements
persyaratan penting (covenants) adalah (covenants) are as follows:
sebagai berikut:
a. Mengurangi modal dasar, modal a. Entity are prohibited to reduce authorized
ditempatkan dan modal disetor kecuali capital stock, issued capital and paid-up
dalam hal pengurangan tersebut dilakukan capital except in the event that such
berdasarkan permintaan dan/atau perintah deduction is made based on a request
dari Pemerintah Indonesia atau otoritas and/or order from the Government of
yang berwenang. Indonesia or authority.
b. Melakukan penggabungan dan/atau b. Entity are prohibited to merge and/or
pemisahan dan/atau peleburan dan/atau separate and/or merge and/or take over with
pengambilalihan dengan nilai lebih dari a value of more than 50%
50% (lima puluh persen) dari ekuitas (fifty percent) of the EMITEN's equity except
EMITEN kecuali dalam hal pengurangan in the event that such deduction is made
tersebut dilakukan berdasarkan based on a request and/or order from the
permintaan dan/atau perintah dari Government of Indonesia or authority.
Pemerintah Indonesia atau otoritas yang
berwenang.
Obligasi Berkelanjutan II BRI yang telah jatuh BRI Shelf Registration Bond II that have matured
tempo telah dilunasi oleh BRI pada tanggal respectively have been paid off by BRI on its
jatuh temponya. maturity date.
b) Obligasi Berwawasan Lingkungan b) BRI Green Shelf Registration Bond I
Berkelanjutan I BRI
Pada tanggal 12 Juli 2022, Obligasi On July 12, 2022, Bank BRI Green Shelf
Berwawasan Lingkungan Berkelanjutan I Bank Registration Bond I with a principal amount of
BRI dengan jumlah pokok sebesar Rp15,000,000 has been declared by the
Rp15.000.000 telah dinyatakan efektif oleh Financial Services Authority (OJK) based on
Otoritas Jasa Keuangan (OJK) berdasarkan Decree S-122/D.04/2022 dated July 12, 2022.
surat keputusan S-122/D.04/2022 tanggal
12 Juli 2022.
225
Page 1200
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
b) Obligasi Berwawasan Lingkungan b) BRI Green Shelf Registration Bond I (continued)
Berkelanjutan I BRI (lanjutan)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Des 31, 2025 Dec 31, 2024 Type
Rupiah Rupiah
Obligasi Berwawasan BRI Green Shelf
Lingkungan Berkelanjutan I Registration Bond I
BRI
Tahap I Tahun 2022 Phase I Year 2022
Seri B PT Bank Negara 20 Jul/ 20 Jul/ 3 tahun/ 5,75% idAAA* - 2.000.000 Series B
Indonesia Jul 20, 2022 Jul 20, 2025 years
Persero (Tbk)
Seri C PT Bank Negara 20 Jul/ 20 Jul/ 5 tahun/ 6,45% idAAA* 500.000 500.000 Series C
Indonesia Jul 20, 2022 Jul 20, 2027 years
Persero (Tbk)
Tahap II Tahun 2023 Phase II Year 2023
Seri B PT Bank 17 Okt/ 17 Okt/ 2 tahun/ 6,35% idAAA* - 4.154.350 Series B
Tabungan Negara Oct 17, 2023 Oct 17, 2025 years
Persero (Tbk)
Seri C PT Bank 17 Okt/ 17 Okt/ 3 tahun/ 6,30% idAAA* 500.000 500.000 Series C
Tabungan Negara Oct 17, 2023 Oct 17, 2026 years
Persero (Tbk)
Tahap III Tahun 2024 Phase III Year 2024
Seri A PT Bank 20 Mar/ 30 Mar/ 370 hari/ 6,15% idAAA* - 1.237.665 Series A
Tabungan Negara Mar 20, 2024 Mar 30, 2025 days
Persero (Tbk)
Seri B PT Bank 20 Mar/ 20 Mar/ 2 tahun/ 6,25% idAAA* 879.430 879.430 Series B
Tabungan Negara Mar 20, 2024 Mar 20, 2026 years
Persero (Tbk)
Seri C PT Bank 20 Mar/ 20 Mar/ 3 tahun/ 6,25% idAAA* 382.905 382.905 Series C
Tabungan Negara Mar 20, 2024 Mar 20, 2027 years
Persero (Tbk)
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek *)Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Indonesia (Pefindo)
Bunga Obligasi Berwawasan Lingkungan The Interest of BRI Green Shelf Registration
Berkelanjutan I BRI dibayarkan setiap 3 (tiga) Bond are paid every 3 (three) months since the
bulan sejak obligasi diterbitkan. bonds were issued.
Penerimaan neto dari penerbitan Obligasi The net proceeds from the issuance of BRI
Berwawasan Lingkungan Berkelanjutan I Bank Green Shelf Registration Bond I Bank BRI will be
BRI akan digunakan oleh Perseroan untuk used by the Company to finance or refinance
pembiayaan maupun membiayai kembali activities in the category of Environmentally
kegiatan dalam kategori Kegiatan Usaha Sound Business Activities and for working
Berwawasan Lingkungan dan untuk modal capital.
kerja.
Obligasi Berwawasan Lingkungan BRI has settled its BRI Green Shelf Registration
Berkelanjutan I Bank BRI telah dilunasi oleh Bond I that have matured respectively have been
BRI pada tanggal jatuh temponya. Obligasi paid off by BRI on its maturity date. BRI Green
Berwawasan Lingkungan Berkelanjutan I Bank Shelf Registration Bond I is not guaranteed by
BRI tidak dijamin dengan jaminan apapun. any guarantee. The important requirements
Adapun persyaratan-persyaratan penting (covenants) are as follows:
(covenants) adalah sebagai berikut:
a. Mengurangi modal dasar, modal a. Entity are prohibited to reduce authorized
ditempatkan dan modal disetor kecuali capital stock, issued capital and paid-up
dalam hal pengurangan tersebut dilakukan capital except in the event that such
berdasarkan permintaan dan/atau perintah deduction is made based on a request
dari Pemerintah Indonesia atau otoritas and/or order from the Government of
yang berwenang. Indonesia or authority.
226
Page 1201
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
b) Obligasi Berwawasan Lingkungan b) BRI Green Shelf Registration Bond I (continued)
Berkelanjutan I BRI (lanjutan)
Adapun persyaratan-persyaratan penting The important requirements (covenants) are as
(covenants) adalah sebagai berikut (lanjutan): follows (continued):
b. Melakukan penggabungan dan/atau b. Entity are prohibited to merge and/or
pemisahan dan/atau peleburan dan/atau separate and/or merge and/or take over with
pengambilalihan dengan nilai lebih dari a value of more than 50% (fifty percent) of
50% (lima puluh persen) dari ekuitas the EMITEN's equity except in the event that
EMITEN kecuali dalam hal pengurangan such deduction is made based on a request
tersebut dilakukan berdasarkan and/or order from the Government of
permintaan dan/atau perintah dari Indonesia or authority.
Pemerintah Indonesia atau otoritas yang
berwenang.
c) Medium-Term Notes Bank BRI Tahun 2022 c) BRI Medium-Term Notes Year 2022
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Des 31, 2025 Dec 31, 2024 Type
Rupiah Rupiah
Medium-Term Notes Bank BRI Medium-Term
BRI Tahun 2022 Notes Year 2022
Seri B - 24 Nov/ 24 Nov/ 3 tahun/ 6,68% -* - 3.000.000 Series B
Nov 24, 2022 Nov 24, 2025 years
*) Tidak dilakukan pemeringkatan oleh Lembaga Pemeringkat Efek (Pefindo) *) No rating was carried out by the Securities Rating Agency (Pefindo)
Tidak ada persyaratan penting dalam perjanjian There are no covenant in the agreement for the
Penerbitan Medium-Term Notes Bank BRI issuance of Medium Term Notes of PT Bank
Tahun 2022. Rakyat Indonesia (Persero) Tbk Year 2022.
Penerimaan neto dari penerbitan Medium-Term The net revenue from the issuance of BRI
Notes BRI tersebut dimanfaatkan untuk Medium Term Notes will be used to increase
menambah kebutuhan likuiditas Rupiah. Rupiah liquidity needs.
d) Long-Term Notes yang Dilakukan Tanpa d) Long Term Notes Conducted Without Going
Melalui Penawaran Umum PT Bank Rakyat Through Public Offering of PT Bank Rakyat
Indonesia (Persero) Tbk Indonesia (Persero) Tbk
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Des 31, 2025 Dec 31, 2024 Type
Rupiah Rupiah
Long-Term Notes
Long-Term Notes yang Conducted Without
Dilakukan Tanpa Melalui Going Through
Penawaran Umum BRI Public Offering of BRI
I tahun 2022 - 27 Des/ 27 Jun/ 162 bulan/ 0,55% -* 40.543 44.579 I Year 2022
Dec 27, 2022 Jun 27, 2036 months
II tahun 2023 - 25 Okt/ 25 Jan/ 159 bulan/ 0,55% -* 50.320 54.995 II Year 2023
Oct 25, 2023 Jan 25, 2037 months
III tahun 2024 - 26 Mar/ 26 Feb/ 155 bulan/ 0,55% -* 48.201 52.694 III Year 2024
Mar 26, 2024 Feb 26, 2037 months
IV tahun 2024 - 16 Jan/ 16 Jan/ 156 bulan/ 0,55% -* 76.353 - IV Year 2024
Jan 16, 2025 Jan 16, 2038 months
*) Tidak dilakukan pemeringkatan oleh Lembaga Pemeringkat Efek (Pefindo) *) No rating was carried out by the Securities Rating Agency (Pefindo)
227
Page 1202
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
d) Long-Term Notes yang Dilakukan Tanpa d) Long Term Notes Conducted Without Going
Melalui Penawaran Umum PT Bank Rakyat Through Public Offering of PT Bank Rakyat
Indonesia (Persero) Tbk (lanjutan) Indonesia (Persero) Tbk (continued)
Bunga sebesar 0,55% per tahun dan Pokok Interest of 0.55% per annum and Principal are
dibayarkan setiap 3 (tiga) bulan sejak Long- paid every 3 (three) months since those Long
Term Notes diterbitkan. Pada saat diterbitkan, Term Note were issued. At the time of issuance,
Long-Term Notes ini tidak dilakukan these Long Term Notes were not ranked and
pemeringkatan dan tidak menggunakan Jasa does not use the services of a monitoring agent.
Agen Pemantau.
Tidak ada persyaratan penting dalam perjanjian There are no covenant in the agreement for the
Penerbitan Long-Term Notes Yang Dilakukan issuance of Long Term Notes Conducted
Tanpa Melalui Penawaran Umum Without Going Through a Public Offering of
PT Bank Rakyat Indonesia (Persero) Tbk I PT Bank Rakyat Indonesia (Persero) Tbk I Year
Tahun 2022, II Tahun 2023, dan III Tahun 2024, 2022, II Year 2023 and III Year 2024 and IV Year
dan IV Tahun 2024. 2024.
Penerimaan neto dari penerbitan Long-Term Net proceeds from the issuance of BRI Long-
Notes BRI I tahun 2022 dan II tahun 2023 Term Notes BRI I Year 2022 and II Year 2023
tersebut dimanfaatkan untuk menambah are used entirely specifically for increase the
kebutuhan likuiditas Rupiah. need of rupiah liquidity.
Penerimaan neto dari penerbitan Long-Term Net proceeds from the issuance of BRI Long-
Notes BRI III tahun 2024 dan IV Tahun 2024 Term Notes III Year 2024 and IV Year 2024 are
dimanfaatkan seluruhnya khusus untuk is used entirely specifically for financing and
pembiayaan maupun membiayai kembali kredit refinancing housing loans of Tapera participants,
perumahan peserta Tapera sebagaimana as referred to in Law No. 4 of 2016 concerning
dimaksud pada Undang-Undang No. 4 Tahun Public Housing Savings, Government Regulation
2016 Tentang Tabungan Perumahan Rakyat, No. 25 of 2020 concerning the Implementation of
Peraturan Pemerintah No. 25 Tahun 2020 Public Housing Savings, Regulation of the Public
tentang Penyelenggaraan Tabungan Housing Savings Management Agency No. 6 of
Perumahan Rakyat, Peraturan Badan 2021, and the applicable Cooperation and
Pengelola Tabungan Perumahan Rakyat Agreement Agreement between the Public
No. 6 Tahun 2021 serta Perjanjian Kerjasama Housing Savings Management Agency and PT
dan Kesepakatan antara Badan Pengelola Bank Rakyat Indonesia (Persero) Tbk.
Tabungan Perumahan Rakyat dan PT Bank
Rakyat Indonesia (Persero) Tbk yang berlaku.
e) Obligasi Berwawasan Sosial Berkelanjutan I e) BRI Social Shelf Registration Bond I Year 2025
BRI Tahun 2025
Pada tanggal 20 Juni 2025, Obligasi On June 20, 2025, Bank BRI Green Shelf
Berwawasan Sosial Berkelanjutan I Bank BRI Registration Bond I with a principal amount of
dengan jumlah pokok sebesar Rp5.000.000 Rp5,000,000 has been declared by the Financial
telah dinyatakan efektif oleh Otoritas Jasa Services Authority (OJK) based on Decree S-
Keuangan (OJK) berdasarkan surat keputusan 40/D.04/2025 dated June 20, 2025.
S-40/D.04/2025 tanggal 20 Juni 2025.
228
Page 1203
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
e) Obligasi Berwawasan Sosial Berkelanjutan I e) BRI Social Shelf Registration Bond I Year 2025
BRI Tahun 2025 (lanjutan): (continued):
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah
Obligasi Berwawasan BRI Social Shelf
Sosial Berkelanjutan I Registration Bond I
BRI
Tahap I Tahun 2025 Phase I Year 2025
Seri A PT Bank 26 Jun/ 26 Jun/ 2 tahun/ 6,45% idAAA* 1.563.090 - Series A
Tabungan Negara Jun 26, 2025 Jun 26, 2027 years
Persero (Tbk)
Seri B PT Bank 26 Jun/ 26 Jun/ 3 tahun/ 6,55% idAAA* 2.110.745 - Series B
Tabungan Negara Jun 26, 2025 Jun 26, 2028 years
Persero (Tbk)
Seri C PT Bank 26 Jun/ 26 Jun/ 5 tahun/ 6,60% idAAA* 1.326.165 - Series C
Tabungan Negara Jun 26, 2025 Jun 26, 2030 years
Persero (Tbk)
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
(Pefindo)
Bunga Obligasi Berwawasan Sosial Interest of marketable securities issued by BRI
Berkelanjutan I BRI dibayarkan setiap 3 (tiga) Finance are paid every 3 (three) months since
bulan sejak obligasi diterbitkan. marketable securities were issued.
Penerimaan neto dari penerbitan Obligasi The net proceeds from the issuance of BRI
Berwawasan Sosial Berkelanjutan I Bank BRI Social Shelf Registration will be allocated
seluruhnya akan dialokasikan secara eksklusif exclusively for the refinancing, in whole or in part,
untuk pembiayaan kembali, baik seluruhnya of existing social projects that support or promote
maupun sebagian, proyek sosial yang sudah the following categories: affordable basic
ada yang mendukung atau mempromosikan infrastructure services in terms of both access
kategori layanan infrastruktur dasar yang and cost, access to essential services, affordable
terjangkau baik dari segi akses maupun harga, housing, job creation, and programs designed to
akses terhadap layanan esensial, perumahan prevent and/or reduce unemployment including
yang terjangkau, penciptaan lapangan kerja, financing for micro, small, and medium
dan program yang dirancang untuk mencegah enterprises (MSMEs), food security and
dan/atau mengurangi pengangguran, termasuk sustainable food systems, and socio-economic
pembiayaan usaha kecil menengah dan advancement and empowerment. BRI plans to
pembiayaan mikro, ketahanan pangan dan allocate approximately 50% of the proceeds from
sistem pangan berkelanjutan, dan peningkatan this Social Bond Public Offering to job creation
dan pemberdayaan sosio-ekonomi. Perseroan (Category 4: Job creation and programs
berencana mengalokasikan sekitar 50% dari designed to prevent and/or reduce
hasil Penawaran Umum Obligasi Berwawasan unemployment, including MSME and
Sosial ini untuk penciptaan lapangan kerja microfinance), with the remaining portion to be
(kategori 4 Penciptaan lapangan kerja, dan allocated toward socio-economic advancement
program yang dirancang untuk mencegah and empowerment (Category 6: Socio-economic
dan/atau mengurangi pengangguran, termasuk advancement and empowerment).
pembiayaan usaha kecil menengah dan
pembiayaan mikro), dan sisanya untuk
peningkatan serta pemberdayaan sosial
ekonomi (kategori 6 Peningkatan dan
pemberdayaan sosio-ekonomi).
229
Page 1204
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
e) Obligasi Berwawasan Sosial Berkelanjutan I e) BRI Social Shelf Registration Bond I Year 2025
BRI Tahun 2025 (lanjutan) (continued)
Adapun persyaratan-persyaratan penting The important requirements (covenants) are as
(covenants) adalah sebagai berikut: follows:
1. Mengurangi modal dasar, modal 1. Entity are prohibited to reduce authorized
ditempatkan dan modal disetor kecuali capital stock, issued capital and paid-up
dalam hal pengurangan tersebut dilakukan capital except in the event that such
berdasarkan permintaan dan/atau perintah deduction is made based on a request
dari Pemerintah Republik Indonesia and/or order from the Government of
dan/atau otoritas yang berwenang Indonesia or authority (including but not
(termasuk tetapi tidak terbatas pada Bank limited to Bank Indonesia, Minister of
Indonesia, Menteri Keuangan Republik finance of the Republik of Indonesia,
Indonesia, Menteri Badan Usaha Milik Minister of State Owned Entity dan Financial
Negara dan Otoritas Jasa Keuangan). Services Authority).
2. Melakukan penggabungan dan/atau 2. Entity are prohibited to merge and/or
pemisahan dan/atau peleburan dan/atau separate and/or merge and/or take over with
pengambilalihan dengan nilai lebih dari a value of more than 50% (fifty percent) of
50% (lima puluh persen) dari ekuitas BRI, the BRI's equity except in the event that
kecuali atas permintaan dan/atau perintah such deduction is made based on a request
baik secara langsung maupun tidak and/or order from the Government of
langsung dari Pemerintah Republik Indonesia or authority whether directly or
Indonesia dan/atau otoritas yang indirectly (including but not limited to Bank
berwenang (termasuk tetapi tidak terbatas Indonesia, Lembaga Penjamin Simpanan or
pada Bank Indonesia, Lembaga Penjamin any other guarantee institution in
Simpanan atau Lembaga penjaminan accordance with the applicable laws and
lainnya sesuai dengan peraturan regulations, Minister of finance of the
perundang-undangan yang berlaku, Republik of Indonesia, Minister of State
Menteri Keuangan Republik Indonesia, dan Owned Entity dan Financial Services
Menteri Badan Usaha Milik Negara dan Authority) conducted in compliance with
Otoritas Jasa Keuangan) yang dilakukan prevailing laws and regulations, including
sesuai dengan ketentuan peraturan but not limited to Otoritas Jasa Keuangan
perundangan yang berlaku, termasuk regulations
tetapi tidak terbatas pada peraturan
Otoritas Jasa Keuangan.
230
Page 1205
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
f) SBK Berkelanjutan I PT Bank Rakyat Indonesia f) Commercial Paper Sustainable Bond I PT Bank
(Persero) Tbk Tahun 2025 Tahap I Rakyat Indonesia (Persero) Year 2025 Phase I
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang marketable securities issued:
diterbitkan:
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah
SBK Commercial Paper
Berkelanjutan I Sustainable Bond I
PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk
Tahun 2025 Tahap I Year 2025 Phase I
Seri A PT Bank 04 Des/ 03 Jan/ 1 bulan/ 4,50% idA1+ 45.900 - Series A
Tabungan Negara Dec 04, 2025 Jan 03, 2026 month
Persero (Tbk)
Seri B PT Bank 04 Des/ 04 Mar/ 3 bulan/ 4,60% idA1+ 30.300 - Series B
Tabungan Negara Dec 04, 2025 Mar 04, 2026 months
Persero (Tbk)
Seri C PT Bank 04 Des/ 02 Jun/ 6 bulan/ 4,85% idA1+ 20.000 - Series C
Tabungan Negara Dec 04, 2025 Jun 02, 2026 months
Persero (Tbk)
Seri D PT Bank 04 Des/ 29 Nov/ 12 bulan/ 4,95% idA1+ 403.800 - Series D
Tabungan Negara Dec 04, 2025 Nov 29, 2026 months
Persero (Tbk)
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
(Pefindo)
Pada tanggal 4 Desember 2025, SBK On December 4, 2025, BRI Sustainable Bond I
Berkelanjutan I BRI Tahun 2025 Tahap I Year 2025 Phase I with a principal amount of
dengan jumlah pokok sebesar Rp500.000. Rp500,000 was issued.
Penerimaan neto dari penerbitan SBK The net proceeds from the issuance of the
Berkelanjutan tersebut dimanfaatkan untuk Sustainable Bond are utilized to finance the
pendanaan kegiatan usaha Bank, terutama Bank’s business activities, particularly the
penyaluran kredit/pembiayaan berkelanjutan provision of sustainable loans and/or financing, in
sesuai dengan ketentuan internal Bank dan accordance with the Bank’s internal policies and
peraturan perundang-undangan yang berlaku. applicable laws and regulations.
231
Page 1206
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
f) BRI Finance f) BRI Finance
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah Rupiah
Obligasi I BRI Finance PT Bank Negara 9 Ags/ 9 Ags/ 3 tahun/ 6,95% idAA* - 700.000 BRI Finance Bond I
Tahun 2022 Indonesia Aug 9, 2022 Aug 9, 2025 years Year 2022
(Persero) Tbk
Obligasi II BRI Finance BRI Finance Bond II
Tahun 2023 Year 2023
Seri B PT Bank Negara 11 Jul/ 11 Jul/ 3 tahun/ 6,40% idAA* 303.000 303.000 Series B
Indonesia Jul 11, 2023 Jul 11, 2026 years
(Persero) Tbk
Obligasi Berkelanjutan I Tahap I BRI Finance Continous
BRI Finance Tahun 2025 Public Offering of Bonds I
Phase I Year 2025
Seri A PT Bank Negara 10 Jul/ 20 Jul/ 370 hari/ 6,35% idAA* 200.000 - Series A
Indonesia Jul 10, 2025 Jul 20, 2026 days
(Persero) Tbk
Seri B PT Bank Negara 10 Jul/ 10 Jul/ 3 tahun/ 6,80% idAA* 500.000 - Series B
Indonesia Jul 10, 2025 Jul 10, 2028 years
(Persero) Tbk
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
(Pefindo)
Bunga surat berharga yang diterbitkan oleh BRI Interest of marketable securities issued by BRI
Finance dibayarkan setiap 3 bulan sejak surat Finance are paid every 3 (three) months since
berharga diterbitkan. marketable securities were issued.
BRI Finance telah memenuhi semua BRI Finance has fulfilled all required restrictions
pembatasan yang diwajibkan serta as well as the payment of interest and principal
pembayaran bunga dan nilai pokok obligasi value of bonds through The Indonesia Central
melalui Kustodian Sentral Efek Indonesia Securities Depository (''KSEI'').
(‘‘KSEI‘‘).
Penerimaan neto dari penerbitan surat berharga The net proceeds from the issuance of
tersebut dimanfaatkan untuk pembayaran marketable securities are used for short-term
pinjaman jangka pendek perbankan, liabilities payment, strengthen BRI Finance’s
memperkuat struktur pendanaan perseroan, general funding structure, BRI Finance's
ekpansi bisnis perusahaan (dalam hal ini adalah business expansion (in this case for
pembayaran pembiayaan baru dan ekspansi disbursement payments and related to consumer
pembiayaan segmen konsumer), serta segment), as well as refinancing or paying off
refinancing atau pelunasan obligasi yang jatuh maturing bonds.
tempo.
232
Page 1207
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
f) BRI Finance (lanjutan) f) BRI Finance (continued)
BRI Finance juga diwajibkan untuk memenuhi BRI Finance is also required to fulfill financial
persyaratan keuangan antara lain gearing ratio covenants including gearing ratios of at least
paling rendah nol kali dan paling tinggi 10 kali, zero and a maximum of 10 (ten) times, capital
rasio permodalan paling sedikit sebesar 10%, ratios of at least 10%, the ratio of net financing
rasio saldo piutang pembiayaan neto terhadap receivable balances to total assets of at least
total aset paling rendah 40%, rasio saldo 40%, the ratio of investment and capital financing
piutang pembiayaan investasi dan modal kerja receivable balances at least 10% of the total
paling sedikit 10% dari total saldo piutang financing receivable balance, the lowest equity to
pembiayaan, rasio ekuitas terhadap modal paid-in capital ratio of 50%, the highest non-
disetor paling rendah sebesar 50%, rasio non- performing financing ratio of 5%, has an equity
performing financing paling tinggi sebesar 5%, greater than Rp200,000, maintains a minimum
memiliki ekuitas lebih besar dari Rp200.000, collateral value of 50% of the principal value of
mempertahankan nilai jaminan minimal 50% Bond I and Bond II and meet the covenants for a
dari nilai pokok Obligasi I dan Obligasi II serta level of financial health with a minimum healthy
memenuhi persyaratan tingkat kesehatan condition
keuangan dengan kondisi minimum sehat.
Dalam perjanjian perwaliamanatan juga diatur The trustee agreement also regulates several
beberapa pembatasan yang harus dipenuhi restrictions that must be fulfilled by the company,
oleh Perusahaan, antara lain memberikan including providing fiduciary guarantees in the
jaminan fidusia berupa piutang pembiayaan form of consumer financing receivables and
konsumen dan menjaga rasio-rasio keuangan maintaining financial ratios within the limits as
berada dalam batasan sebagaimana diatur regulated in OJK Regulation No. 35/2018.
dalam Peraturan OJK No. 35/2018.
g) PNM g) PNM
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah Rupiah
Obligasi Berkelanjutan III PNM Shelf Registration
PNM Bond III
Tahap III Tahun 2020 Phase IIII Year 2020
Seri B PT Bank Mega Tbk 4 Mei/ 30 Apr/ 5 tahun/ 9,00% idAA+* - 194.900 Series B
May 4, 2020 Apr 30, 2025 years
Tahap IV Tahun 2020 Phase IV Year 2020
Seri C PT Bank Mega Tbk 4 Des/ 4 Des/ 360 hari/ 8,75% idAA+* - 292.000 Series C
Dec 4, 2020 Dec 4, 2025 days
Tahap V Tahun 2021 Phase V Year 2021
Seri C PT Bank Mega Tbk 17 Mar/ 17 Mar/ 5 tahun/ 8,25 idAA+* 339.200 339.200 Series C
Mar 17, 2021 Mar 17, 2026 years
Obligasi Berkelanjutan IV PNM Shelf Registration
PNM Bond IV
Tahap I Tahun 2021 Phase I Year 2021
Seri C PT Bank Mega Tbk 10 Des/ 10 Des/ 5 tahun/ 6,25% idAA+* 1.000.000 1.000.000 Series C
Dec 10, 2021 Dec 10, 2026 years
Tahap II Tahun 2022 Phase II Year 2022
Seri B PT Bank Mega Tbk 22 Apr/ 22 Apr/ 3 tahun/ 5,50% idAA+* - 626.500 Series B
Apr 22, 2022 Apr 22, 2025 years
233
Page 1208
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
g) PNM (lanjutan) g) PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berkelanjutan V PNM Shelf Registration
PNM Bond V
Tahap I Tahun 2022 Phase I Year 2022
Seri B PT Bank Mega Tbk 12 Ags/ 11 Ags/ 3 tahun/ 5,85% idAA+* - 116.000 Series B
Aug 12, 2022 Aug 11, 2025 years
Tahap II Tahun 2024 Phase II Year 2024
Seri A PT Bank Mega Tbk 21 Mar/ 30 Mar/ 1 tahun/ 6,40% idAA+* - 1.335.150 Series A
Mar 21, 2024 Mar 30, 2025 year
Seri B PT Bank Mega Tbk 21 Mar/ 20 Mar/ 3 tahun/ 6,55% idAAA 341.030 341.030 Series B
Mar 21, 2024 Mar 20, 2027 years
Obligasi Berwawasan Sosial PNM Socially Conscious
Orange Berkelanjutan I PNM Orange Registration Bonds I
Tahap I Tahun 2025 Phase I Year 2025
Seri A PT Bank KB Bukopin 8 Jul/ 18 Jul/ 1 tahun/ 6,25% idAAA* 220.000 - Series A
Jul 8, 2025 Jul 18, 2026 year
Seri B PT Bank KB Bukopin 8 Jul/ 8 Jul/ 3 tahun/ 6,65% idAAA* 243.000 - Series B
Jul 8, 2025 Jul 8, 2028 years
Seri C PT Bank KB Bukopin 8 Jul/ 8 Jul/ 5 tahun/ 6,85% idAAA* 537.000 - Series C
Jul 8, 2025 Jul 8, 2030 years
Medium-Term Notes III PNM PNM MTN III
Venture Capital Venture Capital
Tahun 2022 Seri A PT Bank Rakyat 18 Jan/ 25 Jan/ 3 tahun/ 10,25% idA-* 148.500 200.000 Year 2022
Indonesia Tbk Jan 18, 2023 Jan 25, 2026 years Series A
Tahun 2022 Seri B PT Bank Rakyat 21 Jul/ 25 Jan/ 3 tahun/ 10,25% idA-* 150.000 150.000 Year 2022
Indonesia Tbk Jul 21, 2023 Jan 25, 2026 years Series B
Medium-Term Notes V PNM PNM MTN V
Venture Capital Venture Capital
Phase II
Tahap II Tahun 2024 PT Bank Rakyat 18 Des/ 18 Des/ 3 tahun/ 10,00% idA-* 216.961 148.000 Year 2024
Indonesia Tbk Dec 18, 2024 Dec 18, 2027 years
Sukuk Mudharabah PNM Shelf Registration
Berkelanjutan I PNM Sukuk Mudharabah I
Tahap I Tahun 2021 Phase I Year 2021
Seri C PT Bank Mega Tbk 8 Jul/ 8 Jul/ 5 tahun/ 8,00% idAA+(sy)* 327.000 327.000 Series C
Jul 8, 2021 Jul 8, 2026 years
Tahap II Tahun 2023 Phase II Year 2023
Seri B PT Bank Mega Tbk 11 Apr/ 11 Apr/ 3 tahun/ 6,75% idAA+(sy)* 1.095.000 1.095.900 Series B
Apr 11, 2023 Apr 11, 2026 years
Tahap III Tahun 2024 Phase III Year 2024
Seri A PT Bank Mega Tbk 12 Jul/ 17 Jul/ 1 tahun/ 6,70% idAA+(sy)* - 169.060 Series A
Jul 12, 2024 Jul 17, 2025 year
Seri B PT Bank Mega Tbk 12 Jul/ 12 Jul/ 3 tahun/ 7,10% idAA+(sy)* 1.330.940 1.330.940 Series B
Jul 12, 2024 Jul 12, 2027 years
PNM Shelf
Sukuk Mudharabah Registration Sukuk
Jangka Menengah Mudharabah Medium
VI PNM Term VI
Tahap I tahun 2024 PT Bank Syariah 22 Ags/ 2 Sep/ 1 tahun/ 7,00% idAA+(sy)* - 500.000 Phase I Year 2024
Indonesia Aug 22, 2024 Sep 2, 2025 year
Tahap II tahun 2024 PT Bank Syariah 11 Okt/ 11 Okt/ 3 tahun/ 7,20% idAA+(sy)* 262.000 262.000 Phase II Year 2024
Indonesia Oct 11, 2024 Oct 11, 2027 year
Tahap III tahun 2024 PT Bank Syariah 26 Nov/ 26 Nov/ 3 tahun/ 7,20% idAA+(sy)* 110.000 110.000 Phase III Year 2024
Indonesia Nov 26, 2024 Nov 26, 2027 year
Tahap IV tahun 2024 PT Bank Syariah 19 Des/ 29 Des/ 1 tahun/ 7,00% idAA+(sy)* - 150.000 Phase IV Year 2024
Indonesia Dec 19, 2024 Dec 29, 2025 year
PNM Shelf
Sukuk Mudharabah Registration Sukuk
Jangka Menengah Mudharabah Medium
VII PNM Term VII
Tahap I tahun 2025 PT Bank Syariah 17 Jun/ 27 Jun/ 1 tahun/ 6,90 idAAA(sy)* 180.000 - Phase I Year 2025
Indonesia Jun 17, 2025 Jun 27, 2026 year
Tahap II tahun 2025 PT Bank Syariah 17 Jul/ 27 Jul/ 1 tahun/ 6,90 idAAA(sy)* 100.000 - ``Phase II Year 2025
Indonesia Jul 17, 2025 Jul 27, 2026 year
Tahap III tahun 2025 PT Bank Syariah 4 Sep/ 14 Sep/ 1 tahun/ 6,90 idAAA(sy)* 85.000 - Phase III Year 2025
Indonesia Sep 4, 2025 Sep 14, 2026 year
Tahap IV tahun 2025 PT Bank Syariah 19 Sep/ 29 Sep/ 1 tahun/ 6,90 idAAA(sy)* 635.000 - Phase IV Year 2025
Indonesia Sep 19, 2025 Sep 29, 2026 year
Tahap V tahun 2025 PT Bank Syariah 25 Nov/ 25 Nov/ 3 tahun/ 6,90 idAAA(sy)* 650.000 - Phase V Year 2025
Indonesia Nov 25, 2025 Nov 25, 2028 year
234
Page 1209
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
g) PNM (lanjutan) g) PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah (lanjutan) Rupiah (continued)
Sukuk Mudharabah Berwawasan PNM Socially Conscious
Sosial Orange Berkelanjutan I Orange Registration Sukuk
PNM Mudharabah I
Tahap I Tahun 2025 Phase I Year 2025
Seri A PT Bank KB Bukopin 8 Jul/ 18 Jul/ 1 tahun/ 6,25% idAAA(sy)* 989.995 - Series A
Jul 8, 2025 Jul 18, 2026 years
Seri B PT Bank KB Bukopin 8 Jul/ 8 Jul/ 3 tahun/ 6,65% idAAA(sy)* 150.000 - Series B
Jul 8, 2025 Jul 8, 2028 years
Seri C PT Bank KB Bukopin 8 Jul/ 8 Jul/ 5 tahun/ 6,85% idAAA(sy)* 610.005 - Series C
Jul 8, 2025 Jul 8, 2030 years
Tahap II Tahun 2025 Phase II Year 2025
Seri A PT Bank KB Bukopin 17 Okt/ 27 Okt/ 1 tahun/ 5,50% idAAA(sy)* 800.000 - Series A
Oct 17, 2025 Oct 27, 2026 years
Seri B PT Bank KB Bukopin 17 Okt/ 17 Okt/ 3 tahun/ 5,75% idAAA(sy)* 110.000 - Series B
Oct 17, 2025 Oct 17, 2028 years
Seri C PT Bank KB Bukopin 17 Okt/ 17 Okt/ 5 tahun/ 6,00% idAAA(sy)* 110.000 - Series C
Oct 17, 2025 Oct 17, 2030 years
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia (Pefindo) *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Pembayaran bunga obligasi, Medium Term Bond, Medium Term Notes interest and sukuk
Notes dan bagi hasil sukuk dilakukan setiap 3 profit sharing payments are paid every 3 (three)
(tiga) bulan sejak surat berharga diterbitkan. months since those marketable securities were
issued.
PNM telah memenuhi semua pembatasan yang PNM has fulfilled all the required restrictions as
diwajibkan serta pembayaran bunga dan nilai well as the payment of interest and principal
pokok obligasi melalui Kustodian Sentral Efek value of the bond through the Indonesia Central
Indonesia (“KSEI”). Securities Depository (“KSEI”).
Tidak ada jaminan pada penerbitan Sukuk There is no collateral in the issuance of Sukuk
Mudharabah Berkelanjutan I, Sukuk Mudharabah Berkelanjutan I, Sukuk
Mudharabah VI, VII, dan Sukuk Mudharabah Mudharabah VI, VII, and PNM Socially
Berwawasan Sosial Orange Berkelanjutan I Conscious Orange Registration Sukuk
Mudharabah I
Tujuan penerbitan sukuk adalah untuk The purpose of Sukuk’s issuance is to increase
tambahan modal kerja murabahah melalui murabahah working capital through Sharia
Mekaar Syariah dan UlaMM Syariah. Mekaar and Sharia UlaMM.
Obligasi berkelanjutan dan sukuk PNM yang PNM Shelf Registration Bond and Sukuk that
telah jatuh tempo telah dilunasi oleh PNM have matured respectively has been paid off by
sesuai tanggal jatuh tempo. PNM on its maturity date.
Pembatasan yang dipersyaratkan oleh Wali Restrictions required by the trustee:
Amanat untuk obligasi berkelanjutan dan sukuk:
1. Melakukan penjualan atau pengalihan aset 1. Sell or transfer the company's fixed assets
tetap perusahaan kepada pihak manapun to any party exceeding 50% of the value of
melebihi 50% dari nilai aset tetap dalam the fixed assets in the current year;
satu tahun berjalan;
235
Page 1210
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
g) PNM (lanjutan) g) PNM (continued)
Pembatasan yang dipersyaratkan oleh Wali Restrictions required by the trustee (continued):
Amanat untuk obligasi berkelanjutan dan sukuk
(lanjutan):
2. Mengadakan penggabungan dan/atau 2. Merger and/or consolidation with another
peleburan dengan perusahaan lain baik company either directly or indirectly and
secara langsung maupun tidak langsung liquidate the Company;
dan melakukan tindakan melikuidasi
Perusahaan;
3. Melakukan akuisisi saham atau aset; 3. Acquisition of shares or assets;
4. Mengubah bidang usaha Perusahaan 4. Change the Company's line of business
kecuali atas keputusan pemerintah; except by government decision;
5. Melakukan pengakhiran perjanjian- 5. Terminate company agreements that have
perjanjian perusahaan yang berdampak a material negative impact; and
negatif secara material; dan
6. Mengurangi modal dasar, modal yang 6. Reduce authorized capital, issued capital
ditempatkan dan modal disetor. and paid-up capital.
h) Pegadaian h) Pegadaian
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah Rupiah
Obligasi Berkelanjutan IV Pegadaian Shelf
Pegadaian Registration Bond IV
Tahap II Tahun 2020 Phase II Year 2020
Seri C PT Bank Mega Tbk 8 Jul/ 8 Jul/ 5 tahun/ 7,95% idAAA* - 142.000 Series C
Jul 8, 2020 Jul 8, 2025 years
Obligasi Berkelanjutan V Pegadaian Shelf
Pegadaian Registration Bond V
Tahap I Tahun 2022 Phase I Year 2022
Seri B PT Bank Mega Tbk 26 Apr/ 26 Apr/ 3 tahun/ 5,35% idAAA* - 598.000 Series B
Apr 26, 2022 Apr 26, 2025 years
Tahap II Tahun 2022 Phase II Year 2022
Seri B PT Bank Mega Tbk 16 Ags/ 16 Ags/ 3 tahun/ 5,75% idAAA* - 276.000 Series B
Aug 16, 2022 Aug 16, 2025 years
Tahap III Tahun 2023 Phase III Year 2023
Seri B PT Bank Mega Tbk 16 Jun/ 16 Jun/ 3 tahun/ 6,20% idAAA* 400.000 400.000 Series B
Jun 16, 2023 Jun 16, 2026 years
Tahap IV Tahun 2023 Phase IV Year 2023
Seri B PT Bank Mega Tbk 24 Ags/ 24 Ags/ 3 tahun/ 5,90% idAAA* 228.025 228.025 Series B
Aug 24, 2023 Aug 24, 2026 years
Tahap V Tahun 2024 Phase V Year 2024
Seri A PT Bank Mega Tbk 6 Feb/ 16 Feb/ 1 tahun/ 6,20% idAAA* - 590.615 Series A
Feb 6, 2024 Feb 16, 2025 year
Seri B PT Bank Mega Tbk 6 Feb/ 6 Feb/ 3 tahun/ 6,20% idAAA* 201.190 201.190 Series B
Feb 6, 2024 Feb 6, 2027 years
Obligasi Berkelanjutan VI Pegadaian Shelf
Pegadaian Registration Bond VI
Tahap I Tahun 2024 Phase I Year 2024
Seri A PT Bank Mega Tbk 5 Jul/ 15 Jul/ 1 tahun/ 6,55% idAAA* - 38.360 Series A
Jul 5, 2024 Jul 15, 2025 year
Seri B PT Bank Mega Tbk 5 Jul/ 5 Jul/ 3 tahun/ 6,65% idAAA* 51.115 51.115 Series B
Jul 5, 2024 Jul 5, 2027 years
Tahap II Tahun 2025 Phase II Year 2025
Seri A PT Bank Mega Tbk 28 Mei/ 8 Jun/ 1 tahun/ 6,65 idAAA* 2.148.105 - Series A
May 28, 2025 Jun 8, 2026 year
Seri B PT Bank Mega Tbk 28 Mei/ 28 Mei/ 3 tahun 6,80 idAAA* 2.309.205 - Series B
May 28, 2025 May 28, 2028 years
Tahap III Tahun 2025 Phase III Year 2025
Seri A PT Bank Mega Tbk 03 Sep/ 13 Sep/ 1 tahun/ 6,10 idAAA* 1.869.775 - Series A
Sep 03, 2025 Sep 13, 2026 year
Seri B PT Bank Mega Tbk 03 Sep/ 13 Sep/ 3 tahun 6,20 idAAA* 362.005 - Series B
Sep 03, 2025 Sep 13, 2028 years
Tahap IV Tahun 2025 Phase IV Year 2025
Seri A PT Bank Mega Tbk 13 Nov/ 23 Nov/ 1 tahun/ 5,25 idAAA* 2.700.000 - Series A
Nov 13, 2025 Nov 23, 2026 year
Seri B PT Bank Mega Tbk 13 Nov/ 13 Nov/ 3 tahun 5,50 idAAA* 521.435 - Series B
Nov 13, 2025 Nov 13, 2028 years
236
Page 1211
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
h) Pegadaian (lanjutan) h) Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2025/ 31 Des 2024/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2025 Dec 31, 2024 Type
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berwawasan Sosial Pegadaian Social Shelf
Berkelanjutan I Pegadaian Registration Bond I
Tahap I Tahun 2024 Phase I Year 2024
Seri A PT Bank Mega Tbk 5 Jul/ 15 Jul/ 1 tahun/ 6,55% idAAA* - 30.110 Series A
Jul 5, 2024 Jul 15, 2025 year
Seri B PT Bank Mega Tbk 5 Jul/ 5 Jul/ 3 tahun/ 6,65% idAAA* 30.055 30.055 Series B
Jul 5, 2024 Jul 5, 2027 years
Tahap II Tahun 2025 Phase II Year 2025
Seri A PT Bank Mega Tbk 28 Mei/ 8 Jun/ 1 tahun/ 6,65 idAAA* 954.245 - Series A
May 28, 2025 Jun 8, 2026 year
Seri B PT Bank Mega Tbk 28 Mei/ 28 Mei/ 3 tahun/ 6,68 idAAA* 985.590 - Series B
May 28, 2025 May 28, 2028 years
Sukuk Mudharabah Pegadaian Shelf
Berkelanjutan I Pegadaian Registration Sukuk
Mudharabah I
Tahap II Tahun 2020 Phase II Year 2020
Seri C PT Bank Mega Tbk 8 Jul/ 8 Jul/ 5 tahun/ 7,95% idAAA* - 80.500 Series C
Jul 8, 2020 Jul 8, 2025 years
Sukuk Mudharabah Pegadaian Shelf
Berkelanjutan II Pegadaian Registration Sukuk
Mudharabah II
Tahap I Tahun 2022 Phase I Year 2022
Seri B PT Bank Mega Tbk 26 Apr/ 26 Apr/ 3 tahun/ 3,60% idAAA* - 320.000 Series B
Apr 26, 2022 Apr 26, 2025 years
Tahap II Tahun 2022 Phase II Year 2022
Seri B PT Bank Mega Tbk 16 Ags/ 16 Ags/ 3 tahun/ 5,75% idAAA* - 245.000 Series B
Aug 16, 2022 Aug 16, 2025 years
Tahap IV Tahun 2023 PT Bank Mega Tbk 24 Ags/ 24 Ags/ 3 tahun/ 5,90% idAAA* 235.040 235.040 Phase IV
Aug 24, 2023 Aug 24, 2026 years Year 2023
Sukuk Mudharabah Pegadaian Shelf
Berkelanjutan III Pegadaian Registration Sukuk
Mudharabah III
Tahap I Tahun 2024 Phase I Year 2024
Seri A PT Bank Mega Tbk 5 Jul/ 15 Jul/ 1 tahun/ 6,55% idAAA* - 50.080 Series A
Jul 5, 2024 Jul 15, 2025 year
Seri B PT Bank Mega Tbk 5 Jul/ 5 Jul/ 3 tahun/ 6,65% idAAA* 18.045 18.045 Series B
Jul 5, 2024 Jul 5, 2027 years
Tahap II Tahun 2024 Phase II Year 2024
Seri A PT Bank Mega Tbk 27 Ags/ 7 Sep/ 1 tahun/ 6,65% idAAA* - 808.795 Series A
Aug 27, 2024 Sep 7, 2025 year
Tahap III Tahun 2024 Phase III Year 2024
Seri A PT Bank Mega Tbk 24 Des/ 4 Jan/ 1 tahun/ 6,25% idAAA* 752.005 752.005 Series A
Dec 24, 2024 Jan 4, 2026 year
Tahap IV Tahun 2025 Phase IV Year 2025
Seri A PT Bank Mega Tbk 28 Mei/ 8 Jun/ 1 tahun/ 6,65 idAAA* 1.517.220 - Series A
May 28,2025 Jun 8, 2026 year
Seri B PT Bank Mega Tbk 28 Mei/ 28 Mei/ 3 tahun/ 6,80 idAAA* 234.720 - Series B
May 28, 2025 May 28, 2028 years
Tahap V Tahun 2025 Phase V Year 2025
Seri A PT Bank Mega Tbk 03 Sep/ 13 Sep/ 1 tahun/ 6,10 idAAA* 1.454.130 - Series A
Sep 03,2025 Sep 13, 2026 year
Seri B PT Bank Mega Tbk 03 Sep/ 03 Sep/ 3 tahun/ 6,20 idAAA* 165.005 - Series B
Sep 03, 2025 Sep 03, 2028 years
Sukuk Mudharabah Pegadaian Shelf
Berkelanjutan Sosial I Registration Social
Pegadaian Sukuk Mudharabah I
Tahap I Tahun 2024 Phase I Year 2024
Seri A PT Bank Mega Tbk 5 Jul/ 15 Jul/ 1 tahun/ 6,65% idAAA* - 33.785 Series A
Jul 5, 2024 Jul 15, 2025 year
Seri B PT Bank Mega Tbk 5 Jul/ 5 Jul/ 3 tahun/ 6,65% idAAA* 100 100 Series B
Jul 5, 2024 Jul 5, 2027 years
Tahap II Tahun 2024 Phase II Year 2024
Seri A PT Bank Mega Tbk 27 Ags/ 7 Sep/ 1 tahun/ 6,65% idAAA* - 1.412.910 Series A
Aug 27, 2024 Sep 7, 2025 year
Tahap III Tahun 2025 Phase III Year 2025
Seri A PT Bank Mega Tbk 13 Nov/ 23 Nov/ 1 tahun/ 5,25% idAAA* 1.300.000 33.785 Series A
Nov 13, 2025 Nov 23, 2026 year
Seri B PT Bank Mega Tbk 13 Nov/ 13 Nov/ 3 tahun/ 5,50% idAAA* 253.205 100 Series B
Nov 13, 2025 Nov 13, 2028 years
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia (Pefindo) *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Pembayaran bunga obligasi dan bagi hasil Bond interest and sukuk profit sharing payments
sukuk dilakukan setiap 3 (tiga) bulan sejak surat are paid every 3 (three) months since those
berharga diterbitkan. marketable securities were issued.
237
Page 1212
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
24. SURAT BERHARGA YANG DITERBITKAN 24. MARKETABLE SECURITIES ISSUED (continued)
(lanjutan)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan surat berharga yang diterbitkan marketable securities issued (continued):
(lanjutan):
h) Pegadaian (lanjutan) h) Pegadaian (continued)
Pegadaian telah memenuhi semua Pegadaian has fulfilled all the required
pembatasan yang diwajibkan serta restrictions as well as the payment of interest
pembayaran bunga dan nilai pokok obligasi and principal value of the bond through the
melalui Kustodian Sentral Efek Indonesia Indonesia Central Securities Depository
(‘‘KSEI‘‘). (“KSEI”).
Obligasi Berkelanjutan dan sukuk Pegadaian Pegadaian Shelf Registration Bond and Sukuk
yang telah jatuh tempo telah dilunasi oleh that have matured respectively has been paid off
Pegadaian sesuai tanggal jatuh tempo. by Pegadaian on its maturity date.
25. PINJAMAN YANG DITERIMA 25. FUND BORROWINGS
Pinjaman yang diterima terdiri atas: Fund borrowings consist of:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
Bank Indonesia Bank Indonesia
Pinjaman likuiditas 14.332 14.285 Liquidity borrowing
Pinjaman lainnya 5.487 5.607 Other borrowings
Pinjaman lainnya 60.110.772 41.171.174 Other borrowings
60.130.591 41.191.066
Mata uang asing Foreign currency
Pinjaman sindikasi social dan club loan Syndicated Borrowing
setelah dikurangi biaya transaksi Social and club loan
yang belum diamortisasi 16.625.639 15.955.122 net of unamortized
Pinjaman sustainability-linked loan Sustainability-linked loan borrowing
setelah dikurangi biaya transaksi net of unamortized
yang belum diamortisasi 8.288.446 12.797.756 transaction cost
Pinjaman sindikasi club loan Syndicated Borrowing - Club loan
setelah dikurangi biaya transaksi net of unamortized
yang belum diamortisasi - 4.818.188 transaction cost
Pinjaman dari BNP Paribas Borrowing from BNP Paribas
setelah dikurangi biaya transaksi net of unamortized
yang belum diamortisasi - 64.233 transaction cost
Pinjaman lainnya 7.604.755 16.387.152 Other Borrowings
32.518.840 50.022.451
92.649.431 91.213.517
238
Page 1213
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Pinjaman yang diterima terdiri atas (lanjutan): Fund borrowings consist of (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Pinjaman dari Borrowing from
PT Bank Mandiri (Persero) Tbk 11.394.733 20.145.401 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 11.140.273 7.822.181 (Persero) Tbk
Pusat Investasi Pemerintah 7.408.253 7.399.922 Government Investment Center
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 5.000.000 - (Persero) Tbk
PT Bank Syariah Indonesia Tbk 1.461.095 955.477 PT Bank Syariah Indonesia Tbk
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 132.331 317.801 (Persero)
PT Bank Hibank Indonesia - 505 PT Bank Hibank Indonesia
PT Danareksa Finance - 25.000 PT Danareksa Finance
36.536.685 36.666.287
Total 129.186.116 127.879.804 Total
Klasifikasi jangka waktu pinjaman yang diterima The classification of fund borrowing based on their
berdasarkan sisa umur sampai dengan saat jatuh remaining periods until maturity is as follows:
tempo adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
≤ 1 bulan 35.800.253 26.144.310 ≤ 1 month
> 1 bulan - 3 bulan 6.479.158 3.674.249 > 1 month - 3 months
> 3 bulan - 1 tahun 10.056.846 2.578.442 > 3 months - 1 year
> 1 tahun - 5 tahun 7.788.847 8.788.458 > 1 year - 5 years
> 5 tahun 5.487 5.607 > 5 years
60.130.591 41.191.066
Mata uang asing Foreign currency
≤ 1 bulan 2.334.500 5.363.602 ≤ 1 month
> 1 bulan - 3 bulan 4.468.881 8.755.533 > 1 month - 3 months
> 3 bulan - 1 tahun 8.973.447 11.794.546 > 3 months - 1 year
> 1 tahun - 5 tahun 16.742.012 24.108.770 > 1 year - 5 years
32.518.840 50.022.451
92.649.431 91.213.517
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
≤ 1 bulan 14.711.000 20.422.680 ≤ 1 month
> 1 bulan - 3 bulan 12.958.707 3.755.919 > 1 month - 3 months
> 3 bulan - 1 tahun 2.357.046 5.771.248 > 3 month - 1 year
> 1 tahun - 5 tahun 6.497.375 6.702.818 > 1 year - 5 years
> 5 tahun 12.557 13.622 > 5 years
36.536.685 36.666.287
Total 129.186.116 127.879.804 Total
239
Page 1214
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima: fund borrowings:
Pinjaman lainnya Other borrowings
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah Rupiah
Bank Indonesia Bank Indonesia
Lainnya 5.487 5.607 Others
Lainnya Others
PT Bank Central Asia Tbk 27.567.508 16.435.265 PT Bank Central Asia Tbk
PT Bank SMBC Indonesia Tbk 4.150.000 1.300.000 PT Bank SMBC Indonesia Tbk
PT Bank Permata Tbk 3.350.000 3.789.996 PT Bank Permata Tbk
PT Bank CIMB Niaga Tbk - PT Bank CIMB Niaga Tbk -
unit usaha syariah 3.014.500 - unit usaha syariah
PT Bank Pan Indonesia Tbk 1.905.923 1.205.027 PT Bank Pan Indonesia Tbk
PT Bank Permata - PT Bank Permata -
unit usaha syariah 1.850.000 - unit usaha syariah
PT Bank HSBC Indonesia 1.540.000 1.227.001 PT Bank HSBC Indonesia
PT Bank DKI - PT Bank DKI -
unit usaha syariah 1.189.349 - unit usaha syariah
PT Bank DKI 1.174.995 1.768.970 PT Bank DKI
PT Bank CIMB Niaga Tbk 1.013.477 3.768.454 PT Bank CIMB Niaga Tbk
PT Bank Danamon Indonesia Tbk - PT Bank Danamon Indonesia Tbk -
unit usaha syariah 1.025.865 - unit usaha syariah
PT Bank Maybank Indonesia Tbk - PT Bank Maybank Indonesia -
unit usaha syariah 800.000 - unit usaha syariah
PT Bank DBS 800.000 1.000.000 PT Bank DBS
PT Bank of China 800.000 350.000 PT Bank of China
PT Bank UOB Indonesia 700.000 950.000 PT Bank UOB Indonesia
PT Bank QNB Indonesia Tbk 700.000 350.000 PT Bank QNB Indonesia Tbk
PT Bank BNP Paribas 700.000 600.000 PT Bank BNP Paribas
PT BPD Bali 658.157 - PT BPD Bali
PT Bank Danamon Indonesia Tbk 650.000 504.008 PT Bank Danamon Indonesia Tbk
Citibank N.A. 650.000 350.000 Citibank N.A
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Barat 600.000 - Kalimantan Barat
PT Bank ICBC Indonesia 599.994 399.988 PT Bank ICBC Indonesia
PT Bank of India Indonesia Tbk 586.434 756.028 PT Bank of India Indonesia Tbk
PT Bank China Construction Bank PT Bank China Construction Bank
Indonesia Tbk 457.690 257.544 Indonesia Tbk
PT Bank Muamalat Indonesia Tbk 432.755 - PT Bank Muamalat Indonesia Tbk
PT Bank SBI Indonesia 399.980 399.968 PT Bank SBI Indonesia
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Tengah 376.564 462.856 Kalimantan Tengah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Daerah Istimewa Yogyakarta 339.384 497.450 Daerah Istimewa Yogyakarta
PT Bank Panin Dubai Syariah Tbk 282.676 264.687 PT Bank Panin Dubai Syariah Tbk
PT Bank Maspion Indonesia Tbk 275.000 275.000 PT Bank Maspion Indonesia Tbk
PT OCBC NISP Tbk 250.000 35.000 PT OCBC NISP Tbk
PT Bank Resona Perdania 249.894 249.755 PT Bank Resona Perdania
PT Bank Shinhan Indonesia 206.079 280.935 PT Bank Shinhan Indonesia
The Bank of Tokyo Mitsubishi UFJ 190.000 350.000 The Bank of Tokyo Mitsubishi UFJ
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Selatan 158.106 48.032 Kalimantan Selatan
PT Bank Mizuho Indonesia 100.000 300.000 PT Bank Mizuho Indonesia
PT Bank BCA Syariah 65.770 74.874 PT Bank BCA Syariah
PT Bank Aceh Syariah 51.536 28.995 PT Bank Aceh Syariah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Riau Kepri Syariah 50.000 - Riau Kepri Syariah
PT Bank Victoria International Tbk 50.000 228.223 PT Bank Victoria International Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Barat dan Banten Tbk 50.000 416.667 Jawa Barat dan Banten Tbk
PT Bank Maybank Indonesia Tbk 40.268 2.026.025 PT Bank Maybank Indonesia Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Selatan dan Sulawesi Selatan dan
Sulawesi Barat 34.135 10.301 Sulawesi Barat
PT Bank Nagari Syariah 23.725 - PT Bank Nagari Syariah
240
Page 1215
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
Pinjaman lainnya (lanjutan) Other borrowings (continued)
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga (lanjutan) Third parties (continued)
Rupiah (lanjutan) Rupiah (continued)
Lainnya (lanjutan) Others (continued)
PT Bank BPR Rizky Barokah 888 - PT Bank BPR Rizky Barokah
Lembaga Pengelola Dana Bergulir 120 1.563 Lembaga Pengelola Dana Bergulir
PT Bank IBK Indonesia Tbk - 123.013 PT Bank IBK Indonesia Tbk
PT Bank Oke Indonesia Tbk - 85.549 PT Bank Oke Indonesia Tbk
60.110.772 41.171.174
60.116.259 41.176.781
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
OCBC Ltd, 140.000.000 2.334.500 50.000.000 804.750 OCBC Ltd
MUFG Bank Ltd. 100.000.000 1.667.500 445.000.000 7.162.275 MUFG Bank Ltd.
The Bank of America, Singapore 50.000.000 833.750 - The Bank of America, Singapore
The Bank of New York Mellon The Bank of New York Mellon
Corporation 40.000.000 667.000 120.000.000 1.931.400 Corporation
Standard Chartered Bank, Jakarta 30.000.000 500.250 110.000.000 1.770.450 Standard Chartered Bank, Jakarta
DZ Bank AG 30.000.000 500.250 - DZ Bank AG
PT Bank Danamon Indonesia Tbk 23.495.892 391.795 24.067.847 387.372 PT Bank Danamon Indonesia Tbk
CTBC Bank Co, Ltd, 1.258.051 20.977 81.276.048 1.308.138 CTBC Bank Co. Ltd
Asian Development Bank 223.868 3.733 284.374 4.577 Asian Development Bank
United Overseas Bank Limited - 75.789.251 1.219.828 United Overseas Bank Limited
Mashreq Bank - 30.000.000 482.850 Mashreq Bank
6.919.755 15.071.640
Euro Eropa European Euro
PT Bank HSBC Indonesia 35.000.000 685.000 35.000.000 586.534 PT Bank HSBC Indonesia
Emirates NBD - 43.500.000 728.978 Emirates NBD
685.000 1.315.512
7.604.755 16.387.152
Total 67.721.014 57.563.933 Total
a) Pinjaman dari Bank Indonesia a) Borrowing from Bank Indonesia
Pinjaman likuiditas Liquidity borrowing
Pinjaman ini merupakan fasilitas kredit yang This borrowing represents loan facilities
diperoleh dari Bank Indonesia untuk obtained from Bank Indonesia that are
dipinjamkan kembali kepada debitur-debitur channeled back to BRI’s debtors for the
BRI antara lain untuk keperluan Kredit purposes of Investment Loans, Primary
Investasi, Kredit Koperasi Primer untuk Cooperative Loans for Sugar Cane Farmer
Anggota Tebu Rakyat, Pinjaman untuk BULOG Members, BULOG and Village Cooperative
dan KUD, Kredit Modal Kerja Permanen, Units Loans, Permanent Working Capital Loans,
Pupuk, dan lain-lain. Fertilizers and others.
Tingkat suku bunga rata-rata untuk tahun yang The average interest rates are 0.02% for the
berakhir pada tanggal-tanggal 31 Desember years ended December 31, 2025 and 2024.
2025 dan 2024 masing-masing adalah sebesar
0,02%.
241
Page 1216
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
b) Pinjaman sindikasi club loan b) Syndicated borrowing - club loan
Pada tanggal 14 Oktober 2020, telah dilakukan On October 14, 2020, a withdrawal has been
penarikan untuk sisa fasilitas pinjaman sindikasi made for the remaining syndicated loan facility in
berupa club loan sebesar ASD300.000.000 the form of a club loan amounting to
(nilai penuh) yang difasilitasi oleh Citicorp USD300,000,000 (full amount), facilitated by
International Limited (agent), sebagai berikut: Citicorp International Limited (agent), as follows:
Valuta asing
Tingkat Bunga (nilai penuh)/
Tanggal Tanggal Jangka per tahun/ Foreign
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ currency
Jenis Lender Deal Date Maturity Date Tenor per annum Currency (full amount) Type
Club loan China Development 14 Okt/ 7 Ags/ 60 bulan/ SOFR (3 bulanan) ASD/ USD 150.000.000 Club loan
Bank Oct 14, 2020 Aug 7, 2025 months + marjin tertentu/
SOFR (3 months)
+ certain margin
Club loan CTBC Bank Co.,Ltd 14 Okt/ 7 Ags/ 60 bulan/ SOFR (3 bulanan) ASD/ USD 25.000.000 Club loan
Oct 14, 2020 Aug 7, 2025 months + marjin tertentu
SOFR (3 months)
+ certain margin
Club loan MUFG Bank Ltd 14 Okt/ 7 Ags/ 60 bulan/ SOFR (3 bulanan) ASD/ USD 20.000.000 Club loan
Singapore Oct 14, 2020 Aug 7, 2025 months + marjin tertentu
SOFR (3 months)
+ certain margin
Club loan Standard Chartered 14 Okt/ 7 Ags/ 60 bulan/ SOFR (3 bulanan) ASD/ USD 50.000.000 Club loan
Bank (Singapore) Oct 14, 2020 Aug 7, 2025 months + marjin tertentu/
SOFR (3 months)
+ certain margin
Club loan Sumitomo Mitsui 14 Okt/ 7 Ags/ 60 bulan/ SOFR (3 bulanan) ASD/ USD 50.000.000 Club loan
Banking Corporation Oct 14, 2020 Aug 7, 2025 months + marjin tertentu/
Singapore SOFR (3 months)
+ certain margin
Club loan United Overseas 14 Okt/ 7 Ags/ 60 bulan/ SOFR (3 bulanan) ASD/ USD 5.000.000 Club loan
Bank Limited Oct 14, 2020 Aug 7, 2025 months + marjin tertentu/
SOFR (3 months)
+ certain margin __________
300.000.000
Persyaratan-persyaratan penting (financial The financial covenants in this borrowing
covenants) dalam perjanjian pinjaman ini antara agreement, among others, are maintaining the
lain menjaga rasio keuangan sebagai berikut: financial ratios as follows:
Nilai Capital Adequacy Ratio (CAR) Minimum Capital Adequacy Ratio (CAR) of
minimum 9%. 9%.
Rasio Non-Performing Loan (NPL) Maximum Non-Performing Loan (NPL) ratio
maksimum 5%. of 5%.
Mematuhi setiap rasio keuangan yang Any other applicable financial ratios
berlaku lainnya yang ditetapkan oleh imposed by Bank Indonesia and OJK from
Bank Indonesia dan OJK dari waktu ke time to time.
waktu.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025, and 2024, BRI has
2024, BRI telah memenuhi persyaratan penting fulfilled the important requirements outlined in the
dalam perjanjian pinjaman yang diterima, serta fund borrowing agreements and has settled the
telah melunasi pinjaman yang diterima pada fund borrowing on its maturity date.
tanggal jatuh temponya.
242
Page 1217
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
c) Pinjaman dari BNP Paribas c) Borrowing from BNP Paribas
Pada tanggal 7 Juni 2016, BRI telah On June 7, 2016, BRI signed a loan facility
menandatangani perjanjian fasilitas pinjaman agreement with BNP Paribas under the Export
dari BNP Paribas dengan skema Export Credit Credit Financing (ECF) scheme to finance the
Financing (ECF) untuk membiayai komponen BRIsat components and launch services carried
dan jasa peluncuran BRIsat yang dilakukan out by Arianespace France. This borrowing
oleh Arianespace Perancis. Pinjaman ini terdiri consists of 2 (two) facilities, which are:
dari 2 (dua) fasilitas, yaitu:
Valuta asing
Tingkat Bunga (nilai penuh)/
Tanggal Tanggal Jangka per tahun/ Foreign
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ currency
Jenis Lender Deal Date Maturity Date Tenor per annum Currency (full amount) Type
Tranche Banque Publique BNP Paribas 7 Jun/ 3 Feb/ 103 bulan/ SOFR (6 bulanan) ASD/ USD 49.961.501,23 Tranche Banque Publique
d’Investissement Jun 7, 2016 Feb 3, 2025 months + marjin tertentu/ d’Investissement
SOFR (6 months)
+ certain margin
Tranche Hermes BNP Paribas 7 Jun/ 3 Feb/ 103 bulan/ SOFR (6 bulanan) ASD/ USD 9.901.308,77 Tranche Hermes
Jun 7, 2016 Feb 3, 2025 months + marjin tertentu/
SOFR (6 months)
+ certain margin
59.862.810,00
Angsuran pokok dibayarkan setiap 6 (enam) The principal installments are paid every 6 (six)
bulan bersamaan dengan pembayaran bunga. months along with interest payments. For the
Untuk fasilitas Tranche BPI, angsuran pokok BPI Tranche facility, the principal installments
pertama kali mulai dibayarkan pada tanggal 5 amounting to USD3,330,767 (full amount) are
Februari 2018 sebesar ASD3.330.767 (nilai paid starting from February 5, 2018 until
penuh) sampai dengan jatuh tempo. maturity. For Hermes Tranche facility, the
Sedangkan untuk fasilitas Tranche Hermes, principal installments amounting to USD660,087
angsuran pokok pertama kali mulai dibayarkan (full amount) are paid starting from February 5,
pada tanggal 5 Februari 2018 sebesar 2018 until maturity. BRI does not provide any
ASD660.087 (nilai penuh) sampai dengan jatuh collateral for these borrowings.
tempo. BRI tidak memberikan jaminan apapun
atas pinjaman ini.
Persyaratan-persyaratan penting dalam The financial covenants in this borrowing
perjanjian pinjaman ini antara lain menjaga agreement, among others, are maintaining the
rasio keuangan sebagai berikut: financial ratios as follows:
Nilai Capital Adequacy Ratio (CAR) Minimum Capital Adequacy Ratio (CAR) of
minimum 9%. 9%.
Rasio Non-Performing Loan (NPL) Maximum Non-Performing Loan (NPL) ratio
maksimum 5%. of 5%.
Mematuhi setiap rasio keuangan yang Any other applicable financial ratios
berlaku lainnya yang ditetapkan oleh imposed by Bank Indonesia and OJK from
Bank Indonesia dan OJK dari waktu ke time to time.
waktu.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025, and 2024, BRI has
2024, BRI telah memenuhi persyaratan penting fulfilled the important requirements outlined in the
dalam perjanjian pinjaman yang diterima, serta fund borrowing agreements and has settled the
telah melunasi pinjaman yang diterima pada fund borrowing on its maturity date.
tanggal jatuh temponya.
243
Page 1218
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
d) Pinjaman sindikasi Sustainability - Linked Loan d) Syndicated Borrowing - Sustainability Linked
Loan
Pada tanggal 30 Agustus 2022, BRI On August 30, 2022, BRI received a syndicated
mendapatkan fasilitas pinjaman sindikasi loan facility in the form of a Sustainability-linked
berupa Sustainability-linked Loan dengan total Loan with a total loan of USD1,000,000,000 (full
pinjaman sebesar ASD1.000.000.000 (nilai amount). This loan is facilitated by PT Bank
penuh). Pinjaman ini difasilitasi oleh PT Bank HSBC Indonesia (agent), the withdrawals that
HSBC Indonesia (agent), penarikan yang telah have been made are divided into:
dilakukan terbagi atas:
a. Fasilitas B sebesar ASD300.000.000 (nilai a. Facility B amounted to USD300,000,000
penuh), dengan suku bunga Compounded (full amount), with interest at Compounded
SOFR ditambah marjin tertentu per tahun. SOFR plus a certain margin per year. The
Jangka waktu pinjaman selama 36 (tiga loan term is 36 (thirty six) months from
puluh enam) bulan sejak tanggal 15 September 15, 2022 and has matured on
September 2022 dan telah jatuh tempo September 15, 2025. The participating
pada tanggal 15 September 2025. Bank banks for this loan are:
yang ikut berpartisipasi dalam pinjaman ini
adalah:
Valuta asing
Tingkat Bunga (nilai penuh)/
Tanggal Tanggal Jangka per tahun/ Foreign
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ currency
Jenis Lender Deal Date Maturity Date Tenor per annum Currency (full amount) Type
Sustainability-linked loan CTBC Bank Co.,Ltd 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas B Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
SOFR
+ certain margin
Sustainability-linked loan DBS Bank Ltd 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas B Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
SOFR
+ certain margin
Sustainability-linked loan The Hongkong and 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas B Shanghai Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
Banking Co.,Ltd SOFR
+ certain margin
Sustainability-linked loan The Korea 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 30.000.000 Sustainability-linked loan
Fasilitas B Development Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
Bank Singapore SOFR
+ certain margin
Sustainability-linked loan The Korea 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 10.000.000 Sustainability-linked loan
Fasilitas B Development Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
Bank Tokyo SOFR
+ certain margin
Sustainability-linked loan MUFG Bank Ltd 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas B Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
SOFR
+ certain margin
Sustainability-linked loan Oversea Chinese 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas B Banking Co Ltd Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
SOFR
+ certain margin
Sustainability-linked loan Standard Chartered 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 20.000.000 Sustainability-linked loan
Fasilitas B Bank (Singapore) Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
Limited SOFR
+ certain margin
Sustainability-linked loan United Overseas 15 Sep/ 15 Sep/ 36 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas B Bank Limited Sep 15, 2022 Sep 15, 2025 months + marjin tertentu/ B Facility
SOFR
+ certain margin ___________
300.000.000
244
Page 1219
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
d) Pinjaman sindikasi Sustainability - Linked Loan d) Syndicated Borrowing - Sustainability Linked
(lanjutan) Loan (continued)
b. Fasilitas C sebesar ASD500.000.000 (nilai b. Facility C amounted to USD500,000,000
penuh) dengan suku bunga Compounded (full amount), with interest at Compounded
SOFR ditambah marjin tertentu per tahun. SOFR plus a certain margin per year. The
Jangka waktu pinjaman selama 48 bulan loan has a term of 48 months from
sejak tanggal 30 Desember 2022 dan akan December 30, 2022 and will mature on
jatuh tempo pada tanggal 15 September September 15, 2026. The participating
2026. Bank yang ikut berpartisipasi dalam banks for this loan are:
pinjaman ini adalah:
Valuta asing
Tingkat Bunga (nilai penuh)/
Tanggal Tanggal Jangka per tahun/ Foreign
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ currency
Jenis Lender Deal Date Maturity Date Tenor per annum Currency (full amount) Type
Sustainability-linked loan BNP Paribas 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 90.000.000 Sustainability-linked loan
Fasilitas C Singapura Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
SOFR
+ certain margin
Sustainability-linked loan CTBC Bank 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas C Co.,Ltd Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
SOFR
+ certain margin
Sustainability-linked loan DBS Bank 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas C Co.,Ltd Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
SOFR
+ certain margin
Sustainability-linked loan The Hongkong 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas C and Shanghai Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
Banking Co Ltd SOFR
+ certain margin
Sustainability-linked loan The Korea 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 30.000.000 Sustainability-linked loan
Fasilitas C Development Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
Bank Singapore SOFR
+ certain margin
Sustainability-linked loan The Korea 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 10.000.000 Sustainability-linked loan
Fasilitas C Development Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
Bank Tokyo SOFR
+ certain margin
Sustainability-linked loan PT Bank Mizuho 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 80.000.000 Sustainability-linked loan
Fasilitas C Indonesia Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
SOFR
+ certain margin
Sustainability-linked loan MUFG Bank Ltd 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas C Jakarta Branch Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
SOFR
+ certain margin
Sustainability-linked loan The Bank OCBC 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 40.000.000 Sustainability-linked loan
Fasilitas C NISP Tbk Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
SOFR
+ certain margin
Sustainability-linked loan Standard Chartered 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 80.000.000 Sustainability-linked loan
Fasilitas C Bank (Singapore) Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
Limited SOFR
+ certain margin
Sustainability-linked loan United Overseas 30 Des/ 15 Sep/ 48 bulan/ SOFR ASD/ USD 10.000.000 Sustainability-linked loan
Fasilitas C Bank Limited Dec 30, 2022 Sep 15, 2026 months + marjin tertentu/ C Facility
SOFR
+ certain margin ___________
500.000.000
245
Page 1220
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
d) Pinjaman sindikasi Sustainability - Linked Loan d) Syndicated Borrowing - Sustainability Linked
(lanjutan) Loan (continued)
Persyaratan-persyaratan penting dalam The financial covenants in this borrowing
perjanjian pinjaman ini antara lain menjaga agreement, among others, are maintaining the
rasio keuangan sebagai berikut : financial ratios as follows:
Nilai Capital Adequacy Ratio (CAR) Minimum Capital Adequacy Ratio (CAR) of
minimum 9%. 9%.
Rasio Non-Performing Loan (NPL) Maximum Non-Performing Loan (NPL) ratio
maksimum 5%. of 5%.
Mematuhi setiap rasio keuangan yang Any other applicable financial ratios
berlaku lainnya yang ditetapkan oleh imposed by Bank Indonesia and OJK from
Bank Indonesia dan OJK dari waktu ke time to time.
waktu.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI has
2024, BRI telah memenuhi persyaratan penting fulfilled the important requirements outlined in
dalam perjanjian pinjaman yang diterima, serta the fund borrowing agreements, and has settled
telah melunasi pinjaman yang diterima pada the fund borrowing on its maturity date.
tanggal jatuh temponya.
e) Pinjaman sindikasi Social dan Club Loan e) Syndicated Borrowing - Social and Club Loan
a. Fasilitas A sebesar ASD800.000.000 (nilai a. Facility A amounted to USD800,000,000
penuh) dengan suku bunga Term SOFR 3 (full amount), with interest at Term SOFR 3
bulan ditambah marjin tertentu per tahun. months plus a certain margin per year. The
Jangka waktu pinjaman selama 36 bulan loan has a term of 36 months from August 6,
sejak tanggal 6 Agustus 2024 dan akan 2024 and will mature on July 27, 2027. The
jatuh tempo pada tanggal 27 Juli 2027. participating banks for this loan are:
Bank yang ikut berpartisipasi dalam
pinjaman ini adalah:
Valuta asing
Tingkat Bunga (nilai penuh)/
Tanggal Tanggal Jangka per tahun/ Foreign
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ currency
Jenis Lender Deal Date Maturity Date Tenor per annum Currency (full amount) Type
Social and club loan ANZ Banking 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 17.500.000 Social and club loan
Fasilitas A Group Ltd Aug 6, 2024 Jul 27 2027 months + marjin tertentu/ A Facility
Singapore TSOFR
+ certain margin
Social and club loan PT Bank ANZ 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 62.500.000 Social and club loan
Fasilitas A Indonesia Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social and club loan Bank of China 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 39.000.000 Social and club loan
Fasilitas A Co.,Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social and club loan Bank of China 6 Ags/ 27 Jul / 36 bulan/ TSOFR ASD/ USD 25.000.000 Social and club loan
Fasilitas A Co.,Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Indonesia TSOFR
+ certain margin
Social and club loan Bank of China 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 40.000.000 Social and club loan
Fasilitas A Co.,Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Singapore TSOFR
+ certain margin
Social and club loan Citibank N.A. 6 Ags/ 27 Jul / 36 bulan/ TSOFR ASD/ USD 60.000.000 Social and club loan
Fasilitas A Indonesia Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
246
Page 1221
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
e) Pinjaman sindikasi Social dan Club Loan e) Syndicated Borrowing - Social and Club Loan
(lanjutan) (continued)
a. Fasilitas A sebesar ASD800.000.000 (nilai a. Facility A amounted to USD800,000,000
penuh) dengan suku bunga Term SOFR 3 (full amount), with interest at Term SOFR 3
bulan ditambah marjin tertentu per tahun. months plus a certain margin per year. The
Jangka waktu pinjaman selama 36 bulan loan has a term of 36 months from August 6,
sejak tanggal 6 Agustus 2024 dan akan 2024 and will mature on July 27, 2027. The
jatuh tempo pada tanggal 27 Juli 2027. participating banks for this loan are
Bank yang ikut berpartisipasi dalam (continued):
pinjaman ini adalah (lanjutan):
Valuta asing
Tingkat Bunga (nilai penuh)/
Tanggal Tanggal Jangka per tahun/ Foreign
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ currency
Jenis Lender Deal Date Maturity Date Tenor per annum Currency (full amount) Type
Social and club loan Citibank N.A. 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 20.000.000 Social and club loan
Fasilitas A Singapore Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social and club loan CTBC Bank 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 80.000.000 Social and club loan
Fasilitas A Co., Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social and club loan Development 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 80.000.000 Social and club loan
Fasilitas A Bank Singapore Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Bank Ltd TSOFR
+ certain margin
Social and club loan The Hongkong and 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 80.000.000 Social and club loan
Fasilitas A Shanghai Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Banking Co.,Ltd TSOFR
Singapore + certain margin
Social and club loan PT Bank Mizuho 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 80.000.000 Social and club loan
Fasilitas A Indonesia Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social and club loan Overseas-Chinese 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 71.000.000 Social and club loan
Fasilitas A Banking Co., Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social and club loan PT Bank OCBC 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 25.000.000 Social and club loan
Fasilitas A NISP Tbk Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Indonesia TSOFR
+ certain margin
Social and club loan United Overseas 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 120.000.000 Social and club loan
Fasilitas A Bank Co., Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin ___________
800.000.000
247
Page 1222
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
e) Pinjaman sindikasi Social dan Club Loan e) Syndicated Borrowing - Social and Club Loan
(lanjutan) (continued)
b. Fasilitas B sebesar ASD200.000.000 (nilai b. Facility B amounted to USD200,000,000
penuh) dengan suku bunga Term SOFR 3 (full amount), with interest at Term SOFR 3
bulan ditambah marjin tertentu per tahun. months plus a certain margin per year. The
Jangka waktu pinjaman selama 36 bulan loan has a term of 36 months from August
sejak tanggal 22 Agustus 2024 dan akan 22, 2024 and will mature on July 27, 2027.
jatuh tempo pada tanggal 27 Juli 2027. The participating banks for this loan are:
Bank yang ikut berpartisipasi dalam
pinjaman ini adalah:
Valuta asing
Tingkat Bunga (nilai penuh)/
Tanggal Tanggal Jangka per tahun/ Foreign
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ currency
Jenis Lender Deal Date Maturity Date Tenor per annum Currency (full amount) Type
Social and club loan ANZ Banking 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 20.000.000 Social and club loan
Fasilitas B Group Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Singapore TSOFR
+ certain margin
Social and club loan Bank of China 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 16.000.000 Social and club loan
Fasilitas B Co.,Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social and club loan Bank of China 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 10.000.000 Social and club loan
Fasilitas B Co.,Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Singapore TSOFR
+ certain margin
Social and club loan Citibank N.A. 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 20.000.000 Social and club loan
Fasilitas B Singapore Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social and club loan CTBC Bank 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 20.000.000 Social and club loan
Fasilitas B Co., Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social and club loan Development 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 20.000.000 Social and club loan
Fasilitas B Bank Singapore Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Bank Ltd TSOFR
+ certain margin
Social and club loan The Hongkong and 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 20.000.000 Social and club loan
Fasilitas B Shanghai Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Banking Co.,Ltd TSOFR
Singapore + certain margin
Social and club loan Mizuho Bank 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 20.000.000 Social and club loan
Fasilitas B Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Singapore TSOFR
+ certain margin
Social and club loan Overseas-Chinese 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 24.000.000 Social and club loan
Fasilitas B Banking Co., Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social and club loan United Overseas 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/USD 30.000.000 Social and club loan
Fasilitas B Bank Co., Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin ___________
200.000.000
248
Page 1223
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
e) Pinjaman sindikasi Social dan Club Loan e) Syndicated Borrowing - Social and Club Loan
(lanjutan) (continued)
Persyaratan-persyaratan penting dalam The financial covenants in this borrowing
perjanjian pinjaman ini antara lain menjaga agreement, among others, are maintaining the
rasio keuangan sebagai berikut : financial ratios as follows:
Nilai Capital Adequacy Ratio (CAR) Minimum Capital Adequacy Ratio (CAR) of
minimum 9%. 9%.
Rasio Non-Performing Loan (NPL) Maximum Non-Performing Loan (NPL) ratio
maksimum 5%. of 5%.
Mematuhi setiap rasio keuangan yang Any other applicable financial ratios
berlaku lainnya yang ditetapkan oleh imposed by Bank Indonesia and OJK from
Bank Indonesia dan OJK dari waktu ke time to time.
waktu.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI has
2024, BRI telah memenuhi persyaratan penting fulfilled the important requirements outlined in
dalam perjanjian pinjaman yang diterima. the fund borrowing agreements.
f) Pinjaman Diterima Pegadaian f) Fund Borrowings – Pegadaian
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas KMK PT Bank Mandiri 14 Mei/ 13 Mei/ 12 bulan/ SOFR IDR 71.321 WCC Facility
(Persero) Tbk May 14, 2025 May 13, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 2 Okt/ 30 Jan/ 4 bulan/ SOFR IDR 2.000.000 WCC Facility
(Persero) Tbk Oct 2, 2025 Jan 30, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 3 Okt/ 30 Jan/ 4 bulan/ SOFR IDR 600.000 WCC Facility
(Persero) Tbk Oct 3, 2025 Jan 30, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 22 Sep/ 22 Jan/ 4 bulan/ SOFR IDR 3.000.000 WCC Facility
(Persero) Tbk Sep 22, 2025 Jan 22, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 22 Sep/ 22 Jan/ 4 bulan/ SOFR IDR 3.000.000 WCC Facility
(Persero) Tbk Sep 22, 2025 Jan 22, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 24 Sep/ 23 Jan/ 4 bulan/ SOFR IDR 661.000 WCC Facility
(Persero) Tbk Sep 24, 2025 Jan 23, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 26 Sep/ 26 Jan/ 4 bulan/ SOFR IDR 250.000 WCC Facility
(Persero) Tbk Sep 26, 2025 Jan 26, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 02 Okt/ 30 Jan/ 4 bulan/ SOFR IDR 600.000 WCC Facility
(Persero) Tbk Oct 02, 2025 Jan 30, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Mandiri 03 Des/ 02 Jan/ 1 bulan/ SOFR IDR 500.000 WCC Facility
(Persero) Tbk Dec 03, 2025 Jan 02, 2026 months + marjin tertentu/
SOFR
+ certain margin
249
Page 1224
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
f) Pinjaman Diterima Pegadaian (lanjutan) f) Fund Borrowings - Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas KMK PT Bank Mandiri 04 Des/ 05 Jan/ 1 bulan/ SOFR IDR 500.000 WCC Facility
(Persero) Tbk Dec 04, 2025 Jan 05, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Negara 10 Des/ 10 Des/ 12 bulan/ SOFR IDR 540.023 WCC Facility
Indonesia Dec 10, 2025 Dec 10, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 10 Des / 02 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 10, 2025 Mar 02, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 11 Des / 03 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 11, 2025 Mar 03, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 12 Des / 04 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 12, 2025 Mar 04, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 15 Des / 05 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 15, 2025 Mar 05, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 16 Des / 06 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 16, 2025 Mar 06, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 17 Des / 09 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 17, 2025 Mar 09, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 18 Des / 10 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 18, 2025 Mar 10, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 19 Des / 11 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 19, 2025 Mar 11, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 22 Des / 12 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 22, 2025 Mar 12, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 23 Des / 13 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 23, 2025 Mar 13, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 24 Des / 16 Mar/ 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 24, 2025 Mar 16, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 01 Des / 07 Jan/ 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 01, 2025 Jan 07, 2026 month + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 02 Des / 08 Jan/ 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 02, 2025 Jan 08, 2026 month + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 03 Des / 09 Jan/ 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 03, 2025 Jan 09, 2026 month + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
250
Page 1225
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
f) Pinjaman Diterima Pegadaian (lanjutan) f) Fund Borrowings - Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Pinjaman PT Bank Negara 04 Des / 12 Jan/ 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 04, 2025 Jan 12, 2026 month + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 05 Des / 13 Jan/ 1 bulan/ SOFR IDR 600.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 05, 2025 Jan 13, 2026 month + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 08 Des / 15 Jan/ 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 08, 2025 Jan 15, 2026 month + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 09 Des / 14 Jan/ 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 09, 2025 Jan 14, 2026 month + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 16 Des / 17 Mar / 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 16, 2025 Mar 17, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Negara 16 Des / 18 Mar / 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Dec 16, 2025 Mar 18, 2026 months + marjin tertentu/
(Persero) Tbk SOFR
+ certain margin
Fasilitas KMK PT Bank Central 26 Jul / 26 Jan / 18 bulan/ SOFR IDR 207.475 WCC Facility
Asia Tbk Jul 26, 2024 Jan 26, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Central 31 Des / 07 Jan / 7 hari / SOFR IDR 500.000 WCC Facility
Asia Tbk Dec 31, 2025 Jan 07, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Central 31 Des / 07 Jan / 7 hari / SOFR IDR 500.000 WCC Facility
Asia Tbk Dec 31, 2025 Jan 07, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Central 31 Des / 07 Jan / 7 hari / SOFR IDR 600.000 WCC Facility
Asia Tbk Dec 31, 2025 Jan 07, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Central 30 Des / 06 Jan / 7 hari / SOFR IDR 500.000 WCC Facility
Asia Tbk Dec 30, 2025 Jan 06, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Central 31 Des / 07 Jan / 7 hari / SOFR IDR 500.000 WCC Facility
Asia Tbk Dec 31, 2025 Jan 07, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Central 30 Des / 06 Jan / 7 hari / SOFR IDR 1.000.000 WCC Facility
Asia Tbk Dec 30, 2025 Jan 06, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 23 Des / 02 Jan / 10 hari / SOFR IDR 650.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 23, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 23 Des / 02 Jan / 10 hari / SOFR IDR 300.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 23, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 23 Des / 02 Jan / 10 hari / SOFR IDR 800.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 23, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 23 Des / 02 Jan / 10 hari / SOFR IDR 400.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 23, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
251
Page 1226
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
f) Pinjaman Diterima Pegadaian (lanjutan) f) Fund Borrowings - Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Pinjaman PT Bank Central 23 Des / 02 Jan / 10 hari / SOFR IDR 800.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 23, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 23 Des / 02 Jan / 10 hari / SOFR IDR 1.500.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 23, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 1.000.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 1.000.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 700.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 1.200.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 1.500.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 600.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 1.000.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 2.200.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 450.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 400.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 2.500.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 1,000.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
252
Page 1227
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
f) Pinjaman Diterima Pegadaian (lanjutan) f) Fund Borrowings - Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 900.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Central 24 Des / 02 Jan / 9 hari / SOFR IDR 100.000 Short term loan-Facility
Jangka Pendek Asia Tbk Dec 24, 2025 Jan 02, 2026 days + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 31 Des / 31 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 31, 2025 Jan 31, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Danamon 05 Des / 07 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Dec 05, 2025 Jan 07, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 29 Des / 29 Jan / 1 bulan/ SOFR IDR 100.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 29, 2025 Jan 29, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 29 Des / 29 Jan / 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 29, 2025 Jan 29, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 17 Des / 15 Jan / 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 17, 2025 Jan 15, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 24 Des / 26 Jan / 1 bulan/ SOFR IDR 300.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 24, 2025 Jan 26, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 29 Des / 29 Jan / 1 bulan/ SOFR IDR 300.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 29, 2025 Jan 29, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 29 Des / 29 Jan / 1 bulan/ SOFR IDR 750.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 29, 2025 Jan 29, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 29 Des / 29 Jan / 1 bulan/ SOFR IDR 550.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 29, 2025 Jan 29, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank SMBC 29 Des / 29 Jan / 1 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Indonesia Tbk Dec 29, 2025 Jan 29, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank 28 Nov / 26 Feb / 3 bulan/ SOFR IDR 750.000 Short term loan-Facility
Jangka Pendek Permata Tbk Nov 28, 2025 Feb 26, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank 24 Nov / 23 Feb / 3 bulan/ SOFR IDR 400.000 Short term loan-Facility
Jangka Pendek Permata Tbk Nov 24, 2025 Feb 23, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank 28 Nov / 26 Feb / 3 bulan/ SOFR IDR 500.000 Short term loan-Facility
Jangka Pendek Permata Tbk Nov 28, 2025 Feb 26, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK PT Bank Syariah 10 Feb/ 10 Feb/ 12 bulan/ SOFR IDR 158.707 WCC Facility
Indonesia Tbk Feb 10, 2025 Feb 10, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Syariah 19 Nov / 04 Feb / 3 bulan/ SOFR IDR 400.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Nov 19, 2025 Feb 04, 2026 months + marjin tertentu/
SOFR
+ certain margin
253
Page 1228
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
f) Pinjaman Diterima Pegadaian (lanjutan) f) Fund Borrowings - Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Pinjaman PT Bank Syariah 20 Nov / 05 Feb / 3 bulan/ SOFR IDR 400.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Nov 20, 2025 Feb 05, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Syariah 21 Nov / 06 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Nov 21, 2025 Feb 06, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTPN 10 Okt / 09 Jan/ 3 bulan/ SOFR IDR 200.000 Short-term loan Facility
Jangka Pendek Syariah Tbk Oct 10, 2025 Jan 09, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTPN 28 Okt / 28 Jan/ 3 bulan/ SOFR IDR 300.000 Short-term loan Facility
Jangka Pendek Syariah Tbk Oct 28, 2025 Jan 28, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 03 Des / 03 Jan / 1 bulan/ SOFR IDR 50.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 03, 2025 Jan 03, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 30 Des / 27 Jan / 1 bulan/ SOFR IDR 200.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 30, 2025 Jan 27, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 24 Des / 21 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 24, 2025 Jan 21, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 24 Des / 21 Jan / 1 bulan/ SOFR IDR 250.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 24, 2025 Jan 21, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 24 Des / 21 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 24, 2025 Jan 21, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 30 Des / 27 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 30, 2025 Jan 27, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 31 Des / 28 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 31, 2025 Jan 28, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CIMB 31 Des / 28 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Niaga Tbk Dec 31, 2025 Jan 28, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Danamon 03 Des / 05 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Dec 03, 2025 Jan 05, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Danamon 04 Des / 06 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Dec 04, 2025 Jan 06, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank OCBC 17 Des / 07 Jan / 21 hari/ SOFR IDR 250.000 Short-term loan Facility
Jangka Pendek NISP Tbk Dec 17, 2025 Jan 07, 2026 days + marjin tertentu
SOFR
+ certain margin
254
Page 1229
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
f) Pinjaman Diterima Pegadaian (lanjutan) f) Fund Borrowings - Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Pinjaman PT Bank BPD 15 Mei/ 15 Mei/ 1 tahun/ SOFR IDR 250.000 Short-term loan Facility
Jangka Pendek BALI May 15, 2025 May 15, 2026 year + marjin tertentu
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BPD 05 Nov / 05 Nov / 1 tahun/ SOFR IDR 91.667 Short-term loan Facility
Jangka Pendek BALI Nov 05 , 2025 Nov 05, 2026 year + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BPD 25 Jun / 25 Jun / 1 tahun/ SOFR IDR 75.000 Short-term loan Facility
Jangka Pendek BALI Jun 25 ,2025 Jun 25, 2026 year + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank ICBC 12 Nov / 12 Feb / 3 bulan/ SOFR IDR 200.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Nov 12, 2025 Feb 12, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank ICBC 12 Nov / 12 Feb / 3 bulan/ SOFR IDR 200.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Nov 12, 2025 Feb 12, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank UOB 30 Des / 05 Jan / 1 minggu/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Indonesia Dec 30, 2025 Jan 05, 2026 week + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Maybank 20 Okt/ 20 Jan/ 3 bulan/ SOFR IDR 400.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Oct 20, 2025 Jan 20, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Maybank 20 Okt/ 19 Jan/ 3 bulan/ SOFR IDR 400.000 Short-term loan Facility
Jangka Pendek Indonesia Tbk Oct 20, 2025 Jan 19, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 13 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 13, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 18 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 18, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 19 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 19, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 20 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 20, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 23 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 23, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 24 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 24, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 25 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 25, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 26 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 26, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank BTN 02 Des / 27 Feb / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Feb 27, 2026 months + marjin tertentu/
SOFR
+ certain margin
255
Page 1230
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
f) Pinjaman Diterima Pegadaian (lanjutan) f) Fund Borrowings - Pegadaian (continued)
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Pinjaman PT Bank BTN 02 Des / 02 Mar / 3 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 02, 2025 Mar 02, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank DKI 21 Nov / 18 Feb / 3 bulan/ SOFR IDR 450.000 Short-term loan Facility
Jangka Pendek Nov 21, 2025 Feb 18, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank DKI 21 Nov / 19 Feb / 3 bulan/ SOFR IDR 450.000 Short-term loan Facility
Jangka Pendek Nov 21, 2025 Feb 19, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank of China 16 Des / 15 Jan / 1 bulan/ SOFR IDR 500.000 Short-term loan Facility
Jangka Pendek Dec 16, 2025 Jan 15, 2026 month + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank CCBI Tbk 17 Des / 17 Jun / 6 bulan/ SOFR IDR 260.000 Short-term loan Facility
Jangka Pendek Dec 17, 2025 Jun 17, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank QNB Tbk 24 Des / 24 Jun / 6 bulan/ SOFR IDR 600.000 Short-term loan Facility
Jangka Pendek Dec 24, 2025 Jun 24, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT BPD Kalbar 30 Des / 30 Jun / 6 bulan/ SOFR IDR 600.000 Short-term loan Facility
Jangka Pendek Dec 30, 2025 Jun 30, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank Permata 23 Des / 23 Mar / 3 bulan/ SOFR IDR 400.000 Short-term loan Facility
Jangka Pendek Syariah Dec 23, 2025 Mar 23, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank DKI UUS 21 Nov / 12 Feb / 3 bulan/ SOFR IDR 450.000 Short-term loan Facility
Jangka Pendek Nov 21, 2025 Feb 12, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas Pinjaman PT Bank DKI UUS 21 Nov / 13 Feb / 3 bulan/ SOFR IDR 450.000 Short-term loan Facility
Jangka Pendek Nov 21, 2025 Feb 13, 2026 months + marjin tertentu/
SOFR
+ certain margin
Fasilitas KMK Pusat Investasi 08 Des/ 08 Des/ 24 bulan/ SOFR IDR 125.000 WCC Facility
Pemerintah Dec 08, 2025 Dec 08, 2027 months + marjin tertentu/
SOFR
+ certain margin
Persyaratan-persyaratan penting (covenants) The financial covenants in the credit agreements
dalam perjanjian kredit yang diperoleh Entitas obtained by Subsidiary are as follows:
anak antara lain adalah sebagai berikut:
Menggunakan fasilitas pembiayaan untuk Using financing facilities for interests or
kepentingan/kebutuhan sesuai dengan needs in accordance with the purpose of
tujuan penggunaan yang tercantum di use stated in the agreement.
dalam akad pembiayaan.
Menyampaikan laporan Non-Performing Submit consolidated Non-Performing Loan
Loan (NPL) bersih konsolidasi dan Non- (NPL) and Sharia net Non-Performing Loan
Performing Loan (NPL) bersih syariah. (NPL) reports.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, Subsidiary
2024, Entitas anak telah memenuhi persyaratan has fulfilled the important requirements outlined
penting dalam perjanjian pinjaman yang in the fund borrowing agreements.
diterima.
256
Page 1231
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
g) Pinjaman Diterima PNM g) Fund Borrowings - PNM
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas KMK PT Bank Negara 11 Apr/ 10 Apr/ 35 bulan/ 6,50 IDR 667.000 WCC Facility
Indonesia Apr 11, 2025 Apr 10, 2028 months
(Persero) Tbk
Fasilitas Uncomitted PT Sarana 30 Jul/ 30 Jul/ 24 bulan/ 6,50 IDR 6.014 Uncomitted Facility Line
Facility Line Multigriya Finansial Jul 30, 2025 Jul 30, 2027 months Facility
(Persero)
Fasilitas Uncomitted PT Sarana 30 Jul/ 30 Jul/ 24 bulan/ 6,50 IDR 19.690 Uncomitted Facility Line
Facility Line Multigriya Finansial Jul 30, 2025 Jul 30, 2027 months Facility
(Persero)
Fasilitas Uncomitted PT Sarana 22 Sep/ 22 Jul/ 22 bulan/ 6,20 IDR 5.949 Uncomitted Facility Line
Facility Line Multigriya Finansial Sep 22, 2025 Jul 22, 2027 months Facility
(Persero)
Fasilitas Uncomitted PT Sarana 22 Sep/ 22 Sep/ 24 bulan/ 6,20 IDR 5.775 Uncomitted Facility Line
Facility Line Multigriya Finansial Sep 22, 2025 Sep 22, 2027 months Facility
(Persero)
Fasilitas Uncomitted PT Sarana 7 Nov/ 7 Nov/ 24 bulan/ 5,75 IDR 5.480 Uncomitted Facility Line
Facility Line Multigriya Finansial Nov 7, 2025 Nov 7, 2027 months Facility
(Persero)
Fasilitas Uncomitted PT Sarana 7 Nov/ 7 Nov/ 24 bulan/ 5,75 IDR 16.567 Uncomitted Facility Line
Facility Line Multigriya Finansial Nov 7, 2025 Nov 7, 2027 months Facility
(Persero)
Fasilitas Ultra Mikro (Umi) Pusat Investasi 10 Ags/ 10 Ags/ 36 bulan/ 4,00 IDR 840.000 Ultra Micro (Umi) Facility
Pemerintah/ Aug 10, 2023 Aug 10, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 10 Ags/ 10 Ags/ 36 bulan/ 4,00 IDR 360.000 Ultra Micro (Umi) Facility
Pemerintah/ Aug 10, 2023 Aug 10, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 9 Okt/ 10 Ags/ 34 bulan/ 4,00 IDR 360.000 Ultra Micro (Umi) Facility
Pemerintah/ Oct 9, 2023 Aug 10, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 9 Okt/ 10 Ags/ 34 bulan/ 4,00 IDR 840.000 Ultra Micro (Umi) Facility
Pemerintah/ Oct 9, 2023 Aug 10, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 13 Nov/ 10 Ags/ 33 bulan/ 4,00 IDR 420.000 Ultra Micro (Umi) Facility
Pemerintah/ Nov 13, 2023 Aug 10, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 13 Nov/ 10 Ags/ 33 bulan/ 4,00 IDR 180.000 Ultra Micro (Umi) Facility
Pemerintah/ Nov 13, 2023 Aug 10, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 27 Des/ 20 Des/ 36 bulan/ 4,00 IDR 560.000 Ultra Micro (Umi) Facility
Pemerintah/ Dec 27, 2023 Dec 20, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 27 Des/ 20 Des/ 36 bulan/ 4,00 IDR 240.000 Ultra Micro (Umi) Facility
Pemerintah/ Dec 27, 2023 Dec 20, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 8 Mar/ 20 Des/ 33 bulan/ 4,00 IDR 240.000 Ultra Micro (Umi) Facility
Pemerintah/ Mar 8, 2024 Dec 20, 2026 months
Government
Investment
Center
257
Page 1232
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
g) Pinjaman Diterima PNM (lanjutan) g) Fund Borrowings – PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Ultra Mikro (Umi) Pusat Investasi 8 Mar/ 20 Des/ 33 bulan/ 4,00 IDR 560.000 Ultra Micro (Umi) Facility
Pemerintah/ Mar 8, 2024 Dec 20, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 31 Mei/ 31 Des/ 31 bulan/ 4,00 IDR 280.000 Ultra Micro (Umi) Facility
Pemerintah/ May 31, 2024 Dec 31, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 31 Mei/ 31 Des/ 31 bulan/ 4,00 IDR 120.000 Ultra Micro (Umi) Facility
Pemerintah/ May 31, 2024 Dec 31, 2026 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 30 Sep/ 10 Sep/ 35 bulan/ 4,00 IDR 875.000 Ultra Micro (Umi) Facility
Pemerintah/ Sep 30, 2024 Sep 10, 2027 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 30 Sep/ 10 Sep/ 35 bulan/ 4,00 IDR 375.000 Ultra Micro (Umi) Facility
Pemerintah/ Sep 30, 2024 Sep 10, 2027 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 15 Nov/ 10 Sep/ 34 bulan/ 4,00 IDR 875.000 Ultra Micro (Umi) Facility
Pemerintah/ Nov 15, 2024 Sep 10, 2027 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 15 Nov/ 10 Okt/ 35 bulan/ 4,00 IDR 375.000 Ultra Micro (Umi) Facility
Pemerintah/ Nov 15, 2024 Oct 10, 2027 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 8 Mei/ 10 Mei/ 36 bulan/ 4,00 IDR 80.000 Ultra Micro (Umi) Facility
Pemerintah/ May 8, 2025 May 10, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 8 Mei/ 10 Mei/ 36 bulan/ 4,00 IDR 720.000 Ultra Micro (Umi) Facility
Pemerintah/ May 8, 2025 May 10, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 26 Jun/ 10 Mei/ 34 bulan/ 4,00 IDR 80.000 Ultra Micro (Umi) Facility
Pemerintah/ Jun 26, 2025 May 10, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 26 Jun/ 10 Mei/ 34 bulan/ 4,00 IDR 720.000 Ultra Micro (Umi) Facility
Pemerintah/ Jun 26, 2025 May 10, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 4 Sep/ 10 Mei/ 32 bulan/ 4,00 IDR 40.000 Ultra Micro (Umi) Facility
Pemerintah/ Sep 4, 2025 May 10, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 4 Sep/ 10 Mei/ 32 bulan/ 4,00 IDR 360.000 Ultra Micro (Umi) Facility
Pemerintah/ Sep 4, 2025 May 10, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 10 Nov/ 20 Nov/ 36 bulan/ 4,00 IDR 90.000 Ultra Micro (Umi) Facility
Pemerintah/ Nov 10, 2025 Nov 20, 2028 months
Government
Investment
Center
258
Page 1233
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
g) Pinjaman Diterima PNM (lanjutan) g) Fund Borrowings - PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Ultra Mikro (Umi) Pusat Investasi 10 Nov/ 20 Nov/ 36 bulan/ 4,00 IDR 810.000 Ultra Micro (Umi) Facility
Pemerintah/ Nov 10, 2025 Nov 20, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 19 Des/ 20 Nov/ 36 bulan/ 4,00 IDR 90.000 Ultra Micro (Umi) Facility
Pemerintah/ Dec 19, 2025 Nov 20, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 19 Des/ 20 Nov/ 36 bulan/ 4,00 IDR 810.000 Ultra Micro (Umi) Facility
Pemerintah/ Dec 19, 2025 Nov 20, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 31 Des/ 20 Nov/ 36 bulan/ 4,00 IDR 20.000 Ultra Micro (Umi) Facility
Pemerintah/ Dec 31, 2025 Nov 20, 2028 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 31 Des/ 20 Nov/ 36 bulan/ 4,00 IDR 180.000 Ultra Micro (Umi) Facility
Pemerintah/ Dec 31, 2025 Nov 20, 2028 months
Government
Investment
Center
Fasilitas Mikro Kredit Asian Development 1 Sep/ 1 Des/ 231 bulan/ 11,00 ASD/USD 757.551 Micro loan Facility
Bank Sep 1, 2009 Dec 1, 2028 months
Fasilitas Kredit Multi 3 PT Bank Central 13 Ags/ 13 Ags/ 36 bulan/ 6,98 IDR 2.000.000 Multi loan 3 Facility
Asia Tbk Aug 13, 2024 Aug 13, 2027 months
Fasilitas Kredit Multi 3 PT Bank Central 3 Sep/ 3 Sep/ 36 bulan/ 6,90 IDR 500.000 Multi loan 3 Facility
Asia Tbk Sep 3, 2024 Sep 3, 2027 months
Fasilitas Kredit Multi 3 PT Bank Central 5 Nov/ 5 Nov/ 36 bulan/ 6,60 IDR 1.000.000 Multi loan 3 Facility
Asia Tbk Nov 5, 2024 Nov 5, 2027 months
Fasilitas Kredit Multi 3 PT Bank Central 8 Sep/ 8 Sep/ 36 bulan/ 6,25 IDR 300.000 Multi loan 3 Facility
Asia Tbk Sep 8, 2025 Sep 8, 2028 months
Fasilitas Kredit Multi 3 PT Bank Central 29 Des/ 29 Des/ 24 bulan/ 5,60 IDR 200.000 Multi loan 3 Facility
Asia Tbk Dec 29, 2025 Dec 29, 2027 months
Fasilitas PMK PT BCA 19 Nov/ 19 Feb/ 3 bulan/ 5,95 IDR 50.000 PMK Mudharabah
Mudharabah 3 Syariah Nov 19, 2025 Feb 19, 2026 months 3 Facility
Fasilitas KMK PT Bank Central 22 Okt/ 22 Okt/ 60 bulan/ 10,5 IDR 15.770 WCC Facility
Asia Syariah Oct 22, 2021 Oct 22, 2026 months
Fasilitas Installment Loan Bank BCA 24 Jan/ 11 Jan/ 36 bulan/ 6,60 IDR 500.000 Installment Loan Facility
Digital Jan 24, 2025 Jan 11, 2028 months
Fasilitas KMK PT BPD DIY 10 Sep/ 10 Sep/ 24 bulan/ 6,25 IDR 150.000 WCC Facility
Sep 10, 2024 Sep 10, 2026 months
Fasilitas KMK PT BPD DIY 18 Des/ 18 Des/ 24 bulan/ 6,25 IDR 250.000 WCC Facility
Dec 18, 2024 Dec 18, 2026 months
Fasilitas KMK PT BPD DIY 6 Mar/ 6 Mar/ 24 bulan/ 6,25 IDR 200.000 WCC Facility
Mar 6, 2025 Mar 6, 2027 months
Fasilitas KMK PT BPD DIY 21 Apr/ 21 Apr/ 24 bulan/ 6,25 IDR 50.000 WCC Facility
Apr 21, 2025 Apr 21, 2027 months
Fasilitas Musyarakah PT Bank Danamon 9 Sep/ 10 Feb/ 5 bulan/ 5,50 IDR 150.000 Musyarakah Facility
Indonesia Tbk Sep 9, 2025 Feb 10, 2026 months
Fasilitas KMK PT Bank Danamon 12 Okt/ 12 Sep/ 59 bulan/ 9,00 IDR 5.000 WCC Facilities
Syariah Oct 12, 2023 Sep 12, 2028 months
Fasilitas KMK PT Bank Danamon 26 Sep/ 26 Sep/ 59 bulan/ 9,00 IDR 5.000 WCC Facilities
Syariah Sep 26, 2023 Sep 26, 2028 months
Fasilitas KMK PT Bank Danamon 1 Mar/ 1 Feb/ 59 bulan/ 9,00 IDR 10.000 WCC Facilities
Syariah Mar 1, 2025 Feb 1, 2030 months
Fasilitas KMK PT Bank Danamon 11 Feb/ 11 Feb/ 36 bulan/ 9,00 IDR 18.036 WCC Facilities
Syariah Feb 11, 2025 Feb 11, 2028 months
259
Page 1234
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
g) Pinjaman Diterima PNM (lanjutan) g) Fund Borrowings - PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas KMK PT Bank DKI 25 Jun/ 25 Jun/ 24 bulan/ 6,90 IDR 1.100.000 WCC Facility
Jun 25, 2024 Jun 25, 2026 months
Fasilitas KMK Syariah PT Bank DKI 25 Jun/ 25 Jun/ 24 bulan/ 6,90 IDR 1.100.000 WCC Facility
Syariah Jun 25, 2024 Jun 25, 2026 months Sharia
Fasilitas Kredit Korporasi PT Bank HSBC 22 Apr/ 22 Apr/ 12 bulan/ 6,50 IDR 500.000 Corporation Loan Facility
Indonesia Apr 22, 2025 Apr 22, 2026 months
Fasilitas Kredit Korporasi PT Bank HSBC 24 Apr/ 24 Apr/ 12 bulan/ 6,50 IDR 500.000 Corporation Loan Facility
Indonesia Apr 24, 2025 Apr 24, 2026 months
Fasilitas Kredit Korporasi PT Bank HSBC 28 Apr/ 28 Apr/ 12 bulan/ 6,50 IDR 540.000 Corporation Loan Facility
Indonesia Apr 28, 2025 Apr 28, 2026 months
Fasilitas KMK PT BPD Kalimantan 26 Nov/ 26 Nov/ 24 bulan/ 6,00 IDR 250.000 WCC Facility
Tengah Nov 26, 2024 Nov 26, 2026 months
Fasilitas KMK PT BPD Kalimantan 21 Jun/ 21 Jun/ 24 bulan/ 6,50 IDR 300.000 WCC Facility
Tengah Jun 21, 2024 Jun 21, 2026 months
Fasilitas KMK PT BPD Kalimantan 17 Mar/ 17 Mar/ 24 bulan/ 6,20 IDR 300.000 WCC Facility
Tengah Mar 17, 2025 Mar 17, 2027 months
Fasilitas demand loan PT Bank SBI 23 Sep/ 22 Sep/ 36 bulan/ 6,80 IDR 400.000 Demand loan Facility
Indonesia Sep 23, 2024 Sep 22, 2027 months
Fasilitas Corporation loan PT Bank Shinhan 23 Sep/ 23 Sep/ 48 bulan/ 6,95 IDR 300.000 Corporation loan Facility
Indonesia Sep 23, 2024 Sep 23, 2028 months
Fasilitas Installment Loan Bank CCB 27 Agu/ 27 Agu/ 24 bulan/ 6,35 IDR 100.000 Installment Loan Facility
Indonesia Aug 27, 2025 Aug 27, 2027 months
Fasilitas Installment Loan Bank CCB 1 Sep/ 27 Agu/ 24 bulan/ 6,35 IDR 135.000 Installment Loan Facility
Indonesia Sep 1, 2025 Aug 27, 2027 months
Fasilitas KMK PT Bank ICBC 29 Okt/ 23 Okt/ 24 bulan/ 6,75 IDR 200.000 WCC Facility
Indonesia Tbk Oct 29, 2024 Oct 23, 2026 months
Fasilitas Term Loan PT Bank Pan 17 Sep/ 17 Sep/ 36 bulan/ 6,85 IDR 500.000 Term Loan Facility
Indonesia Tbk Sep 17, 2024 Sep 17, 2027 months
Fasilitas Term Loan PT Bank Pan 5 Jun/ 9 Jun/ 36 bulan/ 6,75 IDR 1.500.000 Term Loan Facility
Indonesia Tbk Jun 5, 2025 Jun 9, 2028 months
Fasilitas Term Loan PT Bank Panin 27 Sep/ 27 Sep/ 24 bulan/ 6,80 IDR 300.000 Term Loan Facility
Dubai Syariah Tbk Sep 27, 2024 Sep 27, 2026 months
Fasilitas Term Loan PT Bank Panin 28 Mei/ 10 Agu/ 14 bulan/ 6,80 IDR 80.000 Term Loan Facility
Dubai Syariah Tbk May 28, 2025 Aug 10, 2026 months
Fasilitas Mudharabah PT Bank Panin 19 Des/ 19 Des/ 24 bulan/ 5,95 IDR 100.000 Mudharabah Facility
Dubai Syariah Tbk Dec 19, 2025 Dec 19, 2027 months
Fasilitas KMK PT Bank Panin 4 Jul/ 10 Jul/ 36 bulan/ 9,50 IDR 21.937 WCC Facility
Syariah Jul 4, 2025 Jul 10, 2028 months
Fasilitas Money Market Line PT Bank 28 Nov/ 28 Nov/ 12 bulan/ 5,40 IDR 500.000 Money Market Line
Permata Tbk Nov 28, 2025 Nov 28, 2026 months Facility
Fasilitas Money Market Line PT Bank 28 Nov/ 28 Sep/ 10 bulan/ 5,33 IDR 400.000 Money Market Line
Permata Tbk Nov 28, 2025 Sep 28, 2026 months Facility
Fasilitas Money Market Line PT Bank 2 Des/ 2 Jun/ 6 bulan/ 5,30 IDR 400.000 Money Market Line
Permata Tbk Dec 2, 2025 Jun 2, 2026 months Facility
Fasilitas Musyarakah PT Bank 2 Des/ 2 Sep/ 9 bulan/ 5,33 IDR 400.000 Musyarakah
Mutanaqisah Permata Tbk Dec 5, 2025 Sep 2, 2026 months Facility
Fasilitas Musyarakah PT Bank 5 Des/ 5 Nov/ 12 bulan/ 5,40 IDR 500.000 Musyarakah
Mutanaqisah Permata Syariah Dec 5, 2025 Nov 5, 2026 months Facility
Fasilitas Musyarakah PT Bank 5 Des/ 5 Des/ 11 bulan/ 5,33 IDR 500.000 Musyarakah
Mutanaqisah Permata Syariah Des 5, 2025 Dec 5, 2026 months Facility
Fasilitas Musyarakah PT Bank 16 Des/ 16 Jun/ 6 bulan/ 5,30 IDR 450.000 Musyarakah
Mutanaqisah Permata Syariah Des 16, 2025 Jun 16, 2026 months Facility
Fasilitas Time Loan PT Bank Maspion 27 Mar/ 26 Mei/ 26 bulan/ 6,55 IDR 100.000 Time Loan Revolving
Revolving Indonesia Tbk Mar 27, 2024 May 26, 2026 months Facility
Fasilitas Time Loan PT Bank Maspion 2 Apr/ 2 Jun/ 14 bulan/ 6,55 IDR 175.000 Time Loan Revolving
Revolving Indonesia Tbk Apr 2, 2024 Jun 2, 2026 months Facility
260
Page 1235
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
g) Pinjaman Diterima PNM (lanjutan) g) Fund Borrowings - PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Uncomitted PT Bank DBS 19 Mar/ 19 Mar/ 24 bulan/ 6,40 IDR 700.000 Uncomitted Revolving Credit
Revolving Credit Indonesia Tbk Mar 19, 2024 Mar 19, 2026 months Facility
Fasilitas Uncomitted PT Bank DBS 3 Apr/ 27 Mar/ 24 bulan/ 6,40 IDR 300.000 Uncomitted Revolving Credit
Revolving Credit Indonesia Tbk Apr 3, 2024 Mar 27, 2026 months Facility
Fasilitas KMK PT Bank CIMB 24 Jan/ 22 Jan/ 12 bulan/ 6,00 IDR 500.000 WCC Facility
Niaga Tbk Jan 24, 2025 Jan 22, 2026 months
Fasilitas KMK PT Bank CIMB 28 Sep/ 28 Ags/ 60 bulan/ 11,00 IDR 9.000 WCC Facility
Niaga Syariah Sep 28, 2023 Aug 28, 2027 months
Fasilitas KMK PT Bank CIMB 30 Apr/ 28 Apr/ 24 bulan/ 3,40 IDR 4.500 WCC Facility
Niaga Syariah Apr 30, 2024 Apr 28, 2026 months
Fasilitas KMK PT Bank CIMB 25 Mei/ 25 Apr/ 24 bulan/ 2,50 IDR 5.000 WCC Facility
Niaga Syariah May 25, 2025 Apr 25, 2027 months
Fasilitas KMK PT Bank CIMB 25 Jul/ 25 Jun/ 60 bulan/ 2,50 IDR 5.000 WCC Facility
Niaga Syariah Jul 25, 2025 Jun 25, 2030 months
Fasilitas KMK PT Bank CIMB 25 Sep/ 30 Ags/ 60 bulan/ 2,50 IDR 5.000 WCC Facility
Niaga Syariah Sep 25, 2025 Aug 30, 2030 months
Fasilitas KMK PT Bank SMBC 13 Sep/ 26 Jan/ 14 bulan/ 5,70 IDR 200.000 WCC Facility
Indonesia Tbk Sep 13, 2024 Jan 26, 2026 months
Fasilitas KMK PT Bank SMBC 11 Okt/ 26 Jan/ 14 bulan/ 5,70 IDR 50.000 WCC Facility
Indonesia Tbk Oct 11, 2024 Jan 26, 2026 months
Fasilitas Term Loan PT Bank Resona 30 Sep/ 30 Sep/ 24 bulan/ 6,50 IDR 250.000 Term Loan Facility
Perdania Tbk Sep 30, 2024 Sep 30, 2026 months
Fasilitas KMK PT BPD Bali 11 Feb/ 11 Feb/ 24 bulan/ 6,25 IDR 200.000 WCC Facility
Feb 11, 2025 Feb 11, 2027 months
Fasilitas KMK PT BPD Bali 24 Mar/ 24 Mar/ 24 bulan/ 6,25 IDR 200.000 WCC Facility
Mar 24, 2025 Mar 24, 2027 months
Fasilitas Demand Loan PT Bank Victoria 4 Sep/ 6 Feb/ 3 bulan/ 5,90 IDR 50.000 Demand Loan facilities
Internasional Tbk Sep 4, 2025 Feb 6, 2026 months
Fasilitas KMK Citibank 2 Des/ 8 Apr/ 16 bulan/ 6,25 IDR 350.000 WCC Facility
Dec 2, 2024 Apr 8, 2026 months
Fasilitas KMK Citibank 12 Feb/ 14 Mei/ 15 bulan/ 6,40 IDR 150.000 WCC Facility
Feb 12, 2025 May 14, 2026 months
Fasilitas KMK Citibank 7 Mar/ 6 Mar/ 12 bulan/ 6,25 IDR 150.000 WCC Facility
Mar 7, 2025 Mar 6, 2026 months
Fasilitas Demand Loan PT Bank of India 22 Des/ 16 Jun/ 42 bulan/ 6,50 IDR 150.000 Demand Loan Facility
Indonesia Tbk Dec 22, 2022 Jun 16, 2026 months
Fasilitas Demand Loan PT Bank of India 22 Jun/ 16 Jun/ 36 bulan/ 6,50 IDR 200.000 Demand Loan Facility
Indonesia Tbk Jun 22, 2023 Jun 16, 2026 months
Fasilitas Demand Loan PT Bank of India 20 Des/ 16 Jun/ 30 bulan/ 6,50 IDR 50.000 Demand Loan Facility
Indonesia Tbk Dec 20, 2023 Jun 16, 2026 months
Fasilitas Demand Loan PT Bank of India 16 Des/ 16 Jun/ 18 bulan/ 6,50 IDR 150.000 Demand Loan Facility
Indonesia Tbk Dec 16, 2024 Jun 16, 2026 months
Fasilitas KMK PT Bank Aceh 20 Nov/ 11 Okt/ 47 bulan/ 9,00 IDR 30.000 WCC Facilities
Syariah Nov 20, 2024 Oct 11, 2028 months
Fasilitas Revolving Credit PT Bank UOB 15 Okt/ 17 Mar/ 13 bulan/ 5,35 IDR 500.000 Revolving Credit
Indonesia Oct 15, 2024 Mar 17, 2026 months
Fasilitas KMK PT Bank BPD 1 Jun/ 1 Jun/ 12 bulan/ 18,60 IDR 40.000 WCC Facilities
SulBar Jun 1, 2025 Jun 1, 2026 months
Fasilitas KMK PT Bank BPD 5 Jul/ 5 Jul/ 60 bulan/ 10,00 IDR 3.117 WCC Facility
Kalimantan Selatan Jul 5, 2022 Jul 5, 2027 months
Fasilitas KMK PT Bank BPD 19 Agu/ 19 Agu/ 60 bulan/ 10,00 IDR 13.333 WCC Facility
Kalimantan Selatan Aug 19, 2022 Aug 19, 2027 months
Fasilitas KMK PT Bank BPD 9 Nov/ 9 Nov/ 60 bulan/ 10,00 IDR 5.367 WCC Facility
Kalimantan Selatan Nov 9, 2022 Nov 9, 2027 months
Fasilitas KMK PT Bank BPD 30 Des/ 30 Des/ 48 bulan/ 9,50 IDR 30.100 WCC Facility
Kalimantan Selatan Dec 30, 2025 Dec 30, 2029 months
Fasilitas KMK PT Bank BPD 30 Des/ 30 Des/ 60 bulan/ 9,50 IDR 57.000 WCC Facility
Kalimantan Selatan Dec 30, 2025 Dec 30, 2030 months
261
Page 1236
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
g) Pinjaman Diterima PNM (lanjutan) g) Fund Borrowings - PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas KMK PT Bank BPD 7 Des/ 7 Nov/ 48 bulan/ 9,50 IDR 50.000 WCC Facility
Kalimantan Selatan Dec 7, 2025 Nov 7, 2029 months
Fasilitas Musyarakah PT Bank Muamalat 29 Jul/ 29 Jul/ 24 bulan/ 6,50 IDR 200.000 Musyarakah Facility
Indonesia Tbk Jul 29, 2025 Jul 29, 2027 months
Fasilitas Musyarakah PT Bank Muamalat 21 Agu/ 21 Agu/ 24 bulan/ 6,50 IDR 100.000 Musyarakah Facility
Indonesia Tbk Aug 21, 2025 Aug 21, 2027 months
Fasilitas Musyarakah PT Bank Muamalat 4 Sep/ 4 Sep/ 24 bulan/ 6,50 IDR 100.000 Musyarakah Facility
Indonesia Tbk Sep 4, 2025 Sep 4, 2027 months
Fasilitas Musyarakah PT Bank Muamalat 4 Des/ 4 Des/ 24 bulan/ 5,85 IDR 100.000 Musyarakah Facility
Indonesia Tbk Dec 4, 2025 Dec 4, 2027 months
Fasilitas KMK PT Bank Muamalat 25 Jul/ 1 Feb/ 60 bulan/ 8,45 IDR 2.000 WCC Facility
Indonesia Tbk Jul 25, 2025 Feb 1, 2030 months
Fasilitas KMK PT Bank Muamalat 28 Sep/ 11 Jun/ 36 bulan/ 8,45 IDR 1.000 WCC Facility
Indonesia Tbk Sep 28, 2023 Jun 11, 2026 months
Fasilitas Revolving Credit PT Bank QNB 11 Ags/ 6 Feb/ 3 bulan/ 5,70 IDR 100.000 Revolving Credit
Indonesia Tbk Aug 11, 2025 Feb 6, 2026 months
Fasilitas Revolving Credit PT Bank Of 28 Okt/ 28 Jan/ 3 bulan/ 4,95 IDR 100.000 Revolving Credit
China Oct 28, 2025 Jan 28, 2026 months
Fasilitas Revolving PT Bank of 4 Des/ 4 Mar/ 12 bulan/ 4,85 IDR 200.000 Revolving Social
Social Loan China Dec 4, 2025 Mar 4, 2026 months Loan Facility
Fasilitas KMK PT Bank Nagari 10 Okt/ 10 Okt/ 47 bulan/ 22,90 IDR 23.725 WCC Facility
Syariah Oct 10, 2025 Oct 10, 2029 months
Fasilitas Uncomitted PT Bank Mizuho 22 Okt/ 22 Jan/ 3 bulan/ 5,75 IDR 100.000 Uncomitted Revolving Credit
Revolving Credit Indonesia Oct 22, 2025 Jan 22, 2026 months Facility
Fasilitas KMK PT Bank BJB 20 Mei/ 20 Mei/ 12 bulan/ 1%,99%* IDR 50.000 WCC Facility
Syariah May 20, 2025 May 20, 2026 months
Fasilitas KMK PT Bank Riau Kepri 17 Des/ 18 Des/ 48 bulan/ 9,50 IDR 50.000 WCC Facility
Syariah (Perseroda) Dec 17, 2025 Dec 18, 2029 months
Fasilitas Revolving PT Bank BNP 24 Okt/ 24 Apr/ 6 bulan/ 5,10 IDR 300.000 Revolving Social
Social Loan Paribas Tbk Oct 24, 2025 Apr 24, 2026 months Loan Facility
Fasilitas Revolving PT Bank BNP 3 Des/ 3 Des/ 24 bulan/ 5,25 IDR 300.000 Revolving Social
Social Loan Paribas Tbk Dec 3, 2025 Dec 3, 2027 months Loan Facility
Fasilitas Revolving PT Bank BNP 29 Des/ 29 Des/ 24 bulan/ 5,45 IDR 200.000 Revolving Social
Social Loan Paribas Tbk Dec 29, 2025 Dec 29, 2027 months Loan Facility
Fasilitas KMK Lembaga Pengelola 31 Okt/ 28 Jul/ 106 bulan/ IDR 8.000 WCC Facility
Dana Bergulir Oct 31, 2019 28 Jul, 2028 months
Fasilitas KMK PT Bank Syariah 20 Mei/ 20 Apr/ 36 bulan/ 9,00 IDR 2.000 WCC Facility
Indonesia May 20, 2024 Apr 20, 2027 months
Fasilitas KMK PT Bank Syariah 25 Mei/ 25 Apr/ 36 bulan/ 9,00 IDR 3.000 WCC Facility
Indonesia May 25, 2024 Apr 25, 2027 months
Fasilitas KMK PT Bank BPR 24 Sep/ 24 Sep/ 36 bulan/ 8,00 IDR 1.000 WCC Facility
Syariah Barokah Sep 24, 2024 Sep 24, 2027 months
Fasilitas KMK PT Bank BPR 30 Jun/ 30 Jun/ 36 bulan/ 22,90 IDR 2.000 WCC Facility
Syariah Barokah Jun 30, 2023 Jun 30, 2026 months
262
Page 1237
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
g) Pinjaman Diterima PNM (lanjutan) g) Fund Borrowings - PNM (continued)
Persyaratan-persyaratan penting dalam The financial covenants in the credit agreements
perjanjian kredit yang diperoleh Entitas anak obtained by Subsidiary are as follows:
antara lain adalah sebagai berikut:
Gearing Ratio maksimal 10 (sepuluh) kali. Gearing Rasio at a maximum of 10 (ten)
times.
Financing to Asset ratio 65%. Financing to Asset ratio of 65%.
Current Ratio minimal 120%. Current Ratio minimum of 120%.
Micro Financing Ratio minimal 50%. Micro Financing Ratio of at least 50%.
Non-Performing Loan Mekaar maksimal Mekaar Non-Performing Loans at a
3%. maximum of 3%.
Debt-Service Coverage Ratio (DSCR) Maximum Debt-Service Coverage Rasio
maksimal 100%. (DSCR) of 100%.
Memaksimalkan Return on Assets (ROA). Maximizing Return on Assets (ROA).
Memaksimalkan Return on Equity (ROE). Maximizing Return on Equity (ROE).
Kualitas Collateral Coverage Ratio Collateral Coverage Ratio quality of at
minimal 100%. least 100%.
Kualitas rasio piutang lebih dari 90 Quality ratio of receivables of more than
(sembilan puluh) hari maksimal 5% 90 (ninety) days, a maximum of 5% to
terhadap gross piutang. gross receivables.
Solvabilitas minimal 200%. Solvency of at least 200%.
Profit Margin lebih besar dari suku bunga Profit Margin is greater than the credit
kredit. interest rate.
EBITDA atau Interest Expense Ratio di EBITDA or Interest Expense Ratio
atas 2 (dua) kali. above 2 (two) times.
Sinking fund 2 (dua) kali angsuran. Sinking fund in 2 (two) installments.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, Subsidiary
2024, Entitas anak telah memenuhi persyaratan has fulfilled the important requirements outlined
penting dalam perjanjian pinjaman yang in the fund borrowing agreements.
diterima.
h) Pinjaman Diterima Bank Raya h) Fund Borrowings - Bank Raya
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Pinjaman diterima Bank PT Sarana 14 Des/ 10 Jan/ 128 bulan/ 4,45% IDR 17.319 Fund Borrowing Bank Raya-
Raya- Fasilitas Pinjaman Multigriya Dec 14, 2020 Jan 10, 2036 months Loan Facilities
Persyaratan-persyaratan penting (financial The financial convenants in this agreement
covenants) dalam perjanjian kredit yang includes that prior to obtaining written approval,
diperoleh, Entitas anak tidak diperbolehkan Subsidiary is not permitted to file for bankruptcy
untuk mengajukan permohonan pailit dan and use the fund borrowings facility for purpose
menggunakan fasilitas pinjaman tidak sesuai other than it intended purpose.
dengan tujuannya.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, Subsidiary
2024, Entitas anak telah memenuhi persyaratan has fulfilled the important requirements outlined
penting, dalam perjanjian pinjaman yang in the fund borrowing agreements.
diterima.
263
Page 1238
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
i) Pinjaman Diterima BRI Multifinance i) Fund Borrowings - BRI Multifinance
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Pinjaman Jangka Panjang PT Bank CIMB 12 Feb/ 18 Okt/ 24 bulan/ 7,00 IDR 70.000 Long term loan non revolving
non revolving Comitted Niaga Tbk Feb 12, 2024 Oct 18, 2026 months Committed Credit Line Facility
Credit Line
Pinjaman Jangka Panjang PT Bank CIMB 12 Feb/ 18 Okt/ 24 bulan/ 6,80 IDR 230.000 Long term loan non revolving
non revolving Comitted Niaga Tbk Feb 12, 2024 Oct 18, 2026 months Committed Credit Line Facility
Credit Line
Fasilitas Installment Loan PT Bank Central 5 Sep/ 13 Feb/ 36 bulan/ 6,50 IDR 50.000 Installment Loan Facility
Asia Tbk Sep 5, 2023 Feb 13, 2027 months
Fasilitas Installment Loan PT Bank Central 5 Sep/ 13 Feb/ 36 bulan/ 6,60 IDR 100.000 Installment Loan Facility
Asia Tbk Sep 5, 2023 Feb 13, 2027 months
Fasilitas Installment Loan PT Bank Central 5 Sep/ 13 Feb/ 36 bulan/ 6,75 IDR 100.000 Installment Loan Facility
Asia Tbk Sep 5, 2023 Feb 13, 2027 months
Fasilitas Installment Loan PT Bank Central 7 Jan/ 7 Jan/ 12 bulan/ 7,10 IDR 325.000 Installment Loan Facility
Asia Tbk Jan 7, 2025 Jan 7, 2026 months
Fasilitas Installment Loan PT Bank Central 7 Jan/ 7 Jan/ 12 bulan/ 6,95 IDR 30.000 Installment Loan Facility
Asia Tbk Jan 7, 2025 Jan 7, 2026 months
Fasilitas Installment Loan PT Bank Central 7 Jan/ 7 Jan/ 12 bulan/ 6,30 IDR 100.000 Installment Loan Facility
Asia Tbk Jan 7, 2025 Jan 7, 2026 months
Fasilitas Pinjaman Tetap PT Bank Pan 2 Apr/ 5 Apr/ 36 bulan/ 6,75 IDR 115.000 Fixed loan Facility
Indonesia Tbk Apr 2, 2024 Apr 5, 2027 months
Fasilitas Pinjaman Tetap PT Bank Pan 2 Apr/ 11 Sep/ 24 bulan/ 7,00 IDR 385.000 Fixed loan Facility
Indonesia Tbk Apr 2, 2024 Sep 11, 2026 months
Fasilitas Pinjaman Tetap PT Bank Pan 9 Apr/ 9 Apr/ 12 bulan/ 6,20 IDR 25.000 Fixed loan Facility
Indonesia Tbk Apr 9, 2025 Apr 9, 2026 months
Fasilitas Pinjaman Tetap PT Bank Pan 9 Apr/ 9 Apr/ 12 bulan/ 6,60 IDR 25.000 Fixed loan Facility
Indonesia Tbk Apr 9, 2025 Apr 9, 2026 months
Fasilitas Pinjaman Tetap PT Bank Pan 9 Apr/ 9 Apr/ 12 bulan/ 6,95 IDR 55.000 Fixed loan Facility
Indonesia Tbk Apr 9, 2025 Apr 9, 2026 months
Fasilitas Pinjaman Tetap PT Bank Pan 9 Apr/ 9 Apr/ 12 bulan/ 7,10 IDR 100.000 Fixed loan Facility
Indonesia Tbk Apr 9, 2025 Apr 9, 2026 months
Fasilitas Pinjaman PT Bank 1 Sep/ 10 Feb/ 36 bulan/ 7,20 IDR 400.000 Term Loan Facility
Berjangka Maybank Indonesia Sep 1, 2022 Feb 10, 2026 months
Tbk
Fasilitas Pinjaman PT Bank 22 Feb/ 25 Mar/ 36 bulan/ 6,95 IDR 50.000 Term Loan Facility
Berjangka Maybank Indonesia Feb 22, 2024 Mar 25, 2027 months
Tbk
Fasilitas Kredit Asuransi PT Bank 21 Feb/ 20 Feb/ 24 bulan/ 6,65 ASD/USD 6.398 Term Insurance Credit Facility
Berjangka Danamon Feb 21, 2024 Feb 20, 2026 months
Indonesia Tbk
Fasilitas Kredit Asuransi PT Bank 21 Des/ 14 Mei/ 29 bulan/ 7,10 ASD/USD 2.432 Term Insurance Credit Facility
Berjangka Danamon Dec 21, 2024 May 14, 2027 months
Indonesia Tbk
Fasilitas Kredit Asuransi PT Bank 21 Des/ 15 Jul/ 31 bulan/ 6,85 ASD/USD 3.079 Term Insurance Credit Facility
Berjangka Danamon Dec 21, 2024 Jul 15, 2027 months
Indonesia Tbk
Fasilitas Kredit Asuransi PT Bank 21 Des/ 13 Ags/ 32 bulan/ 6,80 ASD/USD 3.064 Term Insurance Credit Facility
Berjangka Danamon Dec 21, 2024 Aug 13, 2027 months
Indonesia Tbk
Fasilitas Kredit Berjangka PT Bank 21 Des/ 16 Mar/ 15 bulan/ 5,70 ASD/USD 16.105 Term Credit Facility
Danamon Dec 21, 2024 Mar 16, 2026 months
Indonesia Tbk
264
Page 1239
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PINJAMAN YANG DITERIMA (lanjutan) 25. FUND BORROWINGS (continued)
Berikut ini adalah informasi pokok lainnya The following are other key information related to
sehubungan dengan pinjaman yang diterima fund borrowings (continued):
(lanjutan):
i) Pinjaman Diterima BRI Multifinance (lanjutan) i) Fund Borrowings - BRI Multifinance (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Pemberi Pinjaman/ Kesepakatan/ Jatuh Tempo/ Waktu/ Interest Rate Mata Uang/ Rupiah/
Jenis Lender Deal Date Maturity Date Tenor per annum Currency Rupiah Type
Fasilitas Uncomitted PT Sarana 24 Mei/ 13 Feb/ 36 bulan/ 6,80 IDR 26.000 Uncomitted Credit Line Facility
Credit Line Multigriya May 24, 2023 Feb 13, 2027 months
Finansial
(Persero)
Fasilitas Uncomitted PT Sarana 24 Mei/ 26 Mar/ 36 bulan/ 6,95 IDR 51.000 Uncomitted Credit Line Facility
Credit Line Multigriya May 24, 2023 Mar 26, 2027 months
Finansial
(Persero)
Fasilitas Uncomitted PT Sarana 12 Sept/ 13 Jun/ 36 bulan/ 7,00 IDR 50.000 Uncomitted Credit Line Facility
Credit Line Multigriya Sept 12, 2024 Jun 13, 2028 months
Finansial
(Persero)
Fasilitas KMK PT Bank 23 Jan/ 22 Jan/ 36 bulan/ 6,95 IDR 387.000 WCC Facility
Mandiri Jan 23, 2024 Jan 22, 2027 months
(Persero) Tbk
Fasilitas KMK PT Bank 07 Jul/ 07 Jul/ 12 bulan/ 6,60 IDR 50.000 WCC Facility
Mandiri Jul 07, 2025 Jul 07, 2026 months
(Persero) Tbk
Fasilitas KMK PT Bank 5 Jul/ 13 Feb/ 36 bulan/ 7,15 ASD/USD 20.977 WCC Facility
CTBC Jul 5, 2022 Feb 13, 2026 months
Fasilitas Demand Loan PT Bank of 14 Mar/ 14 Mar/ 24 bulan/ 6,50 IDR 100.000 Long term demand loan Facility
Jangka Panjang India Mar 14, 2024 Mar 14, 2026 months
Indonesia Tbk
Fasilitas Demand Loan PT Bank of 24 Nov/ 24 Nov/ 24 bulan/ 6,30 IDR 25.000 Long term demand loan Facility
Jangka Panjang India Nov 24, 2025 Nov 24, 2026 months
Indonesia Tbk
Fasilitas Uncomitted MUFG 26 Jul/ 07 Jan/ 6 bulan/ 4,80 IDR 70.000 Uncomitted Short Term
Short Term Loan Jul 26, 2025 Jan 07, 2026 months Loan Facility
Fasilitas Uncomitted MUFG 26 Jul/ 30 Jan/ 6 bulan/ 4,95 IDR 120.000 Uncomitted Short Term
Short Term Loan Jul 26, 2025 Jan 30, 2026 months
Persyaratan-persyaratan penting (covenants) The financial covenants in the credit agreements
dalam perjanjian kredit yang diperoleh BRI obtained by BRI Multifinance are as follows:
Multifinance antara lain adalah sebagai berikut:
Debt to Equity Ratio tidak melebihi rasio Debt to Equity Ratio of not more than 10
10 (sepuluh) kali. (ten) times.
Rasio Non-Performing Financing (NPF) A maximum Non-Performing Financing
maksimum 5%. (NPF) ratio of 5%.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, Subsidiary
2024, Entitas anak telah memenuhi persyaratan has fulfilled the important requirements outlined
penting dalam perjanjian pinjaman yang in the fund borrowing agreements.
diterima.
265
Page 1240
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI CONTINGENCIES
a. Rincian estimasi kerugian atas transaksi a. The details of Estimated Losses on
komitmen dan kontinjensi yang mempunyai Commitments and Contingencies which bear
risiko kredit: credit risk are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
Garansi yang diterbitkan 1.061.640 1.235.655 Guarantees issued
Fasilitas kredit yang
belum ditarik 521.345 483.602 Undrawn loan facilities
L/C yang tidak dapat
dibatalkan yang
masih berjalan 49.789 5.130 Irrevocable L/C
Mata uang asing Foreign currency
Garansi yang diterbitkan 250.815 699.746 Guarantees issued
L/C yang tidak dapat
dibatalkan yang
masih berjalan 48.683 121.405 Irrevocable L/C
Fasilitas kredit yang
belum ditarik 13.863 5.512 Undrawn loan facilities
Total 1.946.135 2.551.050 Total
b. Rincian transaksi komitmen dan kontinjensi b. The details of commitments and contingencies
(di luar fasilitas kredit yang belum ditarik): transactions (except undrawn loan facilities) are
as follows:
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga Third parties
Rupiah Rupiah
Garansi yang diterbitkan 30.918.489 26.532.582 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 1.671.350 1.223.304 Irrevocable L/C
32.589.839 27.755.886
Mata uang asing Foreign currency
Garansi yang diterbitkan Guarantees issued
Dolar Amerika Serikat 456.526.225 7.612.575 409.110.612 6.584.635 United States Dollar
Euro Eropa 37.793.695 739.677 39.238.244 657.559 European Euro
Renminbi 226.851.986 541.042 - - Renminbi
Yen Jepang 343.524.784 36.585 42.791.794 4.409 Japanese Yen
Dolar Singapura 2.675.421 34.687 2.595.421 30.742 Singaporean Dollar
8.964.566 7.277.345
266
Page 1241
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
b. Rincian transaksi komitmen dan kontinjensi b. The details of commitments and contingencies
(di luar fasilitas kredit yang belum ditarik) transactions (except undrawn loan facilities) are
(lanjutan): as follows (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak ketiga (lanjutan) Third parties (continued)
Mata uang asing (lanjutan) Foreign currency (continued)
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor Irrevocable L/C
Dolar Amerika Serikat 83.737.610 1.396.325 94.654.258 1.523.460 United States Dollar
Euro Eropa 50.594.117 990.200 28.654.471 480.195 European Euro
Renminbi 110.264.918 262.982 144.466.057 318.546 Renminbi
Yen Jepang 312.604.130 33.292 750.398.962 77.314 Japanese Yen
Pound Sterling Inggris 177.700 3.988 140.438 2.839 Great Britain Pound Sterling
Franc Swiss 145.600 3.061 - - Swiss Franc
Dolar Singapura 120.175 1.558 123.538 1.463 Singaporean Dollar
Ringgit Malaysia 198.000 813 - - Malaysian Ringgit
Dirham Uni Emirat Arab - - 354.619 1.554 United Arab Emirates Dirham
2.692.219 2.405.371
11.656.785 9.682.716
44.246.624 37.438.602
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Garansi yang diterbitkan 10.982.061 11.282.475 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 1.749.432 1.133.865 Irrevocable L/C
12.731.493 12.416.340
Mata uang asing Foreign currency
Garansi yang diterbitkan Guarantees issued
Dolar Amerika Serikat 911.847.831 15.205.062 1.293.052.041 20.811.673 United States Dollar
Ringgit Malaysia 117.093.904 481.040 60.071.371 216.128 Malaysian Ringgit
Yen Jepang 2.640.339.720 281.196 2.822.740.622 290.827 Japanese Yen
Euro Eropa 4.254.272 83.262 22.740.519 381.088 European Euro
Dirham Uni Emirat Arab - - 50.000 219 United Arab Emirates Dirham
Philippines Peso - - 226.000.000 62.899 Philippine Peso
16.050.560 21.762.834
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor Irrevocable L/C
Dolar Amerika Serikat 427.682.363 7.131.603 408.556.015 6.575.709 United States Dollar
Euro Eropa 10.265.534 200.911 20.975.791 351.515 European Euro
267
Page 1242
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
b. Rincian transaksi komitmen dan kontinjensi b. The details of commitments and contingencies
(di luar fasilitas kredit yang belum ditarik) transactions (except undrawn loan facilities) are
(lanjutan): as follows (continued):
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Jumlah Jumlah
nosional nosional
mata uang mata uang
asing asing
(nilai penuh)/ Ekuivalen (nilai penuh)/ Ekuivalen
Notional amount Rupiah/ Notional amount Rupiah/
foreign currency Equivalent foreign currency Equivalent
(full amount) in Rupiah (full amount) in Rupiah
Pihak berelasi (Catatan 44) (lanjutan) Related parties (Note 44) (continued)
Mata uang asing (lanjutan) Foreign currency (continued)
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor (lanjutan) Irrevocable L/C (continued)
Yen Jepang 968.129.300 103.106 778.549.516 80.214 Japanese Yen
Dolar Australia 101.829 1.136 549.909 5.507 Australian Dollar
Pound Sterling Inggris - - 21.523 435 Great Britain Pound Sterling
7.436.756 7.013.380
23.487.316 28.776.214
36.218.809 41.192.554
Total 80.465.433 78.631.156 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (1.410.927) (2.061.936) impairment losses
Neto 79.054.506 76.569.220 Net
c. Perubahan Estimasi Kerugian Komitmen dan c. Movements in estimated losses on commitments
Kontinjensi and contingencies
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan: losses by financial instrument category:
31 Desember/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss – impaired Jumlah/Total
L/C yang tidak dapat dibatalkan Irrevocable L/C
Carrying value beginning
Nilai tercatat awal 11.759.960 15.960 - 11.775.920 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 8.378.551 - - 8.378.551 carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 8.514.603 89.525 - 8.604.128 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (15.313.946) (16.247) - (15.330.193) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 121.351 - - 121.351 and other changes
Carrying value ending
Nilai tercatat akhir 13.460.519 89.238 - 13.549.757 balance
268
Page 1243
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
c. Perubahan Estimasi Kerugian Komitmen dan c. Movements in estimated losses on commitments
Kontinjensi (lanjutan) and contingencies (continued)
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss – impaired Jumlah/Total
L/C yang tidak dapat dibatalkan Irrevocable L/C
Carrying value beginning
Nilai tercatat awal 11.303.479 141.660 2.091 11.447.230 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (844.388) (953) - (845.341) carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 10.125.681 15.770 - 10.141.451 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (8.944.252) (140.517) (2.091) (9.086.825) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 119.440 - - 119.440 and other changes
Carrying value ending
Nilai tercatat akhir 11.759.960 15.960 - 11.775.920 balance
31 Desember/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
L/C yang tidak dapat dibatalkan Irrevocable L/C
Cadangan atas kerugian kredit Allowance for expected credit loss
ekspektasian awal 115.939 10.596 - 126.535 beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (2.111) - - (2.111) allowance for losses
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 4.888 60.049 - 64.937 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (90.848) (13.378) - (104.226) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 13.337 - - 13.337 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 41.205 57.267 - 98.472 credit loss ending balance
269
Page 1244
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
c. Perubahan Estimasi Kerugian Komitmen dan c. Movements in estimated losses on commitments
Kontinjensi (lanjutan) and contingencies (continued)
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
L/C yang tidak dapat dibatalkan Irrevocable L/C
Cadangan atas kerugian kredit Allowance for expected credit loss
ekspektasian awal 25.760 42.730 2.091 70.581 beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 - - - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (317) (459) - (776) allowance for losses
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 114.311 10.503 - 124.814 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (21.356) (42.179) (2.091) (65.626) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (2.459) 1 - (2.458) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 115.939 10.596 - 126.535 credit loss ending balance
31 Desember/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Garansi yang diterbitkan Guarantees issued
Carrying value beginning
Nilai tercatat awal 63.727.195 3.128.041 - 66.855.236 balance
Pengalihan ke Transition to
Stage 1 10.461 (10.461) - - Stage 1
Stage 2 (8.667) 8.667 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (34.493.330) (54.828) - (34.548.158) carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 37.506.213 1.390.368 - 38.896.581 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (1.585.990) (3.651.213) - (5.237.203) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 935.927 13.293 - 949.220 and other changes
Carrying value ending
Nilai tercatat akhir 66.091.809 823.867 - 66.915.676 balance
270
Page 1245
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
c. Perubahan Estimasi Kerugian Komitmen dan c. Movements in estimated losses on commitments
Kontinjensi (lanjutan) and contingencies (continued)
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Garansi yang diterbitkan Guarantees issued
Carrying value beginning
Nilai tercatat awal 60.722.391 5.148.984 21.550 65.892.925 balance
Pengalihan ke Transition to
Stage 1 10.990 - (10.990) - Stage 1
Stage 2 (6.803) 6.803 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (34.955.945) (11.113) - (34.967.058) carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 42.142.844 1.478.886 - 43.621.730 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (4.527.367) (3.505.345) (10.560) (8.043.272) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 341.085 9.826 - 350.911 and other changes
Carrying value ending
Nilai tercatat akhir 63.727.195 3.128.041 - 66.855.236 balance
31 Desember/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Garansi yang diterbitkan Guarantees issued
Cadangan atas kerugian kredit 742.271 1.193.130 - 1.935.401 Allowance for expected credit
ekspektasian awal loss beginning balance
Pengalihan ke Transition to
Stage 1 67 (67) - - Stage 1
Stage 2 (342.879) 342.879 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (371.774) (648.337) - (1.020.111) allowance for losses
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 644.184 1.047.763 - 1.691.947 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (445.319) (854.890) - (1.300.209) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 3.459 1.968 - 5.427 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 230.009 1.082.446 - 1.312.455 credit loss ending balance
271
Page 1246
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
c. Perubahan Estimasi Kerugian Komitmen dan c. Movements in estimated losses on commitments
Kontinjensi (lanjutan) and contingencies (continued)
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Garansi yang diterbitkan Guarantees issued
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 776.023 4.023.923 14.250 4.814.196 loss beginning balance
Pengalihan ke Transition to
Pengalihan ke Transition to
Stage 1 4.069 - (4.069) - Stage 1
Stage 2 (6.031) 6.031 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (162.018) (725.184) - (887.202) allowance for losses
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 478.585 713.542 - 1.192.127 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (377.282) (2.826.015) (10.181) (3.213.478) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 28.925 833 - 29.758 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 742.271 1.193.130 - 1.935.401 credit loss ending balance
31 Desember/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Fasilitas kredit yang belum ditarik Undrawn loan facilities
Carrying value beginning
Nilai tercatat awal 122.638.678 853.896 - 123.492.574 balance
Pengalihan ke Transition to
Stage 1 197.613 (197.613) - - Stage 1
Stage 2 (1.351.056) 1.351.056 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 4.739.817 (723.748) - 4.016.069 carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 28.232.749 97.086 - 28.329.835 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (21.069.314) (616.202) - (21.685.516) and contingencies
Penghapusbukuan komitmen dan Written-off commitments and
kontinjensi (38.055) (60.656) - (98.711) contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 331.766 - - 331.766 and other changes
Carrying value ending
Nilai tercatat akhir 133.682.198 703.819 - 134.386.017 balance
272
Page 1247
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
c. Perubahan Estimasi Kerugian Komitmen dan c. Movements in estimated losses on commitments
Kontinjensi (lanjutan) and contingencies (continued)
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Fasilitas kredit yang belum ditarik Undrawn loan facilities
Carrying value beginning
Nilai tercatat awal 125.809.601 2.780.815 - 128.590.416 balance
Pengalihan ke Transition to
Stage 1 384.717 (384.717) - - Stage 1
Stage 2 (657.612) 657.612 - - Stage 2
Stage 3 - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (5.906.808) (788.224) - (6.695.032) carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 15.013.123 89.424 - 15.102.547 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (12.051.981) (1.438.902) - (13.490.883) and contingencies
Penghapusbukuan komitmen dan Written-off commitments and
kontinjensi (33.206) (62.112) - (95.318) contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 80.844 - - 80.844 and other changes
Carrying value ending
Nilai tercatat akhir 122.638.678 853.896 - 123.492.574 balance
31 Desember/December 31, 2025
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Fasilitas kredit yang belum ditarik Undrawn loan facilities
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 347.217 141.897 - 489.114 loss beginning balance
Pengalihan ke Transition to
Stage 1 12.835 (12.835) - - Stage 1
Stage 2 (17.185) 17.185 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 35.709 48.172 - 83.881 carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 97.439 38.747 - 136.186 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (135.225) (39.127) - (174.352) and contingencies
Penghapusbukuan komitmen dan Written-off commitments and
kontinjensi (38.055) (60.656) - (98.711) contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 99.090 - - 99.090 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 401.825 133.383 - 535.208 credit loss ending balance
273
Page 1248
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
26. ESTIMASI KERUGIAN KOMITMEN DAN 26. ESTIMATED LOSSES ON COMMITMENTS AND
KONTINJENSI (lanjutan) CONTINGENCIES (continued)
c. Perubahan Estimasi Kerugian Komitmen dan c. Movements in estimated losses on commitments
Kontinjensi (lanjutan) and contingencies (continued)
Tabel berikut menyajikan perubahan nilai The following table presents the changes in
tercatat dan cadangan kerugian ekspektasian carrying value and allowance for expected
berdasarkan kategori instrumen keuangan losses by financial instrument category
(lanjutan): (continued):
31 Desember/December 31, 2024
Stage 2-
Kerugian kredit Stage 3-
ekspektasian Kerugian kredit
Stage 1- sepanjang umurnya ekspektasian
Kerugian kredit kredit tidak sepanjang
ekspektasian memburuk/ umurnya kredit
12 bulan/ Stage 2 - life memburuk/
Stage 1 - 12 - time expected Stage 3-lifetime
months expected credit loss - expected credit
credit loss not impaired loss - impaired Jumlah/Total
Fasilitas kredit yang belum ditarik Undrawn loan facilities
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 346.708 886.283 - 1.232.991 loss beginning balance
Pengalihan ke Transition to
Stage 1 30.176 (30.176) - - Stage 1
Stage 2 (9.120) 9.120 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (57.912) (52.161) - (110.073) carrying value
Komitmen dan kontinjensi New commitments and
yang baru diterbitkan contingencies issued
atau dibeli 87.393 5.294 - 92.687 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (114.604) (614.351) - (728.955) and contingencies
Penghapusbukuan komitmen dan Written-off commitments and
kontinjensi (33.206) (62.112) - (95.318) contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 97.782 - - 97.782 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 347.217 141.897 - 489.114 credit loss ending balance
BRI melakukan penilaian atas transaksi komitmen BRI assessed commitments and contingencies
dan kontinjensi yang merupakan risiko kredit secara transaction which bear credit risk collectively and
kolektif dan individual. individually.
Manajemen berpendapat bahwa jumlah estimasi Management believes that the estimated amount of
kerugian komitmen dan kontinjensi pada tanggal- commitments and contingencies losses as of
tanggal 31 Desember 2025 dan 2024 telah December 31, 2025 and 2024, are adequate.
memadai.
27. LIABILITAS IMBALAN KERJA 27. LIABILITIES FOR EMPLOYEE BENEFITS
Liabilitas imbalan kerja terdiri atas: Liabilities for employee benefits consist of:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Cadangan atas program imbalan kerja Provision for employee benefit
bagi pekerja (Catatan 42) 16.689.746 12.629.995 program (Note 42)
Cadangan Bonus dan Insentif 9.184.044 6.828.505 Provision for Bonuses and Incentives
Cadangan Tunjangan Hari Raya 1.347.672 1.217.871 Provision for Religious Festify Allowance
Cadangan pekerja kontrak 120.375 174.964 Provision for contract worker
Cadangan Imbalan Kerja Lainnya 86.474 85.000 Provision for Others Employee Benefits
Total 27.428.311 20.936.335 Total
274
Page 1249
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
27. LIABILITAS IMBALAN KERJA (lanjutan) 27. LIABILITIES FOR EMPLOYEE BENEFITS
(continued)
Cadangan atas program imbalan kerja bagi pekerja Provisions for employee benefit program include
meliputi program pensiun imbalan pasti, program defined benefit pension program, post-employment
pemutusan hubungan kerja, program masa benefit program and other long-term benefit program
persiapan pensiun dan program imbalan jangka (gratuity for services program, grand leave, post-
panjang lain (Program penghargaan tanda jasa, cuti employment health BPJS and other benefit program
besar, BPJS kesehatan pasca kerja dan manfaat of additional benefit fund) in accordance with BRI and
lain dana manfaat tambahan) sesuai dengan its subsidiaries policies calculated in accordance with
kebijakan BRI dan entitas anak yang dihitung sesuai the calculation of an independent actuary.
dengan perhitungan aktuaria independen.
28. LIABILITAS LAIN-LAIN 28. OTHER LIABILITIES
Liabilitas lain-lain terdiri atas: Other liabilities consist of:
31 Desember 2025/ 31 Desember 2024*)/
December 31, 2025 December 31, 2024*)
Pihak ketiga Third parties
Rupiah Rupiah
Liabilitas kontrak asuransi 19.275.370 16.879.623 Insurance contract liabilities
Utang deposit emas 5.163.525 - Gold deposits payable
Utang akrual 1.649.547 2.352.133 Accrued payable
Utang bunga 1.288.101 1.509.404 Interest payables
Cadangan kewajiban litigasi Allowance for litigation liabilities
(Catatan 45b) 1.120.521 676.572 (Note 45b)
Liabilitas kartu kredit 294.314 224.101 Credit card liabilities
Liabilitas sewa 275.631 162.092 Lease liabilities
Pendapatan diterima dimuka 139.985 310.982 Unearned income
Premi yang belum merupakan
Pendapatan 102.356 - Unearned premium
Cadangan pembayaran Allowance for timely
bunga tepat waktu 66.484 73.846 interest payment
Estimasi liabilitas klaim 24.427 - Estimated claim liabilites
Lain-lain 3.869.290 4.183.181 Others
33.269.551 26.371.934
Mata uang asing Foreign currency
Utang bunga 380.989 375.922 Interest payables
Term deposit valas devisa Time deposits in foreign exchange
hasil ekspor proceeds from export with
Bank Indonesia 342.092 333.971 Bank Indonesia
Pendapatan diterima dimuka 236.820 317.913 Unearned income
Liabilitas sewa 67.154 85.651 Lease liabilities
Lain-lain 507.589 1.189.086 Others
1.534.644 2.302.543
Total 34.804.195 28.674.477 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
275
Page 1250
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
29. PINJAMAN DAN SURAT BERHARGA 29. SUBORDINATED LOANS AND MARKETABLE
SUBORDINASI SECURITIES
BRI memperoleh pinjaman dan surat berharga BRI obtained subordinated loans and marketable
subordinasi dengan rincian sebagai berikut: securities with details as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pihak ketiga Third parties
Rupiah Rupiah
Obligasi Subordinasi IV 257.537 262.663 Subordinated Bond IV
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Obligasi Subordinasi IV 227.889 227.380 Subordinated Bond IV
Pinjaman two-step loan 1.441 1.738 Two-step loan
229.330 229.118
Total 486.867 491.781 Total
a. Pinjaman two-step a. Two-step loan
Pinjaman two-step loan dalam mata uang The two-step loan in Rupiah represents the loans
Rupiah merupakan pinjaman dari Pemerintah from the Government which were funded by the
yang dananya berasal dari Asian Development Asian Development Bank (ADB), International
Bank (ADB), International Bank for Bank for Reconstruction and Development
Reconstruction and Development (IBRD), (IBRD), International Fund for Agricultural
International Fund for Agricultural Development Development (IFAD), United States Agency for
(IFAD), United States Agency for International International Development (USAID), and Islamic
Development (USAID) dan Islamic Development Bank (IDB).
Development Bank (IDB).
Tingkat suku bunga pinjaman ini bervariasi The interest rates of this loan vary according to
sesuai dengan perjanjian masing-masing the respective agreements with periods ranging
dengan jangka waktu antara 15 (lima belas) from 15 (fifteen) to 40 (forty) years.
sampai dengan 40 (empat puluh) tahun.
Tingkat suku bunga rata-rata untuk pinjaman The average interest rates for this two-step loan
two-step loan adalah sebesar 3,00% dan 2,71% are 3.00% and 2.71% for the years ended
masing-masing untuk tahun yang berakhir pada December 31, 2025 and 2024. This loan will
tanggal-tanggal 31 Desember 2025 dan mature on various dates up to 2027.
2024. Pinjaman-pinjaman tersebut akan jatuh
tempo pada berbagai tanggal sampai dengan
tahun 2027.
b. Obligasi Subordinasi IV Tahun 2023 b. Subordinated Bond IV Year 2023
Pada tanggal 6 Juli 2023, BRI menerbitkan On July 6, 2023, BRI issued Subordinated Bond
Obligasi Subordinasi IV Bank BRI Tahun 2023 IV Year 2023 with a nominal value of Rp500,000
dengan nilai pokok sebesar Rp500.000 dengan with an interest of 6.45% per annum, for a period
tingkat suku bunga sebesar 6,45% per tahun, of 5 (five) years and will mature on July 6, 2028.
untuk jangka waktu selama 5 (lima) tahun dan The interest of Subordinated Bond IV Year 2023
akan jatuh tempo pada tanggal 6 Juli 2028. is paid every 3 (three) months, starting from
Bunga Obligasi Subordinasi IV Bank BRI Tahun July 6, 2023. At the time of issuance, the
2023 dibayarkan setiap 3 (tiga) bulan mulai Subordinated Bond IV Year 2023 was rated AA
tanggal 6 Juli 2023. Pada saat diterbitkan, by Pefindo.
Obligasi Subordinasi IV Bank BRI Tahun 2023
ini mendapat peringkat AA dari Pefindo.
276
Page 1251
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
29. PINJAMAN DAN SURAT BERHARGA 29. SUBORDINATED LOANS AND MARKETABLE
SUBORDINASI (lanjutan) SECURITIES (continued)
b. Obligasi Subordinasi IV Tahun 2023 (lanjutan) b. Subordinated Bond IV Year 2023 (continued)
Pada tanggal 31 Desember 2025, Obligasi On December 31, 2025, Subordinated Bond IV
Subordinasi IV tahun 2023 mendapatkan Year 2023 obtained an AA rating from Pefindo.
peringkat AA dari Pefindo.
Obligasi Subordinasi IV tahun 2023 tidak Subordinated Bond IV Year 2023 is not
dijamin dengan jaminan apapun. Adapun guaranteed by any guarantee. The important
persyaratan-persyaratan penting (covenants) requirements (covenants) are as follows:
adalah sebagai berikut:
a. Mengurangi modal dasar, modal a. Entity are prohibited to reduce authorized
ditempatkan dan modal disetor kecuali capital stock, issued capital and paid-up
dalam hal pengurangan tersebut dilakukan capital except in the event that such
berdasarkan permintaan dan/atau perintah deduction is made based on a request
dari Pemerintah Indonesia atau otoritas and/or order from the Government of
yang berwenang. Indonesia or authority.
b. Melakukan penggabungan dan/atau b. Entity are prohibited to merger and/or split
pemisahan dan/atau peleburan dan/atau off and/or consolidation and/or acquisition
pengambilalihan dengan nilai lebih dari with a value of more than 50% (fifty percent)
50% (lima puluh persen) dari ekuitas of the EMITEN's equity except in the event
EMITEN kecuali dalam hal pengurangan that such deduction.
tersebut dilakukan berdasarkan
permintaan dan/atau perintah dari
Pemerintah Indonesia atau otoritas yang
berwenang.
Manajemen berpendapat bahwa semua Management believes that all covenants or
persyaratan/pembatasan yang ditetapkan restrictions stipulated in the trustee agreements
dalam perjanjian telah dipenuhi. have been complied with.
Klasifikasi jangka waktu pinjaman subordinasi The classification of subordinated loans and
berdasarkan sisa umur sampai dengan saat marketable securities based on their remaining
jatuh tempo adalah sebagai berikut: period until maturity are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
> 1 tahun - 5 tahun 486.867 491.781 > 1 year - 5 years
Total 486.867 491.781 Total
30. OPSI SAHAM 30. STOCK OPTION
Dalam rangka meningkatkan produktivitas dan In order to increase productivity and motivation for the
motivasi bagi talent terbaik, Direksi BRI best talent, the BRI Board of Directors decided to
memutuskan untuk memberikan program provide a share ownership program for workers in the
kepemilikan saham bagi pekerja dalam bentuk form of an Employee Stock Option Plan (ESOP).
Employee Stock Option Plan (ESOP).
277
Page 1252
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
30. OPSI SAHAM (lanjutan) 30. STOCK OPTION (continued)
Sesuai surat Direksi No. B.0017-DIR/HCS/01/2023 In accordance with the Board of Directors' letter no.
tanggal 2 Januari 2023, BRI menerbitkan program B.0017-DIR/HCS/01/2023 dated January 2, 2023,
ESOP pada tanggal 2 Januari 2023 (tanggal grant) BRI issued an ESOP program on January 2, 2023
sejumlah 131.357.200 lembar saham dimana (grant date) in the amount of 131,357,200 shares
tanggal pemberian alokasi hak saham atau tanggal where the date of allocation of share rights or grant
grant pada 2 Januari 2023, dengan akhir periode date is January 2, 2023, with the end of the vesting
vesting pada 31 Desember 2025. Masa berlaku dari period is December 31, 2025. The validity period of
exercise opsi untuk ESOP 2023 mulai tanggal option exercise for the 2023 ESOP is from January 2,
2 Januari 2026 sampai dengan 30 Juni 2026. 2026 to June 30, 2026. After that date, all unused
Setelah tanggal tersebut, seluruh hak opsi yang option rights will expire.
tidak digunakan akan menjadi gugur.
Perhitungan, metode dan asumsi mengenai ESOP Calculation methods and assumptions regarding
diperoleh dari laporan aktuaris independen, Willis ESOP were obtained from the independent actuary's
Towers Watson pada November 2023. report, Willis Towers Watson in November 2023.
Nilai wajar dari ESOP sebesar Rp122.030. Nilai The fair value of the ESOP is Rp122,030. The fair
wajar ESOP diamortisasi selama masa vesting dan value of the ESOP is amortized over the vesting
diakui dalam laba rugi dan penghasilan period and recognized in consolidated profit or loss
komprehensif lain konsolidasian, sedangkan and other comprehensive income, while the
akumulasi biaya selama periode vesting diakui accumulated costs over the vesting period are
dalam ekuitas. recognized in equity.
Biaya ESOP yang diakui dalam laba rugi dan ESOP costs recognized in consolidated profit or loss
penghasilan komprehensif lain konsolidasian untuk and other comprehensive income for the years ended
tahun yang berakhir pada tanggal 31 Desember December 31, 2025 amounted to Rp40,677.
2025 sebesar Rp40.677.
Nilai wajar dari setiap hak opsi diestimasi pada The fair value of each option right is estimated on the
tanggal pemberian hak opsi dengan menggunakan date of granting the option rights by using the "Black-
model “Black-scholes”, dengan asumsi utama scholes" model, assuming the following main
sebagai berikut: assumptions:
Periode vesting (dalam bulan) 36 Vesting period (month)
Harga saham pada tanggal pemberian Share price on the date
opsi (dalam Rupiah penuh) 4.870 of option (full amount)
Harga pelaksanaan opsi (dalam Rupiah penuh) 4.870 Option execution price (full amount)
Nilai wajar opsi (dalam Rupiah penuh) 929 Fair value options (full amount)
Volatilitas harga saham 32,419% Share price volatility
Suku bunga bebas risiko 6,103% Risk-free interest rates
Tingkat dividen 5,834% Dividend rate
278
Page 1253
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS 31. EQUITY
a. Modal Saham a. Capital Stock
Rincian modal dasar, modal ditempatkan dan The details of authorized, issued and fully paid
disetor penuh BRI masing-masing pada tanggal capital stock of BRI as of December 31, 2025
31 Desember 2025 dan 2024 adalah sebagai and 2024 are as follows:
berikut:
31 Desember/December 31, 2025
Nilai Nominal Total Nilai
per Lembar Saham Saham Persentase
Total Lembar (Rupiah Penuh)/ (Rupiah Penuh)/ Kepemilikan
Saham/ Nominal Value Total Share Saham/
Number of per Share Value Percentage of
Shares (full amount) (full amount) ownership
Modal dasar Authorized capital stock
Saham Seri A Dwiwarna 1 50 50 0,00% Series A Dwiwarna Share
Saham biasa atas nama Seri B 299.999.999.999 50 14.999.999.999.950 100,00% Series B Common Shares
Total 300.000.000.000 15.000.000.000.000 100,00% Total
Modal ditempatkan dan disetor penuh Issued and fully paid capital stock
Saham Seri A Dwiwarna 1 50 50 0,00% Series A Dwiwarna Share
Negara Republik Indonesia Republic of Indonesia
Saham biasa atas nama Seri B Series B Common Shares
PT Danantara Asset PT Danantara Asset
Management (Persero) 80.610.976.875 50 4.030.548.843.750 53,19%% Management (Persero)
Dewan Komisaris: Commissioners*):
*)
- Kartika Wirjoatmodjo 1.678.000 50 83.900.000 0,00% - Kartika Wirjoatmodjo*)
- Awan Nurmawan Nuh*) 712.500 50 35.625.000 0,00% - Awan Nurmawan Nuh*)
Direksi Directors*):
- Hery Gunardi 435.000 50 21.750.000 0,00% - Hery Gunardi
- Viviana Dyah Ayu R.K*) 3.819.500 50 190.975.000 0,00% - Viviana Dyah Ayu R.K*)
- Achmad Royadi 1.215.672 50 60.783.600 0,00% - Achmad Royadi
- Aris Hartanto 430.964 50 21.548.200 0,00% - Aris Hartanto
- Akhmad Purwakajaya 243.500 50 12.175.000 0,00% - Akhmad Purwakajaya
- Ety Yuniarti 193.262 50 9.663.100 0,00% - Ety Yuniarti
- Farida Thamrin 19.800 50 990.000 0,00% - Farida Thamrin
Masyarakat 69.980.674.330 50 3.499.033.716.500 46,17 % Public
150.600.399.404 7.530.019.970.200 99,36
Saham treasuri (Catatan 1d) 958.602.200 47.930.110.000 0,64 % Treasury stock (Notes 1d)
Total 151.559.001.604 7.577.950.080.200 100,00% Total
*) Termasuk tantiem yang ditangguhkan dalam bentuk saham *) Included deferred remuneration in the form of shares (Note 31f)
(Catatan 31f)
279
Page 1254
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
a. Modal Saham (lanjutan) a. Capital Stock (continued)
Rincian modal dasar, modal ditempatkan dan The details of authorized, issued and fully paid
disetor penuh BRI masing-masing pada tanggal capital stock of BRI as of December 31, 2025
31 Desember 2025 dan 2024 adalah sebagai and 2024 are as follows (continued):
berikut (lanjutan):
31 Desember/December 31, 2024
Nilai Nominal Total Nilai
per Lembar Saham Saham Persentase
Total Lembar (Rupiah Penuh)/ (Rupiah Penuh)/ Kepemilikan
Saham/ Nominal Value Total Share Saham/
Number of per Share Value Percentage of
Shares (full amount) (full amount) ownership
Modal dasar Authorized capital stock
Saham Seri A Dwiwarna 1 50 50 0,00% Series A Dwiwarna Share
Saham biasa atas nama Seri B 299.999.999.999 50 14.999.999.999.950 100,00% Series B Common Shares
Total 300.000.000.000 15.000.000.000.000 100,00% Total
Modal ditempatkan dan disetor penuh Issued and fully paid capital stock
Saham Seri A Dwiwarna 1 50 50 0,00% Series A Dwiwarna Share
Negara Republik Indonesia Republic of Indonesia
Saham biasa atas nama Seri B Series B Common Shares
Negara Republik Indonesia 80.610.976.875 50 4.030.548.843.750 53,19%% Republic of Indonesia
Dewan Komisaris*): Commissioners*):
- Kartika Wirjoatmodjo 1.678.000 50 83.900.000 0,00% - Kartika Wirjoatmodjo
- Rabin Indrajad Hattari 1.510.100 50 75.505.000 0,00% - Rabin Indrajad Hattari
- Awan Nurmawan Nuh 712.500 50 35.625.000 0,00% - Awan Nurmawan Nuh
Direksi*): Directors*):
- Sunarso 5.658.656 50 282.932.800 0,00% - Sunarso
- Catur Budi Harto 4.045.557 50 202.277.850 0,00% - Catur Budi Harto
- Handayani 5.741.900 50 287.095.000 0,00% - Handayani
- Ahmad Solichin Lutfiyanto 5.454.170 50 272.708.500 0,00% - Ahmad Solichin Lutfiyanto
- Supari 4.970.914 50 248.545.700 0,00% - Supari
- Agus Noorsanto 3.938.641 50 196.932.050 0,00% - Agus Noorsanto
- Viviana Dyah Ayu R.K 3.819.500 50 190.975.000 0,00% - Viviana Dyah Ayu R.K
- Amam Sukriyanto 3.623.454 50 181.172.700 0,00% - Amam Sukriyanto
- Agus Sudiarto 3.584.100 50 179.205.000 0,00% - Agus Sudiarto
- Agus Winardono 3.469.681 50 173.484.050 0,00% - Agus Winardono
- Arga Mahanana Nugraha 3.421.385 50 171.069.250 0,00% - Arga Mahanana Nugraha
- Andrijanto 2.989.700 50 149.485.000 0,00% - Andrijanto
Masyarakat 69.983.528.170 50 3.499.176.408.500 46,20% Public
150.649.123.304 7.532.456.165.200 99,39%
Saham treasuri (Catatan 1d) 909.878.300 45.493.915.000 0,61% Treasury stock (Note 1d)
Total 151.559.001.604 7.577.950.080.200 100,00% Total
*) Termasuk tantiem yang ditangguhkan dalam bentuk saham *) Included deferred remuneration in the form of shares (Note 31f)
(Catatan 31f)
Saham Seri A Dwiwarna adalah saham yang Series A Dwiwarna share is the share that gives
memberikan hak-hak preferen kepada the shareholder preferential rights to approve the
pemegangnya untuk menyetujui pengangkatan appointment and dismissal of Board of
dan pemberhentian Dewan Komisaris dan Commissioners and Directors, amendments in
Direksi, perubahan anggaran dasar, menyetujui the articles of association, approval on BRI’s
penggabungan, peleburan, pengambilalihan merger, dissolution, acquisition and separation,
dan pemisahan BRI, pengajuan permohonan as well as submission of BRI’s bankruptcy and
agar BRI dinyatakan pailit dan pembubaran liquidation declaration request.
BRI.
Saham Seri B adalah saham biasa atas nama Series B shares are common shares that can be
yang dapat dimiliki oleh masyarakat. owned by the public.
280
Page 1255
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor b. Additional Paid-in Capital
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut: follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Tambahan modal Pemerintah Additional capital by
sehubungan dengan the Government related to
program rekapitalisasi 1.092.144 1.092.144 recapitalization program
Sisa setoran modal Pemerintah Remaining balance of paid-up
sebelumnya 5 5 capital by the Government
Agio saham dari IPO 589.762 589.762 Additional paid-in capital from IPO
Eksekusi atas opsi saham Exercise of stock options
Tahun 2004 49.514 49.514 Year 2004
Tahun 2005 184.859 184.859 Year 2005
Tahun 2006 619.376 619.376 Year 2006
Tahun 2007 140.960 140.960 Year 2007
Tahun 2008 29.013 29.013 Year 2008
Tahun 2009 14.367 14.367 Year 2009
Tahun 2010 43.062 43.062 Year 2010
Opsi saham MSOP tahap pertama yang Stock option MSOP Stage-I
telah jatuh tempo 504 504 which is already expired
Opsi saham MSOP tahap kedua yang Stock option MSOP Stage-II
telah jatuh tempo 1.845 1.845 which is already expired
Opsi saham MSOP tahap ketiga yang Stock option MSOP Stage-III
telah jatuh tempo 8.447 8.447 which is already expired
Akuisisi entitas Acquisition of merging
sepengendali tahun 2018 (81.195) (81.195) entities in 2018
Kompensasi atas Saham Bonus Bonus shares compensation
tahun 2019 208.331 208.331 in 2019
Kompensasi atas Saham Bonus Bonus shares compensation
tahun 2020 510.819 510.819 in 2020
Kompensasi atas Saham Bonus Bonus shares compensation
tahun 2021 1.154.211 1.154.211 in 2021
Opsi saham MSOP tahap keempat yang Stock option MSOP Stage-IV
telah jatuh tempo 62.862 62.862 which is already expired
Kehilangan pengendalian atas Loss of control over
entitas anak 565.209 565.209 subsidiaries
Tambahan modal atas transaksi Additional capital for
PMHMETD 94.419.142 94.419.142 PMHMETD transactions
Akuisisi entitas sepengendali Acquisition transaction under
tahun 2021 (23.370.339) (23.370.339) common control in 2021
Kompensasi atas Saham Bonus Bonus shares compensation
tahun 2022 (1.341) (1.341) in 2022
Akuisisi entitas sepengendali Acquisition transaction under
tahun 2022 (604.474) (604.474) common control in 2022
Provision for bonus share
Cadangan saham bonus yang telah from the previous program
jatuh tempo 210.266 210.266 that had matured
Kompensasi atas Saham Bonus Compensation for bonus
tahun 2023 5.778 5.778 shares in 2023
Kompensasi atas Saham Bonus Compensation for bonus
tahun 2024 27.096 27.096 shares in 2024
Kompensasi atas Saham Bonus Compensation for bonus
tahun 2025 (11.798) - shares in 2025
Provision for bonus share
Cadangan saham bonus yang telah from the previous program
jatuh tempo 77.770 - that had matured
75.946.195 75.880.223
281
Page 1256
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor (lanjutan) b. Additional Paid-in Capital (continued)
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut (lanjutan): follows (continued):
Sebagai realisasi dari Program Rekapitalisasi In line with the realization of the Recapitalization
Bank Umum sesuai Peraturan Pemerintah Program for Commercial Banks in accordance
No. 52 Tahun 1999 tentang “Penambahan with Government Regulation No. 52 Year 1999
Penyertaan Modal Negara Republik Indonesia regarding the “Increase in Investment by the
ke dalam Modal Bank Pemerintah”, Pemerintah Republic of Indonesia in State-Owned Banks”,
telah menetapkan bahwa jumlah kebutuhan the Government determined that the
rekapitalisasi BRI untuk mencapai Kewajiban recapitalization requirement amount of BRI to
Penyediaan Modal Minimum 4% adalah achieve Capital Adequacy Ratio (CAR) of 4%
sebesar Rp29.063.531. Sampai dengan was Rp29,063,531. As of June 30, 2003, the
tanggal 30 Juni 2003, modal dasar dan authorized and issued capital stock of BRI has
ditempatkan BRI belum ditingkatkan dengan not yet been increased by additional capital from
tambahan modal dari program rekapitalisasi the above recapitalization program, therefore,
tersebut, sehingga setoran modal Pemerintah the paid-up capital from the Government of
sebesar Rp29.063.531 dicatat sementara pada Rp29,063,531 was recorded temporarily in
akun “Tambahan Modal Disetor” bersama- “Additional Paid-in Capital” account together with
sama dengan sisa setoran modal Pemerintah the previous balance of paid-up capital of Rp5
sebelumnya sebesar Rp5. from the Government.
Berdasarkan Surat Keputusan Menteri Based on the Decision Letter of the Minister of
Keuangan No. 427/KMK.02/2003 tanggal 30 Finance No. 427/KMK.02/2003 dated
September 2003 jumlah final kebutuhan September 30, 2003, the final recapitalization
rekapitalisasi BRI sebesar Rp29.063.531, requirement of BRI amounted to Rp29,063,531.
dikonversi menjadi modal disetor sebesar The amount of Rp3,272,000 was converted to
Rp3.272.000 dan sisanya sebesar paid-up capital and the remaining balance of
Rp25.791.531 dibukukan sebagai agio saham. Rp25,791,531 was recorded as additional paid-
Selanjutnya, dengan dilaksanakannya kuasi- in capital. Furthermore, with the implementation
reorganisasi oleh BRI, saldo rugi sebelum of the quasi-reorganization by BRI, the
kuasi-reorganisasi pada tanggal 30 Juni 2003 accumulated losses before quasi-reorganization
sebesar Rp24.699.387 dieliminasikan ke agio as of June 30, 2003 amounting to Rp24,699,387
saham, sehingga menghasilkan saldo agio was eliminated against additional paid-in capital,
saham sebesar Rp1.092.149 pada tanggal resulting in additional paid-in capital amounting
30 Juni 2003. to Rp1,092,149 as of June 30, 2003.
Pada tanggal 10 November 2003, BRI telah On November 10, 2003, BRI conducted an IPO
melakukan IPO dengan mengeluarkan by issuing 1,764,705,000 new Series B common
1.764.705.000 lembar Saham Biasa Atas Nama shares with a par value of Rp500 (full amount)
Seri B baru dengan nilai nominal Rp500 (nilai per share at the offering price of Rp875 (full
penuh) per saham dengan harga penawaran amount) per share, resulting in additional paid-in
Rp875 (nilai penuh) per saham sehingga capital as follows:
menghasilkan tambahan agio saham sebagai
berikut:
Jumlah Saham Biasa Atas Nama Seri B Total New Series B Common Shares
baru yang dikeluarkan untuk masyarakat Issued to the Public Under
dalam rangka IPO (lembar saham) (Catatan 1c) 1.764.705.000 the IPO (Shares) (Note 1c)
Agio saham per saham (nilai penuh) 375 Additional paid-in capital per share (full amount)
Total agio saham - sebelum diskon 661.764 Total additional paid-in capital - before discount
Dikurangi Less
- 3% diskon yang diberikan kepada nasabah BRI (2.961) - 3% discount given to BRI customers
- Biaya IPO (69.041) - Cost of IPO
Agio saham dari IPO 589.762 Additional paid-in capital from IPO
282
Page 1257
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor (lanjutan) b. Additional Paid-in Capital (continued)
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut (lanjutan): follows (continued):
Transaksi entitas sepengendali Entities under common control transaction
Berdasarkan Akta Jual Beli Saham No. 70 Based on the Deed Sale and Purchase of Shares
tanggal 20 Desember 2018 yang dibuat di No. 70 dated December 20, 2018, of Ashoya
hadapan Ashoya Ratam, S.H., M.Kn., Notaris di Ratam, S.H., M.Kn., PT Bahana Artha Ventura
Jakarta Selatan, PT Bahana Artha Ventura transferred 15,874 shares of BRI Ventura to BRI
telah mengalihkan kepemilikan saham PT BRI (Note 1f) and based on the Deed of Shares
Ventura Investama (BRI Ventures) sebanyak Takeover No. 53 dated December 21, 2018,
15.874 lembar kepada BRI (Catatan 1f), dan made before Masjuki, S.H., a substitute notary of
berdasarkan Akta Pengambilalihan Saham Notary M. Nova Faisal, S.H., M.Kn., PT
No. 53 tanggal 21 Desember 2018 yang dibuat Danareksa (Persero) sold 335,000,000 shares of
di hadapan Masjuki, S.H., notaris pengganti PT Danareksa Sekuritas (Danareksa Sekuritas)
dari M. Nova Faisal, S.H., M.Kn., to BRI (Note 1f).
PT Danareksa (Persero) telah mengalihkan
kepemilikan saham PT Danareksa Sekuritas
(Danareksa Sekuritas), sebanyak 335.000.000
lembar saham kepada BRI (Catatan 1f).
Transaksi jual beli tersebut merupakan These sale and purchase transactions constitute
transaksi kombinasi bisnis entitas sepengendali a business combination of entities under
dimana pemegang saham pengendali (ultimate common control where the ultimate shareholder
shareholder) dari BRI, PT Danareksa (Persero) of BRI, PT Danareksa (Persero) and PT Bahana
dan PT Bahana Artha Ventura adalah Artha Ventura is the Government of the Republic
Pemerintah Republik Indonesia. Oleh karena of Indonesia. Therefore, the transactions are
itu, transaksi tersebut diperlakukan treated based on the pooling of interests method
berdasarkan metode penyatuan kepemilikan in accordance with the Statement of Financial
sesuai dengan Pernyataan Standar Akuntansi Accounting Standarsd (“SFAS”) No. 338,
Keuangan (“PSAK”) No. 338, “Kombinasi Bisnis "Business Combination of Entities Under
Entitas Sepengendali”. Common Control".
Perbedaan antara jumlah imbalan yang The difference between the amount of the
dialihkan dan jumlah tercatat investasi yang considerations transferred and the carrying
diperoleh dari transaksi ini dicatat dalam akun amount of the investment obtained from this
“Tambahan Modal Disetor” pada bagian transaction is recorded in the "additional paid-in
ekuitas, dengan rincian sebagai berikut: capital" account in equity, with details as follows:
Jumlah imbalan Jumlah tercatat Tambahan modal
yang dialihkan/ investasi/ disetor/
Considerations Investment Additional Paid-
transferred Carrying amount in Capital
Danareksa Sekuritas 446.888 366.359 80.529 Danareksa Sekuritas
BRI Ventures 3.090 2.424 666 BRI Ventures
Jumlah 449.978 368.783 81.195 Total
283
Page 1258
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor (lanjutan) b. Additional Paid-in Capital (continued)
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut (lanjutan): follows (continued):
Transaksi entitas sepengendali (lanjutan) Entities under common control transaction
(continued)
Berdasarkan Akta Jual Beli Saham No. 47 Based on the Deed of Sale and Purchase of
tanggal 20 Desember 2018 yang dibuat di Shares No. 47 dated December 20, 2018 made
hadapan Masjuki, S.H., Notaris pengganti dari before Masjuki, S.H., Notary substitute for M.
M. Nova Faisal, S.H., M.Kn., PT Danareksa Nova Faisal, S.H., M.Kn., PT Danareksa
(Persero) telah mengalihkan kepemilikan (Persero) has transferred the share ownership of
saham PT Danareksa Investment Management PT Danareksa Investment Management ("DIM")
(“DIM”) sebanyak 10.500.000 lembar saham amounting to 10,500,000 shares to BRI (Note
kepada BRI (Catatan 1f). Atas transaksi ini BRI 1f). For this transaction, BRI has significant
memiliki pengaruh signifikan terhadap DIM influence on DIM so that this transaction is
sehingga transaksi ini dicatat sesuai recorded in accordance with SFAS No. 228,
PSAK No. 228 “Investasi pada Entitas "Investment in Associates", where in the equity
Asosiasi”, dimana dalam metode ekuitas method initial recognition is recognized
pengakuan awal diakui sesuai dengan harga according to the acquisition price which is then
perolehan yang kemudian ditambah atau added or reduced to recognize BRI's share of
dikurangi untuk mengakui bagian BRI atas laba DIM's profit or loss after date of acquisition.
rugi DIM setelah tanggal perolehan.
Kemudian berdasarkan Akta Jual Beli Saham Furthermore, based on the Deed of Sale and
No. 32 tanggal 30 November 2022 yang dibuat Purchase of Shares No. 32 dated November 30,
di hadapan Fathiah Helmi, S.H., Notaris di 2022 made before Fathiah Helmi, S.H., Notary in
Jakarta, PT Danareksa (Persero) telah Jakarta, PT Danareksa (Persero) has
mengalihkan kepemilikan saham PT Danareksa transferred ownership of PT Danareksa
Investment Management (“DIM”) sebanyak Investment Management (“DIM”) shares totaling
9.000.000 lembar saham kepada BRI (Catatan 9,000,000 shares to BRI (Note 1f), so that BRI
1f), sehingga BRI memiliki 19.500.000 lembar owns 19,500,000 shares or equivalent to 65% of
saham atau setara dengan 65% dari total the total outstanding shares of DIM. For this
saham beredar DIM. Atas transaksi ini BRI transaction, BRI obtained control over DIM so
memperoleh pengendalian terhadap DIM that this transaction is a business combination of
sehingga atas transaksi ini merupakan entities under common control and is recorded in
kombinasi bisnis entitas sepengendali dan accordance with SFAS No. 338, "Business
dicatat sesuai PSAK No. 338, “Kombinasi Combinations of Entities under Common
Bisnis Entitas Sepengendali”. Control".
Perbedaan antara jumlah imbalan yang The difference between the amount of
dialihkan dan jumlah tercatat investasi yang consideration transferred and the carrying
diperoleh dari transaksi ini dicatat dalam akun amount of the investment obtained from this
“Tambahan Modal Disetor” pada bagian transaction is recorded in the "Additional Paid-in
ekuitas. Pada tanggal akuisisi di tahun 2022 Capital" account in the equity section. At the
selisih antara jumlah imbalan yang dialihkan acquisition date in 2022, the difference between
dan jumlah tercatat investasi adalah sebesar the amount of consideration transferred and the
Rp604.474. carrying amount of the investment amounted to
Rp604,474.
284
Page 1259
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor (lanjutan) b. Additional Paid-in Capital (continued)
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut (lanjutan): follows (continued):
Kehilangan pengendalian atas entitas anak Loss of control over the subsidiary (BRIS)
(BRIS)
Pada tanggal 12 Oktober 2020, PT Bank On October 12, 2020, PT Bank Mandiri (Persero)
Mandiri (Persero) Tbk (Mandiri), PT Bank Tbk (Mandiri), PT Bank Rakyat Indonesia
Rakyat Indonesia (Persero) Tbk (BRI), PT Bank (Persero) Tbk (BRI), PT Bank Negara Indonesia
Negara Indonesia (Persero) Tbk (BNI), PT Bank (Persero) Tbk (BNI), PT Bank Syariah Mandiri
Syariah Mandiri (BSM), PT Bank BRIsyariah (BSM), PT Bank BRIsyariah Tbk (BRIS) and PT
Tbk (BRIS) dan PT Bank BNI Syariah (BNIS) Bank BNI Syariah (BNIS) have signed a
telah menandatangani Conditional Merger Conditional Merger Agreement (CMA) for the
Agreement (CMA) atau Perjanjian purpose of merging BSM, BRIS and BNIS
Penggabungan Bersyarat dalam rangka (Merger Participating Banks).
penggabungan usaha BSM, BRIS dan BNIS
(Bank Peserta Penggabungan).
Berdasarkan CMA, setelah tanggal efektif Based on the CMA, after the effective date of the
penggabungan, PT Bank BRIsyariah Tbk merger, PT Bank BRIsyariah Tbk (BRIS) will
(BRIS) akan menjadi entitas yang menerima become the surviving entity and all shareholders
penggabungan atau surviving entity dan of PT Bank BNI Syariah (BNIS) and PT Bank
seluruh pemegang saham PT Bank BNI Syariah Syariah Mandiri (BSM) will become shareholders
(BNIS) dan PT Bank Syariah Mandiri (BSM) of the entity that accept the merger based on the
akan menjadi pemegang saham dari entitas combined ratio.
yang menerima penggabungan berdasarkan
rasio penggabungan.
Berdasarkan rasio penggabungan kepemilikan Based on the combined ratio of BRI's ownership
BRI atas BSI adalah sebesar 17,29% atau of BSI, it is 17.29% or 7,092,761,655 shares
sebanyak 7.092.761.655 lembar saham senilai worth Rp3,546,381.
Rp3.546.381.
Sejak tanggal 1 Februari 2021, BRI telah Since February 1, 2021, BRI has lost control of
kehilangan pengendalian atas BRIS yang BRIS which has resulted in BRI having to
mengakibatkan BRI harus menghentikan derecognize BRIS' net assets at their carrying
pengakuannya terhadap aset neto BRIS pada amount of Rp909,707 and the carrying amount
nilai tercatatnya sebesar Rp909.707 dan jumlah of any former non-controlling interest in BRIS
tercatat setiap kepentingan non-pengendali when control is lost (including any components
terdahulu kepada BRIS ketika pengendalian of other comprehensive income attributable
hilang (termasuk setiap komponen penghasilan to non-controlling interests) amounting to
komprehensif lain yang diatribusikan pada Rp1,452,824. After that BRI recognized
kepentingan non pengendali) senilai investment in BSI in accordance with the
Rp1.452.824. Setelah itu BRI mengakui combined ratio where the difference between
investasi pada BSI sesuai dengan rasio BRIS's net assets and BSI's investment was
penggabungan dimana selisih antara aset neto recorded as additional paid-in capital of
BRIS dengan investasi BSI dicatat sebagai Rp565,209.
tambahan modal disetor sebesar Rp565.209.
Transaksi penggabungan ini merupakan This merger transaction is a business
transaksi kombinasi bisnis entitas sepengendali combination transaction of entities under
dimana pemegang saham pengendali (ultimate common control in which the ultimate
shareholder) dari BRI, BNI, Mandiri, BSM, BRIS shareholder of BRI, BNI, Mandiri, BSM, BRIS
dan BNIS adalah Pemerintah Republik and BNIS is the Government of the Republic of
Indonesia. Indonesia.
285
Page 1260
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor (lanjutan) b. Additional Paid-in Capital (continued)
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut (lanjutan): follows (continued):
Kehilangan pengendalian atas entitas anak Loss of control over the subsidiary (BRIS)
(BRIS) (lanjutan) (continued)
Oleh karena itu, transaksi tersebut diperlakukan Therefore, the transaction is treated based on
berdasarkan metode penyatuan kepemilikan the combined interest method in accordance with
sesuai dengan Pernyataan Standar Akuntansi Statement of Financial Accounting Standards
Keuangan (“PSAK”) No. 338 “Kombinasi Bisnis (“SFAS”) No. 338, “Business Combination of
Entitas Sepengendali”. Entities Under Common Control”.
Perbedaan antara jumlah tercatat investasi The difference between the carrying amount of
sebelumnya dan jumlah tercatat investasi yang the previous investment and the carrying amount
diperoleh dari transaksi ini dicatat dalam akun of the investment obtained from this transaction
“Tambahan Modal Disetor” pada bagian is recorded in the “Additional Paid-in Capital”
ekuitas, dengan rincian sebagai berikut: account in the equity section, with details as
follows:
Jumlah tercatat Jumlah tercatat
investasi investasi
sebelumnya/ akibat merger/ Tambahan modal
Carrying amount Carrying amount disetor/
of previous of investment Additional
investment due to merger paid-in capital
Kepemilikan BRI atas BSI 2.981.172 3.546.381 565.209 BRI ownership of BSI
Penerbitan Saham Baru Additional Capital for PMHMETD transactions
Sesuai dengan RUPS Luar Biasa pada tanggal In accordance with the Extraordinary General
22 Juli 2021, seperti yang telah diungkapkan Meeting of Shareholders on July 22, 2021, as
dalam Akta No. 61 Notaris Fathiah Helmi, S.H., disclosed in the Deed No. 61 of Notary Fathiah
pemegang saham menyetujui BRI menerbitkan Helmi, S.H., the shareholders approved the
saham baru dalam rangka penambahan modal company issues new shares in connection with
melalui mekanisme Penambahan Modal the issuance of Additional Capital with
dengan Hak Memesan Efek Terlebih Dahulu I Preemptive Rights I (PMHMETD I) mechanism.
(PMHMETD I).
PMHMETD I tersebut telah memperoleh Additional Capital with Preemptive Rights I has
Pernyataan Efektif dari Otoritas Jasa Keuangan received an effective statement from the
(“OJK”) pada tanggal 30 Agustus 2021. Financial Services Authority ("OJK") on August
Pemerintah Republik Indonesia, selaku 30, 2021. The Government of the Republic of
pemegang saham pengendali Perseroan Indonesia, as the controlling shareholder of the
mengambil bagian atas seluruh Hak Memesan Company, takes part to all Preemptive Rights to
Efek Terlebih Dahulu (HMETD) yang menjadi which it is entitled by conducting Inbreng on
haknya dengan melakukan Inbreng atas saham shares owned by the Government's shares in
milik Pemerintah pada Pegadaian dan PNM Pegadaian and PNM to BRI as follows:
kepada BRI adalah sebagai berikut:
a. 6.249.999 saham Seri B atau mewakili a. 6,249,999 Series B shares or representing
99,99% dari seluruh modal ditempatkan 99.99% of the issued and fully paid capital
dan disetor penuh dalam Pegadaian; in Pegadaian;
b. 3.799.999 saham Seri B atau mewakili b. 3,799,999 Series B shares or representing
99,99% dari seluruh modal ditempatkan 99.99% of the issued and fully paid capital
dan disetor penuh dalam PNM. in PNM.
286
Page 1261
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor (lanjutan) b. Additional Paid-in Capital (continued)
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut (lanjutan): follows (continued):
Penerbitan Saham Baru (lanjutan) Additional Capital for PMHMETD transactions
(continued)
Transaksi inbreng tersebut sesuai Akta The inbreng transaction is in accordance with the
Pengalihan Hak Atas Saham Republik Deed of Transfer of Rights to Shares of the
Indonesia atas Perusahaan Perseroan Republic of Indonesia for both the Company
(Persero) PT Pegadaian, Perusahaan (Persero) PT Pegadaian, and PT Permodalan
Perseroan (Persero) PT Permodalan Nasional Nasional Madani and in relation to the assitional
Madani untuk dan dalam rangka Penambahan investment in the company (Persero) PT Bank
Penyertaan Negara Republik Indonesia Dalam Rakyat Indonesia Tbk by the Republic of
Penyertaan Modal Perusahaan Perseroan Indonesia No. 13 dated September 13, 2021,
(Persero) PT Bank Rakyat Indonesia Tbk Notary Fathiah Helmi, S.H., for the Inbreng
No. 13 tanggal 13 September 2021, Notaris Transaction is a business combination
Fathiah Helmi, S.H., atas Transaksi inbreng transaction of entities under common control in
tersebut merupakan transaksi kombinasi bisnis which the ultimate shareholder of BRI,
entitas sepengendali dimana pemegang saham PT Pegadaian (Persero) and PT Permodalan
pengendali (ultimate shareholder) dari BRI, Nasional Madani is the Government of the
PT Pegadaian (Persero) dan PT Permodalan Republic of Indonesia. Therefore, the transaction
Nasional Madani adalah Pemerintah Republik is treated based on the pooling of interest
Indonesia. Oleh karena itu, transaksi tersebut method in accordance with Statement of
diperlakukan berdasarkan metode penyatuan Financial Accounting Standards (“SFAS”) No.
kepemilikan sesuai dengan Pernyataan 338, “Business Combination of Entities Under
Standar Akuntansi Keuangan (“PSAK”) Common Control”.
No. 338, “Kombinasi Bisnis Entitas
Sepengendali”.
Perbedaan antara jumlah imbalan yang The difference between the nominal of
dialihkan dan jumlah tercatat investasi yang investment and carrying amount of investment
diperoleh dari transaksi ini dicatat dalam akun from this transaction is recorded in “Additional
“Tambahan Modal Disetor” pada bagian paid-in capital” in equity section as follows:
ekuitas, dengan rincian sebagai berikut:
Jumlah tercatat Jumlah tercatat
investasi investasi
sebelumnya/ akibat merger/ Tambahan modal
Carrying amount Carrying amount disetor/
of previous of investment Additional
investment due to merger paid-in capital
PNM 6.100.068 6.073.819 26.249 PNM
Pegadaian 48.670.528 25.326.438 23.344.090 Pegadaian
Jumlah 54.770.596 31.400.257 23.370.339 Total
Jumlah imbalan yang dialihkan sesuai dengan The nominal amount of investment transferred is
hasil nilai wajar dari Kantor Jasa Penilai Publik in accordance with the fair value result
(KJPP) Suwendho Rinaldy dan Rekan, from the External Independent Appraisal (KJPP)
sesuai dengan laporan No. 00244/2.0059- Suwendho Rinaldy and Partners, in accordance
02/BS/07/0242/1/VI/2021 tanggal 30 Juni 2021 with report No. 00244/2.0059-02/BS/07/0242/1/
dan No. 00245/2.0059-02/BS/07/0242/1/VI/ VI/2021 dated June 30, 2021 and No. 00245/
2021 tanggal 30 Juni 2021. 2.0059-02/BS/07/0242/1/VI/2021 dated June 30,
2021.
287
Page 1262
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
b. Tambahan Modal Disetor (lanjutan) b. Additional Paid-in Capital (continued)
Rincian tambahan modal disetor adalah The details of additional paid-in capital are as
sebagai berikut (lanjutan): follows (continued):
Penerbitan Saham Baru (lanjutan) Additional Capital for PMHMETD transactions
(continued)
Atas PMHMETD I meningkatkan modal dan The PMHMETD I increased the issued and fully
disetor penuh sebanyak 28.213.191.604 paid capital of 28,213,191,604 shares or
lembar saham atau sebesar Rp1.410.659, yang Rp1,410,659, consisting of the Government
terdiri dari inbreng Pemerintah sebanyak inbreng shares totaling 16,108,998,710 shares
16.108.998.710 lembar saham atau or Rp805,450 and the public as many as
sebesar Rp805.450 dan publik sebanyak 12,104,192,894 shares or Rp605,210, which
12.104.192.894 lembar saham atau sebesar resulted in an increase in additional paid-in
Rp605.210, yang mengakibatkan kenaikan capital of Rp94,419,142 (after deducting
tambahan modal disetor sebesar Rp94.419.142 emission costs).
(setelah dikurangi oleh biaya emisi).
c. Selisih Kurs karena Penjabaran Laporan c. Differences Arising from Translation of Foreign
Keuangan dalam Mata Uang Asing Currency Financial Statements
Akun ini merupakan selisih kurs yang timbul This account represents the exchange rate
karena penjabaran laporan keuangan BRI differences arising from the translation of the
Kantor Cabang/Perwakilan luar negeri financial statements of BRI overseas
(Cayman Islands, New York, Hong Kong, branches/representative office (Cayman Islands,
Singapura, Timor-Leste dan Taipei) dan entitas New York, Hong Kong, Singapore, Timor-Leste,
anak dalam mata uang Dolar Amerika Serikat, and Taipei) and subsidiaries with functional
Dolar Hong Kong, Dolar Singapura dan Dolar currency of United States Dollar, Hong Kong
Taiwan Baru ke dalam mata uang Rupiah Dollar, Singaporean Dollar, and New Taiwanese
(Catatan 2ai). Dollar into Rupiah (Note 2ai).
d. Pembagian Laba d. Distribution of Net Income
Dalam RUPS Tahunan BRI tanggal 24 Maret In the Annual General Meetings of BRI’s
2025 dan 1 Maret 2024 pemegang saham Shareholders held on March 24, 2025 and March
menyetujui pembagian dividen dari laba tahun 1, 2024, the Shareholders agreed to distribute
berjalan untuk tahun yang berakhir pada dividend from net income for the years ended
tanggal-tanggal 31 Desember 2024 dan December 31, 2024 and 2023 are as follows:
2023 dengan rincian sebagai berikut:
Laba tahun berjalan/
Income for the year
Untuk tahun yang berakhir
pada tanggal 31 Desember/
ended December 31,
2024 2023
Pembagian laba untuk dividen 51.726.772 48.102.283 Profit distribution for dividends
Berdasarkan Perubahan Anggaran Dasar Based on the Amendment to the Articles of
dalam Akta Notaris Fathiah Helmi, S.H., No. 31 Association in Notarial Deed of Fathiah Helmi,
tanggal 22 April 2024 yang menyatakan bahwa S.H., No. 31 dated April 22, 2024, which states
Perseroan dapat membagikan Dividen Interim that the Company may distribute Interim
berdasarkan keputusan Direksi setelah Dividends based on a resolution of the Board of
memperoleh persetujuan Dewan Komisaris Directors after obtaining approval from the Board
dan/atau apabila diminta oleh Pemegang of Commissioners and/or upon request from
Saham yang mewakili paling sedikit 1/10 (satu Shareholders representing at least 1/10 (one-
per sepuluh) bagian dari saham yang telah tenth) of the issued shares, provided that such
dikeluarkan dan telah mendapatkan distribution has been approved by the Board of
persetujuan Dewan Komisaris. Commissioners.
288
Page 1263
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
d. Pembagian Laba (lanjutan) d. Distribution of Net Income (continued)
Pembagian dividen interim BRI tahun buku The distribution of BRI’s interim dividend for the
2025 sesuai dengan Surat Persetujuan 2025 financial year, in accordance with Approval
No. R.153-KOM/12/2025 tanggal 15 Desember Letter No. R.153-KOM/12/2025 dated December
2025, disetujui sebesar Rp137 per lembar 15, 2025, has been approved at Rp137 per
saham atau sebesar Rp20.613.694. share, amounting to Rp20,613,694.
Pembagian dividen interim BRI tahun buku The distribution of BRI’s interim dividend for the
2024 sesuai dengan Surat Persetujuan 2024 financial year, in accordance with Approval
No. R.128-KOM/12/2024 tanggal 12 Desember Letter No. R.128-KOM/12/2024 dated December
2024, disetujui sebesar Rp135 per lembar 12, 2024, has been approved at Rp135 per
saham atau sebesar Rp20.337.632. share, amounting to Rp20,337,632.
e. Reklasifikasi Saldo Laba - Telah Ditentukan e. Reclassification of Appropriated Retained
Penggunaannya Earnings
Dalam rangka menjaga struktur In order to maintain its capital structure, BRI has
permodalannya, BRI telah melakukan reclassified its appropriated retained earnings
reklasifikasi saldo laba yang telah ditentukan into unappropriated retained earnings amounting
penggunaannya (cadangan tujuan) ke saldo to Rp15,093,056 in 2016. This is in accordance
laba yang belum ditentukan penggunaannya with the implementation of the Financial Services
sebesar Rp15.093.056 pada tahun 2016. Hal ini Authority Regulation (POJK)
dilakukan sehubungan dengan penerapan No. 34/POJK.03/2016 dated September 26,
Peraturan Otoritas Jasa Keuangan (POJK) 2016 regarding ”Amendment to POJK
No. 34/POJK.03/2016 pada tanggal No. 11/POJK.03/2016 regarding Minimum
26 September 2016 tentang ”Perubahan atas Capital Adequacy Requirement for Commercial
POJK No. 11/POJK.03/2016 tentang Kewajiban Banks”.
Penyediaan Modal Minimum Bank Umum”.
f. Saham bonus BRI f. BRI Bonus Shares
Dalam rangka meningkatkan produktivitas dan In order to increase productivity and create
menciptakan sense of belonging terhadap a sense of belonging to the company and provide
perusahaan dan memberikan insentif jangka long-term incentives for workers to achieve
panjang kepada pekerja untuk mencapai target predetermined targets, BRI management
yang telah ditetapkan, Manajemen BRI decided to provide a share ownership bonus
memutuskan untuk memberikan program program for workers in the form of Employee
bonus kepemilikan saham bagi pekerja dalam Stock Allocation (ESA) program.
program Employee Stock Allocation (ESA).
Alokasi saham diberikan kepada masing- Share allocation is given to each worker based
masing pekerja berdasarkan kinerja individu on individual and company performance.
dan perusahaan.
289
Page 1264
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
f. Saham bonus BRI (lanjutan) f. BRI Bonus Shares (continued)
Sesuai surat Direksi No. B.0016-DIR/HCS/ In accordance with the Board of Directors' letter
01/2023 tanggal 2 Januari 2023, BRI kembali No. B.0016-DIR/HCS/01/2023 dated January 2,
melaksanakan program ESA dimana tanggal 2023, BRI is re-implementing the ESA program
pemberian alokasi hak saham atau tanggal where the share rights allocation date or grant
grant pada 2 Januari 2023, dengan akhir date is January 2, 2023, with the end of the
periode vesting pada 31 Desember 2024. vesting period on December 31, 2024.
Nilai wajar dari ESA pada saat pemberian The fair value of ESA at the time of grant on
pada tanggal 2 Januari 2023 sebesar January 2, 2023 was Rp406,008. The fair value
Rp406.008. Nilai wajar ESA diamortisasi of ESA is amortized over the vesting period and
selama masa vesting dan diakui dalam laba rugi recognized in consolidated profit or loss and
dan penghasilan komprehensif lain other comprehensive income, while the
konsolidasian, sedangkan akumulasi biaya accumulated costs over the vesting period are
selama periode vesting diakui dalam ekuitas. recognized in equity.
Biaya ESA yang diakui dalam laba rugi dan ESA costs recognized in consolidated profit or
penghasilan komprehensif lain konsolidasian loss and other comprehensive income for the
untuk tahun yang berakhir pada tanggal 31 years ended December 31, 2025 and 2024
Desember 2025 dan 2024 sebesar Rp1.194 amounted to Rp1,194 and Rp217,957.
dan Rp217.957.
Per 31 Desember 2023, cadangan saham As of December 31, 2023, bonus share reserves
bonus dari program sebelumnya yang telah from the previous program that had matured
jatuh tempo sebesar Rp210.266 yang amounted to Rp210,266 which resulted in an
mengakibatkan kenaikan tambahan modal additional increase in paid-in capital.
disetor.
Selain program ESA bagi pekerja, terdapat juga Apart from the ESA program for employees,
program Long Term Incentives (LTI) yang there is also a Long Term Incentives (LTI)
ditujukan kepada direksi dan komisaris non program aimed at BRI's non-independent
independen BRI dimana tanggal pemberian directors and commissioners where the
alokasi hak saham atau tanggal grant masing- allocation date for share rights or grant date are
masing pada 15 Desember 2023 (LTI 2023) dan December 15, 2023 (LTI 2023) and December
23 Desember 2022 (LTI 2022), dengan 23, 2022 (LTI 2022), with taking into holding
memperhatikan ketentuan holding period untuk period for each program.
masing-masing program.
Nilai wajar dari LTI pada saat pemberian pada The fair value of LTI at the time of grant on
tanggal 15 Desember 2023 dan 23 Desember December 15, 2023 and December 23, 2022
2022 masing-masing sebesar Rp211.117 dan amounted Rp211,117 and Rp141,438,
Rp141.438. Nilai wajar LTI diamortisasi selama respectively. The fair value of LTI is amortized
masa vesting dan diakui dalam laba rugi dan over the vesting period and recognized in
penghasilan komprehensif lain konsolidasian, consolidated profit or loss and other
sedangkan akumulasi biaya selama periode comprehensive income, while the accumulated
vesting diakui dalam ekuitas. costs over the vesting period are recognized in
equity.
Biaya LTI yang diakui dalam laba rugi dan LTI costs recognized in consolidated profit or
penghasilan komprehensif lain konsolidasian loss and other comprehensive income for the
untuk tahun yang berakhir pada tanggal years ended December 31, 2025 and 2024
31 Desember 2025 dan 2024 masing-masing amounted to Rp103,907 and Rp164,549,
sebesar Rp103.907 dan Rp164.549. respectively.
290
Page 1265
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
f. Saham bonus BRI (lanjutan) f. BRI Bonus Shares (continued)
Berdasarkan Surat Menteri Badan Usaha Milik According to the letter of the Minister of State-
Negara (BUMN) Republik Indonesia No.SR- Owned Enterprises (BUMN) No.SR-
198/MBU/04/2024, tanggal 3 April 2024, 198/MBU/04/2024, dated April 3, 2024, the
Menteri BUMN telah menetapkan besarnya minister has determined the amount of
jumlah tantiem untuk Direksi dan Dewan remuneration for Board Directors and Board of
Komisaris atas kinerja tahun buku 2023, Commisioners for the performance of fiscal year
dimana atas bagian 20% dari jumlah tantiem 2023, which is 20% of the total of remuneration
tersebut harus ditangguhkan selama 3 (tiga) must be deferred for 3 (three) years or the end of
tahun atau sampai berakhir masa jabatannya the term of office to be paid in the form of shares
dan pembayaran dalam bentuk saham untuk for Board of Directors and non Independent
Direksi dan Dewan Komisaris Non Independen Board of Commissioners, as well as in the form
serta dalam bentuk tunai bagi Komisaris of cash for Independent Commissioners.
Independen.
g. Perubahan proporsi kepemilikan oleh g. Changes in the proportion of ownership by
kepentingan non-pengendali di PT Asuransi non-controlling interests in PT Asuransi BRI Life
BRI Life (BRI Life) (BRI Life)
Perubahan proporsi ekuitas yang dimiliki oleh Change in the proportion of equity held by non-
kepentingan non-pengendali sesuai dengan controlling interests based on the Shareholders
Perjanjian Pemegang Saham tanggal 2 Maret Agreement dated March 2, 2021 (Note 1f), BRI
2021 (Catatan 1f), BRI menyesuaikan jumlah adjusted the carrying amount of controlling and
tercatat kepentingan pengendalian dan non-controlling interests to reflect changes of
kepentingan non-pengendalian untuk ownership in BRI Life. The difference between
mencerminkan perubahan kepemilikan dalam the adjusted carrying amount of the
BRI Life. Perbedaan antara jumlah tercatat non-controlling interest and the fair value of the
kepentingan non-pengendali yang disesuaikan benefits received by BRI is recognized directly in
dan nilai wajar imbalan yang diterima BRI diakui equity, namely in the “Impact of transactions with
secara langsung dalam ekuitas yaitu pada akun non-controlling” account amounting to
‘’Dampak Transaksi Dengan Kepentingan Rp1,758,580.
Non-Pengendali’’ sebesar Rp1.758.580.
h. Kepentingan non-pengendali h. Non-controlling interest
Berikut di bawah ini adalah rincian dari Below are the details of non-controlling interests:
kepentingan non-pengendali:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024*)
Kepentingan non-pengendali Non-controlling interests
PT Asuransi BRI Life 5.915.092 5.292.216 PT Asuransi BRI Life
PT Bank Raya Indonesia Tbk 411.154 457.897 PT Bank Raya Indonesia Tbk
PT BRI Asuransi Indonesia 264.047 226.011 PT BRI Asuransi Indonesia
PT BRI Danareksa Sekuritas 179.340 173.872 PT BRI Danareksa Sekuritas
PT BRI Manajemen Investasi 96.077 85.340 PT BRI Manajemen Investasi
PT Permodalan Nasional Madani 30.777 41.698 PT Permodalan Nasional Madani
PT Pegadaian 9.246 7.893 PT Pegadaian
PT BRI Multifinance Indonesia 1.816 1.711 PT BRI Multifinance Indonesia
PT BRI Ventura Investama 27 27 PT BRI Ventura Investama
Total 6.907.576 6.286.665 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
291
Page 1266
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
i. Pengalihan Sebagian saham Seri B milik i. Partially Transfer of Series B Shares owned by
Negara Republik Indonesia kepada Indonesia the Republic of Indonesia to the Indonesia
Investment Authority Investment Authority
Berdasarkan Peraturan Pemerintah Republik Based on Government Regulation of the
Indonesia No. 111 Tahun 2021 tentang Republic of Indonesia No. 111 year 2021
Penambahan Penyertaan Modal Negara regarding the Addition of the State Equity
Republik Indonesia ke dalam Modal Lembaga Participation of the Republic of Indonesia into the
Pengelola Investasi telah ditetapkan Capital of the Investment Management
penambahan penyertaan modal negara kepada Institution, it has been stipulated of the addition
Lembaga Pengelola Investasi (dalam hal ini of the state's equity participation to the
Indonesia Investment Authority). Penambahan Investment Management Institution (in this case
penyertaan modal tersebut berasal dari the Indonesia Investment Authority). The
pengalihan saham seri B milik Negara Republik additional capital participation comes from the
Indonesia pada BRI. transfer of BRI series B shares owned by the
Republic of Indonesia to BRI.
Selanjutnya sesuai dengan Akta Notaris No. 33 Subsequently, in accordance with the Notarial
Tentang Perjanjian Pengalihan Hak atas Deed No. 33 regarding the Agreement on the
Saham Negara Republik Indonesia pada Transfer of Rights to the Shares of the Republic
Perusahaan Perseroan (Persero) PT Bank of Indonesia in PT Bank Rakyat Indonesia
Rakyat Indonesia (Persero) Tbk kepada dan (Persero) Tbk, to and in the context of the
Dalam Rangka Penambahan Penyertaan addition of the State Equity Participation of the
Modal Negara Republik Indonesia ke dalam Republic of Indonesia into the Capital of the
Modal Lembaga Pengelola Investasi yang Investment Management Institution made by
dibuat oleh Notaris Fathiah Helmi, S.H. Notary Fathiah Helmi, S.H. The partial transfer of
Pengalihan Sebagian saham seri B milik series B shares belonging to the Republic of
Negara Republik Indonesia pada BRI kepada Indonesia in BRI to the Indonesia Investment
Indonesia Investment Authority telah efektif Authority has been effective upon the signing of
setelah ditandatanganinya Akta tersebut pada the Deed on December 23, 2021.
tanggal 23 Desember 2021.
Pengalihan sebagian saham seri B milik Negara The transfer of part of the series B shares owned
Republik Indonesia pada BRI kepada Indonesia by the Republic of Indonesia in BRI to the
Investment Authority sejumlah 5.498.021.834 Indonesia Investment Authority amounted to
lembar saham atau sebesar 3,63%, sehingga 5,498,021,834 shares or 3.63%, so that the
saham seri B milik Negara Republik Indonesia series B shares owned by the Republic of
pada BRI menjadi sejumlah 80.610.976.875 Indonesia in BRI amounting to 80,610,976,875
lembar saham atau 53,19%. shares or 53.19%.
j. Pengalihan Sebagian saham Seri B milik j. Partially Transfer of Series B Shares owned by
Negara Republik Indonesia kepada PT Biro the Republic of Indonesia to the PT Biro
Klasifikasi Indonesia (Persero) Klasifikasi Indonesia (Persero)
Berdasarkan Peraturan Pemerintah Republik Based on Government Regulation of the
Indonesia No. 15 Tahun 2025 Penambahan Republic of Indonesia No. 15 year 2025
Penyertaan Modal Negara RI ke dalam Modal regarding Republic of Indonesia Additional State
Saham Perusahaan Perseroan (Persero) Participation into Share Capital of PT Biro
PT Biro Klasifikasi Indonesia (Persero) untuk Klasifikasi Indonesia (Persero) for The
Pendirian Holding Operasional. Penambahan Establishment of Operational Holding. The
penyertaan modal tersebut berasal dari additional capital participation comes from the
pengalihan saham seri B milik Negara Republik transfer of BRI series B shares owned by the
Indonesia pada BRI. Republic of Indonesia to BRI.
292
Page 1267
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. EKUITAS (lanjutan) 31. EQUITY (continued)
j. Pengalihan Sebagian saham Seri B milik j. Partially Transfer of Series B Shares owned by
Negara Republik Indonesia kepada PT Biro the Republic of Indonesia to the PT Biro
Klasifikasi Indonesia (Persero) (lanjutan) Klasifikasi Indonesia (Persero) (continued)
Selanjutnya sesuai dengan Akta Notaris No. Subsequently, in accordance with the Notarial
121 Tentang Penyertaan Saham dengan Deed No. 121 regarding the share participation
Pemasukan Dalam Perseroan Terbatas yang through inclusion in limited liability company
dibuat oleh Notaris Jose Dima Satria S.H., made by Notary Jose Dimas Satria S.H., M.Kn.,
M.Kn., pengalihan seluruh saham seri B milik the transfer of all series B shares belonging to
Negara Republik Indonesia pada BRI kepada the Republic of Indonesia in BRI to PT Biro
PT Biro Klasifikasi Indonesia (Persero) telah Klasifikasi Indonesia (Persero) has been
efektif setelah ditandatanganinya akta tersebut effective upon the signing of the Deed on March
pada tanggal 22 Maret 2025. 22, 2025.
Pengalihan saham seri B milik Negara Republik The transfer of the series B shares owned by the
Indonesia pada BRI kepada PT Biro Klasifikasi Republic of Indonesia in BRI to the PT Biro
Indonesia (Persero) (pada tanggal 5 Juni 2025 Klasifikasi Indonesia (Persero) (on June 5, 2025
berganti nama menjadi PT Danantara Asset changed its name to PT Danantara Asset
Management (Persero)) sejumlah Management (Persero)) amounted to
80.610.976.875 lembar saham atau sebesar 80,610,976,875 shares or 53.19%.
53,19%.
32. PENDAPATAN BUNGA DAN SYARIAH 32. INTEREST AND SHARIA INCOME
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Pendapatan bunga diperoleh dari: Interest income are derived from:
Rupiah Rupiah
Kredit yang diberikan Loan
Mikro 99.791.360 96.494.961 Micro
Ritel 50.599.597 47.977.442 Retail
Korporasi 9.485.876 7.378.812 Corporate
Piutang sewa pembiayaan 569.590 944.667 Finance lease receivables
Efek-efek Securities
Nilai wajar melalui laba rugi Fair value through profit or loss
Obligasi Pemerintah 231.411 258.985 Government Bonds
Obligasi 81.206 49.654 Bonds
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive Income
Obligasi Pemerintah 4.463.101 3.210.708 Government Bonds
Sertifikat Bank Indonesia 821.310 2.034.199 Bank Indonesia Certificate
293
Page 1268
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
32. PENDAPATAN BUNGA DAN SYARIAH (lanjutan) 32. INTEREST AND SHARIA INCOME (continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Pendapatan bunga diperoleh dari: Interest income are derived from:
(lanjutan) (continued)
Rupiah (lanjutan) Rupiah (continued)
Efek-efek (lanjutan) Securities (continued)
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Obligasi 855.382 628.807 Bonds
Medium-Term Note 14.948 22.886 Medium-Term Note
Negotiable Certificate of Deposit 3.707 4.557 Negotiable Certificate of Deposit
Biaya perolehan diamortisasi Amortized Costs
Obligasi Pemerintah 6.103.793 5.705.692 Government Bonds
Obligasi 122.425 109.136 Bonds
Sertifikat Bank Indonesia 7.048 3.985 Bank Indonesia Certificate
Medium-Term Note 1.095 1.163 Medium-Term Note
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 477.009 909.832 agreement to resell
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan lembaga keuangan lain and other financial instruments
Deposit Facility/Term Deposit 260.037 264.872 Deposit Facility/Term Deposit
Inter-bank call money 53.738 67.049 Inter-bank call money
Lain-lain 648.542 1.033.116 Others
Wesel Ekspor dan Tagihan Lainnya 1.476.458 1.898.503 Export Bills and Other Receivables
Giro pada Bank Indonesia 4.024 725 Current accounts with Bank Indonesia
Lain-lain 1.691.312 3.288.749 Others
177.762.969 172.288.500
Mata uang asing Foreign currency
Kredit yang diberikan Loan
Korporasi 7.847.032 7.054.808 Corporate
Ritel 113.996 333.186 Retail
Piutang sewa pembiayaan 91 854 Finance lease receivables
Efek-efek Securities
Nilai wajar melalui laba rugi Fair value through profit or loss
Obligasi Pemerintah 47.437 85.113 Government Bonds
Obligasi 156 1.102 Bonds
Nilai wajar melalui penghasilan Fair value through Other
komprehensif lain Comprehensive Income
Obligasi Pemerintah 977.580 1.016.484 Government Bonds
Obligasi 348.499 336.725 Bonds
Sertifikat Bank Indonesia 657.204 375.183 Bank Indonesia Certificate
Negotiable Certificate of Deposit 629 1.672 Negotiable Certificate of Deposit
Biaya perolehan diamortisasi Amortized Costs
Obligasi Pemerintah 485.004 595.864 Government Bonds
Obligasi 11.180 14.327 Bonds
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 5.012 2.825 agreement to resell
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan lembaga keuangan lain and other financial instruments
Deposit Facility/Term Deposit 1.422.668 1.163.424 Deposit Facility/Term Deposit
Inter-bank call money 642.671 437.917 Inter-bank call money
Lain-lain 445.642 649.307 Others
294
Page 1269
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
32. PENDAPATAN BUNGA DAN SYARIAH (lanjutan) 32. INTEREST AND SHARIA INCOME (continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Pendapatan bunga diperoleh dari: Interest income are derived from:
(lanjutan) (continued)
Mata uang asing (lanjutan) Foreign currency (continued)
Efek-efek (lanjutan) Securities (continued)
Wesel Ekspor dan Tagihan Lainnya 1.190.824 550.235 Export Bills and Other Receivables
Giro pada Bank Indonesia 165 31 Current accounts with Bank Indonesia
Lain-lain 900.479 364.534 Others
15.096.269 12.983.591
Total Pendapatan Bunga 192.859.238 185.272.091 Total Interest Income
Pendapatan syariah diperoleh dari: Sharia income are derived from:
Rupiah Rupiah
Murabahah 10.531.460 10.588.412 Murabahah
Mudharabah 4.384.048 3.399.142 Mudharabah
Ujrah 8.622 6.607 Ujrah
Total Pendapatan Syariah 14.924.130 13.994.161 Total Sharia Income
Total 207.783.368 199.266.252 Total
33. BEBAN BUNGA DAN SYARIAH 33. INTEREST AND SHARIA EXPENSES
Akun ini merupakan beban bunga dan syariah atas: This account represents interest and sharia
expense on:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
Rupiah Rupiah
Deposito berjangka 23.927.210 25.784.223 Time Deposits
Giro 9.787.342 8.479.276 Demand Deposits
Pinjaman yang diterima 4.695.667 3.876.898 Fund borrowings
Tabungan 2.145.834 1.552.549 Saving Deposits
Efek yang dijual dengan Securities sold under
janji dibeli kembali 1.940.086 961.816 agreement to repurchase
Surat berharga yang diterbitkan 1.830.897 2.403.209 Marketable securities issued
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 434.369 155.344 and other financial institutions
Pinjaman Subordinasi 38.671 34.449 Subordinated loans
Lain-lain 3.410.582 3.563.448 Others
48.210.658 46.811.212
295
Page 1270
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
33. BEBAN BUNGA DAN SYARIAH (lanjutan) 33. INTEREST AND SHARIA EXPENSES (continued)
Akun ini merupakan beban bunga dan syariah atas This account represents interest and sharia
(lanjutan): expense on (continued):
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
Mata uang asing Foreign currency
Giro 3.617.029 3.299.186 Demand Deposits
Pinjaman yang diterima 1.833.887 1.734.720 Fund borrowings
Deposito berjangka 1.496.572 2.359.316 Time Deposits
Efek yang dijual dengan Securities sold under
janji dibeli kembali 199.991 442.447 agreement to repurchase
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 170.094 384.059 and other financial institutions
Surat berharga yang diterbitkan - 95.202 Marketable securities issued
Tabungan 11.301 9.743 Saving Deposits
Lain-lain 473.392 465.445 Others
7.802.266 8.790.118
Total beban bunga 56.012.924 55.601.330 Total interest expense
Beban syariah 1.272.015 1.006.265 Sharia expense
Total 57.284.939 56.607.595 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
34. BEBAN PENYISIHAN KERUGIAN PENURUNAN 34. PROVISION FOR IMPAIRMENT LOSSES ON
NILAI ATAS ASET KEUANGAN - NETO FINANCIAL ASSETS - NET
Akun ini merupakan beban/(pembalikan) penyisihan This account represents provision for/(reversal of)
kerugian penurunan nilai atas aset keuangan impairment losses on financial assets as follows:
sebagai berikut:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Kredit yang diberikan (Catatan 11d) 44.865.735 40.288.537 Loans (Note 11d)
Pinjaman Syariah (Catatan 12) 2.547.714 2.571.410 Sharia loans (Note 12)
Piutang sewa pembiayaan (Catatan 13c) 141.439 112.322 Finance Lease receivables (Note 13c)
Efek-efek (Catatan 7g) 47.904 (86.315) Securities (Note 7g)
Current accounts with
Giro pada Bank lain (Catatan 5c) 3.105 (1.677) Other Banks (Note 5c)
Penempatan pada Bank Indonesia Placement with Bank Indonesia and
dan lembaga keuangan lain (Catatan 6c) 1.763 (1.092) other financial institutions (Note 6c)
Tagihan Akseptasi (Catatan 14c) (289.456) 71.984 Acceptances Receivables (Note 14c)
Wesel Ekspor dan Tagihan Lainnya Export Bills and Other Receivables
(Catatan 8c) (608.464) (1.250.807) (Note 8c)
Lain-lain 13.907 40.040 Other
Total 46.723.647 41.744.402 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
296
Page 1271
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
35. BEBAN TENAGA KERJA DAN TUNJANGAN 35. SALARIES AND EMPLOYEE BENEFIT
Rincian akun ini adalah sebagai berikut: The details of this account are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
Gaji, upah dan tunjangan 24.485.530 22.585.592 Salaries, wages and allowances
Bonus, insentif dan tantiem 8.399.556 7.683.233 Bonuses, incentives and tantiem
Program bagi pekerja (Catatan 42) 4.083.959 3.277.767 Employees program (Note 42)
Iuran Jamsostek 1.076.715 1.050.039 Jamsostek contribution
Pendidikan dan pelatihan 995.991 1.038.807 Training and developments
Tunjangan kesehatan 515.805 727.446 Medical allowances
Biaya kompensasi saham 345.573 523.923 Stock compensation cost
Lain-lain 2.210.437 1.729.727 Others
Total 42.113.566 38.616.534 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
36. BEBAN UMUM DAN ADMINISTRASI 36. GENERAL AND ADMINISTRATIVE EXPENSES
Rincian akun ini adalah sebagai berikut: The details of this account are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
Barang dan jasa pihak ketiga 6.061.251 5.242.104 Third party goods and services
Penyusutan aset tetap dan aset hak guna Depreciation of premises and equipments
(Catatan 16) 5.869.384 5.843.344 (Note 16)
Jasa outsourcing 5.312.666 5.234.683 Outsourcing service
E-Channel 2.225.392 1.961.715 E-Channel
Perbaikan dan pemeliharaan 2.181.352 2.032.212 Repairs and maintenance
Sewa 1.759.217 1.139.636 Rent
Transportasi 1.561.082 1.549.674 Transportation
Jasa profesional 1.207.601 768.771 Professional fees
Listrik dan air 723.932 758.451 Electricity and water
Peralatan kantor 469.241 310.668 Office supplies
Penelitian dan pengembangan produk 443.050 196.236 Research and product development
Komunikasi 264.443 434.240 Communications
Percetakan dan benda pos 222.928 249.965 Printing and postage
Instalasi komputer 219.536 147.502 Computer installations
Lain-lain 5.254.974 3.419.255 Others
Total 33.776.049 29.288.456 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
297
Page 1272
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. BEBAN NON OPERASIONAL - NETO 37. NON OPERATING EXPENSES - NET
Rincian akun ini adalah sebagai berikut: The details of this account are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Keuntungan penjualan aset tetap 8.020 87.922 Gain on sale of premises and equipments
Sumbangan (565) (888) Donation
Corporate Social Responsibility (41.738) (41.729) Corporate Social Responsibility
Tanggung Jawab Sosial dan Lingkungan Non-PUMK Social and Environmental
Non PUMK (249.476) (343.079) Responsibility
Lain-lain - neto (171.303) (665.879) Others - net
Total (455.062) (963.653) Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
38. PERPAJAKAN 38. TAXATION
a) Utang Pajak a) Taxes Payable
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, the details
2024, rincian utang pajak adalah sebagai of taxes payable are as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
BRI (entitas induk) BRI (parent entity)
Pajak Penghasilan Income tax
Pasal 25 485.627 1.341.508 Article 25
Pasal 29 1.222.206 14.611 Article 29
1.707.833 1.356.119
Entitas anak Subsidiaries
Pajak Penghasilan 1.461.099 682.774 Income tax
Pajak Pertambahan Nilai 130.378 111.594 Value-added tax
1.591.477 794.368
Total 3.299.310 2.150.487 Total
298
Page 1273
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN (lanjutan) 38. TAXATION (continued)
b) Beban Pajak b) Tax Expense
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
BRI (entitas induk) BRI (parent entity)
Beban pajak kini dari: Current tax expense of:
Tahun berjalan 7.326.160 12.353.975 Current year
Beban pajak Deferred income tax
penghasilan tangguhan 4.471.204 1.914.848 expense
11.797.364 14.268.823
Entitas anak Subsidiaries
Beban pajak kini dari: Current tax expense of:
Tahun berjalan 3.811.360 2.085.977 Current year
Beban (manfaat) pajak penghasilan Deferred income tax
tangguhan 51.730 591.048 expense (benefit)
3.863.090 2.677.025
Total 15.660.454 16.945.848 Total
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
Rekonsiliasi antara laba sebelum beban pajak The reconciliation between income before tax
seperti yang disajikan dalam laporan laba rugi expense as presented in the consolidated
dan penghasilan komprehensif lain statement of profit or loss and other
konsolidasian dengan taksiran penghasilan comprehensive income and estimated taxable
kena pajak adalah sebagai berikut: income are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Laba sebelum beban pajak sesuai Income before tax expense as
dengan laporan laba rugi dan presented in the consolidated
penghasilan komprehensif lain statement profit or loss and other
konsolidasian 72.792.819 77.252.194 comprehensive income
Bagian laba entitas anak (10.591.529) (8.141.903) Income of subsidiaries
299
Page 1274
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN (lanjutan) 38. TAXATION (continued)
b) Beban Pajak (lanjutan) b) Tax Expense (continued)
Rekonsiliasi antara laba sebelum beban pajak The reconciliation between income before tax
seperti yang disajikan dalam laporan laba rugi expense as presented in the consolidated
dan penghasilan komprehensif lain statement of profit or loss and other
konsolidasian dengan taksiran penghasilan comprehensive income and estimated taxable
kena pajak adalah sebagai berikut (lanjutan): income are as follows (continued):
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
Laba sebelum beban pajak BRI Income before tax expense
(entitas induk) 62.201.290 69.110.291 of BRI (parent entity)
Perbedaan temporer: Temporary differences:
Benefit pekerja berbasis saham (190.395) 423.183 Share-based employee benefits
Kerugian yang belum direalisasi dari Unrealized losses of securities
nilai efek-efek yang diukur pada measured at fair value
nilai wajar melalui laporan laba rugi 7.493 (36.023) through profit or loss
Pembentukan penyisihan
beban pekerja 2.862.763 (395.584) Provision for employee expense
Penyusutan aset tetap (510.739) (751.047) Depreciation of premises and equipment
Cadangan estimasi kerugian Provision for estimated losses on
komitmen dan kontinjensi (605.138) (3.566.498) commitments and contingencies
Allowance for impairment losses
Cadangan kerugian aset produktif (25.096.637) (5.752.181) on productive assets
(23.532.653) (10.078.150)
Perbedaan permanen: Permanent differences:
Promosi 1.712.593 2.263.796 Promotions
Humas 457.619 489.461 Public relations
Representasi dan sumbangan 179.154 172.749 Representations and donations
Perjalanan dan Santunan 51.404 58.851 Travel and compensation
Laba dari Unit Kerja Luar Negeri (970.053) (621.322) Income from overseas branch offices
Bagian laba entitas asosiasi (1.221.109) (1.098.237) Income of associates
Pendapatan yang merupakan Income that is not an object
bukan objek pajak (1.966.877) (1.658.912) of income tax
Lain-lain 1.646.367 6.382.391 Others
(109.902) 5.988.777
Taksiran penghasilan
kena pajak 38.558.735 65.020.918 Estimated taxable income
Entitas induk Parent entity
Beban pajak-kini (7.326.160) (12.353.975) Income tax expense - current
Pembayaran angsuran
pajak penghasilan selama Payment of income tax installments
tahun berjalan 6.103.954 12.339.364 during current year
Estimasi utang pajak Estimated income tax
penghasilan Pasal 29 - Neto (1.222.206) (14.611) payable Article 29 - Net
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
300
Page 1275
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN (lanjutan) 38. TAXATION (continued)
b) Beban Pajak (lanjutan) b) Tax Expense (continued)
Rekonsiliasi antara laba sebelum beban pajak The reconciliation between income before tax
seperti yang disajikan dalam laporan laba rugi expense as presented in the consolidated
dan penghasilan komprehensif lain statement of profit or loss and other
konsolidasian dengan taksiran penghasilan comprehensive income and estimated taxable
kena pajak adalah sebagai berikut (lanjutan): income are as follows (continued):
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Entitas anak Subsidiaries
Beban pajak-kini (3.811.361) (2.085.977) Income tax expense - current
Pembayaran angsuran
pajak penghasilan selama Payment of income tax installments
tahun berjalan 2.336.874 1.647.916 during current year
Estimasi utang pajak Estimated income tax
penghasilan - Pasal 29 - neto (1.474.487) (438.061) payable - Article 29 - net
Perhitungan Pajak Penghasilan Badan untuk The calculation of Corporate Income Tax For
Tahun yang Berakhir pada tanggal the Year Ended December 31, 2025 as stated
31 Desember 2025 adalah sebagaimana above will be reported by BRI in the 2025
disebutkan di atas akan dilaporkan oleh BRI Annual Corporate Income Tax Return to the tax
dalam Surat Pemberitahuan Tahunan Pajak office.
Penghasilan (SPT PPh Badan) tahun 2025 ke
kantor pajak.
Perhitungan Pajak Penghasilan Badan untuk The calculation of Corporate Income Tax for the
tahun yang berakhir pada tanggal year ended December 31, 2024 is in
31 Desember 2024 adalah sesuai dengan SPT accordance with the Company’s Annual Tax
Tahunan Perusahaan. Return.
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
Laba sebelum beban pajak sesuai Income before tax expense as
dengan laporan laba rugi presented in the consolidated
dan penghasilan komprehensif statement of profit or loss and other
lain konsolidasian 72.792.819 77.252.194 comprehensive income
Beban pajak dengan tarif Tax expense with applicable
pajak yang berlaku 14.950.790 15.611.441 tax rates
Pendapatan yang tidak dapat Income that cannot be
dikurangkan untuk tujuan perpajakan deductible for tax purposes
BRI (20.881) 1.137.868 BRI
Entitas anak 730.545 196.539 Subsidiaries
15.660.454 16.945.848
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
301
Page 1276
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN (lanjutan) 38. TAXATION (continued)
c) Aset Pajak Tangguhan c) Deferred Tax Assets
Pengaruh pajak atas perbedaan temporer yang The tax effects of significant temporary
signifikan antara pelaporan komersial dan pajak differences between commercial and tax
(dicatat pada akun “aset pajak tangguhan”) reporting (recorded under “Deferred Tax Assets”
adalah sebagai berikut: account) are as follows:
31 Desember 2025/December 31, 2025
(dikreditkan)
ke laba rugi/ Dibebankan
Saldo awal/ Credited/ ke ekuitas/
Beginning (charged) Charged Saldo akhir/
balance to profit or loss to equity Ending balance
Entitas Induk Parent Entity
Cadangan kerugian aset Allowance for impairment losses on
keuangan 5.795.256 (4.768.363) - 1.026.893 financial assets
Penyisihan beban pekerja 3.030.526 543.925 - 3.574.451 Provision for employee expense
Cadangan estimasi kerugian Allowance for estimated losses on
komitmen dan kontinjensi 484.574 (114.976) - 369.598 commitments and contingencies
Kerugian yang belum direalisasi
dari efek-efek yang diukur Unrealized losses of securities
pada nilai wajar melalui measured fair value through
penghasilan komprehensif lain 636.757 - (684.199) (47.442) other comprehensive income
Pengukuran kembali program Remeasurement of liabilities for
imbalan pasti 51.617 - 343.877 395.494 employee benefits
Imbalan pekerja berbasis saham 145.433 (36.175) - 109.258 Share-based employee benefits
Keuntungan yang belum
direalisasi dari nilai efek-efek Unrealized gain of securities
yang diukur pada nilai measured fair value through
wajar melalui laba rugi (23.784) 1.425 - (22.359) profit or loss
Penyusutan aset tetap (241.892) (97.040) - (338.932) Depreciation of premises and equipment
Aset pajak tangguhan neto -
entitas induk 9.878.487 (4.471.204) (340.322) 5.066.961 Net deferred tax asset - parent entity
Aset pajak tangguhan neto -
entitas anak 2.922.173 3.062.561 Net deferred tax asset - subsidiaries
Total aset pajak tangguhan Total deferred tax asset
konsolidasian - neto 12.800.660 8.129.522 consolidated - net
31 Desember 2024/December 31, 2024*)
Dikreditkan/
(dibebankan)
ke laba rugi/ Dibebankan
Saldo awal/ Credited/ ke ekuitas/
Beginning (charged) Charged Saldo akhir/
balance to profit or loss to equity Ending balance
Entitas Induk Parent Entity
Cadangan kerugian aset Allowance for impairment losses on
keuangan 6.888.170 (1.092.914) - 5.795.256 financial assets
Penyisihan beban pekerja 3.105.687 (75.161) - 3.030.526 Provision for employee expense
Cadangan estimasi kerugian Allowance for estimated losses on
komitmen dan kontinjensi 1.162.209 (677.635) - 484.574 commitments and contingencies
Kerugian yang belum direalisasi
dari efek-efek yang diukur Unrealized losses of securities
pada nilai wajar melalui measured fair value through
penghasilan komprehensif lain 577.213 - 59.544 636.757 other comprehensive income
Pengukuran kembali program Remeasurement of liabilities for
imbalan pasti 457.786 - (406.169) 51.617 employee benefits
Imbalan pekerja berbasis saham 65.028 80.405 - 145.433 Share-based employee benefits
Keuntungan yang belum
direalisasi dari nilai efek-efek Unrealized gain of securities
yang diukur pada nilai measured fair value through
wajar melalui laba rugi (16.940) (6.844) - (23.784) profit or loss
Penyusutan aset tetap (99.193) (142.699) - (241.892) Depreciation of premises and equipment
Aset pajak tangguhan neto -
entitas induk 12.139.960 (1.914.848) (346.625) 9.878.487 Net deferred tax asset - parent entity
Aset pajak tangguhan neto -
entitas anak 3.306.017 2.922.173 Net deferred tax asset - subsidiaries
Total aset pajak tangguhan Total deferred tax asset
konsolidasian - neto 15.445.977 12.800.660 consolidated - net
*) Setelah reklasifikasi dan penyajian kembali (Catatan 52) *) After reclassification and restatement (Note 52)
302
Page 1277
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN (lanjutan) 38. TAXATION (continued)
c) Aset Pajak Tangguhan (lanjutan) c) Deferred Tax Assets (continued)
Manajemen BRI berkeyakinan bahwa aset BRI's management believes that the deferred tax
pajak tangguhan dapat dipulihkan kembali assets can be recovered through taxable income
melalui penghasilan kena pajak di masa yang in the future.
akan datang.
Pada tanggal 30 Juni 2020, Pemerintah On June 30, 2020, the Government issued
menerbitkan Peraturan Pemerintah Pengganti Government Regulation in Lieu of Law (PERPU)
Undang-Undang (Perpu) Republik Indonesia of the Republic of Indonesia No. 1 year 2020
No. 1 Tahun 2020 yang telah menjadi Undang- which has become Law (UU) No. 2 year 2020, as
Undang (UU) No. 2 Tahun 2020, serta well as stipulating Government Regulation (PP)
menetapkan Peraturan Pemerintah (PP) No. 30 No. 30 year 2020 regarding Reduction Income
Tahun 2020 tentang Penurunan Tarif Pajak Tax Rates for Domestic Corporate Taxpayers in
Penghasilan bagi Wajib Pajak Badan Dalam the Form of Public Companies and effective from
Negeri Yang Berbentuk Perseroan Terbuka dan the date of promulgation on June 19, 2020.
berlaku sejak tanggal diundangkan, yaitu pada Furthermore, on October 29, 2021, the
19 Juni 2020. Selanjutnya pada tanggal Government issued the Law of the Republic of
29 Oktober 2021, Pemerintah menerbitkan Indonesia No. 7 year 2021 regarding
Undang-Undang Republik Indonesia No. 7 harmonization of tax regulations (UU HPP). The
Tahun 2021 tentang Harmonisasi Peraturan regulation has stipulated reduction in income tax
Perpajakan (UU HPP). Adapun aturan tersebut rates for domestic corporate taxpayers and
telah menetapkan antara lain, penurunan tarif permanent establishments from 25% to 22% for
pajak penghasilan wajib pajak badan dalam fiscal year 2020, 2021, 2022 onwards and a
negeri dan bentuk usaha tetap dari semula 25% further reduction of the tax rate by 3% for
menjadi 22% untuk tahun pajak 2020, 2021, corporate income taxpayers that fulfill certain
2022, dan tahun selanjutnya, serta criteria.
pengurangan lebih lanjut tarif pajak sebesar 3%
untuk wajib pajak dalam negeri yang memenuhi
persyaratan tertentu.
Untuk tahun yang berakhir pada tanggal For the year ended December 31, 2025 and
31 Desember 2025 dan 2024, berdasarkan 2024, based on the certificate from Datindo
surat keterangan dari Datindo Entrycom Entrycom No. DE/I/2026-0209 dated January 6,
No. DE/I/2026-0209 tanggal 6 Januari 2026 dan 2026 and No. DE/I/2025-0193 dated January 6,
No. DE/I/2025-0193 tanggal 6 Januari 2025 2025, regarding the ownership of BRI shares and
yang berkaitan dengan kepemilikan saham the monthly share ownership report from the
BRI dan laporan bulanan kepemilikan saham Securities Administration Bureau, all the specific
dari Biro Administrasi Efek, semua persyaratan requirements mentioned above to obtain the
tertentu di atas untuk memperoleh fasilitas corporate tax rate reduction Facility have been
penurunan tarif pajak tersebut telah terpenuhi. fulfilled.
303
Page 1278
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN (lanjutan) 38. TAXATION (continued)
c) Aset Pajak Tangguhan (lanjutan) c) Deferred Tax Assets (continued)
Pada tanggal 20 Desember 2022 Pemerintah On December 20, 2022, the Government issued
menerbitkan Peraturan Pemerintah (PP) Nomor Government Regulation (PP) No. 55 Year 2022
55 Tahun 2022 tentang Penyesuaian concerning Adjustments to Regulations in the
Pengaturan di Bidang Pajak Penghasilan, Income Tax Sector, then on December 29, 2023,
selanjutnya pada tanggal 29 Desember 2023 the Government issued Minister of Finance
Pemerintah mengeluarkan Peraturan Menteri Regulation (PMK) Number 168 Year 2023
Keuangan (PMK) Nomor 168 Tahun 2023 concerning Guidelines for the Implementation of
tentang Petunjuk Pelaksanaan Pemotongan Income Tax Withholding related to the Work,
Pajak atas Penghasilan Sehubungan dengan Services or Activities of Individual Taxpayers and
Pekerjaan, Jasa, atau Kegiatan Orang Pribadi on July 8, 2024, the Government issued an
dan pada tanggal 8 Juli 2024, Pemerintah Affirmation Letter No. ND-14/PJ/PJ.02/2024
menerbitkan Surat Penegasan No. ND- which regulated the Affirmation of the
14/PJ/PJ.02/2024 yang mengatur mengenai Implementation Minister of Finance Regulation
Penegasan Pelaksanaan Peraturan Menteri (PMK) No. 66 Year 2023 concerning Income Tax
Keuangan (PMK) Nomor 66 Tahun 2023 Treatment of Reimbursement or Benefits in
tentang Perlakuan Pajak Penghasilan atas connection with Work or Services Received or
Penggantian atau Imbalan Sehubungan Obtained in the Form of Benefit in Kind and/or
dengan Pekerjaan atau Jasa yang Diterima Enjoyment.
atau Diperoleh dalam Bentuk Natura dan/atau
Kenikmatan.
Pada 10 Oktober 2024, Pemerintah On October 10, 2024, the Government issued
menerbitkan Peraturan Menteri Keuangan Minister of Finance Regulation (PMK) Number 74
Nomor 74 Tahun 2024 tentang Pembentukan Year 2024 concerning Establishment of
Cadangan Piutang Tak Tertagih yang Boleh Allowance for Doubtful Accounts that can be
Dikurangkan dari Penghasilan Bruto. Sesuai Deducted from Gross Income. Based on the
dengan ketentuan peralihan dalam Peraturan transitional provisions in the Regulation of the
Menteri Keuangan Republik Indonesia Nomor Minister of Finance of the Republic of Indonesia
74 Tahun 2024, BRI telah melaksanakan No. 74 Year 2024, BRI has calculated the
perhitungan nilai tercatat cadangan piutang tak carrying value of the allowance for doubtful
tertagih untuk awal tahun fiskal 2024 dan selisih accounts for the beginning of the fiscal year
lebih diakui sebagai biaya yang dibebankan 2024, and the excess will be recognized as an
seluruhnya pada akhir tahun fiskal 2025. expense fully charged at the end of fiscal year
2025.
Manajemen Bank berkeyakinan bahwa tidak Management believes that there is no need to
diperlukan adanya pembentukan cadangan establish a tax allowance for the fiscal year which
pajak untuk tahun pajak yang belum diperiksa has not been audited by the Directorate General
oleh Direktorat Jenderal Pajak. of Tax.
304
Page 1279
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN (lanjutan) 38. TAXATION (continued)
Pajak Penghasilan Pilar Dua Pillar Two Income Taxes
Pada tanggal 31 Desember 2024, Pemerintah On December 31, 2024, the Government of
Indonesia telah menerbitkan undang-undang Pajak Indonesia has issued the Pillar Two income taxes
Penghasilan Pilar Dua sesuai dengan Peraturan legislation with Ministry of Finance Regulation No.
Menteri Keuangan No. 136 Tahun 2024 ("PMK 136 Year 2024 ("PMK 136/2024") in regards to Global
136/2024") sehubungan dengan Pengenaan Pajak Anti-Base Erosion Rules ("GloBE"), which will come
Minimum Global ("GloBE"), yang akan mulai berlaku into effect starting January 1, 2025.
pada tanggal 1 Januari 2025.
Aturan Pengenaan Pajak Minimum Global ini These GloBE rules introduce new taxing mechanisms
memperkenalkan mekanisme perpajakan baru under which a multinational enterprise would pay a
dimana perusahaan multinasional akan membayar top-up tax in a jurisdiction whenever the ETR,
pajak tambahan di suatu yurisdiksi setiap kali ETR, determined on a jurisdictional basis under the Pillar
yang ditentukan berdasarkan yurisdiksi di bawah Two rules, is below a 15% minimum rate.
aturan Pilar Dua, berada di bawah tarif minimum
15%.
BRI dan entitas anak berada dalam lingkup model BRI and subsidiaries are within the scope of the Pillar
Pilar Dua sebagaimana diatur dalam PMK 136/2024. Two model as stipulated in PMK 136/2024. PMK
PMK 136/2024 dihitung untuk tahun fiskal yang 136/2024 is calculated for the fiscal year ending
berakhir pada tanggal 31 Desember 2025. Grup December 31, 2025. Group has performed an
telah melakukan penilaian terhadap potensi assessment of the Group’s potential exposure to
eksposur Grup terhadap pajak penghasilan Pilar Pillar Two income taxes.
Dua.
Berdasarkan penilaian tersebut, Grup telah Based on the assessment, The Group has performed
melakukan penilaian atas Safe Harbour untuk a Safe Harbour assessment across all jurisdictions in
seluruh yurisdiksi dimana Grup beroperasi. which it operates. Based on this assessment, 4 (four)
Berdasarkan penilaian Grup, terdapat 4 (empat) dari out of 7 (seven) jurisdictions met the Safe Harbour
7 (tujuh) yurisdiksi dapat menerapkan ketentuan criteria. As a result, the Pillar Two top-up tax impact
Safe Harbour. Sehingga dampak pajak top-up Pilar is considered nil for these 4 (four) jurisdictions. In the
Dua adalah nihil untuk 4 (empat) yurisdiksi tersebut. 3 (three) jurisdictions where the Group operates that
Untuk 3 (tiga) yurisdiksi dimana Grup beroperasi have not met the Safe Harbour assessment, following
yang tidak dapat menerapkan ketentuan Safe the GloBE Model Rules full calculation, the effective
Harbour, setelah dilakukan perhitungan menyeluruh tax rate in these jurisdictions is estimated to be below
berdasarkan GloBE Model Rules, tarif pajak efektif 15%, the recognition of a supplemental current tax
di 3 (tiga) yurisdiksi tersebut diestimasikan berada expense was immaterial to the consolidated financial
dibawah 15%, namun beban pajak penghasilan kini statements of the Group as of December 31, 2025
tambahan tidak material terhadap laporan keuangan and for year then ended.
konsolidasian Grup tanggal 31 Desember 2025 dan
untuk tahun yang berakhir pada tanggal tersebut.
305
Page 1280
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO 39. RISK MANAGEMENT
Kegiatan usaha BRI senantiasa dihadapkan pada BRI's business activities are always faced with risks
risiko-risiko yang berkaitan dengan fungsinya related to its function as a financial intermediary
sebagai lembaga intermediasi keuangan. institution. Rapid development in the external and
Perkembangan yang pesat pada lingkungan internal environments of banks also leads to
eksternal dan internal perbankan juga increasingly complex business risks. Therefore, in
menyebabkan risiko kegiatan usaha bank semakin order to be able to adapt in the business environment,
kompleks. Oleh karena itu, agar mampu beradaptasi BRI is required to manage risks in an integrated and
dalam lingkungan bisnis, BRI dituntut untuk systematic way, namely management of credit risk,
mengelola risiko secara terpadu dan sistematis, liquidity risk, operational risk, market risk, strategic
yakni pengelolaan terhadap risiko kredit, risiko risk, compliance risk, reputation risk, and legal risk.
likuiditas, risiko operasional, risiko pasar, risiko
strategis, risiko kepatuhan, risiko reputasi dan risiko
hukum.
Prinsip-prinsip pengelolaan risiko terpadu dan The principles of integrated and systematic risk
sistematis oleh BRI dituangkan dalam beberapa management by BRI are embedded into several
kebijakan dan prosedur, antara lain Kebijakan policies and procedures, which is the Risk
Manajemen Risiko (KMR). KMR sebagai aturan Management General Policy (KMR). KMR serves as
tertinggi dalam implementasi manajemen risiko the highest guiding policy for the implementation of
pada seluruh kegiatan bisnis BRI, dimulai dari risk management procedures in all BRI business
kebijakan umum, strategi, organisasi, sistem operations, starting from general policies, strategies,
informasi manajemen risiko, proses dan organization, risk management in information system,
penerapan manajemen risiko, sampai dengan process and the implementation of risk management
sistem pengendalian internal. Pelaksanaan to internal control system. The implementation of risk
penerapan manajemen risiko diatur dalam management differs according to the type of risks
kebijakan-kebijakan turunan sesuai dengan jenis involved and is governed by policies which can be
risikonya. derived from other policies.
Dewan Komisaris dan Direksi bertanggung jawab Board of Commissioners (BOC) and Directors
atas efektivitas penerapan manajemen risiko di BRI are responsible for the effectiveness of risk
dan memegang peranan penting dalam mendukung management at BRI and have an important role in
dan mengawasi keberhasilan penerapannya di supporting and overseeing the implementation of risk
seluruh unit kerja. management in all business units.
Dewan Komisaris melakukan evaluasi terhadap BOC evaluates the risk management policies and
kebijakan dan implementasi manajemen risiko yang implementation carried out by the Directors. The
dilakukan oleh Direksi. Evaluasi dilakukan dalam evaluation is carried out in order to ensure that
rangka memastikan bahwa Direksi mengelola Directors manages BRI’s activities and risk
aktivitas dan risiko-risiko BRI secara efektif. Dalam effectively. In carrying out its active supervision, BOC
melakukan pengawasan aktif terhadap manajemen is assisted by the Risk Management Oversight
risiko BRI, Dewan Komisaris dibantu oleh Komite Committee (KPMR).
Pengawasan Manajemen Risiko (KPMR).
Direksi menentukan arah kebijakan dan strategi Directors sets the strategy, direction and
manajemen risiko secara komprehensif beserta implementation of risk management policy.
implementasinya. Selain itu, Direksi memastikan Moreover, Directors has the responsibility to ensure
seluruh risiko yang material dan dampaknya telah that all material risks and their impacts have been
ditindaklanjuti, serta memastikan pelaksanaan addressed, and that corrective measures have been
langkah-langkah perbaikan atas permasalahan atau taken to remedy the problems and irregularities found
penyimpangan dalam kegiatan usaha BRI. Direksi in BRI’s business activities. Directors appoints
menunjuk Direktur khusus, dalam hal ini Direktur Director of Risk Management to implement the
Manajemen Risiko, untuk menjalankan proses process of monitoring and controlling the risks bank-
pengawasan dan pengendalian risiko secara bank- wide.
wide.
306
Page 1281
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Direksi BRI dibantu oleh Risk Management Directors are assisted by individual Risk
Committee (RMC) individual dan RMC terintegrasi Management Committee (RMC) and integrated RMC
(konsolidasi dengan entitas anak) sebagai komite (consolidated with the subsidiaries) as the committee
dalam sistem manajemen risiko BRI yang bertugas in BRI’s risk management system which are assigned
memberikan rekomendasi kepada Direktur Utama to provide recommendations to the President Director
dalam merumuskan kebijakan, menyempurnakan in formulating policies, enhancing policy
pelaksanaan kebijakan, mengevaluasi implementation, and evaluating the development and
perkembangan dan kondisi profil risiko serta conditions of risk profiles as well as providing advice
memberikan saran-saran dan langkah-langkah for corrective actions.
perbaikan.
Manajemen Risiko Kredit Credit Risk Management
Risiko kredit adalah risiko akibat kegagalan debitur Credit risk is the risk due to failure of the debtor and/or
dan/atau pihak lain dalam memenuhi kewajiban other parties to fulfill obligations to BRI, including
kepada BRI termasuk kegagalan settlement. BRI settlement failure. BRI identifies and measures the
melakukan identifikasi dan mengukur tingkat risiko risk level of potential borrowers through the
calon debitur melalui pengembangan Internal Risk development of an Internal Risk Rating. BRI monitors
Rating. BRI memantau kualitas kredit sebagai credit quality as part of early identification of credit
bagian dari identifikasi dini dari pemburukan kredit. deterioration. Management Credit risk is carried out
Pengelolaan risiko kredit dilakukan melalui through comprehensive and integrated risk
kebijakan pengelolaan risiko secara komprehensif management policies. BRI formulates credit Risk
dan terintegrasi. BRI menyusun kebijakan Management policies including governance, limit
manajemen risiko kredit diantaranya tata kelola, management on acceptable risk exposure limits, limit
pengelolaan limit pada batasan eksposur risiko yang management on geographic boundaries, and
dapat diterima, pengelolaan limit pada batasan concentration limit management per industry. Credit
geografis, dan pengelolaan limit konsentrasi per risk ratings are updated regularly periodically to
industri. Rating risiko kredit diperbarui secara estimate potential loss as a risk due to credit
berkala untuk memperkirakan potential loss sebagai expansion and determine follow-up improvements.
risiko akibat ekspansi kredit dan penentuan tindak
lanjut perbaikan.
Penerapan manajemen risiko kredit selain bertujuan The application of credit risk management, in addition
untuk mematuhi regulasi yang berlaku, juga to aiming to comply with applicable regulations, is
merupakan suatu keharusan dalam rangka also a must in the framework of implementing a credit
menerapkan sistem pengelolaan risiko kredit pada risk management system at an optimum level of risk
tingkat risk and return yang optimum dan sesuai and return and in accordance with banking practices.
dengan praktik di perbankan. Penerapan The implementation of credit risk management is
manajemen risiko kredit diharapkan mampu expected to be able to encourage BRI's business
mendorong kegiatan bisnis BRI namun tetap activities while still paying attention to the principle of
menperhatikan prinsip kehati-hatian. precaution.
Melalui penerapan Early Warning System (EWS) Through the implementation of Early Warning System
terhadap perkembangan kondisi usaha debitur, (EWS) to the debtor’s developments of the debtor's
maka pengelolaan risiko kredit yang efektif dapat business condition, the effective credit risk
meminimalkan risiko terjadinya kerugian dan management can minimize the risk of losses and
mengoptimalkan penggunaan modal untuk optimize the use of capital to earn maximum income.
memperoleh pendapatan yang maksimal.
307
Page 1282
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
Pengelolaan risiko kredit BRI dimaksudkan agar BRI’s credit risk management is intended to minimize
kemungkinan kerugian yang diakibatkan oleh tidak the possible losses due to loans default and/or default
terbayarnya pinjaman yang diberikan dan kontrak on other financial contracts, either at the individual
keuangan lainnya, baik secara tingkat individual level or overall level as credit portfolios. The credit
maupun portofolio kredit secara keseluruhan dapat risk management is also carried out by BRI as an
dikelola seminimal mungkin. Pengelolaan risiko effort to fulfill the regulatory requirements.
kredit ini juga dilakukan BRI dalam upaya memenuhi
persyaratan-persyaratan yang telah ditetapkan oleh
regulator.
BRI senantiasa melakukan penyempurnaan BRI continues to improve its credit risk assessment
metodologi penilaian risiko kredit dalam rangka methodology in order to improve the accuracy of
meningkatkan akurasi dalam pengelolaan risiko credit risk management, especially in the process of
kredit khususnya dalam proses identifikasi, identifying, measuring, monitoring and controlling
pengukuran, pemantauan dan pengendalian risiko. risks.
1. Analisa eksposur maksimum terhadap risiko 1. Analysis of the maximum exposure to credit risks
kredit setelah memperhitungkan dampak after considering the value of collaterals and
agunan dan mitigasi risiko kredit lainnya other mitigations of credit risks
Nilai tercatat dari aset keuangan bank selain The carrying value of BRI’s financial assets,
kredit yang diberikan dan efek-efek yang dibeli other than loans and securities purchased under
dengan janji dijual kembali, menggambarkan agreement to resell, depicts the maximum
eksposur maksimum atas risiko kredit. amount of exposure to credit risk.
Tabel di bawah ini menunjukkan net maximum The tables below show the net maximum
exposure atas risiko kredit untuk efek-efek exposure to credit risk for securities purchased
yang dibeli dengan janji dijual kembali pada under the under agreement to resell as of
tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and December 31, 2024:
31 Desember 2024:
31 Desember 2025/December 31, 2025
Eksposur
Maksimum/ Eksposur
Maximum Agunan/ Net/ Net
Exposure Collateral Exposure
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 24.452 25.000 548 agreement to resell
31 Desember 2024/December 31, 2024
Eksposur
Maksimum/ Eksposur
Maximum Agunan/ Net/ Net
Exposure Collateral Exposure
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 16.845.690 17.464.956 619.266 agreement to resell
308
Page 1283
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
1. Analisa eksposur maksimum terhadap risiko 1. Analysis of the maximum exposure to credit risks
kredit setelah memperhitungkan dampak after considering the value of collaterals and
agunan dan mitigasi risiko kredit lainnya other mitigations of credit risks (continued)
(lanjutan)
Untuk kredit yang diberikan, BRI menggunakan BRI uses collaterals to minimize the credit risks
agunan untuk meminimalkan risiko kredit. of credits issued. BRI credits or loans can be
Berdasarkan klasifikasi, kredit BRI dapat classified into 2 (two) major categories:
dibedakan menjadi dua kelompok besar, yaitu:
1. Secured loans 1. Secured loans
2. Unsecured loans 2. Unsecured loans
Untuk secured loans, BRI menetapkan jenis For secured loans, BRI sets the type and
dan nilai agunan yang dijaminkan sesuai skema collateral value guaranteed according to the
kredit. Jenis dari agunan terdiri dari: credit scheme. The types of collateral consist of:
a. Physical collateral, berupa tanah dan a. Physical collateral, in the form of land and
bangunan, Buku Pemilik Kendaraan buildings, Certificate of Vehicles Ownership
Bermotor (BPKB) dan properti. (BPKB) and properties.
b. Financial collateral, berupa simpanan b. Financial collateral, in the form of deposits
(tabungan, giro, deposito), surat berharga, (time deposits, saving deposits and current
dan emas. accounts), securities and gold.
c. Lainnya berupa garansi, jaminan c. Others, in the form of guarantees,
pemerintah dan lembaga penjamin. government guarantees and guarantor
institutions.
Apabila terjadi default (gagal bayar), BRI akan In the event of default, however, BRI uses
menggunakan agunan tersebut sebagai pilihan collaterals as the last resort to fulfill
terakhir untuk pemenuhan kewajiban counterparty’s credit obligations.
counterparty.
Unsecured loans terdiri dari fully unsecured Unsecured loans are comprised of fully
loans, seperti kartu kredit, pembiayaan Mekaar unsecured loans, such as credit cards and
dan partially secured loans seperti kredit untuk Mekaar financing and partially secured loans,
golongan berpenghasilan tetap, kredit untuk such as loans for fixed income employees, loans
para pensiunan dan kredit konsumer lainnya. for retirees, and other consumer loans. The
Dalam pembayaran kewajibannya, partially repayment of partially secured loans is generally
secured loans umumnya dilakukan melalui made through automatic payroll deduction.
pemotongan penghasilan secara otomatis.
Dengan demikian, meskipun kredit tersebut Thus, although partially secured loans are
termasuk dalam kategori unsecured loans, considered to be unsecured loans, their risk level
tingkat risiko dari partially secured loans tidak is lower than their carrying value whereas the
sebesar nilai tercatat kredit. Sedangkan untuk risk level of fully unsecured loan is equal to their
fully unsecured loans, tingkat risiko adalah carrying value.
sebesar nilai tercatat kredit.
Mitigasi risiko kredit untuk partially secured Credit risk mitigation for partially secured loans
loans terdiri dari surat keputusan pengangkatan consist of employee appointment decision letter
pekerja dan surat keterangan pensiun. and certificate of retirement.
309
Page 1284
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
2. Analisa konsentrasi risiko 2. Risk Concentration Analysis
a. Sektor geografis a. Geographical Sectors
Tabel berikut menggambarkan rincian Tables below details the credit risk exposure
konsentrasi risiko aset keuangan of consolidated BRI’s financial assets at
konsolidasian dengan eksposur kredit pada carrying value, categorized according to
nilai tercatat yang dikategorikan berdasarkan their geographical regions as of December
wilayah geografis pada tanggal-tanggal 31, 2025 and 2024. Geographical area
31 Desember 2025 dan 2024. Kategori category based on the operational location
wilayah geografis berdasarkan tempat of BRI’s business which also describes the
beroperasinya bisnis BRI yang sekaligus business potential of each area:
menggambarkan potensial bisnis wilayah
masing-masing:
31 Desember 2025/December 31, 2025
Indonesia
Jawa Tengah Tengah
dan DIY/ dan Timur/
Jakarta/ Jawa Barat/ Central Java Jawa Timur/ Sumatera/ Central and Lainnya/ Jumlah/
Jakarta West Java and DIY East Java Sumatera East Indonesia Others Total
Aset/Assets
Giro pada Bank Indonesia/
Current Account
With Bank Indonesia 31.900.945 3.105 644 8.826 3.272 12.816 - 31.929.608
Giro pada Bank lain/
Current Account
with Other Banks 31.224.656 12.344 7.652 12.957 15.321 29.266 11.142.385 42.444.581
Penempatan pada Bank Indonesia
dan lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institution 13.199.313 36.342 4.750 5.500 22.650 25.950 7.762.705 21.057.210
Efek-efek/Securities
Nilai wajar melalui laba rugi/
Fair Value
Through Profit or Loss 24.963.703 - - - - - - 24.963.703
Nilai wajar melalui penghasilan
komprehensif lain/
Fair Value Through Other
Comprehensive Income 162.832.527 - - - - - 3.220.306 166.052.833
Biaya perolehan di amortisasi/
Amortized cost 150.800.149 - - - - - 30.916.117 181.716.266
Wesel ekspor dan tagihan lainnya/
Export Bills and
Other Receivables 38.073.071 330.909 313.828 3.557.006 4.297.472 1.679.797 - 48.252.083
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 24.452 - - - - - - 24.452
Tagihan derivatif/
Derivative receivables 1.167.029 - - - - - - 1.167.029
Kredit yang diberikan/Loans
Mikro/Micro 53.494.395 52.809.158 89.529.590 82.996.689 122.923.419 184.207.336 - 585.960.587
Ritel/Retail 126.494.115 34.262.380 55.143.235 71.593.716 99.565.329 144.146.736 1.045.470 532.250.981
Korporasi/Corporate 312.192.044 - - 112 - - 30.325.694 342.517.850
Pinjaman syariah/Sharia loans 3.796.714 9.484.339 6.578.720 10.893.488 13.875.912 11.721.109 - 56.350.282
Piutang sewa pembiayaan/
Finance lease receivables 1.330.267 722.112 373.692 508.235 896.468 80.375 495.008 4.406.157
Tagihan akseptasi/
Acceptance receivables 12.332.844 22.356 3.601 273.575 4.499 87.620 354.072 13.078.567
Aset lain-lain*)/Other assets*) 17.685.930 1.320.643 1.676.008 2.135.980 2.112.352 3.930.596 659.120 29.520.629
Jumlah/Total 981.512.154 99.003.688 153.631.720 171.986.084 243.716.694 345.921.601 85.920.877 2.081.692.818
Dikurangi cadangan
Kerugian penurunan nilai/
Less allowance for
impairment losses (83.659.577)
Neto/Net 1.998.033.241
*) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
310
Page 1285
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
2. Analisa konsentrasi risiko (lanjutan) 2. Risk Concentration Analysis (continued)
a. Sektor geografis (lanjutan) a. Geographical Sectors (continued)
Tabel berikut menggambarkan rincian Tables below details the credit risk exposure
konsentrasi risiko aset keuangan of consolidated BRI’s financial assets at
konsolidasian dengan eksposur kredit carrying value, categorized according to
pada nilai tercatat yang dikategorikan their geographical regions as of December
berdasarkan wilayah geografis pada 31, 2025 and 2024. Geographical area
tanggal-tanggal 31 Desember 2025 dan category based on the operational location
2024. Kategori wilayah geografis of BRI’s business which also describes the
berdasarkan tempat beroperasinya bisnis business potential of each area (continued):
BRI yang sekaligus menggambarkan
potensial bisnis wilayah masing-masing
(lanjutan):
31 Desember 2025/December 31, 2025
Indonesia
Jawa Tengah Tengah
dan DIY/ dan Timur/
Jakarta/ Jawa Barat/ Central Java Jawa Timur/ Sumatera/ Central and Lainnya/ Jumlah/
Jakarta West Java and DIY East Java Sumatera East Indonesia Others Total
Rekening Administratif/
Administrative Accounts
L/C yang tidak dapat dibatalkan
yang masih berjalan
dalam rangka impor/
Irrevocable L/C 6.192.941 1.193.295 91.548 1.387.390 947.785 340.083 3.396.715 13.549.757
Garansi yang diterbitkan/
Guarantees issued 48.462.183 4.168.480 1.457.722 2.372.575 3.874.585 4.879.068 1.701.063 66.915.676
Jumlah/Total 54.655.124 5.361.775 1.549.270 3.759.965 4.822.370 5.219.151 5.097.778 80.465.433
Dikurangi cadangan kerugian
penurunan nilai/
Less allowance for
impairment losses (1.410.927)
Neto/Net 79.054.506
31 Desember 2024/December 31, 2024
Indonesia
Jawa Tengah Tengah
dan DIY/ dan Timur/
Jakarta/ Jawa Barat/ Central Java Jawa Timur/ Sumatera/ Central and Lainnya/ Jumlah/
Jakarta West Java and DIY East Java Sumatera East Indonesia Others Total
Aset/Assets
Giro pada Bank Indonesia/
Current Account
With Bank Indonesia 88.790.417 5.867 841 10.354 4.147 10.003 57.340 88.878.969
Giro pada Bank lain/
Current Account
with Other Banks 22.701.618 15.972 11.735 15.995 20.497 57.565 2.759.443 25.582.825
Penempatan pada Bank Indonesia
dan lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institution 43.732.057 11.000 - 7.500 140.250 338.350 13.645.178 57.874.335
Efek-efek/Securities
Nilai wajar melalui laba rugi/
Fair Value
Through Profit or Loss 23.290.834 - - - - - 127.918 23.418.752
Nilai wajar melalui penghasilan
komprehensif lain/
Fair Value Through Other
Comprehensive Income 151.305.665 - - - - - 16.570.621 167.876.286
Biaya perolehan di amortisasi/
Amortized cost 128.409.637 - - - - - 6.831.025 135.240.662
311
Page 1286
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
2. Analisa konsentrasi risiko (lanjutan) 2. Risk Concentration Analysis (continued)
a. Sektor geografis (lanjutan) a. Geographical Sectors (continued)
Tabel berikut menggambarkan rincian Tables below details the credit risk exposure
konsentrasi risiko aset keuangan of consolidated BRI’s financial assets at
konsolidasian dengan eksposur kredit carrying value, categorized according to
pada nilai tercatat yang dikategorikan their geographical regions as of December
berdasarkan wilayah geografis pada 31, 2025 and 2024. Geographical area
tanggal-tanggal 31 Desember 2025 dan category based on the operational location
2024. Kategori wilayah geografis of BRI’s business which also describes the
berdasarkan tempat beroperasinya bisnis business potential of each area (continued):
BRI yang sekaligus menggambarkan
potensial bisnis wilayah masing-masing
(lanjutan):
31 Desember 2024/December 31, 2024
Indonesia
Jawa Tengah Tengah
dan DIY/ dan Timur/
Jakarta/ Jawa Barat/ Central Java Jawa Timur/ Sumatera/ Central and Lainnya/ Jumlah/
Jakarta West Java and DIY East Java Sumatera East Indonesia Others Total
Aset (lanjutan)/Assets (continued)
Wesel ekspor dan tagihan lainnya/
Export Bills and
Other Receivables 22.412.327 588.796 153.958 2.415.616 4.324.631 833.918 9.927.576 40.656.822
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 16.845.690 - - - - - - 16.845.690
Tagihan derivatif/
Derivative receivables 1.087.048 - - - - - - 1.087.048
Kredit yang diberikan/Loans
Mikro/Micro 49.553.717 55.456.579 92.734.277 84.609.080 118.748.937 174.377.195 66.343 575.546.128
Ritel/Retail 111.743.318 30.810.885 52.062.356 64.556.548 85.912.842 132.314.884 1.026.869 478.427.702
Korporasi/Corporate 198.593.927 10.216.044 2.673.573 229.383 7.094.612 6.675.548 18.861.172 244.344.259
Pinjaman syariah/Sharia loans 2.692.735 8.976.794 5.989.238 10.021.282 12.051.832 10.134.115 23.086 49.889.082
Piutang sewa pembiayaan/
Finance lease receivables 1.431.540 970.287 610.234 656.661 1.172.706 265.969 1.326.211 6.433.608
Tagihan akseptasi/
Acceptance receivables 9.373.916 4.920 - 394.925 894 45.802 284.916 10.105.373
Aset lain-lain*)/Other assets*) 17.714.998 304.335 400.751 485.936 706.564 1.454.774 442.624 21.509.982
Jumlah/Total 889.679.444 107.361.479 154.636.963 163.403.280 230.177.912 326.508.123 71.950.322 1.943.717.523
Dikurangi cadangan
Kerugian penurunan nilai/
Less allowance for
impairment losses (82.528.721)
Neto/Net 1.861.188.802
Rekening Administratif/
Administrative Accounts
L/C yang tidak dapat dibatalkan
yang masih berjalan
dalam rangka impor/
Irrevocable L/C 8.837.175 450.011 24.343 1.143.865 877.848 442.678 - 11.775.920
Garansi yang diterbitkan/
Guarantees issued 45.205.165 4.898.148 1.773.972 2.471.254 3.051.916 5.628.189 3.826.592 66.855.236
Jumlah/Total 54.042.340 5.348.159 1.798.315 3.615.119 3.929.764 6.070.867 3.826.592 78.631.156
Dikurangi cadangan kerugian
penurunan nilai/
Less allowance for
impairment losses (2.061.936)
Neto/Net 76.569.220
*) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
312
Page 1287
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
2. Analisa konsentrasi risiko (lanjutan) 2. Risk Concentration Analysis (continued)
b. Sektor industri b. Industrial Sectors
Tabel di bawah ini menggambarkan rincian Tables below detail the credit risk exposure
eksposur kredit pada nilai tercatat yang at carrying value, categorized according to
dikategorikan berdasarkan sektor industri their industrial sector as of December 31,
pada tanggal-tanggal 31 Desember 2025 2025 and 2024:
dan 2024 :
31 Desember 2025/December 31, 2025
Bank dan
lembaga
keuangan Perdagangan,
lainnya/ hotel dan
Pemerintah Banks and restoran/
Termasuk BI/ other Trading, Lainnya/
Government Financial Pertanian/ Industri/ hotels and Usaha/ Others
(Including BI) Institution Agriculture Industry restaurant Business Service Jumlah/Total
Aset/Assets
Giro pada Bank Indonesia/
Current Account
With Bank Indonesia 31.929.608 - - - - - - 31.929.608
Giro pada Bank lain/
Current Account
with Other Banks - 42.444.581 - - - - - 42.444.581
Penempatan pada
Bank Indonesia
dan lembaga
keuangan lain/
Placement with
Bank Indonesia
and Other Financial
Institution 8.337.500 12.719.710 - - - - - 21.057.210
Efek-efek/Securities
Nilai wajar
melalui laba rugi/
Fair Value Through
Profit or Loss 8.851.741 15.113.687 - 753.030 51.947 172.915 20.383 24.963.703
Nilai wajar melalui
penghasilan
komprehensif lain/
Fair Value
Through Other
comprehensive
Income 95.588.366 64.076.135 - 3.420.737 - 2.965.849 1.746 166.052.833
Biaya perolehan
di amortisasi/
Amortized cost 141.655.151 39.857.851 10.175 - - 193.089 - 181.716.266
Wesel ekspor dan
tagihan lainnya/
Export Bills and
Other Receivables 3.075.712 - 794.870 2.239.359 80.801 - 42.061.341 48.252.083
Efek-efek yang dibeli
dengan janji dijual
kembali/
Securities purchased/
under agreement
to resell - 24.452 - - - - - 24.452
Tagihan derivatif/
Derivative receivables - 1.167.029 - - - - - 1.167.029
Kredit yang diberikan/
Loans
Mikro/Micro - - 163.787.936 33.141.935 210.790.486 43.499.809 134.740.421 585.960.587
Ritel/Retail - - 38.400.849 25.395.299 172.952.469 25.008.039 270.494.325 532.250.981
Korporasi/Corporate 8.466.435 500.000 43.863.651 62.419.927 45.336.991 24.815.859 157.114.987 342.517.850
Pinjaman syariah/
Sharia loans - - 10.498.911 1.124.278 30.264.059 2.641.064 11.821.970 56.350.282
Piutang sewa pembiayaan/
Finance lease receivables 182.918 467.455 - 1.798.973 879.948 952.025 124.838 4.406.157
Tagihan akseptasi/
Acceptance receivables 1.037.718 - - 281.349 - - 11.759.500 13.078.567
Aset lain-lain*)/
*)
Other assets 9.915.315 7.569.172 3.203 46.609 - 883.934 11.102.396 29.520.629
Jumlah/Total 309.040.464 183.940.072 257.359.595 130.621.496 460.356.701 101.132.583 639.241.907 2.081.692.818
313
Page 1288
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
2. Analisa konsentrasi risiko (lanjutan) 2. Risk Concentration Analysis (continued)
b. Sektor industri (lanjutan) b. Industrial Sectors (continued)
Tabel di bawah ini menggambarkan rincian Tables below detail the credit risk exposure
eksposur kredit pada nilai tercatat yang at carrying value, categorized according to
dikategorikan berdasarkan sektor industri their industrial sector as of December 31,
pada tanggal-tanggal 31 Desember 2025 2025 and 2024 (continued):
dan 2024 (lanjutan):
31 Desember 2025/December 31, 2025
Bank dan
lembaga
keuangan Perdagangan,
lainnya/ hotel d5an
Pemerintah Banks and restoran/
Termasuk BI/ other Trading, Lainnya/
Government Financial Pertanian/ Industri/ hotels and Usaha/ Others
(Including BI) Institution Agriculture Industry restaurant Business Service Jumlah/Total
Dikurangi cadangan
Kerugian
penurunan nilai/
Less allowance for
impairment losses (83.659.577)
Neto/Net 1.998.033.241
Rekening Administratif/
Administrative
Accounts
L/C yang tidak dapat
dibatalkan yang
masih berjalan
dalam rangka impor/
Irrevocable L/C - - 9.180 3.320.391 58.291 1.579.096 8.582.799 13.549.757
Garansi yang Diterbitkan/
Guarantees issued - 1.604.531 667.000 35.606.500 1.015 4.995.483 24.041.147 66.915.676
Jumlah/Total - 1.604.531 676.180 38.926.891 59.306 6.574.579 32.623.946 80.465.433
Dikurangi cadangan
kerugian
penurunan nilai/
Less allowance for
impairment losses (1.410.927)
Neto/Net 79.054.506
*) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
314
Page 1289
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
2. Analisa konsentrasi risiko (lanjutan) 2. Risk Concentration Analysis (continued)
b. Sektor industri (lanjutan) b. Industrial Sectors (continued)
Tabel di bawah ini menggambarkan rincian Tables below detail the credit risk exposure
eksposur kredit pada nilai tercatat yang at carrying value, categorized according to
dikategorikan berdasarkan sektor industri their industrial sector as of December 31,
pada tanggal-tanggal 31 Desember 2025 2025 and 2024 (continued):
dan 2024 (lanjutan):
31 Desember 2024/December 31, 2024
Bank dan
lembaga
keuangan Perdagangan,
lainnya/ hotel dan
Pemerintah Banks and restoran/
Termasuk BI/ other Trading, Lainnya/
Government Financial Pertanian/ Industri/ hotels and Usaha/ Others
(Including BI) Institution Agriculture Industry restaurant Business Service Jumlah/Total
Aset/Assets
Giro pada Bank Indonesia/
Current Account
With Bank Indonesia 88.878.969 - - - - - - 88.878.969
Giro pada Bank lain/
Current Account
with Other Banks - 25.582.825 - - - - - 25.582.825
Penempatan pada
Bank Indonesia
dan lembaga
keuangan lain/
Placement with
Bank Indonesia
and Other Financial
Institution 35.044.861 22.829.474 - - - - - 57.874.335
Efek-efek/Securities
Nilai wajar
melalui laba rugi/
Fair Value Through
Profit or Loss 5.006.964 17.218.373 10.654 621.173 1 540.184 21.403 23.418.752
Nilai wajar melalui
penghasilan
komprehensif lain/
Fair Value
Through Other
comprehensive
Income 113.037.481 48.397.314 29 3.788.647 1.814 2.585.582 65.419 167.876.286
Biaya perolehan
di amortisasi/
Amortized cost 110.780.885 24.161.968 10.175 - - 287.634 - 135.240.662
Wesel ekspor dan
tagihan lainnya/
Export Bills and
Other Receivables 1.192.820 - 747.037 2.556.237 - 100.244 36.060.484 40.656.822
Efek-efek yang dibeli
dengan janji dijual
kembali/
Securities purchased/
under agreement
to resell 197.809 16.647.881 - - - - - 16.845.690
Tagihan derivatif/
Derivative receivables - 1.087.048 - - - - - 1.087.048
Kredit yang diberikan/
Loans
Mikro/Micro - 705.421 153.716.804 37.198.001 227.493.402 44.611.791 111.820.709 575.546.128
Ritel/Retail - 128.516 33.751.667 22.918.366 165.205.402 19.042.070 237.381.681 478.427.702
Korporasi/Corporate 5.980.603 500.000 28.529.392 52.702.245 24.745.106 27.344.042 104.542.871 244.344.259
Pinjaman syariah/
Sharia loans - 168 9.452.734 616.803 29.868.998 2.077.138 7.873.241 49.889.082
Piutang sewa pembiayaan/
Finance lease receivables - 510.707 - 2.375.332 1.440.696 1.345.038 761.835 6.433.608
Tagihan akseptasi/
Acceptance receivables - - - 295.515 4.201 - 9.805.657 10.105.373
Aset lain-lain*)/
Other assets*) 7.097.694 10.948.119 5.347 61.618 1.082 526.108 2.870.014 21.509.982
Jumlah/Total 367.218.086 168.717.814 226.223.839 123.133.937 448.760.702 98.459.831 511.203.314 1.943.717.523
315
Page 1290
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
2. Analisa konsentrasi risiko (lanjutan) 2. Risk Concentration Analysis (continued)
b. Sektor industri (lanjutan) b. Industrial Sectors (continued)
Tabel di bawah ini menggambarkan rincian Tables below detail the credit risk exposure
eksposur kredit pada nilai tercatat yang at carrying value, categorized according to
dikategorikan berdasarkan sektor industri their industrial sector as of December 31,
pada tanggal-tanggal 31 Desember 2025 2025 and 2024 (continued):
dan 2024 (lanjutan):
31 Desember 2024/December 31, 2024
Bank dan
lembaga
keuangan Perdagangan,
lainnya/ hotel dan
Pemerintah Banks and restoran/
Termasuk BI/ other Trading, Lainnya/
Government Financial Pertanian/ Industri/ hotels and Usaha/ Others
(Including BI) Institution Agriculture Industry restaurant Business Service Jumlah/Total
Dikurangi cadangan
Kerugian
penurunan nilai/
Less allowance for
impairment losses (82.528.721)
Neto/Net 1.861.188.802
Rekening Administratif/
Administrative
Accounts
L/C yang tidak dapat
dibatalkan yang
masih berjalan
dalam rangka impor/
Irrevocable L/C - - 75.636 4.440.433 1.381.174 2.708.953 3.169.724 11.775.920
Garansi yang Diterbitkan/
Guarantees issued - 1.082.516 643.800 45.040.858 8.635 4.736.790 15.342.637 66.855.236
Jumlah/Total - 1.082.516 719.436 49.481.291 1.389.809 7.445.743 18.512.361 78.631.156
Dikurangi cadangan
kerugian
penurunan nilai/
Less allowance for
impairment losses (2.061.936)
Neto/Net 76.569.220
*) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
3. Penurunan nilai aset keuangan pada tanggal- 3. Impairment of financial assets as of December
tanggal 31 Desember 2025 dan 2024 31, 2025 and 2024
a. Giro pada bank lain a. Current accounts with other banks
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is collectively impaired.
penurunan nilai secara kolektif.
b. Penempatan pada Bank Indonesia dan b. Placements with Bank Indonesia and other
lembaga keuangan lain financial institutions
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is collectively impaired.
penurunan nilai secara kolektif.
316
Page 1291
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
3. Penurunan nilai aset keuangan pada tanggal- 3. Impairment of financial assets as of December
tanggal 31 Desember 2025 dan 2024 (lanjutan) 31, 2025 and 2024 (continued)
c. Efek-efek c. Securities
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is collectively impaired.
penurunan nilai secara kolektif.
d. Piutang sewa pembiayaan d. Finance lease receivables
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is impaired as follows:
penurunan nilai sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Mengalami penurunan nilai 77.018 94.694 Impaired
Telah jatuh tempo tetapi
tidak mengalami penurunan
nilai 277.671 261.824 Past due but not impaired
Belum jatuh tempo atau tidak
mengalami penurunan nilai 4.051.468 6.077.090 Neither past due nor impaired
4.406.157 6.433.608
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (164.922) (165.590) impairment losses
Total 4.241.235 6.268.018 Total
e. Kredit yang diberikan dan pinjaman syariah e. Loan and sharia loans
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is either individually or
penurunan nilai secara individual maupun collectively impaired with the following
kolektif dengan rincian sebagai berikut: details:
31 Desember 2025/December 31, 2025
Belum Jatuh Tempo
atau Tidak Mengalami Telah Jatuh
Penurunan Nilai/ Tempo Tetapi
Neither past due not impaired Tidak Mengalami
Penurunan
Nilai/ Mengalami
High Grade/ Standard Grade/ Past due but Penurunan
High Grade Standard Grade not Impaired Nilai*)/ Impaired*) Jumlah/Total
Rupiah Rupiah
Perdagangan,
perhotelan dan Trading, hotels and
restoran 374.316.038 17.351.181 24.421.286 20.690.697 436.779.202 restaurant
Pertanian 220.444.523 4.391.585 7.844.328 9.956.753 242.637.189 Agriculture
Perindustrian 66.433.269 2.002.538 3.359.164 6.365.055 78.160.026 Manufacturing
Jasa dunia usaha 78.300.198 2.107.665 4.045.842 4.269.024 88.722.729 Business services
Electricity, gas and
Listrik, gas dan air 17.976.998 113.114 82.441 155.253 18.327.806 water
Konstruksi 69.249.574 604.326 579.537 7.078.931 77.512.368 Construction
Pengangkutan, Transportation,
pergudangan warehousing and
dan komunikasi 30.269.282 590.137 714.482 879.670 32.453.571 communication
Jasa pelayanan
sosial 7.895.859 290.043 304.800 202.599 8.693.301 Social Service
317
Page 1292
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
3. Penurunan nilai aset keuangan pada tanggal- 3. Impairment of financial assets as of December
tanggal 31 Desember 2025 dan 2024 (lanjutan) 31, 2025 and 2024 (lanjutan)
e. Kredit yang diberikan dan pinjaman syariah e. Loan and sharia loans (continued)
(lanjutan)
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is either individually or
penurunan nilai secara individual maupun collectively impaired with the following
kolektif dengan rincian sebagai berikut details (continued):
(lanjutan):
31 Desember 2025/December 31, 2025
Belum Jatuh Tempo
atau Tidak Mengalami Telah Jatuh
Penurunan Nilai/ Tempo Tetapi
Neither past due not impaired Tidak Mengalami
Penurunan
Nilai/ Mengalami
High Grade/ Standard Grade/ Past due but Penurunan
High Grade Standard Grade not Impaired Nilai*)/ Impaired*) Jumlah/Total
Rupiah Rupiah
Rupiah Rupiah
Pertambangan 6.519.992 143.571 175.016 544.500 7.383.079 Mining
Lain-lain 350.249.228 2.551.204 8.417.108 6.523.843 367.741.383 Others
1.221.654.961 30.145.364 49.944.004 56.666.325 1.358.410.654
Mata uang asing Foreign currency
Perindustrian 40.708.290 - 231.492 2.981.631 43.921.413 Manufacturing
Pertanian 13.914.158 - - - 13.914.158 Agriculture
Electricity, gas and
Listrik, gas dan air 35.113.643 - - 4.503 35.118.146 water
Perdagangan,
perhotelan dan Trading, hotels and
restoran 21.750.434 2.891 - 811.478 22.564.803 restaurant
Pengangkutan, Transportation,
pergudangan dan warehousing and
komunikasi 974.986 - - - 974.986 communication
Pertambangan 20.090.754 - - 1.926.908 22.017.662 Mining
Jasa pelayanan
sosial 8.864.633 - - - 8.864.633 Social Service
Jasa dunia usaha 4.384.059 - - 2.857.983 7.242.042 Business services
Konstruksi 2.864.155 - - 138.030 3.002.185 Construction
Lain-lain 1.038.514 - 615 9.889 1.049.018 Others
149.703.626 2.891 232.107 8.730.422 158.669.046
Total 1.371.358.587 30.148.255 50.176.111 65.396.747 1.517.079.700 Total
Dikurangi cadangan
kerugian penurunan Less allowance for
nilai (82.893.734) Impairment losses
Neto 1.434.185.966 Net
*) Termasuk seluruh kredit yang dianalisa secara individual *) Including all loans analyzed individually
318
Page 1293
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
3. Penurunan nilai aset keuangan pada tanggal- 3. Impairment of financial assets as of December
tanggal 31 Desember 2025 dan 2024 (lanjutan) 31, 2025 and 2024 (continued)
e. Kredit yang diberikan dan pinjaman syariah e. Loan and sharia loans (continued)
(lanjutan)
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is either individually or
penurunan nilai secara individual maupun collectively impaired with the following
kolektif dengan rincian sebagai berikut details (continued):
(lanjutan):
31 Desember 2024/December 31, 2024
Belum Jatuh Tempo
atau Tidak Mengalami Telah Jatuh
Penurunan Nilai/ Tempo Tetapi
Neither past due not impaired Tidak Mengalami
Penurunan
Nilai/ Mengalami
High Grade/ Standard Grade/ Past due but Penurunan
High Grade Standard Grade not Impaired Nilai*)/ Impaired*) Jumlah/Total
Rupiah Rupiah
Perdagangan,
perhotelan dan Trading, hotels and
restoran 346.058.511 17.553.921 25.755.321 16.633.605 406.001.358 restaurant
Pertanian 210.091.565 3.671.803 10.662.569 9.489.312 233.915.249 Agriculture
Perindustrian 75.986.953 2.008.431 4.633.901 3.702.762 86.332.047 Manufacturing
Jasa dunia usaha 60.369.753 1.997.052 3.921.853 6.834.330 73.122.988 Business services
Electricity, gas and
Listrik, gas dan air 10.112.281 92.835 155.941 254.768 10.615.825 water
Konstruksi 22.865.764 601.727 401.034 6.964.470 30.832.995 Construction
Pengangkutan, Transportation,
pergudangan warehousing and
dan komunikasi 26.098.704 635.548 724.080 812.857 28.271.189 communication
Jasa pelayanan
sosial 6.154.478 240.052 308.840 308.800 7.012.170 Social service
Pertambangan 13.926.232 109.089 185.308 410.716 14.631.345 Mining
Lain-lain 302.052.859 2.817.421 7.284.997 4.957.629 317.112.906 Others
1.073.717.100 29.727.879 54.033.844 50.369.249 1.207.848.072
Mata uang asing Foreign currency
Perindustrian 35.076.413 525 284.205 4.338.309 39.699.452 Manufacturing
Pertanian 11.602.046 - 644 - 11.602.690 Agriculture
Electricity, gas and
Listrik, gas dan air 27.685.830 - - - 27.685.830 water
Perdagangan,
perhotelan dan Trading, hotels and
restoran 11.305.348 2.764 - 946.210 12.254.322 restaurant
Pengangkutan, Transportation,
pergudangan dan warehousing and
komunikasi 299.529 - - - 299.529 communication
Pertambangan 19.980.957 - - 1.895.780 21.876.737 Mining
Jasa pelayanan
sosial 6.248.959 - - - 6.248.959 Social service
Jasa dunia usaha 11.042.966 - - 2.784.653 13.827.619 Business services
Konstruksi 5.676.884 - - 135.588 5.812.472 Construction
Lain-lain 1.003.853 - 38.279 9.357 1.051.489 Others
129.922.785 3.289 323.128 10.109.897 140.359.099
Total 1.203.639.885 29.731.168 54.356.972 60.479.146 1.348.207.171 Total
Dikurangi cadangan
kerugian penurunan Less allowance for
nilai (80.897.921) Impairment losses
Neto 1.267.309.250 Net
*) Termasuk seluruh kredit yang dianalisa secara individual *) Including all loans analyzed individually
319
Page 1294
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
3. Penurunan nilai aset keuangan pada tanggal- 3. Impairment of financial assets as of December
tanggal 31 Desember 2025 dan 2024 (lanjutan) 31, 2025 and 2024 (continued)
f. Wesel ekspor dan tagihan lainnya f. Export bills and other receivables
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024 this
dan 2024 aset keuangan ini mengalami financial asset was impaired both
penurunan nilai baik secara individu dan individually and collectively.
kolektif.
g. Tagihan akseptasi g. Acceptance receivables
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset was impaired both
penurunan nilai baik secara individu dan individually and collectively.
kolektif.
h. Efek-efek yang dibeli dengan janji dijual h. Securities purchased under agreement to
kembali resell
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini tidak financial asset is neither individually nor
mengalami penurunan nilai secara collectively impaired.
individual maupun kolektif.
i. Aset lain-lain i. Other assets
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, this
dan 2024, aset keuangan ini mengalami financial asset is collectively impaired.
penurunan nilai secara kolektif.
j. Rekening administratif j. Administrative accounts
Pada tanggal-tanggal 31 Desember 2025 As of December 31, 2025 and 2024, these
dan 2024, akun-akun administratif ini administrative accounts were impaired as
mengalami penurunan nilai dengan rincian follows:
sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
Garansi yang diterbitkan 41.900.550 37.815.057 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 3.420.782 2.357.169 Irrevocable L/C
45.321.332 40.172.226
Mata uang asing Foreign currency
Garansi yang diterbitkan 25.015.126 29.040.179 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 10.128.975 9.418.751 Irrevocable L/C
35.144.101 38.458.930
80.465.433 78.631.156
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (1.410.927) (2.061.936) impairment losses
Total 79.054.506 76.569.220 Total
320
Page 1295
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan 4. Quality of financial assets
Tabel berikut menunjukkan kualitas aset The following tables show the quality of financial
keuangan berdasarkan golongan aset untuk assets by class for all financial assets with credit
semua aset keuangan yang mempunyai risiko risk, amounts presented at gross:
kredit, nilai yang disajikan adalah gross:
31 Desember 2025/December 31, 2025
Belum Jatuh Tempo
atau Tidak Mengalami Telah Jatuh
Penurunan Nilai/ Tempo Tetapi
Neither past due not impaired Tidak Mengalami
Penurunan
Nilai/ Mengalami
High Grade/ Standard Grade/ Past due but Penurunan
High Grade Standard Grade not Impaired Nilai**)/ Impaired**) Jumlah/Total
Aset Assets
Current Account with
Giro pada Bank Indonesia 31.929.608 - - - 31.929.608 Bank Indonesia
Current Account with
Giro pada bank lain 41.980.016 464.565 - - 42.444.581 other bank
Penempatan pada Bank Placement with Bank
Indonesia dan lembaga Indonesia and other
keuangan lain 20.864.386 192.824 - - 21.057.210 financial institutions
Efek-efek Securities
Nilai wajar melalui Fair value through
laba rugi 21.190.674 3.773.029 - - 24.963.703 profit or loss
Nilai wajar melalui Fair value through
penghasilan other comprehensive
komprehensif lain 133.794.104 32.258.729 - - 166.052.833 income
Biaya perolehan
diamortisasi 166.204.296 15.511.970 - - 181.716.266 Amortized cost
Wesel ekspor dan Export bills and other
tagihan lainnya 48.250.278 - - 1.805 48.252.083 receivables
Efek-efek yang dibeli dengan Securities under purchase
janji dijual kembali 24.452 - - - 24.452 Agreement to resell
Tagihan derivatif 1.167.029 - - - 1.167.029 Derivative receivables
Kredit yang diberikan Loans
Mikro 527.217.512 10.247.385 29.343.084 19.152.606 585.960.587 Micro
Ritel 472.023.468 19.685.711 17.807.078 22.734.724 532.250.981 Retail
Korporasi 319.476.680 - 231.489 22.809.681 342.517.850 Corporate
Pinjaman syariah 52.640.927 215.159 2.794.460 699.736 56.350.282 Sharia loans
Piutang sewa pembiayaan 3.984.008 67.460 277.671 77.018 4.406.157 Finance lease receivables
Tagihan akseptasi 12.719.275 - - 359.292 13.078.567 Acceptance receivables
Aset lain-lain*) 25.477.695 3.370.512 452.983 219.439 29.520.629 Others assets *)
Total 1.878.944.408 85.787.344 50.906.765 66.054.301 2.081.692.818 Total
*) *)
Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, Other assets consist of receivables from government related to KUR
piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima disbursement, interest receivables, other receivables, accrued income
dengan prinsip syariah, dan term deposit valas devisa hasil ekspor Bank based on sharia principles, and foreign currency term deposit for foreign
Indonesia. exchange proceeds of export Bank Indonesia.
**) **)
Termasuk seluruh kredit yang dianalisa secara individual Including all loans analyzed individually.
321
Page 1296
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Tabel berikut menunjukkan kualitas aset The following tables show the quality of financial
keuangan berdasarkan golongan aset untuk assets by class for all financial assets with credit
semua aset keuangan yang mempunyai risiko risk, amounts presented at gross (continued):
kredit, nilai yang disajikan adalah gross
(lanjutan):
31 Desember 2024/December 31, 2024
Belum Jatuh Tempo
atau Tidak Mengalami Telah Jatuh
Penurunan Nilai/ Tempo Tetapi
Neither past due not impaired Tidak Mengalami
Penurunan
Nilai/ Mengalami
High Grade/ Standard Grade/ Past due but Penurunan
High Grade Standard Grade not Impaired Nilai*)/ Impaired*) Jumlah/Total
Aset Assets
Current Account with
Giro pada Bank Indonesia 88.878.969 - - - 88.878.969 Bank Indonesia
Current Account with
Giro pada bank lain 24.745.895 836.930 - - 25.582.825 other bank
Penempatan pada Bank Placement with Bank
Indonesia dan lembaga Indonesia and other
keuangan lain 57.874.335 - - - 57.874.335 financial institutions
Efek-efek Securities
Nilai wajar melalui Fair value through
laba rugi 14.128.939 9.289.813 - - 23.418.752 profit or loss
Nilai wajar melalui Fair value through
penghasilan other comprehensive
komprehensif lain 148.293.352 19.582.934 - - 167.876.286 income
Biaya perolehan
diamortisasi 111.557.365 23.683.297 - - 135.240.662 Amortized cost
Wesel ekspor dan Export bills and other
tagihan lainnya 40.618.097 - 24.637 14.088 40.656.822 receivables
Efek-efek yang dibeli dengan Securities under purchase
janji dijual kembali 16.845.690 - - - 16.845.690 agreement to resell
Tagihan derivatif 1.087.048 - - - 1.087.048 Derivative receivables
Kredit yang diberikan Loans
Mikro 517.322.593 9.509.799 33.788.405 14.925.331 575.546.128 Micro
Ritel 424.111.557 19.714.451 16.239.034 18.362.660 478.427.702 Retail
Korporasi 217.624.332 - 320.994 26.398.933 244.344.259 Corporate
Pinjaman syariah 44.581.403 506.918 4.008.539 792.222 49.889.082 Sharia loans
Piutang sewa pembiayaan 5.842.658 234.432 261.824 94.694 6.433.608 Finance lease receivables
Tagihan akseptasi 10.105.373 - - - 10.105.373 Acceptance receivables
Aset lain-lain*) 19.397.775 1.029.067 869.276 213.864 21.509.982 Others assets *)
Total 1.743.015.381 84.387.641 55.512.709 60.801.792 1.943.717.523 Total
*) *)
Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, Other assets consist of receivables from government related to KUR
piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima disbursement, interest receivables, other receivables, accrued income
dengan prinsip syariah, dan term deposit valas devisa hasil ekspor Bank based on sharia principles, and foreign currency term deposit for foreign
Indonesia. exchange proceeds of export Bank Indonesia.
**) **)
Termasuk seluruh kredit yang dianalisa secara individual Including all loans analyzed individually.
Kualitas kredit didefinisikan sebagai berikut: Credit quality is defined as follows:
1. Tingkat Tinggi 1. High Grade
a) Giro pada Bank Indonesia, giro pada a) Current accounts with Bank Indonesia,
bank lain, penempatan pada Bank current accounts with other banks,
Indonesia dan lembaga keuangan lain, placements with Bank Indonesia and
yaitu giro atau penempatan pada other financial institutions are current
institusi Pemerintah dan transaksi accounts or placements in Government
dengan bank yang telah terdaftar pada institutions and transactions with banks
Bursa. listed in the Stock Exchange.
b) Kredit yang diberikan, piutang sewa b) Loan, finance lease receivable, and
pembiayaan dan pinjaman syariah sharia loan, are loans to third parties
yaitu pinjaman kepada pihak ketiga receivables that are neither past due
yang belum jatuh tempo dan tidak nor impaired, and have never been
mengalami penurunan nilai, serta tidak restructured.
pernah direstrukturisasi.
322
Page 1297
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Kualitas kredit didefinisikan sebagai berikut Credit quality is defined as follows (continued):
(lanjutan):
1. Tingkat Tinggi (lanjutan) 1. High Grade (continued)
c) Wesel ekspor dan tagihan lainnya c) Export bills and other receivables as
serta tagihan akseptasi yaitu tagihan well as acceptances receivable, are
kepada pihak ketiga yang belum jatuh third party receivables that are not past
tempo dan memiliki kapasitas finansial due and have strong financial capacity
yang kuat dalam hal pembayaran in terms of repaying all obligations in a
kembali seluruh kewajibannya secara timely manner.
tepat waktu.
d) Efek-efek dan Obligasi Pemerintah, d) Securities and Government bonds are
yaitu efek-efek yang dikeluarkan oleh securities issued by Government,
Pemerintah, efek-efek dan obligasi investment grade securities and bonds
dengan rating minimal idA- (Pefindo), with a rating of at least idA- (Pefindo),
A- (Fitch), atau A3 (Moody’s). A- (Fitch), or A3 (Moody’s).
e) Penyertaan saham, yaitu penyertaan e) Investment in shares, are investments
pada perusahaan yang terdaftar pada in entities listed in Stock Exchange
Bursa dan memiliki tingkat kinerja which have an overall good
keseluruhan yang baik. performance level.
2. Tingkat Standar 2. Standard Grade
a) Giro pada bank Indonesia, giro pada a) Current accounts with Bank Indonesia,
bank lain, penempatan pada Bank current accounts with other banks,
Indonesia dan lembaga keuangan lain, placements with Bank Indonesia and
yaitu giro atau penempatan pada bank other financial institutions are current
yang tidak terdaftar pada Bursa. accounts or placements in Government
institutions and transactions with banks
listed in the Stock Exchange.
b) Kredit yang diberikan, pinjaman b) Loan, sharia loans, and finance lease
syariah, dan piutang sewa receivables pare loans to third parties
pembiayaan yaitu pinjaman kepada that are neither past due nor impaired,
pihak ketiga yang belum jatuh tempo, but have been restructured.
dan tidak mengalami penurunan nilai,
namun pernah direstrukturisasi.
c) Wesel ekspor dan tagihan lainnya c) Export bills and other receivables as
serta tagihan akseptasi, yaitu tagihan well as acceptances receivable, are
kepada pihak ketiga yang belum jatuh third party receivables that are not past
tempo dan memiliki kapasitas finansial due and have adequate financial
yang memadai dalam hal pembayaran capacity in terms of repaying all
kembali seluruh kewajibannya secara obligations in a timely manner.
tepat waktu.
d) Efek-efek dan Obligasi Pemerintah, d) Securities and Government Bonds are
yaitu efek-efek dan obligasi dengan securities and bonds with a rating
rating antara idBBB+ sampai dengan between idBBB+ and idBBB- (Pefindo),
idBBB- (Pefindo), BBB+ sampai BBB+ and BBB- (Fitch), or Baa1 and
dengan BBB- (Fitch), atau Baa1 Baa3 (Moody’s).
sampai dengan Baa3 (Moody’s).
e) Penyertaan saham, yaitu penyertaan e) Investment in shares, are investment in
pada perusahaan yang tidak terdaftar entities which are not listed in stock
pada Bursa dan memiliki tingkat exchange which have an overall good
kinerja keseluruhan yang baik. performance level.
323
Page 1298
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit Credit Quality Analysis
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Losses
a. Peningkatan Risiko Kredit Secara a. Significant Increase on Credit Risk
Signifikan
Ketika menentukan apakah risiko gagal When determining whether the risk of
bayar pada instrumen keuangan telah default on financial instruments has
meningkat secara signifikan sejak increased significantly since initial
pengakuan awal, Bank recognition, the Bank considers reasonable
mempertimbangkan informasi yang wajar and supportable, relevant information that is
dan terdukung, serta relevan yang tersedia available without excessive costs or efforts.
tanpa biaya atau upaya yang berlebihan. This includes quantitative and qualitative
Hal tersebut mencakup informasi dan information and analysis, based on historical
analisa kuantitatif dan kualitatif, experience and credit expert judgment and
berdasarkan pada pengalaman historis including forward-looking estimates.
dan penilaian pakar kredit dan termasuk
perkiraan masa depan (forward-looking).
Tujuan dari penilaian ini adalah untuk The purpose of this assessment is to identify
mengidentifikasi apakah peningkatan risiko whether a significant increase in credit risk
kredit secara signifikan atas eksposur telah of exposure has occurred by comparing:
terjadi dengan membandingkan:
1. Probability of default (PD) atas umur 1. Probability of default (PD) for the
tersisa pada tanggal pelaporan; remaining age at the reporting date;
dengan with
2. Probability of default (PD) atas umur 2. Probability of default (PD) for the
tersisa yang di estimasi pada saat estimated remaining age at initial
pengakuan awal eksposur (jika recognition of the exposure (if relevant,
relevan, disesuaikan dengan adjusted for changes in expectations of
perubahan ekspektasi pembayaran prepayment).
dimuka).
Ketika menentukan apakah risiko gagal When determining whether the risk of
bayar pada instrumen keuangan telah default on financial instruments has
meningkat secara signifikan sejak increased significantly since initial
pengakuan awal, Bank recognition, the Bank considers reasonable
mempertimbangkan informasi yang wajar and supportable, relevant information that is
dan terdukung, serta relevan yang tersedia available without excessive costs or efforts.
tanpa biaya atau upaya yang berlebihan. This includes quantitative and qualitative
Hal tersebut mencakup informasi dan information and analysis, based on historical
analisa kuantitatif dan kualitatif, experience and credit expert judgment and
berdasarkan pada pengalaman historis including forward-looking estimates.
dan penilaian pakar kredit dan termasuk
perkiraan masa depan (forward-looking).
324
Page 1299
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit (lanjutan) Credit Quality Analysis (continued)
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Losses
(lanjutan) (continued)
a. Peningkatan Risiko Kredit Secara a. Significant Increase on Credit Risk
Signifikan (lanjutan) (continued)
Tujuan dari penilaian ini adalah untuk The purpose of this assessment is to identify
mengidentifikasi apakah peningkatan risiko whether a significant increase in credit risk
kredit secara signifikan atas eksposur telah of exposure has occurred by comparing:
terjadi dengan membandingkan:
1. Probability of default (PD) atas umur 1. Probability of default (PD) for the
tersisa pada tanggal pelaporan; remaining age at the reporting date;
dengan with
2. Probability of default (PD) atas umur 2. Probability of default (PD) for the
tersisa yang di estimasi pada saat estimated remaining age at initial
pengakuan awal eksposur (jika recognition of the exposure (if relevant,
relevan, disesuaikan dengan adjusted for changes in expectations of
perubahan ekspektasi pembayaran prepayment).
dimuka).
Bank juga menggunakan kriteria berikut The Bank also uses the following criteria in
dalam menentukan apakah peningkatan determining whether a significant increase
risiko kredit secara signifikan atas in credit risk over exposure has occurred:
eksposur telah terjadi:
1. Pengujian kuantitatif berdasarkan 1. Quantitative testing based on changes
perubahan probability of default (PD) in the probability of default (PD)
2. Indikator kualitatif 2. Qualitative indicators
3. Tertunggak lebih dari 30 (tiga puluh) 3. Overdue for 30 days
hari
b. Credit Risk Grades b. Credit Risk Grades
Bank mengalokasikan setiap eksposur ke The Bank allocates each exposure to credit
credit risk grades berdasarkan variasi data risk grades based on a variety of data that is
yang ditentukan dapat memprediksi risiko determined to predict the risk of default and
gagal bayar dan menerapkan pengalaman apply credit experience. Credit risk grades
atas kredit. Credit risk grades ditetapkan are determined using qualitative and
menggunakan faktor kualitatif dan quantitative factors that can indicate the risk
kuantitatif yang dapat mengindikasikan of default. These factors vary depending on
risiko gagal bayar. Faktor-faktor ini the nature of the exposure and the type of
bervariasi tergantung pada sifat eksposur borrower.
dan jenis peminjam.
Credit risk grades ditetapkan dan Credit risk grades are determined and
dikalibrasi sedemikian rupa sehingga risiko calibrated in such a way that the risk of
terjadinya gagal bayar meningkat secara default is increasing exponentially as credit
eksponensial seiring dengan penurunan risk decreases, for example, the difference
risiko kredit, sebagai contoh, selisih antara between credit risk rating grades 1 and 2 is
credit risk rating grades 1 dan 2 lebih kecil smaller than the difference between credit
dari pada selisih antara credit risk rating rating grades 2 and 3.
grades 2 dan 3.
325
Page 1300
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit (lanjutan) Credit Quality Analysis (continued)
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Losses
(lanjutan) (continued)
b. Credit Risk Grades (lanjutan) b. Credit Risk Grades (continued)
Setiap eksposur dialokasikan ke credit risk Each exposure is allocated to credit risk
grades pada pengakuan awal berdasarkan grades at initial recognition based on
informasi yang tersedia tentang peminjam. available information about the borrower.
Eksposur ini dipantau secara berkelanjutan This exposure is monitored on an ongoing
dan dapat mengakibatkan eksposur basis, and can result in the exposure being
dipindahkan ke credit risk grades yang transferred to different credit risk grades.
berbeda. Pemantauan biasanya The monitoring usually uses the following
menggunakan data laporan keuangan, data: financial statements, use of credit
penggunaan fasilitas kredit, dan estimasi facilities, estimates of economic conditions.
kondisi ekonomi.
c. Penentuan Struktur Probability of Default c. Determination of Probability of Default
Structure
Credit risk grades adalah input utama Credit risk grades are the main input in
dalam penentuan struktur PD term determining the PD term structure of the
structure atas eksposur. Bank exposure. The Bank collects performance
mengumpulkan informasi kinerja dan gagal and default information about credit risk
bayar tentang eksposur risiko kredit yang exposures, which are analyzed by
dianalisa berdasarkan yurisdiksi atau jurisdiction or region and by product and
wilayah dan menurut jenis produk dan borrower type and credit risk assessment.
peminjam serta penilaian risiko kredit. For some portfolios, information purchased
Untuk beberapa portofolio, informasi yang from external credit assessors is also used.
dibeli dari penilai kredit eksternal juga
digunakan.
Bank menggunakan model statistik untuk The Bank uses a statistical model to analyze
menganalisa data yang dikumpulkan dan the data collected and produce an estimate
menghasilkan perkiraan probability of of the probability of default (PD) for the
default (PD) atas umur tersisa dan remaining life and how this is expected to
bagaimana hal ini diperkirakan akan change as a result of the passage of time.
berubah sebagai akibat dari berlalunya
waktu.
326
Page 1301
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit (lanjutan) Credit Quality Analysis (continued)
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Losses
(lanjutan) (continued)
d. Penentuan Terjadinya Peningkatan Risiko d. Determination of Significant Increase in
Kredit Secara Signifikan Credit Risk
Kriteria untuk menentukan apakah risiko Criteria for determining whether credit risk
kredit telah meningkat secara signifikan has increased significantly varies for each
bervariasi untuk setiap portofolio dan portfolio and includes quantitative changes
termasuk perubahan kuantitatif pada PD in PD and qualitative factors, including
dan faktor kualitatif, termasuk penentuan determination based on arrears day status.
berdasarkan status hari tunggakan.
Risiko kredit dari eksposur tertentu Credit risk from certain exposures is
dianggap telah meningkat secara signifikan considered to have increased significantly
sejak pengakuan awal jika, berdasarkan since initial recognition if, based on the
permodelan kuantitatif Bank, probability of Bank's quantitative modeling, the probability
default (PD) atas umur tersisa telah of default (PD) for the remaining life has
meningkat signifikan. increased significantly.
Bank juga dapat menggunakan penilaian The Bank can also use the judgment of
dari analis kredit dan jika mungkin, credit analysts and if possible, relevant
pengalaman historis yang relevan, dalam historical experience, in determining that
menentukan bahwa mungkin eksposur exposure may have experienced a
telah mengalami peningkatan risiko kredit significant increase in credit risk based on
yang signifikan berdasarkan indikator certain qualitative indicators that are
kualitatif tertentu yang dianggap dapat considered to indicate this and their effects
mengindikasi hal tersebut dan may not be fully reflected in quantitative
pengaruhnya mungkin tidak sepenuhnya analysis in a comprehensive manner on
tercermin dalam analisis kuantitatif secara time.
tepat waktu.
Bank menentukan bahwa peningkatan The Bank determines that a significant
risiko kredit secara signifikan belum terjadi increase in credit risk has not occurred if it is
apabila masih kurang dari 30 hari still less than 30 days in arrears. Arrears
tunggakan. Hari tunggakan ditentukan days are determined by calculating the
dengan menghitung jumlah hari sejak number of days from the initial due date
tanggal jatuh tempo awal dimana where full payment has not been received.
pembayaran penuh belum diterima. The due date is determined without
Tanggal jatuh tempo ditentukan tanpa considering the grace period that might be
mempertimbangkan masa tenggang yang available to the borrower.
mungkin tersedia bagi peminjam.
Bank memantau efektivitas kriteria yang The Bank monitors the effectiveness of the
digunakan dalam mengidentifikasi criteria used in identifying significant
peningkatan risiko kredit yang signifikan increases in credit risk by periodic review.
dengan cara reviu berkala.
327
Page 1302
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit (lanjutan) Credit Quality Analysis (continued)
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Losses
(lanjutan) (continued)
e. Modifikasi Aset Keuangan e. Modification of Financial Assets
Ketentuan kontraktual pinjaman dapat The contractual terms of the loan can be
dimodifikasi untuk beberapa alasan, modified for several reasons, including
termasuk perubahan kondisi pasar, retensi changes in market conditions, customer
pelanggan dan faktor-faktor lain yang tidak retention and other factors not related to the
terkait dengan penurunan kredit saat current credit decline. Loan with modified
pinjaman yang ketentuan kontraktualnya contractual terms can cause the initial loan
dimodifikasi dapat menyebabkan pinjaman to be derecognized and the loan as a result
awal dihentikan pengakuannya dan of the modification is recognized as a new
pinjaman hasil modifikasi diakui sebagai loan at fair value.
pinjaman baru pada nilai wajar.
Ketika ketentuan kontraktual pinjaman When the contractual terms of the loan are
dimodifikasi dan tidak mengakibatkan modified and do not result in termination of
penghentian pengakuan, penentuan recognition, determining the occurrence of a
terjadinya peningkatan risiko kredit secara significant increase in credit risk is done by
signifikan dilakukan dengan cara comparing:
membandingkan:
sisa PD sepanjang umur pada tanggal Remaining PD for life at reporting date
pelaporan berdasarkan ketentuan based on modified provisions; with
yang dimodifikasi; dengan Remaining PD throughout the
sisa PD sepanjang umur yang estimated age based on data at initial
diestimasi berdasarkan data pada saat recognition and initial contractual
pengakuan awal dan ketentuan provisions.
kontraktual awal.
f. Definisi Gagal Bayar (Default) f. Definition of Default
Grup menganggap aset keuangan dalam The Group considers financial assets as
keadaan default/gagal bayar ketika: default when:
Debitur tidak mungkin membayar The debtor is unlikely to pay its credit
kewajiban kreditnya secara penuh obligations to the full, without recourse
tanpa bantuan (recourse) dari from the business group; or
kelompok usahanya; atau
Debitur telah melewati jatuh tempo The debtor has more than 90 (ninety)
lebih dari 90 (sembilan puluh) hari atas days past due for any material credit
kewajiban kredit material apa pun obligations to the business group
kepada kelompok usahanya.
Dalam menilai apakah debitur dalam In assessing whether a debtor is in default,
keadaan default/gagal bayar, Grup the Group considers the following indicators:
mempertimbangkan indikator berikut:
Kualitatif-seperti pelanggaran Qualitative-such as violations of the
persyaratan penjanjian (covenants); terms of the covenants;
Kuantitatif-seperti status tunggakan; Quantitative-such as arrears status;
dan and
Berdasarkan data yang dikembangkan Based on data developed internally and
secara internal dan diperoleh dari obtained from external sources
sumber eksternal.
328
Page 1303
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit (lanjutan) Credit Quality Analysis (continued)
Input, Asumsi, dan Teknik yang digunakan Inputs, Assumptions, and Techniques used in
dalam mengestimasi penurunan nilai estimating impairment
a. Penggunaan informasi perkiraan masa a. Use of forward-looking information
depan (forward-looking)
Bank menggunakan informasi forward- The Bank uses forward-looking information
looking dalam menilai apakah telah in assessing whether there has been a
terjadinya peningkatan risiko kredit secara significant increase in credit risk and in
signifikan dan pengukuran kerugian kredit measuring expected credit losses. Based on
ekspektasian. Berdasarkan saran dari suggestions from the Risk Management
Komite Manajemen Risiko, pakar ekonomi Committee, economic experts and
dan pertimbangan berbagai informasi consideration of various actual and external
aktual dan perkiraan eksternal, Bank forecast information, the Bank formulates a
merumuskan pandangan dasar (base base case on the movement of relevant
case) tentang pergerakan variabel economic variables in the future as well as
ekonomi yang relevan dimasa depan serta estimates of other possible scenarios. This
perkiraan skenario lain yang mungkin process involves developing two or more
terjadi. Proses ini meliputi pengembangan additional economic scenarios and
dua atau lebih skenario ekonomi tambahan considering the relative probability of the
dan mempertimbangkan probabilitas relatif possible outputs. External information
dari keluaran (output) yang mungkin. includes economic data and forecasts
Informasi eksternal mencakup data published by, such as government agencies
ekonomi dan perkiraan yang diterbitkan and selected private sector analysts and
oleh, seperti badan pemerintah dan analis academics.
sektor swasta dan akademisi terpilih.
Pandangan dasar (base case) digunakan The base case reflects the output with the
dalam perencanaan strategis dan highest probability and is used in strategic
anggaran. Skenario yang lain planning and budgeting. The other scenario
mencerminkan keluaran yang lebih optimis reflects a more optimistic output and a more
dan keluaran yang lebih pesimis. pessimistic outcome.
Skenario ekonomi yang dirumuskan The economic scenario is formulated using
menggunakan kisaran indikator utama the following main indicator ranges:
berikut:
2025 2026
Pertumbuhan PDB dasar 5,04% dasar 5,18% GDP Growth
Kisaran antara 3,90 hingga 5,19% Kisaran antara 4,29 hingga 5,24%
baseline 5.04% baseline 5.18%
Ranges from 3.90 to 5.19% Ranges from 4.29 to 5.24%
Tingkat Konsumsi dasar 4,94% dasar 5,09% Consumption Rate
Kisaran antara 3,20 hingga 5,09% Kisaran antara 4,13 hingga 5,19%
baseline 4.94% baseline 5.09%
Ranges from 3.20 to 5.09% Ranges from 4.13 to 5.19%
Tingkat Investasi dasar 5,76% dasar 4,61% Investment Rate
Kisaran antara 4,51 hingga 5,91% Kisaran antara 3,77 hingga 4,93%
baseline 5.76% baseline 4.61%
Ranges from 4.51 to 5.91% Ranges from 3.77 to 4.93%
329
Page 1304
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit (lanjutan) Credit Quality Analysis (continued)
Input, Asumsi, dan Teknik yang digunakan Inputs, Assumptions, and Techniques used in
dalam mengestimasi penurunan nilai (lanjutan) estimating impairment (continued)
b. Pengukuran Kerugian Kredit Ekspektasian b. Measurement of Expected Credit Losses
Input utama dalam pengukuran kerugian The main inputs in measuring expected
kredit ekspektasian adalah variabel berikut: credit losses are the following variables:
Probability of Default (PD) Probability of Default (PD)
Loss of Given Default (LGD) Loss of Given Default (LGD)
Exposure at Default (EAD) Exposure at Default (EAD)
Parameter ini umumnya berasal dari model These parameters generally come from
statistik yang dikembangkan secara internally developed statistical models and
internal dan data historis lainnya. other historical data. This parameter is
Parameter ini disesuaikan untuk adjusted to reflect forward-looking
mencerminkan informasi forward-looking. information.
Estimasi PD adalah estimasi pada tanggal PD estimation is an estimate at a specific
tertentu, yang dihitung berdasarkan model date, which is calculated based on a
peringkat statistik dan dinilai menggunakan statistical ranking model and is assessed
rating yang disesuaikan dengan berbagai using a rating adjusted for various
kategori dari debitur dan eksposur. Model categories of debtors and exposures. This
statistik ini didasarkan pada data yang statistical model is based on internally
disusun secara internal yang terdiri dari compiled data consisting of quantitative,
faktor kuantitatif, kualitatif, dan perkiraan qualitative factors, and forward-looking
berwawasan ke depan (forward-looking). information.
LGD adalah besarnya kerugian jika terjadi LGD is the amount of loss in the event of
gagal bayar. Parameter LGD diestimasi default. The LGD parameter is estimated
secara historis berdasarkan tingkat historically based on the rate of recovery of
pemulihan atas klaim terhadap debitur claims against defaulters. The LGD model
yang gagal bayar. LGD juga diamati takes into account the structure,
dengan mempertimbangkan jaminan tunai guarantees, seniority of claims, the debtor's
yang merupakan bagian integral dari aset industry, and the cost of recovery of each
keuangan terhutang serta biaya yang guarantee that is an integral part of a
dikeluarkan dalam proses pemulihan. financial asset.
EAD merepresentasikan estimasi eksposur EAD represents the estimated exposure in
jika terjadi gagal bayar. EAD suatu aset the event of default. The EAD of a financial
keuangan adalah jumlah tercatat bruto. asset is the gross carrying amount. For loan
Untuk komitmen pinjaman dan jaminan commitments and financial guarantees,
keuangan, EAD mencakup jumlah yang EAD includes the amount that has been
telah ditarik, serta jumlah potensial di masa drawn, as well as the potential future
depan yang akan ditarik, yang diestimasi amount to be withdrawn, which is estimated
berdasarkan pengamatan historis. based on historical observations.
330
Page 1305
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Kredit (lanjutan) Credit Risk Management (continued)
4. Kualitas aset keuangan (lanjutan) 4. Quality of financial assets (continued)
Analisis Kualitas Kredit (lanjutan) Credit Quality Analysis (continued)
Input, Asumsi, dan Teknik yang digunakan Inputs, Assumptions, and Techniques used in
dalam mengestimasi penurunan nilai (lanjutan) estimating impairment (continued)
b. Pengukuran Kerugian Kredit Ekspektasian b. Measurement of Expected Credit Losses
(lanjutan) (continued)
Ketika pemodelan parameter dilakukan When parameter modeling is carried out
secara kolektif, instrumen keuangan collectively, financial instruments are
dikelompokkan berdasarkan kesamaan grouped based on common risk
karakteristik risiko yang meliputi: characteristics which include:
Jenis instrumen; Type of instrument;
Peringkat risiko kredit; Credit risk rating;
Jenis agunan; Collateral type;
Tanggal pengakuan awal; Initial recognition date;
Sisa waktu jatuh tempo. Remaining time due.
5. Berdasarkan PSAK No. 107, aset keuangan 5. Based on SFAS No. 107, past due financial
yang telah jatuh tempo ditentukan ketika debitur assets are determined when a debtor fails to
gagal melakukan pembayaran sesuai jadwal. make payments on schedule. The following table
Tabel berikut menunjukan aging analysis shows the aging analysis of loans, sharia loans,
terhadap kredit yang diberikan, pinjaman and finance lease receivables that are past due
syariah, dan piutang sewa pembiayaan yang but not impaired.
telah jatuh tempo tetapi tidak mengalami
penurunan nilai.
31 Desember 2025/December 31, 2025
≤ 30 hari/ > 30 - 60 hari/ > 60 - 90 hari/ Total/
≤ 30 days > 30 - 60 days > 60 - 90 days Total
Kredit yang diberikan Loans
Mikro 11.102.487 8.023.667 10.216.930 29.343.084 Micro
Ritel 8.675.477 4.125.039 5.006.562 17.807.078 Retail
Korporasi 231.489 - - 231.489 Corporate
Pinjaman syariah 433.809 2.088.359 272.292 2.794.460 Sharia loans
Piutang sewa pembiayaan 162.023 63.604 52.044 277.671 Finance lease receivables
Total 20.605.285 14.300.669 15.547.828 50.453.782 Total
31 Desember 2024/December 31, 2024
≤ 30 hari/ > 30 - 60 hari/ > 60 - 90 hari/ Total/
≤ 30 days > 30 - 60 days > 60 - 90 days Total
Kredit yang diberikan Loans
Mikro 12.501.822 9.398.463 11.888.120 33.788.405 Micro
Ritel 7.325.386 4.150.190 4.763.458 16.239.034 Retail
Korporasi 320.994 - - 320.994 Corporate
Pinjaman syariah 446.914 3.270.103 291.522 4.008.539 Sharia loans
Piutang sewa pembiayaan 156.299 70.942 34.583 261.824 Finance lease receivables
Total 20.751.415 16.889.698 16.977.683 54.618.796 Total
331
Page 1306
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Likuiditas Liquidity Risk Management
Risiko likuiditas merupakan risiko akibat Liquidity risk is the risk arising form BRI’s inability to
ketidakmampuan BRI untuk memenuhi kewajiban meet the maturity obligations of cash flow funding
jatuh tempo dari sumber pendanaan arus kas sources and/or of high quality liquid assets that can
dan/atau dari aset likuid berkualitas tinggi yang be mortgaged without disrupting the operations and
dapat diagunkan sehingga tidak mengganggu financial condition of BRI.
aktivitas dan kondisi keuangan BRI.
BRI mengelola risiko likuiditas agar dapat memenuhi BRI manages its liquidity risk in order to meet every
setiap kewajiban finansial yang sudah diperjanjikan financial liability that has been agreed upon in
secara tepat waktu, serta dapat memelihara tingkat a timely manner and to maintain adequate and
likuiditas yang memadai dan optimal. optimal liquidity level.
Untuk mendukung pengelolaan likuiditas, BRI In order to support liquidity management, BRI
menetapkan Surat Edaran Manajemen Risiko establishes a Liquidity Risk Management Circular
Likuiditas yang mencakup tata kelola manajemen Letter, which includes liquidity risk management
risiko likuiditas, limit pengelolaan likuiditas, liquidity governance, liquidity management limits, liquidity
coverage ratio, net stable funding ratio, early coverage ratios, net stable funding ratios, early
warning indicators, dan contingency funding plan. warning indicators, and contingency funding plans.
Pedoman ini bertujuan untuk memastikan The purpose of this policy is to ensure that BRI has
kecukupan pengelolaan risiko likuiditas harian sufficient daily liquidity risk management in fulfilling its
dalam memenuhi kewajiban pada kondisi normal obligations in normal or crisis conditions in
maupun kondisi krisis secara tepat waktu dari a timely manner from various available sources to
berbagai sumber dana yang tersedia, termasuk ensure the availability of high quality liquid assets,
memastikan ketersediaan aset likuid berkualitas and having a healthy and sustainable structure of
tinggi dan penghimpunan DPK yang memiliki deposits from customer.
struktur yang sehat dan sustainable.
BRI juga melakukan simulasi stress testing secara BRI also conducts quartely stress testing, which is
triwulanan yang disampaikan kepada Dewan Direksi submitted to the Board of Commissioners and
dan Komisaris BRI melalui Risk Management Directors through Risk Management Committee
Committee (RMC). Tujuan dari stress testing yaitu (RMC). The purpose of stress testing is to measure
untuk mengukur ketahanan atau kemampuan untuk the resistance or ability to meet liquidity and capital
memenuhi kebutuhan likuiditas selama kondisi krisis adequacy during crisis (stress). Moreover, stress test
(stress). Selain itu, stress test juga digunakan is also used as reference for developing or improving
sebagai acuan untuk mengembangkan atau emergency funding plans (contingency plan) and
meningkatkan rencana pendanaan darurat liquidity risk limits.
(contingency plan), dan limit risiko likuiditas.
Analisa Aset dan Liabilitas Sesuai Sisa Jatuh Tempo Analysis of Asset and Liability According to
Kontraktual Remaining Contractual Maturity
Potensi risiko likuiditas yang akan dihadapi BRI di Potential liquidity risks that BRI will encounter in the
masa mendatang diukur melalui Liquidity Gap future is measured through Liquidity Gap Analysis
Analysis yang merupakan proyeksi mismatch which is a projection of liquidity mismatches based on
likuiditas atas dasar jatuh tempo aset dan liabilitas, the maturity of assets and liabilities, after taking into
setelah memperhitungkan kebutuhan untuk account the business expansion needs. This
ekspansi bisnis. Informasi ini menjadi pertimbangan information is also considered when planning and
dalam perencanaan dan pengelolaan likuiditas, managing liquidity, including business expansion
termasuk juga kebutuhan ekspansi bisnis. Dengan needs. With the implementation of effective liquidity
diterapkannya pengelolaan likuiditas yang efektif, risk management, it is expected that liquidity risks can
diharapkan dapat meminimalkan risiko likuiditas di be minimized while simultaneously enhancing the
BRI sekaligus meningkatkan stabilitas sistem overall banking system’s stability.
perbankan secara keseluruhan.
332
Page 1307
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Likuiditas (lanjutan) Liquidity Risk Management (continued)
Analisa Aset dan Liabilitas Sesuai Sisa Jatuh Tempo Analysis of Asset and Liability According to
Kontraktual (lanjutan) Remaining Contractual Maturity (continued)
Tabel di bawah ini menyajikan informasi mengenai The tables below represent information on the
pemetaan aset dan liabilitas keuangan dalam skala mapping of financial assets and liabilities within
waktu tertentu (maturity buckets) berdasarkan sisa a certain maturity buckets based on their remaining
jangka waktu sampai dengan jatuh tempo maturity as of December 31, 2025 and 2024:
(remaining maturity) pada tanggal 31 Desember
2025 dan 2024:
31 Desember 2025/December 31, 2025
Lainnya
> 1 bulan - > 3 bulan yang tidak
3 bulan/ - 1 tahun/ memiliki jatuh
< 1 bulan/ > 1 month 3 months >1 tahun/ tempo/ Others
Keterangan/Description Jumlah/Total < 1 month - 3 months> - 1 year > 1 year without maturity
Aset/Assets
Kas/Cash 32.044.482 - - - - 32.044.482
Giro pada Bank Indonesia/
Current accounts with Bank Indonesia 31.929.608 31.929.608 - - - -
Giro pada bank lain/
Current accounts with Other Banks 42.444.581 42.444.581 - - - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (11.273) - - - - (11.273)
Penempatan pada Bank Indonesia
dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 21.057.210 17.446.548 1.793.977 1.816.685 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (2.405) - - - - (2.405)
Efek-efek/Securities 372.732.802 174.566.337 18.437.203 40.410.920 139.318.342 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (89.519) - - - - (89.519)
Wesel ekspor dan tagihan lainnya/
Export Bills and Other Receivables 48.252.083 15.106.822 21.760.190 11.385.071 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (465.498) - - - - (465.498)
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 24.452 24.452 - - - -
Tagihan Derivatif/
Derivative receivables 1.167.029 417.672 321.253 184.118 243.986 -
Kredit yang diberikan/Loans
Mikro/Micro 585.960.587 9.262.203 10.749.957 151.450.270 414.498.157 -
Ritel/Retail 532.250.981 20.773.704 32.600.956 132.993.378 345.882.943 -
Korporasi/Corporate 342.517.850 10.214.858 12.880.503 83.446.497 235.975.992 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (79.328.619) - - - - (79.328.619)
Pinjaman syariah/Sharia loans 56.350.282 163.298 894.344 35.190.312 20.102.328 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (3.565.115) - - - - (3.565.115)
Piutang sewa pembiayaan/
Finance lease receivables 4.406.157 287.209 445.245 1.516.661 2.157.042 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (164.922) - - - - (164.922)
Tagihan akseptasi/
Acceptance receivables 13.078.567 2.952.266 4.708.937 5.417.364 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (32.226) - - - - (32.226)
Aset lain-lain*)/Other assets*) 29.520.629 2.860.282 1.643.539 14.650.255 220.275 10.146.278
2.030.077.723 328.449.840 106.236.104 478.461.531 1.158.399.065 (41.468.817)
333
Page 1308
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Likuiditas (lanjutan) Liquidity Risk Management (continued)
Analisa Aset dan Liabilitas Sesuai Sisa Jatuh Tempo Analysis of Asset and Liability According to
Kontraktual (lanjutan) Remaining Contractual Maturity (continued)
Tabel di bawah ini menyajikan informasi mengenai The tables below represent information on the
pemetaan aset dan liabilitas keuangan dalam skala mapping of financial assets and liabilities within
waktu tertentu (maturity buckets) berdasarkan sisa a certain maturity buckets based on their remaining
jangka waktu sampai dengan jatuh tempo maturity as of December 31, 2025 and 2024
(remaining maturity) pada tanggal 31 Desember (continued):
2025 dan 2024 (lanjutan):
31 Desember 2025/December 31, 2025
Lainnya
> 1 bulan - > 3 bulan yang tidak
3 bulan/ - 1 tahun/ memiliki jatuh
< 1 bulan/ > 1 month 3 months >1 tahun/ tempo/ Others
Keterangan/Description Jumlah/Total < 1 month - 3 months - 1 year > 1 year without maturity
Liabilitas/Liabilities
Liabilitas segera/
Liability due immediately 39.818.745 4.742.412 3.523.959 31.552.374 - -
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 448.203.670 - - - - 448.203.670
Tabungan/ Saving deposits 587.585.862 - - - - 587.585.862
Deposito berjangka/
Time deposits 431.054.307 161.511.812 245.467.556 23.409.341 665.598 -
Simpanan dari bank lain
dan lembagakeuangan lainnya/
Deposits from other Bank
and other financial institutions 17.601.436 14.023.195 3.575.241 3.000 - -
Efek yang dijual dengan
janji dibeli kembali/
Securities sold under agreement
to repurchase 27.932.749 15.440.617 10.059 7.540.256 4.941.817 -
Liabilitas derivatif/ Derivative payable 1.101.753 310.384 468.458 84.210 238.701 -
Liabilitas akseptasi/
Acceptance payable 13.078.567 2.952.266 4.708.937 5.417.364 - -
Surat berharga yang diterbitkan/
Marketable securities issued 40.901.648 1.096.386 1.235.390 22.182.701 16.387.171 -
Pinjaman yang diterima/
Fund borrowing 129.186.116 52.845.753 23.906.746 21.387.339 31.046.278 -
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities 486.867 - - - 486.867 -
Liabilitas lain-lain**)/Other liabilities**) 4.017.636 16.516 1.535.266 501.488 1.498.371 465.995
1.740.969.356 252.939.341 284.431.612 112.078.073 55.264.803 1.036.255.527
Perbedaan Jatuh Tempo/
Temporary Difference 289.108.367 75.510.499 (178.195.508) 366.383.458 1.103.134.262 (1.077.724.344)
*) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
**) Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas sewa, dan term deposit valas devisa hasil ekspor Bank Indonesia/Other liabilities consist of interest
payables, security deposits, lease liabilities, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
334
Page 1309
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Likuiditas (lanjutan) Liquidity Risk Management (continued)
Analisa Aset dan Liabilitas Sesuai Sisa Jatuh Tempo Analysis of Asset and Liability According to
Kontraktual (lanjutan) Remaining Contractual Maturity (continued)
Tabel di bawah ini menyajikan informasi mengenai The tables below represent information on the
pemetaan aset dan liabilitas keuangan dalam skala mapping of financial assets and liabilities within
waktu tertentu (maturity buckets) berdasarkan sisa a certain maturity buckets based on their remaining
jangka waktu sampai dengan jatuh tempo maturity as of December 31, 2025 and 2024
(remaining maturity) pada tanggal 31 Desember (continued):
2025 dan 2024 (lanjutan):
31 Desember 2024/December 31, 2024
Lainnya
> 1 bulan - > 3 bulan yang tidak
3 bulan/ - 1 tahun/ memiliki jatuh
< 1 bulan/ > 1 month 3 months >1 tahun/ tempo/ Others
Keterangan/Description Jumlah/Total < 1 month - 3 months - 1 year > 1 year without maturity
Aset/Assets
Kas/Cash 29.783.642 - - - - 29.783.642
Giro pada Bank Indonesia/
Current accounts with Bank Indonesia 88.878.969 88.878.969 - - - -
Giro pada bank lain/
Current accounts with Other Banks 25.582.825 25.582.825 - - - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (8.378) - - - - (8.378)
Penempatan pada Bank Indonesia
dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 57.874.335 52.254.935 4.346.890 1.272.510 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (767) - - - - (767)
Efek-efek/Securities 326.535.700 197.026.688 7.707.543 26.533.355 95.268.114 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (58.823) - - - - (58.823)
Wesel ekspor dan tagihan lainnya/
Export Bills and Other Receivables 40.656.822 10.387.034 15.747.396 14.522.392 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (1.075.559) - - - - (1.075.559)
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 16.845.690 16.037.069 808.621 - - -
Tagihan Derivatif/
Derivative receivables 1.087.048 398.411 240.718 220.544 227.375 -
Kredit yang diberikan/Loans
Mikro/Micro 575.546.128 8.469.027 11.252.039 129.393.127 426.431.935 -
Ritel/Retail 478.427.702 21.628.410 29.705.356 118.558.234 308.535.702 -
Korporasi/Corporate 244.344.259 10.550.202 15.983.728 48.305.206 169.505.123 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (76.902.889) - - - - (76.902.889)
Pinjaman syariah/Sharia loans 49.889.082 195.952 836.624 37.260.451 11.596.055 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (3.995.032) - - - - (3.995.032)
Piutang sewa pembiayaan/
Finance lease receivables 6.433.608 14.894 875.588 1.875.626 3.667.500 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (165.590) - - - - (165.590)
Tagihan akseptasi/
Acceptance receivables 10.105.373 2.093.976 3.203.289 4.808.108 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (321.683) - - - - (321.683)
Aset lain-lain*)/Other assets*) 21.509.982 2.801.636 2.161.361 6.573.074 549.010 9.424.901
1.890.972.444 436.320.028 92.869.153 389.322.627 1.015.780.814 (43.320.178)
335
Page 1310
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Likuiditas (lanjutan) Liquidity Risk Management (continued)
Analisa Aset dan Liabilitas Sesuai Sisa Jatuh Tempo Analysis of Asset and Liability According to
Kontraktual (lanjutan) Remaining Contractual Maturity (continued)
Tabel di bawah ini menyajikan informasi mengenai The tables below represent information on the
pemetaan aset dan liabilitas keuangan dalam skala mapping of financial assets and liabilities within
waktu tertentu (maturity buckets) berdasarkan sisa a certain maturity buckets based on their remaining
jangka waktu sampai dengan jatuh tempo maturity as of December 31, 2025 and 2024
(remaining maturity) pada tanggal 31 Desember (continued):
2025 dan 2024 (lanjutan):
31 Desember 2024/December 31, 2024
Lainnya
> 1 bulan - > 3 bulan yang tidak
3 bulan/ - 1 tahun/ memiliki jatuh
< 1 bulan/ > 1 month 3 months >1 tahun/ tempo/ Others
Keterangan/Description Jumlah/Total < 1 month - 3 months> - 1 year > 1 year without maturity
Liabilitas/Liabilities
Liabilitas segera/
Liability due immediately 36.821.661 4.385.460 3.258.717 29.177.484 - -
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 374.554.340 - - - - 374.554.340
Tabungan/ Saving deposits 544.426.947 - - - - 544.426.947
Deposito berjangka/
Time deposits 446.468.817 96.057.375 277.315.794 72.061.726 1.033.922 -
Simpanan dari bank lain
dan lembaga keuangan lainnya/
Deposits from other Bank
and other financial institutions 14.679.482 10.562.307 4.035.795 79.880 1.500 -
Efek yang dijual dengan
janji dibeli kembali/
Securities sold under agreement
to repurchase 25.043.717 9.175.747 1.015.744 7.400.233 7.451.993 -
Liabilitas derivatif/ Derivative payable 1.585.120 813.590 413.095 46.458 311.977 -
Liabilitas akseptasi/
Acceptance payable 10.105.373 2.093.976 3.203.289 4.808.108 - -
Surat berharga yang diterbitkan/
Marketable securities issued 32.502.499 1.122 3.749.137 15.441.248 13.310.992 -
Pinjaman yang diterima/
Fund borrowing 127.879.804 51.930.592 16.185.701 20.144.236 39.619.275 -
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities 491.781 - - - 491.781 -
Liabilitas lain-lain**)/Other liabilities**) 7.398.275 3.365.836 713.151 380.142 2.610.604 328.542
1.621.957.816 178.386.005 309.890.423 149.539.515 64.832.044 919.309.829
Perbedaan Jatuh Tempo/
Temporary Difference 269.014.628 257.934.023 (217.021.270) 239.783.112 950.948.770 (962.630.007)
*) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
**) Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas sewa, dan term deposit valas devisa hasil ekspor Bank Indonesia/Other liabilities consist of interest
payables, security deposits, lease liabilities, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
336
Page 1311
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Likuiditas (lanjutan) Liquidity Risk Management (continued)
Analisa Aset dan Liabilitas Sesuai Sisa Jatuh Tempo Analysis of Asset and Liability According to
Kontraktual (lanjutan) Remaining Contractual Maturity (continued)
Tabel jatuh tempo berikut ini menyajikan informasi The following maturity table presents information
mengenai perkiraan jatuh tempo dari liabilitas regarding the estimated maturity of financial liabilities
keuangan sesuai kontrak berdasarkan arus kas according to the contract based on undiscounted
undiscounted pada tanggal-tanggal 31 Desember cash flows on December 31, 2025 and 2024, as
2025 dan 2024 adalah sebagai berikut: follows:
31 Desember 2025/December 31, 2025
Lainnya
> 1 bulan - > 3 bulan yang tidak
3 bulan/ - 1 tahun/ memiliki jatuh
< 1 bulan/ > 1 month 3 months >1 tahun/ tempo/Others
Keterangan/Description Jumlah/Total < 1 month - 3 months> - 1 year > 1 year without maturity
Liabilitas/Liabilities
Liabilitas segera/
Liability due immediately 39.818.745 4.742.412 3.523.959 31.552.374 - -
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 448.203.670 - - - - 448.203.670
Tabungan/Saving deposits 587.585.862 - - - - 587.585.862
Deposito berjangka/
Time deposits 433.625.211 161.792.470 247.281.969 23.856.876 693.896 -
Simpanan dari bank lain
dan lembaga keuangan lain/
Deposits from other Bank
and other financial institutions 17.718.949 14.101.423 3.614.310 3.216 - -
Efek yang dijual dengan
janji dibeli kembali/
Securities sold under
agreement to repurchase 28.579.752 15.445.128 10.098 7.672.136 5.452.390 -
Liabilitas derivatif/
Derivative payable 1.101.753 310.384 468.458 84.210 238.701 -
Liabilitas akseptasi/
Acceptance payable 13.078.567 2.952.266 4.708.937 5.417.364 - -
Surat berharga yang diterbitkan/
Marketable securities issued 45.826.907 1.110.607 1.255.994 23.312.936 20.147.370 -
Pinjaman yang diterima/
Fund borrowing 150.786.766 60.199.046 24.004.453 29.146.270 37.436.997 -
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities 582.851 - - - 582.851 -
Liabilitas lain-lain***)/
Other liabilities***) 4.017.636 16.516 1.535.266 501.488 1.498.371 465.995
1.770.926.669 260.670.252 286.403.444 121.546.870 66.050.576 1.036.255.527
***) Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas sewa, dan term deposit valas devisa hasil ekspor Bank Indonesia/Other liabilities consist of interest
payables, security deposits, lease liabilities, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
337
Page 1312
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Likuiditas (lanjutan) Liquidity Risk Management (continued)
Analisa Aset dan Liabilitas Sesuai Sisa Jatuh Tempo Analysis of Asset and Liability According to
Kontraktual (lanjutan) Remaining Contractual Maturity (continued)
Tabel jatuh tempo berikut ini menyajikan informasi The following maturity table presents information
mengenai perkiraan jatuh tempo dari liabilitas regarding the estimated maturity of financial liabilities
keuangan sesuai kontrak berdasarkan arus kas according to the contract based on undiscounted
undiscounted pada tanggal-tanggal 31 Desember cash flows on December 31, 2025 and 2024, as
2025 dan 2024 adalah sebagai berikut (lanjutan): follows (continued):
31 Desember 2024/December 31, 2024
Lainnya
> 1 bulan - > 3 bulan yang tidak
3 bulan/ - 1 tahun/ memiliki jatuh
< 1 bulan/ > 1 month 3 months >1 tahun/ tempo/Others
Keterangan/Description Jumlah/Total < 1 month - 3 months> - 1 year > 1 year without maturity
Liabilitas/Liabilities
Liabilitas segera/
Liability due immediately 36.821.661 4.385.460 3.258.717 29.177.484 - -
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 374.554.340 - - - - 374.554.340
Tabungan/Saving deposits 544.426.947 - - - - 544.426.947
Deposito berjangka/
Time deposits 453.653.762 169.265.154 235.510.360 48.178.250 699.998 -
Simpanan dari bank lain
dan lembaga keuangan lain/
Deposits from other Bank
and other financial institutions 14.700.264 11.771.866 2.524.095 404.303 - -
Efek yang dijual dengan
janji dibeli kembali/
Securities sold under
agreement to repurchase 25.751.090 8.899.761 1.544.433 7.464.270 7.842.626 -
Liabilitas derivatif/
Derivative payable 1.585.120 813.590 413.095 46.458 311.977 -
Liabilitas akseptasi/
Acceptance payable 10.105.373 2.093.976 3.203.289 4.808.108 - -
Surat berharga yang diterbitkan/
Marketable securities issued 37.260.535 1.123 3.800.983 16.266.380 17.192.049 -
Pinjaman yang diterima/
Fund borrowing 138.225.430 60.952.784 19.311.467 23.965.210 33.995.969 -
Pinjaman dan surat
berharga subordinasi/ 616.773 - - 299 616.474 -
Subordinated loans and
marketable securities
Liabilitas lain-lain***)/
Other liabilities***) 7.398.275 3.365.836 713.151 380.142 2.610.604 328.542
1.645.099.570 261.549.550 270.279.590 130.690.904 63.269.697 919.309.829
***) Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas sewa, dan term deposit valas devisa hasil ekspor Bank Indonesia/Other liabilities consist of interest
payables, security deposits, lease liabilities, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
338
Page 1313
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar Market Risk Management
Risiko pasar timbul karena pergerakan faktor pasar Market risk arises because of the movement of
yang meliputi suku bunga dan nilai tukar yang market factors which include interest rates and
berlawanan dengan posisi yang dimiliki BRI, baik exchange rates that are against BRI’s positions, both
posisi yang ada di laporan posisi keuangan maupun positions in the statements of financial position or in
rekening administratif. Posisi tersebut merupakan the administrative accounts. These positions are
posisi yang ada dalam trading book dan banking those which exist in trading book and banking book.
book.
BRI telah mengimplementasikan sistem aplikasi BRI has implemented treasury and market risk
treasury dan risiko pasar yang merupakan suatu application system, an integrated system used by the
sistem yang terintegrasi, yang digunakan oleh fungsi front, middle, and back office functions. Middle offices
front office, middle office dan back office. Middle can measure market risk using an internal model
Office dapat melakukan pengukuran risiko pasar (Value-at-Risk) that is integrated with the daily
menggunakan model internal (Value-at-Risk) yang transaction process. Other than monitoring the
terintegrasi dengan proses transaksi harian. Selain instruments risk exposures, middle offices also
melakukan monitoring eksposur risiko instrumen, monitor market risk limit.
Middle Office juga melakukan monitoring limit risiko
pasar.
1. Value-at-Risk (VaR): Tujuan Penggunaan 1. Value-at-Risk (VaR): Purpose and Limitation
Metode dan Keterbatasannya of the Method
BRI menggunakan pendekatan model internal BRI uses an internal model approach to measure
untuk mengukur potensi kerugian VaR akibat VaR potential loss due to changes in market
perubahan harga pasar dari portofolio trading price of trading portfolio based on historical data.
berdasarkan pada data historis. Potensi VaR potential loss that arise from market risk is
kerugian VaR dari risiko pasar diukur dengan measured using the assumptions that the
menggunakan asumsi perubahan faktor risiko change in risk factors follow normal distribution.
mengikuti pola distribusi normal. BRI BRI uses VaR to measure exchange rate risk for
menggunakan VaR untuk menghitung risiko trading and banking book positions and interest
nilai tukar untuk posisi trading dan banking book rate risk for trading book positions.
serta menghitung risiko suku bunga untuk
posisi trading book.
2. Asumsi Value-at-Risk (VaR) 2. Value-at-Risk (VaR) Assumption
Potensi kerugian VaR dihitung berdasarkan VaR potential loss is calculated based on the
nilai estimasi dengan menggunakan tingkat estimated value using 99% confidence level and
kepercayaan (confidence level) di 99% dan market risk position that is unchanged within 1
posisi risiko pasar yang tidak berubah dalam (one) day holding period. This is an indicator that
1 (satu) hari (holding period). Hal ini the potential loss which might exceed VaR value
menunjukkan potensi kerugian yang dapat in normal market condition, on average, may
melebihi nilai VaR dalam kondisi pasar normal, occur once every one hundred days. The method
rata-rata dapat terjadi satu kali dalam seratus used in measuring VaR is the VaR historical
hari. Metode yang digunakan dalam method.
pengukuran VaR adalah metode Historical
VaR.
339
Page 1314
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
2. Asumsi Value-at-Risk (VaR) (lanjutan) 2. Value-at-Risk (VaR) Assumption (continued)
Tabel di bawah ini menyajikan informasi The following tables represent information on
mengenai nilai VaR dari 1 Januari 2025 sampai VaR value starting from January 1, 2025 until
dengan 31 Desember 2025 dan 1 Januari 2024 December 31, 2025 and January 1, 2024 until
sampai dengan 31 Desember 2024: December 31, 2024:
31 Desember 2025/December 31, 2025
Nilai Tukar*)/ Suku bunga/
Exchange Rate*) Interest rate
Rata-rata Harian 57.870,08 116.213,71 Daily Average
Tertinggi 140.822,10 183.783,00 Highest
Terendah 17.267,69 32.460,08 Lowest
31 Desember 2024/December 31, 2024
Nilai Tukar*)/ Suku bunga/
Exchange Rate*) Interest rate
Rata-rata Harian 44.275,19 206.447,35 Daily Average
Tertinggi 119.238,80 351.333,00 Highest
Terendah 13.911,20 49.714,00 Lowest
*) Termasuk trading dan banking book. *) Include trading and banking book.
3. Back Testing 3. Back Testing
Tujuan dilaksanakannya back testing yaitu The purpose of implementing back testing is to
untuk memastikan bahwa hasil perhitungan ensure that the result of internal model
internal model untuk risiko suku bunga dan calculation for interest rate risk and exchange
risiko nilai tukar telah sesuai. Ketika melakukan rate risk is appropriate. When performing back
back testing, BRI membandingkan antara testing, BRI compares estimations between daily
estimasi VaR harian dengan realisasi VaR with actual change of price.
perubahan harga.
Berdasarkan prosedur back testing untuk risiko Based on the back testing procedures for
nilai tukar dan risiko tingkat suku bunga, hasil exchange rate risk and interest rate risk, the
kerugian sebenarnya sepanjang tahun telah actual loss throughout the year is significantly
sesuai secara signifikan dengan VaR forecast consistent with VaR forecast model.
model.
4. Risiko Pasar di luar Trading Book 4. Market Risk Outside of Trading Book
a. Risiko Tingkat Suku Bunga a. Interest Rate Risk
Instrumen keuangan yang berbasis suku Interest rate-based financial instruments
bunga memiliki risiko karena terdapat have risks because there is a potential for
potensi perubahan suku bunga yang akan interest rate changes that will have an
berdampak pada arus kas di masa depan. impact on cash flow in the future.
340
Page 1315
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
4. Risiko Pasar di luar Trading Book (lanjutan) 4. Market Risk Outside of Trading Book
(continued)
a. Risiko Tingkat Suku Bunga (lanjutan) a. Interest Rate Risk (continued)
BRI telah mengembangkan metodologi BRI has developed a methodology to
pengukuran dampak pengaruh pergerakan measure the impact of interest rate
suku bunga dalam banking book melalui movements in the banking book through
Interest Rate Risk in The Banking Book Interest Rate Risk in The Banking Book in
sesuai SEOJK No. 12/SEOJK.03/2018 accordance with SEOJK
tanggal 21 Agustus 2018. Posisi Desember No. 12/SEOJK.03/2018 dated August 21,
2025, secara individu BRI mempunyai nilai 2018. As of December 2025, individually
delta EVE (Economic Value of Equity) BRI has a delta EVE (Economic Value of
sebesar 7,86% (perbandingan terhadap Equity) amounting to 7.86% (comparison to
modal Tier 1). Delta EVE BRI di bawah Tier 1 capital). The BRI EVE Delta is below
RAS BRI (8,31%) dan di bawah batas the BRI RAS (8.31%) and below the
regulator (15,00%). regulator's limit (15.00%).
Direksi bertanggung jawab dalam Board of Directors and Management are
menetapkan, mengelola, serta responsible for determining, managing and
mengendalikan tingkat suku bunga dengan controlling interest rate by weighing the
menimbang risk appetite bank dan target Bank’s risk appetite and financial
pencapaian kinerja keuangan. Review atas performance target. The review of interest
penetapan suku bunga dilakukan minimal rate determination is conducted at least
satu kali dalam satu bulan dalam forum once in a month in the Asset and Liability
Asset and Liability Committee (ALCO). Committee (ALCO) forum.
Tabel di bawah ini menyajikan informasi The following table presents information
mengenai tingkat suku bunga rata-rata regarding the average interest rates for
untuk posisi aset dan liabilitas keuangan financial assets and liabilities position as of
pada tanggal 31 Desember 2025 dan December 31, 2025 and 2024:
2024:
Rupiah/Rupiah (%)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Aset Assets
Penempatan pada Bank Placement with Bank
Indonesia dan lembaga Indonesia and other
keuangan lain 5,38 3,34 financial institutions
Efek-efek 6,88 6,88 Securities
Kredit yang diberikan 10,63 11,32 Loans
Piutang sewa pembiayaan 17,93 17,09 Finance lease receivables
Liabilitas Liabilities
Simpanan nasabah Deposits from customers
Giro 4,73 4,82 Demand deposits
Tabungan 0,39 0,29 Saving deposits
Deposito berjangka 5,34 5,67 Time deposits
Simpanan dari bank lain Deposits with other bank and
dan lembaga keuangan lain 2,62 3,07 other financial institutions
Pinjaman yang diterima 0,02 0,02 Fund borrowings
Pinjaman dan surat Subordinated loans and
berharga subordinasi 4,73 6,44 marketable securities
Surat berharga yang diterbitkan 8,75 10,10 Marketable securities issued
341
Page 1316
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
4. Risiko Pasar di luar Trading Book (lanjutan) 4. Market Risk Outside of Trading Book
(continued)
a. Risiko Tingkat Suku Bunga (lanjutan) a. Interest Rate Risk (continued)
Tabel di bawah ini menyajikan informasi The following table presents information
mengenai tingkat suku bunga rata-rata regarding the average interest rates for
untuk posisi aset dan liabilitas keuangan financial assets and liabilities position For
untuk tahun yang Berakhir pada tanggal 31 the years ended December 31, 2025 and
Desember 2025 dan 2024 (lanjutan): 2024 (continued):
Valas/Foreign Currency (%)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Aset Assets
Penempatan pada Bank Placement with Bank
Indonesia dan lembaga Indonesia and other
keuangan lain 4,13 5,61 financial institutions
Efek-efek 3,98 4,09 Securities
Kredit yang diberikan 4,65 5,08 Loans
Piutang sewa pembiayaan - 6,43 Finance lease receivables
Liabilitas Liabilities
Simpanan nasabah Deposits from customers
Giro 1,93 2,33 Demand deposits
Tabungan 0,15 0,16 Saving deposits
Deposito berjangka 4,05 4,36 Time deposits
Simpanan dari bank lain Deposits with other bank and
dan lembaga keuangan lain 1,68 1,21 other financial institutions
Pinjaman yang diterima 3,56 4,53 Fund borrowings
Tabel di bawah ini mengikhtisarkan The table below summarizes the sensitivity
sensitivitas pergerakan suku bunga of interest rate movements on the asset and
terhadap portofolio aset dan liabilitas yang liability portfolio with interest rates as of
memiliki suku bunga pada tanggal-tanggal December 31, 2025 and 2024 (Bank BRI
31 Desember 2025 dan 2024 (Bank BRI only), as follows:
saja) yaitu:
Peningkatan Penurunan
400 bps/ 400 bps/
Increase of Decrease of
400 bps 400 bps
31 Desember 2025 (19.199.538) 19.872.671 December 31, 2025
31 Desember 2024 (17.018.702) 17.637.638 December 31, 2024
342
Page 1317
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
4. Risiko Pasar di luar Trading Book (lanjutan) 4. Market Risk Outside of Trading Book
(continued)
a. Risiko Tingkat Suku Bunga (lanjutan) a. Interest Rate Risk (continued)
Tabel berikut menunjukkan sensitivitas The following table presents the sensitivity
terhadap kemungkinan perubahan dalam of BRI’s statement of profit or loss and other
tingkat suku bunga untuk banking book comprehensive income towards possible
dengan semua variabel lain yang dimiliki changes in the interest rate of banking book,
adalah konstan terhadap laporan laba rugi with all other variables held constant:
dan penghasilan komprehensif lain BRI:
31 Desember 2025/December 31, 2025
Dampak Terhadap
Perubahan Laba Rugi dan Penghasilan
Persentase/ Komprehensif Lain/ Impact on
Changes in Statement of Profit or Loss and
Percentage other Comprehensive Income
+/- 1% +/- 3.109.950
31 Desember 2024/December 31, 2024
Dampak Terhadap
Perubahan Laba Rugi dan Penghasilan
Persentase/ Komprehensif Lain/ Impact on
Changes in Statement of Profit or Loss and
Percentage other Comprehensive Income
+/- 1% +/- 2.930.444
Tabel di bawah ini mengikhtisarkan The tables below summarise the exposure
eksposur aset dan liabilitas keuangan of financial assets and liabilities to interest
terhadap risiko tingkat suku bunga (gross): rate risks (gross):
31 Desember 2025/December 31, 2025
Suku bunga mengambang/Floating interest rate
> 3 bulan
- 1 tahun/ Suku bunga Tidak dikenakan
< 3 bulan/ > 3 months > 1 tahun/ tetap/Fixed bunga/ Non-
Keterangan/Description < 3 months - 1 year > 1 year interest rate interest rate Jumlah/Total
Aset/Assets
Kas/Cash - - - - 32.044.482 32.044.482
Giro pada Bank Indonesia/
Current accounts with
Bank Indonesia 31.929.608 - - - - 31.929.608
Giro pada bank lain/
Current accounts with other banks 42.444.581 - - - - 42.444.581
Penempatan pada Bank Indonesia
Dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 19.230.525 1.826.685 - - - 21.057.210
Efek-efek/Securities
Nilai wajar melalui laba rugi/
Fair value through profit or loss - - - 24.963.703 - 24.963.703
Nilai wajar melalui
Penghasilan komprehensif lain
Fair value through other
comprehensive income - - - 166.052.833 - 166.052.833
Biaya perolehan diamortisasi/
Amortized cost - - - 181.716.266 - 181.716.266
343
Page 1318
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
4. Risiko Pasar di luar Trading Book (lanjutan) 4. Market Risk Outside of Trading Book
(continued)
a. Risiko Tingkat Suku Bunga (lanjutan) a. Interest Rate Risk (continued)
Tabel di bawah ini mengikhtisarkan The tables below summarise the exposure
eksposur aset dan liabilitas keuangan of financial assets and liabilities to interest
terhadap risiko tingkat suku bunga (gross) rate risks (gross) (continued):
(lanjutan):
31 Desember 2025/December 31, 2025
Suku bunga mengambang/Floating interest rate
> 3 bulan
- 1 tahun/ Suku bunga Tidak dikenakan
< 3 bulan/ > 3 months > 1 tahun/ tetap/Fixed bunga/ Non-
Keterangan/Description < 3 months - 1 year > 1 year interest rate interest rate Jumlah/Total
Wesel ekspor dan tagihan
Lainnya/Export bills and
other receivables - - - 48.252.083 - 48.252.083
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 24.452 - - - - 24.452
Tagihan derivatif/
Derivative receivables - - - - 1.167.029 1.167.029
Kredit yang diberikan/Loans
Mikro/Micro 1.103.829 30.383 24.224 584.802.151 - 585.960.587
Ritel/Retail 52.862.965 126.195.337 197.527.898 155.664.781 - 532.250.981
Korporasi/Corporate 23.095.363 83.446.497 235.975.990 - - 342.517.850
Pinjaman syariah/Sharia loans - - - 56.350.282 - 56.350.282
Piutang sewa pembiayaan/
Finance lease receivables 60 - - 4.406.097 - 4.406.157
Tagihan akseptasi/
Acceptance receivables - - - 13.078.567 - 13.078.567
Penyertaan saham*)/
Investment in shares*) - - - - 1.249.588 1.249.588
Aset lain-lain**)/Other assets**) 1.151 - - 15.339.188 14.180.290 29.520.629
170.692.534 211.498.902 433.528.112 1.250.625.951 48.641.389 2.114.986.888
Liabilitas/Liabilities
Liabilitas segera/
Liabilities due immediately - - - - 39.818.745 39.818.745
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 307.962.970 - - 140.240.700 - 448.203.670
Tabungan/Saving deposits 166.086.809 - - 421.499.053 - 587.585.862
Deposito berjangka/
Time deposits 44.616.996 13.301.504 904.257 372.231.550 - 431.054.307
Simpanan dari bank lain
dan lembaga keuangan lain/
Deposits from other banks
And other financial institutions 17.598.436 3.000 - - - 17.601.436
Efek-efek yang dijual dengan
janji dibeli kembali/
Securities sold under
agreement to repurchased 15.450.676 7.540.256 4.941.817 - - 27.932.749
Liabilitas derivative/ - - - - 1.101.753 1.101.753
Derivative payables
Liabilitas akseptasi/
Acceptance payable - - - 13.078.567 - 13.078.567
Surat berharga yang diterbitkan/
Marketable securities issued - - - 40.901.648 - 40.901.648
Pinjaman yang diterima/
Fund borrowings 76.804.087 21.387.276 30.994.753 - - 129.186.116
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities - - - 486.867 - 486.867
Liabilitas lain-lain***)/
Other liabilities***) - - - 342.092 3.675.544 4.017.636
628.519.974 42.232.036 36.840.827 988.780.477 44.596.042 1.740.969.356
344
Page 1319
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
4. Risiko Pasar di luar Trading Book (lanjutan) 4. Market Risk Outside of Trading Book
(continued)
a. Risiko Tingkat Suku Bunga (lanjutan) a. Interest Rate Risk (continued)
Tabel di bawah ini mengikhtisarkan The tables below summarise the exposure
eksposur aset dan liabilitas keuangan of financial assets and liabilities to interest
terhadap risiko tingkat suku bunga (gross) rate risks (gross) (continued):
(lanjutan):
31 Desember 2025/December 31, 2025
Suku bunga mengambang/Floating interest rate
> 3 bulan
- 1 tahun/ Suku bunga Tidak dikenakan
< 3 bulan/ > 3 months > 1 tahun/ tetap/Fixed bunga/ Non-
Keterangan/Description < 3 months - 1 year > 1 year interest rate interest rate Jumlah/Total
Perbedaan (gap) repricing suku
bunga antara aset
dan liabilitas keuangan/
Difference (gap)
repricing interest
rate in Financial
Assets and Liabilities (457.827.440) 169.266.866 396.687.285 261.845.474 4.045.347 374.017.532
*) Penyertaan saham yang tidak memiliki pengaruh signifikan/Investment in shares with no significant influence.
**) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
***) Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas sewa, dan term deposit valas devisa hasil ekspor Bank Indonesia/Other liabilities consist of interest
payables, security deposits, lease liabilities, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
31 Desember 2024/December 31, 2024
Suku bunga mengambang/Floating interest rate
> 3 bulan
- 1 tahun/ Suku bunga Tidak dikenakan
< 3 bulan/ > 3 months > 1 tahun/ tetap/Fixed bunga/ Non-
Keterangan/Description < 3 months - 1 year > 1 year interest rate interest rate Jumlah/Total
Aset/Assets
Kas/Cash - - - - 29.783.642 29.783.642
Giro pada Bank Indonesia/
Current accounts with
Bank Indonesia 88.878.969 - - - - 88.878.969
Giro pada Bank lain/
Current accounts with other banks 25.582.825 - - - - 25.582.825
Penempatan pada Bank Indonesia
Dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 56.609.178 1.265.157 - - - 57.874.335
Efek-efek/Securities
Nilai wajar melalui laba rugi/
Fair value through profit or loss - - - 23.418.752 - 23.418.752
Nilai wajar melalui
Penghasilan komprehensif lain
Fair value through other
comprehensive income - - - 167.876.286 - 167.876.286
Biaya perolehan diamortisasi/
Amortized cost - - - 135.240.662 - 135.240.662
Wesel ekspor dan tagihan
Lainnya/Export bills and
other receivables 40.656.822 - - - - 40.656.822
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 16.845.690 - - - - 16.845.690
Tagihan derivatif/
Derivative receivables - - - - 1.087.048 1.087.048
345
Page 1320
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
4. Risiko Pasar di luar Trading Book (lanjutan) 4. Market Risk Outside of Trading Book
(continued)
a. Risiko Tingkat Suku Bunga (lanjutan) a. Interest Rate Risk (continued)
Tabel di bawah ini mengikhtisarkan The tables below summarise the exposure
eksposur aset dan liabilitas keuangan of financial assets and liabilities to interest
terhadap risiko tingkat suku bunga (gross) rate risks (gross) (continued):
(lanjutan):
31 Desember 2024/December 31, 2024
Suku bunga mengambang/Floating interest rate
> 3 bulan
- 1 tahun/ Suku bunga Tidak dikenakan
< 3 bulan/ > 3 months > 1 tahun/ tetap/Fixed bunga/ Non-
Keterangan/Description < 3 months - 1 year > 1 year interest rate interest rate Jumlah/Total
Aset (lanjutan)/Assets (continued)
Kredit yang diberikan/Loans
Mikro/Micro 722.947 58.204 67.977 574.697.000 - 575.546.128
Ritel/Retail 50.969.903 115.147.598 174.692.870 137.617.331 - 478.427.702
Korporasi/Corporate 26.533.929 48.305.207 169.505.123 - - 244.344.259
Pinjaman syariah/Sharia loans - - - 49.889.082 - 49.889.082
Piutang sewa pembiayaan/
Finance lease receivables 1.664 - - 6.431.944 - 6.433.608
Tagihan akseptasi/
Acceptance receivables 5.297.265 4.808.108 - - - 10.105.373
Penyertaan saham*)/
Investment in shares*) - - - - 1.550.814 1.550.814
Aset lain-lain**)/Other assets**) 916 - - 11.619.025 9.890.041 21.509.982
312.100.108 169.584.274 344.265.970 1.106.790.082 42.311.545 1.975.051.979
Liabilitas/Liabilities
Liabilitas segera/
Liabilities due immediately - - - - 36.821.661 36.821.661
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 258.851.644 - - 115.702.696 - 374.554.340
Tabungan/Saving deposits 182.275.410 - - 362.151.537 - 544.426.947
Deposito berjangka/
Time deposits 107.405.409 174.444.295 163.281.906 1.337.207 - 446.468.817
Simpanan dari bank lain
dan lembaga keuangan lain/
Deposits from other banks
And other financial institutions 14.598.102 79.880 1.500 - - 14.679.482
Efek-efek yang dijual dengan
janji dibeli kembali/
Securities sold under
agreement to repurchased 10.191.491 14.852.226 - - - 25.043.717
Liabilitas derivative/
Derivative payables - - - - 1.585.120 1.585.120
Liabilitas akseptasi/
Acceptance payable 5.297.265 4.808.108 - - - 10.105.373
Surat berharga yang diterbitkan/
Marketable securities issued - - - 32.502.499 - 32.502.499
Pinjaman yang diterima/
Fund borrowings 65.037.607 15.592.776 29.763.437 17.485.984 - 127.879.804
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities - - - 491.781 - 491.781
Liabilitas lain-lain***)/
Other liabilities***) - - - 333.970 7.064.305 7.398.275
643.656.928 209.777.285 193.046.843 530.005.674 45.471.086 1.621.957.816
346
Page 1321
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. MANAJEMEN RISIKO (lanjutan) 39. RISK MANAGEMENT (continued)
Manajemen Risiko Pasar (lanjutan) Market Risk Management (continued)
4. Risiko Pasar di luar Trading Book (lanjutan) 4. Market Risk Outside of Trading Book
(continued)
a. Risiko Tingkat Suku Bunga (lanjutan) a. Interest Rate Risk (continued)
Tabel di bawah ini mengikhtisarkan The tables below summarise the exposure
eksposur aset dan liabilitas keuangan of financial assets and liabilities to interest
terhadap risiko tingkat suku bunga (gross) rate risks (gross) (continued):
(lanjutan):
31 Desember 2024/December 31, 2024
Suku bunga mengambang/Floating interest rate
> 3 bulan
- 1 tahun/ Suku bunga Tidak dikenakan
< 3 bulan/ > 3 months > 1 tahun/ tetap/Fixed bunga/ Non-
Keterangan/Description < 3 months - 1 year > 1 year interest rate interest rate Jumlah/Total
Perbedaan (gap) repricing suku
bunga antara aset
dan liabilitas keuangan/
Difference (gap)
repricing interest
rate in Financial
Assets and Liabilities (331.556.820) (40.193.011) 151.219.127 576.784.408 (3.159.541) 353.094.163
*) Penyertaan saham yang tidak memiliki pengaruh signifikan/Investment in shares with no significant influence.
**) Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah,
dan term deposit valas devisa hasil ekspor Bank Indonesia/Other assets consist of receivables from government related to KUR disbursement, interest receivables, other
receivables, accrued income based on sharia principles, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
***) Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas sewa, dan term deposit valas devisa hasil ekspor Bank Indonesia/Other liabilities consist of interest
payables, security deposits, lease liabilities, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
40. NILAI WAJAR ASET DAN LIABILITAS 40. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN LIABILITIES
Tabel di bawah ini menyajikan perbandingan antara The tables below represent the comparison of the
nilai tercatat dan nilai wajar dari aset dan liabilitas carrying values and fair values of financial assets and
keuangan. Nilai wajar yang diungkapkan liabilities. The fair values disclosed below are based
berdasarkan informasi relevan yang tersedia pada on relevant information available as of December 31,
tanggal-tanggal 31 Desember 2025 dan 2025 and 2024 are not updated to reflect changes in
2024 dan tidak diperbaharui untuk mencerminkan market conditions which have occurred
perubahan dalam kondisi pasar yang telah terjadi subsequently.
setelah tanggal tersebut.
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Nilai tercatat/ Nilai wajar/ Nilai tercatat/ Nilai wajar/
Carrying Value Fair Value Carrying Value Fair Value
Aset Assets
Kas 32.044.482 32.044.482 29.783.642 29.783.642 Cash
Giro pada Bank Indonesia 31.929.608 31.929.608 88.878.969 88.878.969 Current account with Bank Indonesia
Giro pada bank lain 42.433.308 42.433.308 25.574.447 25.574.447 Current account with other banks
Penempatan pada Bank Indonesia dan Placement with Bank Indonesia and
lembaga keuangan lain 21.054.805 21.054.805 57.873.568 57.873.568 other financial institution
Efek-efek Securities
Nilai wajar melalui laba rugi 24.963.703 24.963.703 23.418.752 23.418.752 Fair value through profit or loss
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain 166.052.833 166.052.833 167.876.286 167.876.286 comprehensive income
Biaya perolehan diamortisasi 181.626.747 184.136.469 135.181.839 133.020.189 Amortized cost
Wesel ekspor dan tagihan lainnya 47.786.585 47.786.585 39.581.263 39.581.263 Export bills and other receivables
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 24.452 24.452 16.845.690 16.845.690 agreement to resell
Tagihan derivatif 1.167.029 1.167.029 1.087.048 1.087.048 Derivatives receivable
347
Page 1322
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
40. NILAI WAJAR ASET DAN LIABILITAS 40. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Tabel di bawah ini menyajikan perbandingan antara The tables below represent the comparison of the
nilai tercatat dan nilai wajar dari aset dan liabilitas carrying values and fair values of financial assets
keuangan. Nilai wajar yang diungkapkan and liabilities. The fair values disclosed below are
berdasarkan informasi relevan yang tersedia pada based on relevant information available as of
tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 are not updated to
2024 dan tidak diperbaharui untuk mencerminkan reflect changes in market conditions which have
perubahan dalam kondisi pasar yang telah terjadi occurred subsequently. (continued)
setelah tanggal tersebut. (lanjutan)
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Nilai tercatat/ Nilai wajar/ Nilai tercatat/ Nilai wajar/
Carrying Value Fair Value Carrying Value Fair Value
Aset (lanjutan) Assets (continued)
Kredit yang diberikan dan
pinjaman syariah 1.434.185.966 1.356.079.132 1.267.309.250 1.185.398.044 Loans, sharia loans
Piutang sewa pembiayaan 4.241.235 2.579.394 6.268.018 3.464.637 Finance lease receivables
Tagihan akseptasi 13.046.341 13.046.341 9.783.690 9.783.690 Acceptances receivable
Penyertaan saham*) 1.249.588 1.249.588 1.550.814 1.550.814 Investment in shares*)
Aset lain-lain**) 29.520.629 29.520.629 21.509.982 21.509.982 Other assets**)
Total 2.031.327.311 1.954.068.358 1.892.523.258 1.805.647.021 Total
Liabilitas Liabilities
Liabilitas segera 39.818.745 39.818.745 36.821.661 36.821.661 Liabilities due immediately
Simpanan nasabah Deposits from customers
Giro 448.203.670 448.203.670 374.554.340 374.554.340 Demand deposits
Tabungan 587.585.862 587.585.862 544.426.947 544.426.947 Saving deposits
Deposito berjangka 431.054.307 431.054.307 446.468.817 446.468.817 Time deposits
Simpanan dari bank lain dan lembaga Deposits from other banks and
keuangan lainnya financial institutions
Giro 4.086.133 4.086.133 2.819.869 2.819.869 Demand deposits
Tabungan 5.619 5.619 6.185 6.185 Saving deposits
Deposito berjangka dan deposit on call 4.284.983 4.284.983 3.103.656 3.103.656 Time deposits and deposits on call
Inter-bank call money 9.224.701 9.224.701 8.749.772 8.749.772 Inter-bank call money
Efek-efek yang dijual dengan janji Securities sold under agreement
dibeli kembali 27.932.749 27.932.749 25.043.717 25.043.717 to repurchase
Liabilitas derivatif 1.101.753 1.101.753 1.585.120 1.585.120 Derivatives payable
Liabilitas akseptasi 13.078.567 13.078.567 10.105.373 10.105.373 Acceptances payable
Surat berharga yang diterbitkan 40.901.648 40.307.817 32.502.499 32.838.975 Marketable securites issued
Pinjaman yang diterima 129.186.116 129.186.116 127.879.804 127.879.804 Fund borrowings
Pinjaman dan surat berharga Subordinated loans and marketable
subordinasi 486.867 504.985 491.781 506.044 securities
Liabilitas lain-lain***) 4.017.636 4.017.636 7.398.275 7.398.275 Other liabilities***)
Total 1.740.969.356 1.740.393.643 1.621.957.816 1.622.308.555 Total
*) *)
Penyertaan saham yang tidak memiliki pengaruh signifikan. Investment in shares with no significant influence.
**) **)
Aset lain-lain terdiri atas tagihan kepada pemerintah terkait pemberian KUR, piutang Other assets consist of receivables from government related to KUR disbursement,
bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, interest receivables, other receivables, accrued income based on sharia principles,
dan term deposit valas devisa hasil ekspor Bank Indonesia. and foreign currency term deposit for foreign exchange proceeds of export Bank
***)
Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas sewa, dan term Indonesia.
***)
deposit valas devisa hasil ekspor Bank Indonesia Other liabilities consist of interest payables, security deposits, lease liabilities, and
foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia.
348
Page 1323
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
40. NILAI WAJAR ASET DAN LIABILITAS 40. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Metode dan asumsi yang digunakan untuk perkiraan Methods and assumptions used to estimate fair value
nilai wajar adalah sebagai berikut: are as follows:
a) Nilai wajar aset dan liabilitas keuangan tertentu, a) The fair values of certain financial assets and
kecuali efek-efek yang diukur melalui biaya liabilities, except for securities are classified as
perolehan diamortisasi, kredit yang diberikan, amortized cost, loans, sharia loans, finance
pinjaman syariah, piutang sewa pembiayaan, lease receivables, marketable securities issued
surat berharga yang diterbitkan serta pinjaman and subordinated loans and marketable
dan surat berharga subordinasi, mendekati nilai securities approximate their carrying values due
tercatatnya karena mempunyai jangka waktu to their short-term maturities.
jatuh tempo yang singkat.
Estimasi nilai wajar terhadap aset keuangan The estimated fair values of certain financial
tertentu ditetapkan berdasarkan diskonto arus assets are determined based on discounted
kas dengan menggunakan suku bunga pasar cash flows using money market interest rates for
uang yang berlaku untuk utang dengan risiko debts with similar credit risk and remaining
kredit dan sisa jatuh tempo yang serupa. maturities.
Estimasi nilai wajar terhadap liabilitas keuangan The estimates of the fair value of certain financial
tertentu yang tidak memiliki kuotasi di pasar liabilities which are not quoted in an active
aktif ditetapkan berdasarkan diskonto arus kas market are determined based on discounted
dengan menggunakan suku bunga utang baru cash flows using interest rates of a new debt with
dengan sisa jatuh tempo yang serupa. similar remaining maturities.
b) Efek-efek b) Securities
Nilai wajar untuk efek-efek yang diukur melalui The fair values of securities classified as
biaya perolehan diamortisasi ditetapkan amortized cost are determined based on market
berdasarkan harga pasar atau harga kuotasi prices or quoted price of intermediary
perantara (broker)/pedagang efek (dealer). Jika (broker)/securities traders (dealers). If the
informasi ini tidak tersedia, nilai wajar diestimasi information is not available, the fair values are
dengan menggunakan harga pasar kuotasi efek estimated by using quoted market price of
yang memiliki karakteristik kredit, jatuh tempo securities with similar credit characteristics,
dan yield yang serupa. maturities and yields.
c) Kredit yang diberikan dan Pinjaman syariah c) Loans and sharia loans
Portofolio kredit BRI secara umum terdiri dari BRI's loan portfolio generally consists of loans
kredit yang diberikan dengan suku bunga with floating and fixed interest rates. Loans are
mengambang dan suku bunga tetap. Kredit stated at the carrying amount. The fair value of
yang diberikan dinyatakan berdasarkan jumlah loans represents the discounted value of
nilai tercatat. Nilai wajar dari kredit yang estimated future cash flows expected to be
diberikan menunjukkan nilai diskon dari received by BRI. The estimated future cash flow
perkiraan arus kas masa depan yang is discounted using market interest rate to
diharapkan akan diterima oleh BRI. Perkiraan determine the fair value.
arus kas ini didiskontokan dengan
menggunakan suku bunga pasar untuk
menentukan nilai wajar.
Portofolio pinjaman syariah secara umum Sharia loans portfolio generally has a floating
memiliki tingkat margin mengambang dan margin and short-term sharia loans has a fixed
pinjaman syariah yang diberikan dengan jangka margin.
pendek dengan tingkat margin tetap.
349
Page 1324
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
40. NILAI WAJAR ASET DAN LIABILITAS 40. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Metode dan asumsi yang digunakan untuk perkiraan Methods and assumptions used to estimate fair value
nilai wajar adalah sebagai berikut (lanjutan): are as follows (continued):
d) Piutang sewa pembiayaan d) Finance lease receivables
Nilai wajar dihitung berdasarkan model diskonto The fair values are calculated based on the
arus kas dengan menggunakan tingkat suku discounted cash flow models using market rates
bunga pasar untuk sisa periode jatuh tempo. for the remaining maturity period.
e) Tagihan dan liabilitas derivatif e) Derivative receivables and payables
Nilai wajar atas instrumen derivatif yang dinilai The fair values of derivatives instrument are
menggunakan teknik penilaian dengan assesed using valuation techniques that use
menggunakan komponen yang dapat diamati di components which can be observed in the
pasar terutama adalah swap suku bunga, swap market, which include primarily interest rate
mata uang dan kontrak pertukaran mata uang. swaps, currency swaps and currency exchange
Teknik penilaian yang paling banyak digunakan contracts. The most widely used valuation
meliputi model penilaian forward dan swap techniques include forward and swap valuation
yang menggunakan perhitungan nilai kini. models using present value calculation. The
Model tersebut menggabungkan berbagai models incorporate various components which
komponen yang meliputi kualitas kredit dari include the credit quality of the counterparty, spot
counterparty, nilai spot dan kontrak berjangka value and future contracts as well as interest rate
serta kurva tingkat suku bunga. curve.
f) Pinjaman yang diterima, surat berharga yang f) Fund borrowings, marketable securities issued
diterbitkan dan pinjaman dan surat berharga and subordinated loans and marketable
subordinasi securities
Nilai wajar dihitung berdasarkan model diskonto The fair values are calculated based on the
arus kas dengan menggunakan tingkat suku discounted cash flow models using market rates
bunga pasar untuk sisa periode jatuh tempo. for the remaining maturity period.
Tabel di bawah ini menyajikan instrumen keuangan The following tables present financial instruments
yang diakui pada nilai wajar berdasarkan hierarki recognized at fair value based on the hierarchy used
yang digunakan BRI dan entitas anaknya untuk by BRI and its subsidiaries to determine and disclose
menentukan dan mengungkapkan nilai wajar dari the fair value of financial instruments (Note 2c):
instrumen keuangan (Catatan 2c):
31 Desember 2025/December 31, 2025
Nilai wajar/ Level 1/ Level 2/ Level 3/
Fair value Level 1 Level 2 Level 3
Aset keuangan Financial Assets
Nilai wajar melalui laba rugi Fair value through profit or loss
Sertifikat Bank Indonesia 10.478.947 10.478.947 - - Certificate of Bank Indonesia
Obligasi Pemerintah 4.967.519 4.967.519 - - Government Bonds
Reksadana 4.017.364 4.017.364 - - Mutual Fund
U.S. Treasury Bonds 3.884.222 3.884.222 - - U.S. Treasury Bonds
Tagihan derivatif 1.167.029 - 1.167.029 - Derivative Receivables
Obligasi 322.117 322.117 - - Bonds
Lainnya 1.293.534 1.293.534 - - Others
26.130.732 24.963.703 1.167.029 -
350
Page 1325
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
40. NILAI WAJAR ASET DAN LIABILITAS 40. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Tabel di bawah ini menyajikan instrumen keuangan The following tables present financial instruments
yang diakui pada nilai wajar berdasarkan hierarki recognized at fair value based on the hierarchy used
yang digunakan BRI dan entitas anaknya untuk by BRI and its subsidiaries to determine and disclose
menentukan dan mengungkapkan nilai wajar dari the fair value of financial instruments (Note 2c)
instrumen keuangan (Catatan 2c) (lanjutan): (continued):
31 Desember 2025/December 31, 2025
Nilai wajar/ Level 1/ Level 2/ Level 3/
Fair value Level 1 Level 2 Level 3
Aset keuangan Financial Assets
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Obligasi Pemerintah 90.565.947 90.565.947 - - Government Bonds
Sertifikat Bank Indonesia 33.455.477 33.455.477 - - Certificate of Bank Indonesia
Reksadana 19.073.305 19.073.305 - - Mutual Fund
Obligasi 15.375.079 15.375.079 - - Bonds
U.S. Treasury Bonds 2.488.344 2.488.344 - - U.S. Treasury Bonds
Monetary Authority of Singapore Monetary Authority of Singapore
(MAS) Bills 2.339.792 2.339.792 - - (MAS) Bills
U.S. Treasury Bills 1.997.103 1.997.103 - - U.S. Treasury Bills
Singapore Government Securities 430.543 430.543 - - Singapore Government Securities
Negotiable Certificate of Deposit 154.096 154.096 - - Negotiable Certificate of Deposit
Obligasi Pemerintah Taiwan 106.429 106.429 - - Taiwan Government Bonds
Medium-Term Note 59.997 59.997 - - Medium-Term Note
Lainnya 6.721 6.721 - - Others
166.052.833 166.052.833 - -
Biaya perolehan diamortisasi Amortized cost
Obligasi Pemerintah 144.067.566 144.067.566 - - Government Bonds
Sertifikat Rupiah Bank Indonesia - - Ownership of Bank Indonesia
428.394 428.394 Rupiah Securities
Obligasi 411.458 411.458 - - Bonds
Monetary Authority of Singapore Monetary Authority of Singapore
(MAS) Bills 258.999 258.999 - - (MAS) Bills
Medium-Term Note 10.175 10.175 - - Medium -Term Note
Lainnya 38.959.877 38.959.877 Others
184.136.469 184.136.469 - -
Kredit yang diberikan,
Pinjaman syariah, dan Loans, Sharia loans,
Piutang sewa pembiayaan and Finance lease receivables
Kredit yang diberikan
dan pinjaman syariah 1.356.079.132 - 1.328.339.175 27.739.957 Loans and sharia loans
Piutang sewa pembiayaan 2.579.394 - 2.579.394 - Finance lease receivables
1.358.658.526 - 1.330.918.569 27.739.957
Total aset keuangan 1.734.978.560 375.153.005 1.332.085.598 27.739.957 Total financial assets
31 Desember 2025/December 31, 2025
Nilai wajar/ Level 1/ Level 2/ Level 3/
Fair value Level 1 Level 2 Level 3
Liabilitas keuangan Financial liabilities
Nilai wajar melalui laba rugi Fair value through profit or loss
Liabilitas derivatif 1.101.753 - 1.101.753 - Derivative payable
Liabilitas keuangan lainnya Other financial liabilities
Surat berharga yang diterbitkan 40.307.817 40.307.817 - - Marketable securities issued
Pinjaman dan surat berharga Subordinated loans and marketables
subordinasi 504.985 504.985 - - securities
40.812.802 40.812.802 - -
Total liabilitas keuangan 41.914.555 40.812.802 1.101.753 - Total financial liabilities
351
Page 1326
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
40. NILAI WAJAR ASET DAN LIABILITAS 40. FAIR VALUE OF FINANCIAL ASSETS AND
KEUANGAN (lanjutan) LIABILITIES (continued)
Tabel di bawah ini menyajikan instrumen keuangan The following tables present financial instruments
yang diakui pada nilai wajar berdasarkan hierarki recognized at fair value based on the hierarchy used
yang digunakan BRI dan entitas anaknya untuk by BRI and its subsidiaries to determine and disclose
menentukan dan mengungkapkan nilai wajar dari the fair value of financial instruments (Note 2c)
instrumen keuangan (Catatan 2c) (lanjutan): (continued):
31 Desember 2024/December 31, 2024
Nilai wajar/ Level 1/ Level 2/ Level 3/
Fair value Level 1 Level 2 Level 3
Aset keuangan Financial Assets
Nilai wajar melalui laba rugi Fair value through profit or loss
Sertifikat Bank Indonesia 8.673.481 8.673.481 - - Certificate of Bank Indonesia
Reksadana 7.647.608 7.647.608 - - Mutual Fund
Obligasi Pemerintah 4.958.680 4.958.680 - - Government Bonds
Tagihan derivatif 1.087.048 - 1.087.048 - Derivative Receivables
Obligasi 495.643 495.643 - - Bonds
U.S. Treasury Bonds 48.284 48.284 - - U.S. Treasury Bonds
Lainnya 1.595.056 1.595.056 - - Others
24.505.800 23.418.752 1.087.048 -
Aset keuangan Financial Assets
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Obligasi Pemerintah 109.804.111 109.804.111 - - Government Bonds
Sertifikat Bank Indonesia 23.232.619 23.232.619 - - Certificate of Bank Indonesia
Obligasi 14.762.479 14.762.479 - - Bonds
Reksadana 15.072.656 15.072.656 - - Mutual Fund
U.S. Treasury Bonds 1.636.119 1.636.119 - - U.S. Treasury Bonds
Monetary Authority of Singapore Monetary Authority of Singapore
(MAS) Bills 1.474.472 1.474.472 - - (MAS) Bills
U.S. Treasury Bills 1.010.772 1.010.772 - - U.S. Treasury Bills
Singapore Government Securities 586.480 586.480 - - Singapore Government Securities
Medium-Term Note 211.028 211.028 - - Medium-Term Note
Negotiable Certificate of Deposit 63.820 63.820 - - Negotiable Certificate of Deposit
Lainnya 21.730 21.730 - - Others
167.876.286 167.876.286 - -
Biaya perolehan diamortisasi Amortized cost
Obligasi Pemerintah 108.578.396 108.578.396 - - Government Bonds
Obligasi 667.259 667.259 - - Bonds
Sertifikat Rupiah Bank Indonesia Ownership of Bank Indonesia
326.118 326.118 - - Rupiah Securities
Medium -Term Note 10.175 10.175 - - Medium-Term Note
Lainnya 23.438.242 23.438.242 - - Others
133.020.190 133.020.190 - -
Kredit yang diberikan,
Pinjaman syariah, dan Loans, Sharia loans,
Piutang sewa pembiayaan and Finance lease receivables
Kredit yang diberikan
dan pinjaman syariah 1.185.398.044 - 1.059.313.465 126.084.579 Loans and sharia loans
Piutang sewa pembiayaan 3.464.637 - 3.450.141 14.496 Finance lease receivables
1.188.862.681 - 1.062.763.606 126.099.075
Total aset keuangan 1.514.264.957 324.315.228 1.063.850.654 126.099.075 Total financial assets
Liabilitas keuangan Financial liabilities
Nilai wajar melalui laba rugi Fair value through profit or loss
Liabilitas derivatif 1.585.120 - 1.585.120 - Derivative payable
Liabilitas keuangan lainnya Other financial liabilities
Surat berharga yang diterbitkan 32.838.975 32.838.975 - - Marketable securities issued
Pinjaman dan surat berharga Subordinated loans and marketables
subordinasi 506.044 506.044 - - securities
33.345.019 33.345.019 - -
Total liabilitas keuangan 34.930.139 33.345.019 1.585.120 - Total financial liabilities
352
Page 1327
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
41. SEGMEN OPERASI 41. OPERATING SEGMENT
Berikut adalah informasi keuangan tertentu untuk Information concerning the segments of BRI and
BRI dan entitas anak: Subsidiaries are as follows:
a. Bidang Usaha a. Business Field
Bidang Usaha/
Nama Perusahaan Business Field Company Name
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk Perusahaan Perbankan Konvensional/Conventional Banking (Persero) Tbk
PT Bank Raya Indonesia Tbk Perusahaan Perbankan Konvensional/Conventional Banking PT Bank Raya Indonesia Tbk
BRI Global Financial Services Co. Ltd. Perusahaan Jasa Keuangan/Financial Service BRI Global Financial Services Co. Ltd.
PT Asuransi BRI Life Perusahaan Asuransi Jiwa/Life Insurance PT Asuransi BRI Life
PT BRI Multifinance Indonesia Perusahaan Pembiayaan/Financing Company PT BRI Multifinance Indonesia
PT BRI Danareksa Sekuritas Perusahaan Sekuritas/Securities Company PT BRI Danareksa Sekuritas
PT BRI Ventura Investama Perusahaan Modal Ventura/Venture Capital Company PT BRI Ventura Investama
PT BRI Asuransi Indonesia Perusahaan Asuransi/General Insurance PT BRI Asuransi Indonesia
PT Pegadaian Perusahaan Pembiayaan/Financing Company PT Pegadaian
PT Permodalan Nasional Madani Perusahaan Pembiayaan/Financing Company PT Permodalan Nasional Madani
PT BRI Manajemen Investasi Perusahaan Investasi/ Investment Company PT BRI Manajemen Investasi
b. Segmen Operasi b. Operating Segment
Untuk kepentingan manajemen, BRI For management purposes, BRI is organized
diorganisasikan ke dalam 5 (lima) segmen into 5 (five) operating segments based on
operasional berdasarkan produk sebagai products which are as follows:
berikut:
Segmen Mikro Micro Segment
Segmen Ritel Retail Segment
Segmen Korporasi Corporate Segment
Segmen Lainnya Other Segments
Entitas Anak Subsidiaries
353
Page 1328
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
41. SEGMEN OPERASI (lanjutan) 41. OPERATING SEGMENT (continued)
Berikut adalah informasi keuangan tertentu untuk Information concerning the segments of BRI and
BRI dan entitas anak (lanjutan): Subsidiaries are as follows (continued):
b. Segmen Operasi (lanjutan) b. Operating Segment (continued)
Berikut ini adalah informasi segmen BRI dan The following is information on segments of BRI
entitas anak: and its subsidiaries:
Tanggal 31 Desember 2025 dan untuk tahun yang berakhir pada tanggal tersebut/
As of December 31, 2025 and for the year then ended
Korporasi/ Lainnya/ Entitas Anak/
Keterangan Mikro/Micro Ritel/Retail Corporate Others Subsidiaries Jumlah/Total Description
Pendapatan bunga, Interest, premium, and
premi, jasa asuransi, service insurance,
dan emas - neto 59.044.058 32.255.506 9.478.010 13.212.058 40.205.946 154.195.578 gold income - net
Pendapatan Other operating
operasional lainnya 18.545.706 18.606.435 4.637.998 8.497.300 3.393.753 53.681.192 Income
Total pendapatan 77.589.764 50.861.941 14.116.008 21.709.358 43.599.699 207.876.770 Total income
Beban operasional Other operating
lainnya (31.757.802) (27.054.294) (2.061.216) (813.491) (26.760.083) (88.446.886) expense
Beban CKPN (22.806.153) (17.879.195) (347.855) (45.816) (5.102.984) (46.182.003) impairment losses
Total beban (54.563.955) (44.933.489) (2.409.071) (859.307) (31.863.067) (134.628.889) Total expense
Pendapatan (beban)
non operasional Non operating income
- neto (177.816) (136.427) (13.778) (100.195) (26.846) (455.062) (expense) - net
Laba sebelum Income before
beban pajak 22.847.993 5.792.025 11.693.159 20.749.856 11.709.786 72.792.819 tax expense
Beban pajak (4.341.119) (1.100.485) (2.144.129) (4.211.631) (3.863.090) (15.660.454) Tax expense
Laba Bersih 18.506.874 4.691.540 9.549.030 16.538.225 7.846.696 57.132.365 Net Income
Aset segmen Segment asset
Kredit yang diberikan
- bruto 470.771.691 519.878.040 342.517.850 - 127.561.837 1.460.729.418 Loans - gross
Total aset 442.572.166 495.119.915 332.077.908 593.485.169 263.986.425 2.127.241.583 Total assets
Liabilitas segmen Segment liabilities
Total simpanan Total depostis
nasabah 387.171.592 528.756.379 541.291.045 - 9.624.823 1.466.843.839 from customers
Total liabilitas 387.171.592 528.756.379 544.160.724 152.427.783 191.913.193 1.804.429.671 Total liabilities
Tanggal 31 Desember 2024 dan untuk tahun yang berakhir pada tanggal tersebut/
As of December 31, 2024 and for the year then ended
Korporasi/ Lainnya/ Entitas Anak/
Keterangan Mikro/Micro Ritel/Retail Corporate Others Subsidiaries Jumlah/Total Description
Pendapatan bunga, Interest, premium, and
premi, jasa asuransi, service insurance,
dan emas - net 60.247.932 29.675.882 5.734.424 14.890.584 33.979.842 144.528.664 gold income - net
Pendapatan Other operating
operasional lainnya 24.234.718 20.665.454 3.295.294 2.565.165 3.187.698 53.948.329 Income
Total pendapatan 84.482.650 50.341.336 9.029.718 17.455.749 37.167.540 198.476.993 Total income
Beban operasional Other operating
Lainnya (33.545.590) (23.893.122) (2.365.500) (1.380.504) (20.915.502) (82.100.218) expense
Provision for
Beban CKPN (21.435.233) (15.398.573) 3.606.617 87.467 (5.021.206) (38.160.928) impairment losses
Total beban (54.980.823) (39.291.695) 1.241.117 (1.293.037) (25.936.708) (120.261.146) Total expense
Pendapatan (beban)
non operasional Non operating income
- neto (574.254) (395.266) (41.718) (41.875) 89.460 (963.653) (expense) - net
Laba sebelum Income before
beban pajak 28.927.573 10.654.375 10.229.117 16.120.837 11.320.292 77.252.194 tax expense
Beban pajak (5.496.239) (2.276.615) (2.043.114) (4.452.855) (2.677.025) (16.945.848) Tax expense
Laba Bersih 23.431.334 8.377.760 8.186.003 11.667.982 8.643.267 60.306.346 Net Income
354
Page 1329
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
41. SEGMEN OPERASI (lanjutan) 41. OPERATING SEGMENT (continued)
Berikut adalah informasi keuangan tertentu untuk Information concerning the segments of BRI and
BRI dan entitas anak (lanjutan): Subsidiaries are as follows (continued):
b. Segmen Operasi (lanjutan) b. Operating Segment (continued)
Berikut ini adalah informasi segmen BRI dan The following is information on segments of BRI
entitas anak (lanjutan): and its subsidiaries (continued):
Tanggal 31 Desember 2024 dan untuk tahun yang berakhir pada tanggal tersebut/
As of December 31, 2024 and for the year then ended
Korporasi/ Lainnya/ Entitas Anak/
Keterangan Mikro/Micro Ritel/Retail Corporate Others Subsidiaries Jumlah/Total Description
Aset segmen Segment asset
Kredit yang diberikan
- bruto 491.220.118 470.387.225 244.344.259 - 92.366.487 1.298.318.089 Loans - gross
Total aset 463.799.448 448.188.061 283.136.349 571.455.124 212.807.264 1.979.386.246 Total assets
Liabilitas segmen Segment liabilities
Total simpanan Total deposits
nasabah 382.926.442 509.274.340 465.246.630 - 8.002.692 1.365.450.104 from customers
Total liabilitas 382.926.442 509.274.340 480.589.371 146.711.717 149.370.020 1.668.871.890 Total liabilities
c. Segmen Geografis c. Geographical Segment
Berikut ini adalah informasi segmen BRI dan The following are information on the
entitas anak berdasarkan segmen geografis: geographical segment of BRI and its
subsidiaries:
Total Pendapatan/Total Income
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
Keterangan 2025 2024 Description
Indonesia 205.752.598 197.058.018 Indonesia
Amerika Serikat 651.152 515.456 United States of America
Singapura 1.085.751 585.615 Singapore
Timor-Leste 217.662 204.940 Timor-Leste
Hong Kong 45.374 29.473 Hong Kong
Taiwan 124.233 83.491 Taiwan
Total 207.876.770 198.476.993 Total
355
Page 1330
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
41. SEGMEN OPERASI (lanjutan) 41. OPERATING SEGMENT (continued)
Berikut adalah informasi keuangan tertentu untuk Information concerning the segments of BRI and
BRI dan entitas anak (lanjutan): Subsidiaries are as follows (continued):
c. Segmen Geografis (lanjutan) c. Geographical Segment (lanjutan)
Berikut ini adalah informasi segmen BRI dan The following are information on the
entitas anak berdasarkan segmen geografis geographical segment of BRI and its subsidiaries
(lanjutan): (continued):
Laba sebelum beban pajak/
Income before tax expense
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
Keterangan 2025 2024 Description
Indonesia 71.787.451 76.550.698 Indonesia
Amerika Serikat 376.846 224.679 United States of America
Singapura 396.280 260.519 Singapore
Timor-Leste 157.384 159.696 Timor-Leste
Hong Kong 18.368 9.177 Hong Kong
Taiwan 56.490 47.425 Taiwan
Total 72.792.819 77.252.194 Total
Total Aset/Total Assets
31 Desember 2025/ 31 Desember 2024/
Keterangan December 31, 2025 December 31, 2024 Description
Indonesia 2.016.249.550 1.897.297.699 Indonesia
Amerika Serikat 48.076.144 36.194.629 United States of America
Singapura 48.118.496 36.128.669 Singapore
Timor-Leste 8.340.523 6.411.050 Timor-Leste
Hong Kong 16.049 42.145 Hong Kong
Taiwan 6.440.821 3.312.054 Taiwan
Total 2.127.241.583 1.979.386.246 Total
Total Liabilitas/Total Liabilities
31 Desember 2025/ 31 Desember 2024/
Keterangan December 31, 2025 December 31, 2024 Description
Indonesia 1.696.194.903 1.588.255.466 Indonesia
Amerika Serikat 47.342.734 36.070.765 United States of America
Singapura 47.348.226 35.828.251 Singapore
Timor-Leste 7.767.282 5.953.655 Timor-Leste
Hong Kong - 13.893 Hong Kong
Taiwan 5.776.526 2.749.860 Taiwan
Total 1.804.429.671 1.668.871.890 Total
356
Page 1331
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA 42. EMPLOYEES PROGRAM
Cadangan atas program imbalan kerja bagi pekerja Provisions for employee benefit plans consist of:
terdiri atas:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Program cuti besar 3.982.118 3.839.231 Grand leaves
Program pemutusan hubungan kerja 3.126.957 4.022.400 Work separation scheme
Program penghargaan tanda jasa 4.268.104 2.867.342 Gratuity services program
Program pensiun imbalan pasti 2.662.200 1.070.315 Defined Benefit Pension Plan
Program kesehatan pasca kerja BPJS 2.624.533 809.080 Post-employment BPJS health program
Program masa persiapan pensiun 25.834 21.627 Pension preparation program
Total (Catatan 27) 16.689.746 12.629.995 Total (Note 27)
Penilaian aktuaria atas program imbalan kerja Actuarial assessment of the respective employee
masing-masing pada tanggal-tanggal 31 Desember benefit plans as of December 31, 2025 and 2024
2025 dan 2024 dilakukan oleh aktuaris independen performed by independent actuaries as follows:
sebagai berikut:
Tanggal Laporan/ Reporting Date
Aktuaris Independen/ 31 Desember 2025/ 31 Desember 2024/
Entitas Independent Actuarial December 31, 2025 December 31, 2024 Entity
Entitas induk KKA Enny Diah Awal 26 Jan/Jan 26, 2026 21 Jan/Jan 21, 2025 Parent entity
Entitas anak Subsidiaries
PT Bank Raya Indonesia Tbk KKA Enny Diah Awal 2 Jan/Jan 2, 2026 30 Des/Dec 30, 2024 PT Bank Raya Indonesia Tbk
PT Asuransi BRI Life KKA Riana & Rekan 26 Jan/Jan 26, 2026 14 Jan/Jan 14, 2025 PT Asuransi BRI Life
PT BRI Multifinance Indonesia KKA Enny Diah Awal 29 Des/Dec 29, 2025 30 Des/Dec 30, 2024 PT BRI Multifinance Indonesia
PT BRI Danareksa Sekuritas KKA Enny Diah Awal 5 Jan/Jan 5, 2026 30 Des/Dec 30, 2024 PT BRI Danareksa Sekuritas
PT BRI Ventura Investama KKA Enny Diah Awal 29 Des/Dec 29, 2025 23 Des/Dec 23, 2024 PT BRI Ventura Investama
PT BRI Asuransi Indonesia KKA Steven & Mourits 3 Jan/Jan 3, 2026 3 Jan/Jan 3, 2025 PT BRI Asuransi Indonesia
PT Pegadaian KKA Agus Susanto 30 Des/Dec 30, 2025 9 Jan/Jan 9, 2025 PT Pegadaian
PT Permodalan Nasional Madani KKA Riana & Rekan 5 Jan/Jan 5, 2026 3 Jan/Jan 3, 2025 PT Permodalan Nasional Madani
PT BRI Manajemen Investasi KKA Enny Diah Awal 30 Des/Dec 30, 2025 30 Des/Dec 30, 2024 PT BRI Manajemen Investasi
a. Program Pensiun Imbalan Pasti a. Defined Benefit Pension Plan
Efektif tanggal 1 Januari 2007, semua pekerja Effective on January 1, 2007, all newly appointed
yang baru diangkat sebagai pekerja tetap tidak permanent employees are not included in this
diikutsertakan dalam program ini dan hak atas program and the right for pension benefits is
manfaat pensiun diberikan berdasarkan given based on the established requirements
persyaratan yang ditetapkan dalam peraturan stated in the regulations by considering the
dengan memperhatikan faktor penghargaan annual gratuity factor over the working period
per tahun masa kerja dan penghasilan dana and income on the pension fund. BRI’s pension
pensiun. Program dana pensiun BRI dikelola plan is managed by Dana Pensiun BRI (DPBRI).
oleh Dana Pensiun BRI (DPBRI). Sesuai According to the provisions stipulated in BRI
ketentuan yang diatur dalam Surat Keputusan Board of Directors’ Decree, BRI employee’s
Direksi BRI, kontribusi pekerja BRI untuk iuran contribution for pension contribution amounted
pensiun adalah sebesar 7% dari penghasilan to 7% of the employee’s pension-based salary
dasar pensiun pekerja dan atas sisa jumlah and for the remaining amount required to be
yang perlu didanakan kepada DPBRI funded by DPBRI represents the contribution by
merupakan kontribusi BRI, dimana kontribusi BRI, which is the BRI’s contribution is amounted
BRI sejak tanggal 1 Agustus 2024 adalah to 44.68% of pension-based salary since August
sebesar 44,68% dari penghasilan dasar 1, 2024.
pensiun.
357
Page 1332
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
a. Program Pensiun Imbalan Pasti (lanjutan) a. Defined Benefit Pension Plan (continued)
Penilaian aktuaria atas beban pensiun BRI The actuarial calculation of BRI’s pension costs
masing-masing pada tanggal 31 Desember as of December 31, 2025 and 2024 which was
2025 dan 2024 telah sesuai dengan PSAK No. prepared in accordance with SFAS No. 219
219 dengan menggunakan metode Projected using the Projected Unit Credit method and
Unit Credit serta mempertimbangkan asumsi- considering the following assumptions:
asumsi sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Entitas induk Parent entity
Tingkat diskonto 6,49% 7,10% Discount rate
Tingkat kenaikan penghasilan Basic pension salary
dasar pensiun sesuai tabel PhDP/ sesuai tabel PhDP/ growth rate
according to the according to the
PhDP table PhDP table
Tingkat kenaikan imbalan
pensiun 4,00 4,00 Pension benefit growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
Tingkat cacat jasmaniah 10,00% dari TMI/ 10,00% dari TMI/ Disability rate
from TMI 2019 from TMI 2019
Usia pensiun normal 56 Tahun/ Years 56 Tahun/ Years Normal retirement age
Entitas anak Subsidiary
Tingkat diskonto 5,90 - 7,10% 6,80 - 7,10% Discount rate
Tingkat kenaikan penghasilan Basic pension salary
dasar pensiun 5,00 5,00% growth rate
Tingkat kematian GAM 1971 GAM 1971 Mortality rate
Tingkat cacat jasmaniah 0,01% dari 0,01% dari Disability rate
tingkat kematian/ tingkat kematian/
form mortality form mortality
Usia pensiun normal 56 Tahun/ Years 56 Tahun/ Years Normal retirement age
Aset DPBRI terutama terdiri dari tabungan, The assets of DPBRI mainly consist of saving
deposito, efek-efek, unit penyertaan reksadana, deposits, time deposits, securities, mutual fund
efek beragunan aset dan investasi jangka units, securities with collateral assets and long-
panjang berupa saham dan properti. term investments in the form of shares of stocks
and property.
Mutasi atas nilai kini liabilitas pensiun Movements in present value of defined benefit
imbalan pasti masing-masing pada tanggal pension liabilities as of December 31, 2025 and
31 Desember 2025 dan 2024 adalah sebagai 2024 are as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai kini liabilitas pensiun imbalan Present value of defined benefit pension -
pasti awal tahun 27.429.747 28.417.112 beginning balance
Beban bunga 1.885.475 1.855.989 Interest expense
Biaya jasa kini 352.262 416.747 Current service cost
Biaya jasa lalu - 1.301 Past service cost
Pembayaran imbalan kerja (1.668.715) (1.568.239) Benefit paid
Kerugian/(keuntungan) aktuaria 1.637.218 (1.693.163) Actuarial loss/(gain)
Saldo akhir liabilitas pensiun Present value of defined benefit
imbalan pasti akhir tahun 29.635.987 27.429.747 pension liabilities ending balance
358
Page 1333
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
a. Program Pensiun Imbalan Pasti (lanjutan) a. Defined Benefit Pension Plan (continued)
Mutasi atas nilai wajar aset program masing- Movements in fair value of defined benefit
masing pada tanggal 31 Desember 2025 dan pension liabilities as of December 31, 2025 and
2024 adalah sebagai berikut: 2024 are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar aset program awal tahun 26.359.432 26.049.551 Fair value of program assets - beginning
Hasil pengembangan riil 1.639.166 1.519.969 Real development result
Pembayaran iuran-iuran Contributions paid -
pemberi kerja (Catatan 44) 560.737 368.903 employer (Note 44)
Pembayaran iuran-iuran Contributions paid -
peserta program 51.536 54.075 participants
Rugi aktuaria pada aset 31.631 (65.827) Actuarial loss of asset
Pembayaran imbalan kerja (1.668.715) (1.567.239) Benefit Paid
Total aset program 26.973.787 26.359.432 Total program assets
Mutasi atas kewajiban program pensiun Movements in defined benefit pension liabilities
imbalan pasti masing-masing pada tanggal as of December 31, 2025 and 2024 and are as
31 Desember 2025 dan 2024 adalah sebagai follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal 1.070.315 2.367.561 Beginning balance
Beban pensiun imbalan pasti - neto Defined benefit pension expense - net
(Catatan 35) 361.736 508.594 (Note 35)
Pembayaran iuran periode berjalan Contributions paid - current period
(Catatan 44) (560.737) (368.903) (Note44)
Pembayaran imbalan (119) (102) Compensation payment
Pengukuran kembali neto 1.791.005 (1.436.835) Remeasurement - net
Saldo akhir (Catatan 27) 2.662.200 1.070.315 Ending balance (Note 27)
Kerugian aktuaria yang diakui pada Actuarial loss recognized in other
penghasilan komprehensif lain pada tanggal comprehensive income as of December 31,
31 Desember 2025 dan 2024 adalah sebagai 2025 and 2024 are as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal 2.396.805 3.833.640 Beginning balance
Kerugian/(keuntungan) aktuaria 1.637.218 (1.693.163) Actuarial loss/(gain)
Imbal hasil atas aset program 153.787 256.328 Yields on program assets
Saldo akhir 4.187.810 2.396.805 Ending balance
Beban pensiun imbalan pasti untuk tahun yang Pension benefit expense calculation for the years
berakhir pada tanggal-tanggal 31 Desember ended December 31, 2025 and 2024, respectively,
2025 dan 2024 berdasarkan perhitungan in accordance with the actuarial calculation is as
aktuaris adalah sebagai berikut: follows:
359
Page 1334
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
a. Program Pensiun Imbalan Pasti (lanjutan) a. Defined Benefit Pension Plan (continued)
Beban pensiun imbalan pasti untuk tahun yang Pension benefit expense calculation for the
berakhir pada tanggal-tanggal 31 Desember years ended December 31, 2025 and 2024,
2025 dan 2024 berdasarkan perhitungan respectively, in accordance with the actuarial
aktuaris adalah sebagai berikut: calculation is as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Biaya jasa kini 352.262 416.747 Current service cost
Iuran peserta program (51.536) (54.972) Contributions paid - participants
Beban bunga - neto 61.010 145.518 Interest expense - net
Biaya jasa lalu - 1.301 Past service cost
(Pendapatan)/beban pensiun Defined benefit pension (income)/
imbalan pasti (Catatan 35) 361.736 508.594 expense (Note 35)
b. Program Tunjangan Hari Tua b. Retirement Benefits Plan
Pekerja BRI juga memperoleh manfaat dari BRI’s employees are also given retirement
pemberian Tunjangan Hari Tua (THT) sesuai benefits (THT) in accordance with the provisions
ketentuan yang diatur dalam Surat Keputusan stipulated in the Decree of the Board of Directors
Direksi BRI. Program THT dikelola oleh of BRI. BRI’s retirement benefits plan is
Yayasan Kesejahteraan Pekerja BRI. managed by BRI Employee Welfare Foundation.
Iuran THT terdiri dari iuran beban pekerja dan Retirement benefits contributions consist of
iuran beban BRI sesuai ketentuan yang diatur contributions from the employees and BRI in
dalam Surat Keputusan Direksi BRI. accordance with the provisions stipulated in the
Decree of BRI’s Board of Directors.
Berdasarkan perhitungan penilaian aktuaria Based on the actuarial calculation of BRI’s
atas THT masing-masing pada tanggal retirement benefits as of December 31, 2025 and
31 Desember 2025 dan 2024 telah sesuai 2024 it was prepared in accordance with SFAS
dengan PSAK No. 219 dengan menggunakan No. 219 using the Projected Unit Credit method
metode Projected Unit Credit serta and considering the following assumptions:
mempertimbangkan asumsi-asumsi sebagai
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Tingkat diskonto 6,61% 7,10% Discount Rate
Tingkat kenaikan penghasilan 6,50 7,50 Salary growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality Rate
Tingkat cacat jasmaniah 10,00% dari TMI/ 10,00% dari TMI/ Disability Rate
from TMI from TMI
2019 2019
360
Page 1335
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
b. Program Tunjangan Hari Tua (lanjutan) b. Retirement Benefits Plan (continued)
Status THT sesuai dengan penilaian aktuaria The status of the Retirement Benefits as of
masing-masing pada tanggal 31 Desember December 31, 2025 and 2024 in accordance with
2025 dan 2024 adalah sebagai berikut: the actuarial calculation are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar aset 7.100.391 6.643.982 Fair value of assets
Nilai kini liabilitas THT (3.494.143) (3.159.461) Present value of retirement benefits liabilities
Surplus 3.606.248 3.484.521 Surplus
Mutasi atas liabilitas THT masing-masing pada Movements of the Retirement Benefits liabilities
tanggal 31 Desember 2025 dan 2024 adalah as of December 31, 2025 and 2024 are as
sebagai berikut: follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal - - Beginning balance
Beban THT 195.397 269.751 Retirement benefits expense
Pengukuran kembali liabilitas THT Remeasurement of retirement benefits
- neto (27.246) (94.694) liabilities - net
Pembayaran iuran periode berjalan Contribution paid in current period
(Catatan 44) (168.151) (175.057) (Note 44)
Saldo akhir liabilitas - - Ending Balance of liability
Keuntungan aktuaria yang diakui pada Actuarial gain recognized in other
penghasilan komprehensif lain pada tanggal comprehensive income as of December 31,
31 Desember 2025 dan 2024 adalah sebagai 2025 and 2024 are as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal (988.524) (893.830) Beginning balance
Kerugian/(keuntungan) aktuaria 60.843 (1.030.337) Actuarial loss/(gain)
Imbal hasil atas liabilitas (aset) Yields on program liabilities
program 37.584 (65.295) (assets)
Perubahan atas dampak atas Changes on impact of assets other
aset di luar bunga - neto (125.673) 1.000.938 than interest - net
Saldo akhir (1.015.770) (988.524) Ending balance
361
Page 1336
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
b. Program Tunjangan Hari Tua (lanjutan) b. Retirement Benefits Plan (continued)
Perhitungan beban THT untuk tahun yang Retirement benefits expense calculation For the
Berakhir pada tanggal-tanggal years Ended as December 31, 2025 and 2024
31 Desember 2025 dan 2024 sesuai dengan respectively, in accordance with the actuarial
perhitungan aktuaris adalah sebagai berikut: calculation is as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Biaya jasa kini 284.430 336.505 Current service cost
Iuran peserta program (80.216) (58.916) Contributions paid - participants
Beban bunga - neto (8.817) (7.838) Interest expense - net
Beban THT (Catatan 35) 195.397 269.751 Retirement benefits expense
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI does
2024, BRI tidak mengakui adanya THT dibayar not recognize the existence of prepaid of
di muka dan manfaat THT karena manajemen retirement benefits plan and benefits of
BRI tidak memiliki keuntungan (benefit) atas retirement benefits plan because management
aset tersebut dan BRI tidak memiliki rencana of BRI does not have the benefit over the assets
untuk mengurangi kontribusinya di masa and BRI has no plans to reduce its contribution
depan. in the future.
c. Program Pensiun Iuran Pasti c. Defined Contribution Pension Plan
(i) BRI (entitas induk) (i) BRI (parent entity)
Pekerja BRI juga diikutsertakan dalam The employees of BRI are also included in
program pensiun iuran pasti sesuai dengan the defined contribution pension plan in
Keputusan Direksi BRI yang berlaku efektif accordance with BRI Board of Directors’
sejak bulan Oktober 2000. Kontribusi BRI decree which was effective since October
pada program ini yang dilaporkan dalam 2000. BRI’s contributions to this plan which
laporan laba rugi dan penghasilan are reported in the consolidated statement
komprehensif lain konsolidasian sebesar of profit or loss and other comprehensive
Rp613.724 dan Rp562.978 masing-masing income amounted to Rp613,724 and
untuk tahun yang berakhir tanggal 31 Rp562,978 for the years ended December
Desember 2025 dan 2024 (Catatan 35). 31, 2025 and 2024 respectively (Note 35).
Pengelolaan program pensiun iuran pasti Defined contribution pension plan is
dilakukan oleh DPBRI. managed by DPBRI.
362
Page 1337
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
c. Program Pensiun Iuran Pasti (lanjutan) c. Defined Contribution Pension Plan (continued)
(ii) Bank Raya (Subsidiary)
(ii) Bank Raya (entitas anak)
Bank Raya Indonesia menyelenggarakan Bank Raya Indonesia conducted defined
program pensiun iuran pasti untuk seluruh contribution pension plans for all of its
pekerja tetapnya yang dikelola oleh Dana permanent employees which is managed by
Pensiun Lembaga Keuangan (DPLK) Dana Pensiun Lembaga Keuangan
PT Bank Rakyat Indonesia (Persero) Tbk. (Financial Institutions Pension Fund)
Jumlah kontribusi Bank Raya untuk dana PT Bank Rakyat Indonesia (Persero) Tbk.
pensiun adalah sebesar 84,97% dari iuran Bank Raya Indonesia’s total contribution for
yang sudah ditetapkan berdasarkan tingkat the pension funds amounted to 84.97% of
dari masing-masing pekerja yang the contributions that have been determined
dilaporkan dalam laporan laba rugi dan based on the level of each employee which
penghasilan komprehensif lain are reported in the consolidated statement
konsolidasian sebesar Rp1.169 dan of profit or loss and other comprehensive
Rp1.109 masing-masing untuk tahun yang income amounting to Rp1,169 and Rp1,109
berakhir pada tanggal 31 Desember 2025 for the years ended as December 31, 2025
dan 2024 (Catatan 35). and 2024 respectively (Note 35).
d. Program Pemutusan Hubungan Kerja (PHK) d. Work Separation Scheme
Perhitungan PHK dilakukan dengan The calculation of Work Separation Scheme is
menggunakan asumsi-asumsi penilaian carried out using the assumptions of actuarial
aktuaria atas kewajiban perseroan yang assessment of the company's obligations related
berkaitan dengan cadangan penyisihan untuk to the allowance reserve for the determination of
penetapan uang pesangon. Uang penghargaan severance pay. Award money for merit and
tanda jasa dan ganti kerugian sesuai dengan indemnity are in accordance with the applicable
Peraturan yang berlaku untuk masing-masing Regulations. As of December 31, 2025 and 2024
pada tanggal 31 Desember 2025 dan using the Projected Unit Credit method and
2024 dengan menggunakan metode Projected considering the following assumptions:
Unit Credit serta mempertimbangkan asumsi-
asumsi sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Entitas induk Parent Entity
Tingkat diskonto 6,71% 7,10% Discount Rate
Tingkat kenaikan penghasilan 6,50% 7,50% Salary growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality Rate
Tingkat cacat jasmaniah 10,00% dari TMI/ 10,00% dari TMI/ Disability Rate
from TMI from TMI
2019 2019
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Entitas anak Subsidiaries
Tingkat diskonto 6,60 - 7,00% 6,80 - 7,15% Discount Rate
Tingkat kenaikan penghasilan 6,00 - 10,00 6,00 - 10,00 Salary growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality Rate
GAM 1971 GAM 1971
Tingkat cacat jasmaniah 0,01 - 10,00% dari 0,01 - 10,00% dari Disability Rate
tingkat kematian/ tingkat kematian/
from mortality from mortality
363
Page 1338
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
d. Program Pemutusan Hubungan Kerja (PHK) d. Work Separation Scheme (continued)
(lanjutan)
Mutasi atas liabilitas program PHK masing- Movements in the work separation scheme
masing pada tanggal 31 Desember 2025 dan liabilities as of December 31, 2025 and 2024 are
2024 adalah sebagai berikut: as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal 4.022.400 3.527.486 Beginning balance
Beban PHK (Catatan 35) 718.972 868.075 Work separation scheme expense (Note 35)
Pembayaran manfaat aktual (145.405) (219.184) Actual benefits paid
Pengukuran kembali liabilitas Remeasurement on liabilities (assets)
PHK - neto (1.391.468) (154.202) for work separation - net
Biaya terminasi (183) Termination cost
Dampak batas aset (39) Asset ceilling effect
Kontribusi perusahaan (77.542) 447 Contributions - entity
Saldo akhir (Catatan 27) 3.126.957 4.022.400 Ending Balance (Note 27)
Keuntungan aktuaria yang diakui pada Actuarial gain recognized in other
penghasilan komprehensif lain pada tanggal comprehensive income as of December 31,
31 Desember 2025 dan 2024 adalah sebagai 2025 and 2024 are as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal (222.681) (68.479) Beginning balance
Keuntungan aktuaria (1.391.468) (154.202) Actuarial gain
Saldo akhir (1.614.149) (222.681) Ending blaance
Perhitungan beban program PHK untuk tahun Work Separation Scheme expense calculation
yang berakhir pada tanggal-tanggal 31 for the years ended December 31, 2025 and
Desember 2025 dan 2024 sesuai dengan 2024 in accordance with the actuarial calculation
perhitungan aktuaria adalah sebagai berikut: are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Biaya jasa kini 433.973 627.925 Current service cost
Beban bunga 275.773 241.731 Interest expense
Biaya pesangon 6.299 2.794 Severance cost
Biaya jasa lalu 5.348 (4.558) Past service cost
Pembayaran biaya terminasi 183 Payment of termination fee
Kerugian aktuaria (2.421) - Actuarial loss
Work separation scheme expense
Beban PHK (Catatan 35) 718.972 868.075 (Note 35)
364
Page 1339
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
e. Program Masa Persiapan Pensiun (MPP) e. Defined Benefit Pension Plan
Perhitungan aktuaria (PT Pegadaian) atas The actuarial calculation of (PT Pegadaian)
masa persiapan pensiun (MPP) masing-masing defined pension plan as of December 31, 2025
pada tanggal-tanggal 31 Desember 2025 dan and 2024 which was prepared in accordance
2024 telah sesuai dengan PSAK No. 219 with SFAS No. 219 using the Projected Unit
dengan menggunakan metode Projected Unit Credit and considering the following
Credit serta mempertimbangkan asumsi- assumptions:
asumsi sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Tingkat diskonto 6,70% 7,10% Discount rate
Tingkat kenaikan penghasilan 7,00% 7,00% Salary growth rate
Tingkat kematian GAM 1971 GAM 1971 Mortality rate
Tingkat cacat jasmaniah 0,01% dari TMI 0,01% dari TMI Disability rate
tingkat kematian/ tingkat kematian/
from TMI mortality from TMI mortality
Usia pensiun normal 56 Tahun/ Years 56 Tahun/ Years Normal retirement age
Mutasi atas liabilitas program masa persiapan Movements in liabilities program defined benefit
pensiun masing-masing pada tanggal 31 pension plan as of December 31, 2025 and 2024
Desember 2025 dan 2024 adalah sebagai are as follows:
berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal 21.627 20.983 Beginning balance
Beban MPP (Catatan 35) 3.099 2.749 Defined benefit pension expense (Note 35)
Pembayaran imbalan (22.062) (18.632) Contributions paid - current period
Pengukuran kembali liabilitas Remeasurement of liabilities
MPP - neto 23.170 16.527 for defined pension benefit - net
Saldo akhir (Catatan 27) 25.834 21.627 Ending Balance (Note 27)
Perhitungan beban program Masa Persiapan Pension benefit expense calculation For the
Pensiun untuk tahun yang Berakhir pada years Ended December 31, 2025 and 2024,
tanggal-tanggal 31 Desember 2025 dan 2024 respectively, in accordance with the actuarial
sesuai dengan perhitungan aktuaria adalah calculation is as follows:
sebagai berikut:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Biaya jasa kini 1.563 1.280 Current service cost
Beban bunga 1.536 1.469 Interest expense
Defined benefit pension expense
Beban MPP (Catatan 35) 3.099 2.749 (Note 35)
365
Page 1340
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
f. Imbalan Kerja Jangka Panjang Lainnya f. Other Long-term Employee Benefits
Pekerja BRI dan entitas anak juga memiliki BRI employees also have long-term employee
imbalan kerja jangka panjang, seperti benefits, such as gratuity for services, grand
penghargaan tanda jasa, cuti besar, program leaves, post employment BPJS health program
kesehatan pasca kerja BPJS, dan program and other benefit program of additional benefit
manfaat lain dana manfaat tambahan. fund.
(i) Cadangan penghargaan tanda jasa dan (i) Allowance for gratuity services and grand
cuti besar leaves
Perhitungan aktuaria atas penghargaan The actuarial calculation on gratuity services
tanda jasa dan cuti besar masing-masing and grand leaves as of December 31, 2025
pada tanggal-tanggal 31 Desember 2025 and 2024 which was prepared in
dan 2024 telah sesuai dengan PSAK No. accordance with SFAS No. 219 using the
219 dengan menggunakan metode Projected Unit Credit method and
Projected Unit Credit serta considering the following assumptions:
mempertimbangkan asumsi-asumsi
sebagai berikut:
31 Desember 2025/December 31, 2025
Cadangan Penghargaan
Tanda Jasa/ Allowance for Cuti Besar/
Gratuity Services Grand Leaves
Entitas induk Parent Entity
Tingkat diskonto 6,60% 6.21% Discount rate
Tingkat kenaikan penghasilan 6,50% 6.50 Salary growth rate
Tingkat kenaikan harga emas 12,00% - Gold price growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
Tingkat cacat jasmaniah 10,00% dari TMI/ 10,00% dari TMI/ Disability rate
From TMI From TMI
2019 2019
Entitas anak Subsidiaries
Tingkat diskonto Discount rate
Tingkat kenaikan penghasilan 7,00 - 10,00 7,00 - 10,00 Salary growth rate
Tingkat kenaikan harga emas 10,00 - Gold price growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
Tingkat cacat jasmaniah 10,00% dari TMI/ 10,00% dari TMI/ Disability rate
From TMI From TMI
2019 2019
31 Desember 2024/December 31, 2024
Cadangan Penghargaan
Tanda Jasa/ Allowance for Cuti Besar/
Gratuity Services Grand Leaves
Entitas induk Parent Entity
Tingkat diskonto 7,10% 7,10% Discount rate
Tingkat kenaikan penghasilan 7,50% 7,50% Salary growth rate
Tingkat kenaikan harga emas 10,00% - Gold price growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
Tingkat cacat jasmaniah 10,00% dari TMI/ 10,00% dari TMI/ Disability rate
From TMI from TMI
2019 2019
Entitas anak Subsidiaries
Tingkat diskonto 7,00 - 7,15% 6,70 - 7,10% Discount rate
Tingkat kenaikan penghasilan 7,00 - 10,00% 7,00 - 10,00 Salary growth rate
Tingkat kenaikan harga emas 10,00% 10,00 Gold price growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
Tingkat cacat jasmaniah 10,00% dari TMI/ 10,00% dari TMI/ Disability rate
From TMI From TMI
2019 2019
366
Page 1341
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
f. Imbalan Kerja Jangka Panjang Lainnya f. Other Long-term Employee Benefits (continued)
(lanjutan)
(i) Cadangan penghargaan tanda jasa dan (i) Allowance for gratuity services and grand
cuti besar (lanjutan) leaves (continued)
Mutasi untuk imbalan kerja jangka panjang Movements in the other long-term employee
lainnya masing-masing pada tanggal benefits as of December 31, 2025 and 2024
31 Desember 2025 dan 2024 adalah are as follows:
sebagai berikut:
31 Desember 2025/December 31, 2025
Cadangan Penghargaan
Tanda Jasa/Allowance for Cuti Besar/
Gratuity Services Grand Leaves
Saldo awal liabilitas 2.867.342 3.839.231 Beginning balance of liabilities
Beban (Catatan 35) 1.482.068 587.627 Expense (Note 35)
Pembayaran manfaat aktual (159.735) (444.740) Actual benefit paid
Rugi aktuaria pada kewajiban 78.429 - Actual loss on liabilities
Liabilitas Imbalan Kerja Liabilities for Employee
(Catatan 27) 4.268.104 3.982.118 Benefits (Note 27)
31 Desember 2024/December 31, 2024
Cadangan Penghargaan
Tanda Jasa/Allowance for Cuti Besar/
Gratuity Services Grand Leaves
Saldo awal liabilitas 2.492.175 3.679.294 Beginning balance of liabilities
Beban (Catatan 35) 446.513 489.623 Expense (Note 35)
Pembayaran manfaat aktual (99.285) (329.686) Actual benefit paid
Rugi aktuaria pada kewajiban 27.939 - Actual loss on liabilities
Liabilitas Imbalan Kerja Liabilities for Employee
(Catatan 27) 2.867.342 3.839.231 Benefits (Note 27)
Beban imbalan kerja jangka panjang The other long-term employee benefits
lainnya untuk tahun yang berakhir pada expense calculation for the years ended
tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 in
2024 berdasarkan perhitungan aktuaria accordance with the acturarial calculation
adalah sebagai berikut: are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31, 2025
Cadangan Penghargaan
Tanda Jasa/Allowance for Cuti Besar/
Gratuity Services Grand Leaves
Biaya jasa kini 304.400 417.633 Current service cost
Beban bunga 198.922 258.885 Interest Expense
Biaya jasa lalu 1.769 1.072 Past service cost
Keuntungan aktuaria yang diakui 976.977 (89.963) Recognized actuarial gain
Beban program bagi Employees program
pekerja (Catatan 35) 1.482.068 587.627 expense (Note 35)
367
Page 1342
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
f. Imbalan Kerja Jangka Panjang Lainnya f. Other Long-term Employee Benefits (continued)
(lanjutan)
(i) Cadangan penghargaan tanda jasa dan (i) Allowance for gratuity services and grand
cuti besar (lanjutan) leaves (continued)
Beban imbalan kerja jangka panjang The other long-term employee benefits
lainnya untuk tahun yang berakhir pada expense calculation for the years ended
tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 in accordance
2024 berdasarkan perhitungan aktuaria with the acturarial calculation are as follows
adalah sebagai berikut (lanjutan): (continued):
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31, 2024
Cadangan Penghargaan
Tanda Jasa/Allowance for Cuti Besar/
Gratuity Services Grand Leaves
Biaya jasa kini 240.634 430.720 Current service cost
Beban bunga 167.282 234.847 Interest Expense
Biaya jasa lalu 389 372 Past service cost
Beban pesangon - 178 Severance expense
Keuntungan aktuaria yang diakui 38.208 (176.494) Recognized actuarial gain
Beban program bagi Employees program
pekerja (Catatan 35) 446.513 489.623 expense (Note 35)
(ii) Program Kesehatan Pasca Kerja BPJS (ii) Post Employment BPJS Health Program
Perhitungan aktuaria atas program The actuarial calculation on Post
kesehatan pasca kerja BPJS masing- Employment BPJS Health Program as of
masing pada tanggal 31 Desember 2025 December 31, 2025 and 2024 which was
dan 2024 telah sesuai dengan PSAK No. prepared in accordance with SFAS No. 219
219 dengan menggunakan metode using the Projected Unit Credit method and
Projected Unit Credit serta considering the following assumptions
mempertimbangkan asumsi-asumsi (parent entity):
(entitas induk) sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Tingkat diskonto 7,05% 7,10% Discount rate
Tingkat kenaikan iuran Rate of Increase BPJS
BPJS 7,50% 4,88 Health Premiums
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
Tingkat cacat jasmaniah 10,00% dari TMI 2019/ 10,00% dari TMI 2019/ Disability rate
From TMI From TMI
2019 2019
368
Page 1343
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
f. Imbalan Kerja Jangka Panjang Lainnya f. Other Long-term Employee Benefits (continued)
(lanjutan)
(ii) Program Kesehatan Pasca Kerja BPJS (ii) Post Employment BPJS Health Program
(lanjutan) (continued)
Status program kesehatan pasca kerja Post Employment BPJS Health Program
BPJS sesuai dengan penilaian aktuaris status in accordance with the actuarial
masing-masing pada tanggal 31 Desember valuation as of December 31, 2025 and
2025 dan 2024 adalah sebagai berikut: 2024 are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai kini liabilitas program Present value of post employment
kesehatan pasca kerja BPJS 4.189.952 2.331.108 BPJS health program liability
Nilai wajar aset (1.565.419) (1.522.028) Fair value of assets
Surplus (Defisit) 2.624.533 809.080 Surplus (Deficit)
Mutasi liabilitas atas program kesehatan Movements in the liability for Post
pasca kerja BPJS pada tanggal Employment BPJS Health Program as of
31 Desember 2025 dan 2024 adalah December 31, 2025 and 2024 are as
sebagai berikut: follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal 809.080 1.023.643 Beginning balance
Beban program kesehatan Post employment BPJS health
pasca kerja BPJS (Catatan 35) 107.622 114.562 program expense (Note 35)
Pengukuran kembali aset Remeasurement of
program kesehatan pasca post employement BPJS
kerja BPJS 1.707.831 (329.125) health program assets
Post employment BPJS
Liabilitas program kesehatan health program liability
pasca kerja BPJS (Catatan 27) 2.624.533 809.080 (Note 27)
Kerugian/(keuntungan) aktuaria yang Actuarial loss/(gain) recognized in other
diakui pada penghasilan komprehensif lain comprehensive income as of December 31,
pada tanggal 31 Desember 2025 dan 2025 and 2024 are as follows:
2024 adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal (134.223) 194.901 Beginning balance
Kerugian/(keuntungan) aktuaria 1.693.874 (365.502) Actuarial loss/(gain)
Imbal hasil atas aset program 13.957 36.378 Yields of program assets
Saldo akhir 1.573.608 (134.223) Ending balance
369
Page 1344
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
f. Imbalan Kerja Jangka Panjang Lainnya f. Other Long-term Employee Benefits (continued)
(lanjutan)
(ii) Program Kesehatan Pasca Kerja BPJS (ii) Post Employment BPJS Health Program
(lanjutan) (continued)
Beban program kesehatan pasca kerja The post employment BPJS Health
BPJS untuk tahun yang berakhir pada Program expense calculation for the years
tanggal-tanggal 31 Desember 2025 dan ended December 31, 2025 and 2024 in
2024 berdasarkan perhitungan aktuaria accordance with the actuarial calculation is
adalah sebagai berikut: as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Biaya jasa kini 50.177 42.907 Current service cost
Beban Bunga - neto 57.445 71.655 Interest expense - net
Beban program kesehatan Post employment BPJS health
pasca kerja BPJS (Catatan 35) 107.622 114.562 program expense (Note 35)
(iii) Program manfaat lain dana manfaat (iii) Other benefit program of additional benefit
tambahan fund
Penilaian aktuaria atas program manfaat The actuarial calculation on BRI’s other
lain dana manfaat tambahan BRI pada benefit program of additional benefit fund as
tanggal-tanggal 31 Desember 2025 dan of December 31, 2025 and
2024 telah sesuai dengan PSAK No. 219 2024 was prepared in accordance with
dengan menggunakan metode Projected SFAS No. 219 using the Projected Unit
Unit Credit serta mempertimbangkan Credit method and considering the
asumsi-asumsi sebagai berikut: following assumptions:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Tingkat diskonto 6,49% 7,10% Discount rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
Tingkat cacat jasmaniah 10,00% dari TMI 10,00% dari TMI Disability rate
2019/ From TMI 2019 2019/ From TMI 2019
Usia pensiun normal 56 Tahun/Years 56 Tahun/Years Normal retirement age
370
Page 1345
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
f. Imbalan Kerja Jangka Panjang Lainnya f. Other Long-term Employee Benefits (continued)
(lanjutan)
(iii) Program Manfaat Lain Dana Manfaat (iii) Other benefit program of additional benefit
Tambahan (lanjutan) fund (continued)
Mutasi atas nilai kini liabilitas program Movement in the of fair value of program
manfaat lain dana manfaat tambahan pada assets as December 31, 2025 and 2024 are
tanggal-tanggal 31 Desember 2025 dan as follows:
2024 adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai kini liabilitas Present value of defined
awal tahun 1.837.047 1.863.733 benefit
Biaya bunga 125.496 120.342 Interest expense
Biaya jasa kini 12.545 13.813 Current service cost
Pembayaran imbalan kerja (139.006) (135.152) Benefit paid
Kerugian (keuntungan) aktuaria 99.762 (25.689) Actuarial loss (gain)
Present value of defined
Nilai kini liabilitas imbalan Benefit pension liabilities -
pensiun - saldo akhir 1.935.844 1.837.047 ending balance
Mutasi atas nilai wajar aset program pada Movement in the of fair value of program
tanggal-tanggal 31 Desember 2025 dan assets as December 31, 2025 and
2024 adalah sebagai berikut: 2024 are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Nilai wajar aset program Fair value of program assets
awal tahun 1.973.122 1.983.967 - beginning
Pembayaran imbalan kerja (139.006) (135.152) Benefit paid
Hasil pengembangan riil 172.659 124.307 Real development result
Total aset program 2.006.775 1.973.122 Total program assets
Mutasi atas kewajiban program manfaat Movement in the other benefit program of
lain dana manfaat tambahan pada tanggal- additional benefit fund liability as of
tanggal 31 Desember 2025 dan 2024 December 31, 2025 and 2024 are as
adalah sebagai berikut: follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal - - Beginning balance
Beban program Other benefit program
manfaat lain dana manfaat of additional benefit fund
tambahan - neto (Catatan 35) 12.545 13.813 expense – net (Note 35)
Pengukuran kembali Remeasurement of
aset - neto (12.545) (13.813) assets - net
Saldo akhir (Catatan 27) - - Ending Balance (Note 27)
371
Page 1346
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
f. Imbalan Kerja Jangka Panjang Lainnya f. Other Long-term Employee Benefits (continued)
(lanjutan)
(iii) Program manfaat lain dana manfaat (iii) Other benefit program of additional benefit
tambahan (lanjutan) fund (continued)
Kerugian aktuaria yang diakui pada Actuarial loss recognized in other
penghasilan komprehensif lain pada comprehensive income as of December 31,
tanggal 31 Desember 2025 dan 2025 and 2024 are as follows:
2024 adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Saldo awal 258.440 272.252 Beginning balance
Kerugian (keuntungan)
aktuaria 99.762 (25.689) Actuarial loss (gain)
Imbal hasil atas aset program (37.502) 4.091 Yields of program assets
Perubahan atas dampak Changes in the net liability
aset diluar bunga neto (asset) impact of non-
liabilitas (aset) (74.805) 7.786 interest-bearing assets
Saldo akhir 245.895 258.440 Ending balance
Beban program manfaat lain dana manfaat Other benefit program of additional benefit
tambahan untuk tahun yang berakhir pada fund expense for the years ended
tanggal-tanggal 31 Desember 2025 dan December 31, 2025 and 2024 respectively,
2024 berdasarkan perhitungan aktuaris based on the actuarial calculation is as
adalah sebagai berikut: follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Biaya jasa lalu - - Past service cost
Biaya jasa kini 12.545 13.813 Current service cost
Bunga - neto - - Interest expense - net
Beban program manfaat lain Other benefit program
dana manfaat tambahan of additional Benefit
(Catatan 35) 12.545 13.813 fund expense (Note 35)
372
Page 1347
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
g. Sensitivitas dari kewajiban imbalan jangka g. Sensitivity of long-term benefit liability towards
panjang terhadap perubahan asumsi aktuaria changes in actuarial assumptions and analysis of
dan analisa manfaat jatuh tempo adalah maturity benefits are as follows (BRI only)
sebagai berikut (BRI saja) (tidak diaudit dan (unaudited and unreviewed):
tidak di reviu):
(i) Program pemutusan hubungan kerja (i) Work separation scheme
(PHK)
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Pengaruh nilai kini Pengaruh nilai kini
atas kewajiban atas kewajiban
Asumsi imbalan kerja/ Asumsi imbalan kerja/
tingkat diskonto/ Effect of present tingkat diskonto/ Effect of present
Discount rate value on employee Discount rate value on employee
Assumption benefit liability Assumption benefit liability
Kenaikan +1,00% (169.921) +1,00% (340.407) Increase
Penurunan -1,00% 198.105 -1,00% 402.469 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jatuh Tempo Maturity
< 1 tahun 49.725 46.649 < 1 year
1 - < 2 tahun 46.858 46.803 1 - < 2 years
2 - < 3 tahun 49.117 43.812 2 - < 3 years
3 - < 4 tahun 48.474 46.475 3 - < 4 years
4 - < 5 tahun 47.942 45.365 4 - < 5 years
> 5 tahun 1.317.052 2.427.555 > 5 years
(ii) Program pensiun imbalan pasti (ii) Defined benefit pension plan
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Pengaruh nilai kini Pengaruh nilai kini
atas kewajiban atas kewajiban
Asumsi imbalan kerja/ Asumsi imbalan kerja/
tingkat diskonto/ Effect of present tingkat diskonto/ Effect of present
Discount rate value on employee Discount rate value on employee
Assumption benefit liability Assumption benefit liability
Kenaikan +1,00% (2.831.077) +1,00% (2.612.884) Increase
Penurunan -1,00% 3.430.087 -1,00% 3.169.026 Decrease
Iuran Jatuh Tempo Maturity Contribution
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jatuh Tempo Maturity
< 1 tahun 179.335 256.114 < 1 year
1 - < 2 tahun 297.392 226.330 1 - < 2 years
2 - < 3 tahun 284.822 216.839 2 - < 3 years
3 - < 4 tahun 273.544 207.703 3 - < 4 years
4 - < 5 tahun 262.772 199.924 4 - < 5 years
> 5 tahun 795.192 573.423 > 5 years
373
Page 1348
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
g. Sensitivitas dari kewajiban imbalan jangka g. Sensitivity of long-term benefit liability towards
panjang terhadap perubahan asumsi aktuaria changes in actuarial assumptions and analysis of
dan analisa manfaat jatuh tempo adalah maturity benefits are as follows (BRI only)
sebagai berikut (BRI saja) (tidak diaudit dan (unaudited and unreviewed) (continued):
tidak di reviu) (lanjutan):
(iii) Program tunjangan hari tua (iii) Retirement benefits plan
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Pengaruh nilai kini Pengaruh nilai kini
atas kewajiban atas kewajiban
Asumsi imbalan kerja/ Asumsi imbalan kerja/
tingkat diskonto/ Effect of present tingkat diskonto/ Effect of present
Discount rate value on employee Discount rate value on employee
Assumption benefit liability Assumption benefit liability
Kenaikan +1,00% (354.607) +1,00% (325.917) Increase
Penurunan -1,00% 408.335 -1,00% 381.502 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jatuh Tempo Maturity
< 1 tahun 167.003 138.429 < 1 year
1 - < 2 tahun 141.506 130.261 1 - < 2 years
2 - < 3 tahun 124.890 123.786 2 - < 3 years
3 - < 4 tahun 107.901 108.626 3 - < 4 years
4 - < 5 tahun 107.626 94.662 4 - < 5 years
> 5 tahun 2.845.218 2.563.697 > 5 years
(iv) Program Kesehatan Pasca Kerja BPJS (iv) Post Employment BPJS Health Program
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Pengaruh nilai kini Pengaruh nilai kini
atas kewajiban atas kewajiban
Asumsi imbalan kerja/ Asumsi imbalan kerja/
tingkat diskonto/ Effect of present tingkat diskonto/ Effect of present
Discount rate value on employee Discount rate value on employee
Assumption benefit liability Assumption benefit liability
Kenaikan +1,00% (809.130) +1,00% (371.077) Increase
Penurunan -1,00% 1.103.209 -1,00% 488.116 Decrease
Iuran Jatuh Tempo Maturity Contribution
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jatuh Tempo Maturity
< 1 tahun 238.461 104.623 < 1 year
1 - < 2 tahun 251.574 109.604 1 - < 2 years
2 - < 3 tahun 265.639 115.076 2 - < 3 years
3 - < 4 tahun 280.818 120.947 3 - < 4 years
4 - < 5 tahun 296.878 127.321 4 - < 5 years
> 5 tahun 7.064.328 2.953.284 > 5 years
374
Page 1349
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
42. PROGRAM BAGI PEKERJA (lanjutan) 42. EMPLOYEES PROGRAM (continued)
g. Sensitivitas dari kewajiban imbalan jangka g. Sensitivity of long-term benefit liability towards
panjang terhadap perubahan asumsi aktuaria changes in actuarial assumptions and analysis of
dan analisa manfaat jatuh tempo adalah maturity benefits are as follows (BRI only)
sebagai berikut (BRI saja) (tidak diaudit dan (unaudited and unreviewed) (continued):
tidak di reviu) (lanjutan):
(v) Cadangan penghargaan tanda jasa (v) Allowance for gratuity for services
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Pengaruh nilai kini Pengaruh nilai kini
atas kewajiban atas kewajiban
Asumsi imbalan kerja/ Asumsi imbalan kerja/
tingkat diskonto/ Effect of present tingkat diskonto/ Effect of present
Discount rate value on employee Discount rate value on employee
Assumption benefit liability Assumption benefit liability
Kenaikan +1,00% (379.891) +1,00% (245.854) Increase
Penurunan -1,00 439.415 -1,00% 283.713 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jatuh Tempo Maturity
< 1 tahun 143.095 113.325 < 1 year
1 - < 2 tahun 149.799 118.737 1 - < 2 years
2 - < 3 tahun 110.834 120.022 2 - < 3 years
3 - < 4 tahun 169.437 85.707 3 - < 4 years
4 - < 5 tahun 147.002 128.156 4 - < 5 years
> 5 tahun 3.103.802 2.027.941 > 5 years
(vi) Cuti besar (vi) Grand Leaves
31 Desember 2025/December 31, 2025 31 Desember 2024/December 31, 2024
Pengaruh nilai kini Pengaruh nilai kini
atas kewajiban atas kewajiban
Asumsi imbalan kerja/ Asumsi imbalan kerja/
tingkat diskonto/ Effect of present tingkat diskonto/ Effect of present
Discount rate value on employee Discount rate value on employee
Assumption benefit liability Assumption benefit liability
Kenaikan +1,00% (210.687) +1,00% (213.192) Increase
Penurunan -1,00 236.009 -1,00% 239.490 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Jatuh Tempo Maturity
< 1 tahun 431.996 351.855 < 1 year
1 - < 2 tahun 392.595 353.624 1 - < 2 years
2 - < 3 tahun 255.105 344.772 2 - < 3 years
3 - < 4 tahun 209.412 221.339 3 - < 4 years
4 - < 5 tahun 213.145 184.418 4 - < 5 years
> 5 tahun 1.942.064 1.923.923 > 5 years
375
Page 1350
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
43. INFORMASI MENGENAI KOMITMEN DAN 43. INFORMATION ON COMMITMENTS AND
KONTINJENSI CONTINGENCIES
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Komitmen Commitments
Tagihan komitmen Commitments receivable
Pembelian spot dan berjangka Purchase of foreign currencies spot
mata uang asing 57.618.468 49.309.688 and futures
Liabilitas komitmen Commitments liabilities
Fasilitas kredit yang diberikan kepada Unused loan facilities
debitur yang belum digunakan granted to debtors
(Catatan 26c) 134.386.017 123.492.574 (Note 26c)
Penjualan spot dan berjangka Sale of foreign currencies
mata uang asing 157.153.569 94.874.355 spot and futures
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam rangka Irrevocable Letters of Credit
impor (Catatan 26b) 13.549.757 11.775.920 (Note 26b)
305.089.343 230.142.849
Komitmen - neto (247.470.875) (180.833.161) Commitments - net
Kontinjensi Contingencies
Liabilitas kontinjensi Contingent liabilities
Garansi yang diterbitkan Guarantees issued (Note 26b)
(Catatan 26b) dalam bentuk: in the form of :
Garansi bank 52.556.615 46.148.254 Bank Guarantee
Stand by L/C 14.359.061 20.706.982 Stand by Letters of Credits
66.915.676 66.855.236
Kontinjensi - neto (66.915.676) (66.855.236) Contingencies - net
44. TRANSAKSI PIHAK-PIHAK BERELASI 44. TRANSACTIONS WITH RELATED PARTIES
Dalam kegiatan normal usaha, BRI melakukan In the normal course of business, BRI engages in
transaksi dengan pihak-pihak berelasi karena transactions with related parties due to ownership
hubungan kepemilikan dan/atau kepengurusan. and/or management relationship. All transactions
Semua transaksi dengan pihak-pihak berelasi telah with related parties have been carried out according
sesuai dengan kebijakan dan syarat yang telah to the mutually agreed policies and terms.
disepakati bersama.
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut: follows:
Pihak-pihak berelasi/ Related parties Unsur transaksi pihak berelasi/ Element of related party transactions
Hubungan pengendalian kegiatan
perusahaan/Control relationship on
company’s activities
Manajemen Kunci/Key Management Kredit yang diberikan, Program imbalan kerja, Simpanan nasabah/
Loans, Employee benefits, Deposits from customers
Kepemilikan mayoritas
melalui Kementerian Keuangan RI/
Ownership of majority shares through
the Ministry of Finance of
the Republic of Indonesia
Pemerintah Republik Indonesia (RI)/
Government of the Republic of
Indonesia (RI) Efek-efek/ Securities
376
Page 1351
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
Pihak-pihak berelasi/ Related parties Unsur transaksi pihak berelasi/ Element of related party transactions
Hubungan kepemilikan
melalui Pemerintah Pusat RI/
Ownership relationship through the
Government of the Republic
of Indonesia
Perusahaan Umum BULOG Kredit yang diberikan/ Loans
PT Sarana Multi
Infrastruktur (Persero) Efek-efek/ Securities
PT Perkebunan Nusantara
IV (Persero) Kredit yang diberikan/ Loans
PT INKA Multi Solusi Tagihan dan liabilitas akseptasi/ Acceptances receivable & payable
PT Indo Raya Tenaga Kredit yang diberikan/ Loans
PT Sumber Segara Primadaya Kredit yang diberikan/ Loans
PT Bhirawa Steel L/C yang tidak dapat dibatalkan yang masih berjalan dalam rangka impor,
Wesel ekspor dan tagihan lainnya/ Irrevocable L/C,
Export bills and other receivables
PT Sumbagselenergi Sakti Pewali Kredit yang diberikan / Loans
PT Wijaya Karya Realty (Persero) Aset lain-lain/ Other assets
PT Bank Mandiri (Persero) Tbk Efek-efek, Giro pada bank lain, Penempatan pada Bank Indonesia
dan lembaga keuangan lain, Efek-efek yang dijual dengan janji dibeli Kembali,
Pinjaman yang diterima / Securities, Current account with other banks, Placements with
Bank Indonesia and other financial institutions, Securities Sold Under Agreement to
Repurchase, Fund Borrowings
PT Bank Negara Indonesia Giro pada bank lain, Penempatan pada Bank Indonesia
(Persero) Tbk dan lembaga keuangan lain, Efek-efek, Pinjaman yang diterima /
Current account with other banks, Placements with Bank Indonesia
and other financial institutions, Securities, Fund Borrowings
PT Petrokimia Gresik Wesel ekspor dan tagihan lainnya / Export bills and other receivables
PT Perusahaan Listrik Negara Efek-efek, Garansi yang diterbitkan, Kredit yang diberikan / Securities,
(Persero) Tbk Guarantees issued, Loans.
PT Bahana Artha Ventura Penyertaan saham/ Investment in associated entities
377
Page 1352
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
Pihak-pihak berelasi/ Related parties Unsur transaksi pihak berelasi/ Element of related party transactions
Hubungan kepemilikan
melalui Pemerintah Pusat RI (lanjutan)/
Ownership relationship through the
Government of the Republic
of Indonesia (continued)
PT Bank Syariah Indonesia Tbk Penyertaan saham, Giro pada bank lain, Penempatan pada Bank
Indonesia dan lembaga keuangan lain, Pinjaman yang diterima/
Investment in associated entities, Current account with other banks,
Placements with Bank Indonesia and other financial Institutions,
Fund borrowings
PT Bank Tabungan Negara Giro pada bank lain, Penempatan pada Bank Indonesia
(Persero) Tbk dan lembaga keuangan lain, Efek-efek yang
dibeli dengan janji dijual kembali /
Current account with other banks, Placements with
Bank Indonesia and other financial institutions, and Securities
purchased under agreement to resell
PT Perusahaan Gas Negara Garansi yang diterbitkan/ Loans
PT Pertamina Hulu Energi Garansi yang diterbitkan/ Guarantees issued
PT Kereta Api Indonesia (Persero) Kredit yang diberikan, L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka Impor, Efek-efek/ Loans, Irrevocable L/C, Securities
PT Pembangunan Perumahan Garansi yang diterbitkan, L/C yang tidak dapat dibatalkan yang masih
(Persero) Tbk berjalan dalam rangka Impor, Tagihan dan liabilitas akseptasi,
Wesel ekspor dan tagihan lainnya/ Guarantees issued, Irrevocable L/C,
Acceptances receivable and payable, Export bills and other receivables
PT Adhi Karya (Persero) Tbk Garansi yang diterbitkan, Tagihan dan liabilitas akseptasi, Wesel ekspor dan tagihan
Lainnya, L/C yang tidak dapat dibatalkan yang masih dalam rangka Impor/
Guarantees issued, Acceptances receivable & payable,
Export bills and other receivables, Irrevocable L/C
PT Indonesia Asahan Efek-efek, Tagihan dan liabilitas akseptasi
Aluminium (Persero) / Securities, Acceptances receivable & payable
Pusat Investasi Pemerintah Pinjaman yang diterima/ Fund Borrowings
PT PP Presisi Tbk Wesel ekspor dan tagihan lainnya, Tagihan dan liabilitas akseptasi/
Export bills and other receivables, Acceptances receivable & payable
PT Waskita Karya (Persero) Tbk Kredit yang diberikan/ Loans
PT Wijaya Karya (Persero) Tbk Garansi yang diterbitkan/ Guarantees issued
PT Wijaya Karya Bangunan Tagihan dan liabilitas akseptasi/ Acceptances receivable & payable
Gedung Tbk
PT Pertamina Trading and Services Tagihan dan liabilitas akseptasi, L/C yang tidak dapat dibatalkan yang masih dalam
rangka Impor/ Acceptances receivable & payable, Irrevocable L/C
PT Fintek Karya Nusantara Penyertaan saham/ Investment in Associated Entities
PT Sarana Multigriya Finansial Efek-efek, Pinjaman yang diterima/ Securities, Fund Borrowings
(Persero)
378
Page 1353
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
Pihak-pihak berelasi/ Related parties Unsur transaksi pihak berelasi/ Element of related party transactions
Hubungan kepemilikan
melalui Pemerintah Pusat RI (lanjutan)/
Ownership relationship through the
Government of the Republic
of Indonesia (continued)
PT Pertamina (Persero) Efek-efek/Securities
PT Pupuk Indonesia (Persero) Efek-efek/Securities
MIND ID Trading Pte Ltd L/C yang tidak dapat dibatalkan yang masih berjalan/ Irrevocable L/C
Yayasan Kesejahteraan
Pekerja BRI/ Program THT/ Retirement Benefit Plan
Dana Pensiun BRI Program pensiun imbalan kerja/ Employee Benefits Pension Plan
Dana Pensiun Pegadaian Program pensiun imbalan kerja/ Employee Benefits Pension Plan
Dana Pensiun Lembaga Keuangan BRI Program pensiun iuran pasti/ Defined Contribution Pension Plan
Dana Pensiun Lembaga Keuangan BNI Program pensiun iuran pasti/ Defined Contribution Pension Plan
PT Bank Hibank Indonesia Giro pada bank lain, Pinjaman yang diterima / Current account with other
banks, Fund borrowings
PT Pupuk Kalimantan Timur L/C yang tidak dapat dibatalkan yang masih berjalan
dalam rangka impor, Garansi yang diterbitkan / Irrevocable L/C, Guarantees issued
PT Prima Armada Raya Piutang sewa pembiayaan / Finance Lease Receivables
PT Kilang Pertamina Balikpapan L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor / Irrevocable L/C
Pertamina International Marketing &
Distribution Pte Ltd (PIMD) L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor/ Irrevocable L/C
PT Pertamina Patra Niaga Garansi yang diterbitkan, Kredit yang diberikan/
Guarantees issued, Loans
PT PG Rajawali I Wesel ekspor dan tagihan lainnya / Export bills and other receivables
PT Hutama Karya (Persero) Wesel ekspor dan tagihan lainnya, Tagihan dan liabilitas akseptasi,
Kredit yang diberikan / Export bills and other receivables,
Acceptances receivable & payable, Loans
PT Pelindo Terminal Petikemas L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor/ Irrevocable L/C
PT Pertamina Hulu Rokan Garansi yang diterbitkan/ Guarantees issued
PT Semen Indonesia (Persero) Wesel ekspor dan tagihan lainnya / Export bills and other receivables
PT Sinergi Gula Nusantara Wesel ekspor dan tagihan lainnya / Export bills and other receivables
PT Timah Tbk Wesel ekspor dan tagihan lainnya / Export bills and other receivables
PT Danareksa Finance Pinjaman yang diterima / Fund borrowings
379
Page 1354
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Aset Assets
Giro pada bank lain (Catatan 5) Current account with other banks (Note 5)
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 203.906 159.589 (Persero) Tbk
PT Bank Syariah Indonesia Tbk 155.839 135.229 PT Bank Syariah Indonesia Tbk
PT Bank Mandiri (Persero) Tbk 115.873 148.782 PT Bank Mandiri (Persero) Tbk
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 9.142 60.728 (Persero) Tbk
PT Bank Syariah Nasional PT Bank Syariah Nasional
(dahulu PT Bank Tabungan (formerly PT Bank Tabungan
Negara (Persero) Tbk - Negara (Persero) Tbk -
Unit usaha syariah) 5.297 408 sharia business unit)
PT Bank Hibank Indonesia - 1 PT Bank Hibank Indonesia
490.057 504.737
Penempatan pada Bank Indonesia dan Placement with Bank Indonesia and other
lembaga keuangan lain (Catatan 6) financial institution (Note 6)
PT Bank Mandiri (Persero) Tbk 1.417.375 2.221.110 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 1.005.550 2.030.750 (Persero) Tbk
PT Bank Syariah Indonesia Tbk 222.484 174.448 PT Bank Syariah Indonesia Tbk
PT Bank Syariah Nasional PT Bank Syariah Nasional
(dahulu PT Bank Tabungan (formerly PT Bank Tabungan
Negara (Persero) Tbk - Negara (Persero) Tbk -
Unit usaha syariah) 67.066 - sharia business unit)
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 59.129 767.422 (Persero) Tbk
2.771.604 5.193.730
Efek-efek (Catatan 7) Securities (Note 7)
Government of the Republic of
Pemerintah Republik Indonesia (RI) 237.104.886 225.445.431 Indonesia (RI)
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 2.241.251 2.053.662 (Persero)
PT Bank Mandiri (Persero) Tbk 2.213.325 2.690.555 PT Bank Mandiri (Persero) Tbk
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 1.636.279 1.592.878 (Persero)
PT Sarana Multi PT Sarana Multi
Infrastruktur (Persero) 1.029.230 1.195.607 Infrastruktur (Persero)
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 935.216 525.269 (Persero) Tbk
PT Pertamina (Persero) 737.216 763.992 PT Pertamina (Persero)
PT Indonesia Asahan Aluminium PT Indonesia Asahan Aluminium
(Persero) 559.872 1.491.040 (Persero)
PT Kereta Api Indonesia (Persero) Tbk 332.957 396.278 PT Kereta Api Indonesia (Persero) Tbk
PT Pupuk Indonesia (Persero) Tbk 312.128 470.283 PT Pupuk Indonesia (Persero) Tbk
Lainnya 1.901.462 2.519.174 Others
249.003.822 239.144.169
380
Page 1355
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Aset (lanjutan) Assets (continued)
Wesel ekspor dan tagihan lainnya Export Bills and Other Receivables
(Catatan 8) (Note 8)
Pertamina International Marketing & Pertamina International Marketing &
Distribution Pte Ltd (PIMD) 2.508.249 1.694.354 Distribution Pte Ltd (PIMD)
PT Petrokimia Gresik 1.248.638 137.838 PT Petrokimia Gresik
PT Bhirawa Steel 523.473 433.947 PT Bhirawa Steel
PT Adhi Karya (Persero) 489.281 60.410 PT Adhi Karya (Persero)
PT PG Rajawali I 406.500 147.865 PT PG Rajawali I
PT Pembangunan Perumahan PT Pembangunan Perumahan
(Persero) Tbk 344.100 235.900 (Persero) Tbk
PT Hutama Karya (Persero) 322.996 27.701 PT Hutama Karya (Persero)
PT PP Presisi Tbk 320.188 266.499 PT PP Presisi Tbk
PT Semen Indonesia (Persero) 264.530 455.236 PT Semen Indonesia (Persero)
PT Hutama Karya Infrastruktur 246.247 - PT Hutama Karya Infrastruktur
Lainnya 913.662 403.277 Others
7.587.864 3.863.027
Efek-efek yang dibeli dengan janji Securities Purchased Under Agreement
dijual kembali (Catatan 9) To Resell (Note 9)
PT Bank Tabungan Negara
(Persero) Tbk - 963.042 PT Bank Tabungan Negara (Persero) Tbk
- 963.042
Kredit yang diberikan (Catatan 11) Loans (Note 11)
PT Agrinas Pangan Nusantara PT Agrinas Pangan Nusantara
(Persero) 46.697.487 3.294 (Persero)
Perusahaan Umum BULOG 17.032.765 9.263.841 Perusahaan Umum BULOG
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 12.403.729 5.147.814 (Persero)
PT Sumber Segara Primadaya 7.326.225 8.718.622 PT Sumber Segara Primadaya
PT Indo Raya Tenaga 6.400.203 1.839.729 PT Indo Raya Tenaga
PT Perkebunan Nusantara IV PT Perkebunan Nusantara IV
(Persero) 4.590.429 4.420.968 (Persero)
PT Sumbagselenergi Sakti Pewali 4.448.535 2.627.970 PT Sumbagselenergi Sakti Pewali
PT Waskita Karya (Persero) Tbk 4.054.562 4.282.239 PT Waskita Karya (Persero) Tbk
PT Mineral Industri Indonesia (Persero) 3.805.094 - PT Mineral Industri Indonesia (Persero)
PT Kereta Api Indonesia (Persero) 3.446.099 3.667.743 PT Kereta Api Indonesia (Persero)
Manajemen Kunci 194.112 211.117 Key management
Lain-lain 44.371.218 48.939.715 Others
154.770.458 89.123.052
Piutang Sewa Pembiayaan (Catatan 13) Finance lease receivables (Note 13)
PT Prima Armada Raya 31.947 42.192 PT Prima Armada Raya
PT Pelita Indonesia Djaya 339 PT Pelita Indonesia Djaya
32.286 42.192
381
Page 1356
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Aset (lanjutan) Assets (continued)
Tagihan dan Liabilitas Akseptasi Acceptances receivable and payable
(Catatan 14) (Note 14)
PT Pembangunan Perumahan PT Pembangunan Perumahan
(Persero) Tbk 888.912 721.002 (Persero) Tbk
PT Adhi Karya (Persero) Tbk 525.005 635.900 PT Adhi Karya (Persero) Tbk
Pertamina International Marketing & Pertamina International Marketing &
Distribution Pte Ltd (PIMD) 288.147 52.947 Distribution Pte Ltd (PIMD)
PT PP Presisi Tbk 173.041 244.246 PT PP Presisi Tbk
PT Petrokimia Gresik 126.823 - PT Petrokimia Gresik
PT Pertamina Trading and Services 54.635 - PT Pertamina Trading and Services
PT Hutama Karya (Persero) 39.674 53.826 PT Hutama Karya (Persero)
PT Wijaya Karya Bangunan Gedung Tbk 14.840 133.631 PT Wijaya Karya Bangunan Gedung Tbk
PT Elnusa Tbk 7.144 - PT Elnusa Tbk
PT Hutama Karya Infrastruktur 3.835 - PT Hutama Karya Infrastruktur
Lain-lain 372 214.090 Others
2.122.428 2.055.642
Penyertaan saham (Catatan 15) Investment in shares (Note 15)
PT Bank Syariah Indonesia Tbk 7.511.980 6.448.978 PT Bank Syariah Indonesia Tbk
PT Fintek Karya Nusantara 286.956 590.630 PT Fintek Karya Nusantara
PT Bahana Artha Ventura 73.300 76.775 PT Bahana Artha Ventura
7.872.236 7.116.383
Aset lain-lain (Catatan 17) Other Assets (Note 17)
PT Wijaya Karya Realty (Persero) 707.525 707.466 PT Wijaya Karya Realty (Persero)
707.525 707.466
Total aset dari pihak-pihak berelasi 425.358.280 348.713.440 Total assets from related parties
Total aset konsolidasian 2.135.371.105 1.992.186.906 Total consolidated assets
Persentase total aset dari pihak-pihak Percentage of total assets from
berelasi terhadap total aset related parties to total
konsolidasian 19,92% 17,50% consolidated assets
Liabilitas Liabilities
Giro (Catatan 19) Demand Deposit (Note 19)
Entitas dan Lembaga Pemerintah 250.195.313 137.331.944 Government institutions and Entitities
Manajemen Kunci 3.942 5.842 Key management
Lain-lain 722.904 772.596 Others
250.922.159 138.110.382
Tabungan (Catatan 20) Saving Deposits (Note 20)
Entitas dan Lembaga Pemerintah 1.778.417 103.372 Government institutions and Entitities
Manajemen Kunci 151.647 158.581 Key management
Lain-lain 95.850 22.903 Others
2.025.914 284.856
Deposito Berjangka (Catatan 21) Time Deposits (Note 21)
Entitas dan Lembaga Pemerintah 149.384.550 113.283.630 Government institutions and Entitities
Manajemen Kunci 63.765 65.972 Key management
Lain-lain 3.228.789 5.315.095 Others
152.677.104 118.664.697
382
Page 1357
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Liabilitas (lanjutan) Liabilities (continued)
Simpanan dari Bank lain dan lembaga Deposits from other banks and
keuangan lainnya (Catatan 22) financial institutions (Note 22)
Entitas dan Lembaga Pemerintah 1.375.787 1.156.791 Government institutions and Entitities
Efek-efek yang dijual dengan janji Securities Sold Under Agreement
dibeli kembali (Catatan 23) To Repurchase (Note 23)
PT Bank Negara Indonesia (Persero) 4.023.684 - PT Bank Negara Indonesia (Persero)
PT Bank Tabungan Negara (Persero) 251.168 4.613 PT Bank Tabungan Negara (Persero
4.274.852 4.613
Surat Berharga yang Diterbitkan Marketable securities issued
(Catatan 24) (Note 24)
Entitas dan Government institutions
Lembaga Pemerintah 5.718.531 4.607.502 and Entitities
Pinjaman yang Diterima (Catatan 25) Fund Borrowings (Note 25)
Entitas dan Lembaga Pemerintah 36.536.685 36.666.287 Government institutions and Entitities
Pinjaman dan Surat Berharga Subordinasi Subordinated loans and marketable
(Catatan 29) 229.330 229.118 securities (Note 29)
Kompensasi kepada manajemen Compensation to key employee
manajemen kunci (Catatan 42) management (Note 42)
Nilai kini kewajiban pensiun Present value of defined benefit
imbalan pasti 788.489 772.523 pension liability
Present value of work separation
Nilai kini kewajiban PHK 337.500 333.607 scheme liability
Nilai kini kewajiban THT 160.814 150.373 Present value of old age benefit liability
Nilai kini kewajiban cuti besar 177.534 162.897 Present value of grand leaves liability
Nilai kini kewajiban penghargaan Present value of gratuity for
tanda jasa 259.991 202.911 service liability
Nilai kini kewajiban program manfaat lain Present value of other benefit program
pembayaran manfaat pasti 9.072 8.708 of defined benefit payment liability
Nilai kini kewajiban BPJS 37.822 19.616 Present value of BPJS liability
1.771.222 1.650.635
Total liabilitas kepada pihak-
pihak berelasi 455.531.584 301.374.881 Total liabilities to related parties
Total liabilitas konsolidasian 1.804.429.671 1.668.871.890 Total consolidation liabilities
Persentase total liabilitas kepada Precentage of liabilities to
pihak-pihak berelasi terhadap related parties to total
total liabilitas konsolidasian 25,25% 18,06% consolidated liabilities
383
Page 1358
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Komitmen dan Kontinjensi pada Commitment and contingencies the
Rekening Administratif administrative accounts
Garansi yang diterbitkan (Catatan 26b) Guarantees issued (Note 26b)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) Tbk 3.644.368 3.430.921 (Persero) Tbk
PT Adhi Karya (Persero) Tbk 2.531.843 2.827.448 PT Adhi Karya (Persero) Tbk
PT Pembangunan Perumahan PT Pembangunan Perumahan
(Persero) Tbk 2.520.164 3.053.194 (Persero) Tbk
PT Perusahaan Gas Negara 2.072.100 2.815.043 PT Perusahaan Gas Negara
PT Pertamina Hulu Rokan 1.500.286 804.750 PT Pertamina Hulu Rokan
PT Pertamina Malaysia EP 1.282.668 1.088.627 PT Pertamina Malaysia EP
PT Pupuk Kalimantan Timur 1.277.386 2.219.673 PT Pupuk Kalimantan Timur
PT Wijaya Karya (Persero) Tbk 1.200.060 1.465.649 PT Wijaya Karya (Persero) Tbk
PT Pertamina Hulu Energi 945.718 893.580 PT Pertamina Hulu Energi
Pertamina International Marketing & Pertamina International Marketing &
Distribution Pte Ltd (PIMD) 791.229 3.293.475 Distribution Pte Ltd (PIMD)
Lain-lain 9.266.799 11.152.949 Others
27.032.621 33.045.309
L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor (Catatan 26b) Irrevocable L/C (Note 26b)
Pertamina International Marketing & Pertamina International Marketing &
Distribution Pte Ltd (PIMD) 1.735.942 3.293.475 Distribution Pte Ltd (PIMD)
PT Kilang Pertamina Balikpapan 1.293.060 1.329.157 PT Kilang Pertamina Balikpapan
PT Kilang Pertamina Internasional 1.290.952 238.825 PT Kilang Pertamina Internasional
PT Kereta Api Indonesia (Persero) 1.169.921 280.473 PT Kereta Api Indonesia (Persero)
PT Petrokimia Gresik 959.513 - PT Petrokimia Gresik
MIND ID Trading Pte Ltd 581.995 - MIND ID Trading Pte Ltd
PT Pelindo Terminal Petikemas 395.114 643.993 PT Pelindo Terminal Petikemas
PT Pertamina Trading and Services 269.599 - PT Pertamina Trading and Services
PT Perumahan Pembangunan PT Perumahan Pembangunan
(Persero) Tbk 258.957 265.772 (Persero) Tbk
PT Bhirawa Steel 237.132 238.793 PT Bhirawa Steel
Lain-lain 994.003 1.856.757 Others
9.186.188 8.147.245
Iuran Program Pensiun Imbalan Pasti Contribution of Defined Benefit Pension
(Catatan 42a) 560.737 368.903 Plan (Note 42a)
Iuran Program Tunjangan Hari Tua Contribution of Old Age Benefit
(Catatan 42b) 168.151 175.057 (Note 42b)
Iuran Program Pensiun Iuran Pasti Contribution of Defined Contribution
(Catatan 42c) 614.893 564.087 Pension Plan (Note 42c)
Total 1.343.781 1.108.047 Total
384
Page 1359
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
Jumlah gaji dan tunjangan, tantiem, bonus dan Total salaries and allowances, tantiem, bonuses and
insentif yang dibayarkan selama tahun berjalan incentives that paid for the following year are as
adalah sebagai berikut: follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Gaji dan tunjangan Dewan Komisaris Salaries and allowance for the Board of
dan Direksi Commissioners and Directors
Gaji dan tunjangan Direksi 240.817 223.075 Salaries and allowance for Director
Salaries and allowance for
Gaji dan tunjangan Dewan Komisaris 80.241 87.700 the Board of Commisioners
Total 321.058 310.775 Total
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Tantiem, bonus dan insentif Tantiem, bonuses and incentives
Dewan Komisaris, Direksi Board of Commissioners, Directors
dan manajemen kunci and key management
Tantiem Direksi 181.099 648.099 Tantiem for Directors
Tantiem Dewan Komisaris 12.495 259.841 Tantiem for Commisioners
Bonuses and incentives for key
Bonus dan insentif Manajemen Kunci 396.349 228.670 management
Total 589.943 1.136.610 Total
385
Page 1360
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
44. TRANSAKSI PIHAK-PIHAK BERELASI (lanjutan) 44. TRANSACTIONS WITH RELATED PARTIES
(continued)
Saldo dan transaksi dengan pihak yang berelasi Balances and transactions with related parties are as
adalah sebagai berikut (lanjutan): follows (continued):
Persentase transaksi dengan pihak-pihak berelasi Percentage of transactions with related parties to total
terhadap total aset dan liabilitas konsolidasian BRI consolidated assets and liabilities of BRI and
dan entitas anak adalah sebagai berikut: subsidiaries are as follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Aset Assets
Giro pada Bank lain 0,023% 0,025% Current accounts with other banks
Penempatan pada Bank Indonesia dan Placement with Bank Indonesia
lembaga keuangan lain 0,130 0,261 and other financial institutions
Efek-efek 11,662 12,004 Securities
Wesel ekspor dan tagihan lainnya 0,355 0,194 Export bills and other receivables
Efek-efek yang dibeli dengan janji Securities Purchased Under Agreement
dijual kembali - 0,048 To Resell
Kredit yang diberikan 7,249 4,474 Loans
Piutang sewa pembiayaan 0,002 0,002 Finance lease receivables
Tagihan akseptasi 0,099 0,103 Acceptances receivable
Penyertaan saham 0,369 0,357 Investment in associated entites
Aset lain-lain 0,033 0,036 Other assets
Total 19,922% 17,504% Total
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Liabilitas Liabilities
Giro 13,911% 8,276% Demand Deposits
Tabungan 0,112 0,017 Saving Deposits
Deposito berjangka 8,464 7,110 Time Deposits
Simpanan dari Bank lain dan Deposits from other bank and
lembaga keuangan lainnya 0,076 0,069 financial institution
Efek-efek yang dijual Securities Purchased Under Agreement
dengan janji dibeli kembali 0,237 - To Repurchase
Surat berharga yang diterbitkan 0,317 0,276 Marketable securities issued
Pinjaman yang diterima 2,026 2,197 Fund Borrowing
Pinjaman dan Surat Berharga Subordinated loans and marketable
Subordinasi 0,013 0,014 securities
Kompensasi kepada manajemen Compensation to key employees
Manajemen Kunci 0,098 0,099 management
Total 25,254% 18,058% Total
386
Page 1361
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
45. PERJANJIAN, KOMITMEN DAN KONTINJENSI 45. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN AND CONTINGENCIES
a. Perjanjian Signifikan a. Significant Agreements
Pada tanggal 3 Mei 2021, BRI mengadakan On May 3, 2021, BRI entered into an agreement
perjanjian dengan PT SAP Indonesia with PT SAP Indonesia regarding the
sehubungan dengan pengadaan software procurement of BRIFIRST software for a period
BRIFIRST untuk jangka waktu 31 (tiga puluh of 31 (thirty one) months with a contract value of
satu) bulan dengan nilai kontrak senilai Rp280,000.
Rp280.000.
Pada tanggal 4 November 2021, BRI On November 4, 2021, BRI entered into an
mengadakan perjanjian dengan PT Info agreement with PT Info Solusindo Data Utama
Solusindo Data Utama sehubungan dengan regarding the procurement of BRIFIRST
pengadaan infrastruktur BRIFIRST untuk infrastructure for a period of 36 (thirty six) months
jangka waktu 36 (tiga puluh enam) bulan with a contract value of Rp164,500.
dengan nilai kontrak senilai Rp164.500.
Pada tanggal 23 Juli 2021, BRI mengadakan On July 23, 2021, BRI entered into an agreement
perjanjian dengan PT Deloitte Consulting with PT Deloitte Consulting regarding the
sehubungan dengan pengadaan konsultan procurement of a system integrator consultant
system integrator fase implementasi non for the non-product implementation phase for a
product untuk jangka waktu 20 (dua puluh) period of 20 (twenty) months with a contract
bulan dengan nilai kontrak senilai Rp150.000. value of Rp150,000.
Pada tanggal 21 Februari 2022, BRI On February 21, 2022, BRI entered into an
mengadakan perjanjian dengan PT Deloitte agreement with PT Deloitte Consulting regarding
Consulting sehubungan dengan pengadaan the procurement of a system integrator
konsultan system integrator fase implementasi consultant for the product implementation phase
product untuk jangka waktu 20 (dua puluh) for a period of 20 (twenty) months with a contract
bulan dengan nilai kontrak senilai Rp348.500. value of Rp348,500.
Pada tanggal 12 Agustus 2024, BRI On August 12, 2024, BRI entered into an
mengadakan perjanjian dengan PT SAP agreement with PT SAP Indonesia regarding the
Indonesia sehubungan dengan pengadaan procurement of SAP system licenses and
lisensi sistem dan support SAP untuk jangka support for a period of 12 (twelve) months with a
waktu 12 (dua belas) bulan dengan nilai kontrak contract value of Rp40,776. The bank has
senilai Rp40.776. Bank telah melakukan recorded it as a fixed asset at the same contract
pembukuan sebagai aset tetap sebesar nilai value. The engagement between BRI Bank and
kontrak yang sama. Perikatan antara Bank BRI related parties follows the terms and conditions
dengan pihak terkait telah mengikuti syarat dan that have been mutually agreed upon.
ketentuan yang telah disepakati bersama.
Pada tanggal 14 Maret 2025, BRI mengadakan On March 14, 2025, BRI entered into an
perjanjian dengan PT Satkomindo Mediyasa, agreement with PT Satkomindo Mediyasa,
sehubungan dengan Pengadaan Perpanjangan regarding the Procurement of MPLS
Sewa Layanan Jaringan Komunikasi MPLS Communication Network Service Lease
Provider Satkom untuk Unit Kerja BRI Tahun Extension from Satkom Provider for BRI Work
2025-2026 untuk jangka waktu 24 (dua puluh Units for the year 2025-2026 for a period of 24
empat) bulan dengan nilai kontrak senilai (twenty-four) months with a contract value of
Rp143.956. Rp143,956.
387
Page 1362
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
45. PERJANJIAN, KOMITMEN DAN KONTINJENSI 45. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Liabilitas Kontinjensi b. Contingent Liabilities
Dalam melakukan usahanya, BRI menghadapi In conducting its business, BRI faces various
berbagai perkara hukum dan tuntutan, dimana legal cases and lawsuit, in which BRI is the
BRI sebagai tergugat, terutama sehubungan defendant, mainly regarding the compliance with
dengan kepatuhan dengan kontrak. Walaupun contracts. Although there is no clear certainty,
belum ada kepastian yang jelas, BRI BRI believes that based on existing information
berpendapat bahwa berdasarkan informasi and the ultimate resolution of these cases, these
yang ada dan keputusan terakhir dari perkara legal cases and lawsuits will not likely have a
bahwa tuntutan hukum ini tidak akan material effect on the operations, financial
berdampak secara material pada operasi, position or liquidity level of BRI.
posisi keuangan atau tingkat likuiditas BRI.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI has
2024, BRI telah membentuk cadangan provided an allowance (presented in “Other
(disajikan dalam akun “Liabilitas lain-lain”) Liabilities” account) for several pending lawsuits
untuk sejumlah tuntutan hukum yang belum filed against BRI amounting Rp1,120,521 and
diputuskan masing-masing sebesar Rp676,572, respectively (Note 28). Management
Rp1.120.521 dan Rp676.572 (Catatan 28). believes that the amount of reserves established
Manajemen berpendapat bahwa jumlah for the potential losses arising from legal claims
cadangan yang dibentuk atas kemungkinan that have not yet been resolved or are still in
timbulnya kerugian akibat tuntutan hukum yang process is adequate.
belum diputuskan atau masih dalam proses
tersebut telah memadai.
46. JAMINAN PEMERINTAH TERHADAP 46. GOVERNMENT GUARANTEE ON OBLIGATIONS
KEWAJIBAN PEMBAYARAN BANK UMUM OF COMMERCIAL BANKS
Berdasarkan Undang-undang No. 24 Tahun 2004 Based on Law No. 24 of 2004 dated September 22,
tanggal 22 September 2004 tentang “Lembaga 2004 regarding the "Deposit Insurance Corporation"
Penjamin Simpanan” yang terakhir kali diubah which was last amended by Law No. 4 of 2023
dengan UU No. 4 Tahun 2023 tentang regarding the Development and Strengthening of the
Pengembangan dan Penguatan Sektor Keuangan Financial Sector ("P2SK Law"), the Government has
(“UU P2SK”), Pemerintah telah membentuk lembaga established an independent institution, namely the
independen yaitu Lembaga Penjamin Simpanan Deposit Insurance Corporation (LPS), in order to
(LPS) yang menjamin dana masyarakat termasuk provide guarantees on public funds including funds
dana dari bank lain dalam bentuk giro, deposito, from other banks in the form of demand deposits,
sertifikat deposito, tabungan dan atau bentuk lainnya time deposits, deposit certificates, saving deposits
yang dipersamakan dengan itu. and/or other similar forms.
Berdasarkan Peraturan Pemerintah No. 66 Tahun Based on Government Regulation No. 66 Year 2008,
2008 tanggal 13 Oktober 2008 tentang “Besaran Nilai dated October 13, 2008 regarding “The Amount of
Simpanan yang Dijamin Lembaga Penjamin Deposit Value Guaranteed by the Deposit Insurance
Simpanan” yang disempurnakan melalui PLPS Corporation” amended through PLPS No. 1 Year
No. 1 Tahun 2023 tentang Program Penjaminan 2023 regarding the Deposit Insurance Program,
Simpanan, bahwa saldo yang dijamin untuk setiap which stated the guaranteed balance for each
nasabah pada satu Bank adalah paling tinggi customer in each bank is at most Rp2,000,000,000
Rp2.000.000.000 (nilai penuh). (full amount).
Suku bunga penjaminan LPS pada tanggal LPS guarantee interest rate as of December 31, 2025
31 Desember 2025 dan 2024 masing-masing adalah and 2024 were 3.50% and 4.25%, respectively, for
sebesar 3,50% dan 4,25% untuk simpanan dalam deposits in Rupiah. For deposits in foreign currency
mata uang Rupiah. Untuk simpanan dalam mata as of December 31, 2025 and 2024 were 2.00% and
uang asing pada tanggal 31 Desember 2025 dan 2.25%, respectively.
2024 masing-masing adalah sebesar 2,00% dan
2,25%.
388
Page 1363
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. PERNYATAAN STANDAR AKUNTANSI 47. ISSUED AND REVISED STATEMENTS OF
KEUANGAN (PSAK) YANG DIKELUARKAN DAN FINANCIAL ACCOUNTING STANDARDS (SFAS)
DIREVISI
Berikut adalah ikhtisar PSAK yang telah diterbitkan The following summarizes the SFAS which were
oleh Dewan Standar Akuntansi Keuangan (DSAK) - issued by the Financial Accounting Standards Board
IAI yang relevan untuk BRI dan entitas anak, namun (FASB) – IAI and are relevant to BRI and
belum berlaku efektif untuk laporan keuangan Subsidiaries, but not yet effective for
konsolidasian pada tanggal 31 Desember 2025: the consolidated financial statements as of
December 31, 2025:
Efektif berlaku pada atau setelah tanggal Effective on or after January 1, 2026:
1 Januari 2026:
a. Amendemen PSAK No. 109 “Instrumen a. Amendment to SFAS No. 109 "Financial
Keuangan” dan PSAK No. 107 “Instrumen Instruments" and SFAS No. 107 "Financial
Keuangan: Pengungkapan tentang Klasifikasi Instruments: Disclosures about the
dan Pengukuran Instrumen Keuangan” Classification and Measurement of Financial
Instruments"
Amendemen ini menambahkan dan
mengklarifikasi ketentuan dalam PSAK No. 109 These amendments adding and clarify
terkait penghentian pengakuan liabilitas statement in SFAS No. 109 regarding
keuangan, serta mengklarifikasi penilaian derecognition of financial liabilities, as well as
karakteristik arus kas untuk aset keuangan clarify the assessment of cash flow
dengan fitur ESG-linked, aset keuangan characteristics for financial assets with ESG-
dengan fitur non-recourse, dan instrumen yang linked features, financial assets with non-
terikat secara kontraktual seperti tranche. recourse features, and contractually bound
Amendemen ini juga mengubah ketentuan instruments such as tranches. The
dalam PSAK No. 107 terkait persyaratan amendments also revise the statement in SFAS
pengungkapan investasi pada instrumen No. 107 regarding the disclosure requirements
ekuitas yang diukur pada nilai wajar melalui for investments in equity instruments measured
penghasilan komprehensif lain dan menambah at fair value through other comprehensive
ketentuan terkait instrumen keuangan dengan income and adding statament related to
persyaratan kontraktual yang mengubah waktu financial instruments with contractual terms that
atau jumlah arus kas kontraktual. alter the timing or amount of contractual cash
flows."
b. SAK No. 338 (Revisi 2025): Kombinasi Bisnis b. SFAS No. 338 (Revised 2025): Business
Entitas Sepengendali Combinations of Entities Under Common
Control
Revisi ini mencakup ruang lingkup dan This revision encompasses the scope and
penerapan dari metode penyatuan kepemilikan application of the pooling of interests method
(pooling of interest) dan pelepasan di ekuitas and disposal in equity as accounting concepts
(disposal in equity) sebagai konsep akuntansi utilized in SFAS No.338.
yang digunakan dalam PSAK No. 338.
Perubahan utama dalam revisi ini mencakup Key amendments in this revision include the
pengecualian entitas investasi dari ruang exclusion of investment entities from the scope of
lingkup PSAK No. 338, serta tambahan definisi SFAS No.338, as well as the addition of
bisnis alihan, entitas penerima, dan entitas definitions for transferred business, receiving
pengalih. Revisi ini juga mencakup rujukan entity, and transferring entity. This revision also
jumlah tercatat bisnis alihan dan penyajian addresses references to the carrying amount of
informasi prakombinasi bisnis ketika terjadi the transferred business and the presentation of
ketidakpraktisan dalam penerapan metode pre-business combination information in
penyatuan kepemilikan. instances where the application of the pooling of
interests method is deemed impractical.
389
Page 1364
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. PERNYATAAN STANDAR AKUNTANSI 47. ISSUED AND REVISED STATEMENTS OF
KEUANGAN (PSAK) YANG DIKELUARKAN DAN FINANCIAL ACCOUNTING STANDARDS (SFAS)
DIREVISI (lanjutan) (continued)
Berikut adalah ikhtisar PSAK yang telah diterbitkan The following summarizes the SFAS which were
oleh Dewan Standar Akuntansi Keuangan (DSAK) - issued by the Financial Accounting Standards Board
IAI yang relevan untuk BRI dan entitas anak, namun (FASB) – IAI and are relevant to BRI and
belum berlaku efektif untuk laporan keuangan Subsidiaries, but not yet effective for
konsolidasian pada tanggal 31 Desember 2025 the consolidated financial statements as of
(lanjutan): December 31, 2025 (lanjutan):
Efektif berlaku pada atau setelah tanggal
Effective on or after January 1, 2027:
1 Januari 2027:
a. PSAK No. 118: Penyajian dan Pengungkapan a. SFAS No. 118: Presentation and Disclosure in
dalam Laporan Keuangan Financial Statements
Standar akuntansi baru yang mengatur A new accounting standard that establishes
persyaratan untuk penyajian dan requirements for the presentation and
pengungkapan informasi dalam laporan disclosure of information in general-purpose
keuangan bertujuan umum untuk membantu financial statements to help ensure that financial
memastikan laporan keuangan menyediakan statements provide relevant information that
informasi relevan yang merepresentasikan faithfully represents assets, liabilities, equity,
secara tepat aset, liabilitas, ekuitas, income, and expenses. SFAS No. 118 will
penghasilan, dan beban. PSAK No. 118 akan replace SFAS No. 201: Presentation of
menggantikan PSAK No. 201: Penyajian Financial Statements.
Laporan Keuangan.
b. PSAK No. 119: Entitas Anak Tanpa b. SFAS No. 119: Subsidiaries Without Public
Akuntabilitas Publik: Pengungkapan Accountability: Disclosure
Standar akuntansi baru yang mengatur A new accounting standard that establishes
persyaratan pengungkapan yang dapat disclosure requirements which may be applied
diterapkan oleh entitas sebagai pengganti by an entity as a substitute for the disclosure
persyaratan pengungkapan dalam PSAK lain requirements set forth in other applicable SFAS,
yang dapat diterapkan oleh entitas anak tanpa specifically for subsidiaries without public
akuntabilitas publik di mana entitas induknya accountability, provided that the parent entity
menyusun laporan keuangan konsolidasian prepares consolidated financial statements that
yang tersedia bagi publik yang mematuhi SAK are publicly available and prepared in
Indonesia, SAK Internasional, atau IFRS accordance with Indonesian Financial
Accounting Standards Accounting Standards (SAK Indonesia),
International Financial Reporting Standards
(International SAK), or IFRS Accounting
Standards.
c. Amandemen PSAK No. 119: Entitas Anak c. SFAS No. 119: Subsidiaries Without Public
Tanpa Akuntabilitas Publik: Pengungkapan Accountability: Disclosure
Amendemen ini merujuk pada amendemen This amendment refers to the amendment to
IFRS 19 Subsidiaries without Public IFRS 19 Subsidiaries without Public
Accountability: Disclosures yang terbit pada Accountability: Disclosures issued on
24 November 2025. Perubahan utama dalam November 24, 2025. Key changes in this
amendemen ini mencakup: amendment include:
1. Penghapusan penerapan dalam laporan 1. Removal of the application in separate
keuangan tersendiri oleh entitas induk financial statements by intermediate parent
perantara. entities.
2. Penghapusan tujuan pengungkapan 2. Removal of disclosure objectives regarding
terkait pembiayaan pemasok, kekurangan supplier finance arrangements, lack of
ketertukaran, model Pilar Dua, klasifikasi exchangeability, Pillar Two model,
dan pengukuran instrumen keuangan, classification and measurement of financial
serta liabilitas jangka panjang dengan instruments, and non-current liabilities with
kovenan. covenants.
390
Page 1365
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. PERNYATAAN STANDAR AKUNTANSI 47. ISSUED AND REVISED STATEMENTS OF
KEUANGAN (PSAK) YANG DIKELUARKAN DAN FINANCIAL ACCOUNTING STANDARDS (SFAS)
DIREVISI (lanjutan) (continued)
Berikut adalah ikhtisar PSAK yang telah diterbitkan The following summarizes the SFAS which were
oleh Dewan Standar Akuntansi Keuangan (DSAK) - issued by the Financial Accounting Standards Board
IAI yang relevan untuk BRI dan entitas anak, namun (FASB) – IAI and are relevant to BRI and
belum berlaku efektif untuk laporan keuangan Subsidiaries, but not yet effective for
konsolidasian pada tanggal 31 Desember 2025 the consolidated financial statements as of
(lanjutan): December 31, 2025 (lanjutan):
Efektif berlaku pada atau setelah tanggal Effective on or after January 1, 2027 (continued):
1 Januari 2027 (lanjutan):
c. Amandemen PSAK No. 119: Entitas Anak Tanpa c. SFAS No. 119: Subsidiaries Without Public
Akuntabilitas Publik: Pengungkapan (lanjutan) Accountability: Disclosure (continued)
3. Pengurangan persyaratan pengungkapan 3. Reduction of disclosure requirements
terkait pengaturan pembiayaan pemasok. related to supplier finance arrangements.
4. Penghapusan materi yang berisi panduan 4. Removal of material that constitutes
dan bukan persyaratan pengungkapan. guidance rather than disclosure
5. Penggantian persyaratan pengungkapan requirements.
ukuran kinerja tetapan manajemen dengan 5. Replacement of disclosure requirements for
rujukan silang ke PSAK 118. management-defined performance
measures with a cross-reference to SFAS
118.
BRI dan entitas anaknya sedang mengevaluasi dan BRI and its subsidiaries are evaluating and have not
belum menetapkan dampak dari PSAK yang determined the impact of the revised SFAS on the
dikeluarkan dan direvisi tersebut terhadap laporan consolidated financial statements.
keuangan konsolidasian.
48. MANAJEMEN MODAL 48. CAPITAL MANAGEMENT
Tujuan manajemen permodalan Bank adalah untuk The Bank’s capital management objective is to
mempertahankan posisi modal yang kuat untuk maintain a strong capital position to support business
mendukung pertumbuhan bisnis dan growth and to sustain investor, depositor, customer
mempertahankan investor, deposan, pelanggan dan and market confidence. In managing its capital, the
kepercayaan pasar. Dalam pengelolaan permodalan, Bank considers factors such as: providing optimal
Bank mempertimbangkan faktor-faktor seperti: capital rate of return to shareholders, maintaining a
pengembalian modal yang optimal pada pemegang balance between high return gearing ratio and safety
saham, menjaga keseimbangan antara keuntungan provided by a sound capital position.
yang lebih tinggi dengan gearing ratio serta
keamanan yang diberikan oleh posisi modal yang
sehat.
Pada tanggal 31 Desember 2025 dan 2024, Bank As of December 31, 2025 and 2024, the Bank has
telah memenuhi semua persyaratan modal yang complied with all capital requirements.
diwajibkan.
391
Page 1366
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN 49. ADDITIONAL INFORMATION
Informasi tambahan berikut merupakan informasi The following additional information is not required by
yang tidak dipersyaratkan oleh Standar Akuntansi Indonesian Financial Accounting Standards.
Keuangan di Indonesia.
a. Rasio Kewajiban Penyediaan Modal Minimum a. Capital Adequacy Ratio (CAR)
(CAR)
BRI secara aktif mengelola modalnya sesuai BRI actively manages its capital in accordance
dengan peraturan yang berlaku. Tujuan with the applicable regulations. The primary
utamanya adalah untuk memastikan bahwa objective is to ensure that BRI, at any time, can
setiap saat BRI dapat menjaga kecukupan maintain adequate its capital adequacy to cover
modalnya untuk menutup risiko bawaan (inherent risks) to its banking activities without
(inherent risk) pada kegiatan perbankan tanpa reducing the optimization of shareholder’s value.
mengurangi optimalisasi nilai kepada pemegang
saham.
CAR pada tanggal-tanggal 31 Desember 2025 CAR as of December 31, 2025 and 2024 is
dan 2024 dihitung berdasarkan Peraturan calculated based on Financial Services Authority
Otoritas Jasa Keuangan (POJK) Regulation (POJK) No.11/POJK.03/2016
No. 11/POJK.03/2016 tentang Kewajiban concerning Minimum Capital Requirements for
Penyediaan Modal Minimum Bank Umum yang Commercial Banks which has been amended 2
telah diaddendum sebanyak 2 (dua) kali dengan (two) times with POJK No. 34/POJK.03/2016
POJK No. 34/POJK.03/2016 tentang Perubahan concerning Amendments to POJK No.
atas POJK No. 11/POJK.03/2016 tentang 11/POJK.03/2016 concerning Minimum Capital
Kewajiban Penyediaan Modal Minimum Bank Requirements for Commercial Banks and POJK
Umum dan POJK No. 27/POJK.03.2022 tentang No. 27/POJK.03.2022 concerning the second
Perubahan kedua atas POJK amendment to POJK No. 11/POJK.03/2016
No. 11/POJK.03/2016 tentang Kewajiban concerning Bank Minimum Capital
Penyediaan Modal Minimum Bank. Requirements.
Berdasarkan POJK No. 34/POJK.03/2016, PBI Based on POJK No. 34/POJK.03/2016, PBI
No. 17/22/PBI/2015 tentang Kewajiban No. 17/22/PBI/2015 regarding the Mandatory
Pembentukan Countercyclical Buffer dan POJK Formation of Countercyclical Buffer and
No. 46/POJK.03/2015 tentang Penetapan POJK No. 46/POJK.03/2015 regarding the
Systemically Important Bank dan Capital Determination of Systemically Important Banks
Surcharge, selain kewajiban penyediaan modal and Capital Surcharges, in addition to the
minimum sesuai profil risiko, BRI wajib minimum capital requirement in accordance
membentuk tambahan modal penyangga with the risk profile, BRI is required to form
(buffer) berupa Capital Conservation Buffer, additional capital (buffer), in the form of Capital
Countercyclical Buffer dan Capital Surcharge, Conservation Buffer, Countercyclical Buffer, and
yang wajib dibentuk secara bertahap mulai Capital Surcharge, which must be formed
tanggal 1 Januari 2016. gradually since January 1, 2016.
Pembentukan modal penyangga (buffer) berupa Formation of buffer capital in the form of Capital
Capital Conservation Buffer, Countercyclical Conservation Buffer, Countercyclical Buffer and
Buffer dan Capital Surcharge yang wajib Capital Surcharge that must be formed by BRI
dibentuk oleh BRI berdasarkan persentase based on a certain percentage of risk-weighted
tertentu dari ATMR adalah masing-masing assets are 2.5%, 0% and 2.5%, respectively.
2,5%, 0% dan 2,5%.
Berdasarkan profil risiko BRI pada semester I Based on the BRI’s risk profile as of semester I
dan semester II tahun 2024, yaitu low to and semester II year 2024, which are low to
moderate, maka CAR minimum pada tanggal- moderate, the minimum CAR as of December
tanggal 31 Desember 2025 dan 2024 ditetapkan 31, 2025 and 2024 is set at 9% up to less than
masing-masing sebesar 9% sampai dengan 10%.
kurang dari 10%.
392
Page 1367
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
Informasi tambahan berikut merupakan informasi The following additional information is not required by
yang tidak dipersyaratkan oleh Standar Akuntansi Indonesian Financial Accounting Standards.
Keuangan di Indonesia. (lanjutan) (continued)
a. Rasio Kewajiban Penyediaan Modal Minimum a. Capital Adequacy Ratio (CAR) (continued)
(CAR) (lanjutan)
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024 BRI has
2024 BRI telah memenuhi rasio sesuai yang fulfilled the ratio as required by Bank Indonesia
disyaratkan Bank Indonesia dan Otoritas Jasa (BI) and Financial Service Authority for capital
Keuangan untuk rasio kecukupan modal. adequacy ratio.
CAR BRI (entitas induk) pada tanggal BRI’s CAR (parent entity) as of December 31,
31 Desember 2025 dan 2024 masing-masing 2025 and 2024 are calculated as follows:
dihitung sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Modal Inti (Tier 1) Core Capital (Tier 1)
Modal Inti Utama (CET 1) 246.050.197 241.043.217 Common Equity (CET 1)
Modal Pelengkap (Tier 2) 13.974.723 11.725.187 Supplementary Capital (Tier 2)
Total Modal 260.024.920 252.768.404 Total Capital
Aset Tertimbang Menurut Risiko
(ATMR) Risk Weighted Asset (RWA)
ATMR untuk Risiko Kredit*) 1.095.627.697 907.054.632 RWA for Credit Risk*)
ATMR untuk Risiko Pasar**) 22.977.739 27.272.654 RWA for Market Risk**)
ATMR untuk Risiko
Operasional***) 115.666.470 100.903.263 RWA for Operational Risk***)
Total RWA 1.234.271.906 1.035.230.549 Total RWA
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rasio CAR CAR Ratio
Rasio CET 1 19,93% 23,28% CET 1 Ratio
Rasio Tier 1 19,93% 23,28% Tier 1 Ratio
Rasio Tier 2 1,13% 1,13% Tier 2 Ratio
Rasio Total 21,06% 24,41% Total Ratio
Rasio Minimum Tier 1 6,00% 6,00% Tier 1 Minimum Ratio
Rasio Minimum CET 1 4,50% 4,50% CET 1 Minimum Ratio
CAR Minimum Berdasarkan Minimum CAR Based
Profil Risiko 9,00% 9,00% on Risk Profile
*) Risiko Kredit dihitung berdasarkan SE OJK No. 24/SEOJK.03/2021 tanggal *) Credit risk is calculated based on SE OJK No. 24/SEOJK.03/2021 dated
7 Oktober 2021. October 7, 2021.
**) Risiko Pasar posisi 31 Desember 2025 dan 2024 dihitung berdasarkan SE **) As of December 31, 2025 and 2024, Market risk is calculated based on SE
OJK No. 23/SEOJK.03/2022 tanggal 7 Desember 2022. OJK No. 23/SEOJK.03/2022 dated December 7, 2022.
***) Operational risk is calculated based on SE OJK No. 6/SEOJK.03/2020 dated
***) Risiko Operasional dihitung berdasarkan SE OJK No. 6/SEOJK.03/2020 April 29, 2020.
tanggal 29 April 2020.
393
Page 1368
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
b. Informasi Penting Lainnya Kredit yang Diberikan b. Other Significant Information Loans
1) Informasi mengenai restrukturisasi yang 1) Information regarding restructured loan by
dilakukan BRI dan entitas anak BRI and its subsidiaries
Tabel berikut merupakan informasi atas The following table presents information of
kredit yang diberikan yang telah restructured loan by BRI by type and
direstrukturisasi BRI berdasarkan jenis dan collectibility, as follows:
kolektibilitas:
31 Desember 2025/December 31, 2025
Dalam Perhatian Kurang
Khusus/ Special Lancar/ Diragukan/
Lancar/Current Mention Substandard Doubtful Macet/Loss Jumlah/Total
Jenis Type
Modal kerja 30.084.780 23.943.834 1.871.186 2.814.900 6.297.915 65.012.615 Working capital
Investasi 8.134.592 2.088.117 681.595 3.017.845 1.658.752 15.580.901 Investment
Konsumsi 2.460.101 807.632 80.025 117.233 617.679 4.082.670 Consumer
Total 40.679.473 26.839.583 2.632.806 5.949.978 8.574.346 84.676.186 Total
31 Desember 2024/December 31, 2024
Dalam Perhatian Kurang
Khusus/ Special Lancar/ Diragukan/
Lancar/Current Mention Substandard Doubtful Macet/Loss Jumlah/Total
Jenis Type
Modal kerja 29.677.751 26.605.034 1.723.506 2.576.131 5.976.878 66.559.300 Working capital
Investasi 9.734.122 3.880.018 157.900 1.771.994 2.635.766 18.179.800 Investment
Konsumsi 2.725.713 1.137.863 93.564 120.167 606.884 4.684.191 Consumer
Total 42.137.586 31.622.915 1.974.970 4.468.292 9.219.528 89.423.291 Total
2) Dalam laporan Batas Maksimum Pemberian 2) In BRI’s report on Legal Lending Limit to
Kredit (BMPK) per tanggal-tanggal Bank Indonesia as of December 31, 2025
31 Desember 2025 dan 2024 kepada Bank and 2024 to Bank Indonesia
Indonesia No. 7/3/PBI/2005 dan Otoritas No. 7/3/PBI/2005 and Financial Services
Jasa Keuangan (OJK) No. Authority (OJK) No. 38/POJK.03/2019
38/POJK.03/2019 tanggal 19 Desember dated December 19, 2019 concerning the
2019 tentang Perubahan Atas Peraturan Amendment to the Financial Services
Otoritas Jasa Keuanagn Authority Regulation No. 32/POJK.03/2018
No.32/POJK.03/2018 tentang Batas on the Legal Lending Limit and Provision of
Maksimum Pemberian Kredit dan Large Funds for Commercial Banks, BRI
Penyediaan Dana Besar Bagi Bank Umum, has neither related parties nor third party
BRI tidak memiliki debitur, baik pihak terkait debtors, in accordance with Bank Indonesia
maupun pihak tidak terkait, yang tidak regulation and Financial Services Authority
memenuhi atau melampaui ketentuan (OJK), that does not comply with or exceed
BMPK sesuai dengan Peraturan Bank the Legal Lending Limit, respectively.
Indonesia dan OJK.
394
Page 1369
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
b. Informasi Penting Lainnya Kredit yang Diberikan b. Other Significant Information Loans (continued)
(lanjutan)
3) Rincian kredit yang mengalami penurunan 3) The details of non-performing collective
nilai merupakan kredit yang mengalami loans with collectibility of substandard,
penurunan nilai berdasarkan evaluasi doubtful and loss and total individual loans,
secara individual dan kredit dengan as well as the allowance for impairment
kolektibilitas kurang lancar, diragukan dan losses by economic sector, are as follows:
macet berdasarkan sektor ekonomi, serta
cadangan kerugian penurunan nilai adalah
sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Perdagangan, perhotelan
dan restoran 21.017.147 17.567.182 Trading, hotels & restaurants
Perindustrian 9.334.455 11.172.229 Manufacturing
Pertanian 9.842.235 8.935.286 Agricultures
Konstruksi 7.216.961 7.100.058 Construction
Jasa dunia usaha 7.095.780 6.367.768 Business services
Pertambangan 2.471.409 2.305.584 Mining
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 879.670 812.853 and communication
Listrik, gas dan air 159.756 232.994 Electricity, gas and water
Jasa pelayanan sosial 202.599 308.463 Social services
Lain-lain 6.476.999 4.884.507 Others
Total 64.697.011 59.686.924 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (45.439.089) (42.746.243) impairment losses
Neto 19.257.922 16.940.681 Net
4) Rasio-rasio 4) Ratios
a. Rasio Non-Performing Loan (NPL) BRI a. The ratios of non-performing loans
(entitas induk) berdasarkan peraturan (NPL) BRI (parent entity) based on
terkait adalah sebesar 3,29% dan related regulation are 3.29% and
2,94% masing-masing pada tanggal- 2.94% as of December 31, 2025 and
tanggal 31 Desember 2025 dan 2024, respectively. While the ratios of
2024. Sedangkan rasio NPL neto BRI BRI’s (parent entity) non-performing
(entitas induk) adalah sebesar 0,96% loans (NPL) - net are 0.96% and 0.75%
dan 0,75% masing-masing pada as of December 31, 2025 and 2024,
tanggal 31 Desember 2025 dan 2024. respectively. The total credit used in
Total kredit yang digunakan dalam calculating NPL excludes the carrying
perhitungan NPL ini tidak termasuk nilai amount of loan disbursed to other
tercatat kredit yang diberikan ke Bank banks, as in accordance with SEOJK
lain, sesuai dengan SEOJK No. No. 9/SEOJK.03/2020 regarding
9/SEOJK.03/2020 tentang Transparency and Publication of the
Transparansi dan Publikasi Laporan Report of Conventional Commercial
Bank Umum Konvensional. Bank.
b. Rasio kredit usaha kecil terhadap b. The ratio of small business loans to
jumlah kredit yang diberikan BRI total loans provided by BRI was
adalah sebesar 49,25% dan 55,43% 49.25% and 55.43% as of December
masing-masing pada tanggal 31, 2025 and 2024, respectively.
31 Desember 2025 dan 2024.
395
Page 1370
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
b. Informasi Penting Lainnya Kredit yang Diberikan b. Other Significant Information Loans (continued)
(lanjutan)
4) Rasio-rasio (lanjutan) 4) Ratios (continued)
Termasuk dalam saldo cadangan kerugian Included in the balance of allowance for
penurunan nilai BRI (entitas induk) adalah impairment losses of BRI (parent entity) are
cadangan kerugian untuk daerah yang masih reserves for losses for areas that are still
dikategorikan sebagai daerah rawan bencana categorized as disaster-prone areas or that have
atau yang pernah mengalami bencana sebesar experienced disasters amounted Rp321,136
Rp321.136 dan Rp132.489 dengan nilai tercatat and Rp132,489 with the carrying value
sebesar Rp2.135.314 dan Rp1.260.407 masing- amounted to Rp2,135,314 and Rp1,260,407 as
masing pada tanggal 31 Desember 2025 dan of December 31, 2025 and 2024, respectively.
2024.
Jumlah minimum Penyisihan Penilaian Kualitas The minimum allowance for assets quality
Aset kredit yang diberikan BRI (Entitas Induk), assessment on loan provided by BRI (Parent
yang wajib dibentuk sesuai dengan Peraturan Entity), which must be established in
Otoritas Jasa Keuangan (POJK) accordance with Financial Services Authority
No. 40/POJK.03/2019 tanggal 19 Desember Regulation (POJK) No. 40/POJK.03/2019 dated
2019 adalah sebesar Rp48.682.468 dan December 19, 2019 amounted to Rp48,682,468
Rp41.253.476 masing-masing pada tanggal 31 and Rp41,253,476 as of December 31, 2025
Desember 2025 dan 2024. and 2024, respectively.
c. Rasio Kredit Non-Performing (NPL) c. Non-Performing Loans (NPL) Rasio
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, the NPL
2024, rasio NPL BRI konsolidasian (kredit yang ratio of BRI consolidated (loans, sharia loans
diberikan, pinjaman syariah dan piutang sewa and finance lease receivables) is as follows:
pembiayaan) adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rasio NPL - bruto 3,07% 2,78% NPL ratio - gross
Rasio NPL - neto 0,88 % 0,70% NPL ratio - net
Rasio NPL - neto dihitung berdasarkan NPL NPL ratio - net is calculated based on NPL less
setelah dikurangi cadangan kerugian penurunan the minimum allowance for impairment losses in
nilai, sesuai dengan peraturan terkait dibagi accordance with Bank Indonesia Regulations
dengan jumlah kredit yang diberikan, piutang divided by the total loans, finance lease
sewa pembiayaan dan pinjaman syariah. receivables, and sharia loans.
396
Page 1371
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
d. Kolektibilitas d. Collectibility
31 Desember 2025/December 31, 2025
Dalam Perhatian
Khusus/ Kurang Lancar/ Diragukan/
Keterangan/Description Lancar/ Current Special Mention Substandard Doubtful Macet/Loss Jumlah/Total
Giro pada Bank Indonesia/ 31.929.608 - - - - 31.929.608
Current accounts with Bank Indonesia
Giro pada bank lain/
Current accounts with Other Banks 42.444.581 - - - - 42.444.581
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (11.273) - - - - (11.273)
Penempatan pada Bank Indonesia
dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 21.057.210 - - - - 21.057.210
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (2.405) - - - - (2.405)
Efek-efek/Securities 372.732.802 - - - - 372.732.802
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (89.519) - - - - (89.519)
Wesel ekspor dan tagihan lainnya/
Export Bills and Other Receivables 48.250.279 1.805 - - - 48.252.084
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (463.693) (1.805) - - - (465.498)
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 24.452 - - - - 24.452
Kredit yang diberikan/Loans
Individual/Individual* 10.831.158 7.995.966 1.587.910 3.215.874 4.121.380 27.752.288
Kolektif/Collective* 1.252.289.351 45.797.464 4.750.116 7.648.229 24.339.798 1.334.824.958
Usaha gadai/loan granting
under pawning business
activity** 96.361.405 1.584.187 48.420 18.731 139.429 98.152.172
Cadangan kerugian penurunan nilai/
Allowance for impairment losses
Individual/Individual* (6.263.652) (6.589.914) (1.403.072) (3.168.654) (4.060.634) (21.485.926)
Kolektif/Collective* (19.775.414) (10.980.235) (2.950.533) (4.781.834) (16.200.136) (54.688.152)
Usaha gadai/loan granting
under pawning business
activity** (3.086.322) (47.559) (1.268) (540) (18.852) (3.154.541)
Pinjaman syariah/Sharia loans 52.856.086 2.794.460 89.218 155.355 455.163 56.350.282
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (1.341.120) (1.654.071) (63.509) (120.958) (385.457) (3.565.115)
Piutang sewa pembiayaan/
Finance lease receivables 4.051.468 277.671 12.773 24.414 39.831 4.406.157
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (13.299) (77.270) (9.866) (24.845) (39.642) (164.922)
Tagihan akseptasi/
Acceptance receivables 13.078.567 - - - - 13.078.567
Cadangan kerugian penurunan nilai/ (32.226) - - - - (32.226)
Allowance for impairment losses
397
Page 1372
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
d. Kolektibilitas (lanjutan) d. Collectibility (continued)
31 Desember 2025/December 31, 2025
Dalam Perhatian
Khusus/ Kurang Lancar/ Diragukan/
Keterangan/Description Lancar/ Current Special Mention Substandard Doubtful Macet/Loss Jumlah/Total
Penyertaan saham/
Investment in shares 8.834.868 8.834.868
Komitmen dan Kontinjensi/ 213.273.539 1.403.871 42.981 69.459 61.600 214.851.450
Commitments and Contingencies
Estimasi kerugian pada komitmen (1.503.081) (443.054) - - - (1.946.135)
Dan kontinjensi/
Estimated losses on
Commitments and contingencies
31 Desember 2024/December 31, 2024
Dalam Perhatian
Khusus/ Kurang Lancar/ Diragukan/
Keterangan/Description Lancar/ Current Special Mention Substandard Doubtful Macet/Loss Jumlah/Total
Giro pada Bank Indonesia/
Current accounts with Bank Indonesia 88.878.969 - - - - 88.878.969
Giro pada bank lain/
Current accounts with Other Banks 25.582.825 - - - - 25.582.825
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (8.378) - - - - (8.378)
Penempatan pada Bank Indonesia
dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 57.874.335 - - - - 57.874.335
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (767) - - - - (767)
Efek-efek/Securities 326.535.700 - - - - 326.535.700
Cadangan kerugian penurunan nilai
Allowance for impairment losses (58.823) - - - - (58.823 )
Wesel ekspor dan tagihan lainnya/
Export Bills and Other Receivables 40.618.097 24.637 3.067 - 11.021 40.656.822
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (1.075.559) - - - - (1.075.559 )
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 16.845.690 - - - - 16.845.690
Kredit yang diberikan/Loans
Individual/Individual* 12.230.198 10.642.139 474.159 1.818.969 5.179.429 30.344.894
Kolektif/Collective* 1.123.059.853 48.417.127 4.319.037 7.231.303 17.516.112 1.200.543.432
Usaha gadai/loan granting
under pawning business
activity** 65.222.879 1.931.306 49.949 29.201 196.428 67.429.763
Cadangan kerugian penurunan nilai/
Allowance for impairment losses
Individual/Individual* (6.325.591) (8.978.573) (402.457) (1.818.969) (5.048.102) (22.573.692)
Kolektif/Collective* (19.121.428) (12.726.493) (2.843.059) (5.029.820) (12.245.393) (51.966.193)
Usaha gadai/loan granting
under pawning business
activity** (2.251.320) (57.405) (1.148) (385) (52.746) (2.363.004)
Pinjaman syariah/Sharia loans 45.088.321 4.008.539 89.752 101.767 600.703 49.889.082
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (1.325.566) (2.034.080) (59.785) (65.184) (510.417) (3.995.032)
Piutang sewa pembiayaan/
Finance lease receivables 6.077.090 261.824 25.379 34.006 35.309 6.433.608
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (17.215) (60.295) (16.001) (36.895) (35.184) (165.590)
Tagihan akseptasi/
Acceptance receivables 10.105.373 - - - - 10.105.373
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (321.683) - - - - (321.683)
Penyertaan saham/
Investment in shares 8.076.567 - - - - 8.076.567
Komitmen dan Kontinjensi/
Commitments and Contingencies 201.068.609 902.321 30.936 40.864 81.000 202.123.730
Estimasi kerugian pada komitmen
Dan kontinjensi/
Estimated losses on
Commintments and contingencies (2.355.851) (195.199) - - - (2.551.050)
* Kolektibilitas BRI, Bank Raya dan Pegadaian (diluar usaha gadai)/ Collectibility BRI, Bank Raya and Pegadaian excluding loan granting under pawning business activity.
** Kolektibilitas usaha gadai Pegadaian (entitas anak)/ Collectibility of loan granting under pawning business activity of Pegadaian (subsidiary).
398
Page 1373
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
e. Tingkat Suku Bunga Rata-rata e. The Average Interest Rate
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
Giro pada bank lain 0,01% 0,07% Current accounts with Other Banks
Penempatan pada Bank Indonesia 5,05 % 2,21% Placement with Bank Indonesia
Penempatan pada Lembaga keuangan lain 5,72 % 2,26% Placement with Other Financial Institutions
Efek - efek 6,88 % 6,88% Securities
Kredit yang diberikan Loans
Bunga Kontrak 10,06 % 10,77% Contractual Interest
Bunga Efektif 10,63 % 11,32% Efective Interest
Piutang sewa pembiayaan 17,93 % 17,09% Finance lease receivable
Giro 4,73 % 4,82% Demand deposits
Tabungan 0,39 % 0,29% Saving deposits
Deposito 5,34 % 5,67% Time deposits
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 2,62% 3,07% and other financial institutions
Mata uang asing Foreign currency
Giro pada bank lain 3,11% 3,39% Current accounts with Other Banks
Penempatan pada Bank Indonesia 4,20% 4,89% Placement with Bank Indonesia
Penempatan pada Lembaga keuangan lain 4,06% 5,13% Placement with Other Financial Institutions
Efek - efek Securities
Dolar Amerika Serikat 4,07% 4,17% United States Dollar
Euro Eropa 1,48% 2,27% European Euro
Dolar Singapura 1,76% 2,77% Singaporean Dollar
Dolar Taiwan Baru 2,10% 1,52% New Taiwanese Dollar
Yen Jepang 0,57% 0,57% Japanese Yen
Kredit yang diberikan Loans
Bunga Kontrak 4,44% 4,84% Contractual Interest
Bunga Efektif 4,65% 5,08% Efective Interest
Piutang sewa pembiayaan -% 6,43% Finance lease receivable
Giro 1,93% 2,33% Demand deposits
Tabungan 0,15% 0,16% Saving deposits
Deposito 4,05% 4,36% Time deposits
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 1,68% 1,21% and other financial institutions
f. Kegiatan Jasa Kustodian f. Custodian Service Activities
BRI melakukan kegiatan jasa penitipan harta BRI conducted custodian services (Custodian
(Bank Kustodian) sejak tahun 1996 berdasarkan Bank) since 1996 based on its operating license
izin operasi melalui Surat Keputusan Ketua through Bapepam’s Chairman Decree No.
Bapepam No. 91/PM/1996 tanggal 11 April 1996 91/PM/1996 dated April 11, 1996 and was
dan telah ditunjuk sebagai Sub Registry dalam appointed as the Sub-Registry in conducting
melaksanakan transaksi obligasi Pemerintah Government bonds transactions and
dan penatakerjaan SBI Scriptless oleh Bank administration of Scriptless Bank Indonesia
Indonesia. Certificates by Bank Indonesia.
Jasa penitipan harta ini merupakan bagian dari These custodian services are part of the
kegiatan Investment Services Group, yang Investment Services Group Activities, which
meliputi jasa-jasa sebagai berikut: include the following services:
Jasa penyimpanan (safekeeping services) Safekeeping services and portfolio
dan portfolio valuation; valuation;
Jasa penyelesaian transaksi (settlement Settlement handling services;
handling);
Jasa penagihan penghasilan (income Income collection services, including the
collection), termasuk pembayaran related tax payments;
pajaknya;
Jasa corporate action dan proxy services; Corporate actions and proxy services;
Jasa informasi dan pelaporan (reporting Information and reporting services;
services);
399
Page 1374
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
f. Kegiatan Jasa Kustodian (lanjutan) f. Custodian Service Activities (continued)
Jasa penitipan harta ini merupakan bagian dari These custodian services are part of the
kegiatan Investment Services Group, yang Investment Services Group Activities, which
meliputi jasa-jasa sebagai berikut (lanjutan) : include the following services (continued) :
Jasa Custody Unit Link dan DPLK; Custody Unit Link and DPLK services;
Jasa Kustodian untuk sekuritisasi aset; dan Custodian services for asset securitization;
and
Jasa Kustodian Global untuk surat berharga Global custodian services for securities
yang diterbitkan di luar negeri. issued abroad.
Untuk meningkatkan layanannya, Kustodian BRI To enhance its services, BRI Custodian has
telah menjadi anggota langsung dari Euroclear, become a direct member of Euroclear, obtained
memiliki Sertifikasi Kustodian Syariah, Sharia Custodian Certification, provides Multi-
menyediakan fitur Multi-Share Class untuk Share Class features for Mutual Funds, and has
Reksadana dan telah memperoleh Sertifikasi been awarded International ISO 9001:2015
International ISO9001:2015. Certification.
Aset milik nasabah yang dititipkan pada The customers’ assets deposited in BRI’s
Kustodian BRI tidak termasuk dalam laporan Custodian are not included in the consolidated
posisi keuangan konsolidasian BRI dan Entitas financial position statements of BRI and its
Anak. Subsidiaries.
g. Kegiatan Wali Amanat g. Trustee Activities
BRI melakukan kegiatan jasa Wali Amanat sejak BRI conducted trustee service activities since
tahun 1996. Izin operasi BRI sebagai 1996. BRI’s operating license as trustee was
Wali Amanat telah diberikan oleh Menteri granted by the Minister of Finance based on
Keuangan dengan Surat Keputusan its Decree No. 1554/KMK.013/1990 dated
No. 1554/KMK.013/1990 tanggal 6 Desember December 6, 1990 and registered in OJK in
1990 dan telah terdaftar di OJK sesuai Surat accordance with its Registered Certificate as
Tanda Terdaftar sebagai Wali Amanat Trustee No. 08/STTD-WA/PM/1996 dated June
No. 08/STTD-WA/PM/1996 tanggal 11 Juni 11, 1996.
1996.
Jasa Wali Amanat ini merupakan bagian dari This trustee services are part of the Investment
kegiatan Investment Services Group yang Services Group activities, which include the
meliputi jasa-jasa sebagai berikut: following services:
Wali Amanat; Trustee;
Agen jaminan; dan Guarantee agent; and
Agen pemantau. Monitoring agent.
h. Jasa Trust h. Trust Services
Layanan Jasa Trust BRI merupakan layanan BRI’s Trust Service is a deposit services for
jasa penitipan harta nasabah yang berupa aset customers’ assets in the form of financial assets
financial untuk dan atas nama nasabah. BRI for and on behalf of customers. BRI is the first
merupakan Bank pertama di Indonesia yang bank in Indonesia to obtain a license from Bank
memperoleh izin dari Bank Indonesia Indonesia to perform Trust Services in Indonesia
untuk menjalankan layanan Jasa Trust di through Bank Indonesia letter
Indonesia melalui surat Bank Indonesia No. 15/19/DPB1/PB1-3 dated February 12, 2013
No. 15/19/DPB1/PB1-3 tanggal 12 Februari and Bank Indonesia confirmation letter
2013 dan surat penegasan Bank Indonesia No. 15/30/DPB1/PB1-3 dated March 19, 2013.
No. 15/30/DPB1/PB1-3 tanggal 19 Maret 2013.
400
Page 1375
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
h. Jasa Trust (lanjutan) h. Trust Services (continued)
Ruang lingkup layanan Jasa Trust BRI meliputi: The scope of BRI’s Trust Services includes:
Layanan Jasa Agen Pembayar; Paying agent services;
Layanan Jasa Agen Peminjaman; Lending agent services;
Layanan Jasa Agen Investasi. Investment agent services.
BRI saat ini telah memberikan pelayanan Jasa As of the reporting date, BRI provides Trust
Trust untuk transaksi-transaksi keuangan yang Services for financial transactions related to oil
melibatkan proyek minyak dan gas (Migas) baik and gas projects, both those carried out by
yang dilaksanakan oleh anggota Kontraktor Corporation Contract Contractors (K3S) under
Kontrak Kerja Sama (K3S) di bawah naungan the supervision of SKK Migas and non-K3S
SKK Migas maupun proyek-proyek non K3S. projects.
Di samping memberikan layanan Jasa Trust, In addition to providing Trust Services, BRI also
BRI juga memberikan layanan jasa Corporate offers Corporate Services non Syndication such
Services untuk non sindikasi seperti Agen as Paying Agent and Escrow Agent for non-oil
Pembayar dan Agen Penampungan untuk and gas sectors, including infrastructure,
sektor diluar migas, antara lain sektor energy, trade, and chemical industries.
infrastruktur, energi, perdagangan dan industri
kimia.
i. Dana Pensiun Lembaga Keuangan BRI i. BRI Financial Institution Pension Fund
Dana Pensiun Lembaga Keuangan Bank Rakyat The Bank Rakyat Indonesia Financial Institution
Indonesia (DPLK BRI) didirikan oleh Pension Fund (DPLK BRI) was established by
PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk on
tanggal 26 Maret 2004 berdasarkan Keputusan March 26, 2004 based on the Decree of the
Direksi PT Bank Rakyat Indonesia (Persero) Tbk Board of Directors of PT Bank Rakyat Indonesia
No. B. 140- DIR/KUI/TRY/03/2004 tanggal (Persero) Tbk No. B. 140- DIR/KUI/TRY/
26 Maret 2004 dan telah mendapatkan 03/2004 dated March 26 2004 and has received
pengesahan dari Menteri Keuangan Republik approval from the Minister of Finance of the
Indonesia No. KEP-97/KM.6/2004 tanggal 24 Republic of Indonesia No. KEP-97/KM.6/2004
Mei 2004. DPLK BRI melayani kepesertaan dated May 24, 2004. DPLK BRI provides
DPLK Kerjsama maupun DPLK Individu. services for both Corporate and Individual
Membership.
Untuk meningkatkan layanannya, DPLK BRI To enhance its services, DPLK BRI has been
telah memperoleh Sertifikasi International awarded International ISO 9001:2015
ISO9001:2015 Certification
DPLK BRI menyelenggarakan Program, sebagai DPLK BRI administers the programs as follows:
berikut:
Program Pensiun Iuran Pasti (PPIP); Defined Contribution Pension Plan (PPIP);
Program Pengelolaan Dana Kompensasi Post-Employment Compensation Fund
Pasca Kerja (PPDKP); dan Management Program (PPDKP); and
Program Pengelolaan Dana Santunan Health Compensation Fund Management
Kesehatan (PPDSK). Program (PPDSK).
j. Agen Sindikasi j. Syndication Agent
Saat ini, bisnis sindikasi BRI telah memberikan Currently, BRI’s Syndication Business provides
pelayanan Jasa Agen Sindikasi untuk beberapa syndicated agency services across several
sektor industri dan telah dipercaya oleh onshore industrial sectors and has earned the trust of
dan offshore bank baik sebagai Agen Fasilitas, both onshore and offshore banks to act as
Agen Penampungan, dan Agen Jaminan. Facility Agent, Escrow Agent, and Security
Agent.
401
Page 1376
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
j. Agen Sindikasi (lanjutan) j. Syndicated Agen (continued)
Sampai dengan Desember 2025 BRI telah As of December 2025, BRI has served as an
menjadi Agen untuk beberapa sektor industri agent in various sectors, including agribusiness,
seperti sektor agribisnis, sektor infrastruktur infrastructure through toll road development
pada proyek pembangunan jalan tol, sektor projects, transportation in the railway industry,
transportasi pada industri kereta api, sektor energy through power plant projects, as well as
energi untuk proyek pembangkit listrik, serta manufacturing and property sectors, for both
sektor manufaktur dan properti baik dalam government and private initiatives.
proyek pemerintah ataupun swasta.
Jasa agen sindikasi ini merupakan bagian dari Syndication Business Services is part of the
kegiatan sindikasi yang meliputi jasa-jasa syndication activities which include the following
sebagai berikut: services:
Arranger; Arranger;
Agen Fasilitas; Facility Agent;
Agen Jaminan; dan Security Agent; and
Agen Penampungan. Escrow Agent
k. Kontribusi Pendapatan Pajak dan PNBP k. Contribution of Tax and Non Tax Revenue
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI's
2024, kontribusi BRI terhadap pendapatan contribution to national income from tax
negara dari pembayaran Pajak, pemungutan revenue, withholding tax and Non Tax Revenue
Pajak dan Penerimaan Negara Bukan Pajak (PNBP) (cash basis) are as follows:
(PNBP) (cash basis) adalah sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Pajak Tax
*) *)
PPh 25.762.792 29.614.698 Income Tax
Value Added Tax & Sales Tax
PPN & PPNBM**) 2.213.989 2.102.680 on Luxury Goods**)
Bea Masuk/Keluar, Bea & Cukai Import/Exit Duty, Customs & Excise
Bea Materai 38.843 36.982 and Stamp Duty
Pajak Pemerintah Pusat Lainnya Other Central Government Taxes
Pajak Daerah 143.916 126.702 Regional Tax
PNBP PNBP
Dividen 27.681.809 25.714.902 Dividend
PNBP Lainnya 179.220 76.561 Other PNBP
Total Kontribusi Pendapatan Total Contribution of Tax
Pajak dan PNBP 56.020.569 57.672.525 and Non Tax Revenue
*) PPh badan sebesar Rp11.162.546 dan Rp14.448.648 pada tanggal *) Corporate income tax of Rp11,162,546 and Rp14,448,648 as of December 31,
31 Desember 2025 dan 2024, yang dihitung secara accrual basis (diluar BRI 2025 and 2024, which is calculated on an accrual basis (exclude BRI Global
Global Financial Services Co. Ltd.) Financial Services Co. Ltd.)
**) PPN terdiri dari PPN wapu dan PPN Jasa perbankan **) VAT consists of VAT on sales and VAT on banking services
l. Rasio Giro Wajib Minimum (GWM) l. The Minimum Statutory Reserve (GWM)
Saldo giro pada Bank Indonesia disediakan Current account balances with Bank Indonesia
untuk memenuhi persyaratan Giro Wajib are provided to meet the Minimum Statutory
Minimum (GWM) dari Bank Indonesia. Reserves (GWM) requirements from Bank
Indonesia.
402
Page 1377
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
l. Rasio Giro Wajib Minimum (GWM) (lanjutan) l. The Minimum Statutory Reserve (GWM)
(continued)
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, the GWM
2024, GWM dihitung sesuai dengan Peraturan was calculated in accordance with Bank
Bank Indonesia (PBI) No. 24/4/PBI/2022 tanggal Indonesia Regulation (PBI) No. 24/4/PBI/2022
25 Februari 2022 yang dijelaskan melalui dated February 25, 2022 which is explained by
Peraturan Anggota Dewan Gubernur (PADG) the Regulation of Members of the Board of
No. 12 Tahun 2023 tanggal 27 September 2023 Governors (PADG) No. 12 Year 2023 dated
sebagaimana telah diubah terakhir pada September 27, 2023 as last amended through
Peraturan Anggota Dewan Gubernur (PADG) No Member of the Board of Governors Regulation
31 tahun 2025 tanggal 23 Desember 2025. (PADG) No 31 of 2025 dated 23 December
2025.
Dalam mendukung pertumbuhan ekonomi yang In supporting sustainable economic growth,
berkelanjutan, Bank Indonesia menetapkan dan Bank Indonesia determines and implements
melaksanakan kebijakan makroprudensial macroprudential policies through efforts to
melalui upaya mendorong intermediasi yang encourage balanced, quality, and sustainable
seimbang, berkualitas, dan berkelanjutan, intermediation, mitigate and manage systemic
memitigasi dan mengelola risiko sistemik, serta risks, and increase economic inclusion, financial
meningkatkan inklusi ekonomi, inklusi inclusion and sustainable finance in accordance
keuangan, dan keuangan berkelanjutan sesuai with Bank Indonesia Regulation (PBI) No. 11 of
Peraturan Bank Indonesia (PBI) No. 11 Tahun Year 2023 dated September 18, 2023
2023 tanggal 18 September 2023 tentang concerning the Macroprudential Liquidity
Kebijakan Insentif Likuiditas Makroprudensial, Incentive Policy, as further regulated through
sebagaimana diatur lebih lanjut melalui PADG PADG No. 11 Year of 2023 dated September 27,
No. 11 Tahun 2023 tanggal 27 September 2023 2023 concerning Implementing Regulations for
tentang Peraturan Pelaksanaan Peraturan Implementing the Macropudential Liquidity
Pelaksanaan Kebijakan Insentif Likuiditas Incentive Policy (PADG KLM) as last amended
Makropudensial (PADG KLM) sebagaimana through Board of Governors Regulation (PADG)
telah diubah terakhir melalui Peraturan Anggota No 27 Year 2025 dated 1 December 2025.
Dewan Gubernur (PADG) No 27 Tahun 2025
tanggal 1 Desember 2025.
Rasio Penyangga Likuiditas Makroprudensial The Macroprudential Liquidity Buffer Ratio
(PLM) dihitung sesuai dengan PBI No. (PLM) is calculated through PBI No.
24/16/PBI/2022 tanggal 31 Oktober 2022 24/16/PBI/2022 dated October 31, 2022
tentang Rasio Intermediasi Makroprudensial dan concerning the Macroprudential Intermediation
Penyangga Likuiditas Makroprudensial bagi Ratio and Macroprudential Liquidity Buffer for
Bank Umum Konvensional, Bank Umum Conventional Commercial Banks, Islamic
Syariah, dan Unit Usaha Syariah Peraturan Commercial Banks, and Islamic Business Units
Anggota Dewan Gubernur (PADG) No. 18 Regulation of Members of the Board of
Tahun 2023 tanggal 29 November 2023 Governors (PADG) No. 18 Year 2023 dated
sebagaimana telah diubah terakhir melalui November 29, 2023 as last amended through
Peraturan Anggota Dewan Gubernur (PADG) Board of Governors’ Regulation (PADG) No 23
No 23 Tahun 2025 tanggal 20 Oktober 2025. of 2025 dated 20 October 2025.
403
Page 1378
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
l. Rasio Giro Wajib Minimum (GWM) (lanjutan) l. The Minimum Statutory Reserve (GWM)
(continued)
Pemenuhan rasio-rasio tersebut di atas masing- The calculation of GWM ratio is determined as
masing ditentukan sebesar sebagai berikut: follows:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
GWM Primer 4,80% 5,00% Primary GWM
(i) GWM secara harian 0,00% 0,00% (i) GWM daily
(ii) GWM secara rata-rata 4,80% 5,00% (ii) GWM average
Penyangga Likuiditas Macroprudential Liquidity
Makroprudensial (PLM) 4,00% 5,00% Buffer Ratio (PLM)
Mata uang asing 4,00% 4,00% Foreign currency
(i) GWM secara harian 2,00% 2,00% (i) GWM daily
(ii) GWM secara rata-rata 2,00% 2,00% (ii) GWM average
Berdasarkan PBI No. 20/4/PBI/2018 tanggal Based on PBI No. 20/4/PBI/2018 dated
29 Maret 2018, penyebutan Loan to Funding March 29, 2018, Loan to Funding Ratio (LFR)
Ratio (LFR) berubah menjadi Rasio Intermediasi changed to Macroprudential Intermediation
Makroprudensial (RIM), dan kewajiban Ratio (RIM), and RIM fulfillment obligations are
pemenuhan Giro RIM mulai berlaku pada applicable starting on July 16, 2018. RIM is the
tanggal 16 Juli 2018. Giro RIM adalah simpanan minimum deposit the Bank is obliged to maintain
minimum yang wajib dipelihara oleh Bank dalam in the form of Current Account balance at Bank
bentuk saldo Rekening Giro pada Bank Indonesia at a certain percentage of third-party
Indonesia sebesar persentase tertentu dari DPK funds which calculation is based on the
yang dihitung berdasarkan selisih antara RIM difference between the RIM held by the Bank
yang dimiliki oleh Bank dan RIM Target. Giro and the Targeted RIM. RIM is charged if the
RIM dikenakan jika RIM Bank di bawah minimum Bank’s RIM is below Bank Indonesia’s minimum
RIM target Bank Indonesia (84%) atau di atas targeted RIM (84%) or above Bank Indonesia’s
maksimum RIM target Bank Indonesia (94%) maximum targeted RIM (94%) with Bank's
dengan Kewajiban Penyediaan Modal Minimum Minimum Capital Adequacy Ratio (CAR) smaller
(KPMM) Bank lebih kecil dari KPMM Insentif than Bank Indonesia's Incentive CAR of 14%.
Bank Indonesia yang sebesar 14%. Peraturan The regulation has been amended 4 (four) times
tersebut telah disempurnakan sebanyak 4 with the latest amendment PBI No.
(empat) kali dengan perubahan terakhir PBI 24/16/PBI/2022 dated October 31, 2022. The
No.24/16/PBI/2022 tanggal 31 Oktober 2022. PBI is explained through Board of Governors’
PBI tersebut dijelaskan melalui PADG No 23 Regulation (PADG) No 23 of 2025 dated 20
Tahun 2025 tanggal 20 Oktober 2025. October 2025.
Rasio GWM BRI (entitas induk) pada tanggal- GWM ratios of BRI (parent entity) as of
tanggal 31 Desember 2025 dan 2024 adalah December 31, 2025 and 2024 are as follows:
sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Rupiah Rupiah
GWM Primer 5,03% 5,39% Primary GWM
(i) GWM secara harian 0,00 0,00% (i) GWM daily
(ii) GWM secara rata-rata*) 5,03 5,39% (ii) GWM average*)
Penyangga Likuiditas Macroprudential Liquidity
Makroprudensial (PLM) 12,13 12,55% Buffer Ratio (PLM)
Mata uang asing 4,16 4,69% Foreign currency
(i) GWM secara harian 2,00 2,00% (i) GWM daily
(ii) GWM secara rata-rata 2,16 2,69% (ii) GWM average
*) Setelah dikurangi insentif KLM *) After deducting the KLM incentive
404
Page 1379
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
l. Rasio Giro Wajib Minimum (GWM) (lanjutan) l. The Minimum Statutory Reserve (GWM)
(continued)
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, BRI has
2024, BRI telah memenuhi ketentuan Bank complied with Bank Indonesia’s regulations
Indonesia tentang rasio-rasio tersebut di atas. regarding ratios mentioned above.
m. Risiko Nilai Tukar m. Exchange Rate Risk
Risiko nilai tukar merupakan risiko yang timbul Exchange rate risk is a risk arising from foreign
karena adanya fluktuasi nilai tukar terhadap exchange rate fluctuations against Rupiah of
Rupiah dari posisi valuta asing yang dimiliki BRI. foreign exchange positions held by BRI.
Termasuk dalam posisi valuta asing tersebut Included in the foreign exchange positions are
yaitu posisi trading book yang dilakukan dengan trading book positions held to generate profit
tujuan untuk mendapatkan keuntungan both from foreign exchange transactions in the
transaksi valuta asing dalam jangka pendek short term and banking book positions held to
maupun posisi banking book dalam rangka control the Net Open Position (NOP).
pengendalian PDN (Posisi Devisa Neto).
Menurut ketentuan Bank Indonesia berdasarkan Based on Bank Indonesia’s Regulation PBI No.
PBI No. 17/5/PBI/2015 tanggal 29 Mei 2015 17/5/PBI/2015 dated May 29, 2015, regarding
mengenai Perubahan Keempat atas PBI No. the Fourth Amendment of PBI No.
5/13/PBI/2003 tentang Posisi Devisa Neto Bank 5/13/PBI/2003, regarding Net Open Position for
Umum tanggal 1 Juli 2010, PDN ditetapkan Commercial Banks dated July 1, 2010, NOP is
maksimum sebesar 20% modal. set to a maximum of 20% of capital.
PDN adalah penjumlahan dari nilai absolut untuk NOP is the sum of the absolute amount of the
jumlah dari selisih bersih aset dan liabilitas net difference between assets and liabilities for
dalam laporan posisi keuangan untuk setiap each foreign currency on statement of financial
mata uang asing dengan selisih bersih tagihan position add with the net difference between
dan liabilitas komitmen dan kontinjensi dalam receivables and payables of commitments and
rekening administratif untuk setiap mata uang contingencies for each foreign currency
asing yang semuanya dinyatakan dalam Rupiah. recorded in administrative accounts, which
presented in Rupiah.
Berikut adalah PDN (BRI saja) masing-masing The tables below represent NOP (BRI only) as
pada tanggal 31 Desember 2025 dan 2024, per December 31, 2025 and 2024, respectively, by
mata uang, sebagai berikut: currency, as follows:
31 Desember 2025/December 31, 2025
Aset/ Liabilitas/ PDN/
Mata Uang Assets Liabilities NOP Currencies
Laporan Posisi Statement of Financial
Keuangan dan Position and
Rekening Administratif Administrative Accounts
Dolar Amerika Serikat 427.802.148 430.152.856 2.350.708 United States Dollar
Euro Eropa 6.275.818 8.532.398 2.256.580 European Euro
Yen Jepang 24.123.384 23.946.520 176.864 Japanese Yen
Dolar Kanada 105.689 - 105.689 Canadian Dollar
Dolar Australia 443.319 365.816 77.503 Australian Dollar
Dolar Singapura 13.310.932 13.106.112 204.820 Singaporean Dollar
Renminbi 2.300.386 1.432.088 868.298 Renminbi
Pound Sterling Inggris 1.089.141 991.609 97.532 Great Britain Pound Sterling
Lain-lain 7.517.565 6.878.489 639.076 Others
6.777.070
Modal 270.223.827 Capital
Rasio PDN 2,51% NOP Ratio
405
Page 1380
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
m. Risiko Nilai Tukar (lanjutan) m. Exchange Rate Risk (continued)
Berikut adalah PDN (BRI saja) masing-masing The tables below represent NOP (BRI only) as
pada tanggal 31 Desember 2025 dan December 31, 2025 and 2024, respectively, by
2024, per mata uang, sebagai berikut: currency, as follows:
31 Desember 2024/December 31, 2024
Aset/ Liabilitas/ PDN/
Mata Uang Assets Liabilities NOP Currencies
Laporan Posisi Statement of Financial
Keuangan dan Position and
Rekening Administratif Administrative Accounts
Dolar Amerika Serikat 375.180.416 377.380.016 2.199.600 United States Dollar
Euro Eropa 7.471.814 4.316.845 3.154.969 European Euro
Yen Jepang 6.229.190 6.188.990 40.200 Japanese Yen
Dolar Kanada 30.860 33.445 2.585 Canadian Dollar
Dolar Australia 229.170 219.906 9.264 Australian Dollar
Dolar Singapura 4.238.766 4.292.604 53.838 Singaporean Dollar
Renminbi 2.866.140 2.737.495 128.645 Renminbi
Pound Sterling Inggris 521.708 536.844 15.136 Great Britain Pound Sterling
Lain-lain 1.470.392 924.091 546.301 Others
6.150.538
Modal 253.862.567 Capital
Rasio PDN 2,42% NOP Ratio
n. Manajemen Risiko Operasional n. Operational Risk Management
Penerapan Manajemen Risiko Operasional Implementation of Operational Risk
dilakukan dengan berpedoman pada Management is carried out according to
POJK No. 18/POJK.03/2016 tanggal 22 Maret Financial Services Authority Regulation (POJK)
2016 tentang Penerapan Manajemen Risiko No. 18/POJK.03/2016 dated March 22, 2016
bagi Bank Umum dan Peraturan Menteri BUMN regarding Risk Management Implementation for
RI Nomor PER-2/MBU/03/2023 tentang Commercial Banks and the Minister of State-
Pedoman Tata Kelola dan Kegiatan Korporasi Owned Enterprises Regulation No.PER-
Signifikan Badan Usaha Milik Negara. 2/MBU/03/2023 regarding Guideline on
Penerapan manajemen risiko mencakup pilar Governance and Significant Corporate Activities
Pengawasan aktif Dewan Komisaris dan Direksi, of State-Owned Enterprises, which requires the
Kecukupan kebijakan, prosedur dan penetapan risk management implementation to cover the
limit, Kecukupan proses identifikasi, pillars of active monitoring by the Board of
pengukuran, pemantauan dan pengendalian Commissioners and Directors, adequacy of
risiko serta sistem informasi manajemen risiko, policies, limit procedure and determination,
dan sistem pengendalian internal. adequacy of identification, measurement,
monitoring and management of risk process
adequacy as well as information system of risk
management, and internal control system.
406
Page 1381
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
Penerapan Manajemen Risiko Operasional The implementation of operational risk
dimaksudkan untuk mengelola eksposur risiko management is intended to manage operational
operasional yang disebabkan oleh faktor internal risk exposure due to internal and external factors
maupun eksternal yang dapat mengganggu that impact the business and operational
aktivitas bisnis dan operasional, seperti faktor activities, such as inadequate human resources,
ketidakcukupan sumber daya manusia, proses internal processes, information technology
internal, kegagalan sistem teknologi informasi, system failures, natural disasters, and external
bencana alam dan kejahatan pihak eksternal party’s crimes against the Bank that potentially
terhadap bank yang berpotensi menimbulkan cause financial and non-financial losses.
kerugian finansial maupun non finansial bagi Operational risk exposure management in BRI
bank. Pengelolaan terhadap eksposur risiko includes management of legal, reputational,
operasional di BRI mencakup pengelolaan compliance and strategic risk exposures that
terhadap eksposur risiko hukum, reputasi, occur in every business process and operational
kepatuhan dan stratejik yang terdapat pada activity.
setiap proses bisnis dan aktivitas operasional.
Setiap unit kerja operasional BRI bertanggung Each of BRI’s operational business units are
jawab atas penerapan proses manajemen risiko responsible for the implementation of risk
melalui sistem pengendalian internal dalam management process in the business and
aktivitas operasional dan bisnis di masing- operational activities of each business unit
masing unit kerja. Hal tersebut dilakukan mulai through the internal control system. This is done
dari tahap identifikasi, pengukuran, pemantauan starting from the phase of identification,
hingga pengendalian risiko. Untuk measurement, monitoring to risk control. To
mengkoordinasikan dan memastikan bahwa coordinate and ensure that the implementation
penerapan proses manajemen risiko of risk management processes is carried out in
dilaksanakan sesuai ketentuan, maka Direksi accordance with the rules, BRI’s Board of
BRI menetapkan fungsi manajemen risiko pada Directors established a risk management
setiap unit kerja mulai dari level Kantor Pusat function in every business unit starting from the
(Group/Desk/Team), Regional Office, Kantor level of Head Office (Group/Desk/Team),
Cabang Khusus, Kantor Cabang, Kantor Regional Offices, Special Branch Office, Branch
Cabang Pembantu, BRI Unit, Kantor Kas, Sentra Offices, Sub-Branch Offices, BRI Priority
Layanan BRI Prioritas dan Unit Kerja Luar Service Centers and Overseas Business Units.
Negeri (UKLN).
Satuan Kerja Manajemen Risiko Operasional The risk management unit (SKMRO) is
(SKMRO) bertugas dan bertanggung jawab responsible for preparing guidelines for
dalam penyusunan pedoman penerapan implementing operational risk management,
manajemen risiko operasional, pengembangan developing and implementing
dan implementasi kebijakan/prosedur dan policies/procedures and methodologies,
metodologi, pengawasan, pengkajian, serta supervising, reviewing, and monitoring the
pemantauan proses manajemen risiko operational risk management process.
operasional. Di samping itu, SKMRO juga Furthermore, SKMRO also plays a role in the
berperan dalam penyusunan dan implementasi preparation and monitoring of BRI's risk profile,
tata kelola manajemen risiko operasional, assessment of the adequacy of risk
penyusunan dan pemantauan profil risiko BRI, management of a new product and/or activity,
penilaian kecukupan pengelolaan risiko dari and supports operational work units/risk owners
suatu produk bank baru, serta mendukung unit in developing a culture of risk awareness,
kerja operasional/risk owner dalam implementation of anti-fraud strategies, and
mengembangkan budaya sadar risiko, compliance with related risk management
penerapan strategi anti fraud, dan kepatuhan principles. In the context of Discussions on
terhadap prinsip-prinsip manajemen risiko. management and improvement of control over
Pembahasan pengelolaan dan perbaikan kontrol operational risks are carried out in the Risk
atas risiko operasional dilaksanakan dalam Management Committee (RMC) on a monthly
kegiatan Forum Manajemen Risiko (FMR) basis together with the SKMR and related
maupun Risk Management Committee (RMC) Group/Desks.
yang dilaksanakan secara rutin bersama dengan
SKMR dan Group/Desk lainnya.
407
Page 1382
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
Audit Internal selaku third line dalam 3 lines of Internal audit as the third line of defense
model yang meliputi Audit Internal Kantor Pusat including the Head of Internal Audit Office and
dan Audit Intern Regional BRI seluruh Indonesia BRI’s Regional Internal Audit Office throughout
bertugas melakukan pemantauan dan validasi Indonesia is responsible for monitoring and
atas kecukupan dan efektivitas pengendalian validating the internal control adequacy and
internal di BRI secara bankwide. effectiveness of internal control at BRI on a
Bankwide basis.
Penerapan manajemen risiko operasional BRI The implementation of BRI's operational risk
difasilitasi melalui perangkat manajemen risiko management is facilitated through operational
operasional berupa BRI Operational Risk risk management tools in the form of BRI
Assessor (OPRA), Integrated Risk Management Operational Risk Assessor (OPRA), Integrated
System (IRMS) maupun BRI Sistem Informasi Risk Management System (IRMS) and BRI
Manajemen (BRISIM), yang mencakup modul Management Information System (BRISIM),
Risk and Control Library (RCL), Risk and Control which include the Risk and Control Library
Self Assessment (RCSA/CSA), Key Risk (RCL), Risk and Control Self-Assessment
Indicator (KRI), Loss Event Database (LED), (RCSA/CSA), Key Risk Indicator (KRI), Loss
Risk Maturity Self Assessment (RMSA), dan Event Database (LED), Risk Maturity Self-
fungsi Briefing, Verification, dan Coaching Assessment (RMSA), and Briefing, Verification
(BVC). Kebijakan Pedoman Pelaksanaan and Coaching (BVC) functions. The Operational
Penerapan Manajemen Risiko Operasional telah Risk Management Implementation Guidelines
dikinikan dalam Surat Edaran No. SE.58- Policy has been updated in Circular Letter
DIR/ORD/11/2022 tanggal 22 November 2022. No. SE.58-DIR/ORD/11/2022 dated November
22, 2022.
Upaya pemahaman manajemen risiko Risk management understanding efforts are
difokuskan pada peningkatan budaya risiko. focused on improving risk culture. Risk culture is
Budaya risiko merupakan nilai-nilai dan perilaku the values and behaviors of individuals that will
individu yang akan terefleksi dalam keputusan- be reflected in the decisions taken and how to
keputusan yang diambil dan cara melakukan do work with the principle of prudence and risk
pekerjaan dengan prinsip kehati-hatian dan management considerations. This is done
pertimbangan manajemen risiko. Hal ini through risk management socialization/training
dilakukan melalui sosialisasi/pelatihan that continues to be carried out to all BRI
manajemen risiko yang terus dilakukan kepada workers, as well as improving the quality of risk
seluruh pekerja BRI, serta peningkatan kualitas control in every operational activity, both in
pengendalian risiko pada setiap aktivitas accelerating the detection of risk events, as well
operasional, baik dalam melakukan percepatan as monitoring the completion of follow-up plans
deteksi kejadian risiko, maupun monitoring for control improvement. Risk culture has been
penyelesaian rencana tindak lanjut perbaikan regulated in the Directors’ Circular Letter No.
kontrol. Budaya risiko telah diatur dalam Surat SE.04-DIR/CTR/01/2023 Book 2 concerning
Edaran Direksi No. SE.04-DIR/CTR/01/2023 Risk Culture dated January 31, 2023.
Buku 2 tentang Budaya Risiko tanggal 31
Januari 2023.
408
Page 1383
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
1. Risk and Control Self Assessment 1. Risk and Control Self Assessment
(RCSA) (RCSA)
RCSA merupakan perangkat manajemen RCSA is a qualitative and predictive risk
risiko yang bersifat kualitatif dan prediktif management tool which is used to identify
yang digunakan untuk mengidentifikasi dan and measure the impact and likelihood of
mengukur risiko berdasarkan dimensi risks. RCSA has been implemented in BRI’s
dampak (impact) dan kemungkinan Head Office (Group/Desk/Team), Regional
kejadian (likelihood), RCSA di BRI telah Offices, Special Branch Office, Overseas
diterapkan di Group/Desk/Team Kantor Branch/Representative Office, Regional
Pusat BRI, Regional Office, Kantor Cabang Internal Audit, Regional Campus, Branch
Khusus, UKLN, Audit Internal Wilayah, Offices which also represents BRI Units,
Regional Campus, Kantor Cabang yang Sub-Branch Offices and Priority Service
juga mewakili BRI Unit, Kantor Cabang Centres.
Pembantu, dan Sentra Layanan BRI
Prioritas.
RCSA ditujukan untuk membantu unit kerja RCSA is intended to assist the operational
dalam mengidentifikasi dan mengukur business unit in identifying and measuring
secara independen risiko operasional pada operational risk in every business and
setiap aktivitas operasional dan bisnis, operational activites independently,
termasuk melakukan pemantauan dan including monitoring and determining
penentuan langkah-langkah perbaikan atau corrective actions or the future action plans.
rencana tindak lanjut ke depan.
Pengkinian risk issue pada RCSA dilakukan The risk issue in RCSA is updated by
dengan mempertimbangkan perkembangan considering BRI’s business development
bisnis BRI yang meliputi implementasi which include the new product and or
produk dan atau aktivitas baru, segmen activity implementation, new market
pasar baru dan persaingan bisnis, segment and business competition, change
perubahan ketentuan internal/eksternal, in internal/external regulation and other
dan perubahan lainnya yang changes that affect BRI’s risk exposure.
mempengaruhi eksposur risiko BRI. These assessment is carried out by
Penilaian dimaksud dilakukan antara lain considering Incident Management
dengan mempertimbangkan data Loss (IM)/Loss Event Database (LED) data, Key
Event Database (LED), Key Risk Indicator Risk Indicator (KRI), and Audit Result report
(KRI) maupun Laporan Hasil Audit (LHA). (LHA). RCSA is performed semi-anually
RCSA dilaksanakan secara periodik setiap and the frequency will be increased if there
semester, dan frekuensinya akan is a significant change in risk exposure.
ditingkatkan apabila terjadi perubahan
eksposur risiko yang signifikan.
2. Loss Event Database (LED) 2. Loss Event Database (LED)
Loss Event Database (LED) BRI merupakan BRI’s Loss Event Database (LED) which
proses pencatatan data kejadian kerugian includes data documentation process of
yang dilakukan untuk setiap jenis kerugian loss events for all types of loss, financial and
non finansial maupun finansial yang meliputi non-financial loss, which includes actual
actual loss dan potential loss termasuk loss and potential loss, including corrective
langkah-langkah perbaikan dan actions and incident handling conducted.
penanganan insiden yang dilakukan.
409
Page 1384
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
2. Loss Event Database (LED) (lanjutan) 2. Loss Event Database (LED) (continued)
Berdasarkan data kejadian kerugian pada Based on loss event data in LED module,
modul LED, analisa kejadian kerugian dapat loss event analysis can be performed based
dilakukan berdasarkan penyebab, aktivitas on causes, functional activities, event types,
fungsional, kategori kejadian (event type) and business lines of BRI. The information
dan lini bisnis BRI. Sistem informasi system can be used to determine the
tersebut dapat digunakan untuk preventive actions in risk controls, based on
menentukan langkah-langkah preventif the documentation process of incident
pengendalian risiko berbasiskan handling or settlement for the non-financial
pendokumentasian proses penanganan loss, financial loss, loss recovery, and
atau penyelesaian insiden baik dari sisi non litigation process.
finansial, kerugian finansial dan recovery
kerugian maupun proses litigasi.
Dalam rangka perhitungan beban modal In order to calculate capital expenses and
dan ATMR Operasional, BRI telah Operational RWA, BRI has implemented
menerapkan Pengukuran Modal Minimum a Standard Approach Minimum Capital
Risiko Operasional (MMRO) Pendekatan Measurement for Operational Risk (MMRO)
Standar yang berpedoman pada Basel III which is guided by the Basel III Framework.
Framework. Ketentuan ATMR Risiko Provisions for Operational Risk RWA with
Operasional dengan pendekatan standar a standard approach are regulated through
diatur melalui Surat Edaran Direksi No. Directors' Circular Letter No. SE.10-
SE.10-DIR/MPE/08/2025 Tanggal 4 DIR/MPE/08/2025 August 4, 2025, Book 2
Agustus 2025, Buku 2 Perhitungan ATMR concerning Operational RWA Calculations.
Operasional.
3. Key Risk Indicator (KRI) 3. Key Risk Indicator (KRI)
KRI adalah perangkat Manajemen Risiko KRI is a risk management tool in the form of
yang berupa indikator kuantitatif yang dapat quantitative indicators that can provide early
memberikan informasi secara dini terhadap information on the increase or decrease in
peningkatan atau penurunan risiko dan atau risk and/or decrease in the effectiveness of
penurunan efektivitas kontrol terhadap limit controls against a predetermined threshold.
threshold yang telah ditentukan. KRI dapat KRI can be leading or lagging. Risk
bersifat leading maupun lagging. monitoring through KRI aims to determine
Pemantauan risiko melalui KRI bertujuan follow-up plans related to risk control so as
untuk menentukan rencana tindak lanjut to prevent or minimize the impact of losses.
terkait pengendalian risiko sehingga dapat
mencegah atau meminimalisir dampak
kerugian.
BRI telah melakukan identifikasi terhadap BRI has identified key risk indicators for all
indikator-indikator risiko utama untuk semua risk types and determined the risks
jenis risiko dan menetapkan batasan atau threshold or limit which portrays the
limit risiko yang mencerminkan kondisi dan acceptable condition and risk appetite of
risiko yang dapat diterima (risk appetite) BRI. Identification of main risk indicator and
BRI. Identifikasi indikator risiko utama dan KRI threshold determination is established
penetapan batasan (threshold) KRI using the best judgement, considering BRI
dilakukan dengan menggunakan best risk exposures and risk appetite. Threshold
judgement dengan mempertimbangkan determination involves internal auditor, risk
eksposur risiko dan risk appetite BRI. owner and other related business units.
Penentuan threshold melibatkan Audit BRI’s KRI are reflected on its Bankwide Risk
Internal, Risk Owner dan Unit Kerja terkait Profile and Regional Risk Profile Report
lainnya. KRI BRI antara lain tercermin which are monitored and reported monthly
dalam Laporan Profil Risiko Bankwide dan to the management.
Profil Risiko Regional Office yang di-monitor
secara rutin dan dilaporkan kepada pihak
manajemen setiap bulan.
410
Page 1385
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
4. Forum Manajemen Risiko (Forum MR) 4. Risk Management Forum (RM Forum)
Forum Manajemen Risiko (Forum MR) Risk Management Forum (RM Forum) is a
adalah wadah atau forum pertemuan antara risk management tool to hold a meeting or
pemimpin unit kerja operasional dengan forum among the head of BRI’s operational
pejabat setingkat dibawahnya, pekerja atau business units with the lower level
jajarannya untuk membahas employees and staff to discuss inherent
permasalahan-permasalahan (risiko) yang risks in the daily business or operational
melekat pada aktivitas bisnis atau activities that might be the constraint in
operasional yang menjadi kendala dalam achieving the business target or standard
rangka mencapai target bisnis atau kinerja business performance. Risk management
yang ditetapkan. Pelaksanaan Forum forum, which are held in each business unit,
Manajemen Risiko di masing-masing unit are expected to support the growth of BRI’s
kerja BRI diharapkan menjadi salah satu risk awareness culture. RM Forum
pendukung dan pendorong untuk implementation in regional level are held in
menumbuhkembangkan budaya sadar a form of Governance, Risk and
risiko di BRI. Implementasi Forum MR di Compliance (GRC) Forum, which attended
level Regional dilaksanakan dalam bentuk by permanent member, i.e. Regional CEO,
Forum Governance, Risk, and Compliance Regional Risk Management Head, and
(GRC) yang dihadiri oleh anggota tetap Regional Chief Audit.
yaitu Regional CEO, Regional Risk
Management Head, dan Regional Chief
Audit.
5. Risk Maturity Self Assessment (RMSA) 5. Risk Maturity Self Assessment (RMSA)
Risk Maturity Self Assessment (RMSA) Risk Maturity Self Assessment (RMSA) is
merupakan proses self assessment a self-assessment process regarding the
terhadap tingkat kemapanan penerapan maturity level of risk management
manajemen risiko di setiap unit kerja BRI implementation in each business unit of
yang dilakukan setiap akhir tahun oleh BRI, conducted annually by the leaders of
masing-masing pimpinan unit kerja BRI each unit against specific parameters. By
terhadap parameter-parameter tertentu. conducting this maturity assessment, it is
Dengan melakukan penilaian maturitas expected that each business unit can
diharapkan masing-masing unit kerja dapat evaluate the risk management practices
mengevaluasi penerapan manajemen risiko that have been implemented, leading to
yang telah dilakukan sehingga lebih baik ke improvements in the future.
depan.
411
Page 1386
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
6. Business Continuity Management (BCM) 6. Business Continuity Management (BCM)
Potensi gangguan/bencana baik yang The potential disruptions or disasters
disebabkan antara lain oleh alam, manusia caused by natural events, human actions,
dan teknologi merupakan ancaman bagi and technology pose a threat to the
kelangsungan usaha BRI, dimana BRI continuity of BRI's operations, as BRI has
memiliki unit kerja operasional yang operational units spread across Indonesia.
tersebar di seluruh Indonesia. Oleh karena Therefore, the Board of Directors of BRI
itu, Direksi BRI memandang perlu untuk deems it necessary to develop and
mengembangkan dan menerapkan suatu implement a Business Continuity
Kebijakan Business Continuity Management (BCM) Policy to protect the
Management (BCM) guna melindungi safety and security of employees,
keamanan dan keselamatan jiwa pekerja, safeguard the lives of customers and other
melindungi keselamatan jiwa nasabah dan stakeholders within the operational units of
stakeholders lainnya yang berada di BRI, maintain the continuity of essential
lingkungan unit kerja operasional BRI, business and operational activities, and
mempertahankan kelangsungan aktivitas- protect BRI's assets while ensuring an
aktivitas bisnis/operasional terpenting, dan adequate response in the event of
menjaga aset BRI dan memiliki respon yang disruptions or disasters. The BCM policy is
memadai dalam situasi gangguan/bencana. governed by Circular Letter SE.12-
Kebijakan BCM diatur melalui Surat Edaran DIR/MPE/09/2025 regarding Business
SE.12-DIR/MPE/09/2025 tentang Continuity Management, Book 1 on
Manajemen Kelangsungan Usaha, Buku 1 Business Continuity Management (BCM),
tentang Business Continuity Management and Standard Operating Procedure No.
(BCM) dan Standar Operasional Prosedur SO.09-ORD/03/2025 on Business
No. SO.09-ORD/03/2025 tentang Continuity Management.
Pengelolaan Kelangsungan Usaha.
Implementasi BCM BRI mencakup seluruh BRI BCM implementation covers all BRI
unit kerja BRI yang antara lain dilakukan work units, among others through the
melalui pembentukan Tim Manajemen formation of a Crisis Management Team,
Krisis, penyusunan Call Tree dan the preparation of Call Tree and the
penetapan alternate sites, serta berbagai establishment of alternate sites, and various
pengujian rencana kelangsungan usaha. tests of business continuity plans. BRI work
Unit kerja BRI juga telah melakukan units have also carried out
Penilaian Risiko Ancaman dan Bencana a Threat and Disaster Risk Assessment
(PRAB) yang bertujuan untuk which aims to identify the resources needed
mengidentifikasi sumber daya yang in preparation for facing threats/disasters in
dibutuhkan dalam rangka persiapan each work unit. As one of the
menghadapi ancaman/bencana di masing- implementation of BCM BRI has
masing unit kerja. Sebagai salah satu Emergency Response Plan (ER Plan) and
implementasi BCM BRI telah memiliki Business Continuity Plan (BC Plan) policies
pedoman Emergency Response Plan (ER for Critical Work Units. To ensure that the
Plan) dan kebijakan Business Continuity policy can be used during disruptions/
Plan (BC Plan) untuk Unit Kerja Kritikal. disasters, the ER Plan and BC Plan trials
Untuk memastikan bahwa kebijakan are carried out annually and prioritized in
tersebut dapat digunakan saat terjadi disaster-prone work units.
gangguan/bencana maka pelaksanaan uji
coba ER Plan dan BC Plan dilaksanakan
setiap tahun dan diprioritaskan pada unit
kerja yang rawan bencana.
412
Page 1387
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
6. Business Continuity Management (BCM) 6. Business Continuity Management (BCM)
(lanjutan) (continued)
Dalam periode satu tahun ke belakang telah In the past year, various disaster events
terjadi berbagai kejadian-kejadian bencana have occurred which have activated BRI
yang telah mengaktifkan prosedur Work Unit business continuity procedures,
kelangsungan usaha Unit Kerja BRI, which is proof of the BRI organization's
dimana hal tersebut menjadi bukti kesiapan readiness to face these conditions.
organisasi BRI untuk menghadapi kondisi- Provisions regarding disaster emergency
kondisi tersebut. Ketentuan mengenai response in the workplace have been
tanggap darurat bencana di tempat kerja formulated through Circular Letter
telah dirumuskan melalui Surat Edaran No. SE.12-DIR/MPE/09/2025 Book 2
SE.12-DIR/MPE/09/2025 tentang concerning Occupational Safety and Health
Manajemen Kelangsungan Usaha, Buku 2 Management Systems (SMK3) and SOP
tentang Sistem Manajemen Keselamatan No. SO.09-ORD/03/2025 on Business
dan Kesehatan Kerja (SMK3) dan SOP No. Continuity Management.
SO.09-ORD/03/2025 tentang Pengelolaan
Kelangsungan Usaha.
7. Penilaian Kecukupan Pengelolaan 7. Assessment of Risk Management
Risiko Produk Bank Baru (PBB) Adequacy on New Product and/or
Activity Launching
Dalam rangka mengefektifkan pengeloaan In order to make bank product risk
risiko produk bank, maka setiap rencana management more effective, every plan to
penerbitan produk bank baru (PBB) di BRI, issue a new bank product (PBB) at BRI, a
dilakukan proses validasi peningkatan validation process is carried out to increase
materialitas risiko dan proses penilaian risk materiality and a risk management
manajemen risiko oleh product owner assessment process by the product owner
terhadap setiap jenis risiko yang mungkin for each type of risk that may arise from the
timbul dari penerbitan PBB, termasuk issuance of PBB, including determining
penetapan kontrol dan pengendalian yang controls and controls aimed at mitigating the
ditujukan untuk memitigasi risiko yang risks in question.
dimaksud.
Selanjutnya, SKMR yang dikoordinasikan Furthermore, the SKMR coordinated by
oleh SKMRO melakukan penilaian SKMRO conducts an assessment of the
kecukupan pengelolaan risiko PBB dan adequacy of the management of PBB risks
menyampaikan hasil penilaian yang and communicates the results of the
dimaksud kepada product owner. Kebijakan assessment to the product owner. The PBB
PBB diatur dalam Surat Edaran No. SE.30- policy is regulated in circular Letter
DIR/PPM/11/2024, Buku 2 tentang No. SE.30-DIR/PPM/II/2024, Book 2 on
Pengelolaan Produk yang mencakup product management, which includes the
Pengelolaan Risiko Penyelenggaraan management of product implementation
Produk. risks.
413
Page 1388
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. INFORMASI TAMBAHAN (lanjutan) 49. ADDITIONAL INFORMATION (continued)
n. Manajemen Risiko Operasional (lanjutan) n. Operational Risk Management (continued)
8. Penerapan Strategi Anti Fraud BRI pada 8. BRI Anti-Fraud Strategy Implementation
IT dan Fraud Risk Group on IT and Fraud Risk Group
Semua kegiatan usaha Bank dapat terpapar All of the Bank's business activities can be
risiko operasional salah satunya fraud. exposed to operational risks, one of which
Untuk meminimalkan dampak kerugian is fraud. To minimize the impact of losses
akibat fraud maka BRI menerapkan Strategi due to fraud, BRI implements an Anti-Fraud
Anti Fraud yang merupakan wujud strategy which is a form of BRI's
komitmen BRI untuk tidak memberikan commitment to zero tolerance for fraud
toleransi (zero tolerance) atas fraud melalui through an effective and sustainable fraud
sistem pengendalian fraud yang efektif dan control system. The implementation of the
berkesinambungan. Penerapan Strategi Anti-Fraud strategy at BRI is supported by
Anti Fraud di BRI didukung dengan increasing fraud detection capabilities
peningkatan kapabilitas deteksi fraud through the development of the Fraud
melalui pengembangan Fraud Detection Detection System, as well as increasing the
System, serta peningkatan kompetensi dan competence and awareness of BRI
awareness dari Pekerja BRI untuk Employees to prevent, detect and handle
mencegah, mendeteksi dan menangani fraud as part of preventing and minimizing
fraud sebagai bagian dari pencegahan dan bank and/or customer losses. As a form of
meminimalisir kerugian bank dan/atau commitment of all BRILians in preventing
nasabah. Sebagai bentuk komitmen seluruh fraud, the Board of Directors and
Insan BRILian dalam mencegah fraud maka Commissioners, as well as the
Jajaran Direksi dan Komisaris, serta jajaran Management and all BRI Employees
Manajemen dan seluruh Pekerja BRI secara periodically sign the Anti-Fraud
berkala menandatangani Komitmen Anti Commitment as stated in Circular Letter
Fraud sebagaimana tertuang dalam Surat Number SE.58.b-DIR/ORS/11/2022 Book 2
Edaran No. SE.58.b-DIR/ORD/11/2022 concerning Anti-Fraud Strategy.
Buku 2 tentang Strategi Anti Fraud.
50. LABA PER LEMBAR SAHAM 50. EARNINGS PER SHARE
Perhitungan laba per lembar saham dasar dan The calculation of earnings per share (EPS) and
dilusian yang dapat diatribusikan kepada pemilik diluted share for BRI (the parent entity) are as
entitas induk adalah sebagai berikut: follows:
31 Desember 2025/December 31, 2025
Rata-rata Laba Tahun
Tertimbang Saham Berjalan Per
Laba Tahun Biasa yang Beredar/ Lembar Saham
Berjalan/ Weighted average (Rupiah penuh)/
Income for of common shares Earnings per
the year outstanding share (full amount)
Laba tahun berjalan yang dapat
diatribusikan kepada pemilik Basic earnings per share
entitas induk per lembar attributable to equity holders
saham dasar 56.652.384 150.602.160.685 376 of the parent entity
Ditambah: penerbitan saham Addition: Issuance of bonus
bonus dan opsi saham - - - shares and stock options
Laba bersih per lembar saham
dilusian 56.652.384 150.602.160.685 376 Diluted earnings per share
414
Page 1389
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
50. LABA PER LEMBAR SAHAM (lanjutan) 50. EARNINGS PER SHARE (continued)
Perhitungan laba per lembar saham dasar dan The calculation of earnings per share (EPS) and
dilusian yang dapat diatribusikan kepada pemilik diluted share for BRI (the parent entity) are as follows
entitas induk adalah sebagai berikut (lanjutan): (continued):
31 Desember 2025/December 31, 2024
Rata-rata Laba Tahun
Tertimbang Saham Berjalan Per
Laba Tahun Biasa yang Beredar/ Lembar Saham
Berjalan/ Weighted average (Rupiah penuh)/
Income for of common shares Earnings per
the year outstanding share (full amount)
Laba tahun berjalan yang dapat
diatribusikan kepada pemilik Basic earnings per share
entitas induk per lembar attributable to equity holders
saham dasar 59.944.649 150.733.730.203 398 of the parent entity
Ditambah: penerbitan saham Addition: Issuance of bonus
bonus dan opsi saham - 29.838.425 - shares and stock options
Laba bersih per lembar saham
dilusian 59.944.649 150.763.568.628 398 Diluted earnings per share
51. PERUBAHAN AKTIVITAS PENDANAAN 51. CHANGES IN FINANCING ACTIVITIES
31 Desember/ Arus Kas/Cash Flows Perubahan 31 Desember/
2024 Non-Kas/ 2025
December 31, Penerimaan/ Pembayaran/ Non-cash December 31,
2024 Receipts Disbursements changes 2025
Surat berharga yang diterbitkan 32.502.499 28.395.963 (19.724.136) (272.678) 40.901.648 Marketable securities issued
Pinjaman yang diterima 127.879.804 37.570.676 (36.492.679) 228.315 129.186.116 Fund borrowings
Pinjaman dan surat berharga Subordinated loans and marketable
subordinasi 491.781 - - (4.914) 486.867 securities
Total 160.874.084 65.966.639 (56.216.815) (49.277) 170.574.631 Total
31 Desember/ Arus Kas/Cash Flows Perubahan 31 Desember
2023 Non-Kas/ 2024/
December 31, Penerimaan/ Pembayaran/ Non-cash December 31,
2023 Receipts Disbursements changes 2024
Surat berharga yang diterbitkan 49.637.581 10.905.923 (28.578.477) 537.472 32.502.499 Marketable securities issued
Pinjaman yang diterima 98.850.813 42.489.276 (13.300.712) (159.573) 127.879.804 Fund borrowings
Pinjaman dan surat berharga Subordinated loans and marketable
subordinasi 496.683 - - (4.902) 491.781 securities
Total 148.985.077 53.395.199 (41.879.189) 372.997 160.874.084 Total
415
Page 1390
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
52. DAMPAK IMPLEMENTASI AWAL PSAK No. 117 52. IMPACT OF THE IMPLEMENTATION OF PSAK
DAN REKLASIFIKASI No. 117 AND RECLASSIFICATION
Untuk tujuan persyaratan masa transisi dari For the purposes of the transition requirement in
implementasi awal PSAK No.117, BRI melakukan first applies SFAS No.117, BRI has restated
penyajian kembali angka komparatif untuk 1 Januari comparative information for January 1, 2024,
2024, 31 Desember 2024 dan tahun yang berakhir December 31, 2024 and for the year ended
pada tanggal 31 Desember 2024. Selain itu, December 31, 2024. Furthermore, several
beberapa akun dalam informasi keuangan accounts in the consolidated financial information
konsolidasian pada tanggal 31 Desember 2024 dan as of December 31, 2024 and 2023 and for the year
2023 serta tahun yang berakhir pada tanggal ended December 31, 2024 have been reclassified
31 Desember 2024 telah direklasifikasi sehingga so that they are in accordance with the presentation
sesuai dengan penyajian laporan keuangan of consolidated financial statements as of
konsolidasian pada tanggal 31 Desember 2025 dan December 31, 2025 and for the year then ended. A
untuk tahun yang berakhir pada tanggal tersebut. summary of these accounts are as follows:
Ringkasan dari akun-akun tersebut adalah sebagai
berikut:
Saldo sebelum Saldo sesudah
reklasifikasi reklasifikasi
dan penerapan dan penerapan
PSAK No. 117 PSAK No. 117
31 Desember 2023/ 1 Januari 2024/
Balance before Balance after
reclassification reclassification
and and
implementation Penyajian implementation
SFAS No. 117 Reklasifikasi/ kembali/ SFAS No. 117
December 31, 2023 Reclassification Restated January 1, 2024
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Statement
Aset Assets
Aset Pajak Tangguhan - neto 15.605.462 - (159.485) 15.445.977 Deferred Tax Assets - net
Properti investasi - 199.635 - 199.635 Investment property
Aset lain-lain - neto 53.141.760 (199.635) 567.409 53.509.534 Other assets – net
Total Aset 1.965.007.030 - 407.924 1.965.414.954 Total Assets
Liabilitas Liabilities
Liabilitas Lain-lain 36.664.617 - 21.171 36.685.788 Other liabilities
Total Liabilitas 1.648.534.888 - 21.171 1.648.556.059 Total Liabilities
Ekuitas Equity
Cadangan Keuangan Asuransi - - (47.420) (47.420) Insurance Finance Reserve
Saldo Laba
Belum ditentukan Retain Earnings
penggunaannya 210.688.737 - 149.801 210.838.538 Unappropriate
Total Saldo Laba 213.711.422 - 149.801 213.861.223 Total Retained Earning
Total Ekuitas yang dapat Total Equity Holders
Diatribusikan kepada of Parent Entity
Entitas induk 311.363.556 - 102.381 311.465.937 Unappropriate
Kepentingan non-pengendali 5.108.586 - 284.372 5.392.958 Non-controlling interest
Total Ekuitas 316.472.142 - 386.753 316.858.895 Total Equity
416
Page 1391
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
52. DAMPAK IMPLEMENTASI AWAL PSAK No. 117 52. IMPACT OF THE IMPLEMENTATION OF PSAK
DAN REKLASIFIKASI (LANJUTAN) No. 117 AND RECLASSIFICATION
(CONTINUED)
Untuk tujuan persyaratan masa transisi dari For the purposes of the transition requirement in
implementasi awal PSAK No.117, BRI melakukan first applies SFAS No.117, BRI has restated
penyajian kembali angka komparatif untuk 1 Januari comparative information for January 1, 2024,
2024, 31 Desember 2024 dan tahun yang berakhir December 31, 2024 and for the year ended
pada tanggal 31 Desember 2024. Selain itu, December 31, 2024. Furthermore, several
beberapa akun dalam informasi keuangan accounts in the consolidated financial information
konsolidasian pada tanggal 31 Desember 2024 dan as of December 31, 2024 and 2023 and for the year
2023 serta tahun yang berakhir pada tanggal ended December 31, 2024 have been reclassified
31 Desember 2024 telah direklasifikasi sehingga so that they are in accordance with the presentation
sesuai dengan penyajian laporan keuangan of consolidated financial statements as of
konsolidasian pada tanggal 31 Desember 2025 dan December 31, 2025 and for the year then ended. A
untuk tahun yang berakhir pada tanggal tersebut. summary of these accounts are as follows
Ringkasan dari akun-akun tersebut adalah sebagai (continued):
berikut (lanjutan):
Saldo sebelum Saldo sesudah
reklasifikasi reklasifikasi
dan penerapan dan penerapan
PSAK No. 117 PSAK No. 117
31 Desember 2024/ 31 Desember 2024/
Balance before Balance after
reclassification reclassification
and and
implementation Penyajian implementation
SFAS No. 117 Reklasifikasi/ kembali/ SFAS No. 117
December 31, 2024 Reclassification Restated December 31, 2024
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Statement
Aset Assets
Aset Pajak Tangguhan - neto 12.867.477 - (66.817) 12.800.660 Deferred Tax Assets - net
Properti investasi - 197.380 - 197.380 Investment property
Aset lain-lain - neto 40.098.976 (197.380) (729.724) 39.171.872 Other assets – net
Total Aset 1.992.983.447 - (796.541) 1.992.186.906 Total Assets
Liabilitas Liabilities
Liabilitas Lain-lain 29.596.987 - (922.510) 28.674.477 Other liabilities
Total Liabilitas 1.669.794.400 - (922.510) 1.668.871.890 Total Liabilities
Ekuitas Equity
Cadangan Keuangan Asuransi - - (5.050) (5.050) Insurance Finance Reserve
Saldo Laba
Belum ditentukan Retain Earnings
penggunaannya 215.070.141 - (60.437) 215.009.704 Unappropriate
Total Saldo Laba 218.092.826 - (60.437) 218.032.389 Total Retained Earning
Total Ekuitas yang dapat Total Equity Holders
Diatribusikan kepada of Parent Entity
Entitas induk 317.093.838 - (65.487) 317.028.351 Unappropriate
Kepentingan non-pengendali 6.095.209 - 191.456 6.286.665 Non-controlling interest
Total Ekuitas 323.189.047 - 125.969 323.315.016 Total Equity
417
Page 1392
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
52. DAMPAK IMPLEMENTASI AWAL PSAK No. 117 52. IMPACT OF THE IMPLEMENTATION OF PSAK
DAN REKLASIFIKASI (LANJUTAN) No. 117 AND RECLASSIFICATION
(CONTINUED)
Untuk tujuan persyaratan masa transisi dari For the purposes of the transition requirement in
implementasi awal PSAK No.117, BRI melakukan first applies SFAS No.117, BRI has restated
penyajian kembali angka komparatif untuk 1 Januari comparative information for January 1, 2024,
2024, 31 Desember 2024 dan tahun yang berakhir December 31, 2024 and for the year ended
pada tanggal 31 Desember 2024. Selain itu, December 31, 2024. Furthermore, several
beberapa akun dalam informasi keuangan accounts in the consolidated financial information
konsolidasian pada tanggal 31 Desember 2024 dan as of December 31, 2024 and 2023 and for the year
2023 serta tahun yang berakhir pada tanggal ended December 31, 2024 have been reclassified
31 Desember 2024 telah direklasifikasi sehingga so that they are in accordance with the presentation
sesuai dengan penyajian laporan keuangan of consolidated financial statements as of
konsolidasian pada tanggal 31 Desember 2025 dan December 31, 2025 and for the year then ended. A
untuk tahun yang berakhir pada tanggal tersebut. summary of these accounts are as follows
Ringkasan dari akun-akun tersebut adalah sebagai (continued):
berikut (lanjutan):
Saldo sebelum Saldo sesudah
reklasifikasi reklasifikasi
dan penerapan dan penerapan
PSAK No. 117 PSAK No. 117
untuk tahun yang untuk tahun yang
berakhir pada berakhir pada
tanggal tanggal
31 Desember 2024/ 31 Desember 2024/
Balance before Balance after
reclassification reclassification
and and
implementation implementation
for the year ended Penyajian for the year ended
SFAS No. 117 Reklasifikasi/ kembali/ SFAS No. 117
December 31, 2024 Reclassification Restated December 31, 2024
Laporan Laba Rugi dan Consolidated Statement
Penghasilan Komprehensif of Profit or Loss and other
Lain Konsolidasian Comprehensive Income
Beban bunga (56.202.797) 601.467 - (55.601.330) Interest expenses
Total Beban bunga dan syariah (57.209.062) 601.467 - (56.607.595) Total interest and sharia expenses
Pendapatan premi 8.760.610 - (8.760.610) - Premium income
Beban klaim (5.510.130) - 5.510.130 - Claim expense
Pendapatan jasa asuransi - - 7.346.611 7.346.611 Insurance service income
Beban jasa asuransi - - (6.179.801) (6.179.801) Insurance service expense
Pendapatan operasional lainnya Other operating income
Other fees and
Provisi dan komisi lainnya 20.475.078 - (84.245) 20.390.833 comissions
Keuntungan transaksi mata
uang asing neto 1.187.862 - (60) 1.187.802 Gain foreign exchange - net
Lain-lain 4.621.375 - 174.894 4.796.269 Others
Beban penyisihan kerugian Provision for allowance
penurunan nilai atas for impairment losses
aset keuangan - neto (41.757.637) - 13.235 (41.744.402) on financial assets-net
Beban operasional lainnya Other operating expense
Salaries and
Tenaga kerja dan tunjangan (39.183.567) - 567.033 (38.616.534) employee benefits
Umum dan administrasi (29.652.420) - 363.964 (29.288.456) General and administrative
Lain-lain (14.077.511) (601.467) 686.678 (13.992.300) Others
Beban non-operasional – neto (978.908) - 15.255 (963.653) Non-Operating expenses
Laba sebelum beban pajak 77.599.110 - (346.916) 77.252.194 Income before tax
Beban pajak (16.955.302) - 9.454 (16.945.848) Tax expense
Laba bersih 60.643.808 - (337.462) 60.306.346 Net income
418
Page 1393
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
52. DAMPAK IMPLEMENTASI AWAL PSAK No. 117 52. IMPACT OF THE IMPLEMENTATION OF PSAK
DAN REKLASIFIKASI (LANJUTAN) No. 117 AND RECLASSIFICATION
(CONTINUED)
Untuk tujuan persyaratan masa transisi dari For the purposes of the transition requirement in
implementasi awal PSAK No.117, BRI melakukan first applies SFAS No.117, BRI has restated
penyajian kembali angka komparatif untuk 1 Januari comparative information for January 1, 2024,
2024, 31 Desember 2024 dan tahun yang berakhir December 31, 2024 and for the year ended
pada tanggal 31 Desember 2024. Selain itu, December 31, 2024. Furthermore, several
beberapa akun dalam informasi keuangan accounts in the consolidated financial information
konsolidasian pada tanggal 31 Desember 2024 dan as of December 31, 2024 and 2023 and for the year
2023 serta tahun yang berakhir pada tanggal ended December 31, 2024 have been reclassified
31 Desember 2024 telah direklasifikasi sehingga so that they are in accordance with the presentation
sesuai dengan penyajian laporan keuangan of consolidated financial statements as of
konsolidasian pada tanggal 31 Desember 2025 dan December 31, 2025 and for the year then ended. A
untuk tahun yang berakhir pada tanggal tersebut. summary of these accounts are as follows
Ringkasan dari akun-akun tersebut adalah sebagai (continued):
berikut (lanjutan):
Saldo sebelum Saldo sesudah
reklasifikasi reklasifikasi
dan penerapan dan penerapan
PSAK No. 117 PSAK No. 117
untuk tahun yang untuk tahun yang
berakhir pada berakhir pada
tanggal tanggal
31 Desember 2024/ 31 Desember 2024/
Balance before Balance after
reclassification reclassification
and and
implementation implementation
for the year ended Penyajian for the year ended
SFAS No. 117 Reklasifikasi/ kembali/ SFAS No. 117
December 31, 2024 Reclassification Restated December 31, 2024
Laporan Laba Rugi dan Consolidated Statement
Penghasilan Komprehensif of Profit or Loss and other
Lain Konsolidasian (lanjutan) Comprehensive Income (continued)
Penghasilan Komprehensif Lain Other comprehensive income
Beban keuangan dari kontrak Finance expense from
asuransi yang diterbitkan - - 98.305 98.305 insurance contract issued
Pajak penghasilan terkait akun-akun Income taxes related to items
yang akan direklasifikasi to be reclassified
ke laba rugi 36.285 - (21.627) 14.658 to profit or loss
Penghasilan Komprehensif Lain Other comprehensive income
Tahun Berjalan – Setelah Pajak 1.487.794 - 76.678 1.564.472 for the year – After Tax
Total Penghasilan Komprehensif Total Comprehensive Income
Tahun Berjalan 62.131.602 - (260.784) 61.870.818 for the year
Laba tahun berjalan yang dapat Income for the year
diatribusikan kepada : attributable to :
Pemilik entitas induk 60.154.887 - (210.238) 59.944.649 Equity holders of the parent entity
Kepentingan non-pengendali 488.921 - (127.224) 361.697 Non-controlling interest
Total penghasilan komprehensif Total comprehensive income
tahun berjalan yang dapat for the year
diatribusikan kepada : attributable to :
Pemilik entitas induk 61.788.171 - (167.868) 61.620.303 Equity holders of the parent entity
Kepentingan non-pengendali 343.431 - (92.916) 250.515 Non-controlling interest
Laporan Arus Kas Consolidated Statement
Konsolidasian of Cash Flow
Cash Flow
Arus Kas dari Kegiatan Operasi from Operating Activities
Pendapatan premi 8.760.610 - (8.760.610) - Premium income
Beban klaim (5.547.858) - 5.547.858 - Claim expense
Pendapatan jasa asuransi - - 8.760.610 8.760.610 Insurance service income
Beban jasa asuransi - - (5.547.858) (5.547.858) Insurance service expenses
Beban bunga (56.282.443) 601.467 - (55.680.976) Interest expenses
Beban operasional lainnya (84.973.178) (601.467) - (85.574.645) Other operating expeses
Arus Kas sebelum Perubahan dalam Cash Flow before Changes in
Aset dan Liabilitas Operasi 105.208.970 - - 105.208.970 Operating Assets and Liabilities
419
Page 1394
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
53. PERISTIWA SETELAH PERIODE PELAPORAN 53. SUBSEQUENT EVENT
Pengalihan sebagian saham Seri B PT Danantara Partially Transfer of Series B shares of PT
Asset Management (Persero) kepada Negara Danantara Asset Management (Persero) to the
Republik Indonesia melalui Badan Pengaturan Republic of Indonesia through the State-Owned
Badan Usaha Milik Negara (BP BUMN) Enterprises Regulatory Agency (BP BUMN)
Berdasarkan Surat Keterangan Komposisi Based on the Shareholder Composition Statement
Pemegang Saham No. DE/I/26-275 tanggal Letter No. DE/I/26-275 dated January 7, 2026 from
7 Januari 2026 dari Datindo Entrycom selaku Biro Datindo Entrycom as BRI's Securities
Administrasi Efek BRI, pada tanggal 5 Januari 2026 Administration Bureau, on January 5, 2026,
telah dilakukan pengalihan sebagian kepemilikan partially transfer of series B shares owned by
saham Seri B BRI milik PT Danantara Asset PT Danantara Asset Management (Persero)
Management (Persero) (”DAM”) kepada Negara (“DAM”) to the Republic of Indonesia through the
Republik Indonesia (”RI”) melalui Badan Pengaturan State-Owned Enterprises Regulatory Agency of the
Badan Usaha Milik Negara Republik Indonesia. Republic of Indonesia. The transfer transaction
Transaksi pengalihan tersebut sebesar 806.109.768 involved 806,109,768 Series B shares of BRI, or
Saham Seri B BRI atau 0,53% (nol koma lima puluh 0.53% (zero point fifty-three percent) of BRI's total
tiga persen) dari seluruh saham yang telah issued and fully paid-up shares, pursuant to the
dikeluarkan dan disetor penuh Perseroan Agreement on the Transfer of State-Owned Shares
berdasarkan Perjanjian Pengalihan Saham Milik in the Form of Series B Shares in State-Owned
Negara RI Berupa Saham Seri B BUMN kepada Enterprises to the State-Owned Enterprise
Badan Pengaturan Badan Usaha Milik Negara Regulatory Agency No. PERJ-1/BPU/01/2026 and
Nomor PERJ-1/BPU/01/2026 dan Nomor No. LGL1.001/PERJ/DI-DAM.DO/2026 dated
LGL1.001/PERJ/DI-DAM.DO/2026 tanggal January 5, 2026.
5 Januari 2026.
Negara RI merupakan Pemegang Saham The Republic of Indonesia is the Company's
Pengendali Perseroan (Ultimate Beneficial Owner) Controlling Shareholder (Ultimate Beneficial
dengan kepemilikan 1 lembar saham Seri A Owner), owning 1 Series A Dwiwarna share with
Dwiwarna dengan hak istimewa dan 806.109.768 special rights, 806,109,768 Series B shares
saham Seri B melalui BP BUMN, serta kepemilikan through BP BUMN, and 79,804,867,107 Series B
79.804.867.107 saham Seri B melalui PT DAM. shares through PT DAM
Pelaksanaan pengalihan saham tersebut The share transfer is in compliance with Law No. 16
merupakan pemenuhan UU No. 16 Tahun 2025 of 2025 concerning the Fourth Amendment to Law
tentang Perubahan Keempat atas UU No. 19 Tahun No. 19 of 2003 concerning State-Owned
2003 tentang Badan Usaha Milik Negara tanggal Enterprises dated October 6, 2025. The transfer
6 Oktober 2025. Pengalihan tersebut tidak does not affect the operational activities, legal
mempengaruhi kegiatan operasional, hukum kondisi financial conditions, and business continuity of the
keuangan, dan kelangsungan usaha BRI. BRI.
54. PENYELESAIAN LAPORAN KEUANGAN 54. COMPLETION OF THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
Manajemen BRI bertanggung jawab atas The management of BRI is responsible for the
penyusunan dan penyajian wajar laporan keuangan preparation and fair presentation of these
konsolidasian ini sesuai dengan Standar Akuntansi consolidated financial statements in accordance
Keuangan di Indonesia, yang diselesaikan dan with Indonesian Financial Accounting Standards,
diotorisasi untuk diterbitkan oleh Direksi BRI pada which were completed and authorized for
tanggal 26 Februari 2026. issuance by the Board of Directors of BRI on
February 26, 2026.
420
Page 1395
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
55. INFORMASI KEUANGAN TERSENDIRI ENTITAS 55. PARENT ENTITY'S SEPARATE FINANCIAL
INDUK INFORMATION
Informasi keuangan tersendiri Entitas Induk hanya The Parent Entity's separate financial information
menyajikan informasi laporan posisi keuangan only presents information on the statement of
tanggal 31 Desember 2025 dan laporan laba rugi financial position as of Decemer 31, 2025 and the
dan penghasilan komprehensif lain, laporan statement of profit or loss and other comprehensive
perubahan ekuitas dan laporan arus kas untuk tahun income, the statement of changes in equity and the
yang berakhir pada tanggal tersebut, dan catatan statement of cash flow for the year then ended, and
atas investasi pada entitas anak disajikan dengan notes on investments in subsidiaries presented
metode biaya. using the cost method.
Laporan keuangan tersendiri Entitas Induk disajikan The Parent Entity's separate financial statements
pada halaman 422 - 432. are presented on pages 422 - 432.
421
Page 1396
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENT OF FINANCIAL POSITION - PARENT
ENTITY
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
ASET ASSETS
Kas 31.975.034 29.709.278 Cash
Giro pada Bank Indonesia 31.251.995 88.387.143 Current accounts with Bank Indonesia
Giro pada Bank Lain 41.328.655 24.731.569 Current accounts with Other Banks
Cadangan kerugian penurunan nilai (10.174) (8.036) Allowance for impairment losses
41.318.481 24.723.533
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan Lembaga Keuangan Lain 20.080.353 56.011.183 and Other Financial Institutions
Cadangan kerugian penurunan nilai (2.258) (259) Allowance for impairment losses
20.078.095 56.010.924
Efek-efek 338.630.556 295.987.483 Securities
Cadangan kerugian penurunan nilai (89.420) (45.656) Allowance for impairment losses
338.541.136 295.941.827
Wesel Ekspor dan Tagihan Lainnya 48.252.083 40.656.822 Export Bills and Other Receivables
Cadangan kerugian penurunan nilai (465.498) (1.075.559) Allowance for impairment losses
47.786.585 39.581.263
Efek-efek yang Dibeli dengan Janji Securities Purchased
Dijual Kembali 24.452 16.647.882 Under Agreement to Resell
Tagihan Derivatif 1.161.614 1.073.502 Derivative Receivables
Kredit yang Diberikan 1.342.673.712 1.215.847.233 Loans
Cadangan kerugian penurunan nilai (72.903.722) (71.161.833) Allowance for impairment losses
1.269.769.990 1.144.685.400
Tagihan Akseptasi 13.078.567 10.105.373 Acceptance Receivable
Cadangan kerugian penurunan nilai (32.226) (321.683) Allowance for impairment losses
13.046.341 9.783.690
Penyertaan Saham 51.300.972 50.241.445 Investment in Associated Entities
Aset Tetap Premises and Equipment
Biaya perolehan 68.708.433 65.168.929 Cost
Akumulasi penyusutan (23.342.308) (19.778.550) Accumulated Depreciation
Nilai buku - neto 45.366.125 45.390.379 Book value - net
Aset Pajak Tangguhan - neto 5.066.961 9.878.487 Deferred Tax Assets - net
Aset Lain-lain - neto 34.848.078 28.340.308 Other Assets - net
TOTAL ASET 1.931.535.859 1.840.395.061 TOTAL ASSETS
422
Page 1397
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENT OF FINANCIAL POSITION - PARENT
(lanjutan) ENTITY (continued)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas Segera 34.822.863 32.388.387 Liabilities Due Immediately
Simpanan Nasabah Deposits from Customer
Giro 450.129.463 375.906.469 Demand Deposits
Tabungan 584.892.761 542.666.796 Saving Deposits
Deposito Berjangka 425.066.471 441.561.126 Time Deposits
Total Simpanan Nasabah 1.460.088.695 1.360.134.391 Total Deposits from Customers
Simpanan dari Bank Lain dan Lembaga Deposits from Other Banks and
Keuangan Lainnya 17.908.511 14.434.237 Financial Institutions
Efek-efek yang Dijual dengan Janji Securities Sold Under Agreement
Dibeli Kembali 27.932.749 24.753.034 To Repurchase
Liabilitas Derivatif 1.101.701 1.585.120 Derivative Payables
Liabilitas Akseptasi 13.078.567 10.105.373 Acceptances Payable
Utang Pajak 1.707.833 1.356.119 Taxes Payable
Surat Berharga yang Diterbitkan 11.596.380 17.060.073 Marketable Securities Issued
Pinjaman yang Diterima 32.122.154 49.549.381 Fund Borrowings
Estimasi Kerugian Komitmen Estimated Losses on Commitments
dan Kontinjensi 1.945.252 2.550.390 and Contingencies
Liabilitas Imbalan Kerja 20.898.263 16.214.173 Liabilities for Employee Benefits
Liabilitas Lain-lain 8.344.137 10.399.654 Other Liabilities
Pinjaman dan Surat Berharga Subordinated Loans and Marketable
Subordinasi 492.579 491.781 Securities
TOTAL LIABILITAS 1.632.039.684 1.541.022.113 TOTAL LIABILITIES
423
Page 1398
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN POSISI KEUANGAN - ENTITAS INDUK STATEMENT OF FINANCIAL POSITION - PARENT
(lanjutan) ENTITY (continued)
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
LIABILITAS DAN EKUITAS (lanjutan) LIABILITIES AND EQUITY (continued)
EKUITAS EQUITY
Modal saham - nilai nominal Rp50 Capital stock - par value Rp50
(nilai penuh) per lembar saham (full Rupiah) per share
Modal dasar - 300.000.000.000 lembar Authorized capital - 300,000,000,000
saham (terdiri dari 1 lembar saham shares (consisting of 1
Seri A Dwiwarna dan Series A Dwiwarna Share
299.999.999.999 lembar and 299,999,999,999
saham Seri B) 7.577.950 7.577.950 Series B shares)
Modal ditempatkan dan disetor Issued and fully paid capital
penuh - 151.559.001.604 lembar - 151,559,001,604 shares (consisting
saham (terdiri dari 1 lembar saham of 1 Series A Dwiwarna share
Seri A Dwiwarna dan 151.559.001.603 and 151,559,001,603
lembar saham Seri B) Series B shares)
Tambahan modal disetor 76.339.022 76.273.050 Additional paid-in capital
Revaluation surplus arising from premises
Surplus revaluasi aset tetap - neto 19.855.266 19.846.113 and equipment - net of tax
Selisih kurs karena penjabaran laporan Differences arising from the translation of
keuangan dalam mata uang asing 226.074 (206.054) foreign currency financial statements
Keuntungan (kerugian) yang belum direalisasi
atas efek-efek yang diklasifikasikan sebagai Unrealized gain (loss) on fair value
nilai wajar melalui penghasilan through other comprehensive income
komprehensif lain - bersih 684.477 (2.319.628) securities - net of deferred tax
Cadangan penurunan nilai atas efek-efek Allowance for impairment losses
yang diklasifikasikan sebagai nilai wajar on fair value through other
melalui penghasilan komprehensif lain 55.173 55.173 comprehensive income security
Kerugian pengukuran kembali program Loss on remeasurement of defined
imbalan pasti - neto (1.686.054) (220.051) benefit plan - net of deferred tax
Modal saham diperoleh kembali (saham treasuri) (4.463.270) (4.349.007) Treasury stock
Opsi saham 121.808 313.404 Stock option
Cadangan kompensasi atas saham bonus 453.231 452.031 Provision for bonus shares compensation
Saldo laba Retained earnings
Telah ditentukan penggunaannya 3.022.685 3.022.685 Appropriated
Belum ditentukan penggunaannya 197.309.813 198.927.282 Unappropriated
Total Saldo Laba 200.332.498 201.949.967 Total retained earnings
TOTAL EKUITAS 299.496.175 299.372.948 TOTAL EQUITY
TOTAL LIABILITAS DAN EKUITAS 1.931.535.859 1.840.395.061 TOTAL LIABILITIES AND EQUITY
424
Page 1399
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENT OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN - ENTITAS INDUK (lanjutan) COMPREHENSIVE INCOME - PARENT ENTITY
(continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
PENDAPATAN DAN INCOME AND EXPENSES
BEBAN OPERASIONAL FROM OPERATIONS
Pendapatan bunga 163.606.049 162.229.379 Interest income
Beban bunga (50.024.689) (50.579.001) Interest expense
Pendapatan bunga - neto 113.581.360 111.650.378 Total interest income - net
Pendapatan operasional lainnya Other operating income
Provisi dan komisi lainnya 20.662.868 20.407.827 Other fees and commissions
Penerimaan kembali aset yang telah Recovery of written-off assets
dihapusbukukan dan klaim asuransi 20.779.276 24.172.977 and insurance claim
Keuntungan transaksi mata uang asing - neto 2.041.289 1.114.871 Gain on foreign exchange - net
Keuntungan dari penjualan efek-efek - neto 3.423.950 2.000.524 Gain on sale of securities - net
Keuntungan yang belum direalisasi dari Unrealized gain on changes in
perubahan nilai wajar efek-efek - 154.220 fair value on securities
Lain-lain 6.865.886 5.657.896 Others
Total pendapatan operasional lainnya 53.773.269 53.508.315 Total other operating income
Beban penyisihan kerugian penurunan nilai Provision for allowance for impairment
atas aset keuangan - neto (41.702.909) (36.733.212) losses on financial assets - net
Beban penyisihan estimasi Reversal of allowance for estimated
kerugian komitmen dan losses on commitments and
kontinjensi - neto 623.901 3.593.889 contingencies - net
Beban penyisihan kerugian penurunan Provision for allowance for impairment
nilai atas aset non-keuangan (11) (399) losses on non-financial assets
Beban Operasional lainnya Other operating expenses
Tenaga kerja dan tunjangan (27.899.510) (26.842.452) Salaries and employee benefits
Umum dan administrasi (24.099.427) (21.629.061) General and administrative
Kerugian yang belum direalisasi dari Unrealized loss on changes in
perubahan nilai wajar efek-efek (42.081) - fair value of securities
Lain-lain (11.605.085) (13.384.055) Others
Total Beban Operasional lainnya (63.646.103) (61.855.568) Total other operating expenses
LABA OPERASIONAL 62.629.507 70.163.403 OPERATING INCOME
BEBAN NON- OPERASIONAL NON-OPERATING EXPENSES
- NETO (428.217) (1.053.112) INCOME - NET
LABA SEBELUM BEBAN PAJAK 62.201.290 69.110.291 INCOME BEFORE TAX EXPENSE
BEBAN PAJAK (11.797.364) (14.268.823) TAX EXPENSE
LABA BERSIH 50.403.926 54.841.468 NET INCOME
*) Setelah reklasifikasi *) After reclassification
425
Page 1400
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan As of December 31, 2025
untuk Tahun yang Berakhir pada and for the Year
Tanggal Tersebut Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENT OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN - ENTITAS INDUK (lanjutan) COMPREHENSIVE INCOME - PARENT ENTITY
(continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
Penghasilan komprehensif lainnya: Other comprehensive income:
Akun-akun yang tidak akan direklasifikasi Items not to be reclassified
ke laba rugi to profit or loss
Pengukuran kembali atas program Remeasurement of liabilities
imbalan pasti (1.809.880) 2.137.733 for employee benefits
Pajak penghasilan terkait akun-akun yang Income taxes related to items
tidak akan direklasifikasi ke not to be reclassified to
laba rugi 343.877 (406.169) profit or loss
Surplus atas revaluasi aset tetap 9.153 (2.458) Revaluation surplus arising
from premises and equipment
Akun-akun yang akan direklasifikasi ke laba rugi Items to be reclassified to profit or loss
Selisih kurs karena penjabaran Differences arising from the
laporan keuangan dalam translation of foreign currency
mata uang asing 432.128 47.531 financial statements
Keuntungan yang belum direalisasi Unrealized gain on
atas efek-efek yang diklasifikasikan fair value through other
sebagai nilai wajar melalui penghasilan comprehensive income
komprehensif lain - neto 3.688.304 81.580 securities - net
Cadangan penurunan nilai atas Allowance for impairment losses
efek-efek yang diklasifikasikan sebagai on fair value through
nilai wajar melalui penghasilan other comprehensive
komprehensif lain - (65.549) income securities
Pajak penghasilan Income taxes
terkait akun-akun yang akan related to items to be
direklasifikasi ke laba rugi (684.199) 59.542 reclassified to profit or loss
Penghasilan Komprehensif Lain Other comprehensive income
Tahun Berjalan - Setelah Pajak 1.979.383 1.852.210 for the year - after tax
TOTAL PENGHASILAN KOMPREHENSIF TOTAL COMPREHENSIVE INCOME
TAHUN BERJALAN 52.383.309 56.693.678 FOR THE YEAR
LABA TAHUN BERJALAN PER SAHAM EARNINGS PER SHARE
Dasar (dalam Rupiah penuh) 335 364 Basic (full Rupiah)
Dilusian (dalam Rupiah penuh) 335 364 Diluted (full Rupiah)
*) Setelah reklasifikasi *) After reclassification
426
Page 1401
The original consolidated financial statements included herein are in the Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan 2024 dan untuk As of December 31, 2025 and 2024
Tahun yang Berakhir pada Tanggal-Tanggal Tersebut for the Years Then Ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions Rupiah, unless otherwise stated)
LAPORAN PERUBAHAN EKUITAS - ENTITAS INDUK STATEMENT OF CHANGES IN EQUITY - PARENT ENTITY
Keuntungan
(Kerugian)
yang belum
direalisasi
Cadangan Efek-efek
penurunan yang diukur
nilai Efek-efek Selisih kurs pada nilai
yang diukur karena wajar melalui Kerugian
pada nilai penjabaran penghasilan pengukuran
wajar melalui laporan komprehensif kembali Surplus
penghasilan keuangan lain - neto/ program revaluasi
komprehensif lain/ dalam mata Unrealized imbalan pasti - aset tetap -
Allowance for uang asing/ gain (loss) on setelah pajak Cadangan setelah pajak
Modal impairment Differences fair value tangguhan/ kompensasi terkait/
ditempatkan losses on fair arising from through other loss on saham dan opsi Revaluation Saldo laba/ Retained earnings
dan value through the translation comprehensive remeasurement saham/ surplus
disetor penuh/ Tambahan other of foreign income of defined Saham Provision for arising from Telah Belum Total
Issued and modal disetor/ comprehensive currency securities - benefit plan- treasuri/ bonus share premises and ditentukan ditentukan ekuitas/
fully paid Additional income financial net of net of Treasury compensation equipment- penggunaannya/ penggunaannya/ Total
capital paid-in capital securities statements deferred tax deferred tax stock and stock option net of tax Appropriated Unappropriated equity
Saldo pada tanggal Balance as of
31 Desember 2023 7.577.950 76.245.954 120.722 (253.585) (2.460.750) (1.951.615) (3.614.321) 342.251 19.848.571 3.022.685 199.859.297 298.737.159 December 31, 2023
Laba tahun berjalan - - - - - - - - - - 54.841.468 54.841.468 Income for the year
Penghasilan komprehensif Other comprehensive
lainnya - - (65.549) 47.531 141.122 1.731.564 - - (2.458) - - 1.852.210 lncome
Total penghasilan komprehensif Total other comprehensive income
untuk tahun berjalan - - (65.549) 47.531 141.122 1.731.564 - - (2.458) - 54.841.468 56.693.678 for the year
Pembagian laba Distribution of net income
- Dividend on net income
- dividen atas laba tahun 2023 - - - - - - - - - - (35.435.851) (35.435.851) for the year 2023
- dividen interim atas laba - Interim dividend on net income
Tahun 2024 - - - - - - - - - - (20.337.632) (20.337.632) for the year 2024
Opsi saham - - - - - - - 40.677 - - - 40.677 Stock option
Saham bonus - 27.096 - - - - 141.072 382.507 - - - 550.675 Bonus shares
Saham treasuri - - - - - - (875.758) - - - - (875.758) Treasury stock
Saldo pada tanggal Balance as of
31 Desember 2024 7.577.950 76.273.050 55.173 (206.054) (2.319.628) (220.051) (4.349.007) 765.435 19.846.113 3.022.685 198.927.282 299.372.948 December 31, 2024
427
Page 1402
The original consolidated financial statements included herein are in the Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan 2024 dan untuk As of December 31, 2025 and 2024
Tahun yang Berakhir pada Tanggal-Tanggal Tersebut for the Years Then Ended
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions Rupiah, unless otherwise stated)
LAPORAN PERUBAHAN EKUITAS - ENTITAS INDUK (lanjutan) STATEMENT OF CHANGES IN EQUITY - PARENT ENTITY (continued)
Keuntungan
(Kerugian)
yang belum
direalisasi
Cadangan Efek-efek
penurunan yang diukur
nilai Efek-efek Selisih kurs pada nilai Keuntungan
yang diukur karena wajar melalui (Kerugian)
pada nilai penjabaran penghasilan pengukuran
wajar melalui laporan komprehensif kembali Surplus
penghasilan keuangan lain – bersih/ program revaluasi
komprehensif lain/ dalam mata Unrealized imbalan pasti - aset tetap -
Allowance for uang asing/ gain (loss) on setelah pajak Cadangan setelah pajak
Modal impairment Differences fair value tangguhan/ kompensasi terkait/
ditempatkan losses on fair arising from through other Gain (loss) on saham dan opsi Revalution Saldo laba/ Retained earnings
dan value through the translation comprehensive remeasurement saham kepada surplus Total
disetor penuh/ Tambahan other of foreign income of defined Saham pekerja/ arising from Telah Belum ekuitas
Issued and modal disetor/ comprehensive currency securities - benefit plan- treasuri/ Provision for premises and ditentukan ditentukan pemilik
fully paid Additional income financial net of net of Treasury bonus share equipment- penggunaannya/ penggunaannya/ entitas induk/
capital paid-in capital securities statements deferred tax deferred tax stock compensation net of tax Appropriated Unappropriated Total equity
Saldo pada tanggal Balance as of
31 Desember 2024 7.577.950 76.273.050 55.173 (206.054) (2.319.628) (220.051) (4.349.007) 765.435 19.846.113 3.022.685 198.927.282 299.372.948 December 31, 2024
Laba tahun berjalan - - - - - - - - - - 50.403.926 50.403.926 Income for the year
Penghasilan komprehensif Other comprehensive
lainnya - - - 432.128 3.004.105 (1.466.003) - - 9.153 - - 1.979.383 lncome
Total penghasilan komprehensif Total other comprehensive income
untuk tahun berjalan - - - 432.128 3.004.105 (1.466.003) - - 9.153 - 50.403.926 52.383.309 for the year
Pembagian laba Distribution of net income
- Dividend on net income
- dividen atas laba tahun 2024 - - - - - - - - - - (31.389.140) (31.389.140) for the year 2024
- dividen interim atas laba tahun 2025 - - - - - - - - - - (20.632.255) (20.632.255) -interim dividend on net income
for the year 2025
Opsi saham - - - - - - - 121.808 - - - 121.808 Stock option
Saham bonus - 65.972 - - - - 374.110 (312.204) - - - 127.878 Bonus shares
Saham treasuri - - - - - - (488.373) - - - - (488.373) Treasury stock
Saldo pada tanggal Balance as of
31 Desember 2025 7.577.950 76.339.022 55.173 226.074 684.477 (1.686.054) (4.463.270) 575.039 19.855.266 3.022.685 197.309.813 299.496.175 Desember 31, 2025
428
Page 1403
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan 2024 dan As of December 31, 2025 and 2024 and
untuk Tahun yang Berakhir pada for the Years Then Ended
Tanggal-tanggal Tersebut (Expressed in millions Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
LAPORAN ARUS KAS - ENTITAS INDUK STATEMENT OF CASH FLOWS - PARENT ENTITY
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024*)
ARUS KAS DARI KEGIATAN CASH FLOWS FROM OPERATING
OPERASI ACTIVITIES
Penerimaan bunga 160.903.581 168.088.916 Interest received
Pembayaran bunga (50.408.604) (50.565.448) Interest paid
Penerimaan kembali aset yang telah
dihapusbukukan 20.779.276 24.172.977 Recovery of written-off assets
Pendapatan operasional lainnya 29.677.958 26.492.773 Other operating income
Beban operasional lainnya (57.150.530) (41.806.441) Other operating expense
Beban non-operasional - neto (444.278) (1.136.798) Non operating expenses - net
Pembayaran pajak penghasilan badan
dan tagihan pajak (6.033.087) (11.331.957) Payment of corporate income tax
Arus kas sebelum perubahan Cash flows before changes in
dalam aset dan liabilitas operasi 97.324.316 113.914.022 operating assets and liabilities
Perubahan dalam aset dan liabilitas operasi: Changes in operating assets and liabilities:
(Kenaikan) penurunan aset operasi: (Increase) decrease in operating assets:
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan lembaga keuangan lain (152.211) 1.332.711 and other Financial Institutions
Efek-efek yang diukur pada nilai Securities at fair value
wajar melalui laporan laba rugi (3.213.330) 251.890 through profit or loss
Wesel ekspor dan tagihan lainnya (7.595.261) 13.473.275 Export bills and other receivables
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 16.623.430 16.702.293 agreement to resell
Kredit yang diberikan (167.621.067) (111.711.585) Loans
Aset lain-lain 2.721.937 (1.591.190) Other assets
Kenaikan (Penurunan) Increase (Decrease) in
liabilitas operasi: operating liabilities:
Liabilitas segera 1.752.651 (16.300.026) Liabilities due immediately
Simpanan: Deposits:
Giro 74.222.994 29.251.876 Demand deposits
Tabungan 42.225.965 16.152.240 Saving deposits
Deposito berjangka (16.494.655) (37.952.725) Time deposits
Simpanan dari bank lain dan lembaga Deposits from other banks and
keuangan lainnya 3.474.274 2.367.278 financial institutions
Efek-efek yang dijual dengan janji Securities sold under agreement
dibeli kembali 3.179.715 5.673.576 to repurchase
Liabilitas lain-lain (8.131.226) (1.202.872) Other liabilities
Kas neto yang diperoleh dari Net cash provided by
kegiatan operasi 38.317.532 30.360.763 operating activities
*) Setelah reklasifikasi *) After reclassification
429
Page 1404
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan 2024 dan As of December 31, 2025 and 2024 and
untuk Tahun yang Berakhir pada for the Years Then Ended
Tanggal-tanggal Tersebut (Expressed in millions Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
LAPORAN ARUS KAS - ENTITAS INDUK (lanjutan) STATEMENT OF CASH FLOWS - PARENT ENTITY
(continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN INVESTASI INVESTING ACTIVITIES
Penerimaan dividen 3.317.120 2.706.448 Proceeds from dividend
Perolehan aset tetap (4.309.687) (6.346.941) Acquisition of premises and equipment
Proceeds from sale of premises
Hasil penjualan aset tetap 16.061 83.686 and equipment
Penambahan penyertaan saham - (20.000) Investment in shares
Kenaikan efek-efek yang diklasifikasikan
sebagai nilai wajar melalui Increase in fair value through other
penghasilan komprehensif lain comprehensive income and
dan biaya perolehan diamortisasi (34.829.105) 13.162.178 amortized cost securities
Kas neto yang diperoleh dari Net cash provided by(used in)
(digunakan untuk) kegiatan investasi (35.805.611) 9.585.371 investing activities
ARUS KAS DARI KEGIATAN CASH FLOWS FROM FINANCING
PENDANAAN ACTIVITIES
Penerimaan pinjaman yang diterima - 13.643.801 Proceed from fund borrowing
Pembayaran pinjaman yang diterima (17.655.543) (5.623.398) Payment of fund borrowing
Saham yang dibeli kembali (488.373) (875.758) Treasury stock
Pembagian laba untuk dividen (51.726.772) (48.102.283) Distribution of income for dividend
Penerimaan atas surat berharga yang Proceeds of marketable securities
diterbitkan 5.567.476 2.550.862 issued
Pembayaran atas surat berharga yang Payments of matured marketable
jatuh tempo (11.014.371) (15.974.542) securities issued
Kas neto yang digunakan untuk Net cash used in
kegiatan pendanaan (75.317.583) (54.381.318) financing activities
PENURUNAN NETO KAS DECREASE IN CASH
DAN SETARA KAS (72.805.662) (14.435.184) AND CASH EQUIVALENTS
EFFECT OF EXCHANGE
PENGARUH PERUBAHAN KURS 1.085 18.103 RATE CHANGES ON
MATA UANG ASING FOREIGN CURRENCIES
CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AWAL TAHUN 201.282.933 215.700.014 THE BEGINNING OF THE YEAR
CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AKHIR TAHUN 128.478.356 201.282.933 THE END OF THE YEAR
430
Page 1405
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan 2024 dan As of December 31, 2025 and 2024 and
untuk Tahun yang Berakhir pada for the Years Then Ended
Tanggal-tanggal Tersebut (Expressed in millions Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
LAPORAN ARUS KAS - ENTITAS INDUK (lanjutan) STATEMENT OF CASH FLOWS - PARENT ENTITY
(continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2025 2024
Kas dan Setara Kas Cash and cash equivalents at
akhir tahun terdiri dari: the end of the year consist of:
Kas 31.975.034 29.709.278 Cash
Giro pada Bank Indonesia 31.251.995 88.387.143 Current accounts with Bank Indonesia
Giro pada bank lain 41.328.655 24.731.569 Current accounts with other banks
Penempatan pada Bank Indonesia Placement with Bank Indonesia and
dan bank lain - jangka waktu jatuh tempo other financial institutions - maturing
tiga bulan atau kurang sejak within three months or less since
tanggal perolehan 18.346.153 54.431.193 the acquisition date
Sertifikat Bank Indonesia Bank Indonesia Certificates
jangka waktu jatuh tempo maturing within
tiga bulan atau kurang sejak three months or less since
tanggal perolehan 5.576.519 4.023.750 the acquisition date
Total Kas dan Setara Kas 128.478.356 201.282.933 Total Cash and Cash Equivalent
PENYERTAAN SAHAM PADA ENTITAS ANAK INVESTMENTS IN SUBSIDIARIES
Informasi mengenai entitas anak yang dimiliki BRI Information related to subsidiaries owned by BRI is
diungkapkan pada Catatan 1f atas laporan keuangan disclosed in Note 1f to the consolidated financial
konsolidasian. statements.
Pada tanggal-tanggal 31 Desember 2025 dan As of December 31, 2025 and 2024, the parent entity has
2024, entitas induk memiliki penyertaan saham pada investment in subsidiaries as follows:
entitas anak yang disajikan dengan metode biaya
sebagai berikut:
31 Desember 2025/ 31 Desember 2024/
December 31, 2025 December 31, 2024
Persentase Persentase
Kepemilikan/ Kepemilikan/
Harga Perolehan/ Percentage of Harga Perolehan/ Percentage of
Acquisition cost ownership Acquisition cost ownership
PT Bank Raya Indonesia Tbk 5.448.979 86,85% 5.448.979 86,85% PT Bank Raya Indonesia Tbk
BRI Global Financial Services Co. Ltd. 2.289 100,00 2.289 100,00 BRI Global Financial Services Co. Ltd.
PT Asuransi BRI Life 1.626.643 51,00 1.626.643 54,77 PT Asuransi BRI Life
PT BRI Multifinance Indonesia 1.055.003 99,88 1.055.003 99,88 PT BRI Multifinance Indonesia
PT BRI Danareksa Sekuritas 513.888 67,00 513.888 67,00 PT BRI Danareksa Sekuritas
PT BRI Ventura Investama 2.148.090 99,97 2.148.090 99,97 PT BRI Ventura Investama
PT BRI Asuransi Indonesia 1.041.000 90,00 1.041.000 90,00 PT BRI Asuransi Indonesia
PT Pegadaian 25.326.438 99,99 25.326.438 99,99 PT Pegadaian
PT Permodalan Nasional Madani 6.073.819 99,99 6.073.819 99,99 PT Permodalan Nasional Madani
PT BRI Manajemen Investasi (BRI-MI) 458.433 65,00 458.433 65,00 PT BRI Manajemen Investasi (BRI-MI)
431
Page 1406
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2025 dan 2024 dan As of December 31, 2025 and 2024 and
untuk Tahun yang Berakhir pada for the Years Then Ended
Tanggal-tanggal Tersebut (Expressed in millions Rupiah,
(Disajikan dalam jutaan Rupiah, unless otherwise stated)
kecuali dinyatakan lain)
REKLASIFIKASI RECLASSIFICATION
Beberapa akun dalam informasi keuangan tersendiri Several accounts in the Parent Entity’s separate financial
Entitas Induk untuk tahun yang berakhir pada tanggal information for the year ended December 31, 2024 have
31 Desember 2024 telah direklasifikasi sehingga sesuai been reclassified so that they are in accordance with the
dengan penyajian informasi keuangan tersendiri Entitas presentation of the Parent Entity’s separate financial
Induk untuk tahun yang berakhir pada tanggal 31 information for the year ended December 31, 2025. A
Desember 2025. Ringkasan dari akun-akun tersebut summary of these accounts are as follows:
adalah sebagai berikut:
Untuk tahun yang berakhir pada tanggal
31 Desember 2024/ For the year ended December 31, 2024
Sebelum Setelah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
Laporan Laba Rugi dan Statement of Profit or Loss and
Penghasilan Komprehensif Lain Other Comprehensive Income
Beban bunga (51.180.468) 601.467 (50.579.001) Interest expenses
Beban operasional lainnya Other Operating Expenses
Lain-lain (12.782.588) (601.467) (13.384.055) Others
Laporan Arus Kas Statement of Cash Flow
Arus Kas dari Kegiatan Operasi Cash Flow from Operating Activities
Beban Bunga (51.166.915) 601.467 (50.565.448) Interest Expenses
Beban operasional lainnya (41.204.974) (601.467) (41.806.441) Other Operating Expenses
Arus kas sebelum perubahan dalam Cash Flow before Changes in
Aset dan Liabilitas Operasi 113.914.022 - 113.914.022 Operating Assets and Liabilities
432
Page 1407
2025
Annual Report
Head Office
Jl. Jend Sudirman Kav 44-46
Jakarta 10210, Indonesia
Tel. : (62-21) 251-0244, 251-0254, 251-
0264, 251-0269, 251-0279
Fax : (62-21) 250-0077
www.bri.co.id
Corporate Secretary
Gedung BRI 1 Lantai 15
Jl. Jend Sudirman Kav 44-46
Jakarta 10210, Indonesia
Tel. : (62-21) 575 1966
Fax : (62-21) 570 0916
Names mentioned 161 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank BRI
p.4 ×4
unresolved
org
Indonesia (Persero) Tbk.
p.7 ×5
unresolved
org
Bank Soundness Level
p.9 ×3
unresolved
org
Financial Services Authority
p.10 ×12
unresolved
org
Government of the Republic of Indonesia
p.11 ×6
unresolved
org
PT Asuransi BRI Life
p.11 ×2
unresolved
org
PT BRI Asuransi Indonesia
p.11 ×2
unresolved
org
PT Bahana Artha Ventura
p.11
unresolved
org
PT Kustodian Sentral
p.11
unresolved
org
PT BRI Multifinance Indonesia
p.11 ×2
unresolved
org
PT BRI Ventura Investama
p.11 ×3
unresolved
org
PT BRI Danareksa Sekuritas
p.11 ×3
unresolved
org
PT Kliring Penjaminan
p.11
unresolved
org
PT Bank Syariah Efek Indonesia
p.11
unresolved
org
KPEI
p.11
unresolved
org
PT BRI Manajemen Investasi
p.11 ×3
unresolved
org
PT Pemeringkat Efek
p.11
unresolved
org
BRI Global Financial Services Co. Ltd.
p.11 ×2
unresolved
org
Bank Agroniaga Tbk
p.12 ×2
unresolved
org
Bank Jasa Artha
p.12
unresolved
org
PT Bank BRI Syariah.
p.12
unresolved
org
Indonesia Stock Exchange
p.12
unresolved
org
Bank Koperasi Tani Nelayan
p.12 ×2
unresolved
org
PT Asuransi Jiwa BRIngin Jiwa Sejahtera
p.13 ×2
unresolved
org
BRIngin Remittance Co. Ltd.
p.13
unresolved
org
Bank BRI Shelf Registration Bonds II Phase IV
p.13 ×2
unresolved
org
Bank BRI Registration Bonds III
p.13
unresolved
org
Bank BRI’s
p.13
unresolved
org
PT Bringin Sejahtera Artha Makmur
p.14
unresolved
org
Bank Branch Office License
p.15
unresolved
org
Koperasi Desa
p.15 ×2
unresolved
org
Bank Indonesia
p.26 ×14
unresolved
org
PT Pegadaian Assets
p.33
unresolved
org
PT Permodalan Nasional Madani Assets
p.33
unresolved
org
PT Asuransi BRI Life Assets
p.33
unresolved
org
PT BRI Asuransi Indonesia Assets
p.33
unresolved
org
PT BRI Multifinance Indonesia Assets
p.33
unresolved
org
PT BRI Ventura Investama Assets
p.33
unresolved
org
PT BRI Danareksa Sekuritas Assets
p.34
unresolved
org
Bank Rakyat Indonesia Agroniaga Tbk
p.34 ×2
unresolved
org
Bank BRI Phase I Year
p.38
unresolved
org
Bank BRI Phase II Year
p.38
unresolved
org
Bank BRI Phase IV Year
p.38
unresolved
org
Bank BRI Phase I
p.38 ×4
unresolved
org
Bank BRI Subordinated Bond IV Year
p.38
unresolved
org
Bank BRI Phase II
p.38 ×4
unresolved
org
Bank BRI Phase III
p.38
unresolved
org
Bank Tabungan
p.39 ×13
unresolved
org
PT PEMERINGKAT EFEK INDONESIA
p.41
unresolved
org
Bank Deposits
p.41
unresolved
org
Ministry of Immigration
p.47
unresolved
org
Bank Indonesia’s
p.56 ×4
unresolved
org
Bank Service Excellence Monitor
p.63
unresolved
person
Subsequently
· President Director
p.67 ×2
unresolved
—
Appoint Hery Gunardi
· President Director
p.67 ×14
unresolved
—
Medium Putratama
· Director
p.67
unresolved
—
Retail Funding Nancy Adistyasari
· Director
p.67 ×4
unresolved
—
Distribution Viviana Dyah Ayu R.K.
· Director
p.67 ×2
unresolved
—
Consumer Business
· Director
p.67
unresolved
person
Appoint Achmad Royadi
· Director
p.68 ×8
unresolved
person
Hartanto
· Director
p.68 ×3
unresolved
org
BRI (Persero) Tbk.
p.74 ×10
unresolved
org
Minister of State-Owned Enterprises
p.76
unresolved
org
Bank Soundness Rating
p.83
unresolved
—
Independent Commissioner Moraza
· Commissioner
p.87
unresolved
—
Independent Commissioner Dwi Ria Latifa
· Independent Commissioner
p.87 ×4
unresolved
person
Vice
· President Commissioner
p.91 ×2
unresolved
person
Dr. Kusuma Atmaja
p.96
unresolved
org
Minister of Justice
p.98 ×2
unresolved
person
Notary Imas Fatimah
p.98 ×2
unresolved
org
Bank Indonesia Decree
p.99
unresolved
person
Notary Fathiah Helmi
· Notaris
p.99 ×8
unresolved
org
Minister of Human Rights Law Based
p.99
unresolved
org
Bapepam-LK
p.99 ×2
unresolved
org
Minister of Law and Human Rights
p.99 ×2
unresolved
org
Minister of Law
p.99 ×3
unresolved
org
Bank Rakyat Indonesia Law
p.101
unresolved
org
Bank Rakyat Indonesia PP
p.101
unresolved
person
Muhani Salim
p.101
unresolved
org
Financial Conglomerate Corporation
p.649
unresolved
org
Bank Nasional Indonesia (Persero) Tbk
p.684 ×2
unresolved
—
for tomorrow: Strategic future
p.684
unresolved
org
External Assurance for Sustainability
p.684
unresolved
org
Dana Pensiun Pegadaian Supervisory Board
p.920
unresolved
org
Rakyat Indonesia (Persero) Tbk
p.920 ×2
unresolved
org
Purwanto Susanti
p.965
unresolved
org
Young Global Limited
p.965
unresolved
org
BRI Global Financial Services Co.,Ltd
p.1004
unresolved
org
PT Asuransi BRI Life Life Insurance
p.1004
unresolved
org
PT BRI Multifinance Indonesia Financing
p.1004
unresolved
org
PT BRI Ventura Investama Venture Capital
p.1004
unresolved
org
PT BRI Danareksa Sekuritas Securities
p.1004
unresolved
org
PT BRI Asuransi Indonesia General Insurance
p.1004
unresolved
org
PT Pegadaian Financing
p.1004
unresolved
org
PT BRI Manajemen Investasi Investment
p.1004
unresolved
org
PT BRI Manajemen
p.1037 ×2
unresolved
person
Leolin Jayayanti
· Notaris
p.1037
unresolved
person
Jayayanti
p.1037
unresolved
org
Menteri
p.1037
unresolved
org
PT BRI Manajemen Investasi Number AH.
p.1037
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