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2024
Annual Report
Continuing the Transformation,
Becoming More Brilliant and Excellent
In the midst of challenging macroeconomic BRI Group continues to strengthen In 2024, Bank BRI is able to adapt to
conditions, PT Bank Rakyat Indonesia its internal capabilities by carrying various situations and stand firmly as a
(Persero) Tbk (referred as BRI/Perseroan) out continuous digital and cultural market leader in the national banking
remains committed to providing transformation in all pillars of business sector, as well as becoming a symbol of
comprehensive financial services to growth, especially the Micro and Ultra support for Micro, Small and Medium
the community, as well as supporting Micro segments while still paying Business (UMKM) and encouraging the
sustainable and equitable economic attention to Good Corporate Governance people’s economy to advance the country.
growth throughout Indonesia. Bank BRI and risk control. In addition, innovation In the midst of an unfavorable situation,
is also consistent in responding to various and exploration of new sources of growth BRI succeeded in maintaining profitability
situations and challenges by issuing continue to be carried out to optimize by recording a Return on Assets of 3.06%,
strategic initiatives for sustainable business current and future business opportunities. Return on Equity of 19.01% and a net
growth. profit of IDR60.64 trillion.
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 analysis and discussion covering the company’s performance achievements,
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 1
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Theme
Continuity
Sustainable
Transformation to be
Stronger and Greater
2023
In the midst of global economic uncertainty and Holding Ultra Micro is proof that BRI continues
geopolitical conditions which create a challenging to be proactive in encouraging financial
situation during 2023, BRI succeeded in showing inclusion by facilitating access to financing
Annual Report positive performance. This performance is and social empowerment for the community.
inseparable from BRI’s commitment to continue In the second year after its founding, Ultra
carrying out Sustainable Transformation to Grow Micro Holding has served more than 37 million
Stronger and Greater so that it can continue to customers with financing, savings and insurance
contribute to the creation of economic and social products with support to facilitate outreach with
values in supporting inclusive national economic the availability of 15,000 business unit (BRI Unit
growth. The ongoing transformation carried out 6,700, Pegadaian 4,087 and PNM 4,553) , 1,018
has enabled BRI to provide the right strategic SENYUM (Ultra Micro Service Centers) namely
response amidst an economic situation that is still co-location units, more than 740 thousand
far from ideal after the Covid19 pandemic period. BRILink Agents and 686 thousand E-channels.
The Company is committed to continuing to BRI also continues to carry out digital innovation to
grow sustainably while remaining focused on improve banking services. BRImo as BRI’s super app
transformation in the cultural and digital areas is continuously being improved. In 2023 BRImo has
to realize BRI’s vision of becoming a “Champion integrated aspects of artificial intelligence, namely
of Financial Inclusion” by 2025. chat banking service (Sabrina) and increased cross
border transaction and investment capabilities.
In line with efforts to realize the vision, BRI BRImo has served 31.6 million users (an increase
optimizes its strengths, focusing on the of 32.6% yoy), with 3.1 billion transactions worth
business escalation period (beyond banking) by IDR4,159 trillion, which generated IDR2.4 trillion in
optimizing the synergy of Ultra Micro Holding fee based income.
(BRI, PT Pegadaian and PT Permodalan Nasional
Madani) supported by a strong customer Consistency in continuing to innovate and the
base to become a new source of growth for right strategic response succeeded in making
BRI, widespread infrastructure and complete BRI record solid performance with consolidated
financial products and services, as well as assets reaching IDR1,965 trillion or growing
strengthening retail banking through value 5.3% yoy. BRI’s total loan and financing was
chain business development, improving digital able to grow 11.2%, amounting to IDR1,266
products, and strengthening synergy and cross trillion. Increasing profitability with good risk
selling of BRI and its subsidiaries. management made BRI set a new record for
Profit by recording a Net Profit of IDR60.4 trillion
(an increase of 17.5% yoy) at the end of 2023.
2 PT Bank Rakyat Indonesia (Persero) Tbk
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Reach Further,
Reach Further,
Provide Solution,
Provide Solution,
Grow Better and Stronger
Grow Better and Stronger
2022 ANNUAL REPORT
PT Bank Rakyat Indonesia (Persero) Tbk.
2022
BRI implements a hybrid bank concept positive response from the community. This was
that combines digital and physical services shown by the volume of financial transactions
(conventional banking services) to expand reach. through BRImo which had more than doubled
Annual Report to IDR2,669 trillion, with the number of
The company’s efforts to provide convenience transactions reaching 1.83 billion transactions,
for the public in accessing BRI’s financial and BRImo users also shot up 68.46% Year on
services include the BRILink Agent service, the Year (YoY) to 23,85 million users.
BRImo super app, and the SENYUM co-location
(Ultra Micro Service Center). In addition, efforts to expand its reach were also
carried out through the Ultra Micro Holding
BRI also continued to spur the development of between BRI (as the holding company) and PT
AgenBRILink services to encourage inclusion Pegadaian and PT Permodalan Nasional Madani
and services closer to the community. The (PNM). One year after its establishment, Holding
number of AgenBRILink increased by 24.6% YoY Ultra Micro has successfully integrated more
to 627 thousand agents with transaction volume than 34 million ultra micro customers to obtain
reaching IDR1,298 trillion or growing 13.5% YoY. formal financial services. SENYUM colocation
Currently AgenBRILink services reached 58,896 services (Ultra Micro Service Centers) until the
villages in all corners of Indonesia, or covered at end of 2022 have reached 1,013 locations.
least 77% of the total villages in Indonesia.
Thus, through a hybrid bank strategy that makes
BRI continued to carry out a strong commitment BRI’s services more extensive and provides
to digital transformation to provide easy public convenience, encouraging BRI’s business to
access to banking services. One of them was continue to grow and become more resilient.
through Super Apps BRImo which received a
PT Bank Rakyat Indonesia (Persero) Tbk 3
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Digitalization:
Go Smaller, Go Shorter, Go Faster
Digitalization:
Go Smaller, Go Shorter,
Go Faster, Go Cheaper
PT Bank Rakyat Indonesia (Persero) Tbk.
Annual Report
2021
2021 In the midst of the economic recovery, PT Bank
Rakyat Indonesia (Persero) Tbk. (BRI) managed to
To provide banking services to various regions
by Go Smaller, Go Shorter & Go Faster, BRI
Annual Report maintain performance fundamentals to grow in digitalization was carried out by referring to 3
a healthy, strong and sustainable manner. BRI’s (three) main frameworks, namely first, Digitizing
success in recording this brilliant performance Core or digitizing business processes with the
became the result of a transformation strategy aim of increasing productivity and focusing on
prepared since 2016 through the grand concept efficiency. Second, Digital Ecosystems in which
of BRIvolution 1.0. The program was started in BRI prepared digital platforms to encourage BRI
2017 and had been implemented until 2020. to enter the value chain ecosystem business so
that it was expected to be a new source of growth
Since the onset of the pandemic, the for CASA, FBI and BRI’s new customers. Third,
transformation continued to become New Digital Propositions, in which BRI innovated
BRIvolution 2.0 focusing on two main areas, financial technology with a fully digital approach
namely digital and culture. BRI’s vision was also and new business models that could provide
changed to become The Most Valuable Banking services to customers faster, better and more
Group in Southeast Asia. In addition, another efficiently.
focus was to become the Champion of Financial
Inclusion. This was to restore BRI’s focus on its Through the transformation as well as the
pathway in the MSME segment, including the go smaller, go shorter and go faster strategy
Ultra Micro (UMi) business. supported by digitalization, BRI had proven to
be able to show solid performance by recording
Champion of Financial Inclusion was intended consolidated assets of IDR1,678.10 trillion
to maintain the company’s sustainable growth. or growing 4.23% YoY. As for the total loan
BRI looked for new sources of growth. With a and financing of the BRI Group, it reached a
go smaller strategy, BRI targeted a business thousand trillion rupiah exactly at IDR1,042.87
segment smaller than micro, namely ultra micro trillion. The proportion of BRI’s MSME loans
by extending loan with a smaller ticket size. BRI continued to climb, with 83.86% of BRI’s total
provided short tenors as needed or go shorter. In lending being channeled to the MSME segment.
addition, BRI strengthened the digitization of its This figure became an increase compared to the
financial services so that services and business same period last year, and BRI would continue to
processes could go faster. That way, BRI can increase this proportion to reach 85% by 2024.
serve the community by providing wider, easier,
faster and more affordable financial access.
4 PT Bank Rakyat Indonesia (Persero) Tbk
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Changing Adversities to Will-Power
Changing
Adversities
ANNUAL REPORT 2020 to Will-Power
2020 BRI has navigated an extensive journey of 125
years in fostering economic growth and the
aggravating business conditions, which limit
the mobility of all business practitioners in
Annual Report ever-growing development of customers from interacting and promoting its products. BRI
small segments across Indonesia. Within the swiftly realized loan restructuring programs
span of its milestones, BRI is committed to while at the same time optimizing its excellent
delivering services to micro, small, and medium infrastructure and information technologybased
enterprises (MSMEs). BRI consistently provides service products. BRI is progressively established
excellent services to the largest economic a digital technology-based business ecosystem,
segment in which mostly are carried out by which allows all business customers to be
the majority of Indonesians. This is done by connected with consumers across the country,
fostering, empowering and supporting them in even to various foreign countries. BRI has
optimizing their competencies, which eventually turned difficulties into business development
will enhance the welfare of their families and opportunities and is making creativity in
surrounding communities. optimizing the digital ecosystem a place to
deliver resilience in overcoming all business
BRI’s consistency has delivered large numbers of challenges.
upgraded MSMEs that are annually increasing.
This is achieved even in its 125th of journey, Backed by consistent efforts in fostering the
during the pandemic, the toughest period that MSMEs growth and development, BRI was able
evolved the dynamics of life and economies of to successfully maintain its position as the
all communities. BRI stands tall at the forefront, largest bank in Indonesia with consolidated
provides the best support for all its customers. assets of IDR1,511.81 trillion and a strong
Particularly for MSMEs customers that are level of capital. Today and going forward, BRI
suffering from the decline in their revenues will remain consistent with its commitment
caused by socioeconomic restrictions. to support, foster, empower, and continue to
provide the best service to the MSMEs segment.
Upholding the vision to become “The Most BRI is determined to continue to increase the
Valuable Banking Group in Southeast Asia and MSMEs portfolio hence to be able to deliver the
Champion of Financial Inclusion” in 2025, BRI best contribution to the majority of community
realized brilliant breakthroughs in overcoming. and persevere the nation’s economic resilience.
PT Bank Rakyat Indonesia (Persero) Tbk 5
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Table of Contents
Themes and Meaning of Themes
Theme Continuity
1
2
Company
Profile
Company Identity 74 Number of Employees by Status
03 140
Table of Contents 6
Name and Address of Regional Number of Employees by
75 140
Company at A Glance 9 Offices and Overseas Branch Offices Generation
Milestones 10 Company Brand 77 Number of Employees by Service
141
Period
Our Best Contribution 14 Brief History of The Company 78
Main and Controlling Shareholders 141
Description of Name Change 80
Komposisi Pemegang Saham 142
Vision, Mission and Corporate Culture 82
01
Shareholder’s Composition 143
Performance Vision 82
Composition of Shares Ownership
Highlights Mission 83 of 5% or More
144
Important Performance Reviews Of Vision And Mission Community Shareholders’ Group
18
Achievement in 2024 By The Board Of Commissioners 83 Composition Holding Less than 145
And Board Of Directors 5% of Shares
Important Financial Data Summary 20
Corporate Culture 82 Board of Commissioners’ and
Financial Summary and 146
20 Directors’ Shareholding
Financial Ratio Business Activities 85
Senior Management Shares
Operational Overview 27 148
Business Activities According Ownership
to The Article Association and 85
Stock Information 29 Business Activities Conducted Classification of Shareholders 148
Corporate Action 30 Products and Services 86 List of Subsidiaries, Associated
Companies and Joint Venturance 149
Temporary Termination of Stock Operating Area 98 Companies
Trading (Suspension) and/or 31
Shares Registration (Delisting) Organizational Structure 102 Company Group Structure 157
Information of Bonds, Sukuk, and/ List of Association Membership 104 Bank Business Group Information 158
32
or Conversion Bonds
Board of Directors’ Profile 106 Stock Issuance Chronology 159
Information on Other Funding
34
Sources Board of Commissioners’ Profile 121 Chronology of Issuance and/or
162
Listing of Other Securities
Company Rating 2024 34 Executive Officer Profile 134
Information on Using the Services
Significant Events 36 Employee Profile 139 of Public Accounting (AP) and 167
Public Accounting Offices (KAP)
Number of Employees by Gender 139
Name and Address of Supporting
Number of Employees by Position 168
139 Institutions and/or Professionals
Report of the Board of Level
02
Awards and Certifications 170
Directors and Board of Number of Employees by Age
139
Commissioners Range Information Available
188
on the Website
Number of Employees by
Board of Directors’ Report 42 140
Education Level
Board of Commissioners’ Report 56
2024 Annual Report
70
Responsibilities
6 PT Bank Rakyat Indonesia (Persero) Tbk
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Management Discussion
and Analysis on Bank Performance
Economic Review 192
04
Global Economic Review 192
Domestic Economic Analysis 194
Banking Industry Analysis 195
Analysis of BRI’s Position in the
196
Banking Industry
Operational Review 198
Bank Strategic Plan 198
Marketing Aspect 200
Marketing Strategy 200
Strategy for Improving Fee Based Material Transaction Information
Market Share 202 310 Containing Conflict of Interest
Income 403
and/or Transaction with Affilated
Customer Complaints Handling 203 Capital Structure 310 Parties
Operational Review Per Business Information on Capital Changes in Law and Their Impact
206 311 411
Segment and Risk Exposure on Bank
Operating Segment 207 Material Commitments Related Accounting Policy Changes 414
390
to Capital Goods Investment
Geographic Segment 270 Bank Soundness Level 415
Capital Goods Investment 391
National Strategic Projects (PSN) Business Continous Information 417
271
or Other Assignments Commitments and Contigencies 391
Disclosure of Governance
Financial Review 274 Significant Agreement 392 Framework, Management and 417
Control of Tax Aspects
Financial Performance 274 Material Information and Facts
After The Accountant’s Report 392 Response to Change in Monetary
Consolidated Statement of 418
274 Date Policy Direction
Financial Position
Business Prospects Prohibitions, Limitations and/
Consolidated Statement 392
and Future Strategies or Significant Obstacles to the
of Profit or Loss and Other 287 Provision of Funds Between 419
Comprehensive Income Achievement of Targets and Banks and Other Entities in a
393
Future Targets Business Groups
Consolidated Statement of
295
Cash Flows Evaluation of Long Term Plan 400 Spot and Derivative Transactions 423
Interest Rate 298 Dividen 399 Report on the Use of Additional
423
State Capital Participation
Ability to Pay Debt and Realization of the Use of Public
299 400
Collectibility in Receivables Offering Funds
Other Financial Ratios 302 Material Information Regarding
Investment, Expansion,
Earning Assets Quality Analysis 304 402
Divestment, Acquisition, or Debt
and Capital Restructuring
PT Bank Rakyat Indonesia (Persero) Tbk 7
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Business Support
Functions Overview
Human Capital
05
426
Corporate
Governance
Achievements in Implementation of
458
Performance Based Long-Term
06 788
Corporate Governance Compensation Policy
Human Capital Management
427 Objectives of Implementing GCG 459 Public Accountant 728
Framework and Strategy
Implementation of Governance in 2024 459 Internal Control System 729
Human Resources Management
428
Policy and Implementation Quality Improvement Plan for Risk Management 734
459
Governance Implementation in 2025
Recruitment 428 Compliance Function 753
Basic Application of Good Corporate
460 Anti-Money Laundering (AML)
Competency Development 429 Governance
Program, Counter-Terrorism
Career Development 432 Sustainable Implementation of Financing (CFT), and Prevention of 764
460 Financing of Proliferation of Weapons
Good Corporate Governance
Performance Assessment 436 of Mass Destruction (PFWMD)
Corporate Governance Structure 464
Legal Cases 766
Remuneration 438 Corporate Governance Mechanism 464
Administrative Sanctions Imposed on
Pension Program 439 Corporate Governance Mechanism 466 Companies, Members of the Board of
Commissioners and Directors by the 769
Human Capital Information Measurement/Testing of GCG
439 467 Capital Market Authority and Other
System Implementation Quality
Authorities
Implementation of Corporate Governance
Culture Internalization 439 Corporate Information and Data Access 769
in accordance with Financial Services 470
Information Transparency for Authority provisions Code of Conduct 774
442
Employees Implementation of Corporate Fraud .776
Governance Aspects and Principles in
Human Resources Management Accordance with the Guidelines of Whistleblowing System 778
442 476
Structure Corporate Governance Principles
for Banks Published by The Basel Anti-Corruption Programs 782
Human Capital Work Plan 2025 443 Committee in Banking Supervision Management of Assets Reports of
786
Information Technology 444 Structure, Mechanism and Governance State Providers (LHKPN)
477
Relations Provision of Funds for Social and/or
Master Plan and Information 561
444 Implementation of Good Corporate Political Activities
Technology Strategy 478
Governance Stock Buyback and Bond Buyback 787
Information Technology
446 Shareholders 478
Innovation Internal Disputes 787
General Meeting of Shareholders 479 Bank Strategic Plan 787
Information Technology
448
Infrastructure Board of Directors 786 Provision of Funds to Related Parties
788
Board of Commissioners 516 and Provision of Large Funds
Information Technology
448
Governance Transactions Containing Conflict of
Nomination and Remuneration for the 788
561 Interest
Information Technology Board of Commissioners and Directors
450
Management Structure Prevention of Insider Trading 788
Transparency of Share Ownership of
569
Directors and Board of Comissioners Transparency of Financial and Non
Information Technology Work 789
451 Financial Conditions
Plan 2025 Diversity Policy Board of
573
Commissioners and Board of Directors Procurement of Goods and Services 789
Direktorat Retail Funding &
452
Distribution Organs and Committees Under the Implementation of Sustainable Finance,
575
Board of Commissioners Including Implementation of Social and 791
Direktorat Fixed Assets Environmental Responsibility
455 Organs and Committees Under the
Management & Procurement 662
Board of Directors Implementation of Integrated
791
The Implementation of Governance Governance
in Providing Remuneration for Bad Corporate Governance Practices 805
720
Commercial Banks in Accordance with
OJK Regulation 45/POJK.03/2015
Indeks Referensi OJK
Corporate Social 808 Financial Service 811 Financial 833
Responsibility Authority (OJK) Index Statements
8 PT Bank Rakyat Indonesia (Persero) Tbk
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Company
at a Glance
MAIN PRODUCTS AND SERVICES
COMPANY SEGMENTS
Saving Loan Banking
Products Products Services
Micro
Retail
TOTAL ASET
Corporate
IDR
1,992.98
trillion
Other
Segments and
Subsidiaries
SHAREHOLDERS SUBSIDIARIES
PT Bank Raya Indonesia Tbk (Raya) 86.85%
53.19%
Government BRI Global Financial Services Co. Ltd. (BRI Global Financial Services) 100.00%
PT Asuransi BRI Life (BRI Life) 51.00%
PT BRI Multifinance Indonesia (BRI Finance) 99.88%
PT BRI Danareksa Sekuritas (BRI DS) 67.00%
PT BRI Ventura Investama (BRI Ventures) 99.97%
PT BRI Asuransi Indonesia (BRI Insurance) 90.00%
PT Pegadaian 99.99%
46.81%
Public PT Permodalan Nasional Madani (PNM) 99.99%
PT BRI Manajemen Investasi (BRI MI) 65.00%
PT Bahana Artha Ventura PT Kustodian Sentral Efek
AFFILIATE COMPANY (BAV)
15.10% Indonesia (KSEI)
5.00%
PT Pemeringkat Efek Indonesia PT Bank Syariah Indonesia Tbk.
(Pefindo)
6.78% (BSI)
15.38%
PT Bank Rakyat Indonesia (Persero) Tbk 9
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Milestones
1895-1969 1984-2011
1895 1984
On 16 December 1895, Raden Aria Wiriatmaja founded De Following the closing of Bimas program by the Government, BRI started to
PoerwokertoscheHulp en Spaarbank der Inlandsche Hoofdenin Purwokerto manage the micro business commercially, distributed through BRI Units.
as a mosque fund manager whose function was to manage and disburse
funds to the people through a simple scheme. The institution experienced
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 1992
Algemene (1912). In 1934 the name was again changed, to Algemene
Volkscredietbank (AVB). During the Japanese occupation period, AVB was According to Republic of Indonesia Government Regulation No. 21 of
known as Syomin Ginko (1942-1945). 1992, BRI changed its legal status to PT Bank Rakyat Indonesia (Persero).
1946 2003
On 22 February 1946, the Government of Indonesia, by virtue of On 10 November 2003, BRI became a Publicly listed Company by listing
Government Regulation No. 1 of 1946, changed Syomin Ginko into Bank its shares on the Jakarta Stock Exchange (now Indonesia Stock Exchange/
Rakyat Indonesia (BRI), a government owned bank with the front-line role IDX) with ticker code “BBRI.” Now BRI is part of the LQ-45 share index and
of supporting national economic development. also one of the bluechip companies on IDX.
1960 2007
The government changed BRI into Bank Koperasi Tani Nelayan (BKTN). RI acquired Bank Jasa Artha, later changed into PT Bank BRISyariah.
1968 2009
Based on Law No. 21 of 1968, the Government reestablished the name Real-time online interconnection with the whole works unit, numbering
Bank Rakyat Indonesia with a commercial bank status. 6,480 outlets at the time.
1969 2011
BRI was appointed by the Government as the only bank to disburse loan • On 11 January 2011, the Bank exercised a 1:2 ratio stock split
program Mass Assistance (Bimas) and started to establish BRI Units. • On 3 March 2011, the signing of a Deed of Acquisition of shares of
PT Bank Agroniaga Tbk between BRI and Dana Pensiun Perkebunan
(Dapenbun).
• On 16 December 2011, the signing of Instrument of Transfer, and
Bought and Sold Notes between BRI and PT Asuransi Jiwa BRIngin Jiwa
Sejahtera over the shares of BRIngin Remittance Co. Ltd. (Hong Kong).
10 PT Bank Rakyat Indonesia (Persero) Tbk
Page 13
2013-2016 2017-2018
2013 2017
BRI Hybrid Banking, the first self-service banking in Indonesia. • BRI began operating Timor Leste Overseas Unit on 14 March 2017
• On 24 February 2017 BRI officially launched Teras BRI Kapal Bahtera
Seva II and Teras BRI Kapal Bahtera Seva III to reach communities in the
coastal areas of Labuan Bajo and Halmahera Island.
• BRI Extraordinary General Meeting of Shareholders (“EGMS”) held
2014 on 18 October 2017 has approved the stock split from IDR250,- (two
hundred fifty Rupiah) per share to IDR50,- (fifty Rupiah) per share (Ratio
• BRI’s ATM network continues to increase, reaching 20,792 ATM units 1:5) and began its trading on 10 November 2017, the 14th Anniversary
and 131,204 EDC units – constituting the largest ATM and EDC network of BRI’s listing at the stock exchange.
in Indonesia.
• BRI signed the BRI Satellite (BRISat) Satellit Procurement and Launcher
Agreement with Space System/ Loral (SSL) and Arianespace on 28 April,
2014.
2018
• To enhance its customer service BRI launched Sabrina, an Artificial
Intelligence as BRI New Assistance to facilitate the customers in getting
2015 information on the Bank.
• BRI encouraged the MSME to Go Digital by launching the Indonesia
• In 2015, BRI opened Singapore Overseas Unit and acquired Mall, cooperating with the market place startups thereby providing the
PT Asuransi Jiwa Bringin Jiwa Sejahtera (Bringin Life). MSME communities the opportunities to sell their products inmwider
• On 4 August 2015, BRI launched Teras BRI Kapal to reach out to people market.
living in coastal areas that are underserved by banking services. • BRI issued the following bonds:
• BRI also inaugurated BRI Corporate University to provide comprehensive - Bank BRI Shelf Registration Bonds II Phase IV 2018 Series-A, maturity
facilities for employee education. on 21 February 2023, with nominal value of 1,837,000,000,000
shares and coupon/discount rate of 6.65%, with AAA credit rating
from Pefindo.
- Bank BRI Shelf Registration Bonds II Phase IV 2018 Series-B, maturity
2016 on 21 February 2025, with nominal value of 605,000,000,000 shares
and coupon/discount rate of 6.90%, with AAA credit rating from
Pefindo.
• BRI’s own satellite, the BRIsat, was successfully launched on June 18,
- Bank BRI Registration Bonds III 2018, maturity on 21 June 2023, with
2016, at 18:38 Kourou Time, French Guiana. BRIsat will provide the
nominal value of 500,000,000,000 shares and coupon/discount rate
supporting infrastructure for BRI’s digital services.
of 7.70%, with AA credit rating from Pefindo
• BRI acquired BTMU Finance, a multifinance company, and subsequently
• BRI has exercised three new equity investments, which are 2 (two)
changed its name to BRI Finance.
new subsidiaries, PT BRI Ventura Investama (BRI Ventures) and
• BRI inaugurated a full digital branch at Terminal 3, SoekarnoHatta
PT BRI Danareksa Sekuritas (DS), as well as investment in
Airport, and launched several programs concerning digitalization
PT Danareksa Investment Management (DIM). On these equity
for SME, such as e-Pasar, Teras BRI Digital. 1 Million Free Domain for
investments, total Subsidiaries of BRI become 8 (eight) Subsidiaries,
MSMEs, and Rumah Kreatif BUMN.
namely Sharia (BRISyariah), Conventional Bank (BRI Agro), Remittance
(BRI Remittance), Insurance (BRI Life), Multifinance (BRI Finance),
Venture Capital (BRI Ventures), Securities (BRI Danareksa Sekuritas),
and General Insurance (BRI Insurance).
• BRI also launched the BRI Institute as a manifestation of Bank BRI’s
effort in the National Capacity Building for MSMEs segment.
PT Bank Rakyat Indonesia (Persero) Tbk 11
Page 14
2019 2020
2019 2020
• BRI through its subsidiary BRI Agro launched PINANG, the First Digital BRI actively becomes the Government main partner in implementing the
Lending Banking in Indonesia. By combining digital technology, PINANG National Economic Recovery Program (NER) which have rendered positive
speeds up the application process to disbursement to less than 10 impact, not only for the debtors that mostly are MSMEs, but also to the
minutes. Applications can be made through branchless methods. Using Company. As of December 2020, the following are NER programs carried
a fast, affordable, and secure process, as well as a competitive ceiling, out by the Company:
PINANG will provide extra convenience for customers to apply for loans. 1. Distribution of MSME Loan in the framework of Accelerating National
• BRI has acquired companies engaged in General Insurance, Economic Recovery. In accordance with the target set by the
PT. Bringin Sejahtera Artha Makmur (BRINS), this acquisition is a Government of IDR45 trillion (3 times) from Placement of Government
strategic step for the company to become an integrated financial Funds;
solution that will further complement the financial services owned by 2. Lending with guarantee scheme for small and retail segments amounted
the BRI Group. to IDR8.73 trillion to more than 14 thousand Debtors;
• On March 28, 2019 BRI issued a (sustainability bond) with a nominal 3. Disbursement of MSME Loan Interest Subsidies amounted to IDR5.47
value of USD 500.000.000 (full amount) for a period of 5 years. trillion to more than 6.5 million beneficiaries;
Proceeds from the bond issuance were used to fund Eligible Projects in 4. Disbursement of Micro Business Productive Assistance (BPUM)
accordance with the Sustainability Framework. amounted to IDR18.64 trillion to more than 7.7 million micro business;
• BRI has launched its latest digital banking breakthrough to provide 5. Disbursement of KUR Super Micro amounted to IDR8.66 trillion to more
convenience and security in banking transaction services. BRI launched than 985 thousand debtors;
the BRImo application, the latest BRI Mobile application based on data 6. Disbursement of salary subsidies of IDR6.45 trillion to more than 5
with the latest UI/UX (User Interface/ User Experience) and the latest million beneficiaries
features that can be used by customers and noncustomers without
having to come to the branch office with a choice of funding sources In addition, as a recovery effort to the debtors impacted by the COVID-19,
current account, savings and Electronic Money for each of its features. as of December 2020, BRI has carried out restructuring amounted to
BRImo has various interesting advantages, such as convenience in IDR186.6 trillion to 2.8 million debtors, where 95% included as debtors
opening a BRI Britama Muda Savings account, login applications using from Micro, Consumer, Small and Medium segments.
finger print or face id recognition, checking of account transactions up • To provide customer transactions convenience during the pandemic,
to the last 1 year, the use of account aliases and access to information BRI launch the following digital innovations :
on BRI Bank promos. Until December 2019 there have been 2.96 million - Launching of BRImo New Look
BRImo users. - Launching of Pasar.id. The social distancing and Large Scale Social
• On 12 December 2019, BRI made a breakthrough innovation in its Restrictions has limited the activity in the market, resulting in
financial products and services to establish itself as a leading financial profitability declined for the traders. BRI helps the “Survival Mode”
institution in digital banking in Indonesia. The latest one, BRI launched of Traditional Market by introducing online shopping (through WA,
an online loan called CERIA. Through this launch, BRI became the first Website, Mobile Apps, or start-ups cooperation).
state-owned bank to have an online loan application. - Launching of Digital Saving. BRI launch digital account opening
• In addition to innovating through various digital banking products service through Digital Saving Platform that are accessible through
development, during 2019 BRI also continued to empower the MSMEs BRI channels or cooperating third parties. The platform uses 2
through KUR disbursement of IDR87.9 trillion to more than 4 millions technologies, namely face recognition and digital signature, hence
of them. Of the total KUR disbursed during 2019 by BRI, IDR75.7 trillion providing a branchless facility for customers.
or 86.1% were disbursed specifically for the micro segment. As such, • Launching of the Indonesian Banking Professional Certification Agency
since 2015, BRI has succeeded in disbursing KUR with a total value (BRISLP).
of IDR323.4 trillion to more than 16.6 million MSMEs communities • Launch of BRI Micro & SME Index (BMSI). The launch of BMSI is BRI’s
throughout Indonesia. concern for the activities of Indonesian MSMEs to become information.
BMSI is the first leading indicator in Indonesia to measure MSME
activities which one day will be useful for public policy.
12 PT Bank Rakyat Indonesia (Persero) Tbk
Page 15
2021-2022 2023-2024
2021 2023
• Throughout 2021, BRI successfully carried out 3 (three) major corporate • The success of BRI’s digital transformation is evident from the number
actions to support sustainable growth. These three major corporate of BRImo users, which reached 31.6 million by the end of 2023—an
actions became part of BRI’s business growth which was carried out increase of more than tenfold in just 4 (four) years. This makes BRImo
inorganically and in the value creation process. The 3 (three) corporate the most downloaded mobile banking app in Indonesia. Additionally, in
actions included: 2023, BRImo’s transaction volume saw extraordinary growth, reaching
1. Consolidation of Bank Syariah Indonesia (BSI) with an increase in the IDR4,159 trillion.
price of BRIS shares up to four times since the consolidation process.
2. Increased BRI Life valuation through partnership with FWD Financial.
3. Establishment of an Ultra Micro Holding with Pegadaian and PNM
with a total Right Issue value of IDR95.9 trillion consisting of IDR54.7
trillion in the form of government noncash participation in the form
2024
of Pegadaian and PNM shares, and IDR41.2 trillion in cash proceeds
from shareholders public. This achievement marked history as the
• BRIvolution 3.0 was officially launched as
largest right issue in the Southeast Asia region, ranked third in the a strategic step to establish BRI’s long-
right issue in Asia, and number seven worldwide.
• BRI opened its sixth overseas outlet, namely a Branch Office in Taipei,
term corporate plan, formulating its vision
Taiwan located at No. 166, Sec. 3, Nanjing East Road, Zhongshan District, as “The Most Trusted Lifetime Financial
Taipei City, Taiwan. The operation of the BRI Taipei Branch (BRITW)
started operating on Tuesday, November 30, 2021. The BRI Taipei
Partner for Sustainable Growth”.
Branch had also obtained an operational permit as a Full Retail Foreign • Bank BRI continues to be committed to
Bank Branch Office License by the Taiwanese authorities. With this
license, BRI Taipei Branch could provide Savings, Loans, Remittances,
encouraging the people’s economy by
Trade Finance, and Treasury services to customers in Taiwan. serving and empowering UMKM through
Ultra Micro Holding (UMi). Since 3 years
from it was founded, UMi has served 35.9
2022 million customers, including 1,032 co-
locations spread throughout Indonesia.
• In 2022 BRI continued to develop its business in a number of ways:
1. Acquiring Danareksa Investment Management to continue making
the BRI Group a one-stop financial solution for the people of
Indonesia.
2. Launching the Qlola by BRI product as an Integrated Corporate
Solution Platform with just a single sign on login.
3. Being more consistent in supporting Indonesia’s financial inclusion
through:
• BRILink agents reached 627 thousand agents and are spread over >58
thousand villages or cover >77% of villages in Indonesia.
• Super Apps BRImo which already had 23.85 million users and made
BRImo the banking app with 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.
PT Bank Rakyat Indonesia (Persero) Tbk 13
Page 16
Our
Best Contribution
Holding Ultra Micro (UMi) is a synergy between
BRI as the parent company together with Pegadaian and
Permodalan Nasional Madani (PNM) to provide complete,
PROMOTING PEOPLE’S integrated financial service access and meet the
needs of business actors, especially
ECONOMY BY SERVING in the Ultra Micro (UMi) segment.
AND EMPOWERING
MSMES
35.9 million 183 million
Loan customer Savings Account
1,032
total Co-Location SenyuM
BRILian Village is a village economic development PARI (Pasar Rakyat Indonesia)
program according to specific potential, is an integrated platform that
such as tourist villages, craft villages, provides convenience for MSME
agricultural villages and so on. entrepreneurs in the commodity-
based ecosystem.
4,327 BRILian Villages 103 thousand users
located throughout Indonesia applications throughout Indonesia
as of December 31, 2024
14 PT Bank Rakyat Indonesia (Persero) Tbk
Page 17
Micro Business Loan (KUR) is a Government
program to increase access to financing UMKM
with a guarantee scheme and interest subside
by the Government which is distributed 100%
IDR
184,98 trillion 4 million
using the funding sources of the channeling KUR distribution MSME Entrepreneurs
financial institution.
AgenBRILink is an expansion
of BRI services where
BRI collaborates with
BRI customers as agents/
partners who can serve
banking transactions for the
public in real-time online
with a sharing fee concept.
>1 million IDR1,589 trillion
BRILink Agent Transaction Volume
Has reached 67 thousand villages or covers
>80% of the total villages throughout Indonesia
Empowerment program An online platform that aims to A collaborative forum for
based on business similarities track and monitor Indonesian BUMN in forming a digital
in business clusters/groups. MSMEs to move up a class economy ecosystem through
through a series of integrated fostering MSMEs.
empowerment programs.
38,574 54 BUMN House
8.9 million user >14 thousand
Business MSME links throughout Indonesia
training sessions
>433 thousand
Clusters UMKM entrepreneurs
PT Bank Rakyat Indonesia (Persero) Tbk 15
Page 18
Performance Highlights 16 PT Bank Rakyat Indonesia (Persero) Tbk
Page 19
“In 2024, BRI showed good performance growth. BRI’s performance also received recognition and appreciation from external parties by receiving more than 270 awards on a national and international scale.” PT Bank Rakyat Indonesia (Persero) Tbk 17
Page 20
Performance
Highlights
Important Performance Achievement
in 2024
FINANCIAL PERFORMANCE
HIGHLIGHTS 2024 - CONSOLIDATION
ASSET TOTAL LOAN THIRD PARTY FUNDS
IDR
1,992.98 trillion
IDR
1,354.64 trillion 1,365.45
IDR
trillion
CASA COMPOSITION MSME LOAN PROFIT
67.30% IDR
1,110.37 trillion
IDR
60.64 trillion
MSMEs loan composition was 81.97%
18 PT Bank Rakyat Indonesia (Persero) Tbk
Page 21
2024 Annual Report
LOAN COMPOSITION in trillion
MICRO LOAN SME
from from
IDR
627,48 46.32% Total Loan
IDR
273,79 20.21% Total Loan
CONSUMER LOAN CORPORATE
from from
IDR
209,09 15.44% Total Loan
IDR
244,27 18.03% Total Loan
FINANCIAL RATIO
CAR 26,63% LDR 88,85%
(Consolidated LDR is only calculated from Bank BRI and Raya)
NPL 2,78% NPL COVERAGE 215,01%
PT Bank Rakyat Indonesia (Persero) Tbk 19
Page 22
Performance
Highlights
Important
Financial Data Summary
Financial Summary and Financial Ratio
Table of Financial Highlight and Financial Ratios (in IDR millions)
Description 2024 2023 2022 2021 2020*)
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
ASSETS
Cash 29,783,642 31,603,784 27,407,478 26,299,973 32,274,988
Current accounts with Bank Indonesia 88,878,969 101,909,121 150,935,150 56,426,573 51,530,969
Current accounts with Other Banks - net 83,448,015 87,545,335 91,869,777 73,012,684 80,005,759
Securities, Export Bills, Reverse Repo and Other
382,903,830 416,411,206 418,732,147 455,174,902 400,022,060
Receivables
Loans, Sharia Receivables, and Financing 1,354,640,779 1,266,429,247 1,139,077,065 1,042,867,453 1,020,192,968
Allowance for Loans Provided, Sharia
(81,063,511) (85,501,888) (93,087,981) (87,829,417) (70,394,653)
Receivables, and Financing
Derivative Receivables - net 1,087,048 911,683 911,405 730,083 1,576,659
Acceptances Receivables - net 9,783,690 9,967,710 7,031,064 9,066,005 6,271,176
Allowance for impairment losses - net 8,076,567 7,305,491 6,506,903 6,071,727 1,500,329
Fixed assets - net 62,477,965 59,678,119 55,216,047 47,970,187 43,706,632
Fixed assets - net 12,867,477 15,605,462 18,712,994 16,284,898 9,885,990
Other Assets - net 40,098,976 53,141,760 42,326,961 32,022,666 33,492,467
TOTAL ASSETS 1,992,983,447 1,965,007,030 1,865,639,010 1,678,097,734 1,610,065,344
LIABILITIES, TEMPORARY SYIRKAH FUNDS AND EQUITY
LIABILITIES
Deposits from Customers**) 1,365,450,104 1,358,328,761 1,307,884,013 1,138,743,215 1,121,102,149
Giro Current Account 374,554,340 346,124,372 349,755,590 220,590,197 193,077,994
Saving 544,426,947 527,945,550 522,647,920 497,676,739 475,848,207
Saving Deposits 446,468,817 484,258,839 435,480,503 420,476,279 452,175,948
Current Liabilities 36,821,661 30,651,807 24,910,579 18,735,387 15,473,574
Deposits from Other Banks 14,679,482 11,958,319 9,334,547 13,329,434 23,785,997
Securities Sold under Agreement to Repurchase 25,043,717 19,079,458 9,997,592 29,408,508 40,478,672
Fund Borrowings 127,879,804 98,850,813 79,371,200 68,458,547 72,164,236
Marketable Securities Issued 32,502,499 49,637,581 63,611,761 55,306,697 57,757,028
Other Liabilities 67,417,133 80,028,149 67,134,001 62,329,142 50,017,029
TOTAL LIABILITIES 1,669,794,400 1,648,534,888 1,562,243,693 1,386,310,930 1,311,893,252
20 PT Bank Rakyat Indonesia (Persero) Tbk
Page 23
2024 Annual Report
Description 2024 2023 2022 2021 2020*)
EQUITY
Capital Stock 7,577,950 7,577,950 7,577,950 7,577,950 6,167,291
Additional paid-in-capital 75,880,223 75,853,127 75,637,083 76,242,898 3,411,813
Surplus revaluation of fixed asstes – net 20,222,379 20,216,505 20,267,952 17,006,230 17,099,207
Exchange rate differences arising from translation
(204,632) (253,744) (127,954) (115,975) (54,749)
of financial statement in foreign currencies
Provision for bonus shares compensation 452,031 287,482 210,266 210,266 1,228,805
Unrealized gains / (loss) on securities classified
as fair value through other comprehensive (2,196,060) (2,221,745) (4,464,483) 1,949,387 4,623,064
income - net
Allowance for impairment losses on fair value
51,931 128,230 139,978 547,026 975,877
through other comprehensive income securities
Benefits (or loss) of re-measurement of reward
(505,787) (2,134,699) (689,473) (1,423,685) (1,469,726)
programs Pasti - Bersih
Recoverable capital stock (treasury stocks) (4,349,007) (3,614,321) (2,202,178) (45,997) (1,649,076)
Stock Option 313,404 54,769 16,356 19,255 72,894
Impact of transaction with non-controlling
1,758,580 1,758,580 1,758,580 1,758,580 -
interest
Merging entity equity - - 29,538,484
Total Retained Earnings 218,092,826 213,711,422 201,169,934 185,009,048 166,972,167
Appropriated 3,022,685 3,022,685 3,022,685 3,022,685 3,022,685
Unappropriated 215,070,141 210,688,737 198,147,249 181,986,363 163,949,482
Total Equity Attributable to Equity Holders
317,093,838 311,363,556 299,294,011 288,734,983 226,916,051
of the Parent Entity
Non-controlling Interest 6,095,209 5,108,586 4,101,306 3,051,821 2,550,831
TOTAL EQUITY 323,189,047 316,472,142 303,395,317 291,786,804 229,446,882
TOTAL LIABILITIES AND EQUITY 1,992,983,447 1,965,007,030 1,865,639,010 1,678,097,734 1,610,065,344
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
INCOME AND EXPENSES FROM OPERATION
Total Interest and Sharia Income 199,266,252 181,214,528 151,874,816 143,523,329 135,764,561
Total Beban Bunga dan Syariah (57,209,062) (43,812,507) (27,277,743) (29,428,900) (42,180,448)
Total Interest and Sharia Income - net 142,057,190 137,402,021 124,597,073 114,094,429 93,584,113
Premium income – net 3,250,480 2,161,392 1,577,323 1,043,075 878,710
Gold sales revenue – net***) 703,197 319,644 299,151 - -
PT Bank Rakyat Indonesia (Persero) Tbk 21
Page 24
Performance
Highlights
Description 2024 2023 2022 2021 2020*)
Other Operating Income 53,857,740 43,407,251 39,127,694 41,215,807 38,099,755
Provision for allowance for impairment losses on
(41,757,637) (29,523,426) (27,384,906) (35,806,312) (33,024,492)
financial assets – net
Reversal of (provision for) allowance for
estimated losses on commitments and 3,596,482 341,994 543,145 (3,321,266) (2,157,162)
contingencies - net
Provision for allowance for impairment losses
(13,008) (497,848) (137,431) (163,243) (98,374)
nonfinancial assets - net
Other operating expenses (83,116,426) (76,782,291) (74,316,012) (75,918,108) (67,503,849)
OPERATING INCOME 78,578,018 76,828,737 64,306,037 41,144,382 29,778,701
NON OPERATING (EX-PENSE) INCOME – NET (978,908) (399,025) 290,664 (152,317) 214,705
INCOME BEFORE TAX EX-PENSE 77,599,110 76,429,712 64,596,701 40,992,065 29,993,406
TAX EXPENSE (16,955,302) (16,004,664) (13,188,494) (7,835,608) (8,951,971)
INCOME BEFORE NET PRO FORMA INCOME
ARISING FROM ACQUISITION TRANSACTION 60,643,808 60,425,048 51,408,207 33,156,457 21,041,435
WITH EN-TITIES UNDER COMMON CONTROL
PRO FORMA NET INCOME ARISING FROM
ACQUISI-TION TRANSACTION WITH ENTITIES - - - (2,400,691) (2,381,042)
UNDER COM-MON CONTROL
NET INCOME 60,643,808 60,425,048 51,408,207 30,755,766 18,660,393
Other comprehensive income:
Accounts that will not be reclassified to profit
or loss
Remeasurement of liabili-ties for employee
2,001,031 (1,787,840) 902,754 487,841 (2,473,364)
bene-fits
Income taxes related to items not to be
(376,095) 348,975 (176,671) (67,751) 464,563
reclassi-fied to profit or loss
Fixed assets revaluation surplus 9,670 (82,365) 3,297,304 (92,127) 81,910
Items to be reclassified to profit or loss
Exchange rate differ-ences arising from the
translation of financial statement in foreign 49,112 (125,790) (11,979) (61,226) (39,780)
cur-rencies
Unrealized gain (loss) on securities and
Govern-ment Recapitalization Bonds
(145,799) 1,782,067 (7,946,514) (3,143,546) 4,633,558
classified as fair value through other
comprehensive income
Allowance for impair-ment losses on
securities classified as fair value through ither (86,410) (9,105) (413,197) (425,090) 868,462
compre-hensive income
Unrealized gain (loss) on securities and
Govern-ment Recapitalization Bonds available
for sale
Income taxes related to items to be
36,285 502,669 1,509,279 478,796 (698,690)
reclassified to profit or loss
Other Comprehensive Income for the Year-
1,487,794 628,611 (2,839,024) (2,823,103) 2,836,659
After Tax
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR BEFORE PRO FORMA
COMPREHENSIVE INCOME ARISING 62,131,602 61,053,659 48,569,183 30,333,354 23,878,094
FROM ACQUISITION TRANSACTION WITH
ENTITIES UNDER COMMON CONTROL
22 PT Bank Rakyat Indonesia (Persero) Tbk
Page 25
2024 Annual Report
Description 2024 2023 2022 2021 2020*)
PRO FORMA COMPREHENSIVE INCOME
ARISING FROM ACQUISITION TRANSACTION - - - (2,776,220) (2,120,315)
WITH ENTITIES UNDER COMMON CONTROL
TOTAL COMPREHENSIVE INCOME FOR THE
62,131,602 61,053,659 48,569,183 27,557,134 21,757,779
YEAR
INCOME FOR THE YEAR ATTRIBUTABLE TO:
Equity holders of the parent entity 60,154,887 60,099,863 51,170,312 31,066,592 18,654,753
Non-controlling interest 488,921 325,185 237,895 (310,826) 5,640
TOTAL 60,643,808 60,425,048 51,408,207 30,755,766 18,660,393
TOTAL COMPREHENSIVE INCOME FOR THE
YEAR ATTRIBUTABLE TO:
Equity holders of the parent entity 61,788,171 60,708,390 48,333,349 27,855,902 21,727,515
Non-controlling interest 343,431 345,269 235,834 (298,768) 30,264
TOTAL 62,131,602 61,053,659 48,569,183 27,557,134 21,757,779
EARNINGS PER SHARE ATTRIBUTABLE TO
EQUI-TY HOLDERS OF THE PAR-ENT ENTITY
(in full Rupiah)
Basic 399 398 338 238 152
Dilusian 399 398 338 238 151
CONSOLIDATED STATEMENT OF CASH FLOWS
CASH FLOWS FROM OPERATING ACTIVITIES
Income received
Interest and investment income 191,363,148 171,287,312 130,501,831 136,283,648 125,439,096
Sharia income 13,891,084 12,922,019 10,118,043 6,257,927 6,853,944
Premium income 8,760,610 8,996,516 8,936,995 6,989,783 6,205,775
Income from Gold sales 18,192,082 7,982,888 8,715,106 - -
Expense paid
Interest expense (56,282,443) (42,461,798) (25,762,613) (28,533,680) (39,883,405)
Sharia expense (993,686) (1,161,971) (1,008,042) (1,293,103) (2,297,043)
Claim expense (5,547,858) (6,549,595) (7,359,672) (5,946,708) (5,327,065)
Expenses for the cost of goods sold for gold (17,488,885) (7,663,244) (7,875,955) - -
Recovery of written-off assets 25,363,951 16,833,578 12,468,321 9,005,760 7,252,17
Other operating income 27,775,215 27,049,409 27,534,502 34,345,472 31,580,969
Other operating expense (84,973,178) (75,776,851) (70,993,349) (73,658,162) (63,609,646)
Non-operating expense – net (1,108,735) (568,000) (52,531) (203,971) 179,491
Payment of corporate in-come tax (13,742,335) (14,279,292) (15,762,408) (11,164,431) (5,936,444)
Cash flows before changes in operating assets
105,208,970 96,610,971 68,920,228 72,082,535 60,457,843
and liabilities
PT Bank Rakyat Indonesia (Persero) Tbk 23
Page 26
Performance
Highlights
Description 2024 2023 2022 2021 2020*)
Changes in operating assets and liabilities
Decrease (increase) in operating assets:
Placement with Bank Indonesia and Other
1,273,810 (505,646) (195,110) 945,891 264,550
Financial Institutions
Securities measured at fair value through
(976,001) (1,277,298) (2,114,619) 9,164,531 (12,440,166)
profit or loss
Export bills and other receivables 13,473,275 (15,015,682) (9,403,150) (2,091,221) 6,744,495
Securities purchases under agreement to
16,749,541 17,419,447 3,900,820 (8,096,930) (24,236,324)
resell
Loans (127,686,861) (151,950,901) (106,917,972) (68,377,027) (80,715,775)
Sharia Loans (4,133,183) (8,019,4,99) (1,354,828) 39,905,977 (23,299,281)
Financing Receivables 1,479,857 (1,213,941) (9,996,487) (11,951,573) (23,148,260)
Other assets 1,562,240 (15,982,596) (2,941,947) 1,422,631 23,311,739
Increase (decrease) in operating liabilities:
Current liabilities 6,169,854 5,741,228 6,175,192 3,261,813 7,924,262
Deposits
Current Account 28,429,968 (3,631,218) 129,165,393 35,741,846 16,022,216
Wadiah Current Account - - - (6,258,078) 4,237,212
Mudharabah Current Account - - - - -
Savings 16,481,397 5,297,630 24,971,180 37,005,372 55,315,884
Wadiah Saving - - - (9,247,604) 2,295,916
Mudharabah Sav-ing - - - - -
Time Deposit (37,790,022) 48,778,336 15,004,224 (5,923,271) 13,175,897
Mudharabah Time Deposit - - - - -
Depositf from other banks and other
2,721,163 2,623,772 (3,994,882) (10,456,563) 5,816,168
financial institutions
Derivative payable - - - (208,079) 223,169
Securities sold under agreement to
5,964,259 9,081,866 (19,410,916) (11,070,164) (9,424,266)
repur-chase
Other liabilities (4,645,149) 7,072,077 5,698,879 235,264 (1,398,837)
Increase (decrease) temporary syirkah fund - (33,496,976) 8,678,142
Net cash provided by operating activities 24,283,108 (4,971,454) 97,506,005 32,588,374 29,804,584
CASH FLOWS FROM INVESTING ACTIVITIES
Sales from premises and equipments 129,827 168,975 343,195 51,654 35,214
Stock participation (4,912) 36,137 (145,649) (315,724) (284,347)
Dividend income 137,035 75,572 144,069 4,349 5,530
Acquisition of fixed assets (10,334,588) (8,177,296) (10,538,233) (8,254,116) (4,375,066)
(Increase) securities and Government
Recapitalisation Bonds classified as fair value
9,884,449 2,907,520 37,424,578 (64,581,768) (111,830,687)
through other comprehensive income and
amortized cost
24 PT Bank Rakyat Indonesia (Persero) Tbk
Page 27
2024 Annual Report
Description 2024 2023 2022 2021 2020*)
Net cash provided by/(used in) investing
(188,199) (4,989,092) 27,227,960 (73,095,605) (116,449,356)
activities
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from/(payments of) borrowing 42,489,276 31,573,410 11,068,534 (4,229,199) 41,131,054
Repurchased shares (875,758) (1,382,284) (2,187,544) - -
Distribution of dividend income (48,102,283) (43,494,766) (26,406,603) (12,125,589) (20,623,565)
Receipts from subordinated loans - 494,142 - - -
Payment of subordinated loans - (500,000) - - -
Receipts from securities issued 10,905,923 14,112,994 21,739,525 12,547,672 12,619,200
Payments of securities due (28,578,477) (28,141,850) (14,650,023) (14,608,236) (11,245,300)
Additional capital - - - 41,059,206 -
Net cash provided by/(used in) financing
(37,462,031) (39,551,225) (10,436,111) 22,643,854 21,881,389
activities
NET INCREASE (DE-CREASE) IN CASH AND
(13,367,112) (49,511,771) 114,297,854 (17,863,377) (64,763,383)
CASH EQUIVALENT
EFFECT OF EXCHANGE RATE CHANGES ON
17,758 (2,663) (30,287) (2,190) (352,878)
FOR-EIGN CURRENCIES
CASH AND CASH EQUIVA-LENTS AT
218,677,734 268,192,168 153,924,601 171,790,168 236,906,429
BEGINNING OF THE YEAR
CASH AND CASH EQUIVA-LENTS AT THE END
205,328,380 218,677,734 268,192,168 153,924,601 171,790,168
OF THE YEAR
Cash and cash equivalents at the end of the
period consist of:
Cash 29,783,642 31,603,784 27,407,478 26,299,973 32,274,988
Current accounts with Bank Indonesia 88,878,969 101,909,121 150,935,150 56,426,573 51,530,969
Current accounts with Other Banks 25,582,825 22,331,919 21,488,434 14,065,097 12,614,266
Placement with Bank Indonesia and other
financial institutions – maturing within three 56,601,825 62,678,940 68,361,106 57,132,958 65,043,738
months or less since the acquisition date
Certificates of Bank Indonesia and Deposits
Certifi-cates of Bank Indonesia – maturing within 4,481,119 153,970 - - 10,674,207
three months or less since the acquisition date
Total Cash and Cash Equivalent 205,328,380 218,677,734 268,192,168 153,924,601 171,790,168
RASIO KEUANGAN (BANK ONLY)
Liquidity
LDR 89.39% 84.73% 79.17% 83.67% 83.66%
CASA 67.30% 64.34% 66.70% 63.08% 61.00%
Loan Quality
NPL Gross 2.94% 3.12% 2.82% 3.08% 2.94%
NPL Nett 0.75% 0.76% 0.73% 0.70% 0.80%
NPL Coverage 199.43% 215.27% 291.54% 278.14% 247.98%
PT Bank Rakyat Indonesia (Persero) Tbk 25
Page 28
Performance
Highlights
Description 2024 2023 2022 2021 2020*)
Profitability
NIM 6.47% 6.84% 6.80% 6.89% 6.00%
ROA 3.76% 3.93% 3.76% 2.72% 1.98%
ROE – Tier I 22.91% 22.94% 20.93% 16.87% 11.05%
Profit (Loss) to Income Ratio 25.42% 28.03% 29.50% 21.19% 13.27%
Efficiency
BOPO 67.64% 64.35% 64.20% 74.30% 81.22%
CER 37.98% 38.32% 41.33% 44.39% 46.60%
Solvability
Liability to Total Assets Ratio 83.73% 83.72% 83.23% 81.79% 86.33%
Liabiltiies to Equity Ratio 514.75% 514.34% 496.34% 449.11% 631.52%
Earning Assets
Earning Assets and Non-Performing Non-Earning
1.91% 1.95% 1.72% 1.77% 1.82%
to Total Earning Assets and Non-Earning Assets
Non-Performing Earning Assets to Total Earning
1.91% 1.95% 1.72% 1.77% 1.81%
Assets
Allowance for Impairment Losses on Financial
4.48% 5.24% 6.11% 6.16% 5.42%
Assets to Earning Assets
Capital
Minimum Capital Adequacy Ratio 24.41% 25.23% 23.30% 25.28% 20.61%
Capital Adequacy Ratio Tier 1 23.28% 24.06% 22.30% 24.27% 19.59%
Compliance
Percentage of Legal Lend-ing Limit Violation
- Related Parties Nihil Nihil Nihil Nihil Nihil
- Non-related Parties Nihil Nihil Nihil Nihil Nihil
Percentage of Lending in Excess of Legal
Lending Limit
- Related Parties Nihil Nihil Nihil Nihil Nihil
- Non-related Parties Nihil Nihil Nihil Nihil Nihil
Reserve Requirement – Rupiah 5.39% 8.05% 12.11% 4.47% 3.19%
Reserve Requirement – Foreign Currency 4.69% 4.22% 4.24% 4.13% 4.01%
Net Open Position 2.42% 0.62% 0.85% 0.81% 1.07%
Other Ratio
Cost to Revenue Ratio (Consolidated) 36.97% 37.74% 41.95% 43.26% 45.40%
*) Restated regarding the implementation of Statement of Fianncial Accounting Standards No. 38
**) including mudharabah and musyarakah savings
***) Recognition of gold sales originating from PT Pegadaian is recognized since Pegadaian’s profit and loss is fully consolidated in 2022
26 PT Bank Rakyat Indonesia (Persero) Tbk
Page 29
2024 Annual Report
Operational Overview
The table of Operating Performance of Micro Segment (Bank only)
Description 2024 2023 2022 2021 2020
MICRO BUSINESS
Third-party funds (in billions of rupiah) 382,926 373,474 367,657 356,268 335,422
Loans (in billion of rupiah) 491,220 496,554 449,627 396,959 351,352
AgenBRILink (in full amount) 1,064,219 740,818 627,012 503,151 504,233
Retail Segment Operating Performance Table (Bank only) (in IDR Billion)
Description 2024 2023 2022 2021 2020
Small and Medium Business Loans 267,145 260,348 237,834 225,013 217,219
Consumer Credit Business Loans 203,243 182,355 161,722 149,306 143,680
Third-party funds 509,274 488,122 469,090 429,701 410,298
Corporate Segment Operating Performance Table (Bank only) (In IDR Billion)
Description 2024 2023 2022 2021 2020
Corporate Business Loans 254,240 206,824 180,620 172,425 168,434
Third-party funds 467,934 491,087 464,028 341,879 306,943
Subsidiary Segment Operating Performance Table (In IDR Billion)
Description 2024 2023 2022 2021 2020
PT Bank Raya Indonesia Tbk (Raya)
Assets 13,158.24 12,492.37 13,949.38 16,927.20 27,966.39
Revenue 1,596.43 1,307.16 1,642.67 1,774.06 2,002.72
Net Profit 50.27 24.71 10.08 (3,061.36) (66.92)
BRI Global Financial Services Co. Ltd
Assets 42.14 24.23 17.98 13.09 8.48
Revenue 29.47 20.42 14.22 10.16 8.74
Net Profit 8.42 4.24 2.75 1.89 0.62
PT Asuransi BRI Life
Assets 26,520.61 23,678.04 21,627.64 18,334.91 13,042.45
Revenue 9,882.49 8,940.41 8,971.24 7,282.29 5,889.76
Net Profit 773.24 538.75 360.46 170.88 6.94
PT Bank Rakyat Indonesia (Persero) Tbk 27
Page 30
Performance
Highlights
Description 2024 2023 2022 2021 2020
PT BRI Multifinance Indonesia
Assets 7,689.46 9,057.07 7,321.87 5,246.04 4,055.88
Revenue 1,409.29 1,236.43 974.12 65,501.95 493.28
Net Profit 103.36 102.85 83.36 41.50 (27.47)
PT BRI Danareksa Sekuritas
Assets 1,089.79 1,059.17 1,648.17 1,143.64 1,095.48
Revenue 361.55 308.78 351.57 281.27 136.00
Net Profit 9.12 70.52 72.97 92.87 (224.51)
PT BRI Ventura Investama
Assets 2,471.12 2,672.05 2,176.79 2,047.89 1,822.75
Revenue 99.48 43.69 148.81 255.74 331.52
Net Profit (89.44) 4.36 39.63 221.74 304.39
PT BRI Asuransi Indonesia
Assets 7,721.02 6,465.61 4,891.25 3,838.16 3,048.87
Revenue 2,035.86 1,729.65 1,387.57 1,984.00 1,749.00
Net Profit 702.96 479.37 373.10 289.95 173.88
PT Permodalan Nasional Madani
Assets 55,348.06 51,106.91 46,744.76 43,797.91 31,664.89
Revenue 16,700.55 15,375.03 12,838.44 8,292.78 5,776.26
Net Profit 1,496.19 1,686.04 945.42 845.13 358.59
PT Pegadaian
Assets 102,172.44 82,151.80 72,920.62 65,156.47 71,469.00
Revenue 20,469.22 24,438.65 14,991.62 14,361.71 15,134.54
Net Profit 5,851.79 4,377.49 3,337.75 2,427.38 2,022.00
PT Danareksa Investment Management
Assets 313.09 288.82 276.52 279.91 -
Revenue 248.92 172.91 11.95 158.27 -
Net Profit 29.46 18.16 6.27 40.37 -
28 PT Bank Rakyat Indonesia (Persero) Tbk
Page 31
2024 Annual Report
Stock
Information
BRI Stock Information Table 2023-2024
Price per stock (IDR)
Number of Stocks Market
Trading Volume
Years Outstanding Capitalization
Opening The Highest The Lowest Closing (Stock)
(Stock) (IDR Trillion)
(IDR) (IDR) (IDR) (IDR)
2023
1st Quarter 4,940 4,900 4,380 4,730 151,559,001,604 8,714,928,828 716.87
2 Quarter
nd
4,730 5,600 4,800 5,425 151,559,001,604 6,896,127,336 822.21
3 Quarter
rd
5,425 5,700 5,200 5,225 151,559,001,604 6,702,353,028 791.90
4 Quarter
th
5,225 5,725 4,830 5,725 151,559,001,604 8,197,255,416 867.68
2024
1st Quarter 5,675 6,400 5,425 6,050 151,559,001,604 7,920,442,300 916.93
2nd Quarter 6,050 5,925 4,100 4,600 151,559,001,604 18,761,734,000 697.17
3 Quarter
rd
4,600 5,525 4,530 4,950 151,559,001,604 15,394,401,700 750.22
4 Quarter
th
4,950 5,075 4,060 4,080 151,559,001,604 15,441,502,300 618.36
BRI Stock Closing Price Chart for 2023-2024
7,000
6,050
5,725 6,000
5,425
5,225
4,950
Stock Closing Price (IDR)
4,730 5,000
4,600
4,080
4,000
3,000
2,000
1,000
0
2023 2024
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
PT Bank Rakyat Indonesia (Persero) Tbk 29
Page 32
Performance
Highlights
BRI Stock Trading Volume Chart in 2023-2024
20,000,000,000
18,000,000,000
16,000,000,000
14,000,000,000
12,000,000,000
Stock Sheet
10,000,000,000
8,000,000,000
18,761,734,000
15,394,401,700
15,441,502,300
6,000,000,000
8,714,928,828
6,896,127,336
6,702,353,028
8,197,255,416
7,920,442,300
4,000,000,000
2,000,000,000
0
2023 2024
Quarter I Quarter II Quarter III Quarter IV Quarter I Quarter II Quarter III Quarter IV
Corporate Action
In 2024, BRI did not conduct any Corporate Actions related to activities that affect the number of outstanding stocks, including stock
splits, mergers, dividends, bonus stock, and changes in the nominal value of stocks.
Suspension and/or Delisting Actions
December 31, 2024, BRI has never been subject to suspension and/or delisting sanctions.
30 PT Bank Rakyat Indonesia (Persero) Tbk
Page 33
2024 Annual Report PT Bank Rakyat Indonesia (Persero) Tbk 31
Page 34
Performance
Highlights
Information on Bonds, Sukuk,
and/or Convertible Bonds
Bond Information
Table of Outstanding Bond Information
Electronic
Bonds Total
No. Description distribution date of Tenor Currency
(million)
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 III Year 2017
3. August 24, 2017 7 years IDR IDR2,517,000
Series C
Sustainable Bonds II Bank BRI Phase IV Year 2018
4. February 21, 2018 7 years IDR IDR605,000
Series B
Sustainable Bonds III Bank BRI Phase I Year 2019
5. November 07, 2019 5 years IDR IDR2,172,800
Series C
6. Sustainable Bond 2019 March 28, 2019 5 years USD USD500
Sustainable Environmental Bonds I Bank BRI Phase I
7. July 20, 2022 3 years IDR IDR2,000,000
Year 2022 Series B
Sustainable Environmental Bonds I Bank BRI Phase I
8. July 20, 2022 5 years IDR IDR500,000
Year 2022 Series C
9. Bank BRI Subordinated Bond IV Year 2023 July 06, 2023 5 years IDR IDR500,000
Sustainable Environmental Bonds I Bank BRI Phase II
10. October 17, 2023 1 years IDR IDR1,345,650
Year 2023 Series A
Sustainable Environmental Bonds I Bank BRI Phase II
11. October 17, 2023 2 years IDR IDR4,154,350
Year 2023 Series B
Sustainable Environmental Bonds I Bank BRI Phase II
12. October 17, 2023 3 years IDR IDR500,000
Year 2023 Series C
Sustainable Environmental Bonds I Bank BRI Phase III
13. March 20, 2024 1 years IDR IDR1,237,665
Year 2024 Series A
Sustainable Environmental Bonds I Bank BRI Phase III
14. March 20, 2024 2 years IDR IDR879,430
Year 2024 Series B
Sustainable Environmental Bonds I Bank BRI Phase III
15. March 20, 2024 3 years IDR IDR382,905
Year 2024 Series C
Sukuk Information
December 31, 2024, BRI has not issued sukuk.
32 PT Bank Rakyat Indonesia (Persero) Tbk
Page 35
2024 Annual Report
Rating
Rate of Status of
Offer Price Due Date Trustee
Interest Payment
2024 2023
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
August 24, 2024 8.25% 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% Not Paid Off AAA by Pefindo AAA by Pefindo
amount of the bond id id Indonesia
100% of the principal Bank Negara
November 07, 2024 7.85% Paid off AAA by Pefindo AAA by Pefindo
amount of the bond id id Indonesia
99,713% of the “BBB- by Fitch “BBB- by Fitch
principal amount of March 28, 2024 3.950% Paid off Rating Baa2 by Rating Baa2 by BNY Mellon
the bond Moodys” Moodys”
100% of the principal Bank Negara
July 10, 2025 5.75% Not 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 27, 2024 6.10% Paid off AAA by Pefindo AAA by Pefindo
amount of the bond id id Negara
100% of the principal Bank Tabungan
October 17, 2025 6.35% Not 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% Not 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
Convertible Bonds
As of December 31, 2024, BRI has not issued any convertible bonds.
PT Bank Rakyat Indonesia (Persero) Tbk 33
Page 36
Performance
Highlights
Other
Funding Sources
The information table of Medium Term Notes (MTN) that are still in circulating
MTN Electronic
No. Description distribution date
Tenor Currency
1. MTN Bank BRI 2022 Series A November 24,2022 2 years IDR
2. MTN Bank BRI 2022 Series B November 24,2022 3 years IDR
The table of Information on Circulating Long Term Notes (LTN)
LTN Electronic
No. Description distribution date
Tenor Currency
Long Term Notes was Issued Without a Public Offering
1. December 27, 2022 162 months IDR
PT Bank Rakyat Indonesia (Persero) Tbk I 2022
Long Term Notes was Issued Without a Public Offering
2. October 25, 2023 159 months IDR
PT Bank Rakyat Indonesia (Persero) Tbk III 2023
Long Term Notes was Issued Without a Public Offering
3. March 26, 2024 155 months IDR
PT Bank Rakyat Indonesia (Persero) Tbk III 2024
The Company Rating
in 2024
Rating of Agency Rating
STANDARD & POOR’S (S&P)
Issuer Credit Rating BBB/Stable/A-2
Stand-Alone Credit Profile (SACP) bbb-
Outlook Stable
FITCH RATINGS
Long Term Rating BBB
Short Term Rating F2
Viability Rating bbb-
Government Support Rating bbb
National Long-Term Rating AAA
National Short-Term Rating F1+
34 PT Bank Rakyat Indonesia (Persero) Tbk
Page 37
2024 Annual Report
MTN total Offer Due Rate Status
(Million) Price Date of Interest of Payment
IDR2,000,000 100% of the total principal amount of MTN November 24, 2024 6.60% Paid Off
IDR3,000,000 100% of the total principal amount of MTN November 24, 2025 6.68% Not Paid Off
LTN total Offer Due Rate Status
(Million) Price Date of Interest of Payment
IDR52,332 100% of the total principal amount of LTN June 27, 2036 0.55% Not Paid Off
IDR59,485 100% of the total principal amount of LTN January 25, 2037 0.55% Not Paid Off
IDR54,995 100% of the total principal amount of LTN February 26, 2037 0.55% Not Paid Off
Rating of Agency Rating
Sovereign Risk BBB
Outlook Stable
MOODY’S
Counterparty Risk Rating Baa1/P-2
Bank Deposits Baa2/P-2
Baseline Credit Assessment Baa2
Adjusted Baseline Credit Assessment Baa2
Counterparty Risk Assessment Baa1(cr)/P-2 (cr)
Outlook Stable
PT PEMERINGKAT EFEK INDONESIA (PEFINDO)
Final Rating (National Rating) AAA, Stable Outlook
id
Stand Alone Rating AA+(sa)
d
PT Bank Rakyat Indonesia (Persero) Tbk 35
Page 38
Performance
Highlights
The Important
Events
January 10, 2024 January 15, 2024 January 18, 2024
BRI held the Nugraha Karya Desa BRILian to BRI President Director Sunarso also participated BRI distributed interim dividends of IDR12.7
appreciate villages that are moving forward to in the 2024 World Economic Forum (WEF) which trillion, of which IDR6.8 trillion was received by
encourage the people’s economy through the took place in Davos, Switzerland, on January the government as the majority shareholder.
BRILian Village Program 15-19, 2024. In the forum, Sunarso specifically This distribution reflects solid performance
highlighted the theme of creating growth and jobs throughout 2023 and BRI’s commitment to
for a new era which is in line with BRI’s commitment providing added value for shareholders.
to encouraging the empowerment of MSMEs
and creating sustainable economic growth.
January 31, 2024 February 29, 2024 March 1, 2024
BRI closed 2023 with solid performance, President Joko Widodo inaugurated the BRI held the 2024 AGM and set a dividend
recording asset growth of 5.3% yoy to IDR1,965 groundbreaking of the BRI International distribution of IDR48.10 trillion or IDR319 per
trillion and net profit increasing by 17.5% yoy to Microfinance Center in the Indonesian Capital (IKN). share, with a dividend payout ratio of around
IDR60.4 trillion. This facility includes the BRI Office Nusantara, BRI 80.04% of attributable profit. This amount
Microfinance Gallery, and BRI Community Hub on a increased by 10.59% compared to the 2023
13 thousand square meter land. dividend which reached IDR43.49 trillion.
March 6, 2024 March 7, 2024 March 28, 2024
BRI was again named the bank with the most President Joko Widodo opened the BRI BRI Group held Berbagi Bahagia Ramadhan
valuable brand value in Indonesia by Brand Microfinance Outlook 2024 and appreciated 2024 by distributing 128,011 basic food
Finance in the Top 500 Banking Brands 2024 BRI’s commitment to encouraging financial packages to 144 orphanages, 36 nursing
report. BRI ranked first in Indonesia and rose to inclusion for economic growth. homes and communities throughout Indonesia.
64th position globally with a brand value of 5.3 Distribution was carried out by 18 BRI Regional
billion dollars, up from 78th place in 2023 with a Offices involving all BRI Group employees.
value of 4.2 billion dollars. Apart from that, compensation was also
given to 4,600 orphans in various regions.
36 PT Bank Rakyat Indonesia (Persero) Tbk
Page 39
2024 Annual Report
April 5, 2024 May 17, 2024 June 13, 2024
BRI also participated in the Mudik Asyik program BRI held the BRI Fellowship Journalism Quoting the official Forbes International
with BUMN 2024, which was held to facilitate 2024, a scholarship program for 50 selected website, BRI is ranked highest among Indonesian
the community in a safe and comfortable journalists from 345 applicants. This program companies included in the Forbes The Global
homecoming trip. As part of its commitment includes training, mentoring, and Masters 2000 list. This achievement reflects BRI’s
to providing social value, BRI accommodates scholarships through CSR BRI Peduli, as BRI’s position as a leading company that continues
customers to participate in this program. effort to support the quality of journalism to drive growth and innovation in the global
and strengthen relations with the media. financial industry.
June 21, 2024 June 27, 2024 July 26, 2024
Fortune released the inaugural Fortune BRI won 11 international awards from BRI was listed in the Kantar BrandZ Top 30 Most
Southeast Asia 500 list (18/06), which contains FinanceAsia, consisting of 7 awards in the Asia’s Valuable Southeast Asian Brands 2024 with a
the 500 largest companies in Southeast Asia Best Companies category and 4 awards in the brand value of USD11.25 billion, growing 30%
based on revenue, profit and assets. BRI is ranked FinanceAsia Awards. The awards won include year on year, the highest among other companies
highest in the Indonesian banking industry, 4th Best CEO (Gold) for Sunarso, Best Managed on the list.Kantar research highlights BRI’s role
in the Southeast Asian financial sector, and 15th Company (Gold), and Best Bank for Financial in encouraging financial inclusion, especially
overall. Inclusion, confirming BRI’s position as a leading through BRImo which is the most downloaded
financial institution at the international level. mobile banking in Indonesia.
August 6, 2024 August 16, 2024 August 19, 2024
BRI is again the main sponsor of the BRI Liga 1 BRI enlivened the 79th Anniversary of the Republic BRI gave appreciation to 76 Paskibraka and 59
season 2024/2025, confirming its commitment of Indonesia through BRILiaN Independence central-level support staff who were on duty at
to supporting the development of Indonesian Week (BIW), presenting the BRILiaN MSMEs the August 17, 2024 Ceremony at the IKN State
football. This also marks the fourth consecutive Bazaar and activating the #YOKKITAGAS Green Palace. This appreciation took place at the BRI
season that BRI has been the main sponsor, Campaign which encouraged the participation Jakarta Head Office with the theme “Semangat
strengthening its role in driving the progress of of BRILiaN personnel in managing plastic waste Bangsa dari Paskibraka”.
the Indonesian football competition. through the Reverse Vending Machine (RVM).
PT Bank Rakyat Indonesia (Persero) Tbk 37
Page 40
Performance
Highlights
August 28, 2024 September 13, 2024 September 22, 2024
The 2024-2026 Collective Labor Agreement Entering its third year, Holding Ultra Mikro BRI won the Community Empowerment and
(PKB) was signed between BRI and the (UMi) has recorded positive achievements in Development award at the 2024 ESG Republika
BRI National Workers Union. The signing financial inclusion and economic empowerment. Award for its commitment to integrating ESG
was carried out by BRI President Director As of December 31, 2024, the synergy of BRI, principles into business strategy.
Sunarso and BRI National Workers Union Pegadaian, and PNM has served more than
Chairman Mohammad Rizal, witnessed by the 35.9 million customers including through
Indonesian Minister of Manpower Ida Fauziyah 1,032 co-locations throughout Indonesia.
September 26, 2024 October 2, 2024 October 4, 2024
BRI supported the Mandalika MotoGP Area BRI won three awards at the 2024 Top BUMN BRI held a Kick-Off for its 129th Anniversary
to become Green Tourism by planting around Awards organized by Bisnis Indonesia, namely with the theme “BRILian and Cemerlang” as
10,000 tree seedlings. This initiative was part of The Best CEO for Sunarso, The Best CFO for the start of a series of celebrations leading up
the 2024 Mandalika MotoGP event and involved Viviana Dyah Ayu R.K, and The Best State-Owned to BRI’s Anniversary on December 16, 2024. This
a number of MotoGP racers in planting activities. Enterprise Category of Public Companies- theme reflects BRI’s spirit in creating innovative,
Financial Sector. sustainable, and positive financial solutions for
the community and stakeholders.
October 11, 2024 October 17, 2024 October 24, 2024
BRImo FSTVL 2024 started with an event at BRI’s performance was recognized thanks to BRI won the Best API Initiative award at the 2024
Kota Kasablanka on 11-13 October 2024. This the leadership of President Director Sunarso Global Retail Banking Innovation Awards thanks
program is a strategic initiative that aims to in navigating transformation and maintaining to BRIAPI’s innovation in banking digitalization.
increase customer loyalty while encouraging the sustainable growth. For his achievements, This award confirms BRI’s commitment to
use of BRI digital services, especially the BRImo Sunarso was awarded CEO of The Year at the 2024 providing technology that makes access to
application and other products such as BRI credit detikcom Awards, while BRImo won the award for financial services easier for the public.
cards and debit cards. Most Innovative Mobile Banking Marketing in the
Premium Segment
38 PT Bank Rakyat Indonesia (Persero) Tbk
Page 41
2024 Annual Report
October 25, 2024 November 25, 2024 November 29, 2024
BRI supports the development of the creative In the 15th IICD Corporate Governance In the 2024 BI Awards, BRI won the Best Primary
economy by becoming the Official Mobile Conference and Award, BRI won the Top 50 Big Dealers award and the Best Conventional
Banking Partner at Urban Sneaker Society Capitalization Public Listed Company and Best Bank Supporting Rupiah Monetary Operation
(USS) 2024. The USS 2024 presented by Overall Big Capitalization awards. This award Innovation as an appreciation for BRI’s
BRImo event will take place on October 25-27, is an acknowledgement of BRI’s large market contribution in supporting stability and
2024 at the Jakarta Convention Center (JCC), capitalization and implementation of good innovation in the financial market.
presenting more than 270 lifestyle brands and corporate governance.
various interesting activities for the creative
community and fashion industry in Indonesia.
December 14, 2024 16 Desember 2024 21 Desember 2024
BRI held the Gala Premier Web Series Pakai BRI celebrated its 129th anniversary with great BRILiaN Fest took place lively at the Jakarta
Hati Reborn as part of its 129th Anniversary solemnity and togetherness. The celebration Convention Center with full family spirit,
celebration. Starring Bryan Domani, Caitlin at the Jakarta Head Office was attended by the attended by the ranks of Commissioners,
Halderman, Awwe, and Callista Arum, the series ranks of Commissioners, Directors, SEVP and Directors, SEVP, and more than 50 thousand
carries BRI’s vision as a Champion of Financial Insan BRILiaN and took place simultaneously in Insan BRILiaN.
Inclusion, presenting financial education with a all BRI Regional Offices throughout Indonesia.
creative approach through drama, romance, and
light comedy.
PT Bank Rakyat Indonesia (Persero) Tbk 39
Page 42
Report of The Board of Directors and Board of Commissioners 40 PT Bank Rakyat Indonesia (Persero) Tbk
Page 43
“BRI continue to provide loan & financing to the Micro, Small, and Medium Enterprises (MSME) segment with total amount outstanding reaching Rp1,110,37 trillion or 82% of total loan & financing as of December 2024. BRI’s flagship segment, Micro and Ultra Micro contribute 46,32% of total loan & financing” PT Bank Rakyat Indonesia (Persero) Tbk 41
Page 44
Report of The Board of Directors
and Board of Commissioners
Board of Directors’
Report
Sunarso In accordance with its activities, the Company has
various products and services, including savings
President Director
products, which consist of BRI BritAma Savings,
BRI Simpedes Savings, BRI Junio Savings, and their
respective variants. Loan products, which consist of
Micro Loans (Kupedes, Kupedes Rakyat, Micro KUR),
To the Esteemed Shareholders Consumer Loans (BRIguna, Mortgage, Credit Card,
Ceria), Small Business Loans (Working Capital Loans,
and Stakeholders, Investment Loans, Small KUR), Medium Business
Loans (Investment Loans and Working Capital Loans),
Corporate Loans (Investment Loans and Working
Praise be to God Almighty for His grace and blessings Capital Loans), as well as other loan products.
in 2024, BRI managed to maintain sustainable growth Other products include Micro Insurance, Mortgage
and profitability. Consistency in continuous innovation Loan Life Insurance, and Mutual Fund Sales Agents.
and the right strategic responses have successfully In digital banking services, BRI provides a mobile
enabled solid performance, with consolidated banking application (super app), namely BRIMo, to
assets reaching IDR1,993 trillion, growing by 1.4% facilitate customers in conducting various banking
year on year. Total loan and financing grew by 7%, transactions, corporate transaction services through
reaching IDR1,354.6 trillion. Effective performance the QLola platform, which offers Cash Management
management and risk control have allowed BRI to System and BRICams, Institutional Services, Business
maintain profitability, recording a Return on Asset and Financial Services, as well as BRILink Agents,
of 3.06% and a Return on Equity of 19.01%. Hereby, International Business Services, BRIFast Remittance,
allow us to present the Company’s management Treasury Services, Investment Services, and BRI
report for the 2024 Fiscal Year. Priority Banking.
In this report, we will outline BRI’s performance BRI implements they hybrid bank concept, in delivering
throughout 2024, business prospects, and the services to customers, which combines the presence
implementation of Good Corporate Governance. of branch office networks and branchless banking
(BRILink Agents) spread across Indonesia, along with
competent financial advisors with digital capabilities.
Company Profile At A Glance The combination of these three elements presents
banking services that are more effective, efficient,
PT Bank Rakyat Indonesia (Persero) Tbk. is a company and integrated in accordance with the digital literacy
engaged in the banking sector. The Company’s journey of Indonesian society.
primary activity is functioning as an intermediary
institution by collecting funds from the public in the BRI’s networks and banking agents cover various
form of savings and providing loans or credit back regions both domestically and internationally. In the
to the public. In addition, the Company also offers domestic sector, BRI has 1 Head Office, 18 Regional
digital banking services through a mobile banking Offices, 18 Regional Audit Offices, 453 Branch
application, transaction services, investment services, Offices + Special Branch Offices, 7,014 Sub-Branch
and other banking services. Offices (including 5,086 BRI Units, 500 Cash Offices,
and 873 BRI Teras, 69 Mobile BRI Teras, and 4 Ship
BRI Teras) spread across Indonesia. Meanwhile, in
the international sector, BRI has 6 Overseas Branch
Offices and 3 Overseas Sub-Branch Offices located
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2024 Annual Report
As of December 31, 2024, BRI’s total consolidated
assets grew by 1.4% to IDR1,992.98 trillion,
driven in part by loan and financing, which reached
IDR1,354.64 trillion, reflecting a year on year
growth of 6.97%.
PT Bank Rakyat Indonesia (Persero) Tbk 43
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Report of The Board of Directors
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in New York, Cayman Island, Singapore, Taipei, Timor Leste, and which is determined by considering macroeconomic conditions,
Hong Kong. Overall, BRI currently serves all customers through industry, company capabilities and shareholder aspirations.
796,084 business units, 686,128 e-channel networks (10,663 The implementation and continuity of these strategies are
ATMs, 9,007 CRMs, and 776,357 EDCs), and 1,064,219 BRILink also monitored by Directors periodically, through Business
agents. Performance Review (BPR), Asset & Liabilities Committee (ALCO),
and Risk Management Committee (RMC) forums.
In terms of organizational structure, BRI is led by a president
director and vice-president director, who are assisted by 10 In this performance report section, we also provide an overview of
Directors and 8 SEVPs in performing its activities as a banking macroeconomic conditions at the global, national, and banking
service provider through its extensive network. In line with industry levels in Indonesia. Macroeconomic performance is a
the company’s strategy to strengthen BRI’s retail banking crucial factor that can influence a Company’s overall performance.
capabilities, in 2024, BRI adjusted the nomenclature of Director
of Small and Medium Business to become Director of Commercial, Economic Analysis
Small and Medium Business and Director of Network and Services
to become Director of Retail Funding and Distribution. Throughout 2024, the global economy continued to grow
positively despite various economic and political uncertainties.
In carrying out its operational activities, BRI has a total of 81,848 BRI’s Economic Team estimated that global economic growth in
employees, with the following educational levels: 10 employees 2024 was 3.29%, slightly lower than the previous year’s 3.33%.
with a Doctorate degree, 1,761 employees with a Master’s degree, Although experiencing a slight slowdown, global economic
69,462 employees with a Bachelor’s degree, 9,469 employees growth in 2024 remained solid, supported by the decreasing
with a Diploma degree, and 1,146 employees with a High School trend of inflation rate trend in various countries and more
(SLTA) or equivalent education level. expansionary monetary policies through benchmark interest rate
cuts, particularly by the U.S. Federal Reserve (The Fed), which
In terms of information technology, BRI focuses its development on lowered its interest rate by 100 basis points in 2024, bringing it
three key areas under the theme of Composable to the Power of X: down to 4.50% from 5.50% in 2023.
( ).
1. ComposableX Resiliency, which involves maintaining and On the domestic front, Indonesia’s economic performance also
aligning capabilities and capacities through strengthening slightly weakened. National economic growth in 2024 was recorded
of Enterprise Architecture, process efficiency, application at 5.03%, a slight decline from 5.05% in 2023. Despite this minor
integration, cybersecurity enhancement, and the slowdown, Indonesia’s economic growth remained solid, supported
implementation of active-active Data Centers, High by strong domestic demand. Based on expenditure components,
Availability, and cloud adoption strategies to improve agility, household consumption (RT) growth in 2024 was recorded at
flexible resiliency, and sustainability. 4.94%, higher than 4.82% in 2023. Household consumption
2. ComposableX Open Banking, which expands business remained the main contributor to economic growth, supported
potential through technology utilization and innovation by controlled inflation and more expansionary monetary policies.
exploration via BRIAPI, as well as increasing its role in the However, purchasing power, especially among the lower-middle-
ecosystem through embedded finance and Banking-as-a- income segment, still faced challenges and had yet to recover fully
Service. from the economic recession caused by the Covid-19 pandemic.
3. ComposableX AI/ML, which drives the enhanced use of
analytical data and products to support data-driven decision- On the other hand, government consumption expenditure
making and recommendations with high accuracy through increased significantly by 6.61%, higher than 3.02% in 2023.
the utilization of BRIBRAIN and Master Data Management The acceleration of government spending became one of the
(MDM), which is extended across the BRI Group. main factors supporting public purchasing power in 2024, in
line with a more expansive budget realization and various fiscal
stimulus measures implemented to maintain economic recovery
BRI Performance in 2024 momentum. Meanwhile, in terms of investment, Gross Fixed
Capital Formation (PMTB) grew by 4.61%, slightly increasing from
In 2024, the Company has delivered strong performance in 3.76% in 2023. Investment continued to contribute positively to
both operational and financial aspects. The Company has economic growth, supported by ongoing infrastructure projects
implemented various effective strategies, including selective loan and inflows of foreign investment into several strategic sectors.
growth with a focus on quality and recovery income, mastery of However, global uncertainties and relatively high interest rates
the fund ecosystem to sustain deposit growth, and optimization remained factors that slightly restrained private investment
of synergy with BRI Group’s subsidiaries. The Board of Directors expansion.
plays an active role in formulating the company’s strategy,
44 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
From a sectoral perspective, Indonesia’s economic growth in The year 2024 was a challenging year for both the global and
2024 was still driven by the manufacturing industry, trade, and domestic economy. Global economic uncertainty, weak demand,
construction sectors. However, some sectors that previously and the slowdown in the manufacturing sector were the main
grew rapidly post-pandemic began to show signs of moderation, factors putting pressure on economic growth performance.
particularly transportation, accommodation, and agriculture. The However, on the other hand, the global disinflation trend, looser
manufacturing industry remained the main pillar of economic monetary policies, and domestic fiscal expansion remained the
growth, with a growth rate of 4.43%, slightly lower than 4.64% key factors in maintaining economic stability. For the banking
in 2023. This sector continued to be supported by an increase sector, the economic slowdown posed unique challenges,
in domestic manufacturing production, although weaker global particularly in credit expansion and Third-Party Funds (DPK)
demand put pressure on manufactured goods exports. With its collection. Therefore, banks need to be more selective in
significant contribution to GDP, the performance of this sector credit distribution and optimize liquidity strategies to ensure
remained one of the key factors in maintaining national economic sustainable growth.
stability.
Company Performance
Meanwhile, the trade and motor vehicle repair sector recorded
a growth of 4.86%, remaining relatively stable compared to The Company’s Financial Performance
4.85% in 2023. On the other hand, the construction sector
experienced significant growth acceleration, reaching 7.02%, As of December 31, 2024, BRI’s total consolidated assets grew
an increase from 4.91% in 2023. This growth was driven by by 1.4% to IDR1,992.98 trillion, driven in part by loan and
the acceleration of strategic infrastructure projects, as well as financing, which reached IDR1,354.64 trillion, or an increase of
increased investment in property and buildings. A more expansive 6.97% year on year. BRI remains consistent in channeling loans
fiscal policy and support for national development projects were and financings to the Micro, Small, and Medium Enterprises
the main factors sustaining the sector’s growth. In the primary (MSME) segment, which accounts for 82% of BRI’s total loan
sector, the agriculture, forestry, and fisheries sector recorded and financing distribution, amounting to IDR1,110 trillion. BRI’s
only 0.67% growth, significantly lower than 1.31% in 2023. This flagship segment, Micro and Ultra Micro, contributed 46.3% of
slowdown was influenced by various factors, including the impact the total loans and financings. In the long term, BRI is committed
of El-Nino, declining commodity prices, and weaker demand to maintaining this composition in line with its focus on the
compared to 2023. MSME segment. BRI’s loan and financing growth in 2024 was
mainly driven by the Corporate and Consumer segments, which
Furthermore, macroeconomic performance throughout 2024 grew by 23.6% and 10.0% year on year, respectively.
also impacted the banking sector’s performance, particularly
in loan disbursement and Third-Party Funds (DPK) collection. The growth in MSME loans and financings was strongly supported
The banking industry’s loan growth experienced a slowdown by the Ultra Micro Holding, consisting of BRI, Pegadaian, and
trend after reaching its peak in April 2024, with the growth PNM, which was established in September 2021. Pegadaian’s
rate continuing to decline in the second half of the year. As of financings grew by 26.3% to IDR85.4 trillion. PNM’s loans grew by
November 2024, loan growth was recorded at 10.8% year on 6.2% to IDR50 trillion. Despite the volatile global macroeconomic
year, lower than its peak in April 2024 at 13.1% year on year. conditions in 2024, influenced by negative sentiments from
To navigate this situation, a more selective credit distribution geopolitical risks, interest rates, inflation, and pressures on
strategy is required to maintain asset quality and manage risks the mass market segment, BRI’s Micro and Ultra Micro credit
optimally. still managed to grow by 2.7%, reaching IDR627.5 trillion. This
growth was driven by the subsidiaries, PNM and Pegadaian, which
From a liquidity perspective, Third-Party Funds (DPK) growth also grew 18.05% year on year.
slowed down after reaching its highest point in May 2024. By
November 2024, DPK growth stood at 7.5% year on year, lower Growth in the MSME segment was also supported by sustainable
than its peak in May 2024 at 8.6% year on year. Nevertheless, DPK growth in the Consumer segment, which recorded a 10% year
growth showed a limited increase compared to November 2023, on year increase, reaching IDR209.1 trillion. The Consumer
which was 3.0% year on year, supported by Bank Indonesia’s segment’s growth was primarily driven by BRIGUNA and
monetary policy easing and a more expansive fiscal policy Mortgage products, which grew by 10.7% and 13.7% year on
compared to the previous year. year, respectively. Additionally, BRI continued to support the
government’s housing programs by distributing 16,897 units of
Subsidized Mortgage (FLPP) in 2024. The SME segment grew
by 2.36%, driven by the Medium segment, which experienced a
21.6% year on year increase.
PT Bank Rakyat Indonesia (Persero) Tbk 45
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Report of The Board of Directors
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Meanwhile, BRI’s Corporate credit segment grew impressively, the development of Qlola, an integrated digital payment platform
reaching IDR244.3 trillion, or an increase of 23.6% year on year. for corporate customers. Qlola provides comprehensive access to
The Corporate segment’s growth focused on short-term and BRI’s wholesale banking services, including cash management,
uncommitted loan schemes in high-potential sectors such as trade finance, supply chain management, foreign exchange,
Agribusiness, Fast-Moving Consumer Goods (FMCG), and Mining. investment services, and financial dashboards. The strengthening
This growth was further supported by transaction banking of CASA in the retail segment was also reflected in the increase
services such as trade finance, cash management, and foreign in customer transactions through Agen BRILink and BRImo, which
exchange transactions, as well as the development of an MSME contributed significantly to BRI’s profitability. Throughout 2024,
pipeline through the optimization of corporate business value Agen BRILink recorded 1.2 billion transactions, with a total value
chains. of IDR1,589 trillion, reflecting a year on year growth of 11.3%.
Additionally, BRImo saw a 33.2% increase in transaction value
In 2024, BRI focused its strategic efforts in strengthening its retail year on year, reaching IDR5,541 trillion.
banking capabilities, particularly in enhancing the collection
of Current Account Savings Account (CASA), ensuring greater This strong performance was also reflected in the company’s
stability and sustainability. This strategy yielded positive results, net profit achievement, which reached IDR60.4 trillion, growing
with the CASA ratio increased by 295 basis points to 67.3% as of by 0.4% year on year. Additionally, BRI’s net profit (bank only)
December 2024. BRI’s total consolidated deposits grew by 0.5%, reached IDR54.8 trillion, marking a 3.2% growth. The main
reaching IDR1,366 trillion, driven by a balance sheet optimization drivers of BRI’s profit growth were: Effective management of net
strategy while maintaining the bank’s Loan-to-Deposit Ratio interest income growth, Fee-based income, Recovery income,
(LDR) at 88.85% as of December 2024. and Operational cost efficiency.
The accumulation of CASA was supported by BRI’s strategy to BRI’s top-line performance delivered positif results, with Net
enhance customer transactions in both Retail and Wholesale Interest Income (NII) growing 3.4% year on year on a consolidated
segments. In the Retail segment, CASA growth was driven by basis. This growth was driven by: Optimal loan and financing asset
optimized transactions through Agen BRILink, mobile banking management, ensuring competitive interest rates, and Efficient
(BRImo), and digital payment platforms (BRI API), along with the liquidity management. BRI’s interest rate levels were reflected in
expansion of acquiring merchant acceptance. Meanwhile, in the its Prime Lending Rate (SBDK) as follows:
Wholesale segment, CASA accumulation was optimized through
SBDK Table (Prime Lending Rates) as of December 31, 2024
Quantitative Disclosure
Data Period: Non-UMKM Loans Non-UMKM Loans Non-KPR/
KPR/KPA
December 31, 2024 Corporate Retail Medium Small Micro Non-KPA
Fund Cost for Loan (HPDK) (%) 3.80 N/A 3.80 3.80 3.80 3.80 3.80
Overhead Cost (%) 1.74 N/A 3.29 4.45 8.65 3.35 3.11
Profit Margin (%) 2.96 N/A 3.46 2.15 1.54 2.85 2.39
Prime Lending Rates (SBDK) (%)
8.50 N/A 10.55 10.40 14.00 10.00 9.30
(HPDK + Overhead + Margin)
Note: Effective from January 1, 2025
Qualitative Disclosure
Category Definition of Loan Category Indicators/Criteria of Loan Category
Working capital loans and investment loans that are Total loan plafond > IDR500 billion.
Corporate
non-MSME and non-retail.
Retail N/A N/A
46 PT Bank Rakyat Indonesia (Persero) Tbk
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Meanwhile, the interest rates offered for BRI’s saving products a bank-only basis, reflecting a sound liquidity position to support
are as follows: future business growth. BRI’s profitability ratios remained
positive, as shown by the Return on Assets (ROA) After Tax and
Deposit Counter Rate Table as of December 31, 2024 Return on Equity (ROE) Balance Sheet, which stood at 3.06% and
19.01%, respectively.
Product IDR Interest Rate USD Interest Rate
Current Accounts 0.00% - 2.00% 0.05% - 0.15%
In terms of asset quality, BRI faced challenges in 2024 related
to resolving its restructured loan portfolio due to Covid-19 and
Savings 0.00% - 2.50% 0.08% - 0.25% the slowdown in the domestic economy caused by the slow
Deposits 3.35% - 3.50% 1.25% - 2.25% recovery of consumer purchasing power, particularly in the lower-
middle segment. Despite these challenges, BRI successfully
maintained its Non-Performing Loan (NPL) ratio at 2.78% on
Fee-based income and other operational income grew to IDR53.9 a consolidated basis and 2.94% on a bank-only basis, showing
trillion, an increase of 24.1% year on year, with the Company a slight improvement compared to the same period last year.
recorded recovery income of IDR25.4 trillion, up 50.67% year on This was in line with the Company’s strategy to accelerate the
year. Which aligned with BRI’s strategy to focus on asset quality resolution of Covid-19 restructured loans. BRI also maintained
and recovery in 2024. Additionally, the Company posted fee- adequate loan loss provisions, as reflected in its NPL Coverage
based income of IDR20.5 trillion, growing 10.6% from the same Ratio, which remained at 215.01% on a consolidated basis and
period last year. This achievement in fee-based income was in 199.43% on a bank-only basis. Additionally, BRI’s Loan Loss
line with the growth in fee income from E-Channel & E-Banking Reserve (LLR) stood at 5.98%, higher than the pre-pandemic level
services, which increased by 18.61% due to higher utilization of of 4-5%. Furthermore, the Loan-at-Risk (LAR) ratio continued its
BRI’s digital banking services. downward trend, decreasing from 12.47% at the end of 2023 to
10.70% at the end of 2024.
On the other hand, BRI successfully maintained operational cost
efficiency, with year on year cost growth controlled at 8.25%. This BRI also sustained a strong capital position, with a Capital
efficiency was supported by the operational cost growth of BRI Adequacy Ratio (CAR) of 26.63% on a consolidated basis and
(bank only), which was recorded at just 7.38%, reaching IDR48.0 24.41% on a bank-only basis—well above the regulatory minimum
trillion. As a result, the consolidated Cost to Income Ratio (CIR) requirement of 17.5% (after considering Basel III implementation)
remained stable at 41.59% in 2024. and the Company’s risk appetite of 19%. With this solid capital
adequacy ratio, BRI is well-positioned to manage key banking
From a liquidity perspective, the bank’s Loan to Deposit Ratio risks, including market risk, credit risk, and operational risk, while
(LDR) stood at 88.85% on a consolidated basis and 89.39% on supporting sustainable long-term business growth.
Achievement of Company Target
In general, BRI, on a bank-only basis, successfully achieved the 2024 performance targets that had been set, with the details as follows:
Table of Financial Target and Realization Comparison (bank only, in IDR billions)
Desember 2024
Description
Target Realization Achievement
Net Profit 54,832 54,841 100.02%
Loan to Deposit Ratio (LDR) 86.83% 89.39% 102.95%
Net Interest Margin (NIM) 6.21% 6.47% 104.10%
Capital Adequacy Ratio (CAR) 22.86% 24.41% 106.76%
Cost to Income Ratio (CIR) 40.84% 37.22% 110.47%
PT Bank Rakyat Indonesia (Persero) Tbk 47
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The Company’s Non-Financial Performance 3. Human Capital Operating Model and Employee Productivity
In September 2024, BRI’s Human Capital underwent a
BRI’s financial performance achievements were also supported reorganization to improve HC management and strengthen its
by transformations in Human Capital, Information Technology, role as a strategic business partner (business partner, center
Networks, and other programs that contribute to the Company’s of excellence, and people service). Additionally, to manage
business sustainability. underperforming employees, a performance bootcamp was
implemented to help improve their performance, along with
HUMAN CAPITAL the provision of long-term incentives to enhance employees’
BRI’s Human Capital vision, “Home to the Best Talent,” reflects sense of ownership.
the Company’s aspiration to be a top-of-mind organization that 4. Well-being and Human Rights (HAM)
continuously focuses on career development and enhancing BRI implemented the BRILian Well-being program, focusing
employee capabilities. This aspiration was a key consideration in on physical, social, financial, and mental aspects. This
establishing BRI’s 2024 Human Capital theme: “Strengthening program includes various initiatives for physical and
People Capabilities with Synergy.” This theme serves as BRI’s mental health management, cultural development, and
strategic response to key Human Capital challenges, including financial management. Regarding human rights (HAM), BRI
strengthening business segment capabilities, optimizing conducts a human rights due diligence process through a
sustainable CASA by focusing on ecosystems and value self-assessment method established by the Ministry of Law
chains, transforming Human Capital within the Micro business and Human Rights of the Republic of Indonesia, using the
segment, and reinforcing leadership among Unit Heads. The PRISMA application. BRI received a Green categorization in
implementation of this theme is carried out through various Human Rights Implementation with a score of 103.
programs and initiatives, such as:
1. Enhancing Employee Capabilities Through these various initiatives and work programs, BRI’s
BRI continuously strives to enhance employee capabilities. employee engagement has improved, increasing from 3.49 on a
In 2024, the focus was on transforming employees in the scale of 4 in 2023 to 3.51 on a scale of 4 in 2024.
Micro Business segment, Branch Leaders, and Relationship
Managers (RMs) in the SME business segment. The focus on INFORMATION TECHNOLOGY
strengthening employee capabilities in the Micro Business In line with the Company’s business growth, BRI has invested
segment was carried out through various studies and in Information Technology (IT), actively supporting business
fulfillment strategies, KPI review, training and development, objectives, particularly in the digital domain. The Digital and
recruitment, and competency design. The enhancement IT aspects of BRI serve as enablers and strategic partners for
of Branch Leaders’ capabilities was aimed at supporting business players, driving innovation and collaboration to deliver
business performance, emphasizing the leadership role secure, responsive, and customer-centric solutions, products,
of Branch Leaders in overseeing strategy execution. This and services. BRI continues to enhance IT platform capabilities,
included education programs and pilot implementations in implement Agile governance, and develop skilled Digital Talent,
one of the Regional Offices with its supervised business units, enabling the organization to innovate and be data-driven in
as well as collaboration between the Head Office, Regional achieving its business targets and corporate strategies.
Offices, Branch Offices, and consultants. Additionally,
to ensure that SME RMs have the necessary capabilities Throughout 2024, BRI recorded remarkable growth in digital
to face future business challenges and developments, a transactions, with 98.85% of total transactions conducted
rejuvenation process was conducted by involving Assessors through digital channels, while the remaining 1.15% were carried
to evaluate the hard and soft competencies of the respective out at branches or business units.
employees, enabling the acceleration of SME RM productivity
improvement. In addition to the figures above, Digital & Information Technology
2. BRI Group Synergy BRI also achieved several milestones in 2024. BRImo became
This initiative is a follow-up to the results of the 2023 Human one of the applications with new user growth of 24.19%, total
Capital Maturity Assessment, aimed at synergizing the transactions and transaction volume increasing by 40.54%
management process of the HC Lifecycle within BRI Group to and 34.57%, respectively, in 2024. From an infrastructure
optimize the contribution and performance of all subsidiaries perspective, BRImo was also able to maintain availability at
within the BRI Group. The synergy in HC Management for 99.98% and a success rate at 99.96%. The utilization growth of
BRI Group includes vision and mission, general policies, our open API, BRIAPI, has been adopted in more than 23 types of
performance management, rewards, learning & development, digital ecosystems with more than 1,000 total partners.
HCIS and people analytics, two-way communication, and
strategies related to talent and competencies.
48 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
In terms of innovation, strengthening support for financial CORPORATE SOCIAL RESPONSIBILITY
inclusion was achieved through Banking-as-a-Service (BaaS), As a form of compliance with regulations and responsibility to
which integrates BRI services with third-party digital platforms society, BRI is committed to fulfilling its social responsibility to the
such as Pegadaian Digital. Additionally, Sabrina, an AI-based communities and environments surrounding its operational units,
virtual assistant, handled 39.6% of incoming messages at the BRI as well as to sustainable development, through the implementation
Contact Center, serving 5.1 million interactions per month with a of TJSL, which is communicated as the BRI Peduli Program. The
customer satisfaction rate of 80%, up from 69.8% in the previous implementation of BRI Peduli adheres to the Triple Bottom Line
year. Work Instruction Search Engine (WISE) also assisted more concept—Pro People, Pro Planet, and Pro Profit—which aligns with
than 17,000 frontliners, improving solution search efficiency by the Company’s social and business values and is in line with BRI’s
66%. Environmental, Social & Governance (ESG) strategy.
From an infrastructure perspective, BRI has strengthened the In accordance with regulations from the Ministry of State-Owned
capacity of its Data Center to support critical services through an Enterprises (BUMN), BRI Peduli prioritizes focus areas in Education,
active-active strategy, enhancing risk mitigation for downtime and Environment, and the Development of Micro and Small Enterprises.
service stability. BRI’s Data Centers are designed in compliance Activities in the Education sector include the construction/
with Tier-III Uptime Institute standards. In IT governance, BRI renovation of schools in remote areas and scholarship programs
recorded a maturity score of 4.66 out of 5.00 based on COBIT for students. Environmental initiatives include the “BRI Menanam
2019, following the guidelines set by the Ministry of State-Owned Grow & Green” Program, which involves mangrove, productive tree,
Enterprises (BUMN). BRI also completed 100% of the identified and coral reef planting; the “Yok Kita GAS” (Waste Management
areas for improvement in IT governance throughout 2024. Journey) initiative for waste management; and the “Jaga Sungai
Additionally, BRI’s digital capabilities achieved Maturity Level Jaga Kehidupan” (Protect Rivers, Protect Life) campaign. In
2, as per OJK Regulation No. 24/SEOJK.03/2023 regarding the the economic sector, programs include Halal Certification for
Maturity Level Assessment for Digital Commercial Banks. MSMEs, the AURA (Aspire to Uplift, Revive, and Achieve) Program
for Women’s Business Groups, and the Flagship Cluster Program.
In terms of cybersecurity, BRI has adopted a Zero-Trust Through BRI Peduli, BRI continuously strives to implement
Architecture and an Enterprise Security Architecture based on integrated, targeted, and measurable programs to maximize
the NIST Cybersecurity Framework. Since 2018, the Information benefits for society and the environment.
Security Unit under the Digital & IT Directorate has been led by an
internationally certified CISO, ensuring proactive and continuous
system security. BRI also recorded a Cybersecurity Maturity Score Challenges Faced by The Company
of 3.63.
This solid performance was not without challenges throughout
SUSTAINABILITY PERFORMANCE 2024. Global geopolitical conditions remained uncertain,
As a manifestation of its commitment to Sustainable Finance, particularly due to the ongoing Ukraine-Russia war and the
increasingly complex Israel-Palestine conflict, which led to
BRI has developed an Environmental, Social, and Governance
volatility in global commodity prices, especially in energy and
(ESG) initiative strategy that is integrated into the Company’s
food. This volatility impacted inflation and consumer purchasing
operations and business. BRI consistently maintains strong
power. As a result, the banking sector faced challenges
performance in implementing Sustainable Finance principles and in maintaining credit quality and liquidity due to shifts in
contributes to the achievement of the Sustainable Development consumption behavior and the potential increase in risks in
Goals (SDGs). To accelerate the realization of these objectives, certain sectors.
BRI aligns its corporate strategy with stakeholder expectations
and implements ESG initiatives that refer to national, regional, Domestically, the transition of government following the 2024
and global standards. elections also influenced market sentiment. However, the
national economy continued to grow at a solid rate of 5.03%
In 2024, BRI has implemented the Climate Risk Management in 2024, with household consumption remaining the primary
contributor, accounting for approximately 54.53% of GDP.
Scenario (CRMS), covering 71.84% of BRI’s total portfolio and
is set to cover 100% of BRI’s portfolio by 2025, in accordance
Moreover, the competitive landscape in the banking industry has
with OJK guidelines. Additionally, BRI has obtained approval for
become increasingly intense, particularly in credit distribution
its near-term Net Zero Emission (NZE) target from SBTi. This for the retail and MSME sectors, as well as in acquiring low-cost
commitment is reflected in BRI’s continuous achievement of funds. The digitalization of banking services has accelerated
outstanding ESG performance, as recognized by international significantly, with the adoption of artificial intelligence (AI),
rating agencies, including an ESG Rating score of 75 from S&P— big data analytics, and process automation to enhance service
the highest in Indonesia’s banking sector, an MSCI rating of A, efficiency. In this ever-evolving landscape, banks must adapt
and a Sustainalytics score of 17.8, categorized as low risk. through innovation, strengthen their digital infrastructure,
and enhance synergies with business ecosystems to maintain
competitiveness and market relevance.
PT Bank Rakyat Indonesia (Persero) Tbk 49
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Report of The Board of Directors
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Internally, BRI continues to face challenges in optimizing
performance, particularly in accelerating retail and consumer
Important Things Expected to Occur in
business growth, strengthening the business of its subsidiaries, and the Future and Business Prospects
improving operational efficiency to manage operational and credit
costs. Additionally, BRI’s performance remains heavily reliant on Future challenges and opportunities in the banking sector will be
credit activities, making the growth of non-interest income one of influenced by various negative and positive catalysts that reflect
the key priorities to ensure long-term sustainable growth. the dynamics of both domestic and global economies. The key
challenges include:
Considering these dynamics, throughout 2024, BRI has 1. The declining absorption of the workforce in the formal
implemented several strategic initiatives, as follows: sector, which may reduce financial stability and overall
1. Asset Quality Improvement purchasing power.
• Strengthening risk management through changes in 2. A shrinking middle class, coupled with weakening purchasing
KPI weightings, adding Business Support Assistants power in the lower-middle segment, adding pressure on the
supporting asset to quality improvement and recovery accumulation of low-cost funds (CASA).
income, improving Credit Risk Scoring, tightening Risk 3. At the global level, geopolitical uncertainties and economic
Grade Acceptance Criteria, and restricting loan expansion slowdowns in the United States and China pose serious
for loan officers with NPLs above the maximum limit to threats to the export sector and investment flows, potentially
focus on credit quality improvement. slowing down national economic growth.
• Optimizing recovery income by forming a task force team
dedicated to quality improvement and accelerating However, various opportunities also emerge with positive
recovery income. catalysts, including:
2. Selective Growth 1. More expansive government spending, which can enhance
• Expansion based on regional potential and risk profiles public purchasing power, positively impacting increased
while considering the productivity of marketing consumption and banking credit growth.
personnel. 2. The recovery of the real sector through new government
• Increasing the contribution rate of the pipeline through programs, providing banks with opportunities to expand their
data quality improvement and validation of the pipeline financing portfolios.
model. 3. A continued decline in the BI Rate in line with the global
• Focusing credit growth on the Consumer (Briguna), trend of interest rate easing, allowing for reduced funding
Medium, and Wholesale segments based on ecosystem costs.
potential and value chains. 4. More expansive monetary and macroprudential policies,
3 Sustainable & Quality CASA Growth (CASA Sustainability) creating room for banks to support economic growth through
• Optimizing the productivity of Branch Office Areas product innovation and more aggressive credit distribution.
in metropolitan regions by enhancing employee
capabilities, improving service quality, and strengthening Going forward, the success of the banking sector in overcoming
complaint handling management. these challenges will depend on its ability to leverage available
• CASA growth driven by ecosystem potential and business opportunities. BRI’s efforts in driving innovation and exploring
value chains through the Ecosystem Business Forum new sources of growth have led to increased business complexity.
(EBF). Internal changes and external dynamics require BRI to remain
4. Operational Excellence (Excellence Enablers) agile and adaptive in facing challenges, ensuring the effective
- Strengthening employee capabilities through employee management of business opportunities both now and in the
& leadership development programs. future. Continuing BRIvolution 2.0 (2021–2024), we have
- Fraud control and enhancement of risk assessment tools developed BRIvolution 3.0, aligned with the Company’s long-term
using credit risk scoring, early warning systems, and aspiration for 2029: “The Most Trusted Lifetime Financial Partner
predictive models. for Sustainable Growth.” The years 2025 and 2026 mark the initial
- Managing subsidiary companies as a source of phase of BRIvolution 3.0, during which the Company will focus on
consolidated growth. winning the competition in low-cost fund (CASA) acquisition and
strengthening loan quality to support sustainable growth. The
Through these strategic initiatives, BRI remains committed to 2025–2026 theme is: “Winning in CASA & Strengthening Loan
sustaining long-term growth, reinforcing its leadership position Quality for Sustainable Growth.”.
in Indonesia’s banking industry, and delivering added value to all
stakeholders. In BRIvolution 3.0, the company will focus on the 6R theme,
such as Rapid CASA growth, Re-invent Micro to sustain market
leadership, Revamp Growth Engines, Robust People Capabilities,
Reinforced Risk Management, and Re-imagine Data & Analytics.
Through BRIvolution 3.0,the company will focus on driving
the transformation and revitalization of fundamental aspects
and BRI’s business model, especially human capital and risk
management to achieve sustainable growth to realize BRI’s vision
as “The Most Trusted Lifetime Financial Partner for Sustainable
Growth”.
50 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Corporate Governance evaluations and recognition from independent third parties.
These evaluations provide valuable insights for the company to
further enhance its long-term governance implementation.
BRI continuously improves the quality of the implementation
of good corporate governance by considering the needs of Fulfillment of Shareholders’ Rights
stakeholders regarding sustainability aspects that are realized
through the actualization of integrated integrity and capabilities. The Company is always dedicated to providing protection,
As a form of commitment of the Board of Directors and Board of transparency, and added value to shareholders as the owners of
Commissioners in improving the quality of the implementation the Company. To this end, the Company remains committed to
of good corporate governance, the Company implements providing fair and equal access to information for all shareholders,
the Corporate Governance standards issued by the National establishing a fair and consistent dividend policy, paying special
Committee on Governance Policy (KNKG), such as the General attention to the rights of minority shareholders, complying with
Guidelines for Indonesian Corporate Governance (PUGKI). This applicable regulations and obligations, and continuously striving
adoption is to support the Company in continuously adapting to to enhance shareholder value through the implementation of
the latest developments related to good corporate governance. sustainable growth strategies, product and service innovations,
and operational efficiency to achieve optimal financial results.
In ethical principles, BRI always upholds Ethical Behavior which
is manifested through the existence of ethical policies that Equal Treatment for All Shareholders
regulate the Bank’s Code of Ethics and the Worker’s Code of
Ethics, guidelines related to culture that regulate risk culture, The Company has implemented policies aimed at supporting and
compliance and corporate culture. The Company considers to ensuring fair and equal treatment to protect the fundamental
the principle of Equal Treatment to stakeholders, including rights of all shareholders. These policies include granting one (1)
shareholders. The Company realizes the intended commitment voting right for each share owned (one share, one vote), providing
by providing equal information to stakeholders. equal access to information through multiple channels, including
Investor Relations, the company website, and other publications,
it adopts the principle of accountability by realizing the Company as well as policies related to insider trading and transactions
that guidelines for the Board of Directors and the Board of involving related parties.
Commissioners in carrying out their duties and obligations. The
guidelines include meeting rules, voting mechanisms, guidelines Sustainability Governance
for conflicts of interest management. Additionally, the Company
ensures that there are checks and balances formed from the BRI upholds sustainability as a core principle in balancing
implementation of the Board of Directors’ duties that are financial performance with environmental, social, and
responsible and independent from the supervision of the Board governance (ESG) responsibilities. This approach aims to create
of Commissioners. added value, enhance competitiveness, and strengthen BRI’s
long-term business resilience. This commitment aligns with BRI’s
To maintain its objectivity in running the business, the Company mission to provide optimal benefits to all stakeholders through
upholds the principle of Transparency by establishing corporate the implementation of sustainable finance and Good Corporate
transparency practices based on the best provisions and Governance (GCG) principles.
implementations in the industry. In addition, BRI ensures accurate,
timely, and adequate disclosure of information, including aspects As part of its strategic initiatives to strengthen ESG governance,
of compliance with provisions covering disclosure and reporting BRI has established an integrated ESG management structure and
to Regulators and stakeholders. system since 2021. Additionally, BRI has issued a Sustainability
Policy and Strategy, regulated under Circular Letter of the
In today’s modern business era, BRI views the implementation of Board of Directors No. SE.52-DIR/ESG/10/2022 dated October
Good Corporate Governance (GCG) as a commitment to building 5, 2022, serving as the primary guideline for sustainability
sustainable corporate performance. Through GCG, the Company implementation.
not only aims to achieve outstanding financial performance
but also contributes to sustainable development by creating To further optimize ESG management, BRI continuously adjusts
economic value and social value. This approach is also intended its organizational structure to be more effective and responsive
to foster mutual trust among all stakeholders by ensuring that to sustainability challenges. ESG governance is realized through
the company’s vision and mission are managed transparently, the establishment of the Environmental, Social & Governance
accountably, and responsibly. (ESG) Committee. The formation of this ESG Committee is based
on Decree No. NOKEP. 102-DIR/PPM/01/2024 dated January
BRI remains committed to continuously improving and refining 10, 2024 (revoking NOKEP. 872-DIR/PPM/06/2022 dated June
good corporate governance practices in a sustainable manner. 2, 2022). Through these various initiatives, BRI reaffirms its
Active participation from the company’s Top Management and commitment to integrating sustainability into its business and
all BRILian employees serves as the driving force in realizing operational strategies to support inclusive and sustainable
good corporate governance within the organization. BRI’s growth.
commitment to governance is demonstrated through internal
PT Bank Rakyat Indonesia (Persero) Tbk 51
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Report of The Board of Directors
and Board of Commissioners
Disclosure and Transparency Important Changes Occurring in Bank
and Bank Business Groups in 2024
To ensure equal access for all stakeholders, BRI transparently
discloses its financial and non-financial of the Company Throughout 2024, there were no significant changes within the
conditions through various communication channels, including Bank and the BRI Banking Group. Moving forward, BRI remains
the Annual Report, Sustainability Report, Corporate Website, and fully committed to enhancing the performance and contribution
other Public Disclosures. of its Subsidiaries, by increasing net profit and fee-based income
from BRI’s Subsidiaries. This effort aims to position BRI’s
Integrated Governance Subsidiaries as sustainable growth drivers for BRI in the future.
As part of its risk mitigation efforts within the BRI Financial
Conglomerate and to enhance the implementation of good Assessment of Committees Under the
governance principles, ensuring business sustainability Board of Directors
across financial entities within the conglomerate, BRI applies
Integrated Governance based on Good Corporate Governance To support the effectiveness and efficiency of the Bank’s
(GCG) principles (Transparency, Accountability, Responsibility, management, BRI’s Board of Directors is assisted by eleven
Independency, and Fairness). BRI has refined its Integrated committees, all of which report directly to the Board of
Governance Framework, established a parenting style for Directors. As of December 31, 2024, BRI has the following eleven
managing subsidiaries, and conducted evaluations on the committees under the Board of Directors:
maturity level of Integrated Governance implementation, as well 1. Asset And Liability Committee (ALCO)
as the execution of responsibilities in each business unit within 2. Capital & Investment Committee
the BRI Financial Conglomerate. 3. Human Capital Committee
4. Information Technology Steering Committee
Development in The Implementation of 5. Procurement Committee
Corporate Governance in 2024 6. Credit Policy Committee
7. Product Committee
BRI implements Good Corporate Governance (GCG) based on 8. Project Management Office Steering Committee (PMO SC)
the principles of Transparency, Accountability, Responsibility, 9. Risk Management Committee
Independency, and Fairness, with a focus on Governance 10. Environmental, Social & Governance {ESG) Committee
Structure, Governance Process, and Governance Outcome. BRI’s 11. Credit Committee
GCG policies and practices adhere to applicable regulations
issued by the Financial Services Authority (OJK), the Ministry of The Board of Directors has assessed that in 2024, all committees
State-Owned Enterprises (BUMN), and other relevant laws. BRI have effectively carried out their duties optimally. The evaluation
consistently ensures that its GCG practices align with industry was based on each committee’s contributions to the Company,
standards at both the national and international levels. including reports and recommendations provided to the Board of
Directors. A comprehensive review of the performance of these
supporting committees is discussed in the Sub-Chapter: Board of
Ownership of The Board of Directors, Directors’ Committees.
Board of Commissioners and
Shareholders in the Bank Business Group
Changes in the Composition of Board of
The Company’s management always maintains independence Directors Members
and integrity in carrying out its duties and responsibilities.
BBRI share ownership by the Board of Directors and Board of Throughout 2024, there were no changes in the composition of
Commissioners (Non-Independent) is part of the remuneration the Board of Directors. However, during the 2024 Annual General
component, in line with the regulations of the Ministry of Meeting of Shareholders (AGMS), several corporate governance
State-Owned Enterprises of the Republic of Indonesia, with the decisions were made as follows:
aim of achieving sustainable performance. Until December 31, 1. Honorably discharged the following individuals from their
2024, there was no significant share ownership by the Board of positions in the Company’s management:
Directors, Board of Commissioners, and Shareholders in the Bank a. Catur Budi Harto as Vice President Director
BRI Business Group, the data as stated in the Board of Directors b. Agus Noorsanto as Director of Wholesale and Institutional
and Board of Commissioners Share Ownership section. Business
c. Agus Sudiarto as Director of Risk Management
2. Changed the nomenclature of certain Board of Directors’
positions as follows:
a. Director of Small and Medium Business was changed to
Director of Commercial, Small, and Medium Business.
b. Director of Network and Services was changed to Director
of Retail Funding and Distribution.
52 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
3. Reassigned the following individuals within the members of Sunarso : President Director
Board of Directors:
Catur Budi Harto : Vice President Director
a. Amam Sukriyanto, previously Director of Small and
Medium Business, was reassigned as Director of Handayani : Director of Consumer Business
Commercial, Small, and Medium Business. Supari : Director of Micro Business
b. Andrijanto, previously Director of Network and Services,
Ahmad Solichin :
was reassigned as Director of Retail Funding and Director of Compliance
Lutfiyanto
Distribution.
Agus Sudiarto : Director of Risk Management
4. The following individuals were appointed as members of the
Company’s management: Agus Noorsanto : Director of Wholesale &
a. Catur Budi Harto as Vice President Director Institutional Business
b. Agus Noorsanto as Director of Wholesale and Institutional Agus Winardono : Director of Human Capital
Business Amam Sukriyanto : Director of Commercial, Small, and
c. Agus Sudiarto as Director of Risk Management Medium Business
Viviana Dyah Ayu :
Director of Finance
R. K.
As a result, after the 2024 Annual General Meeting of
Shareholders (AGMS), the Board of Directors consisted of 12 Arga M. Nugraha : Director of Digital &
Information Technology
(twelve) members, comprising 1 (one) President Director, 1 (one)
Vice President Director, and 10 (ten) Directors. The Board of Andrijanto : Director of Retail Funding and
Directors composition in 2024 was as follows: Distribution
Closing
On this occasion, the Board of Directors would like to extend its highest appreciation to all customers and stakeholders for their trust
and continuous support for BRI throughout 2024. This support has enabled BRI to remain resilient and achieve sustainable growth amid
dynamic challenges.
We also express our gratitude to all Insan BRILian for their dedication, hard work, and extraordinary contributions, which have been
the key to BRI’s success. Their brilliant innovations and unwavering commitment to delivering the best solutions have allowed BRI
to create a significant impact for customers, society, and the national economy. The Board of Directors would also like to convey its
deepest appreciation to the Board of Commissioners for their crucial role, strategic guidance, and oversight in supporting the company’s
sustainable growth. The close collaboration between the Board of Directors, the Board of Commissioners, Insan BRILian, and all
stakeholders will continue to drive innovation, transformation, and continuous improvement.
Finally, through strong collaboration among the Board of Directors, Board of Commissioners, Insan BRILian, and all stakeholders, we
remain committed to continuously delivering innovation and excellent services as well as making sustainable improvements to create a
brighter and more brilliant future for Bank Rakyat Indonesia.
Jakarta, Februari 17, 2025
On behalf of the Board of Directors
Sunarso
President Director
PT Bank Rakyat Indonesia (Persero) Tbk 53
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Report of The Board of Directors
and Board of Commissioners
1 2 3 4 5 6
1. Ahmad Solichin Lutfiyanto : Director of Compliance, 4. Viviana Dyah Ayu R. K. : Director of Finance,
2. Agus Noorsanto : Director of Wholesale and Institutional Business, 5. Agus Winardono : Director of Human Capital,
3. Andrijanto : Director of Retail Funding and Distribution, 6. Sunarso : President Director
54 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
7 8 9 10 11 12
7. Catur Budi Harto : Vice President Director, 10. Amam Sukriyanto : Director of Commercial, Small and
8. Arga M. Nugraha : Director of Digital and Information Technology, Medium Business,
9. Handayani : Director of Consumer Business, 11. Agus Sudiarto : Director of Risk Management,
12. Supari : Director of Micro Business
PT Bank Rakyat Indonesia (Persero) Tbk 55
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Report of The Board of Directors
and Board of Commissioners
Report of
the Board of Commissioners
Kartika Wirjoatmodjo
President Commissioner
Respected Shareholders
and Stakeholders,
Economic and Banking Review
First and foremost, we extend our gratitude to God The dynamic and uncertain economic conditions have
Almighty for His abundant blessings and grace, which posed global challenges throughout 2024. Trade wars
have enabled us to navigate various challenges amidst among major economies have disrupted global supply
macroeconomic volatility, geopolitical tensions, and chains, while the lingering scarring effects of the
high-interest rate trends. pandemic remain evident. Additionally, the prevailing
hawkish monetary policies have triggered capital
PT Bank Rakyat Indonesia (Persero) Tbk—hereinafter outflows in several emerging markets. Overall, these
referred to as “the Company” or “BRI”—has challenging global conditions have contributed to a
successfully responded to the multidimensional slowdown in global economic growth, from 3.33% in
challenges and risks throughout 2024. As a result, 2023 to 3.29% in 2024. (Bank BRI Economist Team)
BRI achieved positive performance, recording a
consolidated net profit of IDR60.64 trillion, reflecting Global economic growth has been primarily driven
a year on year growth of 0.4%, supported by strong by advanced economies, particularly the Euro Area,
capitalization, maintained liquidity, and sound credit despite a slowdown in the United States (U.S.).
quality. Meanwhile, emerging markets—including India, China,
and Indonesia—have also experienced a deceleration,
For 129 years, BRI has been an integral part of society, although domestic demand has provided a cushion
serving as a value creator by generating both social against export constraints stemming from global
and economic benefits for Indonesia. This achievement trade fragmentation.
reflects BRI’s commitment to maintaining customer
trust by continuously developing and innovating its In general, inflation has shown a downward trend
products and services to meet customer needs in an across both advanced and emerging economies.
evolving market and digital era. This decline has been supported by improvements in
global supply chain conditions, although geopolitical
Throughout 2024, the Board of Commissioners has tensions continue to pose potential risks. These
actively carried out its supervisory role and provided geopolitical dynamics, along with economic growth
regular recommendations to the Board of Directors. trends, have influenced monetary policies across
This oversight and advisory function have been different country groups. In response, central banks
delivered through the Board of Commissioners’ have started to lower their benchmark interest rates.
Report, which includes assessments of the Board of
Directors’ performance, views on the business outlook
prepared by the Board of Directors, evaluations of
corporate governance implementation, as well as the
structure and composition changes within the Board
of Commissioners.
56 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
“The Board of Commissioners appreciates BRI’s
success in maintaining profitability amidst very
challenging conditions during 2024. The Board of
Commissioners also realizes that positive financial
performance in 2024 can be achieved inseparably from
ongoing transformation efforts.”
PT Bank Rakyat Indonesia (Persero) Tbk 57
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Report of The Board of Directors
and Board of Commissioners
On the other hand, the global economy is still uncertain, empowering the business world (including the MSME sector)
driven by ongoing geopolitical conflicts, the Chinese economy and pro-growth monetary and macroprudential policies can
which has still not recovered from the pandemic period and encourage the rate of national growth, the banking industry, and
uncertainty regarding US trade policy which has an impact on BRI in particular to keep positive performance.
changes in expectations of the Fed’s benchmark interest rate
and encourages the strengthening of the USD against Emerging
Market currencies, including the rupiah. This dynamic then Frequency and Method of Providing
causes volatility in the capital market, including the Indonesian Advice to the Board of Directors
capital market.
In accordance with the Company’s Articles of Association, the duty
Indonesia’s economic growth itself tends to be moderate amidst of the Board of Commissioners is to supervise the implementation
global economic turmoil, growing at five percent, experiencing of the Company’s management and provide advice to the Board of
a slight decline from 5.05% year on year in 2023 to 5.03% year Directors. To optimize its supervisory duties and responsibilities,
on year in 2024. The domestic economy is supported by exports one of the methods employed by the Board of Commissioners is
and government spending. Household consumption remains to hold joint meetings with the Board of Directors (Radirkom) in
the main contributor to economic growth, however, people’s line with the Board of Commissioners’ supervisory focus, as well
purchasing power, especially the lower middle segment, is still as Internal Commissioners’ Meetings (Rakom), both on a regular
facing challenges and has not fully recovered from the Covid-19 and incidental basis. The advice provided during these meetings
pandemic. is documented in letters from the Board of Commissioners to the
Board of Directors, addressing the relevant topics. Additionally,
The dynamics of geopolitics and global financial markets have advice to the Company’s Board of Directors may be conveyed
caused high uncertainty, thus encouraging the strengthening through committee meetings under the Board of Commissioners
of the US dollar and high US Treasuries (UST). This has a big and through field visits aimed at obtaining on-site information
influence on portfolio transfers and the Indonesian exchange to ensure the Company’s strategic implementation is carried out
rate. In an effort to maintain the stability of the Rupiah exchange effectively. The Board of Commissioners also provides opinions,
rate, Bank Indonesia decided to increase the benchmark interest advice, and responses to proposals from the Board of Directors,
rate (BI Rate) throughout 2024. It reached 6.25% in August which are formalized in letters, approval documents, or decisions
2024 before decreasing again to 6.00% in September 2024. The in accordance with its authority.
increase in the BI benchmark interest rate also had an impact
on the performance of the banking sector, especially the ability Throughout 2024, the Board of Commissioners held 22 (twenty-
to collect third party funds (TPF). In November 2024, banking two) joint meetings with the Board of Directors and 6 (six) Internal
industry Third Party Funds was recorded to only grow by 7.5% Commissioners’ Meetings, which covered several critical company
year on year, slightly lower than the peak in May 2024 of 8.6% issues, approval submissions, and the ratification of various
year on year. In the same period, credit growth was recorded at decisions in the Board of Commissioners’ resolutions. Approvals
10.8% year on year, a slight decrease compared to the peak in granted included the Company’s Work Plan and Budget, as well
April 2024 of 13.1%. However, the industrial LDR was still able as other strategic plans outlined in the Company’s Bank Business
to be maintained at 87.34% in November 2024. The quality Plan, approval of corporate actions undertaken by the Company
of industrial credit, which can be seen from the ratio of non- within the authority of the Board of Commissioners, approval of
performing loans (NPL), is still well-maintained at a level of fund provisions to related parties, approval of the Sustainable
2.19%. Finance Action Plan, and reviews of the Risk Appetite Statement,
Recovery Plan, Resolution Plan, and other matters under the
Furthermore, the 2025 global economic conditions will be marked authority of the Board of Commissioners as stipulated in the
by various challenges and dynamics. There are several risks that Articles of Association and applicable regulations.
mainly come from the slowdown in global trade, both caused by
geopolitical tensions and protectionist US trade policies under
President Trump’s leadership, to the dynamics of commitments Strategy Formulation and
to address climate change that can affect the global supply Implementation Supervision
chain. These things are believed to increase pressure on global
inflation. As for the domestic economy in 2025, it will depend on The Board of Commissioners continuously performs active
domestic sources. oversight of the Company’s risk-based strategies (risk-
based oversight) in accordance with its responsibilities and
The programs to support people’s purchasing power that authority. Throughout 2024, the Board of Commissioners has
have been prepared by the Government through the Asta Cita provided adequate advice, guidance, and recommendations to
framework, which has formulated various strategic projects to Management based on the results of this oversight, including the
support sustainable economic growth, is expected to encourage implementation of strategies, execution of Company policies,
good and healthy fundamental national economic growth. and granting specific approvals as stipulated within its authority.
The Board of Commissioners is optimistic that the synergy The advice, guidance, and recommendations provided include,
and coordination between the Government’s fiscal policy in among others:
58 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
1. Strategic Aspects include oversight of strategies for each 1. Letter No. R.12-KOM/02/2024, dated February 13, 2024,
business segment within the Company, macroeconomic regarding Feedback on the Performance of PT BRI (Persero)
projections, human capital strategy and roadmap, IT strategic Tbk for Q4 2023.
plan and enterprise architecture, network transformation, 2. Letter No. R.34-KOM/04/2024, dated April 30, 2024,
early fraud detection, strengthening risk management regarding Feedback on the Performance of PT BRI (Persero)
in business segments, governance and performance of Tbk for Q1 2024.
e-channels, progress of the implementation of Internal 3. Letter No. R.63-KOM/08/2024, dated August 6, 2024,
Control over Financial Reporting (ICoFR), as well as the regarding Feedback on the Performance of PT BRI (Persero)
progress of Environmental, Social, and Governance (ESG) and Tbk for Q2 2024.
green financing implementation. 4. Letter No. R.97-KOM/10/2024, dated October 23, 2024,
2. Credit Aspects include follow-up on the management of Loan regarding Feedback on the Performance of PT BRI (Persero)
at Risk (LaR), review of high-risk debtors’ conditions across Tbk for Q3 2024.
segments and products, oversight of the restructured debtor
portfolio, and assessment of asset quality and productive In addition to submitting the above reports, referring to Minister
asset portfolios. of State-Owned Enterprises Regulation No. PER-2/MBU/03/2023
3. Funding Aspects include oversight of BRI’s condition and dated March 3, 2023, concerning Guidelines for Governance and
strategy in managing liquidity positions and securities Significant Corporate Activities of State-Owned Enterprises, the
holdings, as well as monitoring the Company’s strategy and Board of Commissioners is required to prepare an annual report
conditions in fund accumulation. on the implementation of oversight and advisory functions for
4. Policy Aspects include oversight of the General Human the Board of Directors. In 2024, the Board of Commissioners has
Capital Policy, General Capital Investment Policy, General submitted reports related to its supervisory duties to the Ministry
Risk Management Policy, Policy on Bad Debt Write-Offs of State-Owned Enterprises, as follows:
for Micro, Small, and Medium Enterprises (MSMEs), review 1. Letter No. R.14-KOM/02/2024, dated February 19, 2024,
of the Risk Appetite Statement (RAS), Recovery Plan, and regarding Submission of the Supervisory Duties Report of
Resolution Plan. the Board of Commissioners of PT Bank Rakyat Indonesia
5. Financial Conglomeration Aspects include oversight of the (Persero) Tbk for 2023.
progress of transformation within Subsidiaries in alignment
with the Company’s direction to strengthen the integrated
governance framework, including risk management, View on the Board of Directors’
compliance, and integrated internal audit aspects, review Performance
of Subsidiaries’ portfolios, as well as the maturity level and
evaluation of BRI Group’s capital investment. BRI achieved positive financial performance despite economic
and liquidity challenges throughout 2024. As of December
Referring to the Financial Services Authority Regulation (POJK) 31, 2024, BRI’s total assets reached IDR1,992.98 trillion,
No. 5/POJK.03/2016 on Bank Business Plans, the Board of reflecting a growth of 1.4% year on year, primarily driven by loan
Commissioners is required to oversee the implementation of disbursement. In December 2024, BRI consolidatedly recorded
the Bank’s Business Plan, which includes management policies total loans, sharia and financing of IDR1,354.64 trillion. They
and strategies. The results of this oversight are documented grew 7.0% year on year compared to the previous year which
in the Business Plan Implementation Oversight Report, which amounted to IDR1,266.42 trillion. It is in line with BRI’s strategy
is submitted to the Financial Services Authority (OJK) every of encouraging selective and quality credit distribution. BRI’s
semester, as follows: credit growth during 2024 is mainly supported by the Corporate
1. Board of Commissioners’ Oversight Report of PT BRI (Persero) and Consumer segments, which respectively grew by 23.3% year
Tbk for Semester II of 2023, No. R.09-KOM/01/2023, dated on year and 10.0% year on year. Despite strong growth in the
January 31, 2024. Corporate segment, BRI remains committed to being an agent
2. Board of Commissioners’ Oversight Report of PT BRI (Persero) of development that strengthens MSMEs as the main pillar in the
Tbk for Semester I of 2024, No. R.57-KOM/07/2024, dated economic business pyramid in Indonesia, as seen from the loan
July 30, 2024. composition of the MSME segment which is still maintained at
81.97% of BRI’s total loan.
In 2024, the Board of Commissioners has provided feedback
on the Company’s quarterly performance achievements to the The commitment to focus on asset quality can also be seen in
Board of Directors, including a review of the implementation of improvements in BRI’s asset quality, where the ratio of non-
the Company’s strategies, as follows: performing loans (NPL) improved from 2.95% in 2023 to 2.78%
in 2024. The improvement in NPL was supported by accelerated
loan settlement which also changed due to Covid-19 which was
carried out throughout 2024.
PT Bank Rakyat Indonesia (Persero) Tbk 59
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Report of The Board of Directors
and Board of Commissioners
Going forward, BRI will continue to conduct business prudently In 2024 BRI will still be able to maintain profitability, as reflected
and remain alert to the potential regarding asset quality, in the Return on Assets (ROA) ratio recorded at 3.06% and Return
especially considering the condition of purchasing power. still on Equity (ROE) reaching 19.01%. Overall, BRI Group recorded
not fully recovered after the Covid-19 pandemic. Due to this, BRI a net profit of IDR60.64 trillion, growing 0.4% compared to last
still recorded adequate reserves, where BRI recorded loan CKPN year. The net profit growth contributed by BRI alone (bank only)
of IDR81.06 trillion with an NPL Coverage ratio of 215.01%. amounted to IDR54.84 trillion, increasing by 3.2% year on year
compared to the previous year’s IDR53.15 trillion.
In line with the declining NPL ratio, the Special Mention Loan
(SML) ratio improved slightly to 4.82%, down from 4.90% The Board of Commissioners appreciates BRI’s success in
in 2023. This decline was primarily attributed to substantial maintaining profitability amid highly challenging conditions
restructuring efforts amounting to over IDR49.40 trillion throughout 2024. The Board of Commissioners also acknowledges
throughout 2024. Meanwhile, loan write-offs increased to that the positive financial performance in 2024 could not have
IDR45.44 trillion, marking a 27.2% year on year. In line with been achieved without ongoing transformation efforts. This
the company’s efforts to accelerate the settlement of loans transformation has been implemented across various aspects at
restructured due to Covid-19 as well as weakening credit quality BRI, including human capital, business, operations, technology,
due to the impact of rising food inflation and El-Nino which has and Environmental, Social, and Governance (ESG). As part of
an impact on weakening people’s purchasing power, in the future, its commitment to expanding financial inclusion, BRI has also
BRI is committed to maintaining credit quality by implementing transformed the role of AgenBRILink from merely providing
the principle of prudence, continuously improving the quality of banking transaction services into a “lifestyle micro provider”
risk management, in order to produce a quality loan portfolio. that better serves micro customers’ needs and lifestyles. This
transformation consists of three phases: in the first phase,
On the liabilities side, BRI successfully raised total deposits of AgenBRILink acts as a payment and banking service provider. In
IDR1,365.45 trillion in 2024. Overall, liabilities experienced a the second phase, AgenBRILink takes on the role of marketing
modest growth of 0.5% year on year. In line with BRI’s strategy ultra-micro services, including both financial and non-financial
to optimize liabilities by prioritizing increasing Current Accounts services. Finally, at the third level, AgenBRILink functions as a
& Savings Accounts (CASA), BRI’s CASA ratio has reached 67.30% more comprehensive and integrated micro provider within the
increasing from the same period in the previous year of 64.35%. ultra-micro ecosystem.
The Board of Commissioners advised the Board of Directors to
focus on strengthening fundamental competencies to enhance Moving forward, the Board of Commissioners advises the Board of
liability growth through a transaction-based ecosystem, Directors to continuously accompany BRI’s transformation journey
expanding digital business models as a digital financial solution, by maintaining effective communication and collaboration at
and delivering a strong customer value proposition. This is all organizational levels, including with regulators and relevant
also realized through one of the Company’s strategies in 2024 stakeholders, to not only achieve sustainable growth but also
(strengthening retail banking capabilities). foster a healthy corporate culture.
On the revenue side, BRI recorded Net Interest Income (NII) of
IDR142.06, increasing 3.4% year on year. Positive NII growth View on the Business Prospects Prepared
encouraged BRI to record an NIM of 7.74% in 2024, where by the Board of Directors
BRI’s subsidiaries, namely PNM and Pegadaian, contributed 116
basis points to the consolidated NIM, or an increase from the The challenges of global and domestic economic growth
contribution in the same period last year of 109 basis points. The dynamics—driven by changing customer behavior, surging
Board of Commissioners emphasized the importance of fostering urbanization, geopolitical instability, and climate change issues—
optimal synergy between BRI and its subsidiaries to realize BRI’s are projected to persist in 2025. In response to these challenges
aspiration of becoming a one-stop financial solution. and as part of BRI’s efforts to foster sustainable growth, the
Company’s strategic initiatives undergo periodic evaluations. In
In terms of efficiency in 2024, BRI successfully maintained its Cost 2024, an evaluation was conducted on the implementation of the
to Income Ratio (CIR) at 41.59%, This achievement aligns with Long-Term Plan (RJP) or Corporate Plan BRIvolution 2.0 (2021–
BRI’s consolidated target guidance of 41-42%. The subsidiary 2025), which aspires to “Become the Most Valuable Banking
also succeeded in contributing to keeping cost growth under Group in Southeast Asia & Champion of Financial Inclusion”
control and reporting positive operational leverage, thereby with a focus on accelerating growth and expansion across the
helping to achieve CIR on a consolidated basis. group. Based on the evaluation results of BRIvolution 2.0, BRI
has continued its transformation through BRIvolution 3.0 (2025–
60 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
2029). Under BRIvolution 3.0, BRI has set a new aspiration:
View on the Bank’s Governance
“The Most Trusted Lifetime Financial Partner for Sustainable
Implementation
Growth.” While the previous transformation focused on scaling
the business, the next phase will emphasize transformation and
BRI is committed to consistently implementing good corporate
revitalization in fundamental aspects of BRI’s business model,
governance (GCG) at all organizational levels, adhering to various
particularly human capital and risk management.
regulations and best practices in corporate governance relevant to
the financial industry, to support the achievement of sustainable
Overall, the Board of Commissioners believes that the business
performance. In carrying out its supervisory function, the Board of
outlook presented by the Board of Directors in the Long-Term
Commissioners strives to ensure that the management conducted
Plan (RJP/Corporate Plan) for 2025–2029 is well aligned with
by the Board of Directors complies with applicable laws and
the Bank Business Plan (RBB) for 2025–2027. The formulated
regulations and provides the necessary advice on every strategic
business outlook is deemed relevant to the Company’s challenges
action to achieve the Company’s objectives. BRI enhances
while considering external trends and global and domestic
governance aspects through policy refinements, improvements
macroeconomic assumptions. The strategic plan has also been
in management processes, and optimization of results that
structured into destination statements for each phase or period,
contribute to increasing BRI’s value in the eyes of stakeholders.
ensuring alignment as part of BRIvolution 3.0’s transformation
These governance enhancements are evidenced by various
journey. Given the Company’s strong performance, albeit with a
recognitions from independent parties related to BRI’s corporate
tendency toward slight decline, the Board of Commissioners believes
governance implementation. Governance oversight is reflected in
that with a transformation supported by strong competencies and
providing input on policies and processes, including the anti-bribery
sound risk management, the Board of Directors will be able to
management system, whistleblowing system (WBS) management,
execute strategies effectively while maintaining competitiveness.
and the effectiveness of the compliance culture. BRI also conducts
intensive monitoring of the recommendations provided by the
Under this context, the Board of Commissioners advises the Board
Board of Commissioners to the Board of Directors through a digital
of Directors to continuously consider both the challenges and
dashboard and effective communication with each responsible
driving factors from previous transformation implementations
party for follow-up actions on the recommendations.
as key lessons for executing strategies and work programs under
BRIvolution 3.0. BRIvolution 3.0 introduces a strategy based
As part of the internal evaluation and assessment of GCG, BRI
on the theme of 6R, namely: Rapid CASA Growth, Re-invent
refers to POJK Number 17 of 2023 on Corporate Governance for
Micro to Sustain Market Leadership, Revamp Growth Engines,
Commercial Banks, SEOJK Number 13/SEOJK.03/2017, and other
Robust People Capabilities, Reinforced Risk Management, and
applicable regulations. Internal evaluations and assessments are
Re-imagine Data & Analytics. The Board of Commissioners
conducted through self-assessments every semester. The results
firmly believes that by focusing on this long-term strategy and
of these self-assessments form part of the bank’s soundness
maintaining a strong commitment to delivering financial services
level, which is submitted to regulators. Additionally, BRI also
with superior capabilities, BRI will be well-positioned to seize
considers governance evaluations and assessments from external
opportunities in the banking industry.
parties conducted independently.
The Board of Commissioners continues to urge the Board
The Bank Soundness Level consists of four assessment factors:
of Directors to implement human capital transformation
Risk Profile, GCG, Profitability, and Capitalization. In the second
holistically by ensuring alignment with all aspects of strategy
semester of 2024, BRI’s Bank Soundness Rating was at Composite
and organization, supported by strengthened risk management
Rating 2 (Healthy), indicating that the Bank is generally in a
and an embedded risk culture across all levels of employees.
healthy condition and is considered capable of withstanding
Furthermore, regarding the business outlook formulated by the
significant negative impacts from business condition changes
Board of Directors, the Board of Commissioners has approved
and other external factors. This Composite Rating remained
the Long-Term Plan (RJP) for 2025–2029, the Bank Business Plan
unchanged compared to the first semester of 2023. The Bank
(RBB) for 2025–2027, and the Company’s Work Plan and Budget
Soundness Rating assessment is reported to the regulator (OJK)
(RKAP) for 2025, considering various internal and external
every semester in June and December.
factors and conditions. The Board of Commissioners has granted
approval and provided directives and recommendations through
The Company’s corporate governance implementation is based
Board of Commissioners Letter No. R.119-KOM/11/2024, dated
on five fundamental GCG principles. In its application, the
November 28, 2024, regarding Approval of the Proposed RJP
Company conducts periodic self-assessments of 11 GCG factors as
2025–2029, RBB 2025–2027, and RKAP 2025.
stipulated by the regulator. The Board of Commissioners assesses
that the Company’s GCG implementation is good, as reflected in
the self-assessment results, which received a Rating of 2 (Good).
This assessment is conducted regularly and is not only limited to
the parent company but is also carried out in conjunction with
subsidiaries within the context of BRI’s financial conglomerate.
The self-assessment result for Integrated GCG implementation
also received a Rating of 2 (Good).
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This reflects that BRI Management has implemented GCG in The Company’s compliance risk profile is currently rated Risk
governance structure, governance process, and governance Level 2 (Low to Moderate). The Board of Commissioners assesses
outcome, which is generally categorized as Good. that the Company’s compliance function has been implemented
In 2024, the Company’s GCG assessment was also conducted by effectively. To maintain and enhance compliance awareness
external parties, with the following results: across all levels of the organization, the Board of Commissioners
1. ASEAN Corporate Governance Scorecard (ACGS) also encourages the Board of Directors to continuously refine
BRI received recognition as one of the Top 3 Public Limited its Good Corporate Governance (GCG) practices, particularly
Companies in Indonesia and was included in the ASEAN Asset concerning reporting compliance and fraud control. This includes
Class ranking in the 2023 ACGS assessment organized by the proactive preventive measures (ex-ante) to minimize the risk of
ASEAN Capital Market Forum (ACMF). violations and corrective actions (ex-post) as part of an ongoing
2. Corporate Governance Perception Index (CGPI) improvement effort.
BRI once again participated in the Corporate Governance
Perception Index (CGPI) assessment, conducted by The Anti-Fraud Strategy
Indonesian Institute for Corporate Governance (IICG),
achieving the title of Most Trusted Company with an index BRI has established an Anti-Fraud Strategy Policy in accordance
score of 95.31. with Financial Services Authority Regulation No. POJK Number 12
3. S&P Global Corporate Sustainability Assessment (CSA) of 2024 concerning the Implementation of Anti-Fraud Strategies
In 2024, BRI achieved a score of 75 in the S&P Global CSA for Financial Services Institutions, which has been formalized
assessment. into the Company’s internal policies. This policy reflects
management’s commitment to fraud control, implemented
The implementation of GCG within the Company has been within the fraud control system, and underscores the serious
running effectively, as evidenced by the following components. attention of the Board of Commissioners and the Board of
Directors, enforcing a zero-tolerance policy for all forms of fraud,
Implementation of Compliance Functions both internal and external.
The implementation of BRI’s Compliance Function refers to Throughout 2024, fraud incidents involving both internal and
Financial Services Authority Regulation No. 46/POJK.03/2017, external perpetrators were still observed. In response, the
dated July 12, 2017, concerning the Implementation of the Board of Commissioners has provided recommendations for
Compliance Function for Commercial Banks. The Board of improving controls to mitigate potential losses and reaffirm its
Directors is committed to ensuring compliance with all applicable serious commitment to fraud prevention and control efforts. The
laws and regulations. As a demonstration of this commitment, the Management continues to enhance the implementation of the
Compliance Function Unit consistently plays a role in identifying Anti-Fraud Strategy across all four pillars.
potential compliance risks and providing recommendations to
ensure that all policies, procedures, and business activities of In Pillar 1, Prevention, the Company has undertaken several
the Company, at both strategic and operational levels, adhere measures, including: signing an integrity pact, starting from
to regulatory requirements. The Board of Commissioners also the Board of Directors and the Board of Commissioners to
ensures that routine reporting on the implementation of the all BRI Employees; conducting various employee awareness
compliance function is conducted transparently so that all and customer awareness programs through education and
policies are based on prudential principles and comply with socialization initiatives; identifying vulnerabilities through an
regulatory provisions, including the implementation of Good analysis of control weaknesses that have caused and/or have the
Corporate Governance (GCG) principles, fostering an operational potential to cause fraud based on various sources of information;
environment that is transparent, accountable, and highly ethical. and enhancing the Know Your Employee (KYE) process, aimed at
detecting employees with a high risk of committing fraud based
The Board of Commissioners, alongside the Board of Directors, on specific parameters (e.g., online loans, online gambling).
continues to encourage the optimal execution of the compliance
function across all organizational levels, with an emphasis In Pillar 2, Detection, the Company has received several
on continuous improvement. The Board of Commissioners complaints, including: WBS reports on violations and indications
consistently advises the Board of Directors and all employees of fraud through various channels such as SMS, Letters,
to strengthen the compliance culture, adhere to Standard Telephone, Email, Website, and WhatsApp; conducted sudden
Operating Procedures (SOPs) and operational guidelines, and inspections; enhanced various monitoring dashboards by adding
ensure continuous monitoring and oversight. Additionally, the several crucial indicators; upgraded rules in the Fraud Detection
Board of Commissioners emphasizes the need for the Board of System (FDS); and other measures.
Directors to promptly fulfill commitments and follow up on audit
findings from external parties and regulators. Moreover, the Board In Pillar 3, Investigation, Reporting, and Sanctions, the Company
of Commissioners urges the Board of Directors to ensure that has undertaken actions such as: investigating reported fraud
the implementation of the Anti-Money Laundering (AML) and cases and incident reports on significant fraud that could disrupt
Counter-Terrorism Financing (CTF) policies remains a top priority the Bank’s operations in accordance with applicable regulations
in supporting banking services, aligning with regulatory standards. to the Regulator; reporting fraud incidents and recovery efforts;
and imposing sanctions on fraud perpetrators.
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In Pillar 4, Monitoring, Evaluation, and Follow-Up, the Company 3. Education and Socialization Program
has conducted activities including: holding the Risk Management As part of the internalization efforts to enhance understanding
Forum (FMR) to discuss handling internal and external fraud; of Anti-Bribery and Gratification Control Regulations,
implementing the Fraud Recovery Program aimed at securing the Gratification Control Unit, in collaboration with BRI
recovery from fraud perpetrators and involved parties; and Corporate University through the BRISmart application, has
collaborating with law enforcement authorities to apprehend conducted an e-learning-based socialization program on
internal and external fraud perpetrators. Anti-Bribery and Gratification Control for all BRI employees.
4. Reporting of Gratification Acceptance/Rejection
The Board of Commissioners has also conducted monitoring Throughout 2024, the Gratification Control Unit received 17
and evaluation of the Anti-Fraud Strategy on a semester basis, (seventeen) gratification reports, of which 1 (one) report was
reviewed reports on significant fraud incidents, and provided input forwarded to the Corruption Eradication Commission (KPK)
to the Board of Directors to strengthen the Anti-Fraud Strategy as a mandatory gratification report, while the remaining
across all pillars. Furthermore, the Board of Commissioners has 16 (sixteen) reports were classified as non-mandatory
monitored corrective actions and recovery efforts related to gratification reports.
fraud incidents. The Board of Commissioners consistently urges
the Board of Directors and all BRI personnel to remain vigilant The Board of Commissioners believes that gratification control
against all forms of fraud, safeguard the Company’s reputation, within the Company has been effectively implemented. The
and uphold public trust. Board also emphasizes that internal gratification control must be
continuously reinforced to ensure that BRI’s business processes
Gratification Control adhere to ethical business practices and uphold the value of
integrity.
BRI remains committed to managing gratification control through
the implementation of its Anti-Bribery and Gratification Control Whistleblowing System
Policy. This policy serves as a guideline for all BRI personnel
to prevent gratification and bribery practices that could harm To implement the Company’s commitment to Good Corporate
the Company and contradict the principles of Good Corporate Governance (GCG) and support the detection pillar in the Anti-
Governance (GCG). This commitment is realized by establishing Fraud Strategy as regulated by the regulator, the Company has
a conducive control environment in accordance with the Board undertaken efforts to identify potential fraud occurrences. To this
of Directors’ Circular Letter on Anti-Bribery and Gratification end, the Company provides a reporting platform that is managed
Control at BRI. transparently and fairly through the Whistleblowing System
(WBS). The WBS violation reporting process is a strategic measure
The Company has established the BRI Gratification Control Unit, to prevent violations and mitigate the risk of negative publicity
which develops work programs, provides information services, and against the Company. The Board of Commissioners views the WBS
facilitates gratification reporting. Additionally, BRI continuously implementation as a tool to enhance GCG adherence, ensuring
enhances anti-fraud detection using big data analytics to improve behavior aligns with ethical codes and corporate culture. In 2024,
the effectiveness of monitoring and prevention of activities that the Board of Commissioners has provided feedback and input
do not align with corporate governance principles. regarding the effectiveness of BRI’s Whistleblowing System. A
total of 48 (forty-eight) complaint were received, covering 63
Throughout 2024, the Company has implemented various (sixty-three) sub-indications of violations.
gratification control programs, including:
1. Commitment to Gratification Control The Board of Commissioners consistently conducts regular
The Board of Commissioners, Board of Directors, and all monitoring and supervision to ensure the WBS system operates
employees have signed a commitment to anti-gratification optimally. The Board is supported by the Audit Committee,
measures as part of the code of ethics statement and Internal Audit Unit (SKAI), and other relevant units in evaluating,
integrity pact. analyzing, and following up on received reports, ensuring that
2. Reinforcement of Regulations every complaint is handled with transparency, accountability, and
To strengthen the implementation of Good Corporate confidentiality.
Governance (GCG) principles and prevent corruption within
BRI, the Board of Commissioners, Board of Directors, and all The Board of Commissioners believes that, overall, the
BRI employees across Indonesia are required to comply with management of WBS within the Company throughout 2024
corporate gratification policies. These include prohibition has been effective. This is reflected in the implementation
on giving gratification, prohibition on receiving and the of the Company’s Whistleblowing System application which
obligation to refuse gratification, and obligation to report is integrated with the Corruption Eradication Committee
any gratification violations through the Whistleblowing (KPK) as a form of joint commitment in efforts to eradicate
System (WBS). criminal acts of corruption. Additionally, the Company remains
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Report of The Board of Directors
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committed to protecting whistleblowers, aiming to encourage As the Main Entity in the BRI financial conglomerate,
whistleblowers to report suspected violations while safeguarding the implementation of Integrated Risk Management is
them from potential retaliation by reported parties. The Board crucial to understanding risk exposure that may arise from
of Commissioners continues to provide direction to the Board financial conglomerate activities in an integrated manner.
of Directors to intensify socialization efforts regarding WBS Therefore, Integrated Risk Management must be carried out
implementation, to foster a clean, professional, and highly comprehensively, with the Board of Commissioners receiving
ethical work environment. support from the Integrated Governance Committee in its
supervisory role. The supervisory approach is conducted through
Implementation of Risk Management capital management and risk management in operations and
business, covering all organizational levels within BRI and its
Amid the challenges of global and domestic economic uncertainty, Financial Conglomerate members. In applying both consolidated
which may pose future risks, the Board of Commissioners and integrated risk management, BRI has established the BRI
continues to enhance supervision over the effectiveness of risk Financial Conglomerate Integrated Governance Guidelines,
management implementation, ensuring sustainable business ensuring compliance with applicable regulations in Indonesia.
growth. Additionally, BRI has formed the Integrated Risk Management
Unit, the Integrated Compliance Unit, the Integrated Internal
BRI has established a Governance, Risk Management & Audit Unit. Each of these units reports directly to the respective
Compliance (GRC) framework to control risks and ensure Directors or Senior Executive Vice Presidents (SEVPs) in charge.
compliance across business and support pillars, enabling the
achievement of BRI’s performance targets through operational The Board of Commissioners believes that BRI’s risk management
excellence. The risk management framework consists of four key system has been effectively implemented and proactively
pillars: managed, maintaining both the risk profile level and bank
1. Active supervision by the Board of Directors and the Board of soundness level throughout 2024. This is reflected in the self-
Commissioners assessment results for key banking risks, which indicate that by
2. Adequacy of risk management policies and procedures, Q4 2024, the company maintained a Composite Risk Profile rating
including risk limit determination at “Low to Moderate” and a bank soundness level at “Healthy.”
3. Adequacy of risk identification, measurement, monitoring, Moving forward, the Board of Commissioners advises the Board
and control processes, along with a supporting information of Directors to continue maintaining both the risk profile rating
system and bank soundness level, not only for BRI but also at the BRI
4. Comprehensive internal control system Group level.
To ensure active oversight of risk management implementation, Internal Control System
the Board of Commissioners is supported by the Risk
Management Oversight Committee. This committee ensures that All Management and Employees of BRI have a role and
BRI’s risk management meets the required standards in terms responsibility to ensure the implementation and continuous
of procedures and methodologies. Supervision is conducted improvement of a reliable and effective internal control system.
through meetings with the Director of Risk Management and The Board of Commissioners oversees the implementation of the
other relevant Directors, depending on the discussion topics. internal control system through regular meetings with the Board
Additionally, direct discussions with the Risk Management Unit of Directors and Executive Officers to discuss its effectiveness and
are held to review reports submitted by the Board of Directors. In provide guidance on strengthening internal controls across all the
2024, the Board of Commissioners’ supervisory activities included Company’s activities. The Internal Audit Unit (SKAI) periodically
reviewing approvals for the General Risk Management Policy, the reports the audit findings conducted by both internal and
Risk Appetite Statement, the Recovery Plan and Resolution Plan, external auditors, along with their follow-up results. Additionally,
the Loan Portfolio Guideline, the Quarterly Risk Profile, the Anti- SKAI regularly conducts Internal Control Assessments to ensure
Fraud Strategy, and other key risk-related policies. that the internal control system—covering five key components—
is effectively implemented. These five components refer to
The Committee of Sponsoring Organizations of the Treadway
Commission (COSO) - Internal Control Integrated Framework,
which includes Control Environment, covering Management
Oversight and Control Culture, Risk Recognition and Assessment,
Control Activities and Segregation of Duties, and Accounting,
Information, and Communication Systems.
64 PT Bank Rakyat Indonesia (Persero) Tbk
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The Board of Commissioners also plays an active role in Additionally, BRI has submitted the 2024 Communication on
overseeing and fostering a control culture at BRI, supported by Progress Report, detailing BRI’s impact on governance, human
the Audit Committee. This aims to ensure that risk management rights, labor, the environment, and anti-corruption, which has
remains within the defined risk appetite and that governance been published on the UNGC website. To enhance accountability
processes and systems are effectively and adequately and the quality of information disclosure regarding the
implemented. Through the Audit Committee, the effectiveness implementation of sustainable finance at BRI, the IFRS S1 and S2
of the Company’s internal control system is regularly monitored, approaches have also been adopted in BRI’s 2024 Sustainability
along with follow-ups and corrective actions on issues that Report.
could potentially reduce the system’s effectiveness. Based
on the assessment conducted throughout 2024, the Board of On the social aspect, BRI consistently makes a real contribution
Commissioners has determined that the Company’s internal to economic equity in Indonesia, primarily by expanding
control system has been implemented in accordance with the financial inclusion. Throughout 2024, BRI focused on scaling
applicable control principles, and overall, the quality of the up and expanding the services and product coverage of BRI
internal control system has been well maintained. Group. However, BRI also remains committed to community
empowerment, especially in the MSME (Micro, Small, and
As business expands, the Company faces various challenges and Medium Enterprises) sector. A holistic approach has been taken
business risks that demand stronger internal control systems through mapping four levels of entrepreneurship, namely:
to remain relevant in preventing potential losses. To enhance unfeasible unbankable, unfeasible bankable, feasible unbankable,
internal control quality, the Company has strengthened its and feasible Bankable, which has been integrated through the
framework through the implementation of a roadmap for presence of the Ultra Micro (UMi) Holding. In 2024, BRI conducted
Internal Control over Financial Reporting (ICoFR), aligned with the Special Training Program for Women MSME Entrepreneurs,
a structured journey. This implementation aims not only to holding 2,027 financial and digital literacy training sessions,
ensure the reliability of consolidated financial reports but also attended by 113,125 female UMi entrepreneurs from Mekaar
to improve business process efficiency and effectiveness based Groups.
on internal controls, maximize data and information accuracy,
reinforce the adequacy of policies and regulations, and cultivate Regarding the environmental aspect, BRI remains committed to
a risk-aware culture. achieving Indonesia’s Net Zero Emission (NZE) target by 2060,
with a specific goal of BRI reaching net-zero emissions by 2050 in
Furthermore, ICoFR is designed to provide reasonable assurance line with the Science-Based Target Initiative (SBTi) methodology.
as an early warning system, ensuring that all levels (lines of Notably, BRI has become the first financial institution in Indonesia
defense) work synergistically in executing the combined assurance to have its near-term NZE target calculations approved by SBTi.
function. This ultimately enhances value for stakeholders. The This commitment has been integrated into BRI’s internal risk
Board of Commissioners encourages management to remain rating methodology, including Credit Risk Rating (CRR), Credit
committed to strengthening the internal control system Risk Scoring (CRS), and Implementation of Climate Risk Stress
and to ensure that ICoFR is consistently implemented across Testing (CRST).
subsidiaries, thereby supporting a higher level of quality and
integrated governance. In its operational activities, BRI also considers climate risk
as a key factor in financing decisions. Furthermore, all BRI
Corporate Social Responsibility personnel, from top management setting the tone from the
top to employees, consistently implement green initiatives and
BRI has adopted a sustainability strategy to become a “World- internalize a sustainable work culture. Several green initiatives
Class Sustainable Banking Group”, focusing on Environmental, have been undertaken, including optimizing digital tools to
Social, and Governance (ESG) dimensions. BRI’s commitment reduce paper and plastic usage, internalizing an energy-saving
to sustainable business practices is reflected through various culture, implementing the Green Network, providing electric
activities and initiative programs implemented throughout 2024. vehicles for employees, and installing solar panels in several BRI
business units.
To promote sustainable governance practices, BRI consistently
identifies material issues from the perspective of its stakeholders. To support BRI’s consistency in implementing its sustainable
This information is gathered through various efforts, including finance roadmap, the Board of Commissioners actively oversees
surveys, media analysis, questionnaires, and other methods. these efforts through joint meetings with the Board of Directors
In 2024, BRI received 3,644 feedback entries from various and on-site field visits. This includes approving the 2024 BRI
stakeholders, such as BRI Management and Employees, Sustainable Finance Action Plan, ensuring that its programs are
Investors, Customers, Government, Suppliers, Non-Governmental consistently implemented and that a culture of sustainability is
Organizations (NGOs), and other parties. These efforts are carried adopted at all levels, down to the lowest organizational units.
out while adhering to the ten universal principles promoted by
the United Nations Global Compact (UNGC).
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The Board of Commissioners advises that BRI remains focused 3. Nomination and Remuneration Committee
on implementing sustainable finance principles, ensuring they The Nomination and Remuneration Committee is responsible
are consistently aligned with the company’s vision and mission. to the Board of Commissioners to support the effectiveness of
the Board of Commissioners’ duties and responsibilities related
to the Nomination and Remuneration of the members of the
Performance Assessment of the Board of Directors and Board of Commissioners in accordance
Committees under the Board of with applicable laws and regulations as well as the principles of
Commissioners Good Corporate Governance. The appointment and dismissal of
the members of the Nomination and Remuneration Committee
To support the active role of the Board of Commissioners are carried out by the Board of Commissioners.
in carrying out its duties and responsibilities, the Board of
Commissioners have established four committees, namely: To support the effectiveness of the Board of Commissioners’
1. Audit Committee supervision, the Nomination and Remuneration Committee
The Audit Committee is responsible to the Board of carries out activities including, among others: providing
Commissioners, providing independent opinions on matters advice and constructive input on the nomination system
requiring attention of the Board of Commissioners, in accordance and procedures for Management and the selection of
with GCG principles and applicable laws and regulations. Management talents for BRI and its Subsidiaries, providing
input on the results of strategic human capital policy studies,
Supervision carried out by the Audit Committee includes evaluating the talent pool list, providing recommendations
evaluating and ensuring the effectiveness of the implementation on proposed approvals for Subsidiary Management in
of internal control including the implementation of both internal accordance with its authority, formulating the structure,
and external audits and their follow-up, the effectiveness of policies, and remuneration amount for the Board of
independent auditors, compliance with regulations in the Directors and Board of Commissioners, and other tasks
Company, ensuring the function of the Whistleblowing System that are presented in detail in each section of the Board of
(WBS) as a transparent complaint facility, monitoring and Commissioners’ Committees.
providing input on the design process and implementation
journey of ICoFR and the implementation of integrated internal The Board of Commissioners considers that the Nomination
control, and other tasks that are conveyed in detail to each and Remuneration Committee has carried out its duties and
section of the Board of Commissioners Committee. responsibilities well throughout 2024, with a total of 25
(twenty-five) meetings held.
The Board of Commissioners considers that the Audit 4. Integrated Governance Committee
Committee has effectively carried out its duties and The Integrated Governance Committee is responsible to
responsibilities in 2024, as demonstrated by holding 21 the Board of Commissioners for carrying out supervisory
meetings throughout the year. duties related to comprehensive and effective governance,
which applies the principles of transparency, accountability,
2. Risk Management Monitoring Committee responsibility, independence or professionalism, and fairness
Risk Management Monitoring Committee is responsible to the in an integrated manner within the Financial Conglomerate.
Board of Commissioners to assist in carrying out evaluations
and ensuring that the implementation of risk management in The monitoring activities carried out by the Integrated
the Company meets the elements of adequacy in procedures Governance Committee include continuous improvement
and risk management methodologies. processes for policies, procedures, and practices at all
levels within the Company to ensure the implementation of
The monitoring activities carried out by the Risk Monitoring internal control, compliance functions, and risk management
Committee include, among others, evaluating and analyzing in an integrated manner.
the Company’s quarterly risk profile reports, monitoring the
Bank’s Soundness Level on a semi-annual basis, providing The Board of Commissioners considers that the Integrated
recommendations or opinions on credit approvals above Governance Committee has carried out its duties and
a certain amount that require consultation with the Board responsibilities well throughout 2024, having held a total of
of Commissioners, conducting an analysis of the recovery 21 (twenty-one) meetings.
and resolution plan, conducting an analysis and providing
recommendations on key issues of BRI, and other tasks The implementation of the Committees’ work plans is
that are presented in detail in each section of the Board of carried out, among others, through Committee Meetings
Commissioners’ Committees. by inviting Directorates and Subsidiaries, discussion forums
with Divisions and related Business units, either directly or
The Board of Commissioners considers that the Risk indirectly, by evaluating the reports received, which are then
Monitoring Committee has carried out its duties and reviewed by each Committee. The results of these reviews are
responsibilities well throughout 2024, with a total of 42 submitted in writing to the Board of Commissioners.
(forty-two) meetings held.
66 PT Bank Rakyat Indonesia (Persero) Tbk
Page 69
2024 Annual Report
Changes in the Composition of the Board Composition of the Board of Commissioners
of Commissioners After the Annual General Meeting of
Shareholders on March 1, 2024
Throughout 2024, there has been one change in the composition
of the Company’s Board of Commissioners, as explained below: Based on the resolution of the Annual General Meeting of
Shareholders (AGMS) on March 1, 2024:
Composition of the Board of Commissioners 1. Honorably dismissed Hendrikus Ivo as the Company’s
Before the Annual General Meeting of Independent Commissioner.
Shareholders on March 1, 2024 2. Appointed Haryo Baskoro Wicaksono as the Company’s
Independent Commissioner.
The composition of the Board of Commissioners before the
Annual General Meeting of Shareholders (AGMS) on March Thus, as of December 31, 2024, the composition of the
1, 2024, consisted of 10 (ten) members, comprising: 1 (one) Company’s Board of Commissioners consists of 10 (ten)
President Commissioner, 1 (one) Vice President Commissioner/ members, comprising 1 (one) President Commissioner, 1 (one)
Independent Commissioner, 6 (six) Independent Commissioners, 2 Vice President Commissioner/Independent Commissioner, 6
(two) Commissioners. All members of the Board of Commissioners (six) Independent Commissioners, and 2 (two) Commissioners, in
were domiciled within the Head Office working area of BRI. The accordance with applicable regulations.
composition of the Board of Commissioners before the AGMS on
March 1, 2024, was as follows: Kartika Wirjoatmodjo : President Commissioner
: Vice President Commissioner/
Kartika Wirjoatmodjo : President Commissioner Rofikoh Rokhim
Independent Commissioner
: Vice President Commissioner/ Rabin Indrajad Hattari : Commissioner
Rofikoh Rokhim
Independent Commissioner
Awan Nurmawan Nuh : Commissioner
Rabin Indrajad Hattari : Commissioner
Dwi Ria Latifa : Independent Commissioner
Awan Nurmawan Nuh : Commissioner
Heri Sunaryadi : Independent Commissioner
Hendrikus Ivo : Independent Commissioner
Paripurna Poerwoko Sugarda : Independent Commissioner
Dwi Ria Latifa : Independent Commissioner
Agus Riswanto : Independent Commissioner
Heri Sunaryadi : Independent Commissioner
Nurmaria Sarosa : Independent Commissioner
Paripurna Poerwoko Sugarda : Independent Commissioner
Haryo Baskoro Wicaksono : Independent Commissioner
Agus Riswanto : Independent Commissioner
Nurmaria Sarosa : Independent Commissioner
Closing
The Board of Commissioners expresses its gratitude for the trust given by shareholders and stakeholders. Appreciation is also extended to
the Board of Directors, management, and all Insan Brilian for their unwavering support and best contributions. The Board of Commissioners
hopes that all levels of the Company will continue to formulate both short-term and long-term strategies that are precise and capable
of leading the Company toward better and sustainable growth.
Jakarta, February 17, 2024
On behalf of the Board of Commissioners
Kartika Wirjoatmodjo
President Commissioner
PT Bank Rakyat Indonesia (Persero) Tbk 67
Page 70
Report of The Board of Directors
and Board of Commissioners
1 2 3 4 5
1. Awan Nurmawan Nuh : Commissioner, 4. Haryo Baskoro Wicaksono : Independent Commissioner,
2. Agus Riswanto : Independent Commissioner, 5. Kartika Wirjoatmodjo : President Commissioner
3. Nurmaria Sarosa : Independent Commissioner,
68 PT Bank Rakyat Indonesia (Persero) Tbk
Page 71
2024 Annual Report
6 7 8 9 10
6. Rofikoh Rokhim : Vice President Commissioner/ 9. Heri Sunaryadi : President Commissioner,
Independent Commissioner, 10. Paripurna Poerwoko Sugarda : President Commissioner
7. Rabin Indrajad Hattari : Commissioner,
8. Dwi Ria Latifa : President Commissioner,
PT Bank Rakyat Indonesia (Persero) Tbk 69
Page 72
Report of The Board of Directors
and Board of Commissioners
2024 Annual Report
Responsibilities
Statement Letter of Members of the Board of Directors
Regarding Responsibility for the 2024 Annual Report of
PT Bank Rakyat Indonesia (Persero) Tbk
We, the undersigned, declare that all information in the 2024 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, February 17, 2025
The Board of Directors
Sunarso
President Director
Catur Budi Harto Viviana Dyah Ayu R.K.
Vice President Director Director of Finance
Supari Amam Sukriyanto Handayani
Director of Micro Business Director of Commercial, Small, & Medium Business Director of Consumer Business
Arga Mahanana Nugraha Ahmad Solichin Lutfiyanto Agus Winardono
Director of Digital & Information Technology Director of Compliance Director of Human Capital
Agus Sudiarto Agus Noorsanto Andrijanto
Director of Risk Management Director of Wholesale & Institutional Business Director of Retail Funding & Distribution
70 PT Bank Rakyat Indonesia (Persero) Tbk
Page 73
2024 Annual Report
Statement Letter of Members of the Board of Commissioners
Regarding Responsibility for the 2024 Annual Report of
PT Bank Rakyat Indonesia (Persero) Tbk
We, the undersigned, declare that all information in the 2024 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, February 17, 2025
The Board of Commissioners
Kartika Wirjoatmodjo
President Commissioner
Rofikoh Rokhim Heri Sunaryadi Rabin Indrajad Hattari
Vice President Commissioner/ Independent Commissioner Commissioner
Independent Commissioner
Awan Nurmawan Nuh Dwi Ria Latifa Paripurna Poerwoko Sugarda
Commissioner Independent Commissioner Independent Commissioner
Agus Riswanto Nurmaria Sarosa Haryo Baskoro Wicaksono
Independent Commissioner Independent Commissioner Independent Commissioner
PT Bank Rakyat Indonesia (Persero) Tbk 71
Page 74
Company
Profile
72 PT
PTBank
BankRakyat
RakyatIndonesia
Indonesia(Persero)
(Persero)Tbk.
Tbk
Page 75
“BRI’s business journey began in 1895, BRI’s service reach to all customers is always guaranteed with the presence of 7,558 domestic business units and 9 overseas business units as well as the largest e-channel network in all corners of Indonesia.” PT Bank Rakyat Indonesia (Persero) Tbk. 73
Page 76
Company
Profile
Company
Identity
Office Network Data
• 1 Head Office • 7.014 Sub-Branch Offices*
• 18 Regional Office • 3 Sub-Branch Overseas Offices
• 18 Regional Audit Office • 69 Mobile BRI Terraces
• 453 Branch Office • 4 Terraces BRI Ships
• 6 Branch Overseas Offices
Company Name *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
PT Bank Rakyat Indonesia (Persero) Tbk Office as Sub-Branch Office. As of December 31, 2024, there were 7,014 Sub-Branch Offices
with details of 555 Sub-Branch Offices, 5,086 BRI Units, 873 Teras BRI and 500 Cash Offices.
Stock
Information Access
BBRI Head Office
Sentra BRI
Jl. Jend Sudirman Kav 44-46, Jakarta 10210
Telp : (021) 251-0244, 251-0254,
Authorized Capital
251-0264, 251-0269, 251-0279
Fax : (021) 250-0077
IDR
15,000,000,000,000 Website : www.bri.co.id
Corporate Secretary
Agustya Hendy Bernadi
Fully Paid-In Capital
Corporate Secretary Division
Gedung BRI I, Lt.15, Jl. Jend Sudirman Kav 44-46, Jakarta 10210
IDR
7,577,950,080,200 Telp : (021) 5751966
Fax : (021) 5700916
Email : humas@bri.co.id
Date of Establishment
Investor Relation
December 16, 1895 Bret Ginesky
Investor Relation Division
Gedung BRI II lt. 7 Jl. Jend Sudirman Kav 44-46, Jakarta 10210
Line of Business Telp : (021) 575 2019
Fax : (021) 575 2010
Banking Email : ir@bri.co.id
Website : www.ir-bri.com
Number of employees
Contact Center
81,848 people as of December 31, 2024
Contact BRI : 1500017
Email : callbri@bri.co.id
Listing in Indonesia stock exchange Sabrina Whatsapp : 0812-12-14017
The Company’s shares were listed on the Jakarta Stock Exchange
(now the Indonesia Stock Exchange) on November 10, 2003. Ownership
Indonesian Government : 53,19%
Public : 46,81%
Social Media
@BRIofficialpage @bankbri_id, @kontakBRI, @promo_BRI
@bankbri_id @bankbri_id
BANK BRI PT Bank Rakyat Indonesia (Persero) Tbk
46,81% 53,19%
Public Indonesian Government
Legal Basis of Establishment
Law no. 21 of 1968
74 PT Bank Rakyat Indonesia (Persero) Tbk
Page 77
2024 Annual Report
Office Addresses and/or Branch Offices
or Representative Offices
Regional Office
Yogyakarta Bandar Lampung Bandung
Jl. Cik Di Tiro No. 3 Terban, Gondokusuman, Jl. Raden Intan No. 51, Kel. Tanjung Karang Menara BRI Tower
Kota Yogyakarta Kec. Enggal, Kota Bandar Lampung, Lampung Jl. Asia Afrika 57 - 59, Kel. Braga,
Telp : (0274) 520270, 510850 Telp : (0721) 259340 Kec. Sumur Bandung, Bandung
Faks : (0274) 514166 Faks : - Telp : (022) 4200356
Email : h0197@corp.bri.co.id Email : j0449@corp.bri.co.id Faks : (022) 4232038
Web : www.bri.co.id Web : www.bri.co.id Email : f0198@corp.bri.co.id
Web : www.bri.co.id
Banjarmasin Denpasar Jakarta 1
Jl. Jend A. Yani KM 3,5 No. 151 Banjarmasin Jl. Dr. Kusuma Atmaja No. 1, Jl. Veteran II No. 8, Kel. Gambir,
Kec. Banjarmasin Timur, Kel. Kebun Bunga Renon Denpasar Kec. Gambir Jakarta Pusat
Kalimantan Selatan Telp : (0361) 228715 Telp : (021) 3840802
Telp : (0511) 3252056 Faks : (0361) 234796, 225791, 264858 Faks : (021) 3854253
Faks : - Email : m0203@corp.bri.co.id Email : e0199@corp.bri.co.id
Email : l0204@corp.bri.co.id Web : www.bri.co.id Web : www.bri.co.id
Web : www.bri.co.id
Jakarta 2 Jakarta 3 Jayapura
Gedung Menara Mulia Lt. 12 Jl. Kapten Soebianto Djojokusumo Kav BSD II Gedung BRI Lantai 3-5. Jalan Pasific Permai
Jl. Jend. Gatot Subroto Kav. 9-11, Kel. Karet No.1, BSD Kel. Lengkong Gudang, Kec. Serpong, Komplek Ruko Dok 2 Jayapura
Semanggi, Kec. Setiabudi, Jakarta Selatan Kota Tangerang Selatan Telp : (0967) 524488, 524453
Telp : (021) 52920585, 52920581 Telp : (021) 22230155 Faks : -
Faks : - Faks : - Email : o0856@corp.bri.co.id
Email : i0317@corp.bri.co.id Email : q0853@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 75
Page 78
Company
Profile
Makassar Malang Manado
Jl. Jl. Ahmad Yani No. 8 Kel. Pattunuang Jl. Laksamana Martadinata No. 80 Jl. Sarapung No 4-6 Kel. Wenang Utara
Kec. Wajo , Kota Makassar Kel. Sukoharjo Kec. Klojen Kota Malang Kec. Wenang Kota Manado, Sulawesi Utara
Telp : (0411) 3613174, 312498 Telp : (0341) 474949 Telp : (0431) 863778, 863592
Faks : (0411) 312731 Faks : - Faks : -
Email : p0202@corp.bri.co.id Email : r0854@corp.bri.co.id Email : n0254@corp.bri.co.id
Web : www.bri.co.id Web : www.bri.co.id Web : www.bri.co.id
Medan Padang Palembang
Jl. Putri Hijau No. 2.A Kel. Kesawan Jl. Bagindo Azis Chan No. 30 Kel. Sawahan, Jl. Kapten A. Rivai No. 15, Kel Sungai Pangeran
Kec. Medan Barat Kota Medan Kec. Padang Timur Kota Padang Kec. Ilir Timur I Kota Palembang
Telp : (061) 45256666 Telp : (0751) 892309, 892310, 892311, Telp : (0711) 313411
Faks : - 892312 Faks : -
Email : b0201@corp.bri.co.id Faks : - Email : d0200@corp.bri.co.id
Web : www.bri.co.id Email : c0205@corp.bri.co.id Web : www.bri.co.id
Web : www.bri.co.id
Pekanbaru Semarang Surabaya
Jl. Jenderal Sudirman No. 12 Kel. Tangkerang Jl. Teuku Umar no 24 Kel. Jatingaleh Gedung BRI Tower
Tengah Kec. Marpoyan Damai, Kota Pekanbaru Kec. Candisari Kota Semarang Jl. Basuki Rahmat No.122 - 138, Embong
Telp : (0761) 8011100, 7865018 Telp : (024) 8440728, 8440729, 8440730 Kaliasin, Kec. Genteng, Kota Surabaya
Faks : - Fax : (024) 8445632 Telp : (031) 5324225
Email : x0855@corp.bri.co.id Email : g0196@corp.bri.co.id Faks : -
Web : www.bri.co.id Web : www.bri.co.id Email : k0146@corp.bri.co.id
Web : www.bri.co.id
Overseas Branch Office
BRI New York Agency BRI Hong Kong Representative Office BRI Cayman Island Branch
140 Broadway, 36th Floor Room 2211, 22/F. Lippo Centre Tower 2 190 Elgin Avenue Grand Cayman,
New York, NY 10005 89 Queensway, Hong Kong KY1-9005, Cayman Islands
Telp : +1 (212) 379 3840-45 Telp : +852 2527 1318 Telp : +1 (212) 379 3840-45
Faks : +1 (212) 379 3850 Faks : +852 2861 3693 Faks : +1 (212) 379 3850
Email : briny@brinya.com Email : brihk@brihongkong.com Email : bri.cayman@bri.co.id
Web : www.brinya.com Web : www.brihongkong.com Web : -
BRI Singapore Branch BRI Timor Leste Colmera Branch BRI Taiwan Branch
50 Collyer Quay #08-06, OUE Bayfront, BRI Colmera Branch 1F, No. 166, Sec. 3, Nanjing East Road,
Singapore 049321 Grand Diocese Colmera Complex, Zhongshan District, Taipei City 104105,
Telp : +65 6805 0680 Rua Nicolau Doc Reis Lobato Colmera Dili, Timor Taiwan – R.O.C
Faks : +65 6509 1742 Leste Telp : +886 2 2721 6330
Email : bri.sg@bankbri.com.sg Telp : +670 3311372 Faks : +886 2 2721 0320
Web : www.bankbri.com.sg Faks : +670 3310198 Email : -
Email : timorleste@corp.bri.co.id Web : www.britaipei.com
Web : -
BRI Timor Leste Sub Branch Futuhada BRI Timor Leste Sub Branch Hudilaran BRI Timor Leste Sub Branch Audian
Time Square Complex, Rua Nicolau Doc Reis Top One Complex, Rua Hudilaran Bairopite, Rua 12 De Novembro No. 2,
Lobato Fatuhada, Timor Leste Timor Leste Santa Cruz - Municipiu, Timor Leste
Telp : +670 3310436 Telp : +670 3311378 Telp : +670 3311208
76 PT Bank Rakyat Indonesia (Persero) Tbk
Page 79
2024 Annual Report Company Brand The BRI logo is as follows: The meaning of logo: THE LEADER OF CHANGE As The Leader of Indonesian Banking Industry, the visual component system of BRI requires refreshment. The use of logo in any communication material requires minor adjustments to support the accuracy of an overall visual component system. Logo adjustment for BRI as the Holding Company is also necessary with the Bank BRI relevancy as it governed various subsidiaries engaged in non-banking. Changes in the Logotype of “Bank BRI” to “BRI” serves as a statement that BRI as the Holding Company does not only have various subsidiaries engaged in banking, but is much more extensive. A logogram with an equilateral square shape denotes balance. While the rounded lines signifying the dynamics or flexibility in addressing the changing times. The lines and shape of lettering of ‘BRI’ are made from straight-lines that denote firmness of BRI in sustainably being present and serving all Indonesians. The rounded lines reflecting BRI services represent flexibility, as BRI always upholds safety and comfort for its customers (Consumer-Centric). The lines, color, and shape ofthe logotype are firm and simple but precisely measurable to give impressions that reflect an excellent management system, conveniences, as well as security. The shape and coloring in a firm and regular manner hope to be able to convey an image of a modern and professional institution, reflecting the characteristics of the banking industry which emphasizes precision and accuracy. It also gives an impression of modern management in a national business with an international outlook and based on progressive spirit. The display of lines, shape and coloring give an impression of simplicity and firmness but solid, which reflects one of BRI’s mission statements as the spearhead in the Government’s policies to provide banking services to all society segments, beginning from the smallest and remote communities to the largest urban groups in cities. The blue color denotes a feeling of comfort, calmness, and tranquility. Philosophy of Tagline: “Melayani Dengan Setulus Hati” This sentence describes the spirit of BRI’s vision and mission, which has always been sincere in extending the best services. This sentence is BRI’s commitment to continually prioritize customer satisfaction, which consists of various levels of society and is located across Indonesia. PT Bank Rakyat Indonesia (Persero) Tbk 77
Page 80
Company
Profile
Brief History
of The Company
The history of PT Bank Rakyat Indonesia (Persero) Tbk. (“BRI”, “Bank”, or
“Company”) were started in 1895 in Purwokerto, Central Java, by Raden Bei
Aria Wirjaatmadja, originally to manage mosques’ cash, to be distributed to
the public using a simple scheme.
PT Bank Rakyat Indonesia (Persero) Tbk (hereinafter referred to 1995 concerning “Limited Companies” and was ratified by the
as “BRI”) was established and startedits commercial operations Minister of Justice of the Republic of Indonesia with Decree No.
on December 18, 1968 based on Law no. 21 of 1968. On April C2- 24930. HT.01.04.TH.98 dated November 13, 1998 and was
29, 1992, based on Government Regulation of the Republic of announced in the State Gazette of the Republic of Indonesia No.
Indonesia (“Government”) No. 21 of 1992, the legal entity form 86, Supplement No. 7216 dated October 26, 1999 and deed No. 7
of BRI was changed to a Limited Liability Company (Persero). dated October 3, 2003 before Notary Imas Fatimah, S.H., related
The transfer of BRI to become a Limited Liability Company to the company’s status and adjustment to the Capital Market
was documented by deed No. 133 dated July 31, 1992 before Law and was ratified by the Minister of Justice and Human Rights
Notary Muhani Salim, S.H. and was ratified by the Minister of of the Republic of Indonesia with Decree no. C-23726 HT.01.04.
Justice of the Republic of Indonesia with Decree No. C2-6584. TH.2003 dated October 6, 2003 and had been announced in the
HT.01.01.TH.92 dated August 12, 1992, and announced in the State Gazette of the Republic of Indonesia No. 88, Supplement
State Gazette of the Republic of Indonesia No. 73, Supplement No. 11053 dated November 4, 2003.
No. 3A dated September 11, 1992. BRI’s Articles of Association
were later amended by Deed No. 7 dated September 4, 1998 Based on Bank Indonesia Decree No. 5/117/ DPwB2/PWPwB24
before Notary Imas Fatimah, S.H., article 2 concerning “Term dated October 15, 2003, regarding the “ Appointment Deed of
of Establishment of the Company” and article 3 concerning BRI as a foreign exchange commercial bank”, BRI was designated
“Aims and Objectives and Business Activities” to comply with as a foreign exchange bank through the Letter of the Monetary
the provisions of Law of the Republic of Indonesia No. 1 of Board No. SEKR/BRI/328 dated September 25, 1956.
78 PT Bank Rakyat Indonesia (Persero) Tbk
Page 81
2024 Annual Report
Based on deed No. 51 dated May 26, 2008 before Notary Fathiah of Human Rights Law of the Republic of Indonesia Number
Helmi, S.H., amendments were made to the Articles of Association AHUAH.01.03-0457763 datedOctober 07, 2021.The changeswere
of BRI, related to make adjustments to the provisions of Law of made in order to comply with OJK Regulation (“POJK”) No. 15/
the Republic of Indonesia No. 40 of 2007 concerning “Limited POJK.04/2020 concerning the Plan and Implementation of the
Companies” and Regulation of the Capital Market and Financial General Meeting of Shareholders (“GMS”) of a Public Company
Institutions Supervisory Agency (“Bapepam-LK”) (its function and POJK No. 16/POJK.04/2020 concerning the Implementation
was transferred to the Financial Services Authority since January of the Electronic Public Company GMS, as well as paid-in capital.
1, 2013), No. IX.J.I concerning “The Principles of the Articles of
Association of Companies Conducting Public Offerings of Equity Furthermore, BRI’s Articles of Association are documented in
Securities and Public Companies”, which obtained approval Notarial Deed No. 32 dated April 22, 2024, of Notary Fathiah Helmi,
from the Minister of Law and Human Rights of the Republic of S.H., in Jakarta regarding amendments to the Articles of Association
Indonesia with Decree No. AHU-48353.AH.01.02.Year 2008 dated from the Minister of Law and Human Rights of the Republic of
August 6, 2008 and had been announced in the State Gazette of Indonesia No. AHU-AH.01.03-0092097 dated April 23, 2024.
the Republic of Indonesia No. 68, Supplement No. 23079 dated The changes were made in the context of compliance to the OJK
August 25, 2009. Regulation (“POJK”) No. 15/POJK.04/2020 regarding the Plan and
Organizing of Public Companies’ General Meeting of Shareholders
Furthermore, BRI’s Articles of Association were amended several (“GMS”) and POJK No. 16/POJK.04/2020 regarding the Electronic
times. The latest amendments were documented before the Holding of Public Company GMS, as well as paid-in capital.
Notary Deed of Fathiah Helmi S.H., No. 3 dated March 9, 2021,
regarding to several provisions of the Articles of Association of Based on article 3 of BRI’s Articles of Association, the scope of
BRI,which received the Acceptance of Amendments to the Articles BRI’s activities is to conduct business in the banking sector and
of Association from the Minister of Law and Human Rights of the optimize the use of BRI’s resources to produce high quality and
Republic of Indonesia with Decree No.AHU-AH.01.03-0159493 highly competitive services for profitin orderto increase company
dated March 12, 2021, and the last time was amended in Deed value by applying the principles of Limited Liability Companies.
Number 4 Dated October 6, 2021 which was made before Notary
Fathiah Helmi, SH in Jakarta and had received Notification of BRI is owned by the Government of the Republic of Indonesia as
Amendment to the Articles of Association from the Minister the majority shareholder
PT Bank Rakyat Indonesia (Persero) Tbk 79
Page 82
Company
Profile
Description of Name Change
December 16, 1895
De Poerwokertosche Hulp en
Spaarbank der Inlandsche Hoofden
Hulp en Spaarbank der Inlandshe
Bestuurs Ambtenareen
De Poerwokertosche Hulp Spaaren July 10, 1912 October 3, 1942
Landbouw Credietbank or
Centrale Kas Voor Volkscredietwezen Syomin Ginko
Volksbank
Algemene
1895 1897 1912 1934 1942
August 11, 1897 February 19, 1934
De Poerwokertosche Hulp Spaaren Algemene Volkscredietbank (AVB)
Landbouw Credietbank
No. About Related Deeds/Regulations Date Notary Public
1. Establishment of BRI PP Number 1 of 1946 concerning Bank Rakyat Indonesia February 22, 1946
Law Number 21 of 1968 concerning Bank Rakyat
2. Establishment of BRI December 18, 1968
Indonesia
PP Number 21 of 1992 concerning Adjustment of
Adjustment of the legal form of the
3. theLegal Form of Bank Rakyat Indonesia to become a April 29, 1992
Persero
Limited Liability Company
80 PT Bank Rakyat Indonesia (Persero) Tbk
Page 83
2024 Annual Report
September 24, 1960 November 10, 2003
Bank Koperasi Tani Nelayan (BKTN) PT Bank Rakyat Indonesia (Persero) Tbk
1946 1960 1968 2003
February 22, 1946 December 18, 1968
Bank Rakyat Indonesia (BRI) Bank Rakyat Indonesia (Bank Umum)
No. About Related Deeds/Regulations Date Notary Public
Approval of Deed of Establishment Deed Number 133 concerning the Limited Liability Muhani Salim,
4. July 31, 1992
of Limited Liability Company Company (Persero) PT Bank Rakyat Indonesia (Persero) S.H.
Deed Number 7 concerning Company Status & Adjustment
5. Initial Public Offering October 3, 2003 Imas Fatimah, S.H
to Capital Market Law
PT Bank Rakyat Indonesia (Persero) Tbk 81
Page 84
Company
Profile
Vision, Mission
and Corporate Culture
VISION
“The Most Valuable
Banking Group in Southeast
Asia & Champion of
Financial Inclusion”
Corporate
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 consists of Core Values Morals as key daily behaviors
that are able to encourage the Company’s performance
achievements.
One Culture:
82 PT Bank Rakyat Indonesia (Persero) Tbk
Page 85
2024 Annual Report
MISSION
A. To conduct the best banking practices with a priority to serve micro, small and medium enterprises
to support the economy of the people.
B. To provide customers with excellent services through professional human resources with a
performance driven culture, reliable information technology and future ready, aas well as
productive conventional and digital network by adhering the operational principle and risk
management excellence.
C. To create optimal values and benefits for stakeholders with due observance to sustainable
financial principles and Good Corporate Governance best practices.
REVIEWS OF VISION AND MISSION
BY THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS
The Company’s Vision and Mission has been stipulated in letter No. R.394- DIR/ CDS/06/2021 dated 30 June 2021. In order to ensure the suitability
of the Vision and Mission, the Company always reviews the Vision and Mission periodically. In addition, on June 26, 2024, the Board of Commissioners
discussed Company’s Vision and Mission in the Directors’ and Board of Commissioners’ Meeting by agenda of the 2024-2026 RBB approval and BRI’s
the 2024 Revision and RKAP. The meeting decided that Company’s vision and mission are relevant with current condition. The Directors and Board of
Commissioners have ensured that Company’s mission, vision, objectives, targets, and annual and medium-term plan are consistent with its long-term
plan by utilizing effective innovation and technology
In order to ensure the suitability of the Vision and Mission, the Company always reviews the Vision and Mission periodically. The Board of Directors and
Board of Commissioners have also discussed the Company’s Vision and Mission at the Board of Directors and Board of Commissioners Meeting with the
agenda of requesting approval for the 2025-2029 RJP, 2025-2027 RBB and 2025 RKAP on 25 November 2024. At the meeting, the Company’s long-term
aspiration was decided, namely to become “The Most Trusted Lifetime Financial Partner for Sustainable Growth”. After the previous transformation
focused on increasing business scale, BRI then pushed for a transformation and revitalization focus on fundamental aspects of the BRI business model,
namely human capital and risk management. The Board of Directors and Board of Commissioners have ensured that the Company’s mission, vision, goals,
targets, strategies and annual and medium-term plans are consistent with long-term goals, by utilizing innovation and technology effectively.
AH | KOM
A N PE
M T
|A
EN
AKHLAK Core Values is a Human Resources
ORATIF
core values within the scope of State-Owned
| H A R O NI S
CORE VALUES:
Enterprises (SOEs) as an identity and deep-rooted
work culture that foster sustainable performance
improvement and become the foundation of BRI
M
AB
Corporate Culture. AKHLAK Core Values has 6
core values and translated into 6 keywords and
L
18 conducts.
O K
LO
|
| YA
F
P TI ADA L|
PT Bank Rakyat Indonesia (Persero) Tbk 83
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Company
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1. Fulfill promises and commitments. 1. Improve self-competence 1. Respect everyone regardless of
2. Responsible for tasks, decisions & to respond to ever-changing background.
actions taken challenges. 2. Likes to help others.
3. Adhering to the Behavior of moral 2. Helping people learn. 3. Build a conducive work
& ethical values 3. Complete tasks with the best environment.
quality.
We hold fast We continue to learn We care about each other
to the trust given and develop capabilities and respect differences
TRUSTWORTHY COMPETENT HARMONIOUS
CORE
VALUES:
LOYAL ADAPTIVE COLLABORATIVE
We are dedicated and prioritize We continue to innovate We promote synergy
the interests of the nation and enthusiastic in driving in cooperation
and state or facing change
1. Maintain the good name of fellow 1. Quickly adapt to be better. 1. Provide opportunities for various
employees, leaders, BUMN & the 2. Continuously making parties to contribute.
State. improvements following 2. Open in working together to
2. Willing to sacrifice to achieve a bigger technological developments. generate added value.
goal. 3. Act proactively. 3. Mobilize the use of various
3. Obey the leadership as long as it is not resources for common goals
against the law & ethics.
BRI has also formulated and established unique attributes that 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:
1. 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.
2. 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.
3. 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, making life more meaningful.
84 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Business
Activities
Business Activities According to The Article Association
and Business Activities Conducted
Kegiatan usaha BRI berdasarkan Akta Perubahan terakhir BRI’s g. Receiving payment from the collection of commercial papers
business activities were pursuant to Deed of Amendment, and make calculation with or between the third party;
lastly Deed Number 32 dated April 22, 2024, drawn before h. Providing place to store securities and valuable items;
Notary Fathiah Helmi, S.H., Notary in Jakarta, and having i. Providing custodial service for the interest of other parties
received Ratification of Amendment and Acknowledgment of under contract;
Notification of Amendment to Articles of Association from the j. Investing funds of one customer to another customer in the
Minister of Law and Human Rights of the Republic of Indonesia form of securities not listed on the Stock Exchange;
Number AHU-0023853.AH.01.02.Tahun 2024 and Number k. Purchasing through auction or in other ways the collateral
AHU-AH.01.03-0092097 dated April 23, 2024. The purpose and either in whole or in part in the event that the debtor does
objective of the Company is to engage in the banking activity not fulfill his obligations to the Company as a Bank, provided
and optimizing the utilization of the Company’s resources to that the purchased collateral being can be liquidated
deliver excellent services and strong competitiveness in order immediately;
to gain/obtain profitability so as to increase the BRI values with l. Implementing factoring, credit card business, and trustee
due observance to the principles of Limited Liability Company. activities;
In order to achieve the above purpose and objective, BRI may m. Financing and/or performing other activities based on Sharia
undertake the following main business: Principles, in accordance with the provisions stipulated by
a. Collect funds from the public in the form of current accounts the authorities;
deposits, term deposit, certificates of deposit, savings and/or n. Activities in foreign exchange by fulfilling provisions
other equivalent forms; stipulated by the authorized;
b. Distributing loans; o. Conducting receivables transfer activities;
c. Issuing and/or purchasing, selling or guaranteeing at their p. Performing equity participation in financial service institution
own risk or for the benefit and upon the request of their and/or other companies supporting banking industry, such as
customers; leasehold, capital venture, securities company, insurance, and
1. Bills of exchange including drafts and acceptance by serta Depository and Settlement Institutions, by satisfying
the bank which validity periods are no more than the provisions stipulated by Financial Services Authority (“OJK”);
customary in the trade of the intended bills; q. Engaging temporary equity participation to deal with non-
2. Promissory note and other commercial papers which performing loans or financing default based of Sharia
validity periods are no more than the customary in the Principles provided that the participation must be withdrawn
trade of the intended bills; subject to the applicable provisions;
3. State treasury papers and government guarantee r. Acting for founder of a pension fund and pension fund
instruments; administrators according to the provisions of statutory;
4. Bank Indonesia Certificates; s. Collaborating with other financial service institutions and
5. Bond; non-financial service institutions in providing financial
6. Term commercial papers in accordance with the laws and services to customers;
legislations; t. Conducting other activities with OJK’s approval in accordance
7. Other securities in accordance with the laws and with the provisions.
legislations;
8. Each its derivative, other interest, or liability from issuer Apart from the main business activities stated above, BRI can
in the common form traded incapital Market or Money carry out supporting business activities in order to optimize the
Market. utilization of its resources to foster the main business activities
d. Conducting activities in payment system sector; with due observance to the prevailing laws and regulations. All
e. Money transfer for self- interest or customers’ interest; business activities according to the Articles of Association have
f. Investing funds to, borrowing fund from, or lending fund to been carried out by BRI.
other bank(s), both by means of letters, telecommunication
facilities, or a sight draft, check, or other means;
PT Bank Rakyat Indonesia (Persero) Tbk 85
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Company
Profile
Products and Services
Fund Raising
c. BRI Britama Prioritas Savings
BritAma variants aimed at Priority Customers and Private
Customers, provide various privileges in accordance with
Gak Kuatir Pergi Jauh applicable regulations.
d. BRI Britama DHE Savings
Karena Ada A collaborative savings product between BRI and Bank
Indonesia (BI) intended for exporter customers, to
facilitate the placement of Foreign Exchange Earnings.
Tabungan BRI
Pas
e. BRI Britama Rencana Savings
Buatmu!
A term savings account that offers investment benefits
as well as protection to help customers plan for future
needs.
f. BRI Britama Investasi Savings
bbri.id/TabunganBRI
A BritAma account that functions as a securities
transaction account in the capital market is known as a
Customer Fund Account.
g. BRI Britama Mitra Savings
BritAma variant designed to meet the needs of parties
collaborating with BRI.
h. BRI BritAma TKI Savings
BRI BritAma TKI Savings is a savings product for
Indonesian Migrant Labor prospectus with various
accessibilities and supported by e-banking facility and
real time online system.
i. BRI Junio Savings
BRI Junio is a savings product especially created for
children, intended to introduce banking to children and
to nurture the habit of saving from an early age. The BRI
1. BRI Savings Junio savings comes with e-banking features, financial
a. BRI Britama Umum Savings planning features (Junio Rencana), personal accident
BRI Britama Savings is completed with e-banking insurance coverage for children, and a specially-designed
facilities for customers’ easy transactions at any place Debit Card.
and any time, as well as free personal accident insurance j. BRI SiMuda Savings
coverage. BritAma Savings also has sub products, BRI SiMuda Savings is a savings product specifically
including BritAma Umum, BritAma Bisnis, BritAma designed by Bank Rakyat Indonesia (BRI) for youth,
Rencana, BritAma Muda, BritAma Mitra, BritAma TKI, particularly student or youth intending to learn how to
BritAma Foreign Currency with choices of USD, SGD, manage fund early. It is designed to be accessible and
AUD, EUR, CNY, AED, HKD, GBP, JPY and SAR currencies. used by youth customers with suitable features for their
b. BRI Britama Bisnis Savings needs in managing money.
Savings product that provides various conveniences in
conducting banking transactions that support business,
supported by a real time online e-banking fund system
facility that enable customers transaction anytime and
anywhere. Morevoer, BritAma savings has free accident
insurance cover, E-banking feature and competitive
interest rates and more detailed transaction records in
the Savings book and bank statements request via email.
86 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
k. Haji BRI Savings s. Tabunganku Basic Saving Account
Haji BRI Savings is a banking product that can be used BRI TabunganKu Basic Saving Account is a simple saving
to prepare the implementation of hajj pilgrimage cost offered by Bank Rakyat Indonesia (BRI) as part of national
(BPIH). program to improve financial inclusion in community.
l. BRI Simpedes Reguler Savings The product is designed with basic features and access
Simpedes Savings is a savings product from BRI, intended simplicity so that it is suitable for all groups, mainly
for rural people but comes complete with modern community intending to have their first savings.
features such as an ATM card that provide access through 2. Deposito BRI
other bank’s domestic ATM networks, supported by 24- Deposito BRI is a term deposit conducted by Bank BRI in IDR
hour Internet Banking and Mobile Banking services. currency or foreign currency. Deposito BRI offers various
m. BRI Simpedes TKI Savings benefits, such as attractive interest and investment security.
Simpedes TKI Savings is BRI Simpedes Saving, only a. DepoBRI Rupiah
intended for Indonesian Migrant Labor with PPTKIS’ DepoBRI Rupiah is a term deposit in IDR currency, which
recommendation and served in all BRI Units. The deposit its withdrawal can only be conducted in certain term with
can be conducted every time, and its frequency and total attractive interest and various benefits.
of withdrawal are unlimited as long as its balance is b. DepoBRI Valas
sufficient. DepoBRI Valas is a term deposit in foreign currency,
n. BRI Simpedes Impian Savings which its withdrawal can only be conducted in certain
Simpedes Impian Savings is time deposit with routine term with attractive interest and various benefits.
deposit and customers’ balance will be blocked within 3. Giro BRI
certain period. Giro BRI is a deposit product, which its withdrawal can be
o. BRI Simpedes Usaha Savings conducted anytime using bank draft/demand deposit.
Simpedes Usaha Savings is a saving accommodating high a. Giro BRI Rupiah
transaction activity for micro entrepreneurs. Giro BRI Rupiah is a type of deposits in IDR currency,
p. BRI Simpedes BISA Savings which its withdrawal can be conducted anytime using
Simpedes BISA is BRI Savings designed to assist bank draft (demand deposit), ATM card, or other orders.
customers in both savings and investment. Its superiority b. Giro BRI Valas
of savings relies on its features and the offered benefits. Giro BRI Valas is a type of benefits in foreign currency,
Three key features of Simpedes BISA are “Saving/TRX” which its withdrawal can be conducted anytime using
(holding account), “Investasi” (time deposit account withdrawal order specified by BRI.
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.
PT Bank Rakyat Indonesia (Persero) Tbk 87
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Company
Profile
Distribution of Funds
1. Bank Guarantee 6. Ceria by BRI
a. Tender/Bid Bond CERIA by BRI is an online loan product distinguished from
Bank Guarantee is an indirect loan facility, where online loan offered by Financial Technology (Fintech)
BRI provides guarantee to obligor (third party) that institution. The fundamental difference is that CERIA is
customers/ debtors can fulfill their obligations to managed by financial institution, PT Bank Rakyat Indonesia
Third Party, Particularly in the Bank Guarantee service, (Persero) Tbk, registered and tightly supervised by Financial
Bank BRI does not charge any interest to entrepreneur Services Authority so that customers’ data security is more
customers. monitored and well-maintained.
b. Advance Payment Bond 7. BRIguna Loans
Advance Payment Bond is advance payment guarantee a. BRIguna Karya
issued by a surety to guarantee the interests of the BRIguna Karya is loan or credit to active employees
obligee. This guarantee applies when the recipient of the having fixed income for consumptive purpose.
principal fails to fulfill its obligations according to the b. BRIguna Karya Talangan
contract agreement. BRIguna Karya Talangan is Briguna loan or credit
c. Performance Bond provided to active employees, who will enter pension age,
Performance Bond is one type of bank guarantees maximally 1 (one) year before pension for consumptive
issued by BRI to insure that customers can satisfy their and productive purposes.
obligation. h. BRIguna Purna
d. Maintenance Bond BRIguna Purna is Briguna loan or credit provided to
Maintenance Bond is one type of bank guarantee offered retired up to debtors aged 75 years old.
by BRI through the QLola service by BRI. This guarantee i. BRIguna Pra Purna
is a maintenance guarantee that can be used for various BRIguna Purna Profesi is loan or credit to active
types of transactions, including bid bonds, performance employees up to retiring period and having fixed income
bonds, advance payment bonds, guarantees payment of for consumptive purpose
government project, and distributor guarantees. 8. Collection Non LC
e. Financial Bond a. Document Against Payment
f. Bond Payment b. Document Against Acceptance
g. Customs 9. BRI Intraday Facilities
h. BG Year End BRI Intraday facility is a service providing bail out to
2. Bank Guarantee on Counter Guarantees Basis Operational Giro Account on behalf of securities entity. The
Bank Guarantee is a written guarantee provided bank to bail out must be settled at the same day and used to settle
customers in ensuring that business process performs in capital market transaction.
accordance with agreement. Bank guarantee can be used 10. Forfaiting (Bank Risk)
in various conditions, such as tender, advance payment, and Forfaiting (Bank Risk) is an international payment method,
export-import trading. where a bank or financial institution purchase non-due
3. Bank Loan Facility payment liability (such as notes, securities, or bills) from
4. Banker’s Acceptance exporters or companies, at a discount, and transfer the risk
Banker’s Acceptance (BA) is an instrument of money market, of payment to themselves. In this context, bank risk refers to
such as term notes where its payment is insured by bank. BA the risk taken by the bank doing the forfaiting, which is the
is used as solution of default issues from foreign trading, risk that the debtor will not be able to make payments as
such as export and import. scheduled.
5. Cashcoll Consumer with Cash Equivalent Collateral
88 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
11. KKB Multifance Cooperation (Join Financing) 13. Small Loans
KKB Multifinance Cooperation is Automobiles Loan (KKB) a. a. Small KI
products offered by banks, where Bank Rakyat Indonesia Small KI is provision of loan facilities to corporate and/
(BRI) collaborates with multi-finance companies or or individual to finance long-term funds for purchasing,
financing institutions. KKB is a type of loan used to purchase constructing, expansion, renewal/renovation of
automobiles (such as cars or motorcycles) with financing from productive assets along with its additional costs.
banks or other financial institutions. In the context of multi- b. KI Fixed Small Installment
finance cooperation, bank works with financing companies to KI Fixed Small Installment is a loan facility provided
provide automobiles loan facilities to customers. 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 investment loan.
c. KI Small Gas Station
KI Small Gas Station is Loan Facility provided to Corporate
KPR BRI and/or individual to finance long-term funds for
purchasing, constructing, expansion, renewal/renovation
Wujudkan Rumah Impian, of productive assets along with its additional costs.
d. KI Small Dynamic
untuk Investasi Masa Depan KI Small Dynamic is a selective loan facility provided by
BRI to customers, either KMK or KI, where the imposition
DP Mulai 0%
of its interest rate may be subject to change automatically
(dynamic) monthly based on Customers’ CASA ratio.
Suku Bunga Kompetitif
e. KMK Small
KMK Small is a loan facility used to finance current
Jangka Waktu Kredit
s/d 25 Tahun assets and/or replace trade payables as well as finance
corporate’s routine operations temporarily, down
Proses Cepat & Mudah payment, cash reserves, working capital refinancing,
via or other working capital components. Generally, KMK
Small is short-term loan, or declining in accordance with
customers’ business cycle.
bbri.id/kprbri 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.
g. KMK Small Dynamic
KMK Small Dynamic is a selective loan facility provided by
BRI to customers, either KMK or KI, where the imposition
12. KPR BRI of its interest rate may be subject to change automatically
House Ownership Loan (KPR) provided individually as solution (dynamic) monthly based on Customers’ CASA ratio.
to have residential, such as house, apartment, store-house h. KMK Small Construction
or office-house through either developer or non-developer. Small KMK Construction is working capital loan to
It prevails for new and second purchasing, refinancing, top finance contractor’s/vendor’s working capital necessity
up, development, renovation, and take over/take over top up to complete Construction Service project in accordance
from other banks. with Work Agreement.
a. House Ownership Loan (KPR)
b. House Ownership Loan (KPR) Subsidy
c. House Ownership Loan (KPR) Tapera
PT Bank Rakyat Indonesia (Persero) Tbk 89
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Company
Profile
i. KMK Small Partner b. KI Middle Partner
BRI KMK Small Partner is one of financing products c. KI Intermediate SPBU
from Bank Rakyat Indonesia (BRI), specially designed KI Intermediate SPBU is a loan facility provided by
to support small business (SME) having developing companies and/or individuals to finance long-term
potential. BRI KMK (Small Partner Loan) is loan facility funding needs for the purchase, construction, expansion,
aimed to micro and small enterprises (MSME) actors, who renewal/renovation of productive assets and the
are either engaging or starting business to assist them in associated costs.
achieving working capital or investment and expanding d. KI Intermediate Foreign Exchange
and developing their business. KI Intermediate Foreign Exchange is the provision of
j. KMK Small Gas Station loan facilities to companies and/or individuals to finance
KMK Small Gas Station is Loan Facility used to finance long-term funding needs for the purpose of purchasing,
current assets and/or replace trade payables as well as building, expanding, renewing (renovating) productive
finance corporate’s temporary routine operations, down fixed assets along with the associated costs.
payment, cash reserves, working capital refinancing or e. KI Medium Franchise
other working capital components KI Medium Franchise is a loan provided in the form of
k. KMK Small Foreign Exchange working capital and investment for franchise businesses.
KMK Small Foreign Exchange is Loan Facility used to finance f. Medium Cash Collateral Loans
current assets and/or replace trade payables as well as Medium Cash Collateral Loans are loans (either direct
finance corporate’s temporary routine operations, down or contingent) whose collateral is entirely in the form of
payment, cash reserves, working capital refinancing or other cash or cash equivalents.
working capital components. In general, KMK is short-term g. Medium KMK
that can be permanent during loan term, or declines in Medium KMK is a loan facility used to finance current
accordance with customers’ business cycle condition. assets and/or replace business debts, as well as
l. KMK Small Franchise temporarily finance routine company operational
KMK Small Franchise is Loan provided in working capital activities, down payments, cash reserves, working capital
and investment for franchises. refinancing or other working capital components. KMK is
m. Small Cash Collateral Loan generally short-term which can be fixed during the loan
Small Cash Collateral Loan is Loan (either direct or period, or decrease according to the customer’s business
contingent), which all collaterals are cash or cash equivalent. turnover conditions.
14. Corporate Loan h. Medium Dynamic KMK
Corporate Loan is a loan issued by a bank to a business entity. Medium Dynamic KMK is a selective loan facility provided by
Corporate loan is a loan product that can help companies BRI to customers in the form of KMK or KI, the loan interest
develop their business. Through this corporate loan, rate of which can change automatically (dynamically) every
companies can obtain business capital loans for a certain month based on the customer’s CASA ratio.
period of time. i. KMK Partner Medium Loan
a. KI Corporate j. KMK Intermediate SPBU
b. KMK Corporate KMK Intermediate SPBU is a Loan Facility used to finance
c. KMK Buyer Financing current assets and/or replace business debts, as well as
d. KMK Seller Financing temporarily finance the company’s routine operational
e. KMK Corporate Construction activities, down payments, cash reserves, refinancing
f. Short Term Loan (KJP) working capital or working capital components.
g. Medium Credit Corporate Collateral Cash Loans k. Medium Construction KMK
15. Kredit Menengah Medium Construction KMK is a working capital loan
a. Intermediate KI to finance the working capital needs of contractors/
Intermediate KI is the provision of loan facilities to vendors to complete Construction Services projects in
companies and/or individuals to finance long-term accordance with the Work Contract.
funding needs for the purpose of purchasing, building, l. Medium Foreign Currency KMK
expanding, renewing (renovating) productive fixed assets Medium Foreign Currency KMK is a loan facility used to
along with the associated costs. finance current assets and/or replace business debts, as
well as temporarily finance routine company operational
activities, down payments, cash reserves, working capital
90 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
refinancing or other working capital components. KMK is c. KUR Micro TKI BRI
generally short-term which can be fixed during the loan d. KUR Micro KI BRI
period, or decrease according to the customer’s business e. Special KI KUR
turnover conditions. f. Special KMK KUR
m. Special Transaction Loan g. KUR Small KI
16. Non KUR Program Loan h. KUR Small KMK
a. S-SRG (Warehouse Receipt Subsidy Scheme) 20. Letter of Credit (LC)/ Domestic Letter of Credit (SKBDN)
17. Kredit Multiguna (KMG) SKBDN is an instrument used for domestic trade transactions.
18. Kupedes SKBDN (local LC) is a promise of payment from the SKBDN
Kupedes is a general loan that can finance all sectors of the opening bank to the seller as long as the seller is able
micro segment economy that can be used for working capital to submit documents in accordance with the terms and
needs and/or investment to individual debtors/individuals conditions of the SKBDN.
who meet the requirements. a. LC/SKBDN Publishing
a. Kupedes Rakyat KMK b. LC/SKBDN Acceptance
b. Kupedes Rakyat KI 21. Partnership Program
c. Kupedes Rakyat TKI a. MSE Funding Program
d. Kupedes KMK 22. Refinancing LC (BRI as Borrower/Lender)
e. Kupedes KI a. Refinancing LC (BRI as Borrower)
f. Kupedes Special Interest Rates b. Refinancing LC (BRI as Lender)
g. KECE 23. SBLC/Demand Guarantee
h. Kupedes Cash Collateral Standby L/C (SBLC) is a guarantee issued by BRI as the Issuing
i. Kupedes Utama Bank to guarantee the Beneficiary if the Applicant defaults
19. KUR on the contract/agreement that is the basis for issuing the
KUR BRI is a People’s Business Loan which is a financing SBLC.
service from Bank BRI for MSMEs and cooperatives. This a. Bid Bond Stanby
program aims to help MSMEs in accessing capital, so that b. Advance Payment Standby
they can improve their welfare and encourage national c. Commercial Standby
economic growth. d. Performance Bond Standby
a. KUR Supermicro BRI e. Direct Pay Standby
KUR Super Micro is a special financing facility for new f. Counter Standby
customers who have never applied for loan services, g. Financial Standby
which is primarily intended for workers who have been 24. Shipping Guarantee
laid off or housewives who run a productive business 25. Supply Chain Financing (SCF)
with a maximum loan of IDR10 million per debtor SCF is a solution to help meet the capital needs of customer
with a maximum loan period of 3 (three) years and or supply chains. With Supply Chain Financing, BRI wants to be
Investment Loan with a maximum loan term of 5 (five) a business partner that provides added value to customers.
years. This solution allows Corporate customers who act as buyers
b. KUR Micro KMK BRI to gain flexibility in determining Terms of Payment without
KUR Micro KMK BRI is a financing facility for novice sacrificing the cash flow of Suppliers (Vendors) or Buyers
micro entrepreneurs with a maximum loan of IDR50 (Distributors).
million per debtor which can be in the form of Working a. Supply Chain Financing Account Receivable
Capital Loan with a maximum loan period of 3 (three) b. Supply Chain Financing Account Payable
years and or Investment Loan with a maximum loan c. Document Against Payment/Document Against
period of 5 (five) years. KUR for Indonesian Workers Acceptance Financing
is a financing facility that applies specifically to d. Telegrafic Transfer Financing
Indonesianworkerswithplacements in Singapore, Hong 26. Term Loan
Kong, Taiwan, Brunei, Japan, South Korea, and Malaysia a. Special Transaction Loan
with a maximum financing of IDR25 million. b. General Purpose Loan
c. Loans to the Government
27. Trade Asset Participation (Bank Risk)
28. Value Chain Financing
PT Bank Rakyat Indonesia (Persero) Tbk 91
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Company
Profile
Other Basic Bank Products – Simple
1. Bancassurance 3. Contact BRI
Bancassurance BRI is a service offered by Bank BRI related to Contact BRI is BRI’s contact center service. Customers
insurance. can contact Contact BRI 1500017 or chat Sabrina via
• Asuransi Jiwa Optimal Sejahtera Plus (Asuransi Aurora WhatsApp (0812-1214-017) for information on BRI products
Plus) and services, including complaints. Customers can also
• Asuransi Dana Investasi Sejahtera (Davestera) communicate directly with the bank. In addition, BRI also has
• Asuransi Dana Investasi Sejahtera (Davestera) Optima several official channel accounts and official social media
Syariah that can be used to contact Contact BRI.
• Asuransi Dana Investasi Sejahtera (Davestera) Optima a. SABRINA
• Asuransi BRI Life Double Care b. Social Media
• Asuransi Professional Group Health c. Call Center
• Asuransi Jiwa Optimal Sejahtera Sejahtera (Asuransi 4. BRI Debit Card
Aurora) BRI Debit Card or BRI Direct Debit is an e-Commerce payment
• Asuransi Life Care feature that connects e-Commerce accounts with BRI debit
• Asuransi ACCI Care cards as a source of funds/Source of Fund (SoF) so that the
• Asuransi Griya Proteksi Maksima transaction payment process takes place quickly with a single
• Asuransi Jiwa Pelita registration process.
• Asuransi Brins Asuransi Asri a. Master Card
• Asuransi Brins Oto b. Private Label
• Asuransi Sepeda c. BRI Combo Card
• Asuransi Jiwa Kredit (AJK) Kredit Pemilikan Properti d. Visa Virtual Debit Card
(KPP) kerjasama PT Asuransi BRI Life 5. BRI Credit Card
• Asuransi Jiwa Kredit (AJK) Kredit Pemilikan Properti BRI Credit Card is a non-cash payment instrument issued by
(KPP) kerjasama PT MNC Life Assurance Bank Rakyat Indonesia (BRI). This card can be used for online
• Asuransi Jiwa Kredit (AJK) Kredit Pemilikan Properti or offline shopping, as well as making cash withdrawals at BRI
(KPP) kerjasama PT Asuransi Jiwa Sequis Life ATMs or other bank ATMs.
• Asuransi Standar Asuransi Kebakaran a. BRI Touch
• Asuransi Oto Proteksi Maksima b. Visual Credit Card
• Asuransi Proteksi Jiwa Terencana (Asuransi Kirana) c. BRI Infinite
• Asuransi Proteksi Jiwa Terencana (Asuransi Kirana Plus) d. BRI Easy Card
• Asuransi Aman Optima Sejahtera (Amora) e. BRI Mastercard Platinum
• Asuransi Mikro BRINS Rumahku f. BRI World Access
• Asuransi Mikro BRINS Kerusakan Tempat Usaha g. BRI Business Card
• Asuransi Mikro – Kecelakaan, Kesehatan dan Meninggal h. BRI Corporate Card
Dunia (AM-KKM) i. BRI JCB Platinum
• Asuransi Telepro Sehat Optima j. Co Branding Wonderful Indonesia
• Asuransi Telepro Jiwa Optima k. Co Branding Tokopedia Card
• Asuransi Lengkap Ekonomis Nyaman Sejahtera (Lentera) l. Co Branding OVO U Card
• Asuransi Telepro Medicash Optima m. Co Branding Raya
• Asuransi Jiwa Optimal Sejahtera (Aurora) n. Co Branding Traveloka Pay Later Card
• Asuransi Dana Investasi dan Proteksi (Davespro) o. Co Branding BTN Gold
• Asuransi Mikro Proteksi Aman Sejahtera (Pijar) p. Co Branding BTN Platinum
• Asuransi Telepro Diri Optima q. Cobranding Paper.id Space Card
• Asuransi Telepro Lifecash Maxima r. Cobranding Paper.id Universe Card
• Asuransi Telepro Medicash Maxima s. Kartu Kredit Indonesia
2. BRIZZI t. Mastercard Corporate KKP
BRIZZI is an electronic money product that uses chip u. KKPD Private Label
technology as a substitute for cash, which functions as v. Cobranding Next Card
a payment tool that can be used to pay for shopping w. Co Branding Samsung Platinum Card
transactions (purchases) or other transactions carried out at x. Co Branding Samsung Signature Card
goods or service providers. y. Co Branding Kagama
92 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
6. Excellent Customer Service 16. Confirming Bank Business
a. BRI Prioritas 17. Virtual Account
A banking service and services activity provided by BRI Virtual Account is a digital payment method through a
exclusively to BRI Prioritas customers in the form of one virtual account created specifically for each customer. For
stop financial services, including banking services and each transaction, the customer will be referred to the Virtual
services in general, financial planning and investment Account to make the payment. Virtual Account consists of a
consulting services, insurance, and retirement planning. customer ID number that is unique to each customer.
b. BRI Private a. BRIVA (BRI Virtual Account Credit)
A banking services and activities provided by BRI b. Cash Card (BRI Virtual Account Debit)
exclusively to BRI Private customers which are personal 18. Automatic Transactions
and customized, including general banking services and a. Automatic Fund Transfer (AFT)
services, financial and investment planning consultation b. Automatic Grab Fund (AGF)
services, insurance (bancassurance), retirement planning c. Account Sweep
and inheritance planning consultations. d. New Account Sweep (NAS)
7. Securities Marketing Distribution Partners e. Autodebet
a. Indonesian Retail Bond Selling Agent (ORI) 19. Interbank Transfer
b. Retail Savings Bonds Selling Agent Interbank Transfer is a banking service that allows customers
c. Retail Sukuk Selling Agent to transfer money from one bank account to another at a
d. Savings Sukuk Selling Agent different bank. This differs from an intrabank transfer, which
e. Brokerage Marketing Partners refers to money transfers between accounts within the same
8. Safe Deposit Box (SDB) bank.
A Safe Deposit Box (SDB) is a secure storage service for a. RTGS
valuables or important documents, offering highly secure b. Clearing
storage under various conditions. Some services even design Clearing is the process of submitting a financial
storage units or boxes that are fire-resistant or protected instrument that is not yet a bank’s obligation, where
against external factors such as impacts. Typically, a Safe the instrument is presented by the presenting bank
Deposit Box (SDB) is used to store high-value items, providing and approved by the paying bank through a clearing
owners with an added sense of security. In most cases, SDBs institution, settled in Indonesian Rupiah.
also offer storage with relatively low insurance costs. c. BIFAST
9. Forex Transaction BI Fast or BI-FAST, short for Bank Indonesia Fast Payment,
10. Interest Rate Transaction is a payment system developed by Bank Indonesia.
a. Marketable Securities Transaction According to Bank Indonesia’s official website, BI Fast is
b. Money Market Transaction a national retail payment infrastructure that facilitates
11. Derivatives Transactions real-time, secure, efficient, and always-available (24/7)
12. Structure Product Transaction transactions. Compared to the National Clearing System
13. BRIefx of Bank Indonesia (SKNBI), which operates only during
BRIefx is a web-based online application/system for providing certain hours, does not support real-time fund transfers,
online foreign exchange transaction services with users being and has limited payment channel access, BI-FAST
BRI foreign exchange customers. provides faster, broader, and always-available payment
14. BRI Money Changer services.
BRI Money Changer is a business service for buying and d. Online Interbank Transfer
selling foreign banknotes.
a. Same Currency
b. Different Currency
15. BRIFast Remittance
BRIfast Remittance is BRI’s remittance service for outgoing
fund remittance to overseas countries and incoming fund
remittance from overseas to Indonesia. BRIfast Remittance
offers outgoing remittance in 144 currencies all over the
world, incoming remittance credited to BRI accounts,
incoming remittance credited to other bank accounts, and
incoming remittance cash pick-up service service (no need
for a bank account) that can be withdrawn in all BRI units as
well as BRI AgenBRILink in Indonesia in real time online.
PT Bank Rakyat Indonesia (Persero) Tbk 93
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Company
Profile
Advanced Bank Products
1. Mutual Fund Sales Agent 2. BRI Syndication Agent
a. Bahana Liquid Funds A BRI Syndicated Agent is an individual or business entity
b. Danareksa Seruni Money Market II that collaborates with Bank Rakyat Indonesia (BRI) to provide
c. Schroder Liquid Funds banking services at specific locations. These agents are
d. Cash Trim 2 typically part of the BRILink program, which aims to expand
e. Bahana Liquid USD BRI’s service reach, especially in areas without direct access
f. Danareksa Gamasteps Money Market to bank branches.
g. Manulife Indonesian State Bond II Class A 3. ATM
h. Manulife Monthly Income II BRI ATM services make it easier for customers to conduct
i. Bahana Makara Prima banking transactions and have been distributed throughout
j. Danareksa Melati Main Income BRI business units throughout Indonesia and other strategic
k. Schroder USD Bond Fund locations.
l. Danareksa Brawijaya Abadi Fixed Income 4. Bancassurance
m. RD Ganesha Abadi Class D Bancassurance BRI is a service offered by Bank BRI related to
n. Ashmore Nusantara Bond Fund insurance.
o. Ashmore Dana USD Nusantara a. Asuransi Telepro Sehat Optima
p. Manulife Mixed Fund II b. Asuransi Telepro Jiwa Optima
q. Bahana Infrastructure Fund c. Asuransi Lengkap Ekonomis Nyaman Sejahtera (Lentera)
r. Danareksa Orchid Flexible d. Asuransi Telepro Medicash Optima
s. Danareksa Sharia Balanced e. Asuransi Jiwa Optimal Sejahtera (Aurora)
t. Schroder Integrated Fund II f. Asuransi Dana Investasi dan Proteksi (Davespro)
u. Schroder Syariah Balanced Fund g. Asuransi Mikro Proteksi Aman Sejahtera (Pijar)
v. Schroder Combination Funds h. Asuransi Telepro Diri Optima
w. Combination Trim 2 i. Asuransi Telepro Lifecash Maxima
x. Danareksa Balanced Regular Income Fund j. Asuransi Telepro Medicash Maxima
y. Ashmore Dana Progresif Nusantara 5. RDN Administrator Bank
z. Manulife Dana Class A Shares A Bank Administrator for Investor Fund Accounts (RDN)
aa. Dana Ekuitas Prima is a bank that partners in providing account opening and
bb. Danareksa Indeks Syariah management services for investors in the capital market.
cc. Danareksa Mawar Konsumer 10 RDN is a special account used to store investor funds for
dd. Schroder 90 Plus Equity Fund securities transactions, such as buying and selling stocks,
ee. Schroder Dana Prestasi bonds, or other capital market instruments.
ff. Trim Kapital 6. KSEI Payment Bank
gg. Schroder Global Syariah Equity Fund A KSEI Payment Bank is a commercial bank designated by
hh. Danareksa Mawar Fokus 10 KSEI to open giro accounts on behalf of KSEI and Account
ii. Danareksa G20 Sharia Equity Fund Dollar Holders. It is responsible for holding funds recorded in
jj. Bahana Centrum Protected Fund 204 Securities Accounts and facilitating the settlement of
kk. Trimegah Terproteksi Prima 32 securities transactions, based on agreements with KSEI and
ll. Trimegah Terproteksi Lestari 20 applicable regulations.
mm. Trimegah Terproteksi Prima 33 7. BRI Future Investment (BRIFine)
nn. Trimegah Terproteksi Lestari 21 The pension program offered by BRIFINE BRI is the Defined
oo. Danareksa Proteksi 82 Contribution Pension Plan (PPIP), where the contributions
pp. Trimegah Terproteksi Prima 35 are determined by the Pension Fund Regulations, and
qq. Trimegah Terproteksi Prima 25 all contributions along with their development results
rr. BRI Proteksi 93 are recorded in each participant’s account as retirement
ss. Trimegah Terproteksi Lestari 23 benefits.
tt. Trimegah Terproteksi Lestari 27 a. PPIP (Program Pensiun Iuran Pasti)
uu. Trimegah Terproteksi Lestari 29 b. Other Benefit Programs
vv. BRI Proteksi 94
ww. BRI Proteksi 95
xx. BRI MI Proteksi 97
94 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
8. Discretionary Fund 12. BRILink
Discretionary Fund is one of the types of custodian services. AgenBRILink is a service expansion where BRI collaborates
Not all Custodian services are Discretionary Funds). so the with BRI customers as agents who can serve banking
alternative can use the following narrative: transactions for the public in real time online with the concept
of sharing fees. Through AgenBRILink, BRI customers and the
BRI has been carrying out asset custody services (custodian general public can get the same services as at BRI offices.
bank) since 1996 based on an operating license through the a. EDC BRILink
Decree of the Chairman of Bapepam Number 91/PM/1996 b. BRILink Mobile
dated April 11, 1996 and has been appointed as a Sub 13. BRImerchant
Registry in carrying out Government bond transactions and BRI Merchant is an innovative platform from BRI that
SBI Scriptless management by Bank Indonesia. provides convenience for merchants in managing business
transactions. One of its key features is self-onboarding QRIS,
Asset custody service is part of the Investment Services which allows prospective BRI merchant customers to register
Division activities which include the following services: and start using QRIS quickly and easily.
• Safekeeping services and Portfolio Valuation; 14. BRImo
• Settlement handling services; BRImo is a financial super app for various customer
• Income collection services, including tax payments; transactions anytime and anywhere. The transactions
• Corporate action and proxy services; offered range from online onboarding, both domestic and
• Information and reporting services; international, payments, purchases, investments, insurance,
• Custody Unit Link and DPLK services; to financial record-keeping. BRImo also facilitates customers
• Custodian services for asset securitization; and with cross-border transaction needs through international
• Global Custodian services for securities issued abroad. transfers to over 160 countries and QR payments abroad.
9. BRI Smart Billing
BRI Smart Billing is an integrated billing management
application that effectively and practically helps businesses
or billers manage their invoices and receivables more easily,
affordably, and quickly.
10. BRI Smart Junio
BRI Smart Junio is an application developed by Bank Rakyat
Indonesia to simplify the management of academic and
non-academic school data. Features in the Junio Smart
application include the learning process, school fee billing,
and administrative data management.
11. BRI Trust
BRI Trust Services is a service for the safekeeping of customer
assets in the form of financial assets for and on behalf
of customers. BRI is the first bank in Indonesia to obtain
permission from Bank Indonesia to run Trust Services in
Indonesia through Bank Indonesia letter Number 15/19/
DPB1/PB1-3 dated February 12, 2013 and Bank Indonesia
confirmation letter Number 15/30/DPB1/PB1-3 dated March
19, 2013.
The scope of BRI Trust Services includes:
• Paying Agent Services;
• Lending Agent Services;
• Investment Agent Services; and
• Other Agency Services, such as Escrow Agents and
Guarantee Agents.
PT Bank Rakyat Indonesia (Persero) Tbk 95
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Company
Profile
15. BRImola 22. QRIS
BRImola is a supply chain or LPG trade application for PSO a. QRIS MPM
(subsidized) LPG from agents to distribution centers and QRIS Merchant Presented Mode (MPM) Dynamic is a QR
also for NPSO (non-subsidized) LPG from agents to outlets. code issued through a device such as an EDC machine or
This application simplifies the order process, payments, and smartphone. The merchant needs to input the payment
report retrieval as everything is done online. amount first, and then the customer scans the displayed
16. CDM or printed QRIS.
a. CDM b. QRIS CPM
b. Brankas Digital QRIS Customer Presented Mode (CPM) Dynamic is a QR
17. CRM code generated by a user’s device (such as a smartphone),
CRM is the latest innovation that allows customers to perform and this dynamic code changes periodically. Each user
various transactions, such as cash withdrawals, cash deposits, will have a different QR code within a limited time period.
balance checks, and fund transfers easily and quickly. The merchant’s scanning device can scan the code and
18. EDC complete the financial transaction from the user’s
EDC BRI is an Electronic Data Capture (EDC) machine that account to the merchant’s account as agreed.
can be used to accept payments via debit cards, credit cards, 23. Self Service Banking (SSB)
BRIZZI cards, and QRIS. a. SSB Digital Customer Service
b. SSB RCM (Replacement Card Machine)
EDC BRI can be used by merchants partnered with Bank BRI. 24. Self Service Banking (SSB)
a. EDC Full Manage Service (FMS) a. SSB SSPP (Self Service Pastbook Printing)
b. EDC Partnership b. SSB QMS (Queueing Management System)
19. E-Tax 25. Senyum Mobile
E-Tax BRI is a digital service from Bank Rakyat Indonesia (BRI) Super apps that are used to apply for BRI, PNM and Pegadaian
designed to facilitate electronic tax payments. This service products.
allows taxpayers, both individuals and businesses, to make 26. Stroberi
tax payments easily, quickly, and securely through various a. Stroberi Kasir
BRI banking channels. Stroberi Kasir BRI is an Android-based application
20. Online Acquiring that helps manage businesses, including transaction
a. Debit and CC recording, inventory management, and financial services.
21. QLola b. Stroberi Tagihan
QLola by BRI is an Integrated Corporate Solution Platform Stroberi Tagihan is an online real-time billing
that enables BRI customers to access various BRI products management system designed to simplify market
and services such as Cash & Trade, Supply Chain Management, managers and MSMEs in managing invoices.
Foreign Exchange, Investment Service, Financial Dashboard, 27. Trustee BRI
API services, and other products and services with a single BRI has extensive experience acting as a trustee and has
sign-on login. earned the trust of various state-owned enterprises (BUMN),
banks, and other corporations in bond/MTN issuance. Their
role is to represent and protect the interests of bond/MTN
holders according to the terms specified in the trustee
agreement.
96 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report PT Bank Rakyat Indonesia (Persero) Tbk 97
Page 100
Company
Profile
Operating
Area
Medan
Pekanbaru
Padang
Palembang
JAKARTA
Bandar Lampung
Banjarmasin
Jakarta 3
Jakarta 1 Jakarta
Jakarta 3 Semarang
Jakarta 2
Bandung
Jakarta 1 Yogyakarta
Jakarta 2 Surabaya
Malang
Denpasar
Table of Year Office Network for the Last 5 Years
Office Type 2024 2023 2022 2021 2020
Head Office 1 1 1 1 1
Regional Office 18 18 18 18 19
Regional Audit Office 18 18 18 18 19
Branch Office + Special Sub-Branch Office (Domestic) 453 453 449 451 462
Sub-Branch Office (Domestic) 555 556 579 588 608
Unit Kerja Luar Negeri 9 9 9 9 8
BRI Units* 5,086* 5,117* 5,156* 5,222* 5,382
Cash Office* 500* 505* 506* 525* 547
BRI Terrace* 873* 977* 1,370* 1,697* 1,867
Mobile BRI Terrace 69 115 117 132 132
Ship BRI Terrace 4 4 4 4 4
Total 7.586 7,773 8,227 8,665 9,049
* Inaccordance 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.
** Did not include the number of Foreign Office Unit Offices.
98 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
As of December 31, 2024, BRI has 1
Head Office and serves all customers
through 7,576 domestic business unit
Manado and 9 (nine) overseas business unit as
well as an e-channel network spread
throughout Indonesia.
Jayapura
Makasar
New York
Singapura Hongkong
Taiwan
Cayman Island
Timor Leste
INTERNATIONAL NETWORK
PT Bank Rakyat Indonesia (Persero) Tbk 99
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Company
Profile
Table of Office Networks per Region in 2024
Outlet
Regional Sub-Branch Office* Mobile
Region Regional Branch Ship BRI
Audit Sub-Branch Cash BRI BRI
Office Office BRI Units Terrace
Office Office Office Terrace Terrace
Bandar Lampung 1 1 14 16 188 12 56 - -
Bandung 1 1 30 34 565 44 39 25 -
Banjarmasin 1 1 31 31 280 20 62 2 -
Denpasar 1 1 32 26 295 20 112 4 1
Jakarta 1 1 1 22 47 - 55 - - -
Jakarta 2 1 1 34 74 243 79 68 21 -
Jakarta 3 1 1 35 53 288 30 70 - 1
Jayapura 1 1 13 13 88 10 14 1 -
Makassar 1 1 37 27 348 18 3 - -
Malang 1 1 24 35 504 15 127 4 -
Manado 1 1 20 15 203 16 36 2 1
Medan 1 1 24 33 258 24 41 1 -
Padang 1 1 14 8 157 11 43 - -
Palembang 1 1 21 28 217 9 38 - -
Pekanbaru 1 1 22 20 170 18 28 1 1
Semarang 1 1 22 38 421 38 40 - -
Surabaya 1 1 25 24 279 30 36 8 -
Yogyakarta 1 1 33 33 582 51 60 - -
Overseas** - - 6 3 - - - - -
Total 18 18 459 558 5,086 500 873 69 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 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.
** Overseas Branch Offices are located in New York, Cayman Island, Singapore, Hong Kong, Taiwan and Timor Leste. Overseas Assistant Branch Office is located in Timor Leste.
100 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report PT Bank Rakyat Indonesia (Persero) Tbk 101
Page 104
Company
Profile
Organizational
Structure
GENERAL MEETING
OF SHAREHOLDERS
Board of Management
President Director
Sunarso
Vice President Director
Catur Budi Harto
Institutional Commercial, Digital and
Small and Consumer Micro Retail Funding
and Wholesale Information
Medium Business Business Business and Distribution
Business Technology
Amam Handayani Supari Andrijanto
Agus Noorsanto Arga M. Nugraha
Sukriyanto
Treasury & Ultra Micro
Global Services Commersial Business
Business Business Muhammad
Achmad Royadi Candra Utama
Value Chain & Card, Digital
Institutional Assets Product Lending & Micro IT Strategy
Treasury Ultra Micro Funding & Retail
Business Agribusiness Development Asset Product Business & Enterprise
Business Business Payment Strategy
Mochamad Nurul Intan Development Development Architecture
Itang Rusdinar Natalia Dani Wildan Andreas Hassim
Choliq Veronica Dewi Andjarsari Ardhi Setyarko Shinta Indriyaty
Small & Funding & Retail
BRILink Payment Sales Application
Investment Manufacturing & Medium Sales Consumer Sales Micro Sales
Energy & Mining Business Management & Quality
Services Property Management 1 Management 1 Management
Teguh Tofani Windriyo Management
Arie Sus Miyanti Adhi Pratama John Andre Ninis Indriswari Fita Arisanti Dhoni Ramadi
Ariwibowo Saharto Putra Revan Hadi
Adrian
Small &
Infrastructure, International Consumer Sales Social IT Infrastructure
Medium Sales Distribution
Transfortation, Business Management 2 Enterpreneurship & Operations
Management 2 Network
Oil & Gas Woro Dwi R. Madya & Incubation
Ganang Ivan Amirudin Maulana Yusuf
Yodi Herzaman Wuryandari Januar Evi Sulistyowati
Imam W
Syindication & Wealth Service & Enterprise Data
FI Non Bank Management Contact Center Management &
Martua Hanry Dewi Analytics
Trihartono
K Panggabean Hestiningrum Ajutorius Pinem
Transaction Information
Banking Security
Rudy Automo Muharto
(PGS)
Digital
Innovation
Kaspar
Situmorang
Overseas Channel Regional Office
Branch
Board of Commissioners Committee:
Audit, Nomination & Remuneration, Risk Management Monitoring,
Sub Branch Integration Governance
Cash Outlet BRI Unit
Directors Committee:
Terrace BRI Risk Management and ESG, Credit Policy, Credit, ALCO, Human Capital, IT,
Capital & Investment, Product, Procurement, PMO
102 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
BRI’s organizational structure was ratified based on NOKEP Decree: S.1043-DIR/PPM/04/2024 dated April 03, 2024, concerning the
Organization of PT Bank Rakyat Indonesia (Persero) Tbk. The following is BRI’s organizational structure as of April 03, 2024.
Board of Commissioners
Risk Human Finance Compliance
Management Capital
Viviana Dyah Ahmad Solichin
Agus Agus Ayu R.K. Lutfiyanto
Sudiarto Winardono
Fixed Assets
Human Capital Change Management &
Operations Internal Audit
Strategy Management & Procurement
I Nyoman Transformation Yulianto
Steven Augustino Aestika Oryza
Sugiri Yasa Office Setiawan
Yudhiyantho Gunarto
Human Planning, Change Fixed Assets Audit Standard
Payment Human Capital Budgeting & Management Corporate & Quality
Market, Portfolio Capital Business Management
Operation Strategy & Policy Performance Compliance & Procurement Secretary Development
& Enterprise Risk Partner 1 Management Policy
Andini Nauli Carang Soni Daniel Kris Hananto Agustya Hendy
Ety Yuniarti M. Dadang A. Eddy Tri Ferdinandus Muhammad Ronald Setiadi
Nasution Thombara Putra Bernadi (PGS)
Permana KF Wibowo (PGS) Ikhtiarso
Financial & Project
Credit & Product Human Corporate Management Management Procurement & Head Office
Credit Risk Policy Capital Business University Acounting Office Legal Logistic Audit
Operation
Nugroho Partner 2 Indah Koes Hariyono Operation
Asep Nurdin Christina Bunga Herlina Muhammad
Ari Bawono Issuhersatyo Bayuwijayanti Dianingrum Oktaviyanti Syafri Rakhmat Antariksa (PGS)
Operational Marketing
Culture Investor Policy & Communication Special
Excellence Digital Risk Transformation Relation Procedure Investigation
Gibbon Mardame Nugroho Roma Jaka Audit
Abd. Wahid Bret Matthew Kusnandar Permata
Parsaoran Tamba Pancayogo Wijaya Ginesky Nurgraha Simanjuntak Heddi Sabara
Subsidiary Environmental,
Operational Risk Management Social &
Dodo Marjanto Sahat Governance
Pangabahan Yosephine Ajeng
Pangaribuan Sekar Putih
Wholesale Credit
Risk Analyst
Iman Nuraprianto Assets &
Liabilities
Management
Nurcholishiana Directors Business
Credit Choirunnisa
Restructuring & SEVP Business Support
Recovery
Dedy Hendrianto Division Support
Desk Supervision
Executive Coordination
Risk Officer Functional
Dhewayani
Widyasari
Regional Audit
Subsidiary Office
The members of the Committee under the Board of Commissioners as of December 31, 2024, are as follows:
1. Audit Committee: Rofikoh Rokhim (Chairman), Heri Sunaryadi, Agus Riswanto, Haryo Baskoro Wicaksono, A. Sigid Sudahno, Sandra Chalik, Cahyo Yuliarso.
Baskoro Wicaksono, Irwanto, Bintoro Nurcahyo, Loethano Boy Meizardi, Donny 4. Integrated Governance Committee: Paripurna Poerwoko Sugarda (Chairman),
Himawan, Thauriq Anwar. Kartika Wirjoatmodjo, Rofikoh Rokhim, Dwi Ria Latifa, Heri Sunaryadi, Haryo
2. Nomination and Remuneration Committee: Heri Sunaryadi (Chairman), Rofikoh Baskoro Wicaksono, Tedi Nurhikmat, Tjondro Prabowo, Maria Ulpah, Johanes
Rokhim (Secretary), Kartika Wirjoatmodjo, Rabin Indrajad Hattari, Awan Nurmawan Kuntjoro Adisardjono, Ayahanita K., Abdul Ghoni, Eko Wahyudi, Mohammad
Nuh, Dwi Ria Latifa, Nurmaria Sarosa, Agus Riswanto, Paripurna P. Sugarda, Haryo Hidayat, Donsuwan Simatupang, Diah Defawati Ade, Agoosh Yosran, Yudi Priambodo
Baskoro Wicaksono, M. Dadang Permana K.F. Purnomo Sidi, Muhammad Cholil Nafis, Nurhaida, Kahlil Rowter
3. Risk Management Monitoring Committee: Nurmaria Sarosa (Chairman), Rofikoh The names of the members of the Committee under the Board of Directors can be
Rokhim, Rabin Indrajad Hattari, Heri Sunaryadi, Awan Nurmawan Nuh, Haryo found in the Corporate Governance Chapter.
PT Bank Rakyat Indonesia (Persero) Tbk 103
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Company
Profile
List of
Association Membership
Bank BRI actively joins a number of organizations and associations is a strategic step for Bank BRI in running banking business
related to its core business to maintain developments in the activities by noticing the Environmental, Social, and Governance
business environment, expand the network, and strengthen BRI’s (LST) aspects. Nevertheless, BRI does not provide financial
contribution, synergy and existence in creating a sustainable contributions outside of regular membership fees. Until the end
business climate. Being a member of several organizations of 2024, BRI is listed as a member of the following associations:
Table of Association Membership
Participation
No. Association Name Purpose Scale
Position
Himpunan Bank Milik Negara Developing Indonesia's capital market as an industry capable of
1. Chairman National
(Himbara) supporting the national economy.
Bankers Association for Risk Becoming a banking partner in realizing a national banking industry with the
2. Chairman National
Management (BARA) best practical standards that can optimally manage risks.
Head of
Forum Komunikasi Direktur Serving as a communication and consultation platform among Professional
3. National
Kepatuhan Perbankan (FKDKP) Compliance Directors within Indonesia's banking sector. Development
Division
An association dedicated to protecting the interests of Indonesia’s
Head of Research
Asosiasi Satelit Indonesia satellite business, particularly through regulations that support the
4. and Data Center National
(ASSI) domestic industry while fostering national potential in satellite and
Division
space technology.
Head of V
Forum Human Capital A platform for knowledge sharing, information exchange, and Culture & Social
5. National
Indonesia (FHCI) collaboration related to HC across all BUMN Responsibility
Division
An association that acts as the operator of the Indonesian Government
Himpunan Pedagang Surat
6. Bond (Surat Utang Negara/SUN) market, committed to improving Vice Chairman II National
Utang (HIMDASUN)
liquidity and transparency in the government bond sector.
Vice Chairman
Asosiasi Dana Pensiun Supporting the role of the DPLK (Pension Fund) industry in Indonesia to of Legal and
7. National
Lembaga Keuangan (ADPLK) help the government enhance public welfare. Compliance
Division
Association of Certified Fraud Deputy Director of
Indonesia’s largest professional anti-fraud organization, leading in
8. Examiners (ACFE-Indonesia Public Relations & National
education, research, advocacy, and anti-fraud development.
Chapter) Publication
An association proactively involved in setting standards and measures to
Asosiasi Sistem Pembayaran
9. promote digital payments, representing the industry in discussions with Secretary General National
Indonesia (ASPI)
regulators and policymakers.
Association Cambiste An organization representing more than 800 professionals in the financial
Internationale - Financial market sector, including money markets, foreign exchange, derivatives,
10. Secretary General National
Markets Association Indonesia bonds, and brokerage. Affiliated with ACI Paris and IBI, this organization
(ACI-FMA) continues to evolve alongside financial market integration.
Developing the banking internal audit profession to enhance the
Ikatan Auditor Internal Bank effectiveness of risk management implementation, internal controls, and Deputy Secretary
11. National
(IAIB) good governance, ultimately contributing to a robust and sound financial General
industry in Indonesia.
ACCD-designated banks are those deemed capable of facilitating Rupiah
and Yuan transactions under the agreed LCS framework. These banks
Appointed Cross Currency
12. demonstrate strong financial health and resilience, experience in trade/ Secretary National
Dealer (ACCD)
investment transactions, extensive financial services capabilities, and
established relationships with partner-country banks.
104 PT Bank Rakyat Indonesia (Persero) Tbk
Page 107
2024 Annual Report
Participation
No. Association Name Purpose Scale
Position
An association responsible for providing domestic financial market
Asosiasi Pasar Uang dan Valuta
13. participants with information on benchmark reform agendas and interest General Treasurer National
Asing Indonesia (APUVINDO)
rate reference recommendations.
Ensuring that the code of ethics for custodian services is upheld by its
Asosiasi Bank Kustodian
14. members, ensuring compliance with Indonesia's legal and regulatory Treasurer National
Indonesia (ABKI)
framework.
Developing the role of trustees, ensuring regulatory compliance, and
Asosiasi Wali Amanat
15. enhancing professionalism in the capital market industry, particularly Treasurer National
Indonesia (AWAI)
concerning bond issuance and other debt securities.
An organization that connects various global communities with a shared Member
16. World Economic Forum vision, engaging businesses, governments, and NGOs in discussions and (Associate International
collaborations on economic, social, and environmental challenges. Partners Category)
Partnership for Carbon
17. Conducting disclosure of financed emissions. Member International
Accounting Financials (PCAF)
United Nations Global Committed to sustainability and supporting the achievement of the
18. Member International
Compact (UNGC) Sustainable Development Goals (SDGs).
Asia Pacific Loan Market Expanding connections and relationships with banks across the Asia-
19. Member International
Association (APLMA) Pacific region to explore potential syndicated loan agreements.
Industrial Relation (IR) A platform for knowledge sharing and information exchange regarding
20. Member National
Himbara Investor Relations (IR) policies within Himbara banks.
A collaborative forum integrating cooperation between PPATK,
Public Private Partnership –
21. APGAKUM, and the banking sector to prevent drug-related crimes and Member National
INTRACNET PPATK
business email compromise (BEC) fraud schemes.
Bringing together and coordinating digital forensic analysts and
Asosiasi Forensik Digital
22. enthusiasts within an association to drive progress for its members and Member National
Indonesia (AFDI)
contribute to the nation.
A forum for discussing issues and practices related to deepening and
Indonesia Foreign Exchange
23. developing Indonesia’s financial markets, including the impact of Ad Hoc Repo National
Market Committee (IFEMC)
international financial markets.
Indonesia Contact Center An organization providing updates on Contact Center developments,
24. Member National
Association (ICCA) benchmarking, and technological advancements.
Lembaga Alternatif
An institution handling non-financial disputes with approval from the
25. Penyelesaian Sengketa-Jasa Member National
Financial Services Authority (OJK).
Keuangan (LAPS-JK)
Asosiasi Penyelenggara An association providing updates on regulations or government policies
26. Jaringan Telekomunikasi both central and regional concerning telecommunications networks, Member National
(APJATEL) particularly BRI-owned Fiber Optic (FO) infrastructure.
A nonprofit association regulating internet service providers to ensure
Asosiasi Penyelenggara Jasa
27. efficient interconnection among licensed internet service providers in Member National
Internet Indonesia (APJII)
Indonesia.
An association serving as a platform for stakeholders in information
Masyarakat Telematika
28. technology, communications, and broadcasting, including businesses, Member National
(MASTEL)
organizations, associations, and professionals.
Perhimpunan Bank Nasional A forum for discussions, including current taxation issues and strategic
29. Member National
(Perbanas) tax-related recommendations.
Inisiatif Keuangan A communication platform among financial institutions in Indonesia
30. Member National
Berkelanjutan Indonesia (IKBI) related to sustainable finance.
An association managing specific issues related to mutual fund sales,
Asosiasi Bank Agen Penjual
from the preparation stage (Waperd licensing, PPL, exam locations),
31. Efek Reksa Dana Indonesia Member National
sales process (PPJ control, KYC, NPWP validation), to reporting and data
(ABAPERDI)
management.
PT Bank Rakyat Indonesia (Persero) Tbk 105
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Company
Profile
Board of Directors’
Profile
Sunarso
President Director
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Pasuruan, in 1963. Age 61 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND ACHIEVEMENT
• Bachelor of Agronomy, Bogor Agricultural Institute (1988). • Impact on Financial Industry , Kumparan Awards (Desember 2024).
• Master of Business Administration, University of Indonesia (2002). • Excellence in CEO Leadership, CNBC Indonesia Awards ( Desember
• Professional Education: 2024).
1. Creative Strategic Thinking for Innovation – Australian • The Best CEO, Most Expansive Sustainable Financing Activities,
Graduates School of Management, University of New TOP CEO Indonesia Awards , Tempo IDN (November 2024).
South Wales, Sydney Australia (2008). • CEO Of The Year , Detikcom Awards (Oktober 2024).
2. Market Driving Strategies – London Business School, UK • Sustainable Leader of the Year – Lestari Award (August 21, 2024).
(2009). • Best CEO (Gold) – Asia Best Companies (June 2024).
3. Strategic Business Leadership: Engagement, Performance • TOP Leader on CSR Commitment 2024 – MSI Group (May 27,
& Execution – University of Chicago – Graduate School of 2024).
Business, USA (2011). • The Best Banking CEO In Digital Brand 2024 – Infobank (April 1,
4. High Performance Leadership – The IMD – Lausanne, 2024).
Switzerland (2012). • Best CEO of Communication – BCOMSS Ministry of SOEs (March 7,
5. Leadership, Strategy and Implementation – Kellog School 2024).
of Management, Northwestern University – Evaston, • Maestro CEO of The Year - CNBC Indonesia Award 2023, CNBC
Illinois – USA (2013). Indonesia (December 13, 2023).
6. Decision Making for Leaders – Melbourne University, • CEO of the Year - Infobank Top 100 CEO & The Next Leaders Forum
Australia (2014). 2023, Infobank Magazine (December 5, 2023).
7. Revamping The Capability in Loan Analysis : Revisit The • The Most Committed Chief Executive Officer State-Owned
Core Techniques in Loan Underwriting Methods For Enterprises in Driving Technological Change - TOP BUMN Awards,
Various Loan Types , Loan Monitoring and Problem Loan Indonesian Business (November 30, 2023).
Resolution, BARa ,Bandung (2014). • Best Performance Chief Executive Officer in Encouraging
8. Systemic, Operational, and Infrastucture Risk Management, Corporate Culture Transformation to Maintain Business Growth -
Universitas Commerciale Luigi Bocconi, Italy and Erasmus CEO Achievement Awards 2023, CEO Business Forum Indonesia &
University (2016). Warta Ekonomi (October 14, 2023).
9. Geopolitic Risk Related to Asia, International Risk • The Best CEO - Asia’s Best Companies, FinanceAsia Award 2023
Management Refreshment Program, National Chengchi (Hong Kong, June 28, 2023).
University, Taipei Taiwan and IBI and UGM (2018). • The Best CEO Across All Industries - The 8th Annual SPEx2® DX
10. Managing Cyber Risk Post Pandemic, Risk Management Award 2023, One GML x Kontan (June 28, 2023).
Refreshment Program, BARa (2020). • Pemimpin Terpopuler di Media Online 2023 - The 1st Indonesia
11. International Risk Management Refreshment Program, GPR Awards (IGA) 2023, PR Indonesia (June 16, 2023).
BARa-MM UGM-IBI (2022). • The Most Reputable Banking CEO in Digital Platform 2023 - 12th
12. Qualification 7 Field of Bank Risk Management , Level 7 Infobank - Isentia Digital Brand 2023, Infobank Magazine (April 12,
Competency Certificate, LSPP (2023). 2023).
13. Executive Course on “ Strategic Management and Leadership • The Most Admired CEO of State Owned Bank - Indonesia Property
Cohort 3”, Republic Indonesia Defense University ( 2024). & Bank Award 2023, Property & Bank Magazine (March 20, 2023).
14. Indonesian Banking In Supporting Indonesia Towards a • The Best CEO with Distinction (kategori Company With More Than
Low Carbon Economy, Risk Management Refreshment 1.000. Employees) - Indonesia Best CEO 2022, SWA Media Group &
Program - BARa ( 2023). Dunamis Organization Service (March 1, 2023).
15. Improving the Effectiveness of Risk Management • Leadership Excellence Award - CNBC Indonesia Awards 2022,
Implementation to Realize a Sustainable Banking Industry, CNBC Indonesia (December 12, 2022).
Risk Management Alignment, BARA (2024).
106 PT Bank Rakyat Indonesia (Persero) Tbk
Page 109
2024 Annual Report
• Top State Owned Banker 2022 - Tokoh Finansial Indonesia Award • Financial Figures 2021 - Economic Review: Indonesia Finance
2022, Investor Magazine - Berita Satu (December 9, 2022). Award-IV 2021.
• Best of the Best “Marketeer of The Year 2022” - Marketeer of the • The Best CEO In Value Creation - Infobank Top BUMN 2021.
Year Award 2022, MarkPlus, Inc. & Indonesia Marketing Association • The Best CEO CSR of The Year - Nusantara CSR Award 2021 (La Tofi
(December 8, 2022). School of CSR).
• The Best Industry Marketing Champion 2022 - Marketeer of the • The Best CEO Series 2021 (Infobank).
Year Award 2022, MarkPlus, Inc. & Indonesia Marketing Association • The Best CEO – GRC & Performance Excellence Award 2021.
(December 8, 2022). • Top CEO Award 2021 - Tras n Co.
• The Asian Banker CEO Leadership Achievement for Indonesia • The Best CEO of the company Tbk - 10th Anugerah BUMN 2021.
Award - Asian Banker Best CEO and Managed Bank Awards 2022. • The Best CEO, Kategori Strategic Orientation Perusahaan (Tbk),
• CEO of The Year 2022 - Top 100 CEO Infobank Magazine (November 10th Anugerah BUMN 2021.
23, 2022). • The Best CEO - iNews Maker Award 2021 (MNC Televisi Network).
• Most Popular Leader/CEO on Social Media 2022 for BUMN Tbk • Top National Banker 2020 (Indonesian Financial Figures 2020 -
category - Jamboree PR Indonesia (JAMPIRO) 2022. Investor Magazine).
• Most Popular Leader/CEO on Social Media 2022 for the BUMN • The Best CEO in Banking Transformation (CNBC Award 2020).
Tbk category - Indonesian Public Relations Award (AHI) 2022, PR • Best CEO of The Year untuk kategori Sustainable Development
Indonesia. Goals Contribution (People of The Year 2020 - Metro TV).
• Figures in Financing and Empowering MSMEs - Rakyat Merdeka • The Best CEO, Bisnis Indonesia TOP BUMN Award 2020.
Award 2022 “For Indonesia to Recover and Rise” “. • Best Innovative CEO (IDX Channel – Anugerah Inovasi Indonesia
• Winners of ‘Indonesia DEI & ESG Awards 2022’ (Most Popular 2020).
Category in Online Media 2021) - Humas Indonesia, PR Indonesia • The Best CEO & GRC Leader 2020, GRC & Performance Exellence
Group (August 5, 2022). Award 2020.
• The Best ‘SME Banker of The Year’ 2022 - The Asset Triple A (The • Best Visionary CEO of the Company Tbk (Anugerah BUMN 2020,
Asset Asian Award) Treasury Trade, Sustainable Supply Chain BUMN Track).
& Risk Management (Singapore, 6th July 2022) from The Asset • Best CEO Talent Development (Anugerah BUMN 2020, BUMN Track).
Magazine (Hongkong). • Indonesia Humane Entrepreneurship Award 2019.
• Business Person of The Year 2021 - Fortune Indonesia 2022. • The Best CEO BUMN: Talent Development (Anugerah BUMN 2018,
• The Best CEO for Corporate Digital Transformation - Digitech BUMN Track)
Award 2022. • The Best CEO BUMN: The Best Good Corporate Governance &
• The Best CEO - 11th Anugerah BUMN 2022 (BUMN Track). Service, 7sky Media, (2018).
• The Best CEO - CNBC Indonesia Award 2021. • The Best CEO: The Best Transformative Leader, 7sky Media, (2018).
• Indonesia Most Admired CEO 2021 with Outstanding Leadership • Most Admired CEO Award 2018 pada kategori Leadership for
in Developing Digital Business Transformation Through Financial Digital Transformation of Pawning Business (Warta Ekonomi).
Technology - Warta Ekonomi. • The Best CEO diberikan oleh DataGovAi Award.
• Top National Banker 2021 - Best Indonesian Financial Figures & • The Best SME Banker 2013 in Asia Pacific : The Triple A Awards
BUMN 2021 - Investor Magazine, Satu Media Holding News. from The Asset Magazine (Hong Kong).
• Infobank Bankers of The Year 2021 - Infobank Top 100 CEO 2021. • The Most Influential People in Southeast Asia – Leading Corporate
• The Most Popular Leader In Social Media 2021 (BUMN Leader & Commercial Bankers from Alpha Southeast Asia Magazine
Category Tbk) - PR Indonesia. (2012).
CERTIFICATION TERM OF OFFICE
Level 7 Risk Management Certification • 2019 – 2024 (First Period).
• 2023 – 2028 (Second Period).
WORK EXPERIENCE
CONCURRENT POSITIONS
• Director of Commercial & Business Banking of Bank Mandiri
(2010 – 2015). • Chairman of Asset and Liability Committee (ALCO) BRI
• Deputy President Director of BRI (2015 – 2017). (2019-present).
• President Director of PT Pegadaian (Persero) (2017 – 2019). • Chairman of Risk Management Committee BRI (2019-
• Deputy President Director of BRI (2019). present).
• President Director of BRI (2019 – present). • Chairman of Environmental, Social & Governance (ESG)
Committee of BRI (2019- present).
• Permanent Member of Credit Committee BRI (2019-
present).
LEGAL BASIS OF APPOINTMENT
• Chairman of Credit Policy Committee BRI (2019- present).
• Chairman of Human Capital Committee for Planning &
First appointed as Deputy President Director of BRI at the Policy at BRI (2019- present).
Extraordinary GMS on January 3, 2019. Appointed as President • Chairman of Human Capital Talent Committee BRI (2019-
Director of BRI based on the Extraordinary GMS on September 2, present).
2019. Effective after obtaining OJK approval for the Fit and Proper • Chairman of Human Capital Committee for BRI Performance
Test in accordance with OJK Letter Number 56/ KDK.03/2019 Management (2019- present).
dated December 20, 2019. Then he was reappointed as President • Chairman of Human Capital Committee for Ethics
Director based on the Annual GMS on March 13, 2023. & Discipline 1 BRI (2019- present).
• Chairman of Project Management Office Steering
Committee BRI (2019- present).
BRI SHARE OWNERSHIP Does not have a position in another public company.
5.658.656 shares
PT Bank Rakyat Indonesia (Persero) Tbk 107
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Company
Profile
Catur Budi Harto
Vice President Director
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Demak, in 1963. Age 61 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Agronomy, Bogor Agricultural University (1986). • 2019 – 2024 (First Period).
• Master of Management, Prasetya Mulya University (2002). • 2024 – 2029 (Second Period).
CERTIFICATION CONCURRENT POSITIONS
• Level 7 Risk Management Certification. • Alternate Chairman I concurrently a permanent member of
• Certified Wealth Manager from The Certified Wealth Asset and Liability Committee (ALCO) BRI (2019- present).
Managers’ Association. • Alternate Chairman of Risk Management Committee BRI
(2019- present).
• Alternate Chairman of Environmental, Social & Governance
WORK EXPERIENCE (ESG) Committee BRI (2019 -present).
• Permanent Member of Credit Committee BRI (2019- present).
• Senior Executive Vice President (SEVP) BRI (2015-2016). • Alternate Chairman of Credit Policy Committee BRI (2019-
• Director of BTN (Persero) Tbk (2016 – 2017). present).
• Director of Small Business & BNI Network (2017 – 2019). • Alternate Chairman concurrently permanent member of the
• Deputy President Director of BRI (2019 – present). Human Capital Committee for Planning & Policy BRI (2019-
present).
• Alternate Chairman concurrently permanent member of
LEGAL BASIS OF APPOINTMENT Human Capital Talent Committee BRI (2019- present).
• Alternate Chairman concurrently permanent member of the
Appointed as Deputy President Director of BRI for the first time Hum Capital Committee for Performance Management BRI
based on the Extraordinary GMS on September 2, 2019. Effective (2019- present).
after obtaining OJK approval for the Fit and Proper Test in • Alternate Chairman concurrently permanent member of
accordance with OJK Letter Number 57/ KDK.03/2019 dated the Human Capital Committee for Ethics & Discipline 1 BRI
December 20, 2019. Then reappointed at the 2024 Annual GMS (2019- present).
on March 1, 2024. • Chairman of Product Committee BRI (2019- present).
• Chairman of Goods and Services Procurement Committee BRI
(2019- present).
Does not have a position in another public company.
BRI SHARE OWNERSHIP
4.045.557 shares
108 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Handayani
Director of Consumer Business
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Surabaya, in 1965. Age 59 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Dentistry, Airlangga University (1988). • 2017 – 2022 (First period).
• Master of Management, Padjadjaran University (2001). • 2022 – 2027 (Second period).
CERTIFICATION CONCURRENT POSITIONS
• Level 7 Risk Management Certification. • Vice Chairman of CWMA (2017 – present)
• Capital Market Competency Certification Level 5 • Secretary General of ASPI (2019 - present)
• Permanent Member of the Asset and Liability Committee
(ALCO) BRI (2022-present).
WORK EXPERIENCE • Permanent Member of the BRI Credit Committee
(2022-present).
• Public Relations Section, Perbanas (2016 - 2020). • Permanent member of the BRI Human Capital Talent
• Director of Marketing & Alternate Distribution PT AXA Committee (2022-present).
Mandiri (2013 – 2014). • Permanent member of the Human Capital Committee for
• Commercial Director of PT Garuda Indonesia Tbk BRI Performance Management (2022-present).
(2014 – 2016).
• Director of Consumer Banking BTN (2016 – 2017). Does not have a position in another public company.
• Director of Consumer BRI (2017 – present).
• Vice Chairman of CWMA (2017 – present).
BRI SHARE OWNERSHIP
• Secretary General of ASPI (2019 – present).
• Head of Srikandi BUMN Division (2021).
5.741.900 shares
LEGAL BASIS OF APPOINTMENT
Appointed as Consumer Director of BRI for the first time based
on the results of the Extraordinary GMS on October 18, 2017.
Effective after obtaining OJK approval or Fit and Proper Test in
accordance with OJK Letter Number KEP-44/ D.03/2018 dated
March 14, 2018. Reappointed as Director of Consumer Business
based on the results of the Annual GMS on March 1, 2022.
PT Bank Rakyat Indonesia (Persero) Tbk 109
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Company
Profile
Supari
Director of Micro Business
Citizenship : Indonesian citizen
Place and Year of Birth/Age : Born in Ngawi, in 1966. Age 58 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Agricultural Technology, Brawijaya University • 2018 – 2023 (First Period).
(1989). • 2023 – 2028 (Second Period).
• Master in Agribusiness Management, Gadjah Mada University
(2005).
CONCURRENT POSITIONS
CERTIFICATION • Permanent Member of Asset and Liability Committee
(ALCO) BRI (2023-present).
Risk Management Certification Level 5. • Permanent Member of Credit Committee BRI
(2023-present).
• Permanent Member of Human Capital Talent Committee
WORK EXPERIENCE BRI (2023-present).
• Permanent Member of Komite Human Capital Committee
• SEVP of BRI Consumer SMEs (2016 – 2017). for Performance Management BRI (2023-present).
• SEVP of BRI Network Management (2017).
• SEVP Transformation BRI (2017 – 2018). Does not have a position in another public company.
• Director of Retail and Medium Business BRI (2018 – 2019).
• Director of BRI Micro Business (2019 – present).
BRI SHARE OWNERSHIP
LEGAL BASIS OF APPOINTMENT 4.970.914 shares
Appointed as Director of BRI Micro Business for the first time
based on the Annual GMS on March 22, 2018. Effective after
obtaining FSA (OJK) approval or Fit and Proper Test according
to OJK Letter Number KEP-34/ KDK.03/2018 dated December
04, 2018. Then transferred his assignment as Director of Micro
Business at the Extraordinary GMS on September 2, 2019. Then
he was reappointed as Director of Micro Business based on the
Annual GMS on March 13, 2023.
110 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Ahmad Solichin Lutfiyanto
Director of Compliance
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Malang, in 1970. Age 54 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Agricultural Technology, University of Jember • 2018 – 2023 (First Period).
(1990). • 2023 – 2028 (Second Period).
• Master of Management, Marketing/MIS, UGM/Adger Collage
University Norway (2000).
CONCURRENT POSITIONS
CERTIFICATION • Permanent Member without Voting Rights of the BRI Asset
and Liability Committee (ALCO) (2018-present).
Risk Management Certification Level 7. • Permanent Member of the BRI Risk Management Committee
(2018-present).
• Permanent Member of the BRI Environmental, Social &
WORK EXPERIENCE Governance (ESG) Committee (2021-present).
• Member of the BRI Credit Policy Committee (2018-present).
• Deputy Head of BRI Retail Business Network Division (2012 – • Permanent Member of the BRI Information Technology
2016). Steering Committee (2018-present).
• Head of BRI Transaction Banking Division (2016 – 2017). • Permanent Member of the BRI Data Governance Committee
• Head of BRI Human Capital Policy & Development Division (2022-present).
(2017 – 2018). • Permanent member of the BRI Human Capital Talent
• Director of Compliance BRI (2018 – 2019). Committee (2022-present).
• Director of BRI Network & Services (2019 – 2021). • Permanent member of the Human Capital Committee for
• Director of Compliance BRI (2021 – present). BRI Performance Management (2022-present).
• Permanent member of the BRI Human Capital Ethics &
Discipline Committee (2022-present).
LEGAL BASIS OF APPOINTMENT • Permanent Member of the BRI Goods and Services
Procurement Committee (2022-present).
Appointed for the first time as Director of BRI since March
22, 2018 based on the results of the Annual GMS. Appointed Does not have a position in another public company.
as Compliance Director of BRI based on the results of the
Extraordinary GMS on January 21, 2021. Effective after
BRI SHARE OWNERSHIP
obtaining OJK approval or Fit and Proper Test in accordance with
OJK Letter Number SR- 94/PB.12/2021 dated April 1, 2021. Then 5.454.170 shares
he was reappointed as Compliance Director based on the Annual
GMS on March 13, 2023.
PT Bank Rakyat Indonesia (Persero) Tbk 111
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Company
Profile
Agus Sudiarto
Director of Risk Management
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Jakarta, in 1964. Age 60 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Law, University of Indonesia (1988). • 2019 – 2024 (First Period).
• Master of Management, University of Indonesia (2004). • 2024 – 2029 (Second Period).
CERTIFICATION CONCURRENT POSITIONS
Risk Management Certification Level 7 • Permanent Member of the BRI Asset and Liability Committee
(ALCO) (2019-present).
• Permanent Member of the BRI Risk Management Committee
Work Experience (2019-present).
• Permanent Member of the BRI Environmental, Social &
• President Director of Bank Syariah Mandiri (2014 – 2017). Governance (ESG) Committee (2019-present).
• SEVP Special Asset Management Bank Mandiri (2017 – 2019). • Permanent Member of the BRI Credit Committee
• Director of Risk Management BRI (2019 – present). (2019-present).
• Alternate Chairman and Permanent Member of the BRI
Capital & Investment Committee (2019-present).
LEGAL BASIS OF APPOINTMENT • Permanent Member of the BRI Credit Policy Committee
(2019-present).
Appointed as BRI Risk Management Director for the first time • Permanent Member of the BRI Information Technology
based on the results of the Extraordinary GMS on September 2, Steering Committee (2019-present).
2019. Effective after obtaining OJK approval or Fit and Proper • Permanent member of the BRI Human Capital Talent
Test in accordance with OJK Letter Number 59/ KDK.03/2019 Committee (2019-present).
dated December 20, 2019. Then reappointed at the 2024 Annual • Permanent member of the BRI Human Capital Performance
GMS on March 1, 2024. Management Committee (2019-present).
• Permanent Member of the Human Capital Committee for Job
Evaluation at BRI (2019-present).
• Permanent Member of the BRI Product Committee
(2019-present).
• Permanent Member of the BRI Goods and Services
Procurement Committee (2019-present).
• Permanent Member of BRI Project Management Office
Steering Committee (2019-present).
Does not have a position in another public company.
BRI SHARE OWNERSHIP
3.584.100 shares
112 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Agus Noorsanto
Director of Wholesale and Institutional Business
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Pandeglang, in 1964. Age 60 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Accounting, Padjadjaran University (1988). • 2019 – 2024 (First Period).
• Master of Management, Bogor Agricultural Institute (1999). • 2024 – 2029 (Second Period).
CERTIFICATION CONCURRENT POSITIONS
Risk Management Certification Level 7 • Permanent Member of BRI Credit Committee (2019-present).
• Permanent Member of BRI Human Capital Committee for
Talent (2019-present).
WORK EXPERIENCE • Permanent Member of BRI Human Capital Committee for
Performance Management (2019-present).
• SEVP Business Small, Medium & Consumer BRI (2016).
Does not have a position in another public company.
• Senior Executive Vice President Network and Services BRI
(2016 – 2017).
• President Director of BRI Agro (2017 – 2019).
• Director of Wholesale & Institutional Business BRI (2019 – BRI SHARE OWNERSHIP
present).
3.938.641 shares
LEGAL BASIS OF APPOINTMENT
Appointed as BRI’s Wholesale & Institutional Business Director
for the first time based on the results of the Extraordinary GMS
on September 2, 2019. Effective after obtaining OJK approval or
Fit and Proper Test in accordance with OJK Letter Number 59/
KDK.03/2019 dated December 20, 2019. Then reappointed at the
2024 Annual GMS on March 1, 2024.
PT Bank Rakyat Indonesia (Persero) Tbk 113
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Company
Profile
Agus Winardono
Director of Human Capital
Citizenship : Indonesian citizen
Place and Year of Birth/Age : Born in Jakarta, in 1965. Age 59 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Corporate Economics, University of Krisna 2021 – 2026 (First Period).
Dwipayana (1988).
• Master in Financial Management, PPM College of
Management (2001). CONCURRENT POSITIONS
• Doctor of HR Management, Universitas Negeri Jakarta (2024).
• Permanent Member of the Asset and Liability Committee
(ALCO) BRI (2021-present).
CERTIFICATION • Permanent Member of the Risk Management Committee BRI
(2021-present).
• Risk Management Certification Level 5. • Permanent Member of the Credit Committee BRI
• Certified Wealth Manager from The Certified Wealth (2021-present).
Managers’ Association. • Permanent Member of the Human Capital Committee,
• Qualified Internal Auditor. Planning & Policy Sector BRI (2021-present).
• Permanent Member of the Human Capital Committee, Talent
Sector BRI (2021-present).
WORK EXPERIENCE • Permanent Member of the Human Capital Committee,
Performance Management Sector BRI (2021-present).
• EVP of PT Bringin Karya Sejahtera (2016 – 2018). • Permanent Member of the Human Capital Committee, Ethics
• Head of Regional Internal Audit BRI (Padang, Lampung, & Discipline Sector BRI (2021-present).
Jakarta 2) (2018 – 2020). • Chair of the Human Capital Committee, Ethics & Discipline 2
• CEO of PT Prima Karya Sarana Sejahtera (2020). BRI (2021-present).
• Director of Human Capital BRI (2021-present). • Substitute Chair of the Human Capital Committee, Job
• Chair of Sector V FHCI BUMN (2024-present). Evaluation Sector BRI (2021-present).
• Chair of PMO for the Development of Integrated Human • Chair of Sector V FHCI BUMN (2024-present).
Capital Applications in BUMN (2023-present). • Chair of the PMO for Integrated Human Capital Application
• Vice Chair of Sector I – Digital Capacity Building Forum for Development BUMN (2023-present).
BUMN Digital (2023-present). • Vice Chair of Sector I – Digital Capacity Building Forum for
• Treasurer of BUMN School of Excellence (2023-present). BUMN Digital (FORDIGI) (2023-present).
• Treasurer of BUMN School of Excellence (2023-present).
Does not have a position in another public company.
LEGAL BASIS OF APPOINTMENT
Appointed as Director of Human Capital BRI for the first time BRI SHARE OWNERSHIP
based on the results of the Extraordinary GMS on January
21, 2021. Effective after obtaining FSA (OJK) approval or 3,469,681 shares
Fit and Proper Test in accordance with OJK Letter Number
33/KDK.03.2021 dated April 14, 2021.
114 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Amam Sukriyanto
Director of Commercial, Small and Medium Business
Citizenship : Indonesian citizen
Place and Year of Birth/Age : Born in Situbondo, in 1968. Age 56 per Desember 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Agro-industrial Technology, Brawijaya University 2021 – 2026 (First period).
(1991).
• Master of Business Administration, the University of Adelaide,
Australia (2006). CONCURRENT POSITIONS
• Permanent Member of the Asset and Liability Committee
CERTIFICATION (ALCO) BRI (2021-present).
• Permanent Member of the Credit Committee BRI
Risk Management Certification Level 5 (2021-present).
• Permanent Member of the Human Capital Committee, Talent
Division BRI (2021-present).
WORK EXPERIENCE • Permanent Member of the Human Capital Committee,
Performance Management Division BRI (2021-present).
• EVP of International Business BRI (2018 – 2020).
Does not have a position in another public company.
• EVP of Corporate Secretary Division BRI (2020).
• SEVP of Fixed Assets Management & Procurement
Directorate BRI (2020 – 2021). BRI SHARE OWNERSHIP
• Director of Small and Medium Business BRI (2021 – 2024).
• Director of Commercial, Small, and Medium Business BRI 3,623,454 shares
(2024 – present).
LEGAL BASIS OF APPOINTMENT
Appointed as the Director of Small & Medium Business BRI for
the first time based on the results of the Extraordinary General
Meeting of Shareholders (RUPS) on January 21, 2021. Effective
after obtaining approval from OJK or the Fit and Proper Test, as
per OJK Letter Number 34/KDK.03.2021 dated April 14, 2021.
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 Commercial, Small,
and Medium Business.
PT Bank Rakyat Indonesia (Persero) Tbk 115
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Company
Profile
Viviana Dyah Ayu R.K.
Director of Finance
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Surakarta, in 1978. Age 46 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Animal Husbandry, Bogor Agricultural University 2021 – 2026 (First Period).
(2001).
• Master of Business Administration, University of Rochester,
USA (2010). CONCURRENT POSITIONS
• Alternate Chair II and concurrently Permanent Member of the
CERTIFICATION BRI Asset and Liability Committee (ALCO) (2021-present).
• Permanent Member of the BRI Risk Management Committee
• Chartered Accountant Certification. (2021-present).
• Risk Management Certification Level 7. • Permanent Member of the BRI Environmental, Social &
• Certified Financial Planner (FPSB). Governance (ESG) Committee (2021-present).
• Permanent Member of the BRI Credit Committee
(2021-present).
WORK EXPERIENCE • Chairman of the BRI Capital & Investment Committee
(2021-present).
• AVP Planning, Corporate Development & Strategy BRI (2016 • Permanent Member of the BRI Data Governance Committee
– 2017). (2021-present).
• AVP Equity Management, Corporate Development & Strategy • Permanent Member of the BRI Human Capital Committee for
BRI (2017 – 2018). Talent (2021-present).
• VP Subsidiary Management Desk BRI (2018 – 2019). • Permanent Member of the BRI Human Capital Committee for
• EVP Subsidiary Management Division BRI (2019). Performance Management (2021-present).
• Director of Finance BRI (2021 – present). • Chairman of the BRI Human Capital Committee for Job
Evaluation (2021-present).
• Alternate Chairman concurrently Permanent Member of the
LEGAL BASIS OF APPOINTMENT BRI Product Committee (2021-present).
• Permanent Member of the BRI Goods and Services
Appointed as Director of Finance of BRI for the first time based Procurement Committee (2021-present).
on the results of the Extraordinary GMS on January 21, 2021. • Permanent Member of the BRI Project Management Office
Effective after obtaining OJK approval or Fit and Proper Test Steering Committee (2021-present).
in accordance with OJK Letter Number 36/ KDK.03.2021 dated
Does not have a position in another public company.
April 14, 2021
BRI SHARE OWNERSHIP
3.819.500 shares
116 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Arga M. Nugraha
Director of Digital and Information Technology
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Jakarta, in 1981. Age 43 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor of Informatics Engineering, Bina Nusantara 2021 - 2026 (First Period).
University (2003).
• Master of Science, Carnegie Mellon University, USA (2011).
CONCURRENT POSITIONS
CERTIFICATION • Permanent Member of the Asset and Liability Committee
(ALCO) BRI (2021-present).
• Risk Management Certification Level 5. • Permanent Member of the BRI Credit Committee
• Certified Trade Specialist For Basic Trade Finance (2021-present).
• CISA Review Course & Certification • Chairman of BRI Information Technology Steering Committee
(2021-present).
• Chairman of BRI’s Data Governance Committee
WORK EXPERIENCE (2021-present).
• Permanent member of the BRI Human Capital Talent
• AVP Cash Management, Transaction Banking Division BRI Committee (2021-present).
(2016 – 2018). • Permanent member of the Human Capital Committee for BRI
• VP E-Banking, Retail Payment Division BRI (2018 – 2020). Performance Management (2021-present).
• EVP Brilink Network Division BRI (2020 – 2021). • Permanent Member of the BRI Product Committee
• Director of Network & Services BRI (2021 – 2022). (2021-present).
• Director of Digital & Information Technology (2022 – • Permanent Member of the BRI Project Management Office
present). Steering Committee (2021-present).
Does not have a position in another public company.
LEGAL BASIS OF APPOINTMENT
BRI SHARE OWNERSHIP
Appointed as Director of Network & Services of BRI for the first
time based on the Results of the Extraordinary GMS on January
3.421.385 shares
21, 2021. Effective after obtaining OJK approval or the Fit and
Proper Test according to OJK Letter Number 35/KDK.03.2021
dated April 14, 2021. At the Annual GMS on March 1, 2022,
his duties were transferred to Director of Digital & Information
Technology.
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Profile
Andrijanto
Director of Retail Funding and Distribution
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Surabaya, in 1974, Age 50 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATION BACKGROUND TERM OF OFFICE
• Bachelor (Accounting), Airlangga University (1998). 2022 - 2027 (First Period).
• Master (Finance), Indiana University, USA (2012).
CONCURRENT POSITIONS
CERTIFICATION
• Permanent Member of the BRI Asset and Liability Committee
Level 7 Risk Management Certification (ALCO) (2022-present).
• Permanent Member of the BRI Credit Committee
(2022-present).
WORK EXPERIENCE • Alternate Chair concurrently Permanent Member of the BRI
Information Technology Steering Committee (2022-present).
• Head of BRI Corporate Development & Strategy Division, PT • Alternate Chairperson concurrently serving as Permanent
Bank Rakyat Indonesia (Persero) Tbk (2019-2021). Member of BRI’s Data Governance Committee (2022-present).
• Head of BRI Planning, Budgeting & Performance Management • Permanent member of the BRI Human Capital Talent
Division, PT Bank Rakyat Indonesia (Persero) Tbk (2021-2022). Committee (2022-present).
• Director of BRI Network and Services (2022 – 2024). • Permanent member of the Human Capital Committee for BRI
• Director of BRI Retail Funding and Distribution (2024-Present). Performance Management (2022-present).
• Permanent Member of the BRI Product Committee
(2022-present).
LEGAL BASIS OF APPOINTMENT • Permanent Member of the BRI Project Management Office
Steering Committee (2022-present).
Appointed as Director of BRI Network and Services for the first
Does not have a position in another public company.
time based on the Annual General Meeting of Shareholders of
PT Bank Rakyat Indonesia (Persero) Tbk dated March 1, 2022.
Effective after obtaining OJK approval or the Fit and Proper Test BRI SHARE OWNERSHIP
according to OJK Letter Number 15/KDK.03/2022 dated June 22,
2022. At the 2024 Annual GMS on March 1, 2024, there was a 2.989.700 shares
change in nomenclature from Director of Network and Services
to Director of Retail Funding and Distribution.
118 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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 Controlling Board of Board of Controlling Relations
Name Position
Commissioners Director shareholders * Commissioners Director shareholders *
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Sunarso President Director
Catur Budi
Vice President Director
Harto
Director of Consumer
Handayani
Business
Director of Micro
Supari
Business
Ahmad
Solichin Director of Compliance
Lutfiyanto
Agus Director of Risk
Sudiarto Management
Agus Director of Wholesale and
Noorsanto Institutional Business
Agus Director of Human
Winardono Capital
Director of Commercial,
Amam
Small, and Medium
Sukriyanto Business
Viviana Dyah
Director of Finance
Ayu R.K.
Arga M. Director of Digital and
Nugraha Information Technology
Director of Retail
Andrijanto Funding and
Distribution
Directly or indirectly
*
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 2024, there were no changes in the composition of the Board of Directors. However, during the 2024 Annual General Meeting of
Shareholders (RUPS), the following decisions were made regarding the management of the Company:
1. Honorably dismissed the following individuals as Company 2. Changed the nomenclature of the following Board of
Management: Directors members:
a. Catur Budi Harto as Vice President Director a. Director of Small and Medium Business became Director
b. Agus Noorsanto as Director of Wholesale and Institutional of Commercial, Small, and Medium Business.
Business b. Director of Network and Services became Director of
c. Agus Sudiarto sebagai as Director of Risk Management Retail Funding and Distribution.
PT Bank Rakyat Indonesia (Persero) Tbk 119
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Company
Profile
3. Transferred assignments of the following individuals as 4. Appointed the following individuals as Company
members of the Board of Directors: Management:
a. Amam Sukriyanto, previously Director of Small & Medium a. Catur Budi Harto as Vice President Director
Business, became Director of Commercial, Small, and b. Agus Noorsanto as Director of Wholesale and Institutional
Medium Business. Business
b. Andrijanto, previously Director of Network and Services, c. Agus Sudiarto as Director of Risk Management
became Director of Retail Funding and Distribution
Thus, the composition of the Board of Directors after the 2024 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 the Board of Directors
Name Position Executor Basis of Appointment Effective date
• Extraordinary GMS on January 3, 2019
Sunarso President Director OJK • Extraordinary GMS on September 2, 2019 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
• Extraordinary GMS on October 18, 2017
Handayani Director of Consumer Business OJK March 14, 2018
• 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 and • Extraordinary GMS on September 2, 2019
Agus Noorsanto OJK December 20, 2019
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 Ayu R.K. Director of Finance OJK Extraordinary GMS on January 21, 2021 April 14, 2021
Director of Digital and
Arga M. Nugraha OJK Extraordinary GMS on January 21, 2021 April 14, 2021
Information Technology
Director of Retail Funding and
Andrijanto OJK Annual GMS on March 1, 2022 June 22, 2022
Distribution
120 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Board of Commissioners’
Profile
Kartika Wirjoatmodjo
President Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Surabaya, in 1973. Age 51 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
• Bachelor of Accounting, University of Indonesia (1996). 2020 – 2025 (First Period).
• Master of Business Administration, Erasmus University,
Rotterdam, Netherlands (2001).
CONCURRENT POSITIONS
CERTIFICATION - Chairman of the National Bank Association (PERBANAS)
(2016-present).
Risk Management Certification Level 7 - Member of the APEC Business Advisory Council (ABAC) -
Indonesia Member (2017-present).
- Deputy Minister of State-Owned Enterprises (2019-present).
WORK EXPERIENCE - Member of the BRI Nomination and Remuneration Committee
(2020-present)
• Deputy Chairman of the Standing Committee for State- - Member of the BRI Integrated Governance Committee
Owned Enterprises and Regional-Owned Enterprises General (2020-present).
Banking - Indonesian Chamber of Commerce and Industry - Deputy Chairman of the Indonesian Chamber of Commerce
(KADIN) (2015-2021). and Industry for BUMN - Indonesian Chamber of Commerce
• President Director of Bank Mandiri (2016 - 2019). and Industry (KADIN) (2021-present).
• Chairman of the National Bank Association (PERBANAS)
Does not hold any positions in other public companies.
(2016-present).
• Member of the APEC Business Advisory Council (ABAC) -
Indonesian Member (2017-present). BRI SHARE OWNERSHIP
• President Commissioner of Bank Mandiri (2019-2020).
• Deputy Minister of State-Owned Enterprises (2019-present). 1.678.000 shares
• President Commissioner of BRI (2020-present).
• Deputy Chairman of the Indonesian Chamber of Commerce
and Industry for State-Owned Enterprises - Indonesian
Chamber of Commerce and Industry (KADIN) (2021-present).
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
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Rofikoh Rokhim
Vice President Commissioner/ Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Klaten, in 1971. Age 53 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND WORK EXPERIENCE
• Bachelor of Economics from the Islamic University of • Lecturer and Researcher at the Faculty of Economics and
Indonesia, Yogyakarta (1993). Business, University of Indonesia (2006 – present).
• Bachelor of Political Science from Gadjah Mada University, • Head of the Indonesian Business Intelligence Unit (2008-2013).
Yogyakarta (1994). • Risk Management and Audit Committee of PT Pos Indonesia
• Master Specialist in Public Finance from the French Prime (2012-2015).
Minister, Institute International d’ Administration Publique • Anti-Oil and Gas Mafia Task Force, Ministry of Energy and
(IIAP)-Ecole National d’ Administration (ENA) Paris (2000). Mineral Resources (2014-2015).
• D.E.A (M.Phil) in International and Development Economics • Committee on Services and Membership and Organizational
from Université de Paris 1 Panthéon Sorbonne, Paris (2002). Performance Management Policy and HR BPJS TK (2015-2017).
• Ph.D. in Economics (Applied Macro and Micro Economics • President Commissioner of PT Hotel Indonesia Natour
Development Studies in Finance) from Université de Paris 1 (Persero) (2015-2017).
Pantheon-Sorbonne, Paris (2005). • Village Fund Task Force, Ministry of Villages, Disadvantaged
Professional Education: Regions and Transmigration (2016-2017).
- Internationale Weiterbildung und Entwicklung gGmbH • Independent Commissioner of BRI (2017 – 2021).
(2007) • Vice President Commissioner/Independent Commissioner of
- Massachusetts Institute of Technology (2008 - 2009) BRI (2021 – present).
- INSEAD (2014)
- Harvard Kennedy School (2015) LEGAL BASIS OF APPOINTMENT
- Harvard Business School (2016)
- Wharton Business School (2018) Appointed as Independent Commissioner of BRI for the first time
- Stanford Graduate School of Business (2018) based on the Extraordinary GMS on October 18, 2017. Appointed
- Said Business School University of Oxford (2018) as Deputy President Commissioner/Independent Commissioner
- Chicago Booth School of Business (2019) at the Extraordinary GMS on October 7, 2021. Effective after
- London School of Economics and Political Science (2019) obtaining OJK approval or Fit and Proper Test in accordance with
- Institute Management Development (2021) OJK Letter Number 64 / KDK. 03/2021 on November 30, 2021
- Kellogg School of Management (2022)
- Columbia Business School (2022)
- NYU Stern School of Business (2023) CONCURRENT POSITIONS
- Hass School of Business (2023)
- Darden School Business (2024) • Lecturer and Researcher at the Faculty of Economics and
- Ross School of Business (2024) Business, University of Indonesia (2006-present).
• Member of the BRI Audit Committee (2017-2024).
• Member of the BRI Nomination and Remuneration Committee
CERTIFICATION (2018-present).
• Indonesian Stock Exchange Company and Trading Appraisal
• Risk Management Certification Level 6 Committee (2023-present).
• Chartered Accountant (CA) • Chairman of the BRI Audit Committee (2024-present).
• Indonesia Internal Audit Practitioner (IIAP) • Member of BRI Risk Management Monitoring Committee (2024
- present)
Does not have a position in another public company.
TERM OF OFFICE
• 2017 – 2022 (First Period). BRI SHARE OWNERSHIP
• 2022 – 2027 (Second Period).
Do not have
122 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Rabin Indrajad Hattari
Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Jakarta, in 1975. Age 49 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
• Bachelor of Economics and Mathematics, University of 2020 – 2025 (First Period).
Georgia, USA (1996)
• Master of Management, University of Indonesia (2001)
• Ph.D. in Economics, George Mason University, USA (2008) CONCURRENT POSITIONS
• Professional Education:
- Stanford School of Business (2023) • Planning Expert Staff, Defense Industry Policy Committee,
- Wharton Business School (2023) Ministry of Defense of the Republic of Indonesia
- Harvard Business School (2023) (2020-present).
- Harvard Business School (2024) • Member of the BRI Nomination and Remuneration Committee
(2020-present).
• Member of the BRI Risk Management Monitoring Committee
CERTIFICATION (2020-present).
• Member of the Remuneration and HR Committee, Indonesia
Risk Management Certification Level 6 Investment Agency (INA) (2021-present).
• Secretary of the Ministry of SOEs (2023-present).
Does not have a position in another public company.
WORK EXPERIENCE
• Senior Economist Asian Development Bank (2010-2020). BRI SHARE OWNERSHIP
• Lead Adviser for Australia Indonesia Economic Partnership
(2017-2018). 1.510.100 shares
• Special Staff V Ministry of SOEs (2020-2021).
• Expert Staff for Planning, Defense Industry Policy
Committee, Ministry of Defense of the Republic of Indonesia
(2020-present).
• 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) (2021-present)
• Secretary of the Ministry of SOEs (2023-present).
LEGAL BASIS OF APPOINTMENT
Appointed as 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 in
accordance with OJK Letter Number 54/ KDK.03/2020 dated
July 27, 2020.
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Awan Nurmawan Nuh
Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Bandung in 1968. Age 56 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
• Bachelor of Economics, Gajah Mada University, Yogyakarta 2023 – 2028 (First Period).
(1992).
• Master of Business Taxation, University of Southern
California, USA (1997). CONCURRENT POSITIONS
• Inspector General of the Ministry of Finance (2021 – present)
CERTIFICATION • Member of the Supervisory Board of the Indonesian Institute
of Accountants (2022 – present)
• Risk Management Certification Level 6* • Member of the Supervisory Board of the Environmental Fund
• Chartered Accountant (CA) Management Agency (2023 – present)
• Qualified Risk Governance Professional (QRGP) • Member of the BRI Nomination and Remuneration Committee
(2023 – present)
• Member of the BRI Risk Management Monitoring Committee
WORK EXPERIENCE (2023 – present)
Does not have a position in another public company.
• Expert Staff of the Minister of Finance for Tax Regulations
and Law Enforcement (2016 – 2021)
• President Commissioner of PT Penjaminan Infrastruktur BRI SHARE OWNERSHIP
Indonesia (Persero) (2020 – 2023)
• Inspector General of the Ministry of Finance (2021 – present) 712.500 shares
• Member of the Supervisory Board of the Indonesian Institute
of Accountants (2022 – present)
• Member of the Supervisory Board of the Environmental Fund
Management Agency (2023 – present)
• Commissioner of BRI (2023 – present)
LEGAL BASIS OF APPOINTMENT
Appointed as BRI Commissioner for the first time on March 13,
2023 based on the Results of the 2023 Annual GMS. Effective
after obtaining OJK approval or the Fit and Proper Test
according to OJK Letter Number SR-285/PB.02/2023 dated
December 8, 2023.
* The alignment to Level 6 was carried out in November 2024 as part of the competency testing process by the Banking Profession Certification Institute (LSPP).
124 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Dwi Ria Latifa
Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Tanjung Balai Karimun, in 1966. Age 58 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
• Bachelor of Law, Pancasila University (1990). 2020 – 2025 (First Period).
• Alumni of Lemhanas-40 (2007).
• Master of Science, Gadjah Mada University (2012).
• Professional Education: CONCURRENT POSITIONS
- Northwestern-Kellog Executive Education School of
Management (2023) • Founder and Head of Rialatifa & Partners (1992 - present)
- Harvard Business School (2023) • Founder and Member of the Expert Council of the Indonesian
- London Business School (2024) Lawyer Association (1997 - present)
- Erasmus University (2024) • Member of BRI Nomination and Remuneration Committee
(2020 - present)
• Member of BRI Risk Management Monitoring Committee
CERTIFICATION (2020 - present)
• Member of BRI Integrated Governance Committee (2020 -
Risk Management Certification Level 6 present)
• President Commissioner of PT Bersua Utama Indonesia
WORK EXPERIENCE (2022 - present)
Does not have a position in another public company.
• Founder and Head of Rialatifa & Partners Office (1992 – present).
• Founder and Member of the Expert Council of the Indonesian
Lawyers Union (1997 – present). BRI SHARE OWNERSHIP
• Member of DPR RI (2000-2004).
• Chairperson of the DPP for Women and Child Protection of Do not have
PERADI (2009 – 2014).
• Member of DPR RI (2014-2019).
• Chairperson of the Dharma Wanita Persatuan (DWP) of the
Indonesian Embassy in Cairo (2016 – 2020).
• Independent Commissioner of BRI (2020 – present).
• President Commissioner of PT Bersua Utama Indonesia
(2022 – present).
LEGAL BASIS OF APPOINTMENT
Appointed as Independent Commissioner of BRI for the first
time on February 18, 2020 based on the results of the 2020
BRI AGM. Effective after obtaining OJK approval or the Fit and
Proper Test according to OJK Letter Number 2/KDK.03/2021
dated January 20, 2021.
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Heri Sunaryadi
Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Jember, in 1965. Age 59 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND LEGAL BASIS OF APPOINTMENT
• Bachelor of Agricultural Technology from Bogor Agricultural Appointed as Independent Commissioner of BRI for the first time
Institute (1987). on October 7, 2021 based on the results of the 2021 BRI EGMS
• Master of Management BINUS Business School (2011). decision. Effective after obtaining OJK approval or the Fit and
• Professional Education: Proper Test according to OJK Letter Number SR-29/PB.12/2022
- Imperial College Business School (2023). dated February 8, 2022.
- Imperial Business School (2023).
- London Business School (2024).
- Hautes Etudes Commerciales (HEC) Paris (2024). TERM OF OFFICE
2021 - 2026 (First Period).
CERTIFICATION
• Risk Management Certification Level 6* CONCURRENT POSITIONS
• Basic Financing Certification of PT Sertifikasi Profesi
Pembiayaan Indonesia (SPPI). - Independent Commissioner – PT Tower Bersama Infrastructure
Tbk (2022 – present).
- Chairman of BRI Nomination and Remuneration Committee
WORK EXPERIENCE (2022 – present).
- Member of BRI Audit Committee (2022 – present).
• President Director of Bahana Securities (2007-2009). - Member of BRI Risk Management Monitoring Committee
• President Director of PT Bahana Pembinaan Usaha Indonesia (2022 – present).
(2009-2013). - Member of BRI Integrated Governance Committee
• President Director of PT Kustodian Sentral Efek Indonesia (2022 – present).
(2013 – 2014). Does not have a position in another public company.
• Finance Director of PT Telkom Indonesia (Persero) Tbk (2014
– 2016).
• Board of Commissioners of PT Kustodian Sentral Efek BRI SHARE OWNERSHIP
Indonesia (2016 – 2018).
• Board of Commissioners of PT Merdeka Cooper Gold Tbk Do not have
(2018 – 2021).
• Independent Commissioner of BRI (2021 – Present).
• Independent Commissioner of PT Tower Bersama
Infrastructure Tbk (2022-Present).
* The alignment to Level 6 was carried out in November 2024 as part of the competency testing process by the Banking Profession Certification Institute (LSPP).
126 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Paripurna Poerwoko Sugarda
Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Yogyakarta, in 1957. Age 67 as of December 2024.
Domicile : Yogyakarta, Indonesia
EDUCATIONAL BACKGROUND LEGAL BASIS OF APPOINTMENT
• Doctor of Management, Islamic University of Indonesia (1984) Appointed as Independent Commissioner of BRI for the first time
• Bachelor of Law, Gadjah Mada University (1986). on March 1, 2022 based on the Results of the 2022 GMS. Effective
• Master of Law, Gadjah Mada University (1999) after obtaining OJK approval or the Fit and Proper Test according
• Master of Law, University of Groningen (2008). to OJK Letter Number 28/KDK.03/2022 dated August 8, 2022.
• Doctor of Law, Gadjah Mada University (2012).
• Professional Education:
- Harvard Law School (1996)
- University of New South Wales (1998) TERM OF OFFICE
- Georgetown University (2000)
- Maastricht University (2010) 2022 - 2027 (First Period).
- Harvard Business School (2023)
- Harvard Business School (2024)
CONCURRENT POSITIONS
CERTIFICATION - Lecturer at the Faculty of Law, Universitas Gadjah Mada
(1988-present).
Risk Management Certification Level 6* - Member of the BRI Integrated Governance Committee (2022-
2024).
- President Commissioner of PT Kaltim Methanol Industri
WORK EXPERIENCE (2022-present).
- Member of the BRI Nomination and Remuneration Committee
• Lecturer at the Faculty of Law, Gadjah Mada University (2022-present).
(1988-present). - Chairman of the BRI Integrated Governance Committee
• Dean of the Faculty of Law, Gadjah Mada University (2012- (2024-present).
2014).
Does not have a position in another public company.
• Vice Rector for Cooperation and Alumni, Universitas Gadjah
Mada (2014 - 2022).
• Head of Asia Pacific Research Center, Universitas Gadjah BRI SHARE OWNERSHIP
Mada (2020 - 2022).
• Independent Commissioner of BRI (2022 – present). Do not have
• President Commissioner of PT Kaltim Methanol Industri
(2022 – Present).
* The alignment to Level 6 was carried out in November 2024 as part of the competency testing process by the Banking Profession Certification Institute (LSPP).
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Company
Profile
Agus Riswanto
Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Delanggu, in 1962. Age 62 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
• Bachelor of Law, Satya Wacana Christian University (1986). 2022 - 2027 (First Period).
• Master of Law, Iblam College of Law (2001).
• Professional Education:
- International Law Enforcement Academy of Bangkok (2000) CONCURRENT POSITIONS
- Japan International Cooperation Agency (2005)
- Korea International Cooperation Agency (2006) • Member of BRI Audit Committee (2022 – present).
- Office of the Attorney General of Thailand (2010) • Member of BRI Nomination and Remuneration Committee
- Imperial Business School (2023). (2022-present).
- London Business School (2024). Does not have a position in another public company.
- Erasmus University (2024).
CERTIFICATION BRI SHARE OWNERSHIP
Risk Management Certification Level 6* Do not have
WORK EXPERIENCE
• Head of the High Prosecutor’s Office, Bangka Belitung
(2014-2015).
• Director of Code and Intel Production, Attorney General’s
Office of the Republic of Indonesia (2015-2018).
• Expert Staff of the Attorney General of the Republic of
Indonesia for Intelligence, Attorney General’s Office of the
Republic of Indonesia (2018 - 2022).
• Independent Commissioner of BRI (2022 - present).
LEGAL BASIS OF APPOINTMENT
Appointed as Independent Commissioner of BRI for the first
time on March 1, 2022 based on the Results of the 2022 Annual
GMS. Effective after obtaining OJK approval or the Fit and Proper
Test according to OJK Letter Number 29/KDK.03/2022 dated
August 8, 2022.
* The alignment to Level 6 was carried out in November 2024 as part of the competency testing process by the Banking Profession Certification Institute (LSPP).
128 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Nurmaria Sarosa
Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Jakarta, in 1965. Age 59 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
• Bachelor of Architecture, Bandung Institute of Technology 2022 - 2027 (First Period).
(1989).
• Professional Education:
- Harvard Business School (2023). CONCURRENT POSITIONS
- Northwestern - Kellog Executive Education School of
Management (2023). • Member of BRI Risk Management Monitoring Committee
- London Business School (2024). (2022 – 2024).
- INSEAD Business School (2024). • Member of BRI Nomination and Remuneration Committee
(2022 - present).
• Chairman of BRI Risk Management Monitoring Committee
CERTIFICATION (2024 – present).
Does not have a position in another public company.
Risk Management Certification Level 6*
BRI SHARE OWNERSHIP
WORK EXPERIENCE
Do not have
• Director of Finance and Corporate Affairs, PT Cardig
International Support (2017-2020).
• Director of Finance and Corporate Affairs, PT Cardig Express
Nusantara (2020-2021).
• Executive Director of PT Selaras Logistik Indonesia (2021-2022).
• Independent Commissioner of BRI (2022 - present).
LEGAL BASIS OF APPOINTMENT
Appointed as Independent Commissioner of BRI for the first
time on March 1, 2022 based on the Results of the 2022 Annual
GMS. Effective after obtaining OJK approval or the Fit and Proper
Test according to OJK Letter Number 27/KDK/.03/2022 dated
August 8, 2022.
* The alignment to Level 6 was carried out in November 2024 as part of the competency testing process by the Banking Profession Certification Institute (LSPP).
PT Bank Rakyat Indonesia (Persero) Tbk 129
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Company
Profile
Haryo Baskoro Wicaksono
Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Yogyakarta, in 1982. Age 42 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
- Bachelor of International Relations, Muhammadiyah 2024 – 2029 (First Period).
University of Yogyakarta (2001).
- Master of Economics and Business, Gajah Mada University of
Yogyakarta (2009). CONCURRENT POSITIONS
- Member of BRI Audit Committee (2024 - present).
CERTIFICATION - Member of BRI Nomination and Remuneration Committee
(2024 - present).
Risk Management Certification Level 7 - Member of BRI Risk Management Committee
(2024 - present).
- Member of BRI Integrated Governance Committee
WORK EXPERIENCE (2024 - present).
Does not have a position in another public company.
- Head of Risk Management, Head of Internal Audit, Head of
Governance & Compliance - Astra Financial Conglomeration
(2018-2022). BRI SHARE OWNERSHIP
- Head of Transformation & Corporate Strategy - Bank Bukopin
Syariah (2023). Do not have
- Head of Transformation & Subsidiaries - Bank Muamalat
Indonesia (2023).
- Commissioner of PT Transportasi Gas Indonesia (2023 - 2024).
- Independent Commissioner of BRI (2024 – present).
LEGAL BASIS OF APPOINTMENT
First appointed as Independent Commissioner of BRI on March
1, 2024 based on the Results of the 2024 Annual GMS. Effective
after obtaining OJK approval or the Fit and Proper Test according
to OJK Letter Number SR-332/PB.02/2024 dated August 8, 2024.
130 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Hendrikus Ivo*
Independent Commissioner
Citizenship : Indonesian citizens
Place and Year of Birth/Age : Born in Jakarta, in 1958. Age 66 as of December 2024.
Domicile : Jakarta, Indonesia
EDUCATIONAL BACKGROUND TERM OF OFFICE
• Bachelor of Law, University of North Sumatra (1982). 2019 – 2024 (First Period).
• Master of Management, STIE IPWI (2000).
CONCURRENT POSITIONS
CERTIFICATION
• Chairman of the Audit Committee (2020 – 2024).
Risk Management Certification Level 3 • Member of the BRI Nomination and Remuneration Committee
(2018 – 2024).
• Member of the BRI Integrated Governance Committee (2018
WORK EXPERIENCE – 2024).
• Head of Regional Office 6 for Sulawesi, Maluku and Papua
(Sulampua) of the Financial Services Authority (OJK) (2014). BRI SHARE OWNERSHIP
• Head of the Department of Special Examination and Banking
Investigation of the Financial Services Authority (OJK) Do not have
(2014).
• Head of the Legal Department of the Financial Services
Authority (OJK) (2015).
• Deputy Commissioner of Investigation & APU PPT of the
Financial Services Authority (OJK) (2016).
• Deputy Commissioner of Investigation, Organization and HR
of the Financial Services Authority (OJK) (2017).
• Senior Advisor to the Chairman of the Board of Commissioners
of the Financial Services Authority (OJK) (2018).
• Independent Commissioner of BRI (2019 – 2024).
LEGAL BASIS OF APPOINTMENT
First appointed as Independent Commissioner of BRI on May 15,
2019 based on the results of the 2019 BRI AGM. Effective after
obtaining OJK approval or the Fit and Proper Test according to OJK
Letter Nokep-41/KDK.03/2019 dated August 29, 2019.
* Stop serving since March 1, 2024.
PT Bank Rakyat Indonesia (Persero) Tbk 131
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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 Controlling Board of Board of Controlling
Name Position Relations
Commissioners Directors shareholders * Commissioners Directors shareholders *
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Kartika President
Wirjoatmodjo Commissioner
Vice President
Commissioner/
Rofikoh Rokhim
Independent
Commissioner
Independent
Heri Sunaryadi**
Commissioner
Rabin Indrajad
Commissioner
Hattari
Paripurna
Independent
Poerwoko
Commissioner
Sugarda**
Nurmaria Independent
Sarosa Commissioner
Independent
Dwi Ria Latifa**
Commissioner
Independent
Agus Riswanto
Commissioner
Awan
Commissioner
Nurmawan Nuh
Haryo Baskoro Independent
Wicaksono Commissioner
Independent
Hendrikus Ivo***
Commissioner
* Direct or indirect
** The person concerned has management relationships with other companies outside the BRI Group as stated in the table Concurrent Positions of the Board of Commissioners
*** Resigned from office on March 1, 2024
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 2024, 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 on March 1, 2024
The composition of the Board of Commissioners before the Annual General Meeting of Shareholders (AGMS) on March 1, 2024 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
132 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Table of Composition and Basis for Appointment of the Board of Commissioners Before the Annual GMS on March 1, 2024
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
Awan Nurmawan Nuh Commissioner OJK Annual GMS on March 13, 2023 December 8, 2023
Hendrikus Ivo Independent Commissioner OJK Annual GMS on May 15, 2019 August 29, 2019
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
Composition of the Board of Commissioners after the Annual GMS on March 1, 2024
On March 1, 2024, the Annual General Meeting of Shareholders (AGMS) decided to change the composition of the Company’s management
as follows:
1. Honorably dismissed Hendrikus Ivo as Independent Commissioner.
2. Appointed Haryo Baskoro Wicaksono as Independent Commissioner.
Thus, the composition of the Board of Commissioners after the Annual GMS on March 1, 2024 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 after the Annual GMS on March 1, 2024
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
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, 2024 August 8, 2024
Wicaksono
PT Bank Rakyat Indonesia (Persero) Tbk 133
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Company
Profile
Executive Officer
Profile
Senior Executive Vice President (SEVP)
EDUCATIONAL BACKGROUND
• Bachelor of Economics, Universitas Islam Indonesia, Yogyakarta (2000).
• Master of Commerce, The University of Queensland, Australia (2006).
WORK EXPERIENCE
• CFO PT BRI Ventura Investama (March 2019 - November 2019)
• Acting Head of Corporate Transformation Division (2019-2020)
• Head of Corporate Transformation Division (June 2020 - December 2020)
• Executive Vice President Change Management Division (January 2021 - April 2021)
• Division Head Financial & Management Accounting Division (2021 - 2024).
• Internal Audit Head Division Head Office Audit (June 2024 - November 2024).
• SEVP Internal Audit Business unit (SKAI) (2024 - present).
LEGAL BASIS OF APPOINTMENT
BRI Board of Directors Decree NOKEP: 4221-DIR/HBS/11/2024 concerning Promotion as Head of
Yulianto Setiawan Internal Audit Unit/Senior Executive Vice President of Internal Audit Sub Directorate of PT Bank Rakyat
SEVP Internal Audit Unit (SKAI) Indonesia (Persero) Tbk.
Indonesian citizens, born in Kudus in 1978. TERM OF OFFICE
Age 46 as of December 2024. Domicilie in
Jakarta. Starting from November 29, 2024 – SK for the next Next Amendment Decree
SHAREHOLDING
49.593 shares
EDUCATIONAL BACKGROUND
• Bachelor of Development Economics, Padjajaran University (1998).
• MBA in Finance, Tulane University USA (2009).
WORK EXPERIENCE
• Senior Manager Derivatives & Product Development Global Market Division Head Office (2014 –
2016).
• Senior Manager Policy & Human Capital Development Division Head Office (2016 – 2017).
• Vice President Strategy & Business Development Division Corporate Development & Strategy
Division Head Office (2017 – 2019).
• Division Head Investor Relation Division Strategy & Finance Directorate Head Office (2019 – 2021).
• SEVP Treasury & Global Services (2021 – present).
LEGAL BASIS OF APPOINTMENT
BRI Board of Directors Decree NOKEP:W 410 – DIR/HCB/07/2021 concerning Promotion as Senior
Achmad Royadi Executive Vice President of the Treasury & Global Services Directorate.
SEVP Treasury & Global Services
TERM OF OFFICE
Indonesian citizens, born in Jakarta,
in 1975. Age 49 as of December 2024. Starting from July 1, 2021 – SK for the next Next Amendment Decree.
Domicilie in Jakarta.
SHAREHOLDING
1.060.772 share
134 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
EDUCATIONAL BACKGROUND
• Bachelor of Agribusiness, Sriwijaya University (1995)
• Master of Management, PPM College Jakarta
WORK EXPERIENCE
• Deputy Regional Manager for Business, Jakarta Regional Office 1 (2017-2019).
• Acting Head of Briguna Credit Division, Head Office (2019-2020).
• Head of Institution Division 1, Head Office (2020).
• Executive Vice President of Institutional Business Division, Head Office (2020-2022).
• Division Head of Institutional Business, Head Office (2022-2023).
• SEVP Ultra Micro (2023 – present).
LEGAL BASIS OF APPOINTMENT
BRI Directors Decree NOKEP: 1612 – DIR/HCB/08/2023 concerning Promotion as Senior Executive Vice
President of the Ultra Micro Directorate
Muhammad Candra Utama
SEVP Ultra Micro TERM OF OFFICE
Indonesian citizens, born in Palembang Starting from August 1, 2023 – SK for the next amendment Decree
in 1972. Age 50 as of December 2024.
Domicilie in Tangerang Selatan. SHAREHOLDING
1.628.128 shares
EDUCATIONAL BACKGROUND
• Bachelor of Corporate Economics, Atma Jaya University (1994).
• Master of Marketing Management, Padjajaran University (2006).
WORK EXPERIENCE
• Deputy Head of Corporate Secretary Division, Head Office (2016-2019).
• Deputy Regional Manager for Business, Makassar Regional Office (2019).
• Deputy Regional Manager for Business, Semarang Regional Office (2019-2020).
• Acting Executive Vice President Corporate Secretary Division Head Office (2020).
• Executive Vice President Corporate Secretary Division Head Office (2020-2023).
• SEVP Fixed Assets Management & Procurement (2023 – present).
LEGAL BASIS OF APPOINTMENT
BRI Directors Decree NOKEP: 1611 – DIR/HCB/08/2023 concerning Promotion as Senior Executive Vice
President of the Fixed Assets Management & Procurement Directorate
Aestika Oryza Gunarto
SEVP Fixed Assets Management & TERM OF OFFICE
Procurement
Starting from August 1, 2023 – SK for the next amendment Decree
Indonesian citizens, born in Kendal in
1970. Age 54 as of December 2024. SHAREHOLDING
Domicilie in Jakarta. 71,100 shares
PT Bank Rakyat Indonesia (Persero) Tbk 135
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Company
Profile
EDUCATIONAL BACKGROUND
• Bachelor of Mathematics, Bogor Agricultural University (2000).
• MBA, University of Rochester, USA (2010).
WORK EXPERIENCE
• Acting Head of Technology Cooperation Division, Head Office (2018-2019).
• Head of Technology Cooperation Division, Head Office (2019).
• Head of Application Management & Operation Division, Head Office (2019-2020).
• Executive Vice President Application Management & Operation, Head Office (2020-2023)
• SEVP Operations (2023 – present).
LEGAL BASIS OF APPOINTMENT
BRI Directors Decree NOKEP: 1610 – DIR/HCB/08/2023 concerning Promotion as Senior Executive Vice
President of the Operations Directorate
I Nyoman Sugiri Yasa TERM OF OFFICE
SEVP Operations
Starting from August 1, 2023 – SK for the next amendment Decree
Indonesian citizens, born in Bali in 1977.
Age 47 as of December 2024. Domicilie in SHAREHOLDING
Jakarta. 833.684 shares
EDUCATIONAL BACKGROUND
• Bachelor of Management, Gadjah Mada University, Yogyakarta (1996)
• Master of Management, IPMI Management College - Mt. Eliza Business School (2000).
WORK EXPERIENCE
• Country Learning Head Barclays Indonesia (2009 - 2010)
• SVP Organization & Development Bank Permata (2010 - 2013)
• Head of HR Commercial Aqua / Danone Waters (2013 - 2017)
• SVP HC Strategy & Talent Management Bank Mandiri (2018 - 2023)
• Chief Learning Office BUMN Leadership & Management Institute (2021 - 2023)
• SEVP Human Capital Strategy Bank BRI (2023 - present).
LEGAL BASIS OF APPOINTMENT
Employment agreement No. B.1538-HCD/HDR/11/2023, dated November 20, 2023
Steven Augustino Yudiyantho TERM OF OFFICE
SEVP Human Capital Strategy
Starting from December 1, 2023 – SK for the next amendment Decree
Indonesian citizens, born in Tanjung Pinang
in 1973. Age 52 years as of December SHAREHOLDING
2024. Domicilie in Jakarta 28.500 shares
136 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Division Head, Regional CEO, Regional Chief Audit, Desk Head and Functional Position
Business Unit Leader Business Unit Business Unit Leader Business Unit
DIVISION HEAD DIVISION HEAD
Agustya Hendy Bernadi Divisi Corporate Secretary Divisi IT Strategy & Enterprise
Shinta Indriyaty
Architecture Division
Mochamad Choliq Divisi Institutional Business
Divisi Application Management &
Revan Hadi
Teguh Tofani Divisi Energy & Mining Operation
Divisi Infrastructure, Transportation, Divisi Digital Banking Development &
Yodi Herzaman Vacant
Oil & Gas Operation
Vacant Divisi Transaction Banking Divisi Enterprise Data Management &
Ajutorius Pinem
Analytics
Trihartono Divisi Syndication & FI Non Bank
Maulana Yusuf Divisi IT Infrastructure & Operation
Woro Dwi Wuryandari Divisi Internasional Business
Muharto Divisi Information Security
Arie Sus Miyanti Divisi Investment Services
Andini Nauli Nasution Divisi Payment Operation
Itang Rusdinar Divisi Treasury Business
Asep Nurdin Divisi Credit Operation
Nurul Intan Divisi Agribusiness
Divisi Market, Portfolio & Enterprise
Ety Yuniarti
Risk Management
Adhi Pratama Divisi Manufacturing & Property
Nugroho Ari Bawono Divisi Credit & Product Risk Policy
Divisi Value Chain & Assets Product
Natalia Veronica
Development
Dodo Marjanto Divisi Operational Risk
Divisi Small & Medium Sales
John Andre Adrian Nugroho Pancayogo Divisi Digital Risk
Management 1
Divisi Small & Medium Sales Iman Nuraprianto Divisi Wholesales Credit Risk Analyst
Ganang Imam W.
Management 2
Divisi Credit Restructuring & Recovery
Dedy Hendrianto
Divisi Card, Digital & Assets Product Loan
Dewi Andjarsari
Development
Carang Thombara Putra Divisi Human Capital Strategy & Policy
Martua Hanry K Panggabean Divisi Wealth Management
Issuhersatyo Divisi Human Capital Business Partner 2
Ninis Indriswari Divisi Consumer Sales Management 1
M. Dadang Permana KF Divisi Human Capital Business Partner 1
R. Madya Januar Divisi Consumer Sales Management 2
Indah Bayuwijayanti BRI Corporate University
Ardhi Setyarko Divisi Micro Business Development
Divisi Planning, Budgeting &
A. Eddy Tri Wibowo
Fita Arisanti Divisi Micro Sales Management Performance Management
Divisi Social Entrepreneurship & Divisi Financial & Management
Evi Sulistyowati Christina Dianingrum
Incubation Accounting
Dani Wildan Divisi Ultra Micro Business Bret Matthew Ginesky Divisi Investor Relation
Windriyo Aribowo Divisi BRILink Business Sahat Pangabahan
Divisi Subsidiary Management
Pangaribuan
Ivan Amirudin Divisi Distribution Network
Bunga Herlina Oktaviyanti Divisi Project Management Office
Dewi Hestiningrum Divisi Service & Contact Center
Vacant Divisi Change Management
Divisi Funding & Retail Payment
Andreas Hassim Abd. Wahid Wijaya Divisi Culture Transformation
Strategy
Divisi Funding & Retail Payment Sales Kris Hananto Divisi Compliance
Dhoni Ramadi Saharto Putra
Management
Koes Hariyono Divisi Legal
Divisi Funding & Retail Payment Sales
Vacant
Management 1 Kusnandar Nurgraha Divisi Policy & Procedure
Divisi Funding & Retail Payment Sales Divisi Environmental, Social &
Vacant Yosephine Ajeng Sekar Putih
Management 2 Governance
PT Bank Rakyat Indonesia (Persero) Tbk 137
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Company
Profile
Business Unit Leader Business Unit Business Unit Leader Business Unit
DIVISION HEAD REGIONAL CHIEF AUDIT
Divisi Fixed Assets Management & Gito Wardoyo Regional Audit Office Bandar Lampung
Muhammad Ikhtiarso
Procurement Policy
Edi Setiawan Regional Audit Office Bandung
Syafri Rakhmat Divisi Procurement & Logistic Operation
Narto Laksono Regional Audit Office Banjarmasin
Roma Jaka Permata
Divisi Marketing Communication
Simanjuntak Bangkit Ngabdianto Regional Audit Office Denpasar
Divisi Audit Standard & Quality Djoko Purwanto Regional Audit Office Jakarta 1
Vacant
Development
Mohamad Fikri Satriawan Regional Audit Office Jakarta 2
Vacant Head Office Audit
Agus Firmansyah Regional Audit Office Jakarta 3
Amin Teguh Prayitno Regional Audit Office Jayapura
Business Unit Leader Business Unit Wahju Hidajat Regional Audit Office Makassar
REGIONAL CEO Rustam Maulana Regional Audit Office Malang
Bernadi Kurniawan Regional Office Bandar Lampung Oscar Hutagaol Regional Audit Office Manado
Sadmiadi Regional Office Bandung Roland Hutagalung Regional Audit Office Medan
Novian Supriatno Regional Office Banjarmasin Sukengsi Hari Slamet Regional Audit Office Padang
Hery Noercahya Regional Office Denpasar Isman Ardiana Regional Audit Office Palembang
Hendra Winata Regional Office Jakarta 1 Edia Handiman S. Regional Audit Office Pekanbaru
Suyitno Regional Office Jakarta 2 Berlian Ferra Herawati Regional Audit Office Semarang
Moh Suratin Regional Office Jakarta 3 Fajar Prasetyo Regional Audit Office Surabaya
Pram Purnama Alam Regional Office Jayapura Endah Nurhayati Regional Audit Office Yogyakarta
D.Argo Prabowo Regional Office Makassar
Arie Wibowo Regional Office Malang Business Unit Leader Business Unit
Luthfi Iskandar Regional Office Manado DESK HEAD
Dani Alfianto Regional Office Medan Gibbon Mardame
Operational Excellence
Parsaoran Tamba
Riza Pahlevi Regional Office Padang
Nurcholishiana Choirunnisa Assets & Liabilities Management
Kusdinar Wiraputra Regional Office Palembang
Heddi Sabara Special Investigation Audit
Reza Syahrizal Setiaputra Regional Office Pekanbaru
Hari Basuki Regional Office Semarang
Setiyarta Regional Office Surabaya Business Unit Leader Business Unit
John Sarjono Regional Office Yogyakarta FUNCTIONAL POSITION
Dipo Satria Alam Special Branch Office Dhewayani Widyasari
Debra Murniati Executive Risk Officer
Cahyo Widyatmoko
138 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Employee
Profile
Number of Employees by Gender
Table of Number of Employees by Gender (in units of people)
Jenis Kelamin 2024 2023
Women 33,717 30,477
Men 48,131 47,262
Amount 81,848 77,739
Number of Employees by Position Level
Table of Number of Employees by Position Level (in units of people)
2024 2023
Position Level
Women Men Total Women Men Total
Senior Executive Vice President - 6 6 1 6 7
Executive Vice President 1 17 18 6 26 32
Vice President/Senior Vice President 56 242 298 51 206 257
Assistant Vice President 337 1,148 1,485 322 1090 1412
Senior Manager 747 1,968 2,715 744 2013 2757
Manager 1,033 3,519 4,552 994 3516 4510
Junior Manager 5,023 10,157 15,180 5,434 10,586 16,020
Associates 26,520 31,074 57,594 22,925 29,819 52,744
Amount 33,717 48,131 81,848 30,477 47,262 77,739
Number of Employees by Age Range
Table of Number of Employees by Age Range (in units of people)
2024 2023
Age Range
Women Men Total Women Men Total
20 – 24 4,755 1,948 6,703 3,340 1,465 4,805
25 – 29 9,420 7,767 17,187 7,120 6,879 13,999
30 – 34 5,529 11,518 17,047 7,139 14,616 21,755
35 – 39 7,776 15,472 23,248 6,926 13,571 20,497
40 – 44 3,015 5,907 8,922 2,849 5,472 8,321
PT Bank Rakyat Indonesia (Persero) Tbk 139
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Company
Profile
2024 2023
Age Range
Women Men Total Women Men Total
45 – 49 1,644 3,169 4,813 1,362 2,677 4,039
50 – 54 1,250 1,841 3,091 1,414 2,031 3,445
> 54 328 509 837 327 551 878
Amount 33,717 48,131 81,848 30,477 47,262 77,739
Number of Employees by Education Level
Table of Number of Employees by Education Level (in units of people)
2024 2023
Education Level
Women Men Total Women Men Total
≤ High School / Equivalent 702 444 1,146 640 509 1,149
Diploma 4,522 4,947 9,469 4,026 4,701 8,727
Bachelor Degree 28,008 41,454 69,642 25,334 40,745 66,079
Master Degree 483 1,278 1,761 477 1,297 1,774
Doctorate Degree 2 8 10 - 10 10
Amount 33,717 48,131 81,848 30,477 47,262 77,739
Number of Employees by Status
Table of Number of Employees by Status (in units of people)
2024 2023
Employment Status
Women Men Total Women Men Total
Permanent Employee 20,258 39,237 59,495 20,209 39,875 60,084
Contract Employee 13,407 8,837 22,244 10,072 7,135 17,207
Trainee 52 57 109 196 252 448
Amount 33,717 48,131 81,848 30,477 47,262 77,739
Number of Employees by Generation
Table of Number of Employees by Generation (in units of people)
2024 2023
Generation
Women Men Total Women Men Total
Baby Boomers - 7 7 1 7 8
Gen X 3,849 6,634 10,483 4,306 7,370 11,676
Millennials 17,433 34,467 51,900 21,145 37,246 58,391
140 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
2024 2023
Generation
Women Men Total Women Men Total
Gen Z 12.435 7.023 19.458 5.276 2.767 8.043
Amount 33.717 48.131 81.848 30.477 47.262 77.739
Number of Employees by Service Period
Table of Number of Employees by Period of Service (in units of people)
2024 2023
Service Period
Women Men Total Women Men Total
<3 16,017 12,281 28,298 11,859 10,309 22,168
3–5 3,123 4,860 7,983 4,063 6,401 10,464
6 – 10 6,565 15,798 22,363 7,988 18,633 26,621
11 – 15 3,217 7,594 10,811 1,340 3,721 5,061
16 – 20 1,589 2,792 4,381 2,281 3,620 5,901
21 – 25 1,513 2,520 4,033 960 1,786 2,746
26 – 30 1,100 1,687 2,787 1,184 1,913 3,097
> 30 593 599 1,192 802 879 1,681
Amount 33,717 48,131 81,848 30,477 47,262 77,739
Main and
Controlling Shareholders
BRI’s Major and Controlling Shareholder was the Republic of Indonesia through a portion of ownership of 53.19% including Series A
Dwiwarna shares. Thus, there were no individual controlling shareholders either directly or indirectly.
Republic of
Indonesia
(53.19%)
PT Bank Rakyat Indonesia (Persero) Tbk 141
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Company
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Shareholder’s
Composition
Shareholder composition is presented as follows:
Table of BRI Shareholder Composition as of January 1, 2024
Shareholder Classification Number of Shareholders Number of Shares (shares) Ownership
Republic of Indonesia 1 80,610,976,876 53.19%
Public 331,957 70,948,024,728 46.81%
National Investor 329,185 15,538,643,828 10.25%
Individual 322,718 2,798,628,116 1.85%
Employee 5,448 17,283,092 0.01%
Regional government 1 1,590,000 0.00%
Bank 8 838,354,851 0.55%
Coorperative 16 5,503,290,123 3.63%
Foundatuion 42 264,200,118 0.17%
Pension Fund 139 1,828,768,004 1.21%
Insurance 185 2,143,287,956 1.41%
Limited company 312 152,925,873 0.10%
Mutual Fund 316 1,990,315,695 1.31%
Government coorporation 0 0 0.00%
Foreign Investor 2,772 55,409,380,900 36.56%
Individual 369 38,489,189 0.03%
Foreign corporation 2,403 55,370,891,711 36.53%
Total 331,958 151,559,001,604 100%
Table of BRI Shareholder Composition as of December 31, 2024
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%
Foundatuion 54 323,016,446 0.21%
142 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Shareholder Classification Number of Shareholders Number of Shares (shares) Ownership
Pension Fund 168 2,750,978,898 1.82%
Insurance 204 2,112,117,756 1.39%
Limited company 769 534,853,860 0.35%
Mutual Fund 324 2,085,239,440 1.38%
Government coorporation 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%
The 20 Largest Shareholders’ Composition
Table of Composition of BRI’s 20 Largest Shareholders as of Januari 1, 2024
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 Coorperative 5,498,021,834 3.63%
3. CITIBANK SINGAPORE S/A GOVERNMENT OF SINGAPORE Foreign Corporation 2,407,129,136 1.59%
BNYM RE BNYMLB RE EMPLOYEES PROVIDENTFD
4. Foreign Corporation 1,023,446,958 0.68%
BOARD-2039927326
JPMCB NA RE-VANGUARD TOTAL INTERNATIONAL STOCK
5. Foreign Corporation 954,975,447 0.63%
INDEX FUND
JPMCB NA RE - VANGUARD EMERGING MARKETS STOCK
6. Foreign Corporation 948,514,960 0.63%
INDEX FUND
7. JPMSE LUX RE UCITS CLT RE-JPMORGAN FUNDS Foreign Corporation 937,262,700 0.62%
JPMSE AMS RE AIF CLT RE-STICHTING DEPOSITARY APG
8. Foreign Corporation 777,845,432 0.51%
EMERGING MARKETS EQUITY POOL
9. DJS KETENAGAKERJAAN PROGRAM JHT Pension Fund 722,513,114 0.48%
THE NT TST CO S/A FIDELITY INVESTMENT TRUST: FIDELITY
10. Foreign Corporation 623,075,239 0.41%
SERIES EMERGING MARKETS OPPORTUNITIES FUND
STATE STREET BANK-ISHARES CORE MSCI EMERGING
11. Foreign Corporation 623,014,195 0.41%
MARKETS ETF
12. BNYMSANV RE BNYM RE PEOPLE'S BANK OF CHINA Foreign Corporation 580,034,955 0.38%
13. CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 1 Foreign Corporation 504,559,046 0.33%
14. CITIBANK NA-BANK RAKYAT INDONESIA Foreign Corporation 497,384,200 0.33%
15. THE NORTHERN TRUST CO S/A CANTILLON FUNDS PLC Foreign Corporation 494,963,577 0.33%
16. JP MORGAN SECURITIES PLC Foreign Corporation 468,248,893 0.31%
JPMCB NA RE-VANGUARD FIDUCIARY TRUST COMPANY
17. Foreign Corporation 455,954,209 0.30%
INSTITUTIONAL TOTAL INTERNATIONAL STOCK MARKET IT II
JPMCB NA RE - BLACKROCK INST TR CO N A INVESTMENT
18. Foreign Corporation 441,871,732 0.29%
FDS FOR EMPLOYEE BENEFIT TRUSTS
PT Bank Rakyat Indonesia (Persero) Tbk 143
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Company
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No. Investor Name Status Number of Shares (shares) Ownership
JPMCB NA RE-JPMORGAN EMERGING MARKETS EQUITY
19. Foreign Corporation 408,730,371 0.27%
FUND
20. BNYM RE BNYMLB RE BA GIFF POSITIVE CH FD-2039926720 Foreign Corporation 391,488,358 0.26%
Table of Composition of BRI’s 20 Largest Shareholders as of December 31, 2024
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 Coorperative 5,498,021,834 3.63%
BNYM RE BNYMLB RE EMPLOYEES PROVIDENTFD
3. Foreign Corporation 1,374,792,058 0.91%
BOARD-2039927326
4. DJS KETENAGAKERJAAN PROGRAM JHT Pension Fund 1,359,369,214 0.90%
JPMCB NA RE-VANGUARD TOTAL INTERNATIONAL STOCK
5. Foreign Corporation 979,891,447 0.65%
INDEX FUND
JPMCB NA RE - VANGUARD EMERGING MARKETS STOCK
6. Foreign Corporation 890,024,760 0.59%
INDEX FUND
7. CITIBANK SINGAPORE S/A GOVERNMENT OF SINGAPORE Foreign Corporation 756,220,297 0.50%
8. CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 1 Foreign Corporation 609,038,351 0.40%
9. BNYMSANV RE BNYM RE PEOPLE'S BANK OF CHINA Foreign Corporation 592,721,255 0.39%
SSB 2Q27 ISHARES CORE MSCI EMERGING MARKETS ETF
10. Foreign Corporation 588,113,895 0.39%
-2183966403
JPMSE AMS RE AIF CLT RE-STICHTING DEPOSITARY APG
11. Foreign Corporation 546,998,219 0.36%
EMERGING MARKETS EQUITY
SSB C021 COLLEGE RETIREMENT EQUITIES FUND
12. Foreign Corporation 505,576,768 0.33%
-2183964206
JPMCB NA RE-VANGUARD FIDUCIARY TRUST COMPANY
13. INSTITUTIONAL TOTAL INTERNATIONAL STOCK MARKET Foreign Corporation 494,608,909 0.33%
IT II
14. JPMSE LUX RE UCITS CLT RE-JPMORGAN FUNDS Foreign Corporation 478,825,695 0.32%
JPMCB NA RE-T. ROWE PRICE EMERGING MARKETS
15. Foreign Corporation 476,977,111 0.31%
DISCOVERY STOCK TRUST
JPMCB NA RE - BLACKROCK INST TR CO N A INVESTMENT
16. Foreign Corporation 459,457,232 0.30%
FDS FOR 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 MARKETS EQUITY
19. Foreign Corporation 381,640,571 0.25%
FUND
20. NTC-CANTILLON GLOBAL EQUITY L.P Foreign Corporation 369,506,844 0.24%
Composition of Shares Ownership of 5% or More
Table of Shareholder Composition of 5% or More BRI as of January 1, 2024
Number of
Investor Name Number of Shares (shares) Ownership
Shareholders
Republic of Indonesia 1 80,610,976,876 53.19%
144 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Table of Shareholder Composition of 5% or More BRI as of December 31, 2024
Number of
Investor Name Number of Shares (shares) Ownership
Shareholders
Republic of Indonesia 1 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 Januari 1, 2024
Public Share Ownership Number of Shareholders Number of Shares (shares) Ownership
NATIONAL INVESTOR
Individual 322,718 2,798,628,116 1.85%
Employee 5,448 17,283,092 0.01%
Regional government 1 1,590,000 0.00%
Bank 8 838,354,851 0.55%
Cooperative 16 5,503,290,123 3.63%
Foundation 42 264,200,118 0.17%
Pension Fund 139 1,828,768,004 1.21%
Insurance 185 2,143,287,956 1.41%
Limited company 312 152,925,873 0.10%
Mutual Fund 316 1,990,315,695 1.31%
Government coorporation 0 0 0.00%
Sub Total 329,185 15,538,643,828 10.25%
FOREIGN INVESTOR
Individual 369 38,489,189 0.03%
Foreign corporation 2,403 55,370,891,711 36.53%
Sub Total 2,772 55,409,380,900 36.56%
Total 331,957 70,948,024,728 46.81%
Table of Shareholders Composition Less than 5% of BRI as of December 31, 2024
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%
PT Bank Rakyat Indonesia (Persero) Tbk 145
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Company
Profile
Public Share Ownership Number of Shareholders Number of Shares (shares) Ownership
Limited 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%
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, 2024
Name Position Number of Shares (shares) Ownership
BOARD OF DIRECTOR
Sunarso President Director 3,234,856 0.00213%
Catur Budi Harto Vice President Director 1,839,057 0.00121%
Handayani Director of Consumer Business 3,425,200 0.00226%
Supari Director of Micro Business 2,890,914 0.00191%
Ahmad Solichin Lutfiyanto Director of Compliance 3,587,470 0.00237%
Agus Sudiarto Director of Risk Management 1,717,400 0.00113%
Agus Noorsanto Director of Wholesale and Institutional Business 2,071,941 0.00137%
Agus Winardono Director of Human Capital 1,503,481 0.00099%
Amam Sukriyanto Director of Small and Medium Businesses 1,526,754 0.00101%
Viviana Dyah Ayu R.K. Director of Finance 1,512,800 0.00100%
Arga M. Nugraha Director of Digital and Information Technology 1,313,785 0.00087%
Andrijanto Director of Networks and Services 1,123,000 0.00074%
BOARD OF COMMISSIONER
Kartika Wirjoatmodjo President Commissioner 689,800 0.00046%
Vice President Commissioner/ Independent
Rofikoh Rokhim - -
Commissioner
Rabbin Indrajad Hattari Commissioner 620,700 0.00041%
Awan Nurmawan Nuh Commissioner - -
Hendrikus Ivo* Independent Commissioner - -
Dwi Ria Latifa Independent Commissioner - -
Heri Sunaryadi Independent Commissioner - -
Paripurna Poerwoko Sugarda Independent Commissioner - -
Agus Riswanto Independent Commissioner - -
146 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Name Position Number of Shares (shares) Ownership
Nurmaria Sarosa Independent Commissioner - -
Amount 27,057,158 0.01785
*Stop serving since March 1, 2024.
Table of Share Ownership of the Board of Commissioners and Board of Directors of BRI as of December 31, 2024
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 Commercial, Small and Medium Business 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%
BOARD OF COMMISSIONER
Kartika Wirjoatmodjo President Commissioner 1,678,000 0.00111%
Vice President Commissioner/ Independent
Rofikoh Rokhim - -
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%
As of December 31, 2024, the Board of Commissioners and Directors of BRI did not have indirect share ownership.
PT Bank Rakyat Indonesia (Persero) Tbk 147
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Company
Profile
Senior Management Shares Ownership
Table of BRI Senior Management Share Ownership as of December 31, 2024
Number of Shares
Name Position Ownership
(shares)
Yulianto Setiawan SEVP Internal Audit Business unit (SKAI) 49,593 0.00003%
Achmad Royadi SEVP Treasury & Global Services 1,060,772 0.00070%
Muhammad Candra Utama SEVP Ultra Micro 1,628,128 0.00107%
SEVP Fixed Assets Management &
Aestika Oryza Gunarto 71,100 0.00005%
Procurement
I Nyoman Sugiri Yasa SEVP Operations 833,684 0.00055%
Steven Augustino Yudiyantho SEVP Human Capital Strategy 52,500 0.00003%
As of December 31, 2024, BRI Senior Management does not have indirect share ownership.
Classification of Shareholders
Table of BRI Shareholder Classification as of December 31, 2024
Share Ownership Number of Shareholders Number of Shares (shares) Ownership
Local Institution 1,560 94,900,325,084 62.62%
Foreign Institution 2,149 46,991,867,034 31.01%
Local Individual 649,014 9,621,046,686 6.35%
Foreign Individual 527 45,762,800 0.03%
Total 653,251 151,559,001,604 100.00%
148 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
List of Subsidiaries, Associated Companies
and Joint Venturance Companies
Subsidiaries
Company Name PT Bank Raya Indonesia Tbk (Raya)*
Business Field National Private Commercial Bank
BRI Participation Date March 3, 2011
Total Assets IDR13,158,236 million
Ownership (%) 86.85%
Start of Operation/Operation Status September 27, 1989/ Still Operating
Address Menara BRIliaN, Jl. Jend. Gatot Subroto No. 177A, Tebet, Jakarta Selatan 12870
Telp : (021) 50931300
Faks : (021) 50931494
Email : humas@bankraya.co.id
Web : www.bankraya.co.id
Company Management BOARD OF COMMISSIONERS
M. Sidik Heruwibowo President Commissioner
Johanes Kuntjoro Adi S. Independent Commissioner
Retno Wahyuni Wijayanti Independent Commissioner
Nyimas Dewi Ratih Kamil **
Commissioner
BOARD OF DIRECTORS
Ida Bagus Ketut Subagia President Director
Lukman Hakim Director
Rustarti Suri Pertiwi Director
Danar Widyantoro Director
Kicky Andrie Davetra Director
* Previously named PT Bank Rakyat Indonesia Agroniaga Tbk (BRI Agro)
** Waiting for Fit & Proper
PT Bank Rakyat Indonesia (Persero) Tbk 149
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Company
Profile
Company Name BRI Global Financial Services Co. Ltd. (BRI Global Financial Services)*
Business Field Remittance Company
BRI Participation Date December 16, 2011
Total Assets IDR42,145 million
Ownership (%) 100.00%
Start of Operation/Operation Status April 7, 2005/Still Operating
Address 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
Faks : -
Email : info@brchk.com, brc.support@brchk.com
Web : www.brchk.com
Company Management Executive Management
Wisnu Rimba Pratama Non-Executive Director
Dimas Hendrasaputra Executive Director
*As of October 30, 2023, BRI Remittance Co. Ltd. changed its name to BRI Global Financial Services
Company Name PT Asuransi BRI Life (BRI Life)
Business Field Life Insurance Company
BRI Participation Date December 29, 2015
Total Assets IDR26,520,605 million
Ownership (%) 51.00%
Start of Operation/Operation Status October 28, 1987/Still Operating
Address Graha Irama
Jl. H. R. Rasuna Said Blok X-1 Kav. 1 & 2, Jakarta
Telp : (021) 526-1260, 526-1261
Faks : -
Email : cs@brilife.co.id
Web : www.brilife.co.id
Company Management BOARD OF COMMISSIONERS
Muhammad Syafri Rozi President Commissioner
Lau Soon Liang Commissioner
Hari Siaga Amijarso Independent Commissioner
Ubaidillah Nugraha Independent Commissioner
Eko Wahyudi Independent Commissioner
BOARD OF DIRECTOR
Aris Hartanto President director
I Dewa Gede Agung Director
(Vacant) Director
Sutadi Director
Lim Chet Ming Director
SUPERVISORY BOARD
KH. DR.Mohamad Hidayat, MBA, MH Chairman
M Ir. H. Agus Haryadi.AAAIJ, FIIS Member
Hj. Siti Haniatunnisa, LLB, MH Member
150 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Company Name PT BRI Multifinance Indonesia (BRI Finance)
Business Field Financing Company
BRI Participation Date December 7, 1983
Total Assets IDR7,689,464 Million
Ownership (%) 99.88%
Start of Operation/Operation Status December 7, 1983/Still Operating
Address Menara BRILiaN Lantai GF, 21 dan 22
Jl. Gatot Subroto No. 177A Kav. 64, Menteng, Tebet, Jakarta Selatan 12870
Telp : (021) 574 5333
Faks : -
Email : -
Web : www.brifinance.co.id
Company Management BOARD OF COMMISSIONERS
Sigit Murtiyoso President Commissioner
Dhoni Ramadi Commissioner
Diah Defawati Ande Independent Commissioner
BOARD OF DIRECTOR
Wahyudi Darmawan President Director
Primartono Gunawan Director
Ari Prayuwana Director
Willy Halim Sugiardi Director
Company Name PT BRI Danareksa Sekuritas (BRI DS)
Business Field Securities Companies in the field of Underwriters and Broker-Dealers
BRI Participation Date December 21, 2018
Total Assets IDR1,089,788 million
Ownership (%) 67.00%
Start of Operation/Operation Status July 1, 1992/Still Operating
Address Gedung BRI II Lt. 23
Jl. Jenderal Sudirman Kav. 44-46 Jakarta 10210
Telp : (021) 50914100, (021) 1500688
Faks : -
Email : callcenter@bridanareksasekuritas.co.id
Web : www.BRIDanareksasekuritas.co.id
Company Management BOARD OF COMMISSIONERS
Achmad Royadi Commissioner
R. Muhammad Irwan Independent Commissioner
Donsuwan Simatupang Independent Commissioner
BOARD OF DIRECTOR
Laksono Widodo President Director
Fifi Virgantria Director
Hendra Hermawan Director
Kevin Praharyawan Director
PT Bank Rakyat Indonesia (Persero) Tbk 151
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Company
Profile
Company Name PT BRI Ventura Investama (BRI Ventures)
Business Field Venture Capital Company
BRI Participation Date December 20, 2018
Total Assets IDR2,471,125 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 Faks : -
Email : -
Web : www.briventures.id
BOARD OF COMMISSIONERS
Ety Yuniarti President Commissioner
Henri Independent Commissioner
Agoosh Yoosran Independent Commissioner
Company Management
BOARD OF DIRECTORS
Nicko Widjaja President Director
Indra Bayu Gunawan Director
Markus Liman Rahardja Director
Company Name PT BRI Asuransi Indonesia (BRI Insurance)
Business Field General Insurance Company
BRI Participation Date September 26, 2019
Total Assets IDR7,721,019 milion
Ownership (%) 90.00%
Start of Operation/Operation Status April 17, 1989/Still Operating
Address Graha BRI Insurance
Jl. Mampang Prapatan Raya No. 18 Jakarta Selatan 12790
Telp : (021) 791 70477/78
Faks : -
Email : info@work.brins.co.id
Web : www.brins.co.id
Company Management BOARD OF COMMISSIONERS
Kris Hananto President Commissioner
Ayahanita K Independent Commissioner
Benny Imam Safii Independent Commissioner
Wahab Talaohu Independent Commissioner
BOARD OF DIRECTOR
Rahmat Budi Legowo President Director
Sony Harsono W.S. Director
Heri Supriyadi Director
Ade Zulfikar Director
Recky Plangiten Director
SHARIA SUPERVISORY BOARD
Hj. Nilmayetty Yusri Chairman
Abdul Ghoni Member
152 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Company Name PT Pegadaian
Business Field Pawn Company
BRI Participation Date September 13, 2021
Total Assets IDR102,172,436 million
Ownership (%) 99.99%
Start of Operation/Operation Status April 1,1901/Still Operating
Jl. Kramat Raya No.162, Kenari Senen, Jakarta Pusat
Telp : (021) 3155550
Address Faks : (021) 80635162
Email : -
Web : www.pegadaian.co.id
Company Management BOARD OF COMMISSIONERS
Loto Srinaita Ginting President Commissioner
Umiyatun Hayati T. Commissioner
Sudarto Commissioner
Makmur Keliat Independent Commissioner
Rini Widyantini Commissioner
Nezar Patria Independent Commissioner
Yudi Priambodo P. Independent Commissioner
BOARD OF DIRECTOR
Damar Latri Setiawan President Director
Elvi Rofiqotul Hidayah Director
Eka Pebriansyah Director
Teguh Wahyono Director
E.R.A Taufiq Director
Ferdian Timur Satyagraha Director
Gunawan Sulistyo Director
Udin Salahudin Director
SHARIA SUPERVISORY BOARD
Muhammad Cholil Nafis Chairman
Muhammad Asrorun Ni'am Sholeh Member
PT Bank Rakyat Indonesia (Persero) Tbk 153
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Company
Profile
Company Name PT Permodalan Nasional Madani (PNM)
Business Field Financing Company
BRI Participation Date September 13, 2021
Total Assets IDR55.348.061 million
Ownership (%) 99.99%
Start of Operation/Operation Status Juni 1, 1999/Still Operating
Menara PNM - Kuningan Center
Jl. Kuningan Mulia Karet Kuningan Jakarta 12940
Telp : (021) 2511404
Address
Faks : -
Email : info@pnm.co.id
Web : www.pnm.co.id
Company Management BOARD OF COMMISSIONERS
Arif Rahman Hakim President Commissioner
Nurhaida Independent Commissioner
Veronica Colondam Independent Commissioner
Parman Nataatmadja Commissioner
Iwan Taufiq Purwanto Commissioner
BOARD OF DIRECTOR
Arief Mulyadi President Director
Triswahju Herlina Director of Strategic Planning and Finance
Kindaris Director of Compliance and Risk Management
Prasetya Sayekti Director of Business
Director of Operations, Digital and Information
Sunar Basuki
Technology
SHARIA SUPERVISORY BOARD
Didin Hafidhuddin Chairman of the Sharia Supervisory Board
Muhammad Syafii Antonio Member of the Sharia Supervisory Board
154 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Company Name PT BRI Manajemen Investasi (BRI MI)
Business Field Securities Company in Investment Manager
BRI Participation Date December 20, 2018
Total Assets IDR313,098 million
Ownership (%) 65.00%
Start of Operation/Operation Status October 9, 1992/Still Operating
Address Gedung BRI II Lt. 22
Jl. Jenderal Sudirman Kav. 44-46 Jakarta 10210
Telp : (021) 29555789
Faks : (021) 25198 003
Email : cs@danareksainvestment.co.id
Web : www.danareksainvestment.co.id
Company Management BOARD OF COMMISSIONERS
Tri Hartono President Commissioner
Kahlil Rowter Independent Commissioner
BOARD OF DIRECTOR
Tina Meilina President Director
Ira Irmalia Sjam Director of Finance and Operations
Upik Susiyawati Director of Marketing
Associate Company
Company Name PT Bahana Artha Ventura (BAV)
Business Field Venture Capital Company
BRI Participation Date November 21, 2017
Total assets IDR1,269,997 million
Ownership (%) 15.10%
Start of Operation/Operation Status August 5,1992/Still Operating
Address Wisma Prima Lantai 5
Jl. Kapten P. Tendean No. 34, Jakarta Selatan 12790
Telp : (021) 79182688
Faks : (021) 7918 2687
Email : -
Web : www.bahanaventura.com
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 (%) 5.00%
Start of Operation/Operation Status November 11, 1998,/ Still Operating
Address Gedung Bursa Efek Jakarta Tower I, 5th Floor
JL. Jend Sudirman Kav. 52-53, Jakarta 12190
Telp : (021) 5152855
Faks : (021) 5299 1199
Email : helpdesk@ksei.co.id
Web : www.ksei.co.id
PT Bank Rakyat Indonesia (Persero) Tbk 155
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Company
Profile
Company Name PT Pemeringkat Efek Indonesia (Pefindo)
Business Field Securities Rating Company
BRI Participation Date June 15, 1995
Total assets -
Ownership (%) 6.78%
Start of Operation/Operation Status December 21, 1993/ Still Operating
Address Panin Tower Senayan City, 17th Floor
Jl. Asia Afrika Lot. 19, Gelora, Jakarta 12220
Telp : (021) 50968469
Faks : (021) 50968468
Email : corporate.secretary@pefindo.co.id
Web : www.pefindo.com
Company Name PT Bank Syariah Indonesia Tbk. (BSI)
Business Field Sharia Commercial Bank
BRI Participation Date December 19, 2007
Total assets IDR408,613,432 million
Ownership (%) 15.38%
Start of Operation/Operation Status October 16, 2008/ Still Operating
Note: As of February 1, 2021, Effectively joining Bank Syariah Mandiri and BNI Syariah to become Bank
Syariah Indonesia (BSI)
Address Kantor Pusat Gedung The Tower
Jl. Gatot Subroto No. 27 Kelurahan Karet Semanggi, Kecamatan Setiabudi, Jakarta Selatan 12930
Telp : BSI Call – 14040
Faks : -
Email : contactus@bankbsi.co.id
Web : www.bankbsi.co.id
Joint Venture Company
As of December 31, 2024, BRI did not have a Joint Venture Company.
156 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Company Group
Structure
Public Republic of Indonesia
46.81% 53.19%
PT Bank Raya Indonesia Tbk (Raya) PT BRI Multifinance Indonesia
86.85% 99.88%
Subsidiaries Subsidiaries
PT Asuransi BRI Life PT BRI Ventura Investama
51.00% 99.97%
Subsidiaries Subsidiaries
PT BRI Danareksa Sekuritas PT BRI Asuransi Indonesia
67.00% 90.00%
Subsidiaries Subsidiaries
BRI Global Financial Services Co. Ltd. PT Pegadaian
100.00% 99.99%
Subsidiaries Subsidiaries
PT BRI Manajemen Investasi (BRI MI) PT Permodalan Nasional Madani
65.00% 99.99%
Subsidiaries Subsidiaries
Associate Company
PT Bank Syariah PT Bahana PT Kustodian Sentral PT Pemeringkat Efek
Indonesia Tbk Artha Ventura Efek Indonesia (KSEI) Indonesia (Pefindo)
15.38% 15.10% 5.00% 6.78%
Associate Company Associate Company Associate Company Associate Company
Until 2024, BRI does not have a Parent Entity, Joint Venture and Special Purpose Vehicle (SPV).
PT Bank Rakyat Indonesia (Persero) Tbk 157
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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 of
1. PT Bank Raya Indonesia Tbk.
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 President Director, Compliance & Legal Director and Marketing Director. Furthermore,
4. PT Asuransi BRI Life
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
6. PT BRI Danareksa Sekuritas
Management 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
10. PT BRI Manajemen Investasi owned 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 4 (four) Managers at BRI’s Subsidiaries who currently
also serve at BRI, namely as follows:
Position at Subsidiary
No Name of Company Name Position at BRI
Company
1. PT BRI Asuransi Indonesia Kris Hananto Division Head Compliance President Commissioner
2. PT BRI Ventura Investama Ety Yuniarti Division Head MPE President Commissioner
3. PT BRI Danareksa Sekuritas Achmad Royadi SEVP Treasury & Global Service President Commissioner
4. BRI Global Financial Services Wisnu Rimba Pratama Chief Representative Non - Executive Director
5. PT BRI Multifinance Indonesia Dhoni Ramadi Division Head Retail Payment Commissioner
6 PT BRI Manajemen Investasi Tri Hartono Division Head SJK President Commissioner
158 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Stock Issuance
Chronology
2003 INITIAL PUBLIC OFFERING (IPO) 2004-2010 SHARE OWNERSHIP PROGRAM FOR MANAGEMENT
BRI exercised Initial Public Offering on 31 October 2003 with (MANAGEMENT STOCK OPTION PROGRAM)
a total of 3.811.765.000 Registered Ordinary Shares Series Based on the Extraordinary General Meeting of Shareholders’
B to domestic and foreign investors. The total shares was a decision on October 3. 2003. BRI’s shareholders approved the
divestment of 2.047.060.000 shares of the Republic of Indonesia stock purchase options for management or Management Stock
and 1.764.705.000 shares issued from the portfolio. Option Plan (MSOP). The number of shares issued in BRI’s MSOP
was 588.235.250. The implementation of the MSOP was carried
The initial public offering was in accordance with the effective out in three phases with the MSOP Phase I and II exercise periods
registration statement issued by Bapepam - now OJK (Letter of ended on November 9. 2008 and November 9. 2009. while the
Bapepam Chairman No. S-2646/ PM/2003) dated 31 October 2003. Phase III MSOP ended on November 9. 2010.
The shares were offered at a nominal value of IDR500.00 per share.
traded on 10 November 2003. with offering price of IDR875.00 The three stages of MSOP refer to Bapepam-LK Regulation No.
(IDR87.50 adjusted with stock split in 2011 and 2017) and registered IX.D.4 and IDX Regulation No.1-A Lamp. JSE Board of Directors
in Jakarta Stock Exchange (now Indonesia Stock Exchange). Decree No. Kep.305/BEJ/07-2004 concerning Securities Listing.
MSOP shares that have been exercised until the end of all MSOP
Following the initial public offering. BRI issued two types of stages are 569.876.000 shares. Until the end of the exercise
shares: Golden Shares Series A and Ordinary Shares Series B. period. there were still 18.3 million non-exercised shares
Golden Shares Series A are issued and owned by the Republic of consisting of 4.3 million MSOP Phase I. 5.2 million MSOP Phase
Indonesia and are not transferable to any parties. II and 8.8 million MSOP Phase III shares. With the end of the
MSOP exercise in 2010. the composition of government share
On 10 November 2003 BRI exercised oversubscription option of ownership changed from 59.07% in 2004 to 56.75% in 2010.
381.176.000 Ordinary Shares Series B ofthe Republic 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 Shares
Description Government Public Nominal
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
2015-2016 STOCK BUY-BACK
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.
PT Bank Rakyat Indonesia (Persero) Tbk 159
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Company
Profile
Stock Buy Back in 2015-2016
Total Number of shares Average Purchase Price Increase in Earnings per Share
221,718,000 shares Rp10,910/shares Rp9.5/shares
Note: before stock split 1:5
- Bank Indonesia Regulation No. 15/12/DASP/2013 regarding
In performing the stock buyback and/or bonds. the Bank complies
the Procedures for the Auction of Government Securities in
with the prevailing external regulations. among others:
the Primary Market and the Administration of Government
- Law No. 40 of 2007 on Limited Liability Company.
Securities.
- OJK Regulation No. 2/POJK.04/2013 on Stock Buyback by
Issuers or Public Companies in Significantly Fluctuating
The source of buyback funds was the Bank’s internal cash and
Market Conditions.
there was an assurance that the funds would not impact the
- OJK Circular Letter No. 22/SEOJK.04/2013 on Other
Bank’s financial condition required to finance its activities. All
Conditions as Significantly Fluctuating Market Conditions of
buy back transactions have been administered to the OJK on
Stock Buyback by Issuers or Public Companies in Significantly
January 13, 2016. The buyback shares are planned to be used the
Fluctuating Market Conditions.
Management/Employee Share Ownership Program.
2017 STOCK SPLIT 1:5
Berdasarkan Pursuant to the Extraordinary General Meeting stock split was 24.669.162.000 shares and at the stock split
of Shareholders (“EGMS”) held on October 18, 2017. the was 123.945.810.000 shares as of November 10, 2017. There
shareholders approved a stock split from IDR250 per shares were no changes on the shares’ ownership composition by the
previously to IDR50 per shares (Ratio 1:5). The share price prior Government or Public prior to and after the stock split. The
to stock split on November 9, 2017 was IDR16.450 and were shares listing chronology in relation with this corporate action
changed to IDR3.280 at the closing of trading on November are as follow:
10, 2017. Thus. the total shares outstanding prior to the
BRI Chronology of Issuance/Listing of Shares
Number of Shares
Year Corporate Action Nominal Offer Price (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 - -
2021 Right Issue 50 3.400 28,213,191,604
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.
160 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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
2021 RIGHT ISSUE
On September 13, 2021 – September 22, 2021. PT Bank Rakyat On September 9. 2021. BRI was entitled to 230.128.553 (HMETD)
Indonesia (Persero) Tbk. conducted Rights Issue or Capital in which 1 (one) Preemptive Rights had the right to purchase 1
Increase with Pre-emptive Rights (“PMHMETD”) I in the context of New Share at an Exercise Price of 3.400-IDR (three thousand four
forming Ultra Micro Holding consisting of PT Pegadaian (Persero) hundred Rupiah) per share. The total funds and inbreng results
and PT Permodalan Nasional Madani (PNM) Persero. BRI offered received by BRI in PMHMETD I reached to IDR95.924.851.453.600.
a maximum of 28.213.191.604 new Series B shares with apar 0 of which IDR54.770.595.614.000 came from the Government of
value of 50 IDRper share or a maximum of 18.62% of BRI’s issued the Republic of Indonesia in the form of inbreng (non-cash). and
and fully paid capital after PMHMETD I. Each previous holder of IDR41.154.255.839.600 from the public (cash). BRI’s outstanding
1.000.000.000 BRI shares whose names were registered in the DPS 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 Nominal
Outstanding
Number of (shares) % Number of (shares) % IDR
Before Stock Split 70,000,000,000 56.75 53,345,810,000 43.25 50 123,345,810,000
After Stock Split 86,108,998,710 56.82 65,450,002,894 43.18 50 151,559,001,604
Composition of Shareholders after Corporate ActionKorporasi
Total Number of Capital Value Paid
Shares Paid Up at End Late Period (IDR Government Public
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
151,559,001,604 7,577,950 86,108,998,710 56.82 65,450,002,894 43.18
PT Bank Rakyat Indonesia (Persero) Tbk 161
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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
No. Description Tenor Currency Bond Amount (Million)
distribution date
120
1. Subordinate Notes due 2003 September 25, 2003 USD USD150
Months
120
2. BRI Bank Subordinated Bonds I Year 2004 January 09, 2004 IDR IDR500,000
Months
60
3. BRI Bank Subordinated Bonds II Year 2009 December 22, 2009 IDR IDR2,000,000
Months
Shelf Registration Bonds I Bank BRI Phase I 2015 370
4. June 25, 2015 IDR IDR655,000
Series A Days
Shelf Registration Bonds I Bank BRI Phase I Year 36
5. June 25, 2015 IDR IDR925,000
2015 Series B Months
Shelf Registration Bonds I Bank BRI Phase I Year 60
6. July 02, 2015 IDR IDR1,420,000
2015 Series C Months
Shelf Registration Bonds I Bank BRI Phase II Year 370
7. January 19, 2016 IDR IDR808,000
2016 Series A Days
Shelf Registration Bonds I Bank BRI Phase II Year 36
8. January 19, 2016 IDR IDR1,018,500
2016 Series B Months
Shelf Registration Bonds I Bank BRI Phase II Year
9. February 04, 2016 5 Years IDR IDR2,823,500
2016 Series C
Shelf Registration Bonds I Bank BRI Phase III 370
10. May 04, 2016 IDR IDR1,212,000
Year 2016 Series A Days
Shelf Registration Bonds I Bank BRI Phase III 36
11. May 04, 2016 IDR IDR2,437,000
Year 2016 Series B Months
Shelf Registration Bonds I Bank BRI Phase III Year
12. May 25, 2016 5 Years IDR IDR701,000
2016 Series C
Shelf Registration Bonds II Bank BRI Phase I Year 370
13. December 02, 2016 IDR IDR616,000
2016 Series A Days
Shelf Registration Bonds II Bank BRI Phase I Year 36
14. December 02, 2016 IDR IDR964,000
2016 Series B Months
Shelf Registration Bonds II Bank BRI Phase I Year
15. December 01, 2016 5 Years IDR IDR193,000
2016 Series C
Shelf Registration Bonds II Bank BRI Phase I Year
16. December 01, 2016 7 Years IDR IDR477,000
2016 Series D
Shelf Registration Bonds II Bank BRI Phase I Year
17. December 01, 2016 10 Years IDR IDR2,350,000
2016 Series E
Shelf Registration Bonds II Bank BRI Phase II 370
18. April 12, 2017 IDR IDR1,131,000
Year 2017 Series A Days
Shelf Registration Bonds II Bank BRI Phase II 36
19. April 11, 2017 IDR IDR1,743,500
Year 2017 Series B Months
162 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Interest Rate Payment Rating
Bid price Due date Trustee
(%) status
2024 2023
- 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 - AAA by Pefindo
amount of the bonds id Indonesia
100% of the principal Bank Negara
December 01, 2026 8.90% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id 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
PT Bank Rakyat Indonesia (Persero) Tbk 163
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Company
Profile
Electronic Bond
No. Description Tenor Currency Bond Amount (Million)
distribution date
Shelf Registration Bonds II Bank BRI Phase II
20. April 11, 2017 5 Years IDR IDR925,000
Year 2017 Series C
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 36
22. August 24, 2017 IDR IDR980,500
Year 2017 Series A Months
Shelf Registration Bonds II Bank BRI Phase III
23. August 24, 2017 5 Years IDR IDR1,652,500
Year 2017 Series B
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
60
27. Senior Notes due 2018 March 28, 2013 USD USD500
Months
28. BRI Bank Subordinated Bonds III Year 2018 June 21, 2018 5 Years IDR IDR500,000
Shelf Registration Bonds III Bank BRI Phase I 370
29. November 07, 2019 IDR IDR737,850
Year 2019 Series A Days
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 Year 2022
34. July 20, 2022 370 Days IDR IDR2,500,000
Series A
Bank BRI Sustainable Bonds I Phase I Year 2022
35. July 20, 2022 3 Years IDR IDR2,000,000
Series B
Bank BRI Sustainable Bonds I Phase I Year 2022
36. July 20, 2022 5 Years IDR IDR500,000
Series C
37. BRI Bank Subordinated Bonds IV Year 2023 July 06, 2023 5 Years IDR IDR500,000
Bank BRI Sustainable Bonds I Phase II Year 2023
38. October 17, 2023 1 Years IDR IDR1,345,650
Series A
Bank BRI Sustainable Bonds I Phase II Year 2023
39. October 17, 2023 2 Years IDR IDR4,154,350
Series B
Bank BRI Sustainable Bonds I Phase II Year 2023
40. October 17, 2023 3 Years IDR IDR500,000
Series C
Bank BRI Sustainable Bonds I Phase III Year 2024
41. March 20, 2024 1 Years IDR IDR1,237,665
Series A
Bank BRI Sustainable Bonds I Phase III Year 2024
42. March 20, 2024 2 Years IDR IDR879,430
Series B
Bank BRI Sustainable Bonds I Phase III Year 2024
43. March 20, 2024 3 Years IDR IDR382,905
Series C
164 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Interest Rate Payment Rating
Bid price Due date Trustee
(%) status
2024 2023
100% of the principal Bank Negara
April 11, 2022 8.30% paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
April 11, 2027 8.80% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id 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
100% of the principal Bank Negara
August 24, 2024 8.25% paid off AA by Pefindo AAA by Pefindo
amount of the bonds id id Indonesia
100% of the principal Bank Negara
February 21, 2023 6.65% paid off AA by Pefindo AAA by Pefindo
amount of the bonds id id Indonesia
100% of the principal Bank Negara
February 21, 2025 6.90% Not yet paid off AA by Pefindo AAA by Pefindo
amount of the bonds id id Indonesia
- March 28, 2018 2.95% paid off - - BNY Mellon
100% of the principal Bank Negara
June 26, 2023 7.70% paid off AA by Pefindo AA by Pefindo
amount of the bonds id id Indonesia
100% of the principal November 17, Bank Negara
6.5% paid off - -
amount of the bonds 2020 Indonesia
100% of the principal November 07, Bank Negara
7.60% paid off - -
amount of the bonds 2022 Indonesia
100% of the principal November 07, Bank Negara
7.85% paid off AAA by Pefindo AAA by Pefindo
amount of the bonds 2024 id id Indonesia
99,696% of the
principal amount of July 20, 2023 4.625% paid off BBB- by Fitch BBB- by Fitch BNY Mellon
the bonds
99,713% of the “BBB- by Fitch “BBB- by Fitch
principal amount of March 28, 2024 3.950% paid off Rating Baa2 by Rating Baa2 by BNY Mellon
the bonds Moodys” Moodys”
100% of the principal Bank Negara
July 30, 2022 3.70% paid off - -
amount of the bonds Indonesia
100% of the principal Bank Negara
July 20, 2024 5.75% paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Indonesia
100% of the principal Bank Negara
July 20, 2027 6.45% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Indonesia
100% of the principal Bank Tabungan
July 06, 2028 6.45% Not yet paid off AA by Pefindo AA by Pefindo
amount of the bonds id id Negara
100% of the principal Bank Tabungan
October 27, 2024 6.10% paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Negara
100% of the principal Bank Tabungan
October 17, 2025 6.35% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Negara
100% of the principal Bank Tabungan
October 17, 2026 6.30% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Negara
100% of the principal Bank Tabungan
March 30, 2025 6.15% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Negara
100% of the principal Bank Tabungan
March 20, 2026 6.25% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Negara
100% of the principal Bank Tabungan
March 20, 2027 6.25% Not yet paid off AAA by Pefindo AAA by Pefindo
amount of the bonds id id Negara
PT Bank Rakyat Indonesia (Persero) Tbk 165
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Company
Profile
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 Currency Due date
date (month) (million) Rate (%) status
Negotiable Certificate of Deposit September 24, 5.35%
June 24, 2020 3 Months IDR IDR630,000 Paid off
I BANK BRI TAHUN 2020 Seri A 2020 (Diskonto)
Negotiable Certificate of Deposit December 23, 5.30%
June 24, 2020 6 Months IDR IDR520,000 Paid off
I BANK BRI TAHUN 2020 Seri B 2020 (Diskonto)
Negotiable Certificate of Deposit 5.75%
June 24, 2020 12 Months IDR IDR850,000 June 24, 2021 Paid off
I BANK BRI TAHUN 2020 Seri C (Diskonto)
Chronology of Issuance and/or Listing of Medium Term Notes (MTN)
Table of Information Issuance of Medium Term Notes (MTN)
Electronic Number of
Interest
distribution MTN Payment
No. Description Tenor Currency Bid price Due date Rate
date of (Million) Status
(%)
MTN
MTN BRI Tahap I 10 Oktober 370 October 15,
1. IDR IDR300,000 - 8.75 Paid off
Tahun 2014 Seri A 2014 days 2015
MTN BRI Tahap I 10 Oktober October 10,
2. 24 IDR IDR60,000 - 9.25 Paid off
Tahun 2014 Seri B 2014 2016
MTN BRI Tahap I 10 Oktober October 10,
3. 36 IDR IDR360,000 - 9.50 Paid off
Tahun 2014 Seri C 2014 2017
MTN BRI Tahap II 24 Desember December 24,
4. 12 IDR IDR520,000 - 8.90 Paid off
Tahun 2014 2014 2015
MTN BRI Tahap I 16 September 370 September
5. IDR IDR1,925,000 - 7.40 Paid off
Tahun 2016 2016 days 21, 2017
MTN Bank BRI 100% of the
24 November 2 November 24,
6. Tahun 2022 Seri A IDR IDR2,000,000 principal amount 6.60% Paid off
2022 years 2024
of the MTN
MTN Bank BRI 100% of the
24 November 3 November 24, Not yet
7. Tahun 2022 Seri B IDR IDR3,000,000 principal amount 6.98%
2022 years 2025 paid off
of the MTN
Chronology of Issuance and/or Recording of Long Term Notes (LTN)
Table of Information Issuance of Long Term Notes (LTN)
Electronic
Number of Interest
distribution Payment
No. Description Tenor Currency MTN Bid price Due date Rate
date of Status
(Million) (%)
MTN
Long Term Notes
Carried Out
Without Going
100% of the
Through a Public December 27, 162 Not yet
1. IDR IDR52,332 principal amount June 27, 2036 0.55%
Offering of PT Bank 2022 Months paid off
of the LTN
Rakyat Indonesia
(Persero) Tbk I in
2022
166 PT Bank Rakyat Indonesia (Persero) Tbk
Page 169
2024 Annual Report
Electronic
Number of Interest
distribution Payment
No. Description Tenor Currency MTN Bid price Due date Rate
date of Status
(Million) (%)
MTN
Long Term Notes
Carried Out
Without Public 100% of the
October 25, January 25, Not yet
2. Offering of PT Bank 159 IDR IDR59,485 principal amount 0.55%
2023 2037 paid off
Rakyat Indonesia of the LTN
(Persero) Tbk II in
2023
Long Term Notes
Carried Out
Without Public 100% of the
March 26, February 26, Not yet
3. Offering of PT Bank 155 IDR IDR55,920 principal amount 0.55%
2024 2037 paid off
Rakyat Indonesia of the LTN
(Persero) Tbk II in
2023
Information on Using the Services of Public
Accounting (AP) and Public Accounting
Offices (KAP)
Name of KAP Purwantono, Sungkoro & Surja
Association Network Ernst & Young Global Limited
Indonesia Stock Exchange Building, Tower 2, Lantai 7,
KAP Address Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia
AP Name Christophorus Alvin Kossim
KAP Assignment Period 9th year
AP Assignment Period 5th year
Audit Services Audit Fees
1. General audit of the Consolidated Financial Statements of the Company and Subsidiaries for the 2024 Financial Year,
1. IDR15,825,000,000
including SA 600 - Special Considerations – Audit of Group Financial Reports for the Financial Audit Agency (BPK).
2. Compliance with Legislation and Internal Control (PSA 62) 2024. 2. IDR125,000,000
3. General audit of the Company’s Micro Small Enterprise Funding Program (PUMK) Financial Report for the 2024 Fiscal
3. IDR675,000,000
Year.
4. General audit of the financial reports of the Long Term Incentives (LTI) Program for the Board of Directors and Board
4. IDR18,400,000,000
of Commissioners for the 2024 financial year
Non Audit Services Non-Audit Fee
1. Agreed procedure for calculating the KPI achievements of the Board of Directors (collegial and individual), position
1. IDR600,000,000
December 31, 2024.
2. Agreed procedures for data sent by BRI for the compilation of the Ministry of SOEs’ financial reports for the 2024
2. IDR240,000,000
financial year.
3. Agreed procedures for compliance with applicable regulations for funding micro and small businesses for the 2024
3. IDR185,000,000
financial year (if necessary).
PT Bank Rakyat Indonesia (Persero) Tbk 167
Page 170
Company
Profile
Name and Address of Supporting Institutions
and/or Professionals
Securities Rating Agency
Panin Tower - Senayan City, 17th Floor
Jl. Asia Afrika Lot. 19 Jakarta 10270, Indonesia
Telp : (021) 7278 2380
PT Pemeringkat Efek Faks : (021) 7278 2370
Indonesia Web : www.pefindo.com
(Pefindo) Email : -
Services provided: Corporate Rating, Rating of BRI Bank Sustainable Bonds Phase III Year 2024
Prudential Tower 20th Floor
Jl. Jend Sudirman Kav. 79 Jakarta 12910, Indonesia
Telp : (021) 5795 7755
Fitch Ratings Indonesia Faks : (021) 5795 7750
Web : www.fitchratings.co.id
Email : -
30 North Colonnade London E14 SGN United Kingdom
Telp: +44(0)20 3530 1000
Fitch Ratings International Web: www.fitchratings.com
Email: lonaccounts.receivable@fitchratings.com
50 Raffles Place #23-06 Singapore Land Tower Singapore 048623
Telp : 65 6398 8339
Moody’s Investors Service Faks : 65 6398 8301
Web : www.moodys.com/indonesia
Email : clientservices@moodys.com
Singapore 12 Marina Boulevard 018982 Singapura
SnP Global Rating Head of Sales, Asia-Pacific
Telp : (0852) 2533-3522
Trade Information and Share Listing
Gedung Bursa Efek Indonesia, Tower 1
Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190, Indonesia
Telp : (021) 5150515
Faks : (021 5)154153
PT Bursa Efek Indonesia
Web : www.idx.co.id
Email : listing@idx.co.id
Services provided : Shares Bond Listing Service
168 PT Bank Rakyat Indonesia (Persero) Tbk
Page 171
2024 Annual Report
Securities Administration Bureau
Jl. Hayam Wuruk No. 28, Jakarta 10120
Telp : (021) 3508077
Faks : (021) 350 8078
PT Datindo Entrycom Web : www.datindo.com
Email : dm@datindo.com
Services provided : AGMS Support Consultant Services (AGMS and Dividend Payment)
Custodian
Gedung Bursa Efek Indonesia, Tower 1, Lantai 5
Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190, Indonesia
Telp : (021) 5152855
PT Kustodian Fax : (021) 52991199
Sentral Efek Indonesia Web : www.ksei.co.id
Email : helpdesk@ksei.co.id
Services provided : Management of securities administration (shares and bonds) and Paying Agent
Notary Public
Graha Irama Lantai 6C
Jl. H. R. Rasuna Said Blok X-1, Kav. 1& 2, Kuningan Timur, Kec. Setiabudi, Kota Jakarta Selatan, Daerah Khusus
Notaris &
Ibukota Jakarta 12710
PPAT Fathiah Helmi
Services provided : Making deeds of GMS decisions and Articles of Association
PT Bank Rakyat Indonesia (Persero) Tbk 169
Page 172
Company
Profile
Awards
and Certifications
Awards
Place of
No. Award Date Organizer Category Level
Implementation
ITB School of
Anugerah Avirama Nawasena: Sustainable January 18, Business and
1 ESG Jakarta National
Accountability Disclosure and Reporting 2024 Management (SBM
ITB)
Best Stock Awards 2024: BRI sebagai January 25,
2 Investor Trust Banking Jakarta National
Pemenang Kategori Big Cap Sektor Keuangan 2024
Best Stock Awards 2024: BRI sebagai January 25,
3 Investor Trust Banking Jakarta National
Pemenang Kategori BUMN 2024
Indonesia Living Legend Awards 2024: BRI
sebagai Diamond Living Legend Company
January 31,
4 in Providing Inclusive Banking Products and Warta Ekonomi Banking Jakarta National
2024
Services Through MSME and Ultra Micro Credit
Distribution
Sustainable Finance Awards 2024: BRI Best February 1, Sustainable
5 Global Finance London International
Bank in Indonesia (Kategori Asia-Pasific) 2024 Finance
Indonesia Top Digital PR Award 2024: BRI
February 7, InfoEkonomi ID
6 sebagai Indonesia TOP Digital PR Award 2024 Public Relation Jakarta National
2024 & Tras n Co
Special Achievement for Financial Sector
Investor Daily ESG Apreciation: BRI sebagai February
7 B-Universe ESG Jakarta National
Appreciated Governance ESG Report 2023 27, 2024
Investor Daily ESG Apreciation: Most February
8 B-Universe ESG Jakarta National
Appreciated ESG Report 2023 27, 2024
Investor Daily ESG Apreciation: ESG Lower Risk February
9 B-Universe ESG Jakarta National
2023 (Top 20 ESG Leader Bursa) 27, 2024
170 PT Bank Rakyat Indonesia (Persero) Tbk
Page 173
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
Investor Daily ESG Apreciation: Most February
10 B-Universe ESG Jakarta National
Integrated ESG Report 2023 27, 2024
Sustainability Communication Awards 2024:
February Nusantara TV
11 BRI sebagai The Excellent Sustainable Public Relation Jakarta National
28, 2024 with Binokula
Communication Company in Financial Sector
Global SME Banking Innovation Awards 2024: February
12 The Digital Banker Banking Virtual International
BRI sebagai Best Data Analytic Initiative 29, 2024
February
Top Brand Award 2024: Tabungan BRI Junior
13 28 - 29, Marketing Magazine Banking Jakarta National
(Juara 1)
2024
February
Top Brand Award 2024: Tabungan BRI BritAma
14 28 - 29, Marketing Magazine Product/Brand Jakarta National
(Juara 2)
2024
February
Top Brand Award 2024: Tabungan BritAma
15 28 - 29, Marketing Magazine Banking Jakarta National
Rencana (Juara 2)
2024
February
16 Top Brand Award 2024: BRIZZI (Juara 2) 28 - 29, Marketing Magazine Banking Jakarta National
2024
February
17 Top Brand Award 2024: Deposito BRI (Juara 2) 28 - 29, Marketing Magazine Product/Brand Jakarta National
2024
February
Top Brand Award 2024: Internet Banking (Juara
18 28 - 29, Marketing Magazine Banking Jakarta National
2)
2024
February
Top Brand Award 2024: Kartu Kredit BRI (Juara
19 28 - 29, Marketing Magazine Banking Jakarta National
4)
2024
February
20 Top Brand Award 2024: KPR BRI (Juara 4) 28 - 29, Marketing Magazine Digital Jakarta National
2024
3 Besar Kategori BUMN Penggunaan Produk March 4, Indonesian Ministry
21 PDN Jakarta National
Dalam Negeri 2024 of Industry
Pertamina Appreciation Night Award 2024: March 5,
22 Pertamina Banking Jakarta National
Bank Trade Finance (Winner) 2024
Pertamina Appreciation Night Award 2024: March 5,
23 Pertamina Banking Jakarta National
Bank Penempatan (Winner) 2024
Pertamina Appreciation Night Award 2024: March 5,
24 Pertamina Banking Jakarta National
Bank Pinjaman Jangka Pendek (Winner) 2024
Pertamina Appreciation Night Award 2024: Top March 5,
25 Pertamina Banking Jakarta National
Local Bank (Winner Best of the best) 2024
March 7,
26 The Ninth WOW Brand: KPR BRI (Juara 2) Markplus.inc Banking Jakarta National
2024
March 7,
27 The Ninth WOW Brand: ATM BRI (Juara 1) Markplus.inc Digital Jakarta National
2024
March 7,
28 The Ninth WOW Brand: Tabungan BRI (Juara 2) Markplus.inc Banking Jakarta National
2024
March 7,
29 The Ninth WOW Brand: Kartu Kredit BRI (Juara 2) Markplus.inc Banking Jakarta National
2024
The Ninth WOW Brand: Bank Konvensional BRI March 7,
30 Markplus.inc Brand Jakarta National
(Juara 2) 2024
PT Bank Rakyat Indonesia (Persero) Tbk 171
Page 174
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
PR Indonesia Awards (PRIA) 2024: BRI Program March 7,
31 Humas Indonesia Public Relation Bali National
PR Terbaik - Membangun Ekonomi Kerakyatan 2024
PR Indonesia Awards (PRIA) 2024: Kanal Digital March 7,
32 Humas Indonesia Public Relation Bali National
- Media Sosial Tiktok Terbaik 2024
PR Indonesia Awards (PRIA) 2024: BRI Kanal March 7,
33 Humas Indonesia Public Relation Bali National
Digital - Media Sosial Instagram Terbaik 2024
PR Indonesia Awards (PRIA) 2024: BRI March 7,
34 Humas Indonesia Public Relation Bali National
Sustainability Report Terbaik 2024
PR Indonesia Awards (PRIA) 2024: BRI Annual March 7,
35 Humas Indonesia Public Relation Bali National
Report Terbaik 2024
PR Indonesia Awards (PRIA) 2024: BRI sebagai
March 7,
36 Pemenang 20 Lembaga/Korporasi di Media Humas Indonesia Public Relation Bali National
2024
Cetak dan Online
BUMN Corporate Communications and
Sustainability Summit (BCOMSS) 2024: Best March 7,
37 Ministry of BUMN Social Media Jakarta Regional
Social Media and Corporate Campaign (Juara 2024
II)
BUMN Corporate Communications and
Sustainability Summit (BCOMSS) 2024: March 7,
38 Ministry of BUMN Produk/Brand Jakarta Regional
Corporate Social Media Ranger Activation 2024
(Juara II)
BUMN Corporate Communications and
Sustainability Summit (BCOMSS) 2024: Best March 7,
39 Ministry of BUMN CEO Jakarta Regional
CEO of Communication - Sunarso Direktur 2024
Utama BRI
BUMN Corporate Communications and
March 7, Stakeholder
40 Sustainability Summit (BCOMSS) 2024: Ministry of BUMN Jakarta Regional
2024 Management
Stakeholder Management (Juara I)
Business Matching 2024: BRI sebagai BUMN
March 7, Ministry
41 yang Mendukung Peningkatan Penggunaan Product/Brand Bali National
2024 of Industry
Produk Dalam Negeri (P3DN) 2024
The Ninth WOW Brand: Mobile Banking BRImo March 7,
42 Markplus.inc Banking Jakarta National
(Juara 3) 2024
Best CEO of Communications pada BUMN
March 8,
43 Corporate Communication and Sustainability Ministry of BUMN CEO Jakarta Regional
2024
Summit (BCOMSS) 2024
Retail Banker International (RBI) Trailblazer
March 14, Retail Banker
44 Asia Awards 2024: BRI as Best Current Offering Banking Singapura International
2024 International (RBI)
(Winner)
Retail Banker International (RBI) Trailblazer
March 14, Retail Banker
45 Asia Awards 2024: Excellence in Mass Affluent Banking Singapura International
2024 International (RBI)
Banking (Highly Comended)
CNN Indonesia Awards 2024: Outstanding
March 21,
46 Champion for Financial Inclusion Practice - BRI CNN Indonesia Banking Makassar National
2024
Regonal Office Makassar
Indonesia Top Digital Corporate Brand Award
2024: TOP Digital Corporate Award 2024 March 28, InfoEkonomi ID &
47 Product/Brand Jakarta National
Special Achievement for BUMN, Subsidiary 2024 Tras n Co
BUMN & BUMD
The Most Valuable Banking Brand in Indonesia
March 6,
48 pada Top 500 Banking Brands 2024 dari Brand Brand Finance Brand London International
2024
Finance
13th Infobank Digital Brand 2024: The 2nd Best
Mobile Banking Bank Umum Konvensional April 1,
49 Infobank Banking Jakarta National
2024-KBMI 4 (Modal Inti di atas Rp70 Triliun) 2024
(BRIMO - Juara II)
172 PT Bank Rakyat Indonesia (Persero) Tbk
Page 175
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
13th Infobank Digital Brand 2024: The Best
Overall Tabungan Bank Umum Konvensional April 1,
50 Infobank Banking Jakarta National
2024-KBMI 4 (Modal Inti di atas Rp70 Triliun) 2024
(Juara I)
13th Infobank Digital Brand 2024: The 2nd Best
April 1,
51 Overall KPR Bank Umum Konvensional 2024 Infobank Digital Jakarta National
2024
(Juara II)
13th Infobank Digital Brand 2024: The 2nd
April 1,
52 Best Overall Mobile Banking Bank Umum Infobank Banking Jakarta National
2024
Konvensional 2024 (Juara II)
13th Infobank Digital Brand 2024: The 2nd Best
April 1,
53 Deposito Bank Umum Konvensional 2024-KBMI Infobank Digital Jakarta National
2024
4 (Modal Inti di atas Rp70 Triliun) (Juara II)
13th Infobank Digital Brand 2024: The 2nd Best
Overall Wealth Management Bank Umum April 1,
54 Infobank Banking Jakarta National
Konvensional 2024-KBMI 4 (Modal Inti di atas 2024
Rp70 Triliun) (Juara II)
13th Infobank Digital Brand Recognition 2024:
Bank BRI sebagai The 2nd Highest Digital Index April 1,
55 Infobank Banking Jakarta National
Mobile Banking Conventional Bank 2024 2024
(Overall II)
13th Infobank Digital Brand 2024: The 3rd Best
April 1,
56 Overall Bank Umum Konvensional 2024 - (Juara Infobank Digital Jakarta National
2024
III)
13th Infobank Digital Brand 2024: The 3rd Best
April 1,
57 Overall Bank Umum Konvensional 2024-KBMI 4 Infobank Digital Jakarta National
2024
(Modal Inti d atas Rp70 Triliun) (Juara III)
13th Infobank Digital Brand Recognition 2024:
April 1,
58 Platinum Trophy Bank Umum Konvensional - Infobank Banking Jakarta National
2024
10 Years in a Row 2015-2024
13th Infobank Digital Brand Recognition 2024:
April 1,
59 The Best Banking CEO In Digital Brand 2024 - Infobank CEO Jakarta National
2024
Sunarso Direktur Utama BRI
13th Infobank Digital Brand Recognition 2024:
April 1,
60 Bank BRI sebagai The 2nd Best Mortgage Loan Infobank Banking Jakarta National
2024
Conventional Bank/KBMI4 2024 (Juara II)
PT Bank Rakyat Indonesia (Persero) Tbk 173
Page 176
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
13th Infobank Digital Brand Recognition 2024:
April 1,
61 Bank BRI sebagai The Best Savings Account Infobank Banking Jakarta National
2024
Conventional Bank/KBMI4 2024 (Juara I)
13th Infobank Digital Brand Recognition 2024:
April 1,
62 Bank BRI sebagai The Highest Digital Index Infobank Banking Jakarta National
2024
Conventional Bank 2024 (Juara III)
13th Infobank Digital Brand Recognition 2024:
Bank BRI sebagai The Highest Digital Index April 1,
63 Infobank Banking Jakarta National
Savings Account Conventional Bank 2024 2024
(Overall I)
13th Infobank Digital Brand Recognition 2024:
Bank BRI sebagai The 2nd Highest Digital Index April 1,
64 Infobank Banking Jakarta National
Mortgage Loan Conventional Bank 2024 2024
(Overall II)
13th Infobank Digital Brand Recognition 2024:
April 1,
65 Bank BRI sebagai The 3rd Highest Digital Index Infobank Banking Jakarta National
2024
Deposit Conventional Bank 2024 (Overall III)
13th Infobank Digital Brand Recognition 2024:
April 1,
66 Bank BRI sebagai The 3rd Highest Digital Index Infobank Banking Jakarta National
2024
Debit Card Conventional Bank 2024 (Overall III)
The Best Chief Executive Officer (CEO) in April 1,
67 Infobank CEO Jakarta National
Digital Brand 2024
The Best Investortrust Companies 2024: BRI April 16,
68 Investor Trust Banking Jakarta National
sebagai Pemenang Emiten Terbaik 2024 2024
20 Top Companies to Watch in 2024: BRI April 25,
69 Bloomberg Technoz Digital Jakarta National
sebagai Result, Review, Outlook 2024
TOP Innovation Choice Award 2024: Bank BRI
sebagai Layanan Transaksi dan Pembayaran April 30,
70 InfoEkonomi Digital Jakarta National
QRIS Memakai Kartu Kredit BRI Melalui Aplikasi 2024
Super Apps BRImo
Bank Service Excellence Monitor (BSEM) 2024:
71 Performa Terbaik Mobile Banking Bank untuk May 2, 2024 BSEM MRI Digital Jakarta National
BRImo
Bank Service Excellence Monitor (BSEM) 2024:
72 May 2, 2024 BSEM MRI Digital Jakarta National
Performa Terbaik Chatbot untuk Sabrina
174 PT Bank Rakyat Indonesia (Persero) Tbk
Page 177
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
Bank Service Excellence Monitor (BSEM) 2024:
73 May 2, 2024 BSEM MRI Contact Center Jakarta National
Peringkat II Overall Contact Center
R.A Kartini Award 2024: Outstanding Leader
74 In Financial Sector - Handayani Direktur Bisnis May 8, 2024 Trans Tv Leadership Jakarta National
Konsumer BRI
CNN Indonesia Awards 2024: Outstanding
Social Engagement & Corporate Action dan May 13,
75 CNN Indonesia UMKM Bali National
Best Business Sector Development Practices - 2024
BRI Regonal Office Denpasar
The Asset 25th Anniversary: Triple A Treasurise May 14,
76 The Asset Banking Hong Kong International
Award - Best in Treasury and Working Capital 2024
The Asset 25th Anniversary: Triple A Treasurise
May 14,
77 Award - BRI sebagai Best Service Provider – The Asset Banking Hong Kong International
2024
Transaction Bank
BUMN Etrepreneurial Marketing Award (BEMA)
May 15, Women
78 2024: DEWI BUMN 2024 - Handayani Direktur MCorp Mettaverse Jakarta National
2024 Empowerment
Bisnis Konsumer
BUMN Etrepreneurial Marketing Award (BEMA)
May 15, Women
79 2024: DEWI BUMN 2024 - Viviana Dyah Ayu MCorp Mettaverse Jakarta National
2024 Empowerment
Retno K. Direktur Keuangan
Marketeers Youth Choice Award 2024: Best May 16,
80 Marketeers Branding Jakarta National
Branding Engagement (BRImo FSTVL MCM) 2024
Sustainalytics ESG Risk Rating: Low Risk ESG May 16, Morningstar
81 ESG United States International
Rating 2024 Sustainalytics
Mata Lokal Award 2024: Impact Category - BRI May 17, Mata Lokal x
82 Digital Jakarta National
Sebagai Best in Personalization Strategy 2024 Tribunnews
May 17, Mata Lokal x
83 Mata Lokal Award 2024: Chatbot BRI Sabrina - BRI Digital Jakarta National
2024 Tribunnews
Euromoney Trade Finance Award 2024: BRI May 17, Banking
84 Euromoney London International
Sebagai Best Service Domestic 2024 Services
Euromoney Trade Finance Award 2024: BRI May 17,
85 Euromoney Banking London International
Sebagai Market Leader Domestic 2024
Euromoney Trade Finance Award 2024: BRI May 17, Banking
86 Euromoney London International
Sebagai Best Service Overall 2024 Services
Euromoney Cash Management Award 2024: BRI May 17,
87 Euromoney Digital London International
Sebagai Country Best Service Logo Qlola 2024
Euromoney Cash Management Award 2024: BRI May 17,
88 Euromoney Digital London International
Sebagai Country Marketer Leaader Logo Qlola 2024
Juara 3: Transaksi tertinggi 3 (Kategori Seller
Nasional) dan Transaksi tertinggi 3 (Kategori May 22, Kementerian BUMN
89 PDN Medan National
Seller Lokal), Business Matching Medan, 2024 & PADI UMKM
Wilayah Sumatera.
Euromoney Awards for Excellence 2024: BRI May 23,
90 Euromoney CSR London International
Sebagai Best CSR 2024
May 27,
91 TOP CSR Awards 2024: BRI Sebagai on Star 5 MSI Group CSR Jakarta National
2024
May 27,
92 TOP CSR Awards 2024: Kategori Trophy Khusus MSI Group CSR Jakarta National
2024
TOP CSR Awards 2024: TOP Leader on CSR May 27,
93 MSI Group Leadership Jakarta National
Commitment 2024 -Sunarso Direktur Utama BRI 2024
PT Bank Rakyat Indonesia (Persero) Tbk 175
Page 178
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
Transparansi dan Penurunan Emisi Korporasi
Terbaik 2024: BRI Sebagai Transparansi May 29,
94 Investor Trust ESG Jakarta National
Perhitungan Emisi Korporasi Kategori Platinum 2024
Plus.
Transparansi dan Penurunan Emisi Korporasi
Terbaik 2024: BRI Sebagai Transparansi May 29,
95 Investor Trust ESG Jakarta National
Penurunan Emisi Korporasi Kategori Green 2024
Elite
Green Economic Forum 2024: BRI Sebagai
May 29,
96 Perusahaan Green Business Terbaik 2024 CNBC Indonesia ESG Jakarta National
2024
(Peringkat I)
6th TOP Digital Corporate Brand Award 2024: May 30,
97 Infoekonomi Banking Jakarta National
Special Achievement for Financial Industry 2024
Top Women: The Most Outstanding Women May 31, Women
98 Infobank Bali National
2024 - Handayani Direktur Bisnis Konsumer BRI 2024 Empowerment
Top Women: The Most Outstanding Women
May 31, Women
99 2024 - Viviana Dyah Ayu Retno Kumalasari Infobank Bali National
2024 Empowerment
Direktur Keuangan BRI
R.A. Kartini Award 2024: Outstanding Leader
May 31,
100 in Profit Achievement in Finance - Handayani Trans Tv Leadership Jakarta National
2024
Direktur Bisnis Konsumer
Top Women: The Most Outstanding Women
May 31, Women
101 2024 - Rofikoh Rokhim Komisaris Independen Infobank Bali National
2024 Empowerment
BRI
Top Women: The Most Outstanding Women May 31, Women
102 Infobank Bali National
2024 - Dwi Ria Latifa Komisaris Independen BRI 2024 Empowerment
Top Women: The Most Outstanding Women
May 31, Women
103 2024 - Nurmaria Sarosa Komisaris Independen Infobank Bali National
2024 Empowerment
BRI
HR Asia Sustainable Workplace Award 2024:
May 31,
104 BRI Sebagai Best Companies to Work for in Asia HR Asia Human Capital Jakarta International
2024
TM 2024 (Indonesia Chapter).
Global Private Banking Innovation Awards June 6, Global Private
105 Brand London International
2024: BRI Sebagai Best Bank (BRI Prioritas) 2024 Banker
Forbes 2024 Global 2000 List - BRI SebagaiThe June 6,
106 Forbes Product/Brand United States International
World’s Largest Companies Ranked 308 2024
Indonesia Best Living Legend Companies and
June 10,
107 Brands 2024: BRI Sebagai Indonesia Best Living SWA Product/Brand Jakarta National
2024
Legend Company
Bisnis Indonesia Awards (BIA) 2024: Kategori June 13,
108 Bisnis Indonesia Banking Jakarta National
Bank Persero 2024
Finance Asia Awards 2024: BEST CEO - Sunarso June 27,
109 Asia Best Companies CEO Hongkong International
Direktur Utama BRI (Gold) 2024
Finance Asia Awards 2024: BEST CFO - Viviana
June 27,
110 Dyah Ayu Retno Kumalasari Direktur Keuangan Asia Best Companies CFO Hongkong International
2024
BRI (Silver)
Finance Asia Awards 2024: BRI Sebagai Most June 27,
111 Asia Best Companies DEI Hongkong International
Committed to DEI (Silver) 2024
Finance Asia Awards 2024: BRI Sebagai Best June 27,
112 Asia Best Companies Banking Hongkong International
Investor Relations (Gold) 2024
Finance Asia Awards 2024: BRI Sebagai Best June 27,
113 Asia Best Companies Banking Hongkong International
Large-Cap Company (Bronze) 2024
176 PT Bank Rakyat Indonesia (Persero) Tbk
Page 179
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
Finance Asia Awards 2024: BRI Sebagai Best June 27,
114 Asia Best Companies Banking Hongkong International
Managed Compay (Gold) 2024
Finance Asia Awards 2024: BRI Sebagai Most June 27,
115 Asia Best Companies ESG Hongkong International
Committed to ESG (Silver) 2024
Finance Asia Awards 2024: BRI Sebagai
June 27,
116 Domestic Categories | Best Bank for Financial Finance Asia Banking Hongkong International
2024
Inclusion
Finance Asia Awards 2024: BRI Sebagai
June 27,
117 Domestic Categories | Best Commercial Bank Finance Asia Banking Hongkong International
2024
- SMEs
Finance Asia Awards 2024: BRI Sebagai June 27,
118 Finance Asia Banking Hongkong International
Domestic Categories | Best Sustainable Bank 2024
Finance Asia Awards 2024: BRI Sebagai
June 27,
119 Domestic Categories | Most Innovative Finance Asia Digital Hongkong International
2024
Technology - Banks
Fortune 500 Southeast Asia: BRI Peringkat 15 June 21,
120 Fortune Produk/Brand Southeast Asia International
Secara Umum dari 500 Perusahaan 2024
Fortune 500 Southeast Asia: BRI Peringkat 1 June 21,
121 Fortune Banking Southeast Asia International
Kategori Finansial di Indonesia 2024
Fortune 500 Southeast Asia: BRI Peringkat 4 June 21,
122 Fortune Banking Southeast Asia International
Kategori Finansial di Asean 2024
HR Asia Best Companies to Work for in Asia 2024, June 6,
123 HR Asia HR Southeast Asia International
mencakup HR Sustainable Workplace Awards 2024
June 6,
124 LinkedIn Top Companies Indonesia 2024 LinkedIn Banking Jakarta National
2024
Bisnis Indonesia Corporate Social
June 27,
125 Responsibility Awards (BISRA) 2024: Kategori Bisnis Indonesia CSR Jakarta National
2024
Platinum - Yok Kita GAS – Gerakan Anti Sampah
Juara 2: Transaksi tertinggi 2 (Kategori Seller
Nasional) dan Transaksi tertinggi 2 (Kategori June 27, Ministry of BUMN &
126 PDN Bali National
Seller Lokal), Business Matching Bali, Jawa 2024 PADI UMKM
Timur, Bali dan Nusa Tenggara
127 Indonesia FX Awards 2024: Best State Bank June 2024 LSEG Treasury Jakarta National
PT Bank Rakyat Indonesia (Persero) Tbk 177
Page 180
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
ABF Retail Banking Awards 2024: BRI Sebagai
Marketing
128 Marketing & Brand Initiative of the Year - July 4, 2024 ABF Retail Banker Singapore International
Brand
Indonesia (Juara 1)
Regional Office
of the Directorate
Penganugerahan Wajib Pajak Tahun 2024: BRI General of Taxes
129 July 6, 2024 Banking Jakarta National
Sebagai Wajib Pajak Patuh for Large Taxpayers
or Large Tax Office
(Kanwil LTO)
Best FX Bank for Hedging requirements
Alpha Southeast
130 (Onshore Middle Market & SMEs) – CCS, July 9, 2024 Treasury Singapore International
Asia
IRS,Forward & Options
Best FX Bank for Structured Products: Treasury Alpha Southeast
131 July 9, 2024 Treasury Singapore International
Yield Enhancements Asia
CNN Indonesia Awards 2024: Best Risk July 10,
132 CNN Indonesia Banking Palembang National
Management: BRI Regional Office Palembang 2024
The Banker Top 1000 Bank 2024: BRI Peringkat
July 10,
133 110 Secara Global dan peringkat 1 dari 26 Bank The Banker Banking London Internasional
2024
di Indonesia
The Best Bank Award 2024: BRI Sebagai Bank July 11,
134 Investor Trust ESG Jakarta National
Umum KBMI 4 : > Rp 70 Triliun dan Best ESG. 2024
World’s Most Trustworthy Companies 2024:
July 24,
135 BRI Sebagai World’s Most Trustworthy Newsweek Produk/Brand New York International
2024
Companies Ranked #17
IDX Channel Anugerah ESG 2024: BRI
July 25,
136 Sebagai Transformasi Ekosistem Keuangan IDX Channel ESG Jakarta National
2024
Berkelanjutan
Tempo
Penghargaan Main Index, High Dividend, High July 25,
137 (at the 2024 Issuer Banking Balikpapan
Growth, dan High Market Capitalization 2024
Appreciation Night)
Malam Apresiasi Emiten 2024: BRI Sebagai July 26,
138 Tempo Banking Balikpapan National
Main Index 2024
Malam Apresiasi Emiten 2024: BRI Sebagai July 26,
139 Tempo Banking Balikpapan National
High Devidend 2024
Malam Apresiasi Emiten 2024: BRI Sebagai July 26,
140 Tempo Banking Balikpapan National
High Growth 2024
178 PT Bank Rakyat Indonesia (Persero) Tbk
Page 181
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
Malam Apresiasi Emiten 2024: BRI Sebagai July 26,
141 Tempo Banking Balikpapan National
High Market Capitalization 2024
July 26,
142 Winner Best Culture - Divisi Bisnis Support CTR & PWC Culture Jakarta National
2024
Anugerah Ekonomi Hijau: Apresiasi Terhadap
July 30,
143 Program Environtment,Social and Governance Detik.com ESG Jakarta National
2024
di Indonesia
KEHATI ESG Awards 2024: Sektor Capital Yayasan
Market Kategori Best Emiten, Sektor Debt July 30, Keanekaragaman
144 ESG Jakarta National
& Project Financing Kategori Best Issuer/ 2024 Hayati Indonesia
Borrower (KEHATI)
The 9th Annual SPEx2® Award: BRI as Best of July 31,
145 Kontan Banking Jakarta National
the Best Execution Winner across All Industries 2024
The 9th Annual SPEx2® Award: BRI as The Best July 31,
146 Kontan Banking Jakarta National
Execution Winner in Banking Industry 2024
The 9th Annual SPEx2® Award: BRI as The Best July 31,
147 Kontan Banking Jakarta National
Execution Winner in BUMN Sector 2024
The 9th Annual SPEx2® Award: BRI as
July 31,
148 Outstanding Achievement in Sustainability & Kontan Banking Jakarta National
2024
Governance
Service Quality Award 2024: BRI Sebagai August 1,
149 Marketing.co.id Banking Jakarta National
Priority Banking (BRI Prioritas) 2024
Golden Property Awards: BRI Sebagai Winner August 7,
150 Rumah123 Banking Jakarta National
BRImo 2024
Sustainability Action for The Future Economy
August 7,
151 (SAFE) 2024: BRI Sebagai Overall Winner Katadata Banking Jakarta National
2024
Katadata ESG Awards di sektor Finance - Bank
Total Service Quality Satisfaction based on
August 7, Service Quality
152 Customer Perception Survey SQIndex 2024 Banking Bali National
2024 Awards 2024
dengan Predikat Diamond
5th Corporate Reputation Awards 2024 & 5th PR August 9,
153 The Iconomics Banking Jakarta National
Person Awards 2024: BRI di Bank Category 2024
5th Corporate Reputation Awards 2024 & 5th
PR Person Awards 2024: Corporate Secretary August 9,
154 The Iconomics Public Relation Jakarta National
Agustya Hendy Bernadi sebagai 50 PR Persons 2024
Awards 2024
LESTARI SUMMIT AWARD 2024: Sustainable
August 21,
155 Leader of the Year in Social Economy - Sunarso Lestari Award Leadership Jakarta National
2024
Direktur Utama BRI
Directorate General
of Treasury, Ministry
Peringkat Kedua Penilaian Kinerja Debitur August 28,
156 of Finance of Treasury Jakarta National
Kategori Pinjaman Perbankan Tahun 2023 2024
the Republic of
Indonesia
6th Indonesia TOP Digital Public Relations
August 30,
157 Award 2024: BRI Sebagai Special Achievement Info Ekonomi Public Relation Jakarta National
2024
For BUMN dengan Total Score 94,27 Poin
Anugerah Sorot News Golden Award 2024: Best
September
158 Leader Corporate Company 2024 - Sunarso Sorot News Leadership Jakarta National
1, 2024
Direktur Utama BRI
Anugerah Sorot News Golden Award 2024: Best
September
159 Corporate Secretary 2024 - Kategori Tokoh Sorot News Public Relation Jakarta National
1, 2024
Motivator/Inspirasi
Jawa Pos 7 Most Popular Brand of The Year
September
160 2024: BRI Sebagai Digital Activation Program Jawa Pos Banking Jakarta National
3, 2024
of the Year (BRImo FSTVL)
PT Bank Rakyat Indonesia (Persero) Tbk 179
Page 182
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
Jawa Pos 7 Most Popular Brand of The Year
September
161 2024: BRI Sebagai 7 Keuangan Terpopuler Jawa Pos Banking Jakarta National
3, 2024
(Perbankan Umum)
Jawa Pos 7 Most Popular Brand of The Year
September
162 2024: BRI Sebagai 7 Keuangan Terpopuler Jawa Pos Banking Jakarta National
3, 2024
(Tabungan Perbankan - Simpedes & Britama)
Jawa Pos 7 Most Popular Brand of The
Year 2024: BRI Sebagai 7 Program Sosial/ September
163 Jawa Pos Banking Jakarta National
Pengembangan Masyarakat Terpopuler (Event 3, 2024
Brilianpreneur)
Jawa Pos 7 Most Popular Brand of The Year September
164 Jawa Pos BUMN Jakarta National
2024: BRI Sebagai 7 BUMN Terpopuler 3, 2024
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
165 BRI Memperoleh Medali Platinum (The Best Center Association Contact Center Jakarta National
5, 2024
Operations) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
166 BRI Memperoleh Medali Platinum (The Best Center Association Contact Center Jakarta National
5, 2024
Business Contribution) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
167 BRI Memperoleh Medali Platinum (The Best Center Association Contact Center Jakarta National
5, 2024
Employee Engagement) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
168 BRI Memperoleh Medali Platinum (The Best Center Association Contact Center Jakarta National
5, 2024
People Development) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
169 BRI Memperoleh Medali Platinum (The Best Center Association Contact Center Jakarta National
5, 2024
Technology Innovation) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
170 BRI Memperoleh Medali Platinum (Best of The Center Association Contact Center Jakarta National
5, 2024
Best Manager) (ICCA)
Indonesia Contact
The Best Contact Center Indonesia (TBCCI): September
171 Center Association Contact Center Jakarta National
BRI Memperoleh Medali Platinum (Agent Email) 5, 2024
(ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
172 BRI Memperoleh Medali Platinum (Agent Center Association Contact Center Jakarta National
5, 2024
Inbound) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
173 BRI Memperoleh Medali Emas (The Best Center Association Contact Center Jakarta National
5, 2024
Customer Experience) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
174 BRI Memperoleh Medali Emas (The Best Digital Center Association Contact Center Jakarta National
5, 2024
Media) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
175 BRI Memperoleh Medali Platinum (Customer Center Association Contact Center Jakarta National
5, 2024
Service Onsite) (ICCA)
Indonesia Contact
The Best Contact Center Indonesia (TBCCI): September
176 Center Association Contact Center Jakarta National
BRI Memperoleh Medali Perak (Data Analytics) 5, 2024
(ICCA)
Indonesia Contact
The Best Contact Center Indonesia (TBCCI): September
177 Center Association Contact Center Jakarta National
BRI Memperoleh Medali Perak (Scheduling) 5, 2024
(ICCA)
Indonesia Contact
The Best Contact Center Indonesia (TBCCI): September
178 Center Association Contact Center Jakarta National
BRI Memperoleh Medali Perak (Supervisor) 5, 2024
(ICCA)
180 PT Bank Rakyat Indonesia (Persero) Tbk
Page 183
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
Indonesia Contact
The Best Contact Center Indonesia (TBCCI): September
179 Center Association Contact Center Jakarta National
BRI Memperoleh Medali Perak (Agent Email) 5, 2024
(ICCA)
Indonesia Contact
The Best Contact Center Indonesia (TBCCI): September
180 Center Association Contact Center Jakarta National
BRI Memperoleh Medali Perak (Telemarketing) 5, 2024
(ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
181 BRI Memperoleh Medali Perunggu (Team Center Association Contact Center Jakarta National
5, 2024
Leader Customer Service) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
182 BRI Memperoleh Medali Perunggu (Desk Center Association Contact Center Jakarta National
5, 2024
Control) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
183 BRI Memperoleh Medali Perunggu (Best of The Center Association Contact Center Jakarta National
5, 2024
Best Supervisor) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
184 BRI Memperoleh Medali Perunggu (Best of The Center Association Contact Center Jakarta National
5, 2024
Best Team Leader Inbound) (ICCA)
The Best Contact Center Indonesia (TBCCI): Indonesia Contact
September
185 BRI Memperoleh Medali Perunggu (Best Agent Center Association Contact Center Jakarta National
5, 2024
Premium) (ICCA)
Indonesia Contact
The Best Contact Center Indonesia (TBCCI): September
186 Center Association Contact Center Jakarta National
BRI Memperoleh Medali Perunggu (Back Office) 5, 2024
(ICCA)
Fortune Indonesia 100 Gala 2024: BRI Sebagai
September
187 Corporate Achievement and Impact Peringkat Fortune Banking Jakarta National
6, 2024
ke-4
Jelajah Kuliner Indonesia: BRI Sebagai UMKM
September
188 Dengan Volume Transaksi Terbesar. (Es Sinar Ministry of BUMN UMKM Jakarta Regional
8, 2024
Garut Putra Abah)
Jelajah Kuliner Indonesia: BRI Sebagai UMKM
September
189 Dengan Frekuensi Transaksi Tertinggi. (Pisang Ministry of BUMN UMKM Jakarta Regional
8, 2024
Goreng Skrikaya Ahou)
PT Bank Rakyat Indonesia (Persero) Tbk 181
Page 184
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
Jelajah Kuliner Indonesia: BRI Sebagai UMKM September
190 Ministry of BUMN UMKM Jakarta Regional
Terfavorit.(Alzora Marta Syahira) 8, 2024
MSMEs Loans Award 2024: BRI Sebagai Best September
191 Peluang News Banking Jakarta National
Bank Performance 9, 2024
Indonesia Brand Experience in Transportation
September
192 Industry Award 2024: BRIZZI Kategori Kartu FOKTI Product/Brand Jakarta National
10, 2024
Tol - Good
Indonesia Brand Experience in Transportation
September
193 Industry Award 2024: BRI Sebagai Pembiayaan FOKTI Product/Brand Jakarta National
10, 2024
Mobil (Produk Bank) - Good
Indonesia Brand Experience in Transportation
September
194 Industry Award 2024: BRI Sebagai Produk Bank FOKTI Product/Brand Jakarta National
10, 2024
(Motor) - Very Good
Marketeers Editor’s Choice Award 2024: BRI
September
195 Sebagai Digital Activation Program of the Year Marketeers Digital Jakarta National
12, 2024
(BRImo FSTVL)
Marketeers Editor’s Choice Award 2024: BRI
September
196 Sebagai Social Media Campaign of the Year Marketeers Digital Jakarta National
12, 2024
(BRImo Digital CampaignBRI Liga 1 2023)
Merdeka Awards 2024: BRI Sebagai Pemenang September
197 Merdeka.com CSR Jakarta National
Kategori Program CSR untuk Negeri (BRINita) 19, 2024
Penghargaan Merdeka Award 2024 untuk September
198 Merdeka.com CSR Jakarta National
Kategori CSR Untuk Negeri 20, 2024
Anugerah ESG Republika 2024: BRI Sebagai
September
199 Pemenang Kategori Community Empowerment Republika ESG Jakarta National
19, 2024
and Development.
The Asset Triple A Private Capital Awards 2024:
September
200 BRI Prioritas Sebagai Best Private Bank for The Asset Banking Hong Kong International
23, 2024
HNWIs
September
201 World’s Most Trustworthy Companies 2024 Statista Banking New York International
2024
Top SDGs Award 2024: BRI Sebagai TOP
September
202 SDGs Berdasarkan SDGs Innitiative, SDGs Infobrand CSR Jakarta National
25, 2024
Implementation dan CSR/TJSL Funds
Radar Malang Award 2024: BRI Sebagai The September Jawa Pos Radar
203 KUR Malang National
Leading Bank in Disbursing KUR Loan 25, 2024 Malang
182 PT Bank Rakyat Indonesia (Persero) Tbk
Page 185
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
BUMN Fordigi Tech Adoption Award: 3rd winner
September Fordigi (Forum
204 in Customer eXperience category by PalmPay Digital Jakarta National
25, 2024 Digital) BUMN
Innovation
Indonesia Human Capital Award-X-2024:
September
205 Indonesia Distinguished Human Capital Leader Economic Review Human Capital Jakarta National
26, 2024
- Agus Winardono Direktur Human Capital
Bisnis Indonesia TOP BUMN Award 2024: BRI October 2,
206 Bisnis Indonesia Banking Jakarta National
Sebagai The Best State Owned Enterprise In 2024 2024
Bisnis Indonesia TOP BUMN Award 2024: BRI
October 2,
207 Sebagai Top Korporasi Category Of Public Bisnis Indonesia Banking Jakarta National
2024
Companies - Financial Sectors
Bisnis Indonesia TOP BUMN Award 2024: The
October 2,
208 Best CEO Excellent In Business Intelligence Bisnis Indonesia CEO Jakarta National
2024
Solution - Sunarso Direktur Utama BRI
Bisnis Indonesia TOP CFO BUMN Awards
2024: The Best CFO Excellent in Finance October 2,
209 Bisnis Indonesia CFO Jakarta National
Transformation - Viviana Dyah Ayu Retno 2024
Kumalasari Direktur Keuangan BRI
Asian Post Award The Best State Owned
October 3,
210 Enterprise 2024: BRI Sebagai The Top Dividend Infobank Banking Jakarta National
2024
Contributor 2024 State Owned Enterprise
Asian Post Award The Best State Owned
Enterprise 2024: BRI Sebagai Platinum
October 3,
211 Champion State Owned Enterprise (The Best Infobank Banking Jakarta National
2024
Financial Performance in 14 Consecutive Years
2010 - 2023)
The 6th Anugerah Humas Indonesia (AHI) October 10,
212 Humas Indonesia PPID Yogyakarta National
Awards 2024: BRI Sebagai PPID Terbaik 2024
The 6th Anugerah Humas Indonesia (AHI)
October 10,
213 Awards 2024: BRI Sebagai Kanal Digital, Media Humas Indonesia Digital Yogyakarta National
2024
Sosial Instagram
The 6th Anugerah Humas Indonesia (AHI)
October 10,
214 Awards 2024: BRI Sebagai Kanal Digital, Media Humas Indonesia Digital Yogyakarta National
2024
Sosial Tiktok
Apresiasi Mitra BUMN Champion 2024: Direktur
October 10,
215 Utama BRI Sunarso Meraih Penghargaan Ministry of BUMN Banking Jakarta National
2024
Kategori National Champion BUMN
Indonesia PR of The Year 2024: BRI Sebagai
October 16,
216 Peraih Penghargaan Kategori Financial SWA Public Relation Jakarta National
2024
Services Program Fellowship Journalism 2024
Detikcom Award 2024: Sunarso sebagai CEO of October 17,
217 Detik.com CEO Jakarta National
The Year 2024
Detikcom Award 2024: BRImo sebagai
October 17,
218 Pemasaran Mobile Banking Paling Inovatif Pada Detik.com Digital Jakarta National
2024
Segmen Premium.
6th The Iconomics Indonesia Best Financial
October 18,
219 Awards 2024: BRI Sebagai Best Social The Iconomics Banking Jakarta National
2024
Contribution Reputation Bank KBMI 4 Category
The Finance: BRI sebagai TOP 20 Financial October 22,
220 Infobank Banking Jakarta National
Institution & The Finance Awards 2024 2024
The 2024 Future Enterprise Awards: Best in October 22, International Data
221 Digital Jakarta International
Future of Operations 2024 Corporation (IDC)
SWA 100 Indonesia’s Best Wealth Creators
October 24,
222 2024: BRI Meraih Penghargaan Kategori SWA Product/Brand Jakarta National
2024
Kelompok Kapitalisasi Pasar Besar.
PT Bank Rakyat Indonesia (Persero) Tbk 183
Page 186
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
Global Retail Banking Innovation Awards 2024: October 24,
223 The Digital Banker Digital Singapura International
BRI Sebagai Best API Initiative 2024
October 24,
224 BRIAPI - Best API Initiative The Digital Banker Banking Singapore International
2024
Investor Trust CSR Award 2024: BRI Sebagai October 24,
225 Investor Trust CSR Jakarta National
Peraih Penghargaan Kategori SROI Excellent 2024
Investor Trust CSR Award 2024: BRI Sebagai
October 24,
226 Peraih Penghargaan Kategori Investment Investor Trust CSR Jakarta National
2024
Measurement Leaders Award 2024
WEPs Award 2024: BRI Sebagai Runner Up
October 29,
227 untuk Kategori Community Engagement and UN Women CSR Jakarta National
2024
Partnership
CSA Awards 2024: BRI Sebagai Analyst’s October 31, AAEI & CSA
228 Banking Jakarta National
Favorite in the Financials Sector 2024 Comunity
iCIO Awards 2024: Chief Information Officer
November
229 (CIO) di Indonesia - Arga M. Nugraha Direktur iCIO Community CIO Jakarta National
6, 2024
Digital & TI BRI
Best Employers Asia Pacific 2025: BRI Sebagai
November Financial Times &
230 Best Employers Asia Pacific 2025 Peringkat Employee United States International
14, 2024 Statista
#339
Indonesia Most Reputable Companies Award
November Brand
231 2024: BRI Sebagai Penerima Indonesia Most SWA Jakarta National
19, 2024 Company
Reputable Companies Award 2024 - Very Good
CNBC Indonesia Communication Strategists
Awards: Kontribusi Corporate Communication November Corporate
232 CNBC Indonesia Jakarta National
- Agustya Hendy Bernadi Division Head 20, 2024 Secretary
Corporate Secretary BRI
The 2024 Euro Clearing Elite Quality
Recognition Award for Outstanding November
233 JP Morgan Banking Jakarta National
Achievement of Best-in Class MT202 STP Rate 20, 2024
100.00%
The 2024 U.S. Dollar Clearing Elite Quality
November
234 Recognition Award for Outstanding Achievement JP Morgan Banking Jakarta National
20, 2024
of Best-in Class MT103 STP Rate 99.77%
The 2024 U.S. Dollar Clearing Elite Quality
Recognition Award for Outstanding November
235 JP Morgan Banking Jakarta National
Achievement of Best-in Class MT202 STP Rate 20, 2024
99.99%
The 15th IICD Corporate Governance
Conference and Award: BRI Sebagai TOP 50 November
236 IICD Banking Jakarta National
Emiten dengan Kapitalisasi Pasar Terbesar 25, 2024
(BigCap PLCs)
November
237 Best Overall dalam penerapan GCG IICD GCG Jakarta National
25, 2024
Kategori Sangat Tepercaya dalam November
238 IICD GCG Jakarta National
Pemeringkatan CGPI 2023 25, 2024
Investor Daily ESG Appreciation Nigh 2024: BRI November Investor Daily -
239 ESG Jakarta National
Sebagai Appreciated Social ESG Report 25, 2024 B-Universe
Investor Daily ESG Appreciation Nigh 2024: BRI November Investor Daily -
240 ESG Jakarta National
Sebagai Appreciated Governance ESG Report 25, 2024 B-Universe
Investor Daily ESG Appreciation Nigh 2024: BRI November Investor Daily -
241 ESG Jakarta National
Sebagai Most Appreciated ESG Report 25, 2024 B-Universe
Investortrust ESG Awards 2024: Gold Star November
242 Investortrust ESG Jakarta National
Award (Big Cap) 26, 2024
184 PT Bank Rakyat Indonesia (Persero) Tbk
Page 187
2024 Annual Report
Place of
No. Award Date Organizer Category Level
Implementation
Investortrust ESG Awards 2024: Emiten Green November
243 Investortrust ESG Jakarta National
Bonds 26, 2024
CC APAC - Kategori Technology Innovation - November
244 CC APAC Contact Center Singapore International
Bronze 28, 2024
Infobank TOP 100 CEO & The 200 Leader
November
245 Future Forum 2024: Top 100 CEO - Sunarso Infobank Banking Jakarta National
29, 2024
Direktur Utama BRI
Infobank TOP 100 CEO & The 200 Leader
November
246 Future Forum 2024: Bankers of The Year - Infobank CEO Jakarta National
29, 2024
Catur Budi Harto Wakil Direktur Utama BRI
Infobank TOP 100 CEO & The 200 Leader
November
247 Future Forum 2024: The Future Leaders 2024 - Infobank Banking Jakarta National
29, 2024
Viviana Dyah Ayu Direktur Keuangan BRI
Infobank TOP 100 CEO & The 200 Leader
Future Forum 2024: The Future Leaders November
248 Infobank CEO Jakarta National
2024 - Arga M. Nugraha Direktur Digital dan 29, 2024
Teknologi Informasi
Infobank TOP 100 CEO & The 200 Leader
November
249 Future Forum 2024: The Future Leaders 2024 Infobank CEO Jakarta National
29, 2024
-Harsya Wardhana Prasetyo
Infobank TOP 100 CEO & The 200 Leader
November
250 Future Forum 2024: The Future Leaders 2024 - Infobank CEO Jakarta National
29, 2024
I Nyoman Sugiri Yasa
Infobank TOP 100 CEO & The 200 Leader
November
251 Future Forum 2024: The Future Leaders 2024 - Infobank CEO Jakarta National
29, 2024
Achmad Royadi
BI Awards 2024: BRI Sebagai Peraih November
252 Bank Indonesia Banking Jakarta National
Penghargaan Primary Dealers Terbaik 29, 2024
BI Awards 2024: BRI Sebagai Peraih
November
253 Penghargaan Bank Konvensional Pendukung Bank Indonesia Banking Jakarta National
29, 2024
Inovasi Operasi Moneter Rupiah Terbaik
NTV CEO Awards 2024: BRI Sebagai Best December
254 Nusantara TV (NTV) Banking Jakarta National
Financial Performance 4, 2024
PT Bank Rakyat Indonesia (Persero) Tbk 185
Page 188
Company
Profile
Place of
No. Award Date Organizer Category Level
Implementation
Investing on Climate by Editor’s Choice
December Investing On
255 Awards 2024: BRI Sebagai Peraih Penghargaan ESG Jakarta National
4, 2024 Climate
Kategori Best Literacy for Climate Resilience
Investing on Climate by Editor’s Choice
December Investing On
256 Awards 2024: BRI Sebagai Peraih Penghargaan CSR Jakarta National
4, 2024 Climate
Kategori Sustainable CSR
Investing on Climate by Editor’s Choice Awards
December Investing On
257 2024: Tokoh Inspiratif - Sunarso DIrektur CEO Jakarta National
4, 2024 Climate
Utama BRI
Indonesia Customer Experience (ICX) Awarding
December
258 2024: BRI Sebagai Peraih Penghargaan SWA Banking Jakarta National
5, 2024
Kategori Kartu Kredit - Excellent
Digital Financial Excellence Award 2024 Media
December
259 Asuransi: BRI Sebagai Peraih Kategori Banking Media Asuransi Banking Jakarta National
5, 2024
BUMN Peringkat 3
BUMN Awards 2024: BRI Sebagai Outstanding December
260 iNews Digital Jakarta National
Innovation in Financial Digital Solution 5, 2024
Anugerah Reksa Bandha : Juara 1 Kategori December DJKN -
261 Banking Jakarta National
Lelang Eksekusi Perbankan tahun 2024. 5, 2024 Ministry of Finance
GeoInnovation Indonesia 2024: BRI sebagai
December
262 penerima GeoInnovation Awards atas penerapan Esri Indonesia Digital Jakarta National
5, 2024
Inovatif Sistem Informasi Geografis (SIG)
IDX Channel Anugerah Inovasi Indonesia
December
263 2024: BRI Sebagai Peraih Penghargaan Inovasi IDX Channel Digital Jakarta National
10, 2024
“Sabrina Untuk Layanan Virtual dan Anti Fraud”
December information
264 Arkaya Wiwarta Prajanugraha PPID Jakarta National
17, 2024 openness
Badan Publik dengan Kualifikasi Informatif
dalam Pelaksanaan Monitoring dan Evaluasi December information
265 PPID Jakarta National
Keterbukaan Informasi Publik Tahun 2024 17, 2024 openness
Kategori BUMN
BUMN Awards 2024: BRI Sebagai Excellence in December
266 Investortrust.id Banking Jakarta National
Government Devidend Award 19, 2024
Kumparan Awards: Impact Makers - Sunarso December
267 Kumparan CEO Jakarta National
Direktur Utama BRI 19, 2024
186 PT Bank Rakyat Indonesia (Persero) Tbk
Page 189
2024 Annual Report
Certification
BRI Certification Table
Receipt
No Certification Name Certification Issuer Certification Period Division
Date
KAN (Regional) & ANAB
Sertifikasi ISO 9001:2015 Sistem January 5, 2023 - January 5,
1 (International) with Certificate Compliance Division
Manajemen Mutu January 4, 2026 2023
Number FS 782968
Sertifikasi ISO 37301:2021 Sistem British Standard Institution with January 16, 2023 - January 16,
2 Compliance Division
Manajemen Kepatuhan Certificate Number MSFC 782970 January 15, 2026 2023
Ministry of Manpower and
Sertifikasi Sistem Manajemen June 9, 2023 -
3 Transmigration of the Republic of June 9, 2023 Operational Risk Division
Kesehatan dan Keselamatan Kerja June 8, 2026
Indonesia
KAN and British Standard
Sertifikasi ISO 9001:2015 Sistem December 11, 2024 - December 16,
4 Institution with Certificate Digital Risk Division
Manajemen Mutu December 10, 2027 2024
Number FS 817856
Enterprise Data
Sertifikasi ISO 9001:2015 Sistem British Standard Institution with November 30, 2021 - November 30,
5 Management & Analytics
Manajemen Mutu Certificate Number FS 755835 November 29, 2024 2024
Division
Enterprise Data
Sertifikasi ISO 27001:2013 Sistem British Standard Institution with December 14, 2021 - December 14,
6 Management & Analytics
Manajemen Keamanan Informasi Certificate Number IS 702633 December 13, 2024 2024
Division
Sertifikasi ISO 9001:2015 Sistem LRQA with Certificate Number November 8, 2024 - November 8, Investment Services
7
Manajemen Mutu 10648148 November 7, 2024 2024 Divison
Fixed Assets
Sertifikasi ISO 9001:2015 Sistem LRQA with Certificate Number June 10, 2022 -
8 June 10, 2022 Management &
Manajemen Mutu 10450261 June 9, 2025
Procurement Policy
Fixed Assets
Sertifikasi ISO 30301:2019 Sistem LRQA with Certificate Number August 27, 2024 - August 27,
9 Management &
Manajemen Kearsipan 10630125 August 26, 2025 2024
Procurement Policy
European Foundation for
Corporate Learning Improvement December 18, 2023 - December 18,
10 Management Development BRI Corporate University
Process (CLIP) December 18, 2027 2023
(EFMD) Global
Sertifikasi ISO 9001:2015 Sistem British Standard Institution with December 21, 2020 - December 21, Application & Quality
11
Manajemen Mutu Certificate Number FS 738059 December 20, 2026 2020 Management
Sertifikasi ISO 27001:2013 Sistem British Standard Institution with November 18, 2021 - November 21, Application & Quality
12
Manajemen Keamanan Informasi Certificate Number IS 754612 November 17, 2027 2024 Management
Sertifikasi ISO 29119:2022
CBQA Global with Certificate October 8, 2022 - October 8, Application & Quality
13 Standar Pengujian Perangkat
Number ST2001274 October 7, 2025 2022 Management
Lunak
Sertifikasi ISO 9001:2015 Sistem October 23, 2019 - October 23, Marketing
14 PT Lloyd’s Register Indonesia
Manajemen Mutu October 22, 2025 2019 Communication Division
Sertifikasi ISO 27001:2013
December 14, 2022 - December 14, IT Infrastructure &
15 Resertifikasi 4 Fungsi (SCO, GCS, PT SGS Indonesia
August 28, 2025 2022 Operation Division
PAC, RGU)
Digital Banking
Sertifikasi ISO 27001:2013 Sistem April, 2022 -
16 The British Standard Institution April, 2022 Development &
Manajemen Keamanan Informasi April, 2025
Operation
Sertifikasi ISO 27001:2022 Sistem February, 2024 - February, Information Security
17 The British Standard Institution
Manajemen Keamanan Informasi February, 2027 2024 Division
Sertifikasi ISO 27001:2022 Sistem October, 2024 - Information Security
18 The British Standard Institution October, 2024
Manajemen Keamanan Informasi October, 2027 Division
Enterprise Data
Sertifikasi ISO 27001:2022 Sistem November, 2024 - November,
19 The British Standard Institution Management & Analytics
Manajemen Keamanan Informasi November, 2027 2024
Division
PT Bank Rakyat Indonesia (Persero) Tbk 187
Page 190
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 Information for Corporate Corporate Social
on Issuers or Public Investors or Governance Responsibility
Companies Investors Information Information
BRI’s website also meets ASEAN Corporate Governance
Scorecard (ACGS) standards which include:
Part B.
Part A.
Equitable
Rights of
Treatment of
Shareholders
Shareholders
Part C. Part D. Part E.
Role of Disclosure & Responsibilities
Stakeholder Transparancy of the Board
Overall,
the BRI Website reflects BRI’s
commitment to upholding the principles
of openness and transparency.
188 PT Bank Rakyat Indonesia (Persero) Tbk
Page 191
2024 Annual Report
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: Shareholders, Articles of Association, GCG Structure
Savings, Deposits, and BRI Giro. and Policies, Code of Ethics, ASEAN Corporate
Governance Scorecard, Audit Committee including
Information about loan products, including: Micro
the Audit Committee Charter, Nomination and
Loans, Retail Commercial and Medium Loans, and
Remuneration Committee, Whistleblowing System,
BRIGuna.
and Shareholder Rights.
Information about international products, including:
The Careers section offers job opportunities for those
BRI Trade Finance & Services, BRIFast Remittance,
interested in joining as employees through BRI’s
Financial Institutions, BRI Money Changer, Overseas
e-recruitment menu.
Offices.
The Investor Relations section provides an overview,
Information about banking services, including:
Financial Information, GCG, Services for Shareholders,
Business Services, Financial Services, Institutional
Events, and News.
Services, E-Banking, and Treasury.
The subsidiary section provides general information
Information about consumer products, including:
about subsidiaries and links to their respective
Credit Cards, Home Ownership Loans, and Motor
websites.
Vehicle Loans.
In addition to the above, the BRI website also
Information about banking investments, including:
includes Group Company Structure, Profiles of the
DPLK, ORI & SR, Trustee Services, Custodian Services.
Board of Commissioners and Board of Directors, and
Information about Priority Services, including: Service Information for Shareholders.
Products & Privileges, Mutual Funds, BRIPrioritas
Cards, Outlets, Customer Criteria.
PT Bank Rakyat Indonesia (Persero) Tbk 189
Page 192
Management
Discussion
and Analysis on
Bank Performance
190
8 PT
PTBank
BankRakyat
RakyatIndonesia
Indonesia(Persero)
(Persero)Tbk.
Tbk
Page 193
“Amid the challenges of global economic pressures impacting domestic economic growth, as well as liquidity challenges for the banking industry, BRI has demonstrated resilience in its performance by recording a consolidated net profit of IDR60.64 trillion in 2024 while ensuring adequate credit risk provisioning, as reflected in an NPL Coverage ratio above 200%” PT Bank Rakyat Indonesia (Persero) Tbk. 191
Page 194
Management Discussion and Analysis
on Bank Performance
Economic
Review
Global Economic Analysis
The global economy recorded positive growth in 2024, despite 3.2% in 2024. The global economic slowdown in 2024 was due to
facing various external challenges. BRI estimated that the global declining consumer confidence and a weakening manufacturing
economy would grow by 3.29% in 2024, slightly lower than the sector due to falling global demand and export orders. In addition,
previous year (3.33%) (Figure 1). The International Monetary high global geopolitical uncertainty also puts pressure on global
Fund (IMF) in its January 2025 World Economic Outlook Report trade and investment activities.
also projects a global economic slowdown, from 3.3% in 2023 to
Figure 1. Estimated Global Economic Growth in 2024 (%)
2.91 6.57 3.55 3.33 3.29
(2.69)
2019 2020 2021 2022 2023 2024E
Source: BRI Economist Team; World Economic Outlook, International Monetary Fund (IMF), January 2025
192 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
According to the IMF, the global economic slowdown mainly Despite a slowdown in 2024, global economic growth
occurred in the group of developing countries (Emerging Markets remained solid, supported by a disinflationary trend and more
and Developing Economies), whose growth was expected to accommodative monetary policy. The average global inflation
decline from 4.4% in 2023 to 4.2% in 2024. China and India, as rate was around 5.05% in 2024, lower than 6.92% in 2023 and
the main drivers of the global economy, experienced a significant 8.75% in 2022 (Figure 2). This decline in inflation was driven
slowdown, with economic growth from 5.2% to 5.0% and 8.2% to by falling commodity prices, improving global supply chains,
6.5% respectively. Meanwhile, the economic growth of developed and the impact of tight monetary policies that maintained high
countries (Advanced Economies) was estimated to grow positively benchmark interest rates in various countries since 2022.
by 1.7%, relatively the same as the previous year. The continued
solidity of the developed countries’ economies was supported by
the economic growth of the European Union which increase by
0.4% in 2023 to 0.8% in 2024. On the other hand, the economic
growth of the United States (US) experienced a slight slowdown
to 2.8% in 2024 from 2.9% in the previous year.
Figure 2. Movement of Global Actual Inflation Rate (%)
12.0
10.34
10.0
8.0 8.75
6.92
6.0
5.05
4.0 3.84
3.07 4.45
2.97
2.0
0.0
Jan-19
Mar-19
May-19
Jul-19
Sep-19
Nov-19
Jan-20
Mar-20
May-20
Jul-20
Sep-20
Nov-20
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
May-22
Jul-22
Sep-22
Nov-22
Jan-23
Mar-23
May-23
Jul-23
Sep-23
Nov-23
Jan-24
Mar-24
May-24
Jul-24
Sep-24
Nov-24
Inflasi Global (%yoy) Avg. 2019 Avg. 2020 Avg. 2021 Avg. 2022 Avg. 2023 Avg. 2024
Source: Bloomberg
In line with the global disinflation trend, central banks in various The year 2024 was marked by various turmoil in the global
countries began to adopt more accommodative and relatively financial market and Emerging Markets. The re-election of Donald
loose monetary policies in 2024 to maintain economic stability, Trump as US President in November 2024 caused pressure on
including in the US. The US Central Bank, The Federal Reserve the European financial market and Emerging Markets, including
(The Fed), was recorded to have lowered its benchmark interest Indonesia. Trump’s plan to impose tariffs on China and other
rate by 100 basis points/bps in 2024 compared to the previous US trading partner countries was feared to trigger a global
year, from a range of 5.25%-5.50% to 4.25%-4.50%. The decline tariff war that could hamper global trade activities, increase
in the central bank’s benchmark interest rate also occurred in global inflation, and slow global economic growth and Emerging
the Euro Area (2024 by 3.15%; 2023 by 4.50%), the UK (2024 Markets. Meanwhile, increasing geopolitical risks in the Middle
by 4.75%; 2023 by 5.25%), Thailand (2024 by 2.25%; 2023 by East and the Russia-Ukraine conflict also put pressure on the
2.50%), and the Philipines (2024 by 5.75%; 2023 by 6.50%). financial markets and currencies of Emerging Markets countries,
including Indonesia.
PT Bank Rakyat Indonesia (Persero) Tbk 193
Page 196
Management Discussion and Analysis
on Bank Performance
Domectic Economic Analysis
In line with the weakening global economy, Indonesia’s economic showed a slowing trend throughout 2024, with growth in Q1-
growth also slowed slightly from 5.05% in 2023 to 5.03% in 2024 2024 of 5.11% yoy, Q2-2024 of 5.05% yoy, Q3-2024 of 4.95%
on a full-year basis (Figure 3). Quarterly, economic growth also yoy, and Q4-2024 of 5.02% yoy.
Figure 3. Indonesia Economic Growth Trend (%)
5.02 3.70 5.31 5.05 5.03
(2.07)
2019 2020 2021 2022 2023 2024E
Source: Official Statistics News, Central Statistics Agency (BPS), February 2025
Despite a slight slowdown, Indonesia’s economic growth remained Furthermore, low inflation provided room for Bank Indonesia
solid and was still in the range of 5%, with domestic demand (BI) to lower the BI-Rate benchmark interest rate to support
growth was still robust. Based on expenditure components, economic growth. However, BI’s decision to set interest rates
household consumption growth in 2024 was recorded at 4.94%, also took into account the stability of the Rupiah exchange rate,
higher than the previous year of 4.82%. Household consumption which depreciated from an average of IDR15,255 per USD in 2023
remained the main contributor to economic growth, supported to IDR15,847 per USD in 2024. In April 2024, BI raised interest
by controlled inflation and looser monetary policy. However, rates by 25 bps from 6.00% to 6.25% to ease pressure on the
people’s purchasing power, especially in the lower middle Rupiah. However, as pressure in the financial market eased, BI
segment, faced challenges and had not recovered since the again lowered interest rates by 25 bps to 6.00% in September
economic recession due to the Covid-19 pandemic. 2024 and maintained them until the end of the year to maintain
a balance between economic growth and exchange rate stability.
Inflation conditions also reflected this dynamic. Headline
inflation declined significantly from 2.81% in 2023 to 1.57%
in 2024. Meanwhile, core inflation fell from 2.61% to 2.26% in
the same period. Although declining inflation was generally
beneficial for economic stability, declining core inflation Was an
indication of weakening purchasing power, especially in the lower
middle class.
194 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Table 1. Realization of Domestic Economic Indicators
Quarter Quarter Quarter Quarter
Indicator 2023 2022
IV-2024 III-2024 II-2024 I-2024
Economic Growth (yoy) 5.02% 4.95% 5.05% 5.11% 5.05% 5.31%
BI-Rate 6.00% 6.00% 6.25% 6.00% 6.00% 5.50%
Inflation (yoy) 1.57% 1.84% 2.51% 3.05% 2.81% 5.51%
Exchange Rate (IDR/USD) 15.780 15.820 16.174 15.656 15.255 14.871
National Loan Growth (yoy) 10.39% 10.85% 12.36% 12.40% 10.38% 11.35%
National TPF Growth (yoy) 4.48% 7.04% 8.45% 7.44% 3.73% 9.01%
Gross Non-Performing Loan 2.08% 2.21% 2.26% 2.25% 2.19% 2.44%
Federal Funds Rate 4.50% 5.00% 5.50% 5.50% 5.50% 4.50%
Source: Bank Indonesia, CEIC, Bloomberg, 2022-2024
Banking Industry Analysis
Amid high U.S. interest rates and the belief that this condition in general bank loans, which grew by 10.79% yoy, reaching
will persist longer than previously expected, Indonesia’s banking IDR7,717 trillion. This indicates that credit demand in Indonesia
industry remains stable and resilient, supported by a Capital remains strong despite economic and political uncertainties.
Adequacy Ratio (CAR) of 26.87% as of November 2024, an The amount of restructured loans due to Covid-19 continues to
increase of 0.09% compared to the previous quarter (September decline in line with the national economic recovery, while credit
2024) and a decrease of approximately 0.99% compared to quality remains stable, with the Non-Performing Loan (NPL) ratio
November 2023. This reflects that BRI’s conservative prudential at 2.19% in November 2024, improving from 2.36% in November
policies have been highly effective in navigating the global 2023. The current credit quality also remains below the maximum
environment, which continues to be characterized by VUCA— 5% limit set by regulators. Additionally, Third-Party Funds (DPK)
Volatility, Uncertainty, Complexity, and Ambiguity. Additionally, recorded positive growth of 7.54% yoy, reaching IDR8,835 trillion
liquidity tightening in the banking industry is evident from
the increase in the Loan to Deposit Ratio (LDR), which stood In terms of profitability, the national banking industry recorded
at 87.34% in November 2024, rising by 2.56% compared to an increase in the Return on Assets (ROA) ratio. As of November
November 2023 2024, the banking industry’s ROA stood at 2.69%, lower than in
November 2023 but better than in December 2022, which was
In November 2024, the total assets of the national banking only 2.43%. Meanwhile, net profit in November 2024 reached
industry reached IDR12,334 trillion, an increase of 7.93% IDR237,148 billion, an increase of 7.00% compared to the same
compared to the previous year (yoy). A similar trend was observed month in 2023
Table of Banking Industry Performance
November November
Indicator 2023 2022 2021 2020 2019
2024 2023
Assets (IDR billion) 12,334,712 11,765,838 11,427,957 11,113,321 10,112,304 9,177,89 8,562,974
Third Party Funds (IDR billion) 8,835,901 8,457,929 8,216,207 8,153,590 7,479,463 6,665,390 5,998,648
Loan (IDR billion) 7,717,257 7,090,243 6,965,899 6,423,564 5,768,585 5,481,560 5,616,992
Net Profit (IDR billion) 237,148 243,326 221,626 201,187 140,206 104,718 156,487
Capital Adequacy Ratio/CAR (%) 26.87 27.65 27.86 25.66 25.67 23.89 23.40
PT Bank Rakyat Indonesia (Persero) Tbk 195
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Management Discussion and Analysis
on Bank Performance
November November
Indicator 2023 2022 2021 2020 2019
2024 2023
Non Performing Loan/NPL Gross (%) 2.19 2.19 2.36 2.44 3.00 3.06 2.53
Net Interest Margin (NIM) (%) 4.59 4.81 4.83 4.71 4.51 4.45 4.91
Return on Assets/ROA (%) 2.69 2.74 2.72 2.43 1.84 1.59 2.47
Operating Expenses and Income/
79.87 78.92 76.80 78.65 83.58 86.58 79.39
BOPO (%)
Loan to Deposits Ratio/LDR (%) 87.34 83.83 84.78 78.78 77.13 82.54 94.43
Source: Indonesian Banking Statistics, Financial Services Authority, November 2024
Analysis of BRI’S Position In The Banking Industry
To evaluate BRI’s performance towards the banking sector, below is an analysis of BRI’s growth performance compared to the average
banking industry.
Table of BRI’s Growth Performance to Banking Industry
(Bank Only, in % CAGR November 2020 - November 2024)
Banking Industry BRI
Performance
(November 2024) (November 2024)
Assets 9.23% 8.25%
Loans 9.10% 8.66%
Third-Party Funds 7.42% 7.48%
Interest Income 9.89% 10.39%
Interest Expenses 10.16% 9.75%
Net Interest Income 9.60% 10.70%
Total Operating Income 17.30% 18.11%
Operating Expenses (Excluding Interest) 11.34% 6.22%
Operating Profit 23.02% 27.78%
Net Profit 24.43% 32.21%
Source: BRI Financial Statements as of November 2024; Indonesian Banking Statistics, Financial Services Authority, November 2024
196 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
In November 2024, BRI’s total outstanding loans was recorded at BRI’s financial ratios as of November 2024 generally indicate
IDR1,219 trillion. BRI’s loan growth during this period recorded better performance compared to the banking industry. In its
an increase of 8.66% (CAGR 2020-2024), which was lower than operations, BRI continues to improve efficiency and maintain
the industry’s loan growth of 9.10% (CAGR 2020-2024) due to productivity. The implemented efficiency is reflected in BRI’s
BRI prioritizing higher-quality loan disbursement. Although BOPO ratio, which stood at 68.34% in November 2024, lower
BRI’s NPL in November 2024 stood at 3.12%, higher than the than the banking industry’s BOPO ratio of 79.97%.
industry’s NPL of 2.19%, it remained within the maximum NPL
limit set by regulators. BRI conducts credit risk assessments The positive performance achievements also supported BRI’s
based on debtor conditions and downgrades loan quality for loans profit, which reached IDR50 trillion in November 2024, growing
that cannot be restructured, even if they still meet restructuring by 32.21% (CAGR 2020-2024), surpassing the industry’s growth
regulatory requirements, while recognizing restructured loans in of 24.43% (CAGR 2020-2024). BRI’s higher net profit growth
the performing category compared to the industry was driven by an increase in interest
income, efficient interest expense management, and stronger
In November 2024, BRI’s Third-Party Funds (DPK) reached growth in non-interest operating income compared to the
IDR1,387 trillion, growing by 7.48% (CAGR 2020-2024), surpassing industry. As a result, BRI’s ROA and NIM grew better than the
the banking industry’s DPK growth of 7.42% (CAGR 2020-2024). industry, reaching 2.97% and 6.41%, respectively
BRI remains selective in DPK growth, focusing on CASA growth in
line with its strategy to strengthen retail banking capabilities and
reduce the Cost of Funds. BRI’s liquidity remains well-maintained,
with its Loan to Deposit Ratio (LDR) at 87.92% in November 2024,
slightly higher than the industry’s LDR of 87.34%.
Table of BRI Ratio Comparison to Banking Industry
(Bank Only, in %)
Banking Industry BRI
Performance Ratio
(November 2024) (November 2024)
Capital Adequacy Ratio (CAR) 26.93% 25.39%
Non Performing Loan (NPL) Gross 2.19% 3.12%
Net Interest Margin (NIM) 4.69% 6.41%
Return on Assets (ROA) 2.73% 2.97%
Operating Expenses and Income (BOPO) 79.97% 68.34%
Loan to Deposits Ratio (LDR) 87.54% 87.92%
Source: BRI Financial Statements as of November 2024; Indonesian Banking Statistics, Financial Services Authority, November 2024
PT Bank Rakyat Indonesia (Persero) Tbk 197
Page 200
Management Discussion and Analysis
on Bank Performance
Operational
Review
Bank’s Stategic Plan
In 2024, the Indonesian macroeconomic scene and banking stimulus initiatives, and activities surrounding the 2024 General
sector expansion dealt with various challenges. This was marked Election, which boosted economic engagement in sectors, such
by several factors, such as elevated inflation rates, particularly in as printing, trade, and food and beverage services. Furthermore,
food prices, pressure on the lower-middle-class growth, and the supportive accommodative monetary policies and political
diminishing ability of Indonesian to save due to sluggish income stability were crucial for maintaining investor confidence and
growth. Additionally, the Central Bank continued its efforts to fostering economic growth.
stabilize the currency by raising benchmark rates and issuing more
Bank Indonesia Rupiah Securities (SRBI). Geopolitical tensions Considering the foregoing various economic conditions, BRI
stemming from the Russia-Ukraine conflict and the Israel- continues to aim to implement several policies to support the
Palestine situation further complicated attainment of a sustainable business. The internal capabilities
the economic environment. However, of the BRI Group are consistently enhanced through ongoing
there were some promoting factors transformations, focusing on business growth strategies,
to the national economic growth in particularly in the Micro, SME, Consumer, and Subsidiary
2024. These included heightened segments, and prioritizing Good Corporate Governance and risk
government investment in management. Moreover, innovation and the exploration of new
infrastructure projects, growth avenues are continually pursued to tackle the challenges
community-focus ed and maximize both current and future business prospects. In
economic these regards, BRI’s strategy directs to realize the company’s
long-term goals by:
1. Strengthening business fundamentals and enablers;
2. Scoping up the business through the development of beyond
banking;
3. Scaling up new business growth engines; and
4. Enhancing synergies among intra-Group entities as enabler
of sustainable corporate growth.
In detail, the Bank’s Strategic Plan encompasses a comprehensive
long-term strategy (corporate plan) and medium and short-term
strategies (business plan), explained as follows.
Long Term Strategy
In 2024, BRI implemented its long-term strategy/Corporate
Plan 2021-2025 (BRIvolution 2.0) with the company’s vision to
become „The Most Valuable Banking Group in Southeast Asia
and Champions of Financial Inclusion“. To achieve this corporate
vision (aspiration), six strategic priorities have been established:
1. Creating a new growth engine
2. Accelerating CASA growth
3. Optimizing cross-selling
4. Building an adaptive culture and capabilities
5. Enhancing customer experience
6. Controlling costs (credit cost)
198 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
In an effort to realize a sustainable long-term strategy, in 2024, 5. Reinforced Risk Management
the Company developed BRIvolution 3.0 as BRI’s Corporate Implementing next-generation risk management covering
Plan/Long-Term Plan (LTP) for the 2025-2029 period. Through credit risk, operational risk, and digital risk, supported by a
BRIvolution 3.0, the Company is committed to continuing its strengthened risk culture
transformation with the aspiration to become “The Most Trusted 6. Re-imagine Data and Analytics
Financial Partner for Sustainable Growth”. This commitment Developing data analytics capabilities and organization by
will be realized through strategic initiatives focused on creating leveraging cutting-edge technologies, such as advanced
optimal value for all stakeholders. analytics and AI, to drive innovation and business
optimization, including hyper-personalization of products
To achieve this aspiration, the Company has established three and services.
stages of strategy implementation:
• 2025-2026: Winning in CASA and Strengthening Loan Medium Term Strategy
Quality for Sustainable Growth
Strengthening fundamentals through strengthening low- BRI’s medium-term plan is a crucial component of the ongoing
cost funds (CASA) and improving credit quality for sustainable journey of the transformation of BRIvolution 2.0, heading to The
growth. Most Valuable Banking Group in Southeast Asia and Champion
• 2027-2028: Leveraging the Business Ecosystem: of Financial Inclusion in 2025. To establish such aspiration,
Empowering Multi-Segment Synergy the BRI 2024-2026 medium-term attempts to boost sound and
Optimizing ecosystem-based business models to strengthen sustainable corporate business growth by various medium-terms
synergies between segments. strategies focusing on the following issues, as follows:
• 2029 and so forth: Trusted Lifetime Financial Partner
Across Segments 1. Financial
Becoming a trusted financial partner for all customer Improving BRI’s profitability by business fortifying in each
segments. segment, focusing on:
a. Micro (Increasing assets quality and selective growth)
This strategy will focus on six key aspects: The focus of this strategy is improving loan quality and
1. Rapid CASA Growth selective growth in accordance with areas risks and
Driving sustainable CASA growth to become the preferred potentials as well as fortifying business positioning with
transactional bank in Indonesia by enhancing the features the centric-ecosystem concept.
and functions of BRImo and QLola, providing customers with b. SME (Improving SME Positioning and Commercial
a reliable banking transaction experience. Business)
2. Re-invent Micro to Sustain Market Leadership Its strategy focus in optimization business pipeline and
Strengthening the micro business model to become more value chain and expansion according to industrial sector
adaptive and capable of delivering the best solutions tailored having low risk as well as loan quality.
to customer needs. c. Consumer (Selectively Expanding)
3. Revamp Growth Engines The focus of the strategy is diversification of growth
Expanding market share in the consumer banking sector by sources to bona fide sector to maintain market share
addressing customers’ lifecycle needs, developing the SME salary base loan and KPR market share improvement by
business as a key partner through an integrated ecosystem, cooperation expansion as well as mortgage ecosystem
and scaling up subsidiary companies by optimizing BRI Group affirmation as new growth sources.
synergy. d. Wholesale (Selectively Wholesale Business Building)
4. Robust People Capabilities The strategic focus is improving banking transaction
Implementing a holistic human capital transformation, product capability (QLola). The expansion focus can
including strengthening leadership, fostering a purpose- provide potential value chain and selectively collect
driven culture, enhancing workforce capabilities, and wholesale funds to press fund cost.
optimizing talent management.
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2. Product and Services Marketing Aspect
Improving the quality of products and services by digitizing
business processes, developing customer-focused products, Marketing Strategy
fortifying the reliability of IT systems, managing complaint
handling effectively, and fostering a culture that prioritizes To enhance BRI’s business performance in areas of revenue,
risk awareness. fundraising, and lending, it is essential to implement integrated
3. Human Capital and Culture Capabilities marketing activities that encompass BRI’s products and
Strengthening the capabilities of human capital to align services through the Integrated Marketing Communication
with corporate goals and improving talent management (IMC) methodology. This cohesive marketing approach aims
(including, training, coaching, mentoring, and career not only to boost sales of the various products, services, and
development programs), along with bolstering leadership to programs offered but also to enhance awareness, consideration,
foster greater employee productivity. knowledge, and engagement among both current customers (to
4. Network Optimization foster loyalty) and potential customers (to strengthen awareness,
Optimizing network performance by employing network consideration, and intention to purchase). It is in accordance with
optimization tools to boost better efficiency within business the customer life journey, so it supports the ongoing sustainability
units, improving customer experiences through business and growth of BRI’s future business.
process re-engineering, organizing work networks, amplifying
the impact of AgenBRILink to broaden customer outreach, By executing a cohesive marketing communication strategy
and boosting the dependability of operational systems. alongside utilizing effective and efficient media, BRI seeks
to maximize awareness and consideration while establishing
Short Term Strategy relevant positioning that aligns with the attributes of the target
audience in each segment. This approach is anticipated to
BRI’s pursuit of innovation and the investigation of new growth enhance BRI’s overall brand value.
sources significantly affects the Company’s intricate business
landscape. The interplay of internal factors and the external To assess, oversee, and manage product brands, BRI regularly
business environment necessitates that BRI remains flexible in performs evaluations via Customer Touch Point research, commonly
addressing challenges to carefully maximize business prospects referred to as Brand Health Tracking (BHT). The purpose of this
both presently and moving forward. Considering these factors, research is to keep track of the BRI brand’s performance, allowing
BRI’s short-term strategy in 2024 is implemented, focusing on: for the establishment of target consideration levels and brand image
1. Assets Quality Improvement
that align with the evolving competitive landscape in the market.
Concentrating on enhancing asset quality to drive higher
profitability, and optimizing both intra- and extra-contestable
Conducting this strategy, BRI has effectively secured its role as a
recovery income, supported by the creation of acceleration
leader across various categories, including the consideration level
teams and advanced support tools
for the BRIguna Loan and BRI Savings brands, achieving the second
2. Selective Growth
place for the BRImo brand. Furthermore, BRI consistently upholds
Prioritizing selective and high-quality loan expansion in
its competitive stance with the QLola by BRI, BRI KPR, and BRI Giro
line with the regional potential and the risk profile of each
segment and product, by focusing on boosting marketer brands. These initiatives demonstrate BRI’s dedication to enhancing
productivity, expanding through increased contribution rate brand equity and sustainably increasing market share.
pipelines, and reinforcing the role of subsidiaries as vital
sources of consolidated growth. Further, in 2024, to expand its market reach and keep customers
3. Sustainable and High-Quality CASA Growth engaged, BRI outlined several key programs, comprising of:
Aiming for sustainable CASA collection to enhance market
share by fully utilizing the productivity of metropolitan 1. BRImo FSTVL 2024
business units, while promoting CASA growth by assessing
ecosystem potential and business value chains.
4. Operational Support Reliability
Focusing on enhancing the quality of operational support by
bolstering human capital skills and improving risk assessment
tools (such as, credit risk scoring, early warning systems,
predictive risk analysis, and pipeline model validation) to
enable more accurate risk management. In 2024, BRI re-launched an innovative loyalty program
known as BRImo FSTVL. This initiative is designed to enhance
customer loyalty while promoting better use of BRI’s digital
services, particularly the BRImo app, and other banking
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debit and credit cards, and an extra 1,500 points for
offerings, such as BRI credit and debit cards. BRImo FSTVL
opening a gold account for new customers who set up
is available to all BRI savings account holders, including
an account using BRImo.
those with BritAma and Simpedes accounts, by providing
- Extra points are also provided for specific
recognition through lottery prizes and immediate rewards
transactions, including the purchase of overseas
via the BRIPoin redemption system.
debit cards, international outgoing transfers, and
the establishment of gold accounts through BRImo.
The initiative, scheduled from October 1, 2024 to March
31, 2025, offers a wide array over 100,000 appealing prizes, As a feature of the program, BRI introduces Friday Deals, a
which include vouchers, items from various categories, and unique promotion available every Friday. Customers have
the grand prizes of five BMW 520i M Sport vehicles, twenty the opportunity to trade BRIPoin for a range of appealing
Hyundai Creta vehicles, fifty Vespa Primavera scooters, along prizes that are refreshed frequently, enhancing their banking
with thousands of other instant prizes. Participants can experience to be both enjoyable and rewarding.
take part by increasing their savings balance and engaging
in transactions like opening gold savings accounts, buying The application of BRImo FSTVL showcases BRI’s dedication
travel tickets, conducting international transactions, to recognizing customer loyalty, enhancing the digital
purchasing tickets for BRI Liga 1, paying for installments and landscape, and promoting increased engagement in digital
insurance, shopping through QRIS, conducting transactions transactions. This initiative represents one aspect of BRI’s
for e-wallet top-ups, bill payments, or utilizing BRI credit and effort to facilitate digital transformation and acts as a strategy
debit cards. for long-term business sustainability by consistently offering
innovative, pertinent, and customer-focused services.
The BRImo FSTVL initiative includes two primary schemes:
the Prize Draw Program and the Direct Gift Program (Redeem
BRIPoin), aimed at boosting customer engagement in digital 2. KPR BRI Property Expo
financial transactions throughout the duration of the program.
a. Lottery Prize Program
This initiative offers BRI savings account holders a chance
to win prizes depending on their average savings balance
and the total amount of BRIPoin they have acquired during
the duration of the program. To be eligible for this program,
participants must meet the following requirements:
The 2024 KPR BRI Property Expo is a property exhibition
- Maintaining a minimum average balance of IDR10
event organized by BRI to facilitate customers and potential
million throughout the duration of the program.
buyers in selecting and purchasing a home via KPR BRI.
- Collecting at least 1,290 BRIPoin by the end of the
Partnering with multiple reputable developers, this event
program.
has successfully taken place in various major cities such as
- For each multiple of the average balance of IDR10
Jakarta, Tangerang, Surabaya, and Bandung.
million, participants will receive one lottery coupon.
- This offer is applicable only to accounts established
To enhance extra convenience, BRI introduces the HOMESPOT
at branch and sub-branch offices, as well as BRI
digital platform, which serves as a comprehensive digital
business units, excluding installment savings
ecosystem for all property-related needs. This platform links
accounts like BritAma Rencana, Tabungan BRI Junio
users with a variety of stakeholders, including developers,
Rencana, and Tabungan BritAma Kerjasama with an
property agents, insurers, and contractors, all within a single,
administrative fee below IDR5,000.
user-friendly online space.
b. Direct Gift (BRIPoin Redeem) Program
During the 2024 KPR BRI Property Expo, attendees can take
This program offers incentives, such as BRIPoin, to
advantage of numerous exclusive promotions, including
clients utilizing digital services, such as BRImo, QLola
reduced interest rates, discounts on down payments, and
online banking, debit cards, and credit cards. The primary
regulations consist of: waivers on provision and administration fees. This exhibition
- BRIPoin has been automatically accrued since features a variety of engaging activities, such as:
October 2024 based on transactions conducted via - Chit chat with developer and BRI in talkshow.
BRI digital services. - Fun games and kids corner for family.
- BRI Credit Card customers, not having registered - Live cooking demo to drive joyful.
BRImo, must complete the manual registration - Special performance from Indonesian popular singer.
process on BRI brimo
- The calculation of BRIPoin follows a new model, which Additionally, attendees who pay a booking fee during the event
awards 150 points for transactions made through will have the chance to receive a direct reward of 1 (one) gram
BRImo, 50 points for every IDR100,000 spent with of precious metal, available to the first 10 (ten) customers.
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Furthermore, 10 (ten) customers who finalize their BRI KPR holistic solutions for the property and financial requirements
agreement while the interest rate promotional period is ongoing of its customers.
will be awarded 3 (three) grams of precious metal.
Moreover, apart the foregoing programs, BRI actively performs
Within the BRI ecosystem, various subsidiaries like BRILife, a range of initiatives designed to boost awareness and interest,
BRIFinance, Brins, and BRI Danareksa have joined in to customer acquisition, and loyalty across various segments.
provide excellent products. A particularly notable promotion These initiatives include activation activities, sponsorships, and
from BRIFinance is its electric vehicle financing option, which campaigns delivered through mass media, social media, digital
facilitates customers in embracing a sustainable way of living. platforms, and other channels to effectively reach the target
This initiative demonstrates BRI’s dedication to offering 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
loans disbursed.
BRI’s Market Share compared to Banking Industry as of November 2024
15.01% 15.80% 15.69%
IDR1,851 Trilion IDR1,219 Trilion IDR1,387 Trilion
Asset Loan TPF
84.99% 84.20% 84.31%
IDR12,335 Trilion IDR7,717 Trilion IDR8,836 Trilion
BRI (Bank Only) Banking Industry
Table of BRI’s Market Share compared to Banking Industry
(in IDR billion)
Description Information November 2024 November 2023 Growth yoy (%)
Banking Industry 12,334,712 11,427,957 7.93%
Assets BRI 1,851,305 1,773,849 4.37%
Market Share (%) 15.01% 15.52%
Banking Industry 7,717,257 6,965,899 10.79%
Loan BRI 1,219,211 1,161,218 4.99%
Market Share (%) 15.80% 16.67%
Banking Industry 8,835,901 8,216,207 7.54%
Third Party Funds BRI 1,386,715 1,296,541 6.95%
Market Share (%) 15.69% 15.78%
Source: BRI Financial Statements as of November 2024; Indonesian Banking Statistics, Financial Services Authority, September 2024
Based on total assets, BRI’s total asset growth reached 4.37% In terms of credit, as of November 2024, BRI successfully grew
(yoy) or IDR1,851 trillion in November 2024, although this growth its credit portfolio by 4.99% (yoy) to IDR1,219 trillion. However,
remained below the 7.93% (yoy) growth of the national banking BRI’s credit growth remained below the 10.79% (yoy) growth of
industry. As a result, BRI’s market share in November 2024 stood the national banking industry, which reached IDR7,717 trillion.
at 15.01%, a decrease from 15.52% in November 2023 of the Consequently, BRI’s credit market share in November 2024
total national banking assets. stood at 15.80%, lower than 16.67% in November 2023. The
strategy for credit growth to increase market share is carried out
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by enhancing the capabilities of marketing personnel in each share to 15.69%. However, this was still lower than 15.78% in
segment, supported by reliable tools, refining the organizational November 2023 of the total banking industry’s DPK. To sustain
structure to improve effectiveness and business processes, and grow BRI’s market share, collaboration between segments is
selectively providing credit by optimizing the potential value essential through strengthening merchant business dominance
chain, and maintaining optimal credit quality through the in BRI’s key ecosystems, enhancing BRI’s digital banking
development of supporting systems. capabilities with BRImo as a powerful SuperApp, reinforcing
synergy within BRI Group to boost funding, as well as developing
In terms of Third-Party Funds (DPK) collection, BRI’s total DPK Ultra Micro partnership businesses and strengthening fund
grew by 6.95% (yoy) to IDR1,387 trillion, bringing BRI’s market acquisition from the micro ecosystem.
Customer Complaints Handling
In addition to an effective marketing strategy, customer engagement can also be enhanced through fast and solution-oriented customer
complaint handling services. BRI continuously strives to maintain customer-centric service consistency by standardizing service quality across
its entire network and ensuring 24/7 complaint handling operations through its Contact Center BRI, commonly known as Contact BRI.
Kenali Channel Resmi
Contact BRI
Akun Social Media BRI Channel Contact BRI
bankbri_id 0812-1214-017
BANK BRI callbri@bri.co.id
BANK BRI 1500017
bankbri_id www.bri.co.id
@BANKBRI_ID
@promo_BRI
@kontakBRI
Additionally, the focus on customer complaints is continuously Handling Time (AHT) for complaints has improved by 5%, and the
improved by innovating complaint handling services that ease Service Level Agreement (SLA) response time has accelerated by
customers to submit complaints in a self-service manner, such 22%. The First Contact Resolution (FCR) rate, where complaints
as by presenting an aid center that can be accessed in the BRImo are resolved immediately on the first attempt, increased by
application and BRI Sabrina Chatbot. In addition to the aid center 3.8% compared to the pre-implementation period. From the
in the BRImo application, BRI has also presented a Voice Over customer’s perspective, surveys indicate that the willingness to
Internet Protocol (VOIP) based toll-free service for customers to recommend BRI’s complaint handling services increased by 5%,
serve more complex complaint handling. while customer satisfaction with complaint resolution services
improved by 7% following the implementation.
BRI continuously improves its business processes and customer
complaint resolution speed by implementing Artificial BRI has also launched a conversational banking initiative by
Intelligence (AI) and Robotic Process Automation (RPA) to enhancing the Sabrina Chatbot to offer more personalized services,
monitor the Service Level Agreement (SLA). Since 2024, BRI has including balance inquiries, account transfers, checking and
also introduced Customer Handling Management innovations managing complaint statuses, deactivating BRI debit cards, reserving
to enhance complaint handling quality, focusing on people, services at BRI branches, providing information on ATM locations,
processes, and systems. After six months of implementation branch offices, AgenBRILink, and offering recommendations and
across all BRI units, performance improvements in customer appealing promotions from nearby BRI merchants. Sabrina has also
complaint handling have been observed. On average, the Average achieved some awards for initiatives, as follows:
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1. Mata Lokal Award 2024: Best in Personalization Strategy. In addition, to encourage service innovation both individually and
2. IDX Channel Anugerah Inovasi Indonesia 2024 (ICAII): Special organizationally in providing the best complaint services, BRI also
Award of Innovative Products and Business Models for Virtual actively participates in the Contact Center competition both at the
and Anti-Fraud Services. Asia Pacific and National levels. In The Best Contact Center Asia
3. Bank Service Excellence Monitor (BSEM) MRI 2024: The Best Pacific Competition, BRI won a Bronze medal for the Technology
for BRI’s Chatbot Service (Sabrina). Innovation category. Meanwhile, in The 2024 Indonesian Best
Contact Center, BRI achieved the 4th Runner Up with the acquisition
BRI’s efforts to maintain service quality consistency in meeting of 22 medals consisting of: 9 (nine) Platinum medals, 2 (two) Gold
various customer transaction needs have been recognized in the medals, 5 (five) Silver medals and 6 (six) Bronze medals.
“Bank Service Excellence Monitor (BSEM) 2024” survey. This
survey, conducted by MRI Research Institute in collaboration with Moreover, to maintain BRI’s commitment in terms of customer
Infobank Magazine, highlights improvements in several aspects satisfaction in the operational level in 2024, BRI settled down
of BRI’s services as follows: complaints with the settlement level of customer complaints
1. The Best for BRI Mobile Banking Service (BRImo). reaching 99.81% of the total complaints, as described below.
2. 2nd Best for Opening an Account via Website.
3. 2nd Best for Contact Center.
4. 3rd Best for Digital Channel
Table of Complaint Handling Publication in 2024
Type of Financial Completed On Process Not Completed Total
No
Transactions Total Percentage Total Percentage Total Percentage Complaints
1. Credit Card 20,599 99.95% 11 0.05% 0 0.00% 20,610
Other Bank Products/
2. 38,625 100.00% - 0.00% 0 0.00% 38,625
Services
3. Deposits 135,636 99.98% 25 0.02% 0 0.00% 135,661
4. ATM/CRM 964,801 99.95% 502 0.05% 0 0.00% 965,303
5. E-banking 684,836 99.54% 3,145 0.46% 0 0.00% 687,981
6. Non-Collateral Loans 71,197 100.00% 1 0.00% 0 0.00% 71,198
Loans (Working Capital,
7. 5,835 99.97% 2 0.03% 0 0.00% 5,837
Investment, Consumer)
Grand Total 1,921,529 99.81% 3,686 0.19% - 0% 1,925,215
To provide an optimal service experience, BRI has successfully Agreement (SLA) and compliance with consumer protection
resolved 99.81% of all customer complaints from the total number regulations. Therefore, BRI will continue to strive to deliver the best
of complaint tickets. For tickets still in process, BRI is committed services to customers by maintaining speed and quality in complaint
to ensuring their resolution in accordance with the Service Level resolution.
Customer complaints will be processed according to the following flow:
Customers visit the nearest BRI Branch Office or BRI officers verify and accept the customer BRI officers record the customer complaint in
contact Contact BRI complaint. the system.
1 2 3
6 5 4
Approval and appeal of the customer complaint Notification of the customer complaint BRI officers verify transactions according to the
resolution outcome. resolution result. customer complaint.
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During the resolution process, customers may either agree or through mediation or arbitration with the Regulator, the
disagree with the complaint resolution outcome: Financial Services Sector Alternative Dispute Resolution
a. If they agree, the complaint is considered resolved. Institution (LAPS SJK), or other relevant institutions.
b. If they disagree, they can appeal the complaint resolution to
BRI. Customer complaints will be resolved within the designated
c. If the customer remains dissatisfied after the appeal process, timeframe, provided that all supporting documents have been
they may seek resolution through court or out-of-court fully received by BRI.
settlements. Out-of-court resolutions can be conducted
Types of Complaints Complaint Resolution Timeframe
5 (five) business days
Note:
- 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 submitted BRI has the right to refuse handling customer complaints if:
verbally by the customer, BRI has the right to request the a. The customer does not complete the required supporting
customer to submit the complaint in writing along with the documents within the specified timeframe.
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 completed - Complaints that have reached an agreement; or
the supporting documents, including: - Complaints that did not reach an agreement.
a. Customer/representative identification, which must at least c. The complaint is not related to any actual or potential
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/or services, except in cases of collaboration with other parties.
representative’s identification document, and any other e. The complaint is currently being processed or has already
residential address (if applicable); and been ruled on by a civil court.
- Contact phone number of the customer and/or
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 (operating segments), which are categorized into micro, retail,
that either focuses on delivering a specific product (operating corporate, others, and subsidiaries, along with geographical
segment) or offers a product within a particular economic context segments. The geographical segments encompass the supply
(geographical segment), with associated risks and returns that of goods or services in a distinct economic climate, which poses
differ from those of other segments. BRI and its subsidiaries different risks and returns compared to operating segments
classify their business segments according to consolidated in other economic settings. BRI’s geographical segments are
internal reports presented to the operational decision maker, organized according to regions, including Indonesia, the United
specifically the Board of Directors. BRI has recognized and States, Hong Kong, Singapore, Timor Leste, and Taiwan.
shared financial data according to its primary business activities
BUSSINES SEGMENT
OPERATING SEGMENT GEOGRAPHIC SEGMENT
Micro Retail Corporate Other
Subsidiaries Indonesia
Segment Segment Segment Segment
Small and Medium PT Bank Rakyat
Micro Business Corporate Business Treasury Business Amerika Serikat
Business Indonesia Tbk
Transaction and
Consumer Loan International BRI Global Financial
BRILink Service Banking Transaction Singapura
Business Business Services Co. Ltd
Business
Social Syndication Business Capital Market
Deposit Business and
Enterpreneurship & and Non-Bank Financial Supporting Service PT Asuransi BRI Life Timor Leste
Retail Banking Service
Incubation Program Institution Service Business
PT BRI Multifinance
Hong Kong
Indonesia
PT BRI Danareksa
Taiwan
Sekuritas
PT BRI Ventura
Investama
PT BRI Asuransi
Indonesia
PT Permodalan
Nasional Madani
PT Pegadaian
PT BRI Manajemen
Investasi
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Operating Segment
Operating Segment Explanation and Productivity Micro Segment
BRI divides its operational segments into 5 (five) segments as The micro segment focuses on serving the needs of banking
follows: product and service for individual customers and small-scale
• Micro Segment entrepreneurs to strengthen community businesses. This micro
• Retail Segment segment encompasses Micro Business, BRILink Services, and
• Corporate Segment Social Entrepreneurship & Incubation Programs.
• Other Segments
• Subsidiaries
MICRO BUSINESS DIRECTORATE PERFORMANCE SUMMARY
Entering 2024, the Micro segment faced challenges from the be achieved with the sustainability of the micro segment
weakening of the lower middle segment due to the impact transformation, which included the strengthening aspect of BRI
of El-Nino, increasing food inflation, and the normalization Unit organization, expansion of business processes and models,
of government spending after the pandemic. In facing this, strengthening of data analytics and risk management, and
the Micro Business Directorate carried a holistic strategy by shifting of the business approach of the micro segment from a
reducing loan growth to focus more on asset quality, recovery, financing approach to an empowerment approach.
and strengthening fundraising, especially through an ecosystem
based on the rural saving concept. The Micro segment affirmed the organization by the
improvement of the Advisors revitalization, Micro Business
In 2024, micro businesses implemented selective loan growth Managers reorganization, and head of unit re-plotting,
supported by big data analytics capabilities that can produce adjusted to his/her competence, such as firm competition
quality growth pipelines to be distributed in the form of in urban or rural areas. The change in business approach to
healthy credit. In addition, micro businesses also distributed empowerment approach was also shown through the expansion
by paying attention to regional risk profiles and strengthening of the business process of Kupedes rejuvenation, Simpedes
risk management by strengthening human capital capabilities, BISA, KECE 2.0, KECEKU (automatic supplementation feature),
including through the presence of the role of Business Support UMi Agent Partner Business Model and AgenBRILink service
Assistant (BSA), enhancement prescreening by developing enhancement. Strengthening of data analytics in supporting
a more comprehensive Credit Risk Scoring (CRS) using decision making included more structured pipeline and activity
telecommunications provider data, and tightening refinancing management and the use of customer behavior profiling in
policies. Through these initiatives, the Micro segment was establishing relevant risk management. Empowerment with a
able to maintain NPL quality at 2.85% and record significant focus on building ecosystems and increasing business actors’
recovery income growth of 57.00% yoy. capabilities were through inclusion and literacy programs.
Strengthening business synergies between entities in the ultra-
In terms of liabilities, in 2024, the micro segment began micro holding were by Senyum outlet services, data integration,
to strengthen the strategy of third party funds collecting and Senyum Mobile platform. These holistic strategies were
through the concept of rural saving, where the flow of funds implemented in 2024 and became the foundation in developing
from business actors was followed up to 2-3 layers above a sustainable micro business in dealing with future challenges
(suppliers, distributors, and collectors) so micro deposits grew and competition.
by 2.53% with CASA ratio of 85.34%. The entire strategy could
MICRO BUSINESS
In 2024, the micro business segment maintained positive in microbusiness, BRI remained consistent and committed to
performance, albeit with lower growth compared to 2023. contributing to the development and empowerment of micro-
The implementation of relevant programs and strategies entrepreneurs, aligning its approach with their evolving needs.
tailored to the prevailing situation and conditions was a key
factor that enabled BRI to navigate 2024 successfully. BRI had The microbusiness sector played a crucial role in BRI’s overall
provided the best services to the micro segment since 1895, business. Therefore, BRI was committed to expanding its
for 129years up to 2024. As a bank with professional expertise support and empowerment initiatives for the ultra-micro
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segment in 2024, integrating the digital transformation spirit business deposit products were BRI Simpedes Savings with
of Go Smaller, Go Shorter, Go Faster. This approach ensured various variants, such as Simpedes Umum, Simpedes BISA,
that BRI’s financial services, including financing disbursement Simpedes TKI, Simpedes Dream, and Simpedes Usaha.
processes, were executed faster and at more affordable costs.
Through these initiatives, ultra-micro entrepreneurs were Micro Business Products and Services
expected to sustain their businesses and recover from the 1. Kupedes
economic impact of the Covid-19 pandemic. Since 2020, BRI It is general loan with loan as much as IDR500 million per
had also developed the BRI Micro and SME Index (BMSI) to debtor within maximally 120 months that can be used for
measure business activity, sentiment, and the expectations working capital purpose and/or investment to individual
of micro-entrepreneurs regarding the national economic debtor having satisfied the requirements.
outlook. The latest BMSI data showed increasing business 2. KUR Micro
confidence and optimism about economic recovery. It is a financing facility for newly micro entrepreneur with
loan as much as IDR10 million – IDR100 million per debtor
To enhance financial service penetration throughout 2024, BRI that can be Working Capital Loan (KMK) with a maximum
had devised various strategies, including the development of loan term of 3 (three) years and/or Investment Loan (KI) with
a micropayment transaction system. BRI has designed various a maximum loan term of 5 (five) years.
strategies to increase service penetration during 2024. One of 3. KUR Super Micro
the main steps is to collaborate with merchants to encourage It is a special financial facility for new customer that has
the implementation of cashless transactions through the use not ever proposed loan, mainly aimed to ex-workers due to
of BRI’s Quick Response Code Indonesian Standard (QRIS) termination of work agreement (PHK) or housewife engaging
instrument and the NewPasar.id platform. This platform productive business with a maximum loan as much as IDR10
functions as a transaction tool that brings buyers and sellers million per debtor and a maximum loan term of 3 (three)
online without requiring face-to-face meetings. In addition to years and/or Investment Loan (KI) with a maximum loan
provide convenience in cash flow management for traders, term of 5 (five) years.
this initiative also supports the increasing digital transactions. 4. BRIguna Micro
BRI is available to provide secure payment solutions for the It is micro multipurpose loan aimed at the fixed income
community. In terms of the readiness of BRI’s infrastructure segment.
to educate the public regarding non-cash transactions, BRI 5. BRI Simpedes Savings
commits to continuously increase public literacy about It is a BRI savings product designed for rural communities
non-cash transactions, mainly QRIS, so that the use of this but equipped with modern features such as ATM cards that
integrated payment system is increasingly widespread. can be used on other banking networks in the country and
BRI believes that by providing simple and secure payment supported by 24-hour services from Internet Banking and
solutions through QRIS, micro businesses can optimize their Mobile Banking. Then, some variants of Simpedes include
business potential, which will contribute to national economic Simpedes Umum, Simpedes TKI, Simpedes Impian, and
growth and improve people’s welfare. In 2024, micro business Simpedes Usaha. In addition, BRI Micro Business also has
loan products offered to micro customers were Kupedes and other saving products, such as Tabunganku, SimPel (Student
Micro Business Loan (KUR Mikro), and the available micro Savings), Term Deposit.
Table of Micro Business (Productivity) Performance
(Bank only)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Outstanding (OS) Loans (in IDR billion) 491,220 496,554 (5,334) (1.07%)
Kupedes 200,223 212,332 (12,109) (5.70%)
KUR Mikro 231,294 219,927 11,367 5.17%
BRIguna Mikro 59,703 64,295 (4,592) (7.14%)
Debtors (in million people) 13.05 13.95 (0.90) (6.45%)
Kupedes 4.49 4.68 (0.19) (4.08%)
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Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
KUR Mikro 8.11 8.81 (0.70) (7.99%)
BRIguna Mikro 0.45 0.53 (0.08) (14.45%)
Savings (in IDR billion) 382,926 373,474 9,452 2.53%
Current Account 1,323 1,339 (16) (1.19%)
Deposit 52,448 48,452 3,996 8.25%
Savings 329,155 323,682 5,473 1.69%
Deposit Accoount (in full amount) 183,835,334 173,023,568 10,811,766 6.25%
Current Account 90,970 92,817 (1,847) (1.99%)
Deposit 450,913 428,651 22,262 5.19%
Savings 183,293,451 172,502,123 10,791,328 6.26%
The total outstanding Micro Business Loans in 2024 reached facilitated customer graduation from Micro Business Loan,
IDR491.22 trillion, reflecting a 1.07% decline compared to enabling borrowers to scale up their banking capabilities and
IDR496.55 trillion in 2023. This slowdown was a strategic move to business capacity. BRI as the Indonesian primary bank engaged
mitigate economic downturns in the mass-market segment, which in MSMEs always committed to grow together with customers to
was affected by El Niño’s impact and rising food inflation, leading create great and firm micro segment.
to asset quality deterioration. Dealing with these conditions, micro
businesses responded by adjusting their strategies with focusing Micro Business Strategy in 2024
on asset quality, strengthening risk mitigation, and enhancing As the biggest segment in BRI, micro business was the Company’s
credit quality in 2024. Some strategies had been implemented to flagship segment Supported a wide distribution of office
improve the quality of micro-credit initiatives, including selective networks and competent marketers, BRI has reached and served
growth by considering to regional risk profiles and the vintage the financial service needs of micro businesses to remote areas
of debtor groups., tightening of credit risk scoring for all loan of the country. A great customer base becomes an opportunity
products, enhancing pre-screening processes, and implementing and a challenge for BRI to optimize and accelerate micro business
fraud detection systems. These measures were designed to ensure growth. However, change is fast and inevitable. The ongoing
that microcredit growth remained healthy and sustainable. In pandemic encouraged the widespread adoption of technology
2024, the micro business strategy focused on reducing loan growth to affect people’s behavior, including changing the transaction
to emphasize loan quality improvement and recovery income and business patterns of micro business actors. The widespread
growth. In 2024, the micro businesses implemented a strategy, adoption of technology provided the option to enjoy financial
such as selective in performing loan growth and increasingly services and access unconventionally commercial financing in
focusing on improving loan quality and growth in recovery income. a borderless manner for micro businesses and the public. Such
The foregoing strategy had succeeded in providing positive results, conditions have changed the map of micro business competition
including the achievement of recovery income of IDR13.71 trillion in the future, especially with non-banking entities that provide
or growing 57.00% yoy, which was a trend in loan quality movement financial technology services (P2P lending, paylater, business
that could decline every month, and yields were maintained at bailout funds, etc.).
15.64%.
Anticipating such issues, thus, the development of BRI’s
In 2024, BRI disbursed IDR167.7 trillion in Micro Business Loan, future micro business will be performed with a beyond banking
resulting in a 5.17% positive growth. Micro Business Loan perspective through product innovation and sustainable business
distribution aligned with the aspirations of both the Government processes and business models. The synergy of BRI, Pegadaian,
and BRI to further enhance financial inclusion in Indonesia. To and more solid PNM can create new sources of income. new
accelerate and expand financial inclusion, the Government sources of income as a new growth engine for the Company’s
introduced adjustments to Micro Business Loan policies in business growth. BRI Micro business development is focused
2023, including limiting KUR loans to new customers who had on improving the quality of business processes in operational
never received commercial loans, setting loan cycle limitations, lines, growth and quality of commercial loans and products, and
introducing a step-up rate system, and targeting customer business model development to create new sources of business
graduation from Micro Business Loan to commercial financing. growth by taking the following strategic steps, as follows:
Throughout 2024, the micro business segment successfully
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1. Product rejuvenation by developing products that are in services that are digitally integrated through a commodity
accordance with customer needs and business developments. platform, called Pasar Rakyat Indonesia (PARI). In 2024, BRI
2. Creating a new ecosystem-based business model expansion focused on the ecosystem of shallots, potatoes, fish, rice,
so that it can capture all the financial needs of micro and 20 other ecosystems with the acquisition of 103,186
customers in their entirety, supported by the existence of BRI users and with transactions as of 321,094 transactions,
Micro channels that are widely available in the community, bailout funds of IDR6.49 trillion, and gross merchandise
including BRILink Agents, Senyum Mobile and PARI. volume of IDR26.8 trillion with 30,411 breeders and
3. Improving the quality of human capital, including: 17,432 collectors.
- Improving the capabilities of Advisors (mantri) with fit 3. BRI Codification Business System (BRIKODES)
education and the development of reliable supporting BRIKODES is an innovative platform designed to support
tools to strengthen their social role as digital counselors regional development in an integrated and data-driven
and financial advisors for micro business actors and to manner, with an evolving phased approach. Since 2021,
work on the ecosystem in their work areas. the platform has leveraged BRI’s internal data, such as
- Re-plotting units based on behavioral suitability with savings, loans, credit quality, social assistance, managed
regional demands (urban and rural), adding BRI unit accounts, and churn-out modeling to build a strong
supervisor functions and duties to carry out business data foundation. In 2022, the platform was designed to
functions in the sale of micro ecosystem tools (QRIS, enhance insights by identifying regional profiles through
Pari, Newpasarid), and implementing Business Support the addition of data on the percentage of financial
Assistant (BSA) to accelerate DH recovery and credit literacy, number of loans, and the number of account
quality control. holders in each region. Furthermore, BRIKODES brings the
- Improving the quality of business processes, among integration of smartphone penetration data per region,
others, through the improvement of the revitalization providing a more in-depth analysis of local potential
policy of all marketing personnel in the micro segment, and needs. In 2024, BRIKODES could identify business
both for Mantri and Micro Business Manager (MBM) potential per region to the village level. With BRIKODES,
positions. business activities could be adjusted to the pattern of
4. Designation of the focused area clustering by merging similar community transaction activities and the potential of the
BRI Units led directly by competent Senior Expert Micro. region so that business activities could be more precise
and efficient. This platform is a strategic solution that
Competitive Advantage and Micro Business Innovation combines technology and data to create sustainable
Along 2024, to continuously provide added value and improve growth opportunities, empower villages, and increase
competitive advantage in the micro segment, BRI continued to financial inclusion throughout Indonesia.
innovate, including: 4. New Pasar.id
1. BRISPOT BRI collaborated with third parties provides solutions to
BRISPOT is a major part of digital transformation in business business actors in the market, both traders and buyers
processes, especially in the micro business segment. through an e-commerce platform, called New Pasar.id to
Functioning for initiatives, portfolio management, and lead support MSME actors, especially market traders in increasing
generation strategies, BRISPOT focused on increasing the turnover through a wider sales reach. Digitalization of
productivity of BRI marketers. traditional markets purposes to drive the market economy as
an attempt to increase the turnover of market traders, expand
During 2024, as a form of BRI’s commitment to encourage customer reach so as to provide benefits for traders, improve
innovation, the development of the BRISPOT application engagement between BRI and MSME actors to support the
continued. One of the latest innovations was the addition cashless movement as well as enhance the ability of traders’
of the Radar CASA feature, which was designed to help businesses through capital.
marketers find CASA-based funding sources more efficiently. 5. Senyum Mobile
Holding UMi aims to combine key entities that can better
In addition, we had collaborated with one of the develop the ultra-micro segment. The ultra-micro ecosystem
telecommunications service providers in Indonesia to will assist in the journey of the ultra-micro segment upgrading
improve pre-screening capabilities and strengthen Credit to the micro segment. The ultra-micro ecosystem will play an
Risk Scoring which is integrated with BRISPOT. By these important role in improving the landscape of the ultra-micro
steps, risk management in the overall management of the segment in Indonesia. Therefore, BRI creates the Senyum
micro segment business could hopefully be improved Mobile application, which is an integrated digital sales
2. Commodity Platform (PARI) platform used by marketers to market products across entities
BRI collaborated with third parties provides solutions to (BRI, PNM and Pegadaian).
commodity-based ecosystem actors to easily access BRI
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6. KECE 3.0 businesses in the future has changed, mainly due to the presence
It is an ultra-micro segment loan designed with the concept of non-banking entities that provide financial technology services
of “go lower, go shorter, go faster” through convenience and (P2P lending, paylater, business bailout, and other similar
speed. The KECE 3.0 loan is a further development of the services). Digitalization of micro business processes that have
KECE 2.0 loan that has been marketed by referral through been performed by BRI is one of the attempts to increase work
UMi Partners. The form of development in the KECE 3.0 loan productivity and efficiency. The low business digitization index
is the loan application service process through the BRISPOT of MSME actors is an opportunity for BRI to expand its business,
Mitra UMi application. In the KECE 3.0 service process, Mitra while empowering with digital literacy regarding the use of digital
UMi is an extension of the mantri who can initiate loans, and technology to help develop debtor businesses through the PARI
can be automatically terminated by the system if it meets ecosystem platform, NewPasar.id and Localoka.
special conditions for existing customers with certain criteria.
However, verification is still carried out by BRI (BRI Advisors). In the next two years (2025-2026), BRI will strengthen the
Kupedes KECE loans can boost the performance and growth positioning of its micro business in community with the concept
of Kupedes in BRI Units through the potential of ultra-micro of ecosystem centric and the strategy of “Empowerment is Fore
customers. BRI has also developed an automatic supplement Financing”. BRI will start monetizing the business processes
feature for existing Kupedes debtors. through KECEKU, where and models that have been established since 2020 through the
selected debtors can submit a supplement process to the UMi partnership and ecosystem platform as a new driver for
initial ceiling via their own mobile phone after receiving a business growth. BRI is also strengthening micro human capital
WhatsApp blast from BRI Info without visiting BRI unit office. by consolidating several micro functions in regional offices into
ecosystem attacker functions to strengthen penetration in the
Business Prospects and Micro Business Strategy in 2025 micropayment business. Micropayment mastery is pursued by
The micro business segment is the segment with the largest forming an empowerment-based ecosystem. In addition to
portfolio at BRI and contributes positively to Indonesia’s increasing the collection of community deposits, BRI is expected
economic growth. In 2024, 99.62% of Indonesian MSME actors to possibly increase the depth of community inclusion, which has
was recorded, comprising of micro and ultra-micro businesses. an improving impact on living standards.
In the next few years, Indonesia’s population is projected to
increase quite rapidly, which is 197.13 million people in 2025 and Also, BRI micro business development focuses on improving
68.28% of productive age. In line with the projected growth of credit quality, increasing income through inorganic income
the productive age population, the MSME business also shows (increasing PH recovery rate), growing competitiveness, and risk
a positive growth trend in 2025. The MSME Business Index control. In doing so, the 2024 development was pursued through
study conducted by the BRI Research Institute in 2024 showed several strategic steps, as follows:
that the MSME business expansion in the third quarter of 2024 1. Optimization micro credit yield by focusing on the growth
continued, with the Business Index at the level of 102.6 (Index > of quality commercial loans (Kupedes and BRIguna) and the
100: expansion/optimistic phase). In the fourth quarter of 2024, development of turnover-based products as a new source of
MSME actors remained optimistic, although the level of optimism income.
decreased compared to the previous quarter. The decline of 2. Refining competitiveness by strengthening the quality of
optimism was due to the decreacing in people’s purchasing human resources and networks to explore better business
power and the start of the food crop planting season, which had potential, mainly in urban areas.
a retarding impact in the production of agricultural sector. This 3. Increasing the quality of risk control by strengthening the
illustrates that the business potential of MSMEs is consistently micro-channel control system, utilizing data analytics, and
growing, although it is slowing down due to challenges in several improving the quality of business operations to reduce
sectors. operational risks and potential losses. Strengthening
risk control is also carried out in the people aspect by
However, the market is changing rapidly and at a large scale. rejuvenating the function of BRI Unit supervisors to support
The long-lasting pandemic has driven the widespread adoption the sustainability of micro businesses with more integrity.
of technology to affect people’s behavior, including changing 4. Improving deposits gain structure with KPI adjustments
the transaction and business patterns of micro businesses. The that emphasize fund acquisition and strengthening
widespread adoption of technology has given micro businesses competitiveness, especially in urban areas. The acquisition
and the general public the option to enjoy financial services and of micro funds is carried out with an ecosystem-oriented
access unconventional commercial financing in a borderless (ecosystem centric), such as by mastering micropayments
manner. Furthermore, the competitive landscape for micro
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Management Discussion and Analysis
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and empowering the ecosystem that has been formed to 7. Strengthening BRI Group synergy to increase fee-based
create close loop financing, so transactions and turnover of income from the sale of micro bancassurance products of
business funds at BRI increases. subsidiaries.
5. Optimizing the AgenBRILink partnership as an enabler to 8. Advancing BRISpot as a channel to increase the effectiveness
increase the productivity and Advisors’ control coverage of marketers’ work by developing a restructuring menu and
so that Advisors can focus more on mentoring and cross selling subsidiaries’ products.
empowerment. 9. Enhancing the potential of new business models (PARI,
6. Developing digital business models with personal scoring to Localoka x AgenBRILink).
increase penetration in the digital loan market in a prudent 10. Maintaining and confirming the Business Support Assistance
manner. (BSA) function to obtain recovery income and increase
customer repayment”
AgenBRILink SERVICE
AgenBRILink is a collaborative model introduced by BRI aimed banking through its role as a Smart Agent under the regulation
at broadening the reach of its financial services to the public. of OJK. Simultaneously, it fosters economic values by providing
This business model incorporates social values focused on partners with additional income, creating mutually beneficial
empowering communities, promoting financial inclusion, economic collaborations, diversifying partner enterprises, and
ensuring economic equality, and enhancing understanding of expanding the banking network for operational efficiency.
Table of AgenBRILink Service Performance (Productivity)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
BRILink Agent (Agent) 1,064,219 740,818 323,401 43.65%
AgenBRILink Mekaar 437,575 151,950 285,625 187.97%
AgenBRILink Non Mekaar 626,644 588,868 37,776 6.42%
Financial Transactions (Transactions) 1,204,250,600 1,096,611,311 107,639,289 9.82%
Fee Base Income (IDR million) 1,656,288 1,558,327 97,960 6.29%
CASA (IDR million) 25,632,996 23,390,747 2,242,248 9.59%
Transaction Volume (IDR million) 1,589,038,749 1,427,583,095 161,455,654 11.31%
Savings Referrals 153,142 118,437 34,705 29.30%
Loan Referrals 1,880,506 3,063,826 (1,183,320) (38.62%)
By December 31, 2024, a total of 1,064,219 BRILink Agents In 2024, the number of financial transactions increased by 9.82%,
operated across Indonesia. This total comprised 376,208 BRILink rising from 1,096 million to 1,204 million transactions. This
EDC Agents and 688,011 BRILink Mobile Agents, distributed over growth in financial transactions highlights the comprehensive,
67,200 villages in the country. Additionally, 437,575 members secure, and advanced services of AgenBRILink, designed to
of PNM Mekaar had become BRILink Agents, demonstrating cater to the banking needs of the community. Alongside the
the synergy between BRI and the BRI Group. BRILink Agents rise in financial transactions, BRILink’s sales volume also
also facilitated MSME credit services through 97,963 UMi Mitra reached IDR1,589 trillion. From the transactions performed by
BRILink Agents and were responsible for distributing Social AgenBRILink across Indonesia, BRI earned a fee-based income
Assistance (Bansos) within communities. Besides providing loan of IDR1.66 trillion by the end of December 2024. This figure
referrals for BRI UMi partners, BRILink Agents assisted in the represents a 6.29% increase to IDR1.56 trillion during the same
establishment of savings accounts via a referral system for the period in 2023. Furthermore, AgenBRILink enhanced its low-cost
basic saving account type, known as Tabunganku. BRILink Agents funds (CASA) by IDR25.63 trillion, growing of 9.59% from 2023.
significantly contributed to achieve genuine financial inclusion
for all segments of Indonesian.
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Annual Report 2024
AgenBRILink Strategies in 2024 time, by upholding the integrity of Localoka as a local ecosystem, this
In 2024, Bank Rakyat Indonesia (BRI) aimed to fulfill its partnership fosters a mutually beneficial environment for customers,
commitment to enhance AgenBRILink services and boost AgenBRILink (acting for a merchant), and BRI, aligning with the goals of
financial inclusion across Indonesia by shifting the role of financial inclusion and empowering the local economy. Furthermore, to
AgenBRILink from a simple banking transaction facilitator to a diversify the available services through AgenBRILink, one of them is the
“lifestyle micro provider” that aligns better with the needs and pawn feature, enabling those in the vicinity of AgenBRILink to conduct
lifestyles of customers in the micro segment. This transformation pawn transactions and payments without visiting a Pegadaian Outlet.
is part of a three-phase journey for AgenBRILink. The initial phase
focuses on establishing AgenBRILink as a provider of payment and AgenBRILink Competitive Advantage and Innovation
banking services, enabling financial transactions. In the second Over the last ten years, AgenBRILink has demonstrated its
phase, AgenBRILink will promote ultra-micro services by offering significant contribution to enhance financial inclusion in Indonesia.
a range of financial and non-financial solutions tailored to the AgenBRILink has also created new business opportunities and
micro segment’s needs. The third phase marks the progression to stimulated inclusive economic development, as its existence
becoming a more extensive “lifestyle micro provider.” generates business prospects for local communities and offers
additional income, acting as an agent of change in bringing financial
In line with the advancement of technology and the rising customer services to those nearby. This model aids in broadening banking
expectations, it is important to note that BRI currently lacks its access to parts of the population that were previously underserved,
own e-commerce platform and the cash flow centered around particularly in remote regions. AgenBRILink facilitates access to
the grocery business sector. In doing so, there is an opportunity to banking services without the need to establish new branch offices.
leverage wholesale business prospects by incorporating e-commerce Partners can strengthen their distribution systems and enhance
functionalities into the AgenBRILink ecosystem. Localoka, an market penetration, leading to favorable effects on economic
e-commerce platform operated by BRI, has been instrumental in growth and the progress of micro-enterprises.
assisting micro, small, and medium enterprises (MSMEs) sell their
products online. By merging the BRILink Mobile application with With AgenBRILink’s presence extending to over one million
e-commerce, there is an anticipated positive effect on boosting locations across Indonesia and supported by a solid customer base
sales potential and profitability for AgenBRILink. Additionally, from BRI, there is a distinct competitive edge for AgenBRILink,
enhancing Localoka’s partnerships with corporate merchants is a such as facilitating convenient financial transactions for individuals
strategic move that aligns with Localoka’s original mission to serve without visiting a bank, even on holidays. AgenBRILink enables
as a local ecosystem hub, adding value for BRI MSME clients who banking transactions through EDC and BRILink Mobile in real-
are or will be merchants on the Localoka platform. This partnership time online, having constantly updated features to meet the
broadens business opportunities and strengthens the presence evolving needs of today’s society. The operational process of
of AgenBRILink in Localoka, allowing AgenBRILink to engage in BRILink relies on a supportive application for the registration,
wholesale purchases of goods at more competitive prices through monitoring, and evaluation of BRILink businesses. In addition to
the corporate merchants collaborating with Localoka. internal applications, BRI has created a companion application for
agents called MyBRILink, which serves as a dashboard to monitor
By managing e-commerce, BRI can offer financing options to both and manage BRILink Mobile outlets for AgenBRILink. Furthermore,
customers and merchants during their buying and selling processes, AgenBRILink is now capable of providing ultra-micro loans to the
which can contribute to a more stable growth of BRI CASA. At the same community through the AgenBRILink Mitra UMi initiative.
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In the daily operations course, agency business support officers are bridging fund facility for BRILink transactions and local purchases
present to assist AgenBRILink in addressing any challenges, while through Localoka. Additionally, AgenBRILink can function as a
managing the agency business. AgenBRILink acts as a reliable seller, a buyer, and a dropshipper. It also operates as a logistics
digital assistant within the community, where individuals seek ecosystem, acting as a drop-off location for package deliveries, as
guidance on financial services and reach out to those who may well as a central payment point.
be unfamiliar with digital technologies. Additionally, AgenBRILink
facilitates the expansion of BRI services into regions lacking access AgenBRILink serves as UMi lifestyle provider, facilitating the
to traditional banking. As “lifebuoys” and influential figures within transformation of the ultra-micro segment lifestyle through its
their networks, AgenBRILink plays a vital role in enhancing financial partnership with localoka, so it enhances access to essential
literacy and facilitating access to insurance within the community, products and services, while fostering community empowerment
while also motivating others to pursue similar protection. and supporting MSMEs in Indonesia. The AgenBRILink Mekaar
service offers essential goods, including transactions for daily
BRILink Business Prospects and Strategies in 2025 necessities, to members of the Mekaar group. AgenBRILink
In 2025, AgenBRILink will adapt to the changes in the banking Mekaar acts as a facilitator for cashless transactions within the
industry by revolutionizing its business model and positioning Mekaar group, while AgenBRILink Mitra UMi supports KECE BRI
as the leading force in establishing a payment ecosystem, with ultra micro services, and AgenBRILink Gadai provides pawn
AgenBRILink at its core. The focus is to facilitate convenience and services to all AgenBRILink customers.
accessibility for the public to perform daily financial transactions,
while offering solutions to address the issues faced by BRI customers Moreover, with the cash pick-up feature, AgenBRILink enables both
at the business entity level, enhanced by improved payment features. individual customers and corporate partners to carry out cash pick-
up transactions at the company’s outlets. To enhance the distribution
AgenBRILink serves as a community lifestyle provider, functions network and bolster the growth of AgenBRILink’s capabilities, BRILink
as a link between partners and the local community, and offers a is also working on developing AgenBRILink distributors.
SOCIAL ENTREPRENEURSHIP & INCUBATION PROGRAM
The Social Entrepreneurship & Incubation Program encompasses for MSME (Micro, Small, and Medium Enterprises)
the allocation of Government Initiatives (such as Social Assistance entrepreneurs, accessible to the general public. It offers
and Kartu Tani (Farmer Cards) and Incubation initiatives several useful features for MSME capacity development,
(including MSMEs Upgrading program, BRILiaN Village, and BUM including Assessment for Business Growth, Expert
Desa, Local Inspirational Figures, and Business Clusters). Each Consultation, and Product Showcase.
service is further detailed in the following descriptions. b. Rumah BUMN
1. Social Assistance Program (Bansos) It is a platform for developing MSME (Micro, Small,
It is Governmental program collaborated with Ministry of and Medium Enterprises) capabilities as part of a
Social Affairs of the Republic of Indonesia for the allocation collaboration among state-owned enterprises (BUMN)
of aid funds intended for the poor, underprivileged, and/or to build a digital economic ecosystem. Its goal is to
those susceptible to social risks. There are two types of social enhance MSME capacity and capability, enabling them
assistance programs: the PKH Program and the Basic Food to become Go Modern, Go Digital, Go Online, and Go
Program, with funds distributed in a non-cash format via the Global. Additionally, Rumah BUMN serves as a millennial
banking system. Recipients of the aid can withdraw the funds basecamp, a banking program information center, a co-
through bank tellers, BRI e-channels, or BRILink Agents. working space, and a disaster response task force.
2. Kartu Tani (Farmer Cards) 4. BRILiaN Village and Badan Usaha Milik Desa (BUM Desa)
This is a co-branded debit card developed in partnership with a. Desa BRILiaN
the Ministry of Agriculture, designed for farmers to redeem Desa BRILiaN is a village empowerment program aimed
subsidized fertilizer at designated fertilizer kiosks, and it can at creating role models for rural development through
also be utilized for standard banking transactions. excellent leadership practices and a collaborative spirit
3. MSMEs Upgrading to optimize village potential based on Sustainable
BRI facilitates the enhancement of MSME capacity and Development Goals (SDGs). The program is built on four
capability through a range of initiatives, allowing MSMEs key empowerment pillars:
to elevate their business operations and compete more 1. BUMDesa – Serving as the economic driving force of
effectively. To aid the development of MSMEs capacity and the village.
capability, BRI offers diverse platforms, as follows: 2. Digitalization – Implementing digital products and
a. LinkUMKM activities in the village.
It is an integrated online empowerment platform
that provides various business development facilities
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3. Sustainability – Building a resilient and sustainable 6. Business Cluster
village. BRI Business Cluster is an empowerment program for business
4. Innovation – Encouraging creativity in solving rural groups formed based on similar types of businesses within a
development challenges specific region, aimed at enhancing the capacity and capabilities
b. BUM Desa of all cluster members. The empowerment program provided
BUM Desa is legal entity established by village to manage by BRI to its fostered Business Clusters includes training and
its business, utilize its assets, develop its productivity mentoring, support in business infrastructure and facilities,
and investment, provide services, and/or serve other market expansion for cluster products. The management
business types for welfare of village community. of Business Cluster data is conducted digitally through the
5. Local Inspirational Figure “Klasterku Hidupku” application.
This program aims to obtain local figure of community
empowerment that can collaborate with BRI’s Advisors in
terms of BRI business development.
Table of Social Entrepreneurship & Incubation Program Performance (Productivity)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
SOCIAL ASSISTANCE (BANSOS)
Family of Hope Program (PKH)
Number of Beneficiary Families (KPM) 2,894,996 3,242,819 (347,823) (10.73%)
Disbursement (IDR million) 8,469,282 9,124,063 (654,781) (7.18%)
Basic Food Program
Number of Beneficiary Families 5,526,637 5,405,345 121,292 2.24%
Disbursement (IDR million) 12,730,475 12,652,323 78,152 0.62%
Total Basic Food Program
Disbursement (IDR million) 21,199,757 21,776,386* (576,629) (2.65%)
KARTU TANI (FARMER CARDS)
Number of Printed Cards 5,432,071 6,648,833 (1,216,762) (18.30%)
Number of Complete EDC-installed Fertilizer Kiosk 9,113 9,058 55 0.61%
Subsidized Fertilizer Redemption Volume (Ton) 1,262,166 1,102,609 159,557 14.47%
Subsidized Fertilizer Redemption Nominal (IDR million) 2,852,776 2,502,586 350,190 13.99%
LINK UMKM
Number of User 10,646,889 6,108,182 4,538,707 74.31%
Number of Scoring 7,929,725 4,828,315 3,101,410 64.23%
RUMAH BUMN (SEOS HOUSE) /RB
Number of RB 54 54 - -
Number of Members 433,034 418,588 14,716 3.52%
Number of Trainings 14,937 12,232 2,705 22.11%
BRILIAN VILLAGE AND BADAN USAHA MILIK DESA (BUM DESA)
Number of Accounts 14,021,021 10,025,031 3,995,990 39.86%
Number of BUM Desa Savings Balance (IDR million) 889,127 753,004 136,123 18.08%
Number of BRILink BUM Desa 16,580 15,233 1,347 8.84%
Number of BRILiaN Villages 4,327 3,178 1,149 36.15%
LOCAL INSPIRATIONAL FIGURE
Local Inspirational Figure 889 889 - -
BUSINESS CLUSTER
Number of Fostered Cluster 38,574 23,243 15,331 65.96%
Empowerment (Infrastructure and Training) 2,433 1,832** 601 32.81%
(*The 2023 figures presented do not include the el nino social assistance, as this assistance was not part of the 2024 period.)
(**The 2023 figures presented reflect data from the period since the program commenced.)
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The total allocation for social assistance in 2024 was IDR21.19 4. BRILiaN Village and BUM Desa
trillion, a decrease of 2.65% compared to 2023 which was a. Aiming to support a minimum of 1,000 new fostered
IDR21.77 trillion. The reduction in the distribution of social villages through the BRILiaN Village Program.
assistance, including PKH and Basic Food program, resulted in a b. Enhancing financial inclusion and literacy in villages that
policy implemented by the Ministry of Social Affairs to assess the participated in the BRILiaN Village Program by promoting
eligibility of beneficiaries. the use of micropayments within the community.
5. Local Inspirational Figure
On the other hand, the number of printed Farmer Cards (Kartu a. Each regional business unit recognizes potential local
Tani) in 2024 decreased compared to 2023 due to the issuance of inspirational leaders that can be sourced from stakeholders
Minister of Agriculture Regulation Number 10 of 2022, dated July involved in the BRILiaN Village or from business clusters
6, 2022, which reduced the types of fertilizers and commodities comprised of participants from prior years.
eligible for subsidies. Additionally, the Ministry of Agriculture b. Empowering the capabilities of Local Inspirational
instructed to halt the opening of new accounts and the printing Figures by providing training and certification, in
of Farmer Cards for new farmer data. In 2024, a total of 5,432,071 partnership with business incubation centers or
Farmer Cards were printed, with a fertilizer volume of 1,262,166 universities.
tons and a transaction value of IDR2.85 trillion. c. Developing a media strategy for disseminating the stories
of Local Inspirational Leaders.
Similarly, the number of BRILiaN Villages increased by 36.15%, 6. Business Cluster
rising from 3,178 in 2023 to 4,327 in 2023. The number of a. Acquisition Program of 1 (one) Advisor 1 (one) Cluster.
business clusters had effectively expanded to 38,574. The b. Empowerment Program to 500 Clusters.
Local Inspirational Figure program in 2024 aimed to enhance
and deepen the skills of individuals, who had participated Competitive Advantage and Innovation of Social
in the previous programs. Furthermore, BRI is dedicated to Entrepreneurship & Incubation Program
endorsing the Sustainable Development Goals (SDGs) through The detail of the competitive advantage and innovation of the
its empowerment initiatives, creating sustainable business role Social Entrepreneurship & Incubation Program is as follows:
models. Annually, BRI consistently adds new business clusters, 1. Social Assistance
BRILiaN Villages, and Local Inspirational Figures to ensure that The digitalization of Family Welfare Cards (KKS) distribution
the advantages of its empowerment programs reach a broader to Beneficiary Families (KPM) is done through web and
community. mobile applications (Makna Application), which serve as a
means to track the allocation of KKS and the distribution of
Strategy of Social Entrepreneurship & Incubation Program aid funds to recipients in real time.
in 2024 2. Kartu Tani (Farmer Cards)
An overview of the strategy for the Social Entrepreneurship & Of 34 provinces in Indonesia, 22 provinces are the operational
Incubation Program implemented in 2024 is outlined as follows: areas of the BRI Kartu Tani (Farmer Cards), so BRI is the
1. Social Assistance leading provider of the Kartu Tani (Farmer Cards) program.
a. The implementation of the PKH Social Assistance and 3. Link UMKM
Basic Food distribution is conducted in line with the Enhancing the effectiveness of online training via the UMKM
regulations and directives established by the Ministry of Link Application. It includes a self-assessment tool designed to
Social Affairsof the Republic of Indonesia. evaluate the competencies of UMKM, enabling the identification
b. Participating in enhancing financial inclusion accessible of specific training requirements for each UMKM.
to beneficiary families. 4. BRILiaN Village and BUM Desa
2. Kartu Tani (Farmer Cards) BRILiaN Village is a program designed to empower villages
a. The subsidized fertilizer redemption using Kartu Tani by creating role models in village development through
(Farmer Cards) is linked to the Ministry of Agriculture’s effective leadership practices and a collaborative spirit
e-Allocation system to reduce data discrepancies. aimed at maximizing village potential in alignment with
b. Transactions for redeeming subsidized fertilizer with the Sustainable Development Goals (SDGs). This initiative’s
Kartu Tani (Farmer Cards) can be conducted by using an unique advantage lies in enhancing financial literacy and
Android-based EDC machine or EDC MPos. inclusion at the village level, integrated into an empowerment
3. MSME Upgrading (Link UMKM and Rumah BUMN/SEOs program that aims to boost the skills and capabilities
House) of village officials and BUM Desa supported by BRI. The
The empowerment of MSMEs Upgrading both online and program seeks not only to generate financial benefits for BRI
offline by Link UMKM platform is through Rumah BUMN, with through the establishment and fortification of a business
educators and mentors at local and national levels possessing ecosystem in the villages but also to create a positive social
specialized knowledge in their respective domains, while impact within the community, fostering greater loyalty and
engaging advisors and RM to assist and guide their nurtured support for the growth of sustainable micro-businesses for
customers to be upgraded.
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BRI. Villages participating in this program are anticipated to b. Development of a dashboard for self-assessment scoring
become sources of inspiration for village advancement that acquisition featuring unique referral codes, serving as a
can be mirrored in other regions. program monitoring instrument accessible based on user
5. Local Inspirational Figures levels.
Local Inspirational Figures (FIL) represents a micro business 4. BRILiaN Village and BUM Desa
initiative that focuses on establishing empowerment BRI aims to involve a minimum of 1,000 additional fostered
partnerships between BRI and community leaders or villages in the BRILiaN Village Program. The organization
inspirational figures, aiming to motivate micro business will enhance the financial literacy and inclusion of villages
operators to develop in line with the initiatives and inspirations already participating in the BRILiaN Village Program by
provided by these figures. The unique advantage of the FIL promoting the use of micropayments. The strategy for the
program lies in the collaboration between BRI Advisors and FIL BRILiaN Village Program by 2025 is as follows:
to perform literacy functions, allowing community members a. Conducting active social interactions with regional
and micro business actors to achieve financial inclusion through offices, booking offices, units, and village heads related
BRI. FIL embodies the concept of “crowd sourcing” to broaden to the BRILiaN Village program.
access to BRI inclusion opportunities. b. Collaboration with relevant agencies to promote the
6. Business Cluster BRILiaN Village program and BRI products.
a. Time, cost, and labor-saving since advisor serves c. Optimizing the Pojok Mantri Desa Program in partnership
collective need. with the MSM Division.
b. Effective in marketing process of BRI products and d. Cooperation with the BRILink Division to improve the
services. role of BRILink Agent Officers (PAB) within the business
c. Easing advisor to monitor and evaluate business unit, providing guidance to BUM Desa as BRILink Agents.
operators. e. Coordination with the Ministry of Villages, Underdeveloped
d. Improving advisors’ value added as empowerment Region Development, and Transmigration.
facilitator and financial advisor. f. Advertising the BRILiaN Village Program using social
media, print media, and digital platforms.
Business Prospects and Strategies of Social Entrepreneurship 5. Local Inspirational Figure
& Incubation Program in 2025 The BRI’s FIL micro business program appears to have
An outline of the business prospects and strategies for the Social promising potential to enhance the development of BRI’s
Entrepreneurship & Incubation Program that will be launched in micro enterprises (a new growth avenue for BRI). In 2024, BRI’s
2025 is presented as follows: FIL initiative aimed to engage 50 local inspirational figures
1. Social Assistance across Indonesia to collaborate with BRI’s micro businesses in
a. Utilization of the Upgraded KPM Bansos (Social Assistance implementing financial inclusion literacy and acquisition efforts.
Recipients) to enhance and serve as a business pipeline. The FIL strategy in 2025 is described as follows:
b. Collaborative empowerment within government a. Search and Discover
initiatives to optimize the business ecosystem. Each business working unit identifies FIL potentials,
2. Kartu Tani (Farmer Cards) derived from:
The government plans to transform fertilizer subsidies - Public Figures, such as Head of Village, BUM
into direct fertilizer assistance, with BRI serving as the Desa Administrators, and MSMEs Activists, having
implementing bank across Indonesia (except for the Aceh inspirational, motivational, and initiative stories to
Province). BRI’s strategies include: develop local potentials.
a. Coordinating with the Ministry of Agriculture and PT - Business initiators/head of business clusters having
Pupuk Indonesia to develop an effective business process positive impact for the improvement of economic
proposal for stakeholders. business capacity by establishing business clusters.
b. Implementing a fully digital business process, from b. Empowered
account opening to disbursement, to accelerate and FIL empowerment consists of:
simplify access for recipients. - Competency improvement, such as training/
3. Link UMKM certification, collaboration with expertise both
a. The goal of MSMEs Upgrading is 2.5 million MSMEs business incubation center and universities.
through the Link UMKM platform, engaging marketing - FIL involvement as keynote speaker in MSMEs
personnel and Rumah BUMN officers, along with training and empowerment.
connecting audiences to UMKM mentors at both the c. Promotion
central and regional tiers. Designing a strategic media for promoting FIL
inspiration and BRI collaboration initiatives to aid in the
advancement of MSMEs.
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6. Business Cluster
Intensification of cluster empowering programs to support b. Providing assistance in enhancing the quality of products
sustainable micro business is by the following programs, as from business clusters (such as packaging and halal
follows: certification) to increase their competitiveness.
a. Strengthening the capabilities of business clusters
by facilitating the entry of their products into online
marketplaces.
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, Deposit Services, and Retail
Banking Solutions to assist customers in expanding their businesses across different industries.
DIRECTORATE OF COMMERCIAL, SMALL & MEDIUM BUSINESS PERFORMANCE SUMMARY
In 2024, the Directorate of Commercial, Small & Medium 5. Value Chain (Ecosystem Business)
Business (CSMB) targeted to enhance the performance of Maximizing the ecosystem business through collaboration
Commercial Business and SMEs under the theme “Scale Up SME with relevant departments to amplify the business potential
and Commercial Business” by concentrating on five primary of principles and their associated business networks.
strategies, as follows:
1. Loan Growth Selectively In 2024, the strategy was reflected in the performance of the
This strategy boosted the SME portfolio growth, mainly total outstanding SME loans as of IDR267.15 trillion, rising of
Upper Small and Medium loans by optimizing assets IDR6.79 trillion or a growth rate of 2.61% from the previous year.
composition and yield improvement. The loan acceleration This increase was primarily driven by Medium loans, increasing
was derived from value chain customer or propensity of 20.93% year-on-year. The current number of SME customers
model-based approach available in areas of Metro Area has reflected how growth is directed towards quality customers,
Branch Office (BO). who have succeeded in improving the overall portfolio quality.
2. Asset Quality Maintenance
The emphasis was on refining internal policies, augmenting The progress of BRI’s SME and Commercial Business aims to
the capabilities of SME credit systems and applications, achieve the vision of positioning SMEs realization as territory
implementing Relationship Manager (RM) incentive champions to create sustainable growth in 2025 This goal aligns
programs, and enhancing RM skills through SME RM with the medium-term plan (2024-2026) that emphasizes
revitalization, skill development, the BRILiaN Specialist growth in the portfolio alongside enhanced quality of the
Development Program (BSDP), and fulfilling RM personnel SME Business to boost profitability. Development in the SME
requirements. sector will concentrate on growth within an ecosystem-based
3. Current Account and Saving Account (CASA) Booster framework to promote increased CASA transactions, maximize
A transaction-led strategies-based strategy was intended to the potential of the value chain contributing to the pipeline for
fortify BRI’s liability structure through low-cost funding and Small and Medium Enterprises, and enhance digital platform
loan transactions by leveraging the growth of digital service applications to accelerate business processes and improve
platforms for SME clients. services.
4. SME Center Revitalization
Adjustment of Regional Office (RO) by refocusing Metor
Area BO through SME Center revitalization as new business
model approach to expand service coverage in strategic
areas.
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SMALL AND MEDIUM ENTERPRISES
BRI classified Small and Medium Enterprises based on the credit interest rates, flexible collateral requirements, and the
ceiling. Small Enterprises refer to loans with a credit ceiling of up convenience of conducting transactions online through
to IDR25 billion, while Medium Enterprises cover loans exceeding Corporate Billing Management on QLola.
IDR25 billion up to IDR500 billion. The products offered under the c. Distributor Financing (KMK Distributor)
Small and Medium Enterprise segment include, among others: Distributor Financing (KMK Distributor) is a working
1. Working Capital Loan (KMK) capital loan facility provided to distributors exclusively
The working Capital Loan (KMK) is a productive credit facility for purchasing products from the principal, intended
designed to finance business operations (current assets) and/ for resale. This product offers several advantages,
or replace trade payables in the production process or other including competitive interest rates, flexible collateral
working capital components. This product offers several requirements, and the ability to conduct transactions
advantages, including a loan tenure and repayment structure online through Corporate Billing Management on QLola.
that align with the customer’s business characteristics. This d. Customer Financing
credit facility is intended to finance current assets, replace Customer Financing is a credit facility provided to buyers
trade payables, and provide temporary funding for routine of the principal, intended exclusively for the purchase
business operations, down payments, cash reserves, working of products, goods, and/or services sold by the core
capital refinancing, or other working capital components. company for their use as part of their working capital. This
Generally, KMK has a short-term tenure, which can either product offers several advantages, including competitive
remain fixed throughout the loan period or decrease based interest rates, flexible collateral requirements, and the
on the customer’s business cash flow cycle. This product ability to conduct transactions online through Corporate
offers several advantages, including the flexibility to be Billing Management on QLola.
provided through an overdraft account or installment e. Investasi Financing
scheme, depending on the customer’s business cash flow. Investasi Financing is an investment credit facility
Additionally, it allows for a dynamically adjusted interest provided by BRI to the principal’s partners for the
rate, which is reviewed monthly based on the customer’s purchase, construction, expansion, renovation, or
portfolio with BRI. refinancing of fixed assets, including associated costs,
2. Investment Loan (KI) to support the business or operations of the vendors/
The Investment Loan (KI) is a financing facility provided to partner to the principal. This product offers several
companies and/or individuals to meet long-term funding advantages, including a loan tenure that aligns with the
needs for the purchase, construction, expansion, or renovation debtor’s cash flow capacity and flexibility in sharing the
of productive fixed assets, along with the associated costs. required funds.
This product offers several advantages, including installment f. KMK State Budget (APBN)
plans and loan tenures tailored to the borrower’s cash flow KMK APBN is a financing facility provided to vendors/
capacity. Additionally, the interest rate may be dynamically partners of Ministries/ State Agencies, where the project
adjusted monthly, based on the customer’s portfolio with payment source comes from the State Budget (APBN).
BRI. This product offers advantages such as competitive
3. Value Chain Financing interest rates and credit fees, flexibility in collateral
a. Project Financing (KMK Pre Financing) and fund-sharing, as well as digital operationalization
Project Financing (KMK Pre Financing) is a working capital through corporate billing management.
loan facility provided to vendors to finance their working 4. KMK Construction
capital needs for the completion of projects based on KMK Construction is a credit facility based on a work
a contract or similar document from the principal. This contract to finance the working capital needs of the debtor/
product offers several advantages, including competitive prospective debtor in completing a construction service
interest rates and flexible collateral requirements. project.
b. Invoice Financing (KMK Post Financing) 5. KMK Developer
Invoice Financing (KMK Post Financing) is a working KMK Developer is a credit facility provided to finance the
capital loan facility provided to vendors to finance working capital needs of developers in carrying out property
projects receivable as payment for project completion development, which will later be sold to consumers. One of
achievements to the principal, either partially or in full, the advantages of this product is that it can be bundled with
based on an invoice or similar document. This product BRI’s mortgage (KPR) products.
offers several advantages, including competitive
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6. Loans with a Fixed Installment Pattern (SLA), lower Overhead Cost (OHC), and higher margins
Loans with a Fixed Installment Pattern is a productive compared to other conventional products.
loan facility for working capital or investment purposes, 8. Small Business Loan (KUR)
specifically for Small Business debtors. This system involves A Small Business Loan (KUR) is a working capital and/or
fixed payments consisting of both principal and interest. The investment credit facility provided to individual debtors,
advantages of this product with a fixed installment pattern business entities, and/or business groups that are productive
include: and eligible but lack sufficient additional collateral, with loan
- A credit ceiling of up to IDR1 billion for each KMK and KI, amounts ranging from IDR100 million to IDR500 million.
allowing a total credit ceiling of up to IDR2 billion. This comes with low interest rates and is subsidized by the
- A loan tenure of up to 5 (five) years. Government.
- Competitive provision and administrative fee rates. 9. Warehouse Receipt Collateralized Loan
7. Loan Channeling via Fintech Lending A Warehouse Receipt Collateralized Loan is a financing
BRI collaborates with fintech lending to facilitate short-term facility provided by warehouse receipt distributors (banks) to
loans based on transactions, offering ease without additional receipt holders (customers), utilizing warehouse receipts as
collateral requirements. The service procedure upholds the collateral. This credit can be offered under a government-
principles of prudence, with a faster Service Level Agreement subsidized interest rate or commercial scheme.
Table of Small and Medium Enterprise Performance (Productivity)
(Bank Only, in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
OUTSTANDING (in IDR million)
Small Loans 189,349,837 183,046,732 6,279,638 3.44%
People’s Business Loans (KUR) 38,744,103 45,010,265 (6,266,162) (13.92%)
Medium Loans 39,050,779 32,291,213 6,759,566 20.93%
Small Medium Enterprise (SME) 267,144,719 260,348,210 6,773,042 2.61%
TOTAL DEBITUR (people)
Small Loans 223,982 227,565 (3,583) (1.57%)
People’s Business Loans (KUR) 231,639 248,834 (17,195) (6.91%)
Medium Loans 1,126 963 163 16.93%
Small Medium Enterprise (SME) 456,747 477,384 (20,637) (4.32%)
Note: Outstanding was based on the recorded value
The total outstanding SME credit in 2024 was IDR267.14 trillion, Small and Medium Enterprise Strategy in 2024
representing a 2.61% increase compared to 2023. This growth Small and Medium enterprises focused on improving the quality
was largely driven by medium-sized loans which grew by 20.93%. of small business loans while selectively growing Upper Small and
In 2024, business distribution was carried out selectively, Medium loans based on regional potential and risk profiles. In
leveraging value chain potential and transaction-based business line with this, the achievement strategy to be implemented are:
models. This strategy resulted in positive outcomes for the SME 1. Maintaining Asset Quality
performance at the end of 2024, with an increase in the small The strategy for improving SME credit quality was carried
business credit portfolio by 3.44% and the medium business out through focused expansion in low-risk industries. This
credit portfolio by 20.93%. included the rollout of 100% disbursement for Small and
Upper Small businesses through Initiative Strategies S1
(Modernizing SME Banking for Small: IDR500 million to IDR5
billion) and S5 (Modernizing SME Banking for Upper Small:
more than IDR5 billion – IDR25 billion and Medium: more
than IDR25 billion to IDR500 billion).
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2. Loan Growth Selectively 2. Business Expansion through Digital Lending Platforms and
The strategy for portfolio in SMEs was driven by Upper Small Value Chain Optimization
and Medium loans, aiming to optimize the composition Innovation in SME Digital Lending through a transaction-based
and increase the yield within the SME asset portfolio. The platform facilitates loan applications and disbursements for
acceleration of this credit growth was derived from the working capital financing. The implementation of this platform
optimization of the pipeline and the value chain potential was expected to achieve loan disbursements of IDR3 trillion
from the Ecosystem Business Forum (EBF), as well as the in 2024 while maintaining stable third-funds (DPK). The Value
Value Chain Tactical Program. Chain Tactical Program optimizes collaboration between
3. Pipeline Management Improvement Regional Offices and Branch Offices to enhance supply chain
The strategy to improve the success rate of the pipeline performance and acquire high-potential new customers,
was carried out through the enhancement of data quality, supporting the systematic expansion of SME businesses.
pipeline model parameters, and validation of the pipeline 3. Enhancing Marketing Capabilities Through Digitalization
model used by Relationship Managers (RMs) to support and Artificial Intelligence (AI)
healthy and quality growth. The Relationship Manager (RM) Reborn initiative focused
4. Value Chain Mastery (ecosystem business) on enhancing the marketing personnel capabilities through
The strategy for mastering the ecosystem business was training in pipeline management, hard skill competencies,
implemented through collaboration with related units to and the acceleration of SME RMs as the RM of the Future.
optimize the business potential of principal customers and This program was supported by digital tools and artificial
their associated value chains. intelligence (AI) to streamline RM tasks, accelerate
5. Work Network Optimization target achievement, and ensure more accurate market
The strategy for optimizing the work network was carried out by segmentation. The enhancement of RM competencies was
refocusing Branch Office (BO) areas in Metro regions through also expected to increase the hard competency certification
revitalizing the SME Center as a new business model approach. pass rate from 68% to 85% in 2024, contributing to greater
efficiency and productivity in SME portfolio management.
Competitive Advantages and Innovation in Small and Medium
Enterprises Business Prospects and SME Strategy for 2025
The development of Small and Medium enterprises (SMEs) The Commercial, Small & Medium Business (CSMB) Directorate
was directed toward achieving the position of SMEs as territory outlined a three-year development strategy (2025-2027) for
champions to create sustainable growth in Indonesia 2025, which Small, Upper Small, and Medium Business segments, focusing
offers end-to-end business growth solutions for SME customers, on selective growth to ensure high-quality asset expansion.
as follows: Furthermore, the CSMB Directorate will strengthen relationship
1. Digitalization of Loan Business Processes and Loan Risk manager (RM) capabilities to deliver comprehensive end-to-end
Management services and solutions for customers, optimize ecosystem-based
SME services were modernized through digitalization using business penetration and engagement, and develop a prudential
the BRISPOT S1 application for Small business loans up to banking system to improve business risk mitigation.
IDR5 billion and BRISPOT S5 for Upper Small and Medium
Business loans. This digital transformation accelerates the In line with this vision, the business development strategy for
entire process, from application, analysis, decision-making, 2025 includes:
and disbursement to loan monitoring. Re-engineering the 1. Increase in SME Customer Ticket Size
business model with next-generation credit risk architecture The acceleration of regional market penetration will be
enhances the analysis accuracy and asset quality. This achieved by implementing coverage area expansion per RM
innovation improves credit quality targets, including Loan to support the Territory Champion strategy. This approach
at Risk (LAR), Non-Performing Loan (NPL), and Allowance includes specialization of SME Relationship Managers (RMs)
for Impairment Losses (CKPN), while providing Relationship based on product type, refinement of the sales operating
Managers (RMs) with real-time portfolio monitoring tools model to enhance efficiency, and strengthening metro area
branch offices (BO) as a key driver for Upper Small business
growth. For the commercial business segment, ticket size
growth will focus on acquiring top-tier companies with high
business potential, and generating fee-based income (trade
finance, forex, and payment ecosystems) while leveraging
the value chain business model. This strategy aims to
drive business expansion and support sustainable CASA
(Current Account and Savings Account) growth based on
transactional activities.
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2. BRI implementation as Main Operating Account 4. Technology for Prudential Banking
This strategic initiative aims to establish BRI as the primary The strategy for enhancing banking tools and applications
operating account for customers by optimizing marketing aimed to mitigate risks and provide a more accurate and
efforts and service quality to provide comprehensive end-to- high-quality pipeline. This was demonstrated through the
end solutions. The implementation of this strategy will be Modernizing SME Banking in BRI program for Small, Upper
carried out through the development of dashboards and SSA Small, and Medium businesses, the development of the
monitoring to track transaction data and analyze product Early Warning System (EWS) feature on BRISPOT S5, the
holding penetration within the SME segment. development of SME Business pipeline management, and
3. Strengthening and Developing RM CSMB Capabilities the simplification and digitation of corporate business credit
This includes strategies for enhancing the skill set of SME processes through BRISPOT Corporate.
marketing personnel, which involves comprehensive re- 5. Ecosystem Business-based Approach
assessment of marketing staff, adjustment of educational This business model approach focused on collaboration and
curricula to ensure applicability and adaptability, collaboration cross-segment integration to carry out mass acquisition
with the Human Capital Directorate to meet the talent needs activities, expecting to generate sustainable business growth.
of SMEs, ensuring that the required competencies are aligned This was demonstrated through the Ecosystem Business
with the specific demands of each product. Forum, which aimed to acquire downstream customers from
the principal, covering the entire supply chain from upstream
to downstream.
CONSUMER BUSINESS DIRECTORATE PERFORMANCE SUMMARY
The credit performance for the consumer segment in 2024 at 3. Enhancing efficiency in every business process, while
BRI continued to grow healthily and sustainably, with the main focusing on customer orientation and good corporate
contributions coming from the growth of salary-based loans governance principles.
and mortgages (KPR). The growth rates for salary-based loans
and KPR were recorded at 10.60% year-on-year and 13.69% The improvement and transformation of worker competencies
year-on-year, respectively. BRI committed to providing the best and business processes based on digital technology supported
service for customers through continuous innovation on its optimal worker productivity. By using AI-based data analytics,
baking platform. product and program offerings became more targeted,
enhancing efficiency. These factors become key contributors to
BRI has consistently developed various customer touchpoints the growth of consumer business performance in 2024.
to serve customers’ needs in the consumer segment. The
Consumer business has sharpened its business focus and The results can be seen from the consumer business
improved business processes, enabling the consumer segment performance of BRI, which has grown positively in terms of
to become a key pillar of BRI’s growth with some effots: assets, liabilities, and fee-based income. On the assets side,
1. Developing digital-based products and services to ease consumer loans grew by 11.45% yoy, supported by the growth of
customers’ access. BRIguna loans at 10.60% yoy, mortgage loans (KPR) at 13.69%
2. Strengthening relationships with existing customers of yoy, and credit cards and digital lending at 9.97% yoy. On the
BRI, leveraging the significant potential within this group. liability side, the wealth management business increased Assets
This was supported by using data analytics to understand Under Management (AUM) by 16.04% yoy. All these consumer
customer behavior and offer personalized products and business activities also drove fee-based income growth in the
services based on their needs. consumer segment by 14.96% yoy.
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CONSUMER LOAN BUSINESS
BRI’s consumer loan business offers products that make it easier 3. Credit Cards and Digital Lending
for individual customers to meet various consumption needs, BRI Credit Card is a loan-based, unsecured payment
such as purchasing homes, vehicles, travel, education, and other instrument that collaborates with major payment networks
consumer goods. BRI’s consumer credit provides competitive and can be used for transactions at merchants or cash
interest rates with a fast and secure process. The consumer credit withdrawals within the principal’s network. BRI offers a
products available at BRI in 2024 include: diverse range of credit card products catering to different
1. BRIguna Loans segments, from mass-market and mass-affluent to affluent
BRIguna is a credit facility provided to prespective debtors and commercial customers. Additionally, BRI has introduced
with repayment sources derived from fixed income (such as co-branded credit cards in collaboration with major platforms
salary or pension). The types of BRiguna include BRIguna through an open banking model based on API integration.
Karya, BRIguna Pra Purna, and BRIguna Purna. These partners include Traveloka, BTN, Pegadaian, OVO,
2. Mortgage (KPR) Tokopedia, Paper.id, and Nex (Xendit). To enhance customer
KPR is a credit facility provided for financing the ownership service and improve Service Level Agreement (SLA) efficiency,
of residential properties. It can be used for purchasing BRI has digitized the entire credit card business process, from
new or pre-owned properties, takeovers, construction, and acquisition and underwriting to portfolio management and
renovations. The eligible property types include residential collections. BRI Credit cards are also compatible with QRIS
houses, shophouses (ruko), officehouses (rukan), and ready- transactions through the BRImo application.
to-build plots.
Table of Consumer Loan Business Performance (Productivity)
(Bank Only, in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
BRIguna Loans 135,793,674 122,778,228 13,015,446 10.60%
Mortgage (KPR) 58,552,166 51,500,184 7,051,982 13.69%
Credit Card, Digital Lending, and Other 8,896,664 8,077,045 819,619 10.15%
Total Consumer Loan Business 203,242,504 182,355,458 20,887,046 11.45%
Business growth focused on top-tier debtors in each region, a bank or BRI branch. The total BRIguna credit disbursed in 2024
optimized by business opportunities within the debtor ecosystem. amounted to IDR53.76 trillion. Meanwhile, the growth of KPR
This strategy has driven the expansion of the consumer credit was driven by several key factors, including business process re-
segment, particularly BRIguna and KPR, allowing them to engineering through the digitalization of the application and
grow competitively. In 2024, BRIguna recorded a total value of credit initiation process via BRISPOT, the development of the
IDR135.79 trillion, reflecting a 10.60% increase compared to digital platform HOMESPOT as a mortgage ecosystem engine,
IDR122.77 trillion in 2023. Similarly, KPR experienced a growth of the implementation of the KPR BRI Property Expo marketing
13.69% rising from IDR51.50 trillion in 2023 to IDR58.55 trillion program, financing 16,894 units with a total credit ceiling of
in 2024. IDR2.84 trillion. The total new KPR disbursement in 2024 reached
IDR13.77 trillion. BRI’s commitment to mortgage financing was
The growth of BRIguna credit in 2024 was optimized by the reflected in its five-year average KPR growth rate of 12%, which
optimization of the payroll customer pipeline and the digitalization surpassed the industry average growth rate of 6%.
of the application process. The introduction of mobile-based
applications enabled customers to apply for BRIguna loans fully BRI remains committed to driving solid growth in credit Cards
digitally via the BRImo Super Apps eliminating the need to visit and digital lending. In 2024, credit card and digital lending
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Management Discussion and Analysis
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transactions increased by IDR791,85 billion, reflecting a 9.97% 2025-2029: The Most trusted Lifetime Financial Partner for
growth compared to 2023. This growth was primarily driven by Sustainable Growth. BRI Consumer Business will adopt the
credit card transactions, particularly in the retail and e-commerce theme The Most Trusted Consumer Bank with Personalized
sectors throughout 2024, and a new partnership with Samsung Customer Experience to achieve the aspiration while
Card. Throughout 2024, Bri’s co-branded credit cards were well considering internal and external conditions for 2025-2029.
received by the public, as evidenced by a year-on-year (yoy) This strategy will focus on four key pillars (enablers): Robust
increase of 157% in co-branded credit card transactions. Risk Management, operational excellence, digital IT and AI-
powered customer journeys and personalization at scale, and
Consumer Loan Business Strategy for 2024 people organization excellence which finally aims to improve
Sustainable digital transformation strengthens retail banking business process expansion and efficiency.
capabilities through enhanced efficiency and business process
improvements to drive consumer business growth. This strategy To achieve the outlined objectives, BRI implemented the
will focus on BRI payroll customers and the expansion of BRIguna following strategic initiatives:
Digital. BRI will focus on increasing market share through 1. BRI leveraged predictive analytics and integrated data leads
selective growth and targeted expansion to achieve its customer into digital platforms such as BRISPOT to enhance marketing
business aspirations. This will be achieved by leveraging programs effectiveness, efficiency, and prudence, especially consumer
such as Kredit BRIguna, applications via BRIguna Digital, Kredit loan products, (BRIguna, KPR, credit cards, digital lending,
Perumahan Rakyat (KPR), and KPR BRI Expo while maintaining and KKB), as well as wealth management product (investment
prudent risk management. These measures aim to prevent credit and insurance). BRI optimized its Customer Relationship
quality deterioration and encourage improved collectability. Management (CRM) tools to ensure the availability and
quality of data leads which integrated customer data, tools,
Competitive Advantages and Innovations in Consumer Loan channels, and existing systems within BRI.
Business 2. BRIguna and KPR serve as the primary engines for portfolio
Enhancing services and convenience remains a key driver of growth to expand market share. In 2025, BRIguna will focus
consumer credit growth, supported by the digitalization of on accelerating its business among employees in State-
BRIguna and KPR credit processes. Efficiency improvements Owned Enterprises (BUMN) and reputable private companies,
will be achieved through business process enhancement, while maintaining its Business as Usual (BAU) strategy for
including BRIguna Digital and HOMESPOT. With a vast customer government employees and retirees. Meanwhile, for KPR, to
base and an extensive network across Indonesia, business strengthen partnerships with top-tier national developers,
process digitalization is crucial to ensuring sustained growth. BRI committed to developing a comprehensive mortgage
This initiative aims to simplify consumer credit services while ecosystem platform (Homespot.id). This platform will
maintaining prudent risk management. Currently, BRIguna holds accommodate all stakeholders in the property sector.
the highest market leader, while BRI’s KPR ranks among top five 3. With Indonesia’s shifting demographic composition,
largest mortgage providers in Indonesia. where Gen Z and Millenials dominate, alongside a growing
preference for cashless transactions and evolving consumer
Business Prospects and Consumer Loan Strategy for 2025 behavior influenced by the Covid-19 pandemic, pay-later
Digital technology and data advancement have transformed products gained significant popularity. These products
how the banking industry interacts with customers. Increasing cater to consumers seeking convenience and flexibility in
competition necessitates a deeper understanding of customer shopping, particularly those without access to credit cards
needs and behaviors. As one of Indonesia’s largest banks, BRI but who still wish to make purchases through installment
must enhance its capabili atau ty to manage customer data plans. To capitalize on this opportunity and expand financial
optimally to provide relevant product offerings and strengthen accessibility, BRI introduced pay-later products, available on
customer loyalty. BRI’s Consumer Business encompasses a BRImo and external platforms through embedded finance.
wide range of products and services, including consumer loans, Through this embedded finance approach, BRI collaborated
credit cards, and wealth management solutions. Its business with external partners to strengthen its financial ecosystem.
strategy will align with BRI Group’s long-term aspiration for
224 PT Bank Rakyat Indonesia (Persero) Tbk
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SUMMARY OF PERFORMANCE OF DIRECTORATE OF RETAIL FUNDING & DISTRIBUTION
In an effort to win the retail banking competition and align Additionally, BRI is focused on retaining customer transactions
with the 2024 initiative, “Strengthening Retail Banking,” BRI within the BRI system by increasing the share and productivity
continues to focus on strengthening its funding and retail of EDC (Electronic Data Capture) and QRIS merchants. The
transaction capabilities. This includes enhancing the BRImo acquisition of high-quality merchants remains a priority, as
SuperApp by increasing the number of users, adding new evidenced by a 53% year-over-year (YoY) increase in productive
flagship features, and ensuring system reliability to make EDC terminals and a 118% YoY increase in productive QRIS
transactions seamless for customers. To further increase merchants. Various initiatives continue to be implemented
customer loyalty, in 2024, BRI introduced the BRImo Festival, to strengthen merchant acceptance in the market, including
offering rewards and exciting prizes to customers who transact collaborating with strategic partners, expanding merchant
via BRImo. Rewards are given through voucher raffles and direct presence in urban areas, enhancing monitoring tools, and
gifts, which customers can redeem using BRI Points. adding advanced features to ensure BRI merchants remain the
preferred choice for payments.
The BRImo SuperApp is becoming increasingly popular and is
now used by 38.6 million customers, recording more than 4.34 With the various initiatives implemented throughout 2024
billion transactions throughout the year, with a total transaction to increase retail funds, BRI has achieved consistent growth
volume of IDR5,596 trillion. This transaction growth aligns with in retail savings throughout the year. This demonstrates
BRImo’s strategy of driving innovation through technology that the strategies and policies aimed at retaining customer
adoption, creating more inclusive and efficient banking services transactions within BRI and enhancing high-quality acquisitions
that add value for customers—both in terms of features and have successfully driven stable and sustainable growth. In 2024,
partnerships with strategic partners. BRImo transactions the growth delta reached IDR12 trillion, representing a 3.5x
can now cross borders, with the introduction of international increase compared to the previous year. BRI remains optimistic
transaction features, including opening accounts using foreign that this positive growth trend will continue in the future.
phone numbers, transfers to more than 100 countries, and QR
payments in Singapore. Additionally, BRImo has introduced In the future, BRI will continue to focus on providing optimal
lifestyle features to help customers book flight tickets, train service to its customers through various transformations in its
tickets, and new features for parcel delivery and daily shopping, work network. The bank will also enhance service capabilities
making it easier for customers to purchase everyday necessities. and ensure the reliability of its electronic networks (SSBT, CRM,
This initiative reflects BRI’s commitment to providing seamless ATM, EDC), supported by a strong customer complaint handling
access to its banking services. system.
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SAVINGS BUSINESS AND RETAIL BANKING SERVICES
BRI offers a diverse range of retail savings products to meet deposit (add-on). BRI also introduced scripless deposits to
customer needs. The following section outlines different types of accommodate customers with multiple deposit certificates.
retail savings products. Instead of physical documents, email notifications are given
1. BRI Savings as ownership proof, allowing customers to manage their
BRI offered various savings account products such as: deposits more effectively and efficiently.
BritAma
BritAma is a savings account designed for individual Meanwhile, the banking services offered under the retail banking
customers, equipped with digital banking facilities and an services business include the following:
online real-time system that enables seamless transactions 1. BRImo
anytime and anywhere. Additionally, this account comes with BRImo is a financial SuperApp that enables customers to
complimentary personal accident insurance coverage. conduct various transactions anytime and anywhere without
- BritAma Bisnis the need to visit a bank. The services provided include online
BritAma Bisnis is designed to accommodate higher onboarding for both domestic and international customers,
transaction limits for retail business customers, both payments, purchases, investments, insurance, and financial
individuals and non-individuals. This account also offers record-keeping. Additionally, BRImo facilitates cross-border
a monthly waiver on administrative fees. transactions by offering an international transfer feature that
- BritAma Mitra allows transfers to more than 100 countries and supports QR
A specialized savings account tailored for corporate payments abroad for seamless international transactions.
partner customers. BritAma Mitra provides payroll 2. BRIZZI
services for employees as one of its key features. It is an electronic money substitute for cash, serving as
- BritAma Rencana a payment tool that can be used for shopping or other
A term savings account designed for customers interested transactions provided by goods or service providers. All BRIZZI
in investment or financial planning. It features Automatic transactions can be carried out at merchants using BRI EDC
Fund Transfer (AFT), allowing customers to set their machines. Topping up BRIZZI is now easier and can be done
preferred transfer date and target amount. Additionally, at partner merchants such as Alfamart, Indomaret, Alfamidi,
this account offers an optional life insurance facility. Yomart, and others. Additionally, the BRIZZI card can be used
BRI Junio Savings for toll road payments, commuter rail (KRL), parking, and
It is a savings account designed to in still a saving habit other public transportation services like TransJakarta.
and introduces digital transactions to children from 3. BRI Debit
an early age. This account is bundled with a specially It is a payment card that facilitates both financial and non-
designed debit card featuring an attractive design. financial transactions. It can be used for offline transactions
2. BRI Deposits at BRI or other banks’ EDC machines and supports online
An investment option available in various currencies, including transactions through debit online (for merchants within
Rupiah and foreign currencies, offering competitive interest the Mastercard network) and direct debit (for BRI-affiliated
rates with placement periods ranging from one to 36 months. merchants). In addition to physical debit cards, BRI now
This product is available for individual and non-individual offers virtual debit cards, which can be issued directly
customers seeking higher returns than regular savings through SuperApp BRImo. These virtual debit cards enable
accounts. Deposits can be opened via BRImo or at BRI branch secure transactions at merchants, websites, or applications
offices, with two interest payment options: direct transfer to within the Visa network.
the customer’s account or reinvestment into the principal
Table of Savings Business and Retail Banking Performance (Productivity)
(Bank Only, in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Third Party Fund 509,274,340 488,122,102 21,152,238 4,33%
Total Accounts 40,328,402 39,003,209 1,325,193 3.40%
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Annual Report 2024
The Total Retail third-party funds (DPK) in 2024 reached c. Product Digitization and Integrated Solution
IDR509.27 trillion, an increase of 4.33% (yoy) increase compared BRI enhanced product capabilities through integrated
to IDR473.73 trillion in 2023 IDR488.12 trillion. This growth was digital services that provide transaction solutions. Brimo
primarily driven by a 7.68% yoy increase in the Current Account is positioned as a digital attacker, aiming to increase
and Savings Account (CASA), influenced by the rising volume of transactions and establish it as a digital financial solution
customer transactions in business processes. The increase in super app for customers.
Retail DPK aligns with the growth in retail savings accounts in d. Strategic Partnership
2024. The total number of accounts grew by 3.40% yoy, rising The bank collaborated with third parties to expand
from 39,003,209 account units in 2023 to 40,328,402 account customer acquisition.
units in 2024. This growth was primarily attributed to savings
accounts, which recorded a 3.40% yoy growth. Competitive Advantages and Innovations in Retail Savings
and Banking Services
Savings Business and Retail Banking Service Strategy Transformations in services, including products and platforms,
for 2024 are realized through the refinement of operational standards
The business strategy implemented in retail banking deposits and platform enhancements. These measurements are taken to
and services in 2024 were as follows: increase customer satisfaction and expand the customer base,
1. Retail Savings with the expectation of generating low-cost funding derived from
a. Creating focused acquisition involves increasing the transactions.
number of EDC acceptance points, QRIS, and Online
Acquiring systems, with a balanced distribution between Business Prospects and Strategies for Retail Savings
urban and rural areas. The primary focus is on dominating and Banking Services in 2025
business hotspot areas and commercial centers. To achieve the 2025 Retail Funding and Distribution aspiration,
b. Controlling outflow funds by utilizing follow-the-money namely The Most Preferred CASA Player through Seamless
activities ensures fund circulation is integrated into a and Holistic Transaction and Financial Solutions, Driven by
unified closed-loop transaction ecosystem within BRI. Exceptional Customer experience, BRI will focus on increasing its
c. Optimizing data analytics to understand customer market share in CASA, particularly in savings products. To achieve
behavior and offer products that meet the needs. this, BRI will continue to strengthen its retail banking capabilities
d. Launching loyalty programs such as BRImo FSTVL, by leveraging digital technology, mastering the transaction
BRIPoin, BritAma Tanam Kebaikan and others. ecosystem, and enhancing product holding for core customers,
e. Developing a culture to increase CASA and retail to consistently provide solutions to meet the diverse needs of
transactions in the workplace environment through customers with a strong customer experience.
CASAVIOR program. 1. Retail Savings
f. Developing various products and features as transaction The business prospects and key strategies of the Directorate
solutions and ecosystems to meet customer needs and for 2025 are as follows:
expand partnerships. a. Strengthening the BRImo Super App for customer
2. Retail Banking Services penetration and transactions.
a. Customer Acquisition b. Enhancing payment system capabilities, including
BRI aims to penetrate new growth sources and leverage reliable and innovative issuing and acquiring capabilities.
customer transactions. The bank focuses on accelerating c. Supporting the strengthening of people as a key factor,
acquisition efforts, especially expanding its merchant including organizing people within the retail funding
and non-merchant customer base. The acquisition division.
strategy for BritAma General accounts will be divided Referring to the three strategies outlined above, the Retail
into three target segments: High Net-worth Individuals Funding Directorate has formulated two main pillars, to
(HNWI), mass affluent, and mass customers which allows create a healthy and sustainable funding structure. Therefore,
for easier product solutions tailored to each specific the focus for Retail savings in 2025 is as follows:
group, and the last is payroll-based BritAma. a. Strengthening BRI’s payroll business with the guard and
b. Organization Transformation gain payroll approach
BRI is undergoing organizational changes focusing b. Encouraging portfolio growth by focusing on transaction-
on product management and sales management, based customers and product improvement through
specifically related to savings and retail banking product scaling up the customer base.
management to accelerate business growth. c. Creating sustainable CASA through active user
engagement with a focus on CASA-based transactions.
d. Strengthening ecosystems across various sectors, from
upstream to downstream business activities, through a
focused ecosystem strategy.
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Management Discussion and Analysis
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2. Retail Banking Services
Transformation in services with a client-oriented approach, have been implemented to increase the penetration of
including products and platforms, such as strengthening ecosystem-based payment convenience. These steps are
the innovation of the BRImo financial Superapps, developed taken to enhance customer satisfaction and expand the
as a one-stop solution for various customer financial customer base, with the expectation of generating low-cost
transactions. In addition, several digital ecosystem platform funding-derived transactions.
enhancements, such as Brimola, Smartbilling, and QLola,
Corporate Segment
The Corporate Segment includes Corporate Banking, Institutional Business and Transaction Banking, Syndication Business, and
Non-Banking Financial Institution Services.
SUMMARY OF WHOLESALE & INSTITUTIONAL BUSINESS PERFORMANCE
The unstable global and domestic macroeconomic conditions Since its launch in 2022, BRI’s Integrated Corporate Solution
in 2024 prompted the Directorate of Wholesale & Institutional Platform – QLola has continued to evolve as the primary
Business to continuously refine its strategies to drive business platform for cash management and transaction banking
growth. This was achieved by enhancing product and platform services. In 2024, QLola recorded a 15.9% yoy increase in cash
capabilities, particularly through digital innovation, selectively management transaction volume, reaching IDR8,400 trillion.
increasing exposure to existing and new wholesale customer This growth spanned both wholesale and non-wholesale
transactions, and developing a value chain pipeline for wholesale segments, with the addition of over 191,000 new clients.
clients to strengthen the SME and Micro business ecosystem.
Despite global and domestic economic fluctuations and ever-
Throughout 2024, the Directorate of Wholesale & Institutional changing market dynamics, BRI remains optimistic about
Business maintained positive growth. The wholesale/corporate achieving positive growth in the wholesale business segment
loan portfolio reached IDR254.24 trillion, marking a 22.93% with selective growth strategies in 2025. While external
year-on-year (yoy) increase compared to 2023, while maintaining challenges such as high-interest rates, currency volatility, and
a Non-Performing Loan (NPL) rate of 2.60% (-1.26% yoy). On the geopolitical tensions persist, new opportunities from digital
deposit side, funds totaled IDR467.93 trillion in 2024. Additionally, transformation and strengthened business ecosystems are
the directorate implemented collaborative strategies with expected to be key growth drivers, particularly in industries like
non-wholesale segments to expand the business value chain Energy, Mining, Palm Oil, and Fast-Moving Consumer Goods
acquisition from wholesale clients. This approach significantly (FMCG).
boosted transaction volumes and business activities within the
value chain ecosystem, reflected by increased credit facilities, To sustain the positive business performance trend into 2025,
trade finance services, and bank guarantees extended to various the Directorate of Wholesale & Institutional Business has
stakeholders in the business chain, from vendors and suppliers to outlined the following key strategies:
distributors and retailers. Furthermore, this strategy contributed 1. Digital Transformation and Technological Innovation
to strengthening low-cost funds (CASA) from transactions within a. Enhance the use of AI and API-based services for
the value chain. wholesale transactions.
b. Collaborate with fintech companies in payment
The Institutional Business segment (covering Ministries, services, e-commerce, and embedded finance c.
Agencies, the Indonesian National Armed Forces, and the Strengthen digital security.
Indonesian National Police) also experienced positive growth in
2024, with BRI maintaining its leadership in managing business
units (satker) at 59.72% and payroll services at 55.67% for
Ministries, Agencies, TNI, and Polri.
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Annual Report 2024
2. Optimizing Business Ecosystems (Value Chain Expansion) 4. Strengthening Institutional Business
a. Focus on strategic sectors such as Energy, Mining, a. Maintain market leadership in payroll services (63.5%
Agribusiness, FMCG, Healthcare, Automotive, and market share) for Ministries, Agencies, TNI, and Polri.
Telecommunications. b. Provide integrated vendor and consumer financing
b. Expand payroll acquisition from institutional clients through institutional business ecosystems.
(Ministries, Agencies, TNI, Polri). 5. Enhancing Sales Force Capacity
c. Grow Supply Chain Financing (SCF) through an a. Develop Relationship Managers (RM) and product
anchor client approach. specialists through certification programs, coaching
3. Sustainable Growth align fund growth with BRI’s clinics, and workshops.
business expansion needs while maintaining efficient b. Introduce RM specialists by industry to improve
funding costs to ensure optimal profitability. sector-focused services.
SUMMARY OF COMMERCIAL BUSINESS SUB-DIRECTORATE PERFORMANCE
The 2024 business aspiration for the Commercial segment 2025 Commercial Business Development Policy Focus:
was to become “The Best Transaction-Focused Bank with 1. Optimizing Asset & Liability Management (ALMA)
Digital Capabilities” enabled by Qlola by BRI, Integrated Optimal asset and liability management is supported by:
RM Workbench, Digital Loan Workflow System, Wholesale - Stable and sustainable low-cost fund (CASA)
Capabilities & Services, and strengthened subsidiaries. The accumulation through ecosystem dominance and
Commercial Business consists of the Agribusiness Division business value chain control.
and the Manufacturing & Property Division, focusing on key - Selective expansion of high-yield assets.
commodity sectors such as Palm Oil (Trading & Plantation), - Loan cost control.
Food & Beverage, Poultry, Sugar, Manufacturing, Consumer - Diversification of growth sources.
Goods & Automotive, Pharmaceutical & Healthcare, and 2. Enhancing Profitability
E-commerce & Services. To support its 2024 aspirations, the - Strengthen capabilities in retail, consumer, and SME
following strategic responses were implemented: segments (transactions and loans).
1. Selective Loan Growth - Boost subsidiary businesses as consolidated growth
Focus on top-tier companies to strengthen BRI’s market drivers.
leadership, especially principals with extensive value chains. - Intensify cross-selling of BRI Group’s financial products
2. Strengthening Ecosystem Business and services.
Maximize sales potential by enhancing RM capabilities 3. Implementing ESG Principles
as product experts for business acquisition through Commit to managing business in line with good corporate
certifications, regular training, e-learning, and short governance principles, creating value beyond profit and
courses (local and international). contributing positively to the environment.
3. Expanding Target Markets to New Growth Sectors 4. Operational Excellence
Identify new target markets through tailored solutions, Strengthen key enablers to support quality business
focusing on multinational corporations (MNCs) with robust expansion through:
and diverse value chains and strengthening engagement in - Human capital competency development.
the food & beverage sector. - Enhanced digital capabilities.
4. Intensifying Value Chain Acquisition to Boost Small & - Improved customer experience.
Medium Business Growth - Strengthened risk management and data analytics.
Strategically encourage commercial businesses to expand
their value chains to drive SME business growth.
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CORPORATE BUSINESS
Two directorates manage Corporate Banking at BRI. They are the c. Selective loan growth targeting priority and invest-to-grow
Institutional & Wholesale Business Directorate and the Commercial clients, especially in lending to new industries prioritized by
Business Sub-Directorate. Corporate Banking includes both State- the government, such as agrotechnology, green and food
Owned Enterprises (SOEs) and non-SOE corporate businesses. The industries, energy resilience-based industries, and others.
scope of products and services encompasses deposit management, d. Increasing the proportion of CASA from corporate clients to
the provision of various types of financing facilities, and a range of maintain wholesale funding costs as efficiently as possible by
transaction and business banking services. Since the end of 2021, applying transaction-based products and services.
BRI has segmented the management of corporate exposures based e. Developing ecosystem-based business strategies for
on their respective industry sectors into several divisions to further each industry sector to optimize value chain potential by
focus on exploring the customers’ needs across the supply chain. collaborating with SME, Consumer, and Micro Businesses to
These divisions include the Agribusiness Division, Manufacturing create special offers for the client’s business ecosystem from
and Property Division, Energy and Mining Division, Infrastructure, upstream to downstream, including support services that
Transportation, Oil and Gas Division, Syndication and Non-Banking meet transaction, savings, and loan needs while enhancing
Financial Institutions Division, Institutional Business Division, and clients’ business efficiency and effectiveness, particularly
Transaction Banking Division. in financial aspects. This activity aligns with BRI Corporate
Business’ aspiration to become a catalyst of growth for the
In 2024, the Wholesale and Institutional Business Segment SME, Consumer, and Micro segments while supporting the
developed innovative and adaptive strategies in response to creation of close-loop transactions within clients’ business
dynamic changes in macroeconomic conditions. Driven by a spirit of ecosystems.
continuous innovation, BRI focuses on the business needs of clients
in this segment, adopting a proactive approach to face challenges
These strategies have strengthened the achievements of the
and seize opportunities. The strategies set by the Directorate of
Wholesale and Institutional Business Segment in 2024 and
Institutional & Wholesale Business in 2024 are:
continue to be developed to maintain positive performance
a. Optimization of existing client transactions.
momentum. These strategic measures are continuously
b. Exploring new growth sources by expanding into new industry
reinforced to ensure sustainable positive outcomes in BRI’s
segment clients with a focus on fee income generation and
Wholesale and Institutional Business Segment.
transaction-based business.
Table of Corporate Segment Performance (Productivity)
(Bank Only, in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Loans 254,239,892 206,824,678 47,415,214 22.93%
Savings 467,934,609 467,933,609 (23,153,775) (4.71%)
Fee Based Income 3,170,934 4,649,387 (1,478,453) (31.80%)
According to the performance table above for corporate segment funds so that, in terms of Intermediary, Ratio (LDR) in 2024 was
loans in 2024 was IDR254.24 trillion, which was an increase of recorded at 54.33%. It was in line with the focus of the corporate
22.93% than 2023,which amounted to IDR206.82 trillion. In segment to optimize the sources of funds. In the same year, fee
addition, terms of deposits in 2024 was IDR467.93 trillion, which was IDR3.17 trillion.
decreased of 4.71% yoy, mainly in deposits with high cost of
Tabel of Corporate Segmant Performance (Productivity) per Sector
(Bank Only, in IDR millions)
Corporate Segment Loans Growth
Per Sector
2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Agriculture 28,529,392 30,265,580 (1,736,188) (5.74%)
Mining 32,008,328 27,995,667 3,012,661 10.39%
Industry 52,702,248 45,361,102 7,341,146 16.18%
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Corporate Segment Loans Growth
Per Sector
2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Electricity, Gas, and Water 34,478,700 28,659,200 5,819,500 20.31%
Construction 22,474,703 21,202,421 1,272,282 6.00%
Trade, Restaurant, and Hotels 24,770,106 17,066,890 7,703,216 45.14%
Freight, Warehousing, Communication 15,390,883 14,209,161 1,181,722 8.32%
Business World Services 37,214,673 20,092,877 17,121,795 85.21%
Social Services 6,634,072 1,971,114 4,662,958 236.56%
Others 36,788 667 36,121 5.415.88%
Total 254,239,892 206,824,678 47,415,214 22.93%
The total performance of corporate business segment loans was c. Corporate customer cost structuring strategy based on
integrated pricing on the ecosystem business.
IDR254.23 trillion, an increase of 22.93% compared to 2023 which
d. Optimizing customer Account Planning Strategy with the
amounted to IDR206.82 trillion. Based on nominal, the increase
Invest-to-grow category as a priority customer.
mainly came from the growth of the business services sector
e. Developing a reliable platform for Business ecosystem
of IDR17.12 trillion or grew by 85.21%, the trade, restaurant
solutions for customers (QLola, commodity chain, and
and hotel sector of IDR7.70 trillion or grew by 45.14% and the
others)
industrial sector which grew by IDR7.34 trillion or 16.18%.
f. Maximizing transaction-based fee income and CASA
growth through the accelerated implementation of
Corporate Business Strategy for 2024
QLola and API integrations tailored to client needs.
Through a diverse range of product innovations and well-
g. Optimizing EPA as a tool for setting competitive interest
executed business strategies, BRI’s Corporate Business segment
rates for principal
achieved strong performance throughout 2024. To sustain this
2. Value Chain
positive trend, a more focused strategy was required, including
a. Establishing planning, SOPs, sales models, and
the following key initiatives:
comprehensive organizational structures to enhance the
1. Principal
acquisition of principal business ecosystems in collaboration
a. Supporting liquidity adequacy through sustainable CASA
with relevant divisions across various segments, including
growth based on transactions to maintain the cost of
SME, Funding & Retail, Consumer, Micro, and Subsidiaries.
funds and optimize fee-based income to drive revenue,
b. Utilizing EPA as the foundation for determining integrated
by implementing the following measures:
pricing across multiple segments (Micro, Small, Medium,
- Ensuring disciplined migration to QLola and
and Corporate).
maximizing the utilization in collaboration with
3. Human Resources
relevant divisional stakeholders.
a. An enhanced platform capable of measuring the
- Mapping and fulfilling client transaction integration
performance achievement of relationship Managers
needs through API solutions.
in real-time to support the evaluation and monitoring
- Leveraging digital and physical channels as value
process of target attainment.
proportions to address the transaction needs of
b. Optimization of human resource quality through the
principals and their value chain ecosystems.
development of best-in-class Relationship Managers
b. Supporting credit growth in 2024 by:
and Credit Analysts by enhancing capabilities and
- Implementing selective loan growth by targeting
competencies, including:
top-tier companies in long-term potential sectors,
- Hard skill development to create expert Relationship
resilient/defensive industries, and sector expertise that
Managers and Credit Analysts aligned with priority
offer optimal fee-based income potential and a value
industry segments through courses, workshops,
chain supporting SME and consumer businesses.
seminars, certifications, and other training at both
- Increasing market share by optimizing loan growth
national and international levels.
for priority-tier customers and implementing an
- Soft skill development to support the effectiveness
invest-to-grow strategy.
and presence of Relationship Managers and Credit
- Strengthening discipline in credit pipeline execution
analysts within their respective industry segments.
according to the designated timeline.
c. The availability of a platform that can measure the
- Maintaining strict credit quality monitoring
achievement of Relationship Managers in real-time,
- Conducting regular evaluations to escalate emerging
enabling them to conduct evaluations and formulate
issues, adjust strategies, and refine execution timelines.
strategies quickly and accurately.
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d. The development of best-in-class Relationship Managers recovery following the decline of Covid-19, which has driven
in each industry sector is supported by the enhancement consumer spending. The prospects and corporate business
of both soft and hard skills through courses, seminars, strategy are explained as follows:
participation in industry communities, and others. 1. Business Prospects
4. Operations For the Non-State-Owned enterprise (Non-BUMN) Corporate
a. Digitization of internal business processes to enhance Business, the agribusiness sector, particularly the palm
customer satisfaction, improve SLA efficiency, and oil industry, still has a promising outlook. The palm oil
increase productivity (Britask, W-Bench). industry is becoming increasingly favorable in domestic
b. Development and enhancement of existing platforms and global markets. This sector is expected to play an even
to support ecosystem business solutions for customers more strategic role, with great potential to contribute to
(QLola, Commodity, Chain, and others). national economic growth9 and job creation. Palm oil is a
c. Expansion of CASA market share and improvement of fundamental ingredient for various food products, industrial
customer satisfaction through the optimization of QLola needs, and vegetable-based fuel. The palm oil portfolio in
usage and increased reliability of the IT system. the Agribusiness Division currently stands at 57%, so it is not
d. Enhancement of corporate customer satisfaction by out of the question for the Agribusiness Division to expand
ensuring SLA compliance in negotiating deposit and loan into sectors outside of palm oil as a risk mitigation strategy,
rates that align with corporate client expectations and while still prioritizing the top ten debtors within the sector.
remain competitive with peer services. The manufacturing sector continues to have a very high
outlook, driven by constant demand from the public, and
Competitive Advantages and Corporate Business Innovations the manufacturing sector contributes to the national Gross
The Wholesale and Institutional Segment of BRI focuses its Domestic Product (GDP) every year.
business strategy on building long-term strategic partnerships 2. Corporate Business Strategy
with corporate and institutional clients. BRI not only acts as a BRI’s Corporate Business will focus on several strategies,
financial service provider but also as a strategic business partner, including:
offering comprehensive financial solutions to support the end-to- a. Optimum Assets and Liabilities Management
end growth of clients’ businesses. Optimization of Asset and Liability Management will be
supported by:
As a leading entity in Indonesia with an extensive banking - Stable and sustainable cost-effective fund collection
ecosystem, BRI provides integrated financial service solutions (CASA) through mastery of ecosystems and business
designed to meet the specific needs of corporate clients across value chains.
various industry sectors. - Selective expansion of assets with high return rates.
- Control of credit costs.
In facing intense business competition, clients require tools to b. Diversify Sources of Growth
enhance operational effectiveness and efficiency to achieve Encouraging stronger revenue generation through:
optimal profits. Through the QLola platform, clients’ entire - Strengthening the capabilities of the Retail-
business operations can be connected digitally. This integration consumer-SME segments (transactions and loans)
offers BRI clients convenience in various aspects, including - Strengthening the business of subsidiary entities as a
payments, the use of bridging loan facilities, bank guarantees, source of consolidated growth.
trade finance services, supply chain financing, and liquidity - Cross-selling BRI Group’s financial products and
management. With financial activities integrated into QLola, services.
clients can easily monitor their asset and liability portfolios, c. ESG Principles Implementation
track business processes down to the retailer level, and calculate Committed to managing the business in alignment
the necessary cash flow projections. These advantages simplify with good corporate governance principles to ensure a
business operations for BRI clients, enabling them to manage positive impact on the environment (value beyond profit)
their processes more effectively and efficiently. d. Excellence Enablers
Strengthening supporting aspects as the foundation for
Business Prospects and Corporate Business Strategy for 2025 high-quality business expansion through:
In line with managed business sectors of Corporate Business, - Enrichment of Human Capital competencies.
which include agribusiness, manufacturing, consumer goods, - Best digital capabilities.
health industry, and e-commerce, the business prospects for - Enhancement of customer experience.
Corporate Business continue to improve, supported by economic - Strengthening risk management and data analytics.
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INSTITUTIONAL AND TRANSACTION BANKING BUSINESS
Institutional Business
BRI plays a significant role in institutional business by providing marketplace, collaboration platforms), and others), as well as
banking products and services for state institutions funded value chains (vendor financing, domestic/foreign loans, bank
by the State Budget (APBN). The banking solutions offered guarantees, and more) and other banking services tailored
include deposit management services (current accounts and to meet the needs of institutions, thereby serving the entire
time deposits), salary and performance allowance distribution business ecosystem. The institutional clients served include
for civil servants (ASN), social assistance distribution, state Government Ministries/Agencies, the Military (TNI), the Police
revenue collection (taxes, non-tax state revenue, and others), (POLRI), State Insurance Agencies, Public Service Agencies, and
and digital banking services (QLola, virtual account, government State Universities.
Table of Institutional Business Performance (Productivity)
(Bank Only, in IDR million)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Current account 44,327,501 43,929,571 397,930 0.91%
Deposit 63,342,352 88,625,508 (25,283,156) (28.53%)
In 2024, Institutional Business Current Accounts reached such as vendor financing, bank guarantees, employee loans,
IDR44.33 trillion, growing by 0.91% compared to IDR43.93 pension fund management (DPLK), custodian services, and
trillion in 2023. This increase aligns with the Company’s strategy trusteeship, turning these into business ecosystems within
to boost low-cost fund collection through transaction-based the related sectors. BRI is also increasingly establishing digital
activities by optimizing institutional client businesses. Meanwhile, platform partnerships with the government, recognizing this
Institutional Business Time Deposits in 2024 amounted to as a key component in the transformation of state financial
IDR63.34 trillion, decreasing by 28.53% yoy. management. BRI’s institutional business has become more
efficient by successfully increasing CASA and maintaining Cost of
Institutional Business Strategy in 2025 Deposit (COD) despite intense interest rate competition.
BRI’s institutional business follows stakeholder policy directions,
supporting various strategic programs such as food security, Transaction Banking Business
energy security, free nutritious meals, downstream investment, The Transaction Banking Business has played a crucial role as one
Export Proceeds (DHE), and others. Institutional Business of the main pillars in ensuring the continuity of BRI’s operations
focuses on growing CASA (current accounts), maintaining Cost in 2024 and in the future. The significant role of transaction
of Deposit (COD) efficiency, accelerating client value chains, banking is to accelerate fund collection and increase fee-based
acting as a bridge for other BRI business segments to engage in income. The target segment for transaction banking business is
institutional business, and establishing digital banking platform companies and/or institutions with complex financial transaction
collaborations with institutional clients. needs that are closely related to liquidity management.
Institutional Business competitive Advantage and innovation The products and services offered by the Transaction Banking
BRI’s Institutional Business is a leader in state financial Business include the following:
management. More than 60% of savings in the form of salaries
(payroll) and performance allowances for Ministries/Agencies 1. QLola Cash
in Indonesia are managed by BRI’s Institutional Business. The It is a banking financial service solution based on the
division has also digitized state financial services through various internet, featuring a user interface or in the form of web
products, including the migration of Ministry current accounts to services connected to the client’s system. The services
virtual accounts supported by the QLola transaction platform, the offered can be platform-based. Platform-based service
Government Credit Card (KKP) or Indonesia Credit Card (KKI), and features include receivables, liquidity, payment, supply chain,
active involvement in the digitalization of financial platforms across trade, and guarantee features, with advantages such as user-
Ministries/Agencies. friendly, real-time, and sufficient security features (hard and
soft tokens). Meanwhile, non-platform-based transaction
Business Prospects and Institutional Business Strategy for 2025 features include web services and virtual accounts (BRIVA),
Regarding social assistance spending by Ministries/Agencies, which support general financial transaction needs or can be
BRI’s future business plans include expanding into the value customized according to the client’s requirements.
chain of capital and goods expenditure for Ministries/Agencies,
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2. BRI Current Account (SKBDN). These services are also fully integrated end-to-end
This is a deposit product that serves the transactional needs with the QLola platform as a digital trade feature.
of clients, with facilities for withdrawals through vouchers 4. BRI Bank Gurantee
(cheques/bilyet giro) and can also be accessed via ATM or This is a bank guarantee service (contingency) both local
digitally through QLola Cash (Qcash). and international, in the form of facilities provided to
3. BRI Trade Finance customers, including insurance guarantees, non-cash loans,
This is a comprehensive and integrated export-import service cash collateral, and counter-guarantees. These services are
for exporters/importers, either through Letters of Credit also fully integrated end-to-end with the QLola platform,
(L/C), Non-L/C, or Domestic Documented Credit Letters featuring Digital BG.
Table of Transaction Banking Performance (Productivity)
(Bank Only, in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Volume Trade Finance dan Bank Garansi 1,100,371,827 820,631,745 279,740,082 34.09%
Fee Based Trade Finance dan Bank Garansi 2,944,956 2,734,434 210,522 7.70%
Volume Cash Management (include QLola Cash
8,087,620,783 6,788,672,110 1,298,948,673 19.13%
Management)
Fee Based Income Cash Management (include QLola Cash
131,136 126,337 4,799 3.80%
Management)
Volume BRIVA 989,820,188 830,293,400 159,526,788 19.21%
Fee Based Income BRIVA 482,087 321,088 160,999 50.14%
The performance of Transaction Banking in 2024 has generally 3. Deliver Superior Value Propositions, enhancing value
shown improvement. This can be seen from the volume of proposition by providing end to end solution for clients’
trade finance and bank guarantees, which increased by 34.09%. transaction needs (QLola) that combine all transaction
Meanwhile, fee-based income from trade finance and bank requirements into one platform.
guarantees grew by 7.70%. The growth in trade finance and 4. Develop Best In Class Product Verticals and Horizontally
bank guarantees was supported by various improvements in Aligned with Client Needs, improving product capabilities
operational procedures, and products, and the digitization of through integrated digital services to meet client needs.
trade and guarantee services on the QLola platform.
Competitive Advantage and Innovation in Transaction Banking
Customer transactions through the QLola Cash platform also saw The competitive advantage and innovation in Transaction
an increase in 2024. The volume of cash management grew by banking focus on product digitization and integrated solutions,
19.13%, with fee-based income from cash management rising by one of which is the QLola platform. QLola is an innovative
3.80%. meanwhile, the volume of BRIVA increased by 19.21%, integrated corporate solution platform that simplifies clients’
with fee-based income from BRIVA growing by 50.14%. access to various BRI products and services with a single login.
The single sign-on access features of QLola include cash and
Transaction Banking Business Strategy for 2024 trade products, supply chain management, foreign exchange,
The Transaction Banking Business Strategy for 2024 was investment services, financial dashboards, and other services.
Accelerate to the Future by Developing Best in Class Product
which includes: The goal of the competitive advantage and innovation in
1. To be the Value-Added Leader for our Clients in Transaction Transaction Banking products is to have superior value
Banking Market, means becoming the preferred bank for propositions in the market, making it increasingly reliable for
customers by prioritizing the best features and services, thus generating fee-based income and low-cost funding derived from
providing added value to clients. transactions.
2. Deepening Client Centric through New Flows and Programs,
focusing on the penetration of new customers that will
become the focus of new segments.
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Combining competitive advantages and innovations in In addition to focusing on new sources of growth, Transaction
Transaction Banking products and services provides clients with Banking will strengthen the retail segment with products and
greater convenience, security, and efficiency, thereby supporting services such as supply chain financing, BRIVA, and retail checking
overall business growth. accounts. It will leverage data analytics to generate new leads
and insights that will be used by marketing teams to support the
Business Prospects and Strategy for Transaction Banking growth of retail checking accounts.
in 2025
Transaction Banking will focus on penetrating new growth In the face of increasing competition, the Transaction Banking
sources, particularly from currently emerging industries such as division needs to maintain service quality, enhance innovation,
digital, multinational companies, and Fast-Moving Consumer and remain responsive to changing market trends and customer
Goods (FMCG). Additionally, it will also optimize the value chain needs to ensure sustainable business growth.
of existing clients to ensure that their ecosystem transactions
can be serviced using BRI’s products and services.
SYNDICATION AND NON-BANKING FINANCIAL INSTITUTIONS
SERVICES BUSINESS
Syndication and Non-Bank Financial Institution Services have plantations, mining, property, including the environmentally
two main business lines, namely: friendly business sector (green business). In addition, this
1. Management of syndicated service business including contribution can be seen in the active involvement of BRI
arranger and structuring functions and agency (facility agent, syndication in strategic government projects in order to equalize
escrow account agent, and guarantee agent). sustainable development throughout Indonesia.
2. Provision of cash and non-cash facility limits, both committed
and uncommitted, to the Non-Bank Financial Industry (IKNB), Furthermore, the non-bank financial industry (IKNB) including
both SOEs and Non-SOEs. finance companies (multifinance), insurance, venture capital,
securities, pawnshops, special financial institutions, fintech,
Regarding the role and contribution in the banking syndicated pension funds, DPLK, BRI’s non-bank financial institution business
credit market in Indonesia and overseas in the Southeast Asian department played a role in providing complete banking financial
region, BRI’s syndicated service business department has services including providing credit facilities (cash loans and non-
superior experience and competence in initiating the formation cash loans), managing corporate funds and transactions through
of syndicated credit (arranger and structuring). The support and QLola products, as well as other financial services tailored to
high level of trust given to BRI as the Mandated Lead Arranger customer needs. In 2024, the number of clients managed by
can be seen in the management of syndicated business services this business department reached 186 debtors, an increase of
in various business sectors in 2024 such as infrastructure, 10.71% compared to 2023.
manufacturing, energy, oil and gas, trade/hotels/restaurants,
Table of Syndicated and Non-Bank Financial Institution Services Business Performance (Performance)
(Bank Only, in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fee Based Income 293,760 245,916 47,844 19.45%
Outstanding loan 18,719,870 11,352,705 7,367,165 68.89%
Savings Balance 42,482,490 46,026,235 (3,543,745) (7.70)%
In 2024, the Syndication and Non-Bank Financial Services Division Outstanding loans managed by Syndication and Non-Bank
recorded revenue (fee-based income) from syndicated loan Financial Institution Services in 2024 amounted to IDR18.72
provisions and non-bank financial institution clients amounting trillion, an increase of 68.89% compared to IDR11.35 trillion
to IDR293.76 billion, an increase of IDR47.84 billion or 19.45% in 2023. Meanwhile, on the savings side, although the total
growth compared to the 2023 performance. This positive achievement was lower compared to 2023, the composition of
achievement aligns with the completion of deals according to the corporate CASA current accounts managed by Syndication and
timeline and the optimization of loan realization from non-bank Non-Bank Financial Institution Services was better, namely
financial institution services.
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37.39% in 2024 compared to 24.20% in 2023. This contributed to Competitive Advantages and Innovation in Syndication
BRI’s CASA achievement of 67.61%. Through a strategy focused and Non-Banking Financial Institutions Services Business
on managing the company’s operational current accounts, Through the ability to make arrangements with national and
a better daily average of current accounts and CASA quality/ international banks at the ASEAN regional level as well as the
composition was obtained against total deposits. speed and accuracy of services in making deals and agencies, it is
a competitive advantage for the development of BRI’s syndicated
Syndication Business and Non-Banking Financial Institution business. In addition, through the digitalization of internal
Services Strategy for 2024 business processes in BRI’s agency function and expanding agency
The large number of conglomerates and business actors who cooperation with existing corporate customers is a form of innovation
held back their business expansion in the early period of 2024 as to develop BRI’s syndicated business. In the non-bank financial
a response that reflected doubts about the sustainability of the institution service business, the provision of complete financial
business climate in Indonesia had an impact on the delay in overall solutions with services that focus on meeting special transaction
business growth. Therefore, selective distribution of corporate credit needs in the IKNB ecosystem is a unique advantage factor for BRI. By
to priority projects, including infrastructure projects, plantations, and strengthening transactions in the ecosystem, it provides benefits to
mining downstream projects considered to have a strong business/ customers in terms of financial management efficiency.
value chain derivative impact was the right strategy to achieve the
target of syndicated credit asset growth and fee-based income. To Business Prospects and Strategy for Syndication
support this strategy, increasing the capabilities and competencies and Non-Banking Financial Institution Services in 2025
of individual relationship business managers in syndicated businesses In 2025, BRI’s Syndication and Non-Bank Financial Institution
towards corporate business profiles and financing with the Green Services Division will implement a selective syndicated credit
Loan scheme through structuring according to the Asia Pacific Loan development strategy for corporations that have value chain
Market Association/APLMA standards encouraged the function of business prospects up to the retail segment. Then, also focus on
arrangers and agents in capturing business opportunities, expanding sustainable financing, namely a type of financing that prioritizes
networks, and increasing overall transaction efficiency. the Environment, Social, and Governance (ESG) aspects.
Meanwhile, for the non-bank financial institution service business, it Meanwhile, the business strategy in non-bank financial services in
focused more on increasing BRI’s wallet share in the IKNB business 2025 will focus on collaboration and providing support to the BRI
through mastering the ecosystem and expanding the business in Group (especially Pegadaian, Permodalan Nasional Madani, BRI
the 10 top tier companies in each industry, namely multifinance, Finance, BRI Life, and BRI Danareksa Sekuritas). Then, expanding
insurance, venture capital, securities, pawnshops, special financial BRI’s business wallet share by increasing transaction acquisitions
institutions, fintech, pension funds, and DPLK. in the capital market ecosystem, insurance, multifinance, venture
capital, securities, pawnshops, special financial institutions,
fintech, pension funds, and DPLK.
Other Segments
Other segments include Treasury Business, International Business, and Capital Market Support Services.
SUMMARY OF THE PERFORMANCE OF THE TREASURY AND GLOBAL SERVICES DIRECTORATE
BRI’s Treasury and Global Services (TGS) segment As part of the BRIvolution 2.0 strategy, TGS carries the
encompasses three business pillars: Treasury Business, aspiration of a Strong Presence of Treasury and Global
Investment Services, and International Business, including Services in Southeast Asia with Sustainable Principles.
overseas channels comprising Foreign Business Units (UKLN) Additionally, the progressive transformation of business
and Bank Representatives (BR). TGS continuously optimizes fundamentals and other activities has solidified the TGS
its role in liquidity management, profitability centers, capital segment’s performance amid dynamic geopolitical and
markets, bank lines and correspondent banks, BRI’s overseas global economic conditions in 2024.
network, and TGS transaction solutions as catalysts for other
segments.
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Aligned with BRI’s 2024 focus on ‘Strengthening Retail key success factor in expanding the customer base and
Banking Capabilities,’ TGS strategies are designed to ensure enhancing customer experience, supporting BRI’s 2025
optimal contributions and sustainable value creation, vision of becoming ‘The Most Valuable Banking Group in
particularly through three main engines: new sources Southeast Asia and Champion of Financial Inclusion.’
of growth, new business models to boost BRI’s revenue,
and business process transformation to improve resource Solutions for customers related to TGS services and products
efficiency and business effectiveness. The penetration of are now more accessible anytime and anywhere through
TGS products, through intense collaboration with other BRI’s SuperApps: BRImo and QLola. This digitalization
segments—such as foreign exchange (forex), cross-border strategy has helped maintain TGS segment performance
payments (remittances), money changers, securities, amid tight competition in the banking industry and domestic
and BRIFINE by BRI’s Pension Fund (DPLK)—has been a capital markets.
Table of Financial Performance of Treasury and Global Services (TGS) (in IDR billions)
Components 2024 2023 2022 2021 2020
Total Non-Interest Income 4,100 3,073 3,254 5,472 4,284
Treasury Business 3,270 2,311 2,474 4,925 3,764
International Business 583 452 357 276 282
Investment Services 360 323 287 272 238
Total Interest Income 17,630 16,639 16,230 14,945 12,596
Treasury Business 16,238 15,637 15,839 14,886 12,505
International Business 1,392 1,002 391 59 91
UKLN Profit 643 340 499 467 376
Total 22,373 20,052 20,079 20,884 17,184
The yoy revenue increase in TGS for 2024 was driven by 1. New Source of Growth
growth across all TGS business activities, such as treasury a. TGS Digital Solutions – Expanding digital access to
income from higher security and forex gains, increased fee- TGS products for customer convenience through
based income from international business and investment BRImo SuperApps (DPLK, forex conversion,
services, and profit growth from UKLN. This growth was international transfers, RDN, E-SBN), QLola
achieved while maintaining risk management and Good Wholesale SuperApps (DPLK, custodial services,
Corporate Governance (GCG) principles, emphasizing forex conversion, international transfers), and QLola
prudence. The expansion of the customer base also played (forex conversion).
a crucial role in sustaining market share amid intense b. Expanding bank representative corridors to the
competition. TGS remains committed to enhancing its Middle East (Kuwait).
sustainable contributions, reinforced by the implementation c. Utilizing customers’ Export Proceeds (DHE) through
of Environmental, Social, and Governance (ESG) principles swap transactions and placements in Bank Indonesia
in various activities, such as issuing IDR2.5 trillion in green term deposits.
bonds in 2024 and increasing the allocation of ESG-based d. Connecting Indonesian businesses to global markets
corporate bond portfolios. TGS also focuses on boosting through business referrals and matching via overseas
CASA-generating transactions, like cross-border payments channels and BRI’s domestic clients.
and custodial services. e. Human capital solutions through DPLK products,
including the Defined Contribution Pension Plan
To further improve performance in 2024 and strengthen (PPIP), Post-Employment Compensation Fund
the foundation for sustainable TGS business activities in the (PPDKP), and Health Benefits Fund (PPDSK).
coming years, the following three strategic pillars have been
formulated:
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2. New Business Model The sustainable growth and contributions aligned with
a. Enhancing the role and function of bank BRI’s 2024 mission statement—focusing on retail business
representatives to cater to Indonesia-related capabilities and synergy with subsidiaries—form the basis of
business needs abroad. TGS’s 2024 strategy, outlined as follows:
b. Expanding securities services for retail clients via 1. Customer-Driven Products
the BRIghts app in synergy with PT BRI Danareksa Developing TGS products and services based on customer
Sekuritas. needs.
c. Facilitating banknote sales using BRI’s QRIS system. 2. Customer Base
3. Business Process Reengineering Expanding the customer base, particularly in the retail
a. Bank line approval system to improve efficiency in segment, through collaboration with regional offices.
bank line decisions while maintaining prudential Growth will also be supported by optimizing the functions
principles. of UKLN and bank representatives.
b. ISO 9001:2015 Quality Management System 3. Product Channel
certification for custodial services. Collaborating with subsidiaries to enhance customer
c. Implementing ESG principles in TGS activities, such accessibility and cross-sell TGS products and services.
as increasing ESG-based portfolio shares in Treasury 4. Overseas Channel
and DPLK, issuing green bonds and inclusive- Expanding BRI’s overseas network by increasing the
based subordinated bonds, and incorporating ESG number of bank representatives.
assessments into business decision-making. 5. Digitalization
Improving customer access to services and optimizing
TGS product productivity through digital transformation,
both domestically and in foreign business units.
TREASURY BUSINESS
Products and services Treasury serve as one of BRI’s pillars in of the financial system related to the issuance and trading
becoming a one-stop financial solution to meet the needs of both of financial instruments or debt securities with maturities of
individual and corporate customers. BRI continues to develop no more than one (1) year in Rupiah and foreign currencies,
products based on customer needs (customer-driven products) playing a role in monetary policy transmission, financial
in line with internal and external regulations while prioritizing system stability, and payment system efficiency.
prudent principles (risk management). This approach takes into 3. Fixed Income
account the challenges and economic conditions throughout Investment products with fixed income rates in the form
2024, allowing BRI to offer appropriate financial solutions of debt securities or bonds trading services, issued by the
tailored to customer needs. Generally, customer needs include Government or private entities through primary or secondary
foreign exchange (forex), money market, fixed income, and markets.
derivative product transactions. 4. Derivative Product
1. Foreign Exchange Transactions based on a contract or payment agreement
Trading between one currency and another with a specific whose value is derived from underlying instruments such as
settlement date. Foreign exchange products include TOD, interest rates and exchange rates, as well as forwards, with
TOM, and Spot transactions. or without fund or instrument movement, excluding credit
2. Money Market derivative transactions.
According to Bank Indonesia Regulation (PBI) Number
18/11/PBI/2016 on Money Market, the Money Market is part
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Performance Table (Productivity) Treasury Bussiness
(Bank Only)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest Income (IDR million) 17,637,842 16,638,984 998,858 6.00%
Security Gain (IDR million) 2,154,744 1,882,092 272,652 14.49%
Forex Gain (IDR million) 1,114,871 428,531 686,340 160.16%
Produktive Assets (trillion Rupiah) 429 485 (81) (16.85%)
GWM 64 86 (22) (25.58%)
Placement with BI 34 32 2 6.25
Placement with other Banks 19 13 6 48.87%
Securities 295 305 (9) (2.95%)
Reverse Repo 17 33 (16) (49.95%)
Foreign Exchange Activity (million USD) 80,640 63,212 17,428 27.58%
Retail Clients 13,860 14,415 (735) (5.10%)
Institutional Clients 66,964 48,798 18,166 37.23%
The financial market movements in 2024, heavily influenced by customer-driven products as solutions for customer needs are
global and domestic economic fluctuations, pose challenges expected to be the cornerstone of Treasury performance in 2024
for Treasury activities. Non-interest income growth in 2024 was amidst uncertain market and economic conditions, ensuring
partly driven by the sale of Treasury assets to meet liquidity needs Treasury’s continued contribution to BRI’s performance under
in 2025. In 2024, the yield of the 10-year benchmark bond series various liquidity, market, and economic conditions.
reached its highest point at 7.25%, up from 7.12% in December
2023. This posed challenges in maintaining performance from Treasury Business Strategy for 2024
securities transactions while managing the portfolio with risk In 2024 Treasury’s business strategy focuses on several key
management considerations. Thus, increasing existing product areas, including:
penetration and marketing new products to customers became 1. Dynamic asset and liability management by considering
the main focus to drive non-interest income performance as a measurable liquidity, market, and credit risk management
sustainable source of Treasury revenue. while taking into account the growth of the bank’s core
business. One form of management includes a funding plan
Increasing market share by focusing on client-based transactions and for issuing Non-DPK instruments as an alternative source of
optimal portfolio management, including liquidity management, funding, adjusting to market conditions and liquidity needs,
served as the two main pillars supporting BRI Treasury’s performance along with measurable risk management.
in 2024. BRI Treasury will also continue to optimize its role as a 2. Ecosystem-based marketing as a new source of growth and
market maker in the domestic securities market, considering its retention for existing client groups, as well as fast, aggressive,
capacity and potential in portfolio management. Client flow for and intensive marketing within a certain timeframe to attract
foreign exchange transactions decreased by 27.58% yoy, with the new clients and meet their transaction needs, including
largest increase recorded in the institutional segment at 37.23%. hedging.
This remains a fundamental strategy to support BRI’s positioning in 3. Enhancing business services and exploring Treasury products
the industry from 2024 to 2025. supported by process digitalization that aligns with customer
needs (customer-driven products) through BRIefx updates,
Treasury business development in 2024 aligns with BRI’s strategic increased collaboration with relevant divisions for new
focus on strengthening retail banking capabilities and optimizing product and service development, and improvement of
subsidiary contributions. Client-based transactions supported by human capital quality.
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4. Boosting foreign exchange transactions through integrated easy financial and investment access to retail clients with SR/
digital services and channels such as BRI Super Apps BRImo, OR transaction switching features.
QLola (QCash), API, and other e-channels. 3. Implementation of Central Counterparty (CCP), a clearing
5. Developing structured products and interest rate-based institution appointed by the regulator to perform clearing
derivative products as a means of exploring new products to functions for derivative transactions between parties. The
meet customer needs. implementation aims to create a liquid, efficient, inclusive,
6. Improving business processes through Guava System and secure financial market and serves as one of the financial
Augmentation, which includes updating bookkeeping, market infrastructures to reduce derivative transaction risks
financial instrument classification workflows, accommodating in Indonesia, which are estimated to have a total daily volume
hedge accounting, and transitioning from JIBOR to IndONIA. reaching approximately USD 300 million.
4. BRI Swap Deposit (BSD) IDR to Forex is a structured product.
Treasury Business Competitive Advantages and Innovations Currently, BSD only facilitates forex-to-forex transactions due
BRI’s competitive advantage, with a network spread across all to PBI 18/18/PBI/2016 (in accordance with OJK’s approval for
regions in Indonesia, is one of the key drivers for increasing Treasury’s BSD products). With the new changes in PBI 24/7/PBI/2022,
client base, especially in the retail segment. Additionally, continuous a pairing feature for Rupiah to foreign currency will be added
development of human resource capabilities is expected to serve as to the BSD product (regulatory).
the foundation for optimal Treasury activities. In 2024, BRI Treasury 5. Tech Debt and Guava Re-Implementation with the aim of
received several awards for its performance and contributions to the enhancing product setup, accounting methods, feature
financial market, including: optimization, and STP with middleware. Updates include the
1. The Asset-Triple A Treasurise Award - Best in Treasury and implementation of FRTB to meet regulatory compliance,
Working Capital 2024. improving reporting quality, and enhancing the user interface.
2. LSEG-Indonesia FX Awards 2024: Best State Bank. 6. A funding plan for issuing non-DPK instruments is used to
3. Alpha Southeast Asia - Best FX Bank for Hedging meet BRI’s liquidity needs. The issuance of non-DPK funding
Requirements (Onshore Middle Market & SMEs) – CCS, IRS, is conducted tentatively while still considering the growth of
Forward & Options 2024. DPK, loans, and market conditions. This includes the issuance
4. Alpha Southeast Asia - Best FX Bank for Structured Products: of Long Term Notes (LTN) for Tapera credit financing and
Treasury Yield Enhancements 2024. Green Bonds for sustainable project financing.
5. Directorate General of Treasury, Ministry of Finance RI -
Second Place in Debtor Performance Evaluation for the Business Prospects and Treasury Strategy for 2025
Banking Loan Category 2023. The formulation of the Treasury business strategy for 2025
6. Bank Indonesia - Best Primary Dealer in Compliance and is aligned with BRI’s primary goal for the year: to become The
Number of Counterparties in the Financial Market 2024. Most Valuable Banking Group in Southeast Asia and a Champion
7. Bank Indonesia - Best Conventional Bank Supporting Rupiah of Financial Inclusion, with a commitment to continuously
Monetary Operation Innovations 2024. enhancing its positive contribution to BRI. Amid economic
uncertainties in 2024, such as the risks of a global recession,
BRI continues to foster an innovative culture, including enhancing persistent inflationary pressures, and geopolitical conflicts,
Treasury activities that align with visi in 2025 of becoming a Market Treasury BRI will focus on increasing client flow from retail
Leading Bank in Treasury and Global Services with Sustainable and business and strengthening synergies with subsidiary entities to
Meaningful Contribution to BRI Group. Several innovation activities ensure sustainable business growth. Beyond business activities,
carried out throughout 2024 are as follows: investment activities and meeting funding needs beyond third-
1. BRIEFX 1.2, which consists of BRIefx Channel Integrated, party funds will also be directed toward Environmental, Social,
BRIefx Improvement, and custom pricing. Deliverable and Governance (ESG) initiatives. This ensures that Treasury
activities include the integration of all forex transactions business activities not only impact the company’s performance
on BRIefx, which will impact overall BRI PDN monitoring. but also contribute positively to the environment. Enhancing
Meanwhile, providing differential rates for customer sectors synergies with other business units within BRI, as well as with
aims to enhance services for BRI Private and BRI Platinum subsidiary entities, remains a key focus for Treasury in optimizing
customers, allowing them to receive better exchange rates products, services, and revenue potential.
compared to regular customers. Additionally, custom forex
pricing for private and platinum customers can be linked to Marketing efforts targeting loan and foreign exchange deposit
various BRI channels, such as BRImo. customers, as well as those with foreign exchange needs—such
2. Investment optimization for the purchase of securities for as clients engaged in export-import transactions across all BRI
retail through BRIGHTS. The implementation aims to provide regional offices—will be the key strategy for increasing foreign
exchange transaction activity in the retail segment.
240 PT Bank Rakyat Indonesia (Persero) Tbk
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INTERNATIONAL BUSINESS
BRI has the capability and experience to serve customers’ financial 1. Correspondent Banking Business Products
activity needs related to products and services in general, including a. Bank guarantee issuance under counter guarantee:
those related to International Business. The development of Issuance of local bank guarantees to bouwheer based on a
International Business at BRI is supported by the International counter guarantee received from a correspondent bank.
Business Division at the Head Office level, which consists of b. LC/SKBDN refinancing business: Short-term financing by
Correspondent Banking Business, Cross Border Payment Business, a funding bank for L/Cs issued by BRI (issuing bank).
Banknotes Business, and is further strengthened by the Overseas c. LC/SKBDN confirmation business: Additional guarantees
Channel Management and Development Department and the Bank from BRI provided to beneficiaries for LC/SKBDN issued
Line Management Department. by a counterpart bank (issuing bank).
d. Trade asset participation business: Acquisition of part or
These business areas have significantly contributed to revenue all receivables (bank risk or country risk) with underlying
growth through interest income, fee-based income, offshore trade finance based on a master risk participation
funding provision, and third-party fund collection, as well as agreement.
acting as a catalyst for BRI’s other business growth. e. Banker acceptance: A short-term liquidity facility
provided by BRI as a lender or funding bank to a
BRI’s International Business services are also supported by counterpart bank with an underlying trade LC/Non-LC.
overseas operational units located in New York-USA, Cayman f. Bank to bank forfaiting business: The acquisition of
Islands, Singapore, Hong Kong, Dili-Timor-Leste, and Taipei- receivables (payment claims) without recourse based
Taiwan. Additionally, BRI’s Head Office has representatives abroad on underlying trade finance transactions under Uniform
to facilitate referral business for BRI’s Head Office products and Custom Rules for Forfaiting (URF).
services, Overseas Business Units, and BRI Group, as well as to g. Bank loan: A loan facility provided by BRI to Correspondent
communicate with all BRI stakeholders (customers, shareholders, Banks to meet liquidity needs in either rupiah or foreign
regulators, etc.). These representatives operate in the form of a currency.
Representative Office in Hong Kong and Bank Representatives in
Malaysia, South Korea, Japan, Hong Kong, China, Saudi Arabia, 2. Cross Border Payment Business Products
the UAE, Germany, and the USA. Cross border payment (fund transfer) can be defined as the
movement of funds across countries from the originator of
BRI’s International Business is further strengthened by payment to the beneficiary of payment. This service includes
professional workers holding internationally recognized BRIfast inward cross border payment (both partnership-
certifications such as Certified International Trade Finance based and non-partnership-based) and BRIfast outward cross
(CITF), which are regularly updated. This demonstrates BRI’s full border payment.
commitment to being a reliable business partner that provides a. BRIfast Inward Cross Border Payment (Partnership-Based
the best International Business services aligned with customer and Non-Partnership-Based)
business developments. - BRIfast incoming partnership-based is a fund transfer
service from abroad to Indonesia using the BRIfast
BRI’s International Business has partnered with more than 1,200 application through BRI’s overseas counterpart
Correspondent Banks worldwide, offering services in over 140 channels, primarily sourced from remittances of
foreign currencies, working with more than 100 Remittance Indonesian migrant workers (PMI).
Companies globally, and being supported by operational units - BRIfast incoming non-partnership-based is a fund
spread across 38 provinces in Indonesia. BRI also facilitates transfer service from abroad to Indonesia using the
foreign currency exchange transactions in 22 different foreign SWIFT platform, typically linked to underlying trade
currencies across all operational units. transactions (export-import).
b. BRIfast Outward Cross Border Payment
Regarding products and services from each department and This service enables fund transfers abroad in foreign
team, regular reviews are conducted and adjusted according to currencies, including domestic transfers using foreign
customer needs, with details as follows: currencies.
c. Global MT 940 and MT 101 Services
This facility accommodates SWIFT service needs for non-
bank multinational companies, especially those with
business networks in Indonesia.
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Management Discussion and Analysis
on Bank Performance
d. Local Currency Settlement c. BRI Cayman Islands Branch
A bilateral transaction settlement service between two Established on November 5, 1992, with a Category B
countries conducted in their respective currencies, where Banking License, BRI’s Cayman Islands Branch is the
transaction settlements occur within each country’s bank’s third overseas unit. It focuses on loans, trade
jurisdiction. Both inward and outward transactions use finance, treasury activities, and financing transactions
the Rupiah or the designated foreign currency directly related to Indonesian businesses, particularly projects of
without requiring conversion to USD first. the Government of the Republic of Indonesia.
3. Banknotes Business Products d. BRI Singapore Branch
a. Banknotes Purchase and Sale Transactions: These BRI Singapore Branch (BRISG) was established in 2015
are transactions for the purchase and sale of foreign with a wholesale banking license, functioning as BRI’s
banknotes (UKA) physically through money changers, trade finance hub serving trade transactions between
supported by marketing staff who have certification in Indonesia and Southeast Asia. The opening of the BRI
the relevant field. Singapore Branch also supports BRI’s effort to follow
b. Cash Withdrawal and Deposit of Banknotes: These customer business operating in Southeast Asia (SEA). Its
are transactions involving the withdrawal and deposit business activities include loan services, trade finance,
of banknotes into and from foreign currency savings and treasury related to Indonesian business activities.
accounts of customers, served at the operational units e. BRI Timor Leste Branch
of BRI. BRI Timor Leste Branch (BRITL) holds a Level B license
c. Same Currency Transactions: These are transactions from Banco Central de Timor-Leste (BCTL) and has been
where banknotes are bought and/or sold to other banks/ operational since March 14, 2017. The establishment
counterparts with the same currency payment and of BRI Timor Leste aims to expand BRI’s retail market by
competitive exchange rates. offering products such as working capital loans, commercial
4. Overseas Channel Management and Development and consumer retail, bank guarantees, savings (savings
Overseas channel management and development is the accounts, checking accounts, and deposits), cross-border
department responsible for managing and developing BRI’s payments, and trade finance. As of now, BRI Timor Leste
overseas branches (UKLN), including business planning for has three sub-branches: Fatuhada Sub-Branch, Hudilaran
foreign operations, fostering business relationships, liaison Sub-Branch, and Audian Sub-Branch.
functions for business and operational needs, and monitoring f. BRI Taipei Branch
and evaluating the performance of these overseas branches. BRI Taipei Branch officially started operations on
The list of BRI overseas branches is as follows: November 30, 2021, with a full banking license. BRI
a. BRI New York Agency Taipei Branch offers retail and wholesale services such
Established on April 8, 1988, with a foreign agency as savings, loans, cross-border payments, and trade
license, BRI New York Agency is BRI’s first overseas finance. It was established to accommodate cross-
branch, serving customer business by facilitating loan border payments and transactions related to imports and
transactions, trade finance, treasury, cross-border exports between Indonesia and Taiwan and East Asia, as
payments, and settlement in USD. It also helps promote well as to serve as BRI’s trade finance hub for the region.
BRI’s MSMEs (Micro, Small, and Medium Enterprises) in 5. Bank Line Management
the U.S. market. BRI New York Agency also provides USD Bank line management involves managing the limits provided
clearing services to domestic banks and foreign banks. to counterpart banks used for trade finance and treasury
b. BRI Hongkong Representative Office transactions, which can be committed or uncommitted.
Established on November 5, 1992, with a Category Activities performed include:
B Banking License, BRI Cayman Islands is BRI’s third a. Macro conditions and country risk analysis of
overseas branch, serving loan transactions, trade counterparts
finance, treasury, and transactions related to financing b. Analisis and recommendation for banking line facilities.
Indonesian-related business projects, particularly for the c. Due diligence on counterpart for bank line facilities.
Government of Indonesia’s projects. d. Monitoring the utilization of the bank line to encourage
the optimization of bank line usage.
242 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Performance Table (Productivity) International Business
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
REVENUE (IDR million)
International Business 1,848,390 1,454,354 394,036 27.09%
VOLUME (IDR trillion)
Correspondent Banking Business 68,261 60,905 7,356 12.08%
Banknotes Business 60,063 56,423 3,640 6.45%
TOTAL TRANSACTIONS
Cross Border Payment Business 14,875,504 11,490,099 3,385,405 29.46%
International Business recorded significant performance growth in 2023. This revenue growth originated from three business
throughout 2024. International Business revenue reached segments: correspondent banking business, cross-border
IDR1.85 trillion, growing by 27.09% compared to IDR1.45 trillion payment business, and banknotes business.
Graph of Volume Correspondent
Graph of Volume Banknotes Business
Banking Business
(dalam miliar Rupiah) (dalam miliar Rupiah)
70,000 61,000
68,000 60,000
66,000 12.08% Yoy 59,000 6.45% Yoy
64,000 58,000
62,000 57,000
60,000 56,000
60,905
68,261
56,423
60,063
58,000 55,000
56,000 54,000
2023 2024 2023 2024
Correspondent banking business made the largest revenue Banknotes business contributed revenue with a total transaction
contribution from bank-to-bank transactions with underlying trade, volume of IDR60.06 trillion, growing by 6.45%. These transactions
such as trade asset participation, refinancing LC/SKBDN, bank-to- came from the money changer services across all operational
bank forfaiting, bankers’ acceptance, bank loans, as well as the units and BRI money changer outlets.
issuance of bank guarantees based on counter guarantees from
correspondent banks and confirmation LC/SKBDN. The transaction
volume reached IDR68.26 trillion, growing by 12.08%.
PT Bank Rakyat Indonesia (Persero) Tbk 243
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Management Discussion and Analysis
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Graphic of Total Cross-Border Payment Business Transaction
16,000,000
14,000,000
12,000,000
29.46% Yoy
10,000,000
8,000,000
6,000,000
4,000,000
11,490,099
14,875,504
2,000,000
0
2023 2024
Cross border payment business grew by 29.46% compared to 3. Correspondent Banking Business Strategy
2023, with a total of 14.88 million transactions. This achievement a. Increase correspondent banking transactions by
in the cross-border payment business was supported by the onboarding new correspondent banks and maintaining
growth in international trade transactions and a network of existing relationships, while managing product portfolio
partnerships with global partners. The largest transaction concentration and risk levels.
volumes came from the Indonesian diaspora in countries such b. Measure risks in every correspondent banking activity,
as Malaysia, Singapore, Brunei, Taiwan, Hong Kong, South Korea, considering market conditions, bank health, bank ratings,
Japan, UAE, and Saudi Arabia. and interest rate fluctuations to optimize revenue for
BRI.
International Business Strategy 2024 c. Enhance the capabilities of Correspondent Banking
The strategy for International Business in 2024 is outlined as Relationship Managers (RM) through cooperation with
follows: BRI Corporate University, offering education and product
1. Cross Border Payment Business Strategy specialist certification.
Committed to providing inbound and outbound cross-border 4. Overseas Channel Management and Development Strategy
payment services through: a. Act as business intermediaries for BRI Headquarters, BRI
a. Integration of network systems from global Money Group, and other overseas units.
Transfer Operator (MTO) companies to expand service b. Increase international business and treasury
enhancements. transactions, positioning BRI New York Agency as a USD
b. Expansion of outward international transfer channels via clearing service provider in Southeast Asia.
the SuperApps digital application platform to increase c. Make BRI Singapore Branch the Financial and Trade Hub
market penetration in the retail segment. in Southeast Asia by improving trade finance, corporate
c. Bank Representatives (BR) as catalysts for Indonesian- lending/syndication, and treasury products.
related businesses to use BRI services. d. Digitalize banking services to improve customer
2. Banknotes Business Strategy transactions and support BRI Taipei Branch as a payment
a. Digitalization of Money Changer Transactions gateway for the East Asia market.
In support of the government’s cashless program, BRI e. Strengthen BRI Timor Leste’s business by diversifying
facilitates banknotes purchases at money changer its business segments and adding temporary outlets to
outlets/BRI operational units using QRIS, so customers optimize operations.
don’t need to prepare cash for purchasing banknotes. f. Support the activities and promotion of Indonesian
b. BRI SAR Provider MSMEs abroad.
Acquiring travel hajj and umrah services to expand the g. Implement the follow customer business concept to
retail banknotes market to prospective pilgrims needing enhance BRI’s overseas operations.
small-denomination SAR banknotes, as part of becoming
a BRI SAR Provider and to accommodate customers’
needs for BRI’s other products and services.
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5. Bank Line Management Strategy - Serving 22 currencies, including USD, EUR, AUD, JPY,
a. Develop the BRISPOT Bank Line application to accelerate SGD, GBP, SAR, THB, HKD, CNY, NZD, AED, MYR, BND,
initiatives and decisions related to bank lines. CHF, KRW, PGK, CAD, TWD, PHP, INR, and VND, with a
b. Provide optimal support for issuing bank lines that mix of fast, medium, and slow currencies.
support international business and treasury needs while - Offering banknotes in various currencies and
maintaining credit quality. denominations, maintaining high quality.
c. Keep updated with the banking industry in countries with b. Innovation
high exposure or risk. - To enhance market penetration and mitigate currency
d. Evaluate Customer Profitability Analysis (CPA) for bank exchange fluctuations, we offer transactions with a
lines. same-currency mechanism.
- Cashless money changer transactions via QRIS, so
Competitive Advantages and Innovations International customers don’t need to prepare cash for purchasing
Business banknotes at BRI’s outlets.
The competitive advantages and innovations in International - Developing BRI Money Changer outlets at
Business are outlined as follows: international tourist entry points like airports and
1. Cross Border Payment Business border areas to increase banknotes circulation at
a. Competitive Advantage Border Crossings.
- Having bank representatives and subsidiaries in - Integrated services for umrah and hajj travel
major destinations for Indonesian Migrant Workers agencies through an ecosystem designed to meet
(Malaysia, South Korea, Japan, Hong Kong, Saudi customer needs for both banknotes and other BRI
Arabia, UAE, Germany, and the USA) to facilitate products.
superior financial and banking services. 3. Correspondent Banking Business
- A network of more than 100 counterpart companies a. Competitive Advantage
globally, facilitating easy access for customers who - A wide correspondent network with over 1,200 banks
need cross-border transfer services. globally.
- Outward cross-border payment services supporting - Offers various secondary market products to
over 140 currencies globally. accommodate the borrowing and/or lending needs
- Local currency settlement services for Malaysian of correspondent banks.
Ringgit (MYR), Thai Baht (THB), Japanese Yen (JPY), - A broad network of operational units across
and Chinese Yuan (CNY). Indonesia, with competitive marketing and
b. Innovation operational staff, ensuring services are performed
- Multiple channels for outward international within SLA.
transfer services through the SuperApps BRImo and b. Inovasi
QLola platforms, offering ease of transactions for - Implementing a variety of correspondent banking
customers. products to serve liquidity needs for both domestic
- Inward cash transaction services through BRILink and foreign banks in Indonesia.
agents. - Providing fast and efficient services (same-day
- Inward application collaborating with BRI service) for issuing bank guarantees based on
counterparts. counter guarantees from correspondent banks.
2. Banknotes Business 4. Overseas Channel Management and Development
a. Competitive Advantage a. Competitive Advantage
- Offering the best exchange rates for customers with - Availability of financing sources and a diverse range
fast negotiation processes during business hours. of products and services catering to customers,
- Professional management of banknotes stock, including export-import businesses in Indonesia and
supported by infrastructure such as money detectors partner countries.
and expert personnel to maintain the quality of - Access to global banking services to optimize yield,
banknotes. especially through USD Clearing Services to banks.
- A widespread network of banknotes businesses
throughout Indonesia, available across BRI’s
branches, sub-branches, cash offices, and BRI units.
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Management Discussion and Analysis
on Bank Performance
- Availability of reliable digital services for both retail b. Business Strategy
and wholesale customers abroad, supported by - Enhance inward business and strong penetration for
strong IT management. outward business
- Providing access for MSMEs to expand their - Integrate network systems with global Money
businesses into international markets. Transfer Operator (MTO) companies to expand
- Acting as a business catalyst for other business service improvements.
segments through referral business. - Outward/international transfer services through
- Maintaining strong business relationships with both the SuperApps BRImo platform to expand the retail
banking and non-banking institutions in various segment and QLola for the corporate segment.
countries. - Network expansion to new countries with potential
b. Innovation inward transactions from Indonesian Migrant
- Developing new products and services to meet the Workers (PMI).
needs of customers in BRI’s overseas channels. - Remittance expansion services for customers
- Implementing digitalization in banking products and through inward/outward features to e-wallets,
services across all BRI overseas channels. BRILink agents, and digital savings.
- Collaborating with agencies to improve business 2. Banknotes Business
matching, referral business, and other partnerships. a. Business Prospect
5. Bank Line Management - With the reopening of international tourism as well
a. Competitive Advantage as Hajj and Umrah, the prospects for the banknotes
The separation of bank line initiative functions from business are significantly increased. Currently, the
marketing functions, enabling focused management of diversification of the banknotes business into the
bank lines to improve customer service. retail segment has expanded, driven by the growing
b. Innovation number of travelers going abroad and the influx of
Streamlining business processes through automation of foreign tourists from various countries.
bank line initiatives and enhancing bank line dashboards - Numerous regions in Indonesia share direct borders
for better risk management. with other countries, resulting in a substantial
volume of banknotes transactions in these areas.
Business Prospect and International Business Strategy in This indicates that the cash-based transactions in
2025 these regions present an opportunity to expand the
International Business BRI keeps its attempts to enhance the money changer business.
productivity in the middle of global uncertainity and keep the b. Business Strategy
service quality to fulfil the dynamic business needs of customers. - Digitalization of money changer transactions
International Business BRI also committed to improve BRI through QRIS to facilitate retail customers to
income through the increase in transaction volume, including purchase banknotes without carrying cash.
correspondent banking business, cross-border payment business, - The Hajj and Umrah ecosystem to serve the
and banknotes business. To achieve this, BRI International banknotes SAR needs of prospective pilgrims, as well
Business in 2025 has the following prospects and strategies: as to accommodate customer needs with other BRI
1. Cross Border Payment Business products.
a. Business Prospect - The establishment of money changer outlets at
- The Inward PMI business, starting to recover international tourist entry points and in border
post-C-19 pandemic, is marked by an increase in the areas, such as at Border Crossings (PLBN).
number of Indonesian Migrant Workers deployed. 3. Correspondent Banking Business
- Network expansion with global counterpart a. Business Prospect
companies that can drive an increase in inward and - The government’s policy to boost economic
outward transactions. activity by promoting development through
- Addition of retail-based customers for outward strategic government projects presents a significant
transactions/international transfers through the opportunity for the Correspondent Banking Business,
digital application platforms such as SuperApps particularly in terms of issuing Bank Guarantee
BRImo and QLola. Under Counter Guarantee to secure the successful
- Transaction improvements through SWIFT MT101 implementation of government projects.
and MT940 services by non-bank multinational - The potential reduction in reference rates presents
company clients with business networks in Indonesia. an opportunity for BRI to acquire more assets from
- Increase in inward BRIFast Cash transactions (cash secondary market transactions by becoming a lender
withdrawals) by walk-in customers. in transactions such as trade asset participation,
refinancing of LC UPAS/UPAU, and interbank forfaiting.
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b.Business Strategy - Conducting studies and establishing BRI’s overseas
- Actively contribute to strategic projects by providing channel in new countries with business potential to
bank guarantee issuance services based on counter become a new income source for BRI.
guarantees from correspondent banks and actively - Developing new products to provide the best services
collaborate with BRI’s regional offices, the relevant for both corporate and retail customers of BRI’s
Wholesale Division, and BRI’s overseas channels overseas channel.
to enhance business referrals for bank guarantees - Enhancing business referrals from BRI’s overseas
based on counter guarantees. channel by acting as a business catalyst for other
- Actively engage in front-loading transactions business segments.
that generate interest income to optimize yield - The BRI Internship Program aimed at enhancing BRI’s
enhancement in correspondent banking business human capital capabilities and assisting BRI’s overseas
transactions. channel in developing business activities abroad.
- Actively coordinate with the Treasury Business 5. Bank Line Management
Division and Asset & Liabilities Management Desk a. Business Strategy
at BRI regarding liquidity, interest rate volatility, and - BRISPOT Bank Line application enhancement to
projected minimum returns that serve as the basis accelerate bank line initiatives and decisions.
for transactions. - Digitalization of Customer Profitability Analysis
4. Overseas Channel Management and Development (CPA) for bank lines to accelerate the process and
a. Business Strategy improve the calculacy accuration
- Implement new business exploration through license - Optimal support in providing bank lines that support
upgrading existing BRI overseas channel International and Treasury business needs while
- Strengthen BRI’s existing overseas channel business for maintaining loan quality.
asset and liability optimization as a profit contributor. - Banking Industry update for countries with high
- Expanding into new markets to enhance the coverage exposure or risk
of BRI’s existing overseas channel business area. - Development of learning machine for analysis
process eficiency to initiate bank line.
CAPITAL MARKET SUPPORTING BUSINESS
Capital Market Supporting Business (Investment Services Business) product in the industry, up to now DPLK can manage the
focuses on developing investment support service for two business Defined Contribution PensionProgram (PPIP) which can be
ecosystems: Human Resources Ecosystem of customers and participated in individually or corporately or in collaboration,
Support Ecosystem of Capital Market Investment. In the Human the Post-Employment Compensation Fund Management
Resources Ecosystem, Financial Institution Pension Funds through Program (PPDKP) which canbe used as an alternative funding
BRIFINE (BRI Future Investment) products assists the corporate for Severance Fund reserves/Post-Employment Funds
and individual customers to prepare their wealth for retirement. for Companies. Health Compensation Fund Management
In the supporting ecosystem of capital market investment, BRI Program (PPDSK) as a Health Fund reservefor the Company.
offers several excellent services, namely Custodian Bank Service, Apart from that, BRI DPLK has complete and varied
Trustee Services and Wali Aamanat, as well as Paying Banks and investment options that participants can choose from,
Administrator Bank of Customer Fund Account (RDN) including BRIFINE Pasar Uang (Money Market), BRIFINE
Pendapatan Tetap (Fixed Income), BRIFINE BRI Saham
The products and services offered by the Capital Market (Equity), BRIFINE BRI Pasar Uang Syariah (Sharia Money
Supporting Business include the following: Market), BRIFIN BRI Berimbang Syariah (Balanced Sharia).
1. Financial Institution Pension Funds For conventiona investment package options, Financial
Financial Institution Pension Funds BRI became an organization Institution Pension Funds BRI also has a Combination
under the auspices of its founder, in this case PT. Bank Rakyat feature where participantscan determine their own desired
Indonesia (Persero) Tbk, with the BRI Directors acting as the combination according to each participant’s risk profile.
Financial Institution Pension Funds BRI Management and 2. Custodian Service
the BRI Board of Commissioners as the Financial Institution BRI has been performing its business as Custodian Bank since
Pension Funds BRI Supervisory Board. Financial Institution 1996 and has become the largest Custodian Bank in Indonesia.
Pension Funds BRI began operating on January 9, 2006 and BRI Custodian Services is the safekeeping and administration
has managed Participant funds for approximately 18 years with of securities. BRI Custodians also represent customers in the
assets as of December 2024 of IDR26.91 trillion. General Meeting of Shareholders and General Meeting of Bond
Financial Institution Pension Funds BRI is a Financial Holders in connection to the securities they own.
Institution Pension Funds with the most complete
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Management Discussion and Analysis
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3. Trustee Services 4. Trustee Services
BRI obtained permission to act as Trustee by being registered BRI is the first bank in Indonesia to obtained Principal Approval
with BAPEPAM (now the Financial Services Authority) No.08/ (BI Letter No.15/19/DPB1/PB1-3) and Confirmation Letter (BI
STTD WA/PM/1996 dated June 11, 1996. BRI is highly Letter No.15/30/DPB1/PB1-3) from Bank Indonesia to carry out
experienced in the trust business and is trusted by various Trustee Services in March 2013. Services provided by BRI Trust
Indonesian StateOwned Enterprises (SOE), banks and include payment agent, investment agent and borrowing agent.
other corporations to issue obligation and Medium-Term
Notes (MTN). BRI understands its duties as Trust provider
to represent and protecting the interests of bond or MTN
holders in accordance with provisions in the Trust agreement
Table of Capital Market Supporting Services Business Performance (Productivity)
(in IDR Mllion)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fee Based Income 360,101 322,624 37,478 11.62%
Custodian Management Assets 1,412,304,310 1,288,847,232 123,457,078 9.58%
DPLK Management Assests 26,912,513 23,594,974 3,317,539 14.06%
Fee based income from the capital market support services d. BRI DPLK adheres to the principles of sustainable
business in 2024 reached IDR360.10 billion, an increase of 11.62% investment in its investment management practices to
compared to 2023 which reached IDR322.62 billion. This increase deliver long-term value to participants in a secure and
was due to the addition of customers/clients with a collaboration sustainable manner.
strategy with the BRI Division and digital transformation. e. BRI DPLK has a dedicated risk management unit within
its organizational structure, responsible for controlling
Capital Market Supporting Services Business Strategy in 2024 risks inherent in investment activities.
The Capital Market Support Services business in 2024 has the f. BRI DPLK services are integrated with BRI office networking
following strategies: g. BRI DPLK services can be accessed through digital
1. Scale Up by increasing business scale through the acquisition channels via BRImo and the BRI DPLK microsite.
of new sources of growth. 2. Custodian Services
2. Scope Up by enhancing the efficiency and effectiveness of a. Customization, services that can be adjusted to meet the
business processes through a new business model. specific needs of clients, including reports that can be
3. Implementing operational excellence to deliver the best aligned with their requirements.
services to customers. b. One-stop service, a comprehensive service model
through relationship officers that provides convenience
Capital Market Supporting Services Business Competitive and ease for clients.
Advantage and Innovation c. Reliable, supported by a robust information technology
The description of the competitive advantages and business system and experienced professionals in accounting, tax
innovations of Capital Market Support Services is explained as and reporting, settlement, and compliance.
follows: d. Experienced, with a proven track record in managing a
1. Financial Institution Pension Funds diverse range of securities, mutual funds, unit-linked
a. BRI DPLK has shown the highest growth in Assets Under products, Fund Management Contracts (KPD), asset-
Management (AUM) over the past 5 (five) years, with a backed securities, and private placements.
total absolute growth of IDR10.3 trillion. e. Global network, connected to the international central
b. BRI DPLK has been entrusted with managing 969 securities depository Euroclear for global securities
partnerships, including institutions, state-owned transactions.
enterprises (BUMN), regional-owned enterprises (BUMD), f. Competitive fees, custodian service fees tailored to the
and private companies across various sectors. complexity of the services provided.
c. The fund management approach for participation in BRI
DPLK can be implemented through two management
concepts: general fund and discretionary fund.
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g. Extensive network, BRI Custodian collaborates with d. Equipped with a reliable and experienced team and
trusted asset managers and the entire BRI network, infrastructure.
both domestically and internationally, ready to assist in e. Provide top-tier human resources to provide solutions
finding solutions for clients’ investment needs. based on the clients’ needs.
3. Trustee Services
a. Trusted to serve as the custodian for over 150 bond Business Prospect and Strategy for Capital Market Supporting
issuances and 52 issuers. Services Business in 2025
b. Consistently adhering to all regulations since being The BRI Capital Market Supporting Business continues to strive to
registered as a trustee in 1996. improve the productivity in the midst of rising business challenges
c. Experienced in managing a diverse range of business and dynamic situations of national and global economies. BRI’s
sectors, including banking, multifinance, infrastructure, Capital Market Support Services business is also committed to
real estate, mining, healthcare, energy, media, and more. increasing the company’s revenue contribution through the
d. Possesses top-tier human resources to effectively enhancement of fee-based income. To achieve this, the Investment
perform duties and responsibilities as a trustee. Services Division of BRI in 2025 has the following strategies:
4. Trustee Services 1. Providing new value propositions and solutions by committing
a. Experienced in managing client funds as a paying agent to sustainability principles.
and escrow agent in the real estate and oil & gas sectors. 2. Market deepening and market development targeting
b. Experienced as an escrow agent in syndicated/bilateral potential clients.
loans. 3. Enhancing collaboration with related divisions and subsidiary
c. Experienced in managing international clients as an companies.
escrow agent or security agent. 4. Enhancing operational services through digitalization.
Subsidiary
The Business Segment of Subsidiary Entities includes conventional BRI Danareksa Sekuritas (formerly PT Danareksa Sekuritas), PT BRI
banking, financing services, remittance services, life insurance, Ventura Investama, PT BRI Asuransi Indonesia (formerly PT Asuransi
general insurance, venture capital, securities, and investment Bringin Sejahtera Artamakmur), PT Pegadaian, PT Permodalan
management. BRI has 10 (ten) subsidiaries, namely; PT Bank Raya Nasional Madani, and PT BRI Investment Management (formerly PT
Indonesia Tbk (formerly PT Bank Rakyat Indonesia Agroniaga Tbk), BRI Danareksa Investment Management). Description The performance
Global Financial Services Ltd. (formerly BRI Remittance Co. Limited of BRI’s subsidiaries is presented as follows.
Hong Kong), PT Asuransi BRI Life, PT BRI Multifinance Indonesia, PT
PT Bank Raya Indonesia Tbk, hereinafter referred to as “Bank Dana Pensiun Perkebunan (Dapenbun) in Jakarta, BRI officially
Raya” or “the Bank,” was established by Dana Pensiun Perkebunan became the Controlling Shareholder of PT Bank Agroniaga Tbk,
(Dapenbun) on September 27, 1989, under the name PT Bank and the Bank’s name was changed to PT Bank Rakyat Indonesia
Agroniaga, hereinafter referred to as Bank AGRO. It is expected Agroniaga Tbk, with the commercial name BRI Agro.
to play a significant and strategic role in the development of the
agribusiness sector in Indonesia, with the Bank’s loan portfolio On September 27, 2021, the General Meeting of Shareholders
predominantly allocated to the agribusiness sector, both off-farm (GMS) approved the name change of the Bank to PT Bank Raya
and on-farm. Indonesia Tbk, with the commercial name Bank Raya. The Bank
received the Approval for the Use of the Business License under
Bank AGRO subsequently became a public company listed on the name PT Bank Rakyat Indonesia Agroniaga Tbk to PT Bank
the Indonesia Stock Exchange based on Bapepam-LK Letter No. Raya Indonesia Tbk through the copy of the Deputy Commissioner
S-1565/PM/2003 dated June 30, 2003, resulting in the company’s of Banking Supervision I, OJK Decision No. Kep-65/PB.1/2021
name change to PT Bank Agroniaga, Tbk. In 2006, Bank AGRO dated November 1, 2021, via Letter No. S 426/PB.12/2021 dated
upgraded its status to a Foreign Exchange Commercial Bank November 5, 2021. Additionally, the Bank received approval for
based on Bank Indonesia Governor’s Decree No. 8/41/Kep. the logo change from OJK through Letter No. S-250/PB.31/2021
GBI/2006 dated May 8, 2006. Then, on March 3, 2011, with the dated November 9, 2021, regarding the Approval of the Bank’s
signing of the Share Acquisition Deed of PT Bank Agroniaga, Logo Change.
Tbk. between PT Bank Rakyat Indonesia (Persero), Tbk. (BRI) and
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To strengthen the Bank’s positioning as the digital bank of In accordance with the Extraordinary General Meeting of
the BRI Group, on November 1, 2023, Bank Raya effectively Shareholders (EGMS) of PT Bank Rakyat Indonesia Agroniaga Tbk,
adopted a new logo as its corporate identity, incorporating the Deed No. 23 dated September 27, 2021, approval was granted for
words “Bank” and “BRI Group” into the logo. This logo change the amendment of the Company’s Articles of Association, Article
is in accordance with OJK Letter No. S-83/PB.212/2023 dated 1, paragraph (1), to change the Company’s name from “PT Bank
November 1, 2023, regarding the Plan to Change the Logo of PT Rakyat Indonesia Agroniaga Tbk” with the commercial name BRI
Bank Raya Indonesia Tbk. 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 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Loan 7,125,951 6,893,331 232,620 3.37%
- OS Digital Loan 2,290,476 1,261,387 1,029,089 81.58%
- Digital Loan Distribution 20,575,738 10,827,192 9,748,546 90.04%
Total Third Party Fund 8,133,782 8,185,975 (52,193) (0.64%)
- Digital Fund volume 1,318,967 1,200,367 118,600 9.88%
Total Asset 13,158,236 12,440,642 717,594 5.77%
In 2021, Bank Raya began its transformation into a digital bank by lending, which reached IDR7.13 trillion in December 2024, up
providing digital product services that had the characteristics of a from IDR6.89 trillion in December 2023. However, third-party
small ticket size (smaller), short term (shorter) and fast digitalbased funds decreased from IDR8.19 trillion in 2023 to IDR8.13 trillion
services (faster). This transformation aimed to optimally capture in 2024. Despite this, the overall result was a significant increase
business opportunities in the MSME segment in Indonesia, primarily in net profit, which reached IDR50.27 billion in 2024, compared
by focusing on providing digital banking services to the micro and to IDR24.35 billion in December 2023.
small segments. With the transformation process that focused
on digital business development, this resulted in changes to the The performance of Bank Raya’s digital products also
structure of Bank Raya’s asset and liability portfolio, namely the demonstrated significant growth. Bank Raya’s digital loans
composition of digital-based assets and liabilities was increasing consistently increased from IDR1.26 trillion in December 2023
compared to the non-digital portfolio to IDR2.29 trillion in December 2024, representing an 81.58%
growth. This resulted in the proportion of digital loans to
In order to become a digital bank that provides digital banking total loans rising from 18.30% in December 2023 to 32.14%
services to the micro and small segments, Bank Raya has in December 2024. Furthermore, the nominal value of digital
implemented several strategic steps for both digital loan and loan disbursements also showed remarkable growth, rising
digital savings products. These include strengthening the from IDR18.82 trillion in December 2023 to IDR20.58 trillion in
business fundamentals by introducing innovations that enhance December 2024, marking an 90.04% increase. Digital deposit
the value proposition of digital loan products, particularly through volume also saw an increase, growing from IDR893 billion in
integrating digital loan products with partners, especially digital December 2023 to IDR1.32 trillion in December 2024, reflecting
platform providers. Additionally, for digital savings, this includes a 57.16% growth, with its proportion to total deposits rising from
the development of Raya for Business and Raya for Community. 10.25% in December 2023 to 16.22% in December 2024.
Furthermore, Bank Raya has also optimized business growth
through scale-up and scope-up strategies, both within the The growth in digital loans and digital deposits demonstrates
internal ecosystem and externally within the BRI Group. that Bank Raya’s transformation into a digital bank has been
progressing well and has had a positive impact on the structure
In 2024, the performance of Bank Raya’s digital products of Bank Raya’s business portfolio. However, the transformation
continued to show improvement. This was marked by an increase process, which focuses on the development of digital business,
in total assets, which grew from IDR12.44 trillion in December has brought changes to the overall portfolio of Bank Raya’s
2023 to IDR13.15 trillion in December 2024, representing a business.
5.77% increase. This growth was driven by an increase in total
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PT Bank Raya Indonesia Tbk Strategy in 2024 15. Scaling up existing business operations and expanding the
Bank Raya’s strategy for 2024 is to focus on strengthening its scope of business beyond the previous period.
business fundamentals and improving the quality of assets and 16. Collecting customer transaction data to develop customer
deposits, through the optimization of the internal business behavior profiling for use in the credit scoring engine.
ecosystem within the BRI Group. Several strategic steps that will
be taken during the strengthening period are as follows: PT Bank Raya Indonesia Tbk Competitive Advantage
1. Strengthening the value proposition of digital savings and Innovation
products through the development of: In seeking to achieve its business targets, Bank Raya has several
a. Raya for Business for fund management, transactions, main strength factors so that it is able to compete in the
and payroll for business operators. Indonesian banking industry, namely
b. Raya for Youth for fund management and transactions 1. Digital bank with a strong O2O network throughout Indonesia
for the younger generation. with BRI Group synergy
c. Raya for Community for fund management and 2. Digital saving products with various features and
transactions for communities. conveniences according to people’s needs, as well as digital
d. Virtual card. lending products that can meet various customer needs,
e. Financial wealth management through the development both to meet consumer needs, bailout funds for productive
of investment features and DPLK (Pension Fund businesses, invoice/vendor financing, as well as supply chain
Management). financing for the micro and small
2. Strengthening the value proposition of digital lending 3. Bank Raya is part of the BRI Group, so it can optimize the
products through product enhancements, including: business potential of the BRI Group in the MSME Segment,
a. Integration of digital lending products with partners, including for the loan segment through collaboration with
particularly digital platform providers. the BRILink Agent ecosystem, workers from companies with
b. Expansion of the digital lending product structure to payroll at BRI, supply chains from BRI Group businesses, as
meet customer needs. well as for segments savings through Raya collaboration and
3. Implementation of hybrid collection by combining the BRImo application, cash in cash out transactions via BRI
technology and human intervention (WA blast, robo calls, e-channel and BRILink Agent.
and field collection). 4. Increasing technological and information capabilities to support
4. Continue the development and marketing of Raya Open API solid business growth, including through the development of
and Acquiring QRIS. big data technology, the development of a Fraud Detection
5. Develop Laku Pandai services to enhance financial inclusion. System (FDS), the development of a credit scoring engine with
6. Develop embedded finance that integrates banking services, automated machine learning, reliable IT-based services and ISO
including open API, white labeling, and loan channeling. 27001 Certification certification. IT services with features and
7. Integrating technology and business through the security in the form of two factor authentication, transaction
development of fraud detection for all digital products. notification, biometric authentication, and limit monitoring, as
8. Enhancing the credit scoring engine by utilizing machine well as developing customer complaint handling through the
learning for digital lending products. Sapa Raya Application.
9. Enhancing and developing the bank’s technology 5. Bank Raya has developed the Raya Apps with various
infrastructure through initiatives such as adopting hybrid outstanding Saku features.
cloud technology (public and private cloud), upgrading a. Saku Utama as the primary account for transactions and
security tools (privileged access management, mobile receiving money.
security, security awareness tools), and other initiatives. b. Saku Bujet to help manage financial allocations for
10. Improving governance processes through the formulation various needs.
and evaluation of supporting policies, including market c. Saku Pintar to assist with regular savings through the
conduct, partnership feasibility, and other relevant policies. auto-debit feature.
11. Strengthening the second line of defense through the d. Saku Jaga to help allocate unexpected funds with the
implementation of Business Risk Management (BRM). locking feature and higher interest rates compared to
12. Enhancing risk awareness culture through the implementation other Saku products.
of a risk culture framework. e. Saku Bareng provides access to shared savings and
13. Creating new sources of growth (new engine of growth), with transactions, ideal for communities.
an initial focus on transaction and savings solutions. f. Saku Bisnis is a specialized account, distinct from
14. Creating and developing new markets beyond the internal personal accounts, designed for managing the
business of BRI Group. customer’s business finances.
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Business Prospect and Strategy for 2. Strategy
PT Bank Raya Indonesia Tbk in 2025 As part of its efforts to achieve the company’s Vision and
1. Business Prospect Aspirations, several strategic steps have been outlined to
Regarding Bank Raya’s business prospects for 2025, the bank develop the business, primarily focusing on the development
has divided its business segments or growth levers into three of digital productive lending, digital consumptive lending,
(3) business segments, namely: funding and transactions, as well as value chain business.
a. Digital Productive Lending a. Digital Productive
Productive loans play a crucial role in supporting The bank will develop digital products for the productive
economic activities such as working capital and sector, with the primary target being the SME segment.
investments, which directly impact economic growth. Several strategic steps will be taken by the bank in the
An increase in productive loans can help strengthen development of digital productive products, including
productive sectors in Indonesia, provide a stimulus for continuous product development according to customer
small and medium-sized enterprises (SMEs), and create needs, optimizing product sales through the bank’s
new job opportunities. Therefore, for banks, focusing existing network, and expanding partnership networks
on the distribution of productive loans is a strategic that serve as ecosystems for digital productive products,
step to support the economy while also enhancing their with the following details:
portfolio in the long term. The distribution of SME loans - Product development to serve the needs of
in Indonesia has also experienced rapid growth, with a customers, particularly the SME segment, through
CAGR of 5.77% over the past five years. However, this the continuous improvement of existing digital
growth still does not cover the loan distribution to all products, beyond banking solutions, embedded
potential SMEs. Around 70% of SMEs have not yet utilized finance, and the digitization of sales support
credit products from banks or other financial service systems. This includes the development of AI-based
providers. With the rise of new players focusing on the sales tools and data analytics.
SME segment, there is significant potential in targeting - Increasing product sales by optimizing the potential
SMEs that have not yet accessed formal funding. of the BRI Group ecosystem and prudently
b. Digital Consumptive Lending penetrating the market beyond BRI Group, with the
Currently, Bank Raya offers digital loan services in the primary target markets being agency businesses,
consumer segment in the form of salary-based loans supply chains from both internal and external
for employees using payroll from BRI Group, through ecosystems, as well as other SMEs working based
the Pinang Flexi and Flexi Extra products. Targeting on invoices. The acquisition process will be carried
employees with payroll from BRI Group helps mitigate out using the Online to Offline (O2O) method,
business risks and simplifies the credit scoring process. enabling Bank Raya to continuously expand access
Market penetration beyond salary-based loans can be or touch points through both internal and external
achieved through collaborations with partners who are ecosystems.
directly involved with customer transactions, both online - Expanding the partnership ecosystem as a source
and offline. of growth for digital productive products. The
c. Funding and Transaction expansion of the partnership ecosystem will be
Currently, digital banks have targeted various market carried out at the national level, including entities
segments with diverse income levels to gather third-party within the BRI Group, state-owned enterprises
funds. Bank Raya will focus on optimizing the potential (SOEs), affiliate companies, private companies,
of customers from the Gen Z and Millennial segments. and digital platforms. Additionally, the partnership
Data shows that Gen Z, known as digital natives, process at the operational regional level, such as
contributes significantly, accounting for about 60% of community branches or local partnerships, will
the total digital banking customers in Indonesia. The continue to expand, with the primary target being
unique characteristic of this segment is that the majority communities and key business clusters.
are workers who already have income. Meanwhile, the b. Digital Consumptive
Millennial segment is also crucial, contributing around The bank will develop digital consumptive products with
40% of the total customers, and is characterized by the primary target market being the productive age
having the highest income and expenditure levels. group with good digital literacy (Gen Z and Millennials).
Several strategic steps will be taken, including continuous
product development according to customer needs,
expanding the partnership ecosystem, and digitizing
business processes, with the following details:
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- Continuous improvement of existing digital products, - Developing the Raya App as an Integrated Banking
specifically payroll-based loans, development of App by integrating all Bank Raya products and
consumptive loan products for non-payroll or mass services into the Raya App.
market (paylater), and embedded finance. - Expanding collaborations for Cash In Cash Out (CICO)
- Expanding the partnership ecosystem as a source through both the BRI Group ecosystem and external
of growth for digital consumptive products, which ecosystems.
includes entities within the BRI Group, state-owned - Developing agency business, both for Bank Raya’s
enterprises (SOEs), affiliate companies, private agency business and beyond Bank Raya.
companies, and digital platforms. d. Value Chain Business
- Digitizing the collection process with a hybrid The bank will develop and optimize the potential of
collection concept that combines technology-based value chain business sourced from both internal and
collection processes (AI) and human resources. external business ecosystems. Additionally, Bank Raya
c. Digital Funding and Transaction will develop products and services tailored to the needs
The bank will develop digital funding products and of the value chain business ecosystem. Several strategic
transaction features within the Raya App, aiming to steps the bank will take include:
increase the amount of low-cost funding through - Expanding the partnership ecosystem for value
digital savings and fee-based income from customer chain business collaborations, both with internal
transactions in the Raya App. Several strategic steps the and external business ecosystems. This includes
bank will take include: medium-sized and corporate customers from Bank
- Developing features to enhance customer Raya and BRI, as well as external ecosystems such as
convenience and encourage transactions, including state-owned enterprises (SOEs) and non-SOEs.
wealth management, payment, banking as a service, - Developing products and services based on the needs
embedded finance, financial management, and other of the value chain business ecosystem, including
features. cash management systems, digital lending, digital
savings, and other digital products.
BRI Global Financial Services Company Limited is a subsidiary and 1 (one) management office in Hong Kong. The main business
of PT Bank Rakyat Indonesia (Persero) Tbk, established in Hong of BRI Global Financial Services Company Limited includes
Kong on April 7, 2005, under the name BRIngin Remittance. The remittance services to Indonesia and other countries, money
company was initially acquired by BRI in 2012 and changed its exchange, value-added services related to the parent company’s
name to BRI Remittance Company Limited. With the expansion products, forex dealing solutions, and loan/financial services for
of its business, in 2023, the company rebranded as BRI Global individuals (Indonesian Migrant Workers/PMI) and SMEs related
Financial Services Company Limited. Currently, BRI Global to Indonesia in Hong Kong.
Financial Services Company Limited operates 4 (four) branches
Table of BRI Global Financial Services Co. Ltd Performance (Productivity)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Transaction 456,538 463,063 (6,525) (1.41%)
Nominal Transaction Amount (HKD) 1,314,503,597 1,256,912,406 57,951,191 4.58%
Asset (HKD) 20,329,158 12,446,413 7,882,745 63.33%
Asset (IDR Billion) 42.14 24.23 17.61 71.79%
Notes: 1 HKD exchange rate as of 31 Desember 2024 = IDR2,073.110
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The assets of BRI Global Financial Services Co. Ltd in 2024 engine growth) in the form of lending services for individuals
amounted to IDR42.14 billion, representing a 71.79% increase with a target market of Indonesian Migrant Workers, providing
compared to IDR24.53 billion in 2023. This increase was driven short term financing services to remittance companies that
by higher retained earnings, which directly contributed to the need funds during banking holidays, as well as providing
asset growth. The largest increase came from Non-Current trade financing (invoice financing) services to Indonesian
Assets, amounting to HKD 5.75 million, consisting of loans and related Small Medium Enterprises (SME) importers in Hong
placement instruments (investments). Kong
2. Diversifying sources of income by becoming a forex
The revenue of BRI Global Financial Services Co. Ltd in 2024 dealing solution provider for BRI Global Financial Services
amounted to IDR29.69 billion, a 45.40% increase compared counterparts and BRI counterparts.
to IDR20.42 billion in 2023. The top three contributors to the 3. Collaborating with counterparts for new corridors such as
highest revenue were forex gain, remittance fees, and value- Japan, Macau, Taiwan, Korea and the Philippines
added services related to BRI products. Additionally, a new
revenue source was introduced, with loan interest amounting BRI Global Financial Services Co. Ltd Competitive Advantage
to HKD 698,000 as of December 2024. This represents a new and Innovation
income stream for the company, which has been fully operational BRI Global Financial Services with its remittance products has
throughout 2024. been the choice of Indonesian Migrant Workers in Hong Kong for
years to send money to their families in Indonesia. Being part of
BRI Global Financial Services Co. Ltd has successfully developed the BRI Group is a competitive advantage for BRI Global Financial
a new growth engine by serving foreign exchange remittance Services, BRI Global Financial Services customers are also
transactions both in Hong Kong and beyond, including Taiwan, savings customers of BRI Bank. BRI Bank’s network that reaches
South Korea, Japan, Malaysia, Brunei Darussalam, and the United all corners of Indonesia makes BRI Global Financial Services the
Arab Emirates (UAE). Additionally, with the acquisition of a money main choice for Indonesian Migrant Workers to send money to
lender license, BRI Global Financial Services Co. Ltd is now able Indonesia in real time online to their and their families’ BRI Bank
to offer loan and trade finance services. The company continues accounts in Indonesia. With the support of systems and services
to focus on digitalization, including through the provision of a that are integrated with the Parent Company (BRI), BRI Global
digital portal (web app) and the RemitGo! app for customers.
Digitalizing business processes through these platforms has Financial Services can provide additional services to Indonesian
increased transaction frequency, streamlined transaction flows, Migrant Workers such as balance checking services, printing
enhanced transaction capacity, improved user experience, and account books, printing bank statements, and other services to
elevated service quality, all of which have contributed to the PMIs in Hong Kong. Apart from that, the exchange rate at BRI
growth in revenue for BRI Global Financial Services Co. Ltd Global Financial Services is one of the best rates (HKD/IDR) in
Hong Kong. BRI Global Financial Services wants to provide the
The net profit of BRI Global Financial Services Co. Ltd in 2024 best service and be a one stop solution for Indonesian Migrant
reached IDR8.42 billion, an increase of 98,58% from IDR4.24 Workers in Hong Kong. The company continues to strive to
billion in 2023. This growth was supported by a significant
increase in revenue in 2024. Additionally, the new growth engine innovate to improve services, such as the remitGo! to provide
from the loan products contributed to the trickle-down effect convenience in carrying out transactions anywhere and anytime.
on other products, resulting in a substantial rise in revenue. Apart from that, by having obtained a money lender license from
Digitalization also played a role in enhancing business process the Hong Kong authorities, BRI Global Financial Services can
efficiency, allowing BRI Global Financial Services Co. Ltd to also provide loan services to individual customers, especially to
maintain operational expenses and the BOPO (Operational Indonesian Migrant Workers who need emergency funds, both in
Expenses to Operating Income) ratio throughout 2024. Hong Kong and for remittance purposes to his family in Indonesia.
For non-individual customers, currently the Company can provide
Strategi BRI Global Financial Services Co. Ltd Tahun 2024 financing for Indonesian-related Small and Medium Enterprise
Some of the strategies that have been implemented by BRI (SME) business entrepreneurs in Hong Kong. The combination of
Global Financial Services Co Ltd Hong Kong 2024 are as follows : the company’s existing business (money transfers or remittances)
1. Obtaining a money lender license from the Hong Kong from Hong Kong to Indonesia and the loan business with the
authorities, as an effort to develop business (new source target market of existing remittance customers, provides its own
unique competitive advantage.
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Annual Report 2024 Business Prospect and Strategy for BRI Global Financial As part of its efforts to optimize and diversify its market and Services Co. Ltd in 2025 business, BRI Global Financial Services will focus in 2025 on Remittances from Hong Kong to Indonesia have shown an tapping into the existing market with two key products: remittance increasing trend up to 2024, despite a decline in the East Asia and the new source engine growth through digital loan services and Pacific region between 2010 and 2021. This upward trend via BRI Global Financial Services’ digital channels. Upgrading continued in 2024, with remittances reaching USD 503 million in features and security levels on the digital channels (applications) the first quarter and USD 541 million in the second quarter. On will be one of the strategic initiatives for 2025. This upgrade is the other hand, the shift from conventional to digital remittance expected to help BRI Global Financial Services capture a larger transactions in Hong Kong is progressing and steadily increasing. share of the Hong Kong market, enhance market penetration, According to Market Insight Hong Kong from Statista.com, the and increase market share in Hong Kong. The growth of a new transaction value in the digital remittance market is projected to customer base, along with more user-friendly features that meet reach USD 548 million in 2025. The transaction value is expected customer needs, is expected to generate increased revenue for to show an annual growth rate (CAGR 2025-2029) of 6.92%, BRI Global Financial Services Co Ltd, driven by business in cross- resulting in a projected total of USD 716.20 million by 2029. In border money transfers and loans. the digital remittance market, the number of users is expected to reach 148.20 thousand by 2029. The entire series of acquisition activities was completed on composition of shareholder ownership to BRI 59.02%, FWD December 29, 2015 in accordance with Deed No. 41 of Notary Management Holdings Limited 35.14% and YKP BRI 5.84%. The Fathiah Helmi, S.H. so that BR owns 91.001% of BRI Life shares change in share ownership has received approval from the OJK and the remaining 8.999% is owned by the BRI YKP BRI Employee through letter Number 31/NB.11/2022 dated February 28, 2022. Welfare Foundation). Furthermore, on February 23, 2017, PT Asuransi Jiwa Bringin Jiwa Sejahtera changed its name to PT In 2023, BRI Life underwent a change in its shareholder Asuransi BRI Life (BRI Life). On March 2, 2021, BRI Life officially composition. The company increased its paid-up capital had a new shareholder, namely FWD Financial Services Pte Ltd by IDR26,358,000,000, from the previous amount of which has added capital to BRI Life of 936,458 shares through IDR339,200,700,000 to IDR365,558,700,000, with the additional the issuance of new shares. Thus, after the transaction, BRI Life’s capital subscribed by FWD Management Holdings Limited. The shareholder structure was that BRI owned 2,002,022 shares with planned change in ownership of PT Asuransi BRI Life received 63.83% ownership. Then, the ownership of FWD was 29.86% with approval from the Financial Services Authority through letter No. 936,458 shares, and the BRI Employee Welfare Foundation was S-15/NB.02/2023 dated February 26, 2023. This share issuance 6.31% of 197,978 shares. This change in shareholder structure resulted in a revised shareholder composition, with BRI holding previously obtained OJK approval through letter no. S-12/ 54.77%, FWD Management Holdings Limited holding 39.82%, NB.1/2021 dated February 4, 2021. On October 13, 2021 the and YKP BRI holding 5.42%. Shareholders approved the transfer of ownership of shares owned by FWD Financial Services Pte. Ltd. to FWD Management Holdings In 2024, BRI Life once again experienced a change in its Limited, so that the structure of BRI Life Shareholders became: shareholder composition. FWD Management Holdings Limited BRI 63.83%, YKP BRI 6.31%, and FWD Management Holding injected additional capital amounting to IDR770 billion for the Limited 29.86%. The change in Shareholder Structure previously year 2024, with an amount recorded in the issuance of new shares obtained OJK approval through letter No.S.93/NB.1/2021 dated totaling IDR26,994,600,000. Following this capital increase, the September 29, 2021. In 2022, BRI Life issues 255,549 shares and revised shareholder composition is as follows: BRI holds 51.00%, as part of FWD Management Holdings Limited’s commitment FWD Management Holdings Limited holds 43.96%, and YKP BRI to support BRI Life’s progressin a manner agreed upon by the holds 5.04%. The change in BRI Life’s share ownership in 2024 Shareholders. The new shareswere taken up entirely by FWD has been approved by the Financial Services Authority through Management Holdings Limited. To take part in the new shares, letter No. S-2/PD.02/2024 regarding the Approval of the Change FWD Management Holdings Limited has deposited IDR770 in Ownership of PT Asuransi BRI Life, dated January 22, 2024. billion to BRI Life. The issuance of these shares changed the PT Bank Rakyat Indonesia (Persero) Tbk 255
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Table of PT Asuransi BRI Life Performance (Productivity)
(in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Premium income 8,869,395 7,783,415 1,085,980 13.95%
Asset 26,520,605 23,678,043 2,842,562 12,01%
Equity 10,341,827 9,111,527 1,230,300 13.50%
The additional capital by FWD in 2024 amounting to IDR770 systematic flow of data, from the headquarters to the
billion had an impact on increasing BRI Life’s assets and equity. hands of BFA.
At the end of 2024, BRI Life’s equity grew 13.50% to IDR10.34 4. Revamp Journey on BRImo
trillion. Apart from that, BRI Life’s assets reached IDR26.52 This strategic initiative is one of BRI Life’s efforts to enhance
trillion or grew 12.01%. BRI Life’s Gross Premium decreased transactions for purchasing digital insurance products
in line with the success of shifting products from unit linked to available on BRImo. It aims to improve customer convenience
traditional carried out by BRI Life and the implementation of and ease in purchasing insurance products through the
increasingly appropriate market conduct so that the premiums BRImo platform.
produced were quality premiums and provided a sustainable
contribution to BRI Life Beyond these strategies, BRI Life remains committed to
amplifying its value by refining business processes across all
PT Asuransi BRI Life Strategy In 2024 dimensions, ensuring sustained and resilient business growth.
The projected economic slowdown in 2024 presents a
challenging year for BRI Life. In response to these challenges, PT Asuransi BRI Life Competitive Advantage and Innovation
BRI Life is taking strategic measures to ensure the availability BRI Life is committed to providing excellent service to customers.
of products and services that meet customer needs, supported One of the strategies implemented in 2023 is developing services
by the implementation of digital technology. The key strategies for customers, especially health services through launching a
implemented by BRI Life in 2024 to achieve the targets approved contact center for third-party administrators (TPA) as part of
by the shareholders are as follows: BRI Life’s plan to form its own TPA so that claim settlement can
1. Penetration on UMi Ecosystem run more effectively and efficiently. BRI Life also launched new
BRI Life successfully penetrated the Ultra Micro (UMi) products that adapt to customer needs in each existing customer
segment in 2024 through the implementation of a strategic segmentation.
partnership with PNM. This initiative serves as a key step in
achieving sustainable growth while also enhancing financial BRI Life also ensures the availability of products that meet the
literacy and inclusion, particularly in relation to life insurance. needs of customers across various segments. The launch of new
2. Penetration on HNW Segment products, particularly in the High Net Worth (HNW) and Ultra
BRI Life successfully penetrated the High Net Worth (HNW) Micro (UMi) segments, further complements BRI Life’s existing
income segment, or priority customer segment, in 2024 product portfolio. In terms of product marketing processes, BRI
through the launch of the AMORA product. Specifically Life has innovated to enhance the productivity of its sales force
designed for priority customers, this product represents through the BRI Centralized Distribution Referral System, which
one of BRI Life’s strategic initiatives to achieve sustainable integrates the systems of BRI Life and BRI to provide lead data,
growth by ensuring the availability of products that meet the serving as a well-organized resource for the sales force.
needs of customers across all segments.
3. BRI Centralized Distribution Referral System In order to achieve sustainable business practices, BRI Life has
This strategic initiative is part of BRI Life’s business process also implemented a green office policy in line with regulations to
improvements aimed at enhancing the productivity of reduce the use of paper, electricity, and fossil fuels. Additionally,
Bancassurance Financial Advisors (BFA). The initiative was BRI Life has developed a long-term Environmental, Social, and
piloted at the end of 2023 with the objective of improving Governance (ESG) roadmap, aligned with the principles of the
lead data, which serves as a key driver for BFA in generating Sustainable Development Goals (SDGs).
production. This approach ensures a more centralized and
256 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Business Prospect and Strategy for PT Asuransi BRI Life in 2025 3. Digital Adaptive
In 2025, BRI Life will focus on improving people’s capabilities Strengthening technological support in product development
and organizational capacity, as approved by the Controlling and dynamic, agile, and resilient business operations is
Shareholders of BRI Life. In other words, with a focus on quality key for BRI Life to face future business challenges. The
enhancement, BRI Life is also targeting sustainable business two development indicators being focused on are a strong
growth. The following are some of the strategies that BRI Life will integration between digital technology and life insurance,
implement to achieve the targets approved by the Shareholders : and digital experience as a service standard. These indicators
1. Competitive Products and Marketing are crucial for BRI Life to enhance its competitiveness,
BRI Life remains committed to sustainable growth to provide facilitate innovation, and ensure high-quality services that
peace of mind to all its customers. To achieve this, BRI Life meet customer expectations in the digital era.
strives to ensure it offers superior and competitive products 4. Strong Financial Management
and marketing strategies. The three key development Financial strength is key for BRI Life to remain on the path
indicators focused on are: product-driven to customer-led, of sustainable business growth. The four development
brand awareness and clear segmentation, and healthcare indicators being focused on are sustainable revenue and net
ecosystem and sustainable practices. These three areas are income, best practice financial management, healthy capital
crucial in positioning BRI Life as more competitive, relevant, structure, and accountability and accuracy. Overall, the
and sustainably growing. Additionally, these focuses further development of these four indicators creates a strong and
strengthen BRI Life’s long-term relationships with its durable financial foundation, which is essential to support
customers and other stakeholders. growth, maintain stakeholder trust, and ensure the company
2. Invest in People remains competitive and adaptive in various economic
The development of human resources, both in terms of conditions.
career progression and competencies, is key for BRI Life in 5. Services Excellent
managing its operations for sustainable growth with good BRI Life remains committed to achieving its vision of
corporate governance. Two development indicators being becoming “The 1st Service Excellent” through efficiency
focused on are sales talent management and succession and effectiveness in business processes, as well as creating
planning, and advancement in human resources with a products that align with customer needs. The two key
focus on automation and efficiency. These areas are crucial development focus indicators are customer loyalty and
because BRI Life can enhance the quality and resilience of its understanding customers’ individual needs and preferences.
internal talent while building a more efficient and adaptive Focusing on these two indicators provides a sustainable
organization. This is essential for long-term growth and competitive advantage. Additionally, BRI Life will be able
success in a dynamic business environment. to grow and thrive in a dynamic and competitive business
environment.
As of December 2024, BRI Finance’s assets amounted to IDR7.68 This revenue growth was driven by BRI Finance’s financing
trillion, a decrease of 15.23% compared to IDR9.06 trillion in disbursements in 2024, which totaled IDR1.36 trillion, consisting
December 2023. Financing receivables also declined, totaling of commercial financing revenue of IDR187.75 billion, consumer
IDR6.45 trillion, a reduction of 16.32% or IDR1.27 trillion. This financing revenue of IDR761.95 billion, and Operating Lease (OPL)
decline in assets corresponds with a decrease in consumer financing revenue of IDR359.50 billion. The decline observed in
financing receivables, which reached IDR4.87 trillion in December 2024 was due to reduced purchasing power among the middle-
2024, down 23.05% or IDR1.46 trillion from the previous period, class population, which has shifted to the aspiring middle-
which amounted to IDR6.33 trillion. class category in Indonesia, leading to limited ability to meet
installment payments and an increasing risk of non-performing
As of December 2024, BRI Finance’s total revenue reached loans. Nevertheless, BRI Finance’s profit as of December 2024
IDR1.41 trillion, representing a growth of 14.27% or IDR176.47 was recorded at IDR103.36 billion, slightly down by 0.33% or
billion compared to the previous period of IDR1.23 trillion. IDR509 million.
PT Bank Rakyat Indonesia (Persero) Tbk 257
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Table of PT BRI Multifinance Indonesia Performance (Productivity)
(in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financing (gross) 6,445,833 7,703,045 (1,257,212) (16.32%)
Customer financing 4,871,145 6,330,878 (1,459,733) (23.06%)
Asset 7,689,464 9,057,071 (1,367,607) (15.10%)
PT BRI Multifinance Indonesia Strategy In 2024 Business Prospect and Strategy for PT BRI Multifinance
Indonesia in 2025
In 2024, BRI Finance optimized BRI’s captive market, serving as
The preparation of BRI Finance’s long-term business plan for
a single gateway for BRI’s auto loans, to foster healthy company
the period 2025-2029 aligns with the shareholders’ aspiration to
growth. The company focused on expanding its consumer
“Beat The Industry Profitability,” aiming for an ROE of over 14%.
business by leveraging synergies within the BRI Group ecosystem,
BRI Finance will focus on consumer financing in collaboration with
targeting both customer acquisition and sales channels. BRI
the business owner division at BRI. Innovations and the exploration
Finance’s strategies in 2024 included: of new growth sources will result in an increasingly complex
1. Strengthening consumer financing growth. business for BRI Finance. The company will emphasize synergies
2. Enhancing collaboration with e-commerce platforms. and cross-selling initiatives that have already been developed
3. Improving financial literacy. within BRI Group, while also focusing on the development of BRI’s
4. Implementing joint marketing efforts with the BRI Group. captive market. The company continues to selectively disburse
5. Optimizing the myBRIf application. financing and expand its business while exploring new growth
6. Advancing business process digitalization. engines through the optimization of a single gateway auto loan.
7. Offering attractive promotions tailored to public needs. The company will maintain a diversified funding strategy to reduce
8. Optimizing collaborations in Motor Vehicle Credit (KKB) Joint the cost of funds and offer competitive rates to its debtors. From
Financing by launching products with competitive rates. a service perspective, BRI Finance will maximize its business value
chain through strategic partnerships and the development of
various platforms to drive transactions via digital channels, such
PT BRI Multifinance Indonesia Competitive Advantage
as the myBRIf app, new mobile orders, and others. Additionally,
and Innovation
as part of strengthening other excellence enablers, especially
In accordance with the aspirations of shareholders, BRI Finance
human capital, culture, distribution channels, and risk governance,
had a competitive advantage, namely as a single gateway auto
BRI Finance will enhance its risk management and compliance
loan for the BRI Group. Furthermore, BRI Finance is committed
practices as part of its commitment to Good Corporate Governance
to focusing on growing its consumer business, which will be (GCG). This ensures that the financing disbursed by the company
maintained at a minimum of 80% in the long term, by continuously remains prudent and well-monitored. The synergies between BRI
developing joint financing through active collaboration with Finance and the business group continue to be optimized, both in
the business owner division at BRI. To achieve this aspiration, business and non-business aspects, through resource sharing, data
BRI Finance acknowledges the challenges of digitalization, integration, and the exploration of new ecosystem segments.
accompanied by changes in consumer behavior post-pandemic
in the financing industry. These shifts in customer expectations To achieve BRI Finance’s aspiration for the period 2025-2029
have transformed cooperation patterns, streamlined processes, and position itself as a Financing Company with total assets
and demand for more seamless services in line with customer exceeding IDR10 trillion, the following financial projections will
behavior. BRI Finance will increase its investment in information be targeted by BRI Finance:
technology through the development and enhancement of 1. Asset Under Management (AUM) is targeted to grow with a
various platforms that support internal business activities, minimum Compound Annual Growth Rate (CAGR) of 13%
from 2024 to 2029.
including the core financial system to accommodate BRI
2. BRI Finance aims to achieve profitability on par with the
Finance’s operations, the e-General Ledger (eGL) to support
financing industry average within 3 (three) years, with a Return
financial reporting, various financing acquisition tools across all
on Assets (ROA) of ≥ 5% and a Return on Equity (ROE) of ≥ 14%.
segments, and other supporting platforms. BRI Finance will also
3. The company aims to achieve industry-level efficiency with a BOPO
strengthen its consumer business through massive marketing (Operating Expense to Operating Income) ratio of ≤ 79% within
strategies aimed at both customers and employees of the BRI 3 (three) years, and continue to improve, ultimately reaching the
Group. In order to reinforce the digital transformation that has efficiency level of peers focused on joint financing, with a BOPO
been implemented, BRI Finance will maximize synergies with ratio of ≤ 70% in the long term, or within 5 (five) years.
its parent company across various sectors, especially within the 4. BRI Finance aims to maintain and reduce the Non-Performing
business group ecosystem. Financing (NPF) ratio to ≤ 1.50% within 3 (three) years, and
achieve a long-term target of NPF ≤ 1%.
5. Maintain the NPF Coverage above 150%.
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BRI Ventures is a subsidiary of BRI engaged in venture capital. risk management and founders who have sufficient experience
BRI’s share ownership in BRI Ventures is 99.97% of the total in running their businesses. This is in line with helping the BRI
shares issued by the company, while 0.03% is owned by the BRI Group develop products and services that make it easier for
Workers’ Welfare Foundation. BRI Ventures has the aspiration users (customer-centric). BRI Ventures will invest in technology
to become a leading Corporate Venture Capital which will be companies both in the scope of financial services (fintech) and
achieved through investment in companies that have high other business sectors (non-fintech).
growth potential (startups), with broad market potential, solid
Performance Table (Productivity) of PT BRI Ventura Investama
(in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Total Investment 1,903,833 1,742,369 (161,464) (9.27%)
Non Performing Investment (NPI) (%) 0,0011% 0,008% - -
Total Asset 2,471,125 2,515,378 (44,253) (1.76%)
In 2024, BRI Ventures recorded total assets of IDR2.47 trillion, of investees and conducted internal audits and submitted
down IDR200.93 billion or decrese 7,52% compared to 2023. monitoring reports to regulators periodically.
The decline came from a decrease in investment valuation due
to a decline in the business performance of several investees. Competitive Advantages and Innovation of
Total investment in 2024 was IDR1.90 trillion, down 9.27% PT BRI Ventura Investama
compared to 2023. During 2024, amidst the ongoing tech winter, To date, BRI Ventures has successfully managed 2 (two) Venture
BRI Ventures explored recurring income businesses through Funds, namely Dana Ventura Nusantara I (DVSN I) and Dana
placement in SBI and SBN. On the other hand, BRI Ventures also Ventura Nusantara II (DVSN II). 2024 is a recovery year for BRI
continues to maintain the quality of its portfolio and is seen in Ventures, so to maintain investment quality, for the valuation
the NPI of 0.0011% or lower than the previous year. of venture funds, BRI Ventures has made periodic valuation
adjustments based on the development of the company’s
PT BRI Ventura Investama’s Strategy for 2024 performance. In addition, during the 2024 period, BRI Ventures
Venture capital business conditions throughout 2024 are filled through DVSN II has successfully implemented an accelerator
with uncertainty, this can be seen from the decline in the amount program, namely “Impact Day”. This program was attended by
of global funding by 7.46% (yoy) in November 2024. With the 15 Indonesian startups in the impact enterprises category.
decline in funding, efficiency efforts were made by most startups
through the Termination of Employment (PHK) policy. In order to Business Prospects and Strategy of
survive in facing these conditions, BRI Ventures has made various PT BRI Ventura Investama in 2025
efforts, including: In 2025, BRI Ventures will still focus its investment activities on
1. Optimizing exit opportunities by considering the Internal companies/startups in the fintech and non-fintech sectors that
Rate of Return (IRR) target and potential gain. have the potential to increase capabilities, have a positive impact on
2. BRI Ventures has committed to supporting the growth business, and open access to new ecosystems for the BRI Group. In order
of Indonesian startup businesses through a participation to realize BRI Ventures’ vision as a catalyst for value creation for the BRI
agreement in the Merah Putih Fund funding. Group ecosystem, in 2025, BRI Ventures will accelerate the potential for
3. As an alternative source of income, BRI Ventures has placed synergy between BRI and investees. To develop new business potential,
investments in SBI and SBN throughout 2024 amounting to BRI Ventures will explore businesses in the impact fund category. BRI
IDR216 billion. Ventures has also committed to supporting the growth of startups in
4. To maintain portfolio quality and mitigate investment Indonesia through the Merah Putih Fund. In addition, new funds will
risks, BRI Ventures has monitored the quality and runway continue to be developed that have funding instruments that are in
accordance with appetite and varying risk levels such as thematic funds.
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Management Discussion and Analysis
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BRI Insurance is part of a subsidiary of the BRI Group engaged protection through a variety of trusted products supported by
in the insurance sector and has the responsibility to create technological innovation, prudent GCG and superior human
value both in terms of business and improving the image of BRI capital to produce optimal and sustainable productivity.
Insurance with a commitment to providing general insurance
Performance Table (Productivity) of PT BRI Asuransi Indonesia
(in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Gross Premium 3,854,198 3,256,217 597,981 18.36%
Assets 7,721,024 6,465,609 1,255,415 19.42%
Equity 2,592,763 2,010,563 582,200 28.96%
BRI Insurance’s assets in 2024 amounted to IDR7.72 trillion, strategy to establish increasingly interconnected businesses
an increase of 19.42% compared to 2023 of IDR6.47 trillion. through the value chain, Business to Business to Consumer
The increase was due to several factors, including an increase (B2B2C) technology, and in accordance with market needs.
in investment value of 20.14% compared to 2023 and an Strengthening connections between corporations can create
increase in technical reserves of 15.41% compared to 2023. BRI synergies and opportunities to encourage joint growth and
Insurance’s Gross premium in 2024 amounted to IDR3.85 trillion, sustainability initiatives. This business synergy is mainly carried
an increase of 18.36% compared to 2023 of IDR3.26 trillion. This out through collaboration with the BRI Group.
was due to the growth in COB Marine Hull premiums of 55.21%,
COB Miscellaneous of 39.21%, COB Marine Cargo of 32.51%, To realize the aspirations of 2024, BRI Insurance is implementing
COB Loan of 26.63% and Property of 12.78%. BRI Insurance’s the following strategic steps:
equity in 2024 increased by 28.96% from IDR2.01 trillion in 2023 1. Strengthening governance and risk management to ensure
to IDR2.59 trillion in 2024. The increase was due to a 46.60% compliance with regulations and internal provisions as well
increase in current year profit compared to 2023 to IDR702.96 as good risk management of BRI Insurance.
billion in 2024. 2. Supporting sustainable quality growth by strengthening the
selection and management of BRI Insurance’s main business
PT BRI Asuransi Indonesia’s Strategy for 2024 risks.
The increasingly competitive business conditions and dynamic 3. Expansion into the retail and micro segments in business
and uncertain business environment require BRI Insurance to classes and products with better profitability.
continue to create new innovations and implement strategies 4. Optimizing the potential of derivative businesses from the
that are appropriate and in line with changes in the business wholesale and internal BRI ecosystems.
environment. BRI Insurance continues to strive to achieve 5. Strengthening intra-group synergy and cooperation to
competitive advantage by creating better competitive values realize the potential of the total revenue pool of BRI Group.
than competitors. In 2024, BRI Insurance carries the Annual 6. Strengthening the IT backbone to support the acceleration of
Theme “Strengthening Interconnected Business to Drive BRI Insurance’s business and operational processes through
Sustainability”, with the expected measure of success being fast and safe automation programs.
BRI Insurance’s achievement in becoming the top 5 (five) most 7. Developing data analytics to support business decision
profitable insurance companies in Indonesia with the highest making.
profit margin. To realize aspirations in 2024, BRI Insurance 8. Strengthening human capital capabilities including
is strengthening reciprocally interconnected businesses to sharpening KPIs to become leading indicators of performance-
encourage sustainability through business diversification and based culture (performance driven culture).
partnerships. The business activities carried out refer to the 9. Simplifying services to achieve ultimate customer experience
and satisfaction.
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Annual Report 2024
Competitive Advantages and Innovation of to customer needs and satisfaction. In 2025, BRI Insurance carries
PT BRI Asuransi Indonesia the Annual Theme “Persistent Penetration of Core Competence
The competitive advantages and innovations possessed by BRI with Optimizing Products and Channels”, with the expected
Insurance Indonesia are: measure of success being the achievement of BRI Insurance
1. Has a network of 115 spread throughout Indonesia. growing by a minimum of 30% in micro premium production
2. Is a General Insurance Company with the first ranking in the and non-captive retail. To realize the aspirations in 2025, BRI
gross premium category of IDR1 to <IDR2.5 trillion according Insurance will persistently carry out continuous penetration of
to Infobank. core competencies, namely focusing on services and businesses
3. Is a General Insurance Company with the first ranking based in the retail and micro segments. This refers to ongoing efforts
on gross premium performance, underwriting results, net to integrate and utilize the fundamental strengths of BRI
profit and assets in 2024 in the equity cluster of IDR1 trillion Insurance’s business into products and distribution channels in
to IDR2.5 trillion. the captive and non-captive markets. Thus, this is expected to be
4. BRI Insurance is consistently certified by an Independent able to increase competitiveness and encourage the growth of
Rating Agency. idAA+ rating from Pefindo, up compared to BRI Insurance in a sustainable manner.
2023 and AA(idn) rating from Fitch Ratings.
5. As one of the leading general insurance companies, BRI To realize the aspirations of 2025, BRI Insurance has established
Insurance has more than 70 (seventy) products including a series of strategic plans and steps as follows:
superior products and customized products. 1. Optimization of premium growth in the retail and micro
6. Gross premium CAGR of 22.35%, net profit of 37.06%, segments sourced from non-captive markets.
underwriting result of 24.71% and investment result of 2. Optimization of the BRI and BUMN entity ecosystem and
37.14% which is positive in the last 3 (three) years is above value chain.
the industry average. 3. Creating new growth engines to diversify revenue sources
7. Has a strong financial ratio in the last 3 (three) years and in the corporate, small, medium, and consumer business
is above the industry average based on profit margin, ROE, segments.
underwriting yield, loss ratio and RBC 4. Strengthening BRI Group synergy in the context of business
8. The maturity level of BRI’s governance, compliance, risk expansion and operational support, including integration
management, audit, and IT is above a score of 3 (defined), of governance, compliance, risk management, information
PMO is above a score of 2.6, and human capital is above a technology, and human resources.
score of 1.5. 5. Strengthening quality and profitable premium growth by
9. BRI Insurance has increasingly developing services based strengthening risk selection.
on digitalization and automation utilizing the BRINESIA 6. Strengthening investment capacity to optimize investment
Application, BRINSmobile, Claim Center/B-Class, Customer results and manage investment risks.
Care, E-policy). 7. Product innovation and after-sales services as differentiation
10. Has certified experts. according to customer needs and segmentation (customer-
oriented) to strengthen the image of BRI Insurance Indonesia.
Business Prospects and Strategies of 8. Strengthening the subrogation and reinsurance receivables
PT BRI Asuransi Indonesia in 2025 collection system.
Indonesia still has the potential to achieve economic growth 9. Implementation of PSAK 117 in accordance with applicable
above 5.2% and controlled inflation at 2.5% in 2025. One of provisions and governance.
the keys to achieving this growth rate is supported by public 10. Implementation of the separation of the Sharia Business Unit
consumption. The transportation, accommodation, food and in accordance with applicable provisions and governance.
beverage, and infocom sectors are the sectors with the highest 11. Strengthening employee capabilities, especially marketing staff,
growth. On the other hand, the mining sector was also able including strengthening the Company’s culture to support the
to grow 5.7% amid moderation BRI Insurance will realize the transformation and internalization of BRI Insurance Indonesia’s
implementation of the Vision to become “The Most Trusted culture, as well as sharpening KPIs to become important
Partner for Reliable Protection Solutions” with services oriented indicators in achieving a high-performance culture.
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In the 2024 period, PT BRI Danareksa Sekuritas managed to of IDR33.03 billion or 10.6% of the total recorded income.
record a net profit of IDR9.12 billion. The operating income Compared to 2023, PT BRI Danareksa Sekuritas’ income
obtained was IDR361.55 billion with the largest contribution increased by IDR52.77 billion or grew by 17.09%, the increase
coming from securities brokerage service income of IDR156.94 was supported by the growth of the securities brokerage service
billion or 50.59%, followed by financial advisory service income business by 10.87% and underwriting services by 30.23%.
of IDR98.06 billion or 31.6%, and underwriting service income
Table of Performance (Productivity) of PT BRI Danareksa Sekuritas
(in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
ACCUMULATED BROKERAGE TRANSACTION VALUE
Share 85,034,344 98,134,258 (13,099,914) (13.35%)
Government Bonds 275,319,420 272,950,420 2,369,000 0.87%
Corporate Bonds 29,265,960 45,000,210 (15,734,250) (34.96%)
Assets 1,089,788 1,059,172 30,616 2.89%
Net profit 9,123 70,520 (61,397) (87.06%)
PT BRI Danareksa Securities Strategy for 2024 Furthermore, strengthening the underwriting and financial
BRI Danareksa Sekuritas has launched several new features with advisory services business through the beyond lending
the aim of improving services and adding product variants for partnership strategy with BRI has shown results. BRI Danareksa
convenience for retail customers in transacting in the capital market. Sekuritas has successfully executed deals with several of BRI’s
Some of these services include opening margin accounts online, EBA main corporate banking customers to expand funding access
Ritel, BRIGHTS Easy Desktop, Fast Order, Launcher e-SBN, Switching through the capital market.
Mutual Funds, SmartInvest Mutual Funds, BREW and Stock Pawning.
In addition, BRI Danareksa Sekuritas is also revitalizing the trading Competitive Advantages and Innovation of
system in the institutional business line as an effort to open up PT BRI Danareksa Securities
opportunities for cooperation with foreign counterparties. BRI Danareksa Sekuritas is the first securities company and a
pioneer in the Indonesian capital market. BRI Danareksa Sekuritas
Strengthening marketing activities and increasing literacy in 2024 has competent and certified human resources. BRI Danareksa
for retail customers is also carried out by BRI Danareksa Sekuritas Sekuritas has a superior online trading system product, namely
through several programs such as BRI Danareksa Market Update, BRIGHTS, which offers simplicity through BRIGHTS EASY and
Sapa Mentari, Investalk Series, Bekal Buat Besok, Ngerondasip, continues to develop other features to support the ease of
SKRINBAR, and BRI Danareksa Eduvest. investing in retail investors. In addition, BRI Danareksa Sekuritas
is part of Bank Rakyat Indonesia, a state-owned bank with the
On the other hand, the implementation of the strategy related largest assets. With this experience and supported by synergy with
to the Parent-Subsidiary Entity synergy through the opening of the BRI Group, this makes BRI Danareksa Sekuritas a security with
Customer Fund Accounts (RDN) on the BRImo banking super- the widest reach in Indonesia through BRI distribution channels.
app has yielded results in 2024. This is reflected in the award
received by BRI Danareksa Sekuritas in the event for the most
RDN openings throughout the period from August to September
2024 organized by the Securities Investor Protection Fund (SIPF),
with a total of RDN openings during that period reaching more
than twenty thousand RDNs.
262 PT Bank Rakyat Indonesia (Persero) Tbk
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Business Prospects and Strategies of
PT BRI Danareksa Sekuritas in 2025
Along with the growing number of investors in the capital market, strengthen GCG and ESG implementation through RAKB in
BRI Danareksa Sekuritas will continue to focus on strengthening accordance with Decree Number 51/POJK.03/2017.
the foundation of the retail business according to the company’s
long-term plan by improving transaction services to customers In addition to the above activity plans, BRI Danareksa Sekuritas
and optimizing the potential for interest-based income. To will continue to make various improvements including brand
support business sustainability in 2025, BRI Danareksa Sekuritas campaigns and strategies in order to increase brand awareness,
carries the theme “Building A Dynamic Growth Engine, Fueling run loyalty programs to be able to provide stimulus to retail
Success Within”. In this big theme, there are derivative aspects customers, improve the back office system to achieve good,
that will be worked on by BRI Danareksa Sekuritas in 2025, effective, and efficient work processes. BRI Danareksa Sekuritas
broadly including omni-channel cooperation with third parties also continues to strive to improve the capacity and capability
to expand access to capital market instrument transactions, of human resources through the human capital framework
increase the potential for interest-based income, strengthen alignment program with BRI. In carrying out business and
synergies to increase cross-selling to both institutional and retail strategies in 2025, BRI Danareksa Sekuritas continues to
customers in the BRI Group, utilization of new trading platforms maintain the “Trusted” predicate from the results of the
in institutions and continuous enhancement of online trading Corporate Governance Perception Index (CGPI) assessment that
systems in retail to increase transaction value and increase was obtained in 2024.
customer base, implement a performance-driven culture, and
PNM’s assets in 2024 amounted to IDR53.35 trillion, an increase in Mekaar financing income where in 2024 it was recorded at
of 8.30% compared to 2023 which was IDR51.11 trillion. The IDR15.12 trillion, an increase of 11.85% compared to 2023 which
increase mainly came from an increase in financing with the was IDR13.51 trillion. PNM in 2024 recorded a provisioning cost
remaining debit in 2024 reaching IDR50.03 trillion, an increase of IDR14.53 trillion, up 23.90% from 2022 of IDR13.06 trillion,
of 9.42% compared to 2023 which was IDR45.73 trillion. In terms this is in order to improve asset quality. So that in terms of net
of revenue, PNM posted operating revenue in 2023 of IDR16.69 profit it fell by 11.26% from IDR1.69 trillion in 2023 to IDR1.50
trillion, an increase of 11.49% compared to 2023 which was trillion in 2024.
IDR14.97 trillion. The increase mainly came from an increase
Performance Table (Productivity) of PT Permodalan Nasional Madani
(in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financing Distribution 69,944,923 70,180,585 (235,662) (0.33%)
Outstanding 50,033,881 45,727,359 4,306,522 9.42%
Assets 55,348,061 51,106,905 4,241,156 8.30%
PT Permodalan Nasional Madani’s Strategy for 2024 2. Market penetration and expansion of service areas through
PNM has set strategic strategies and policies to achieve the the opening of new business units carried out selectively and
company’s 2024 targets as follows: effectively.
1. Changes to PNM’s organizational structure carried out in 3. Development of advanced cycle financing products to meet
order to support long-term strategic initiatives and the customer needs and as preparation for UMi customers to
company’s sustainability. move up a class.
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Management Discussion and Analysis
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4. Increasing financial literacy and financial inclusion of Mekaar activities. The use of technology and information is also carried
customers through customer group meetings and synergies. out to improve services to customers and support business and
5. Increasing the level of corporate governance through operational activities, especially through digitalization and
operational and credit risk management and measuring the through strategic initiatives carried out together in the Ultra
Corporate Governance Performance Index (CGPI). Micro Holding synergy.
6. Development of information technology and digitalization of
business processes and adding features to the Mekaar Digi Strategic Initiatives of PT Permodalan Nasional Madani in 2025
application to improve the efficiency and effectiveness of In 2025, PNM will implement several main strategic initiatives as
business processes. follows:
7. PNM diversified funding sources both in the capital market 1. PNM will focus on serving Mekaar customers in the potential
and banking, supported by an increase in corporate ratings. region and optimize co-location business unit.
In addition, PNM also received funding from the Government 2. Carrying out product innovation through the improvement of
through the Government Investment Center. In order to advanced products based on community lending.
obtain competitive funding, PNM took the initiative to 3. Strengthening empowerment activities for Mekaar customers
explore alternative funding, which one of them was to issue and group leaders by providing digital literacy programs
ESG-based bonds. to improve the use of technology and social media to
8. Increasing productivity and competence of human resources improve customer business capabilities, customer business
to support the empowerment of female customers who are development literacy for sales acceleration and financial
ultra-micro and micro entrepreneurs. As well as providing literacy for opening savings accounts.
training facilities to improve competence for all PNM workers. 4. Reengineering Weekly Group Meetings (PKM) to improve
the effectiveness, efficiency of business processes, and
Competitive Advantages and Innovation of PT Permodalan empowerment of ultra-micro customers.
Nasional Madani 5. Increasing the IT maturity index, including by preparing
PNM was founded in 1999 with a vision to become a leading strategic plans for information technology and enterprise
financing institution in increasing added value sustainably for architecture management.
ultra-micro and micro segment businesses based on the principles 6. Strengthening corporate governance by measuring GCG
of Good Corporate Governance (GCG). Currently, PNM’s main and CGPI, implementing the IcoFR blue book, measuring
focus is to empower women ultra-micro entrepreneurs. PNM corporate compliance and governance maturity, and
has 4,675 service offices by the end of 2024 spread across 451 digitalizing compliance and governance in the policy and
districts/municipalities and 36 provinces. PNM has empowered reporting repository.
more than 14.4 million women ultra-micro business customers 7. Increasing productivity and competence of human resources,
and more than 72 thousand MSE customers. In order to encourage by supporting the role of women and the millennial
increased business capacity of customers, PNM also emphasizes generation in strategic positions and leadership cadreship.
empowerment activities through providing mentoring and 8. Continuing to improve Mekaar’s business processes and drive
business training to customers in addition to providing capital. efficiency by increasing the productivity of BRILink Mekaar
In addition, PNM also supports the Sustainable Development Agents.
Goals program, including financing to improve the quality of 9. Strengthening the organization and function of the Internal
sanitation and clean water and financing for the renovation of Supervisory Unit (SPI) to improve supervisory capabilities.
customer business facilities/infrastructure, and PNM also plays
an active role in various social and environmental responsibility
Pegadaian’s asset performance growth in 2024 reached IDR102.17 In profitability, Pegadaian posted a net profit of IDR5.85 trillion in
trillion or grew yoy by 24.37%. Asset growth was influenced by the 2024 or an increase of 33.70% from IDR4.38 trillion in 2023. This
largest component, namely outstanding loans, which grew 26.35% increase in profit was supported by an increase in revenue, as well as
from 2023, namely from IDR67.57 trillion to IDR85.37 trillion through cost efficiency as reflected in the improvement in BOPO realization
the implementation of effective marketing and sales strategies of 62.88% in 2024 or a significant decrease compared to 2023 of
amid geopolitical turmoil and dynamic macroeconomic conditions. 66.10%.
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PT Pegadaian Performance (Productivity) Table
(in billion Rupiah)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Financing (Outstanding Loan/OSL Gross) 85,379 67,046 18,333 27,34%
Operating profit 5,852 4,377 1,475 33.70%
Assets 102,172 82,152 20,020 24.37%
Strategi PT Pegadaian Tahun 2024 beautiful, in 2025, the company will carry the theme: “Sustainable
PT Pegadaian’s impressive performance in 2024 is attributed Acceleration: Turbocharge Digital Innovation” with a strategy
to successful business transformation efforts. The company that is in line with the grand strategy in the Company’s Long-
has undertaken optimization, modernization, and capability Term Plan for 2025-2029, namely G7-STAR:
building as initial steps toward becoming “The Leader in The 1. Grow Core
Gold Ecosystem and Accelerator of Financial Inclusion” by 2029. Strengthening Pegadaian’s core business in the pawn and
Pegadaian’s strategies for 2024 include: micro business lines through the use of data and technology
1. Strengthening core business by developing services that in sales activities, modernizing business processes and
meet customer needs. facilitating multi-product customer experience.
2. Expanding service networks through pawnshop agents and 2. Go Further
digital partnerships. Improving agency network capabilities and optimizing
3. Implementing innovation and diversifying income streams cooperation with potential strategic partners.
through non-pawn business segments. 3. Go Together
4. Reinforcing commitment to environmental sustainability. Strengthening the synergy between BRI Group and
5. Enhancing joint services within the Ultra Micro Holding under Pegadaian Group through joint utilization of sales networks
BRI. and strengthening the capabilities of business supporting
functions.
Competitive Advantages and Innovation of PT Pegadaian 4. Grab New
Pegadaian always prioritizes innovation in order to strengthen Expanding business segments by launching new business
competitiveness and provide the best and most appropriate lines through the development of Bullion Services and
products/services for the community, especially in utilizing the accelerating growth through inorganic strategies and
use of technology and changes in community behavior to improve strengthening subsidiary entities.
customer experience. In addition, Pegadaian continues to 5. Groom Talent
maintain the quality of service with reliable appraisers supported Achieving the best talent management in order to support
by various marketing and sales programs, strengthening pawn- business growth and development.
based products, optimizing opportunities for gold-based and 6. Gen-Z Tech
fiduciary products, strengthening sharia business, and optimizing Strengthening IT architecture that supports new business
digital services and synergies with strategic partners that can implementation, strengthening the Company’s internal and
help the company to continue to grow sustainably as a solution external applications and running data-based operational
for the community in overcoming problems without problems. models to achieve optimal benefits.
Through ultra-micro synergy, Pegadaian together with the Ultra 7. Great Culture and GCG
Micro Holding entity also expands the accessibility of financial Relaunching cultural transformation, strengthening
services both with online and offline services. governance and risk management and implementing
comprehensive ESG practices.
Business Prospects and Strategies of PT Pegadaian in 2025
With the spirit of growing together with Ultra Micro Holding,
the spirit of transformation, and the spirit of making Indonesia
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Management Discussion and Analysis
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PT BRI Investment Management’s assets in 2024 amounted paid at the end of December 2024. Meanwhile, there was a decrease
to IDR313.10 billion, an increase of 8.41% compared to 2023 in accounts payable for sharing management fees.
which amounted to IDR288.82 billion. The increase was from
prepaid taxes and securities portfolios due to transactions for the PT BRI Investment Management’s revenue in 2024 was
purchase of PT BRI Investment Management’s portfolio. There IDR248.92 billion, an increase of 43.96% compared to 2023
was a decrease in cash and cash equivalents and fixed assets. For which was IDR172.91 billion. The increase in revenue was due to
transactions that have been settled, they have been recorded significant business performance growth in 2024. AUM in 2024
in cash and cash equivalents, but for transactions that are still grew yoy by 22.43% or increased from IDR40.91 trillion in 2023
in the settlement process, they are included in the recording of to IDR50.0 trillion in 2024. As for the cost item, there was an
accounts receivable. increase in operational costs consisting of business development
(marketing costs), employee costs and depreciation costs of
On the liabilities side, there was an increase of 11.08%, the majority leased assets. With better revenue growth, PT BRI Investment
of the increase was in tax debts, employee benefit liabilities and Management was able to post a profit increase of 62.23% in
accrued expenses (on accrued operational costs that had not been 2024 to IDR29.46 billion.
Table of PT BRI Investment Management Performance (Productivity)
(in IDR millions)
Growth
Description 2024 2023
IDR %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net Profit (Loss) 29,456 18,157 11,299 62.23%
Assets 313,098 288,820 24,278 8.41%
Liability 69,270 62,359 6,911 11.08%
Equity 243,828 226,461 17,367 7.67%
PT BRI Investment Management Strategy in 2024 Competitive Advantage and Innovation of
Some of the strategies implemented by BRI Investment PT BRI Investment Management
Management in 2024 are as follows: PT BRI Investment Management was established in 1992 under the
1. Focus on building the foundation of group synergy through name Danareksa Investment Management. As the first Investment
aligning flagship products and marketing targets from both Manager in Indonesia, BRI Investment Management has also recorded
the institutional side, Mutual Fund Selling Agents/Bank history in the industry as the first mutual fund issuer in Indonesia
APERD (WMG), and Securities APERD (BRIGHTS). in 1996. The broad spectrum of Investment products owned by BRI
2. Focus on marketing open-end mutual fund products, Investment Management based on financial planning and customer
especially flagship products, and increasing managed funds orientation provides various investment options for all segments,
through the main retail segment. both Institutional and retail, which are adjusted to the risk tolerance
3. Focus on improving human resource capabilities and and investment policies of customers. As a knowledge-intensive
qualifications, including through talent mobility and company, BRI Investment Management prioritizes business and
strengthening core competencies. operational management handled by professional and experienced
4. Focus on optimizing back-office processes, including through HR in the capital market world, supported by infrastructure and
upgrading core systems and developing ERP. technology readiness from front to end. BRI Investment Management
5. Focus on strengthening risk management and governance periodically prepares HR development plans, monitors, and evaluates
through aligning risk maturity assessments and governance workers specifically in each function in order to adjust and prepare HR
and managing risk profiles. who can follow the development of the investment manager industry.
For more than 30 years in the investment manager industry, PT BRI
266 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Investment Management has consistently implemented governance is estimated to reach 4.7% to 5.5%, supported by domestic
and risk management as the main key to success to ensure smooth consumption and spending related to the 2024 election.
and sustainable business and operations in order to maintain customer
trust and reputation in the long term. Entering 2025, BI faces challenges in maintaining the stability of
the rupiah exchange rate amid global uncertainty and tighter-
In supporting industry growth and responding to industry than-expected US monetary policy. Nevertheless, BI remains
developments, BRI Investment Management has a complete optimistic about Indonesia’s economic growth prospects, with a
spectrum of investment products that suit various customer slightly lower growth projection than previously estimated.
risk profiles. In 2024, BRI Investment Management will sharpen
existing products into flagship products that are expected to In the mutual fund industry, BRI Investment Management
be able to follow the development of the business cycle and in has succeeded in achieving a managed fund target of IDR50
accordance with the character of the retail segment, including the trillion by the end of 2024, with a focus on the retail segment
money market mutual fund seruni money market, fixed income and optimizing group synergy through superior products.
mutual fund melati main income, balanced regular income fund This strategy is supported by strengthening internal control,
mixed mutual funds that distribute monthly dividends, and MSCI increasing human resource capacity, strengthening integrated IT
Indonesia ESG Screened index mutual funds. Marketing efforts systems, and strengthening company branding.
are supported by various financial literacy and inclusion activities
in the BRI group ecosystem and the general public which are Facing 2025, BRI Investment Management will continue to
carried out intensively or through affordable product features for strengthen a solid business foundation and maintain business
the retail segment. continuity through increasing literacy and financial inclusion
that is more collaborative and integrated. In addition, the
In 2023, Danareksa Investment Management officially changed company will comply with new regulations issued by the
its name to BRI Investment Management. This change is in Financial Services Authority (OJK) and the Law regarding
line with the effective majority ownership of BRI on November personal data protection, which will affect the investment
30, 2022. Alignment of strategies and policies in the Group’s manager’s operations in the future.
synergy began to be carried out intensively in 2023 in various
aspects of the Company’s business and operations which are In developing business in 2025, BRI Investment Management has
expected to become the Company’s competitive strength prepared 12 (twelve) strategic initiatives that will form the basis
in increasing its contribution to the investment manager of the work program to be carried out by the Company, namely:
industry. Various collaborations carried out are expected to 1. Scaling up the retail business through development within
increase the integration of BRI Investment Management as the BRI Group ecosystem.
part of the BRI Group. 2. Strengthen flagship products to become top-of-mid in the
industry, supported by global capabilities.
Business Prospects and Strategy of 3. Create new business lines through corporate action
PT BRI Investment Management in 2025 plans, development of Investment Advisory services, and
In early 2024, the main focus was on the dynamics of global exploration of DPLK business.
monetary policy and its impact on the domestic economy. 4. Form a qualified Investment Specialist team to form an
During 2024, the United States Central Bank, The Federal Investment Society through the main APERD (BRI Group).
Reserve (The Fed), cut interest rates three times, with a total 5. Form alternative investment products using productive
decrease of 100 basis points, so that the Fed Funds Rate was and quality BRI Group ecosystem assets as their underlying
in the range of 4.25%-4.50% at the end of the year. This assets.
decrease was triggered by lower-than-expected inflation and 6. Form IT capabilities to support rapid growth and align
slowing US economic growth. business processes
7. Develop an integrated risk management system supported by
In Indonesia, Bank Indonesia (BI) took a similar step by lowering quality human resources and technology.
the BI 7-Day Reverse Repo Rate by 25 basis points to 5.75% in 8. Master the market share of interest-based products (Money
January 2025. This decision was taken to encourage economic Market, Mixed, Protected).
growth amid slowing exports and private investment, despite 9. Develop the InvestASIK application to improve the
pressure on the rupiah exchange rate. investment experience through the development of robo-
advisor features and investment calculators.
Indonesia’s inflation in December 2024 was recorded at 1.57%
annually, slightly up from 1.55% in November, but still within
BI’s target of 1.5%-3.5%. Indonesia’s economic growth in 2024
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Management Discussion and Analysis
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10. Form and strengthen the investment universe with a consolidated net profit of IDR60.64 trillion, a 0.4% increase
measurable and adaptive risks to business developments. from the previous year. In general, BRI’s profit was still able to
11. Implement alignment in human resource management record consolidated net profit growth of IDR60.64 trillion or grew
and sustainable cultural transformation to achieve global by 0.36% annually. All segments contributed positive profits and
standards. the largest was in the micro segment of IDR23.43 trillion. This
12. Sharpen direct client penetration capabilities through the was in line with BRI’s aspirations to increasingly focus on growing
implementation of a business model with an ecosystem sales in the MSME segment, especially micro, which was the main
model. segment in the movement of the Indonesian economy.
Revenue and Profitability of Operating Segment The Company’s net profit growth was inseparable from the
optimization of NII which was recorded at IDR145.31 trillion or
Despite challenging economic conditions, both globally and grew by 5.80% yoy and the Company’s ability in efficiency and
domestically, including high interest rates and the incomplete effectiveness of cost use as reflected in the 2024 CIR ratio of
recovery of public purchasing power post-Covid-19 pandemic, BRI 41.6% or lower than 2023 of 41.9%.
managed to maintain its performance in 2024. The bank recorded
Operating Segment Revenue and Profitability Table for 2024
(in IDR millions)
2024
Description
Micro Retail Corporate Others Subsidiary Total
Interest and premium income-net 59,752,035 29,572,070 5,732,667 15,492,050 35,462,045 146,010,867
Other operating income 24,234,718 20,665,455 3,295,294 2,565,164 3,097,109 53,857,740
Total revenue 83,986,753 50,237,525 9,027,961 18,057,214 38,559,154 199,868,607
Other operating expenses (33,049,703) (23,789,301) (2,365,500) (1,980,212) (21,931,710) (83,116,426)
CKPN expense (21,436,566) (15,972,102) (591,233) 4,860,179 (5,034,441) (38,174,163)
Total expense (54,486,269) (39,761,403) (2,956,733) 2,879,967 (26,966,151) (121,290,589)
Non-operational income
(574,254) (395,266) (41,718) (41,875) 74,205 (978,908)
(expenses) – net
Profit before tax expense 28,926,230 10,080,856 6,029,510 20,895,306 11,667,208 77,599,110
Tax expense (5,495,984) (1,915,363) (1,240,624) (5,616,852) (2,686,479) (16,955,302)
Current year profit 23,430,246 8,165,493 4,788,886 15,278,454 8,980,729 60,643,808
SEGMENT ASSETS
Gross Credit 491,220,118 470,387,225 244,344,259 - 92,366,487 1,298,318,089
Non-credit-Gross - - 50,438,455 635,392,718 153,989,221 839,820,394
Total Net Assets 463,799,448 448,188,061 283,136,349 571,455,124 213,536,988 1,980,115,970
SEGMENT LIABILITIES
Funding 382,926,442 509,274,340 465,246,630 - 8,002,692 1,365,450,104
Non funding - - 15,342,741 147,634,227 141,367,328 304,344,296
Total Liabilities 382,926,442 509,274,340 480,589,371 147,634,227 149,370,020 1,669,794,400
Table of Operating Segment Revenue and Profitability in 2023
(in IDR millions)
2023
Description
Micro Retail Corporate Others Subsidiary Total
Interest and premium income-net 61,646,907 28,729,015 6,018,815 13,907,367 29,580,953 139,883,057
Other operating income 17,639,356 15,903,326 2,962,646 3,844,238 3,057,685 43,407,251
Total revenue 79,286,263 44,632,341 8,981,461 17,751,605 32,638,638 183,290,308
Other operating expenses (31,050,020) (22,253,560) (2,053,648) (1,607,462) (19,817,601) (76,782,291)
268 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
2023
Description
Micro Retail Corporate Others Subsidiary Total
CKPN expense (20,474,879) (13,506,061) 7,888,285 (427,517) (3,159,108) (29,679,280)
Total expense (51,524,899) (35,759,621) 5,834,637 (2,034,979) (22,976,709) (106,461,571)
Non-operational income
(20,591) (77,380) (48,903) (377,093) 124,942 (399,025)
(expenses) – net
Profit before tax expense 27,740,773 8,795,340 14,767,195 15,339,533 9,786,871 76,429,712
Tax expense (5,270,747) (1,671,115) (2,872,313) (4,104,717) (2,085,772) (16,004,664)
Current year profit 22,470,026 7,124,225 11,894,882 11,234,816 7,701,099 60,425,048
SEGMENT ASSETS
Gross Credit 496,554,160 442,703,668 197,696,204 - 75,624,054 1,212,578,086
Non-credit-Gross - - 74,146,859 632,429,871 133,243,664 839,820,394
Total Net Assets 468,573,573 418,508,640 244,435,173 632,353,605 185,530,577 1,949,401,568
SEGMENT LIABILITIES
Funding 373,473,514 488,122,102 491,087,385 - 5,645,760 1,358,328,761
Non funding - - 16,334,295 151,222,833 122,648,999 290,206,127
Total Liabilities 373,473,514 488,122,102 507,421,680 151,222,833 128,294,759 1,648,534,888
Operating Segment Revenue and Profitability Growth Table 2023-2024
(in %)
2023
Description
Micro Retail Corporate Others Subsidiary Total
Interest and premium income-net (3.07%) 2.93% (4.75%) 11.39% 19.88% 4.38%
Other operating income 37.39% 29.94% 11.23% (33.27%) 1.29% 24.08%
Total revenue 5.93% 12.56% 0.52% 1.72% 18.14% 9.04%
Other operating expenses 6.44% 6.90% 15.19% 23.19% 10.67% 8.25%
CKPN expense 4.70% 18.26% (107.50%) (1.236.84%) 59.36% 28.62%
Total expense 5.75% 11.19% (150.68%) (241.52%) 17.36% 13.93%
Non-operational income
2688.86% 410.81% (14.69%) (88.90%) (40.61%) 145.32%
(expenses) – net
Profit before tax expense 4.27% 14.62% (59.17%) 36.22% 19.21% 1.53%
Tax expense 4.27% 14.62% (56.81%) 36.84% 28.80% 5.94%
Current year profit 4.27% 14.62% (59.74%) 35.99% 16.62% 0.36%
SEGMENT ASSETS
Gross Credit (1.07%) 6.25% 23.60% - 22.14% 7.07%
Non-credit-Gross - - (31.97%) 0.47% 15.57% 0.00%
Total Net Assets (1.02%) 7.09% 15.83% (9.63%) 15.10% 1.58%
SEGMENT LIABILITIES
Funding 2.53% 4.33% (5.26%) - 41.75% 0.52%
Non funding - - (6.07%) (2.37%) 15.26% 4.87%
Total Liabilities 2.53% 4.33% (5.29%) (2.37%) 16.43% 1.29%
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Geographic Segment
Geographic Segment Explanation Productivity, Income,
and Profit of Geographic Segmen
Geographical segments involve the provision of goods or services
within specific economic environments that have risks and returns Performance-wise, the Indonesia region holds the primary
differing from those of other operational segments in different composition, as the Company’s focus is on optimizing domestic
economic settings. BRI’s geographical segments are categorized potential. However, all operational units across the five overseas
based on regions, including Indonesia, the United States, Hong regions have demonstrated excellent performance, reflected in
Kong, Singapore, Timor-Leste, and Taiwan. double-digit growth in assets, income, and profit before tax. Asset
growth reached 1.58%, income increased by 9.04%, and profit
before tax rose by 1.53%. The promising business potential and
optimal profitability are key considerations for the Company in
establishing operational units abroad.
Table of Geographic Segment Productivity, Revenue and Profitability
(in IDR millions)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
INCOME
Indonesia 198,449,632 182,635,153 15,814,479 8.66%
United States of America 515,456 203,615 311,841 153.15%
Singapore 585,615 230,848 354,767 153.68%
Timor Leste 204,940 155,785 49,155 31.55%
Hong Kong 29,473 20,423 9,050 44.31%
Taiwan 83,491 44,484 39,007 87.69%
Total Income 199,868,607 183,290,308 16,578,299 9.04%
PROFIT BEFORE TAX EXPENSE
Indonesia 76,897,614 76,060,127 837,487 1.10%
United States of America 224,679 63,686 160,993 252.79%
Singapore 260,519 181,470 79,049 43.56%
Timor Leste 159,696 109,877 49,819 45.34%
Hong Kong 9,177 161 9,016 5.600.00%
Taiwan 47,425 14,391 33,034 229.55%
Total Profit Before Tax 77,599,110 76,429,712 1,169,398 1.53%
ASSETS
Indonesia 1,898,027,423 1,885,581,840 12,445,583 0.66%
United States of America 36,194,629 26,087,423 10,107,206 38.74%
Singapore 36,128,669 28,980,347 7,148,322 24.67%
Timor Leste 6,411,050 6,114,107 296,943 4.86%
Hong Kong 42,145 24,232 17,913 73.92%
Taiwan 3,312,054 2,613,619 698,435 26.72%
Total Assets 1,980,115,970 1,949,401,568 30,714,402 1.58%
LIABILITY
Indonesia 1,589,177,976 1,585,649,437 3,528,539 0.22%
United States of America 36,070,765 26,148,777 9,921,988 37.94%
270 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Singapore 35,828,251 28,855,880 6,972,371 24.16%
Timor Leste 5,953,655 5,792,144 161,511 2.79%
Hong Kong 13,893 6,467 7,426 114.83%
Taiwan 2,749,860 2,082,183 667,677 32.07%
Total Liabilities 1,669,794,400 1,648,534,888 21,259,512 1.29%
National Strategic Projects (PSN) or Other Assignments
Micro Business Loan (KUR) In terms of BRI internal, there was change of business model in
the 2021 PUMK funding program with partnership loan in the
KUR refers to working capital or credit financing that is previous year, as explained below:
provided to individual, corporate, or business groups debtors 1. Up to 2020, partnership loan was under Directorate of Small
that are productive and feasible but not having sufficient and Medium with the following business models, as follows:
additional collateral. The distribution of BRI KUR is governed - Customer in the partnership loan segment was a feasible
by the Regulation of the Coordinating Minister for Economic entrepreneur, yet having not been bankable.
Affairs of the Republic of Indonesia Number 7 of 2024, which - Loan initiative was conducted by RM Program.
amends the previous Regulation Number 1 of 2023 regarding - Maximum plafond of partnership loan was IDR75 million.
the Implementation of Micro Business Loan Guidelines. Dated 2. In accordance with Minutes of Handover Number B.10-
October 21, 2024, a letter from the Coordinating Ministry SSM/01/2021 dated January 15, 2021, the Partnership Loan,
for Economic Affairs of the Republic of Indonesia’s Deputy currently known as MSE Funding Program (PUMK) to be realized
for Macroeconomic and Financial Coordination (Number starting from 2021 became responsibility of Directorate of
PK.KUR/162/D.I.M.EKON/10/2024) announced that the Micro with the following business models, as follows:
Financing Policy Committee for MSMEs has set BRI’s KUR ceiling - PUMK Customer segment is feasible entrepreneurs, yet
at IDR185.5 trillion, aiming to have at least 1,700,000 new KUR having not been bankable satisfying PUMK requirements.
debtors in 2024 for BRI, along with a minimum of 1,005,000 - PUMK program is distributed through BRI Units initiated
graduated debtors. In 2024, BRI Micro KUR already distributed, by Advisors.
amounting to IDR184.98 trillion, which represented 99.72% of
the quota allocated by the Government. The SMEs funding program aims to guide the SMEs-fostered
partners to ward be entry-level KUR debtors, enabling their
Micro and Small Enterprises Funding businesses to thrive and potentially qualify for commercial
loans in the future. This program is structured to support PUMK-
Program (PUMK)
fostered partners in transitioning into entry-level KUR debtors
so that their businesses can expand and potentially serve as a
The Social and Environmental Responsibility (CSR) initiative,
potential pipeline for commercial loan.
implemented through financial support for MSE actors, is known
as the MSE Funding Program (PUMK), previously referred to At the end of 2022, a new directive from the Ministry of State-
as the Partnership Loan Program. This MSE Funding (PUMK) Owned Enterprises mandated that PUMK funds for all state-
represents a government policy executed by all State-Owned owned enterprises were distributed through BRI, as outlined
Enterprises (SOEs) with the purpose of not only conducting in the Ministry of SOEs letter Number S-721 / MBU / 11/2022,
business operations but also fulfilling social responsibilities which recommended BRI as the manager for the PUMK Program
by supporting micro and small businesses through access to collaboration. Consequently, starting in 2023, state-owned
capital and assistance, ultimately enabling them to become enterprises began sending funds to BRI for the distribution
of PUMK. Additionally, in 2023, the total distribution of PUMK
independent or transition to KUR or commercial loans. The MSE
reached IDR872.6 billion, with a total of 30,871 fostered partners.
Funding Program is specifically allocated for productive business
Meanwhile, in 2024, the PUMK distribution amounted to IDR874,6
purposes to empower Micro and Small Enterprises (MSEs).
billion, reaching a total of 28,106 fostered partners.
PT Bank Rakyat Indonesia (Persero) Tbk 271
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Management Discussion and Analysis
on Bank Performance
Social Assistance (Bansos)
The Ministry of Social Affairs of the Republic of Indonesia collaborates with BRI in distributing Social Assistance, the collaboration
is based on Presidential Regulation of the Republic of Indonesia Number 63 of 2017 concerning the Distribution of Non-Cash Social
Assistance. In 2024, there are 2 (two) types of social assistance distributed, including:
1. Family Hope Program Social Assistance (PKH Social Assistance)
Distributed to 2.89 million Beneficiary Families (KPM) with total assistance of IDR8.46 trillion.
2. Basic Food Social Assistance
Distributed to 5.52 million Beneficiary Families (KPM) with total assistance of IDR12.73 trillion.
So that the total assistance distributed from the 2 (two) types of assistance (PKH Social Assistance and Basic Food Assistance) during
2024 is IDR21.19 trillion.
SUMMARY OF THE PERFORMANCE OF THE FINANCE DIRECTORATE
The Finance Directorate plays an important role in running BRI’s All of BRI’s target achievements are closely linked to the
organizational operations and fulfilling the core responsibilities implementation of effective budgeting processes and
of the financial function, from formulating corporate strategy governance, as well as strong performance management,
and Key Performance Indicators (KPI), budget planning, ensuring including the establishment of Key Performance Indicator
reporting accuracy, asset and liability management, to managing targets. Improvements in budgeting processes and financial
the business strategies of subsidiaries to optimize the contribution reporting preparation are evident through the implementation
of subsidiary entities. In line with this, throughout 2024, BRI has of the Enterprise Financial System Transformation initiative
faced challenging conditions due to the global economic situation, and the AI for BRI’s Finance Data initiative. The continuous
which remains shrouded in uncertainty. Additionally, the domestic enhancement of financial report reliability is demonstrated
economy continues to strive for improvement, including efforts to by maintaining ISO 9001:2015 certification in the Audit
enhance people’s purchasing power through various government Surveillance for the Design of Accounting Policy and Accounting
stimulus programs. Internally, BRI continues to ensure that the Control, Preparation and Verification of Published Financial
process of improving asset quality progresses well in accordance Statements, Management Accounting and Analysis, Tax Policy
with the outlined strategy. and Operation, and Internal and External Reporting.
Amidst these internal and external challenges, the company Additionally, there is an initiative for a more granular
has still been able to deliver sustainable financial performance. profitability assessment at the product and customer levels,
This is reflected in BRI’s key financial ratios, such as profit, Pre- enabling every element within BRI to focus more effectively
Provision Operating Profit (PPOP) (both nominal and year-on- on performance achievement. Product management is carried
year growth), Return on Equity (ROE) Tier 1, Loan at Risk (LAR), out adaptively and innovatively, taking into account consumer
and other financial performance indicators, while maintaining protection aspects and strengthening risk management in the
an optimal level of provision adequacy. planning, launching, monitoring, and evaluation processes.
Furthermore, the Finance Directorate plays a role in developing
In addition, as part of the BRI Group conglomerate, which a more robust organizational structure and job descriptions as
manages 10 (ten) subsidiary entities, the company has enablers for achieving BRI’s objectives. The Finance Directorate
consistently demonstrated positive performance. This is also holds strategic responsibilities in ensuring and monitoring
reflected in the growth of subsidiary assets, which increased by the implementation of all corporate initiatives, ensuring
14.57% year-on-year (yoy) and accounted for 10.86% of total they are executed effectively. This is aimed at supporting
consolidated assets. Additionally, the aggregate profit of the the formulation and implementation of strategies that are
subsidiaries grew by 22.29% yoy, contributing 14.73% to total effective, efficient, and high-quality, ultimately driving BRI’s
consolidated profit, which is higher than the previous period’s performance improvement.
12.09%.
272 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
SUMMARY OF THE PERFORMANCE OF THE CHANGE MANAGEMENT
& TRANSFORMATION SUB-DIRECTORATE
The Change Management & Transformation Office (CMT) of BRIvolution 3.0, ensuring the effective implementation
Directorate in 2024 has developed the Corporate Long-Term of strategic initiatives, and delivering added value for the
Plan for 2025–2029 (BRIvolution 3.0), with the aspiration of company’s sustainable growth.
becoming The Most Trusted Lifetime Financial Partner for
Sustainable Growth by 2029. Throughout the process, CMT has The Change Management & Transformation Office (CMT)
played an active role in ensuring the effective implementation Directorate is responsible for formulating and overseeing the
of strategic initiatives as planned. CMT monitors and controls execution of the Corporate Long-Term Plan (BRIvolution 2.0),
these strategic initiatives by ensuring the quality of scope, with the aspiration of becoming The Most Valuable Banking
time, and cost execution through the application of quality Group in Southeast Asia & Champion of Financial Inclusion by
planning, quality assurance, and quality control. Additionally, 2025.
CMT oversees all stages of strategy implementation, from
exploration, design, execution, improvement, and realization, To ensure the transformation process delivers the intended
to conducting post-implementation reviews to evaluate the value, the CMT Directorate, through the PMO Division, acts as a
effectiveness of implemented strategies. thought partner for all directorates in implementing BRIvolution
2.0 strategic initiatives. In 2024, the PMO Division has overseen
As part of strengthening governance, CMT has enhanced the role 49 Strategic Initiatives, consisting of: 14 BRIvolution 2.0
of the Project Management Office (PMO) in strategic planning initiatives (including 3 Moonshot Initiatives, 10 Breakthrough
by leading demand management, acting as an orchestrator Initiatives, and 1 Business-as-Usual (BAU) Initiative) 35 Non-
in managing the company’s strategic needs. Furthermore, BRIvolution 2.0 initiatives. Additionally, the PMO Division has
CMT provides recommendations for corporate actions and conducted monitoring and evaluation of all strategic initiatives
strategic investments to drive sustainable growth and develop within BRIvolution 2.0. As of December 2024, the PMO Division
an ecosystem-based business model to enhance the company’s has conducted post-implementation reviews on 6 Strategic
competitiveness. To reinforce strategy execution, CMT fosters Initiatives and measured transformation effectiveness across
stronger collaboration across the BRI Group to improve project 6 directorates. The PMO Division is also responsible for PMO
management capabilities and business innovation. One of the Steering Committee (PMO SC), studies, monitoring reports, and
innovations being developed is the Corporate Innovation Lab project communication.
(Embrio), which serves as a platform for innovation development In 2024, PMO has conducted four PMO SC meetings on:
and implementation to accelerate business transformation. 1. Monday, June 3, 2024
2. Thursday, September 26, 2024
Through these various initiatives, CMT is committed to 3. Friday, December 6, 2024
accelerating BRI’s transformation in achieving the vision 4. Monday, December 23, 2024
PT Bank Rakyat Indonesia (Persero) Tbk 273
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Management Discussion and Analysis
on Bank Performance
Financial
Review
The financial review described below refers to the Financial present fairly in all material respects, the consolidated financial
Report for the years ending December 31, 2024 and 2023 which position of PT Bank Rakyat Indonesia (Persero) Tbk and its
are presented in this Annual Report. The Financial Statements subsidiaries as of December 31, 2023, as well as its consolidated
have been audited by the Public Accounting Firm Purwantono, financial performance and cash flows for the year ended on
Sungkoro, and Surja (Member of Ernst and Young Global) which that date, in accordance with Indonesian Financial Accounting
states the opinion that the consolidated financial statements 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 millions)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
ASSETS
Cash 29,783,642 31,603,784 (1,820,142) (5.76%)
Giro at Bank Indonesia 88,878,969 101,909,121 (13,030,152) (12.79%)
Giro at other banks 25,582,825 22,331,919 3,250,906 14.56%
Allowance for impairment losses (8,378) (9,984) 1,606 (16.09%)
25,574,447 22,321,935 3,252,512 14.57%
Placement in Bank Indonesia and Other Financial
57,874,335 65,225,260 (7,350,925) (11.27%)
Institutions
Allowance for impairment losses (767) (1,860) 1,093 (58.76%)
57,873,568 65,223,400 (7,349,832) (11.27%)
Securities 326,535,700 331,091,304 (4,555,604) (1.38%)
Allowance for impairment losses (58,823) (81,510) 22,687 (27.83%)
326,476,877 331,009,794 (4,532,917) (1.37%)
Export Bills and Other Bills 40,656,822 54,130,097 (13,473,275) (24.89%)
Allowance for impairment losses (1,075,559) (2,323,916) 1,248,357 (53.72%)
39,581,263 51,806,181 (12,224,918) (23.60%)
Securities Purchased with an Agreement to Resell 16,845,690 33,595,231 (16,749,541) (49.86%)
Derivative Bills 1,087,048 911,683 175,365 19.24%
Loan Given 1,298,318,089 1,212,578,086 85,740,003 7.07%
Allowance for impairment losses (76,902,889) (81,924,402) 5,021,513 (6.13%)
1,221,415,200 1,130,653,684 90,761,516 8.03%
274 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Sharia Loans 49,889,082 45,937,696 3,951,386 8.60%
Allowance for impairment losses (3,995,032) (3,362,178) (632,854) 18.82%
45,894,050 42,575,518 3,318,532 7.79%
Financing Receivables 6,433,608 7,913,465 (1,479,857) (18.70%)
Allowance for impairment losses (165,590) (215,308) 49,718 (23.09%)
6,268,018 7,698,157 (1,430,139) (18.58%)
Acceptance Bill 10,105,373 10,217,408 (112,035) (1.10%)
Allowance for impairment losses (321,683) (249,698) (71,985) 28.83%
9,783,690 9,967,710 (184,020) (1.85%)
Share Participation 8,076,567 7,305,491 771,076 10.55%
Fixed assets
Acquisition cost 88,479,818 81,463,777 7,016,041 8.61%
Accumulated depreciation (26,001,853) (21,785,658) (4,216,195) 19.35%
Net book value 62,477,965 59,678,119 2,799,846 4.69%
Deferred Tax Assets-net 12,867,477 15,605,462 (2,737,985) (17.55%)
Other Assets-net 40,098,976 53,141,760 (13,042,784) (24.54%)
TOTAL ASSETS 1,992,983,447 1,965,007,030 27,976,417 1.42%
LIABILITIES AND EQUITY
LIABILITIES
Immediate Liabilities 36,821,661 30,651,807 6,169,854 20.13%
Customer Deposits
Giro 374,554,340 346,124,372 28,429,968 8.21%
Savings 544,426,947 527,945,550 16,481,397 3.12%
Deposit 446,468,817 484,258,839 (37,790,022) (7.80%)
1,365,450,104 1,358,328,761 7,121,343 0.52%
Deposits from other banks and other financial institutions 14,679,482 11,958,319 2,721,163 22.76%
Securities Sold with an Agreement to Repurchase 25,043,717 19,079,458 5,964,259 31.26%
Derivative Liabilities 1,585,120 925,210 659,910 71.33%
Acceptance Liability 10,105,373 10,217,408 (112,035) (1.10%)
Tax Debt 2,150,487 2,546,839 (396,352) (15.56%)
Securities Issued 32,502,499 49,637,581 (17,135,082) (34.52%)
Loans Received 127,879,804 98,850,813 29,028,991 29.37%
Estimation of Losses on Commitments and Contingencies 2,551,050 6,117,768 (3,566,718) (58.30%)
Employee Benefits Liability 20,936,335 23,059,624 (2,123,289) (9.21%)
Other Liabilities 29,596,987 36,664,617 (7,067,630) (19.28%)
Subordinated Loans and Securities 491,781 496,683 (4,902) (0.99%)
TOTAL LIABILITIES 1,669,794,400 1,648,534,888 21,259,512 1.29%
PT Bank Rakyat Indonesia (Persero) Tbk 275
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Management Discussion and Analysis
on Bank Performance
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
EQUITY
Capital stock 7,577,950 7,577,950 0 0.00%
Additional paid-in capital 75,880,223 75,853,127 27,096 0.04%
Fixed asset revaluation surplus-net 20,222,379 20,216,505 5,874 0.03%
Exchange rate differences due to translation of financial
(204,632) (253,744) 49,112 (19.35%)
statements in foreign currencies
Unrealized gains (losses) on securities classified as fair
(2,196,060) (2,221,745) 25,685 (1.16%)
value through other comprehensive income-net
Allowance for impairment of securities classified as fair
51,931 128,230 (76,299) (59.50%)
value through other comprehensive income
(Loss)/Gain on remeasurement of defined benefit
(505,787) (2,134,699) 1,628,912 (76.31%)
plans-net
Repurchased share capital (treasury shares) (4,349,007) (3,614,321) (734,686) 20.33%
Stock options 313,404 54,769 258,635 472.23%
Compensation reserve for bonus shares 452,031 287,482 164,549 57.24%
Impact of Non-Controlling Transactions 1,758,580 1,758,580 0 0.00%
Retain earning
Its use has been determined 3,022,685 3,022,685 0 0.00%
Its use has not been determined 215,070,141 210,688,737 4,381,404 2.08%
Total Retained Earnings 218,092,826 213,711,422 4,381,404 2.05%
Total equity attributable to the parent entity 317,093,838 311,363,556 5,730,282 1.84%
Non-controlling interests 6,095,209 5,108,586 986,623 19.31%
TOTAL EQUITY 323,189,047 316,472,142 6,716,905 2.12%
TOTAL LIABILITIES AND EQUITY 1,992,983,447 1,965,007,030 27,976,417 1.42%
Consolidated Financial Position Statement Graph
(in trilion Rupiah)
1,965.01
1,992.98
1,648.53
1,669.79
316.47
323.19
Asset Liabilities Equity
2023 2024
276 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Total Assets
In 2024, total assets reached IDR1,992.98 trillion, an increase of contributed by: BRI Bank Only, which grew by 6.09% or increased
1.42% compared to 2023, which stood at IDR1,965.01 trillion. by IDR69.77 trillion, Pegadaian, which saw a 26.35% YoY growth,
This asset growth was primarily driven by productive assets, or an increase of IDR17.80 trillion, PNM, which grew by 3.38%
specifically loans and financing, which increased by 6.09% year- YoY, equivalent to a nominal increase of IDR2.94 trillion.
on-year (YoY) or by IDR88.21 trillion. The loan growth was mainly
Asset Table
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Cash 29,783,642 31,603,784 (1,820,142) (5.76%)
Giro at Bank Indonesia 88,878,969 101,909,121 (13,030,152) (12.79%)
Giro at other banks 25,582,825 22,331,919 3,250,906 14.56%
Allowance for impairment losses (8,378) (9,984) 1,606 (16.09%)
25,574,447 22,321,935 3,252,512 14.57%
Placement in Bank Indonesia and Other Financial
57,874,335 65,225,260 (7,350,925) (11.27%)
Institutions
Allowance for impairment losses (767) (1,860) 1,093 (58.76%)
57,873,568 65,223,400 (7,349,832) (11.27%)
Securities 326,535,700 331,091,304 (4,555,604) (1.38%)
Allowance for impairment losses (58,823) (81,510) 22,687 (27.83%)
326,476,877 331,009,794 (4,532,917) (1.37%
Export Bills and Other Bills 40,656,822 54,130,097 (13,473,275) (24.89%)
Allowance for impairment losses (1,075,559) (2,323,916) 1,248,357 (53.72%)
39,581,263 51,806,181 (12,224,918) (23.60%)
Securities Purchased with an Agreement to Resell 16,845,690 33,595,231 (16,749,541) (49.86%)
Derivative Bills 1,087,048 911,683 175,365 19.24%
Loan Given 1,298,318,089 1,212,578,086 85,740,003 7.07%
Allowance for impairment losses (76,902,889) (81,924,402) 5,021,513 (6.13%)
1,221,415,200 1,130,653,684 90,761,516 8.03%
Sharia Loans 49,889,082 45,937,696 3,951,386 8.60%
Allowance for impairment losses (3,995,032) (3,362,178) (632,854) 18.82%
45,894,050 42,575,518 3,318,532 7.79%
Financing Receivables 6,433,608 7,913,465 (1,479,857) (18.70%)
Allowance for impairment losses (165,590) (215,308) 49,718 (23.09%)
6,268,018 7,698,157 (1,430,139) (18.58%)
Acceptance Bill 10,105,373 10,217,408 (112,035) (1.10%)
Allowance for impairment losses (321,683) (249,698) (71,985) 28.83%
9,783,690 9,967,710 (184,020) (1.85%)
Share Participation 8,076,567 7,305,491 771,076 10.55%
PT Bank Rakyat Indonesia (Persero) Tbk 277
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Management Discussion and Analysis
on Bank Performance
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fixed assets
Acquisition cost 88,479,818 81,463,777 7,016,041 8.61%
Accumulated depreciation (26,001,853) (21,785,658) (4,216,195) 19.35%
Net book value 62,477,965 59,678,119 2,799,846 4.69%
Deferred Tax Assets-net 12,867,477 15,605,462 (2,737,985) (17.55%)
Other Assets-net 40,098,976 53,141,760 (13,042,784) (24.54%)
TOTAL ASSETS 1,992,983,447 1,965,007,030 27,976,417 1.42%
Cash
Cash in 2024 reached IDR29.78 trillion, a decrease of 5.76% IDR1.73 trillion or 5.80% YoY. This adjustment aligns with the
compared to IDR31.60 trillion in 2023. The overall change in cash company’s operational needs.
was largely influenced by the Rupiah currency, which declined by
Table of Cash
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 28,038,188 29,764,399 (1,726,211) (5.80%)
Foreign currency
United States Dollar 1,046,560 1,229,799 (183,239) (14.90%)
Singapore Dollar 273,340 188,217 85,123 45.23%
Euro Europe 137,955 181,540 (43,585) (24.01%)
Australian Dollar 83,216 61,684 21,532 34.91%
Malaysian Ringgit 80,791 41,489 39,302 94.73%
Saudi Arabian Riyal 30,056 67,749 (37,693) (55.64%)
British Pound Sterling 23,408 11,811 11,597 98.19%
United Arab Emirates Dirham 19,924 11,839 8,085 68.29%
Hong Kong Dollar 10,421 10,633 (212) (1.99%)
Brunei Darussalam Dollar 10,374 5,270 5,104 96.85%
New Zealand Dollar 7,001 9,110 (2,109) (23.15%)
Japanese Yen 4,681 2,024 2,657 131.27%
Canadian Dollar 4,555 869 3,686 424.17%
Renminbi 4,134 6,070 (1,936) (31.89%)
Swiss Franc 3,806 3,183 623 19.57%
Philippine Peso 2,868 5,183 (2,315) (44.67%)
Thai Baht 876 1,257 (381) (30.31%)
Vietnamese Dong 662 838 (176) (21.00%)
New Taiwan Dollar 392 327 65 19.88%
278 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
South Korean Won 205 266 (61) (22.93%)
Indian Rupee 137 135 2 1.48%
Papua New Guinea Kina 92 92 0 0.00%
1,745,454 1,839,385 (93,931) (5.11%)
Total 29,783,642 31,603,784 (1,820,142) (5.76%)
Giro at Bank Indonesia
The current account at Bank Indonesia (BI) in 2024 reached increased to 4% at the end of December 2024, compared to 3%
IDR88.88 trillion, a decrease of 12.79% compared to IDR101.91 in December 2023. This incentive was granted to the company for
trillion in 2023. This decline aligns with the Statutory Reserve its positive contribution to loan distribution in priority sectors as
Requirement (GWM) incentive received by the company, which determined by Bank Indonesia.
Table of Giro at Bank Indonesia
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Rupiah 77.556.344 93.630.203 (16.073.859) (17,17%)
United States Dollar 11.322.625 8.278.918 3.043.707 36,76%
Total 88.878.969 101.909.121 (13.030.152) (12,79%)
Giro at Other Banks
The current account at other banks in 2024 reached IDR25.57 third-party foreign currency deposits. This movement aligns with
trillion, an increase of 14.57% YoY compared to IDR22.32 trillion operational needs and liquidity optimization required by the
in 2023. This growth was driven by a 13.92% YoY increase in company.
Table of Giro at Other Banks Based on Currency
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Third party
Rupiah 455,510 269,629 185,881 68.94%
Foreign currency 24,622,578 21,614,031 3,008,547 13.92%
Related parties
Rupiah 470,161 414,931 55,230 13.31%
Foreign currency 34,576 33,328 1,248 3.74%
Total 25,582,825 22,331,919 3,250,906 14.56%
Allowance for impairment losses (8,378) (9,984) 1,606 (16.09%)
Total-Net 25,574,447 22,321,935 3,252,512 14.57%
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Table at Bank Indonesia and Other Financial Institutions
Placements at Bank Indonesia and Other Financial Institutions due to a 37.75% YoY decrease (equivalent to IDR11.49 trillion)
in 2024 reached IDR57.87 trillion, a decrease of 11.27% YoY in Deposit Facility placements at the central bank, as part of
compared to IDR65.22 trillion in 2023. This decline was mainly liquidity adjustments and yield optimization efforts.
Placement Table at Bank Indonesia and Other Financial Institutions Based on Currency and Type
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Third party
Rupiah
Bank Indonesia 18,949,861 30,440,561 (11,490,700) (37.75%)
Inter-bank call money 2,155,000 2,030,000 125,000 6.16%
Time deposit 445,971 576,020 (130,049) (22.58%)
Deposit on Call -
United States Dollar
Bank Indonesia 16,095,000 18,476,400 (2,381,400) (12.89%)
Inter-bank call money 10,611,299 8,442,491 2,168,808 25.69%
Time deposit 10,214 299,469 (289,255) (96.59%)
Other placements 4,216,890 1,924,625 2,292,265 119.10%
Euro Europe
Inter-bank call money 196,370 108,253 88,117 81.40%
52,680,605 62,297,819 (9,617,214) (15.44%)
Related parties
Rupiah
Inter-bank call money 1,000,000 200,000 800,000 400%
Time deposit 982,677 933,662 49,015 5.25%
United States Dollar
Inter-bank call money 3,186,810 1,770,655 1,416,155 79.98%
Time deposit 24,243 23,124 1,119 4.84%
Singapore Dollar
Inter-bank call money -
5,193,730 2,927,441 2,266,289 77.42%
Total 57,874,335 65,225,260 (7,350,925) (11.27%)
Allowance for impairment losses (767) (1,860) 1,093 312.37%
Net 57,873,568 65,223,400 (7,349,832) (11.27%)
Securities
Securities in 2024 reached IDR326.48 trillion, remaining relatively toward higher-yielding assets, particularly loans. Additionally, the
flat with a slight decrease of 1.37% YoY compared to IDR331.09 decline allowed for greater liquidity flexibility, as the composition
trillion in 2023. This movement was driven by a 6.96% YoY of securities classified as fair value through other comprehensive
decline (IDR10.12 trillion) in amortized cost-classified securities. income (FVOCI) increased by 2.78% YoY (IDR4.54 trillion).
The decrease was primarily aimed at optimizing the portfolio
280 PT Bank Rakyat Indonesia (Persero) Tbk
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Table of Securities Based on Remaining Life to Maturity
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Third Party 87,391,531 84,196,563 3,194,968 3.79%
Related parties 239,144,169 246,894,741 (7,750,572) (3.14%)
Total 326,535,700 331,091,304 (4,555,604) (1.38%)
Less allowance for impairment losses (58,823) (81,510) 22,687 (27.83%)
Net 326,476,877 331,009,794 (4,532,917) (1.37%)
Export Bills and Others Receivable Net Derivative Receivables
Export Bills and Other Receivables in 2024 IDR40.66 trillion down Derivative Receivables in 2024 reached IDR1.09 trillion, reflecting
by 24.89% or amounted to IDR13.47 trillion a significant decline an increase of IDR175.37 billion compared to IDR911.68 billion in
compared to IDR54.13 trillion in 2023. This decrease was mainly 2023. These derivative transactions were conducted for hedging
driven by a 43.57% YoY drop or IDR16.27 trillion, in foreign purposes and liquidity management. The recognition of derivative
currency bills receivable. The decline aligns with Indonesia’s net receivables was due to the increase in the fair value of derivatives
export movement, which turned negative at -1.65% in 2024, at the reporting date compared to their contract value.
contrasting with a positive net export of 1.31% in 2023. Several
macroeconomic factors contributed to this downturn, including Loan and Financing Provided (Gross)
global and domestic economic fluctuations, geopolitical issues
in the US and China, and weakened consumer purchasing power. Consolidated Loans and Financing in 2024 reached IDR1,354.64
trillion, marking a 6.97% YoY increase from IDR1,266.43 trillion
Security Purchased Under Agreement to Resell in 2023. This growth was primarily driven by BRI Only loans,
which grew 6.09% YoY (IDR69.77 trillion). All business segments
Securities Purchased with an Agreement to Resell in 2024 recorded optimal growth: MSME segment grew 3.90% YoY
amounted to IDR16.85 trillion, reflecting a 49.86% YoY decline (IDR41.63 trillion), maintaining a strong composition above 80%
compared to IDR33.60 trillion in 2023. This decrease aligns with (81.97%). Corporate segment saw a robust 23.56% YoY increase
the company’s strategy to diversify income sources and optimize (IDR46.57 trillion), primarily driven by high-quality companies
interest revenue by reallocating funds to more productive assets, with value chains linked to BRI’s MSME segment. This credit
particularly credit disbursement. growth alignment and asset quality improvement reflect BRI’s
ability to maintain strong profitability ratios.
Ultra Micro Holding demonstrated strong performance, with
Pegadaian growing 26.35% YoY (IDR17.80 trillion) and PNM
increasing 6.24% YoY (IDR2.94 trillion)
Table of Loan and Financing Provided
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Loan Given 1,298,318,089 1,212,578,086 85,740,003 7.07%
Syariah Loans 49,889,082 45,937,696 3,951,386 8.60%
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Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Finance Lease Receivables 6,433,608 7,913,465 (1,479,857) (18,70%)
Total Loan and Financing Provided (Gross) 1,354,640,779 1,266,429,247 88,211,532 6.97%
Minus reserves (81,063,511) (85,501,888) 4,438,377 (5.19%)
Net 1,273,577,268 1,180,927,359 92,649,909 7.85%
Acceptance Receivable Ragunan and Tabanan, as well as the procurement of additional
computer hardware and software worth IDR1.21 trillion.
Acceptance Bills in 2024 reached IDR10.11 trillion, remaining
relatively stable with a slight 1.10% YoY decrease (IDR112.04 Deffered Tax Assets – Net
billion) compared to IDR10.22 trillion in 2023. This stability was
supported by BRI’s ability to optimize export-import business Deferred Tax Assets (Net) in 2024 amounted to IDR12.87 trillion,
potential, particularly in documentary credit acceptance (L/C) reflecting a 17.55% YoY decrease from IDR15.61 trillion in
transactions. 2023. This decline was primarily driven by a drop in Allowance
for Impairment Losses (CKPN) of IDR852 billion, in line with
Share Participation accelerated resolution of non-performing assets. Despite the
reduction, BRI continues to ensure sufficient provisioning as
In 2024, equity participation reached IDR8.08 trillion, marking part of its risk mitigation strategy for potential deterioration in
a 10.55% year-on-year (YoY) increase compared to IDR7.31 productive assets.
trillion in 2023. The dominant factor driving this growth was the
recognition of the equity method for profits from associated Other Assets – Net
entities, in proportion to BRI’s ownership stake, particularly in PT
Bank Syariah Indonesia and PT Bahana Artha Ventura. In 2024, net other assets reached IDR40.10 trillion, reflecting a
4.54% year-on-year (YoY) decline compared to IDR53.14 trillion in
Fixed Assets 2023. This decrease was mainly attributed to the reduction in the
Government’s KUR interest subsidy receivables, which declined
In 2024, fixed assets reached IDR62.48 trillion, reflecting a 4.69% in line with the Government’s payment process. Additionally,
year-on-year (YoY) increase compared to IDR59.68 trillion in 2023. the decrease was also influenced by movements in ATM CRM
This increase was primarily allocated to enhancing the company’s interbank settlement accounts, amounting to IDR2.9 trillion.
IT infrastructure, as evidenced by the expansion of two IT zones in
Total Liabilities
In 2024, total liabilities reached IDR1,669.80 trillion, reflecting a slight increase of 1.29% year-on-year (YoY) compared to IDR1,648.53
trillion in 2023. This increase was primarily driven by a IDR7.12 trillion rise in customer deposits and a IDR29.09 trillion increase in borrowings
received. Customer deposits remained the largest contributor to total liabilities, accounting for 81.77% of the total.
Table of Liabilities
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Immediate Liabilities 36,821,661 30,651,807 6,169,854 20.13%
Customer Deposits
Giro 374,554,340 346,124,372 28,429,968 8.21%
Savings 544,426,947 527,945,550 16,481,397 3.12%
Deposit 446,468,817 484,258,839 (37,790,022) (7.80%)
1,365,450,104 1,358,328,761 7,121,343 0.52%
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Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Deposits from other banks and other financial institutions 14,679,482 11,958,319 2,721,163 22.76%
Securities Sold with an Agreement to Repurchase 25,043,717 19,079,458 5,964,259 31.26%
Derivative Liabilities 1,585,120 925,210 659,910 71.33%
Acceptance Liability 10,105,373 10,217,408 (112,035) (1.10%)
Tax Debt 2,150,487 2,546,839 (396,352) (15.56%)
Securities Issued 32,502,499 49,637,581 (17,135,082) (34.52%)
Loans Received 127,879,804 98,850,813 29,028,991 29.37%
Estimation of Losses on Commitments and Contingencies 2,551,050 6,117,768 (3,566,718) (58.30%)
Employee Benefits Liability 20,936,335 23,059,624 (2,123,289) (9.21%)
Other Liabilities 29,596,987 36,664,617 (7,067,630) (19.28%)
Subordinated Loans and Securities 491,781 496,683 (4,902) (0.99%)
TOTAL LIABILITIES 1,669,794,400 1,648,534,888 21,259,512 1.29%
Immediate Liabilities Customer Deposits
Immediate liabilities include advance payment deposits, dividend In 2024, customer deposits reached IDR1,365.45 trillion, reflecting
deposits, BRI’s obligations as the issuing bank for ATM and credit a 0.52% year-on-year (YoY) increase compared to IDR1,358.33
cards, remittances, check deposit funds, deposit receipts, clearing trillion in 2023. The highest deposit growth was driven by Current
transactions, tax deposits received by BRI, and social assistance Account and Savings Account (CASA), which grew by 5.14% YoY, or
funds. In 2024, immediate liabilities reached IDR36.82 trillion, IDR44.91 trillion. Meanwhile, time deposits (Deposits) declined by
reflecting a 20.13% year-on-year (YoY) increase compared to 7.80% YoY, equivalent to IDR37.79 trillion.
IDR30.65 trillion in 2023. The largest component of this increase
was the interim dividend payment deposits, which amounted to The increase in deposits was in line with the Company’s first focus
IDR20.34 trillion. This was in line with BRI’s announcement of on optimizing funding by distributing productive assets, especially
interim dividend payments at the end of December 2023, with the recorded loan. The Company was able to maintain LDR, Bank Only
actual payment executed in January 2024. at 89.39%, 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 2024 was recorded as the
highest in history or 67.30% (67.54% Bank Only) 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 Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Giro 374,554,340 346,124,372 28,429,968 8.21%
Saving 544,426,947 527,945,550 16,481,397 3.12%
Time Deposit 446,468,817 484,258,839 (37,790,022) (7.80%)
Total Customer Deposits 1,365,450,104 1,358,328,761 7,121,343 0.52%
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Deposits From Other Banks and Financial Institutions which grew by IDR202.91 billion and IDR481.24 billion,
respectively. This increase was part of the company’s treasury
In 2024, deposits from other banks and financial institutions strategy in response to fluctuating interest rate trends.
reached IDR14.68 trillion, reflecting a 22.76% increase
compared to IDR11.96 trillion in 2023. This increase was part of Acceptance Payable
the company’s strategy to optimize liquidity acquisition and an
effort to diversify funding sources beyond third-party funds. In 2024, acceptance liabilities reached IDR10.11 trillion,
remaining relatively stable with only a slight decrease of 1.10%
Securities Sold Under Agreement to Repurchase YoY, compared to IDR10.22 trillion in 2023. This movement
was partly due to the settlement of several acceptances at the
In 2024, securities sold under repurchase agreements reached end of the year, which were provided as financing in the form
IDR25.04 trillion, marking a 31.26% year-on-year (YoY) increase of bank guarantees and/or promissory notes recorded under
compared to IDR19.08 trillion in 2023. This increase was part commitments and contingencies. As known, at the end of 2024,
of the company’s liquidity fulfillment strategy, particularly for the Government increased State Budget (APBN) spending to
short-term liquidity needs of less than one year, amid a slight sustain economic growth at a stable level.
tightening in third-party funds liquidity.
Tax Payable
Derivative Payable
In 2024, tax payables reached IDR2.15 trillion, reflecting a
In 2024, derivative liabilities reached IDR1.58 trillion, reflecting 15.56% YoY decrease compared to IDR2.55 trillion in 2023. The
a 1613,25% YoY increase compared to IDR925.21 billion in decrease was due to a decrease in the Subsidiary’s Income Tax
2023. The largest increase occurred in foreign currency swap debt of IDR396 billion compared to 2023.
transactions and foreign currency forward buy-sell transactions,
Table of Tax Debt
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
BRI (parent entity)
Income tax
Article 25 1,341,508 1,461,224 (119,716) (8.19%)
Article 29 14,611 20,725 (6,114) (29.50%)
1,356,119 1,481,949 (125,830) (8.49%)
Subsidiary entity
Income tax 682,774 959,642 (276,868) (28.85%)
Value-added tax 111,594 105,248 6,346 6.03%
794,368 1,064,890 (270,522) (25.40%)
Total 2,150,487 2,546,839 (396,352) (15.56%)
Marketable Securities Issued
In 2024, securities issued amounted to IDR32.50 trillion, securities (down IDR9.44 trillion) and a 100% YoY decline in
reflecting a 34.52% year-on-year (YoY) decline compared to foreign currency-denominated securities (down IDR7.70 trillion).
IDR49.64 trillion in 2023. In terms of denomination, this decrease The decline was attributed to the maturity of several securities,
was driven by a 22.51% YoY decline in rupiah-denominated including:
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1. BRI Global Bond of IDR7.8 trillion, matured in July 2023. Estimated Losses On Commitments and Contingencies
2. BRI Green Bond Series A of IDR2.5 trillion, matured in July 2023.
3. PNM Bond III Phase III of 2020 Series A of IDR55 billion, In 2024, estimated loss on commitments and contingencies
matured in April 2023. reached IDR2.55 trillion, marking a 58.30% YoY decrease
4. PNM Bond IV Phase II of 2020 Series A of IDR2.4 trillion, compared to IDR6.12 trillion in 2023. This decline was in line with
matured in May 2023. the decrease in exposure to contingent commitment liabilities,
5. Sustainable Bond II Phase III of 2017 Series B of IDR2.5 such as bank guarantees and letters of credit, particularly from
trillion, matured on August 24, 2024. debtors in the construction sector.
6. Sustainable Environmental Awareness Bond I Bank BRI Phase
II of 2023 Series A of IDR1.35 trillion, matured on October 27, Liabilities for Employee Benefits
2024.
In 2024, employee benefit liabilities reached IDR20.94 trillion,
Fund Borrowings reflecting a 9.21% YoY decline compared to IDR23.06 trillion in
2023. This decrease was attributed to movements in reserves
In 2024, borrowings received amounted to IDR127.88 trillion, for employee benefit programs, which had been adjusted by
reflecting a 29.37% YoY increase compared to IDR98.85 trillion in actuarial calculations. These adjustments were based on changes
2023. This increase was primarily driven by the issuance of Social in key actuarial assumptions, including the discount factor, wage
Loans and Club Loans (SLCL) and bilateral loans, as part of BRI’s growth assumptions, average employee age, and other relevant
strategy to balance liquidity needs, ensuring adequate funding factors.
and optimal allocation.
Table of Employee Benefits Liability
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Provision for employee benefit programs 12,629,995 13,111,142 (481,147) (3.67%)
Bonus and Incentive Reserves 6,828,505 8,496,353 (1,667,848) (19.63%)
Holiday Allowance Reserves 1,217,871 1,207,929 9,942 0.82%
Contract worker reserves 174,964 244,200 (69,236) (28.35%)
Exit Management Reserves 85,000 0 85,000 100.00%
Total 20,936,335 23,059,624 (2,123,289) (9.21%)
Other Liabilities Total Equity
In 2024, other liabilities reached IDR29,60 trillion, reflecting a In 2024, total equity reached IDR323.19 trillion, reflecting a 2.12%
19.28% year-on-year (YoY) decline compared to IDR36.66 trillion YoY increase or IDR6.72 trillion compared to IDR316.47 trillion in
in 2023. This decrease was primarily driven by a decline in Term 2023. This increase was primarily driven by the company’s ability
Deposit Valas Devisa Hasil Ekspor (TD DHE) placements at Bank to sustain net profit, which was recorded at IDR60.64 trillion,
Indonesia. representing a 0.36% YoY increase. Additionally, the increase was
also supported by improvements in other comprehensive income
Subordinated Loans and Marketable Securities from employee benefits, which improved by IDR1.62 trillion, or
a 75.88% YoY enhancement. This improvement was influenced
In 2024, subordinated loans and securities amounted to by movements in key assumptions, particularly the Indonesia
IDR491.78 billion, remaining relatively flat with only a 0.99% YoY Government Security Yield Curve (IGSYC).
decrease compared to IDR496.68 billion in 2023. This was due
to differences in loan acquisition value recognition. In 2023, a
loan maturity of IDR500 billion occurred, which was subsequently
replaced in the same year by the issuance of Subordinated Bond
IV 2023 amounting to IDR500 billion.
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Table of Equity
(In Million Rupiah)
Growth
Description 2024 2023
(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 75,880,223 75,853,127 27,096 0.04%
Fixed asset revaluation surplus-net 20,222,379 20,216,505 5,874 0.03%
Exchange rate differences due to translation of financial
(204,632) (253,744) 49,112 (19.35%)
statements in foreign currencies
Unrealized gains (losses) on securities classified as fair
(2,196,060) (2,221,745) 25,685 (1.16%)
value through other comprehensive income-net
Allowance for impairment of securities classified as fair
51,931 128,230 (76,299) (59.50%)
value through other comprehensive income
Loss)/Gain on remeasurement of defined benefit plans-
(505,787) (2,134,699) 1,628,912 (76.31%)
net
Repurchased share capital (treasury shares) (4,349,007) (3,614,321) (734,686) 20.33%
Stock options 313,404 54,769 258,635 472.23%
Compensation reserve for bonus shares 452,031 287,482 164,549 57.24%
Impact of Non-Controlling Transactions 1,758,580 1,758,580 0 0.00%
Retain earning
Its use has been determined 3,022,685 3,022,685 0 0.00%
Its use has not been determined 215,070,141 210,688,737 4,381,404 2.08%
Total Retained Earnings 218,092,826 213,711,422 4,381,404 2.05%
Total equity attributable to the parent entity 317,093,838 311,363,556 5,730,282 1.84%
Non-controlling interests 6,095,209 5,108,586 986,623 19.31%
TOTAL EQUITIES 323,189,047 316,472,142 6,716,905 2.12%
Capital Stock Repurchased share capital (treasury shares)
In 2024, share capital reached IDR7.58 trillion, remaining In 2024, treasury shares amounted to IDR4.35 trillion, reflecting
unchanged compared to 2023, as there were no corporate a 20.33% YoY increase compared to IDR3.61 trillion in 2023. This
actions related to the issuance of new shares throughout 2024. increase was in line with the share buyback activities conducted
by the company in 2024.
Unrealized Gains (Losses) on Securities Classified
as Fair Value Through Other Comprehensive Non-Controlling Interests
Income-Net
In 2024, non-controlling interests reached IDR6.09 trillion,
In 2024, the unrealized gains (losses) on securities classified as fair marking a 19.31% increase compared to IDR5.11 trillion in 2023.
value through other comprehensive income - net were recorded This increase was driven by the 22.29% YoY increase in the profit
at minus IDR2,20 trillion, which remained relatively stable, with a contribution from Subsidiaries, which rose by IDR1.63 trillion. As
0,16% yoy increase compared to minus IDR2.22 trillion in 2023. a result, the profit contribution from subsidiaries to consolidated
This aligns with the macroeconomic conditions, particularly the profit increased to 14.73%, reflecting a 2.64% YoY improvement
interest rate environment, which remained relatively stable both compared to 12.09% in December 2023.
globally and domestically throughout the year.
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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 Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest Income and Sharia
Interest income 185,272,091 168,270,921 17,001,170 10.10%
Sharia income 13,994,161 12,943,607 1,050,554 8.12%
Total Interest and Sharia Income 199,266,252 181,214,528 18,051,724 9,96%
Interest and Sharia Expenses
Interest expense (56,202,797) (42,658,864) (13,543,933) 31.75%
Syariah expense (1,006,265) (1,153,643) 147,378 (12.78%)
Total Interest and Sharia Expenses (57,209,062) (43,812,507) (13,396,555) 30.58%
Interest Income and Sharia-net 142,057,190 137,402,021 4,655,169 3.39%
Premium income 8,760,610 9,078,853 (318,243) (3.51%)
Claim expense (5,510,130) (6,917,461) 1,407,331 (20.34%)
Premium income-Net 3,250,480 2,161,392 1,089,088 50.39%
Gold Sales Revenue 18,192,082 7,982,888 10,209,194 127.89%
Cost of Goods Sold Gold (17,488,885) (7,663,244) (9,825,641) 128.22%
Gold Sales Revenue -Net 703,197 319,644 383,553 119.99%
Other Operating Income
Provisions and other commissions 20,475,078 18,519,379 1,955,699 10.56%
Receipt of assets that have been written off 25,363,951 16,833,578 8,530,373 50.67%
Gain from sale of securities-net 2,209,474 1,898,653 310,821 16.37%
Foreign exchange transaction gain-net 1,187,862 402,526 785,336 195.10%
Unrealized gains from changes in the fair value of
0 214,435 (214,435) (100.00%)
securities
Others 4,621,375 5,538,680 (917,305) (16.56%)
Total Other Operating Income 53,857,740 43,407,251 10,450,489 24.08%
Allowance for impairment losses on financial assets-net (41,757,637) (29,523,426) (12,234,211) 41.44%
Reversal (charge) of estimated loss allowance on
3,596,482 341,994 3,254,488 951.62%
commitments and contingencies-net
Allowance for impairment losses on non-financial assets-
(13,008) (497,848) 484,840 (97.39%)
net
Other Operating Expenses
Labor and benefits (39,183,567) (37,850,275) (1,333,292) 3.52%
Unrealized losses on changes in the fair value of
(202,928) - (1,168,211) 4.10%
securities
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Management Discussion and Analysis
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Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
General and administrative (20,652,420) (28,484,209) (202,928) (100,00%)
Others (14,077,511) (10,447,807) (3,629,704) 34.74%
Total Other Operating Expenses (83,116,426) (76,782,291) 6,334,136 8.25%
OPERATING PROFIT 78,578,018 76,828,737 1,749,281 2.28%
NON-OPERATING INCOME (EXPENSES) - NET (978,908) (399,025) (579,883) 145.32%
PROFIT BEFORE TAX EXPENSE 77,599,110 76,429,712 1,169,398 1.53%
TAX EXPENSE (16,955,302) (16,004,664) (950,638) 5.94%
NET PROFIT 60,643,808 60,425,048 218,760 0.36%
Accounts that will not be reclassified to profit or loss
Remeasurement of defined benefit plans 2,001,031 (1,787,840) 3,788,871 (211.92%)
Income tax related to accounts that will not be
(376,095) 348,975 (725,070) (207.77%)
reclassified to profit or loss
Fixed asset revaluation surplus 9,670 (82,365) 92,035 (111.74%)
Accounts to be reclassified to profit and loss
Exchange rate differences due to translation of
49,112 (125,790) 174,902 (139.04%)
financial statements in foreign currencies
Unrealized gains (losses) on securities classified as fair
(145,799) 1,782,067 (1,927,866) (108.18%)
value through other comprehensive income
Allowance for impairment of securities classified as fair
(86,410) (9,105) (77,305) 849.04%
value through other comprehensive income
Income tax related to accounts that will be reclassified
36,285 502,669 (466,384) (92.78%)
to profit or loss
Other Comprehensive Income for the Year-After Tax 1,487,794 628,611 859,183 136.68%
TOTAL COMPREHENSIVE INCOME FOR THE CURRENT
62,131,602 61,053,659 1,077,943 1.77%
YEAR
PROFIT FOR THE YEAR ATTRIBUTABLE TO:
Owner of parent entity 60,154,887 60,099,863 55,024 0.09%
Non-controlling interests 488,921 325,185 163,736 50.35%
TOTAL 60,643,808 60,425,048 218,760 0.36%
TOTAL COMPREHENSIVE INCOME FOR THE CURRENT YEAR ATTRIBUTABLE TO:
Owner of parent entity 61,788,171 60,708,390 1,079,781 1.78%
Non-controlling interests 343,431 345,269 (1,838) (0.53%)
TOTAL 62,131,602 61,053,659 1,077,943 1.77%
CURRENT YEAR EARNINGS PER BASIC SHARE ATTRIBUTABLE TO OWNERS OF THE PARENT ENTITY
(in full Rupiah)
Base 399 398 - 0.00%
Diluted 399 398 - 0.00%
288 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Graph of Consolidated Statement of Profit and Loss and Other Comprehensive Income
(in trillion Rupiah)
137,40
142,06
43,81
57,21
43,41
53,86
76,78
83,12
76,83
78,58
60,43
60,64
61,05
62,13
2,16
3,25
Total
Total Interest Total Interest Other Total Other
Premium Operating Comprehensive
Income and and Sharia Operating Operating Net Profit
Income-Net Profit Income for the
Sharia-Net Expenses Income Expenses
Current Year
2023 2024
Interest Income and Sharia IDR43.81 trillion in 2023. Despite this increase, the company
managed to stabilize its cost of funds ratio throughout 2024,
In 2024, interest and sharia income reached IDR199.27 trillion, maintaining it at 3.6%, and achieved an exit cost of fund of
reflecting an 9,96% YoY increase, or an increase of IDRIDR18,05 3.48% in December 2024. This demonstrates the company’s
trillion compared to IDR181,21 trillion in 2023. The majority of ability to manage liquidity needs and growth requirements
the interest income came from loans and financing receivables while maintaining liquidity ratios, specifically the Loan-to-
(including sharia), which accounted for 87.41% of the total Deposit Ratio (LDR), at a level below 90%.
interest income.
Interest and Sharia Income-Net
The company’s interest income from loans was recorded at
IDR174.81 trillion, reflecting a 9.61% YoY increase. Among the In 2024, net interest and sharia income reached IDR142.06 trillion,
various business segments, the ultra-micro and micro sectors, which representing a 3,39% YoY increase compared to IDR137,40
include BRI, Pegadaian, and PNM, contributed 64.01% to the total. trillion in 2023. This increase was driven by the company’s ability
Specifically, BRI’s micro segment grew by IDR275 billion, Pegadaian to enhance interest income, which rose 11.32% YoY through solid
experienced a growth of IDR3.76 trillion, and PNM grew by IDR1.15 growth in productive assets, especially loans. This growth helped
trillion, highlighting strong performance across these business units. offset the impact of the 30.58% increase in interest expenses,
allowing the company to still record optimal net growth.
Interest and Sharia Expenses
In 2024, interest and sharia expenses reached IDR57.21
trillion, showing a 30.58% YoY increase compared to
Table of Net Interest and Sharia Income
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Interest Income and Sharia 199,266,252 181,214,528 18,051,724 9.96%
Interest and Sharia Expenses (57,209,062) (43,812,507) (13,396,555) 30.58%
Interest Income and Sharia-Net 142,057,190 137,402,021 4,655,169 3.39%
PT Bank Rakyat Indonesia (Persero) Tbk 289
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Management Discussion and Analysis
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Premium Income-Net
Net premium income in 2024 reached IDR3.25 trillion, an Company’s Subsidiaries engaged in insurance, namely BRI Life
increase of 50.39% yoy compared to 2023 which reached IDR2,16 and BRI Insurance, which recorded growth of IDR916 billion and
trillion. This increase was contributed by the performance of the IDR212 billion, respectively.
Premium Income-Net
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Premium income 8,760,610 9,078,853 (318,243) (3.51%)
Claim expense (5,510,130) (6,917,461) 1,407,331 (20.34%)
Premium Income-net 3,250,480 2,161,392 1,089,088 50.39%
Other Operating Income
Other operating income in 2024 reached IDR53.86 trillion, or - In terms of segmentation, the micro segment contributed
increased by 24.08% yoy compared to 2023 which reached the largest increase recorded, recovery income for this
IDR43.41 trillion. This increase was contributed by: segment grew 57.00% yoy or increased by IDR4.98 trillion,
- Recovery income rose 50.67% yoy or IDR8.53 trillion, equivalent to a contribution of 58.38% of the Company’s
contributed by an increase in recovery at BRI Parent of total consolidated recovery growth.
IDR7.90 trillion and subsidiaries contributing IDR630 billion.
Table of Other Operating Income
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Provisions and other commissions 20,475,078 18,519,379 1,955,699 10.56%
Receipt of assets that have been written off 25,363,951 16,833,578 8,530,373 50.67%
Gain from sale of securities-net 2,209,474 1,898,653 310,821 16.37%
Foreign exchange transaction gain-net 1,187,862 402,526 785,336 195.10%
Unrealized gains from changes in the fair value of
- 214,435 (214,435) (100.00%)
securities
Others 4,621,375 5,538,680 (917,305) (16.56%)
Total Other Operating Income 83,857,740 43,407,251 10,450,489 24.08%
Provision for Allowance for Impairment Losses on
Financial Assets – Net
The provision for impairment losses on financial assets (CKPN)- of problematic loans. The company’s intention is shown by
net in 2024 reached IDR41.76 trillion or was recorded to have maintaining the ratio related to loan quality at an adequate level
increased by 41.45% yoy or IDR12.24 trillion compared to 2023 with NPL Coverage of 215%, LaR Coverage of 55.94% and LLR at
which reached IDR29.52 trillion. The largest composition of this the level of 5.5%-6% far above the pre-pandemic level of 3%-4%.
burden was allocated to productive assets of loan provided and In the future, it is projected that this provision cost will continue
financing of IDR43.03 trillion where this burden was recorded to to show improvement in line with the process of improving asset
have increased by 49.66% yoy IDR14.28 trillion, this increase is quality that occurs.
in line with the Company’s efforts to accelerate the settlement
290 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Reversal of (Provision For) Allowance for yoy compared to 2023 which reached IDR497.85 billion. This
Estimated Losses On Commitments and decrease was contributed by the completion of the formation of
Contingencies - Net reserves for other receivables owned by the Company’s Subsidiary
to a third party in 2023.
The reversal (burden) of estimated provision for losses on
commitments and contingencies-net in 2024 recorded a reversal Other Operating Expenses
of IDR3.60 trillion. This movement is in line with changes in the
amount of cash loan reserves for several corporate debtors. Other operating expenses (opex) in 2024 reached IDR83.12
so that it also affects the amount of reserves for contingent trillion, an increase of 8.25% yoy compared to 2023 which
commitment assets owned such as bank guarantees and letters reached IDR76.78 trillion. Although it was recorded as growing
of loan. higher than the previous year, in terms of efficiency ratio, there
was an improvement with the Cost to Income Ratio in 2024
Provision for Allowance for Impairment Losses recorded at 41.59%, 31 bps lower than 2023 at 41.89%. This
Non-Financial Assets - Net shows the Company’s success in allocating the growth of this
operating expense to the right business activities so as to create
The provision for impairment losses on non-financial assets in efficient and consistent performance supported by the use of
2024 reached IDR10.19 billion, a significant decrease of 97.95% digitalization in business operational processes.
Table of Other Operating Expenses
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Labor and benefits (39,183,567) (37,850,275) (1,333,292) 3.52%
General and administration (29,652,420) (28,484,209) (1,168,211) 4.10%
Others (14,280,439) (10,447,807) (3,832,634) 36.68%
Total other operating expenses (83,116,426) (76,782,291) (6,334,138) 8.25%
Operating Profit
Amidst the challenges that are not easy both from the global and by solid upperline performance shown by positive growth on the
domestic macroeconomic side and in the midst of the ongoing NII side. sustained increase on the non-interest operating income
asset quality improvement process, the Company was able to side and the Company’s ability to be efficient in operating
create an operational profit of IDR78.58 trillion in 2024, driven expenses.
Table of Operating Profit
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net interest and sharia income 142,057,190 137,402,021 4,655,169 3.39%
Net premium income 3,250,480 2,161,392 1,089,088 50.39%
Total other operating income 53,857,740 43,407,251 10,450,489 24.08%
Allowance for impairment losses on financial assets-net (41,757,637) (29,523,426) (12,234,211) 41.44%
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Management Discussion and Analysis
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Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Reversal (charge) of estimated loss allowance on
3,596,482 341,994 3,254,488 951.62%
commitments and contingencies-net
Allowance for impairment losses on non-financial assets-
13,008 (497,848) 484,840 (97.39%)
net
Total other operating expenses 83,116,426 (76,782,291) 6,334,136 8.25%
Operating profit 78,578,018 76,828,737 1,749,281 2.28%
Non-Operational Income and (Expenses)-Net
Non-operational income and (expenses)-net are items outside income and (expenses)-net in 2023 recorded expenses of
the Company’s operational performance with values that are not IDR978.91 billion or 0.05% of the Company’s assets.
too material and are not sustainable income. Non-operational
Table of Non-Operational Income and (Expenses)-Net
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Profit (loss) on sale of fixed assets 87,922 125,187 (37,265) (29.77%)
Rental income - 458 (458) (100.00%)
Non PUMK Social and Environmental Responsibility (343,079) (341,998) (1,081) 0.32%
Corporate Social Responsibility (41,729) (28,914) (12,815) 44.32%
Donation (888) (363) (525) 144.63%
Others - net (681,134) (153,395) (527,739) 344.04%
Total (978,908) (399,025) (579,883) 145.32%
Profit Before Tax Expense
Profit before tax of IDR77.60 trillion came from the company’s success in maintaining operational profit recorded at IDR78.58 trillion.
Table of Profit Before Tax Expense
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Operating profit 78,578,018 76,828,737 1,749,281 2.28%
Non-operational income (expenses) - net (978,908) (399,025) (579,883) 145.32%
Profit before tax expense 77,599,110 76,429,712 1,169,398 1.53%
292 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Tax Expense Net Profit
The 2024 tax burden reached IDR16.95 trillion, an increase of Amidst the challenges that are not easy both from the global and
5.94% yoy compared to 2023 which reached IDR16.00 trillion. domestic macroeconomic side and in the midst of the ongoing asset
This relatively flat increase is in line with the Company’s pre- quality improvement process, the Company was able to create a net
tax profit growth which grew 1.53% yoy or increased by IDR1.17 profit of IDR60.64 trillion in 2024, an increase of IDR218.76 billion
trillion. The tax rate was recorded at 21.85% or still relatively the compared to IDR60.43 trillion in 2023. Driven by solid upperline
same as 2023 at 20.94%. performance shown by positive growth on the NII side, sustained
increase on the non-interest operating income side and the
Company’s ability to be efficient in operating expenses.
Table of Net Profit
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Profit Before Tax Expense 77,599,110 76,429,712 1,169,398 1.53%
Tax expense (16,955,302) (16,004,664) (950,638) 5.94%
Net profit 60,643,808 60,425,048 218,760 0.36%
Profit for the year attributable to owners of the parent entity in Profit for the year attributable to non-controlling interests in
2024 reached IDR60.15 trillion, recorded an increase of 0.09% 2024 reached IDR488.92 billion, an increase of 50.35% yoy
yoy compared to 2023 which reached IDR60.01 trillion Likewise, compared to 2023 which reached IDR325.18 billion.
Table of Current Year Attributable Profit
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Owner of parent entity 60,154,887 60,099,863 55,024 0.09%
Non-controlling interests 488,921 325,185 163,736 50.35%
TOTAL 60,643,808 60,425,048 218,760 0.36%
Other Comprehensive Income
Other comprehensive income for the current year 2024 reached allowance for impairment of securities classified as fair value
IDR1,49 trillion, an increase of 136,68% compared to 2023 which through other comprehensive income.
reached IDR628.61 billion. The increase was mainly driven by
Table of Other Comprehensive Income
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Accounts that will not be reclassified to profit or loss
Remeasurement of defined benefit plans 2,001,031 (1,787,840) 3,788,871 (211.92%)
Income tax related to accounts that will not be
(376,095) 348,975 (725,070) (207.77%)
reclassified to profit or loss
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Management Discussion and Analysis
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Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Fixed asset revaluation surplus 9,670 (82,365) 92,035 (111.74%)
Accounts to be reclassified to profit and loss
Exchange rate differences due to translation of
49,112 (125,790) 61,691 (490.43%)
financial statements in foreign currencies
Unrealized gains (losses) on securities classified as fair
(145,799) 1,782,067 (1,927,866) (108.18%)
value through other comprehensive income
Allowance for impairment of securities classified as fair
(86,410) (9,105) (77,305) 849.04%
value through other comprehensive income
Income tax related to accounts to be reclassified to
36,285 502,669 (466,384) (92.78%)
profit or loss
Other Comprehensive Income for the Year-After Tax 1,487,794 628,611 859,183 136.68%
Comprehensive Income for the Current Year
Comprehensive income for the current year 2024 reached which increased by 136.68% yoy or an increase of IDR859 billion
IDR62.13 trillion, an increase of 1.77% yoy compared to 2023 and net profit of IDR60.64 trillion or an increase of 0.36% yoy
which reached IDR61.05 trillion. The increase was mainly due compared to 2023 of IDR60.43 trillion.
to Other comprehensive income for the current year-after-tax
Table of Comprehensive Income for the Current Year
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net profit 60,643,808 60,425,048 218,760 0.36%
Other comprehensive income for the year-after tax 1,487,794 628,611 859,183 136.68%
Total Comprehensive Income for the Current Year 62,131,602 61,053,659 1,077,943 1.77%
Comprehensive income for the year attributable to owners Likewise, comprehensive income for the year attributable to
of the parent entity in 2024 reached IDR62.13 trillion, an non-controlling interests in 2024 reached IDR343.43 billion, a
increase of 1.77% yoy compared to IDR61.05 trillion in 2023. decrease of 0.53% compared to IDR345.27 billion in 2023.
Table of Comprehensive Income for the Year Attributable
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Owner of parent entity 61,788,171 60,708,390 1,079,781 1.78%
Non-controlling interests 343,431 345,269 (1,838) (0.53%)
Total 62,131,602 61,053,659 1,077,943 1.77%
294 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Earnings Per Share For the Year
Earnings per share for the year in 2024 reached IDR399, an increase of 0.25% yoy compared to 2023 which reached IDR398. This increase
is in line with the Company’s good performance.
Table of Earnings Per Share
(In Million penuh)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Base 399 398 1 0.25%
Diluted 399 398 1 0.25%
Statement of Consolidated Cash Flows
Table of Statement of Consolidated Cash Flows
(In Million Rupiah)
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
CASH FLOW FROM OPERATING ACTIVITIES
Income received
Interest and investment receipts 191,363,148 171,287,312 20,075,836 11.72%
Sharia income 13,891,084 12,922,019 969,065 7.50%
Premium income 8,760,610 8,996,516 (235,906) (2.62%)
Gold sales revenue 18,192,082 7,982,888 10,209,194 127.89%
Paid expenses
Interest expense (56,282,443) (42,461,798) (13,820,645) 32.55%
Syariah expense (993,686) (1,161,971) 168,285 (14.48%)
Claim expense (5,547,858) (6,549,595) 1,001,737 (15.29%)
Expenses for the cost of goods sold for gold (17,488,885) (7,663,244) (9,825,641) 128.22%
Receipt of assets that have been written off 25,363,951 16,833,578 8,530,373 50.67%
Other operating income 27,775,215 27,049,409 725,806 2.68%
Other operating expenses (84,973,178) (75,776,851) (9,196,327) 12.14%
Non-operational income (expenses) - net (1,108,735) (568,000) (540,735) 95.20%
Payment of corporate income tax (13,742,335) (14,279,292) 536,957 (3.76%)
Cash flows before changes in operating assets and
105,208,970 96,610,971 8,597,999 8.90%
liabilities
Changes in operating assets and liabilities:
Decrease (increase) in operating assets:
Placement in Indonesian banks and other financial
1,273,810 (505,646) 1,779,456 (351.92%)
institutions
PT Bank Rakyat Indonesia (Persero) Tbk 295
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Management Discussion and Analysis
on Bank Performance
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Securities measured at fair value through profit or
(976,011) (1,277,298) 301,287 (23.59%)
loss
Export bills and other bills 13,473,275 (15,015,682) 28,488,957 (189.73%)
Securities purchased with a promise to resell 16,749,541 17,419,447 (669,906) (3.85%)
Loans given (127,686,861) (151,950,901) 24,264,040 (15.97%)
Sharia loans (4,133,183) (8,019,499) 3,886,316 (48.46%)
Financing receivables 1,479,857 (1,213,941) 2,693,798 (221.91%)
Other assets 1,562,240 (15,982,596) 17,544,836 (109.77%)
Increase (decrease) in operating liabilities:
Immediate liabilities 6,169,854 5,741,228 428,626 7.47%
Savings:
Giro 28,429,968 (3,631,218) 32,061,186 (882.93%)
Saving 16,481,397 5,297,630 11,183,767 211.11%
Time deposit (37,790,022) 48,778,336 (86,568,358) (177.47%)
Deposits from other banks and other financial
2,721,163 2,623,772 97,391 3.71%
institutions
Securities sold with an agreement to repurchase 5,964,259 9,081,866 (3,117,607) (34.33%)
Other liabilities (4,645,149) 7,072,077 (11,717,226) (165.68%)
Net cash obtained from/(used) for operating activities 24,283,108 (4,971,454) 29,254,562 (588.45%)
CASH FLOW FROM INVESTMENT ACTIVITIES
Proceeds from sale of fixed assets 129,827 168,975 (39,148) (23.17%)
Share participation (4,912) 36,137 (41,049) (113.59%)
Receipt of dividends 137,035 75,572 61,463 81.33%
Acquisition of fixed assets (10,334,588) (8,177,296) (2,157,292) 26.38%
Decrease/(increase) in securities classified as fair value
9,884,449 2,907,520 6,976,929 239.96%
through other comprehensive income and amortized cost
Net cash obtained from/(used) for investment
(188,189) (4,989,092) 4,800,903 (96.23%)
activities
CASH FLOW FROM FINANCING ACTIVITIES
Receipt (payment) of loans received 42,489,276 31,573,410 10,915,866 34.57%
Loan Repayments Received (13.300,712) (12,212,871) (1,087,841) 8,91%
Shares bought back (875,758) (1,382,284) 506,526 (36.64%)
Distribution of profits for dividends (48,102,283) (43,494,766) (4,607,517) 10.59%
Subordinated loan receipt - 494,142 (494,142) (100.00%)
Subordinated loan payments - (500,000) 500,000 (100.00%)
Proceeds from securities issued 10,905,923 14,112,994 (3,207,071) (22.72%)
Payment for maturing securities (28,578,477) (28,141,850) (436,627) 1.55%
296 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Growth
Description 2024 2023
(IDR) %
(1) (2) (3) (4) = (2)-(3) (5) = (4)/(3)
Net cash (used) for/obtained from financing activities (37,462,031) (39,551,225) 2,089,194 (5.28%)
NET INCREASE/(DECREASE) IN CASH AND CASH
(13,367,112) (49,511,771) 36,144,659 (73.00%)
EQUIVALENTS
THE EFFECT OF CHANGES IN FOREIGN EXCHANGE
17,758 (2,663) 20,421 (766.84%)
RATES
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF
218,677,734 268,192,168 (49,514,434) (18.46%)
THE YEAR
CASH AND CASH EQUIVALENTS AT YEAR END 205,328,380 218,677,734 (13,349,354) (6.10%)
Cash and cash equivalents at year-end consist of:
Cash 29,783,642 31,603,784 (1,820,142) (5.76%)
Giro at Bank Indonesia 88,878,969 101,909,121 (13,030,152) (12.79%)
Giro at other banks 25,582,825 22,331,919 3,250,906 14.56%
Placement with Bank Indonesia and other financial
institutions - maturity period of three months or less from 56,601,825 62,678,940 (6,077,115) (9.70%)
the date of acquisition
Bank Indonesia Certificate-maturity period 4,481,119 153,970 4,327,149 2.810.38%
Three months or less from the date of acquisition 205,328,380 218,677,734 (13,349,354) (6.10%)
Consolidated Cash Flow Statement Graph
(in trillion Rupiah)
24,28
(4,97) (4,99) (0,19) (39,55) (37,46)
Net Cash Obtained from/(used) for Net Cash Obtained from/(used) for Net Cash (used) for/Obtained from
Operating Activities Investment Activities Financing Activities
2023 2024
Cash Flow from Operating Activities
Cash flows from operating activities reflect the sources and uses of IDR8.60 trillion compared to IDR96.61 trillion in 2023.
of cash from the company’s core operational activities. By the end The company’s ability to balance credit growth with liability
of 2024, net cash used for operating activities reached IDR24.28 acquisition also contributed to this trend. In 2024, net cash used
trillion, an increase of IDR29.25 trillion compared to 2023, which for credit financing amounted to IDR127.69 trillion, a decrease
recorded cash outflows of IDR4.97 trillion for operating activities. from IDR151.95 trillion in 2023. Meanwhile, liability growth was
This increase was driven by the company’s operational revenue, driven by an increase in demand deposits and savings, which were
which amounted to IDR105.21 trillion in 2024, an increase recorded at IDR28.43 trillion and IDR16.48 trillion, respectively.
PT Bank Rakyat Indonesia (Persero) Tbk 297
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Management Discussion and Analysis
on Bank Performance
Cash Flow from Investment Activities Cash Flow from Financing Activities
Cash flows from investing activities reflect the sources and uses Cash flows from financing activities reflect the sources and uses of
of cash related to the company’s investment activities. By the end cash related to funding activities, including liquidity of liabilities
of 2024, net cash used for investment activities was recorded at and capital. By the end of 2024, net cash used for financing
IDR188 billion, marking a decrease of IDR4.99 trillion compared to activities reached IDR37.46 trillion, a decrease of 5.28% year-
2023, which recorded net cash inflows from investment activities over-year compared to IDR39.55 trillion in 2023. This movement
of IDR4.99 trillion. This movement in investment cash flows was influenced by several factors, including profit distribution
was directed towards supporting the company’s core business for dividends, which amounted to IDR48.10 trillion—an increase
activities, particularly in credit and financing. The largest source of IDR4.61 trillion compared to 2023. This aligns with BRI’s
of optimization came from securities, while liquidity ratios commitment to creating added value and delivering tangible
remained strong and well above regulatory requirements. benefits to shareholders, including both minority shareholders
and the Republic of Indonesia as the majority shareholder.
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, 2024.
Table of Deposit Counter Rate as of December 31, 2024
Savings Products Interest rate (IDR) Interest rate (USD)
Current account 0.00%-2.00% 0.05%-0.15%
Saving 0.00%-2.50% 0.08%-0.25%
Deposit 3.00%-3.50% 1.00%-2.00%
Loan Interest Rate
In general, the Basic Interest Rate of Loan is calculated based amount of credit interest charged to the debtor is not necessarily
on three components, namely the Cost of Funds for Loan arising the same as the SBDK.
from customer fund collection activities, operational costs
incurred for fund collection and credit distribution activities, and The calculation of SBDK applies to types of corporate credit,
the profit margin component from credit distribution. medium credit, small credit, micro credit, and consumer credit
(KPR and Non-KPR). Non-KPR consumer credit does not includve
The calculation of SBDK does not take into account the risk the distribution of funds through Credit Cards and Unsecured
premium component of the debtor, the amount of which depends Loan. However, Bank Indonesia submits the classification of the
on the assessment of the risk of each debtor. Therefore, the credit according to the bank’s internal criteria.
Quantitative Disclosure Table of Prime Loan Interest Rate
Prime Lending Rate
By Type of Loan
Data Period
December 31, 2024 Non-SME Loans SME Loans Housing/ Non-Housing/
Apartment Apartment
Corporate Retail Medium Small Micro Loan Loan (Non-
(Mortgage) Mortgage)
Principal Price of Funds for Loan 3.80% N/A 3.80% 3.80% 3.80% 3.80% 3.80%
Overhead Costs 1.70% N/A 3.21% 4.48% 8.71% 3.30% 3.10%
298 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Prime Lending Rate
By Type of Loan
Data Period
December 31, 2024 Non-SME Loans SME Loans Housing/ Non-Housing/
Apartment Apartment
Corporate Retail Medium Small Micro Loan Loan (Non-
(Mortgage) Mortgage)
Profit Margin 3.00% N/A 3.54% 2.12% 1.49% 2.91% 2.40%
Basic Loan Interest Rate
8.50% N/A 10.55% 10.40% 14.00% 10.00% 9.30%
(1+2+3)
Note: Effective January 1, 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 non- Total credit limit > IDR500 billion
Corporation
MSMEs and non-retail
Retail N/A N/A
Note
1. SBDK refers to OJK Regulation Number 13 of 2024 dated assessment of the risk for each debtor or group of debtors.
August 12, 2024 concerning Transparency and Publication Thus, the amount of Loan Interest Rate charged to customers
of Basic Loan Interest Rates for Conventional Commercial may differ from the calculation of SBDK.
Banks. 5. SBDK excludes credit distribution with special interest rates,
2. SBDK is determined by the Bank based on various factors, promo interest rates, fixed rates for a certain period of time,
including the reference interest rate set by the competent interest rates for employees for welfare purposes, and the
authority, cost of funds for credit, overhead costs, profit like.
margins, and developments in economic conditions. 6. Information on SBDK that applies at any time can be seen
3. SBDK is used as a reference in determining the credit interest in the publication on the Bank’s website and/or each Bank
rate that will be charged to customers. SBDK does not take Office.
into account the estimated component.
4. Risk premium, the amount of which depends on the Bank’s
Ability to Pay Debt and Receivable Collectibility
Ability to Pay Debt well as requesting explanations, information, and documents,
and examining the Bank’s financial records.
The ability to pay debts is reflected in the Bank’s liquidity and
solvency. In relation to bonds issued, the ability to pay debts is The Ability to Pay Short-Term Debt
reflected in the smooth payment of interest and bond ratings. (Bank Liquidity)
Protection of Loan or Rights The liquidity ratio is a comparison between loans and deposits
(Loan to Deposit Ratio or LDR). BRI’s LDR ratio in December
The Bank has a policy regarding the fulfillment of creditor rights, 2024 was 89.33% (Bank Only), an increase compared to the LDR
which serves as a guideline for borrowing from creditors. The in 2023 which was 84.73% (Bank Only), indicating that banking
objective of this policy is to ensure that creditors’ rights are liquidity conditions are tightening amidst slowing economic
met and to maintain their trust in the Bank. This policy includes growth in Indonesia and stagnation in global economic growth.
considerations in making agreements and follow-up actions in This is reflected in the decline in money supply (M2) as a proxy
fulfilling the obligations of the Public Company to creditors. The for economic activity. In addition, the trend of increasing liquidity
fundamental rights of creditors include, among others, receiving in the banking industry is also influenced by BI’s monetary
principal repayment and interest payments as agreed, obtaining operations.
the right to late payment penalties for principal and interest, as
PT Bank Rakyat Indonesia (Persero) Tbk 299
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Management Discussion and Analysis
on Bank Performance
In accordance with Bank Indonesia Regulation Number The Ability to Pay Long-Term Debt
24/16/PBI/2022 concerning the Fourth Amendment to Bank (Bank Solvability)
Indonesia Regulation Number 20/4/PBI/2018 concerning the
Macroprudential Intermediation Ratio and Macroprudential The Capital Adequacy Ratio (CAR) reflects the Bank’s ability
Liquidity Buffer for Conventional Commercial Banks, Sharia to mitigate risks that may occur in carrying out its business
Commercial Banks, and Sharia Business Units, Banking must processes. In 2024, BRI’s CAR was recorded at 24,41% (Bank
maintain a RIM ratio of 84% to 94%. In calculating the RIM, Only) and 26.63% (consolidation). The CAR ratio is still above
securities issued and administered by the Indonesian Central BRI’s minimum capital requirement according to the BRI Risk
Securities Depository (KSEI) and not owned by the bank for at Profile which refers to the risk profile scorecard assessment,
least 2 (two) months prior to the reporting date and corporate namely 9.63% (Bank Only) and 9.64% (consolidation). With a still
bonds owned are taken into account. BRI’s RIM ratio in 2024 high capital adequacy ratio, BRI is able to anticipate all major
was 91.97% (Bank Only), an increase compared to 2023 which risks that occur in bank management, both market risk, loan risk
was 91.36% (Bank Only). The increase in BRI’s RIM ratio in 2024 and operational risk.
was influenced by an increase in higher assets while there was a
decrease in DPK. Meanwhile, to maintain long-term liquidity resilience, BRI
measures the Net Stable Funding Ratio (NSFR), which compares
In order to improve short-term liquidity resilience, BRI manages available stable funding to required stable funding. In 2024, BRI’s
the Liquidity Coverage Ratio (LCR) which is the ratio between NSFR stood at 127.77%, indicating that the bank successfully
High Quality Liquid Assets (HQLA) and total net cash outflow maintained long-term stable funding adequacy above 100%.
for the next 30 days in a crisis condition. In 2024, BRI’s LCR was
maintained at 159.32% (Bank Only), with the achievement of Ability to Pay Debt From Issued Securities
this LCR, BRI managed to maintain a liquidity adequacy ratio far
above the minimum limit of 100%. The ability to pay debts can also be reflected based on the rating
of the securities issued by the Bank, namely Bonds. Securities
issued are routinely assessed by rating agencies to support the
eligibility of the securities. The quality of securities is largely
determined by the ability of the issuing company to pay its
securities when they mature and its ability to pay interest or
coupons during the term of the securities issuance.
Table of Debt Repayment Capacity of Securities Issued
(In Million Rupiah)
Ranking
Description
2024 2023
BRI Continuous Bonds II Phase I Year 2016 Series E AAA by Pefindo
id id
AAA by Pefindo
BRI Continuous Bonds II Phase II Year 2017 Series D AAA by Pefindo
id id
AAA by Pefindo
BRI Continuous Bonds II Phase III Year 2017 Series C AAA by Pefindo
id id
AAA by Pefindo
BRI Continuous Bonds II Phase IV Year 2018 Series B AAA by Pefindo
id id
AAA by Pefindo
BRI Sustainable Bonds III Phase I Year 2019 Series C AAA by Pefindo
id id
AAA by Pefindo
Sustainable Environmental Bonds I Bank BRI Phase I Year
AAA by Pefindo AAA by Pefindo
2022 Series B id id
Sustainable Environmental Bonds I Bank BRI Phase I Year
AAA by Pefindo AAA by Pefindo
2022 Series C id id
BRI Subordinated Bond IV 2023 iid
AA by Pefindo iid
AA by Pefindo
Sustainable Environmental Bonds I Bank BRI Phase II Year
AAA by Pefindo AAA by Pefindo
2023 Series A id id
Sustainable Environmental Bonds I Bank BRI Phase II Year
AAA by Pefindo AAA by Pefindo
2023 Series B id id
Sustainable Environmental Bonds I Bank BRI Phase II Year
AAA by Pefindo AAA by Pefindo
2023 Series C id id
300 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Ranking
Description
2024 2023
Unsecured Notes due 2024 BBB- by Fitch and Baa2 by Moody’s BBB- by Fitch and Baa2 by Moody’s
Sustainable Environmental Bonds I Bank BRI Phase III
AAA by Pefindo -
Year 2024 Series A id
Sustainable Environmental Bonds I Bank BRI Phase III
AAA by Pefindo -
Year 2024 Series B id
Sustainable Environmental Bonds I Bank BRI Phase III
AAA by Pefindo -
Year 2024 Series C id
Table of Rank Meaning
Rating
Agency
Rating Meaning of Rating
Bonds with an idAAA rating have the highest rating given by Pefindo. The obligor's ability to meet long-term financial
AAA
id commitments on the debt securities, relative to other Indonesian obligors, is superior.
Pefindo
An idAA rated debt differs from the highest rated debt only to a small extent. The obligor's ability to meet its long-term
AA
id financial commitments on the debt, relative to other Indonesian obligors, is very strong.
A BBB rating indicates that the current expectation of default risk is low. The capacity to repay financial commitments
Fitch BBB-
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 have certain speculative
Moody’s Baa2
characteristics.
Receivable Collectibility
Loan collectibility can be measured by the asset quality ratio BRI’s NPL ratio is still far below the maximum regulatory provision
or Non-Performing Loan (NPL). BRI is still able to maintain loan of 5% (net NPL) (PBI Number 3/25/2001). BRI will continue to
quality very well, this can be seen in the non-performing loan improve the effectiveness of loan risk management to maintain
(NPL) ratio in 2024 of 2,94% (Bank Only) and 2.78 (consolidation). and improve asset quality.
Table of Loan Collectibility
(Consolidated, in IDR millions)
Description 2024 2023
Loan 1,354,640,780 1,266,429,247
Performing 1,251,678,340 1,167,044,003
Special Mention 65,260,936 62,062,544
Substandard 4,958,276 5,037,764
Doubtful 9,215,245 7,828,325
Non-performing 23,527,982 24,456,610
NPL 37,701,504 37,322,700
NPL (%) 2.78% 2.95%
PT Bank Rakyat Indonesia (Persero) Tbk 301
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Management Discussion and Analysis
on Bank Performance
The recovery strategy that BRI will implement in 2025 to improve NPLs is as follows:
Strategy 2025
Man Power Plan Policy and Service Innovation
Adjustment of organizational Implementation of NPL
structure to improve the effectiveness management system based on third
of portfolio management. party services
Addition and placement of workforce Partnership and Collaboration Evaluation and refinement of
as needed and development of with External Parties internal policies in line with industry
specialization in certain segments best practices
based on potential and credit risk. Collaboration with various parties
to accelerate the recovery process
through external parties
Collaboration with marketing
agencies and digital platforms to
Strengthening Technology and expand the marketing reach of Performance Acceleration
Supporting Tools assets
Utilization of digital platforms for Rewards for employees who exceed
monitoring loan settlement performance targets
Development of integrated Providing development programs to
information systems improve employee competency in
managing NPL
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 2024.
Table of Profitability and Profitability Ratios (in %)
Bank Only Consolidated
Description
2024 2023 2024 2023
ROA (before tax) 3.76 3.93 3.92 4.18
ROE (Tier-1) 22.91 22.94 21.14 22.01
ROE Balance Sheet 18.40 18.25 19.01 19.80
NIM 6.47 6.98 7.74 8.15
Note:
- There was a change in the calculating method of financial ratios, previously using quarterly ratas to monthly ratas in order to comply
with OJK regulation. The 2023 financial ratio had been adjusted to use monthly ratas.
- In 2024, BRI reclassified fee-based income from Supply Chain Financing (SCF) to Net Interest Income (Non-Loan) of IDR2.4 trillion in
2024 and IDR2.2 trillion in 2023. The calculation of the NIM ratio in both years had been adjusted based on the SCF reclassification.
302 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Return On Assets (ROA) Net Interest Margin (NIM)
ROA (After Tax) at the end of 2024 was recorded at 3.92%, still At the end of 2024, the company successfully maintained a stable
relatively at the 4% level compared to 4.18% in 2023. Amid Net Interest Margin (NIM) at 7.74%. This was primarily driven by
challenging global and domestic macroeconomic conditions, as the optimization of net interest and sharia income, which reached
well as ongoing asset quality improvement efforts, the company IDR142.06 trillion in 2024, reflecting a 5.08% year-on-year (yoy)
managed to generate a net profit of IDR60.64 trillion in 2024, increase compared to IDR135.2 trillion in 2023. This growth was
an increase of IDR218.76 billion compared to IDR60.43 trillion supported by the company’s ability to increase interest income
in 2023. This growth was driven by solid upper-line performance, by 11.32% yoy through strong growth in productive assets,
as indicated by positive growth in NII, sustained increases in non- particularly loans, which helped offset the 30.58% rise in interest
interest operating income, and the company’s ability to optimize expenses, allowing the company to maintain optimal net growth.
operating expenses.
Efficiency Ratio
Return On Equity (ROE)
Operational Cost Ratio to Operating Income
ROE at the end of 2024 was recorded at 19.01%, still relatively (BOPO) and Cost to Income Ratio (CIR)
within the 19.01% range compared to 19.80% in 2023. Amid
challenging global and domestic macroeconomic conditions, as The Company’s efficiency ratio can be seen from BRI’s BOPO
well as ongoing asset quality improvement efforts, the company of 67.64% (Bank Only) and 71.94% (consolidation) and CIR of
managed to generate a net profit of IDR60.64 trillion in 2024, 36.97% (Bank Only) and 41.59% (consolidation). Both efficiency
an increase of IDR218.76 billion compared to IDR60.43 trillion ratios show better development than the previous period. This is
in 2023. This growth was driven by solid upper-line performance, driven by the Company’s success in maintaining the growth of
as indicated by positive growth in NII, sustained increases in non- operating expenses, which is inseparable from the Company’s
interest operating income, and the company’s ability to optimize optimization in the use of digitalization, such as efficiency
operating expenses. in the micro segment which is increasingly efficient with the
optimization of the use of BRISPOT.
Table of Efficiency Ratio
(Bank Only, In %)
Bank Only Consolidated
Description
2024 2023 2024 2023
BOPO 67.64 64.35 71.94 68.21
CIR 37.22 37.74 41.59 41.89
Compliance Ratio
Percentage of Violation and Exceeding of Legal in administrative accounts for each foreign currency, all of which
Lending Limit (LLL) are stated in Rupiah against capital.
In 2024, BRI has no debtors, either related or unrelated parties, In 2024, the Net Open Position (NOP) ratio was recorded at
who do not meet or exceed the Maximum Loan Limit. 2.11%, an increase compared to 0.64% in 2023. Despite the rise,
this NOP figure remains well below the maximum limit set by
Net Foreign Exchange Position Ratio Bank Indonesia, which is capped at 20% of capital, in accordance
with Bank Indonesia Regulation No. 17/5/PBI/2015 dated May
Net Open Position (NOP) is the sum of the absolute value of the 29, 2015, regarding the Fourth Amendment to PBI No. 5/13/
net difference between assets and liabilities and the net difference PBI/2003 on the Net Open Position of Commercial Banks.
between receivables and commitment and contingency liabilities
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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 2024 of 3.12 % (Bank Only) and 2.78% (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
Individual
December 31, 2024
No Description
Special
Current Sub Standard Doubtful Loss
Mention
I RELATED PARTIES
1 Placements with other banks
a. Rupiah 400,000 - - - -
b. Foreign currencies - - - - -
2 Spot and derivative/forward receivables
a. Rupiah - - - - -
b. Foreign currencies - - - - -
3 Securities
a. Rupiah - - - - -
b. Foreign currencies - - - - -
Securities sold with agreement to
4
repurchase (Repo)
a. Rupiah - - - - -
b. Foreign currencies - - - - -
Securities purchased with agreement
5
to resell (Reverse Repo)
a. Rupiah - - - - -
b. Foreign currencies - - - - -
6 Acceptance receivable - - - - -
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Annual Report 2024
(In Million Rupiah
Individual
December 31, 2023
Total Current Special Mention Sub Standard Doubtful Loss Total
400,000 450,000 - - - - 450,000
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
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Management Discussion and Analysis
on Bank Performance
Individual
December 31, 2024
No Description
Special
Current Sub Standard Doubtful Loss
Mention
7 Loans
a. Micro, Small and Medium loans
(UMKM)
i. Rupiah - - - - -
ii. Foreign currencies - - - - -
b Non UMKM
i. Rupiah 2,088,684 - - - -
ii. Foreign currencies - - - - -
c Restructured loans
i. Rupiah - - - - -
ii. Foreign currencies - - - - -
8 Investments in shares - - - - -
9 Other receivable - - - - -
10 Commitments and contingencies
a. Rupiah - - - - -
b. Foreign currencies - - - - -
II THIRD PARTIES
1 Placements with other banks
a. Rupiah 3,402,336 - - - -
b. Foreign currencies 42,855,260 - - - -
2 Spot and derivative receivables
a. Rupiah 681,859 - - - -
b. Foreign currencies 391,643 - - - -
3 Securities
a. Rupiah 195,828,483 24,637 3,067 - 11,021
b. Foreign currencies 115,081,083 - - - -
Securities sold with agreement to
4
repurchase (Repo)
a. Rupiah 20,544,012 - - - -
b. Foreign currencies 5,152,002 - - - -
306 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Individual
December 31, 2023
Total Current Special Mention Sub Standard Doubtful Loss Total
- - - - - - -
- - - - - - -
2,088,684 201,996 - - - - 201,996
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
3,402,335 2,486,626 - - - - 2,486,626
42,855,260 34,143,977 - - - - 34,143,977
681,859 794,380 - - - - 794,380
391,643 111,193 - - - - 111,193
195,867,208 213,770,330 - - - - 213,770,330
115,081,083 125,297,032 - - - - 125,297,032
20,544,012 5,931,829 - - - - 5,931,829
5,152,002 14,372,129 - - - - 14,372,129
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Management Discussion and Analysis
on Bank Performance
Individual
December 31, 2024
No Description
Special
Current Sub Standard Doubtful Loss
Mention
Securities purchased with agreement
5
to resell (Reverse Repo)
a. Rupiah 15,839,261 - - - -
b. Foreign currencies 808,621 - - - -
6 Acceptances receivables 10,105,373 - - - -
7 Loans
a. Micro, Small and Medium loans
(UMKM)
i. Rupiah 608,717,860 40,787,775 3,880,495 6,229,888 13,745,870
ii. Foreign currencies 586,768 644 - - -
b. Non UMKM
i. Rupiah 378,477,447 12,331,906 767,883 2,451,374 6,008,952
ii. Foreign currencies 133,977,809 3,196,467 82,763 241,243 2,273,405
c. Restructured loans
i. Rupiah 35,412,829 26,023,428 2,170,052 4,344,073 7,840,820
ii. Foreign currencies 4,641,796 2,873,983 80,164 135,588 999,926
8 Investments in shares 50,241,445 - - - -
9 Other receivable - - - - -
10 Commitments and contingencies
a. Rupiah 116,221,695 819,769 29,921 39,274 66,279
b. Foreign currencies 84,724,057 81,780 1,015 1,590 14,721
III OTHER INFORMATIONS
Value of bank’s assets pledge as
1
collateral:
a. To Bank Indonesia - - - - -
b. To others - - - - -
2 Repossessed Assets - - - - -
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Annual Report 2024
Individual
December 31, 2023
Total Current Special Mention Sub Standard Doubtful Loss Total
15,839,261 33,350,175 - - - - 33,350,175
808,621 - - - - - -
10,105,373 10,217,408 - - - - 10,217,408
673,361,888 607,935,438 39,407,524 3,918,634 6,078,185 13,108,689 670,448,470
587,412 545,186 - - - 3,464 548,650
400,037,562 344,928,282 13,540,756 649,914 1,308,688 7,573,504 368,001,144
139,771,687 100,903,883 2,846,303 98,396 206,290 2,827,374 106,882,246
75,791,202 47,145,841 27,999,127 2,633,548 4,388,655 9,689,390 91,856,561
8,731,457 4,996,856 2,702,413 - 131,408 2,820,897 10,651,574
50,241,445 49,254,757 - - - - 49,254,757
- - - - - - -
117,176,939 115,900,897 1,250,166 51,005 30,246 57,440 117,289,754
84,823,163 88,444,604 43,719 769 322 3,392 88,492,806
53,246 - - - - - -
- - - - - - -
- - - - - - 56,502
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Management Discussion and Analysis
on Bank Performance
Strategy for Improving Fee Based structure. The ALCO Committee is also responsible for determining
Income strategies and policies for managing BRI’s assets and liabilities
to achieve optimal results while considering potential risks,
During 2024, BRI was able to record fee-based income and other optimum yield generation, and cost efficiency. Additionally, BRI
income (Bank Only) of IDR53.5 trillion or growth of 32.09% yoy. has the KCI Committee as a supporting body to review corporate
This income came from fee-based income of IDR20.4 trillion actions and activities related to the management of subsidiaries,
or growing 12.92% yoy. Other operating income amounting to ensuring optimal capital management for BRI.
IDR8.90 trillion or increasing 44.91% yoy. Recovery income
from productive assets that had been written off amounting to In accordance with the Financial Services Authority Regulation
IDR24.17 trillion or growing 48.53% yoy. In 2024, the largest (POJK) No. 11/POJK.03/2016 dated January 29, 2016, regarding
increase in BRI’s fee-based income was obtained from non- the Minimum Capital Requirement for Commercial Banks, as
e-channel transaction services, insurance product services, amended by POJK No. 34/POJK.03/2016, banks are required to
international business services, e-channel and e-banking maintain a minimum capital in line with their risk profile and
transaction services, and investment services. BRI will continue establish additional capital buffers, as follows:
to increase fee-based income by focusing on increasing e-channel 1. Capital Conservation Buffer of 2.50% of Risk-Weighted
and e-banking transactions in each segment, from the ultra- Assets (RWA)
micro segment to wholesale by providing various services 2. Countercyclical Buffer of 0.00% of RWA
and services according to the characteristics of the segments 3. Capital Surcharge for Systemic Banks of 2.50% of RWA
supported by digital initiatives owned to facilitate each customer
in making transactions such as BRImo, digital saving, QLola With a minimum CAR requirement of 9.64% (consolidated)
and branchless banking/BRILink agency business. In addition, based on its risk profile, BRI’s 2024 CAR of 24.41% (bank only)
increasing fee-based income was also done through cross-selling and 26.63% (consolidated) remains well above the minimum
by collaborating with Subsidiaries. regulatory requirement.
Bank Capital Structure As of December 2024, BRI’s capital structure consists of a Core
Capital (Tier-1) of IDR241.04 trillion (bank only) and IDR291.32
Management Policy for Capital Structure trillion (consolidated), as well as a Supplementary Capital
and Fundamental Selection of Management (Tier-2) of IDR11.73 trillion (bank only) and IDR12.66 trillion
Policy In Capital Structure (consolidated). The Tier-1 Capital Adequacy Ratio (CAR) stands
at 23.28% (bank only) and 25.52% (consolidated). BRI’s Tier-1
The management of capital structure aims to ensure that BRI Capital is equivalent to its Common Equity Tier-1 (CET-1), as BRI
consistently maintains adequate capital to cover inherent risks does not have Additional Tier-1 Capital.
in managing its business while optimizing value for shareholders.
Therefore, BRI’s Tier-1 Capital Ratio is well above the minimum
BRI has established the ALCO Committee as a supporting body requirement of 6% and the minimum Common Equity Tier-1
for the Board of Directors to periodically review BRI’s capital (CET-1) requirement of 4.5% set by the regulator.
Capital Structure Details
A detailed description of the capital structure is presented as follows.
Table of Capital Structure
(consolidated, in IDR millions)
Description 2024 2023
Core (Tier 1) 291,317,196 283,949,415
Common Equity (CET 1) 291,317,196 283,949,415
Supplementary Capital (Tier 2) 12,658,290 12,499,593
Total Capital Available 303,975,486 296,449,008
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Description 2024 2023
RWA for Loan after calculating spesific risks 981,702,825 961,506,352
RWA for Market Risk 33,799,657 5,214,599
RWA for Operational Risk 125,883,982 120,236,798
Total RWA 1,141,386,464 1,086,957,749
CAR Ratio 26.63% 27.27%
CET 1 Ratio 25.52% 26.12%
Tier 1 Ratio 25.52% 26.12%
Tier 2 Ratio 1.11% 1.15%
Minimum CAR based on Risk Profile 9.64% 9.48%
Information on Capital and Risk Exposure
In accordance with the complexity of its business, the Bank 1. Asset Portfolio Composition and Level of Concentration
manages 8 (eight) types of risk, namely credit risk, liquidity risk, Asset portfolio composition and level of concentration In
market risk, operational risk, legal risk, reputation risk, strategic measuring the level of credit concentration risk, BRI uses
risk and compliance risk. However, this section only describes risk parameters including: The composition of loans granted to
management practices for credit risk, market risk, liquidity risk total assets, currently at 65,95% or at a Low to Moderate
and operational risk. Meanwhile, explanations related to other risk profile; the composition of non-corporate loans (Micro,
types of risk are presented in the Risk Profile and Management Consumer, Small, Medium) of total loan is 79,09% with a
section on Corporate Governance in this Annual Report. Moderate to High risk profile; Loan composition to the 25
largest non-bank debtors (groups) excluding related parties
Based on the Otoritas Jasa Keuangan Regulation (POJK) Number to total credit at 15,43%.
32/POJK.03/2016 concerning Amendments to the Otoritas Jasa 2. Quality of funding provision and adequacy of reserves
Keuangan Regulation Number 6/POJK.03/2015 concerning The quality of funding provision is reflected in the
Transparency and Publication of Bank Reports Article 13A Banks indicator of the amount of low quality loans (LaR or Loan
are required to add quantitative information on risk exposures at Risk) of total loans of 10.89% and maintained at a Low
faced by Banks on Publication Report, Otoritas Jasa Keuangan to Moderate risk level. The amount of non-performing
Circular Letter (SEOJK) Number 9/SEOJK.03/2020 of 2020 loans to total loans (NPL) is 2.94% and is at a Moderate
concerning Transparency and Publication of Conventional risk level. The adequacy of reserves is reflected in the LaR
Commercial Bank Reports and POJK Number 18/POJK.03/2016 coverage and NPL coverage ratios. The LaR coverage was
concerning Implementation of Risk Management. 53.75%, above the minimum appetite of 45%, while the
NPL coverage was 199.43%.
Credit Risk 3. Fund provision strategy and sources of fund provision
The strategy for providing funds and the source of the
I. Disclosure of Qualitative Information provision of funds is reflected in the annual credit growth
Regarding General Credit Risk (CRA) target as well as the LDR or Loan to Deposit Ratio target.
The credit growth target is determined by considering
A. Business Model Reflected in the Bank’s Credit Risk macroeconomic conditions, such as economic growth and
Profile Component inflation, as well as the liquidity conditions of the banking
industry.
The business model for BRI individually is reflected in the 4. External factors
parameters/indicators used in assessing the inherent risk of Several external factors can influence growth and loan
credit risk and those used in determining the amount of credit quality, including: economic growth, inflation, consumption
risk reserves, which include: levels, export growth, interest rates and unemployment
rates.
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The business model for BRI on a consolidated basis with a. Must be used, implemented and implemented and
Subsidiaries is reflected in the parameters/indicators used in adhered to by all workers related to credit, including
assessing the inherent risk of credit risk, including: members of the Board of Commissioners and Directors,
1. Asset portfolio composition and level of concentration consistently and consistently.
In measuring concentration level risk, Subsidiary Companies b. This also applies to overseas business units, but the
use parameters including the following: Composition of implementation can be adjusted to local banking
credit, financing and investment provided to total assets; regulations.
MSME loan composition; Composition of credit, financing c. To be able to support the implementation and
and investment to large non-bank debtors outside related implementation of the KPB, apart from understanding
parties; and credit concentration per industrial sector. and complying with the KPB as well as possible, every
2. Quality of funding provision and adequacy of reserves credit officer is also required to:
The quality of funding provision is reflected in indicators 1). Understand and comply with the implementation
including: Ratio of low quality loans, financing and guidelines for each business sector as well as other
investment (LaR/Loan at Risk) to total loans, financing and credit regulations in the field, including changes.
investment; Ratio of non-performing loans, financing and 2). Understand and comply with regulations and policies
investment to total loans, financing and investment (NPL); from regulators, follow developments and changes
and the adequacy of reserves is reflected in LaR coverage, in provisions or regulations as well as all issues
NPL coverage and the amount of Allowance for Impairment related to credit, whether local, regional, national or
Losses on loans to total loans. international in scope.
3. Fund provision strategy and sources of fund provision
The strategy for providing funds and the source of the provision Determination of the Credit Risk Limit is carried out by taking
of funds is reflected in the annual credit growth target as well into account the following matters:
as the LDR or Loan to Deposit Ratio target. The credit growth a. Credit Risk Limits are determined for a business segment
target is determined by considering macroeconomic conditions, (business unit and individual worker), industrial sector,
such as economic growth and inflation, as well as the liquidity customer (debtor) or counterparty, related party,
conditions of the banking industry. economic sector or other forms of classification.
4. External factors b. Credit Risk limits are set at the portfolio level or overall
Several external factors can influence growth and credit level for all products and activities that have Credit
quality, including: economic growth, inflation, consumption Risk exposure including: credit portfolios, securities
levels, export growth, interest rates, gold prices and transactions, trade finance transactions, and other
unemployment rates. products and activities that contain Credit Risk.
c. The Credit Risk limit is determined every year according
B. Criteria and Approaches Used to Determine Credit to the risk appetite and applicable regulations.
Risk Management Policies and Determine Credit d. Determination of limits is carried out using historical
Risk Limits data and taking into account the average data and
standard deviation during the data collection period.
1. The criteria and approaches used by BRI individually to e. As for parameters for which historical data as support is
determine Credit Risk Management policies and determine not yet available, they can be determined using expert
Credit Risk limits are as follows: judgment by considering the Bank Business Plan (RBB),
The preparation of Policies and Procedures must fulfill the Company Budget Work Plan (RKAP), external data,
following points: expertise, knowledge, experience possessed by the
a. Compliance with rules and regulations. decision maker and regulatory provisions. applies.
b. Hierarchy and authority f. In determining risk limits, apart from considering these
c. Clear regulatory scope things, you can also consider forward looking factors
d. Directive, applicable and contains elements of control. such as macroeconomic variables, risk issues and other
e. Oriented towards effectiveness and sustainable business. factors.
g. The division within the SKMR in charge together with the
The application and implementation of the Bank Loan Policy Operational Unit formulates and proposes the objects
must be in accordance with the organization, so that the
implementation of the KPB is as follows:
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and dimensions of the Credit Risk Limit to the Board of (Risk Appetite Statement-RAS) to be subsequently
Directors or RMC to be decided and determined. reported to Shareholders, Board of Commissioners and
Directors.
2. Criteria and Approaches used by Financing Companies to f. Financing concentration limits are managed by preparing
determine Credit Risk Management policies and determine Financing Portfolio Guidelines, limiting heavy equipment
Credit Risk limits mining financing, setting the Maximum Financing
Management of policies and procedures must meet the Limit (BMPP) and determining the Financing Authority
following principles: Delegation Decision (PDWP).
a. Principle of harmony g. Credit Risk Limits are determined, among other things,
b. Principle of suitability of authority including limits for the authority to make financing
c. Principles of effectiveness and efficiency decisions which are adjusted to decision-making
d. Principles of sustainability competence and the level of risk and taking into account
e. Principles of good stewardship and accessibility that there is no conflict of interest in the financing
process provided to customers, determining Limits of
The approach used to determine Credit Risk Management Authority to Decide on Financing (BWMP) including
policies is as follows: limits on handling authority. problematic financing and
a. Business process approach by developing policies and delegation of authority to decide on financing carried
procedures in each business financing process. out in accordance with company regulations.
b. Risk scoring approach by developing analytical tools
based on statistical methods to assess the risk profile 3. Criteria and Approaches used by Securities Companies to
of prospective debtors individually in predicting the determine Credit Risk Management policies and determine
Probability of Default (PD). Credit Risk limits. The Risk Management Policy regulates risk
c. The process of measuring and calculating corporate management principles, including:
financing risk is carried out in the form of measuring risk a. Risk management policy.
profiles and monitoring Risk Appetite Criteria (RAC). b. Risk Management Governance.
c. Risk Management Framework.
Determination of Credit Risk limits is carried out by taking d. Implementation/Risk Management Process.
into account the following matters: e. Risk Criteria.
a. Credit Risk Limits are determined for a business segment f. Risk Management Business Unit.
(business units and employees), industrial sector, g. Approval Authority Policy.
customer or counterparty, related parties, economic h. Securities Trading Transaction Policy.
sector or other forms of classification. i. Margin Policy.
b. Credit Risk limits are determined according to risk j. Tradable shares policy.
appetite, portfolio, RKAP and applicable regulatory and k. Short Term Warehouse Policy.
internal provisions. l. Non-Performing Asset Policy.
c. Determination of limits is carried out using historical m. Margin Transaction SOP (opening a margin account until
data and taking into account the average data and closing a margin account and extending margin)
standard deviation during the data collection period. n. SOP for securities trading transactions.
d. As for parameters for which historical data as support is
not yet available, they can be determined using expert The implementation of Credit Risk management is reflected
judgment by considering the Company’s Long Term Plan in the following matters:
(RJPP), Company Budget Work Plan (RKAP), external a. There is due diligence and risk analysis of transactions
data, expertise, knowledge, experience possessed by the and products before they are carried out by the Business
decision maker and regulatory provisions. applicable. Division. Due Diligence and risk analysis are carried out
e. In determining risk limits, apart from considering these by the Business Division and Risk Management Division
things, you can also consider forward looking factors as outlined in the form of a Risk Evaluation Memorandum
such as macroeconomic variables, risk issues and other (MER) which is the basis for significant decision making
factors. The Board of Directors signs the amount of risk by the Directors and Commissioners.
limit determination in the risk limit statement document
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b. Providing credit limits (margin or other financing) to C. Credit Risk Management Structure and
brokerage customers in accordance with the customer’s Organization and Control Function
background, financial profile and transaction history.
Approval for granting this limit is based on a matrix To support healthy credit provision and the implementation of
of authority to grant approval in accordance with internal control elements from the initial stages of the activity
predetermined risk appetite and risk tolerance. process, in addition to the relationship between bank officials
c. Limitations on shares that can be pledged and transacted in credit such as the Board of Commissioners, Directors, other
by brokerage customers. These restrictions include: Credit Officials and/or business units, BRI and Bank Subsidiaries
1). The share value is recognized as the customer’s and Pegadaian It also has a Credit Policy Committee (KKP) and
portfolio value by determining the share haircut Credit Committee (KK) which are BRI’s credit instruments.
based on regulatory regulations and reassessment
by Risk Management. The duties and responsibilities of each credit instrument in
2). The types of margin shares that may be transacted general are as follows:
are based on the circular issued by the Indonesian 1. Board of Commissioners
Exchange every month and the valuation carried The duties and responsibilities of the Board of Commissioners
out by Risk Management in accordance with the as a credit instrument are as follows:
Company’s Risk Appetite. a. Approve the RBB which includes: annual credit plan,
3). Investment Universe (Bond Universe and Equity plan for providing credit to related parties, and credit to
Universe) is a list of securities that have received certain large debtors submitted to the OJK.
approval from the Risk Management Committee b. Supervise the implementation of credit granting plans
(Mortgage) which can be used as underlying c. Approve Bank Credit Policy (KPB)
assets by the Investment Manager in portfolio d. Request an explanation and/or accountability from the
management. Bank Universe is a list of Counterparty Board of Directors for:
Banks that have obtained Risk Management 1). Development and quality of the overall credit
Committee (Mortgage) approval which can be used portfolio
for placing time deposits. Time deposit placement 2). Corrective steps if the implementation of credit
limits at Counterparty Banks are determined by the disbursement deviates from the established credit
Risk Management Committee (Mortgage) and are plan.
reviewed 2 (two) times a year. 3). Deviations in the implementation of the KPB.
4. Criteria and Approaches used by Insurance Companies to 2. Board of Directors
determine Credit Risk Management policies and determine The duties and responsibilities of the Board of Directors as a
Credit Risk limits. The Risk Management Policy regulates credit instrument are as follows:
risk management principles, including compliance with rules a. Prepare and be responsible for:
and regulations, compliance with hierarchy and authority, 1). Preparation of KPB.
clear regulatory scope, directives and oriented towards 2). Preparation of precredit plans contained in the RBB.
effectiveness and sustainable business. Determination of 3). Implementation of corrective steps based on
Credit Risk limits is carried out by taking into account the evaluation results and suggestions submitted by the
following matters: Credit Policy Committee (KKP).
a. Credit Risk Limits are set for risks related to reinsurance 4). Implementation of corrective steps for various
and investment. irregularities in credit discovered by internal audit.
b. The Credit Risk Limit is determined every year in b. Ensure that the KPB has been implemented and
accordance with the Risk Appetite and applicable implemented consistently and consistently.
regulations c. Determine members of the KKP and Credit Committee
c. Determination of risk limits uses one or a combination (KK).
of regulatory, historical, expert judgment methods by d. Report regularly to the Board of Commissioners regarding
considering the Company’s Business Plan, Company developments in the overall quality of the portfolio and
Budget Work Plan (RKAP), etc. deviations in the implementation of the KPB.
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3. Credit Policy Committee (KKP) Based on the financing implementation guidelines, the
The duties and responsibilities of the KKP as a credit organizational structure and financing management are
instrument are as follows: regulated to support the provision of healthy financing and the
a. Providing input to the Board of Directors in the implementation of risk management in the financing business
preparation of the KPB, especially the formulation of process through:
prudential principles in credit as regulated in the OJK a. Work units related to financing consist of Relationship
PPKPB. Management and Credit Risk Management.
b. Supervise the implementation of the KPB in a responsible b. Financing Business Unit and Financing Officer
and sustainable manner. c. The Financing Committee is a collegial operational tool in
c. Conduct regular KPB reviews carrying out financing evaluations and decisions.
d. Evaluate the correctness of the implementation of the d. Officials involved in the initiative process and funding
authority to decide on credit or provide funds, the process decisions.
of granting credit or providing funds, implementation
of LLL provisions, allowance for reserves, resolution of Taking into account the development of Credit Risk and business
problem loans and compliance with other laws. complexity in Financing Companies with a focus on Credit
e. Conduct a review of the effectiveness of the credit Risk management, the suitability of prospective customers is
internal control system. determined through credit scoring, determining the level of
f. Report to the Board of Directors and Board of approval and limits of authority to decide on financing by the
Commissioners regarding the results of supervision of Financing Committee as stated in the ULaMM/ULaMM Financing
the implementation of the KPB and evaluation results and Operational Policy Sharia and Mekaar/Mekaar Sharia as well
reports. as determining approval level schemes and authority limits to
g. Monitor the development of the quality of the credit or decide on tiered financing.
financing portfolio as a whole.
4. Credit Committee For Venture Companies, the formation of an Organizational
(KK) The duties and responsibilities of KK as a credit Structure takes into account the complexity of business
instrument are as follows: processes and daily operations. In connection with this, the
a. Provide credit approval based on competence honestly, Venture Company established a Risk Management Business Unit
objectively, carefully and thoroughly. which is under the supervision of the Portfolio & Finance Director.
b. Refuse requests and/or influence from interested parties The business units in contact with investment risk are all divisions
in credit applications to provide credit approval which is under the Investment Directorate and the Kupang Financing
only a formality. Branch Office which is under the supervision of the Portfolio &
c. Coordinating with ALCO in aspects of credit funding Finance Directorate. To realize healthy business activities and
5. Credit Business Unit and Loan implement internal control elements, the Company formed a
Officers Credit Business Units (SKP) are Relationship committee for investment activities (both deploy/divest).
Management (RM) and Credit Risk Management (CRM) ranks
located at the Head Office, Regional Offices, Special Branch For Securities Companies, the Risk Management Division is a Risk
Offices, Branch Offices, Sub-Branch Offices, BRI Units and Management Unit (SKMR) which is independent of operational
BRI Business Units abroad. Loan officers consist of credit line units and is directly responsible to the Director in charge of
workers and credit support workers. the Risk Management Function. In managing risks arising
from business activities and coordinating all risk management
For Financing Companies, based on company accountability, the activities, relevant Executive Committees were formed, which
Risk Management Business Unit consists of the Enterprise Risk include, among other things:
Management Section, Operational Risk Management Section, a. The Risk Management Committee is tasked with providing
Modeling and Portfolio Management as well as the Policy and recommendations to the Board of Directors related to
Procedures Section. SKMR is responsible for achieving a healthy the preparation/refinement of the Risk Management
financing portfolio, periodically reviewing financing policies and Policy, determination (justification) of matters related to
guidelines, delegating authority to decide financing to Credit business decisions that deviate from normal procedures
Risk Management officials in accordance with limits, ratifying (irregularities), determination of policies and procedures,
Financing Portfolio Guidelines and members of the Financing determination / Investment Universe approval, and approval
Committee. of transaction limits.
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Management Discussion and Analysis
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b. The Investment Committee is tasked with discussing, evaluating, recommending and determining the range of investments,
investment limits, types of investments and investment strategies that must be implemented by the Investment Management Team.
c. The Product Committee is tasked with approving product formation, evaluating existing products, proposing product development/
mergers, and proposing product marketing concepts to the Board of Directors.
For Insurance Companies, to control the growth of Credit Risk and implement elements of internal control starting from the early stages
of the activity process, in addition to the relationship between officials in Credit Risk such as the Board of Commissioners, Directors, other
officials and/or business units, the Insurance Company has an Investment Committee.
D. The Relationship Between the Functions of Credit Risk Management, Risk Control, Compliance and Internal Audit
Board of Directors and Board of Commissioners
Active Supervision of the Adequacy of Policies, Adequacy of MR Process
Adequacy of
Board of Directors and Procedures and Setting & Risk Management
Internal Control
Board of Commissioners Limits Information System
Board of Risk Management Function
Board of Director
Commissioners Identification, Measurement,
Executing Function
Oversight Function Monitoring, Control
Three Lines Model
Risk Risk Management
Management 1st Line 2nd Line 3rd Line
Committee Credit Policy
Monitoring Committee
Committee Independent
Credit Strategic Business Unit Risk Unit Assurance
Risk Risk
Internal
Market Compliance Compliance Audit Unit
Integrated Operation
Risk Risk Credit Unit
Governance
Committee
Committee
Liquidity Reputation Risk Taking Unit Risk & Compliance
Risk Risk Control
Operational Intragroup
Risk Risk Integrated Risk
Audit Management
Committee Committee Risk Management
Legal Insurance
Risk Risk
Information System
Climate Change Risk ESG Committee
In implementing Credit Risk Management at BRI, the Risk The Credit Risk Control Unit is divided into business segments,
Management Director oversees the Credit Risk Management namely:
function as well as the Credit Risk Control Unit. The Credit Risk 1. Wholesale Credit Risk Analysis Division plays a role in
Management function is part of the Risk Management Unit which controlling credit risk in the corporate segment on a
consists of: transactional basis.
1. Credit & Product Risk Policy Division plays a role in preparing 2. The Executive Risk Officer Team plays a role in controlling
credit policies and preparing the Internal Risk Rating model. credit risk in the Medium segment on a transactional basis.
2. Market, Portfolio & Enterprise Risk Division plays a role in 3. Credit Risk Analysis Regional Office plays a role in controlling
preparing credit portfolio policies, preparing credit risk limits, credit risk in the Medium segment on a transactional basis.
preparing policies & calculating Allowance for Impairment
Losses and RWA for credit risk as well as portfolio monitoring,
as well as credit risk stress tests.
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The Compliance Function is carried out by the Compliance Investment Committee is also formed to determine investment
Division and the Policy & Procedure Division has a role in policy and investment decisions to related parties and third
formulating policies, preparing Standard Operating Procedures, parties with a certain nominal value and time period.
and carrying out Compliance Tests to ensure that BRI has
complied with applicable laws and regulations and ensures that For Venture Companies, the investment risk management
business activities do not deviate from laws and regulations. function is divided into two parts, namely before the investment is
made (investment risk management) and after the investment is
The Internal Audit Unit as Independent Assurance has an important made (portfolio risk management). At the pre-investment stage,
role in assessing the effectiveness of the implementation of credit the investment team coordinates with the risk management,
risk management, both on a transactional basis and on a portfolio compliance and legal departments to ensure that all investment
basis. Apart from that, Internal Audit Unit is also a member of the stages are compliant. Apart from the Risk Management Unit
Credit Policy Committee so that recommendations from audit of BRI Ventures, there is a Internal Audit Unit of BRI Ventures
results are part of improving credit policy. which functions as internal control and third line of defense in
implementing company risk management. Internal Audit Unit of
In Subsidiary Companies, the implementation of second line BRI Ventures contributes to providing support for internal control
and third line of defense is adjusted to business needs and and fraud indication. Internal Audit Unit of BRI Ventures also
operational complexity as seen from the organizational structure periodically carries out risk based audits. In its implementation,
of each Subsidiary Company. For Bank Subsidiaries, Pegadaian the audit process is also monitored by the BRI Internal Audit
and Finance Companies, the risk management function plays a Unit team offsite. If necessary, the BRI Internal Audit Unit team
role in monitoring and controlling risks in aggregate as well as can carry out ad-hoc joint audits. This is aimed at maintaining
developing credit risk policies & methodologies. Control over operational efficiency at BRI Ventura without reducing the
problem loans (Substandard, Doubtful and Loss Collection) is quality of audit results.
carried out by Credit Risk Management (CRM) or RM (Relationship
Management) officers appointed to handle problem loans. E. Scope and Main Information From Reporting on
In addition, the compliance function ensures due diligence Credit Risk Exposure and Credit Risk Management
regarding credit provision with the decision of the credit Functions to the Board of Directors and Board of
committee and the Internal Audit Unit plays a role in ensuring Commissioners
that credit provision meets the principles of healthy credit
provision and is in accordance with the credit policy and Credit BRI’s Risk Management Unit and all Subsidiary Companies in
Grant Guidelines. charge of credit risk prepare risk management reports in a format
that complies with applicable regulations, both on a consolidated
For Insurance Companies, the Risk Management function has and integrated basis. Credit risk management reporting to the
the responsibility and authority to manage the preparation/ Board of Directors, Board of Commissioners and certain parties,
evaluation/refinement of risk management plans and strategies including:
as well as policies, methodologies, guidelines for risk management 1. Individual and Consolidated Bank Risk Profile and Health
tools and measurements. The Compliance Function has the Level Reports
responsibility and authority to manage and evaluate activities, 2. Allowance for Impairment Losses and ATMR reports for Credit
operational activities, Company policies and guidelines that are Risk
adequate in accordance with legal and regulatory provisions, as 3. Loan growth progress report
well as managing all Regulatory policies implemented in each 4. Loan quality development report
Business Unit. The Internal Audit function has the responsibility 5. Report on the development of restructured credit
and authority to carry out internal audit activities in the form of 6. Report on the use of the write-off budget (PH) and the
Assurance services and consulting services as a Strategic Business realization of recovery income
Partner for the company’s business processes. In controlling the 7. Monitoring reports on Allowance for Impairment Losses
growth of credit risk and implementing internal control elements costs and reserve ratios, for example NPL Coverage and LAR
starting at the initial stage of the activity process, in addition to Coverage
the relationship between officials in credit risk such as the Board 8. Credit Risk Stress Test Results both in portfolio and for large
of Commissioners, Directors, other officials and/or divisions, an customers
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II. Disclosure of Credit Quality on Assets (CR1)
1) BRI Individually
(in IDR million)
Gross Carriying Value CKPN
Net Worth
Claims That Have CKPN Stage 2 and
Impaired Bills Stage 1 (a+b+c)
Been Due Stage 3
a b c d e f
1 Loans 125,487,276 1,090,359,959 71,161,833 54,162,341 16,999,492 1,144,685,402
2 Securities - 281,451,212 45,656 - 45,656 281,405,556
Administrative
3 Account 4,352,528 197,647,575 2,550,387 1,344,794 1,205,593 199,449,716
Transactions
4 Total 129,839,804 1,569,458,746 73,757,876 55,507,135 18,250,741 1,625,540,674
(2) BRI Consolidated with Subsidiaries
(in IDR million)
Gross Carriying Value CKPN
Net Worth
Claims That Have CKPN Stage 2 and
Impaired Bills Stage 1 (a+b+c)
Been Due Stage 3
a b c d e f
1 Loans 128,469,333 1,234,815,120 81,063,511 59,961,770 21,101,741 1,282,220,941
2 Securities - 288,554,868 58,823 - 58,823 288,496,045
Administrative
3 Account 4,352,872 197,770,860 2,551,050 1,344,807 1,206,243 199,572,682
Transactions
4 Total 132,822,205 1,721,140,848 83,673,384 61,306,577 22,366,807 1,770,289,669
Additional Disclosures
Past-due receivables refer to claims against debtors who have defaulted or any receivables that have been overdue for more than 90
(ninety) days, whether for principal payments and/or interest payments.
III. Disclosure of Mutations In Credits and Mate Securities (CR2)
1) BRI Individually
(in IDR million)
a
1 Loans and Securities that have matured in the last reporting period 136,847,602
2 Loans and Securities that have matured in the last reporting period 41,660,311
3 Loans and Securities that return to bills that have not yet matured 15,598,364
4 Write-off value 22,011,020
5 Another change -15,411,253
6 Loan and Securities that have matured at the end of the reporting period (1+2-3-4+5) 125,487,276
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(2) BRI Consolidated with Subsidiaries
(in IDR million)
a
1 Loans and Securities that have matured in the last reporting period 139,347,528
2 Loans and Securities that have matured in the last reporting period 43,310,808
3 Loans and Securities that return to bills that have not yet matured 22,644,732
4 Write-off value 22,486,497
5 Another change (9,057,775)
6 Loan and Securities that have matured at the end of the reporting period (1+2-3-4+5) 128,465,333
IV. Additional Disclosures Regarding the Quality of Credit on Assets (CRB)
Qualitative
SCOPE AND DEFINITION OF MATURED CLAIMS AND IMPAIRED b. Measurement of Expected Loan Losses
CLAIMS The main inputs in measuring expected loan losses are the
following variables:
Matures Claims are all Matures Claims more than 90 (ninety) • Probability of Default (PD)
days, both for principal payments and/or interest payments or • Loss of Given Default (LGD)
debtors who are in default. Bills that are impaired in value are • Exposure at Default (EAD)
bills that experience a condition where an adverse event occurs
(objective evidence) as a result of one or more events that occur These parameters generally come from internally developed
after the loan is granted which has an impact on the debtor’s statistical models and other historical data. These parameters
ability to pay in the future. All Mature Claims more than 90 days are adjusted to reflect forward-looking information.
old are included in the bill as having an impairment value.
The PD estimate is an estimate as of a specific date,
INPUT, ASSUMPTIONS, AND TECHNIQUES USED IN calculated based on a statistical rating model, and assessed
ESTIMATION OF VALUE IMPAIRMENT using ratings adjusted for various categories of debtor
a. Use of forward-looking information and exposure. This statistical model is based on internally
The Bank uses forward-looking information in assessing compiled data consisting of quantitative, qualitative factors
whether there has been a significant increase in Credit Risk and forward-looking estimates. LGD is the amount of loss if a
and measuring expected Loan losses. Based on advice from payment default occurs.
the Risk Management Committee, economic experts and
consideration of various actual information and external LGD parameters are estimated historically based on the
estimates, the Bank formulates a basic view (base case) recovery rate of claims against defaulting debtors. LGD
regarding the movement of relevant economic variables is also observed by considering cash collateral which is an
in the future as well as estimates of other scenarios that integral part of the outstanding financial assets as well as
may occur. This process involves developing two or more costs incurred in the recovery process.
additional economic scenarios and considering the relative
probabilities of possible outcomes. External information EAD represents the estimated exposure in the event of
includes economic data and forecasts published by, such as default. The EAD of a financial asset is the gross carrying
government bodies and selected private sector analysts and amount. For loan commitments and financial guarantees,
academics. The basic view (base case) is used in strategic the EAD includes the amount that has been drawn, as well as
planning and budgeting. The other scenarios reflect more the potential future amount to be drawn, estimated based on
optimistic outcomes and more pessimistic outcomes. historical observations.
PT Bank Rakyat Indonesia (Persero) Tbk 319
Page 322
Management Discussion and Analysis
on Bank Performance
Quantitative
1) Disclosure of Net Claims by Region
1) BRI Individually
(in IDR million)
December 31, 2024
Net Bills By Region
Portfolio
No
Category Jawa
Kalimantan Bali & Nusa Indonesia
Jakarta Jawa Barat Tengah & Jawa Timur Sumatera Other
& Sulawesi Tenggara Timur
DIY
a b c d e f g h i j k
Claims against
1 359,596,614 - - - - - - - 5,976,532
Government
Claims against Public
2 105,508,957 18,967 8,911 1,121 413,180 53,861 623,845 95,041 1,925,649
Sector Entities
Claims against
Multilateral
3 Development Banks - - - - - - - - -
and International
Institutions
4 Claims against Banks 75,219,980 19,713 - - 3,003 - 11,170 - 204,667
Claims on Covered
5 - - - - - - - - -
Bonds
Claims to Securities
Companies and Other
6 4,384,708 - 102 - 16,449 - 14 - 9,936
Financial Services
Institutions
Receivables in the
form of Securities/
Subordinated
7 6,546,863 - - - - - - - -
Receivables, Equity
and Other Capital
Instruments
Residential Property
8 13,328,406 24,296,110 9,457,243 4,663,371 18,918,012 19,908,001 21,448,004 28,055,607 322,320
Secured Loans
Commercial Property
9 5,283,651 5,710,039 2,513,863 1,697,039 6,281,702 3,061,311 6,438,363 8,795,541 18,632
Secured Loans
Loan for Land
Acquisition, Land
10 4,023,501 423,218 84,108 166,903 520,343 210,906 664,805 1,191,659 -
Processing and
Construction
Employee or
11 9,546,635 36,961,253 11,687,475 11,771,509 19,023,291 10,749,161 12,604,073 26,538,550 943
Pensioner Loan
Claims to Micro
Businesses, Small
12 82,415,337 82,681,127 31,917,738 12,629,579 61,242,061 74,909,268 70,443,459 97,111,812 39,603,028
Businesses and Small
Portfolios
13 Bills on Corporations 144,473,718 14,616,741 3,389,286 1,599,228 14,173,023 6,853,097 13,404,786 14,258,667 27,213,693
Claims That Have
14 14,326,811 10,296,141 4,086,178 1,755,929 13,586,134 9,990,854 8,589,568 9,108,966 1,808,176
Been Due Date
15 Other Assets 42,864,463 9,932,017 4,509,046 3,495,394 7,645,609 7,788,429 6,332,523 11,280,768 2,319,402
TOTAL 867,519,643 184,955,327 67,653,950 37,780,073 141,822,806 133,524,888 140,560,609 196,436,611 79,402,979
320 PT Bank Rakyat Indonesia (Persero) Tbk
Page 323
Annual Report 2024
December 31, 2023
Net Bills By Region
Jawa
Kalimantan Bali & Nusa Indonesia Jawa
Total Jakarta Jawa Barat Tengah & Sumatera Other Total
& Sulawesi Tenggara Timur Timur
DIY
l m n o p q r s t u v
365,573,146 406,510,805 - - - - - - - 1,207,001 407,717,806
108,649,531 89,613,901 749,987 - - 6,631,633 1,882 666,841 1,763,030 - 99,427,274
- - - - - - - - - - -
75,458,533 63,815,228 2,805 - - 5,076 2,906 2,283 - - 63,828,298
- - - - - - - - - - -
4,411,209 2,682,595 - - - - - - - - 2,682,595
6,546,863 5,560,175 - - - - - - - - 5,560,175
140,397,074 12,238,116 21,327,795 8,235,359 4,120,161 15,235,886 18,957,698 19,385,793 24,097,718 - 123,598,526
39,800,141 3,776,565 5,147,960 2,060,976 1,336,583 5,837,216 2,622,677 5,455,095 7,708,663 - 33,945,735
7,285,443 1,900,894 3,748,578 703,073 68,677 152,725 2,294,804 279,555 608,508 - 9,756,815
138,882,889 9,559,254 36,995,284 12,100,139 10,780,419 18,682,474 10,818,992 12,531,402 25,391,590 - 136,859,554
552,953,409 103,055,001 54,962,483 75,417,509 32,565,302 13,589,473 82,304,455 86,339,094 68,684,162 7,853,317 524,770,796
239,982,238 136,814,743 14,369,731 2,706,404 2,682,446 12,285,277 7,264,781 12,409,380 15,640,558 15,408,510 219,581,829
73,548,756 12,837,462 12,781,888 6,160,041 2,119,814 16,458,776 10,811,566 10,364,498 10,559,118 325,037 82,418,200
96,167,651 49,190,485 9,325,491 4,673,910 2,970,423 7,726,633 9,068,768 7,098,440 11,028,537 2,442,739 103,525,425
1,849,656,885 897,555,223 159,412,002 112,057,410 56,643,825 96,605,169 144,148,530 154,532,381 165,481,884 27,236,604 1,813,673,028
PT Bank Rakyat Indonesia (Persero) Tbk 321
Page 324
Management Discussion and Analysis
on Bank Performance
(2) BRI Consolidated with Subsidiaries
(in IDR million)
December 31, 2024
Net Bills By Region
Portfolio
No
Category Jawa
Kalimantan Bali & Nusa Indonesia
Jakarta Jawa Barat Tengah & Jawa Timur Sumatera Other
& Sulawesi Tenggara Timur
DIY
a b c d e f g h i j k
Claims against
1 365,136,429 - - - - - - - 5,976,532
Government
Claims against Public
2 105,622,866 18,967 8,911 1,121 413,180 53,861 623,845 95,041 1,925,649
Sector Entities
Claims against
Multilateral
3 Development Banks - - - - - - - - -
and International
Institutions
4 Claims against Banks 80,916,509 115,334 24,821 - 28,329 30,687 49,045 55,051 205,624
Claims on Covered
5 - - - - - - - - -
Bonds
Claims to Securities
Companies and Other
6 4,384,708 - 102 - 16,449 - 14 - 475,047
Financial Services
Institutions
Receivables in the
form of Securities/
Subordinated
7 8,238,877 6,756 1,754 - 1,790 2,168 2,676 3,890 67
Receivables, Equity
and Other Capital
Instruments
Residential Property
8 13,427,735 24,303,851 9,457,243 4,663,371 18,923,520 19,916,521 21,472,688 28,185,376 322,320
Secured Loans
Commercial Property
9 5,292,032 5,716,216 2,513,863 1,697,039 6,281,702 3,061,311 6,445,879 8,852,027 18,632
Secured Loans
Loan for Land
Acquisition, Land
10 4,327,245 423,218 84,108 166,903 520,343 210,906 672,264 1,201,659 -
Processing and
Construction
Employee or
11 9,546,751 36,961,253 11,687,475 11,771,509 19,023,291 10,749,161 12,604,073 26,540,147 943
Pensioner Loan
Claims to Micro
Businesses, Small
12 101,980,403 112,668,554 41,020,346 12,889,185 77,672,728 88,846,486 88,707,862 126,013,344 41,665,898
Businesses and Small
Portfolios
13 Bills on Corporations 148,914,891 14,902,775 3,455,466 1,599,228 14,247,161 6,999,048 13,564,593 14,566,797 27,216,064
Claims That Have
14 15,390,299 10,525,174 4,139,403 1,756,041 13,642,616 10,068,847 8,697,170 9,374,942 1,810,361
Been Due Date
15 Other Assets 53,783,206 15,145,420 5,862,353 3,495,394 9,026,440 9,461,524 8,397,510 14,282,233 3,001,430
TOTAL 916,961,951 220,787,519 78,255,847 38,039,791 159,797,549 149,400,520 161,237,619 229,170,506 82,618,566
322 PT Bank Rakyat Indonesia (Persero) Tbk
Page 325
Annual Report 2024
December 31, 2023
Net Bills By Region
Bali & Jawa
Kalimantan Indonesia Jawa
Total Jakarta Nusa Jawa Barat Tengah & Sumatera Other Total
& Sulawesi Timur Timur
Tenggara DIY
l m n o p q r s t u v
371,112,961 410,961,590 0 0 0 0 0 0 0 1,240,456 412,202,046
108,763,440 90,208,788 749,987 0 0 6,631,633 1,882 666,841 1,763,030 3,380 100,025,541
- 0 0 0 0 0 0 0 0 0 0
81,425,399 67,566,541 65,394 16,247 0 21,653 22,992 27,074 36,034 626 67,756,562
- 0 0 0 0 0 0 0 0 0 0
4,876,320 2,682,595 0 0 0 0 0 0 0 579,289 3,261,884
8,257,979 7,513,064 5,039 1,308 0 1,335 1,617 1,996 2,901 50 7,527,310
140,672,625 12,371,192 21,339,449 8,235,359 4,120,161 15,240,599 18,963,002 19,403,953 24,237,698 0 123,911,411
39,878,701 4,098,047 5,149,249 2,060,976 1,336,583 5,837,640 2,622,677 5,462,613 7,756,967 0 34,324,753
7,606,646 1,900,894 3,757,579 703,073 68,677 152,725 2,294,804 279,555 608,508 0 9,765,816
138,884,602 10,245,686 36,996,975 12,100,139 10,780,419 18,682,989 10,819,462 12,532,515 25,502,737 0 137,660,921
691,464,806 117,627,492 82,538,434 80,695,689 32,565,302 30,570,942 94,470,835 102,379,199 93,359,473 8,060,254 642,267,619
245,466,023 140,267,309 14,569,394 2,756,655 2,682,446 12,340,446 7,383,467 12,491,701 15,865,202 15,623,809 223,980,430
75,404,854 14,972,194 13,100,146 6,234,048 2,119,814 16,545,302 10,907,898 10,510,452 10,942,171 332,406 85,664,433
122,455,510 59,533,442 14,065,397 5,904,306 2,970,423 8,982,068 10,589,908 8,976,299 13,757,421 3,028,636 127,807,899
2,036,269,867 939,948,835 192,337,042 118,707,799 56,643,825 115,007,331 158,078,545 172,732,199 193,832,142 28,868,906 1,976,156,624
PT Bank Rakyat Indonesia (Persero) Tbk 323
Page 326
Management Discussion and Analysis
on Bank Performance
2) Disclosure of Net Bills By Economic Sector
1) BRI Individually
(in IDR million)
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Position: December 31, 2024
Agriculture,
1 Forestry and - 6,938,020 - - - - -
Fisheries
Mining and
2 - 5,520,474 - - - - -
excavation
Processing
3 - 8,602,007 - - - - -
industry
Procurement of
Electricity, Gas,
4 - 27,242,022 - - - - -
Steam/Hot Water
and Cold Air
Water
Management,
Waste Water
Management,
5 Waste - - - - - - -
Management
and Recycling
and Remediation
Activities
6 Construction - 15,012,225 - - - - -
"Wholesale and
Retail Trade; Car
7 and Motorcycle - 19,436,659 - - - - -
Repair and
Maintenance"
Transportation
8 - 7,908,364 - - - - -
and Warehousing
Provision of
accommodation
9 - 67,969 - - - - -
and provision of
food and drink
Information and
10 - 1,485,373 - - - - -
Communication
Financial and
11 Insurance - 9,701,795 - 75,458,532 - 4,411,210 6,546,863
Activities
12 Real Estate - 60,135 - - - - -
Professional,
Scientific and
13 - - - - - - -
Technical
Activities
Rental and
Leasing Activities
Without
Option Rights,
14 - - - - - - -
Employment,
Travel Agents and
Other Business
Support
"Government
Administration,
15 Defense and 365,573,146 - - - - - -
Mandatory Social
Security"
324 PT Bank Rakyat Indonesia (Persero) Tbk
Page 327
Annual Report 2024
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations" Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
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 -
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 -
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 -
PT Bank Rakyat Indonesia (Persero) Tbk 325
Page 328
Management Discussion and Analysis
on Bank Performance
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
16 Education - - - - - - -
Human Health
17 Activities and - - - - - - -
Social Activities
Arts,
18 Entertainment - - - - - - -
and Recreation
Other Service
19 - 4,264,057 - - - - -
Activities
Household
Activities as
an Employer;
Activities that
20 produce goods - - - - - - -
and services by
households that
are used to meet
their own needs
Activities of
International
Agencies and
21 - - - - - - -
Other Extra
International
Agencies
22 Household - - - - - - -
Non Other
23 - - - - - - -
Business Fields
24 Other - 2,410,431 - - - - -
Total 365,573,146 108,649,533 - 75,458,532 - 4,411,210 6,546,863
(in IDR million)
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Position: December 31, 2023
Agriculture,
1 Forestry and - 3,178,392 - - - - -
Fisheries
Mining and
2
excavation
- 1,827,782 - - - - -
Processing
3
industry
- 19,508,873 - - - - -
Procurement of
Electricity, Gas,
4
Steam/Hot Water
- 16,553,650 - - - - -
and Cold Air
326 PT Bank Rakyat Indonesia (Persero) Tbk
Page 329
Annual Report 2024
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations" Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
j k l m n o p q
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
140,397,074 39,800,141 7,285,442 138,882,890 552,953,408 239,982,238 73,548,757 96,167,651
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
j k l m n o p q
13,330,853 2,891,967 21,427 70,512 129,733,902 26,062,864 9,890,490 -
914,070 281,666 38,659 1,969 3,469,333 19,403,852 213,743 -
8,378,200 3,409,854 1,780,503 18,327 52,657,192 33,026,652 6,284,426 -
384,183 120,465 1,479,759 1,177 10,217,563 10,790,671 221,883 -
PT Bank Rakyat Indonesia (Persero) Tbk 327
Page 330
Management Discussion and Analysis
on Bank Performance
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Water
Management,
Waste Water
Management,
5 Waste - - - - - - -
Management
and Recycling
and Remediation
Activities
6 Construction - 13,976,385 - - - - -
Wholesale and
Retail Trade; Car
7 and Motorcycle - 15,469,102 - - - - -
Repair and
Maintenance
Transportation
8
and Warehousing
- 5,234,811 - - - - -
Provision of
accommodation
9
and provision of
- 33,267 - - - - -
food and drink
Information and
10
Communication
- 957,082 - - - - -
Financial and
11 Insurance - 10,997,808 - 58,889,157 - 2,481,022 -
Activities
12 Real Estate - - - - - - -
Professional,
Scientific and
13
Technical
- - - - - - -
Activities
Rental and
Leasing Activities
Without
Option Rights,
14
Employment,
- 4,175 - - - - -
Travel Agents and
Other Business
Support
Government
Administration,
15 Defense and - - - - - -
Mandatory Social 406,510,805
Security
16 Education - - - - - - -
Human Health
17 Activities and - - - - - - -
Social Activities
Arts,
18 Entertainment - - - - - - -
and Recreation
Other Service
19
Activities
- 7,246,567 - - - - -
Household
Activities as
an Employer;
Activities that
20 produce goods - - - - - - -
and services by
households that
are used to meet
their own needs
328 PT Bank Rakyat Indonesia (Persero) Tbk
Page 331
Annual Report 2024
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
j k l m n o p q
268,412 96,131 - 576 431,816 61,883 109,711 -
5,300,790 975,166 5,488,067 2,348 2,100,416 12,439,804 5,980,898 -
80,293,960 21,635,326 107,300 180,166 183,156,757 23,809,261 39,021,474 -
1,820,037 336,655 7,271 10,212 5,048,795 7,376,637 1,854,483 -
2,845,305 1,091,871 860 22,740 13,241,424 1,927,466 2,905,647 -
706,006 113,244 1,571 1,037 246,176 413,383 64,142 -
103,004 96,010 - 815 254,905 2,780,823 49,436 -
848,551 344,197 10,468 10,543 2,145,467 421,673 529,327 -
310,515 86,298 626 288 126,032 66,681 72,786 -
1,447,169 463,440 7,611 7,902 2,052,769 1,644,076 675,850 -
40,620 130,598 - 310 4,824 388,275 2,605 -
183,901 115,146 - 1,274 252,917 201,360 81,094 -
778,305 460,408 - 5,878 877,239 545,972 262,116 -
128,344 31,617 - 798 372,401 34,988 404,214 -
4,776,380 1,145,387 812,694 3,237,607 50,457,135 15,544,379 5,628,601 -
251,957 42,183 - 705 353,031 122,905 170,069 -
PT Bank Rakyat Indonesia (Persero) Tbk 329
Page 332
Management Discussion and Analysis
on Bank Performance
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Activities of
International
Agencies and
21
Other Extra
- - - - - - -
International
Agencies
22 Household - 99 - - - - -
Non Other
23
Business Fields
- - - - - - -
24 Other 1,207,001 4,439,278 - 4,939,141 - 201,573 5,560,175
Total 407,717,806 99,427,272 - 63,828,298 - 2,682,595 5,560,175
(2) BRI Consolidated with Subsidiaries
(in IDR million)
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Position: December 31, 2024
Agriculture,
1 Forestry and 0 6,938,020 0 0 0 0 0
Fisheries
Mining and
2
excavation
0 5,520,474 0 0 0 0 0
Processing
3
industry
0 8,602,007 0 0 0 0 0
Procurement of
Electricity, Gas,
4
Steam/Hot Water
0 27,242,022 0 0 0 0 0
and Cold Air
Water
Management,
Waste Water
Management,
5 Waste 0 0 0 0 0 0 0
Management
and Recycling
and Remediation
Activities
6 Construction 0 15,012,225 0 0 0 0 0
Wholesale and
Retail Trade; Car
7 and Motorcycle 0 19,436,659 0 0 0 0 0
Repair and
Maintenance
Transportation
8
and Warehousing
0 7,908,364 0 0 0 0 0
Provision of
accommodation
9
and provision of
0 67,969 0 0 0 0 0
food and drink
330 PT Bank Rakyat Indonesia (Persero) Tbk
Page 333
Annual Report 2024
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
j k l m n o p q
- - - - 213 - - -
448,916 72,343 - 133,263,047 65,500,940 17,803,539 7,950,178 -
- - - 1,160 486 213 - -
39,048 5,764 - 20,162 2,069,063 44,714,473 45,025 103,525,425
123,598,528 33,945,736 9,756,816 136,859,553 524,770,796 219,581,829 82,418,200 103,525,425
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
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 0
1,070,985 371,901 6,251 2,096 18,034,641 13,076,303 243,212 0
9,585,766 4,675,332 1,548,850 20,573 66,901,890 25,671,951 5,105,662 0
445,013 109,662 993 1,009 7,850,733 7,259,153 227,020 0
311,209 101,102 0 1,402 428,486 56,555 84,669 0
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 0
1,971,855 434,411 840 10,882 5,187,430 9,014,293 1,167,949 0
3,400,487 1,443,773 373 21,828 12,283,668 1,499,019 2,104,091 0
PT Bank Rakyat Indonesia (Persero) Tbk 331
Page 334
Management Discussion and Analysis
on Bank Performance
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Information and
10
Communication
0 1,485,373 0 0 0 0 0
Financial and
11 Insurance 216,104 9,701,795 0 80,762,110 0 4,411,210 8,234,670
Activities
12 Real Estate 0 60,135 0 0 0 0 0
Professional,
Scientific and
13
Technical
0 0 0 0 0 0 0
Activities
Rental and
Leasing Activities
Without
Option Rights,
14
Employment,
0 0 0 0 0 0 0
Travel Agents and
Other Business
Support
Government
Administration,
15 Defense and 365,573,146 0 0 0 0 0 0
Mandatory Social
Security
16 Education 0 0 0 0 0 0 0
Human Health
17 Activities and 0 0 0 0 0 0 0
Social Activities
Arts,
18 Entertainment 0 0 0 0 0 0 0
and Recreation
Other Service
19
Activities
0 4,264,057 0 0 0 0 0
Household
Activities as
an Employer;
Activities that
20 produce goods 0 0 0 0 0 0 0
and services by
households that
are used to meet
their own needs
Activities of
International
Agencies and
21
Other Extra
0 0 0 0 0 0 0
International
Agencies
22 Household 0 0 0 0 0 0 0
Non Other
23
Business Fields
0 0 0 0 0 0 0
24 Other 5,323,712 2,524,340 0 663,288 0 465,111 23,308
Total 371,112,962 108,763,441 - 81,425,398 - 4,876,321 8,257,979
332 PT Bank Rakyat Indonesia (Persero) Tbk
Page 335
Annual Report 2024
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
j k l m n o p q
587,352 146,323 873 374 286,576 688,289 66,665 0
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 0
331,563 66,294 993 241 477,361 144,818 77,680 0
1,701,564 435,816 21,166 6,948 2,615,453 1,744,059 568,198 0
644 3,528 2,006 98 348,734 201,713 404 0
198,983 186,034 0 791 363,118 254,050 66,426 0
924,113 667,328 4,608 5,647 1,060,726 1,358,661 203,382 0
183,341 41,332 0 772 342,842 622,092 262,220 0
5,492,863 1,465,184 830,666 4,533,912 46,065,307 30,370,346 9,650,425 0
217,387 43,235 0 941 304,782 77,791 115,682 0
0 0 0 0 166 0 0 0
9,767,666 496,857 0 133,517,376 75,472,409 30,044,534 6,799,090 3,570
136,104 2,300 0 1,668 959,052 7,542 76,332 0
506,496 186,260 331,234 485,447 93,500,776 53,411,290 1,544,053 121,904,321
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 333
Page 336
Management Discussion and Analysis
on Bank Performance
(in IDR million)
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Position: December 31, 2023
Agriculture,
1 Forestry and - 3,376,664 - - - - -
Fisheries
Mining and
2
excavation
- 1,827,782 - - - - -
Processing
3
industry
- 19,508,873 - - - - -
Procurement of
Electricity, Gas,
4
Steam/Hot Water
- 16,553,650 - - - - -
and Cold Air
Water
Management,
Waste Water
Management,
5 Waste - - - - - - -
Management
and Recycling
and Remediation
Activities
6 Construction - 13,976,385 - - - - -
Wholesale and
Retail Trade; Car
7 and Motorcycle - 15,469,102 - - - - -
Repair and
Maintenance
Transportation
8
and Warehousing
- 5,234,811 - - - - -
Provision of
accommodation
9
and provision of
- 33,267 - - - - -
food and drink
Information and
10
Communication
- 957,082 - - - - -
Financial and
11 Insurance 2,729,737 10,997,808 - 59,656,683 - 2,481,022 1,949,673
Activities
12 Real Estate - - - - - - -
Professional,
Scientific and
13
Technical
- - - - - - -
Activities
Rental and
Leasing Activities
Without
Option Rights,
14
Employment,
- 4,175 - - - - -
Travel Agents and
Other Business
Support
Government
Administration,
15 Defense and 406,510,805 - - - - - -
Mandatory Social
Security
16 Education - - - - - - -
334 PT Bank Rakyat Indonesia (Persero) Tbk
Page 337
Annual Report 2024
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
j k l m n o p q
13,355,302 13,693,102 21,427 70,512 130,112,101 27,127,275 10,959,449 -
914,949 282,417 38,659 1,969 3,675,012 19,490,398 213,705 -
8,387,069 4,497,791 1,780,503 18,327 53,802,817 33,614,130 6,284,947 -
384,183 120,657 1,479,759 1,177 10,234,574 10,800,360 224,273 -
268,433 96,131 - 576 431,887 61,883 110,511 -
5,322,276 1,303,215 5,496,974 2,348 2,509,754 12,527,872 6,372,186 -
80,359,980 6,913,167 107,300 180,166 184,584,971 24,002,941 39,220,231 -
1,822,057 337,439 7,271 10,700 5,437,216 7,533,023 1,864,666 -
2,848,234 1,092,332 860 22,740 13,366,944 1,927,466 2,924,606 -
872,686 115,985 1,571 299,007 326,842 413,383 163,695 -
106,739 97,956 - 331,892 825,360 2,816,051 52,724 188,437
850,329 344,197 10,468 10,543 2,200,253 421,673 535,382 -
314,633 88,420 626 288 559,437 147,507 85,510 -
1,447,414 464,440 7,611 7,902 2,754,545 1,751,541 791,626 -
40,620 130,598 1 310 4,824 388,275 2,605 -
183,964 115,146 - 1,274 363,491 201,360 81,740 -
PT Bank Rakyat Indonesia (Persero) Tbk 335
Page 338
Management Discussion and Analysis
on Bank Performance
Receivables in
Claims against Claims to the form of
Multilateral The bill is in Securities Securities/
Claims against
Economic Claims against Development Claims the form of Companies and Subordinated
No Public Sector
Sector Government Banks and against Banks a Covered Other Financial Receivables,
Entities
International Bond Services Equity and
Institutions Institutions Other Capital
Instruments
a b c d e f g h i
Human Health
17 Activities and - - - - - - -
Social Activities
Arts,
18 Entertainment - - - - - - -
and Recreation
Other Service
19
Activities
- 7,246,567 - - - - -
Household
Activities as
an Employer;
Activities that
20 produce goods - - - - - - -
and services by
households that
are used to meet
their own needs
Activities of
International
Agencies and
21
Other Extra
- - - - - - -
International
Agencies
22 Household - 99 - - - - -
Non Other
23
Business Fields
- - - - - - -
24 Other 2,961,504 4,839,274 - 8,099,879 - 780,862 5,577,636
Total 412,202,046 100,025,540 - 67,756,561 - 3,261,884 7,527,309
3) Net Billing Disclosure Is Based on tthe Remaining Term of the Contract
1) BRI Individually
(in IDR million)
December 31, 2024
Net billing based on remaining contract term
No Portfolio Category
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
a b c d e f g h
1 Claims against Government 66,776 - 6,097,117 - 359,409,253 365,573,146
Claims against Public Sector
2 29,135,375 6,784,737 9,008,615 4,367,554 59,353,249 108,649,531
Entities
Claims against Multilateral
3 Development Banks and - - - - - -
International Institutions
4 Claims against Banks 27,578,874 697,217 223,054 7,254 46,952,134 75,458,533
5 Claims on Covered Bonds - - - - - -
Claims to Securities
Companies and Other
6 1,149,017 2,579,443 681,934 815 - 4,411,209
Financial Services
Institutions
336 PT Bank Rakyat Indonesia (Persero) Tbk
Page 339
Annual Report 2024
Bills on Micro
Commercial Loan for Land Businesses, Claims
Residential Employee or
Property Acquisition, Small Bills on That Have Other
Property Pensioner
Secured Processing and Businesses Corporations Been Due Assets
Secured Loans Loan
Loans Construction and Retail Date
Portfolio
j k l m n o p q
782,744 460,865 - 5,878 1,112,062 550,373 271,205 -
128,344 31,617 - 798 373,050 34,988 405,164 -
4,776,558 3,041,612 812,694 3,237,607 50,528,570 15,544,379 5,628,612 -
252,636 42,183 - 705 431,070 122,905 171,781 -
- - 1 - 213 - - -
448,916 75,084 - 133,263,047 65,504,560 17,803,539 8,049,732 -
2,295 274 - 169,904 1,218,089 22,246 6,395 -
41,051 980,128 92 23,249 111,909,977 46,676,863 1,243,686 127,619,462
123,911,411 34,324,753 9,765,816 137,660,919 642,267,619 223,980,430 85,664,433 127,807,899
December 31, 2023
Net billing based on remaining contract term
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
i j k l m n
35,487,606 65,165,251 42,987,809 58,918,211 205,158,929 407,717,806
29,652,067 6,869,468 1,104,147 1,564,992 60,236,598 99,427,273
- - - - - -
1,429,277 778,878 725,808 2,730,903 58,163,432 63,828,298
- - - - - -
1,507,634 1,137,548 36,658 754 - 2,682,594
PT Bank Rakyat Indonesia (Persero) Tbk 337
Page 340
Management Discussion and Analysis
on Bank Performance
December 31, 2024
Net billing based on remaining contract term
No Portfolio Category
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
a b c d e f g h
Receivables in the form of
Securities/Subordinated
7 - - - - 6,546,863 6,546,863
Receivables, Equity and
Other Capital Instruments
Residential Property
8 79,398,379 27,313,932 22,068,598 11,511,535 104,630 140,397,074
Secured Loans
Commercial Property
9 23,858,983 5,432,243 6,248,149 4,251,618 9,149 39,800,141
Secured Loans
Loan for Land Acquisition,
10 Land Processing and 4,687,403 849,472 140,609 29,092 1,578,867 7,285,443
Construction
Employee or Pensioner
11 1,359,166 9,788,474 16,565,622 111,163,495 6,132 138,882,889
Loan
Bills on Micro Businesses,
12 Small Businesses and Small 94,012,329 219,807,647 117,803,610 58,180,257 63,149,566 552,953,409
Portfolios
13 Bills on Corporations 81,911,612 33,049,610 24,071,033 55,335,088 45,614,894 239,982,238
Claims That Have Been
14 17,001,715 23,198,499 15,061,374 9,203,921 9,083,247 73,548,756
Due Date
15 Other Assets - - - - 96,167,651 96,167,651
TOTAL 360,159,630 329,501,275 217,969,715 254,050,629 687,975,636 1,849,656,885
(2) BRI Consolidated with Subsidiaries
(in IDR million)
December 31, 2024
Net billing based on remaining contract term
No Portfolio Category
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
a b c d e f g h
1 Claims against Government 2,498,622 878,873 6,640,094 1,686,120 359,409,253 371,112,962
Claims against Public Sector
2 29,139,660 6,894,361 9,008,615 4,367,555 59,353,249 108,763,440
Entities
Claims against Multilateral
3 Development Banks and - - - - - -
International Institutions
4 Claims against Banks 33,518,211 724,746 223,054 7,254 46,952,134 81,425,400
5 Claims on Covered Bonds - - - - - -
Claims to Securities
Companies and Other
6 1,149,017 2,579,443 681,934 815 465,111 4,876,320
Financial Services
Institutions
Receivables in the form of
Securities/Subordinated
7 23,308 - - 1,687,807 6,546,863 8,257,978
Receivables, Equity and
Other Capital Instruments
338 PT Bank Rakyat Indonesia (Persero) Tbk
Page 341
Annual Report 2024
December 31, 2023
Net billing based on remaining contract term
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
i j k l m n
- - - - 5,560,175 5,560,175
70,462,431 29,556,138 21,229,038 2,243,116 107,802 123,598,526
18,677,230 6,445,734 5,945,709 2,867,050 10,014 33,945,736
4,935,918 883,343 1,856,455 859,879 1,221,221 9,756,816
1,344,904 9,569,896 16,985,334 108,958,298 1,121 136,859,553
80,451,453 219,951,008 126,902,772 60,933,540 36,532,023 524,770,796
87,424,992 27,426,827 16,312,520 33,531,902 54,885,588 219,581,829
21,892,947 25,544,089 16,467,327 10,156,653 8,357,183 82,418,200
- - - - 103,525,425 103,525,425
353,266,459 393,328,181 250,553,578 282,765,298 533,759,512 1,813,673,027
December 31, 2023
Net billing based on remaining contract term
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
i j k l m N
37,013,795 65,823,151 43,578,731 60,593,985 205,192,383 412,202,046
29,949,139 6,969,010 1,104,147 1,763,265 60,239,978 100,025,540
- - - - - -
2,352,449 830,388 733,739 2,730,903 61,109,083 67,756,561
- - - - - -
1,507,634 1,137,548 36,658 754 579,290 3,261,884
78 - - 1,949,673 5,577,558 7,527,309
PT Bank Rakyat Indonesia (Persero) Tbk 339
Page 342
Management Discussion and Analysis
on Bank Performance
December 31, 2024
Net billing based on remaining contract term
No Portfolio Category
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
a b c d e f g h
Residential Property
8 79,460,369 27,385,412 22,087,580 11,634,634 104,630 140,672,625
Secured Loans
Commercial Property
9 23,906,632 5,456,716 6,254,279 4,251,925 9,149 39,878,701
Secured Loans
Loan for Land Acquisition,
10 Land Processing and 4,698,269 866,864 140,609 322,037 1,578,867 7,606,646
Construction
Employee or Pensioner
11 1,359,240 9,788,946 16,566,562 111,163,721 6,132 138,884,602
Loan
Bills on Micro Businesses,
12 Small Businesses and Small 202,616,367 243,889,099 123,191,204 58,618,569 63,149,566 691,464,806
Portfolios
13 Bills on Corporations 84,690,150 34,525,094 24,643,712 55,992,171 45,614,894 245,466,023
Claims That Have Been
14 17,768,960 23,391,494 15,233,058 9,928,096 9,083,247 75,404,855
Due Date
15 Other Assets 18,179,328 656,604 1,109,284 66,504 102,443,791 122,455,510
TOTAL 499,008,135 357,037,653 225,779,985 259,727,208 694,716,887 2,036,269,869
4) Disclosure of Bills and Reserves by Region
1) BRI Individually
(in IDR million)
December 31, 2024
Region
No Description
Kalimantan & Bali & Nusa
Jakarta Indonesia Timur Jawa Barat
Sulawesi Tenggara
a b c d e f g
1 Bill 999,060,235 181,166,139 65,564,555 35,457,654 141,559,795
2 Decreased Bills 39,050,469 15,410,294 5,995,492 2,588,768 20,600,525
a. Not yet due - - - - -
b. Has Due Date 39,050,469 15,410,294 5,995,492 2,588,768 20,600,525
3 CKPN - Stage 1 2,648,527 2,795,515 1,022,382 440,738 2,096,335
4 CKPN - Stage 2 15,947,120 2,225,973 754,672 340,248 3,197,633
5 CKPN - Stage 3 8,511,451 2,873,759 1,151,673 492,056 3,804,707
6 Deleted book Claims 5,915,293 6,154,401 1,676,679 1,080,517 7,833,666
340 PT Bank Rakyat Indonesia (Persero) Tbk
Page 343
Annual Report 2024
December 31, 2023
Net billing based on remaining contract term
> 1 year - 3 > 3 years - 5 Non
<= 1 year > 5 years Total
years years Contractual
i j k l m N
70,578,398 29,579,952 21,246,331 2,399,593 107,137 123,911,411
18,740,532 6,449,953 5,953,050 3,171,205 10,014 34,324,753
4,944,918 883,343 1,856,455 859,879 1,221,221 9,765,816
1,820,336 9,763,733 17,023,637 109,052,093 1,121 137,660,919
81,344,500 222,379,779 130,582,942 61,614,235 146,346,163 642,267,619
88,287,185 28,143,238 17,098,071 33,802,372 56,649,565 223,980,430
22,398,051 25,937,649 16,617,292 11,432,391 9,279,049 85,664,433
815,395 7,605 993,712 5,710 125,985,476 127,807,899
359,752,410 397,905,350 256,824,766 289,376,057 672,298,040 1,976,156,622
December 31, 2024
Region
Jawa Tengah & DIY Jawa Timur Sumatera Other Total
h i j k l
131,629,323 143,015,339 193,423,341 97,636,312 1,988,512,693
14,982,542 13,543,982 14,190,382 3,477,347 129,839,801
- - - - -
14,982,542 13,543,982 14,190,382 3,477,347 129,839,801
2,323,568 2,425,595 3,461,409 1,366,653 18,580,722
2,093,972 1,793,359 2,254,778 457,313 29,065,067
2,887,405 3,156,825 2,818,191 746,002 26,442,069
4,667,481 6,210,537 6,719,142 1,689,142 41,946,858
PT Bank Rakyat Indonesia (Persero) Tbk 341
Page 344
Management Discussion and Analysis
on Bank Performance
December 31, 2023
Region
No Description
Kalimantan & Bali & Nusa
Jakarta Indonesia Timur Jawa Barat
Sulawesi Tenggara
a b c d e f g
1 Bill 957,020,452 173,655,823 119,104,996 60,268,286 118,681,061
2 Decreased Bills 30,020,242 19,954,389 8,241,426 3,167,934 33,486,056
a. Not yet due - - - - -
b. Has Due Date 30,020,242 19,954,389 8,241,426 3,167,934 33,486,056
3 CKPN - Stage 1 2,093,224 3,414,215 1,203,365 595,363 2,817,001
4 CKPN - Stage 2 10,045,625 3,060,761 1,282,105 456,065 12,554,569
5 CKPN - Stage 3 7,382,247 3,555,185 533,764 521,096 4,308,229
6 Deleted book Claims 3,550,190 4,830,500 1,454,740 1,008,777 7,097,888
(2) BRI Consolidated with Subsidiaries
(in IDR million)
December 31, 2024
Region
No Description
Kalimantan & Bali & Nusa
Jakarta Indonesia Timur Jawa Barat
Sulawesi Tenggara
a b c d e f g
1 Bill 1,041,845,833 219,189,292 77,031,003 36,032,543 161,689,544
2 Decreased Bills 43,273,309 18,748,191 6,882,092 2,619,025 21,697,715
a. Not yet due 3,420,366 2,781,240 722,585 1,087 758,946
b. Has Due Date 39,852,942 15,966,951 6,159,507 2,617,938 20,938,769
3 CKPN - Stage 1 2,763,091 2,881,845 1,070,068 451,844 2,209,319
4 CKPN - Stage 2 16,973,255 2,298,415 788,494 347,908 3,461,643
5 CKPN - Stage 3 8,709,070 3,122,712 1,279,737 505,352 4,838,608
6 Deleted book Claims 6,189,186 6,283,519 1,722,948 1,100,430 8,037,199
December 31, 2023
Region
No Description
Kalimantan & Bali & Nusa
Jakarta Indonesia Timur Jawa Barat
Sulawesi Tenggara
a b c d e f g
1 Bill 1,002,516,282 181,470,286 125,482,169 85,839,500 138,541,896
2 Decreased Bills 38,717,845 20,253,892 8,386,488 4,336,552 34,366,873
a. Not yet due 6,253,780 244,897 113,616 542,572 621,661
b. Has Due Date 32,464,065 20,008,995 8,272,871 3,793,980 33,745,212
342 PT Bank Rakyat Indonesia (Persero) Tbk
Page 345
Annual Report 2024
December 31, 2023
Region
Jawa Tengah & DIY Jawa Timur Sumatera Other Total
h i j k l
157,337,642 167,099,510 180,051,516 28,805,938 1,962,025,225
17,657,389 15,996,958 17,671,263 619,436 146,815,093
- - - - -
17,657,389 15,996,958 17,671,263 619,436 146,815,093
2,944,119 2,719,316 3,841,283 664,521 20,292,407
2,865,633 2,050,348 2,629,077 37,003 34,981,187
3,412,385 3,176,894 4,031,749 267,023 27,188,572
4,318,633 5,025,546 5,804,146 - 33,090,420
December 31, 2024
Region
Jawa Tengah & DIY Jawa Timur Sumatera Other Total
h i j k l
149,246,348 165,779,393 229,440,691 100,744,610 2,180,999,258
16,195,885 14,984,875 16,461,182 3,545,880 144,408,152
908,901 1,134,646 1,830,732 27,446 11,585,950
15,286,984 13,850,229 14,630,449 3,518,433 132,822,202
2,414,709 2,538,444 3,611,446 4,756,873 22,697,638
2,212,590 1,912,109 2,563,562 613,116 31,171,091
3,260,897 3,711,132 3,560,169 1,147,809 30,135,487
4,761,730 6,422,155 6,980,137 1,864,697 43,362,000
December 31, 2023
Region
Jawa Tengah & DIY Jawa Timur Sumatera Other Total
h i j k l
172,203,504 184,494,742 207,054,295 32,590,895 2,130,193,568
18,294,025 16,851,121 19,629,049 619,436 161,455,279
425,939 611,595 1,461,810 - 10,275,870
17,868,086 16,239,526 18,167,239 619,436 151,179,409
PT Bank Rakyat Indonesia (Persero) Tbk 343
Page 346
Management Discussion and Analysis
on Bank Performance
December 31, 2023
Region
No Description
Kalimantan & Bali & Nusa
Jakarta Indonesia Timur Jawa Barat
Sulawesi Tenggara
a b c d e f g
3 CKPN - Stage 1 2,856,233 3,589,729 1,318,250 1,275,672 3,409,040
4 CKPN - Stage 2 12,393,401 3,221,989 1,387,157 509,064 12,985,739
5 CKPN - Stage 3 7,891,438 3,601,936 561,930 624,311 4,477,154
6 Deleted book Claims 4,222,631 4,966,643 1,544,059 1,103,991 7,489,129
5) Disclosure of Claims and Provisions Based on Economic Sector
1) BRI Individually
(in IDR million)
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Stage 1 Stage 2 Stage 3 book Claims
Not yet Due Has Matured
a b c d e f g h i
December 31, 2024
Agriculture, Forestry and
1 207,779,817 - 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
Procurement of Electricity,
4 Gas, Steam/Hot Water and 48,597,028 - 281,591 267,347 40,101 14,049 19,798
Cold Air
Water Management, Waste
Water Management, Waste
5 1,033,852 - 124,090 21,679 18,731 19,163 31,010
Management and Recycling
and Remediation Activities
6 Construction 45,337,599 - 6,430,598 455,741 2,257,712 526,529 543,898
Wholesale and Retail Trade;
7 Car and Motorcycle Repair 380,425,787 - 50,033,159 6,838,042 7,330,396 9,613,215 19,213,955
and Maintenance
Transportation and
8 25,927,500 - 1,871,642 300,036 396,859 291,988 459,535
Warehousing
Provision of accommodation
9 and provision of food and 22,305,625 - 3,432,627 518,669 791,707 525,482 1,161,622
drink
Information and
10 3,335,700 - 96,159 29,354 11,247 16,735 79,226
Communication
Financial and Insurance
11 113,102,360 - 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
Professional, Scientific and
13 751,311 - 111,045 10,529 13,317 19,709 27,316
Technical Activities
344 PT Bank Rakyat Indonesia (Persero) Tbk
Page 347
Annual Report 2024
December 31, 2023
Region
Jawa Tengah & DIY Jawa Timur Sumatera Other Total
h i j k l
3,338,863 3,219,040 4,682,190 664,521 24,353,536
3,093,584 2,370,831 3,246,713 37,003 39,245,482
3,503,617 3,300,509 4,292,706 267,023 28,520,623
4,531,415 5,340,899 6,296,679 - 35,495,447
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Stage 1 Stage 2 Stage 3 book Claims
Not yet Due Has Matured
a b c d e f g h i
Rental and Leasing Activities
Without Option Rights,
14 7,370,697 - 766,281 121,773 113,805 102,552 214,701
Employment, Travel Agents
and Other Business Support
Government Administration,
15 Defense and Mandatory Social 365,794,642 - 885 39,312 58 - -
Security
16 Education 980,023 - 91,433 21,398 13,874 11,579 16,163
Human Health Activities and
17 3,915,979 - 298,424 70,430 43,398 52,319 67,538
Social Activities
Arts, Entertainment and
18 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
Household Activities as an
Employer; Activities that
20 produce goods and services 840,855 - 167,223 13,038 24,622 26,278 46,870
by households that are used
to meet their own needs
Activities of International
21 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
PT Bank Rakyat Indonesia (Persero) Tbk 345
Page 348
Management Discussion and Analysis
on Bank Performance
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Not yet Due Has Matured Stage 1 Stage 2 Stage 3 book Claims
a b c d e f g h i
December 31, 2023
Agriculture, Forestry and
1 202,253,310 - 19,008,964 3,781,594 3,734,647 4,470,482 140,698
Fisheries
2 Mining and excavation 29,955,212 - 2,766,070 169,684 883,331 1,607,217 18,465
3 Processing industry 142,639,757 - 17,609,600 1,453,558 7,014,841 4,324,496 99,205
Procurement of Electricity,
4 Gas, Steam/Hot Water and 41,672,822 - 236,522 213,733 46,911 13,982 19,994
Cold Air
Water Management, Waste
Water Management, Waste
5 1,056,067 - 154,673 18,224 21,525 19,942 916
Management and Recycling
and Remediation Activities
6 Construction 53,400,664 - 10,140,722 244,184 4,144,547 672,381 36,543
Wholesale and Retail Trade;
7 Car and Motorcycle Repair 400,187,630 - 59,839,758 7,293,621 8,218,697 10,842,644 488,625
and Maintenance
Transportation and
8 24,518,010 - 3,374,247 277,117 1,500,192 258,415 14,417
Warehousing
Provision of accommodation
9 and provision of food and 24,842,159 - 4,734,293 494,973 1,148,877 545,564 22,109
drink
Information and
10 2,694,991 - 141,856 31,376 11,539 62,182 1,573
Communication
Financial and Insurance
11 79,178,714 - 72,179 66,782 6,292 16,949 37,806
Activities
12 Real Estate 4,740,432 - 776,198 89,879 126,753 96,996 4,522
Professional, Scientific and
13 728,368 - 107,270 11,567 14,665 18,705 2,432
Technical Activities
Rental and Leasing Activities
Without Option Rights,
14 6,861,793 - 953,637 112,315 133,190 126,051 6,862
Employment, Travel Agents
and Other Business Support
Government Administration,
15 Defense and Mandatory Social 425,921,096 - 3,166 197,887 533 163 200,568
Security
16 Education 908,670 - 115,648 18,773 15,615 17,650 445
Human Health Activities and
17 3,186,072 - 383,012 61,310 56,559 60,251 2,064
Social Activities
Arts, Entertainment and
18 2,069,903 - 1,463,100 13,933 971,536 40,572 1,834
Recreation
19 Other Service Activities 99,370,268 - 12,189,031 1,696,219 4,968,131 1,208,462 96,552
Household Activities as an
Employer; Activities that
20 produce goods and services 1,058,759 - 249,210 15,318 32,521 39,595 1,484
by households that are used
to meet their own needs
346 PT Bank Rakyat Indonesia (Persero) Tbk
Page 349
Annual Report 2024
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Not yet Due Has Matured Stage 1 Stage 2 Stage 3 book Claims
a b c d e f g h i
Activities of International
21 Agencies and Other Extra 223 - - 4 - 0 0
International Agencies
22 Household 239,827,846 - 12,437,481 3,428,389 1,686,736 2,544,446 424,380
23 Non Other Business Fields 1,945 - 0 20 0 0 1
24 Other 174,950,514 - 58,459 601,948 243,549 201,425 31,468,923
Total - 146,815,093 20,292,407 34,981,187 27,188,572 33,090,420
1,962,025,225
2) BRI Consolidated with Subsidiaries
(in IDR million)
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Not yet Due Has Matured Stage 1 Stage 2 Stage 3 book Claims
a b c d e f g h i
December 31, 2024
Agriculture, Forestry and
1 224,206,139 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
Procurement of Electricity,
4 Gas, Steam/Hot Water and 49,099,982 - 284,686 271,504 42,459 20,595 20,191
Cold Air
Water Management, Waste
Water Management, Waste
5 1,041,383 587 125,572 21,901 19,175 19,215 31,686
Management and Recycling
and Remediation Activities
6 Construction 47,384,883 507,879 6,605,216 468,433 2,498,765 563,910 568,291
Wholesale and Retail Trade;
7 Car and Motorcycle Repair 419,460,033 129,458 50,667,978 7,207,325 7,984,910 12,211,601 19,728,262
and Maintenance
Transportation and
8 26,689,590 29,412 1,907,695 306,265 405,005 311,856 479,186
Warehousing
Provision of accommodation
9 and provision of food and 22,653,600 14,137 3,473,144 526,148 803,547 535,953 1,186,108
drink
Information and
10 3,406,795 1,933 97,521 30,405 11,635 17,796 80,798
Communication
Financial and Insurance
11 115,250,511 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
Professional, Scientific and
13 1,182,937 11,646 114,268 11,618 14,413 22,529 30,570
Technical Activities
PT Bank Rakyat Indonesia (Persero) Tbk 347
Page 350
Management Discussion and Analysis
on Bank Performance
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Not yet Due Has Matured Stage 1 Stage 2 Stage 3 book Claims
a b c d e f g h i
Rental and Leasing Activities
Without Option Rights,
14 8,077,417 29,547 785,948 132,230 119,955 143,190 243,410
Employment, Travel Agents
and Other Business Support
Government Administration,
15 Defense and Mandatory Social 369,068,495 9,977 4,662 40,980 1,106 5,094 3,598
Security
16 Education 1,092,042 568 92,882 21,962 14,263 12,227 16,549
Human Health Activities and
17 4,164,678 7,041 308,417 72,004 44,690 58,916 68,885
Social Activities
Arts, Entertainment and
18 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
Household Activities as an
Employer; Activities that
20 produce goods and services 851,147 1,556 169,209 13,450 25,034 26,493 47,800
by households that are used
to meet their own needs
Activities of International
21 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
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Not yet Due Has Matured Stage 1 Stage 2 Stage 3 book Claims
a b c d e f g h i
December 31, 2023
Agriculture, Forestry and
1 219,746,966 3,217,834 19,259,934 4,688,265 4,120,763 4,595,214 483,391
Fisheries
2 Mining and excavation 30,323,168 89,535 2,767,949 176,863 911,674 1,608,588 42,080
3 Processing industry 145,646,713 715,071 17,679,831 1,505,964 7,035,777 4,371,502 574,215
Procurement of Electricity,
4 Gas, Steam/Hot Water and 41,738,324 14,702 238,553 215,171 46,978 14,715 20,134
Cold Air
Water Management, Waste
Water Management, Waste
5 1,064,760 1,560 156,175 18,564 22,326 21,127 1,229
Management and Recycling
and Remediation Activities
348 PT Bank Rakyat Indonesia (Persero) Tbk
Page 351
Annual Report 2024
Impaired Bills CKPN CKPN CKPN Deleted
No Economic Sector Bill
Not yet Due Has Matured Stage 1 Stage 2 Stage 3 book Claims
a b c d e f g h i
6 Construction 55,039,744 993,721 10,187,242 261,041 4,273,565 705,771 55,764
Wholesale and Retail Trade;
7 Car and Motorcycle Repair 446,273,362 2,465,050 60,737,068 9,088,786 9,588,650 11,351,726 1,641,779
and Maintenance
Transportation and
8 25,293,471 48,841 3,391,152 287,057 1,501,609 279,145 28,884
Warehousing
Provision of accommodation
9 and provision of food and 24,992,602 25,040 4,736,773 495,621 1,149,344 547,522 23,783
drink
Information and
10 2,797,735 26,144 142,004 31,759 11,758 62,440 2,064
Communication
Financial and Insurance
11 100,757,495 441,732 264,504 72,946 6,656 210,806 97,254
Activities
12 Real Estate 4,804,001 14,228 776,214 90,164 127,071 97,609 27,113
Professional, Scientific and
13 1,265,663 57,013 109,656 13,502 15,515 22,389 7,019
Technical Activities
Rental and Leasing Activities
Without Option Rights,
14 7,814,219 141,306 973,615 117,054 137,586 150,928 15,154
Employment, Travel Agents
and Other Business Support
Government Administration,
15 Defense and Mandatory Social 425,921,096 - 3,166 197,887 533 163 200,568
Security
16 Education 1,020,513 1,354 116,121 19,151 15,669 18,155 568
Human Health Activities and
17 3,681,946 51,730 393,765 71,747 85,120 67,773 9,954
Social Activities
Arts, Entertainment and
18 2,071,514 962 1,463,100 13,952 971,536 40,572 1,834
Recreation
19 Other Service Activities 101,058,900 114,033 12,217,958 1,762,412 5,042,067 1,228,611 141,901
Household Activities as an
Employer; Activities that
20 produce goods and services 1,737,205 573,600 277,784 19,519 36,829 58,819 1,599
by households that are used
to meet their own needs
Activities of International
21 Agencies and Other Extra 223 - - 4 - 0 0
International Agencies
22 Household 239,827,846 - 12,437,481 3,428,389 1,686,736 2,544,446 424,380
23 Non Other Business Fields 1,447,067 239,352 11,626 7,251 2,637 22,903 14,136
24 Other 245,869,033 1,043,063 2,837,736 1,770,468 2,455,084 499,700 31,680,645
Total 2,130,193,568 10,275,870 151,179,409 24,353,537 39,245,482 28,520,623 35,495,447
PT Bank Rakyat Indonesia (Persero) Tbk 349
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Management Discussion and Analysis
on Bank Performance
6) Disclosure of Bills Based on Days Due
1) BRI Individually
(in IDR million)
December 31, 2024 December 31, 2023
Net bill based on days past due Net bill based on days past due
No Type of Exposure
> 90 days - > 120 days > 90 days - > 120 days
> 180 days Total > 180 days Total
120 days - 180 days 120 days - 180 days
a b c d e f g h i j
1 Loans included in Past Due Bills 4,233,911 7,145,451 114,107,914 125,487,276 3,876,487 7,228,262 126,881,641 137,986,390
2 Securities included in Past Due Bills - - - - - - - -
TOTAL 4,233,911 7,145,451 114,107,914 125,487,276 3,876,487 7,228,262 126,881,641 137,986,390
2) BRI Consolidated with Subsidiaries
(In Million Rupiah)
December 31, 2024 December 31, 2023
Net bill based on days past due Net bill based on days past due
No Type of Exposure
> 90 days - > 120 days > 90 days - > 120 days
> 180 days Total > 180 days Total
120 days - 180 days 120 days - 180 days
a b c d e f g h i j
1 Loans included in Past Due Bills 4,499,633 7,499,040 4,606,426 7,698,198 130,034,756 142,339,380
116,470,660 128,469,333
2 Securities included in Past Due Bills - - - - - - - -
TOTAL 4,499,633 7,499,040 116,470,660 128,469,333 4,606,426 7,698,198 130,034,756 142,339,380
V. Additional Disclosures Regarding the Treatment of Troubled Assets (CRB-A)
Qualitative
1) Asset Quality: provisions of laws and regulations and FSA provisions
a) Non-performing assets are assets that are of substandard, regarding assessing the quality of commercial bank
doubtful or non-performing quality as referred to in the assets.
provisions of laws and regulations and FSA provisions d) Restructuring Assets are assets in an effort to improve
regarding assessing the quality of commercial bank debtors who are experiencing difficulties in fulfilling
assets. For loans with exposure above a certain value, their obligations. Assets can be restructured if the debtor
collectibility assessments are carried out individually has good business prospects and is deemed capable of
based on 3 (three) pillars, namely accuracy in payments, meeting obligations after restructuring. A restructuring
debtor’s business prospects, and debtor’s financial asset can fall out of this category if, within the
condition. restructuring period, the debtor’s business conditions
b) Overdue Loans and Securities are claims that are have returned to normal so that the debtor can fulfill its
more than 90 (ninety) days past due, both for principal obligations according to normal conditions.
payments and/or interest payments or debtors who 2) Loan segmentation:
are in d efault. These claims include assets that have Categorization of loan segments based on the type of loans
experienced impairment and a value impairment reserve and the size of the loan facility.
(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
350 PT Bank Rakyat Indonesia (Persero) Tbk
Page 353
Annual Report 2024
Quantitative
1) Disclosure of Performing and Non-Performing Assets
1) BRI Individually
(in IDR million)
Non Performing
(Kualitas KL, D, M)
Performing
(L and DPK Quality) Impaired Bills That Are Not Impaired in Value
Bills Have Arrears > 90 Days Have Arrears < 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 281,451,212 45,656 - - - - - -
2 Loan 1,180,165,361 44,541,850 35,681,871 26,619,981 - - - -
a. Corporation 247,633,319 14,935,428 6,606,573 6,606,573 - - - -
b. Retail 455,332,846 11,826,255 15,054,376 10,372,906 - - - -
c. Micro 477,199,196 17,780,167 14,020,922 9,640,502 - - - -
3 Administrative Account Transactions 197,647,575 1,205,592 4,352,528 1,344,794 - - - -
2) BRI Consolidated with Subsidiaries
(in IDR million)
Non Performing
(Kualitas KL, D, M)
Performing
(L and DPK Quality) Impaired Bills That Are Not Impaired in Value
Bills Have Arrears > 90 Days Have Arrears < 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 288,554,868 58,823 - - - - - -
2 Loan 1,326,176,782 49,153,970 37,107,670 27,748,919 - - - -
a. Corporation 249,839,515 14,210,788 6,613,194 6,613,194 - - - -
b. Retail 458,490,548 11,818,504 15,228,505 10,489,593 - - - -
c. Micro 617,846,720 23,124,679 15,265,971 10,646,132 - - - -
3 Administrative Account Transactions 197,771,204 1,206,256 4,352,528 1,344,794 - - - -
PT Bank Rakyat Indonesia (Persero) Tbk 351
Page 354
Management Discussion and Analysis
on Bank Performance
2) Performing and Non-Performing Restructuring Assets
1) BRI Individually
(in IDR million)
Performing Non Performing
Stage 1 Stage 2 Stage 3
(L and DPK Quality) (KL, D, M quality)
Gross Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value" Value Value Value Value
a b c d e f g h i j
1 Securities - - - - - - - - - -
2 Loan 69,343,678 22,810,065 15,649,270 10,764,994 - - 69,520,915 21,339,670 15,472,033 12,235,389
a. Corporation 19,936,663 13,725,185 4,881,718 4,803,071 - - 19,936,663 13,725,185 4,881,718 4,803,071
b. Retail 27,902,977 4,219,478 5,166,709 2,626,605 - - 28,087,602 3,434,243 4,982,084 3,411,840
c. Micro 21,504,038 4,865,402 5,600,843 3,335,318 - - 21,496,650 4,180,242 5,608,231 4,020,478
Administrative Account
3 450,506 122,197 53,713 34,577 - - 450,490 122,197 53,729 34,577
Transactions
2) BRI Consolidated with Subsidiaries
(in IDR million)
Performing Non Performing
Stage 1 Stage 2 Stage 3
(L and DPK Quality) (KL, D, M quality)
Gross Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value" Value Value Value Value
a b c d e f g h i j
1 Securities - - - - - - - - - -
2 Loan 75,830,612 26,476,609 16,417,188 11,325,428 - - 73,307,839 22,702,217 18,939,961 15,099,820
a. Corporation 19,908,507 13,833,281 4,900,714 4,803,071 - - 20,378,796 13,833,281 4,900,714 4,803,071
b. Retail 29,422,769 4,966,859 5,314,060 2,721,188 - - 29,607,394 4,181,624 5,129,435 3,506,423
c. Micro 26,029,046 7,676,469 6,202,415 3,801,169 - - 23,321,648 4,687,312 8,909,813 6,790,326
Administrative Account
3 452,487 122,208 53,713 34,577 - - 452,471 122,208 53,729 34,577
Transactions
VI. Qualitative Disclosures Regarding MRK Techniques (CRC)
In calculating credit risk RWA using a standard approach, the Bank Acceptable collateral criteria include:
considers the use of Credit Risk Mitigation Techniques (Enterprise 1. Collateral is tied to mortgage rights, power of attorney
Risk Management-ERM) in accordance with FSA regulations. to sell, current accounts, savings, time deposits or other
The ERM techniques used by the Bank are the ERM-Collateral collateral generally accepted by banks as well as collateral
technique and the ERM-Guarantee or Credit Insurance technique. in the form of gold (subsidiaries).
The ERMCollateral technique used is collateral in the form of 2. Determining the value of collateral must be based on
cash (cash collateral) stored at the Bank and gold stored at the considerations of appraisal, binding, control, security and
Subsidiary. Meanwhile, the ERM-Guarantee or Credit Insurance utilization.
technique is used for loan guaranteed by credit insurance from 3. Collateral appraisal must be carried out objectively, honestly,
an Insurance Company with SOEs status. Loans guaranteed by an responsibly and present a fair value.
insurance company which is a Bank Subsidiary is not counted as 4. Collateral reviews are carried out to see the adequacy of
a guarantor in the ERM technique because it is a party affiliated collateral compared to the debtor’s total obligations, including:
with the Bank. a. Collateral condition at the time of review
b. Collateral value
352 PT Bank Rakyat Indonesia (Persero) Tbk
Page 355
Annual Report 2024
c.
Securing collateral (storage, binding and validity of business sector. The collateral review period can be set
collateral) differently if specifically regulated by the regulator (BI, FSA
d. Other information relevant to assessing collateral or other related agencies). For the purposes of calculating
adequacy RWA, specifically for consumer loans backed by residential
5. The collateral review period is carried out as stated in the homes, collateral valuation must be carried out periodically
loan terms and conditions, but must be carried out at least for a minimum of 30 (thirty) months.
once a year along with the loan review as regulated in each
VII.Quantitative Disclosures Related to MRK Techniques (CR3)
1) BRI Individually
(in IDR million)
Bills Secured
Bills That Are
Bills Guaranteed by Guarantee, Bills Secured
Not Guaranteed Bills Secured by
with MRK Guarantee by Credit
Using MRK Collateral
Techniques and/or Credit Derivatives
Techniques
Insurance
a b c d e
1 Loans 793,823,183 350,862,219 12,438,661 338,423,558
2 Securities 281,405,556 0 0 0
3 Total 1,075,228,739 350,862,219 12,438,661 338,423,558
4 Maturity Credit and Securities 67,063,747 4,261,188 9,399 4,251,789
2) BRI Consolidated with Subsidiaries
(in IDR million)
Bills Secured
Bills That Are
Bills Guaranteed by Guarantee, Bills Secured
Not Guaranteed Bills Secured by
with MRK Guarantee by Credit
Using MRK Collateral
Techniques and/or Credit Derivatives
Techniques
Insurance
a b c d e
1 Loans 833,990,713 448,230,228 79,199,180 369,031,048
2 Securities 288,496,045 0 0 0
3 Total 1,122,486,758 448,230,228 79,199,180 369,031,048
4 Maturity Credit and Securities 68,906,962 4,273,933 21,483 4,252,451
VIII.Disclosure on the Use of External Credit Ratings (CRD)
The rating agencies used are rating agencies recognized by the Portfolio Categories that use ratings are Receivables to the
Financial Services Authority, namely Moody’s Investor Service, Government, Receivables to Public Sector Entities, Receivables to
Standard and Poor’s, Fitch Ratings and PT. Indonesian Securities Banks, Receivables to Securities & Financial Services Companies,
Rating (Pefindo). If there are Marketable Securities that have and Receivables to Corporations. Meanwhile, other bills use
more than 1 (one) rating, then the worst rating will be used. unrated (without rating) because rating data is not available.
PT Bank Rakyat Indonesia (Persero) Tbk 353
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Management Discussion and Analysis
on Bank Performance
IX. Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
1) BRI Individually
(in IDR million)
Net Bills Before
Net Bills After implementing RWA and Average
Implementation of FKK and
FKK and MRK Techniques Risk Weight"
MRK Techniques
Portfolio Category Financial Financial Average Risk
Position TRA Position TRA ATMR Weight (e/
Report Report (c+d))
a b c d e f
1 Claims against Government 365,573,146 - 365,573,146 - - 0.00%
2 Claims against Public Sector Entities 84,522,650 47,481,198 84,407,287 24,126,881 53,795,217 49.57%
Claims against Multilateral
3 Development Banks and - - - - - 0.00%
International Institutions
4 Claims against Banks 71,937,191 3,521,342 71,937,191 3,521,342 38,035,690 50.41%
Claims to Securities Companies and
Other Financial Services 4,197,506 213,703 4,197,506 213,703 1,700,693 38.55%
Institutions1)"
5 Claims on Covered Bonds - - - - - 0.00%
Claims on Corporations - General
6 158,035,252 87,044,761 148,679,760 60,562,208 203,679,123 97.34%
Corporate Exposures2)
Receivables from securities
companies and other financial - - - - - 0.00%
services institutions3)
Special Financing Exposure4) 20,337,629 2,617,873 18,960,731 1,047,149 21,541,194 107.66%
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 6,546,863 - 6,546,863 - 16,337,158 249.54%
Other Capital Instruments
Other Capital Instruments Bills on
8 Micro Businesses, Small Businesses, 533,831,739 40,544,046 228,398,034 19,121,670 255,368,179 82.81%
and Retail Portfolios
9 Property Backed Loans 174,319,351 14,694,661 150,601,762 5,877,864 88,087,171 56.29%
Residential Property-Backaged Loans
whose Payments Are Not Materially 136,348,604 10,121,175 110,418,702 4,048,470 59,641,776 49.85%
Dependent on Property Cash Flow
Residential Property-Backaged Loans
whose Payments Depend Materially - - - - - 0.00%
on the Property's Cash Flows
Commercial Property-Backed Loans
Where Payments Are Not Materially 37,970,747 4,573,486 34,254,078 1,829,394 28,445,395 77.24%
Dependent on Property Cash Flows
Commercial Property-Backed Loans
Where Payments Depend Materially - - - - - 0.00%
on the Property's Cash Flows
Land Acquisition, Land Processing
6,673,779 1,529,161 6,043,670 611,664 9,569,875 143.76%
and Construction Loan
Employee or Pensioner Loan 138,882,557 830 138,882,557 332 69,441,445 50.00%
10 Claims That Have Been Due Date 71,324,935 3,007,734 67,063,747 2,223,821 74,653,495 106.44%
11 Other Assets 96,167,651 - 96,167,651 - 66,484,994 69.13%
12 Total 1,732,350,249 200,655,309 1,449,172,742 117,306,636 898,694,233 57.37%
354 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
2) BRI Consolidated with Subsidiaries
(in IDR million)
Net Bills Before
Net Bills After implementing RWA and Average
Implementation of FKK and
FKK and MRK Techniques Risk Weight"
MRK Techniques
Portfolio Category Financial Financial Average Risk
Position TRA Position TRA ATMR Weight (e/
Report Report (c+d))
a b c d e f
1 Claims against Government 371,112,961 - 371,112,961 - 0 0.00%
2 Claims against Public Sector Entities 84,636,559 47,481,198 84,521,196 24,126,881 53,819,038 49.54%
Claims against Multilateral
3 Development Banks and - - - - 0 0.00%
International Institutions
4 Claims against Banks 77,904,057 3,521,342 77,570,896 3,521,342 39,235,944 48.38%
Claims to Securities Companies and
Other Financial Services 4,662,617 213,703 4,662,617 213,703 1,793,715 36.78%
Institutions1)"
5 Claims on Covered Bonds - - - - 0 0.00%
Claims on Corporations - General
6 163,497,353 88,669,694 153,574,581 60,583,891 208,509,137 97.36%
Corporate Exposures2)
Receivables from securities
companies and other financial - - - - - 0.00%
services institutions3)
Special Financing Exposure4) 20,337,629 1,047,149 18,960,731 1,047,149 21,541,194 107.66%
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 8,257,979 - 8,257,979 - 20,591,638 249.35%
Other Capital Instruments
Other Capital Instruments Bills on
8 Micro Businesses, Small Businesses, 672,328,947 40,579,444 245,147,841 19,135,859 291,695,019 83.60%
and Retail Portfolios
9 Property Backed Loans 174,663,996 14,718,326 150,946,257 5,887,330 88,367,179 56.34%
Residential Property-Backaged Loans
whose Payments Are Not Materially 136,618,306 10,135,798 110,688,254 4,054,319 59,856,592 49.91%
Dependent on Property Cash Flow
Residential Property-Backaged Loans
whose Payments Depend Materially - - - - - 0.00%
on the Property's Cash Flows
Commercial Property-Backed Loans
Where Payments Are Not Materially 38,045,690 4,582,528 34,329,021 1,833,011 28,510,587 77.25%
Dependent on Property Cash Flows
Commercial Property-Backed Loans
Where Payments Depend Materially - - - - - 0.00%
on the Property's Cash Flows
Land Acquisition, Land Processing
6,990,982 1,539,161 6,360,873 615,664 10,051,680 144.05%
and Construction Loan
Employee or Pensioner Loan 138,884,270 830 138,884,270 332 69,442,301 50.00%
10 Claims That Have Been Due Date 73,180,895 3,008,078 68,906,962 2,223,959 75,984,663 105.56%
11 Other Assets 122,455,510 - 122,455,510 - 92,310,951 75.38%
12 Total 1,918,913,756 200,778,925 1,536,829,487 117,356,111 973,342,458 58.84%
Additional Disclosures
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 355
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Management Discussion and Analysis
on Bank Performance
X. Exposure Disclosure Based on Asset Class and Risk Weight (CR5)
1) BRI Individually
(in IDR million)
Net Bills After FKK
Portfolio Category 0% 20% 50% 100% 150% Other
and MRK Tech
1 Claims against Government 365,573,146 365,573,146
Net Bills After FKK
Portfolio Category 20% 50% 100% 150% Other
and MRK Tech
Claims against Public Sector
2 1,572,891 107,076,640 108,534,168
Entities
Net Bills After FKK
Portfolio Category 0% 20% 30% 50% 100% 150% Other
and MRK Tech
Claims against Multilateral
3 Development Banks and
International Institutions
Net Bills After FKK
Portfolio Category 20% 30% 40% 50% 75% 100% 150% Other
and MRK Tech
4 Claims against Banks 612,975 73,873,678 227,687 744,193 75,458,533
Claims to Securities
Companies and Other
3,237,206 830,011 117,866 226,126 4,411,209
Financial Services
Institutions1)
Portfolio Category 0%5) 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans
Residential Property-Backaged Loans
whose Payments Are Not Materially 22,863,242 7,013,480 24,208,209 23,783,087 0 18,159,975
Dependent on Property Cash Flow
without credit sharing approach 5)
using a credit sharing approach
(guaranteed) 5)
using a credit sharing approach
(guaranteed) 5)
Residential Property-Backaged Loans
whose Payments Depend Materially
on the Property’s Cash Flows
Commercial Property-Backed Loans
Where Payments Are Not Materially 5,963,765
Dependent on Property Cash Flows
without credit sharing approach 5)
using a credit sharing approach
(guaranteed) 5)
356 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Net Bills After FKK
Portfolio Category 10% 15% 20% 25% 35% 50% 100% Other
and MRK Tech
5 Claims on Covered Bonds
Net Bills After FKK
Portfolio Category 20% 50% 65%5) 75% 80% 85% 100% 130% 150% Other
and MRK Tech
Receivables
6 to General 1,621,141 148,222 35,546,782 180,649,387 631,928 218,597,460
Corporations 2)
Receivables
from securities
companies and
other financial
services
institutions3)
Special Financing
15,941,855 5,442,923 21,384,778
Exposure4)
Net Bills After FKK
Portfolio Category 100% 150% 250% 400%5) Other
and MRK Tech
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 20,000 6,526,863 6,546,863
Other Capital Instruments
Net Bills After FKK
Portfolio Category 45% 75% 85% 100% Other
and MRK Tech
Other Capital Instruments Bills on
8 Micro Businesses, Small Businesses, 3,774,045 465,919,574 70,768,314 12,491,476 552,953,409
and Retail Portfolios
Net Bills After FKK
65%5) 70% 75% 85% 90% 100% 105% 110% 150% Other
and MRK Tech
34,044,099 5,886,891 281,709 4,156,382 146,397,074
19,652,591 13,793,275 390,511 39,800,142
PT Bank Rakyat Indonesia (Persero) Tbk 357
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Management Discussion and Analysis
on Bank Performance
Portfolio Category 0%5) 20% 25% 30% 35% 40% 45% 50% 60%
using a credit sharing approach
(guaranteed) 5)
Commercial Property-Backed Loans
Where Payments Depend Materially
on the Property’s Cash Flows
Land Acquisition, Land Processing
and Construction Loan 5)
Net Bills After FKK
Portfolio Category 50% 100% 150% Other
and MRK Tech
10 Claims That Have Been Due 12,775,672 35,233,864 25,539,220 73,548,756
Net Bills After FKK
Portfolio Category 0% 20% 100% 150% 1250%5) Other
and MRK Tech
11 Other Assets 29,709,280 66,405,125 53,246 96,167,651
TRA Net Bill Net Bill
Net Bills Report
No Risk Weight (before imposition of Average FKK (After imposition of
Financial Position
FKK) FKK and MRK Tech)
1 < 40% 452,270,647 6,299,456 2,519,782 443,449,129
2 40%-70% 390,250,170 58,208,679 30,534,833 413,196,927
3 75% 485,471,781 15,684,297 6,481,051 243,650,254
4 85% 109,923,522 26,166,392 10,466,557 117,793,977
5 90%-100% 251,694,650 90,709,127 65,597,570 307,691,114
6 105%-130% 4,945,282 1,244,103 497,641 5,111,047
7 150% 31,267,334 2,343,255 1,209,202 29,060,067
8 250% 6,526,863 6,526,863
9 400% 0
10 1250% 0
11 Total Net Bills 1,732,350,249 200,655,309 117,306,636 1,566,479,377
2) BRI Consolidated with Subsidiaries
(in IDR million)
Net Bills After FKK
Portfolio Category 0% 20% 50% 100% 150% Other
and MRK Tech
1 Claims against Government 371,112,961 371,112,961
Net Bills After FKK
Portfolio Category 20% 50% 100% 150% Other
and MRK Tech
Claims against Public Sector
2 1,683,337 107,080,103 108,763,440
Entities
358 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Net Bills After FKK
65%5) 70% 75% 85% 90% 100% 105% 110% 150% Other
and MRK Tech
1,033,302 6,252,141 7,285,443
Net Bills After FKK
Portfolio Category 0% 20% 30% 50% 100% 150% Other
and MRK Tech
Claims against Multilateral
3 Development Banks and
International Institutions
Net Bills After FKK
Portfolio Category 20% 30% 40% 50% 75% 100% 150% Other
and MRK Tech
4 Claims against Banks 5,718,503 612,975 74,122,041 227,687 744,193 81,425,399
Claims to Securities
Companies and Other
465,111 3,237,206 830,011 117,866 226,126 4,876,320
Financial Services
Institutions1)
Net Bills After FKK
Portfolio Category 10% 15% 20% 25% 35% 50% 100% Other
and MRK Tech
5 Claims on Covered Bonds
Net Bills After FKK
Portfolio Category 20% 50% 65%5) 75% 80% 85% 100% 130% 150% Other
and MRK Tech
Receivables
6 to General 45,939 1,744,225 154,280 35,546,782 185,931,456 658,561 224,081,243
Corporations 2)
Receivables
from securities
companies and
other financial
services
institutions3)
Special Financing
0 15,941,855 5,442,923 21,384,778
Exposure4)
Net Bills After FKK
Portfolio Category 100% 150% 250% 400%5) Other
and MRK Tech
Receivables in the form of Securities/
7 Subordinated Receivables, Equity and 20,000 23,308 8,214,670 8,257,978
Other Capital Instruments
Net Bills After FKK
Portfolio Category 45% 75% 85% 100% Other
and MRK Tech
Other Capital Instruments Bills on
8 Micro Businesses, Small Businesses, 3,774,045 604,430,971 70,768,314 12,491,476 691,464,806
and Retail Portfolios
PT Bank Rakyat Indonesia (Persero) Tbk 359
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Management Discussion and Analysis
on Bank Performance
Portfolio Category 0%5) 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans
Residential Property-Backaged Loans
whose Payments Are Not Materially 22,863,242 7,013,480 24,208,209 23,783,087 18,159,975
Dependent on Property Cash Flow
without credit sharing approach 5)
using a credit sharing approach
(guaranteed) 5)
using a credit sharing approach
5,963,765
(guaranteed) 5)
Residential Property-Backaged Loans
whose Payments Depend Materially
on the Property’s Cash Flows
Commercial Property-Backed Loans
Where Payments Are Not Materially
Dependent on Property Cash Flows
without credit sharing approach 5)
using a credit sharing approach
(guaranteed) 5)
using a credit sharing approach
(guaranteed) 5)
Commercial Property-Backed Loans
Where Payments Depend Materially
on the Property’s Cash Flows
Land Acquisition, Land Processing
and Construction Loan 5)
Net Bills After FKK
Portfolio Category 50% 100% 150% Other
and MRK Tech
10 Claims That Have Been Due Date 13,936,591 35,805,505 25,662,759 71,981,410
Net Bills After FKK
Portfolio Category 0% 20% 100% 150% 1250%5) Other
and MRK Tech
11 Other Assets 30,173,601 92,223,827 58,083 122,455,510
TRA Net Bill Net Bill
Net Bills Report
No Risk Weight (before imposition of Average FKK (After imposition of
Financial Position
FKK) FKK and MRK Tech)
1 < 40% 464,614,782 6,299,456 2,519,782 455,463,422
2 40%-70% 391,787,712 58,208,679 30,534,833 414,718,536
3 75% 624,183,340 15,720,436 6,495,536 306,472,420
360 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Net Bills After FKK
65%5) 70% 75% 85% 90% 100% 105% 110% 150% Other
and MRK Tech
34,044,099 6,079,636 364,515 4,156,382 119,928,221
19,668,435 13,855,990 390,511 36,905,366
1,033,302 6,573,344 6,977,888
TRA Net Bill Net Bill
Net Bills Report
No Risk Weight (before imposition of Average FKK (After imposition of
Financial Position
FKK) FKK and MRK Tech)
4 85% 110,059,874 26,189,316 10,475,726 117,939,349
5 90%-100% 283,345,250 90,763,657 65,619,382 338,796,246
6 105%-130% 4,945,282 1,244,103 497,641 5,111,047
7 150% 31,762,845 2,353,278 1,213,211 29,559,587
8 250% 8,214,670 0 0 8,214,670
9 400%
10 1250%
11 Total Net Bills 1,918,913,756 200,778,925 200,778,925 200,778,925
PT Bank Rakyat Indonesia (Persero) Tbk 361
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Management Discussion and Analysis
on Bank Performance
Market Risk
Disclosure of Market Risk Using Standard Methods (MR1)
1) BRI Individually
(in IDR million)
Standard Approach Capital Expense Standard Approach Capital Expense
Risk Type
December 31, 2024 December 31, 2023
GIRR Risk 701,934,44 757,444,57
Non-securitization CSR Risk 479,718,24 617,320,07
Non-CTP Securitization CSR Risk - -
CTP Securitization CSR Risk - -
Equity Risk - -
Commodity Risk - -
Foreign Exchange Risk 805,030,47 209,642,58
DRC - non-securitization 178,841,92 244,703,09
DRC - non-CTP securitization - -
DRC - CTP securitization - -
Total 2,165,525,07 1,829,110,31
2. BRI Consolidated with Subsidiaries
(in IDR million)
Standard Approach Capital Expense Standard Approach Capital Expense
Risk Type
December 31, 2024 December 31, 2023
GIRR Risk 705,991.02 765,518.97
Non-securitization CSR risk 484,460.46 625,677.80
Non-CTP securitization CSR risk - -
CTP securitization CSR risk - -
Equity Risk 96,027.85 115,829.69
Commodity Risk 256,100.61 -
Foreign Exchange Risk 943,671.17 369,696.38
DRC - non-securitization 201,434.23 255,689.06
DRC - non-CTP securitization 0 -
DRC - CTP securitization 0 -
Total 2,687,685.34 2,132,411.90
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Annual Report 2024
Simplified BA-CVA (CVA 1)
1) BRI Individually
(in IDR million)
Component ATMR BA-CVA
Risk
a b
Systematic Component Aggregation 36,717.14
Idiosyncratic CVA Risk Component Aggregation 19,691.98
Total 203,590.50
2. BRI Consolidated with Subsidiaries
Component ATMR BA-CVA
Risk
a b
Systematic Component Aggregation 36,717.14
Idiosyncratic CVA Risk Component Aggregation 19,691.98
Total 203,590.50
CVA Risk Management Process Derivative transaction activities were carried out by the Business
Treasury Unit and monitored by the Risk Management Unit
CVA risk is the risk of loss arising from changes in the CVA value as (Market, Portfolio and Enterprise Risk). BRI regularly sets and
a result of changes in the counterparty’s loan spread and market reviews limits for derivative transactions through pre-settlement
risk factors that affect the price of derivative transactions. 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 CVA Method
implementing risk management regulated in the general risk
management policy and based on the Three Lines Model where BRI uses the simplified basic approach method (BA-CVA) in
the Board of Commissioners and Board of Directors act as the calculating the capital burden for CVA risk. The BA-CVA approach
governing body and the Three Lines of Defense consisting of the calculates and sums up all counterparties included in the scope
Operational Business Unit, Risk Management Business Unit and of the CVA Calculation in accordance with regulatory provisions.
Internal Audit Business Unit.
Disclosure of Interest Rate Risk Exposure In Banking Book (IRRBB)
Interest rate risk in the banking book 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 the Bank’s capital and income both now and in the future.
Interest Rate Risk In Banking Book (IRRBB) 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.
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Management Discussion and Analysis
on Bank Performance
Qualitative Analysis
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 long-
term 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)
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, 2024:
a. Current Account; Overnight time bucket (62,06%), 3 - 4 year time bucket (28,65%) and 4 - 5 year time bucket (9.29%).
b. Savings; Overnight time bucket (18.75%) and 4 - 5 year time bucket (81.25%).
In Million Rupiah ∆ EVE ∆ NII
T–1 T–1
Period T T
(September) (September)
Parallel Up (17.018.702) (16.250.046) (15.521.535) (15.108.677)
Parallel Down 17.637.638 16.829.892 14.586.882 14.161.607
Steepener (9.035.553) (8.373.921) - -
Flattener 4.913.574 4.446.643 - -
Short Rate Up (3.473.731) (3.513.643) - -
Short Rate Down 3.486.656 3.527.196 - -
Negative Maximum Value (absolute) 17.018.702 16.250.046 15.521.535 15.108.677
Tier 1 Capital (for Δ EVE) or Projected Income (for Δ NII) 241.774.962 249.133.762 102.450.330 104.552.073
Maximum Value divided by Tier 1 Capital (for Δ
7,04% 6,52% 15,15% 14,45%
EVE) or Projected Income (for Δ NII)
364 PT Bank Rakyat Indonesia (Persero) Tbk
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Consolidated Interest Rate Risk in Banking Book (IRRBB).
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.
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 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)
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 2023 in 3 separate time buckets, namely:
a. Overnight (non corefund), Current Account (61.53%) and Savings (18.86%)
b. 3 - 4 years (corefund), Current Account (29.16%) and Savings (0.01%)
c. 4 - 5 years (corefund), Current Account (9.31%) and Savings (81.13%)
In Million Rupiah ∆ EVE ∆ NII
Period T T – 1 (June) T T – 1 (June)
Parallel Up (17.238.778) (17.069.467) (15.741.865) (18.133.135)
Parallel Down 17.863.951 17.667.699 14.807.213 17.158.032
Steepener (9.137.309) (8.708.637) - -
Flattener 4.961.879 4.582.265 - -
Short Rate Up (3.530.429) (3.759.064) - -
Short Rate Down 3.543.628 3.774.093 - -
Negative Maximum Value (absolute) 17.238.778 17.069.467 15.741.865 18.133.135
Tier 1 Capital (for Δ EVE) or Projected Income (for Δ NII) 244.971.880 237.152.787 103.437.184 113.992.485
Maximum Value divided by Tier 1 Capital (for Δ
7,04% 7,20% 15,22% 15,91%
EVE) or Projected Income (for Δ NII)
PT Bank Rakyat Indonesia (Persero) Tbk 365
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Management Discussion and Analysis
on Bank Performance
Liquidity Risk
Risks caused by the Bank’s inability to meet maturing obligations from cash flow funding sources, and/or from high quality liquid assets
that can be pledged, without disrupting the Bank’s activities and financial condition. BRI manages liquidity risk by measuring the short-
term and long-term liquidity adequacy ratios faced by the Bank using the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio
(NSFR). The disclosure of LCR and NSFR ratios is presented in the following tables:
Liquidity Risk Disclosure
Liquidity Coverage Ratio (LCR)
Quarterly Report on Liquidity Coverage Ratio (LCR) Compliance Calculation
(in IDR million)
Individual
Reporting Date Standing Previously Reporting Date Standing
HQLA value after HQLA value after
haircut, outstanding haircut, outstanding
No Component
Outstanding value obligations and Outstanding value obligations and
of obligations and commitments multiplied of obligations and commitments multiplied
commitments/value of by run-off rate or commitments/value of by run-off rate or
contractual claims contractual receivable contractual claims contractual receivable
value multiplied by value multiplied by
inflow rate. inflow rate.
Number of data points used in
1 92 days 92 days
LCR calculations
HIGH QUALITY LIQUID ASSET (HQLA)
Total High Quality Liquid Asset
2 332,016,658 314,951,611
(HQLA)
Individual customer deposits
and funding from Micro
3 634,498,706 36,016,635 618,845,434 35,130,782
Business and Small Business
customers, consisting of:
a. Stable savings/funding 548,664,713 27,433,236 535,075,227 26,753,761
b. Less stable Savings/Funding 85,833,993 8,583,399 83,770,207 8,377,021
Funding from corporate
4 547,330,339 177,031,450 539,658,006 175,944,741
customers consists of:
a. Operational savings 293,145,467 71,591,119 271,769,195 65,692,712
b. Non-operational savings
and/or other non-operational 252,359,884 103,615,343 266,920,923 109,284,142
liabilities
Securities in the form of debt
1,824,988 1,824,988 967,887 967,887
securities issued by banks
Funding with collateral
5 8,818,359 3,651,875 9,000,501 1,600,927
(secured funding)
Other cash outflows (additional
6 407,818,350 162,492,386 393,122,613 146,668,724
requirements), consisting of:
366 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Consolidation
Reporting Date Standing Previously Reporting Date Standing
HQLA value after haircut, HQLA value after haircut,
Outstanding value of obligations outstanding obligations and Outstanding value of obligations outstanding obligations and
and commitments/value of commitments multiplied by run- and commitments/value of commitments multiplied by run-off
contractual claims off rate or contractual receivable contractual claims rate or contractual receivable
value multiplied by inflow rate. value multiplied by inflow rate.
92 days 92 days
337,555,743 320,397,739
636,974,479 36,203,789 621,239,084 35,324,462
549,873,186 27,493,659 535,988,928 26,799,446
87,101,293 8,710,129 85,250,157 8,525,016
550,721,641 178,619,591 543,063,133 177,610,020
293,695,769 71,721,115 272,334,952 65,826,018
255,200,884 105,073,488 269,760,293 110,816,114
1,824,988 1,824,988 967,887 967,887
9,140,191 3,651,875 9,175,980 1,600,927
408,563,734 163,120,089 393,841,646 147,293,607
PT Bank Rakyat Indonesia (Persero) Tbk 367
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Management Discussion and Analysis
on Bank Performance
Individual
Reporting Date Standing Previously Reporting Date Standing
HQLA value after HQLA value after
haircut, outstanding haircut, outstanding
No Component
Outstanding value obligations and Outstanding value obligations and
of obligations and commitments multiplied of obligations and commitments multiplied
commitments/value of by run-off rate or commitments/value of by run-off rate or
contractual claims contractual receivable contractual claims contractual receivable
value multiplied by value multiplied by
inflow rate. inflow rate.
a. Cash outflow on derivative
149,597,496 149,597,496 133,100,621 133,100,621
transactions
b. Cash outflow due to
0 0 0 0
increased liquidity needs
c. Cash outflow due to loss of
0 0 0 0
funding
d. Cash outflow from drawdown
of loan facility commitments 77,515,671 6,718,325 72,760,316 6,265,145
and liquidity facilities
e. Cash outflow for other
contractual obligations related 0 0 0 0
to distribution of funds
f. Cash outflow of other funding
179,926,411 5,397,792 185,524,452 5,565,734
contingent liabilities
g. Other contractual cash
778,772 778,772 1,737,224 1,737,224
outflows
7 TOTAL CASH OUTFLOW 379,192,346 359,345,174
CASH INFLOW
Loans with collateral Secured
8 8,359,097 0 5,917,320 0
lending
9 Bill from the counterparty 41,040,557 20,520,321 41,184,730 20,592,435
10 Other cash inflows 150,273,112 150,273,112 135,521,888 135,521,888
11 TOTAL CASH INFLOW 170,793,433 156,114,323
TOTAL ADJUSTED VALUE1 TOTAL ADJUSTED VALUE1
12 TOTAL HQLA 332,016,658 314,951,611
13 TOTAL NET CASH OUTFLOWS 208,398,914 203,230,851
14 LCR (%) 159.32% 154.97%
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.
368 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Consolidation
Reporting Date Standing Previously Reporting Date Standing
HQLA value after haircut, HQLA value after haircut,
Outstanding value of obligations outstanding obligations and Outstanding value of obligations outstanding obligations and
and commitments/value of commitments multiplied by run- and commitments/value of commitments multiplied by run-off
contractual claims off rate or contractual receivable contractual claims rate or contractual receivable
value multiplied by inflow rate. value multiplied by inflow rate.
149,597,496 149,597,496 133,100,621 133,100,621
0 0 0 0
0 0 0 0
77,654,342 6,739,350 72,874,404 6,285,269
606,677 606,677 604,753 604,753
179,926,446 5,397,793 185,524,643 5,565,739
778,772 778,772 1,737,224 1,737,224
381,595,345 361,829,016
8,359,097 0 5,917,320 0
42,447,231 21,228,475 41,469,943 20,736,676
150,297,272 150,285,192 135,545,616 135,533,752
171,513,667 156,270,428
TOTAL ADJUSTED VALUE1 TOTAL ADJUSTED VALUE1
337,555,743 320,397,739
210,081,677 205,558,588
160.68% 155.87%
PT Bank Rakyat Indonesia (Persero) Tbk 369
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Management Discussion and Analysis
on Bank Performance
Individual Analysis
• The Liquidity Coverage Ratio (LCR) of BRI on an individual basis for Q4 2024 stood at 159.32%. The composition of High-Quality Liquid Assets (HQLA)
was predominantly Level 1 assets, amounting to IDR331.69 trillion (99.90%). These assets included cash, liquidity reserves at Bank Indonesia (GWM
and placements at BI), and Level 1 securities. Meanwhile, Level 2 assets amounted to IDR0.32 trillion (0.10%).
• The majority of BRI’s funding sources (Bank Only) during Quarter IV 2024 came from CASA amounting to 67.54% with the following composition:
Funding Source Components Composition
Demand Deposits 27.69%
Savings 39.86%
CASA 67.54%
Deposits 32.46%
Total 100.00%
• BRI has a management strategy, early warning indicator, and Contingency Funding Plan related to Liquidity risk. Liquidity risk management was carried
out by calculating cash flow projections, maturity profiles, monitoring liquidity limits and carrying out periodic liquidity stress testing.
• Liquidity risk management and contingency funding plan simulations were carried out by the Liquidity Continuity Management Team. Determination
and monitoring of limits as an early warning indicator of liquidity as well as the implementation of periodic liquidity stress testing were carried
out by the risk management unit. Apart from that, currently BRI has an Action Plan (Recovery Plan), which is one of the enhancement steps in the
Implementation of Risk Management and in compliance with Regulatory provisions.
Net Stable Funding Ratio (NSFR)
INDIVIDUAL NSFR
A. Calculation of NSFR
(in IDR million)
Position as of September 2024 Report Date
Carrying Value Based on Remaining Time Period (in IDR million)
ASF Component
6 months - < 1 Total Weighted
No Time Period < 6 months ≥ 1 year
year Value
1 Capital 318,430,790
Capital according to OJK
2 318,430,790 0 0 0 318,430,790
Regulations Minumum CAR
3 Other capital instruments 0 0 0 0 0
Deposits from individual
4 customers and Funding from micro 547,277,340 145,864,767 6,790,588 1,231,518 661,817,710
and small business customers:
5 Stable Savings and Funding 518,630,603 89,925,702 4,379,015 818,756 583,107,310
6 Less Stable Savings and Funding 28,646,737 55,939,065 2,411,573 412,762 78,710,400
Funding from corporate
7 320,004,516 324,321,213 10,011,911 14,344,675 303,520,695
customers:
8 Operational savings 320,004,516 0 0 0 160,002,258
Other funding from corporate
9 0 324,321,213 10,011,911 14,344,675 143,518,437
customers
Liability with interdependent
10 0 0 0 0 0
assets pairs
11 Other liabilities and equity:
12 NSFR Derivative Liabilities 0 0
Equity and other liabilities not
13 45,025,614 13,699,882 12,373,741 9,653,207 15,840,077
included in the above categories
14 Total ASF 1,299,609,272
370 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Consolidated Analysis
• The Liquidity Coverage Ratio (LCR) of BRI on a consolidated basis for Q4 2024 stood at 160.68%. The composition of High-Quality Liquid Assets
(HQLA) (Bank Only) was predominantly Level 1 assets, amounting to IDR337.11 trillion (99.87%). These assets included cash, liquidity reserves at Bank
Indonesia (GWM and placements at BI), and Level 1 securities. Meanwhile, Level 2 assets amounted to IDR0.44 trillion (0.13%).
• The majority of BRI (Consolidated) funding sources during Quarter IV 2023 came from CASA amounting to 67.30% with the following composition:
Funding Source Components Composition
Demand Deposits 27.57%
Savings 39.73%
CASA 67.30%
Deposits 32.69%
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.
Position as of December 2023 Report Date
Carrying Value Based on Remaining Time Period (in IDR million)
No Time Period < 6 months 6 months - < 1 year ≥ 1 year Total Weighted Value
311,466,682
311,466,682 0 0 0 311,466,682
0 0 0 0 0
565,276,406 147,568,587 7,305,648 1,435,765 681,255,048
538,328,981 91,137,582 4,207,560 782,742 602,773,159
26,947,424 56,431,005 3,098,088 653,023 78,481,889
343,618,708 258,428,624 34,658,565 7,562,145 299,387,581
343,618,708 0 0 0 171,809,354
0 258,428,624 34,658,565 7,562,145 127,578,227
0 0 0 0 0
68,921,890 29,521,503 12,373,741 9,653,207 15,840,077
1,307,949,388
PT Bank Rakyat Indonesia (Persero) Tbk 371
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Management Discussion and Analysis
on Bank Performance
Carrying Value Based on Remaining Time Period (in IDR million)
Carrying Value Based on Remaining Time Period (in IDR million)
ASF Component
6 months - < 1 Total Weighted
No Time Period < 6 months ≥ 1 year
year Value
Total HQLA in the framework of
15 11,351,755
NSFR calculations
Simpanan pada lembaga
16 keuangan lain untuk tujuan 51,331,526 0 0 0 25,665,763
operasional
Pinjaman dengan kategori Lancar
17 dan Dalam Perhatian Khusus 0 353,790,448 410,920,754 2,626,627,932 869,360,909
(performing) dan surat berharga
To financial institutions secured by
18 0 9,913,798 0 0 991,380
HQLA Level 1
To financial institutions secured
other than by HQLA Level 1 and
19 0 0 0 0 0
loans to financial institutions
without collateral
To non-financial companies,
individual customers and micro
and small business customers,
the Government of Indonesia,
20 0 92,909,178 96,433,661 801,064,266 775,576,045
governments of other countries,
Bank Indonesia, central banks of
other countries and public sector
entities, including:
Meet the qualifications to receive
a risk weight of 35% or less, in
21 0 0 0 4,200,583 2,730,379
accordance with OJK Circular
Letter RWA for Credit Risk
Credit secured by a residential
22 house that is not being used as 0 16,176,035 28,657,122 36,189,431 53,177,595
collateral, including:
Meet the qualifications to receive
a risk weight of 35% or less, in
23 0 5,143,048 11,020,795 31,584,572 28,611,893
accordance with OJK Circular
Letter RWA for Credit Risk
Securities that are not under
collateral, are not in default,
24 and are not included as HQLA, 0 1,191,868 2,586,021 7,511,380 8,273,618
including shares traded on the
exchange
Assets with interdependent
25 0 0 0 0 0
liability pairs
26 Other assets: 0 0 0 0 122,508,889
Physical commodities traded,
27 0
including gold
Cash, securities and other assets
recorded as initial margin for
derivative contracts and cash or
28 0 0 0
other assets submitted as default
funds to the central counterparty
(CCP)
29 NSFR derivative assets 3,831,584 0 0 3,831,584
NSFR derivative liabilities before
30 0 0 0 0
deducting variation margin
Other assets that do not fall into
31 10,598,328 2,891,816 696,375 104,490,786 118,677,304
the above categories**)
32 Administrative Account 31,049,098 24,942,425 10,870,439,992 4,705,523
33 Total RSF 1,033,592,839
34 Net Stable Funding Ratio (%) 125.74%
372 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Carrying Value Based on Remaining Time Period (in IDR million)t
Carrying Value Based on Remaining Time Period (in IDR million)
No Time Period < 6 months 6 months - < 1 year ≥ 1 year Total Weighted Value
11,922,129
26,343,148 0 0 0 13,171,574
0 395,173,699 396,847,840 2,622,409,227 872,273,793
0 15,816,476 0 0 1,581,648
0 0 0 0 0
0 97,250,510 96,081,739 795,990,173 773,257,771
0 0 0 5,944,816 3,864,130
0 21,153,979 25,631,502 36,292,295 54,241,191
0 7,232,146 10,197,573 33,018,650 30,176,982
0 2,447,318 1,115,400 8,671,425 9,152,070
0 0 0 0 0
0 0 0 0 120,031,796
0
0 0 5,032
0 0 0 0
0 0 0 0
10,747,361 2,841,635 648,128 105,790,395 120,027,519
35,503,334 33,009,972 10,881,684,574 6,261,636
1,023,660,927
127.77%
PT Bank Rakyat Indonesia (Persero) Tbk 373
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Management Discussion and Analysis
on Bank Performance
Individual Analysis
I. NSFR Value Analysis
(in IDR million))
Ratio Component September 2024 December 2024
Available Stable Funding (ASF) 1,299,609,272 1,307,949,388
Net Stable Funding Ratio (NSFR)
Required Stable Funding (RSF) 1,033,592,839 1,023,660,927
NSFR 125.74% 127,77%
The Net Stable Funding Ratio (NSFR) of PT Bank Rakyat Indonesia (Persero), Tbk as of December 2024 stood at 127.77%, with Available Stable Funding
(ASF) amounting to IDR1.31 trillion and Required Stable Funding (RSF) amounting to IDR1.02 trillion.
II. ASF Composition
(in IDR million))
ASF Components Values
ASF Components Values after weighting
after weighting
Capital according to OJK Regulation Minimum CAR 311,466,682
Deposits from individual customers 630,051,452
Funding from micro and small business customers 51,203,596
Funding from corporate customers 299,387,581
Liabilities that have a dependency relationship with certain assets 0
Other liabilities and equity 15,840,077
Total ASF 1,307,949,388
The Available Stable Funding (ASF) components in the Net Stable Funding Ratio (NSFR) of PT Bank Rakyat Indonesia (Persero) include Capital in
accordance with OJK Regulation Minimum CAR, Individual customer deposits, Funding from micro and small business customers, Corporate customer
funding, Liabilities that have a dependency relationship with certain assets, and Other liabilities and equity. The composition of BRI’s ASF as of
December 2024 was dominated by the component of deposits from individual customers amounting to IDR630.05 trillion (48.17%), capital of
IDR311.47 trillion (23.81%) and deposits from corporate customers of IDR299.39 trillion (22.89%).
NSFR KONSOLIDASI
Laporan Net Stable Funding Ratio (NSFR)
(in IDR million)
Position as of September 2024 Report Date
Carrying Value Based on Remaining Time Period (in IDR million)
ASF Component
6 months - < 1 Total Weighted
No Time Period < 6 months ≥ 1 year
year Value
1 Capital 321,947,096
Capital according to OJK
2 321,947,096 0 0 0 321,947,096
Regulations Minumum CAR
3 Other capital instruments 0 0 0 0 0
Deposits from individual
customers and Funding from
4 548,675,137 147,867,361 6,799,401 1,232,565 664,934,316
micro and small business
customers:
5 Stable Savings and Funding 519,483,819 90,015,702 4,381,328 819,803 584,006,609
6 Less Stable Savings and Funding 29,191,318 57,851,659 2,418,073 412,762 80,927,707
374 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Individual Analysis
III.RSF Composition
(in IDR million))
RSF Components Value after weighting
Total HQLA for NSFR calculation 11,922,129
Deposits or placement of funds in other financial institutions for operational activities 13,171,574
Loans in the Current and Special Mention categories (performing) and securities that are not in default 872,273,793
Assets that have interdependent liability pairs 0
Other assets 120,031,796
Off-Balance Sheet Transactions 6,261,636
Total RSF 1,023,660,927
The Required Stable Funding (RSF) components in the Net Stable Funding Ratio (NSFR) of PT Bank Rakyat Indonesia (Persero) include High Quality
Liquid Assets (HQLA), Deposits in other financial institutions for operational activities, Current Category Loans and DPK and Securities that are not
in default, Other Assets, and Administrative Account Transactions. The composition of BRI’s RSF as of December 2024 is dominated by Current and
Special Mention category Loans (performing) and Securities that are not in default amounting to IDR872.27 trillion (85.21%).
IV. Concentration of Funding Sources
BRI identifies the risk of funding source concentration by conducting a funding concentration risk analysis on 50 Core Depositors. BRI sets a funding
source concentration limit which aims to limit the level of liquidity risk to the limit accepted by the Bank so that the potential loss of liquidity risk that
arises can still be absorbed by the allocated capital.
The ratio of 50 Core Depositors as of December 31, 2024 was 20.98% or nominally IDR284.96 trillion, decreasing compared to the position as of
September 30, 2024 of 22.60% or nominally IDR306.71 trillion.
Position as of December 2023 Report Date
Carrying Value Based on Remaining Time Period (in IDR million)
No Time Period < 6 months 6 months - < 1 year ≥ 1 year Total Weighted Value
314,969,589
314,969,589 0 0 0 314,969,589
0 0 0 0 0
566,915,002 149,492,327 7,324,967 1,451,252 684,547,989
539,332,108 91,212,434 4,208,879 783,779 603,799,529
27,582,894 58,279,892 3,116,088 667,473 80,748,460
PT Bank Rakyat Indonesia (Persero) Tbk 375
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Management Discussion and Analysis
on Bank Performance
Position as of September 2024 Report Date
Carrying Value Based on Remaining Time Period (in IDR million)
ASF Component
6 months - < 1 Total Weighted
No Time Period < 6 months ≥ 1 year
year Value
Funding from corporate
7 320,570,760 328,200,195 10,011,911 14,344,675 304,328,069
customers:
8 Operational savings 320,570,760 0 0 0 160,285,380
Other funding from corporate
9 0 328,200,195 10,011,911 14,344,675 144,042,689
customers
Liability with interdependent
10 0 0 0 0 0
assets pairs
11 Other liabilities and equity: 45,840,540 14,394,117 12,373,741 9,653,207 15,840,077
12 NSFR Derivative Liabilities 0 - 0
Equity and other liabilities not
13 45,840,540 14,394,117 12,373,741 23,758,144 15,840,077
included in the above categories
14 Total ASF 1,307,049,559
Carrying Value Based on Remaining Time Period (in IDR million)
Carrying Value Based on Remaining Time Period (in IDR million)
ASF Component
6 months - < 1 Total Weighted
No Time Period < 6 months ≥ 1 year
year Value
Total HQLA in the framework of
15 11,634,389
NSFR calculations
Deposits in other financial
16 institutions for operational 51,331,526 317,768 0 0 25,824,647
purposes
Loans in the categories Current
17 and Special Mention 0 126,718,017 139,339,079 884,201,832 873,441,225
(performing) and securities
To financial institutions secured by
18 0 9,913,798 0 0 991,380
HQLA Level 1
To financial institutions secured
other than by HQLA Level 1 and
19 0 0 0 0 0
loans to financial institutions
without collateral
To non-financial companies,
individual customers and micro
and small business customers,
the Government of Indonesia,
20 0 94,241,172 96,988,236 803,905,518 778,934,394
governments of other countries,
Bank Indonesia, central banks of
other countries and public sector
entities, including:
376 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Position as of December 2023 Report Date
Carrying Value Based on Remaining Time Period (in IDR million)
No Time Period < 6 months 6 months - < 1 year ≥ 1 year Total Weighted Value
344,217,541 262,366,431 34,658,565 7,562,145 301,468,841
344,217,541 0 0 0 172,108,771
0 262,366,431 34,658,565 7,562,145 129,360,071
0 0 0 0 0
69,802,560 30,183,182 12,373,741 9,653,207 15,840,077
- 0
69,802,560 30,183,182 12,373,741 23,758,144 15,840,077
1,316,826,496
Carrying Value Based on Remaining Time Period (in IDR million)t
Carrying Value Based on Remaining Time Period (in IDR million)
No Time Period < 6 months 6 months - < 1 year ≥ 1 year Total Weighted Value
12,177,033
26,343,148 228,476 0 0 13,285,812
0 145,222,755 134,012,349 883,805,983 876,654,231
0 16,014,285 0 0 1,601,428
0 0 0 0 0
0 98,318,401 96,977,809 799,295,509 777,049,288
PT Bank Rakyat Indonesia (Persero) Tbk 377
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Management Discussion and Analysis
on Bank Performance
Carrying Value Based on Remaining Time Period (in IDR million)
Carrying Value Based on Remaining Time Period (in IDR million)
ASF Component
6 months - < 1 Total Weighted
No Time Period < 6 months ≥ 1 year
year Value
Meet the qualifications to receive
a risk weight of 35% or less, in
21 0 0 0 4,382,236 2,848,453
accordance with OJK Circular
Letter RWA for Credit Risk
Credit secured by a residential
22 house that is not being used as 0 16,228,130 28,744,027 36,818,126 53,781,486
collateral, including:
Meet the qualifications to receive
a risk weight of 35% or less, in
23 0 5,143,048 11,020,795 31,584,572 28,611,893
accordance with OJK Circular
Letter RWA for Credit Risk
Securities that are not under
collateral, are not in default,
24 and are not included as HQLA, 0 1,191,868 2,586,021 7,511,380 8,273,618
including shares traded on the
exchange
Assets with interdependent
25 0 0 0 0 0
liability pairs
26 Other assets: 10,661,862 7,048,363 706,522 104,953,235 123,369,982
Physical commodities traded,
27 0 0
including gold
Cash, securities and other assets
recorded as initial margin for
derivative contracts and cash or
28 0 0 0 0
other assets submitted as default
funds to the central counterparty
(CCP)
29 NSFR derivative assets 3,831,584 0 0 3,831,584
NSFR derivative liabilities before
30 0 0 0 0
deducting variation margin
Other assets that do not fall into
31 10,661,862 3,216,779 706,522 104,953,235 119,538,398
the above categories**)
32 Administrative Account 31,049,108 24,942,425 39,088,162 4,705,524
33 Total RSF 1,038,975,766
34 Net Stable Funding Ratio (%) 125,80%
378 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Carrying Value Based on Remaining Time Period (in IDR million)t
Carrying Value Based on Remaining Time Period (in IDR million)
No Time Period < 6 months 6 months - < 1 year ≥ 1 year Total Weighted Value
0 0 0 5,944,816 3,864,130
0 21,210,605 25,721,568 36,875,583 54,810,332
0 7,232,146 10,197,573 33,018,650 30,176,982
0 2,447,318 1,115,400 8,671,425 9,152,070
0 0 0 0 0
10,815,387 3,101,978 657,566 106,247,017 120,821,193
0 0
0 0 5,032 4,277
0 0 0 0
0 0 0 0
10,815,387 3,101,978 657,566 106,241,985 120,816,916
35,503,383 33,009,972 57,690,612 6,261,637
1,029,199,906
127,95%
PT Bank Rakyat Indonesia (Persero) Tbk 379
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Management Discussion and Analysis
on Bank Performance
Consolidated Analysis
I. Consolidated NSFR Value Analysis
(in percents)
Net Stable Funding Ratio September 2024 December 2024
PT Bank Rakyat Indonesia (Persero), Tbk 125.74% 127.77%
PT Bank Raya Indonesia, Tbk 138.22% 160.27%
BRI Consolidation 125.80% 127.95%
Based on OJK Regulation No. 50/POJK.03/2017, it is stated that Banks are required to calculate and report the Net Stable Funding Ratio (NSFR) on a
Consolidated basis. The position in December 2024, BRI Consolidated NSFR was recorded at 127.95%, an increase of 2.14% compared to the position
in September 2024 of 125.80%. The increase was due to an increase in the Available Stable Funding (ASF) component of IDR9.78 trillion or 0.75%
and a decrease in the Required Stable Funding (RSF) component of IDR9.78 trillion or 0.94%. On a consolidated basis, BRI Consolidated NSFR has
met the minimum requirement of 100% with the following details:
Components of BRI Consolidated Net Stable Funding Ratio
(in IDR million)
Ratio Component September 2024 December 2024
Available Stable Funding (ASF) 1,307,049,559 1,316,826,496
Net Stable Funding Ratio (NSFR)
Required Stable Funding (RSF) 1,038,975,766 1,029,199,906
NSFR 125.80% 127.95%
II. ASF Composition
(in IDR million)
ASF Components Value after weighting
Capital according to OJK Regulation Minumum CAR 314,969,589
Deposits from individual customers 631,709,969
Funding from micro and small business customers 52,838,019
Funding from corporate customers 301,468,841
Liabilities that have a dependency relationship with certain assets 0
Other liabilities and equity 15,840,077
Total ASF 1,316,826,496
The Available Stable Funding (ASF) component of BRI Consolidation consists of Capital in accordance with POJK KPMM, Individual Customer Deposits,
Funding originating from micro and small business customers, Corporate Customer Funding and other Liabilities and equity. from micro and small
business customers, Corporate Customer Funding and other liabilities and equity. Total ASF of BRI Consolidated for the period of December 2024
amounted to IDR1,316.83 Trillion dominated by the component of Deposits from individual customers
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Annual Report 2024
Consolidated Analysis
III.RSF Composition
(in IDR million)
RSF Components Value after weighting
Total HQLA for NSFR calculation 12,177,033
Deposits or placement of funds in other financial institutions for operational activities 13,285,812
Loans in the Current and Special Mention categories (performing) and securities that are not in default 876,654,231
Other assets 120,821,193
Off-Balance Sheet Transactions 6,261,637
Total RSF 1,029,199,906
BRI Consolidated Required Stable Funding (RSF) components consist of High Quality Liquid Assets for the purpose of calculating NSFR, Deposits or
placements in other Financial Institutions, Current and Special Mention (DPK) Category Credits and Securities that are not in default, Other Assets, and
Administrative Account Transactions.
The total RSF of BRI Consolidated in December 2024 amounted to IDR1,029.20 trillion with the composition of BRI Consolidated RSF in December 2024
dominated by Current category loans and deposits and securities that are not in default amounting to IDR876.65 t (85.18%) of the total RSF component,
where the composition of these components is dominated by BRI amounting to IDR872.27 trillion (99.50%) and Bank Raya amounting to IDR4.38 trillion
(0.50%).
Liquidity Risk – Restricted Assets (Encumbrance)
a b c d
Assets that are stored or contracted with
Unencumbered
Encumbered Assets the Central Bank but not used to generate Total
assets
liquidity
Assets in the statement of
financial position can be
11,114,936,844,212 303,898,424,707,928 29,709,277,719,374 344,722,639,271,514
presented in detail 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.
Total assets that meet the qualifications in the table above as of December 31, 2024 are IDR344.72 trillion. Based on the distribution, the total value of
the assets consisted of:
• Restricted assets amounted to IDR11.11 trillion or 3.22% of total assets.
• Assets stored or agreed with the Central Bank but not yet used to generate liquidity amounted to IDR303.90 trillion or 88.16% of total assets.
• Unrestricted assets amounted to IDR29.71 trillion or 8.62% of total assets.
PT Bank Rakyat Indonesia (Persero) Tbk 381
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Management Discussion and Analysis
on Bank Performance
Operational Risk
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. Occupational Safety and Health Management System.
c. Anti-fraud strategy
d. 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.
2 The structure and organization of the management and control functions related to operational risk at BRI were formed by taking into account
developments in operational risk in banking and financial services institutions as well as the complexity of BRI’s business. In this regard, an
Operational Risk Management Unit was in managing operational risk at BRI. Operational Risk Management Unit was directly responsible to the
Director of Risk Management, and Operational Risk Management Unit consisted of the Digital Risk Division and Operational Risk Division.
Along with the development of digital transactions and services and to anticipate increasing cyber threats, the Digital Risk Division 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.
The Operational Risk Division focuses on risk management in the operational sector which includes developing and implementing an operational
risk management framework, preparing policies and implementing Business Continuity Management (BCM) and Occupational Health and Safety
Management System (SMK3), and controlling fraud. The implementation of operational risk management was strengthened by the establishment
of the Regional Risk Management (RRM) organization. The RRM in the Regional Office acts as a control tower that maintains the quality of the
portfolio and operations at the regional level and is led by an official at the Vice President (VP) level called the RRM Head. The RRM organizational
structure consists of the RRM Head who supervises the Credit Risk Analyst (CRA) and Risk Management and Compliance (RMC).
CRA is based in the Regional Office and performs credit risk management functions. RMC is based in the Regional Office and supervises Micro &
Retail Risk & Compliance (MRR) based in the Branch Office and supervises the Retail and Micro business units.
In addition, to strengthen the implementation of GCG and the implementation of OJK Regulation Number 12 of 2024 concerning the Implementation
of Anti-Fraud Strategy for Financial Services Institutions, following the Decree of the Board of Directors Number 697-DIR/PPM/11/2021 dated
November 15, 2021, the Bank formed a Fraud Risk Management and Recovery Desk which has the task of formulating anti-fraud strategy policies,
ensuring the implementation of anti-fraud strategies which include prevention, detection, investigation, reporting, and sanctions, as well as
monitoring, evaluating, and following-up with the aim of preventing the risk of fraud incidents and carrying out recovery efforts for fraud losses.
BRI views the importance of implementing internal control over financial reporting to support the integrity and reliability of the financial reporting
process to external parties and compliance with the applicable regulations. The implementation of ICOFR at BRI was divided into 4 phases. Phase
1 began in 2021 until Quarter II 2023 with the scope of Micro Credit, Retail & Medium Credit, Customer Deposit, and Financial Reporting. In 2023,
BRI continued phase 2 with the scope of Micro Credit, Retail & Medium Credit, Customer Deposit, Financial Reporting, Consumer Credit, Corporate
Credit. In 2024, BRI continued phase 3 with the scope of Micro Credit, Retail & Medium Credit, Customer Deposit, Financial Reporting, Consumer
Credit, Corporate Credit, Treasury, Trade Finance and Fixed Asset. In accordance with the Decree of the Board of Directors NOKEP: 3927-DIR/
PPM/11/2024 the ICOFR team joined the ORD Division.
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Annual Report 2024
Qualitative Analysis
The current organizational structure of the Operational Risk Division is as follows:
Operational Risk Division
Division Head
Operational Risk Internal Control
BCM & K3 Fraud Management Regional Risk
Strategy Over Financial Operational Risk Data
Department & Recovery Disk Management
Department Reporting & Analytics
Department Head Desk Head RRM Head
Department Head Department Head
Business Continuity
Fraud Strategy & Operational Risk & Methodology
Management (BCM)
Analysis Policy & Methodology ICOFR Risk Management &
Team Credit Risk Analysis
Compliance
Operational Risk
Fraud Governance & Micro & Retail Risk &
K3 Team Implementation &
SAF Terintegrasi Compiance
Monitoring
Emergency Response Operational Risk
Fraud Detection &
& Crisis Management Support System &
System Support
Team Technology
Fraud Response & Credit Risk Analyst
Remediation Monitoring & Support
Regional & Overseas
Operational Risk
Fraud Investigation
Monitoring, Support,
Awareness & Culture
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.
PT Bank Rakyat Indonesia (Persero) Tbk 383
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Management Discussion and Analysis
on Bank Performance
Qualitative Analysis
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.66 DIR/
MPE/12/2022 Book 2 concerning Operational RWA Calculations.
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)
Identification of internal control weaknesses could be done through a business process walkthrough by the ICoFR Team and a test of control
by the Internal Audit Unit (IAU), or routine monitoring performed by each business unit (Control Self Assessment carried out every six months)
determined by each business unit.
i. Identification of Internal Control Weaknesses as Design Deficiency
Design deficiency means that the current internal control design is inadequate, does not match the business and operations, or cannot
mitigate the relevant financial statement assertion risk, thus potentially create a risk of misstatement of the company’s financial statements.
ii. Identification of Internal Control Weaknesses as Operating Deficiency
Operating deficiency means that the practice or implementation of control activities was not carried out in accordance with the design, thus
potentially create a risk of misstatement in the company’s financial statements.
4 Operational risk management was reported regularly to management, business unit heads, and other interested parties as a monitoring tool.
The ORD Division 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
Division. 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.
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Annual Report 2024
Qualitative Analysis
d. BRC/URC risk analysis report
The BRC/URC risk analysis report contained a list of control weaknesses that occured in the Unit according to the results of the verification
conducted by the BRC/URC. This report was submitted by BRC/URC to Business Unit Leaders held at the Business Unit MR Forum every month.
In addition, based on the results of the MRR verification with indications of fraud, the report was submitted to the RCEO and ORD Division for
further follow-up.
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/
information. 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 Division.
PT Bank Rakyat Indonesia (Persero) Tbk 385
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Management Discussion and Analysis
on Bank Performance
Calculation of Risk Weighted Assets (RWA) Operational Risk
In accordance with OJK Circular Letter Number 6/SEOJK.03/2020, the Calculation of Operational Risk RWA using the Standard Approach
as of January 2023 has been implemented. The following is a table of operational RWA calculations using the Standard Approach
according to the provisions of the Financial Services Authority (OJK).
Table of Quantitative Disclosure of Operational Risk – Bank Individually
December 31, 2024
The Approach Business Operational Internal Loss Minimum
No Business Operational
Used Indicator Risk Loss Multiplier Operational
Indicators Risk RWA
Components Components Factor Risk Capital
(1) (2) (3) (4) (5) (6) (7) (8)
Basic Indicator
1 74,722,853 10,758,427 3,415,878 0.750319754 8,072,261 100,903,262
Approach
Total 74,722,853 10,758,427 3,415,878 0.750319754 8,072,261 100,903,262
Table of Quantitative Disclosure of Operational Risk - Consolidated Bank
December 31, 2024
The Approach Business Operational Internal Loss Minimum
No Business Operational
Used Indicator Risk Loss Multiplier Operational
Indicators Risk RWA
Components Components Factor Risk Capital
(1) (2) (3) (4) (5) (6) (7) (8)
Basic Indicator
1 92,934,418 13,490,162 4,175,920 0.74652313 10,070,719 125,883,982
Approach
Total 92,934,419 13,490,162 4,175,920 0.74652313 10,070,719 125,883,982
Operational Risk Quantitative Disclosure Table - Individual Operational Risk Losses (IRO)
Form D1. Historical Loss Data Report
(Minimum limit for an operational loss event of IDR1,500,000,000.00 (one billion five hundred million rupiah) or more) rupiah) or more).
(In Million Rupiah)
Year of accounting for loss 2023 2022 2021 2020
Total net operating loss after taking into account recovery
148,524.76 267,044.82 1,303,740.92 346,236.20
value (without exception)
Total occurrence of operational risk losses 15 27 16 14
Total excluded of operational risk losses 0 0 0 0
Total occurrence of excluded operational risk losses 0 0 0 0
Total net operating loss after taking into account recoveries
148,524.76 267,044.82 1,303,740.92 346,236.20
and operational risk losses that are excluded
386 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
(In Million Rupiah)
December 31, 2023
Minimum
Business Indicator Operational Risk Internal Loss Operational Risk
Business Indicators Operational Risk
Components Loss Components Multiplier Factor RWA
Capital
(9) (10) (11) (12) (13) (14)
74,092,568 10,663,885 3,219,807 0,74 7,921,723 99,021,545
74,092,568 10,663,885 3,219,807 0,74 7,921,723 99,021,545
(In Million Rupiah)
December 31, 2023
Minimum
Business Indicator Operational Risk Internal Loss Operational Risk
Business Indicators Operational Risk
Components Loss Components Multiplier Factor RWA
Capital
(9) (10) (11) (12) (13) (14)
81,866,229 11,829,934 5,433,202 0,81 9,618,943 120,236,798
81,866,229 11,829,934 5,433,202 0,81 9,618,943 120,236,798
(In Million Rupiah)
2019 2018 2017 2016 2015 2014 Term 10 Years
89,009.39 46,053.27 48,278.16 20,331.16 2,272.00 5,761.52 227,725.22
13 5 6 12 1 2 11
0 0 0 0 0 0 0
0 0 0 0 0 0 0
89,009.39 46,053.27 48,278.16 20,331.16 2,272.00 5,761.52 227,725.22
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Management Discussion and Analysis
on Bank Performance
Operational Risk Quantitative Disclosure Table - Consolidated Operational Risk Losses (ORO)
Form D1. Historical Loss Data Report
(Minimum limit for an operational loss event of IDR1,500,000,000.00 (one billion five hundred million rupiah) or more) rupiah) or more).
(million IDR)
Year of accounting for loss 2023 2022 2021 2020
Total net operating loss after taking into account recovery
172,008.32 552,312.18 1,315,022.80 352,062.86
value (without exception)
Total occurrence of operational risk losses 36 19 26 16
Total excluded of operational risk losses 0 0 0 0
Total occurrence of excluded operational risk losses 0 0 0 0
Total net operating loss after taking into account recoveries
172,008.32 552,312.18 1,315,022.80 352,062.86
and operational risk losses that are excluded
Operational Risk Quantitative Disclosure Table - Individual Business Indicators (IB)
Form D3. Business Indicator Breakdown Report
(million IDR)
Business Indicators (IBs) and IB
No.
components
2023 2022 2021
Component of Interest, Rent and Dividends
1 40,709,719.47
(KBSD)
1.1 Interest Revenue 146,152,742.55 124,600,908.78 120,166,772.00
1.2 Interest Expense 43,381,640.97 27,358,330.13 27,783,201.00
1.3 Productive Assets 1,899,821,079.00 1,824,633,926.00 1,629,187,461.00
1.4 Dividend Revenue 95,133.09 1,540,278.82 36,791.00
2 Service Component (KJ) 28,334,762.05
2.1 Fee and Commission Income 20,292,352.24 18,470,165.74 16,548,485.00
2.2 Services and Commission Expenses 336.19 515.35 0.00
2.3 Other operating income 18,791,154.87 534,523.30 10,367,605.00
2.4 Other operating expenses 3,737,422.32 350,842.90 5,354,902.00
3 Financial Component (KK) 5,678,371.61
3.1 Net Profit or Loss Trading Book 1,649,65.85 4,247,320.34 1,268,299.00
3.1 Net Profit or Loss Banking Book 2,145,258.34 2,211,953.29 6,997,318.00
4 IB 74,722,853.13
5 Business Indicator Component (KIB) 10,758,427.97
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Annual Report 2024
(million IDR)
2019 2018 2017 2016 2015 2014 Ratas 10 Tahun
114,107.64 46,790.26 48,278.16 20,331.16 157,272.00 5,761.52 278,394.69
4 8 11 2 2 2 12.6
0 0 0 0 0 0 0
0 0 0 0 0 0 0
114,107.64 46,790.26 48,278.16 20,331.16 157,272.00 5,761.52 278,394.69
Table of Quantitative Disclosure of Operational Risk - Consolidated Business Indicators (IB)
Form D3. Business Indicator Breakdown Report
(million IDR)
No. Indikator Bisnis (IB) dan komponen IB 2023 2022 2021
Component of Interest, Rent and Dividends
1 43,542,930.17
(KBSD)
1.1 Interest Revenue 177,876,805.99 152,449,314.60 143,556,049.00
1.2 Interest Expense 50,755,641.32 33,577,974.27 34,469,089.00
1.3 Productive Assets 2,102,652,690.00 195,105,417.00 1,677,360,092.00
1.4 Dividend Revenue 95,335.19 1,546,691.35 37,761.00
2 Service Component (KJ) 43,623,674.33
2.1 Fee and Commission Income 21,533,666.55 19,637,385.20 17,659,598.00
2.2 Services and Commission Expenses 43,670.03 47,978.16 431.00
2.3 Other operating income 28,621,893.04 25,667,141.19 17,751,339.00
2.4 Other operating expenses 13,890,893.21 14,692,037.56 13,547,138.00
3 Financial Component (KK) 5,767,814.08
3.1 Net Profit or Loss Trading Book 389,692.25 4,341,123.92 1,593,225.00
3.1 Net Profit or Loss Banking Book 2,145,144.07 1,763,973.00 7,070,284.00
4 IB 92,934,418.58
5 Business Indicator Component (KIB) 13,490,162.79
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Management Discussion and Analysis
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Operational Risk Quantitative Disclosure Table - RWA Operational Risk (Individual)
Form D5. Operational Risk RWA Calculation Report using the standardized approach
(million IDR)
No Details Nominal
1 Business Indicator Component (KIB) 10,758,427.97
2 Internal Loss Multiplier (FPKI) 0,75031975
3 Minimum Operating Risk Capital (MMRO) 8,072,260.98
4 RWA for Operational Risk 100,903,262.25
Operational Risk Quantitative Disclosure Table - RWA Operational Risk (Consolidated)
Form D5. Operational Risk RWA Calculation Report using the standardized approach
(Million IDR)
No Details Nominal
1 Business Indicator Component (KIB) 13,490,162,79
2 Internal Loss Multiplier (FPKI) 0,74652313
3 Minimum Operating Risk Capital (MMRO) 10,070,718,55
4 RWA for Operational Risk 125,883,981,88
Material Bonds Related to Capital Goods Investment
Throughout 2024 and 2023, BRI entered into material commitments with a number of parties for capital goods investments as described
below:
Table of Capital Goods Investments Material Bonds
(In Million Rupiah)
2024 2023
Object
Procurement Value Procurement Value
Procurement of Managed Service CRM RBB 988,198 999,926
Communication Channel Rental 751,019 1,217,890
Procurement of IBM AS/400 Power10 Machines for DC GTI Ragunan and ODC
- 125,000
Sentul
Objective of The Bonds
In capital goods procurement engagements using investment To speed up the process of procuring goods primarily by using
budget with a Work Order Letter (SPK) and a Letter of Agreement direct purchase and self-management methods following best
(PKS) in accordance with the tiering of procurement value and practices without requiring an SPK, the procurement committee
term of procurement. Agreement (PKS) in accordance with the only needs to issue a Purchase Order (PO) or a letter of request
tiering of procurement value and procurement period. The purpose for quotation, or simply prove it with a purchase receipt.
of holding an engagement is so that it can be detailed description
of the implementation of procurement work to the provider of
goods that are binding, the rights and obligations of the parties
and contains terms and conditions that must be met by the parties.
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Annual Report 2024
The general principles of procurement of goods within the Denominated Currency and Planned Steps to
company must refer to the guides of efficiency, effectiveness, Hedge Risk From Foreign Currency Positions
competitiveness, transparency, fairness and reasonableness,
accountability, standardization of goods, centralization, All procurement uses rupiah currency, and it is required that all
decentralization and have been determined in the Company’s procurements that have been agreed in foreign currency will be
Work Budget Plan (RKAP). adjusted in the SPK or PKS to use rupiah currency. Thus, BRI will
not hedge due to changes in foreign exchange rates.
Source of Funds
The source of funds uses the budget within the BRI Company
that has been allocated (breakdown) following the budget items
specified in the Company’s Work Budget Plan (RKAP).
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 Rupiah)
Types 2024 Value 2023 Value
Land and Building 1,039,102 94,746
Furniture and Inventory 33,389 14,667
Vehicle 402,708 718,871
Computer and Software 2,529,071 3,119,745
Objective of Capital Goods Investment Subsidiaries and/or Subsidiaries of entities established by BRI
in question, and as long as the quality, price, and purpose are
Apart from supporting Company’s operations, procurement of accountable and take into account arm’s length principle.
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 Commitments and Contingencies
regulations.
Assessment of commitments and contingencies transactions
Users of goods and/or services prioritize synergy between that have individual credit risk using objective evidence, except
SOEs, SOE Subsidiaries, BRI Subsidiaries, and/or Subsidiaries of for commitments and contingencies belonging BRIS (a subsidiary
entities established by BRI as long as the goods and/or services based on sharia principles) is carried out using the Bank Indonesia
are the result of production of the SOEs, SOE Subsidiaries, BRI collectability guidelines.
Table of Commitment and Contingency
(In Million Rupiah)
Description 2024 2023
COMMITMENT
Commitment Bill
Spot purchases and foreign currency 49,309,688 24,948,222
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Management Discussion and Analysis
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Description 2024 2023
Commitment Liability
Loan facilities provided to unused debtors 123,492,574 128,590,416
Spot sales and foreign currency 94,874,355 63,924,016
Irrevocable L/C ongoing to import 11,775,920 11,447,230
Commitment-net (181,833,161) (179,013,440)
CONTINGENCIES
Contingent liability
Warranty issued in the form
Bank guaranty 46,148,254 56,219,970
Standby L/C 20,706,982 9,672,955
Contingencies – net (66,855,236) (65,892,925)
geopolitical risk. In line with this, global inflation is projected to
Significant Agreement decline from 4.45% in 2024 to 4.12% in 2025. Meanwhile, the
Federal Funds Rate (FFR) benchmark interest rate in 2025 is
On September 26 2024, BRI entered into an agreement with PT estimated to be in the range of 3.75%-4.00%, down 50 bps from
SAP Indonesia regarding the procurement of a system license and the range of 4.25-4.50% in 2024.
SAP support for a period of 12 (twelve) months with a contract
value of IDR2.039 million. The Bank has recorded it as a fixed However, there are a number of risks that may potentially push
asset for the same contract value. The agreement between Bank global economic growth lower than the projection, including:
BRI and the related party has followed the terms and conditions 1. Slowing global trade and rising inflation due to the United
that have been mutually agreed. States protectionist trade policies under Donald Trump’s
leadership.
2. Geopolitical uncertainty that could escalate at any time
Material Information and Facts After the due to conflicts in the Middle East, Russia with Ukraine, and
Accountant’s Report Date the South China Sea. These tensions could disrupt global
financial markets and supply chains, increasing global
As of the end of the Annual Report, there were no description inflationary pressures.
of significant events after the date of the accountant’s report 3. The impact of climate change, which has the potential to
including its impact on future business performance and risks. disrupt food production and distribution of global supply
chains, thereby increases inflation in various countries.
Business Prospects and Future In a slowing global economy, Indonesia’s economic growth in
Strategies 2025 is expected to remain supported by domestic demand.
BRI projects Indonesia’s economic growth to be in the range of
Entering 2025, the global economy is expected to still facing 4.89%-5.19% in 2025 from 5.03% in 2024, driven by investment
various challenges and high uncertainty. Under these conditions, expansion and government spending, while household
domestic economic resilience and adaptive strategies are key for consumption growth is expected to tend to stagnate due to the
the business world in facing global dynamics. possibility of continued pressure on people’s purchasing power,
especially in the lower middle class.
BRI estimates that global economic growth in 2025 will slow
slightly from an estimate of 3.29% in 2024 to 3.25%. This There are several factors that can be positive catalysts for
slowdown is mainly due to the weakening economic growth Indonesia’s economic growth in 2025, namely:
of China and the United States, as well as the high global • Fiscal policy expansion, including the implementation of
quick wins programs such as the Free Nutritious Meals (MBG)
392 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
program, the construction of food barns, school renovations, The challenging macroeconomic conditions, combined with the
and the construction and improvement of hospitals. This increasing competition in the banking industry, have made it
program aims to strengthen people’s purchasing power and necessary for BRI to respond with the right strategy to continue
encourage business activities, including the MSME sector. improving its market dominance. Considering the external
• Bank Indonesia’s pro-growth monetary and macroprudential conditions and the company’s long-term aspirations, BRI’s
policies, with an approach that remains accommodative to strategy going forward will focus on:
support economic and banking stability. 1. Rapid CASA growth
Becoming the preferred transaction bank in Indonesia by
Along with domestic economic dynamics, Indonesia’s inflation is providing a reliable transaction experience.
expected to increase from 1.57% in 2024 to the range of 2.65%- 2. Re-invent micro to sustain market leadership
3.03% in 2025. Despite the increase, this inflation rate is still Redesigning the microbusiness model to meet the current
manageable and within the target range of Bank Indonesia (BI) of and future needs of customers.
2.5±1%, thus providing room for BI to lower the BI-Rate in 2025. 3. Revamp growth engines
Furthermore, BRI estimates that the BI-Rate could drop by 25 bps Increasing market share in Consumer and SME businesses
- 50 bps to around 5.50%-5.75% by the end of 2025, from 6.00% through an ecosystem business model and optimizing
in the previous year. Meanwhile, the average Rupiah exchange synergies within the BRI Group.
rate against the US Dollar in 2025 is estimated to be in the range 4. Robust people capabilities
of IDR15,910-IDR16,252 per US Dollar, relatively weakening Implementing human capital transformation through
compared to the previous year’s average of IDR15,847. strengthening leadership, culture, capabilities, and talent
management.
With the prospect of looser monetary policy, bank credit growth 5. Reinforced risk management
is expected to increase from 10.39% in 2024 to 10.48%-11.42% Implementing next-generation risk management along with
in 2025. Meanwhile, Third Party Fund (TPF) growth is projected strengthening the risk culture.
to increase from 4.48% in 2024 to around 5.40%-6.28% in 2025. 6. Re-imagine data and analytics
Developing organizational and analytical data capabilities to
source:
- World Economic Outlook, International Monetary Fund (IMF), January 2025 drive innovation and optimize business.
- Indonesian Banking Statistics, Financial Services Authority (OJK), September
2024
- BRI Economist Team BRI is optimistic that the developed strategies will result on
better performance in the future.
Achievement of Targets and Future Targets
Target Achievement 2024
Comparison of Target and Financial Realization
Comparison of targets and financial realizations can be described as follows:
Table Comparison of Financial Targets and Realizations
(Bank Only, In Billion Rupiah)
December 2024
Description
Target Realization Achievement
Net Profit 54,832 54,841 100.02%
Loan to Deposit Ratio (LDR) 86.83% 89.39% 102.95%
Net Interest Margin (NIM) 6.21% 6.47% 104.10%
Capital Adequacy Ratio (CAR) 22.86% 24.41% 106.76%
Cost to Income Ratio (CIR) 40.84% 36.97% 110.47%
Note: *) Calculation of Cost to Income Ratio (CIR) achievement uses the formula Target/Realization
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Management Discussion and Analysis
on Bank Performance
In 2024 BRI was able to score a net profit of IDR54.84 trillion, Comparison of Target and Capital Structure
reaching the target set, with an achievement 100.02% of the RKA. Realization
This condition is supported by optimization of BRI’s portfolio in
the Corporate and Consumer segments. Net profit achievement As of December 31, 2024, BRI was able to maintain a capital
is supported by BRI’s ability to managing NIM of 6.47% with an structure in accordance with the target and minimum level set by
achievement of 104,10%. In addition, the achievement of BRI’s the regulator. BRI’s total Capital Adequacy Ratio (CAR) of 26.63%
efficiency ratio is also quite can be reflected in the CIR ratio of reached the 2024 target of 25.47%.
110.47%. Meanwhile, for the achievement of BRI’s capital ratio,
it can be seen from the CAR ratio of 24.41% which has been Furthermore, the Complementary Tier 1 Capital Ratio (CET 1)
achieved at 106.76%. was recorded at 25.52%, reaching the 2024 target of 24.41%.
Both Tier 1 and CET 1 were also maintained above the minimum
Loans granted in 2024 amounted to IDR1,216 trillion, growing by regulatory requirements of 6.0% and 4.5% respectively with the
6.1% yoy with customer deposits of IDR1,360 trillion or growing following details.
by 0.6% yoy supported by CASA of IDR919 trillion or growing by
5.2% yoy with a CASA ratio of 67.54%. This had an impact on the
ratio of LDR ratio of 89.39% with an achievement of 102.95%.
Table Comparison of Target and Realized Capital Structure
(In Million Rupiah)
2024
Description
Target Realization Achievement
(1) (2) (3) (4) = (3)/(2)
CAR Ratio 25.47% 26.63% 104.56%
CET Ratio 1 24.41% 25.52% 104.55%
Tier 1 Ratio 24.41% 25.52% 104.55%
Tier 2 Ratio 1.07% 1.11% 103.74%
Tier 1 Minimum Ratio 8.41% 8.53% 101.43%
CET 1 Minimum Ratio 8.41% 8.53% 101.43%
Minimum CAR Based on Risk Profile 9.48% 9.64% 101.69%
Comparison Of Target and Marketing Realization The marketing campaign activity also boosted BRImo’s
performance, which at the end of December 2024 recorded a
During 2024, BRI held a marketing campaign to encourage user growth of 22.1% yoy to 38.6 million users, and boosted the
the use of the Company’s mobile banking application, BRImo, growth in the number of financial transactions and transaction
which was aimed at increasing CASA and transactions in an volume by 39.5% yoy and 33.2% yoy, respectively. This also had
integrated manner, including marketing through various mass an impact on achieving BRI’s fee-based income target, where fee-
media and social media as well as the BRImo FSTVL program based income from E-Channel and E-Banking BRI bank only was
which ran from October 1, 2024 to March 31, 2025. In the recorded at IDR9.17 trillion or grew by 18.6% yoy.
BRIMO FSTVL program, BRI offers hundreds of thousands
of attractive prizes for all customers who loyally use BRI or In addition, the achievement of the fee-based income target
BRImo. Customers who participate in the program only need was also supported by insurance service income recorded at
to increase their Savings balance and make transactions using IDR1.7 trillion or grew 67.2% yoy, in line with BRI’s beyond
BRImo, BRI credit and debit cards during the program period banking services strategy to be present and complete customers’
to get prizes in the form of direct point redemption or a prize financial needs driven by synergy with subsidiaries, in this case
draw program. BRILife and BRI Insurance.
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Annual Report 2024
Table of Comparison of Marketing Targets and Realizations
(In billion Rupiah)
2024
Description
Target Realization Achievement
(1) (2) (3) (4) = (3)/(2)
Fee Based Income 19,729 20,408 103.44%
Comparison of Targets and Realization of HR Development
In 2024, target was achieved well by making employee achievement of the HR development target exceeded the target
competency development a top priority for the Company with a realization of 113.02% of the target. The achievement
through various programs, including education, training, and of HR development through development education reached
certification that could be done offline or online through the 405.82%, far exceeding the target. Meanwhile, enhancement
digital learning platform (BRISMART) and other external learning education exceeded the target with a realization of 108.09% of
platforms (Linkedin Learning, Coursera, and so on). In total, the the target.
Table of Comparison HR Development Targets and Realizations
(In People)
2024
Description
Target Realization Achievement
(1) (2) (3) (4) = (3)/(2)
Development * 1,700 6,899 405.82%
Enhancement** 101,000 109,174 108.09%
Total 102,700 116,074 113.02%
Information:
* BRILiaN Future Leader Program (BFLP), BRILiaN Next Leader Program (BNLP). BRILiaN Leadership Development Program (BLDP), BRILiaN Banking Officer Program (BBOP),
BRILiaN Relationship Manager Program (BRMP).
** 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), and Socialization.
Targets In the Future (Projection)
BRI Management has prepared the Bank’s Business Plan for 2025-2027 by considering current economic conditions and economic
projections in 2025, both from macro and micro perspective.
Table of Assumption in Compiling Projections
No Assumption 2025
MACRO ASSUMPTIONS
1. GDP Growth (%) 4,89%-5,19%
2. Inflation (%) 2,65%-3,03%
3. IDR/USD Rates 16,071 - 16,417
4. BI Rate 5,50%-5,75%
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Management Discussion and Analysis
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No Assumption 2025
MICRO ASSUMPTIONS
1. National Loan Growth (%) 10,48%-11,42%
2. TPF Growth (%) 5,40%-6,28%
Source: BRI Economist Team
Financial Projections
In 2025, BRI will project consolidated credit growth of 7%-9%, main source of liquidity. In contrary, BRI estimates that there
slightly higher than credit growth in 2024 of 6.97% year-on- will be liquidity challenges, especially considering the dynamics
year. The consolidated credit growth will be driven by the MSME of the global macro-economy, which can adverse impact on
segment, including Holding UMi, in line with the Company’s lowering the benchmark interest rate, which is relatively lower
commitment to continue supporting this segment. In 2025, than previously projected, as well as the weak purchasing power
BRI will also revamp growth engines to strengthen the growth of the community, which can have an impact on the growth of M2
of the Non-Micro MSME loan segment. In terms of liability, DPK money supply and limited industry liquidity
collection is projected to grow positively. In addition, the Company
will maintain its focus on liability growth through transactional Additionally, BRI always commits to continue the trend of
CASA, especially by growing retail savings and current accounts improving asset quality and accelerating the resolution of non-
in order to improve the Company’s liability structure. performing loans, reflected in the Credit Cost (CoC) projection
of 3.0%-3.2%, lower than 2024 of 3.23% and the NPL ratio,
In terms of profitability, the Company will maintain its Net which was maintained below 3.0%. BRI will also continue to
Interest Margin (NIM) at 7.3%-7.7%, relatively stable from maintain operational efficiency through digitalization of business
7.74% in 2024. In 2025, NIM is expected to benefit from the processes within the Hybrid Bank Business Model framework, so
potential for interest rate cuts which will have a positive impact it maintains the Cost-to-Income Ratio (CIR) in the range of 41%-
on reducing interest expenses and will be driven by CASA as the 43%.
Table of Financial Projection (cosolidate)
(consolidate, in %)
Description 2025 Projection
Credit growth, Islamic loans and financing 7% - 9%
Net Interest Margin (NIM) 7.3% - 7.7%
Credit Cost (CoC) 3.0% - 3.2%
Non Performing Loan (NPL) Gross <3%
Cost-to-Income Ratio (CIR) 41% - 43%
Capital Structure Projection
KPMM capital as of December 2025 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:
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Annual Report 2024
Table of BRI Capital Projection
(In %)
Description Regulatory Minimum Requirements 2025 BRI Projection
Capital Adequacy Ratio (CAR) 17.28% Above the Regulatory Minimum Requirement
Sustainable business growth and optimal capital management are key to maintaining capital ratios in line with regulatory requirements.
Dividend Policy Projection
BRI establishes a dividend distribution policy by maintaining Marketing Projections
a Dividend Payout Ratio (DPO) of at least 60% of net income
attributable to owners of the parent entity, unless otherwise Based on BRI Bank’s business plan, the marketing communications
determined at the General Meeting of Shareholders (GMS). BRI projections to be carried out in 2025 include:
can distribute dividends on BRI profits with higher or lower DPOs, 1. Strengthening positioning and brand value through
taking into account projections of sustainable business growth, marketing communication activities for BRI products,
fulfillment of capital adequacy ratios, and efforts to maintain services and services in increasing awareness, consideration,
optimal return on equity in the medium and long term. In and product evaluation through various media.
accordance with the provisions, the dividend distribution can be 2. Campaign activation through a digital campaign funnel
in cash or non-cash form. as one of BRI’s clear and measurable media strategy
transformations in reaching target customers that are in line
Going forward, dividend payments will be made while taking with BRI’s product development journey.
into account factors such as business growth strategy, financial
stability, and regulatory compliance. Dividend payments are also In addition, BRI projects the issuance of new products and
made with due regard to applicable regulations, including POJK activities to be carried out in 2025, namely as follows.
17/2023 on the Implementation of Governance for Commercial
Banks.
Table of Marketing Projection
No Product Description
Integrated Corporate Solution Platform A service that makes it easier for wholesale and corporate customers to access BRI products and
1
(QLola) services on one platform.
Development of logistics features on the Integration of logistics features owned by logistics providers into the AgenBRIlink application
2
AgenBRILink Application (BRILink Logistik). (BRILink Mobile).
PalmPay (Palm Payment) is a payment authorization method that utilizes biometric technology
3 PalmPay based on the unique characteristics of a person's palm pattern, which can offer easy, safe and
convenient transactions.
NFC tokenization integration so that BRI credit cards can be used for transactions using the NFC
4 NFC Tokenization of Credit Card
method which is integrated with the global/domestic principal network.
5 BRImo e-payment Instant digital online payment service for BRImo service users at collaborating online merchants.
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Management Discussion and Analysis
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No Product Description
6 SoftPOS NFC Payment on BRI Merchant Payment transactions using NFC technology in the BRI Merchant Application.
Contactless payment transactions (NFC Payment) in the BRImo application on domestic and
7 BRImo NFC Payment
international EDC/POS networks.
Connecting BRI debit and credit cards to global wallets to support contactless payment
8 NFC Payment on Global Wallet
transactions.
Indonesian Credit Card for Government Segment issued to Business Units (Ministries/State
9 Kartu Kredit Indonesia
Institutions/Agencies) of the Central Government and Regional Government.
Insurance products through bancassurance
The business model for integration and distribution of bancassurance product marketing
10 activities (including Subsidiaries) with an
cooperation with Life and General Insurance Companies (Subsidiaries and Non-Subsidiaries).
integration and distribution business model.
Insurance products through bancassurance
Business Model Reference for cooperation in marketing bancassurance products with Life and
11 activities (including Subsidiaries) with a
General Insurance Companies (Subsidiary Companies and Non-Subsidiary Companies).
reference business model
Investment Products through collaboration Investment product marketing cooperation with partners (Subsidiary Companies and Non-
12
(including Subsidiary Companies) Subsidiary Companies).
HR Development Projection
HR development projections in 2024 are as follows:
Table of HR Development Projection
(In Person)
Description 2025 Projection
Development * 1,800
Enhancement** 101,500
Descriptions:
* BRILiaN Future Leader Program (BFLP), BRILiaN Next Leader ** Education Enhancement includes, BRILiaN Specialist
Program (BNLP). BRILiaN Leadership Development Program Development Program (BSDP) 0, BSDP (1,2,3), Public
(BLDP), BRILiaN Banking Officer Program (BBOP), BRILiaN Course, Certification, BRILiaN Leader Retirement Program
Relationship Manager Program (BRMP). (BLRP), BRILiaN Bright Scholarship Program (BBSP), BRILiaN
Improvement Forum (BIF), and Socialization.
Long Term Plans (RJP) Evaluation
To monitor the realization of the Long-Term Plan, BRI conducts are also used as a basis for adjusting and formulating BRI’s
periodic (yearly) evaluations of all Company initiative strategies strategies in the future. In 2024, an evaluation was carried out
in a certain period of time. Evaluations are not only carried out on the realization of the BRIvolution 2.0 Corporate Plan from all
to ensure that the realization of the Company’s strategy has Business Units and Enablers that occurred in the 2023 period.
been running in accordance with the targets and milestones that The results of the evaluation were then submitted and discussed
have been set. The results of the Long-Term Plan evaluation in the BRI Board of Directors meeting.
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Dividend
Dividend Policy
The dividend distribution policy has been regulated internally Based on the Annual General Meeting of Shareholders (AGMS)
in SE.70.a–DIR/CMG/12/2022 Book 6 concerning Dividend held on March 1, 2024, BRI distributed dividends amounting
Management. The policy regulates several principles related to IDR48.10 trillion or 80.04% of the 2023 financial year profit
to dividends, including dividend management aims to optimize attributable to owners of BRI’s parent entity of IDR60.09 trillion.
capital and increase shareholder value, dividend distribution The amount of cash dividends per share was IDR319.00 and
that takes into account the Company’s historical performance was paid on March 28, 2024 to shareholders whose names were
as well as future business and economic potential, the amount registered in the Company’s shareholder register (recording
of the dividend ratio determined based on the reasonableness date) on March 15, 2024 and was paid within 30 days from the
of the profitability performance of business activities and announcement date of March 1, 2024.
contributions to shareholders, the mechanism for approving
dividend distribution through the GMS and fulfilling regulatory Based on the Annual General Meeting of Shareholders (AGMS)
requirements, as well as technical provisions related to dividend held on March 13, 2023, BRI distributed dividends amounting
distribution in more detail. to IDR43.49 trillion or 85% of the 2022 financial year profit
attributable to owners of BRI’s parent entity of IDR51.17 trillion.
BRI’s dividend policy can be reviewed by the Board of Directors The total cash dividends per share was IDR288.22 and was paid
without prejudice to the rights of the Company’s GMS to on April 12, 2023 to shareholders whose names were registered
determine otherwise in accordance with the provisions of the in the Company’s shareholder register (recording date) on March
Company’s Articles of Association and applicable laws and 27, 2023 and was paid within 30 days from the announcement
regulations in the Banking sector. The Company did not have date of March 13, 2023.
negative covenants regarding restrictions on third parties in the
distribution of dividend. The financial performance for the 2024 financial year will be
decided at the 2025 AGMS.
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 2023 Fiscal Year 2022 Fiscal Year 2021 Fiscal Year
Profit (IDR billion) 60,099.86 51,170.31 31,066.59
Cash Dividend (IDR billion) 48,102.28 43,494.76 26,406.60
Non-Cash Dividend*) - - -
Cash Dividend Per Share (IDR) 319.00 288.22 174.25
Non-Cash Dividend Per Share*) - - -
80.04% of 2023 85% of 2022 attribution 85% of 2021 attribution
Dividend Pay Out Ratio (%)
attribution profit profit profit
Announcement Date (AGMS) 1 March 2024 13 March 2023 1 March 2022
Cash Dividend Payment Date 28 March 2024 12 April 2023 1 April 2022
Non-Cash Dividend Payment Date*) - - -
Note: Bank BRI did not have non-cash dividends
PT Bank Rakyat Indonesia (Persero) Tbk 399
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Management Discussion and Analysis
on Bank Performance
Historically, the details of dividend payments for the fiscal year 2003-2023 are described as follows.
Table of Dividends Announcement and Payment History
Cum Dividend
Cum Dividend
Description Announcement Date (Regular and Recording Date
(Cash Market)
Negotiation Market)
2023 Final March 1, 2024 March 13, 2024 March 15, 2024 March 15, 2024
2023 Interim December 19, 2023 December 29, 2023 Januari 3, 2024 Januari 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.
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 III 2024
The proceeds from the Public Offering of Bank BRI Phase III Sustainable Environmentally-Friendly Bonds I in 2024 have been used in full
and have been reported to the Financial Services Authority (OJK).
400 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Dividend Payout Ratio Dividends Paid Dividend Per Share
Payment Date
(%) (IDR billion) (IDR)
March 28, 2024 80.04 35.435.85 235.00
January 18, 2024 - 12,666.43 84.00
April 12, 2023 85.00 34,981.34 231.22
January 27, 2023 - 8,602.82 57.00
April 1, 2022 85.00 26,406.60 174.25
April 28, 2021 65.00 12,125.59 96.49
March 18, 2020 60.00 20,623.56 164.10
June 13, 2019 50.00 16,175.57 128.95
April 25, 2018 45.00 13,.048.44 104.14
April 13, 2017 40.00 10,478.31 83.63
April 22, 2016 30.00 7,619.32 60.81
April 22, 2015 30.00 7,272.49 57.52
May 14, 2014 30.00 6,348.05 50.21
April 15, 2013 30.00 5,556.28 43.95
May 15, 2012 20.00 3,016.59 23.86
June 15, 2011 20.00 2,294.48 13.67
December 30, 2010 - 566.53 4.48
July 15, 2010 30.00 2,192.49 12.89
December 16, 2009 - 563.94 4.46
July 3, 2009 35.00 2,085.43 16.50
July 7, 2008 50.00 2,419,00 19.15
July 2, 2007 50.00 2,128.79 16.88
July 10, 2006 50.00 1,904.29 15.24
July 5, 2005 50.00 1,816.61 14.92
July 23, 2004 75.00 990.47 8.21
PT Bank Rakyat Indonesia (Persero) Tbk 401
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Management Discussion and Analysis
on Bank Performance
Table of Fund Use Realization Report for Public Offering of Sustainable Environmentally Friendly Bonds I Bank BRI Phase III 2024
Realized Value of Public Offering Results
No Description Effective Date
Amount of Public
Net Proceeds
Offering Proceeds Cost (in IDR)
(in IDR)
(in IDR)
1 2 3 4 5 6
1 Public Offering of Bonds 12/07/2022 2,500,000,000,000 4,806,574,999 2,495,193,425,001
Total 2,500,000,000,000 4,806,574,999 2,495,193,425,001
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, 2024 and 2023 are presented as follows
Table of Securities Investment Details
(In Million Rupiah)
Description 2024 2023
Fair value through profit or loss 23,418,752 22,393,171
Fair value through other comprehensive income 167,876,286 163,339,165
Amortized cost 135,240,662 145,358,968
Total Securities 326,535,700 331,091,304
In addition to investing in securities, BRI has invested in the form In term of capital participation, BRI has obtained the necessary
of equity participation in PT Kliring Penjaminan Efek Indonesia approvals and/or permits and has fulfilled the requirements for
(KPEI). To support the initiative to develop a Central Counterparty capital participation in accordance with applicable provisions,
for Over-The-Counter Interest Rate and Exchange Rate Derivative including but not limited to BRI’s internal approval and approval
Transactions (CCP-SBNT) which is part of the implementation of from the relevant authorities/regulators. The transaction does
the P2SK Law and PBI 6/2024, BRI has made a capital deposit not have a material negative impact on BRI’s operational
equivalent to 1.11% of ownership in KPEI or 2,500 (two thousand activities, laws, financial conditions or business continuity.
five hundred) shares to KPEI, as the executor of the CCP-SBNT
function in Indonesia. Thus, KPEI becomes an Affiliated Company Expansion
of BRI. Deposits were also made by Bank Indonesia together
with 7 (seven) other Commercial Banks. The capital deposit was BRI did not carry out expansion activities throughout 2024.
effective on September 26, 2024 with a transaction value of
IDR20 billion as per the Approval of Amendments to the Articles
of Association by the Minister of Law and Human Rights in letter
Number AHU-0061216.AH.01.02 of 2024.
402 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Planned Use of Funds According to Additional Planned Use of Funds According to Additional Remaining Funds from
Information Information Public Offering
Loan Distribution Total Loan Distribution
Total (in IDR) (in IDR)
(in IDR) (in IDR) (in IDR)
7 8 9 10 11
2,495,193,425,001 2,495,193,425,0010 2,495,193,425,001 2,495,193,425,001 0
2,495,193,425,001 2,495,193,425,0010 2,495,193,425,001 2,495,193,425,001 0
Business Merger/Consolution (2) Transactions in the form of acquisitions and disposals
of companies or operating segments are categorized as
BRI did not carry out business merger/consolidation activities Material Transactions in terms of:
throughout 2024. a. The transaction value is equal to 20% (twenty percent)
or more of the equity of the Public Company;
Divestment b. The total assets that are the object of the transaction
divided by the total assets of the Public Company are
BRI did not carry out divestment activities throughout 2024. equal to or more than 20% (twenty percent);
c. The net profit of the object of the transaction is divided
Acquisition by the net profit of the Public Company whose value is
equal to or more than 20% (twenty percent); or
BRI did not carry out acquisition activities throughout 2024. d. The operating income of the object of the transaction is
divided by the operating income of the Public Company
Debt and Capital Restructuring whose value is equal to or more than 20% (twenty percent).
(3) In the event that the transactions as referred to in (1) and (2)
BRI did not carry out debt and capital restructuring activities are conducted by a Public Company that has negative equity,
throughout 2024. the transaction is categorized as a Material Transaction if the
transaction value is equal to 10% (ten percent) or more of
the total assets of the Public Company.
Material Transaction Information
Containing Conflict of Interest and/or Conflict of Interest Transactions
Transactions with Affiliated Parties
In accordance with the Financial Services Authority Regulation
Material Transaction is any transaction carried out by a Public (POJK) Number 42/POJK.04/2020 concerning Affiliated
Company or Controlled Company that meets the value limits as Transactions and Transactions with Conflict of Interest (POJK
stipulated in the Financial Services Authority Regulation (POJK) 42/2020), what is meant by Conflict of Interest is the difference
Number 17/POJK.04/2020 Concerning Material Transactions and between the economic interests of a public company and the
Changes in Business Activities personal economic interests of members of the Board of Directors,
members of the Board of Commissioners, major shareholders,
Scope of Transaction: or controllers that can be detrimental to the public companies.
Public Listed Company conducting Material Transaction in: Therefore, Conflict of Interest is a condition/situation in which
a. 1 (one) transaction; or a person due to his/her position, title or authority at BRI has a
b. A series of transactions for a specific purpose or activity must personal interest that can affect the quality and performance of
comply with the provisions as stipulated in POJK Number 17/ the objectively mandated tasks.
POJK.04/2020
BRI has a conflict of interest policy contained in Bank BRI has a
Value Limitation conflict of interest policy contained in the Circular Letter of the
(1) A transaction is categorized as a Material Transaction if the Board of Directors Number SE.09-DIR/ KEP/03/2023 dated March
transaction value is equal to 20% (twenty percent) or more 15, 2023 concerning Corporate Governance (Book 1 related to
of the equity of the Public Company Handling Conflict of Interest). Handling conflict of interest is
PT Bank Rakyat Indonesia (Persero) Tbk 403
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Management Discussion and Analysis
on Bank Performance
basically done through the improvement of values, systems, 5. Relationships between 2 (two) Companies that are controlled,
personal and culture. The basic principles of handling conflict of either directly or indirectly, by the same party; or
interest include: 6. Relationships between the Company and the major
1. Maintaining integrity, prioritizing interests of the public Shareholders.
and the Company and is committed to handling conflicts of
interest. Affiliated Transactions are any activities and/or transactions
2. Creating transparency in the handling and supervision of carried out by a Public Company or Controlled Company with
conflict of interest. an Affiliate of a Public Company or an Affiliate of a member of
3. Encouraging personal responsibility and exemplary behavior. the Board of Directors, member of the Board of Commissioners,
4. Creating and fostering an organizational culture capable of Major Shareholder, or Controller, including any activity and/
handling conflict of interest. or transaction carried out by a Public Company or Controlled
Company for the benefit of an Affiliate of the Public Company
Until the end of 2024, BRI has no material transactions that or an Affiliate of a member of the Board of Directors, member of
contain Conflict of Interest. the Board of Commissioners, Major Shareholders, or Controllers.
Affiliate Transaction Affiliated Transactions carried out in 2024 with the following
explanation:
Based on POJK 42/POJK.94/2020 dated July 2, 2020 concerning
Affiliated Transactions and Conflict of Interest (POJK42/2020), Disclosure of Affiliate Transaction Information
Affiliates are:
1. Family relationships due to marriage and descent to the There is no Information Disclosure regarding Affiliated
second degree, both horizontally and vertically; Transactions that fulfill Article 4 POJK 42/2020 during 2024.
2. Relationships between parties with Employees, Directors, or
Commissioners of the party; Report of Information or Material Facts for
3. Relationships between 2 (two) Companies where there are 1 Additional Capital to Subsidiaries
(one) or more members of the same Board of Directors or
Board of Commissioners; In 2024, there was no additional capital to the Subsidiary included
4. Relationships between the Company and parties, either in Article 6 POJK 42/2020. However, there was additional capital
directly or indirectly, controlling or being controlled by the to the Subsidiary by other Shareholders, resulting in changes in
Company; BRI’s share ownership of the Subsidiary as follows:
Table Report of Information or Material Facts of Additional Capital to Subsidiaries
No Transaction Date Transaction Types Related Parties Relationship Type
Changes in Shareholding
1 March 1, 2024 PT Asuransi BRI Life BRI is the Controlling Shareholder
Structure
Affiliate Transaction Report
The Company has submitted Affiliated Transaction Reports that fulfill Article 6 POJK 42/2020 to the Financial Services Authority, among
others:
Table of Affiliated Transaction Reports
No Transaction Date Transaction Types Related Parties Relationship Type
1 February 2, 2024 Human resources synergy in relation to 1. BRI Workers Welfare Foundation BRI, either directly or indirectly,
the implementation of career mobility 2. BRI Pension Fund control
404 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
No Transaction Date Transaction Types Related Parties Relationship Type
2 March 18, 2024 Cooperation in the Development of 1. PT Bank Mandiri (Persero) Tbk The Republic of Indonesia is the
Central Counterparty for Over-the 2. PT Bank Negara Indonesia controlling shareholder
Counter Interest Rate and Exchange Rate (Persero) Tbk
Derivative Transactions (CCP SBNT)
3 April 4, 2024 Synergy of human resources in 1. PT Pegadaian BRI is the Controlling Shareholder
connection with the implementation of 2. PT Permodalan Nasional Madani
career mobility within the scope of BRI 3. PT BRI Manajemen Investasi
Group 4. BRI Global Financial Services
Company Limited
4 June 6, 2024 BRI Group Call Forwarding Service 1. PT BRI Multifinance Indonesia BRI is the Controlling Shareholder
Integration Cooperation. 2. PT BRI Ventura Investama
3. PT BRI Danareksa Sekuritas
4. PT Permodalan Nasional Madani
5. PT Bank Raya Indonesia Tbk
6. PT Pegadaian
7. PT BRI Life Insurance
5 August 28, 2024 Heads of Agreement for Optimization of Asset Owners of SOEs The Republic of Indonesia is the
Asset Management Controlling Shareholder
Affiliate Transactions as Business Activities Conducted in the Framework of Generating Business
Income and Executed Routinely, Repeatedly, and/or Continuously
In accordance with Article 8 and Article 9 of POJK 42/2020, there are Affiliated Transactions which are business activities carried out
in order to generate business income and run regularly, repeatedly, and / or continuously. The Company has collected data on these
transactions and recorded in the Notes to the Financial Statements. Some of them are as follows:
Table of Affiliate Transactions which is a Business Activity Carried Out in Order to Generate Business Income and Carried Out
Routinely, Repeatedly, and/or Continuously.
Transaction Transaction
No Transaction Types Related Parties Relationship Type
Date Value
Issuance Management Services and
BRI is the Controlling
1 January 31, 2024 Supporting Professional Institutions for the PT BRI Danareksa Sekuritas 120,000,000
Shareholder
Issuance of Securities
BRI is the Controlling 10,905,652
2 March, 2024 Custodian Services PT BRI Ventura Investama
Shareholder
BRI is the Controlling
3 April, 2024 Custodian Services PT Pegadaian 50,741,803
Shareholder
Research Consultant Services for Business
BRI is the Controlling
4 July 10, 2024 Potential Assessment and Feasibility Study PT BRI Danareksa Sekuritas 810,000,000
Shareholder
Preparation
Issuance Management Services and
BRI is the Controlling
5 November 19, 2024 Supporting Professional Institutions for the PT BRI Danareksa Sekuritas 120,000,000
Shareholder
Issuance of Securities
Concurrent
PT Tower Bersama 1,000,000,000,000
6 December 19, 2024 Credit Facility Position of Board of
Infrastructure Tbk (maksimum)
Commissioners
Fairness of Transactions Fulfillment of Related Rules and Conditions
Transactions with affiliated parties were conducted in In line with OJK Regulation No.12/POJK.03/2021 dated July
accordance with generally accepted business practices, including 30, 2021 concerning Commercial Banks and Regulation of the
by complying with the arm’s length principle. Minister of SOEs No.PER-2/MBU/03/2023 concerning Guidelines
for Governance and Significant Corporate Activities of SOEs,
affiliated transactions between the Company and its Subsidiaries
are synergies between banking business groups in the context of
PT Bank Rakyat Indonesia (Persero) Tbk 405
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Management Discussion and Analysis
on Bank Performance
optimizing resources, supporting the implementation of business Related Parties Transaction
activities and providing added value to the BRI Group. Meanwhile,
affiliated transactions with other affiliated parties are carried BRI and its subsidiaries had transactions with related parties as
out in the context of mutually beneficial business synergies, defined in PSAK Number 7 concerning “Related Party Disclosures”.
efficiency / optimization in operational activities and providing A party is considered related to BRI and its subsidiaries if:
added value for each party. 1. Directly or indirectly through one or more intermediaries,
a party (i) controls, or is controlled by, or is under common
Statement of the Board of Directors Regarding control with, BRI and its subsidiaries; (ii) has an interest in BRI
Affiliate Transactions and the Role of the and its subsidiaries that exerts significant influence over BRI
Board of Commissioners and Audit Committee and its subsidiaries; or (iii) has joint control over BRI and its
Regarding Affiliate Transactions subsidiaries;
2. A party related to BRI and its subsidiaries;
In this regard, the Board of Directors states that the affiliate 3. A party having a joint venture in which BRI and its subsidiaries
transactions have gone through adequate procedures, are conducted are venturers;
in accordance with prevailing business practices, and comply with 4. A party is a member of the key management personnel of BRI
the arm’s length principle and applicable laws and regulations. As an and its subsidiaries or parent;
effort to ensure that the transactions are conducted for the benefit 5. A party is a close family member of an individual described in
of the Company and to prevent potential conflicts of interest that point (1) or (4);
may arise from the affiliate transaction plans, the Risk Management 6. A party is a controlled entity that is jointly controlled or
Monitoring Committee (KPMR) is authorized to review and provide significantly influenced by or for which significant voting
recommendations to the Board of Commissioners regarding any rights in several entities, directly or indirectly, an individual
potential conflicts of interest. These affiliate transactions do not as described in point (4) or (5); and
require approval from Independent Shareholders. 7. A party is a post-employment benefit plan for employee
benefits from BRI and its subsidiaries or entities related to
All affiliate transactions have been reported to OJK in accordance BRI and its subsidiaries.
with POJK 42/2020. Furthermore, in addition to the transactions
above, there are other Affiliate Transactions which are disclosed
in the Related Party Transactions section.
Name of the Transacting Parties and Nature of Relations
The balances and transactions with related parties are as follows:
Table of Transaction with 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
Public Corporation BULOG Outstanding irrevocable Letters of Credit (L/C) for imports, and 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 Semen Indonesia (Persero) Tbk Export bills and other receivables
PT Sinergi Gula Nusantara Export bills and other receivables
PT Timah Tbk Export bills and other receivables
PT Bukit Asam Tbk Export bills and other receivables
PT Sumber Segara Primadaya Loans granted
PT GCL Indo Tenaga Loans granted
PT Bosowa Energi Loans granted
406 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Related Parties Elements of Related Party Transactions
PT Sumbagselenergi Sakti Prima Loans granted, Issued guarantees
PT Wijaya Karya Realty (Persero) Other assets
PT Bank Mandiri (Persero) Tbk Securities, Current accounts with other banks, Placements with Bank Indonesia
Current accounts with other banks, placements with Bank Indonesia and other financial institutions,
PT Bank Negara Indonesia
Loans received
PT Petrokimia Gresik Export bills and other receivables
PT Perusahaan Listrik Negara (Persero) Securities, Loans granted
PT Bahana Artha Ventura Equity participation
Equity participation, Current accounts with other banks, placements with Bank Indonesia and other
PT Bank Syariah Indonesia Tbk
financial institutions, Loans received
Current accounts with other banks, placements with Bank Indonesia and other financial institutions,
PT Bank Tabungan Negara (Persero) Tbk
Loans received
PT Perusahaan Gas Negara Issued guarantees
PT Pertamina Hulu Energi Loans granted
PT Kereta Api Indonesia (Persero) Loans granted, outstanding irrevocable Letters of Credit (L/C) for imports
Issued guarantees, Acceptance of receivables and liabilities, Outstanding irrevocable Letters of Credit
PT Pembangunan Perumahan (Persero) Tbk
(L/C) for imports, Export bills and other receivables
PT Adhi Karya (Persero) Tbk Issued guarantees, Acceptance of receivables and liabilities
PT Indonesia Asahan Aluminium (Persero) Securities, outstanding irrevocable Letters of Credit (L/C) for imports
Pusat Investasi Pemerintah Loans received
PT Pertamina Hulu Rokan Issued guarantees
PT PP Presisi Tbk Export bills and other receivables, Acceptance of receivables and liabilities
PT Waskita Karya (Persero) Tbk Loans granted
PT Wijaya Karya (Persero) Tbk Issued guarantees
PT Wijaya Karya Bangunan Gedung Tbk Acceptance of receivables and liabilities
PT Fintek Karya Nusantara Equity participation
PT Petrokimia Kayaku Acceptance of receivables and liabilities
PT Sarana Multigriya Finansial (Persero) Securities, Loans received
Yayasan Kesejahteraan Pekerja BRI THT Program
Dana Pensiun BRI Employee benefits pension program
Dana Pensiun Pegadaian Employee benefits pension program
Dana Pensiun Lembaga Keuangan BRI Defined contribution pension program
Dana Pensiun Lembaga Keuangan BNI Defined contribution pension program
PT Bank Hibank Indonesia Current accounts with other banks, Loans received
PT Bhirawa Steel Export bills and other receivables, outstanding irrevocable Letters of Credit (L/C) for imports
PT Kereta Commuter Indonesia outstanding irrevocable Letters of Credit (L/C) for imports
PT Pupuk Kalimantan Timur outstanding irrevocable Letters of Credit (L/C) for imports
PT Pupuk Kujang Cikampek outstanding irrevocable Letters of Credit (L/C) for imports
PT Prima Armada Raya Financing receivables
PT Kilang Pertamina Balikpapan outstanding irrevocable Letters of Credit (L/C) for imports
Pertamina International Marketing &
Issued guarantees
Distribution Pte Ltd (PIMD)
PT Pertamina Patra Niaga Loans granted, Issued guarantees, Export bills and other receivables
PT Pertamina Malaysia EP Issued guarantees
PT PG Rajawali I Export bills and other receivables
PT KSO HK GSB Export bills and other receivables
PT Bank Rakyat Indonesia (Persero) Tbk 407
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Management Discussion and Analysis
on Bank Performance
Related Parties Elements of Related Party Transactions
PT Pelindo Terminal Petikemas outstanding irrevocable Letters of Credit (L/C) for imports
PT Pertamina Drilling Services Indonesia outstanding irrevocable Letters of Credit (L/C) for imports
RELATIONSHIP OF COMPANY ACTIVITY CONTROL
Key Management Loans granted, Employee benefits pension program, customer savings
MAJORITY OWNERSHIP THROUGH THE MINISTRY OF FINANCE OF THE REPUBLIC OF INDONESIA
Majority Ownership through the Ministry of
Securities
Finance of the Republic of Indonesia
OWNERSHIP RELATIONSHIP THROUGH THE CENTRAL GOVERNMENT OF INDONESIA
Public Corporation BULOG outstanding irrevocable Letters of Credit (L/C) for imports, Loans granted
PT Sarana Multi Infrastruktur (Persero) Securities
PT Perkebunan Nusantara IV (Persero) Loans granted
PT INKA Multi Solusi Acceptance of receivables and liabilities
Fairness and Reasons for the Transaction
In the normal course of business, BRI conducted transactions with related parties were conducted fairly in accordance with
with related parties due to ownership and/or management the interests of the Company (arm’s length transaction). The
relationships. Related party transactions occurred due to BRI’s transactions were carried out following the laws and regulations
business needs. All transactions with related parties became and were free from conflicts of interest.
subject to mutually agreed policies and terms. Transactions
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 Rupiah)
Description 2024 2023
ASSET
Current accounts with other banks 504,737 448,259
Placements with Bank Indonesia and other financial institutions 5,193,730 2,927,441
Securities 239,144,169 246,894,741
Export bills and other bills 3,863,027 5,039,044
Securities purchased under resale agreements 963,042
Loan granted 89,123,052 84,903,144
Receivables Lease Financing 42,192 30,351
Acceptance Receivables and Liabilities 2,055,642 1,213,562
Share Investment 7,116,383 6,312,323
Other Assets 707,466 707,466
Total assets of related parties 348,713,440 348,476,331
Total consolidated assets 1,992,983,447 1,965,007,030
Percentage of total assets of related parties to total consolidated assets 17,50% 17,73%
408 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Description 2024 2023
LIABILITIY
Current account 138,110,382 182,324,971
Savings 284,856 449,521
Time Deposit 118,664,697 22,813,819
Deposit from other banks and other financial institution 1,156,791 462,943
Securities sold under agreements to repurchase 4,613
Securities Issued 4,607,502 6,657,214
Loan Accepted 36,666,287 26,102,658
Subordinated loans 229,118 231,563
Compensation to key employee management 1,650,635 1,616,737
Total liabilities to related parties 301,374,882 240,659,428
Total consolidated liabilities 1,669,794,400 1,648,534,888
Percentage of total liabilities to related parties to total consolidated
18,05% 14,60%
liabilities
COMMITMENTS AND CONTINGENCIES ON ADMINISTRATIVE ACCOUNTS
Issued warranty 33,045,309 27,751,964
Irrevocable L/C that is in progress for import 8,147,245 8,219,340
Defined Benefit Pension Plan Contributions 1,108,047 1,420,274
Old Age Benefit Program Contributions 175,057 136,643
Defined Contribution Pension Plan Contributions 564,087 468,697
Total 1,108,047 1,420,274
SALARIES AND ALLOWANCES OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Salaries and allowances of the Board of Directors 223,075 195,671
Salaries and allowances of the Board of Commissioners 87,700 83,417
Total 310,775 279,008
TANTIEM, BONUSES AND INCENTIVES FOR THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Tantiem for the Board of Directors 648,099 404,423
Tantiem for the Board of Commissioners 259,841 159,244
Key employee bonuses and incentives 228,670 187,258
Total 1,136,610 750,925
PT Bank Rakyat Indonesia (Persero) Tbk 409
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Management Discussion and Analysis
on Bank Performance
Table of Percentage of Transactions with Related Parties to Total Consolidated Assets and Liabilities of BRI and Subsidiaries
(In %)
Description 2024 2023
ASSET
Current accounts with other banks 0.025 0.023
Placements with Bank Indonesia and other financial institutions 0.261 0.149
Securities 11.999 12.565
Export bills and other bills 0.194 0.256
Securities purchased under resale agreements 0.048 -
Loan granted 4.472 4.321
Receivables Lease Financing 0.002 0.002
Acceptance Bill 0.103 0.062
Share Investment 0.357 0.321
Other assets 0.035 0.036
Total 17.496 17.735
LIABILITY
Current account 8.271 10.609
Savings 0.017 0.027
Time deposit 7.107 9.481
Deposit from other banks and other financial institution 0.069 0.028
Securities sold under agreements to repurchase 0 0
Securities issued 0.276 0.404
Pinjaman yang diterima 2.196 1.583
Subordinated Loans and Marketable Securities 0.014 0.014
Compensation to key employee management 0.099 0.098
Total 18.049 22.244
Disclosure References In Financial Statements of Interest Transactions (POJK 42/2020), at the time these
transactions were executed. All material transactions and
Details of related party transaction realizations (values) are balances with related parties are disclosed in the relevant notes
presented in Note 44 of the attached Financial Statements in to the consolidated financial statements, and the details are
this Annual Report. These related party transactions are business presented in Note 44 of the consolidated financial statements.
activities conducted to generate operating income and are
carried out on a routine, repetitive, and/or continuous basis. Statement of the Board of Directors Regarding
Related Transactions and the Role of The Board
Fulfillment of Related Rules And Conditions of Commissioners and Audit Committee
Transactions with affiliates and/or related parties are conducted Each transaction with affiliates and/or related parties must go
under the same terms and conditions as transactions with through a review mechanism in accordance with the procedures
third parties. The transactions undertaken by the Bank comply established by the Company. All significant transactions and
with the Financial Services Authority Regulation Number 42/ balances with related parties are conducted under normal and
POJK.04/2020 concerning Affiliate Transactions and Conflicts reasonable terms.
410 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
In this regard, the Board of Directors states that affiliate and/or of interest that may arise from affiliate and/or related party
related party transactions have undergone adequate procedures, transaction plans, the Risk Management Monitoring Committee
are carried out in accordance with prevailing business practices, (KPMR), in line with its duties and responsibilities, is authorized
and comply with the arm’s length principle and applicable laws to review and provide recommendations to the Board of
and regulations. Commissioners regarding potential conflicts of interest. These
affiliates and/or related party transactions do not require
As an effort to ensure that transactions are conducted in the approval from the Independent Shareholders.
interest of the Company and to prevent potential conflicts
Changes in Law and Their Impact on Bank
Table of Changes in Legislation in 2024
Impacts on
No Regulation Description Information on Adjustments Made Financial
Statements
1 Law Number 4 of The development of superior human resources is a. Bank had to pay attention to the fulfillment of provisions Has no
2024 concerning largely determined by the fulfillment of the basic on maternity leave and rest time. impact
the Welfare of rights and needs of mothers and children. This b. Bank had to pay attention to the fulfillment of provisions on the
Mothers and legislation regulates the welfare of mothers and on wages for workers who take maternity leave. composition
Children in the children in the first thousand days of life. The main c. Bank had to pay attention to the fulfillment of provisions of the
First Thousand provisions in this law are as follows: on leave rights for husbands. Financial
Days of Life. a. The company is obliged to provide maternity d. Bank had to provide convenience in the use of facilities, Statements.
leave to workers. decent accommodation, facilities, and infrastructure
b. The company is prohibited to dismiss workers for mothers and children, at least including support
who take their right to maternity leave. for facilities, decent accommodation, facilities, and
c. Wage provisions for workers who take maternity infrastructure in the workplace.
leave.
d. Husband’s right to take leave to accompany his
wife.
e. The company is obliged to provide convenience
in the use of facilities, decent accommodation,
facilities, and infrastructure at the workplace.
2 Bank Indonesia The application of Competency Standardization a. Banks that organize payment system activities were Has no
Regulation (PBI) in the Payment System Sector (SK SP) aims to required to ensure that the human resources carrying impact
Number 5 of realize a fast, easy, cheap, safe, and reliable out payment system activities have a PBK certificate of on the
2024 concerning payment system, as well as the availability of payment system. composition
Competency quality and reliable rupiah currency throughout b. Bank was required to ensure that ownership of the of the
Standardization the Republic of Indonesia. The main provisions in Payment System PBK certificate and/or payment Financial
in the Payment this regulation are as follows: system competency certificate must be fulfilled no later Statements.
System Sector a. Certificate and/or Payment System than 6 (six) months from the effective date of taking up
(PBI SK SP) Competency Certification must be fulfilled no the position.
later than 6 (six) months from the effective c. Bank was required to ensure the implementation of
date of taking up the position. payment system competency maintenance for all
b. Maintenance of payment system competency HR who have a payment system PBK certificate and/
for PBK Payment System is carried out through or payment system competency certificate. The
training or workshops organized by LPK maintenance must be carried out at least 1 (one) time
Payment System. in a period of 3 (three) years.
c. Maintenance of payment system competency d. Bank had to fulfill the requirements in accordance with
for payment system competency certification Article 16 and 17 of PBI No. 5 of 2024 regarding the
is carried out through competency certification establishment of a Payment System LPK.
tests organized by the Payment System LSP. e. Bank was required to provide sufficient funds for the
d. Bank Indonesia imposes administrative development and strengthening of HR competencies.
sanctions on SK SP actors, Payment System The amount of funds provided was determined by BRI
LPKs, and Payment System LSPs who violate in accordance with the assessment of funding needs to
the provisions regarding SP SKs. meet the provisions of the SK SP.
f. Bank had to pay attention to the criteria, requirements
and provisions in establishing the Payment System LSP.
PT Bank Rakyat Indonesia (Persero) Tbk 411
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Management Discussion and Analysis
on Bank Performance
Impacts on
No Regulation Description Information on Adjustments Made Financial
Statements
3 OJK Regulation This regulation is a refinement of the previous OJK a. Bank had to adjust the implementation of BRI’s SAF by Has no
Number Regulation which regulates the Implementation referring to the Guidelines for Implementing Anti-Fraud impact
12 of 2024 of Anti-Fraud Strategy for Commercial Banks. The Strategies for Financial Services Institutions as stated in on the
concerning the main provisions in this regulation are as follows: Attachment I of OJK Regulation Number 12 of 2024. composition
Implementation a. Types of acts that are classified as fraud. b. Bank was required to ensure that the implementation of the
of Anti-Fraud b. The scope of parties involved includes Financial of BRI’s SAF covers at least the aspects that must be Financial
Strategies Services Institutions (LJK) and controlled considered in preparing and implementing an effective Statements.
for Financial organizations, consumers and other parties who Anti-Fraud Strategy as regulated in OJK Regulation
Services cooperate with LJK (including the private sector) Number 12 of 2024.
Institutions c. The obligation of LJK to prepare and implement c. BRI was required to ensure that the implementation
(POJK SAF LJK). anti-fraud strategies. of risk management at BRI was in accordance with the
d. Preparation and implementation of anti-fraud Financial Services Authority regulations regarding the
strategies. implementation of risk management applicable to BRI.
e. The obligation to implement a fraud d. Bank had to conduct education, competency
detection system is accompanied by increased development, and/or socialization of anti-fraud policies
understanding of related internal and external to internal and external parties at least once a year.
parties, and is supported by the implementation e. Bank had to ensure that they have a business unit or
of adequate risk management function tasked with handling the implementation of the
f. The obligation of LJK to have a business Anti-Fraud Strategy.
unit or function that is tasked with handling f. Bank had to ensure that the head of the business unit
the implementation of anti-fraud strategies or the official in charge of the function in charge of
adjusted to the complexity of LJK’s business handling the implementation of anti-fraud strategies
activities. has a certificate of expertise in the field of anti-fraud,
g. The types and guidelines for filling out reports experience in the field of anti-fraud, and/or adequate
that must be submitted by LJK to OJK, namely experience in the related LJK field.
consisting of anti-fraud strategies, reports or g. BRI had to ensure that BRI’s anti-fraud strategy and
corrections to reports on the implementation of reports or corrections to reports on the implementation
anti-fraud strategies, reports of fraud incidents of BRI’s anti-fraud strategy had been submitted to OJK in
with significant impacts. accordance with the provisions.
4 OJK Regulation There is an additional scope of reporting and a. Bank had to adjust internal provisions regarding Debtor Has no
Number 11 of reported information, so it is necessary to make Reports to the OJK, which must include information as impact
2024 concerning adjustments to the Financial Services Authority regulated in OJK Regulation 11 of 2024 Article 4 and fulfill on the
the Second Regulation (POJK) Number 18/POJK.03/2017 their reporting to the OJK within the specified time limit. composition
Amendment to concerning Reporting and Requesting Debtor b. Bank had to make adjustments to the provision of data of the
OJK Regulation Information through the Financial Information to be reported to SLIK every month in accordance with Financial
Number 18/ Service System. The main provisions in this the information contained in OJK Regulation 11 of 2024 Statements.
POJK.03/2017 regulation are as follows: Article 4.
concerning a. Addition of parties required to be reporters. c. Bank had to ensure that in the event of a data request by a
Reporting b. Determination of the time to become reporters. Party, namely the reporter, debtor, LPIP and other parties,
and Requests c. Addition of information including debtor report. it is in accordance with the scope of debtor information
for Debtor d. Provisions on corrections to debtor reports. referring to OJK Regulation 11 of 2024 Article 14.
Information e. Criteria for prohibiting reporters from using d. In the event that BRI rejected the provision of Fund
Through the debtor information. Provision Facilities, risk insurance/management,
Financial guarantees, or LPBBTI to the Debtor or prospective Debtor
Information based on Debtor Information, BRI had to ensure that it
Services System fulfilled its obligation to provide a written explanation to
the Debtor or prospective Debtor (if there was a written
request from the Debtor).
5 OJK Regulation To support the application of Law Number 4 of 2023 a. BRI had to fulfill its obligation to publish Basic Interest Has no
Number 13 of concerning the Development and Strengthening of Rates of Credit (SBDK) to the public through BRI’s impact
2024 concerning the Financial Sector and to further strengthen the official website (bri.co.id), BRI Operational Business on the
Transparency transparency of conventional bank credit interest Units (banking hall areas that are easily seen by composition
and Publication rates (“Banks”), OJK needs to regulate new provisions customers) and digital channels and/or other electronic of the
of Basic Interest on Transparency and Publication of Basic Interest media. Financial
Rates of Credit Rates of Credit (SBDK) for Conventional Commercial b. Bank had to fulfill the obligation to prepare and report Statements.
(SBDK) for Banks. The main provisions in this regulation are as details of SBDK submitted to OJK on a monthly basis
Conventional follows: with a deadline no later than the 7th of the following
Commercial a. Obligation to implement SBDK publication and month.
Banks. reporting of SBDK details. c. Bank was obliged to maintain the SBDK Publication
b. Addition of new provisions regarding SBDK Report announcement on the BRI website (bri.co.id) for
Publication and SBDK Detail Reporting consisting at least the last 5 (five) years.
of additional credit segments. d. In determining the preparation of BRI’s SBDK, bank
c. Obligation to maintain the announcement of the must consider the reference interest rates from the
SBDK Publication Report on the Bank’s website. competent authorities, including the Bank Indonesia
d. Addition of channels or media used for SBDK Reference Interest Rate (BI-Rate) and the Guaranteed
publication. Interest Rate from LPS.
e. Deadline for reporting SBDK details to OJK. e. Bank had to pay attention to the fulfillment of the
f. Obligation to maintain the announcement of the Board of Directors’ responsibilities regarding the
SBDK Publication Report. completeness and accuracy of the contents of the SBDK
g. Responsibility of the Board of Directors and Board including the calculation components and reports, as
of Commissioners well as the responsibility of the Board of Commissioners
h. Sanctions for violations. in supervising the implementation of the Board of
i. Notification of changes in interest rates to Directors’ duties.
customers.
412 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Impacts on
No Regulation Description Information on Adjustments Made Financial
Statements
6 OJK Regulation The integrity of financial information and financial a. Bank had to prepare internal control policies and Has no
Number 15 of reports is one of the main things that must procedures at BRI to ensure truth, accuracy, transparency, impact
2024 concerning be believed in order to maintain the trust of efficiency, effectiveness and compliance in the financial on the
the Integrity of regulators and the public in the banking industry reporting process. composition
Bank Financial and to support decision-making by market players b. In preparing Financial Reports, Bank had to comply with of the
Reporting. and the public. To achieve financial information financial accounting standards and ensure the truth, Financial
and financial reports with integrity, it is necessary accuracy and transparency of Financial Information and Statements.
to strengthen the implementation of governance Financial Reports.
and internal control in the bank’s financial c. Bank had to ensure that the Board of Directors, Board of
reporting process. The main provisions in this Commissioners, and Executive Officers at BRI do not take
regulation are as follows: actions that intentionally cause Financial Information
a. This OJK Regulation aims to prevent fraudulent and/or Financial Reports to be incorrect, manipulated,
practices and maintain the trust of the public/ not in accordance with standards, and/or not in
users of financial reports, accelerate the accordance with provisions.
detection and handling of banking problems d. Bank had to provide an information system that supports
by OJK, strengthen data input in the OJK BRI financial reporting in accordance with financial
supervision process; and strengthen sanctions accounting standards and OJK provisions.
in the event of fraud in the financial reporting e. Bank had to form special business units responsible for
process. preventing fraud or manipulation in financial information
b. This OJK Regulation applies to Commercial and/or financial reports.
Banks, Sharia Commercial Banks, Branch f. Bank had to submit internal control reports as part
Offices of Banks Domiciled Abroad, Bank of their financial publication reports and annual
Perekonomian Rakyat, and Bank Perekonomian financial performance information in accordance with
Rakyat Syariah. the Financial Services Authority Regulation regarding
c. The preparation, determination and application Transparency and Publication of Bank Reports.
of internal control policies and procedures in g. Bank had to ensure that the Board of Commissioners
the bank’s financial reporting process shall be supervised the implementation of internal control
carried out no later than 3 (three) months after policies and procedures in BRI’s financial reporting
the OJK Regulation is enacted. process and submitted the results of BRI’s Board
d. The formation of a special business unit or the of Commissioners’ supervision in the business plan
appointment of an executive officer responsible supervision report in accordance with the Financial
for preventing fraud or manipulation in financial Services Authority Regulation regarding bank business
information and/or bank financial reports must plans.
be implemented no later than 6 (six) months h. Bank had to monitor and evaluate the implementation of
after the OJK Regulation is enacted. internal control policies and procedures, as well as the
conformity of financial reports with standards.
i. Bank had to ensure that the Controlling Shareholder
does not take any intervention actions that could cause
misstatements in the Bank’s financial information or
financial reports and/or significant weaknesses in the
Bank’s financial reporting process.
j. In the event of significant weaknesses or conditions that
could endanger the continuity of the Bank’s business
in the financial reporting process, it was mandatory to
provide information to the Financial Services Authority
online or offline.
7 Government To provide easy access to financing, it is necessary a. Bank had to map debtor credit data at BRI to be used as a It impacts
Regulation (PP) to handle bad debts to micro, small, and medium basis for write-offs. the
Number 47 of enterprises through write-offs and write-offs as b. Bank had to ensure that debtor data meets the cumulative composition
2024 concerning well as conditional write-offs of state receivables criteria for debt write-off. of the
the Write-off of and absolute write-offs of state receivables. The c. Bank had to conduct analysis and studies on the Financial
Bad Debts for main provisions in this regulation are as follows: implementation of write-offs and credit write-offs by Statements,
Micro, Small, a. Enforcement of regulations on Banks and/or considering the breakdown of write-off budgets and specifically
and Medium Non-Bank financial institutions of BUMN and financial impacts (costs/losses) as supporting documents the potential
Enterprises. the Government. for the decision-making official. impact
b. Write-off Criteria. d. Bank had to accommodate the retention of write-off and/ on BRI’s
c. Credit Write-off Criteria. or write-off documents referring to PP 47 of 2024 Article 8 revenue
d. Directors cannot be held responsible for losses which stipulates that documentation and records are kept recovery.
incurred. for at least 10 (ten) years from the date the write-off and/or
e. Documentation and recording of write-offs and write-off is carried out.
write-offs e. Bank had to report Financial Information Services System
f. Updates on debtor or customer data granted (SLIK) to OJK with the scope of debtor data that had been
receivables write-off written off with paid status to support data updates.
g. Period of the provisions’ validity. f. Bank was required to prepare reports on the realization
of the implementation of bad debt write-offs and monitor
the implementation of write-offs in all BRI business units
in order to fulfill the obligation to submit credit write-off
reports to the Minister of SOEs.
PT Bank Rakyat Indonesia (Persero) Tbk 413
Page 416
Management Discussion and Analysis
on Bank Performance
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
Quantitative Impact
Explanation of
of Accounting
Reason for the Accounting Policy Consequences
No Accounting Policy Changes Policy Changes
Changes and Adjustments
on Financial
Made
Statements
1. Indonesian Financial Reporting Standards The renumbering of PSAK and ISAK in 2024 The Indonesian Bank BRI has updated
Framework (KSPKI) was caused by international accounting Financial Reporting its internal accounting
• Effective as of January 1, 2024. standards references for PSAK and ISAK that Standards policies under the
• KSPKI was issued to regulate the pillars of were indistinguishable. Therefore, this policy Framework (KSPKI) requirements set by the
financial accounting standards (SAK) used was enacted to differentiate PSAK and ISAK does not affect Indonesian Financial
for preparing general-purpose financial that refer to IFRS Accounting Standards and the substance Reporting Standards
statements, the criteria for each SAK, and those that do not, which include:
of regulations in Framework (KSPKI).
the requirements for entities transitioning • IFRS Standards issued by the International
PSAK and ISAK and
from one SAK pillar to another. Accounting Standards Board (IASB);
does not have a
• KSPKI includes the renaming and • IAS Standards issued by the International
material impact on
renumbering of Statements of Financial Accounting Standards Committee (IASC),
financial reporting
Accounting Standards (PSAK) and subsequently continued by IASB;
or disclosures in
Interpretations of Financial Accounting • IFRIC Interpretations issued by the IFRS
the consolidated
Standards (ISAK) within the Indonesian Interpretations Committee (IFRIC), which
financial
Financial Accounting Standards. succeeded and replaced SIC in 2001; and
statements.
• SIC Interpretations issued by the Standing
Interpretations Committee (SIC).
There is no
quantitative impact
on the financial
statements.
2. Amendment to PSAK Number 201, The accounting policy changes in 2024 The amendment to Bank BRI has updated
“Presentation of Financial Statements: are due to the implementation of the PSAK Number 201 its internal accounting
Non-Current Liabilities with Covenant”. Statements of Financial Accounting does not have a policies under the
• Effective as of January 1, 2024. Standards (PSAK) as an adoption of the material impact on requirements set by the
• This amendment is adopted from International Financial Reporting Standards financial reporting amendments.
the amendment to IAS Number 1, (IFRS), which have been ratified by the and disclosures in
“Presentation of Financial Statements: Financial Accounting Standards Board – the consolidated
Non-Current Liabilities with Covenants”. Indonesian Institute of Accountants (DSAK financial
• The amendment stipulates that only – IAI), effective from January 1, 2024. statements.
covenants that must be complied with by
an entity on or before the reporting date These changes are driven by the practice It has no
will affect the classification and disclosure of disclosing excessive accounting policy quantitative impact
of liabilities as either short-term or long- information in the notes to the financial on the financial
term. statements, which often appears formalistic statements.
and lacks substance. Additionally, there has
3. Amendment to PSAK Number 116, “Lease: been insufficient guidance on distinguishing The amendment to Bank BRI has updated
Lease Liability in a Sale and Leaseback”. between changes in accounting treatment PSAK Number 116 its internal accounting
• Effective as of January 1, 2024. as either changes in accounting estimates or does not have a policies under the
• This amendment is adopted from the accounting policies material impact on requirements set by the
amendment to IFRS Number 16, “Lease: financial reporting amendments.
Lease Liability in a Sale and Leaseback”. and disclosures in
• The amendment regulates the subsequent the consolidated
measurement of right-of-use assets and financial statements
lease liabilities arising from sale and
leaseback transactions. It has no
quantitative impact
on the financial
statements.
414 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
Quantitative Impact
Explanation of
of Accounting
Reason for the Accounting Policy Consequences
No Accounting Policy Changes Policy Changes
Changes and Adjustments
on Financial
Made
Statements
4. Amendment to PSAK Number 207, Amendments to Conducting updates
“Statement of Cash Flows”. PSAK No. 207 to Bank BRI’s internal
• Effective as of January 1, 2024. do not have a accounting policies in
• This amendment is adopted from the material impact on accordance with the
amendment to IAS Number 8, “Accounting financial reporting requirements provided
Policies, Changes in Accounting Estimates and disclosures in by the amendment.
and Errors: Definition of Accounting
the consolidated
Estimates”.
financial
• The amendment requires the provision
statements.
of information regarding historical
changes in an entity’s cash and cash
equivalents through a statement of cash Having ni
flows, classifying cash flows by operating, quantitative effect
investing, and financing activities over a on the financial
specific period. statements
5. Amendment to PSAK Number 107, The amendment to Bank BRI has updated
“Financial Instruments: Disclosures on PSAK Number 107 its internal accounting
Supplier Finance Arrangements”. does not have a policies under the
• Effective as of January 1, 2024. material impact on requirements set by the
• This amendment is adopted from the financial reporting amendments.
amendment to IFRS Number 7, “Financial and disclosures in
Instruments: Disclosures - Supplier Finance the consolidated
Arrangements”. financial
• The amendment elaborates on disclosures statements.
related to supplier finance arrangements.
It has no
quantitative impact
on the financial
statements.
6. 2024 Annual Adjustment to PSAK Number The amendment to Bank BRI has updated
407, “Ijarah Accounting”. PSAK Number 407 its internal accounting
• Effective as of January 1, 2024. does not have a policies under the
• This adjustment aligns and maintains material impact on requirements set
consistency in the regulations for revenue financial reporting by the 2024 annual
recognition and the presentation of ijarah and disclosures in adjustments.
services indirectly. the consolidated
financial
statements.
It has no
quantitative impact
on the financial
statements.
Bank Soundness Level
Bank Soundness Level is assessed based on Otoritas Jasa Assessment of the Soundness of Commercial Banks using a risk
Keuangan Regulation No. 4/POJK.03/2016 concerning approach (Risk-Based Bank Rating) is carried out with a scope of
Assessment of the Soundness of Commercial Banks using a evaluation of the following 4 (four) factors:
risk approach (Risk-Based Bank Rating). Bank Soundness Level 1. Risk Profile
assessment is carried out on the Bank’s risk and performance 2. Good Corporate Governance (GCG)
which can be seen from the final rating of the assessment results. 3. Profitability (Earnings)
4. Capital
PT Bank Rakyat Indonesia (Persero) Tbk 415
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Management Discussion and Analysis
on Bank Performance
Table of Individual BRI Soundness Level (Self Assessment)
2nd Semester 2nd Semester
Rating Factor Assessment 2024 Assessment 2023
Rating Rating
Risk Profile Low to Moderate Low to Moderate
Good Corporate Governance (GCG) Good Good
Profitability Adequate Enough Adequate
Capital Very adequate Very adequate
Risk-Based Bank Soundness Rating Sound Sound
The health rating of BRI Bank, using the risk-based assessment In addition to the health rating mentioned above, BRI also
method (RBBR), is at Composite Rating 2 (PK 2) – SOUND, with conducts a health assessment performed by a rating agency. The
the details for each assessment factor as follows: BRI’s Risk rating provided as part of the health assessment is the rating
Profile is rated 2 (Low to Moderate), GCG is rated 2 (Good), conducted by PT Pemeringkat Efek Indonesia (PEFINDO), which
Profitability is rated 3 (Adequate), and Capital Adequacy is rated was signed on April 1, 2024, with the following results:
1 (Very Adequate). a. Stand-Alone Rating: idAA+(3)
b. Final Rating: idAAA/Stable
Thus, the Health Level for BRI in Financial Year 2024 is Healthy (AAA) as stipulated in the Regulation of the Minister of SOEs Number
PER-2/MBU/03/2023.
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 has a slight difference from the highest rating given and has a very strong ability to
meet its long-term financial commitments compared to other obligors in Indonesia.
AA+(3)
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-term
AAA/Stable
id
financial commitments, relative to other obligors in Indonesia, is superior.
Business Continuity Information
Potentially Influential and Significant to Business Continuity
Threats to BRI’s business continuity can come from potential and safety of BRI employees, their families, customers and
disruptions/disasters caused by, among other things, nature stakeholders in accordance with the existing Disaster Management
(natural disasters), deliberate actions, business process failures Plan (RPB). Apart from that, BCM aims to maintain the continuity
or technological disruptions. To anticipate the impact of this of the most important business/operational activities, safeguard
potential disruption, the BRI Board of Directors developed and BRI assets, and have an adequate response in every condition,
implemented a Business Continuity Management (BCM) Policy whether in normal conditions, crisis conditions, disaster recovery
which is regulated in Circular Letter No. SE.50-DIR/MPE/12/2023 phase until conditions return to normal (new normal). Currently,
dated December 29, 2023 and Standard Operating Procedure the challenges of BCM apart from the 4 (four) factors above are
No. SO.05a-ORD/05/2023 dated June 27, 2023. The objectives related to the digitalization of banking and financial systems
of the BCM policy include, among others, to protect the security which can cause many disruptions, one of which is cyber attacks.
416 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
In addition to threats from potential disruptions or disasters, BRI Disclosure of the Governance
also faces business continuity risks arising from financial market Framework, Management and Control of
disruptions. To anticipate the impact of such disruptions, BRI has Tax Aspect
developed and established a Contingency Funding Plan (CFP) and
a Recovery Plan, referring to Law of the Republic of Indonesia BRI, as a State-Owned Enterprise (SOE) Bank that has gone
No. 4 of 2023 dated January 12, 2023, on the Development and public and is majority-owned by the Government of Indonesia,
Strengthening of the Financial Sector. The CFP policy outlines is committed to fulfilling its tax obligations under applicable
approaches and strategies to address crisis conditions affecting regulations. To achieve better tax management, BRI applies
liquidity, ensuring BRI’s ability to obtain necessary funding taxation principles to ensure effective and efficient tax
in a timely manner and at a reasonable cost. In more severe management while always complying with the prevailing tax laws
conditions, BRI will implement the Recovery Plan to ensure and regulations.
the bank can resume its business operations in a viable and
sustainable manner. On June 30, 2020, the Government issued Government
Regulation in Lieu of Law (Perpu) of the Republic of Indonesia
Details of Issues Arising During the Fiscal Year Number 1 of 2020, which was later enacted as Law Number 2
That Affected Business Activities of 2020. It enacted Government Regulation (PP) Number 30 of
2020 concerning the Reduction of Corporate Income Tax Rates
In 2024, there were no significant issues arising during the for Domestic Taxpayers in the Form of Publicly Listed Companies,
fiscal year that affected BRI’s business operations. effective as of its promulgation on June 19, 2020. Subsequently, on
October 29, 2021, the Government issued the Law of the Republic
Management Assessment of Matters with of Indonesia Number 7 of 2021 concerning the Harmonization of
Potentially Significant Influence on Business Tax Regulations (UU HPP). These regulations stipulate, among
Continuity, Including Assumptions Used other things, a reduction in the corporate income tax rate for
domestic taxpayers and permanent establishments, from the
In order to implement proactive BCM, the BCM Policy has been previous 25% to 22% for the fiscal years 2020, 2021, 2022,
updated which consists of: and onward, along with an additional 3% tax rate reduction for
1. Risk and Threat Assessment (PRAB), Business Impact Analysis domestic taxpayers meeting specific criteria.
(BIA), Business Continuity Plan (BCP), Emergency Response
Plan (ERP), Crisis Management Plan (CMP), Disaster Recovery Based on Certificate Number DE/1/2025-0193 dated January
Plan (DRP), and Socialization and Testing. To ensure the 6, 2025, and the monthly share ownership report from the
implementation of BCM and Occupational Safety and Health Securities Administration Bureau, Datindo Entrycom, regarding
(K3), BCP trials have been carried out in the BRI Bank Critical BRI’s share ownership throughout 2024, all the specific
Division, as well as socialization and trials of emergency requirements to obtain the tax rate reduction facility for BRI’s
response (Emergency Response) at the head office as well financial statements for the year ending December 31, 2024,
as all regional offices and their supervisory business units. have been fulfilled. As a result, BRI qualified for a 3% tax rate
BRI Bank business units have also carried out a Threat and reduction incentive under the provisions of Article 5, paragraph
Disaster Risk Assessment (PRAB)/Risk and Threat Assessment (2) of Law Number 2 of 2020. Consequently, for 2024, Bank BRI
which aims to identify the highest threats/ disasters in the applied a 19% tax rate in its Corporate Income Tax calculations.
business unit as well as the resources needed to prepare for
facing these threats/disasters. Bank BRI adopts a tax approach based on compliance with all
2. Updates to BRI Bank’s Emergency Funding Plan (CFP) and applicable tax regulations. The bank has established tax policies
Action Plan (Recovery Plan) policies which include aspects and strategies that are approved and reviewed annually by the
of updating early warning indicators and trigger levels, Director of Finance during the submission of the Annual Corporate
emergency funding strategies and recovery options as well Income Tax Return (SPT Tahunan PPh Badan). In managing
as communication strategies for handling crises. Regular tax implementation, Bank BRI has set up a comprehensive and
monitoring of early warning indicators and trigger levels is structured process, which includes:
carried out. In addition, to ensure the readiness of the BRI
organization in implementing CFP procedures, a contingency 1. The Governance Body (executive) responsible for
funding plan trial simulation was carried out to ensure the implementing the tax strategy is the Director of Finance.
feasibility of CFP. 2. Bank BRI has internal tax guidelines for fulfilling tax
obligations, outlined in BRI’s Circular on Tax Provisions and
the BRI Taxation Standard Operating Procedures, which serve
as standards for all BRI Business Units.
PT Bank Rakyat Indonesia (Persero) Tbk 417
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Management Discussion and Analysis
on Bank Performance
3. Bank BRI identifies, manages, and monitors tax obligations The primary stakeholder in taxation matters is the government
under applicable regulations through continuous monitoring through the tax office. Therefore, Bank BRI consistently maintains
and reconciliation carried out by the Financial and good relations with tax authorities but refrains from engaging
Management Accounting Division and related business units. in public policy advocacy related to taxation or any efforts to
4. Bank BRI discloses tax information transparently, adhering to influence tax authorities. Bank BRI adheres to all regulations
reporting guidelines for shareholders and the public. issued by the tax authorities. Operating only in Indonesia, with
a few branches overseas, Bank BRI’s tax reporting is exclusively
conducted for Indonesia.
Table of Contributions to the State
Tax Types Year 2024 Year 2023
A TAX
1. Income Tax (PPh) 29,614,698 25,139,120
2. Value Added Tax (VAT) and Sales Tax on Luxury Goods (PPnBM) 2,102,680 1,922,197
3. Import/Export Duties, Customs and Excise, and Stamp Duty 36,982 95,320
4. Land and Building Tax for Plantation, Forestry, and Mining (PBB P3) - -
5. Other Central Government Taxes (e.g., Carbon Tax) - -
Regional Taxes and Levies (PDRD), including Land and Building Tax for Urban and Rural
6. 126,702 97,723
Areas (PBB P2)
Total Tax Contribution (Total A) 31,881,062 27,254,360
B NON-TAX STATE REVENUE (PNBP)
1. Dividends 25,714,902 23,233,807
2. Other Non-Tax State Revenue 76,561 165,365
Total PNBP Contribution (Total B) 25,791,463 23,399,172
Total Contribution to the State (Total A and B) 57,672,525 50,653,532
Response to Change in Monetary Policy Direction
In general, banking system liquidity remained relatively tight Bank Indonesia will continue strengthening the synergy of its
throughout 2024 due to the relatively high BI Rate, even though monetary, macroprudential, and payment system policies to
inflation was low. Nevertheless, Bank Indonesia began easing maintain stability and support sustainable economic growth
its monetary policy by lowering the BI Rate by 25 bps to 6.00% through the following measures:
in September 2024 and then maintaining the BI Rate at 6.00% 1. Strengthening pro-market monetary operation strategies
until the end of the year. Bank Indonesia also utilized the to enhance monetary policy effectiveness, including the
macroprudential policy incentive instrument (KLM) to enhance optimization of Bank Indonesia Rupiah Securities (SRBI),
banking liquidity. Bank Indonesia Foreign Exchange Securities (SVBI), and
Bank Indonesia Foreign Exchange Sukuk (SUVBI). BI
Bank Indonesia is expected to continue easing its monetary and also strengthens term-repo and foreign exchange swap
macroprudential policies in 2025 while remaining focused on transaction strategies to be more competitive and enhances
maintaining Rupiah exchange rate stability against the US Dollar the role of Primary Dealers (PD) to further increase SRBI
and keeping inflation within the target range of 2.5±1% for 2025. transactions in the secondary market and repurchase
Meanwhile, macroprudential and payment system policies will agreement (repo) transactions among market participants.
remain pro-growth to support sustainable economic growth, 2. Stabilizing the Rupiah exchange rate through foreign
given the persistent uncertainty in the global economy and exchange market interventions in spot transactions,
financial markets. Domestic Non-Deliverable Forward (DNDF), and Government
Securities (SBN) in the secondary market.
418 PT Bank Rakyat Indonesia (Persero) Tbk
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Annual Report 2024
3. Strengthening the implementation of an accommodative various regions under the Central and Regional Inflation Control
macroprudential policy to encourage credit or financing Teams (TPIP and TPID) and the Acceleration and Expansion of
growth in support of sustainable economic growth while Central and Regional Government Transaction Digitalization
maintaining financial system stability through the following (P2DD). Bank Indonesia has also enhanced synergy with other
measures: (i) Enhancing the Macroprudential Liquidity institutions within the Financial System Stability Committee
Incentive Policy (KLM); (ii) Maintaining the Countercyclical (KSSK) to maintain financial system stability and promote credit/
Capital Buffer (CCyB) ratio at 0%; (iii) Maintaining the financing for businesses, particularly in priority sectors.
Macroprudential Intermediation Ratio (RIM) in the range
of 84%-94%; (iv) Setting the Loan to Value/Financing to Various policy steps taken by Bank Indonesia throughout 2024
Value (LTV/FTV) ratio for property loans or financing at a made positive impacts on national banking. The Financial
maximum of 100% and the minimum down payment for bank Services Authority noted that banking credit growth increased
vehicle loans or financing at 0%, effective from January 1 to from 10.38% yoy at the end of 2023 to 10.39% yoy at the end
December 31, 2025; and (v) Maintaining the Macroprudential of 2024. Meanwhile, in terms of fund collection, the growth of
Liquidity Buffer (PLM) ratio at 5% with repo flexibility of Third Party Funds (TPF) also increased from 3.73% yoy at the end
5% and the Sharia Macroprudential Liquidity Buffer (PLM of 2023 to 4.48% yoy at the end of 2024. Furthermore, banking
Syariah) ratio at 3.5% with repo flexibility of 3.5%. resilience was also well maintained, as reflected in the Capital
4. Strengthening the transparency policy on Prime Lending Adequacy Ratio (CAR) which remained high at 26.68% as of
Rates (SBDK) by deepening the analysis of lending rates December 2024, and the Non-Performing Loan (NPL) Ratio which
based on priority sectors covered under KLM. was relatively low, namely 2.08% (gross) and 0.74% (net). The
5. Expanding the acceptance of digital payment system results of Bank Indonesia’s stress test also showed that national
adoption through the implementation of a 0% Merchant banking resilience remains strong in the face of global pressures.
Discount Rate (MDR) for QRIS transactions up to IDR500,000
at micro-business (UMI) merchants, effective from December
1, 2024, to support the purchasing power of the lower- In response to the benchmark interest rate adjustments and the
middle-income group. monetary policies of BI and The Fed, BRI has selectively adjusted
its deposit and lending interest rates (particularly for short-term
loans). As of December 2024, BRI’s SBDK has been adjusted in
In addition to these policies, Bank Indonesia has strengthened accordance with the implementation of OJK Regulation No.
policy coordination with the Central Government, Regional 13 of 2024, dated August 12, 2024, on the Transparency and
Governments, and strategic partners, including through the Publication of Prime Lending Rates for Conventional Commercial
National Movement for Food Inflation Control (GNPIP) across Banks.
Quantitative Disclosure Table of Prime Lending Rate
Prime Lending Rate
By Type of Credit
Data Period Non-SME Loans SME Loans Non-
December 31, 2024 Housing/
Housing/
Apartment
Apartment
Corporate Retail Medium Small Micro Loan
Loan (Non-
(Mortgage)
Mortgage)
Cost of Funds for Loans (HPDK) 3.80% N/A 3.80% 3.80% 3.80% 3.80% 3.80%
Overhead Costs 1.70% N/A 3.21% 4.48% 8.71% 3.30% 3.10%
Profit Margin 3.00% N/A 3.54% 2.12% 1.49% 2.91% 2.40%
Prime Lending Rates (SBDK) (1+2+3) 8.50% N/A 10.55% 10.40% 14.00% 10.00% 9.30%
Notes: Effective from January 1, 2025
Prohibitions, Limitations and/or Significant Obstacles to the Legal Lending Limit
Between Banks and Other Entities in a Business Groups
In carrying out its business activities, BRI established a policy that includes limits on providing funds to related parties in accordance with
the Regulation of the Finansial Service Authority (OJK) of the Republic of Indonesia Number 32/POJK.03/2018 concerning Legal Lending
Limits (BMPK) and Provision of Large Funds for Commercial Banks and OJK Regulation No. 38 /POJK.03/2019 concerning Amendments
to POJK No. 32/POJK.03/2018 Concerning BMPK and Provision of Large Funds for Commercial Banks.
PT Bank Rakyat Indonesia (Persero) Tbk 419
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Management Discussion and Analysis
on Bank Performance
Provision of Funds to Related Parties and 2. Banks were prohibited from providing fund to Related Parties
Large Amount of Funds without the approval of the Bank’s Board of Commissioners.
3. Banks were prohibited from purchasing low-quality assets
(assets that were of substandard, doubtful or loss quality
In carrying out its intermediation function, the Bank manages fund
and/or have been restructured) from Related Parties.
allocation, part of which is distributed as loans. This fund allocation
4. In the event that the quality of providing fund to Related
must be subject to risk mitigation and portfolio diversification
Parties declined to substandard, doubtful or loss, the Bank
through limitations imposed on both Related Parties and non- was required to take steps to correct it by:
Related Parties, up to a certain percentage of the Bank’s Capital a. Repayment of loans no later than 60 (sixty) days after the
or Core Capital (Tier 1), known as the Legal Lending Limit (BMPK) decline in the quality of provision of funds; and/or
and Large Exposure. In this regard, to support Indonesia’s economic b. Conducted loans restructuring since the decline in the
growth and national competitiveness, the Regulator has provided quality of Provision of Funds.
flexibility or exemptions in implementing the BMPK and Large 5. In the event that a Bank provided fund in the form of Equity
Exposure rules while maintaining prudential principles in loan Participation which caused the party where the Bank made
disbursement. BRI has established policies related to fund allocation Equity Participation to become a Related Party, the Bank was
for Related Parties, Large Exposure, and other parties with an interest required to ensure:
in the Bank, as regulated in the BRI Board of Directors Circular Letter a. Fund Provision Plan was set at a maximum of 10% (ten
No. SE.27-DIR/KRD/10/2024 dated October 29, 2024. percent) of Bank Capital;
b. Provision of funds that would be and had been given to
Policy of Giving Loan to the Board of parties in which the Bank made Equity Participation after
Directors and Board of Commissioners being added to the entire portfolio of provision of funds
to Related Parties was set at a maximum of 10% (ten
Granting loans to the Board of Directors and the Board of percent) of Bank Capital;
Commissioners was included in the provision to Related Parties, c. Meet the conditions referred to in points 1, 2 and 3.
and this had to be approved by the Board of Commissioners.
Funding for Related Parties had been regulated by the Finansial Related parties included:
Service Authority (OJK) and the Company’s provisions, namely 1. Individuals or companies that controlled the Bank.
the BRI Loans Provision Minimum Limit Policy. The provisions 2. Legal entity in the event that the Bank acted as a controller.
and procedures for extending loans to the Board of Directors 3. Companies in the case of individuals or companies as referred
and Board of Commissioners applied the same as extending to in point 1 act as controllers.
loans to prospective BRI Bank debtors in general and were given 4. Members of the Board of Directors, members of the Board of
according to market interest (market rate) and reasonable (arm Commissioners, and Bank Executive Officers.
length basis) while taking into account the principle of prudence. 5. Parties who had family relations horizontally or vertically:
i. From individuals who were controllers of the Bank as
Mechanism for Provision of Funds to Related referred to in point 1; and
Parties ii. From members of the Board of Directors and/or members
of the Board of Commissioners at the Bank as referred to
1. Provision of Funds to Bank Related Parties was submitted in point 4;
independently or collectively through the Credit Operation 6. Members of the Board of Directors and/or members of the
Division and had to obtain approval from the Board of Board of Commissioners in the company as referred to in
Commissioners. points 1, 2 and/or 3.
2. The Secretary of the Credit Committee submits the results 7. Companies of which members of the Board of Directors and/
of the approval request to be followed up according to the or members of the Board of Commissioners were members of
approval decision. the Board of Commissioners at the Bank.
3. Provision of Special Funds (especially loans) to the Board of 8. Companies in which 50% (fifty percent) or more members
Directors and Board of Commissioners had to be carried out of the Board of Directors and/or members of the Board of
in a fair and reasonable manner (equal treatment). Commissioners were Directors and/or Commissioners of the
company as referred to in points 1, 2 and 3. The amount of
50% (fifty percent) or more was calculated from the total
Provision of Funds To Related Parties
cumulative Board of Directors and/or Board of Commissioners.
9. Companies that:
Provisions regarding the setting of BMPK limit were that the
a. Members of the Board of Directors, members of the
Portfolio of provision of funds to Related Parties with a Bank as a
Board of Commissioners, and/or Bank Executive Officers
whole was set at a maximum of 10% (ten percent) of the Bank’s
acted as controllers; and
Capital. Other regulated party provisions were:
b. Members of the Board of Directors and/or members of
1. Banks were prohibited from providing funds to Related
the Board of Commissioners from the parties referred to
Parties that were contrary to the general procedures for
in points 1, 2 and/or 3 acted as controllers.
provision of funds.
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Annual Report 2024
10. Collective Investment Contract in which the Bank and/or the c. Provision of loans to debtors through companies using
parties referred to in points 1-9 own 10% (ten percent) or the forwarding method.
more shares in the collective investment contract investment d. Providing loans with a nucleus-plasma partnership pattern
manager. with a core company scheme guaranteeing loan to plasma.
11. Companies that had financial relationships with Banks and/ e. Provincial government and district/municipal government
or parties referred to in points 1-9 above. as well as between each district/city government.
12. The borrower was an individual or a non-bank company that
had a financial relationship through providing guarantees to Provision of Funds
the parties referred to in points 1-11.
13. Borrowers who had financial relationships through Provision of funds that were considered in the calculation of
guarantees provided by the parties referred to in points 1-11. BPMK and Provision of Large Funds were all Provision of funds in
14. Other banks that had financial relationships through the the position of the banking book and trading book.
provision of guarantees to the parties referred to in points 1. Types of Provision of funds, namely:
1-11 in the event that there was a counter guarantee from a. Placement;
the Bank and/or the parties referred to in points 1-11 to the b. Derivative transactions;
other bank. c. Securities;
15. Other companies in which there was an interest in the form d. Acceptance bills;
of share ownership of 10% (ten percent) or more individually e. Loans;
or jointly, from the parties referred to in point 5. f. Equity capital;
g. Temporary equity participation;
Provision of Funds to Parties Other than h. Administrative account transactions; and
Related Parties i. Provision of Funds to Central Counterparty
2. Provision of Bank Funds to SOEs for development purposes
1. Provision of funds to: was set at a maximum of 30% (thirty percent) of Bank Capital.
a. 1 (one) Borrower other than a Related Party; or 3. Provision of funds to SOEs for development purposes such as
b. 1 (one) group of Borrowers other than Related Provision of funds for:
2. Provision of funds to 1 (one) borrower other than Related a. Food procurement;
Parties or 1 (one) group of Borrowers other than Related b. very simple Home procurement;
Parties is set at a maximum of 25% (twenty five percent) of c. Procurement, supply and/or management of oil and
the Bank’s Core Capital (Tier 1). natural gas as well as alternative natural sources of
3. Banks were required to determine the classification energy that are equivalent;
of Borrowers in a group of borrowers in the event that d. Procurement, supply and/or management of water;
the Borrower had a controlling relationship with other e. Procurement, provision and/or management of
Borrowers through ownership, management and/or financial electricity;
relationships. f. Procurement and/or management of export-oriented
4. Classification of Borrowers with the following criteria: commodities;
a. The Borrower was the controller of other Borrowers; g. Procurement of instructors supporting land, sea and
b. 1 (one) party that was the controller of several Borrowers; air transportation in the form of construction of roads,
c. 50% (fifty percent) members of the Board of bridges, railroads, seaports and airports; and/or
Directors and/ or members of the Borrower’s Board h. The development of the National Tourism Strategic Area
of Commissioners become members of the Board of (KPSN) which was determined and prioritized by the
Directors and/or members of the Board of Commissioners central government.
at other Borrowers;
d. The Borrower had financial relationships with other Credit Risk Mitigation Techniques
Borrowers; and/or
e. The Borrower had a financial relationship in the form of BRI was required to apply an Credit Risk Mitigation (MRK) technique
issuing guarantees to take over and/or pay off part or all that met certain requirements in calculating BPMK in the event that
of the obligations of other Borrowers in the event that BRI recognized the existence of collateral, guarantees, guarantees or
another Borrower failed to fulfill obligations to the Bank. loan insurance as an Credit Risk Mitigation technique in calculating
5. Borrower Group classification does not apply to: weighted assets according to credit risk using the standard approach
a. Provision of funds Facilities provided by Banks to debtors by referring to the provisions of the Financial Service Authority (OJK)
in general Bank business activities; and which regulated regarding guidelines for calculating risk-weighted
b. Providing guarantees by insurance companies, guarantee assets for credit risk using a standardized approach.
companies, the Government of the Republic of Indonesia,
and/or governments of other countries.
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Management Discussion and Analysis
on Bank Performance
Exceptions from Calculation of Legal Exceeding Legal Lending Limit (LLL)
Lending Limit (LLL)
Placements at each Prime Bank were excluded from the BPMK Excess Conditions
calculation with the following provisions:
1. Legal Lending Limit Section for Borrowers who obtain Legal Lending Limit by BRI was categorized as Exceeding the
guarantees from Prime Bank. BMPK caused by:
2. Legal Lending Limit to the Central Government. 1. Decrease in Capital or Core Capital (Tier 1)
3. Placement with Bank Indonesia. 2. Changes in exchange rate
4. Purchase of Securities issued by the Government of the 3. Changes in fair value
Republic of Indonesia and/or Bank Indonesia. 4. Business mergers, changes in ownership structure, and/or
5. The Legal Lending Limit Division which obtained guarantees changes in management structure that caused changes in
from the Government of the Republic of Indonesia under Related Parties and/or Borrower groups;
certain conditions. 5. Changes in provisions (regarding changes to parties
6. Export-oriented Legal Lending Limit to financial institutions categorized as Related Parties or Borrower groups).
and the Legal Lending Limit Division which obtain guarantees
from financial institutions that meet certain requirements. The determination of Borrowers in the calculation of BMPK
7. The portion of Legal Lending Limit guaranteed by certain exceedance is carried out in accordance with the provisions
collateral and meets certain requirements. for the calculation of Fund Provision. The BMPK exceedance is
8. Provision of funds that have become a deduction factor calculated based on the recorded value as of the reporting date.
Capital as referred to in the Financial Services Authority
Regulation governing the obligation to fulfil minimum
capital.
Settlement of Violations and Excessing of LLL Bookings
During 2024, BRI has never violated or exceeded the BPMK. In the event that the Bank violates and/or exceeds the BPMK, BRI is required
to prepare a follow-up plan for the settlement of BMPK violations and/or exceeds it along with a target time for completion.
Table of BPMK Violations and Exceedings
Unrelated Parties
BMPK Related Parties Not Related Parties SOEs
(Borrower Group)
Violations of BMPK - - - -
Exceeding of BMPK - - - -
Reporting
3. The division in charge of the loan portfolio consolidates
External Report and prepares BMPK and the provisions of Large Exposure
reported and submitted them to the Board of Directors and
BRI submited reports on Provision of Funds, Provision of Large Board of Commissioners.
Funds, Exceptions to Provision of Large Funds, Violations of BMPK
or Exceedings of the BMPK, individually and on a consolidated BRI Internal LLL
basis to the Financial Service Authority (OJK) periodically.
1. As a form of prudence and risk appetite, BRI sets a maximum
Internal Report internal BMPK amount of 85% of the BMPK determined by
Financial Service Authority (OJK) per obligor.
Internally, BRI prepared BMPK reports involving business units 2. BRI’s distribution of loan funds was focused on the MSME
related to the following mechanism: segment.
1. As a basis for determining BMPK and the provisions of Large
Exposure, the FMA Division provides data on BRI’s last position Transactions to Related Parties
of Capital to the Division in charge of the loan portfolio.
2. The Head Office Business Division, Branch Offices, UKLN, Division/ In 2024, transactions with related parties (related party
Desk in charge of Subsidiary Entities, and related units report the transactions) were carried out in a fair, normal commercial terms,
data required for reporting according to their respective functions arm length basis with the following details:
to the Division in charge of the loan portfolio.
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Annual Report 2024
Table of Legal Provision Funds to Related Parties and Provision of Large Funds
2024 2023
Legal Lending Limit Outstanding Outstanding
Debtors Debtors
(in IDR million) (in IDR million)
1. To Related parties 671 17,495,695 643 16,238,267
2. To Core Debtors
a. Individual 50 158,229,350 50 130,408,842
b. Group 50 211,909,460 50 178,925,740
Spot and Derivative Transactions
Spot transactions and derivative transactions refer to a risk Throughout 2024, BRI conducted spot transactions and
management system that complies with provisions and best derivative transactions in the form of currency and interest
practices. All derivative transactions carried out are intended rate swaps, interest rate swaps, options, buying and selling of
for the interests of BRI and customers. Most of the spot and foreign currency forwards, foreign currency swaps, buying and
derivative transactions carried out by BRI are hedging activities selling of foreign currency spots. In detail, spot and derivative
for customer positions which aim to protect the value of asset transactions conducted by BRI (Consolidated) can be explained
portfolios denominated in foreign currencies and also hedge in the following table.
against interest rates. In this case, BRI’s focus in derivative
transactions is not for trading purposes.
Table of Spot and Derivative Transaction
(In Million Rupiah)
Derivative Bills Derivative Liabilities
Transactions
2024 2023 2024 2023
Foreign currency swaps 409,454 381,607 656,917 369,374
Forward buying and selling of foreign currency 408,102 284,050 589,736 108,496
Interest rate swaps 244,837 223,308 247,276 403,003
Currency swaps and interest rates 15,029 18,045 80,968 37,444
Spot buying and selling of foreign currency 9,626 4,673 10,223 6,893
Total 1,087,048 911,683 1,585,120 925,210
Report on Additional Use of State Capital
Participation (PMN)
Based on the Regulation of the Minister of State-Owned b. Increasing the business capacity of SOEs or Limited
Enterprises of the Republic of Indonesia Number PER-2/ Liability Companies.
MBU/03/2023 concerning Guidelines for Governance and (2) Additional PMN to SOEs as intended in paragraph (1) is used
Significant Corporate Activities of State-Owned Enterprises in the context of:
Additional State Capital Participation (PMN) is the separation a. Carrying out Government assignments to SOEs;
of state assets from the state revenue and expenditure budget b. Carry out restructuring and/or rescue of SOEs; and/or
which is used as capital of SOEs and/or Limited Liability Company c. Carry out SOEs business development.
and managed corporately. In accordance with the provisions in
Article 110 PER-2/MBU/03/2023: In 2024, BRI did not receive additional State Capital Participation
(1) Additional PMN is carried out with the aim of: (PMN), so there is no information on the Report on the Use of
a. Improving the capital structure of SOEs or Limited Additional State Capital Participation.
Liability Company; and/or
PT Bank Rakyat Indonesia (Persero) Tbk 423
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Business Support Functions Overview 424 PT Bank Rakyat Indonesia (Persero) Tbk
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“Digital Transactions record extraordinary growth throughout 2024. “98.85% of total BRI transactions were carried out via digital channels, and the remaining 1.15% of total BRI transactions were carried out at BRI branches or business units.” PT Bank Rakyat Indonesia (Persero) Tbk 425
Page 428
Business Support
Functions Overview
Human
Capital
SUMMARY OF THE HUMAN CAPITAL DIRECTORATE
BRI’s Human Capital vision as “Home to the Best Talent” reflects BRI’s aspiration to become a top-of-mind company that
consistently focuses on career development and enhancing employee capabilities. This aspiration serves as one of the
considerations in determining the 2024 Human Capital BRI theme: “Strengthening People Capabilities with Synergy.” This
theme represents BRI’s efforts to respond to strategic issues surrounding Human Capital, such as strengthening business
segment capabilities, optimizing sustainable CASA with a focus on ecosystems and value chains, transforming human capital
in the Micro business sector, and strengthening leadership among Unit Heads. The implementation of this theme is carried out
through various programs and initiatives as follows:
1. Employee Capability Enhancement 3. Human Capital Operating Model and Employee
BRI consistently strives to enhance employee capabilities, Productivity
with a focus in 2024 on the transformation of employees In September 2024, Human Capital BRI underwent
in the Micro business sector, Branch Leaders, and reorganization to improve HC management and
Relationship Managers (RMs) in the SME business sector. strengthen the role of strategic business partners
Strengthening the capabilities of employees in the Micro (business partners, centers of excellence, and people
business sector is conducted through various studies services). Additionally, to manage underperforming
and fulfillment strategies, KPI reviews, training and employees, a performance bootcamp was conducted to
development, recruitment, and competency design. The help improve employee performance, along with long-
enhancement of Branch Leaders’ capabilities is aimed term incentive programs to enhance employees’ sense
at supporting business performance, emphasizing the of ownership.
role of leadership in overseeing strategy execution. This
includes education programs and pilot implementation 4. Well-being and Human Rights (HAM)
in a selected Regional Office, collaborating between BRI implements the BRILian Well-being program,
the Head Office, Regional Offices, Branch Offices, and covering physical, social, financial, and mental aspects.
consultants. Additionally, to ensure that SME RMs This program includes various initiatives related to
are equipped to face future business challenges and physical and mental health management, culture, and
developments, a rejuvenation program is conducted financial management. Regarding human rights, BRI
involving Assessors to evaluate employees’ hard and soft conducts human rights due diligence through self-
competencies, enabling them to accelerate productivity assessment methods determined by the Ministry of Law
improvements. and Human Rights of the Republic of Indonesia, using
the PRISMA application. BRI achieved a Green category
2. BRI Group Synergy in human rights implementation with a score of 103.
This initiative follows up on the HC Maturity Assessment
2023 results to synergize the Human Capital Lifecycle
Management process across BRI Group, aiming to Through these initiatives and work programs, BRI employees’
optimize contributions and performance across all employee engagement score increased from 3.49 out of 4 in
BRI Group subsidiaries. The synergy in Human Capital 2023 to 3.51 out of 4 in 2024.
Management within BRI Group covers vision and mission,
general policies, performance management, rewards,
learning & development, HCIS and people analytics, two-
way communication, and strategies related to talent and
competencies.
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2024 Annual Report
Human Capital Management Framework and Strategy
To achieve BRI’svision as “The Most Valuable Banking Group in Directorate as a business-enabling function, while also striving
Southeast Asia and Champion of Financial Inclusions,” BRI has to achieve the HR vision of the BRI Group as “Home to The
developed a human resources (HR) management strategy that Best Talent”. To support this function, the BRI Human Capital
aligns with corporate aspirations and strategies. This is done Directorate is divided into several divisions, supported by the
by considering the role and involvement of the Human Capital existence of the Human Capital Strategy Sub-Directorate.
THE MOST VALUABLE BANKING GROUP IN SOUTHEAST ASIA & CHAMPION OF FINANCIAL INCLUSION
HOME TO THE BEST TALENT
GROOMING COMPETENT AND PRODUCTIVE TALENT THROUGH
OPTIMIZING HUMAN CAPITAL AS STRATEGIC ENABLER
EMPLOYEE CUSTOMER
EVP: GIVING VALUE FOR INDONESIA
1.ALIGN
UNDERSTANDING EMPLOYEE
BUSINESS RD
HC STRATEGY
2.A ENGAGEMENT
STRATEGY OA HC PLANNING
TT
B
RETIREMENT RESOURCING
RA
FF
GOVERNMENT
6.O
CT
PARTNERS
EXIT POLICY ONBOARDING
EMPLOYEE
CAREER LEARNING WELLBEING
MANAGEMENT
GE
3.E
DEVELOPMENT
REWARD
GA
VO
N LV
5.E PERFORMANCE
E
FACILITATING MANAGEMENT EMPLOYEE
ORGANIZATIONAL
PRODUCTIVITY
DESIGN
NATIONAL &
MEDIA
GLOBAL ALLIANCE
HARMONIOUS RELIABLE HUMAN CAPITAL
TECHNOLOGY & ROBUST PEOPLE EXCELLENCE & CREATIVE
INDUSTRIAL RELATION INFORMATION SYSTEM ANALYTICS HC COMMUNICTION
PERFORMANCE DRIVEN CULTURE (INTERNALIZING BRI ONE CULTURE)
The management of human capital (HC) at Bri (BRI HC Lifecycle) including customers, employees, the government, national and
begins with gathering business strategy inputs from the company, global alliances, the media, and partners collaborating with
which includes both short-term and long-term strategies that BRI. Contextually, Human Capital Information Systems (HCIS),
will serve as guidance for BRI HC in developing and implementing technology, people analytics, and creative HC communication.
people processes. The BRI HC Lifecycle consists of six (6) stages These elements are integrated into an ecosystem to create the
of human resource management at BRI, namely: employee value proposition: “Giving Meaning to Indonesia”.
a. Align: Through the development of strategies and planning.
b. Attract: Through the recruitment process and onboarding of In 2024, BRI’s strategic theme for Human Capital (HC) is the
new employees. Synergy of HC Management within the BRI Group and the
c. Evolve: Through learning and development programs. Transformation of HC in Micro Banking. The Synergy of HC
d. Accomplish: Through performance management. Management within the BRI Group consists of work programs
e. Engage: Through the provision of rewards and career related to communication integration, HC information systems,
management. learning & development strategies, and more. Meanwhile, the
f. Offboard: Through exit policies and retirement programs. Transformation of HC in Micro Banking includes work programs
that support initiatives globally and ensure the sustainable
BRI’s human capital management involves the roles of various growth of its micro business.
parties, such as BRI as a company and related stakeholders
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Business Support
Functions Overview
Human Resources Management Policy and Implementation
Recruitment
Policies
To support the success of the company’s transformation, 2. Adaptability: relates to the talent’s ability to adapt and work
exceptional talent is needed to consistently support and remain in diverse situations.
open to innovation in this era of transformation. Currently, BRI is 3. Collaborate with Ecosystem: relates to talent that can
facing a talent war to acquire the best talent who are skilled and collaborate with internal and external parties for innovation
competent, in line with the company’s needs and culture. Talent and value creation for customers.
war creates a situation where all companies compete for the best 4. Customer Service Orientation: relates to understanding the
talents. Head-to-head, BRI makes various efforts in recruiting world from the customer’s perspective (inside out).
quality candidates, developing, and retaining workers who have 5. Innovation: relates to the talent’s ability to improve
the right talents and skills. performance through creative approaches in problem-
solving related to issues and/or business management.
Given the increasingly fierce global competition and talent 6. Problem Solving: relates to the ability to identify and analyze
scarcity, the company faces challenges in finding candidates with problems, and the ability to consider the relevance and
specific skills and expertise that meet the company’s criteria, accuracy of information to come up with ideas and creative
goals, and expectations. In response to this, BRI is starting to solutions.
prepare several strategic steps to ensure that BRI remains a top- 7. Digital Literacy: relates to adopting technology to solve
of-mind company for job seekers and continues to be Home to problems and face various situations.
The Best talent, including: 8. Integrity: relates to talent’s actions being consistent with
1. Finding Right Size & Competency: Finding the right talent and BRI’s policies and banking code of ethics.
competency at the right time is done through a workforce
planning review process to anticipate ongoing HR needs. Seeing the phenomenon of the talent war in attracting
Currently, companies are required to be able to develop new outstanding BRILiaNtalent, BRI continuously innovates to
competencies for HR so that re-skilling and up-skilling for enhance its appeal more creatively through various sources
workers become something that is needed. (Multi Source) and channels (Multi Channel).
2. Talent Attraction: BRI embraces the younger generation in its A. Multi Source
efforts to find the best talent for the company, with various 1. Regular
engagement and recruitment programs. a. National Recruitment
3. Talent Management: Identify measurable career paths by Recruitment was carried out by the head office to
categorizing employees based on performance, followed by meet the needs of prospective leaders in all business
a review according to the talent pool, then ensure that the unit both at home and abroad (ex. BRILiaN Future
successor planning preparation process can run according to Leader Program).
objectives and be directed. b. Regional Recruitment
4. Building Culture System: Making BRI One Culture and Recruitment is carried out at the BRI Regional Office
AKHLAK as core values can be implemented properly so as to and Head Office to fulfill the need for workers in
support the Company’s performance. certain positions or functions.
5. Establishing Agile & Digital Organization: Work systems and 2. Multi Source
organizations that were more agile so that they were tidier a. BRILiaN Scholarship Program (BSP)
and could run better and more efficiently, especially when An early recruitment program designed to attract
working with other teams. potential young generation and as a means of
character development before becoming employees
BRI prioritizes the process of recruiting talents whose have of BRI through the Bank’s Employee Recruitment
competencies in line with future needs, namely: Program.
1. Achievement Orientation: relates to the talent’s desire to b. BRILiaN Creativity Contest (BCCP)
perform well and exceed excellence standards. Acompetition/platform for participants to showcase
their “brilliant” innovative ideas, whether in team
collaboration or individually, which can positively
impact the advancement of Indonesia and BRI in
particular. Through this program, BRI seeks the best
talent through the innovative ideas produced.
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c. BRILiaN Get Talent Program (BGTP) 5. BRILiaN Specialist Hiring Program (BSHP): a recruitment
A program aimed at finding the best talent for program aimed at hiring employees with specialized
BRI, individuals with exceptional achievements skills in specific areas that align with the company’s
recommended by Unit Work Leaders (Corporate needs. The recruitment of employees through BSHP is
Band 1 Officials). intended to fulfill the bank’s need to fill certain positions
d. BRILiaN Internship Program (BIP) or roles, which include:
An internship program offering opportunities for a. Positions related to new products/activities or
high school/vocational school graduates, students, new fields due to the company’s organizational
or fresh graduates to gain work experience at BRI’s development, where the company does not yet have
Business Units while providing support for the Unit employees with adequate specialized skills in those
operations. areas.
b. A shortage of employees with specialized skills
B. Multi Channel in certain fields, where the number of internal
In addition to various sources of talent search (multi source), employees proficient in those areas is very limited.
BRI prepared various entry channels (multi channel), there c. There was an urgent need to fill such positions where
were 5 (five) entry channels, namely: it is not feasible to develop the specialized skills of
1. BRILiaN Future Leader Program (BFLP): A recruitment internal employees in a short period.
and education program to attract potential candidates
and provide education as provisions to become future Recruitment Implementation
leaders from external sources.
2. BRILiaN Next Leader Program (BNLP): Recruitment and In 2024, BRI carried out recruitment as follows:
education program for BRI Internal Workers who have 1. BFLP: External trainee, with 133 successful participants.
great potential to become future company leaders. Currently, the recruitment phase for BFLP Batch 11 in 2024
3. BRILiaN Banking Officer Program (BBOP): Recruitment is underway.
and education program to prepare new workers with 2. BNLP: Internal trainee, recruitment phase is still in progress
corporate title Associate level from both external and (on process).
internal sources which aims to support the company’s 3. BRMP: Relationship manager, with 191 successful
performance according to operational standards and participants. The recruitment phase for BRMP is currently
values that apply at BRI. underway.
4. BRILiaN Relationship Manager Program (BRMP): a 4. BBOP: Mantri, relationship manager, etc., with 3,247
recruitment and education program preparing employees successful participants.
for marketing positions at the Corporate band 6 level or 5. Experienced dan Professional Hire: Positions in IT, non-IT, and
junior Manager. This program is designed to equip them marketing, with 35 successful participants.
with the skills to demonstrate optimal performance in
line with the operational standards and values upheld by
BRI.
Competency Development
Policies
The development of employee competencies is a top priority 2024, an educational program has been held consisting of offline
for BRI as it can dive productivity and support the overall classes and online classes. BRI committed to developing the
performance of BRI. Competency development is carried out competency of all its employees by providing equal opportunities
through various programs, including education programs, for all employees to take part in competency development
training, and certification,which can be conducted offline and programs that are held regardless of the employee’s position
onlinethrough the digital learning platform (BRISMART). In level, education or gender.
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Business Support
Functions Overview
Types of Competency Development
Types of Training
Competency Development Objectives
BRILian Career
BCEP Training programs to support employee career acceleration.
Enhancement Program
BRILian Future Leader
BFLP Training program to prepare new talents to become leaders in facing current and future business challenges.
Program
BRILian Next Leader Training program for career development of BRI best permanent employees to become BRI future leadership
BNLP
Program candidates in facing current and future business challenges.
BRI Human Capital Development Program is to prepare employees to become Great Leaders through
BRILian Leadership
BLDP sustainable and comprehensive leadership development that places emphasis on strengthening character,
Development Program
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 providing
BLRP
Retirement Program them with the knowledge, insight and skills needed to undergo retirement.
Technical competency development program for comprehensive onboarding places emphasis on specific
BRILian Specialist
BSDP 0 knowledge and skills according to the competency requirements required to become a specialist in a
Development Program
particular field tailored to the company’s needs
A sustainable and comprehensive technical competency development program that places emphasis on
BRILian Specialist
BSDP 1,2,3 specific knowledge and skills according to the competency requirements required to become a specialist in
Development Program
a particular field tailored to the company’s needs.
BRILian Banking Officer Educational program to prepare new employees in Marketing, Frontliner and Administration positions (permanent,
BBOP
Program contract and outsourced) so they can work in accordance with operational standards applicable at BRI
COP Community of Practice The community formed in the context of organizing distribution and use of knowledge assets activities
Education method by optimizing the use of the internet/technology as a means of delivering material, exams,
E-Learning -
interaction between teachers and education participants, interaction between education participants and so on.
BRILian Improvement A forum for active participation of employees in creating strategies and actions that can improve the
BIF
Forum performance of each business unit.
Public Training programs that are not initiated internally by BRI in order to increase employee competency and are
Domestic Public Course
Course DN implemented within the country.
Training program for mandatory certification activities in accordance with the provisions set by the regulator
SER Training of Certification
and other certification determined by the Company.
Activities to convey information regarding policies,regulations, activity programs, and/orimportantinformation
SOS Socialization
related to the company’s business development through presentation activities in each business unit.
In House Training (IHT)/
SRQ Special training programs held at the request of business unit with approval from BRI Corporate University.
Special Request
Competency Development Implementation
Table of Realization of Competency Development Based on Position Level in 2024
Number of Number of Number of Number of
Position Position Employees participants
Employees participants
SENIOR EXECUTIVE VICE PRESIDENT 6 6 BSDP 0 / BBOP 1
BSDP (1,2,3) 1 COP 8
BSE 4 Development Division 12
COP 4 SER 5
Public Course LN 3 SOS 1
SRQ 4 SRQ 4
EXECUTIVE VICE PRESIDENT 18 18 SENIOR VICE PRESIDENT 101 101
BIF 2 BIF 3
BSDP (1,2,3) 12 BSDP (1,2,3) 82
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2024 Annual Report
Number of Number of Number of Number of
Position Employees participants
Position Employees participants
BSDP 0/BBOP 8 SOS 72
COP 52 SRQ 586
Development Division 64 MANAGER 4,552 4,490
SER 16 BIF 783
SOS 1 BLDP 886
SRQ 16 BLRP 115
VICE PRESIDENT 197 197 BSDP (1,2,3) 4,305
BIF 12 BSDP 0/BBOP 1,287
BLRP 2 COP 3,437
BSDP (1,2,3) 147 Development Division 2,648
BSDP 0/BBOP 1 E-Learning 44
COP 123 Public Course DN 2
Development Division 75 SER 859
Public Course DN 2 SOS 228
SER 147 SRQ 1,621
SOS 3 JUNIOR MANAGER 15,180 14,892
SRQ 45 BFLP 76
ASSISTANT VICE PRESIDENT 1,485 1,474 BIF 2,830
BIF 136 BLDP 1,030
BLRP 30 BLRP 183
BSDP (1,2,3) 1,253 BSDP (1,2,3) 12,969
BSDP 0/BBOP 32 BSDP 0/BBOP 2,113
COP 989 COP 10,145
Development Division 696 Development Division 4,296
E-Learning 1 E-Learning 385
Enhancement Division 15 Enhancement Division 13
Public Course DN 9 Public Course DN 9
Public Course LN 1 SER 1,603
SER 87 SOS 296
SOS 23 SRQ 5,052
SRQ 440 ASSOCIATE 57,594 64,786
SENIOR MANAGER 2,715 2,689 BIF 11,780
BIF 210 BLRP 53
BLDP 129 BSDP (1,2,3) 57,576
BLRP 42 BSDP 0/BBOP 12,102
BSDP (1,2,3) 2,247 COP 49,725
BSDP 0/BBOP 208 Development Division 20,411
COP 1,816 E-Learning 569
Development Division 993 Enhancement Division 6
E-Learning 1 Public Course DN 14
Enhancement Division 1 SER 1,646
Public Course DN 13 SOS 2,415
Public Course LN 1 SRQ 17,456
SER 299 Grand Total 81,848 88,651
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Business Support
Functions Overview
Evaluation of Competency Development Implementation
In evaluating the effectiveness of competency development, BRI uses several assessment aspects, including:
1. Evaluation of Business Impact - Measurement of participant evaluation includes
a. Assessment of the implementation of educational material aspects, accommodation, subject matter
programs on the performance of participants and experts (SME) and facilitators with an evaluation
organizations related to productivity, profitability, value of 97,8. (eva 1- 2).
employee engagement, contribution margin, and others. 3. Evaluation of Efficiency
b. In 2024, the evaluation results for 10 positions in 2024 a. Assessment of the efficiency of education program
are “Positive Impact” on business. implementation based on the number of completions of
2. Evaluation of Effectiveness education programs by participants, cost per education
a. Assessment of the implementation of the education participant, number of educational programs available
program based on reactions, satisfaction, and the level and others.
of mastery of the material by the education participants b. Percentage of employee who have completed their
on the quality of the material or content, the quality education:
of the teachers, learning methods and other matters - In class and/or E-learning: 100% of the total BRI
directly related to the implementation of the education employees 81,848 employees.
program. - In Class: 96,3% of the total BRI employees 81.848
b. The results of the 2024 effectiveness evaluation are as employees.
follows:
- Measuring the increase in knowledge and skills is
carried out after the implementation of education
with the average evaluation result 97,4. (eva 1 - 3).
Competency Development Cost
In 2024, there was a decrease in competency development costs in line with the normalization of the implementation of educational
programs after the pandemic. In 2023, the majority of education programs experienced acceleration to catch up due to the 2020-2022
pandemic, where most education could only be done online.
Entering 2024, the implementation of educational programs resumed at a more stable rhythm, accompanied by efficiency efforts through
the implementation of cluster-based methods and optimizing the role of People Managers in Business units. This step was taken without
reducing the effectiveness and quality of education.
Table of Competency Development Cost (in IDR billions)
2024 2023 2022
795 992 699
Career Development
Policies
In order to develop employee careers, BRI implements the Talent Management System as an integrated BRI talent management
framework that includes 5 (five) stages, namely Attraction, Identification, Selection, Development and Succession.
1. The Attraction Stages, BRI prepared Talent Sources and Talent Channels to attract the best candidates for BRI. Some of the programs
include recruitment programs through Regular Recruitment and Talent Scouting. The Talent Channels designed by BRI were BFLP,
BNLP, BBOP and BMSP.
2. The Identification Stages, is a grouping of BRI employee based on aspirations, individual assessment (annual performance) and
competency, and clustering into the Human Asset Value Matrix and areas of expertise (talent pool).
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3. The Selection Stages, employee were categorized into the succession search process, especially for Key Strategic
talent clusters based on performance and competence. Positions. Some development programs include character,
These results were combined with other supporting scores, professional competencies, leadership competencies, and
including suitability of expertise, additional points from technical competencies.
national and international awards, endorsements, employee 5. The Succession Stages, is the process of selecting candidates
aspirations and other things. This result determined the to be placed as successors through promotion or talent
Employee’s Brilliance Score and included the Employee in rotation in a position, through succession planning. Currently,
the talent pool and list of successors. to become a successor, BRI has developed an application
4. The Development Stages, Workers will be given development to support the Talent Management System at BRI called
programs according to their needs, whether based on talent BRILLIANCE.
clusters, Corporate Titles, or Worker roles. This helps in
Development Program
The Career Development Program for Insan Brillian (Bank BRI Employees) has been prepared by Bank BRI
in line with the Talent Management (Development Program), including BLDP (Soft Competency)
and BSDP (Hard Competency), as well as other development programs.
BRI Talent
Management Attraction Identification Selection Development Succession
Corp Corp Job BNLP/ BWLI BGLP5 BYLI6 BSEP7 BBSP8 BCEP9
BBOP1 BLDP3 BSDP4
Band Title Grade BFLP2
BOD-1 SVP - EVP JG 17-21 BLDP 1 EEP
- SEVP
BSEP
BOD-2 VP JG 15-16 BLDP 2 BSDP 2
BWLI
BOD-3 SM-APV JG 11-14 BLDP 3 BSDP 3
BGLP BBSP
BOD-4 Manager JG 10 BLDP 4 BSDP 4
BYLI
BOD-5 Asst. JG 8-9 BLDP 5 BSDP 5
Manager
BOD-6 JG 6-7 BNLP/ BLDP 6 BSDP 6 BCEP
Officer
BFLP
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)/ Brilian 4. BLDP: Brillian Leader Development Program 8. BBSP: Brilian Bright Scholarship Program
Future leader Program (BFLP) 5. BSDP: Brilian Specialist Development Program 9. BCEP: Brilian Career Enhacnment Program
3. BLDP: Brilian Leader Development Program 6. BGLP: Brilian Global Leaders Program 10. BWLI: BRILiaN Women Leaders Indonesia
BRI also utilized assessment tools which were used as careers through the BRILiaN Development Plan, which is a
identification tools to explore and measure the competencies career and competency development planning program for each
of all employees and also assessed their suitability with the employee to achieve their career goals by preparing a personal
competency requirements for current positions and positions development plan while improving individual and company
to be addressed. A series of systematic development programs performance.
are prepared by BRI so that Insan BRILian can design their own
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Business Support
Functions Overview
BRI Talent Management System
BUSINESS STRATEGY
ATTRACTION IDENTIFICATION SELECTION
Performance ALIGNMENT Talent Committee +
Talent Sources UKER
PEMIMPIN
UKER PEKERJA
Subject Matter Expert
Appraisal UKER
Critical Positions Mapping
Preliminary Talent Mapping
(Using Brilliance)
expertise
field TALENT SELECTION
aspiration
BLFP/BNLP/BBOP
Regular Recruitment Position Output
Aspiration
Output HIGH
Q1 BRILIAN
SOCIENTY
Q4
CAPACITY
SLEEPING
Q2
Talent Channels HIGH IV / UA I / HIPO I / HIPO MODERATED
PROMOTABLE
POTENTIAL
Q5 Q3
MODERATE IV / UA II / CR II / CR LOW
UNFIT CONTRIBUTOR
HIGH MODERATED LOW
LIMITED V / LC III / KC III / KC PERFORMANCE
BRILian BRILian BRILian BELOW MEET EXCEED
Final Talent Cluster
Future Next Banking
Talent Cluster
Leader Leader Officer
Program Program Program Risk Management
Risk Management
RMA Talent Available :
RMA Talent Available :
COP
COP
Risk Management
Risk Management AMA Talent Available :
AMA Talent Available :
Final Talent Pool by Corporate Title and
Final Talent Cluster Expertise Field
List of Successor Candidate List of Successor
Selection proses include Talent Review which conducted
regulary to review talent with career problems.
Regular Talent Committee (Talent Committee 1 sd 5).
Digitalized process with
Digitalized process with Brilliance Digitalized process with Brilliance
E-recruitment
CULTURE COMPETENCY FRAMEWORK GRADE EQUIVALENCE
BUSINESS RESULTS
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BUSINESS STRATEGY
DEVELOPMENT SUCCESSION
HIGH
Q1 BRILIAN TALENT COMMITTEE
SOCIENTY
Q4 To Choose candidates & succesor
CAPACITY
SLEEPING Q2
MODERATED
PROMOTABLE
Q5 Q3
LOW
UNFIT CONTRIBUTOR
HIGH MODERATED LOW
PERFORMANCE
Talent Cluster
Risk Management
RMA Talent Available :
COP EA ME SE 5,1 ME SE 5,1 EA ME TG 5,1
Risk Management
AMA Talent Available :
Andi Budi Candra
Talent Pool by Corporate Title Position Head of Division/CLO Position Head of Division/CLO Position Head of Division/CLO
and Expertise Field
Uker Policy Division ... Uker Business Division ... Uker Operational Division ...
City Executive Vice President City Executive Vice President City Executive Vice President
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
Age 52 years 7 months Age 51 years 6 months Age 54 years 2 months
MKCT 1 years 3 months MKCT 1 years 5 months MKCT 1 years 0 months
MKJ 1 years 3 months MKJ 1 years 3 months MKJ 1 years 0 months
MKU 1 years 3 months MKU 1 years 3 months MKU 1 years 0 months
ASC Ready Now/2,92 ASC Ready Now/3,33 ASC Ready Now/2,83
EA Employee Aspiration BEA Award Winner BRILian Society Member
Management Endorsement
ME (1&2)
CA Culture Agent T5 Top 5 BLDP Ranking
SE Successor Endorsement
1-on-1 For Critical Position Pool Based For other Position
Digitalized process with BRISMART Digitalized process with Brilliance
PERFORMANCE COMPENSATION & BENEFIT CAREER MANAGEMENT IR HCIS
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Business Support
Functions Overview
Development Program
In line with this development concept, Insan BRILian will go through a series of education to develop their potential to become a Great
Talent & Great Leader in accordance with the BRILiaN Development Journey, namely:
1. BRILiaN Banking Officer Program (BBOP): Educational 7. BRILiaN Bright Scholarship Program (BBSP): Education
program to prepare new workers at the Corporate Title program for BRI Permanent Employees to pursue Masters’
Assistant level so they can provide the best performance in Degree sponsored by the company. BBSP targeted Insan
accordance with operational standards and values at BRI. BRILian who owned the desire to continue studying in the
2. BRILiaN Relationship Manager Program (BRMP): an education Top 30 best universities in the world.
program designed to prepare employees for marketing 8. BRILiaN Young Leader Indonesia (BYLI): A development
positions at the Corporate Band 6 or Junior Manager level, program for selected young Insan BRILian that provided
to develop the potential of employees as RM Specialists for career acceleration opportunities and exclusive development
Small & Medium Businesses. so that Employees could master the competencies,
3. BRILiaN Future Leader Program (BFLP): Educational knowledge and skills needed to become Indonesia’s Young
program to prepare new employees from external sources at Leaders.
the Corporate Title Officer level so they can provide the best 9. BRILiaN Leader Retirement Program (BLRP): Education
performance in accordance with operational standards and program to prepare employees before entering retirement
values in the BRI Group. period by providing knowledge, insights, and skills needed
4. BRILiaN Next Leader Program (BNLP): Educational program to undergo retirement. The preparations carried out have
to prepare new workers from internal sources at the Corporate thoroughly covered legal, economic, social, and psychological
Title Officer level so they can provide the best performance in aspects.
accordance with operational standards and values at BRI. 10. BRILiaN Women Leaders Indonesia: An internal development
5. BRILiaN Global Development Program (BGLP): Special program aimed at selected BRI female officials as a forum for
development program to prepare Top Talents who are learning about women’s leadership and networking.
members of BRILiaN Society Member (BSM) Band 3
(Corporate Title at Senior Manager/Assistant Vice President Career Development Implementation
level) and Band 4 (Corporate Title at Manager level) as Global
candidates Leader who has competence and global business In 2024, BRI has carried out several career development initiatives
insight. To achieve this goal, one of the agendas in this as follows:
program is to present global speakers who are professionals 1. BRILiaN Banking Officer Program (BBOP) with 15,752
in their fields. employees.
6. BRILiaN Society Elite Program (BSEP): Special development 2. BRILiaN Relationship Manager Program (BRMP) with 191
program to prepare Top Talents who are members of BRILiaN employees.
Society Member (BSM) Band 2 (Corporate Title at Vice 3. BRILiaN Future Leader Program (BFLP) with 76 employees.
President level) and Band 1 (Corporate Title at Executive Vice 4. BRILiaN Leader Retirement Program (BLRP) with 425
President/Senior Vice President level) in prepare yourself to employees.
act in a more complex Leader role. This program collaborates
with global companies to present world-quality speakers.
Performance Assessment
Policy
The individual performance management process at BRI A. Performance Planning Stage (Planning)
is packaged in a series called BRI Continuous Performance 1. It is a process for determining employee performance
Management (BRICORE). BRICORE is a continuous process targets, in this stage an agreement is reached between
carried out during the performance period and through 3 the employee and the appraiser and ensures alignment
(three) stages, namely planning, managing and evaluating. The between the employee’s performance targets and the
performance management process (managing) is a continuous business unit’s performance targets.
process throughout the period (continuous) which is manifested
in Courageous Performance Dialogue (CPD). The cycle in question
is depicted in the following illustration:
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2. This stage is not only carried out at the beginning of the b. Provide the best solution or effective feedback
performance period (beginning of the year) or at the for obstacles/problems related to Employee
beginning of the worker’s assignment to a new position/ performance.
field of duty and Business Unit, but can be carried out c. Provide appreciation for employee performance
periodically if necessary as long as it is in line with the achievements so that they can achieve the next,
Business Unit’s performance targets. more challenging targets.
3. Determination of these performance targets 3. CPD is carried out continuously throughout the
(performance objectives & behavior objectives) is performance period with explanations:
contained in the performance plan for each employee. a. Mandatory (compulsory) is carried out at the
B. Performance Evaluation Stage (Evaluating) beginning of the performance period (carrying
1. The process for preparing and carrying out performance out performance planning) and at the end of the
evaluations, including reviewing performance performance period (conducting performance
developments and comparing performance achievements evaluation).
with established performance targets. b. Optional is carried out outside of the mandatory
2. Evaluations can be carried out by each employee during implementation according to the needs of each
the performance period; it can be quarterly, semi- worker or if the worker shows indications of declining
annually or annually. performance as indicated by signs: unsatisfactory
3. Performance evaluation is carried out in the context of work quality, low initiative, refusing work, increased
performance monitoring (performance check-in) and complaints, defensiveness, or avoid more challenging
performance appraisal. work.
4. The performance appraisal of each worker (Performance
Appraisal) is in the form of an Individual Performance EFFORTS TO ENHANCE PERFORMANCE
Score (IPS) which has taken into account reductions One of the ways BRI manages performance at the company,
(penalties) resulting from disciplinary penalties in business unit, and individual level is through the Performance
accordance with applicable regulations. Management process. This aims to ensure that individual
5. To avoid performance evaluations that are less than performance aligns with company performance, motivates
objective, employee should avoid the following employees to focus on achieving targets, and supports the
conditions: creation of optimal performance outcomes.
a. Halo Effect, performance evaluation that is based
only on the outstanding positive traits of the The company evaluates the overall individual performance
employee being evaluated. management process, including the management of employees
b. Horn Effect, performance evaluations that are with performance below the minimum required standards
based only on the prominent negative traits of the (underperformers). In managing underperforming employees, BRI
employee being evaluated. has a Performance Bootcamp program, which aims to optimize
c. Leniency, appraisers tend to easily give good employees so they can perform according to the minimum
evaluations to employee. standards required by the company.
d. Strictness, appraisers tend to find it difficult to give
good evaluations to employee. In 2024, BRI re-implemented the Performance Bootcamp. During
e. Central Tendency, appraisers tend to give evaluations the Performance Bootcamp process, the company provided
that are in the middle position (between good and various support as follows:
bad). 1. Buddy Support: A Buddy is selected by the Unit Leader.
f. Recency Error, Appraisers tend to provide 2. Training: Training is conducted both online and offline.
evaluations of employee’ work performance in the 3. Mentoring: Mentoring is done directly by the supervisor or
last/recent period (not overall performance during relevant unit leader.
the assessment period). 4. Coaching: Coaching is provided by the supervisor or an
C. Courageous Performance Dialogue (CPD) internal certified coach at BRI.
1. It is a two-way communication activity between employee 5. Counseling: involves a counselor appointed by the Company.
and appraisers in the form of effective and constructive The Performance Bootcamp Batch A Stage 1 was conducted
feedback to obtain continuous improvement in individual in August 2024. The results showed that out of a total of
performance and processes inherent in all stages of 1,370 participants passed (with performance exceeding 90%
BRICORE. of the set target), which is 35% of the total participants in PB
2. The implementation of CPD is well planned (dedicated Batch A. This indicates an increasing trend in the number of
time) with a purpose: participants passing the PB compared to the previous year.
a. Employee know their role and contribution to the Based on these evaluation results, it can be concluded that
achievements of the Business Unit. the PB program has improved employee performance.
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Implementation of Performance Assessment
BRI uses the MyCore application as a supporting tool to support of the Worker’s Individual Performance Score (IPS). The results of
the implementation of BRICORE at the Individual level. The the 2024 IPS are still in the assessment process and the results
application is used by Workers from the performance plan input will be out in Q1 2025, but in 2023 the total number of Workers
stage to the performance evaluation process. The Company’s who received an Exceed assessment was 21%.
good performance achievement is also indicated by the alignment
Remuneration
Policies
BRI’s remuneration system is structured based on several health programs. These healthcare facilities are provided to
main principles, including internal fairness, namely providing both employees and their family members. Additionally, the
remuneration according to competency and ability as well as remuneration given to BRI employees includes:
position responsibilities, externally competitive (peers), and 1. Fixed compensation is given to employee based on their
paying attention to strategy, business development and the position and/or work agreement. Fixed pay includes basic
Company’s capabilities. This principle is implemented as a basis wages and allowances.
for achieving the main objectives of the remuneration system, 2. Variable compensation (variable pay) is given to employee
namely attracting potential employees (attract talent), retaining based on performance achievements.
competent employees (retain talent) and maintaining employee 3. Benefit: facilities provided to ensure security and comfort
motivation to always provide their best performance (motivate while working, during employment and retirement. Work-
talent). The application of these principles is an important factor period benefits include healthcare maintenance programs.
in building the Company’s brand image as The Dream Company to 4. Other ad-hoc compensation, such as stock ownership (ESA
Work in the Financial Industry, thereby increasing the Company’s dan ESOP).
competitiveness in the competition to win the best talent. a. Employee Stock Allocation (ESA)
Remuneration at BRI does not differentiate between gender (male Granted in four phases to all employee levels who meet
and female employees), does not differentiate between race, the criteria, including tenure, individual performance,
religion and ethnicity as regulated in concerning Regulations on and track record.
Wages for PT Bank Rakyat Indonesia (Persero) Tbk employees. b. Employee Stock Option Plan (ESOP)
Offered as a stock purchase option at a special price for
The BRI Remuneration System is implemented by providing certain employee levels categorized as BRI’s Top Talent
monthly wages, adjusting the amount of wages every year using meeting performance and capacity/potential criteria.
the merit increase method, Religious Holiday Allowances, Annual
Leave Allowances, and Long Leave Allowances which are given Implementation of Remuneration
every 6 (six) year work period.
In 2024, Bri provided Short-Term Incentives for Marketers to
Apart from that, BRI also provides bonuses to employees as a form of motivate them to achieve company targets, enhance productivity,
appreciation and increases employee motivation to perform better and serve as a form of recognition/ reward. Regarding the
in the future. Bonuses can be given in the form of Annual Bonuses payment period, the 2024 Shrt-Term Incentives for Marketers
using the bonus pool concept. The bonus pool aims to support the are distributed quarterly to Mantri and Relationship Managers
implementation of a performance-driven culture, namely by ensuring (RM). To be eligible for Short-Term Incentive, marketers must be
that bonuses are in line with individual performance achievements permanent employees, having a minimum tenure of one month
and business unit performance, as well as instilling collaborative during the evaluation period, and still be actively employed at the
values between individuals in a business unit, considering that the time of incentive payment.
achievement of Business unit performance will have a direct impact
on individual bonuses in the business unit. Short-term incentives are also provided specifically to marketers
to enhance their motivation and productivity, ensuring they
Concerning official facilities, BRI provides housing assistance, deliver their best performance and exceed the company’s
official residences, company vehicles, and a vehicle ownership business targets. Additionally, these incentives help maintain the
program. BRI also offers healthcare facilities that include competitiveness of marketers’ compensation compared to the
dental care, maternity care, outpatient care, general medical market (peers). Moreover, Bri offers employee stock ownership
check-ups, eyeglass reimbursement benefits, and retirement to increase the value of Bri’s shares and strengthen employees’
438 PT Bank Rakyat Indonesia (Persero) Tbk
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sense of belonging. Stock ownership is granted through the productivity and promote the implementation of Good Corporate
Employee Stock Allocation Program (ESA) and the Employee Governance (GCg), which is expected to impact BRI’s stock price.
Stock Option Plan (ESOP). These programs are designed to boost
Pension Program
Policies Additionally, during the retirement preparation period, employees
are entitled to entrepreneur education provided by the company
BRI always strives to improve employee welfare both during the to help them transition into retirement. This education is delivered
active period and at the end of the employment relationship through the BLRP (BRILiaN Leader Retirement Program) which
through benefit programs which include: prepares employees before retirement by equipping them with
1. BPJS Health Care Insurance Program (BPJS Kesehatan) knowledge, insights, and skills essential for navigating their post-
2. Ld Age Guarantee Program (BPJS Ketenagakerjaan) retirement life.
3. Pension Security Program (BPJS Ketenagakerjaan)
4. Sion Health Care Program (Prospens) Implementation of Pension Program
5. Defined Benefit Pension Program (PPMP)
6. Fined Contribution Pension Prgram (PPIP) The company has implemented the BLRP (BRILiaN Leader
7. Old Age Allowance Program (THT) Retirement Program) for employees approaching retirement.
As of September 2024, a total of 603 BRI employees have been
enrolled in BRI’s retirement preparation development program.
Human Capital Information System
Human Capital Management has to be supported by systems BRI conducted a soft launching of BRILiaN Apps Mobile Version
and technology to provide easy access and enhance a more 1.1 featuring several updates, including:
comfortable employee experience. The Human Capital 1. Revamp UI/UX
Directorate measures the Human Capital Information System 2. BRILiaN Digital Office (DiO)
(HCIS) maturity level to conduct gap analysis and prioritize HC 3. BRILiaN Profile
BRI business processes that can be automated. 4. BRILiaN Attendance
5. BRILiaN HC Catalog
Currently, BRI continues to upgrade its HC systems, including 6. BRILiaN Consultant
BRILiaN Apps, which is set to become the main application for 7. BRILiaN Notification, Broadcast, dan Pop Up Blocker
BRI employees following the planned disposal of BRISTARS. 8. BRILiaN Connect
BRILiaN Apps is now designed with enhanced security in its login
mechanism. Employees can access BRILiaN Apps via the web and BRILiaN Apps Mobile Version 1.1 is available for both Android and
mobile. iOS.
Culture Internalization
BR’s transformation focuses on two main areas: Digital and fostering a productive and dynamic work environment, and
Culture (Corporate Culture). Corporate Culture is considered ensuring a consistent and measurable transformation, BRI Group
a fundamental pillar for achieving its Vision and Mission undertakes various efforts to internalize and implement Work
and integrating it into its overall strategy. Recognizing the Culture Initiatives.
importance of shaping employees’ character and behavior,
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Internalization and Initiative Implementation of Work Culture
Every Insan BRILLIAN individual The existence of Culture Agent Coordinator
understands the company’s core values and Culture Agent led by all Business Unit
and behaviors. Bank BRI focuses on leaders as Bank BRI Culture Leaders who
internalizing and strengthening core are able to become role models for all
values and work culture artifacts. With Strengthening Promoting Employees.
the internalization of core values, it is BRI Values Role Model
hoped that each Business Unit will be
led by one who cares about the activities “I Understand” “I See It”
of internalizing the values of Bank
BRI’s work culture, as a result, forming
employee actions and behavior that are in
BRIONE
accordance with Bank BRI’s Core Values.
PERFORMANCE
CULTURE
DRIVEN CULTURE
The company provides tools and It is the development of employee skills
monitoring systems in terms of managing and competencies and material related to
work culture to make it more systematic. the internalization of work culture which is
Competence
Bank BRI focuses on building a culture Management & Skill
integrated in each Employee Development
management system, both in terms of
policies, business processes, control
Systems Development
Program (BFLP, BLDP, BGLP, etc.). Bank BRI
focuses on efforts to develop competencies
systems and performance measurement and skills to ensure the leaders and
systems. This system, hopefully, can “I Have System” “I am Capable” employees competencies are in line with
encourage bank BRI employees towards Bank BRI’s Work Culture (Culture Fit).
behavior that is in line with Bank BRI’s
Core Values.
Internalization of Akhlak in BRI Group
Culture Activation Program BRI Excellence Awards
In implementing a performance-driven culture (Performance BRI Excellence Award (BEA) is one of the highest forms of
Driven Culture), during 2024 all BRI Business Unit, both at the recognition given byBRI to employees and business units that
Head Office Division level down to the Branch Offices, designed consistently deliver outstanding performance in achieving the
and implemented a Culture Activation Program (CAP). This company’s set targets. This award reflects BRI’s aspiration to be
Program is an initiative program related to Work Culture that the Home to the Best Talent. BRI Excellence Award (BES) aims to
had an impact on performance achievement in each Business motivate employees and business units to exceed the company’s
Unit. The Culture Activation Program (CAP) was initiated and targets healthily and sustainably, encourage innovation, and
designed by each Business Unit and was a joint commitment in foster a Champion Culture. In 2024, the BRI Excellence Award
the Business Unit. (BEA) was presented to the best-performing business units and
employees based on their achievements in 2023.
Culture Team
BRI’s Culture Transformation Journey
In order to optimize the management of BRI Corporate Culture
and the implementation of BRI One Culture in Business Unit, an BRI’s Cultural Transformation Journey covered a number of
active role is needed from the Culture Team to become a role activities and programs carried out to support transformation to
model in internalizing BRI’s work culture values. The Culture encourage achievement Performance Driven Corporate Culture.
Team consists of a Culture Leader (CL), Culture Agent (CA), and
Culture Agent Coordinator (CAK) whose role is to ensure the
success of the culture program which encourages behavior to
improve performance.
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2024 Annual Report
Responding to Covid continued at the beginning
BRI launched BRILiaN as Core Values which is Internalization of Core Values through the of the end of the pandemic through the
accompanied by an artifact builder to support Culture Transformation Movement and through implementation of the Core Values AKHLAK,
the internalization and employee awareness the development of culture tools (policy, BRILiaN Belief, and BRILiaN Ways. Strengthening
process (BRILiaN Logo, Gesture, Symbol, wellbeing: BRI Community, BRILiaN Center, and culture internalization through HC Stream
Campaign). Culture Program). (recruitment, HC Development, Performance
Management, and others).
Culture Program Culture Program
BRILiaN Shine, BEA, Sportartcular, CA Campaign, BRILiaN Rookie Buddy, Culture Policy CASCL, Culture Program
Symbolic Activation. TOT CA, Data Mindset, BRI Xtraordinary, and New way of worong, Culture Activation Program,
others. Micro Excellence, BRIGade Madani, BRILiaN Fight
Covid, BRILiaN Sahabat UMKM
BRILiaN
(BRI Lima Nilai)
Launch as Core Values AKHLAK
Core Values Internalization
Culture Transformation BRI One Culture
• Integrity Core Values Launch, BRILiaN
• Professionalism Movement
Belief, & 8 Key Behaviors (BRILiaN
• Trust Ways)
• Innovation
• Customer Centric
2016-2017 2018-2019 2020-2022
2023 2024
Strengthening Culture Implementation
through Sharpening Capability Building
The sustainability of culture internalization
Define behavioral guidance in each function, Culture is ensured through the synergy of BRI Group and the alignment of
Activation Program enhancement, Leaders Capability measurable corporate culture internalization.
Building program, and strengthening BRI One Culture
infrastructure.
Enhancement of strengthening the Culture BRI Group Culture Synergy under the AKHLAK Culture Journey guidelines from
Activation Program in business unit (business, The alignment of BRI’s Group corporate culture is KBUMN, ensuring the effective internalization of
support, operational risk and service excellence), carried out through the guidance culture program culture across all business units.
strengthening sales culture & capability. development and the establishment of cultural
infrastructure, aiming to strengthen the culture Internal Communication
Culture Program transformation movement within BRI Group. Initiatives to strengthen communication, both
CAP enhancement & monitoring in all top-down communication and bottom-up
Branch Offices, Risk Culture, Branch Office Culture Measurement communication, are implemented to ensure
Head bootcamp, BRILiaN Transformation BRI conducts an Employee Engagement Survey to employees’ understanding and effectively manage
Leaders Program, and alignment of Culture measure employee engagement, commitment, and information from business units.
Infrastructure across all Performance Areas (PA). willingness to contribute more to the company’s
growth. Additionally, a Culture Barometer Survey is Culture Program
carried out to evaluate the internalization of BRILiaN BRILiaN Well-Being Program, AKHLAK Culture
Wyas and the implementation of a performance- Journey, Culture Agent Development, BEA,
based work culture. These assessments are designed Sportartcular, EMBRIO & Innovation Challenge.
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Information Transparency for Employees Human Resources Management Structure
The information transparency carried out by BRI’s Human Capital The management of HC at BRI is carried out by divisions under
Directorate for BRO Group employees includesthe dissemination the supervision of the Directorate of Human Capital and the
of policies. In 2024, BRI conducted a socialization of the Human Sub-Directorate of Human Capital strategy. In September
Capital General Policy (HCGP). This socialization was carried 2024, the Directorate of HC BRI underwent reorganization with
out by BRI’s Human Capital Directorate to its subsidiaries. The changes in the names of divisions, the establishment of the HC
initiative aims to provide an overview of the Human Capital Transformation Team function, the transfer of several functions
General Policy, serving as a guideline for subsidiaries in managing between divisions within the Directorate of HC, and the transfer
human resources effectively. of supervision of the Culture Transformation division from the
Directorate of Finance to the Directorate of Human Capital.
The Human Capital General Policy (HCGP) is based on the
standardization of human capital management policies by The BRI Human Capital Directorate oversees two divisions:
establishing uniform knowledge, skills, and employee behavior Human Capital Business Partner 1 and Human Capital Business
in alignment with global conditions and the company’s business Partner 2. BRI’s HC Strategy Sub-Directorate oversees three
dynamics. The HCGP is designed to serve as a foundation for divisions and one team, namely Human Capital Strategy & Policy,
human capital management plans and strategies, a guideline Corporate University, Culture Transformation, and Human Capital
for developing policies and procedures related to human Transformation Team.
capital, and a standard reference for supervising human capital
functions across all entities within the BRI Group. The HGCP Here is the breakdown of the authority of each division:
covers provisions related to parenting style, HC maturity level, 1. Human Capital Strategy & Policy Division
and human capital management (HC lifecycle), which consists of: a. HC Strategy & Planning
1. Human Capital Strategy b. HC Policy, Governance & Quality Assurance
2. Human Capital Planning c. Reward Policy
3. Reward d. Individual Performance Management
4. Career Management e. Talent Management Strategy & Development
5. Resourcing f. Career & Succession Planning
6. Onboarding g. HC Technology
7. Learning 2. Human Capital Business Partner 1
8. Development a. Strategic Business Partner
9. Performance Management b. Career & Succession Implementation
10. Industrial Relation c. HC Advisory, Solutions, Alignment, & Integration
11. People Analytics d. Workforce Planning & Fulfilment Plan
12. HC Information System e. Regional HCBP Team
13. HC Communication 3. Human Capital Business Partner 2
14. Offboarding a. Recruitment & Assessment
b. Employer Branding
With the release of this policy, it is expected to address the c. HC Operations, Information System, & Administration
Company’s challenges in managing human capital while d. Industrial Relation Policy
adapting to changing expectstions regarding capabilties and 4. Corporate University
competencies on the future. a. Learning & Development
b. Lembaga Sertifikasi Profesi
5. Culture Transformation
a. Culture Transformation Strategy & Policy
b. Culture Activation & Implementation
c. HC Communication & Employee Experience
6. Human Capital Transformation Team
a. HC Orhestration, Integration, and Alignment
b. HC Management Audit/Assessment
c. HC Strategic Initiatives Development
d. Coordination & Implementation of HC Strategic
Initiatives
e. Monitoring & Evaluation of HC Strategic Initiatives
Implementation
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Human Capital
Human Capital Strategy
Human Capital Human Capital
Business Partner 1 Strategy & Policy
Human Capital Corporate
Business Partner 2 University
Culture
Transformation
Human Capital
Transformation Team
Human Capital Work Plan 2025
In 2025, Human Capital BRI will focus on several initiatives within Another initiative of Human Capital BRI 2025 is improving the
the corporate plan Brivolution 3.0. This is related to the plan to management of low-performing employees and integrating
transform the company culture into a more customer-centric human capital management systems to support the refinement
and purpose-driven model, improving performance and talent of the human capital operating model.
management, recruitment processes, and strengthening Human
Capital BRI’s role as a more active strategic business partner, Human Capital BRI will review workforce planning through
collaborating with business owners and ensuring the alignment strategic workforce planning focused on business segments.
of human capital strategies with business strategies. The focus Additionally, there is an urgency to strengthen leadership roles
and aspirations of Human Capital BRI 2025 are expected to and competencies among leaders as people managers. Enhancing
address dynamic challenges and competition through HC work leaders’ roles as people managers is expected to increase their
programs that align with human capital and business strategies. responsibility in employee development and management, which
Furthermore, Human Capital BRI is expected to become a will positively impact performance. Therefore, work programs are
business enabler capable of addressing business aspirations and needed to increase awareness and capabilities among leaders
needs. regarding their roles.
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Information
Technology
DIGITAL AND INFORMATION TECHNOLOGY DIRECTORATE SUMMARY
Guided by the GREAT framework (an acronym for Groom integrates BRI services with third-party digital platforms,
Breakthrough Innovation, Resilience IT Platform, Excel such as Pegadaian Digital. In addition, the AI-based virtual
Data-driven Organization, Agile 10x Governance, and assistant Sabrina handles 40% of incoming messages to
Transform Digital Talent), BRI continues the implementation BRI Contact Center, serving 8.3 million interactions per
of the IT Strategic Plan 2021-2025 as part of the BRIvolution month with a satisfaction rate of 80.5%, an increase of
2.0 vision. In 2024, the strategy is focused on developing 15.3% from the previous year. The Work Instruction Search
three key areas: ComposableX Resiliency, ComposableX Engine (WISE) also helps more than 17,000 frontliners with a
Open Banking, and ComposableX AI/ML, to strengthen IT solution search efficiency of up to 66%.
architecture, expand digital innovation, and improve data-
driven decision making. In terms of infrastructure, BRI strengthened the Data Center
capacity to support critical services through an active-active
During 2024 BRI recorded extraordinary numbers in digital strategy, improving downtime risk mitigation and service
transaction growth, where 98.85% of our total transactions stability. BRI’s data center is designed according to Uptime
were carried out through digital channels, and the remaining Institute’s Tier-III standard.
1.15% of BRI’s total transactions were carried out at BRI
branches or business units. In IT governance, BRI recorded a maturity score of 4.66 out of
5.00 based on COBIT 2019 by the guidelines of the Ministry of
Apart from these figures above, BRI’s Digital & IT Directorate SOEs. BRI has also completed 100% room for improvement
also succeeded to record several achievements for 2024. for IT governance throughout 2024. In addition, BRI’s digital
BRImo became one of the applications with new user capabilities also recorded Level 2 maturity based on SE OJK
growth of 22.12%, with total transactions and transaction No. 24/SEOJK.03/2023 concerning Assessment of the Digital
volume increasing by 40.54% and 34.57% in 2024. In terms Maturity Level of Commercial Banks.
of infrastructure, BRImo could also maintain availability
at 99.98% and success rate at 99.96%. The growth of our In the aspect of cybersecurity, BRI adopts Zero-Trust
open API utilization, BRIAPI has been utilized in more than Architecture and Enterprise Security Architecture based
23 types of digital ecosystems with more than 1,000 total on the NIST Cyber Security Framework. Since 2018, the
partners. information security unit under the Digital & IT Directorate
has been led by an internationally certified CISO to ensure
In the innovation aspect, we are strengthening our support system security proactively and continuously. BRI also
for financial inclusion with Banking-as-a-Service (BaaS) which recorded a Cyber Security maturity score on a scale of 3.63.
Master Plan and Information Technology Strategy
BRI’s Information Technology Strategy in 2024 refers to BRIvolution 2.0 and ITSP BRI 2021-2025 which are compiled based on the GREAT
framework as follows:
1. Groom Breakthrough Innovation: In 2021-2022, BRI built 2. Resilience IT Platform: In 2021-2022, BRI implemented
a foundation that supports business capability-based Enterprise Architecture Management (EAM) with an aim of
omnichannel platforms to ensure all services can be aligning IT architecture with business needs and increase IT
integrated and then continuously develop these platforms. resilience by implementing an Active-Active Data Center. In
BRI also adopted automation in several business processes. 2023-2024, it focused on implementing a secure, reliable,
Then in 2023-2024, BRI focuses on optimizing open banking and agile composable architecture, and in 2025, it will focus
and building a digital ecosystem, and in 2025 improving on a next-gen platform aimed at business growth.
customer experience by focusing on next-gen open banking.
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3. Excel Data-driven Organization: In 2021-2022 BRI owned approach, and in 2025 it is expected to produce fully agile
a robust data privacy and data protection system. In 2023- products.
2024 BRI will continue to improve AI (Artificial Intelligence) 5. Transform Digital Talent: In 2021-2022 BRI has run the Digital
capabilities in platform development at BRI, and in 2025 it Talent War Room initiative to achieve the vision of becoming
is expected to become The Best-in-Class Data & Analytics in Home To The Best Talent. In 2023-2024 BRI focuses on
increasing BRI Cross-selling. Employee Value (EV) so that it can attract the best IT talents,
4. Agile 10x Governance: In 2021-2022 BRI created an agile so that in 2025 BRI can focus on developing BRI talents into
operating model and governance. In 2023-2024 BRI will Digital Natives.
focus on agile DevSecOps with a critical product or journey
Fintech Credit Scorign
Collaborations Analytics CUSTOMER
ENGAGEMENT
1
Other bank Account
APIs Opening
CREDIT 2
Available & Reliable UNDERWRITING
Scalable (with Cloud)
ANTI FRAUD &
RISK ANALYTICS 3
Cross-industry
Merchants
partnership SMART SERVICES
& OPERATIONS 4
Components Decoupling Payment Leading /
network credit platform
Platforms/Apps/ Extending bank’s outreach Strengthening Al outcome
Infrastructure must through partnerships with effectiveness for select use
be highly available & major ecosystems (both for cases
consistently reliable retail and wholesale) (i.e. Churn, Cross- Sell,
(i.e. capacity planning, MTTR (i.e. API for wholesale, deeper Upsell, Scoring)
at 1-2 Hour/Available at integration with BVI investee)
99.99%, measured as total - Continuously adding useful
achieved per year) Explore new business model data sources to DataHub
and revenue stream and improve data literacy of
Focus on reducing technical (e.g. Wealth Investment, stakeholders
debt and accelerate Banking-as-a-Service, (i.e. SSA adoption, BRIOne
components decoupling White- label Mobile Banking, program)
(i.e. in alignment with Integrated SME Solutions with
strategic focus) Majoo) Personalized interaction
with customers
Actively introducing new Human Centered UX, focus (i.e. Product Bundling, Robo-
capabilities to provide on daily needs through the Advisor for Wealth Planning)
end-to-end IT operational lifecycle of customers
monitoring and capacity (e.g. Deeplink, NLP Smart
building Search, Voice Interaction,
(i.e. Cloud Adoption, ITSM BRImo ID)
Implementation)
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In 2024, the Directorate of Digital & Information Technology 2. ComposableX Open Banking, which expands business potential
concentrated its development on 3 (three) focus areas with the through technology utilization and innovation exploration
theme Composable to the Power of X ( ), as follows: through BRIAPI, as well as an increased role in the ecosystem
1. ComposableX Resiliency, which maintains and aligns through embedded finance and Banking-as-a-Services.
capabilities and capacities through strengthening Enterprise 3. ComposableX AI / ML, which encourages increased utilization
Architecture, process efficiency, application integration, of analytical data and products to support data-driven
improving cybersecurity, and implementing active-active DC, decisions and recommendations with high accuracy through
High Availability, and cloud adoption strategies to increase the use of BRIBRAIN and Master Data Management (MDM)
agility, flexible resiliency, and sustainability. which is extended to the BRI Group.
Information Technology Innovation
Banking-as-a-Service (BaaS)
To realize BRI’s strategic direction to expand financial inclusion, BaaS emerged as a solution that allows BRI services to be used through
integrated technology and third-party platforms. BaaS development not only aims to increase the accessibility of banking services but
also to encourage digital ecosystem innovation. The initial implementation was carried out with the integration of BRI services on the
Pegadaian Digital platform.
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Conversational Banking
For service improvement, BRI developed Sabrina as a virtual Sabrina has been integrated with BRImo so customers can
assistant solution based on Artificial Intelligence (AI). Sabrina find out account balance information and account mutation
is an innovative solution for text and voice-based interaction. information through Sabrina. Sabrina is also one of the frontliners
Sabrina is designed to fulfill the needs of customers, especially in facilitating customer questions and complaints regarding
in the micro and ultra-micro segments, who are still largely banking services provided by BRI.
dependent on cash transactions, have limited knowledge of
financial products, and need financial institutions that are
trusted and locally relevant.
Balance Inquiry 1 Trx History Inquiry 2
Create Use Local
Ticket Complaint
3 Language to Interact
4 Merchant Location 5
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A total of 40% of the number of messages entering the BRI In addition to the implementation of AI for customer-facing
Contact Center was successfully handled by Sabrina. Every services such as Sabrina, the utilization of AI is also done through
month, as many as 8.3 million interactions are carried out by the Work Instruction Search Engine (WISE), a work guide search
Sabrina to help customers. This good performance is supported by tool that makes it easier for front liners to access information and
a satisfaction survey where 80.5% of users expressed satisfaction service solutions quickly and accurately. WISE has been accessed
with the services provided. This figure increased by 15.3% from by more than 17,000 frontliners, with an average of 3,000 search
the 2023 milestone. activities per day. Moreover, WISE also helps the solution search
time from an average of 15 minutes to less than 5 minutes,
increasing time efficiency by 66%.
Information Technology Infrastructure
BRI has demonstrated a strong commitment to strengthening that complies with international Tier-III standards. With this new
its technology infrastructure by increasing the capacity of all infrastructure, BRI’s DCs are designed to ensure the availability
major data centers. This initiative aims to support the growing of operational services according to Uptime Institute’s Tier-III
needs of business expansion while ensuring the sustainability of standards.
technology-based operations.
Furthermore, the capacity increase is also carried out to support
Along with the increasing IT workload requirements and the the active-active data center strategy, which allows all BRI DCs
strategic role of BRI’s Data Center (DC) in supporting the to operate simultaneously and support each other as backups.
Company’s critical operations, as well as with the increasing IT Increased capacity in all DCs will strengthen BRI’s position as
workload requirements and design capacity that has approached the bank with the best IT infrastructure in Indonesia. This project
its optimal limit, BRI undertook an initiative that focused on not only supports sustainable business growth but also ensures
expanding operational capacity. The project included the reliable and competitive services to support customer needs in
addition of new mechanical and electrical equipment and the the digital era.
implementation of a clean agent-based fire protection system
Information Technology Governance
Data Management Cyber Security and Disruption
BRI is committed to continuously protecting personal data To deal with the development of digitalization and the increasing
through a series of technical procedures and organizational threat of cyber attacks, since 2018, BRI has established a special
policies to prevent unauthorized or unlawful access, collection, business unit under the Digital & IT Directorate to handle
use, disclosure, copying, alteration, and deletion. BRI realizes that information security. This unit is led by an experienced Chief
personal data is a valuable asset that must be safeguarded. To Information Security Officer (CISO) with certifications such
maintain the trust of stakeholders, BRI safeguards and protects as Certified Information System Auditor (CISA) and Certified
the personal data we obtain. BRI understands the importance of Information Systems Security Professional (CISSP). BRI also
privacy as a fundamental right and is committed to complying adopts the NIST Cyber Security Framework-based Enterprise
with all applicable legal provisions. Implementation of personal Security Architecture as the main guideline in cybersecurity
data protection for every personal data processing activity in development.
the data lifecycle includes collection, processing, storage, and
destruction of personal data. BRI also consistently develops cybersecurity strategies through
the implementation of Zero-Trust Architecture. This approach is
designed to improve overall system security, with the principle
of limiting access and connections based on Role-based Access
Control (RBAC).
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Foundation of Zero Trust
Environment
Application
Network /
Workload
Identity
Device
Data
Visibility and Analytics
Automation and Orchestration
Governance
Moreover, the compliance of various aspects of Cyber Security Active-Active Data Center (AADC) configuration requires network,
Control as mandated in the Decree of the Ministry of SOEs storage, network, computing, and virtualization architecture
No. SK-275/MBU/11/2024 on the Priority of Cyber Security components and application components that work together. The
Implementation in the SOE Environment has been carried out availability and operability of applications during infrastructure
through the Cyber Security Special Unit routinely through failure in one of the data centers is a major factor. The recovery
various forms of work program implementation. These include plan is well-crafted and prepared so that it is strengthened by a
asset maintenance, access rights restrictions, and audit log document that describes the mapping between the current state
management, to backup and disaster recovery processes. of the application and the mapping of infrastructure required to
fulfill the planned architecture as well as a test execution plan
BRI has a cyber security policy that regulates BRI’s information carried out consistently.
security bank-wide. This cyber security policy is prepared based on
international standards ISO27001: 2013, PCI DSS, and regulatory Each application uses a DRP strategy according to the level
policy POJK No. 38/POJK.03/2016 concerning the Application of criticality and technological capabilities of the application
of Risk Management in the Use of Information Technology by system. Fulfillment of the capability gap is done to ensure that
Commercial Banks. The following is the flow of response to the active-active configuration process runs well. During 2024, IT
disruptions, vulnerabilities, and attacks on BRI services in the recovery testing has been carried out on 10+ applications at all
Computer Security Incident Response Team (CSIRT) at BRI, from BRI Data Centers.
pre-incident planning to post-incident evaluation and reporting.
Follow-up on Audit Results and /
Service Continuity and IT Recovery Test (Disaster Recovery) or Assessment of IT Implementation
There is potential for damage, disruption, or malfunction Referring to the provisions stipulated by the Ministry of SOEs,
of information technology infrastructure due to things that BRI has conducted an assessment of the maturity level of IT
cannot be avoided and predicted, such as natural disasters, implementation utilizing the COBIT 2019 framework with an
man-made disasters, and disasters due to system failures. BRI’s achievement of 4.66 on a Scale of 5. The assessment is carried
current strategy to improve the resilience of IT systems against out for the period 2023, with the fulfillment process and / or
disasters is through data centers that are actively configured follow-up in 2024. Throughout 2024, BRI has fulfilled 100% of
to maintain availability when a disaster occurs and testing the the total room of improvement found. The fulfillment includes
running of the Disaster Recovery Plan (DRP). This also supports process improvement and IT Governance.
the implementation of service-based DRP between data centers
using active-active configuration.
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Business Support
Functions Overview
Additionally, BRI’s digital capabilities also recorded Level 2 with 7 (seven) initiatives will continue as Business As Usual (BAU).
maturity based on Financial Services Authority (OJK) Circular On the other hand, 5 (five) long-term initiatives will be completed
Letter Number 24/SEOJK.03/2023 concerning Assessment of by 2025 with 2 (two) other initiatives entering the advanced
Commercial Bank Digital Maturity Level. In this assessment, BRI development phase.
achieved a quality score of “Satisfactory” in all 8 (eight) domains
of the Bank Digital Maturity assessment. Evaluation Results on the Effectiveness of IT Implementation
BRI through the Digital & IT Directorate ensures that every IT
Evaluation Results of IT Strategic Plan Implementation implementation has been carried out properly and results in
The IT Strategic Plan 2024 consists of 14 Strategic Initiatives increased performance effectiveness, both in business, process
to improve capabilities to support business acceleration and improvement, system capability improvement, and compliance
reliability. These initiatives include increasing capacity and with applicable regulatory needs. In addition, key IT-related risks,
capability, optimizing data management and AI, expanding digital including disruption, cybersecurity, and disaster recovery have
services, and strengthening cybersecurity. Overall, the Strategic been identified and well-managed in an integrated manner with
Initiatives have run well according to the target milestones set the risk management framework.
Information Technology Management Structure
Digital & Information
Technology Directorate
Operations
Sub-directorate
IT Strategy & Application Enterprise Data
Digital IT Infrastructure & Information
Enterprise & Quality Management &
Innovation Operations Security
Architecture Management Analytics
To address increasingly complex needs and improve the 2. Application Management & Quality Division
quality of Information Technology services, BRI’s Digital & IT This division manages application development while
Directorate (DTI) has conducted a comprehensive evaluation ensuring the quality of applications used by BRI through a
of its organizational and operational structure. The results rigorous quality assurance process. The role of this division
of this evaluation resulted in a strategic step in the form of a is crucial in ensuring that the applications developed meet
reorganization aimed at strengthening DTI’s capabilities in performance, security, and efficiency standards.
supporting BRI’s various digital transformation initiatives. 3. Digital Innovation Division
This division focuses on exploring and developing innovations
DTI now consists of 6 (six) supporting divisions, each with based on the latest technology and new business models.
specialized functions that complement each other to support With a proactive approach, this division leads strategic
comprehensive Information Technology management: innovations aimed at accelerating digital transformation
1. IT Strategy & Enterprise Architecture Division across BRI’s business lines.
This division is responsible for formulating the Information 4. Enterprise Data Management & Analytics Division
Technology strategy, developing enterprise architecture, and As the center of BRI’s data management, this division is
developing IT procedures and processes in line with BRI’s responsible for the entire data cycle, from architecture to
internal policies and external regulations. The main focus of customer data handling. The division also leads analytics
this division is to ensure that BRI’s IT strategy supports the initiatives based on advanced technologies, such as artificial
achievement of the company’s business objectives. intelligence (AI) and machine learning (ML), to support data-
driven decision making.
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5. IT Infrastructure & Operation Division As part of its good governance efforts, BRI has also established
This division ensures the operational sustainability of BRI’s IT the Information Technology Steering Committee. This committee
infrastructure, including applications, networks, data center is assigned to provide strategic direction and recommendations
facilities, computing systems, and satellites. With a focus on to the Board of Directors regarding information technology
reliability and efficiency, this division supports the smooth planning, governance, development, and operations. The
running of BRI’s daily operations. establishment of this committee is regulated through Board of
6. Information Security Division Directors Decree Number: 96-DIR/PPM/01/2024.
This division has primary responsibility for maintaining
information and data security, including the implementation This evaluation and reorganization step reflects BRI’s
of various initiatives to improve cyber security. This role is commitment to ensuring Information Technology becomes
critical in maintaining customer trust and protecting the the main pillar that supports corporate transformation while
company’s digital assets. adapting to the challenges and opportunities in the digital era.
Information Technology Work Plan 2025
The Digital & IT Directorate has a significant role, not only as a BRI’s vision, as stated in BRIvolution 3.0, to become “The Most
supporter of smooth business operations but also as a driver of Trusted Lifetime Financial Partner for Sustainable Growth”, has
business progress through improving Information Technology been used as the basis for formulating the strategic direction of
(IT) capabilities. In the era of fierce competition, this role is key to Information Technology.
the success of digital transformation across BRI’s business lines.
Drive innovation and business growth
for BRI Group by launching personalized
and secure digital solutions
Digital business contribution
#1 in NPS1 70% Service Reusability Rate
(65% of active user and IDR245 tn SA) 2
1 2 3 4 5
Excellent Unified data Future-proof, Composable Empowering
customer management and Fit for purpose, capability solution Innovative
engagement analytics to unlock secure & scalable to enable rapid environment for
through innovative the value of data tech to ensure innovation and future-fit digital
hyper-personalized resiliency & delivery talents journey
solutions robustness
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Functions Overview
The Digital & IT Directorate aspires to “Drive innovation and business growth for BRI Group by launching personalized and secure digital
solutions” to support BRI’s vision through its strategic role in the Digital & IT sector. To realize this aspiration, five key pillars have been
identified as the focus of BRI’s IT capability development, designed to ensure competitiveness and business sustainability.
1. Excellent Customer Engagement through Innovative 4. Composable Capability Solutions to Enable Rapid
Hyper-Personalized Solutions Innovation and Delivery
Utilizing data, advanced analytics, and artificial intelligence Conducting technology development with a flexible modular
(AI) to create solutions tailored to customer interaction and components approach to accelerate the product development
transaction patterns. This focus aims to improve customer process efficiently. This approach allows innovative solutions
experience through a more personalized and relevant to be launched quickly, according to dynamic business needs.
approach.
5. Empowering an Innovative Environment for Future-Fit
2. Unified Data Management & Analytics to Unlock the Value Digital Talent Journey
of Data Creating a work environment that creates a productive,
Integrate customer data and other supporting data to innovative, and future-oriented work culture. This pillar
support fast, accurate and data-driven decision making. is designed to develop digital talents ready to face the
This strategy is also designed to increase BRI’s competitive challenges of modern technology while strengthening the
advantage through the utilization of data as a strategic innovation ecosystem at BRI.
asset.
These five pillars become the strategic foundation of the Digital
3. Future-Proof, Fit-for-Purpose, Secure & Scalable & IT Directorate in supporting BRI’s digital transformation while
Technology to Ensure Resiliency & Robustness ensuring success in achieving the company’s vision as The Most
Adopting and strengthening technology that is fit for Trusted Lifetime Financial Partner for Sustainable Growth.
purpose, secure, and scalable so that BRI is able to adapt
to challenges and innovations quickly without sacrificing
efficiency or system reliability. This pillar ensures that BRI’s
technology is future-ready and supports resilient operations.
PERFORMANCE SUMMARY OF THE RETAIL FUNDING & DISTRIBUTION DIRECTORATE
Aligned with the initiative to further strengthen retail 2. The addition of 5 (five) Smart Branches at Jakarta Stock
banking capabilities, BRI consistently provides quality Exchange Branch, KAI Bandung Station Cash Office,
financial services to maintain customer experience in Tunjungan Plaza Cash Office, Serpong Raya Cash Office,
transactions. Strengthening is carried out across all aspects, and G-Walk Surabaya Cash Office.
from the moment customers come to transact at easily 3. The addition of 2 (two) Community Branches at
accessible service points, whether through self-service and BRIWork at Universitas Indonesia and Universitas Katolik
assisted self-service via electronic machines, to prompt and Parahyangan which are accessible by students.
accurate assistance provided by frontline staff, and including 4. The rejuvenation of 2 (two) E-Buzz units operating in
complaint management that focuses on a customer-centric Jabodetabek area. These E-Buzz units offer services such
approach. as Video Banking, Digital CS, Deposit and Withdrawal
ATMs, and Universal Banker personnel to cater to
To provide a superior service and transaction experience customer needs.
to customers, throughout 2024, BRI continued to expand 5. By 2024, there were 7 (seven) Flagship Branches and
the implementation of its branch network with specialized 19 Smart Branches in various cities across Indonesia,
formats, including : accessible to customers. In addition, there were 6 (six)
1. The addition of a Flagship Branch at Bumi Serpong Community Branches located within universities, and
Damai branch. 4(four) additional community branches in the form of
BRICafes to serve customers.
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In addition to branches with special formats, BRI continues was able to handle 40,11% of interactions across all Contact
to uphold its commitment to supporting financial literacy in BEI channels with a user satisfaction rate of 80,50% and has
coastal and island regions. In line with the development of received several awards, including:
banking technology and changes in customer preferences, 1. Mata Lokal Award 2024: Best in Personalization Strategy.
in December 2024, BRI launched the Teras BRI Kapal Nera 2. IDX Channel Anugerah Inovasi Indonesia 2024 (ICAII):
Seva service as an enhancement to replace the Teras BRI Special Award for Product & Business Model Innovation for
Kapal Bahtera Seva which had been operating in the Komodo Virtual and Anti-Fraud Services.
Labuan Bajo Islands area since 2017. Teras BRI Kapal Nera 3. Bank Service Excellence Monitor (BSEM) MRI 2024: The
Seva was designed with greater flexibility to reach coastal Best for BRI Chatbot Service (Sabrina).
and island communities, utilizing a speedboat-based
vessel, unlike its predecessor which used a larger ship with To foster innovation and enhance complaint services that
lower range and speed capabilities. This new service offers meet customer experience expectations, BRI actively
operational efficiency while remaining effective in providing participated in the Contact Center competition at the Asia
services to the coastal and island populations. Pacific and national levels. In the Best Contact Center Asia
Pacific competition, BRI won the Bronze Medal for the
To strengthen the customer journey for self-service Technology Innovation category. Meanwhile, in The Best
transactions, BRI has also enhanced the features and Contact Center Indonesia 2024 competition, BRI achieved
reliability of its transaction-supporting machines. The 4th Runner Up with a total of 22 medals, consisting of 9
expansion and improvement of these machines are as Platinum Medals,2 Gold Medals, 5 Silver Medals, and 6
follows: Bronze Medals, with the following details of awards :
1. Enhancing the capabilities of the Digital CS Machine, 1. The Best Contact Center Indonesia 2024 (ICCA)
which previously could only handle account opening, a. Platinum – The Best Operations
debit card printing, and passbook printing. It now offers b. Platinum – The Best Business Contribution
services such as debit card issuance, PIN reissue, and c. Platinum – The Best Employee Engagement
account statement printing. Furthermore, the UI/UX d. Platinum – People Development
has been enhanced to improve the customer service e. Platinum – Technology Innovation
experience. f. Platinum – Best of The Best Manager
2. Re-engineering of the Cash Recycle Machine (ATM for g. Platinum – Agent Inbound
deposit and withdrawal) to improve its reliability and h. Platinum – Agent Email
expand its features, making it even easier for customers i. Platinum – Customer Service Onsite
to make cash deposits. j. Gold – The Best Customer Experience
k. Gold – The Best Digital Media
BRI is also committed to continually improving the quality l. Silver – Data Analytics
of services across its entire network and customer complaint m. Silver – Scheduling
channels by prioritizing a customer-centric approach to n. Silver – Supervisor
maintain customer trust. The improvements have made it o. Silver – Telemarketing
easier for customers to submit complaints via self-service, p. Bronze – Team Leader Customer Service
including the BRImo app and the Sabrina Chatbot on q. Bronze – Desk Control
WhatsApp. In addition to the Help Center in the BRImo app r. Bronze – Best of The Best Supervisor
and the Virtual Assistant Sabrina, BRI has also Voice Over s. Bronze – Best of The Best Team Leader Inbound
Internet Protocol (VOPI) with internet connectivity. This t. Bronze – Agent Premium
service offers superior voice quality and a broader, more u. Bronze – Back Office
stable network reach. 2. The Best Contact Center Asia Pacific (APAC) 2024, held in
Singapura
Virtual Assistant Sabrina continues to be developed to Bronze– Technology Innovation Category
enhance customer experience and satisfaction. Sabrina can
now provide more personalized services, including balance Bri’s efforts to maintain consistent service to meet various
checks, account transaction history, creating and checking customer transaction needs have also been recognized in the
complaint status, deactivating BRI Debit Cards, branch “Bank Service Excellence Monitor (BSEM)” and “Satisfaction
service reservations, and information on ATM locations, Loyalty Engagement (SLE)” surveys. The surveys conducted
BRI Branches, BRILink Agents, as well as recommendations by the research institution MRI in collaboration with Infobank
and attractive promotions from nearby BRI merchants. As a magazine show an improvement in performance across
result of the improvements made throughout 2024, Sabrina several service aspects, as reflected in the following awards:
PT Bank Rakyat Indonesia (Persero) Tbk 453
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Business Support
Functions Overview
Bank Service Excellence Award: of people, processes, and systems. After six months of
1. The Best untuk Layanan Mobile Banking BRI (BRIMO) implementation across all BRI business units, a performance
2. The 2nd Best Opening Account via Website improvement in customer complaint handling was observed.
3. The 2nd Best Contact Center On average, the handling time of customer complaints
4. The 3rd Best Digital Channel saw a 5% reduction in Average Handling Time (AHT) and
a 22% improvement in Service Level Agreement (SLA)
Satisfaction, Loyalty, Engagement Award: compliance. The First Contact Resolution (FCR), which refers
1. The Best Bank In Satisfaction, Loyalty, Engagement to complaints resolved during the first interaction, increased
2025 by 3,8% compared to the period before the implementation.
2. The Best Bank in Customer Engagement From the customer perspective, survey results show that the
3. The Best Bank in Marketing Customer Engagement willingness of customers to recommend BRI’s complaint-
4. The Best Bank in Customer Centricity Index handling service increased by 5%, and customer satisfaction
5. The Best Bank in Customer Resilience Level with the complaint-handling service improved by 7%
6. The Best Bank in Brand Interactivity Index following the implementation.
7. The Most Satisfying Bank in Mobile Banking
8. The 2nd Best Bank In Customer Loyalty In addition, as part of its effort to deliver an excellent
9. The 2nd Best Bank in Net Promoter Score customer experience, BRI consistently standardizes the
10. The 2nd Most Satisfying Bank in ATM Service quality and capabilities of services across all work networks,
11. The 2nd Most Satisfying Bank in Services helpdesk services, and contact center services to ensure
12. The 3rd Best Bank in Customer Satisfaction business support for business units and resolution of
13. The 3rd Most Satisfying Bank in Teller Service customer complaints. BRI will focus on creating a reliable
14. The 3rd Most Satisfying Bank in Customer Service support system as a business enabler by improving the quality
of network management, including offices, e-channels,
To understand customer satisfaction, loyalty, and and services, with a particular emphasis on strengthening
engagement with the company, BRI also measured the Net complaint-handling management and enhancing capabilities
Promoter Score (NPS) and Customer Engagement Index in through upskilling for front liners, universal bankers, and
collaboration with third-party experts in the field. The survey middle managers.
results show that the various improvements made by BRI
have strengthened customer attachment and increased their In its effort to achieve excellent customer experience by
willingness to recommend BRI to others. This is reflected in providing products and services that exceed the expectations
BRI’s NPS achievement of 64, which surpasses the 2024 and needs of customers, BRI has also implemented Market
target of 49.69. Additionally, BRI’s Customer Engagement Conduct. In addition to protecting customers using BRI’s
reached 4.67, exceeding the target of 4.55, demonstrating products and services, the implementation of Market
the positive outcomes of BRI’s efforts. Conduct also enhances customer satisfaction, loyalty, and
engagement, and serves as a key strategy to ensure the
As part of its effort to enhance the customer experience, security and orderliness of banking activities, as well as the
improvements are not only made in front-office services sustainability of BRI’s business.
but also in back-office operations. Continuous improvement
is carried out by enhancing business processes and Regarding this, as part of its implementation, BRI proactively
accelerating the resolution of customer complaints through ensures that its Services, Product Agreements, Financial
the application of Artificial Intelligence (AI) and Robotic Literacy, and Inclusion, as well as Customer Data Protection,
Process Automation (RPA) to monitor the Service Level comply with applicable laws and regulations. This is
Agreement (SLA). essential to provide a positive customer experience for every
customer, encourage awareness, ability, and independence
Since 2024, BRI has also started implementing innovations in protecting themselves, avoiding negative access to a
to improve the quality of customer complaint handling, product, and anticipating misunderstandings and conflicts
or Customer Handling Management, covering the aspects in the future.
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2024 Annual Report
PERFORMANCE SUMMARY OF FIXED ASSET MANAGEMENT AND PROCUREMENT
Fixed Assets Management & Procurement (FAMP) has inventory requests for official residences, handling
consistently implemented the Fixed Asset Management and complaints related to residence damages, and providing
Procurement Architecture, “FAMP Bluebook 1.0”, which direct access via smartphones for official residence
includes a structured and systematic framework, roadmap, occupants).
and development direction for the management and
procurement of fixed assets for the 2021-2025 period. One Throughout 2024, FAMP has carried out 25 (twenty-five)
of FAMP’s strategic commitments, which is also aligned with asset optimizations, consisting of 7 (seven) abandoned assets
BRI’s Corporate Strategy for 2024-2026, is the Digitalization and 18 (eighteen) underutilized assets. Additionally, FAMP
of FAMP as a form of support for the implementation of the remains committed to supporting programs initiated by the
Excellent Enabler strategy (Operational Support Reliability). Ministry of State-Owned Enterprises (BUMN) that are relevant
In 2024, FAMP has digitalized business processes through to FAMP’s scope of work, including the utilization of Domestic
various applications and platforms, as explained below: Products (PDN) and participation in PaDi (Pasar Digital)
1. E-Procurement Application: Development of an end-to- UMKM. According to Presidential Instruction No. 2 of 2022,
end procurement system integrated with BRI’s existing FAMP has actively contributed to increasing the utilization
Surrounding Systems to facilitate data and information of Domestic Products (PDN) in the procurement of goods
exchange between other systems and the e-Procurement and services conducted by BRI. In 2024, the realization of
system. PDN utilization at BRI amounted to IDR13,080,814,380,938,
2. Enhancement of the Online Vendor Registration (TDR) representing 95.90% of BRI’s total procurement. Meanwhile,
Application: Development of an Integrated Vendor the utilization of Local Content Level (TKDN) at BRI reached
Management system to support the procurement IDR10,354,032,051,039, accounting for 75.91% of total
ecosystem by providing a vendor management system procurement. Regarding PaDi UMKM spending, in 2024, BRI
based on Vendor Risk Rating (Performance, Sustainability, conducted 10,856 B2B transactions with a total transaction
& Partnership). volume of IDR247.53 billion and 10,137 E-Proc transactions
3. Enhancement of the Procurement Information System with a total transaction volume of IDR13.639 trillion.
Application: Development of an Integrated Procurement
Business Process will be fully digital through the FAMP consistently implements the Environmental, Social,
improvement of procurement processes. and Governance (ESG) concept within its scope of work, in
4. Support and Service Application: Implementation of a accordance with Financial Services Authority Regulation No.
No-Code Platform with features including Carpooling 51/POJK.03/2017 on the Implementation of Sustainable
Application (a platform for managing travel requests Finance for Financial Institutions, Issuers, and Public
by connecting BRI’s vehicle pool facilities with BRI Companies. Furthermore, FAMP adheres to BRI’s internal
Division employees), Expedition Tracking Application (a regulations, as outlined in Board of Directors Circular Letter
system for monitoring BRI’s shipment deliveries from No. 31-DIR/PLM/05/2022, dated May 30, 2022, regarding
multiple expedition vendors), and Official Residence Fixed Asset Management and Procurement Based on ESG
Needs Fulfillment Application (a platform for managing Principles.
PT Bank Rakyat Indonesia (Persero) Tbk 455
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Corporate Governance 456 PT Bank Rakyat Indonesia (Persero) Tbk.
Page 459
“BRI advances the quality of governance implementation by considering stakeholders’ interests for sustainability aspects, which are manifested by the affirmation of the integrated capabilities and actualization of corporate integrity. The company’s efforts to create good governance are a commitment to foster sustainability that aims to maintain its existence as a trusted and reliable company.” PT Bank Rakyat Indonesia (Persero) Tbk. 457
Page 460
Corporate
Governance
The company’s competency in establishing financial growth requires supports by the effectiveness of governance implementation in
terms of creating sustainable performance. Also, the good governance quality encourages the company to continuously consider a
prudent aspect in every business activity. Top management’s commitment to the implementation of governance is the key foundation
for the company to forwardly develop a better governance implementation.
The company’s integrated capabilities are formed by improving the structure and governance process, while considering best practices
in the industry that emphasize on corporate transparency, implementation of check and balance functions, and the effectiveness
of corporate strategies. This measure is to support the sustainability of the company’s contribution to stakeholders, which includes
the national economy. In 2024, BRI adjusted its corporate governance policy, encouraged the implementation of anti-bribery in the
internal and external environment. In addition, it also complied with the ASEAN Corporate Governance Scorecard standardization-based
disclosure, and satisfied recommendations from the trusted independent parties.
The quality of governance implementation is measured through the company’s achievements, which are the results of assessments by
independent parties of the company. Standardization and assessment methods are aspects that become a priority in measuring the quality
of governance implementation. In 2024, BRI could achieve mature and superior quality of the industrial governance implementation.
Implementation of Corporate Governance
With Company Performance
Top 50 Big Capitalization Public Listed Company and The Corporate Governance Perception Index (CGPI)
1 3
Best Overall Big Capitalization category awards in the ranking, which was conducted by The Indonesian Institute
GCG implementation, which was held by The Indonesian for Corporate Governance (IICG). BRI achieved the
Institute for Corporate Directorship (IICD) at the 15th IICD predicate of the “Most Trusted”.
Corporate Governance Conference and Awards 2024.
In the Corporate Governance Perception Index (CGPI) ESG Rating Assessment from S&P Global in 2024 with
2 4
ranking of Subsidiaries, there were 2 (two) BRI Subsidiaries a score of 75, placing BRI as a Sustainability Yearbook
that received the predicate of the “Most Trusted”, and Member
4 (four) Subsidiaries that received the predicate “Trusted”.
T E G OVE T E G OVE
RA RA
O
O
RN
INDONESIA
RN
CORP
CORP
INDONESIA
MOST
ANCE
ANCE
TRUSTED
COMPANIES TRUSTED
OD
OD
COMPANIES
0
29
GO 2 00 2 GO 2
2
AWARD 2 20
AWARD AWARD
458 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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. The implementation of BRI’s good corporate governance
aims to.
1. Help the Company achieve its vision and mission to become “The Most Valuable Banking Group and Champion of Financial Inclusion
in South East Asia”.
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.
5. Realizing the creation of good corporate citizen.
Corporate Governance
Implementation in 2024
In 2024, 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 the
predicate “Most Trusted Companies” in the Corporate Governance Perception Index assessment, Top 3 PLC In Indonesia award in the
ASEAN Corporate Governance Scorecard, and other awards. In addition, BRI also conducted a self-assessment of the implementation
of Governance quantitatively in terms of maturity value and GCG self-assessment, which its value obtained a good predicate.
3. Strengthening the Anti-Bribery and Corruption program through strategic measures, including the Integrity Assessment Survey
(SPI) conducted by the Corruption Eradication Commission of the Republic of Indonesia (KPK-RI), Surveillance Certification of
ISO 37001:2016 Anti-Bribery Management System in the procurement of goods and services aspect, and PELOPOR education for
prospective Anti-Corruption Counselor (PAKSI) candidates.
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 and the updating process
in the Anti-Bribery Management System.
Quality Improvement Plan of
Corporate Governance Implementation in 2025
In 2025, to improve the quality of Governance implementation, 4. Implementation of ISO 37001:2016 Anti-Bribery Management
BRI has prepared the following plans: System surveillance.
1. Implementation of Governance Self-Assessment, individually 5. Participating employees, who have passed the Anti-
and for the BRI Group financial conglomerates. Corruption Counselor Candidate Training (PELOPOR) in the
2. BRI Group participation in the Good Corporate Governance Anti-Corruption Counselor Certification Program (PAKSI).
(GCG) ranking/assessment. 6. Re-participating in the Integrity Assessment Survey (SPI) and
3. Satisfaction of the ASEAN Corporate Governance Scorecard following up on the recommendations given based on the
(ACGS) implementation. assessment results in 2024.
PT Bank Rakyat Indonesia (Persero) Tbk 459
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Corporate
Governance
Basic Implementation of
Corporate Governance
BRI’s implementation of governance is based on compliance with applicable regulations, stakeholder aspirations and the Company’s
needs. Apart from that, BRI also implements corporate governance referring to best practices applicable in the financial industry. Several
regulations that form the basis of guidelines for implementing good corporate governance at BRI include:
1. Law of the Republic of Indonesia concerning Capital Market, Limited Company, and Banking;
2. OJK Regulation (POJK) and Circular Letter of OJK Regulation (SEOJK), mainly regarding Governance, Annual Report, Risk Management,
and Publication.
3. Regulation of the Ministry of State-Owned Enterprises concerning Guidelines for Governance and State-Owned Enterprises Organs.
4. Corporate Governance Principles developed by Organization for Economic Cooperation and Development (OECD).
5. ASEAN Corporate Governance Scorecard (ACGS) version 2024, issued by ASEAN Capital Markets Forum (ACMF).
6. General Guidelines for Indonesian Corporate Governance (PUGKI), developed by the Governance Policy National Committee (KNKG).
7. GCG Guidelines for Indonesian Banking, developed by the Governance Policy National Committee (KNKG).
8. Principles for Enhancing Corporate Governance, issued by Basel Committee on Banking Supervision.
Sustainably Good Corporate Governance
Implementation
BRI has pillars of good corporate governance, including to the implementation of Good Corporate Governance, BRI has
governance commitment, governance structure, governance a Good Corporate Governance Policy (GCG Policy/Charter) which
process and governance outcomes. These four pillars are applies to all BRI organizations and people, namely PT Bank
realized in the Bank Governance Organ, which consists of Rakyat Indonesia (Persero) Tbk General Corporate Governance
the General Meeting of Shareholders (GMS) and the Board of Policy No. KU.02-DIR/KEP/10/2023 dated October 10, 2023
Commissioners and Board of Directors. Each organ has a vital Book 1 concerning Governance and Compliance of PT Bank
role in ensuring and striving for the implementation of good Rakyat Indonesia (Persero) Tbk. GCG Policy/Charter which was
governance. It is manifested in the implementation of functions, formulated based on BRI business developments, evaluation
duties, and responsibilities of each organ for the interest of Bank of previous guidelines and GCG best practices covering 4 (four)
in performing business activity in accordance with Articles of governance aspects, namely commitment, structure, processes
Association and applicable statutory. As a form of commitment and results which are described in the following chart:
460 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Framework of BRI Corporate Governance
Independent Function
Governance Outcome
Risk Management, Internal Control, Standardized and quantitatively
Compliance Director, Independent measurable results
Commissioner
SUSTAINABLE GOVERNANCE
GOVERNANCE STRUCTURE GOVERNANCE PROCESS
General Meeting of Shareholders Business Process Activities
Line
1st
Board of Commissioners and Committees Compliance Management System
Line
2nd
Board of Directors and Committees Risk Management and Internal Control
Internal Audit
Line
3rd
Company Internal Policy
Information Technology Strategic Planning and Performance Management
CULTURE Corporate Culture Risk Culture Compliance Culture
COMMITMENT Articles of Association Vision and Mission Code of Ethics Shareholder Expectation
External Regulations: Laws, OJK Regulations, SOE
GOVERNANCE PRINCIPLES Ministerial Regulations, etc. Best Practices: ACGS, CGPI, PUGKI, OCEG, ICOFR, etc
Support System
Always updated policies and reliable systems
Commitment
Check and Balance Function The company’s commitment to uphold
the implementation of governance
Functions of the Board of Commissioners Committee:
Nomination & Remuneration, Integrated, Management, Risk & Audit Three Lines Model
Functions of the Board of Directors Committee: Separation between first, second and
Asset and Liability Committee (ALCO), Risk Management, Capital & Investment Committee, Credit Policy Committee, third line functions
Information Technology Steering Committee, Procurement Committee, Human Capital Committee, Product Committee,
Project Management Office Steering Committee, ESG Committee
GCG Principles and Implementation Formulation
To ensure the implementation of quality GCG, BRI forms a joint commitment from management and employees to make GCG as the
foundation in exercising their business and operational activities. The commitment of the Board of Directors, Board of Commissioners,
and BRILiaN personnel is drafted into vision and mission, which are supported by values, such as the company’s code of ethics and work
culture.
The commitment is supported by policies based on sectoral provisions and aspirations of shareholders. It aims to realize the company’s
vision and mission, optimally. The company also builds a governance assessment mechanism based on the standardized indicators and
through a trusted appraisal institution.
Ultimately, the manifestation of corporate transparency, implementation, processes and efforts in establishing good corporate
governance is disclosed through corporate publications, both in annual reports and corporate websites. The purpose is to increase
understanding to stakeholders of the structure, processes, and results of applicable governance at BRI.
PT Bank Rakyat Indonesia (Persero) Tbk 461
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Corporate
Governance
GCG principles formulation to support BRI’s sustainable performance activities is described as follows:
1 TRANSPARENCY
Transparency in presenting information and
decision making
2 ACCOUNTABILITY
NCY
Clarity of function and implementation of
A RE
accountability of bank organs
NSP
ACCOUNTABILITY
TRA
FA
IR 3 RESPONSIBILITY
EQ NES
UA S A
RES
LI ND
TY
PON
Compliance of bank management with laws and regulations
C E and the principles of healthy bank management
S
EN
IBIL
ND
PE
ITY
E
I ND 4 INDEPENDENCE
Professional bank management without influence/
pressure from any party
5 FAIRNESS AND EQUALITY
Fairness and equality in fulfilling stakeholders’ rights
Implementation of Good Corporate Governance based on Indonesian Corporate Governance
As a manifestation of the Board of Directors’ and Board of Commissioners’ commitment in improving the quality implementation of
Good Corporate Governance, the Company implements the Corporate Governance standards issued by the Governance Policy National
Committee (KNKG), such as the General Guidelines for Indonesian Corporate Governance (PUGKI). This adoption is to support the
Company in continuously adapting to the latest developments related to good corporate governance. It includes social and environmental
responsibility based on the principles of sustainable development, implementation and transparency of the duties of the Board of
Directors and Board of Commissioners, effectiveness of anti-fraud management strategies, and implementation of codes of ethics and
conflicts of interest.
BRI confirms the Implementation of Good Corporate Governance through the implementation of 4 (four) pillars of Corporate Governance
Principles, which is stated in the 2021 General Guidelines for Indonesian Corporate Governance (PUGKI), which has been updated by the
Governance Policy National Committee (KNKG).
462 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Implementation of Good Corporate Governance Principles
Pillar Explanation Implementation at BRI
Ethical Behavior In performing its activities, the 1. BRI, conducting company activities, always upholds Ethical Behavior, which is
corporation always prioritizes honesty, manifested through the existence of policies related to ethics that regulate
treats all parties respectfully, fulfills the Bank Code of Ethics and the Employee Code of Ethics, guidelines related
commitments, builds and maintains to culture that regulate risk culture, compliance and corporate culture. In
moral values and trust consistently. addition, to maintain employee moral values and stakeholders’ trust, BRI
The corporation pays attention to the implements prevention through the following measures, as follows:
interests of shareholders and other a. Effectiveness of Anti-Fraud Strategy.
stakeholders based on the principles of b. Gratification Control Program.
fairness and equality and is managed c. Anti-Money Laundering Program, Prevention of Terrorism Funding and
independently. Hence, each company the Proliferation of Weapons of Mass Destruction
organ does not dominate each other and d. Availability of Whistleblowing System complaint channels
cannot be intervened by other parties.
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 1. The Company has guidelines for the Board of Directors and the Board of
its performance in a transparent and fair Commissioners in exercising their duties and obligations. The guidelines
manner. Therefore, the corporation must include meeting rules, voting mechanisms, guidelines for conflicts of interest
be managed properly, measurably, and management, and so forth.
in accordance with corporate interests, 2. The availability of a check and balance from the implementation of the
while considering shareholders’ and Directors’ duties. The Directors are responsible and independent from the
stakeholders’ interest. Accountability is supervision of the Board of Commissioners.
a pre-requisite for achieving sustainable 3. The Company has an accountable and adequate governance structure
performance. 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.
Transparency To maintain its objectivity in conducting 1. BRI establishes corporate transparency based on provisions and best practice
business, the corporation provides in industry. BRI also has Business Units, specifically managing corporate
material and relevant information in communication to each stakeholder, comprising of:
easily accessible and understandable a. Corporate Secretary, being responsible to broadly establish the
manner by stakeholders. Then, the company’s reputation publicly.
corporation takes the initiative to b. Investor relation, assigned to maintain better relationship with
disclose, not only issues required by shareholders.
laws and regulations but also any c. Service & Contact Center as well as Marketing Communication, realizing
significant issues for decision-making by the company’s products and services transparency to customers.
shareholders, creditors, and stakeholders. 2. BRI discloses information punctually, accurately, and sufficiently, including
compliance aspect to the provisions related to disclosure and reporting to
regulator and the interested party.
3. BRI has a directed policy and communication system through reliable channel
and it contains recent development 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 : BankBRI
• Instagram : @bankbri_id
• Twitter : @kontakBRI, @promo_BRI, @bankbri_id
• Youtube : BANK BRI
c. Artificial Intelligence-based Chatbot: Sabrina (via Facebook messenger
and WhatsApp/telegram at 081-212-14017
Sustainability The Corporation complies with laws and 1. The Company implements governance based on applicable laws and
regulations and commits to perform its regulations and is not limited to sectoral regulations in the banking
responsibilities towards society and the sector, but also regulations related to capital markets, soundness business
environment in order to contribute to competition, and provisions regarding State-Owned Enterprises.
sustainable development with relevant 2. BRI has a committee at the Directors level and Business Units that specifically
stakeholders. It is to improve their lives manages Environmental, Social & Governance aspects to ensure that the
suitably with business interests and the company›s commitment to sustainability has been implemented properly.
sustainable development agenda. 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
strength the company›s commitment to environmental sustainability.
PT Bank Rakyat Indonesia (Persero) Tbk 463
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Corporate
Governance
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 built to ensure that the implementation of the Company’s governance principles can run effectively with
clear roles and responsibilities so as to create a monitoring 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 Asset and Liability Committee
(ALCO) SECRETARY
BOARD OF AUDIT COMMITTEE
COMMISSIONERS COMPANY
Capital & Investment Committee
NOMINATION Human Capital Committee
INTERN AUDIT
COMMITTEE
UNIT
AND REMUNERATION Information Technology Steering Committee
RISK MANAGEMENT Procurement Committee
COMPLIANCE
OVERSIGHT
UNIT
COMMITTEE Credit Policy Committee
Product Committee
INTEGRATED GOVER- RISK MANAGEMENT
NANCE COMMITTEE UNIT
Project Management Office Steering Committee
Risk Management Committee
EXTERNAL AUDITOR
SUPPORT ORGANS Environmental, Social & Governance (ESG) Committee
*explanation of each organ can be found in each sub-chapter in the Annual Report
464 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Governance Infrastructure
Corporate Governance Infrastructure
Based on BRI Board of Directors Circular Letter No. SE.21-DIR/KPD/05/2023 dated May 31, 2023, regarding the Establishment and
Management of Policies & Procedures, the hierarchy of Policies & Procedures is illustrated as follows:
1. General Policy is the regulation of the Company’s activities and/or business, outlined in a framework of philosophy and/or
fundamental principles, and is strategic, high-level, and long-term in nature.
2. Implementation Guidelines (PP) are regulations that contain business process standards/explanations of activities or product
regulations and generally applicable provisions. The Implementation Guidelines may also include implementation stages for related
functions/organizations, authorities and responsibilities, product specifications, target markets, and terms and conditions.
3. Standard Operating Procedure (SOP) is a more detailed regulation regarding individual work processes in a systematic and detailed
manner, including an explanation of who (the executor), does what (the activity performed), and how (the procedure). The Standard
Operating Procedure may also include detailed operational guidelines such as the use of systems/applications and activities
considered critical within the Division/Desk..
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 32 dated April 22,
2024, 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 April 23, 2024.
Implementation of the 1. The Board of Commissioners has Work Guidelines and Regulations, which is ratified in the Decree of the BRI Board
Directors’ and Board of of Commissioners Number 06-KOM/05/2024 dated May 28, 2024.
Commissioners’ duties 2. BRI’s Board of Directors has established the Guidelines and Rules of Procedure for the Board of Directors, ratified
through Decree No. B.299-DIR/SKP/04/2020 dated April 24, 2020
Governance Provisions 1. General Policy of Corporate Governance 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.
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.56-DIR/KEP/10/2022 dated October 31, 2022, 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.75-KEP/11/2022 dated November 30, 2022, concerning the Implementation
of Good Corporate Governance (GCG).
PT Bank Rakyat Indonesia (Persero) Tbk 465
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Corporate
Governance
Issue Internal Policy
Board of Commissioner, 1. Joint Decree of the Board of Directors and the Board of Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
Directors, and Employees Number 09-KOM/BRI/07/2019 and 1067-DIR/KHC/07/2019 concerning Amendments to the Joint Decree of the
Remuneration Board of Directors and the Board of Commissioners Number 09-KOM/BRI/11/2017.
2. S.1023/DIR/KPS/11/2017 concerning the Remuneration Governance Policy of PT Bank Rakyat Indonesia
(Persero) Tbk.
Committee’s Code of 1. Decree of the Board of Commissioners of BRI NOKEP: 10-KOM/06/2024 concerning the Guidelines and Rules of
Conducts under the Board of Procedure for the Audit Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
Commissioners 2. Decree of the Board of Commissioners of BRI Nokep. 08-KOM/05/2024 dated May 28, 2024, concerning the
Guidelines and Rules of Procedure for the Risk Management Monitoring Committee.
3. Decree of the Board of Commissioners of BRI Number 07-KOM/BRI/05/2024 concerning the Guidelines and Rules
of Procedure for the Integrated Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
4. Decree of the Board of Commissioners of BRI Nokep: 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.
Fixed Assets Procurement and Decree of the Board of Directors of BRI No. KU.03-DIR/PLM/06/2024 dated June 25, 2024, concerning the General
Management Policy on Fixed Assets Management & Procurement
Architecture and Policy Board of Directors Circular Letter No. SE.21-DIR/ KPD/05/2023 dated May 31, 2023 concerning the Formation and
Management Management of Policies and Procedures
Planning and Corporate 1. Board of Directors Circular Letter No. SE.38-DIR/ PPM/06/2022 dated June 23, 2022 concerning Corporate
Strategy Strategy (Book 1 regarding Long Term Plans).
2. Board of Directors Circular Letter No. SE.38a-DIR/ PPM/06/2022 dated May 23, 2023 concerning the First
Amendment to Corporate Strategy (Book 2 regarding the Bank’s Business Plan).
Anti-Fraud Strategy Corruption 1. Directors’ Circular Letter No. SE.58b-DIR/ORD/11/2022 dated December 31, 2024 concerning Second Amendment
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) Number SE.09b-DIR/KEP/03/2023 dated July 31, 2024, concerning the Second Amendment
to Corporate Governance regarding 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 System Board of Directors Circular Letter No. SE.09-DIR/KEP/03/2023 dated March 2023 concerning Corporate Governance
(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 Laundering 1. Board of Directors Circular Letter No. SE.41-DIR/KEP/11/2023 dated November 30, 2023 concerning
Implementation 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 No. SO.09-KEP/06/2024 dated June 28, 2024, concerning the Implementation of
AML, CFT, and PFPT, as amended by Standard Operating Procedure No. SO.09.a-KEP/06/2024 dated December
31, 2024, concerning the First Amendment to the Implementation of AML, CFT, and PFPT
Corporate Governance
Mechanism
The corporate governance process is the method or mechanism used by the company’s organs and subordinates in carrying out their
functions and duties in realizing the commitment and governance structure, to achieve 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
466 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Measurement/Testing of
GCG Implementation Quality
To ensure that corporate governance results can be adequate, BRI 3. Governance Outcome
carries out an assessment of the implementation of Corporate The assessment aims to assess outcomes that meet the
Governance every year with the aim of determining the level of quality expectations of the Bank’s stakeholders which are the
of implementation of the governance structure and governance result of the process of implementing GCG principles and
processes at BRI. This assessment was also carried out to obtain are supported by the adequacy of the Bank’s governance
feedback in order to improve its implementation in the future. This structure and infrastructure.
GCG assessment is carried out periodically, consisting of a self-
assessment and carried out by an independent third party, as follows: Assessment Criteria
Based on OJK Circular Letter Number 13/POJK.03/2017 the
Internal Assessment indicators that serve as standards for implementing a corporate
governance Self Assessment include 11 (eleven) parameters,
Self Assessment GCG consisting of:
1. Implementation of the duties and responsibilities of the
BRI carries out a self-assessment on the implementation Board of Directors
of good corporate governance principles every semester in 2. Implementation of the duties and responsibilities of the
accordance with the provisions of POJK 17 of 2023 concerning Board of Commissioners
the Implementation of Governance for Commercial Banks and 3. Completeness and implementation of the Committee’s
SEOJK No. 13/POJK.03/2017 concerning Implementation of duties
Governance for Commercial Banks. The assessment was carried 4. Handling Conflicts of Interest
out comprehensively on the implementation of the principles 5. Implementation of compliance functions
of good corporate governance covering 3 (three) aspects of 6. Implementation of the internal audit function
corporate governance, namely: 7. Implementation of the external audit function
1. Governance Structure 8. Implementation of risk management including an internal
The assessment aims to assess the adequacy of the Bank’s control system
governance structure and infrastructure so that the process 9. Providing funds to related parties and providing large funds
of good governance principles produces results that are in (large exposure)
line with stakeholder expectations. 10. Transparency of the bank’s financial and non-financial
2. Governance Process conditions, reports on the implementation of corporate
The assessment aims to assess the effectiveness of the governance and internal reporting.
process of implementing good governance principles which 11. Bank strategic plan.
is supported by the adequacy of the Bank’s structured and
governance infrastructure so as to produce results that are in The Party Carrying Out The Assessment
line with stakeholder expectations.
The GCG Self Assessment is coordinated by the Compliance
Division and evaluated by the Committee under the Board
of Commissioners periodically. The results of the GCG Self
Assessment are then reported to the OJK.
Self Assessment Results
In the corporate governance assessment conducted in 2024, 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 (Persero) Tbk. 2 Reflects that BRI Management has implemented GCG in the Governance 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, then in general these
weaknesses are less significant and can be resolved with normal actions by BRI
management.
PT Bank Rakyat Indonesia (Persero) Tbk 467
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Corporate
Governance
Analysis
Governance Structure The implementation of Good Corporate Governance in the governance structure aspect is generally adequate
with the existence of an integrated governance structure, policies, human resources and systems so that
it can support the implementation of Good Corporate Governance at BRI. Weaknesses in the governance
structure have been followed up so that they do not interfere with the Company’s performance.
Governance Process The implementation of Good Corporate Governance in the governance process aspect has generally gone
well, the business processes carried out refer to the established business plan and each company organ has
carried out business processes in accordance with their duties and responsibilities. Apart from that, BRI always
carries out reviews and evaluations in order to improve the effectiveness of the duties and responsibilities of
each company organ. Weaknesses that occur in the implementation of the governance process can be carried
out immediately for corrective action.
Governance Results The implementation of Good Corporate Governance in the governance outcome aspect has generally been
carried out well, the process of disclosure and transparency of information, data and reports is in accordance
with applicable regulations. Due to weaknesses in the reporting carried out, BRI has developed and perfected
the management information and reporting system in order to improve the quality of reporting and make it
easier for stakeholders to obtain accurate information.
Governance Maturity Level
The BRI Governance Maturity Assessment is conducted to enhance the implementation of Good Corporate Governance (GCG) and serves
as a structured measurement method regarding the structure, processes, and outcomes of governance implementation on a regular
basis. BRI has evaluated the governance maturity level for the year 2023, which was conducted in 2024. The governance maturity level
score for BRI in 2023 is 4.30 (an improvement compared to the 2022 governance maturity level of 4.16), with details presented in the
following diagram:
Structure and
4.40 4.45 Process
2022
2023
3.98 3.93
GCG Implementation and Relationship with Parties
Change Management who have financial claims
4.04 4.09
2022 = 4,16
2023 = 4,30
3,92 4.39 Financial Transparency,
Information Disclosure
Stakeholder Relations
& Internal Control
4.22 4.45 Effectiveness
Quality of Strategic Planning 4.60 4.81 3.87 4.09 Effectiveness of Risk Management and Compliance
Governance Maturity
Rank 1 Rank 2 Rank 3 Rank 4 Rank 5
Rating
Information Intial Repeatable Defined Managed Optimized
468 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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 4 (four) years, BRI has consistently improved and enhanced the GCG
implementation comprehensively. Hence, in 2024, BRI achieved the CGPI highest score. This achievement shows BRI management’s
commitment to continuously and sustainably support the achievement of the company’s vision and mission.
93,25 95,10 95,18 95,21 95,31
2020 2021 2022 2023 2024
Most Trusted Companies Most Trusted Companies Most Trusted Companies Most Trusted Companies Most Trusted Companies
The CGPI assessment was carried out on 3 aspects of governance, namely:
• Governance Structure includes corporate governance structure and policy.
• Governance Process includes corporate governance system and mechanism.
• Governance Outcome includes output of GCG implementation process.
31,80 31,63 31,88 95,31
Governance Governance Governance
+ + = Total Index
Structure Process Outcome
The 2024 CGPI Assessment in Subsidiaries
To improve the implementation of Good Corporate Governance in BRI Group, BRI, the holding entity, encourages Subsidiaries to
participate in the CGPI assessment event. It is a form of evaluation conducted by external parties on the implementation of Corporate
Governance in each Subsidiary. The CGPI value obtained by BRI Group’s subsidiaries is as follows.
Implementing Pegadaian PNM BANK RAYA BRI Finance BRI Life BRI Insurance BRI Danareksa
Year 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
Most Trusted Trusted Trusted Must Trusted Trusted Trusted
PT Bank Rakyat Indonesia (Persero) Tbk 469
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Corporate
Governance
ASEAN Corporate Governance Scorecard
ACGS is one of the parameters for measuring governance In 2023, BRI was ranked the Top 3 Public Listed Company (PLC)
practices agreed by the ASEAN Capital Market Forum (ACMF) in Indonesia & ASEAN Asset Class PLCs. The implementation of
and supported by the Asian Development Bank (ADB). It aims BRI’s Corporate Governance referring to the ASEAN Corporate
to improve governance practices of Listed Companies in ASEAN Governance Scorecard is delivered thoroughly on BRI’s website
and supporting Listed Companies in ASEAN to be companies with at https://www.ir-bri.com/acgs.html
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
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. Public Companies have technical The BRI General Meeting of Shareholders is conducted through one vote one share.
methods or procedures for collecting The voting mechanism is implemented by way of raising hands and the Officer
votes, both openly and privately, that collects voting rights by approaching all present shareholders.
prioritize independence and the interests
of shareholders. The Company has utilized the decision making procedure through voting which
prioritizes independence, and the interest of shareholders in accordance with OJK
provision, the Company has implemented as follows:
− Have a voting procedure in decision making on 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 has been regulated in BRI’s Articles of Association and the GMS
Rules are uploaded on the company’s website.
Remarks: Comply
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2024 Annual Report
No Aspect; Principle; Recommendation Comply or Explain
A.1.2. All members of the Board of Directors and According to the summary of the Minutes of BRI’s Annual GMS which was held on
members of the Board of Commissioners March 1, 2024, all members of the Board of Commissioners and Directors attended
of Public Companies are present at the the BRI Annual GMS.
Annual GMS.
Remarks: Comply
A.1.3. A summary of the GMS minutes is The Company made a summary of the minutes of the AGMS in Indonesian and English.
available on the Public Company Website The minutes of the meeting will be published on the company’s website within 1 (one)
for at least 1 (one) year. working day, Monday, March 4, 2024. The AGMS was held on Friday, March 1, 2024.
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 2024 was presented in the General Meeting
of Shareholders Sub-Chapter in the Corporate Governance Chapter of this Annual
Report.
Remarks: Comply
A.2. Principle 2:
Improving the Quality of Public Company Communication with Shareholders or Investors.
A.2.1. Public Companies have a communication The Company has a communication policy with shareholders or investors. This policy
policy with shareholders or investors. covers investor relations activities including analyst m eetings, public exposes aimed at
providing shareholders or investors with a clearer understanding of the information that
has been published to the public as disclosed by the Corporate Secretary. BRI has a special
unit, namely the Investor Relations Division, which functions to manage relationships with
investors. Access Annual Report Information Disclosure this and also disclosed through
the Website Company (www.bri.co.id and www.ir-bri.com).
Remarks: Comply
A.2.2. The Public Company discloses the Public Disclosure of communication policies with shareholders or investors has been
Company’s communication policy with uploaded on the Company’s website, namely www.bri. co.id and www.ir-bri.com.
shareholders or investors on the Website.
Remarks: Comply
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. Determining the number of members of The number of members of BRI’s Board of Commissioners as of December 31, 2024
the Board of Commissioners takes into was 10 (ten) people consisting of 7 (seven) Independent Commissioners and 3 (three)
account the conditions of the Public non-Independent Commissioners.
Company.
Remarks: Comply
B.1.2. Determining the composition of members The composition of members of the Board of Commissioners takes into account the
of the Board of Commissioners takes into diversity of skills, knowledge and experience required as stated in the Composition
account the diversity of skills, knowledge and Division of Duties of the BRI Board of Commissioners.
and experience required.
Remarks: Comply
B.2. Principle 4:
Improving the Quality of Implementation of Duties and Responsibilities of the Board of Commissioners.
B.2.1. The Board of Commissioners has BRI carries out performance assessments of the Board of Commissioners based on
a self-assessment policy to assess applicable laws and regulations in order to improve the quality of implementation
the performance of the Board of of the duties and responsibilities of the Board of Commissioners and improve BRI’s
Commissioners. 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
PT Bank Rakyat Indonesia (Persero) Tbk 471
Page 474
Corporate
Governance
No Aspect; Principle; Recommendation Comply or Explain
B.2.2. The self-assessment policy for assessing The Board of Commissioners has a Self Assessment Policy which is stated in the
the performance of the Board of Board Manual as described in the performance assessment section of the Board of
Commissioners is disclosed in the Public Commissioners of this Annual Report and on the Company’s website (www.bri.co.id)
Company’s Annual Report.
Remarks: Comply
B.2.3. The Board of Commissioners has a policy The Company has a policy regarding the resignation and dismissal of the Board of
regarding the resignation of members of Commissioners which is contained in the Company’s Articles of Association and the
the Board of Commissioners if they are resignation policy for the Board of Commissioners is disclosed in the BRI 2024 annual
involved in financial crimes report in the Board of Commissioners Chapter.
Remarks: Comply
B.2.4. The Board of Commissioners or The policy regarding the requirements, procedures for the appointment, dismissal,
the Committee that carries out the and succession of the Board of Directors refers to the Regulation of the Minister of
Nomination and Remuneration function State-Owned Enterprises No. PER-3/MBU/03/2023 concerning Organs and Human
prepares a succession policy in the Resources of State-Owned Enterprises. In addition, as a public company, the
Nomination process for members of the Company’s policy also refers to the OJK Regulation No.33/POJK.04/2014 concerning
Board of Directors. the Board of Directors and Board of Commissioners of Issuers or Public Companies.
The Board of Directors Succession Policy is presented in the Nomination and
Remuneration Committee Chapter in BRI’s 2024 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. Determining the number of members of The determination of the number of members of the Board of Directors has
the Board of Directors takes into account gone through careful consideration and has referred to OJK Regulation No. 33/
the condition of the Public Company and POJK.04/2014 concerning the Board of Directors and Board of Commissioners of
effectiveness in decision making Issuers or Public Companies consisting of at least 2 (two) people. The number of
members of the BRI Board of Directors in 2024 will be 12 (twelve) Directors.
Remarks: Comply
C.1.2. Determining the composition of A fit and proper test is carried out to ensure that the competency, experience and
members of the Board of Directors educational background of the members of the Board of Directors are in accordance
takes into account the diversity of skills, with the appropriateness based on applicable regulations and the needs of the
knowledge and experience required. Company and is disclosed in the Diversity Composition of the Board of Directors
section of this Annual Report.
Remarks: Comply
C.1.3. Members of the Board of Directors who In accordance with OJK Regulation no. 37/ POJK.03/2019 concerning Transparency
are in charge of accounting or finance and Publication of Bank Reports, the Director in charge/supervise accounting or
have expertise and/or knowledge in the finance is held by Viviana Dyah Ayu R.K. who has expertise and/or knowledge in the
field of accounting. field of accounting, including:
Education:
Obtained an MBA, Finance & Strategy from Simon School of Business-University of
Rochester, United States (2010)
Bachelor of Animal Husbandry, from the Bogor Agricultural Institute (2001).
Experience:
Executive Vice President Subsidiary Management Division
Remarks: Comply
472 PT Bank Rakyat Indonesia (Persero) Tbk
Page 475
2024 Annual Report
No Aspect; Principle; Recommendation Comply or Explain
C.2. Principle 6:
Improving the Quality of Implementation of Directors’ Duties and Responsibilities.
C.2.1. The Board of Directors has a self- BRI carries out performance assessments of the Board of Directors based on
assessment policy to assess the applicable laws and regulations in order to improve the quality of the implementation
performance of the Board of Directors. of the Board of Directors’ duties and responsibilities and improve BRI’s performance
on an ongoing basis.
The Board of Directors 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
C.2.2. The self-assessment policy for assessing The Self Assessment policy on the performance of the Board of Directors has been
the performance of the Board of Directors disclosed in the results section of the Directors’ Performance Assessment in the 2024
is disclosed in the Public Company’s BRI Annual report.
annual report.
Remarks: Comply
C.2.3. The Board of Directors has a policy BRI has a policy regarding the resignation and dismissal of Directors which states the
regarding the resignation of members of dismissal of a member of the Board of Directors if the person concerned is involved
the Board of Directors if they are involved in an action that is detrimental to the Company and/or the State and if the person
in financial crimes. concerned is found guilty by a court decision that 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
D. ASPECT 4: STAKEHOLDER PARTICIPATION
D.1. Principle 7:
Improving Corporate Governance Aspects through Stakeholder Participation.
D.1.1. Public Companies have policies to BRI Insider Trading policy is regulated under:
prevent insider trading. 1. Circular Letter (SE) Number SE.09.a-DIR/ KEP/03/2023 dated October 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. ublic Companies have anti-corruption The implementation of the Anti-Fraud Strategy at BRI is regulated in the Board of
and anti-fraud policies. Directors’ Circular Letter Number: SE.58b-DIR/ORD/11/2022 dated December 31,
2024 concerning the Second Amendment to the Guidelines for the Implementation of
Operational Risk Management (Book 5 Anti-Fraud Strategy).
To improve the ability of banks in preventing fraud and provide a rapid response in
handling and completing a fraud event, the management of fraud risk was divided
into 2 large activities, namely when the fraud was still a potential risk (managing risk)
and after the incident incident occurs (incident handling). This fraud risk management
activity was adapted and developed from 4 (four pillars), namely:
1. Prevention
2. Detection
3. Investigation, Reporting and Sanctions
4. Monitoring, Evaluation and Follow Up Lanjut
PT Bank Rakyat Indonesia (Persero) Tbk 473
Page 476
Corporate
Governance
No Aspect; Principle; Recommendation Comply or Explain
To create a company environment that is 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 have implemented ISO 37001:2016 and adopted the ISO
37001:2016 Anti-Bribery Management System policy as stated in Circular Letter
(SE) Number SE.09b-DIR/KEP/03/2023 dated July 31, 2024, concerning the Second
Amendment to Corporate Governance. regarding Book 4 regarding ISO 37001:2016
Anti-Bribery Management System.
This policy is part of BRI’s commitment to preventing corruption.
Remarks: Comply
D.1.3. Public Companies have policies regarding The Company has a policy regarding BRI Vendor Management as regulated in
the selection and improvement of the Directors’ Circular Letter Number SE.18-DIR/ PLM/05/2023 concerning the
supplier or vendor capabilities. Procurement of Goods and/or Services for PT Bank Rakyat Indonesia (Persero) Tbk
(Book 11). Currently, BRI is developing a Vendor Management System application
that is integrated with the BRISMILE application, where the application includes
the process of registering and selecting prospective vendors, monitoring, vendor
maintenance and evaluating vendor performance so that BRI has a competent vendor
database to support procurement implementation. BRI goods and/or services.
Remarks: Comply
D.1.4. Public Companies have policies regarding The Company has a policy regarding fulfilling creditor rights as stated in every Loan
fulfilling creditor rights. Agreement between BRI and debtors. The agreement states the rights and obligations
of both parties, such as transparency of financial reports to creditors.
Remarks: Comply
D.1.5. Public Companies have a whistleblowing Policy regarding the Whistleblowing System at BRI which is regulated in Circular
system policy Letter Number SE.09-DIR/KEP/03/2023 dated March 15, 2023 concerning Corporate
Governance regarding Book 2 regarding the Whistleblowing System regulates the
types of violations reported, means of reporting, protection & confidentiality of the
reporter, as well as the Whistleblowing System management unit.
Remarks: Comply
D.1.6. Public Companies have a policy of BRI has a policy regarding long-term employee incentives which is regulated in the
providing long-term incentives to Board of Directors Circular Letter Number SE.36-DIR/HCS/12/2024 dated December
Directors and employees. 30, 2024.
Explanation of Long-Term Incentives is also regulated in the Employee Welfare
Section in BRI’s 2024 Annual Report.
Remarks: Comply
474 PT Bank Rakyat Indonesia (Persero) Tbk
Page 477
2024 Annual Report
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. Public Companies make wider use of The Company always to improve the quality of information disclosure to stakeholders
information technology apart from through information technology media, in addition to the Company’s website. The
Websites as a medium for information Omni Channel BRI is an access where BRI customers can obtain information about BRI
disclosure. products and services in full as well as may submit complaints through the following
available channels:
1. Direct visits through Customer Service in all BRI operating units
2. Call Centre 1500017
3. Social Media
a. Facebook : BankBRI
b. Instagram : @bankbri_id
c. Twitter : @kontakBRI, @promo_BRI, @bankbri_id
4. Youtube : BANK BRI
5. Chatbot : Sabrina (via Facebook Messenger and WhatsApp/ Telegram 081-212-
14017)
Remarks: Comply
E.1.2. The Annual Report of a Public Company In the 2024 BRI Annual Report, it conveys the obligation to disclose information
discloses the ultimate beneficial owner regarding shareholders who own 5% (five percent) or more shares of a Public
in Public Company share ownership Company, as well as the obligation to disclose information regarding the main and
of at least 5% (five percent), in controlling shareholders of a Public Company, both directly and indirectly, up to the
addition to disclosure of the ultimate last beneficial owner in ownership of the shares.
beneficial owner in Public Company
share ownership through the main and Remarks: Comply
controlling shareholders.
PT Bank Rakyat Indonesia (Persero) Tbk 475
Page 478
Corporate
Governance
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 Governance Guidelines are best practice standards
that can be used as a reference in implementing corporate governance in banking. The description of its implementation can be conveyed
as follows.
Principle Explanation Implementation at BRI
Principle 1 The Board of Commissioners has responsibilities which The scope of the Board of Commissioners’ obligations as stated in the
Responsibility include: approval and supervision of the implementation Board of Commissioners’ Rules of Procedure ratified in the Decree of the
of the Board of of business strategies, governance structures and BRI Board of Commissioners Number Decree 06-KOM/05/2024 dated
Commissioners mechanisms and corporate culture May 28, 2024 includes the Board of Commissioners providing opinions
and approvals on the Company’s work plan consisting of the Company’s
Long-Term Plan (RJPP), Bank Business Plan (RBB), Company Work Plan
and Budget (RKAP), Partnership and Community Development Program
Work Plan and Budget (PKBL) as well as directing, monitoring, and
evaluating the implementation of the Bank’s strategic policies.
Principle 2 Members of the Board of Commissioners must The scope of the Board of Commissioners’ obligations as stated in the
Qualifications have qualities in accordance with their duties and Board of Commissioners’ Code of Conduct in the Board of Commissioners
and Composition responsibilities, both individually and collectively. The Decree Number 06-KOM/05/2024 dated May 28, 2024 includes the
of the Board of Board of Commissioners must understand its role in Board of Commissioners’ role in ensuring the implementation of Good
Commissioners supervising and implementing corporate governance, Corporate Governance in every business activity of the Company at
and be able to carry out decision making in a sound and all levels or organizational levels and supervise the implementation
objective manner. 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.
Principle 3 The Board of Commissioners must establish appropriate The Board of Commissioners has committees under the Board of
Structure and governance structures and practices in carrying out its Commissioners to assist in carrying out the duties of the Board of
Mechanism of duties and periodically review its effectiveness. Commissioners, namely the Audit Committee, Risk Management
the Board of Monitoring Committee, Nomination and Remuneration Committee, and
Commissioners. Integrated Governance Committee.
Principle 4 Under the direction and supervision of the Board of The duties and responsibilities of the Board of Commissioners include
Directors. Commissioners, the Board of Directors is able to manage providing direction and supervision to the Board of Directors in the
the Bank’s activities in accordance with business management of the Company. The Board of Commissioners gives
strategy, risk appetite, remuneration policies and approval to the company’s plans and work and the implementation of
other policies that have been approved by the Board of the Bank’s strategic policies.
Commissioners.
Principle 5 In a business group, the Board of Commissioners of BRI’s Directors and Board of Commissioners have knowledge and
Business Group the parent company has overall responsibility for the understanding of the company’s main business and main risks. This can
Governance business group and to ensure the establishment and be seen in the diversity of the Board of Commissioners and Directors and
Structure. implementation of clean governance practices related the implementation of the Fit and Proper Test. Apart from that, the Board
to the structure, business and risks of the business group of Directors and Board of Commissioners also continuously increase
and entity. The Board of Commissioners and Directors their knowledge of the latest banking developments by participating in
must understand the organizational structure of the training and development both at home and abroad.
business group and the risks faced.
Principle 6 Banks must have a quality risk management function, be BRI has a Risk Management function that functions including identifying,
Risk Management independent, have quality resources and have access to measuring, monitoring and controlling all Company risk exposures
Function. the Board of Commissioners. carried out by 6 (six) Divisions, namely Market, Portfolio & Enterprise Risk
Management Division, Digital Risk Division, Operational Risk Division,
Wholesale Credit Risk Analyst Division, Credit Restructuring & Recovery
Loan Division, and Credit & Product Risk Policy Division. In an effort to
carry out the 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.
476 PT Bank Rakyat Indonesia (Persero) Tbk
Page 479
2024 Annual Report
Principle Explanation Implementation at BRI
Principle 7 Risks must be identified, monitored and controlled for The process of implementing risk management which includes
Risk Monitoring all Bank activities. The quality of the risk management identification, measurement, monitoring and control of risks is carried
and Control infrastructure and internal control must be able to keep out on an ongoing basis. Risk management is carried out in all bank
Identification. up with changes in the Bank’s risk profile, external risk activities by referring to the management standard provisions set by the
conditions and industry practices. regulator
Principle 8 Implementing effective risk governance requires In order to support the implementation of Operational Risk Management
Risk accurate risk communication within the Bank, both (MRO), BRI has prepared an MRO Framework that is adjusted to the
Communication. between organizations and through reporting to the principles of Risk Management in ISO 31000:2018 as a guideline for
Board of Commissioners and Directors. implementing MRO in 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 supervising The implementation of the Board of Commissioners’ supervisory
Compliance. management related to the Bank’s compliance risks. The function regarding Bank Compliance risks is carried out by the Risk
Board of Commissioners must establish a compliance Management Monitoring Committee regarding the application of the
function and provide approval for policies and processes precautionary principle to ensure that all business activities and policies
for identifying, assessing, monitoring and reporting, and are implemented in compliance with all applicable laws and regulations.
providing advice on compliance risks. Review and evaluation of the compliance function is carried out every
semester.
Principle 10 The internal audit function must report independent The Internal Audit Business Unit within the BRI organization is directly
of Internal Audit. assurance activities to the Board of Commissioners and under the President Director and can communicate and coordinate in
must support the Board of Commissioners and Directors terms of supervision with the Board of Commissioners through the Audit
in encouraging the implementation of effective Committee. Duties and responsibilities The Internal Audit Business Unit
governance processes and the long-term health of the is responsible for carrying out independent and objective assurance
Bank. and consulting activities designed to provide added value and improve
operational activities.
Principle 11 The Bank’s remuneration structure must support the BRI’s remuneration structure refers to OJK Regulation Number 45/
Compensation. implementation of corporate governance and risk POJK.03/2015 concerning the Implementation of Governance in
management. Providing Remuneration for Commercial Banks. The implementation of
BRI’s Remuneration Governance is presented in the 2024 BRI Annual
Report in the Remuneration Governance Policy Chapter
Principle 12 The implementation of governance by the Bank must be BRI’s disclosure and transparency to shareholders is conveyed via the
Disclosure and implemented transparently to Shareholders, Depositors, company website www.bri.co.id regarding the latest information. BRI
Transparency. other relevant Stakeholders and Market Participants. Bank’s information disclosure is also conveyed in its Annual Report,
Sustainability Report and Public Expose.
Relationship between Structure,
Mechanism and Governance Results
Tata kelola perusahaan diterapkan dalam suatu rangkaian terintegrasi yang meliputi 3 (tiga) aspek tata kelola, yaitu structure, process,
dan outcome. Ketiga aspek tersebut dijalankan oleh BRI guna menjamin tersedianya struktur dan infrastruktur tata kelola yang memadai,
memaksimalkan efektivitas proses pelaksanaan tata kelola, dan meningkatkan outcome tata kelola untuk memenuhi harapan pemangku
kepentingan.
PT Bank Rakyat Indonesia (Persero) Tbk 477
Page 480
Corporate
Governance
Implementation of
Corporate Governance
Shareholders Apart from the special rights held by the Series A Dwiwarna
Shareholder, the Series A Shareholder and the Series B
Shareholders are individual or legal entity as a legitimate owner Shareholder have the same rights as long as it is not regulated
of the company’s shares. Shareholders do not intervene with the otherwise by the Articles of Association, namely:
function, duties, and authorities of the Board of Commissioners 1. Attend the GMS either directly or through proxy, provide
and Board of Directors. opinion and/or take decision. Each shareholder is entitled
to be treated equally and to make a sound according to the
BRI shares are categorized into 2 (two) types, namely: type, classification and number of shares owned.
1. Series A Dwiwarna shares 2. Receive accurate and prompt information related to BRI with
Series A Dwiwarna share is owned by the Republic of Indonesia the principle of equality of information to all shareholders.
and is non-transferable to any party. 3. Receive distribution of dividend and other forms of profit of
2. Series B shares. BRI in proportion to total owned shares.
Series B shares can be owned by the Republic of Indonesia 4. Receive remaining returns from the bank liquidation in the
and/or the public. event of bankruptcy.
5. Request a General Meeting of Shareholders by one or more
Shareholders Rights shareholders of either share or jointly representing 1/10 (one
ten) or more of the total shares issued by the Company with
Holders of Series A Dwiwarna shares and Series B Shares have the valid voting rights, in good faith, on the basis of the interests
same rights and every 1 (one) share gives 1 (one) voting right. of the Company and does not conflict with the laws and
Ownership of Dwiwarna Series A Shares provides special rights to regulations of the Company.
the government as the main shareholder as follows: 6. Obtain comprehensive and accurate information on the GMS
1. The right to approve in the GMS regarding the following procedures requirement.
matters: 7. File a lawsuit against the Bank for any loss resulting from the
a. Approval of amendment to the Articles of Association. Bank’s acts that are considered unfair and irrational due to
b. Approval of changes in capital. the resolutions of GMS, the Board of Directors and/or Board
c. Approval of dismissal and appointment of members of of Commissioners.
the Board of Directors and Board of Commissioners. 8. Request for the Bank to purchase its shares with a fair
d. Approval on merger, consolidation, expropriation, price with the procedure as stipulated in the Articles of
separation and dissolution. Association/ applicable laws and regulations in the event
e. Approval of remuneration of members of the Board of that the shareholder disagree with the Company’s action/
Directors and Board of Commissioners. corporate actions that cause such loss to the Shareholders
f. Approval of the transfer of assets based on this Articles or the Company.
of Association requires the approval of the GMS. 9. Attain corporate information from the Board of Directors
g. Approval regarding participation and reduction in the and/ or Board of Commissioners at the GMS as far as the
percentage of equity participation in other companies. requested information is in line with the meeting agenda and
h. Approval of the use of profits. does not contradict the Company’s interests.
i. Approval regarding investment and long-term financing 10. Memperoleh keterangan yang berkaitan dengan Perusahaan
that is not operational in nature based on this Articles of dari Direksi dan/atau Dewan Komisaris dalam RUPS sepanjang
Association requires the approval of the GMS. berkaitan dengan mata acara Rapat dan tidak bertentangan
2. The right to nominate members of the Board of Directors and dengan kepentingan Perusahaan.
members of the Board of Commissioners. 11. Through the GMS, make changes to the Board of Directors and
3. The right to propose the agenda of the GMS. Board of Commissioners together with the Series A Dwiwarna
4. The right to request access to company data and documents, Shareholders with the provision that they represent more
with the mechanism of the use of said rights in accordance than ½ of the total number of shares with valid voting rights.
with the provisions in the Articles of Association and laws.
478 PT Bank Rakyat Indonesia (Persero) Tbk
Page 481
2024 Annual Report
Responsibilities of Shareholders and Indonesia Stock Exchange including the Annual Report,
Audited Financial Statement, and Highlights of Company’s
1. All Shareholders must be able to: Financial Performance, etc.
a. Separate the ownership of company’s assets and of 3. The number of Independent Commissioners is above the
personal assets. minimum limit set by the regulator, namely 7 (seven)
b. Separate its function as shareholders and as members of Commissioners out of the total 10 (ten) Commissioners.
the Board of Commissioners or Board of Directors in the 4. Equal treatment for all Shareholders to obtain information
event the shareholder holds a position in either organ. disclosure from the Bank, including information related
2. The Controlling Shareholder must be able to: with company performance, financial statements, and the
a. Take into account the interest of minority shareholders implementation of the GMS.
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 legal breach The relationship between the Company and Shareholders
arises or requested by competent authority. is regulated in the Company’s Articles of Association. All
c. Exert the accountability and transparent relationship communication with Shareholders shall be the responsibility of
between companies, where the shareholders are also the spokesperson of the company. AThe Company has a spokesperson
controlling shareholders of several other companies. who is authorized to communicate with Shareholders. All
3. The minority shareholders are responsible to exercise their Shareholders must receive equal treatment and information
rights pursuant to the Company’s Articles of Association and (equitable treatment) in a timely manner as stated in the
prevailing laws and regulations. Directors Circular Number S.08-DIR/06/2014 concerning Service
Policy and Information Management of PT Bank Rakyat Indonesia
Equal Treatment for Shareholders (Persero) Tbk.
BRI upholds equal treatment for all Shareholders which is General Meeting of Shareholders
reflected in:
1. The voting rights shall be calculated on the basis of total GMS Implementation Stages
shares ownership, with the right to request the GMS for the
shareholders at minimum 10%. The stages of holding the 2024 GMS have met the provisions
2. Providing the same access to information through Investor of POJK No. 15/POJK.04/2020 concerning the Plan and
Relations channel by means of direct interaction at Public Implementation of the General Meeting of Shareholders of a
Expose, Non-deal Roadshow, Press Conference or 1-on-1 Public Company and/or POJK No. 16/POJK.04/2021 concerning
Meeting, Conference Call and Email, as well as Documents the Implementation of the General Meeting of Shareholders of a
availability on the Company’s website, Investor Relations, Publicly Listed Company Electronically as follows:
Announcement
Announcement of Submission of GMS
Notification to OJK Summons of GMS of Summary of
GMS Minutes
Minutes of GMS
Submit notification to The announcement of the The invitation to the GMS Announcement of the The minutes of the GMS
the Financial Services GMS shall be made no shall be carried out no summary of the minutes must be submitted to
Authority (OJK) no later later than 14 (fourteen) later than 21 (twenty one) of the GMS shall be the OJK no later than 30
than 5 (five) days before days before the GMS days before the GMS via submitted to the OJK no working days after the
the announcement of invitation via the e-GMS the website of the e-GMS later than 2 (two) days GMS.
the GMS. provider website, the provider, the Indonesia after the GMS, published
Indonesia Stock Exchange Stock Exchange website, through the website of
website, and the Public and the website of the the e-GMS provider, the
Company website. Public Company. Indonesia Stock Exchange
website, the website of
the Public Company.
PT Bank Rakyat Indonesia (Persero) Tbk 479
Page 482
Corporate
Governance
Quorum Procedure
No. Agendas Attedance Quorum Quorum of Decision
1. Amendments to the Articles of Association Attended by shareholders representing at Approved by more than 2/3 (two thirds) of
that requires the approval of the Minister who least 2/3 (two thirds) of the total number of the total shares with voting rights present
administers government affairs in the field of shares with valid voting rights. at the GMS.
law and human rights, except for changes to the
Articles of Association in order to extend the
period of establishment of the Company.
2. The transfer of assets constituting more than Attended by shareholders representing Approved by more than 3/4 (three
50% (fifty percent) of total net assets in 1 (one) at least 3/4 (three quarters) of the total quarters) of the total shares with voting
or more transactions, whether related to one number of shares with valid voting rights. rights present at the GMS
another or not, mada collateral for debt assets
constituting more than 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 quarters) Approved by more than 3/4 (three
of the total number of shares in the quarters) of the shares with voting rights
classification of shares affected by the present at the GMS
change in rights.
4. Outside of Agenda 1 sd. 3 above which required Attended by Shareholders representing at Approved by Shareholders representing at
the approval of the GMS. least 1/2 (one half) of the total number of least 1/2 (one half) of the total number of
shares with valid voting rights shares with voting rights present at the
GMS.
5. Agenda that required the approval of the GMS Attended by more than 1/2 (one half) of the Approved by more than 1/2 (one half) of
only attended by Independent Shareholders. total shares with valid voting rights owned the total shares with valid voting rights
by Independent Shareholders. owned by Independent Shareholders.
GMS Procedures
The GMS procedures are as follows:
1. Shareholders or their proxies can access or download the GMS Rules of Procedure on the Company’s website.
2. The GMS Rules are read out before the GMS begins.
3. Opportunities are given to Shareholders or their proxies present to submit questions/responses and/or proposals to each agenda of
the GMS.
4. The Chairperson of the GMS or the party appointed by the Chair of the GMS will answer or respond to questions and/or opinions from
the shareholders.
5. Voting is conducted after all questions and/or opinions have been answered. Shareholders or their authorized proxies can only cast
votes.
6. The calculation and/or validation of votes in the GMS is carried out by an Independent party namely a Notary assisted by the Share
Registrar appointed by the Company.
Efforts to Encourage Shareholders to Attend The GMS
BRI encourage all Shareholders to attend and exercise their rights and authorities in the GMS. The efforts are carried out through:
1. Notifications and summons for the GMS are distributed promptly through the Company’s website, the Stock Exchange, and website
KSEI.
2. Presenting material from each meeting agenda as a reference for Shareholders.
3. Open access for Shareholders to communicate with the Company regarding the implementation of GMS through the contacts
available on the Company Website.
4. Provide a proxy form for Shareholders or Shareholders’ proxies to vote at the GMS which can be accessed through the Company’s
website and/or the Stock Exchange.
480 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Attendance of Shareholders and Other GMS Voting Involving Independent Parties
Parties at the GMS
In holding the GMS, BRI not only invites shareholders but also
Shareholders, either individually or represented by a power of always involves independent parties, especially in voting and
attorney, are entitled to attend the GMS. Shareholders who are counting votes, namely Notary Fathiah Helmi S.H and PT Datindo
entitled to attend the GMS are shareholders whose names are Entrycom.
recorded in the list of shareholders of the Public Company 1 (one)
working day before the invitation to the GMS. Process of Organizing GMS and Voting
BRI accommodates the practice of securing electronic voting in The quorum provisions, voting procedures, including the rules of
absentia at the General Meeting of Shareholders. For shareholders the Meeting, are disclosed before the GMS begins. Voting can be
who cannot attend physically, the company allows shareholders conducted electronically through the e-voting facility eASY KSEI. This
to attend the meeting and cast their votes electronically through is done by the company to ensure independence and confidentiality
the KSEI System facility called eASY. KSEI provides the link, and for Shareholders during the voting process. Shareholders and/or
the company informs shareholders through the Summons for the their proxies attending electronically can cast their votes through
AGMS and the Rules of Procedure for the AGMS. Shareholders e-voting on eASY KSEI
can also grant power of attorney electronically to the Attorney
through the eASY.KSEI application or in writing addressed to the The provisions of quorum and voting procedures are disclosed
Company. The procedures for Granting Power of Attorney for before the GMS starts. Voting can be done electronically. The
Attendance and Power of Attorney for Voting Rights have been decision-making mechanism is firstly by providing an explanation
disclosed in the Summons for the AGMS document. regarding each agenda to be decided by shareholders and the
minimum number of quorum resolutions for each proposed agenda.
GMS Voting Mechanisms Furthermore, the GMS Summary provides an explanation of the
stages of implementation of the GMS, the basis for consideration of
Every 1 (one) share entitles the holder to cast 1 (one) vote. each GMS agenda, which will receive shareholder approval, and the
Before the voting is carried out, the Chairperson of the GMS will results of any questions and answers and/or expression of opinions.
explain the voting procedures for each agenda item for which
Shareholder approval is requested. The voting procedures in the Implementation of the 2024 Annual GMS
GMS are: and its Realization
1. Shareholders or their proxies who are physically present vote
abstain or disagree by raising their hands and submitting The Annual GMS was held on March 1, 2024 in accordance with
their voting cards at voting time. OJK Regulation No. 15/POJK.04/2020 concerning the Plan and
2. Shareholders or their proxies who are physically present and Implementation of the General Meeting of Shareholders of a
do not raise their hands are deemed to have approved the Public Company and/or OJK Regulation No. 16/POJK.04/2020
proposed resolution of the agenda. concerning the Electronic Implementation of the General Meeting
3. Shareholders or their proxies who are present electronically of Shareholders of Public Companies, with the following stages:
vote via e-voting on eASY.KSEI 1. Notified the Chairman of the Financial Services
4. Shareholders or their proxies who cast abstentions are Authority about the planned meeting through Letter
deemed to have cast the same vote as the votes of the Number R.53-DIR/CSC/01/2024 dated January 16, 2024.
majority of shareholders who cast votes. 2. Published the Meeting Announcement for Shareholders
5. The chairman of the GMS will announce the voting results. on the websites of PT Kustodian Sentral Efek Indonesia,
6. Each shareholder can be represented at the GMS by other PT Bursa Efek Indonesia, and the Company on January 23,
holders or a third party with a power of attorney. Members 2024.
of the Board of Directors, members of the Board of 3. Published the Meeting Invitation for Shareholders on
Commissioners, Secretary to the Board of Commissioners the Company’s website, PT Bursa Efek Indonesia, and
and Employees of the Company may act as proxies at the PT Kustodian Sentral Efek Indonesia on February 7, 2024.
GMS, but are prohibited from acting as proxies in voting.
PT Bank Rakyat Indonesia (Persero) Tbk 481
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Corporate
Governance
Date Agenda Description
January 16, 2024 Notification of the Annual General Notification of the AGMS to OJK was made less than 5 (five) working days before the
Meeting of Shareholders (AGMS) to 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 invitation
Meeting of Shareholders 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 he AGMS invitation was issued 21 (twenty-one) days before the AGMS and was
Meeting of Shareholders 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 PThe Summary of the AGMS Resolutions was submitted to OJK 1 (one) working day
AGMS Resolutions 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
First 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 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.
Third Determination of Remuneration (salary/honorarium, facilities, and benefits) for the 2024 Fiscal Year, as well as Bonuses (Tantiem) for
the 2023 Fiscal Year for the Board of Directors and Board of Commissioners of the Company.
Fourth Appointment of a Public Accountant and/or Public Accounting Firm to Audit the Company’s Consolidated Financial Statements for the
2024 Fiscal Year, as well as the Financial Statements and Implementation Report of the Micro and Small Business Funding Program for
2024.
Fifth Report on the Realization of the Use of Funds from Bank BRI’s Subordinated Bonds IV in 2023 and Bank BRI’s Sustainable 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.
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
482 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
No. Name Position Attendance
11. Sunarso President director Present
12. Catur Budi Harto Vice 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 R.K. 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 as a basis for making decisions at the Meeting 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.
Agendas In Favor Against Abstain Question/ 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 of all shares with valid voting
valid voting rights present rights present at the Meeting.
at the Meeting
Second 135.798.149.713 votes or 0 votes or 0% of all shares 422.551.448 votes or 0,310% 1 (one)
99,689% of all shares with with valid voting rights present of all shares with valid voting
valid voting rights present at the Meeting rights present at the Meeting
at the Meeting
Third 123.387.944.660 votes or 12.410.143.153 votes or 422.613.348 votes or 0,310% None
90,579% of all shares with 9,110% of all shares with valid of all shares with valid voting
valid voting rights present voting rights present at the rights present at the Meeting
at the Meeting Meeting
Fourth 135.721.156.176 votes or 36.993.538 votes or 0,027% 462.551.447 votes or 0,339% None
99,633% of all shares with of all shares with valid voting of all shares with valid voting
valid voting rights present rights present at the Meeting rights present at the Meeting
at the Meeting
Fifth This Agenda was a report. Therefore, the Company did not vote for decision making at the meeting. None
Sixth 122.235.809.794 votes or 13.356.134.934 votes or 628.756.433 votes or 0,461% None
89,733% of all shares with 9,804% of all shares with valid of all shares with valid voting
valid voting rights present voting rights present at the rights present at the Meeting
at the Meeting Meeting
Seventh 92.633.975.975 votes or 43.279.680.626 votes or 1.307.044.560 votes or 0,959% None
67,268% of all shares with 31,771% of all shares with of all shares with valid voting
valid voting rights present valid voting rights present at rights present at the Meeting
at the Meeting the Meeting
PT Bank Rakyat Indonesia (Persero) Tbk 483
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Corporate
Governance
Annual GMS Resolution and Realization 2024
Reason for
Resolutions Realization in 2024 Not Realized
yet
Agenda of the Second Meeting 1. The Annual Report, including the Fully
Consolidated Financial Statements for Implemented
Decision the fiscal year ending December 31,
1. Approved the Company’s Annual Report, including the Supervisory Report of the 2024, was published on February 7,
Board of Commissioners for the Fiscal Year 2023, which ended on December 31, 2024.
2023. 2. The GMS has approved the Annual
2. Ratified: Report, including the Supervisory Report
a. The Company’s Financial Statements for the Fiscal Year 2023, which of the Board of Commissioners for the
ended on December 31, 2023, as audited by the Public Accounting Firm fiscal year ending December 31, 2023.
Purwantono, Sungkoro & Surja (a member firm of Ernst & Young Global), in 3. The GMS has approved the Financial
accordance with Report Number 00035/2.1032/AU.1/07/1681-4/1/I/2024 Statements of the Micro and Small
dated January 31, 2024, with an unqualified opinion in all material respects; Business Funding Program for the fiscal
and year ending December 31, 2023.
b. The Financial Statements of the Micro and Small Business Funding Program 4. The GMS has granted full release and
for the Fiscal Year 2023, which ended on December 31, 2023, as audited by discharge of responsibilities (acquit et
the Public Accounting Firm Purwantono, Sungkoro & Surja (a member firm de charge) to the Board of Directors for
of Ernst & Young Global), in accordance with Report Number 00042/2.1032/ management actions and to the Board of
AU.2/10/1681-4/1/II/2024 dated February 6, 2024, with an unqualified Commissioners for supervisory actions
opinion in all material respects. carried out during the fiscal year ending
3. With the approval of the Company’s Annual Report, including the Supervisory December 31, 2023.
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 2023, which ended
on December 31, 2023, 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 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: Implemented
Agenda of the Second Meeting All dividends (including interim dividends) Fully
were paid by the Company on March 28, 2024, Implemented
Decision with the following details:
Approved the use of the Company’s consolidated net profit attributable to the owners 1. Republic of Indonesia: IDR
of the parent entity for the Fiscal Year 2023, amounting to IDR 60,099,862,976,229.60 25,714,901,623,444 was deposited into
(sixty trillion – ninety-nine billion – eight hundred sixty-two million – nine hundred the State Treasury Account.
seventy-six thousand – two hundred twenty-nine rupiah – sixty cents), as follows: 2. Public Shareholders: IDR
1. At least IDR 48,102,283,288,576 (forty-eight trillion – one hundred two billion 22,387,381,665,132.
– two hundred eighty-three million – two hundred eighty-eight thousand – 3. The Remaining Net Profit for the Fiscal
five hundred seventy-six rupiah) or IDR 319 (three hundred nineteen rupiah) Year 2023 that was not distributed
per share is allocated as Cash Dividend. This amount includes the Interim as Dividends has been recorded as
Dividend distributed to Shareholders on January 18, 2024, totaling IDR Retained Earnings based on the Financial
12,666,431,963,136 (twelve trillion – six hundred sixty-six billion – four hundred Statements for Fiscal Year 2023.
thirty-one million – nine hundred sixty-three thousand – one hundred thirty-six
rupiah) or IDR 84 (eighty-four rupiah) per share. Accordingly, the remaining cash
dividend to be paid to Shareholders is at least IDR 35,435,851,325,440 (thirty-
five trillion – 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 – fifty-
seven 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.
484 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Reason for
Resolutions Realization in 2024 Not Realized
yet
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
s retained earnings.
Status: Implemented
Third Meeting Agenda 1. Remuneration (salary/honorarium, Fully
facilities, and allowances) for the 2024 Implemented
Decision Financial Year and tantiem for the
1. Approving the granting of authority and power to the Series A Dwiwarna 2023 Financial Year for the Board of
Shareholder to determine for the Members of the Board of Commissioners: Commissioners have been determined by
a. Tantiem/Performance Incentives/Special Incentives for the 2023 Financial the Series A Dwiwarna Shareholder as per
Year and/or Long-Term Incentives for the 2024-2026 Financial Years, in Letter No. SR-198/MBU/04/2024.
accordance with applicable regulations; and 2. Remuneration (salary/honorarium,
b. Honorarium, Allowances, and Facilities for the 2024 Financial Year. facilities, and allowances) for the 2024
2. Approving the granting of authority and power to the Board of Commissioners, Financial Year and tantiem for the
with prior written approval from the Series A Dwiwarna Shareholder, to determine 2023 Financial Year for the Board of
for the Board of Directors: Directors have been determined by the
a. Tantiem/Performance Incentives/Special Incentives for the 2023 Financial Board of Commissioners based on Board
Year and/or Long-Term Incentives for the 2024-2026 Financial Years, in of Commissioners Letter No. SR.12-
accordance with applicable regulations; and KOM/04/2024, with the approval of the
b. Salary, Allowances, and Facilities for the 2024 Financial Year. Series A Dwiwarna Shareholder as per No.
SR-198/MBU/04/2024.
Status: Fully Implemented
Fourth Meeting Agenda The Board of Commissioners has appointed Fully
and determined the audit service fees and Implemented
Decision other terms for Purwantono, Sungkoro &
1. Approving the appointment of Purwantono, Sungkoro & Surja (a member firm Surja (a member firm of Ernst & Young Global
of Ernst & Young Global) as the Public Accounting Firm to audit the Company’s Limited) to audit the Company’s Consolidated
Consolidated Financial Statements, Financial Statements and Implementation Financial Statements for other periods in
of the Micro and Small Business Funding Program, as well as other reports for the 2024 Financial Year for the Company’s
the 2024 Financial Year. purposes and interests.
2. Approving the granting of authority and power to the Company’s Board of
Commissioners to:
a. Appoint a Public Accountant and/or Public Accounting Firm to audit the
Company’s 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: Fully Implemented
Fifth Meeting Agenda The General Meeting of Shareholders (GMS) Fully
has received the Report on the Realization of Implemented
This agenda item is for reporting purposes only. Therefore, the Company did not the Use of Funds from the 2023 Subordinated
conduct voting for decision-making. Bonds IV of Bank BRI and the 2023 Sustainable
Environmental Bonds Phase II of Bank BRI.
PT Bank Rakyat Indonesia (Persero) Tbk 485
Page 488
Corporate
Governance
Reason for
Resolutions Realization in 2024 Not Realized
yet
Sixth Meeting Agenda The latest amendments to the Articles of Fully
Association are documented in Deed No. Implemented
Decision 32, dated April 22, 2024, regarding the
1. Approved amendments to the Company’s Articles of Association to align with Statement of the Annual General Meeting
applicable laws and regulations, including: (a) Law No. 4 of 2023, dated January of Shareholders of PT Bank Rakyat Indonesia
12, 2023, on the Development and Strengthening of the Financial Sector; (Persero) Tbk.
(a) OJK Regulation No. 17 of 2023, dated September 14, 2023, on Governance
Implementation for Commercial Banks;
(b) Minister of SOEs Regulation No. PER-2/MBU/03/2023, dated March 24,
2023, on Governance Guidelines and Significant Corporate Activities of
SOEs;
(c) 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: Fully Implemented
Sixth Meeting Agenda 1. The appointed commissioner has Fully
completed and passed the OJK Fit & Implemented
Decision Proper Test, as confirmed in OJK Decision
1. Honorably dismissing the following individuals from their positions as Company No. KEPR-70/D.03/2024 dated August 8,
Management: 2024.
1). Mr. Catur Budi Harto as Vice President Director 2. The updated company management
2). Mr. Agus Noorsanto as Director of Wholesale and Institutional Business structure has been documented in Deed
3). Mr. Agus Sudiarto as Director of Risk Management No. 10, dated September 23, 2024, as
4). Mr. Hendrikus Ivo as Independent Commissioner per the Annual GMS decision of PT Bank
Each was appointed based on the resolutions of the Extraordinary General Rakyat Indonesia (Persero) Tbk.
Meeting of Shareholders (EGMS) in 2019 dated September 2, 2019; the EGMS
in 2019 dated September 2, 2019 in conjunction with the EGMS in 2021 dated
October 7, 2021; the 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:
Sdr. Amam Sukriyanto;
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
486 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Reason for
Resolutions Realization in 2024 Not Realized
yet
Each was appointed based on the resolution of the Extraordinary General Meeting of
Shareholders (EGMS) on January 21, 2021, and the resolution of 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.
1. 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.
2. 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.
3. 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.
4. 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.
5. 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: Fully Implemented
PT Bank Rakyat Indonesia (Persero) Tbk 487
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Corporate
Governance
Annual GMS Implementation and its Realization 2023
The Annual GMS was held on March 13, 2023 according to OJK Regulation No. 15/POJK.04/2020 concerning Plans and Implementation
of General Meeting of Shareholders of Public Companies and/or OJK Regulation No. 16/POJK.04/2020 concerning Implementation of
Electronic General Meeting of Shareholders of Public Companies, with the following stages:
1. Notifying the plan to hold the Meeting to the Chairman of the Financial Services Authority with Letter Number R.57-DIR/CSC/01/2023
dated January 26, 2023.
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 February 2, 2023.
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 February 17, 2023.
Date Agenda Description
January 26, 2023 Annual GMS Notification to OJK Notification of AGMS to OJK less than 5 (five) working days before to
the announcement of the GMS.
February 2, 2023 Annual GMS Announcement Announcement of the AGMS 14 (fourteen) days prior to the date of
the summons for the AGMS and has been posted on the PT Bursa
Efek Indonesia website, PT Kustodian Sentra Efek Indonesia and the
Company in Indonesian and English.
February 17, 2023 Annual GMS Invitation Invitation for the AGMS 21 (twenty one) days prior to the AGMS
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.
March 13, 2023 Annual GMS The 2023 Annual GMS will be held on March 13, 2023 at BRI Head
Office, Jl. Jend Sudirman Kav 44-46, Jakarta 10210
March 14, 2023 Summary Minutes of Annual GMS Announcement The announcement of the summary of the minutes of the GMS had
been submitted to the OJK 1 (day) after the GMS and published on
the websites of PT Bursa Efek Indonesia, PT Kustodian Sentra Efek
Indonesia and the Company and the Company's website. Dated March
14, 2023, it was published in the print media, such as Investor Daily
and the Jakarta Post. This was faster than the provisions of POJK No.
15 / POJK.04 / 2020, which stated that the announcement of the
summary of the minutes of the GMS resolutions is no later than 2
(two) working days after the GMS is held.
April 12, 2023 Minutes of Meeting Submission The minutes of the GMS are submitted to the OJK approximately 30
(thirty) days after the AGM.
In accordance with Article 42 section (2) of Law Number 40 of 2007 concerning Limited Company as amended by Law Number 11 of 2020
concerning Job Creation (Law of Limited Company), Article 41 section (1) point a of the POJK GMS and Article 25 section (4) point a of
the Company’s Articles of Association, the Meeting might be held if it was attended by the Series A Dwiwarna Shareholders and other
Shareholders and/or their authorized representatives, collectively representing more than ½ (one half) of the total shares with valid
voting rights.
Furthermore, in accordance with Article 42 paragraph (2) of the Company Law, Article 41 paragraph (1) letter c OJK Regulation GMS and
Article 25 paragraph (4) letter a of the Company’s Articles of Association, the resolutions of the Meeting Agenda were valid if approved
by the Series A Dwiwarna Shareholder and the Shareholders. Other shares and/or their legal representatives who together represented
1/2 (one half) of the total shares with voting rights present at the Meeting.
In accordance with the attendance quorum calculation conducted by PT Datindo Entrycom as the Company’s Securities Administration
Bureau, the total shares present and/or represented at the Meeting amounted to 136.071.001.108 shares which was equivalent to
90,171% of the total number of shares with valid voting rights that had been registered. issued by the Company.
488 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Agenda Items
First Approval of the Annual Report and Ratification of the Consolidated Financial Statements of the Company, Approval of the Supervisory
Report of the Board of Commissioners, and Ratification of the Financial Statements for the Micro and Small Business Funding Program
for the 2022 Fiscal Year, along with the Granting of Full Release and Discharge of Responsibility (volledig acquit et de charge) to the
Board of Directors for their management actions and the Board of Commissioners for their supervisory actions carried out during the
2022 fiscal year.
Second Determination of the Allocation of the Company’s Net Profit for the 2022 Fiscal Year.
Third Determination of Remuneration (salary/honorarium, facilities, and allowances) for the 2023 Fiscal Year, as well as Performance Bonuses
(Tantiem) for the 2022 Fiscal Year for the Board of Directors and Board of Commissioners.
Fourth Appointment of a Public Accountant and/or Public Accounting Firm to Audit the Company’s Consolidated Financial Statements for the
2023 Fiscal Year, as well as the Financial Statements and Implementation Report for the Micro and Small Business Funding Program
for 2023.
Fifth Approval of the Company’s Resolution Plan and the Update of the Company’s Recovery Plan.
Sixth Report on the Realization of the Use of Proceeds from the Continuous Public Offering of Bonds and the Limited Public Offering for
Capital Increase with Preemptive Rights I in 2021.
Seventh Approval of the Repurchase of Shares Issued by the Company (Buyback) and the Disposal of Treasury Shares Resulting from the Buyback.
Eighth Changes in the Company’s Management Structure.
Annual GMS Attendance Recapitulation 2023
The entire Board of Commissioners and Directors were present at the 2023 Annual GMS. The details of the attendance of the Board of
Commissioners and Directors are as follows.
No. Name Position Attendance
1. Kartika Wirjoatmodjo President Commissioner Present
2. Rofikoh Rokhim Deputy President Commissioner/Independent Commissioner Present
3. Hadiyanto 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. Arga Mahanana Nugraha Director of Digital and Information Technology Present
14. Handayani Director of Consumer Business Present
15. Supari Director of Micro Business Present
16. Ahmad Solichin Lutfiyanto Director of Compliance Present
17. Agus Noorsanto Director of Wholesale and Institutional Business Present
18. Agus Sudiarto Director of Risk Management Present
19. Agus Winardono Director of Human Capital Present
20. Amam Sukriyanto Director of Small and Medium Business Present
21. Viviana Dyah Ayu R.K. Director of Finance Present
22. Andrijanto Director of Network and Services Present
PT Bank Rakyat Indonesia (Persero) Tbk 489
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Corporate
Governance
Independent Vote Counting Party
Vote counting as a basis for making decisions at the Meeting 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 Questions/Opinions and Results of Voting
Shareholders were given the opportunity to ask questions and/or opinions in each Meeting Agenda. The number of Shareholders who
submitted questions and/or opinions at the Meeting, as well as the results of decision making through voting were as follows.
Question/
Agendas In Favor Against Abstain
Opinion
First 135,440,592,847 votes or 99.537% 13,477,373 votes or 0.010% of 616,930,888 or 0.453% of all 1 (one)
of all shares with valid voting rights all shares with valid voting rights shares with valid voting rights
present at the Meeting present at the Meeting present at the Meeting
Second 135,639,487,467 votes or 99.683% 3,473 votes or 0.000003% of all 431,510,168 votes or 0.317% of None
of all shares with valid voting rights shares with valid voting rights all shares with valid voting rights
present at the Meeting present at the Meeting present at the Meeting
Third 126,437,892,593 votes or 92.921% 9,323,836,566 votes or 6.852% of 309,271,949 votes or 0.227% of None
of all shares with valid voting rights all shares with valid voting rights all shares with valid voting rights
present at the Meeting present at the Meeting present at the Meeting
Fourth 133,816,867,555 votes or 98.343% 1,862,685,797 votes or 1.369% of 391,447,756 votes or 0.288% of None
of all shares with valid voting rights all shares with valid voting rights all shares with valid voting rights
present at the Meeting present at the Meeting present at the Meeting
Fifth 135,749,756,080 votes or 99.764% 3,473 votes or 0.000003% of all 321,241,555 votes or 0.236% of None
of all shares with valid voting rights shares with valid voting rights all shares with valid voting rights
present at the Meeting present at the Meeting present at the Meeting
Sixth This Agenda was a report. Therefore, the Company did not vote for decision making at the meeting. None
Seventh 132,136,015,948 votes or 97.108% 3,607,432,108 votes or 2.651% of 327,553,052 votes or 0.241% of 1 (one)
of all shares with valid voting rights all shares with valid voting rights all shares with valid voting rights
present at the Meeting present at the Meeting present at the Meeting
Eighth 92,770,309,437 votes or 68.178% 42,011,550,436 votes or 30.874% 1,289,141,235 votes or 0.947% of None
of all shares with valid voting rights of all shares with valid voting rights all shares with valid voting rights
present at the Meeting present at the Meeting present at the Meeting
490 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Resolution and Realization of The 2023 AGMS
Reason for
Resolutions Realization in 2023 Not Realized
yet
First Agenda 1. The Annual Report, including the Completely
Consolidated Financial Statements Realized
Decision for the fiscal year ending December
1. Approved the Annual Report, including the ratification of: 31, 2022, has been published;
a. The Company’s Consolidated Financial Statements for the fiscal year ending 2. The General Meeting of Shareholders
December 31, 2022, audited by Purwantono, Sungkoro & Surja (a member (GMS) approved the Annual Report
firm of Ernst & Young Global Limited) under Report No. 00060/2.1032/ and the Supervisory Report of the
AU.1/07/1681-3/1/II/2023 dated February 6, 2023, with an unqualified Board of Commissioners for the fiscal
opinion. year ending December 31, 2022;
b. The Supervisory Report carried out by the Board of Commissioners for the 3. The GMS approved the PUMK report
fiscal year ending on December 31, 2022, as stated in the 2022 Annual for the fiscal year ending December
Report. 31, 2022;
5. Accepted and ratified the Financial Statements of the Micro and Small Business 4. The GMS granted full acquittal and
Funding Program for the fiscal year ending December 31, 2022, audited by discharge (acquit et de charge) to the
Purwantono, Sungkoro & Surja under Report No. 00079/2.1032/AU.2/10/1681- Board of Directors for management
3/1/II/2023 dated February 15, 2023, with an unqualified opinion. actions and to the Board of
6. With the approval of the Annual Report, including the ratification of the Commissioners for supervisory
Consolidated Financial Statements, the Supervisory Report of the Board of actions carried out during the fiscal
Commissioners, and the PUMK Report for the fiscal year ending December 31, year ending December 31, 2022;
2022, the Meeting grants full acquittal and discharge (acquit et de charge) to the
members of the Board of Directors for management actions and to the members
of the Board of Commissioners for supervisory actions carried out during the fiscal
year ending December 31, 2022, provided that such actions are not considered
criminal and have been reflected in the aforementioned reports and supporting
documents.
Second Agenda All dividends (including interim dividends) Completely
have been fully paid by the Company, with Realized
Decision the following details:
Approved the use of the consolidated net profit attributable to the owners of the 1. The Republic of Indonesia received
parent entity for the fiscal year 2022 amounting to IDR 51,170,312,486,481.20 (fifty- IDR 23,153,100,328,010.20, which
one trillion one hundred seventy billion three hundred twelve million four hundred was deposited into the State Treasury
eighty-six thousand four hundred eighty-one Rupiah twenty cents) as follows: Account;
1. 85% or at least IDR 43,494,765,613,509.02 (forty-three trillion four hundred 2. Public shareholders received IDR
ninety-four billion seven hundred sixty-five million six hundred thirteen 20,341,665,285,498.82, paid
thousand five hundred nine Rupiah two cents) is designated as Cash Dividends proportionally to each Shareholder
to be distributed to Shareholders, including the Interim Dividend distributed to whose name was recorded in the
Shareholders on January 27, 2023, amounting to IDR 8,602,823,028,828 (eight Shareholder Register on the recording
trillion six hundred two billion eight hundred twenty-three million twenty-eight date.
thousand eight hundred twenty-eight Rupiah). Thus, the remaining cash dividend 3. The remaining net profit for 2022
to be paid to Shareholders is at least IDR 34,891,942,584,681.02 (thirty-four that was not distributed as dividends
trillion eight hundred ninety-one billion nine hundred forty-two million five has been recorded as retained
hundred eighty-four thousand six hundred eighty-one Rupiah two cents). The earnings based on the 2023 financial
payment shall be made under the following conditions: statements.
a. The portion of the Republic of Indonesia’s dividend based on at least 53.19%
shareholding is at least IDR 23,153,100,328,010.20 (twenty-three trillion one
hundred fifty-three billion one hundred million three hundred twenty-eight
thousand ten Rupiah twenty cents), including the interim dividend distributed
on January 27, 2023, amounting to IDR 4,594,825,681,932 (four trillion five
hundred ninety-four billion eight hundred twenty-five million six hundred
eighty-one thousand nine hundred thirty-two Rupiah). Thus, the remaining
cash dividend to be paid is at least IDR 18,558,274,646,078.20 (eighteen
trillion five hundred fifty-eight billion two hundred seventy-four million six
hundred forty-six thousand seventy-eight Rupiah twenty cents), which will be
deposited into the State Treasury Account.
PT Bank Rakyat Indonesia (Persero) Tbk 491
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Corporate
Governance
Reason for
Resolutions Realization in 2023 Not Realized
yet
b. The 2022 fiscal year dividend shall be paid proportionally to each Shareholder
whose name is recorded in the Shareholder Register on the recording date.
c. The Board of Directors is authorized and given the power of attorney, with the
right of substitution, to:
i. Determine the schedule and distribution procedure related to the
payment of the 2022 fiscal year dividend following applicable regulations.
ii. Deduct the dividend tax in accordance with applicable tax regulations.
iii. Address other related technical matters under applicable provisions.
2. The remaining 15% or a maximum of IDR 7,675,546,872,972.18 (seven trillion six
hundred seventy-five billion five hundred forty-six million eight hundred seventy-
two thousand nine hundred seventy-two Rupiah eighteen cents) will be allocated
as retained earnings.
Third Agenda The remuneration (salary/honorarium, Completely
facilities, and allowances) for the fiscal Realized
Decision year 2023, as well as the Tantiem for the
1. Approved the granting of authority and power to the Series A Dwiwarna Shareholder fiscal year 2022 for the Board of Directors
to determine for Members of the Board of Commissioners: and Board of Commissioners, has been
a. Tantiem/Performance Incentives/Special Incentives for the Fiscal Year 2022; determined by the Board of Commissioners
and based on the approval of the Series A
b. Salary/Honorarium, Benefits and Facilities for the Fiscal Year 2023. Dwiwarna Shareholder, as stated in Letter
2. Approved the granting of authority and power to the Board of Commissioners, No. SR-21/Wk2.MBU.A/07/2022.
subject to prior written approval from the Series A Dwiwarna Shareholder, to
determine for Members of the Board of Directors:
a. Tantiem/Performance Incentives/Special Incentives for the Fiscal Year 2022;
and
b. Salary/Honorarium, Benefits and Facilities for the Fiscal Year 2023.
Fourth Agenda The Board of Commissioners has Completely
appointed and determined the audit Realized
Decision fees and other requirements for KAP
1. Approved the appointment of Purwantono, Sungkoro & Surja (a member firm Purwantono, Sungkoro & Surja (a member
of Ernst & Young Global Limited) as the Public Accounting Firm to audit the firm of Ernst & Young Global Limited)
Company’s Consolidated Financial Statements for the fiscal year 2023, as well to audit the Company’s Consolidated
as the Financial Statements and Implementation of the Micro and Small Business Financial Statements for other periods in
Funding Program for the fiscal year 2023; the fiscal year 2023 for the purposes and
2. Approved the granting of authority and power to the Board of Commissioners to: interests of the Company.
a. Appoint a Public Accountant and/or Public Accounting Firm to audit the
Company’s Consolidated Financial Statements for other periods in the fiscal
year 2023 for the Company’s purposes and interests.
b. Determine the audit 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 if Purwantono, Sungkoro & Surja, for any
reason, is unable to complete the audit of the Company’s Consolidated
Financial Statements for the fiscal year 2023 and/or other periods in the
fiscal year 2023, including determining audit fees and other terms for the
Replacement Public Accountant and/or Public Accounting Firm.
Fifth Agenda The GMS approved the Company’s Completely
Resolution Plan, including granting Realized
Decision authority and power to the Board of
1. Approved the Resolution Plan that has been prepared and submitted by the Commissioners and the Board of Directors
Company to the Indonesia Deposit Insurance Corporation (LPS); to take necessary actions related to the
2. Approved the update of the Recovery Plan that has been prepared and submitted implementation of the Recovery Plan.
by the Company to the Financial Services Authority;
3. Approved the granting of authority and power to the Board of Commissioners and
the Board of Directors of the Company to take any and all necessary actions related
to the Recovery Plan in compliance with OJK Regulation No. 14/POJK.03/2017 on
Recovery Plans for Systemic Banks and other related regulations.
Sixth Agenda The GMS received the report on the Completely
realization of the use of funds from the Realized
Decision Sustainable Environmental Bonds Phase I
This agenda item is for reporting purposes only. Therefore, no voting was conducted for Year 2022 Public Offering and the Limited
decision-making at the Meeting. Public Offering.
492 PT Bank Rakyat Indonesia (Persero) Tbk
Page 495
2024 Annual Report
Reason for
Resolutions Realization in 2023 Not Realized
yet
Sevent Agenda The GMS approved the share buyback 1. The Company
carried out in stages by the Board of was still in
Decision Directors. the process of
1. Approved the buyback of the Company’s shares that have been issued and listed repurchasing
on the Indonesia Stock Exchange (IDX) with a total buyback amount of up to IDR its shares until
1,500,000,000,000 (one trillion five hundred billion Rupiah), subject to applicable September 14,
licenses, regulations, and laws 2024.
2. Approved the transfer of buyback shares retained as treasury stock for the 2. The transfer
implementation of the Employee Stock Ownership Program and/or for Directors of shares
and Commissioners who meet the eligibility requirements to own Company resulting from
shares and/or other programs in accordance with the Financial Services Authority the share
approval and applicable laws and regulation buyback was
3. Granted authority and power to the Board of Directors to execute the buyback. pending until
4. Granted authority and power to execute the transfer of buyback shares retained as the Company
treasury stock to: completes the
a. The Board of Directors for the Employee Stock Ownership Program and/or repurchase of
other programs in accordance with the approval from the Financial Services all shares.
Authority
b. he Board of Directors, subject to the approval of the Series A Dwiwarna
Shareholder, for the Stock Ownership Program for Directors and/or
Commissioners who meet the eligibility requirements to own Company
shares, including determining Remuneration (Salary/Honorarium, Facilities,
and Allowances) and Tantiem/Performance Incentives/Special Incentives for
the Board of Directors and/or the Board of Commissioners of the Company
Eighth Agenda Commissioners appointed at the 2023 GMS Completely
have completed and obtained approval for Realized
Decision the Fit and Proper Test from the Financial
1. Honorably dismissed the following individuals as Members of the Board of Services Authority in accordance with the
Commissioners and the Board of Directors of the Company: Decision Letter of the Financial Services
a. Mr. Sunarso as President Director Authority Board of Commissioners No.
b. Mr. Supari as Director of Micro Business KEPR-160/D.03/2023 dated December 8,
c. Mr. Ahmad Solichin Lutfiyanto as Director of Compliance 2023.
d. Mr. Hadiyanto as Commissioner
The respective members of the Board of Commissioners and the Board of
Directors were appointed based on the resolutions of the Extraordinary
General Meeting of Shareholders (EGMS) in 2019 on January 3, 2019, and
September 2, 2019, as well as the Annual General Meeting of Shareholders
(AGMS) for the 2017 fiscal year on March 22, 2018, and subsequent
resolutions. The dismissal of the Members of the Board of Commissioners
and the Board of Directors is effective upon the closing of the Meeting, with
gratitude expressed for their contributions during their tenure.
2. Appointed the following individuals as Members of the Board of Commissioners
and the Board of Directors of the Company:
a. Mr. Sunarso as President Director
b. Sdr. Supari sebagai Direktur Bisnis Mikro
c. Mr. Ahmad Solichin Lutfiyanto as Director of Compliance
d. Mr. Awan Nurmawan Nuh as Commissioner
3. The term of office for the appointed Members of the Board of Commissioners and
the Board of Directors is a maximum of five (5) years from the date of appointment,
subject to capital market regulations, without prejudice to the right of the General
Meeting of Shareholders to dismiss them at any time
4. With these dismissals and appointments, the composition of the Company’s
Board of Commissioners and Board of Directors is as follows:
Board of Commissioners
President Commissioner: Kartika Wirjoatmodjo
Vice President Commissioner/Independent Commissioner: Rofikoh Rokhim
Commissioner: Awan Nurmawan Nuh*
Commissioner: Rabin Indrajad Hattari
Independent Commissioner: Hendrikus Ivo
Independent Commissioner: Dwi Ria Latifa
Independent Commissioner: Heri Sunaryadi
Independent Commissioner: Paripurna Poerwoko Sugarda
Independent Commissioner: Agus Riswanto
Independent Commissioner: Nurmaria Sarosa
PT Bank Rakyat Indonesia (Persero) Tbk 493
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Corporate
Governance
Reason for
Resolutions Realization in 2023 Not Realized
yet
Board of Directors
President Director: Sunarso
Vice President Director: Catur Budi Harto
Director of Consumer Business: Handayani
Director of Micro Business: Supari
Director of Compliance: Ahmad Solichin Lutfiyanto
Director of Wholesale & Institutional Business: Agus Noorsanto
Director of Risk Management: Agus Sudiarto
Director of Human Capital: Agus Winardono
Director of Small & Medium Business: Amam Sukriyanto
Director of Finance: Viviana Dyah Ayu R.K.
Director of Digital & Information Technology: Arga Mahanana Nugraha
Director of Networks & Services: Andrijanto
Note:
*) The newly appointed Commissioner may only assume duties upon obtaining
approval from the Financial Services Authority for the Fit & Proper Test.
5. The newly appointed Members of the Board of Commissioners as stated in item 2
may assume their duties only after receiving approval from the Financial Services
Authority for the Fit & Proper Test and complying with applicable laws and
regulations. If any of the appointed Members of the Board of Commissioners or
Board of Directors is later declared unapproved by the Financial Services Authority
in the Fit & Proper Test, they shall be honorably dismissed from their position as of
the date of the Financial Services Authority’s decision.
6. Newly appointed Members of the Board of Commissioners and Board of Directors
who currently hold other positions prohibited by law from being held concurrently
with the role of Commissioner in a State-Owned Enterprise must resign or be
dismissed from their current positions.
7. Granted authority and power to the Board of Directors, with the right of
substitution, to take all necessary actions related to the resolutions of this Meeting,
in compliance with applicable laws and regulations, including documenting these
resolutions in a Notarial Deed, notifying the Ministry of Law and Human Rights,
and requesting the Financial Services Authority to conduct the Fit & Proper Test
on the newly appointed Board of Commissioners.
Additionally, the Board of Directors is granted the authority and power, with the right of
substitution, to document all resolutions of this Meeting in the form of a Notarial Deed,
appear before a Notary or relevant authorities, and make any necessary adjustments as
required by regulatory bodies for the execution of the resolutions.
GMS Decisions in The Fiscal Year and 1 (One) Year Prior to The Fiscal Year Which are Realised in The
Fiscal Year
All decisions of the 2024 GMS have been realized in 2024 and the 2023 GMS has been realized in 2023. So there are no decisions of the
2023 GMS that have not been realized in 2024.
494 PT Bank Rakyat Indonesia (Persero) Tbk
Page 497
2024 Annual Report
Board of Directors 3. Ensure the existence of an effective control system to ensure
the reliability and integrity of information, compliance with
Duties and Responsibilities of the Board of applicable policies, procedures, rules and laws, safeguards of
Directors the Bank’s assets, the efficient use of economic resources,
and the achievement of defined objectives and targets for
Following the Articles of Association, the Board of Directors operations.
is collegially responsible for managing the Company and
representing the Company in and out of court matters. The Responsibilities on Organization
Board of Directors is obliged to prioritize the Company’s Create an organizational structure, tasks and assign clear
interests following the aims and objectives of the Company while responsibilities, including management appointments.
still complying with the provisions of the applicable laws and
regulations, the Articles of Association, and the resolutions of Rights and Authority of The Board of
the GMS. Directors
Responsibilities to the Board of Commissioners and Shareholders In carrying out its duties and responsibilities, the Board of
1. Implementing the GMS resolutions. Directors has the authority as regulated in the Company’s
2. Prepare the Corporate LongTerm Plan, Bank Business Plan, Articles of Association as follows:
Work Plan and Budget and other work plans and changes to 1. Establish Policies in accordance with the management of the
be submitted for approval from the Board of Commissioners Company.
3. Conduct the GMS based on a written request from one or 2. Arrange the delegation of authority of the Board of Directors
more shareholders representing at least 1/10 (one ten) of to represent the Company inside and outside the court to
the total shares issued with valid voting rights. one or several members of the Board of Directors specifically
4. Prepare and maintain a shareholders registry and special appointed for such purpose, or to a personnel and/ or other
lists containing shareholdings of the commissioners and entity.
directors including their families within the Bank and in other 3. Administer the regulations on the Company’s manpower,
companies. including determining salaries, pensions or benefits and
5. Consult the lending facility above a certain amount to other income for the Company’s employees pursuant to the
the Board of Commissioners by referring to the prevailing prevailing laws and regulations.
provisions. 4. Appoint and discharge the Company’s employees pursuant
6. Submit an Annual Report following the review by the Board to the Company’s manpower regulations and prevailing laws
of Commissioners within a period of no later than 5 (five) and regulations.
months after the ending of fiscal year to the General Meeting 5. Appoint and discharge the Corporate Secretary.
of Shareholders for approval. 6. Write-off bad loans hereinafter reported to the Board of
Commissioners.
Responsibilities in Accounting and Annual Report 7. Not to recollect interest receivables, penalties, costs and
1. Conduct and maintain the Bank’s books and administration other receivables besides the basis in order to pay off the
in accordance with the prevailing practices of the company. Company’s receivables.
2. Ensure the Bank’s accounting system is in accordance 8. Release the right to collect or not collect any more bad debts
with financial accounting standards and internal control that have been written off in the context of loan settlement,
principles, particularly in terms of financial management, either in part or in whole, which is implemented based on the
recording, retention and control. policy determined by the Board of Directors with the approval
3. Prepare Annual Report and Periodic Financial Report. of the Board of Commissioners and within the amount of
the write-off ceiling (limit) that has been determined by the
Responsibilities on Risk Management GMS which will remain in effect until a new ceiling (limit) is
1. Ensure the adequacy of processes and systems to identify, determined by the GMS.
assess and control the risks encountered by the Bank. 9. Forming committees according to needs.
2. Monitor and valuate the existence of a sound management 10. Take or perform all other actions and deeds with regard to the
process to assess the adequacy of risk management system management and ownership of the Company’s assets, bind
and internal control, financial reporting and compliance. the Company to other parties and/or bind other parties to the
Company, and representing the Company inside and outside
the court with respect to all matters and in all events, with the
limitations as provided in the laws and regulations, the Articles
of Association and/or the Resolutions of the GMS.
PT Bank Rakyat Indonesia (Persero) Tbk 495
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Corporate
Governance
Board of Directors Tenures d. Member in the structure of political party and or
legislative candidate/member and or candidate of head/
The members of the Board of Directors are appointed for a period deputy head of region and or
starting from the closing of the GMS or the date determined by e. Other positions that may inflict conflict of interests and/
the GMS that appointed them and ending at the closing of the or other positions pursuant to the prevailing laws and
5th (fifth) Annual GMS after the date of their appointment with regulations.
the condition that it may not exceed a period of 5 (five) years, but 5. Have integrity, dedication, understand company management
without reducing the right of the GMS to dismiss members of the issues related to one of the management functions, have
Board of Directors at any time before their term of office ends. adequate knowledge in the banking business sector, and be
After the term of office ends, members of the Board of Directors able to provide sufficient time to carry out his/her duties.
may be reappointed by the GMS for one term of office. 6. Do not have any family ties with members of the Bank’s
Board of Directors and/or Board of Commissioners up to the
Board of Directors Criterias third degree, either vertically or horizontally, including family
ties resulted from marriage.
The criteria for the Board of Directors of BRI had met the
requirements as stipulated in the OJK Regulation No. 33/ Compliance with the Fit and Proper Assessment
POJK.04/2014 concerning the Board of Directors and Board of OJK Regulation No. 27/POJK.03/2016 concerning the Fit
Commissioners of Issuers or Public Companies and OJK Regulation and Proper Assessment and Financial Services Authority
Number 17/POJK.03/2023 concerning the Implementation of Circular Letter No. 39/SEOJK.03/2016 concerning the Fit and
Governance for Commercial Banks, Minister of SOEs Regulation Proper Assessment for Prospective Controlling Shareholders,
No. PER-3/MBU/03/2023 on SOE Organs and Human Resources, Prospective Members of the Board of Directors, and Prospective
and other applicable regulations. Members of the Board of Commissioners of Banks stipulates that
members of the Board of Directors and members of the Board of
General Qualifications Commissioners must obtain approval from OJK before carrying
1. An individual who is capable of carrying out legal actions. out their actions, duties and functions as the Main Party. In this
2. Domiciled in Indonesia. regard, members of the Board of Directors and members of the
3. Within 5 (five) years prior to his appointment and during his Board of Commissioners must have and meet the requirements
tenure, never: of integrity, financial reputation, adequate knowledge in the
a. Declared bankrupt; banking sector and relevant to their position, experience,
b. Become a member of the Board of Directors or a member expertise and competence in the banking sector and/or finance
of the Board of Commissioners who is found guilty of and the ability to carry out strategic management in order to
causing a company to be declared bankrupt; or develop a healthy bank.
c. Sentenced for committing a crime that is detrimental to
state finances and/or related to the financial sector. Board of Directors’ Working Guidelines and
d. Never been a member of the Board of Directors and/or Procedures
a member of the Board of Commissioners during his/her
term of office: BRI Board of Directors has in place the BOD Board Charter,
i. Has never held an Annual GMS; based on the Decree Nokep B.299-DIR/SKP/04/2020 dated
ii. His/her accountability as a member of the Board April 24, 2020. The BOD Board Charter contains work rules and
of Directors and/or member of the Board of guidance of the Board of Directors in performing their respective
Commissioners has never been accepted by the GMS duties aligned with the vision and mission to be achieved by the
or has never provided accountability as a member of Company. The BOD Board Charter contains among others.
the Board of Directors and/or member of the Board
of Commissioners to the GMS; and The Board of Directors Charter contains:
iii. Has ever caused a company that has obtained a 1. General provisions for the positions of members of the
permit, approval, or registration from the OJK to fail Board of Directors
to fulfill its obligation to submit an annual report 2. Duties and responsibilities of the Board of Directors
and/or financial report to the OJK. 3. Authority and obligations of the Board of Directors
4. Does not hold concurrent position as: 4. Company values
a. Member of the Board of Directors of SOEs, Regional 5. Board of Directors’ work ethic
owned enterprises, or private enterprises; 6. Board of Directors working hours
b. Member of the Board of Commissioners/ Supervisory 7. Board of Directors Meeting
Board of the SOE; 8. Membership Structure of the Board of Directors
c. Structural and functional positions in the central or local 9. Reporting and Accountability of the Board of Directors
government institutions;
496 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Board of Directors Duties
In accordance with the Decree of NOKEP: 1046-DIR/PPM/04/2024 concerning the Determination of the Job Descriptions of the Directors
and Senior Executive Vice President (SEVP) of PT Bank Rakyat Indonesia (Persero) Tbk. Established on April 3, 2024, are as follows:
Table of Directors’ Duties
Name Position Task Field
Carrying out internal duties and authority:
a. Directing the Company’s strategy and work plans.
b. Leading all Directorates and Sub Directorates responsible for the management of the Company.
c. Achievement of Company targets.
Sunarso President Director
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Directing the Company’s strategy and work plans.
b. Leading all Directorates and Sub Directorates responsible for the management of the Company.
Vice President c. Achievement of Company targets.
Catur Budi Harto
Director
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Company & Finance
Directorate as well as the Change Management & Transformation Office Sub-Directorate.
c. Achievement of targets for the Finance Directorate and Change Management & Transformation
Office Sub-Directorate.
d. Subsidiary Company business development (according to assignments stipulated in separate
provisions).
Viviana Dyah Ayu R.K. Director of Finance
e. Coaching the performance of the Regional Office (according to assignments determined in
separate provisions).
f. Organizational Management of Directorates, Sub Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Wholesale &
Institutional Business Directorate and the Treasury & Global Services Business Sub-Directorate.
c. Achievement of wholesale and institutional business targets as well as treasury and global
services business.
Director of d. Subsidiary Company business development (according to assignments stipulated in separate
Wholesale and provisions).
Agus Noorsanto
Institutional e. Coaching the performance of the Regional Office (according to assignments determined in
Business separate provisions).
f. Organizational Management of Directorates, Sub-Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
PT Bank Rakyat Indonesia (Persero) Tbk 497
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Corporate
Governance
Name Position Task Field
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Micro Business
Directorate and Ultra Micro Business Sub-Directorate.
c. Achievement of micro and ultra-micro business targets (including BRILink business, business
incubation and implementation and distribution of Government Programs).
d. Subsidiary Company business development (according to assignments stipulated in separate
Director of Micro provisions).
Supari
Business e. Coaching the performance of the Regional Office (according to assignments determined in
separate provisions).
f. Organizational Management of Directorates, Sub Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in the Management Contract.
b. Preparation and implementation of strategies and development of the Risk Management
Directorate.
c. Achievement of targets of the Risk Management Directorate.
d. Subsidiary Company business development (according to assignments stipulated in separate
provisions).
Director of Risk
Agus Sudiarto e. Coaching the performance of the Regional Office (according to assignments determined in
Management
separate provisions).
f. Organizational Management of Directorates, Sub Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Digital & Information
Technology Directorate and Operations Sub-Directorate.
c. Achievement of targets for the Digital & Information Technology Directorate and Operations
Sub-Directorate.
d. Subsidiary Company business development (according to assignments stipulated in separate
Director of Digital
provisions).
Arga Mahanana Nugraha and Information
e. Coaching the performance of the Regional Office (according to assignments determined in
Technology
separate provisions).
f. Organizational Management of Directorates, Sub Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Decisions of the
Company’s Executive Board Meeting to ensure the Company’s business and activities are carried
out in accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Compliance Directorate.
c. Achievement of Compliance Directorate targets.
d. Coaching the performance of the Regional Office (according to assignments determined in
Director of
Ahmad Solichin Lutfiyanto separate provisions).
Compliance
e. Directorate Organizational Management and collaboration with related stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Consumer Business
Directorate.
c. Achievement of consumer business targets.
d. Subsidiary Company business development (according to assignments stipulated in separate
Director of provisions).
Handayani
Consumer Business e. Coaching the performance of the Regional Office (according to assignments determined in
separate provisions).
f. Directorate Organizational Management and collaboration with related stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Decisions of the General
Meeting of Shareholders to ensure that the Company’s business and activities are carried out in
accordance with the Company’s objectives.
498 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Name Position Task Field
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Human Capital
Directorate and Human Capital Strategy Sub-Directorate.
c. Achievement of targets for the Human Capital Directorate and Human Capital Strategy Sub-
Directorate.
d. Subsidiary Company business development (according to assignments stipulated in separate
Director of Human provisions).
Agus Winardono
Capital e. Coaching the performance of the Regional Office (according to assignments determined in
separate provisions).
f. Organizational Management of Directorates, Sub Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Resolutions of the
General Meeting of Shareholders to ensure that the Company’s business and activities are carried
out in accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Preparation and implementation of strategies and development of the Retail Funding and
Distribution Directorate.
c. Achievement of funding business targets, retail payment business, network targets and
services.
d. Subsidiary Company business development (according to assignments stipulated in separate
Director of Retail
provisions).
Andrijanto Funding and
e. Coaching the performance of the Regional Office (according to assignments determined in
Distribution
separate provisions).
f. Organizational Management of Directorates, Sub Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Resolutions of the
General Meeting of Shareholders to ensure that the Company’s business and activities are carried
out in accordance with the Company’s objectives.
Carrying out internal duties and authority:
a. Achievement of Company targets in Management Contracts.
b. Formulation and implementation of strategies and development of the Commercial, Small and
Medium Business Directorate and Commercial Business Sub Directorate.
c. Achievement of small business targets (including Small KUR), medium businesses, value chains
and commercial businesses.
Director of d. Subsidiary Company business development (according to assignments stipulated in separate
Commercial, provisions).
Amam Sukriyanto
Small and Medium e. Coaching the performance of the Regional Office (according to assignments determined in
Business separate provisions).
f. Organizational Management of Directorates, Sub Directorates and collaboration with related
stakeholders.
In accordance with statutory regulations, the Articles of Association and/or Resolutions of the
General Meeting of Shareholders to ensure that the Company’s business and activities are carried
out in accordance with the Company’s objectives.
Policy of Concurrent Position of Board of Directors
Board of Directors are prohibited from holding concurrent 4. Political party administrators, members of the DPR, DPD,
positions as described below, namely: DPRD Level I, and DPRD Level II and/or regional head/deputy
1. Members of the Board of Directors in State-Owned regional head candidates.
Enterprises, Regional-Owned Enterprises, private-owned 5. Other positions that may cause conflicts of interest and/or
enterprises. other positions following the applicable laws and regulations.
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.
PT Bank Rakyat Indonesia (Persero) Tbk 499
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Corporate
Governance
Table of Concurrent Position of Board of Directors
Position in Companies/ Other Company name/
Name Position
Agencies Other Agencies
Sunarso President director - -
Catur Budi Harto Vice President Director - -
Viviana Dyah Ayu R.K. Director of Finance - -
Agus Noorsanto Director of Wholesale and Institutional Business - -
Supari Director of Micro Business - -
Agus Sudiarto Director of Risk Management - -
Arga Mahanana Nugraha Director of Digital and Information Technology - -
Ahmad Solichin Lutfiyanto Director of Compliance - -
Handayani Director of Consumer Business - -
Agus Winardono Director of Human Capital - -
Andrijanto Director of Retail Funding and Distribution - -
Amam Sukriyanto Director of Commercial, Small and Medium Business - -
Board of Directors Conflict of Interest 2. Meetings in principle are held on certain days in the current
Management month. Meetings can be scheduled on another day if:
a. It is deemed necessary by 1 (one) or more members of
Members of the Board of Directors are prohibited from using the the Board of Directors.
Company for personal, family, and/or other party interests that b. At the written request of 1 (one) person or more members
may harm or reduce the profits and the reputation of the Company of the Board of Commissioners.
and its subsidiaries. In addition, members of the Board of Directors a. Meetings may be held at the Company’s domicile or
are prohibited from taking and/or receiving personal benefits, in other places within the territory of the Republic of
either directly or indirectly, in the Company’s activities other than Indonesia or where the Company conducts business
remuneration/income (salary/honorarium, facilities, and allowances) activities. Based on specific considerations, meetings
and bonuses determined following applicable regulations. can be held through conferences (via electronic media,
including teleconferencing media, video conferences or
Members of the Board of Directors who have a conflict of interest other electronic media facilities).
in the Company’s transactions and/or corporate actions are 3. The Board of Directors is required to schedule a meeting for
required to declare the conflict of interest and cannot be involved the following year before the end of the fiscal year with an
in the decision-making process related to the transaction and/or agenda that is adjusted to the Management Calendar. The
corporate action. Any transaction containing a conflict of interest scheduling of the meeting is determined in the Board of
must first obtain the approval of independent shareholders Directors Meeting.
before the transaction is implemented.
Meeting Agenda and Materials
In 2024, there were no BRI corporate actions containing a conflict Proposed agendas and meeting materials for the Board of
of interest and carried out by members of the Board of Directors. Directors are submitted no later than 5 (five) working days before
the meeting is held. Apart from the scheduled meetings, meeting
Board of Directors Meetings materials are submitted no later than before the meeting is held.
Board of Directors Meetings Policy Meeting Invitation
1. The summons for the meeting shall be delivered directly
The Board of Directors meeting policies that have been regulated to each meeting participant in writing by letter and/or
in the Board of Directors Work Guidelines are: electronic mail and/or digital message and/or other means
with adequate receipts.
Time and place 2. The summons for the meeting shall include the agenda,
1. The Board of Directors is required to hold regular Board of presenters, date, time, and place of the meeting.
Directors meetings at least 1 (one) time every month. In 3. Submitted at least 5 (five) working days before the Board
addition to meetings of the Board of Directors, together of Directors meeting is held, without taking into account
with the Board of Commissioners, the Board of Directors the date of the summons and the date of the meeting, or a
periodically at least 1 (one) time in 4 (four) months must hold shorter period if the situation is urgent.
a meeting with the Board of Commissioners.
500 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
7. Voting regarding individuals is carried out using a closed
Quorum and Decision Making
ballot without a signature, while voting regarding other
1. The meeting is legal and has the right to make binding
matters is carried out verbally, unless the chairman of the
decisions if it is attended and/or represented by more than
meeting determines otherwise without any objection based
2/3 (two-thirds) of the total members of the Company’s
on the majority vote of the members of the Board of Directors
Board of Directors
and/or Board of Commissioners present.
2. Board of Directors meetings are chaired by the President
8. Every member of the Board of Directors and/or Board
Director. If the President Director is absent or unable to
of Commissioners who personally in any way, directly or
attend, the Deputy President Director will chair the Board of
indirectly, has an interest in a transaction or contract,
Directors Meeting.
whether existing or future, with the Company being one
3. In the event that deliberation to reach a consensus is not
of the parties, must state the nature of the interest in the
reached, then the decision is taken by voting based on the
meeting. Therefore, the member of the Board of Directors
affirmative votes of at least 2/3 (two thirds) of the number
and/or the Board of Commissioners concerned is not entitled
of valid votes cast at the Board of Directors Meeting. If the
to vote on matters related to the transaction or contract.
voting results do not reach at least 2/3 (two thirds), then the
Board of Directors Meeting does not make a decision on the
agenda. Meeting Minutes
4. Each member of the Board of Directors and/or Board of 1. The meeting results must be stated in the Minutes of
Commissioners had the right to cast 1 (one) vote and an Meeting, which is valid evidence for members of the Board of
additional 1 (one) vote for the member of the Board of Directors regarding the decisions taken.
Directors and/or Board of Commissioners that he/she legally 2. Minutes of the meeting must at least include:
represented in the meeting. a. Place, date, and time the meeting was held.
5. In the event that there is a proposal with more than 2 b. Agenda discussed.
(two) alternative decisions and the voting results have not c. Attendance list signed by meeting participants.
obtained more than ½ (one half) of the votes for 1 (one) d. The length of the meeting.
alternative decision, then a re-vote will be carried out for 2 e. Decision was taken.
(two) alternative decisions with the total majority of votes, so f. Matters discussed, including statements of disapproval
that more than 2/3 (two thirds) of the valid votes cast at the and/or objection (dissenting opinion) along with the
Board of Directors Meeting are obtained in agreement. reasons, if any.
6. A blank vote (abstain) is deemed to approve the proposal 3. The Company documents minutes of the meeting.
submitted at the meeting. Invalid votes are considered
nonexistent and are not counted in determining the number
of votes cast at 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 2025 is explained in the following table.
No. Meeting Agenda in 2025 Time
1 Performance Evaluation and Report for the Fiscal Year 2024 Second week of January 2025
2 First Quarter Performance Evaluation in 2025 First week of April 2025
3 Second Quarter Performance Evaluation in 2025 First week of July 2025
4 Third Quarter Performance Evaluation in 2025 Second week of October 2025
5 Forth Quarter Performance Evaluation in 2025 Second week of January 2025
6 Evaluation and Business Plan Revision Strategy for the Bank (2025–2027) Second week of June 2025
7 Corporate Work Plan and Budget for 2026 Forth week of June 2025
8 Operational Activities and Corporate Decisions Requiring Approval from the Board To be conducted at least once a month in the year 2025.
of Commissioners
PT Bank Rakyat Indonesia (Persero) Tbk 501
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Corporate
Governance
Agenda, Dates and Participants of The Board of Directors’ Meetings
Throughout 2024, the agenda, dates and participants of the Board of Directors Meetings are as follows.
Table of Board of Directors Meetings
Attendance List of Directors
Director of
No. Date Agenda Vice Director Director Director
President Wholesale and
President of Risk of Human of
Director Institutional
Director Management Capital Finance
Business
- ARCI Updates and Follow-
January 2,
1 ups 1 1 1 1 1 1
2024
- Update of BRI 2024 GMS
- BRI Corporate Action
January 08, Update
2 1 1 1 1 1 1
2024 - BRI Management Contract
2024
January 15, - Compilation Update
3 1 1 1 1 1 1
2024 - IKN Update
January 22,
4 - MSME Business Index 1 1 1 1 1 1
2024
- Issuance of Non-Foreign
Currency DPK
- BRI Financial Performance
in 2023:
1. Update of Figures as of
December 31, 2023 and
January 29, Audit Progress
5 1 1 1 1 1 1
2024 2. Analyst Meeting and
Publication of BRI’s
Financial Performance
for the Fourth Quarter of
2023
3. Press Conference Analyst
Meeting
- BRI Corporate Action
February 5, Update
6 1 1 1 1 1 1
2024 - Proposed Dividend Payout
Ratio
- BRI Integrated Event
February 13,
7 - Employee Compensation 1 1 1 1 1 1
2024
and Benefits
February 19, - 2024 AGM Update
8 1 1 1 1 1 1
2024 - Compensation and Benefits
- Subsidiary Company
- BBSP Awardee Career
February 26,
9 Development Journey 1 1 1 1 1 1
2024
- Human Capital Strategy
(People & Culture)
- BRI Communication Synergy
2024
10 March 4, 2024 1 1 1 1 1 1
- BRI Initiative Update on
Payment Transactions
- Health Facilities
Management as an
11 March 13, 2024 1 1 1 1 1 1
implementation of PER-03/
MBU/03/2023
502 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Director of
Director of Director Director in Total
Commercial, Director Director of Quorum
Digital and of Retail Director of attendance Directors
Small and of Micro Consumer
Information Funding and Compliance
Medium Business Business
Technology Distribution
Business
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 0 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
PT Bank Rakyat Indonesia (Persero) Tbk 503
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Corporate
Governance
Attendance List of Directors
Director of
No. Date Agenda Vice Director Director Director
President Wholesale and
President of Risk of Human of
Director Institutional
Director Management Capital Finance
Business
- Security Biometric
Validation Platform
- Update on Homecoming
12 March 18, 2024 1 1 1 1 1 1
with BUMN
- February Performance and
Concern 2024
- BRIFIRST Project Update
13 March 25, 2024 - Micro and Small Loan 1 1 1 1 1 1
Quality Management
- Performance Q1 2024
- Business Unit Evaluation
14 April 1, 2024 Method 2024 1 1 1 1 1 1
- BRI Corporate Action
Update
- BRI Human Capital
15 April 16, 2024 1 1 1 1 1 1
Demographic Update
- MSME Business Index Q2
2024
- Analyst Meeting and
Publication of Financial
15 April 22, 2024 1 1 1 1 1 1
Report Q1 2024
- Brilian Shine
“Transformation
Leadership”
- Update Progress People and
Culture Roadmap
16 April 29, 2024 1 1 1 1 1 1
- BRI Negative Sentiment and
News on Social Media
- SME Pipeline Management
Update
17 May 6, 2024 1 1 1 1 1 1
- Proposed Postir RKAP 2024
Revised
- Loan Quality Improvement
19 May 13, 2024 Strategy Update 1 1 0 1 1 1
- Loan Quality Projection
- UKO KPI Adjustment
- BRI Corporate Action
20 May 20, 2024 Update 1 1 1 1 1 1
- Fraud Investigation Results
Update
- Learning Program Journey
Micro Business Line
- Workers Compensation and
21 May 27, 2024 Benefits in 2024 1 1 1 1 1 1
- BGLF and Anniversary Logo
- Fraud Investigation Results
Update
- KC Metro and SBH
Evaluation
22 June 03, 2024 1 1 1 1 1 1
- BRI Corporate Action
Update
- Results of the
organizational effectiveness
23 June 10, 2024 1 1 1 1 1 1
survey
- Update of RKAP and RBB
504 PT Bank Rakyat Indonesia (Persero) Tbk
Page 507
2024 Annual Report
Director of
Director of Director Director in Total
Commercial, Director Director of Quorum
Digital and of Retail Director of attendance Directors
Small and of Micro Consumer
Information Funding and Compliance
Medium Business Business
Technology Distribution
Business
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
PT Bank Rakyat Indonesia (Persero) Tbk 505
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Corporate
Governance
Attendance List of Directors
Director of
No. Date Agenda Vice Director Director Director
President Wholesale and
President of Risk of Human of
Director Institutional
Director Management Capital Finance
Business
- Marketer Compensation and
Benefits Update 2024
- Loan Quality Improvement
24 June 19, 2024 1 1 1 1 1 1
Strategy Update
- Update on Culture
Barometer
- KBUMN ICOFR Diagnostic
Report Progress Update
- Business Process
Architecture
25 June 24, 2024 1 1 1 1 1 1
- Revision of RKAP 2024 and
RBB 2024-2026
- Terms of Reference BRI
Group Leadership Forum
- BRIBRAIN
- Growing quality consumer
Loan
- Regulatory Review
26 July 1, 2024 1 1 1 1 1 1
& Roadmap for
Implementation of the
Personal Data Protection
Act
- Resilience Strategy Update
- Board of Management
27 July 8, 2024 1 1 1 1 1 1
Forum updates
- Secondary Accrued Interest
- BRIsat Satellite Operational
Update
- Fraud Investigation Results
28 July 15, 2024 1 0 1 1 1 1
Update
- Sponsorship Proposal for
League 1 2024-2025
- Kupedes loan insurance
follow-up plan
- BMSI Q2 2024 Update
29 July 22, 2024 1 1 1 1 1 1
- Analyst Meeting and
Publication of BRI Q2
Financial Report
- BRI Corporate Action
30 July 29, 2024 1 1 1 1 1 1
Update
- BRILiaN Independence
Week 2024
31 August 5, 2024 - BOD Retreat 2024 0 1 1 1 1 1
- LTI Board of Management
2024-2026
- Kupedes Loan Insurance
August 12, - BRI Corporate Plan Update
32 1 1 1 1 1 1
2024 2025 - 2029
- BRI Collegial KPI 2024
- Finalization of 2029
Aspirations & Discussion
August 19, Regarding BRI Fundamental
33 1 1 1 1 1 1
2024 Questions
- BRI Corporate Action
Update
- BRI Corporate Action
August 26,
34 Update 1 1 1 1 1 1
2024
- White Paper Update
506 PT Bank Rakyat Indonesia (Persero) Tbk
Page 509
2024 Annual Report
Director of
Director of Director Director in Total
Commercial, Director Director of Quorum
Digital and of Retail Director of attendance Directors
Small and of Micro Consumer
Information Funding and Compliance
Medium Business Business
Technology Distribution
Business
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 0 1 11 12 91,67%
1 1 1 1 1 1 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 0 1 10 12 83,33%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
PT Bank Rakyat Indonesia (Persero) Tbk 507
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Corporate
Governance
Attendance List of Directors
Director of
No. Date Agenda Vice Director Director Director
President Wholesale and
President of Risk of Human of
Director Institutional
Director Management Capital Finance
Business
- Alternative Design of BRI
Calendar 2025
- BRI 129th Anniversary
Theme
September 02, - Update of BRI DPLK
35 1 1 1 1 1 0
2024 Supervisory Board & Total
Investment Solution for BRI
Human Capital
- White Paper Update: Project
Cyperus
- Corporate Customer White
Paper Update
September 9,
36 - RKAP Posture 2025 & 1 1 1 1 1 1
2024
Corporate Strategy 2025
and 2027
- Regulatory Review of OJK
September 17, Regulation 20/2023 and
37 1 1 1 1 1 1
2024 OJK Regulation 11/2024
- Recovery Progress
- BRI Corporate Action
Update
September 23, - White Paper Update: Project
38 1 1 1 1 1 1
2024 Garuda
- Board of Management
Facilities
- 2025 Board of Directors LTI
and KPI Update
- Brilianpreneur 2025
- Implementation of OJK
September 30,
39 Regulation 13 of 2024 1 1 1 1 1 0
2024
(Transparency & Publication
of Prime Lending Rates for
Conventional Commercial
Banks)
- Investment Arrangement of
PT Bali Kerthi Development
October 7, Fund Ventura by PT Bahana
40 1 1 1 1 1 1
2024 Artha Ventura
- Corporate Customer White
Paper Update
- Corporate Governance
Perception Index (CGPI)
Observation / Assessment
October 14, Plan Update
41 1 1 1 1 1 1
2024 - Radisi Prognosis
Performance 2024
- KUR Study of KUR Interest
Subsidy Payments
- Journey Marketing
Communication
October 21,
42 - Update of BRI Recovery 1 1 1 1 1 1
2024
Plan 2024-2025 and BRI
Resolution Plan 2024-2026
- BMSI Index
- Analyst Meeting &
October 28, Publication of Financial
43 1 1 1 1 1 1
2024 Report Q3 2024
- Financial Performance
Forecast December 2024
508 PT Bank Rakyat Indonesia (Persero) Tbk
Page 511
2024 Annual Report
Director of
Director of Director Director in Total
Commercial, Director Director of Quorum
Digital and of Retail Director of attendance Directors
Small and of Micro Consumer
Information Funding and Compliance
Medium Business Business
Technology Distribution
Business
1 1 1 1 1 1 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 0 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 11 12 91,67%
0 1 1 1 1 1 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
PT Bank Rakyat Indonesia (Persero) Tbk 509
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Corporate
Governance
Attendance List of Directors
Director of
No. Date Agenda Vice Director Director Director
President Wholesale and
President of Risk of Human of
Director Institutional
Director Management Capital Finance
Business
- RKAP 2025, RBB 2025-
2027, & BRI Collegial KPI
2025
November 4,
44 - BRI’s Sustainable Finance 1 1 1 1 1 1
2024
Action Plan (RAKB) 2025
- White Paper Update: Project
Amanah
- Follow-up on Regulatory
Review on OJK Regulation
20/2023 and OJK
Regulation 11/2024
- Himbara ATM Integration
November 11, Progress Update By Jalin
45 1 1 1 1 1 1
2024 - Update on Provisions of
Government Regulation
No. 47 of 2024 Concerning
Write-off of Bad Debts for
Micro, Small and Medium
Enterprises
- Corporate Customer White
Paper Project Update
November 18, - BRISat White Paper Project
46 0 1 1 1 1 1
2024 Update
- Non-DPK Funding Plan
2025
- Brivolution 3.0 Corporate
Plan Finalization
November 25,
47 - RKAP and RBB 2025 - 2027 1 1 1 1 1 1
2024
- 2025 National Working
Meeting
- Capital Plan 2025-2029 and
Interim Dividend Payment
December 2, 2024
48 1 1 1 1 1 1
2024 - Loan Performance
Remodeling Update 2024
- OJK Audit Results 2024
- BRI BRI’s 129th Anniversary
- 2024 Write-off Update
- Review of Options and
December 9,
49 Impact of Implementation 1 1 1 1 1 1
2024
of OJK Regulation 11
- Execution Architecture
Brivolution 3.0
- Follow-up on the
December 16, Implementation of OJK
50 1 1 1 1 0 1
2024 Regulation 11/2024
- Micro Finance Outlook 2025
- Implementation of PMK
December 23, 74/2024
51 1 1 1 1 1 1
2024 - 2025 Regional Working
Meeting
- Ransomware issue update
- December 2024 Prognosis
- 2025 Guidance KPI Regional
December 30,
52 Head, Business Manager & 0 1 1 1 1 1
2024
Relationship Manager 2025
- BRI UMKM Expo(rt) 2025
- MSME Loan Event Update
510 PT Bank Rakyat Indonesia (Persero) Tbk
Page 513
2024 Annual Report
Director of
Director of Director Director in Total
Commercial, Director Director of Quorum
Digital and of Retail Director of attendance Directors
Small and of Micro Consumer
Information Funding and Compliance
Medium Business Business
Technology Distribution
Business
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 0 11 12 91,67%
1 1 1 1 1 1 11 12 91,67%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 12 12 100,00%
1 1 1 1 1 1 11 12 91,67%
1 1 1 1 1 0 11 12 91,67%
1 1 1 1 1 1 11 12 91,67%
PT Bank Rakyat Indonesia (Persero) Tbk 511
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Corporate
Governance
Joint Meetings of Board of Directors and Commissioners
The joint meeting of the Board of Directors and the Board of Commissioners 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.
Meeting Frequency and Attendance
Table of Frequency of Attendance of Board of Directors Meetings
Board of Directors Meeting Joint Meeting of the Board GMS
of Directors and the Board of
Commissioners
Number and Percentage of Number and Percentage of Number and Percentage of
Name Position
Attendance Attendance Attendance
Number Number of Percentage Number Number of Percentage Number Number of Percentage
of Attendance of Attendance of Attendance
Meetings Meetings Meetings
President
Sunarso 52 49 94,23% 12 12 100% 1 1 100%
Director
Vice
Catur Budi
President 52 51 98.08% 11 11 100% 1 1 100%
Harto
Director
Viviana
Director of
Dyah 52 51 98,08% 17 17 100% 1 1 100%
Finance
Ayu R.K.
Director of
Wholesale
Agus
and 52 50 96,15% 10 8 80% 1 1 100%
Noorsanto
Institutional
Business
Director
Supari of Micro 52 52 100% 10 10 100% 1 1 100%
Business
Director
Agus
of Risk 52 51 98.08% 14 14 100% 1 1 100%
Sudiarto
Management
Director of
Arga
Digital and
Mahanana 52 52 100% 10 10 100% 1 1 100%
Information
Nugraha
Technology
Ahmad
Director of
Solichin 52 49 94,23% 11 11 100% 1 1 100%
Compliance
Lutfiyanto
Director of
Handayani Consumer 52 48 92,13% 11 11 100% 1 1 100%
Business
Director
Agus
of Human 52 52 100% 12 12 100% 1 1 100%
Winardono
Capital
Director
of Retail
Andrijanto 52 52 100% 9 9 100% 1 1 100%
Funding and
Distribution
Director of
Commercial,
Amam
Small and 52 51 98.08% 9 9 100% 1 1 100%
Sukriyanto
Medium
Business
512 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Training and/or Competency Improvement of Members of the Board of Directors
BRI is subject to and complies with the OJK Regulation (POJK) Number 24 of 2022 which regulates the obligation of banks 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, then 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 until December 2024 are as follows.
Types of Training and
Implementation Time
Name Position Development Materials Organizer
and Place
Competence/Training
Risk Management Certification
Sunarso President Director Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
BOC, SEVP
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
BOC, SEVP
Catur Budi Harto Vice President Director
Rome, September 9 – 12, SDA Bocconi School of
Global Risk Management
2024 Management
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
Viviana Dyah BOC, SEVP
Director of Finance
Ayu R.K.
Advanced Level Chartered Accountant
Jakarta, Oktober 25, 2024 IAI
Certification Program
Risk Management Certification
Director of Wholesale Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
Agus Noorsanto and Institutional BOC, SEVP
Business
Corporate Business Model Innovation Madrid, July 1 – 5, 2024 IE Business School
Risk Management Certification BARa
Director of Micro
Supari Alignment Program (SMR) for BOD, Jakarta, November 29, 2024
Business
BOC, SEVP
Risk Management Certification BARa
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024
Director of Risk BOC, SEVP
Agus Sudiarto
Management
Berlin, September 18 – 20,
Talent Management Reloaded we.CONNECT Global Leader
2024
PT Bank Rakyat Indonesia (Persero) Tbk 513
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Corporate
Governance
Types of Training and
Implementation Time
Name Position Development Materials Organizer
and Place
Competence/Training
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
BOC, SEVP
Arga Mahanana Director of Digital and
Nugraha Information Technology
IMD - International
Leading Digital Business
Lausanne, June 17 – 21, 2024 Institute for Management
Transformation
Development
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
Ahmad Solichin BOC, SEVP
Director of Compliance
Lutfiyanto
Gartner Security & Risk Management London, September 23 -25,
Gartner
Summit 2024
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
BOC, SEVP
Director of Consumer
Handayani
Business
IMD - International
Lausanne, September 3 – 6,
Leading High Performance Teams Institute for Management
2024
Development
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
Director of Human BOC, SEVP
Agus Winardono
Capital
Berlin, September 18 -20,
Talent Management Reloaded we.CONNECT Global Leader
2024
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
Director of Retail BOC, SEVP
Andrijanto
Funding and Distribution
Singapore, September 5 – 6,
Asia Retail Banking Inner Circle McKinsey & Company
2024
Risk Management Certification
Alignment Program (SMR) for BOD, Jakarta, November 29, 2024 BARa
Director of Commercial, BOC, SEVP
Amam Sukriyanto Small and Medium
Business INSEAD - Institut Européen
Leading Change in an Age of Digital Fontainebleau, September
d’Administration des
Transformation 9 – 12, 2024
Affaires
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 the Regulation of the Minister of State-Owned Enterprises
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:
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.
During 2024 there was no new Directors so there was no implementation of an orientation program for new Directors.
514 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Risk Management Certification
Certification/ Refreshment
Name Position Certification
Tingkat Publication Year
Institution
Sunarso President director LSPP Level 7 2024
Catur Budi Harto Vice President Director LSPP Level 7 2024
Viviana Dyah Ayu R.K. Director of Finance LSPP Level 7 2024
Director of Wholesale and LSPP Level 7 2024
Agus Noorsanto
Institutional Business
Supari Director of Micro Business LSPP Level 7 2024
Agus Sudiarto Director of Risk Management LSPP Level 7 2024
Director of Digital and Information LSPP Level 7 2024
Arga Mahanana Nugraha
Technology
Ahmad Solichin Lutfiyanto Director of Compliance BSMR Level 7 2024
Handayani Director of Consumer Business LSPP Level 7 2024
Agus Winardono Director of Human Capital LSPP Level 7 2024
Director of Retail Funding and LSPP Level 7 2024
Andrijanto
Distribution
Director of Commercial, Small and LSPP Level 7 2024
Amam Sukriyanto
Medium Business
Decisions and Implementation of Directors’ Duties
During 2024, 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.
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.
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 2024 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 are under and directly responsible to the Board of Directors. As of December 31, 2024, BRI
has 10 (ten) committees under the Board of Directors as follows:
No Committee Decision Letter Number
1. Asset And Liability Committee (ALCO) 1564-DIR/PPM/07/2023
2. Capital & Investment Committee 94-DIR/PPM/01/2024
3. Human Capital Committee 95-DIR/PPM/01/2024
4 Information Technology Steering Committee 96-DIR/PPM/01/2024
PT Bank Rakyat Indonesia (Persero) Tbk 515
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Corporate
Governance
No Committee Decision Letter Number
5. Procurement Committee 97-DIR/PPM/01/2024
6. Loan Policy Committee 98-DIR/PPM/01/2024
7. Product Committee 99-DIR/PPM/01/2024
8. Project Management Office Steering Committee (PMO SC) 100-DIR/PPM/01/2024
9. Risk Management Committee 101-DIR/PPM/01/2024
10. Environmental, Social & Governance {ESG) Committee 102-DIR/PPM/01/2024
The Board of Directors assesses that in 2024 all Committees out by the Board of Directors as well as providing advisory
have carried out their duties optimally. The performance committees to the Board of Directors including supervision of the
evaluation procedure for committees under the Board implementation of the Company’s Long-Term Plan, Work Plan
of Directors is conducted periodically by comparing the and Company’s Budget as well as the provisions of the Articles
committee’s performance results with the evaluation criteria. of Association and Meeting Resolutions. General Shareholders,
The assessment uses performance result criteria in the form as well as applicable laws and regulations, for the benefit of the
of each committee’s contribution to the Company, including Company and in accordance with the purposes and objectives of
reports and recommendations provided to the Board of Directors. the Company.
The performance results and contributions of each Committee
have been discussed in the Committee meeting with the Board of In carrying out its duties, the Board of Commissioners is obliged
Directors. Information on the Committee meetings is presented to:
in the Sub-Chapter of Committees under the Board of Directors 1. Carry out duties, authority and responsibilities in good faith
in this Annual Report. and with the principle of prudence.
2. Provide advice, direct, monitor and evaluate the
Mechanism of Resignment and Termination implementation of integrated governance, risk management
of Board of Directors and compliance as well as the Bank’s strategic policies, in
accordance with the provisions of laws and regulations, the
Dismissal The term of office of a member of the Board of Directors articles of association and/or GMS decisions.
ends when: 3. Provide opinions and approval for the Company’s Annual
1. Passed away Work Plan and Budget as well as other work plans prepared
2. End of tenure by the Board of Directors, in accordance with the provisions.
3. Dismissed at the GMS, due to reasons deemed appropriate 4. Follow developments in the Company’s activities, provide
by the General Meeting of Shareholders for the interests and opinions and suggestions to the GMS regarding any issues
objectives of the Company. deemed important for the management of the Company.
4. Declared bankrupt by Commercial Court decision with 5. Report to Series A Dwiwarna Shareholders if there are
permanent legal force or put under remission based on court symptoms of declining Company performance.
decision. 6. Propose to the GMS the appointment of a Public Accountant
5. No longer meets the requirements as a member of the who will audit the Company’s books.
Board of Directors based on BRI’s Articles of Association and 7. Examine and review periodic reports and annual reports
other applicable laws and regulations, including prohibited prepared by the Board of Directors and sign the annual report.
concurrent positions, as well as resignation. A member of the 8. Provide explanations, opinions and suggestions to the GMS
Board of Directors has the right to resign from his position regarding the Annual Report, if requested.
by notifying BRI in writing of his intention and BRI is obliged 9. Prepare minutes of meetings of the Board of Commissioners
to hold a General Meeting of Shareholders to decide on the and keep a copy.
request for resignation of a member of the Board of Directors 10. Report to the Company regarding his and/or his family’s
within a period of no later than 60 (sixty) days after receipt of share ownership in the Company and other Companies.
the letter of resignation. Board of Commissioners 11. Provide a report on the supervisory tasks that have been
carried out during the previous financial year to the GMS.
Board of Commissioners Duties and 12. Provide explanations regarding all matters asked or
Responsibilities requested by Series A Dwiwarna shareholders, taking into
account the laws and regulations, especially those that apply
The Board of Commissioners is in charge of supervising in the Capital Market sector.
management policies, the general course of management both 13. The Board of Commissioners is prohibited from participating
regarding the Company and the Company’s business carried in decision making on the Company’s operational activities,
except:
516 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
a. provision of funds to related parties as regulated in the c. ensure that SPI has access to information and/or data
provisions regarding the Maximum Limit for Providing regarding BUMN that is necessary to carry out its duties.
Bank Loan; And d. provide approval for the Internal Audit Charter proposed
b. other matters stipulated in the Company’s Articles of by the Board of Directors by taking into account the
Association or applicable laws and regulations. Decision proposals from SPI.
making on the Company’s operational activities by the e. review the effectiveness and efficiency of the Internal
Board of Commissioners as referred to in point d is part Control System based on information obtained from SPI
of the supervisory duties of the Board of Commissioners at least once in 1 (one) year.
so that it does not negate the responsibility of the Board f. appoint an independent quality controller from an
of Directors for the implementation of the Company’s external party to conduct a review of SPI performance
management. (quality assurance review) at least once in 3 (three) years.
14. Supervise the Board of Directors’ follow-up on audit findings g. carry out supervision and provide advice on the
or examinations and recommendations from the Bank’s implementation of other Internal Audit functions in
Internal Audit Business Unit, External Auditor, results of accordance with the provisions of laws and regulations,
supervision by the Financial Services Authority, and/or articles of association, and/or decisions of the GMS/
results of supervision by other authorities. Minister.
15. Report to the Financial Services Authority no later than 5 21. In implementing supervision related to the Integrated
(five) working days after discovery: Governance function, the Board of Commissioners has the
a. Violations of laws and regulations in the fields of finance, authority, duties and responsibilities:
banking and those related to the Bank’s business a. evaluate and approve the Integrated Governance policy.
activities; and/or b. supervise the implementation of Integrated Governance
b. Circumstances or predicted conditions that could in BUMN Subsidiaries to align with the Parent BUMN Risk
endanger the continuity of the Company’s business. Management policy.
16. In order to support the effective implementation of its duties c. supervise the implementation of the duties and
and responsibilities, the Board of Commissioners is obliged responsibilities of the Board of Directors of the Parent
to form at least: BUMN, and provide direction or advice to the Board of
a. Audit Committee; Directors of the Parent BUMN on the implementation of
b. Nomination and Remuneration Committee; the Integrated Governance policy.
c. Risk Management Monitoring Committee; and d. evaluate the Integrated Governance policy and provide
d. Integrated Governance Committee. direction for improvement.
17. Ensure that the committees formed by the Board of e. supervise the implementation of Integrated Governance
Commissioners carry out their duties effectively. in BUMN Subsidiaries to align with the Integrated
18. Evaluate the performance of committees that help carry out Governance policy of the Parent BUMN and BUMN
their duties and responsibilities on a regular basis. Subsidiaries.
19. In implementing supervision related to the Risk Management f. supervise and provide advice on the implementation of
function, the Board of Commissioners has the authority, other Integrated Governance functions in accordance
duties and responsibilities: with the provisions of laws and regulations, articles of
a. conduct evaluation and approval of Risk Management association, and/or decisions of the GMS/Minister.
policies and strategies; 22. In implementing supervision related to the Remuneration
b. conduct evaluation of the Board of Directors’ accountability and Nomination functions, the Board of Commissioners has
for the implementation of Risk Management policies and the authority, duties and responsibilities:
strategies as referred to in letter a; and a. implement remuneration policies in accordance with
c. carry out supervision and provide advice on the the OJK Regulation regarding the implementation of
implementation of Risk Management functions in governance in providing remuneration for commercial
accordance with the provisions of laws and regulations, banks.
articles of association, and/or decisions of the GMS/ b. implement nomination policies:
Minister. i. provide recommendations regarding the system and
20. In carrying out supervision related to the Internal Audit procedures for the selection and/or replacement of
function, the Board of Commissioners has the authority, members of the Board of Directors and members of
duties and responsibilities: the Board of Commissioners to the GMS;
a. ensure that the Board of Directors of BUMN and BUMN ii. provide recommendations regarding candidates for
Subsidiaries have an Internal Audit Unit (SPI) that carries members of the Board of Directors and/or candidates
out the Internal Audit function. for members of the Board of Commissioners to the
b. provide approval for the appointment and dismissal of GMS; and
the head of SPI proposed by the Board of Directors.
PT Bank Rakyat Indonesia (Persero) Tbk 517
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Corporate
Governance
iii. conduct evaluations and assessments of the 4. Coordinate the activities of the Board of Commissioners in
performance of the Board of Directors. More the context of supervising the implementation of the duties
detailed regulations regarding the authority, and responsibilities of the Board of Directors.
duties, and responsibilities of the Nomination and
Remuneration function are regulated in the General Rights and Authorities of The Board of
Policy on Human Capital and the Rules of Procedure Commissioners
of the Nomination and Remuneration Committee.
23. Have guidelines and work regulations that are binding for The Board of Commissioners has the authority to:
each member of the Board of Commissioners, which must at 1. Verify books, letters, and other documents, review cash for
least include: verification purpose and other securities, and check the
a. duties, responsibilities, and authorities of the Board of Company’s assets.
Commissioners; 2. Enter the yard, building and office used by the Company.
b. regulation of authority and decision procedures of the 3. Requesting an explanation from the Board of Directors
Board of Commissioners; and/or other officials regarding all issues related to the
c. regulation of work ethics of the Board of Commissioners; management of the Company.
d. regulation of meetings of the Board of Commissioners; 4. Knowing all policies and actions that have been and will be
e. prohibitions against the Board of Commissioners; carried out by the Board of Directors.
f. evaluation of the performance of the Board of 5. Requesting the Board of Directors and/or other officials
Commissioners; and under the Board of Directors with the knowledge of the Board
g. pattern of working relations between the Board of of Directors to attend the Board of Commissioners meeting.
Commissioners and the Board of Directors. 6. Appoint and dismiss a Secretary to the Board of
24. Provide time to carry out tasks and responsibilities optimally Commissioners, at the suggestion of the Series A Dwiwarna
in accordance with work guidelines and regulations. Shareholder.
25. Maintain all data and information related to the Bank 7. Establish an Audit Committee and other committees, if
submitted by the Board of Directors, and in accordance with deemed necessary, taking into account the Company’s
the provisions of laws and regulations. capabilities.
26. Carry out other obligations in the context of supervisory and 8. Use experts for certain matters and for a certain period of
advisory duties, as long as they do not conflict with laws and/ time at the expense of the Company, if deemed necessary.
or GMS decisions. 9. Dismiss members of the Board of Directors temporarily by
stating the reasons if the Member of the Board of Directors
Each member of the Board of Commissioners was jointly and acts contrary to the Company’s Articles of Association or
severally responsible for the Company’s losses caused by mistakes there are indications of taking actions that are detrimental
or negligence of members of the Board of Commissioners in to the Company or neglecting their obligations or there are
carrying out their duties, unless the member of the Board of urgent reasons for the Company.
Commissioners concerned could prove: 10. Take actions to manage the Company under certain
1. The loss was not due to his fault or negligence. conditions for a certain period of time in accordance with the
2. Had carried out supervision in good faith, full of responsibility, provisions of the Company’s Articles of Association.
and prudence for the benefit and in accordance with the aims 11. Attend Board of Directors meetings and provide views on
and objectives of the Company. matters discussed
3. Did not have a conflict of interest, either directly or indirectly, 12. Approved the appointment and dismissal of the Corporate
over supervisory actions that resulted in losses. Secretary and/or Head of the Internal Audit Business Unit.
4. Had taken action to prevent the occurrence or continuation 13. Provide written approval for the actions of the Board of
of the loss. Directors as stipulated in Article 12 paragraph 7 of the
Company’s Articles of Association.
President Commissioner Duties and 14. Carry out other supervisory authorities as long as they do
Responsibilities not conflict with the laws and regulations, the Articles of
Association and/or the resolutions of the GMS.
1. Lead the implementation of the Board of Commissioners’
meeting and the Board of Commissioners’ Meeting with the Decision Needs Approval of the Board of
Board of Directors. Commissioners
2. Lead the implementation of the General Meeting of
Shareholders (GMS). The Company’s Articles of Association regulate the decisions of
3. Coordinate and monitor the implementation of the work the Board of Directors which must be approved by the Board of
program of the Board of Commissioners. Commissioners, namely:
518 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
1. Releasing/transferring and/or pledging the Company’s 10. Carry out actions which are included in material transactions
assets, except for assets that are recorded as inventory and as determined by the laws and regulations in the capital
assets in the context of carrying out main business activities markets sector with a certain value determined by the Board
that are commonly carried out by companies engaged in the of Commissioners, unless the actions are included in material
banking sector based on the criteria and values according to transactions which are excluded by the laws and regulations
the Limits of Authority of the Board of Commissioners and in force in the Capital Markets sector.
with due observance of laws and regulations invitations in 11. Actions that have not been stipulated in the RKAP.
the capital market and banking sector.
2. Write off fixed assets due to certain conditions which: Board of Commissioners Tenure
a. lost;
b. destroyed; Members of the Board of Commissioners are appointed for a term
c. damaged and cannot be transferred (total loss); starting from the date determined by the GMS that appoints
d. the transfer costs are greater than the economic value them and ending at the closing of the 5th (fifth) Annual GMS
obtained from the transfer; after the date of their appointment, with the condition that it
e. dismantled to be rebuilt or built into other fixed assets, may not exceed a period of 5 (five) years, with due observance
the budget for which has been determined through the of laws and regulations in the Capital Market sector, but without
ratification of the Company’s Work Plan and Budget reducing the right of the GMS to dismiss members of the Board of
(RKAP); Commissioners at any time before their term of office ends. After
f. dismantled not to be rebuilt in connection with other their term of office ends, members of the Board of Commissioners
programs that have been planned in the RKAP; may be reappointed by the GMS for one term of office.
g. dismantled to be rebuilt in connection with government
programs; and/or
h. based on laws and/or court decisions that have
permanent legal force, the fixed assets are no longer
owned or controlled by the Company.
3. Establish cooperation with business entities or other parties,
in the form of joint operation (KSO), business cooperation
(KSU), licensing cooperation, Build, Operate and Transfer
(BOT), Build, Transfer, and Operate (BTO), Build, Operate and
Own /BOO) and other agreements that have the same nature
as the criteria and values in accordance with the Limits of
Authority of the Board of Commissioners.
4. Determine and change the Company’s logo.
5. Establish an organizational structure 1 (one) level below the
Board of Directors.
6. Make capital investments, releasing capital investments
including changes in capital structure with a certain
value determined by the Board of Commissioners in other
companies, subsidiaries and joint ventures that are not in
the context of rescuing receivables by taking into account
provisions in the Capital Market and Banking sectors.
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.
8. Propose representatives of the Company to become
candidates for Members of the Board of Directors and Board
of Commissioners in subsidiaries that make significant
contributions to the Company and/or have strategic value as
determined by the Board of Commissioners.
9. Carry out mergers, amalgamations, takeovers, separations
and dissolutions of subsidiaries and joint ventures with a
certain value determined by the Board of Commissioners
by taking into account provisions in the Capital Markets and
Banking sectors.
PT Bank Rakyat Indonesia (Persero) Tbk 519
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Corporate
Governance
The Board of Commissioners Criteria
The criteria for members of the BRI Board of Commissioners are compiled based on OJK Regulation Number 34/POJK.04/2014 concerning
the Nomination and Remuneration Committee of Issuers or Public Companies, OJK Regulation Number 17 of 2023 concerning the
Implementation of Governance for Commercial Banks, OJK Regulation Number 27/03.POJK/2016 concerning the Assessment of
Capability and Compliance for Main Parties of Financial Services Institutions and internal provisions of the BRI Board of Commissioners
Decree of the Board of Commissioners Number Decree 07-KOM/BRI/07/2015 concerning the Nomination Policy for Members of the
Board of Commissioners and Board of Directors.
General Qualification Those who may be appointed as members of the Board of Commissioners are individuals who meet the following requirements
at the time of appointment and during their term of office:
1. Have good character, morals and integrity;
2. Capable of carrying out legal actions;
3. In the 5 (five) years prior to appointment and during term of office:
a. Never been declared bankrupt;
b. Never been a member of the Board of Directors and/or a member of the Board of Commissioners who was found guilty of
causing a company to be declared bankrupt;
c. Never been convicted of committing a crime that is detrimental to state finances and/or related to the financial sector; and
d. Never been a member of the Board of Directors and/or a member of the Board of Commissioners who during their term of
office:
i. Has never held an Annual GMS;
ii. His/her accountability as a member of the Board of Directors and/or member of the Board of Commissioners has never
been accepted by the GMS or has never provided accountability as a member of the Board of Directors and/or member
of the Board of Commissioners to the GMS; and
iii. Has caused a company that has obtained a permit, approval, or registration from the OJK Regulation to fail to fulfill its
obligation to submit an annual report and/or financial report to the OJK Regulation.
4. Have a commitment to comply with laws and regulations;
5. Have knowledge and/or expertise in the fields required by the Company; and
6. Fulfill other requirements as specified in:
a. Public Company Law;
b. Legislation in the Capital Market sector;
c. Legislation in the banking sector; and
d. Other laws and regulations applicable to and related to the Company.
7. Not holding multiple 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. as a member of the Board of Commissioners/Supervisory Board of a BUMN, except based on a special assignment from the
Minister.
d. as a member of the Board of Directors at a BUMN, other business entity or holding a position that based on laws and
regulations is prohibited from being held concurrently with the position of member of 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,
e. in the field of functional duties at a bank financial institution and/or non-bank financial institution domiciled in or outside
the country;
f. in other positions that may give rise to a conflict of interest in carrying out duties as a member of the Board of
Commissioners;
g. other positions in accordance with the provisions of laws and regulations.
8. Not including concurrent positions, if:
a. members of the Board of Commissioners serve as members of the board of directors, members of the board of
commissioners or executive officers who carry out supervisory functions in 1 (one) non-bank subsidiary company controlled
by the Bank;
b. Non-Independent Commissioners carry out functional duties from the Bank’s shareholders in the form of legal entities in
the Bank and/or the Bank’s business group; and/or
c. members of the Board of Commissioners hold positions in non-profit organizations or institutions, as long as this does not
result in the person concerned neglecting the implementation of duties and responsibilities as a member of the Board of
Commissioners.
9. Independent Commissioners are prohibited from holding concurrent positions as public officials.
Fulfillment of the above requirements is proven by a statement signed by the prospective member of the Board of Commissioners
and submitted to the Company.
Fulfillment of OJK Prospective Members of the Board of Commissioners must obtain approval from the OJK Regulation before carrying out
Regulation No.27/03. their actions, duties and functions as Members of the Board of Commissioners. In obtaining the said approval, Members of
POJK/2016 on Fit and the Board of Commissioners must meet the requirements of integrity, financial reputation, and competence in the fit and
Proper Test for Main proper assessment conducted by the OJK Regulation.
Entity of Financial
Services Institution
Fulfillment of OJK Circular Member of the Board of Commissioners shall have:
Letter 39/SEOJK.03/ 1. Adequate knowledge in banking field and relevant with the positions.
2016 concerning Fit and 2. Experiences and skills in banking and/or financial fields.
Conformity Assessment 3. Capabilities to carry out strategic management for the bank soundness development.
for Prospective Controlling
Shareholders, Prospective
Members of the Board of
Directors, and Prospective
Members of the Board of
Commissioners of Banks
520 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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 was ratified in the Decree of
the BRI Board of Commissioners Number 06-KOM/05/2024 dated May 28, 2024. Work Guidelines and Rules of Procedure of the Board of
Commissioners is 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 Work Guidelines and Rules of Procedure of the Board of Commissioners
are as follows:
Chapter Discussion
Chapter I Introduction
1.1 Legal Basis
1.2 General Understanding
Chapter II Company Values, Organizational Structure, and Code of Ethics
2.1 Company Values
2.2 Organizational Structure, Membership and Code of Ethics
Chapter III Work Guidelines and Regulations
3.1 Objectives, Authorities, Duties and Responsibilities
3.2 Prohibitions
3.3 Division of Work
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
Name Position Duties
Kartika Wirjoatmodjo President Commissioner • Nomination and Remuneration Committee
• Integrated Governance Committee
Rofikoh Rokhim Vice President Commissioner / • Chairman of the Nomination and Remuneration Committee
Independent Commissioner • Integrated Governance Committee
• Risk Management Monitoring Committee
• Audit 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
Hendrikus Ivo 1 Independent Commissioner • Nomination and Remuneration Committee
• Integrated Governance Committee
• Audit Committee
Heri Sunaryadi Independent Commissioner • Nomination and Remuneration Committee
• Integrated Governance Committee
• Risk Management Monitoring Committee
• Audit Committee
Paripurna Poerwoko Sugarda Independent Commissioner • Nomination and Remuneration Committee
• Integrated Governance Committee
Agus Riswanto Independent Commissioner • Nomination and Remuneration Committee
• Audit Committee
Nurmaria Sarosa Independent Commissioner • Nomination and Remuneration Committee
• Risk Management Monitoring Committee
PT Bank Rakyat Indonesia (Persero) Tbk 521
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Corporate
Governance
Name Position Duties
Awan Nurmawan Nuh Commissioner • Nomination and Remuneration Committee
• Risk Management Monitoring Committee
Haryo Baskoro Wicaksono 2 Independent Commissioner • Nomination and Remuneration Committee
• Integrated Governance Committee
• Risk Management Monitoring Committee
• Audit Committee
Note:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
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 Board f. in other positions that may give rise to a conflict of
of Commissioners refers to the provisions of the OJK Regulation interest in carrying out duties as a member of the Board
Number 17 of 2023 dated September 14, 2023 concerning the of Commissioners;
Implementation of Governance for Commercial Banks and the g. other positions in accordance with the provisions of laws
Regulation of the Minister of State-Owned Enterprises Number and regulations.
PER-3/MBU/03/2023 concerning Organs and Human Resources 2. Does not include concurrent positions, if:
of State-Owned Enterprises, with the following details: a. Members of the Board of Commissioners serve as
1. Members of the Board of Commissioners are prohibited from members of the Board of Directors, members of the
holding concurrent positions: Board of Commissioners or executive officers who carry
a. As a member of the Board of Directors, member of out supervisory functions in 1 (one) non-bank subsidiary
the Board of Commissioners, member of the Sharia company controlled by the Bank;
Supervisory Board, or executive officer at a financial b. Non-Independent Commissioners carry out functional
institution or financial company, both bank and non- duties from the Bank’s shareholders in the form of legal
bank. entities in the Bank and/or the Bank’s business group;
b. As a member of the Board of Directors, member of and/or
the Board of Commissioners, member of the Sharia c. Members of the Board of Commissioners hold positions
Supervisory Board, or executive officer in more than in non-profit organizations or institutions.
1 (one) non-financial institution or company, whether 3. Candidates for members of the Board of Commissioners who
domiciled at home or abroad; have positions as intended in number 2 are required to make
c. as a member of the Board of Commissioners/Supervisory a statement to:
Board of a BUMN, except based on a special assignment a. Maintain integrity.
from the Minister. b. Avoid all forms of conflict of interest.
d. as a member of the Board of Directors of a BUMN, c. Avoid actions that could harm the Bank and/or cause the
other business entity or holding a position that based Bank to violate the precautionary principle while serving
on laws and regulations is prohibited from being held as a member of the Board of Commissioners.
concurrently with the position of a member of the Board 4. Independent Commissioners are prohibited from holding
of Commissioners/Supervisory Board of a BUMN, or a concurrent positions as public officials.
position that may give rise to a conflict of interest with
the BUMN concerned,
522 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Table of Concurrent Positions of the Board of Commissioners
Position at Other Companies/ Name of Company/ Other
Name Position
Institutions Institutions
Kartika Wirjoatmodjo President Commissioner Deputy Minister of SOEs Ministry of State Owned Enterprises
Rofikoh Rokhim Vice President Commissioner / Lecturers and Researchers Universitas Indonesia
Independent Commissioner
Rabin Indrajad Hattari Commissioner Secretary of the Ministry of SOEs Ministry of State Owned Enterprises
Dwi Ria Latifa Independent Commissioner Lawyer Ria Latifa & Partner Law Office
President Commissioner PT Bersua Utama Indonesia
Hendrikus Ivo 1 Independent Commissioner - -
Heri Sunaryadi Independent Commissioner Independent Commissioner PT Tower Bersama Infrastructure Tbk
Paripurna Poerwoko Sugarda Independent Commissioner Lecturers Universitas Gajah Mada
President Commissioner PT Kaltim Methanol Industri
Agus Riswanto Independent Commissioner - -
Nurmaria Sarosa Independent Commissioner - -
Awan Nurmawan Nuh Commissioner Inspector General Kementerian Keuangan
Haryo Baskoro Wicaksono 2 Independent Commissioner - -
Note:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
Board of Commissioners Conflict of Interest Independent Commissioner
Management
The Board of Commissioners has fulfilled the requirements of
Board of Commissioners that have conflict of interest in the OJK Regulation no. 17 of 2023, which was issued on September
Company’s transaction and/or corporate action must declare 14, 2023, and pertains to the Governance Implementation for
such conflict of interest and therefore he/she is not included in Commercial Banks. The regulation states that the number
the decisionmaking process of such transaction and/or corporate of Independent Commissioners should be at least 50% (fifty
action. Any transaction with a conflict of interest shall first per cent) of the total number of members of the Board of
obtain the approval of the independent shareholders prior to its Commissioners. As of December 31, 2024, there were 7 (seven)
execution. people out of 10 (ten) members of the Board of Commissioners
(70%).
In 2024 there were no BRI corporate transactions or actions
containing conflict of interest by Board of Commissioners.
PT Bank Rakyat Indonesia (Persero) Tbk 523
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Corporate
Governance
Independent Commissioner Determination Criteria
The criteria for Independent Commissioners refer to the provisions of OJK Regulation no. 17 of 2023 dated September 14, 2023 concerning
Implementation of Governance for Commercial Banks. The criteria for Independent Commissioners are as follows:
Independent Commissioner
Independent
Commissioner Paripurna Haryo
Rofikoh Dwi Ria Hendrikus Heri Agus Nurmaria
Criteria Poerwoko Baskoro
Rokhim Latifa Ivo 1 Sunaryadi Riswanto Sarosa
Sugarda Wicaksono2
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
Note:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
524 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Independent Commissioner’s Statement
Rofikoh Rokhim Dwi Ria Latifa Hendrikus Ivo
Heri Sunaryadi Paripurna Poerwoko Sugarda Agus Riswanto
PT Bank Rakyat Indonesia (Persero) Tbk 525
Page 528
Corporate
Governance
Nurmaria Sarosa Haryo Baskoro Wicaksono
Board of Commissioners’ Meetings or submitted directly to each member of the Board of
Commissioners with adequate receipt, or electronic mail
Meeting Policy (e-mail) no later than five days before the meeting is held,
without taking into account the date of the call and the date
The implementation of the Board of Commissioners’ meeting was of the meeting, or in a shorter time if in urgent circumstances.
regulated in the Board of Commissioners’ Guidelines and Rules of 6. The Board of Commissioners meeting invitation shall be in
Conduct. The Board of Commissioners’ Meetings consisted of the writing, and delivered physically or through electronic media.
Internal Meetings of the Board of Commissioners, the Meetings 7. The meeting invitations as stated above are not required for
of the Board of Commissioners and the Board of Directors and meetings that have been scheduled by the decision in the
the Meetings of the Board of Commissioners and Directors. Joint meeting held previously.
meetings of the Board of Directors and the Board of Commissioners 8. In special situations, which are extraordinary in nature
took place on an ongoing basis and can be initiated by the Board of (extraordinary situation) related to sudden proposals from
Commissioners or the Board of Directors in order to obtain a unified the Board of Directors and require immediate decision-
view and alignment of actions, including the Board of Commissioners making, the Board of Commissioners may call a meeting in
in supervising and providing advice. less than 1 (one) day or
9. At any time through any media that is possible in the
Meeting Organizing Mechanism situation.
1. Meetings of the Board of Commissioners shall be held 10. The meeting guidelines is set as follows:
periodically at least once a month. a. The meeting invitation must include the event/agenda,
2. Meeting with Directors shall be held periodically at least once date, time, and venue of the meeting.
in four months;. b. The meeting is held at the Company’s domicile or
3. The meetings may be held at any time at the request of one elsewhere within the territory of the Republic of
or more Commissioners or at the request of the Directors, Indonesia or at the Company’s place of business.
stating the matters to be discussed. c. The agenda and schedule of the meeting are the
4. The meeting call must be made by the President responsibility of the Secretary of the Board of
Commissioner. If the President Commissioner is prevented or Commissioners by considering input from the Board of
absent, which does not need to be proven to a third party, Commissioners.
then the meeting call for the Board of Commissioners is d. The Secretary of the Board of Commissioners is
made by the Deputy President Commissioner and if the responsible for assisting, organizing and preparing the
Deputy President Commissioner is not present or absent or meeting, preparing, and distributing the meeting agenda
prevented, which does not need to be proven to a third party, and discussion materials.
then the meeting call can be made by a member of the Board e. In the event that the Board of Commissioners meeting
of Commissioners. invites the Board of Directors/Directors, the Secretary
5. The Meeting Call by the Board of Commissioners with the of the Board of Commissioners may coordinate with the
Board of Directors must be made in writing and delivered Company’s Secretariat Division.
526 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
f. The materials for the Board of Commissioners meeting b. The abstain voting considered as affirmative vote in the
inviting the Board of Directors/Directors must be meeting. Invalid votes are considered nonexistent and
provided to the Board of Commissioners no later than are not counted to determine the number of votes cast
three working days before the meeting takes place, so in the meeting.
that the Board of Commissioners has the opportunity c. Voting on persons is conducted with closed ballots
to review the information and/or request additional without signature, whereas voting on other matters is
information before the meeting. carried out verbally, unless the chairman determines
11. The meeting is legitimate and has the right to take binding otherwise without objection based on the majority of
decision if attended or represented by more than half of total votes present;
member of the Board of Commissioners. d. Every Member of the Board of Commissioners who
12. Meeting materials for the Board of Commissioners are personally, in any way, directly or indirectly, has an,
distributed to all meeting participants no later than 5 (five) interest in a proposed transaction, contract or proposed
working days before the meeting is held, unless the meeting contract in which the Company is a party, shall be
is held outside of schedule, meeting materials can be declared the nature of its interests in a meeting and is
submitted before the meeting is held. not entitled to participate in voting on matters relating
to the transaction or contract.
Decision-Making e. Invited guests are not granted any authority in decision
1. The decisions of the Board of Commissioners Meeting shall making.
be based on deliberation to reach a consensus. If a decision 2. The Board of Commissioners may also take a valid decision
based on deliberation to reach consensus is not reached, without holding the Board of Commissioners Meeting
then the decision shall be taken by voting based on agreed provided that all members of the Board of Commissioners
votes of more than one-half of the total legitimate votes have been notified in writing and all members of the Board
taken at the meeting. of Commissioners gave their written approval and sign the
2. The meeting chairman shall inform the conclusion and agreement. the decisions taken have the same validity as
decision at the end of every meeting. decisions taken legitimately at the Board of Commissioners
3. All meeting decisions are binding for all members of the Meetings.
Board of Commissioners. 3. Decision-making related to granting approval to the Board
4. Any recommendations proposed by the Committee and of Directors’ proposal must be carried out no later than 15
requiring the approval of the Board of Commissioners can be (fifteen) working days since the final proposal is submitted or
made through a meeting mechanism and/or written approval becomes an agenda for the Board of Commissioners Meeting
from the Board of Commissioners (circular). and/or Board of Commissioners and Board of Directors
5. Member of the Board of Commissioners can have a proxy in Meeting or in writing for circular decisions.
the meeting by other member of the Board of Commissioners 4. All Board of Commissioners Meetings are chaired by
with written attorney specifically provided for such matter the President Commissioner, and in the event that the
and a member of the Board of Commissioners can only President Commissioner is absent or unable to attend, in
represent one other member of the Board. In this proxy, a matter that does not need to be proven to a third party,
the absence members of the Board of Commissioners can the Board of Commissioners Meeting is chaired by the Vice
submit his/her opinions on the concurrence of the meeting President Commissioner. In the event that the Vice President
discussions and this opinion will be legitimately valid. Commissioner is absent or unable to attend due to any
6. If a member of the Board of Commissioners and/or Directors reason, in a matter that does not need to be proven to a third
cannot attend the meeting physically, then a member of the party, the Board of Commissioners meeting shall be chaired
Board of Commissioners and/or Directors shall participate in by a member of the Board of Commissioners present and
the discussion via teleconference, video conference, or other elected at the meeting.
electronic media according to applicable rules. 5. In every meeting, minutes of the meeting must be made
containing the matters discussed and matters decided. The
Voting Rights minutes of the meeting are valid evidence for the Members
1. Voting rights in the meeting is stipulated as follows: of the Board of Commissioners and for third parties regarding
a. Every Member of the Board of Commissioners has the the decisions taken in the relevant meeting.
right to cast one vote and one additional vote for a
legitimate proxy at the meeting;
PT Bank Rakyat Indonesia (Persero) Tbk 527
Page 530
Corporate
Governance
Internal Meeting of The Board of Commissioners
2024 Meeting Plan
Board of Commissioners Meeting Plan
No. Meeting Plan Period
1 Policy Updates in OJK Regulation 9 of 2023 and OJK Regulation Number 17 of 2023 Quarter I
2 a. Preparation for the Implementation of the 2024 Annual GMS
b. Appointment of the Chairperson of the 2024 Annual GMS
3 Update on the Composition of the Board of Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
4 Board of Commissioners Working Meeting Quarter II
5 HR Transformation of Risk Management Division and Internal Audit Division Quarter III
6 2025 Macroeconomic Conditions and Projections Update Quarter IV
Joint Meeting Plan of the Board of Commissioners and Directors in 2024
No. Meeting Plan Period
1 a. Realization of Audited Financial Report for the 2023 Fiscal Year
b. Evaluation of the realization of RBB, Collegial KPI, and RKAP for the year 2023
Quarter I
2 Evaluation of Organizational Structure and Nomenclature
3 Proposed Key Performance Indicators (KPIs) for the Board of Directors Collegially in 2024
4 a. Realization of financial reports for the first quarter of 2024
b. Evaluation of the Realization of RBB, Collegial KPI, and RKAP for the first quarter of 2024
Quarter II
5 ICoFR Implementation Progress Update (ICoFR Diagnostic Progress)
6 Discussion of Approval of the Proposed Revision of the 2024-2026 RBB and 2024 RKAP
7 a. Realization of financial reports for Quarter II of 2024
Quarter III
b. Evaluation of the realization of RBB, Collegial KPI, and RKAP for Quarter II of 2024
8 a. Consultation on the 2024 Revised Collegial KPI Proposal of the Board of Directors Quarter IV
b. Consultation on the 2024-2026 LTI Proposal.
9 a. Realization of financial reports for the third quarter of 2024
b. Evaluation of the realization of RBB, Collegial KPI, and RKAP for the third quarter of 2024
10 a. Human Capital Strategy Update 2024 (inc. Cadre Policy)
b. Human Capital Development Program Update 2024 (inc. Corporate University)
11 Investor Concern Update
12 a. Discussion on Approval of Proposed Corporate Plan 2025-2029, RBB 2025-2027, and RKAP 2025
b. Discussion on Approval of Proposed Collegial KPI of Board of Directors 2025
13 Discussion of BRI RAKB Approval 2025
14 a. 2024 Human Capital Strategy Update
b. Update on the 2024 Human Capital Development Program
15 Closing Remarks 2024
528 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
2025 Meeting Plan
Board of Commissioners Meeting Plan for 2025
No. Meeting Plan Period
1 BRI Current Issues Discussion Quarter I
2 a. Preparation for the Implementation of the 2024 Annual GMS
b. Appointment of the Chairperson of the 2024 Annual GMS
3 Board of Commissioners Working Meeting
4 Update on the Composition of the Board of Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk Quarter III
5 Performance Evaluation of the Board of Commissioners of PT Bank Rakyat Indonesia (Persero) Tbk
6 2025 Macroeconomic Conditions and Projections Update Quarter IV
Joint Meeting Plan of the Board of Commissioners and Directors in 2025
No. Meeting Plan Period
1 a. Realization of Audited financial report for fiscal year 2024
b. Evaluation of realization of RBB, Collegial KPI, and RKAP for 2024.
2 Changes in Organizational Structure and Nomenclature
Quarter I
3 Proposed Key Performance Indicators (KPIs) for the Board of Directors Collegially in 2025
4 Update on Micro Segment Internal Control Follow-up Progress
5 Evaluation of BRI Group Transaction Authority Threshold Policy
6 a. Realization of financial reports for the first quarter of 2025
b. Evaluation of the Realization of RBB, Collegial KPI, and RKAP for the first quarter of 2025
Quarter II
7 ICoFR Implementation Progress Update (ICoFR Diagnostic Progress)
9 Discussion of Approval of the Proposed Revision of the 2025-2027 RBB and 2025 RKAP
10 a. Realization of financial reports for Quarter II of 2025
Quarter III
b. Evaluation of the realization of RBB, Collegial KPI, and RKAP for Quarter II of 2025
14 a. Consultation on the Board of Directors’ Collegial KPI Proposal for 2025 Revision
b. Consultation on the LTI Proposal for 2025-2027
15 a. Realization of the financial report for the third quarter of 2025
b. Evaluation of the realization of the RBB, Collegial KPI, and RKAP for the third quarter of 2025
16 Investor Concern Update
17 a. Discussion on Approval of RBB Proposal for 2026-2028, and RKAP for 2026
b. Discussion on Approval of KPI Collegial Board of Directors Proposal for 2026
18 Discussion of BRI RAKB Approval 2026
19 a. 2025 Human Capital Strategy Update
b. Update on the 2025 Human Capital Development Program
21 Closing Remarks 2025
PT Bank Rakyat Indonesia (Persero) Tbk 529
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Corporate
Governance
Realization of The Board of Commissioners Meeting
Realization of Internal Meeting of the Board of Commissioners
Date and
No. Agenda KW RR RIH HI 1 DRL HS
time
1 Tuesday, Policy Updates in OJK 1 1 1 1 1 1
January 09, Regulation 9 of 2023
2024 and OJK Regulation
Number 17 of 2023
2 Tuesday, a. Preparation for the 1 1 1 1 1 1
February 20, Implementation of
2024 the 2024 Annual GMS
b. Appointment of the
Chairperson of the
2024 Annual GMS
3 Wednesday, Updates to the 1 1 1 - 1 1
March 13, composition of the
2024 committee and
appointment of expert
staff for the board of
commissioners of PT
Bank Rakyat Indonesia
(Persero) Tbk
4 Tuesday, May Board of Commissioners 1 1 1 - 1 1
28, 2024 Working Meeting
5 Tuesday, a. Discussion of 1 1 1 - 1 1
August 27, Proposed Changes
2024 to KPI LTI of the
Board of Directors
and Board of
Commissioners 2024-
2026
b. Transformation
of HR of the Risk
Management Division
and Internal Audit
Division
6 Tuesday, 2025 Macroeconomic 1 1 1 - 1 1
November 12, Conditions and
2024 Projections Update
Note:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
Note:
KW Kartika Wirjoatmodjo DRL Dwi Ria Latifa AR Agus Riswanto
RR Rofikoh Rokhim NS Nurmaria Sarosa ANN Awan Nurmawan Nuh
RIH Rabin Indrajad Hattari HS Heri Sunaryadi HBW Haryo Baskoro Wicaksono
HI Hendrikus Ivo PPS Paripurna Poerwoko Sugarda
530 PT Bank Rakyat Indonesia (Persero) Tbk
Page 533
2024 Annual Report
Present Total Board of
PPS AR NS ANN HBW 2 Quorum
Commissioner Commissioners
1 1 1 1 - 10 10 100%
1 1 1 1 - 10 10 100%
1 1 1 1 1 10 10 100%
1 1 1 1 1 10 10 100%
1 1 1 1 1 10 10 100%
1 1 1 1 1 10 10 100%
PT Bank Rakyat Indonesia (Persero) Tbk 531
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Corporate
Governance
REALIZATION OF THE JOINT MEETING OF THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS
Throughout 2024, the agenda, dates and participants of the Joint Meeting of the Board of Commissioners and Board of Directors are as
follows.
Date and
No. Agenda KW RR RIH HI 1 DRL
time
1 Tuesday, a. Realization of Audited 1 1 1 1 1
January 30, Financial Report for the
2024 2023 Fiscal Year
b. Evaluation of the
realization of RBB,
Collegial KPI, and RKAP
for the year 2023
2 Tuesday, Changes in Organizational 1 1 1 1 1
January 30, Structure and Nomenclature
2024
3 Tuesday, Update on Micro Segment 1 1 1 1 1
February 27, Internal Control Follow-up
2024 Progress
4 Tuesday, April Evaluation of BRI Group 1 1 1 1 1
23, 2024 Transaction Authority
Threshold Policy
5 Tuesday, April Evaluation of BRI Group 1 1 1 - 1
23, 2024 Transaction Authority
Threshold Policy
6 Tuesday, April a. Realization of financial 1 1 1 - 1
23, 2024 reports for the first
quarter of 2024
b. Evaluation of the
Realization of RBB,
Collegial KPI, and RKAP
for the first quarter of
2024
7 Tuesday, April ICoFR Implementation 1 1 1 - 1
23, 2024 Progress Update (ICoFR
Diagnostic Progress)
8 Tuesday, May Update on Non Deal 1 1 1 - 1
21, 2024 Roadshow Results May 2024
9 Wednesday, Discussion of Approval of 1 1 1 - 1
June 26, 2024 the Proposed Revision of the
2024-2026 RBB and 2024
RKAP
532 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
HS PPS AR NS ANN HBW 2 Board of Directors SEVP
1 1 1 1 1 - 1. Sunarso 1. Triswahju Herlina
2. Catur Budi Harto 2. Achmad Royadi
3. Supari 3. Harsya Wardhana
4. Handayani Prasetyo
5. A Solichin L 4. Aestika Oryza
6. Agus Noorsanto Gunarto
7. Agus Sudiarto 5. Muhammad
8. Amam Sukriyanto Candra Utama
9. Agus Winardono 6. I Nyoman Sugiri
10. Viviana Dyah Ayu R.K. Yasa
11. Arga Mahanan N 7. Steven Augustino
12. Andrijanto Yudiyantho
1 1 1 1 1 - 1. Sunarso 1. Triswahju Herlina
2. Catur Budi Harto 2. Achmad Royadi
3. Supari 3. Harsya Wardhana
4. Handayani Prasetyo
5. A Solichin L 4. Aestika Oryza
6. Agus Noorsanto Gunarto
7. Agus Sudiarto 5. Muhammad
8. Amam Sukriyanto Candra Utama
9. Agus Winardono 6. I Nyoman Sugiri
10. Viviana Dyah Ayu R.K. Yasa
11. Arga Mahanan N. 7. Steven Augustino
12. Andrijanto Yudiyantho
1 1 1 1 1 - 1. Sunarso 1. Triswahju Herlina
2. Catur Budi Harto 2. Achmad Royadi
3. Supari 3. Harsya Wardhana
4. Handayani Prasetyo
5. A Solichin L 4. Aestika Oryza
6. Agus Noorsanto Gunarto
7. Agus Sudiarto 5. Muhammad
8. Amam Sukriyanto Candra Utama
9. Agus Winardono 6. I Nyoman Sugiri
10. Viviana Dyah Ayu R.K. Yasa
11. Arga Mahanan N. 7. Steven Augustino
12. Andrijanto Yudiyantho
1 1 1 1 1 - Agus Sudiarto Triswahju Herlina
1 1 1 1 1 1 1. Agus Sudiarto Triswahju Herlina
2. Viviana Dyah Ayu R.K.
3. A Solichin L
1 1 1 1 1 1 1. Sunarso 1. Triswahju Herlina
2. Catur Budi Harto 2. Achmad Royadi
3. Supari 3. Harsya Wardhana
4. Handayani Prasetyo
5. A Solichin L 4. Aestika Oryza
6. Agus Noorsanto Gunarto
7. Agus Sudiarto 5. Muhammad
8. Amam Sukriyanto Candra Utama
9. Agus Winardono 6. I Nyoman Sugiri
10. Viviana Dyah Ayu R.K. Yasa
11. Arga Mahanan N 7. Steven Augustino
12. Andrijanto Yudiyantho
1 1 1 1 1 1 1. Agus Sudiarto Triswahju Herlina
2. Viviana Dyah Ayu R.K.
3. A Solichin L
1 1 1 1 1 1 Sunarso -
1 1 1 1 1 1 1. Sunarso 1. Muhammad
2. Catur Budi Harto Candra Utama
3. Agus Sudiarto 2. I Nyoman Sugiri
4. Handayani Yasa
5. Arga Mahanan N.
PT Bank Rakyat Indonesia (Persero) Tbk 533
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Corporate
Governance
Date and
No. Agenda KW RR RIH HI 1 DRL
time
10 Tuesday, July a. Realization of financial 1 1 1 - 1
23, 2024 reports for Quarter II of
2024
b. Evaluation of the
realization of RBB,
Collegial KPI, and RKAP
for Quarter II of 2024
11 Tuesday, Discussion of Capital 1 1 1 - 1
September 10, Structure Change Plan in
2024 the Framework of PT BRI
Investment Management
Strategic Partnership (IRIS
Project)
12 Tuesday, New Business Establishment 1 1 1 - 1
September 10, Permit Resulting from Spin
2024 Off of Sharia Business Unit of
PT BRI Asuransi Indonesia
13 Tuesday, Micro Customer Behavior 1 1 1 - 1
October 15, Changes Presentation
2024
14 Tuesday, a. Consultation on the 2024 1 1 1 - 1
October 8, 2024 Revised Collegial KPI
Proposal of the Board of
Directors
b. Consultation on the 2024-
2026 LTI Proposal.
15 Tuesday, a. Realization of the 1 1 1 - 1
October 29, financial report for the
2023 third quarter of 2024
b. Evaluation of the
realization of the RBB,
Collegial KPI, and RKAP
for the third quarter of
2024
16 Tuesday, a. Human Capital Strategy 1 1 1 - 1
November 5, Update 2024 (inc. Cadre
2024 Policy)
b. Human Capital
Development Program
Update 2024 (inc.
Corporate University)
17 Tuesday, Investor Concern Update 1 1 1 - 1
November 12,
2024
18 Tuesday, a. Discussion on Approval of 1 1 1 - 1
November 26, Proposed Corporate Plan
2024 2025-2029, RBB 2025-
2027, and RKAP 2025
b. Discussion on Approval of
Proposed Collegial KPI of
Board of Directors 2025
534 PT Bank Rakyat Indonesia (Persero) Tbk
Page 537
2024 Annual Report
HS PPS AR NS ANN HBW 2 Board of Directors SEVP
0 1 1 1 1 1 1. Sunarso 1. Triswahju Herlina
2. Catur Budi Harto 2. Achmad Royadi
3. Supari 3. Harsya Wardhana
4. Handayani Prasetyo
5. A Solichin L 4. Aestika Oryza
6. Agus Noorsanto Gunarto
7. Agus Sudiarto 5. Muhammad
8. Amam Sukriyanto Candra Utama
9. Agus Winardono 6. I Nyoman Sugiri
10. Viviana Dyah Ayu R.K. Yasa
11. Arga Mahanan N 7. Steven Augustino
12. Andrijanto Yudiyantho
1 1 1 1 1 1 1. Handayani -
2. Viviana Dyah Ayu R.K.
1 1 1 1 1 1 1. Agus Noorsanto -
2. Viviana Dyah Ayu R.K.
1 1 1 1 1 1 1. Supari 1. Harsya Wardhana
2. Agus Sudiarto Prasetyo
3. Agus Winardono 2. Steven Augustino
4. Viviana Dyah Ayu R.K. Yudiyantho
1 1 1 1 1 1 1. Sunarso -
2. Catur Budi Harto
3. Viviana Dyah Ayu R.K.
1 1 1 1 1 1 1. Sunarso 1. Donny Permana
2. Catur Budi Harto 2. Achmad Royadi
3. Supari 3. Harsya Wardhana
4. Handayani Prasetyo
5. A Solichin L 4. Aestika Oryza
6. Agus Noorsanto Gunarto
7. Agus Sudiarto 5. Muhammad
8. Amam Sukriyanto Candra Utama
9. Agus Winardono 6. I Nyoman Sugiri
10. Viviana Dyah Ayu R.K. Yasa
11. Arga Mahanan N 7. Steven Augustino
12. Andrijanto Yudiyantho
1 1 1 1 1 1 Agus Winardono 1. Steven
Augustino
Yudiyantho
2. Harsya Wardhana
Prasetyo
3. I Nyoman Sugiri
Yasa
1 1 1 1 1 1 Viviana Dyah Ayu R.K. -
1 1 1 1 1 1 1. Sunarso 1. Donny Permana
2. Catur Budi Harto 2. Aestika Oryza
3. Supari Gunarto
4. Handayani 3. Muhammad
5. A Solichin L Candra Utama
6. Agus Sudiarto 4. I Nyoman Sugiri
7. Amam Sukriyanto Yasa
8. Agus Winardono 5. Steven Augustino
9. Viviana Dyah Ayu R.K. Yudiyantho
10. Arga Mahanan N
11. Andrijanto
PT Bank Rakyat Indonesia (Persero) Tbk 535
Page 538
Corporate
Governance
Date and
No. Agenda KW RR RIH HI 1 DRL
time
19 Tuesday, Discussion of BRI RAKB 1 1 1 - 1
November 26, Approval 2025
2024
20 Tuesday, a. 2024 Human Capital 1 1 1 - 1
December 3, Strategy Update
2024 b. Update on the 2024
Human Capital
Development Program
21 Tuesday, Application for approval of 1 1 1 - 1
December 10, Interim dividend
2024
22 Tuesday, Closing Remarks 2024 1 1 1 - 1
December 17,
2024
Note:
1 Hendrikus Ivo has resigned from his position since March 1, 2024
2 Haryo Baskoro Wicaksono has been in office since March 1, 2024
Note:
KW Kartika Wirjoatmodjo DRL Dwi Ria Latifa AR Agus Riswanto
RR Rofikoh Rokhim NS Nurmaria Sarosa ANN Awan Nurmawan Nuh
RIH Rabin Indrajad Hattari HS Heri Sunaryadi HBW Haryo Baskoro Wicaksono
HI Hendrikus Ivo PPS Paripurna Poerwoko Sugarda
Meeting Frequency and Attendance
Table of Frequency and Attendance of Board of Commissioners Meetings
Board of Commissioners Meeting
Name Position
Number of Number of
Percentage
Meetings Attendance
Kartika Wirjoatmodjo President Commissioner 6 6 100%
Rofikoh Rokhim Vice President Commissioner / 6 6 100%
Independent Commissioner
Rabin Indrajad Hattari Commissioner 6 6 100%
Hendrikus Ivo 1 Independent Commissioner 2 2 100%
Dwi Ria Latifa Independent Commissioner 6 6 100%
Heri Sunaryadi Independent Commissioner 6 6 100%
Paripurna Poerwoko Sugarda Independent Commissioner 6 6 100%
Agus Riswanto Independent Commissioner 6 6 100%
536 PT Bank Rakyat Indonesia (Persero) Tbk
Page 539
2024 Annual Report
HS PPS AR NS ANN HBW 2 Board of Directors SEVP
1 1 1 1 1 1 1. Sunarso 1. Donny Permana
2. Catur Budi Harto 2. Aestika Oryza
3. Supari Gunarto
4. Handayani 3. Muhammad
5. A Solichin L Candra Utama
6. Agus Sudiarto 4. I Nyoman Sugiri
7. Amam Sukriyanto Yasa
8. Agus Winardono 5. Steven Augustino
9. Viviana Dyah Ayu R.K. Yudiyantho
10. Arga Mahanan N
11. Andrijanto
1 1 1 1 1 1 Agus Winardono Steven Augustino
Yudiyantho
1 1 1 1 1 1 Viviana Dyah Ayu R.K. -
1 1 1 1 1 1 1. Sunarso -
2. Catur Budi Harto
3. Supari
4. Handayani
5. A Solichin L
6. Agus Noorsanto
7. Agus Sudiarto
8. Amam Sukriyanto
9. Agus Winardono
10. Viviana Dyah Ayu R.K.
11. Arga Mahanan N
12. Andrijanto
Board of Commissioners Joint AGMS
Number of Number of Number of Number of
Percentage Percentage
Meetings Attendance Meetings Attendance
22 22 100% 1 1 100%
22 22 100% 1 1 100%
22 22 100% 1 1 100%
4 4 100% 1 1 100%
22 22 100% 1 1 100%
22 21 95% 1 1 100%
22 22 100% 1 1 100%
22 22 100% 1 1 100%
PT Bank Rakyat Indonesia (Persero) Tbk 537
Page 540
Corporate
Governance
Board of Commissioners Meeting
Name Position
Number of Number of
Percentage
Meetings Attendance
Nurmaria Sarosa Independent Commissioner 6 6 100%
Awan NurmawanNuh Commissioner 6 6 100%
Haryo Baskoro Wicaksono 2 Independent Commissioner 4 4 100%
Note:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
Training and/or Enhancement of Board of Commissioners’ Competence
BRI is subject to and complies with the Financial Services Authority Regulation (POJK) Number 24 of 2022 which regulates the obligation
of banks 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 Commissioners 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 the Board of Commissioners understand the roles and responsibilities, characteristics, and operations of the Company,
as well as understand the latest developments in regulations and best practices, then at least once a year the Board of Commissioners
will improve competence or refresh knowledge through training activities, certification, and other activities. The implementation of the
Board of Commissioners education program aims to:
1. Increase the insight and knowledge of the Board of Commissioners following their fields and business developments.
2. Increase relations with external stakeholders.
3. Support the implementation of duties and responsibilities supported by knowledge of educational outcomes;
4. Develop professional knowledge, competence, and leadership abilities of the Board of Commissioners in line with the latest
developments in the industry and good corporate governance.
5. Provide provision to develop and strengthen the Company’s structure and governance.
The education program was carried out by members of the Board of Commissioners at least once a year and/or as needed. The training
and/or competency improvement attended by the Board of Commissioners during 2024 are as follows.
Types of Training Implementation
and Development
Name Position Materials Organizer
Competency / Time Place
Training
Kartika President Risk Management November 29, 2024 Jakarta, Indonesia Bankers Association for Risk
Wirjoatmodjo Commissioner Certification (SMR) Management
Alignment Program for
BOD, BOC, SEVP
Rofikoh Rokhim Vice President Servant Leadership: May 6 - 10, 2024 Virginia, Amerika Serikat Darden Executive Education
Commissioner/ Leading with Humanity
Independent
Commissioner Risk Management August 21 - 23, 2024 Jakarta, Indonesia Bankers Association for Risk
Alignment Seminar Management
Asian Confederation of August 28 - 29, 2024 Bali, Indonesia Asian Confederation of
Institutes of Internal Institutes of Internal Auditors
Auditors (ACIIA) Regional
Conference
Navigating the Global September 12 - 13, Semarang, Indonesia Institute of Internal Auditors
Internal Audit Standards 2024
Sustainable Leadership in September 16 - 19, Michigan, Amerika Michigan Executive
the ESG Era 2024 Serikat Education
Connecting Sustainability December 02 - 04, Jakarta, Indonesia Ikatan Akuntan Indonesia
& Economic Resillience: 2024
Accountants Navigating
The Future
538 PT Bank Rakyat Indonesia (Persero) Tbk
Page 541
2024 Annual Report
Board of Commissioners Joint AGMS
Number of Number of Number of Number of
Percentage Percentage
Meetings Attendance Meetings Attendance
22 22 100% 1 1 100%
22 22 100% 1 1 100%
18 18 100% - - -
Types of Training Implementation
and Development
Name Position Materials Organizer
Competency / Time Place
Training
Rabin Indrajad Commissioner Leading Change and March 17 - 22, 2024 Cambridge, Amerika Harvard Business School
Hattari Organizational Renewal Serikat
Changing the Game July 21 - 26, 2024 Cambridge, Amerika Harvard Business School
Serikat
Risk Management November 20 - 21, Jakarta, Indonesia Bankers Association for Risk
Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
Dwi Ria Latifa Independent Executing Strategy for July 14 - 19, 2024 London, United London Business School
Commissioner Results Kingdom
Risk Management November 20 - 21, Jakarta, Indonesia Bankers Association for Risk
Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
HR: People, Culture and December 02 - 04, Rotterdam, Belanda Erasmus University
Transformation 2024
Hendrikus Ivo 1 Independent - - - -
Commissioner
Heri Sunaryadi Independent Leading Change July 22 - 26, 2024 London, United London Business School
Commissioner for Organisational Kingdom
Transformation
Risk Management November 20 - 21, Jakarta, Indonesia Bankers Association for Risk
Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
Enhancing Your December 10 -12, London, United The École des hautes études
Leadership 2024 Kingdom commerciales de Paris
Paripurna Independent Disruptive Innovation: June 17 - 22, 2024 Cambridge, Amerika Harvard Business School
Poerwoko Commissioner Strategies for a Serikat
Sugarda successful enterprise
Risk Management November 20 - 21, Jakarta, Indonesia Bankers Association for Risk
Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
Designing and Executing December 01 - 06, Cambridge, Amerika Harvard Business School
Corporate Revitalization 2024 Serikat
PT Bank Rakyat Indonesia (Persero) Tbk 539
Page 542
Corporate
Governance
Types of Training Implementation
and Development
Name Position Materials Organizer
Competency / Time Place
Training
Agus Riswanto Independent Risk Management November 20 - 21, Jakarta, Indonesia Bankers Association for Risk
Commissioner Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
HR: People, Culture and December 02 - 04, Rotterdam, Belanda Erasmus University
Transformation 2024
Leading Change December 22 - 26, London, United London Business School
for Organisational 2024 Kingdom
Transformation
Nurmaria Sarosa Independent Executing Strategy for July 14 - 19, 2024 London, United London Business School
Commissioner Results Kingdom
Webinar Understanding October 10, 2024 Online Multi Sertifikasi Indonesia
Carbon Accounting -MSI
Enviromental, Social, October 10 -11, Online Center for Risk Management
& Governance (ESG) 2024 & Sustainability
Reporting
Leading for Result November 19 - 25, Singapore, Singapura Institut Européen
2024 d’Administration des Affaires
Carbon Digital December 9 - 11, Jakarta, Indonesia Indonesia Carbon Trade
Conference Indonesia 2024 Association
Risk Management December 20 - 21, Jakarta, Indonesia Bankers Association for Risk
Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
Awan Nurmawan Commissioner Learning Agility and May 4 - 20, 2024 Amsterdam, Belanda Blackbird Training Center
Nuh Developing Human
Capital
Risk Management November 20 - 21, Jakarta, Indonesia Bankers Association for Risk
Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
Haryo Baskoro Independent Risk Management November 20 - 29, Jakarta, Indonesia Bankers Association for Risk
Wicaksono 2 Commissioner Certification (SMR) 2024 Management
Alignment Program for
BOD, BOC, SEVP
Leadership in a December 02 - 6, London, United Imperial College Business
Technology Driven World 2024 Kingdom School
Note:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
Orientation Program for New Commissioners BUMN. Implementation of this program in the form of presentations,
meetings, visits to the company’s business unit and the assessment
BRI has a company orientation and introduction policy for newly of documents or other programs. The objectives of the Board of
appointed members of the Board of Commissioners, orientation is Commissioners’ orientation programs are as follows:
given in relation to their duties and responsibilities. The Orientation 1. Adding knowledge to and new Commissioners on Vision,
Program is organized by the Corporate Secretary for new members Mission, Profile and objectives of BRI Bank.
of the Board of Commissioners. This orientation program is 2. Supporting the achievement of the Bank’s objectives through
implemented to comply with the Regulation of the Minister of State- continuous improvement of performance
Owned Enterprises No. PER-2/MBU/03/2023 dated March 3, 2023 3. Provide an overview of responsibilities, authorities and
concerning Guidelines for Governance and Significant Corporate prohibitions as a Commissioner of BRI.
Activities of State-Owned Enterprises Article 43 stipulates that 4. Provide guidelines for Commissioners in carrying out their
members of the Board of Commissioners/Supervisory Board and duties.
members of the Board of Directors who are appointed for the first 5. To increase the Board of Commissioners’ understanding of
time must be given an introduction program regarding the relevant work and operational system at Bank BRI.
540 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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 knowledge 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 orientation program for the new Board of Commissioners, namely Mr. Haryo Baskoro Wicaksono which has been followed is as
follows:
Orientation Program Materials Implementation date Organizer
Rights and Obligations of the Board of Commissioners Monday, March 04, 2024 Corporate Secretary Division
• Duties, Responsibilities and Authorities of Members of the Board of Commissioners Tuesday, March 19, 2024 Secretariat of the Board of
• Articles of Association Commissioners
• BRI Business Overview (business segments, products, and services) Wednesday, March 20, Investor Relations Division
• Financial Highlights 2024
• Investor Concerns
• Subsidiary Overview
• Subsidiary Company Profile Wednesday, March 20, Subsidiaries Management Division
• Subsidiary Company Performance 2024
• Organizational Structure Wednesday, March 20, Planning, Budgeting, and
• Vision, Mission, and Long-Term Strategic Plan (Corporate Plan) 2024 Performance Management Division
• Medium-Term Strategic Plan (Bank Business Plan/RBB) and Short-Term Strategic
Plan (Company Work Plan and Budget/RKAP)
• Governance Implementation Framework Thursday, March 21, 2024 Compliance Division
• Implementation of Corporate Governance
• Integrated Governance
• Risk Management Thursday, March 21, 2024 Market, Portfolio & Enterprise Risk
• Risk Profile Management Division
• Risk Assessment
• Risk Monitoring
Functions of Internal and External Audit Units Friday, March 22, 2024 Internal Audit Unit
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.
The validity period of the Risk Management Certificate is for a period of 3 (three) years from the date of issuance of the certificate in
question, and can be extended for 3 (three) years after the date the validity period of the previous Risk Management Certificate ends. The
risk management certification table of the Board of Commissioners is as follows:
Certification/ Refreshment
Name Position Certification Year of
Level
Organizer Publication
Kartika Wirjoatmodjo President Commissioner LSPP Level 7 2024
Rofikoh Rokhim Vice President Commissioner/ Independent Commissioner LSPP Level 6 2024
Rabin Indrajad Hattari Commissioner LSPP Level 6 2024
Dwi Ria Latifa Independent Commissioner LSPP Level 6 2024
PT Bank Rakyat Indonesia (Persero) Tbk 541
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Corporate
Governance
Certification/ Refreshment
Name Position Certification Year of
Level
Organizer Publication
Hendrikus Ivo 1 Independent Commissioner BSMR Level 3 2020
Heri Sunaryadi Independent Commissioner LSPP Level 6 * 2024 *
Paripurna Poerwoko Sugarda Independent Commissioner LSPP Level 6 * 2024 *
Agus Riswanto Independent Commissioner LSPP Level 6 * 2024 *
Nurmaria Sarosa Independent Commissioner LSPP Level 6 * 2024 *
Awan Nurmawan Nuh Commissioner LSPP Level 6 2024
Haryo Baskoro Wicaksono 2 Independent Commissioner LSPP Level 7 2024
Note:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
* Alignment to Level 6 has been carried out in November 2024, in the competency test process by the Banking Professional Certification Institute (LSPP)
Supervision of the Implementation of the 4. Evaluation of the proposed RBB for 2025-2027 and RKAP for
Company’s Strategy 2025.
5. Appointment of Public Accounting Firm and/or Public
Based on the Financial Services Authority Regulation No. 5/ Accountant for the general audit of BRI’s consolidated financial
POJK.03/2016 concerning Bank Business Plans, the Board of statements and PUMK financial statements for 2024.
Commissioners is required to supervise the implementation of the 6. Loan consultation from the Board of Directors to the Board
Bank’s Business Plan which includes among others management of Commissioners.
policies and strategies. The results of the supervision are set 7. Approval of the 2024 SKAI Annual Audit Planning.
forth in the Supervision Report on the Implementation of the 8. Evaluation of the performance and implementation of
Bank’s Business Plan which is submitted to the Financial Services integrated governance in BRI’s financial conglomerate.
Authority each semester as follows: 9. Nomination and remuneration of the BRI Board of Directors
1. Board of Commissioners’ Supervisory Report on the and Board of Commissioners including nomination of
Performance of PT BRI Semester II of 2023 on January 31, 2024. Subsidiary Company management.
2. Supervisory Report of the Board of Commissioners for 10. Review and approval of provision to related parties and capital
Semester I of 2024 on July 30, 2024. participation under the authority of the Board of Commissioners
11. Evaluation of the performance and implementation of the main
Implementation of Supervisory Duties of The results of the SKAI audit, monitoring of follow-up actions on
Board of Commissioners internal and external audit findings on a quarterly basis.
12. Review of Business Development in each Loan Segment.
The Board of Commissioners has carried out its duties, obligations, 13. Evaluation of the implementation of BRI’s human capital
and responsibilities to supervise the management policies and policy.
the running of the Company’s management as determined based 14. Evaluation of Bank’s soundness level, risk profile,
on the applicable laws and regulations, the Company’s Articles of implementation of compliance function, anti-fraud strategy
Association, and the stipulated Work Plan. Duties, obligations, and and implementation of AML CFT.
responsibilities 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 with the 16. Evaluation of reorganization proposals in the context of aligning
Board of Directors, or meetings and evaluations with committees business targets and collaboration between segments.
under the Board of Commissioners and a letter from the Board of 17. Evaluation of the implementation of Internal Control over
Commissioners to the Board of Directors. Financial Reporting (ICoFR) and strengthening of Integrated
governance.
As for the implementation of the duties of the Board of 18. Review of corporate loan portfolios and high-risk debtors.
Commissioners during 2024, among others: 19. Review of BRI IT governance, architecture and strategy.
1. Supervise and provide advice on the Board of Directors’ 20. Review and approval of sustainable financial action plans,
policies in carrying out the management of the Company recovery plans, and resolution plans.
during 2023.
21. Review of DPLK’s financial and investment performance in
2. Review of the realization of BRI’s financial report performance
2023, including approval of Bank DPLK’s business plan in 2024.
on a consolidated and quarterly basis.
22. Implementation of other duties of the Board of
3. Evaluation of the proposed RBB for 2024-2026 and RKAP
2024, including the realization of the achievements of RKAP Commissioners in the context of supervisory functions and
and RBB for 2024. providing advice to the Board of Directors.
542 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Board of Commissioners’ Recommendations
Throughout 2024, the Board of Commissioners has provided recommendations/approvals to the Company’s Management in accordance
with its authority as stipulated in the Articles of Association and applicable regulations. The details are as follows:
No. Day and date Recommendation/Approval
1 Friday, January 26, 2024 Approval of the Guidelines for the Implementation of the Anti-Money Laundering and Counter-Terrorism
Financing (AML CTF) Program and the Prevention of Financial Crimes in the BRI Pension Fund (DPLK BRI).
2 Tuesday, February 13, 2024 Approval of the 2024 Annual Audit Plan for the Internal Audit Unit (SKAI).
3 Tuesday, February 20, 2024 Proposal for Organizational Structure Changes and Amendments to the Nomenclature of the Board of Directors
for the 2024 Annual General Meeting of Shareholders (AGMS).
4 Tuesday, February 20, 2024 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 2024 Fiscal Year.
5 Tuesday, February 27, 2024 Proposal for the Appointment of a Public Accounting Firm for the Audit of the Consolidated Financial Statements
and the Audit of the Micro and Small Business Funding Program Financial Statements for the 2024 Fiscal Year.
6 Wednesday, March 06, 2024 Determination of the Composition of the Board of Commissioners' Committees.
7 Tuesday, March 19, 2024 Changes to BRI’s Organizational Structure.
8 Tuesday, March 26, 2024 Approval of Fund Provision to Related Parties on behalf of PT Pegadaian.
9 Wednesday, April 24, 2024 Approval of the Proposed General Risk Management Policy.
10 Wednesday, June 26, 2024 Approval of the Revised BRI Business Plan (RBB) for 2024-2026 and the Revised BRI Corporate Budget (RKAP)
for 2024.
11 Wednesday, July 3, 2024 Approval of Fund Provision to Related Parties on behalf of PT BRI Danareksa Sekuritas.
12 Tuesday, September 17, 2024 Approval of the Establishment of a New Business Unit as a Result of the Spin-Off of the Sharia Business Unit of
PT BRI Asuransi Indonesia.
13 Tuesday, September 17, 2024 Discussion on the Planned Capital Structure Changes for Strategic Partnership.
14 Monday, October 14, 2024 Approval of the Addendum to the 2024 Annual Audit Plan (PAT).
15 Thursday, October 31, 2024 Approval of the 2024-2025 Recovery Plan and the 2024-2026 Resolution Plan.
16 Tuesday, November 26, 2024 Approval of the Appointment of the Head of the Internal Audit Unit (SKAI).
17 Thursday, November 28, 2024 Approval of the Long-Term Plan (RJP) for 2025-2029, the Business Plan (RBB) for 2025-2027, and the 2025
Corporate Budget (RKAP) of BRI.
18 Thursday, November 28, 2024 Approval of BRI’s 2025 Sustainable Finance Action Plan.
19 Thursday, November 28, 2024 Approval of BRI’s 2025 Risk Appetite Statement.
20 Tuesday, December 10, 2024 Approval of Fund Provision to Related Parties on behalf of PT BRI Multifinance Indonesia.
21 Wednesday, December 18,
Approval of Fund Provision to PT Tower Bersama Infrastructure Tbk.
2024
Performance Assessment of The Board of Directors and Board of Commissioners
Board of Directors Performance Assessment
The Annual General Meeting of Shareholders is the highest organ in the company. The President Director and the Board of Directors of
the Company report and are accountable for the Company’s performance to the shareholders based on the Management Performance
Contract, namely assessing the performance of the President Director and each Board of Directors individually and the performance of
each Committee as a supporting organ of the Board of Directors. The implementation of the performance assessment of the Board of
Directors members is carried out based on the benchmark for assessing the performance of the President Director and each member of
the Board of Directors.
PT Bank Rakyat Indonesia (Persero) Tbk 543
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Corporate
Governance
The performance assessment of President Director and Members of the Board of Directors is conducted based on predefined Key
Performance Indicators (KPI), which include both collegial (collective) KPIs and individual Directorate KPIs. The assessment is carried out
annually as part of the Company’s corporate governance framework.
Procedures for the Implementation of the Board of Directors’ Performance Assessment
1. The Board of Directors submits the 7. Annual Management Contract 8. The Annual Management
Board of Directors’ KPI proposals which contains collegial Contract containing the Directors’
collegially to the GMS/ Minister Directors’ KPI Targets which has KPI Targets is individually signed
been signed by the Directors, by the Members of the Board of
also signed by the Board of Directors with the President Director
2. The Board of Directors’ KPIs Commissioners and the President Commissioner
submitted collegially are
determined simultaneously with
the submission of the Company’s 6. After the Board of 9. KPI achievements of the Board
Work Plan and Budget Commissioners’ collegial and of Directors are collegially
individual KPIs are approved by reported in periodic reports and
the Board of Commissioners, annual reports
3. The Board of Directors translates
the Board of Directors signs an
the KPI of the Board of Directors
Annual Management Contract
collegially into the KPI of the
which contains the Board of 10. Achievement Calculation of
Board of Directors individually
Directors’ KPIs collectively and the Directors KPI collegially
the Directors’ KPIs individually and individually reviewed by an
4. Individual Directors KPIs are independent Public Accounting
submitted to the Board of Firm (KAP) that audits the
Commissioners for approval 5. The Board of Commissioners company’s financial statements
approves the submitted KPIs of
the Directors individually
The procedures for implementing the evaluation of the CRITERIA FOR ASSESSMENT OF INDIVIDUAL PERFORMANCE
performance of the Board of Directors are carried out in the
Directorate (Individual) performance is assessed based on the
GMS agenda. The results of the evaluation of the performance
achievement of each Directorate’s KPI targets with the following
of the Board of Directors as a whole and the performance of each explanation:
Member of the Board of Directors individually are an integral part
of the compensation and incentive scheme for Members of the President Director & Deputy President Director
Board of Directors. The implementation of the Board of Directors · BRI’s consolidated profitability indicators
· BRI’s capital adequacy indicators
assessment is carried out using several criteria and measuring
· Loan quality indicators
tools, namely based on KPI achievement and based on GCG · BRI’s low-cost funding composition along with leading
assessment in the Board of Directors aspect. indicators such as active BRImo users
· Technology leadership indicators reflected by the
Criteria for Assessing The Board of Directors’ implementation of the Jalin Project according to milestones
and the absence of cyber security breaches
Performance
· Talent development indicators covering diversity in
nominated talent and employee productivity in line with
COLLEGIAL BOARD OF DIRECTORS’S PERFORMANCE company strategy
ASSESSMENT CRITERIA · Customer satisfaction & advocacy indicators (Net Promoter
Score) for BRI services
· Profit and fee income contribution targets from Subsidiaries
The performance evaluation criteria measured are as follows:
· Successful distribution of KUR (Micro Business Loans)
1. Economic and Social Value for Indonesia consisting of · Achievement of Ultra Micro integration according to the
financial, operational and social aspects initial Ultra Micro formation strategy
2. Business Model Innovation · ESG rating
3. Technology Leadership
4. Increased Investment
5. Talent Development
544 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Directorate of Finance Directorate of Risk Management
· BRI’s consolidated profitability indicators · Maintained Bank Soundness Level in the Sound category
· BRI’s capital adequacy indicators · Maintained Risk Maturity Index according to regulations
· Loan quality indicators · Risk Maturity Index for Ultra Micro holding entities (PNM and
· Liability structure reflected by the ratio of low-cost funds and PGD)
cost of funds · Extracomptable recovery executed according to business
· Total profit and fee income contribution targets from strategy
subsidiaries · Roadmap for improving the implementation of risk
· Corporate action plans executed according to milestones management according to milestone.
· Implementation of Enterprise Financial System
transformation and AI for BRI’s Finance Data initiatives Directorate of Compliance
according to milestones · Good Corporate Governance (GCG) rating
· Corporate Governance Perception Index (CGPI) score
Directorate of Consumers · Composite rating of Integrated Governance
· Asset spread in the consumer segment · ESG rating
· Consumer segment loans · Management of fines/losses related to regulatory issues
· Asset Under Management (AUM) for Third-Party Funds (DPK) · Quality of BRI litigation
and Non-DPK
· Maintained loan quality in the consumer segment Directorate of Retail Funding & Distribution
· Business process improvement implementation achieved · Net Promoter Score (NPS) indicating customer satisfaction &
according to milestones and financial targets, including advocacy towards BRI services
the Mortgage Ecosystem and Pipeline Management for the · Losses due to E-Channel skimming by external parties are
consumer segment controlled
· Number of productive EDC and QRIS merchants aligned with
Directorate of Micro Business business strategy, reflected in daily average CASA from EDC
· Successful distribution of Micro and Super Micro KUR merchants
· Liability structure reflected by daily average CASA and cost of · Retail funding costs remain controlled with cost of deposit
deposit in the micro segment · Implementation of the Jalin project according to milestones
· Extracomptable recovery in the micro segment · Quality of services and operations in BRI business units is
· Ultra Micro Holding executed according to business strategy maintained
· Micro Business Reengineering initiative implemented · Customer Experience Survey results by independent surveyors
according to milestones (CARRE and Gallup)
Directorate of Commercial, Small and Medium Business Directorate of Human Capital
· Asset spread in the SME segment · Increased Employee Engagement Index
· Fee-based income from the SME segment · Increased Employee Productivity
· Managed customer funds in the SME segment · Employer of Choice
· Daily average of managed customer funds in the SME · Average diversity in nominated talent: women & young
segment employees
· Business ecosystem development initiatives and pipeline · Risk Management Organ qualification fulfillment ratio
management carried out according to milestones
Directorate of Digital & Information Technology
Directorate of Wholesale Business and Institutions · Achieved IT maturity level target
· Fee-based income from wholesale and institutional business · Target success rate of transactions
· Ratio and daily average of low-cost funds · Improved network and IT service availability
· Growth in wholesale business segment loans with maintained · Zero incidents in IT security (cybersecurity breaches)
asset quality · Implementation of Jalin ATM integration project according
to milestones
Corporate Business Directorate · Implementation of BRI Group Single ID in line with milestones
· Fee-based income from corporate business · Achieved BRIbrain conversion rate
· Daily average of total deposits and low-cost funds
· Maintained loan quality reflected by LAR (Loan at Risk), DPK Directorate of Fixed Asset Management and Procurement
(Third-Party Funds), and NPL (Non-Performing Loan) ratios · Roadmap for the Use of Domestic Products and MSME Share
· Growth in daily average performing loans · Completion & Reconciliation of Fixed Asset Records
· Share of wallet in managed funds · Optimization/Resolution of Non-Operational Fixed Assets
· Acquisition of new principal customers (ATTB)
· Completion of New Fixed Asset Insurance Claims
Sub Directorate of Treasury and Global Services · Digital Campaign Performance
· Revenue from treasury & global services business
· Overall contribution from UKLN (Foreign Loans) Sub Directorate Change Management & Transformation Office
· Maintained liquidity management indicators below the · Stakeholder satisfaction survey on Project Management
threshold Effectiveness
· Volume & number of transactions in treasury & global · Outcomes of Moonshot BRIVolution 2.0 initiatives
services business · Post Implementation Review (PIR)
· Cost of funds outside of Third-Party Funds · PMO as Lead Demand Management
PT Bank Rakyat Indonesia (Persero) Tbk 545
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Corporate
Governance
· Implementation of business models according to Ecosystem of the implementation of Bank Governance, BRI conducted
Business Forum (EBF) milestones and financials an assessment of the Board of Directors’ aspects in the
· Qlola project implementation in line with milestones and implementation of GCG in the fiscal year. In addition, the Board
financial goals of Directors has an assessment mechanism that refers to the best
practice of the ASEAN CG Scorecard assessment.
Internal Audit Unit
· Control of fines due to non-compliance with regulatory The Party Conducting The Assessment
provisions
· Zero Cyber security breaches (zero incidents) The parties that conduct the performance assessment of the
· Quality execution of Whistle Blowing System (WBS) follow- Board of Directors are the Board of Commissioners and the
ups GMS. In conducting the performance assessment of the Board of
· Key corporate performance indicators Directors, the Board of Commissioners refers to the KPI indicators.
The performance of the Board of Directors and each member
Sub Directorate of Operations of the Board of Directors will be evaluated by the Board of
· Indicators related to cash management (such as cash ratio, Commissioners. The realization of the KPI of each Member of the
maximum cash limit, and ATM & CRM cash discrepancies) Board of Directors is reported to the Board of Commissioners for
· Enhancement of loan operational functions further review by the Remuneration and Nomination Committee
· Optimization of subrogation liability settlement as a consideration in determining the remuneration of each
· Management of SAI (Secondary Accrual Interest) Member of the Board of Directors. The individual performance of
· Maximum downtime of applications the Board of Directors can be seen specifically in the Individual
· Improvement of User Experience on BRISpot KPI consisting of Joint KPI and Directorate KPI.
· Migration of features from Legacy Apps to Digital Apps
Furthermore, the Board of Commissioners and the Board of
ASSESSMENT OF THE IMPLEMENTATION OF GOOD Directors are responsible for the achievement of the Company’s
CORPORATE GOVERNANCE IN THE BOARD OF DIRECTORS performance in the 2024 period, including the implementation
ASPECT of the duties and responsibilities of the Board of Commissioners
and the Board of Directors in the GMS. Before being disclosed in
Based on the provisions of OJK regulation Number 17/ the GMS, the assessment of the Board of Directors’ Collegial KPI
POJK.03/2023 and OJK circular letter No.13/SEOJK.03/2017 has gone through a review process by KAP.
which require Commercial Banks to conduct self-assessments
Results of the Collegial Performance Assessment of the Board of Directors
The collegial assessment of the KPI of the President Director and Members of the Board of Directors for the 2024 fiscal year has been
conducted as follows:
Category Weight KPI Parameters Achievement
Financial 1. PPOP Consolidation 105.2%
2. Total Shareholder Return 25.0%
3. ROE Tier 1 102.6%
36%
4. CAR 97.8%
5. Average Total Loan Growth 91.1%
Economic and Social Value for
Indonesia 6. Average Growth of Total Deposits 80.7%
Operational 7. LAR 101.3%
16% 8. Cost of Credit (CoC) 110.0%
9. BOPOConsolidation 98.0%
Social 10. Realization of KUR Distribution 109.4%
8%
11. Net Promoter Score (NPS) 110.0%
12. CASA Ratio 105.9%
Business Model Innovation 10% 13. Number of Active BRIMO Users 110.0%
14. Micro Business Transformation Plan 100.0%
Technology Leadership 15. ATM integration implementation (Project Jalin) 100.0%
7%
16. Cyber Security Breach 110.0%
546 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Category Weight KPI Parameters Achievement
Increased Investment 17. Rating Environment, Social, Government (ESG) 100.0%
18. Increase in Profit & Fee Income Contribution from 102.9%
Subsidiary Companies
15%
19. Sustainable Financing or Loan 93.1%
20. Ultra Micro KPI Realization 100.5%
Talent Development 21. Average Diversity in Nominated Talent (Women & Young) 110.0%
8%
22. Employee Productivity 105,0%
Board of Commissioners Performance Procedure for Implementing the Performance
Assessment Assessment of The Board of Commissioners
The Board of Commissioners prepares a work plan at the Performance Assessment of the Board of Commissioners is
beginning of the year and conducts a self-assessment based carried out through self-assessment and is reported at the GMS.
on the achievements of the Board of Commissioners and the
predetermined Key Performance Indicators (KPI). Furthermore, Board of Commissioners’ Performance Evaluation
the Board of Commissioners also reviewed the implementation of Criteria
the duties of supporting bodies under the Board of Commissioners
in accordance with the targets set in the Work Plan and Budget. Board of Commissioners Performance indicators or criteria are
measured by the achievement of the work program/ work plan
Based on the review results and the self-assessment of the and budget (RKA) that was prepared at the beginning of each year.
performance of the Board of Commissioners and the Committees The work program of the Board of Commissioners is prepared by
under the Board of Commissioners, it was concluded that all work taking into account the key success factors in the implementation
plans established at the beginning of 2024 were successfully of the Board of Commissioners duties, including the learning &
implemented 100% in line with the set targets. growth, Internal process, compliance and financial perspectives.
The 2024 assessment of the Board of Commissioners criteria are
as follows:
No. Assessment Assessment Aspects Indicators Parameter Weight
Perspectives
1 Learning Board of Commissioners Organization of the Board of Organization of the Board of 2,00
& Growth Organization Commissioners Following the Commissioners following applicable
Perspective provisions regulations
Organ organization under the Board Organ organization under the 2,00
of Commissioners following the Board of Commissioners following
provisions applicable regulations
Board of Commissioners New Board of Commissioners The entire Board of Commissioners 2,00
Competency orientation program has just joined the orientation
Development program
Members of the Board of Members of the Board of 2,00
Commissioners fulfill competency/ Commissioners have fulfilled their
certification in accordance with competencies in accordance with
applicable regulations applicable regulations
Education/training/seminar Each Commissioner member has 2,00
programs to improve competence attended at least one education/
training/seminar program
Sub Total 10,00
PT Bank Rakyat Indonesia (Persero) Tbk 547
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Corporate
Governance
No. Assessment Assessment Aspects Indicators Parameter Weight
Perspectives
2 Internal Process Planning Ratification of the Work Plan The RKAP of the Board of 2,50
and Budget of the Board of Commissioners is approved before
Commissioners the implementation of the current
year the RKAP takes effect
Approval of RBB and/or revision of The RBB is ratified before November 5,00
RBB on time 30, and the Revised RBB is approved
by the Board of Commissioners
before June 30 every year
Implementation Approval of corporate actions The application for approval from 5,00
of the Board of Directors that the Board of Commissioners on the
require the support of the Board proposal of the Board of Directors is
of Commissioners following the given no later than 15 working days
provisions from the date it is received by the
Board of Commissioners
Meetings of the Board of Meetings of the Board of 10,00
Commissioners are held following Commissioners are held at least
the provisions and targets once a month, and the Meetings of
the Board of Commissioners with the
Board of Directors are held at least
once every four months
Formulate Nomination Policy a. Letter of submission of 2,50
and Implementation of the nominated talent to the Cluster
Nomination Process Candidates Talent Committee (CTC)
for the management of the b. Company Nomination Policy
Company, including subsidiaries
under the authority of the Board of
Commissioners
Develop remuneration policies and a. Remuneration Policy for the 2,50
remuneration structures for the Board of Directors and the
Board of Directors and the Board of 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
Appointment of a Public The recommendation of KAP to 5,00
Accounting Firm on the Company’s carry out an audit of the company’s
Financial Statements financial statements is given before
the Company’s Annual GMS
Supervision Implementation of the Working Implementing working visits to 7,50
Visit of the Board of Commissioners Regional Offices
Implementation of internal control Review of The Internal Audit 2,50
review Business Unit Annual Audit Planning
(PAT) and evaluation of the
implementation of internal audit
Implementation of the Internal Internal audit report review and 2,50
Audit Audit Report Review and followup on findings are carried out
follow-up on the results of the following the provisions and on time
internal audit according to the target
Implementation of Internal Audit External audit report review and 2,50
Audit Report Review and follow-up followup on findings are carried out
on external audit results following the provisions and on time
according to the target
Implementation of the Financial Review of financial statements is 2,50
Report Review carried out following the provisions
and on time according to the target
Sub Total 50,00
548 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
No. Assessment Assessment Aspects Indicators Parameter Weight
Perspectives
3 Compliance Implementation of Implementation of GCG The GCG self-assessment is carried 2,50
Prespective corporate activities in selfassessment out every Semester in accordance
accordance with Good with the provisions and on time
Corporate Governance according to the target
Implementation of the Integrated GCG self-assessment is carried out 2,50
Governance self-assessment every semester in accordance with
the provisions and on time according
to the target
Public Accountant’s Opinion on the Unqualified Public Accountant 5,00
Company’s Financial Statements Opinion
CGPI Assessment Score CGPI assessment score is better than 2,50
previous year
Implementation of the Performance of a review of the Risk Implementation of the review of 10,00
Supervision function Profile Report the Risk Profile Report every three
on the Management of months in accordance with the
Risk Management provisions and on time according to
the target
Implementation of the compliance The self-assessment score of the 2,50
function review of the implementation of the
compliance function is carried out
every semester
Implementation of Review on Risk The review of the Compliance 2,50
Profile Report and Compliance function and the soundness level
Function and bank soundness level of the bank is carried out every
semester in accordance with the
provisions and on time according to
the target
Implementation of the Integrated Implementation of Integrated 2,50
Internal Control Adequacy Review, Internal Control Adequacy
Integrated Risk Profile, Integrated Review, Integrated Risk Profile,
Governance Implementation, and Implementation of Integrated
Integrated Governance Annual Governance, and Integrated
Report. Governance Annual Report is carried
out every Semester in accordance
with the provisions and on time
according to the target
Sub Total 30,00
4 Financial Assessment of Net profit Achievement of net profit targets in 2,50
Perspective profitability and capital accordance with the RKAP
aspects
Asset Achievement of asset targets in 2,50
accordance with the RKAP
NPL Achievement of NPL targets in 2,50
accordance with the RKAP
CAR Achievement of CAR targets in 2,50
accordance with the RKAP
Sub Total 10,00
TOTAL 100,00
Parties that Conduct the Assessment
The Board of Commissioners evaluates the performance of the Board of Commissioners in 2024 by conducting a self-assessment and
presented at the GMS.
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Corporate
Governance
Board of Commissioners Performance Assessment Results
Valuvation
No. Assessment Aspects Indicator Parameter
Perspective
1 Learning & Growth Board of Commisioners The organization of the Board of The organization of the Board of Commissioners is in
Perspective Organization Commissioners complies with the accordance with the applicable regulations.
regulations.
The organization of bodies under The organization of bodies under the Board of
the Board of Commissioners is in Commissioners is in accordance with the applicable
accordance with the regulations. regulations.
Board of Commissioners Orientation program for new Board All new Board of Commissioners members have
Competency of Commissioners members completed the orientation program.
Development
Board of Commissioners members Board of Commissioners members meet competency
fulfill competency/certification requirements as per applicable regulations.
requirements as per regulations.
Participation in education/ Each Board of Commissioners member attends at least
training/seminars to enhance one education/training/seminar annually
competency
Sub Total
2 Internal Process Planning Approval of the Board of The Board of Commissioners’ RKAP is approved before
Commissioners' Work Plan and the financial year begins.
Budget (RKAP)
Timely approval of Business Plan RBB must be approved before November 30, and
(RBB) and/or revision revisions before June 30 annually.
Implementation Approval of corporate actions Board of Commissioners’ approval must be given
or Board of Directors’ decisions within 15 working days of receiving the request.
requiring Board of Commissioners'
approval
Board of Commissioners meetings Board of Commissioners meetings must be held at
are conducted as per regulations least once a month, and joint meetings with the Board
and targets of Directors at least once every four months.
Formulating Nomination a. Submission of nominated talent letter to the
Policies and Implementing the Cluster Talent Committee (CTC)
Nomination Process for Corporate b. Corporate Nomination Policy
Management Candidates,
Including Subsidiaries Under
the Authority of the Board of
Commissioner
Formulating Remuneration a. Remuneration Policy for the Board of Directors and
Policies and Structure for the Board of Commissioners.
Board of Directors and Board of b. Recommendation on the remuneration structure for
Commissioners the Board of Commissioners and Board of Directors
submitted to the Series A Dwiwarna Shareholder.
Appointment of Public Accounting Recommendation of the Public Accounting Firm
Firm for the Company’s Financial (PAF) to audit the company’s financial statements
Statements is provided before the Annual General Meeting of
Shareholders (AGMS)
Pengawasan Implementation of the Board of Conducting working visits to Regional Offices.
Commissioners’ Working Visits
Implementation of Internal Review of the Annual Audit Plan (AAP) of the
Control Review Internal Audit Unit (SKAI) and evaluation of the
implementation of internal audits.
550 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Achievement Final
Weight (%) Target Realization
(%) score
2,00 The organization of the Board of The organization of the Board of Commissioners 100 2,00
Commissioners is in accordance with the was in accordance with the applicable
regulations. regulations.
2,00 The organization of bodies under the Board The organization of bodies under the Board 100 2,00
of Commissioners is in accordance with the of Commissioners was in accordance with the
regulations. applicable regulations.
2,00 All newly appointed Board of Commissioners In 2024, one new Board of Commissioners 100 2,00
members undergo an orientation program. member, Mr. Haryo Baskoro Wicaksono,
completed the orientation program.
2,00 Board of Commissioners members fulfill All Board of Commissioners members met 100 2,00
competency requirements per regulations. competency requirements per regulations.
2,00 All Board of Commissioners members have All Board of Commissioners members attended at 100 2,00
attended at least one training session per year. least one training session per year.
10,00 10,00
2,50 The Board of Commissioners’ RKAP is The Board of Commissioners’ 2025 RKAP was 100 2,50
approved before the financial year begins. approved on December 31, 2024.
5,00 The Board of Commissioners approves the The Board of Commissioners approved the RBB 100 5,00
RBB by November 30 and revisions by June 30. on November 28, 2024, and revisions on June 26,
2024.
5,00 The Board of Commissioners responds to In 2024, 21 approvals were granted by the Board 100 5,00
corporate actions requiring approval as per of Commissioners for all submitted requests from
regulations. the Board of Directors.
10,00 The Board of Commissioners holds at least In 2024, 22 meetings were held with the Board of 100 10,00
one meeting per month and joint meetings Directors and 108 committee meetings under the
every four months. Board of Commissioners.
2,50 a. The Board of Commissioners submits the a. The Board of Commissioners submitted the 100 2,50
nominated talent letter to the Cluster nominated talent letter to the Cluster Talent
Talent Committee (CTC). Committee (CTC) in February 2024.
b. The Corporate Nomination Policy is b. The Board of Commissioners established
available in accordance with the applicable the Nomination Policy for Board of
regulations Commissioners and Board of Directors
members through the Board of
Commissioners’ Decree on July 28, 2015.
2,50 a. The Board of Commissioners has a. The Board of Commissioners has the following 100 2,50
established provisions regarding the policies:
Remuneration Policy for the Board of 1. Remuneration Policy for the Board of
Directors and Board of Commissioners. Directors and Board of Commissioners
b. The recommendation on the remuneration 2. Governance Policy for Remuneration
structure for the Board of Commissioners 3. Implementation of deferred remuneration
and Board of Directors was submitted to payment
the Series A Dwiwarna Shareholder. b. The Board of Commissioners submitted the
proposed remuneration for the Board of
Directors and Board of Commissioners for 2024
and the performance bonus for the 2023 fiscal
year to the Series A Dwiwarna Shareholder on
February 27, 2024, and April 1, 2024.
5,00 The recommendation of the PAF for auditing The proposed PAF to conduct the general audit of 100 5,00
the company’s financial statements is the consolidated financial statements and PUMK
submitted before the AGMS. BRI financial statements for the 2023 fiscal year
was submitted before the 2024 AGMS on February
27, 2024
7,50 The Board of Commissioners conducts visits to In 2024, the Board of Commissioners carried 100 7,50
BRI Regional Offices. out working visits to 15 business units under the
supervision of regional offices.
2,50 The review of the AAP of SKAI and evaluation The Board of Commissioners reviewed and 100 2,50
of internal audit implementation is conducted approved the AAP of SKAI for 2024 on February
according to the stipulated schedule. 13, 2024.
PT Bank Rakyat Indonesia (Persero) Tbk 551
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Corporate
Governance
Valuvation
No. Assessment Aspects Indicator Parameter
Perspective
Review of Internal Audit Findings Review of internal audit findings and follow-up is
and Follow-Up on Internal Audit conducted as per applicable regulations and within the
Results stipulated timeframe.
Implementation of Financial The financial report review is conducted in accordance
Report Review with applicable regulations and within the stipulated
timeframe.
Implementation of Financial The financial report review is conducted in accordance
Report Review with applicable regulations and within the stipulated
timeframe.
Sub Total
3 Compliance Implementation of Implementation of GCG self- GCG self-assessment is conducted every semester as
Prespective corporate activities in assessment per regulations.
accordance with Good
Corporate Governance
Implementation of Integrated The Integrated GCG self-assessment is conducted
Governance Self-Assessment every semester in accordance with applicable
regulations and within the stipulated timeframe.
Public Accountant’s Opinion Unqualified Opinion
on the Company’s Financial
Statements
CGPI Assessment Score The CGPI score should be better than the previous
year.
Implementation of the Review of Risk Profile Report The risk profile report is reviewed every three months
Supervisory Function in accordance with regulations and within the
over Risk Management stipulated timeframe.
Implementation of Compliance The review of the compliance function and bank
Function soundness level is conducted every semester in
accordance with regulations and within the stipulated
timeframe.
Review of Risk Profile Report and The review of the compliance function and Bank
Compliance Function, as well as soundness level is conducted every semester in
Bank Soundness Level accordance with regulations and within the stipulated
timeframe.
Review of Integrated Internal The review of these aspects is conducted every
Control Adequacy, Integrated Risk semester in accordance with regulations and within
Profile, Integrated Governance the stipulated timeframe.
Implementation, and the Annual
Integrated Governance Report
Sub Total
552 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Achievement Final
Weight (%) Target Realization
(%) score
2,50 The Board of Commissioners' Written recommendations on internal audit 100 2,50
recommendations on internal audit findings findings in the form of opinions and advice from
and follow-up actions are implemented in the Board of Commissioners to the Board of
accordance with regulations and within the Directors were evaluated quarterly (Q4 2023, Q1
stipulated timeframe, four times in 2024 2024, Q2 2024, and Q3 2024).
2,50 The Board of Commissioners' Written recommendations on external audit 100 2,50
recommendations on external audit findings findings in the form of opinions and advice from
and follow-up actions are implemented in the Board of Commissioners to the Board of
accordance with regulations and within the Directors were evaluated quarterly (Q IV 2023, Q I
stipulated timeframe. 2024, Q II 2024 dan Q III 2024).
2,50 he financial report review is carried out in The Board of Commissioners has reviewed the 100 2,50
compliance with regulations and on schedule. general audit of the 2023 financial statements,
as well as the financial reports for Q IV 2023, Q I
2024, Q II 2024 dan Q III 2024.
50,00 50,00
2,50 Self-assessment is conducted twice a year The Board of Commissioners conducted GCG self- 100 2,50
assessments for Semester II 2023 and Semester I
2024 and provided written recommendations.
2,50 The Integrated GCG self-assessment is carried In 2024, the Integrated GCG self-assessment was 100 2,50
out every semester. conducted twice, namely SA TKT Semester II 2023
and SA TKT Semester I 2024, in compliance with
regulations and within the stipulated timeframe.
5,00 The Public Accountant’s Opinion states that The Public Accountant’s Opinion stated that the 100 5,00
the financial statements are fairly presented financial statements were fairly presented in all
in all material respects. material respects
2,50 The target CGPI score is higher than the The CGPI score for 2023 was 95,31 100 2,50
previous year (2023/ 95,21)
10,00 There are written recommendations in the The Board of Commissioners provided written 100 10,00
form of opinions and advice from the Board of recommendations in the form of opinions and
Commissioners. advice to the Board of Directors on the risk profile
report every quarter.
2,50 The compliance risk rating remains within an Compliance risk remains within an acceptable 100 2,50
acceptable range, classified as Level 2 (Low to range, classified as Level 2 (Low to Moderate).
Moderate) according to OJK assessment.OJK
2,50 Written recommendations from the Board of The Board of Commissioners provided written 100 2,50
Commissioners on the compliance function recommendations in the form of opinions
review and bank soundness level are provided and advice to the Board of Directors on the
every semester. compliance function review and bank soundness
level for Semester II of 2023 and Semester I of
2024.
2,50 Written recommendations from the Board of The Board of Commissioners provided written 100 2,50
Commissioners on these aspects are provided recommendations in the form of opinions and
every semester. advice to the Board of Directors on these aspects
for Semester II of 2023 and Semester I of 2024.
30,00 30,00
PT Bank Rakyat Indonesia (Persero) Tbk 553
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Corporate
Governance
Valuvation
No. Assessment Aspects Indicator Parameter
Perspective
4 Financial Assessment of Net profit Achievement of net profit targets in accordance with
Perspective profitability and capital the RKAP
aspects
Aset Achievement of asset targets in accordance with the
RKAP
NPL Achievement of NPL targets in accordance with the
RKAP
CAR Achievement of CAR targets in accordance with the
RKAP
Sub Total
TOTAL
Performance Assessment of Committees with prevailing laws and regulations as well as the principles
Under the Board of Commissioners and The of Good Corporate Governance (GCG). Achievements in
Basis of Their Assessment this perspective directly contribute to the effectiveness
of the supervisory function performed by the Board of
The Board of Commissioners evaluates the performance Commissioners.
effectiveness of the committees under the Board of 3. Compliance Perspective.
Commissioners. The performance assessment procedure of This perspective assesses the extent to which the activities
the Committee under the Board of Commissioners is carried conducted by the Committee comply with applicable laws,
out annually and criteria for assessing the performance of the regulations, and GCG principles. Regulatory compliance is a
Committees under the Board of Commissioners are seen from the crucial element in maintaining the integrity and credibility of
KPI requests of each Committee. The Board of Commissioners both the Committee and the Board of Commissioners.
considered that during 2024 the Board of Commissioners’
committees had carried out their duties and responsibilities quite Achievement of Audit Committee Key
effectively in terms of the achievement of the Key Performance Performance Indicators
Indicator (KPI) of each committee.
Indicators or criteria for the performance of the Audit Committee
The performance assessment based on the achievement of Key (KA) were measured from the achievement of the work program/
Performance Indicators (KPI) for each committee under the work plan and budget that had been prepared at the beginning of
Board of Commissioners is evaluated through three assessment each year and the attendance level of Audit Committee Members
perspectives as follows: in each meeting.
1. Learning & Growth Perspective.
This perspective focuses on the achievement and The Audit Committee work program was structured to support
development of human resources within the organization, the main success factors (Key Success Factors) in carrying out the
including training, skill enhancement, and competency duties of the Board of Commissioners in carrying out the process
development for Committee members. The objective of of reviewing financial reports, results of internal and external
this perspective is to strengthen internal capabilities that audits (KAP), and providing recommendations on the selection
support the achievement of the Committee’s work program of KAP.
goals. Competency development within the Committee
serves as a key element to ensure the effective execution In general, all Audit Committee KPIs had been achieved with the
of the supervisory function carried out by the Board of implementation of the 2024 Audit Committee Work Plan and
Commissioners. Budget (RKA) according to the set targets and the attendance
2. Internal Process Perspective. level of Audit Committee members who met the requirements so
This perspective evaluates the efficiency and effectiveness of that Audit Committee meetings could be held with a quorum in
internal processes carried out by the Committee, with a focus every decision making.
on ensuring that all processes are conducted in compliance
554 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Achievement Final
Weight (%) Target Realization
(%) score
2,50 Rp56,16 T Rp60,43 T 107,6 2,69
2,50 Rp1.911,7 T Rp1.965,0 T 102,8 2,57
2,50 2,73% 2,95% 91,9 2,30
2,50 24,72% 25,24% 112,8 2,82
10,00 10,38
100 100,38
Valuation Assessment Output/ Target
No. Indicator Target Weight Mark
Perspective Aspects Achievement
1 Learning Committee The composition of the Composition of Audit Committee The composition 5 5
& Growth Organization Committee Members (AC) members in accordance of AC members in
Perspective according to the provisions. with OJK Regulations, Ministry 2024 complies with
of SOEs Regulations, and other OJK regulations and
regulatory requirements Ministry of SOEs
regulations
The Committee Charter has Review of Audit Committee The Audit Committee 5 5
been updated according to Charter Charter has
the provisions. been reviewed in
accordance with
regulations
Competence Committee members had AC members possess AC members have 5 5
Member competence according to competencies including: expertise in finance
Committee the provisions 1. Knowledge in finance and/or and/or accounting,
accounting law, economics, audit,
2. Minimum of 5 years of and banking
experience in finance and/or
accounting
The term of office of AC members’ tenure should not The tenure of AC 5 5
committee members was exceed the term of the Board members does
in accordance with the of Commissioners as per the not exceed that
provisions Articles of Association and can of the Board of
be reappointed for only one Commissioners
additional term
Planning Approval of the AC Work Plan must be approved The AC Work Plan for 10 10
Committee’s Work Plan before the start of the financial 2025 was approved on
on time year December 31, 2024
Implementation Committee meetings are Monthly meetings (12 times per 20 AC meetings were 5 5
held in accordance with year) held in 2024
the provisions and plans
prepared.
Evaluation and approval of Carried out periodically every Written 5 5
the Board of Directors on year recommendations
the Annual Audit Plan (PAT) were provided on
February 13, 2024,
with an addendum on
October 14, 2024
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Corporate
Governance
Valuation Assessment Output/ Target
No. Indicator Target Weight Mark
Perspective Aspects Achievement
Providing recommendations Carried out periodically every AC recommendations 5 5
regarding the proposed year for the appointment
appointment of a Public of a Public
Accountant and Public Accountant for the
Accounting Firm. 2024 fiscal year audit
were submitted on
February 27, 2024
Carrying out other Compliance with duties and Duties were 5 5
assignments according to directives from the Board of performed in
the direction of the Board of Commissioners accordance with
Commissioners. applicable regulations
2 Internal Supervision Review of reports on the Carried out periodically every Written 5 5
Process results of internal audit quarter recommendations
Perspective implementation and follow- were submitted
up on findings carried out in to the Board of
accordance with regulations. Commissioners every
quarter
The review of financial Audit Committee discussions Audit Committee 10 10
statements is carried out with the Board of Commissioners discussions with
in accordance with the and Internal Audit (SKAI), the Board of
provisions and on time. documented in meeting minutes Commissioners
(two meetings with the Public and SKAI were
Accounting Firm and two documented as
meetings with SKAI) required
Review of the management Carried out periodically every The Audit Committee 5 5
of the Whistleblowing year reviewed the
System. effectiveness of
BRI’s Whistleblowing
System in 2024
Reviewing the general Carried out periodically every The Audit Committee 5 5
audit implementation of year completed the review
BRI Financial Institution the BRI’s Pension
Pension Fund’s financial and Fund Financial
performance reports. Statements for the
2023 fiscal year in
June 2024
Management Letter follow- Carried out periodically every The Audit Committee 10 10
up review and follow-up on year reviewed the follow-
audit findings conducted by up monitoring
external parties of external
auditor findings
(management letter)
in 2024
Review of Reports of fraud Carried out periodically every The Audit Committee 5 5
incidents that are expected year conducted reviews
to have a Significant Impact. of significant fraud
incidents throughout
2024
3 Compliance Implementation The Public Accountant's are fairly presented in all The Public 10 10
Perspective activity opinion is fair in all material material respects Accounting Firm’s
corporation respects audit opinion on BRI’s
according to financial statements
GCG states that they are
fairly presented in all
material respects
Total 100 100
Achievements of Key Performance Indicators of The Nomination and Remuneration Committee
The performance indicators or criteria for the Nomination and Remuneration Committee are measured by the achievement of the work
program/work plan that has been prepared at the beginning of each year and the level of attendance of Nomination and Remuneration
Committee members at each meeting. The Nomination and Remuneration Committee work program is prepared to support the main
success factors (Key Success Factors) in carrying out the duties of the Board of Commissioners in carrying out the nomination process
for company and subsidiary management, evaluating worker and employment remuneration policies, and remuneration for Directors and
Board of Commissioners.
556 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
In general, all Nomination and Remuneration Committee KPIs have been achieved by implementing all 2024 Work Plans and Nomination
and Remuneration Committee according to the targets set and the level of attendance of Nomination and Remuneration Committee
members that meets the provisions so that Nomination and Remuneration Committee meetings can be held with a quorum in every
decision making.
The achievements of the indicators or performance of the Nomination and Remuneration Committee are as follows:
Valuation Assessment
No. Indicator Target Output/ Target Achievement Weight Mark
Perspective Aspects
1 Learning Committee The composition of The composition The composition of KNR members 5 5
& Growth Organization committee members of KNR members was documented in the Board
Perspective is in accordance with complies with of Commissioners' Decree and
provisions regulatory and complied with POJK & Ministry of
Ministry of SOEs SOEs regulations
provisions
Competency Committee members All KNR members All KNR members of the Board of 5 5
of Committee have competence in pass the OJK Fit & Commissioners passed the OJK
Members accordance with the Proper Test and/ Fit & Proper Test and attended
provisions or undergo training training
throughout 2024
The term of office of The SK (Decree) The KNR Work Plan for 2025 was 5 5
committee members is of Committee approved on December 31, 2024
in accordance with the Members is
provisions updated as per
regulations, and
tenure aligns with
POJK and Ministry
of SOEs provisions
2 Internal Planning Approval of the The KNR Work Plan Rencana Kerja KNR Tahun 10 10
Process Committee’s Work Plan is approved before 2025 disahkan pada tanggal 31
Perspective on time the start of the Desember 2024
financial year
Implementation Committee meetings As per regulations, In 2024, 25 KNR meetings were 10 10
are held in accordance committee conducted
with the provisions and meetings are held
plans prepared at least once every
four months
Nomination of BRI At least once a year The nomination of BRI executives 10 10
management was conducted as per meeting
details
Nomination of Tentative, based on The Nomination and Remuneration 10 10
subsidiary management Board of Directors’ Committee conducted nominations
proposals for subsidiary executives as per
meeting details
Review and prepare Conducted KNR provided recommendations 10 10
recommendations for periodically once on the remuneration proposal for
the Remuneration a year company executives
Structure of the Board
of Directors and Board
of Commissioners
Reviewing/ Discussing Conducted KNR discussed the remuneration 10 10
the Remuneration periodically once of company executives as per
of Directors and a year meeting details
Commissioners
Supervision Periodic review/ Conducted KNR discussed the Human Capital 10 10
discussion of periodically once Policy on October 14, 2024,
Employment Policy and a year and the remuneration of the
Employee remuneration Board of Directors and Board of
Commissioners on February 13,
2024
PT Bank Rakyat Indonesia (Persero) Tbk 557
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Corporate
Governance
Valuation Assessment
No. Indicator Target Output/ Target Achievement Weight Mark
Perspective Aspects
3 Compliance Supervision Evaluation of the Conducted A meeting was held to evaluate 5 5
Perspective Implementation performance of the periodically once the Board of Directors of PT Bank
of corporate Board of Directors a year Rakyat Indonesia (Persero) Tbk on
activities in February 20, 2024
accordance with
GCG Implementation Conducted semi- The self-assessment of GCG at the 5 5
of the Board of annually Board of Commissioners resulted
Commissioners’ GCG in a composite rating of 2
selfassessment
Evaluation of the Conducted The performance evaluation 5 5
performance of the periodically once of Board of Commissioners’
Board of Commissioners a year Committees and the evaluation
of Committee Members were
conducted at the end of the year
and presented in BRI’s Annual
Report
Total 100 100
Achievement of Key Performance Indicators for the Risk Monitoring Committee
The performance indicators or criteria for the Risk Management Monitoring Committee (KPMR) are measured by the achievement of the
work program/work plan has been prepared at the beginning of each year and the level of attendance of KPMR members at each meeting.
The KPMR work program is prepared to support the main success factors (Key Success Factors) in implementing the duties of the Board
of Commissioners in monitoring the implementation of risk management for the company and its subsidiaries.
In general, all KPMR KPIs have been achieved by implementing all KPMR Work Plans for 2024 according to the targets set and the level
of attendance of KPMR members that meets the provisions so that KPMR meetings can be held with a quorum in every decision making.
The achievement of KPMR indicators or performance is as follows:
Valuation Assessment Output/ Target
No. Indicator Target Weight Mark
Perspective Aspects Achievement
1 Learning & Growth Organization Composition The composition The appointment of the 5 5
Perspective Committee of committee of KPMR members KPMR Chair and Members
members according complies with at BRI was completed, and
to conditions applicable regulations the composition complied
with applicable regulations.
Competence Committee KPMR members All KPMR members 5 5
Committee members had from the Board of from the Board of
Member appropriate Commissioners have Commissioners and
competence passed the OJK Fit & Independent Parties passed
provision Proper Test and/or the OJK Fit & Proper Test
undergone training in and/or attended training
2024 in 2024.
Committee The SK (Decree) of The appointment of the 5 5
members have Committee Members KPMR Chair and Members
competence in is updated as per at BRI and the composition
accordance with regulations, and tenure complied with applicable
the provisions aligns with applicable regulations
provisions
2 Internal Process Planning Approval of the The KPMR Work Plan The KPMR Work Plan for 10 10
Perspective Committee’s Work is approved before the 2025 was approved on
Plan on time start of the financial December 31, 2024.
year
Implementation Committee Minimum of four In 2024, 42 KPMR 5 5
meeting held in meetings per year meetings were conducted.
accordance with Additionally, KPMR
the provisions and actively participated in
plans drawn up meetings with the Board of
Commissioners.
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2024 Annual Report
Valuation Assessment Output/ Target
No. Indicator Target Weight Mark
Perspective Aspects Achievement
Evaluation of loan All loan disbursement In 2024, KPMR conducted 5 5
facility above a packages above a seven loan consultation
certain amount specified amount reviews.
that requires are evaluated as per
consultation regulations
with the Council
Commissioner
Evaluation of All fund provisions In 2024, KPMR conducted 5 5
provision related to related parties four reviews of fund
party funds are evaluated as per provisions for related
regulations parties.
Approval of Approval of corporate In 2024, KPMR conducted 10 10
corporate actions actions and/or Board six reviews of corporate
and/or actions of Directors' actions action plans and/
of the Board requiring Board of or Board of Directors'
of Directors Commissioners' actions requiring Board of
that require approval as per Commissioners' approval.
the approval regulations
of the Board of
Commissioners in
accordance with
the provisions
Supervision Adequacy reviews Annually In 2024, KPMR reviewed 5 5
public policy risk the KUMR, Risk Appetite
management and Statement (RAS),
Recovery Plan Resolution Plan, and
Recovery Plan.
Review Risk Annually In 2024, KPMR conducted 10 10
Appetite Statement a review of the Risk
(RAS), Resolution Appetite Statement (RAS),
Plan, and Recovery Resolution Plan, and
Plan. Recovery Plan.
Review the Every semester In 2024, KPMR conducted 5 5
implementation periodic risk control
of risk control reviews.
periodically
Review of the Every semester In 2024, KPMR reviewed 5 5
implementation the implementation of the
of the Anti-Money Anti-Money Laundering,
Laundering, Counter-Terrorism
Counter-Terrorism Financing, and Prevention
Financing, and of Proliferation of Weapons
Prevention of of Mass Destruction
Financing of (AML, CTF, and PPWMD)
Proliferation of programs.
Weapons Of Mass
Destruction (AML,
CFT, and PFWMD)
Program
Evaluate and Every semester In 2024, KPMR evaluated 5 5
analyze the and analyzed the
implementation implementation of
of the Company's corporate fraud risk
fraud risk control control.
3 Compliance Implementation Evaluation of the Every quarter In 2024, KPMR conducted 10 10
Perspective of the supervisory Company's risk a corporate risk profile
function on Risk profile evaluation every quarter.
Management
Periodic evaluation Every semester In 2024, KPMR conducted 10 10
of Bank Health periodic evaluations of the
Level according to Bank’s Soundness Level as
provisions per regulations.
Total 100 100
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Corporate
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Achievement of Key Performance Indicators for the Integrated Governance Committee
Valuation Output/ Target
No. Assessment Aspects Indicator Target Weight Mark
Perspective Achievement
1 Learning Strengthening Integrated Strengthening Coordination In 2024, a meeting has been 10 10
& Growth Governance the meetings were held with business units
Perspective Implementation held with relevant related to the Maturity Level
of Integrated business units on and Capital Investment of BRI
Governance Maturity Level and Group.
Capital Investment
of BRI Group
throughout 2024.
Adjustment of At least once The KTKT Charter/Work 5 5
KTKT Charter/ Guidelines were adjusted in
Work Guidelines 2024.
in accordance
with regulations
Competency Competency At least once Competency enhancement was 5 5
Development Enhancement conducted as planned.
for KTKT
Members
2 Internal Planning & Evaluation Timely Approval The KTKT Work Plan The KTKT Work Plan for 2025 10 10
Process of Committee is approved before was approved on December
Perspective Work Plan the start of the 31, 2024.
financial year.
Implementation Committee At least twice In 2024, 21 KTKT meetings 10 10
Meetings are were held, providing
onducted as recommendations for the
per regulations evaluation of Integrated
and planned Governance Implementation
schedules (Integrated Risk Management,
Integrated Compliance, and
Integrated Internal Control).
Other Meetings As per the directives In 2024, KTKT attended 10 10
Related to KTKT of the Board of meetings related to BRI Group
Duties Commissioners as directed by the Board of
Commissioners, including Exit
Meetings with KA & SKAI and
the Integrated RMC.
3 Compliance Compliance with Composition Tenure aligns Changes in KTKT membership 5 5
Perspective applicable provisions and Adjustment with regulatory were documented through
of Financial changes as stated in the Board of Commissioners’
Conglomeration Committee Member Decrees:
Committee Decrees. 1. Nokep: 11-KOM/
Members BRI/10/2023 dated October
3, 2023
2. Nokep: 03a-KOM/
BRI/03/2024 dated March
19, 2024
3. Nokep: 12-KOM/
BRI/03/2023 dated
September 7, 2024
4. Nokep: 15-KOM/
BRI/11/2024 dated
November 11, 2024.
Submission of Self-Assessment In 2024, KTKT submitted the 10 10
TKT Assessment conducted every Self-Assessment reports on:
Results semester (deadline: a. January 10, 2024
February 15 and b. July 9, 2024.
August 15)
560 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Valuation Output/ Target
No. Assessment Aspects Indicator Target Weight Mark
Perspective Achievement
Annual Evaluation of TKT In 2024, KTKT submitted 10 10
Reporting Implementation the 2023 Integrated
on TKT (deadline: May). Governance Implementation
Implementation Evaluation through Board of
Commissioners’ Letter No.
B.60-KOM/05/2024 on May
31, 2024.
Review of the Every semester In 2024, KTKT reviewed 10 10
Adequacy of the Annual Report on the
Integrated adequacy assessment of
Internal Control Integrated Internal Control and
and Compliance Compliance Functions as per
Functions applicable regulations.
Periodic Every semester In 2024, KTKT conducted 10 10
Evaluation of periodic evaluations of the
Integrated Risk implementation of Integrated
Management Risk Management as per
Implementation applicable regulations.
Submission In accordance In 2024, KTKT ensured the 5 5
of Mandatory with applicable timely submission of reports as
Reports in a regulations per applicable regulations
Timely Manner
Total 100 100
Mechanism of Termination and Return of The Nomination and Remuneration of The
Board of Commissioners Board of Commissioners and Directors
The terms of office of the Board of Commissioners shall end if: Nomination Procedures of the Board of
1. Passed away. Commissioners and Directors
2. End of tenure.
3. Dismissed pursuant to the GMS. To implement sound business practices and fulfilling the GCG
4. Declared bankrupt by Commercial Court decision with principles as well as the prudential principle within PT Bank
permanent legal force or put under remission based on court Rakyat Indonesia (Persero) Tbk, the Board of Commissioners has
decision. stipulated the Nomination policy of members of the Board of
5. No longer qualified as member of the Board of Commissioners Commissioners and Directors with a Decree of NOKEP: 07-KOM/
based on the Company’s Articles of Associations and other BRI/07/2015 dated July 28, 2015. In general, the Succession
laws and regulations (including but not limited on prohibited Policies of the Board of Commissioners and Directors are as
concurrent position). follows:
1. The Board of Commissioners is authorized to nominate
According to the Articles of Association, member of Board of candidates for members of the Board of Directors and/or the
Commissioners has the right to resign from his position by written Board of Commissioners of the Bank.
notification to BRI ad BRI must convene the GMS to decide the 2. For prospective members of the Board of Directors, the
proposed resignation of respective Board of Commissioners nomination process is through internal candidates of the
member at the latest 90 (ninety days) days after the acceptance Bank, i.e:
of resignation letter. a. Members of the Board of Directors who will end their
tenures but may still be reappointed as members of the
Members of the Board of Commissioners can be dismissed by the Board of Directors;
GMS based on other reasons deemed appropriate by the GMS for b. Executives reporting directly to the Directors or
the interests and objectives of the Company. 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.
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4. For prospective members of the Board of Directors and/or 7. The Chairman of the Committee or Independent
Board of Commissioners with the exclusion of Executives Commissioner who represents the Committee shall avoid any
under the Board of Directors, and Subsidiaries’ Board of conflict of interest and shall maintain its independence.
Directors, the Nomination process shall be conducted jointly
by a Team established by the Dwiwarna Series A Shareholder In the selection process for candidates for the Board of
while simultaneously determining the prospective members Commissioners and Board of Directors, BRI maintains a list of
of the Board of Directors and/or Board of Commissioners, BRILiaN Top Talent comprising individuals from the BoD-1 level
which will be proposed to the General Meeting of who have demonstrated outstanding performance and significant
Shareholders. potential within the company and are aligned with the company’s
5. In the Nomination process, the Chairman of the Committee future strategic direction. The talent pool is then identified based
shall represent the Committee, and if the Chairman of the on pre-determined criteria to ensure that the selected individuals
Committee is absent, then it shall be replaced by one of the possess the necessary qualifications and are prepared to lead BRI
Committee members who are an Independent Commissioner. Group toward greater achievements. Subsequently, the identified
6. This decision also mandates the Chairman of the Committee candidates undergo validation by the Board of Commissioners,
or Independent Commissioner to: who assess their performance and capacity based on their track
a. Represent the Committee as a member of the Assessment record. Following this validation, the nominated talents are
Team established by the Dwiwarna Series A Shareholder. presented to the Series A Dwiwarna Shareholder and/or the
b. Provide recommendations on candidates for members Cluster Talent Committee for further validation and calibration
of the Board of Directors and/ or Commissioners by within the cluster framework.
taking into account the fulfilment of the applicant’s
requirements for the integrity, competence, and
reputation.
The procedures for the nomination of candidates for the Board of Commissioners and the Board of Directors are as follows.
1. The Nomination and 7. Ministry of State-Owned
6. Committee The Board of
Remuneration Committee (NRC), Enterprises nominates the
Commissioners submits the final
through a letter from the Board candidates at the GMS
list of candidates to the Series
of Commissioners, requests the through the Series A Dwiwarna
A Dwiwarna Shareholder and/or
Board of Directors to provide Shareholder’s representative
Cluster Talent Committee
BRI’s Top Talent List
8. Approval of the Management
5. The Board of Commissioners
2. The Board of Directors submits Candidates in the GMS
holds a meeting to finalize the
the Top Talent List based on BRI’s
management candidates to
Top Talent Management System,
be proposed to the Series A
which includes assessments 9. Fit and Proper Test for the
Dwiwarna Shareholder and/or
conducted by an independent appointed management
Cluster Talent Committee
institution and the results of the
BRI Talent Committee meeting
10. Determination of effective date
4. Based on the selection process
3. NRC conducts administrative as Company Management
and meeting results, NRC
screening and selection/
submits recommendations for
interviews for the proposed
the prospective management
candidates
candidates to the Board of
Commissioners
562 PT Bank Rakyat Indonesia (Persero) Tbk
Page 565
2024 Annual Report
The procedure for selecting Prospective members of the Board of 6. The results of information extraction regarding prospective
Commissioners and/or Board of Directors is regulated as follows: candidates for members of the Board of Commissioners and/
1. The Nomination and Remuneration Committee through the or Directors are discussed in a Committee meeting to decide
board of commissioners, requests a list of BRI’s Top Talents which Candidates will be elected as Candidates for members
that meet the criteria to be proposed as a candidate for BRI of the Board of Commissioners and/or Directors.
management. 7. The results of the Committee discussions are written in the
2. The Board of Directors submits a list of BRI’s Top Talents Committee’s Service Note to the Board of Commissioners.
based on BRI’s Talent management system data, the results The official note is a committee recommendation document
of assessments by independent institutions and the results of on the nomination of a candidate for the member of the Board
BRI Human Capital Committee meetings. of Commissioners and/or Board of Directors concerned.
3. Based on the list submitted by the Board of Directors, 8. The Board of Commissioners decides on prospective members
the NRC selects Candidates who meet the specified of the Board of Commissioners and/or Directors in a Board
qualifications. For prospective candidates for members of of Commissioners meeting which also serves as the basis for
the Board of Directors Officers one level below the Board of recommendations by the Board of Commissioners to Series A
Directors or officers with special achievements and Directors Dwiwarna Shareholders and/or Cluster Talent Committee for
of subsidiaries or joint ventures, the committee may request further submission at the GMS.
proposals for Candidates from the Board of Directors of 9. GMS Determine the composition and changes of members
the Bank, which must first be assessed by a professional of the BRI Board of Directors, in the event that the appointed
institution with competency indicators in accordance with member of the Board of Directors has not been approved by
applicable regulations. the OJK, the appointment will not be effective until the person
4. Candidates for members of the Board of Commissioners and/ concerned is approved by the OJK. Prospective members of the
or Directors who are deemed appropriate are subsequently Board of Directors of BRI who have not received OJK approval,
proposed by the NRC to the Board of Commissioners to are prohibited from carrying out duties as members of the Board
participate in the evaluation process. of Directors in the Bank’s operational activities and/or other
5. The NRC conducts an evaluation process to obtain activities that have significant influence on the Bank’s financial
comprehensive information regarding the qualifications and policies and condition, even though they have been approved
competencies of a Candidate, as follows: and appointed\by the GMS. The GMS also dismisses the Board
a. For prospective candidates for members of the Board of of Directors who were elected at the previous GMS, if the person
Directors who are members of the Board of Directors who concerned is not approved by the OJK.
are still in office who will end their term of office but can 10. BRI submits an application to the OJK to carry out a fit and
still be reappointed, the evaluation is carried out, among proper test process.
others, by asking for the opinion of the President Director. 11. OJK is authorized to provide the result of the fit and proper
b. The Nomination and Remuneration Committee selects test of the selected Directors, which includes administrative
prospective members of the Board of Directors who research and interview. Approval or rejection of such
meet the specified qualifications. The Nomination and application shall be provided by OJK no later than 30 (thirty)
Remuneration Committee allow to use third independent days after receipt of the candidate’s complete application.
parties that handle professional assessment to identify
potential candidates to meet desired profiles Remuneration Policy for The Board of
c. For prospective members of the Board of Directors Commissioners and Board of Directors
who come from officials one level below the Board of
Directors or officials who have special achievements, The Remuneration Policy for the Board of Commissioners
or who come from the Directors of a subsidiary/joint and Directors is formulated under the Financial Services
venture, Evaluation can be carried out by means: Authority Regulation (POJK) Number 45/POJK.03/2015 and
1) Conducting interviews/interviews with the OJK Circular Letter Number 40/SEOJK.03/2016 concerning
recommended candidate for the Board of Directors; the Implementation of Governance in the Provision of
and/or, Remuneration for Commercial Banks, OJK Regulation Number
2) Requesting Candidates for members of the Board 18/POJK.03/2016 concerning the Implementation of Risk
of Directors to give presentations on certain topics, Management for Commercial Banks, OJK Regulation Number
which illustrate the abilities of the Candidates in 17 of 2023 concerning the Implementation of Governance for
accordance with the requirements. Commercial Banks, and the Regulation of the Minister of State-
d. For prospective candidates for members of the Board Owned Enterprises No. PER-3/MBU/03/2023 concerning the
of Commissioners, an evaluation to explore the Organs and Human Resources of State-Owned Enterprises.
qualifications and competencies is carried out from the
curriculum vitae of the person concerned.
PT Bank Rakyat Indonesia (Persero) Tbk 563
Page 566
Corporate
Governance
The remuneration for the Board of Commissioners and Directors Variable remuneration can be awarded based on performance
is divided into two main categories: fixed remuneration and achievements, as follows:
variable remuneration. This is determined by considering the 1. Short Term Incentives (STI) are provided to the Board
complexity and scale of the business, performance achievements, of Commissioners and Directors under the resolution of
the company’s financial capacity, and its long-term goals, as the General Meeting of Shareholders (GMS) during the
part of the implementation of prudence principles based on approval of the annual report. STI is granted as a form of
performance and risk. The remuneration policy is established encouragement to achieve optimal annual performance. The
based on the predetermined eligibility criteria set at the outset amount of STI is determined by considering the achievement
as a foundation for allocation. The performance achievements of of annual performance results in line with the collegial
the Board of Commissioners and Directors, whether collegially Key Performance Indicators (KPIs) and the company’s
and/or individually, are key factors influencing the amount of short-term goals. A portion of the STI paid to the Board of
compensation and incentives received. Commissioners and Board of Directors is deferred for three
(3) years with a percentage of 20%, in accordance with the
Fixed Remuneration mechanism determined by the GMS or the Series A Dwiwarna
The components of fixed remuneration include salary/ Shareholder as the recipient of the GMS delegation
honorarium, allowances, facilities, and other fixed elements 2. Long Term Incentives (LTI) are provided to the Board of
provided to all members of the Board of Commissioners and Commissioners and Directors under the resolution of
Directors under their duties, authority, and responsibilities the General Meeting of Shareholders (GMS) during the
approval of the annual report. The purpose of providing LTI
Variable Remuneration is to promote sustainable growth and ensure continuous
In providing variable remuneration, the Company adheres to risk management. The amount of LTI is determined by
prudent risk-taking, ensuring that performance measurement considering the achievement of additional KPIs that target
methods are linked to risk. The components of variable long-term objectives agreed upon for a specific period with
remuneration include bonuses, and tantiem/performance GMS approval or the Series A Dwiwarna Shareholder as
incentives, which may be cash or shares. the recipient of the GMS delegation. This remuneration is
granted to support the achievement of the company’s long-
term vision, mission, and strategy. The provision of LTI is
governed by specific regulations, including the performance
period (vesting period) and a certain holding period, after
which the incentives are awarded based on the results of
long-term performance achievements.
Performance
Basis for Period/ Performance
Eligibility Award Vehicle Final Award Holding Period
Determination Performance Metrics
Measurement
The letter from • The Board of • Non- Annually (January • Total The final award is calculated • LTI that is
the Minister of Directors and independent – December) for Shareholder using the formula: vested after the
State-Owned the Board of members of 3 years Return (TSR) Final award = Initial Award x performance
Enterprises Commissioners the Board of • Return On Achievement Factor period (the
regarding the are entitled to Directors and Equity (ROE) fourth year) will
Determination LTI starting from the Board of • Non Notes: be subject to a
of the Income the date of their Commissioners Performing • Final award is the total holding period
of the Board of appointment in are granted Loan (NPL) amount of LTI, in the of 2 (two) years
Directors and the GMS. LTI in the form Ratio form of company shares for the members
the Board of • The Board of of company or cash, granted to the of the Board of
Commissioners Directors and shares based members of the Board of Directors and
of PT Bank the Board of on the Directors and the Board of Non-Independent
Rakyat Indonesia Commissioners achievement of Commissioners based on Commissioners
(Persero) Tbk. working in the company’s the overall performance who hold office
areas under the performance achievement of state- • The holding
supervision of the targets. owned enterprises, as period does
OJK must obtain • Independent agreed during a specific not apply to
approval for the Commissioners period with the Minister. Independent
assessment of are granted LTI • Initial award is the amount Commissioners
competence and in the form of of LTI allocation (in the and is not
suitability from deferred cash form of company shares applicable to
the OJK and are based on the or cash) determined at members of
retroactively achievement of the beginning of each the Board of
entitled to LTI the company’s LTI period to be given Directors and
from the date of performance to the members of the Non-Independent
their appointment targets. Board of Directors and the Commissioners
in the GMS). Board of Commissioners, whose term of
considering their positions. office has ended.
564 PT Bank Rakyat Indonesia (Persero) Tbk
Page 567
2024 Annual Report
Performance
Basis for Period/ Performance
Eligibility Award Vehicle Final Award Holding Period
Determination Performance Metrics
Measurement
• Achievement factor is
the total percentage of
performance achievement
across all performance
targets (0 – 100%).
• If the final award
calculation for members
of the Board of Directors
and Non-Independent
Commissioners results
in a non-round number
of shares during vesting,
the final award can be
adjusted, and the number
of shares will be rounded
down.
Variable remuneration is provided in the form of shares for The clawback of Tantiem payments already disbursed is applied
members of the Board of Directors and Non-Independent under the following conditions:
Commissioners, while Independent Commissioners receive it 1. There is legal evidence of abuse of position and/or authority
in cash. In certain specific circumstances, the Company may and/or criminal acts committed by the recipient of the
defer the payment of deferred variable remuneration (malus) Tantiem, resulting in losses for the Company.
or reclaim variable remuneration already paid (clawback) from 2. Restatement of the Company’s financial statements that
individuals designated as Material Risk Takers (MRT). served as the basis for determining the Tantiem allocation.
3. The risk rating in the last quarter before the execution of the
The adjustment of deferred Tantiem payments (malus) is applied Tantiem is at Level 4 (Moderate to High) or worse.
under the following conditions: 4. The Annual General Meeting of Shareholders (GMS) decides
1. There is legal evidence of abuse of position and/or authority to reject the accountability of the Board of Directors and/or
and/or criminal acts committed by the recipient of the the Board of Commissioners for the Company’s performance
deferred Tantiem, resulting in losses for the Company. in the financial year determined in the Annual GMS.
2. Restatement of the Company’s financial statements that 5. Other considerations deemed important by the GMS.
served as the basis for determining the Tantiem allocation.
3. The risk rating in the last quarter before the execution of the With a structured remuneration framework, BRI is committed
deferred Tantiem is at Level 4 (Moderate to High) or worse. to providing fair and competitive compensation that not only
4. Profit and dividend commitments, as outlined in the rewards short-term performance achievements but also supports
Company’s Long-Term Plan (RJPP)/Corporate Plan for the the company’s long-term sustainability goals. This policy also
relevant period, are not achieved. prioritizes good governance principles with a transparent
5. The Annual General Meeting of Shareholders (GMS) decides oversight system, ensuring that all parties meet the eligibility
to reject the accountability of the Board of Directors and/or requirements and adhere to the rules that are clearly and
the Board of Commissioners for the Company’s performance consistently defined.
in the financial year determined in the Annual GMS.
6. Other considerations deemed important by the GMS. The policy related to remuneration in more detail will be
explained in the subheading Implementation of Governance
in the Provision of Remuneration for Commercial Banks under
OJK Regulation 45/POJK.03/2015 and Long-Term Performance-
Based Compensation Policy in this Annual Report.
PT Bank Rakyat Indonesia (Persero) Tbk 565
Page 568
Corporate
Governance
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 the quorum requirement of more than
50% shareholder attendance and approval by more than 50% of the attended 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 Steps
Nomination Committee
Board of Commissioners Agreement GMS
and Remuneration
Develop the structure and Preparing the Determine the structure and
amount of remuneration structure and amount amount of remuneration
Agree
for members of the Board of remuneration for with the requirement for
of Commissioners and members of the Board of a quorum of shareholder
Directors Commissioners and Board attendance of more than
of Directors 50% and
Disagree
approval by more than 50%
of shareholders present
The Board of The Board of
Commissioners and Commissioners and
Directors will use the Directors will use the
same remuneration as the same remuneration as the
previous financial year previous financial year
Preparation Stage Investigation Stage Approval Stage Determination 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 things,
including the results of benchmarking remuneration with similar industries (peer groups) both 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.
566 PT Bank Rakyat Indonesia (Persero) Tbk
Page 569
2024 Annual Report
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 Director’s salary President Director’s salary
• Members of the Board of Commissioners: 90% of • Other Directors: 85% of the President
the President Commissioner’s salary Director’s salary
2 Allowance
Religious Holidays Allowance Equivalent to one month’s honorarium Equivalent to one month’s salary
Housing Allowance Not provided IDR 27.5 million per month, including utility
costs. Not provided for Directors occupying
official residences.
Transportation Allowance 20% of the honorarium Not provided
Post-Employment Insurance Maximum premium of 25% of the annual honorarium Maximum premium of 25% of the annual
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
- 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 work Provided in the form of uniforms, suits, and/
attire, including accessories and traditional wear or work attire, including accessories and
(batik/tenun/national attire) within the annual budget traditional wear (batik/tenun/national attire)
limit set by the Board of Directors' Decision. within the annual 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
expenses as per the company’s internal policies. medical expenses as per the company’s
internal policies
Legal Aid Facilities Legal assistance is provided to members of the Board Legal assistance is provided to members
of Commissioners in cases involving actions performed of the Board of Directors in cases involving
on behalf of their position related to the company’s actions performed on behalf of their position
objectives and business activities. related to the company’s objectives and
business activities.
PT Bank Rakyat Indonesia (Persero) Tbk 567
Page 570
Corporate
Governance
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-
Tantiem Medical Transport Service
No. Name Honorarium THRK Total
(Nett) Benefits Allowance Insurance
Premiums
1 Kartika Wirjoatmodjo √ √ √ √ √ √ √
2 Rofikoh Rokhim √ √ √ √ √ √ √
3 Rabin Indrajad Hattari √ √ √ √ √ √ √
4 Dwi Ria Latifa √ √ √ √ √ √ √
5 Hendrikus Ivo 1
√ - √ √ √ - √
6 Heri Sunaryadi √ √ √ √ √ - √
7 Paripurna Poerwoko √ √ √ √ √ √ √
Sugarda
8 Agus Riswanto √ √ √ √ √ √ √
9 Nurmaria Sarosa √ √ √ √ √ √ √
10 Awan Nurmawan Nuh √ √ √ √ √ √ √
11 Haryo Baskoro Wicaksono 2
√ √ - √ √ √ √
Total Amount (IDR) 23,949,300,000 1,851,750,000 205,388,871,756 3,466,017,661 4,789,860,000 2,864,179,875 238,843,961,536
Description:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
Nominal Amount/Component of Remuneration for Each Director
Post-Service
Medical Allowance
No. Name Honorarium THRK Tantiem (Nett) Insurance Total
Benefits Housing
Premiums
1 Sunarso √ √ √ √ √ √ √
Catur Budi
2 √ √ √ √ √ √ √
Harto
3 Supari √ √ √ √ √ √ √
Amam
4 √ √ √ √ √ √ √
Sukriyanto
5 Handayani √ √ √ √ √ √ √
Agus
6 √ √ √ √ √ √ √
Winardono
Viviana Dyah
7 √ √ √ √ √ √ √
Ayu R.K.
8 Andrijanto √ √ √ √ √ √ √
Agus
9 √ √ √ √ √ √ √
Sudiarto
Agus
10 √ √ √ √ √ √ √
Noorsanto
Arga M.
11 √ √ √ √ √ √ √
Nugraha
Ahmad
12 Solichin √ √ √ √ √ √ √
Lutfiyanto
Total Amount 60,528,000,000 4,709,750,000 3,350,701,483 529,453,073,372 3,657,500,000 9,115,180,000 610,814,204,855
568 PT Bank Rakyat Indonesia (Persero) Tbk
Page 571
2024 Annual Report
Long Term Incentive (LTI)
The members of the Board of Commissioners and the Board of Directors who are eligible to receive LTI based on the performance
achievements for the fiscal year 2024 are as follows
Board of Commissioners Board of Directors
No. Name Eligibility No. Name Eligibility
1 Kartika Wirjoatmodjo √ 1 Sunarso √
2 Rofikoh Rokhim √ 2 Catur Budi Harto √
3 Rabin Indrajad Hattari √ 3 Supari √
4 Dwi Ria Latifa √ 4 Amam Sukriyanto √
5 Hendrikus Ivo 1 √ 5 Handayani √
6 Heri Sunaryadi √ 6 Agus Winardono √
7 Paripurna Poerwoko Sugarda √ 7 Viviana Dyah Ayu R.K. √
8 Agus Riswanto √ 8 Andrijanto √
9 Nurmaria Sarosa √ 9 Agus Sudiarto √
10 Awan Nurmawan Nuh √ 10 Agus Noorsanto √
11 Haryo Baskoro Wicaksono 2 √ 11 Arga M. Nugraha √
12 Ahmad Solichin Lutfiyanto √
Information:
1
Hendrikus Ivo resigned from his position on March 1, 2024
2
Haryo Baskoro Wicaksono took office on March 1, 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 in other banks and
companies, domiciled at home and abroad. The Board of Commissioners’ share ownership is as follows.
Board of Directors Share Ownership
Share Ownership (%)
Name Position Non-Bank
BRI Others Bank Financial Others Company
Institutions
Sunarso President Director 5.658.656 (0,00373%) Nil Nil Nil
Catur Budi Harto Vice President Director 4.045.557 (0,00267%) Nil Nil Nil
Viviana Dyah Ayu R.K. Director of Finance 3.819.500 (0,00252%) Nil Nil Nil
PT Bank Rakyat Indonesia (Persero) Tbk 569
Page 572
Corporate
Governance
Share Ownership (%)
Name Position Non-Bank
BRI Others Bank Financial Others Company
Institutions
Director of Wholesale and
Agus Noorsanto 3.938.641 (0,00260%) Nil Nil Nil
Institutional Business
Supari Director of Micro Business 4.970.914 (0,00328%) Nil Nil Nil
Agus Sudiarto Director of Risk Management 3.584.100 (0,00236%) Nil Nil Nil
Arga Mahanana Director of Digital and
3.421.385 (0,00226%) Nil Nil Nil
Nugraha Information Technology
Ahmad Solichin
Director of Compliance 5.454.170 (0,00360%) Nil Nil Nil
Lutfiyanto
Director of Consumer
Handayani 5.741.900 (0,00379%) Nil Nil Nil
Business
Agus Winardono Director of Human Capital 3.469.681 (0,00229%) Nil Nil Nil
Director of Retail Funding
Andrijanto 2.989.700 (0,00197%) Nil Nil Nil
and Distribution
Director of Commercial,
Amam Sukriyanto 3.623.454 (0,00239%) Nil Nil Nil
Small and Medium Business
Board of Commissioners Share Ownership
Share Ownership (%)
Name Position Non-Bank
BRI Others Bank Financial Others Company
Institutions
Kartika Wirjoatmodjo President Commissioner 1.678.000 (0,00111%) Nil Nil Nil
Rofikoh Rokhim Deputy Commissioner / Nil Nil Nil Nil
Independent Commissioner
Rabin Indrajad Hattari Commissioner 1.510.100 (0,00100%) Nil Nil Nil
Dwi Ria Latifa Commissioner Nil Nil Nil PT Bersua Utama
Indonesia [80%]
Hendrikus Ivo 1 Independent Commissioner Nil Nil Nil Nil
Heri Sunaryadi Independent Commissioner Nil Nil PT Putra Bersama Nil
Investama (99%)
Paripurna Poerwoko Independent Commissioner Nil Nil Nil Nil
Sugarda
Agus Riswanto Independent Commissioner Nil Nil Nil Nil
Nurmaria Sarosa Independent Commissioner Nil Nil Nil PT Selaras Logistik
Indonesia (20%)
Awan Nurmawan Nuh Commissioner 712.500 (0,00047%) Nil Nil Nil
Haryo Baskoro Independent Commissioner Nil Nil Nil Nil
Wicaksono 2
1)
Stopped serving as of March 1, 2024
2)
Started serving as of March 1, 2024
570 PT Bank Rakyat Indonesia (Persero) Tbk
Page 573
2024 Annual Report
Purchase/Sell of Shares of the Board of Commissioners and Directors
Disclosure of information on share ownership of the Board of Commissioners and Board of Directors has been regulated in 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 2024, 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 2024 are as follows:
Trans- Shares Shares Saham Price per
Transac- Transaction
No. Name Position action Before Trans- After Share Description
tion Purpose
Date (units) acted (units) (IDR)
1 Agus Human Capital April 3, Purchasing 1.503.481 99.500 1.602.981 5.575 Letter No. Investment
Winardono Director 2024 B.1-CSC/CSM/
CGC/04/2024
2 Viviana Dyah Finance June 7, Purchasing 3.379.500 280.000 3.659.500 4.386 Letter No. Investment
Ayu R.K. Director 2024 B.7-CSC/CSM/
CGC/06/2024
3 Catur Budi Deputy June 7, Purchasing 3.815.557 230.000 4.045.557 4.400 Letter No. Investment
Harto President 2024 B.8-CSC/CSM/
Director CGC/06/2024
4 Supari Micro Business June 10, Purchasing 4.757.614 213.300 4.970.914 4.350 Letter No. Investment
Director 2024 B.9-CSC/CSM/
CGC/06/2024
5 Handayani Consumer June 12, Purchasing 5.291.900 450.000 5.741.900 4.324 Letter No. Investment
Business 2024 B.10-CSC/CSM/
Director CGC/06/2024
6 Sunarso President June 13, Purchasing 5.430.956 227.700 5.658.656 4.380 Letter No. Investment
Director 2024 B.11-CSC/CSM/
CGC/06/2024
7 Viviana Dyah Finance June 14, Purchasing 3.659.500 160.000 3.819.500 4.173 Letter No. Investment
Ayu R.K. Director 2024 B.12-CSC/CSM/
June 19, CGC/06/2024
2024
8 Amam Small & June 19, Purchasing 3.393.454 230.000 3.623.454 4.200 Letter No. Investment
Sukriyanto Medium 2024 B.13-CSC/CSM/
Business CGC/06/2024
Director
9 Arga M. Digital & May 28, Purchasing 3.180.485 240.900 3.421.385 4.150 Letter No. Investment
Nugraha Information 2024 B.14-CSC/CSM/
Technology CGC/06/2024
Director
10 Sunarso President May 28, Transfer 3.234.856 2.196.100 5.430.956 4.636 Letter No.B.105.e- Implementation
Director 2024 CSC/CSM/ of POJK No. 45/
CGC/05/2024 POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
11 Catur Budi Deputy May 28, Transfer 1.839.057 1.976.500 3.815.557 4.636 Letter No.B.105.e- Implementation
Harto President 2024 CSC/CSM/ of POJK No. 45/
Director CGC/05/2024a POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
PT Bank Rakyat Indonesia (Persero) Tbk 571
Page 574
Corporate
Governance
Trans- Shares Shares Saham Price per
Transac- Transaction
No. Name Position action Before Trans- After Share Description
tion Purpose
Date (units) acted (units) (IDR)
12 Handayani Consumer May 28, Transfer 3.425.200 1.866.700 5.291.900 4.636 Letter No.B.105.e- Implementation
Business 2024 CSC/CSM/ of POJK No. 45/
Director CGC/05/2024b POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
13 Supari Micro Business May 28, Transfer 2.890.914 1.866.700 4.757.614 4.636 Letter No.B.105.e- Implementation
Director 2024 CSC/CSM/ of POJK No. 45/
CGC/05/2024c POJK.03/2015 and
BUMN Ministerial
Regulation
No. PER-3/
MBU/03/2023/2015
and Minister of
State-Owned
Enterprises
Regulation No. PER-
3/ MBU/03/2023
14 Ahmad Compliance May 28, Transfer 3.587.470 1.866.700 5.454.170 4.636 Letter No.B.105.e- Implementation
Solichin Director 2024 CSC/CSM/ of POJK No. 45/
Lutfiyanto CGC/05/2024d POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
15 Agus Wholesale & May 28, Transfer 2.071.941 1.866.700 3.938.641 4.636 Letter No.B.105.e- Implementation
Noorsanto Institutional 2024 CSC/CSM/ of POJK No. 45/
Business CGC/05/2024e POJK.03/2015 and
Director BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
16 Agus Sudiarto Risk May 28, Transfer 1.717.400 1.866.700 3.584.100 4.636 Letter No.B.105.e- Implementation
Management 2024 CSC/CSM/ of POJK No. 45/
Director CGC/05/2024f POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
17 Amam Direktur May 28, Transfer 1.526.754 1.866.700 3.393.454 4.636 Letter No.B.105.e- Implementation
Sukriyanto Commercial, 2024 CSC/CSM/ of POJK No. 45/
Small and CGC/05/2024g POJK.03/2015 and
Medium BUMN Ministerial
Business Regulation No. PER-
3/MBU/03/2023
18 Viviana Dyah Finance May 28, Transfer 1.512.800 1.866.700 3.379.500 4.636 Letter No.B.105.e- Implementation
Ayu R.K. Director 2024 CSC/CSM/ of POJK No. 45/
CGC/05/2024h POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
19 Arga M. Digital & May 28, Transfer 1.313.785 1.866.700 3.180.485 4.636 Letter No.B.105.e- Implementation
Nugraha Information 2024 CSC/CSM/ of POJK No. 45/
Technology CGC/05/2024i POJK.03/2015 and
Director BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
20 Agus Human Capital May 28, Transfer 1.602.981 1.866.700 3.469.681 4.636 Letter No.B.105.e- Implementation
Winardono Director 2024 CSC/CSM/ of POJK No. 45/
CGC/05/2024j POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
21 Andrijanto Retail Funding May 28, Transfer 1.123.000 1.866.700 2.989.700 4.636 Letter No.B.105.e- Implementation
& Distribution 2024 CSC/CSM/ of POJK No. 45/
Director CGC/05/2024k POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
572 PT Bank Rakyat Indonesia (Persero) Tbk
Page 575
2024 Annual Report
Trans- Shares Shares Saham Price per
Transac- Transaction
No. Name Position action Before Trans- After Share Description
tion Purpose
Date (units) acted (units) (IDR)
22 Kartika President May 28, Transfer 689.800 988.200 1.678.000 4.636 Letter No.B.105.e- Implementation
Wirjoatmodjo Commissioner 2024 CSC/CSM/ of POJK No. 45/
CGC/05/2024l POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
23 Rabin Commissioner May 28, Transfer 620.700 889.400 1.510.100 4.636 Letter No.B.105.e- Implementation
Indrajad 2024 CSC/CSM/ of POJK No. 45/
Hattari CGC/05/2024m POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
24 Awan Commissioner May 28, Transfer 0 712.500 712.500 4.636 Letter No.B.105.e- Implementation
Nurmawan 2024 CSC/CSM/ of POJK No. 45/
Nuh CGC/05/2024n POJK.03/2015 and
BUMN Ministerial
Regulation No. PER-
3/MBU/03/2023
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 of age, gender, education,
experience, integrity, dedication, understanding of company management issues, and have knowledge and/or expertise in the fields
required by the Company.
Table of Diversity in Board of Directors Composition
Table of Diversity in Board of Directors Composition
Name Position Age Gender Education Work Experience Expertis
61 years old Male Bachelor of Agronomy Have work experience Wholesale Banking,
Master of Business in banking Corporate Banking,
Sunarso President Director
Administration Micro Banking, Risk
Management
61 years old Female Bachelor of Agronomy Have work experience Consumer Banking,
Vice President
Catur Budi Harto Master of in banking Wholesale Banking,
Director
Management Risk Management
46 years old Perempuan Bachelor of Animal Have work experience Finance, Risk
Viviana Dyah Ayu Husbandry in banking Management
Director of Finance
R.K. Master of Business
Administration
Director of 59 years old Male Bachelor of Have work experience Wholesale Banking,
Wholesale and Accounting in banking Corporate Banking,
Agus Noorsanto
Institutional Master of Risk Management
Business Management
58 years old Male Bachelor of Have work experience Micro Banking, Risk
Agricultural in banking Management
Director of Micro
Supari Technology
Business
Master of Agribusiness
Management
59 years old Male Bachelor of Laws Have work experience Risk Management,
Director of Risk
Agus Sudiarto Master of in aviation and Sharia Banking,
Management
Management banking Corporate Banking
PT Bank Rakyat Indonesia (Persero) Tbk 573
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Corporate
Governance
Name Position Age Gender Education Work Experience Expertis
44 years old Male Bachelor of Have work experience IT & Digital
Director of Digital
Arga Mahanana Information in banking Banking, Risk
and Information
Nugraha Engineering Management
Technology
Master of Science
54 years old Male Bachelor of Have work experience Risk Management,
Agricultural in banking Governance, Risk
Ahmad Solichin Director of
Technology Management, and
Lutfiyanto Compliance
Master of Compliance (GRC),
Management Wholesale Banking
59 years old Male Bachelor of Dentistry Have work experience Consumer Banking,
Director of
Handayani Master of in aviation and Wholesale Banking,
Consumer Business
Management banking Risk Management
59 years old Male Bachelor of Corporate Have work experience Human Capital, Risk
Director of Human Economics in banking Management
Agus Winardono
Capital Master of Financial
Management
Director of Retail Bachelor of
Have work experience Finance, Risk
Andrijanto Funding and 50 years old Male Accounting
in banking Management
Distribution Master of Finance
56 years old Male Bachelor of Have work experience Retail Banking,
Director of
Agricultural Industrial in banking International
Commercial,
Amam Sukriyanto Technology Business Banking,
Small and Medium
Master of Business Risk Management
Business
Administration
Composition Diversity of The Board of Commissioners
Table of Diversity in the Composition of the Board of Commissioners
Name Position Age Gender Education Work Experience Expertis
Kartika President 51 years Male • Bachelor of Accounting, Have experience in Banking, Finance, Risk
Wirjoatmodjo Commissioner old University of Indonesia. banking, finance and Management
• Master of Business risk management
Administration
Rofikoh Rokhim Vice President 53 years Female • Bachelor of Economics Have experience in Finance, Economics,
Commissioner/ old • Bachelor of Political Science finance, economics Management
Independent • Master of Public Finance and management
Commissioner • Master of International &
Development Economics
• Doctor of Economics
Rabin Indrajad Commissioner 49 years Male • Bachelor of Economics and Have experience in Statistic, Economics,
Hattari old Mathematics statistics, economics Management
• Master of Management and management
• Phd. in Economics
Dwi Ria Latifa Independent 56 years Female • Bachelor of Law Have experience in Law, Social Politics,
Commissioner old • Lemhanas Alumni law, socio-politics and Regulation
• Master of Science regulation
Hendrikus Ivo 1 Independent 66 years Male • Bachelor of Laws Have experience in Law, Banking, Audit
Commissioner old • Master of Management law, banking and bank
supervision
Heri Sunaryadi Independent 59 years Male • Bachelor of Agricultural Memiliki pengalaman Capital Market,
Commissioner old Technology dalam pasar modal, Technology,
• Master of Management teknologi, dan Management
manajemen
Paripurna Independent 67 years Male • Doctorandus Management Have experience in Law, Social Politics,
Poerwoko Commissioner old • Bachelor of Laws law, socio-politics and Management
Sugarda • Master of Laws management
• Doctor of Laws
Agus Riswanto Independent 62 years Male • Bachelor of Laws Have experience in Law, Intelligent,
Commissioner old • Master of Laws law, law enforcement Regulation
and regulation
574 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Name Position Age Gender Education Work Experience Expertis
Nurmaria Sarosa Independent 59 years Female Bachelor of Architecture Have experience in ESG, Logistics,
Commissioner old ESG, logistics and Management
management
Awan Nurmawan Commissioner 56 years Male • Bachelor of Economics Have experience in Accounting, Audit,
Nuh old • Master of Business Taxation accounting, auditing Taxation
and taxation
Haryo Baskoro Independent 42 years Male • Bachelor of International Have experience Governance, Risk
Wicaksono 2 Commissioner old Relations in governance, Management, and
• Master of Economics and risk management, Compliance (GRC);
Business compliance Management
Description:
1
Hendrikus Ivo has resigned from his position since March 1, 2024
2
Haryo Baskoro Wicaksono has been in office since March 1, 2024
The composition of the Board of Commissioners as of December 2024 is a combination of characteristics, both in terms of the Board as
an entity and the individual members, in accordance with the Company’s needs. This is reflected in the following chart:
Age Gender Education
>60 <50 Female Doktor
Bachelor
Years old Years old
50-60 Master
Years old Male
Organs and Committees Under The Board of Commissioners
Secretary of Board of Commissioners
Board of Commissioners Secretariat is an organ that is responsible to the Board of Commissioners and is tasked with assisting in the
implementation of the duties and responsibilities of the Board of Commissioners in the framework of the supervision of the Company.
Board of Commissioners Secretariat is led by a Secretary of the Board of Commissioners who comes from outside the Company, appointed
and dismissed by the Board of Commissioners upon the recommendation of the Dwiwarna Series A Shareholder.
Duties and Responsibilities of The Board of Commissioners Secretariat
The Secretariat of the Board of Commissioners has guidelines and regulations for the Secretariat of the Board of Commissioners which
are stipulated by the Decree of the Board of Commissioners Nokep: 10-KOM/11/2018 dated November 1, 2018, which:
1. Coordinating the execution of duties of Staff, Commissioner Secretary, and Administrator in the Board of Commissioners.
2. Coordinating the Board of Commissioners meetings.
3. Coordinating the administrative, secretarial, and protocol duties of the Board of Commissioners.
4. Reporting to the Company on the share ownership of members of the Board of Commissioners and/or their families in the Company
and other companies.
5. Providing a report on the supervisory duties that have been carried out during the previous financial year to the General Meeting of
Shareholders.
6. Preparing a report on the GCG Self-Assessment implementation of the Board of Commissioners and the Committee each Semester,
in coordination with the Compliance division.
7. Coordinating the achievement of the duties of the Committees and organs reporting directly to the Board of Commissioners.
8. Coordinating with the Committees of the Board of Commissioners in preparing reports on the supervision results on the
implementation of the Company’s Business Plan every semester to the Financial Services Authority in accordance with the prevailing
laws and regulations.
PT Bank Rakyat Indonesia (Persero) Tbk 575
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Corporate
Governance
9. Coordinating and following-up on requests and/ or collection of data/information from and/or to the Company’s management and
external parties not covered by the Committee’s duties, including information on rules and regulations relevant to the duties and
responsibilities of the Board of Commissioners.
10. Coordinating the drafting of the Annual Work Plan and Budget of the Board of Commissioners, which is an integral part of the Annual
Work Plan and Budget of the Company prepared by the Board of Directors.
11. Coordinating the suggestions and opinions preparations on the agenda and material of the General Meeting of Shareholders.
Board of Commissioners’ Secretary Profile
EDUCATIONAL BACKGROUND
• Diploma III - State Accountancy College (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 Bahana Pembinaan Usaha Indonesia (Persero)
(2011 – 2014)
• Secretary of the Board of Commissioners of PT Indonesia Asahan Aluminium (Persero) MIND ID
(2017 – 2019)
• Secretary of the Board of Commissioners of PT Bank Mandiri (Persero) Tbk (2019 – 2021)
• Secretary of the Board of Commissioners of PT Semen Indonesia (Persero) Tbk (2021 – 2022)
LEGAL BASIS FOR APPOINTMENT
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 of PT Bank Rakyat
Widia Jessti Indonesia (Persero) Tbk
Secretary of the Board of Commissioners
Indonesian citizen, born in Pekalongan in TERM OF OFFICE
1986. Age 38 years as of December 2024. April 2022 – present
Domiciled in South Tangerang
CONCURRENT POSITIONS
Functional Positions in the Ministry of SOEs
Competency Development of the Board of Commissioners Secretary
Competency Development/Training Materials Time and Place of Implementation Organizer
Top Gun BOD-1 Acceleration Development Program Jakarta - Switzerland - Dubai, July - October 2024 BUMN School of Excellence - IMD Switzerland
Implementation Duties of the Board of c. Preparing the necessary materials related to the
Commissioners Secretary routine reports of the Board of Directors in managing
the Company such as: RKAP, Annual Report, Quarterly
1. Implementation of the Board of Commissioners Meeting Report, Report on Internal Audit Examination Results,
The Secretariat of the Board of Commissioners has and other required reports.
coordinated the implementation of the meetings of the d. Preparing the necessary materials/materials relating to
Board of Commissioners, namely: matters that must obtain a decision from the Board of
a. Coordinating the implementation of good corporate Commissioners regarding the Company’s management
governance (GCG) within the Board of Commissioners. activities carried out by the Board of Directors and all of
b. Providing information for the needs of the Board of its staff.
Commissioners in the framework of decision making. e. Preparing and coordinating the meeting agenda with the
parties attending the meeting.
576 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
f. Drafting agendas, time and place for meetings based on 3. Drafting of the Work Plan and Report of the Board of
the direction of the Board of Commissioners and input Commissioners
from the Committees of the Board of Commissioners. The Secretary of the Board of Commissioners coordinated
g. Prepare, coordinate and obtain meeting materials from with the Committees of the Board of Commissioners in
sources related to the meeting agenda, to be submitted preparing:
to the Board of Commissioners and/or to the Committees a. The Board of Commissioners’ Annual Work Plan and
if necessary. Budget which became an integral part of the Company’s
h. Preparing considerations, opinions, suggestions and Annual Work Plan and Budget prepared by the Board of
other decisions from the Board of Commissioners for Directors.
Shareholders, Directors and parties related to the b. Making reports on the results of the supervision of the
management of the Company. Board of Commissioners on the implementation of the
i. Drafting minutes of meetings and keeping a copy. Company’s Business Plan every semester to the Financial
j. Monitoring and checking the stages of progress Services Authority in accordance with the applicable
in implementing the results of meeting decisions/ laws and regulations, the Annual Supervisory Report of
considerations of opinions, suggestions and other the Board of Commissioners to the GMS, as well as other
decisions of the Board of Commissioners. necessary reports.
2. Implementation of Secretarial Duties 4. Implementation of Other Duties of the Secretariat of the
Coordinating the administrative, secretarial, and protocol Board of Commissioners
tasks of the Board of Commissioners, including in terms of: Referring to the Charter of the Secretariat of the Board of
a. Managing correspondence, archives and other Commissioners, which the Board approved of Commissioners,
documents addressed to the Board of Commissioners the Secretariat of the Board of Commissioners carries out
based on the principles of Good Corporate Governance. other tasks, including:
b. Managing correspondence, archives and other a. Coordinating and following up on the request of the
documents addressed to the Board of Commissioners Board of Commissioners in collecting data/information
based on the principles of Good Corporate Governance. from and/or to the management of the Company,
c. Managing the activities of the Board of Commissioners including information on regulations and provisions
and the Supporting Organs of the Board of relevant to the duties and responsibilities of the Board of
Commissioners, including participation in training Commissioners.
programs/workshops/ seminars, work visits, business b. Coordinating the implementation and self-assessment
trips, and others, including ensuring the availability of of Good Corporate Governance at the Board of
facilities and logistics to support the smooth running of Commissioners and Supporting Organs of the Board of
these activities/events. Commissioners.
PT Bank Rakyat Indonesia (Persero) Tbk 577
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Corporate
Governance
Audit Committee
The Board of Commissioners established an Audit Committee, 4. OJK Regulation Number 17 of 2023 concerning the
which aims to assist the Board of Commissioners in carrying Implementation of Governance for Commercial Banks;
out the duties and functions of the Company’s supervision. The 5. Articles of Association of PT Bank Rakyat Indonesia (Persero)
Audit Committee is responsible to the Board of Commissioners Tbk, including its amendments.
by providing independent opinions on matters that require the
attention of the Board of Commissioners following GCG principles Audit Committee Charter
and applicable laws and regulations.
The Company’s Audit Committee Charter is regulated under
Basis for Establishing the Audit Committee Decree Number 10-KOM/06/2024, dated May 28, 2024,
concerning the Guidelines and Rules of Procedure for the Audit
The establishment of the Audit Committee has been regulated in: Committee of PT Bank Rakyat Indonesia (Persero) Tbk. The
1. Minister of State-Owned Enterprises (BUMN) Regulation Audit Committee Charter serves as a reference for the Audit
Number PER-2/MBU/03/2023 concerning Guidelines for Committee in carrying out its duties effectively. It acts as a
Corporate Governance and Significant Corporate Activities of guideline and operational framework for the Audit Committee in
State-Owned Enterprises; assisting the Board of Commissioners in overseeing the Company,
2. Minister of State-Owned Enterprises (BUMN) Regulation particularly regarding the implementation and evaluation of
Number PER-3/MBU/03/2023 concerning the Organization BRI’s audit policies on the quality of internal control systems,
and Human Resources of State-Owned Enterprises; risk management, and corporate governance systems based on
3. OJK Regulation Number 55/POJK.04/2015 concerning the prudential principles and Good Corporate Governance (GCG)
Establishment and Implementation Guidelines for the Work principles.
of the Audit Committee;
The Audit Committee Charter includes the following aspects:
Chapter Discussion
Introduction
1.1 Background
Chapter I
1.2 Legal Basis
1.3 Definitions
Audit Comittee Structure
2.1 Values and Code of Ethics of the Audit Committee
Chapter II
2.2 Structure and Membership of the Audit Committee
2.3 Membership Requirements of the Audit Committee
Objectives, Authority, Duties, and Responsibilities
3.1 Objectives
3.2 Authority of the Audit Committee
3.3 Duties and Responsibilities
3.4 Finansial Reporting
Chapter III
3.5 Internal Control
3.6 Internal and Integrated Audit Unit
3.7 Subsidiaries (Integrated Governance)
3.8 Independent Auditor
3.9 Compliance
Work Procedures and Processes of the Audit Committee
4.1 Audit Committee Work Program
4.2 Communication Protocol
Chapter IV
4.3 Meeting Organization Mechanism
4.4 Correspondence Mechanism
4.5 Audit Committee Reports and Evaluations
Chapter V Conclusion
578 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Appointment and Dismissal of The Audit 3. Conduct reviews with Management, SKAI, and Public
Committee Accountants, KAP or Audit Team from regarding audit
findings, including any difficulties encountered.
The Audit Committee is appointed and dismissed by and is 4. Provide independent opinions in case of differences between
accountable to the Board of Commissioners. During 2024, the management and the Public Accountant, KAP or Audit Team
positions of Chairman and Members of the Audit Committee were regarding services provided.
determined through: 5. Review the annual report to ensure adequacy, consistency,
1. Board of Directors Decree No. 351-DIR/HCB/10/2023, dated and accuracy of the information.
October 3, 2023, regarding the Appointment of the Chairman 6. Monitor and assess the financial reporting process audited by
and Members of the Audit Committee of PT Bank Rakyat External Auditors.
Indonesia (Persero) Tbk.
2. Board of Directors Decree No. 437-DIR/HCB/03/2024, dated Internal Control
March 19, 2024, regarding the Appointment of the Chairman
and Members of the Audit Committee of PT Bank Rakyat 1. Monitor and evaluate audit planning and execution and
Indonesia (Persero) Tbk. follow-up on audit findings to assess the adequacy of internal
3. Board of Directors Decree No. 1786-DIR/HBS/09/2024, control, including financial reporting processes.
dated September 9, 2024, regarding the Appointment of the 2. Assist the Board of Commissioners in ensuring the
Chairman and Members of the Audit Committee of PT Bank effectiveness of internal control systems and the performance
Rakyat Indonesia (Persero) Tbk. of internal and external auditors.
4. Board of Directors Decree No. 3922-DIR/HBS/11/2024, 3. Provide recommendations for improving management
dated November 11, 2024, regarding the Appointment of the control systems and their implementation.
Chairman and Members of the Audit Committee of PT Bank 4. Ensure satisfactory evaluation procedures for all company-
Rakyat Indonesia (Persero) Tbk. issued information.
5. Identify issues requiring the Board of Commissioners’
Duties and Responsibilities of The Audit attention.
Committee 6. Perform duties related to risk management as per legal
regulations.
The Audit Committee assists the Board of Commissioners in
carrying out its duties and responsibilities by evaluating and Internal Audit Unit (SKAI) and Integrated Governance
ensuring the implementation of internal controls, overseeing
the quality of financial reports, supervising the performance 1. Ensure SKAI operates independently and upholds integrity in
of the Internal Audit Unit (SKAI), integrated governance, performing its duties.
compliance with company regulations, and the effectiveness of 2. Evaluate SKAI’s performance.
independent auditors. Additionally, the Audit Committee ensures 3. Monitor and assess the effectiveness of internal audits.
the functioning of the Whistleblowing System (WBS) as a 4. Ensure SKAI communicates with the Board of Directors,
transparent reporting mechanism, monitors the implementation Board of Commissioners, and OJK Regulation.
of social and environmental responsibility programs, and assesses 5. Provide recommendations to the Board of Commissioners
the company’s financial health to ensure its operations align with regarding:
good governance principles and support corporate objectives.. a. Annual audit planning, scope, and SKAI budget.
b. Approval of independent quality control reviewers for
Finansial Reporting SKAI performance evaluations.
c. Approval of the Internal Audit Charter.
1. Review financial information to be disclosed to the public d. Annual SKAI remuneration and performance rewards.
and/or regulatory authorities, including financial statements, e. Appointment and dismissal of the SKAI Head.
projections, and other financial reports. 6. Review audit reports and ensure that the Board of Directors
2. Ensure the credibility and objectivity of financial reports promptly addresses weaknesses in control, fraud, compliance
issued to external parties and supervisory bodies, including issues, and other identified concerns.
follow-ups on complaints and/or discrepancies noted in 7. Review Company Reports submitted to the OJK Regulation
reports reviewed by the Audit Committee. regarding Internal Audit implementation.
PT Bank Rakyat Indonesia (Persero) Tbk 579
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Corporate
Governance
8. Review all SKAI reports submitted to the Board of 1) The reason for delegating the authority;
Commissioners, including reports on any deviations 2) The criteria or limitations for the Public Accountant
addressed to the Board of Directors. and/or KAP that may be appointed.
9. Assess SKAI’s audit execution and oversee the Board of b. In formulating the recommendations as referred to in
Directors’ follow-up actions on Internal Audit findings. point 1, the Audit Committee must consider:
10. Monitor and evaluate the application of financial and internal 1) The independence of the Public Accountant, KAP,
audit policies for BRI’s Parent and Subsidiary Companies. and individuals within the KAP;
11. Oversee and evaluate other Internal Audit functions as 2) The scope of the audit;
required by regulations, the company’s articles of association, 3) The audit service fees;
and/or General Meeting of Shareholders (RUPS) resolutions. 4) The expertise and experience of the Public
12. Periodically evaluate internal audit reports and recommend Accountant, KAP, and Audit Team from the KAP;
corrective actions to address weaknesses in controls, fraud, 5) The methodology, techniques, and audit tools used
compliance, and other issues identified by SKAI. by the KAP;
6) The benefits of fresh-eye perspectives gained
Subsidiary Entities (Integrated Governance) through the replacement of the Public Accountant,
KAP, and Audit Team from the KAP;
1. Monitor and evaluate the application of financial and internal 7) The potential risks of using audit services from the
audit policies at BRI and its subsidiaries. same KAP consecutively for an extended period;
2. Provide recommendations to the Board of Commissioners to and/or
enhance the effectiveness and accuracy of financial reporting 8) The results of evaluations of the audit services for
and alignment of internal audit policies between the Parent annual historical financial information provided
Company and Subsidiaries. by the Public Accountant and KAP in the previous
3. Coordinate and hold Technical Meetings with the Audit period, if applicable.
Committee and Subsidiary Management alongside KTKT. 4. Submitting the Audit Committee’s recommendations on the
appointment of the Public Accountant and/or KAP to the
Independent Auditors Board of Directors of PT Bank Rakyat Indonesia (Persero),
Tbk. and/or the DPLK Management for inclusion as an
1. Recommend the appointment of a Public Accountant (AP) attachment to the Report on the Appointment of the Public
and/or Public Accounting Firm (KAP) for annual financial Accountant and/or KAP to the OJK Regulation.
audits to the Board of Commissioners for submission to 5. Proposing the termination of the Public Accountant, KAP, or
the General Meeting of Shareholders (RUPS), considering Audit Team from the KAP if they fail to meet the applicable
independence, scope, and fees. standards and regulations in carrying out their duties.
2. Oversee the procurement process for selecting public 6. Reviewing prospective Public Accountants or Audit Teams
accounting firms, ensuring compliance with corporate from the KAP for consolidated subsidiaries. The KAP for
procurement regulations, and seeking Board of Directors’ consolidated subsidiaries shall be appointed and determined
assistance when necessary. by the respective subsidiary in accordance with its Articles of
3. Providing reccommendations to the Board of Commissioners Association but must be consulted with the Audit Committee
to delegate to the RUPS, in the event that the Public to assess the independence of the prospective Public
Accountant and/or KAP appointed by the RUPS as referred Accountant, KAP, or Audit Team from the KAP and the audit
to in point 1, is unable to complete the audit services supervision conducted by the Audit Committee.
for the annual historical financial information within the 7. Providing prior approval (pre-approval) for non-assurance
Professional Assignment Period. The appointment of a services assigned to the KAP.
replacement Public Accountant and/or KAP may be carried 8. Evaluating the implementation of audit services for annual
out by the Board of Commissioners, taking into account the historical financial information by the Public Accountant,
recommendations of the Audit Committee. KAP, or Audit Team from the KAP at a minimum through:
a. If the Audit Committee is unable to recommend a Public a. The compliance of the audit implementation by the
Accountant and/or KAP to provide audit services for the Public Accountant, KAP, or Audit Team from the KAP with
annual historical financial information to the Board of applicable audit standards;
Commissioners before the RUPS, as referred to in point b. The adequacy of fieldwork time;
1, the Audit Committee shall recommend delegating c. A review of the scope of services provided and the
the authority to appoint a Public Accountant and/or adequacy of sampling;
KAP to the Board of Commissioners, accompanied by an d. Improvement recommendations provided by the Public
explanation regarding: Accountant and/or KAP; and
e. Other relevant matters.
580 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
9. Providing an independent opinion in the event of differences 4. The Audit Committee’s Whistleblowing System Management
of opinion between management and the Public Accountant Unit submits a request for approval of the recapitulation
regarding the services provided. of Whistleblowing System reports categorized as Criminal
10. Supervising the implementation of the appointment of the Acts of Corruption to the Board of Commissioners every
Public Accountant and/or KAP, including replacements, with month, which is then reported to the Corruption Eradication
reference to the use of audit services for annual historical Commission (KPK) through the Whistleblowing System
financial information from the same Public Accountant for Application.
five (5) cumulative years. 5. Updating information in the Whistleblowing System
11. Reviewing the KAP’s self-assessment regarding compliance application, including the categories of violation indications
with restrictions on the use of audit services and cooling- and reporting channels, if they do not meet the criteria of a
off periods. The reuse of audit services for annual historical Whistleblowing System report, as well as updating the status
financial information from the same Public Accountant of follow-up progress whenever there is a status change.
is subject to a cooling-off period based on the Public 6. Appointing the Investigation Unit/Independent Party to
Accountant’s role in the engagement: conduct an examination of reports indicating violations.
a. If the Public Accountant acts as the Engagement Partner, 7. Submitting reports and recommendations on the results
a cooling-off period of five (5) consecutive reporting of the examination conducted by the Investigation Unit/
years applies; Independent Party to the Authorized Business Unit for further
b. If the Public Accountant acts as the engagement quality action.
control reviewer, a cooling-off period of three (3) 8. Ensuring that the recommendations from the Investigation
consecutive reporting years applies; and Unit/Independent Party have been followed up on within the
c. For other audit engagement partners, a cooling-off established timeframe.
period of two (2) consecutive reporting years applies. 9. Updating the Whistleblowing System application for each
12. Submitting the Audit Committee’s Evaluation Report, as Whistleblowing System report that has been acted upon.
referred to in point 9, to the Board of Directors of PT Bank 10. Submitting a monthly recapitulation report of the
Rakyat Indonesia (Persero), Tbk. and/or the DPLK BRI Whistleblowing System to the Board of Commissioners.
Management. 11. Managing all follow-up documents related to the
Whistleblowing System in the Whistleblowing System
Compliance application.
12. Managing the examination reports from the Investigation
1. Monitor the effectiveness of policies and review fraudulent Unit and updating report data in the Whistleblowing System
financial reporting risks, recommending improvements to application.
reports prepared and executed by the Board of Directors. 13. Maintaining the confidentiality of all information related to
2. Assess compliance with regulations related to the company’s the whistleblower’s identity, indications of violations, and
operations. investigation reports.
Whistleblowing System Management Social and Environmental Responsibility Program
(TJSL) – Micro and Small Business Funding (PUMK)
The Audit Committee’s Whistleblowing System Management
Unit has the authority and responsibility to: The PUMK program aims to enhance the capabilities of micro
1. Receive and document reports of violations related to and small businesses to become resilient and independent. It
accounting processes and financial reporting, as well seeks to improve efficiency and effectiveness in the development
as violations by BRI’s Board of Commissioners, Board of and empowerment of the micro and small business economy.
Directors, SEVP, and subsidiary directors from Whistleblowing In accordance with the Regulation of the Minister of State-
System application. Owned Enterprises (BUMN) Number PER-1/MBU/03/2023, BRI
2. Review reports received from SKAI’s Whistleblowing System collaborates with other BUMNs in distributing funds for the
Management Unit regarding accounting violations and Micro and Small Business Funding Program through cooperation
financial irregularities by BRI’s Board of Commissioners, agreements that outline the rights and obligations of each party.
Board of Directors, SEVP, and subsidiary directors. In this regard, the Audit Committee has the following duties:
3. The Audit Committee’s Whistleblowing System Management 1. Assisting the Board of Commissioners in supervising the
Unit verifies and validates reports together with the Board implementation of the BUMN TJSL program.
of Commissioners regarding received Whistleblowing
System reports and categorizes these reports. This includes
communicating with the whistleblower to gather additional
evidence/documents related to the report.
PT Bank Rakyat Indonesia (Persero) Tbk 581
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Corporate
Governance
2. Assisting the Board of Commissioners in ensuring that the management, and accounting, concerning the tasks and
annual audited Financial Report of the Micro and Small responsibilities of the Audit Committee.
Business Funding Program, prepared by a public accounting 4. Involve independent external parties, if necessary, to assist in
firm, complies with financial accounting standards and is executing its duties.
approved by the RUPS/Minister. 5. Exercise other authorities granted by the Board of
Commissioners, provided they do not contradict applicable
Soundness Level Assessment laws and regulations.
1. Evaluating the appointment of a Rating Company to assess Audit Committee Term of Office
the company’s soundness level for recommendation to the
Board of Commissioners. The term of office of members of the Audit Committee may not be
2. The Board of Commissioners may request assistance from longer than the term of office of the Board of Commissioners as
the Board of Directors to conduct the procurement process regulated in the Company’s Articles of Association and can only
for the Rating Company based on the applicable goods and be re-elected for 1 (one) subsequent period, without reducing the
services procurement mechanism. right of the Board of Commissioners to dismiss them at any time.
Other Duties Audit Committee Structure, Membership and
Expertise
1. Reviewing and providing advice to the Board of Commissioners
regarding potential conflicts of interest within the Company. The committee operates under the coordination of the Board
2. Maintaining the confidentiality of the Company’s documents, of Commissioners and is structurally accountable to it. The
data, and information obtained during the execution of its membership structure is as follows:
duties. 1. The committee must have at least three (3) members,
3. Carrying out other assignments as requested by the Board consisting of Independent Commissioners and external
of Commissioners, in accordance with applicable regulations, parties from the Issuer or Public Company.
including the Implementation Program of Internal Control 2. The Audit Committee must include at least:
over Financial Reporting (ICoFR). a. One (1) Independent Commissioner;
b. One (1) Independent Party with expertise in finance
Authority of the Audit Committee or accounting, who must obtain certification before
assuming the role;
The Board of Commissioners grants authority to the Audit c. One (1) Independent Party with expertise in law or
Committee within the scope of Audit Committee responsibilities to: banking, who must obtain certification before assuming
1. Have access to accounting records, supporting data, and the role.
all relevant information about the Company related to the 3. The Audit Committee is chaired by an Independent
duties and functions of the audit committee as long as Commissioner who also serves as a member.
necessary to carry out its duties. 4. Members of the Board of Directors are prohibited from
2. Provide opinions and recommendations to the Board of serving as Audit Committee members.
Commissioners regarding the execution of supervisory 5. Audit Committee members must have integrity, good
functions in auditing and internal control within the character, and strong morals.
Company. 6. The Audit Committee works collectively in carrying out its
3. Communicate directly with employees, including the Board duties to assist the Board of Commissioners/Supervisory
of Directors and those responsible for internal audit, risk Board.
Structure, membership and expertise of the Audit Committee can be seen in the table below.
Period January 1 2024 – March 18 2024
No. Name Position Expertise Position
1 Hendrikus Ivo Chairman Law, Banking, Audit Independent Commissioner
Finance, Economics, Deputy President Commissioner/
2 Rofikoh Rokhim Member
Management Independent Commissione
Capital Market, Technology,
3 Heri Sunaryadi Member Independent Commissioner
Management
4 Agus Riswanto Member Law, Intelligent, Regulation Independent Commissioner
582 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
No. Name Position Expertise Position
5 Sahat Pardede Member Accounting, Audit Independent Party
6 Irwanto Member Accounting, Banking Independent Party
7 Duma Riana Hutapea Member Accounting, Regulation Independent Party
Period March 19, 2024 – September 8, 2024
No. Name Position Expertise Position
Finance, Economics, Deputy President Commissioner/
1 Rofikoh Rokhim Chairman
Management Independent Commissione
Capital Market, Technology,
2 Heri Sunaryadi Member Independent Commissioner
Management
3 Agus Riswanto Member Law, Intelligent, Regulation Independent Commissioner
Law, Social Politics,
4 Paripurna Poerwoko Sugarda Member Independent Commissioner
Management
5 Irwanto Member Accounting, Banking Independent Party
6 Duma Riana Hutapea Member Accounting, Regulation Independent Party
7 Bintoro Nurcahyo Member Accounting, Management Independent Party
Period September 9, 2024 – November 10, 2024
No. Name Position Expertise Position
Deputy President Commissioner/
1 Rofikoh Rokhim Chairman Finance, Economics, Management
Independent Commissione
Capital Market, Technology,
2 Heri Sunaryadi Member Independent Commissioner
Management
3 Agus Riswanto Member Law, Intelligent, Regulation Independent Commissioner
Governance, Risk Management, and
4 Haryo Baskoro Wicaksono Member Independent Commissioner
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
Period November 11 2024 – December 31 2024
No. Name Position Expertise Position
Deputy President
1 Rofikoh Rokhim Chairman Finance, Economics, Management Commissioner/ Independent
Commissione
2 Heri Sunaryadi Member Capital Market, Technology, Management Independent Commissioner
3 Agus Riswanto Member Law, Intelligent, Regulation Independent Commissioner
Governance, Risk Management, and
4 Haryo Baskoro Wicaksono Member Independent Commissioner
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
PT Bank Rakyat Indonesia (Persero) Tbk 583
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Corporate
Governance
Audit Committee Profile
The profile of the Audit Committee as of December 31, 2024 is as
follows.
Rofikoh Rokhim Agus Riswanto
Head of Audit Committee/Independent Commissioner Member of the Audit Committee/Independent Commissioner
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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
Heri Sunaryadi Haryo Baskoro Wicaksono
Member of the Audit Committee/Independent Commissioner Member of the Audit Committee/Independent Commissioner
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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
EDUCATIONAL BACKGROUND
• Bachelor of Accounting, Andalas University (1988)
• Master of Accounting, University of Indonesia (2000)
WORK EXPERIENCE
• Bank Indonesia (1994 - 2018)
• Member of the Audit Committee and Risk Management Monitoring PT Bank Resona Perdania
(2018 - 2021)
• Member of the Supervisory Board of the Indonesian Money Transfer Operators Association
(2019-present)
• Member of the Audit Committee and Risk Management Monitoring PT Bank J Trust
(2020 - 2021)
CERTIFICATION
• Risk Management Certification Level 1, BSMR
• Risk Management Certification Level 2, BSMR
Irwanto
• Risk Management Certification Level 3, BSMR
Member of the Audit Committee/
• Risk Management Certification Level 4, LSPP
Independent Party
• Audit Committee Certification IKAI (CACP)
Indonesian citizen, born in Padang in 1962.
• Chartered Accountant Certification (CA)
Age 62 years as of March 2024. Domiciled
in Jakarta LEGAL BASIS FOR APPOINTMENT
Board of Directors Decree of BRI Number 195-DIR/HCB/04/2021 dated April 26, 2021, concerning the
Appointment of the Chair and Members of the Audit Committee of PT Bank Rakyat Indonesia (Persero) Tbk
TERM OF OFFICE
Period I
SERVING DURATION
April 26, 2021 - present
CONCURRENT POSITIONS
None
584 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
EDUCATIONAL BACKGROUND
• Bachelor of Economics, Faculty of Economics, Department of Accounting, Universitas Gadjah Mada,
Yogyakarta (1988)
• Master of Business Administration (Finance), The Weatherhead School of Management Case
Western Reserve University, Cleveland. USA (1998)
WORK EXPERIENCE
• Head of Organizational Development Division, Renstra Division, BRI Head Office (2005 – 2006)
• Head of Accounting Policy Division (PSAK 50/55 Team), Management Accounting and Finance
Division, BRI Head Office (2006 – 2013)
• Deputy Regional Leader for Operations, BRI Banjarmasin Regional Office (2013 – 2016)
• Deputy Regional Leader for Operations, BRI Surabaya Regional Office (2016 – 2017)
• Expert Lecturer 2 Corporate University BRI (2017)
• Head of PSAK 71 Implementation Team, Management Accounting and Finance Division, BRI Head
Office (2017 – 2018)
Bintoro Nurcahyo • Head of Enterprise Risk and Portfolio Management Division, BRI Head Office (2018 – 2019)
• Member of BRI Risk Management Monitoring Committee (2020 – 2023)
Audit Committee Member/Independent
• Member of Integrated Governance Committee (2023 – 2024)
Party
Indonesian citizen, born in Jakarta in 1963.
CERTIFICATION
Age 61 years as of October 2024. Domiciled
in Jakarta. • Risk Management Certification Level 1, BSMR
• Risk Management Certification Level 2, BSMR
• Risk Management Certification Level 3, LSPP
• Risk Management Certification Level 4, LSPP
• Risk Management Certification Level 6, LSPP
• Chartered Accountant Certification (CA Indonesia), IAI
• Registered Accountant (RNA), Ministry of Finance
LEGAL BASIS FOR APPOINTMENT
BRI Board of Directors Decree Number 437-DIR/HCB/03/2024 dated March 19, 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
March 19, 2024 - present
CONCURRENT POSITIONS
None
PT Bank Rakyat Indonesia (Persero) Tbk 585
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Corporate
Governance
EDUCATIONAL BACKGROUND
• Bachelor of Accounting STIE YAI (1992)
• Master of Management STIE IPWI (2021)
WORK EXPERIENCE
• PT Bank Niaga, Tbk (1989 – 1990)
• Bank Indonesia (1990 – 2016)
• Financial Services Authority (2016 – 2023)
CERTIFICATION
• National Anti Fraud Conference Certification
• Certification Currency Counterfeit US Currency Seminar
LEGAL BASIS FOR APPOINTMENT
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
Loethano Boy Meizardi (Persero) Tbk
Audit Committee Member/Independent TERM OF OFFICE
Party
Indonesian citizen, born in Jakarta in 1963. Period I
Age 61 years as of May 2024. Domiciled in SERVING DURATION
Jakarta.
September 9 – present
CONCURRENT POSITIONS
None
EDUCATIONAL BACKGROUND
• Bachelor of Animal Husbandry, Brawijaya University (1990)
• Master of Management, Finance, Airlangga University (1999)
WORK EXPERIENCE
• Head of Card Center Section (2004 – 2005)
• Head of Product Development Section (2006 – 2012)
• Deputy Head of Internal Audit Region BRI Makassar (2012)
• Deputy Head of Business Region BRI Makassar (2013 – 2014)
• Deputy Head of BRI Service Fund Division (2015-2016)
• Deputy Head of Internal Audit Region BRI Medan (2017)
• Deputy Head of Internal Audit Region BRI Lampung (2018)
• Deputy Head of Internal Audit Region BRI Jakarta 2 (2019)
• Head of Internal Audit Region BRI Palembang (2019 - 2020)
• Head of Internal Audit Region BRI Denpasar (2020)
• Head of Internal Audit Region BRI Bandung (2021)
Donny Himawan • Head of Internal Audit Region BRI Jakarta 2 (2022)
Audit Committee Member/Independent CERTIFICATION
Party
Indonesian citizen, born in Jombang • Risk Management Certification Level 1, BSMR
in 1966. Age 58 years as of June 2024. • Risk Management Certification Level 2, BSMR
Domiciled in Jogyakarta. • Risk Management Certification Level 3, BSMR
• Risk Management Certification Level 4, BNSP
• Certified Wealth Management (CWM) Certification
• Qualified Internal Audit (QIA) Certification
LEGAL BASIS FOR APPOINTMENT
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
TERM OF OFFICE
Period I
SERVING DURATION
September 9 – present
CONCURRENT POSITIONS
None
586 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
EDUCATIONAL BACKGROUND
• Bachelor of Accounting, University of Indonesia (2003)
• Master of Management, University of Indonesia (2014)
WORK EXPERIENCE
• Investment Analyst & Fund Manager PT Niaga Aset Manajemen (2005 – 2007)
• Fund Manager PT Valbury Asia Securities (2007 – 2010)
• Portfolio Manager, PT PNM Investment Management (2010 – 2012)
• Fixed Income Manager, PT AJ Sequis Life (2012 – 2014)
• Fund Manager, PT Asia Raya Kapital (2014 – 2019)
• Member of the Audit Committee of PT Perkebunan Nusantara XIII (2016 – 2019)
• Member of the Audit Committee of PT Hutama Karya (2019 – 2024)
CERTIFICATION
• Deputy Investment Manager (WMI)
Thauriq Anwar • Certified Governance Oversight Professional (CGOP)
Audit Committee Member/Independent • Certification in Audit Committee Practices (CACP), IKAI
Party • Chartered Accountant (CA Indonesia), IAI
Indonesian citizen, born in Jakarta in
1079. Age 45 years as of September 2024. LEGAL BASIS FOR APPOINTMENT
Domiciled in Jakarta.
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 – present
CONCURRENT POSITIONS
None
PT Bank Rakyat Indonesia (Persero) Tbk 587
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Corporate
Governance
Educational Qualifications and Audit Committee
Work Experience
The requirements for membership of the Audit Committee are and laws and regulations in the Capital Market sector as
as follows: well as other related laws and regulations.
1. General Requirements c. Must comply with the Company and Audit Committee
a. Holding integrity, good character and morals. code of ethics.
b. Did not have any personal interests/relationships that d. Every year you must attend one of the trainings on the
may cause a conflict of interest to the Company. topics of risk management, fraud, business, corporate
2. Capability Requirements activities, law, compliance, finance, accounting and/
a. Must have the ability, knowledge, experience according or audit for at least 20 (twenty) hours of training. The
to the field of work, and be able to communicate well. training attended is PPL organized by professional
b. Must understand financial reports, company business, institutions, regulators, training institutions accredited
especially those related to the Company’s services or by accreditation institutions and/or training institutions
business activities, audit processes, risk management, owned or controlled by BUMN.
Table of Educational Qualifications and Work Experience of the Audit Committee
Name Position Education Work Experience
• Bachelor of Laws Have experience in law, banking and bank
Hendrikus Ivo 1 Chairman
• Master of Management supervision
• Bachelor of Economics
• Bachelor of Political Science
Chairman / • Master of Public Finance Have experience in finance, economics and
Rofikoh Rokhim 2
Member • Master of International & Development management
Economics
• Doctor of Economics
• Bachelor of Agricultural Technology Have experience in capital markets,
Heri Sunaryadi Member
• Master of Management technology, and management
• Bachelor of Laws Have experience in the fields of law, law
Agus Riswanto Member
• Master of Laws enforcement and regulation
Bachelor of Laws
Have experience in law, socio-political and
Paripurna Poerwoko Sugarda 3 Member Master of Laws
management
Doctor of Laws
588 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Name Position Education Work Experience
• Bachelor of International Relations Have experience in governance, risk
Haryo Baskoro Wicaksono5 Member
• Master of Economics and Business management, compliance and management
• Bachelor of Accounting Have experience in the fields of accounting
Sahat Pardede6 Member
• Master of Business Administration and auditing
• Bachelor of Accounting Have experience in accounting and bank
Irwanto Member
• Master of Accounting supervision
• Bachelor of Accounting
Have experience in accounting and
Duma Riana Hutapea 3 Member • Master of Science in Business regulation
Administration
• Bachelor of Economics Have experience in accounting and
Bintoro Nurcahyo 4 Member
• Master of Business Administration management
• Bachelor of Accounting Have experience in accounting and bank
Loethano Boy Meizardi 5 Member
• Master of Management supervision
• Bachelor of Animal Husbandry
Donny Himawan 5 Member Have experience in audit and management
• Master of Financial Management
• Bachelor of Accounting Have experience in accounting, finance, and
Thauriq Anwar 7 Member
• Master of Management capital markets
Description:
1
Hendrikus Ivo serves as Chairman until March 1, 2024
2
Rofikoh Rokhim serves as Chairman since March 19, 2024
3
Paripurna Poerwoko Sugarda and Duma Riana Hutapea serve from March 19 to September 8, 2024
4
Bintoro Nurcahyo serves from March 19, 2024
5
Haryo Baskoro Wicaksono, Loethano Boy Meizardi and Donny Himawan serve from September 9, 2024
6
Sahat Pardede serves from January 1, 2024 to March 18, 2024
7
Thauriq Anwar serves from November 11, 2024
PT Bank Rakyat Indonesia (Persero) Tbk 589
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Corporate
Governance
Audit Committee Independence
Table of Audit Committee Independence
Independence Aspect Hendrikus Ivo 1 Rofikoh Rokhim 2 Heri Sunaryadi Agus Riswanto
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
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
Does not have any business relationship, either directly
or indirectly, related to the business activities of the
Issuer or Public Company
Description:
1
Hendrikus Ivo serves as Chairman until March 1, 2024
2
Rofikoh Rokhim serves as Chairman since March 19, 2024
3
Paripurna Poerwoko Sugarda and Duma Riana Hutapea serve from March 19 to September 8, 2024
4
Bintoro Nurcahyo serves from March 19, 2024
5
Haryo Baskoro Wicaksono, Loethano Boy Meizardi and Donny Himawan serve from September 9, 2024
6
Sahat Pardede serves from January 1, 2024 to March 18, 2024
7
Thauriq Anwar serves from November 11, 2024
590 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Paripurna Haryo Loethano
Sahat Duma Riana Bintoro Donny Thauriq
Poerwoko Baskoro Irwanto Boy
Pardede 6 Hutapea 3 Nurcahyo 4 Himawan 5 Anwar 7
Sugarda 3 Wicaksono 5 Meizardi 5
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
√ √ √ √ √ √ √ √ √
PT Bank Rakyat Indonesia (Persero) Tbk 591
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Corporate
Governance
Audit Committee Meeting Meeting Summons
1. The summons for an Audit Committee meeting is issued by the
Audit Committee Meeting Policy Chair of the Audit Committee. if the Chair of the Audit Committee
is unavailable without the need for proof to any party, the
The Audit Committee meeting arrangements are regulated as summons can be issued by a member of the Audit Committee
follows. who is also a member of the Board of Commissioners.
2. The summons for an Audit Committee meeting must be
Meeting Organizing Mechanism delivered in writing, including the agenda/event, date, time,
1. Audit Committee meetings must be held periodically at least and location of the meeting.
1 (one) time in 1 (one) month. 3. The Audit Committee may convene a meeting on short
2. Audit Committee meetings can be held at any time at notice (less than one working day), either online or offline, in
the request of 1 (one) or several members of the Audit extraordinary circumstances.
Committee, stating the matters to be discussed.
3. Audit Committee meetings are held at the Company’s Meeting Decisions
domicile, or other places within the territory of the Republic 1. The meeting is valid and authorized to make binding decisions
of Indonesia or at the Company’s place of business activities if attended by at least half )1/2) of the total members of the
determined by the Audit Committee. committee.
4. Audit Committee meetings can be held online via 2. The recommendations formulated during the Committee
teleconference, video teleconference or other electronic meeting are made based on deliberation of consensus. If not
media facilities that enable all participants to communicate reached, decisions will be made based on the majority vote.
and interact in Audit Committee meetings. 3. Each Audit Committee member has one (1) vote and an
5. Audit Committee meeting materials are available and additional one (1) voting right for every member they
delivered to meeting participants no later than 5 (five) represent in the meeting.
working days before the meeting is held, unless the meeting 4. Audit Committee Members who are unable to attend may
is held outside the schedule, meeting materials can be submit their opinions and give their votes in writting, signed
delivered before the meeting is held. and submitted to the Chairman of the Audit Committee or
6. If necessary, the Committee may independently hold a the Commissioner leading the meeting. These votes will be
Technical Meeting to conduct a technical deep dive on the considered valid and included in the decision-making process
topics to be discussed in the Committee Meeting by inviting of the meeting.
the relevant parties. 5. In the case where the number of votes in favor and against
are equal, the decision is postponed and re-evaluated. If,
Meeting Quorum after re-evaluation, the votes in favor and against remain
The audit Committee meeting is valid if attended and/or equal, the decision will be made by the meeting leader.
represented by more than ½ (half) of the total number of 6. The meeting leader will present the conclusions and
Committee members. decisions at the end of each meeting.
7. Every meeting decision is binding for all the Audit Committee.
Meeting Participants 8. The Audit Committee can also make valid decisions without
1. Each member of the audit Committee is required to attend holding a meeting, provided that all serving members of the
at least 75% (seventy-five percent) of the meetings within a Board of Commissioners approve by signing the proposed
year. decision in writing.
2. The Audit Committee meeting can invite the Board of 9. Any Audit Committee member who directly or indirectly, has an
Directors, Officers, and Employees of the Company or interest in any proposed transaction, contract, or agreement in
external guests. which the Company is a party must declare their interest during
3. The Audit Committee may invite the Audit Committee and the Committee meeting and is not entitled to vote on matters
Management of the Subsidiary Entities, proposed through related to that transaction or contract.
the Integrated Governance Committee.
Meeting Minutes
Meeting Chairman 1. The results of the Audit Committee meeting must be
The Board of Commissioners meeting is led by the Chairman of recorded in the meeting minutes.
the Audit Committee. If the Chairman of the Audit Committee is 2. The meeting minutes must be signed by all attending Audit
absent or unable to attend, and this does not need to be proven Committee members and distributed to all members of the
to anyone, the meeting will be led by a member of the Audit Audit Committee.
Committee who is also from the Board of Commissioners. 3. The meeting minutes shall be prepared by an Independent
Party member of the Audit Committee who attended the
meeting.
592 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
4. If any member of the Board of Commissioners and/or the Board 2. The Audit Committee Memorandum mentioned in point
of Directors does not sign the meeting minutes as mentioned one above may be accompanied by a draft of an outgoing
in points 2 and 3 above, they must provide their reasons in a letter from the Board of Commissioners and/or the Audit
separate written statement attached to the meeting minutes. Committee addressed to the Board of Directors or an official
5. Any dissenting opinions expressed during the meeting must one level below the Board of Directors of the Company.
be clearly stated in the minutes, with the reasons for the 3. The Audit Committee Memorandum must be signed by the
disagreement. Chairperson and all members of the Committee.
6. The Audit Committee meeting minutes served as valid 4. The letters issued by the Board of Commissioners shall follow
evidence of the decisions made during the meeting. the correspondence procedures established by the Board of
7. The meeting minutes must be properly documented by the Commissioners, while letters from the Audit Committee must
Secretariat of the Board of Commissioners. be signed by the Chairperson of the Audit Committee and
Committee members who are also members of the Board of
Follow-Up on Meeting Results Commissioners.
1. The decisions made in the Audit Committee meeting are 5. All outgoing letters from the Board of Commissioners and/or
conveyed through the Audit Committee memorandum the Audit Committee must be recorded in the Letter Register,
to the Board of Commissioners, which includes opinions, managed by the Secretariat of the Board of Commissioners,
recommendations, or suggestions to assist the Board of and stored by the Corporate Secretary Division.
Commissioners in carrying out its duties.
Audit Committee Meeting Agenda
Throughout 2024, the implementation date, meeting agenda and Audit Committee meeting participants, are as follows.
Table of Audit Committee Meeting Agenda
No. Meeting Date Meeting Agenda Meeting Participants
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
1 Tuesday, January 09, 2024 Discussion on the Annual Audit Plan (PAT) 4. Hendrikus Ivo
5. Irwanto
6. Duma Riana Hutapea
7. Sahat Pardede
1. Rofikoh Rokhim
2. Heri Sunaryadi
Discussion on the Progress of Financial Statement Audit 3. Agus Riswanto
2 Thursday, January 11, 2024 and Micro and Small Business Funding Program (PUMK) of 4. Hendrikus Ivo
PT PT Bank Rakyat Indonesia (Persero) Tbk 5. Irwanto
6. Duma Riana Hutapea
7. Sahat Pardede
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Evaluation of Compliance Function Implementation for
3 Tuesday, January 23, 2024 4. Hendrikus Ivo
Semeter II of 2023
5. Irwanto
6. Duma Riana Hutapea
7. Sahat Pardede
1. Rofikoh Rokhim
2. Heri Sunaryadi
Closing Meeting on the Audit Results of Financial
3. Agus Riswanto
Statements and Micro and Small Business Funding
4 Thursday, January 25, 2024 4. Hendrikus Ivo
Program (PUMK) of PT Bank Rakyat Indonesia (Persero)
5. Irwanto
Tbk for Fiscal Year 2023
6. Duma Riana Hutapea
7. Sahat Pardede
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Discussion of the Follow-up of the Proposed Annual Audit
5 Tuesday, January 30, 2024 4. Hendrikus Ivo
Plant for 2024.
5. Irwanto
6. Duma Riana Hutapea
7. Sahat Pardede
PT Bank Rakyat Indonesia (Persero) Tbk 593
Page 596
Corporate
Governance
No. Meeting Date Meeting Agenda Meeting Participants
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Discussion on the Implementation reportk and Key
6 Monday, February 13, 2024 4. Hendrikus Ivo
Findings of the Quarter IV Audit for 20223
5. Irwanto
6. Duma Riana Hutapea
7. Sahat Pardede
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Presentation on the Progress and Follow-up Actions on
7 Tuesday, February 27, 2024 4. Hendrikus Ivo
Branch Office Audit
5. Irwanto
6. Duma Riana Hutapea
7. Sahat Pardede
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Review on SKAI on Quarter I Financial Statements and
8 Monday, April 22, 2024 4. Paripurna Poerwoko Sugarda
Audit Findings report for 1014
5. Irwanto
6. Duma Riana Hutapea
7. Bintoro Nurcahyo
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Discussion on the Implementation Report and Key Findings
9 Friday, July 19, 2024 4. Paripurna Poerwoko Sugarda
of the Audit for Semester I, 2024
5. Irwanto
6. Duma Riana Hutapea
7. Bintoro Nurcahyo
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Review on SKAI on Quarter II Financial Statements and
10 Friday, July 19, 2024 4. Paripurna Poerwoko Sugarda
Audit Findings report for 2024
5. Irwanto
6. Duma Riana Hutapea
7. Bintoro Nurcahyo
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Evaluation of the Implementation of the Compliance
11 Tuesday, July 30, 2024 4. Paripurna Poerwoko Sugarda
Function for Semester I of 2024
5. Irwanto
6. Duma Riana Hutapea
7. Bintoro Nurcahyo
1. Rofikoh Rokhim
2. Heri Sunaryadi
Discussion on the Audit Plan of the Public Accounting
3. Agus Riswanto
firm (KAP) for the Consolidated Financial Statements and
12 Tuesday, August 06, 2024 4. Paripurna Poerwoko Sugarda
Financial Statements of the Micro and Small Business
5. Irwanto
Funding Program (PUMK) for Fiscal Year 2024
6. Duma Riana Hutapea
7. Bintoro Nurcahyo
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Review on SKAI on Quarter I Financial Statements and
13 Thursday, August 15, 2024 4. Paripurna Poerwoko Sugarda
Audit Findings report for 2024
5. Irwanto
6. Duma Riana Hutapea
7. Bintoro Nurcahyo
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Audit Review on Top Debtors with High-Risk Exposure and
14 Tuesday, August 20, 2024 4. Paripurna Poerwoko Sugarda
Politically Exposed Person (PEP)
5. Irwanto
6. Duma Riana Hutapea
7. Bintoro Nurcahyo
594 PT Bank Rakyat Indonesia (Persero) Tbk
Page 597
2024 Annual Report
No. Meeting Date Meeting Agenda Meeting Participants
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Tuesday, September 10, Progress Report on the Enhancement of the Application 4. Haryo Baskoro Wicaksono
15
2024 System Supporting Insurance Products 5. Irwanto
6. Bintoro Nurcahyo
7. Loethano Boy Meizardi
8. Donny Himawan
1. Rofikoh Rokhim
2. Heri Sunaryadi
Alignment of Policies and procedures for Goods and
3. Agus Riswanto
Services Procurement Based on BUMN Regulation Number
4. Haryo Baskoro Wicaksono
16 Friday, September 27, 2024 PER-2/MBU/03/2023 of 2023 Concerning Guidelines for
5. Irwanto
Governance and Significant Corporate Activities of State-
6. Bintoro Nurcahyo
Owned Enterprises.
7. Loethano Boy Meizardi
8. Donny Himawan
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Discussion on the Request for Approval of the Addendum 4. Haryo Baskoro Wicaksono
17 Tuesday, October 08, 2024
to the Annual Audit Plan (PAT) for 2024 5. Irwanto
6. Bintoro Nurcahyo
7. Loethano Boy Meizardi
8. Donny Himawan
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Review of BRI’s Financial Statements for Quarter III of 4. Haryo Baskoro Wicaksono
18 Monday, October 28, 2024
2024 5. Irwanto
6. Bintoro Nurcahyo
7. Loethano Boy Meizardi
8. Donny Himawan
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
Discussion on the Implementation Report and Key Audit 4. Haryo Baskoro Wicaksono
19 Tuesday, October 29, 2024
Findings for Quarter III of 2024 5. Irwanto
6. Bintoro Nurcahyo
7. Loethano Boy Meizardi
8. Donny Himawan
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
4. Haryo Baskoro Wicaksono
Tuesday, December 03, Update on the Progress of Implementing Internal Control
20 5. Irwanto
2024 over Financial Reporting (ICoFR)
6. Bintoro Nurcahyo
7. Loethano Boy Meizardi
8. Donny Himawan
9. Thauriq Anwar
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Agus Riswanto
4. Haryo Baskoro Wicaksono
Tuesday, December 17, Update on the Progress of the 2024 Financial Statement
21 5. Irwanto
2024 Audit of BRI
6. Bintoro Nurcahyo
7. Loethano Boy Meizardi
8. Donny Himawan
9. Thauriq Anwar
PT Bank Rakyat Indonesia (Persero) Tbk 595
Page 598
Corporate
Governance
Frequency and Attendance Rate of Audit Committee Meetings
During 2024, the Audit Committee has held 21 (twenty one) meetings. The frequency and level of attendance of each member of the
Audit Committee are as follows:
Table of Attendance at Audit Committee Meetings
Audit Committee Meeting
Attedance Number and Percentage
Name Position
Number of Number of
Percentage
Meetings Attendance
Hendrikus Ivo 1 Chairman 7 7 100%
Rofikoh Rokhim 2 Chairman / Member 21 21 100%
Heri Sunaryadi Member 21 21 100%
Agus Riswanto Member 21 21 100%
Paripurna Poerwoko Sugarda 3 Member 8 8 100%
Haryo Baskoro Wicaksono 5 Member 7 7 100%
Sahat Pardede 6 Member 7 7 100%
Irwanto Member 21 21 100%
Duma Riana Hutapea 5 Member 14 14 100%
Bintoro Nurcahyo 4 Member 14 14 100%
Loethano Boy Meizardi 5 Member 7 7 100%
Donny Himawan 5 Member 7 7 100%
Thauriq Anwar 7 Member 2 2 100%
Description:
1
Hendrikus Ivo serves as Chairman until March 1, 2024
2
Rofikoh Rokhim serves as Chairman since March 19, 2024
3
Paripurna Poerwoko Sugarda and Duma Riana Hutapea serve from March 19 to September 8, 2024
4
Bintoro Nurcahyo serves from March 19, 2024
5
Haryo Baskoro Wicaksono, Loethano Boy Meizardi and Donny Himawan serve from September 9, 2024
6
Sahat Pardede serves from January 1, 2024 to March 18, 2024
7
Thauriq Anwar serves from November 11, 2024
Audit 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.
596 PT Bank Rakyat Indonesia (Persero) Tbk
Page 599
2024 Annual Report
Training and/or Enhance Competency of The Audit Committee in 2024
Types of Training and
Implementation Time and
Name Position Competency Development/ Organizer
Place
Training Materials
Education and/or training can be seen in the Education and/or training section for members of the
Hendrikus Ivo 1 Chairman
Board of Commissioners
Education and/or training can be seen in the Education and/or training section for members of the
Rofikoh Rokhim 2 Chairman / Member
Board of Commissioners
Education and/or training can be seen in the Education and/or training section for members of the
Heri Sunaryadi Member
Board of Commissioners
Education and/or training can be seen in the Education and/or training section for members of the
Agus Riswanto Member
Board of Commissioners
Paripurna Poerwoko Education and/or training can be seen in the Education and/or training section for members of the
Member
Sugarda 3 Board of Commissioners
Haryo Baskoro Education and/or training can be seen in the Education and/or training section for members of the
Member
Wicaksono 5 Board of Commissioners
Asian Confederation of Institutes of
Institute of Internal
Sahat Pardede 6 Member Internal Auditors (ACIIA) Regional Bali, August 28 - 29 2024
Auditors Indonesia
Conference
Refreshing Risk Management Level 4 Online, August 08, 2024 Corporate University BRI
Navigating the Global Internal Audit Institute of Internal
Bali, August 28 – 29, 2024
Standards Auditors Indonesia
Irwanto Member
Asian Confederation of Institutes of
Semarang, September 12 - 13 Institute of Internal
Internal Auditors (ACIIA) Regional
2024 Auditors Indonesia
Conference
Refreshing Risk Management Level 4 Online, August 08, 2024 Corporate University BRI
Duma Riana Hutapea 3
Member Asian Confederation of Institutes of
Institute of Internal
Internal Auditors (ACIIA) Regional Bali, August 28 – 29, 2024
Auditors Indonesia
Conference
Program Pathway to Chartered
Online, May 16 - July 13, 2024 BUMN School of Excellence
Accountant Indonesia bagi BUMN
Refreshing Risk Management Level 6 Online, August 02, 2024 Corporate University BRI
Strategi Implementasi Market
Conduct Membangun Kepercayaan
Online, August 08, 2024 OJK Institute
dan Meningkatkan Kinerja Industri
Jasa Keuangan
Bintoro Nurcahyo 4 Member
Asian Confederation of Institutes of
Institute of Internal
Internal Auditors (ACIIA) Regional Bali, August 28 - 29, 2024
Auditors Indonesia
Conference
How to Prevent Money Laundering
Online, September 06, 2024 OJK Institute
anf Terrorism Financing
Navigating the Global Internal Audit Semarang, September 12-13, Institute of Internal
Standards 2024 Auditors Indonesia
Loethano Boy
Member - - -
Meizardi 5
Donny Himawan 5 Member - - -
Thauriq Anwar 7 Member - - -
Notes:
1
Hendrikus Ivo serves as Chairman until March 1, 2024
2
Rofikoh Rokhim serves as Chairman since March 19, 2024
3
Paripurna Poerwoko Sugarda and Duma Riana Hutapea serve from March 19 to September 8, 2024
4
Bintoro Nurcahyo serves from March 19, 2024
5
Haryo Baskoro Wicaksono, Loethano Boy Meizardi and Donny Himawan serve from September 9, 2024
6
Sahat Pardede serves from January 1, 2024 to March 18, 2024
7
Thauriq Anwar serves from November 11, 2024
PT Bank Rakyat Indonesia (Persero) Tbk 597
Page 600
Corporate
Governance
Working Program and Duties of The Audit Committee In 2024
The implementation of the Committee’s activities in 2024 is as follows:
1. Audit Committee with Internal Audit Unit
No. Duties Implementation Implementation Date
1. Discussion on the 2024 Annual Audit Plan (PAT) January 09, 2024
2. Follow-up Discussion on the Proposed 2024
Review and provide recommendations for January 30, 2024
1 annual Audit Plan (PAT)
approval of the Annual Audit Plan
3. Discussion of the Request for approval of the
October 08, 2024
Addendum to the 2024 Annual Audit Plan (PAT)
1. Discussion on the Implementation Report and
February 13, 2024
Key Findings for Quarter IV 2023
Review the main audit results report (LHA) on 2. Discussion on the Implementation Report and
2 July 19, 2024
a quarterly basis Key Findings of the Semester 1 2024 Audit
3. Discussion on the Implementation Report and
October 29, 2024
Key Findings for Quarter III 2024
1. Review of SKAI on the Quarter I 2024 Financial
April 22, 2024
Report and Audit Findings
3 Reviewing Financial Statements 2. Review of SKAI on BRI’s Semester 1 2024 Financial
July 19, 2024
report
3. Review of BRI’s Quarter III 2024 Financial Report December 17, 2024
Top Debtors with High Risk Exposure and Audit Review on Top Debtors with High-Risk Exposure
4 August 20, 2024
Politically Exposed Persons (PEP) and Politically Exposed Person (PEP)
1. Presentation on the Progress of Follow-Up
February 27, 2024
Audits for Branch Offices
5 Other Audit Committee duties
2. Discussion on the Progress of Follow-up Actions
Based on the Board of Commissioners’ Directive August 15, 2024
to the Head of SKAI
2. Audit Committee with Public Accountant and/or Public Accounting Firm
No. Duties Implementation Implementation Date
1. Discussion on the progress of the financial Audit and the
Micro and Small Business Funding Program (PUMK) of PT January 11, 2024
Bank Rakyat Indonesia (Persero) Tbk
Procurement of Public
1
Accounting Firm Audit Services 2. Discussion on the Public Accounting Firm (KAP) Audit Plan
for the Consolidated Financial Statements and the Financial
August 06, 2024
Statements of the Micro and Small Business Funding Program
(PUMK) for the fiscal Year 2024
1. Closing Meeting of the Financial Audit Results and the Micro
and Small Business Funding Program (PUMK) of PT Bank January 25, 2024
2 Financial statements Rakyat Indonesia (Persero) Tbk for the Fiscal Year 2023
2. Update on the Progress of the 2024 BRI Financial Audit December 17, 2024
Approval for the Procurement of a Rating Agency for the
3 Bank Health Rating Agency Assessment of the Soundness Level of PT Bank Rakyat Indonesia April 23, 2024
(Persero) Tbk
598 PT Bank Rakyat Indonesia (Persero) Tbk
Page 601
2024 Annual Report
3. Audit Committee with Financial Services Authority, Bank Indonesia and other Authorities
No. Duties Implementation Implementation Date
Alignment of Policies and Procedures for Goods and Services
Audit Committee Evaluation Procurement Based on Ministry of SOEs Regulation Number PER-2/
1 September 27, 2024
Report MBU/03?2023 of 2023 on Guidelines for Governance and Significant
Corporate Activities of State-Owned Enterprises.
4. Audit Committee with Management
No. Duties Implementation Implementation Date
1. Progress report on the enhancement of the Insurance Product
September 10, 2024
Support Application System
Audit Committee
1
Recommendations
2. Update on the Progress of the Implementasi Internal Control over
December 03, 2024
Financial Reporting (ICoFR)
1. Evaluation of Compliance Function Implementation for the Second
January 23, 2024
Semester of 2023
2 Audit Committee Evaluation
2. Evaluation of Compliance Function Implementation for the First
July 30, 2024
Semester of 2024
5. Audit Committee with Financial Institution Pension Fund (DPLK)
No. Duties Implementation Implementation Date
1. Evaluation Report on the Implementation of Public Accounting
Services and Public Accounting Firms on the Financial Report of DPLK June 12, 2024
BRI for the 2023 Fiscal Year
Procurement of Audit Services
1
for Public Accounting Firms
2. Approval of the Determination of Public Accounting Firm for the
Audit of Financial Reports and Investment Reports of BRI Financial November 19, 2024
Institution Pension Fund (DPLK) for the 2024 Financial Year.
6. Internal Audit Committee
No. Duties Implementation Implementation Date
1. Audit Committee Budget Work Plan January 30, 2024
Audit Committee Work Budget 2. Task Allocation and Responsibility Assignment for Achieving the 2023
1 January 30, 2024
Plan Audit Committee Work Plan
3. Review Results and Signing of the 2024 Audit Committee Charter. May 28, 2024
Statement of the Audit Committee on the Effectiveness of the Internal Control System and Risk
Management
The Audit Committee, together with the Board of Commissioners, roadmap Internal Control over Financial Reporting (ICoFR).
assesses that the effectiveness of the Company’s internal control These efforts aim to improve business process efficiency and
system and risk management has been implemented under the effectiveness, ensure the reliability of financial reporting, and
applicable principles and regulations. The compliance function promote synergy across lines of defense.
is consistently carried out following regulatory requirements,
prioritizing the strengthening of a compliance culture across all The Audit Committee also emphasizes the importance of
organizational levels, managed transparently and accountably as management’s continuous commitment to strengthening internal
part of the Company’s commitment to better implementation controls, refining policies, mitigating risks, and preventing fraud.
of Good Corporate Governance (GCG). The internal control These initiatives are intended to support transparent, accountable,
system continues to be enhanced through the optimization of and highly ethical operational sustainability. Moving forward, the
internal audit functions, risk management, compliance, financial Company’s internal control system is expected to support good
and operational controls, as well as the implementation of the corporate governance, create added value for stakeholders, and
ensure consistent implementation across all Subsidiaries.
PT Bank Rakyat Indonesia (Persero) Tbk 599
Page 602
Corporate
Governance
Nomination and Remuneration Committee
The Board of Commissioners establishes the Nomination and 6. OJK Regulation no. 45/POJK.03/2015 concerning
Remuneration Committee which aims to formulate policies and assist Implementation of Governance in Providing Remuneration
in the implementation of the functions and duties of the nomination for Commercial Banks.
and remuneration of members of the Board of Commissioners and 7. OJK Regulation No.17 of 2023 concerning Implementation of
Directors in accordance with applicable laws and regulations and Governance for Commercial Banks
the principles of Good Corporate Governance. The appointment 8. OJK Circular Letter No. 40/SEOJK.03/2016 concerning
and dismissal of members of the Nomination and Remuneration Implementation of Governance in Providing Remuneration
Committee is carried out by the Board of Commissioners. for Commercial Banks.
9. Minister of State-Owned Enterprises Regulation No. PER-2/
Basis for Establishing The Nomination and MBU/03/2023 dated March 3, 2023 concerning Guidelines
Remuneration Committee for Governance and Significant Corporate Activities of State-
Owned Enterprises.
1. Law of the Republic of Indonesia No. 7 of 1992 concerning 10. BUMN Ministerial Regulation No. PER-3/MBU/03/2023 dated
Banking as amended by the Law of the Republic of Indonesia March 20, 2023 concerning Organs and Human Resources of
No. 10 of 1998. State-Owned Enterprises.
2. Law of the Republic of Indonesia No. 40 of 2007 on the 11. Articles of Association of PT Bank Rakyat Indonesia (Persero)
Limited Liability Companies. Tbk and its amendments.
3. Law of the Republic of Indonesia No. 19 of 2003 on the
StateOwned Enterprises. Nomination and Remuneration Committee Charter
4. OJK Regulation no. 33/POJK.04/2014 dated December 08,
2014 concerning Directors and Board of Commissioners of The working guidelines of the Nomination and Remuneration
Issuers or Public Companies. Committee of the Company are regulated in the Board of
5. OJK Regulation no. 34/POJK.04/2014 dated December Commissioners Decree Number B.09-KOM/05/2024 dated May
08, 2014 concerning the Nomination and Remuneration 28, 2024, concerning the Guidelines and Rules of Procedure for
Committee of Issuers or Public Companies. the Nomination and Remuneration Committee of PT Bank Rakyat
Indonesia (Persero) Tbk., which regulate, among others:
Chapter Discussion
Introduction
Chapter I 1.1 Legal Basis
1.2 General Definition
Corportate Values, Organizational Structure, and Code of Ethics
Chapter II 2.1 Corporate Values
2.2 Organizational Structure, Membership, and Code of Ethics
Guidelines and Rules of Procedure for the Nomination and Remuneration Committee
3.1 Objectives, Authority, Duties, and Responsibilities
3.2 Appointment of Committee Members, Term of Office, and Working Hours
Chapter III 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 Duties and Responsibilities of The Nomination
and Remuneration Committee and Remuneration Committee
The Nomination and Remuneration Committee is appointed and The Nomination and Remuneration Committee assists the Board
dismissed by and is accountable to, the Board of Commissioners. of Commissioners in carrying out its duties and responsibilities in
Throughout 2024, the positions of Chairman and Members of evaluating and ensuring the implementation of nomination and
the Nomination and Remuneration Committee were established remuneration functions within the Company under the regulations
through the Board of Directors’ Decree Number 441-DIR/ and good corporate governance principles. The Nomination and
HCB/03/2024 dated March 19, 2024, regarding the Appointment Remuneration Committee is responsible for assisting the Board of
of the Chairman and Members of the Nomination and Commissioners in overseeing the following matters:
Remuneration Committee of PT Bank Rakyat Indonesia (Persero).
600 PT Bank Rakyat Indonesia (Persero) Tbk
Page 603
2024 Annual Report
Nomination Function c. Assisting in evaluating the performance of members of the
Board of Directors and/or the Board of Commissioners;
1. Provide recommendations to the Board of Commissioners d. Designing capability development programs for
regarding: members of the Board of Directors and/or the Board of
a. The system, procedures, policies, and criteria required in Commissioners; and
the selection and/or replacement process of members of e. Reviewing and proposing qualified candidates for the
the Board of Directors and the Board of Commissioners Board of Directors and/or the Board of Commissioners to
are to be submitted by the Board of Commissioners to the Board of Commissioners for submission to the GMS.
the General Meeting of Shareholders;
b. Composition of the positions of members of the Remuneration Function
Board of Directors and/or members of the Board of
Commissioners; 1. Evaluating the Remuneration policy based on performance,
c. Identification and nomination of candidates who meet risk, fairness compared to peer groups, corporate goals, and
the qualification to serve as members of the Board of long-term strategy, compliance with reserve requirements
Directors and/or the Board of Commissioners, to be as stipulated by laws and regulations, and the Company’s
submitted by the Board of Commissioners to the General potential future revenue;
Meeting of Shareholders (GMS); 2. Submitting evaluation results and recommendations to the
d. Independent parties who will serve as members of the Board of Commissioners regarding:
Audit Committee and the Risk Monitoring Committee a. The structure, policy, and amount of remuneration for
under the Board of Commissioners; the Board of Directors and the Board of Commissioners
e. Policies/ mechanism for evaluating the performance of to be presented to the General Meeting of Shareholders
members of the Board of Directors and/or the Board of (GMS); and
Commissioners; and b. The structure, policy, and amount of remuneration for
f. Development programs to enhance the capabilities of employees as a whole to be presented to the Board of
members of the Board of Directors and/or the Board of Directors.
Commissioners. 3. Ensuring that the remuneration policy is under applicable
2. Assisting the Board of Commissioners in assessing the regulations;
performance of members of the Board of Directors and the 4. Conducting periodic evaluations of the implementation of
Board of Commissioners based on established benchmarks the remuneration policy;
as a basis for evaluation; 5. Evaluating the remuneration policy for employees that
3. Evaluating the proposed individual Key Performance requires approval/feedback from the Board of Commissioners;
Indicators (KPI) of State-Owned Enterprise (BUMN) Board of 6. Assisting the Board of Commissioners in assessing
Directors members; performance concerning the appropriateness of the
4. Assisting the Board of Commissioners in evaluating the remuneration received by each member of the Board of
Selected Talent list based on performance and capacity; Directors and/or the Board of Commissioners;
5. Conducting periodic reviews of the BUMN Talent 7. In carrying out the remuneration function, the Committee
Management System, as well as monitoring and evaluating must follow these procedures:
its implementation; a. Formulating the structure, policy, and amount of
6. Conduting an evaluation of the system and procedures for remuneration for the members of the Board of Directors
Talent classification carried out by the Board of Directors of and the Board of Commissioners by considering:
the State-Owned Enterprises (SOE); • financial performance and reserve compliance as
7. Conducting validation and calibration of the Selected Talent regulated by applicable laws and regulations;
to produce a list of nominated taltent proposed by the • the creation of effective risk management;
Board of Commissioners/ Supervisory Board of State-Owned • remuneration practices in the industry under the
Enterprises (SOEs) to the GMS/ Minister; business activities of the issuer or a similar public
8. Evaluating candidates representing BUMN who will be company and the scale of business of the issuer or
proposed as members of the Board of Directors or the Board public company within its industry;
of Commissioners of Subsidiaries before submission to the • short-term and long-term liquidity needs;
General Meeting of Shareholders (GMS)/ Minister; • the objectives, long-term strategy of the bank, and
9. Evaluating the BUMN Board of Directors’ proposal regarding its potential future revenue;
the organizational structure of BUMN; and • the duties, responsibilities, and authority of the
10. In carrying out its Nomination function, the Committee is members of the Board of Directors and/or the Board
required to follow these procedures: of Commissioners related to the achievement of
a. Formulating the composition and nomination process the goals and performance of the Issuers or Public
for members of the Board of Directors and/or the Board Company;
of Commissioners; • performance targets for each member of the Board
b. Developing policies and criteria required in the of Directors and/or the Board of Commissioners; and
nomination process for candidates for the Board of • the balance of allowances between fixed and variable
Directors and/or the Board of Commissioners; components.
PT Bank Rakyat Indonesia (Persero) Tbk 601
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b. The remuneration structure as mentioned in point 2.a. Structure, Membership and Expertise of The
can include: Nomination and Remuneration Committee
• salary;
• honorarium; The structure of BRI's Nomination and Remuneration Committee
- incentives; and/or complies with the provisions outlined in OJK Regulation Number
• fixed and/or variable allowances. 45/POJK.03/2015 concerning the Implementation of Governance
c. Conducting an evaluation of the structure, policies, and in the Provision of Remuneration for Commercial Banks and the
amount of remuneration for members of the Board of Regulation of the Minister of State-Owned Enterprises Number
Directors and the Board of Commissioners at least once a PER-3/MBU/03/2023 on State-Owned Enterprises' Organization
year. and Human Resources. The structure and membership of the
Nomination and Remuneration Committee are arranged as
Authority of The Nomination and Remuneration follows:
Committee 1. The Committee is under the coordination of the Board of
Commissioners and is structurally responsible to the Board
The Nomination and Remuneration Committee has the following of Commissioners;
authorities: 2. The Committee is chaired by an Independent Commissioner
1. Accessing the data, documents, and information of the who also serves as a member; and
Company related to the performance of its duties; 3. The members of the Nomination and Remuneration
2. Communicating and coordinating with parties related to the Committee may be from the members of the Company’s
committee’s tasks; Board of Commissioners or from outside the Company
3. Exercising other powers granted by the Board of 4. The Committee must have at least:
Commissioners as long as they do not conflict with applicable a. One (1) Independent Commissioner;
laws and regulations; b. One (1) Non-Independent Commissioner;
4. Providing opinions and recommendations to the Board c. One (1) Executive Officer responsible for the HR function
of Commissioners of the Parent entity to enhance the or one (1) representative of the Company’s employees;
internal control function, compliance function, and the 5. Members of the Board of Directors are prohibited from being
implementation of integrated risk management; and members of the Committee;
5. Exercising powers granted by the Board of Commissioners as 6. If the Committee has more than (3) members, the number of
long as they do not conflict with applicable laws and regulations. Independent Commissioners must be at least two members;
7. Committee members who are not from the Board of
Nomination and Remuneration Committee Term Commissioners must meet the following criteria:
of Office a. having good integrity and sufficient knowledge and work
experience in the fields of nomination and remuneration;
The term of office for members of the Nomination and b. not having personal interests/ relationships that could
Remuneration Committee may not be longer than the term cause negative impacts or conflicts of interest with the
of office of the Board of Commissioners as stipulated in the relevant State-Owned Enterprise (BUMN;
Company’s Articles of Association and may be re-elected only for c. being able to communicate effectively;
the next 1 (one) period, without reducing the right of the Board d. being able to allocate sufficient time to perform their
of Commissioners to dismiss at any time. duties; and
e. not holding concurrent positions as members of
the Board of Commissioners/Supervisory Board at
other companies, secretaries/staff of the Board of
Commissioners/Supervisory Board at other companies,
members of other committees within the Company, or
members of committees at other companies
The structure, membership, and expertise of the Nomination and Remuneration Committee can be seen in the table below.
Period January 1, 2024 to March 1, 2024
No. Name Position Expertise Description
1 Heri Sunaryadi Chairman Capital Market, Technology, Management Independent Commissioner
Deputy Main Commissioner/ Independent
2 Rofikoh Rokhim Secretary Finance, Economics, Management
Commissioner
3 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management President Commissioner/ Commissioner
602 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
No. Name Position Expertise Description
4 Rabin Indrajad Hattari Member Statistic, Economics, Management Commissioner
5 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
6 Hendrikus Ivo Member Law, Banking, Audit Independent Commissioner
7 Dwi Ria Latifa Member Law, Social Politics, Regulation Independent Commissioner
8 Nurmaria Sarosa Member ESG, Logistics, Management Independent Commissioner
9 Agus Riswanto Member Law, Intelligent, Regulation Independent Commissioner
10 Paripurna P. Sugarda Member Law, Social Politics, Regulation Independent Commissioner
Ex Officio (Head of Human Capital
11 M. Dadang Permana K.F. Member Banking, Human Resources
Business Partner Division)
Period March 2, 2024 to December 31, 2024
No. Name Position Expertise Description
1 Heri Sunaryadi Chairman Capital Market, Technology, Management Independent Commissioner
Deputy Main Commissioner/
2 Rofikoh Rokhim Secretary Finance, Economics, Management
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
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
Governance, Risk Management, and Compliance
10 Haryo Baskoro Wicaksono Member Independent Commissioner
(GRC), Management
Ex Officio (Head of Human Capital
11 M. Dadang Permana K.F. Member Banking, Human Recources
Business Partner Division)
Nomination and Remuneration Committee Profile
The profile of the Nomination and Remuneration Committee as
Rofikoh Rokhim
of December 31, 2024 is as follows.
Member of the Nomination and Remuneration Committee/
Deputy President Commissioner/Independent Commissioner
Heri Sunaryadi The profile can be seen in the Board of Commissioners section
Chairman of the Nomination and Remuneration Committee/
Independent Commissioner The period and term of office have been attached to the period and
term of office of the Board of Commissioners
The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period and
term of office of the Board of Commissioners Rabin Indrajad Hattari
Member of the Nomination and Remuneration Committee/
Commissioner
Kartika Wirjoatmodjo The profile can be seen in the Board of Commissioners section
Member of the Nomination and Remuneration Committee/
President Commissioner The period and term of office have been attached to the period and
term of office of the Board of Commissioners
The profile can be seen in the Board of Commissioners section
The period and term of office have been attached to the period and
term of office of the Board of Commissioners
PT Bank Rakyat Indonesia (Persero) Tbk 603
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Corporate
Governance
Dwi Ria Latifa Agus Riswanto
Member of the Nomination and Remuneration Committee/ Member of the Nomination and Remuneration Committee/
Independent Commissioner 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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
Nurmaria Sarosa
Member of the Nomination and Remuneration Committee/ Awan Nurmawan Nuh
Independent Commissioner Member of the Nomination and Remuneration 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 and
term of office of the Board of Commissioners The period and term of office have been attached to the period and
term of office of the Board of Commissioners
Paripurna Poerwoko Sugarda
Member of the Nomination and Remuneration Committee/ Haryo Baskoro Wicaksono
Independent Commissioner Member of the Nomination and Remuneration 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 and
term of office of the Board of Commissioners
The period and term of office have been attached to the period and
term of office of the Board of Commissioners
EDUCATION BACKGROUND
• Bachelor of Agriculture, Winaya Mukti University, Jatinangor (1996)
• Master of Management, Padjadjaran University, Bandung (2009)
WORK EXPERIENCE
• Head of Human Capital, Padang Regional Office (2013 – 2014)
• Head of Human Capital, Denpasar Regional Office (2014 – 2016)
• Head of Human Capital, Yogyakarta Regional Office (2016 – 2018)
• Head of Career Development, Human Capital Policy and Development Division (2018 – 2019)
• Deputy Head of Career Management & Culture Division, Human Capital Policy and Development
Division (2019)
• Department Head Talent Management & Industrial Relations, Human Capital Business Partner
Division (2020 – 2022)
• Regional Chief Audit Denpasar (2022 – 2023)
• Division Head Human Capital Business Partner (2023 – 2024)
M. Dadang Permana K.F. • Division Head Human Capital Business Partner 1 (2024 – present)
Member of the Nomination and CERTIFICATION
Remuneration Committee
Risk Management Level 5 – LSP LSPP
Indonesian citizen, born in Bandung in
1973. Age 51 years as of December 2024. LEGAL BASIS FOR APPOINTMENT
Domiciled in Jakarta.
• 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 1 Division (01/09/2024 – present)
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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 Agricultural Technology
Heri Sunaryadi Chairman Have experience in business and industry
• Master of Management
• Bachelor of Economics
• Bachelor of Political Science
• Master of Public Finance Have experience in economics and
Rofikoh Rokhim Secretary
• Master of International & Development management
Economics
• Doctor of Economics
• Bachelor of Accounting Have experience in banking and
Kartika Wirjoatmodjo Member
• Master of Business Administration management
• Bachelor of Economics and Mathematics
Have experience in economics and
Rabin Indrajad Hattari Member • Master of Management
banking supervision
• Phd. in Economics
• Bachelor of Economics Have experience in economics,
Awan Nurmawan Nuh Member
• Master of Business Taxation management and taxation
• Bachelor of Laws Have experience in audit and banking
Hendrikus Ivo 1 Anggota
• Master of Management supervision
• Bachelor of Law
Have experience in law and
Dwi Ria Latifa Member • Lemhanas Alumni
management
• Master of Science
Nurmaria Sarosa Member Bachelor of Architecture Have experience in business and industry
• Bachelor of Law
Have experience in law and
Agus Riswanto Member • Master in Law
management
• Doctor of Law
Have experience in law and
Paripurna P. Sugarda Member Bachelor of Law
management
• Bachelor of International Relations Have experience in governance, risk
Haryo Baskoro Wicaksono 2 Member
• Master of Management management, compliance
• Bachelor of Agriculture Have experience in banking and human
M. Dadang Permana K.F. Member
• Master of Managemen resources
Notes:
1
Hendrikus Ivo resigned from his position as of March 1, 2024
2
Haryo Baskoro Wicaksono began his tenure on March 1, 2024
PT Bank Rakyat Indonesia (Persero) Tbk 605
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Corporate
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Independence of The Nomination and Remuneration Committee
Independence Aspect HS RR KW RIH ANN HI1 DRL NS AR PPS HBW2 MDP
Has no financial relationship with the Board of
√ √ √ √ √ √ √ √ √ √ √ √
Commissioners and Board of Directors
Has no affiliation with members of the Board of
Commissioners, members of the Board of Directors, or √ √ √ √ √ √ √ √ √ √ √ √
the Major Shareholders of the Issuer or Public Company
Has no family relationship with the Board of
Commissioners, Directors, and/or fellow members of √ √ √ √ √ √ √ √ √ √ √ √
the BRI Nomination and Remuneration Committee
Notes:
1
Hendrikus Ivo resigned from his position as of March 1, 2024
2
Haryo Baskoro Wicaksono began his tenure on March 1, 2024
Notes
HS Heri Sunaryadi RIH Rabin Indrajad Hattari DRL Dwi Ria Latifa PPS Paripurna Poerwoko Sugarda
RR Rofikoh Rokhim ANN Awan Nurmawan Nuh NS Nurmaria Sarosa HBW Haryo Baskoro Wicaksono
KW Kartika Wirjoatmodjo HI Hendrikus Ivo AR Agus Riswanto MDP M. Dadang Permana K.F.
Nomination and Remuneration Committee Meeting Meeting Quorum
A Committee meeting is valid if attended and/or represented
Nomination and Remuneration Committee Meeting Policy by more than half (1/2) of the total members, including at least
one (1) Independent Commissioner and one (1) Executive Officer
Committee meeting arrangements are set as follows. responsible for human resources or one (1) representative of the
Company’s employees.
Meeting Mechanism
1. The Committee Meetings must be held regularly at least Meeting Participants
once every three (3) months.; 1. Each Committee member is required to attend at least 75%
2. The Committee Meetings may be held at any time upon the (seventy-five) of the meetings in a year;
request of one or more Committee members, specifying the 2. The Committee Meetings may invite members of the Board
matters to be discussed; of Directors, Executives, and Employees of the Company or
3. The Committee meetings are conducted at the Company’s external guests;
domicile, another location within the Republic of Indonesia, 3. The Committee meetings may invite other Committees and
or at a business operation site designed by the Committee; the management of Subsidiaries through the Integrated
4. The Committee meetings may be conducted online via Governance Committee.
teleconference, video conference, or other electronic media
that enable all participants to communicate and interact Meeting Chaiperson
during the meeting; 1. The Committee meetings are chaired by the Chairperson of
5. The Committee meeting material must be available and the Committee;
provided to meeting participants no later than five (5) 2. If the Chairperson of the Committee is absent or unable to
working days before the meeting unless the meeting is held attend, without the need to provide proof to any party, the
outside the schedule, in which case the materials can be meeting will be chaired by a Committee member from the
provided before the meeting; Board of Commissioners
6. If necessary, the Committee may independently hold a
Technical Meeting to conduct an in-depth technical review of Meeting Summons
the materials to be discussed in the Committee Meeting by 1. The Committee meetings are summoned by the Chairperson
inviting relevant parties. of the Committee.
2. If the Chairperson is unable to perform this duty, without the
need to provide proof to any party, the summons may be made
by a Committee member from the Board of Commissioners;
606 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
3. The meeting summons must be issued in writing, stating the
Minutes of Meeting
agenda, date, time, and venue of the meeting;
1. The results of the Committee meetings must be documented
4. In special situations or extraordinary conditions, the
in the minutes of the meeting;
Committee may call a meeting at any time (less than one
2. The minutes must be signed by all Committee members
working day) online or offline.
present and distributed to all Committee members;
3. The minutes must be prepared by an Independent Party
Meeting Resolutions member of the Committee who attended the meeting;
1. A meeting is valid and authorized to make binding 4. If any Board of Commissioners or Board of Directors member
decisions if attended by at least half (1/2) of the total does not sign the minutes as stated in points 2 and 3, they
Committee members, including at least one (1) Independent must provide written reasons in a separate letter attached to
Commissioner and one (1) Executive Officer responsible for the minutes;
human resources or one (1) representative of the Company’s 5. Any dissenting opinions during the meeting must be clearly
employees; recorded in the minutes along with the reasons for the
2. Recommendations formulated in the Committee Meeting are disagreement;
based on deliberation to reach a consensus. If consensus is 6. The minutes serve as legal evidence of the decisions made
not achieved, decisions are made by majority vote; during the meeting;
3. Each Committee member has one (1) vote and an additional 7. The Secretariat of the Board of Commissioners is responsible
one (1) vote for each Committee member they lawfully for properly documenting and maintaining the minutes of
represent in the meeting; the meetings.
4. Committee members who are unable to attend may submit
their opinions and cast their votes in writing, signed, and Follow-up on Meeting Results
delivered to the Chairperson of the Committee or the 1. The decisions made in the Committee meeting are
Commissioner leading the meeting. Such votes are considered communicated to the Board of Commissioners, containing
valid and included in the decision-making process; opinions, recommendations, or suggestions to assist the
5. If the number of affirmative and dissenting votes is equal, execution of the Board’s duties;
the decision is postponed and re-evaluated. If, after re- 2. The Committee’s memorandum in point one above may include
evaluation, the votes remain tied, the final decision is drafts of outgoing letters from the Board of Commissioners
determined by the meeting leader; and/or the Committee to the Board of Directors;
6. The meeting leader presents conclusions and decisions at 3. The Committee’s memorandum must be signed by the
the end of each meeting; Chairperson and all Committee members;
7. All meeting decisions are binding for all Committee members; 4. Outgoing letters from the Board of Commissioners must
8. The Committee may also make valid decisions without holding follow the communication procedures established by the
a meeting, provided that all serving Board of Commissioners Board of Commissioners, while letters from the Committee
members give their written approval by signing the proposed must be signed by the Chairperson and the Committee
decision; members from the Board of Commissioners;
9. Any Committee member who has a personal interest, whether 5. All outgoing letters from the Board of Commissioners and/or
directly or indirectly, in a transaction or contract involving the Committee must be recorded in the Letter Register and
the Company must declare the nature of their interest in a processed by the Secretariat of the Board of Commissioners
Committee meeting and is not entitled to vote on matters and stored by the Corporate Secretary Division.
related to the transaction or contract.
PT Bank Rakyat Indonesia (Persero) Tbk 607
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Meeting Agenda of The Nomination and Remuneration Committee
Table of Nomination and Remuneration Committee Meeting Agenda
No. Meeting Date Meeting agenda Meeting Participants Description
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Hendrikus Ivo
Changes in BRI Organizational 5. Heri Sunaryadi
1 Tuesday, February 6, 2024 Nomination
Structure and Nomenclature 6. Dwi Ria Latifa
7. Nurmaria Sarosa
8. Agus Riswanto
9. Awan Nurmawan Nuh
10. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Hendrikus Ivo
Proposed Remuneration 4. Heri Sunaryadi
2 Tuesday, February 13, 2024 of Directors and Board of 5. Nurmaria Sarosa Remuneration
Commissioners with Consultants 6. Agus Riswanto
7. Paripurna P. Sugarda
8. Awan Nurmawan Nuh
9. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Hendrikus Ivo
5. Heri Sunaryadi
Human Capital Strategy and
3 Tuesday, February 20, 2024 6. Dwi Ria Latifa Nomination & Remuneration
Roadmap Update 2024
7. Nurmaria Sarosa
8. Agus Riswanto
9. Paripurna P. Sugarda
10. Awan Nurmawan Nuh
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Hendrikus Ivo
5. Heri Sunaryadi
Evaluation of the Board of
4 Tuesday, February 20, 2024 6. Dwi Ria Latifa Nomination
Directors' Performance in 2024
7. Nurmaria Sarosa
8. Agus Riswanto
9. Paripurna P. Sugarda
10. Awan Nurmawan Nuh
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. 7Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Hendrikus Ivo
Authorization at the BRI
5. Heri Sunaryadi
Thursday, February 29, Management Nomination
5 6. Dwi Ria Latifa Nomination
2024 Discussion Meeting in the BRI
7. Nurmaria Sarosa
Annual GMS
8. Agus Riswanto
9. Paripurna P. Sugarda
10. Awan Nurmawan Nuh
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Hendrikus Ivo
5. Heri Sunaryadi
Discussion of BRI Management
6 Friday, March 1, 2024 6. Dwi Ria Latifa Nomination
Nomination in the BRI Annual GMS
7. Nurmaria Sarosa
8. Agus Riswanto
9. Paripurna P. Sugarda
10. Awan Nurmawan Nuh
11. M. Dadang Permana K.F.
608 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
No. Meeting Date Meeting agenda Meeting Participants Description
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Proposal for Nominated Top Talent
7 Wednesday, March 13, 2024 6. Nurmaria Sarosa Nomination
BOD-1 2024
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Nomination of Subsidiary Company
8 Tuesday, March 19, 2024 6. Nurmaria Sarosa Nomination
Management
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Nomination of Subsidiary Company
9 Tuesday, March 26, 2024 6. Nurmaria Sarosa Nomination
Management
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
1. Determination of Subsidiary 4. Heri Sunaryadi
Companies with Significant 5. Dwi Ria Latifa
10 Tuesday, March 26, 2024 Contributions to BRI 6. Nurmaria Sarosa Nomination
2. Proposed Nominated Top 7. Agus Riswanto
Talent BOD-1 2024 8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Dwi Ria Latifa
4. Nurmaria Sarosa
Discussion of Remuneration
11 Saturday, March 30, 2024 5. Agus Riswanto Remuneration
Revision in 2024
6. Paripurna P. Sugarda
7. Awan Nurmawan Nuh
8. Haryo Baskoro Wicaksono
9. M. Dadang Permana K.F.
1. Rofikoh Rokhim
2. Heri Sunaryadi
3. Dwi Ria Latifa
4. Nurmaria Sarosa
Discussion of Remuneration
12 Monday, April 1, 2024 5. Agus Riswanto Remuneration
Revision in 2024
6. Paripurna P. Sugarda
7. Awan Nurmawan Nuh
8. Haryo Baskoro Wicaksono
9. M. Dadang Permana K.F.
PT Bank Rakyat Indonesia (Persero) Tbk 609
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Corporate
Governance
No. Meeting Date Meeting agenda Meeting Participants Description
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Nomination of Subsidiary Company
13 Tuesday, April 23, 2024 6. Nurmaria Sarosa Nomination
Management
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Nomination of Subsidiary Company 4. Heri Sunaryadi
14 Monday, April 29, 2024 Nomination
Management 5. Dwi Ria Latifa
6. Awan Nurmawan Nuh
7. Haryo Baskoro Wicaksono
8. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Discussion of Criteria, Selection
5. Dwi Ria Latifa
Mechanism, and Candidates for
15 Tuesday, June 25, 2024 6. Nurmaria Sarosa Nomination
Supporting Organs under the
7. Agus Riswanto
Board of Commissioners
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Nomination of Subsidiary Company
16 Tuesday, July 02, 2024 6. Nurmaria Sarosa Nomination
Management
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Discussion of Candidates for
5. Nurmaria Sarosa
17 Tuesday, July 30, 2024 Supporting Organs under the Nomination
6. Agus Riswanto
Board of Commissioners.
7. Paripurna P. Sugarda
8. Awan Nurmawan Nuh
9. Haryo Baskoro Wicaksono
10. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Nomination of Subsidiary Company
18 Tuesday, August 6, 2024 6. Nurmaria Sarosa Nomination
Management.
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
610 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
No. Meeting Date Meeting agenda Meeting Participants Description
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Wednesday, August 14, Consultation on Tantiem Budget
19 6. Nurmaria Sarosa Remuneration
2024 with the Ministry of SOEs.
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Discussion of the Revision of the 5. Dwi Ria Latifa
20 Tuesday, October 15, 2024 Proposed Collegial KPI of the 6. Nurmaria Sarosa Nomination
Board of Directors in 2024. 7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Nomination of Subsidiary Company
21 Tuesday, October 22, 2024 6. Nurmaria Sarosa Nomination
Management
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Nomination of Subsidiary Company
22 Tuesday, November 5, 2024 6. Nurmaria Sarosa Nomination
Management
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Discussion of the Composition 5. Dwi Ria Latifa
23 Tuesday, November 5, 2024 of Supporting Organs under the 6. Nurmaria Sarosa Nomination
Board of Commissioners 7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Discussion of the Proposed Budget
5. Dwi Ria Latifa
for the Board of Directors and
24 Tuesday, December 3, 2024 6. Nurmaria Sarosa Remuneration
Board of Commissioners Bonuses
7. Agus Riswanto
in 2025
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
PT Bank Rakyat Indonesia (Persero) Tbk 611
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Corporate
Governance
No. Meeting Date Meeting agenda Meeting Participants Description
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
5. Dwi Ria Latifa
Tuesday, December 10, Changes in BRI's Organizational
25 6. Nurmaria Sarosa Nomination
2024 Structure
7. Agus Riswanto
8. Paripurna P. Sugarda
9. Awan Nurmawan Nuh
10. Haryo Baskoro Wicaksono
11. M. Dadang Permana K.F.
Frequency and Attendance Rate of The Nomination and Remuneration Committee Meetings
During 2024, the Nomination and Remuneration Committee held 25 meetings. The frequency and level of meeting attendance for each
member of the Nomination and Remuneration Committee is as follows:
Table of Attendance at Nomination and Remuneration Committee Meetings
Nomination and Remuneration Committee Meeting
Attedance Number and Percentage
Name Position
Number of
Number of Attedance Percentage
Meetings
Heri Sunaryadi Chairman 25 25 100%
Rofikoh Rokhim Secretary 25 25 100%
Kartika Wirjoatmodjo Member 25 23 92%
Rabin Indrajad Hattari Member 25 22 88%
Awan Nurmawan Nuh Member 25 25 100%
Hendrikus Ivo 1 Member 6 6 100%
Dwi Ria Latifa Member 25 23 92%
Nurmaria Sarosa Member 25 24 96%
Agus Riswanto Member 25 24 96%
Paripurna P. Sugarda Member 25 23 92%
Haryo Baskoro Wicaksono 2 Member 19 19 100%
M. Dadang Permana K.F. Member 25 25 100%
Notes:
1
Hendrikus Ivo resigned from his position as of March 1, 2024
2
Haryo Baskoro Wicaksono began his tenure on March 1, 2024
Competency Improvement Program of The Nomination and Remuneration Committee
Types of Training and Competency Implementation Time and
Name Position Organizer
Development/ Training Materials Place
Heri Sunaryadi Chairman Can be seen in the Education and/or Training section for Board of Commissioners Members
Rofikoh Rokhim Secretary Can be seen in the Education and/or Training section for Board of Commissioners Members
Kartika Wirjoatmodjo Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Rabin Indrajad Hattari Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Awan Nurmawan Nuh Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Hendrikus Ivo 1
Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Dwi Ria Latifa Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Nurmaria Sarosa Member Can be seen in the Education and/or Training section for Board of Commissioners Members
612 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Types of Training and Competency Implementation Time and
Name Position Organizer
Development/ Training Materials Place
Agus Riswanto Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Paripurna P. Sugarda Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Haryo Baskoro
Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Wicaksono 2
Internal Audit
February 6, 2024 - March 5,
M. Dadang Permana K.F. Member Qualified Internal Auditor (QIA) Certification Education
2024
Foundation
Notes:
1
Hendrikus Ivo resigned from his position as of March 1, 2024
2
Haryo Baskoro Wicaksono began his tenure on March 1, 2024
Income of The Nomination and Remuneration • Preparation for Consultation with the Ministry of BUMN
Committee regarding the Revision of the Performance Bonus Budget
for the Board of Directors and Board of Commissioners of
Remuneration for committee members who are members of the BRI for the 2024 performance in the Revised 2024 RKAP.
Board of Commissioners is part of the honorarium given to the • Usulan Anggaran Tantiem Dirkom Tahun 2025.
Board of Commissioners and there is no special honorarium for 4. Evaluation of the Performance of the Board of Directors:
each Committee member. Honorarium for Committee members • Evaluation of the Board of Directors’ Performance for
from independent parties (Non-Commissioners), the amount of the 2023
honorarium is determined by the Board of Commissioners with a • Discussion on the Revision of the 2024 Board of Directors
maximum amount of 20% of the Main Director’s salary and no other KPI Proposal.
income is given apart from the honorarium. This is in accordance 5. Policy, Nomination, and Evaluation of Independent Members
with the provisions of the Minister of BUMN Regulation Number of the Board of Commissioners Committees:
PER-3/MBU/03/2023 dated March 20, 2023 concerning Organs and • Discussion on the Criteria, Selection Mechanism, and
Human Resources of State-Owned Enterprises. Candidates for Independent Members.
• Results of the Interview with Independent Committee
Work Program and Implementation of Duties of Candidates for BRI.
The Nomination and Remuneration Committee • Structure of BRI’s Independent Committee.
In 2024 6. Review of Human Capital Strategy and Organizational
Structure:
The implementation of the Committee’s activities in 2024 is as • Changes in the Organizational Structure and
follows: Nomenclature.
1. Nomination of the Company’s Management candidates: • Update Strategy and Roadmap Human Capital.
• Granting Power of Attorney during the Nomination • Establishment of Subsidiaries with Significant
Discussion of BRI Management at the 2024 GMS. Contributions to BRI.
• Discussion of the Nomination of BRI Management at the • Organizational Structure Changes.
2024 GMS.
• Proposal of Nominated Top Talent BOD-1 for 2024, In general, the Nomination and Remuneration Committee
conducted twice. carried out activities in order to support the effectiveness of the
• KNR’s Recommendation on the Appointment of BRI implementation of the duties and obligations of the Board of
Management Candidates. Commissioners in accordance with applicable regulations. The
2. Nomination of the Candidates for the Subsidiary’s explanation above provides a detailed overview of the meetings
management or Representatives of the Company placed by the Nomination and Remuneration Committee in 2024.
in Subsidiaries or affiliated parties. This process has been Throughout the year, the committee held 25 meetings, focusing
conducted 8 (eight) times. on various important topics including the evaluation of the
3. Review of the Remuneration Policy and Structure for the performance of the Board of Directors, nomination of company
Board of Directors and Board of Commissioners: management, top talent evaluation, nomination of subsidiary
• Proposal for Remuneration for the Board of management, review of remuneration policies and structures
Commissioners and Directors with the Consultant. for the Board of Directors and Commissioners, as well as the
• Remuneration Revision of the 2024, conducted twice. review of human capital strategy and organizational structure.
PT Bank Rakyat Indonesia (Persero) Tbk 613
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Corporate
Governance
Additionally, discussions on the nomination and evaluation nomination policy to select Executive Officers one level below
of independent members of the Board of Commissioners’ the Board of Directors who possess adequate capacity and track
Committees were also conducted. records, placing them in a talent pool as successors for Board of
Directors positions, either within the company or in other SOEs/
The Remuneration and Nomination Committee assessed that the companies. In addition, as a strategic step in preparing the talent
system and procedure for selecting and/or replacing members of pool candidates, the company also prepares potential employees
the Board of Commissioners and/or Board of Directors referred for leadership positions and regularly evaluates the nomination
to the applicable regulations and complied with the principles of policies and implementation to ensure leaders with leadership
good corporate governance. For example, in terms of selecting a styles and characteristics that align with the company’s needs.
candidate for the Board of Directors, each candidate had to first
pass an assessment conducted by an independent party and the The selected candidates are then proposed to the Nomination
Board of Commissioners should provide recommendations for the and Remuneration Committee to undergo the nomination
candidate for the Company’s management based on BRI’s Top procedure for the Board of Directors in accordance with applicable
Talent data from an Officer one level below the Board of Directors regulations. The company’s Board of Directors succession is
or the Board of Directors of a Subsidiary Company, which then carried out based on the company’s long-term objectives,
underwent the process. Fit and Proper Test was conducted by the considering various aspects, including:
Board of Commissioners with the direct interview method. 1. Integrity
2. Background in the field of work,
The Nomination and Remuneration Committee considered 3. Work experience and
that the current performance measurements for the Board 4. Leadership.
of Commissioners and Directors are adequate. Specifically
for Directors, individual performance assessments have been The principles for implementing Director Succession are based on
implemented which can measure the effectiveness of the the principles of good corporate governance so as to ensure business
implementation of the duties of each Director without prejudice continuity and the company’s long-term goals. BRI has a talent pool
to the fact that there is individual performance of Directors that candidate policy to select potential employees to occupy leadership
is collegial in nature (influenced by the performance of other positions in the Company and other state-owned companies. Apart
Directors or must be carried out with other Directors). from that, the company also periodically evaluates executive
officers and subordinate officials to become the next successors so
In terms of selection criteria and procedures for prospective that leadership and character remain suitable and in accordance
officials one level below the Board of Directors, the Nomination with the capacity required and required by the company.
and Remuneration Committee considers that the Board of
Directors has implemented prudent, transparent and accountable The selected candidates are then proposed to the Nomination
systems, criteria and procedures. and Remuneration Committee for the nomination procedure
for the Board of Directors, based on POJK Regulation No.33/
Regarding remuneration, the Company is considered to have POJK.04/2014 and the Minister of State-Owned Enterprises on
implemented remuneration for the Board of Directors based the Organs and Human Resources of State-Owned Enterprises.
on the performance achieved, benchmarks to the industry and
peer groups at both domestic and regional levels and based on
a comprehensive evaluation assisted by competent independent Risk Management Monitoring Committee
consultants.. Likewise, the determination of remuneration for
workers as a whole was applied fairly and motivated workers, The Risk Management Monitoring Committee (RMOC) is one of
while considering the financial capabilities of the company and the Committees under the Board of Commissioners whose duties
the remuneration provided in the industry. and responsibilities are to assist the Board of Commissioners in
carrying out evaluations and ensuring the implementation of risk
Succession Planning Policy management in the Company.
BRI has a succession program policy for the Board of Directors Basis Establishing of Risk Management
that complies with the OJK Regulation Number 33/POJK.04/2014 Monitoring Committee
concerning the Board of Directors and Board of Commissioners of
Issuers or Public Companies, and the Regulation of the Minister 1. OJK Regulation no. 17/POJK.03/2014 dated November 18,
of State-Owned Enterprises Number PER-3/MBU/03/2023 2014 concerning the Implementation of Integrated Risk
dated March 20, 2023, concerning the Organization and Human Management for Financial Conglomerates.
Resources of State-Owned Enterprises. The implementation 2. OJK Regulation (POJK) Number 17 of 2023 dated September
of the Board of Directors’ succession is based on the principles 14, 2023 concerning Implementation of Governance for
of Good Corporate Governance (GCG) to ensure the continuity Commercial Banks.
of business and the company’s long-term goals. BRI has a
614 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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
Introduction
Chapter I 1.1 Legal Basis
1.2 General Definitions
Corporate Values, Organizational Structure, and Code of Ethics
Chapter II 2.1 Corporate Values
2.2 Organization Structure, Membership, and Code of Ethics
Work Guidelines and Regulations of the Risk Management Monitoring Committee
3.1 Objectives, Authority, Duties, and Responsibilities
3.2 Meeting and Governance and Decision Making
Chapter III
3.3 Committee reports and Evaluation
3.4 Communication Protocol
3.5 Correspondence Mechanism
Chapter IV Closing
Appointment and Dismissal of the Risk are adequate. This ensures that the Company’s activities are
Management Monitoring Committee controlled within acceptable risk limits and remain profitable.
The Risk Management Monitoring Committee is appointed and The Risk Management Monitoring Committee duties and
dismissed by the Board of Commissioners and is accountable to responsibilities are as follow:
them. During the year 2024, the positions of Chairperson and 1. Periodically review and analyze risk management policy, providing
Members of the Risk Management Monitoring Committee were recommendations to the Board of Commissioners for adjusting
established through the following: and improving the risk management framework and approach.
1. Director's Decree Number 2349-DIR/HCB/10/2023, dated 2. Evaluate and analyze the company’s quarterly risk profile
October 3, 2023, regarding the Appointment of the Chairperson report, and provide advice and recommendations to the
and Members of the Risk Management Monitoring Committee Board of Commissioners for necessary enhancements and
of PT Bank Rakyat Indonesia (Persero) Tbk improvements.
2. Director's Decree Number 439-DIR/HCB/03/2024, dated March 3. Monitor and evaluate the adequacy of the identification,
19, 2024, regarding the Appointment of the Chairperson and measurement, monitoring, control, and risk management
Members of the Risk Management Monitoring Committee of information system of the Company and provide advice
PT Bank Rakyat Indonesia (Persero) Tbk and recommendations to the Board of Commissioners to
3. Director's Decree Number 1789-DIR/HBS/09/2024, dated improve the effectiveness and quality of the Company’s risk
September 9, 2024, regarding the Appointment of the management implementation.
Chairperson and Members of the Risk Management Monitoring 4. Conduct supervision, evaluate the implementation of
Committee of PT Bank Rakyat Indonesia (Persero) Tbk the duties of the Risk Management Committee and the
Risk Management Division, and provide advice and/or
Duties and Responsibilities of Risk Management recommendations to the Board of Commissioners to improve
Monitoring Committee the effectiveness of the implementation of the duties of the
Risk Management Committee and the Risk Management
The Risk Management Monitoring Committee supports the Board Division. Evaluation of the implementation of the duties of
of Commissioners in fulfilling its duties of evaluating and ensuring the Risk Management Committee and the Risk Management
the Company’s risk management procedures and methodologies Division is carried out at least 1 (one) time in 1 (one) year.
PT Bank Rakyat Indonesia (Persero) Tbk 615
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Corporate
Governance
5. Evaluate and analyze the implementation of risk control 7. Provide opinions and recommendations to the Board of
for the Company’s fraud at least once per semester. Commissioners to maintain and improve the Company’s
Provide suggestions and recommendations to the Board Soundness Level.
of Commissioners to improve the implementation of the 8. Carry out other authorities granted by the Board of
Company’s Anti-Fraud Strategy. Commissioners as long as they do not conflict with applicable
6. Evaluate and analyze the implementation of the Company’s laws and regulations.
Anti-Money Laundering, Counter-Terrorism Financing, and
Prevention of Financing of Proliferation of Weapons Of Mass Term of Office of The Risk Management
Destruction (AML, CFT, and PFWMD) programs at least semi- Monitoring Committee
annually and provide suggestions and/or recommendations
to the Board of Commissioners to improve the quality of the The term of office of members of the Risk Management
implementation of the programs. Monitoring Committee may not be longer than the term of office
7. Evaluate and analyze the implementation of risk of the Board of Commissioners as stipulated in the Company’s
management in the use of Information Technology Plans, Articles of Association and may be re-elected only for the
Strategic Information Technology, and Company policies next 1 (one) period, does not reduce the right of the Board of
related to the use of Information Technology, and provide Commissioners to dismiss at any time.
advice and recommendations to the Board of Commissioners
regarding the implementation of risk management in the use Structure, Membership, and Expertise of The Risk
of Technology Information by the Company. Management Monitoring Committee
8. Evaluate and analyze the Bank’s Soundness Level every
semester and provide suggestions and/or recommendations The Risk Management Monitoring Committee is under the
to the Board of Commissioners in order to maintain the coordination of the Board of Commissioners and is structurally
Bank’s Soundness Level. responsible to the Board of Commissioners. The structure and
9. Evaluate and analyze documents for providing funds for membership of the Risk Management Monitoring Committee are
related parties proposed by the Board of Directors, which regulated as follows.
require approval from the Board of Commissioners. 1. Committee members consist of Independent Commissioners
10. Provide opinions and recommendations regarding loan and Independent Parties.
facility above a certain amount that requires consultation 2. The Committee is chaired by an Independent Commissioner
with the Board of Commissioners. who may also serve as a member.
11. Carry out other duties and responsibilities are assigned by 3. The Committee members consist of at least:
the Board of Commissioners. a. an Independent Commissioner.
b. an Independent party who has expertise in the field of
Authority of Risk Management Monitoring risk management proven by having a risk management
Committee certificate and a competency certificate that supports
the implementation of the committee’s functions and
The Board of Commissioners grants authority to the Risk responsibilities; and
Management Monitoring Committee with the following c. an Independent Party who has expertise in the financial
responsibilities: field.
1. Obtain relevant information related to duties implementation 4. Independent Parties must meet the following requirements:
from the Company’s internal and or external parties. a. Do not receive compensation from the Company and
2. Obtain inputs or recommendations from external parties its subsidiaries or affiliates, except for wages, salaries,
related to its duties. and other facilities received in connection with the
3. Provide opinions and recommendations to the Board of duties carried out as a member of the Risk Management
Commissioners for the improvement of risk management in Monitoring Committee.
the Company. b. Do not have family or financial relationship with the
4. Provide opinions and recommendations to the Board of Board of Directors and Board of Commissioners.
Commissioners for the improvement of effectiveness of Risk c. Do not have dual positions in the Company and other
Management Unit. companies affiliated with the Company.
5. Provide opinions and recommendations to the Board of d. Do not have duties, responsibilities, and authority that
Commissioners to improve the quality of implementation may cause a conflict of interest.
of the Company’s Anti-Money Laundering, Prevention of e. May not serve concurrently as a member of the Board of
Terrorism Financing, and Prevention of Proliferation of Mass Commissioners, Secretary to the Board of Commissioners,
Destruction Weapons programs. Staff to the Secretary to the Board of Commissioners and
6. Provide opinions and recommendations to the Board of member of the Committee at an SOEs or other company;
Commissioners on the implementation of risk management and
in the use of Information Technology by the Company. f. Do not conflict with other provisions and laws.
616 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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 January 1, 2023 – March 18, 2024
No. Name Position Expertise Description
Vice President Commissioner/ Independent
1 Rofikoh Rokhim Chairman Finance, Economics, Management
Commissioner
2 Rabin Indrajad Hattari Member Statistic, Economics, Management Commissioner
3 Dwi Ria Latifa Member Law, Social Politics, Regulation Independent Commissioner
4 Heri Sunaryadi Member Capital Market, Technology, Management Independent Commissioner
5 Nurmaria Sarosa Member ESG, Logistics, Management Independent Commissioner
6 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
7 A. Sigid Sudahno Member Banking, Management Independent Party
8 Sandra Chalik Member Accounting, Risk Management Independent Party
Period March 19, 2024 – September 8, 2024
No. Name Position Expertise Description
1 Nurmaria Sarosa Chairman ESG, Logistics, Management Independent Commissioner
Vice President Commissioner/
2 Rofikoh Rokhim Member Finance, Economics, Management
Independent Commissioner
3 Rabin Indrajad Hattari Member Statistic, Economics, Management Commissioner
4 Heri Sunaryadi Member Capital Market, Technology, Management Independent Commissioner
5 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
Governance, Risk Management, and Compliance
6 Haryo Baskoro Wicaksono Member Independent Commissioner
(GRC); Management
7 A. Sigid Sudahno Member Banking, Management Independent Party
8 Sandra Chalik Member Accounting, Risk Management Independent Party
Period September 9, 2024 – December 31, 2024
No. Name Position Expertise Description
1 Nurmaria Sarosa Chairman ESG, Logistics, Management Independent Commissioner
Vice President Commissioner/
2 Rofikoh Rokhim Member Finance, Economics, Management
Independent Commissioner
3 Rabin Indrajad Hattari Member Statistic, Economics, Management Commissioner
4 Heri Sunaryadi Member Capital Market, Technology, Management Independent Commissioner
5 Awan Nurmawan Nuh Member Accounting, Audit, Taxation Commissioner
Governance, Risk Management, and Compliance
6 Haryo Baskoro Wicaksono Member Independent Commissioner
(GRC); Management
PT Bank Rakyat Indonesia (Persero) Tbk 617
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Corporate
Governance
No. Name Position Expertise Description
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
Risk Management Monitoring Committee Profile
The profile of the Risk Management Monitoring Committee as of December 31, 2024 is as follows.
Nurmaria Sarosa Heri Sunaryadi
Chairman of the Risk Management Monitoring Committee/ Member of the Risk Management Monitoring Committee/
Independent Commissioner 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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
Rofikoh Rokhim Awan Nurmawan Nuh
Member of the Risk Management Monitoring Committee/ Members of the Risk Management Monitoring Committee/
Deputy President Commissioner/Independent Commissioner Commissioners
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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
Rabin Indrajad Hattari Haryo Baskoro Wicaksono
Member of the Risk Management Monitoring Committee/ Member of the Risk Management Monitoring Committee/
Commissioner 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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
618 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
EDUCATIONAL BACKGROUND
• Bachelor of Economics Marketing Management, Diponegoro University Semarang (1987).
• Master of Management Concentration Marketing Management, Padjadjaran University Bandung (2000)
WORK EXPERIENCE
• Branch Manager, BRI So'E Timor - South Central (2002 – 2005)
• Senior Account Officer, BRI Padang Regional Office (2005 – 2006)
• Head of Credit Risk Policy Division, Credit Administration Division, BRI Head Office (2007-2013)
• Deputy Head of Credit Risk Policy Division, Credit Administration Division, BRI Head Office (2013 – 2017)
• Head of the Team for Drafting General Credit Policy (KUP) and Credit Implementation Guidelines
(PPK), as a Fixed-Term Contract Worker (2O18 – 2019)
• Commissioner at Bringin Sejahtera Makmur Insurance Broker (2018 – 2019)
CERTIFICATION
• Level 1 Risk Management Certification, BSMR
• Level 2 Risk Management Certification, BSMR
• Level 3 Risk Management Certification, BNSP
A. Sigid Sudahno • Insurance Broker Professional Degree Certification, APARI
Member of the Risk Management
LEGAL BASIS FOR APPOINTMENT
Monitoring Committee/ Independent Party
Indonesian citizen, born in Semarang in BRI Board of Directors Decree Number 245-DIR/HCB/03/2020 dated March 31, 2020 concerning the
1961. Age 63 years as of December 2024. Determination of the Chairperson and Members of the Risk Management Monitoring Committee of PT
Domiciled in Semarang. Bank Rakyat Indonesia (Persero) Tbk
PERIOD OF OFFICE
Period I
TERM OF OFFICE
March 31, 2020 to Present
CONCURRENT POSITIONS
-
EDUCATIONAL BACKGROUND
• Bachelor of Economics Accounting, STIE Surabaya – Surabaya (1989)
• Master of Management Concentration in Risk Management, University of Indonesia (MMUI) –
Jakarta (2003)
WORK EXPERIENCE
• Group Head, Risk Management, BRI Jakarta I Regional Office (2008 – 2008)
• Head of Division, Market Risk Management and Integrated Risk, BRI Head Office (2009-2012)
• Head of Division, Financial Report, BRI Head Office (2012-2013)
• Vice President - Deputy Head of Division, Financial Policy and Management, BRI Head Office (2013-2014)
• Vice President - Deputy Head of Risk Management Division, BRI Head Office (2015-2017)
• Executive Vice President - Head of Enterprise Risk & Portfolio Management Division, BRI Head Office
(2017-2018)
• Executive Vice President - Head of Management Accounting & Finance Division, BRI Head Office
(2018-2020)
• Executive Vice President - Project Manager of BRI Financial Enterprise System (BRIFirst)
Implementation Team, BRI Head Office (2020 – 2023)
Sandra Chalik CERTIFICATION
Member of the Risk Management
• Risk Management Assessor Certification, BNSP
Monitoring Committee/ Independent Party
• Risk Management Certification Level 7, LSP LSPP
Indonesian citizen, born in Makassar in • Master Trainer Certification, LSP IKN
1964. Age 60 years as of December 2024.
Domiciled in Jakarta. 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
PERIOD OF OFFICE
Period I
TERM OF OFFICE
July 01, 2023 - present
CONCURRENT POSITIONS
-
PT Bank Rakyat Indonesia (Persero) Tbk 619
Page 622
Corporate
Governance
EDUCATIONAL BACKGROUND
• Bachelor of Fiscal Administration, University of Indonesia (1989).
• University of California at Riverside, USA, Pre-MBA Program (1996)
• Master of Business Administration, Majoring in Finance, Georgia State University, Atlanta, USA (1998).
• Professional Education
- PPM-BRI Corporate University, Assessor Certification (2018)
- BRI Corporate University, Refreshment of Risk Management Competence Level 4 (2020)
- YPIA, The Role of Internal Auditors in Monitoring Digitalization (2020)
- Askom LSP MI Training, Refreshment of Micro Finance Competence (2020)
WORK EXPERIENCE
• Group Head of Agribusiness Division, BRI Head Office (2007 – 2009)
• Group Head of General Business Division, BRI Head Office (2010 – 2010)
• Group Head of Oil and Gas & Energy Desk, BRI Head Office (2010 – 2013)
• Branch Manager BRI Jepara (2013 – 2014)
• Branch Manager BRI Jakarta Pluit (2014 – 2016)
• Vice President / Head of Oil and Gas Desk, BRI Head Office (2016-2017).
Cahyo Yuliarso • Vice President / Deputy Head of Corporate Business Division I, BRI Head Office (2017 – 2018).
• Vice President / Deputy Head of Agribusiness Division, BRI Head Office (2018 – 2019).
Member of the Risk Management
• Executive Vice President / Head of Internal Audit for BRI Pekanbaru Region (2019 – 2020).
Monitoring Committee/ Independent Party • Marketing Director of PT Brilian Indah Gemilang / BRIdge, Assessment Center & Training Provider
Indonesian citizen, born in Semarang in (2022 – 2023).
1964. Age 60 years as of December 2024.
Domiciled in Jakarta. CERTIFICATION
• Level 4 Risk Management Certification
• LSP Micro Finance Indonesia, Competency Certification Test
LEGAL BASIS FOR APPOINTMENT
BRI Board of Directors Decree Number 1789-DIR/HBS/09/2024 dated September 9, 2024 concerning
the Determination of the Chairperson and Members of the Risk Management Monitoring Committee of
PT Bank Rakyat Indonesia (Persero) Tbk.
PERIOD OF OFFICE
Period I
TERM OF OFFICE
09 September 2024 – present
CONCURRENT POSITIONS
-
Educational Qualifications and Work Experience Risk Management Monitoring Committee
Table of Educational Qualifications and Work Experience of the Risk Management Monitoring Committee
Name Position Education Work Experience
Chairman / Have experience in ESG, logistics and
Nurmaria Sarosa 1 Bachelor of Architecture
Member management
• Bachelor of Economics
• Bachelor of Political Science
Chairman / Have experience in finance, economics
Rofikoh Rokhim 2
• Master of Public Finance
Member and management
• Master of International & Development Economics
• Doctor of Economics
• Bachelor of Economics and Mathematics
Rabin Indrajad Have experience in statistics, economics
Member • Master of Management
Hattari and management
• Phd. in Economics
• Bachelor of Law
Have experience in law, socio-politics
Dwi Ria Latifa 3 Member • Lemhanas Alumni
and regulation
• Master of Science
• Sarjana Teknologi Pertanian Have experience in capital markets,
Heri Sunaryadi Member
• Master of Management technology and management
Awan Nurmawan • Bachelor of Economics Have experience in accounting, auditing
Member
Nuh • Master of Business Taxation and taxation
Haryo Baskoro • Bachelor of International Relations Have experience in governance, risk
Member
Wicaksono 4 • Master of Economics and Business management, compliance
620 PT Bank Rakyat Indonesia (Persero) Tbk
Page 623
2024 Annual Report
Name Position Education Work Experience
• Bachelor of Economics Marketing Management, Diponegoro
University Semarang (1987). Have experience in banking and
A. Sigid Sudahno Member
• Master of Management Concentration Marketing management
Management, Padjadjaran University Bandung (2000
• Bachelor of Economics Accounting, STIE Surabaya – Surabaya
(1989) Have experience in banking, accounting,
Sandra Chalik Member financial management and risk
• Master of Management Concentration in Risk Management, management
University of Indonesia (MMUI) – Jakarta (2003)
• Bachelor of Fiscal Administration, University of Indonesia
(1989).
• University of California at Riverside, USA, Pre-MBA Program, Have experience in banking and
Cahyo Yuliarso 5 Member
1996 management
• Master of Business Administration, Majoring in Finance,
Georgia State University, Atlanta, USA (1998).
Information:
1
Nurmaria Sarosa served as Chairperson as of March 19, 2024.
2
Rofikoh Rokhim resigned as Chairperson as of March 19, 2024.
3
Dwi Ria Latifa resigned from her position as of March 19, 2024
4
Haryo Baskoro Wicaksono started in office as of March 19, 2024
5
Cahyo Yuliarso started in office as of September 9, 2024
Independence of Risk Monitoring Committee
All members of RMOC have no affiliations with the Directors, other Commissioners or controlling shareholders of BRI, not a shareholder
who can influence its abilities to act independently, nor as Commissioner, Director or employees of companies or businesses, which are
affiliated to BRI. The independence requirement of RMOC Members are as follows.
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.
Table of Independence of Risk Monitoring Committee
Independence Aspects NS RR RIH DRL 1 HS ANN HBW 2 ASS SC CY 3
Does not have financial relationship with the Board of
√ √ √ √ √ √ √ √ √ √
Commissioners and Board of Directors
Does not have any affiliation with members of the
Board of Commissioners, members of the Board of
√ √ √ √ √ √ √ √ √ √
Directors, or the Major Shareholders of the Issuer or
Public Company.
Does not have a family relationship with the Board
of Commissioners, Board of Directors, and/or fellow √ √ √ √ √ √ √ √ √ √
members of the Risk Monitoring Committee
Information:
1
Dwi Ria Latifa resigned from her position as of March 19, 2024.
2
Haryo Baskoro Wicaksono effectively started in office as of March 19, 2024
3
Cahyo Yuliarso effectively started in office as of September 9, 2024
Notes
NS Nurmaria Sarosa RIH Rabin Indrajad Hattari HS Heri Sunaryadi HBW Haryo Baskoro Wicaksono SC Sandra Chalik
RR Rofikoh Rokhim DRL Dwi Ria Latifa ANN Awan Nurmawan Nuh ASS A. Sigid Sudahno CY Cahyo Yuliarso
PT Bank Rakyat Indonesia (Persero) Tbk 621
Page 624
Corporate
Governance
2. In case the Chairman of the Committee is unable to attend,
Risk Management Monitoring Committee Meeting
which does not need to be proven to anyone, the summons
for the meeting may be made by a member of the Committee
Risk Management Monitoring Committee Meeting Policy
who is a member of the Board of Commissioners.
3. The invitation to a Committee meeting must be submitted in
The Committee meeting arrangements are set as follows.
writing, stating the agenda/event, date, time and place of the
meeting.
Meeting Organizing Mechanism
4. In the event of a special situation or extraordinary conditions,
1. Committee meetings must be held periodically at least 1
the Committee may convene a meeting at any time (less
(one) time in 3 (three) months.
than 1 working day) either online or offline.
2. Committee meetings may be held at any time at the request
of 1 (one) or several Committee members by stating the
matters to be discussed. Meeting Decision
3. Committee meetings are held at the Company's domicile, 1. A meeting is valid and has the right to make binding decisions
or another location within the territory of the Republic of if it is attended by at least 1/2 (one half) of the committee
Indonesia or at the Company's place of business activities as members.
determined by the Committee. 2. Recommendation decisions formulated in the Committee
4. Committee meetings may be held online via teleconference Meeting are taken based on deliberation to reach consensus.
or other electronic media that allows all participants to In the event that deliberation to reach consensus does not
communicate and interact in Committee meetings. occur, decision making is carried out based on majority votes.
5. Committee meeting materials are available and delivered 3. Each Committee member has 1 (one) vote and an additional
to meeting participants no later than 5 (five) working days 1 (one) vote for each Committee member he/she legally
before the meeting is held, unless the meeting is held outside represents at the meeting.
the meeting schedule, in which the meeting materials can be 4. Committee members who are unable to attend may submit
delivered before the meeting is held. opinions and provide voting rights in writing, signed, and
6. If necessary, the Committee may independently hold a submitted to the Committee Chairperson or Commissioner
Technical Meeting to conduct technical in-depth studies on leading the meeting. Such voting rights are considered valid
the material to be discussed in the Committee Meeting by and become part of the decision-making process at the
inviting related parties. meeting.
5. If the number of votes for and against is the same, then the
Meeting Quorum decision making is postponed and reviewed. If after review,
A Committee meeting is valid if it is attended and/or represented the number of votes agreeing and disagreeing is the same,
by more than 1/2 (one-half) of the total number of Committee then the decision making will be determined by the meeting
members. leader.
6. The meeting leader conveys conclusions and decisions at the
Meeting participants end of each meeting.
1. Each member of the Committee is required to attend at least 7. Every meeting decision is binding on all Committee members.
75% (seventy five percent) of meetings in one year. 8. The Committee may also take valid decisions without
2. Committee meetings may invite other Committees, Directors, holding a meeting, provided that all members of the Board
Officers, and Employees of the Company or invitees from of Commissioners who are in office give their approval by
outside the Company. signing in writing regarding the proposed decision.
3. The Committee Meeting may invite the Management of 9. Each member of the Committee who personally, in any way,
Subsidiaries as proposed through the Integrated Governance directly or indirectly, has an interest in a transaction, contract
Committee. or proposed contract to which the Company is a party must
declare the nature of his interest at a Committee meeting
Meeting Chairman and shall not be entitled to participate in voting on matters
1. The Committee meeting is chaired by the Committee relating to such transaction or contract.
Chairman.
2. In case the Committee Chairperson is absent or prevented Minutes of Meetings
from attending, which does not need to be proven to any 1. The results of the Committee meetings must be stated in the
party, the Committee meeting will be led by a Committee minutes of the meeting.
member from the Board of Commissioners. 2. The minutes of the Committee meeting are valid evidence of
the decisions taken at the meeting in question.
Meeting Call 3. The minutes of the meeting are prepared by the Committee
1. The summons for the Committee meeting is made by the members who are Independent Parties who are present at
Committee Chairman. the meeting.
622 PT Bank Rakyat Indonesia (Persero) Tbk
Page 625
2024 Annual Report
2. The Committee's Service Note in point one above may
4. The minutes of the Committee meeting must be signed by
be accompanied by a draft of an outgoing letter from the
all members of the Committee present and submitted to all
Board of Commissioners and/or an outgoing letter from the
members of the Committee.
Committee to the Board of Directors or Officials one level
5. In case a Committee member does not sign the meeting
below the Company's Board of Directors.
results, the person concerned is required to state the reasons
3. The Committee Service Note must be signed by the
in writing in a separate letter attached to the meeting
Committee Chair and all Committee members.
minutes.
4. The letter from the Board of Commissioners is signed
6. If there is a difference of opinion (dissenting opinion) at
in accordance with the procedures for correspondence
the meeting, it must be stated clearly in the minutes of the
regulated and determined by the Board of Commissioners,
meeting and accompanied by the reasons for the difference
while the letter from the Committee is signed by the
of opinion.
Committee Chairperson and Committee Members from the
7. The minutes of the meeting are well documented by the
Board of Commissioners.
Secretariat of the Board of Commissioners.
5. All outgoing letters from the Board of Commissioners and/
or Committee must be recorded in the Letter Register and
Follow-up to Meeting Results
managed by the Board of Commissioners Secretariat and
1. The results of the Committee meeting decisions are
stored by the Corporate Secretary Division.
conveyed in the Committee's Service Note to the Board of
Commissioners which contains opinions or recommendations
or suggestions in order to assist in carrying out the duties of
the Board of Commissioners.
Risk Management Monitoring Committee Meeting Agenda
Throughout 2024, the implementation dates, meeting agendas, and participants of the Risk Management Monitoring Committee
meetings are as follows.
Table of Risk Management Monitoring Committee Meeting Agenda
No. Meeting Date Meeting Agenda Meeting Participants
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Aspirations and Strategies for Micro Business Segment of 4. Dwi Ria Latifa
1 Tuesday, January 09, 2024
2024 5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Dwi Ria Latifa
2 Tuesday, January 09, 2024 General Policy Discussion on Human Capital
5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Report on BRI DPLK Business Plan Realization Semester II 4. Dwi Ria Latifa
3 Tuesday, January 16, 2024
of 2023 5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
IT Strategic Plan & Enterprise Architecture Overview for 4. Dwi Ria Latifa
4 Tuesday, January 16, 2024
2024 5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
PT Bank Rakyat Indonesia (Persero) Tbk 623
Page 626
Corporate
Governance
No. Meeting Date Meeting Agenda Meeting Participants
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Risk Profile for Quarter IV of 2023, Bank Soundness Level for
4. Dwi Ria Latifa
5 Tuesday, January 23, 2024 Semester II of 2023, and Anti-Fraud Strategy for Semester
5. Heri Sunaryadi
II of 2023
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
Update on Anti-Money Laundering, Counter-Terrorism 3. Rabin Indrajad Hattari
Financing, and Prevention of Financing of Proliferation of 4. Dwi Ria Latifa
6 Tuesday, January 23, 2024
Weapons Of Mass Destruction (AML, CFT, and PFWMD) for 5. Heri Sunaryadi
Semester II of 2023 6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
7 Tuesday, March 06, 2024 Update on Consumer Segment Strategy for 2024 4. Heri Sunaryadi
5. Awan Nurmawan Nuh
6. A. Sigid Sudahno
7. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Dwi Ria Latifa
8 Tuesday, February 27, 2024 Update on Network Transformation - Branch Offices
5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Update on Vintage Analysis of Micro Products (Kupedes and 4. Dwi Ria Latifa
9 Tuesday, February 27, 2024
KUR) 5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Dwi Ria Latifa
10 Tuesday, April 05, 2024 Credit Consultation
5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Approval for the Provision of Funds to Related Parties on 4. Dwi Ria Latifa
11 Tuesday, March 05, 2024
behalf of PT Pegadaian 5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Dwi Ria Latifa
12 Tuesday, February 30, 2024 Risk Profile Q1 2024
5. Heri Sunaryadi
6. Awan Nurmawan Nuh
7. A. Sigid Sudahno
8. Sandra Chalik
624 PT Bank Rakyat Indonesia (Persero) Tbk
Page 627
2024 Annual Report
No. Meeting Date Meeting Agenda Meeting Participants
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
13 Tuesday, April 30, 2024 Credit Consultation
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
14 Tuesday, May 14, 2024 Credit Consultation
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
15 Tuesday, June 4, 2024 Update on Early Fraud Detection
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
16 Tuesday, June 4, 2024 Credit Consultation
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
17 Tuesday, June 11, 2024 Credit Consultation 4. Heri Sunaryadi
5. Awan Nurmawan Nuh
6. A. Sigid Sudahno
7. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Approval for the Provision of Funds to Related Parties on 4. Heri Sunaryadi
18 Tuesday, July 02, 2024
behalf of PT BRI Danareksa Sekuritas 5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Update on BRI's Legal Risk Management Governance and
19 Tuesday, July 9, 2024 4. Awan Nurmawan Nuh
Legal Case Handling
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
20 Thursday, July 18, 2024 Update on BRI E-Channel Governance and Performance
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
PT Bank Rakyat Indonesia (Persero) Tbk 625
Page 628
Corporate
Governance
No. Meeting Date Meeting Agenda Meeting Participants
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
21 Thursday, July 18, 2024 Realization of DPLK Business Plan for Semester I of 2024
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Efforts to Strengthen Risk Management in the Micro 4. Heri Sunaryadi
22 Tuesday, July 30, 2024
Business Segment 5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Risk Profile for Quarter II of 2024, Bank’s Soundness
4. Heri Sunaryadi
23 Tuesday, July 30, 2024 Level for Semester I of 2024, and Anti-Fraud Strategy for
5. Awan Nurmawan Nuh
Semester I of 2024
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
The implementation of the Anti-Money Laundering, 2. Rofikoh Rokhim
Counter-Terrorism Financing, and Prevention of Financing 3. Rabin Indrajad Hattari
of Proliferation of Weapons Of Mass Destruction (AML, 4. Heri Sunaryadi
24 Tuesday, July 30, 2024
CFT, and PFWMD) Program for Semester I of 2024 and 5. Awan Nurmawan Nuh
Implementation of Compliance Function for Semester I of 6. Haryo Baskoro Wicaksono
2024 7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Update on Central Counterparty (CCP) Project for Interest 4. Heri Sunaryadi
25 Tuesday, August 6, 2024
Rate and Exchange Rate Derivative Transactions (SBNT) 5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Update on BRI Regional Office Performance for Semester I 4. Heri Sunaryadi
26 Tuesday, August 6, 2024
of 2024 5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
27 Tuesday, August 13, 2024 Update on Wholesale and Institutional Business Strategy
5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Update on Commercial, Small, and Medium Business 4. Heri Sunaryadi
28 Tuesday, August 13, 2024
Strategy 5. Awan Nurmawan Nuh
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
626 PT Bank Rakyat Indonesia (Persero) Tbk
Page 629
2024 Annual Report
No. Meeting Date Meeting Agenda Meeting Participants
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Heri Sunaryadi
29 Tuesday, August 20, 2024 Update on Top Debtors with High Risk Exposure 4. Awan Nurmawan Nuh
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Heri Sunaryadi
30 Tuesday, August 27, 2024 Credit Consultation 4. Awan Nurmawan Nuh
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
1. Nurmaria Sarosa
2. Rofikoh Rokhim
Evaluation on the Implementation of BRI's Three Lines 3. Heri Sunaryadi
Model: Transfer of Risk & Compliance Unit (URC) Function 4. Awan Nurmawan Nuh
31 Tuesday, October 8, 2024
and Revitalization of Branch Risk & Compliance (BRC) 5. Haryo Baskoro Wicaksono
Function 6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Heri Sunaryadi
4. Awan Nurmawan Nuh
32 Tuesday, October 22, 2024 Risk Profile Q3 2024
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Heri Sunaryadi
Approval of Recovery Plan 2024 - 2025 & Resolution Plan 4. Awan Nurmawan Nuh
33 Tuesday, October 29, 2023
2024 – 2026 5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Update on the Provisions for Writing Off MSME Loan Bills 4. Heri Sunaryadi
34 Tuesday, November 12, 2024 Along with Anticipation of Impacts and Mitigation of 5. Awan Nurmawan Nuh
Implementation Procedures 6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
9. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Update on ESG Implementation and BRI Green Financing
35 Tuesday, November 19, 2024 5. Awan Nurmawan Nuh
Evaluation
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
9. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Approval of BRI DPLK Sustainable Finance Business Plan
36 Tuesday, November 19, 2024 5. Awan Nurmawan Nuh
and Action Plan for 2025
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
9. Cahyo Yuliarso
PT Bank Rakyat Indonesia (Persero) Tbk 627
Page 630
Corporate
Governance
No. Meeting Date Meeting Agenda Meeting Participants
1. Rofikoh Rokhim
2. Rabin Indrajad Hattari
3. Heri Sunaryadi
4. Awan Nurmawan Nuh
37 Tuesday, November 26, 2024 Approval of BRI Risk Appetite for 2025
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Heri Sunaryadi
Approval for the Provision of Funds to Related Parties on
38 Tuesday, December 03, 2024 5. Awan Nurmawan Nuh
behalf of PT BRI Multifinance Indonesia
6. Haryo Baskoro Wicaksono
7. A. Sigid Sudahno
8. Sandra Chalik
9. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Approval for the Provision of Funds to Related Parties on 4. Awan Nurmawan Nuh
39 Tuesday, December 10, 2024
behalf of PT Tower Bersama Infrastructure Tbk 5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Awan Nurmawan Nuh
40 Tuesday, December 10, 2024 Credit Consultation
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
Update on the Preparation of Bad Debt Write-off Policy for 4. Awan Nurmawan Nuh
41 Tuesday, December 10, 2024
Micro, Small, and Medium Enterprises 5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
1. Nurmaria Sarosa
2. Rofikoh Rokhim
3. Rabin Indrajad Hattari
4. Awan Nurmawan Nuh
42 Tuesday, December 10, 2024 Review of 2024 Write-off Budget Realization
5. Haryo Baskoro Wicaksono
6. A. Sigid Sudahno
7. Sandra Chalik
8. Cahyo Yuliarso
628 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Frequency and Attendance Rate of Risk Management Monitoring Committee Meetings
During 2024, the Risk Management Monitoring Committee held 42 (forty-two) meetings. The frequency and level of attendance of each
Committee member are as follows.
Table of Risk Management Monitoring Committee Meeting Attendance Levels
Risk Management Monitoring Committee Meeting
Name Position Attedance Number and Percentage
Number of Meetings Number of Attedance Percentage
Nurmaria Sarosa 1 Chairman / Member 42 41 97,62%
Rofikoh Rokhim 2 Chairman / Member 42 42 100,00%
Rabin Indrajad Hattari Member 42 37 88,10%
Dwi Ria Latifa 3
Member 12 11 91,67%
Heri Sunaryadi Member 42 37 88,10%
Awan Nurmawan Nuh Member 42 42 100,00%
Haryo Baskoro Wicaksono 4
Member 30 29 96,67%
A. Sigid Sudahno Member 42 42 100,00%
Sandra Chalik Member 42 42 100,00%
Cahyo Yuliarso 5
Member 12 12 100,00%
Information:
1
Nurmaria Sarosa served as Chairperson as of March 19, 2024.
2
Rofikoh Rokhim resigned as Chairperson as of March 19, 2024
3
Dwi Ria Latifa resigned from her position as of March 19, 2024
4
Haryo Baskoro Wicaksono started in office as of March 19, 2024
5
Cahyo Yuliarso started in office as of September 9, 2024
Risk Management Monitoring Committee Competence Improvement Program
The RMMC members have competencies in their respective fields with a minimum of five years’ experience in the economic, financial
and/ or banking fields; or a minimum of two years in risk management in the financial and/or banking sector. The professional background
of the members is quite diverse, which includes experience in strategic management, risk management, banking, finance and accounting
thereby ensure the quality of recommendations and opinions for improvements to the Board of Commissioners.
Types of Training and
Time and Place
Name Position Development Materials Organizer
Implementation
Competence/Training
Nurmaria Sarosa 1 Chairman / Member can be seen in the Education and/or Training section of the Board of Commissioners
Rofikoh Rokhim 2
Chairman / Member can be seen in the Education and/or Training section of the Board of Commissioners
Rabin Indrajad Hattari Member can be seen in the Education and/or Training section of the Board of Commissioners
Dwi Ria Latifa 3
Member can be seen in the Education and/or Training section of the Board of Commissioners
Heri Sunaryadi Member can be seen in the Education and/or Training section of the Board of Commissioners
Awan Nurmawan Nuh Member can be seen in the Education and/or Training section of the Board of Commissioners
Haryo Baskoro Wicaksono 4
Member can be seen in the Education and/or Training section of the Board of Commissioners
Risk Management Provision and Online, September 3,
A. Sigid Sudahno Member Corporate University BRI
Refreshment Level 5 batch 3 2024
PT Bank Rakyat Indonesia (Persero) Tbk 629
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Corporate
Governance
Types of Training and
Time and Place
Name Position Development Materials Organizer
Implementation
Competence/Training
Asian Confederation of Institutes of Asian Confederation of
Bali, August 28-29,
Internal Auditors (ACIIA) Regional Institutes of Internal
2024
Conference Auditors
Sandra Chalik Member Training of Trainers, Master Trainers Online, December 6-7,
BRIlian Indah Gemilang
(SKKNI Level 6) 2024
Risk Management Refreshment Level 7, Online, December 18, Bankers Association for
Batch 1 2024 Risk Management
Digital Transformation from Strategy to Online, September 26,
Cahyo Yuliarso 5 Member ACT Consulting
Execution 2024
Information:
1
Nurmaria Sarosa served as Chairperson since March 19, 2024.
2
Rofikoh Rokhim resigned as Chairperson as of March 19, 2024
3
Dwi Ria Latifa resigned from her position as of March 19, 2024
4
Haryo Baskoro Wicaksono started in office since March 19, 2024
5
Cahyo Yuliarso started in office since September 9, 2024
Risk Monitoring Committee Income
Remuneration for committee members from the Board of Commissioners is part of the honorarium given to the Board of Commissioners and
there is no special honorarium for each member of the Committee. The amount of honorarium for Committee members from independent
parties (non-commissioners) is determined by the Board of Commissioners with a maximum amount of 20% of the President Director's salary
and no other income is given apart from the honorarium. This is in accordance with the provisions of the Minister of SOEs Regulation Number
PER-3/MBU/03/2023 dated March 20, 2023 concerning Organs and Human Resources of State-Owned Enterprises State-Owned Enterprises.
Work Program and Duties Implementation of The Risk Management Monitoring Committee In 2024
The implementation of the Committee's activities in 2024 is as follows:
Duties and responsibilities Implementation
No.
Scope Activity Implementation Agenda
1 Recommendation and/or Review of the proposed General Response to the Draft of General
Approval of Risk Management Policy on Risk Management, General Tuesday, March 26, 2024 Policy on Fixed Assets Management &
Policy and Other Policies Policy on Corporate Governance, Procurement
General Policy on Anti-Bribery
Management System, and General Approval of the Proposed General
Wednesday, April 24, 2024
Policy on Fixed Assets Management Risk Management Policy
& Procurement
Response to the Corporate
Monday, July 01, 2024 Governance Policy and Anti-Bribery
Management System
Response to the evaluation
report on the implementation
Tuesday, December 03, 2024
of ISO 37001:2016 Anti-Bribery
Management System 2024
2 Board of Commissioners' Recovery Plan 2024 – 2025 & Approval of Recovery Plan 2024 -
Tuesday, October 29, 2024
approval to be submitted to Resolution Plan 2024 – 2026 2025 & Resolution Plan 2024 – 2026
OJK/LPS/KBUMN
Approval of BRI Risk Appetite for
Tuesday, November 26, 2024
2025
3 Review and Evaluation of Risk Report on Risk Profile for Quarter IV
Tuesday, January 23, 2024 Risk Profile Quarter IV 2023
Profile of 2023
Report on Risk Profile for Quarter I
Tuesday, March 05, 2024 Risk Profile Quarter I 2024
of 2024
Report on Risk Profile for Quarter II
Tuesday, July 30, 2024 Risk Profile Quarter II 2024
of 2024
Report on Risk Profile for Quarter III
Tuesday, October 22, 2024 Risk Profile Quarter III 2024
of 2024
630 PT Bank Rakyat Indonesia (Persero) Tbk
Page 633
2024 Annual Report
Duties and responsibilities Implementation
No.
Scope Activity Implementation Agenda
4 Review and Evaluation of the Report on the Bank’s Soundness
Bank’s Soundness Level Semester II
Bank’s Soundness Level Level Assessment for Semester II Tuesday, January 23, 2024
of 2023
of 2023
Report on the Bank’s Soundness
Bank’s Soundness Level for Semester
Level Assessment for Semester I of Tuesday, July 30, 2024
I of 2024
2024
5 Evaluation of Anti Fraud Report on Anti Fraud Strategy
Anti Fraud Strategy for Semester II
Strategy Implementation Implementation for Semester II of Tuesday, January 23, 2024
of 2023
2023
Implementation of Anti-Fraud Anti Fraud Strategy for Semester I
Tuesday, July 30, 2024
Strategy for Semester I of 2024 of 2024
6 Review and Evaluation of Implementation of the Anti-Money
Update on Anti-Money Laundering,
the Implementation of the Laundering, Counter-Terrorism
Counter-Terrorism Financing,
Anti-Money Laundering, Financing, and Prevention of
and Prevention of Financing of
Counter-Terrorism Financing, Financing of Proliferation of Monday, July 01, 2024
Proliferation of Weapons Of Mass
and Prevention of Financing Weapons Of Mass Destruction (AML,
Destruction (AML, CFT, and PFWMD)
of Proliferation of Weapons Of CFT, and PFWMD) Program for
for Semester II of 2023
Mass Destruction (AML, CFT, Semester II of 2023
and PFWMD) Programs
Implementation of the Anti-Money Implementation of the Anti-Money
Laundering, Counter-Terrorism Laundering, Counter-Terrorism
Financing, and Prevention of Financing, and Prevention of
Financing of Proliferation of Monday, July 01, 2024 Financing of Proliferation of Weapons
Weapons Of Mass Destruction (AML, Of Mass Destruction (AML, CFT, and
CFT, and PFWMD) Program for PFWMD) Program for Semester I of
Semester I of 2024 2024
7 Discussion and Review of Discussion on Specific Issues Aspirations and Strategies for Micro
Tuesday, December 03, 2024
Thematic Agenda to Ensure Adequacy of Risk Business Segment of 2024
Management Implementation
Discussion on General Policy on
Tuesday, March 26, 2024
Human Capital
IT Strategic Plan & Enterprise
Tuesday, October 29, 2024
Architecture Overview for 2024
Update on Consumer Segment
Tuesday, November 26, 2024
Strategy of 2024
Update on Vintage Analysis of Micro
Tuesday, January 23, 2024
Products (Kupedes and KUR)
Update on Network Transformation -
Tuesday, March 05, 2024
Branch Offices
Tuesday, July 30, 2024 Update on Early Fraud Detection
Update on BRI's Legal Risk
Tuesday, October 22, 2024 Management Governance and Legal
Case Handling
Update on BRI E-Channel Governance
Tuesday, January 23, 2024
and Performance
Efforts to Strengthen Risk
Tuesday, July 30, 2024 Management in the Micro Business
Segment
Update on Central Counterparty
(CCP) Project for Interest Rate
Tuesday, January 23, 2024
and Exchange Rate Derivative
Transactions (SBNT)
Update on BRI Regional Office
Tuesday, August 06, 2024
Performance for Semester I of 2024
Update on Wholesale and
Tuesday, August 13, 2024
Institutional Business Strategy
Update on Commercial, Small and
Tuesday, August 13, 2024
Medium Business Strategy
PT Bank Rakyat Indonesia (Persero) Tbk 631
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Corporate
Governance
Duties and responsibilities Implementation
No.
Scope Activity Implementation Agenda
Update on Top Debtors with High Risk
Tuesday, August 20, 2024
Exposure
Evaluation on the Implementation
of BRI's Three Lines Model: Transfer
Tuesday, October 08, 2024 of Risk & Compliance Unit (URC)
Function and Revitalization of Branch
Risk & Compliance (BRC) Function
Update on the Provisions for Writing
Off MSME Loan Bills Along with
Tuesday, November 12, 2024
Anticipation of Impacts and Mitigation
of Implementation Procedures
Update on ESG Implementation and
Tuesday, November 19, 2024
Evaluation on BRI Green Financing
Update on the Preparation of Bad
Tuesday, December 10,
Debt Write-off Policy for Micro, Small,
202c 4
and Medium Enterprises
Review of 2024 Write-off Budget
Tuesday, December 10, 2024
Realization
8 Credit Consultation from Consultation on New Loan Facility Tuesday, March 13, 2024 Credit Consultation
the Board of Directors to the and/or Supplement with Total
Board of Commissioners Individual Risk Exposure of More Tuesday, April 30, 2024 Credit Consultation
than One Trillion Rupiah
Tuesday, May 14, 2024 Credit Consultation
Tuesday, June 04, 2024 Credit Consultation
Tuesday, June 11, 2024 Credit Consultation
Tuesday, August 27, 2024 Credit Consultation
Tuesday, December 10, 2024 Credit Consultation
9 Approval for the Provision of Approval for the Provision of Approval for the Provision of Funds
Facilities/ Provision of Funds Facilities/ Provision of Funds to Tuesday, April 30, 2024 to Related Parties on behalf of PT
to Subsidiaries/ Related Subsidiaries/ Related Parties Pegadaian
Parties
Approval for the Provision of Funds
Tuesday, July 02, 2024 to Related Parties on behalf of PT BRI
Danareksa Sekuritas
Approval for the Provision of Funds for
Tuesday, December 03, 2024
PT Tower Bersama Infrastructure Tbk
Approval for the Provision of Funds
Tuesday, December 10, 2024 to Related Parties on behalf of PT BRI
Multifinance Indonesia
10 Performance Evaluation and Report on the Realization of Report on the Realization of BRI
Implementation of DPLK Business Plan and Approval of the Tuesday, January 16, 2024 DPLK Business Plan for Semester II
Governance Following Year's Business Plan of 2023.
Realization of DPLK Business Plan for
Thursday, July 18, 2024
Semester I of 2024
Approval of BRI DPLK Sustainable
Tuesday, November 19, 2024 Finance Business Plan and Action
Plan for 2025
Integrated Governance Committee Legal Basis of Integrated Governance Committee
The Integrated Governance Committee (IGC) is one of the 1. OJK Regulation Number 18/ POJK.03/2014 dated November
committees that assists the Board of Commissioners and has 18, 2014 concerning the Implementation of Integrated
the duties and responsibilities in evaluating and ensuring that Governance for Financial Conglomerates and Financial
the implementation of governance is in accordance with the Services Authority Regulation Number 17/ POJK.03/2014
principles of GCG in the Company’s financial conglomerates. dated November 19, 2014 concerning Implementation of
Integrated Risk Management for Financial Conglomerates
632 PT Bank Rakyat Indonesia (Persero) Tbk
Page 635
2024 Annual Report
2. OJK Regulation no. 33/POJK.4/2014 dated December 8, 6. OJK Circular Letter Number 13/SEOJK.03/2017 dated March
2014 concerning Directors and Board of Commissioners of 17, 2017 concerning Implementation of Governance for
Issuers or Public Companies Commercial Banks.
3. OJK Regulation Number 17 of 2023 dated September 7. Minister of State-Owned Enterprises Regulation No. PER-2/
14, 2023 concerning Implementation of Governance for MBU/03/2023 dated March 3, 2023 concerning Guidelines
Commercial Banks. for Governance and Significant Corporate Activities of
4. The OJK Regulation Circular Letter Number 14/ StateOwned Enterprises.
SEOJK.03/2015 dated May 25, 2015 concerning the 8. Minister of State-Owned Enterprises Regulation No. PER-3/
Implementation of Integrated Risk Management for Financial MBU/03/2023 dated March 20, 2023 concerning Organs and
Conglomerates. Human Resources of State-Owned Enterprises.
5. The OJK Regulation Circular Letter Number 15/ 9. Articles of Association of PT. Bank Rakyat Indonesia (Persero)
SEOJK.03/2015 dated May 25, 2015 concerning the Tbk. along with its changes.
Implementation of Integrated Governance for Financial
Conglomerates.
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
Introduction
Chapter I 1.1 Legal Basis
1.2 General Definition
Company Values, Organizational Structure, and Code of Ethics
2.1 Company Values
Chapter II
2.2 Organizational Structure and Membership
2.3 Code of Ethics
Guidelines and Work Procedures of Integrated Governance Committee
3.1 Goals, Authorities, Duties and Responsibilities
3.2 Appointment of Committee Members, Term of Office, and Working Time
Chapter III 3.3 Meetings
3.4 Reports
3.5 Communication Protocol
3.6 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 2024, the positions of Chairperson and Members of the Integrated Governance Committee were established through the following:
1. Board of Commissioners Decree Number 11-KOM/BRI/10/2023, dated October 3, 2023, regarding the Appointment of the Chairperson
and Members of the Integrated Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
2. Board of Commissioners Decree Number 03a-KOM/BRI/03/2024, dated March 19, 2024, regarding the Appointment of the
Chairperson and Members of the Integrated Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
3. Board of Commissioners Decree Number 12-KOM/BRI/03/2023, dated September 7, 2024, regarding the Appointment of the
Chairperson and Members of the Integrated Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
4. Board of Commissioners Decree Number 15-KOM/BRI/11/2024, dated November 11, 2024, regarding the Composition of the
Integrated Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk.
PT Bank Rakyat Indonesia (Persero) Tbk 633
Page 636
Corporate
Governance
4. Obtain opinion regarding the implementation of Integrated
Duties and Responsibilities of Integrated
Governance, at least including the implementation of
Governance Committee
risk management, internal control, and implementation
of compliance functions from members of the financial
The Integrated Governance Committee assists the Board of
conglomerate and/or professional parties outside the
Commissioners to carry out its duties and responsibilities in
Company through discussion forums and/or meetings at the
evaluating and ensuring comprehensive and effective governance
technical level.
by implementing the principles of transparency, accountability,
5. Carry out other authorities granted by the Board of
responsibility, independency or professionalism, and fairness in
Commissioners as long as they do not conflict with applicable
an integrated manner within the Financial Conglomerate.
laws and regulations.
The Committee is tasked with assisting the Board of
Commissioners in carrying out supervisory duties with regard to: Integrated Governance Committee Term of
1. Conduct evaluation of Integrated Governance policies; Office
2. Conduct monitoring and evaluation of BRI or its Subsidiary
Company’s compliance on Integrated Governance policies; The term of office of members of the Integrated Governance
3. Conduct an evaluation of the implementation of Integrated Committee may not be longer than the term of office of the
Governance, at least through an assessment of the adequacy Board of Commissioners as regulated in the Company’s Articles
of internal control and the implementation of integrated of Association and can only be re-elected for 1 (one) subsequent
compliance functions; period, without prejudice to the Board of Commissioners’ right to
4. Provide recommendations to the Board of Commissioners/ dismiss them at any time.
Supervisory Board for the improvement of Integrated
Governance policies; Governance Committee Structure, Membership
5. Conduct communication with business units for functions and Expertise Integrated Manage
including Internal Audit, legal and compliance, finance
and Risk Management, human resources and aspects The Committee is under the coordination of main entity Board
of operational business functions as required, to obtain of Commissioners and structurally responsible to the Main Entity
information, clarification, and request reports as required in Board of Commissioners. The Committee is led by Independent
an integrated manner; Commissioner that serves as Chairman in one of BRI committees.
6. Carry out monitoring and evaluation of the implementation To carry out daily tasks, the Committee could be assisted by the
of other Integrated Governance functions in accordance with Staff and/or Secretary of the Integrated Governance Committee,
the provisions of laws and regulations, articles of association, who may come from the Bank’s internal and external circles.
and/or GMS/Ministerial Decisions; and
7. Carry out other authorities, duties, and responsibilities The membership of the Integrated Governance Committee is
related to its functions. regulated as follows:
1. Committee members consist of at least one Commissioner
Authority of Integrated Governance Committee from each member of the BRI financial conglomerate, an
independent party and a member of the Sharia Supervisory
The Board of Commissioners grants authority to the Committee Board.
within the scope of the Committee’s responsibilities to: 2. Members of the Committee shall at least consist of:
1. Obtain data and information support from the Management a. An Independent Commissioner from the Main Entity as
of the Main Entity and/or Subsidiary Entities for matters chairman concurrently a member;
related to the implementation of its duties. b. Independent Commissioner of each member of the BRI
2. Provide opinions and recommendations to the Board of Financial Conglomerate as a member;
Commissioners of the Main Entity in order to improve c. An Independent Party who has expertise according to the
internal control functions, compliance functions, and the needs of the Integrated Governance Committee;
implementation of integrated risk management. d. Member of the Sharia Supervisory Board of BRI Syariah as
3. Conduct communication with business units for functions a member;
including Audit, Compliance, Finance, Risk Management, e. The number and composition of Independent
Human Resources and Operational Function Aspects of the Commissioners who were members of the Integrated
business as needed, to obtain information and clarification Governance Committee are adjusted to the needs of
and request reports as needed in an integrated manner. 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.
634 PT Bank Rakyat Indonesia (Persero) Tbk
Page 637
2024 Annual Report
Period January 1, 2024 – March 18, 2024
No. Name Position Expertise Description
Deputy President Commissioner/ Independent
1 Rofikoh Rokhim Chairman Finance, Economics, Management
Commissioner BRI
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management Independent Commissioner BRI
3 Hendrikus Ivo Member Law, Banking, Audit Independent Commissioner BRI
4 Dwi Ria Latifa Member Law, Social Politics, Regulation Independent Commissioner BRI
Capital Market, Technology,
5 Heri Sunaryadi Member Independent Commissioner BRI
Management
6 Paripurna Poerwoko Sugarda Member Law, Social Politics, Management Independent Commissioner BRI
7 Tedi Nurhikmat Member Banking, Risk Management Independent Party BRI
8 Bardiyono Wiyatmojo Member Banking, Audit Independent Party BRI
9 Bintoro Nurcahyo Member Accounting, Management Independent Party BRI
10 Eko B Supriyanto Member Economics, Management Independent Commissioner Bank Raya Indonesia
Independent Commissioner PT BRI Asuransi
11 Ayahanita K. Member Audit, Law
Indonesia
Member of the Sharia Supervisory Board of BRI
12 Abdul Ghoni Member Sharia, Management
Asuransi Indonesia
13 Eko Wahyudi Member Banking, Management Independent Commissioner BRI Life Insurance
Member of the Supervisory Board of BRI Life
14 Muhammad Hidayat Member Law, Sharia
Insurance
15 Sumihar Manullang Member Accounting, Management Independent Commissioner BRI Danareksa Sekuritas
16 Sumantri Suwarno Member Economics, Management Independent Commissioner BRI Multifinance
17 Agoosh Yoosran Member Business, Management Indonesia
18 Yudi Priambodo Purnomo Sidi Member Economics, Management Independent Commissioner BRI Ventura Investama
19 Muhammad Cholil Nafis Member Sharia, Management Independent Commissioner Pegadaian
Chairman of the Sharia Supervisory Board of
20 Nurhaida Member Banking, Management
Pegadaian
Independent Commissioner of PT BRI Manajemen
21 Kahlil Rowter Member Economics, Management
Investasi
Period March 19, 2024 – September 8, 2024
No. Name Position Expertise Description
1 Paripurna Poerwoko Sugarda Chairman Law, Social Politics, Management President Commissioner BRI
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management President Commissioner BRI
Vice President Commissioner/ Independent
3 Rofikoh Rokhim Member Finance, Economics, Management
Commissioner BRI
4 Dwi Ria Latifa Member Law, Social Politics, Regulation Independent Commissioner BRI
5 Heri Sunaryadi Member Capital Market, Technology, Management Independent Commissioner of BRI
Governance, Risk, and Compliance (GRC),
6 Haryo Baskoro Wicaksono Member Independent Commissioner of BRI
Management
7 Tedi Nurhikmat Member Banking, Risk Management Independent Party of BRI
8 Bardiyono Wiyatmojo Member Banking, Audit Independent Party of BRI
PT Bank Rakyat Indonesia (Persero) Tbk 635
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Corporate
Governance
No. Name Position Expertise Description
Independent Commissioner of Bank Raya
9 Eko B Supriyanto Member Economics, Management
Indonesia
Independent Commissioner of PT BRI
10 Ayahanita K. Member Audit, Law
Asuransi Indonesia
Sharia Supervisory Board of PT BRI Asuransi
11 Abdul Ghoni Member Sharia, Management
Indonesia
Independent Commissioner of
12 Eko Wahyudi Member Banking, Management
PT Asuransi BRI Life
Sharia Supervisory Board of
13 Mohammad Hidayat Member Law, Sharia
PT Asuransi BRI Life
Independent Commissioner of
14 Donsuwan Simatupang Member Investment Banking, Economics
PT BRI Danareksa Sekuritas
Independent Commissioner of
15 Diah Defawati Ade*) Member Social Politics, Management
PT BRI Multifinance Indonesia
Independent Commissioner of
16 Agoosh Yosran Member Business, Management
PT BRI Ventura Investama
17 Yudi Priambodo Purnomo Sidi Member Economics, Management Independent Commissioner of PT Pegadaian
Chairman of the Sharia Supervisory Board of
18 Muhammad Cholil Nafis Member Sharia, Management
Pegadaian
Independent Commissioner of
19 Nurhaida Member Banking, Management
PT Permodalan Nasional Madani
Independent Commissioner of
20 Kahlil Rowter Member Economics, Management
PT BRI Manajemen Investasi
Period September 9, 2024 - November 10, 2024
No. Name Position Expertise Description
1 Paripurna Poerwoko Sugarda Chairman Law, Social Politics, Management Independent Commissioner BRI
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management President Commissioner BRI
3 Rofikoh Rokhim Member Finance, Economics, Management Vice President Commissioner/Independent BRI
4 Dwi Ria Latifa Member Law, Social Politics, Regulation Independent Commissioner BRI
5 Heri Sunaryadi Member Capital Market, Technology, Management Independent Commissioner BRI
Governance, Risk, and Compliance (GRC),
6 Haryo Baskoro Wicaksono Member Independent Commissioner BRI
Management
7 Tedi Nurhikmat Member Banking, Risk Management Independent Party BRI
8 Tjondro Prabowo Member Banking, Pension Fund Independent Party BRI
Independent Commissioner of
9 Johanes Kuntjoro Adisardjono Member Finance, Risk Management
PT Bank Raya Indonesia
Independent Commissioner of
10 Ayahanita K. Member Audit, Law
PT BRI Asuransi Indonesia
Sharia Supervisory Board of
11 Abdul Ghoni Member Sharia, Management
PT BRI Asuransi Indonesia
Independent Commissioner of
12 Eko Wahyudi Member Banking, Management
PT Asuransi BRI Life
Sharia Supervisory Board of
13 Mohammad Hidayat Member Law, Sharia
PT Asuransi BRI Life
Independent Commissioner of
14 Donsuwan Simatupang Member Investment Banking, Economics
PT BRI Danareksa Sekuritas
636 PT Bank Rakyat Indonesia (Persero) Tbk
Page 639
2024 Annual Report
No. Name Position Expertise Description
Independent Commissioner of
15 Diah Defawati Ade Member Social Politics, Management
PT BRI Multifinance Indonesia
Independent Commissioner of
16 Agoosh Yosran Member Business, Management
PT BRI Ventura Investama
17 Yudi Priambodo Purnomo Sidi Member Economics, Management Independent Commissioner of PT Pegadaian
Head of the Sharia Supervisory Board of
18 Muhammad Cholil Nafis Member Sharia, Management
Pegadaian
Independent Commissioner of
19 Nurhaida Member Banking, Management
PT Permodalan Nasional Madani
Independent Commissioner of
20 Kahlil Rowter Member Economics, Management
PT BRI Manajemen Investasi
Period November 11, 2024 – December 31, 2024
No. Name Position Expertise Description
1 Paripurna Poerwoko Sugarda Chairman Law, Social Politics, Management Independent Commissioner BRI
2 Kartika Wirjoatmodjo Member Banking, Finance, Risk Management President Commissioner BRI
3 Rofikoh Rokhim Member Finance, Economics, Management Vice President Commissioner/Independent BRI
4 Dwi Ria Latifa Member Law, Social Politics, Regulation Independent Commissioner BRI
5 Heri Sunaryadi Member Capital Market, Technology, Management Independent Commissioner BRI
Governance, Risk, and Compliance (GRC),
6 Haryo Baskoro Wicaksono Member Independent Commissioner BRI
Management
7 Tedi Nurhikmat Member Banking, Risk Management Independent Commissioner BRI
8 Tjondro Prabowo Member Banking, Pension Fund Independent Party BRI
9 Maria Ulpah Member Finance, Risk Management Independent Party BRI
10 Johanes Kuntjoro Adisardjono Member Banking, Management Independent Party BRI
Independent Commissioner
11 Ayahanita K. Member Audit, Law
PT Bank Raya Indonesia
Independent Commissioner
12 Abdul Ghoni Member Sharia, Management
PT BRI Asuransi Indonesia
Sharia Supervisory Board
13 Eko Wahyudi Member Banking, Management
PT BRI Asuransi Indonesia
Independent Commissioner
14 Mohammad Hidayat Member Law, Sharia
PT Asuransi BRI Life
Sharia Supervisory Board
15 Donsuwan Simatupang Member Investment Banking, Economics
PT Asuransi BRI Life
Independent Commissioner
16 Diah Defawati Ade Member Social Politics, Management
PT BRI Danareksa Sekuritas
Independent Commissioner
17 Agoosh Yosran Member Business, Management
PT BRI Multifinance Indonesia
Independent Commissioner
18 Yudi Priambodo Purnomo Sidi Member Economics, Management
PT BRI Ventura Investama
19 Muhammad Cholil Nafis Member Sharia, Management Independent Commissioner PT Pegadaian
20 Nurhaida Member Banking, Management Sharia Supervisory Board PT Pegadaian
Independent Commissioner
21 Kahlil Rowter Member Economics, Management
PT Permodalan Nasional Madani
PT Bank Rakyat Indonesia (Persero) Tbk 637
Page 640
Corporate
Governance
Profile of Integrated Governance Committee
The profiles of the Integrated Governance Committee Members
as of December 31, 2024 are as follows:
Paripurna Poerwoko Sugarda Dwi Ria Latifa
Chairman/VIndependent Commissioner Member/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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
Kartika Wirjoatmodjo Heri Sunaryadi
Member/President Commissioner Member/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 and The period and term of office have been attached to the period and
term of office of the Board of Commissioners term of office of the Board of Commissioners
Rofikoh Rokhim Haryo Baskoro Wicaksono
Member/Vice President Commissioner/Independent Member/Independent Commissioner
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 and
The period and term of office have been attached to the period and term of office of the Board of Commissioners
term of office of the Board of Commissioners
EDUCATIONAL BACKGROUND
• Bachelor of Resource Economics, Bogor Agricultural University (1989)
• MBA (Exchange) International Finance & Marketing, University of Washington, Seattle, USA (1997)
• MBA Banking and Finance International, University of Japan (1998)
WORK EXPERIENCE
• Vice President Consumer Risk Scoring, Bank Mandiri (2004 – 2007)
• Vice President Enterprise Risk Management, Bank Mandiri (2007 – 2010)
• Senior Vice President Credit Risk and Portfolio Management, Bank Mandiri (2010 – 2018)
• Senior Vice President Mandiri University Group, Bank Mandiri (2018 – 2021)
• Member of Integrated Governance Committee / Independent Party BRI (2021 – present)
CERTIFICATION
• Risk Management Certification Level VII (BNSP)
• Risk Management Competency Assessor Certification Level V (BNSP)
Tedi Nurhikmat • Learning Value Chain Certification
Member of Integrated Governance • Risk Management Trainers – BSMR GAARP
Committee/ Independent Party of BRI LEGAL BASIS FOR APPOINTMENT
Indonesian citizen, born in Bogor
Decree of the BRI Board of Commissioners Number 10-KOM/BRI/12/2021 dated December 28,
in 1965. Age 59 years as of December
2021 concerning the Composition of Membership of the Integrated Governance Committee of
2024. Domiciled in Bogor.
PT Bank Rakyat Indonesia (Persero) Tbk
PERIOD OF OFFICE
Period I
TERM OF OFFICE
December 28, 2021 – present
CONCURRENT POSITIONS
None
638 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
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
• Lecturer, Department of Management, Faculty of Economics and Business, University of Indonesia
(2008 – present)
• Teaching Assistant, Graduate Diploma of Business Administration (GDBA) and Undergraduate
programme, School of Business, University of Birmingham, United Kingdom (2011 – 2015)
• Consultant, TA 8224 The Implementation of Value Chain Methodology on Tuna Fisheries in Nangroe
Aceh Darussalam, Asian Development Bank (2014 – 2016)
• Member of Audit Committee of PT Pos Indonesia (2015 – 2018)
• Head of Staff Team of Master of Management Program, Faculty of Economics and Business,
University of Indonesia (2015 – 2018)
Maria Ulpah • Research Consultant, UKM Centre, Faculty of Economics and Business, University of Indonesia
(2018 – present)
Member of Integrated Governance
• Deputy of Risk Management Unit, University of Indonesia (2018 – 2020)
Committee/ Independent Party of BRI
• Member of Risk Management and Governance Committee of PT Hutama Karya (Persero)
Indonesian citizen, born in Purwakarta in (2019 – 2024)
1981. Age 43 years as of December 2024. • Head of Undergraduate Program, Department of Management, Faculty of Economics and Business,
Domiciled in Depok. University of Indonesia (2020 – 2024)
• Member of Integrated Governance Committee / Independent Party of BRI (2024 – present)
CERTIFICATION
• Deputy Investment Manager
• Certified Risk Management Professional (CRMP)
• Enterprise Risk Management Certified Professional (ERMCP)
LEGAL BASIS FOR APPOINTMENT
Decree of the Board of Commissioners of BRI Number 15-KTKT/BRI/11/2024 dated November 11,
2024, concerning the Composition of the Integrated Governance Committee.
PERIOD OF OFFICE
Period I
TERM OF OFFICE
November 11, 2024 – 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)
PT Bank Rakyat Indonesia (Persero) Tbk 639
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Governance
EDUCATIONAL BACKGROUND
• Bachelor of Agricultural Socioeconomics, Bogor Agricultural University (1989)
• Master of Management – Financial
Management, University of Indonesia (2003)
WORK EXPERIENCE
• VP Asset Liability Management PT Bank Rakyat Indonesia (Persero) Tbk (2017 – 2018)
• VP Custodian Bank and Trust & Corporate Services PT Bank Rakyat Indonesia (Persero) Tbk
(2018 – 2020)
• EVP Investments Services PT Bank Rakyat Indonesia (Persero) Tbk (2020 – 2021)
• Director of Administration of Pelni Pension Fund (2023 - 2024)
• Member of Integrated Governance Committee / Independent Party of BRI (2024 – present)
CERTIFICATION
• Certified Wealth Manager
• Assessment Center Assessor Certification
• Basic Knowledge Certificate in Pension Funds
Tjondro Prabowo
Member of Integrated Governance LEGAL BASIS FOR APPOINTMENT
Committee/ Independent Party of BRI
Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated September 7,
Indonesian citizen, born in Jakarta in
2024 concerning the Composition of Membership of the Integrated Governance Committee
1965. Age 59 years as of December 2024.
of PT Bank Rakyat Indonesia (Persero) Tbk
Domiciled in Jakarta.
PERIOD OF OFFICE
Period I
TERM OF OFFICE
September 07, 2024 – present
CONCURRENT POSITIONS
None
EDUCATIONAL BACKGROUND
• Bachelor of Economics Accounting University of Indonesia (1988)
• Master of Agribusiness University of Bogor Agricultural Institute (1999)
WORK EXPERIENCE
• Finance Director of PT Bahana Artha Ventura (BAV) (2018 – 2018)
• Acting Head of Compliance Division of PT Bank Rakyat Indonesia (Persero) Tbk (2019 – 2019)
• Head of Compliance Division of PT Bank Rakyat Indonesia (Persero) Tbk (2019 - 2020)
• Expert Staff of PT Siaga Abdi Utama (2022-2023)
• Independent Commissioner of PT Bank Raya Indonesia Tbk (2023-present)
CERTIFICATION
• KKNI Certification Qualification 6 Banking Risk Management Fields
• Qualified Internal Auditor (QIA) Certification
• Risk Management Certification Qualification 6
• Banking Compliance Certification (Officer level)
Johanes Kuntjoro Adisardjono • Competency Assessor Certification - Compliance Manager Assessor Certification
Member of the Integrated Governance • Indonesian Institute of Accountants Certification
Committee / Independent Commissioner LEGAL BASIS FOR APPOINTMENT
of PT Bank Raya Indonesia Tbk
Decree of the BRI Board of Commissioners Number 12-KOM/BRI/09/2024 dated September 7,
Indonesian citizen, born in Surakarta in
2024 concerning the Composition of Membership of the Integrated Governance Committee of
1964. Age 60 years as of December 2024.
PT Bank Rakyat Indonesia (Persero) Tbk
Domiciled in Jakarta.
PERIOD OF OFFICE
Periode I
TERM OF OFFICE
September 07, 2024 – present
CONCURRENT POSITIONS
None
640 PT Bank Rakyat Indonesia (Persero) Tbk
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EDUCATIONAL BACKGROUND
• Bachelor of Laws, University of Indonesia (1989)
• Master of Law Specialist (Notary) (2001)
WORK EXPERIENCE
• Group Head PT Bank Rakyat Indonesia (Persero) Tbk Internal Audit Unit Head Office (2016 – 2018)
• Head of SKAI PT Bank BRI Agroniaga Tbk (2019 – 2020)
• Head of Division PT Bank Rakyat Indonesia (Persero) Tbk Audit Standards & Quality Development
Division Head Office (2020)
• Executive Vice President PT Bank Rakyat Indonesia (Persero) Tbk Audit Standards & Quality
Development Division Head Office (2020 – 2021)
• Independent Commissioner PT BRI Asuransi Indonesia (2022 - present)
CERTIFICATION
• Qualified Risk Governance Professional (QRGP)
Ayahanita K
• Certification in Audit Committee Practices (CACP)
Member of Integrated Governance
Committee / Independent Commissioner LEGAL BASIS FOR APPOINTMENT
of PT BRI Asuransi Indonesia
Decree of the BRI Board of Commissioners Number 11-KOM/BRI/10/2023 dated October 3,
Indonesian citizen, born in Jakarta in
2023 concerning the Composition of Membership of the Integrated Governance Committee of
1965. Age 59 years as of December 2024.
PT Bank Rakyat Indonesia (Persero) Tbk
Domiciled in Jakarta.
PERIOD OF OFFICE
Period I
TERM OF OFFICE
October 03, 2023 – present
CONCURRENT POSITIONS
None
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
• Chairman of the Sharia Supervisory Board of PT Asuransi Parolamas (2019 – 2020)
• Permanent Lecturer at Muhammadiyah University of Jakarta (2019 – present)
• Sharia Supervisory Board of PT Asuransi Reliance Indonesia (2020 – present)
• Sharia Supervisory Board of PT Capella Multidana (2021 – present)
• Sharia Supervisory Board of PT BRI Asuransi Indonesia (2021 – present)
CERTIFICATION
None
LEGAL BASIS FOR APPOINTMENT
Abdul Ghoni
Decree of the BRI Board of Commissioners Number 04-KOM/BRI/07/2021 dated July 6, 2021
Member of Integrated Governance
concerning the Composition of Membership of the Integrated Governance Committee of
Committee / Sharia Supervisory Board of
PT Bank Rakyat Indonesia (Persero) Tbk
PT BRI Asuransi Indonesia
Indonesian citizen, born in Tanjungkarang TERM OF OFFICE
in 1977. Age 47 years as of December
Period I
2024. Domiciled in Jakarta.
TERM OF OFFICE
July 06, 2021 – present
JABATAN RANGKAP
• Permanent Lecturer at Muhammadiyah University of Jakarta (2019 – present)
• Sharia Supervisory Board of PT Asuransi Reliance Indonesia (2020 – present)
• Sharia Supervisory Board of PT Capella Multidana (2021 – present)
PT Bank Rakyat Indonesia (Persero) Tbk 641
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Corporate
Governance
EDUCATIONAL BACKGROUND
• Bachelor of Law Education, Atmajaya University, Yogyakarta (1986)
• Master of Agribusiness Management, Gadjah Mada University, Yogyakarta (2005)
WORK EXPERIENCE
• BRI Palembang Regional Head (2018)
• BRI Malang Regional Head (2018 – 2019)
• BRI Surabaya Regional Head (2019)
• Finance Director of Perum Perhutani (2019 – 2021)
• Independent Commissioner of BRI Life (2022 – present)
CERTIFICATION
• Risk Management Certification Level II IBI Perbanas
• Risk Management Certification Level III LSPP BNSP
• Risk Management Certification Level IV BNSP
• Integrated Governance Expert Certification CRGP LSPMR-BNSP
Eko Wahyudi
Member of Integrated Governance LEGAL BASIS FOR APPOINTMENT
Committee / Independent Commissioner
Decree of the BRI Board of Commissioners Number 04-KOM/BRI/07/2021 dated July 6, 2021 concerning
of PT Asuransi BRI Life
the Composition of Membership of the Integrated Governance Committee of PT Bank Rakyat Indonesia
Indonesian citizen, born in Baturaja in (Persero) Tbk
1963. Age 61 years as of December 2024.
Domiciled in South Tangerang. PERIOD OF OFFICE
Period I
TERM OF OFFICE
July 06, 2021 – present
CONCURRENT POSITIONS
None
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
• Sharia and Research Bureau of Bank Muamalat Indonesia (1993-1999)
• Advisor of Bank Muamalat Indonesia (1999-2011)
• Member of the Sharia Supervisory Board of BTN Syariah (2018 - 2023)
• Chairman of the Sharia Supervisory Board of Bank Syariah Mandiri (2019 - 2022)
• Member of the Sharia Supervisory Board of Manulife Syariah (2024 - 2024)
CERTIFICATION
• Sharia Supervisory Board of Sharia Banking
• Sharia Supervisory Board of Sharia Insurance Company
• Sharia Expert of Capital Market
Mohammad Hidayat • DPS Competence
Member of Integrated Governance LEGAL BASIS FOR APPOINTMENT
Committee / Independent Commissioner
of PT Asuransi BRI Life Decree of the BRI Board of Commissioners Number 04-KOM/BRI/07/2021 dated July 6, 2021
Indonesian citizen, born in Jakarta in concerning the Composition of Membership of the Integrated Governance Committee of
1967. Age 57 years as of December 2024. PT Bank Rakyat Indonesia (Persero) Tbk
Domiciled in Jakarta PERIOD OF OFFICE
Period I
TERM OF OFFICE
July 06, 2021 – present
CONCURRENT POSITIONS
None
642 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
EDUCATIONAL BACKGROUND
• Bachelor of Corporate Economics, Parahyangan University (1985)
• Master in Investment Banking, Virginia Polytechnic Institute and State University, USA (1993)
WORK EXPERIENCE
• Director of Commercial PT Bank Rakyat Indonesia (Persero) Tbk (2015 – 2017)
• Director of Micro, Small & Medium Enterprises of PT Bank Rakyat Indonesia (2017)
• Director of Risk Management of PT Bank Rakyat Indonesia (Persero) Tbk (2017 – 2018)
• Director of Institutional Relations of PT Bank Mandiri (Persero) Tbk (2019 – 2020)
• Independent Commissioner of PT BRI Danareksa Sekuritas (2023 – present)
CERTIFICATION
None
LEGAL BASIS FOR APPOINTMENT
Donsuwan Simatupang Decree of the BRI Board of Commissioners Number 03a-KOM/BRI/03/2024 dated March 19,
Member of Integrated Governance 2024 concerning the Composition of Membership of the Integrated Governance Committee of
Committee / Independent Commissioner PT Bank Rakyat Indonesia (Persero) Tbk
of BRI Danareksa Securities
PERIOD OF OFFICE
Indonesian citizen, born in Medan in
1961. Age 63 years as of December 2024. Period I
Domiciled in Jakarta
TERM OF OFFICE
March 19, 2024 – present
CONCURRENT POSITIONS
None
EDUCATIONAL BACKGROUND
Medical Education, Brawijaya University (1992)
WORK EXPERIENCE
• Member of the Indonesian House of Representatives (2004 – 2009)
• Expert Staff to the Coordinating Minister for PM, Coordinating Ministry for PMK RI (2015 – 2019)
• Director of Kasih Sayang Ibu Hospital, Batam (2020 – 2022)
• Commissioner of PT Sinar Energi Utama (2022 – present)
• Independent Commissioner of PT BRI Multifinance Indonesia (2023 – present)
CERTIFICATION
• Financing qualification 6 Financing Fields, Supervision Sub-Field, Financing LSP
• APPI National Seminar, Financing Challenges Amidst Geopolitical and Economic Changes
LEGAL BASIS FOR APPOINTMENT
Diah Defawati Ade
Decree of the BRI Board of Commissioners Number 03a-KOM/BRI/03/2024 dated March 19, 2024
Member of Integrated Governance
concerning the Composition of Membership of the Integrated Governance Committee of PT Bank
Committee / Independent Commissioner
Rakyat Indonesia (Persero) Tbk
of PT BRI Multifinance Indonesia
Indonesian citizen, born in Jakarta in PERIOD OF OFFICE
1964. Age 60 years as of December 2024.
Domiciled in Jakarta Period I
TERM OF OFFICE
March 19, 2024 – present
CONCURRENT POSITIONS
Commissioner of PT Sinar Energi Utama (2022 – present)
PT Bank Rakyat Indonesia (Persero) Tbk 643
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Corporate
Governance
EDUCATIONAL BACKGROUND
Bachelor of Economics – Indonesian College of Economics, Finance & Banking (STEKPI) (1995)
WORK EXPERIENCE
• President Director of PT Kalyanamitra Adhara Mahardika (2007 – 2019)
• Director of Corporate Affairs & Corporate Secretary of PT Mahaka Media Tbk (2013 – 2016)
• President Director of PT Republika Media Mandiri (2016 – 2019)
• Commissioner of PT Republika Media Mandiri (2019 – 2020)
• Independent Commissioner of PT BRI Ventura Investama (2020 – present)
CERTIFICATION
-
LEGAL BASIS FOR APPOINTMENT
Agoosh Yosran Decree of the BRI Board of Commissioners Number 11-KOM/BRI/10/2023 dated October 3, 2023
concerning the Composition of Membership of the Integrated Governance Committee of PT Bank
Member of Integrated Governance
Rakyat Indonesia (Persero) Tbk
Committee / Independent Commissioner
of BRI Ventura Investama
PERIOD OF OFFICE
Indonesian citizen, born in Jakarta in
1969. Age 55 years as of December 2024. Period I
Domiciled in Jakarta
TERM OF OFFICE
October 03, 2023 – present
CONCURRENT POSITIONS
None
644 PT Bank Rakyat Indonesia (Persero) Tbk
Page 647
2024 Annual Report
EDUCATIONAL BACKGROUND
• Bachelor of Business Management, Pancasila University (1989)
• Master of International Business, Gadjah Mada University (2000)
• Doctor of Business Management, Brawijaya University (2019)
WORK EXPERIENCE
• Vice President of Audit Standard and Quality Development, PT Bank Rakyat Indonesia (Persero) Tbk
(2019 – 2020)
• Member of YKP BRI Supervisory Board (2019 – 2022)
• Competency Assessor LSP-PM Capital Market Professional Certification Institute (LSP-PM)
(2019 – present)
• Vice President of Regional Audit Jakarta 2, PT Bank Rakyat Indonesia (Persero) Tbk (2020)
• Vice President of Regional Office Jakarta 2, PT Bank Rakyat Indonesia (Persero) Tbk (2020 – 2021)
• Senior Vice President of Regional Audit Manado, PT Bank Rakyat Indonesia (Persero) Tbk
(2021 – 2022)
Yudi Priambodo Purnomo Sidi • Independent Commissioner of PT Pawnshop (2022 - present)
Member of Integrated Governance
Committee / Independent Commissioner CERTIFICATION
of PT Pegadaian • Qualified Internal Audit (QIA), YPIA
Indonesian citizen, born in Jakarta in • Certified Enterprise Risk Governance (CERG), ERMA
1966. Age 57 years as of December 2024. • Governance Risk Compliance Professional (GRCP), OCEG
Domiciled in Jakarta • Banking Risk Management Level 4, Banking LSP
• Training Methodology Qualification Competency Certification Scheme 3, National Training
and Instructor LSP
• Banking Risk Management Level 3, Banking LSP
• Bank Internal Audit Audit Supervisor Level, Banking LSP
• Certified Risk Professional for Risk Management, LSP Capital Markets
• Certified Securities Analyst for Securities Analysis, LSP Capital Markets
• Certified Investment Banker for Investment banking, LSP Capital Markets
• Certified Wealth Manager (CWM), ICWMA
• Workplace Assessment Competency Assessor, BNSP
• Certified Financial Planner (CFP), FPSB
• Bank Risk Management Level 2, LSP Banking
• Level 1 Risk Management, BSMR
LEGAL BASIS FOR APPOINTMENT
Decree of the BRI Board of Commissioners Number 08-KOM/BRI/09/2022 dated September 6, 2022
concerning the Composition of Membership of the Integrated Governance Committee of PT Bank
Rakyat Indonesia (Persero) Tbk
PERIOD OF OFFICE
Period I
TERM OF OFFICE
September 06, 2022 – present
CONCURRENT POSITIONS
Capital Market Certification Institution (LSP PM) Assessor (2019 – present)
PT Bank Rakyat Indonesia (Persero) Tbk 645
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Corporate
Governance
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 in Islamic Economics and Finance, Postgraduate Program, University of Indonesia
(2005 – present)
• Lecturer at Al Hikam Al Qur'an College, Depok (2011 – present)
• Chairman of the Sharia Supervisory Board of Pegadaian (2011 – present)
• Sharia Supervisory Board of Kresna Multi Finance (2012 – present)
• Sharia Financial Services Development Group of OJK (2013 – 2017)
• Sharia Supervisory Board of ACE Life Assurance (2013 – present)
• Secretary of the Middle Eastern and Islamic Studies Study Program, University of Indonesia
Muhammad Cholil Nafis (2014 – 2017)
Member of the Integrated Governance • Sharia Supervisory Board of Puskop Syariah DKI Jaya (2014 – present)
Committee / Chairman of the Sharia • Sharia Supervisory Board of Asyki Insurance (2015 – present)
Supervisory Board of Pegadaian
Indonesian citizen, born in Sampang in CERTIFICATION
1975. Age 49 years as of December 2023.
Domiciled in 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
PERIOD OF OFFICE
Period I
TERM OF OFFICE
December 28, 2021 – present
JABATAN RANGKAP
• 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)
646 PT Bank Rakyat Indonesia (Persero) Tbk
Page 649
2024 Annual Report
EDUCATIONAL BACKGROUND
• Bachelor of Textile Chemistry (Bandung Institute of Textile Technology) (1985)
• Master of Business Administration (Indiana University, USA) (1995)
WORK EXPERIENCE
• Chairman of the Capital Market Supervisory Agency (2011 – 2012)
• Chief Executive of the OJK Capital Market Supervisory Board and concurrently member (2012 – 2017)
• Deputy Chairman of the OJK Board of Commissioners as Chairman of the Ethics Committee and
concurrently member (2017 – 2022)
CERTIFICATION
Banking Risk Management Level 5 by the Banking Professional Certification Institute
LEGAL BASIS FOR APPOINTMENT
Decree of the BRI Board of Commissioners Number 11-KOM/BRI/10/2023 dated October 3,
Nurhaida 2023 concerning the Composition of Membership of the Integrated Governance Committee of
PT Bank Rakyat Indonesia (Persero) Tbk
Member of Integrated Governance
Committee / Independent Commissioner PERIOD OF OFFICE
of PNM
Period I
Indonesian citizen, born in Padang Panjang
in 1959. Age 64 years as of December TERM OF OFFICE
2023. Domiciled in Bogor
October 03, 2023 – present
CONCURRENT POSITIONS
None
EDUCATIONAL BACKGROUND
• Bachelor of Economics, University of Indonesia (1988)
• Master of Economics Michigan State University East Lansing, MI, USA (1991)
WORK EXPERIENCE
• Chief Economist Mandiri Sekuritas (2005 – 2006)
• Chief Executive Officer (CEO) Pefindo (2007 – 2010)
• Chief Economist PT Bakrie and Brothers Tbk (2011 – 2013)
• Senior Advisory Real Estate Investment Trusts, AIPEG, Jakarta (2015)
• Chief Economist PT Danareksa (Persero) (2015 – 2018)
• Independent Commissioner PT Danareksa Investment Management (2018 – 2022)
• Senior Advisor Prospera (Australia Indonesia Partnership Economic Development) in the Economic
and Finance Engagement Ar (2018 – present)
• Independent Commissioner PT BRI Investment Management (2022 – present)
CERTIFICATION
Kahlil Rowter
None
Member of Integrated Governance
Committee / Independent Commissioner LEGAL BASIS FOR APPOINTMENT
of PT BRI Investment Management
Decree of the BRI Board of Commissioners Number 05-KOM/BRI/02/2023 dated February 15,
Indonesian citizen, born in Jakarta in
2023 concerning the Composition of Membership of the Integrated Governance Committee of
1964. Age 60 years as of December 2024.
PT Bank Rakyat Indonesia (Persero) Tbk
Domiciled in Jakarta
PERIOD OF OFFICE
Period I
TERM OF OFFICE
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 647
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Corporate
Governance
Educational Qualifications and Work Experience of The Integrated Governance Committee
1. Independent parties that meet the requirements of integrity, 4. Have an adequate understanding of the concept of risk and
competence, financial reputation, and experience. risk control in business activities and internal control of the
2. Independent parties who have knowledge regarding the main company.
entity and subsidiaries, including an understanding of the 5. Independent Commissioner from each member of the BRI
main business activities and main risks of the LJK. Financial Conglomerate as a member.
3. Have an adequate understanding of GCG principles. 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
• Bachelor of Law
Have experience in law, socio-politics and
Paripurna Poerwoko Sugarda Chairman • Master in Law
management
• Doctor of Law
• Bachelor of Accounting Have experience in banking, finance and risk
Kartika Wirjoatmodjo Member
• Master of Business Administration management
• Bachelor of Economics
• Bachelor of Political Science
• Master of Public Finance Have experience in finance, economics and
Rofikoh Rokhim Member
• Master of International & Development management
Economics
• Doctor of Economics
• Bachelor of Law
Have experience in law, socio-politics and
Dwi Ria Latifa Member • Lemhanas Alumni
regulation
• Master of Science
• Bachelor of Agricultural Technology Have experience in capital markets, technology,
Heri Sunaryadi Member
• Master of Management and management
• Bachelor of International Relations Have experience in governance, risk
Haryo Baskoro Wicaksono Member
• Master of Economics and Business management, compliance and management
• Bachelor of Economics Resources
• MBA Banking and Finance International Have experience in banking and risk
Tedi Nurhikmat Member
MBA (Exchange) International Finance & management.
Marketing
• Bachelor of Agricultural Socioeconomics
Tjondro Prabowo Member Have experience in banking and management.
• Master of Management
• Bachelor of Economics
Have experience in finance and risk
Maria Ulpah Member • MSc in Finance
management.
• PhD in Finance
• Bachelor of Economics
Johanes Kuntjoro Adisardjono Member Have experience in banking and management
• Master of Agribusiness
• Bachelor of Laws
Ayahanita K. Member Have experience in audit and law.
• Master of Law Specialist (Notary)
• Bachelor of Accounting
Abdul Ghoni Member • Master of Management Have experience in sharia and management.
• Doctor of Islamic Economics
• Bachelor of Laws
Eko Wahyudi Member Have experience in banking and management.
• Master of Agribusiness Management
• Bachelor of Sharia
Mohammad Hidayat Member • Master of Law Have experience in law and sharia.
• Doctor of Islamic Economics and Finance
• Bachelor of Corporate Economics, Have experience in investment banking and
Donsuwan Simatupang Member
• Master in Investment Banking economics.
Diah Defawati Ade Member Medical Education Have experience in socio-politics and management.
Agoosh Yosran Member Bachelor of Economics Have experience in economics and banking
• Bachelor of Business Management
Yudi Priambodo Purnomo Sidi Member • Masters in International Business Have experience in economics and management
• Doctor of Business Management
648 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Name Position Education Work Experience
• Bachelor of Religion
Muhammad Cholil Nafis Member • Master of Religion Have experience in sharia and management
• Ph.D
• Bachelor of Textile Chemistry
Nurhaida Member Have experience in banking and management
• Master of Business Administration
• Bachelor of Economics
Kahlil Rowter Member Have experience in economics and management
• Master of Economics
Integrated Governance Independence The requirements for the independence of KTKT members are:
1. It is not permitted to receive compensation from the Company
To ensure the independence of the implementation of duties and its subsidiaries, or affiliates, except for wages, salaries and
and the provision of views, suggestions and recommendations to other facilities received in connection with the duties carried
the Board of Commissioners, all members of the KTKT have no out as a member of the Integrated Governance Committee.
affiliation with the Directors, other Commissioners or controlling 2. Not permitted to have family or business relationships with
shareholders of BRI and are not shareholders, Commissioners, the Board of Directors and Board of Commissioners.
Directors or employees of companies that have affiliations or 3. Not permitted to have dual positions in the Company and
businesses with BRI. other Companies affiliated with the Bank; And
4. Not permitted to have duties, responsibilities and authority
that give rise to a conflict of interest.
Table of Independence of the Integrated Governance Committee
Independence Aspect PPS KW RR DRL HS HBW TN TP MU JKA
Has no financial relationship with the Board of
√ √ √ √ √ √ √ √ √ √
Commissioners and Directors
Has no affiliation with members of the Board of
Commissioners, members of the Board of Directors, or the √ √ √ √ √ √ √ √ √ √
Major Shareholders of the Issuer or Public Company.
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 affiliation with members of the Board of
Commissioners, members of the Board of Directors, or the √ √ √ √ √ √ √ √ √ √
Major Shareholders of the Issuer or Public Company.
Has no family relationship with the Board of
Commissioners, Directors and/or fellow members of the √ √ √ √ √ √ √ √ √ √
Integrated Governance Committee
Independence Aspect HI BW BN EBS
Has no financial relationship with the Board of Commissioners and Directors √ √ √ √
Has no affiliation with members of the Board of Commissioners, members of the Board of
√ √ √ √
Directors, or the Major Shareholders of the Issuer or Public Company.
Has no family relationship with the Board of Commissioners, Directors and/or fellow members
√ √ √ √
of the Integrated Governance Committee
Information:
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), Hendrikus Ivo (HI) 1, Bardiyono
Wiyatmojo (BW) 3, Bintoro Nurcahyo (BN) 4 Eko B Supriyanto (EBS) 5
Information:
1. Hendrikus Ivo was honorably dismissed in the Annual GMS dated March 1, 2024.
2. Maria Ulpah served since that dated November 11, 2024 up now.
3. Bardiyono Wiyatmojo served since that dated March 19, 2024 up to September 9, 2024
4. Bintaro Nurcahyo served since that dated January 1, 2024 up to March 19, 2024
5. Eko B Supriyanto served since that dated January 1, 2024 up to September 7, 2024
PT Bank Rakyat Indonesia (Persero) Tbk 649
Page 652
Corporate
Governance
Integrated Governance Committee Meeting 3. Committee meetings may invite Other Committees and
Subsidiary Management, submitted through the Integrated
Integrated Governance Committee Meeting Policy Governance Committee.
Arrangements for the Committee meeting are as follows. Meeting Chairperson
1. The Board of Commissioners’ meeting is chaired by the
Meeting Implementation Mechanism Committee Chairperson.
1. Integrated Governance Committee (IGC) is held in accordance 2. In case the Committee Chairperson is unavailable or absent,
with work plan that has been stipulated and in line with need. which does not need to be proven to any party, the Committee
Types of the meeting based on participants are as follows: meeting is chaired by a Committee member from the Board
a. IGC Meeting with Main Entity. of Commissioners.
b. Main Entity IGC Meeting with Subsidiaries. 3. Meetings at the technical level are chaired by one of the IGC
c. Board of Commissioners’ Meeting/Main Entity IGC members from an Independent Party in the Main Entity.
Meeting.
d. Main Entity IGC Meeting with Certain Subsidiaries. Meeting Invitation
e. IGC Technical Meeting (meeting at technical level). 1. The summons of the Committee meeting is made by the
Meetings at the technical level are meetings with Chairman of the Committee.
Committee members from Independent Parties and 2. In case the Chairman of the Committee is unavailable or
Division Heads or officials and/or staff in certain business absent, which does not need to be proven to any party,
unit of the Main Entity and/or Subsidiaries. the summons of the meeting can be conducted by a
2. Committee meetings must be held periodically, minimally 1 member of the Committee, who is a member o the Board of
(one) time in 3 (three) months. Commissioners.
3. Committee meetings may be held at any time upon the 3. The summons of the Committee meeting must be submitted
request of 1 (one) or several members of the Committee by in writing by stating the agenda/event, date, time, and venue
stating the matters to be discussed. of the meeting.
4. Committee meetings are held at the Company’s domicile, or 4. In case a special or extraordinary situation occurs, the
other places within the territory of the Republic of Indonesia Committee can conduct the summons at any tome minimally
or at the Company’s business activity sites, determined by (less than 1 working day) either directly or online.
the Committee. 5. The summons to the IGC meeting at the technical level is
5. Committee meetings may be held online via teleconference signed by the Chairman of the Committee, and the summons
or other electronic media that allows all participants to to the meeting can also be made by related parties, such as
communicate and interact in Committee meetings. BRI Management or Subsidiaries.
6. Committee meeting materials are available and delivered 6. The scheduled IGC Committee meeting is held with a written
to meeting participants no later than 5 (five) working days summon, signed by the chairman of the Committee or a
before the meeting is held, unless the meeting is held member of the Committee from the Board of Commissioners
outside the meeting schedule. The meeting materials can be of the Main Entity. If the Chairman of the Committee is
delivered before the meeting is held. absent, the summons can be signed by two Committee
7. Committee members may attend meetings based on members from the Board of Commissioners. If it is not
invitations from the Audit Committee, Monitoring Committee possible to be signed by two Committee members, the
of Risk Management or other business units related to the invitation can be signed by one Committee member from the
implementation of their duties. Board of Commissioners
8. Committee members may attend meetings based on 7. Summons can be signed using a digital signature by firstly
invitations from external auditors and/or Internal Audit requesting permission from the Board of Commissioners,
Units (SKAI) related to plans and results of examinations of who are authorized to sign.
Subsidiaries and other matters. 8. Summons to the IGC meetings at the technical level are
signed by the Chairman of the Committee, the meeting
Meeting Quorum invitation can also be made by related parties, such as BRI
A Committee meeting is valid if it is attended and/or represented Management or Subsidiaries.
by more than ½ (one half) of the total of Committee members 9. The Committee Meeting must draft meeting agendas, date,
time, and venue of the meeting as well as the attendance list.
Meeting Participants
1. Each member of the Committee must attend minimally 75%
(seventy five percent) of meetings in a year.
2. Committee meetings may invite the Board of Directors,
Officers, and Employees of the Company or invitees from
outside the Company.
650 PT Bank Rakyat Indonesia (Persero) Tbk
Page 653
2024 Annual Report
3. The minutes of the meeting are prepared by members of the
Meeting Resolutions
Committee who are Independent Parties who are present at
1. A meeting is valid and has the right to make binding
the meeting.
resolutions, if it is attended by at least 1/2 (one half) of the
total of the Committee members. 4. In case a member of the Board of Commissioners and/or
2. Recommended resolutions that are formulated in the Board of Directors does not sign the results of the meeting
Committee Meeting are made based on deliberation to reach as referred to in points 2 and 3 above, the said person must
consensus. In case the deliberation to reach consensus does state the reasons in writing in a separate letter attached to
not occur, resolutions are made based on a majority vote. the minutes of the meeting.
3. Each Committee member has 1 (one) vote and an additional 5. If any dissenting opinions in the meeting occur, they must be
1 (one) vote for each Committee member, who is legally clearly stated in the minutes of the meeting and accompanied
represented at the meeting. by the reasons for the dissenting opinion.
4. Committee members, who are unable to attend, may submit 6. The minutes of the Committee meeting are valid evidence of
opinions and cast votes, which are given in writing, signed, and the resolutions taken in the said meeting.
submitted to the Chairman of Committee or Commissioner 7. The results of meetings held at the technical level are stated
chairing the meeting. The voting rights are considered valid in the minutes of the meeting containing important points of
and is an integral part of the decision-making process at the discussion and reported to the Board of Commissioners.
meeting 8. If, based on the meeting results at the Technical Meeting, any
5. In case the number of in favor and against votes are the significant matters requires consideration, the Independent
same, the decision-making process is postponed and Party can recommend to the Chairman of the Committee to
reviewed. If, after being reviewed, the number of in favor and follow up as required, including submitting a recommendation
against votes are the same, the decision-making process is letter to the Board of Directors of the Main Entity. The letter
determined by the Meeting Chairperson. is signed by the Chairman of the Committee, and one of the
6. The Meeting chairperson delivers conclusion at the end of members of the KTKT from the Board of Commissioners of
each meeting. the Main Entity.
7. Each meeting resolution is binding on all Committee 9. The minutes of the meeting are properly documented by the
members. Secretariat of the Board of Commissioners.
8. The Committee may also make valid resolutions, provided
that members of the Board of Commissioner, who are serving Follow-Up on Meeting Results
their term of office, provide approval by singing in writing to 1. The results of the Committee meeting decisions are
the proposed resolutions. submitted in a Committee Service Note to the Board of
9. Every member of the Committee, who personally in any Commissioners containing opinions or recommendations or
means, either directly or indirectly, has an interest in any suggestions in order to assist in the implementation of the
transaction, contract or proposed contract in which the Board of Commissioners' duties.
Company is a party, must declare the characteristics of his/ 2. The Committee Service Note in point one above may be
her interest in a Committee meeting and shall not entitle to accompanied by a draft of the Board of Commissioners'
participate in voting on any matters related to the transaction outgoing letter and/or the Committee's outgoing letter to
or contract. the Board of Directors.
3. The Committee Service Note must be signed by the
Meeting Minutes Committee Chairperson and all members of the Committee.
1. The results of the Committee meeting must be stated in the 4. The Board of Commissioners' letter is conducted by the
minutes of the meeting. correspondence procedures regulated and determined by
2. The minutes of the Committee meeting must be signed by the Board of Commissioners, while the Committee Letter is
all members of the Committee present and submitted to signed by the Committee Chairperson and Members from the
members of the Committee, who have voting rights. Board of Commissioners.
5. All outgoing letters from the Board of Commissioners and/or
the Committee must be recorded in the Letter Register and
administered by the Board of Commissioners' Secretariat and
stored by the Corporate Secretary Division.
PT Bank Rakyat Indonesia (Persero) Tbk 651
Page 654
Corporate
Governance
Integrated Governance Committee Meeting Agenda
Table of Integrated Governance Committee Meeting Agenda
No. Meeting Date Meeting Agenda Meeting Participants
1. Rofikoh Rokhim
2. Hendrikus Ivo
3. Dwi Ria Latifa
4. Heri Sunaryadi
5. Paripurna Poerwoko Sugarda
6. Tedi Nurhikmat
7. Bintoro Nurcahyo
Integrated Risk Profile, Implementation of the
8. Eko B Supriyanto
Integrated Compliance Function, and Adequacy
1 Tuesday, March 5, 2024 9. Ayahanita K.
Assessment of the Integrated Internal Control
10. Abdul Ghoni
Quarter-II of 2023.
11. Eko Wahyudi
12. Muhammad Hidayat
13. Agoosh Yoosran
14. Yudi Priambodo Purnomo Sidi
15. Muhammad Cholil Nafis
16. Nurhaida
17. Kahlil Rowter
1. Rofikoh Rokhim
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-II of 3. Hendrikus Ivo
2023, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
2 Wednesday, March 13, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT Permodalan Nasional Madani 6. Paripurna Poerwoko Sugarda
(PNM). 7. Tedi Nurhikmat
8. Bintoro Nurcahyo
9. Nurhaida
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-II of 3. Rofikoh Rokhim
2023, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
3 Tuesday, March 26, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT BRI Multifinance Indonesia 6. Haryo Baskoro Wicaksono
(BRI Finance) 7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
9. Diah Defawati Ade*)
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-II of 4. Dwi Ria Latifa
2023, Future Strategic Plans, and Implementation 5. Heri Sunaryadi
4 Tuesday, April 02, 2024
of Governance and Supervision of the Board of 6. Haryo Baskoro Wicaksono
Commissioners of PT Pegadaian (Pegadaian). 7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
9. Yudi Priambodo Purnomo Sidi
10. Muhammad Cholil Nafis
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-II of
4. Dwi Ria Latifa
2023, Future Strategic Plans, and Implementation
5. Heri Sunaryadi
5 Tuesday, April 30, 2024 of Governance and Supervision of the Board of
6. Haryo Baskoro Wicaksono
Commissioners of PT BRI Asuransi Indonesia
7. Tedi Nurhikmat
(BRINS).
8. Bardiyono Wiyatmojo
9. Ayahanita K.
10. Abdul Ghoni
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-II of 3. Rofikoh Rokhim
2023, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
6 Tuesday, May 7, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT BRI Danareksa Securities 6. Haryo Baskoro Wicaksono
(BRIDS). 7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
9. Donsuwan Simatupang
652 PT Bank Rakyat Indonesia (Persero) Tbk
Page 655
2024 Annual Report
No. Meeting Date Meeting Agenda Meeting Participants
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-II of
4. Dwi Ria Latifa
2023, Future Strategic Plans, and Implementation
7 Tuesday, May 7, 2024 5. Heri Sunaryadi
of Governance and Supervision of the Board of
6. Haryo Baskoro Wicaksono
Commissioners of PT BRI Manajemen (BRIMI).
7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
9. Kahlil Rowter
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-II of 4. Dwi Ria Latifa
2023, Future Strategic Plans, and Implementation 5. Heri Sunaryadi
8 Tuesday, May 7, 2024
of Governance and Supervision of the Board of 6. Haryo Baskoro Wicaksono
Commissioners of PT Asuransi BRI Life (BRI Life). 7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
9. Eko Wahyudi
10. Mohammad Hidayat
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-II of 3. Rofikoh Rokhim
2023, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
9 Tuesday, May 14, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT Bank Raya Indonesia (Bank 6. Haryo Baskoro Wicaksono
Raya). 7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
9. Eko B Supriyanto
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-II of
4. Dwi Ria Latifa
2023, Future Strategic Plans, and Implementation
10 Tuesday, May 14, 2024 5. Heri Sunaryadi
of Governance and Supervision of the Board of
6. Haryo Baskoro Wicaksono
Commissioners of PT BRI Ventura Investama (BVI).
7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
9. Agoosh Yosran
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
4. Dwi Ria Latifa
11 Tuesday, July 02, 2024 a. Updating Maturity Level BRI Group
5. Heri Sunaryadi
6. Haryo Baskoro Wicaksono
7. Tedi Nurhikmat
8. Bardiyono Wiyatmojo
1. Paripurna Poerwoko Sugarda
2. Rofikoh Rokhim
3. Dwi Ria Latifa
4. Heri Sunaryadi
5. Haryo Baskoro Wicaksono
6. Tedi Nurhikmat
7. Bardiyono Wiyatmojo
8. Eko B Supriyanto
Profil Risiko Terintegrasi, Pelaksanaan Fungsi
9. Ayahanita K.
b. Evaluation on BRI Group’s Kepatuhan Terintegrasi, dan Penilaian Kecukupan
12 10. Abdul Ghoni
Capital Investment Pengendalian Intern Terintegrasi Semester I Tahun
11. Eko Wahyudi
2024.
12. Mohammad Hidayat
13. Donsuwan Simatupang
14. Diah Defawati Ade
15. Agoosh Yosran
16. Yudi Priambodo Purnomo Sidi
17. Muhammad Cholil Nafis
18. Nurhaida
19. Kahlil Rowter
PT Bank Rakyat Indonesia (Persero) Tbk 653
Page 656
Corporate
Governance
No. Meeting Date Meeting Agenda Meeting Participants
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
Updating on Business Conditions for Quarter-I of
3. Dwi Ria Latifa
2024, Future Strategic Plans, and Implementation
4. Heri Sunaryadi
13 Tuesday, September 03, 2024 of Governance and Supervision of the Board of
5. Haryo Baskoro Wicaksono
Commissioners of PT BRI Multifinance Indonesia (
6. Tedi Nurhikmat
BRI Finance).
7. Bardiyono Wiyatmojo
8. Diah Defawati Ade
1. Kartika Wirjoatmodjo
2. Rofikoh Rokhim
3. Dwi Ria Latifa
Update Kondisi Bisnis Semester I Tahun 2024,
4. Heri Sunaryadi
Rencana Strategi Ke depan dan Pelaksanaan Tata
14 5. Haryo Baskoro Wicaksono
Kelola dan Pengawasan Dewan Komisaris PT BRI
6. Tedi Nurhikmat
Asuransi Indonesia (BRINS).
7. Bardiyono Wiyatmojo
8. Ayahanita K.
9. Abdul Ghoni
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-I of
4. Dwi Ria Latifa
2024, Future Strategic Plans, and Implementation
5. Heri Sunaryadi
15 Tuesday, September 03, 2024 of Governance and Supervision of the Board of
6. Haryo Baskoro Wicaksono
Commissioners of PT BRI Asuransi Indonesia
7. Tedi Nurhikmat
(BRINS).
8. Tjondro Prabowo
9. Johanes Kuntjoro Adisardjono
10. Donsuwan Simatupang
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-I of 3. Rofikoh Rokhim
2024, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
16 Tuesday, September 17, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT BRI Danareksa Sekuritas 6. Haryo Baskoro Wicaksono
(BRIDS). 7. Tedi Nurhikmat
8. Tjondro Prabowo
9. Kahlil Rowter
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-I of 3. Rofikoh Rokhim
2024, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
17 Tuesday, October 1, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT Permodalan Nasional Madani 6. Haryo Baskoro Wicaksono
(PNM) 7. Tedi Nurhikmat
8. Tjondro Prabowo
9. Nurhaida
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-I of 3. Rofikoh Rokhim
2024, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
18 Tuesday, October 1, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT BRI Ventura Investama (BRI 6. Haryo Baskoro Wicaksono
Ventures). 7. Tedi Nurhikmat
8. Tjondro Prabowo
9. Agoosh Yosran
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-I of 4. Dwi Ria Latifa
2024, Future Strategic Plans, and Implementation 5. Heri Sunaryadi
19 Tuesday, October 15, 2024
of Governance and Supervision of the Board of 6. Haryo Baskoro Wicaksono
Commissioners of PT Pegadaian (Pegadaian). 7. Tedi Nurhikmat
8. Tjondro Prabowo
9. Yudi Priambodo Purnomo Sidi
10. Muhammad Cholil Nafis
654 PT Bank Rakyat Indonesia (Persero) Tbk
Page 657
2024 Annual Report
No. Meeting Date Meeting Agenda Meeting Participants
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
3. Rofikoh Rokhim
Updating on Business Conditions for Quarter-I of 4. Dwi Ria Latifa
2024, Future Strategic Plans, and Implementation 5. Heri Sunaryadi
20 Tuesday, October 15, 2024
of Governance and Supervision of the Board of 6. Haryo Baskoro Wicaksono
Commissioners of PT Asuransi BRI Life (BRI Life). 7. Tedi Nurhikmat
8. Tjondro Prabowo
9. Eko Wahyudi
10. Mohammad Hidayat
1. Paripurna Poerwoko Sugarda
2. Kartika Wirjoatmodjo
Updating on Business Conditions for Quarter-I of 3. Rofikoh Rokhim
2024, Future Strategic Plans, and Implementation 4. Dwi Ria Latifa
21 Tuesday, October 22, 2024 of Governance and Supervision of the Board of 5. Heri Sunaryadi
Commissioners of PT Bank Raya Indonesia (Bank 6. Haryo Baskoro Wicaksono
Raya). 7. Tedi Nurhikmat
8. Tjondro Prabowo
9. Johanes Kuntjoro Adisardjono
Frequency and Attendance Level of Integrated Governance Committee Meetings
During 2024, the Integrated Governance Committee held 21 (twenty one) meetings. The frequency and level of attendance of each
Committee member’s meeting are as follows.
Table of Attendance at Integrated Governance Committee Meetings
Integrated Governance Committee Meeting
Attedance Number and Percentage
Name Position
Number of
Number of Attedance Percentage
Meeting
Paripurna Poerwoko Sugarda Chairman 21 21 100%
Kartika Wirjoatmodjo Member 21 19 90%
Rofikoh Rokhim Member 21 21 100%
Dwi Ria Latifa Member 21 21 100%
Heri Sunaryadi Member 21 21 100%
Haryo Baskoro Wicaksono Member 19 19 100%
Tedi Nurhikmat Member 21 21 100%
Tjondro Prabowo Member 7 7 100%
Johanes Kuntjoro Adisardjono Member 1 1 100%
Ayahanita K. Member 4 4 100%
Abdul Ghoni Member 4 4 100%
Eko Wahyudi Member 4 4 100%
Mohammad Hidayat Member 4 4 100%
Donsuwan Simatupang Member 3 3 100%
Diah Defawati Ade Member 3 3 100%
Agoosh Yosran Member 4 4 100%
Yudi Priambodo Purnomo Sidi Member 4 4 100%
Muhammad Cholil Nafis Member 4 4 100%
Nurhaida Member 4 4 100%
PT Bank Rakyat Indonesia (Persero) Tbk 655
Page 658
Corporate
Governance
Integrated Governance Committee Meeting
Attedance Number and Percentage
Name Position
Number of
Number of Attedance Percentage
Meeting
Kahlil Rowter Member 4 4 100%
Hendrikus Ivo 1
Member 2 2 100%
Maria Ulpah 2 Member - - -
Bardiyono Wiyatmojo 3 Member 12 12 100%
Bintoro Nurcahyo 4
Member 2 2 100%
Eko B Supriyanto 5 Member 3 3 100%
Information:
1
Mr. Hendrikus Ivo was honorably dismissed in the Annual GMS dated March 1, 2024.
2
Mr. Maria Ulpah served since that dated November 11, 2024 up now.
3
Mr. Bardiyono Wiyatmojo served since that dated March 19, 2024 up to September 9, 2024
4
Mr. Bintaro Nurcahyo served since that dated January 1, 2024 up to March 19, 2024
5
Mr. Eko B Supriyanto served since that dated January 1, 2024 up to September 7, 2024
Integrated Governance Committee Competency Improvement Program
Members of the BRI IGC have competence in their respective fields with a minimum of five years experience. The backgrounds of the
members of BRI’s Integrated Governance Committee are quite diverse, namely experience in the fields of strategic management,
risk management, banking, finance and accounting so that they can guarantee the quality of recommendations and suggestions for
improvement to the Board of Commissioners.
Types of Trainings and Competency/ Time and Place of
Name Position Organizer
Training Development Materials Implementation
Paripurna Poerwoko
Chairman Can be seen in the Education and/or Training section for Board of Commissioners Members
Sugarda
Kartika Wirjoatmodjo Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Rofikoh Rokhim Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Dwi Ria Latifa Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Heri Sunaryadi Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Haryo Baskoro
Member Can be seen in the Education and/or Training section for Board of Commissioners Members
Wicaksono
Asian Confederation of Institutes of Internal Institute of Internal
Tedi Nurhikmat Member Bali, August 28 - 29 2024
Auditors (ACIIA) Regional Conference Auditors Indonesia
Management Short-course on Pension Funds Asosiasi Dana Pensiun
Tjondro Prabowo Member August 13 - 15, 204
Investment Indonesia
Applying Green Energy Finance: Renewable Renewables Academy
Maria Ulpah2 Member Online, October 2024
Energy & Energy Efficiency Berlin
Lembaga Pengembangan
Fit & Proper Test provision Jakarta, February 20-21 2024
Perbankan Indonesia
Bankers Association for
Seminar on Risk Management Alignment Bali, September 18-20 2024
Risk Management
Johanes Kuntjoro Risk & Governance Summit (RGS) 2024
Member
Adisardjono Seminar "Strengthening the GRC Ecosystem
Online, November 26, 2024 Otoritas Jasa Keuangan
in the Financial Sector to Support the Golden
Indonesia 2045 Vision"
International Seminar in the 67th Anniversary
Ikatan Akuntan
entitled "Connecting Sustainability and Economic Jakarta, December 2-4 2024
Indonesia
Resilience: Accountants Navigating the Future"
656 PT Bank Rakyat Indonesia (Persero) Tbk
Page 659
2024 Annual Report
Types of Trainings and Competency/ Time and Place of
Name Position Organizer
Training Development Materials Implementation
How Digital Twins will Help Insurance to Asosiasi Ahli Manajemen
Online, May 30, 2024
Implement and Optimize Operations Asuransi Indonesia
Certification in Audit Committee Practices Ikatan Komite Audit
Jakarta, July 06, 2024
(CACP) 2024 Indonesia
Center for Risk
Ayahanita K Member GRC Summit 2024 _ Leadership for Sustainable
Yogyakarta, August 22-23, 2024 Management &
Impact: GRC, ESG, and SDGs
Sustainability
Webinar on APARI & AAMAI - Carbon Credit Asosiasi Ahli Manajemen
Online, October 16, 2024
Insurance Asuransi Indonesia
OJK Risk & Govermance Summit 2024 Online, November 26, 2024 OJK
Presentation Skills Workshop For IIS Trainers Online, May 4, 2024 Islamic Insurance Society
International Webinar Series On Takagul
Online, June 25, 2024 Islamic Insurance Society
Around The World
Sharia
Abdul Ghoni Supervisory Workshop on Pra-Ijtima’ Sanawi (Pre-Annual
Dewan Syariah Nasional -
Board Meeting) of the Board of Sharia Supervisory Jakarta, September 24, 2024
Majelis Ulama Indonesia
IX of 2024
Ittima’ Sanawi (Annual Meeting) of the Board Dewan Syariah Nasional -
Jakarta, October 29, 2024
of Sharia Supervisory XX of 2024 Majelis Ulama Indonesia
Certified Wealth
International Wealth Management Conference Jakarta, April 24, 2024
Managers Association
Yayasan Pendidikan
The 2-24 Internal Auditor Conference Yogyakarta, July 10-11 2024
Internal Audit
Masterclass Program Series XXIII Life Cycle Lembaga Sertifikasi
Eko Wahyudi Member Assessment (LCA) and Carbon Reduction Bandung July 25-26, 2024 Profesi Manajemen
Strategy Risiko
2 Risk Assessment Technique ISO 31010 Online, August 12-13, 2024 GRC
Lembaga Sertifikasi
National Conference on Risk Management
Bali, December 12-13, 2024 Profesi Manajemen
Professional
Risiko
Training & Courtesy Visit Transaction Banking
KSA Saudi Arabia, February PT Bank Syariah
to Arab Saudi: Training on Murabahah
04 – 12 2024 Indonesia Tbk
Commodity Product
Digital and Risk Management Insurance London, May 15 – 17, 2024 AAJI Pusat
International Webinar Series Takaful Around Jakarta, Islamic Insurance
Mohammad Hidayat Member The World November 6, 2024 Society (IIS)
BSMR Provisioning of the Board of Sharia PT Bank Syariah
Jakarta, July 2-3, 2024
Supervisory Level 4 Indonesia Tbk
Training on Foreign Exchange Transaction for
Jakarta , September 26-27, PT Bank Syariah
the Board of Sharia Supervisory, Indonesia
2024 Indonesia Tbk
University
Donsuwan Simatupang Member - - -
Qualification Financing 6 in the Financing and LSP Pembiayaan
Diah Defawati Ade Member Jakarta, November 27, 2024
Sub-Supervising Sections Indonesia
Qualified Risk Management Professional Jakarta,
Agoosh Yosran Member PPM Manajemen
(QRMP) December 09 – 13, 2024
PT Bank Rakyat Indonesia (Persero) Tbk 657
Page 660
Corporate
Governance
Types of Trainings and Competency/ Time and Place of
Name Position Organizer
Training Development Materials Implementation
Online, February 27, 2024 and Lembaga Sertifikasi
Updating Risk Certification Program Level 6
March 05, 2024 Profesi Perbankan
The 2024 Internal Auditor Conference themed:
Elevating Internal Audit As A Value Driver: Yayasan Pendidikan
Yogyakarta, July 10 – 11, 2024
Achieving Business Resilience in The Era of Internal Audit
Digitalization
Seminar on Operational Risk Management:
Yudi Priambodo PDP Kominfo dan ISACA
Member “Strengthening Cybersecurity and Privacy: Jakarta, September 30, 2024
Purnomo Sidi Indonesia
Navigating the Digital Landscape”
Manchester, December 03 – 06, Alliance Manchester
Digital Marketing Essentials for Leaders
2024 Business School
The 2024 World Anti-Corruption Day:
“Affirming Commitment to Eradicate Hakordia – Corpu PT
Jakarta, December 13, 2024
Corruption for Advanced Indonesia through Pegadaian
Self-Integrity Improvement”
Badan Amil Zakat
National Zakat Driving Scholars Jakarta, February 29, 2024
Nasional
Islamic Law Istinbath System & Bahtsul Masail
Muhammad Cholil Nafis Member Semarang, September 11 – 13
Method for Determining the Beginning of the Islamic Center Semarang
2024
Hijri Month
National Economic Seminar Garut, September 16, 2024 Institut Agama Islam
Onboarding Commissioner Program Batch 7
Jakarta, January 13, 2024 Kementerian BUMN
of 2024
Nurhaida Member
Personal Data Protection Law: Ensuring Asosiasi Profesional
Online, December 18, 2024
Compliance and Operational Readiness Privasi Data Indonesia
The Role of Directors: Duties, Responsibilities Singapore
and Legal Obligations - Executive Singapore, January 7 – 11, 2024 Management
Development Program University
Kahlil Rowter Member
Assessing Strategic Performance: The Board Singapore
Singapore, June 20 – 23, 2024
Level View Executive Development Program Management University
Education and/or Training can be seen in the Education and/or Training section of Members of the Board of
Hendrikus Ivo1 Member
Commissioners.
Refreshment Risk Management Jenjang 6 Online, August 02, 2024 Corporate University BRI
Bardiyono Wiyatmojo3 Member
Asian Confederation of Institutes of Internal Institute of Internal
Bali, August 28 – 29, 2024
Auditors (ACIIA) Regional Conference Auditors Indonesia
Pathway to Chartered Accountant Indonesia BUMN School of
Online, May 16 - July 13, 2024
Program for SOE Excellence - IAI
Refreshing Risk Management Level 6 Online, August 02, 2024 Corporate University BRI
Asian Confederation of Institutes of Internal Institute of Internal
Bali, August 28 – 29, 2024
Bintoro Nurcahyo4 Member Auditors (ACIIA) Regional Conference Auditors Indonesia
How to Prevent Money Laundering and
Online, September 06, 2024 OJK Institute
Terrorism Financing
Semarang, September 12-13, Institute of Internal
Navigating the Global Internal Audit Standards
2024 Auditors Indonesia
658 PT Bank Rakyat Indonesia (Persero) Tbk
Page 661
2024 Annual Report
Types of Trainings and Competency/ Time and Place of
Name Position Organizer
Training Development Materials Implementation
Navigating Country Risk for Sustainable
Growth: Opportunities and Challenges Yogyakarta, December 14 – 15,
LSPMR
“Navigating Country Risk for Sustainable 2024
Growth: Opportunities and Challenges”
Eko B. Supriyanto5 Member
The 2024 Starting Year Forum: Monetary
Stability in the mid of Indonesian Economy
Jakarta, February 01, 2024 Infobank
Dynamic "Securing Financial and Sharia
Industries from Fraud Risk & Cyber Attacks”
Information:
1
Hendrikus Ivo was honorably dismissed in the Annual GMS dated March 1, 2024.
2
Maria Ulpah served since that dated November 11, 2024 up now.
3
Bardiyono Wiyatmojo served since that dated March 19, 2024 up to September 9, 2024
4
Bintaro Nurcahyo served since that dated January 1, 2024 up to March 19, 2024
5
Eko B Supriyanto served since that dated January 1, 2024 up to September 7, 2024
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 2024
No Scope Activity Day & Date Agenda
1 Evaluation of Children’s 1. Evaluating the Wednesday, March 13, Update on Business Conditions for the Second Half
LJK Performance financial and non- 2024 of 2023, Future Strategic Plans, and Implementation
financial performance of Governance and Oversight by the Board of
of Subsidiaries. Commissioners of PT Permodalan Nasional Madani
2. Evaluate business (PNM)
strategies based
on performance Tuesday, March 26, 2024 Update on Business Conditions for the Second Half
achievements based of 2023, Future Strategic Plans, and Implementation
on business sectors of Governance and Oversight by the Board of
(main business) and Commissioners of PT BRI Multifinance Indonesia (BRI
strategic issues in Finance)
Subsidiary Companies
Tuesday, April 02, 2024 Update on Business Conditions for the Second Half
of 2023, Future Strategic Plans, and Implementation
of Governance and Oversight by the Board of
Commissioners of PT Pegadaian (Pegadaian).
Update on Business Conditions for the Second Half
of 2023, Future Strategic Plans, and Implementation
Tuesday, April 30, 2024
of Governance and Oversight by the Board of
Commissioners of PT BRI Asuransi Indonesia (BRINS).
Update on Business Conditions for the Second Half of
2023, Future Strategic Plans, and Implementation of
Tuesday, May 7, 2024
Governance and Oversight by the Board of Commissioners
of PT BRI Danareksa Securities (BRIDS).
Update on Business Conditions for the Second Half
of 2023, Future Strategic Plans, and Implementation
Tuesday, May 7, 2024
of Governance and Oversight by the Board of
Commissioners of PT BRI Manajemen (BRIMI).
PT Bank Rakyat Indonesia (Persero) Tbk 659
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Corporate
Governance
No Scope Activity Day & Date Agenda
Update on Business Conditions for the Second Half
of 2023, Future Strategic Plans, and Implementation
Tuesday, May 7, 2024
of Governance and Oversight by the Board of
Commissioners of PT Asuransi BRI Life (BRI Life).
Update on Business Conditions for the Second Half of
2023, Future Strategic Plans, and Implementation of
Tuesday, May 14, 2024
Governance and Oversight by the Board of Commissioners
of PT Bank Raya Indonesia (Bank Raya).
Update on Business Conditions for the Second Half
of 2023, Future Strategic Plans, and Implementation
Tuesday, May 14, 2024
of Governance and Oversight by the Board of
Commissioners of PT BRI Ventura Investama (BVI).
Update on Business Conditions for the First Half of
2024, Future Strategic Plans, and Implementation
Tuesday, September 03,
of Governance and Oversight by the Board of
2024
Commissioners of PT BRI Multifinance Indonesia ( BRI
Finance).
Update on Business Conditions for the First Half of
Tuesday, September 03, 2024, Future Strategic Plans, and Implementation
2024 of Governance and Oversight by the Board of
Commissioners of PT BRI Asuransi Indonesia (BRINS).
Update on Business Conditions for the First Half of
Tuesday, September 17, 2024, Future Strategic Plans, and Implementation of
2024 Governance and Oversight by the Board of Commissioners
of PT BRI Danareksa Sekuritas (BRIDS).
Update on Business Conditions for the First Half of
Tuesday, September 17, 2024, Future Strategic Plans, and Implementation of
2024 Governance and Oversight by the Board of Commissioners
of PT BRI Manajemen Investasi (BRI MI)
Update on Business Conditions for the First Half of
2024, Future Strategic Plans, and Implementation of
Tuesday, October 1, 2024
Governance and Oversight by the Board of Commissioners
of PT Permodalan Nasional Madani (PNM)
Update on Business Conditions for the First Half of
2024, Future Strategic Plans, and Implementation
Tuesday, October 1, 2024 of Governance and Oversight by the Board of
Commissioners of PT BRI Ventura Investama (BRI
Ventures).
Update on Business Conditions for the First Half of
Tuesday, October 15, 2024, Future Strategic Plans, and Implementation
2024 of Governance and Oversight by the Board of
Commissioners of PT Pegadaian (Pegadaian).
Update on Business Conditions for the First Half of
Tuesday, October 15, 2024, Future Strategic Plans, and Implementation
2024 of Governance and Oversight by the Board of
Commissioners of PT Asuransi BRI Life (BRI Life).
Update on Business Conditions for the First Half of
Tuesday, October 22, 2024, Future Strategic Plans, and Implementation
2024 of Governance and Oversight by the Board of
Commissioners of PT Bank Raya Indonesia (Bank Raya).
660 PT Bank Rakyat Indonesia (Persero) Tbk
Page 663
2024 Annual Report
No Scope Activity Day & Date Agenda
2 Evaluation of the Evaluating the adequacy Tuesday, March 5, 2024 Integrated Risk Profile, Implementation of Integrated
Implementation of of Integrated Internal Compliance Function, and Assessment of Integrated
Integrated Governance Control, Integrated Internal Control Adequacy for the Second Half of 2023.
Functions Compliance Function,
Integrated Risk Tuesday, August 27, 2024 Integrated Risk Profile, Implementation of Integrated
Management, and the Compliance Function, and Assessment of Integrated
Self-Assessment of Internal Control Adequacy for the First Half of 2024.
Integrated Governance
in accordance with
applicable regulations,
as well as testing their
effectiveness.
The Self-Assessment of Wednesday, January 10, Integrated Governance Self-Assessment for the Second
Integrated Governance 2024 Half of 2023
is conducted every
semester Integrated Governance Self-Assessment for the First
Tuesday, July 09, 2024
Half of 2024
Annual Reporting on
Evaluation of Integrated Governance Implementation
Integrated Governance Tuesday, May 31, 2024
in 2023
Implementation (TKT)
3 Strengthening Integrated Coordinating with Friday, July 02, 2024 a. Update on the Maturity Level of BRI Group
Governance Functions relevant business units b. Evaluation of Capital Investment within BRI Group
regarding the Maturity
Level and Capital
Investment of BRI Group
4 Changes and Review of proposed KTKT Changes to KTKT Changes in KTKT Members Based on Board of
appointment of members members from Financial Members through the Commissioners' Decisions:
of the BRI financial Services Institutions Decree of the Board of 1. Decision No. 11-KOM/BRI/10/2023 dated October 3,
conglomerate KTKT (LJK) was conducted four Commissioners on the 2023
times in 2023 date: 2. Decision No. 03a-KOM/BRI/03/2024 dated March
a. October 3, 2023 19, 2024
b. March 19, 2024 3. Decision No. 12-KOM/BRI/03/2023 dated
c. September 7, 2024 September 7, 2024
d. November 11, 2024 4. Decision No. 15-KOM/BRI/11/2023 dated November
11, 2024
Procedure For The Replacement Of Committees Under The Board Of Commissioners
Appointment and replacement of Committee members are determined in the Board of Commissioners' Meeting. Specifically for
Committee members originating from Independent Parties, the following provisions apply:
1. Selected and appointed by the Board of Commissioners through recruitment and selection mechanisms.
2. The tenure is determined in the Board of Commissioners' Meeting according to the contract duration and contractual worker
regulations in the Company. The Board of Commissioners may terminate their appointment before the contract period ends
PT Bank Rakyat Indonesia (Persero) Tbk 661
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Corporate
Governance
Organs and Committees Under the Board of Directors
Corporate Secretary
The Corporate Secretary has the responsibility to assist the Board of Directors and Board of Commissioners in implementing corporate
governance in accordance with the capital market regulations, particularly in the disclosure to the public through the reporting to the
government agencies and announcement on website as well as printed media (if mandatory), including the implementation of the GMS.
The Corporate Secretary serves as a liaison between the Company and external parties such as capital market regulators, shareholders,
media and other stakeholders.
Basis of Appointment of A Corporate Secretary
The establishment of Corporate Secretary refers to the following rules and prevailing laws:
1. OJK Regulation No. 35/POJK.04/2014 on the Corporate Secretary of Issuers or Public Companies.
2. Regulation of the Minister of State-Owned Enterprises No. PER-2/MBU/03/2023 concerning Guidelines for Governance and Significant
Corporate Activities of State-Owned Enterprises.
Structure of Corporate Secretary
President Director
Corporate Secretary Division
Division Head
Corporate Social Capital Market
Corporate Comnunication Responsibility & Governance & Public Office of The Board 1 Office of The Board 2
Departement Community Development Affairs Management Departement Departement
Departement Head Departement Departement Departement Head Departement Head
Departement Head Departement Head
Team Member:
(The highest position of Team Member is a maximum of 1 level below Department Head)
Function:
• Corporate Communication • Planning Strategy & • Capital Market Governance • BOC General Affair • BOD General Affair
& Media Relation Administration • Public Affairs Management • Internal BOC Activity • Internal Corporate Event
• Eksternal Corporate Event & • Program & Activation • Strategic & Project Portofolio • Executive Assistant • Executive Assistant
Sponsoship
• Museum
The Corporate Secretary leads the Corporate Secretary Division 3. Capital Market Governance & Public Affairs Management
business unit in carrying out its functions with a position at Department which manages the following functions:
the level of Executive Vice President. The Corporate Secretary a. Capital Market Governance.
Division is under the guidance of the Vice President Director and b. Public Affairs Management.
the Main Director. The Organization of the Corporate Secretary c. Strategic & Project Portofolio.
Division is in charge of: 4. Office of the Board 1 Department which manages the
1. Corporate Communication Department which manages the following functions:
following functions: a. Board General Affair (board of Commissioners).
a. Corporate Communication & Media Relation. b. Internal BOC Activity.
b. Eksternal Corporate Event & Sponsorship. c. Executive Assistant.
c. Corporate Museum. 5. Office of the Board 2 Department which manages the
2. Corporate Social Responsibility & Community Development following functions:
Department which manages the following functions: a. Board General Affair (Directors and SEVP).
a. Planning, Strategy & Administration. b. Internal Corporate Event.
b. Program & Activation. c. Executive Assistant.
662 PT Bank Rakyat Indonesia (Persero) Tbk
Page 665
2024 Annual Report
The Appointment and Termination of The i. Conducting corporate communication activities in order
Corporate Secretary to maintain and enhance the Company’s corporate
image, including implementing external event programs,
1. Pool of Candidates for Corporate Secretary candidates providing corporate sponsorship and managing the
through the Talent Committee (Human Capital Committee). Company’s museums;
2. Nomination of Candidate for Corporate Secretary by the j. Managing the function of preparing the Company’s
Board of Directors. Annual Report, as well as the publication of Financial
3. Discussion of Corporate Secretary Candidates. Statements and other important information/reports
4. Discussion of the proposed Corporate Secretary. in print media, electronic media and the Company’s
5. Approval by the Board of Commissioners. Website to related parties/regulators in accordance with
the prevailing laws and regulations.
Functions, Duties and Responsibilities of The k. Organizing GMS and public expose.
Corporate Secretary l. Carrying out other activities required for corporate
action.
The duties and responsibilities of the Corporate Secretary 2. To increase knowledge and understanding in carrying out its
include, among others: duties, the Corporate Secretary shall attend education and/
or trainings.
General Duties and Responsibilities
1. The Corporate Secretary should at least: Communications
a. Ensuring the Company compliance with the prevailing 1. Managing the functions of policy development,
laws and regulations regarding information disclosure implementation and evaluation of the Company’s
and the implementation of GCG. communication/publication strategy.
b. Following the developments of the capital market, 2. Manage brand image and brand positioning alongside the
in particular the applicable stipulations and laws and marketing communication unit.
regulations in the capital market. 3. Foster good relations with print and electronic media,
c. Providing services to stakeholders for any required institutions/agencies, and other external parties.
information relating to the condition of the Company. 4. Manage the provision of communication materials related to
d. Providing input to the Board of Commissioners and the the Company.
Board of Directors to comply with the prevailing laws and 5. Manage the drafting and analysis of responses/answers/
regulations in the capital market. scripts, including responses/press conferences related to
e. Providing information required by the Board of Company issues in the mass media in coordination with
Commissioners and Board of Directors periodically and/ relevant units.
or at any time if requested. 6. Manage the Company's Website and social media together
f. Assisting the Board of Commissioners and Board of with the service and marketing communication units.
Directors in implementing the Company’s GCG which 7. . Managing the BRI Purwokerto Museum.
includes:
• Information disclosure to the public, including the CSR and Community Development
availability of information on the Company Website. 1. Manage the mapping of target communities for CSR &
• Timely submission of reports to regulators. Community Development programs.
• Organizing and documenting the meetings 2. Manage the implementation of CSR & Community
of the Board of Directors and/or the Board of Development programs.
Commissioners (assisted by the Secretary of the
Board of Commissioners). Capital Market Governance and Public Affairs Management
• Implementation of corporate orientation programs 1. Direct compliance related to regulations, capital markets,
for the Board of Commissioners and/or Board of and others.
Directors. 2. Manage Company secretarial, administrative, and
g. Acting as a liaison officer or contact person between the documentation activities.
Company and stakeholders. 3. Manage stakeholder management.
h. Administering and recording the Company documents, 4. Manage the administration and documentation of the Board
including but not limited to the Shareholders Register, of Directors.
Special List and Minutes of Board of Directors Meetings,
Board of Commissioners Meetings, and GMS.
PT Bank Rakyat Indonesia (Persero) Tbk 663
Page 666
Corporate
Governance
Protocol and Internal Services of the Board of 4. Ensuring the GMS activity has included the decision making
Commissioners, Directors and SEVP in every agenda.
1. Manage activities supporting the functions and activities of 5. Coordinating with related independent parties (Notary and
the Board of Commissioners, Directors, and SEVP. Share Registrar) for the efficiency of the GMS convention.
2. Manage communication between the Board of 6. Coordinating with related divisions on the formulation and
Commissioners, Directors, SEVP, and internal and external scenario in the GMS agenda.
parties of the Company. 7. Ensuring the GMS announcements and invitations have been
3. Manage the provision of rights and facilities for the Board of implemented according to the Articles of Association and
Commissioners, Directors, and SEVP. other rules.
4. Manage the preparation and analysis of speech materials,
papers, hearings, presentations, interviews, and other Enhancement of Knowledge
supporting materials for the Board of Commissioners, 1. Ensuring each member of the Board of Commissioners
Directors, and SEVP. and Board of Directors receives an adequate introduction
5. Manage the scheduling activities of the Board of (orientation) program at the first opportunity and thereafter
Commissioners, Directors, and SEVP. based on the needs. The objective of this program is to provide
6. Manage the implementation and evaluation of protocols brief insights to each member of the Board of Commissioners
and secretarial services for the Board of Commissioners, and Board of Directors regarding the Company hence new
Directors, and SEVP. members can immediately contribute to the Company.
Particularly for new members of the Board of Commissioners,
Meeting the induction program is determined by the President
1. Ensuring the implementation of the Board of Directors Commissioner and/or determined by the needs of members of
Meeting periodically at least 1 (one) time every month. the Board of Commissioners. Furthermore, for new members
2. Ensuring the implementation of the Board of Commissioners of the Board of Directors, the induction program is determined
Meeting at least 1 (one) time in 2 (two) months. by the President Director and/ or determined by the needs of
3. Ensuring the implementation of the Board of Directors – the members of the Board of Directors. If there is a condition
Board of Commissioners Meetings periodically at least 1 that the President Commissioner and/ or President Director are
(one) time in 4 (four) months. new members, then the orientation program is determined by
4. Ensuring the Meeting is held in accordance with the Articles Vice President Commissioner or Vice President Director or 2
of Association, Guidelines and Rules of the Meeting and (two) Commissioners or 2 (two) Directors in accordance with the
other stipulations. provisions of the President Commissioner and/or the substitute
5. Becoming a liaison for the Board of Commissioners, Board of President Director according to applicable stipulations.
Directors and SEVP in coordinating the agenda of routine and 2. Minimum requirements for basic information or knowledge
incidental meetings. by the Corporate Secretary shall include:
6. Ensuring the agenda of the Meeting requires decision making a. Internal information or knowledge, among others:
or matters that have a major impact on the welfare of the • Articles of Association.
Company. • Duties, responsibilities and authorities of members
7. If necessary, reminding the Board of Commissioners and of the Board of Commissioners and members of the
Board of Directors that each discussion meeting will be Board of Directors.
focused primarily on the implementation of their duties and • Vision, Mission and objectives of the Company.
responsibilities. • Strategic plan of the Company.
8. If necessary, reminding the Board of Commissioners and • Financial performance of the Company.
Board of Directors that the level of authority for matters • Segmentation of the Company's business, products
delegated is correct and obeyed. and services.
9. Ensuring the Minutes of Meeting are administered in • Bank risk management, risk profile, risk assessment
accordance with the stipulations.. and monitoring.
• Company Organizational Structure.
General Meeting of Shareholders (GMS) • Function of Internal and External Audit Units.
1. Ensuring the implementation of the Annual GMS by the Board • Other relevant information that can assist the
of Directors within the period of minimum 5 (five) months duties and performance of members of the Board of
following the ended of fiscal year or implementing other GMS Commissioners and members of the Board of Directors.
at any time as required for the interest of the Company. b. External information or knowledge, including::
2. Ensuring the series of convention and administration of the • External developments covering political, economic,
GMS are in accordance with prevailing stipulations. social and technological aspects, etc.
3. Ensuring the appointment of the GMS Chairman prior to the • The Company's position among competitors,
GMS convention. customers and other stakeholders.
664 PT Bank Rakyat Indonesia (Persero) Tbk
Page 667
2024 Annual Report
• The role and relationship with government Coordination of Annual Report Preparation
authorities in the monetary sector, as well as other 1. The Annual Reports include at least Financial Highlights
authorized bodies. Data, Board of Commissioners and Board of Directors Reports,
• Relevant laws and regulations. Company Profile, Management Discussions and Analysis on
• Other external information relevant to the Board of the Company Performance, GCG, Financial Information and
Commissioners and Directors. other information deemed relevant in accordance with the
c. Preparation and distribution of documents during the developments of prevailing laws and regulations. and the
induction/orientation period for newly appointed members latest best practices.
of the Board of Commissioners and/or Directors, include: 2. The Annual Report is completed no later than the 4th (fourth)
• Guidelines and Work Rules of the Board of month after the end of the current financial year and not later
Commissioners and Board of Directors. than the shareholder’s acceptance prior to the GMS.
• Company Articles of Association and its amendments. 3. Approval of the Annual Report is carried out at the GMS and
• Latest Annual Report. shall be in one of the GMS agenda items.
• Management Contract and latest Company plan. 4. The Corporate Secretary coordinates with related business
• Company Organizational Structure. unit in preparing the Annual Report).
• Other documents, according to the request of the
Board of Commissioners and Board of Directors. Capital market
3. Discussion on continuous self-development with the relevant 1. Following the developments in the capital market, particularly
Boards of Commissioners and Directors and preparing regarding the prevailing capital market regulations.
training programs plans with related business unit. 2. Providing input to the Board of Directors to comply with the
4. Compiling information on trainings, both conducted stipulations related to the capital market and other related
domestically and abroad, based on information and regulations.
cooperation with related divisions. 3. As a contact person representing the Company to the Capital
5. Determining/providing recommendations on training Market Financial Services Authority, the Indonesia Stock
programs according to the needs of the Board of Exchange and Series A Dwiwarna Shareholders.
Commissioners and Directors or at the request of the Board
of Commissioners and Directors. Other
6. The Company orientation/induction program may take the 1. Manage the implementation of risk management in the
form of presentations, meetings, visits and document studies Corporate Secretary Division.
or other programs deemed appropriate to the needs and 2. Preparing a Functional Work Plan (RKF) and Work Plan &
requests of the Board of Commissioners and Directors. Budget (RKA) in the Corporate Secretary Division.
7. The implementation of education/training follows the applicable 3. Managing Human Capital, meeting the needs of plan of
educational requirements at BRI Corporate University. employees, improve competence and encourage performance
so that the management of Human Capital runs according to
Shareholders Registry and Ownership the policies in force in the Corporate Secretary Division.
1. The Corporate Secretary assists the Board of Directors in 4. Providing documents/data/information related to audit
managing the Shareholders Registry and Special Share implementation and realization of follow-up audits at the
Ownership (Series A Dwiwarna), Corporate Secretary Division.
2. The Corporate Secretary assists the Board of Commissioners 5. Preparing reports at the Division/Department level to comply
and Directors in reporting shares ownership to the Financial with applicable regulations and the needs of other business
Services Authority upon shares ownership, either directly or unit or related agencies.
indirectly, in a public company ≥5% of the paid-up capital of 6. Managing logistics and secretarial affairs at the Division/
the company. Department level, including the use of logistics and secretarial
3. The Corporate Secretary assists the Board of Commissioners related costs in accordance with applicable regulations.
and Directors in reporting shares ownership to the Financial 7. Managing the development of application platforms/systems
Services Authority if there is a change in their ownership in a in coordination with related divisions.
public company ≥0.5% (zero point five percent) of the company 8. Improving policies/provisions related to the output (work
shares paid up, either in 1 (one) or multiple transactions. results) of the Corporate Secretary Division and other
4. The reports referred to in number 2) and number 3) must be Business Units (including among others: Service Level
submitted to the Financial Services Authority no later than Agreement/SLA, Operational Procedure Book/BPO, etc.).
10 (ten) days after the ownership or change in ownership of 9. Coordinating and cooperating at the Division/Department
the shares of the public company occurred. level, as well as fostering good relations with other business
unit, institutions or agencies or agencies or third parties,
including, among other things, the procurement and
implementation of Cooperation Agreements (PKS) related to
the duties of the Corporate Secretary Division
PT Bank Rakyat Indonesia (Persero) Tbk 665
Page 668
Corporate
Governance
Profile of Corporate Secretary
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
• Manager, Investor Relations Desk, Head Office (01-10-2012 to 28-02-2015)
• Head of Financial Institution Banks & Overseas Business Unit Management, International Business
Division, Head Office (01-03-2015 to 30-06-2018)
• Deputy General Manager/Operations Manager, BRI New York Agency (01-07-2018 to 08-05-2022)
• Department Head International Business Division, Head Office (09/05/2022 to 31-7-2023)
• Division Head Corporate Secretary, Head Office (1-8-2023 to present)
Agustya Hendy Bernadi
Corporate Secretary
LEGAL BASIS FOR APPOINTMENT
Indonesian citizen, born in Bogor in Served as BRI Corporate Secretary since August 1, 2023 based on Board of Directors Decree No. 1613-
1979. Age 45 years as of December 2024. DIR/HCB/08/2023 dated August 1, 2023. The appointment of the new BRI Corporate Secretary has
Domiciled in Jakarta, Indonesia been reported to the OJK and published through the BRI website and the Indonesia Stock Exchange.
Corporate Secretary Competency Development Program
Types of Training and Development Materials
Time and place Implementation Organizer
Competence/Training
Risk Management - Regulatory Risk Assessment - Refreshment
Jakarta, February 5 – 12, 2024 BRI Corporate University and LSP LSPP
Risk Management Certification Competency Level 5
Risk Management - Regulatory Risk Assessment - Help-Session
Online, February 15 – 16, 2024 BRI Corporate University and LSP LSPP
Risk Management Certification Competency Level 5
Cascading Clinic Jakarta, May 3, 2024 BRI Corporate University
From Silos To Sinergy: Communication Strategies to Elevate
Jakarta, October 2 – December 27, 2024 BRI Corporate University
Corporate Reputation
Digital transformation strategy London, UK, November 18 – 22, 2024 Imperial College Business School
Implementation of Duties of the Corporate Secretary in 2024
Relationship With Mass Media
Month Printed Online TV Total Quarter
January 308 13.443 9 13.760
February 306 15.866 25 16.197 51.415
March 254 21.141 63 21.458
April 1.052 18.596 178 19.826
May 958 17.467 159 18.584 55.218
June 764 15.938 106 16.808
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Month Printed Online TV Total Quarter
July 882 16.842 140 17.864
August 994 22.236 178 23.408 61.733
September 721 19.564 176 20.461
October 854 24.110 146 25.110
November 865 25.897 167 26.929 77.646
December 929 24.444 234 25.607
Grand Total 8.887 235.544 1.581 246.012
The implementation of corporate communication is carried out The Corporate Secretary, as the supervisor of the BRI Information
by involving various media as strategic partners including print & Documentation Management Officer (PPID), coordinates public
media, TV, and online. Communication is carried out through the information services. Throughout 2024, the BRI PPID received
issuance of press releases which during 2024 have reached 479 28 public information requests, all of which were fulfilled in
press releases by the Company, with a total absorption by the compliance with applicable regulations. BRI's excellent public
media of 246,012 news reports in all media. With this number, information management earned it the "Top Informative BUMN"
BRI has contributed a 47,85 percent share of voice in positive title in the 2023 Public Information Disclosure Monitoring and
news within the banking industry. Evaluation (Monev) by the Central Information Commission, with
a score of 98.89, making it the only BUMN to receive the National
MSMEs are still the main news theme for BRI. MSMEs as BRI’s Best Public Body ‘Arkaya Wiwarta Prajanugraha’ award.
business focus have a key role in developing the national .
economy which directly drives BRI’s performance growth. For this The Corporate Secretary also acts as a spokesperson to answer
reason, the narrative in the BRI release places more emphasis various questions from journalists, accompanies the BRI Board
on empowering MSMEs and the people’s economy. Apart from of Directors in interviews with the media, organizes press
that, publications regarding BRI’s financial performance, CSR conferences to improve the company’s image, and monitors and
activities, shares and achievements are also BRI’s main news clarifies negative news or issues that could reduce BRI Bank’s
themes to improve its positive image in the eyes of the public reputation.
and also as an information reference for investors.
Additionally, the Corporate Secretary organized the BRI
BRI has been the main sponsor of the top-tier Indonesian football Fellowship Journalism 2024 program, providing master's
league, BRI Liga 1, for the past four years. As the most popular scholarships for journalists at public universities in Indonesia.
sport in Indonesia, this sponsorship has significantly contributed Through this program, BRI facilitated the publication of 2,784
to BRI's media exposure. By the end of December 2024, a total articles and awarded scholarships to 50 journalists from across
of 51,703 news articles about BRI Liga 1 were published across Indonesia and various platforms.
print, TV, and online platforms.
Organizing GMS
Apart from that, the Corporate Secretary also carries out routine During 2023, the Company has held 1 (one) GMS on March 1, 2024
monitoring of activities on social media to maintain and improve as reported in the GMS sub-chapter in the Corporate Governance
BRI’s positive image. BRI’s positive image is built through pillar Chapter in this Annual Report.
content regarding corporate values & achievements, work at BRI,
and financial management which is packaged with attractive Transparency in Submission of Reports and Openness of
treatment that is suitable for social media users. So in the fourth Information
quarter BRI’s positive image on social media reached 96.26 During 2024, the Corporate Secretary has carried out information
percent. disclosure reports, routine reports, incidental reports and/or data
requests by regulators. Reporting details have been submitted
in the Sub-Chapter Transparency of Report Submission in the
Corporate Governance Chapter in this Annual Report.
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Internal Audit Business Unit
SUMMARY OF INTERNAL AUDIT UNIT PERFORMANCE
Achievements of the Internal Audit Unit (SKAI) in 2024 included: c. Monitoring offsite financial performance and
1. Review of SKAI’s Effectiveness and Strategy to performance of SKAI members within BRI's Financial
enhance assurance and advisory activities through the Conglomerate.
development of internal audit methodologies, Quality d. Secondment Program.
Assurance & Improvement Program (QAIP) maturity, and e. Lateral Joiner Education and Auditor Certification
data analytics maturity assessment. for SKAI members of BRI Financial Conglomerate.
2. Benchmark SKAI f. Assignment of BRI SKAI Auditors to SKAI members of
Benchmarking activities with nine companies to enhance the Financial Conglomerate.
BRI’s Internal Audit Unit. g. Benchmarking SKAI members of the Financial
3. ISO 9001:2015 Implementation Conglomerate with BRI SKAI.
BRI’s Quality Management System has achieved ISO h. Quality Assurance & Improvement Program (QAIP).
9001:2015 certification for audit execution, with regular i. Updating policies and procedures for managing
assessments conducted annually. Integrated Internal Audit within BRI's Financial
4. Emerging Risk Data Development Conglomerate.
Developing data from new or previously unknown risk j. Maturity Assessment of SKAI members within BRI's
sources. Financial Conglomerate.
5. Development of Periodic Monitoring Dashboard k. Audit Management System Application (BRISMA 2.1)
Comprehensive filtering features and additional visualizations
of key data such as anomaly counts, ranking of anomalies, The 2025 SKAI strategy aims to enhance the assurance and
average score levels, and potential impact ranking. advisory function in supporting the achievement of corporate
6. BRI System Management Audit (BRISMA) goals while addressing stakeholder expectations. SKAI BRI
BRI System Management Audit (BRISMA) is a suite aspires to "Building Stakeholder Trust Through Developed
application in the field of audit management that facilitates Expertise and Established Credibility," with the 2025 annual
the establishment of audit standards across all phases of the theme being "Trusted Assurance Provider," reflected in the
internal audit process at BRI, from planning to monitoring. following aspects:
The BRISMA application is web-based and accessible online. 1. Process, the focus is on enhancing assurance and
Additionally, integration has been carried out with the advisory functions, including the development of testing
BRISTARS application, and further integration is planned methodologies for Internal Control over Financial
with PDE, FRD, and Monber. Reporting (ICOFR) and the adoption of agile assessment
7. Implementation of internal control over financial reporting and agile audit approaches, continuous auditing, and
(ICOFR) root cause analysis. Additionally, SKAI BRI is committed
Development of the ICOFR methodology and its to improving the quality of internal audit practices
implementation to ensure that financial statements in compliance with applicable standards through the
are prepared in accordance with applicable accounting implementation of a Quality Assurance & Improvement
principles or financial reporting standards. Program (QAIP). In 2024, The Institute of Internal
8. Strengthening synergy between the 2nd and 3rd lines Auditors (IIA) issued the Global Internal Audit Standard,
Regular communication is conducted with the 2nd line which will take effect in 2025, ensuring that SKAI BRI
both online and offline through GRC (Governance, Risk aligns its internal audit processes with the latest global
Management, and Compliance) forums, sharing Early standards.
Warning System tools, and periodic monitoring as a strategy 2. Technology, th focus is on the continuous development
to improve organizational governance, corporate risk of audit management systems and data analytics, aiming
management, and regulatory compliance. not only to digitalize internal audit processes but also
9. Integrated SKAI to integrate them with BRI’s internal systems and
BRI SKAI is responsible for improving the quality of SKAI applications. This integration will enable the generation
within Financial Conglomerate Members, as reflected in of valuable insights to support strategic decision-making.
the maturity scores of each SKAI member. Development Additionally, SKAI BRI will promote the implementation
programs supporting Integrated SKAI include: of Continuous Auditing & Continuous Monitoring to
a. Annual Audit Planning enhance real-time oversight of operational units through
b. Individual and Thematic Audits. technology utilization.
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3. People, the strategy emphasizes human capital 2. Meeting workforce requirements as per business needs.
development in collaboration with the Human Capital 3. Mapping Internal Auditor competency profiles according
Directorate, including the establishment of an audit to standards.
competency framework, conducting training and 4. Fulfilling competency gaps in Internal Auditors based
certification needs analyses, competency profiling for on relevant and current business and technology
Internal Auditors, developing a learning catalog, and developments..
monitoring and evaluating training and certification 5. Availability of audit tools supporting methodology and
programs to ensure alignment with auditors' assigned audit strategies..
responsibilities. 6. Enhancing and refining audit management systems
4. Organization, as technology, data analytics, and advisory and technologies to improve audit effectiveness and
functions play an increasingly critical role in internal efficiency.
audit, along with the growing need for continuous 7. Enabling audit activities to be more agile in response
testing of internal controls over financial reporting and to business and organizational dynamics, in addition
rising stakeholder expectations, SKAI BRI will undertake to focusing on the annual audit plan (PAT) set at the
organizational adjustments and transformations. These beginning of the year.
changes are aimed at enhancing the effectiveness and 8. Implementing advisory activities in line with standards
efficiency of internal audit activities, ensuring that SKAI to provide value-added services.
BRI remains a trusted and strategic assurance provider. 9. Improving offsite monitoring activities based on data
analytics and branch analytics..
To achieve its vision of becoming a "Strategic Business 10. Ensuring organizational adaptability to current
Partner" in line with BRI's goals and setting the benchmark developments..
for best practices in Indonesia's internal audit sector, SKAI 11. Implementing the Global Internal Audit Standard 2024..
BRI must anticipate several challenges: 12. Ensuring financial reporting integrity and transparency
1. Optimization of data analytics to detect fraud incidents in accordance with OJK Regulation.15 of 2024 and the
or internal control weaknesses at an early stage. Ministry of SOEs Letter SK-5/DKU.MBU/11/2024.
9. Minister of State-Owned Enterprises Regulation No. SK-5/
Legal References
DKU.MBU/11/2024 dated November 11, 2024, concerning
Technical Guidelines for Internal Control over Financial
1. OJK Regulation No. 55/POJK.03/2016 dated December 7,
Reporting (ICOFR) in State-Owned Enterprises.
2016, concerning the Implementation of Governance for
Commercial Banks.
2. OJK Regulation No. 1/POJK.03/2019 dated January 29, 2019, As part of the implementation of Good Corporate Governance,
concerning the Implementation of Internal Audit Functions BRI's Internal Audit Unit (SKAI) has a very important role to support
in Commercial Banks strategic business objectives through effective assurance and
3. OJK Regulation No. 18/POJK.03/2014 dated November advisory activities in accordance with the company's direction
18, 2014, concerning the Implementation of Integrated and strategy. The effective implementation of SKAI functions
Governance for Financial Conglomerates. can provide assurance to the company regarding the quality and
4. OJK Regulation No. 38/POJK.03/2016 dated December 1, effectiveness of the internal control system, risk management and
2016, concerning the Implementation of Risk Management governance system to protect the organization and the company's
in the Use of Information Technology by Commercial Banks. reputation. In order to support the company's aspirations as The
5. OJK Regulation Circular No. 35/SEOJK.03/2017 dated July Most Valuable Banking Group in South East Asia and Champion of
7, 2017, concerning Standard Guidelines for Internal Control Financial Inclusion in 2025, BRI's SKAI implements a more agile
Systems in Commercial Banks. audit approach in order to improve performance, quality, and meet
6. OJK Regulation Circular No. 15/POJK.24/2024 dated October stakeholder expectations. In carrying out its roles and functions,
2, 2024, concerning the Integrity of Bank Financial Reporting. SKAI is supported by an independent organizational structure,
7. Minister of State-Owned Enterprises Regulation No. PER- adequate number and competence of Auditors, development of
5/MBU/09/2022 dated September 1, 2022, concerning agile audit methodologies and tools. SKAI also continues to improve
the Implementation of Risk Management in State-Owned synergy with 1st line and 2nd line functions through regular and
Enterprises. effective coordination, collaboration and communication in order
8. Minister of State-Owned Enterprises Regulation No. PER-2/ to improve the effectiveness of risk management, control and good
MBU/03/2023 dated March 3, 2023, concerning Governance corporate governance.
Guidelines and Significant Corporate Activities for State-
Owned Enterprises.
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Organization Structure of Internal Audit Unit
In carrying out its roles and functions, SKAI is supported by an independent organizational structure and an adequate number and
competence of Auditors. SKAI BRI is led by SEVP SKAI who is under the President Director and has a line of communication with the Board
of Commissioners through the Audit Committee. SEVP SKAI oversees the Audit Standard & Quality Development Division; Head Office
Audit; Special Investigation Desk and 18 (eighteen) Regional Audit Offices. The following is the SKAI Organizational Structure.
President Director Board of Commissioners
Internal Audit Sub Directorate Audit Committee
Audit Standard & Quality Regional Audit Office
Head Office Audit
Development Division (18 RAO)
Special
Audit Audit Investigation
Audit Data Wholesale & Micro & Support & IT Application
Development Technology & IT Strategy Audit Regional Audit Desk
Analytic Overseas Audit Retail Audit Other Audit Audit
& Quality Performance Department Assurance
Department Department Department Department Department
Department Department
Liaison
ICoFR Consulting
Officer
Audit Team Team
Team Support Section
Team Member
Team Member
Team
Member
Team Member
Unit Audit Intern
The Internal Audit Business Unit structurally consists of Business Units that carry out audit activities and business units that carry out the
development of Audit Standards and Quality as follows:
1. Business Unit that carries out audit activities:
a. Regional Audit Office (RAO)
The Regional Audit Office (RAO) is responsible for conducting audit activities and providing advisory services as a strategic business
partner. Its audit scope includes Regional Offices, Special Branch Offices, Branch Offices, Priority Service Centers, Sub-Branch Offices,
Cash Offices, and BRI Units within its designated area. Currently, BRI operates 18 Regional Audit Offices, each aligned with 18 Regional
Offices. The strategic co-location of RAOs with Regional Offices enhances the effectiveness and efficiency of SKAI’s assurance and
advisory functions, considering BRI’s decentralized business structure, governance, and asset management responsibilities.
b. Head Office Audit (HOA)
The Head Office Audit (HOA) oversees assurance and advisory functions as a strategic business partner, covering audits of Head
Office units, Overseas Units, and BRI Subsidiaries. Additionally, HOA reviews key regulatory compliance aspects, including Anti-
Fraud Strategy Implementation, Risk Management Practices, Risk-Weighted Assets (RWA) for Operational Risk.
c. Desk Special Audit Investigation (Desk SPI)
The Desk Special Audit Investigation (Desk SPI) is responsible for investigating suspected fraud cases and handling complaints
from the Whistleblowing System, with full authority to audit all BRI business units. Desk SPI operates as a dedicated investigative
unit and reports directly to the SEVP of the Internal Audit Unit.
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2. 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 analytical tools for audit data processing. Below is the distribution of BRI Audit Units across Indonesia:
RAO Medan
RAO Pekanbaru RAO Manado
RAO Jayapura
RAO Padang RAO Palembang
RAO Lampung RAO Makasar
RAO Banjarmasin
RAO Semarang
RAO Surabaya
ASQ Division
HOA RAO Denpasar
Desk SPI
RAO Bandung
RAO Jakarta 1 RAO Yogyakarta
RAO Jakarta 2 RAO Malang
RAO Jakarta 3
Position of the Intern Audit Unit in the Organizational Structure
Structurally, BRI IAU is directly responsible to the Main Director and has a line of communication with the Board of Commissioners
through the Audit Committee, so that it can support the implementation of independent and objective audit and consulting activities.
The IAU organization is led by the SEVP Internal Audit Business Unit.
Appointment and Termination of SEVP Internal Audit Unit
The SEVP 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.
Profile of the Head of Internal Audit Unit
EDUCATION BACKGROUND
• Bachelor of Economics, Islamic University of Indonesia, Yogyakarta (2000).
• Master of Commerce, The University of Queensland, Australia (2006).
CERTIFICATION
• Certified Qualified Internal Auditor (QIA)
• Level 6 Risk Management Certification
WORK EXPERIENCE
• CFO of PT BRI Ventura Investama (March 2019 - November 2019)
• Acting Head of Corporate Transformation Division (2019-2020)
• Head of Corporate Transformation Division (June 2020 - December 2020)
• Executive Vice President of Change Management Division (January 2021 - April 2021)
• Division Head of Financial & Management Accounting Division (2021 - 2024)
Yulianto Setiawan • Internal Audit Head of Head Office Audit Division (June 2024 - November 2024)
• SEVP of Internal Audit Unit (SKAI) (2024 – present)
SEVP Internal Audit Unit (SKAI)
Indonesian citizen, born in Kudus in LEGAL BASIS FOR APPOINTMENT
1978. Age 46 years as of December 2024.
Board of Directors Decree of BRI NOKEP: 4221-DIR/HBS/11/2024 Regarding Promotion as Head of
Domiciled in South Jakarta
Internal Audit Unit / Senior Executive Vice President of the Internal Audit Sub-Directorate PT Bank
Rakyat Indonesia (Persero) Tbk
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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)
• Certified Bank Internal Auditor (CBIA)
• Certified Data Center Professional (CDCP)
• Certified Data Center Specialist (CDCS)
• Certified Statement Analysis (CSA)
• Risk Management Certification Level 5
Ronald Setiadi WORK EXPERIENCE
Temporary Replacement of Division Head • Information Technology Internal Audit Auditor (November 2004 – March 2016)
of Audit Standard & Quality Development • Group Head Group Internal Audit Information Technology (April 2016 – August 2021)
• Department Head Audit Standard & Quality Development Division (September 2024 – present)
Indonesian citizen, born in Jakarta in
1981. Age 43 years as of December 2024. LEGAL BASIS FOR APPOINTMENT
Domiciled in North Jakarta
BRI Board of Directors Decree NOKEP: S.359.e-DIR/HCB/08/2024 Dated August 13, 2024
EDUCATION BACKGROUND
Bachelor Degree in Computer Engineering, Guna Darma University, Jakarta (1995)
CERTIFICATION
• Certified Information Systems Auditor (CISA)
• Certified Bank Internal Audit (CBIA)
• Risk Management Certification Level 3
WORK EXPERIENCE
• Auditor in Information Technology Internal Audit (June 2003 – February 2013)
• Group Head of TSI Strategy & Development Audit Group (August 2017 – December 2019)
• Department Head IT Application Audit Head Office Audit (January 2020 – present)
LEGAL BASIS FOR APPOINTMENT
Muhammad Antariksa
Temporary Replacement of Head Office S.13.e-DIR/HBS/12/2024 Date 16 December 2024 effective from 1 December 2024
Audit
Indonesian citizen, born in Jakarta in
1971. Age 53 years as of December 2024.
Domiciled in Depok
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Internal Audit Charter 3. Ensuring that the internal audit function was supported
by adequate audit resources, methodologies, tools and
SKAI has an Internal Audit Charter, established under the Joint techniques.
Decree of the Board of Commissioners and the Board of Directors 4. Ensuring compliance with internal audit policies and
of BRI No. KU.02-DIR/ASQ/12/2022. The charter has been procedures, unless these policies and procedures conflicted
updated to align with OJK Regulation No. 1/POJK.03/2019, dated with the Internal Audit Charter. Any conflicts that exist would
January 29, 2019, regarding the Implementation of Internal Audit be resolved or communicated to the President Director and
Functions in Commercial Banks. Additionally, it adheres to the the Audit Committee.
International Standards for the Professional Practice of Internal 5. Ensuring all assurance and consulting activities carried out
Auditing (ISPPIA) issued by The Institute of Internal Auditors (IIA). in accordance with the Professional Standards for Internal
Auditing.
BRI Internal Audit Charter is a guideline for the implementation 6. Preparing measures for assessing the success of performance
of internal audit functions for the implementation of audits and achieving the objectives of the Internal Audit Business
carried out by the Internal Audit Unit (SKAI), initiation of SKAI Unit.
communication with auditees, examination of bank activities 7. Ensuring that the principles of integrity, objectivity,
and SKAI's authority to access records, documents, and physical confidentiality and competence had been implemented and
assets of the bank, including information management systems upheld.
and minutes of management meetings. In terms of SKAI functions 8. Ensuring Internal Audit Business Unit The Internal
integrated in financial conglomerates, SKAI has an Integrated Audit Business Unit members to take part in continuous
Internal Audit Charter for Financial Conglomerates as a guideline professional development and other training in accordance
for the implementation of integrated internal audits that must be with the development of complexity and the Bank’s business
adhered to by all SKAI LJK in Financial Conglomerates. activities.
9. Prepare an annual audit plan along with the preparation of
Duties and Responsibilities of the Internal Audit an annual plan and budget allocation for the implementation
Unit of the internal audit function.
10. Communicate to the President Director, Board of
1. Assisting the duties of the President Director and the Board of Commissioners, and Audit Committee on any significant
Commissioners in oversight by describing operationally both temporary changes in the Annual Audit Plan.
the planning, implementation and monitoring of audit results. 11. Ensure that the implementation of internal audits is
2. Make independent, objective and professional analysis and in accordance with the internal audit plan, including
assessments on finance, accounting, operations, and other the determination of objectives and scope, appropriate
activities through audits at all levels of BRI Business Units, assignments and adequate supervision, documentation
and conduct special examinations if necessary. of work programs and test results, and communication
3. Identify all possibilities to improve and enhance the efficient related to assignment results complete with conclusions and
use of resources and funds. recommendations to related parties.
4. Provide suggestions for improvements and objective 12. Reporting significant findings to the Board of Directors for
information on the activities examined at all levels of immediate corrective action.
management. 13. Monitoring corrective actions on significant findings.
5. Prepare standards for the implementation of internal audit 14. Reporting the monitoring results of follow-up improvements
functions that at least cover the matters stipulated in the on significant findings to the Board of Directors and the
Internal Audit Professional Standards as a guide for Internal Board of Commissioners, with a copy to the Audit Committee
Auditors in carrying out their duties. and the Director in charge of the compliance function
6. Become a Liaison Officer for BRI external parties in relation periodically.
to the audit function. 15. In the event that there was use of external party services for
internal audit activities, Internal Audit Business Unit ensured
Responsibilities of the Head of Internal Audit that:
Business Unit a. Transfer of knowledge was organized between external
parties to members of the Internal Audit Unit considering
1. Ensuring the implementation of the internal audit function the temporary use of external party expert services.
in accordance with the Internal Audit Professional Standards b. The use of external party services did not affect the
and the Internal Audit Code of Ethics. independence and objectivity of the Internal Audit
2. Selecting competent human resources according to the Business Unit function.
needs in carrying out Internal Audit Business Unit‘s duties.
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16. Internal Audit Unit BRI as Internal Audit Business Unit holding Authority of the Internal Audit Business Unit
company:
a. Determine the strategy for implementing the internal The Internal Audit Business Unit has the least authority:
audit of the subsidiary company 1. Access all information in full, free and unlimited about BRI’s
b. Formulate internal audit principles that included audit records, information, workers, funds and assets, locations/
methodology and steps for implementing quality control. areas and other resources related to the duties and functions
c. Ensure that the internal audit function in Subsidiaries of Internal Audit Business Unit, including to subsidiaries/
run effectively. affiliates/financial service institutions owned BRI, relating to
d. Conduct audits in accordance with the internal audit the implementation of audits and consulting.
plan, including objectives and scope, proper assignment 2. Conduct verification, interviews, confirmations and other
and adequate supervision, documentation of work inspection techniques to customers or other parties related
programs and test results as well as communication of to the implementation of audits and consultations.
assignment results accompanied by conclusions and 3. Communicate directly with the Board of Directors, Board of
recommendations of related parties. Commissioners and the Audit Committee.
17. Ensure that in the event that there was a request for an 4. Hold regular and incidental meetings with the Board of
expert witness from the Internal Audit Business Unit ranks, Directors, Board of Commissioners, and/or Audit Committee.
the Internal Audit Unit can assign a specific Auditor to act 5. Participate in strategic meetings without voting rights,
as an expert witness by taking into account competence, such as Board of Directors Meetings, ALCO Meetings, Risk
knowledge, expertise and experience in accordance with the Management Committee Meetings, and others.
case at hand. 6. Coordinate activities with external auditors related to
18. Ensure that if there was a request for audit documents by an external auditor inspection activities.
external party (related to litigation), coordination was made 7. Allocate resources, set frequencies, determine scope of work,
with the Legal Division or Legal Officer. and apply techniques needed to achieve audit objectives.
19. Prepare and review the internal audit charter periodically. 8. Get help from other business unit or use external party services
20. The Head of The Internal Audit Business Unit obtains a (such as advisory services) in conducting audits if necessary.
written and transparent work assessment from the President
Director and Audit Committee.
21. In carrying out the duties and responsibilities, the Head
of The Internal Audit Business Unit must have adequate
competence and ability to lead an independent and effective
internal audit function as required by the regulator.
Composition of Internal Audit Unit Personnel
The IAU is committed to continue developing the quality, knowledge, skills and competencies of the Auditors through continuous
professional development. The following is the data on the number of The Internal Audit Business Unit Auditors.
No Position Total No Position Total
1 SEVP 1 7 Regional Audit Head 16
2 Division Head ASQ 1 8 Team Member 628
3 Internal Audit Head, HOA 1 9 Support Section 43
4 Regional Chief Audit 18 10 Unit Auditor Intern 1,021
5 Head Desk SPI 1 Total 1,735
6 Department Head 5
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Professional Certification of Internal Audit Unit Personnel
To ensure the implementation of quality audit assignments, BRI IAU is supported by professional audit staff, which among them have
attained the national and international certificates, as follows:
International Certification
No Certification Name Total No Certification Name Total
1 Certified Fraud Examiner (CFE) 15 7 COBIT 5 Foundation Certificate (COBIT 5) 2
2 Certified Information System Auditor (CISA) 13 8 Lead Auditor ISO 9001:2015 IRCA Approved 2
3 Computer Hacking Forensic Investigator (CHFI) 4 9 Lead Auditor ISO 37001:2016 4
4 Certified Ethical Hacker (CEH) 4 Lead Auditor ISO 27001:2013 and ISO
10 3
19011:2011
5 Certified Data Center Professional (CDCP) 1
11 Certified Data Center Specialist (CDCS) 1
6 Certified Financial Planer (CFP) 1
12 Business Continuity Certified Planner (BCCP) 1
Total 51
National Certification
No Certification Name Total No Certification Name Total
1 Certified Qualified Internal Auditor (QIA) 69 18 UAI Level BRI LSP Certification 2
2 Certified Bank Internal Audit (CBIA) 35 19 Risk Management Level 1 38
3 Certified Forensic Auditor (CFrA) 13 20 Risk Management Level 2 9
4 Certified Statement Analysis (CSA) 2 21 Risk Management Level 3 1
5 Big Data Administrator (BIG DATA) 4 22 Risk Management Level 4 199
6 Compliance 2 23 Risk Management Level 5 45
Certified Governance Risk and Compliance 24 Risk Management Level 6 5
7 2
Professional (CGRCP)
25 BRI LSP Certification Manager Level 2
8 Certified Risk Management Professional (CRMP) 1
26 BRI LSP Certification Supervisor Level 45
9 Certified Audit Forensic (CFA) 1
27 BRI LSP Certification Auditor Level 526
Certified in Risk and Information Systems Control
10 2 Certified IRCA (International Register of
(CRISC)
28 1
Certificated Auditors)
11 Certified Wealth Management (CWM) 8
29 Certified Professional Coach (CPC) 4
12 Certified Procurement Strategic (CPST) 1
30 Project Management Professional (PMP) 1
13 General Banking 1 197
31 Professional Scrum Master™ 1 Certifications 1
14 Job Training and Assessor Certification 16
32 DevOps Foundation Certified 6
LSP BRI Banking Compliance Certification
15 32 33 Basic Certification of Financing - Managerial 2
(Compliance & Anti Money Laundering Officer)
BRI LSP Credit Banking Certification (RM Credit 34 Certified Internal Audit Executive (CIAE) 1
16 8
Risk Restructuring and Recovery)
35 Certification in Audit Committee Practices (CACP) 1
BRI LSP Credit Banking Certification (Senior
17 1 36 Subject Matter Expert (SME) 3
Credit Officer)
TOTAL 1,286
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The Internal Audit Business Unit Formal Educational Qualifications
No Education Total
1 S1 1,529
2 S2 107
3 Other 99
TOTAL 1,735
Competency Development Program for Internal Audit Unit
In addition, continuing education is carried out through on job training, development and enhancement education (Inclass, In House
Training, Public Courses and Seminars) and Auditor professional certification. The education provided to students with the following
details:
Number of
No Name of Educational Activity
Participants
Soft Competency :
1 88
BRILian Leader Development Program (BLDP)
Hard Competency :
a. IHT Special Request
2 b. Public Course Dalam Negeri 5.073
c. Public Course Luar Negeri
d. Brilian Specialist Development Program (BSDP 0, 1, 2, 3)
TOTAL 5.161
Participation in The Internal Audit Professional Association
To advance the insight and professional competence of internal audit, ISU has participated in the internal audit professional association,
one of which is the participation of IAU BRI in external organizations, such as:
Name of Activity/Organization Position
Deputy Secretary-General for Training, Education & Development;
Ikatan Auditor Internal Bank (IAIB) Communication; Certification & Ethics; Research & Development;
Membership
Association of Certified Fraud Examiners (ACFE) Deputy Director of Public Relations & Publication
Asosiasi Forensik Digital Indonesia (AFDI) Executive Member for Partnerships
Certification of Internal Audit Unit
The Internal Audit Unit successfully completed the ISO 9001:2015 Quality Management System recertification by SGS Indonesia on July 15,
2024, with no Major or Minor findings. As a result, SKAI BRI has maintained its ISO 9001:2015 certification, which remains valid until December
2026. This marks 24 consecutive years of ISO certification since SKAI BRI first obtained ISO 9001:2000 certification in 2002. The certification
applies to all SKAI units, including the Audit Standard & Quality Development Division, Head Office Audit, Desk Special Investigation Audit, and
18 Regional Audit Office. This achievement reflects SKAI BRI’s commitment to implementing a robust quality management system in all audit
activities, reinforcing its vision to be a reliable strategic business partner in supporting BRI’s corporate vision and serving as a benchmark for
best practices among Internal Audit Units in Indonesia.
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1. Possessing the knowledge, skills, and competencies
necessary for conducting comprehensive internal audits,
both individually and collectively, aligned with the bank's
business developments and complexity..
2. Applying knowledge, skills, and competencies professionally
and skeptically in fulfilling responsibilities, considering the
needs of the audited area or consultancy services provided,
as well as factors such as work scope, complexity, materiality,
significance, adequacy, and the effectiveness of governance,
risk management, and internal control processes.
3. Demonstrating proficiency in verbal and written
communication for effective interactions.
4. Continuously enhancing knowledge, skills, and other
competencies through professional development.
5. Having the ability to gather and analyze information, examine
and evaluate audit evidence, and effectively communicate
with stakeholders.
6. Adhering to professional internal audit standards at all times.
Independence of SKAI BRI
Auditor's Code of Ethics As the third line of defense, SKAI BRI maintains structural
independence from the first line (Operational Units) and
BRI SKAI has a code of ethics in the form of basic principles of second line (Risk Management and Compliance Divisions). SKAI
personal and professional behavior that must be adhered to by BRI operates under the direct supervision of the President
Internal Auditors both individually and in groups in carrying out Director and maintains a communication line with the Board
audit activities to improve the ethical culture in the Internal of Commissioners (specifically with the Audit Committee). This
Audit Profession. The BRI Auditor Code of Ethics consists of 4 structure ensures the independence and objectivity of audit
(four) principles, namely: execution and reporting, allowing SKAI to present its insights
1. Integrity and opinions without influence or pressure from management
Honest, building trust which is the basis of professional or other parties related to BRI. SKAI BRI maintains regular
internal auditors in implementing duties and responsibilities. communication with the Audit Committee, including coordination
2. Objectivity meetings and routine reporting of audit results. Additionally, to
Objectivity principle Internal Auditors conduct a balanced preserve the objectivity of Internal Auditors, periodic rotation of
assessment of all matters that are relevant and are not audit assignments is implemented.
unduly affected by personal interests or other parties in
giving consideration; Auditor Internal shall practice objective Audit Information Management System
behavior in collecting, evaluating and communicating
information on the activities/ processes being tested. The Internal Audit Business Unit has an adequate Audit Information
3. Confidentiality Management System known as the BRI Audit Management
Respect the value and ownership of information received System (BRISMA). BRISMA is a suite of applications in the field
and do not disclose that information without legal authority, of Audit Management that facilitates the establishment of
except as required by law or profession. audit standards at all stages of the internal audit process at BRI
4. Competence starting from the planning, implementation, documentation to
Applying knowledge, skills, and experience required in monitoring stages.
providing internal audit services.
Audit Methodologies
Internal Auditors demonstrate their commitment to the Code of
Ethics by signing the Internal Audit Code of Ethics Declaration, The Internal Audit Unit applies the risk based audit (RBA) method
which is renewed annually. This process serves as a reminder for in carrying out the audit function by focusing on highrisk areas.
every auditor to uphold and comply with the ethical standards The determination of universe audit is carried out by taking
required in their profession. The execution of audit activities into account the company’s objectives, risks evaluation that
requires auditor professionalism, which includes : potentially may hamper the achievement of Company objectives
and ensuring the existing internal control system can mitigate
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risks. With this methodology, the audit implementation is focused is supported by the development of risk indicators through big
on areas with high risk potential that can affect the Company’s data technology. To realize The Internal Audit Business Unit’s
goals achievement. To support the efficiency and effectiveness role as a Strategic Business Partner, several things have been
of risk based audits, IAU uses the Computer Assisted Audit carried out, including conveying suggestions, ideas and input
Technique (CAAT’s) as an analytical audit device to determine for improving policies, holding communication forums between
audit priorities, audit scope and sample of audits. the Regional Audit Office and the Regional Office, the Teaching
Auditor Program, consultation activities, and sharing knowledge,
In addition to audit activities, the Internal Audit Business Unit especially related to internal control, risk management and GCG.
carries out early detection (early warning signal) of potential This activity is a manifestation of The Internal Audit Business
risks through off site monitoring activities carried out by the Unit’s vision as a strong and trusted SBP that can provide added
Audit Business Unit. The audit role in the Early Warning Signal value to companies in order to achieve BRl’s vision. Through
is expected to provide early detection of increased risks that these activities, it is hoped that it can improve the risk awareness
occur in the Business Unit. Implementation of off site monitoring culture, compliance culture and GCG culture at all business unit
levels.
Brief Report on the Implementation of Internal Audit Activities In 2024
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 2024, SKAI carried out regular audits on 2,736 business units or reached 110% of PAT with the following details:
Business Unit Target 2024 Audit Realization Achievement
Division 1 2 200,0%
Regional Office 18 18 100,0%
Special Branch Office 1 1 100,0%
Branch Office 209 243 116,3%
Sub Branch Office 273 295 108,1%
Cash Office 144 164 113,9%
BRI Unit 1842 2.007 109,0%
Overseas Business Unit 4 4 100,0%
Subsidiary Company 2 2 100,0%
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 other committees.
During 2024, The Internal Audit Business Unit has held 131 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:
Information Number of Meetings
Board of Commissioners 30
Board of Directors 62
Board of Commissioners and Directors 15
Audit Committee 10
Risk Management Monitoring Committee 2
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Information Number of Meetings
Integrated Governance Committee 6
Product Committee 6
Total 131
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, 2024 are as follows:
Number of
No RPM Monitoring Results % Recommendation
Recommendations
1 Adequate 41.268 99,90%
2 Inadequate 23 0,06%
3 Under Monitoring 18 0,04%
Total 41.309
Notes:
1) The 0.06% of recommendations that received an “inadequate” opinion will be included as audit objects in the next audit period.
2) Under monitoring refers to follow-up commitments that are due 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, 2024, are as follows:
Number of Commitments
Not finished yet
No Examining Agency
Total Commitment Finished Within the Missed the
deadline deadline
1 Financial Services Authority 415 409 11 0
2 Indonesian Financial Audit Agency (BPK) 260 203 57 0
3 Bank Indonesia (BI) 164 150 14 0
4 Public Accounting Office Ernst & Young (EY) 132 126 6 0
5 PPATK 15 15 0 0
Total 986 898 88 0
Synergy with Assurance Providers
The Internal Audit Business Unit coordinates and collaborates with other control functions, especially in terms of mapping the coverage
of assurance (covering significant risks, parties providing assurance, etc.). This is done to help identify gaps and duplication of insurance
coverage as well as assist The Internal Audit Business Unit to evaluate the adequacy of assurance services for each risk. The results of
the mapping are discussed with other control functions to obtain agreement on the coordination of activities in minimizing duplication
of work, maximizing efficiency, and increasing the effectiveness of assurance coverage.
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Risk Management Unit
RISK MANAGEMENT DIRECTORATE PERFORMANCE SUMMARY 2024
Risk Management is implemented across all banking activities methodologies and policies for Risk Management. The third
in accordance with regulatory requirements. The process line, represented by the Internal Audit function, ensures
involves continuous risk identification, measurement, that governance and risk control mechanisms are effectively
monitoring, and control, which are carried out through the implemented across the organization.
three lines model.
BRI’s Risk Management Unit is composed of several divisions,
The first line, as the risk-owning unit, is directly responsible including the Market, Portfolio & Enterprise Risk Division,
for identifying and managing risks within business processes, the Operational Risk Division, the Digital Risk Division, and
which include the Core Risk Taking Units and Supporting the Credit & Product Risk Policy Division. These divisions
Risk Taking Units. The second line, which consists of the work together to strengthen risk governance, enhance risk
Risk Management and Compliance functions, operates mitigation strategies, and ensure the bank’s resilience in an
as an independent unit that measures, monitors, and increasingly complex financial environment.
mitigates risks at an aggregate level while also developing
Duties and Responsibilities of Risk Management
1st Line 2nd Line 3rd Line
Optimalisasi Risk & Return
Business Unit Independent
(Core Risk Taking Unit) Assurance
Risk Supporting Risk Policy
Unit Making Unit
Internal Audit
Operation
(Supporting Risk Taking Unit)
Unit
Risk Owner Business Unit SKMR SPI
The Risk Management Unit is an independent unit separate from d. Reviews proposals for new products and/or activities,
the Risk-Taking Unit and Internal Audit Unit (SKAI), consisting of including an assessment of BRI’s capability to execute
the Risk Supporting Unit and Risk Policy Making Unit, with the new activities/products and evaluations of proposed
following duties and responsibilities: system and procedural changes.
1. Risk Supporting Unit e. Conducts regular reviews and/or as needed to ensure
a. Develops procedures and tools for identifying, the adequacy of risk management policies, strategies,
measuring, monitoring, and controlling risks to support and guidelines, the accuracy of risk assessment
the supervision process. methodologies, and the adequacy of the Risk
b. Monitors the implementation of policies, strategies, Management Information System (RMIS).
and guidelines for risk management applied by the Risk- f. Prepares and submits mandatory reports to regulators in
Taking Unit. compliance with applicable regulations.
c. Tracks overall risk position/exposure (composite), as g. Provides recommendations to the Risk-Taking Unit within
well as by risk type and functional activity, including its designated authority.
compliance monitoring with risk tolerance and
established limits.
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2. Risk Policy Making Unit f. Evaluates the accuracy of risk models and validates the
a. Develops policies and strategies for Risk Management data used for risk measurement.
implementation. g. Prepares and submits Risk Management monitoring reports
b. Formulates, evaluates, and submits proposals for the along with improvement recommendations to the Board of
determination of Risk Appetite, Risk Tolerance, and Risk Directors through the Risk Management Committee.
Limits to the Board of Directors, taking into account h. Conducts regular reviews and/or as needed to ensure
inputs from the Risk-Taking Unit. the adequacy of risk management policies, strategies,
c. Develops procedures and tools for identifying, measuring, and guidelines, the accuracy of risk assessment
monitoring, and controlling risks. methodologies, and the adequacy of the Risk
d. Monitors overall risk position/exposure (composite), as Management Information System (RMIS).
well as per risk type and functional activity, including i. Prepares and submits mandatory regulatory reports in
compliance monitoring with risk tolerance and compliance with applicable regulations.
established limits.
e. Conducts stress testing periodically or as needed to
assess the impact of economic changes on portfolio
performance and overall business operations.
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Profile of The Head of The Division in Risk Management
EDUCATION BACKGROUND
• Bachelor of Electrical Engineering UGM (2003)
• MBA Melbourne Business School (2012)
CERTIFICATION
• Risk Management Certification Level 6
• Indonesian Professional Certification Authority
WORK EXPERIENCE
• Head of Market, Portfolio & Enterprise Risk Division (2021)
• Head of Micro, SME, Consumer Credit Risk & Policy Division (2020)
• Deputy Head of Asset, Liabilities & Management Information System Division (2019)
• Head of Equity Management & Strategic Investment Division (2018)
• Head of Investor Communication Division (2015)
Ety Yuniarti
Market, Portfolio & Enterprise Risk Division LEGAL BASIS FOR APPOINTMENT
Head
Served as Market, Portfolio & Enterprise Risk Division Head based on Board of Directors Decree No.
Indonesian citizen, born in Klaten in 214.e-DIR/HCB/05/2022 dated May 1, 2022
1981. Age 43 years as of December 2024.
Domiciled in Jakarta
EDUCATION BACKGROUND
S1 Accounting Economics, Diponegoro University (1997)
CERTIFICATION
• Certified Associate Wealth Manager (AWM)
• Certified Wealth Management (Level 4-7)
• Risk Management Certificate Level 5
PENGALAMAN KERJA
• Operational Risk Division Head (August 2023-present)
• Loan Restructuring & Recovery Division Head (May 2023-July 2023)
• 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)
Dodo Marjanto
Operational Risk Division Head LEGAL BASIS FOR APPOINTMENT
Board of Directors Decree Number R.697-DIR/HCB/07/2023 dated July 20, 2023 concerning BRI
Indonesian citizen, born in Semarang in Official Transfers.
1972. Age 52 years as of December 2024.
Domiciled in Jakarta
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EDUCATION BACKGROUND
• S1, Bandung Institute of Technology (2001)
• MSc, University Fachhochschule Ravensburg – Weingarten (2003)
CERTIFICATION
• Risk Management Certification Level 5
• Information Technology Infrastructure Library (ITIL)
• Risk Governance Professional (CRGP) Certification
WORK EXPERIENCE
• Division Head, Digital Risk Management (2023 - present)
• Department Head, IT Enterprise Architecture Department (2021 - 2023)
• VP, Application Management & Operations Division (2020 - 2021)
Nugroho Pancayogo LEGAL BASIS FOR APPOINTMENT
Digital Risk Division Head
Served as Digital Risk Division Head in accordance with Decree NOKEP 395.e-DIR/HCB/09/2023
Indonesian citizen, born in Pontianak in
1978. Age 46 years as of December 2024.
Domiciled in Jakarta
EDUCATION BACKGROUND
• S1 – Faculty of Animal Husbandry, Department of Animal Production, Diponegoro University (1991)
• S2 – Master of Agribusiness Management, Bogor Agricultural Institute (2004)
CERTIFICATION
• Risk Management Certification Level 2
• Banking Compliance Certification Lever Manager
• Credit Officer Certification Level 3
WORK EXPERIENCE
• Joined PT. Bank Rakyat Indonesia, Tbk (1992)
• Senior Staff Wholesale Credit Risk Analyst Division (2011)
• Group Head Audit Group (2013)
• Group Head Banjarmasin Inspection Office (2014)
• Head of Compliance Division Loan Division (2017)
• Assistant Vice President Compliance Division (2020)
Nugroho Ari Bawono
• Vice President Compliance Division (2021)
Credit & Product Policy Risk Division Head • Vice President Corporate Compliance Assurance Team (2021)
• Department Head Compliance Department (2021)
Indonesian citizen, born in Semarang in • Vice President Credit & Product Risk Policy Division (2023)
1968. Age 56 years as of December 2024. • Division Head Credit & Product Risk Policy Division (2023)
Domiciled in Tangerang
LEGAL BASIS FOR APPOINTMENT
Served as Credit & Product Risk Policy Division Head since February 1, 2023 based on Board of Directors
Decree No. S.22.e-DIR/HCB/02/2023 dated February 6, 2023
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Competency Development of Risk Management
Education and competency development programs for 2024 were as follows:
No. Program Name Topics/Description
1 Operational Risk Management Level 1
2 Legal Aspects of Banking Transactions
3 Accounting and Bookkeeping
4 Asset Management
5 Trade Finance Risk Mitigation
6 BRInets Operational Supervision
7 NDS Supervisor Application
8 BRInets Application
9 Money Changer Application
10 BRISURF
11 BRIsim Application
12 Anti-Fraud Strategy
13 Business Continuity Management (BCM)
1 BSDP 0 BRC-URC 2024 14 Occupational Health and Safety (K3)
15 Implementasi Risk Culture
16 Enterprise Risk Management Level 1
17 Compliance Level 1
18 Loan Regulatory
19 SLIK Application
20 BRISIM
21 BRISPOT
22 BRIMEN
23 Critical Point Loan Activity
24 Monitoring Berkala
25 KRID
26 Micro and Ultra-Micro Loan Policies and Procedures
27 On-the-Job Training (OJT
1 Fraud Risk Management
2 Operational Risk Management
3 Business Continuity Planning
4 Overview NDS
2 BSDP 1 BRC-URC 2024
5 Overview SAP
6 Forensic Financial Reporting
7 Brispot
8 Bridex
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No. Program Name Topics/Description
9 UKO Financial Statements
10 Compliance
11 Communication
1 Internal Control - COSO Framework
3 BSDP 1 RRM Head 2024
2 Engaging Communication
1 Fraud Risk Management
2 Operational Risk Management
3 Business Continuity Planning
4 COSO Internal Control & ERM
5 Overview SAP
2 BSDP 1 RMC 2024 6 Forensik Laporan Keuangan
7 Brispot
8 Bridex
9 Laporan Keuangan UKO
10 Compliance
11 Engaging Communication
4 BSDP 1 RM CRR 1 Collateral Valuation Certification (Mappi)
1 Insights and Strategy for CRR Division & Problematic KPP Resolution
Critical Points in Product Knowledge for KPR, Briguna & KPR Buyback Mechanism, PKS
2
Cooperation
5 BSDP RM CRR Spesialis Consumer
3 Collateral Marketing in Collaboration with Property Agents
4 Package Analysis and Case Study on Legal Aspects
5 Communication Skill & Grooming
6 Product Knowledge (KPR & Briguna)
1 KPR Collection Strategy Stage 3
2 BRIGuna Collection Strategy Stage 3
6 BSDP RM CRR Taskforce_Consumer
3 Loan Restructuring
4 Insurance Claim Mechanism
1 Loan Resolution (Collateral Valuation and Auction)
2 Loan Restructuring
3 Loan Package Analysis
7 BSDP RM CRR Taskforce 4 Digital Marketing
5 Legal Aspects of Non-Performing Loan Management
6 Claim and Subrogation Monitoring
7 BRI Auction Information Website
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No. Program Name Topics/Description
1 Fundamentals of Financial Reporting (ALK = Accounting & Financial Reporting)
2 Loan Analysis
3 Forensic Financial Reporting
8 BSDP 0 CRA 2024
4 Loan Package Analysis
5 Legal Aspects of Loan & Collateral
6 Credit Risk Management
7 CKPN Calculation Methods
1 Business Profile (Palm Oil & Mining Industry)
2 Credit Risk Management
9 BSDP 1 CRA 2024
3 Sustainable Financing
4 Technical Aspects of Brispot S5
1 Fraud Overview (Understanding Fraud Types & Recognizing Fraud Tree in Financial Services
10 BSDP 1 ORD - Fraud Investigation
2 Criminal Psychology and Deviant Behavior
3 Investigation Techniques and Evidence Gathering
1 Big Data Environments
2 Hue (Hive & Impala)
BSDP 1 Risk management (ORD) - Data
11
Analytics
3 Claudera Data Science Workbench - Spark (CDSW)
4 Tableau
1 Strengthening the 2nd Line of Defense
2 Service Excellence
12 BSDP 1 MRR Enhancement 3 Fix Asset & Procurement
4 Selective Growth Small Business
5 S5 Critical Points in Credit Policy
6 Monitoring and Managing Non-Performing Loans
7 Consumer Loan Quality Monitoring
8 Regulatory Compliance Implementation
1 Anti-Fraud Strategy E-learning (Feb 2024)
13 Anti Fraud Strategy
2 Anti-Fraud Strategy E-learning (June 2024)
14 Risk Culture (e-Learning) 3 Optimizing Sustainable Value Creation from Operational Risk Division
1 Asertif Communication
2 IT Risk Management
3 Digital Risk Mindset & Overview
15 Divisi DRD
4 IRMS Tools Refreshment – Risk Management Module
5 Corporate Risk Management Certification from BPKP
6 CRGP, ERMAP, and CRMP Certification
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No. Program Name Topics/Description
7 Third-Party Risk Management Refreshment
8 Webinar on IT Risk Management in UKO
9 Webinar on Data Security Risk
10 DRD Division Webinar Series
11 BSDP 1 – Personal Data Protection for Internal BRI and Subsidiaries
1 Risk Management Certification Level 4
TOT Education Risk Management
16
Certification
2 Risk Management Certification Level 4
1 EWS Application
2 Legal Drafting
17 BSDP 1 KRD 3 Big Data Environment & Query
4 Binary Probability Mode
5 Amazing Slide Infographic
1 RKAP Acceleration Program (Extra Rewards, BRI Action)
2 BRI Auction Information (Website)
3 Brispot
4 Operational Business Expenses – Brifist (SAP)
5 Updates on Internal/External/Third-Party Policies (Litigation) Across Divisions
6 Bankruptcy (DJKN & Lawyers)
18 Risk Upgrade Series - Webinar
7 Digital Marketing (Agen Properti, Influencer dsb)
8 HC and RM Productivity (JO & My Core, Individual & Unit Targets)
9 Disaster Preparedness for Megathrust Earthquake and Tsunami
10 Opportunity & Risk in Generative AI & Quantum Computing
11 Brispot Upper Small & Medium
12 BCM Implementation for Banking Resilience
1 BRI Collaboration with Loan Service Agencies
2 First Amendment to Non-Performing Loan Management Policy
19 Webinar CRISPY 3 Credit Policy Relaxation for Quality Control and Recovery Optimization in 2024
4 Credit Policy Changes for Cash Collateral Loans
5 Value Chain Financing Policy Changes
1 CRR Division Booster Program
20 Webinar CRR
2 CRR Division Auction Cost Accounting for 2024
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No. Program Name Topics/Description
1 Corporate Early Warning System (EWS) Application
2 Big Data Environment & Query
3 BSDP Risk Legal & Policy Drafting
4 Market Risk Management Binary Probability Model
21 BSDP Risk Management
5 Amazing Slide Infographic
6 CRGP Certification Preparation
7 CRMP Certification Preparation
8 ERMAP Certification Preparation
Risk Management Certification (SMR) for
22 1 Risk Management Certification Level 4
RM CRR
1 National Anti Fraud Conference 2024
2 Forensic Audit
3 Certified Corporate Risk Analyst (CCRA) Certification
4 Indonesia Privacy Leader Summit: Two Years of PDP Law
5 Firm-Wide Stress Testing: Using Web App & Mobile App Stress Testing
6 Risk Maturity Index
23 Public Course
ESG Intelligence Reporting Centre-PPA FEB UI : ESG Reporting and Sustainable Disclosures
7
Workshop : Bridging CSR, ESG and ISSB S1, ISSB S2
8 Sustainability For Organizational Resilience And Competitive Advantage
9 Fundamentals of Trade Services, Trade Finance, SCF & Guarantee
10 Training Desain Grafis Adobe Photoshop dan Illustrator.
Indonesia Risk Management Outlook 2025 Pursuing Sustainable Growth Amidst Uncertainty
11
and Volatility
12 Digital Fraud Transformation: AI Integration & Compliance with POJK 12/2024 & 15/2024
Risk Management Certification
Risk Management Certification is proof of the fulfillment of HR competencies in BRI’s Risk Management in accordance with the
competency standards issued by the Banking Sector Professional Certification Institution (LSP). The number of employees holding Risk
Management Certification at BRI in 2024 is as follows:
No Certification Level Participant
1 Level 4 2.482
2 Level 5 430
3 Level 6 24
4 Level 7 6
Total 2.942
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Implementation of Risk Management Functions e. Recovery options for capital, liquidity, profitability, and
In 2024 asset quality.
1. Determination of Risk Appetite Statement (RAS) and Risk Meanwhile, the contents of the Resolution Plan include parts
Limit of the Recovery Action Plan, with the addition of:
In formulating Risk Management policies and strategies, a. Analysis of critical economic functions;
the Board of Directors of BRI has established a Risk Appetite b. Analysis of critical shared service functions in IT and non-
Statement (RAS) in the form of statements that are IT fields, along with their continuity in the resolution
quantitative, qualitative, and zero tolerance. RAS is reviewed phase;
annually or from time to time by taking into account changes c. Analysis of critical financial market infrastructure
in BRI’s business plans and objectives as well as changes relationships, along with their continuity in the resolution
in business environmental conditions. RAS is used as an phase;
objective guide in making strategic decisions related to risk d. Analysis of resolution options; and
management and as a tool for Management in implementing e. Identification of assets.
good business governance.
The Disclosure Report on the Recovery Action Plan and
Furthermore, the RAS is reduced to the risk limit for each risk Resolution Plan of BRI is presented to internal and external
indicator. The determination of RAS and risk limits is carried parties, with the level of disclosure adjusted according to
out by taking into account the level of risk to be taken as each targeted audience.
well as the overall strategy and targets of the Bank. The set
risk limits include overall (composite) risk, per type of risk, 3. Assessment of the Adequacy of New Bank Product Risk
and per functional activity. The determination of risk limits Management (PBB)
is used as a guide for business unit activities to manage the The product owner is required to conduct a self-assessment
type and amount of risk that is acceptable. on every plan to issue a New Bank Product (PBB).
Furthermore, the Risk Management Business Unit (SKMR)
2. Preparation of a Systemic Bank Recovery Plan and coordinated by the Operational Risk Division evaluated the
Resolution Plan adequacy of risk management against the plan to issue New
In 2024, BRI updated its Action Plan as amended in OJK Bank Product. In this assessment, Risk Management Business
Regulation No. 5 of 2024 into the Recovery Action Plan and Unit ensured that every risk attached to the plan to issue
Resolution Plan, which are regulated in PLPS No. 2 of 2024 New Bank Product and controls had been properly identified
concerning the Resolution Plan for Commercial Banks. and measured. The process of assessing the adequacy of risk
management involved Risk Management Business Unit in
The Recovery Action Plan document outlines mechanisms accordance with the areas of risk that were their authority.
aimed at preventing, recovering, and/or improving BRI's An assessment of the adequacy of risk management was also
financial condition in response to financial crises or other carried out on the plan to organize activities for the Bank’s
market disruptions that impact capital, liquidity, profitability, own activities as a form of implementation of the Bank’s Risk
and asset quality, which may threaten BRI's business continuity. Management.
The Resolution Plan document contains information about The risk management policy for the planned issuance of PBB
the Bank and resolution strategies, which serve as one of is regulated in Circular Letter No. SE.30-DIR/PPM/11/2024
the considerations for LPS in handling or resolving banks Book 2 on Risk Management in Product Implementation.
classified as failing banks. The adequacy assessment of risk management from SKMR
is then used for the further product management process of
The contents of the Recovery Action Plan include: the Bank, both internally and in reporting to the Regulator,
a. Materiality analysis and ranking to determine the ranking in accordance with POJK No. 13/POJK.03/2021 on General
of business lines, office networks, and subsidiaries; Bank Product Implementation.
b. Analysis of external business linkages;
c. Impact scenario analysis of changes through Stress 4. Increased Capability of Regional Risk Management (RRM)
Testing, divided into three (3) scenarios: Idiosyncratic, The establishment of the Regional Risk Management
Market-wide, and a combination of both (worst-case (RRM) organization was carried out to strengthen the
scenario); implementation of Risk Management at the Regional
d. Trigger levels for activating the Recovery Action Plan level in order to realize the risk management aspirations
based on the results of Stress Testing, categorized into of “Managing Risk for Sustainable Bussines, Operational
prevention, recovery, and improvement levels according Excellent, and Banking Resilience”.
to OJK Regulation No. 5 of 2024; and
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RRM in the Regional Office acts as a control tower that The CRA Team consists of a Team Leader CRA and Team
maintains the quality of the portfolio and operations at the Members CRA, who are involved in the loan facility process
Regional level and is led by an Officer at the Vice President for the Upper Small segment (Total Exposure IDR 5 billion
(VP) level called the RRM Head. RRM’s organizational – 25 billion) and Medium segment (Total Exposure IDR 25
structure consists of an RRM Head who supervises Credit Risk billion – 500 billion).
Analyst (CRA) and Risk Management and Compliance (RMC).
In the loan approval process, CRA functions as Credit Risk
CRA, based in the Regional Office, carries out the credit risk Management, responsible for risk control and assessment
management function, while RMC, also based in the Regional by reviewing the adequacy of risk analysis conducted by
Office, supervises Micro & Retail Risk & Compliance (MRR), the business sector’s loan initiators (RM). CRA performs
which operates at the Branch Office, and oversees Retail and risk analysis and assessment objectively and professionally,
Micro business units. The role of RRM is outlined in SOP No. ensuring the growth of a healthy loan portfolio while
SO.36-ORD/12/2024 regarding Regional Risk Management maintaining loan quality.
SOP.
5. Implementation of Risk Awareness Culture
To support the implementation of the RRM role, several Risk & Governance Culture is the basis for implementing
competency development activities have been conducted the BRI One Culture national cultural theme to ensure the
throughout 2024, including: implementation of risk management in every banking activity.
a. Implementation of the Risk Upgrade Series Webinar for In 2023, Risk Culture provisions have been issued through
the RRM Team. SE.04-DIR/CTR/01/2023 dated January 31, 2023 regarding
b. BSDP training for CRA, RMC, BRC URC, and MRR (following Corporate Culture Book 2 Risk Culture as a guide for Insan
the revitalization of BRC URC). BRILian in implementing and supporting the implementation
c. In-House Training (IHT) for the RRM Team at the Regional of Risk Culture.
Office.
d. Awareness Programs for the RRM Team, including RRM Risk culture internalization programs that have been
Smart (Sharing Session), Podcasts, Risk Awareness implemented include:
materials (Catalogs, Videos, Flyers, BRILIAN Sadar Risiko, a. Culture Activation Program (CAP)
Risk in News, and E-Learning). Each business unit has established a CAP to shape the
e. Risk Management Certification (Levels 4 and 5) and behavior needed to achieve KPIs prudently through the
compliance certification. activities specified in the CAP.
f. National Operational Risk Forum for RRM Heads, RMC b. Build Worker Risk Awareness in Business Unit
Team, CRA Team, and MRR. SKMR routinely delivers risk awareness media in the
g. Quality Assurance Implementation across all RRM units. form of letters, media infographics, webinars, podcasts,
h. MRR Assessment: Evaluation/Re-assessment of MRR e-learning, the Bank’s official social media accounts and
with results categorized as Fit or Need Improvement. email/WA/sms blasts.
c. Empowering Risk Officer
MRR, as a partner to Branch Office Unit Leaders, is primarily The involvement of the Risk Officer as the Transformation
responsible for ensuring operational risk management and Driving Team is required in internalizing and ensuring
compliance to safeguard performance targets, fraud control, that the implementation of risk culture is implemented.
human error prevention, BCM & K3 implementation, and Thus, the MR function is strengthened through adjusting
adherence to internal and external regulations within its operational procedures and upgrading knowledge and
assigned units. To support MRR activities, several system technical skills through education/socialization.
developments have been implemented, including: d. Early Detection
The implementation of a risk culture needs to be
a. Early Warning Sign Dashboard: Regional Risk Profile supported by Early Warning System tools which can help
Dashboard, Key Risk Indicator Dashboard (KRID), mitigate or correct risk events early.
Operational Supervision Dashboard (DPO), and e. Business Process Review
Irregularity Activity Tools. Risk culture activities are reflected through the
b. Fraud Detection System. implementation of daily banking operational procedures.
c. Data Collaboration with 3rd Line: Regular Monitoring Thus, it is necessary to review the adequacy of control
and Fraud Risk Detection. over operational procedures..
d. Operational Risk Management Tools: BRIOPRA 4.0 and
IRMS.
690 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
6. Implementation of Anti Fraud Strategy 7. Strengthening Digital Risk Management
In compliance with OJK Regulation Number 12 of 2024, Along with the development of the bank’s digitalization,
dated July 21, 2024, on the Implementation of Anti-Fraud the exposure to risks in using digital platforms for banking
Strategies for Financial Service Institutions, and as a services has also increased. This rise in risk exposure requires
demonstration of the commitment of the Board of Directors a more adaptive and effective digital risk control process to
and Board of Commissioners, BRI has strengthened fraud enhance the resilience of the bank’s infrastructure and the
control through the implementation of an anti-fraud strategy. reliability of its digital services. BRI has issued Guidelines
The BRI Anti-Fraud Strategy regulations have been updated for the Implementation of Digital Risk Management as the
in accordance with Circular Letter P3MRO No. SE.58.b-DIR/ foundation for assisting, monitoring, and assessing the
ORD/12/2022, Book 2, concerning BRI’s Anti-Fraud Strategy, adequacy of digital risk management at BRI. This is carried
dated December 31, 2024. The implementation of the Anti- out through digital risk management tools, including a
Fraud Strategy consists of: digital risk register, key risk indicators, incident database
1. Pilar 1 (Prevention) and analytics, and action plan management. Currently,
It is the responsibility of all levels of the Bank to minimize to align with the bank’s business growth and adapt to the
the potential for fraud by strengthening awareness increasing digital risk exposure resulting from digitalization,
and an anti-fraud culture which is manifested by the BRI is enhancing the Integrated Risk Management System
willingness to sign an integrity pact by all levels of the (IRMS Tools). As part of its compliance with the Personal
Bank’s organization including the Board of Directors, Data Protection Law (UUPDP), BRI has established a Data
Board of Commissioners and all BRILian personnel Protection Organization to implement the law effectively.
at least once a year. Programs implemented in the Additionally, in support of integrated governance for
prevention pillar include: education and development financial conglomerates, BRI, together with its subsidiaries,
of anti-fraud competency for all employees, increasing is improving digital risk management.
awareness for customers which is carried out regularly
through the Bank’s social media platforms, identifying 8. Implementation of Business Continuity Management
vulnerabilities in the Bank’s operational activities and/or (BCM) and K3 Management System
business processes, as well as getting to know employees BRI recognizes and understands its role in providing banking
policies. products and services while ensuring business continuity,
2. Pilar 2 ( Detection) both under normal conditions and during disruptions or
It is the responsibility of all levels of the Bank to detect disasters. This has led BRI to establish specific policies
fraud that occurs within the Bank. Devices used to detect to identify, test, and implement Business Continuity
fraud include: Whistleblowing System, Fraud Detection Management (BCM), as outlined in Circular Letter No. SE.50-
System, surprise inspection activities that prioritize DIR/MPE/12/2023, dated December 29, 2023, and Standard
vulnerable business units or activities, as well as the Operating Procedure No. SO.05a-ORD/05/2023.
implementation of a monitoring system.
3. Pilar 3 (Investigation, Reporting and Sanctions) BCM is a critical process for the company to maintain business
Investigation activities are carried out by the Fraud operations and minimize potential impacts in the event of a
Investigation Function and the results are reported to the disaster or crisis.
Board of Directors and Board of Commissioners, as well
as Regulators, including recommendations for resolving In addition, BRI’s main commitment to the health and safety
cases in the form of applying disciplinary sanctions and/ of employees’ lives was met by implementing an Occupational
or legal processes in accordance with the Bank’s internal Safety and Health Management System (SMK3) to minimize
provisions and applicable legal regulations. operational risks. The implementation of Occupational Safety
4. Pilar 4 (Monitoring, Evaluation and Follow-up) and Health Management System at BRI was coordinated by the
This is a monitoring activity regarding the follow-up to BCM and OHS Departments in the Operational Risk Division,
the results of fraud investigations as well as efforts to under the Risk Management Directorate. BRI’s Occupational
improve the internal control system to prevent the same Safety and Health Management System policy was regulated
fraud incident from recurring. The Board of Directors in Circular Letter Number: SE.50-DIR/MPE/12/2023 Book
and Board of Commissioners actively carry out regular 1 concerning Business Continuity Management (BCM) and
monitoring and evaluation of the implementation of Book 2 Occupational Health and Safety Management System
anti-fraud strategies. and SOP for Occupational Health and Safety Implementation
as regulated in provision No. SO.05-ORD/05/2023.
PT Bank Rakyat Indonesia (Persero) Tbk 691
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Corporate
Governance
During 2024, BRI implemented several programs for Business 10. Implementation of Risk-Weighted Asset Calculation for
Continuity Management (BCM) and Occupational Health and Market Risk under Basel III (Fundamental Review of The
Safety Management System (SMK3), including: Risk Assessment Trading Book)
for Disaster Threats (PRAB), Business Impact Analysis (BIA), In accordance with SEOJK No.23/SEOJK.03/2022 dated
review and updating of the Business Continuity Plan (BCP), December 7, 2022, on the Calculation of Risk-Weighted Assets
Disaster Recovery Plan (DRP), Emergency Response Plan (ERP), for Market Risk, BRI has implemented the calculation (system
risk and hazard assessment for Occupational Health and Safety and methodology) of Market Risk RWA in the calculation of
(K3) to identify the causes of hazards in the workplace or Hazard the Minimum Capital Adequacy Ratio (KPMM) starting from
Identification Risk Assessment Determining Control (HIRADC), January 2024. The update of regulations related to Market
socialization and training for floor wardens, development of Risk RWA aims to strengthen the capital held by banks,
risk awareness materials for BCM and K3 (letters, infographics, address weaknesses identified during the global financial
videos, podcasts, and others), as well as conducting emergency crisis, and minimize discrepancies in the capital models used
response simulations and drills across all Regional Offices by banks.
and Branch Offices to ensure workers' understanding in facing
disruptions/disasters. 11. Implementation of Interest Rate Risk in the Banking Book
(IRRBB) Calculation
BRI Bank has obtained ISO 22301:2019 certification for the BRI has implemented a methodology to measure the impact
implementation of the Business Continuity Management of interest rate movements in the banking book through
System (BCMS) from PT BSI Group Indonesia for the scope Interest Rate Risk in the Banking Book (IRRBB) in accordance
of financial transactions and banking payment systems. It with SEOJK No.12/SEOJK.03/2018 dated August 21, 2018.
is expected that this certification will ensure and enhance The IRRBB calculation is regularly conducted using the
resilience in the banking payment system in facing Economic Value of Equity (EVE) and Net Interest Income
disruptions/disasters. (NII) methods. The EVE method uses a long-term perspective
to calculate interest rate sensitivity to Tier 1 capital, while
9. Implementation of Risk-Weighted Assets Calculation for the NII method uses a short-term perspective to calculate
Credit Risk under Basel III Reform Standardized Approach. interest rate sensitivity to BRI’s estimated income for the
As of January 1, 2023, BRI will start implementing the coming year.
calculation of Risk-Weighted Assets (RWA) for Credit Risk
in accordance with SEOJK No 24/SEOJK.03/2021 dated 12. Preparation for the Implementation of Minimum Capital for
October 7, 2021 concerning Calculation of Risk-Weighted Operational Risk Using the Standardized Approach
Assets for Credit Risk using a Standard Approach for Banks In the calculation of capital requirements and Operational
General. RWA in accordance with SEOJK No. 6/SEOJK.03/2020 dated
April 29, 2020, on the Calculation of Risk-Weighted Assets
Changes in the calculation methodology in these provisions (RWA) for Operational Risk Using the Standardized Approach
include: for Commercial Banks, BRI has set regulations for Operational
a. changes in risk weights and more granular bucket Risk RWA using the standardized approach through the
numbers. Director's Circular No. SE.66-DIR/MPE/12/2022 Book 2 on
b. more diverse portfolio category classifications. Operational RWA Calculation. BRI reported the results of the
c. the need to carry out due diligence on counterparties Operational RWA calculation to OJK on March 28, 2024. This
to ensure understanding of the risk profile and measurement is intended to assess the adequacy of a bank's
characteristics of counterparties so that risk weighting capital against operational risk exposures over a one-year
does not depend solely on external ratings. period.
In the implementation of the new calculation standard, BRI 13. Granular Credit Scoring
has developed an automated calculation system, particularly BRI has developed a scoring model based on more
for the classification of loan assets, and has reported it to specific criteria by examining the risk profile of particular
the OJK every month since January 2023. In 2024, BRI characteristics. The goal of the granular scoring model is to
implemented OJK policies related to the calculation of Risk- provide a more accurate and targeted credit risk assessment
Weighted Assets (RWA) for derivative transactions through based on the risk profile of each customer. This allows credit
Central Counterparty (CCP). This step strengthens credit risk to grow while maintaining high-quality credit standards.
mitigation and supports capital efficiency in accordance with
Basel III standards. With CCP as an intermediary, BRI ensures
that derivative transactions are safer, more transparent, and
in line with regulations, thus enhancing banking stability and
customer trust.
692 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
16. Development of Methodology for Validating Internal
14. Development of Early Warning Signals for Corporate and
Credit Rating and Credit Scoring Models
SME Loan
Based on the Basel Capital Accord and in accordance with
To enhance credit risk monitoring, BRI has developed an Early
OJK requirements, internal models must meet a series of
Warning System (EWS). The EWS system is built using both
minimum criteria. In line with Basel provisions and the OJK
internal and macro risk indicators and incorporates forward-
Circular No. 34/SEOJK.03/2016 on Risk Management for
looking analysis. The EWS system is implemented for the
Commercial Banks, it is stated that banks must measure
Corporate and SME segments. The EWS generates signals
risks in accordance with the characteristics and complexity
(warnings) that BRI uses as a reference to determine actions
of their business activities. OJK also requires banks to have a
that need to be taken in the asset management process.
strong internal process for validating all components of the
credit risk models they use.
15. Policy on Debt Write-Off PP 47
BRI consistently supports government programs, including
policies related to the write-off of loans for SMEs. BRI has
issued internal regulations concerning the write-off of loans
for SME borrowers.
PT Bank Rakyat Indonesia (Persero) Tbk 693
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Corporate
Governance
Committees Under the Board of Directors Structure of Asset and Liability Committee (ALCO)
Membership)
The Board of Directors formed a committee to assist in carrying
out the duties and responsibilities of managing the bank. As of
Voting
December 31, 2024, BRI has Committees under the Board of Membership Structure Position
Rights
Directors as follows:
1. Asset and Liability Committee (ALCO) President Director Chairman
2. Capital & Investment Committee
Alternate Chairman
3. Human Capital Committee Deputy President Director I (concurrently
4. Information Technology Steering Committee Permanent Member)
5. Procurement Committee Alternate Chairman
6. Credit Policy Committee Director of Finance II (concurrently
Permanent Member)
7. Product Committee
8. Project Management Office Steering Committee (PMO SC) Desk Head, Assets & Liabilities Secretary (concurrently
Management Permanent Member)
9. Risk Management Committee
10. Environmental, Social & Governance (ESG) Committee Director of Wholesale and
Permanent Member
Institutional Business
Asset and Liability Committee (ALCO) Director of Small and Medium
Permanent Member
Business
ALCO is a Committee at the Head Office which is responsible for
Director of Consumer Business Permanent Member
formulating and determining asset and liability policies as well as
setting Fund Transfer Price (FTP) rates. Director of Micro Business Permanent Member
Director of Network & Services Permanent Member
Asset and Liability Committee (ALCO) Charter
Director of Digital & Information
Permanent Member
Technology
In carrying out its duties, ALCO refers to the Director’s Decree No.
NOKEP: 1564-DIR/PPM/07/2023, dated July 27, 2023, concerning Director of Risk Management Permanent Member
the Asset and Liability Committee (ALCO) of PT. Bank Rakyat
Director of Human Capital Permanent Member
Indonesia (Persero) Tbk., which regulates the Organization,
Duties, Authority and Responsibilities, Work Procedures, and SEVP Treasury & Global Services
Permanent Member
Business
Limited ALCO Meetings.
SEVP Commercial Business Permanent Member
Duties and Responsibilities of Asset and Liability
SEVP Ultra Micro Business Permanent Member
Committee (ALCO)
SEVP Operations Permanent Member
SEVP Human Capital Strategy Permanent Member
The Asset and Liability Committee (ALCO) has the following
duties and responsibilities: SEVP Change Management &
Permanent Member
Transformation Office
1. Determine optimal asset and liability management strategies
and policies by taking into account potential risk, optimum SEVP Fixed Asset Management &
Permanent Member
Procurement
yield generation and cost efficiency.
2. Determine the interest rates on deposit, lending rate (SBDK), Division Head, Agribusiness Permanent Member
fund transfer prices (FTP) and other pricing that have a direct
Division Head, Manufacturing &
impact on achieving net interest income (NII). ALCO can give Property
Permanent Member
authority to the appointed party to determine the matters in
Division Head, Institutional
accordance with ALCO’s decision. Permanent Member
Business
3. Determine the Decision Makers authority in deciding of
special interest rates for deposits, loans and/or other bank Division Head, Energy & Mining Permanent Member
products. Division Head, Infrastructure,
Permanent Member
4. Determine the Net Open Position (NOP) policy. Transportation, Oil & Gas
5. Monitor that the management of assets and liabilities in
Division Head, Syndication & FI
the company is carried out in accordance with the ALCO Permanent Member
Non-Bank
meeting’s the decisions.
Division Head, Transaction
Permanent Member
Banking
694 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Voting Voting
Membership Structure Position
Rights
Membership Structure Position
Rights
Division Head, Treasury Business Permanent Member Division Head, Subsidiary
Permanent Member
Management
Division Head, Investment
Permanent Member
Services Division Head, Investor Relation Permanent Member
Division Head, International Division Head, Change
Permanent Member Permanent Member
Business Management
Division Head, Value Chain & Division Head, Project
Permanent Member Permanent Member
Assets Product Development Management Office
Division Head, Small & Medium Division Head, Credit Operations Permanent Member
Permanent Member
Sales Management 1
Permanent Non-Voting
Director of Compliance -
Division Head, Small & Medium Members
Permanent Member
Sales Management 2
Permanent Non-Voting
SEVP Internal Audit -
Division Head, Card, Digital Members
Lending, & Assets Product Permanent Member
Development Assets & Liabilities Management
ALCO Supporting -
Desk
Division Head, Consumer Sales
Permanent Member
Management 1
Profile of Asset and Liability Committee (ALCO)
Division Head, Consumer Sales
Management 2
Permanent Member Member
Division Head, Wealth Profiles of ALCO members can be seen in the Profile of the Board
Permanent Member
Management
of Directors section of this Annual Report.
Division Head, Micro Business
Permanent Member
Development
Asset and Liability Committee (ALCO) Independence
Division Head, Micro Sales Statement
Permanent Member
Management
Division Head, Ultra Micro All members of ALCO had no affiliation with other Directors,
Permanent Member
Business Commissioners or Controlling Shareholders, they were not
Division Head, BRILink Business
shareholders of the Company which may affect their ability to
Permanent Member
act independently, Commissioners, Directors or employees of
Division Head, Social companies that have affiliations or do business with BRI.
Permanent Member
Entrepreneurship & Incubation
Division Head, Funding & Retail
Permanent Member
Training and/or Competence Improvement of Asset
Payment Strategy
and Liability Committee (ALCO) in 2024
Division Head, Funding & Retail
Permanent Member
Payment Sales Management 1 ALCO’s training and/or competency improvement can be
Division Head, Funding & Retail seen in the Board of Directors’ Training and/or Competency
Permanent Member
Payment Sales Management 2 Improvement section in this Annual Report.
Division Head, Market, Portfolio &
Permanent Member Meeting and Implementation of Asset and Liability
Enterprise Risk
Committee (ALCO) in 2024
Division Head, Credit & Product
Permanent Member
Risk Policy
Meeting Policy
Division Head, Wholesale Credit
Permanent Member
Risk Analyst
1. At least 1 (one) time in 1 (one) month the Asset and Liability
Division Head, Credit Committee (ALCO) held an ALCO Meeting to discuss the
Permanent Member
Restructuring & Recovery
management of the Company’s assets and liabilities related
Division Head, Planning, to strategies and policies in terms of:
Budgeting & Performance Permanent Member
a. Development of bank performance.
Management
b. The composition and growth of the bank’s portfolio.
Division Head, Financial &
Permanent Member
Management Accounting
PT Bank Rakyat Indonesia (Persero) Tbk 695
Page 698
Corporate
Governance
c. Allocation of productive assets, diversification of Limited ALCO Meetings
funding, and capital management. 1. The Asset and Liability Committee (ALCO) can incidentally
d. Risk management includes market risk and liquidity risk. hold a Limited ALCO Meeting to discuss asset and liability
e. Deposit interest rates, loan interest rates, basic loan management related to BRI strategy and policies in the event
interest rates, methodology and fund transfer price that there is a special issue that must immediately receive a
(FTP) interest rates, including other pricing, have a direct decision from the ALCO Meeting.
impact on achieving net interest income (NII). 2. The ALCO Chair or Alternate ALCO Chair and ALCO Secretary
2. The ALCO Meeting is chaired by the Chairman of ALCO. In the have the authority to determine ALCO Members who are
event that the ALCO Chairman is unable to attend, the ALCO requested to attend the Limited ALCO Meeting in a separate
Meeting shall be chaired by the Substitute ALCO Chairman in invitation letter.
sequence. 3. Limited ALCO Meetings must be attended by all ALCO Members
3. Coordination in organizing ALCO Meetings is the responsibility who are requested to attend the Limited ALCO Meeting.
of the ALCO Secretary, including::
a. Preparing for the ALCO Meeting. REALIZATION OF MEETINGS AND DUTIES ASSET
b. Preparing and presenting ALCO Meeting materials. AND LIABILITY COMMITTEE (ALCO) IN 2024
c. Ensuring that the ALCO Meeting was attended by at least 2/3
(two thirds) of ALCO Members to be held.
No. Date Meeting agenda
d. Preparing and distributing minutes of ALCO Meetings.
4. ALCO meetings must be attended by at least 2/3 (two 1 Monday, • Economic Update
thirds) of ALCO Members. In the event that the Business January 08, Updates related to global & domestic
2024 macroeconomics
Unit Leader who is an ALCO Member is unable to attend, the
• Balance Sheet Management
person concerned can appoint a replacement at the level of Financial Performance, Liquidity & Market
Department Head. Risk, Profitability, and Recommendations
• Market Update
5. For administrative efficiency related to organizational Development of BRI share prices
changes, additional Members can be proposed separately
2 Monday, • Economic Update
to the ALCO Chair through the ALCO Secretary where the February 12, Updates related to global & domestic
approval letter for membership proposals becomes an 2024 macroeconomics
• Balance Sheet Management
integral part of the ALCO Decree.
Financial Performance, Liquidity & Market
6. The decisions of the ALCO Meeting were taken by deliberation Risk, Profitability, and Recommendations
and consensus. In the event that full agreement could not be • Market Update
Development of BRI share prices
reached, the decision of the ALCO Meeting was considered
valid with the approval of 50% (fifty percent) of the total 3 Wednesday, • Economic Update
March 13, Updates related to global & domestic
ALCO Members with voting rights plus 1 (one) ALCO Member, 2024 macroeconomics
including members of the Board of Directors, one of whom • Balance Sheet Management
Financial Performance, Liquidity & Market
was the Chairman of ALCO or Substitute of ALCO Chairman Risk, Profitability, and Recommendations
7. The Secretary of ALCO may invite relevant participants to • Market Update
attend ALCO according to the topics discussed in ALCO. • Development of BRI share prices
8. In the event of a very urgent condition (contingency) for ALCO 4 Thursday, • Economic Update
to implement, but the Chairman and/or Substitute Chairman April 18, 2024 Updates related to global & domestic
macroeconomics
is unable to chair the meeting, the Chairman of ALCO may • Balance Sheet Management
delegate to one of the Directors to lead ALCO which decision Financial Performance, Liquidity & Market
Risk, Profitability, and Recommendations
letter is approved by the Chairman of ALCO and administered • Market Update
by Secretary of ALCO. Development of BRI share prices
9. Implementation of ALCO Overseas Business Unit refers
5 Monday, May • Economic Update
to a separate decree prepared by each Overseas Business 13, 2024 Updates related to global & domestic
Unit considering several things such as organization, asset- macroeconomics
• Balance Sheet Management
liability management strategy, etc. which is coordinated by Financial Performance, Liquidity & Market
the Business Unit in charge of Overseas Business Unit. The Risk, Profitability, and Recommendations
• Market Update
results of the ALCO Overseas Business Unit implementation Development of BRI share prices
are reported to the Director and Business Unit in charge.
6 Monday, June • Economic Update
10, 2024 Updates related to global & domestic
macroeconomics
• Balance Sheet Management
Financial Performance, Liquidity & Market
Risk, Profitability, and Recommendations
• Market Update
Development of BRI share prices
696 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
No. Date Meeting agenda Risk Management Committee Charter
7 Wednesday, • Economic Update
In carrying out its duties, the Risk Management Committee refers
July 10, 2024 Updates related to global & domestic
macroeconomics to the Director’s Decree NOKEP: 101-DIR/PPM/01/2024 dated
• Balance Sheet Management January 10, 2024, regarding the Risk Management Committee
Financial Performance, Liquidity & Market
Risk, Profitability, and Recommendations of PT. Bank Rakyat Indonesia (Persero) Tbk, which regulates
• Market Update the Organization, Representation and Attendance, Duties,
Development of BRI share prices
Authorities, and Responsibilities, and Work Procedures.
8 Monday, • Economic Update
August 12, Updates related to global & domestic
2024 macroeconomics
Duties and Responsibilities of the Risk Management
• Balance Sheet Management Committee
Financial Performance, Liquidity & Market
Risk, Profitability, and Recommendations
• Market Update The Risk Management and ESG Committee for Risk Management
Development of BRI share prices had the following duties and responsibilities:
10 Monday, • Economic Update 1. Establish Risk Management Policies and their amendments
September Updates related to global & domestic including implementation of risk management policies, risk
09, 2024 macroeconomics
• Balance Sheet Management
management strategies and contingency plans if abnormal
Financial Performance, Liquidity & Market external conditions occured.
Risk, Profitability, and Recommendations 2. Determine the risk measurement methodology and its
• Market Update
Development of BRI share prices changes.
3. Set limits and changes.
11 Monday, • Economic Update
October 14, Updates related to global & domestic 4. Determine the Risk Profile Value and Bank Soundness Level
2024 macroeconomics and follow up if necessary.
• Balance Sheet Management
Financial Performance, Liquidity & Market
5. Establish corrective actions based on individual BRI capital
Risk, Profitability, and Recommendations analysis and stress testing.
• Market Update
Development of BRI share prices
The Integrated Risk Management Committee (RMCT) has the
12 Monday, • Economic Update following duties and responsibilities:
November 11, Updates related to global & domestic
2024 macroeconomics 1. Establish Integrated Risk Management policies and their
• Balance Sheet Management changes.
Financial Performance, Liquidity & Market
Risk, Profitability, and Recommendations 2. Determine corrective steps based on the evaluation results
• Market Update of the implementation of Integrated Risk Management in the
Development of BRI share prices
form of:
13 Wednesday, • Economic Update a. Integrated risk profile report.
December 11, Updates related to global & domestic b. Report on individual risk profiles of Subsidiaries members
2024 macroeconomics
• Balance Sheet Management of the BRI financial conglomerate.
Financial Performance, Liquidity & Market c. Integrated capital analysis.
Risk, Profitability, and Recommendations
• Market Update d. Integrated and/or individual stress testing simulations
Development of BRI share prices and contingency plans.
Risk Management Committee Membership Structure
Risk Management Committee
The Risk Management Committee has the following composition
The Risk Management Committee is a committee at the Head of management and members:
Office responsible for formulating the Risk Management Policy
and its amendments, including the implementation of risk
Voting
management policies and strategies. The Integrated Risk Membership Structure Position
Rights
Management Committee is a committee at the Head Office
responsible for formulating the Risk Management Policy and its President Director Chairman
amendments, including the implementation of risk management
Alternate Chairman
policies and strategies in an integrated manner. Deputy President Director (concurrently
permanent member)
Division Head, Market, Portfolio
Secretary (concurrently
& Enterprise Risk atau Unit Kerja -
Permanent Member)
Pengelola Integrated Risk
PT Bank Rakyat Indonesia (Persero) Tbk 697
Page 700
Corporate
Governance
Voting Voting
Membership Structure Position
Rights
Membership Structure Position
Rights
Director of Risk Management Permanent Member Division Head, Market, Portfolio
Secretary (concurrently
& Enterprise Risk atau Unit Kerja -
Permanent Member)
Director of Finance Permanent Member Pengelola Integrated Risk
All Directors or SEVPs of Related Non-Permanent Director of Risk Management Permanent Member
Areas Member
Director of Finance Permanent Member
Director of Compliance Permanent Member -
All Directors or SEVPs of Related Non-Permanent
Head of Business unit in Related Non-Permanent Areas Member
-
Field Member
Director of Compliance Permanent Member -
Committee Support Team
President Director of BRI
Permanent Member -
Risk Coordinator Credit, Danareksa Sekuritas
Market, Portfolio & Enterprise
Market, Liquidity and -
Risk Division
Strategic/Financial Risk President Director of BRI Finance Permanent Member -
Risk Coordinator for President Director of BRI
Operational, Legal, Permanent Member -
Insurance
Compliance, and
Operational Risk Division -
Reputational Risks, as President Director of BRI Life Permanent Member -
well as the Risk Owner
for Operational Risk
President Director of Investment
Permanent Member -
Credit & Product Risk Policy Management
Risk Control Owner for
-
Division Credit Risk
President Director of Bank Raya Permanent Member -
Risk Control Owner for
Digital Risk Division -
Credit Risk President Director of BRI Global
Permanent Member -
Financial Services
Risk Taking Unit market
Treasury Division -
risk
President Director of BRI Ventures Permanent Member -
Risk Taking Unit and/
Asset & Liability Management
or Risk Control Owner - President Director of Pegadaian Permanent Member -
Desk
Liquidity Risk
President Director of PNM Permanent Member -
Risk Control Owner
Compliance Division -
Compliance Risk
The Director/SEVP overseeing
the Risk Management Function in
Provider of input on Permanent Member -
the Subsidiary Companies of BRI
the evaluation of
Head Office Internal Audit Unit Financial Conglomerate.
the adequacy and -
effectiveness of the risk
management process Head of Business Unit in Related Non-Permanent
-
Field Member
Risk Control Owner Legal
Legal Division - Committee Support Team
Risk
Risk Control Owner The management of
Corporate Secretary Division -
Reputational Risk subsidiary companies,
including formulating
Risk Control Owner strategies, business
Service & Contact Center Division -
Reputational Risk Subsidiary Management Division plans, performance
-
(Liaison Unit) evaluations, business
Planning, Budgeting & Risk Control Owner synergies, and
- Corporate Actions
Performance Management Division Strategic/Financial Risk
related to the
Environmental, Social & Risk Control Owner subsidiary companies.
-
Governance Division Climate Risk
The Risk Management Unit of BRI
consists of the Market Portfolio
& Enterprise Risk Division,
The Integrated Risk Management Committee (RMCT) has the Operational Risk Division, Credit &
Oversight function. -
following composition of management and members: Product Risk Policy Division, and
Digital Risk Division.
Voting
Membership Structure Position
Rights
Independent assurance
Internal Audit Unit -
President Director Chairman function
Alternate Chairman
Deputy President Director (concurrently
Permanent Member)
698 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Profile of Risk Management Committee Members 6. Decisions at the Risk Management Committee meeting
are made by consensus. If consensus is not reached, the
The profile can be found in the Board of Directors section of this decision is considered valid if approved by 50% (fifty percent)
Annual Report. of the Committee Members with voting rights plus 1 (one)
additional Committee Member, including the Chair.
Independence Statement of Risk Management 7. The decisions made at the Risk Management Committee
Committee meeting can be annulled by the Board of Directors through a
Board of Directors meeting.
All members have no affiliation with other Directors, 8. The coordination of Risk Management Committee meetings
Commissioners, or Controlling Shareholders, are not is the responsibility of the Committee Secretary.
shareholders of the Company that could influence their ability
to act independently, nor are they Commissioners, Directors, Meetings’ Realization and Implementation of Risk Management
or employees of companies that have affiliations or business Committee Duties in 2024
relations with BRI.
Risk Management Committee
Training and/or Competency Enhancement For Risk
Management Committee in 2024 No. Date Meeting Agenda
Training and/or competency enhancement can be found in the 1 January 22, • BRI Risk Profile Q4 2023 and TKB
2024 Semester II 2023
Board of Directors’ Training and/or Competency Enhancement
• Monitoring RAS, Trigger Level, EWI
section of this Annual Report. • Risk Issues and Risk Awareness Bankwide
2 March 18, 2024 • Review Risk Profile Parameters
Meetings and Implementation of Risk Management • Monitoring RAS, Trigger Level, EWI
Committee Tasks in 2024 • Risk Issues and Risk Awareness Bankwide
3 April 24, 2024 • BRI Risk Profile Q I 2024
Meeting Policy • Monitoring RAS, Trigger Level, EWI
• Risk Issues and Risk Awareness Bankwide
1. The Risk Management Committee meetings are held 4 May 20, 2024 • Monitoring RAS, Trigger Level, EWI
• Risk Issues and Risk Awareness Bankwide
regularly at least once every quarter. The Integrated Risk
Management Committee meetings are held regularly at least 5 July 17, 2024 • BRI Risk Profile Q II 2024 and TKB
twice a year. Semester II 2023
• Monitoring RAS, Trigger Level, EWI
2. Risk Management Committee meetings may be held outside • Risk Issues and Risk Awareness Bankwide
the regular schedule if there are important and urgent issues,
6 September 11, • Monitoring RAS, Trigger Level, EWI
including: 2024 • Risk Issues and Risk Awareness Bankwide
a. A significant change in BRI’s Risk Profile caused by
7 October 16, • BRI Risk Profile Q III 2024
changes in business conditions, macroeconomic factors,
2024 • Monitoring RAS, Trigger Level, EWI
violation of internal risk limits, or other factors. • Risk Issues and Risk Awareness Bankwide
b. Regulatory changes that require a quick response or
8 November 25, • RAS Proposals 2025
action from the organization. 2024 • Monitoring RAS, Trigger Level, EWI
c. Force majeure conditions caused by natural factors, • Risk Issues and Risk Awareness Bankwide
human factors, external disturbances, or other disruptive 9 December 18, • Monitoring RAS, Trigger Level, EWI
factors. 2024 • Risk Issues and Risk Awareness Bankwide
d. Any factor that leads the Board of Directors to decide a
Risk Management Committee meeting should be held.
3. The Risk Management Committee meeting discusses, Integrated Risk Management Committee
reviews, and approves proposals and recommendations
presented in the meeting in accordance with applicable No. Tanggal Agenda Rapat
regulations. These proposals and recommendations include
policies, strategies, and risk management procedures. 1 February 16, • Establishment of Risk Categories and
2024 Classifications for BRI and (PA)
4. The Risk Management Committee meeting is chaired by the
• Monitoring RAS and Risk Profiles for PA
Committee Chair. If the Chair is unavailable, the meeting is and Integrated Risk
led by the Deputy Chair. • Establishment of Integrated RAS for 2024
• Key Risk Issues for Subsidiaries
5. The Risk Management Committee meeting can be held • Results of RMI Assessment for 2023
if attended by at least 2/3 (two-thirds) of the Committee
Members and the Chair.
PT Bank Rakyat Indonesia (Persero) Tbk 699
Page 702
Corporate
Governance
No. Tanggal Agenda Rapat Environmental, Social & Governance (ESG) Committee
Membership Structure
2 August 15, • Monitoring RAS and Risk Profiles for
2024 Subsidiary Company and Integrated Risk
• Consolidated Risk Evaluation
• Key Risk Issues for Subsdiaries Voting
Membership Structure Position
Rights
Environmental, Social & Governance (ESG) President Director Chairman
Committee
Alternate Chairman
Deputy President Director (Concurrently
The Environmental, Social & Governance (ESG) Committee Permanent Member)
prepares, implements, monitors, and evaluates ESG strategies, Division Head, Environmental,
Secretary (Concurrently
policies, and programs/initiatives. Social & Governance atau Unit
Permanent Member)
-
Kerja Pengelola ESG
Piagam Environmental, Social & Governance (ESG) Director of Risk Management Permanent Member
Committee
Director of Finance Permanent Member
In carrying out its duties, the Environmental, Social & Governance Director of Compliance Permanent Member -
(ESG) Committee refers to the Director’s Decree NOKEP:
SEVP Change Management &
102-DIR/PPM/01/2024 dated January 10, 2024, regarding Permanent Member
Transformation Office
the Environmental, Social & Governance (ESG) Committee
All Directors or SEVPs of Related Non-Permanent
of PT. Bank Rakyat Indonesia (Persero) Tbk., which regulates Fields Member
the Organization, Representatives and Attendance, Duties,
Authorities, Responsibilities, and Work Procedures. Committee Support Team
Initiator of work
Duties and Responsibilities of the Environmental, Change Management Division
programs in
accordance with the
Social & Governance (ESG) Committee Corporate Plan
Communication to
The Environmental, Social, and Governance Committee has the
investors, rating
Investor Relation Division
following duties and responsibilities: agencies, regulators
1. Approving and providing direction on the review and and other stakeholders
evaluation results related to the implementation of policies or Preparation and
governance of ESG initiative parameters and TJSL initiatives, provision of work
program data included
which have been prepared by the relevant Business Unit and in the Bank Business
then proposed by the Committee Support Team. Planning, Budgeting &
Plan (RBB), preparation
and provision of TJSL
2. Establishing work programs that fall under the ESG initiatives Performance Management
work program data in
Division
and TJSL initiatives category based on the recommendations the Company Work
of the Committee Support Team. Budget Plan (RKAP),
monitoring of work
3. Approving and providing direction on the review and program KPIs related
evaluation results related to the implementation of work to ESG and TJSL.
programs within the ESG initiative and TJSL initiative Corporate Social
parameters, as well as the reporting of data and information Corporate Secretary Division Responsibility (CSR)
budget manager
related to ESG.
4. Approving and providing direction on the review results Micro Business Development Partnership loan
Division business management
related to ESG rating reports, investor concerns, or other
third-party assessments regarding BRI’s ESG and TJSL Data provider, review
performance and implementation. and supervision related
Project Management Office
to projects included in
5. Determining material issues based on ESG Rating reports, Division
the scope of ESG and
investor concerns or other third-party assessments regarding TJSL indicators
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.
700 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Environmental, Social & Governance (ESG) Committee 6. Decisions of the ESG Committee meetings are made through
Member Profile deliberation and consensus. If an agreement is not reached,
the decisions of the ESG Committee meeting shall be
The profiles can be checked in the Board of Directors Profile considered valid if it is approved by 50% (fifty percent) of the
section of this Annual Report. total voting Committee Members plus one (1) Committee
Member, including the Committee Chair.
Environmental, Social & Governance (ESG) Committee
Independence Statement Realization of Meetings and Implementation of Environmental,
Social & Governance (ESG) Committee Duties in 2024
All members have no affiliation with other Directors,
Commissioners, or Controlling Shareholders. They are not
No. Date Meeting Agenda
shareholders of the Company who could influence their ability
to act independently, nor are they Commissioners, Directors, or 1 January 02, • Presentation of the 2023 Materiality
employees of companies affiliated with or conducting business 2024 Assessment Proposal
• Proposal for the release of the SDGs Report
with BRI.
in BRI’s 2023 Sustainability Report
Training and/or Competency Improvement of 2 July 22, 2024 • Proposal for the Management Ownership
Requirement
Environmental, Social & Governance (ESG) Committee • Presentation of the climate risk stress
In 2024 testing result
• Presentation of Environmental Initiatives
Training and/or competency development can be found in the
Board of Directors’ Training and/or Competency Development Capital & Investment Committee
section of this Annual Report.
The Capital & Investment Committee is a committee at the
MEETINGS AND IMPLEMENTATION OF ENVIRONMENTAL, Head Office responsible for providing recommendations and/
SOCIAL & GOVERNANCE (ESG) COMMITTEE TASKS IN 2024 or decisions related to Corporate Actions and Subsidiary
Management.
Meeting Policy
Duties and Responsibilities of the Capital
1. The Committee Support Team prepares and analyzes studies & Investment Committee
according to their respective scopes.
2. The ESG Committee meetings are held regularly at least The duties and responsibilities of the Capital & Investment
twice a year. Committee, based on the Board of Directors Decree No: 94-DIR/
3. ESG Committee meetings may be held outside the regular PPM/01/2024 dated January 10.2024, concerning the Capital &
schedule if there are important and urgent issues, including: Investment Committee, are as follows:
a. There is a significant change in BRl’s ESG Rating, 1. Related to Corporate Actions
which changes in business conditions could cause a. Reviewing the Corporate Action proposed by the
macroeconomic factors, violations of ESG compliance Committee Support Team.
and policy/governance, or other causal factors. b. Determine and recommend corporate steps for further
b. There have been changes to regulations related to ESG approval from the President Director/Deputy President
that require a quick and immediate response or attitude Director either through a Board of Directors Meeting or
from the Company. circular approval
c. Some factors cause the Board of Directors to decide to c. Conducting evaluations of Corporate Actions in
hold an ESG Committee Meeting. Subsidiaries.
4. The committee Chair chairs ESG Committee meetings. In 2. Regarding the Management of Subsidiary Companies:
the event that the Committee Chair is unable to attend, the a. Determine the business plan, work plan, and company
meeting will be chaired by an Alternate Chair. budget (RKAP) of the Subsidiary Company, including
5. ESG Committee meetings can be held if attended by at least the Key Performance Indicators and dividend plan of the
2/3 (two-thirds) of the Committee Members and attended by Subsidiary Company;
the Committee Chair.
PT Bank Rakyat Indonesia (Persero) Tbk 701
Page 704
Corporate
Governance
b. Conduct performance reviews and determine Capital & Investment Committee Member Profile
performance improvement steps with the Directors of
Subsidiary Companies. The members’ profiles can be seen in the Directors’ Profile
c. Providing recommendations and decisions on strategic section of this Annual Report.
synergies between Subsidiaries and BRI.
The Financing Committee’s Statement of Independence
Membership Structure of the Capital
& Investment Committee All committee members have no affiliation with other Directors,
Commissioners, or Controlling Shareholders, nor are they
shareholders of the Company, which could affect their ability
Voting
Membership Structure Position
Rights
to act independently: commissioners, Directors, and employees
from companies with affiliations or business with BRI.
Director of Finance Chairman
Alternate Chairman
Training and/or Improving the Competency
Director of Risk Management (also Permanent of the Capital & Investment Committee in 2024
Member)
Division Head, Subsidiary Training and/or competency improvement can be seen in the
Secretary -
Management or Training and/or Competency Improvement section of the Board
Director of Subsidiary Company of Directors in this Annual Report.
Permanent Member
Development
Non-Permanent Meeting and the Duties’ Implementation of the Capital
Relevant Director or SEVP
Member & Investment Committee in 2024
Director of Compliance Permanent Member -
Meeting Policy
Committee Support Team
Division Head, Subsidiary Subsidiary Company 1. The Capital & Investment Committee is held regularly at
-
Management Manager
least four (4) times per year.
Managing strategic 2. The Committee Support Team prepares studies and analyses
investments related
according to their respective scopes.
to Corporate Actions
Project Manager, Strategic outside of Subsidiary 3. The studies are presented at the Committee meeting by
-
Investment capital increases, Committee Members and/or Support Team Members and/
whether carried out
by the Company or or Subsidiary representatives according to their respective
through a partnership scopes.
Division Head, Planning, Aligning and planning 4. The Capital & Investment Committee meetings may be
Budgeting & Performance the Company’s - conducted offline or via video conferencing or other
Management business strategy
electronic media, under the applicable regulations.
Division Head, Market Portfolio & Managing risk 5. The Capital & Investment Committee meeting is considered
-
Enterprise Risk Management management aspects.
to meet quorum requirements if attended, either physically
Division Head, Legal Managing legal aspects - or via video conferencing or other electronic media by at
least three (3) Directors, as follows:
Managing compliance
Division Head, Compliance aspects and conducting - a. One (1) Chairperson/Acting Chairperson
Compliance Testing b. Two (2) Directors who are either Permanent Members
Managing accounting with Voting Rights, Non-Permanent Members with Voting
Division Head, Financial & management within
- Rights, and/or Permanent Members without Voting Rights.
Management Accounting the Company and
providing financial data
7. The meeting can only proceed if the quorum is met.
8. The Capital & Investment Committee meeting is chaired by
Managing the
the Chairperson. If the Chairperson is unable to attend, the
Division Head, Treasury Business Company’s funding and -
liquidity meeting shall be chaired by the Acting Chairperson of the
Committee.
Managing evaluation
and recommendations 9. The Chairperson leads the Capital & Investment Committee
Desk Head, Assets & Liabilities
for capital optimization - meeting and has voting rights.
Management
and capital allocation
within the Company
Head of relevant Business
Units relevant to the Capital & - -
Investment Committee agenda
702 PT Bank Rakyat Indonesia (Persero) Tbk
Page 705
2024 Annual Report
10. The Committee Secretary is responsible for coordinating
No. Date Meeting Agenda
the organization of the Capital & Investment Committee
meeting, including: 7. May 15, 2024 Q1 2024 Performance and Budget
Implementation of PT Pegadaian
a.
Preparing the agenda, schedule, and meeting venue;
b.
Preparing and/or coordinating the Capital & Investment 8. May 15, 2024 Q1 2024 Performance and Budget
Implementation of PT PNM
Committee materials;
c. Presenting recommendations from the Committee 9. May 16, 2024 Q1 2024 Performance of PT BRI
Multifinance Indonesia (BRIF)
Support Team’s study and Pre-Capital & Investment
Committee discussions; 10. May 16, 2024 Q1 2024 Performance and Proposed
Revision of the 2024 Bank Raya Business
d. Drafting the Meeting Minutes; Plan (RBB)
e. Monitoring the implementation of meeting decisions.
11. October 21, 2024 Project Oasis (Bank Raya Pivot Strategy)
11. The Committee’s recommendations and/or decisions are
determined through deliberation and consensus by the 12. November 1, 2024 Long-Term Plan of PT BRI Multifinance
Chairperson and all Committee Members. If an agreement is Indonesia for 2025-2029
not reached, the recommendations and/or decisions of the 13. November 1, 2024 Q3 2024 Performance Review, 2025
Committee meeting shall be considered valid if approved RKAP Proposal, 2025-2027 RBB, and
2025-2029 RJPP of PT BRI Danareksa
by 50% (fifty percent) of the voting Committee Members Sekuritas
present plus one (1) Committee Member, including the
14. November 6, 2024 PT Pegadaian’s 2025 Work Plan and
Chairperson. Budget (RKAP) and 2025-2029 Long-
12. The presence of the President Director and/or Vice President Term Plan
adds to the number of Permanent Members with voting
15. November 6, 2024 PT PNM’s 2025 Work Plan and Budget
rights. (RKAP) and 2025-2029 Long-Term Plan
13. The Committee may also make binding decisions outside the
Capital & Investment Committee meetings, provided that 16. November 6, 2024 Discussion on the 2025 RKAP & 2025-
2029 Long-Term Corporate Plan of BRI
the Chairperson/Acting Chairperson, all Permanent Members Insurance
with Voting Rights, and Non-Permanent Members with Voting
17. November 7, 2024 Long-Term Plan of BRI Ventures for
Rights (if any) give written approval for proposals submitted 2025-2029
by the Subsidiary Management Business Unit, accompanied
18. November 7, 2024 Q3 2024 Performance Review, 2025
by an analysis from the Committee Support Team according RKAP & 2025-2029 Business Plan of
to their respective scopes. Decisions made in this manner BRI Life
hold the same validity as those made in an official Capital &
19. November 7, 2024 Q3 2024 Performance of BRI – MI and
Investment Committee meeting. 2025-2029 RJPP
14. Decision-making outside the Capital &Investment
20. November 14, 2024 1. Bank Raya’s 2025 Work Plan and
Committee, as regulated in this article, does not apply to
Budget (RKAP)
Corporate Actions unless prior approval has been obtained 2. Bank Raya’s 2025-2027 Business Plan
from the President Director/Vice President Director through (RBB)
3. Bank Raya’s 2025-2029 Long-Term
a Board of Directors meeting. Corporate Plan (RJPP)
4. Presentation of Bank Raya’s Recovery
Plan
REALIZATION OF MEETINGS AND IMPLEMENTATION OF
DUTIES OF THE CAPITAL & INVESTMENT COMMITTEE IN 2024
Credit Policy Committee
No. Date Meeting Agenda
Credit Policy Committee is a committee at the Head Office whose
1. February 13, 2024 Subsidiary Performance Assessment for task is to assist the Board of Directors in formulating BRI credit
2023 policies and providing suggestions for improvements to credit
policies.
2. February 22, 2024 Discussion on Ramayana Project
3. February 22, 2024 Discussion on the progress or follow-up Credit Policy Committee Charter
of Alexandria Project
4. February 26, 2024 Discussion on BRI Ventures Corporate In carrying out its duties, the Credit Policy Committee refers to
Plan for the 2025-2029 period
the Board of Directors Decree No: 98-DIR/PPM/01/2024 dated
5. March 14, 2024 Assessment of BRI Financial January 10, 2024, concerning the Credit Policy Committee of
Conglomerate Parenting Style for 2024
PT. Bank Rakyat Indonesia (Persero) Tbk., which regulates the
6. May 15, 2024 Q1 2024 Performance review of PT Organization, Duties, and Responsibilities, and Work Procedures.
Asuransi BRI Life
PT Bank Rakyat Indonesia (Persero) Tbk 703
Page 706
Corporate
Governance
Duties and Responsibilities of the Credit Policy Voting
Membership Structure Position
Rights
Committee
Division Head, Credit & Product
Secretary (concurrently
1. Establishing Bank’s Credit Policy (KPB), particularly in Risk Policy or Business Unit that -
Permanent Member)
formulating prudential principles in lending, as regulated in Manages Credit Policy Function
the Guidelines for Formulating Bank Credit Policies (PPKPB), Director of Risk Management Permanent Member
and other credit policies that require decisions from the
Director or SEVP according to the
Credit Policy Committee Meeting. Non-Permanent
related Field/Supervisor, adjust to
Member
2. Supervise the implementation of the Bank Credit Policy the committee agenda
(KPB) in a responsible and sustainable manner and formulate Director of Compliance Permanent Member -
alternatives and implementation solutions if there are
SEVP Internal Audit Unit Permanent Member -
obstacles.
3. Conducting periodic reviews of BRI’s Credit Policy (KPB) and Division Head under the related
Non-Permanent
Director of Risk Management, -
other credit policies in accordance with the minimum policy Member
adjust to the committee agenda
review timeframe as stated in BRI’s KPB and other credit
policies. Other Division Heads/Desk Heads, Non-Permanent
-
adjust to the committee agenda Member
4. Carry out an evaluation of:
a. Correct implementation of the authority to decide on
loan or provide funds. Profile of The Credit Policy Committee Members
b. Correctness in carrying out the process of loan facility or
providing funds, development and quality of loan facility The members’ profiles can be seen in the Directors’ Profile
to Parties Related to the Bank and certain large Debtors. section in this Annual Report.
c. Correct implementation of the provisions on the Legal
Lending Limit (LLL). Statement of Independence of The Credit Policy
d. Compliance with statutory provisions and other Committee
regulations in the implementation of loan provision.
e. Resolution of non-performing loans under the provisions All members have no affiliation with other Directors,
set in the Credit Policy (KPB) and other credit policies. Commissioners, or Controlling Shareholders, nor are they
f. Adequacy of allowance for impairment losses on loans shareholders of the Company, which could affect their ability
(CKPN) and write-off reserves. to act independently; Commissioners, Directors, and employees
g. Certain large debtors and loans on the Special Mention from companies that have affiliations or business with BRI.
Loan list.
5. Conduct a study assessing the effectiveness of the loan Training and/or Improving the Competency of the
internal control system. Credit Policy Committee in 2024
6. Submitting periodic reports at least once a year to the Board
of Commissioners regarding: Training and/or competency improvement can be seen in the
a. The result of monitoring the implementation and Training and/or Competency Improvement section of the Board
execution of the Credit Policy (KPB) and other credit of Directors in this Annual Report.
policies.
b. The results of the evaluation related to point 4. Meetings and Duties Implementation of the Credit
7. Monitor and evaluate the development and quality of the Policy Committee in 2024
overall loan or financing portfolio.
Meeting Policy
The Membership Stucture of the Credit Policy Committee
1. The Credit Policy Committee Meeting is held periodically at
The structure of the Credit Committee membership is as follows. least twice a year.
2. The Credit Policy Committee Meeting is conducted to
Voting
Membership Structure Position
Rights
propose the formulation, amendment, or revision of credit
policies (KPB and other credit policies), as well as to discuss
President Director Chairman urgent and critical credit policy issues requiring an immediate
response from the company.
Alternate Chairman
Deputy President Director (concurrently 3. If there is an urgent issue that needs to be discussed in the
Permanent Member) Credit Policy Committee, the relevant Business Unit may
propose a meeting to the Secretary of the Credit Policy
Committee.
704 PT Bank Rakyat Indonesia (Persero) Tbk
Page 707
2024 Annual Report
4. The Credit Policy Committee Meeting is chaired by the Credit Committee Membership Structure
President Director as the Chairman of the Credit Policy
Committee. If the Chairman of the Credit Policy Committee is 1. According to the type of authority it has, the Credit
unavailable, the meeting will be led by a Substitute Chairman. Committee is divided into::
5. Rapat Credit Policy Committee dinyatakan kuorum apabila a. Non-Restructuring Credit Committee, namely a credit
dihadiri 2/3 dari seluruh anggota komite dan wajib dihadiri committee that has the authority to decide on new loan
oleh Ketua Komite atau Ketua Komite Pengganti. initiatives, extensions, supplementations, changes to
6. Decisions in the Committee Meeting are made based on terms, and other loan decisions not within the framework
deliberation and consensus. If consensus is not reached, the of restructuring; and
Committee Meeting decision is considered valid if approved b. Credit Restructuring Committee, namely the credit
by 50% (fifty percent of the attending committee members committee that has the authority to decide on loan
plus one (1) additional member. initiatives in the context of restructuring performing
7. If the changes to the KPB (Credit Policy Book) are non- loans and non-performing loans, loan settlements, loan
material, the Credit Policy Committee’s decision may be write-offs, and write-offs.
made through a circular memo with approval from the 2. Each credit committee consists of members from the Risk
Chairman and other Committee Members. function and the Business function.
3. The structure and members of the credit committee are under
REALIZATION OF MEETINGS AND IMPLEMENTATION OF the applicable SE PDWK (Credit Delegation Authority Decision).
DUTIES OF THE CREDIT POLICY COMMITTEE IN 2024 4. Each credit committee is based at the Head Office, Regional
Offices, Special Branch Offices, and Overseas Business Units
(UKLN).
No. Date Meeting Agenda
1 August 12, 2024 Amendment to the Circular Letter on The membership structure of the Credit Committee is as follows:
Decision-Making Authority
Voting
2 November 25, 2024 Write-Off Policy PP No.47 of 2024
Membership Structure Position Function
Rights
Permanent
President Director Risk
Member
Credit Committee
Permanent
Deputy President Director Risk
Member
The Credit Committee is an operational committee that assists
Permanent
the Board of Directors in evaluating and/or deciding on loan Director of Risk Management Risk
Member
applications for certain amounts and/or types of loan determined Permanent
Director of Finance Risk
by the Board of Directors. Member
Director of Digital and Permanent
Risk
Credit Committee Charter Information Technology Member
Permanent
Director of Human Capital Risk
Member
In carrying out its duties, the Credit Committee refers to the Decree
SEVP Change Management & Permanent
of the Board of Directors NOKEP: S.469-DIR/KRD/03/2022 and its Risk
Transformation Office Member
amendments concerning the Credit Committee which regulates the
SEVP Fixed Asset Management Permanent
Organization, Duties and Responsibilities and Work Procedures. Risk
& Procurement Member
Permanent
SEVP Operations Risk
Duties and Responsibilities of the Credit Committee Member
Permanent
SEVP Human Capital Strategy Risk
1. Provide decisions on approving or rejecting loans by the Member
authority limits determined by the Board of Directors, Director of Wholesale and Permanent
Business
Institutional Business Member
including choosing/changing the loan structure and terms.
Permanent
2. Conduct duties in providing loan decisions based on Director of Micro Business
Member
Business
professional skills honestly, objectively, carefully, and
Director of Small and Medium Permanent
thoroughly. Business
Business Member
3. Reject requests and/or influence from interested parties to Permanent
Director of Consumer Business Business
provide loan approval that is only a formality or outside of Member
sound loan principles. Director of Network and Permanent
Business
Services Member
4. Sign the Loan Decision form (or other media determined
by the Board of Directors and function as a loan decision)
as proof of the loan decision and as a manifestation of the
Financing Committee’s responsibility.
PT Bank Rakyat Indonesia (Persero) Tbk 705
Page 708
Corporate
Governance
Voting Training and/or Competency Improvement of Credit
Membership Structure Position Function
Rights Committee in 2024
Permanent
SEVP Commercial Business Business
Member Training and/or competency improvement can be seen in the
SEVP Treasury & Global Permanent Training and/or Competency Improvement section of the Board
Business
Services Business Member of Directors in this Annual Report.
Permanent
SEVP Ultra Micro Business Business
Member
Meetings and Implementation of Duties of the Credit
Committee in 2024
Credit Committee Member Profile
Meeting Policy
The profile can be seen in the Directors’ Profile section in this
Annual Report. 1. The Credit Committee Meeting is valid if attended by at
least members of the Credit Committee according to the
Credit Committee Independence Statement composition of the Credit Committee in the PDWK provisions,
both in terms of the number and composition of the Risk
All members of the Credit Committee have no affiliation with function and Business function ranks and members of the
other Directors, Commissioners or Controlling Shareholders, are Credit Committee who are mandatory to attend.
not shareholders of the Company that could affect their ability 2. Credit Committee Meetings can be held physically, or
to act independently, Commissioners, Directors or employees of by conference via electronic media agreed upon by each
companies that have affiliations or business with BRI. 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 2024
RKK
Number of
Month Date Implementation
Decisions
Agenda Quorum Attendance & Verdict
(Times)
Januari 9, 23, 24 3 6 Quorum
Februari 6, 15, 21 3 8 Quorum
Maret 6, 14, 19, 26, 27 5 19 Quorum
April 2, 4, 23, 24, 30 5 15 Quorum
Mei 2, 6, 14, 21, 28 5 17 Quorum
Juni 4, 11, 25 3 26 Discussion and granting of Quorum
corporate segment loan
Juli 2, 10, 16, 22, 30, 31 6 30 decisions Quorum
Agustus 8, 13, 20, 21, 27 5 24 Quorum
September 3, 10, 24, 30 4 18 Quorum
Oktober 1, 10, 15, 24, 29 5 37 Quorum
November 5, 12, 19, 26 4 23 Quorum
Desember 3, 4, 10, 17, 19, 24 6 30 Quorum
TOTAL 54 253
706 PT Bank Rakyat Indonesia (Persero) Tbk
Page 709
2024 Annual Report
Information Technology Steering Committee Membership Structure of the Information Technology
Steering Committee
The Information Technology Steering Committee is a Board of
Directors Committee responsible for providing direction and
Voting
recommendations on the planning, governance, development Membership Structure Position
Rights
and operation of information technology. In addition, the
Technology Steering Committee also assists the Board of Director of Digital & Information
Chairman
Technology
Directors in identifying key risks related to information technology
disruptions, cybersecurity and disaster recovery. Through the Alternate Chairman
Director of Retail Funding and
Technology Steering Committee, it ensures that these risks (concurrently
Distribution
Permanent Member)
are managed and integrated into the overall risk management
framework. Department Head, fungsi IT
Governance Management, Secretary (concurrently
-
IT Strategy & Enterprise Permanent Member)
Information Technology Steering Committee Charter Architecture Division
Director of Risk Management Permanent Member
In carrying out its duties, the Information Technology Steering
Director of Finance Permanent Member
Committee is governed by the Board of Directors Decree No.
96-DIR/PPM.01/2024 concerning the Information Technology SEVP Operations Permanent Member
Steering Committee of PT Bank Rakyat Indonesia (Persero) Tbk,
Division Head, IT Strategy &
Permanent Member
which regulates its Objectives, Organization, Duties, Authority, Enterprise Architecture
Responsibilities, and Work Procedures.
Division Head, Enterprise Data
Permanent Member
Management & Analytics
Duties and Responsibilities of the Information
Division Head, Application &
Technology Steering Committee Permanent Member
Quality Management
Division Head, Digital Innovation Permanent Member
The Information Technology Steering Committee has the
following responsibilities: Division Head, IT Infrastructure &
Permanent Member
Operations
1. The long-term Information Technology Strategic Plan aligns
with the Corporate and Bank Business Plan outlined in BRI’s Division Head, Information
Permanent Member
Security
ITSP.
2. Formulation of Crucial Information Technology policies, Division Head, Operational Risk Permanent Member
standards, and procedures. Division Head, Digital Risk Permanent Member
3. Compatibility between approved Information Technology
Division Head, Distribution
projects and BRI ITSP. Permanent Member
Network
4. Suitability of the current technology architecture (baseline)
Division Head, Planning,
with BRI’s Information Technology architecture targets in
Budgeting & Performance Permanent Member
supporting business capabilities. Management
5. Conformity between the implementation of the Information
Director or SEVP of Related
Technology project and the agreed project plan. Fields; or Division Head of Related Permanent Member
6. Compatibility between Information Technology and the Fields
needs of management information systems and the needs of Director of Compliance Permanent Member -
the Bank’s business activities.
7. Effectiveness of steps in minimizing risks on Bank
investments in the Information Technology sector so that Profile of Information Technology Steering Committee
Bank investments in the Information Technology sector Members
contribute to achieving the Bank’s business objectives.
8. Monitor information technology performance and efforts to The profile can be seen in the Directors’ Profile section in this
improve information technology performance. Annual Report.
9. Efforts to resolve various problems related to Information
Technology that cannot be determined by the Information
Technology User and Operator Business Unit effectively,
efficiently, and on time.
10. Adequacy and allocation of resources owned by the Bank.
PT Bank Rakyat Indonesia (Persero) Tbk 707
Page 710
Corporate
Governance
d. Monitoring the implementation of decisions made by
Statement of Independence of the Information
the Information Technology Steering Committee in the
Technology Steering Committee
relevant business units.
7. The Chairperson of the Information Technology Steering
All committee members have no affiliation with other Directors, Committee may invite the President Director and/or Vice
Commissioners, or Controlling Shareholders, and are not President Director, whose presence adds to the Permanent
shareholders of the Company, which can influence their ability Members with voting rights .
to act independently, Commissioners, Directors, or employees of 8. The decisions made in the Information Technology Steering
companies that have affiliations or do business with BRI. Committee meetings may be annulled by the Board of
Directors through a Board of Directors meeting.
Training and/or Improving the Competency of the
Information Technology Steering Committee in 2024 REALIZATION OF MEETINGS AND IMPLEMENTATION OF
DUTIES OF THE INFORMATION TECHNOLOGY STEERING
COMMITTEE IN 2024
Training and/or competency improvement can be seen in the
Training and/or Competency Improvement section of the Board
During 2024, the Information Technology Steering Committee
of Directors in this Annual Report. carried out its duties by holding 2 (two) meetings, with the
following details:
Meetings and Implementation of Duties of the
Information Technology Steering Committee in 2024
No. Date Agenda
Meeting Policy
1 February 1, 2024 1. Existing conditions and IT
1. The Information Technology Steering Committee holds achievements of 2023
regular meetings at least twice a year. 2. Strategic IT initiatives 2023-2024
2. The Information Technology Steering Committee meetings 3. Market Research & Business Strategy
may be held outside the regular schedule if there are
2 December 6, 2024 1. Initiation of ITSP 2025-2029 and
important and urgent issues, including: Alignment with BRIvolution3.0
a. Significant changes in the Information Technology 2. CRM Marketing & Sales
Strategic Plan due to business condition changes,
macroeconomic factors, IT project adjustments, or other
Human Capital Committee
factors;
b. Regulatory changes requiring an immediate response or
The Human Capital Committee is a Committee that has the
action from the organization;
authority to determine strategic and operational policies in
c. Force majeure conditions caused by natural factors,
the field of Human Capital and aims to increase effectiveness,
human factors, external disruptions, or other disruptive
efficiency, and transparency in decision-making in human
factors;
capital management and improve the quality of human capital
d. Factors leading the Board of Directors to decide to hold
management based on the principles of Good Corporate
an Information Technology Steering Committee Meeting
Governance.
3. The Committee Meeting is chaired by the Director of Digital
Human Capital Committee Organization PT Bank Rakyat Indonesia
& Information Technology. In the event that the Director of
Digital & Information Technology is unable to attend, the (Persero) Tbk. Consist of:
meeting will be chaired by the Acting Chairperson. 1. Human Capital Planning & Policy Field
4. The Committee Meeting can be held if attended by at least 2. Talent Field
2/3 (two-thirds) of the Committee Members and chaired by 3. Performance Management Field
the Committee Chairperson. 4. Ethics & Discipline Field
5. Committee meeting decisions are made based on 5. Job Evaluation Field
deliberation to reach consensus. In the event that consensus
is not reached, the decision is considered valid if approved by Human Capital Committee Charter
50% (fifty percent) of the total Committee Members (both
permanent and non-permanent) present, plus one additional
In carrying out its duties, the Human Capital Committee refers to
vote from a Committee Member.
the Board of Directors Decree No 95-DIR/PPM/01/2024, regarding
6. The coordination of the Information Technology Steering
Committee meetings is the responsibility of the Committee the Human Capital Committee of PT Bank Rakyat Indonesia
Secretary, with duties and responsibilities including: (Persero) Tbk., which regulates its Objectives, Organizations,
a. Preparing and sending meeting invitations. Scopes, and Work Procedures.
b. Preparing and presenting meeting materials.
c. Drafting and distributing meeting minutes to the Profile of Members of the Human Capital Committee
members of the Information Technology Steering
Committee. The profile can be seen in the Directors’ Profile section in this
Annual Report.
708 PT Bank Rakyat Indonesia (Persero) Tbk
Page 711
2024 Annual Report
Statement of Independence of the Human Capital b. In the event that there are no Directors in the
Committee Management or Committee Members, the Committee
Chair votes in favor.
All committee members have no affiliation with other Directors, 8. The Committee’s approval is documented in a document signed
Commissioners, or Controlling Shareholders, and are not by the Chairman and the Committee Members present.
shareholders of the Company, which can influence their ability 9. The Human Capital Committee may make decisions through
to act independently, Commissioners, Directors, or employees of a circular memorandum.
companies that have affiliations or do business with BRI. 10. If necessary, the Human Capital Committee may invite Other
relevant Parties as speakers.
Training and/or Improving the Competency of the 11. The Presence of the President Director and/or Vice President
Human Capital Committee in2024 Director adds to the Permanent Members with voting rights.
12. Specifically, for the Human Capital Committee in Talent
Training and/or competency improvement can be seen in the Management, the committee’s working mechanism is
Training and/or Competency Improvement section of the Board regulated under separate provisions.
of Directors in this Annual Report.
Human Capital Committee For Human Capital
Meeting Policy Planning & Policy
1. The Human Capital Committee for Human Capital Planning & DUTIES AND RESPONSIBILITIES OF THE HUMAN CAPITAL
Policy and Performance Management holds regular meetings COMMITTEE FOR HUMAN CAPITAL PLANNING & POLICY
at least twice a year.
2. The Human Capital Committee meeting is led by the 1. Establishing development strategy priorities, policy directions
Committee Chair. In the event that the Committee Chair is and improving the quality of BRI’s human capital by referring
absent, the Human Capital Committee meeting is led by the to the Bank’s Business Plan (RBB) and BRI’s Corporate Plan.
Alternate Committee Chair. 2. Establishing strategic policies, career management and
3. All members of the Human Capital Committee have the corporate culture in the field of human capital.
same duties and responsibilities. 3. Establishing remuneration for the Board of Commissioners
4. The organization of Human Capital Committee meeting, as and Directors of Subsidiaries.
referred to in point 1, is the responsibility of the Committee
Secretary, which includes: MEMBERSHIP STRUCTURE OF THE HUMAN CAPITAL
a. Prepare meeting agendas; COMMITTEE FOR HUMAN CAPITAL PLANNING & POLICY
b. Presenting meeting materials;
c. Preparing Meeting Minutes;
Voting
d. Follow up and/or forward meeting results to the relevant Membership Structure Position
Rights
Business Unit as needed;
e. Monitoring the follow-up actions from the meeting results. Chairman (concurrently
President Director
Permanent Member)
5. If there is an important and urgent issue that requires a
Alternate Chairman
solution and/or attitude from the Human Capital Committee,
Deputy President Director (concurrently
the relevant Business Unit can propose to the Committee Permanent Member)
Secretary to hold a Human Capital Committee Meeting. Division Head of Human Capital in Secretary (concurrently
6. A meeting meets a quorum if it is attended by a minimum of charge of Related Policies Permanent Member)
50% (fifty percent) plus 1 (one) of all Committee members Director of Human Capital Permanent Member
and must be attended by the Committee Chair or Alternate
SEVP Human Capital Strategy Permanent Member
Committee Chair.
7. The Human Capital Committee’s decisions are determined Director or SEVP of related fields Non-Permanent Member
by deliberation and consensus by the members present. In Division Head, Human Capital
Non-Permanent Member
the event that no agreement is reached, the decision of the Strategy Function
Human Capital Committee is declared valid and binding if Division Head, Human Capital
Non-Permanent Member
Strategy Function
50% (fifty percent) of the total Committee Members plus
Division Head, Human Capital
1 (one) Committee Member vote in agreement with the Non-Permanent Member
Strategy Function
following provisions:
Division Head, functions of Learning Non-Permanent Member
a. In the event that there are Directors in the Management
or Committee Members, the Committee Chair or
Substitute Committee Chair and the Human Capital
Director vote in favor.
PT Bank Rakyat Indonesia (Persero) Tbk 709
Page 712
Corporate
Governance
MEETING AND IMPLEMENTATION OF THE HUMAN CAPITAL Voting
Membership Structure Position
Rights
COMMITTEE’S DUTIES FOR HUMAN CAPITAL PLANNING &
POLICY IN 2024 Directors of Human Capital, Director
according to their field/area of
supervision, and SEVPs in the relevant
Throughout 2024, the Human Capital Committee for Human Sub-Directorates involved in the Permanent
Capital Planning & Policy has carried out its duties, including transfer of employees, as discussed by Member
the Committee (Talent Committee 1
developing human capital planning, conducting recruitment and
for Corporate Band 2-level employees
selection (acquiring) of employees, human capital development and Branch Leaders Class 1
(developing), and other tasks.
Talent Division 2 (for employees at Corporate Band 3 level)
Human Capital Committee for Talent Field
Voting
DUTIES AND RESPONSIBILITIES OF THE HUMAN CAPITAL Membership Structure Position
Rights
TALENT COMMITTEE
Chairman
(concurrently
1. Determining employee transfers (promotions, rotations, Director of Human Capital
Permanent
demotions), including the appointment of the management Member)
of Subsidiaries and Affiliates (Talent Committee 1). Division Head, Human Capital Business
Secretary -
Partner
2. Determining the Talent Cluster, including identifying and
determining top talent as per the Talent Committee’s decisions. Director according to their field/area of
supervision or SEVP from the relevant
3. Determining the Succession Plan for all positions. Permanent
Sub-Directorate involved in the transfer
Member
4. Determining the Talent Pool based on employees’ areas of of employees, as discussed by the
Committee
expertise.
5. Making decisions regarding the Talent Review.
Talent Division 3 (for employees at Corporate Band 4, Corporate
MEMBERSHIP STRUCTURE OF THE TALENT FIELD Band 5, Corporate Band 6, and Corporate Band 7 levels with a
HUMAN CAPITAL COMMITTEE national scope across Units throughout Indonesia
Talent Division 1 (for employees at the SEVP level, Corporate Band
Voting
1, Corporate Band 2, Branch Leaders Class 1, and employees who Membership Structure Position
Rights
will be appointed as management of Subsidiaries)
Chairman
Division Head, Human Capital Business (concurrently
Voting Partner Permanent
Membership Structure Position
Rights Member)
Team Leader, Human Capital Business
Chairman Secretary -
Partner handling Talent Management
(concurrently
President Director
Permanent
Department Head, Human Capital
Member) Permanent
Business Partner handling Talent
Member
Alternate Management
Chairman
Deputy President Director (concurrently
Permanent Talent Division 4 (for employees at Corporate Band 4, Corporate
Member) Band 5, Corporate Band 6, and Corporate Band 7 levels in
Division Head, Human Capital Business Regional Offices/Regional Audit Offices and their Supervision,
Secretary -
Partner
as well as the Regional Risk Management Department covering
All Directors (Talent Committee 1 for Permanent
RMC, CRA, BRC, and URC).
SEVP-level employees) Member
All Directors and SEVPs in the relevant
Sub – Directorates who are involved in
Voting
the transfer of employees, as discussed
Permanent Membership Structure Position
Rights
by the Committee (Talent Committee 1
Member
for Corporate Band 1-level employees,
including employees who will be Chairman
assigned as management of Subsidiaries) (concurrently
Regional CEO, Regional Chief Audit
Permanent
Member)
710 PT Bank Rakyat Indonesia (Persero) Tbk
Page 713
2024 Annual Report
Voting Voting
Membership Structure Position
Rights
Membership Structure Position
Rights
Department Head, Regional Human Chairman
Secretary -
Capital Business Partner President Director (concurrently
Permanent Member)
Special Branch Supervisor/Regional
Head/Regional Assurance head
Permanent
(Corporate Band 2) involved in the Alternate Chairman
Member
transfer employees as outlined in the Deputy President Director (concurrently
Committee’s agenda Permanent Member)
Secretary
Division Head, Planning, Budgeting
MEETING AND IMPLEMENTATION OF DUTIES OF THE HUMAN & Performance Management
(concurrently -
Permanent Member)
CAPITAL COMMITTEE FOR TALENT IN 2024
All Directors or SEVP Permanent Member
Tallent Committee Total Meetings Planning Sub-Division 2 (for KPI Division/ Desk/ Team BOD-1)
Talent Committee 1 34
Talent Committee 2 49 Voting
Membership Structure Position
Rights
Talent Committee 3 182
Director of Finance Chairman
Talent Committee 4 2.774
Division Head Planning, Budgeting,
Secretary (concurrently
& Performance Management -
Permanent Member)
Division
Human Capital Committee for Performance
Management All Directors or SEVPs in Related
Permanent Member
Fields
DUTIES AND RESPONSIBILITIES OF THE HUMAN CAPITAL
COMMITTEE FOR PERFORMANCE MANAGEMENT Sub-Field Challenge Evaluation and Method Used 1 (for Regional
Office Performance, Regional Audit Office and Division/ Desk/
1. Establishing KPIs for Directorates, Sub-Directorates, BOO-1 Team BOD-1)
Business Units (including Regional Offices), Branch Offices,
Sub-Branch Offices, and BRI Units
Voting
2. Evaluating and determining the performance challenge ratings Membership Structure Position
Rights
and methods used for BOO-1 Business Units and Branch Offices
3. Determining the ratings for BOO-1 Business Units (including Chairman
President Director (concurrently
Regional Offices and Regional Audit Offices) and Branch
Permanent Member)
Offices based on the established performance challenge
ratings and methods used Alternate Chairman
Deputy President Director (concurrently
4. Evaluating and determining the Leadership orientation Permanent Member)
ratings of individual leaders of BOO – 1 Business Units
Secretary
(including Regional CEOs and Regional Chief Auditors), UKLN Division Head, Planning, Budgeting
(concurrently -
& Performance Management
General Managers, and Branch Leaders Permanent Member)
5. Establishing the performance scores and ratings of individual Secretary
Division Head, Human Capital
employees at the Corporate Band 1 and Corporate Band 1 (concurrently -
Strategy & Policy
Permanent Member)
and Corporate Band 2 levels, UKLN General Managers, and
Branch Leaders. All Directors or SEVP Permanent Member
HUMAN CAPITAL COMMITTEE MEMBERSHIP STRUCTURE Sub Field Challenge Evaluation and Method Used 2 (for Kanca
FOR PERFORMANCE MANAGEMENT Performance)
Planning Sub-Division 1 (for KPI Directorates, Sub-Directorates,
Voting
Regional Offices, Branch Offices, KCPs and BRI Units) Membership Structure Position
Rights
Regional CEO Chairman
Secretary
Team Leader, Regional Decision
(concurrently -
Support
Permanent Member)
PT Bank Rakyat Indonesia (Persero) Tbk 711
Page 714
Corporate
Governance
Voting Voting
Membership Structure Position Membership Structure Position
Rights
Rights
Secretary Regional CEO Chairman
Department Head, Regional
(concurrently -
Human Capital Business Partner Secretary
Permanent Member)
Department Head, Regional Human (concurrently
-
Regional Head, Regional Office Permanent Member Capital Business Partner Permanent
Member)
Secretary
Sub-Field Leadership Orientation & Individual Performance (concurrently
Team Leader, Regional Decision Support -
Permanent
Predicate 1 (for Leadership Orientation & BOD-I Business Unit Member)
Leader Performance Predicate)
Permanent
Regional Head, Regional Office
Member
Voting
Membership Structure Position
Rights
MEETINGS AND TASK IMPLEMENTATION OF THE HUMAN CAPITAL
Chairman COMMITTEE IN PERFORMANCE MANAGEMENT FOR 2024
President Director (concurrently
Permanent Member)
Alternate Chairman
No. Date Meeting Agenda
Deputy President Director (concurrently
Permanent Member) 1. January 17, Implementation of the Human Capital
2024 Committee in the Field of Performance
Secretary Management (PMC) Sub-Field of Leadership
Division Head, Human Capital
(concurrently - Orientation Individual Performance Predicate 1
Strategy & Policy
Permanent Member) Year 2023:
Presentation from the Field Director and
Secretary SEVP and Director of Supervision regarding
Division Head, Planning, Budgeting
(concurrently - leadership orientation and the proposal for the
& Performance Management
Permanent Member) final predicate from individual workers BOD-1
supervision until the decision on the predicate of
All Directors or SEVPs Permanent Member their individual performance.
2. January 29, Human Capital Committee Performance
2024 Management (PMC) Sub-Sector Challenge
Evaluation and Method Used 1 2023: Presentation
Sub-Field Leadership Orientation & Individual Performance from the Director of the Field and SEVP and the
Predicate 2 (for Leadership Orientation & Corporate Worker Director of Supervision regarding challenges,
methods used, and the proposal for the final
Performance Predicate Band 2) predicate from the Supervisory Business Unit, up to
the decision on the predicate of the business unit.
3. January 31, Implementation of the Human Capital
Voting 2024 Committee in the Performance Management
Membership Structure Position
Rights
(PMC) Sector:
- Determination of the final predicate of the
Business Unit in 2023 based on the results
of the joint chairman (Human Capital
Director or SEVP of Field Chairman Committee in the Performance Management
Sector, Challenge Evaluation and Method
Secretary Used 1 Sub-Sector)
Division Head, Human Capital Strategy (concurrently - Presentation from the Director and SEVP of
- Supervisory related to the proposed Individual
& Policy Permanent
Member) Worker Performance Predicate BOD-1 in
2023 by considering Leadership Orientation
and determination of the Final Predicate
Secretary of Individual BOD-1 Performance (Human
Division Head, Planning, Budgeting & (concurrently Capital Committee in the Performance
-
Performance Management Permanent Management Sector, Challenge Evaluation
Member) and Method Used 1 Sub-Sector)
Non-Permanent 5. February 6, Implementation of HC Committee in Performance
SEVP Related Field 2024 Management Sub-Division Challenge Evaluation
Member and Method Used 2 at Selindo Regional Office:
Presentation from each Regional Office regarding
Division Head/Desk Head Related Non-Permanent challenges, method used, and proposal for final
Directorate Member predicate from Supervision Business Unit (Branch
Office) in each Regional Office, up to the decision on
Non-Permanent the predicate of the business unit.
Related Regional CEO
Member 6. February 12, Implementation of the HC Committee for
2024 Performance Management Sub-Field Leadership
Non-Permanent Orientation and Individual Performance Predicate
All Regional Chief Audit
Member 3 (Band 2) in 2023:
Decision on the final predicate of individual BOD-2
workers supervised by the Director of the Field
Sub-Field Leadership Orientation & Individual Performance
Predicate 3 (for Leadership Orientation & Branch Leader
Performance Predicate)
712 PT Bank Rakyat Indonesia (Persero) Tbk
Page 715
2024 Annual Report
No. Date Meeting Agenda Voting
Membership Structure Position
Rights
7. September Discussion of the Draft Mechanism of the 2024
27, 2024 Employee Performance Evaluation Committee: Supervising Director of the related
Plans to add the 2024 Individual Performance Non-Permanent
business unit or another appointed
Committee both at the Head Office and Regional Member
Offices by considering the urgency related to director
alignment and fairness related to individual
assessments and performance assessments of
each business segment. Ethics & Discipline Committee 3 for employees at Corporate Band
4 to Corporate Band 7 levels
Human Capital Committee for Ethics & Discipline
Voting
DUTIES AND RESPONSIBILITIES OF THE HUMAN CAPITAL Membership Structure Position
Rights
COMMITTEE FOR ETHICS & DISCIPLINE
Division Head, Human Capital Chairman
Business Partner or Regional CEO or (concurrently
Resolve Disciplinary Violation Cases by considering the Regional Chief Audit Permanent Member)
recommendations provided by the Examination Team, following Department Head, Human Capital
the procedures outlined in the applicable Disciplinary Regulations. Business Partner Division or
Department Head, Regional Human Secretary -
Capital Business Partner or another
MEMBERSHIP STRUCTURE OF THE HUMAN CAPITAL appointed Human Capital Officer
COMMITTEE FOR ETHICS & DISCIPLINE Division Head of the relevant field,
Non-Permanent
Regional Banking Head or Regional
Member
Assurance Head
ETHICS & Dicipline Committee 1 : Handles employees at
Corporate Band 1 and Corporate Band 2 levels Division Head of the employee
Non-Permanent
concerned, Regional Operation
Member
Head, or Department
Voting
Membership Structure Position
Rights
MEETING AND IMPLEMENTATION OF DUTIES OF THE HUMAN
Chairman CAPITAL COMMITTEE FOR ETHICS & DISCIPLINE IN 2024
President Director (concurrently
Permanent Member)
Alternate Chairman No. Date Agenda
Deputy President Director (concurrently
Permanent Member)
1 January 8, 2024 Decision of Ethics and Discipline Committee
Secretary
Division Head, Human Capital 2 January 15, 2024 Decision of Ethics and Discipline Committee
(concurrently -
Business Partner
Permanent Member) 3 January 22, 2024 Decision of Ethics and Discipline Committee
Director of Human Capital Permanent Member 4 January 23, 2024 Decision of Ethics and Discipline Committee
Director of Compliance Permanent Member 5 February 16, 2024 Decision of Ethics and Discipline Committee
Director in charge or Supervisor 6 February 29, 2024 Decision of Ethics and Discipline Committee
Non-Permanent
of the related Business Unit or
Member 7 March 5, 2024 Decision of Ethics and Discipline Committee
appointed Director
8 March 22, 2024 Decision of Ethics and Discipline Committee
9 April 2, 2024 Decision of Ethics and Discipline Committee
Ethics & Dicipline Committee 2 for employees at Corporate Band
3 level 10 May 6, 2024 Decision of Ethics and Discipline Committee
11 May 30, 2024 Decision of Ethics and Discipline Committee
Voting 12 June 28, 2024 Decision of Ethics and Discipline Committee
Membership Structure Position
Rights 13 July 1, 2024 Decision of Ethics and Discipline Committee
Chairman 14 July 2, 2024 Decision of Ethics and Discipline Committee
Director of Human Capital (concurrently
Permanent Member) 15 July 9, 2024 Decision of Ethics and Discipline Committee
Division Head, Human Capital 16 July 17, 2024 Decision of Ethics and Discipline Committee
Secretary
Business Partner or another
(concurrently - 17 July 29, 2024 Decision of Ethics and Discipline Committee
appointed official at corporate
Permanent Member)
Band 1 level
18 August 9, 2024 Decision of Ethics and Discipline Committee
Non-Permanent
Relevant Director 19 August 30, 2024 Decision of Ethics and Discipline Committee
Member
20 September 3, 2024 Decision of Ethics and Discipline Committee
PT Bank Rakyat Indonesia (Persero) Tbk 713
Page 716
Corporate
Governance
No. Date Agenda No. Date Meeting agenda
21 October 2, 2024 Decision of Ethics and Discipline Committee 3 October 04, 2024 Human Capital Committee for Job
Evaluation
22 October 8, 2024 Decision of Ethics and Discipline Committee
4 November 21, 2024 Human Capital Committee for Job
23 October 16, 2024 Decision of Ethics and Discipline Committee Evaluation
24 October 18, 2024 Decision of Ethics and Discipline Committee
25 October 25, 2024 Decision of Ethics and Discipline Committee Product Committee
26 November 8, 2024 Decision of Ethics and Discipline Committee
The Product Committee is a committee at the Head Office
27 November 18, 2024 Decision of Ethics and Discipline Committee
responsible for making decisions on product planning proposals,
28 December 3, 2024 Decision of Ethics and Discipline Committee
product monitoring and evaluation, product discontinuation, and
29 December 18, 2024 Decision of Ethics and Discipline Committee providing input and recommendations on product Strategy.
Human Capital Committee for Job Evaluation Product Committee Charter
DUTIES AND RESPONSIBILITIES OF THE HUMAN CAPITAL In carrying out its duties, the Product Committee refers to the
COMMITTEE FOR JOB EVALUATION Board of Directors’ Decree NOKEP : 99-DIR/PPM/01/2024 dated
January 10, 2024, concerning the Product Committee of PT Bank
Determining Job Grades Rakyat Indonesia (Persero) Tbk., which regulates its Objectives,
Organizations, Scopes, and Work Procedures.
MEMBERSHIP STRUCTURE OF THE HUMAN CAPITAL
COMMITTEE FOR JOB EVALUATION Duties and Responsibilities of the Product Committee
The Product Committee is responsible for making decisions on
Voting
Membership Structure Position
Rights
the following proposals:
1. Product Planning that meets one of the following criteria:
Chairman a. Has never been implemented by the Bank before
Director of Finance (concurrently
b. Represents a development of an existing Bank Product
Permanent Member)
that results in a material change in the risk exposure of
Alternate Chairman
the previously implemented Bank Product
Director of Human Capital (concurrently
Permanent Member) 2. Product Discontinuation (in accordance with the BRI Product
Departement Head, Organization Secretary
Taxonomy List Decree)
Development, Planning, Budgeting & (concurrently - 3. Review of product issues that cannot be resolved at the
Performance Management Division Permanent Member) Director/SEVP level
Director of Risk Management Permanent Member
Division Head, Planning, Budgeting &
Product Committee Membership Structure
Permanent Member
Performance Management
Division Head, Human capital 1. The Product Committee Organization at PT Bank Rakyat
Permanent Member
Strategy & Policy Indonesia (Persero) Tbk. Consists of:
Product Committee 1 for the wholesale segment
Voting
MEETING AND IMPLEMENTATION OF THE HUMAN CAPITAL Membership Structure Position
Rights
COMMITTEE FOR JOB EVALUATION IN 2024
Chairman
Deputy President Director (concurrently
No. Date Meeting agenda Permanent Member)
Alternate Chairman
1 April 03, 2024 Human Capital Committee for Job Director of Finance (concurrently
Evaluation of Micro Business Area Permanent Member)
Manager
Division Head, Planning, Secretary
2 May 22, 2024 Human Capital Committee for Job Budgeting & Performance (concurrently -
Evaluation of Business Units under the Management Permanent Member)
Human Capital Directorate Director of Risk Management Permanent Member
Director of Network & Services Permanent Member
714 PT Bank Rakyat Indonesia (Persero) Tbk
Page 717
2024 Annual Report
Voting Voting
Membership Structure Position
Rights
Membership Structure Position
Rights
Director of Digital & Information Director of Digital & IT Permanent Member
Permanent Member
Technology
Director of Network & Services Permanent Member
SEVP Change Management &
Permanent Member Director of Wholesale &
Transformation Office
Institutional Business
Director of Wholesale and
Institutional Business SEVP of Commercial Business
Non-Permanent
SEVP Treasury & Global Services Non-Permanent SEVP Treasury & Global Services
Members (according
Business Members (according Business
to committee topics)
to committee topics) SEVP Operations
SEVP Commercial Business
SEVP Change Management &
SEVP Operations Transformation Office
Director of Compliance Permanent Member - Director of Compliance Permanent Member -
SEVP Internal Audit Unit Permanent Member -
SEVP Internal Audit Unit Permanent Member -
Product Committee 1 non-wholesale segment Product Committee 2 segmen non-wholesale
Voting Voting
Membership Structure Position
Rights
Membership Structure Position
Rights
Chairman Chairman
Deputy President Director (concurrently (concurrently
Director of Finance
Permanent Member) Permanent
Member)
Alternate Chairman
Director of Finance (concurrently Alternate Chairman
Permanent Member) (concurrently
Director of Risk Management
Permanent
Division Head, Planning, Secretary Member)
Budgeting & Performance (concurrently - Secretary
Management Permanent Member) Division Head, Planning,
(concurrently
Budgeting & Performance -
Permanent
Director of Risk Management Permanent Member Management
Member)
Director of Network & Services Permanent Member Director of Digital & Information
Permanent Member
Technology
Director of Digital & Information
Permanent Member
Technology
Director of Network & Services Permanent Member
SEVP Change Management &
Permanent Member
Transformation Office Director of Micro Business
Director of Micro Business Director of Consumer Business
Director of Small & Medium Non-Permanent
Director of Consumer Business Business Members (according
Non-Permanent to committee
SEVP Ultra Micro Business SEVP Ultra Micro Business
Members (according topics)
Director of Small & Medium to committee topics) SEVP Operations
Business
SEVP Change Management &
SEVP Operations Transformation Office
Director of Compliance Permanent Member -
Director of Compliance Permanent Member -
SEVP Internal Audit Unit Permanent Member -
SEVP Internal Audit Unit Permanent Member -
Product Committee 2 segmen wholesale 2. The membership status of the Product Committee is ex-officio.
3. The Product Committee is categorized based on complexity,
Voting
Membership Structure Position
Rights
where Product Committee 1 handles high complexity and
Product Committee 2 handles moderate Complexity. The
Chairman parameters for measuring complexity (high/moderate) are
Director of Finance (concurrently
Permanent Member) regulated in the BRI Product Management Circular Letter
and its amendments
Alternate Chairman
Director of Risk Management (concurrently 4. The determination of the complexity level for the Product
Permanent Member) Committee is conducted by the Initiating Business Unit
Division Head, Planning, Secretary and decided in the Pre-Product Committee forum, with the
Budgeting & Performance (concurrently -
Management Permanent Member) following members:
PT Bank Rakyat Indonesia (Persero) Tbk 715
Page 718
Corporate
Governance
Membership Structure Position 3. The chair of the Product Committee chairs Product
Committee meetings
Planning, Budgeting & Performance
Management Division (Product Committee Permanent Member
4. If a Product Committee Member is absent, the duties and
Secretary) authority of the Product Committee Member are replaced
Operational Risk Division / Digital Risk Division by a Substitute Director under the applicable Decree.
/ Credit & Product Risk Policy Division / Permanent Member The Substitute Director has two capacities in the Product
Market, Portfolio & Enterprise Risk Division
Committee: Substitute Director and Member of the Product
Compliance Division/ Legal Division Permanent Member Committee in making decisions.
Service & Contact Center Division Permanent Member 5. Product Committee meetings can be held if attended by
Financial & Management Accounting the Chair of the Committee and attended by Members with
Permanent Member
Division Voting Rights with the following criteria:
IT Strategy & Governance Division Permanent Member
Audit Standard & Quality Development
Permanent Member Product
Division / Head Office Audit No Attendance Requirements
Committee
Project Management Office Division Permanent Member
Initiator Business Unit/Product Owner Minimum 3 (three) Members
Non-Permanent 1. Product Committee 1
Business Unit and Change Management with Voting Rights
Member
Division.
Minimum 2 (two) Members with
2. Product Committee 2
Voting Rights
Profile of Product Committee Members
*From the Members with Voting Rights present, there is a minimum of 1 (one)
Director
The profile can be seen in the Directors’ Profile section in this
Annual Report. 6. Committee Meeting decisions are taken by deliberation and
consensus. In the event that no agreement is reached, the
Statement of Product Committee Independence decision of the Committee Meeting is deemed valid with
the approval of 50% (fifty percent) of the total Committee
All members have no affiliation with other Directors, Members who have Voting Rights plus 1 (one) Committee
Commissioners, or Controlling Shareholders, and are not Member, including the Committee Chair.
shareholders of the Company, which could affect their ability 7. Coordination of the organization of Product Committee
to act independently; Commissioners, Directors, and employees Meetings is the responsibility of the Committee Secretary.
from companies that have affiliations or business with BRI. 8. If a Product Committee meeting cannot be held, the
Product Committee can make a decision through a Circular
Training and/or Improving the Competency of the Service Note with the approval of the Committee Chair and
Product Committee In2024 other Committee Members. The Secretary of the Product
Committee carries out the decision-making process through
Training and/or competency improvement can be seen in the Circular Service Notes.
Training and/or Competency Improvement section of the Board 9. Minutes of the Product Committee Meeting are signed by the
of Directors in this Annual Report. Product Committee Secretary and the Chair of the Product
Committee and submitted to all SEVP Directors and Business
Meeting and Implementation of Duties of the Product Unit at BRI Head Office related to the Product Committee
Committee in 2024 decision in question.
Meeting Policy REALIZATION OF MEETINGS AND IMPLEMENTATION OF
DUTIES OF THE PRODUCT COMMITTEE IN 2024
1. The Product Committee meeting is held periodically at
least four (4) times per year or as needed based on business
No. Date Meeting Agenda
development
2. Meetings outside regular meetings can be held with the 1. January 12, 2024 1. Integration of iBBIZ and Cash
following criteria: Management into QLola
2. Organizational structure of the
a. A significant change in business conditions requires rapid Bespoke Tech-Enabled Value Chain
and immediate product development or discontinuation. Team (TVC)
b. Regulatory changes occur that require a response in 2. January 23, 2024 Product development of QLola for non-
product development or product discontinuation quickly forex negotiable transactions and QLola
Mobile (Circular decision)
and immediately.
c. Other factors that cause the Board of Directors to decide
to hold a Product Committee Meeting
716 PT Bank Rakyat Indonesia (Persero) Tbk
Page 719
2024 Annual Report
No. Date Meeting Agenda 3. Provide procurement decisions through:
a. Minutes of Directors’ Meetings, or
3. March 25, 2024 1. Funding & Retail payment strategy
2. PalmPay Development
b. Procurement Committee Meeting Minutes or
3. KKB JF product Governance c. Circular Service Note.
4. Evaluation of BRIStore products
4. May 7, 2024 1. Evaluation of Stroberi illing &BRI smart Membership Structure of the Procurement Committe
Billing Products
2. Evaluation of BRIStore business model
3. Development of NFC payment products PROCUREMENT COMMITTEE I
5. June 28, 2024 Approval related to KKB JF product (PROCUREMENT VALUE > RP200 BILLION)
governance (circular decision)
6. July 22, 2024 Proposal for BRImo Lifestyle daily
shopping service (circular decision) Voting
Membership Structure Position
Rights
7. August 26, 2024 Proposal for the development of loss
insurance products for non-collateral Deputy President Director Chairman
AKUNA (circular)
Division Head, Procurement & Logistic
8. September 18, 1. Development of cardless cash Operations or Procurement Function Secretary -
2024 withdrawal & Easy switching for gold Management Business Unit
savings on Senyum Moble
2. Development of logistic features Director of Finance Permanent Members
on the BRILink agent application
Director of Risk Management Permanent Members
(BRILink logistics)
3. Development of mutual funds and Direktur/SEVP User 2) Permanent Members
stock trading features on BRIMO
4. Development of SoftPOS NFC SEVP AT Management and
Permanent Members
Payment on BRI merchant. Procurement
9. August 20, 2024 Reopening of Ceria (circular decision) Director of Compliance Permanent Members -
10. October 23, 2024 Evaluation and re-classification of Non-Permanent
Relevant Director/SEVP3)
Supply Chain Financing (SCF) revenue Members
(Circular decision)
11. December 4, 2024 1. Development of mutual fund and PROCUREMENT COMMITTEE II (PROCUREMENT VALUE >
stock trading features on BRImo
2. Evaluation of credit insurance as a RP 100 BILLION TO RP 200 BILLION)
product feature for KPP
3. Evaluation of credit insurance as a
product feature for KUPEDES Voting
Membership Structure Position
Rights
12. December 20, 2024 Request for approval regarding product
governance (circular decision)
Deputy President Director Chairman
Division Head, Procurement & Logistic
Procurement Committe Operation or Procurement Function Secretary -
Management Business Unit
The Procurement Committe is a committee at the Head Office Director of Finance Permanent Members
that has the duty and authority to evaluate and make decisions Director of Risk Management Permanent Members
on requests for the results of a procurement with a specific value. Director/SEVP User 2) Permanent Members
SEVP AT Management and
Charter of Procurement Committe Procurement
Permanent Members
Non-Permanent
In carrying out its duties, the Procurement Committe refers to Related Director/SEVP3)
Members
the Board of Directors’ Decreee NOKEP: 97-DIR/PPM/01/2024
concerning the Procurement Committee, which regulates its
Organization, Duties, Authorities, Responsibilities, and Work PROCUREMENT COMMITTEE III (PROCUREMENT VALUE >
Procedures. RP 30 BILLION TO RP 100 BILLION)
Duties and Responsibilities of the Procurement
Voting
Committe Membership Structure Position
Rights
1. Making procurement decisions professionally and honestly, SEVP Fixed Asset Management and
Chairman
Procurement
while avoiding conflicts of interest in the approval process
2. Approving or rejecting procurement proposals within Division Head, Procurement & Logistic
Operation or Procurement Function Secretary -
its authority limit, when conducted through committee Management Business Unit
meeting.
PT Bank Rakyat Indonesia (Persero) Tbk 717
Page 720
Corporate
Governance
Voting Meetings and Duties Implementation of the
Membership Structure Position
Rights Procurement Committe in 2024
Director of Finance Permanent Members
Meeting Policy
Director of Risk Management Permanent Members
Director/SEVP User 2) Permanent Members
1. Procurement of goods and services proposed in
Non-Permanent Procurement Committee I, II, and III requires prerequisite
Related Director/SEVP3)
Members
documents, including procurement proposal analysis from
the Procurement Function Management Business Unit
PROCUREMENT COMMITTEE IV (PROCUREMENT VALUE > (operational function) and risk assessment document from
RP 7.5 BILLION TO RP 30 BILLION) the Operational Risk Management Unit (Risk Management
function) as part of risk mitigation efforts
2. Decisions of the Procurement Committee are made during
Voting
Membership Structure Position
Rights
procurement Committee meetings. These meetings are held
at the Head Office or other locations, and facilitated by the
SEVP Fixed Asset Management and
Chairman √ relevant Procurement Business Unit.
Procurement
3. Procurement Committee Decisions are made unanimously
Division Head, Procurement & and considered approved if all voting members present or
Logistic Operation or Procurement Secretary -
Function Management Business Unit represented agree.
4. If a Procurement Committee member is unavailable, their
Permanent
Director/SEVP User 2) √ duties and authority are transferred to a substitute Director
Members
Permanent or SEVP, in accordance with the Director’s Substitute
Director/Relevant SEVP 3) √
Members Appointment Decree. The substitute Director or SEVP may
Notes: act in two capacities within the Procurement Committee – as
1) In their position as well as in the capacity of an acting official. a substitute Official and as a Committee member.
2) If the Director of Compliance or SEVP in charge of Internal Audit acts as the User,
the official authorized to grant approval is the Director of Risk Management. 5. If a Procurement Committee meeting cannot be held, decisions
3) The Director or SEVP of the relevant field/Supervising Business Unit under the type
of procurement project. may be made through a Circular Memorandum, with the approval
of the Committee Chair and other Committee members.
Profile of Procurement Committe 6. If the Board of Directors has decided the procurement of
goods and services through a Board of Directors Meeting, the
The profile can be seen in the Directors’ Profile section in this decision in question is equated with the conclusion of the
Annual Report. Goods and Services Procurement Committee as evidenced by
the Minutes of the Board of Directors’ Meeting.
Statement of Independence of the Procurement 7. The duties and responsibilities of the facilitator for
Committe Procurement Committee meetings are carried out by the
Secretary of the Procurement Committee, including:
All committee members have no affiliation with other Directors, a. Coordinate the preparation of Committee meeting
Commissioners, or Controlling Shareholders. They are not materials.
shareholders of the Company, which could affect their ability b. Prepare meeting agendas, schedules, and meeting places.
to act independently; Commissioners, Directors, and employees c. Carrying out correspondence, document reproduction,
from companies with affiliations or business with BRI. and committee document archiving functions.
d. Prepare minutes of meetings and minutes of the Goods
Training and/or Improving the Competency of the and Services Procurement Committee.
Procurement Committe in 2024 e. Distribute Committee decisions to be followed up by
related Business Unit.
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.
718 PT Bank Rakyat Indonesia (Persero) Tbk
Page 721
2024 Annual Report
REALIZATION OF MEETINGS AND DUTIES IMPLEMENTATION 11. Provide direction on the results of the Post Implementation
OF THE PROCUREMENT COMMITTE IN 2024 Review (PIR), which has been carried out as part of the
lessons learned in the implementation of the next project.
Procurement Procurement Amount of
Project Management Office Steering Committee
Committee Value (Rp,-) Procurement
Membership Structure
Procurement Committee I 4,238,462,000,000 9
Project Management Office Steering Committee
Procurement Committee II 1,099,781,718,700 9
Voting
Membership Structure Position
Rights
Procurement Committee III 1,775,080,958,782 38
Procurement Committee IV 2,098,092,038,265 140 President Director/Vice Director Chairman
Director of Finance /SEVP Change Alternate Chairman
Management & Transformation (concurrently
Project Management Office Steering Committee Office Permanent Member)
Secretary
Division Head, Project Management
The Project Management Office (PMO) Steering Committee is a (concurrently -
Office
Permanent Member)
committee at the Head Office responsible for providing guidance
and decisions regarding the strategy and execution of projects Director of Digital & Information
Permanent Member
Technology
at BRI.
Director of Risk Management Permanent Member
Project Management Office Steering Committee Charter
Director of Retail Funding and
Permanent Member
Distribution
In carrying out its duties, The PMO Steering Committee refers to
Non-Permanent
the Board of Directors’ Decree NOKEP: B.100-DIR/PPM/01/2024, Director or SEVP of Project Owner
Member
which regulates its Organization and Work Procedures.
Non-Permanent
Director or SEVP of Project Support
Member
Duties and Responsibilities of the Project Management
Non-Permanent
Office Steering Committee Project Owner Business Unit Leader
Member
Non-Permanent
1. Provide direction at the corporate level regarding project Project Support Business Unit Leader
Member
strategy at BRI.
2. Make decisions on proposals to resolve problems in
project management that the division head of the project Thematic Project Management Office Steering Committee
management office needs help deciding on.
Voting
3. Make decisions on the proposed budget reallocation Membership Structure Position
Rights
between projects as stated in the Project Work Plan and then
be guided by the applicable provisions. Director of Finance/SEVP Change
Management & Transformation Chairman
4. Make decisions on matters that have yet to be regulated in
Office
the Project Management Implementation Guidelines (PP
PM). Secretary
Division Head, Project Management (concurrently
5. Approve and ratify the proposed project after the Company -
Office Permanent
Budget Work Plan (RKAP) has received approval. Member)
6. Provide direction and decisions regarding accelerated project Non-Permanent
Director or SEVP of Project Owner
completion. Member
7. Establish criteria for projects monitored by the Project Non-Permanent
Director or SEVP of Project Support
Management Office (PMO). Member
8. Decide which projects are included and which are excluded
Non-Permanent
from PMO Monitoring. Project Owner Business Unit Leader
Member
9. Determine project prioritization to be implemented by the
Non-Permanent
Project Owner Business Unit and Project Support Business Project Support Business Unit Leader
Member
Unit.
10. Provide decisions related to projects, including approving,
changing, or canceling project plans and implementation.
PT Bank Rakyat Indonesia (Persero) Tbk 719
Page 722
Corporate
Governance
Profile of Project Management Office Steering Attendance
No. PMO SC Requirements
Committee Members
The profile can be seen in the Directors’ Profile section in this
Project Management Office A minimum of 3 (three)
Annual Report. 1.
Steering Committee Voting members
Thematic Project
Statement of Independence of Project Management 2. Management Office Steering
A Minimum of 2 (two)
Voting Members
Office Steering Committee Committee
All members have no affiliation with other Directors,
*OF the Voting Members present, there must be at least 1 (one) Director.
Commissioners, or Controlling Shareholders, and are not
shareholders of the Company, which can influence their ability
to act independently; commissioners, directors, or employees of 6. Committee Meeting decisions are taken by deliberation and
companies that have affiliations or do business with BRI. consensus. In the event that no agreement is reached, the
decision of the Committee Meeting is considered valid if it
Training and/or Improving Project Management Office is approved by 50% (fifty percent) of the total Committee
Steering Committee Competencies In 2024 Members who have voting rights plus 1 (one) Committee
Training and/or competency improvement can be seen in the Member, including the Committee Chair.
Training and/or Competency Improvement section of the Board 7. Decisions in PMO SC meetings were documented in the PMO
of Directors in this Annual Report. SC Minutes.
8. Duties and responsibilities of the Committee Secretary
Meeting and Duties Implementation of Project include:
Management Office Steering Committee in2024 a. Coordinate the preparation of committee meeting
materials.
Meeting Policy b. Prepare meeting agendas, schedules, and meeting
places.
1. PMO Steering Committee meetings are held periodically at c. Carrying out correspondence, document reproduction,
least four (4) times per year. and committee document archiving functions.
2. Meetings outside of regular meetings can be held with the d. Prepare Minutes of Committee Meetings and Minutes.
following criteria: e. Distribute Committee decisions for follow-up to relevant
a. Significant changes in business conditions require Business Unit.
rapid and immediate changes regarding project
implementation or project termination. REALIZATION OF MEETINGS AND DUTIES IMPLEMENTATION
b. Regulatory changes require a quick and immediate OF PROJECT MANAGEMENT OFFICE STEERING COMMITTEE
response from the organization, especially in project IN 2024
implementation or project termination.
c. Some conditions encourage the holding of a PMO SC During 2024, the Project Management Office Steering Committee
Meeting. carried out its duties by holding 3 (three) meetings, with the
3. The PMO Steering Committee is chaired by the PMO SC following details:
Chairperson. If the Chairperson is unable to attend, the
role of Chairperson in the meeting may be assumed by a
No. Date Meeting Agenda
substitute Chairperson.
4. The presence of Members with Voting Rights at the PMO SC 1 Monday, Update on the Implementation of Kanca
Meeting cannot be represented. If a Member with Voting June 3, 2024 Area Metro & Small Business Head (SBH)
Rights is unable to attend, his position at the meeting can 2 Thursday, 1. Portfolio Highlight
September 26, 2. Need Attention Initiatives
be replaced by a Substitute Director following applicable
2024 3. Project Ownership
regulations. 4. Moonshot Update
5. The PMO Steering Committee meeting can be held if attended 5. Brivolution 2.0 Value Tracking
by the Committee Chairperson and Voting Members with the 3 Friday, 1. Portfolio Highlight
December 6, 2. Concerns regarding the implementation
following Criteria: 2024 of Regulatory Projects:
a. Personal Data Protection Law
b. PMK 136 Year 2023 (NPWP – NIK)
3. Qlola Journey
3 Monday, 1. Need Attention Initiatives
December 23, 2. Project Closing: S1/S5 - Modernizing SME
2024 Business
3. Project Closing: BRIFIRST
720 PT Bank Rakyat Indonesia (Persero) Tbk
Page 723
2024 Annual Report
Implementation of Governance In Scope of Remuneration Policy and Its
Providing Remuneration for Commercial Implementation Per Business Unit, Per
Banks Following OJK Regulation Number Region, and in Subsidiary Companies or
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 levels in
The Remuneration and Nomination Committee has been the form of Premium Allowances. The Company conducts
explained in the Remuneration and Nomination Committee Sub reviews of Premium Allowances, if necessary, in accordance
Title of the Corporate Governance Chapter in this Annual Report. with developments in the cost level in each region and the
Company’s capabilities. The Subsidiary Company has a separate
Remuneration Policy Preparation Process Remuneration Policy, which the Subsidiary Company itself
prepares. In order to harmonize differences in cost levels between
The process of preparing remuneration policies includes: regions, the Company assists in adjusting cost levels in the form
1. Background and Objectives of Remuneration Policy of Premium Allowances.
r to protect and retain workers, it is necessary to regulate
remuneration policies that can maintain and increase worker Remuneration is Associated with Risk
motivation and encourage the creation of a conducive work
climate. The Company prepares Remuneration policies to Remuneration is linked to risk and is arranged based on the latest
attract potential workers, retain competent workers, and policies related to the Implementation of Wage Regulations for
maintain worker motivation to perform superiorly. BRI Employees, where the wage design is simplified to include
2. Implementation of a review of the previous year’s Basic Salary and Premium Allowances as components of the
remuneration policy, along with improvements. salary structure. Job grades are no longer a consideration, as job
The Company prepares Remuneration policies based on grade allowances have been incorporated into the Basic Salary
practices in the labor market in the banking sector and in total. For each position, a specific wage scale is determined,
continually reviews and updates them under changes and reflecting the minimum, median, and maximum, taking into
business developments while still paying attention to the account regulatory policies, job weight or job analysis results,
Company’s capabilities. and comparisons with the market/peers. The amount of
3. Mechanism to ensure that remuneration for employees in remuneration received by employees considers or is equivalent
the control unit is independent of the business unit they to the burden and potential risks inherent to the position. The
supervise higher the position, the greater the employee’s responsibility in
In supporting BRI’s aspirations to build a Performance Driven making decisions that significantly impact the company’s risk
Culture, the implementation of the BRI remuneration system profile/exposure.
is carried out by paying attention to its alignment with the
achievement of KPI-based business unit and individual In this regard, the company has determined the parties who
performance. The preparation of KPIs is carried out through are considered Material Risk Takers (MRT), based on specific
decreasing performance targets (cascading) either fully, considerations aligned with the potential risks arising from the
partially or contributively so that the performance targets roles held. For individuals designated as MRTs, the company will
of the assisted Business Units will be different but support difer the payment of part of the variable remuneration
the achievement of the performance targets of the control
business unit. Apart from that, to ensure the objectivity Performance Measurement is Linked to
of the assessment, evaluation of the performance of Remuneration
business unit at BRI is also carried out in stages through the
Performance Management Committee by higher business Performance measurements associated with remuneration
unit. Furthermore, the individual performance assessment include:
will be adjusted to the performance achievements of the 1. Remuneration policy for performance appraisal.
individual and business unit which will ultimately have an In order to encourage employees to perform superiorly,
impact on the amount of remuneration obtained. the company has a variable compensation program for
employees who successfully achieve and exceed performance
targets. Workers with high performance will also receive high
variable compensation. On the other hand, workers who
underperform will receive low variable compensation or no
variable compensation at all.
PT Bank Rakyat Indonesia (Persero) Tbk 721
Page 724
Corporate
Governance
2. Individual remuneration method based on company Remuneration Packages and Facilities
performance, business unit performance, and individual Received by the Board of Directors and Board
performance. of Commissioners
In providing variable compensation for workers, the amount of
compensation received by workers depends on the company’s
Amount Received in 1 (One) Year
performance achievement, business unit performance,
and individual performance, where each component has Types of Board of
Directors
Remuneration Commissioners
an independent target achievement indicator, weight, and
and Facility
multiplier factor. Million Million
People People
3. Method of adjusting remuneration for unachieved performance. Rp. Rp.
At the beginning of the year, the company determines the Salaries, bonuses,
conditions that employees must meet to obtain variable routine allowances,
compensation, one of which is the performance that bonuses and other 12 594,691 11 235,979
facilities in the form of
must be achieved. Workers who do not meet the specified in-kind
requirements will not receive variable compensation.
Other facilities in
kind (housing, health
Remuneration Adjustments are Linked to insurance, etc so on)
13 16,123 11 6,330
which:
Performance and Risk a. can be owned;
b. cannot be owned
Remuneration adjustments are linked to performance and risks, Total 12 610,814 11 242,309
which include:
1. Remuneration policy regarding variable amounts and criteria
which are suspended based on the Joint Decree of the Board Remuneration Packages Grouped Into
of Directors and Board of Commissioners Number 09-KOM/ Income Levels Received by Directors and
BRI/11/2017 and S.1023-DIR/KPS/11/2017 dated November Members of the Board of Commissioners in
30, 2017 concerning Governance The remuneration of PT 1 (One) Year
Bank Rakyat Indonesia (Persero) Tbk., has been determined
as follows:
a. Part of the variable remuneration will be deferred for
Amount of Remuneration Number of Number of
per Person in 1 (One) Year Directors Commissioners
parties designated as MRT.
b. The amount of suspension for the Board of Directors and Above IDR 2 billion 12 10
Board of Commissioners is a maximum of 20% of the
Above IDR 1 billion up to. IDR
bonus. - -
2 billion
2. Remuneration policy for deferred variables whose payments
Above IDR 500 million to IDR
are postponed or canceled (Malus) The company can - -
1 billion
postpone the payment of deferred variable remuneration
IDR 500 million and below - 1*
(malus) to MRT if conditions occur in the form of:
* Commissioners who resigned in accordance with the decision of the GMS dated March
a. It is proven that there is Individual Fraud. 1, 2024
b. Restatement of the company’s financial report is the
basis for determining variable remuneration. Variable Remuneration
c. The risk rating in the last quarter before the payment of
deferred variable remuneration is 4 (Moderate to High) or 1. Forms and Reasons for choosing variable remuneration
worse. Employee compensation is provided within a fair, competitive
system that aligns with the bank’s needs and capabilities.
Name of Extern Consultant and Consultant’s Compensation is divided into two (2) categories:
Duties Related to Remuneration Policy a. Fixed compensation consists of basic wages and
allowances.
One of the company’s remuneration principles is external b. Variable compensation given to workers is based on
competitiveness, where remuneration is provided at a competitive performance achievements, namely as follows:
level within the banking industry. In line with this, the company - Short Term Incentives.
collaborates with Independent Consultant, which is responsible Short Term Incentives are variable compensation
for conducting benchmarking and/or salary surveys based on the promised by the Company at the beginning of the
company’s request regarding remuneration policies. 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.
722 PT Bank Rakyat Indonesia (Persero) Tbk
Page 725
2024 Annual Report
-
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).
c. BRI applies the Position Group concept, which consists of Support, Business, Marketing Advisor 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.
d. 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
Remuneration
Board of Directors Board of Commissioners Employee
Person million IDR Person million IDR Person million IDR
Total 12 529.453 11 205.388 10 1.919
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 Commissioner
No Name Term of Office Description
1 Kartika Wirjoatmodjo 18/02/2020 – present Fully receiving 2024 tantiem for the 2023 financial year performance
2 Rofikoh Rokhim 01/03/2022 – present Fully receiving 2024 tantiem for the 2023 financial year performance
3 Rabin Indrajad Hattari 18/02/2020 – present Fully receiving 2024 tantiem for the 2023 financial year performance
4 Awan Nurmawan Nuh 13/03/2023 – present Receiving 2024 tantiem for the 2023 financial year performance on a proportional basis.
5 Dwi Ria Latifa 18/02/2020 – present Fully receiving 2024 tantiem for the 2023 financial year performance
6 Heri Sunaryadi 07/10/2021 – present Fully receiving 2024 tantiem for the 2023 financial year performance
7 Nurmaria Sarosa 01/03/2022 – present Fully receiving 2024 tantiem for the 2023 financial year performance
8 Agus Riswanto 01/03/2022 – present Fully receiving 2024 tantiem for the 2023 financial year performance
9 Paripurna Poerwoko 01/03/2022 – present Fully receiving 2024 tantiem for the 2023 financial year performance
Sugarda
10 Haryo Baskoro 01/03/2024 – present Has not received tantiem in 2024
Wicaksono
11 Hendrikus Ivo 15/05/2019 – 29/02/2024 Fully receiving 2024 tantiem for the 2023 financial year performance
12 Hadiyanto 22/03/2018 – 12/03/2023 Receiving 2024 tantiem for the 2023 financial year performance on a proportional basis.
PT Bank Rakyat Indonesia (Persero) Tbk 723
Page 726
Corporate
Governance
2. Board of Directors
No Name Term of Office Description
1 Sunarso 02/09/2019 – present Fully receiving 2024 tantiem for the 2023 financial year performance
2 Catur Budi Harto 02/09/2019 – present Fully receiving 2024 tantiem for the 2023 financial year performance
3 Handayani 18/10/2017 – present Fully receiving 2024 tantiem for the 2023 financial year performance
4 Supari 22/03/2018 – present Fully receiving 2024 tantiem for the 2023 financial year performance
5 A. Solichin Lutfiyanto 22/03/2018 – present Fully receiving 2024 tantiem for the 2023 financial year performance
6 Agus Noorsanto 02/09/2019 – present Fully receiving 2024 tantiem for the 2023 financial year performance
7 Agus Sudiarto 02/09/2019 – present Fully receiving 2024 tantiem for the 2023 financial year performance
8 Amam Sukriyanto 21/01/2021 – present Fully receiving 2024 tantiem for the 2023 financial year performance
9 Agus Winardono 21/01/2021 – present Fully receiving 2024 tantiem for the 2023 financial year performance
10 Viviana Dyah Ayu R.K. 21/01/2021 – present Fully receiving 2024 tantiem for the 2023 financial year performance
11 Arga Mahanana Nugraha 21/01/2021 – present Fully receiving 2024 tantiem for the 2023 financial year performance
12 Andrijanto 01/03/2022 – present Fully receiving 2024 tantiem for the 2023 financial year performance
3. The number of Senior Executive Vice Presidents (SEVP) serving during the reporting period is 8 individuals, as follows:
No Name Term of Office Description
1 Triswahju Herlina 07/03/2022 – 01/06/2024 Received Variable Pay in 2024 based on full performance for the 2023 financial year
2 Achmad Royadi 01/07/2021 – present Received Variable Pay in 2024 based on full performance for the 2023 financial year
3 Muhammad Candra 01/08/2023 – present Received Variable Pay in 2024 based on proportional performance for the 2023
Utama financial year
4 Aestika Oryza Gunarto 01/08/2023 – present Received Variable Pay in 2024 based on proportional performance for the 2023
financial year
5 I Nyoman Sugiri Yasa 01/08/2023 – present Received Variable Pay in 2024 based on proportional performance for the 2023
financial year
6 Yulianto Setiawan 01/12/2024 – present Has not yet received Variable Pay in 2024 based on performance for the 2023 financial
year.
7 Steven Augustino 01/12/2023 – present Contract employees are granted Variable Pay according to the terms of their
Yudiyantho employment contract. Employees are not yet eligible for Variable Pay in 2024 based on
2023 performance
8 Harsya Wardhana 28/03/2022 – 01/12/2024 Contract employees are granted Variable Pay according to the terms of their
Prasetyo employment contract
Shares Options Owned by the Board of Directors, Board of Commissioners and Executive Officers
Number of Options Option
Number of Shares Time period
Description/Name Executed Price
Owned (Shares) Given (Shares) (IDR)
(Exercise)
(stock sheets)
Board of Directors* - - - - -
Commissioner* - - - - -
Until October
Achmad Royadi 290,400 290,400 290,400 2,240
30, 2021
Executive Officer
(SEVP)
Until October
Triswahju Herlina 290,400 290,400 290,400 2,240
30, 2021
Total 580,800 580,800 580,800 2,240
*The Board of Directors and Board of Commissioners do not receive share options
724 PT Bank Rakyat Indonesia (Persero) Tbk
Page 727
2024 Annual Report
Highest and Lowest Salary Ratio Total Amount of Deferred Variable
Remuneration Paid During 1 (One) Year
Salary Ratio 2024 2023 Deferred Variable Remuneration
Paid During 2024*
Highest and Lowest Employee Salaries 54,5 66,2
No Side of MRT
Cash
Highest and Lowest Directors' Salaries 1,18 1,18 (Nett in Shares (sheets)
Millions)
Highest and Lowest Commissioner Salaries 1,11 1,11
Highest Directors' and Highest Employees' Salaries 3,75 3,16 There was no
remuneration granted
1 SEVP 1,029
in the form of shares
in 2024
Number of Recipients and Total Amount
of Variable Remuneration That is 2
Board of
6,243 814,301 (shares)
Unconditionally Guaranteed Commissioners
Board of
3 - 5,402,156 (shares)
There was no variable compensation that is guaranteed Directors
unconditionally.
*Both active and retired
Number of Employees Subject to
Termination of Employment and Total Amount of Remuneration Given In One Year
Nominal Severance Paid
A. Fixed Remuneration*
The Nominal Amount of Severance Pay Number of
1. Cash Rp91,039
Paid per Person In 1 (One) Year Employees*
2. Shares/share-based instruments
Above Rp1 billion 12 -
issued by the Bank
Above Rp500 million to Rp1 billion 79
B. Variable Remuneration*
Below Rp500 million 885
Note: *)Severance pay + UPMK (Service Appreciation Money). Tidak
Ditangguhkan
Ditangguhkan
1. Cash 587,973 29,069
Total Amount of Variable Remuneration That 25,429,700
is Deferred 2. Shares/share-based instruments
issued by the Bank
- Lembar
Saham
* Applicable only for MRT and disclosed in IDR millions.
Deferred Variable Remuneration
until December 2024*
No MRT Party
Cash (Nett in
Shares (sheets)
Millions)
There was no
remuneration granted
1 SEVP 10,868
in the form of shares
in 2024
Board of
2 36,615 3,580,835 shares
Commissioners
Board of
3 - 28,674,141 shares
Directors
*Both active and retired
PT Bank Rakyat Indonesia (Persero) Tbk 725
Page 728
Corporate
Governance
Quantitative Information Stock Ownership Program by Employees
and/or Management (ESOP/MSOP)
Total Reduction During Reporting
Period To increase team member engagement and increase their sense of
Types of belonging to the Company and to provide long-term motivation/
Remaining Due to Due to
Variable
Pending Explicit Implicit Total incentives to achieve the Company’s performance targets that
Remuneration*)
Adjustment Adjustment (A)+(B) have been set, BRI also has a Share Ownership Program for BRI
(A) (B)
Employees, which is provided periodically, namely:
Cash (in a. Employee Stock Allocation (ESA)
36,615 - - -
million rupiah) The share ownership program in the form of the Stock
Shares/ Allocation Program was provided in 2016, 2020, 2023 and
Share-based 2024 through 4 stages to all levels of Workers or certain
instruments
issued by the Workers who meet the criteria consisting of length of service,
Bank (in share
32,254,976 individual performance, and team member track record in
certificates
(Lembar - - - carrying out their responsibilities.
and nominal
Saham)
millions of b. Employee Stock Option Plan (ESOP)
rupiah which is Share ownership program in the form of share purchase
the conversion
of the share options at a special price in 2020. This program is given to
certificates) certain level workers who are BRI’s Top Talent and meet the
performance and Capacity/Potential criteria.
Note: *) Only for MF{RT
As the Company’s commitment to increasing team member
engagement and productivity and creating a sense of ownership
Performance-Based Long-Term of employees towards the Company, the Company will implement
Compensation Policy a similar share ownership program for employees next year.
According to the Extraordinary General Meeting of Shareholders Number of Shares and/or Options
on October 3,2003, as stated in Deed No. 6 by Notary Imas
Fatimah, S.H., the shareholders approved the issuance of stock
Number of Shares
options, which will be implemented in three (3) stages. The stock Program
(Year 2021)
Additions in 2024*
options are granted to the Board of Directors and employees
in specific positions and ranks who meet the established ESA 1 589,800 -
requirements under the Management Stock Option Plan (MSOP).
ESA 2 1,554,300 -
BRI has various types of variable compensation, one of which ESA 3 268,953,200 -
is a long-term incentive (LTI). LTI is compensation provided by
ESA 4 283,113,000 -
the company based on the achievement of corporate and/or
individual performance, considering long-term performance over Special ESA 30,720,900 7,758,700
more than two (2) years. ESOP 1 72,029,200 -
ESOP 2 76,896,900 -
Discretionary
674,600 -
Pool
*The granting of Employee Stock Allocation (ESA) or additional shares in 2024.
726 PT Bank Rakyat Indonesia (Persero) Tbk
Page 729
2024 Annual Report
The Implementation Period Requirements of Eligible Employees
and Management
The vesting period, or the period during which the team member’s
rights to shares still depend on the specified conditions, is as The program for granting several Company shares in the form
follows: 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
Program Vesting Period
the specified period, as well as the team member‘s track record
Vesting 1 in carrying out their responsibilities. Meanwhile, other team
January 1, 2017 – January 31, 2018 (Applicable to all member share ownership programs are provided in the form of
Corporate Titles)
ESA 1
granting the right to purchase some company shares, namely in
Vesting 2 the form of an ESOP, aimed at employees who fall into the BRI
January 1, 2019 – January 31, 2019 High Potential Talent & Value Creator category, namely those
(Only valid for Corporate Title VP, EVP & SEVP)
who meet the performance and Capacity/Potential criteria.
ESA 2 January 2, 2020 to January 31, 2020
ESA 3 January 2, 2020 to March 31, 2021
Implementation Prices or Determination
of Implementation Prices
ESA 4 January 2, 2020 to December 31, 2021
ESOP 1 May 15, 2020 – October 31, 2020 In the Employment Stock Ownership Program (ESOP) BRI
provided to eligible employees, the acquisition price of shares is
ESOP 2 May 15, 2020 – May 31, 2021
determined at specific times: for the ESA 1 program, the price
ESA 2023 January 2 – December 31, 2024 is IDR 3,60 per share; for ESA 2, 3, and 4, the price is IDR 4,410
per share; and for the ESOP program, ESA Special 1 amounted to
4,080,- and ESA Special 2 amounted to 6,375,-. 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.
PT Bank Rakyat Indonesia (Persero) Tbk 727
Page 730
Corporate
Governance
Public Accountant
Appointment of Public Accountant
The procurement procedure for a Public Accounting Firm (KAP) is as follows:
1. The technical, HPS preparation, and procurement teams procure KAP audit services.
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 AP
Year Public accounting firm KAP period
(Responsible Partner)
AP period Audit Service Fee
Permission
2024 Purwantono, Sungkoro & Surja Period 9 Christophorus Alvin Kossim Period 5 IDR 16,625,000,000 AP.1681
2023 Purwantono, Sungkoro & Surja Period 8 Christophorus Alvin Kossim Period 4 IDR 15,922,000,000 AP.1681
2022 Purwantono, Sungkoro & Surja Period 7 Christophorus Alvin Kossim Period 3 IDR 13,925,000,000 AP.1681
2021 Purwantono, Sungkoro & Surja Period 6 Christophorus Alvin Kossim Period 2 IDR 13,715,296,000 AP.1681
2020 Purwantono, Sungkoro & Surja Period 5 Christophorus Alvin Kossim Period 1 IDR 15,523,800,000 AP.1681
2019 Purwantono, Sungkoro & Surja Period 4 Danil Setiadi Handaja, CPA Period 3 IDR 10,700,000,000 AP.1008
2018 Purwantono, Sungkoro & Surja Period 3 Danil Setiadi Handaja, CPA Period 2 IDR 8,200,000,000 AP.1008
2017 Purwantono, Sungkoro & Surja Period 2 Danil Setiadi Handaja, CPA Period 1 IDR 7,300,000,000 AP.1008
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 and individual) as
IDR 600,000,000
of December 31, 2024
2 Agreed-upon procedures for data submitted by BRI for the Compilation of Financial Statements of the Ministry of
IDR 240,000,000
SOEs for the 2024 fiscal year
3 Agreed-upon procedures for compliance with applicable regulations for micro and small business funding for the
IDR 185,000,000
2024 fiscal year (if required).)
Audit Opinion
Year Opinion on Financial Statement Audit Results
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
728 PT Bank Rakyat Indonesia (Persero) Tbk
Page 731
2024 Annual Report
Internal Control System The control culture enhances a strong work ethic and high
integrity while fostering an organizational culture that
BRI implements an effective internal control system (ICS) emphasizes the importance of internal controls to all employees.
to oversee its business and operational activities across all The Board of Commissioners and the Board of Directors have
organizational levels and to safeguard BRI’s investment and actively supervised and established a control culture within the
assets. The effective implementation of ICS assists BRI’s company.
management in protecting assets, ensuring the availability
of reliable financial and managerial reporting, enhancing The implementation of management oversight includes:
compliance with applicable laws and regulations, and reducing 1. BRI has established procedures to identify, measure,
the risk of losses, irregularities, and violations of prudential monitor, and control risks faced by the bank. The Board of
principles. The establishment of a reliable and effective ICS at BRI Commissioners plays a role in determining the company’s
is the responsibility of all risk-taking units, supporting business risk tolerance level.
units, and the Internal Audit Unit (SKAI). 2. BRI has an adequate organizational structure with
assignments of duties and responsibilities under the
Purpose of Internal Control System applicable regulations.
3. BRI has developed a policy architecture that includes internal
1. Compliance with Provisions and regulations or compliance control policies and procedures for operational activities.
objectives. The compliance objective is intended to ensure 4. Conducting monitoring of improvements of findings from
that all of BRI’s business activities are conducted under internal and external audits.
the applicable provisions and regulations, including those 5. Regular communication across all organizational levels,
issued by the government, and the OJK Regulation, as well as including between the Board of Directors and the Board of
internal policies, regulations, and procedures established by Commissioners.
the company. 6. Monitoring the effectiveness of Internal Control System
2. Availability of comprehensive, accurate, relevant, and timely implementation.
financial and management information or information 7. Conducting reviews of the Internal Control System.
objectives. The information objective is intended to ensure the
availability of comprehensive, accurate, relevant, and timely Risk Identification and Assessment
reports needed for making precise and accountable decisions.
3. Effectiveness and efficiency in business activities or An effective Internal Control System (SPI) requires the company
operational objectives. The operational objective is aimed at to continuously identify and assess risks that could impact the
enhancing the effectiveness and efficiency of asset utilization achievement of its objectives. BRI periodically and consistently
and other resources to protect against the risk of losses. conducts risk assessments that may affect the company’s
4. Enhancing the effectiveness of risk culture across the goals. Risk assessments are also performed by the internal audit
organization or risk culture objectives. The risk culture team as part of their audit activities through a risk-based audit
objective is intended to identify weaknesses and detect approach. A more detailed identification and assessment of risk
irregularities early, as well as continuously reassess the are provided in the Risk Management section. Internal control is
adequacy of existing policies and procedures. reviewed annually by SKAI through the Risk Management Review
process.
Control Environment
Financial and Operational Control Activities
The control environment reflects the overall commitment,
behavior, awareness, and actions of the Board of Directors and Control activities include policies, procedures, and practices
the Board of Commissioners in carrying out operational control that provide workers with confidence that the Board of Directors
activities. The elements of the control environment and Board of Commissioners’ directives have been implemented
include: effectively. Control activities are implemented at all functional
1. An adequate organizational structure. levels in accordance with the organizational structure, which at
2. Leadership style and management philosophy. least include:
3. Integrity, ethical values, and the competency of all employees
4. Human capital policies and procedures. Management Review (Top Level Review)
5. Attention and direction from management and other Review of the progress (realization) is compared to the targets
committees. to be achieved, such as financial reports compared to the
6. Factors influencing operational activities established budget plan to immediately detect problems such as
control weaknesses, financial reporting errors, or fraud.
PT Bank Rakyat Indonesia (Persero) Tbk 729
Page 732
Corporate
Governance
Operational Review (Functional Review) Authority and statutory provisions, as well as implementing a
Operational reviews are conducted to assess risk profile reports, prevention system so that policies and/or decisions taken by
operational data analysis, and realization of the implementation the Board of Directors BRI does not deviate from the provisions
of audit work plans by Internal Audit Unit (SKAI) with higher of the Financial Services Authority and statutory regulations.
frequency, both daily, weekly and monthly reviews. In addition, the Compliance Function’s responsibilities
include identifying, measuring, monitoring, and controlling
Information Systems Control Compliance Risk by referring to the Financial Services Authority
The Company verifies the accuracy and completeness of Regulations regarding the Implementation of Risk Management
transactions and carries out authorization procedures in for Commercial Banks, including making efforts to ensure that
accordance with internal provisions. Information system control policies, provisions, systems, and procedures and BRI’s business
activities can be classified into 2 (two) criteria, namely general activities are in accordance with the provisions of the Financial
control and application control. Services Authority and/or applicable laws and regulations.
Physical Asset Control In order to increase the effectiveness of controlling compliance
Physical asset control is implemented to ensure that risk security with statutory regulations, the Compliance Function periodically
is maintained for company assets. has a work program to assess the effectiveness of the compliance
culture. BRI has parameters for measuring the effectiveness of
Documentation implementing a compliance culture for Business Unit, which is
The company adequately documents accounting policies, carried out once a year. This assessment provides an overview
procedures, systems, standards, and audit processes. This for management to determine the level of compliance of each
document is updated periodically to describe the company’s Business Unit, which can be considered when assessing each
operational activities and is communicated to officials and business unit’s KPIs.
employees. The internal auditor also assesses the accuracy and
availability of documents during the audit. The Board of Directors periodically assesses the adequacy
of implementing the Compliance Function at BRI through
Segregation of Duties Compliance Function Reports, which are also submitted to the
Effective SPI requires separation of functions (four eyes principle) Financial Services Authority every semester. The implementation
and avoids the granting of authority and responsibility that can summary contained in the Compliance Function Report contains
cause various conflicts of interest. The separation is intended so fairly comprehensive information, including compliance risk
that everyone in their position does not have the opportunity management, gratification control program, AML-CFT program,
to commit and hide errors or deviations in carrying out tasks and others.
at all levels of the organization and all operational activities.
Separation of functions is not limited to front and back office Accounting, Information and Communication
activities but also in the context of controlling: Systems
1. Approval of disbursement of funds and realization of
expenditure. Accounting System
2. Customer accounts and company owner accounts. Methods and records for identifying, grouping, analyzing,
3. Transactions in bookkeeping. classifying, recording or posting, and reporting transactions.
4. Providing information to customers.
5. Assessing the adequacy of credit or financing documentation Information System
and monitoring of debtors after credit or financing - Must be able to produce reports on business activities,
disbursement. financial conditions, implementation of risk management,
6. Other business activities that may cause significant conflicts and fulfillment of provisions that support the implementation
of interest. of the duties of the Board of Directors and Board of
Commissioners.
CONTROLLING COMPLIANCE WITH OTHER LEGAL - Provide a reliable information system regarding all functional
REGULATIONS activities, especially functional activities that are significant
and have high risk potential.
The Compliance Function generally carries out control of - Organize a contingency recovery plan and back up system to
compliance with statutory regulations. The Compliance Director’s prevent high risk business failure.
responsibilities include ensuring that all policies, provisions, - Have and maintain a management information system that is
systems, and procedures, as well as business activities carried organized, both in electronic and non-electronic form.
out by BRI, are under the provisions of the Financial Services
730 PT Bank Rakyat Indonesia (Persero) Tbk
Page 733
2024 Annual Report
Communication System - Establish information or feedback in an appropriate format
- Must be able to provide information to all parties, both and frequency.
internal and external, such as the OJK Regulation, external
auditors, shareholders, and customers. Internal Audit Unit (SKAI) Function
- Internal Audit Unit (SPI) must ensure that there are effective - Conduct effective and comprehensive internal audits of
communication channels so that all officials and workers SPI carried out by independent, competent, and sufficient
fully understand and comply with policies and procedures in number of auditors.
carrying out their duties and responsibilities. - Report findings directly to the Board of Commissioners or
- The organizational structure must allow for adequate Audit Committee, President Director, and Director in charge
information flow, namely upward information to ensure that of the compliance function.
the Board of Directors, Board of Commissioners and executive - Conduct an independent assessment of the adequacy of
officers are aware of operational risks and performance. the Company’s compliance with established policies and
Downward information is carried out to ensure the Company’s procedures.
objectives, strategies and expectations as well as lower-level - Determine the position, authority, responsibility,
policies and implementers, and across business units to professionalism, organization, and scope of duties of SKAI by
ensure that information known by a particular business unit referring to the provisions of laws and regulations regarding
can be conveyed to other related business units. the implementation of the compliance function of general
banks and the standards for implementing the audit function.
Monitoring Activities and Corrective Actions
For Deviations Correction of Weaknesses and Corrective Actions for
Deviations
BRI continuously monitors the overall effectiveness of internal - Weaknesses in internal control, whether identified by the
control carried out by operational business unit and the Internal risk taking unit, SKAI, or other parties, must be immediately
Audit Business Unit ranks. The Internal Audit Business Unit reported to and brought to the attention of authorized officials
has monitored the internal control system, which is submitted and/or the Board of Directors. Material weaknesses in internal
to the President Director, Compliance Director, and Board of control must be reported to the Board of Commissioners.
Commissioners. - Any reports regarding weaknesses in internal control or
ineffective risk control must be immediately followed up by
Monitoring the Board of Directors, Board of Commissioners, and relevant
- Conduct continuous monitoring of the overall effectiveness executive officers.
of internal control implementation. Monitoring of key risks - SKAI must conduct a review or other adequate monitoring
must be prioritized and serve as part of the Company’s daily steps on the weaknesses that occur and immediately report
activities including periodic evaluations, both by the risk to the Board of Commissioners, Audit Committee, and
taking unit and by SKAI. President Director if there are still weaknesses that have not
- Continuously monitor and evaluate the adequacy of SPI in been corrected or have been recommendated for corrective
relation to changes in internal and external conditions and actions that have not been followed up.
must increase the capacity of SPI so that its effectiveness can - Ensuring that all weaknesses are immediately followed up,
be improved. the Board of Directors must create a system that can trace
- Ensure that monitoring functions are clearly defined and well weaknesses in internal control and take corrective steps.
structured within the organization. - The Board of Directors and Board of Commissioners must
- Assign business units or employees to monitor the receive periodic reports in the form of a summary of the
effectiveness of internal control. results of the identification of all problems in internal
- Establish the appropriate frequency for monitoring activities control.
based on the risks inherent in the Company and the nature or
frequency of changes occurring in operational activities. Compliance with the Committee of
- Integrate SPI into operational activities and provide routine Sponsoring Organizations of Tradeway
reports such as accounting journals, management reviews Commission (COSO)
and reports on approval of exceptions or deviations from
established policies and procedures (justification for BRI has implemented an internal control system using the
irregularities) which are then reviewed. COSO Internal Control Framework: Control Environment, Risk
- Conduct a review of the documentation and evaluation Assessment, Control Activities, Information & Communication,
results of the business units or workers assigned to carry out and Monitoring.
monitoring.
PT Bank Rakyat Indonesia (Persero) Tbk 731
Page 734
Corporate
Governance
and exchange rate risk on the position of all BRI financial
Internal Environment
instruments classified as trading books and banking books
The first element of BRI’s internal control structure includes
exposed to interest rate and exchange rate risk.
commitment, policies, and behavior, including the concern
3. Liquidity Risk
of the Board of Directors, Board of Commissioners, and all BRI
Identification, measurement, and monitoring are carried out
employees regarding the importance of effective internal control.
through the daily liquidity profile dashboard, while control is
BRI’s Board of Commissioners ensures that the Board of Directors
carried out through the liquidity contingency plan protocol.
has monitored the effectiveness of the implementation of the
Liquidity risk assessment includes assessing liquidity ratios,
internal control system through regular meetings with the Board
cash flow projections, maturity profiles, NSFR and LCR,
of Directors and Executive Officers to discuss the effectiveness
determining liquidity risk limits, and stress tests.
of the Internal Control System. The Board of Directors monitors
4. Operational Risk
the adequacy and effectiveness of the internal control system
Assess risks caused by inadequate or non-functioning internal
by ensuring that officials and workers have carried out internal
processes, human error, system failure, or external problems
implementation function activities. In carrying out supervision,
that affect bank operations..
BRI management has established a culture of control, including:
5. Legal Risk
1. Establishment of an adequate BRI organizational structure
Includes an assessment of risks caused by juridical
with the determination of duties and responsibilities in
weaknesses, including legal claims, the absence of
accordance with applicable regulations.
supporting legislation, or deficiencies in the agreement, such
2. Policies and procedures related to BRI human capital
as not fulfilling the terms of the validity of the contract and
management include planning, recruitment, development
imperfect binding.
and training, remuneration, and performance management.
6. Strategic Risk
3. BRI’s core values and the BRI Code of Ethics reflect integrity
Assessment includes determining and implementing
and ethical values, which all BRI employees must follow.
inappropriate bank strategies, making wrong business
4. In implementing the duties and responsibilities of the
decisions, or lacking the need for more responsiveness to
Directors and Commissioners, always pay attention to the
external changes.
principles of good corporate governance.
7. Reputation Risk
Covers risks caused by negative publications related to the
Risk Assessment
bank’s business activities or negative perceptions of the bank.
It is a series of awareness of all BRI employees towards a risk
The measurement aims to estimate the level of reputation
awareness culture, including actions to evaluate, assess, and
risk vulnerability faced by BRI. The assessment includes
mitigate risks. A more detailed explanation regarding the bank’s
parameters in the form of the influence of the reputation
internal control system for all types of risks is presented in pillar
of bank owners and companies, violations of business
4 of the Risk Management Chapter. BRI evaluates the risk profile
ethics, product complexity, and business collaboration, and
periodically to mitigate risks that have the potential to harm
the frequency and materiality of negative bank news and
the company. In implementing integrated risk management in
customer complaints.
financial conglomerates, BRI carries out management including
8. Compliance Risk
assessment of 10 (ten) types of risks, namely:
This is a risk caused by not complying with or not
1. Credit risk
implementing applicable laws and regulations. Assessments
The assessment is carried out using an internal model using
are carried out on the parameters of type, significance,
a standard model, namely calculating the probability of
nominal, and frequency of violations of relevant provisions.
default and loss given default for each business segment
9. Insurance Risk
based on shifts in collectibility. A series of stress tests were
Assess risks resulting from the failure of insurance companies
also carried out to measure the maximum potential loss if
to fulfill their obligations to policyholders due to inadequate
stress conditions occurred.
risk selection processes, premium determination, use of
2. Market risk
reinsurance, and/or claims handling.
Assessments are carried out periodically (daily, weekly,
10. Intra Group Transaction Risk
monthly) by calculating market risk, including an approach
Assess the risks resulting from an entity’s dependence, either
using standard methods and internal measurement models
directly or indirectly, on other entities within a financial
(VaR) through the GUAVA application and NII simulation
conglomerate in order to fulfill the obligations of written
every time there is a change in market interest rates and
agreements and unwritten agreements, whether followed by
managing the maturity profile of securities. The standard
transfers and/or not followed by transfers of funds.
method approach is carried out by calculating interest rate
732 PT Bank Rakyat Indonesia (Persero) Tbk
Page 735
2024 Annual Report
Apart from conducting regular risk assessments, management - Control legal risks by reviewing the legal aspects of
also evaluates the company’s risk profile assessment results new products and activities.
to determine actions and controls for the risk assessment. - Strategic risk control is contained in the General Long
Management has established an Early Warning System for every Term Plan policy, Long-Term Plan Implementation
risky business process that can potentially harm the company. Guidelines, and the Company’s Work Plan and
Budget.
Control Activities - Reputation risk control is included in the Circular
Includes actions determined through policies and procedures to Letter of the BRI Board of Directors regarding
control risks at all levels of the organization and various business Information Service and Management Policy.
processes at BRI. Control activities can assist Directors and - Compliance risk control is carried out by reviewing
Commissioners in managing and controlling hazards that can each external regulation and analyzing the impact on
affect performance or result in losses for the company. Forms of the company to be then included in each company’s
BRI control activities include: internal provisions.
1. General control activities involve all BRI employees at - Controlling insurance risk as part of the risks inherent
all levels of the organization. BRI’s control activities are in BRI as the primary entity that oversees subsidiary
contained in all BRI policies and procedures as stated in the companies operating in the insurance sector is
BRI Policy and Procedure Architecture. Control systems for through the implementation of the Subsidiary
each business process, including: Company Risk Profile Discussion Forum.
a. Implement MCS (maker, checker, signer) in authorization - Intra-group risk control is carried out by the
and verification activities. Subsidiary Desk, which is appointed by management
b. The segregation of duties separates functions in carrying as the Business Unit that manages subsidiaries.
out responsibilities so that there is no opportunity to
commit and hide irregularities in implementing their Information & Communication
duties. BRI has a relevant and quality information system related to
c. Implementation of the Four Eyes Principles in the loan financial conditions, business activities, risk management and
process for all segments; separation of loan initiator and compliance implementation, market conditions, and other
breaker functions. conditions to support the duties and responsibilities of the Board
d. Application of three lines for layered defense activities. of Directors and Board of Commissioners. Internal and external
2. Control activities according to organizational functions communications are also carried out periodically to support the
include: company’s internal controls functioning as they should.
a. Implementation of Management Reviews (Top
Management Reviews) Monitoring
b. Control activities in the implementation of Risk Includes a continuous assessment process for monitoring
Management include: activities regarding the effectiveness of the design and operation
- Credit risk control includes procedures for improving of the internal control structure and management performance
loan quality through restructuring, procedures that has been implemented and is functioning. Monitoring of
for minimizing losses in loan quality through BRI’s internal control system is carried out through three lines
restructuring, and procedures for writing off of defense, namely:
problematic loans. 1. 1st line as risk owner, it is the Unit that carries out
- Market risk control includes preparing market risk business and operational activities and manages the
management designs, compiling and analyzing risks faced (including the Operational Business Unit).
periodic reports on the output produced by internal 2. 2nd line, it is the Unit that carries out functional
models such as analysis of daily net foreign exchange supervision (including MR Headquarters & Regional
position reports, market risk exposure reports, Offices, Compliance Division, and Policy & Procedures
implementation of Market Risk Management Division).
Committee forums and Asset & Liability Committee 3. 3rd line, it is the Unit that carries out assurance. The
(ALCO) forums. Internal Audit Business Unit is part of the Internal
- Liquidity risk control includes the Protocol Liquidity Control System, which carries out a supervisory function
Contingency Plan. over the monitoring of the internal control system.
- Operational risk control includes product assessment
procedures and a Protocol Liquidity Contingency The results of the implementation of The Internal Audit Business
Plan for catastrophic events.. Unit supervision and monitoring of the internal control system
are submitted to the President Director, Compliance Director, and
Board of Commissioners.
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Evaluation of Internal Control System 2. Law of the Republic of Indonesia Number 5 of 1999 dated
Implementation March 05, 1999 concerning Prohibition of Monopolistic
Practices and Unfair Business Competition.
The Board of Directors is responsible for ensuring that a reliable 3. Law of the Republic of Indonesia Number 19 of 2003 dated
and effective internal control system is implemented. This June 19, 2003 concerning State-Owned Enterprises.
system must improve and promote a risk awareness culture that 4. Law of the Republic of Indonesia Number 40 of 2007 dated
is embedded at every level of the organization. The Internal August 16, 2007 concerning Limited Liability Companies.
Audit Business Unit is responsible for evaluating the adequacy, 5. Law of the Republic of Indonesia Number 40 of 2014 dated
effectiveness, and efficiency of the internal control system. It October 17, 2014 concerning Insurance as last amended
plays an active role in continuously improving the efficacy of by Law of the Republic of Indonesia Number 4 of 2023
the internal control system to achieve the goals set by BRI. SKAI dated January 12, 2023 concerning Development and
carries out SPI evaluation through periodic inspection and review Strengthening of the Financial Sector.
activities in Business Units and Subsidiaries. 6. Law of the Republic of Indonesia Number 8 of 2015 dated
November 10, 2015 concerning Capital Markets.
The results of the SKAI evaluation are submitted to the Board of 7. Law of the Republic of Indonesia Number 9 of 2016 dated
Directors for further follow-up by the relevant Business Unit. The April 15, 2016 concerning Prevention and Handling of
Board of Commissioners, especially the Audit Committee, plays Financial System Crisis as last amended by Law of the
an active role in evaluating the SPI by reviewing the results of Republic of Indonesia Number 4 of 2023 dated January 12,
the evaluation carried out by SKAI. The evaluation results during 2023 concerning Development and Strengthening of the
2024 showed that the SPI at BRI had been running adequately. Financial Sector.
8. Government Regulation of the Republic of Indonesia Number
Statement of the Board of Directors and/or 21 of 1992, dated April 29, 1992, concerning Adjustment
Board of Commissioners on the Adequacy of of the Legal Form of Bank Rakyat Indonesia to a Limited
the Internal Control System Liability Company (Persero).
9. Presidential Regulation of the Republic of Indonesia Number
Based on the results of the review and based on discussions 9 of 2009 dated March 18, 2009 concerning Financing
with Management, the Audit Committee, Independent Auditors, Institutions.
Internal Auditors, and several Related Divisions, the Board of 10. Regulation of the Minister of SOEs of the Republic of
Directors and Board of Commissioners assessed that in 2024 Indonesia Number PER-2/MBU/2023 dated March 24,
internal control system was adequate, in accordance with the 2023 concerning Guidelines for Governance and Significant
objectives of the internal control system, namely compliance with Corporate Activities of State-Owned Enterprises.
provisions and laws and regulations, the availability of complete, 11. Decree of the Minister of Manpower of the Republic of
accurate and timely financial and management information, Indonesia Number 23 of 2019 dated February 27, 2019
increasing effectiveness and efficiency in business activities or concerning the Determination of Indonesian National Work
operational objectives and increasing the effectiveness of risk Competency Standards for the Category of Financial and
culture. Insurance Activities, Main Group of Insurance, Reinsurance
and Pension Funds, Not Mandatory Social Security in the
Insurance Sector.
Risk Management 12. Decree of the Minister of Manpower of the Republic of
Indonesia Number 87 of 2019 dated May 17, 2019 concerning
BRI proactively and prudently manages risk in every business the Determination of Indonesian National Work Competency
and operational process to achieve optimal profitability per the Standards for the Category of Financial and Insurance
predetermined risk appetite. BRI is committed to implementing Activities, Main Group of Financial Services Activities, Not
sound risk management by having policies, procedures, Insurance and Pension Funds in the Financing Sector.
competencies, accountability, reporting, and supporting 13. Decree of the Minister of Manpower of the Republic of
technology that aims to ensure that BRI Bank’s risk management Indonesia Number 233 of 2019 dated September 10, 2019
always runs effectively and efficiently. concerning the Determination of Indonesian National Work
Competency Standards for the Category of Financial and
Basis of Implementing Risk Management Insurance Activities, Main Group of Supporting Activities for
Financial Services, Not Insurance and Pension Funds in the
The basis for implementing the Company’s risk management Capital Market Sector.
refers to: 14. Decree of the Minister of Manpower of the Republic
1. Law of the Republic of Indonesia Number 10 of 1998 dated of Indonesia Number 218 of 2020 dated May 12, 2020
November 10, 1998 concerning Amendments to Law No. 7 of concerning the Determination of Indonesian National
1992 dated March 25, 1992 concerning Banking. Work Competency Standards for the Category of Financial
734 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
and Insurance Activities, Main Group of Financial Services 32. The OJK Regulation (POJK) Number 4/POJK.05/2021
Activities, Non-Insurance and Pension Funds in the Field of dated March 17, 2021 concerning Implementation of Risk
Banking Risk Management. Management in the Use of Information Technology by Non-
15. Bank Indonesia Regulation Number 23/6/PBI/2021 dated Bank Financial Services Institutions.
July 1, 2021 concerning Payment Service Providers. 33. The OJK Regulation (POJK) No. 6/POJK.04/2021 dated March
16. Regulation of the Member of the Board of Governors 17, 2021 concerning Implementation of Risk Management
Number 24/7/PADG/2022 dated June 30, 2022 concerning for Securities Companies Conducting Business Activities as
the Implementation of Payment Systems by Payment Service Underwriters of Securities and Securities Traders as Members
Providers and Payment System Infrastructure Providers. of the Stock Exchange.
17. The OJK Regulation (POJK) Number 17/POJK.03/2014 dated 34. The OJK Regulation (POJK) Number 12/POJK.03/2021 dated
November 19, 2014 concerning the Implementation of July 30, 2021 concerning Commercial Banks.
Integrated Risk Management for Financial Conglomerates. 35. The OJK Regulation (POJK) Number 13 /POJK.03/2021 dated
18. The OJK Regulation (POJK) Number 18/POJK.03/2014 dated July 30, 2021 concerning the Implementation of General
November 19, 2014 concerning the Implementation of Bank Products.
Integrated Governance for Financial Conglomerates. 36. The OJK Regulation (POJK) Number 11/POJK.03/2022 dated
19. The OJK Regulation (POJK) Number 26/POJK.03/2015 dated July 7, 2022 concerning the Implementation of Information
December 11, 2015 concerning the Obligation to Provision of Technology by Commercial Banks.
Integrated Minimum Capital for Financial Conglomerates. 37. The OJK Regulation (POJK) Number 17/POJK.04/2022 dated
20. The OJK Regulation (POJK) Number 4/POJK.03/2016 September 5, 2022 concerning the Guidelines for Investment
dated January 26, 2016 concerning the Assessment of the Managers’ Behavior.
Soundness Level of Commercial Banks. 38. The OJK Regulation (POJK) Number 24 of 2022 dated
21. The OJK Regulation (POJK) Number 5/POJK.03/2016 dated November 25, 2022 concerning the Development of the
January 26, 2016 concerning Bank Business Plans. Quality of Human Resources of Commercial Banks.
22. The OJK Regulation (POJK) Number 18/POJK.03/2016 39. The OJK Regulation (POJK) Number 27 of 2022 dated
dated March 22, 2016 concerning Implementation of Risk December 28, 2022 concerning the Second Amendment
Management for Commercial Banks. to OJK Regulation (POJK) Number 11/POJK.03/2016
23. The OJK Regulation (POJK) Number 34/POJK.03/2016 concerning the Minimum Capital Provision Obligation of
dated September 26, 2016 concerning Amendments to OJK Commercial Banks.
Regulation (POJK) Number 11/POJK.03/2016 concerning 40. The OJK Regulation (POJK) Number 17 of 2023 dated
Minimum Capital Requirement for Commercial Banks. September 14, 2023 concerning the Implementation of
24. The OJK Regulation (POJK) Number 38/POJK.03/2017 dated Governance for Commercial Banks.
July 12, 2017 concerning Implementation of Consolidated 41. The OJK Regulation (POJK) Number 5 of 2024 dated March
Risk Management for Banks Controlling Subsidiaries. 25, 2024 concerning Determination of Supervision Status
25. The OJK Regulation (POJK) Number 12/POJK.03/2018 dated and Handling of Commercial Bank Problems.
August 6, 2018 concerning the Provision of Digital Banking 42. The OJK Regulation (POJK)Number 30 of 2024 dated
Services by Commercial Banks. December 19, 2024 concerning Financial Conglomerates and
26. The OJK Regulation (POJK) Number 35/POJK.05/2018 dated Financial Conglomerate Holding Companies.
December 28, 2018 concerning the Implementation of 43. Deposit Insurance Corporation (LPS) Regulation Number 2 of
Financing Company Business. 2024 dated August 7, 2024 concerning Resolution Plans for
27. The OJK Regulation (POJK) Number 39/POJK.03/2019 dated Commercial Banks.
December 19, 2019 concerning the Implementation of Anti- 44. The OJK Circular Letter Number 14/SEOJK.03/2015 dated
Fraud Strategy for Commercial Banks. May 25, 2015 concerning Implementation of Integrated Risk
28. The OJK Regulation (POJK) Number 28/POJK.05/2020 dated Management for Financial Conglomerates.
April 29, 2020 concerning the Assessment of the Soundness 45. The OJK Circular Letter Number 33/SEOJK.03/2016 dated
Level of Non-Bank Financial Services Institutions. September 1, 2016 concerning Implementation of Risk
29. The OJK Regulation (POJK) Number 29/POJK.05/2020 dated Management in Banks Carrying Out Marketing Cooperation
April 29, 2020 concerning Amendments to OJK Regulation Activities with Insurance Companies (Bancassurance).
Number 30/POJK.05/2014 concerning Good Corporate 46. The OJK Circular Letter Number 34/SEOJK/03/2016 dated
Governance for Financing Companies. September 1, 2016 concerning the Implementation of Risk
30. The OJK Regulation (POJK) Number 44/POJK.05/2020 dated Management for Commercial Banks.
September 2, 2020, concerning the Implementation of Risk 47. The OJK Circular Letter Number 4/SEOJK.03/2017 dated
Management for Non-Bank Financial Services Institutions. January 16, 2017 concerning the Implementation of Risk
31. The OJK Regulation (POJK) Number 63/POJK.03/2020 dated Management in Banks Conducting Activities Related to
December 22, 2020 concerning Reporting of Commercial Mutual Funds.
Banks Through the Financial Services Authority Reporting
System.
PT Bank Rakyat Indonesia (Persero) Tbk 735
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Governance
48. The OJK Circular Letter Number 14/POJK.03/2017 dated 52. The OJK Circular Letter Number 7/SEOJK.05/2021 dated
March 17, 2017 concerning the Assessment of the Soundness February 5, 2021 concerning Implementation of Risk
Level of Commercial Banks. Management for Financing Companies and Sharia Financing
49. The OJK Circular Letter Number 21/POJK.03/2017 dated June Companies.
6, 2017 concerning the Implementation of Risk Management 53. The OJK Circular Letter Number 22/SEOJK.05/2021
in the Use of Information Technology by Commercial Banks. dated August 24, 2021 concerning Implementation of Risk
50. The OJK Circular Letter Number 35/POJK.03/2017 dated Management in the Use of Information Technology by Non-
July 7, 2017 concerning Guidelines for Internal Control bank Financial Services Institutions.
System Standards for Commercial Banks 54. The OJK Circular Letter Number 28/POJK.03/2022
51. The OJK Circular Letter Number 11/SEOJK.05/2020 dated dated December 22, 2022 concerning Risk Management
July 1, 2020 concerning Assessment of the Soundness Level Certification.
of Financing Companies and Sharia Financing Companies.
Risk Management Framework and Governance
The Company’s Risk Management framework is contained in the BRI Risk Management Policy which is carried out 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:
Active Supervision Adequacy of MR Adequacy of MR
of the Board of
Directors and Board of Policies, Procedures & Information Process Internal Control System
Commissioners Limit Setting and Systems
Board of Commissioners Committee Risk Taking Unit & Policy Making Unit
Board of Commissioners Supervisory Function Identification, Measurement, Monitoring, Control
Committee
Supervisory Function
Risk Management Committee Credit Policy
Committee 1st Line 2nd Line 3rd Line
MR Monitoring Credit Risk Strategic Risk
Committee Independent
Three Lines Model
Market Risk Compliance Risk Credit Committee Business Unit Risk Unit
Assurance
Integrated Liquidity Risk Reputation Risk Internal Audit
Governance Integrated Risk Operation Compliance Unit
Unit
Committee Operational Risk Intragroup Risk Management
Committee Risk Taking Unit Integrated Risk & Compliance
Legal Risk Insurance Risk
Audit Committee ISG Committee
Climate Change Risk Risk Management Information System
The risk management governance framework above refers to OJK ii. The second line as the Risk Management and Compliance
Regulation No.18/POJK.03/2016, where the Implementation of function which is an independent unit that measures,
Risk Management consists of 4 (four) main pillars, namely: monitors and mitigates Risk in aggregate, as well as
a. Pillar 1: Active Supervision of the Board of Directors and develops Risk Management methodologies and policies;
Board of Commissioners; and
b. Pillar 2: Adequacy of Risk Management Policies, Procedures iii. The third line as the Internal Audit function is a unit that
and Limit Setting; ensures that Risk governance and control have been
In implementing the 1st and 2nd pillars of Risk Management, implemented effectively by the company.
the Board of Directors and the Board of Commissioners are d. Pillar 4: Internal Control System.
assisted by Committees under the Board of Directors and In implementing the 4th pillar, namely the Internal Control
Committees under the Board of Commissioners. System, the Internal Audit Unit as Independent Assurance
c. Pillar 3: Adequacy of Risk Management Information Processes carries out an assessment of the SPI in the implementation
and Systems; of Risk Management.
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;
736 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Integrated Risk Management governance is the foundation for the Main Entity and Subsidiaries in implementing the Integrated Risk
Management process throughout the business and operational activities of the BRI Financial Conglomerate. The Integrated Risk
Management governance framework used is described as follows:
Active Supervision of the Board Adequacy of Integrated Adequacy of Integrated Risk
Integrated Internal Control
of Directors and Board of Risk Management Policy, Management Process and
System
Commissioners of the Main Entity Procedures & Limit Setting Information System
Integrated Risk Taking Unit &
Board of Commissioners
Integrated Risk Management Committee Policy Making Unit
Committee Identification, Measurement, Monitoring, Control
Supervisory Function
Risk Management Information System
MR Monitoring Credit Risk Strategic Risk
Committee
BRI
Market Risk Compliance Risk 1st Line 2nd Line 3rd Line
Integrated Independent
Three Lines Model
Governance Liquidity Risk Reputation Risk Business Unit Integrated Risk Unit
Assurance
Committee
Integrated Integrated Internal
Operational Risk Intragroup Risk Operation
Compliance Unit Audit Unit
Legal Audit
Committee Legal Risk Insurance Risk Integrated Risk Integrated Risk & Integrated
Taking Unit Compliance Assurance
Board of Commissioners Subsidiary Risk Taking Unit & Policy
Subsidiary Company Directors
Committee Subsidiary Risk Management Committee Making Unit
Subsidiary Company
Supervisory Function Identification, Measurement, Monitoring, Control
Risk Management Information System
1. Credit Risk 6. Strategic Risk
Board of 2. Market Risk 7. Compliance Risk 1st Line 2nd Line 3rd Line
Commissioners
Independent
Three Lines Model
Committee 3. Liquidity Risk 8. Reputation Risk Business Unit Risk Unit
KPMR, Audit Assurance
Committee, KTKT* 4. Operational Risk 9. Insurance Risk Integrated Internal
Operation Compliance Unit
(Insurance Subsidiary Audit Unit
5. Legal Risk Company)
Subsiary
Risk Taking Unit Risk & Compliance Control
Assurance
Pengawasan 3 Pilar
The integrated risk management governance framework above ii. The second line as an independent Risk Management
refers to OJK Regulation No.17/POJK.03/2014 concerning the and compliance function is a unit that measures,
Implementation of Integrated Risk Management for Financial monitors and mitigates risks in aggregate, develops Risk
Conglomerates, the Risk Management framework and governance Management methodologies and policies; and
used by the BRI Financial Conglomerate consists of 4 (four) main iii. The third line as an Internal Audit function is a unit
pillars, namely as follows: that ensures that risk governance and control are
a. Pillar 1: Active supervision of the Board of Directors and implemented effectively by the company.
Board of Commissioners of the Main Entity; d. Pillar 4: Integrated Internal Control System.
b. Pillar 2: Adequacy of policies, risk management procedures In the implementation of the 4th pillar, namely the Integrated
and integrated limit setting; Internal Control System, Integrated SKAI and SKAI of
In implementing the 1st and 2nd pillars of Integrated Subsidiaries as Independent Assurance have an important
Risk Management, the Board of Directors and Board of role in ensuring the effectiveness of the implementation of
Commissioners in each BRI Financial Conglomerate entity the three pillars of Integrated Risk Management.
are assisted by the Risk Management Committee under the
Board of Directors and the Committee under the Board of In order to implement Integrated Risk Management, synergy
Commissioners. is carried out between the risk management organs of the
c. Pillar 3: Adequacy of the Integrated Risk Management main entity and the risk management organs of the subsidiary
process and Information System; companies.
In implementing the 3rd pillar, each BRI Financial
Conglomerate entity must implement a 3 (three) lines risk Active Supervision of the Board of Commissioners
governance model, namely: and Directors
i. The first line as a risk owner unit is a unit that directly
identifies and manages risks in business processes The Board of Directors and Board of Commissioners provide clear
consisting of Core Risk Taking Units and Supporting Risk direction, actively supervise and mitigate, and develop a Risk
Taking Units; Management culture. In addition, the Board of Directors and
PT Bank Rakyat Indonesia (Persero) Tbk 737
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Corporate
Governance
Board of Commissioners also ensure an adequate organizational a. Update of BRI’s General Risk Management Policy.
structure, establish clear duties and responsibilities for each unit, b. Update of Risk-Based Bank Soundness Level Assessment
and ensure sufficient quantity and quality of Human Resources and Risk Maturity Assessment.
(HR) to support the implementation of Risk Management c. Update of BRI’s Individual and Integrated RAS parameters
effectively. and limits and in each Subsidiary Company.
d. Update of BRI’s Risk Profile, Rentability and Capital
In carrying out these functions, the Board of Commissioners is Parameters.
assisted by a Committee at the Board of Commissioners level, e. Update of BRI’s Stress Test Implementation Policy.
namely the Risk Management Monitoring Committee (KPMR). f. Update of Risk Management Model Policy.
The Risk Management Monitoring Committee periodically holds 2. Credit Risk
meetings and provides recommendations for improvements a. Update of General Loan Policy of PT Bank Rakyat
which are submitted in the minutes. The meetings to discuss risk Indonesia (Persero), TBK. (KPB BRI)
profiles and the implementation of individual risk management b. Update of Implementation Guidelines for Sector
have been held 5 (five) times, namely as follows: Classification (SC), Sector Acceptance Criteria (SAC) and
1. Risk Management Monitoring Committee Meeting on January Sector Limit in Loan Portfolio Guidelines (LPG).
23, 2024 discussed Risk Profile, Anti-Fraud Strategy and Risk- c. Update of Implementation Guidelines for Investment
Based Soundness Level. Loan.
2. Risk Management Monitoring Committee Meeting on d. Update of Implementation Guidelines for Maximum
February 27, 2024 discussed the Vintage Analysis Product Credit Granting Limit and Provision of Large Funds.
Mikro update. e. Update of Implementation Guidelines for Productive
3. Risk Management Monitoring Committee Meeting on April Asset Quality and Non-Productive Assets.
30, 2024 discussed the Risk Profile. f. Update of Implementation Guidelines for Micro Kupedes.
4. Risk Management Monitoring Committee Meeting on June 4, g. Update of Implementation Guidelines for SME Business
2024 discussed the Fraud Prevention and Detection System. Loan (PPK Business SME).
5. Risk Management Monitoring Committee Meeting on July h. Update of Value Chain Business Policy.
30, 2024 discussed the Risk Profile, Bank Soundness Level, i. Update of Property Ownership Loan Policy.
Anti-Fraud Strategy and Update on efforts to strengthen Risk j. Update of Problematic Loan Management Policy.
Management in the risk segment. k. Update of Internal Risk Rating (CRS) for Consumer Loan
In 2024, the implementation of active supervision and authority Segment.
of the Board of Directors in Risk Management is carried out l. Trade Finance Business Update.
periodically and adequately in the Board of Directors Committee, m. Preparation of Coal Sub-Sector Financing Policy.
including: n. Update of Loan Approval Authority.
1. ALCO Forum which has been held 9 (nine) times, discussing o. Update of Ceria Product Policy.
macroeconomics and asset & liability positions. p. Update of Corporate Loan Risk Rating.
2. Risk Management Committee which has been held 7 (seven) q. Update of Loan Portfolio Guidelines Policy.
times, discussing risk profiles, capitalization and risk issues. 3. Market and Liquidity Risk
3. Business Performance Review (BPR) which has been held 9 a. Update of Market Risk Management Policy.
(nine) times, discussing monitoring and evaluation of BRI’s b. Update of Liquidity Management and Interest Rate
performance achievements nationally and the performance Reference.
of all business units (RO and KCK as well as all Head Office 4. Operational Risk
Business Divisions). a. Update of General Human Capital Policy.
4. Implementation of Risk Meetings to update loan risk b. Update of General Operational and Information
portfolios which are carried out routinely to the Board of Technology Policy.
Directors and Commissioners. c. Update of General Fixed Assets Management &
Procurement Policy.
Adequacy of Policies, Procedures and Limit Setting d. Update of Criticality of Application System.
e. Update of Data Management Policy.
In accordance with OJK Regulation No. 18/POJK/2016, BRI’s f. Update of Business Continuity Management Policy.
Board of Directors has prepared written and comprehensive Risk g. Update of Guidelines for Implementation of Information
Management policies and strategies that were approved and Technology Governance.
evaluated by the Board of Commissioners. Some of the policies h. Update of Guidelines for Implementation of Information
that have been updated throughout 2024 included: Technology Innovation.
1. Enterprise Risk Management
738 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
i.Update of Guidelines for Implementation of Information 8. Determination of Limits for Liquidity Management of
Technology Planning and Management. PT Bank Rakyat Indonesia (Persero) Tbk.
j. Update of Guidelines for Implementation of Information 9. Determination of BRI Individual and Integrated RAS
Technology Development. Parameters and Limits and in each Subsidiary Company.
k. Update of Guidelines for Implementation of Information 10. Determination of BRI’s Risk Profile, Profitability and Capital
Technology Operation. Parameters.
l. Update of Guidelines for Implementation of Monitoring
and Evaluation of Information Technology. Adequacy of Risk Management Process and Risk
m. Update of Overseas Business Unit Management Policy. Management Information System
n. Update of Policy for Planning, Management and Synergy
of Digital & Information Technology. BRI’s Risk Management process is carried out completely
5. Legal Risks and is carried out on all material risk factors, namely those
a. Preparation of Policies for Handling Legal Problems and that significantly affect BRI’s financial condition. The Risk
Legal Protection. Management process is carried out with 4 (Four) pillars as follows:
6. Strategic Risk 1. Identification
a. Current Account Policy Update Risk identification is done by analyzing all risks and risk
b. Project Management Policy Update. characteristics found in each business activity including risks
c. Revision of RBB 2024-2026 and RKAP 2024. from other products and services. The risk identification
d. Product Management Policy Update. process will greatly determine the scope and scale of the
e. Update of Management Policy for Companies Receiving stages of risk measurement, monitoring and control. Risk
Equity Participation. identification is carried out in activities such as:
f. BRI Junio Savings Product Update. 1) Loan Risk
g. BRI Britama Savings Product Update. a. Loan provision.
h. Preparation of Model Risk Management Policy. b. Factoring.
7. Compliance Risk c. Treasury business in banking book and trading book,
a. Updates on the Implementation of Anti-Money including investment in securities, Foreign Exchange
Laundering (AML), Prevention of Terrorism Financing (Forex), derivative transactions and placement and
(PPT) and Prevention of Financing of Proliferation of borrowing transactions between banks.
Weapons Of Mass Destruction (PFWMD). d. International business including trade finance and
8. Reputational Risk correspondent banking.
a. Updating of Information Service Procedures and e. Settlement.
Handling of Customer Complaints. f. Overseas transactions or investments (Country
Risk).
As part of the measurement and control process, BRI has and 2) Market Risk
periodically reviews the determination of overall risk limits and Knowing the portfolio risk, both trading book and
functional risk limits for more specific business areas, for example banking book, which is influenced by the movement of
in the fields of loan, treasury and operations periodically. Some market variables and can affect the value that has the
limit policies that have been updated throughout 2024 include: potential to cause losses.
1. Determination of BRI Individual and Integrated RAS 3) Liquidity Risk
Parameters and Limits and in each Subsidiary Company. Banking products and activities that can affect the
2. Determination of BRI Risk Profile, Rentability and Capital sources and uses of funds, both in asset and liability
Parameters. positions and administrative accounts.
3. Determination of Sector Limits in Loan Portfolio Guidelines 4) Operational Risk
(LPG). a. Internal processes (policies, guidelines, systems and
4. Determination of Country Limits. procedures, and infrastructure and facilities).
5. Determination of Pre-Settlement Risk (Market Risk Conversion b. Human resources.
Factor) and Settlement Risk of Treasury Transactions. c. Information systems and technology.
6. Determination of Transaction Limits and Market Risk Limits d. External problems.
of Financial Asset Instruments related to Treasury Activities e. New Bank Product Risk (PBB), namely business
of PT Bank Rakyat Indonesia (Persero) Tbk Head Office. activities carried out by BRI in the form of organizing
7. Determination of Transaction Limits and Market Risk Limits products, services and/or services for the benefit of
of Financial Asset Instruments related to Treasury Activities customers.
of PT Bank Rakyat Indonesia (Persero) Tbk Overseas Business
Units.
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Corporate
Governance
BRI’s performance and financial condition to changes in risk
5) Legal Risks
factors and identify influences that impact the portfolio,
a. Lawsuits and claims from external and internal
including:
parties.
b. Absence of supporting laws and regulations. a. Loan and non- loan portfolios, to see the risk of default
c. Weakness of the agreement. (Loan Risk Stress test).
6) Strategic Risk b. Securities portfolio and foreign exchange position, to see
Identification is carried out on deviations due to the non- the risk due to changes in interest rates and exchange
realization or ineffective implementation of business rates (Market Risk Stress test).
strategies and business plans that have been set out in c. Liquid asset portfolio and liability profile, to see the risk
the business plan and corporate plan, especially those of liquidity (Liquidity Risk Stress test).
that have an impact on BRI’s capital. d. Other portfolios that can impact profit and loss or capital,
7) Compliance Risk for example potential losses from operational events on
a. Business activities, namely the type and complexity profit and loss.
of business, including Bank products.
b. Non-compliance, the amount (volume) and 3. Monitoring
materiality of non-compliance with internal policies Risk monitoring is carried out by evaluating the risk exposure
and procedures, applicable laws and regulations, contained in the entire product portfolio and business
healthy business practices and ethical standards. activities against compliance with the established internal
8) Reputational Risk limits and the effectiveness of the Risk Management process.
a. Disclosure aspect. Monitoring is carried out by the Risk Taking Unit and SKMR in
b. BRI’s level of sensitivity to customer complaints the Risk Supporting Unit sector. The monitoring results are
about business quality. presented in periodic reports submitted to Management in
c. Communication policy on negative news. order to mitigate risks and take necessary actions.
d. Negative behavior of workers or management.
9) Other Risks Monitoring and reporting of risks that are material or
BRI identifies the nature, type and complexity of business have an impact on capital conditions can be based on an
activities, including new products and activities. assessment of potential risks using historical trends, portfolio
comparisons in different periods (vintage analysis), and the
2. Measurement position of risk parameters against limits.
The risk measurement system is used to measure risk
exposure and as a reference in carrying out control. Risk 4. Control
measurement is carried out periodically for products, Risk control aims to manage certain risks that can endanger
portfolios and all business activities. The measurement BRI’s business continuity. The risk control process framework
approach and methodology can be quantitative, qualitative is based on the results of an evaluation of risk exposures
or a combination of both. The risk measurement approach found in the entire product portfolio and functional
and methodology measures the following: activities. Risk control procedures and methodologies are
a. Product/activity sensitivity to changes in influencing determined by considering the complexity of the business,
factors, both under normal and abnormal conditions. implementation conditions and capabilities of the internal
b. The tendency of changes in the factors in question Risk Management system and applicable provisions. Some
based on fluctuations that occurred in the past and their risk control processes at BRI include:
correlation. a. Determination of Risk Appetite
c. Individual risk factors. b. Determination of Risk Limit
d. Overall risk exposure or per risk by considering the c. Reserve for Losses
relationship between risks. d. Handling of Problematic Productive Assets
e. All risks inherent in all transactions and products e. Validation process of loan risk model periodically
including new products and can be integrated into the f. Control of interest rate risk in banking book
management information system. g. Control of risk in hedging
h. Determination of segregation of duty for each different
Stress testing is one of the methods used in risk function
measurement. BRI conducts stress testing with the aim of i. Control of risk in increasing quantity and quality of
estimating potential losses in abnormal and extreme market Human Resources (HR)
conditions, using certain scenarios to see the sensitivity of
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j.
Control of operational risk against external factors by Adequacy of Risk Control System
No Types of Risk
preparing action plan to ensure business continuity, Quarter IV 2024
including emergency contingency plan and adjusted to
the business continuity needed 6 Strategic 2 - Satisfactory
k. Periodic review of procedures, documentation, data
7 Compliance 2 - Satisfactory
processing system, contingency plan and other
operational practices. 8 Reputation 2 - Satisfactory
l. Having legal opinion from external legal consultant on Composite Predicate 2 - Satisfactory
legal issues if needed
m. Periodic review of contracts made with other parties
n. Determination of policy regarding documentation Overall, the assessment of the Quality of risk management
requirements and procedures for storing and protecting implementation by SKAI BRI is the same as the assessment of
important documents SKMR BRI. There is 1 (one) risk that gets a fair rating, namely
o. Establishment of financial control procedures and operational risk. This is because there are still weaknesses in
processes aimed at monitoring achievement compared internal control that need attention, namely the increase in the
to targets set according to the business plan nominal fraud loss YoY.
p. Periodic testing and review of the strategic risk
management system Risk Management System
q. Periodic evaluation of the implementation of good
corporate governance and preparation of follow-up Risk Management Principles
improvements
r. Reputational risk control that can be done through 2 The BRI Board of Directors established the BRI Risk Philosophy as
(two) things: the basis of BRI’s risk management implementation strategy for
1) Prevention of incidents that give rise to reputational risks, the development of a risk culture at all levels of the organization.
which is generally carried out through a series of activities as The risk philosophy would underlie activities in setting corporate
follows: objectives, implementing the bank’s business activities, and
a) Corporate Social Responsibility fulfilling stakeholder expectations. BRI’s Risk Philosophy
b) Regular communication/education to stakeholders in consisted of four components, as follows:
order to build a positive reputation from stakeholders 1. Integrity
2) Reputation recovery after an incident that creates In accordance with BRI’s Work Culture Values, with an emphasis
reputational risk on:
Strictly distinguished right from wrong and carried out activities
Adequacy of Internal Control that were believed to be true, in the interests of BRI and
customers..
In Quarter IV – 2024, BRI SKAI has conducted a review of the 2. Professional
adequacy of internal control for the implementation of risk In accordance with BRI’s Work Culture Values, with an emphasis
management based on audit results (both for Regulatory Audit, on:
Special Audit, Surprise Audit, Investigative Audit, Thematic Audit a. Carried out tasks in accordance with the specified
activities) until December 28, 2024 with the following results: authority and responsibility as well as the required level
of competence by prioritizing the interests of BRI.
b. Optimization of the risk-return relationship, i.e.
Adequacy of Risk Control System
No Types of Risk optimizing potential earnings at a given level of risk.
Quarter IV 2024 3. Precautionary Principle
Implemented prudent banking principles in supporting BRI’s
1 Credit 2 - Satisfactory
business by implementing sound business practices and
2 Market 2 - Satisfactory complying with applicable regulations.
4. Continuous Competency Improvement
3 Liquidity 2 - Satisfactory
a. Invested time and resources in developing practical
4 Operational 3 – Fair tools, systems, and training that supported effective risk
5 Legal 2 - Satisfactory management.
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b. Continuously improved capabilities and skills to build risk if there were changes in BRI’s business activities, products,
management capabilities by best practices. transactions, and risk factors that could affect BRI’s financial
condition.
The risk philosophy was the basis for management in developing 3. Risk Monitoring
risk management capabilities in a way: Risk monitoring activities were carried out by evaluating
1. Understood and proactively managed risk exposures, the risk exposure contained in the entire product portfolio
2. Optimized risk-return relationships consistent with business and business activities of BRI as well as the effectiveness
strategy, and of the risk management process. Monitoring and reporting
3. Established policies and ensured the implementation of good of material risks or that had an impact on BRI’s capital
corporate governance. conditions, among others, could be based on an assessment
of potential risks using historical trends.
Risk Management Process
Improvement of the risk reporting process was carried out
BRI’s risk management process was carried out in full which if there were changes in BRI’s business activities, products,
included the stages of identification, measurement, monitoring, transactions, risk factors, information technology, and risk
and control in accordance with applicable regulations. The risk management information systems that were material.
management process was carried out on all material risk factors,
namely quantitative and qualitative risk factors that significantly BRI prepared an effective backup system and procedures
affected BRI’s financial condition. Risk factors were various to prevent disruptions in the risk monitoring process and
parameters that affected risk exposure. conducted regular checks and reassessments of the backup
1. Risk Identification system. The results of risk monitoring could be used to
BRI identified risks by analyzing all types and characteristics improve the existing risk management process.
of risks contained in each of BRI’s business activities 4. Risk Control
which also included other products and services. The risk The risk control process was implemented by taking into
identification process determined the scope and scale of account BRI’s internal control system which was prepared
the risk measurement, monitoring, and control stages. under applicable regulations and aimed to manage certain
Risk identification was proactive, covering all BRI business risks that might jeopardize BRI’s business continuity. The risk
activities, and was carried out to analyze the sources and control process framework was based on an evaluation of the
likelihood of risk and its impact. The risk identification risk exposures contained in the entire product portfolio and
process was carried out by analyzing all sources of risk, which BRI’s functional activities.
was at least carried out on the risks of BRI’s products and
activities, and ensuring that the risks of new products and Risk control procedures and methodologies were determined
activities have gone through a proper risk management by the BRI Board of Directors by taking into account the
process before being introduced or carried out. complexity of the business, implementation conditions, and
2. Risk Measurement capabilities of the internal risk management system and
The risk measurement system was used to measure BRI’s risk applicable regulations..
exposure as a reference for control. Risk measurement had
to be carried out periodically for both products and portfolios Determination of priorities and ways of controlling risks
and all BRI business activities. The measurement approach had to consider mapping the inherent risks of BRI through
and methodology could be quantitative, qualitative, or a analysis of the magnitude of potential financial losses and
combination of both. the possibility of risk events as well as consideration of the
principles of benefits and costs.
The risk measurement system was evaluated and refined The main priority in mitigation was for risks that have a high
periodically or at any time if necessary to ensure the loss impact or high frequency of occurrence. Mitigation was
suitability of assumptions, accuracy, reasonableness, and in the form of improvement and implementation of risk
integrity of data, as well as procedures used to measure risk. control.
Improvements to the risk measurement system were made
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In addition to identifying, measuring, monitoring, and controlling, November 19, 2014 concerning the Implementation of Integrated
there were other supporting processes in the risk management Risk Management for Financial Conglomerates and Circular
process, such as: Letter of the Financial Services Authority No. 14/SEOJK.03/
1. Communication with the management and business unit 2015 dated May 25, 2015 concerning the Implementation of
of the company so that every individual in the company Integrated Risk Management for Financial Conglomerates. BRI
understands risk awareness, risk culture, and risk maturity. Financial Conglomerate was a financial service institution that
This communication process was carried out as an effort to was in a group or groups with BRI due to ownership and/or control
measure the readiness of the organization to cope with risks linkages. BRI as the holding company was the Main Entity of
and to evaluate the implementation of risk management. BRI Financial Conglomerate. BRI Financial Conglomerate had a
2. Consultation, to ensure adequate support for each risk structure consisting of BRI as the Main Entity and its subsidiaries
management activity and make each activity achievable and and/or related companies.
on target.
3. Monitoring and review (internal control system), which aims to The implementation of integrated Risk Management in risk
ensure that the implementation of risk management is under management at BRI included:
the plan and as a basis for making periodic improvements to
the risk management process. 1. Determination of Integrated Risk Limit
The Board of Directors of the Primary Entity was authorized
Risk Appetite Statement to set risk limits for the Financial Conglomerate in
accordance with the level of risk appetite, risk tolerance,
Risk Appetite/level of risk to be taken was the level and type and overall strategy of the BRI Financial Conglomerate. The
of risk that BRI was willing to take to achieve its goals. The determination of risk limits had to be in line with the business
determination of Risk Appetite was used as an objective guide in strategy, Risk Profile, BRI Financial Conglomerate’s capital
making strategic decisions related to risk management, as a tool ability to absorb risk exposure or losses incurred, past loss
for Management in implementing good business governance, experience, human resource capabilities, and applicable
and as a guide from Management to Business Unit regarding the regulatory requirements.
type and amount of risk that could be accepted and managed.
The preparation of limits was carried out by the Division in
The level of risk to be taken was reflected in the strategy and the BRI Integrated Risk Management Working Unit in charge
business objectives (Long Term Plan and Bank Business Plan) and by considering input from members of the BRI Financial
included all types of risks that were material in BRI’s business Conglomeration. The determination of risk limits included:
operations. The BRI Board of Directors sets the Risk Appetite a. overall limit (Integrated)
in the form of quantitative, qualitative, and zero-tolerance b. limit for each type of risk
statements related to BRI’s business goals and objectives. The c. limit of each member of the Financial Conglomerate
Risk Appetite was reviewed annually or at any time by taking into that has risk exposure
account changes in BRI’s business plans and objectives as well as The limits were reviewed periodically by the Division in
changes in the business environment. charge of the BRI Integrated Risk Management Working Unit
to adjust to changes in conditions that occur. The limits had
Integrated Risk Management to be understood by each related party in the BRI Financial
Conglomeration and communicated properly, including if
In order to measure risk more thoroughly, BRI had implemented changes occured.
integrated risk management in accordance with the Financial
Services Authority Regulation No. 17/POJK.03/2014 dated
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The types of risks managed in Integrated Risk Management included:
Credit Risk Legal Risks
Market Risk Strategic Risk
Operational Risk Compliance Risk
Liquidity Risk Reputational Risk
Intragroup Transaction Risk Insurance Risk
2. Provision of Integrated Minimum Capital Implementation of Basel
BRI as the Main Entity had a Subsidiary Company in the form
of a Financial Services Institution (LJK) thus forming the BRI The Company had implemented several Basel Pillars in the
Financial Conglomerate, that in order to create a financial implementation of Risk Management, among others:
sector that grew sustainably and stably and had high 1. Internal Capital Adequacy Assessment Process (ICAAP)
competitiveness, the BRI Financial Conglomerate needed to In accordance with OJK Regulation No. 27/POJK.03/2022
have adequate capital adequacy. concerning the Minimum Capital Adequacy Requirements
of Commercial Banks, BRI had ensured that BRI’s capital
Capital was a source of financial support in the had fulfilled the capital adequacy minimum requirements
implementation of BRI Financial Conglomerate activities according to risk profile, and established additional capital
as a whole, a cushion to absorb unexpected losses, and a as a buffer, which includes Capital Conversation Buffer,
safety net in crisis conditions. Adequate capital adequacy Countercyclical Buffer, and Capital Surcharge for Systemic
could increase stakeholder confidence, thus supporting the Banks, in addition, BRI has met the minimum Leverage Ratio
condition and stability of the BRI Financial Conglomerate. requirements that have been reported to the regulator
BRI always ensured that the Financial Conglomerate had quarterly.
met the minimum Integrated Capital Adequacy Requirement
(CAR) of 100%. 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.
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2024 Annual Report
2. Loan
Calculation of Risk-Weighted Assets for Loan Risk has
Risk Profile and Management
used the Standard Approach method with reference to SE
There are 10 (ten) Risks managed by BRI, namely:
OJK No. 24/SEOJK.03/2021. In addition, in 2024, BRI has
implemented capital calculations for bank exposure to
Credit Risk
Central Counterparty Institutions with reference to SE OJK
Loan Risk Management aims to identify, measure, monitor and
No. 16/SEOJK.03/2023.
control loan risks inherent in business activities so as to minimize
potential losses for BRI. In order to maintain a healthy loan
3. Operational
portfolio, BRI’s loan risk management is carried out with the
The calculation of minimum capital for operational risk is
following principles:
carried out using the Basic Indicator Approach in accordance
1. Separation of field loan officers
with Financial Services Authority Circular Letter No. 24/
In the loan granting process, there are 2 (two) functions
SEOJK.03/2016 concerning the Calculation of Risk Weighted
involved, namely:
Assets for Operational Risk using the Basic Indicator
a. Relationship Management (RM) is a function that
Approach. However, starting from 2023, the calculation of
carries out business activities such as: loan marketing,
Risk-Weighted Assets for Operational Risk had to use the
savings products, services and cross-selling, establishing
Standardized Approach based on Financial Services Authority
relationships with debtors/potential debtors, and
Circular Letter No. 6/SEOJK.03/2020.
implementing efforts to return performing loans.
b. Credit Risk Management (CRM) is a function that carries
4. Markets and Liquidity
out loan risk control and assessment, loan portfolio
a. Calculation of minimum capital for market risk using the management and management of problematic loan.
Standardized Model in accordance with OJK Regulation 2. Application of the Four Eyes Principle
No. 38/SEOJK.03/2016 concerning Guidelines for the Four Eyes Principle adalah suatu prinsip dalam pelaksanaan
Use of Standard Methods in calculating the Minimum kewenangan memutus kredit yang harus dilakukan bersama-
Capital Adequacy Requirements of Commercial Banks sama oleh minimal 2 (dua) pejabat kredit lini, yang salah satu
by Taking into Account Market Risk. However, starting atau keduanya mempunyai kewenangan yang cukup. The
from 2024, the calculation of Risk Weighted Assets for Four Eyes Principle is a principle in the implementation of
Market Risk had to use the Standardized Approach based the authority to decide on loan which must be carried out
on Financial Services Authority Circular Letter No. 23/ jointly by at least 2 (two) loan line officers, one or both of
SEOJK.03/2022. whom have sufficient authority.
b. Measurement of the Bank’s Liquidity resilience using 3. Implementation of Internal Risk Rating System
the Basel III Approach: Liquidity Coverage Ratio & Net Every business should implement a standard risk assessment.
Stable Funding Ratio, under OJK Regulation No. 42/ The standard risk score provides the basis for calculating the
POJK.03/2015 regarding the Obligation to Fulfill the cost of risk and for portfolio planning and management.
Liquidity Coverage Ratio for Commercial Banks and 4. Separation of Problematic Loan Management (KL, D and M)
OJK Regulation No. 50/POJK.03/2017 regarding the Loan that has been included in the category of problematic
Obligation to Fulfill the Net Stable Funding Ratio for loan, its management must be transferred from the
Commercial Banks. As an addition to the Basel pillar Relationship Management (RM) ranks to the Credit Risk
in measuring liquidity resilience, starting from 2023 Management (CRM) ranks or officers in the RM ranks who are
the implementation of the Internal Liquidity Adequacy appointed to handle problematic loan. In the case that the
Assessment Process (ILAAP) will be carried out. CRM ranks have received the delegation of management of
c. Measurement of Interest Rate Risk in the Banking problematic loan, then the responsibility for managing the
Book (IRRBB) is under OJK Circular Letter Number loan is entirely the responsibility of the CRM ranks.
12/SEOJK.03/2018 on the Implementation of Risk
Management and Risk Measurement Standardized In addition to these principles, BRI carries out risk management
Approach for Interest Rate Risk in the Banking Book. support activities by periodically carrying out the following:
1. Development, improvement and update of Loan Risk Rating
and Loan Risk Scoring as tools/parameters in measuring loan
risk by predicting the level of possibility of default by debtors.
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2. Enhancement and update of Early Warning System as a signal In line with the digital transformation implemented by BRI,
of early symptoms/signs that are estimated to influence/ a Digital Risk Division was formed which has the main task of
cause the possibility of default by debtors in fulfilling their ensuring digital risk management at BRI. In addition, to improve
obligations. fraud prevention efforts and increase recovery, BRI also formed a
3. Update Loan Portfolio Guidelines (LPG) as a tool and Fraud Management and Recovery Desk which has the main task
validation of pipeline models, each of which aims to ensure of controlling fraud and recovery at the Bank-wide level.
that BRI’s loan allocation is channeled to customer groups
that have risk and growth potential in accordance with BRI’s The operational risk management process, from identification,
business conditions and plans, and remains based on healthy measurement, treatment to monitoring and reporting is carried
and profitable loan principles. out by all Business Units, both first line, second line, and third
4. Loan stress test as a tool to evaluate bank resilience in facing line models. The operational risk management process will be
economic downturns. strengthened by the use of technology-based tools that can
5. Determination and review of loan risk management policies, be used together by the three lines model for collaboration in
including governance, management of loan decision managing Bank-wide operational risk.
limits, determination of acceptable risk exposure limits,
management of limits based on geography and management The preparation and updating of RCSA, recording and
of concentration limits per industry/sector, and restrictions documentation of losses or incidents, as well as the preparation
on expansion for marketers with NPLs above the limit. and monitoring of key risk indicators in a disciplined and
6. Development of an information system in the form of a Credit systematic manner can facilitate the prediction of potential
Risk Analysis System (CRAS) Monitoring Dashboard as a tool risks in the future so that they can be mitigated early. Currently,
for monitoring credit quality (LAR, SML, NPL), industrial operational risk management policies and tools are being
sector, recovery and other analysis in business segments to developed with an integrated system and using data analytics to
the business unit level, to assist the loan risk management improve the capability of implementing predictive and preventive
process in a portfolio so that it can be used as a supporter in operational risk management.
strategic decision making.
7. Update the loan risk reserve (CKPN) calculation model Adequacy and competence of human resources and internalization
according to the financial accounting standard PSAK 71 of risk culture are the reinforcements of operational risk
periodically. management implementation. Currently, special competencies
in the field of risk management are being developed and Risk
Operational Risk Culture is being implemented to achieve company goals through
Operational risk management is a risk resulting from inadequate Risk Culture/Culture Activation Program (CAP) programs carried
and/or non-functioning internal processes, human error, system out by workers in all operational business units. Furthermore, the
failure, and external events that affect the Bank’s operations. To implementation of operational risk management is ensured to be
realize the aspirations and commitments of risk management, BRI correct and is reviewed periodically by the Internal Audit Unit as
complements its business operations with organizational design, an independent party authorized to carry out assurance.
people, culture, and data & technology that facilitate operational
risk management at every level of the company, including Market Risk
identification, measurement, monitoring and control activities. Market risk measurement at BRI is carried out periodically (daily,
The operational risk management process is increasingly effective weekly, monthly and quarterly) including by:
with the existence of quality operational risk management tools, 1. Calculating market risk using the standardized measurement
in the form of Risk and Control Self Assessment (RCSA), Key Risk method approach and internal model measurement (VaR).
Indicator (KRI), Incident Management/Loss Event Database, and 2. Simulating NII on changes in market interest rates and
Risk Management Forum, maturity, and supported by the Internal benchmark rates as well as repricing gaps on assets and
Audit Unit as assurance. In addition, the Risk Appetite Statement liabilities.
(RAS) is reduced to operational risk parameter limits and KPIs for 3. Implementing an integrated system for treasury and market
each Business Unit at the Head Office to the Branch Office. risk, which is used by front office, middle office and back
office functions.
In order to strengthen the function of the Operational Risk
Management Unit (second line model) in the Region, BRI has In market risk management, BRI regularly organized Risk
formed a Regional Risk Management Team organization based Management Committee forums that discussed market risk
in the Regional Office up to the BRI Unit with the main task of profiles, market risk issues both internal and external, and market
ensuring the implementation of operational risk management risk stress testing. In addition, BRI also conducted ALCO meetings
in the Business Unit through briefing, coaching, and verification which were held every month to discuss the condition of assets
activities for the implementation of internal control. and liabilities, including maturity profile, interest rate risk, NII
simulation, and PDN management.
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The market risk management function was divided into three BRI also conducted a liquidity risk stress testing simulation to
functions consisting of front office (Treasury Business Division), measure resilience or the ability to meet liquidity and capital
middle office (Market, Portfolio &Enterprise Risk Division), needs during a crisis. This stress testing is also used as a reference
and back office (Payment Operation Division). The front office for preparing an emergency funding plan (contingency plan) as
monitored market price movements and conducted Treasury well as determining and monitoring liquidity risk limits.
activities, adjusting the portfolio under the direction of market
movements, the middle office set and monitored market risk To comply with the implementation of Basel III, BRI monitors
limits, and transaction limits and periodically ensured market two main liquidity ratios, namely the Liquidity Coverage Ratio
data (market price) used for mark-to-market (MTM), while the (LCR) and the Net Stable Funding Ratio (NSFR). The results of
back office conducted settlement and daily and set MTM at the monitoring both ratios indicate that BRI’s position is above the
end of the day. The implementation of delegation of authority minimum ratio limit set by Basel III.
was realized through the determination of transaction limits in
stages under the competence and experience of workers. Strategic Risk
BRI’s strategic risk evaluation is carried out by the Board of
Market risk policies, procedures, and limits had been prepared Directors periodically through forums that discuss strategic risk
and were contained in the Treasury Implementation Guidelines strategies and policies, including the Business Performance
as well as the Market Risk Management Circular Letter and the Review forum, ALCO, Risk Management Committee, and Board of
Provisions for Determining Limits on Transactions and Financial Directors Meetings used to align BRI’s strategy. Formulation and
Instrument Market Risk Limits related to BRI’s Treasury activities. monitoring of strategy implementation include the Long-Term
The limits listed in the policy included open position limits for Plan (corporate plan), Bank Business Plan (RBB), and Company
trading, dealer transaction limits, cut loss and stop loss limits, Work Plan & Budget (RKAP).
uncommitted financing line limits, counterparty limits, and value
at risk (VaR) limits. The Bank Business Plan and Company Budget Work Plan were
reviewed annually based on changes in the business environment
BRI also conducted market risk stress testing simulations aimed and company plans. Meanwhile, the Long-Term Plan served
at measuring the potential risk in the portfolio under stress as a guideline for planning every year and could be reviewed if
conditions. In stress testing, shocks could come from exchange there were significant changes in the business environment and
rates and interest rates that had an impact on market risk resources.
exposures which included Net Open Position (NOP), Fair Value
through Other Comprehensive Income (FVTOCI) and Fair Value To mitigate strategic risk, BRI had implemented regular
through Profit or Loss (FVTPL) categories. monitoring tools through parameters reflected in the strategic
risk profile. Strategic risk measurement, among others, was
Liquidity Risk carried out by analyzing exposures and comparing risk exposures
To support liquidity management, BRI established liquidity risk with established limits, including loan expansion, third-party
management policies in the Liquidity Risk Management Circular funds, Operating Expenses Operating Income, and fee-based
which included: income. The preparation and implementation of follow-up
1. Liquidity Risk Management Governance on strategic risk exposures were documented in the Risk
2. Liquidity Management Limit Management Committee Meeting.
3. Liquidity Coverage Ratio (LCR)
4. Net Stable Funding Ratio (NSFR) Compliance Risk
5. Early Warning Indicators (EWI) Banking was a highly regulated industry, so BRI always monitored
6. Contingency Funding Plan (CFP) compliance with the provisions issued by the Regulator and other
authorized agencies. Regulatory sanctions for violations of these
This policy aimed to ensure adequate liquidity risk management, provisions varied from reprimands, fines/penalties, to license
including the adequacy of daily funds in meeting obligations in revocation. Compliance risk management was carried out in all
normal conditions and crisis conditions on time from various BRI activities under applicable regulations.
available sources of funds, including ensuring the availability of
high-quality liquid assets. The funding strategy was prioritized
from the collection of Third-Party Funds (DPK) which had a
healthy and sustainable structure.
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Furthermore, BRI also applies the Risk Based Approach Legal Risks
methodology which is summarized in the policies and SOPs Legal risk management was carried out with the aim of
(standard operational procedures) related to AML and PPT which increasing awareness of potential legal risks in every operational
are managed by the Compliance Division as a special business and business activity of BRI so that preventive action could be
unit to protect BRI from the targets of money laundering and taken as early as possible, helping to solve legal problems,
terrorism. Monitoring of suspicious transactions is carried and minimizing potential losses due to legal risks. In order to
out by the Compliance Division through the AML (Anti Money minimize the potential for legal risk events, periodic socialization
Laundering) system. In addition, as part of the implementation of of applicable legal aspects was carried out to increase the
compliance risk management, BRI also carries out Enhanced Due awareness of employees and operational Business Unit of the
Diligence (EDD) as a more in-depth process than Customer Due legal consequences contained in every activity carried out.
Diligence (CDD), previously known as Know Your Customer (KYC).
The implementation of risk management tools such as RCSA,
The implementation of risk management tools such as RCSA, KRI MI and KRI are also used to support the implementation of the
and MI is also used to support BRI’s compliance risk management legal risk management process in identifying, observing and
through identification and monitoring of sanctions due to violations monitoring claims/lawsuits against BRI so that legal risk control
of regulatory rules so that compliance risk control measures can be measures can be taken as early as possible. The Legal business
implemented. These tools are monitored by the Operational Risk unit and its staff are business units that function as legal watch
Division unit corporately, and the Regional Risk Management Team supervisors to provide legal analysis/studies and legal advice to
to monitor compliance risks at the level of the supervised business all workers at every level of the organization as well as providing
unit area, as well as the risk management function at the level of the assistance in handling legal cases to minimize losses that can be
branch office and its supervised business units. experienced by BRI.
In addition, both the Operational Risk Division unit at the Head Intragroup Risk
Office and the Regional Risk Management & Compliance are Intragroup Transaction Risk was the risk due to the dependence
involved in compliance for critical matters or matters required of an entity either directly or indirectly on other entities in a
by regulations such as planning, opening, and reporting new Financial Conglomeration to fulfill the obligations of written
business units. or unwritten agreements followed by the transfer of funds
and/or not followed by the transfer of funds. Intragroup Risk
Reputational Risk Management in BRI were as follows:
The reputation risk control function is carried out by the Corporate 1. Intragroup Risk identification was carried out quantitatively
Secretary Division business unit as BRI’s public relations. Steps and qualitatively for exposures that had a significant effect
taken by BRI in reputation risk management include consistent on the condition of the BRI Financial Conglomerate.
communication, maintaining openness of information and 2. The Board of Directors of BRI established an Integrated Risk
transparency to all stakeholders, and establishing harmonious Management Committee and had held an Integrated RMC
relationships with the media in terms of maintaining BRI’s Forum which was held regularly to discuss Intragroup Risk,
corporate name. This is done in order to minimize and handle Intragroup Risk Policy, and Risk Monitoring and Control of
negative news that can arise from stakeholder complaints or Subsidiary Companies in the BRI Financial Conglomeration
complaints that can affect BRI’s reputation. to discuss Intragroup Risk, Risk Issues and follow-up plans.
3. The Board of Commissioners of the Primary Entity is
Although BRI’s current reputation is very good, reputation risk responsible for the effectiveness of the implementation of
management related to negative publications related to all Integrated Risk Management and was responsible for:
aspects of BRI’s business and operational activities must still a. Directed, approved, and evaluated the Integrated Risk
be implemented in accordance with applicable provisions and Management policy.
procedures. BRI immediately follows up and resolves customer b. Evaluated and provided direction for improvement on
complaints and lawsuits that can increase reputation risk the implementation of the Integrated Risk Management
exposure. In addition, mitigation of reputation risk and events Policy regularly.
that cause reputation risk is carried out by considering the 4. The Integrated Risk Management Unit had held forums with
principles of materiality of problems and costs. Subsidiaries regularly to discuss the Intragroup Risk Profile.
In order to control greater reputational risk in the future,
preventive and recovery actions for reputational risk that have
been taken are followed by improvements to weaknesses in
control and procedures that trigger (root cause) the occurrence
of reputational risk.
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BRI had regulated the Implementation of Integrated Risk 1. Risk Management Certification and Refreshment
Management and intragroup risk limits including: Risk Management Certification Education was attended by
1. Integrated Risk Management Policy of PT Bank Rakyat the Board of Commissioners, Directors, and BRI employees
Indonesia (Persero) Tbk. with the corporate title Senior Manager and above. For
2. Establishment of intragroup risk parameters & limits for those who had received Risk Management Certification,
financial conglomerates. BRI continued to carry out education with a refreshment
3. Integrated Risk Management Committee. program so that those concerned continued to get the latest
information on risk management.
Insurance Risks 2. E-learning method
It was a risk due to the failure of the insurance company to fulfill Risk management education was also carried out through
its obligations to policyholders as a result of the inadequacy of interactive learning methods through e- learning. E-learning
the risk selection process (underwriting), premium determination was intended for all BRI employees as a medium for
(pricing), use of reinsurance, and/or handling of claims. Insurance selfeducation to understand the philosophy and application
Risk Management at BRI was as follows: of risk management.
1. Identification of Integrated Insurance Risks carried out 3. Socialization
by the Integrated Risk Management Working Unit, both Regular socialization was carried out by the risk management
quantitative and qualitative, which had a significant effect Business Unit to all BRI employees throughout Indonesia.
on the condition of the BRI Financial Conglomeration for Socialization was mainly carried out regarding the risk
Subsidiaries engaged in Insurance. management tools used in BRI.
2. BRI’s Board of Directors established an Integrated Risk 4. Education
Management Committee and had held an Integrated RMC Education for BRI employees through seminars and training
Forum to discuss Insurance Risk and Insurance Risk policies organized by external and internal parties.
within BRI Financial Conglomeration. 5. Webinar Risk Upgrade Series
3. The Board of Commissioners of the Main Entity is responsible The Risk Upgrade Series webinar was held regularly once
for the effectiveness of the implementation of Integrated a week (weekly) which aimed to increase knowledge and
Risk Management and was responsible for: understanding of the risk management process in certain
a. Directed, approved, and evaluated the Integrated Risk activities and business processes. The theme, speakers and
Management policy. participants of the Risk Upgrade Series Webinar were tailored
b. Evaluated and provided direction for improvement on to the needs and issues that were of concern to both the
the implementation of the Integrated Risk Management product owner, policy-making Business Unit, and SKMR.
Policy regularly.
4. The Integrated Risk Management Unit had held forums with Top Emerging Risk
Subsidiaries regularly to discuss the Insurance Risk Profile.
5. Risk Monitoring and Control through the Subsidiary Company With its position as one of the largest banking entities in Indonesia,
Risk Profile Discussion Forum which was held regularly to BRI is required to grow and develop with maintained asset quality,
discuss Risk Issue of Insurance Risk and its follow-up plan. and be able to provide safe and comfortable banking services for
the community. From the external side, the rapid development of
Some policies had regulated the implementation of Integrated digital technology during the pandemic has been proven to have
Risk Management and insurance risk limits including: influenced people’s behavior, including in using banking services.
1. Integrated Risk Management Policy of PT Bank Rakyat Customer perceptions and expectations have shifted from being
Indonesia (Persero) Tbk. more oriented towards convenience to increasingly considering
2. Determination of financial conglomerate insurance risk the security aspect in transactions.
parameters & limits.
3. Integrated Risk Management Committee. The complexity of business and external dynamics have
implications for increasing risk exposure faced by companies.
Implementation of Risk Management Some of the challenges and risks in 2024-2026 include:
Education 1. Global macroeconomic and geopolitical uncertainty
(Palestine-Israel) where the post-pandemic economic
To implement quality risk management, it was necessary to conditions have not fully recovered,
fulfill human resources who were competent in their duties. To 2. Political risk, 2024 is an election year so that a change in
obtain reliable human resources in the field of risk management government has the potential to increase uncertainty about
as well as to fulfill regulatory requirements regarding the the sustainability of provisions related to the government
implementation of risk management for commercial banks, BRI and financial regulators;
conducted risk management education, among others:
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3. Cyber security, threats to cyber security are increasing and 5. Climate Change Risk, climate change, including due to global
sophisticated; warming, carbon taxation, changes in consumer behavior, and
4. Technological developments such as Artificial intelligence, others can cause physical risk or transition risk which directly
Blockchain and Digital currency that can disrupt existing or indirectly impact BRI’s growth, quality and profitability
business models;
Risk Assessment
Risk management is implemented across all banking activities by adhering to the standard management regulations set by the regulatory
authorities. Based on the risk profile assessment for the fourth quarter of 2024, BRI’s risk profile rating was at the Low to Moderate level.
In addition to individual risk assessments, BRI, as a Financial Conglomerate, also conducts an integrated risk assessment. The results of
the integrated risk profile assessment for the first semester of 2024 indicate that the risk profile rating of BRI’s Financial Conglomerate
remains at the Low to Moderate level.This self-assessment outcome demonstrates BRI’s ability to maintain effective risk management in
line with the growth of its business and the increasing competition within Indonesia’s banking industry.
Individual Risk Profile
Compositely, BRI’s Risk Profile for Quarter IV - 2024 received a Low to Moderate rating. Of the 8 (eight) types of risks that were self-
assessed, those that received a Low to Moderate risk rating include: loan, market, liquidity, legal, strategic, compliance, and reputation
risks. The one that received a Moderate rating was operational risk.
Quarter IV 2024
No Risk Type Risk Management
Inherent
Implementation Quality Risk Rating
Risk Rating
Rating
1 Credit Low to Moderate Satisfactory Low to Moderate
2 Market Low to Moderate Satisfactory Low to Moderate
3 Liquidity Moderate Satisfactory Low to Moderate
4 Operational Moderate Fair Moderate
5 Legal Low to Moderate Satisfactory Low to Moderate
6 Strategic Moderate Satisfactory Low to Moderate
7 Compliance Low to Moderate Satisfactory Low to Moderate
8 Reputation Low to Moderate Satisfactory Low to Moderate
Composite Rating Low to Moderate Satisfactory Low to Moderate (Rating 2)
Note :
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
The results of BRI’s Consolidated Risk Profile assessment for the fourth quarter of 2024 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.
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Forth Quarter of 2024
No Risk Types Inherent Quality of Risk Management
Risk Rating
Risk Rating Implementation Rating
1 Loan Low to Moderate Satisfactory Low to Moderate
2 Market Low to Moderate Satisfactory Low to Moderate
3 Liquidity Moderate Satisfactory Low to Moderate
4 Operational Moderate Fair Moderate
5 Law Low to Moderate Satisfactory Low to Moderate
6 Strategic Moderate Satisfactory Low to Moderate
7 Compliance Low to Moderate Satisfactory Low to Moderate
8 Reputation Low to Moderate Satisfactory Low to Moderate
Composite Rating Low to Moderate Satisfactory Low to Moderate (Rating 2)
Description:
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
Integrated Risk Profile
The results of BRI’s Integrated Risk Profile assessment for the second semester of 2024 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.
Second Semester of 2024
No Risk Types Inherent Quality of Risk Management
Risk Ratings
Risk Ratings ImplementationRatings
1 Loan Low to Moderate Satisfactory Low to Moderate
2 Market Low to Moderate Satisfactory Low to Moderate
3 Liquidity Moderate Satisfactory Low to Moderate
4 Operational Moderate Fair Moderate
5 Law Low to Moderate Satisfactory Low to Moderate
6 Strategic Moderate Satisfactory Low to Moderate
7 Compliance Low to Moderate Satisfactory Low to Moderate
8 Reputation Low to Moderate Satisfactory Low to Moderate
9 Intragroup-transaction Low to Moderate Satisfactory Low to Moderate
10 Insurance Moderate Satisfactory Low to Moderate
Composite Rating Low to Moderate Satisfactory Low to Moderate
Description:
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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Evaluation of the Effectiveness of the Risk developing parameters and analytical data for the Credit Risk
Management System Analysis System (CRAS) Monitoring Dashboard, implementing
delegation of credit authority based on historical data, and
Since the establishment of the Risk Management Directorate developing problem loan management tools.
in 2017, periodically testing the effectiveness of the risk 3. Strengthening prevention and supervision of operational risks
management system through risk management reviews was through strengthening internal control irregular activities,
conducted by a separate unit with the Risk Management compiling a risk control library, developing key risk indicators
Business Unit and external parties to maintain objectivity and dashboards and risk profile dashboards, developing a more
independence of the assessment of the effectiveness of the accurate fraud detection system, implementing a globally
risk management system. The results of the 2024 evaluation standardized data privacy assessment, and continuing the
of BRI’s Risk Management maturity level indicated a Manage- implementation of ICOFR.
Strong Practice level, meaning that the risk management 4. Market risk management through the development of
activities comply with applicable regulatory requirements The risk management for business and support segments,
implementation of risk management has been standardized in implementing a market risk ATMR calculation system and
each institutional unit and risk management has become part of rejuvenating the IRRBB (Interest Rate on Banking Book), LCR,
the process, culture and structure of risk management. and NSFR systems.
5. Risk awareness culture improvement program for all
Risk Management Strategy for 2025 BRILiaN personnel, aimed at improving risk-based mindset,
consistent risk awareness behavior, knowledge of data leaks,
In line with this, in the next three years (2025-2027) the risk cybersecurity and external fraud, collaboration with clear
management strategy will focus on improving credit quality, accountability, good governance practices, and effective
developing more granular credit scoring, developing and communication strategies, supported by top management,
enhancing Credit EWS, improving operational Risk Management talent and implementation of adequate technology controls.
and fraud management, strengthening BRI’s risk capabilities
and culture, and strengthening Digital Risk Management. Statement of the Board of Directors and/or
Improvements in the 5 (five) aspects are attempted through the Board of Commissioners or Audit Committee
following strategic steps: on the Adequacy of the Risk Management
1. Credit quality improvement carried out through the System
development of an early warning system for all BRI Business
segments as well as the development and review of more Based on the results of the review and based on discussions with
granular Credit Risk Rating and Scoring. Management, the Risk Management Monitoring Committee, the
2. Forward-looking loan risk management carried out through Audit Committee, the Independent Auditor, the Internal Auditor,
optimizing the use of regional-based loan risk rating and loan and several Related Divisions, the Board of Directors and the
risk scoring, monitoring portfolio risk analysis, stress testing, Board of Commissioners assessed that in 2024 the company’s
reviewing loan portfolio guideline predictive risk models, risk management was adequate in identifying risks so that the
Company could identify and manage these risks.
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Compliance Function
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.
SUMMARY OF COMPLIANCE DIRECTORATE PERFORMANCE
The Compliance Directorate has a Compliance Business Key Performance Indicator of the Compliance Directorate
Unit that is accountable for executing the Compliance To support BRI’s aspirations for 2024, the Compliance
Function in the Company as per OJK regulations Number Directorate has established Key Performance Indicators
46/ POJK.03/2017 dated July 12, 2017. The regulations (KPIs) with the following achievements:
specifythat the Compliance Function of Commercial Banks 1. Achievement of the Compliance Risk Profile score at a
shouldinclude, at minimum: Low to Moderate rating.
1. Realize the implementation of a Compliance Culture. 2. Achievement of a Legal Risk Profile score at Low rank.
2. Manage Compliance Risk. 3. The ESG Rating assessment from S&P Global in 2024,
3. Ensuring policies, provisions, systems, and procedures with a score of 75, placed BRI as a Sustainability
are by applicable regulatory requirements. Yearbook Member.
4. Ensuring BRI comply with commitments made togulators. 4. The Corporate Governance Perception Index (CGPI) 2023
assessment ranked BRI in the “Most Trusted Company”
The Compliance Directorate is responsible for ensuring that category with a score of 95.31.
the Company follows all relevant regulatory provisions. This 5. Self Assessment Good Corporate Governance composite
includes providing legal advice, managing and harmonizing rating 2 (good).
Company policies and procedures, handling legal cases, 6. The Integrated Governance Self-Assessment received a
and implementing Environmental, Social, and Governance Composite Rating of 2 (Good).
aspects in the Company’s operational and business activities
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7. Legal cases that In Kracht has won have reached 98.92% Some improvement initiatives that have been carried out
8. The number of audit findings due to misunderstanding include:
of Policies and Procedures decreased by 94% from the a. Refinement of AML & CFT Risk Assessment with a
previous year riskbased approach (RBA)
b. Refinement of the AML CFT Program Implementation
Compliance Directorate Work Program Policy to conform to Financial Services Authority
In addition, to support the achievement of the KPIs above, Regulation Number 8 of 2023 concerning
the Compliance Directorate has several work programs, Implementation of Anti-Money Laundering (AML),
namely as follows: Counter Financing Terrorism (CFT) and Prevention
1. Standardization of Compliance Aspect Process of Funding for the Proliferation of Mass Destruction
BRI standardizes processes related to managing (AML Proliferation) Programs in Financial Services
compliance and governance aspects through ISO Institutions.
9001:2015 certification concerning Quality Management c. Optimizing the implementation of the AML CFT
Standards and ISO 37301:2021 concerning Compliance program in Regional Offices and Branch Offices by
Management Systems in the Compliance Division, as increasing the role of Regional Risk Management &
well as ISO 37001:2016 certification concerning Anti- Compliance and Branch Risk & Compliance.
Bribery Management Systems for the scope of Goods 6. Harmonization of Policies and Procedures through
Procurement and Services at BRI Head Office unification, codification, simplification, or other forms
2. Increased Awareness in order to overcome overlapping and/or conflicts of
The Compliance Directorate increases employee interest/ authority in Policies and Procedures.
awareness of the implementation of compliance culture, 7. Formulation of Business Process Management
AML CFT programs, legal knowledge, as well as policies Business Process Management, which consists of Business
and procedures, including through: Process Architecture and Business Process Models, is
a. Harmonization, preparation and/or review of expected to serve as a comprehensive standard for business
internal regulations including provisions related to process design. It also functions as a tool for assessing
the areas of compliance, governance, ESG and law effectiveness and efficiency, enabling optimization,
b. Update BRI workers’ knowledge with external including improvements to business processes.
sources who are experts in their fields, through 8. Policy & Procedure Excellence to ensure that the
workshops, garden discussions, and so on. Company’s Policies and Procedures are adequate so as
c. Dissemination of communication materials in order to minimize potential risks in the future and increase the
to increase employee understanding both through effectiveness and efficiency of business processes.
digital and physical media 9. Continuous enhancement of the BRIPEDIA platform for
3. Updating and improving BRI’s Governance Structure Policy and Procedure management to promote employee
which includes the General Corporate Governance Policy literacy and accessibility to Policies and Procedures.
and the General Policy on Integrated Governance of the 10. Provision of Legal Services
Corporate Financial Conglomerate. In order to provide legal services, the Compliance
4. Implementation of measurements of the maturity/ Directorate through the Legal Division does the
maturity level of Governance and Compliance individually following:
and in an integrated manner a. Review of legislation and/or internal/external
5. Strengthening Anti-Money Laundering (AML) Programs, conditions that have legal implications for BRI,
Counter Financing of Terrorism (CFT), and Prevention including improving strategies for handling legal
of Funding for the Proliferation of Weapons of Mass issues both inside and outside judicial institutions
Destruction (WMA Proliferation) and resolving other disputes.
b. Handling of civil legal matters through judicial
With national, regional and global dynamics as well as institutions at all levels, as well as other dispute
the increasing complexity of financial products, activities resolution bodies. Legal assistance for criminal
and services including marketing (multichannel cases processed by law enforcement agencies.
marketing) and information technology, this has c. Optimization of recovery potential from legal case
resulted in an increase in the risks of AML, CFT and WMA handling through the formulation of asset transfer
Proliferation faced by the Company. In response to these policies, resolution of non-performing loans via
conditions and in accordance with applicable laws and simple lawsuits, management of PKPU/Bankruptcy
regulations, the Company implemented the AML, CFT cases, and safeguarding civil cases that could result
and WMA Proliferation programs adequately. in significant financial losses for BRI.
754 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
d. Providing legal advice in the form of legal iv. Committed to the Science Based Target
consultations, legal opinions, and legal information Initiatives (SBTi) to set a Net Zero Emission
as well as legal services to the Board of target in 2050
Commissioners, Directors and Employees as well as b. Carrying out social initiatives through:
all BRI Business Unit i. Demonstrating commitment to increasing
e. Assistance in implementing BRI Corporate Projects. Financial Inclusion and Financial Literacy
f. Reengineering the implementation of legal training, ii. Publish Human Rights (HAM) policies
counseling, and education for BRI business units iii. Carrying out the Corporate Social and
using a risk profile-based approach and legal needs Environmental Responsibility (TJSL) program
assessment. This is carried out through the DISKRESI c. Joining the United Nations Global Compact (UNGC),
concept (Discussion on Legal Aspects of Credit, shows BRI’s commitment to sustainability and
Operations, and Current Legal Issues). contribution to achieving Sustainable Development
g. Legal Risk Management, including the Goals (SDGs).
implementation of data governance and legal case d. The three forms of implementing ESG initiatives
reporting. above are supported by the pillars of culture &
h. Management of legal document administration communication, through the form of internalizing
related to company operations and legal libraries, the Sustainability Culture Program (SCP), publishing
including the processing of BRI’s operational permits a Sustainability Report, Task-Force Report on
(Articles of Association, Deed of Establishment, ClimateRelated Financial Disclosures (TCFD),
Intellectual Property Rights (IPR), Company preparing a Sustainable Financial Action Plan 2024-
Registration Certificate, Domicile Certificate, and 2028, as well as regular policy reviews.
other corporate documents).
i. Enhancing the productivity of legal human 12. Improvement Business Process
resources through legal capability enrichment, Simplifying business processes to support business
legal competency certification, and stakeholder efficiency and development through system
engagement, as well as collaboration with development, including:
institutions, ministries, and law enforcement a. Integrated AML CFT Screening (Watchlist Screening
agencies. on Account Opening & Transaction Platform)
j. Development and internal dissemination of legal b. AI for Monitoring Transaction System through Graph
policies, including modules, legal manuals, and legal Technology.
service guidelines, as well as operational guidelines c. RBA Bankwide.
for handling legal matters both inside and outside d. RBA Customer.
the court. e. AML CFT Sistem (Menu STR, CTR, IFTI Reporting).
f. Sipesat Reporting Tools.
11. Implementing Environmental, Social and Governance g. Digitalizing business processes and digitizing the
(ESG) principles into BRI’s operational and business Legal Division’s database to support the efficiency
activities, including: and effectiveness of the Legal Division’s tasks and
a. Implementing environmental initiatives through: performance, through the development of the
i. Integrating climate-related risks into BRI risk DELEGATION Application (Integrated Legal Data and
management through the Climate RI pilot Information)
projectsk Stress Testing (CRST) h. BRIPEDIA Mobile so that workers can access Policies
ii. Carrying out emissions management in and Procedures anytime and anywhere to support
operational activities through green network employees’ literacy improvement
initiatives, including the use of electric vehicles
as official vehicles, providing SPKLU (public
electric vehicle charging stations) within the BRI
Head Office, and installing solar panels in BRI
Business Unit
iii. Implementing a decarbonization strategy
through green banking
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Organizational Structure of Compliance Business Unit
Compliance Director
HEAD OFFICE COMPLIANCE UNIT
COMPLIANCE IN BUSINESS UNIT
UNIT Compliance Division Head
Compliance Dept. Governance Dept.
AML CFT Dept. Head
Head Head
Compliance Adisory Corporate Policy & Strategy of
Team Governance Team AML CFT Team Regional Risk
Management &
Compliance Team
Compliance
Integrated IT Support &
Assesment & Review
Governance Team Compliance Team
Team
Micro & Retail Risk
Compliance Team
AML CFT
Compliance Culture
Transaction Analysis Compliance Officer
Team
Team Overseas Branch
Compliance Data & Reporting
Regulatory Team AML CFT Team
Duties and Responsibilities of Compliance The duties and responsibilities of the Compliance Director of BRI
Director in order to carry out the Compliance Function refer to the OJK
Regulation No. 46/POJK.03/2017 dated July 12, 2017 concerning
In accordance with the results of the decision of the Annual Implementation of the Compliance Function of Commercial
General Meeting of Shareholders on March 13, 2023, A. Solichin Banks and Circular Letter of the Board of Directors of BRI Number
Lutfiyanto was appointed as Compliance Director with a maximum SE.56-DIR/KEP/10/2022 dated October 31, 2022 concerning
term of office of 5 (five) years from appointment. Implementation of the Compliance Function, including:
756 PT Bank Rakyat Indonesia (Persero) Tbk
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1. No concurrent positions and affiliate relationships.
1. Formulate strategies to encourage the creation of a
2. Has no financial, management, share ownership, and/or family
Compliance Culture.
relationship with members of the Board of Commissioners,
2. Propose compliance policies or compliance principles to be
Board of Directors, and controlling shareholders.
established by the BRI Board of Directors.
3. The Compliance Director does not supervise functions::
3. Establish compliance systems and procedures used for BRI’s
system of internal rules and guidelines. a. Business and operations.
4. Ensure that all policies, provisions, systems, and procedures, b. Risk management that makes decisions for the Bank’s
as well as business activities carried out by BRI are in business activities.
accordance with the provisions of the Financial Services c. Treasury.
Authority and the provisions of laws and regulations. d. Finance and Accounting.
5. Minimize BRI Compliance Risk. e. Logistics and procurement of goods and services.
6. Take precautions so that policies and / or decisions taken f. Technology and information.
by the BRI Directors or BRI as an entity do not deviate from g. Internal audit.
the provisions of the regulator and / or the authorized
supervisory authority and the provisions of the applicable Compliance Business Unit
laws and regulations.
7. Report the implementation of duties and responsibilities The Compliance Working Unit was independent and separate
to the President Director with a copy to the Board of from business, operational and other supporting functions in
Commissioners at least quarterly. BRI’s business activities. Compliance ranks must be free from
8. Perform other duties related to the Compliance Function in influence or pressure from other business unit, free from conflicts
accordance with laws and regulations. of interest, act professionally and objectively.
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:
Profile of the Head of the Compliance Business Unit
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 1
• Banking Compliance Level Manager
• Governance Risk Management Compliance Professional (GRCP)
• Qualified Risk Governance Professional (QRGP)
WORK EXPERIENCE
• Head of Documentation & Credit Administration, BRI Credit Administration Division (2013 - 2017)
• Group Head Legal Advice, BRI Legal Division (2017 - 2018)
• Vice President Legal Assessment & Advice, BRI Legal Division (2019 - 2021)
Kris Hananto • Division Head, BRI Compliance Division (2021 - present)
Compliance Division Head
LEGAL BASIS FOR APPOINTMENT
Indonesian citizen, born in Surakarta,
Decree of the Board of Directors of PT Bank Rakyat Indonesia (Persero) Tbk. No. R.268-DIR/
Age 52 years as of December 2024.
HCB/05/2021 dated May 7, 2021.
Domiciled in Cibubur, Bogor.
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Duties and Responsibilities of the 4. Conducting Compliance Testing based on the principles
Compliance Business Unit of prudence, applicable external and internal policies, in
relation to the planned policies and/or decisions made by the
The duties and responsibilities of BRI’s Compliance Business Unit Board of Directors and/or SEVP, and monitoring the follow-up
(SKK) include: actions.
1. Developing, implementing, and evaluating strategies, 5. Monitoring BRI’s compliance with commitments to regulators,
frameworks, and policies/regulations in the field of external audits, and/or relevant supervisory authorities.
compliance (including: Anti-Money Laundering (AML), 6. Analyzing the impact of regulatory policies and/or other
Countering the Financing of Terrorism (CFT) & Countering supervisory authorities that affect BRI’s operations and
the Financing of Weapons of Mass Destruction (CFWMD), business. The results of this impact analysis serve as the basis
Good Corporate Governance (GCG), Whistleblowing System for BRI to update its internal policies that are affected.
(WBS), Corporate Governance, Integrated Governance (IG), 7. Conducting regular and/or incidental reporting to regulators
and compliance testing). and/or relevant supervisory authorities related to compliance
2. Developing, implementing, monitoring, and evaluating matters.
compliance programs, including compliance risk, AML, 8. Implementing the functions of the BRI Gratification Control
CFT & CFWMD, GCG, WBS, IG, Anti-Bribery Management Unit (UPG).
System (ABMS), gratification control, compliance with the 9. Conducting monitoring and evaluation related to the
submission of the State Official Wealth Report (LHKPN), implementation of compliance functions carried out by the
compliance culture, and assessing the effectiveness of the Regional Office, Overseas Branches (UKLN), Subsidiaries, and
implementation of the Anti-Fraud Strategy. BRI Custodian Services business.
3. Analyzing suspicious financial transactions, monitoring, and 10. Developing and evaluating automation tools & advanced
evaluating the implementation of the AML, CFT, and PPPSPM data analytics, analytics control & digital innovation, as well
programs across the entire bank. as comprehensive risk assessment & oversight related to
compliance within the scope of BRI Group.
Compliance Workforce Competency Development
BRI supports the enhancement of competencies for employees in the Compliance Division by increasing their expertise through education
and certification. In 2024, employees in the Compliance Division participated in various training and educational programs, including:
Number of
Training Materials Participant
Date
Handling of Banking Crimes with the Law of Financial Sector Development and Strengthening (P2SK) and The
1 February 29, 2024
OJK Regulation No. 16 of 2023
Brilian Specialist Development Program (BSDP): Upskilling the Policy & Procedure Division Workers - Personal
2 April 19, 2024
Data Protection Material Premiere
Brilian Specialist Development Program (BSDP): Integrated Governance Individual Risk Assessment (IRA) 2024 14 May 17, 2024
Brilian Specialist Development Program (BSDP): Integrated Governance & BRI Financial Conglomerate 13 May 31, 2024
Brilian Specialist Development Program (BSDP): Risk Legal & Policy Drafting 1 June 25, 2024
Brilian Specialist Development Program (BSDP): Policy & Procedure Division - Material for Strengthening
1 July 04, 2024
Problematic Credit Management Strategy
Provision and Refreshment of MR Certification Competency Level 5 1 August 09, 2024
Uncovering Financial Crimes and Money Laundering: Focus on Online Gambling & Virtual Games 1 August 15, 2024
BSDP 1 Auditor - Personal Data Protection Compliance 2024 1 August 20, 2024
Special Request of In House Training (IHT) for Internal Auditor Education ISO 9001:2015 and ISO 37301:2021
12 August 23, 2024
Compliance Division
Brilian Specialist Development Program (BSDP): International Swaps and Derivatives Association Credit
1 August 29, 2024
Support Anex (ISDA - CSA) 2024
Identification of Suspicious Financial Transactions & Determination of Indications of Predicate Crimes 1 September 11, 2024
Brilian Specialist Development Program (BSDP): Compliance Division – AADC (Aspiration, Assistance,
Discussion with Compliance) Webinar Program of BRI Group PDP Readiness: Protect Personal Data, 24 September 12, 2024
Strengthen Trust
758 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Number of
Training Materials Participant
Date
BRI Group PDP Readiness: Protect Personal Data, Strengthen Trust 24 September 12, 2024
Brilian Specialist Development Program (BSDP): Policy & Procedure Division - From Silos To Synergy:
13 October 02, 2024
Communication Strategies to Elevate Corporate Reputation
BSDP 1 Personal Data Protection (PDP) 2024 1 October 10, 2024
Brilian Specialist Development Program (BSDP): Compliance Division – AADC (Aspirations, Assistance,
Discussion with Compliance) Webinar Program of Regulatory Compliance System (RCS) - Collaborative 12 October 15, 2024
Platform To Streamline Regulatory Monitoring and Enhance Compliance
Training for Prospective Anti-Corruption Counselors (PELOPOR) of the Republic of Indonesia Corruption
6 October 24, 2024
Eradication Committee (KPK RI)
Investigation of Money Laundering Crime through Virtual Asset Transactions and Remittance Transactions 29 November 15, 2024
(BSDP) 1 Personal Data Protection (PDP) Stream Legal Risk & Compliance 2024 3 November 18, 2024
Governance, Risk & Compliance Professional (GRCP) 2 December 2024
2024 Compliance Division Work Plan Implementation of the Compliance Function
Work Program in 2024
To support the enhancement of compliance culture, the
Compliance Division outlines its objectives for achievement in Throughout 2024, the Compliance function has played a strategic
the work plan, which includes the following key areas: role in ensuring that all company activities are in compliance
1. Strengthening Compliance Culture through standardization with applicable laws, regulations, and internal policies. Through
and digitalization, measured by the company’s compliance a series of targeted and measurable programs, the Compliance
with regulations and the increased awareness of employees. function has focused on strengthening good corporate governance
2. Improving the quality of Integrated Governance (Good Corporate Governance), enhancing a compliance culture
implementation by involving independent parties as objective across all levels of the organization, and proactively managing
assessors. compliance risks through the implementation of work programs,
3. Enhancing the whistleblowing system by involving including the following:
independent parties to increase the trust of whistleblowers
in BRI’s reporting system.
4. Revitalization of the Anti-Money Laundering (AML) and Regulatory Compliance System (RCS)
Counter-Terrorism Financing (CTF) technology systems by Regulatory Compliance System (RCS) is a BRI RegTech Application
utilizing artificial intelligence and big data platforms. designed to identify, track, and respond to regulatory changes
5. Development of Regulatory Technology (RegTech) to that may affect BRI’s business operations. This system also links
enhance the effectiveness of monitoring the implementation these changes to related policies, procedures, processes, and
of the latest regulations. internal controls.
6. Monitoring and follow-up on obligations to regulatory The main functions of the RCS application are:
authorities to manage compliance risks. • To Identify regulatory changes that are relevant and
potentially impactful to the bank.
• To track these changes to monitor progress and deadlines.
• To respond to changes in a timely and effective manner to
ensure compliance.
• To adapt to policies, procedures, processes, and internal
controls to meet new requirements.
PT Bank Rakyat Indonesia (Persero) Tbk 759
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Corporate
Governance
Regulatory Compliance System
Home Dashboard
% Compliance Rate
58 of 68 Comply Obligations
Compliance Rate by priority
Compliance Rate by Priority
High High Priority Comply 100% (6 of 6 Comply Obligation)
Compliance Rate by Priority
Medium Medium Priority Comply 85% (47 of 55 Comply Obligation)
85 %
Low
Compliance Rate by Priority
Low Priority Comply 71% (5 of 7 Comply Obligation)
Compliance
0 10 20 30 40 50
High Medium Low
Your company already complied 58 of 68 in progress and comply obligations Comply Now
Shows the number of obligations/ Shows the percentage of fulfillment Shows the Composition of all liabilities
obligations that have been of obligations regarding regulations based on risk. Low: no sanctions. Med: admin
followed up that have been followed up sanctions, High: fines or criminal sanctions
Progress of fulfillment of obligations by Division
Obligation Comply by Group Obligation In Progress by Group
58 85% 10 15%
User Group Obligation User Group Obligation
CREDIT & PRODUCT RISK POLICY DIVISION 8 CREDIT & PRODUCT RISK POLICY DIVISION 2
ENTERPRISE DATA MANAGEMENT DIVISION 9 ENTERPRISE DATA MANAGEMENT DIVISION 1
MARKET, PORTFOLIO & ENTERPRISE RISK MANAGEMENT DIVISION 14 MARKET, PORTFOLIO & ENTERPRISE RISK MANAGEMENT DIVISION 0
MICRO BUSINESS DEVELOPMENT DIVISION 7 MICRO BUSINESS DEVELOPMENT DIVISION 3
PLANNING, BUDGETING, & PERFORMANCE MANAGEMENT DIVISION 8 PLANNING, BUDGETING, & PERFORMANCE MANAGEMENT DIVISION 2
SERVICE & CONTACT CENTER DIVISION 12 SERVICE & CONTACT CENTER DIVISION 2
Progress in fulfilling obligations by Regulation
Obligation Comply by Regulation Obligation In Progress by Regulation
58 85 %
10 15%
Regulation Obligation Regulation Obligation
Law Number 10 of 1998 16 Law Number 10 of 1998 0
OJK Circular Letter Number 14/SEOJK.07/2014 Year 2014 4 OJK Circular Letter Number 14/SEOJK.07/2014 Year 2014 2
Government Regulation Number 23 of 2022 1 Government Regulation Number 23 of 2022 0
Law Number 27 of 2022 28 Law Number 27 of 2022 7
Law Number 4 of 2023 8 Law Number 4 of 2023 0
Regulation of the Minister of State-Owned Enterprises Number PER-2/MBU/03/2023 Regulation of the Minister of State-Owned Enterprises Number PER-2/MBU/03/2023
of 2023 1 of 2023 0
760 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Development of Compliance Reminder Application
One of the impacts of non-compliance is the emergence of fines for late reporting to regulators which have financial and reputational
impacts for BRI. Therefore, efforts are needed to avoid delays by building an effective reminder system. Therefore, the Compliance
Division improves the capabilities of the Compliance Reminder system which includes 3 aspects, namely:
a. Management: Improvement of the user interface quality that is easy to use in data input and setting reminder parameters such as
periods and hours so that it is easier for Compliance Division workers to manage reporting obligation data to regulators.
b. Monitoring: There is a monitoring dashboard that increases the ease of monitoring the fulfillment of reporting obligations to
regulators. Monitoring progress can be done in real time against an obligation based on feedback from the PIC.
c. Reminder: To Increase the effectiveness of the reminder function to the reporting PIC, the system automatically reminds the PIC.
The system can reach the PIC more personally through integration with WhatsApp Business so that the system can send reminder
messages via WhatsApp to the PIC number.
COMPLIANCE REMINDER
Automated sending
message by schedule
Reminder by WA
Receive by PIC
Message
Display of Dashboard and WA Blast
The Compliance Culture Strengthening Program
In accordance with the OJK Regulation Number: 46/POJK.03/2017 dated July 12, 2017, regarding the Implementation of the Compliance
Function in Commercial Banks, which stipulates that one of the functions of the compliance function of a bank is to ensure the
implementation of a compliance culture at all levels of the organization and business activities of the bank, BRI consistently carries out
continuous efforts and improvements to establish and strengthen its compliance culture, which is outlined in the Compliance Culture
Strengthening Program. The BRI Compliance Culture Strengthening Program is developed based on the results of BRI’s Compliance
Maturity Assessment, which consists of three assessment building blocks: Strategy & Role, Process & Governance, and Oversight. Several
initiatives under the compliance culture strengthening program that have been implemented include:
a. Study on the Prevention of Regulatory Fines for 2024.
b. Zero Bad Data Program SLIK.
c. Evaluation of Compliance Function Implementation of BRI Overseas Channels.
d. Creation of moving infographics with the theme of Compliance Culture, Anti-Fraud, Anti-Tipping Off, Awareness of Non-Compliance,
and Tips for Preventing SLIK Fines.
e. Self-Learning Compliance Culture 2024.
f. Compliance Culture Awareness Landing Page (BRIStars).
g. Regional Compliance Culture Survey.
PT Bank Rakyat Indonesia (Persero) Tbk 761
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Corporate
Governance
To enhance awareness among all BRI employees and foster a culture of compliance in support of achieving BRI’s strategic objectives and
sustainable business, the following digital communication materials have been displayed in the business units:
Awareness Campaign Themes Period
Theme: Gratification during the Holidays March 2024
Theme: Reporting Violations through the Whistleblowing System May 2024
Theme: Conflict of Interest JulY 2024
Theme: Implementing a Compliance Culture within BRI September 2024
Theme: International Anti-Corruption Day 2024 December 2024
Compliance Maturity Assessment
To measure the maturity level of the compliance function, in 2024 BRI conducted a Compliance Maturity Assessment for the
implementation of the compliance function carried out throughout 2023, with the following results: According to the Compliance
Maturity Assessment results for BRI. Based on that, with an
4,60
Tone at the
Top
4,33 4,50 4,44
Enforcement & 4,00 4,15
Supervisory
Discipline Responsibility
4,56 4,44
4,38 4,28
Educational
Auditing Compliance and Training
Maturity Score
BRI
2023 4.13 of 5.00
Policies and
Monitoring Procedures
2022 3.98 of 5.00 (P&P)
3,65 3,83
3,76 3,83
Risk Lines of
Assessment 3,55 3,69 Communication
3,64 3,86 3,97
Response and
Prevention
3,71
TH 2022 TH 2023
762 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Overall score of 4.13 points, the Compliance Maturity Ranking for BRI can be presented as follows:
Response
Bulding Tone at Monitoring Training and Policy and Lines of Risk Enforcement
and Monitoring Auditing
Block the Top Responsibility Education procedure Communication Assessment and Discipline
Prevention
2022 4.50 4.15 4.28 3.83 3.69 3.86 3.55 3.65 4.38 4.00
2023 4.60 4.44 4.44 3.83 3.97 3.71 3.64 3.76 4.56 4.33
Compliance Maturity Rating Rank 1 Rank 2 Rank 3 Rank 4 Rank 5
Description Forming Developing Standardized Established Optimized
Based on the table above, it can be stated that BRI’s Compliance The implementation of Market Conduct on BRI’s Standard
Maturity Level has improved, from Rank 3 (Standardized) to Rank Product Agreements
4 (Established). Rank 4 (Established) indicates that “the entire BRI has conducted a review of 125 existing standard agreements
compliance function has been standardized and is supported in accordance with consumer protection regulations and other
by complete organs according to the organization’s needs, applicable provisions.
with ongoing evaluations and corrective actions consistently
implemented.” The improving maturity of BRI’s compliance The development of technology in the AML CFT system by
is also supported by the decreasing regulatory fine sanctions integrating Pipeline & Watchlist Screening into BRI’s business
compared to previous years. platform includes the following:
• Implementation of screening tools in the form of services
The implementation of ISO 37001:2016 Anti-Bribery that can be used by the account opening platform and
Management System (ABMS) transactions for customers, potential customers, Beneficial
The implementation of ISO 37001:2016 Anti-Bribery Management Owners (BO), and WIC.
System (ABMS) at BRI has entered its fifth year, and in 2024, • Implementation of graph database technology for the AML
a surveillance audit has been conducted. Several activities use case (Suspicious Transaction Reporting - STR), which
have been carried out for this surveillance audit, including the is used as detection and analysis tools and generates a
submission of an evaluation report on the implementation of the customer 360 view.
ISO ABMS to the Board of Commissioners, updating the Bribery
Risk Assessment (BRA), identifying stakeholder expectations, and Evaluation of the Effectiveness
evaluating the anti-bribery strategy, as well as reviewing other of the Compliance Function
documents related to ISO 37001:2016 ABMS.
Assessment of the adequacy of the implementation of the
Approval and Reporting of New Banking Products Compliance Function in BRI was carried out by the Board of
Based on the OJK Regulation No. 13/POJK.03/2021 of 2021 Directors periodically through the Compliance Function Report
concerning the Implementation of Commercial Bank Products, which was also submitted semi-annually to the Financial
banks are required to report new products or activities to be Services Authority. The summary of implementation contained
marketed to consumers. The report on the plan for issuing in the Compliance Function Report contained comprehensive
banking products must be submitted to the regulator (including information, including Strengthening Compliance Culture,
the Financial Services Authority and Bank Indonesia) in order to Compliance Risk Management, Prevention of Deviations from
obtain regulatory approval, which is coordinated through the Prudential Provisions on Internal Policies, Monitoring the
Compliance Division. Implementation of Prudential Provisions on External Policies,
Monitoring External Regulations / Provisions, Monitoring the
Bank’s Compliance with External Commitments, Implementation
of AML and CFT Programs and others.
PT Bank Rakyat Indonesia (Persero) Tbk 763
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Corporate
Governance
Anti-Money Laundering (AML), Combating The Financing of Terrorism (CFT)
and Preventing Funding For Proliferation of Weapons of Mass Destruction (WMD
Proliferation) Programs
Indonesia is a full member of the Financial Action Task Force (FATF). As a result, Indonesia must implement the 40 FATF recommendations,
including aligning its policies related to Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and the Proliferation Financing
of Weapons of Mass Destruction (PFWMD), as well as addressing other threats to the integrity and stability of the international financial
system. In response, the Financial Services Authority (OJK) issued OJK Regulation No. 8 of 2023, dated June 14, 2023, on the Implementation
of Anti-Money Laundering, Counter-Terrorism Financing, and Counter-Proliferation Financing Programs in the Financial Services Sector.
This regulation is an improvement on OJK Regulation No. 12/POJK.01/2017, dated March 21, 2017, on the Implementation of Anti-Money
Laundering and Counter-Terrorism Financing Programs in the Financial Services Sector, as amended by OJK Regulation No. 23/POJK.01/2019,
dated September 30, 2019.
Regarding this, BRI has issued Circular Letter No. SE.41-DIR/KEP/11/2023 dated November 30, 2023, regarding the Implementation of the Anti-
Money Laundering (AML), Counter-Terrorism Financing (CTF), and Proliferation Financing of Weapons of Mass Destruction (PFWMD) Programs.
This serves as a directive to realize Good Corporate Governance (GCG) and ensure compliance by every employee in the execution of their duties
and functions in each BRI Business Unit, particularly in the fields of AML, CTF, and PFWMD. Furthermore, to ensure optimal implementation,
BRI has also developed Standard Operating Procedures (SOPs) for the implementation of Anti-Money Laundering (AML), Counter-Terrorism
Financing (CTF), and Proliferation Financing of Weapons of Mass Destruction (PFWMD).
Legal Basis
External Provisions
1. Laws of the Republic of Indonesia on the Prevention and Eradication of Money Laundering and Terrorism Financing Crimes
2. Regulations of Ministries and Relevant Institutions on the Prevention of Terrorism Financing and the Prevention of Financing of
Weapons of Mass Destruction Proliferation in the Financial Services Sector.
3. Regulations of the Financial Services Authority (POJK) and Circular Letters of the Financial Services Authority (SEOJK), particularly
regarding AML, CFT, and the Prevention of Financing of Proliferation of Weapons of Mass Destruction (PPPSPM).
4. Regulations issued by Indonesian Financial Transaction Reports and Analysis Center (PPATK)
Internal Provisions
1. Circular Letter of the Board of Directors of BRI No:. SE.41- DIR/KEP/11/2023 Dated November 30, 2023 concerning the
Implementation of Anti-Money Laundering (AML) Program, Prevention of Counter Financing of Terrorism (CFT) and Prevention of
Financing of Proliferation of Weapons of Mass Destruction (WMD Proliferation).
2. Standard Operating Procedure No. SO.09-KEP/06/2024 dated June 28, 2024, regarding the Implementation of Anti-Money Laundering
(AML) Program, Counter-Terrorism Financing (CFT), and Prevention of Financing of Proliferation of Weapons Of Mass Destruction
(PFWMD), as amended by Standard Operating Procedure No. SO.09.a-KEP/06/2024 dated December 31, 2024, concerning the First
Amendment to the Implementation of Anti-Money Laundering (AML) Program, Counter-Terrorism Financing (CFT), and Prevention
of Financing of Proliferation of Weapons Of Mass Destruction (PFWMD).
AML, CFT and WMD Proliferation Manager
The person in charge of the AML, CFT, and WMD Proliferation Program Implementation was carried out by the Special Work Unit (SWU)
at each organizational level. BRI SWU Head Office was implemented by Compliance Division KP BRI which was a structural business unit
in BRI’s organizational structure. In carrying out its duties, Compliance Division KP BRI reported and was responsible to the Compliance
Director of BRI. Meanwhile, the person in charge of the AML, CFT and WMD Proliferation Program Implementation in the Operational
Business Unit was carried out by the Responsible Officer for AML, CFT and WMD Proliferation of the Operational Business Unit. In this
case, it was carried out by the Regional Office Compliance staff and BRC (Branch Risk & Compliance) & URC (Risk & Compliance Unit),
where the staff reports and was responsible to the Compliance Division of BRI Headquarter.
764 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Organizational Structure of AML, CFT and WMD Proliferation
Management
President Director
Director of Compliance
UKK AML, CFT, and
PFWMD Head Office Compliance Division
(Departement AML CFT CPF)
Responsible Officer
for AML, CFT, and
PFWMD UKO
Assistant/Officer/Assistant Manager/Manager/Senior
Manager/Assistant Vice President Risk Management &
Compliance (RMC) Regional Office
Micro & Retail Risk Compliance Officer
and Compliance UKLN
Organizational Structure of AML, CFT 5. Ensure that the forms related to customers accommodate
and WMD Proliferation the necessary data for the implementation of the AML, CFT,
and PF programs.
Duties and responsibilities of BRI SWU Head Office cq. KP BRI 6. Monitor customer accounts and the execution of customer
Compliance Division towards the implementation of AML, CFT, transactions.
and PPPSPM Program were: 7. Evaluate the results of monitoring and analysis of customer
1. Periodically analyze the risk assessment of money laundering transactions to ensure the presence or absence of Suspicious
offenses and/or terrorism financing offenses and/or the Financial Transactions (SFT), Cash Transactions (CT), and/or
prevention of the financing of weapons of mass destruction, cross-border fund transfer transactions (CFT).
in relation to customers, countries or geographic areas, 8. Document the results of monitoring and evaluation.
products, services, transactions, or distribution networks 9. Coordinate the updating of customer data and profiles, as
(delivery channels). well as transaction data and profiles.
2. Develop, update, and propose policies and procedures for 10. Monitor securities accounts and the execution of custodian
the implementation of the AML, CFT, and WMD financing client transactions.
prevention programs that have been established to manage 11. Maintain records of the monitoring and evaluation results of
and mitigate risks based on risk assessments. securities transactions.
3. Ensure the existence of a system that can effectively identify, 12. Ensure that business activities with a high risk of Money
analyze, monitor, and provide reports on the characteristics Laundering and/or Terrorism Financing are effectively
of transactions conducted by customers. identified in accordance with the Bank’s policies and
4. Ensure that the policies and procedures developed are in line procedures, as well as regulatory requirements.
with changes and developments, including but not limited to 13. Ensure the existence of an effective communication
products, services, and technology in the financial services mechanism from each business unit to the designated unit
sector, business activities and complexity, transaction or officer responsible for the implementation of the AML
volumes, and methods of Money Laundering and/or Terrorist and CFT programs, while maintaining confidentiality of
Financing. information and adhering to anti-tipping off provisions.
PT Bank Rakyat Indonesia (Persero) Tbk 765
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Corporate
Governance
14. Conduct supervision on the implementation of the AML and 7. Monitor, analyze, and recommend training needs on the
CFT programs within the relevant business units. implementation of the AML CFT and PFWMD programs for
15. Ensuring the identification of high-risk areas related to the officials and/or employees of operational units under the
implementation of the AML CFT and PFWMD programs supervision of the Regional Office.
by referring to the provisions of laws and regulations and 8. Act as the contact person for relevant authorities regarding
adequate information sources. the implementation of the AML CFT and PFWMD programs
16. Receiving, analyzing, and preparing reports on Suspicious (including Bank Indonesia, the Financial Services Authority,
Financial Transactions and/or cash transactions conducted PPATK, and Law Enforcement Authorities).
by the working unit.
17. Preparing reports on Suspicious Financial Transactions, Socialization of AML, CFT and WMD
Cash Financial Transactions, and/or financial transactions Proliferation
involving fund transfers to and from abroad to be submitted
to PPATK. To improve employee understanding of the implementation of
18. Ensuring that all activities related to the implementation of AML CFT at BRI, the AML CFT Management conducts several
the AML CFT and PFWMD programs are carried out properly. socialization in the following ways:
19. Monitor, analyze, and recommend training needs regarding 1. In-House Training.
the implementation of the AML CFT and PFWMD programs 2. Landing Page on the BRISTARS application.
for officials and/or employees of PJK. 3. Posters, videos, and other communication media at the
20. Serves as a contact person for the competent authorities Company’s offices.
related to the implementation of AML, CFT, and WMD 4. Online learning materials on the topic of AML CFT and
Proliferation programs (including Bank Indonesia, Financial PFWMD on the internal BRISMART e-learning platform.
Services Authority, PPATK, and Law Enforcement Officials).
The duties and responsibilities of the Officer in Charge of Lawsuit
AML, CFT, and WMD Proliferation Program Implementation
in the Operational Business Unit towards AML, CFT, and WMD The legal cases faced by BRI in 2024 are as follows.
Proliferation Program Implementation were as follows:
1. Monitoring customer accounts and the execution of customer
Number of Cases
Legal Issues
transactions in the Operational Business Unit under the Civil Criminal
supervision of the Regional Office.
Has received a decision that has
2. Conduct an evaluation of the monitoring results and analysis 59 1
permanent legal force
of customer transactions to ensure the presence or absence
of Suspicious Financial Transactions and Cash Financial In the process of settlement 891 175
Transactions Total 950 176
3. Monitoring the updating of customer data and profiles as
well as customer transaction data and profiles.
4. Ensuring the existence of a good communication mechanism
from each related business unit to the special business unit or
2024
officials responsible for the implementation of the AML and Regarding QI Q II Q III Q IV TOTAL
CFT programs while maintaining information confidentiality
Credit (Auction
and adhering to Anti Tipping-Off provisions Postponement)
85 139 253 281 758
5. Conduct supervision related to the implementation of the
Non-Auction Credit 16 29 30 30 105
AML CFT and PFWMD programs for operational business
units under the supervision of the Regional Office. Ops & Services 2 7 6 9 24
6. Receive and verify reports of Suspicious Financial Transactions
Support 2 1 0 1 4
and/or cash transactions submitted by operational units
under the supervision of the Regional Office. Treasury, Trade Finance & IT 0 0 0 0 0
GRAND TOTAL 891
766 PT Bank Rakyat Indonesia (Persero) Tbk
Page 769
2024 Annual Report
Inkracht Wins 2024 Inkracht Wins 2024
Regarding QI Q II Q III Q IV TOTAL Regarding QI Q II Q III Q IV TOTAL
Credit (Auction Credit (Auction
13 24 11 0 48 0 1 0 0 1
Postponement) Postponement)
Non-Auction Credit 2 3 0 0 5 Non-Auction Credit 0 0 0 1 1
Ops & Services 2 2 0 0 4 Ops & Services 0 0 0 0 0
Support 0 0 0 0 0 Support 0 0 0 0 0
Treasury, Trade Finance & IT 0 0 0 0 0 Treasury, Trade Finance & IT 0 0 0 0 0
GRAND TOTAL 57 GRAND TOTAL 2
1. Inkracht Case Wins 2. Inkracht Case Wins
Inkracht won 57 cases in 2024, consisting of: Inkracht Cases Lost in 2024 as many as 2 Cases, consisting of:
• Credit Matters • Credit Matters
(Postponement of Collateral Auction)) : 48 cases (Postponement of Collateral Auction)) : 1 cases
• Non-Auction Credit Matters : 5 cases • Non-Auction Credit Matters : 1 cases
• Operational & Service Matters : 4 cases • Operational & Service Matters : 0 cases
• Support Matters (HR, Logistics, etc.) : 0 cases • Support Matters (HR, Logistics, etc.) : 0 cases
• Treasury, Trade Finance, & IT Matters : 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 on
Completion Risk and Nominal
Main Points of the Case / Lawsuit Status Lawsuit
Sanctions the Company's
condition
PKPU PT Inhil Sarimas Kelapa (ISK)
BRI registered a Bill to the PKPU Management
Team in the amount of: USD32,215,397.79 or
equivalent (Position 25 Mar 2024 middle rate 1 USD =
IDR15,773.00) IDR508,133,374,646.41, with details as
follows:
1. Proses PKPU PT ISK:
• March 25, 2024 - PT ISK was terminated by PKPU
• April 05, 2024 - First Creditors' Meeting
• April 19, 2024 - Bill Submission Deadline
• April 24, 2024 - Receivables Verification
• May 07, 2024 - Peace Plan Discussion Meeting and
BRI's claim is
Voting
classified as a
• Consultative Meeting of the Panel of Judges of PT
PKPU is in progress - - secured debt, with
ISK (In PKPU), with the following decision:
collateral duly
- Granting PT INHIL SARIMAS KELAPA
provided.
Permanent PKPU (In PKPU) for 100 days;
- Appointing Dr. FAHREN, SH, M.Hum as
Supervisory Judge;
- Appoint :
• Ir. Erdin Silaban, S.H., M.M (exsisting)
• Bonar P. Sidabukke, S.H., LL.M, CLA (exsisting)
• Baso Fakhruddin, S.H., M.Kn. (Raya)
• Mappajanci Ridwan Saleh, S.H., M.Kn. (Raya)
• Febri Arisandi, S.H. (Bangkok)
• Yandi Suhendra, S.H. (additional from existing)
As a Board Member
• August 14, 2024 - Discussion of Peace Proposal.024
PT Bank Rakyat Indonesia (Persero) Tbk 767
Page 770
Corporate
Governance
Legal Cases Faced by the Incumbent Board of Commissioners and Directors
During 2024, 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 Case/ Completion Risk of Sanctions
Nominal Claim on Company
Name Lawsuit Status Lawsuit Imposed
Conditions
PT Pegadaian A civil dispute in the form of a lawsuit Decision that Potential IDR 5,755,683,589 There are Company
for unlawful conduct against PT has been legally to cause no penalties Reputational Risk
Pegadaian, filed by Jerich Dantly binding at the material against the
Tofan Montori (a former employee) Appeal level company company
at the Manado District Court under that declares losses
case registration number 207/ the lawsuit
Pdt.G/2024/PN Mnd, in relation inadmissible
to the plaintiff's objection to the
waiver of compensation claims and
termination of employment.
PT BRI Asuransi A lawsuit for unlawful conduct Awaiting Financial and Materil Lawsuit: - Could potentially
Indonesia related to the policyholder’s Supreme Court Reputational IDR 3,214,500,000 harm the
misunderstanding of the terms of a Decision in Risks Company
fire insurance policy, Case No. 22/ the Cassation Immaterial financially and
Pdt.G/2023/PN.Gsk, at the Gresik Process Lawsuit: reputationally
District Court (BRINS as Defendant II). IDR
18,624,628,338
PT Bank Raya PKPU Case No. 59/Pdt.Sus. Declared - IDR - Financial losses
Indonesia PKPU/2020/PN Niaga Sby at the bankrupt (asset 74,002,120,490 with reputational
Surabaya Commercial Court under liquidation). impact.
the Surabaya District Court.
PT Asuransi BRI Life Civil lawsuit for unlawful conduct, Cassation - None - Decline in
Case No. 13/Pdt.G/2023/PN Kng Process company image
at the Kuningan District Court. and reputation
BRI Life as Defendant II.
- The plaintiff, Hj. Cicih Sutinsih,
acting as the heir of the late H.
Aan Heriana, a BRI debtor.
- Seeking the return of collateral
consisting of three plots of land.
- Claiming the insurance
payout as settlement of the
outstanding loan.
PT BRI Danareksa First Party: PT BRIDS Dispute - Lawsuit Value: None No impact on
Persero Second Party : PT Evio Securities Resolution - Materil: IDR 10 BRIDS operations.
(“Evio”) Forum: Central Billion The settlement
Subject Matter : Evio’s Default District Court of - Immateril: IDR 10 of this dispute is
against the Bailout Agreement Jakarta Billion part of the process
First Level of recovery of
Decision : problematic
Unacceptable receivables since
Lawsuit (N.O) 2019. To optimize
Appeal Level the settlement,
Decision : BRIDS is currently
Affirming District in the non-judicial
Court Decision process in the
form of collection
with the assistance
of the State
Attorney team
at the Deputy
Attorney General
for Civil and State
Administration.
768 PT Bank Rakyat Indonesia (Persero) Tbk
Page 771
2024 Annual Report
Its Impact
Subsidiary Main Points of the Case/ Completion Risk of Sanctions
Nominal Claim on Company
Name Lawsuit Status Lawsuit Imposed
Conditions
PT BRI Manajemen None - - - - -
Investasi
PT BRI Ventura None - - - - -
Investama
PT BRI PT Fokus Narwastu Transportasi BRIF won No IDR 13,388,576,016 Implementing Financial losses
Multifinance (Jakarta) compensation the contents with reputational
Indonesia payment of the impact.
judgment
PT Permodalan None - - - - -
Nasional Madani
BRI Global Financial None - - - - -
Services Ltd.
Administrative Sanctions Imposed on the Company, Members of the Board of
Commissioners and Directors by the Capital Market Authority and Other Authorities
During 2024, there were no material administrative sanctions by the Regulator that may affect the Bank’s business continuity and there
were no administrative sanctions imposed on members of the Board of Commissioners or Board of Directors.
Access to Company Information and Data
BRI transparently provides the latest financial report information BRI, @bankbri_id
and company information that can be accessed by the public, Youtube: BANK BRI
including shareholders, through various print media and Chatbot: Sabrina
electronic media including the Company’s website, Social Media, Via facebook messanger and whatsapp/telegram: 081-212-14017
Indonesia Stock Exchange, and BUMN portal.
Investor Relations
Corporate Secretary
Agustya Hendy Bernadi Investor Relations Division BRI had a special role to assist
Phone: (+62 21) 575 1966 the Board of Directors and the Board of Commissioners in the
Facsimile: (+62 21) 570 0916 implementation of corporate communication activities to
Email: humas@bri.co.id Investors. In addition, BRI’s Investor Relations Division played
a role in assisting the Board of Directors and the Board of
Company Address Commissioners in the implementation of corporate governance
BRI Bank Head Office in accordance with regulations in the Capital Market sector.
Jl. Jendral Sudirman Kav. 44-46 Jakarta 1210, Indonesia
Telp: (+62 21) 251 0244, 251 0254 Contact Investor Relation
Fax: (+62 21) 250 0065, 250 0077
Bret Ginesky
Company Website Division Head of Investor Relation
www.bri.co.id Gedung BRI II lantai 7
Call Centre Jl. Jendral Sudirman No-44-46 Jakarta Pusat 10210
14017, 1500017, (+62 5798 7400) Telp.: +62 21 575 2019
Customer Care Fax: +62 21 575 2010
callbri@bri.co.id Email: ir@bri.co.id
Social Media Website: www.ir-bri.com
Facebook: Bank BRI
Instagram: @bankbri_id
Twitter: @kontakBRI, @promo_
PT Bank Rakyat Indonesia (Persero) Tbk 769
Page 772
Corporate
Governance
Duties and Responsibilities of Investor Relations 7. Rating Review
Conduct communication activities and submission of
In order to fulfill its responsibilities and regulations and improve BRI data in the framework of ratings conducted by rating
effective communication, BRI’s Investor Relations Division agencies used by BRI, both international rating agencies
conducted various activities, namely: (Moody’s, Fitch Rating, S&P) and domestic rating agencies
1. Analyst Meeting (Pefindo).
It was an activity that was carried out regularly every quarter 8. Management of the Investor Relations Website (www.ir-bri.
in order to present BRI’s performance to analysts securities com)
companies which aimed to enable analysts / securities Managing information on the Investor Relations website
companies to present reports with the latest data to to ensure that shareholders, bondholders, analysts, rating
investors. analysts, and the general public have easy access to the
2. Analyst Gathering company’s latest information. The website, managed by
It was a meeting activity with analysts and investors to the Investor Relations Division, is also integrated with the
present current issues or special materials with certain company’s official website, www.bri.co.id.
themes, with the aim of providing updates related to current 9. Advisory Report
issues and the latest company information. Preparing advisory materials containing the results of BRI’s
3. Company Visit - Field Visit stock valuation and the identified gaps between intrinsic
Receive visits from investors/analysts who want to update value and analysts’ target prices, as well as other analytical
the latest performance and want to know and see firsthand findings, for internal communication with the Board of
the company’s operations both at the head office and in the Management.
operational business unit. 10. Market Update Advisory
4. Conference Call Prepare materials in the form of updates on stock market
Receive visits from investors/analysts who want to update conditions, BRI stock prices and peers to be communicated
the latest performance and want to know and see firsthand internally to the Board of Management.
the company’s operations both at the head office and in the 11. Financial Update
operational business unit. Prepare financial performance materials every quarter in
5. Investor Newsletter order to present BRI’s performance to analysts/securities
Update the latest information through the publication of companies at Analyst Meeting activities.
newsletters on BRI’s Investor Relations website. 12. Financial Brief
6. Investor Conference dan Non-deal Roadshow Prepare a summary of financial performance material every
Conduct communication activities through 1-on-1 meetings quarter in order to communicate BRI’s performance to BRI
and group meetings with investors both at home and abroad, employees.
especially in the world’s financial center cities in Asia, Europe 13. BBRI News
and America. 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
EDUCATION HISTORY
Bachelor of Science in Management, Tulane University (2000)
CERTIFICATION
-
WORK EXPERIENCE
• Senior Investment Analyst - Financials Sector, CLSA Indonesia (August 2009 - June 2011)
• Senior Vice President of Investor Relations, PT Bank Mandiri, Tbk. (July 2011 - March 2018)
• Head of Investor Relations, PT Indika Energy Tbk. (July 2018 - March 2019)
• Board of Management/Head of Investor Relations, PT Lippo Karawaci Tbk. (March 2019 - March
2022)
• Head of Investor Relations, PT Adaro Energy Indonesia Tbk. (June 2022 - January 2023)
Bret Ginesky • IR Executive, PT Bank Rakyat Indonesia Tbk. (February 2023 - January 2024)
Division Head of Investor Relations • Division Head of Investor Relations, PT Bank Rakyat Indonesia Tbk. (January 2024 - Present)
Foreign Citizen, born in Massachusetts, LEGAL BASIS FOR APPOINTMENT
47 years old as of December 2024.
Domiciled in Jakarta. B.70 - HCD/HDR/01/2024 dated January 31, 2024
770 PT Bank Rakyat Indonesia (Persero) Tbk
Page 773
2024 Annual Report
Investor Relations Activities During 2024 9. Disclosure of regulatory filings, event calendar, press releases,
stock performance, and information on issued securities.
In addition to the GMS, Investor Relations also communicates the
bank’s activities to stakeholders, particularly existing investors Press Release
and capital market participants (regulators, investors, debenture
holders, analysts, and rating agencies). Relevant information is During 2024, BRI has press releases which can be accessed on the
shared with an emphasis on transparency to support investors Company’s website with the following categories.
in making effective decisions and aligning their perceptions
and expectations regarding the bank’s strategy, performance,
No Topic Amount
and financial condition. Throughout 2024, Investor Relations
organized various agendas, including: 1 Financial Performance 56
1. The quarterly convening of Analyst Meetings.
2 Award 56
2. Communication activities in the form of 21 field visits and
161 meetings both onsite and virtually. 3 Collaboration Ceremony and Promotion Event 42
3. Conferences 17 times and Non Deal Roadshows 17 times. 4 Products 25
4. Implementation of BRI BISA (Bincang Saham) to BRI 5 Services 30
employees 9 (nine) times.
Small Medium Enterprises Empowerment -
5. ESG Rating. 6 39
Clusters
6. Implementtation of Annual Rating Review for Fitch, Moodys,
Small Medium Enterprises Empowerment –
7 17
S&P and Pefindo. Brilliant villages
7. The implementation of Public Expose, Annual General 8 Financial Inclusive – BRILink Agencies 24
Meeting of Shareholders (AGMS), Extraordinary General
Small Medium Enterprises Empowerment –
Meeting of Shareholders (EGMS), and the publication of 5 9 22
People’s Business Loan
(five) editions of the Investor Newsletter.
Small Medium Enterprises Empowerment –
8. The management of latest information on the Investor 10 17
Micro Ultra
Relations website (www.ir-bri.com), including: 11 CSR 56
a. Company’s information
12 ESG 11
b. Financial performance and corporate presentations.
c. Corporate Governance. Edukasi / Literasi Masyarakat Society’s
13 19
Education / Literacy
d. Information related to the General Meeting of Shareholders
14 Lain lain 58
(GMS).
Transparency in Report Submission
BRI consistently submits reports on time and under the applicable regulations. The submission of reports is a form of the Company’s transparency.
These reports, whether periodic or incidental, are submitted to, among others, the Financial Services Authority (OJK), the Indonesia Stock
Exchange (BEI), Bank Indonesia, the Indonesia Deposit Insurance Corporation (LPS), the Ministry of State-Owned Enterprises (BUMN), and other
regulators. Reports to OJK and/or BEI are submitted through the Integrated Electronic Reporting Facility for Issuers and Public Companies as
follows:
Date Letter Number Regarding
11-01-2024 B.7.e-CSC/CSM/CGC/01/2024 Request for Explanation from Issuers and Other Public Companies
11-01-2024 B.17.e-CSC/CSM/PAF/01/2024 Request for Explanation from Issuers and Other Public Companies
12-01-2024 B.13.e-CSC/CSM/CGC/01/2024 Share Buyback Report
15-01-2024 B.144-DIR/INV/TCS/CPD/01/2024 Report on Use of Proceeds from Public Offering
15-01-2024 B.143-DIR/INV/TCS/CPD/01/2024 Report on Use of Proceeds from Public Offering
16-01-2024 R.53-DIR/CSC/01/2024 Submission of Agenda of Annual General Meeting of Shareholders
22-01-2024 B.20.e-CSC/CSM/CGC/01/2024 Request for Explanation of Issuers and Public Companies Request for Discussion Time
23-01-2024 B.21.e-CSC/CSM/CGC/01/2024 Notification of Plan for Annual General Meeting of Shareholders
24-01-2024 B.21.e.CSC/CSM/CGC/01/2024 Submission of Evidence of Advertisement of GMS Notification
02-02-2024 B.330-DIR/FMA/01/2024 Request for Explanation of Issuers and Other Public Companies
PT Bank Rakyat Indonesia (Persero) Tbk 771
Page 774
Corporate
Governance
Date Letter Number Regarding
02-02-2024 B.329-DIR/FMA/01/24 Submission of Financial Reports
06-02-2024 B.33.e-CSC/CSM/CGC/02/2024 Request for Explanation from Issuers and Other Public Companies
06-02-2024 B.28.e-CSC/CSM/CGC/02/2024 Submission of Evidence of Advertising of Annual Financial Report Information
07-02-2024 B.36.e-CSC/CSM/CGC/02/2024 Invitation to Annual General Meeting of Shareholders
07-02-2024 B.34.e-CSC/CSM/CGC/02/2024 Submission of Annual and Sustainability Reports
10-02-2024 B.31.e-CSC/CSM/CGC/02/2024 Request for Explanation of Issuers and Other Public Companies
10-02-2024 B.36.e.CSC/CSM/CGC/02/2024 Submission of Evidence of Advertisement of GMS Invitation
10-02-2024 B.35.e-CSC/CSM/CGC/02/2024 Request for Explanation of Issuers and Other Public Companies
10-02-2024 B.32.e-CSC/CSM/CGC/02/2024 Changes in Shareholder Structure
26-02-2024 B.504-DIR/INV/TCS/CPD/02/2024 Request for Explanation of Issuers and Other Public Companies
26-02-2024 B.505-DIR/INV/TCS/CPD/02/2024 Prospectus Submission
26-02-2024 B.506-DIR/INV/TCS/CPD/02/2024 Submission of Advertisement Evidence of Additional Information Summary of Public Offering
of Sustainable Environmentally-Aware Bonds I Bank BRI Phase III Year 2024.
04-03-2024 01/PT-GP/Ket/III/2024 Summary of Minutes of the Annual General Meeting of Shareholders
04-03-2024 01/PT-GP/Ket/III/2024 Disclosure of Information related to Corporate Actions - Cash Dividends - 04032024
05-03-2024 B.57.e-CSC/CSM/CGC/03/2024 Submission of Advertisement Evidence of GMS Results
05-03-2024 B.56.e-CSC/CSM/CGC/03/2024 Changes in BRI Life Share Ownership Structure
07-03-2024 B.58.e-CSC/CSM/CGC/03/2024 Rating Results Report Annual Rating
08-03-2024 B.623-DIR/INV/TCS/CPD//03/2024 Request for Explanation of Issuers and Other Public Companies
13-03-2024 B.151.e-CSC/CSM/PAF/03/2024 Request for Explanation of Issuers and Other Public Companies
13-03-2024 B.67.e-CSC/CSM/CGC/03/2024 Request for Explanation of Issuers and Other Public Companies
13-03-2024 B.152.e-CSC/CSM/PAF/03/2024 Changes in Shareholder Structure
19-03-2024 B.71.e-CSC/CSM/CGC/03/2024 Request for Explanation of Issuers and Other Public Companies
21-03-2024 B.72.e-CSC/CSM/CGC/03/2024 Changes in Audit Committee
28-03-2024 B.80.e-CSC/CSM/CGC/03/2024 Minutes of Annual General Meeting of Shareholders
04-04-2024 B.86.e-CSC/CSM/CGC/04/2024 Request for Explanation of Issuers and Other Public Companies
05-04-2024 B.233.e-CSC/CSM/PAF/04/2024 Request for Explanation of Issuers and Other Public Companies
05-04-2024 B.234.e-CSC/CSM/PAF/04/2024 Request for Explanation of Issuers and Other Public Companies
05-04-2024 B.235.e-CSC/CSM/PAF/04/2024 Changes in Shareholder Structure
05-04-2024 B.1-CSC/CSM/CGC/04/2024 Report of Ownership or Any Change in Share Ownership of Public Companies
26-04-2024 B.93.e-CSC/CSM/CGC/4/2024 Submission of Evidence of Advertisement of Interim Financial Report Information
29-04-2024 B.97.e-CSC/CSM/CGC/04/2024 Submission of Copy of Notarial Deed on Amendment of BRI Articles of Association
11-05-2024 B.290.e-CSC/CSM/PAF/05/2024 Request for Explanation of Issuers and Other Public Companies
11-05-2024 B.292.e-CSC/CSM/PAF/05/2024 Change of Shareholder Structure
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024d Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024e Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024b Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024n Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024m Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024l Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024c Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024f Ownership Report or Any Changes in Ownership of Public Company Shares
772 PT Bank Rakyat Indonesia (Persero) Tbk
Page 775
2024 Annual Report
Date Letter Number Regarding
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024g Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024h Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024k Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024j Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024i Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024a Ownership Report or Any Changes in Ownership of Public Company Shares
01-06-2024 B.105.e-CSC/CSM/CGC/05/2024 Ownership Report or Any Changes in Ownership of Public Company Shares
10-06-2024 B.118.e-CSC/CSM/CGC/06/2024 Request for Explanation of Issuers and Other Public Companies
10-06-2024 B.111.e-CSC/CSM/PAF/06/2024 Changes in Shareholder Structure
10-06-2024 B.110.e-CSC/CSM/PAF/06/2024 Request for Explanation of Issuers and Other Public Companies
10-06-2024 B.112.e/CSC/CSM/PAF/06/2024 Request for Explanation of Issuers and Other Public Companies
12-06-2024 B.7-CSC/CSM/CGC/06/2024 Report of Ownership or Any Change in Ownership of Shares of Public Companies
12-06-2024 B.8-CSC/CSM/CGC/06/2024 Ownership Report or Any Change in Ownership of Public Company Shares
12-06-2024 B.9-CSC/CSM/CGC/06/2024 Ownership Report or Any Change in Ownership of Public Company Shares
14-06-2024 B.123.e-CSC/CSM/CGC/06/2024 Internal Audit Changes
19-06-2024 B.10-CSC/CSM/CGC/06/2024 Ownership Report or Any Change in Ownership of Public Company Shares
19-06-2024 B.11-CSC/CSM/CGC/06/2024 Ownership Report or Any Change in Ownership of Public Company Shares
19-06-2024 B.13-CSC/CSM/CGC/06/2024 Ownership Report or Any Change in Ownership of Public Company Shares
20-06-2024 B.14-CSC/CSM/CGC/06/2024 Ownership Report or Any Change in Ownership of Public Company Shares
20-06-2024 B.12-CSC/CSM/CGC/06/2024 Ownership Report or Any Change in Ownership of Public Company Shares
Evaluation Report on the implementation of audit services for annual historical financial
28-06-2024 B.1768-DIR/FMA/05/2024 information by AP and/or KAP
10-07-2024 B.141.e-CSC/CSM/CGC/07/2024 Changes in Shareholder Structure
10-07-2024 B.142.e-CSC/CSM/CGC/07/2024 Request for Explanation of Issuers and Other Public Companies
10-07-2024 B.143.e-CSC/CSM/CGC/07/2024 Request for Explanation of Issuers and Other Public Companies
12-07-2024 B.2272-DIR/FMA/07/2024 Request for Explanation of Issuers and Other Public Companies
Report on Termination of Implementation of Public Offering of Sustainable Environmentally-
12-07-2024 B.2260.DIR/INV/TCS/CPD/07/2024 Friendly Bonds I Bank BRI Year 2022
Submission of Evidence of Advertisement Report on Termination of Implementation of Public
15-07-2024 B.151.e-CSC/CSM/CGC/07/2024 Offering of Sustainable Environmentally-Friendly Bonds I Bank BRI Year 2022
15-07-2024 B.152.e-CSC/CSM/CGC/07/2024 Share Buyback Report
15-07-2024 B.2259-DIR/INV/TCS/CPD/07/2024 Report on Use of Proceeds from Public Offering
15-07-2024 B.746-DIR/FMA/03/2024 Appointment/Change of Public Accounting Firm and/or Public Accountant
Submission of Documents for Appointment of Public Accounting Firm and/or Public
15-07-2024 B.153.e-CSC/CSM/CGC/07/2024 Accountant Approved by GMS
Report on Readiness of Funds for Repayment of Bank BRI Continuous Bonds II Phase III Year
26-07-2024 B.164.e-CSC/CSM/CGC/07/2024 2017 Series C
29-07-2024 B.167.e-CSC/CSM/CGC/07/2024 Submission of Evidence of Advertisement of Interim Financial Report Information
09-08-2024 B.173.e-CSC/CSM/CGC/08/2024 Request for Explanation of Issuers and Other Public Companies
09-08-2024 B.476.e-CSC/CSM/PAF/08/2024 Request for Explanation of Issuers and Other Public Companies
09-08-2024 B.172.e-CSC/CSM/CGC/08/2024 Changes in Shareholder Structure
15-08-2024 B.179.e-CSC/CSM/CGC/08/2024 Public Expose Implementation Plan - Annual
26-08-2024 B.185.e-CSC/CSM/CGC/08/2024 Submission of Public Expose Materials - Annual
30-08-2024 B.190.e-CSC/CSM/CGC/08/2024 Request for Explanation from Issuers and Other Public Companies
02-09-2024 B.194.e-CSC/CSM/CGC/08/2024 Cooperation Plan
PT Bank Rakyat Indonesia (Persero) Tbk 773
Page 776
Corporate
Governance
Date Letter Number Regarding
03-09-2024 B.195.e-CSC/CSM/CGC/08/2024 Public Expose Results Report - Annual
10-09-2024 B.198.e-CSC/CSM/CGC/08/2024 Changes in Shareholder Structure
10-09-2024 B.199.e-CSC/CSM/CGC/09/2024 Request for Explanation of Issuers and Other Public Companies
10-09-2024 B.201.e-CSC/CSM/CGC/09/2024 Request for Explanation of Issuers and Other Public Companies
10-09-2024 B.197.e-CSC/CSM/CGC/09/2024 Changes in the Audit Committee
13-09-2024 R.1846-DIR/SBM/09/2024 Request for Explanation of Issuers and Other Public Companies
30-09-2024 B.209.e-CSC/CSM/CGC/09/2024 Equity Participation in PT Kliring Penjaminan Efek Indonesia (KPEI)
30-09-2024 R.1996-DIR/CMG/09/2024 Request for Explanation from Issuers and Other Public Companies
Report on Readiness of Funds for Repayment of Sustainable Environmentally-Aware Bonds I
04-10-2024 B.211.e-CSC/CSM/CGC/10/2024 Bank BRI Phase II Year 2023 Series A
09-10-2024 R.73.e-CSC/CSM/CGC/10/2024 Share Buyback Report
10-10-2024 B.221.e-CSC/CSM/CGC/10/2024 Request for Explanation from Issuers and Other Public Companies
10-10-2024 B.219.e-CSC/CSM/CGC/10/2024 Request for Explanation from Issuers and Other Public Companies
10-10-2024 B.220.e-CSC/CSM/CGC/10/2024 Changes in Shareholder Structure
16-10-2024 B.204.e-IRD/SMG/10/2024 Materials for Surabaya Investor Meeting & Connectivity 2024
Report on the Readiness of Repayment Funds for Bank BRI’s Continuous Bonds III Phase I Year
17-10-2024 B.227.e-CSC/CSM/CGC/10/2024 2019 Series C
24-10-2024 B.3698-DIR/FMA/10/2024 Request for Explanation from Issuers and Other Public Companies
31-10-2024 B.234.e-CSC/CSM/CGC/10/2024 Report on the Readiness of Repayment Funds for Bank BRI’s MTN Year 2022 Series A
31-10-2024 B.237.e-CSC/CSM/CGC/10/2024 Submission of Evidence of Advertisement of Interim Financial Report Information
01-11-2024 B-239.e-CSC/CSM/CGC/11/2024 Company Performance Presentation Material for Quarter III of 2024
08-11-2024 B.241.e-CSC/CSM/CGC/11/2024 Request for Explanation of Issuers and Other Public Companies
08-11-2024 B.738.e-CSC/CSM/PAF/11/2024 Request for Explanation of Issuers and Other Public Companies
08-11-2024 B.242.e-CSC/CSM/CGC/11/2024 Changes in Shareholder Structure
11-11-2024 B.248.e-CSC/CSM/CGC/11/2024 Response to Requests for Explanation on Media Reports
12-11-2024 B.3923-DIR/HBS/11/2024 Changes in Audit Committee
21-11-2024 B.4068-DIR/ISG/11/2024 Requests for Explanation of Issuers and Other Public Companies
05-12-2024 B.1.e-DIR/CSC/CSM/12/2024 Changes in Internal Audit
10-12-2024 B.269.e-CSC/CSM/CGC/12/2024 Requests for Explanation of Issuers and Other Public Companies
10-12-2024 B.270.e-CSC/CSM/CGC/12/2024 Request for Explanation of Issuers and Other Public Companies
10-12-2024 B.271.e-CSC/CSM/CGC/12/2024 Changes in Shareholder Structure
16-12-2024 B.4423-DIR/ALM/12/2024 Interim Cash Dividend Schedule
18-12-2024 B.4423-DIR/ALM/12/2024a Submission of Proof of Advertisement of Interim Dividend Distribution Schedule
23-12-2024 B.289.e-CSC/CSM/CGC/12/2024 Changes in Address/Telephone Number/Fax/E-Mail/Website/NPWP/NPKP
Code of Ethics
BRI has established a Code of Ethics as outlined in the BRI Board of Directors Circular Letter No. SE.09.a-DIR/KEP/03/2023 dated October
31, 2023, regarding the First Amendment to Corporate Governance Book 6 (Code of Ethics). The implementation of the Code of Ethics
serves as a fundamental value for the Company, the Board of Directors, the Board of Commissioners, and all employees in carrying out
their duties professionally. It is applied continuously and sustainably in the form of attitudes, actions, commitments, and regulations that
support the creation of a corporate culture.
774 PT Bank Rakyat Indonesia (Persero) Tbk
Page 777
2024 Annual Report
Code of Ethics Principles The elements and explanations related to the BRI Employees’
Code of Ethics are as follows:
1. Leader Commitment and Exemplary Leadership
BRI EMPLOYEES’ CODE OF ETHICS
The commitment of the leaders was reflected in the obligation of
the Board of Directors and the Board of Commissioners to declare 1. Bank Compliance with Laws, Regulatory Policies, and the Bank’s
their compliance with the Code of Ethics through the Code Internal Policies
of Ethics Statement Letter. In addition, the Board of Directors 2. The Code of Ethics as BRI Employees
and Board of Commissioners were also role models for all Insan 3. Relationship with Customers
BRILian in guiding and implementing the Code of Ethics.
4. Relationship with Competitors and Business Partners
2. Transparency
5. Interpersonal Relationships among Employees, including with
The principle of transparency was reflected in the openness
Employees of the BRI Group
and publication made by the Bank on the provisions,
6. Relationship with Regulator
implementation and violations of the Code of Ethics that
7. Relationship with the Community and the Environment
occured in BRI in accordance with applicable regulations.
3. Accountability 8. Gratification Control, Anti-Bribery, and Anti-Corruption
BRI’s responsibility as a Bank for the implementation of the Code
of Ethics, among others, was reflected in BRI’s relationship with Commitment to the Code of Ethics
customers, competitors, partners, regulators, stakeholders as
well as society and the environment. The responsibility to comply All BRI personnel, namely, Directors, Board of Commissioners
with the Code of Ethics for BRI personnel was documented in and all employees must know, understand and implement the
the Code of Ethics Statement and the application of behavior in BRI Code of Ethics in accordance with applicable regulations. All
accordance with the Code of Ethics in carrying out their duties BRI personnel were required to make a Code of Ethics Statement
and responsibilities. every year as a form of commitment in compliance with the
4. Control Company’s Code of Ethics. The Code of Ethics Statement was a
Violations of the Code of Ethics could be reported through the condition of continued employment with the Company.
Whistleblowing System (WBS) reporting tool. If based on the
results of the investigation, the violation of the Code of Ethics was Code of Ethics Socialization
proven to be true, it would be subject to sanctions in accordance
with the provisions of the BRI Disciplinary Regulations. In order to improve BRI personnel’s understanding of the
5. Surveillance Company’s Code of Ethics, BRI communicated the Code of Ethics
Monitoring and evaluation of the implementation of the Code policy to all BRI personnel, among others through:
of Ethics policy at BRI was carried out to ensure that the Code of 1. Company website.
Ethics policy at BRI has been understood by BRI personnel and 2. Landing Page on the BRISTARS application.
implemented properly, so that it could always be a guide for BRI 3. Collective Labor Agreement between the Company’s Labor
personnel. The Code of Ethics policy was also constantly being Union and the Company’s Management.
improved in accordance with the latest conditions. 4. Posters, videos and other advertising media at the Company’s
offices.
Points of The Code of Ethics 5. Materi pembelajaran online dengan tema Kode Etik pada
platform e-learning internal BRISMART.
The implementation of the Company’s Code of Ethics is divided
into the Bank’s Code of Ethics and the BRI. Throughout 2024, internal socialization of the Company’s Code
of Ethics has been carried out for all BRI employees through the
Employees’ Code of Ethics. The elements of the Bank’s Code of BRISTARS application and Digital Office, with the following themes:
Ethics consist of the following principles and explanations: Reporting Violations via the Whistleblowing System (June 2024),
Holiday Gratification (March-April 2024), Rejecting Gratification
BANK’S CODE OF ETHICS
(April-May 2024), and Conflict of Interest (July 2024).
1. Compliance with Laws and Regulatory Policies
2. The Relationship between the Bank and BRI Employees Consultation Media Code of Ethics
3. Relationship with Customers
4. Relationship with Competitors and Business Partners Consultations regarding the application of the Code of Ethics can
be made through email at: kode-etik@corp.bri.co.id.
5. Relationship with Shareholders and Investors
6. Relationship with Regulator
7. Relationship with the Community and the Environment
8. Ethics as a Business Group (BRI Group)
9. Gratification Control, Anti-Bribery, and Anti-Corruption
PT Bank Rakyat Indonesia (Persero) Tbk 775
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Corporate
Governance
Efforts to Implement and Enforce the Code Number of Violations and Sanctions Given
of Ethics
The number of internal violations that occurred during 2024 was
In an effort to uphold the code of ethics in the company, the Board as follows.
of Directors, Board of Commissioners, and all BRI employees were
committed to running the Bank’s business by applying ethics in
Number of Violations
the banking system. The realization of this commitment was
carried out in: Internal Violations Permanent Non permanent workers
1. Code of Ethics Statement Workers Contract Outsourcing
All BRI personnel must know and understand well and
declare the “Statement of Compliance with the Code of Completed 95 29 46
Ethics” every year. In Process of
0 16 15
2. Commitment of Management and All BRI Workers Completion
Commitment of management and all Employees not to Total 95 45 61
accept and give gratuities in the form of money and / or goods
related to their obligations or responsibilities published in
the mass media and the Company’s website. During 2024, The details of the sanctions given were as follows.
3. Annual Disclosure Conflict of Interest
All BRI personnel were required to make an annual disclosure
Total
of no conflict of interest every year, and all business unit are
Sanction Category Permanent Non permanent
required to submit reports on transactions/decisions that
contain conflicts of interest every month. Workers workers
4. Integrity Pact
Work termination 131 71
The signing of the integrity pact was carried out by the
procurement committee, user business unit, vendor or Written Warning 720 4
partner in the entire process of procuring goods and services
Written warning 514
at BRI. In addition, every year the Board of Directors and
Board of Commissioners sign the GCG Statement as a form Demotion 1 Grade 164
of commitment to implementing the principles of Good
Downgrade 2 Grades 45
Corporate Governance. Meanwhile, all employees sign an
Anti-Fraud and Gratification Control commitment at the Grand Total 1.574 75
BRiILiaN Improvement Forum which was held annually.
5. Whistleblowing System
All violations of BRI’s code of ethics were reported through
the Whistleblowing System (WBS) mechanism. If based on Internal Deviation (Fraud)
the results of the investigation, the violation of the Code
of Ethics was proven, it would be subject to sanctions in Anti Fraud Strategy
accordance with the provisions of BRI disciplinary violations.
Anti Fraud Strategy covered the Bank’s strategy in controlling
Types of Sanctions for Violating the Code Fraud designed to develop, implement and improve the anti Fraud
of Ethics compliance program in the Bank, by referring to the process of
Fraud occurrence and paying attention to the characteristics
and range of potential Fraud occurrence structured in a
Sanction Category
comprehensive, integralistic manner and implemented in the
Termination of Employment
form of a control system. Implementing an anti-fraud strategy
became a part of implementing risk management, especially
Written Warning
those related to aspects of the internal control system. The
Written Reprimand implementation of BRI’s anti-fraud strategy contained 4 (four)
pillars, namely:
Demotion 1 Grade
Demotion 2 Grade
776 PT Bank Rakyat Indonesia (Persero) Tbk
Page 779
2024 Annual Report
1. PREVENTION 3. INVESTIGATION, REPORTING, AND PENALTIES
The prevention pillar contained steps to reduce the potential It is part of the Fraud Control System aimed at addressing
risk of fraud, which includes at least: fraud through investigations, with the results reported to the
President Director, Board of Commissioners, and Regulators,
a. Anti Fraud Awareness
including proposals for sanctions and legal processes for the
Anti-Fraud Awareness was an effort to raise awareness
fraud perpetrators. To strengthen the function of the Third
regarding the importance of preventing fraud for all levels
Pillar, authority for conducting investigations and imposing
of the Bank organization and various parties related
sanctions has been delegated to each region to expedite the
to the Bank. Through good leadership and supported
handling of cases and recovery processes.
by high anti-fraud awareness, it was expected that
awareness could grow among all elements in the Bank
4. MONITORING, EVALUATION AND FOLLOW-UP
and various parties connected with the Bank regarding
The monitoring, evaluation and follow-up pillar contained
the importance of controlling fraud. The leadership’s
steps to carry out monitoring and evaluation and follow up
morals and awareness of anti-fraud had to animate
on fraud, including at least:
every policy or provision set. Efforts to raise anti-fraud
awareness were carried out, among others, through: a. Monitoring
1). Preparation and Socialization of Anti-Fraud One of the important steps in implementing a Fraud
Declaration control system was monitoring follow-up actions carried
2). Anti-Fraud Culture Program for Employees out on Fraud, both in accordance with the Bank’s internal
3). Fraud Awareness and Awareness Program for regulations and in accordance with statutory provisions.
Customers b. Evaluation
b. Identify Vulnerabilities To support the implementation of the evaluation, the
Vulnerability identification became a process for Bank maintained data on fraud incidents. Event data can
identifying, analyzing and assessing potential risks of be used as an evaluation tool. Based on fraud incident
fraud which could be carried out periodically or if there data and the results of the evaluation, weaknesses
were indications of fraud. and causes of fraud can be identified and necessary
c. Get to know your employees policy handling and improvement steps can be determined,
As an effort to prevent fraud, the Bank implemented including strengthening the internal control system. A
a policy of getting to know employees as an effort to comprehensive evaluation of the Fraud control system
control the HR aspect. was carried out periodically.
c. Follow up
2. DETECTION The Bank developed a follow-up mechanism based on
The detection pillar contained steps to identify and discover the results of evaluation of Fraud incidents to correct
fraud in the Bank’s business activities, which included: weaknesses and strengthen the internal control system
a. Policy and Mechanism for Handling Complaints in order to prevent the recurrence of Fraud due to similar
(Whistleblowing) weaknesses.
b. Surprise Audit
c. Monitoring System
PT Bank Rakyat Indonesia (Persero) Tbk 777
Page 780
Corporate
Governance
To support the effectiveness of implementing anti-fraud strategies, the Company has established a business unit or function tasked with
handling the implementation of anti-fraud strategies in the organization, in this case managed by the Operational Risk Division which
should be responsible to the President Director.
Number of Deviations (Internal Fraud) and Resolution Efforts
Number of Internal Fraud Incidents.
Members of the Board of
Internal Fraud in Commissioners and Members of Permanent Employees Temporary Employees
1 year the Board of Directors.
Previous Year Current Year Previous Year Current Year Previous Year Current Year
(2023) (2024) (2023) (2024) (2023) (2024)
Fraud Total - - 169 1040 4 119
Resolved - - 79 456 3 69
In the process of
Resolution within the - - 16 584 - 50
Bank’s Affairs
Resolution has not
- - 65 0 1 0
been initiated
Has been followed
up Through Legal - - 9 133 8 24
Proceedings
Notes
Internal fraud with a value exceeding IDR 100 million.
Whistleblowing System 2. Updating the management structure and evaluating the
implementation of the BRI Whistleblowing System in
In improving the implementation of Good Corporate Governance accordance with current conditions.
at BRI, the Company’s management was committed to running 3. Dissemination of communication materials related to
the company professionally based on behavior in accordance the Whistleblowing System, both to workers, vendors and
with the code of ethics and corporate culture. Therefore, if there customers.
are violations committed by BRI personnel, management has 4. Evaluate workers’ understanding regarding the
provided reporting media that is managed transparently and Whistleblowing System through e-learning
fairly, namely through the Whistleblowing System.
Submission and Media of Violation Reports
BRI’s Whistleblowing System Policy has been regulated in
the Circular Letter of the Board of Directors Number SE.09- The means of reporting the Whistleblowing System could be
DIR/ KEP/03/2023 dated March 15, 2023 regarding Corporate reported through:
Governance Book 2 regarding the Whistleblowing System. In order 1. SMS: 08118200600
to maintain the quality of Whistleblowing System management, 2. Whatsapp: 08118200600
BRI takes the following steps: 3. Written Letter: PO BOX 1895 JKP 10900
1. Evaluation of the implementation of the Corruption 4. Webmail: whistleblower@corp.bri.co.id
Crime Whistleblowing System which is integrated with the 5. Website: https://whistleblowing-system.bri.co.id
Corruption Eradication Commission.
778 PT Bank Rakyat Indonesia (Persero) Tbk
Page 781
2024 Annual Report
Reward & Punishment
BRI gave appreciation to workers who dared to report irregularities that occurred through the whistleblowing system. All whistleblowing
system reports received would be followed up effectively and efficiently while maintaining the confidentiality of the reporter. Any
violations committed in the process of managing whistleblowing system reports, whether in the form of leaking the identity of the
reporter or submitting false reports, would be followed up in accordance with applicable regulations.
Whistleblower Protection
As outlined in the company’s internal policies, BRI is committed to providing protection for whistleblowers regarding the confidentiality
of their personal data and the information reported, in order to encourage good-faith whistleblowers to report potential violations.
Protection is also guaranteed for the company’s whistleblowers with the following assurances:
1. The option to submit reports anonymously.
2. Guarantee of confidentiality for the whistleblower’s identity if the report is submitted without choosing the anonymous option.
3. Protection for internal whistleblowers from threats, pressure from superiors, delays in promotions, discrimination, termination, and
unilateral transfers.
4. Legal assistance for the whistleblower in accordance with applicable regulations.
PT Bank Rakyat Indonesia (Persero) Tbk 779
Page 782
Corporate
Governance
Whistleblowing System Reporting Procedure
Report
Code &
Password Approval
The reporter submits a report indicating
Verification of WBS report by WPS WBS Management Unit Leader/Audit
violations of the Application, SMS, WA,
Officer/Audit Committee Officer Committee Leader performs Validation
Email, and letters.
Rejected Followed up
The WBS
Management Unit/
Whistleblowing System (WBS) Updated rejection
Audit Committee
appoints the
Reporting Mechanism Flow on system Investigation
Business Unit
to conduct the
Investigation
The business unit is authorized to carry The business unit is authorized to carry
UP WBS Officer/Audit Committee
out follow-up improvements and report out follow-up improvements and report
Officer updates report status
them to the UP WBS/Audit Committee. them to the UP WBS/Audit Committee.
Violation Indication Criteria
Information on reporting indications of violations that can be submitted and followed up through the Whistleblowing System (WBS),
namely:
1. Fraud
2. Fraud/Embezzlement/Forgery/Theft
3. Gratification/Bribery/Corruption
4. Conflict of Interest
5. Violations of BRI’s accounting processes and financial reporting.
6. Violations of company regulations/procedures.
7. Ethical violations, including disclosing bank secrets for personal gain, insider actions, immoral conduct both inside and outside
the company, harassment, drug use, and involvement in prohibited societal activities.
8. Violations related to involvement in Money Laundering and Terrorism Financing committed by BRI employees.
780 PT Bank Rakyat Indonesia (Persero) Tbk
Page 783
2024 Annual Report
Management of Violation Reports
Management of Whistleblowing System reports has been carried out by the WBS Management Unit under the President Director and
monitored by the Board of Commissioners through the Audit Committee. The WBS Management Unit was responsible for managing and
following up on reports indicating violations.
Independence of Whistleblowing System Management
In maintaining independence and confidentiality in implementing the Whistleblowing System, the Business Unit appointed and given the
authority to follow up on reports indicating violations was required to:
1. Comply with BRI’s code of ethics as proven by signing a code of ethics statement and integrity pact.
2. Maintain the confidentiality of the reporter’s identity, information and documents regarding reports indicating violations.
3. Carry out duties and responsibilities as well as authority in following up on all reports indicating violations.
4. Avoid conflicts of interest in following up reports of indications of violations.
5. Record and update all activities in follow-up to reports indicating violations of the whistleblowing system.
6. Manage all whistleblowing system data and report documents and store them in a safe place.
7. In carrying out the tasks mandated, the designated business unit must prioritized the independence and confidentiality of WBS
reports and reporters.
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.
PT Bank Rakyat Indonesia (Persero) Tbk 781
Page 784
Corporate
Governance
Number of Complaints and Complaint Process Sanctions/Follow Up
Disciplinary
Punishment
During 2024 there were 48 (forty eight) WBS violation reports
Written Warning 6
containing 63 (sixty three) sub-indications of violations. The
development trend of WBS reports over the last 3 (three) years Demotion 1 Grade 2
is as follows:
Demotion 2 Grades 1
Description 2022 2023 2024 Termination of Position Penalty 43
Number of complaints 56 30 48 Formation Letter 19
63 No Disciplinary Punishment 1
Sub Indication of Violation 107 50
Total 133
Based on these data, the most frequently reported and proven
sub-indications of violations in 2024 were violations of provisions/
procedures and fraud as per the following data. Anti-Corruption Program
Status
Indication of Complaints Anti-Corruption Policy
Violation Accepted Not In
Proven
proven Progress
To prevent the practice of Corruption, Collusion, and Nepotism
Fraud 17 14 2 1 (KKN) within the company, BRI has an Anti-Corruption and Anti-
Bribery policy as outlined in the Board of Directors Circular Letter
Gratituities or
Receiving and/ 6 4 2 0 on Corporate Governance Policy No. SE.09-DIR/KEP/03/2023
or Giving Bribes dated March 15, 2023, Book 3 on Anti-Bribery and Gratification
Ethics Violations 14 12 1 1 Control, and SE.09b-DIR/KEP/03/2023 dated July 31, 2024, Book
4 on the Anti-Bribery Management System ISO 37001:2016.
Violation of
the Code of These policies serve as guidelines and the Bank’s commitment
Ethics (Including
26 16 10 0 to supporting anti-bribery and anti-corruption practices,
Violations of
Provisions and
categorized as fraudulent and fraudulent activities.
others)
Total 63 46 15 2 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
The trend in the use of WBS reporting media over the last 3 engage every BRILiaN employee in efforts to prevent and avoid
(three) years is as follows.: bribery and corruption practices. The implementation of the
Anti-Bribery and Anti-Corruption Policy and the Anti-Bribery
Reporting Media 2022 2023 2024
Management System (SMAP) Policy aims to address practices
Email 19 9 14 such as corruption, kickbacks, fraud, bribery, and/or gratification.
SMS 3 0 2
Programs and Procedures Implemented
Surat 1 1 0 To Address Corruption, Kickbacks, Fraud,
Website 18 8 17 Bribery, and/or Gratification Practices
Whatsapp 15 12 15
Anti-Bribery Management System
Total 56 30 48
In order to improve the quality of corporate governance
Sanctions/Follow Up on Complaints in 2024 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
Disciplinary following:
Sanctions/Follow Up
Punishment
1. Complying with applicable laws and regulations related to
In the process 56 anti-bribery.
2. Aligning the anti-bribery policy with the company’s
Written Warning 4
objectives.
Not guilty 1
782 PT Bank Rakyat Indonesia (Persero) Tbk
Page 785
2024 Annual Report
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 09.b-DIR/KEP/03/2023
dated July 31, 2024 concerning Corporate Governance regarding Book 4 concerning the ISO 37001:2016 Anti-Bribery Management System.
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 Division.
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 GCG Online System 2.0
Surat ke Compliance Division BRI
Human Capital System (BRIstars) Email:
Gedung BRI 2 Lantai 10,
GCG Online System 2.0 upg.bri@corp.bri.co.id
Jl. Jendral Sudirman Kav 44-46
PT Bank Rakyat Indonesia (Persero) Tbk 783
Page 786
Corporate
Governance
An explanation of the Gratification reporting mechanism is as follows.
Delivered Through
Filling in form
Directly Email Fax Letter Web Online
Submitted
Recipient of Gratification
(Reporting) 1
Delivered via UPG (7 working Delivered via UPG (30 working
2a days since the gratuity was days from when the gratuity was
2b
SK is submitted to the
received) received)
reporter (7 working days
after being determined)
GRATIFICATION STATUS APPLICATION PROCESS
4 (30 Working Days)
GRATIFICATION CONTROL UNIT
Analysis Results
5 of Report
Decree on i ii
Determination Recapitulation &
of Gratuity Review
State-owned Completeness Verification Document Review
gratification Report
(Submitted within Recapitulation &
7 working days Review (14 HK)
from the date of
the Decree
6 3 iii ii i
KPKNL
Kemenkeu
Rekening Kas Request for Data Analysis and Status Completeness
Negara and Information Determination Verification
784 PT Bank Rakyat Indonesia (Persero) Tbk
Page 787
2024 Annual Report
Implementation of Gratification Control In 2024
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 anti-
corruption 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 2024 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. Anti-Corruption Advocate Training (PELOPOR) by the Corruption 4. Policy on the Acceptance of Gratification
Eradication Commission (KPK) of Republic of Indonesia. a) Book 3 on Anti-Bribery and Gratification Control, SE.09-
BRI organized the first batch of PELOPOR as part of its DIR/KEP/03/2023 regarding Corporate Governance, which
commitment to strengthening the anti-corruption culture. regulates the definition of gratification, gratification
The series of PELOPOR educational events was designed to control strategies, the establishment of the Gratification
prepare participants for the PELOPOR certification and to Control Unit, and the reporting of gratification.
disseminate the anti-corruption culture within the workplace b) Technical Guidelines JN.102-KEP/11/2020 on the
and social environment. Application of the Good Corporate Governance (GCG)
Online System 2.0.
5. Education and Socialization Programs
The BRI Gratification Control Unit (UPG) collaborates with
BRI Corporate University to develop e-learning materials on
Gratification Control, available on the internal BRISTARS
platform, which is mandatory for all employees.
6. Signing of the Integrity Pact.
All BRI employees, including the Board of Commissioners
and the Board of Directors, are required to declare their
commitment to anti-gratification as outlined in the Code of
Ethics Statement.
7. Implementation of the Anti-Bribery Management System
(SMAP) ISO 37001.
In support of the Gratification Control program, BRI has
implemented the ISO 37001:2016 Anti-Bribery Management
System standard for the procurement of goods and services at
the Head Office and the Human Resources Assessment process.
8. Mapping of potential gratification risk areas through anti-
bribery self-assessment.
PT Bank Rakyat Indonesia (Persero) Tbk 785
Page 788
Corporate
Governance
Gratification Report in 2024 2. LHKPN Reporting Coordinator
The reporting coordinators appointed by BRI to manage
As a form of employee support for the gratification control program and monitor the The State Official Wealth Report (LHKPN)
within the company, there are 17 (seventeen) gratification reports reporting process are the Head of the Secretariat and Protocol
that have been submitted by BRI employees to the BRI UPG during Department and the Head of the Human Capital Policy and
2024. Meanwhile, there were 1 (one) reports that were forwarded Development Division. Based on the current organizational
to the Corruption Eradication Commission as gratification reports structure, there are 177 (one hundred seventy-seven) LHKPN
that must be reported. Meanwhile, 16 (sixteen) reports included Reportees who are required to report their assets to the
gratuities that were not required to be reported KPK. Among these officials, the majority have reported their
assets in accordance with the LHKPN reporting obligations.
Anti-Corruption Training/Socialization
to Employees The State Official Wealth Report (LHKPN)
Report Management Officer
Several forms of activities, educational programs and outreach
that have been carried out by UPG BRI during 2024 include: The LHKPN reports are managed and coordinated by the
1. Implementation of Anti-Bribery and Gratification Control Compliance Division, with the following scope of duties:
self-learning for all BRI employees online through BRISMART a. Providing information regarding BRI’s LHKPN to the KPK.
(BRI’s online learning platform). b. Providing socialization regarding LHKPN to the LHKPN
2. Collaboration with the Corruption Eradication Commission Reportees.
(KPK) in organizing the Anti-Corruption Advocate Training c. Managing and updating the data of LHKPN Reportees.
(PELOPOR). d. BRI Collaborating with the KPK to monitor the implementation
3. Self-learning on Anti-Corruption Culture by the Main Anti- of BRI’s LHKPN reporting obligations.
Corruption Advocate Instructors from the KPK LSP.
4. Delivery of Gratification Control and Anti-Bribery In the LHKPN reporting process, the Compliance Division is
communication materials on the Landing Page of the main supported by the Human Capital Business Partner Division in data
BRIstars page. updates and filling reminders, and by the Subsidiary Management
5. ISO 37001:2016 awareness certification on the Anti-Bribery Division to coordinate the reporting of Subsidiaries and Affiliates.
Management System for the Procurement of Goods and
Services and Human Resources Assessment processes. The State Official Wealth Report
BRI has submitted the LHKPN report for the 2023 reporting
Management of Asset Reporting of State period which will be reported in 2024 as follows.
Officials
Number Have Have not
To improve the quality of GCG implementation, BRI also complied
Position of LHKPN Reported Reported
with the Asset Reporting of State Officials regulations based on the
Mandatory Number % Number %
provisions of the Corruption Eradication Commission.
Board of Board of
Policy Commissioners
10 10 100
Commissioners
0
Directors 12 12 100 Directors 0
1. Officials who are required to report LHKPN
As a concrete form of increasing transparency, preventing BRI Employees 155 155 100 BRI Employees 0
corruption, and supporting a clean culture from corruption,
collusion, and nepotism, members of the Commissioners,
Directors, SEVP, EVP and VP at BRI are required to report their
assets in accordance with the company’s internal provisions Providing Funding for Social and/or
stipulated in the BRI Board of Directors Circular No. SE.09- Political Activities
DIR/KEP/03/2023 dated March 15, 2023 concerning
Corporate Governance Book 5 concerning the Management BRI’s social activity funding has been presented in the
State Official Wealth Report (LHKPN). The data reported in Sustainability Report. During 2024, BRI did not provide funding
the report include the position of assets before and after for political activities.
the end of office. The reporting provisions are constantly
updated to comply with applicable regulations.
786 PT Bank Rakyat Indonesia (Persero) Tbk
Page 789
2024 Annual Report
Buyback Share and Buyback Obligation Increased Profit Per Share
Buyback Share
Total Sheets of
Description
Shares
Buyback Implementation Policy
Treasury Stock as of December 31, 2023 768.144.900
As part of the capital management strategy and commitment to
Movement of Treasury Stock during 2024 141.733.400
increasing value for shareholders, BRI also focuses on enhancing
employee engagement. This is realized through the Employee Treasury Stock as of December 31, 2024 909.878.300
and/or Director and Board of Commissioners Share Ownership Total Treasury Stock 909.878.300
Program. To support this, BRI has implemented the Buyback of Total Outstanding Shares 151.559.001.604
Company Shares. This activity is carried out in accordance with
Total Outstanding Shares excluding
OJK Regulation No. 30/POJK.04/2017 and No. 29/2023 regarding Treasury Stock (Lbs) as of 150.649.123.304
the Buyback of Shares Issued by Public Companies, as well as December 31, 2024
OJK Regulation No. 2/POJK.04/2013 concerning the Buyback of
Shares in Conditions of Significantly Fluctuating Market.
Without After
The Company has carried out a Buyback in 2015 and 2020, based Description Share Impact Share
Buyback Buyback
on POJK No. 2/POJK.04/2013. All shares acquired from the
2015 Buyback and some of the shares from the 2020 Buyback
have been transferred through the Employee Share Ownership Net Profit Attributable
to the Parent (Audited
Program. In 2022, the Company conducted another Buyback 60.644 - 60.644
Consolidation December
following POJK No. 30/POJK.04/2017, which was completed on 2024) (IDR Billion)
January 26, 2023. Some of the shares from the 2022 Buyback
have been allocated for the Directors’ and Commissioners’ EPS (IDR) 398,93 0,08 399,01
share ownership program. This program is part of the variable
remuneration for the Directors and Commissioners, which
includes annual incentives, long-term incentives, and/or other Bond Buybacks
incentives paid in the form of shares.
During 2024, there will be no buybacks obligation.
In 2023, the Company carried out a Buyback following POJK
No. 30/POJK.04/2017, which was completed on September 11,
2024. The Company will gradually transfer all remaining shares Internal Dispute
from the Buyback (Treasury Stock) through the Employee and/or
Director and Board of Commissioners Share Ownership Program During 2024, no internal disputes among workers occured.
in accordance with the applicable laws and regulations.
Buyback was implemented by the Company as (i) an effort to Bank Strategic Plan
optimally manage capital; (ii) a form of commitment to increase
value for Shareholders; and (iii) efforts to increase employee Information related to the Bank’s Strategic Plan has been
engagement and/or Directors and Board of Commissioners to presented in the Bank Strategy Sub-Chapter in the Management
achieve the Company’s long-term performance targets through the Analysis and Discussion Chapter in this Annual Report.
Share Ownership Program.
Buyback Price and Number of Repurchased Shares
In 2024, BRI has conducted a Buyback of 152,798,700 shares
with an average acquisition price of Rp4,921.32. So that as of
December 31, 2024, the total treasury shares owned by BRI are
909,878,300 shares.
PT Bank Rakyat Indonesia (Persero) Tbk 787
Page 790
Corporate
Governance
Provision of Funds to Related Parties Corporate Governance (Book 1 related to Conflict of Interest
and Provision of Large Funds Management)). The basic principles for handling Conflicts of
Interest covered:
1. Prioritize public interests.
Total 2. Create openness in handling and monitoring conflicts of
Provision of
No. Nominal(IDR interest.
Fund Debtors
Million) 3. Encourage personal responsibility and exemplary attitudes.
4. Create and foster an organizational culture that is able to
1. To related parties 671 17.495.695
handle conflicts of interest.
2. To core debtors:
a. Individuals 50 158.229.350
Commitment
b. Groups 50 211.909.460 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
More detailed information regarding Provision of Funds to BRI personnel in implementing policies and disclosing conflicts
Related Parties and Provision of Large Funds has been presented of interest, including:
in the Sub-Chapter Prohibitions, Limitations and/or Significant 1. All BRI employee were required to make an annual
Obstacles to Providing Funds Between Banks and Other Entities statement (Annual Disclosure) that they had no conflict of
in a Business Group in the Management Analysis and Discussion interest regarding any decisions they have made and have
Chapter in this Annual Report. implemented the behavior determined by the company.
2. Each business unit was required to submit reports on
transactions/decisions that contained conflicts of interest.
Transactions with Conflicts of Interest
Socialization
A conflict of interest is a condition/situation in which a person,
because of the position or authority held by BRI, has a personal BRI disseminated GCG policies and conflicts of interest to BRI
interest which can affect the quality and performance of carrying employees through educational programs, in-house training and
out their mandated tasks objectively. Bank BRI has a conflict online learning, and conflict of interest statements made by each
of interest policy As outlined in the Director’s Circular Letter BRI employee.
No. SE.09-DIR/KEP/03/2023, dated March 15, 2023, regarding
Conflict of Interest Transaction Report in 2024
Name and Position of Party Who Has a Name and Position Transaction Value
Transaction Type Information *)
Conflict of Interest of Decision Maker (millions of Rupiah)
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).
788 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Policies related to insider trading activities stipulate that: or Services for PT Bank Rakyat Indonesia (Persero) Tbk (Book
1. Every BRI employee had to avoid taking personal actions 11). Currently, BRI is developing a Vendor Management System
that benefit from “inside information” or insider information application that is integrated with the BRISMILE application,
obtained from their position, even though this information is where the application includes the process of registering and
not open to the public. selecting prospective vendors, monitoring, vendor maintenance
2. All BRI personnel did not use confidential information and and evaluating vendor performance so that BRI has a competent
company business data for purposes outside the company. vendor database to support procurement implementation. BRI
3. All BRI personnel were prohibited from carrying out all goods and/or services.
activities related to insider trading refering to illegal activities
in the financial market environment to seek profit carried BRI Procurement Policy for Goods
out by utilizing internal information, for example published and/or Services
company plans or decisions/corporate actions.
4. Violations of the above activities can be subject to disciplinary As a State-Owned Enterprise, in carrying out the procurement of
sanctions in accordance with those applicable at BRI. goods and/or services, PT Bank Rakyat Indonesia (Persero) Tbk
adheres to the provisions set by the Board of Directors, which
In supporting good corporate governance practices, all BRI are based on the Regulation of the Minister of State-Owned
personnel were required to make an annual statement (Annual Enterprises Number PER-02/MBU/03/2023 dated March 3,
Disclosure) including disclosure of insider trading transactions 2023. These provisions set by the Board of Directors regarding
carried out by BRI personnel. Throughout 2023 there will be no the implementation of goods and/or services procurement are
insider trading. effective starting from 2023 and replace the previous provisions
that had been in effect since 2011. The provisions are mandatory
guidelines for all BRI units.
Transparency of Financial and Non-
Financial Conditions General Principles for Procurement of Goods
and/or Services
BRI Bank transparently published the company’s financial
and non-financial conditions and reports to regulators in In BRI’s procurement provisions, there are several general
accordance with applicable regulations. Publication of financial principles that must be applied in the procurement process,
and nonfinancial conditions was conveyed to the public either including:
through print media or the company website (www.bri.co.id/ 1. Efficiency
report) as follows: Procurement of goods and/or services must aim to achieve
1. Monthly Financial Report submitted to the regulator and optimal and best results in a short time using funds and
published on the company website. capabilities as optimally as possible in a fair manner, not
2. Quarterly Financial Reports submitted to regulators and solely based on the lowest price. For strategic procurements
published in print media and company websites. with significant value, a total cost of ownership approach
3. Annual report submitted to regulators and published in print may be used.
media and on the company website. 2. Effectiveness
4. Corporate governance information includes: Procurement must meet the established needs, be timely,
a. Vision and mission of the company and provide benefits in line with the set objectives.
b. Composition and profile of the Board of Commissioners 3. Competitiveness
c. Composition and profile of the Board of Directors Procurement must be open to vendors who meet the
d. Implementation of BRI Governance requirements and conducted through healthy competition
5. Transparency of Bank product information delivered through among eligible vendors based on clear and transparent rules
print, electronic media and the company website. and procedures.
4. Transparency
All rules and information regarding procurement, including
Procurement of Goods and Services technical administrative requirements, evaluation
procedures, evaluation results, and vendor selections, must
The Company has a policy regarding BRI Vendor Management be open to interested suppliers.
as regulated in the Directors’ Circular Letter Number SE.18-
DIR/PLM/05/2023 concerning the Procurement of Goods and/
PT Bank Rakyat Indonesia (Persero) Tbk 789
Page 792
Corporate
Governance
5. Fairness Vendor Management
All qualified vendors must be treated equally.
6. Opennes According to the General Policy of Fixed Assets Management &
Procurement can be participated by all vendors who meet Procurement at BRI, vendors participating in the procurement
the established requirements. process at BRI must have a Vendor Registration Certificate (SKT).
7. Accountability To obtain SKT, vendors need to be managed professionally,
Procurement must achieve the goals and be accountable, considering feasibility and risks, to ensure that BRI has access
ensuring no potential misuse or deviation. to vendors who can deliver the required quality and availability
effectively and efficiently.
The company has a policy regarding Vendor Management
as outlined in the Director’s Circular Letter No. SE.18-DIR/ The due diligence stages to ensure the quality of registered
PLM/05/2023 concerning the Procurement of Goods and/ vendors are as follows:
or Services for PT Bank Rakyat Indonesia (Persero) Tbk (Book 1. Managing vendor registration online via https://tdronline.bri.
11). Currently, BRI is developing a Vendor Management System co.id.
application integrated with the BRISMILE application, which 2. Receiving vendor registration and conducting pre-screening
includes the process of registering and selecting vendors, of mandatory registration documents.
monitoring, vendor maintenance, and performance evaluation to 3. Verifying the compliance of the registration documents
ensure a competent vendor database to support the procurement submitted by the vendor.
process. 4. Conducting on-site visits to vendor locations to ensure
document legitimacy, truthfulness, and business feasibility.
Ethics in Procurement of Goods If necessary, visits may be made to the vendor’s factory,
and/or Services warehouse, or representative office.
5. Evaluating vendor risk ratings according to applicable
In addition to adhering to the procurement principles, parties regulations.
involved in the procurement process must also sign an Integrity 6. Analyzing the feasibility of the vendor based on verification
Pact according to the established format and comply with the results, on-site visits, and risk rating assessments.
procurement ethics as follows: 7. Issuing a Vendor Registration Certificate (SKT) for vendors
1. Perform duties orderly, with responsibility to achieve approved for partnership with BRI.
objectives, smoothness, and the accuracy of procurement
goals. Periodic evaluations are carried out for BRI vendors, including
2. Work professionally and independently based on honesty, after the completion of work or when applying for a vendor
maintaining the confidentiality of procurement documents renewal. This is to determine the continuation of the vendor’s
to prevent deviations in the procurement process. partnership with BRI.
3. Do not influence each other, directly or indirectly, to prevent
unhealthy competition. If a vendor is found to have violated procurement ethics or the
4. Accept and take responsibility for all decisions made procurement procedures, they may face one or more of the
according to agreements between parties. following sanctions and/or penalties:
5. Avoid and prevent conflicts of interest, directly or indirectly, 1. Issuance of a Warning Letter;
that may lead to unhealthy business competition in the 2. Prohibition from participating in BRI procurement for a
procurement process. specified period;
6. Prevent wastage and leakage of BRI finances in procurement. 3. Liquidation of any guarantees submitted;
7. Prevent abuse of authority or conduct activities for personal, 4. Inclusion in the BRI Vendor Blacklist.
group, or third-party gain that may harm BRI.
8. Do not accept, offer, or promise to give or receive gifts, As of December 2024, there are 334 vendors registered with an
rewards, or any form of compensation to anyone who is SKT. During 2024, BRI processed the issuance of 169 SKTs (new
known or reasonably suspected to be connected to the and renewals).
procurement of goods and/or services.
790 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
Implementation of Sustainable Finance, Including Implementation of Social
and Environmental Responsibility
As a form of BRI’s support for Sustainable Finance, BRI has a roadmap and strategy in the field of Environment, Social and Governance
(ESG) in both operational and business activities of the Bank. BRI consistently maintains good company performance in implementing
Sustainable Finance and contributing to achieving Sustainable Development Goals (SDGs). Efforts to accelerate this achievement are
carried out through aligning corporate strategy, fulfilling stakeholder expectations and initiating ESG that refers to national, regional
and global standards.
Detailed information regarding the Implementation of Sustainable Finance, including the Implementation of Social and Environmental
Responsibility is explained in the 2024 BRI Sustainability Report.
Implementation
of Integrated Governance
Regulation No. 45/POJK.03/2020 dated October 16, 2020
Considering that BRI has ownership relationships with several
concerning Financial Conglomerates (Currently in the
other Financial Services Institutions, BRI has formed a Financial
process of adjustment).
Conglomerate in which BRI is the Parent Entity of the BRI
6. The OJK Circular Letter No. 14/SEOJK.03/2015 dated May
Financial Conglomerate with 9 (nine) Subsidiaries, which are
25, 2015 concerning the Implementation of Integrated Risk
Financial Services Institutions that are members of the BRI
Management for Financial Conglomerates.
Financial Conglomerate.
7. The OJK Circular Letter No. 15/SEOJK.03/2015 dated May
25, 2015 concerning the Implementation of Integrated
To ensure the effective implementation of governance both
Governance for Financial Conglomerates.
individually and in relation to the governance implementation
within the Financial Conglomerate, the BRI Financial
Conglomerate applies Integrated Governance. In the implementation of Integrated Governance, the BRI
Financial Conglomerate has internalized the relevant regulations
The implementation of Integrated Governance within the into the General Policy of Integrated Governance for the
BRI Financial Conglomerate is carried out in accordance with Financial Conglomerate and outlined the technical provisions in
regulations, including: the Circular Letter on Compliance and Integrated Governance for
1. Regulation of the Minister of State-Owned Enterprises the Financial Conglomerate, namely:
Number PER-2/MBU/03/2023 dated March 3, 2023 1. General Policy Number: KU.02-DIR/KEP/10/2023 dated
concerning Guidelines for Governance and Significant October 10, 2023, Book 2: Integrated Governance for BRI
Corporate Activities of State-Owned Enterprises. Financial Conglomerate
2. The OJK Regulation No. 17/POJK.03/2014 dated November 2. Circular Letter Number: SE.09.b-DIR/KEP/03/2023 dated
18, 2014 concerning the Implementation of Integrated Risk July 31, 2024, Book 8: Implementation of Compliance and
Management for Financial Conglomerates. Integrated Governance for the Financial Conglomerate
3. The OJK Regulation No. 18/POJK.03/2014 dated November
18, 2014 concerning the Implementation of Integrated In general, the implementation of Integrated Governance is
Governance for Financial Conglomerates. carried out in terms of:
4. The OJK Regulation No. 1/POJK.03/2019 dated January 1. Integrated Governance Structure
28, 2019 concerning the Implementation of Internal Audit 2. Integrated Governance Process
Functions in Commercial Banks. 3. Results of Integrated Governance
5. The OJK Regulation No. 30 of 2024 dated December 23,
2024 concerning Financial Conglomerates and Financial
Conglomerate Holding Companies which revokes The OJK
PT Bank Rakyat Indonesia (Persero) Tbk 791
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Corporate
Governance
The implementation of Integrated Governance for the Financial Conglomerate at BRI is based on the following framework:
POJK No.18/POJK.03/2014
Legal Implementation of Integrated Governance Outcome
Foundation Governance for Financial Expected results in the implementation of
Conglomerates governance at BRI as a conglomerate
GOVERNANCE OUTCOME CREDIBILTY
GOVERNANCE STRUCTURE GOVERNANCE PROCESS
GMS Integrated Compliance and Governance
Board of Commissioners and Committees Integrated Risk Management
Communication
Supervision
Reporting
Integrated Internal Audit
Board of Directors and Committees
Strategic Planning and Performance Management
Managing Director (Applicable only in Parent Company)
Policy Formulation and Alignment
Integrated Business Units and PA Management Business
Units (SKAIT, SKMRT, SKKT, SBM) Stakeholder Relations
COMMITMENT
Articles of Association, Code of Corporate Culture and
Vision, Mission and Values Strategic Plan Conduct (Code of Ethics) and Discipline Enforcement
other applicable provisions
GOVERNANCE PRINCIPLES
Transparency Accountability Responsibility Independency Fairness
Governance Principles Governance Process
The principles that form the basis for the implementation of
governance
Commitment
Governance Structure The company’s commitment to uphold the
Governance implementation structure (implementers and infrastructure) implementation of governance
The Integrated Governance Framework at BRI comprises five The Integrated Governance Structure within the BRI Financial
Conglomerate consists of the Integrated Governance Organs
main pillars: Principles, Commitment, Governance Structure,
at BRI and its Financial Conglomerate Members, along with
Governance Process, and Governance Outcome, referring to the
related integrated governance policies. The explanation of the
OJK Regulation No. 18/POJK.03/2014 dated November 18, 2014,
integrated governance organs are as follows:
on the Implementation of Integrated Governance for Financial a. Integrated Governance Organs of the Parent Entity, which
Conglomerates. include the General Meeting of Shareholders (RUPS), the
Board of Directors and the Board of Commissioners of the
The implementation of Integrated Governance is based Parent Entity, the Integrated Governance Committee, the
on governance principles, which include Transparency, Board of Directors Committee (including the Integrated Risk
Accountability, Responsibility, Independence, and Fairness, Management Committee and the Capital and Investment
as well as the company’s commitment reflected in its Vision, Committee), the Integrated Compliance Unit, the Integrated
Mission, and Core Values; Strategic Business Plan; Articles of Risk Management Unit, the Integrated Audit Unit, and the Unit
for Managing Subsidiaries.
Association and Code of Ethics; and Corporate Culture.
792 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
b. Integrated Governance Organs of the Members of the BRI Financial Conglomerate, which include the General Meeting of Shareholders
(RUPS), the Board of Commissioners, and the Board of Directors of the Financial Conglomerate Members of BRI.
Self Assessment of the Implementation of Integrated Governance
Self-assessment of the implementation of Integrated Governance of the BRI Financial Conglomerate has been carried out every semester
by referring to Financial Services Authority Circular Letter No. 15/SEOJK.03/2015 dated May 25, 2015 concerning the Implementation of
Integrated Governance for Financial Conglomerates.
The assessment of the implementation of Integrated Governance has been carried out on 3 (three) aspects of Integrated Governance,
namely the structure, process and results of Integrated Governance on at least 7 (seven) assessment factors for the implementation of
Integrated Governance, namely:
1. Implementation of the duties and responsibilities of the Main Entity Board of Directors.
2. Implementation of the duties and responsibilities of the Board of Commissioners of the Main Entity.
3. Duties and responsibilities of the Integrated Governance Committee.
4. Duties and responsibilities of the Integrated Compliance Unit.
5. Duties and responsibilities of the Integrated Internal Audit Business Unit.
6. Implementation of Integrated Risk Management.
7. Preparation and implementation of Integrated Governance Guidelines.
The self-assessment results for the implementation of Integrated Governance in 2024 are as follows:
Assessment Period Ranking Explanation
Semester I 2024 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 Governance, in general, these weaknesses are not significant and
can be resolved with normal actions by the Parent Entity and/or Financial Services
Institutions (LJK).
Semester II 2024 Rank 2 (Good)
The BRI Financial Conglomerate has implemented Integrated Risk Management Unit have been conducted in accordance with
Governance which is generally “Good”, reflected in the adequate applicable regulations. The Integrated Governance Committee
fulfillment of aspects of structure, process and results. carries out the monitoring and evaluation of integrated
audit reports, integrated compliance reports, integrated risk
From the structural aspect, BRI and the Members of the BRI management reports (including integrated risk profiles), and the
Financial Conglomerate have implemented integrated governance implementation of Integrated Governance within BRI. Monitoring
based on the General Policy on Integrated Governance for the and evaluation are carried out, among other ways, through the
BRI Financial Conglomerate, in accordance with BRI’s Board of regular meetings of the Integrated Governance Committee
Directors Decree No. KU.02-DIR/KEP/10/2023 dated October 10, (KTKT), exceeding the number of meetings prescribed in the
2023. The general policy held by the BRI Financial Conglomerate regulations. Furthermore, the integrated compliance unit,
has accommodated the concerns of the Board of Commissioners integrated risk management unit, integrated internal audit unit,
regarding the implementation of Integrated Governance within and subsidiary management business unit monitor and evaluate
the BRI Financial Conglomerate and has been approved by the implementation of compliance, risk management, internal
the Board of Commissioners and the Board of Directors of BRI. audits, and performance management of each Financial Services
Additionally, updates and adjustments to the membership of the Institution (LJK) within the BRI Financial Conglomerate.
Integrated Governance Committee have been made through the
Decree No. Nokep: 15-KOM/BRI/11/2024 dated November 11, In terms of results, BRI and BRI KK Member LJKs have submitted
2024, regarding the Composition of the Integrated Governance quarterly, semi-annual and annual reports as regulated in the
Committee of PT Bank Rakyat Indonesia (Persero) Tbk. Integrated Governance Guidelines related to the implementation
of integrated governance, integrated compliance, integrated
From the process aspect, the monitoring and evaluation internal audit and integrated risk management in a timely manner.
processes carried out by the Board of Commissioners, Board Additionally, several Financial Services Institutions (LJK) within the
of Directors, Integrated Governance Committee, Integrated BRI Financial Conglomerate have participated in an assessment of
Compliance Unit, Integrated Internal Audit Unit, and Integrated the quality of governance implementation by an independent party,
PT Bank Rakyat Indonesia (Persero) Tbk 793
Page 796
Corporate
Governance
The Indonesian Institute for Corporate Governance (IICG). This was part of the Corporate Governance Perception Index (CGPI) 2023 research
and ranking program, which took place in 2024. As a result, three companies, PT Bank Rakyat Indonesia (Persero) Tbk, PT Pegadaian, and PT
Asuransi BRI Life, achieved the “Highly Trusted” rating, 4 (four) companies, namely PT Permodalan Nasional Madani, PT. Bank Raya Indonesia,
Tbk, PT BRI Asuransi Indonesia, and PT. BRI Danareksa Sekuritas were rated as “Trusted” companies.
Furthermore, the BRI Financial Conglomerate has become a benchmark reference for other companies in the implementation of integrated
governance. During 2024, three benchmark agendas were held, involving State-Owned Enterprises (BUMN) and subsidiaries of BUMN.
Integrated Governance Maturity Level
BRI has carried out measurement of the level of maturity of the Integrated Governance of the BRI Financial Conglomerate for 2023
which was carried out in 2024 with the results of a maturity level of 3.86 on a scale of 5 which illustrates that the structure and process
of implementing Integrated Governance are adequate and in accordance with the provisions and the results of the management of the
Financial Conglomerate have been effectively implemented.
Structure & Process
1
GCG Implementation 5,00 Relationship with
and Change 8 2 Parties with Financial
Management 4,00 4,24 Claims
3,00
3,51 3,52
2,00
1,00
0,00
7 3,75 3,90 3
Stakeholder Relations Financial Transparency
Disclosure of
Information and
Effectiveness of
Internal Control
4,02 3,60
3,70
Quality of Strategic Relationship with
6 4
Planning Parent Company
5
Effectiveness of Risk Management
and Compliance
2021 2022 2023 Target Maturitas
The maturity level of Integrated Governance within the BRI Financial Conglomerate has shown improvement compared to the previous
period.
794 PT Bank Rakyat Indonesia (Persero) Tbk
Page 797
2024 Annual Report
Average Governance Maturity of Financial Services
BRI Governance Maturity Integrated Governance Maturity of BRI
Institutions (LJK) within BRI's KK
4.30 3,86 3.86
Building Block 2022 2023
Structure & Process 4.16 4.24
Relationship with Parties Having Financial Claims 3.49 3.52
Financial Transparency, Information Disclosure & Effectiveness of Internal Controls 3.61 3.90
Relationship with Parent Company and Group Synergy 3.55 3.60
Effectiveness of Risk Management and Compliance 3.59 3.70
Quality of Strategic Planning 4.02 4.02
Relationship with Stakeholders 3.70 3.75
Implementation of GCG (Good Corporate Governance) and Change Management 3.46 3.51
Integrated Governance Maturity Value 3.77 3.86
Financial Conglomeration Structure and Ownership Structure of the BRI Financial
Conglomeration
The membership structure of BRI’s Financial Conglomerate is established through the Board of Directors’ Decree No. B.2110-DIR/
SBM/12/2022 dated December 19, 2022, regarding the Establishment of the Main Entity and Members of the Financial Conglomerate of
PT Bank Rakyat Indonesia (Persero) Tbk. The structure of BRI’s Financial Conglomerate as of December 31, 2024, is as follows:
FINANCIAL
CONGLOMERATION
PT Bank Raya Indonesia Tbk 86,85% 99,99% PT Pegadaian
PT Asuransi BRI Life 51,00% 99,99% PT Permodalan Nasional Madani
PT BRI Multifinance Indonesia 99,88% 65,00% PT BRI Manajemen Investasi
PT BRI Asuransi Indonesia 90,00% 99,97% PT BRI Ventura Investama
67,00% PT BRI Danareksa Sekuritas
PT Bank Rakyat Indonesia (Persero) Tbk 795
Page 798
Corporate
Governance
In detail, information related to the structure of the BRI Financial Conglomeration (KK) is as follows:
Field of Investment Date
Entity Name Business (Majority) BRI
% Shares Address
Government: 53.19% Jl. Jenderal Sudirman Kav.44-46
BRI Primary Entity Commercial Banks -
Public: 46.81% Jakarta
Menara BRILian
BRI: 86.85% Lantai 18 dan 20
Bank Raya Commercial Banks 03/03/2011
Public: 13.15% Jl. Gatot Subroto No.177 A
Jakarta 12870
Graha BRI Insurance
General Insurance BRI: 90%
BRI Insurance 26/09/2019 Jl. Mampang Prapatan Raya No 18
Company BRI YKP: 10%
Jakarta Selatan 12790
Graha Irama
BRI : 51% Jl. H. R. Rasuna Said Blok X-1 Kav. 1-2,
Perusahaan
BRI Life 29/12/2015 FWD: 44% Kuningan Tim., Kecamatan Setiabudi,
Asuransi Jiwa
BRI YKP : 5% Kota Jakarta Selatan, Daerah Khusus
Member of the
Ibukota Jakarta 12950
BRI Financial
Conglomeration
Securities
BRI Danareksa Companies and BRI: 67% Gedung BRI II Lantai 23, Jl. Jenderal
21/12/2018
Sekuritas Underwriters and Danareksa (Persero): 33% Sudirman Kav. 44-46, Jakarta 10210
Securities Brokers
Menara BRILian Lantai GF, 21, 22
Financing BRI: 99.88%
BRI Finance 30/09/2016 Jl. Gatot Subroto No. 177A Kav. 64
Company BRI YKP: 0.12%
Jakarta
District 8 Office, Prosperity Tower Lt 16
Venture Capital BRI: 99.97% Unit F, SCBD Lot 28 Jl Jend Sudirman
BRI Ventures 20/12/2018
Company BRI YKP: 0.03% Kav 52-53 Senayan Kebayoran Baru
Jakarta 12190
Jl. Kramat Raya No.162, RT.2/RW.2, Kel.
BRI: 99.99%
Pegadaian Pawn Company 13/09/2021 Kenari, Kec. Senen, Kota Jakarta Pusat,
Government: 0.01%
Daerah Khusus Ibukota Jakarta 10430
Financing BRI: 99.99% Menara PNM
PNM 13/09/2021
Company Government: 0.01% Jl. Kuningan Mulia, Kuningan Center
Securities
BRI Manajemen Company BRI: 65% Gedung BRI II Lantai 22, Jl. Jenderal
30/11/2022
Investasi Investment Danareksa (Persero): 35% Sudirman Kav. 44-46 Jakarta 10210
Manager field
Management Structure of the Main Entity and Members of the BRI Financial
Conglomeration Position December 31, 2024
The composition of the Board of Commissioners, Board of Directors, and Sharia Supervisory Board of BRI and BRI Financial Conglomeration
Members can be found in the chapter on Company and Subsidiary Profiles.
Composition of Bri Integrated Governance Committee as of December 31, 2024
The Integrated Governance Committee within the BRI Financial Conglomeration is a supporting body for the Main Entity’s Board of
Commissioners in supervising the implementation of Integrated Governance within the BRI Financial Conglomeration. The composition
of the Integrated Governance Committee consists of:
1. An Independent Commissioner who serves as the Chair of one of the Board of Commissioners’ Committees of the Main Entity, as Chair.
2. An Independent Commissioner representing and appointed from each Member of the BRI Financial Conglomeration, as a Member.
3. An Independent Party, as a Member.
4. A member of the Sharia Supervisory Board from each member of the BRI Financial Conglomeration, as a Member if they have sharia
business activities.
796 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
In accordance with Decision Letter No. 15-KOM/BRI/11/2024 dated November 11, 2024, concerning the Membership Composition of the
Integrated Governance Committee of PT Bank Rakyat Indonesia (Persero) Tbk, the composition of the Integrated Governance Committee
as of December 31, 2024, is as follows:
No. Name Position Description
1 Paripurna P. Sugarda Chairman Independent Commissioner of BRI1
2 Kartika Wirjoatmodjo Member President Commissioner of BRI1
3 Rofikoh Rokhim Member Vice President Commissioner/Independent Commissioner of BRI1
4 Dwi Ria Latifa Member Independent Commissioner of BRI1
5 Heri Sunaryadi Member Independent Commissioner of BRI1
6 Haryo Baskoro Wicaksono Member Independent Commissioner of BRI1
7 Tedi Nurhikmat Member Independent Party of BRI1
8 Tjondro Prabowo Member Independent Party of BRI1
9 Maria Ulpah Member Independent Party of BRI1
10 Johanes Kuntjoro Adisardjono Member Independent Commissioner of Bank Raya Indonesia2
11 Ayahanita K. Member Independent Commissioner of BRI Asuransi Indonesia2
12 Abdul Ghoni Member Sharia Supervisory Board of BRI Asuransi Indonesia2
13 Eko Wahyudi Member Independent Commissioner of PT Asuransi BRI Life2
14 Mohammad Hidayat Member Supervisory Board of PT Asuransi BRI Life2
15 Donsuwan Simatupang Member Independent Commissioner of BRI Danareksa Sekuritas2
16 Diah Defawati Ade Member Independent Commissioner of BRI Multifinance Indonesia2
17 Agoosh Yoosran Member Independent Commissioner of BRI Ventura Investama2
18 Yudi Priambodo Purnomo Sidi Member Independent Commissioner of Pegadaian2
Member Independent Commissioner of Permodalan Nasional Madani
19 Nurhaida
Member Member of the Sharia Supervisory Board of Permodalan Nasional Madani
Member Independent Commissioner of BRI Investment Management
20 Kahlil Rowter
Member of the Sharia Supervisory Board of BRI Investment Management
Description :
1) Members of the Integrated Governance Committee who are included in the Voting Members
2) Members of the Integrated Governance Committee who are included in the Non-Voting Members
Duties and Responsibilities of BRI’s Integrated Governance Organs
Based on OJK Regulation No.18/POJK.03/2014 dated November 18, 2014 concerning the Implementation of Integrated Governance for
Financial Conglomerates and Regulation of the Minister of State-Owned Enterprises Number PER-2/MBU/03/2023 of 2023 concerning
Guidelines for Governance and Significant Corporate Activities of State-Owned Enterprises and referring to the General Policy on
Integrated Governance for BRI Financial Conglomerates, all Integrated Governance organs in the Main Entity and LJK Members of the
Financial Conglomerate have duties and responsibilities related to the implementation of Integrated Governance, namely as follows:
Main Entity Board of Commissioners
In implementing Integrated Governance, BRI’s Board of Commissioners has duties and responsibilities, including:
1. Oversee the implementation of Integrated Governance among Financial Services Institutions Members of the BRI Financial
Conglomerate so that it is in line with the Main Entity Risk Management policy.
2. Supervise the implementation of Integrated Governance in all BRI financial conglomerate Financial Services Institutions in
accordance with the General Policy on Integrated Governance and its derivative policies.
3. Supervise the implementation of the duties and responsibilities of the Main Entity Directors, as well as provide direction or advice to
the Main Entity Directors regarding the implementation of Integrated Governance policies which include aspects including:
a. Integrated Compliance;
b. Integrated Risk Management;
c. Integrated Internal Audit;
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9. Ensure the implementation of synergy within the BRI
d. Strategic Planning and Performance Management;
Financial Conglomeration environment between BRI
e. Policy Formulation and Alignment; and and Financial Conglomeration Members and/or between
f. Relationships with Stakeholders. Financial Conglomeration Members.
Based on reporting by the Director and/or Head of the relevant 10. Ensure that audit findings and recommendations from the
Business Unit as well as the results of evaluations carried out by integrated internal audit business unit, external auditors, OJK
the Integrated Governance Committee every semester. supervision results and/or other authorities are followed up by
4. Evaluate the Integrated Governance Guidelines and provide the Main Entity and Members of the BRI Financial Conglomerate.
direction and recommendations in order to improve the 11. Carry out other duties and responsibilities related to the
Integrated Governance Guidelines. management of Financial Conglomeration Members in
5. Oversee the implementation of Internal Audit for Financial accordance with the provisions of the Articles of Association,
Conglomeration Members so that it is in line with the Main GMS Resolutions, Board of Commissioners Work Procedure
Entity’s Internal Audit policy. Guidelines, and applicable laws and regulations.
6. Carry out supervision over the implementation of other
Integrated Governance functions in accordance with the
Integrated Governance Committee
provisions of laws and regulations, the articles of association
In implementing Integrated Governance, the BRI Integrated
and/or decisions of the GMS/Capital Owners.
Governance Committee has duties and responsibilities, including:
7. Conduct evaluations and provide recommendations to
each Financial Services Institution of the BRI Financial 1. Evaluate the implementation of integrated governance
Conglomerate based on reports and evaluations submitted through an assessment of the adequacy of internal
by the Director and/or Head of Business Unit related to BRI control, implementation of compliance functions and
and the results of evaluations carried out by the Integrated implementation of integrated risk management, as well as
Governance Committee every semester. the implementation of other relevant integrated aspects,
8. Supervise, evaluate and ensure that the Integrated including the fulfillment of sharia principles from Financial
Governance Committee carries out its duties effectively. Conglomerate LJKs that have sharia businesses.
9. Provide approval for actions within the scope of authority of 2. Provide recommendations to the Board of Commissioners
the Board of Commissioners in accordance with BRI’s Articles
of the Main Entity for improvements to the Integrated
of Association relating to the management of BRI Financial
Governance Guidelines if necessary.
Conglomeration Members.
3. Provide strategic input to the Board of Commissioners of the
10. Carry out other duties and responsibilities related to the
management of BRI Financial Conglomerate Members in Main Entity to be submitted to the Board of Directors of the Main
accordance with the provisions of the Articles of Association, Entity regarding the implementation of Integrated Governance.
GMS Resolutions, Board of Commissioners Work Procedure 4. Submit the evaluation results of the Self-Assessment Report
Guidelines, and applicable laws and regulations. on the Implementation of Integrated Governance (Self-
Assessment) every semester to the Directors of the Main Entity.
Main Entity Directors 5. Submit the evaluation results of the Annual Report on the
In implementing Integrated Governance, the Directors of the Implementation of Integrated Governance to the Main
Main Entity have duties and responsibilities, including: Entity’s Board of Directors.
1. Prepare and refine the Integrated Governance Guidelines
6. Communicate with the Integrated Business Unit through the
based on the direction and/or recommendation of the Main
relevant Directors in charge of the function, to obtain the
Entity’s Board of Commissioners.
necessary information, clarification and reports.
2. Direct, monitor and evaluate the implementation of the
Integrated Governance Guidelines.
3. Follow up on directions or advice from the Entity’s Integrated Compliance Unit
Board of Commissioners in the context of evaluating the In implementing Integrated Governance, the Integrated
implementation of Integrated Governance. Compliance Unit has duties and responsibilities, including:
4. Monitor and evaluate the implementation of integrated 1. Monitor and evaluate the implementation of the compliance
governance including integrated compliance, integrated function at each Financial Service Institution in the Financial
internal audit, integrated risk management, performance of Conglomerate.
Subsidiary Companies, as well as other integrated aspects. 2. Provide input to the Main Entity Compliance Director in
5. Provide direction and recommendations for the implementation
implementing the compliance function within the BRI
of Integrated Governance including performance evaluation.
Financial Conglomerate.
6. Ensure alignment of strategic plans between the Main Entity
3. Submit recommendations for improving the implementation
and BRI Financial Conglomerate Members.
7. Holding a GMS in the event that there is a corporate action of the compliance function at the BRI Financial Conglomerate
or other matter related to the management of the Subsidiary of Financial Service Institution based on the results of
Company which is required to obtain a GMS decision. the evaluation report on the duties and responsibilities of
8. Prepare BRI’s Long Term Plan and Company Work and the Compliance Unit in each member of the BRI Financial
Budget Plan, including those relating to the management of Conglomeration.
Financial Conglomeration Members.
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4. Carry out and coordinating the implementation of the 9. Monitoring the maximum limit for lending and providing
Integrated Governance Self-Assessment every semester in funds for the BRI financial conglomerate.
the context of reporting to the OJK. 10. Conduct integrated capital adequacy studies and analyzes in
5. Submit the Annual Report on the Implementation of order to fulfill regulatory requirements and report them to
Integrated Governance to the regulator in a timely manner. RMCT.
6. Periodically assess the level of maturity in implementing the 11. Carry out integrated stress testing simulations to determine
compliance function at the BRI Financial Conglomerate of BRI Group’s resilience in facing crisis conditions.
Financial Service Institution. 12. Prepare and submit integrated risk profile/composition reports
7. Conduct and coordinate the implementation of evaluations to the President Director or Director of Risk Management for
of the BRI Financial Conglomerate’s Integrated Governance Financial Conglomeration of Financial Service Institution BRI
Policy. and RMCT periodically or at least semi-annually.
8. Convey the latest relevant provisions/regulations to 13. Report integrated risk and capital profiles to regulators in a
members of the BRI Financial Conglomerate for information timely manner.
and for follow-up. 14. Conduct internal and external studies to provide an overview
9. Prepare and submit a report on the results of the of the impact on business and operations in order to
evaluation of the implementation of the duties and anticipate emerging risks.
responsibilities of the Integrated Compliance Function to 15. Carry out an assessment maturation of the implementation of
the BRI Compliance Director or the Director appointed to the risk management function at the BRI Financial Conglomerate
carry out supervisory functions over members of the BRI of Financial Service Institution on a periodic basis.
Financial Conglomerate. 16. Evaluate the implementation of the risk management
10. Communicate and coordinate with the Compliance Unit of function at the Financial Conglomerate of Financial Service
members of the BRI Financial Conglomeration periodically, at Institution periodically as part of the implementation of
least 2 (two) times a year in order to carry out their duties. Integrated Governance.
11. Coordinate with the Compliance Unit of members of the BRI 17. Support and assess Integrated Risk Management factors
Financial Conglomeration in the event that there is an escalation which are part of the Integrated Governance Self-Assessment
of problems related to compliance that require the support of which is coordinated by the Integrated Compliance Unit on a
the Main Entity in resolving them. semi-annual basis.
18. Provide information to RMCT regarding matters that need to
Integrated Risk Management Business Unit be followed up according to the results of the evaluation of
In implementing Integrated Governance, the Integrated Risk the implementation of Integrated Risk Management.
Management Business Unit has duties and responsibilities, 19. Coordinate with the Risk Management Business Unit of
including: members of the BRI Financial Conglomeration in the event that
1. Provide input to the Board of Directors in preparing policies, there is an escalation of problems related to risk management
strategies and Risk Management frameworks. that require the support of the Main Entity in resolving them.
2. Provide input to RMCT in the context of preparing and 20. Review proposed new business lines that are strategic
improving Integrated Risk Management policies. in nature and have a significant impact on Financial
3. Develop procedures and tools for risk identification, Conglomeration Risk exposure.
measurement, monitoring and control.
4. Design and implement the tools needed to implement Risk Integrated Internal Audit Business Unit
Management. In implementing Integrated Governance, the Integrated Audit
5. Monitor the implementation of policies, strategies and risk Business Unit has duties and responsibilities, including:
management frameworks recommended by RMCT and which 1. Assist the duties of the Director of the Main Entity, the Board
have been approved by the Main Entity’s Board of Directors. of Commissioners of the Main Entity, and the Integrated
6. Periodically review the integrated risk management process Governance Committee in supervising the implementation of
based on developments in applicable risk management the internal audit function in the BRI Financial Conglomerate.
practices. 2. Supervise the implementation of the internal audit function
7. Evaluate the proposed Risk Appetite Statement (RAS) of in the BRI Financial Conglomerate, including at least:
members of the BRI Financial Conglomerate who have an a. Audit Activity Reports and Principal Audit Results Reports
Active Management Parenting Style to be discussed in the for members of the BRI Financial Conglomerate;
RMCT. b. Areas that experience a significant increase in risk and
8. Evaluate the risk profile report of the BRI Financial significant fraud incidents that occur in members of the
Conglomerate of Financial Service Institution for members BRI Financial Conglomerate;
of the BRI Financial Conglomerate who have Active c. Quality of Internal Audit Business Unit for BRI Financial
Management Parenting Style periodically or at least semi- Conglomerate Members which includes but is not limited
annually. to audit methods and procedures, Human Capital, and
audit tools.
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d. Assessment of the level of maturity of the internal audit Financial Service Institution‘s Board of Commissioners BRI
function of members of the BRI Financial Conglomerate. Financial Conglomeration Member
e. Implementation of Quality Assurance and Monitoring of The duties and authority of the Board of Commissioners of members
follow-up improvements of the BRI Financial Conglomeration in implementing Integrated
3. Carry out audits or joint audits with Internal Audit Business Governance refer to the Articles of Association of members of
Unit members of the BRI Financial Conglomeration BRI the BRI Financial Conglomeration, Work Guidelines and Rules for
Financial Conglomeration or based on reports from internal members of the BRI Financial Conglomeration, internal regulations
audits of members of the BRI Financial Conglomeration for other members of the BRI Financial Conglomeration, as well as
BRI Financial Conglomeration independently, objectively the provisions of applicable laws and regulations.
and professionally while still paying attention to the size,
characteristics and complexity of the businesses of members In implementing Governance integration, the Board of
of the BRI Financial Conglomeration after obtaining approval Commissioners, members of the BRI Financial Conglomeration,
from the Main Director of the Main Entity. have duties and responsibilities, including:
4. Develop standards for the implementation of the internal 1. Supervise the implementation of governance, policies, duties
audit function which at least cover the matters regulated in and responsibilities of the Board of Directors of members of
the Internal Audit Professional Standards as guidelines for the BRI Financial Conglomerate as well as follow up on audit
Internal Audit in carrying out their duties. results from internal and external parties.
5. Integrated Internal Audit Business Unit communicates with 2. Provide advice to the Board of Directors of members of the
Internal Audit Business Unit members of the BRI Financial BRI Financial Conglomerate regarding development plans
Conglomeration regularly, at least 2 (two) times a year regarding for members of the BRI Financial Conglomerate, Company
the results of audits of Internal Audit Business Unit members Long Term Plan, Company Work and Budget Plan, Policies,
of the BRI Financial Conglomeration, issues or problems that Articles of Association and GMS Decisions of members of the
have a significant impact on the conditions of members of BRI Financial Conglomerate.
the BRI Financial Conglomeration and developments carried 3. Form a committee and/or appoint parties to carry out
out by Internal Audit Business Unit members of the Financial functions that support the duties and responsibilities of the
Conglomeration in order to provide added value to the Company. Board of Commissioners of members of the BRI Financial
6. Integrated Internal Audit Business Unit can communicate Conglomerate which include at least:
with the Board of Commissioners and the Integrated a. Audit Monitoring;
Governance Committee in the context of implementing b. Compliance Monitoring; and
supervision of Integrated Governance. c. Risk Management Monitoring
7. Inform all current and significant audit findings to the 4. Hold meetings of the Board of Commissioners in accordance
President Director and President Commissioner of the Main with the provisions of the Articles of Association of members
Entity through the Main Entity Audit Committee at the of the BRI Financial Conglomeration and/or internal
first opportunity, with a copy to the Compliance Director, regulations of members of the BRI Financial Conglomeration
the Director who supervises members of the BRI Financial which include frequency, presence of members of the Board
Conglomeration and the Main Director of members of the BRI of Commissioners, and procedures for decision making.
Financial Conglomerate. 5. Form work guidelines for the Board of Commissioners for
8. Integrated Internal Audit Business Unit can work together members of the BRI Financial Conglomerate.
with business unit that carry out other control functions, 6. Provide approval for actions within the scope of authority of
including Integrated Risk Management and Integrated the Board of Commissioners of members of the BRI Financial
Compliance in the company by prioritizing the effectiveness Conglomerate in accordance with the Articles of Association
of the control function. of members of the BRI Financial Conglomerate.
9. Provide consulting services to internal parties of the Company, 7. Carry out other tasks stipulated in the Articles of Association
members of the Financial Conglomeration and Subsidiary of members of the BRI Financial Conglomeration, the GMS
Companies (if necessary) to provide added value and Resolutions of members of the BRI Financial Conglomeration,
improvements to the quality of control, risk management and and applicable laws and regulations.
corporate governance as long as it does not affect independence
and objectivity and adequate resources are available. Financial Service Institution‘s Board of Directors Member of
10. Coordinate with the Internal Audit Business Unit of members BRI Financial Conglomeration
of the BRI Financial Conglomeration in the event that there The duties and authority of the Board of Directors of members of
is an escalation of problems related to internal audit that the BRI Financial Conglomeration in implementing Integrated
require support from the Main Entity in resolving them. Governance refer to the Articles of Association of the members of the
11. Integrated Internal Audit Business Unit plays an active role in BRI Financial Conglomeration, the Work Guidelines and Regulations
improving the quality of audit implementation and maturity for members of the BRI Financial Conglomeration, internal
levels in Internal Audit Business Unit members of the BRI regulations for members of the BRI Financial Conglomeration, as
Financial Conglomerate. well as the provisions of applicable laws and regulations.
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In implementing Integrated Governance, the Board of Directors, Intra Group Transaction Policy
members of the BRI Financial Conglomeration, have duties and (Identifying, Managing and Mitigating
responsibilities, including: Intra Group Transactions)
1. Carry out all actions related to the management of members
of the BRI Financial Conglomeration in accordance with the Intra-group Transaction Risk is the risk resulting from the
aims and objectives of the members of the BRI Financial dependence of an entity, either directly or indirectly, on another
Conglomeration. entity in a Financial Conglomerate in order to fulfill written
2. Manage members of the BRI Financial Conglomeration or unwritten agreement obligations that are followed by the
in terms of operations, business, human capital, risk transfer of funds and/or are not followed by the transfer of funds.
management, finance, information technology, internal
control systems, and other management aspects related Intra-group Risk Management
to the businesses of members of the BRI Financial 1. Intra-group Risk Identification
Conglomeration. a. The Main Entity periodically identifies all intra-group
3. Organize a GMS for members of the BRI Financial risks of the Financial Conglomerate using a method or
Conglomerate in accordance with the procedures stipulated system to identify risks in the Financial Conglomerate.
in the Articles of Association and statutory regulations. Intra-group transaction risks may arise from, among
4. Prepare Company Long Term Plan and Company Work and others:
Budget Plan for members of the BRI Financial Conglomerate. • Cross-ownership between entities in BRI’s KK.
5. Implementing governance principles including compliance • Centralization of short-term liquidity management.
with sharia principles of the BRI Financial Conglomerate • Guarantees, loans, and commitments provided or
Subsidiary Company which is a sharia entity. obtained by BRI from Subsidiaries.
6. Follow up on audit findings by internal and external parties. • Exposure to controlling shareholders, including loan
7. Ensure the availability of work regulations for members of and off-balance sheet exposures such as guarantees
the BRI Financial Conglomeration; and commitments.
8. Align the strategies of BRI Financial Conglomerate members • Purchase or sale of BRI assets to Subsidiaries.
with the strategies of PT Bank Rakyat Indonesia (Persero) Tbk. • Risk transfer through reinsurance.
9. Implement synergy policies within the members of the BRI • Transactions to transfer third-party risk exposures
Financial Conglomeration. between entities in BRI’s KK
10. Implement BRI policies relating to members of the BRI b. Proses identifikasi risiko intra grup dilakukan dengan
Financial Conglomerate. melakukan analisis terhadap setiap jenis transaksi intra
11. Form committees under the Board of Directors of members grup dalam bisnis KK BRI, antara lain dapat didasarkan
of the BRI Financial Conglomeration if necessary. pada pengalaman kerugian yang pernah terjadi. xxx
12. Organize Board of Directors meetings in accordance with the 2. Intra-group Risk Measurement
provisions of the Articles of Association of members of the a. In order to carry out Intra-group Risk measurement, the
BRI Financial Conglomeration and/or internal regulations of Main Entity carries out:
members of the BRI Financial Conglomeration which include • periodic evaluation of the suitability of assumptions,
frequency, attendance of members of the Board of Directors, data sources, and procedures used to measure
and procedures for decision making. risk, in accordance with business developments
13. Carry out other duties and responsibilities stipulated in and external conditions that affect the financial
the Articles of Association of members of the BRI Financial condition of the Financial Conglomerate; and
Conglomerate, the GMS Resolutions of members of the BRI • improvements to the risk measurement method
Financial Conglomerate, or applicable laws and regulations. if there are changes in factors that materially and
significantly affect the risk, including if there is an
Sharia Supervisory Board addition of a new business line that can affect the
The Sharia Supervisory Board has at least the following duties financial condition of the Financial Conglomerate
and responsibilities: b. Risk measurement methods and systems can be carried
1. Provide advice and suggestions to the Board of Directors and out quantitatively and/or qualitatively which are used
supervise Financial Service Institutions activities so that they to measure BRI‘s KK risk exposure as a reference for
comply with sharia principles. carrying out control.
2. Develop work regulations for the Sharia Supervisory Board. c. The selection of measurement methods and systems
is adjusted to the characteristics and complexity of the
Financial Conglomerate‘s business activities.
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d. Measurement methods and systems must at least be 4. Intra-group Risk Control
able to measure a. The Main Entity determines the Risk Appetite and
• sensitivity of the Financial Conglomerate to changes Intragroup Risk limits in accordance with the risk
in influencing factors, both in normal and abnormal philosophy and applicable provisions. The determination
conditions; of risk limits is adjusted to the risk exposure and the level
• tendencies of changes in the factors in question of risk to be taken and risk tolerance. xxx
based on fluctuations that occurred in the past and b. Other risk controls can be carried out, among others, by
their correlation; hedging, formulating intragroup transaction calculation
• individual risk levels; methods, and adding capital to absorb potential losses.
• overall risk exposure and per type of risk, taking into
account the interrelationships between types of risk; In the second semester of 2023 and the first semester of 2024,
and BRI’s intra-group risk is at a low to moderate risk rating.
• all risks inherent in all BRI KK transactions that can
be integrated into the Management Information
System Implementation of Integrated
e. The risk measurement process must clearly contain Governance In 2024
the validation process, validation frequency, data and
information documentation requirements, evaluation 1. Strengthening the Implementation of Integrated Governance
requirements for the assumptions used, before a of Financial Conglomerates
methodology is applied by KK BRI. In 2024, enhancements and strengthening of the
3. Intra-group Risk Monitoring implementation of Integrated Governance within the BRI
a. The Main Entity monitors the magnitude of risk exposure, Financial Conglomeration were carried out, including:
risk tolerance, limit compliance, and stress test results as a. Updating and refining derivative policies from the
well as consistency of implementation with established General Policy on Integrated Governance, namely
policies, procedures, and limits. the Guidelines for Compliance Implementation and
b. The Main Entity prepares an effective back-up system and Integrated Governance for Financial Service Institutions
procedures to prevent disruptions in the risk monitoring within the BRI Financial Conglomeration.
process, and periodically checks and re-evaluates the back- b. Measuring the maturity level of Integrated Governance
up system. within the BRI Financial Conglomerate.
c. In order to carry out risk monitoring, the Main Entity carries c. Conducting an In-House Training with the BRI Financial
out Conglomeration on the theme “Achieving Sustainability
• evaluation of risk exposure through monitoring and in Financial Conglomeration”, featuring speakers from
reporting of risk exposures that are material or have the Financial Services Authority on May 31, 2024.
an impact on the capital conditions of BRI’s KK; and
• improvement of the reporting process and scope, 2. Implementation of the Duties and Responsibilities of the
including if there are changes in business activities, Integrated Governance Committee
products, transactions, risk factors, information In carrying out its duties throughout 2024, the Integrated
technology and Integrated Risk Management Governance Committee held 21 (twenty-one) meetings to
Information Systems that are material evaluate and ensure that governance implementation aligns
with GCG principles within the BRI Financial Conglomeration.
The details of these meetings are as follows:
No. Meeting Date Meeting Agenda
Integrated Risk Profile, Implementation of Integrated Compliance Function, and Assessment of the Adequacy
1 Tuesday, March 5, 2024
of Integrated Internal Control for the Second Semester of 2023.
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
2 Wednesday, March 13, 2024
Implementation and Supervision by the Board of Commissioners of PT Permodalan Nasional Madani (PNM)
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
3 Tuesday, March 26, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Multifinance Indonesia (BRI Finance)
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No. Meeting Date Meeting Agenda
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
4 Tuesday, April 02, 2024
Implementation and Supervision by the Board of Commissioners of PT Pegadaian (Pegadaian).
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
5 Tuesday, April 30, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Asuransi Indonesia (BRINS).
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
6 Tuesday, May 7, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Danareksa Securities (BRIDS).
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
7 Tuesday, May 7, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Manajemen (BRIMI).
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
8 Tuesday, May 7, 2024
Implementation and Supervision by the Board of Commissioners of PT Asuransi BRI Life (BRI Life).
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
9 Tuesday, May 14, 2024
Implementation and Supervision by the Board of Commissioners of PT Bank Raya Indonesia (Bank Raya).
Update on Business Conditions for the Second Semester of 2023, Future Strategic Plans, and Governance
10 Tuesday, May 14, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Ventura Investama (BVI).
11 Tuesday, July 02, 2024 Update on BRI Group Maturity Level
b. Evaluation of BRI Group Profil Risiko Terintegrasi, Pelaksanaan Fungsi Kepatuhan Terintegrasi, dan Penilaian Kecukupan Pengendalian
12
Capital Investment Intern Terintegrasi Semester I Tahun 2024.
Integrated Risk Profile, Implementation of Integrated Compliance Function, and Assessment of the Adequacy
13 Tuesday, August 27, 2024
of Integrated Internal Control for the First Semester of 2024.
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
14 Tuesday, September 03, 2024 Implementation and Supervision by the Board of Commissioners of PT BRI Multifinance Indonesia (BRI
Finance).
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
15 Tuesday, September 03, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Asuransi Indonesia (BRINS).
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
16 Tuesday, September 17, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Danareksa Sekuritas (BRIDS).
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
17 Tuesday, September 17, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Manajemen Investasi (BRI MI)
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
18 Tuesday, October 1, 2024
Implementation and Supervision by the Board of Commissioners of PT BRI Ventura Investama (BRI Ventures).
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
19 Tuesday, October 15, 2024
Implementation and Supervision by the Board of Commissioners of PT Pegadaian (Pegadaian).
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
20 Tuesday, October 15, 2024
Implementation and Supervision by the Board of Commissioners of PT Asuransi BRI Life (BRI Life).
Update on Business Conditions for the First Semester of 2024, Future Strategic Plans, and Governance
21 Tuesday, October 22, 2024
Implementation and Supervision by the Board of Commissioners of PT Bank Raya Indonesia (Bank Raya).
3. Implementation of Duties and Responsibilities of the b. Implementation of Compliance Group Visit, conducted
Integrated Compliance Unit through onsite visits to the Compliance Units of FSIs
During 2024, details of the implementation of the tasks within the BRI Financial Conglomeration to enhance
and responsibilities of the Integrated Compliance Unit understanding of business processes.
were as follows: c. Submission of the Annual Report on Integrated
a. Implementation of BRI Group’s Compliance Forum to Governance Implementation of the BRI Financial
enhance understanding and align strategies related to Conglomeration to the Financial Services Authority.
Compliance, Governance, and AML-CFT & PPPSPM., is d. Monitoring the fulfillment of the Integrated Governance
held monthly, focusing on current issues and regulatory structure in accordance with regulatory requirements.
updates, including monitoring compliance with new including the Board of Commissioners, Board of
regulations, reviewing standard agreements, and Directors, Committees, Integrated Business Units, and
overseeing the implementation of the Personal Data Policies/Procedures.
Protection Law in Financial Service Institutions (FSIs) e. Self-Assessment of Integrated Governance within the BRI
within the Financial Conglomerate. Financial Conglomeration, conducted semi-annually, with
the report submitted to the Financial Services Authority.
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f. Self-Assessment of GCG, conducted both individually — Monitoring the follow-up on corrective actions for
and on a consolidated basis, on a semi-annual basis. significant findings and external/regulatory audit
g. Distribution of the General Policy on Integrated findings at Financial Conglomeration Member
Governance for the Financial Conglomeration to FSIs Institutions and BRI Subsidiaries.
within the BRI Financial Conglomeration. — Monitoring the follow-up on the corrective actions
h. Evaluation of Compliance Function Implementation in of internal audit maturity assessment results and
FSIs within the BRI Financial Conglomeration, conducted the Quality Assurance & Improvement Program
quarterly, covering the following aspects: conducted by Integrated Internal Audit.
1) Implementation of Good Corporate Governance (GCG). — Monitoring the fulfillment and development of
2) Monitoring of prudential principles. Human Resources for Internal Audit of Financial
3) Commitment management. Conglomeration Member Institutions.
4) Compliance risk management. f. Implementation of the Individual Head Office Audit of
5) Implementation of the Anti-Money Laundering BRI for Pegadaian and BRI Manajemen Investasi.
(AML), Countering the Financing of Terrorism (CFT), g. Implementing the Quality Assurance Review and
& Prevention of the Financing of Proliferation of Improvement Program (QAIP) at Internal Audit of
Weapons of Mass Destruction (PPPSPM) programs. Financial Conglomeration Member Institutions to
6) Impact analysis of external regulations. develop and enhance the quality of audits covering all
7) Reporting of Transactions/Decisions involving internal audit activities. Throughout 2024, Integrated
conflicts of interest. Internal Audit has carried out the Quality Assurance
8) Other relevant aspects. Review and Improvement Program for Internal Audit of
i. Measurement of the Integrated Compliance Maturity Financial Conglomeration Member Institutions (Bank
Level within the BRI Financial Conglomeration. Raya, BRI Life, BRI Danareksa Sekuritas, BRI Finance,
BRI Insurance, PNM, Pegadaian, BRI Venture, and BRI
4. Implementation of Duties and Responsibilities of the Manajemen Investasi).
Integrated Internal Audit Business Unit h. Efforts to improve the quality and competence of Internal
In encouraging financial conglomeration, BRI has a reliable Audit Business Unit members of the Financial Conglomerate
internal audit function so that it can become a strategic business through the membership program as follow:
partner. In carrying out its roles and functions, Integrated — BSDP NWOL Auditor Modular Entry Level Education.
Internal Audit Business Unit is supported by an independent — Internal Audit Training ISO 37001: 2016 dan ISO
organizational structure and adequate Auditor competence, so 27001:2022
that throughout 2024 Integrated Internal Audit Business Unit — Certified Anti Fraud Manager (CAFM)
has implemented various work programs, including: — Certified Qualified Internal Auditor (QIA)
a. Development of joint use of the Integrated BRISMA Audit — Certified Ethical Hacker (CEH)
Management System Application 2.1 (SKAI BRI Life & — Certified Hacking Forensic Investigator (CHFI)
SKAI BRI Finance). — BSMR Certification
b. The implementation of the thematic audit “Evaluation — Certified in Risk Governance Professional (CRGP)
of Business Synergy of Subsidiaries as a Source of — Adjunct Life Insurance Expert (AAAIJ)
Consolidation Growth in 2024” carried out jointly — Certified Forensic Auditor (CfrA)
between Integrated Internal Audit and Internal Audit of — Securities Broker Representative (WPPE), Investment
Financial Conglomeration Member Institutions. Manager Representative (WMI), Securities
c. Development of an Integrated Internal Audit Business Underwriting Representative (WPEE)
UnitDashboard for Monitoring the Integrated Internal — Secondment Data Analytic Program (SKAI BRI Life,
Audit Business Unit program. SKAI BRI Insurance, SKAI BRI Investment Management,
d. Performing alignment and evaluation of the audit SPI Pegadaian, SPI PNM, SKAI BRI Finance, SKAI BRI
focus and strategy of Internal Audit of Financial Danareksa Sekuritas, and SKAI Bank Raya).
Conglomeration Member Institutions according to the i. Implementation of the workshop on the preparation of
2024 Annual Audit Planning (PAT) of Internal Audit of the Integrated Internal Audit Management Procedures
Financial Conglomeration Member Institutions. for BRI Financial Conglomeration.
e. Monitoring the implementation of the internal audit j. Preparation of the Integrated Internal Audit Report
function and the performance of Subsidiary Companies conducted every semester.
on a regular basis which is carried out every quarter with k. Benchmarking of SKAI Members of the Financial
the scope of Monitoring including: Conglomeration (SKAI BRINS, SPI PNM, SKAI Bank Raya,
— Monitoring the performance achievements of and SKAI BRI Life) to the Integrated SKAI (Main Entity).
Financial Conglomeration Member Institutions and l. Assessment of the maturity level of the SKAI Members
BRI Subsidiaries. of BRI Financial Conglomerate for the first semester of
— Monitoring the Audit Report of Internal Audit of 2024.
Financial Conglomeration Member Institutions. m. Review of Policy: conducting a review of the internal audit
— Monitoring the realization of the Annual policies and procedures of BRI Financial Conglomerate
Audit Planning of Internal Audit of Financial Members in accordance with the integrated internal
Conglomeration Member Institutions. audit charter and the latest regulations.
804 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
n. Implementation of the Integrated Governance Self- c. Conducting a self-assessment of the Integrated Risk
Assessment conducted every semester. Maturity Index (RMI) and that of the Subsidiaries, which
o. Development of the Integrated Governance Application is then submitted for decision at the RMCT Forum.
in collaboration with the Integrated Risk Management d. Submission of the Integrated Risk Profile Report (semi-
Unit, Integrated Compliance Unit, and Subsidiary annual) and Consolidated Report (quarterly) to the
Management Division. Financial Services Authority.
p. Assignment of 12 internal audit workers from BRI to e. Submission of the Consolidated Soundness Level Report
SKAI Members of the Financial Conglomerate as part of (semi-annual) to the Financial Services Authority.
the knowledge transfer acceleration process from the f. Periodic monitoring of the Maximum Credit Limit and
Integrated SKAI (Main Entity) to SKAI Members of the Fund Provisioning for the Financial Conglomeration.
Financial Conglomerate, with the following details: g. Periodic monitoring of the LCR and NSFR positions as
— SKAI Bank Raya: Group Head (1 worker), Auditor (2 well as the IRRBB for the Consolidated entity.
workers) h. Conducting analysis and preparing reports on Integrated
— SKAI BRILife: Head of Section (1 worker), Team Capital Adequacy (semi-annual), which are then
Leader (1 worker), Auditor (1 worker) presented at the RMCT Forum and reported to the
— SKAI BRI Finance: Head of SKAI (1 worker), Group Financial Services Authority.
Head (1 worker) i. Conducting integrated stresstest simulations (semi-
— SKAI BRI Insurance: Group Head (1 worker) annual), which are then presented at the RMCT Forum.
— SKAI BRI Venture: Head of SKAI (1 worker) j. Conducting Self-Assessment on the Determination
— SKAI BRI Investment Management: Auditor (1 of Risk Categories and Classifications for BRI and its
worker) Subsidiaries in accordance with PER 02/MBU/03/2023
— SPI PNM: Head of Division (1 worker) from the Ministry of SOEs.
k. Coordinating with SKMRT regarding integrated risk
5. Implementation of the Duties and Responsibilities of the management in the following matters:
Integrated Risk Management Unit — Modeling credit scoring for Subsidiaries
Throughout 2024, the detailed implementation of the duties — Modelling CKPN
and responsibilities of the Integrated Risk Management Unit — Project for preparing the Digital Risk Register for
is as follows: BRI’s Applications and its Subsidiaries
a. Implementation of the Integrated Risk Management l. Implementation of BRI Group In House Training related
Committee Forum (RMCT) held twice in 2024, on to the implementation of risk management (Market
February 16, 2024, and August 15, 2024. ATMR, VaR and IRRBB Calculation, LPG Policy, Stress
b. Establishment of the Integrated Risk Appetite Statement Test) which is directly coordinated with BRI Corporate
(RAS) and that of the Subsidiaries, which have been University.
adjusted according to the Risk Management Models of
each Subsidiary Entity.
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 2024, 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
Failure to disclose important legal matters faced by the company, its subsidiaries, members of the Board of Directors,
2. Nil
and/or members of the Board of Commissioners in office, in the Annual Report.
3. Non-compliance with tax obligations. Nil
Discrepancies between the presentation of the annual report and financial statements with applicable regulations and
4. Nil
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 805
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Corporate Social Responsibility 806 PT Bank Rakyat Indonesia (Persero) Tbk
Page 809
PT Bank Rakyat Indonesia (Persero) Tbk 807
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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 businesses. The support provided through the AURA program
In 2024, BRI carried out the BRI Peduli CSER “Ini Sekolahku” includes both training and business equipment to help
program. This program is BRI’s commitment to creating sustain and grow these women-led enterprises. The program
shared value in education. Currently, many school buildings, aimed to empower women and strengthen their role in
especially in remote areas, are inadequate for conducive community development.
teaching and learning activities. However, a well-maintained c. “Preventing Stunting is Important” in Commemoration of
school environment is one of the key factors in improving National Nutrition Day 2024
the quality of education. Through the “Ini Sekolahku” Stunting is a condition of impaired growth in toddlers caused
program, BRI assisted in the construction/renovation of by prolonged malnutrition, repeated infections, and lack of
school buildings and educational facilities in eight (8) stimulation. It is influenced by factors such as adolescent
underprivileged schools. This initiative aimed to enhance the health, maternal nutrition during pregnancy, infant feeding
learning environment, ensuring students receive a better- practices, and economic, cultural, and environmental aspects
quality education. like sanitation and access to healthcare services. Stunting
b. AURA Program (Aspire to Uplift, Revive, and Achieve) was one of the targets of the Sustainable Development
BRI believes that women have great potential to contribute Goals (SDGs), specifically Goal 2, which aimed to eliminate
more to society. Through the AURA program, BRI strives hunger and all forms of malnutrition by 2023 and achieve
to support women in enhancing their roles by empowering food security. In conjunction with National Nutrition Day, BRI
women’s groups through business development. Implemented launched the “Preventing Stunting is Important” program,
across 17 BRI Regional Offices, this program supported 17 providing nutritious food packages for toddlers and medical
Women’s Business Groups that meet specific criteria. The equipment at 24 community health centers (puskesmas/
businesses run by these women’s groups vary, including food posyandu) across Denpasar, Manado, Jakarta, Makassar dan
and beverage industries, plantation agriculture, horticulture Jayapura. This initiative was part of BRI’s contribution to
farming, textile and garment industries, and other types of realizing Indonesia Emas 2045 (Golden Indonesia 2045).
808 PT Bank Rakyat Indonesia (Persero) Tbk
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2024 Annual Report
ECONOMIC PILLAR
BRI implemented several programs to create Job, Business, and Industry Opportunities Inclusively, including:
a. Development of Culinary Tourism at Tomohon Market
Tomohon Market is one of the traditional markets in infrastructure to expand their businesses. This is where BRI
Tomohon City. Like most traditional markets, it provides provided support through the BRI Peduli CSER program a
daily necessities for the local community. However, what coffee farmers group in Jepara, Kelompok Tani Kopi Tempur
makes this market unique and widely known is the presence Roban Djoyo Jepara. BRI’s assistance included a coffee
of stalls selling unconventional types of meat, which attract roasting machine, which helped increase production capacity
both local and international tourists. As part of its support, and meet market demands.
BRI assisted in the construction of culinary stalls within the c. Homestay Development Assistance in Mandalika
market area, making the environment more comfortable and BRI is committed to supporting the growth of local tourism,
hygienic. These culinary stalls are located next to the Beriman particularly in Mandalika, one of Indonesia’s priority
Tomohon terminal, making culinary tourism more accessible. destinations. Mandalika has been rapidly developing as a
This initiative was expected to stimulate economic activity in tourist hotspot, accompanied by the construction of various
the Tomohon Market area and contribute to improving the tourism-supporting facilities.
welfare of the local community.
b. Business Equipment Assistance for Coffee Farmers Group Through the BRI Peduli CSER program, BRI actively contributed
in Jepara to Mandalika’s tourism development by assisting in the
Coffee is one of Indonesia’s leading commodities, with homestays construction for visitors. This support was given to
various coffee types from different regions making it a key the Kuta Mandalika Village government, which managed the
export product. Besides large-scale industries, many MSMEs homestays. By expanding accommodation options and improving
(Micro, Small, and Medium Enterprises) are also involved tourism infrastructure, this initiative aimed to empower the
in coffee processing, making it more accessible to the local economy, promote sustainable tourism, and enhance the
public. However, not all MSMEs have adequate facilities and livelihoods of the surrounding community.
PT Bank Rakyat Indonesia (Persero) Tbk 809
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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. BRI Menanam Grow & Green – Mangrove Planting Program community empowerment and financial literacy while
The BRI Menanam Grow & Green program is a long-term aligning with BRI’s business processes to create additional
collaborative initiative involving environmental activist value for the company and society.
groups, foundations, and local communities. This program
reflected BRI’s commitment to mitigating global warming This initiative has been implemented in 41 Waste Banks and
and climate change through tree-planting activities. BRI 5 markets in various regions. Participants received training
provided the seedlings, while foundations and farmer in waste sorting, governance and institutional strengthening,
groups were responsible for land preparation, seed planting, financial literacy, and waste bank business management.
monitoring, and tracking tree growth. Additionally, BRI provided organic waste shredders and
communal maggot farming bins as part of its support.
In 2024, BRI planted 10,000 mangrove trees in Muara
Gembong, Bekasi, and 5,000 sea pine trees in Kradenan and Through this program, BRI aimed to contribute to
Gesikharjo villages, Tuban. Tree management was carried environmental conservation and support the Indonesian
out in collaboration with environmental organizations that government’s target of achieving Net Zero Emissions by 2050.
conduct regular growth monitoring. This tree-planting c. BRI Peduli - Productive Tree Planting Program
initiative was expected to improve environmental conditions In 2024, BRI launched a program boosting the local economy
while also serving as an alternative eco-educational tourism through productive tree planting. Various tree species have
site, helping to stimulate the local economy. been planted, including durian, palm (aren), coffee, mango,
b. BRI Peduli Yok Kita GAS (Waste Management Movement) nutmeg, and others. By the end of 2024, a total of 45,300
Waste Management Journey trees were planted. BRI collaborated with foundations, and
Waste management remains a significant challenge in local communities in designated planting areas. Beyond
society. Through the Yok Kita GAS (Waste Management promoting reforestation, this initiative provided long-term
Movement) program, BRI contributed to addressing this issue economic benefits to the local population. With proper care
by integrating a systematic, comprehensive, and sustainable and harvesting, these trees will serve as a sustainable source
waste management approach. The program prioritized of income, strengthening community livelihoods while
supporting environmental conservation.
810 PT Bank Rakyat Indonesia (Persero) Tbk
Page 813
OJK Index PT Bank Rakyat Indonesia (Persero) Tbk 811
Page 814
Criteria Explanation Page Regulations
UMUM
Annual Report is well printed and √ POJK 29
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 data Information includes, among others:
contains financial information
presented in comparative form for 3 1. Sales revenue. 21 SEOJK 16
(three) financial years or since starting
their business if the Issuer or 2. Gross profit. 22
Public Company has been running its
business activities for less than 3 3. Operational profit. 22 SEOJK 9
(three) years.
4. Profit before tax. 22
5. Net profit. 22
6. Profit and loss. 22 SEOJK 16
7. Total comprehensive profit (loss). 23 SEOJK 9
8. Total profit (loss) attributable to owners of the parent entity and non- 23 SEOJK 16
controlling interests.
9. Total comprehensive profit (loss). 23 SEOJK 16
10. Total comprehensive profit (loss) attributable to owners of the parent 23
entity and non-controlling interests.
11. Earnings (loss) per share. 23 SEOJK 9
SEOJK 16
12. Total assets. 20
13. Total liabilities. 20
14. Total equity. 21
15. Third-party funds. 20 SEOJK 9
16. Loans received. 20
17. Ratio of profit (loss) to total assets. 26 SEOJK 16
18. Profit (loss) to equity ratio. 26
19. Profit (loss) to revenue/sales ratio. 26
20. Current ratio. 26
21. Liability to equity ratio. 26
22. Ratio of liabilities to total assets. 26
812 PT Bank Rakyat Indonesia (Persero) Tbk
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Criteria Explanation Page Regulations
23. CAR ratio. 26 SEOJK 9
24. Productive assets. 26
25. Non-performing loans (NPL) ratio. 26
26. Ratio of Operating Expenses to Operating Income (BOPO). 26
27. Cost to Income Ratio(CIR). 26
28. Net Interest Margin (NIM) ratio. 26
29. Percentage of violations and exceedances of the Legal Lending Limit 26
(BMPK).
30. Statutory Reserve Ratio (GWM). 26
31. Net Open Position (NOP) Ratio. 26
32. Information and other financial ratios that are relevant to the issuer or 25-26 SEOJK 9
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 presented in
comparative form for the last 2 (two) financial years, at least contain:
a. Number of outstanding shares. 29
b. Market capitalization is based on the price on the stock exchange 29
where the shares are listed.
c. The highest, lowest and closing share prices are based on the price 29
on the stock exchange where the shares are listed.
d. Volumetrading on the stock exchange where the shares are listed. 29
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 shares, 30 SEOJK 16
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, number of convertible securities issued, and changes in the
nominal value of shares.
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. In the event of a temporary suspension of share trading (suspension) 31 SEOJK 16
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 813
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Criteria Explanation Page Regulations
4. In the event that the temporary suspension of share trading 31 SEOJK 16
(suspension) as referred to in number 3) and/or the process of
canceling the listing of shares (delisting) is still ongoing until the
end of the Annual Report period, the actions taken to resolve
the temporary suspension of share trading (suspension) and/or
cancellation are explained. listing of shares (delisting).
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 44 SEOJK 9
(including for UUS if the Bank owns UUS). SEOJK 16
b. The role of the Board of Directors in formulating the strategy and SEOJK 16
strategic policies of the Issuer or Public Company.
c. The process carried out by the Board of Directors to ensure the
implementation of the Issuer’s or Public Company’s strategy.
d. Comparison between the results achieved and those targeted by the 49 SEOJK 9
Issuer or Public Company. SEOJK 16
e. Obstacles faced by Issuers or Public Companies. 49-50
f. Organizational structure. 44 SEOJK 9
g. Main activity. 42
h. Information Technology. 44
i. Types of products and services offered, including lending to debtors 42
of micro, small and medium enterprises.
j. Interest rates for raising and providing funds. 46-47
k. Economic development and target market. 44-45
l. Networks and business partners at home and/or abroad. 42-43
m. Number, type and location of offices. 42-43
n. Ownership of the Board of Directors, Board of Commissioners and 52
shareholders in the Bank’s business group.
o. Important changes that occurred in the Bank and the Bank’s 52
business group in the year concerned.
p. Important things that are expected to happen in the future. 50
q. Human resources include the number, level of education, training, 44
and development of human resources.
2. An overview of the business prospects of the Issuer or Public Company. 50 SEOJK 9
SEOJK 16
3. Implementation of Issuer or Public Company governance. 51-52
814 PT Bank Rakyat Indonesia (Persero) Tbk
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Criteria Explanation Page Regulations
Report of the Board of The Board of Commissioners’ report contains at least a brief description of:
Commissioners
1. Assessment of the Board of Directors’ performance regarding the 58-60 SEOJK 16
management of Issuers or Public Companies, including oversight by SEOJK 9
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 Companies 60-61
compiled by the Board of Directors.
3. Views on the implementation of governance of the Issuer or Public 61-65
Company.
4. Changes in the composition of the Board of Commissioners (if any) and 67 SEOJK 9
reasons for the changes.
5. Frequency and method of providing advice to members of the Board of 58
Directors.
Statement Letter from Members of Statement Letter from Members of the Board of Directors and Members 70-71 SEOJK 16
the Board of Directors and Members of the Board of Commissioners regarding Responsibility for the Annual POJK 29
of the Board of Commissioners Report. Statement letter from 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 offices or 74 SEOJK 9
representative offices that enable the public to obtain information about SEOJK 16
Issuers or Public Companies, including:
1. Address
2. Phone number
3. Email address
4. Website address
Name and address of subsidiary and/ Contains information including:
or branch office or representative
office (if any) 1. Name and address of the subsidiary, including: 75-76 SEOJK 9
a. Address SEOJK 16
b. Phone number
c. E-mail address
d. Website address
Notes: if the company does not have subsidiaries, branch offices, and
representative offices, so that it is disclosed.
Brief history of Issuer or Public Include among others: date/year of establishment, name, change of 78-81 SEOJK 9
Company company name (if any), and effective date of change of company name. SEOJK 16
Notes: if the company has never changed its name, please disclose it.
Vision, Mission and Corporate Culture Includes: SEOJK 9
SEOJK 16
1. Company Vision 82
2. Company Mission 83
3. Statement that the vision and mission have been reviewed and 82-84
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 articles of 85
association.
2. Business Activities Undertaken. 85
3. Products and/or services produced. 86-96
PT Bank Rakyat Indonesia (Persero) Tbk 815
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Criteria Explanation Page Regulations
Operational Area Issuer’s or Public Company’s operational area. The operational area is the 98-100 SEOJK 16
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 in the 102-103 SEOJK 9
form of a chart, at least up to 1 (one) level below the Board of Directors SEOJK 16
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 104-105 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 and responsibilities. 106-118
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. 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.
c. Work experience and time period both inside and outside the Issuer
or Public Company.
7. of the Board of Commissioners, major shareholders and controllers, 119 SEOJK 9
either directly or indirectly to individual owners, including names of SEOJK 16
affiliated parties. In the event that members of the Board of Directors POJK 13
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 of Directors and 119-120 SEOJK 16
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.
816 PT Bank Rakyat Indonesia (Persero) Tbk
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Criteria Explanation Page Regulations
Profile of the Board of Profile of the Board of Commissioners, at least contains: SEOJK 9
Commissioners SEOJK 16
1. Name and position. 121-131
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.
7. Affiliation with other members of the Board of Directors, members of 132 SEOJK 9
the Board of Commissioners, major shareholders and controllers, either SEOJK 13
directly or indirectly to individual owners, including names of affiliated SEOJK 16
parties. In the event that members of the Board of Directors have no POJK 17
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 in the N/A SEOJK 16
event that the independent commissioner has served more than 2
(two) terms.
9. Changes in the composition of members of the Board of Directors and 132-133
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 positions 134-138 SEOJK 9
and a summary of Curriculum Vitae.
Number of employees and employee Data on employee competency development that has been carried out 139-141 SEOJK 9
competency development data. in the financial year consisting of parties (position levels) who attended SEOJK 16
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.
PT Bank Rakyat Indonesia (Persero) Tbk 817
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Criteria Explanation Page Regulations
Shareholder composition Names of shareholders and percentage of ownership at the beginning and SEOJK 9
end of the financial year, which consists of information regarding: SEOJK 16
POJK 17
1. Shareholders who own 5% (five percent) or more shares of Issuers or 144-155
Public Companies.
2. Members of the Board of Directors and members of the Board of 146-147
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 disclosedthe.
3. shares by members of the Board of Directors and members of the 146-147
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 shares of the Issuer or Public Company, 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 who each 145-146 SEOJK 16
own less than 5% (five percent) of the shares of the Issuer or Public
Company.
1. Number of shareholders and percentage of ownership at the end of the 148 SEOJK 16
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 Issuers or 141 SEOJK 9
Public Companies, either directly or indirectly, up to individual owners, SEOJK 16
presented in the form of a schematic or chart.
List of associate subsidiaries, venture Names of subsidiaries, associated companies, joint venture companies 149-156 SEOJK 9
companies where the Issuer or Public Company has joint control of the entity (if SEOJK 16
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, information regarding the address of the subsidiary is
added.
Information related to the Bank Banks that are part of a business group and/or have Subsidiaries, must 158 SEOJK 9
Business Group 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.
818 PT Bank Rakyat Indonesia (Persero) Tbk
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Criteria Explanation Page Regulations
Share listing chronology Chronology of share listing, number of shares, number of listed shares 156-161 SEOJK 16
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 in the 162-167 SEOJK 16
securities 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 public 167 SEOJK 16
accounting services (AP) and public accounting firms (KAP) and their networks/associations/alliance includes:
accounting firms (KAP)
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 and/or 168-169 SEOJK 16
institution and/or profession. professions other than AP and KAP.
Awards and Certifications. Information includes, among others: 170-187 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).
MANAGEMENT DISCUSSION AND ANALYSIS OF THE COMPANY’S PERFORMANCE
Bank Strategic Plan 1. Long term plan (corporate plan). 198-200 SEOJK 13
2. Medium and short term plans (business plan). POJK 17
Operational review per business Operational review per business segment according to the type of industry SEOJK 9
segment of the Issuer or Public Company, at least concerning: SEOJK 16
1. Explanation of each business segment. 206-271
2. Performance per business segment, among others:
a. Production, which includes process, capacity, and development.
b. Increase/decrease in production capacity.
c. Sales/business income.
d. Profitability.
PT Bank Rakyat Indonesia (Persero) Tbk 819
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Criteria Explanation Page Regulations
Description of the company’s Comprehensive financial performance which includes a comparison of SEOJK 9
financial performance financial performance in the last 2 (two) financial years (in the form of SEOJK 16
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. 274-275,
277-282
2. Short term liabilities, long term liabilities and total liabilities. 275,
282-285
3. Funding (investment and giving loan/financing). 277-278,
281-282
4. Third party funds and other funding sources. 282-285
5. Equity. 276, 285-286
6. Income/sales, expenses, profit (loss), other comprehensive income, and 287-295
total comprehensive profit (loss).
7. Cash flow. 295-298
8. Basic loan interest rate. 298 SEOJK 9
Analysis of the quality of earning 304-309 SEOJK 9
assets and relevant financial ratios.
Discussion and analysis of the ability Explanation of: SEOJK 16
to pay debts and the collectability of
the company’s receivables, by 1. Ability to pay debts, both short term (liquidity) and long term 299-301
presenting the calculation of the (solvability).
relevant ratio according to the type
of company’s industry. 2. Receivables collectibility level. 301-302
Discussion on capital structure and Top explanation: SEOJK 16
management policies on capital
structure (capital structure policy). 1. Details of the capital structure (capital structure), which consists of 310-311
interest-based debt/sukuk and equity.
2. Management policies on capital structure (capital structure policies). 310
3. Basis for selection of management policies. 310
Discussion on material commitments Explanation of: SEOJK 16
for capital goods investment (not
funding commitments) in the last 1. The purpose of the bond. 390-391
financial year.
2. Source of funds expected to fulfill these ties.
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. 391
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.
Description of the company’s business The business prospects of Issuers or Public Companies are linked to 392-393 SEOJK 16
prospects. industry conditions, the general economy and international markets
accompanied by quantitative supporting data from reliable data sources.
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Criteria Explanation Page Regulations
Comparative information between Comparison between targets/projections at the beginning of the financial SEOJK 16
targets at the beginning of the year with the results achieved (realization), regarding:
financial year with the results
achieved (realization), and targets or 1. Sales revenue. 393-395
projections to be achieved for the
next year. 2. Profit and loss.
3. Capital structure.
4. Marketing.
5. HR Development.
6. Other matters deemed important by the Issuer or Public Company.
Targets/projections to be achieved by Issuers or Public Companies for the
next 1 (one) year, regarding:
1. Sales revenue. 396-398
2. Profit and loss.
3. Capital structure.
4. Dividend policy.
5. Marketing.
6. HR Development.
7. Other matters deemed important by the Issuer or Public Company.
Description of the marketing aspect. Marketing aspects of the Issuer’s or Public Company’s goods and/or 200-203 SEOJK 9
services, at least regarding marketing strategy and market share. SEOJK 16
Description of dividends for the last 2 Description of dividends for the last 2 (two) financial years, at least: SEOJK 16
(two) financial years.
1. The dividend policy, among other things, contains information on the 399-401
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.
Realization of the use of proceeds Realization of the use of proceeds from the public offering, 400-403 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. 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.
Note: if you do not have information on the realization of the use of
proceeds from a public offering, please disclose it.
PT Bank Rakyat Indonesia (Persero) Tbk 821
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Criteria Explanation Page Regulations
Material information (if any), including Contains descriptions of: SEOJK 16
investment, expansion, divestment,
business merger/ a. Date, value, and transaction object. 402-411
consolidation, acquisition, debt/
capital restructuring, material b. The name of the party conducting the transaction.
transactions, affiliated transactions,
and conflict of interest transactions. c. Nature of the affiliation relationship (if any).
d. Explanation of the fairness of the transaction.
e. Fulfillment of related provisions.
f. In the event that there is an affiliation relationship, apart from
disclosing the information referred to in number a) through number f),
the Issuer or Public Company also discloses information:
1) The Board of Directors’ statement that affiliated transactions 406
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 committee 406
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 business 405, 410
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
have 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 interest 406, 411 SEOJK 16
transactions which are the result of the implementation of affiliated SEOJK 13
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 conflict of 403-411
interest transactions, then this is disclosed.
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. 411-413
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. 414-415
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
Information on Risk Exposure and Risk exposure and capital includes annual period risk and capital exposure 311-390 SEOJK 9
Capital. reports as stipulated in part II of the Publication Report on risk and
capital exposure.
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GOOD CORPORATE GOVERNANCE
GMS. Information regarding GMS resolutions in the financial year and 1 (one) 483-494 SEOJK 16
year before the financial year includes:
a. 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 Directors. 497-499 SEOJK 13
Information regarding the duties and responsibilities of each member of SEOJK 16
the Board of Directors is described and can be presented in tabular form. POJK 17
2. Statement that the Board of Directors has a guideline or charter 496-497 SEOJK 16
(charter) of the Board of Directors.
3. Policy and implementation of the frequency of meetings of the Board of 500-512 SEOJK 16
Directors, meetings of the Board of Directors with the of 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 meetings of
the Board of Directors, meetings of the Board of Directors with the Board
of Commissioners or GMS can be presented in tabular form.
4. Training and/or competency improvement for members of the Board of 513-514 SEOJK 16
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 515-516 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.
6. members of the Board of Commissioners who reach 5% (five percent) or 569-570 SEOJK 13
more of paid-up capital, which includes the type and number of shares in: POJK 17
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. 516-518 SEOJK 13
SEOJK 16
POJK 17
2. Statement that the Board of Commissioners has guidelines or charter 521 SEOJK 16
of the Board of Commissioners.
3. Policy and implementation of the frequency of meetings of the Board 526-539 SEOJK 13
of Commissioners, meetings of the Board of Commissioners with the SEOJK 16
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.
PT Bank Rakyat Indonesia (Persero) Tbk 823
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Criteria Explanation Page Regulations
4. Training and/or competency improvement for members of the Board of 538-541 SEOJK 16
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 and the Board 543-555 SEOJK 16
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.
a. The party making the assessment.
6. The Board of Commissioners’ assessment of the performance of the 554-561 SEOJK 16
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 of the Least load:
Board of Directors and Board of
Commissioners. 1. Nomination procedures, including a brief description of the policies 561-563 SEOJK 16
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 of SEOJK 16
Directors and Board of Commissioners, including:
a. Procedure for determining remuneration for the Board of Directors 566
and Board of Commissioners.
b. Disclosure of indicators for determining the remuneration of the 566
Board of Directors.
c. The remuneration structure for the Board of Directors and the Board 567
of Commissioners such as salaries, allowances, bonuses/ bonuses
and others; And
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, to be disclosed.
d. The amount of remuneration for each member of the Board of 568-569
Directors and members of the Board of Commissioners;
Disclosure of information can be presented in tabular form.
Sharia supervisory board, for Issuers or Least load: N/A SEOJK 16
Public Companies that carry out
business activities based on sharia a. Name.
principles as stated in the articles of
association. b. The legal basis for the appointment of the Sharia Supervisory 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.
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Criteria Explanation Page Regulations
Audit Committee. 1. Name and title in the membership of the committee. 584-587 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. 579-582
8. Audit committee independence statement. 590-591
9. Training and/or competency improvement that has been attended in 597
the financial year (if any).
10. Policy and implementation of the frequency of audit committee 592-596 SEOJK 13
meetings and the level of attendance of audit committee members at SEOJK 16
these meetings. POJK 17
11. Implementation of audit committee activities in the financial year 598-599
according to what is stated in the audit committee guidelines or
charter.
Issuer or Public Company nomination Least load:
and remuneration committee or
function. 1. Name and title in the membership of the committee. 603-604 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. 605
8. Training and/or competency improvement that has been attended in 612-613
the financial year (if any).
9. Description of duties and responsibilities. 600-602
10. Statement that already has a guideline or charter. 600
11. Policy and implementation of the frequency of meetings and the level 606-612
of attendance of members at these meetings.
12. A brief description of the implementation of activities in the financial 613-614
year.
PT Bank Rakyat Indonesia (Persero) Tbk 825
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Criteria Explanation Page Regulations
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 N/A
2. Parties carrying out nomination and remuneration functions.
Other committees owned by Issuers or Least load: 618-620, SEOJK 16
Public Companies in order to 638-647 POJK 17
support the functions and duties of 1. Name and title in the membership of the committee.
the Board of Directors (if any) and/
or committees that support the 2. Age.
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. 621, 649
8. Training and/or competency improvement that has been attended in 629-630,
the financial year (if any). 656-659
9. Description of duties and responsibilities. 615-616, 634
10. Statement that already has a guideline or charter. 615, 633
11. Policy and implementation of the frequency of meetings and the level 622-629,
of attendance of members at these meetings. 650-656
12. A brief description of the implementation of activities in the financial 630-632,
year. 659-661
Company secretary. 1. Name. 666 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 in the financial 666
year.
6. Brief description of the implementation of the duties of the corporate 666-667
secretary in the financial year.
Internal Audit Unit. 1. Name of the head of the internal audit unit. 671-672 SEOJK 16
POJK 17
2. Position history, including:
a. Legal basis for appointment as company secretary.
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Criteria Explanation Page Regulations
b. Work experience and time period both inside and outside the issuer
or public company.
3. Qualification or certification as internal audit profession (if any).
4. Number of employees (internal auditors) in the internal audit unit. 674
5. Training and/or competency improvement attended in the financial 676
year.
6. The structure and position of the internal audit unit. 670-671
7. Description of duties and responsibilities. 673-674
8. A statement that the internal audit unit has guidelines or charters. 673
9. A brief description of the implementation of the duties of the 678-679
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 the annual 728 POJK 17
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 other 729-791 SEOJK 13
system implemented by the issuer or laws and regulations. SEOJK 16
public company.
2. Review of the effectiveness of the internal control system. 734
3. Statement of the Board of Directors and/or Board of Commissioners 734 SEOJK 16
regarding the adequacy of the internal control system.
Risk management system 1. General description of the Issuer’s or Public Company’s risk 736-745 SEOJK 16
implemented by Issuers or Public management system. SEOJK 13
Companies.
2. Types of risk and how to manage them. 745-749
3. Review of the effectiveness of the Issuer’s or Public Company’s risk 752
management system.
4. Statement of the Board of Directors and/or Board of Commissioners or 752 SEOJK 16
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 and 753-763 SEOJK 13
regulations as well as fulfillment of commitments with the competent POJK 17
authorities.
Legal cases with a material impact 1. Main case/lawsuit. 766-769 SEOJK 16
faced by issuers or public companies,
subsidiaries, members of the board of 2. Case/lawsuit settlement status.
directors and members of the board of
commissioners (if any). 3. The impact on the condition of issuers or public companies. The risks
faced by the company and the nominal value of claims/lawsuits.
4. Disclosure regarding legal issues at least includes: SEOJK 13
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.
PT Bank Rakyat Indonesia (Persero) Tbk 827
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Criteria Explanation Page Regulations
Information on administrative 769 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 of 1. Principles of the code of ethics. 775 SEOJK 16
ethics of Issuers or Public Companies
2. Forms of dissemination of the code of ethics and enforcement efforts 775-776
3. Statement that the code of ethics applies to members of the Board of 775
Directors, members of the Board of Commissioners, and employees of
the Issuer or Public Company
Implementation of Governance in 1. Remuneration Committee 720 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: 721
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 per business 721
unit, per region and in subsidiaries or branch offices located overseas
4. Remuneration is associated with risks that include: 721
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 which 721
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.
6. Remuneration Adjustment is related to Performance and Risk which 722
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 consultant 722
related to the Remuneration policy, if the Bank uses the services of an
external consultant
8. The Remuneration Package and facilities received by the Board of 722
Directors and Board of Commissioners include the Remuneration
structure and details of the nominal amount.
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Criteria Explanation Page Regulations
9. Variable Remuneration includes: 722-723
a. Forms of Variable Remuneration along with the reasons for choosing
this form. And
b. An explanation if there 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 and Employees who 723
receive Variable Remuneration for 1 (one) year, and the total amount.
11. Position and number of parties who are material risk takers. 723-724
12. Shares optionowned by the Board of Directors, Board of 724
Commissioners and Executive Officers.
13. The ratio of the highest and lowest salaries 725
14. The number of beneficiaries and the total amount of Variable 725
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 of employment and 725
the total amount of severance paid
16. The total amount of deferred Variable Remuneration, which consists 725
of cash and/or shares or share-based instruments issued by the Bank.
17. The total amount of deferred Variable Remuneration paid for 1 (one) 725
year.
18. Details of the amount of Remuneration given in one year include: 725
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: 726
a. The total remaining Remuneration that is still suspended, both
exposed to implicit and explicit adjustments.
a. Total reduction in Remuneration caused by explicit adjustments
during the reporting period.
b. Total reduction in Remuneration caused by implicit adjustments
during the reporting period.
A brief description of the policy of In terms of compensation in the form of management stock ownership SEOJK 16
providing performance-based program (MSOP) and/or employee stock ownership program (ESOP).
longterm compensation to The information disclosed shall contain at least:
management
and/or employees owned by issuers or 1. Number of shares and/or options. 726
public companies (if any), including
but not limited to 2. Implementation period. 726-727
management stock ownership
programs program ownership/MSOP) 3. Eligible employee and/or management requirements. 727
and/or employee stock ownership
program (ESOP). 4. The exercise price or the determination of the exercise price. 727
A brief description of the Information 1. Share ownership of members of the Board of Directors and members of 571-573 SEOJK 16
disclosure policy regarding the Board of Commissioners no later than 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.
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Criteria Explanation Page Regulations
Description of the whistleblowing 1. How to submit a violation report. 778 SEOJK 16
system at the Issuer or Public
Company. 2. Protection for reporters. 779
3. The handling of complaints. 780
4. The party managing the complaint. 781
5. The results of handling complaints, at least: 782
a. Number of complaints received and processed in the financial year.
b. Complaint follow-up.
In the event that an issuer or a 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 practices, 782-786 SEOJK 16
Company’s anti-corruption policy. kickbacks, fraud, bribery and/or gratuities in Issuers or Public POJK 17
Companies.
2. Anti-corruption training/socialization for employees of Issuers or Public 786
Companies.
In the event that the Issuer or Public Company does not have an
anticorruption policy, the reasons for not having the said policy will be
explained.
Handling conflicts of interest 788 SEOJK 13
POJK 17
Provision of funds to related parties Information that needs to be disclosed is the total amount of debit 788 SEOJK 13
and provision of large funds (large balances for provision of funds to related parties and to core debtors
exposure). (individuals or groups) per report position
Transparency of the Bank’s financial 789 SEOJK 13
and non-financial conditions that have POJK 17
not been disclosed in other reports.
Other information related to Bank 787 SEOJK 13
Governance, including owner
intervention, internal disputes or
problems that arise as a result of
remuneration policies at the Bank.
Number of Deviations (Internal Fraud). Disclosure of irregularities (internal fraud) at least includes: 778 SEOJK 13
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 through the legal process.
Buy Back of Shares and/or Bank 1. Policy in buying back shares or bonds of the Bank. 787 SEOJK 13
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 Activities Disclosure regarding the provision of funds for social activities and/or 786 SEOJK 13
and/or Political Activities During the political activities at least includes the recipient of the funds and the
Reporting Period. amount of funds provided.
Implementation of sustainable 791 POJK 17
finance, including implementation
of social and environmental
responsibility
830 PT Bank Rakyat Indonesia (Persero) Tbk
Page 833
Criteria Explanation Page Regulations
Implementation of Public Company 1. Statement regarding recommendations that have been implemented 470-475 SEOJK 16
governance guidelines for Issuers 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 808-810 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
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.
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
PT Bank Rakyat Indonesia (Persero) Tbk 831
Page 834
Criteria Explanation Page Regulations
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 information regarding 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 13 : Financial Services Authority Circular No. 13/SEOJK.03/2017 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 17 of 2023 concerning the Implementation of Governance for
Commercial Banks
832 PT Bank Rakyat Indonesia (Persero) Tbk
Page 835
PT Bank Rakyat Indonesia (Persero) Tbk dan entitas anaknya/and its subsidiaries Laporan keuangan konsolidasian tanggal 31 Desember 2024 dan untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/ Consolidated financial statements as of December 31, 2024 and for the year then ended with independent auditor’s report
Page 836
Page 837
The original consolidated financial statements included 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 FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 AS OF DECEMBER 31, 2024
DAN UNTUK TAHUN YANG BERAKHIR AND FOR THE YEAR THEN ENDED
PADA TANGGAL TERSEBUT WITH INDEPENDENT AUDITOR’S REPORT
BESERTA LAPORAN AUDITOR INDEPENDEN
Daftar Isi Table of Contents
Halaman/Page
Laporan Auditor Independen Independent Auditor’s Report
Laporan Posisi Keuangan Konsolidasian ....................... 1-4 ........... Consolidated Statement of Financial Position
Laporan Laba Rugi dan Penghasilan............................. ........... Consolidated Statement of Profit or Loss and
Komprehensif Lain Konsolidasian........................... 5-7 .............................Other Comprehensive Income
Laporan Perubahan Ekuitas Konsolidasian.................... 8-9 .......... Consolidated Statement of Changes in Equity
Laporan Arus Kas Konsolidasian................................... 10-12 .................... Consolidated Statement of Cash Flows
Catatan atas Laporan Keuangan Konsolidasian............. 13-409 ....... Notes to the Consolidated Financial Statements
********************
Page 838
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen Independent Auditor’s Report
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 5/1/II/2025
Pemegang Saham, Dewan Komisaris, The Shareholders and the Boards of
dan 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 2024, serta laporan laba position as of December 31, 2024, 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 2024, Group as of December 31, 2024, 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.
i
Page 839
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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 2024, saldo cadangan 31, 2024, the balance of allowance for impairment
kerugian penurunan nilai atas kredit yang losses of loans amounted to Rp76,902,889 million.
diberikan adalah sebesar Rp76.902.889 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 2ao,
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
2ao, dan pengungkapan cadangan kerugian consolidated financial statements.
penurunan nilai atas kredit yang diberikan dalam
Catatan 11 atas laporan keuangan konsolidasian
terlampir.
ii
Page 840
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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 portofolio sesuai accordance with staging criteria developed by the
dengan kriteria tingkatan (staging) yang disusun Group for loans. We tested whether historical
oleh Grup untuk kredit yang diberikan. Kami experience is representative of current
menguji apakah pengalaman historis mewakili circumstances and of the recent losses incurred in
keadaan saat ini dan kerugian terkini yang terjadi the portfolios, and assessed the reasonableness of
dalam portofolio, serta menilai kewajaran atas forward-looking adjustments, macroeconomic
penyesuaian berorientasi masa depan, analisis factor analysis, and probability-weighted multiple
faktor ekonomi makro, dan beberapa skenario scenarios for loans.
probabilitas tertimbang untuk kredit yang
diberikan.
iii
Page 841
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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
Page 842
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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 2024 selain information included in the 2024 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
Page 843
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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
Page 844
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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
Page 845
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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
Page 846
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00045/2.1032/AU.1/07/1681- Report No. 00045/2.1032/AU.1/07/1681-
5/1/II/2025 (lanjutan) 5/1/II/2025 (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
Page 847
Page 848
The original consolidated financial statements included 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 CONSOLIDATED STATEMENT OF
KEUANGAN KONSOLIDASIAN FINANCIAL POSITION
Tanggal 31 Desember 2024 As of December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ December 31,
Catatan/
Notes 2024 2023*) 2022*)
ASET ASSETS
Kas 3 29.783.642 31.603.784 27.407.478 Cash
Giro pada Current accounts with
Bank Indonesia 4 88.878.969 101.909.121 150.935.150 Bank Indonesia
Current accounts with
Giro pada Bank Lain 5,44 25.582.825 22.331.919 21.488.434 Other Banks
Cadangan kerugian Allowance for
penurunan nilai (8.378) (9.984) (18.577) impairment losses
25.574.447 22.321.935 21.469.857
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan Lembaga Keuangan Lain 6,44 57.874.335 65.225.260 70.401.901 and Other Financial Institutions
Cadangan kerugian Allowance for
penurunan nilai (767) (1.860) (1.981) impairment losses
57.873.568 65.223.400 70.399.920
Efek-efek 7,44 326.535.700 331.091.304 330.324.818 Securities
Cadangan kerugian Allowance for
penurunan nilai (58.823) (81.510) (82.835) impairment losses
326.476.877 331.009.794 330.241.983
Wesel Ekspor dan Export Bills and
Tagihan Lainnya 8,44 40.656.822 54.130.097 39.114.415 Other Receivables
Cadangan kerugian Allowance for
penurunan nilai (1.075.559) (2.323.916) (1.638.929) impairment losses
39.581.263 51.806.181 37.475.486
Efek-efek yang Dibeli dengan Securities Purchased Under
Janji Dijual Kembali 9,44 16.845.690 33.595.231 51.014.678 Agreement to Resell
Tagihan Derivatif 10 1.087.048 911.683 911.405 Derivative Receivables
Kredit yang Diberikan 11,44 1.298.318.089 1.212.578.086 1.094.277.547 Loans
Cadangan kerugian Allowance for
penurunan nilai (76.902.889) (81.924.402) (90.711.448) impairment losses
1.221.415.200 1.130.653.684 1.003.566.099
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 849
The original consolidated financial statements included 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 CONSOLIDATED STATEMENT OF
KEUANGAN KONSOLIDASIAN (lanjutan) FINANCIAL POSITION (continued)
Tanggal 31 Desember 2024 As of December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ December 31,
Catatan/
Notes 2024 2023*) 2022*)
ASET (lanjutan) ASSETS (continued)
Pinjaman Syariah 12 49.889.082 45.937.696 38.099.994 Sharia Loans
Cadangan kerugian Allowance for
penurunan nilai (3.995.032) (3.362.178) (2.139.659) impairment losses
45.894.050 42.575.518 35.960.335
Piutang Sewa Pembiayaan 13,44 6.433.608 7.913.465 6.699.524 Finance Lease Receivables
Cadangan kerugian Allowance for
penurunan nilai (165.590) (215.308) (236.874) impairment losses
6.268.018 7.698.157 6.462.650
Tagihan Akseptasi 14,44 10.105.373 10.217.408 7.167.600 Acceptance Receivables
Cadangan kerugian Allowance for
penurunan nilai (321.683) (249.698) (136.536) impairment losses
9.783.690 9.967.710 7.031.064
Penyertaan Saham 15,44 8.076.567 7.305.491 6.506.903 Investment in Shares
Aset Tetap 16 Premises and Equipment
Biaya perolehan 88.479.818 81.463.777 73.951.201 Cost
Akumulasi penyusutan (26.001.853) (21.785.658) (18.735.154) Accumulated Depreciation
Nilai buku - neto 62.477.965 59.678.119 55.216.047 Book value - net
Aset Pajak Tangguhan - neto 38c 12.867.477 15.605.462 18.712.994 Deferred Tax Assets - net
Aset Lain-lain - neto 17 40.098.976 53.141.760 42.326.961 Other Assets - net
TOTAL ASET 1.992.983.447 1.965.007.030 1.865.639.010 TOTAL ASSETS
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 850
The original consolidated financial statements included 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 CONSOLIDATED STATEMENT OF
KEUANGAN KONSOLIDASIAN (lanjutan) FINANCIAL POSITION (continued)
Tanggal 31 Desember 2024 As of December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ December 31,
Catatan/
Notes 2024 2023*) 2022*)
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas Segera 18 36.821.661 30.651.807 24.910.579 Liabilities Due Immediately
Simpanan Nasabah 44 Deposits from Customers
Giro 19 374.554.340 346.124.372 349.755.590 Demand Deposits
Tabungan 20 544.426.947 527.945.550 522.647.920 Saving Deposits
Deposito Berjangka 21 446.468.817 484.258.839 435.480.503 Time Deposits
Total Simpanan Nasabah 1.365.450.104 1.358.328.761 1.307.884.013 Total Deposits from Customers
Simpanan dari Bank Lain dan Deposits from Other Banks and
Lembaga Keuangan Lain 22,44 14.679.482 11.958.319 9.334.547 Other Financial Institutions
Efek-efek yang Dijual dengan Janji Securities Sold Under Agreement
Dibeli Kembali 23,44 25.043.717 19.079.458 9.997.592 to Repurchase
Liabilitas Derivatif 10 1.585.120 925.210 783.921 Derivative Payables
Liabilitas Akseptasi 14,44 10.105.373 10.217.408 7.167.600 Acceptance Payables
Utang Pajak 38a 2.150.487 2.546.839 3.053.782 Taxes Payable
Surat Berharga yang Diterbitkan 24,44 32.502.499 49.637.581 63.611.761 Marketable Securities Issued
Pinjaman yang Diterima 25,44 127.879.804 98.850.813 79.371.200 Fund Borrowings
Estimated Losses
Estimasi Kerugian Komitmen on Commitments
dan Kontinjensi 26,44 2.551.050 6.117.768 6.458.343 and Contingencies
Liabilitas Imbalan Kerja 27,42,44 20.936.335 23.059.624 21.296.487 Liabilities for Employee Benefits
Liabilitas Lain-lain 28,45b 29.596.987 36.664.617 27.871.880 Other Liabilities
Pinjaman dan Surat Berharga Subordinated Loans
Subordinasi 29 491.781 496.683 501.988 and Marketable Securities
TOTAL LIABILITAS 1.669.794.400 1.648.534.888 1.562.243.693 TOTAL LIABILITIES
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 851
The original consolidated financial statements included 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 CONSOLIDATED STATEMENT OF
KEUANGAN KONSOLIDASIAN (lanjutan) FINANCIAL POSITION (continued)
Tanggal 31 Desember 2024 As of December 31, 2024
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ December 31,
Catatan/
Notes 2024 2023*) 2022*)
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) 31a 7.577.950 7.577.950 7.577.950 B shares)
Tambahan modal disetor 31b 75.880.223 75.853.127 75.637.083 Additional paid-in-capital
Revaluation surplus arising from
premises and equipment -
Surplus revaluasi aset tetap - neto 16 20.222.379 20.216.505 20.267.952 net of tax
Differences arising from the
Selisih kurs karena penjabaran laporan translation of foreign currency
keuangan dalam mata uang asing 31c (204.632) (253.744) (127.954) financial statements
Kerugian yang belum direalisasi atas Unrealized loss on
efek-efek yang diklasifikasikan fair value through
sebagai nilai wajar melalui other comprehensive income
penghasilan komprehensif securities - net of
lain - bersih (2.196.060) (2.221.745) (4.464.483) 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 7 51.931 128.230 139.978 securities
Loss on remeasurement of
Kerugian pengukuran kembali defined benefit plan -
program imbalan pasti - neto (505.787) (2.134.699) (689.473) net of deferred tax
Modal saham diperoleh kembali
(saham treasuri) (4.349.007) (3.614.321) (2.202.178) Treasury stock
Opsi saham 30 313.404 54.769 16.356 Stock option
Cadangan kompensasi atas Provision for bonus shares
saham bonus 31f 452.031 287.482 210.266 compensation
Dampak transaksi pengendalian Impact of transaction with non-
non pengendali 31g 1.758.580 1.758.580 1.758.580 controlling interest
Saldo laba Retained earnings
Telah ditentukan penggunaannya 3.022.685 3.022.685 3.022.685 Appropriated
Belum ditentukan penggunaannya 215.070.141 210.688.737 198.147.249 Unappropriated
Total Saldo Laba 218.092.826 213.711.422 201.169.934 Total Retained Earning
Total ekuitas yang dapat diatribusikan Total Equity Attributable to Equity
kepada entitas induk 317.093.838 311.363.556 299.294.011 Holders of the Parent Entity
Kepentingan non-pengendali 31h 6.095.209 5.108.586 4.101.306 Non-controlling Interest
TOTAL EKUITAS 323.189.047 316.472.142 303.395.317 TOTAL EQUITY
TOTAL LIABILITIES
TOTAL LIABILITAS DAN EKUITAS 1.992.983.447 1.965.007.030 1.865.639.010 AND EQUITY
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 852
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/
2024 Notes 2023*)
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL FROM OPERATIONS
Pendapatan Bunga dan Syariah 32 Interest and Sharia Income
Pendapatan bunga 185.272.091 168.270.921 Interest income
Pendapatan syariah 13.994.161 12.943.607 Sharia income
Total Pendapatan Bunga dan Syariah 199.266.252 181.214.528 Total Interest and Sharia Income
Beban Bunga dan Syariah 33 Interest and Sharia Expenses
Beban bunga (56.202.797) (42.658.864) Interest expenses
Beban syariah (1.006.265) (1.153.643) Sharia expenses
Total Beban Bunga dan Syariah (57.209.062) (43.812.507)Total Interest and Sharia Expenses
Pendapatan Bunga dan Syariah - neto 142.057.190 137.402.021 Interest and Sharia income - net
Pendapatan premi 8.760.610 9.078.853 Premium income
Beban klaim (5.510.130) (6.917.461) Claim expense
Pendapatan premi - neto 3.250.480 2.161.392 Premium income - net
Pendapatan penjualan emas 18.192.082 7.982.888 Revenue from gold sold
Beban harga pokok penjualan emas (17.488.885) (7.663.244) Cost of revenue from gold sold
Pendapatan penjualan emas - neto 703.197 319.644 Revenue from gold sold - net
Pendapatan Operasional lainnya Other Operating Income
Provisi dan komisi lainnya 20.475.078 18.519.379 Other fees and commissions
Penerimaan kembali aset yang
telah dihapusbukukan Recovery of written-off assets
dan klaim asuransi 25.363.951 16.833.578 and insurance claim
Keuntungan dari penjualan Gain on sale
efek-efek - neto 2.209.474 7 1.898.653 of securities - net
Keuntungan transaksi mata uang Gain on foreign
asing - neto 1.187.862 402.526 exchange - net
Keuntungan yang belum Unrealized gain
direalisasi dari perubahan nilai on changes in fair
wajar efek-efek - 7 214.435 value of securities
Lain-lain 4.621.375 5.538.680 Others
Total Pendapatan Total Other
Operasional Lainnya 53.857.740 43.407.251 Operating Income
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 853
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/
2024 Notes 2023*)
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 (41.757.637) 34 (29.523.426) on financial assets - net
Pembalikan penyisihan Reversal of allowance for
estimasi kerugian estimated losses
komitmen dan on commitments and
kontinjensi - neto 3.596.482 26c 341.994 contingencies - net
Beban penyisihan kerugian Provision for allowance
penurunan nilai atas for impairment losses
aset non-keuangan - neto (13.008) (497.848) non financial assets - net
Beban Operasional lainnya Other Operating Expenses
Tenaga kerja dan tunjangan (39.183.567) 35,42,44 (37.850.275) Salaries and employee benefits
Umum dan administrasi (29.652.420) 36,16 (28.484.209) General and administrative
Kerugian yang belum
direalisasi atas perubahan Unrealized loss on on changes
nilai wajar efek-efek (202.928) - in fair value of securities
Lain-lain (14.077.511) (10.447.807) Others
Total Beban Operasional Lainnya (83.116.426) (76.782.291) Total Other Operating Expenses
LABA OPERASIONAL 78.578.018 76.828.737 OPERATING INCOME
BEBAN NON-OPERASIONAL NON-OPERATING EXPENSES
- NETO (978.908) 37 (399.025) - NET
LABA SEBELUM INCOME BEFORE
BEBAN PAJAK 77.599.110 76.429.712 TAX EXPENSE
BEBAN PAJAK (16.955.302) 38b (16.004.664) TAX EXPENSE
LABA BERSIH 60.643.808 60.425.048 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 2.001.031 (1.787.840) for employee benefits
Pajak penghasilan terkait Income taxes related to items
akun-akun yang tidak akan not to be reclassified
direklasifikasi ke laba rugi (376.095) 348.975 to profit or loss
Surplus revaluasi aset tetap 9.670 16 (82.365) Revaluation surplus arising
from premises and
equipment
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 854
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/
2024 Notes 2023*)
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 49.112 (125.790) financial statements
(Kerugian) keuntungan yang belum Unrealized (loss) gain on
direalisasi atas efek-efek yang fair value through other
diklasifikasikan sebagai nilai wajar comprehensive income
melalui penghasilan komprehensif lain (145.799) 1.782.067 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 (86.410) (9.105) income securities
Pajak penghasilan terkait akun-akun Income taxes related to items
yang akan direklasifikasi to be reclassified
ke laba rugi 36.285 502.669 to profit or loss
Penghasilan Komprehensif Lain Other Comprehensive Income
Tahun Berjalan - Setelah Pajak 1.487.794 628.611 for the Year - After Tax
TOTAL PENGHASILAN TOTAL COMPREHENSIVE
KOMPREHENSIF TAHUN INCOME FOR
BERJALAN 62.131.602 61.053.659 THE YEAR
LABA TAHUN BERJALAN
YANG DAPAT DIATRIBUSIKAN INCOME FOR THE YEAR
KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 60.154.887 60.099.863 Equity holders of the parent entity
Kepentingan non-pengendali 488.921 325.185 Non-controlling interest
TOTAL 60.643.808 60.425.048 TOTAL
TOTAL PENGHASILAN TOTAL COMPREHENSIVE
KOMPREHENSIF INCOME
TAHUN BERJALAN YANG DAPAT FOR THE YEAR
DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 61.788.171 60.708.390 Equity holders of the parent entity
Kepentingan non-pengendali 343.431 345.269 Non-controlling interest
TOTAL 62.131.602 61.053.659 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 399 398 Basic
Dilusian 399 398 Diluted
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 855
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/ uang asing/ tangguhan/ setelah pajak Opsi saham aset tetap - transaksi Total
Allowance for Differences Unrealized tangguhan/ dan cadangan setelah pajak/ dengan ekuitas pemilik
Impairment arising from gain (loss) on Gain (loss) on kompensasi atas Revaluation kepentingan Saldo Laba/Retained earning entitas induk/
Modal losses on the translation fair value remeasurement saham bonus/ surplus non-pengendali/ Total equity Kepentingan
ditempatkan dan Tambahan fair value of foreign through other of Share option and arising from Impact of Telah Belum attributable non
disetor penuh/ modal disetor/ through other currency comprehensive defined benefit provision for premises and transaction with ditentukan ditentukan to equity pengendali/
Catatan/ Issued and fully Additional paid comprehensive 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 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 2022 7.577.950 75.637.083 139.978 (127.954) (4.464.483) (689.473) (2.202.178) 226.622 20.267.952 1.758.580 3.022.685 198.147.249 299.294.011 4.101.306 303.395.317 December 31, 2022
Laba tahun berjalan - - - - - - - - - - - 60.099.863 60.099.863 325.185 60.425.048 Income for the year
Penghasilan Other comprehensive
komprehensif lainnya - - (11.748) (125.790) 2.242.738 (1.445.226) - - (51.447) - - - 608.527 20.084 628.611 income
Total penghasilan Total other comprehensive
komprehensif untuk income for the year
tahun berjalan - - (11.748) (125.790) 2.242.738 (1. 445.226) - - (51.447) - - 60.099.863 60.708.390 345.269 61.053.659
Pembagian laba Distribution of income
- Dividen atas laba bersih - Dividend on net income
tahun 2022 31d - - - - - - - - - - - (34.891.943) (34.891.943) (25.861) (34.917.804) for the year 2022
- Dividen interim atas laba bersih - Interim dividend on net income
tahun 2023 31d - - - - - - - - - - - (12.666.432) (12.666.432) - (12.666.432) for the year 2023
Saham bonus 31f - 216.044 - - - - 31.305 77.216 - - - - 324.565 - 324.565 Bonus shares
Opsi saham 30 - - - - - - - 38.413 - - - - 38.413 (9) 38.404 Stock option
Perubahan kepentingan
non-pengendali Change of non-controlling
pada entitas anak 1f - - - - - - - - - - - - - 133.910 133.910 interest
Saham treasuri 1d - - - - - - (1.443.448) - - - - - (1.443.448) - (1.443.448) Treasury stock
Tambahan modal disetor 1f - - - - - - - - - - - - - 553.971 553.971 Additional paid-in capital
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
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 856
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/ uang asing/ tangguhan/ setelah pajak Opsi saham aset tetap - transaksi Total
Allowance for Differences Unrealized tangguhan/ dan cadangan setelah pajak / dengan ekuitas pemilik
Impairment arising from gain (loss) on Gain (loss) on kompensasi atas Revaluation kepentingan Saldo Laba/Retained earning entitas induk/
Modal losses on the translation fair value remeasurement saham bonus/ surplus non-pengendali/ Total equity Kepentingan
ditempatkan dan Tambahan fair value of foreign through other of Share option and arising from Impact of Telah Belum attributable non
disetor penuh/ modal disetor/ through other currency comprehensive defined benefit provision for premises and transaction with ditentukan ditentukan to equity pengendali/
Catatan/ Issued and fully Additional paid comprehensive 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 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
Laba tahun berjalan - - - - - - - - - - - 60.154.887 60.154.887 488.921 60.643.808 Income for the year
Penghasilan Other comprehensive
komprehensif lainnya - - (76.299) 49.112 25.685 1.628.912 - - 5.874 - - - 1.633.284 (145.490) 1.487.794 income
Total penghasilan Total other comprehensive
komprehensif untuk income for the year
tahun berjalan - - (76.299) 49.112 25.685 1.628.912 - - 5.874 - - 60.154.887 61.788.171 343.431 62.131.602
Pembagian laba Distribution of income
- Dividen atas laba bersih - Dividend on net income
tahun 2023 31d - - - - - - - - - - - (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 31d - - - - - - - - - - - (20.337.632) (20.337.632) - (20.337.632) in 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
Perubahan kepentingan
non-pengendali Change of non-controlling
pada entitas anak 1f - - - - - - - - - - - - - (58.514) (58.514) interest
Saham treasuri 1d - - - - - - (875.758) - - - - - (875.758) - (875.758) Treasury stock
Tambahan modal disetor 1f - - - - - - - - - - - - - 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 (204.632) (2.196.060) (505.787) (4.349.007) 765.435 20.222.379 1.758.580 3.022.685 215.070.141 317.093.838 6.095.209 323.189.047 December 31, 2024
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 857
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/
2024 Notes 2023*)
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN OPERASI OPERATING ACTIVITIES
Pendapatan yang diterima Income received
Penerimaan bunga dan investasi 191.363.148 171.287.312 Interest and investment income
Pendapatan syariah 13.891.084 12.922.019 Sharia income
Pendapatan premi 8.760.610 8.996.516 Premium income
Pendapatan penjualan emas 18.192.082 7.982.888 Revenue from gold sold
Beban yang dibayar Expense paid
Beban bunga (56.282.443) (42.461.798) Interest expense
Beban syariah (993.686) (1.161.971) Sharia expense
Beban klaim (5.547.858) (6.549.595) Claim expense
Beban harga pokok penjualan emas (17.488.885) (7.663.244) Cost of revenue from gold sold
Penerimaan kembali aset yang Recovery of
telah dihapusbukukan 25.363.951 16.833.578 written-off assets
Pendapatan operasional lainnya 27.775.215 27.049.409 Other operating income
Beban operasional lainnya (84.973.178) (75.776.851) Other operating expenses
Beban non-operasional - neto (1.108.735) (568.000) Non-operating expense - net
Pembayaran atas pajak penghasilan Payment of corporate
badan (13.742.335) (14.279.292) income tax
Arus kas sebelum perubahan Cash flows before changes in
dalam aset dan liabilitas operasi 105.208.970 96.610.971 operating assets and liabilities
Perubahan dalam aset Changes in operating assets
dan liabilitas operasi: and liabilities:
(Kenaikan) penurunan (Increase) decrease
aset operasi: in operating assets:
Penempatan pada Placement with Bank
Bank Indonesia dan Indonesia and Other
Lembaga Keuangan Lain 1.273.810 (505.646) Financial Institutions
Efek-efek yang diukur pada Securities measured at fair
nilai wajar melalui value through
laporan laba rugi (976.011) (1.277.298) profit or loss
Wesel ekspor dan Export bills and
tagihan lainnya 13.473.275 (15.015.682) other receivables
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 16.749.541 17.419.447 agreement to resell
Kredit yang diberikan (127.686.861) (151.950.901) Loans
Pinjaman syariah (4.133.183) (8.019.499) Sharia loans
Piutang pembiayaan 1.479.857 (1.213.941) Finance receivables
Aset lain-lain 1.562.240 (15.982.596) Other assets
Kenaikan (penurunan) Increase (decrease) in
liabilitas operasi: operating liabilities:
Liabilitas segera 6.169.854 5.741.228 Liabilities due immediately
Simpanan: Deposits:
Giro 28.429.968 (3.631.218) Demand deposits
Tabungan 16.481.397 5.297.630 Saving deposits
Deposito berjangka (37.790.022) 48.778.336 Time deposits
Simpanan dari bank lain dan Deposits from other banks and
lembaga keuangan lain 2.721.163 2.623.772 other financial institutions
Efek-efek yang dijual dengan Securities sold under
janji dibeli kembali 5.964.259 9.081.866 agreement to repurchase
Liabilitas lain-lain (4.645.149) 7.072.077 Others liabilities
Kas neto yang diperoleh dari Net cash provided by (used in)
(digunakan untuk) kegiatan operasi 24.283.108 (4.971.454) operating activities
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 858
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/
2024 Notes 2023*)
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN INVESTASI INVESTING ACTIVITIES
Proceeds from sales of premises
Hasil penjualan aset tetap 129.827 168.975 and equipment
Penjualan (penambahan) Sale (purchase) Investment in
penyertaan saham (4.912) 36.137 shares
Penerimaan dividen 137.035 15 75.572 Dividend Income
Perolehan aset tetap (10.334.588) (8.177.296) Acquisition of premises and
equipments
Penurunan efek-efek yang 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 9.884.449 2.907.520 cost
Kas neto yang digunakan untuk Net cash used in
kegiatan investasi (188.189) (4.989.092) investing activities
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN PENDANAAN FINANCING ACTIVITIES
Penerimaan pinjaman yang diterima 42.489.276 51 31.573.410 Proceeds from fund borrowing
Pembayaran pinjaman yang diterima (13.300.712) 51 (12.212.871) Payments of fund borrowing
Saham yang dibeli kembali (875.758) (1.382.284) Treasury stock
Pembagian laba untuk dividen (48.102.283) 31 (43.494.766) Distribution of income for dividend
Penerimaan pinjaman subordinasi - 51 494.142 Proceeds of subordinated loans
Pembayaran pinjaman subordinasi - 51 (500.000) Payments of subordinated loans
Penerimaan dari surat berharga Proceeds from marketable
yang diterbitkan 10.905.923 24,51 14.112.994 securities issued
Pembayaran atas surat berharga Payments of matured marketable
yang jatuh tempo (28.578.477) 24,51 (28.141.850) securities issued
Kas neto yang digunakan untuk Net cash used in financing
kegiatan pendanaan (37.462.031) (39.551.225) activities
PENURUNAN NETO DECREASE IN CASH
KAS DAN SETARA KAS (13.367.112) (49.511.771) AND CASH EQUIVALENTS
EFFECT OF EXCHANGE RATE
PENGARUH PERUBAHAN CHANGES ON FOREIGN
KURS MATA UANG ASING 17.758 (2.663) CURRENCIES
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AWAL TAHUN 218.677.734 268.192.168 AT BEGINNING OF THE YEAR
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AKHIR TAHUN 205.328.380 218.677.734 AT END OF THE YEAR
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 859
The original consolidated financial statements included 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 2024 For the Year Ended December 31, 2024
(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/
2024 Notes 2023*)
Kas dan Setara Kas akhir tahun Cash and cash equivalents at
terdiri dari: the end of the year consist of:
Kas 29.783.642 3 31.603.784 Cash
Current accounts with Bank
Giro pada Bank Indonesia 88.878.969 4 101.909.121 Indonesia
Current accounts with
Giro pada bank lain 25.582.825 5 22.331.919 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 56.601.825 6 62.678.940 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 4.481.119 153.970 the acquisition date
Total Kas dan Setara Kas 205.328.380 218.677.734 Total Cash and Cash Equivalent
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (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 860
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 on 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 November
No. C2-24930.HT.01.04.TH.98 tanggal 13, 1998 and published in Supplement No. 7216
13 November 1998 dan telah diumumkan of the Republic of Indonesia State Gazette
dalam Berita Negara Republik Indonesia No. 86 dated October 26, 1999 and notarial deed
No. 86, Tambahan No. 7216 tanggal No. 7 dated October 3, 2003 of Notary Imas
26 Oktober 1999 dan Akta No. 7 tanggal Fatimah, S.H., among others, regarding BRI’s
3 Oktober 2003 Notaris Imas Fatimah, S.H., status and compliance with the Capital Market
antara lain tentang status perusahaan dan Laws approved by the Minister of Justice and
penyesuaian dengan Undang-Undang Pasar Human Rights of the Republic of Indonesia in its
Modal dan telah disahkan oleh Menteri Decision Letter No. C-23726 HT.01.04.TH.2003
Kehakiman dan Hak Asasi Manusia Republik dated October 6, 2003 and published in
Indonesia dengan Surat Keputusan Supplement No. 11053 of the Republic of
No. C-23726 HT.01.04.TH.2003 tanggal Indonesia State Gazette No. 88 dated
6 Oktober 2003 dan telah diumumkan dalam November 4, 2003.
Berita Negara Republik Indonesia No. 88,
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 861
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 transferred
(“Bapepam-LK”) (fungsinya sejak 1 Januari to the Financial Services Authority (“OJK”) since
2013 dialihkan kepada Otoritas Jasa Keuangan January 1, 2013, No. IX.J.I on “The Main
(“OJK”)), No. IX.J.I tentang “Pokok-pokok Principles of the Articles of Association of a
Anggaran Dasar Perseroan yang Melakukan Company that Conduct Public Offering of Shares
Penawaran Umum Efek Bersifat Ekuitas dan and Public Company”, which was approved by
Perusahaan Publik”, yang telah mendapatkan the Minister of Law and Human Rights of the
persetujuan dari Menteri Hukum dan Hak Asasi Republic of Indonesia in its Decision Letter
Manusia Republik Indonesia dengan Surat No. AHU-48353.AH.01.02 Year 2008, dated
Keputusan No. AHU-48353.AH.01.02.Tahun August 6, 2008 and was published in
2008 tanggal 6 Agustus 2008 dan telah 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.
Selanjutnya, Anggaran Dasar BRI dimuat Furthermore, BRI's Articles of Association are
dalam Akta No. 32 tanggal 22 April 2024 yang documented in Notarial Deed No. 32 dated April
dibuat di hadapan Notaris Fathiah Helmi, S.H., 22, 2024, 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.01.03-0092097 tanggal No. AHU-AH.01.03-0092097 dated April 23,
23 April 2024. Perubahan dilakukan dalam 2024. The changes were made in the context of
rangka penyesuaian dengan Peraturan OJK compliance to the OJK Regulation ("POJK")
(“POJK”) No. 15/POJK.04/2020 tentang No. 15/POJK.04/2020 regarding the Plan and
Rencana dan Penyelenggaraan Rapat Umum Organizing of Public Companies' General
Pemegang Saham (“RUPS”) Perusahaan Meeting of Shareholders ("GMS") and POJK
Terbuka dan POJK No. 16/POJK.04/2020 No. 16/POJK.04/2020 regarding the Electronic
tentang Pelaksanaan RUPS Perusahaan Holding of Public Company GMS, as well as
Terbuka Secara Elektronik, serta modal disetor. paid-in capital.
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.
BRI dimiliki oleh Pemerintah Republik BRI is owned by the Government of the Republic
Indonesia selaku pemegang saham mayoritas. of Indonesia as the majority shareholder.
14
Page 862
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. UMUM (lanjutan) 1. GENERAL (continued)
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.
c. Penawaran Umum Saham Perdana, b. 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.
15
Page 863
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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).
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.
16
Page 864
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. 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. Related to PMHMETD I, BRI
(PMHMETD I), sesuai hasil keputusan RUPSLB had obtained shareholder approval in
tanggal 22 Juli 2021 sebagaimana tercantum accordance with the results of the Extraordinary
dalam Akta No. 61 tanggal 22 Juli 2021, Notaris General Meeting of Shareholder dated July 22,
Fathiah Helmi S.H., serta telah mendapat 2021 was documented in Notarial Deed No. 61
pernyataan efektif dari Otoritas Jasa Keuangan dated July 22, 2021 of Notary Fathiah Helmi,
(OJK) pada tanggal 30 Agustus 2021 sesuai S.H. in Jakarta and had received an effective
dengan Surat OJK No. S-152/D.04/2021 statement from the Financial Services Authority
tanggal 30 Agustus 2021. (OJK) on August 30, 2021 through its letter No.
S-152/D.04/2021 dated August 30, 2021.
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 was
Rp3.400 (nilai penuh). Tanggal perdagangan from 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.
17
Page 865
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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 sourced from treasury stock. This resulted to a
bersumber dari saham treasuri. Hal ini reduction in treasury stocks of 84,600 shares
mengakibatkan pengurangan saham treasuri with an acquisition price per share of Rp2,182
sebanyak 84.600 lembar saham dengan harga (full amount) or equivalent to a total of
perolehan per lembar saham Rp2.182 (nilai 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 to Rp89,506,518 (full amount).
penuh).
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).
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).
18
Page 866
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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).
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).
19
Page 867
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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).
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).
20
Page 868
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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). The difference between the value of
atau setara Rp125.341.272.000 (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 Rp57.980.755.971 Rp57,980,755,971 (full amount). For
(nilai penuh). Atas transaksi yang terjadi pada transactions that occurred in 2021, the total
tahun 2021, total saham treasuri yang dimiliki treasury stock owned by BRI were 15,931,900
oleh BRI adalah sebanyak 15.931.900 lembar shares.
saham.
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.
21
Page 869
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 (Notes 31b).
31b).
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.
22
Page 870
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 (Notes 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 (Notes 31b).
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.
23
Page 871
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 (Notes 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.
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 (Notes 31b).
24
Page 872
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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.
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 2024, total As of December 31, 2024, the total treasury
saham treasuri yang dimiliki oleh BRI sebanyak stocks owned by BRI were 909,878,300 shares.
909.878.300 lembar saham.
e. Struktur dan Manajemen e. Structure and Management
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023 BRI has the
2023, BRI memiliki jaringan unit kerja dengan following networks of work unit (unaudited):
rincian sebagai berikut (tidak diaudit):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 453 453 Domestic Branch Offices
Kantor Cabang/Kantor Perwakilan Overseas Branch/Representative
di Luar Negeri 6 6 Offices
Kantor Cabang Pembantu (KCP)
Dalam Negeri*) 7.014 7.155 Domestic Sub-branch Offices*)
Kantor Cabang Pembantu (KCP)
di Luar Negeri 3 3 Overseas Sub-branch Offices
Teras Keliling 69 115 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 2024 dan As of December 31, 2024 and 2023, BRI has 5
2023, 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.
25
Page 873
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, BRI has
2023, BRI memiliki 10 (sepuluh) entitas anak 10 (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 divisi, kepala satuan kerja audit intern remuneration committee, head of divisions, head
dan kepala audit intern wilayah, pemimpin of 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.
Total pekerja BRI dan entitas anak masing- The number of BRI and subsidiaries’s
masing pada tanggal-tanggal 31 Desember employees as of December 31, 2024 and 2023
2024 dan 2023 adalah sebagai berikut (tidak are (unaudited):
diaudit):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 59.495 60.084 (Persero) Tbk
Entitas Anak 21.676 20.081 Subsidiaries
81.171 80.165
Susunan Dewan Komisaris BRI pada tanggal The composition of BRI's Board of
31 Desember 2024 ditetapkan berdasarkan Commissioners as of December 31, 2024 was
Rapat Umum Pemegang Saham (RUPS) appointed based on Annual General Meeting of
Tahunan BRI yang dimuat dalam Akta Notaris Shareholders (AGMS) of BRI, each of which was
Fathiah Helmi, S.H., No. 31 tanggal 22 April stated in the Notarial Deed of Fathiah Helmi,
2024. Adapun Susunan Dewan Komisaris BRI S.H., No. 31 dated April 22, 2024. The
pada tanggal 31 Desember 2023 ditetapkan composition of the Board of Commissioners of
berdasarkan RUPS Tahunan BRI yang dimuat BRI as of December 31, 2023 was appointed
dalam Akta No. 1 tanggal 2 Mei 2023 yang based on the Extraordinary and Annual GMS of
dibuat oleh Notaris Fathiah Helmi, S.H.: BRI stated in the Notarial Deed of Fathiah Helmi,
S.H., No. 1 dated May 2, 2023:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Komisaris Utama/Komisaris : Kartika Wirjoatmodjo Kartika Wirjoatmodjo : President Commissioner/Commissioner
Wakil Komisaris Utama/ Vice President Commissioner/
Komisaris Independen : Rofikoh Rokhim Rofikoh Rokhim : Independent Commissioner
Komisaris Independen : Haryo Baskoro Hendrikus Ivo : Independent Commissioner
Wicaksono
Komisaris Independen : Agus Riswanto Agus Riswanto : Independent Commissioner
Komisaris Independen : Dwi Ria Latifa Dwi Ria Latifa : Independent Commissioner
Komisaris Independen : Nurmaria Sarosa Nurmaria Sarosa : Independent Commissioner
Komisaris Independen : Heri Sunaryadi Heri Sunaryadi : Independent Commissioner
Komisaris Independen : Paripurna Poerwoko Paripurna Poerwoko : Independent Commissioner
Sugarda Sugarda
Komisaris : Rabin Indrajad Rabin Indrajad : Commissioner
Hattari Hattari
Komisaris : Awan Nurmawan Nuh Awan Nurmawan Nuh : Commissioner
26
Page 874
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Susunan Direksi BRI pada tanggal The composition of BRI's Directors as of
31 Desember 2024 ditetapkan berdasarkan December 31, 2024 was appointed based on
Rapat Umum Pemegang Saham (RUPS) Annual General Meeting of Shareholders
Tahunan BRI yang dimuat dalam Akta Notaris (AGMS) of BRI, each of which was stated in the
Fathiah Helmi, S.H., No. 31 tanggal 22 April Notarial Deed of Fathiah Helmi, S.H., No. 31
2024. Adapun Susunan Direksi BRI pada dated April 22, 2024. The composition of BRI's
tanggal 31 Desember 2023 ditetapkan Directors as of December 31, 2023 was
berdasarkan RUPS Tahunan BRI yang dimuat appointed based on the Extraordinary and
dalam Akta No. 1 tanggal 2 Mei 2023 yang Annual GMS of BRI stated in the Notarial Deed
dibuat oleh Notaris Fathiah Helmi, S.H.: of Fathiah Helmi, S.H., No. 1 dated May 2, 2023:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Direktur Utama : Sunarso Sunarso : President Director
Wakil Direktur Utama : Catur Budi Harto Catur Budi Harto : Vice President Director
Direktur : Viviana Dyah Ayu R.K Viviana Dyah Ayu R.K : Director
Direktur : Amam Sukriyanto Amam Sukriyanto : Director
Direktur : Andrijanto Andrijanto : Director
Direktur : Handayani Handayani : Director
Direktur : Supari Supari : Director
Direktur : Arga Mahanana Arga Mahanana : Director
Nugraha Nugraha
Direktur : Agus Sudiarto Agus Sudiarto : Director
Direktur : Agus Noorsanto Agus Noorsanto : Director
Direktur : Agus Winardono Agus Winardono : Director
Direktur : Ahmad Solichin Ahmad Solichin : Director
Lutfiyanto Lutfiyanto
Susunan Komite Audit BRI pada tanggal The composition of BRI’s Audit Committee as of
31 Desember 2024 ditetapkan berdasarkan December 31, 2024 determined based on
Surat Keputusan Direksi No. Kep 1786- Directors’ Decision Letter No. Kep 1786-
DIR/HBS/09/2024 tanggal 9 September 2024. DIR/HCB/09/2024 dated September 9, 2024 and
Adapun susunan Komite Audit BRI pada December 31, 2023 was appointed based on
tanggal 31 Desember 2023 ditetapkan Directors’ Decision Letter No. Kep. 2351-
berdasarkan Surat Keputusan Direksi DIR/HCB/10/2023 dated October 3, 2023:
No. Kep 2351-DIR/HCB/10/2023 tanggal
3 Oktober 2023:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Ketua : Rofikoh Rokhim Hendrikus Ivo : Chairman
Anggota : Heri Sunaryadi Rofikoh Rokhim : Member
Anggota : Agus Riswanto Heri Sunaryadi : Member
Anggota : Haryo Baskoro Wicaksono Agus Riswanto : Member
Anggota : Bintoro Nurcahyo Sahat Pardede : Member
Anggota : Irwanto Irwanto : Member
Anggota : Loethano Boy Meizardi Duma Riana Hutapea : Member
Anggota : Donny Himawan
Anggota : Thauriq Anwar
Sekretaris Perusahaan BRI pada tanggal As of December 31, 2024 and 2023, the position
31 Desember 2024 dan 2023 dijabat oleh of BRI Corporate Secretary was Agustya Hendy
Agustya Hendy Bernadi berdasarkan Surat Bernadi based on Directors’ Decision Letter
Keputusan Direksi No. Kep 1616 DIR/HCB/ No. Kep 1616 DIR/HCB/08/2023 dated August 1,
08/2023 tanggal 1 Agustus 2023. 2023.
27
Page 875
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024, Head of the BRI
tanggal 31 Desember 2024 dijabat oleh Internal Audit Unit was Yulianto Setiawan
Yulianto Setiawan (tmt 1 Desember 2024) (effective from December 1, 2024) in accordance
sesuai Surat Keputusan Direksi BRI with the Decree of the Directors of BRI
No. Kep. 4221-DIR/HBS/11 2024 tanggal No. Kep 4221-DIR/HBS/11/2024 dated
29 November 2024*), dan Kepala Satuan Kerja November 29, 2024 and December 31, 2023, the
Audit Intern BRI pada tanggal 31 Desember Head of the BRI Internal Audit Unit was
2023 dijabat oleh Triswahju Herlina sesuai Triswahju Herlina in accordance with the Decree
Surat Keputusan Direksi BRI No. Kep 339-DIR/ of the Directors of BRI No. Kep 339-DIR/
HCB/03/2022 tanggal 7 Maret 2022. HCB/03/2022 dated March 7, 2022.
*) 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
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 No.
memiliki 88,65% dari seluruh saham yang 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.
28
Page 876
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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
Bapepam-LK No. Kep-259/BL/2008, tanggal Letter of Chairman of Bapepam-LK
30 Juni 2008, tentang “Pengambilalihan No. Kep-259/BL/2008 dated June 30, 2008
Perusahaan Terbuka”, BRI sebagai pengendali regarding the “Takeover of Public Company”,
baru Bank Agro diwajibkan untuk melaksanakan BRI, as the new controlling shareholder of Bank
Penawaran Tender terhadap saham Bank Agro Agro, obliged to execute Tender Offer on the
yang dimiliki pemegang saham publik. remaining Bank Agro’s shares which are owned
Pernyataan Penawaran Tender telah dinyatakan by the public. The Tender Offer statement has
efektif pada tanggal 4 Mei 2011 berdasarkan become effective on May 4, 2011 based
Surat Ketua Bapepam-LK No. S-4985/BL/2011 on the Chairman of Bapepam-LK’s Letter
dan telah diumumkan pada 2 (dua) surat kabar No. S-4985/BL/2011 and was announced on
harian, yaitu Bisnis Indonesia dan Investor Daily, May 5, 2011, in two daily newspapers, Bisnis
keduanya pada tanggal 5 Mei 2011. Masa Indonesia and Investor Daily. The Tender Offer
Penawaran Tender dimulai pada tanggal 5 Mei period commenced on May 5, 2011 and
2011 dan berakhir pada tanggal 24 Mei 2011. concluded on May 24, 2011. At the end of the
Pada tanggal penutupan masa Penawaran Tender Offer period, BRI purchased
Tender, terdapat 113.326.500 lembar saham 113,326,500 shares (3.15% of the total shares
(3,15% dari seluruh saham Bank Agro) yang of Bank Agro). The tender offer price is Rp182
dibeli oleh BRI. Harga Penawaran Tender yang (full amount) per share.
digunakan adalah sebesar Rp182 (nilai penuh)
per lembar saham.
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 Bapepam-
beli Dapenbun dengan harga Rp109 (nilai LK’s Regulation No. IX.H.1, the payback period
penuh) per lembar saham. Selanjutnya sesuai of Tender Offer is within 2 (two) years. However,
peraturan Bapepam-LK No. IX.H.1, jangka specifically for Bank Agro, BRI had the
waktu pengembalian tender offer adalah selama obligation to meet minimum public shareholding
2 (dua) tahun. Namun, khusus untuk Bank Agro of 10% at no later than May 24, 2013. This is to
maka BRI wajib memenuhi kepemilikan saham comply with the Letter from the Indonesia Stock
publik minimal adalah sebesar 10% dan harus Exchange No. S-06472/BEI.PPJ/09-2011 dated
dipenuhi paling lambat pada tanggal 24 Mei September 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.
29
Page 877
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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").
mendapatkan persetujuan dari Bank Indonesia This change has been approved by Bank
sesuai Surat Keputusan Gubernur Bank Indonesia in its Governor's Decision
Indonesia No. 14/72/KEP.GBI/2012 tanggal Letter No. 14/72/KEP.GBI/2012 dated
10 Oktober 2012. October 10, 2012.
Pada tanggal 10 Mei 2013, BRI Agro On May 10, 2013, BRI Agro submitted
menyampaikan Pernyataan Pendaftaran Registration Statement of Limited Public Offering
Penawaran Umum Terbatas IV (“PUT IV”) IV (“PUT IV”) to the Board of Commissioners of
kepada Dewan Komisioner OJK dalam rangka OJK in connection with the issuance of
penerbitan Hak Memesan Efek Terlebih Dahulu Preemptive Rights of 3,846,035,599 Common
sebanyak-banyaknya 3.846.035.599 Saham Shares with nominal value of Rp100 (full amount)
Biasa Atas Nama dengan nilai nominal Rp100 per share. On June 26, 2013, the Board of
(nilai penuh) per lembar saham. Pada tanggal Commissioners of OJK through its letter
26 Juni 2013, Dewan Komisioner OJK melalui No. S-186/D.04/2013, approved the Registration
surat No. S-186/D.04/2013 menyetujui Statement of Limited Public Offering IV, thus
Pernyataan Penawaran Umum Terbatas IV increasing the number of its issued capital stock
tersebut sehingga meningkatkan jumlah modal by 3,832,685,599 shares.
sahamnya sebanyak 3.832.685.599 lembar
saham.
Hasil dari PUT IV menyebabkan Anggaran As a result of PUT IV, BRI Agro’s Articles of
Dasar BRI Agro mengalami perubahan Association was amended as stated in Deed of
sebagaimana dituangkan dalam Akta Meeting Decision Statement No. 107 dated July
Pernyataan Keputusan Rapat No. 107 tanggal 30, 2013, of Notary M. Nova Faisal, S.H., M.Kn.,
30 Juli 2013, Notaris M. Nova Faisal, S.H., regarding the increase in issued and fully paid
M.Kn., mengenai peningkatan modal capital, 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
80,43%, Dapenbun 14,02% dan publik 5,55%. Minister of Law and Human Rights of the
Perubahan ini telah mendapat persetujuan dari Republic of Indonesia in its Decision Letter
Menteri Hukum dan Hak Asasi Manusia No. AHU-0074249.AH.01.09 Year 2013 dated
Republik Indonesia dalam Surat Keputusan August 1, 2013.
No. AHU-0074249.AH.01.09 tahun 2013 tanggal
1 Agustus 2013.
30
Page 878
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 of 5,588,085,883 Common
sebanyak 5.588.085.883 Saham Biasa Atas Shares with nominal value of Rp100 (full amount)
Nama dengan nilai nominal Rp100 (nilai penuh) per share. On June 17, 2015, the Board of
per lembar saham. Pada tanggal Commissioners of OJK through its letter
17 Juni 2015, Dewan Komisioner OJK melalui No. S-259/D.04/2015 notified BRI Agro that its
surat No. S-259/D.04/2015 memberitahukan Registration Statement of Limited Public Offering
mengenai Efektifnya Pernyataan Pendaftaran V has become effective, thus increasing the
Penawaran Umum Terbatas V sehingga number of its issued capital stock by
meningkatkan jumlah modal sahamnya 4,028,934,521 shares.
sebanyak 4.028.934.521 lembar saham.
Hasil dari PUT V menyebabkan Anggaran Dasar As a result of PUT V, BRI Agro’s Articles of
BRI Agro mengalami perubahan sebagaimana Association was amended as stated in Notarial
dituangkan dalam Akta Pernyataan Keputusan Deed of Decision Meeting Statement and
Rapat dan Perubahan Anggaran Dasar No. 68 Amendment of Articles of Association No. 68
tanggal 14 Juli 2015, Notaris M. Nova Faisal, dated July 14, 2015 of Notary M. Nova Faisal,
S.H., M.Kn., mengenai peningkatan modal S.H., M.Kn., regarding the increase in issued and
ditempatkan dan disetor penuh sehingga fully paid capital, increasing BRI’s ownership in
kepemilikan saham BRI di BRI Agro menjadi BRI Agro to 87.23%, Dapenbun’s to 9.10% and
87,23%, Dapenbun 9,10% dan publik 3,67%. public’s to 3.67%. 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 and
Hukum dan Hak Asasi Manusia Republik Human Rights 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.
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.
(nilai penuh) per lembar saham dengan periode
pelaksanaan dari 9 Juni 2017 sampai dengan
11 Juni 2018.
31
Page 879
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 PUT VI menyebabkan Anggaran As a result of PUT VI, BRI Agro’s Articles of
Dasar BRI Agro mengalami perubahan Association was amended as stated in Notarial
sebagaimana dituangkan dalam Akta Deed of Decision Meeting Statement No. 58
Pernyataan Keputusan Rapat No. 58 tanggal dated December 27, 2016, of Notary M. Nova
27 Desember 2016, Notaris M. Nova Faisal, Faisal, S.H., M.Kn., regarding the increase in
S.H., M.Kn., mengenai peningkatan modal issued and fully paid capital, resulting in BRI’s
ditempatkan dan disetor penuh sehingga ownership di BRI Agro to be at 87.23%,
kepemilikan saham BRI di BRI Agro tetap Dapenbun’s to be at 7.08% and public’s to be at
sebesar 87,23%, Dapenbun 7,08% dan publik 5.69%. This amendment was accepted and
5,69%. Perubahan ini telah diterima dan dicatat recorded in the Legal Entity Administration
di dalam Sistem Administrasi Badan Hukum oleh System by the Minister of Law and
Menteri Hukum dan Hak Asasi Manusia Human Rights of the Republic of Indonesia
Republik Indonesia dalam Surat Penerimaan in its Acknowledgement Letter of PT Bank
Pemberitahuan Perubahan Anggaran Dasar Rakyat Indonesia Agroniaga Tbk Articles
PT Bank Rakyat Indonesia Agroniaga Tbk of Association Amendment Notice No. AHU-
No. AHU-AH.01.03-0112637 tanggal AH.01.03-0112637 dated December 27, 2016.
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.
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 dalam OJK in connection with the issuance of Additional
rangka PMHMETD sebanyak-banyaknya Capital with Preemptive Rights of 2,515,555,707
2.515.555.707 lembar saham biasa dengan nilai common shares at most with nominal value of
nominal Rp100 (nilai penuh) per lembar saham. Rp100 (full amount) per share. On June 12,
Pada tanggal 12 Juni 2017, Dewan Komisioner 2017, the Board of Commissioners of OJK
OJK melalui surat No. S-293/D.04/2017 through its letter No. S-293/D.04/2017 notified
memberitahukan mengenai Efektifnya BRI Agro that its Registration Statement of
Pernyataan Pendaftaran Penawaran Umum Limited Public Offering VII has become effective,
Terbatas VII sehingga meningkatkan jumlah thus increasing the number of its issued capital
modal sahamnya sebanyak 2.515.555.707 stock by 2,515,555,707 shares.
lembar saham.
32
Page 880
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 PUT VII menyebabkan Anggaran As a result of PUT VII, BRI Agro’s Articles of
Dasar BRI Agro mengalami perubahan Association was amended as stated in Notarial
sebagaimana dituangkan dalam Akta Deed of Decision Meeting Statement No. 19
Pernyataan Keputusan Rapat No. 19 tanggal dated July 21, 2017, of Notary M. Nova Faisal,
21 Juli 2017, Notaris M. Nova Faisal, S.H., S.H., M.Kn., regarding the increase in issued and
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
PT Bank Rakyat Indonesia Agroniaga Tbk Notice No. AHU-AH.01.03-0154825 dated
No. AHU-AH.01.03-0154825 tanggal July 21, 2017.
21 Juli 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.
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 dalam Commissioners of OJK in connection with the
rangka PMHMETD sebanyak-banyaknya issuance of Additional Capital with Preemptive
5.001.089.604 lembar saham biasa dengan nilai Rights of 5,001,089,604 common shares at
nominal Rp100 (nilai penuh) per lembar saham. most with nominal value of Rp100 (full amount)
Pada tanggal 30 Agustus 2018, per share. On August 30, 2018, the Board of
Dewan Komisioner OJK melalui surat Commissioners of OJK through its letter
No. S-113/D.04/2018 memberitahukan No. S-113/D.04/2018 notified BRI Agro that its
mengenai Efektifnya PUT VIII sehingga Registration Statement of Limited Public
meningkatkan jumlah modal sahamnya Offering VIII has become effective, thus
sebanyak 2.889.085.049 lembar saham. increasing the number of its issued capital stock
by 2,889,085,049 shares.
33
Page 881
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 PUT VIII menyebabkan Anggaran As a result of PUT VIII, BRI Agro’s Articles of
Dasar BRI Agro mengalami perubahan Association was amended as stated in Notarial
sebagaimana dituangkan dalam Akta Deed of Decision Meeting Statement No. 1
Pernyataan Keputusan Rapat No. 01 tanggal dated October 2, 2018, of Notary M. Nova
2 Oktober 2018, Notaris M. Nova Faisal, S.H., Faisal, S.H., M.Kn., regarding the increase in
M.Kn., mengenai peningkatan modal issued and fully paid capital. Therefore the
ditempatkan dan disetor penuh sehingga ownership of BRI in BRI Agro to be at 87.10%,
kepemilikan saham BRI di BRI Agro sebesar Dapenbun to be at 5.00% and the public to be at
87,10%, Dapenbun 5,00% dan publik 7,90%. 7.90%. This amendment was accepted
Perubahan ini telah diterima dan dicatat di dalam and recorded in the Legal Entity Administration
Sistem Administrasi Badan Hukum oleh Menteri System by the Minister of Law and
Hukum dan Hak Asasi Manusia Republik Human Rights of the Republic of Indonesia
Indonesia dalam Surat Penerimaan in its Acknowledgement Letter of PT Bank
Pemberitahuan Perubahan Anggaran Dasar Rakyat Indonesia Agroniaga Tbk Articles of
PT Bank Rakyat Indonesia Agroniaga Tbk Association Amendment Notice No. AHU-
No. AHU-AH.01.03-0249178 tanggal 4 Oktober AH.01.03-0249178 dated October 4, 2018.
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 No. AHU- Letter of PT Bank Rakyat Indonesia Agroniaga
AH.01.03-0453530 tanggal 27 September 2021. Tbk Articles of Association Amendment Notice
No. AHU-AH.01.03-0453530 dated September
27, 2021.
34
Page 882
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 People of
Manusia Republik Indonesia sesuai dengan the Republic of Indonesia in accordance with
Surat No. AHU0052731.AH.01.02 tahun 2021, Letter No. AHU0052731.AH.01.02 Year 2021,
tanggal 27 September 2021 dan telah dated September 27, 2021 and has received
mendapatkan persetujuan dari Otoritas Jasa approval from the Financial Services Authority
Keuangan melalui Surat Keputusan No. Kep- through Decree No. Kep-65/PB.1/2021
65/PB.1/2021 tentang Penetapan Penggunaan concerning Determination of the Use of a
Izin Usaha Atas Nama PT Bank Rakyat Business License in the Name of PT Bank
Indonesia Agroniaga Tbk menjadi Izin Usaha Rakyat Indonesia Agroniaga Tbk to become a
Atas Nama PT Bank Raya Indonesia Tbk pada Business License in the Name of PT Bank Raya
tanggal 1 November 2021. Adapun struktur Indonesia Tbk on November 1, 2021. The
permodalan dan susunan pemegang saham capital structure and composition of the
Perseroan diterbitkan berdasarkan Akta No. 22 Company's shareholders are issued based on
tanggal 17 Desember 2021. Deed No. 22 dated December 17, 2021.
Pada Akta Risalah RUPS Luar Biasa PT Bank In the Deed of the Extraordinary GMS of
Raya Indonesia Tbk No. 23 tanggal PT Bank Raya Indonesia Tbk No. 23 dated
27 September 2021 yang dibuat oleh Notaris M. September 27, 2021 of Notary M. Nova Faisal,
Nova Faisal, S.H., M.Kn., RUPS Luar Biasa S.H., M.Kn., Extraordinary GMS has given
telah memberikan Persetujuan untuk Penerbitan approval for the issuance of new shares through
Saham Baru melalui Penambahan Modal Additional Capital with Preemptive Rights
dengan Hak Memesan Efek Terlebih Dahulu ("PMHMETD") to shareholders which will be
(“PMHMETD”) kepada para Pemegang Saham carried out through mechanism of Limited Public
yang akan dilakukan melalui mekanisme Offering IX (“PUT IX”).
Penawaran Umum Terbatas 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.
35
Page 883
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
36
Page 884
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
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 May
23 Mei 2023, RUPS telah memberikan 23, 2023, GMS Acknowledgement has given
persetujuan untuk PMTHMETD sebagaimana approval for PMTHMETD as regulated in POJK
diatur dalam POJK No. 38/POJK.04/2014 No. 38/POJK.04/2014 dated December 29,
tanggal 29 Desember 2014 dalam rangka 2014 in 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 shares
350.000.000 lembar saham dengan nominal with a nominal value of Rp100 (full amount) per
Rp100 (nilai penuh) per lembar saham. share.
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
Pemberitahuan Perubahan Anggaran Dasar PT Acceptance of Notice of Changes to the Articles
Bank Raya Indonesia Tbk No. AHU-AH.01.03- of Association of PT Bank Raya Indonesia Tbk
0066677 tanggal 23 Mei 2023. Atas No. AHU-AH.01.03-0066677 dated May 23,
PMTHMETD untuk program MESOP, jumlah 2023. For PMTHMETD for the MESOP program,
modal ditempatkan dan disetor dalam pasal 4 the total issued and paid-up capital in article 4
ayat (2) Anggaran Dasar Bank Raya berubah paragraph (2) of Bank Raya's Articles of
menjadi sebanyak 24.740.494.294 lembar Association changed to 24,740,494,294 shares
saham sehingga kepemilikan saham BRI di so that BRI's share ownership in Bank Raya is
Bank Raya sebesar 86,85% dan publik 13,15%. 86.85% and public's 13.15%.
37
Page 885
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Anggaran Dasar terakhir Bank Raya The latest 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.
Total aset Bank Raya pada tanggal-tanggal Total assets of Bank Raya as of December 31,
31 Desember 2024 dan 2023 masing-masing 2024 and 2023 amounted to Rp13,158,236 and
adalah sebesar Rp13.158.236 dan Rp12,492,372 or 0.66% and 0.64% respectively,
Rp12.492.372 atau 0,66% dan 0,64% dari total of the total consolidated assets. Total interest
aset konsolidasian. Total pendapatan bunga income for the years ended December 31, 2024
untuk tahun yang berakhir pada tanggal-tanggal and 2023 amounted to Rp1,045,244 and
31 Desember 2024 dan 2023 masing-masing Rp890,959 or 0.46% and 0.50%, respectively, of
adalah sebesar Rp1.045.244 dan Rp890.959 the total consolidated interest, sharia, premium
atau 0,46% dan 0,50% dari total pendapatan income, and revenue from gold sold.
bunga, syariah, premi, dan penjualan emas
konsolidasian.
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 23 community branch dan the entity has 23 community branch and 2 cash
2 kantor kas. offices.
38
Page 886
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 Change of Name No. 961091 dated October 11,
No. 961091 tanggal 11 Oktober 2012 oleh 2012 by the Registrar of Companies Hong Kong
Registrar of Companies Hong Kong Special Special Administrative Region, the name of
Administrative Region, maka nama BRIngin BRIngin Remittance Company Limited was
Remittance Company Limited secara resmi officially changed to BRI Remittance Company
berubah menjadi BRI Remittance Company Limited Hong Kong.
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).
Total aset BRI Global Financial Services pada Total assets of BRI Global Financial Services as
tanggal-tanggal 31 Desember 2024 dan 2023 of December 31, 2024 and 2023 amounted to
masing-masing adalah sebesar Rp42.145 dan Rp42,145 and Rp24,232 or 0.0021% and
Rp24.232 atau 0,0021% dan 0,0012% dari total 0.0012% respectively, of the total consolidated
aset konsolidasian. asset.
39
Page 887
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
40
Page 888
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
41
Page 889
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
42
Page 890
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
43
Page 891
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. 1 tanggal 1 Maret 2024 tentang Pernyataan No. 1 dated March 1, 2024 concerning the
Keputusan Rapat Perubahan Anggaran Dasar Statement of Meeting Resolutions on
PT Asuransi BRI Life, yang dibuat di hadapan Amendments to the Articles of Association of
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.01.03-0051691 tanggal Articles of Association of PT Asuransi BRI Life
1 Maret 2024. No. AHU.AH.01.03-0051691 dated March 1,
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 January
2003. 21, 2003.
Total aset BRI Life pada tanggal-tanggal Total assets of BRI Life as of December 31, 2024
31 Desember 2024 dan 2023 masing-masing and 2023 amounted to Rp26,520,605 and
adalah sebesar Rp26.520.605 dan Rp23,678,043 or 1.33% and 1.20%, respectively,
Rp23.678.043 atau 1,33% dan 1,20% dari total of the total consolidated assets. Total interest
aset konsolidasian. Total pendapatan bunga and premium income for the years ended
dan premi untuk tahun yang berakhir pada December 31, 2024 and 2023 amounted to
tanggal-tanggal 31 Desember 2024 dan 2023 Rp9,583,023 and Rp8,506,402 or 4.24% and
masing-masing adalah sebesar Rp9.583.023 4.52% respectively, of the total consolidated
dan Rp8.506.402 atau 4,24% dan 4,52% dari interest, sharia, premium income, and revenue
total pendapatan bunga, syariah, premi, dan from gold sold.
penjualan emas konsolidasian.
Kantor pusat BRI Life berlokasi di Gedung BRI Life’s head office is located in Graha Irama
Graha Irama Lantai 15, Jl. H.R. Rasuna Said Building 15th floor, Jl. H.R Rasuna Said Blok X-
Blok X-1 Kav. 1 dan 2, Jakarta, dan memiliki 1 Kav. 1 and 2, Jakarta, and it has 26 Customer
26 kantor pelayanan. Care offices.
44
Page 892
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Atas the remaining 1%. As a result of the acquisition
akuisisi BRI Finance, BRI mencatat goodwill of BRI Finance, BRI recorded goodwill
sebesar Rp51.915 yang diklasifikasikan dalam amounting to Rp51,915 in “Other Assets”.
akun aset lain-lain.
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
No.KEP-771/NB.11/2016 tanggal 17 Oktober OJK 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.
45
Page 893
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Number 81 dated October 8, 2019, Additional
tanggal 29 April 2019, dan telah diumumkan State 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 No.
ketentuan dalam Anggaran Dasar Perseroan 35/POJK.05/2018 concerning the Operation of a
dalam rangka memenuhi ketentuan Undang- Financing Company Business, and the follow up
Undang No. 40 Tahun 2007 tentang Perseroan of the 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., Notary
Indonesia, yang dibuat di hadapan Notaris Arry in Jakarta, which has been approved by the
Supratno, S.H., di Jakarta, yang telah mendapat Minister of Law and Human Rights based on
persetujuan Menteri Hukum dan Hak Asasi Decree No. AHU-0034000.AH.01.02 Year 2023
Manusia berdasarkan Surat Keputusan Menteri dated June 16, 2023. The amendments to the
Hukum dan Hak Asasi Manusia No. AHU- Articles of Association has a purpose to adjust
0034000.AH.01.02 Tahun 2023 tanggal 16 Juni article 3 of BRI Finance’s Articles of Association
2023. Perubahan Anggaran Dasar tersebut with the 2020 Indonesian Standard Industrial
dalam rangka penyesuaian pasal 3 Anggaran Classification.
Dasar BRI Finance dengan Klasifikasi Baku
Lapangan Usaha Indonesia tahun 2020.
46
Page 894
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 terakhir dituangkan The latest amendment to the articles of
dalam Akta No. 16 tanggal 2 Juli 2024 tentang association is stated in Deed No. 16 dated July
Pernyataan Keputusan Pemegang Saham 2, 2024 regarding the Statement of
PT BRI Multifinance Indonesia, yang dibuat di Shareholders’ Decision of PT BRI Multifinance
hadapan Notaris Jose Dima Satria, S.H., M.Kn., Indonesia, made before Notary Jose Dima
di Jakarta, yang telah mendapat persetujuan Satria, S.H., M.Kn., in Jakarta, which has
Menteri Hukum dan Hak Asasi Manusia (Surat received approval from the Minister of Law and
Keputusan Menteri Hukum dan Hak Asasi Human Rights (Decree of the Minister Law and
Manusia No. AHU-AH.0109-0221104 tanggal Human Rights No. AHU-AH.0109-0221104
2 Juli 2024). dated July 2, 2024).
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.
Total aset BRI Finance pada tanggal-tanggal Total assets of BRI Finance as of December 31,
31 Desember 2024 dan 2023 adalah masing- 2024 and 2023 amounted to Rp7,689,464 and
masing sebesar Rp7.689.464 dan Rp9.057.071 Rp9,057,071 or 0.39% and 0.46% respectively,
atau 0,39% dan 0,46% dari total aset of the total consolidated assets. Total interest
konsolidasian. Total pendapatan bunga untuk income for the years ended December 31, 2024
tahun yang berakhir pada tanggal-tanggal and 2023 amounted to Rp1,311,324 and
31 Desember 2024 dan 2023 adalah masing- Rp1,168,441 or 0.58% and 0.65%, respectively,
masing sebesar Rp1.311.324 dan Rp1.168.441 of the total consolidated interest, sharia,
atau 0,58% dan 0,65% dari total pendapatan premium income, and revenue from gold sold.
bunga, syariah, premi, dan penjualan emas
konsolidasian.
Kantor pusat BRI Finance berlokasi di Menara BRI Finance’s head office is located in 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.
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.
47
Page 895
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
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.
48
Page 896
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 BRI Ventures' Articles of Association have been
berdasarkan Pernyataan Keputusan di Luar amended related to the increase in the
Rapat Umum Pemegang Saham tanggal 31 Company's capital stock based on a Resolution
Maret 2023 terkait dengan peningkatan modal Outside the General Meeting of Shareholders
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 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 4 Juni 2024 oleh Notaris Ashoya Ratam, June 4, 2024 by Notary Ashoya Ratam, S.H.,
S.H., M.Kn., dan dicatat sesuai dengan Surat M.Kn., and recorded in accordance with the
Keputusan Menteri Hukum dan Hak Asasi Decree of the Minister of Law and Human Rights
Manusia Republik Indonesia No. AHU- of the Republic of Indonesia No. AHU-
0036382.AH.01.02.TAHUN 2024 tanggal 20 0036382.AH.01.02.Year 2024 dated June 20,
Juni 2024. 2024.
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.
Total aset BRI Ventures pada tanggal-tanggal Total assets of BRI Ventures as of
31 Desember 2024 dan 2023 adalah masing- December 31, 2024 and 2023 amounted to
masing sebesar Rp2.471.125 dan Rp2.672.050 Rp2,471,125 and Rp2,672,050 or 0.12% and
atau 0,12% dan 0,14% dari total aset 0.14%, respectively, of the total consolidated
konsolidasian. assets.
Kantor pusat BRI Ventures berlokasi di District 8 BRI Ventures’ head office is located in 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.
49
Page 897
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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).
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.
50
Page 898
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
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, terkait dengan Notary in Jakarta, there is additional issued and
penambahan modal ditempatkan dan disetor paid-up capital by BRI that has received approval
oleh BRI sesuai dengan persetujuan dari OJK from Financial Services Authority (OJK) through
melalui surat OJK No. S-555/PM.21/2022 its letter No. S-555/PM.21/2022 dated June 24,
tanggal 24 Juni 2022 dan telah dilaksanakan 2022. The additional issued and paid-up capital
secara efektif pada tanggal 27 Juni 2022 has become effective on June 27, 2022 so that
sehingga kepemilikan saham BRI menjadi 71% BRI's share ownership to be at 71% of the total
dari total saham BRIDS dan sebesar 29% BRIDS shares and 29% was owned by
dimiliki oleh PT Danareksa (Persero). PT Danareksa (Persero). This has been
Perubahan ini diberitahukan pada Penerimaan announced through the amendment of Articles of
Pemberitahuan Perubahan Anggaran Dasar Association in accordance with the Decree of the
No. AHU-AH.01.03-0256545 tanggal 27 Juni Minister of Law and Human Rights of the
2022. Republic of Indonesia No. AHU-AH.01.03.
0256545 dated June 27, 2022.
Perubahan terakhir Anggaran Dasar BRIDS The latest amendment to BRIDS' Articles of
dituangkan dalam Akta No. 86 tanggal 17 April Association is stated in Deed No. 86 dated April
2023, yang dibuat di hadapan Notaris Jose Dima 17, 2023, which was made before Jose Dima
Satria, S.H., di Jakarta. Perubahan tersebut Satria, S.H., Notary in Jakarta. The amendment
telah mendapat persetujuan Menteri Hukum dan has received approval from the Minister
Hak Asasi Manusia berdasarkan Surat of Law and Human Rights based on the
Keputusan Menteri Hukum dan Hak Decree of the Minister of Law and Human
Asasi Manusia Republik Indonesia Rights of the Republic of Indonesia
No. AHU-0024267.AH.01.02.Tahun 2023, serta No. AHU-0024267.AH.01.02.Year 2023, and
pemberitahuan perubahannya telah diterima announcement of changes has been received
dan dicatat di dalam Sistem Administrasi Badan and recorded in the Legal Entity Administration
Hukum Kementerian Hukum dan Hak System of the Ministry of Law and Human Rights
Asasi Manusia berdasarkan Surat based on Letter No. AHU-AH.01.03-0058587
No. AHU-AH.01.03-0058587 tanggal 2 Mei 2023 dated May 2, 2023 regarding Receipt of
perihal Penerimaan Pemberitahuan Perubahan Notification of Changes to PT BRI Danareksa
Anggaran Dasar PT BRI Danareksa Sekuritas. Sekuritas' Articles of Association.
51
Page 899
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
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.
Total aset BRIDS pada tanggal-tanggal Total assets of BRIDS as of December 31, 2024
31 Desember 2024 dan 2023 adalah masing- and 2023 amounted to Rp1,089,788 and
masing sebesar Rp1.089.788 dan Rp1.059.172 Rp1,059,172 or 0.05% and 0.05%, respectively,
atau 0,05% dan 0,05% dari total aset of the total consolidated assets. Total interest
konsolidasian. Total pendapatan bunga untuk income for the years ended December 31, 2024
tahun yang berakhir pada tanggal-tanggal and 2023 amounted to Rp39,748 and Rp42,065
31 Desember 2024 dan 2023 masing-masing or 0.02% and 0.02%, respectively, of the total
adalah sebesar Rp39.748 dan Rp42.065 atau consolidated interest, sharia, premium income,
0,02% dan 0,02% dari total pendapatan bunga, and revenue from gold sold.
syariah, premi, dan penjualan emas
konsolidasian.
Kantor pusat BRIDS berlokasi di Gedung BRI II BRIDS’ head office is located in BRI Tower II
Lt. 23, Jl. Jend. Sudirman Kav.44-46, Jakarta 23th floor, Jenderal Sudirman Street Kav 44-46,
dan memiliki 7 cabang, 34 Gerai dan Jakarta and has 7 branches, 34 booths and
3 kemitraan. 3 partnerships.
52
Page 900
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
Berdasarkan Akta No. 3 tanggal 31 Januari Based on Deed No. 3 dated January 31, 2020,
2020, yang dibuat di hadapan Notaris Tri made by Tri Wahyuwidayati, S.H., M.Kn., Notary
Wahyuwidayati, S.H., M.Kn., di Jakarta, pada in Jakarta, the name in article 1 paragraph 1
Pasal 1 Ayat 1 Anggaran Dasar Perseroan which was originally PT Asuransi Bringin
dilakukan perubahan nama Perseroan dari PT Sejahtera Artamakmur became PT BRI Asuransi
Asuransi Bringin Sejahtera Artamakmur menjadi Indonesia (BRI Insurance). This amendment has
PT BRI Asuransi Indonesia (”BRI Insurance”). been approved by the Minister of Law and
Perubahan ini telah mendapat persetujuan dari Human Rights of the Republic of Indonesia
Menteri Hukum dan Hak Asasi Manusia through its Decision Letter No. AHU-
Republik Indonesia dalam Surat Keputusan 0011603.AH.01.02 dated February 10, 2020.
No. AHU-0011603.AH.01.02 Tahun 2020
tanggal 10 Februari 2020.
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.
53
Page 901
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 BRI Insurance the Articles of Association, the scope of activities
adalah melaksanakan kegiatan usaha asuransi of BRI Insurance business is to conduct business
kerugian, membuat dan menutup perjanjian in the general insurance sector, make and close
dari segala asuransi kerugian, asuransi kerugian agreements of general insurance, non-
non-konvensional, termasuk pula perjanjian- conventional loss insurance, including
perjanjian, reasuransi, terkecuali agreements, reinsurance, except life insurance.
pertanggungan jiwa.
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.
Total aset BRI Insurance pada tanggal-tanggal Total assets of BRI Insurance as of
31 Desember 2024 dan 2023 adalah masing- December 31, 2024 and 2023, amounted to
masing sebesar Rp7.721.019 dan Rp6.465.609 Rp7,721,019 and Rp6,465,609 or 0.39% and
atau 0,39% dan 0,33% dari total aset 0.33% of the total consolidated assets,
konsolidasian. Total pendapatan bunga, respectively. Total, interest, sharia and premium
syariah, dan premi untuk tahun yang berakhir income for the years ended December 31, 2024
pada tanggal-tanggal 31 Desember 2024 dan and 2023 amounted to Rp1,877,433 and
2023 masing-masing adalah sebesar Rp1,681,620 or 0.83% and 0.89%, respectively,
Rp1.877.433 dan Rp1.681.620 atau 0,83% dan of the total consolidated interest, sharia, premium
0,89% dari total pendapatan bunga, syariah, income, and revenue from gold sold.
premi, dan penjualan emas konsolidasian.
Kantor pusat BRI Insurance berlokasi di Graha BRI Insurance’s head office is located in Graha
BRI Insurance, Jl. Mampang Prapatan Raya BRI Insurance, Jl. Mampang Prapatan Raya
No.18, Jakarta Selatan dan memiliki 21 kantor No. 18, South Jakarta, and it has 21 branches,
cabang, 2 kantor cabang syariah, 19 kantor 2 sharia branches, 19 marketing representative
perwakilan marketing, 2 kantor perwakilan offices, 2 sharia marketing representative offices,
marketing syariah, 50 marketing channel dan 50 marketing channels and 21 sharia marketing
21 marketing office syariah. offices.
54
Page 902
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 September
2021 tanggal 29 September 2021 serta telah 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.
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.
55
Page 903
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) (lanjutan) PT Pegadaian (Pegadaian) (continued)
Total aset Pegadaian pada tanggal-tanggal Total assets of Pegadaian as of December 31,
31 Desember 2024 dan 2023 masing-masing 2024 and 2023 amounted to Rp102,172,436 and
adalah sebesar Rp102.172.436 dan Rp82,151,803 or 5.3% and 4.18% respectively,
Rp82.151.803 atau 5,13% dan 4,18% dari total of the total consolidated assets. Total interest,
aset konsolidasian. Total pendapatan bunga, sharia income, and revenue from gold sold for
syariah dan penjualan emas untuk tahun yang the years ended December 31, 2024 and 2023
berakhir pada tanggal-tanggal 31 Desember amounted to Rp18,617,892 and Rp14,861,162
2024 dan 2023 masing-masing adalah sebesar or 8.23% and 8.30%, respectively, of the total
Rp18.617.892 dan Rp14.861.162 atau 8,23% consolidated interest, sharia, premium income,
dan 8,30% dari total pendapatan bunga, syariah, and revenue from gold sold.
premi, dan penjualan emas konsolidasian.
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 3.443 kantor unit and 3,443 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.
56
Page 904
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Nomor: the establishment of which is stated in the Deed
1 tanggal 1 Juni 1999 dibuat dihadapan Ida of Establishment Number: 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 (“Menkumham”) Law and Human Rights (“Menkumham”) based
berdasarkan Surat Keputusan on Decree Number: C-11.609.HT.01.01.TH.99
No. C-11.609.HT.01.01.TH.99 tanggal 23 Juni dated June 23, 1999, and has been registered at
1999, dan telah didaftarkan pada Kantor the Central Jakarta Kodya Company
Pendaftaran Perusahaan Kodya Jakarta Pusat Registration Office under Number:
di bawah Nomor: 4758/BH.09.05/VIII/99 tanggal 4758/BH.09.05/VIII/99 dated August 27, 1999,
27 Agustus 1999, serta telah diumumkan dalam and has been published in the State Gazette of
Berita Negara Republik Indonesia Nomor: 73 the Republic of Indonesia under Number: 73
tanggal 10 September 1999, Tambahan No. dated September 10, 1999, Supplement No.
5681 (“Akta No. 1”). 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. 2023 dated July 5,
2023 tanggal 5 Juli 2023. Pemberitahuan 2023. Notification of the changes has been
perubahannya telah dicatat pada database recorded in the Legal Entity Administration
Sistem Administrasi Badan Hukum System database of the Ministry of Law and
Kemenkumham tentang Persetujuan Perubahan Human Rights regarding Approval of Changes
Anggaran Dasar PT Permodalan Nasional to the Articles of Association of
Madani No. AHU-AH.01.09-0134474 tertanggal PT Permodalan Nasional Madani Number:
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.
57
Page 905
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Total aset PNM pada tanggal-tanggal Total assets of PNM as of December 31, 2024
31 Desember 2024 dan 2023 masing-masing and 2023 amounted to Rp55,348,061 and
adalah sebesar Rp55.348.061 dan Rp51,106,905 or 2.78% and 2.60%,
Rp51.106.905 atau 2,78% dan 2,60% dari total respectively, of the total consolidated assets.
aset konsolidasian. Total pendapatan bunga dan Total interest and sharia income for the years
syariah untuk tahun yang berakhir pada tanggal- ended December 31, 2024 and 2023 amounted
tanggal 31 Desember 2024 dan 2023 masing- to Rp15,623,958 and Rp14,509,236 or 6.91%
masing adalah sebesar Rp15.623.958 dan and 8.11%, respectively, of the total
Rp14.509.236 atau 6,91% dan 8,11% dari total consolidated interest, sharia, premium income,
pendapatan bunga, syariah, premi, dan and revenue from gold sold.
penjualan emas konsolidasian.
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 62 Jakarta, DKI Jakarta and has 62 branches PNM,
kantor cabang, 3.972 kantor unit Mekaar, 641 3,972 unit offices Mekaar, and 641 unit offices
kantor unit ULaMM (termasuk 20 kantor unit ULaMM (include of 20 representative unit
representatif). offices).
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.
58
Page 906
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Selanjutnya, pada tanggal 30 November 2022, Furthermore, on November 30, 2022, BRI has
BRI telah menandatangani PJBS kembali signed another PJBS with PT Danareksa
dengan PT Danareksa (Persero) dalam rangka (Persero) to 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.
Perubahan secara keseluruhan anggaran DIM's Articles of Association have been
dasarnya 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.
59
Page 907
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 DIM telah mengalami beberapa DIM's Articles of Association have been
kali perubahan. Perubahan terakhir amended several times. Latest changes based
Berdasarkan Akta Pernyataan tentang 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. HR. Rasuna Said Kav. Floor 11, Jl. HR. 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).
Anggaran Dasar BRI-MI kemudian diubah dan BRI-MI's Articles of Association were then
disusun kembali sebagaimana termaktub dalam amended and rearrange as stated in the Deed of
Akta Pernyataan Keputusan Pemegang Saham Statement of Shareholders' Decisions Outside
Di Luar Rapat Umum Pemegang Saham the General Meeting of Shareholders of the
Perseroan Terbatas PT BRI Manajemen Limited Liability Company PT BRI Manajemen
Investasi Nomor 6 tanggal 13 Februari 2024, Investasi Number 6 February 13, 2024, which
yang dibuat dihadapan Notaris Fifidiana, SH., was made before Notary Fifidiana, SH., S.S.,M.
S.S.,M.Kn., di Jakarta Pusat yang telah Kn., in Central Jakarta who has received a Letter
mendapatkan Surat Penerimaan of Acceptance of Notification of Amendments to
Pemberitahuan Perubahan Anggaran Dasar the Articles of Association No. AHU-AH.01.03-
No. AHU-AH.01.03-0039574 tanggal 0039574 dated February 16, 2024 from the
16 Februari 2024 dari Kementerian Hukum dan Ministry of Law and Human Rights of the
Hak Asasi Manusia Republik Indonesia. Republic of Indonesia.
60
Page 908
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
Total aset BRI-MI pada tanggal-tanggal BRI-MI's total assets as of December 31, 2024
31 Desember 2024 dan 2023 masing-masing and 2023 amounted to Rp313,098 and
adalah sebesar Rp313.098 dan Rp288.820 atau Rp288,820 or 0.02% and 0.01%, respectively, of
0,02% dan 0,01% dari total aset konsolidasian. the total consolidated assets. Total interest
Total pendapatan bunga untuk tahun yang income for the years ended December 31, 2024
berakhir pada tanggal-tanggal 31 Desember and 2023 amounted to Rp200 and Rp501 or
2024 dan 2023 masing-masing adalah sebesar 0.000088% and 0.0000028%, of the total
Rp200 dan Rp501 atau 0,000088% dan consolidated interest, sharia, premium income,
0,0000028% dari total pendapatan bunga, and revenue from gold sold.
syariah, premi, dan penjualan emas
konsolidasian.
BRI-MI berkedudukan di Gedung BRI II Lantai BRI-MI is located in BRI Tower II, 22nd Floor, Jl.
22, Jl. Jend. Sudirman Kav. 44-46 Jakarta Pusat Jend Sudirman Kav. 44-46, Central Jakarta
10210. 10210.
61
Page 909
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan untuk tahun yang berakhir December 31, 2024, and for the year then ended, are
pada tanggal tersebut telah disusun dan disajikan prepared and presented in accordance with
sesuai dengan Standar Akuntansi Keuangan di Indonesian Financial Accounting Standards, which
Indonesia, yang mencakup Pernyataan Standar include the Statements (“SFAS”) and Interpretations
Akuntansi Keuangan (”PSAK”) dan Interpretasi (“IFAS”) issued by the Financial Accounting
Standar Akuntansi Keuangan (”ISAK”) yang Standards Board of the Indonesian Institute of
diterbitkan oleh Dewan Standar Akuntansi Accountants and Bapepam-LK’s Regulation No.
Keuangan Ikatan Akuntan Indonesia dan Peraturan VIII.G.7, Appendix of the Decision of the Chairman of
Badan Pengawas Pasar Modal dan Lembaga Bapepam-LK No. KEP-347/BL/2012 dated June 25,
Keuangan (”BAPEPAM-LK”) No. VIII.G.7 lampiran 2012 regarding the “Guidelines on Financial
keputusan Ketua BAPEPAM-LK No. KEP- Statements Presentations and Disclosures for
347/BL/2012 tanggal 25 Juni 2012 tentang 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.
62
Page 910
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 statement are rounded off
dibulatkan dalam jutaan Rupiah. to millions of Rupiah.
b. Prinsip konsolidasian b. Principles of consolidation
Laporan keuangan konsolidasian meliputi The consolidated financial statements includes
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.
63
Page 911
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
64
Page 912
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Financial assets measured at fair value
Aset keuangan yang diukur pada nilai through profit or loss.
wajar melalui laba rugi.
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.
65
Page 913
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
66
Page 914
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
67
Page 915
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 dua sub- through profit or loss consist of two 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.
68
Page 916
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
69
Page 917
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
70
Page 918
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
71
Page 919
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
Penghapusbukuan kredit yang Loans are written off when there is no
diberikan dilakukan ketika tidak longer a realistic prospect of loan
terdapat lagi prospek yang realistis repayment or the normal relationship
mengenai pengembalian pinjaman atau between BRI and subsidiaries and the
hubungan normal antara BRI dan debtors have ended. These uncollectible
entitas anak dan debitur telah berakhir. loans, are written off against allowance
Kredit yang tidak dapat dilunasi for impairment losses.
tersebut dihapusbukukan dengan
mendebet cadangan kerugian
penurunan nilai.
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.
72
Page 920
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
73
Page 921
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
74
Page 922
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
75
Page 923
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
76
Page 924
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
77
Page 925
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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.
78
Page 926
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 with
oleh, atau berada di bawah pengendalian BRI and subsidiaries; (ii) has an interest in BRI
bersama, dengan BRI dan entitas anak; (ii) and subsidiaries that provides significant
memiliki kepentingan dalam BRI dan entitas influence on BRI and subsidiaries; or (iii) has
anak yang memberikan pengaruh signifikan joint control over BRI and subsidiaries;
atas BRI dan entitas anak; atau (iii) memiliki
pengendalian bersama atas BRI dan entitas
anak;
2) Suatu pihak yang berada dalam kelompok 2) It is a related entity with BRI and subsidiaries;
usaha yang sama dengan BRI dan entitas
anak;
3) Suatu pihak adalah ventura bersama di 3) It is a joint venture in which BRI and subsidiaries
mana BRI dan entitas anak sebagai have ventured in;
venturer;
4) Suatu pihak adalah anggota dari personil 4) It is a member of key management personnel in
manajemen kunci BRI dan entitas anak; 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 controlled
dikendalikan, dikendalikan bersama atau or significantly influenced by or for whom has
dipengaruhi signifikan oleh atau untuk significant voting rights in several entities,
dimana hak suara signifikan pada beberapa directly or indirectly, by the individual described
entitas, langsung maupun tidak langsung, 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.
79
Page 927
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
80
Page 928
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
81
Page 929
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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;
82
Page 930
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
83
Page 931
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
84
Page 932
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 impairment 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.
85
Page 933
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) Skalar Bayesian, (ii) Credit Index dan (iii) Bayesian model, (ii) Credit Index, and
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 BRI and its subsidiaries use the (i) Historical,
(i) Historical, (ii) Diminish Balance dan (iii) Value (ii) Diminish Balance, and (iii) Value to Loan
to 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 of facilities that the Bank will not be able to cover
di-recover oleh Bank terhadap debitur default. against defaulted debtors. LGD is usually
LGD biasa dihitung dengan 1-Recovery Rate. calculated with a 1-Recovery Rate. Recovery
Recovery rate dihitung mempertimbangkan rate is calculated considering the Time Value of
Time Value of Money dari pengembalian dari Money from the return of the obligation that has
kewajiban yang telah default. Tingkat suku defaulted. The interest rate used to calculate the
bunga yang digunakan untuk menghitung Time Time Value of Money from Recovery is the initial
Value of Money dari Recovery adalah EIR awal. Effective Interest Rate (EIR).
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 consider 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.
86
Page 934
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 requires 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 demikian, cadangan assets are their fair values. However,
kerugian penurunan nilai diungkapkan dan allowance for expected loan losses is
diakui dalam penghasilan komprehensif lain disclosed and recognized in other
dalam laporan posisi keuangan comprehensive income in consolidated
konsolidasian. statement of financial position.
87
Page 935
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Penghapusan Write-off
Pinjaman dan instrumen utang dihapusbukukan Loans and debt instruments are written off when
ketika tidak ada prospek yang realistis untuk there is no realistic prospect of recovering
memulihkan aset keuangan secara keseluruhan financial assets in whole or in part. This
atau secara parsial. Hal ini pada umumnya generally occurs when the BRI and subsidiaries
terjadi ketika BRI dan entitas anak menentukan determines that the borrower does not have
bahwa peminjam tidak memiliki aset atau assets or sources of income that can generate
sumber penghasilan yang dapat menghasilkan sufficient cash flow to pay the amount written off.
arus kas yang cukup untuk membayar jumlah However, the written off financial assets can still
yang dihapusbukukan. Namun demikian, aset be carried out in accordance with the BRI and
keuangan yang dihapusbukukan masih bisa subsidiaries’s mitigation procedures in order to
dilakukan tindakan penyelamatan sesuai recover the amount due.
dengan prosedur BRI dan entitas anak dalam
rangka pemulihan jumlah yang jatuh tempo.
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, deposit on call,
deposit on call, banker’s acceptance, dan banker’s acceptance, and margin deposit.
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.
88
Page 936
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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.
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.
89
Page 937
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Penilaian efek-efek didasarkan atas Securities measurement are based on the
klasifikasinya sebagai berikut (lanjutan): following classification (continued):
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.
i. Wesel ekspor dan tagihan lainnya i. Report bill 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.
90
Page 938
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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.
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 datang dan semua collateral have been sought to be realized or
jaminan telah diupayakan untuk direalisasi atau foreclosed. The uncollectible loans are written-
sudah diambil alih. Kredit yang tidak dapat off against the allowance for impairment losses.
dilunasi dihapusbukukan dengan mendebit Recovery for financial assets that have been
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.
91
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The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
Musyarakah adalah akad kerjasama yang terjadi Musyarakah is a partnership contract among
di antara para pemilik modal (mitra musyarakah) capital owners (musyarakah partners) to joint
untuk menggabungkan modal dan melakukan the capital and conduct a business on a joint
usaha secara bersama dalam suatu kemitraan basis 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.
92
Page 940
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
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’s 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.
93
Page 941
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Restrukturisasi kredit dapat dilakukan dengan Credit restructuring can be done by over
cara pengalihan kredit, melanjutkan kredit, contract, asset replacement, repay back,
mengangsur kembali, merubah jatuh tempo, change in due date, change in tenor and/or
merubah tenor dan/atau menambah down increase in down payment.
payment.
Kerugian yang timbul dari restrukturisasi kredit Losses on loan restructuring in respect of
yang berkaitan dengan modifikasi persyaratan modification of the terms of the loans are
kredit hanya diakui bila nilai tunai penerimaan recognized only if the cash value of total future
kas masa depan yang telah ditentukan dalam cash receipt specified in the new terms of the
persyaratan kredit yang baru, termasuk loans, including both receipts designated as
penerimaan yang diperuntukkan sebagai bunga interest, and those designated as loan principal,
maupun pokok, adalah lebih kecil dari nilai kredit are less than the recorded amounts of loans
yang diberikan yang tercatat sebelum before restructuring in financial statements.
restrukturisasi di laporan keuangan.
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.
94
Page 942
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (lanjutan) Consumer financing receivables (continued)
Restrukturisasi kredit dapat dilakukan dengan Credit restructuring can be done by over
cara pengalihan kredit, melanjutkan kredit, contract, asset replacement, repay back,
mengangsur kembali, merubah jatuh tempo, change in due date, change in tenor and/or
merubah tenor dan/atau menambah down increase in down payment.
payment.
Kerugian yang timbul dari restrukturisasi kredit Losses on loan restructuring in respect of
yang berkaitan dengan modifikasi persyaratan modification of the terms of the loans are
kredit hanya diakui bila nilai tunai penerimaan recognized only if the cash value of total future
kas masa depan yang telah ditentukan dalam cash receipt specified in the new terms of the
persyaratan kredit yang baru, termasuk loans, including both receipts designated as
penerimaan yang diperuntukkan sebagai bunga interest, and those designated as loan principal,
maupun pokok, adalah lebih kecil dari nilai kredit are less than the recorded amounts of loans
yang diberikan yang tercatat sebelum before restructuring in financial statements.
restrukturisasi di laporan keuangan.
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 receivable 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 sedangkan amortized cost although acceptance payables
liabilitas akseptasi diklasifikasikan sebagai are classified as financial liabilities measured at
liabilitas keuangan yang diukur dengan biaya amortized cost.
perolehan diamortisasi.
95
Page 943
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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.
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.
96
Page 944
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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
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.
97
Page 945
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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).
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.
revaluasi diakui dalam laba rugi. A decrease in the carrying amount arising from
the revaluation is recognized in profit or loss.
98
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The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 bagi BRI of the related premises and equipment when it
dan entitas anak manfaat ekonomi masa depan is probable that the future economic benefits
menjadi lebih besar dari standar kinerja awal exceeded the predefined initial performance
yang ditetapkan sebelumnya dan disusutkan standard and are depreciated over the
sepanjang sisa 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.
Biaya pengurusan legal hak atas tanah dalam The legal cost of landrights 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 landrights 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.
99
Page 947
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 with
bangunan dan kendaraan roda empat dengan underlying assets valued above Rp75,000,000
aset pendasar bernilai di atas Rp75.000.000 (full amount) and has a lease period of more
(nilai penuh) dan mempunyai jangka waktu than 12 months.
sewa lebih dari 12 bulan.
Pada tanggal insepsi suatu kontrak, BRI dan On the date of the inception of a contract, BRI
entitas anak menilai apakah suatu kontrak and subsidiaries assess whether a contract is,
merupakan, atau mengandung, sewa. Suatu or 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
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, consist of the initial measurement
pembayaran sewa yang dilakukan pada atau amount of the lease liabilities adjusted to the
sebelum tanggal permulaan, ditambah dengan rental payments made on or before the
biaya langsung awal yang dikeluarkan. commencement date, added with the initial
direct cost incurred.
100
Page 948
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
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.
101
Page 949
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
(lanjutan) (continued)
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.
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.
102
Page 950
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (lanjutan) q. Foreclosed collaterals (continued)
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.
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.
103
Page 951
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 (sembilan money with promissory notes with a term of up
puluh) hari serta dinyatakan sesuai dengan to 90 (ninety) days and stated at the amount due
jumlah liabilitas terhadap bank dan lembaga to other banks and financial institutions.
keuangan lainnya 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.
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 to repurchase
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 the 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.
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.
104
Page 952
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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) and
Notes (LTN) dan Sukuk Mudharabah. Surat Sukuk Mudharabah. Securities issued were
berharga yang diterbitkan pada awalnya diakui initially recognized at fair value and
sebesar nilai wajar dan selanjutnya diukur subsequently measured at amortized cost using
sebesar biaya perolehan diamortisasi dengan the Effective Interest Rate (EIR) method. The
menggunakan metode suku bunga efektif (EIR). amortized cost is calculated by taking into
Biaya perolehan diamortisasi dihitung dengan account any discount or premium related to the
memperhitungkan adanya diskonto atau premi initial recognition and transaction costs that are
terkait dengan pengakuan awal dan biaya an integral part of the effective interest rate.
transaksi yang tidak terpisah dari suku bunga
efektif.
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.
105
Page 953
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 (EIR) method. The
suku bunga efektif (EIR). Biaya perolehan amortized cost is calculated by taking into
diamortisasi dihitung dengan memperhitungkan account any discount or premium related to the
adanya diskonto atau premi terkait dengan initial recognition and transaction costs that are
pengakuan awal dan biaya transaksi yang tidak an integral part of the effective interest rate.
terpisah dari 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, as a result of 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.
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.
106
Page 954
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (lanjutan) z. Interest income and interest expense
(continued)
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.
Jika aset keuangan atau kelompok aset If a financial asset or group of similar financial
keuangan serupa telah diturunkan nilainya assets have been impaired as a result of
sebagai akibat kerugian penurunan nilai, maka impairment losses, then the interest income
pendapatan bunga yang diperoleh setelahnya subsequently obtained is recognized based on
diakui berdasarkan suku bunga yang digunakan the interest rate used to discount the future cash
untuk mendiskonto arus kas masa datang dalam flows in calculating the impairment losses.
menghitung kerugian penurunan nilai.
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 not related 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.
107
Page 955
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 premi dan beban klaim ac. Premium income and claim expense
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.
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.
108
Page 956
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 premi dan beban klaim (lanjutan) ac. Premium income and claim expense
(continued)
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 reasuransi ad. Insurance contract liabilities and
reinsurance
Liabilitas kontrak asuransi Insurance contract liabilities
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.
109
Page 957
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 dan reasuransi ad. Insurance contract liabilities and
(lanjutan) reinsurance (continued)
Liabilitas kontrak asuransi (lanjutan) Insurance contract liabilities (continued)
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.
Reasuransi Reinsurance
BRI Life dan BRI Insurance menreasuransikan BRI Life and BRI Insurance reinsured its
risiko asuransi dalam bisnis normal pada setiap insurance risk in the normal course of business
lini bisnisnya. for all of its businesses.
Manfaat BRI Life dan BRI Insurance atas kontrak The benefits of BRI Life and BRI Insurance on
reasuransi yang dimiliki diakui sebagai aset reinsurance contracts owned are recognized as
reasuransi. Aset ini terdiri dari piutang yang reinsurance assets. These assets consist of
bergantung pada klaim yang diperkirakan dan receivables that depend on the expected claims
manfaat yang timbul dalam kontrak reasuransi and benefits arising under the related
terkait. Sebagaimana disyaratkan oleh PSAK reinsurance contracts. As required by SFAS No.
No. 104, aset reasuransi tidak saling hapus 104, reinsurance assets are not offset against
dengan liabilitas kontrak asuransi terkait. the related insurance contract liabilities.
Piutang reasuransi diestimasi secara konsisten Reinsurance receivables are estimated
dengan klaim yang disetujui terkait dengan consistently with approved claims related to the
kebijakan reasuradur dan sesuai dengan kontrak reinsurer’s policies and in accordance with the
reasuransi terkait. related reinsurance contract.
110
Page 958
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 dan reasuransi ad. Insurance contract liabilities and
(lanjutan) reinsurance (continued)
Reasuransi (lanjutan) Reinsurance (continued)
BRI Life dan BRI Insurance mereasuransikan BRI Life and BRI Insurance reinsure a portion of
sebagian risiko atas ekspektasi pertanggungan risk of the expectation of obtained coverage to
yang diperoleh kepada perusahaan asuransi lain other insurance and reinsurance companies.
dan perusahaan reasuransi. Jumlah premi yang The amount of the premium paid or the premium
dibayar atau bagian premi atas transaksi portion of the prospective reinsurance
reasuransi prospektif diakui sebagai premi transaction is recognized as reinsurance
reasuransi sesuai periode kontrak reasuransi premium over the reinsurance contract period
secara proporsional dengan proteksi yang proportional to the protection provided. Payment
diberikan. Pembayaran atau liabilitas atas or obligation for retrospective reinsurance
transaksi reasuransi retrospektif diakui sebagai transaction is recognized as reinsurance
piutang reasuransi sebesar liabilitas yang receivable in the equivalent amount to the
dibukukan sehubungan dengan kontrak recorded liability related to the reinsurance
asuransi tersebut. contract.
Aset reasuransi termasuk saldo yang Reinsurance assets include balances expected
diharapkan dibayarkan oleh perusahaan to be paid by the reinsurance companies for
reasuransi untuk ceded liabilitas manfaat polis ceded liability for future policy benefits, ceded
masa depan, ceded estimasi liabilitas klaim, dan estimated claim liabilities, and ceded unearned
ceded premi yang belum merupakan premium. The amounts of benefits borne by the
pendapatan. Jumlah manfaat yang ditanggung reinsurers are estimated consistently with the
oleh reasuradur diperkirakan secara konsisten liability associated with the reinsurance policy.
sesuai dengan liabilitas yang terkait dengan
polis reasuransi.
Aset reasuransi mengalami penurunan nilai jika Reinsurance asset is impaired if there is
ada bukti objektif, sebagai akibat dari suatu objective evidence, as a result of an event that
peristiwa yang terjadi setelah pengakuan awal occurred after initial recognition of the
aset reasuransi, bahwa BRI Life dan BRI reinsurance asset, that BRI Life and BRI
Insurance tidak dapat menerima seluruh jumlah Insurance may not receive the whole amount
karena di bawah syarat-syarat kontrak, dan because it is under the terms of the contract, and
dampak pada jumlah yang akan diterima dari the impact of the amount to be received from the
reasuradur dapat diukur secara andal. reinsurer can be measured reliably.
Jika aset reasuransi mengalami penurunan nilai, If the reinsurance asset is impaired, BRI Life and
BRI Life dan BRI Insurance mengurangi nilai BRI Insurance reduce the carrying amount and
tercatat dan mengakui kerugian penurunan nilai recognizes the impairment loss in the profit or
tersebut dalam laba rugi tahun berjalan. loss for the year.
Aset atau liabilitas reasuransi dihentikan Reinsurance assets or liabilities are
pengakuannya ketika hak kontraktualnya hilang derecognized when the contractual rights are
atau berakhir, atau ketika kontrak dialihkan extinguished or expired or when the contract is
kepada pihak lain. transferred to other parties.
111
Page 959
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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.
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 using
berdasarkan metode Projected Unit Credit. the Projected Unit Credit method by an actuary.
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).
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.
112
Page 960
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 tahun berjalan yang diatribusikan dividing the income for the year attributable to
kepada Entitas Induk (BRI) dengan jumlah rata- the Parent Entity (BRI) with the weighted
rata tertimbang saham yang ditempatkan dan average number of issued and fully paid shares
disetor penuh pada tahun yang bersangkutan. during the related year.
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.
113
Page 961
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023, time of the transactions. As of December 31,
semua aset dan liabilitas moneter dalam mata 2024 and 2023, all foreign currency
uang asing dijabarkan ke dalam Rupiah dengan denominated monetary assets and liabilities are
menggunakan kurs spot Reuters pada pukul translated into Rupiah using the Reuters spot
16.00 WIB (Waktu Indonesia bagian Barat). rates at 4.00 p.m. WIB (Western Indonesian
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
1 Dolar Amerika Serikat 16.095,00 15.397,00 1 United States Dollar
1 Pound Sterling Inggris 20.218,54 19.626,56 1 Great Britain Pound Sterling
1 Yen Jepang 103,03 108,88 1 Japanese Yen
1 Euro Eropa 16.758,12 17.038,32 1 European Euro
1 Dolar Hong Kong 2.073,11 1.970,73 1 Hong Kong Dollar
1 Riyal Arab Saudi 4.284,00 4.106,00 1 Saudi Arabian Riyal
1 Dolar Singapura 11.844,58 11.676,34 1 Singaporean Dollar
1 Ringgit Malaysia 3.597,86 3.355,20 1 Malaysian Ringgit
1 Dolar Australia 10.013,51 10.520,77 1 Australian Dollar
1 Renminbi 2.204,99 2.170,06 1 Renminbi
1 Baht Thailand 469,79 449,75 1 Thailand Baht
1 Franc Swiss 17.815,04 18.299,27 1 Swiss Franc
1 Dolar Kanada 11.201,59 11.629,59 1 Canadian Dollar
1 Dolar Brunei Darussalam 11.844,57 11.581,05 1 Bruneian Dollar
1 Kroner Denmark 2.247,01 2.285,87 1 Danish Krone
1 Won Korea Selatan 10,92 11,88 1 South Korean Won
1 Dolar Selandia Baru 9.067,93 9.765,55 1 New Zealand Dollar
1 Kina Papua Nugini 3.963,42 4.131,03 1 Papua New Guinean Kina
1 Dirham Uni Emirat Arab 4.382,10 4.192,40 1 United Arab Emirates Dirham
1 Kroner Swedia 1.463,26 1.541,54 1 Swedish Krone
1 Kroner Norwegia 1.419,75 1.509,55 1 Norwegian Krone
1 Rupee India 187,98 185,18 1 Indian Rupee
1 Peso Filipina 278,32 277,98 1 Phillipine Peso
1 Dolar Taiwan Baru 490,93 503,50 1 New Taiwanese Dollar
1 Dong Vietnam 0,63 0,64 1 Vietnamese Dong
114
Page 962
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Reuters commitments and contingencies - use
pada pukul 16.00 WIB pada tanggal laporan Reuters spot rates at 4.00 p.m. WIB on the
posisi keuangan. 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 Reuters
Reuters pada pukul 16.00 WIB pada tanggal spot rates at 4.00 p.m. WIB on the
laporan posisi keuangan, kecuali pos-pos statement of financial position date, except
laba rugi yang menggunakan kurs tengah for the profit and loss accounts which use
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.
115
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 mengkompensasi assets.
sebagian atau semua manfaat aset pajak
tangguhan.
116
Page 964
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 akan berlaku pada based on the tax rates that are expected to apply
tahun 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 telah secara substantif that have been enacted or substantively enacted
telah 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.
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 Indonesia has issued the Pillar Two income
Pajak Penghasilan Pilar Dua sesuai dengan taxes legislation with Ministry of Finance
Peraturan Menteri Keuangan No. 136 Tahun Regulation No. 136 Year 2024 ("PMK 136/2024")
2024 ("PMK 136/2024") sehubungan dengan in regards to Global Anti-Base Erosion Rules
Pengenaan Pajak Minimum Global ("GloBE"), ("GloBE"), which will come into effect starting
yang akan mulai berlaku pada tanggal 1 Januari January 1, 2025.
2025.
Aturan Pengenaan Pajak Minimum Global ini These GloBE rules introduce new taxing
memperkenalkan mekanisme perpajakan baru mechanisms under which a multinational
dimana perusahaan multinasional akan enterprise would pay a top-up tax in a jurisdiction
membayar pajak tambahan adisional di suatu whenever the ETR, determined on a
yurisdiksi setiap kali ETR, yang ditentukan jurisdictional basis under the Pillar Two rules, is
berdasarkan yurisdiksi di bawah aturan Pilar below a 15% minimum rate.
Dua, berada di bawah tarif minimum 15%.
117
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The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
BRI dan entitas anak berada dalam lingkup BRI and subsidiaries is in scope of the Pillar Two
model Pilar Dua sebagaimana diatur dalam model in as regulated in the PMK 136/2024. The
PMK 136/2024. Grup telah mengadopsi Group has adopted the amendments to PSAK
amandemen PSAK 212: Reformasi Pajak 212: International Tax Reform—Pillar Two Model
Internasional—Pilar Dua Model Rules, Rules, as issued by DSAK IAI on December
sebagaimana diterbitkan oleh DSAK IAI pada 2023, which includes:
Desember 2023, yang meliputi:
Pengecualian atas pengakuan dan A exception to the recognition and
pengungkapan pajak tangguhan terkait disclosure of deferred taxes related to the
dengan pajak penghasilan Pilar Dua; Pillar Two income taxes;
Pengungkapan terpisah beban pajak Separate disclosure of the current tax
(penghasilan) tahun berjalan terkait expense (income) related to Pillar Two
dengan pajak penghasilan Pilar Dua; dan income taxes; and
Dalam periode dimana undang-undang In periods in which Pillar Two legislation is
Pilar Dua diberlakukan atau diberlakukan enacted or substantively enacted but not yet
secara substantif tetapi belum berlaku, in effect, disclosure requirements for
persyaratan pengungkapan bagi entitas affected entities to help users of the financial
yang terkena dampak untuk membantu statements better understand an entity’s
pengguna laporan keuangan lebih exposure to Pillar Two income taxes arising
memahami eksposur entitas terhadap from that legislation.
pajak penghasilan Pilar Dua yang timbul
dari undang-undang tersebut.
BRI dan entitas anak telah menerapkan BRI and subsidiaries has applied the exception
pengecualian atas pengakuan dan to the recognition and disclosure of deferred
pengungkapan pajak tangguhan terkait dengan taxes related to the Pillar Two income taxes.
pajak penghasilan Pilar Dua.
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.
118
Page 966
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 on an
potongan harga dan diskon. Beban diakui pada accrual basis.
saat terjadinya berdasarkan metode akrual.
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.
119
Page 967
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Penggunaan pertimbangan, estimasi dan ao. 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.
120
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The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Penggunaan pertimbangan, estimasi dan ao. 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.
121
Page 969
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Penggunaan pertimbangan, estimasi dan ao. 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 considered important which may
Faktor-faktor penting yang dapat menyebabkan lead to impairment assessment are as follow:
penelaahan penurunan nilai adalah sebagai
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.
122
Page 970
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Penggunaan pertimbangan, estimasi dan ao. Use of significant accounting judgments,
asumsi akuntansi yang signifikan (lanjutan) estimates and assumptions (continued)
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.
123
Page 971
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Penggunaan pertimbangan, estimasi dan ao. Use of significant accounting judgments,
asumsi akuntansi yang signifikan (lanjutan) estimates and assumptions (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
Estimasi liabilitas klaim Estimated claim liability
Estimasi liabilitas klaim merupakan liabilitas Estimated claims liability is a liability set aside to
yang disisihkan untuk memenuhi liabilitas klaim provide for the incurred and still in the settlement
yang terjadi dan yang masih dalam proses process claims liability arising from insurance
penyelesaian atas polis-polis asuransi yang policies in force. BRI’s management judgment is
masih berlaku (policies in force). Pertimbangan required to determine the recognizable amount
manajemen BRI diperlukan untuk menentukan of estimated claims liability.
jumlah estimasi liabilitas klaim yang dapat
diakui.
Liabilitas manfaat polis masa depan Liabilities for future policy benefits
BRI mencatat liabilitas kontrak asuransi jangka BRI records long-term insurance contract
panjang dengan metode nilai kini estimasi liabilities using the present value method of
pembayaran seluruh manfaat yang diperjanjikan estimated payment for all agreed benefits
termasuk seluruh opsi yang disediakan including all the available options plus the
ditambah dengan nilai kini estimasi seluruh present value of all estimated expenses that
biaya yang akan dikeluarkan dan juga will be incurred and considering the future
mempertimbangkan penerimaan premi di masa receipt of premium. The main assumption
depan. Asumsi utama yang mendasari metode underlying this method is the past claim
tersebut adalah pengalaman klaim masa lalu experience and discount rate.
dan tingkat diskonto.
ap. Perubahan kebijakan akuntansi dan ap. 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 on January 1, 2024, which
tanggal 1 Januari 2024, yang dianggap relevan is considered relevant to the consolidated
dengan laporan keuangan konsolidasian, yaitu: financial statements, namely:
a. Nomenklatur Standar Akuntansi Keuangan a. Financial Accounting Standards
Nomenclature
Penomoran baru untuk setiap PSAK dan The new reference numbers of individual
ISAK diurut ulang dan diubah sebagaimana PSAK and ISAK are reordered and
yang dipublikasikan oleh DSAK IAI untuk amended based on those as published by
periode akuntansi yang dimulai pada dan DSAK IAI for accounting periods beginning
setelah 1 Januari 2024. Isi dari PSAK dan on and after January 1, 2024. Contents of
ISAK terkait tidak berubah dan tidak related PSAK and ISAK are not changed
menimbulkan dampak akuntansi pada and not resulted in any accounting impact to
laporan keuangan konsolidasi. the consolidated financial statements.
124
Page 972
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Perubahan kebijakan akuntansi dan ap. 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 on January 1, 2024, which
tanggal 1 Januari 2024, yang dianggap relevan is considered relevant to the consolidated
dengan laporan keuangan konsolidasian, yaitu financial statements, namely (continued):
(lanjutan):
b. Amandemen PSAK 201 (sebelumnya b. Amendment of PSAK 201 (previously
dirujuk sebagai PSAK 1): Liabilitas Jangka referred to as PSAK 1): Non-current
Panjang dengan Kovenan Liabilities with Covenants
Amandemen ini menentukan persyaratan The amendments specify the requirements
untuk mengklasifikasikan suatu liabilitas for classifying liabilities as current or non-
sebagai jangka pendek atau jangka panjang current and clarify:
dan menjelaskan:
hal yang dimaksud sebagai hak untuk what is meant by a right to defer
menangguhkan pelunasan, settlement,
hak untuk menangguhkan pelunasan the right to defer must exist at the end
harus ada pada akhir periode of the reporting period,
pelaporan,
klasifikasi tersebut tidak dipengaruhi classification is not affected by the
oleh kemungkinan entitas akan likelihood that an entity will exercise its
menggunakan hakya untuk deferral right, and
menangguhkan liabilitas, dan
hanya jika derivatif melekat pada only if an embedded derivative in a
liabilitas konversi tersebut adalah suatu convertible liability is an equity
instrumen ekuitas, maka syarat dan instrument would the terms and
ketentuan dari suatu liabilitas konversi conditions of a liability will not impact its
tidak akan berdampak pada classification.
klasifikasinya.
Selain itu, persyaratan telah diperkenalkan In addition, a requirement has been
untuk mewajibkan pengungkapan ketika introduced to require disclosure when a
suatu kewajiban timbul dari pinjaman liability arising from a loan agreement is
perjanjian diklasifikasikan sebagai tidak classified as non-current and the entity’s
lancar dan hak entitas untuk menunda right to defer settlement is contingent on
penyelesaian bergantung pada kepatuhan compliance with future covenants within
terhadap persyaratan di masa depan dalam twelve months.
waktu dua belas bulan.
c. Amandemen PSAK 116 (sebelumnya c. Amendment of PSAK 116 (previously
dirujuk sebagai PSAK 73): Liabilitas Sewa referred to as PSAK 73): Lease liability in a
dalam Jual Beli dan Sewa-balik Sale and Leaseback
Amandemen PSAK 116: Sewa menetapkan The amendment to PSAK 116: Leases
persyaratan yang digunakan penjual- specifies the requirements that a seller-
penyewa dalam mengukur kewajiban sewa lessee uses in measuring the lease liability
yang timbul dalam transaksi jual beli dan arising in a sale and leaseback transaction,
sewa-balik, untuk memastikan penjual- to ensure the seller-lessee does not
penyewa tidak mengakui jumlah setiap recognise any amount of the gain or loss
keuntungan atau kerugian yang terkait that relates to the right of use it retains.
dengan hak guna yang dipertahankan.
125
Page 973
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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. Perubahan kebijakan akuntansi dan ap. 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 on January 1, 2024, which
tanggal 1 Januari 2024, yang dianggap relevan is considered relevant to the consolidated
dengan laporan keuangan konsolidasian, yaitu financial statements, namely (continued):
(lanjutan):
d. Amandemen PSAK 207 (sebelumnya d. Amendment of PSAK 207 (previously
dirujuk sebagai PSAK 2) dan PSAK 107 referred to as PSAK 2) and PSAK 107
(sebelumnya dirujuk sebagai PSAK 60): (previously referred to as PSAK 60):
Pengaturan Pembiayaan Pemasok Supplier Finance Arrangements
Amandemen PSAK 207 dan PSAK 107 The amendments to PSAK 207 and PSAK
mengklarifikasi karakteristik pengaturan 107 clarify the characteristics of supplier
pembiayaan pemasok dan mensyaratkan finance arrangements and require
pengungkapan tambahan atas pengaturan additional disclosure of such arrangements.
pembiayaan pemasok tersebut. The disclosure requirements in the
Persyaratan pengungkapan dalam amendments are intended to assist users of
amandemen ini dimaksudkan untuk financial statements in understanding the
membantu pengguna laporan keuangan effects of supplier finance arrangements on
dalam memahami dampak pengaturan an entity’s liabilities, cash flows and
pembiayaan pemasok terhadap liabilitas, exposure to liquidity risk.
arus kas, dan eksposur terhadap risiko
likuiditas suatu entitas.
e. Penyesuaian Tahunan 2024 atas e. 2024 Annual Adjustment to SFAS No. 407
PSAK No. 407, “Akuntansi Ijarah”. “Akuntansi Ijarah”. This adjustment
Penyesuaian ini menyelaraskan dan harmonizes and maintains consistency in
menjaga konsistensi pengaturan untuk the arrangements for revenue recognition
pengakuan pendapatan dan penyajian and presentation of ijarah for indirect
ijarah atas jasa secara tidak langsung. services.
Penerapan PSAK di atas tidak berdampak The implementation of SFAS above does not
material terhadap pelaporan keuangan dan cause significant change to the financial
pengungkapan dalam laporan keuangan reporting and disclosure in the consolidated
konsolidasian. financial statements.
aq. Tanggung jawab sosial dan lingkungan aq. Social and environmental responsibility
Berdasarkan PER-05/MBU/04/2021, istilah Based on PER-05/MBU/04/2021, the term
PKBL (Program Kemitraan dan Bina PEDP (Partnership and Environmental
Lingkungan) tidak digunakan lagi dan diganti Development Program) is no longer used and
menjadi TJSL (Tanggung Jawab Sosial & changed to SER (Social & Environmental
Lingkungan). Alokasi dana tidak dialokasikan Responsibility). The allocation of funds is not
dari saldo laba berdasarkan hasil keputusan allocated from the balance of earnings based
Rapat Umum Pemegang Saham (RUPS) akan on the results of the General Meeting of
tetapi diakui dan dibebankan ke laporan laba Shareholders (GMS) decision but is
rugi dan penghasilan komprehensif lain recognized and charged to the consolidated
konsolidasian tahun berjalan. statement of profit or loss and other
comprehensive income for the current year.
126
Page 974
The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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.
3. KAS 3. CASH
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 28.038.188 29.764.399 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 65.023.905 1.046.560 79.872.638 1.229.799 United States Dollar
Riyal Arab Saudi 63.804.945 273.340 45.839.472 188.217 Saudi Arabian Riyal
Dolar Singapura 11.647.132 137.955 15.547.692 181.540 Singaporean Dollar
Euro Eropa 4.965.698 83.216 3.620.283 61.684 European Euro
Ringgit Malaysia 22.455.237 80.791 12.365.562 41.489 Malaysian Ringgit
Dolar Australia 3.001.500 30.056 6.439.502 67.749 Australian Dollar
Dirham Uni Emirat Arab 5.341.730 23.408 2.817.265 11.811 United Arab Emirates Dirham
Pound Sterling Inggris 985.440 19.924 603.196 11.839 Great Britain Pound Sterling
Franc Swiss 584.970 10.421 581.040 10.633 Swiss Franc
Dolar Brunei Darussalam 875.830 10.374 455.095 5.270 Bruneian Dollar
Yen Jepang 67.951.794 7.001 83.669.794 9.110 Japanese Yen
Dolar Selandia Baru 516.268 4.681 207.298 2.024 New Zealand Dollar
Dolar Taiwan Baru 9.277.819 4.555 1.725.199 869 New Taiwanese Dollar
Renminbi 1.874.875 4.134 2.797.142 6.070 Renminbi
Dolar Kanada 339.796 3.806 273.691 3.183 Canadian Dollar
Dolar Hong kong 1.383.271 2.868 2.630.075 5.183 Hong Kong Dollar
Peso Filipina 3.148.660 876 4.522.830 1.257 Phillipine Peso
Baht Thailand 1.409.870 662 1.864.080 838 Thailand Baht
Won Korea Selatan 35.859.387 392 27.524.387 327 South Korean Won
Dong Vietnam 325.350.000 205 415.104.461 266 Vietnamese Dong
Rupee India 726.658 137 729.257 135 Indian Rupee
Kina Papua Nugini 23.323 92 22.277 92 Papua New Guinean Kina
1.745.454 1.839.385
Total 29.783.642 31.603.784 Total
Saldo kas sudah termasuk uang pada mesin ATM Cash balance includes cash in ATM (Automatic
(Anjungan Tunai Mandiri) sebesar Rp3.730.161 dan Teller Machines) amounting to Rp3,730,161 and
ASD1.079.600 (nilai penuh) pada tanggal USD1,079,600 (full amount) as of December 31,
31 Desember 2024 serta Rp4.208.492 dan 2024, and Rp4,208,492 and USD905,640 (full
ASD905.640 (nilai penuh) pada tanggal amount) as of December 31, 2023.
31 Desember 2023.
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, there was no
2023 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, except will be used to pay
anak, kecuali yang akan digunakan untuk membayar obligations that will mature within 1 (one) year is
kewajiban yang akan jatuh tempo dalam waktu 1 presented as part of Other Assets (Note 17).
(satu) tahun disajikan sebagai bagian dari Aset Lain-
lain (Catatan 17).
127
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 77.556.344 93.630.203 Rupiah
Dolar Amerika Serikat 703.487.121 11.322.625 537.696.816 8.278.918 United States Dollar
Total 88.878.969 101.909.121 Total
5. GIRO PADA BANK LAIN 5. CURRENT ACCOUNTS WITH OTHER BANKS
a) Berdasarkan Mata Uang: a) By Currency:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 455.510 269.629 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 1.225.684.117 19.727.386 1.080.512.301 16.636.648 United States Dollar
Renminbi 580.523.445 1.280.048 254.652.528 552.611 Renminbi
Yen Jepang 8.020.543.284 826.357 6.075.048.703 661.421 Japanese Yen
Euro Eropa 40.432.983 677.581 72.038.920 1.227.422 European Euro
Dolar Singapura 56.729.387 671.935 123.042.799 1.436.690 Singaporean Dollar
Pound Sterling Inggris 24.789.813 501.214 14.631.778 287.171 Great Britain Pound Sterling
Dirham Uni Emirat Arab 47.833.087 209.609 2.490.560 10.441 United Arab Emirates Dirham
Dolar Australia 19.884.566 199.114 23.562.642 247.897 Australian Dollar
Dolar Selandia Baru 16.015.084 145.224 13.356.004 130.429 New Zealand Dollar
Dolar Hong Kong 65.074.834 134.907 158.345.706 312.057 Hong Kong Dollar
Dolar Taiwan Baru 173.816.071 85.331 17.082.759 8.601 New Taiwanese Dollar
Franc Swiss 4.483.353 79.871 1.412.688 25.851 Swiss Franc
Riyal Arab Saudi 7.254.723 31.079 3.102.100 12.737 Saudi Arabian Riyal
Dolar Kanada 2.384.979 26.716 3.057.119 35.553 Canadian Dollar
Ringgit Malaysia 2.690.191 9.679 5.199.682 17.446 Malaysian Ringgit
Kroner Norwegia 4.889.729 6.942 3.498.713 5.281 Norwegian Croner
Kroner Swedia 4.555.299 6.666 2.436.698 3.756 Swedish Croner
Baht Thailand 6.214.167 2.919 4.488.551 2.019 Thailand Baht
24.622.578 21.614.031
25.078.088 21.883.660
128
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
a) Berdasarkan Mata Uang (lanjutan): a) By Currency (continued):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 470.161 414.931 Rupiah
Mata uang asing Foreign currency
Dolar Hong Kong 13.252.891 27.475 12.002.281 23.653 Hong Kong Dollar
Dolar Amerika Serikat 441.212 7.101 628.351 9.675 United States Dollar
34.576 33.328
504.737 448.259
Total 25.582.825 22.331.919 Total
Cadangan kerugian penurunan nilai (8.378) (9.984) Allowance for impairment losses
Total - Bersih 25.574.447 22.321.935 Total - Net
b) Berdasarkan Bank: b) By Bank:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Central Asia Tbk 163.195 56.298 PT Bank Central Asia Tbk
Standard Chartered Bank 113.842 91.007 Standard Chartered Bank
PT Bank Muamalat Indonesia Tbk 35.819 20.957 PT Bank Muamalat Indonesia Tbk
PT BPD DIY 30.010 77 PT BPD DIY
PT Bank Maybank Indonesia Tbk 26.676 12.962 PT Bank Maybank Indonesia Tbk
PT Bank DKI 16.499 24.892 PT Bank DKI
PT Bank Mayapada Internasional Tbk 10.350 6.067 PT Bank Mayapada Internasional Tbk
Lainnya 59.119 57.369 Others
455.510 269.629
Mata uang asing Foreign currency
J.P. Morgan Chase Bank, N.A. 14.467.400 10.505.921 J.P. Morgan Chase Bank, N.A.
Citibank N.A. 2.160.953 2.238.494 Citibank N.A.
Bank of America 1.982.014 1.953.570 Bank of America
Bank of China, Ltd 1.227.909 628.607 Bank of China, Ltd
Standard Chartered Bank 755.651 2.265.496 Standard Chartered Bank
Banco Central de Timor Leste 610.672 578.544 Banco Central de Timor Leste
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 458.665 391.992 Corporation
Bank MUFG 367.700 269.463 Bank MUFG
DBS Bank 278.793 330.129 DBS Bank
HSBC Holdings PLC 240.752 376.078 HSBC Holdings PLC
The Bank of New York Mellon 226.948 126.794 The Bank of New York Mellon
Commerzbank AG Frankfurt 224.991 297.409 Commerzbank AG Frankfurt
Lainnya 1.620.130 1.651.534 Others
24.622.578 21.614.031
25.078.088 21.883.660
129
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
(lanjutan)
b) Berdasarkan Bank (lanjutan): b) By Bank (continued):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Bank Mandiri (Persero) Tbk 147.201 118.928 PT Bank Mandiri (Persero) Tbk
PT Bank Syariah Indonesia Tbk 135.229 113.847 PT Bank Syariah Indonesia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 126.594 124.538 (Persero) Tbk
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 61.136 57.615 (Persero) Tbk
PT Bank Hibank Indonesia 1 3 PT Bank Hibank Indonesia
470.161 414.931
Mata uang asing Foreign currency
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 32.995 30.155 (Persero) Tbk
PT Bank Mandiri (Persero) Tbk 1.581 3.173 PT Bank Mandiri (Persero) Tbk
34.576 33.328
504.737 448.259
Total 25.582.825 22.331.919 Total
Cadangan kerugian penurunan nilai (8.378) (9.984) Allowance for impairment losses
Bersih 25.574.447 22.321.935 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/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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
130
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
(lanjutan)
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/ December 31, 2023
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 21.488.434 - - 21.488.434 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 710.407 - - 710.407 carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 338.949 - - 338.949 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya - - - - assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (205.871) - - (205.871) and other changes
Carrying value ending
Nilai tercatat akhir 22.331.919 - - 22.331.919 balance
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
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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
131
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
(lanjutan)
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/December 31, 2023
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 18.577 - - 18.577 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 (13.558) - - (13.558) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 5.016 - - 5.016 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya - - - - assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (51) - - (51) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 9.984 - - 9.984 credit loss ending balance
Pada tanggal-tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, there were no
tidak terdapat giro pada bank lain yang dibatasi current accounts with other banks that were restricted
penggunaannya. in use.
Pada tanggal-tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, current accounts
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 2024 dan 2023. 2024 and 2023.
132
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Curreny and Type:
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 30.440.561 Deposit Facility
18.949.861 30.440.561
Inter-bank call money Inter-bank call money
PT Bank DKI 400.000 400.000 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 200.000 230.000 PT Bank UOB Indonesia
PT Bank Maybank PT Bank Maybank
Indonesia Tbk 175.000 - Indonesia Tbk
PT BPD Sumatera Utara 100.000 250.000 PT BPD Sumatera Utara
PT BPD Sulawesi Utara PT BPD Sulawesi Utara
Gorontalo 100.000 100.000 Gorontalo
Lembaga Keuangan Lainnya 180.000 1.050.000 Other Financial Institutions
2.155.000 2.030.000
Deposito Berjangka Time Deposits
PT Bank DKI 78.600 54.800 PT Bank DKI
PT BPD Sulawesi Tengah 38.350 - PT BPD Sulawesi Tengah
PT BPD Sumatera Utara 35.000 - PT BPD Sumatera Utara
PT Bank KB Bukopin Syariah 25.500 28.500 PT Bank KB Bukopin Syariah
PT Bank Panin Dubai PT Bank Panin Dubai
Syariah 19.000 - Syariah
PT Bank CIMB Niaga Tbk 17.500 - PT Bank CIMB Niaga Tbk
PT Bank Mayapada PT Bank Mayapada
International Tbk 13.000 - International Tbk
PT Bank Muamalat Indonesia 12.050 22.050 PT Bank Muamalat Indonesia
PT Bank Ina Perdana Tbk 11.000 - PT Bank Ina Perdana Tbk
Lembaga Keuangan Lainnya 195.971 470.670 Other Financial Institutions
445.971 576.020
21.550.832 33.046.581
133
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Curreny and Type (continued):
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 1.000.000.000 16.095.000 1.200.000.000 18.476.400 Term Deposit
16.095.000 18.476.400
Inter-bank call money Inter-bank call money
Federal Reserve Bank 425.599.380 6.850.022 246.470.482 3.794.906 Federal Reserve Bank
Wells Fargo Bank, N,A 72.200.000 1.162.059 59.500.000 916.122 Wells Fargo Bank, N.A.
State Bank of India 53.000.000 853.035 10.000.000 153.970 State Bank of India
The Bank of New York Mellon The Bank of New York Mellon
Corporation 49.400.000 795.093 43.100.000 663.611 Corporation
Standard Chartered Bank 21.996.601 354.035 17.225.979 265.228 Standard Chartered Bank
Cathay United Bank Taiwan 20.000.000 321.900 - Cathay United Bank Taiwan
United Overseas Bank Limited 7.452.999 119.956 - United Overseas Bank Limited
First Commercial Bank Co,, Ltd - 9.500.000 146.272 First Commercial Bank Co,, Ltd
The Hongkong and Shanghai The Hongkong and Shanghai
Banking Co., Ltd - 151.800.565 2.337.273 Banking Co., Ltd
Lembaga Keuangan Lainnya 9.642.671 155.199 720.652 165.109 Other Financial Institutions
10.611.299 8.442.491
Deposito berjangka Time Deposits
U.S. Bankcorp 634.620 10.214 19.346.399 297.877 U.S. Bankcorp
Lembaga Keuangan Lainnya - 103.370 1.592 Other Financial Institutions
10.214 299.469
Penempatan lainnya Other Placements
(Banker's Acceptance) (Banker's Acceptance)
PT Bank Maybank PT Bank Maybank
Indonesia Tbk 116.000.000 1.867.020 14.000.000 215.558 Indonesia Tbk
PT Bank IBK Indonesia Tbk 95.000.000 1.529.025 30.000.000 461.910 PT Bank IBK Indonesia Tbk
PT Bank Mega Tbk 50.000.000 804.750 30.000.000 461.910 PT Bank Mega Tbk
PT Bank KEB Hana Indonesia - 50.000.000 769.850 PT Bank KEB Hana Indonesia
(Margin Deposit) (Margin Deposit)
JP Morgan Chase Bank, N.A 1.000.000 16.095 1.000.000 15.397 JP Morgan Chase Bank, N.A
4.216.890 1.924.625
30.933.403 29.142.985
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
Sinopac Financial Holdings Co. Ltd - 215.000.000 108.253 Sinopac Financial Holdings Co. Ltd
196.370 108.253
31.129.773 29.251.238
52.680.605 62.297.819
134
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Curreny and Type (continued):
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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
PT Bank Syariah Indonesia Tbk - 100.000 PT Bank Syariah Indonesia Tbk
PT Bank Mandiri Taspen - 100.000 PT Bank Mandiri Taspen
1.000.000 200.000
Deposito berjangka Time deposits
PT Bank Tabungan PT Bank Tabungan
Negara (Persero) Tbk 743.179 589.084 Negara (Persero) Tbk
PT Bank Syariah Indonesia Tbk 174.448 331.028 PT Bank Syariah Indonesia Tbk
PT Bank Negara Indonesia Tbk 65.050 7.050 PT Bank Negara Indonesia Tbk
PT Bank Mandiri (Persero) Tbk - 6.500 PT Bank Mandiri (Persero) Tbk
982.677 933.662
1.982.677 1.133.662
Dolar Amerika Serikat United States Dollar
Inter-bank call money Inter-bank call money
PT Bank Mandiri (Persero) Tbk 138.000.000 2.221.110 110.000.000 1.693.670 PT Bank Mandiri (Persero) Tbk
PT Bank Negara PT Bank Negara Indonesia
Indonesia (Persero) Tbk 60.000.000 965.700 - Persero (Tbk)
PT Bank Syariah Indonesia Tbk - 5.000.000 76.985 PT Bank Syariah Indonesia Tbk
3.186.810 1.770.655
Deposito Berjangka Time Deposits
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 1.506.244 24.243 1.501.851 23.124 (Persero) Tbk
24.243 23.124
3.211.053 1.793.779
5.193.730 2.927.441
Total 57.874.335 65.225.260 Total
Cadangan kerugian penurunan nilai (767) (1.860) Less allowance for impairment losses
Bersih 57.873.568 65.223.400 Net
135
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
1 bulan 21.386.012 32.918.731 1 month
> 1 bulan - 3 bulan 51.650 73.600 > 1 month - 3 months
> 3 bulan - 1 tahun 113.170 54.250 > 3 months - 1 year
21.550.832 33.046.581
Mata Uang Asing Foreign currency
1 bulan 25.754.137 27.418.995 1 month
> 1 bulan - 3 bulan 4.216.796 1.062.393 > 1 month - 3 months
> 3 bulan - 1 tahun 1.158.840 769.850 > 3 months - 1 year
31.129.773 29.251.238
52.680.605 62.297.819
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
1 bulan 1.903.733 998.612 1 month
> 1 bulan - 3 bulan 78.444 106.500 > 1 month - 3 months
> 3 bulan - 1 tahun 500 28.550 > 3 months - 1 year
1.982.677 1.133.662
Mata Uang Asing Foreign currency
1 bulan 3.211.053 100.109 1 month
> 3 bulan - 1 tahun - 1.693.670 > 3 months - 1 year
3.211.053 1.793.779
5.193.730 2.927.441
Total 57.874.335 65.225.260 Total
Cadangan kerugian penurunan nilai (767) (1.860) Allowance for impairment losses
Bersih 57.873.568 65.223.400 Net
136
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ 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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
31 Desember/December 31, 2023
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 70.401.901 - - 70.401.901 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 63.493.567 - - 63.493.567 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (68.654.629) - - (68.654.629) assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (15.579) - - (15.579) and other changes
Carrying value ending
Nilai tercatat akhir 65.225.260 - - 65.225.260 balance
137
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - 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
31 Desember/ December 31, 2023
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 1.981 - - 1.981 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 994 - - 994 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (1.117) - - (1.117) assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 2 - - 2 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 1.860 - - 1.860 credit loss ending balance
138
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
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023. 2024 and 2023.
Pada tanggal-tanggal 31 Desember 2024 dan As of and December 31, 2024 and 2023, placement
2023, penempatan pada Bank Indonesia dan with Bank Indonesia and other financial institutions
lembaga keuangan lain dilakukan penilaian secara are assessed collectively.
kolektif.
Pada tanggal-tanggal 31 Desember 2024 dan On December 31, 2024 and 2023, there are no
2023, tidak terdapat jumlah dana yang diblokir. blocked funds.
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, there were no
2023, 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 Rp16.095 dan Rp15.397. Rp16,095 and Rp15,397, respectively.
7. EFEK-EFEK 7. SECURITIES
a) Berdasarkan Tujuan, Mata Uang dan Jenis: a) By Purpose, Currency, and Type:
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 Bank Indonesia 8.673.481 1.240.835 Certificate of Bank Indonesia
Reksadana 7.638.041 5.955.527 Mutual Fund
Obligasi 269.314 358.545 Bonds
Obligasi Subordinasi - 15.783 Subordinated Bonds
Lainnya 1.028.862 1.312.688 Others
17.609.698 8.883.378
Dolar Amerika Serikat United States Dollar
U.S. Treasury Bonds 2.999.941 48.284 135.349.949 2.083.983 U.S. Treasury Bonds
Reksadana 594.401 9.567 591.432 9.106 Mutual Fund
Sertifikat Bank Indonesia - 14.891.839 229.290 Certificate of Bank Indonesia
Lainnya 1.333.040 21.455 982.009 15.120 Others
79.306 2.337.499
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Obligasi Pemerintah Indonesia 4.325.287 8.733.403 Indonesian Government Bond
Obligasi 98.410 173.530 Bonds
Lainnya 544.739 1.311.929 Others
4.968.436 10.218.862
Dolar Amerika Serikat United States Dollar
Obligasi Pemerintah Indonesia 39.353.446 633.394 51.052.819 786.060 Indonesian Government Bond
Obligasi 7.947.680 127.918 10.870.450 167.372 Bonds
761.312 953.432
23.418.752 22.393.171
139
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2024 31 Desember/December 31, 2023
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 Bank Indonesia 18.337.366 30.260.840 Certificate of Bank Indonesia
Reksadana 14.255.835 13.180.953 Mutual Fund
Obligasi 3.220.768 2.874.965 Bonds
Lainnya 8.613 38.810 Others
35.822.582 46.355.568
Dolar Amerika Serikat United States Dollar
Sertifikat Bank Indonesia 304.147.426 4.895.253 9.983.699 153.719 Certificate of Bank Indonesia
U.S. Treasury Bonds 101.653.849 1.636.119 143.115.132 2.203.544 U.S. Treasury Bonds
U.S. Treasury Bills 62.800.383 1.010.772 2.989.945 46.036 U.S. Treasury Bills
Reksadana 50.750.000 816.821 50.670.000 780.166 Mutual Fund
Obligasi 45.246.228 728.238 35.404.566 545.124 Bonds
9.087.203 3.728.589
Dolar Singapura Singaporean Dollar
Monetary Authority of Singapore Monetary Authority of Singapore
(MAS) Bills 124.484.981 1.474.472 132.290.443 1.544.668 (MAS) Bills
Singapore Government Singapore Government
Securities (SIGB) 49.514.693 586.480 48.952.967 571.591 Securities (SIGB)
Obligasi 982.099 11.633 979.338 11.435 Bonds
2.072.585 2.127.694
Dolar Taiwan Baru New Taiwanese Dollar
Negotiable Certificate of Deposit 130.000.000 63.820 100.000.000 50.350 Negotiable Certificate of Deposit
Obligasi Pemerintah Taiwan 200.121.300 98.245 252.349.250 127.058 Taiwan Government Bonds
162.065 177.408
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Obligasi Pemerintah Indonesia 75.098.417 61.213.197 Indonesian Government Bond
Obligasi 6.359.980 6.472.903 Bonds
Medium-Term Note 211.027 216.023 Medium-Term Note
Negotiable Certificate of Deposit - 85.250 Negotiable Certificate of Deposit
Lainnya 13.118 69.700 Others
81.682.542 68.057.073
Dolar Amerika Serikat United States Dollar
Obligasi Pemerintah Indonesia 2.120.255.081 34.125.506 2.492.886.098 38.382.967 Indonesian Government Bond
Obligasi 275.977.690 4.441.861 259.364.335 3.993.433 Bonds
38.567.367 42.376.400
Yen Jepang Japanese Yen
Obligasi Pemerintah Indonesia 2.185.844.488 225.207 2.383.695.877 259.537 Indonesian Government Bond
225.207 259.537
Euro Eropa European Euro
Obligasi Pemerintah Indonesia 15.320.075 256.735 15.077.525 256.896 Indonesian Government Bond
256.735 256.896
167.876.286 163.339.165
140
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2024 31 Desember/December 31, 2023
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
Obligasi 15.096 25.130 Bonds
Sertifikat Bank Indonesia 346.126 - Certificate of Bank Indonesia
361.222 25.130
Dolar Amerika Serikat United States Dollar
Obligasi 2.999.277 48.273 2.996.946 46.144 Bonds
Obligasi Pemerintah Indonesia - - 9.000.000 138.573 Indonesian Government Bond
Lainnya 1.343.798.812 21.628.442 1.290.438.254 19.868.876 Others
21.676.715 20.053.593
Dolar Singapura Singaporean Dollar
Obligasi 9.448.037 111.908 9.508.394 111.023 Bonds
Lainnya 9.000.000 106.601 - Others
218.509 111.023
Pound Sterling Inggris Great Britain Pound Sterling
Lainnya - 20.211.422 396.681 Others
- 396.681
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 86.661.449 94.665.750 Indonesian Government Bond
Obligasi 231.095 531.824 Bonds
Medium-Term Note 10.175 11.000 Medium-Term Note
86.902.719 95.208.574
Dolar Amerika Serikat United States Dollar
Obligasi Pemerintah Indonesia 1.461.520.946 23.523.180 1.820.018.749 28.022.829 Indonesian Government Bond
Obligasi 16.083.435 258.863 19.743.499 303.991 Bonds
Lainnya 87.080.000 1.401.552 40.670.455 626.203 Others
25.183.595 28.953.023
Euro Eropa European Euro
Obligasi Pemerintah Indonesia 35.580.160 596.256 35.857.084 610.944 Indonesian Government Bond
596.256 610.944
135.240.662 145.358.968
Total 326.535.700 331.091.304 Total
Dikurangi cadangan kerugian penurunan nilai (58.823) (81.510) Less Allowance for Impairment Losses
Bersih 326.476.877 331.009.794 Net
141
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
1 bulan 53.443.260 55.238.945 1 month
> 1 bulan - 3 bulan 60.721 - > 1 month - 3 months
> 3 bulan - 1 tahun 284.425 10.000 > 3 months - 1 year
> 1 tahun 5.096 15.131 > 1 year
53.793.502 55.264.076
Mata Uang Asing Foreign currency
1 bulan 14.784.717 14.515.467 1 month
> 1 bulan - 3 bulan 7.626.822 6.122.743 > 1 month - 3 months
> 3 bulan - 1 tahun 11.077.537 8.044.730 > 3 months - 1 year
> 1 tahun 108.953 249.547 > 1 year
33.598.029 28.932.487
87.391.531 84.196.563
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
1 bulan 86.948.023 78.275.935 1 month
> 1 bulan - 3 bulan 20.000 2.500.656 > 1 month - 3 months
> 3 bulan - 1 tahun 11.481.294 7.187.961 > 3 months - 1 year
> 1 tahun 75.104.380 85.519.957 > 1 year
173.553.697 173.484.509
Mata Uang Asing Foreign currency
1 bulan 41.850.687 46.535.088 1 month
> 1 bulan - 3 bulan - 375.606 > 1 month - 3 months
> 3 bulan - 1 tahun 3.690.099 2.928.198 > 3 months - 1 year
> 1 tahun 20.049.686 23.571.340 > 1 year
65.590.472 73.410.232
239.144.169 246.894.741
Total 326.535.700 331.091.304 Total
Cadangan kerugian penurunan nilai (58.823) (81.510) Allowance for impairment losses
Bersih 326.476.877 331.009.794 Net
142
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar melalui laba rugi Fair value through profit or loss
Rupiah Rupiah
Obligasi Pemerintah Fixed Rate 1.058.572 3.103.592 Fixed Rate Government Bonds
Surat Perbendaharaan Negara 983.305 4.328.423 Government Treasury Bills
Obligasi Pemerintah Sukuk 673.106 1.196.634 Sukuk Government Bonds
Obligasi Republik Indonesia 1.610.304 104.754 Republic of Indonesia Bonds
4.325.287 8.733.403
Mata uang asing Foreign currency
U.S. Treasury Bonds 48.284 2.083.983 U.S. Treasury Bond
Obligasi Pemerintah Fixed Rate United States Dollar Fixed Rate
Dolar Amerika Serikat 320.083 417.469 Government Bonds
Obligasi Pemerintah Sukuk 313.311 368.591 Sukuk Government Bonds
681.678 2.870.043
5.006.965 11.603.446
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Rupiah Rupiah
Obligasi Pemerintah Fixed Rate 51.852.182 45.488.821 Fixed Rate Government Bonds
Obligasi Pemerintah Sukuk 10.531.589 14.902.982 Sukuk Government Bonds
Obligasi Republik Indonesia 12.568.881 821.394 Republic of Indonesia Bonds
Surat Perbendaharaan Negara 136.165 - Government Treasury Bills
Surat Perbendaharaan Negara Sharia Government Treasury
Syariah 9.600 - Bills
75.098.417 61.213.197
143
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar melalui Fair value through
penghasilan komprehensif other comprehensive
lain (lanjutan) income (continued)
Mata uang asing Foreign currency
Obligasi Pemerintah Sukuk 16.078.089 18.034.426 Sukuk Government Bonds
Obligasi Pemerintah Fixed Rate United States Dollar Fixed Rate
Dolar Amerika Serikat 18.047.417 20.348.541 Government Bonds
U.S. Treasury Bonds 1.636.119 2.203.544 U.S. Treasury Bonds
U.S. Treasury Bills 1.010.772 46.036 U.S. Treasury Bills
Singapore Government Singapore Government
Securities (SIGB) 586.480 571.591 Securities (SIGB)
Obligasi Pemerintah European Euro
Euro Eropa 256.735 256.896 Government Bonds
Obligasi Pemerintah Japanese Yen
Yen Jepang 225.207 259.537 Government Bonds
Obligasi Pemerintah Taiwan 98.245 127.058 Taiwanese Government Bonds
37.939.064 41.847.629
113.037.481 103.060.826
Biaya perolehan diamortisasi Amortized costs
Rupiah Rupiah
Obligasi Pemerintah Fixed Rate 76.336.445 81.493.975 Fixed Rate Government Bonds
Obligasi Pemerintah Sukuk 10.005.864 13.151.748 Sukuk Government Bonds
Obligasi Republik Indonesia 319.140 20.027 Republic of Indonesia Bonds
86.661.449 94.665.750
144
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Biaya perolehan diamortisasi Amortized costs
(lanjutan) (continued)
Mata uang asing Foreign currency
Obligasi Pemerintah Fixed Rate United States Dollar Fixed Rate
Dolar Amerika Serikat 13.358.317 15.677.291 Government Bonds
Obligasi Pemerintah Sukuk 10.164.863 12.345.538 Sukuk Government Bonds
Obligasi Pemerintah European Euro
Euro Eropa 596.256 610.944 Government Bonds
U.S. Treasury Bonds - 138.573 U.S. Treasury Bonds
24.119.436 28.772.346
110.780.885 123.438.096
Total 228.825.331 238.102.368 Total
145
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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:
berikut:
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 6,03 - 12,32 16 Jan/Jan 16, 2025- 5,41 - 7,84 1 Feb/Feb 1, 2024- Treasury Bills
4 Ags/Aug 4, 2025 14 Nov/Nov 14, 2024
Obligasi Pemerintah Fixed Rate Government
Fixed Rate 5,12 - 12,00 15 Feb/Feb 15, 2025- 5,13 - 11,00 15 Mar/Mar 15, 2024- Bonds
15 Jul/Jul 15, 2054 15 Ags/Aug 15, 2051
Obligasi Pemerintah Sukuk 4,87 - 10,25 15 Jan/Jan 15, 2025- 3,60 - 9,00 10 Jan/Jan 10, 2024- Sukuk Government Bonds
15 Des/Dec 15, 2049 15 Des/Dec 15, 2049
Obligasi Republik Indonesia 4,87 - 10,25 15 Feb/Feb 15, 2025- 4,90 - 6,35 15 Okt/Oct 15, 2024- Republic of Indonesia Bonds
15 Jul/Jul 15, 2064 15 Des/Dec 15, 2049
Mata uang asing Foreign currency
Obligasi Pemerintah Sukuk 1,50 - 5,65 28 Mei/May 28, 2025- 1,50 - 5,40 20 Ags/Aug 20, 2024- Sukuk Government Bonds
25 Nov/Nov 25, 2054 23 Jun/Jun 23, 2050
Obligasi Pemerintah Fixed Rate Fixed Rate Government Bonds
Dolar Amerika Serikat 1,50 - 8,50 15 Jan/Jan 15, 2025- 1,50 - 8,50 15 Jan/Jan 15, 2024- United States Dollar
12 Mar/Mar 12, 2071 23 Sep/Sep 23, 2061
Obligasi Pemerintah European Euro
Euro Eropa 0,90 - 3,38 30 Jul/Jul 30, 2025- 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 0,26 - 0,57 7 Jun/Jun 7, 2024- Government Bonds
27 Mei/May 27, 2026
Obligasi Pemerintah Taiwan Government
Taiwan 1,00 - 2,13 10 Nov/Nov 10, 2026- 0,63 - 2,13 14 Jan/Jan 14, 2024- Bonds
23 Jun/Jun 23, 2027 23 Jun/Jun 23, 2027
U.S. Treasury Bonds 0,25 - 5,00 31 Jan/Jan 31, 2025- 0,13 - 5,48 25 Jan/Jan 25, 2025- U.S. Treasury Bonds
15 Nov/Nov 15, 2033 15 Feb/Feb 15, 2025
U.S. Treasury Bills 3,18 - 4,99 14 Jan/Jan 14, 2025- 5,15 23 Jan/Jan 23, 2024 U.S. Treasury Bills
11 Feb/Feb 11, 2025
Singapore Government Singapore Government
Securities 0,50 - 2,63 1 Jun/Jun 1, 2025- 0,50 - 2,63 1 Jun/Jun 1, 2025- Securities
1 Mei/May 1, 2028 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 93,70% sampai dengan 120,52% dan 93.70% to 120.52% and 95.89% to 133.01%
95,89% sampai dengan 133,01% masing- as of December 31, 2024 and 2023,
masing pada tanggal 31 Desember 2024 respectively.
dan 2023.
146
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar melalui laba rugi Fair value through profit or loss
Pihak ketiga Third parties
Rupiah Rupiah
PT Indah Kiat Pulp & Paper Tbk 128.886 52.820 PT Indah Kiat Pulp & Paper Tbk
PT Oki Pulp & Paper 51.590 53.803 PT Oki Pulp & Paper
PT Merdeka Copper Gold Tbk 40.560 92.548 PT Merdeka Copper Gold Tbk
PT Federal International PT Federal International
Finance 24.906 25.148 Finance
PT Medco Power Indonesia 13.261 13.490 PT Medco Power Indonesia
PT Chandra Asri PT Chandra Asri
Petrochemical Tbk 10.111 10.051 Petrochemical Tbk
PT Bumi Serpong Damai Tbk - 50.171 PT Bumi Serpong Damai Tbk
PT Astra Sedaya Finance - 49.950 PT Astra Sedaya Finance
PT Indosat Tbk - 10.564 PT Indosat Tbk
269.314 358.545
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Bank Mandiri (Persero) Tbk 38.640 89.095 PT Bank Mandiri (Persero) Tbk
PT Waskita Beton Precast Tbk 26.633 15.900 PT Waskita Beton Precast Tbk
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 24.980 - (Persero)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 4.165 9.259 (Persero)
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) 3.992 30.086 (Persero)
PT Indonesia Infrastructure PT Indonesia Infrastructure
Finance - 14.179 Finance
PT Mandiri Tunas Finance - 10.000 PT Mandiri Tunas Finance
PT Timah (Persero) Tbk - 5.011 PT Timah (Persero) Tbk
98.410 173.530
Dolar Amerika Serikat United States Dollar
PT Bank Mandiri (Persero) Tbk 127.918 167.372 PT Bank Mandiri (Persero) Tbk
127.918 167.372
495.642 699.447
147
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar melalui Fair value through other
penghasilan komprehensif lain comprehensive income
Pihak ketiga Third parties
Rupiah Rupiah
PT Adira Dinamika Multi PT Adira Dinamika Multi
Finance Tbk 598.099 617.968 Finance Tbk
PT Astra Sedaya Finance 574.991 779.564 PT Astra Sedaya Finance
PT Federal
PT Federal International Finance 338.577 375.964 International Finance
PT Surya Artha Nusantara PT Surya Artha Nusantara
Finance 325.272 - Finance
PT Chandra Asri PT Chandra Asri
Petrochemical Tbk 294.115 298.707 Petrochemical Tbk
PT Indomobil Finance PT Indomobil Finance
Indonesia 293.256 14.751 Indonesia
PT Indosat Tbk 165.461 180.964 PT Indosat Tbk
PT Indah Kiat Pulp & Paper Tbk 118.877 95.047 PT Indah Kiat Pulp & Paper Tbk
PT Maybank Indonesia Finance 112.208 191.657 PT Maybank Indonesia Finance
PT Bank SMBC Indonesia Tbk 82.849 68.507 PT Bank SMBC Indonesia Tbk
Lainnya 317.063 251.836 Others
3.220.768 2.874.965
Dolar Amerika Serikat United States Dollar
PT Freeport Indonesia 284.964 30.375 PT Freeport Indonesia
PT Indofood Sukses PT Indofood Sukses
Makmur Tbk 155.877 145.600 Makmur Tbk
CIMB Bank Berhad 60.412 56.344 CIMB Bank Berhad
US Bank 48.185 44.926 US Bank
Toronto-Dominion Bank, N. A. 46.320 117.739 Toronto-Dominion Bank, N. A.
Bank of America 9.644 8.825 Bank of America
JP Morgan Chase Bank, N. A. 6.317 5.796 JP Morgan Chase Bank, N. A.
Verizon Communications 5.081 5.280 Verizon Communications
PNC Financial Services PNC Financial Services
Group, Inc 4.634 4.319 Group, Inc
Morgan Stanley 3.882 5.509 Morgan Stanley
Lainnya 102.922 120.411 Others
728.238 545.124
Dolar Singapura Singaporean Dollar
House and Development House and Development
Board Singapore 11.633 11.435 Board Singapore
11.633 11.435
148
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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) 1.953.682 1.530.173 (Persero)
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) 947.653 1.082.390 (Persero)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 517.877 599.069 (Persero)
PT Pupuk Indonesia (Persero) 470.283 604.488 PT Pupuk Indonesia (Persero)
PT Kereta Api Indonesia PT Kereta Api Indonesia
(Persero) 396.278 362.450 (Persero)
PT Mandiri Tunas Finance 376.699 334.683 PT Mandiri Tunas Finance
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 355.608 130.234 (Persero) Tbk
PT Bank Mandiri (Persero) Tbk 339.480 549.390 PT Bank Mandiri (Persero) Tbk
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 265.074 412.848 (Persero) Tbk
PT Waskita Karya (Persero) Tbk 195.814 194.477 PT Waskita Karya (Persero) Tbk
Lainnya 541.532 672.701 Others
6.359.980 6.472.903
Dolar Amerika Serikat United States Dollar
PT Indonesia Asahan Aluminium PT Indonesia Asahan Aluminium
(Persero) 1.491.040 1.048.442 (Persero)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 847.568 685.304 (Persero)
PT Pertamina (Persero) 763.991 518.981 PT Pertamina (Persero)
PT Bank Mandiri (Persero) Tbk 578.704 718.227 PT Bank Mandiri (Persero) Tbk
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) 213.961 182.835 (Persero)
PT Pelabuhan Indonesia II PT Pelabuhan Indonesia II
(Persero) 209.893 197.534 (Persero)
PT Indonesia Infrastructure PT Indonesia Infrastructure
Finance 191.555 174.963 Finance
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 130.261 - (Persero) Tbk
PT Hutama Karya (Persero) 14.888 14.454 PT Hutama Karya (Persero)
PT Pelabuhan Indonesia III PT Pelabuhan Indonesia III
(Persero) - 38.204 (Persero)
PT Perusahaan Gas Negara PT Perusahaan Gas Negara
(Persero) Tbk - 414.489 (Persero) Tbk
4.441.861 3.993.433
14.762.480 13.897.860
149
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Biaya perolehan diamortisasi Amortized costs
Pihak ketiga Third parties
Rupiah Rupiah
PT Indosat Tbk 15.096 10.000 PT Indosat Tbk
PT Bank CIMB Niaga Tbk - 15.130 PT Bank CIMB Niaga Tbk
15.096 25.130
Dolar Amerika Serikat United States Dollar
United Overseas Bank 48.273 46.144 United Overseas Bank
48.273 46.144
Dolar Singapura Singaporean Dollar
House and Development House and Development
Board Singapore 111.908 111.023 Board Singapore
111.908 111.023
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Lembaga Pembiayaan Ekspor Lembaga Pembiayaan Ekspor
Indonesia 78.858 79.287 Indonesia
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 75.000 75.000 (Persero)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 39.015 276.891 (Persero)
PT Sarana Multi Infrastruktur PT Sarana Multi Infrastruktur
(Persero) 30.000 30.000 (Persero)
PT Telekomunikasi Indonesia PT Telekomunikasi Indonesia
(Persero) Tbk 5.158 5.160 (Persero) Tbk
PT Perusahaan Pengelola Aset PT Perusahaan Pengelola Aset
(Persero) 3.064 3.155 (Persero)
PT Kereta Api Indonesia PT Kereta Api Indonesia
(Persero) - 35.000 (Persero)
PT Bank Mandiri Taspen - 17.331 PT Bank Mandiri Taspen
PT Industri Kereta Api (Persero) - 10.000 PT Industri Kereta Api (Persero)
231.095 531.824
Dolar Amerika Serikat United States Dollar
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 184.252 176.091 (Persero)
PT Pelabuhan Indonesia II PT Pelabuhan Indonesia II
(Persero) 44.114 41.813 (Persero)
PT Bank Mandiri (Persero) PT Bank Mandiri (Persero)
Tbk 30.497 - Tbk
PT Pelabuhan Indonesia III PT Pelabuhan Indonesia III
(Persero) - 24.115 (Persero)
PT Perusahaan Gas Negara PT Perusahaan Gas Negara
(Persero) Tbk - 61.972 (Persero) Tbk
258.863 303.991
665.235 1.018.112
Total 15.923.357 15.615.419 Total
150
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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:
Tingkat Bunga 31 Desember/December 31, 2024 31 Desember/December 31, 2023
Per Tahun (%)/
Annual Interest Jatuh tempo/, Peringkat/, Jatuh tempo/ Peringkat/
Rate (%) Maturity Date, Rating*) Maturity Date, Rating*)
Pihak ketiga Third parties
Rupiah Rupiah
PT Adira Dinamika PT Adira Dinamika
Multifinance Tbk 5,50 - 9,50 22 Mar/Mar 22, 2025- idAAA*) 23 Jan/Jan 23, 2024- idAAA*) Multifinance Tbk
10 Okt/Oct 10, 2029 22 Mar/Mar 22, 2027
PT Astra Sedaya PT Astra Sedaya
Finance 5,30 - 7,95 22 Mar/Mar 22, 2025- idAAA*) 15 Apr/Apr 15, 2024- idAAA*) Finance
2 Okt/Oct 2, 2027 26 Okt/Oct 26, 2026
PT Federal International PT Federal International
Finance 5,30 - 6,90 24 Feb/Feb 24, 2026- idAAA*) 8 Jun/Jun 8, 2024- idAAA*) Finance
6 Sep/Sep 6, 2027 24 Feb/Feb 24, 2026
PT Surya Artha PT Surya Artha
Nusantara Finance 7,15 - 7,40 20 Jun/Jun 20, 2027- idAAA*) - - Nusantara Finance
26 Jun/Jun 26, 2029
PT Chandra Asri PT Chandra Asri
Petrochemical Tbk 7,00 - 8,50 15 Apr/ Apr 15, 2026- idAA-*) 15 Apr/Apr 15, 2026- idAA-*) Petrochemical Tbk
27 Sep/Sep 27, 2030 27 Sep/Sep 27, 2030
PT Indomobil Finance PT Indomobil Finance
Indonesia Tbk 6,50 - 7,40 21 Jun/ Jun 21, 2027- idAA*) 19 Nov/Nov 19, 2024- idAA-*) Indonesia Tbk
21 Jun/ Jun 21, 2029 25 Mar/Mar 25, 2025
PT Indah Kiat Pulp PT Indah Kiat Pulp
& Paper Tbk 8,75 - 10,75 16 Des/ Dec 16, 2025- idA - idA+*) 24 Feb/Feb 24, 2025- idA - idA+-*) & Paper Tbk
11 Jul/ Jul 11, 2028 5 Ags/Aug 5, 2027
PT Indosat Tbk 7,00 - 11,20 26 Okt/ Oct 26, 2025- idAA+ 26 Okt/Oct 26, 2025- idAA+ PT Indosat Tbk
3 Nov/ Nov 3, 2032 -idAAA*) 23 Jul/Jul 23, 2029 -idAAA*)
PT Maybank Indonesia PT Maybank Indonesia
Finance Tbk 5,80 - 6,30 30 Mar/ Mar 30, 2025 idAAA*) 23 Jun/Jun 23, 2024- idAAA*) Finance Tbk
30 Mar/Mar 30, 2025
PT Bank SMBC PT Bank SMBC
Indonesia Tbk 6,95 - 7,75 17 Des/Dec 17, 2029 idAAA*) 26 Nov/Nov 26, 2024 idAAA*) Indonesia Tbk
Lainnya 6,25 - 10,50 27 Jan/ Jan 27, 2025- idA 31 Mar/Mar 31, 2024- idA Others
5 Jul/ Jul 5, 2029 -idAAA*) 4 Apr/Apr 4, 2028 -idAAA*)
Dolar Amerika Serikat United States Dollar
PT Freeport Indonesia 4,76 - 5,32 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
**) ***)
United Overseas Bank 3,06 7 Apr/ Apr 7, 2025 AA-* 7 Apr/Apr 7, 2025 AA- United Overseas Bank
US Bank 2,80 27 Jan/ Jan 27, 2025 A+***) 27 Jan/Jan 27, 2025 A+***) US Bank
*) 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
151
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
Tingkat Bunga 31 Desember/December 31, 2024 31 Desember/December 31, 2023
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)
Toronto Dominion Toronto Dominion
Bank, N.A 1,25 - 2,80 10 Mar/Mar 10, 2027 A2**) 13 Des/Dec 13, 2024- A - A1**) Bank, N.A
10 Mar/Mar 10, 2027
Bank of America 1,32 - 3,50 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 2,01 - 4,45 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 2,36 - 4,33 21 Sep/Sep 21, 2028- A-**) 21 Sep/Sep 21, 2028- A-**) Verizon Communications
15 Mar/Mar 15, 2032 15 Mar/Mar 15, 2032
PNC Financial Services PNC Financial Services
Group, Inc 2,55 - 2,95 23 Feb/Feb 23, 2025- A2 – A3**) 23 Feb/Feb 23, 2025- A2 - A3**) Group, Inc
22 Jan/Jan 22, 2030 22 Jan/Jan 22, 2030
Lainnya 0,70 - 5,05 15 Jan/Jan 15, 2025- BBB-**) 2 Apr/Apr 2, 2024- 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 1,54 - 3,95 17 Sep/Sep 17, 2025- 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) 5,60 - 9,25 18 Feb/Feb 18, 2025- idAAA*) 10 Feb/Feb 10, 2024- idAAA*) Finansial (Persero)
15 Okt/Oct 15, 2046 7 Mei/May 7, 2032
PT Sarana Multi PT Sarana Multi
Infrastruktur (Persero) 5,75 - 8,65 5 Ags/Aug 5, 2025- idAAA*) 28 Ags/Aug 28, 2024- idAAA*) Infrastruktur (Persero)
17 Mei/May 17, 2027 17 Mei/May 17, 2027
PT Perusahaan Listrik PT Perusahaan Listrik
Negara (Persero) 6,40 - 9,60 18 Feb/Feb 18, 2025- idAAA*) 19 Feb/Feb 19, 2024- idAAA*) Negara (Persero)
18 Feb/Feb 18, 2035 18 Feb/Feb 18, 2035
PT Pupuk Indonesia PT Pupuk Indonesia
(Persero) 5,60 - 8,60 3 Sep/Sep 3, 2025- idAAA*) 10 Mar/Mar 10, 2024- idAAA*) (Persero)
10 Mar/Mar 10, 2028 10 Mar/Mar 10, 2028
PT Kereta Api Indonesia PT Kereta Api Indonesia
(Persero) 6,70 - 8,25 13 Des/Dec 13, 2026- idAAA*) 21 Nov/Nov 21, 2024- idAAA*) (Persero)
19 Nov/Nov 19, 2029 5 Ags/Aug 5, 2029
PT Bank Mandiri PT Bank Mandiri
(Persero) Tbk 5,80 - 8,65 12 Mei/May 12, 2025- idAAA*) 15 Jun/Jun 15, 2024- idAAA*) (Persero) Tbk
4 Jul/Jul 4, 2028 4 Jul/Jul 4, 2028
PT Mandiri Tunas PT Mandiri Tunas
Finance 5,90 - 9,50 23 Feb/Feb 23, 2025- idAAA*) 26 Jul/Jul 26, 2024- idAAA*) Finance
-19 Nov/Nov 19, 2029 27 Sep/Sep 27, 2028
*) 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
152
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
Tingkat Bunga 31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 6,35 - 6,85 21 Jun/Jun 21, 2025- idAAA*) 21 Jun/Jun 21, 2025- idAAA*) (Persero) Tbk
21 Jun/Jun 21, 2027 21 Jun/Jun 21, 2027
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 5,50 - 10,50 24 Mei/May 24, 2025- AA+***) 28 Jun/Jun 28, 2024- AA+***) (Persero) Tbk
13 Jul/Jul 13, 2027 13 Jul/Jul 13, 2027
PT Waskita Karya PT Waskita Karya
(Persero) Tbk 5,50 - 10,50 24 Mei/May 24, 2025- AA+***) 28 Jun/Jun 28, 2024- AA+***) (Persero) Tbk
13 Jul/Jul 13, 2027 13 Jul/Jul 13, 2027
Lainnya 2,00 - 11,00 14 Feb /Feb 14, 2025- AA*) 9 Jan/Jan 9, 2024- AA*) Others
23 Jun/Jun 23, 2045 -AAA*) 23 Jun/Jun 23, 2045 -AAA*)
Mata uang asing Foreign Currency
PT Indonesia Asahan PT Indonesia Asahan
Aluminium Aluminium
(Persero) Tbk 4,75 - 6,53 15 Mei/May 15, 2025- 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) 3,00 - 5,45 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) 1,40 - 5,15 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 2,00 - 5,50 13 Mei/May 13, 2025- BBB***) 13 Mei/May 13, 2025- BBB***) (Persero) Tbk
19 Apr/Apr 19, 2026 19 Apr/Apr 19, 2026
PT Pelabuhan Indonesia PT Pelabuhan Indonesia
II (Persero) 4,25 5 Mei/May 5, 2025 BBB***) 5 Mei/May 5, 2025 BBB***) II (Persero)
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 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 Hutama Karya PT Hutama Karya
(Persero) Tbk 3,75 11 Mei/May 11, 2030 BBB***) 11 Mei/May 11, 2030 BBB-***) (Persero) 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 Fitch Ratings
***) Berdasarkan peringkat yang diterbitkan oleh Fitch Ratings
153
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar melalui laba rugi Fair value through profit or loss
Pihak ketiga Third parties
Rupiah Rupiah
PNM Dana Tunai 1.608.837 982.347 PNM Dana Tunai
BRI Seruni Pasar Uang III 834.680 519.367 BRI Seruni Pasar Uang III
BRI Gamastep Pasar Uang 623.119 - BRI Gamastep Pasar Uang
BRI Seruni Pasar Uang II BRI Seruni Pasar Uang II
Kelas B 559.868 800.539 Kelas B
BRI Gebyar Dana Likuid 550.322 651.770 BRI Gebyar Dana Likuid
PNM Arafah 541.101 - PNM Arafah
Trim Kas 2 Kelas A 481.761 - Trim Kas 2 Kelas A
Syailendra Dana Kas 378.166 - Syailendra Dana Kas
Bahana Likuid Plus 350.600 813.673 Bahana Likuid Plus
Bahana Likuid Syariah Kelas S 299.152 150.558 Bahana Likuid Syariah Kelas S
Lainnya 1.410.435 2.037.273 Others
7.638.041 5.955.527
Dolar Amerika Serikat United States Dollar
Schroder USD Bond Fund 9.567 9.106 Schroder USD Bond Fund
9.567 9.106
7.647.608 5.964.633
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 1.012.153 1.009.562 Fund 45
Manulife Proteksi Manulife Proteksi
Dana Utama II 763.282 761.147 Dana Utama II
Manulife Proteksi Manulife Proteksi
Dana Utama III 762.248 758.439 Dana Utama III
BNI-AM Proteksi Asoka 761.431 759.176 BNI-AM Proteksi Asoka
Manulife Proteksi Manulife Proteksi
Dana Utama V 759.360 758.712 Dana Utama V
Danareksa Proteksi 85 758.844 756.631 Danareksa Proteksi 85
Trimegah Terproteksi 21 755.831 752.920 Trimegah Terproteksi 21
Bahana Himaya Syariah II 615.204 610.682 Bahana Himaya Syariah II
Danareksa Proteksi 84 607.391 604.449 Danareksa Proteksi 84
Trimegah Terproteksi 23 586.462 583.053 Trimegah Terproteksi 23
Lainnya 6.873.629 5.826.182 Others
14.255.835 13.180.953
Dolar Amerika Serikat United States Dollar
Manulife USD Proteksi Brilian 816.821 780.166 Manulife USD Proteksi Brilian
816.821 780.166
15.072.656 13.961.119
Total 22.720.264 19.925.752 Total
154
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
Tingkat Fair value/ Carrying Value
Bunga per
Tahun (%)/ Tanggal 31 Desember/ 31 Desember/
Nilai Nominal/ Annual Interest Jatuh Tempo/ December 31, December 31,
Nominal Value Rate (%) Maturity Date 2024 2023
Nilai wajar melalui Fair value through
penghasilan other compehensive
komprehensif lain income
Pihak ketiga Third parties
Mata Uang Asing Foreign Currency
Central Bank Of Central Bank Of
China China
112121302811N 100 1,09 10 Jan/Jan 10, 2024 - 50.350 112121302811N
113123100711N 130 0,83 7 Jan/Jan 7, 2025 63.820 - 113123100711N
63.820 50.350
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
PT Bank Negara Indonesia PT Bank Negara
(Persero) Tbk Indonesia (Persero) Tbk
Tahun 2023 Year 2023
Tahap I Seri C 90.000 6,53 21 Okt/Oct 21, 2024 - 85.250 Phase I Series C
- 85.250
Total 63.820 135.600 Total
c.5. Obligasi Subordinasi c.5. Subordinated Bonds
Nilai Wajar/Nilai Tercatat
Fair Value/Carrying Value
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar melalui laba rugi Fair value through profit or loss
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Central Asia Tbk PT Bank Central Asia Tbk
Berkelanjutan I Tahap I Berkelanjutan I Phase I
Tahun 2018 Seri B - 15.783 Year 2018 Series B
- 15.783
Informasi mengenai tingkat suku bunga Information regarding interest rates and
dan tanggal jatuh tempo adalah sebagai maturity date as follows:
berikut:
Peringkat/ Rating*)
Tingkat Bunga Per
Tahun (%)/ Tanggal 31 Desember/ 31 Desember /
Annual Interest Jatuh Tempo/ December 31, December 31,
Rate (%) Maturity Date 2024 2023
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Central Asia Tbk PT Bank Central Asia Tbk
Berkelanjutan I Tahap I Berkelanjutan I Phase I
Tahun 2018 Seri B 8,00 5 Jul/ Jul 5, 2030 - idAA Year 2018 Series B
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia *) Based on the rating published by PT Pemeringkat Efek Indonesia (Pefindo)
(Pefindo)
155
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.6. Medium-Term Note (MTN) c.6. Medium-Term Note (MTN)
Nilai wajar/ Nilai tercatat
Tingkat Fair value/ Carrying Value
Bunga per
Tahun (%)/ Tanggal 31 Desember/ 31 Desember/
Nilai Nominal/ Annual Interest Jatuh Tempo/ December 31, December 31,
Nominal Value Rate (%) Maturity Date 2024 2023
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 150.892 153.503 Year 2022*)
Perum Perumnas Perum Perumnas
Tahap III Tahun Phase III Year
2018 Seri B*) 65.000 11,85 10 Des/ Dec 10, 2026 60.135 62.520 2018 Series B*)
211.027 216.023
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 11,00 26 Jun/ Jun 26, 2027 9.250 10.000 VIII Series A*)
VIII Seri B*) 1.000 11,00 31 Okt/ Oct 31, 2027 925 1.000 VIII Series B*)
10.175 11.000
Total 221.202 227.023 Total
d) BRI mengakui (kerugian) dan keuntungan d) BRI recognized net unrealized (loss) and gain
yang 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 (Rp202,928) and
(Rp202.928 ) dan Rp214.435 masing-masing Rp214,435 for the year ended December 31,
untuk tahun yang berakhir pada tanggal-tanggal 2024 and 2023, respectively which are
31 Desember 2024 dan 2023, yang dilaporkan presented in the “unrealized gain or loss on
dalam akun “keuntungan atau kerugian yang changes in fair value of securities” in the
belum direalisasi dari perubahan nilai wajar consolidated statement of profit or loss and other
efek-efek” di laporan laba rugi dan penghasilan comprehensive income.
komprehensif lain konsolidasian.
e) BRI mengakui keuntungan neto atas penjualan e) BRI recognized net gain on sale of securities
efek-efek sebesar Rp2.209.474 dan amounting to Rp2,209,474 and Rp1,898,653 for
Rp1.898.653 masing-masing untuk tahun yang the year ended December 31, 2024 and 2023,
berakhir pada tanggal-tanggal 31 Desember respectively which are presented in the “gain on
2024 dan 2023, 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 Rp26.373.000 dan f) Securities with nominal Rp26,373,000 and
Rp20.563.516 masing-masing pada tanggal- Rp20,563,516 as of December 31, 2024 and
tanggal 31 Desember 2024 dan 2023, telah 2023, respectively were sold under agreement to
dijual dengan janji dibeli kembali (Catatan 23). repurchase (Note 23).
156
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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:
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
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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - 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
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
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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - 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
157
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31, 2023
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 150.802.567 - - 150.802.567 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 15.393.453 - - 15.393.453 carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 9.682.747 - - 9.682.747 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (12.201.857) - - (12.201.857) assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (337.745) - - (337.745) and other changes
Carrying value ending
Nilai tercatat akhir 163.339.165 - - 163.339.165 balance
31 Desember/ December 31, 2023
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 158.406.378 - - 158.406.378 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 (2.313.221) - - (2.313.221) carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 2.247.397 - - 2.247.397 or purchased
Aset keuangan yang dihentikan Derecognized financial
pengakuannya (12.867.437) - - (12.867.437) assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (114.149) - - (114.149) and other changes
Carrying value ending
Nilai tercatat akhir 145.358.968 - - 145.358.968 balance
158
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - 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.
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
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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - 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
159
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2023
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 141.559 - - 141.559 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 (2.464) - - (2.464) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 12.050 - - 12.050 or purchased
Aset keuangan yang dihentikan
pengakuannya (18.764) - - (18.764) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (4.151) - - (4.151) and other changes
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian akhir*) 128.230 - - 128.230 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
melalui penghasilan komprehensif lain dicatat pada penghasilan komprehensif through other comprehensive income is recorded in other comprehensive
lain sehingga nilai tercatatnya disajikan sebesar nilai wajarnya. income therefore the carrying value is stated at fair value.
31 Desember/ December 31, 2023
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 82.835 - - 82.835 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 (5.757) - - (5.757) allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 3.365 - - 3.365 or purchased
Aset keuangan yang dihentikan
pengakuannya (7.235) - - (7.235) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 8.302 - - 8.302 and other changes
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian akhir 81.510 - - 81.510 loss ending balance
160
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. EFEK-EFEK (lanjutan) 7. SECURITIES (continued)
Manajemen berpendapat bahwa jumlah cadangan Management believes that the allowance for
kerugian penurunan nilai pada tanggal impairment losses as of December 31, 2024 and
31 Desember 2024 dan 2023 telah memadai. 2023 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/December 31, 2024 31 Desember/December 31, 2023*)
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 8.051.372 6.366.822 Notes Receivables
Surat Kredit Berdokumen Domestic Documentary
Dalam Negeri (SKBDN) 5.045.903 5.225.499 Letter of Credit (SKBDN)
Wesel Ekspor 2.660.935 948.474 Export Bills
Tagihan Lainnya 601.631 587.623 Other Bills
16.359.841 13.128.418
Mata uang asing Foreign currency
Surat Kredit Berdokumen Domestic Documentary
Dalam Negeri (SKBDN) Letter of Credit (SKBDN)
Dolar Amerika Serikat 345.964 5.568 1.920.785 29.574 United States Dollar
Wesel Ekspor Export Bills
Dolar Amerika Serikat 503.415.272 8.102.469 569.043.299 8.761.560 United States Dollar
Renminbi 268.865.176 592.845 347.287.381 753.635 Renminbi
8.695.314 9.515.195
Wesel Tagih Notes Receivables
Dolar Amerika Serikat 682.485.573 10.984.605 1.671.338.459 25.733.598 United States Dollar
Renminbi 16.298.725 35.939 4.837.899 10.499 Renminbi
Euro Eropa 515.465 8.638 2.643.272 45.037 European Euro
Dolar Singapura 267.763 3.172 - Singaporean Dollar
Yen Jepang 8.845.896 911 5.707.955 621 Japanese Yen
11.033.265 25.789.755
Tagihan Lainnya Other Bills
Dolar Amerika Serikat 36.124.548 581.425 38.242.036 588.813 United States Dollar
Renminbi 43.508.257 95.935 14.353.420 31.148 Renminbi
Yen Jepang 50.449.826 5.198 64.121.200 6.981 Japanese Yen
Euro Eropa 996.139 16.693 68.625 1.169 European Euro
Pound Sterling Inggris 27.500 556 - - Great Britain Pound Sterling
699.807 628.111
20.433.954 35.962.635
36.793.795 49.091.053
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Wesel Tagih 2.101.883 2.909.367 Notes Receivables
Surat Kredit Berdokumen Domestic Documentary
Dalam Negeri (SKBDN) 1.033.077 359.966 Letter of Credit (SKBDN)
Wesel Ekspor 38.196 38.666 Export Bills
Tagihan Lainnya 45.142 340.411 Other Bills
3.218.298 3.648.410
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (Note 52)
161
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2024 31 Desember/December 31, 2023*)
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 Foreign currency
Wesel Tagih Notes Receivables
Dolar Amerika Serikat 13.629.896 219.373 69.242.781 1.066.131 United States Dollar
Pound Sterling Inggris - - 4.541 89 Great Britain Pound Sterling
Wesel Ekspor Export Bills
Dolar Amerika Serikat 54.272 874 96.636 1.488 United States Dollar
220.247 1.067.708
Tagihan Lainnya Other Bills
Dolar Amerika Serikat 24.597.623 395.899 14.993.050 230.848 United States Dollar
Yen Jepang 252.855.428 26.052 62.880.000 6.846 Japanese Yen
Euro Eropa 151.045 2.531 5.002.350 85.232 European Euro
424.482 322.926
644.729 1.390.634
3.863.027 5.039.044
Total 40.656.822 54.130.097 Total
Cadangan kerugian Allowance for impairment
penurunan nilai (1.075.559) (2.323.916) losses
Total - Neto 39.581.263 51.806.181 Total - Net
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (Note 52)
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
1 bulan 8.678.038 27.085.977 1 month
> 1 bulan - 3 bulan 14.272.657 15.250.996 > 1 month - 3 months
> 3 bulan - 1 tahun 13.843.100 6.754.080 > 3 months - 1 year
36.793.795 49.091.053
Pihak berelasi (Catatan 44) Related parties (Note 44)
1 bulan 1.708.996 2.221.008 1 month
> 1 bulan - 3 bulan 1.474.739 798.625 > 1 month - 3 months
> 3 bulan - 1 tahun 679.292 2.019.411 > 3 months - 1 year
3.863.027 5.039.044
40.656.822 54.130.097
Cadangan kerugian Allowance for impairment
penurunan nilai (1.075.559) (2.323.916) losses
Total - Neto 39.581.263 51.806.181 Total - Net
162
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Wesel Ekspor dan Tagihan Lainnya Export Bills and Other 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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
31 Desember/ December 31, 2023
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
Wesel Ekspor dan Tagihan Lainnya Export Bills and Other Receivables
Carrying value beginning
Nilai tercatat awal 38.423.427 690.988 - 39.114.415 balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 (945.043) 945.043 - - 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 43.573.256 1.074.429 - 44.647.685 or purchased
Aset keuangan yang dihentikan
pengakuannya (28.406.723) (1.197.707) - (29.604.430) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (27.522) (51) - (27.573) and other changes
Carrying value ending
Nilai tercatat akhir 52.617.395 1.512.702 - 54.130.097 balance
163
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Wesel Ekspor dan Tagihan Lainnya Export Bills and Other 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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
31 Desember/ December 31, 2023
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
Wesel Ekspor dan Export Bills and
Tagihan Lainnya Other Receivables
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 1.108.792 530.137 - 1.638.929 loss beginning balance
Pengalihan ke Transition to
Stage 1 - - - - Stage 1
Stage 2 (58.346) 58.346 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian - 734.771 - 734.771 allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 1.067.552 463.664 - 1.531.216 or purchased
Aset keuangan yang dihentikan
pengakuannya (1.050.447) (530.546) - (1.580.993) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 1 (8) - (7) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 1.067.552 1.256.364 - 2.323.916 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 2024 dan receivables as of December 31, 2024 and 2023 are
2023 telah memadai. adequate.
164
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 December 31, 2024 and 2023 consist of:
terdiri dari:
31 Desember/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 FR0095
FR0056 6,45% 23 Des/ Dec 23, 2024 6 Jan/ Jan 6, 2025 99.445 99.606 FR0095
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
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
Internasional Tbk Internasional 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
165
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 December 31, 2024 and 2023 consist of (continued):
terdiri dari (lanjutan):
31 Desember/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 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
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
166
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 December 31, 2024 and 2023 consist of (continued):
terdiri dari (lanjutan):
31 Desember/December 31, 2023
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
VR0054 6,00% 28 Des/ Dec 28, 2023 04 Jan/ Jan 04, 2024 9.546.172 9.552.536 VR0054
VR0036 6,16% 04 Okt/ Oct 04, 2023 03 Jan/ Jan 03, 2024 2.876.476 2.920.281 VR0036
VR0052 6,16% 11 Okt/ Oct 11, 2023 10 Jan/ Jan 10, 2024 1.925.750 1.952.770 VR0052
VR0064 6,43% 15 Nov/ Nov 15, 2023 15 Feb/ Feb 15, 2024 1.920.082 1.936.200 VR0064
VR0044 6,46% 29 Nov/ Nov 29, 2023 28 Feb/ Feb 28, 2024 1.920.096 1.931.466 VR0044
VR0056 6,16% 18 Okt/ Oct 18, 2023 17 Jan/ Jan 17, 2024 480.157 486.319 VR0056
VR0082 6,40% 04 Agu/ Aug 04, 2023 03 Mei/ May 03, 2024 144.282 148.130 VR0082
VR0094 6,67% 13 Jan/ Jan 13, 2023 12 Jan/ Jan 12, 2024 92.694 98.757 VR0094
VR0061 6,50% 28 Apr/ Apr 28, 2023 26 Jan/ Jan 26, 2024 93.600 97.791 VR0061
VR0049 6,45% 09 Jun/ Jun 09, 2023 08 Mar/ Mar 08, 2024 93.476 96.926 VR0049
VR0037 6,41% 16 Jun/ Jun 16, 2023 14 Jun/ Jun 14, 2024 93.069 96.367 VR0037
PT Bank OCBC NISP Tbk PT Bank OCBC NISP Tbk
Obligasi Pemerintah Government Bonds
FR0070 5,85% 29 Des/ Dec 29, 2023 02 Jan/ Jan 02, 2024 2.016.348 2.017.331 FR0070
FR0077 5,85% 29 Des/ Dec 29, 2023 02 Jan/ Jan 02, 2024 996.165 996.651 FR0077
PT Bank UOB Indonesia PT Bank UOB Indonesia
Obligasi Pemerintah Government Bonds
IDSR041224364S 6,50% 22 Des/ Dec 22, 2023 05 Jan/ Jan 05, 2024 1.405.969 1.408.508 IDSR041224364S
FR0095 6,70% 20 Des/ Dec 20, 2023 19 Jan/ Jan 19, 2024 483.251 484.330 FR0095
IDSR131124364S 6,27% 28 Des/ Dec 28, 2023 04 Jan/ Jan 04, 2024 94.173 94.239 IDSR131124364S
PT Bank Central Asia Tbk PT Bank Central Asia Tbk
Obligasi Pemerintah Government Bonds
FR0095 5,85% 29 Des/ Dec 29, 2023 02 Jan/ Jan 02, 2024 972.060 972.534 FR0095
PT BPD Jawa Barat dan PT BPD Jawa Barat dan
Banten Tbk Banten Tbk
Obligasi Pemerintah Government Bonds
FR0086 6,20% 28 Des/ Dec 28, 2023 03 Jan/ Jan 03, 2024 942.176 942.825 FR0086
FR0090 6,20% 28 Des/ Dec 28, 2023 03 Jan/ Jan 03, 2024 924.632 925.269 FR0090
FR0065 6,20% 28 Des/ Dec 28, 2023 03 Jan/ Jan 03, 2024 467.930 468.252 FR0065
FR0091 6,20% 28 Des/ Dec 28, 2023 03 Jan/ Jan 03, 2024 463.996 464.315 FR0091
PT Bank Mega Tbk PT Bank Mega Tbk
Obligasi Pemerintah Government Bonds
FR0086 6,20% 28 Des/ Dec 28, 2023 02 Jan/ Jan 02, 2024 942.176 942.825 FR0086
PT BPD Jawa Timur PT BPD Jawa Timur
Obligasi Pemerintah Government Bonds
FR0090 6,30% 22 Des/ Dec 22, 2023 02 Jan/ Jan 02, 2024 739.365 740.659 FR0090
FR0081 6,50% 21 Des/ Dec 21, 2023 04 Jan/ Jan 04, 2024 570.879 572.013 FR0081
FR0086 6,30% 22 Des/ Dec 22, 2023 02 Jan/ Jan 02, 2024 188.444 188.774 FR0086
PT Bank Pan PT Bank Pan
Indonesia Tbk Indonesia Tbk
Obligasi Pemerintah Government Bonds
FR0087 6,70% 20 Des/ Dec 20, 2023 19 Jan/ Jan 19, 2024 470.212 471.262 FR0087
FR0086 6,67% 13 Des/ Dec 13, 2023 12 Jan/ Jan 12, 2024 469.383 471.035 FR0086
PT Bank Permata Tbk PT Bank Permata Tbk
Obligasi Pemerintah Government Bonds
FR0090 6,15% 28 Des/ Dec 28, 2023 02 Jan/ Jan 02, 2024 462.316 462.632 FR0090
PT Bank DKI PT Bank DKI
Obligasi Pemerintah Government Bonds
FR0095 6,15% 28 Des/ Dec 28, 2023 02 Jan/ Jan 02, 2024 291.517 291.716 FR0095
FR0091 6,53% 21 Des/ Dec 21, 2023 04 Jan/ Jan 04, 2024 277.645 278.199 FR0091
FR0088 6,20% 28 Des/ Dec 28, 2023 03 Jan/ Jan 03, 2024 272.478 272.666 FR0088
FR0095 6,15% 28 Des/ Dec 28, 2023 02 Jan/ Jan 02, 2024 194.345 194.477 FR0095
FR0091 6,53% 21 Des/ Dec 21, 2023 04 Jan/ Jan 04, 2024 92.548 92.733 FR0091
FR0090 6,20% 28 Des/ Dec 28, 2023 03 Jan/ Jan 03, 2024 92.463 92.527 FR0090
FR0088 6,20% 28 Des/ Dec 28, 2023 03 Jan/ Jan 03, 2024 90.826 90.889 FR0088
PT BPD Sumatera PT BPD Sumatera
Selatan dan Bangka Selatan dan Bangka
Belitung Belitung
Obligasi Pemerintah Government Bonds
FR0096 6,27% 28 Des/ Dec 28, 2023 04 Jan/ Jan 04, 2024 246.560 246.732 FR0096
167
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 December 31, 2024 and 2023 consist of (continued):
terdiri dari (lanjutan):
31 Desember/December 31, 2023
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 China PT Bank China
Construction Bank Construction Bank
Indonesia Tbk Indonesia Tbk
Obligasi Pemerintah Government Bonds
IDSR081124364S 6,70% 20 Des/ Dec 20, 2023 19 Jan/ Jan 19, 2024 94.085 94.295 IDSR081124364S
Total 33.447.796 33.595.231 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 2024 dan 2023, 31, 2024 and 2023, because management believes
karena Manajemen berkeyakinan bahwa efek-efek that marketable securities purchased under
yang dibeli dengan janji dijual kembali dapat ditagih. agreement to resell are collectible.
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 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
31 Desember 2023/December 31, 2023
Tagihan derivatif/ Liabilitas derivatif/
Derivative Derivative
Transaksi receivables payables Transaction
Swap suku bunga 381.607 369.374 Interest rate swap
Pembelian dan penjualan forward Purchase and sale of foreign
mata uang asing 284.050 108.496 currency forward
Swap mata uang asing 223.308 403.003 Foreign currency swap
Swap mata uang dan suku bunga 18.045 37.444 Foreign currency and interest rate swap
Pembelian dan penjualan spot Purchase and sale of foreign
mata uang asing 4.673 6.893 currency spot
Total 911.683 925.210 Total
168
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
Swap mata uang dan suku bunga Foreign currency and interest rate swap
Rupiah 1.769.657 1.596.707 Rupiah
Dolar Amerika Serikat 29.805.814 38.849.458 United States Dollar
Swap suku bunga Interest rate swap
Dolar Amerika Serikat 757.044.325 836.544.325 United States Dollar
Option mata uang Currency option
Kontrak penjualan Sales contract
Dolar Amerika Serikat 103.242.720 70.337.283 United States Dollar
Spot mata uang asing Foreign currency spot
Kontrak pembelian Purchase contract
Dolar Amerika Serikat 171.173.000 134.500.000 United States Dollar
Euro Eropa - 23.500.000 European Euro
Pound Sterling Inggris - 20.000.000 Great Britain Pound Sterling
Dolar Australia - 6.000.000 Australian Dollar
Kontrak penjualan Sales contract
Dolar Amerika Serikat 152.000.000 103.000.000 United States Dollar
Euro Eropa - 14.500.000 European Euro
Pound Sterling Inggris - 16.000.000 Great Britain Pound Sterling
Dolar Australia - 2.000.000 Australian Dollar
Renminbi - 34.380.488 Renminbi
Forward mata uang asing Foreign currency forward
Kontrak pembelian Purchase contract
Dolar Amerika Serikat 1.241.732.627 483.866.974 United States Dollar
Euro Eropa 20.460.608 15.268.092 European Euro
Renminbi 7.342.495 19.250.000 Renminbi
Yen Jepang 1.054.088.247 2.157.313.167 Japanese Yen
Kontrak penjualan Sales contract
Dolar Amerika Serikat 2.778.990.927 2.003.452.579 United States Dollar
Yen Jepang 1.500.000.000 - Japanese Yen
Euro Eropa 30.000.000 1.683.154 European Euro
Dolar Australia 9.774.858 10.004.640 Australian Dollar
Pound Sterling Inggris 25.000.000 - Great Britain Pound Sterling
Dolar Singapura 70.000.000 - Singaporean Dollar
Swap mata uang asing Foreign currency swap
Kontrak pembelian Purchase contract
Dolar Amerika Serikat 2.115.691.546 883.785.000 United States Dollar
Euro Eropa 50.000.000 21.700.000 European Euro
Kontrak penjualan Sales contract
Dolar Amerika Serikat 2.712.004.437 1.666.985.952 United States Dollar
Euro Eropa 100.000.000 136.500.000 European Euro
Dolar New Zealand 15.000.000 15.000.000 New Zealand Dollar
Pound Sterling Inggris - 30.400.000 Great Britain Pound Sterling
Renminbi - 16.500.000 Renminbi
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.
169
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
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 2024/ 31 Desember 2023*)/
December 31, 2024 December 31, 2023*)
Pihak ketiga Third parties
Rupiah Rupiah
Modal kerja 691.046.152 678.877.181 Working Capital
Konsumsi 325.971.783 291.855.160 Consumer
Investasi 86.026.768 79.098.358 Investment
Cash Collateral 159.681 120.980 Cash Collateral
1.103.204.384 1.049.951.679
Mata uang asing Foreign currency
Investasi 59.129.607 44.742.075 Investment
Modal kerja 45.850.048 31.732.405 Working Capital
Konsumsi 1.010.998 1.248.783 Consumer
105.990.653 77.723.263
1.209.195.037 1.127.674.942
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Modal kerja 25.858.983 23.820.591 Working Capital
Investasi 28.686.394 31.070.461 Investment
Konsumsi 209.229 202.992 Consumer
54.754.606 55.094.044
Mata uang asing Foreign currency
Modal kerja 7.994.913 8.971.178 Working Capital
Investasi 26.373.533 20.837.922 Investment
34.368.446 29.809.100
89.123.052 84.903.144
Total 1.298.318.089 1.212.578.086 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (76.902.889) (81.924.402) impairment losses
Bersih 1.221.415.200 1.130.653.684 Net
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (Note 52)
170
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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: 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 (continued):
(lanjutan):
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 1.157.958.990 1.105.045.723 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 8.720.657.328 140.358.980 6.983.904.314 107.531.174 United States Dollar
Dolar Singapura 10.000 119 9.992 117 Singaporean Dollar
Euro Eropa - 62.891 1.072 European Euro
140.359.099 107.532.363
Total 1.298.318.089 1.212.578.086 Total
Dikurangi cadangan Less Allowance for
kerugian penurunan nilai (76.902.889) (81.924.402) impairment losses
Neto 1.221.415.200 1.130.653.684 Net
b) Berdasarkan Sektor Ekonomi: b) By Economic Sector:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
Perdagangan, perhotelan dan Trading, hotels
restoran 394.832.978 390.193.667 and restaurants
Pertanian 196.879.241 169.053.559 Agriculture
Jasa dunia usaha 74.661.396 62.870.758 Business services
Perindustrian 69.709.337 68.612.355 Manufacturing
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 20.898.887 18.936.131 and communications
Konstruksi 14.512.977 13.300.305 Construction
Pertambangan 14.307.696 12.039.085 Mining
Jasa pelayanan sosial 7.012.170 6.492.786 Social services
Listrik, gas dan air 2.042.417 1.829.849 Electricity, gas and water
Lain-lain 308.347.285 306.623.184 Others
1.103.204.384 1.049.951.679
Mata uang asing Foreign currency
Perindustrian 36.463.367 28.886.861 Manufacturing
Pertambangan 15.399.907 14.752.783 Mining
Pertanian 11.602.690 10.209.149 Agriculture
Jasa dunia usaha 11.042.966 5.799.296 Business services
Listrik, gas dan air 10.083.211 6.370.143 Electricity, gas and water
Perdagangan, perhotelan dan Trading, hotels
restoran 9.934.038 5.716.008 and restaurants
Jasa pelayanan sosial 6.248.959 240 Social services
Konstruksi 3.864.496 3.433.167 Construction
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 299.529 1.206.063 and communications
Lain-lain 1.051.490 1.349.553 Others
105.990.653 77.723.263
1.209.195.037 1.127.674.942
171
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Konstruksi 16.320.018 16.367.343 Construction
Perdagangan, perhotelan dan Trading, hotels
restoran 10.356.610 8.689.374 and restaurant
Pertanian 7.515.932 8.216.632 Agriculture
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 7.371.946 6.828.107 and communications
Listrik, gas dan air 6.752.467 8.912.516 Electricity, gas and water
Perindustrian 3.409.824 3.375.970 Manufacturing
Jasa dunia usaha 2.508.888 1.692.748 Business services
Pertambangan 307.804 306.903 Mining
Jasa pelayanan sosial - 500.000 Social services
Lain-lain 211.117 204.451 Others
54.754.606 55.094.044
Mata uang asing Foreign currency
Listrik, gas dan air 17.602.619 13.309.461 Electricity, gas and water
Pertambangan 6.476.830 4.742.605 Mining
Perindustrian 3.236.084 3.462.758 Manufacturing
Jasa dunia usaha 2.784.653 2.668.734 Business services
Perdagangan, perhotelan Trading, hotels
dan restoran 2.320.284 2.241.043 and restaurant
Konstruksi 1.947.976 1.714.947 Construction
Jasa pelayanan sosial - 1.207.001 Social services
Pertanian - 462.551 Agriculture
34.368.446 29.809.100
89.123.052 84.903.144
Total 1.298.318.089 1.212.578.086 Total
Dikurangi cadangan kerugian Less Allowance for
penurunan nilai (76.902.889) (81.924.402) impairment losses
Neto 1.221.415.200 1.130.653.684 Net
172
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
1 bulan 32.837.937 26.958.759 1 month
> 1 bulan - 3 bulan 46.825.277 45.113.552 > 1 month - 3 months
> 3 bulan - 1 tahun 252.440.469 230.964.034 > 3 months - 1 year
> 1 tahun - 2 tahun 138.280.655 137.655.727 > 1 year - 2 years
> 2 tahun - 5 tahun 376.837.492 371.139.610 > 2 years - 5 years
> 5 tahun 255.982.554 238.119.997 > 5 years
1.103.204.384 1.049.951.679
Mata uang asing Foreign currency
1 bulan 5.781.294 1.427.420 1 month
> 1 bulan - 3 bulan 8.032.817 2.596.463 > 1 month - 3 months
> 3 bulan - 1 tahun 26.314.688 17.663.540 > 3 months - 1 year
> 1 tahun - 2 tahun 7.600.206 10.900.453 > 1 year - 2 years
> 2 tahun - 5 tahun 29.935.619 26.149.804 > 2 years - 5 years
> 5 tahun 28.326.029 18.985.583 > 5 years
105.990.653 77.723.263
1.209.195.037 1.127.674.942
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
1 bulan 1.961.564 1.072.046 1 month
> 1 bulan - 3 bulan 634.479 2.619.116 > 1 month - 3 months
> 3 bulan - 1 tahun 12.560.025 12.705.426 > 3 months - 1 year
> 1 tahun - 2 tahun 5.263.222 1.864.276 > 1 year - 2 years
> 2 tahun - 5 tahun 7.419.907 11.642.271 > 2 years - 5 years
> 5 tahun 26.915.409 25.190.909 > 5 years
54.754.606 55.094.044
Mata uang asing Foreign currency
1 bulan 66.844 865.716 1 month
> 1 bulan - 3 bulan 1.448.550 772.182 > 1 month - 3 months
> 3 bulan - 1 tahun 4.941.385 793.474 > 3 months - 1 year
> 1 tahun - 2 tahun 2.033.142 3.731.900 > 1 year - 2 years
> 2 tahun - 5 tahun 13.515.139 11.214.187 > 2 years - 5 years
> 5 tahun 12.363.386 12.431.641 > 5 years
34.368.446 29.809.100
89.123.052 84.903.144
Total 1.298.318.089 1.212.578.086 Total
Dikurangi cadangan kerugian Less Allowance for
penurunan nilai (76.902.889) (81.924.402) impairment losses
Neto 1.221.415.200 1.130.653.684 Net
173
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
31 Desember/December 31, 2023
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 900.333.374 163.995.222 29.948.951 1.094.277.547 balance
Pengalihan ke Transition to
Stage 1 21.065.003 (20.839.061) (225.942) - Stage 1
Stage 2 (34.745.680) 36.471.047 (1.725.367) - Stage 2
Stage 3 (10.294.474) (16.298.632) 26.593.106 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (97.384.539) (15.571.276) 617.847 (112.337.968) carrying value
Aset keuangan baru yang New financial assets issued
diterbitkan atau dibeli 535.052.995 13.237.158 3.286.027 551.576.180 or purchased
Aset keuangan yang dihentikan
pengakuannya (240.253.040) (42.711.511) (2.529.550) (285.494.101) Derecognized financial assets
Penghapusbukuan (4.529.486) (11.339.217) (18.874.326) (34.743.029) Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial assets
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (562.369) (94.062) (44.112) (700.543) and other changes
Carrying value ending
Nilai tercatat akhir 1.068.681.784 106.849.668 37.046.634 1.212.578.086 balance
174
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
31 Desember/December 31, 2023
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 26.380.287 42.459.788 21.871.373 90.711.448 loss beginning balance
Pengalihan ke Transition to
Stage 1 2.461.263 (2.301.687) (159.576) - Stage 1
Stage 2 (1.178.072) 2.376.372 (1.198.300) - Stage 2
Stage 3 (404.474) (3.089.295) 3.493.769 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (4.036.729) 13.122.408 21.097.156 30.182.835 allowance for losses
Aset keuangan baru yang New financial assets issued
diterbitkan atau dibeli 11.273.906 3.223.226 2.347.339 16.844.471 or purchased
Aset keuangan yang dihentikan
pengakuannya (7.363.835) (11.233.403) (1.714.411) (20.311.649) Derecognized financial assets
Penghapusbukuan (4.529.486) (11.339.217) (18.874.326) (34.743.029) Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (578.523) (223.964) 42.813 (759.674) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 22.024.337 32.994.228 26.905.837 81.924.402 credit loss ending balance
175
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
BRI (Entitas Induk) 85.373.193 102.508.133 BRI (Parent Entity)
BRI (Entitas Anak) 4.050.098 5.090.631 BRI (Subsidiary)
Total 89.423.291 107.598.764 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.
176
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Rp73,697,390 and Rp69,273,881 as of
Rp73.697.390 dan Rp69.273.881 pada December 31, 2024 and 2023, respectively.
tanggal-tanggal 31 Desember 2024 dan BRI’s participation as leader in the
2023. Keikutsertaan BRI sebagai pimpinan syndicated loans ranged from 3% to 72%
sindikasi berkisar dari 3% sampai dengan and from 5% to 68% as of
72% dan 5% sampai dengan 68% masing- December 31, 2024 and 2023, respectively.
masing pada tanggal 31 Desember 2024 BRI’s participation as a member in the
dan 2023, sedangkan sebagai anggota syndicated loans ranged from 1% to 80%
sindikasi berkisar dari 1% sampai dengan and from 1% to 69% as of December 31,
80% dan 1% sampai dengan 69% dan 2024 and 2023, respectively.
masing-masing pada tanggal 31 Desember
2024 dan 2023.
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 Rp4,747,556 and Rp5,190,672 as of
Lain-lain. Besarnya akun beban yang December 31, 2024 and 2023, respectively
ditangguhkan untuk pinjaman pekerja (Note 17).
sebesar Rp4.747.556 dan Rp5.190.672
masing-masing pada tanggal
31 Desember 2024 dan 2023 (Catatan 17).
8) Berdasarkan Segmen Operasi 8) By Operating Segment
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
Mikro 575.546.128 518.942.156 Micro
Ritel 474.311.856 491.347.824 Retail
Korporasi 53.346.400 39.661.699 Corporate
1.103.204.384 1.049.951.679
Mata uang asing Foreign currency
Korporasi 103.392.347 74.709.799 Corporate
Ritel 2.598.306 3.013.464 Retail
105.990.653 77.723.263
1.209.195.037 1.127.674.942
177
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Korporasi 53.237.066 53.515.606 Corporate
Ritel 1.517.540 1.578.438 Retail
54.754.606 55.094.044
Mata uang asing Foreign currency
Korporasi 34.368.446 29.809.100 Corporate
89.123.052 84.903.144
Total 1.298.318.089 1.212.578.086 Total
Dikurangi cadangan kerugian Less Allowance for
penurunan nilai (76.902.889) (81.924.402) impairment losses
Neto 1.221.415.200 1.130.653.684 Net
Pada tanggal-tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, there are loans
terdapat kredit entitas anak (Pegadaian dan PNM) from a subsidiary (Pegadaian and PNM) used as
digunakan sebagai jaminan atas pinjaman Bank collaterals for bank loans amounted to Rp80,932,893
masing-masing sebesar Rp80.932.893 dan and Rp50,154,478, respectively (Note 25).
Rp50.154.478 (Catatan 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, 2024
tanggal-tanggal 31 Desember 2024 dan 2023 telah and 2023 are adequate.
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 2024/ 31 Desember 2023*)/
December 31, 2024 December 31, 2023*)
Pihak ketiga Third parties
Rupiah Rupiah
1 bulan 195.952 155.642 1 month
> 1 bulan - 3 bulan 836.624 861.480 > 1 month - 3 months
> 3 bulan - 1 tahun 37.260.451 33.652.002 > 3 months - 1 year
> 1 tahun - 2 tahun 6.446.381 6.765.642 > 1 year - 2 years
> 2 tahun - 5 tahun 4.966.088 4.350.957 > 2 years - 5 years
> 5 tahun 183.586 151.973 > 5 years
Total 49.889.082 45.937.696 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (3.995.032) (3.362.178) impairment losses
Neto 45.894.050 42.575.518 Net
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (Note 52)
178
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, new gold
haji, amanah, arrum, arrum emas baru, dan arrum, and rhan tasjily land, while PNM sharia
rhan tasjily tanah, sementara pinjaman syariah loans consist of mekaar sharia and ulamm
PNM terdiri dari mekaar syariah dan ulamm sharia.
syariah.
Perubahan cadangan kerugian pinjaman Movements in the allowance for impairment
syariah: losses on sharia loans:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 3.362.178 2.139.659 Beginning balance
Pembentukan cadangan kerugian Provision of
penurunan nilai (Catatan 34) 2.571.410 1.907.836 impairment losses (Note 34)
Penghapusbukuan tahun berjalan (1.938.556) (685.317) Write off
Saldo akhir 3.995.032 3.362.178 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pegadaian 71.303 234.507 Pegadaian
PNM 3.429.375 3.093.422 PNM
Total 3.500.678 3.327.929 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 2024 dan 2023 telah December 31, 2024 and 2023 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.
Pada tanggal-tanggal 31 Desember 2024 dan 2023, As December 31, 2024, and 2023, there are Sharia
terdapat pinjaman syariah yang digunakan sebagai loans that are used as collateral for bank loans
jaminan atas pinjaman Bank masing-masing amounted to Rp28,410,016 and Rp21,755,099,
sebesar Rp28.410.016 dan Rp21.755.099 respectively, (Note 25).
(Catatan 25).
179
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. PIUTANG SEWA PEMBIAYAAN 13. FINANCE LEASE RECEIVABLES
a) Piutang sewa pembiayaan pada tanggal a) Finance lease receivables as of December 31,
31 Desember 2024 dan 2023 yang terdiri dari: 2024 and 2023, consisting of:
31 Desember 2024/ 31 Desember 2023*)/
December 31, 2024 December 31, 2023*)
Pihak ketiga Third parties
Piutang sewa pembiayaan - bruto 7.798.737 9.855.032 Finance lease receivables - gross
Nilai sisa yang terjamin 1.508.683 1.582.769 Guaranteed residual values
Pendapatan sewa pembiayaan
yang belum diakui (1.407.321) (1.971.918) Unearned finance leases income
Simpanan jaminan (1.508.683) (1.582.769) Security deposit
6.391.416 7.883.114
Pihak berelasi (Catatan 44) Related parties (Note 44)
Piutang sewa pembiayaan - bruto 50.370 37.460 Finance lease receivables - gross
Nilai sisa yang terjamin 12.080 7.427 Guaranteed residual values
Pendapatan sewa pembiayaan
yang belum diakui (8.178) (7.109) Unearned finance leases income
Simpanan jaminan (12.080) (7.427) Security deposit
42.192 30.351
Total 6.433.608 7.913.465 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (165.590) (215.308) impairment losses
Neto 6.268.018 7.698.157 Net
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (Note 52)
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
1 tahun 2.749.428 2.775.368 1 year
> 1 tahun - 2 tahun 1.893.927 3.694.797 > 1 year - 2 years
> 2 tahun - 5 tahun 1.707.198 1.357.057 > 2 years - 5 years
> 5 tahun 34.819 22.257 > 5 years
6.385.372 7.849.479
Dolar Amerika Serikat United States Dollar
1 tahun 6.044 28.304 1 year
> 1 tahun - 2 tahun - 5.331 > 1 year - 2 years
6.044 33.635
6.391.416 7.883.114
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
1 tahun 10.636 5.872 1 year
> 1 tahun - 2 tahun 10.635 12.812 > 1 year - 2 years
> 2 tahun - 5 tahun 20.921 11.667 > 2 years - 5 years
42.192 30.351
Total 6.433.608 7.913.465 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (165.590) (215.308) impairment losses
Neto 6.268.018 7.698.157 Net
180
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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:
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
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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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/December 31, 2023
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 6.520.345 44.947 134.232 6.699.524 balance
Pengalihan ke Transition to
Stage 1 11.487 (4.720) (6.767) - Stage 1
Stage 2 (154.348) 170.891 (16.543) - Stage 2
Stage 3 (77.645) (9.475) 87.120 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat - - - - carrying value
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 3.869.038 27.258 29.929 3.926.225 or purchased
Aset keuangan yang dihentikan
pengakuannya (2.520.908) (36.537) (31.006) (2.588.451) Derecognized financial assets
Penghapusbukuan (57.431) (13.291) (53.111) (123.833) Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - 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 7.590.538 179.073 143.854 7.913.465 balance
181
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
31 Desember/December 31, 2023
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 91.834 32.200 112.840 236.874 loss beginning balance
Pengalihan ke Transition to
Stage 1 5.386 (644) (4.742) - Stage 1
Stage 2 (33.452) 44.811 (11.359) - Stage 2
Stage 3 (2.832) (1.188) 4.020 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (25.447) (5.848) 72.810 41.515 allowance for losses
Aset keuangan baru yang diterbitkan New financial assets issued
atau dibeli 71.396 14.568 29.603 115.567 or purchased
Aset keuangan yang dihentikan
pengakuannya (22.540) (4.745) (25.360) (52.645) Derecognized financial assets
Penghapusbukuan (57.431) (13.291) (53.111) (123.833) Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (2.170) - - (2.170) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 24.744 65.863 124.701 215.308 credit loss ending balance
182
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, there were
2023, terdapat piutang sewa pembiayaan digunakan financing receivables that used as collateral for BRI
sebagai jaminan atas utang Bank masing-masing loans amounting Rp3,303,755 and Rp6,171,403,
sebesar Rp3.303.755 dan Rp6.171.403. respectively.
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 2024 dan December 31, 2024 and 2023 are adequate.
2023 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 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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) 6.685.784 7.394.694 Documentary L/C (SKBDN)
Mata uang asing Foreign currency
L/C Impor dan SKBDN Import L/C and SKBDN
Dolar Amerika Serikat 52.987.125 852.828 94.495.087 1.454.941 United States Dollar
Renminbi 222.847.124 491.376 13.304.733 28.872 Renminbi
Euro Eropa 765.779 12.833 2.447.950 41.709 European Euro
Yen Jepang 61.210.000 6.306 762.730.478 83.046 Japanese Yen
Pound Sterling Inggris 29.862 604 29.751 584 Great Britain Pound Sterling
1.363.947 1.609.152
8.049.731 9.003.846
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
L/C Impor dan SKBDN 1.757.587 1.167.584 Import L/C and SKBDN
Mata uang asing Foreign currency
L/C Impor dan SKBDN Import L/C and SKBDN
Dolar Amerika Serikat 18.518.480 298.055 2.986.171 45.978 United States Dollar
2.055.642 1.213.562
Total 10.105.373 10.217.408 Total
Cadangan kerugian penurunan nilai (321.683) (249.698) Allowance for impairment losses
Bersih 9.783.690 9.967.710 Net
183
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
1 bulan 1.861.735 2.419.023 1 month
> 1 bulan - 3 bulan 2.463.651 4.288.211 > 1 month - 3 months
> 3 bulan - 1 tahun 3.724.345 2.296.612 > 3 months - 1 year
8.049.731 9.003.846
Pihak berelasi (Catatan 44) Related parties (Note 44)
1 bulan 232.241 66.652 1 month
> 1 bulan - 3 bulan 739.638 444.464 > 1 month - 3 months
> 3 bulan - 1 tahun 1.083.763 702.446 > 3 months - 1 year
2.055.642 1.213.562
Total 10.105.373 10.217.408 Total
Cadangan kerugian Allowance for
penurunan nilai (321.683) (249.698) impairment losses
Neto 9.783.690 9.967.710 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/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
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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
184
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31, 2023
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
Carrying value beginning
Nilai tercatat awal 7.145.070 22.530 - 7.167.600 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 10.301.960 23.811 - 10.325.771 or purchased
Aset keuangan yang dihentikan
pengakuannya (7.250.703) (22.530) - (7.273.233) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (2.730) - - (2.730) and other changes
Carrying value ending
Nilai tercatat akhir 10.193.597 23.811 - 10.217.408 balance
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 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
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
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
185
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31, 2023
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 Loans
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 123.052 13.484 - 136.536 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 244.269 5.581 - 249.850 or purchased
Aset keuangan yang dihentikan
pengakuannya (121.373) (13.484) - (134.857) Derecognized financial assets
Penghapusbukuan - - - - Written-off financial assets
Penerimaan kembali aset keuangan Recovery from written-off
yang telah dihapusbukukan - - - - financial asset
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (1.831) - - (1.831) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 244.117 5.581 - 249.698 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, 2024 and
31 Desember 2024 dan 2023 telah memadai. 2023 is adequate.
15. PENYERTAAN SAHAM 15. INVESTMENT IN SHARES
Rincian penyertaan saham adalah sebagai berikut: The details of investment in shares are as follows:
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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
Indonesia Tbk Perbankan/ PT Bank Syariah
Banking 15,38 3.546.381 2.902.597 6.448.978 3.546.381 1.933.244 5.479.625 Indonesia Tbk
PT Bahana Artha Ventura Modal ventura/ PT Bahana Artha
Venture Capital 15,10 71.325 5.450 76.775 71.325 8.115 79.440 Ventura
3.617.706 2.908.047 6.525.753 3.617.706 1.941.359 5.559.065
186
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Rincian penyertaan saham adalah sebagai berikut The details of investment in shares are as follows
(lanjutan): (continued):
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 0,07 163.510 111.355
PT Bukalapak.com Penyelenggara PT Bukalapak.com
Teknologi
Finansial/
Financial
Technology
Provider 0,18 22.631 39.106
PT Pefindo Biro Kredit Perusahaaan PT Pefindo Biro Kredit
Informasi
Pengkreditan/
Financial
Technology
Provide 13.88 23.308 17.384
PT Pemeringkat Efek Pemeringkat PT Pemeringkat Efek
Indonesia efek/ Credit Indonesia
Rating Agency 6,78 26.717 32.278
PT Kustodian Sentral Jasa Penitipan PT Kustodian Sentral
Efek Indonesia Surat Berharga/ Efek Indonesia
Securities
Depository
Service 5,00 4.650 4.650
PT Penyelesaian Lembaga PT Penyelesaian
Transaksi Services Transaksi
Elektronik Pembayaran/ Elektronik
Nasional Finance 17.50 3.500 3.500 Nasional
PT Kliring Berjangka Lembaga PT Kliring Berjangka
Indonesia Kiring/Clearing Indonesia
(Persero) Institution 1,92 1.440 1.340 (Persero)
Investasi lain-lain Beragam/ Beragam/ Other Invesments
Various Various 714.428 783.555
Pihak berelasi Related parties
(Catatan 44) (Note 44)
PT Fintek Karya Penyelenggara PT Fintek Karya
Nusantara Jasa Sistem Nusantara
Perbankan/
Banking System
Service Provider 12,74 590.630 753.258
1.550.814 1.746.426
Neto 8.076.567 7.305.491 Net
Manajemen berpendapat bahwa cadangan kerugian Management believes that the allowance for
penurunan nilai atas penyertaan saham pada impairment losses on investment in shares as of
tanggal 31 Desember 2024 dan 2023 telah December 31, 2024 and 2023 are adequate.
memadai.
187
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
PT Bank Syariah Indonesia Tbk PT Bank Syariah Indonesia Tbk
Total aset 408.613.432 353.624.125 Total assets
Total liabilitas 105.647.969 87.222.910 Total liabilities
Total dana syirkah temporer 257.923.889 227.662.092 Total temporary syirkah funds
PT Bahana Artha Ventura PT Bahana Artha Ventura
Total aset 1.269.997 1.642.983 Total assets
Total liabilitas 512.323 838.813 Total liabilities
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
PT Bank Syariah Indonesia Tbk PT Bank Syariah Indonesia Tbk
Total pendapatan 26.473.012 22.251.743 Total income
Total laba bersih 7.005.888 5.703.743 Total net income
PT Bahana Artha Ventura PT Bahana Artha Ventura
Total pendapatan 125.944 145.401 Total income
Total laba bersih 17.648 10.553 Total 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,
2024 2023
BRI BRI
PT Bank Syariah Indonesia Tbk 131.550 65.504 PT Bank Syariah Indonesia Tbk
131.550 65.504
Entitas Anak Subsidiaries
PT Pegadaian 3.609 - PT Pegadaian
PT BRI Danareksa Sekuritas 1.696 9.693 PT BRI Danareksa Sekuritas
PT BRI Asuransi Indonesia 154 127 PT BRI Asuransi Indonesia
PT Bank Raya Indonesia Tbk 26 202 PT Bank Raya Indonesia Tbk
PT Permodalan Nasional Madani - 46 PT Permodalan Nasional Madani
5.485 10.068
Total 137.035 75.572 Total
188
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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 15.127.852 - 1.553.451 570.447 2.207.477 18.318.333 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
Aset tetap museum 184 - - - - 184 Museum assets
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
31 Desember/ December 31, 2023
Saldo Awal/
Beginning Revaluasi/ Penambahan/ Pengurangan/ Reklasifikasi/ Saldo Akhir/
Keterangan Balance Revaluation Addition Disposal Reclassification Ending Balance Description
Biaya Perolehan Cost
Hak atas tanah 33.406.372 - 1.086.300 1.134.834 (40.411) 33.317.427 Landrights
Bangunan 12.219.677 - 1.522.462 699.119 2.084.832 15.127.852 Buildings
Kendaraan bermotor 3.900.285 - 2.015.071 706.759 12.801 5.221.398 Motor vehicles
Komputer dan mesin*) 12.175.552 - 2.588.752 435.387 2.534.962 16.863.879 Computers and machineries*)
Perlengkapan kantor 3.357.863 - 677.264 102.384 45.608 3.978.351 Furnitures and fixtures
Aset tetap museum 184 - - - - 184 Museum assets
Satelit 3.284.668 - 25 - 4.185 3.288.878 Satellite
Aset dalam
penyelesaian 5.606.600 - 2.719.584 18.399 (4.641.977) 3.665.808 Assets in progress
73.951.201 - 10.609.458 3.096.882 - 81.463.777
Akumulasi Penyusutan Accumulated Depreciation
Bangunan 4.158.159 - 1.302.878 224.927 (10.318) 5.225.792 Buildings
Kendaraan bermotor 1.846.266 - 243.852 161.713 429 1.928.834 Motor vehicles
Komputer dan mesin*) 9.276.125 - 1.514.294 194.805 (882) 10.594.732 Computers and machineries*)
Perlengkapan kantor 2.247.030 - 444.481 94.342 10.771 2.607.940 Furnitures and fixtures
Satelit 1.207.574 - 220.786 - - 1.428.360 Satellite
18.735.154 - 3.726.291 675.787 - 21.785.658
Nilai buku - Neto 55.216.047 59.678.119 Book value - Net
*) Termasuk software *) Include software
Biaya perolehan dan akumulasi penyusutan aset The acquiring cost and accumulated depreciation of
tetap per 31 Desember 2024 dan 2023 pada tabel di premises and equipment as of December 31, 2024
atas termasuk juga nilai Aset Hak Guna (AHG) BRI and 2023, 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 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
189
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 pada tabel di premises and equipment as of December 31, 2024
atas termasuk juga nilai Aset Hak Guna (AHG) BRI and 2023, 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 2023/ Saldo akhir
Beginning 31 Des 2023/
balance Penambahan/ Pengurangan/ Ending balance
Jan 1, 2023 Addition Disposal Dec 31, 2023
Biaya Perolehan Aset Hak Guna Acquistion cost of right-of-use assets
Bangunan 1.840.211 1.124.412 498.447 2.466.176 Buildings
Kendaraan bermotor 331.406 437.631 128.139 640.898 Motor vehicles
Perlengkapan kantor 13.246 119.100 226 132.120 Furnitures and fixtures
2.184.863 1.681.143 626.812 3.239.194
Akumulasi Penyusutan Aset Hak Guna Accumulated depreciation of right-
of-use assets
Bangunan 794.664 752.694 396.904 1.150.454 Buildings
Kendaraan bermotor 169.110 169.784 124.782 214.112 Motor vehicles
Perlengkapan kantor 1.780 19.139 141 20.778 Furnitures and fixtures
965.554 941.617 521.827 1.385.344
Nilai buku - Neto 1.219.309 1.853.850 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, 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
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31, 2023
Beban penyusutan
aset hak guna/ Beban bunga atas
Depreciation liabilitas sewa/
expense of right- Interest expense
of-use assets of lease liabilities
Bangunan 752.694 8.883 Building
Kendaraan bermotor 169.784 17.981 Motor vehicles
Perlengkapan kantor 19.139 369 Furnitures and fixtures
Total 941.617 27.233 Total
190
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The original consolidated financial statements included herein
are in the Indonesian language.
PT BANK RAKYAT INDONESIA (PERSERO) Tbk PT BANK RAKYAT INDONESIA (PERSERO) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
BRI dan entitas anak memiliki sewa tertentu dengan BRI and its subsidiaries has certain leases with
masa sewa 12 bulan atau kurang dan sewa aset a term of 12 months or less and low-value lease
bernilai rendah, dimana dikecualikan dari assets, which are excluded from the recognition of
pengakuan sewa berdasarkan PSAK No. 116. leases under SFAS No. 116.
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
Rp5.843.344 dan Rp3.726.291 masing-masing Rp5,843,344 and Rp3,726,291 for the years ended
untuk tahun yang berakhir pada tanggal-tanggal December 31, 2024 and 2023, respectively (Note 36).
31 Desember 2024 dan 2023 (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 Rp21,121,231 and Rp22,124,061 for the
dengan nilai pertanggungan seluruhnya sebesar years ended December 31, 2024 and 2023,
Rp21.121.231 dan Rp22.124.061 masing-masing respectively.
untuk tahun yang berakhir pada tanggal-tanggal 31
Desember 2024 dan 2023.
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 entity) on
(Entitas Anak) dengan nilai pertanggungan December 31, 2024 and 2023 with full coverage
seluruhnya pada tanggal 31 Desember 2024 dan amounted to Rp1,746,226 and USD130,736,666 (full
2023 masing-masing sebesar Rp1.746.226 dan amount), in which the insurance policies mature on
ASD130.736.666 (nilai penuh), masing-masing polis June 19, 2025 and 2024, respectively.
asuransi tersebut berakhir pada tanggal 19 Juni
2025 dan 2024.
Tidak ada aset tetap yang dimiliki BRI dan entitas As of December 31, 2024 and 2023 there are no
anak yang dijadikan jaminan pada tanggal-tanggal premises and equipment owned by BRI and its
31 Desember 2024 dan 2023. 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 Rp10.793.958 amounted to Rp10,793,958 and Rp9,986,999 as of
dan Rp9.986.999 pada tanggal 31 Desember 2024 December 31, 2024 and 2023, respectively.
dan 2023.
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.
191
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Sugianto Prasodjo dan Rekan, 1. KJPP Sugianto Prasodjo and Partners, with
dengan laporan No. 01042/2.0131-00/PI/07/ report No. 01042/2.0131-00/PI/07/0375/1/IX/
0375/1/IX/2022 tanggal 19 September 2022 2022 dated September 19, 2022 amounting to
sebesar Rp1.679.046 ditandatangani oleh Budi Rp1,679,046 signed by Budi Prasodjo.
Prasodjo.
2. KJPP Dino Farid dan Rekan, dengan laporan 2. KJPP Dino Farid and Partners, with report
No. 00526/2.0164-00/PI/07/0447/1/IX/2022 No. 00526/2.0164-00/PI/07/0447/1/IX/2022
tanggal 19 September 2022 sebesar dated September 19, 2022 amounting to
Rp2.006.196 ditandatangani oleh Dino Rp2,006,196 signed by Dino Suharianto.
Suharianto.
3. KJPP Sapto, Kasmodiard dan Rekan, dengan 3. KJPP Sapto, Kasmodiard and Partners, with
laporan No. 01957/2.0084-00/PI/07/0274/1/IX/ report No. 01957/2.0084-00/PI/07/0274/1/IX/
2022 tanggal 19 September 2022 sebesar 2022 dated September 19, 2022 amounting to
Rp9.866.380 ditandatangani oleh Sapto Haji. Rp9,866,380 signed by Sapto Haji.
4. KJPP Nirboyo Adiputro, Dewi Apriyanti 4. KJPP Nirboyo Adiputro, Dewi Apriyanti, and
dan Rekan, dengan laporan Partners, with report No. 00522/2.0018-
No. 00522/2.0018-00/PI/07/0496/1/IX/2022 00/PI/07/0496/1/IX/2022 dated September 19,
tanggal 19 September 2022 sebesar 2022, amounting to Rp1,429,569, signed by Budi
Rp1.429.569 ditandatangani oleh Muhammad Haikal.
Budi Muhammad Haikal.
5. KJPP Susan Widjojo dan Rekan, 5. KJPP Susan Widjojo and Partners, with report
dengan laporan No. 00400/2.0068-00/PI/07/ No. 00400/2.0068-00/PI/07/0198/1/IX/2022
0198/1/IX/2022 tanggal 19 September 2022 dated September 19, 2022 amounting to
sebesar Rp2.865.437 ditandatangani oleh Rp2,865,437 signed by Susan Widjojo.
Susan Widjojo.
192
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
6. KJPP Toha, Okky, Heru dan Rekan, 6. KJPP Toha, Okky, Heru and Partners, with report
dengan laporan No. 00121/2.0014-00/PI/07/ No. 00121/2.0014-00/PI/07/0080/1/IX/2022
0080/1/IX/2022 tanggal 19 September 2022 dated September 19, 2022 amounting to
sebesar Rp1.152.233 ditandatangani oleh Okky Rp1,152,233 signed by Okky Danuza.
Danuza.
7. KJPP Abdullah Fitriantoro dan Rekan, 7. KJPP Abdullah Fitriantoro and Partners, with
dengan laporan No. 00282/2.0051-00/PI/07/ report No. 00282/2.0051-00/PI/07/0152/1/IX/
0152/1/IX/2022 tanggal 1 September 2022 2022 dated September 1, 2022 amounting
sebesar Rp1.056.302 dan Rp654.858 Rp1,056,302 and Rp654,858 signed by Abdullah
ditandatangani oleh Abdullah Fitriantoro. Fitriantoro.
8. KJPP Muttaqin Bambang Purwanto Rozak 8. KJPP Muttaqin Bambang Purwanto Rozak
Uswatun dan Rekan, dengan laporan Uswatun and Partners, with report
No. 01155/2.0027-00/PI/07/0196/1/IX/2022 No. 01155/2.0027-00/PI/07/0196/1/IX/2022
tanggal 19 September 2022 sebesar dated September 19, 2022 amounting to
Rp1.524.861 ditandatangani oleh Muhammad Rp1,524,861 signed by Muhammad A. Muttaqin.
A. Muttaqin.
9. KJPP Iwan Bachron dan Rekan, 9. KJPP Iwan Bachron and Partners, with report
dengan laporan No. 00066/2.0047-00/PI/07/ No. 00066/2.0047-00/PI/07/0108/1/IX/2022
0108/1/IX/2022 tanggal 14 September 2022 dated September 14, 2022 amounting to
sebesar Rp730.970 ditandatangani oleh Iwan Rp730,970 signed by Iwan Bachron.
Bachron.
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 April
pada tanggal 1 April 2022 sebesar Rp2.963.485 1, 2022 amounted to Rp2,963,485 was recognized as
dicatat sebagai “Surplus Revaluasi Aset Tetap” dan a "Revaluation Surplus arising from Premises and
disajikan dalam penghasilan komprehensif lain Equipment" and presented in other comprehensive
sebesar Rp2.984.488, sedangkan penurunan nilai income amounted to Rp2,984,488 while the decrease
tercatat yang timbul dari penilaian kembali sebesar in carrying value arising from the revaluation
Rp21.003 diakui dalam laporan laba rugi tahun amounted to Rp21,003 was recognized in the
berjalan. Nilai wajar hak atas tanah termasuk pada statement of profit or loss for the period. The fair value
hierarki nilai wajar level 2. of landrights is included in the level 2 fair value
hierarchy.
Pada tanggal-tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023 if the landrights
jika tanah diukur menggunakan model biaya, nilai were measured using the cost method, the carrying
tercatatnya masing-masing adalah sebesar values would be Rp14,593,406 and Rp14,489,235,
Rp14.593.406 dan Rp14.489.235. 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 2024 as of December 31, 2024 and 2023.
dan 2023.
193
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
Revitalisasi Kawasan Semarang 63.893 30,00%% Jul/ Jul 2025 RevitalizationSemarang Area
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 830.974 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
778.959
Total 3.431.758 Total
31 Desember/December 31, 2023
Persentase Estimasi
Akumulasi penyelesaian/ penyelesaian/
biaya/ Cost Completion Estimated Date
accumulation percentage of Completion
Bangunan dalam penyelesaian: Building under construction:
Bangunan Tier 3 Uptime Tier 3 Uptime Institute
Institute DC GTI 89.930 85,00% Mar/Mar 2024 DC GTI Building
Renovasi Menara BRI Medan 44.017 85,00% Mar/Mar 2024 Renovation of Menara BRI Medan
Kontraktor Contact Center Contractor of Contact Center
Kebayoran Baru 26.439 95,00% Jan/Jan 2024 Kebayoran Baru
Main Campus BRI Corporate Main Campus BRI Corporate
University 28.738 95,00% Jan/Jan 2024 University
Lain-lain 1.525.702 Beragam/Various Beragam/Various Others
1.714.826
Software dalam penyelesaian: Software under development
Pengadaan Konsultan IT-Fase Procurement of IT Consultant Product
Implementasi Product 302.176 85,00% Jun/Jun 2024 Implementasi Phase
Pengadaan Secure Branch Procurement of Secure Branch
Fase II 161.441 95,00% Mar/Mar 2024 Fase II
Switch DC Workload ODC Switch DC Workload ODC
Tahun 2022-2024 47.548 95,00% Des/Dec 2024 Year 2022-2024
Pengadaan Implementasi Integrasi Procurement of implementation
New Finance System 39.964 95,00% Mar/Mar 2024 New Finance System Integration
Lain-lain 966.662 Beragam/Various Beragam/Various Others
1.517.791
Hardware dalam penyelesaian 433.191 Beragam/Various Beragam/Various Hardware under development
433.191
Total 3.665.808 Total
194
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023.
2024 dan 2023.
17. ASET LAIN-LAIN 17. OTHER ASSETS
Aset lain-lain terdiri atas: Other assets consist of:
31 Desember 2024/ 31 Desember 2023*)/
December 31, 2024 December 31, 2023*)
Rupiah Rupiah
Biaya dibayar dimuka 10.906.161 9.618.292 Prepaid expense
Piutang bunga: Interest receivables:
Usaha gadai 2.941.973 2.099.520 Pawn business
Efek-efek 2.860.232 2.579.374 Securities
Lain-lain 327.191 336.005 Others
Beban yang ditangguhkan untuk Deferred expense for
pinjaman pekerja (Catatan 49) 4.747.556 5.190.672 Employee loan (Note 49)
Aset reasuransi 2.949.967 2.697.126 Reinsurance assets
Piutang lain-lain 1.996.023 1.764.184 Other receivables
Tagihan kepada Pemerintah terkait Receivables from government related
pemberian KUR 1.904.023 9.040.747 to KUR disbursement
Prepaid tax related to
Uang muka pajak terkait PPh Badan 1.089.287 2.089.356 Corporate Income Tax
Tagihan terkait dengan transaksi Receivables related to ATM
ATM dan kartu kredit 1.744.804 4.713.968 and credit card transaction
Persediaan emas 1.279.747 508.699 Gold inventories
Aset atas sewa operasi - neto 900.623 952.001 Assets under operating lease - net
Uang muka pajak terkait PPh 21 879.222 Prepaid tax related to Income Tax Art 21
Piutang premi 430.268 286.622 Premium receivable
Properti investasi 197.380 199.635 Investment property
Kas yang dibatasi penggunaannya 151.600 534.474 Restricted cash in bank
(Catatan 3) (Note 3)
Persekot intern 111.172 112.588 Internal advance
Agunan yang diambil alih 102.880 59.347 Foreclosed collaterals
Premises and equipment not yet
Setoran jaminan 53.664 33.437 Guarantee deposits
Aset tetap belum didistribusikan 41.319 52.939 distributed
Lain-lain 3.233.872 3.447.767 Others
38.848.964 46.316.753
Mata uang asing Foreign currency
Piutang bunga: Interest receivables:
Efek-efek 1.034.290 1.280.545 Securities
Lain-lain 192.426 184.708 Other
Term deposit valas devisa Foreign currency term deposit for
hasil ekspor (TD Valas DHE) exchange foreign proceeds
Bank Indonesia 333.971 5.839.312 of export Bank Indonesia
Lain-lain 841.677 539.737 Others
2.402.364 7.844.302
Total 41.251.328 54.161.055 Total
Dikurangi cadangan penurunan nilai (1.152.352) (1.019.295) Less allowance for impairment losses
Bersih 40.098.976 53.141.760 Net
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (Note 52)
195
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah Rupiah
Titipan pembayaran dividen dividend payment deposits
(Catatan 31d) 20.337.632 12.666.432 (Note 31d)
Titipan advance payment 6.262.765 7.114.058 Advance payment deposits
Titipan kerja sama pihak ketiga 896.178 1.121.776 Third parties cooperation deposits
Titipan ATM dan kartu kredit 812.882 788.468 ATM and credit card deposits
Titipan setoran pajak 809.434 792.368 Tax payment deposits
Titipan recovery claim asuransi 621.636 279.530 Claim insurance deposits - recovery
Titipan uang elektronik 563.982 518.049 Electronic money deposits
Titipan dana pihak ketiga 487.993 751.038 Third parties funding deposits
Utang kepada nasabah 419.465 232.719 Debt to customers
Titipan biaya operasional 381.481 696.501 Operating cost deposits
Titipan pinjaman kelolaan 315.904 289.945 Loan deposits chanelling
Titipan asuransi 308.190 252.718 Insurance deposits
Titipan biaya outsourcing 140.347 96.900 Outsourcing fee deposits
Titipan setoran kliring 28.506 33.687 Clearing deposits
Lain-lain 3.792.424 3.430.816 Others
36.178.819 29.065.005
Mata uang asing Foreign currency
Titipan setoran pajak 151.402 140.178 Tax payment deposits
Titipan dana pihak ketiga 47.247 139.955 Third parties funding deposits
Titipan advance payment 44.123 36.911 Advance payment deposits
Titipan setoran kliring - 538.895 Clearing deposits
Lain-lain 400.070 730.863 Others
642.842 1.586.802
Total 36.821.661 30.651.807 Total
19. GIRO 19. DEMAND DEPOSITS
Giro terdiri atas: Demand deposits consist of:
31 Desember 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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 125.234.303 111.460.225 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 6.828.445.495 109.903.830 3.314.872.997 51.039.102 United States Dollar
Renminbi 203.061.964 447.750 165.406.408 358.942 Renminbi
Euro Eropa 16.693.329 279.749 37.641.229 641.343 European Euro
Yen Jepang 2.514.257.926 259.044 403.969.472 43.982 Japanese Yen
Dirham Uni Emirat Arab 33.321.977 146.020 1.537.723 6.447 United Arab Emirates Dirham
Riyal Arab Saudi 14.013.377 60.033 503.509 2.067 Saudi Arabian Riyal
Dolar Singapura 4.022.852 47.649 10.121.481 118.182 Singaporean Dollar
Dolar Taiwan Baru 51.920.252 25.489 31.426.075 15.823 New Taiwan Dollar
Dolar Australia 2.123.116 21.260 7.821.325 82.286 Australian Dollar
Dolar Hong Kong 8.169.855 16.937 10.897.029 21.475 Hong Kong Dollar
Pound Sterling Inggris 93.231 1.885 484.595 9.511 Great Britain Pound Sterling
Ringgit Malaysia 2.490 9 4.894 16 Malaysian Ringgit
111.209.655 52.339.176
236.443.958 163.799.401
196
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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 75.606.841 85.663.613 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 3.845.937.787 61.900.368 6.265.649.148 96.472.200 United States Dollar
Euro Eropa 22.684.350 380.147 9.716.335 165.550 European Euro
Dolar Singapura 12.951.350 153.403 418.266 4.884 Singaporean Dollar
Yen Jepang 660.367.033 68.038 166.711.843 18.151 Japanese Yen
Renminbi 632.260 1.394 - Renminbi
Pound Sterling Inggris 9.424 191 29.196 573 Great Britain Pound Sterling
62.503.541 96.661.358
138.110.382 182.324.971
Total 374.554.340 346.124.372 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 Rp624.144 dan Rp850.977 to Rp624,144 and Rp850,977 as of December 31,
pada tanggal-tanggal 31 Desember 2024 dan 2023. 2024 and 2023, respectively.
20. TABUNGAN 20. SAVING DEPOSITS
Tabungan terdiri atas: Saving deposits consist of:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 323.947.506 319.168.436 Simpedes
Britama 203.608.262 192.009.684 Britama
Lain-lain 10.314.729 10.278.743 Others
537.870.497 521.456.863
Mata uang asing Foreign currency
Britama Britama
Dolar Amerika Serikat 218.579.951 3.518.045 225.886.596 3.477.975 United States Dollar
Yen Jepang 23.335.190.316 2.404.225 19.295.678.454 2.100.817 Japanese Yen
Euro Eropa 8.396.159 140.704 13.837.154 235.761 European Euro
Dolar Singapura 7.905.130 93.633 13.100.685 152.968 Singaporean Dollar
Renminbi 21.245.557 46.846 6.809.463 14.777 Renminbi
Dolar Australia 2.276.961 22.800 1.879.683 19.776 Australian Dollar
Dirham Uni Emirat Arab 3.244.510 14.218 93.443 392 United Arab Emirates Dirham
Pound Sterling Inggris 690.737 13.966 1.350.486 26.505 Great Britain Pound Sterling
Dolar Taiwan Baru 18.397.529 9.032 10.713.878 5.394 New Taiwan Dollar
Riyal Arab Saudi 1.371.029 5.873 1.078.598 4.429 Saudi Arabian Riyal
Ringgit Malaysia 379.550 1.366 - Malaysian Ringgit
Dolar Hong Kong 172.748 358 139.868 276 Hong Kong Dollar
Baht Thailand 79.473 37 - Thailand Baht
Won Korea Selatan 227.799 2 8.094.523 96 South Korean Won
197
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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 30.388 489 - United States Dollar
6.271.594 6.039.166
544.142.091 527.496.029
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Britama 207.531 346.358 Britama
Simpedes 10.086 20.754 Simpedes
Lain-lain 50.047 64.824 Others
267.664 431.936
Mata uang asing Foreign currency
Britama Britama
Dolar Amerika Serikat 981.846 15.804 1.116.548 17.191 United States Dollar
Yen Jepang 10.875.122 1.120 589.677 64 Japanese Yen
Dolar Singapura 8.061 95 4.679 55 Singaporean Dollar
Euro Eropa 5.021 84 6.094 104 European Euro
Pound Sterling Inggris 2.384 48 7.255 142 Great Britain Pound Sterling
Riyal Arab Saudi 6.168 26 6.880 28 Saudi Arabian Riyal
Ringgit Malaysia 1.884 7 - Malaysian Ringgit
Baht Thailand 14.980 7 - Thailand Baht
Renminbi 237 1 417 1 Renminbi
17.192 17.585
284.856 449.521
Total 544.426.947 527.945.550 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 Rp152.900 dan to Rp152,900 and Rp157,317 as of December 31,
Rp157.317 pada tanggal-tanggal 31 Desember 2024 and 2023, respectively.
2024 dan 2023.
21. DEPOSITO BERJANGKA 21. TIME DEPOSITS
Deposito berjangka terdiri atas: Time deposits consist of:
31 Desember 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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 297.390.673 411.512.036 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 1.842.930.774 29.661.973 3.077.527.862 47.384.696 United States Dollar
Dolar Taiwan Baru 727.074.778 356.939 6.056.320 3.049 New Taiwan Dollar
Renminbi 74.653.066 164.609 147.108.266 319.234 Renminbi
Dolar Singapura 10.904.806 129.163 12.215.745 142.635 Singaporean Dollar
Dolar Australia 7.786.002 77.965 7.264.028 76.423 Australian Dollar
Pound Sterling Inggris 726.437 14.687 926.345 18.181 Great Britain Pound Sterling
198
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. DEPOSITO BERJANGKA 21. TIME DEPOSITS
Deposito berjangka terdiri atas: Time deposits consist of:
31 Desember 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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)
Euro Eropa 481.878 8.075 1.124.354 19.157 European Euro
Riyal Arab Saudi 5.013 21 5.010 21 Saudi Arabian Riyal
Yen Jepang 150.000 15 18.090.350.000 1.969.587 Japanese Yen
30.413.447 49.932.983
327.804.120 461.445.019
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah 104.406.122 16.087.894 Rupiah
Mata uang asing Foreign currency
Dolar Amerika Serikat 885.900.885 14.258.575 436.833.375 6.725.926 United States Dollar
14.258.575 6.725.926
118.664.697 22.813.820
Total 446.468.817 484.258.839 Total
Deposito berjangka berdasarkan periode kontrak Time deposits based on their contractual periods are
adalah sebagai berikut: as follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
Deposits on call 6.962.874 15.266.118 Deposits on call
Deposito Deposits
1 bulan 51.995.422 74.489.537 1 month
3 bulan 192.809.465 161.457.891 3 months
6 bulan 33.958.654 119.894.005 6 months
12 bulan 10.891.245 39.402.328 12 months
Lebih dari 12 bulan 773.013 1.002.157 More than 12 months
297.390.673 411.512.036
Mata uang asing Foreign currency
Deposits on call 83.903 1.672.911 Deposits on call
Deposito Deposits
1 bulan 9.888.829 14.877.507 1 month
3 bulan 16.719.631 19.400.218 3 months
6 bulan 1.266.400 8.031.777 6 months
12 bulan 2.244.837 5.549.245 12 months
Lebih dari 12 bulan 209.847 401.325 More than 12 months
30.413.447 49.932.983
327.804.120 461.445.019
199
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. DEPOSITO BERJANGKA (lanjutan) 21. TIME DEPOSITS (contined)
Deposito berjangka berdasarkan periode kontrak Time deposits based on their contractual periods are
adalah sebagai berikut (lanjutan): as follows (continued):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak berelasi (Catatan 44) Related parties (Notes 44)
Rupiah Rupiah
Deposits on call 1.943.030 167.150 Deposits on call
Deposito Deposits
1 bulan 18.335.372 4.636.710 1 month
3 bulan 63.128.726 8.042.824 3 months
6 bulan 20.382.959 2.694.098 6 months
12 bulan 605.209 536.321 12 months
Lebih dari 12 bulan 10.826 10.791 More than 12 months
104.406.122 16.087.894
Mata uang asing Foreign currency
Deposits on call 162.027 - Deposits on call
Deposito Deposits
1 bulan 6.734.202 5.386.487 1 month
3 bulan 4.609.687 311.873 3 months
6 bulan 1.985.712 485.882 6 months
12 bulan 726.709 503.191 12 months
Lebih dari 12 bulan 40.238 38.493 More than 12 months
14.258.575 6.725.926
118.664.697 22.813.820
Total 446.468.817 484.258.839 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 Rp77.634 dan Rp77,634 and Rp261,350 as of December 31, 2024
Rp261.350 pada tanggal-tanggal 31 Desember and 2023.
2024 dan 2023.
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 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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 3.435.000 - Inter-bank call money
Giro 2.096.321 1.263.075 Demand deposits
Deposito berjangka 624.984 302.655 Time deposits
Tabungan 6.185 9.052 Saving deposits
Deposito on call - 4.268.250 Deposits on call
6.162.490 5.843.032
200
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/December 31, 2024 31 Desember 2023/December 31, 2023
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 259.212.592 4.172.026 56.671.033 872.564 Inter-bank call money
Deposito berjangka 151.000.000 2.430.345 180.000.000 2.771.460 Time deposits
Giro 44.084.669 709.543 21.435.803 330.047 Demand deposits
Deposito on call 3.000.000 48.285 10.000.000 153.970 Deposits on call
7.360.199 4.128.041
Dolar Singapura Singaporean Dollar
Inter-bank call money - 130.546.301 1.524.303 Inter-bank call money
Euro Eropa European Euro
Giro 127 2 - Demand deposits
2 1.524.303
13.522.691 11.495.376
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Giro 12.872 15.755 Demand deposits
Deposito berjangka 42 41 Time deposits
12.914 15.796
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 71.000.000 1.142.745 29.000.000 446.513 Inter-bank call
Giro 70.312 1.132 41.162 634 Demand deposits
1.143.877 447.147
1.156.791 462.943
Total 14.679.482 11.958.319 Total
201
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
202
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2023
> 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
Deposito on call 4.268.250 - - - 4.268.250 Deposits on call
Giro 1.263.075 - - - 1.263.075 Demand deposits
Deposito Berjangka 80.455 218.200 4.000 - 302.655 Time deposits
Tabungan 9.052 - - - 9.052 Saving deposits
5.620.832 218.200 4.000 - 5.843.032
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
Deposito Berjangka 307.940 1.616.685 846.835 - 2.771.460 Time deposits
Inter-bank call money 195.096 - 677.468 - 872.564 Inter-bank call money
Giro 330.047 - - - 330.047 Demand deposits
Deposito on call 153.970 - - - 153.970 Deposits on call
987.053 1.616.685 1.524.303 - 4.128.041
Dolar Singapura Singaporean Dollar
Inter-bank call money 1.524.303 - - - 1.524.303 Inter-bank call money
2.511.356 1.616.685 1.524.303 - 5.652.344
8.132.188 1.834.885 1.528.303 - 11.495.376
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Giro 15.755 - - - 15.755 Demand deposits
Deposito Berjangka 41 - - - 41 Time deposits
15.796 - - - 15.796
Mata Uang Asing Foreign currency
Dolar Amerika Serikat United States Dollar
Inter-bank call money 446.513 - - - 446.513 Inter-bank call money
Giro 634 - - - 634 Demand deposits
447.147 - - - 447.147
462.943 - - - 462.943
Total 8.595.131 1.834.885 1.528.303 - 11.958.319 Total
203
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
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
204
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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)
Mata uang asing Foreign currency
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
FR0086 22Jun/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
31 Desember/ December 31, 2023
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 lain Others Banks
Obligasi Pemerintah Government Bonds
FR0081 10 Jul/ Jul, 10 2023 13 Jun/ Jun 13, 2025 1.500.000 1.322.032 1.325.902 FR0081
FR0086 18 Jul/ Jul, 18 2023 15 Apr/ Apr, 15 2026 1.150.000 1.001.549 1.014.938 FR0086
FR0081 11 Jul/ Jul, 11 2023 13 Jun/ Jun 13, 2025 1.098.000 999.680 1.002.630 FR0081
FR0081 04 Apr/ Apr 04, 2023 12 Jun/ Jun 12, 2025 1.000.000 887.065 894.118 FR0081
FR0081 12 Jul/ Jul 12, 2023 13 Jun/ Jun 13, 2025 600.000 547.677 549.293 FR0081
FR0081 14 Des/ Dec 14, 2023 13 Jun/ Jun 13, 2025 500.000 491.298 492.876 FR0081
FR0086 06 Des/ Dec 06, 2023 05 Jan/ Jan 05, 2024 100.000 93.789 94.235 FR0086
5.948.000 5.343.090 5.373.992
Mata uang asing Foreign currency
Bank lain Others Banks
Obligasi Pemerintah Government Bonds
RI0126 09 Nov/ Nov 09, 2023 09 Mei/ May 09, 2024 1.539.700 1.473.269 1.486.066 RI0126
RI0125 20 Des/ Dec 20, 2023 18 Jan/ Jan 18, 2024 1.539.700 1.475.895 1.478.714 RI0125
RI0126 06 Des/ Dec 06, 2023 04 Jun/ Jun 04, 2024 1.539.700 1.433.947 1.439.840 RI0126
RI1129 20 Des/ Dec 20, 2023 18 Jan/ Jan 18, 2024 923.820 896.902 898.616 RI0129
FR0086 22 Jun/ Jun 22, 2023 15 Apr/ Apr 15, 2026 900.000 836.356 845.855 FR0086
FR0086 21 Jun/ Jun 21, 2023 15 Apr/ Apr 15, 2026 900.000 810.493 819.698 FR0086
FR0086 16 Des/ Dec 16, 2021 15 Apr/ Apr 15, 2026 815.000 770.448 779.199 FR0086
FR0081 16 Des/ Dec 16, 2021 13 Jun/ Jun 13, 2025 791.500 769.460 771.389 FR0081
RI0731 29 Nov/ Nov 29, 2023 29 Mei/ May 29, 2024 846.835 643.612 646.993 RI0731
205
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2023
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)
Mata uang asing (lanjutan) Foreign currency (continued)
Bank lain (lanjutan) Others Banks (continued)
Obligasi Pemerintah Government Bonds
(lanjutan) (continued)
RI0827 29 Nov/ Nov 29, 2023 29 Mei/ May 29, 2024 692.865 641.695 645.066 RI0827
RI0929 20 Des/ Dec 20, 2023 18 Jan/ Jan 18, 2024 615.880 551.706 552.760 RI0929
RI0126 16 Jun/ Jun 16, 2023 18 Mar/ Mar 18, 2024 461.910 425.946 438.896 RI0126
RI0124 02 Nov/ Nov 02, 2023 02 Jan/ Jan 02, 2024 292.543 297.651 300.454 RI0124
RI0126 02 Nov/ Nov 02, 2023 02 Feb/ Feb 02, 2024 307.940 292.921 295.694 RI0126
RI0229 30 Nov/ Nov 30, 2023 29 Feb/ Feb 29, 2024 292.543 276.355 277.765 RI0229
RI0727 27 Okt/ Oct 27, 2023 29 Jan/ Jan 29, 2024 230.955 208.840 211.015 RI0727
RI0125 27 Okt/ Oct 27, 2023 29 Jan/ Jan 29, 2024 200.161 189.761 191.737 RI0125
RI0428 30 Nov/ Nov 30, 2023 29 Feb/ Feb 29, 2024 138.573 140.728 141.446 RI0428
RI0727 30 Ags/ Aug 30, 2023 26 Feb/ Feb 26, 2024 76.985 67.957 69.331 RI0727
RI0927 30 Ags/ Aug 30, 2023 26 Feb/ Feb 26, 2024 61.588 55.652 56.777 RI0927
13.168.198 12.259.594 12.347.311
Sukuk Berharga Syariah Sharia Government Treasury
Negara Bills
INDOIS 27 21 Ags/ Aug 21, 2023 20 Feb/ Feb 20, 2024 423.418 396.764 405.192 INDOIS 27
INDOIS 25 30 Nov/ Nov 30, 2023 29 Feb/ Feb 29, 2024 207.860 195.144 196.140 INDOIS 25
INDOIS 26 08 Nov/ Nov 08, 2023 07 Feb/ Feb 02, 2024 184.764 173.319 174.791 INDOIS 26
INDOIS 24 30 Nov/ Nov 30, 2023 29 Feb/ Feb 29, 2024 153.970 146.808 147.557 INDOIS 24
INDOIS 28 30 Nov/ Nov 30, 2023 26 Feb/ Feb 26, 2024 92.382 84.514 86.222 INDOIS 28
INDOIS 24 30 Nov/ Nov 30, 2023 26 Feb/ Feb 26, 2024 61.587 55.943 57.074 INDOIS 24
1.123.981 1.052.492 1.066.976
Obligasi Korporasi Corporate Bonds
PT Bank Mandiri PT Bank Mandiri
(Persero) Tbk (Persero) Tbk
Tahun 2024 23 Okt/ Oct 23, 2023 23 Jan/ Jan 23, 2024 107.779 96.032 97.097 Year 2024
Tahun 2025 23 Okt/ Oct 23, 2023 23 Jan/ Jan 23, 2024 76.985 69.363 70.134 Year 2025
PT Pertamina (Persero) PT Pertamina (Persero)
Tahun 2029 23 Okt/ Oct 23, 2023 23 Jan/ Jan 23, 2024 76.985 65.432 66.158 Year 2029
PT Perusahaan Listrik PT Perusahaan Listrik
Negara (Persero) Negara (Persero)
Tahun 2029 23 Okt/ Oct 23, 2023 23 Jan/ Jan 23, 2024 61.588 57.156 57.790 Year 2029
323.337 287.983 291.179
Total 20.563.516 18.943.159 19.079.458 Total
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah Rupiah
Obligasi Berkelanjutan II BRI BRI Shelf Registration Bond II
Tahap I Tahun 2016 Phase I Year 2016
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp322 dan Rp1.052 Rp322 and Rp1,052 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 947.924 896.601 Third parties
Pihak berelasi (Catatan 44) 1.267.811 1.316.647 Related parties (Note 44)
206
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berkelanjutan II BRI (lanjutan) BRI Shelf Registration Bond II (continued)
Tahap II Tahun 2017 Phase II Year 2017
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp185 dan Rp372 Rp185 and Rp372 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 819.009 799.145 Third parties
Pihak berelasi (Catatan 44) 439.935 459.835 Related parties (Note 44)
Tahap III Tahun 2017 Phase III Year 2017
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar RpNihil dan Rp204 RpNil and Rp204 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga - 1.452.730 Third parties
Pihak berelasi (Catatan 44) - 1.065.535 Related parties (Note 44)
Tahap IV Tahun 2018 Phase IV Year 2018
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp88 dan Rp118 Rp88 and Rp118 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 289.957 285.333 Third parties
Pihak berelasi (Catatan 44) 304.958 309.930 Related parties (Note 44)
Obligasi Berkelanjutan III BRI BRI Shelf Registration Bond III
Tahap I Tahun 2019 Phase I Year 2019
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar RpNihil dan Rp704 RpNil and Rp704 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga - 1.616.903 Third parties
Pihak berelasi (Catatan 44) - 523.599 Related parties (Note 44)
Obligasi Berwawasan Lingkungan BRI Green Shelf
Berkelanjutan I BRI Registration Bond I
Tahap I Tahun 2022 Phase I Year 2022
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp352 dan Rp3.201 Rp352 and Rp3,201 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 2.006.336 2.031.414 Third parties
Pihak berelasi (Catatan 44) 375.445 349.102 Related parties (Note 44)
Tahap II Tahun 2023 Phase II Year 2023
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp686 dan Rp7.273 Rp686 and Rp7,273 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 4.113.744 5.506.549 Third parties
Pihak berelasi (Catatan 44) 539.920 489.677 Related parties (Note 44)
207
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berwawasan Lingkungan BRI Green Shelf
Berkelanjutan I BRI Registration Bond I
Tahap III Tahun 2024 Phase III Year 2024
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp365 dan RpNihil Rp365 and RpNil as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 1.979.705 - Third parties
Pihak berelasi (Catatan 44) 499.927 - Related parties (Note 44)
MTN BRI Tahun 2022 BRI MTN Year 2022
setelah dikurangi biaya diskonto net of unamortized bond
dan biaya emisi yang belum issuance cost amounting to
diamortisasi masing-masing Rp841 and Rp2,531 as of
sebesar Rp841 dan Rp2.531 December 31, 2024 and 2023
pada tanggal-tanggal
31 Desember 2024 dan 2023
Pihak ketiga 2.999.159 4.994.194 Third parties
LTN BRI Tahun 2022 BRI LTN Year 2022
setelah dikurangi biaya diskonto net of unamortized bond
dan biaya emisi yang belum issuance cost amounting to
diamortisasi masing-masing Rp148 and Rp256 as of
sebesar Rp148 dan Rp256 December 31, 2024 and 2023
pada tanggal-tanggal
31 Desember 2024 dan 2023
Pihak ketiga 44.580 48.564 Third parties
LTN BRI Tahun 2023 BRI LTN Year 2023
setelah dikurangi biaya diskonto net of unamortized bond
dan biaya emisi yang belum issuance cost amounting to
diamortisasi masing-masing Rp107 and Rp203 as of
sebesar Rp107 dan Rp203 December 31, 2024 and 2023
pada tanggal-tanggal
31 Desember 2024 dan 2023
Pihak ketiga 54.995 59.377 Third parties
LTN BRI Tahun 2024 BRI LTN Year 2024
setelah dikurangi biaya diskonto net of unamortized bond
dan biaya emisi yang belum issuance cost amounting to
diamortisasi masing-masing Rp253 and RpNil as of
masing sebesar Rp253 dan RpNihil December 31, 2024 and 2023
pada tanggal-tanggal
31 Desember 2024 dan 2023
Pihak ketiga 52.694 - Third parties
MTN II BRI Finance Tahun 2021 BRI Finance MTN II Year 2021
setelah dikurangi biaya diskonto net of unamortized bond
dan biaya emisi yang belum issuance cost amounting to
diamortisasi masing-masing RpNil and Rp261 as of
sebesar RpNihil dan Rp261 December 31, 2024 and 2023
pada tanggal-tanggal
31 Desember 2024 dan 2023
Pihak ketiga - 186.644 Third parties
Pihak berelasi (Catatan 44) - 137.955 Related parties (Note 44)
208
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah (lanjutan) Rupiah (continued)
Obligasi I BRI Finance Tahun 2022 BRI Finance Bond I Year 2022
setelah dikurangi biaya diskonto net of unamortized bond
dan biaya emisi yang belum issuance cost amounting to
diamortisasi masing-masing Rp505 and Rp1,268 as of
sebesar Rp505 dan Rp1.268 December 31, 2024 and 2023
pada tanggal-tanggal
31 Desember 2024 dan 2023
Pihak ketiga 430.971 338.969 Third parties
Pihak berelasi (Catatan 44) 119.890 210.922 Related parties (Note 44)
Obligasi II BRI Finance Tahun 2023 BRI Finance Bond II Year 2023
setelah dikurangi biaya diskonto net of unamortized bond
dan biaya emisi yang belum issuance cost amounting to
diamortisasi masing-masing Rp835 and Rp1,889 as of
sebesar Rp835 dan Rp1.889 December 31, 2024 and 2023
pada tanggal-tanggal
31 Desember 2024 dan 2023
Pihak ketiga 262.249 415.962 Third parties
Pihak berelasi (Catatan 44) 34.902 57.067 Related parties (Note 44)
Obligasi Berkelanjutan III PNM PNM Shelf Registration Bond III
Tahap I Tahun 2019 Phase I Year 2019
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar RpNihil dan Rp152 RpNil and Rp152 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga - 598.848 Third parties
Tahap II Tahun 2019 Phase II Year 2019
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar RpNihil dan Rp110 RpNil and Rp110 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga - 705.399 Third parties
Pihak berelasi (Catatan 44) - 57.991 Related parties (Note 44)
Tahap III Tahun 2020 Phase III Year 2020
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp43 dan Rp164 Rp43 and Rp164 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 194.857 179.749 Third parties
Pihak berelasi (Catatan 44) - 14.987 Related parties (Note 44)
Tahap IV Tahun 2020 Phase IV Year 2020
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp48 dan Rp91 Rp48 and Rp91 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 291.952 281.912 Third parties
Pihak berelasi (Catatan 44) - 9.997 Related parties (Note 44)
Tahap V Tahun 2021 Phase V Year 2021
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp142 dan Rp279 Rp142 and Rp279 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 306.572 458.448 Third parties
Pihak berelasi (Catatan 44) 32.486 39.473 Related parties (Note 44)
209
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berkelanjutan IV PNM PNM Shelf Registration Bond IV
Tahap I Tahun 2021 Phase I Year 2021
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp1.222 dan Rp2.783 Rp1,222 and Rp2,783 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 990.781 1.979.241 Third parties
Pihak berelasi (Catatan 44) 7.997 17.976 Related parties (Note 44)
Tahap II Tahun 2022 Phase II Year 2022
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp248 dan Rp966 Rp248 and Rp966 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 449.293 420.060 Third parties
Pihak berelasi (Catatan 44) 136.942 165.408 Related parties (Note 44)
Obligasi Berkelanjutan V PNM PNM Shelf Registration Bond V
Tahap I Tahun 2022 Phase I Year 2022
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp110 dan Rp267 Rp110 and Rp267 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 115.890 115.733 Third parties
Tahap II Tahun 2024 Phase II Year 2024
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp1.621 dan RpNihil Rp1,621 and RpNil as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 1.594.512 - Related parties (Note 44)
Pihak berelasi (Catatan 44) 29.928 - Related parties (Note 44)
MTN III PNM Venture Capital PNM MTN III Venture Capital
Pihak ketiga 350.000 339.900 Third parties
MTN V PNM Venture Capital PNM MTN V Venture Capital
Tahap II Tahun 2024 Phase II Year 2024
Pihak ketiga 148.000 - Third parties
Sukuk Mudharabah III PNM PNM Sukuk Mudharabah III
Tahun 2019 Year 2019
Pihak ketiga - 300.000 Third parties
Sukuk Mudharabah IV PNM PNM Sukuk Mudharabah IV
Tahun 2021 Year 2021
Pihak ketiga - 1.800.000 Third parties
Sukuk Mudharabah V PNM PNM Sukuk Mudharabah V
Tahun 2022 Year 2022
Pihak ketiga - 466.000 Third parties
Sukuk Mudharabah Berkelanjutan I PNM Shelf Registration
PNM Tahap I Sukuk Mudharabah I Phase I
Tahun 2021 Year 2021
Pihak ketiga 291.000 801.000 Third parties
Pihak berelasi (Catatan 44) 36.000 41.000 Related parties (Note 44)
PNM Tahap II Sukuk Mudharabah I Phase II
Tahun 2023 Year 2023
Pihak ketiga 890.900 1.441.274 Third parties
Pihak berelasi (Catatan 44) 205.000 280.626 Related parties (Note 44)
210
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah (lanjutan) Rupiah (continued)
Sukuk Mudharabah Berkelanjutan I PNM Shelf Registration
PNM Tahap III Sukuk Mudharabah I Phase III
Tahun 2024 Year 2024
Pihak ketiga 1.432.500 - Third parties
Pihak berelasi (Catatan 44) 67.000 - Related parties (Note 44)
Sukuk Mudharabah Jangka Menengah VI PNM Shelf Registration Sukuk
PNM Tahap I Mudharabah Medium Term VI Phase I
Tahun 2024 Year 2024
Pihak ketiga 500.000 - Third parties
Sukuk Mudharabah Jangka Menengah VI PNM Shelf Registration Sukuk
PNM Tahap II Mudharabah Medium Term VI Phase II
Tahun 2024 Year 2024
Pihak ketiga 262.000 - Third parties
Sukuk Mudharabah Jangka Menengah VI PNM Shelf Registration Sukuk
PNM Tahap III Mudharabah Medium Term VI Phase III
Tahun 2024 Year 2024
Pihak ketiga 110.000 - Third parties
Sukuk Mudharabah Jangka Menengah VI PNM Shelf Registration Sukuk
PNM Tahap VI Mudharabah Medium Term VI Phase I
Tahun 2024 Year 2024
Pihak ketiga 150.000 - Third parties
Obligasi Berkelanjutan IV Pegadaian Pegadaian Shelf Registration Bond IV
Tahap II Tahun 2020 Phase II Year 2020
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp20 dan Rp50 Rp20 and Rp50 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 121.983 121.950 Third parties
Pihak berelasi (Catatan 44) 19.997 19.992 Related parties (Note 44)
Tahap IV Tahun 2021 Phase IV Year 2021
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar RpNihil dan Rp96 RpNil and Rp96 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga - 735.439 Third parties
Pihak berelasi (Catatan 44) - 204.005 Related parties (Note 44)
Obligasi Berkelanjutan V Pegadaian Pegadaian Shelf Registration Bond V
Tahap I Tahun 2022 Phase I Year 2022
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp120 dan Rp499 Rp120 and Rp499 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 388.915 349.580 Third parties
Pihak berelasi (Catatan 44) 188.961 227.903 Related parties (Note 44)
211
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah (lanjutan) Rupiah (continued)
Obligasi Berkelanjutan V Pegadaian Pegadaian Shelf Registration Bond V
Tahap II Tahun 2022 Phase II Year 2022
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp83 dan Rp217 Rp83 and Rp217 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 204.339 199.243 Third parties
Pihak berelasi (Catatan 44) 71.578 76.540 Related parties (Note 44)
Tahap III Tahun 2023 Phase III Year 2023
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp309 dan Rp1.712 Rp309 and Rp1,712 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 384.790 1.622.766 Third parties
Pihak berelasi (Catatan 44) 1.998 315.803 Related parties (Note 44)
Tahap IV Tahun 2023 Phase IV Year 2023
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp179 dan Rp2.364 Rp179 and Rp2,364 as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 227.846 2.390.840 Third parties
Pihak berelasi (Catatan 44) - 39.956 Related parties (Note 44)
Tahap V Tahun 2023 Phase V Year 2023
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp422 dan RpNihil Rp422 and RpNil as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 771.411 - Third parties
Pihak berelasi (Catatan 44) 19.973 - Related parties (Note 44)
Obligasi Berkelanjutan VI Pegadaian Pegadaian Shelf Registration Bond VI
Tahap I Tahun 2024 Phase I Year 2024
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp733 dan RpNihil Rp733 and RpNil as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 73.888 - Third parties
Pihak berelasi (Catatan 44) 14.854 - Related parties (Note 44)
Obligasi Sosial Berkelanjutan III Pegadaian Shelf Registration
Pegadaian Social Bond III
Tahap I Tahun 2024 Phase I Year 2024
setelah dikurangi biaya emisi obligasi net of unamortized bond
yang belum diamortisasi masing- issuance cost amounting to
masing sebesar Rp663 dan RpNihil Rp663 and RpNil as of
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga 59.502 - Third parties
212
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah (lanjutan) Rupiah (continued)
Sukuk Mudharabah Pegadaian Shelf Registration
Berkelanjutan I Pegadaian Sukuk Mudharabah I
Tahap II Tahun 2020 Phase II Year 2020
Pihak ketiga 80.500 70.500 Third parties
Pihak berelasi (Catatan 44) - 10.000 Related parties (Note 44)
Tahap IV Tahun 2021 Phase IV Year 2021
Pihak ketiga - 127.800 Third parties
Pihak berelasi (Catatan 44) - 38.000 Related parties (Note 44)
Sukuk Mudharabah Pegadaian Shelf Registration
Berkelanjutan II Pegadaian Sukuk Mudharabah II
Tahap I Tahun 2022 Phase I Year 2022
Pihak ketiga 299.000 284.000 Third parties
Pihak berelasi (Catatan 44) 21.000 36.000 Related parties (Note 44)
Tahap II Tahun 2022 Phase II Year 2022
Pihak ketiga 120.477 115.100 Third parties
Pihak berelasi (Catatan 44) 43.000 49.288 Related parties (Note 44)
Tahap III Tahun 2023 Phase III Year 2023
Pihak ketiga - 533.000 Third parties
Pihak berelasi (Catatan 44) - 72.000 Related parties (Note 44)
Tahap IV Tahun 2023 Phase IV Year 2023
Pihak ketiga 215.040 215.040 Third parties
Pihak berelasi (Catatan 44) 20.000 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 65.125 - Third parties
Pihak berelasi (Catatan 44) 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 682.005 - Third parties
Pihak berelasi (Catatan 44) 70.000 - Related parties (Note 44)
Sukuk Mudharabah Pegadaian Shelf Registration
Berkelanjutan Sosial I Pegadaian Social Sukuk Mudharabah I
Tahap I Tahun 2024 Phase I Year 2024
Pihak ketiga 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)
32.502.499 41.942.421
Dolar Amerika Serikat United States Dollar
Senior Unsecured Notes Due 2024 Senior Unsecured Notes Due 2024
(Sustainability Bond BRI Tahun 2019) (Sustainability Bond BRI Year 2019)
setelah dikurangi diskonto dan biaya net of unamortized
emisi obligasi yang belum diamortisasi bond issuance cost
masing-masing sebesar amounting to
RpNihil dan Rp2.670 RpNil and Rp2,670
pada tanggal-tanggal December 31, 2024 and 2023
31 Desember 2024 dan 2023
Pihak ketiga - 7.695.160 Third parties
- 7.695.160
Total 32.502.499 49.637.581 Total
213
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Amortisasi atas biaya emisi surat berharga yang The amortization of the issuance cost of marketable
diterbitkan untuk tahun yang terakhir pada tanggal- securities issued for the year ended December 31,
tanggal 31 Desember 2024 dan 2023 sebesar 2024 and 2023 amounted to Rp24,769 and
Rp24.769 dan Rp35.358. Rp35,358.
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
ketentuan dan berpendapat bahwa semua securities issued in accordance with the provisions
persyaratan/pembatasan yang ditetapkan dalam and consider that all requirements/restrictions set
penerbitan surat berharga di atas telah dipenuhi forth in the issuance of the aforementioned securities
pada tanggal-tanggal 31 Desember 2024 dan 2023. have been fulfilled as of December 31, 2024, and
2023.
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 oleh has been declared by the Financial Services
Otoritas Jasa Keuangan (OJK) berdasarkan Authority (OJK) based on a Decree
surat keputusan S-678/D.04/2016 tanggal S-678/D.04/2016 dated November 22, 2016.
22 November 2016.
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des 2023/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 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 B PT Bank Negara 12 Apr/ 11 Apr/ 3 tahun/ 8,10% idAAA* - - Series B
Indonesia Apr 12, 2017 Apr 11, 2020 years
Persero (Tbk)
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 III Tahun 2017 Phase III Year 2017
Seri C PT Bank Negara 25 Ags/ 24 Ags/ 7 tahun/ 8,25% idAAA* - 2.517.000 Series C
Indonesia Aug 25, 2017 Ags 24, 2024 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* 605.000 605.000 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)
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.
214
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 Berkelanjutan III BRI b) BRI Shelf Registration Bond III
Pada tanggal 30 Oktober 2019, Obligasi On October 30, 2019, BRI Shelf Registration
Berkelanjutan III BRI dengan jumlah pokok Bond III 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-159/D.04/2019 S-159/D.04/2019 dated October 30, 2019.
Tanggal 30 Oktober 2019.
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des 2023/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 Type
Rupiah Rupiah
Obligasi Berkelanjutan III BRI Shelf Registration
BRI Bond III
Tahap I Tahun 2019 Phase I Year 2019
Seri C PT Bank Negara 7 Nov/ 7 Nov/ 5 tahun/ 7,85% idAAA* - 2.172.800 Series C
Indonesia Nov 7, 2019 Nov 7, 2024 years
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Indonesia (Pefindo)
215
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Berkelanjutan III BRI (lanjutan) b) BRI Shelf Registration Bond III (continued)
Bunga Obligasi Berkelanjutan III BRI Tahun The interest of BRI Shelf Registration Bond III
2019 dibayarkan setiap 3 (tiga) bulan sejak Year 2019 is paid every 3 (three) months since
obligasi diterbitkan. the bond were issued.
Penerimaan neto dari penerbitan Obligasi Net proceeds from the issuance of BRI Shelf
Berkelanjutan III BRI adalah untuk Registration Bond III are used to develop the
mengembangkan bisnis perusahaan dengan Bank‘s business by channeling credit by applying
penyaluran kredit dengan menerapkan prinsip the principles of prudential banking and good
prudential banking dan good corporate corporate governance.
governance.
Obligasi Berkelanjutan III BRI tidak dijamin BRI Shelf-Registration Bond III 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% (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.
Obligasi Berkelanjutan III BRI yang telah jatuh BRI Shelf Registration Bond III that have
tempo telah dilunasi oleh BRI pada tanggal matured respectively have been paid off by BRI
jatuh temponya. on its maturity date.
c) Obligasi Berwawasan Lingkungan c) 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.
216
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
c) Obligasi Berwawasan Lingkungan c) 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 2024/ 31 Des 2023/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 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 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 A PT Bank 17 Okt/ 27 Okt/ 370 hari/ 6,10% idAAA* - 1.345.650 Series A
Tabungan Negara Oct 17, 2023 Oct 27, 2024 days
Persero (Tbk)
Seri B PT Bank 17 Okt/ 17 Okt/ 2 tahun/ 6,35% idAAA* 4.154.350 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 - 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 - 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 Phase I Year 2022 is
BRI tidak dijamin dengan jaminan apapun. not guaranteed by any guarantee. The important
Adapun persyaratan-persyaratan penting requirements (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.
217
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
c) Obligasi Berwawasan Lingkungan c) BRI Green Shelf Registration Bond I (continued)
Berkelanjutan I BRI (lanjutan)
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 Phase I Year 2022 is
BRI tidak dijamin dengan jaminan apapun. not guaranteed by any guarantee. The important
Adapun persyaratan-persyaratan penting requirements (covenants) are as follows
(covenants) adalah sebagai berikut (lanjutan): (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.
d) Medium-Term Notes Bank BRI Tahun 2022 d) BRI Medium-Term Notes Year 2022
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des 2023/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Des 31, 2024 Dec 31, 2023 Type
Rupiah Rupiah
Medium-Term Notes Bank BRI Medium-Term
BRI Tahun 2022 Notes Year 2022
Seri A - 24 Nov/ 24 Nov/ 2 tahun/ 6,60% idAAA* - 2.000.000 Series A
Nov 24, 2022 Nov 24, 2024 years
Seri B - 24 Nov/ 24 Nov/ 3 tahun/ 6,68% idAAA* 3.000.000 3.000.000 Series B
Nov 24, 2022 Nov 24, 2025 years
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Indonesia (Pefindo)
Bunga Medium-Term Note Bank BRI Tahun Interest of BRI Medium Term Note Year 2022 is
2022 dibayarkan setiap 3 (tiga) bulan sejak paid every 3 (three) months since the Medium
Medium-Term Note diterbitkan. Pada saat Term Note were issued. At the time of issuance,
diterbitkan, Medium-Term Notes ini tidak these Medium Term Notes were not ranked.
dilakukan pemeringkatan.
Tidak ada persyaratan penting dalam perjanjian There are no covenant in the agreement for the
Penerbitan Medium-Term Note Bank BRI issuance of Medium Term Note 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
Note BRI tersebut dimanfaatkan untuk Medium Term Note will be used to increase
menambah kebutuhan likuiditas Rupiah. rupiah liquidity needs.
218
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) Long-Term Notes yang Dilakukan Tanpa e) Long Term Note 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 2024/ 31 Des 2023/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Des 31, 2024 Dec 31, 2023 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% idAAA* 44.579 52.332 I Year 2022
Dec 27, 2022 Jun 27, 2036 months
II tahun 2023 - 25 Okt/ 25 Jan/ 159 bulan/ 0,55% idAAA* 54.995 59.485 II Year 2023
Oct 25, 2023 Jan 25, 2037 months
III tahun 2024 - 26 Mar/ 26 Feb/ 155 bulan/ 0,55% idAAA* 52.694 - III Year 2024
Mar 26, 2024 Feb 26, 2037 months
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Indonesia (Pefindo)
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 Note Conducted Without
Tanpa Melalui Penawaran Umum 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.
Penerimaan neto dari penerbitan Long-Term Net revenue 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 revenue from the issuance of BRI Long-
Notes BRI III tahun 2024 dimanfaatkan Term Notes III Year 2024 is used entirely
seluruhnya khusus untuk pembiayaan maupun specifically for financing and refinancing housing
membiayai kembali kredit Perumahan peserta loans of Tapera participants, as referred to in
Tapera sebagaimana dimaksud pada Undang- Law No. 4 of 2016 concerning Public Housing
Undang No. 4 Tahun 2016 Tentang Tabungan Savings, Government Regulation No. 25 of 2020
Perumahan Rakyat, Peraturan Pemerintah concerning the Implementation of Public
No 25 Tahun 2020 tentang Penyelenggaraan Housing Savings, Regulation of the Public
Tabungan Perumahan Rakyat, Peraturan Housing Savings Management Agency No. 6 of
Badan Pengelola Tabungan Perumahan 2021, and the applicable Cooperation and
Rakyat No 6 Tahun 2021 serta Perjanjian Agreement Agreement between the Public
Kerjasama dan Kesepakatan antara Badan Housing Savings Management Agency and PT
Pengelola Tabungan Perumahan Rakyat dan Bank Rakyat Indonesia (Persero) Tbk.
PT Bank Rakyat Indonesia (Persero) Tbk yang
berlaku.
219
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) Senior Unsecured Notes Due 2024 f) Senior Unsecured Notes Due 2024
(Sustainability Bond BRI Tahun 2019) (Sustainability Bond BRI Year 2019)
Pada tanggal 28 Maret 2019, BRI menerbitkan On March 28, 2019, BRI issued and listed the
dan mendaftarkan Obligasi BRI Tahun 2019 BRI Sustainability Bond Year 2019 with a
dengan nominal sebesar ASD500.000.000 nominal value of USD500,000,000 (full amount)
(angka penuh) pada Singapore Exchange on Singapore Exchange Securities Trading
Securities Trading Limited (SGX-ST). Obligasi Limited (SGX-ST). This bond was issued at
tersebut diterbitkan sebesar 99,713% atau 99.713%, which was equivalent to
setara dengan ASD498.565.000 (angka penuh) USD498,565,000 (full amount) and the interest
dan bunga obligasi tersebut dibayarkan setiap of this bond is paid every 6 (six) months, starting
6 (enam) bulan mulai tanggal 28 September from September 28, 2019.
2019.
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des 2023/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 Type
Mata uang asing Foreign Currency)
Senior Unsecured Notes The Bank of 28 Mar/ 28 Mar/ 5 tahun/ 3,95% Baa2**- - 500.000 Senior Unsecured
Due 2024 (Sustainability New York Mellon Mar 28, 2019 Mar 28, 2024 years BBB-*** Notes Due 2024
Bond BRI Tahun 2019 (Sustainability Bond
BRI Year 2019
**) Berdasarkan peringkat yang diterbitkan oleh Moody’s **) Based on rating issued by Moody’s
***) Berdasarkan peringkat yang diterbitkan oleh Fitch ***) Based on rating issued by Fitch
Senior Unsecured Notes Due 2024 Senior Unsecured Notes Due 2024
(Sustainability Bond BRI Tahun 2019) tidak (Sustainability Bond BRI Year 2019) 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 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.
220
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) Senior Unsecured Notes Due 2024 f) Senior Unsecured Notes Due 2024
(Sustainability Bond BRI Tahun 2019) (lanjutan) (Sustainability Bond BRI Year 2019) (continued)
Penerimaan neto dari penerbitan Obligasi BRI The net proceeds from the issuance of BRI
tersebut akan dimanfaatkan untuk mendanai Bonds are used to give funding to Eligible Project
Eligible Project sesuai dengan Sustainability in accordance with the Sustainability
Framework. Senior Unsecured Notes Due 2024 Framework. BRI has settled its Senior
(Sustainability Bond BRI Tahun 2019) dengan Unsecured Notes Due 2024 (BRI Sustainability
nilai ASD500.000 telah dilunasi oleh BRI pada Bond Year 2019) with a principal value of
tanggal jatuh temponya. USD500,000 on the maturity date.
g) BRI Finance g) BRI Finance
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 Type
Rupiah Rupiah
MTN II BRI Finance PT Bank Negara 17 Sep/ 17 Sep/ 3 tahun/ 6,40% idAA* - 500.000 MTN II BRI Finance
Tahun 2021 Indonesia Sep 17, 2021 Sep 17, 2024 years Year 2021
(Persero) Tbk
Obligasi I BRI Finance PT Bank Negara 9 Ags/ 9 Ags/ 3 tahun/ 6,95% idAA* 700.000 700.000 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 A PT Bank Negara 11 Jul/ 21 Jul/ 1 tahun/ 5,85% idAA* - 197.000 Series A
Indonesia Jul 11, 2023 Jul 21, 2024 years
(Persero) Tbk
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
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
Indonesia (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 The net proceeds from the issuance of
berharga tersebut dimanfaatkan untuk marketable securities are used for short-term
pembayaran pinjaman jangka pendek liabilities payment, strengthen BRI Finance’s
perbankan, memperkuat struktur pendanaan general funding structure, BRI Finance's
perseroan, ekpansi bisnis perusahaan (dalam business expansion (in this case for
hal ini adalah pembayaran pembiayaan baru disbursement payments and related to
dan ekspansi pembiayaan segmen konsumer). consumer segment).
Persyaratan penting dalam perjanjian MTN The important covenant stated in the agreement
adalah BRI Finance tanpa persetujuan tertulis of MTN is that BRI shall not, without the written
dari agen pemantau tidak akan mengurangi approval from the trustee, reduce the authorized,
modal dasar, ditempatkan dan disetor, issued and paid-up capital, as well as perform
melakukan penggabungan, pemisahan, merger, separation, consolidation and takeover
peleburan dan pengambilalihan perusahaan. of the company.
221
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) BRI Finance (lanjutan) g) 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, guarantee value of 50% of the MTN and bonds
mempertahankan nilai jaminan minimal 50% principal value and meet the covenants of
dari nilai pokok MTN dan obligasi serta financial soundness indicators with a minimum
memenuhi persyaratan tingkat kesehatan healthy 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.
h) PNM h) PNM
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des 2023/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 Type
Rupiah Rupiah
Obligasi Berkelanjutan III PNM Shelf Registration
PNM Bond III
Tahap I Tahun 2019 Phase I Year 2019
Seri B PT Bank Mega Tbk 29 Mei/ 28 Mei/ 5 tahun/ 9,85% idAA+* - 599.000 Series B
May 29, 2019 May 28, 2024 years
Tahap II Tahun 2019 Phase II Year 2019
Seri B PT Bank Mega Tbk 4 Mei/ 28 Nov/ 5 tahun/ 8,75% idAA+* - 763.500 Series B
May 4, 2019 Nov 28, 2024 years
Tahap III Tahun 2020 Phase IIII Year 2020
Seri B PT Bank Mega Tbk 4 Mei/ 30 Apr/ 5 tahun/ 9,00% idAA+* 194.900 194.900 Series B
May 4, 2020 Apr 30, 2025 years
Tahap IV Tahun 2020 Phase IV Year 2020
Seri C PT Bank Mega Tbk 4 Mei/ 4 Des/ 370 hari/ 8,75% idAA+* 292.000 292.000 Series C
May 4, 2020 Dec 4, 2025 days
Tahap V Tahun 2021 Phase V Year 2021
Seri B PT Bank Mega Tbk 18 Mar/ 17 Mar/ 3 tahun/ 7,25% idAA+* - 159.000 Series B
Mar 18, 2021 Mar 17, 2024 years
Seri C PT Bank Mega Tbk 18 Mar/ 17 Mar/ 5 tahun/ 8,25 idAA+* 339.200 339.200 Series C
Mar 18, 2021 Mar 17, 2026 years
Obligasi Berkelanjutan IV PNM Shelf Registration
PNM Bond IV
Tahap I Tahun 2021 Phase I Year 2021
Seri B PT Bank Mega Tbk 10 Des/ 10 Des/ 3 tahun/ 5,50% idAA+* - 1.000.000 Series B
Dec 10, 2021 Dec 10, 2024 years
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+* 626.500 626.500 Series B
Apr 22, 2022 Apr 22, 2025 years
222
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) PNM (lanjutan) h) PNM (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 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+* 116.000 116.000 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 years
Seri B PT Bank Mega Tbk 21 Mar/ 20 Mar/ 3 tahun/ 6,55% idAA+* 341.030 - Series B
Mar 21, 2024 Mar 20, 2027 years
Medium-Term Notes III PNM PNM MTN III
Venture Capital Venture Capital
Tahun 2023 Seri A PT Bank Rakyat 18 Jan/ 25 Jan/ 3 tahun/ 10,25% idA-* 200.000 200.000 Year 2023
Indonesia Tbk Jan 18, 2023 Jan 25, 2026 years Series A
Tahun 2023 Seri B PT Bank Rakyat 21 Jul/ 25 Jan/ 3 tahun/ 10,25% idA-* 150.000 150.000 Year 2023
Indonesia Tbk Jul 21, 2023 Jan 25, 2026 years Series B
Medium-Term Notes V PNM PNM MTN V
Venture Capital Venture Capital
Tahap II Phase II
Tahun 2024 PT Bank Rakyat 18 Des/ 18 Des/ 3 tahun/ 10,00% idA-* 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 B PT Bank Mega Tbk 8 Jul/ 8 Jul/ 3 tahun/ 18.025% idAA+(sy)* - 515.000 Series B
Jul 8, 2021 Jul 8, 2024 years
Seri C PT Bank Mega Tbk 8 Jul/ 8 Jul/ 5 tahun/ 13.080% idAA+(sy)* 327.000 327.000 Series C
Jul 8, 2021 Jul 8, 2026 years
Tahap II Tahun 2023 Phase II Year 2023
Seri A PT Bank Mega Tbk 11 Apr/ 21 Apr/ 1 tahun/ 18,467% idAA+(sy)* - 626.000 Series A
Apr 11, 2023 Apr 21, 2024 years
Seri B PT Bank Mega Tbk 11 Apr/ 11 Apr/ 3 tahun/ 36,987% idAA+(sy)* 1.095.900 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/ 22,65% idAA+(sy)* 169.060 - Series A
Jul 12, 2024 Jul 17, 2025 years
Seri B PT Bank Mega Tbk 12 Jul/ 12 Jul/ 3 tahun/ 47,24% idAA+(sy)* 1.330.940 - Series B
Jul 12, 2024 Jul 12, 2027 years
Sukuk Mudharabah III PNM PNM Sukuk
Tahun 2019 Mudharabah III
Year 2019
Tahap I PT Bank Syariah 18 Jun/ 18 Jun/ 5 tahun/ 19,00 idAA+(sy)* - 300.000 Phase I
Mandiri Jun 18, 2019 Jun 18, 2024 years
PNM Sukuk
Sukuk Mudharabah IV PNM Mudharabah IV
Series A
Tahun 2021 Seri A PT Bank Syariah 19 Jan/ 19 Jan/ 3 tahun/ 37,38% idAA+(sy)* - 712.000 Year 2021
Indonesia Jan 19, 2021 Jan 19, 2024 years Series A
Tahun 2021 Seri B PT Bank Syariah 10 Mar/ 10 Mar/ 3 tahun/ 40,95% idAA+(sy)* - 780.000 Year 2021
Indonesia Mar 10, 2021 Mar 10, 2024 years Series B
Tahun 2021 Seri D PT Bank Syariah 19 Feb/ 19 Jan/ 3 tahun/ 16,17% idAA+(sy)* - 308.000 Year 2021
Indonesia Feb 19, 2021 Jan 19, 2024 years Series D
Sukuk Mudharabah V PNM PNM Sukuk
Mudharabah V
Tahun 2022 Seri A PT Bank Syariah 22 Jul/ 22 Jul/ 2 tahun/ 45,00% idAA+(sy)* - 216.000 Year 2022
Mandiri Jul 22, 2022 Jul 22, 2024 years Series A
Tahun 2022 Seri B PT Bank Syariah 15 Sep/ 25 Sep/ 1 tahun/ 39,375% idAA+(sy)* - - Year 2022
Mandiri Sep 15, 2022 Sep 25, 2023 year Series B
Tahun 2022 Seri C PT Bank Syariah 25 Mei/ 5 Jun/ 1 tahun/ 48,75% idAA+(sy)* - 250.000 Year 2022
Mandiri May 25, 2023 Jun 5, 2024 year Series C
Sukuk Mudharabah VI PNM PNM Sukuk
Mudharabah VI
Tahap I tahun 2024 PT Bank Syariah 22 Ags/ 2 Sep/ 1 tahun/ 25,93% 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/ 26,67% idAA+(sy)* 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/ 26,67% idAA+(sy)* 110.000 - Phase II Year 2024
Indonesia Nov 26, 2024 Nov 26, 2027 year
Tahap IV tahun 2024 PT Bank Syariah 19 Des/ 19 Des/ 1 tahun/ 25,93% idAA+(sy)* 150.000 - Phase II Year 2024
Indonesia Dec 19, 2024 Dec 19, 2027 year
Indonesia Aug 22, 2024 Sep 2, 2025 year
*) Berdasarkan peringkat yang diterbitkan oleh PT Pemeringkat Efek Indonesia (Pefindo) *) Based on rating issued by PT Pemeringkat Efek Indonesia (Pefindo)
223
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) PNM (lanjutan) h) PNM (continued)
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 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 covenance in the issuance of Sukuk
Mudharabah Berkelanjutan I, Sukuk Mudharabah Berkelanjutan I, Sukuk
Mudharabah III, IV dan V. Mudharabah III, IV, and V.
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;
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 a
perjanjian perusahaan yang berdampak 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.
224
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
i) Pegadaian i) Pegadaian
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 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* 142.000 142.000 Series C
Jul 8, 2020 Jul 8, 2025 years
Tahap IV Tahun 2021 Phase IV Year 2021
Seri B PT Bank Mega Tbk 6 Apr/ 6 Apr/ 3 tahun/ 6,20% idAAA* - 1.107.500 Series B
Apr 6, 2021 Apr 6, 2024 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* 598.000 598.000 Series B
Apr 26, 2022 Apr 26, 2025 year
Tahap II Tahun 2022 Phase II Year 2022
Seri B PT Bank Mega Tbk 16 Ags/ 16 Ags/ 3 tahun/ 5,75% idAAA* 276.000 276.000 Series B
Aug 16, 2022 Aug 26, 2025 year
Tahap III Tahun 2023 Phase III Year 2023
Seri A PT Bank Mega Tbk 16 Jun/ 26 Jun/ 1 tahun/ 5,80% idAAA* - 1.595.000 Series A
Jun 16, 2023 Jun 26, 2024 year
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 26, 2026 year
Tahap IV Tahun 2023 Phase IV Year 2023
Seri A PT Bank Mega Tbk 24 Ags/ 4 Sep/ 1 tahun/ 5,90% idAAA* - 2.205.135 Series A
Aug 24, 2023 Sep 4, 2024 year
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 year
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 2024 Feb 16, 2025 year
Seri B PT Bank Mega Tbk 6 Feb/ 6 Feb/ 3 tahun/ 6,20% idAAA* 201.190 - Series B
Feb 2024 Feb 6, 2027 year
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 - Series B
Jul 5, 2024 Jul 5, 2027 year
Obligasi Sosial Berkelanjutan Pegadaian Shelf
I Pegadaian Registration Social
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 - Series B
Jul 5, 2024 Jul 5, 2025 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 80.500 Series C
Jul 8, 2020 Jul 8, 2025 years
Tahap IV Tahun 2021 Phase IV Year 2021
Seri B PT Bank Mega Tbk 6 Apr/ 6 Apr/ 3 tahun/ 6,20% idAAA* - 165.800 Series B
Apr 6, 2021 Apr 6, 2024 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* 320.000 320.000 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* 245.000 245.000 Series B
Aug 16, 2022 Aug 16, 2025 years
Tahap III Tahun 2023 PT Bank Mega Tbk 16 Jun/ 26 Jun/ 1 tahun/ 3,95% idAAA* - 605.000 Phase III
Jun 16, 2023 Jun 26, 2024 year Year 2023
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* 50.800 - 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 - 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
225
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
i) Pegadaian (lanjutan) i) Pegadaian (continued)
Tingkat Bunga
Tanggal Tanggal Jangka per tahun/
Wali Amanat/ Mulai/ Jatuh Tempo/ Waktu/ Interest Rate Peringkat/ 31 Des 2024/ 31 Des/
Jenis Trustee Start Date Maturity Date Tenor per annum Rating Dec 31, 2024 Dec 31, 2023 Type
Rupiah Rupiah
Sukuk Mudharabah Pegadaian Shelf
Berkelanjutan III Pegadaian Registration Sukuk
Mudharabah III
Tahap III Tahun 2024 Phase II Year 2024
Seri A PT Bank Mega Tbk 24 Des/ 4 Jan/ 1 tahun/ 6,25% idAAA* 725.005 - Series A
Dec 24, 2024 Jan 4, 2025 year
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 - Series A
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
*) 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.
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
Bank Indonesia Bank Indonesia
Pinjaman likuiditas 14.285 15.589 Liquidity borrowing
Pinjaman lainnya 5.607 4.293 Other borrowings
Pinjaman lainnya 41.171.174 30.494.075 Other borrowings
41.191.066 30.513.957
226
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Mata uang asing Foreign currency
Pinjaman sindikasi social dan club loan Syndicated Borrowing -
setelah dikurangi biaya transaksi Social and club loan
yang belum diamortisasi 12.797.756 - net of unamortized
Pinjaman sustainability-linked loan Sustainability-linked loan borrowing
setelah dikurangi biaya transaksi net of unamortized
yang belum diamortisasi 12.736.122 12.240.042 transaction cost
Pinjaman sindikasi club loan Syndicated Borrowing - Club loan
setelah dikurangi biaya transaksi net of unamortized
yang belum diamortisasi 4.818.188 4.600.226 transaction cost
Pinjaman dari BNP Paribas Borrowing from BNP Paribas
setelah dikurangi biaya transaksi net of unamortized
yang belum diamortisasi 64.233 173.416 transaction cost
Pinjaman lainnya 19.606.152 25.220.514 Other Borrowings
50.022.451 42.234.198
91.213.517 72.748.155
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Pinjaman dari Borrowing from
PT Bank Mandiri (Persero) Tbk 20.145.401 12.287.085 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 7.822.181 4.518.885 (Persero) Tbk
Pusat Investasi Pemerintah 7.399.922 7.300.588 Government Investment Center
PT Bank Syariah Indonesia Tbk 955.477 914.403 PT Bank Syariah Indonesia Tbk
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 317.801 337.724 (Persero)
PT Danareksa Finance 25.000 25.000 PT Danareksa Finance
PT Bank Hibank Indonesia 505 947 PT Bank Hibank Indonesia
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk - 718.026 (Persero) Tbk
36.666.287 26.102.658
Total 127.879.804 98.850.813 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
1 bulan 26.144.310 20.340.495 1 months
> 1 bulan - 3 bulan 3.674.249 1.822.112 > 1 month - 3 months
> 3 bulan - 1 tahun 2.578.442 5.877.585 > 3 months - 1 year
> 1 tahun - 5 tahun 8.788.458 2.468.152 > 1 year - 5 years
> 5 tahun 5.607 5.613 > 5 years
41.191.066 30.513.957
227
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 (lanjutan): (continued):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Mata uang asing Foreign currency
1 bulan 5.363.602 5.551.192 1 months
> 1 bulan - 3 bulan 8.755.533 19.358.816 > 1 month - 3 months
> 3 bulan - 1 tahun 11.794.546 - > 3 months - 1 year
> 1 tahun - 5 tahun 24.108.770 17.318.975 > 1 year - 5 years
> 5 tahun - 5.215 > 5 years
50.022.451 42.234.198
91.213.517 72.748.155
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
1 bulan 20.422.680 15.530.752 1 months
> 1 bulan - 3 bulan 3.755.919 420.371 > 1 months - 3 months
> 3 bulan - 1 tahun 5.771.248 2.180.139 > 3 month - 1 year
> 1 tahun - 5 tahun 6.702.818 7.956.760 > 1 year - 5 years
> 5 tahun 13.622 14.636 > 5 years
36.666.287 26.102.658
Total 127.879.804 98.850.813 Total
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/December 31, 2024 31 Desember/December 31, 2023
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 5.607 4.293 Others
Lainnya Others
PT Bank Central Asia Tbk 16.435.265 12.890.155 PT Bank Central Asia Tbk
PT Bank Permata Tbk 3.789.996 1.504.000 PT Bank Permata Tbk
PT Bank CIMB Niaga Tbk 3.768.454 506.028 PT Bank CIMB Niaga Tbk
PT Bank Maybank Indonesia Tbk 2.026.025 2.387.528 PT Bank Maybank Indonesia Tbk
PT Bank DKI 1.768.970 1.228.127 PT Bank DKI
PT Bank SMBC Indonesia Tbk 1.300.000 2.000.000 PT Bank SMBC Indonesia Tbk
PT Bank HSBC Indonesia 1.227.001 1.299.992 PT Bank HSBC Indonesia
PT Bank Pan Indonesia Tbk 1.205.027 203.969 PT Bank Pan Indonesia Tbk
PT Bank DBS 1.000.000 - PT Bank DBS
PT Bank UOB Indonesia 950.000 - PT Bank UOB Indonesia
PT Bank of India Indonesia Tbk 756.028 742.761 PT Bank of India Indonesia Tbk
PT Bank BNP Paribas 600.000 - PT Bank BNP Paribas
PT Bank Danamon Indonesia Tbk 504.008 500.000 PT Bank Danamon Indonesia Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Daerah Istimewa Yogyakarta 497.450 391.215 Daerah Istimewa Yogyakarta
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Tengah 462.856 198.911 Kalimantan Tengah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Barat dan Banten Tbk 416.667 720.508 Jawa Barat dan Banten Tbk
PT Bank SBI Indonesia 399.968 399.670 PT Bank SBI Indonesia
PT Bank ICBC Indonesia 399.988 200.000 PT Bank ICBC Indonesia
228
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2024 31 Desember/December 31, 2023
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
Lainnya Others
Citibank N.A. 350.000 649.995 Citibank N.A
PT Bank of China 350.000 200.000 PT Bank of China
PT Bank QNB Indonesia Tbk 350.000 100.000 PT Bank QNB Indonesia Tbk
The Bank of Tokyo Mitsubishi UFJ 350.000 - The Bank of Tokyo Mitsubishi UFJ
Bank Mizuho 300.000 200.000 Bank Mizuho
PT Bank Shinhan Indonesia 280.935 - PT Bank Shinhan Indonesia
PT Bank Maspion Indonesia Tbk 275.000 - PT Bank Maspion Indonesia Tbk
PT Bank Panin Dubai Syariah Tbk 264.687 74.596 PT Bank Panin Dubai Syariah Tbk
PT Bank China Construction Bank PT Bank China Construction Bank
Indonesia Tbk 257.544 374.115 Indonesia Tbk
PT Bank Resona Perdania 249.755 162.328 PT Bank Resona Perdania
PT Bank Victoria International Tbk 228.223 662.222 PT Bank Victoria International Tbk
PT Bank IBK Indonesia Tbk 123.013 274.659 PT Bank IBK Indonesia Tbk
PT Bank Oke Indonesia Tbk 85.549 257.399 PT Bank Oke Indonesia Tbk
PT Bank BCA Syariah 74.874 152.446 PT Bank BCA Syariah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Kalimantan Selatan 48.032 74.871 Kalimantan Selatan
PT OCBC NISP Tbk 35.000 - PT OCBC NISP Tbk
PT Bank Aceh Syariah 28.995 - PT Bank Aceh Syariah
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Sulawesi Selatan dan Sulawesi Selatan dan
Sulawesi Barat 10.301 47.473 Sulawesi Barat
Lembaga Pengelola Dana Bergulir 1.563 7.937 Lembaga Pengelola Dana Bergulir
PT Bank DKI - unit usaha syariah - 750.000 PT Bank DKI - unit usaha syariah
PT Bank Permata Tbk - PT Bank Permata Tbk -
unit usaha syariah - 350.000 unit usaha syariah
PT Bank Muamalat Indonesia Tbk - 304.167 PT Bank Muamalat Indonesia Tbk
PT Bank CIMB Niaga Tbk - PT Bank CIMB Niaga Tbk -
unit usaha syariah - 300.000 unit usaha syariah
PT Bank National Nobu Tbk - 150.000 PT Bank National Nobu Tbk
PT Bank JTrust Indonesia Tbk - 110.541 PT Bank JTrust Indonesia Tbk
PT Bank Aladin Syariah Tbk - 100.000 PT Bank Aladin Syariah Tbk
PT Bank Ina Perdana Tbk - 13.662 PT Bank Ina Perdana Tbk
PT Bank Danamon Indonesia - PT Bank Danamon Indonesia -
unit usaha syariah - 4.800 unit usaha syariah
41.171.174 30.494.075
41.176.781 30.498.368
Mata uang asing Foreign currency
Dolar Amerika Serikat United States Dollar
MUFG Bank Ltd, 445.000.000 7.162.275 314,000.000 4.834.658 MUFG Bank Ltd,
PT Bank HSBC Indonesia 200.000.000 3.219.000 - PT Bank HSBC Indonesia
The Bank of New York Mellon The Bank of New York Mellon
Corporation 120.000.000 1.931.400 150.000.000 2.309.550 Corporation
Standard Chartered Bank, Jakarta 110.000.000 1.770.450 392.186.984 6.038.503 Standard Chartered Bank, Jakarta
CTBC Bank Co, Ltd, 81.276.048 1.308.138 86.263.883 1.328.205 CTBC Bank Co. Ltd
United Overseas Bank Limited 75.789.251 1.219.828 100,000.000 1.539.700 United Overseas Bank Limited
OCBC Ltd, 50.000.000 804.750 115.000.000 1.770.655 OCBC Ltd,
Mashreq Bank 30.000.000 482.850 50.000.000 769.850 Mashreq Bank
PT Bank Danamon Indonesia Tbk 24.067.847 387.372 27.627.395 425.379 PT Bank Danamon Indonesia Tbk
Asian Development Bank 284.374 4.577 338.702 5.215 Asian Development Bank
DBS Bank. Ltd. - 200.000.000 3.079.400 DBS Bank. Ltd.
Emirates NBD - 86.284.991 1.328.530 Emirates NBD
Citibank N.A - 50.000.000 769.850 Citibank N.A
Wells Fargo Bank. N.A. 30.000.000 461.910 Wells Fargo Bank. N.A.
BNP Paribas - 19.675.000 302.936 BNP Paribas
JP Morgan Chase Bank N.A. - 38.839 598 JP Morgan Chase Bank N.A.
18.290.640 24.964.939
229
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2024 31 Desember/December 31, 2023
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
Mata uang asing Foreign currency
Euro Eropa European Euro
Emirates NBD 43.500.000 728.978 - Emirates NBD
PT Bank HSBC Indonesia 35.000.000 586.534 15.000.000 255.575 PT Bank HSBC Indonesia
1.315.512 255.575
19.606.152 25.220.514
Total 60.782.933 55.718.882 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 year
berakhir pada tanggal-tanggal 31 Desember ended December 31, 2024 and 2023.
2024 dan 2023 masing-masing adalah sebesar
0,02%.
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
230
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (lanjutan) b) Syndicated borrowing - club loan (continued)
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
(lanjutan): (continued):
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 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.
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
231
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (lanjutan) c) Borrowing from BNP Paribas (continued)
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.
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 A sebesar ASD200.000.000 (nilai a. Facility A amounted to USD200,000,000
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 12 (dua loan term is 12 (twelve) months from
belas) bulan sejak tanggal 15 September September 15, 2022 and mature on
2022 dan telah jatuh tempo pada tanggal September 15, 2023.
15 September 2023.
232
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 B sebesar ASD300.000.000 (nilai b. 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 will mature on
September 2022 dan akan 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
233
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
c. Fasilitas C sebesar ASD500.000.000 (nilai c. 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
234
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan As of December 31, 2024 and 2023, BRI has
2023, BRI telah memenuhi persyaratan penting, fulfilled the important requirements outlined in
dalam perjanjian pinjaman yang diterima. the fund borrowing agreements.
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 loan ANZ Banking 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 17.500.000 Social loan
Fasilitas A Group Ltd Aug 6, 2024 Jul 27 2027 months + marjin tertentu/ A Facility
Singapore TSOFR
+ certain margin
Social loan PT Bank ANZ 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 62.500.000 Social loan
Fasilitas A Indonesia Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social loan Bank of China 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 39.000.000 Social loan
Fasilitas A Co.,Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social loan Bank of China 6 Ags/ 27 Jul / 36 bulan/ TSOFR ASD/ USD 25.000.000 Social loan
Fasilitas A Co.,Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Indonesia TSOFR
+ certain margin
Social loan Bank of China 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 40.000.000 Social loan
Fasilitas A Co.,Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Singapore TSOFR
+ certain margin
Social loan Citibank N.A. 6 Ags/ 27 Jul / 36 bulan/ TSOFR ASD/ USD 60.000.000 Social loan
Fasilitas A Indonesia Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
235
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 loan Citibank N.A. 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 20.000.000 Social loan
Fasilitas A Singapore Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social loan CTBC Bank 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 80.000.000 Social loan
Fasilitas A Co., Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social loan Development 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 80.000.000 Social loan
Fasilitas A Bank Singapore Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Bank Ltd TSOFR
+ certain margin
Social loan The Hongkong and 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 80.000.000 Social loan
Fasilitas A Shanghai Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Banking Co.,Ltd TSOFR
Singapore + certain margin
Social loan PT Bank Mizuho 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 80.000.000 Social loan
Fasilitas A Indonesia Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social loan Overseas-Chinese 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 71.000.000 Social loan
Fasilitas A Banking Co., Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin
Social loan PT Bank OCBC 6 Ags/ 27 Jul// 36 bulan/ TSOFR ASD/ USD 25.000.000 Social loan
Fasilitas A NISP Tbk Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
Indonesia TSOFR
+ certain margin
Social loan United Overseas 6 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 120.000.000 Social loan
Fasilitas A Bank Co., Ltd Aug 6, 2024 Jul 27, 2027 months + marjin tertentu/ A Facility
TSOFR
+ certain margin ___________
800.000.000
236
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 B sebesar ASD200.000.000 (nilai a. 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 loan ANZ Banking 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 20.000.000 Social loan
Fasilitas B Group Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Singapore TSOFR
+ certain margin
Social loan Bank of China 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 16.000.000 Social loan
Fasilitas B Co.,Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social loan Bank of China 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 10.000.000 Social loan
Fasilitas B Co.,Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Singapore TSOFR
+ certain margin
Social loan Citibank N.A. 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 20.000.000 Social loan
Fasilitas B Singapore Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social loan CTBC Bank 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 20.000.000 Social loan
Fasilitas B Co., Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social loan Development 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 20.000.000 Social loan
Fasilitas B Bank Singapore Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Bank Ltd TSOFR
+ certain margin
Social loan The Hongkong and 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 20.000.000 Social loan
Fasilitas B Shanghai Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Banking Co.,Ltd TSOFR
Singapore + certain margin
Social loan Mizuho Bank 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 20.000.000 Social loan
Fasilitas B Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
Singapore TSOFR
+ certain margin
Social loan Overseas-Chinese 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 24.000.000 Social loan
Fasilitas B Banking Co., Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin
Social loan United Overseas 22 Ags/ 27 Jul/ 36 bulan/ TSOFR ASD/ USD 30.000.000 Social loan
Fasilitas B Bank Co., Ltd Aug 22, 2024 Jul 27, 2027 months + marjin tertentu/ B Facility
TSOFR
+ certain margin ___________
200.000.000
237
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan As of December 31, 2024 and 2023, BRI has
2023, 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/ 6,50 IDR 121.110 WCC Facility
(Persero) Tbk May 14, 2024 May 13, 2025 months
Fasilitas Pinjaman PT Bank Mandiri 20 Des/ 3 Jan/ 14 hari/ 5.8 IDR 1.911.000 Short term loan-facility
Jangka Pendek (Persero) Tbk Dec 20, 2024 Jan 3, 2025 days
Fasilitas Pinjaman PT Bank Mandiri 24 Des/ 7 Jan/ 14 hari/ 6,10 IDR 7.339.000 Short term loan-facility
Jangka Pendek (Persero) Tbk Dec 24, 2024 Jan 7, 2025 days
Fasilitas Pinjaman PT Bank Mandiri 27 Des/ 10 Jan/ 14 hari/ 6,10 IDR 1.500.000 Short term loan-facility
Jangka Pendek (Persero) Tbk Dec 27, 2024 Jan 10, 2025 days
Fasilitas Pinjaman PT Bank Mandiri 27 Des/ 10 Jan/ 14 hari/ 5.70 IDR 850.000 Short term loan-facility
Jangka Pendek (Persero) Tbk Dec 27, 2024 Jan 10, 2025 days
Fasilitas Pinjaman PT Bank Mandiri 31 Des/ 14 Jan/ 14 hari/ 6.10 IDR 7.400.000 Short term loan-facility
Jangka Pendek (Persero) Tbk Dec 31, 2024 Jan 14, 2025 days
Fasilitas KMK PT Bank Negara 15 Jan/ 14 Jan/ 12 bulan/ 6,50 IDR 97.681 WCC Facility
Indonesia Jan 15, 2023 Jan 14, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 26 June/ 18 Feb/ 8 bulan/ 6,30 IDR 450.000 Short term loan-facility
Jangka Pendek Indonesia June 26, 2024 Feb 18, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 27 June/ 20 Feb/ 8 bulan/ 6,30 IDR 450.000 Short term loan-facility
Jangka Pendek Indonesia June 27, 2024 Feb 20, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 12 Sep/ 8 Apr/ 6 bulan/ 6,15 IDR 250.000 Short term loan-facility
Jangka Pendek Indonesia Sep 12, 2024 Apr 8, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 22 Okt/ 17 Feb/ 4 bulan/ 6,30 IDR 450.000 Short term loan-facility
Jangka Pendek Indonesia Oct 22, 2024 Feb 17, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 23 Okt/ 18 Feb/ 4 bulan/ 6,30 IDR 450.000 Short term loan-facility
Jangka Pendek Indonesia Oct 23, 2024 Feb 18, 2025 months
(Persero) Tbk
238
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (lanjutan)
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 28 Okt/ 24 Feb/ 4 bulan/ 6,30 IDR 900.000 Short term loan-facility
Jangka Pendek Indonesia Oct 28, 2024 Feb 24, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 13 Nov/ 13 Mar/ 4 bulan/ 6,20 IDR 400.000 Short term loan-facility
Jangka Pendek Indonesia Nov 13, 2024 Mar 13, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 15 Nov/ 14 Mar/ 4 bulan/ 6,20 IDR 500.000 Short term loan-facility
Jangka Pendek Indonesia Nov 15, 2024 Mar 14, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 13 Dec/ 11 Apr/ 4 bulan/ 6,15 IDR 750.000 Short term loan-facility
Jangka Pendek Indonesia Dec 13, 2024 Apr 11, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 20 Dec/ 16 Apr/ 4 bulan/ 5,85 IDR 500.000 Short term loan-facility
Jangka Pendek Indonesia Dec 20, 2024 Apr 16, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 23 Dec/ 22 Apr/ 4 bulan/ 5,85 IDR 1.000.000 Short term loan-facility
Jangka Pendek Indonesia Dec 23, 2024 Apr 22, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 24 Dec/ 23 Apr/ 4 bulan/ 5,85 IDR 500.000 Short term loan-facility
Jangka Pendek Indonesia Dec 24, 2024 Apr 23, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Negara 31 Dec/ 30 Apr/ 4 bulan/ 5,85 IDR 500.000 Short term loan-facility
Jangka Pendek Indonesia Dec 31, 2024 Apr 30, 2025 months
(Persero) Tbk
Fasilitas KMK PT Bank Central 26 Jul/ 26 Jan/ 6 bulan/ 6,90 IDR 118.911 WCC Facility
Asia Tbk Jul 26, 2024 Jan 26, 2025 months
Fasilitas Pinjaman PT Bank Central 9 Juni/ 9 Juni/ 12 Bulan/ 6,70 IDR 50.000 Short term loan-facility
Jangka Pendek Asia Tbk June 9, 2024 June 9, 2025 months
Fasilitas Pinjaman PT Bank Central 27 Des/ 2 Jan/ 6 hari/ 6,20 IDR 2.450.000 Short term loan-facility
Jangka Pendek Asia Tbk Dec 27, 2024 Jan 2, 2025 days
Fasilitas Pinjaman PT Bank Central 27 Des/ 3 Jan/ 7 hari/ 6,20 IDR 3.300.000 Short term loan-facility
Jangka Pendek Asia Tbk Dec 27, 2024 Jan 2, 2025 days
Fasilitas Pinjaman PT Bank Central 31 Des/ 7 Jan/ 7 hari/ 6,20 IDR 3.450.000 Short term loan-facility
Jangka Pendek Asia Tbk Dec 31, 2024 Jan 7, 2025 days
Fasilitas Pinjaman PT Bank Central 31 Des/ 8 Jan/ 8 hari/ 6,20 IDR 3.500.000 Short term loan-facility
Jangka Pendek Asia Tbk Dec 31, 2024 Jan 7, 2025 days
Fasilitas Pinjaman PT Bank ICBC 27 Des/ 24 Jan/ 1 bulan/ 6,20 IDR 200.000 Short term loan-facility
Jangka Pendek Indonesia Dec 27, 2024 Jan 24, 2025 months
Fasilitas Pinjaman PT Bank Permata 18 Okt/ 17 Jan/ 3 bulan/ 6,35 IDR 600.000 Short term loan-facility
Jangka Pendek Tbk Oct 18, 2024 Jan 17, 2025 months
Fasilitas Pinjaman PT Bank Permata 29 Okt/ 23 Jan/ 3 bulan/ 6,25 IDR 500.000 Short term loan-facility
Jangka Pendek Tbk Oct 29, 2024 Jan 23, 2025 months
Fasilitas Pinjaman PT Bank Permata 1 Nov/ 24 Jan/ 3 bulan/ 6,25 IDR 650.000 Short term loan-facility
Jangka Pendek Tbk Nov 1, 2024 Jan 24, 2025 months
Fasilitas Pinjaman PT Bank SMBC 30 Sep/ 30 Jan/ 4 bulan/ 6,25 IDR 750.000 Short term loan-facility
Jangka Pendek Indonesia Tbk Sep 30, 2024 Jan 30, 2025 months
Fasilitas Pinjaman PT Bank SMBC 6 Dec/ 6 Jan/ 1 bulan/ 6,20 IDR 100.000 Short term loan-facility
Jangka Pendek Indonesia Tbk Dec 6 2024 Jan 6, 2025 months
Fasilitas Pinjaman PT Bank UOB 28 Nov/ 02 Jan/ 1 bulan/ 6,20 IDR 500.000 Short term loan-facility
Jangka Pendek Indonesia Tbk Nov 28, 2024 Jan 02, 2025 months
239
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (lanjutan)
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 Syariah 10 Feb/ 10 Feb/ 12 bulan/ 6,00% IDR 151.398 WCC Facility
Indonesia Tbk Feb 10, 2024 Feb 10, 2025 months
Fasilitas Pinjaman PT Bank Syariah 13 Des/ 10 Jan/ 1 bulan/ 6,20 IDR 400.000 Short-term loan facility
Jangka Pendek Indonesia Tbk Dec 13, 2024 Jan 10, 2025 months
Fasilitas Pinjaman PT Bank Syariah 16 Des/ 13 Jan/ 1 bulan/ 6,20 IDR 400.000 Short-term loan facility
Jangka Pendek Indonesia Tbk Dec 16, 2024 Jan 13, 2025 months
Fasilitas Pinjaman PT Bank BTPN 11 Okt/ 10 Jan/ 3 bulan/ 6,25 IDR 200.000 Short-term loan facility
Jangka Pendek Syariah Tbk Oct 11, 2024 Jan 10, 2025 months
Fasilitas Pinjaman PT Bank CIMB 19 Des/ 14 Jan/ 1 bulan/ 6,20 IDR 500.000 Short-term loan facility
Jangka Pendek Niaga Tbk Dec 19, 2024 Jan 14, 2025 months
Fasilitas Pinjaman PT Bank CIMB 20 Des/ 17 Jan/ 1 bulan/ 6,20 IDR 2.000.000 Short-term loan facility
Jangka Pendek Niaga Tbk Dec 20, 2024 Jan 17, 2025 months
Fasilitas Pinjaman PT Bank CIMB 24 Des/ 21 Jan/ 1 bulan/ 6,20 IDR 500.000 Short-term loan facility
Jangka Pendek Niaga Tbk Dec 24, 2024 Jan 21, 2025 months
Fasilitas Pinjaman PT Bank Maybank 25 Okt/ 24 Jan/ 1 bulan/ 6,30 IDR 800.000 Short-term loan facility
Jangka Pendek Indonesia Tbk Oct 25, 2024 Jan 24, 2025 months
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 2024 As of December 31, 2024 and 2023, Subsidiary
dan 2023, Entitas anak telah memenuhi has fulfilled the important requirements outlined
persyaratan penting, dalam perjanjian pinjaman in the fund borrowing agreements.
yang diterima.
240
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 21 Jun/ 20 Jun/ 12 bulan/ 6,50 IDR 500.000 WCC Facility
Indonesia Jun 21, 2024 Jun 20, 2025 months
(Persero) Tbk
Fasilitas KMK PT Bank Negara 24 Jun/ 23 Jun/ 12 bulan/ 6,50 IDR 500.000 WCC Facility
Indonesia Jun 24, 2024 Jun 23, 2025 months
(Persero) Tbk
Fasilitas KMK PT Bank Negara 17 Sep/ 25 Sep/ 12 bulan/ 6,50 IDR 166.000 WCC Facility
Indonesia Sep 17, 2023 Sep 25, 2025 months
(Persero) Tbk
Fasilitas Pinjaman PT Bank Mandiri 27 Des/ 8 Jan/ 1 bulan/ 6,35 IDR 500.000 Short-term loan facility
Jangka Pendek (Persero) Tbk Dec 27, 2024 Jan 8, 2025 months
Pendek
Fasilitas KMK PT Bank Syariah 20 Mei/ 20 Apr/ 35 bulan/ 9,00 IDR 2.000 WCC Facility
Indonesia Tbk May 20, 2024 Apr 20, 2027 months
Fasilitas KMK PT Bank Syariah 25 Mei/ 25 Apr/ 35 bulan/ 9,00 IDR 3.000 WCC Facility
Indonesia Tbk May 25, 2024 Apr 25, 2027 months
Fasilitas Uncomitted PT Sarana 22 Jun/ 20 Jun/ 36 bulan/ 6,15 IDR 24.372 Uncomitted Facility Line
Facility Line Multigriya Finansial Jun 22, 2022 Jun 20, 2025 months facility
(Persero)
Fasilitas Uncomitted PT Sarana 12 Jun/ 12 Jun/ 24 bulan/ 6,55 IDR 69.475 Uncomitted Facility Line
Facility Line Multigriya Finansial Jun 12, 2023 Jun 22, 2025 months facility
(Persero)
Fasilitas Uncomitted PT Sarana 5 Ags/ 5 Ags/ 24 bulan/ 7,00 IDR 85.466 Uncomitted Facility Line
Facility Line Multigriya Finansial Aug 5, 2024 Aug 5, 2026 months facility
(Persero)
Fasilitas Mudharabah PT Sarana 22 Jun/ 22 Jun/ 36 bulan/ 6,15 IDR 25.671 Mudharabah Muqayyadah
Muqayyadah Multigriya Finansial Jun 22, 2022 Jun 22, 2025 months facility
(Persero)
Fasilitas Mudharabah PT Sarana 12 Jun/ 12 Jun/ 24 bulan/ 6,65 IDR 67.604 Mudharabah Muqayyadah
Muqayyadah Multigriya Finansial Jun 22, 2023 Jun 22, 2025 months facility
(Persero)
Fasilitas Mudharabah PT Sarana 5 Ags/ 5 Ags/ 24 bulan/ 7,00 IDR 181.349 Mudharabah Muqayyadah
Muqayyadah Multigriya Finansial Aug 5, 2024 Aug 5, 2026 months facility
(Persero)
Fasilitas KMK PT Sarana 8 Feb/ 8 Feb/ 36 bulan/ 7,76 IDR 930 WCC Facility
Multigriya Finansial Sep 8, 2023 Feb 8, 2026 months
(Persero)
Fasilitas KMK PT Sarana 9 Ags/ 9 Ags/ 36 bulan/ 7,76 IDR 287 WCC Facility
Multigriya Finansial Aug 9, 2023 Aug 9, 2026 months
(Persero) Tbk
Fasilitas Ultra Mikro (Umi) Pusat Investasi 31 Mei/ 10 Jun/ 36 bulan/ 4,00 IDR 500.000 Ultra Micro (Umi) facility
Pemerintah/ May 31, 2022 Jun 10, 2025 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 18 Ags/ 10 Jun/ 34 bulan/ 4,00 IDR 500.000 Ultra Micro (Umi) facility
Pemerintah/ Aug 18, 2022 Jun 10, 2025 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 20 Sep/ 10 Jun/ 33 bulan/ 4,00 IDR 250.000 Ultra Micro (Umi) facility
Pemerintah/ Sep 20, 2022 Jun 10, 2025 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 7 Des/ 10 Des/ 36 bulan/ 4,00 IDR 450.000 Ultra Micro (Umi) facility
Pemerintah/ Dec 7, 2022 Dec 10, 2025 months
Government
Investment
Center
241
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 23 Feb/ 10 Des/ 34 bulan/ 4,00 IDR 150.000 Ultra Micro (Umi) facility
Pemerintah/ Feb 23, 2023 Dec 10, 2025 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 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 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
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 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 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 31 Mei / 10 Jun/ 36 bulan/ 4,00 IDR 500.000 Ultra Micro (Umi) facility
Pemerintah/ May 31, 2022 Jun 10, 2025 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 18 Ags/ 10 Jun/ 34 bulan/ 4,00 IDR 500.000 Ultra Micro (Umi) facility
Pemerintah/ Aug 18, 2022 Jun 10, 2025 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 20 Sep/ 10 Jun/ 33 bulan/ 4,00 IDR 250.000 Ultra Micro (Umi) facility
Pemerintah/ Sep 20, 2022 Jun 10, 2025 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 7 Des/ 10 Des/ 36 bulan/ 4,00 IDR 1.050.000 Ultra Micro (Umi) facility
Pemerintah/ Dec 7, 2022 Dec 10, 2025 months
Government
Investment
Center
Fasilitas Ultra Mikro (Umi) Pusat Investasi 30 Jan/ 10 Des/ 34 bulan/ 4,00 IDR 350.000 Ultra Micro (Umi) facility
Pemerintah/ Jan 30, 2023 Dec 10, 2025 months
Government
Investment
Center
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
242
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 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 8 Mar/ 20 Des/ 33 bulan/ 4,00 IDR 560.000 Ultra Micro (Umi) facility
Pemerintah/ Mar 8, 2024 Des 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 Des 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 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 KMK Lembaga Pengelola 31 Mar/ 7 Mei/ 49 bulan/ 6,75 IDR 15.000 WCC Facility
Dana Bergulir Mar 31, 2021 May 7, 2025 months
Fasilitas Mikro Kredit Asian Development 1 Sep/ 1 Des/ 231bulan/ Foreign loans ASD/USD 757,551 Micro loan facility
Bank Sep 1, 2009 Dec 1, 2028 months + 0,35
Fasilitas Kredit Investasi PT Bank Central 22 Des/ 22 Des/ 36 bulan/ 9,00 IDR 30.000 Investment loan facility
Asia Tbk Dec 22, 2022 Dec 22, 2025 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 13, 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 Rekening Koran PT Bank Central 31 Des/ 3 Jan/ 3 hari/ 6,60 IDR 77 PRK Facility
(PRK) Asia Tbk Dec 31, 2024 Jan 3, 2025 Days
Fasilitas KMK PT BCA Syariah 22 Okt/ 22 Okt/ 60 bulan/ 18,00 IDR 30.000 WCC Facility
Oct 22, 2021 Oct 22, 2026 months
Fasilitas Mudharabah PT BCA Syariah 17 Des/ 17 Jan/ 1 bulan/ 6,25 IDR 50.000 Mudharabah facility
Dec 17, 2024 Jan 17, 2025 months
Fasilitas Mudharabah PT BCA Syariah 24 Mar/ 24 Mar/ 1 bulan/ 7,00 IDR 9.100 Mudharabah facility
Mac 24, 2021 Mar 24, 2025 months
Fasilitas Mudharabah PT BCA Syariah 24 Mar/ 24 Mar/ 1 bulan/ 7,00 IDR 60.000 Mudharabah facility
Mac 24, 2021 Mar 24, 2025 months
Fasilitas KMK PT BPD 13 Mei/ 13 Mei/ 12 bulan/ 6,55 IDR 1.000.000 WCC Facility
BJB Tbk May 13, 2024 May 13, 2025 months
Fasilitas KMK PT BPD DIY 2 Apr/ 2 Apr/ 12 bulan/ 6,15 IDR 200.000 WCC Facility
Apr 2, 2024 Apr 2, 2025 months
Fasilitas KMK PT BPD DIY 4 Jun/ 4 Jun/ 12 bulan/ 6,15 IDR 100.000 WCC Facility
Jun 4, 2024 Jun 4, 2025 months
243
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 Money Market Line PT Bank of 14 Okt/ 14 Jan/ 3 bulan/ 6,24 IDR 350.000 Money Market Line Facility
China Oct 14, 2024 Jan 14, 2025 months
Fasilitas Musyarakah PT Bank Danamon 23 Des/ 17 Jan/ 1 bulan/ 6,40 IDR 500.000 Musyarakah Facility
Indonesia Tbk Dec 23, 2024 Jan 17, 2025 months
Fasilitas KMK PT Bank Danamon 12 Okt/ 12 Sep/ 59 bulan/ 9,00 IDR 1.178 WCC Facility
Indinesia Tbk Okt 12, 2023 Sep 12, 2028 months
Fasilitas KMK PT Bank Danamon 26 Sep/ 26 Sep/ 60 bulan/ 9,00 IDR 3.822 WCC Facility
Indinesia Tbk Sep 23, 2023 Sep 26, 2028 months
Fasilitas Sindikasi PT Bank DKI 23 Jun/ 23 Jun/ 36 bulan/ 6,50 IDR 136.076 Syndicated Facility
Jun 23, 2022 Jun 23, 2025 months
Fasilitas Sindikasi PT Bank DKI 13 Jul/ 3 Jul/ 36 bulan/ 6,50 IDR 136.076 Syndicated Facility
Jul 13, 2022 Jul 3, 2025 months
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 Sindikasi PT Bank DKI 23 Jun/ 23 Jun/ 36 bulan/ 6,50 IDR 113.924 Mudharabah Facility
Mudharabah Jun 23, 2022 Jun 23, 2025 months
Fasilitas Sindikasi PT Bank DKI 13 Jul/ 3 Jul/ 36 bulan/ 6,50 IDR 113.924 Mudharabah Facility
Mudharabah Jul 13, 2022 Jul 3, 2025 months
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 Kredit Korporasi PT Bank HSBC 25 Jan/ 28 Jan/ 12 bulan/ 6,35 IDR 540.000 Corporation Loan Facility
Indonesia Jan 25, 2024 Jan 28, 2025 months
Fasilitas Kredit Korporasi PT Bank HSBC 17 Apr/ 17 Jan/ 9 bulan/ 6,50 IDR 1.000.000 Corporation Loan Facility
Indonesia Apr 17, 2024 Jan 17, 2025 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 Mudharabah Line PT Bank Maybank 9 Des/ 9 Mar/ 3 bulan/ 6,40 IDR 500.000 Mudharabah Line Facility
Indonesia Tbk Dec 9, 2024 Mac 9, 2025 months
Fasilitas Mudharabah Line PT Bank Maybank 6 Sep/ 18 Feb/ 17 bulan/ 6,40 IDR 500.000 Mudharabah Line Facility
Indonesia Tbk Sep 6, 2023 Feb 18, 2025 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 Jul 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 11 Des/ 6 Des/ 12 bulan/ 6,20 IDR 97.000 Installment Loan Facility
Indonesia Dec 11, 2024 Dec 6, 2025 months
Fasilitas Installment Loan Bank CCB 24 Des/ 6 Des/ 11 bulan/ 6,20 IDR 80.000 Installment Loan Facility
Indonesia Dec 24, 2024 Dec 6, 2025 months
Fasilitas Installment Loan Bank CCB 26 Mar/ 26 Mar/ 12 bulan/ 6,25 IDR 315.000 Installment Loan Facility
Indonesia Mar 26, 2024 Mar 26, 2025 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/ 12 bulan/ 6,40 IDR 500.000 Term Loan Facility
Indonesia Tbk Sep 17, 2024 Sep 17, 2027 months
Fasilitas Pinjaman Tetap PT Bank Pan 30 Jan/ 30 Jan/ 36 bulan/ 6,85 IDR 500.000 Fixed Loan Facility
Indonesia Tbk Jan 30, 2024 Jan 30, 2025 months
Fasilitas Pinjaman Tetap PT Bank Pan 18 Mar/ 18 Mar/ 12 bulan/ 6,40 IDR 1.000.000 Fixed Loan Facility
Indonesia Tbk Mar 18, 2024 Mar 18, 2025 months
244
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Pinjaman Tetap PT Bank Pan 21 Jul/ 21 Jul/ 36 bulan/ 6,50 IDR 150.000 Fixed Loan Facility
Indonesia Tbk Jul 21, 2022 Jul 21, 2025 months
Fasilitas Mudharabah PT Bank Panin 27 Sep/ 27 Sep/ 24 bulan/ 6,80 IDR 300.000 Mudharabah Facility
Dubai Syariah Tbk Sep 27, 2024 Sep 27, 2026 months
Fasilitas Musyarakah PT Bank 18 Okt/ 18 Jan/ 3 bulan/ 6,40 IDR 500.000 Musyarakah Mutanaqisah
Mutanaqisah Permata Tbk Oct 18, 2024 Jan 18, 2025 months Facility
Fasilitas Musyarakah PT Bank 25 Okt/ 25 Jan/ 3 bulan/ 6,40 IDR 500.000 Musyarakah Mutanaqisah
Mutanaqisah Permata Tbk Oct 25, 2024 Jan 25, 2025 months Facility
Fasilitas Money Market Line PT Bank 10 Des/ 10 Mar/ 3 bulan/ 6,20 IDR 250.000 Money Market Line
Permata Tbk Des 10, 2024 Mar 10, 2025 months Facility
Fasilitas Money Market Line PT Bank 10 Des/ 10 Jun/ 6 bulan/ 6,20 IDR 250.000 Money Market Line
Permata Tbk Des 10, 2024 Jun 10, 2025 months Facility
Fasilitas Money Market Line PT Bank 10 Des/ 10 Mar/ 3 bulan/ 6,25 IDR 500.000 Money Market Line
Permata Tbk Des 10, 2024 Mar 10, 2025 months Facility
Fasilitas Uncomitted PT Bank Mizuho 26 Sep/ 24 Jan/ 4 bulan/ 6,20 IDR 200.000 Uncomitted Revolving Credit
Revolving Credit Indonesia Sep 26, 2023 Jan 24, 2025 months Facility
Fasilitas Uncomitted PT Bank Mizuho 23 Okt/ 23 Jan/ 3 bulan/ 6,20 IDR 100.000 Uncomitted Revolving Credit
Revolving Credit Indonesia Oct 23, 2024 Jan 23, 2025 months Facility
Fasilitas Time Loan PT Bank Maspion 27 Mar/ 26 Feb/ 11 bulan/ 6,40 IDR 100.000 Time Loan Revolving
Revolving Indonesia Tbk Mar 27, 2024 Feb 26, 2025 months Facility
Fasilitas Time Loan PT Bank Maspion 2 Apr/ 2 Apr/ 11 bulan/ 6,40 IDR 175.000 Time Loan Revolving
Revolving Indonesia Tbk Apr 2, 2024 Apr 2, 2025 months Facility
Fasilitas Uncomitted PT Bank DBS 19 Mar/ 19 Mar/ 12 bulan/ 6,40 IDR 700.000 Uncomitted Revolving Credit
Revolving Credit Indonesia Tbk Mar 19, 2024 Mar 19, 2025 months Facility
Fasilitas Uncomitted PT Bank DBS 3 Apr/ 3 Apr/ 12 bulan/ 6,40 IDR 300.000 Uncomitted Revolving Credit
Revolving Credit Indonesia Tbk Apr 3, 2024 Apr 3, 2025 months Facility
Fasilitas KMK PT Bank CIMB 11 Jun/ 22 Jan 25/ 7 bulan/ 6,50 IDR 500.000 WCC Facility
Niaga Tbk Jun 11, 2024 Jan 25, 2025 months
Fasilitas KMK PT Bank CIMB 28 Sep/ 28 Sep/ 47 bulan/ 3,40 IDR 3.000 WCC Facility
Niaga Tbk Sep 28, 2023 Sep 28, 2027 months
Fasilitas KMK PT Bank CIMB 30 Apr/ 28 Apr/ 24 bulan/ 2,50 IDR 4.500 WCC Facility
Niaga Tbk Apr 30, 2024 Apr 28, 2026 months
Fasilitas KMK PT Bank SMBC 13 Sep/ 10 Feb/ 5 bulan/ 6,40 IDR 200.000 WCC Facility
Indonesia Tbk Sep 13, 2024 Feb 10, 2025 months
Fasilitas KMK PT Bank SMBC 11 Okt/ 10 Feb/ 4 bulan/ 6,40 IDR 50.000 WCC Facility
Indonesia Tbk Oct 11, 2024 Feb 10, 2025 months
Fasilitas KMK PT Danareksa 12 Jan/ 10 Jan/ 24 bulan/ 9,00 IDR 25.000 WCC Facility
Capital Jan 12, 2023 Jan 10, 2025 months
Fasilitas KMK PT BPD Kalimantan 29 Des/ 29 Des/ 60 bulan/ 11,00 IDR 50.000 WCC Facility
Selatan Dec 29, 2020 Dec 29, 2025 months
Fasilitas KMK PT BPD Kalimantan 5 Jul/ 5 Jul/ 60 bulan/ 10,00 IDR 10.000 WCC Facility
Selatan Jul 5, 2020 Jul 5, 2027 months
Fasilitas KMK PT BPD Kalimantan 19 Ags/ 19 Ags/ 60 bulan/ 10,00 IDR 40.000 WCC Facility
Selatan Aug 19, 2022 Aug 19, 2027 months
Fasilitas KMK PT BPD Kalimantan 9 Nov/ 9 Nov/ 60 bulan/ 10,00 IDR 14.000 WCC Facility
Selatan Nov 9, 2022 Nov 9, 2027 months
Fasilitas KMK PT BPD Kalimantan 27 Feb/ 27 Okt/ 32 bulan/ 10,00 IDR 10.770 WCC Facility
Selatan Feb 27, 2022 Oct 27, 2025 months
Fasilitas Term Loan PT Bank Resona 30 Sep/ 30 Sep/ 24 bulan/ 6,50 IDR 250.000 Term Loan Facility
Facility Perdania Tbk Sep 30, 2024 Sep 30, 2026 months
245
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 BPD Sulselbar 25 Mar/ 25 Mar/ 36 bulan/ 7,00 IDR 50.000 WCC Facility
Mar 25, 2022 Mar 25, 2025 months
Fasilitas Mudharabah PT BPD Sulselbar 25 Mar/ 21 Mar/ 36 bulan/ 7,00 IDR 50.000 Mudharabah Facility
Mar 25, 2022 Mar 21, 2025 months
Fasilitas Demand Loan PT Bank Victoria 14 Mar/ 14 Jan/ 22 bulan/ 6,40 IDR 50.000 Demand Loan facilities
Internasional Tbk Mar 14, 2023 Jan 14, 2025 months
Fasilitas Demand Loan PT Bank Victoria 21 Jun/ 3 Jan/ 3 bulan/ 6,45 IDR 100.000 Demand Loan Facility
Internasional Tbk Jun 21, 2023 Jan 3, 2025 months
Fasilitas KMK PT Bank Victoria 28 Jul/ 28 Jul/ 47 bulan/ 11,00 IDR 5.000 WCC Facility
Internasional Tbk Jul 28, 2024 Jul 28, 2028 months
Fasilitas KMK PT Bank Victoria 23 Ags/ 23 Ags/ 36 bulan/ 10,50 IDR 10.000 WCC Facility
Internasional Tbk Aug 23, 2022 Aug 23, 2025 months
Fasilitas KMK PT Bank Victoria 23 Ags/ 23 Ags/ 48 bulan/ 11,00 IDR 20.000 WCC Facility
Internasional Tbk Aug 23, 2024 Aug 23, 2028 months
Fasilitas KMK PT Bank Victoria 27 Okt/ 27 Okt/ 36 bulan/ 10,50 IDR 10.000 WCC Facility
Internasional Tbk Oct 27, 2022 Oct 27, 2025 months
Fasilitas KMK Citibank 2 Des / 6 Jun/ 1 bulan/ 6,25 IDR 350.000 WCC Facility
Dec 2, 2024 June 6, 2025 months
Fasilitas KMK PT Bank Hibank 11 Des/ 11 Des/ 120 bulan/ 13,00 IDR 3.000 WCC Facility
Indonesia Dec 11, 2015 Dec 11, 2025 months
Fasilitas Demand Loan PT Bank of India 22 Des/ 22 Jun/ 30 bulan/ 6,00 IDR 150.000 Demand Loan Facility
Indonesia Tbk Dec 22, 2022 Jun 22, 2025 months
Fasilitas Demand Loan PT Bank of India 22 Jun/ 26Jun/ 24 bulan/ 6,05 IDR 200.000 Demand Loan Facility
Indonesia Tbk Jun 22, 2023 Jun 26, 2025 months
Fasilitas Demand Loan PT Bank of India 20 Des/ 19 Jun/ 18 bulan/ 6,00 IDR 50.000 Demand Loan Facility
Indonesia Tbk Dec 20, 2023 Jun 19, 2025 months
Fasilitas Demand Loan PT Bank of India 20 Des/ 19 Jun/ 6 bulan/ 6,50 IDR 150.000 Demand Loan Facility
Indonesia Tbk Dec 20, 2024 Jun 19, 2025 months
Fasilitas Working Capital PT Bank IBK 20 Jun/ 20 Jun/ 36 bulan/ 6,00 IDR 100.000 Working Capital Executing
Executing Indonesia Tbk Jun 20, 2022 Jun 20, 2025 months Facility
Fasilitas Working Capital PT Bank IBK 13 Jul/ 13 Jul/ 36 bulan/ 6,00 IDR 100.000 Working Capital Executing
Executing Indonesia Tbk Jul 13, 2022 Jul 13, 2025 months Facility
Fasilitas KMK PT Bank Oke 4 Apr/ 18 Apr/ 36 bulan/ 6,50 IDR 100.000 WCC Facilities
Indonesia Tbk Apr 4, 2022 Apr 18, 2025 months
Fasilitas KMK PT Bank Oke 18 Mei/ 18 Mei/ 36 bulan/ 6,50 IDR 250.000 WCC Facilities
Indonesia Tbk May 18, 2022 May 18, 2025 months
Fasilitas Revolving Credit PT Bank QNB 15 Okt/ 12 Feb/ 4 bulan/ 6,40 IDR 100.000 Revolving Credit
Indonesia Tbk Oct 15, 2024 Feb 17, 2025 months
Fasilitas Revolving Credit PT Bank QNB 13 Ags/ 7 Feb/ 6 bulan/ 6,40 IDR 250.000 Revolving Credit
Indonesia Tbk Aug 13, 2024 Feb 7, 2025 months
Fasilitas KMK PT Bank Aceh 11 Nov/ 11 Okt/ 47 bulan/ 11,00 IDR 30.000 WCC Facilities
Syariah Nov 11, 2024 Oct 11, 2028 months
Fasilitas Revolving Credit PT Bank UOB 15 Okt/ 15 Jan/ 3 bulan/ 6,30 IDR 500.000 Revolving Credit
Indonesia Oct 15, 2024 Jan 15, 2025 months
Fasilitas Revolving Credit PT Bank BNP 15 Okt/ 15 Jan/ 3 bulan/ 6,45 IDR 400.000 Revolving Credit
Paribas Indonesia Oct 15, 2024 Jan 15, 2025 months
Fasilitas Revolving Credit PT Bank BNP 23 Des/ 23 Jan/ 1 bulan/ 6,20 IDR 200.000 Revolving Credit
Paribas Indonesia Dec 23, 2024 Jan 23, 2025 months
246
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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:
Entitas anak wajib menjaga kualitas Subsidiary is required to maintain the
Gearing Ratio maksimal 10 (sepuluh) kali. quality of the Gearing Ratio at
a maximum of 10 (ten) times.
Entitas anak wajib menjaga Financing to Subsidiary is required to maintain
Asset ratio 65%. a Financing to Asset ratio of 65%.
Entitas anak wajib menjaga Current Ratio Subsidiary is required to maintain
minimal 120%. a Current Ratio minimum of 120%.
Entitas anak wajib menjaga Micro Subsidiary is required to maintain a
Financing Ratio minimal 50%. Micro Financing Ratio of at least 50%.
Entitas anak wajib menjaga Non- Subsidiary is required to maintain
Performing Loan Mekaar maksimal 3%. Mekaar Non-Performing Loans at a
maximum of 3%.
Entitas anak wajib menjaga Debt-Service Subsidiary is required to maintain
Coverage Ratio (DSCR) maksimal 100%. a maximum Debt-Service Coverage
Ratio 100%.
Entitas anak wajib menjaga/ Subsidiary is required to maintain
memaksimalkan Return on Assets (ROA). maximizing Return on Assets (ROA).
Entitas anak wajib menjaga/ Subsidiary is required to maintain
memaksimalkan Return on Equity (ROE). maximizing Return on Equity (ROE).
Entitas anak wajib menjaga kualitas Subsidiary is required to maintain
Collateral Coverage Ratio minimal 100%. Collateral Coverage Ratio quality of at
least 100%.
Entitas anak wajib menjaga kualitas rasio Subsidiary is required to maintain a
piutang lebih dari 90 (sembilan puluh) hari quality ratio of receivables of more than
maksimal 5% terhadap gross piutang. 90 (ninety) days, a maximum of 5% to
gross receivables.
Entitas anak wajib menjaga Solvabilitas Subsidiary is required to maintain
minimal 200%. Solvency of at least 200%.
Entitas anak wajib menjaga Profit Margin Subsidiary is required to maintain a Profit
lebih besar dari suku bunga kredit. Margin that is greater than the credit
interest rate.
Entitas anak wajib menjaga EBITDA atau Subsidiary is required to maintain
Interest Expense Ratio di atas 2 (dua) kali. EBITDA or Interest Expense Ratio
above 2 (two) times.
Entitas anak wajib menjaga sinking fund 2 Subsidiary is required to maintain
(dua) kali angsuran. a sinking fund in 2 (two) installments.
247
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, Subsidiary
dan 2023, Entitas anak telah memenuhi has fulfilled the important requirements outlined
persyaratan penting, dalam perjanjian pinjaman in the fund borrowing agreements.
yang 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/ 184 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 include, prior to obtaining written approval,
diperoleh, Entitas anak tidak diperbolehkan Subsidiary is not permitted to filing for
untuk mengajukan permohonan pailit dan bankruptcy and using the fund borrowings facility
menggunakan fasilitas pinjaman tidak sesuai not suitable with its purpose.
dengan tujuannya.
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, Subsidiary
dan 2023, Entitas anak telah memenuhi has fulfilled the important requirements outlined
persyaratan penting, dalam perjanjian pinjaman in the fund borrowing agreements.
yang diterima.
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 Oct/ 32 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/ 8 Oct/ 32 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 KMK PT Bank Oke 22 Jun/ 22 Jun/ 36 bulan/ 6,25% IDR 250.000 WCC Facility
Indonesia Tbk Jun 22, 2022 Jul 22, 2025
Fasilitas Working PT Bank 16 Nov/ 2 Des/ 36 bulan/ 6,25% IDR 250.000 Working Capital Executing Facility
Capital Executing IBK Nov 16, 2022 Dec 2, 2025 months
Indonesia Tbk
Fasilitas Installment Loan PT Bank Central 12 Ags/ 7 Des/ 39 bulan/ 7,00% IDR 250.000 Installment Loan Facility
Asia Tbk Aug 12, 2022 Dec 7, 2025 months
Fasilitas Installment Loan PT Bank Central 5 Sep/ 13 Feb/ 41 bulan/ 6,50% IDR 500.000 Installment Loan Facility
Asia Tbk Sep 5, 2023 Feb 13, 2027 months
Fasilitas Pinjaman Tetap PT Bank Pan 2 Apr/ 2 Apr/ 36 bulan/ 6,75% IDR 115.000 Fixed loan facility
Indonesia Tbk Apr 2, 2024 Apr 2, 2027 months %
Fasilitas Pinjaman Tetap PT Bank Pan 2 Apr/ 2 Apr/ 36 bulan/ 7,00% IDR 385.000 Fixed loan facility
Indonesia Tbk Apr 2, 2024 Apr 2, 2027 months %
248
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Uncommitted PT Bank 15 Des/ 31 Jan/ 36 bulan/ 6,25% IDR 390.000 Uncomitted Credit Line Facility
Credit Line Maybank Indonesia Dec 15, 2021 Jan 31, 2025 months
Tbk
Fasilitas Uncommitted PT Bank 1 Sep/ 10 Feb/ 36 bulan/ 7,20% IDR 400.000 Uncomitted Credit Line Facility
Credit Line Maybank Indonesia Sep 1, 2022 Feb 10, 2026 months
Tbk
Fasilitas Uncommitted PT Bank 22 Feb/ 22 Feb/ 36 bulan/ 6,95% IDR 50.000 Uncomitted Credit Line Facility
Credit Line Maybank Indonesia Feb 22, 2024 Feb 22, 2025 months
Tbk
Pengalihan Fasilitas PT Bank 16 Apr/ 13 Jan/ 8 bulan/ 5,70% ASD/USD 415.000 Temporary transfer of the KAB
Pinjaman KAB Danamon Apr 16, 2024 Jan 13, 2025 months
Jangka pendek Indonesia Tbk loan facility
Pengalihan Fasilitas PT Bank 16 Apr/ 13 Jan/ 8 bulan/ 5,90% ASD/USD 7.573.367 Temporary transfer of the KAB
Pinjaman KAB Danamon Apr 16, 2024 Jan 13, 2025 months loan facility
Jangka pendek Indonesia Tbk
Pengalihan Fasilitas PT Bank 16 Apr/ 9 Jan/ 8 bulan/ 6,30% ASD/USD 9.398.496 Temporary transfer of the KAB
Pinjaman KAB Danamon Apr 16, 2024 Jan 9, 2025 months loan facility
Jangka pendek Indonesia Tbk
Pengalihan Fasilitas PT Bank 21 Feb/ 21 Des/ 23 bulan/ 6,65% ASD/USD 6.397.953 Temporary transfer of the KAB
Pinjaman KAB Danamon Feb 21, 2024 Feb 20, 2026 months loan facility
Jangka pendek Indonesia Tbk
Pengalihan Fasilitas PT Bank 21 Dec/ 20 Jun/ 17 bulan/ 6,65% ASD/USD 6.693.440 Fund Borrowing BRI Multifinance-
Pinjaman KAB Danamon Dec 21, 2023 June 20, 2025 months temporary transfer of the KAB
Jangka pendek Indonesia Tbk loan facility
Pengalihan Fasilitas PT Bank 21 Dec/ 13 Jun/ 17 bulan/ 6,65% ASD/USD 4.713.805 Fund Borrowing BRI Multifinance-
Pinjaman KAB Danamon Dec 21, 2023 June 13, 2025 months temporary transfer of the KAB
Jangka pendek Indonesia Tbk loan facility
Fasilitas Uncommitted PT Sarana 24 Mei/ 26 Feb/ 45 bulan/ 6,40% IDR 11.000 Fund Borrowing BRI Multifinance-
Credit Line Multigriya May 24, 2023 Feb 26, 2027 months % Uncomitted Credit Line Facility
Finansial
(Persero)
Fasilitas Uncomitted PT Sarana 24 Mei/ 26 Feb/ 45 bulan/ 6,80% IDR 26.000 Uncomitted Credit Line Facility
Credit Line Multigriya May 24, 2023 Feb 26, 2027 months %
Finansial
(Persero)
Fasilitas Uncomitted PT Sarana 24 Mei/ 26 Mar/ 45 bulan/ 6,95% IDR 51.000 Uncomitted Credit Line Facility
Credit Line Multigriya May 24, 2023 Mar 26, 2027 months %
Finansial
(Persero)
Fasilitas KMK PT Bank 8 Mar/ 10 Jul/ 28 bulan/ 6,95% IDR 500.000 WCC Facility
Mandiri Mar 8, 2023 Jul 10, 2025 months
(Persero) Tbk
Fasilitas KMK PT Bank 16 Mar/ 20 Jun/ 39 bulan/ 6,25% IDR 500.000 WCC Facility
Mandiri Mar 16, 2022 Jun 20, 2025 months %
(Persero) Tbk
Fasilitas KMK PT Bank 23 Jan/ 23 Jan/ 12 bulan/ 6,95% IDR 350.000 WCC Facility
Mandiri Jan 23, 2024 Jan 23, 2025 months
(Persero) Tbk
249
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 KMK PT Bank 5 Jul/ 13 Feb/ 43 bulan/ 7,15% ASD/USD 15.000.000 WCC Facility
CTBC Jul 5, 2022 Feb 13, 2026 months %
Fasilitas Demand Loan PT Bank of 31 Jul/ 12 Okt/ 24 bulan/ 6,30% IDR 400.000 Long term demand loan facility
Jangka Panjang India Jul 31, 2023 Oct 12, 2025 months
Indonesia Tbk
Fasilitas Demand Loan PT Bank of 14 Mar/ 19 Mar/ 24 bulan/ 6,50% IDR 100.000 Long term demand loan facility
Jangka Panjang India Mar 14, 2024 Mar 19, 2026 months
Indonesia Tbk
Fasilitas Pinjaman MUFG 26 Jul/ 26 Jul/ 12 bulan/ 5,9% IDR 350.000 Short term loan facility
Jangka Pendek Bank Jul 26, 2024 Jul 26, 2025 months
Fasilitas Demand Loan PT Bank Victoria 6 Agu/ 6 Agu/ 12 bulan/ 6,25% IDR 50.000 Demand Loan facility
International Tbk Aug 6, 2024 Aug 6, 2025 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:
Entitas anak wajib menjaga Debt to Equity Subsidiary is required to maintain a Debt
Ratio tidak melebihi rasio 8,5 (delapan to Equity Ratio of not more than 8.5 (eight
koma lima) kali. point five) times.
Entitas anak diwajibkan untuk menjaga Subsidiary is required to maintain
rasio pinjaman terhadap modal a maximum loan to capital ratio of 7
maksimum 7 (tujuh) kali. (seven) times.
Entitas anak diwajibkan untuk menjaga Subsidiary is required to maintain
rasio Non-Performing Financing (NPF) a maximum Non-Performing Financing
maksimum 5%. (NPF) ratio of 5%.
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, Subsidiary
dan 2023, Entitas anak telah memenuhi has fulfilled the important requirements outlined
persyaratan penting, dalam perjanjian pinjaman in the fund borrowing agreements.
yang diterima.
j) Pinjaman Diterima BRI Danareksa Sekuritas j) Fund Borrowings - BRI Danareksa Sekuritas
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 Money Market Line PT Bank Permata 30 Des/ 2 Jan/ 3 hari/ 7,50% IDR 40.000 Money Market Line Facility
Tbk Dec 30 , 2024 Jan 2, 2025 days
Fasilitas Money Market Line PT Bank OCBC 30 Des/ 2 Jan/ 3 hari/ 6,65% IDR 35.000 Money Market Line Facility
NISP Tbk Dec 30 , 2024 Jan 2, 2025 days
Fasilitas Money Market Line PT Bank UOB 30 Des/ 2 Jan/ 3 hari/ 6,75% IDR 50.000 Money Market Line Facility
Indonesia Dec 30 , 2024 Jan 2, 2025 days
Fasilitas Money Market Line PT Bank Maybank 30 Des/ 2 Jan/ 3 hari/ 7,20% IDR 25.000 Money Market Line Facility
Indonesia Tbk Dec 30 , 2024 Jan 2, 2025 days
250
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
j) Pinjaman Diterima BRI Danareksa Sekuritas j) Fund Borrowings - BRI Danareksa Sekuritas
(lanjutan) (continued)
Persyaratan-persyaratan penting (financial The financial convenants in this agreement
covenants) dalam perjanjian kredit yang include, prior to obtaining written approval, BRI
diperoleh BRI Danareksa Sekuritas tidak Danareksa Sekuritas is not permitted to:
diperbolehkan untuk:
Memiliki total aset dibawah 50 Milyar. Having total assets below 50 Billion.
Terkena suspense oleh BEI dan OJK. Suspended by BEI and OJK.
Mengikatkan diri sebagai penanggung Commit itself as guarantor or debt
atau penjamin utang dan menjaminkan guarantor and guarantee the company
harta kekayaan perusahaan. assets.
Memiliki rata-rata rasio giro dibawah 50%. Having average giro ratio below 50%.
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, Subsidiary
dan 2023, Entitas anak telah memenuhi has fulfilled the important requirements outlined
persyaratan penting, dalam perjanjian pinjaman in the fund borrowing agreements.
yang diterima.
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah Rupiah
Garansi yang diterbitkan 1.235.655 2.990.195 Guarantees issued
Fasilitas kredit yang
belum ditarik 483.602 1.225.100 Undrawn loan facilities
L/C yang tidak dapat
dibatalkan yang
masih berjalan 5.130 29.082 Irrevocable L/C
Mata uang asing Foreign currency
Garansi yang diterbitkan 699.746 1.824.001 Guarantees issued
L/C yang tidak dapat
dibatalkan yang
masih berjalan 121.405 41.499 Irrevocable L/C
Fasilitas kredit yang
belum ditarik 5.512 7.891 Undrawn loan facilities
Total 2.551.050 6.117.768 Total
251
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (di b. The details of commitments and contingencies
luar fasilitas kredit yang belum ditarik): transactions (except undrawn loan facilities) are
as follows:
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 26.532.582 26.838.054 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 1.223.304 1.011.622 Irrevocable L/C
27.755.886 27.849.676
Mata uang asing Foreign currency
Garansi yang diterbitkan Guarantees issued
Dolar Amerika Serikat 409.110.612 6.584.635 677.905.297 10.437.708 United States Dollar
Euro Eropa 39.238.244 657.559 49.318.464 840.304 European Euro
Dolar Singapura 2.595.421 30.742 2.120.000 24.754 Singaporean Dollar
Yen Jepang 42.791.794 4.409 1.291.794 141 Japanese Yen
7.277.345 11.302.907
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor Irrevocable L/C
Dolar Amerika Serikat 94.654.258 1.523.460 87.737.370 1.350.892 United States Dollar
Euro Eropa 28.654.471 480.195 33.329.859 567.885 European Euro
Renminbi 144.466.057 318.546 129.211.733 280.397 Renminbi
Yen Jepang 750.398.962 77.314 112.235.500 12.220 Japanese Yen
Pound Sterling Inggris 140.438 2.839 - Great Britain Pound Sterling
Dirham Uni Emirat Arab 354.619 1.554 - United Arab Emirates Dirham
Dolar Singapura 123.538 1.463 409.439 4.781 Singaporean Dollar
Malaysian Ringgit - 27.840 93 Malaysian Ringgit
2.405.371 2.216.268
9.682.716 13.519.175
37.438.602 41.368.851
Pihak berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Garansi yang diterbitkan 11.282.475 14.874.180 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 1.133.865 1.216.991 Irrevocable L/C
12.416.340 16.091.171
252
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (di b. The details of commitments and contingencies
luar fasilitas kredit yang belum ditarik) transactions (except undrawn loan facilities) are
(lanjutan): as follows (continued):
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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)
Mata uang asing Foreign currency
Garansi yang diterbitkan Guarantees issued
Dolar Amerika Serikat 1.293.052.041 20.811.673 797.472.220 12.278.680 United States Dollar
Euro Eropa 22.740.519 381.088 3.682.192 62.738 European Euro
Yen Jepang 2.822.740.622 290.827 2.923.912.176 318.341 Japanese Yen
Ringgit Malaysia 60.071.371 216.128 41.319.804 138.636 Malaysian Ringgit
Philippines Peso 226.000.000 62.899 - Philippine Peso
Dirham Uni Emirat Arab 50.000 219 - United Arab Emirates Dirham
Won Korea Selatan - 6.682.601.241 79.389 South Korean Won
21.762.834 12.877.784
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor Irrevocable L/C
Dolar Amerika Serikat 408.556.015 6.575.709 439.603.640 6.768.577 United States Dollar
Euro Eropa 20.975.791 351.515 9.860.486 168.006 European Euro
Yen Jepang 778.549.516 80.214 579.200.303 63.060 Japanese Yen
Dolar Australia 549.909 5.507 - Australian Dollar
Pound Sterling Inggris 21.523 435 23.100 453 Great Britain Pound Sterling
Renmibi - 361.481 784 Renmibi
Franc Swiss - 80.288 1.469 Swiss Franc
7.013.380 7.002.349
28.776.214 19.880.133
41.192.554 35.971.304
Total 78.631.156 77.340.155 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (2.061.936) (4.884.777) impairment losses
Neto 76.569.220 72.455.378 Net
253
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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, 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
baru yang 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 - - 119.405 and other changes
Carrying value ending
Nilai tercatat akhir 11.759.960 15.960 - 11.775.920 balance
31 Desember/December 31, 2023
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 12.410.787 1.247.881 - 13.658.668 balance
Pengalihan ke Transition to
Stage 1 618.137 (618.137) - - Stage 1
Stage 2 (1.144) 1.144 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat (2.151.326) (480.440) - (2.631.766) carrying value
Komitmen dan kontinjensi New commitments and
baru yang diterbitkan contingencies issued
atau dibeli 10.146.607 554.295 2.091 10.702.993 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (9.665.885) (563.523) - (10.229.408) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (53.697) 440 - (53.257) and other changes
Carrying value ending
Nilai tercatat akhir 11.303.479 141.660 2.091 11.447.230 balance
254
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
baru yang 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, 2023
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
ekspektasian awal 53.122 490.010 - 543.132 loss beginning balance
Pengalihan ke Transition to
Stage 1 134.157 (134.157) - - Stage 1
Stage 2 (1) 1 - - Stage 2
Stage 3 - - - - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (20.120) (124.715) - (144.835) allowance for losses
Komitmen dan kontinjensi New commitments and
baru yang diterbitkan contingencies issued
atau dibeli 25.018 32.358 2.091 59.467 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (166.412) (220.768) - (387.180) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain (4) 1 - (3) and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 25.760 42.730 2.091 70.581 credit loss ending balance
255
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
baru yang 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, 2023
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 69.738.900 5.116.098 - 74.854.998 balance
Pengalihan ke Transition to
Stage 1 76.231 (76.231) - - Stage 1
Stage 2 (1.904.391) 1.904.391 - - Stage 2
Stage 3 (9.968) (11.387) 21.355 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 49.461 88.650 - 138.111 carrying value
Komitmen dan kontinjensi New commitments and
baru yang diterbitkan contingencies issued
atau dibeli 43.995.410 2.191.578 195 46.187.183 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (51.304.879) (4.040.515) - (55.345.394) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 81.627 (23.600) - 58.027 and other changes
Carrying value ending
Nilai tercatat akhir 60.722.391 5.148.984 21.550 65.892.925 balance
256
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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
baru yang 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, 2023
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
Garansi yang diterbitkan Guarantees issued
Cadangan atas kerugian kredit Allowance for expected credit
ekspektasian awal 1.272.632 3.190.301 - 4.462.933 loss beginning balance
Pengalihan ke Transition to
Stage 1 28.379 (28.379) - - Stage 1
Stage 2 (2.317) 2.317 - - Stage 2
Stage 3 (16) (2.762) 2.778 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian (270.692) 1.740.509 11.277 1.481.094 allowance for losses
Komitmen dan kontinjensi New commitments and
baru yang diterbitkan contingencies issued
atau dibeli 556.886 1.552.582 195 2.109.663 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (808.854) (2.430.995) - (3.239.849) and contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 5 350 - 355 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 776.023 4.023.923 14.250 4.814.196 credit loss ending balance
257
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
baru yang 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, 2023
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 85.704.365 476.350 109.348 86.290.063 balance
Pengalihan ke Transition to
Stage 1 997.604 (981.421) (16.183) - Stage 1
Stage 2 (456.310) 464.852 (8.542) - Stage 2
Stage 3 (229.962) (137.843) 367.805 - Stage 3
Pengukuran kembali bersih Net remeasurement of
nilai tercatat 5.084.318 530.277 (266.729) 5.347.866 carrying value
Komitmen dan kontinjensi New commitments and
baru yang diterbitkan contingencies issued
atau dibeli 46.105.345 3.861.346 21.059 49.987.750 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (11.446.815) (1.423.817) (197.693) (13.068.325) and contingencies
Penghapusbukuan Komitmen dan Written-off commitments and
kontinjensi (3.714) (8.929) (9.065) (21.708) contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 54.770 - - 54.770 and other changes
Carrying value ending
Nilai tercatat akhir 125.809.601 2.780.815 - 128.590.416 balance
258
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
baru yang 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
31 Desember/ December 31, 2023
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 302.788 1.135.992 13.498 1.452.278 loss beginning balance
Pengalihan ke Transition to
Stage 1 52.184 (52.141) (43) - Stage 1
Stage 2 (2.678) 2.815 (137) - Stage 2
Stage 3 (1.321) (10.985) 12.306 - Stage 3
Pengukuran kembali bersih Net remeasurement of
penyisihan kerugian 59.497 51.087 (12.714) 97.870 allowance for losses
Komitmen dan kontinjensi New commitments and
baru yang diterbitkan contingencies issued
atau dibeli 103.715 10.173 - 113.888 or purchased
Komitmen dan kontinjensi yang Derecognized commitments
dihentikan pengakuannya (186.539) (241.729) (3.844) (432.112) and contingencies
Penghapusbukuan Komitmen dan Written-off commitments and
kontinjensi (3.714) (8.929) (9.066) (21.709) contingencies
Perubahan model atau Foreign exchange model
parameter valuta asing or parameter changes
dan perubahan lain 22.776 - - 22.776 and other changes
Cadangan atas kerugian kredit Allowance for expected
ekspektasian akhir 346.708 886.283 - 1.232.991 credit loss ending balance
259
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 dengan menggunakan bukti individually based on whether objective evidence of
objektif penurunan nilai. impairment exists.
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 2024 dan 2023 telah December 31, 2024 and 2023, 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Cadangan atas program imbalan kerja Provision for employee benefit
bagi pekerja (Catatan 42) 12.629.995 13.111.142 program (Note 42)
Cadangan Bonus dan Insentif 6.828.505 8.496.353 Provision for Bonuses and Incentives
Cadangan Tunjangan Hari Raya 1.217.871 1.207.929 Provision for Religious Festify Allowancer
Cadangan pekerja kontrak 174.964 244.200 Provision for contract worker
Cadangan Exit Management 85.000 - Provision for Exit Management
Total 20.936.335 23.059.624 Total
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga Third parties
Rupiah Rupiah
Liabilitas manfaat polis masa depan 10.858.390 9.255.256 Future policy benefit liabilities
Premi yang belum merupakan
pendapatan 3.141.620 2.634.906 Unearned premium
Utang akrual 2.352.133 2.215.687 Accrued payable
Liabilitas kontrak investasi 2.345.475 3.286.965 Investment contract liabilities
Estimasi liabilitas klaim 2.035.406 2.073.134 Estimated claim liabilities
Utang bunga 1.509.404 1.479.174 Interest payables
Cadangan kewajiban litigasi Allowance for litigation liabilities
(Catatan 45b) 676.572 1.361.894 (Note 45b)
Utang reasuransi 339.437 317.014 Reinsurance payable
Pendapatan diterima dimuka 310.982 170.130 Unearned income
Liabilitas kartu kredit 224.101 278.797 Credit card liabilities
Liabilitas sewa 162.092 542.630 Lease liabilities
260
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
28. LIABILITAS LAIN-LAIN (lanjutan) 28. OTHER LIABILITIES (continued)
Liabilitas lain-lain terdiri atas (lanjutan): Other liabilities consist of (continued):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak ketiga (lanjutan) Third parties (continued)
Rupiah (lanjutan) Rupiah (continued)
Cadangan pembayaran Allowance for timely
bunga tepat waktu 73.846 82.201 interest payment
Setoran jaminan 12.864 12.345 Guarantee deposits
Lain-lain 3.252.122 4.714.651 Others
27.294.444 28.424.784
Mata uang asing Foreign currency
Utang bunga 375.922 398.793 Interest payables
Term deposit valas devisa Time deposits in foreign exchange
hasil ekspor (TD Valas DHE) proceeds from export with
Bank Indonesia 333.971 5.839.397 Bank Indonesia
Pendapatan diterima dimuka 317.913 416.639 Unearned income
Liabilitas sewa 85.651 108.611 Lease liabilities
Lain-lain 1.189.086 1.476.393 Others
2.302.543 8.239.833
Total 29.596.987 36.664.617 Total
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Pihak Ketiga Third parties
Rupiah Rupiah
Obligasi Subordinasi IV 262.663 265.120 Subordinated Bond IV
Pihak Berelasi (Catatan 44) Related parties (Note 44)
Rupiah Rupiah
Obligasi Subordinasi IV 227.380 229.507 Subordinated Bond IV
Pinjaman two-step loan 1.738 2.056 Two-step loan
229.118 231.563
Total 491.781 496.683 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).
261
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
a. Pinjaman two-step (lanjutan) a. Two-step loan (continued)
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 2,71% dan 2,28% are 2.71% and 2.28% for period ended
masing-masing untuk periode yang berakhir December 31, 2024 and 2023. This loan will
pada tanggal-tanggal 31 Desember 2024 dan mature on various dates up to 2027.
2023. 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 July
Bunga Obligasi Subordinasi IV Bank BRI Tahun 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.
Pada tanggal 31 Desember 2024, Obligasi On December 31, 2024, 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.
262
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah Rupiah
> 1 tahun - 5 tahun 491.781 496.683 > 1 year - 5 years
Total 491.781 496.683 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).
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 period ended
periode yang berakhir pada tanggal-tanggal December 31, 2024 and 2023 amounted to Rp40,677
31 Desember 2024 dan 2023 sebesar Rp40.677 dan and Rp40,454.
Rp40.454.
263
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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
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, 2024
31 Desember 2024 dan 2023 adalah sebagai and 2023 are as follows:
berikut:
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 (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)
264
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024
31 Desember 2024 dan 2023 adalah sebagai and 2023 are as follows (continued):
berikut (lanjutan):
31 Desember/December 31, 2023
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 689.800 50 34.490.000 0,00% - Kartika Wirjoatmodjo
- Rabin Indrajad Hattari 620.700 50 31.035.000 0,00% - Rabin Indrajad Hattari
Direksi: Directors:
- Sunarso 3.234.856 50 161.742.800 0,00% - Sunarso
- Catur Budi Harto 1.839.057 50 91.952.850 0,00% - Catur Budi Harto
- Ahmad Solichin Lutfiyanto 3.587.470 50 179.373.500 0,00% - Ahmad Solichin Lutfiyanto
- Handayani 3.425.200 50 171.260.000 0,00% - Handayani
- Supari 2.890.914 50 144.545.700 0,00% - Supari
- Agus Noorsanto 2.071.941 50 103.597.050 0,00% - Agus Noorsanto
- Agus Sudiarto 1.717.400 50 85.870.000 0,00% - Agus Sudiarto
- Amam Sukriyanto 1.526.754 50 76.337.700 0,00% - Amam Sukriyanto
- Viviana Dyah Ayu R.K 1.512.800 50 75.640.000 0,00% - Viviana Dyah Ayu R.K
- Agus Winardono 1.503.481 50 75.174.050 0,00% - Agus Winardono
- Arga Mahanana Nugraha 1.313.785 50 65.689.250 0,00% - Arga Mahanana Nugraha
- Andrijanto 1.123.000 50 56.150.000 0,00% - Andrijanto
Masyarakat 70.152.822.670 50 3.507.641.133.500 46,30% Public
150.790.856.704 7.539.542.835.200 99,49%
Saham treasuri (Catatan 1d) 768.144.900 38.407.245.000 0,51% Treasury stock (Notes 1d)
Total 151.559.001.604 7.577.950.080.200 100,00% Total
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.
265
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 - shares in 2024
75.880.223 75.853.127
266
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Finance No. 427/KMK.02/2003 dated
30 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 1.764.705.000 000 new Series B
1.764.705.000 lembar Saham Biasa Atas Nama common shares with a par value of Rp500 (full
Seri B baru dengan nilai nominal Rp500 (nilai amount) per share at the offering price of Rp875
penuh) per saham dengan harga penawaran (full amount) per share, resulting in additional
Rp875 (nilai penuh) per saham sehingga paid-in 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
267
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
268
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
269
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
270
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
271
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
272
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 1 Maret In the Annual General Meetings of BRI’s
2024 dan 13 Maret 2023 pemegang saham Shareholders held on March 1, 2024 and March
menyetujui pembagian dividen dari laba tahun 13, 2023, the Shareholders agreed to distribute
berjalan untuk tahun yang berakhir pada dividend from net income for the years ended
tanggal-tanggal 31 Desember 2023 dan 2022 December 31, 2023 and 2022 are as follows:
dengan rincian sebagai berikut:
Laba tahun berjalan/
Income for the year
Untuk tahun yang berakhir
pada tanggal 31 Desember/
ended December 31,
2023 2022
Konsolidasian 48.102.283 43.494.766 Consolidated
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.
273
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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.
Berdasarkan surat Menteri BUMN Based on Letter from State Minister for State
No. SR-602/MBU/11/2023 tanggal Owned Enterprises No. SR-602/MBU/11/2023
28 November 2023, ditetapkan pembagian dated November 28, 2023, the distribution of
dividen interim atas tahun buku 2023, yang interim dividends for the 2023 financial year was
kemudian telah disetujui oleh Direksi determined, which was then approved by the
berdasarkan Rapat Direksi tanggal Board of Directors based on the Board of
11 Desember 2023 sebesar Rp12.666.432. Directors Meeting on December 11, 2023 in the
amount of Rp12,666,432.
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. This is in accordance with the
laba yang belum ditentukan penggunaannya 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.
274
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 January 2, 2023 was Rp406,008. The fair value
sebesar Rp406.008. Nilai wajar ESA of ESA is amortized over the vesting period and
diamortisasi selama masa vesting dan diakui recognized in consolidated profit or loss and
dalam laba rugi dan penghasilan komprehensif other comprehensive income, while the
lain 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 year
untuk tahun yang berakhir pada tanggal ended December 31, 2024 and 2024 amounted
31 Desember 2024 dan 2023 sebesar to Rp217,957 and Rp216,763.
Rp217.957 dan Rp216.763.
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 year ended December 31, 2024 and 2023
31 Desember 2024 dan 2023 masing-masing amounted to Rp164,549 and Rp70,719,
sebesar Rp164.549 dan Rp70.719. respectively.
275
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Pengendalian 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Kepentingan non-pengendali Non-controlling interests
Entitas Induk Parent Entity
PT Asuransi BRI Life 5.067.495 4.162.054 PT Asuransi BRI Life
PT Bank Raya Indonesia Tbk 457.897 454.832 PT Bank Raya Indonesia Tbk
PT BRI Asuransi Indonesia 259.276 201.041 PT BRI Asuransi Indonesia
PT BRI Danareksa Sekuritas 173.872 171.415 PT BRI Danareksa Sekuritas
PT BRI Manajemen Investasi 85.340 79.261 PT BRI Manajemen Investasi
PT Pegadaian 3.553 - PT Pegadaian
PT BRI Multifinance Indonesia 1.711 - PT BRI Multifinance Indonesia
PT Permodalan Nasional Madani 1.059 - PT Permodalan Nasional Madani
PT BRI Ventura Investama 27 - PT BRI Ventura Investama
Entitas anak 44.979 39.983 Subsidiaries
Total 6.095.209 5.108.586 Total
276
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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%.
32. PENDAPATAN BUNGA DAN SYARIAH 32. INTEREST AND SHARIA INCOME
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023*)
Pendapatan bunga diperoleh dari: Interest income are derived from:
Rupiah Rupiah
Kredit yang diberikan Loan
Mikro 96.494.961 92.733.242 Micro
Ritel 47.977.442 43.838.406 Retail
Korporasi 7.378.812 2.416.635 Corporate
Piutang sewa pembiayaan 944.667 1.159.976 Finance lease receivables
Efek-efek Securities
Nilai wajar melalui laba rugi Fair value through profit or loss
Obligasi Pemerintah 258.985 270.644 Government Bonds
Obligasi 49.654 62.666 Bonds
277
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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,
2024 2023*)
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 Pemerintah 3.210.708 3.034.842 Government Bonds
Sertifikat Bank Indonesia 2.034.199 318.783 Bank Indonesia Certificate
Obligasi 628.807 798.664 Bonds
Medium-Term Note 22.886 27.498 Medium-Term Note
Negotiable Certificate of Deposit 4.557 1.613 Negotiable Certificate of Deposit
Biaya perolehan diamortisasi Amortized Costs
Obligasi Pemerintah 5.705.692 6.181.050 Government Bonds
Obligasi 109.136 117.789 Bonds
Sertifikat Bank Indonesia 3.985 - Bank Indonesia Certificate
Medium-Term Note 1.163 1.210 Medium-Term Note
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 909.832 1.916.308 agreement to resell
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan lembaga keuangan lain and other financial instruments
Deposit Facility/Term Deposit 264.872 287.304 Deposit Facility/Term Deposit
Inter-bank call money 67.049 62.443 Inter-bank call money
Lain-lain 1.033.116 979.344 Others
Giro pada Bank Indonesia 725 5.679 Current accounts with Bank Indonesia
Wesel Ekspor dan Tagihan Lainnya 1.898.503 1.985.992 Export Bills and Other Receivables
Lain-lain 3.288.749 1.118.752 Others
172.288.500 157.318.840
Mata uang asing Foreign currency
Kredit yang diberikan Loan
Korporasi 7.054.808 5.867.864 Corporate
Ritel 333.186 274.070 Retail
Piutang sewa pembiayaan 854 4.466 Finance lease receivables
Efek-efek Securities
Nilai wajar melalui laba rugi Fair value through profit or loss
Obligasi Pemerintah 85.113 22.765 Government Bonds
Obligasi 1.102 1.998 Bonds
Nilai wajar melalui penghasilan Fair value through Other
komprehensif lain Comprehensive Income
Obligasi Pemerintah 1.016.484 1.027.700 Government Bonds
Obligasi 336.725 283.604 Bonds
Sertifikat Bank Indonesia 375.183 106.273 Bank Indonesia Certificate
Negotiable Certificate of Deposit 1.672 6.366 Negotiable Certificate of Deposit
Biaya perolehan diamortisasi Amortized Costs
Obligasi Pemerintah 595.864 670.571 Government Bonds
Obligasi 14.327 18.138 Bonds
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 2.825 379 agreement to resell
Penempatan pada Bank Indonesia Placement with Bank Indonesia
dan lembaga keuangan lain and other financial instruments
Deposit Facility/Term Deposit 1.163.424 879.372 Deposit Facility/Term Deposit
Inter-bank call money 437.917 376.852 Inter-bank call money
Lain-lain 649.307 390.216 Others
Giro pada Bank Indonesia 31 37 Current accounts with Bank Indonesia
Wesel Ekspor dan Tagihan lainnya 550.235 232.542 Export Bills and Other Receivables
Lain-lain 364.534 788.868 Others
12.983.591 10.952.081
Total Pendapatan Bunga 185.272.091 168.270.921 Total Interest Income
278
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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,
2024 2023*)
Pendapatan syariah diperoleh dari: Sharia income are derived from:
Rupiah Rupiah
Murabahah 10.588.412 10.245.474 Murabahah
Mudharabah 3.399.142 2.693.765 Mudharabah
Ujrah 6.607 4.368 Ujrah
Total Pendapatan Syariah 13.994.161 12.943.607 Total Sharia Income
Total 199.266.252 181.214.528 Total
*) Setelah Reklasifikasi (Catatan 52) *) After Reclassification (Note 52)
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,
2024 2023
Rupiah Rupiah
Deposito berjangka 25.784.223 18.796.685 Time Deposits
Giro 8.479.276 4.339.643 Demand Deposits
Pinjaman yang diterima 3.876.898 2.836.395 Fund borrowings
Surat berharga yang diterbitkan 2.403.209 2.455.463 Marketable securities issued
Tabungan 1.552.549 1.339.742 Saving Deposits
Efek yang dijual dengan Securities sold under
janji dibeli kembali 961.816 617.032 agreement to repurchase
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 155.344 264.514 and other financial institutions
Pinjaman Subordinasi 34.449 35.310 Subordinated loans
Lain-lain 4.164.915 3.989.035 Others
47.412.679 34.673.819
Mata uang asing Foreign currency
Giro 3.299.186 3.095.269 Demand Deposits
Deposito berjangka 2.359.316 1.575.165 Time Deposits
Pinjaman yang diterima 1.734.720 1.812.804 Fund borrowings
Efek yang dijual dengan Securities sold under
janji dibeli kembali 442.447 341.089 agreement to repurchase
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 384.059 412.641 and other financial institutions
Surat berharga yang diterbitkan 95.202 513.444 Marketable securities issued
Tabungan 9.743 8.832 Saving Deposits
Lain-lain 465.445 225.801 Others
8.790.118 7.985.045
Total beban bunga 56.202.797 42.658.864 Total interest expense
Beban syariah 1.006.265 1.153.643 Sharia expense
Total 57.209.062 43.812.507 Total
279
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
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,
2024 2023
Kredit yang diberikan (Catatan 11d) 40.288.537 26.715.657 Loans (Note 11d)
Pinjaman Syariah (Catatan 12) 2.571.410 1.907.836 Sharia loans (Note 12)
Piutang sewa pembiayaan (Catatan 13c) 112.322 104.437 Finance Lease receivables (Note 13c)
Tagihan Akseptasi (Catatan 14c) 71.984 114.993 Acceptances Receivables (Note 14c)
Penempatan pada Bank Indonesia Placement with Bank Indonesia and
dan lembaga keuangan lain (Catatan 6c) (1.092) (123) other financial institutions (Note 6c)
Current accounts with
Giro pada Bank lain (Catatan 5c) (1.677) (8.542) Other Banks (Note 5c)
Efek-efek (Catatan 7g) (86.315) (18.805) Securities (Note 7g)
Wesel Ekspor dan Tagihan Lainnya Export Bills and Other Receivables
(Catatan 8c) (1.250.807) 684.994 (Note 8c)
Lain-lain 53.275 22.979 Other
Total 41.757.637 29.523.426 Total
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,
2024 2023
Gaji, upah dan tunjangan 22.585.592 21.811.379 Salaries, wages and allowances
Bonus, insentif dan tantiem 7.683.233 8.644.647 Bonuses, incentives and tantiem
Program bagi pekerja (Catatan 42) 3.277.767 2.306.592 Employees program (Note 42)
Iuran Jamsostek 1.050.039 979.670 Jamsostek contribution
Pendidikan dan pelatihan 1.038.807 1.243.074 Training and developments
Tunjangan kesehatan 727.446 747.928 Medical allowances
Biaya kompensasi saham 523.923 257.314 Stock compensation cost
Lain-lain 2.296.760 1.859.671 Others
Total 39.183.567 37.850.275 Total
Jumlah gaji dan tunjangan untuk Direksi adalah Total salaries and allowances of the Board of
sebesar Rp223.075 dan Rp195.671 masing-masing Directors amounted to Rp223,075 and Rp195,671 for
untuk tahun yang berakhir pada tanggal-tanggal the year ended December 31, 2024 and 2023,
31 Desember 2024 dan 2023, sedangkan jumlah respectively, and total salaries and allowances of the
gaji dan tunjangan untuk Dewan Komisaris adalah Board of Commissioners amounted to Rp87,700 and
sebesar Rp87.700 dan Rp83.417 masing-masing Rp83,417 for the year ended December 31, 2024 and
untuk tahun yang berakhir pada tanggal-tanggal 2023, respectively (Note 44).
31 Desember 2024 dan 2023 (Catatan 44).
Jumlah tantiem, bonus dan insentif Direksi, Dewan Bonuses, incentives and tantiem of BRI’s Boards of
Komisaris dan manajemen kunci BRI yang Directors, Commissioners and key employees
dibayarkan adalah sebesar Rp1.136.610 dan amounting to Rp1,136,610 and Rp750,925 for the
Rp750.925 masing-masing untuk tahun yang year ended December 31, 2024 and 2023,
berakhir pada tanggal 31 Desember 2024 dan 2023 respectively (Note 44).
(Catatan 44).
280
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
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,
2024 2023
Barang dan jasa pihak ketiga 6.889.710 4.166.991 Third party goods and services
Penyusutan aset tetap dan aset hak guna Depreciation of premises and equipments
(Catatan 16) 5.843.344 3.726.291 (Note 16)
Jasa outsourcing 5.048.910 4.774.261 Outsourcing service
Perbaikan dan pemeliharaan 2.032.212 2.880.929 Repairs and maintenance
Transportasi 1.549.674 1.579.211 Transportation
Sewa 1.139.636 1.811.534 Rent
Jasa profesional 768.771 820.808 Professional fees
Listrik dan air 758.451 774.227 Electricity and water
Komunikasi 434.240 522.559 Communications
E-Channel 314.109 1.863.958 E-Channel
Peralatan kantor 288.804 458.565 Office supplies
Percetakan dan benda pos 249.965 349.349 Printing and postage
Penelitian dan pengembangan produk 196.236 215.980 Research and product development
Instalasi komputer 147.502 101.399 Computer installations
Lain-lain 3.990.856 4.438.147 Others
Total 29.652.420 28.484.209 Total
37. (BEBAN) PENDAPATAN NON OPERASIONAL - 37. NON OPERATING (EXPENSES)/INCOME - NET
NETO
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,
2024 2023
Keuntungan penjualan aset tetap 87.922 125.187 Gain on sale of premises and equipments
Corporate Social Responsibility (41.729) (28.914) Corporate Social Responsibility
Tanggung Jawab Sosial dan Lingkungan Non-PUMK Social and Environmental
Non PUMK (343.079) (341.998) Responsibility
Pendapatan sewa - 458 Rent income
Sumbangan (888) (363) Donation
Lain-lain - neto (681.134) (153.395) Others - net
Total (978.908) (399.025) Total
281
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. PERPAJAKAN 38. TAXATION
a) Utang Pajak a) Taxes Payable
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, the details
2023, rincian utang pajak adalah sebagai of taxes payable are as follows:
berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
BRI (entitas induk) BRI (parent entity)
Pajak Penghasilan Income tax
Pasal 25 1.341.508 1.461.224 Article 25
Pasal 29 14.611 20.725 Article 29
1.356.119 1.481.949
Entitas anak Subsidiaries
Pajak Penghasilan 682.774 959.642 Income tax
Pajak Pertambahan Nilai 111.594 105.248 Value-added tax
794.368 1.064.890
Total 2.150.487 2.546.839 Total
b) Beban Pajak b) Tax Expense
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
BRI (entitas induk) BRI (parent entity)
Beban pajak kini dari: Current tax expense of:
Tahun berjalan 12.353.975 10.817.648 Current year
Beban pajak Deferred income tax
penghasilan tangguhan 1.914.848 3.101.244 expense
14.268.823 13.918.892
Entitas anak Subsidiaries
Beban pajak kini dari: Current tax expense of:
Tahun berjalan 2.095.431 2.241.079 Current year
Beban (manfaat) pajak penghasilan Deferred income tax
tangguhan 591.048 (155.307) expense (benefit)
2.686.479 2.085.772
Total 16.955.302 16.004.664 Total
282
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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: income are as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
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 77.599.110 76.429.712 comprehensive income
Bagian laba entitas anak (8.488.819) (9.357.562) Income of subsidiaries
Laba sebelum beban pajak BRI Income before tax expense
(entitas induk) 69.110.291 67.072.150 of BRI (parent entity)
Perbedaan temporer: Temporary differences:
Benefit pekerja berbasis saham 423.183 115.688 Share-based employee benefits
Keuntungan yang belum direalisasi dari Unrealized gain of securities
nilai efek-efek yang diukur pada measured at fair value
nilai wajar melalui laba rugi (36.023) (39.388) through profit or loss
Pembentukan penyisihan
beban pekerja (395.584) (221.789) Provision for employee expense
Penyusutan aset tetap (751.047) 64.402 Depreciation of premises and equipment
Cadangan estimasi kerugian Provision for estimated losses on
komitmen dan kontinjensi (3.566.498) (339.718) commitments and contingencies
Allowance for impairment losses
Cadangan kerugian aset produktif (5.752.181) (15.807.615) on productive assets
(10.078.150) (16.228.420)
Perbedaan permanen: Permanent differences:
Promosi 2.263.796 2.188.093 Promotions
Humas 489.461 860.662 Public relations
Representasi dan sumbangan 172.749 176.675 Representations and donations
Perjalanan dan Santunan 58.851 45.459 Travel and compensation
Laba dari Unit Kerja Luar Negeri (621.322) (353.604) Income from overseas branch offices
Bagian laba entitas asosiasi (1.098.237) (884.087) Income of associates
Pendapatan yang merupakan Income that is not an object
bukan objek pajak (1.658.912) (1.187.800) of income tax
Lain-lain 6.382.391 5.245.863 Others
5.988.777 6.091.261
Taksiran penghasilan
kena pajak 65.020.918 56.934.991 Estimated taxable income
Entitas induk Parent entity
Beban pajak-kini (12.353.975) (10.817.648) Income tax expense - current
Pembayaran angsuran
pajak penghasilan selama Payment of income tax installments
tahun berjalan 12.339.364 10.796.923 during current year
Estimasi utang pajak Estimated income tax
penghasilan Pasal 29 - Neto (14.611) (20.725) payable Article 29 - Net
283
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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,
2024 2023
Pembayaran angsuran pajak
penghasilan selama catatan Payment of tax installments
tahun berjalan 941.508 2.089.356 recorded in current year
Entitas anak Subsidiaries
Beban pajak-kini (2.095.431) (2.241.079) Income tax expense - current
Pembayaran angsuran
pajak penghasilan selama Payment of income tax installments
tahun berjalan 1.647.916 1.520.080 during current year
Estimasi utang pajak Estimated income tax
penghasilan - Pasal 29 - neto (447.515) (720.999) payable - Article 29 - net
Perhitungan Pajak Penghasilan Badan untuk The calculation of Corporate Income Tax for the
tahun yang berakhir pada tanggal 31 Desember year ended December 31, 2024 as stated
2024 adalah sebagaimana disebutkan di atas above will be reported by BRI in the 2024
akan dilaporkan oleh BRI dalam Surat Annual Corporate Income Tax Return to the tax
Pemberitahuan Tahunan Pajak Penghasilan office.
(SPT PPh Badan) tahun 2024 ke kantor pajak.
Perhitungan Pajak Penghasilan Badan untuk The calculation of Corporate Income Tax for the
tahun yang berakhir pada tanggal 31 Desember year period ended December 31, 2023 is in
2023 adalah sesuai dengan SPT Tahunan accordance with the Company’s Annual Tax
Perusahaan. Return.
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
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 77.599.110 76.429.712 comprehensive income
Beban pajak dengan tarif 15.687.763 14.810.004 Tax expense with applicable
pajak yang berlaku tax rates
Pendapatan yang tidak dapat Income that cannot be
dikurangkan untuk tujuan perpajakan deductible for tax purposes
BRI 1.137.868 1.157.340 BRI
Entitas anak 129.671 37.320 Subsidiaries
16.955.302 16.004.664
284
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
produktif 6.888.170 (1.092.914) - 5.795.256 productive 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
Benefit 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 3.465.500 2.988.990 Net deferred tax asset - subsidiaries
Total aset pajak tangguhan Total deferred tax asset
konsolidasian - neto 15.605.462 12.867.477 consolidated - net
31 Desember/ December 31, 2023
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
produktif 9.891.617 (3.003.447) - 6.888.170 productive assets
Penyisihan beban pekerja 3.147.827 (42.140) - 3.105.687 Provision for employee expense
Cadangan estimasi kerugian Allowance for estimated losses on
komitmen dan kontinjensi 1.226.755 (64.546) - 1.162.209 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 1.046.955 - (469.741) 577.214 other comprehensive income
Pengukuran kembali program Remeasurement of liabilities for
imbalan pasti 162.159 - 295.628 457.787 employee benefits
Benefit pekerja berbasis saham 43.047 21.981 - 65.028 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 (9.456) (7.484) - (16.940) profit or loss
Penyusutan aset tetap (93.585) (5.608) - (99.193) Depreciation of premises and equipment
Aset pajak tangguhan neto -
entitas induk 15.415.319 (3.101.244) (174.113) 12.139.962 Net deferred tax asset - parent entity
Aset pajak tangguhan neto -
entitas anak 3.297.675 3.465.500 Net deferred tax asset - subsidiaries
Total aset pajak tangguhan Total deferred tax asset
konsolidasian - neto 18.712.994 15.605.462 consolidated - net
285
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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).
Tahun 2021 tentang Harmonisasi Peraturan
Perpajakan (UU HPP).
Adapun aturan tersebut telah menetapkan The regulation has stipulated reduction in
antara lain, penurunan tarif pajak penghasilan income tax rates for domestic corporate
wajib pajak badan dalam negeri dan bentuk taxpayers and permanent establishments from
usaha tetap dari semula 25% menjadi 22% 25% to 22% for fiscal year 2020, 2021, 2022
untuk tahun pajak 2020, 2021, 2022, dan tahun onwards and a further reduction of the tax rate
selanjutnya, serta pengurangan lebih lanjut tarif by 3% for corporate income taxpayers that fulfill
pajak sebesar 3% untuk wajib pajak dalam certain criteria.
negeri yang memenuhi persyaratan tertentu.
Untuk tahun yang berakhir pada tanggal For the year ending December 31, 2024, based
31 Desember 2024, berdasarkan surat on the certificate from Datindo Entrycom
keterangan dari Datindo Entrycom No. DE/I/2025-0193 dated January 6, 2025,
No. DE/I/2025-0193 tanggal 6 Januari 2025 regarding the ownership of BRI shares and the
yang berkaitan dengan kepemilikan saham BRI monthly share ownership report from the
dan laporan bulanan kepemilikan saham dari Securities Administration Bureau, all the specific
Biro Administrasi Efek, semua persyaratan requirements mentioned above to obtain the tax
tertentu di atas untuk memperoleh fasilitas rate reduction facility have been fulfilled.
penurunan tarif pajak tersebut telah terpenuhi.
Untuk tahun yang berakhir pada tanggal For the year ending December 31, 2023, based
31 Desember 2023, berdasarkan surat on the certificate from Datindo Entrycom
keterangan dari Datindo Entrycom No. DE/I/2024-0191 dated January 4, 2024,
No. DE/I/2024-0191 tanggal 4 Januari 2024 regarding the ownership of BRI shares and the
yang berkaitan dengan kepemilikan saham BRI monthly share ownership report from the
dan laporan bulanan kepemilikan saham dari Securities Administration Bureau, all the specific
Biro Administrasi Efek, semua persyaratan requirements mentioned above to obtain the tax
tertentu di atas untuk memperoleh fasilitas rate reduction facility have been fulfilled.
penurunan tarif pajak tersebut telah terpenuhi.
286
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 akan diakui sebagai biaya yang 2024, and the excess will be recognized as an
dibebankan seluruhnya untuk tahun fiskal 2025. expense fully charged to the fiscal year 2025.
Sedangkan Pegadaian dan PNM memutuskan Meanwhile Pegadaian and PNM decided to
selisih lebih akibat perhitungan awal nilai charge the entire amount in 2024 for excess of
tercatat cadangan piutang tak tertagih tahun calculated the carrying value of the allowance for
fiskal 2024 akan dibebankan seluruhnya di doubtful accounts for the beginning of the fiscal
tahun 2024. year 2024.
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.
287
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
Peraturan Menteri Keuangan Republik Indonesia The Regulation of the Minister of Finance of the
No. PMK-136 Tahun 2024 (PMK 136/2024) telah Republic of Indonesia Number 136 Year 2024 (PMK
disahkan di Indonesia, yuridksi dimana BRI 136/2024) has been enacted in Indonesia, the
didirikan, dan akan mulai berlaku sejak 1 Januari jurisdiction where BRI is established, and will be
2025. Karena PMK 136/2024 belum efektif pada effective on January 1, 2025. Since PMK 136/2024 is
tanggal pelaporan, BRI dan entitas anak tidak not effective yet on the reporting date, BRI and its
memiliki eksposur pajak saat ini yang terkait. subsidiaries do not have any current tax exposure
related to pillar two income taxes.
Seperti yang diungkapkan dalam Catatan 2ak, BRI As disclosed in Note 2ak, BRI and subsidiaries has
dan entitas anak telah menerapkan pengecualian applied the exception to the recognition and
atas pengakuan dan pengungkapan pajak disclosure of deferred taxes related to the Pillar Two
tangguhan terkait pajak penghasilan Pilar Dua. income taxes. Accordingly, BRI and subsidiaries
Dengan demikian, BRI dan entitas anak tidak neither recognizes nor discloses information about
mengakui dan mengungkapkan informasi tentang deferred tax assets and liabilities related to Pillar Two
aset dan kewajiban pajak tangguhan yang timbul income taxes.
dari pajak penghasilan Pilar Dua.
Sebagaimana disebutkan dalam Catatan 2ak, BRI As mentioned in the Note 2ak, BRI and subsidiaries
dan entitas anak berada dalam lingkup model Pilar is in scope of the Pillar Two model as regulated in the
Dua sebagaimana diatur dalam PMK 136/2024 PMK 136/2024 because BRI and subsidiaries is a
karena BRI dan entitas anak merupakan multinational enterprise and the annual revenue of
perusahaan multinasional dan pendapatan tahunan BRI in excess of EUR750,000,000 per consolidated
BRI dan entitas anak lebih dari EUR750.000.000 financial statements.
berdasarkan laporan keuangan konsolidasi.
Dikarenakan PMK 136/2024 akan berlaku sejak Since PMK 136/2024 will be implemented on
tanggal 1 Januari 2025, BRI dan entitas anak saat January 1, 2025, BRI and subsidiaries is currently still
ini masih dalam proses menilai potensi eksposur assessing the impact of the potential exposure of
pajak penghasilan Pilar Dua pada 31 Desember Pillar Two income taxes as of December 31, 2024.
2024. Potensi eksposur, jika ada, terhadap pajak The potential exposure, if any, to Pillar Two income
penghasilan Pilar Dua saat ini belum dapat taxes is not yet calculated and reasonably estimable.
diperhitungkan dan diperkirakan secara wajar.
Penilaian potensi eksposur terhadap pajak The assessment of the potential exposure to Pillar
penghasilan Pilar Dua didasarkan pada pengajuan Two income taxes is based on the most recent tax
pajak terbaru, pelaporan negara per negara, dan filings, country-by-country reporting and financial
laporan keuangan untuk BRI dan entitas anak. statements for BRI and subsidiaries.
BRI dan entitas anak terus mengikuti perkembangan BRI and subsidiaries continues to follow Pillar Two
legislatif Pilar Dua, seiring dengan negara-negara legislative developments, as further countries starting
lain mulai memberlakukan Pilar Dua aturan model, to enact the Pillar Two model rules, to evaluate the
untuk mengevaluasi potensi dampak masa depan potential future impact on its consolidated results of
terhadap hasil operasi konsolidasi dan posisi operations and financial positione.
keuangan.
288
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 intern. 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.
289
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 is assisted by individual Risk Management
Committee (RMC) individual dan RMC terintegrasi Committee (RMC) and integrated RMC (consolidated
(konsolidasi dengan entitas anak) sebagai komite with the subsidiaries) as the committee in BRI’s risk
dalam sistem manajemen risiko BRI yang bertugas management system which are assigned to provide
memberikan rekomendasi kepada Direktur Utama recommendations to the President Director in
dalam merumuskan kebijakan, menyempurnakan 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 advises
memberikan saran-saran dan langkah-langkah 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.
290
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023: December 31, 2024 and 2023:.
31 Desember/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
31 Desember/ December 31, 2023
Eksposur
Maksimum/ Eksposur
Maximum Agunan/ Net/ Net
Exposure Collateral Exposure
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali 33.595.231 35.000.000 1.404.769 agreement to resell
291
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
292
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 carrying value, categorized according to
pada nilai tercatat yang dikategorikan their geographical regions as of December
berdasarkan wilayah geografis pada 31, 2024 and 2023. Geographical area
tanggal-tanggal 31 Desember 2024 dan category based on the operational location
2023. Kategori wilayah geografis of BRI’s business which also describes the
berdasarkan tempat beroperasinya bisnis business potential of each area:
BRI yang sekaligus menggambarkan
potensial bisnis wilayah masing-masing:
31 Desember/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
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)
Bersih/Net 1.861.188.802
*) Aset lain-lain terdiri atas piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas DHE/
Other assets consist of interest receivables, other receivables, accrued income based on sharia principles and foreign currency term deposit for foreign exchange
proceeds of export Bank Indonesia
293
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023. Geographical area
tanggal-tanggal 31 Desember 2024 dan category based on the operational location
2023. 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/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
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
31 Desember/December 31, 2023
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 101.829.850 3.217 506 9.400 4.117 7.537 54.494 101.909.121
Giro pada Bank lain/
Current Account
with Other Banks 19.927.489 14.651 9.518 23.468 20.313 28.942 2.307.538 22.331.919
Penempatan pada Bank Indonesia
dan lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institution 53.257.077 30.500 455.000 - 284.500 654.300 10.543.883 65.225.260
Efek-efek/Securities
Nilai wajar melalui laba rugi/
Fair Value Through
Profit or Loss 22.241.263 - - - - - 151.908 22.393.171
Nilai wajar melalui
penghasilan
komprehensif lain/
Fair Value Through Other
comprehensive Income 152.358.665 - - - - - 10.980.500 163.339.165
Biaya perolehan diamortisasi/
Amortized cost 144.234.988 - - - - - 1.123.980 145.358.968
294
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023. Geographical area
tanggal-tanggal 31 Desember 2024 dan category based on the operational location
2023. 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/December 31, 2023
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 36.130.139 479.057 237.311 2.480.045 3.174.169 2.225.356 9.404.020 54.130.097
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 33.595.231 - - - - - - 33.595.231
Tagihan derivatif/
Derivative receivables 911.683 - - - - - - 911.683
Kredit yang diberikan/Loans
Mikro/Micro 30.615.492 51.891.759 91.786.254 79.493.058 102.585.071 161.742.597 827.925 518.942.156
Ritel/Retail 136.453.558 32.746.058 51.458.028 62.055.584 83.602.923 128.358.767 1.264.808 495.939.726
Korporasi/Corporate 160.688.906 8.266.139 2.163.276 185.601 5.740.485 5.401.406 15.250.391 197.696.204
Pinjaman syariah/Sharia loans 2.282.135 8.510.451 5.406.843 8.974.054 10.652.991 9.508.908 602.314 45.937.696
Piutang sewa pembiayaan/
Finance lease receivables 1.908.683 1.760.875 742.928 857.090 1.399.189 1.244.700 - 7.913.465
Tagihan akseptasi/
Acceptance receivables 9.270.656 12.151 48.994 236.494 13.296 47.942 587.875 10.217.408
Aset lain-lain*)/Other assets*) 28.371.173 279.981 311.488 433.251 606.988 1.205.464 90.234 31.298.579
Jumlah/Total 934.076.988 103.994.839 152.620.146 154.748.045 208.084.042 310.425.919 53.189.870 1.917.139.849
Dikurangi cadangan kerugian
penurunan nilai/
Less allowance for
impairment losses (88.168.856)
Bersih/Net 1.828.970.993
Rekening Administratif/
Administrative Accounts
L/C yang tidak dapat
dibatalkan yang
masih berjalan
dalam rangka impor/
Irrevocable L/C 8.865.216 633.214 44.272 566.310 902.962 435.256 - 11.447.230
Garansi yang diterbitkan/
Guarantees issued 46.379.671 5.000.214 2.588.992 2.877.476 3.209.606 5.836.966 - 65.892.925
Jumlah/Total 55.244.887 5.633.428 2.633.264 3.443.786 4.112.568 6.272.222 - 77.340.155
Dikurangi cadangan kerugian
penurunan nilai/
Less allowance for
impairment losses (4.884.777)
Neto/Net 72.455.378
*) Aset lain-lain terdiri atas piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas DHE/
Other assets consist of interest receivables, other receivables, accrued income based on sharia principles and foreign currency term deposit for foreign exchange
proceeds of export Bank Indonesia
295
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 2024 and 2023:
dan 2023:
31 Desember/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
296
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 2024 and 2023 (continued):
dan 2023 (lanjutan):
31 Desember/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)
Bersih/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 piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas DHE/
Other assets consist of interest receivables, other receivables, accrued income based on sharia principles and foreign currency term deposit for foreign exchange
proceeds of export Bank Indonesia
297
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 2024 and 2023 (continued):
dan 2023 (lanjutan):
31 Desember/December 31, 2023
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 101.909.121 - - - - - - 101.909.121
Giro pada Bank lain/
Current Account
with Other Banks - 22.331.919 - - - - - 22.331.919
Penempatan pada
Bank Indonesia
dan lembaga
keuangan lain/
Placement with
Bank Indonesia
and Other
Financial Institution 48.916.961 16.308.299 - - - - - 65.225.260
Efek-efek/Securities
Nilai wajar
melalui laba rugi/
Fair Value Through
Profit or Loss 11.603.446 9.057.989 8.651 873.111 2 573.417 276.555 22.393.171
Nilai wajar melalui
penghasilan
komprehensif lain/
Fair Value
Through Other
comprehensive
Income 131.245.386 26.253.605 27 4.591.790 1.716 1.240.605 6.036 163.339.165
Biaya perolehan
di amortisasi/
Amortized cost 123.438.096 21.263.702 11.000 473.431 - 172.739 - 145.358.968
Wesel ekspor dan
tagihan lainnya/
Export Bills and
Other Receivables 1.718.917 - - 1.266.396 106.919 1.489.692 49.548.173 54.130.097
Efek-efek yang dibeli
dengan janji dijual
kembali/
Securities purchased/
under agreement
to resell 19.317.543 14.277.688 - - - - - 33.595.231
Tagihan derivatif/
Derivative receivables - 911.683 - - - - - 911.683
Kredit yang diberikan/
Loans
Mikro/Micro - - 126.328.648 38.558.229 223.144.930 43.918.237 86.992.112 518.942.156
Ritel/Retail - - 31.347.663 20.418.613 166.628.272 18.148.895 259.396.283 495.939.726
Korporasi/Corporate 1.207.001 - 30.265.580 45.361.102 17.066.890 10.964.404 92.831.227 197.696.204
Pinjaman syariah/
Sharia loans - - 8.581.524 319.588 27.642.710 1.547.276 7.846.598 45.937.696
Piutang sewa pembiayaan/
Finance lease receivables - 577.463 - 2.515.913 1.330.288 2.112.032 1.377.769 7.913.465
Tagihan akseptasi/
Acceptance receivables - - - 313.613 - 918.308 8.985.487 10.217.408
Aset lain-lain*)/
Other assets*) 18.675.355 6.525.822 751 42.255 434.940 327.108 5.292.348 31.298.579
Jumlah/Total 458.031.826 117.508.170 196.543.844 114.734.041 436.356.667 81.412.713 512.552.588 1.917.139.849
298
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 2024 and 2023 (continued):
dan 2023 (lanjutan):
31 Desember/December 31, 2023
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 (88.168.856 )
Bersih/Net 1.828.970.993
Rekening
Administratif/
Administrative
Accounts
L/C yang tidak dapat
dibatalkan yang
masih berjalan
dalam rangka impor/
Irrevocable L/C - 30.889 3.853.331 2.566.169 40.770 626.549 4.329.522 11.447.230
Garansi yang Diterbitkan/
Guarantees issued - 3.685.723 554.292 11.964.097 147.438 13.372.299 36.169.076 65.892.925
Jumlah/Total - 3.716.612 4.407.623 14.530.266 188.208 13.998.848 40.498.598 77.340.155
Dikurangi cadangan
kerugian
penurunan nilai/
Less allowance for
impairment losses (4.884.777 )
Neto/Net 72.455.378
*) Aset lain-lain terdiri atas piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas DHE/
Other assets consist of 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 2024 dan 2023 31, 2024 and 2023
a. Giro pada bank lain a. Current accounts with other banks
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, this
dan 2023, 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 2024 As of December 31, 2024 and 2023, this
dan 2023, aset keuangan ini mengalami financial asset is collectively impaired.
penurunan nilai secara kolektif.
299
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 (lanjutan) 31, 2024 and 2023 (lanjutan)
c. Efek-efek c. Securities
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, this
dan 2023, 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 2024 As of December 31, 2024 and 2023, this
dan 2023, aset keuangan ini mengalami financial asset is impaired as follows:
penurunan nilai sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Mengalami penurunan nilai 94.694 134.737 Impaired
Telah jatuh tempo tetapi
tidak mengalami penurunan
nilai 261.824 279.684 Past due but not impaired
Belum jatuh tempo atau tidak
mengalami penurunan nilai 6.077.090 7.499.044 Neither past due nor impaired
6.433.608 7.913.465
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (165.590) (215.308) impairment losses
Total 6.268.018 7.698.157 Total
e. Kredit yang diberikan dan pinjaman syariah e. Loan and sharia loans
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, this
dan 2023, 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/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
300
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 (lanjutan) 31, 2024 and 2023 (lanjutan)
e. Kredit yang diberikan dan pinjaman syariah e. Loan and sharia loans (continued)
(lanjutan)
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, this
dan 2023, 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/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
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
301
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 (lanjutan) 31, 2024 and 2023 (lanjutan)
e. Kredit yang diberikan dan pinjaman syariah e. Loan and sharia loans (continued)
(lanjutan)
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, this
dan 2023, 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/ December 31, 2023
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 332.711.615 24.403.801 24.548.175 17.380.785 399.044.376 restaurant
Pertanian 181.390.478 6.173.223 7.916.500 9.432.699 204.912.900 Agriculture
Perindustrian 66.721.183 3.075.898 4.141.701 6.629.612 80.568.394 Manufacturing
Jasa dunia usaha 54.424.228 2.785.103 3.804.469 3.543.519 64.557.319 Business services
Electricity, gas and
Listrik, gas dan air 11.840.349 145.165 101.570 152.683 12.239.767 water
Konstruksi 21.942.392 616.255 485.233 6.623.769 29.667.649 Construction
Pengangkutan, Transportation,
pergudangan warehousing and
dan komunikasi 22.083.188 910.144 848.650 1.922.255 25.764.237 communication
Jasa pelayanan
sosial 5.902.571 399.620 332.307 408.163 7.042.661 Social Service
Pertambangan 11.582.453 179.354 93.206 500.152 12.355.165 Mining
Lain-lain 292.739.085 5.368.366 9.087.233 7.636.267 314.830.951 Others
1.001.337.542 44.056.929 51.359.044 54.229.904 1.150.983.419
Mata uang asing Foreign currency
Perindustrian 27.711.170 463 33.951 1.901.837 29.647.421 Manufacturing
Pertanian 10.183.322 - - 488.378 10.671.700 Agriculture
Electricity, gas and
Listrik, gas dan air 19.679.604 - - - 19.679.604 water
Perdagangan,
perhotelan dan Trading, hotels and
restoran 6.902.186 2.669 - 1.052.197 7.957.052 restaurant
Pengangkutan, Transportation,
pergudangan dan warehousing and
komunikasi 1.131.779 - - 74.285 1.206.064 communication
Pertambangan 17.681.313 - - 1.814.075 19.495.388 Mining
Jasa pelayanan
sosial 1.207.241 - - - 1.207.241 Social Service
Jasa dunia usaha 5.670.372 - 107.213 2.690.444 8.468.029 Business services
Konstruksi 5.016.705 - - 131.408 5.148.113 Construction
Lain-lain 4.041.390 - 2.728 7.633 4.051.751 Others
99.225.082 3.132 143.892 8.160.257 107.532.363
Total 1.100.562.624 44.060.061 51.502.936 62.390.161 1.258.515.782 Total
Dikurangi cadangan
kerugian penurunan Less allowance for
nilai (85.286.580) Impairment losses
Neto 1.173.229.202 Net
*) Termasuk seluruh kredit yang dianalisa secara individual *) Including all loans analyzed individually
302
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023 (lanjutan) 31, 2024 and 2023 (lanjutan)
f. Wesel ekspor dan tagihan lainnya f. Export bills and other receivables
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023this
dan 2023 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 2024 As of December 31, 2024 and 2023, this
dan 2023, aset keuangan ini mengalami financial asset is collectively impaired.
penurunan nilai secara kolektif.
h. Efek-efek yang dibeli dengan janji dijual h. Securities purchased under agreement to
kembali resell
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, this
dan 2023, 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 2024 As of December 31, 2024 and 2023, this
dan 2023, aset keuangan ini mengalami financial asset is individually impaired.
penurunan nilai secara individual.
j. Rekening administratif j. Administrative accounts
Pada tanggal-tanggal 31 Desember 2024 As of December 31, 2024 and 2023, these
dan 2023, akun-akun administratif ini administrative accounts were impaired as
mengalami penurunan nilai dengan rincian follows:
sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah Rupiah
Garansi yang diterbitkan 37.815.057 41.712.234 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 2.357.169 2.228.613 Irrevocable L/C
40.172.226 43.940.847
Mata uang asing
Garansi yang diterbitkan 29.040.179 24.180.691 Guarantees issued
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam
rangka impor 9.418.751 9.218.617 Irrevocable L/C
38.458.930 33.399.308
78.631.156 77.340.155
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (2.061.936) (4.884.777) impairment Losses
Total 76.569.220 72.455.378 Total
303
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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 piutang bunga, piutang lain-lain, pendapatan yang *) Other assets consist of interest receivables, other receivables, accrued
masih akan diterima dengan prinsip syariah, dan term deposit valas DHE income based on sharia principles and foreign currency term deposit for
foreign exchange proceeds of export Bank Indonesia
**) Termasuk seluruh kredit yang dianalisa secara individual **) Including all loans analyzed individually.
304
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31, 2023
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 101.909.121 - - - 101.909.121 Bank Indonesia
Current Account with
Giro pada bank lain 22.262.708 69.211 - - 22.331.919 other bank
Penempatan pada Bank Placement with Bank
Indonesia dan lembaga Indonesia and other
keuangan lain 65.225.260 - - - 65.225.260 financial institutions
Efek-efek Securities
Nilai wajar melalui Fair value through
laba rugi 13.728.657 8.664.514 - - 22.393.171 profit or loss
Nilai wajar melalui Fair value through
penghasilan other Comprehensive
komprehensif lain 144.895.186 18.443.979 - - 163.339.165 income
Biaya perolehan
diamortisasi 124.204.129 21.154.839 - - 145.358.968 Amortized cost
Wesel ekspor dan Export Bills and Other
tagihan lainnya 54.130.097 - - - 54.130.097 Receivables
Efek-efek yang dibeli dengan Securities under purchase
janji dijual kembali 33.595.231 - - - 33.595.231 Agreement to resell
Tagihan derivatif 911.683 - - - 911.683 Derivative receivables
Kredit yang diberikan Loans
Mikro 460.191.060 14.430.771 31.730.579 12.589.746 518.942.156 Micro
Ritel 433.195.773 25.409.037 17.489.064 19.845.852 495.939.726 Retail
Korporasi 168.142.816 - 141.163 29.412.225 197.696.204 Corporate
Pinjaman syariah 40.827.284 2.425.944 2.142.130 542.338 45.937.696 Sharia loans
Piutang sewa pembiayaan 7.308.744 190.300 279.684 134.737 7.913.465 Finance lease receivables
Tagihan akseptasi 10.217.408 - - - 10.217.408 Acceptance receivables
Aset lain-lain*) 29.296.958 652.136 1.252.273 97.212 31.298.579 Others Assets*)
Total 1.710.042.115 91.440.731 53.034.893 62.622.110 1.917.139.849 Total
*) Aset lain-lain terdiri atas piutang bunga, piutang lain-lain, pendapatan yang *) Other assets consist of interest receivables, other receivables, accrued
masih akan diterima dengan prinsip syariah, dan term deposit valas DHE income based on sharia principles and foreign currency term deposit for
**) Termasuk seluruh kredit yang dianalisa secara individual foreign exchange proceeds of export Bank Indonesia
**) 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.
305
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 due, and have strong financial capacity
finansial yang kuat dalam hal in terms of repaying all obligations in a
pembayaran kembali seluruh timely manner.
kewajibannya secara 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. Standar Grade
a) Giro pada bank lain, penempatan a) Current accounts with Bank Indonesia,
pada Bank Indonesia dan lembaga current accounts with other banks,
keuangan lain, yaitu giro atau placements with Bank Indonesia and
penempatan pada bank yang tidak other financial institutions are current
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.
306
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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).
307
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
308
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
Analisa ini mencakup identifikasi dan This analysis includes the identification and
kalibrasi hubungan antara perubahan calibration of the relationship between
tingkat gagal bayar dan perubahan dalam changes in default rates and changes in key
faktor-faktor makro ekonomi utama serta macroeconomic factors as well as an in-
analisa mendalam tentang dampak faktor- depth analysis of the impact of certain other
faktor lain tertentu (seperti restrukturisasi) factors (e.g. restructuring) on the risk of
pada risiko gagal bayar. Untuk sebagian default. For most exposures, the main
besar eksposur, indikator makro ekonomi macroeconomic indicators include: Gross
utama meliputi: Pertumbuhan Domestik Domestic Product (GDP) growth,
Bruto (PDB), Tingkat Konsumsi, dan benchmark interest rates, and the
Tingkat Investasi. Untuk eksposur pada unemployment rate. For exposures in
industri dan/atau wilayah tertentu, analisa certain industries and/or regions, the
dapat mencakup harga komoditas analysis can include commodity prices
dan/atau harga properti yang relevan. and/or relevant property prices.
309
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
310
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
311
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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:
2024 2025
Pertumbuhan PDB dasar 5,37% dasar 5,04% GDP Growth
Kisaran antara 3,16 hingga 5,59% Kisaran antara 3,90 hingga 5,19%
baseline 5.37% baseline 5.04%
Ranges from 3.16 to 5.59% Ranges from 3.90 to 5.19%
Tingkat Konsumsi dasar 5,11% dasar 4,94% Consumption Rate
Kisaran antara 2,70 hingga 5,32% Kisaran antara 3,20 hingga 5,09%
baseline 5.11% baseline 4.94%
Ranges from 2.70 to 5.32% Ranges from 3.20 to 5.09%
Tingkat Investasi dasar 6,79% dasar 5,76% Investment rate
Kisaran antara 4,56 hingga 7,00% Kisaran antara 4,51 hingga 5,91%
baseline 6.79% baseline 5.76%
Ranges from 4.56 to 7.00% Ranges from 4.51 to 5.91%
312
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 statistical ranking model, and is assessed
menggunakan rating yang disesuaikan using a rating adjusted for various
dengan berbagai kategori dari debitur dan categories of debtors and exposures. This
eksposur. Model statistik ini didasarkan statistical model is based on internally
pada data yang disusun secara internal compiled data consisting of quantitative,
yang terdiri dari faktor kuantitatif, kualitatif, qualitative factors, and forward-looking
dan perkiraan berwawasan ke depan information.
(forward-looking).
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 intergral 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.
313
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
31 Desember/ December 31, 2023
30 hari/ > 30 - 60 hari/ > 60 - 90 hari/ Total/
30 days > 30 - 60 days > 60 - 90 days Total
Kredit yang diberikan Loans
Mikro 13.930.098 8.087.222 9.713.259 31.730.579 Micro
Ritel 8.134.782 4.413.165 4.941.117 17.489.064 Retail
Korporasi 141.163 - - 141.163 Corporate
Pinjaman syariah 675.163 1.466.967 - 2.142.130 Sharia loans
Piutang sewa pembiayaan 165.798 60.511 53.375 279.684 Finance lease receivables
Total 23.047.004 14.027.865 14.707.751 51.782.620 Total
314
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 a risk of BRI’s inability to meet the
ketidakmampuan BRI untuk memenuhi kewajiban maturity obligations of cash flow fund sources and/or
jatuh tempo dari sumber pendanaan arus kas of high quality liquid assets that can be mortgaged so
dan/atau dari aset likuid berkualitas tinggi yang as not to interfere with the activities and financial
dapat diagunkan sehingga tidak mengganggu 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 stability 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 stimulates stress testing on a quarterly basis
triwulanan yang disampaikan kepada Dewan Direksi which is submitted to the Board of Commissioners
dan Komisaris BRI melalui Risk Management and 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 which BRI will encounter in the
masa mendatang diukur melalui Liquidity Gap future are measured through Liquidity Gap Analysis
Analysis yang merupakan proyeksi mismatch which projects the mismatch of liquidity based on the
likuiditas atas dasar jatuh tempo aset dan liabilitas, 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.
315
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023:
(remaining maturity) pada tanggal 31 Desember
2024 dan 2023:
31 Desember/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)
316
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023
(remaining maturity) pada tanggal 31 Desember (continued):
2024 dan 2023 (lanjutan):
31 Desember/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 lembagakeuangan 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 piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas
DHE/Other assets consist of 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 kontrak investasi, utang koasuransi, reasuransi, liabilitas sewa, dan dana
tabarru’/Other liabilities consist of interest payables, security deposits, investment contract liabilities, coinsurance debts, reinsurance, lease liabilities,
tabarru’ funds, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia
317
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023
(remaining maturity) pada tanggal 31 Desember (continued):
2024 dan 2023 (lanjutan):
31 Desember/December 31, 2023
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 31.603.784 31.603.784 - - - -
Giro pada Bank Indonesia/
Current accounts with
Bank Indonesia 101.909.121 101.909.121 - - - -
Giro pada bank lain/
Current accounts with
Other Banks 22.331.919 22.331.919 - - - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (9.984) - - - - (9.984 )
Penempatan pada Bank Indonesia
dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 65.225.260 61.436.447 1.242.493 2.546.320 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (1.860) - - - - (1.860 )
Efek-efek/Securities 331.091.304 194.565.435 8.999.005 18.170.889 109.355.975 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (81.510) - - - - (81.510 )
Wesel ekspor dan tagihan lainnya/
Export Bills and Other Receivables 54.130.097 29.306.985 16.049.621 8.773.491 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (2.323.916) - - - - (2.323.916 )
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 33.595.231 23.830.224 - 9.569.883 195.124 -
Tagihan Derivatif/
Derivative receivables 911.683 143.622 156.256 227.894 383.911 -
Kredit yang diberikan/Loans
Mikro/Micro 518.942.156 6.657.133 11.435.418 119.935.782 380.913.823 -
Ritel/Retail 495.939.726 18.000.231 29.102.809 113.598.219 335.238.467 -
Korporasi/Corporate 197.696.204 5.666.577 10.563.086 28.592.473 152.874.068 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (81.924.402) - - - - (81.924.402)
Pinjaman syariah/Sharia loans 45.937.696 155.642 861.480 33.652.002 11.268.572 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (3.362.178) - - - - (3.362.178 )
Piutang sewa pembiayaan/
Finance lease receivables 7.913.465 45.234 652.589 2.111.721 5.103.921 -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (215.308) - - - - (215.308 )
Tagihan akseptasi/
Acceptance receivables 10.217.408 2.485.675 4.732.675 2.999.058 - -
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (249.698) - - - - (249.698 )
Aset lain-lain*)/Other assets*) 31.298.579 2.427.759 6.876.823 9.212.645 1.331.761 11.449.591
1.860.574.777 500.565.788 90.672.255 349.390.377 996.665.622 (76.719.265 )
318
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023
(remaining maturity) pada tanggal 31 Desember (continued):
2024 dan 2023 (lanjutan):
31 Desember/December 31, 2023
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 30.651.807 14.808.230 1.591.242 14.252.335 - -
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 346.124.372 - - - - 346.124.372
Tabungan/ Saving deposits 527.945.550 - - - - 527.945.550
Deposito berjangka/
Time deposits 484.258.839 116.496.420 189.212.807 177.096.845 1.452.767 -
Simpanan dari bank lain
dan lembaga keuangan lain/
Deposits from other Bank
and other financial institutions 11.958.319 8.595.131 1.834.885 1.528.303 - -
Efek yang dijual dengan
janji dibeli kembali/
Securities sold under agreement
to repurchase 19.079.458 3.024.325 300.454 7.258.781 8.495.898 -
Liabilitas derivatif/
Derivative payable 925.210 274.872 200.232 66.126 383.980 -
Liabilitas akseptasi/
Acceptance payable 10.217.408 2.485.675 4.732.675 2.999.058 - -
Surat berharga yang diterbitkan/
Marketable securities issued 49.637.581 1.020.000 8.634.126 18.223.255 21.760.200 -
Pinjaman yang diterima/
Fund borrowing 98.850.813 41.422.439 21.601.299 8.057.724 27.769.351 -
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities 496.683 - - - 496.683 -
Liabilitas lain-lain**)/
Other liabilities **) 14.052.073 4.264.064 5.637.757 174.704 3.898.932 76.616
1.594.198.113 192.391.156 233.745.477 229.657.131 64.257.811 874.146.538
Perbedaan Jatuh Tempo/
Temporary Difference 266.376.664 308.174.632 (143.073.222) 119.733.246 932.407.811 (950.865.803)
*) Aset lain-lain terdiri atas piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas
DHE/Other assets consist of 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 kontrak investasi, utang koasuransi, reasuransi, liabilitas sewa, dan dana
tabarru’/Other liabilities consist of interest payables, security deposits, investment contract liabilities, coinsurance debts, reinsurance, lease
liabilities, tabarru’ funds, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia
319
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023, as
2024 dan 2023 adalah sebagai berikut: follows:
31 Desember/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 kontrak investasi, utang koasuransi, reasuransi, liabilitas sewa, dana tabarru’,
dan term deposit valas DHE/Other liabilities consist of interest payables, security deposits, investment contract liabilities, coinsurance debts,
reinsurance, lease liabilities, tabarru’ funds, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia
320
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023, as
2024 dan 2023 adalah sebagai berikut (lanjutan): follows (continued):
31 Desember/December 31, 2023
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/ 30.651.807 14.808.230 1.591.242 14.252.335 - -
Liability due immediately
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 346.124.372 - - - - 346.124.372
Tabungan/Saving deposits 527.945.550 - - - - 527.945.550
Deposito berjangka/ 489.862.004 4.935.530 2.205.417 2.004.786 480.716.271 -
Simpanan dari bank
lain dan lembaga
keuangan lainnya/
Deposits from other Bank
and other financial institutions 12.007.709 9.498.503 1.348.574 1.160.632 - -
Efek yang dijual dengan
janji dibeli kembali/
Securities sold under
repurchase agreement to 20.054.639 391.556 5.954.035 4.289.283 9.419.765 -
Liabilitas derivatif/
Derivative payable 925.210 279.313 195.791 66.125 383.981 -
Liabilitas akseptasi/
Acceptance payable 10.217.408 2.485.675 4.732.675 2.999.058 - -
Surat berharga yang diterbitkan/
Marketable securities issued 54.941.873 1.025.653 8.730.224 19.389.055 25.796.941 -
Pinjaman yang diterima/
Fund borrowing 99.358.517 41.719.204 22.161.140 9.618.247 25.859.926 -
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities 647.723 - - - 647.723 -
Liabilitas lain-lain***)/
Other liabilities ***) 14.052.073 4.264.064 5.637.757 174.704 3.898.932 76.616
1.606.788.885 79.407.728 52.556.855 53.954.225 546.723.539 874.146.538
***) Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas kontrak investasi, utang koasuransi, reasuransi, liabilitas sewa, dana tabarru’,
dan term deposit valas DHE/Other liabilities consist of interest payables, security deposits, investment contract liabilities, coinsurance debts,
reinsurance, lease liabilities, tabarru’ funds, and foreign currency term deposit for foreign exchange proceeds of export Bank Indonesia
321
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.
322
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 sampai VaR value starting from January 1, 2024 until
dengan 31 Desember 2024 dan December 31,2024 and January 1, 2023 until
1 Januari 2023 sampai dengan 31 Desember December 31, 2023:
2023:
31 Desember/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
31 Desember/ December 31, 2023
Nilai Tukar*)/ Suku Bunga/
Exchange Rate*) Interest Rate
Rata-rata Harian 32.180,53 226.723,86 Daily Average
Tertinggi 67.411,01 333.276,04 Highest
Terendah 113,78 120.292,93 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.
323
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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
Interest Rate Risk in The Banking Book through Interest Rate Risk in The Banking
sesuai SEOJK No. 12/SEOJK.03/2018 Book in accordance with SEOJK
tanggal 21 Agustus 2018. Posisi Desember No. 12/SEOJK.03/2018 dated August 21,
2024, secara individu BRI mempunyai nilai 2018. As of December 2024, individually
delta EVE (Economic Value of Equity) BRI has a delta EVE (Economic Value of
sebesar 7,04% (perbandingan terhadap Equity) amounting to 7.04% (comparison to
modal Tier 1). Delta EVE BRI di bawah Tier 1 capital). The BRI EVE Delta is below
RAS BRI (7,43%) dan di bawah batas the BRI RAS (7.43%) and below the
regulator (15,00%). Secara konsolidasi, regulator's limit (15.00%). On
BRI mempunyai nilai delta EVE (Economic a consolidated basis, BRI has a delta EVE
Value of Equity) sebesar 7,04% Value (Economic Value of Equity)
(perbandingan terhadap modal Tier 1). amounting to 7.04% (comparison to Tier 1
capital).
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 for the
untuk tahun yang berakhir pada tanggal year ended December 31, 2024 and 2023:
31 Desember 2024 dan 2023:
Rupiah/ Rupiah (%)
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Aset Assets
Penempatan pada Bank Placement with Bank
Indonesia dan lembaga Indonesia and other
keuangan lain 3,34 5,45 financial institutions
Efek-efek 6,88 6,61 Securities
Kredit yang diberikan 11,32 11,79 Loans
Piutang sewa pembiayaan 17,09 16,86 Finance lease receivables
Liabilitas Liabilities
Simpanan nasabah Deposits from customers
Giro 4,82 2,72 Demand deposits
Tabungan 0,29 0,26 Saving deposits
Deposito berjangka 5,67 4,71 Time deposits
Simpanan dari bank lain Deposits with other bank and
dan lembaga keuangan lain 3,07 1,76 other financial institutions
Pinjaman yang diterima 0,02 0,02 Fund borrowings
Pinjaman dan surat Subordinated loans and
berharga subordinasi 6,44 4,37 marketable securities
Surat berharga yang diterbitkan 10,10 7,04 Marketable securities issued
324
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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 the
untuk tahun yang berakhir pada tanggal year ended December 31, 2024 and 2023
31 Desember 2024 dan 2023 (lanjutan): (continued):
Valas/ Foreign Currency (%)
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Aset Assets
Penempatan pada Bank Placement with Bank
Indonesia dan lembaga Indonesia and other
keuangan lain 5,61 5,41 financial institutions
Efek-efek 4,09 3,52 Securities
Kredit yang diberikan 5,08 5,07 Loans
Piutang sewa pembiayaan 6,43 6,53 Finance lease receivables
Liabilitas Liabilities
Simpanan nasabah Deposits from customers
Giro 2,33 2,62 Demand deposits
Tabungan 0,16 0,19 Saving deposits
Deposito berjangka 4,36 3,18 Time deposits
Simpanan dari bank lain Deposits with other bank and
dan lembaga keuangan lain 1,21 2,15 other financial institutions
Pinjaman yang diterima 4,53 5,48 Fund borrowings
Surat berharga yang diterbitkan 0,00 3,95 Marketable securities issued
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, 2024, and 2023 (Bank BRI
31 Desember 2024 dan 2023 (Bank BRI only), as follows::
saja) yaitu:
Peningkatan Penurunan
400 bps/ 400 bps/
Increase of Decrease of
400 bps 400 bps
31 Desember 2024 (17.018.702) 17.637.638 December 31, 2024
31 Desember 2023 (15.434.868) 15.984.479 December 31, 2023
325
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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/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
31 Desember/December 31,2023
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 % +/-2.317.803
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/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
326
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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
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
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
327
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/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 Liabilies (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 piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas DHE/
Other assets consist of 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 kontrak investasi, utang koasuransi, reasuransi dan diklasifikasi siap untuk dijual, dana
tabarru’, dan term deposit valas DHE/
Other liabilities consist of interest payables, guarantee deposits, investment contract liabilities, co-insurance liabilities, reinsurance and classified as available
for sale, tabarru’ fund and temporary syirkah funds.
31 Desember/December 31, 2023
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 - - - - 31.603.784 31.603.784
Giro pada Bank Indonesia/
Current accounts with
Bank Indonesia 101.909.121 - - - - 101.909.121
Giro pada Bank lain/
Current accounts with other banks 22.331.919 - - - - 22.331.919
Penempatan pada Bank Indonesia
dan lembaga keuangan lain/
Placement with Bank Indonesia
and other financial Institutions 62.753.990 2.471.270 - - - 65.225.260
Efek-efek/Securities
Nilai wajar melalui laba rugi/
Fair value through profit or loss - - - 22.393.171 - 22.393.171
Nilai wajar melalui
penghasilan komprehensif lain/
Fair value through other
comprehensive income - - - 163.339.165 - 163.339.165
Biaya perolehan diamortisasi/
Amortized cost - - - 145.358.968 - 145.358.968
Wesel ekspor dan tagihan lainnya/
Export bills and other receivables 45.356.606 8.773.491 - - - 54.130.097
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 33.350.734 244.497 - - - 33.595.231
Tagihan derivatif/
Derivative receivables - - - - 911.683 911.683
328
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2023
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 385.330 61.751 92.656 518.402.419 - 518.942.156
Ritel/Retail 46.736.867 110.497.963 169.033.395 169.671.501 - 495.939.726
Korporasi/ Corporate 16.229.661 31.128.033 150.338.510 - - 197.696.204
Pinjaman syariah/ Sharia loans - - - 45.937.695 - 45.937.695
Piutang sewa pembiayaan/
Finance lease receivables 17.307 8.947 418 7.886.793 - 7.913.465
Tagihan akseptasi/
Acceptance receivables 7.218.350 2.999.058 - - - 10.217.408
Penyertaan saham*)/
Investment in shares*) - - - - 1.749.102 1.749.102
Aset lain-lain**)/ Other assets**) 969 - - 7.189.322 24.108.288 31.298.579
336.290.854 156.185.010 319.464.979 1.080.179.034 58.372.857 1.950.492.734
Liabilitas/Liabilities
Liabilitas segera/
Liabilities due immediately - - - - 30.651.807 30.651.807
Simpanan nasabah/
Deposits from customers
Giro/Demand deposits 239.203.910 - - 106.920.462 - 346.124.372
Tabungan/Saving deposits 176.757.401 - - 351.188.149 - 527.945.550
Deposito berjangka
Time deposits 116.496.420 189.209.612 177.102.416 1.450.391 - 484.258.839
Simpanan dari bank lain
dan lembaga keuangan lain/
Deposits from other banks
and other financial institutions 10.430.018 1.528.301 - - - 11.958.319
Efek-efek yang dijual dengan
janji dibeli kembali/
Securities sold under
agreement to repurchased 6.365.596 12.713.862 - - - 19.079.458
Liabilitas derivative/ - - - - 925.210 925.210
Derivative payables
Liabilitas akseptasi/
Acceptance payable 7.218.350 2.999.058 - - - 10.217.408
Surat berharga yang
diterbitkan/
Marketable securities issued - - - 49.637.581 - 49.637.581
Pinjaman yang diterima/
Fund borrowings 59.331.954 9.712.371 29.806.488 - - 98.850.813
Pinjaman dan surat
berharga subordinasi/
Subordinated loans and
marketable securities - - - 496.683 - 496.683
Liabilitas lain-lain***)/
Other liabilities***) - - - 5.839.397 8.212.676 14.052.073
615.803.649 216.163.204 206.908.904 515.532.663 39.789.693 1.594.198.113
329
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2023
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 (279.512.795) (59.978.194) 112.556.075 564.646.371 18.583.164 356.294.621
*) Penyertaan saham yang tidak memiliki pengaruh signifikan/Investment in shares with no significant influence.
**) Aset lain-lain terdiri atas piutang bunga, piutang lain-lain, pendapatan yang masih akan diterima dengan prinsip syariah, dan term deposit valas DHE/
Other assets consist of 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 kontrak investasi, utang koasuransi, reasuransi dan diklasifikasi siap untuk dijual, dana
tabarru’, dan term deposit valas DHE/Other liabilities consist of interest payables, guarantee deposits, investment contract liabilities, co-insurance liabilities,
reinsurance and classified as available for sale, tabarru’ fund and temporary syirkah funds.
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 2024 dan 2023 dan 2024 and 2023 and are not updated to reflect
tidak diperbaharui untuk mencerminkan perubahan changes in market conditions which have occurred
dalam kondisi pasar yang telah terjadi setelah subsequently.
tanggal tersebut.
31 Desember/December 31, 2024 31 Desember/ December 31, 2023*)
Nilai tercatat/ Nilai wajar/ Nilai tercatat/ Nilai wajar/
Carrying Value Fair Value Carrying Value Fair Value
Aset Assets
Kas 29.783.642 29.783.642 31.603.784 31.603.784 Cash
Giro pada Bank Indonesia 88.878.969 88.878.969 101.909.121 101.909.121 Current account with Bank Indonesia
Giro pada bank lain 25.574.447 25.574.447 22.321.935 22.321.935 Current account with other banks
Penempatan pada Bank Indonesia dan Placement with Bank Indonesia and
lembaga keuangan lain 57.873.568 57.873.568 65.223.400 65.223.400 other financial institution
Efek-efek Securities
Nilai wajar melalui laba rugi 23.418.752 23.418.752 22.393.171 22.393.171 Fair value through profit or loss
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain 167.876.286 167.876.286 163.339.165 163.339.165 comprehensive income
Biaya perolehan diamortisasi 135.181.839 133.020.189 145.277.458 144.137.459 Amortized cost
Wesel ekspor dan tagihan lainnya 39.581.263 39.581.263 51.806.181 51.806.181 Export bills and other receivables
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 16.845.690 16.845.690 33.595.231 33.595.231 agreement to resell
Tagihan derivatif 1.087.048 1.087.048 911.683 911.683 Derivatives receivables
330
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
31 Desember/December 31, 2024 31 Desember/ December 31, 2023*)
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 1.267.309.250 1.185.398.044 1.173.229.202 1.115.746.130 Loans, sharia loans
Piutang sewa pembiayaan 6.268.018 3.464.637 7.698.156 7.127.337 Finance lease receivables
Tagihan akseptasi 9.783.690 9.783.690 9.967.710 9.967.710 Acceptances receivable
Penyertaan saham**) 1.550.814 1.550.814 1.746.426 1.746.426 Investment in shares*)
Aset lain-lain***) 21.509.982 21.509.982 31.533.272 31.533.272 Other assets**)
Total 1.892.523.258 1.805.647.021 1.862.555.896 1.803.362.006 Total
Liabilitas Liabilities
Liabilitas segera 36.821.661 36.821.661 30.651.807 30.651.807 Liabilities due immediately
Simpanan nasabah Deposits from customers
Giro 374.554.340 374.554.340 346.124.372 346.124.372 Demand deposits
Tabungan 544.426.947 544.426.947 527.945.550 527.945.550 Saving deposits
Deposito berjangka 446.468.817 446.468.817 484.258.839 484.258.839 Time deposits
Simpanan dari bank lain dan lembaga Deposits from other banks and
keuangan lainnya financial institutions
Giro 2.819.869 2.819.869 1.609.511 1.609.511 Demand deposits
Tabungan 6.185 6.185 9.052 9.052 Saving deposits
Deposito berjangka dan deposit on call 3.103.656 3.103.656 7.496.376 7.496.376 Time deposits and deposits on call
Inter-bank call money 8.749.772 8.749.772 2.843.380 2.843.380 Inter-bank call money
Efek-efek yang dijual dengan janji Securities sold under agreement
dibeli kembali 25.043.717 25.043.717 19.079.458 19.079.458 to repurchase
Liabilitas derivatif 1.585.120 1.585.120 925.210 925.210 Derivatives payable
Liabilitas akseptasi 10.105.373 10.105.373 10.217.408 10.217.408 Acceptances payable
Surat berharga yang diterbitkan 32.502.499 32.838.975 49.637.581 49.856.444 Marketable securites issued
Pinjaman yang diterima 127.879.804 127.879.804 98.850.813 98.850.813 Fund borrowings
Pinjaman dan surat berharga Subordinated loans and marketable
subordinasi 491.781 506.044 496.683 505.878 securities
Liabilitas lain-lain****) 7.398.275 7.398.275 14.052.073 14.052.073 Other liabilities***)
Total 1.621.957.816 1.622.308.555 1.594.198.113 1.594.426.171 Total
*) Setelah reklasifikasi (Catatan 52) *) After reclassification (Note 52)
**) Penyertaan saham yang tidak memiliki pengaruh signifikan. **) Investment in shares with no significant influence.
***) Aset lain-lain terdiri atas piutang bunga, piutang lain-lain dan pendapatan ***) Other assets consist of interest receivable, other receivable and income that will be
yang masih akan diterima dengan prinsip syariah. received under sharia principle.
****)Liabilitas lain-lain terdiri atas utang bunga, setoran jaminan, liabilitas kontrak ****) Other liabilities consist of interest payable, guarantee deposits, invesment contract
investasi, utang koasuransi, reasuransi, liabilitas sewa, dana tabarru’ dan liabilities, co-insurance payable, re-insurance and classified ready to sell, tabarru’ fund
dana syirkah temporer. and temporary syirkah fund
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.
331
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
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.
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.
332
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
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/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
Tagihan Risk Participation 23.438.242 23.438.242 - - Risk Participation Receivables
Obligasi 667.259 667.259 - - Bonds
Sekuritas Rupiah Bank Indonesia 326.118 326.118 - - Ownership of Bank Indonesia
Rupiah Securities
Medium -Term Note 10.175 10.175 - - Medium-Term Note
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
333
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2024
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 1.585.120 - 1.585.120 - Derivative payable
Kewajiban 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
31 Desember/December 31, 2023
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
Obligasi Pemerintah 9.519.463 9.519.463 - - Government Bonds
Reksadana 5.964.633 5.964.633 - - Mutual Fund
U.S. Treasury Bonds 2.083.983 2.083.983 - - U.S. Treasury Bonds
Sertifikat Bank Indonesia 1.470.125 1.470.125 - - Certificate of Bank Indonesia
Tagihan derivatif 911.683 - 911.683 - Derivative Receivables
Obligasi 699.447 699.447 - - Bonds
Obligasi Subordinasi 15.783 15.783 - - Subordinated Bond
Lainnya 2.639.737 2.639.737 - - Others
23.304.854 22.393.171 911.683 -
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Obligasi Pemerintah 100.239.655 100.239.655 - - Government Bonds
Sertifikat Bank Indonesia 30.414.559 30.414.559 - - Certificate of Bank Indonesia
Reksadana 13.961.119 13.961.119 - - Mutual Fund
Obligasi 13.897.860 13.897.860 - - Bonds
U.S. Treasury Bonds 2.203.544 2.203.544 - - U.S. Treasury Bonds
Monetary Authority of Singapore Monetary Authority of Singapore
(MAS) Bills 1.544.668 1.544.668 - - (MAS) Bills
Singapore Government Securities 571.591 571.591 - - Singapore Government Securities
Medium-Term Note 216.023 216.023 - - Medium-Term Note
Negotiable Certificate of Deposit 135.600 135.600 - - Negotiable Certificate of Deposit
U.S. Treasury Bills 46.036 46.036 - - U.S. Treasury Bills
Lainnya 108.514 108.514 - - Others
163.339.169 163.339.169 - -
Biaya perolehan diamortisasi Amortized cost
Obligasi Pemerintah 122.410.214 122.410.214 - - Government Bonds
Tagihan Risk Participation 20.891.761 20.891.761 - - Risk Participation Receivables
Obligasi 824.352 824.352 - - Bonds
Medium-Term Note 11.132 11.132 - - Medium-Term Note
144.137.459 144.137.459 - -
Kredit yang diberikan dan
Piutang sewa pembiayaan Loans and Finance lease receivables
Kredit yang diberikan 1.115.746.130 - 1.028.068.284 87.677.846 Loans
Piutang pembiayaan 7.127.338 - 7.127.338 - Finance lease receivables
1.122.873.468 - 1.035.195.622 87.677.846
Total aset keuangan 1.453.654.950 329.869.799 1.036.107.305 87.677.846 Total financial assets
334
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2023
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 925.210 - 925.210 - Derivative payable
Kewajiban keuangan lainnya Other financial liabilities
Surat berharga yang diterbitkan 49.856.444 49.856.444 - - Marketable securities issued
Pinjaman dan surat berharga Subordinated loans and marketables
subordinasi 505.878 505.878 - - securities
50.362.322 50.362.322 - -
Total liabilitas keuangan 51.287.532 50.362.322 925.210 - Total financial liabilities
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
335
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 untuk tahun yang berakhir pada and its subsidiaries as for the year ended
tanggal-tanggal 31 Desember 2024 dan 2023 December 31, 2024 and 2023 based on
berdasarkan segmen operasi: operating segments:
Tahun yang Berakhir pada Tanggal 31 Desember 2024/Year ended December 31, 2024
Korporasi/ Lainnya/ Entitas Anak/
Keterangan Mikro/Micro Ritel/Retail Corporate Others Subsidiaries Jumlah/Total Description
Pendapatan bunga, Interest. premium. and
premi, dan emas - neto 59.752.035 29.572.070 5.732.667 15.492.050 35.462.045 146.010.867 gold income - net
Pendapatan Other operating
operasional lainnya 24.234.718 20.665.455 3.295.294 2.565.164 3.097.109 53.857.740 Income
Total pendapatan 83.986.753 50.237.525 9.027.961 18.057.214 38.559.154 199.868.607
Total income
Beban operasional Other operating
Lainnya (33.049.703) (23.789.301) (2.365.500) (1.980.212) (21.931.710) (83.116.426) expense
Provision for
Beban CKPN (21.436.566) (15.972.102) (591.233) 4.860.179 (5.034.441) (38.174.163) impairment losses
Total beban (54.486.269) (39.761.403) (2.956.733) 2.879.967 (26.966.151) (121.290.589) Total expenses
Pendapatan (beban)
non operasional Non operating income
- neto (574.254) (395.266) (41.718) (41.875) 74.205 (978.908) (expense) - net
Laba sebelum Income before
beban pajak 28.926.230 10.080.856 6.029.510 20.895.306 11.667.208 77.599.110 tax expense
Beban pajak (5.495.984) (1.915.363) (1.240.624) (5.616.852) (2.686.479) (16.955.302) Total expenses
Laba Bersih 23.430.246 8.165.493 4.788.886 15.278.454 8.980.729 60.643.808 Net Income
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 463.799.448 448.188.061 283.136.349 571.455.124 213.536.988 1.980.115.970 Total assets
Liabilitas segmen Segment liabilities
Total simpanan Total depostis
nasabah 382.926.442 509.274.340 465.246.630 - 8.002.692 1.365.450.104 from customers
Total liabilitas 382.926.442 509.274.340 480.589.371 147.634.227 149.370.020 1.669.794.400 Total liabilities
Tanggal 31 Desember 2023 dan untuk Tahun yang Berakhir pada Tanggal Tersebut/
For the year ended as of December 31, 2023
Mikro/ Ritel/ Korporasi/ Lainnya/ Entitas Anak/ Total/
Keterangan Micro Retail Corporate Others Subsidiaries Total Description
Pendapatan bunga, Interest, premium, and
premi, dan emas - neto 61.646.907 28.729.015 6.018.815 13.907.367 29.580.953 139.883.057 gold income - net
Pendapatan Other operating
operasional lainnya 17.639.356 15.903.326 2.962.646 3.844.238 3.057.685 43.407.251 Income
Total pendapatan 79.286.263 44.632.341 8.981.461 17.751.605 32.638.638 183.290.308 Total income
Beban operasional Other operating
Lainnya (31.050.020) (22.253.560) (2.053.648) (1.607.462) (19.817.601) (76.782.291) expense
Provision for
Beban CKPN (20.474.879) (13.506.061) 7.888.285 (427.517) (3.159.108) (29.679.280) impairment losses
Total beban (51.524.899) (35.759.621) 5.834.637 (2.034.979) (22.976.709) (106.461.571) Total expenses
Pendapatan (beban)
non operasional Non operating income
- neto (20.591) (77.380) (48.903) (377.093) 124.942 (399.025) (expense) - net
Laba sebelum Income before
beban pajak 27.740.773 8.795.340 14.767.195 15.339.533 9.786.871 76.429.712 tax expense
Beban pajak (5.270.747) (1.671.115) (2.872.313) (4.104.717) (2.085.772) (16.004.664) Tax expenses
Laba Bersih 22.470.026 7.124.225 11.894.882 11.234.816 7.701.099 60.425.048 Net Income
336
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 untuk tahun yang berakhir pada and its subsidiaries as for the year ended
tanggal-tanggal 31 Desember 2024 dan 2023 December 31, 2024 and 2023 based on
berdasarkan segmen operasi (lanjutan): operating segments (continued):
Tanggal 31 Desember 2023 dan untuk Tahun yang Berakhir pada Tanggal Tersebut/
For the year ended as of December 31, 2023
Mikro/ Ritel/ Korporasi/ Lainnya/ Entitas Anak/ Total/
Keterangan Micro Retail Corporate Others Subsidiaries Total Description
Aset segmen Segment asset
Kredit yang diberikan
- bruto 496.554.160 442.703.668 197.696.204 - 75.624.054 1.212.578.086 Loans - gross
Total aset 468.573.573 418.508.640 244.435.173 632.353.605 185.530.577 1.949.401.568 Total assets
Liabilitas segmen Segment liabilities
Total simpanan Total depostis
nasabah 373.473.514 488.122.102 491.087.385 - 5.645.760 1.358.328.761 from customers
Total liabilitas 373.473.514 488.122.102 507.421.680 151.222.833 128.294.759 1.648.534.888 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 2024 2023 Description
Indonesia 198.449.632 182.635.153 Indonesia
Amerika Serikat 515.456 203.615 United States of America
Singapura 585.615 230.848 Singapore
Timor-Leste 204.940 155.785 Timor-Leste
Hong Kong 29.473 20.423 Hong Kong
Taiwan 83.491 44.484 Taiwan
Total 199.868.607 183.290.308 Total
337
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (continued)
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 2024 2023 Description
Indonesia 76.897.614 76.060.127 Indonesia
Amerika Serikat 224.679 63.686 United States of America
Singapura 260.519 181.470 Singapore
Timor-Leste 159.696 109.877 Timor-Leste
Hong Kong 9.177 161 Hong Kong
Taiwan 47.425 14.391 Taiwan
Total 77.599.110 76.429.712 Total
Total Aset/Total Assets
31 Desember 2024/ 31 Desember 2023/
Keterangan December 31, 2024 December 31, 2023 Description
Indonesia 1.898.027.423 1.885.581.840 Indonesia
Amerika Serikat 36.194.629 26.087.423 United States of America
Singapura 36.128.669 28.980.347 Singapore
Timor-Leste 6.411.050 6.114.107 Timor-Leste
Hong Kong 42.145 24.232 Hong Kong
Taiwan 3.312.054 2.613.619 Taiwan
Total 1.980.115.970 1.949.401.568 Total
Total Liabilitas/Total Liabilities
31 Desember 2024/ 31 Desember 2023/
Keterangan December 31, 2024 December 31, 2023 Description
Indonesia 1.589.177.976 1.585.649.437 Indonesia
Amerika Serikat 36.070.765 26.148.777 United States of America
Singapura 35.828.251 28.855.880 Singapore
Timor-Leste 5.953.655 5.792.144 Timor-Leste
Hong Kong 13.893 6.467 Hong Kong
Taiwan 2.749.860 2.082.183 Taiwan
Total 1.669.794.400 1.648.534.888 Total
338
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Program cuti besar 3.839.231 3.679.294 Grand leaves
Program pemutusan hubungan kerja 4.022.400 3.527.486 Work separation scheme
Program penghargaan tanda jasa 2.867.342 2.492.175 Gratuity services program
Program pensiun imbalan pasti 1.070.315 2.367.561 Defined Benefit Pension Plan
Program kesehatan pasca kerja BPJS 809.080 1.023.643 Post-employment BPJS health program
Program masa persiapan pensiun 21.627 20.983 Pension preparation program
Total (Catatan 27) 12.629.995 13.111.142 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, 2024 and 2023
2024 dan 2023 dilakukan oleh aktuaris independen performed by independent actuaries as follows:
sebagai berikut:
Tanggal Laporan/ Reporting Date
Aktuaris Independen/ 31 Desember 2024/ 31 Desember 2023/
Entitas Independent Actuarial December 31, 2024 December 31, 2023 Entity
Entitas induk KKA Enny Diah Awal 21 Jan/Jan 21, 2025 12 Jan/Jan 12, 2024 Parent entity
Entitas anak Subsidiaries
PT Bank Raya Indonesia Tbk KKA Enny Diah Awal 30 Des/Dec 30, 2024 2 Jan/Jan 2, 2024 PT Bank Raya Indonesia Tbk
PT Asuransi BRI Life KKA Riana & Rekan 14 Jan/Jan 14, 2025 23 Jan/Jan 23, 2024 PT Asuransi BRI Life
PT BRI Multifinance Indonesia KKA Enny Diah Awal 30 Des/Dec 30, 2024 27 Des/Dec 27, 2023 PT BRI Multifinance Indonesia
PT BRI Danareksa Sekuritas KKA Enny Diah Awal 30 Des/Dec 30, 2024 8 Jan/Jan 8, 2024 PT BRI Danareksa Sekuritas
PT BRI Ventura Investama KKA Enny Diah Awal 23 Des/Dec 23, 2024 21 Des/Des 21, 2023 PT BRI Ventura Investama
PT BRI Asuransi Indonesia KKA Steven & Mourits 3 Jan/Jan 3, 2025 4 Jan/Jan 4, 2024 PT BRI Asuransi Indonesia
PT Pegadaian KKA Agus Susanto 9 Jan/Jan 9, 2025 21 Des/Dec 21, 2023 PT Pegadaian
PT Permodalan Nasional Madani KKA Riana & Rekan 3 Jan/Jan 3, 2025 3 Jan/Jan 3, 2024 PT Permodalan Nasional Madani
PT BRI Manajemen Investasi KKA Nandi & Sutama 30 Des/Dec 30, 2024 2 Jan/Jan 2, 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 42.86% of pension-based salary since
sebesar 44,68% dari penghasilan dasar March 1, 2023.
pensiun.
339
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Efektif tanggal 1 Januari 2007, semua pekerja Effective 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 to pension benefits is
manfaat pensiun diberikan berdasarkan given based on the requirements stipulated in
persyaratan yang ditetapkan dalam peraturan the regulations taking into account the award
dengan memperhatikan faktor penghargaan factor per year of service and pension fund
per tahun masa kerja dan penghasilan dana income. The Pegadaian pension fund program is
pensiun. Program dana pensiun Pegadaian managed by the Pegadaian Pension Fund.
dikelola oleh Dana Pensiun Pegadaian. Pegadaian Board of Directors' decision,
Keputusan Direksi Pegadaian, Kontribusi Pegadaian employee’s contribution to pension
Pekerja Pegadaian untuk iuran pensiun adalah contributions amounted to 6.50% of the
sebesar 6,50% dari penghasilan dasar pensiun employee's basic pension salaries and the
pekerja dan atas jumlah yang perlu didanakan amount that needs to be funded by Pegadaian
kepada Dana Pensiun Pegadaian merupakan Pension Fund is Pegadaian's contribution, where
kontribusi Pegadaian, dimana kontribusi Pegadaian's contribution since December 29,
Pegadaian sejak tanggal 29 Desember 2020 2020 is 16% of basic pension salaries.
adalah sebesar 16% dari penghasilan dasar
pensiun.
Penilaian aktuaria atas beban pensiun BRI The actuarial calculation of BRI’s pension costs
masing-masing pada tanggal 31 Desember as of December 31, 2024 and 2023 which was
2024 dan 2023 telah sesuai dengan prepared in accordance with SFAS No. 219
PSAK No. 219 dengan menggunakan metode using the Projected Unit Credit method and
Projected Unit Credit serta mempertimbangkan considering the following assumptions:
asumsi-asumsi sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Entitas induk Parent entity
Tingkat diskonto 7,10% 6,70% 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 6,80-7,10% 6,70-6,90% 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.
340
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 kini liabilitas pensiun Movements in present value of defined benefit
imbalan pasti masing-masing pada tanggal pension liabilities as of December 31, 2024 and
31 Desember 2024 dan 2023 adalah sebagai 2023 are as follows:
berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai kini liabilitas pensiun imbalan Present value of defined benefit pension -
pasti awal tahun 28.417.112 26.896.251 beginning balance
Beban bunga 1.855.989 1.927.502 Interest expense
Biaya jasa kini 416.747 413.663 Current service cost
Biaya jasa lalu 1.301 211.138 Past service cost
Beban pesangon - (1.012.889) Severance expense
Pembayaran imbalan kerja (1.568.239) (1.490.223) Benefit paid
(Keuntungan)/kerugian aktuaria (1.693.163) 1.471.670 Actuarial (gain)/loss
Nilai kini liabilitas pensiun Present value of defined benefit
imbalan pasti akhir tahun 27.429.747 28.417.112 pension liabilities ending balance
Mutasi atas nilai wajar aset program masing- Movements in fair value of defined benefit
masing pada tanggal 31 Desember 2024 dan pension liabilities as of December 31, 2024 and
2023 adalah sebagai berikut: 2023 are as follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar aset program awal tahun 26.049.551 24.813.852 Fair value of program assets - beginning
Hasil pengembangan riil 1.519.969 1.939.611 Real development result
Pembayaran iuran-iuran Contributions paid -
pemberi kerja (Catatan 44) 369.903 814.934 employer (Note 44)
Pembayaran iuran-iuran Contributions paid -
peserta program 54.075 58.691 participants
Rugi aktuaria pada aset (65.827) (87.314) Actuarial loss of asset
Pembayaran imbalan kerja (1.568.239) (1.490.223) Benefit Paid
Total aset program 26.359.432 26.049.551 Total program assets
Mutasi atas kewajiban program pensiun Movements in defined benefit pension liabilities
imbalan pasti masing-masing pada tanggal as of December 31, 2024 and 2023 and are as
31 Desember 2024 dan 2023 adalah sebagai follows:
berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 2.367.561 2.082.356 Beginning balance
Beban pensiun imbalan pasti - neto Defined benefit pension expense – net
(Catatan 35) 508.594 (310.689) (Note 35)
Pembayaran iuran tahun berjalan Contributions paid - current year
(Catatan 44) (368.903) (814.934) (Note 44)
Pembayaran imbalan (102) (75) Compensation payment
Pengukuran kembali liabilitas (aset) Remeasurement of liabilities (assets)
pensiun imbalan pasti - neto (1.436.835) 1.410.903 for defined pension benefit - net
Saldo akhir (Catatan 27) 1.070.315 2.367.561 Ending balance (Note 27)
341
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Pengukuran kembali atas liabilitas (aset) Remeasurement of liabilities (assets) for defined
pensiun imbalan pasti masing-masing pada benefit pension as of December 31, 2024 and
tanggal 31 Desember 2024 dan 2023 adalah 2023 are as follows:
sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 3.833.640 2.422.737 Beginning balance
(Keuntungan)/kerugian aktuaria (1.693.164) 1.471.670 Actuarial (gain)/loss
Imbal hasil atas aset program 256.329 (60.767) Yields on program assets
Jumlah pengukuran kembali Remeasurement of (assets)
atas aset imbalan pasti - neto 2.396.805 3.833.640 for defined pension benefit - net
Beban pensiun imbalan pasti untuk tahun yang Pension benefit expense calculation for the year
berakhir pada tanggal-tanggal 31 Desember ended December 31, 2024 and 2023, respectively,
2024 dan 2023 berdasarkan perhitungan in accordance with the actuarial calculation is as
aktuaris adalah sebagai berikut: follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
Biaya jasa kini 416.747 413.663 Current service cost
Iuran peserta program (54.972) (58.691) Contributions paid - participants
Beban bunga - neto 145.518 136.090 Interest expense - net
Biaya jasa lalu 1.301 211.138 Past service cost
Keuntungan aktuaria - (1.012.889) Actuarial gain
(Pendapatan)/beban pensiun Defined benefit pension (income)/
imbalan pasti (Catatan 35) 508.594 (310.689) 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.
342
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Berdasarkan perhitungan penilaian aktuaria Based on the actuarial calculation of BRI’s
atas THT masing-masing pada tanggal retirement benefits as of December 31, 2024 and
31 Desember 2024 dan 2023 telah sesuai 2023 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Tingkat diskonto 7,10% 6,70% Discount Rate
Tingkat kenaikan penghasilan 7,50 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
Status THT sesuai dengan penilaian aktuaria The status of the Retirement Benefits as of
masing-masing pada tanggal 31 Desember December 31, 2024 and 2023 in accordance with
2024 dan 2023 adalah sebagai berikut: the actuarial calculation are as follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar aset 6.643.982 6.150.654 Fair value of assets
Nilai kini liabilitas THT (3.159.461) (3.823.023) Present value of retirement benefits liabilities
Surplus 3.484.521 2.327.631 Surplus
Mutasi atas liabilitas THT masing-masing pada Movements of the Retirement Benefits liabilities
tanggal 31 Desember 2024 dan 2023 adalah as of December 31, 2024 and 2023 are as
sebagai berikut: follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal - - Beginning balance
Beban THT 269.751 221.233 Retirement benefits expense
Pengukuran kembali liabilitas THT Remeasurement of retirement benefits
- neto (94.694) (84.590) liabilities - net
Pembayaran iuran tahun berjalan Contribution paid in current year
(Catatan 44) (175.057) (136.643) (Note 44)
Saldo akhir liabilitas - - Ending Balance of liability
343
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Pengukuran kembali atas liabilitas THT masing- Remeasurement of the Retirement Benefits
masing pada tanggal 31 Desember 2024 dan liabilities as of December 31, 2024 and 2023 are
2023 adalah sebagai berikut: as follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal (893.830) (809.240) Beginning balance
(Keuntungan)/kerugian aktuaria (1.030.337) 42.498 Actuarial (gain)loss
Imbal hasil atas liabilitas (aset) Yields on program liabilities
program (65.295) (206.817) (assets)
Perubahan atas dampak atas Changes on impact of assets other
aset di luar bunga - neto 1.000.938 79.729 than interest - net
Jumlah pengukuran kembali atas Remeasurement of retirement benefits
liabilitas THT - neto (988.524) (893.830) liabilities - net
Perhitungan beban THT untuk tahun yang Retirement benefits expense calculation for the
berakhir pada tanggal-tanggal 31 Desember year ended as December 31, 2024 and 2023
2024 dan 2023 sesuai dengan 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,
2024 2023
Biaya jasa kini 336.505 293.882 Current service cost
Iuran peserta program (58.916) (65.181) Contributions paid - participants
Beban bunga - neto (7.838) (7.468) Interest expense - net
Biaya jasa lalu - - Past service cost
Beban THT (Catatan 35) 269.751 221.233 Retirement benefits expense
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, BRI does
2023, 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
Rp562.978 dan Rp467.623 masing-masing income amounted to Rp562,978 and
untuk tahun yang berakhir tanggal Rp467,623 for the year ended December
31 Desember 2024 dan 2023 (Catatan 35). 31, 2024 and 2023, respectively (Note 35).
Pengelolaan program pensiun iuran pasti Defined contribution pension plan is
dilakukan oleh DPBRI. managed by DPBRI.
344
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 (entitas anak) (ii) Bank Raya (Subsidiary)
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 Rp1.109 dan of profit or loss and other comprehensive
Rp1.074 masing-masing untuk tahun yang income amounting to Rp1,109 and Rp1,074
berakhir pada tanggal 31 Desember 2024 for the years ended as December 31, 2024
dan 2023 (Catatan 35). and 2023 respectively (Note 35).
d. Program Pemutusan Hubungan Kerja (PHK) c. 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, 2024 and 2023
pada tanggal 31 Desember 2024 dan using the Projected Unit Credit method and
2023 dengan menggunakan metode Projected considering the following assumptions:
Unit Credit serta mempertimbangkan asumsi-
asumsi sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Entitas induk Parent Entity
Tingkat diskonto 7,10% 6,90% Discount Rate
Tingkat kenaikan penghasilan 7,50% 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
Entitas anak Subsidiaries
Tingkat diskonto 6,80 - 7,15% 6,70 - 7,10% Discount Rate
Tingkat kenaikan penghasilan 6,00 - 10,00 7,00 - 8,50 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
345
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) c. Work Separation Scheme (continued)
(lanjutan)
Mutasi atas liabilitas (aset) program PHK Movements in the work separation scheme
masing-masing pada tanggal 31 Desember liabilities (assets) as of December 31, 2024 and
2024 dan 2023 adalah sebagai berikut: 2023 are as follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 3.527.486 2.841.015 Beginning balance
Beban PHK (Catatan 35) 868.075 756.697 Work separation scheme expense (Note 35)
Pembayaran manfaat aktual (219.184) (123.483) Actual benefits paid
Pengukuran kembali liabilitas Remeasurement on liabilities (assets)
PHK - neto (154.202) 58.299 for work separation - net
Biaya terminasi (183) (4.086) Termination cost
Dampak batas aset (39) (363) Asset ceilling effect
Kontribusi perusahaan 447 (593) Contributions - entity
Saldo akhir (Catatan 27) 4.022.400 3.527.486 Ending Balance (Note 27)
Pengukuran kembali atas (aset) program PHK Remeasurement of liabilities (assets) for defined
masing-masing pada tanggal 31 Desember Work Separation Scheme as of December 31,
2024 dan 2023 adalah sebagai berikut: 2024 and 2023 are as follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal (68.479) (126.778) Beginning balance
Kerugian aktuaria (154.202) 58.299 Actuarial gain
Jumlah pengukuran kembali atas Remeasurement on liabilities (assets)
liabilitas PHK - neto (222.681) (68.479) for work separation - net
Perhitungan beban program PHK untuk tahun Work Separation Scheme expense calculation
yang berakhir pada tanggal-tanggal for the year ended December 31, 2024 and 2023
31 Desember 2024 dan 2023 sesuai dengan in accordance with the actuarial calculation are
perhitungan aktuaria adalah sebagai berikut: as follows:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
Biaya jasa kini 627.925 559.016 Current service cost
Beban bunga 241.731 204.278 Interest expense
Biaya pesangon 2.794 8.281 Severance cost
Biaya jasa lalu (4.558) (17.531) Past service cost
Pembayaran biaya terminasi 183 2.299 Payment of termination fee
Kerugian aktuaria - 354 Actuarial loss
Work separation scheme expense
Beban PHK (Catatan 35) 868.075 756.697 (Note 35)
346
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024
pada tanggal-tanggal 31 Desember 2024 dan and 2023 which was prepared in accordance
2023 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Tingkat diskonto 7,10% 7,00% 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 (aset) program masa Movements in liabilities (assets) program
persiapan pensiun masing-masing pada defined benefit pension plan as of
tanggal 31 Desember 2024 dan 2023 adalah December 31, 2024 and 2023 are as follows:
sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 20.983 17.996 Beginning balance
Beban MPP (Catatan 35) 2.749 2.629 Defined benefit pension expense (Note 35)
Pembayaran imbalan (18.632) (18.935) Contributions paid - current period
Pengukuran kembali liabilitas Remeasurement of liabilities
MPP - neto 16.527 19.293 for defined pension benefit - net
Saldo akhir (Catatan 27) 21.627 20.983 Ending Balance (Note 27)
Perhitungan beban program Masa Persiapan Pension benefit expense calculation for the year
Pensiun untuk tahun yang berakhir pada ended December 31, 2024 and 2023,
tanggal-tanggal 31 Desember 2024 dan 2023 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,
2024 2023
Biaya jasa kini 1.280 1.315 Current service cost
Beban bunga 1.469 1.314 Interest expense
Defined benefit pension expense
Beban MPP (Catatan 35) 2.749 2.629 (Note 35)
347
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024
pada tanggal-tanggal 31 Desember 2024 and 2023 which was prepared in
dan 2023 telah sesuai dengan PSAK accordance with SFAS No. 219 using the
No. 219 dengan menggunakan metode Projected Unit Credit method and
Projected Unit Credit serta considering the following assumptions:
mempertimbangkan asumsi-asumsi
sebagai berikut:
31 Desember/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
31 Desember/December 31, 2023
Cadangan Penghargaan
Tanda Jasa/ Allowance for Cuti Besar/
Gratuity services Grand Leaves
Entitas induk Parent Entity
Tingkat diskonto 6,80% 6,60% 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
348
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Perhitungan aktuaria atas penghargaan The actuarial calculation on gratuity services
tanda jasa dan cuti besar masing-masing and grand leaves as of December 31, 2024
pada tanggal-tanggal 31 Desember 2024 and 2023 which was prepared in
dan 2023 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 (continued):
sebagai berikut (lanjutan):
31 Desember/December 31, 2023
Cadangan Penghargaan
Tanda Jasa/ Allowance for Cuti Besar/
Gratuity services Grand Leaves
Entitas anak Subsidiaries
Tingkat diskonto 6,75 - 7,00% 6,60 - 6,80% Discount rate
Tingkat kenaikan penghasilan 7,00 - 9,00 7,00 - 9,00 Salary growth rate
Tingkat kenaikan harga emas 10,00% - Gold price growth rate
Tingkat kematian TMI IV 2019 TMI IV 2019 Mortality rate
GAM 1971 GAM 1971
Tingkat cacat jasmaniah 0,01% - 10,00% 0,01% - 10,00% Disability rate
dari tingkat kematian/ dari tingkat kematian/
from mortality rate from mortality rate
2019 2019
Mutasi untuk imbalan kerja jangka panjang Movements in the other long-term employee
lainnya masing-masing pada tanggal benefits as of December 31, 2024 and 2023
31 Desember 2024 dan 2023 adalah are as follows:
sebagai berikut:
31 Desember/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)
31 Desember/December 31, 2023
Cadangan Penghargaan
Tanda Jasa/Allowance for Cuti Besar/
Gratuity services Grand Leaves
Saldo awal liabilitas 1.900.980 3.207.290 Beginning balance of liabilities
Beban (Catatan 35) 651.143 731.080 Expense (Note 35)
Pembayaran manfaat aktual (75.541) (259.076) Actual benefit paid
Rugi aktuaria pada kewajiban 15.593 - Actual loss on liabilities
Liabilitas Imbalan Kerja Liabilities for Employee
(Catatan 27) 2.492.175 3.679.294 Benefits (Note 27)
349
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 year ended
tanggal-tanggal 31 Desember 2024 dan December 31, 2024 and 2023 in
2023 berdasarkan perhitungan aktuaria accordance with the acturarial calculation
adalah sebagai berikut: are as follows:
Tahun yang berakhir
pada tanggal 31 Desember 2024/
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)
Tahun yang berakhir
pada tanggal 31 Desember 2023/
Year ended December 31, 2023
Cadangan Penghargaan
Tanda Jasa/Allowance for Cuti Besar/
Gratuity services Grand Leaves
Biaya jasa kini 187.471 419.424 Current service cost
Beban bunga 138.241 226.507 Interest Expense
Biaya jasa lalu 34 624 Past service cost
Keuntungan aktuaria yang diakui 325.397 84.525 Recognized actuarial gain
Beban program bagi Employees program
pekerja (Catatan 35) 651.143 731.080 expense (Note 35)
350
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
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 2024 December 31, 2024 and 2023 which was
dan 2023 telah sesuai dengan prepared in accordance with SFAS
PSAK No. 219 dengan menggunakan No. 219 using the Projected Unit Credit
metode Projected Unit Credit serta method and considering the following
mempertimbangkan asumsi-asumsi assumptions (parent entity):
(entitas induk) sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Tingkat diskonto 7,10% 7,00% Discount rate
Tingkat kenaikan iuran Rate of Increase BPJS
BPJS 4,88 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
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 valuation as of December 31, 2024 and
31 Desember 2024 dan 2023 adalah 2023 are as follows:
sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai kini liabilitas program Present value of post employment
kesehatan pasca kerja BPJS 2.331.108 2.526.313 BPJS health program liability
Nilai wajar aset (1.522.028) (1.502.670) Fair value of assets
Surplus (Defisit) 809.080 1.023.643 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 2024 dan 2023 adalah December 31, 2024 and 2023 are as
sebagai berikut: follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 1.023.643 646.240 Beginning balance
Beban program kesehatan Post employment BPJS health
pasca kerja BPJS (Catatan 35) 114.562 171.575 program expense (Note 35)
Pengukuran kembali aset Remeasurement of
program kesehatan pasca post employement BPJS
kerja BPJS (329.125) 205.828 health program assets
Post employment BPJS
Liabilitas program kesehatan health program liability
pasca kerja BPJS (Catatan 27) 809.080 1.023.643 (Note 27)
351
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Pengukuran kembali atas liabilitas (aset) Remeasurement of liabilities (assets) for
program kesehatan pasca kerja BPJS Post Employment BPJS Health Program as
masing-masing pada tanggal 31 Desember of December 31, 2024 and 2023 are as
2024 dan 2023 adalah sebagai berikut: follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 194.901 (10.926) Beginning balance
Keuntungan aktuaria (365.502) 172.708 Actuarial loss (gain)
Imbal hasil atas aset program 36.378 33.119 Yields of program assets
Jumlah pengukuran kembali Remeasurement of liabilities
atas (aset) liabilitas (assets) for defined
imbalan pasti - neto (134.223) 194.901 pension benefit - net
Beban program kesehatan pasca kerja The post employment BPJS Health
BPJS untuk tahun yang berakhir pada Program expense calculation for the year
tanggal-tanggal 31 Desember 2024 dan ended December 31, 2024 and 2023 in
2023 berdasarkan perhitungan aktuaria accordance with the actuarial calculation is
adalah sebagai berikut: as follows:
Tahun yang berakhir
pada tanggal 31 Desember 2024/
Year ended December 31, 2024
2024 2023
Biaya jasa kini 42.907 123.753 Current service cost
Beban Bunga - neto 71.655 47.822 Interest expense - net
Beban program kesehatan Post employment BPJS health
pasca kerja BPJS (Catatan 35) 114.562 171.575 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 2024 dan of December 31, 2024 and 2023 was
2023 telah sesuai dengan PSAK No. 219 prepared in accordance with SFAS No. 219
dengan menggunakan metode Projected using the Projected Unit Credit method and
Unit Credit serta mempertimbangkan considering the following assumptions:
asumsi-asumsi sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Tingkat diskonto 7,10% 6,70% 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 2019
Usia pensiun normal 56 Tahun/Years 56 Tahun/Years Normal retirement age
352
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, 2024 and 2023 are
tanggal-tanggal 31 Desember 2024 dan as follows:
2023 adalah sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai kini liabilitas Present value of defined
awal tahun 1.863.733 2.165.701 benefit
Biaya bunga 120.342 155.339 Interest expense
Biaya jasa kini 13.813 15.282 Current service cost
Biaya jasa lalu - (416.041) Past service cost
Pembayaran imbalan kerja (135.152) (133.039) Benefit paid
Kerugian/(keuntungan) aktuaria (25.689) 76.491 Actuarial loss (gain)
Present value of defined
Benefit pension liabilities -
Nilai kini liabilitas akhir tahun 1.837.047 1.863.733 ending balance
Mutasi atas nilai wajar aset program pada Movement in the of fair value of program
tanggal-tanggal 31 Desember 2024 dan assets as December 31, 2024 and 2023 are
2023 adalah sebagai berikut: as follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Nilai wajar aset program Fair value of program assets
awal tahun 1.983.967 1.963.186 - beginning
Pembayaran imbalan kerja (135.152) (133.039) Benefit paid
Hasil pengembangan riil 124.307 153.820 Real development result
Total aset program 1.973.122 1.983.967 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 2024 dan 2023 December 31, 2024 and 2023 are as
adalah sebagai berikut: follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal - 202.515 Beginning balance
Beban program Other benefit program
manfaat lain dana manfaat of additional benefit fund
tambahan - neto (Catatan 35) 13.813 (385.773) expense – net (Note 35)
Pengukuran kembali Remeasurement of
liabilitas - neto (13.813) 183.258 liabilities (assets) - net
Saldo akhir (Catatan 27) - - Ending Balance (Note 27)
353
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Pengukuran kembali atas liabilitas (aset) Remeasurement of liabilities (assets) for
program manfaat lain dana manfaat other benefit program of additional benefit
tambahan pada tanggal-tanggal fund as of December 31, 2024 and 2023 are
31 Desember 2024 dan 2023 adalah as follows:
sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Saldo awal 272.252 88.994 Beginning balance
Kerugian/(keuntungan)
aktuaria (25.689) 76.492 Actuarial loss (gain)
Imbal hasil atas aset program 4.091 (13.467) Yields of program assets
Perubahan atas dampak Changes in the net liability
aset diluar bunga neto (asset) impact of non-
liabilitas (aset) 7.786 120.233 interest-bearing assets
Jumlah pengukuran kembali Remeasurement of liabilities
atas (aset) liabilitas (assets) for defined
imbalan pasti - neto 258.440 272.252 pension benefit - net
Beban program manfaat lain dana manfaat Other benefit program of additional benefit
tambahan untuk tahun yang berakhir pada fund expense for the year ended December
tanggal-tanggal 31 Desember 2024 dan 31, 2024 and 2023 respectively, based on
2023 berdasarkan perhitungan aktuaris the actuarial calculation is as follows:
adalah sebagai berikut:
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
Biaya jasa lalu - (416.041) Past service cost
Biaya jasa kini 13.813 15.282 Current service cost
Bunga - neto - 14.986 Interest expense - net
Beban program manfaat lain Other benefit program
dana manfaat tambahan of additional Benefit
(Catatan 35) 13.813 (385.773) fund expense (Note 35)
354
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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): (unaudited):
(i) Program pemutusan hubungan kerja (i) Work Separation Scheme
(PHK)
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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% (340.407) +1,00% (287.595) Increase
Penurunan -1,00% 402.469 -1,00% 341.387 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Jatuh Tempo Maturity
< 1 tahun 46.649 44.679 < 1 year
1 - < 2 tahun 46.803 42.715 1 - < 2 years
2 - < 3 tahun 43.812 42.755 2 - < 3 years
3 - < 4 tahun 46.475 39.919 3 - < 4 years
4 - < 5 tahun 45.365 42.214 4 - < 5 years
> 5 tahun 2.427.555 2.005.978 > 5 years
(ii) Program pensiun imbalan pasti (ii) Defined Benefit Pension Plan
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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% (2.612.884) +1,00% (2.899.376) Increase
Penurunan -1,00% 3.169.026 -1,00% 3.559.760 Decrease
Iuran Jatuh Tempo Maturity Contribution
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Jatuh Tempo Maturity
< 1 tahun 256.114 272.064 < 1 year
1 - < 2 tahun 226.330 240.698 1 - < 2 years
2 - < 3 tahun 216.839 229.567 2 - < 3 years
3 - < 4 tahun 207.703 219.183 3 - < 4 years
4 - < 5 tahun 199.924 209.947 4 - < 5 years
> 5 tahun 573.423 610.435 > 5 years
355
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) (unaudited) (continued):
(lanjutan):
(iii) Program tunjangan hari tua (iii) Retirement Benefits Plan
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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% (325.917) +1,00% (338.634) Increase
Penurunan -1,00% 381.502 -1,00% 390.893 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Jatuh Tempo Maturity
< 1 tahun 138.429 142.759 < 1 year
1 - < 2 tahun 130.261 139.786 1 - < 2 years
2 - < 3 tahun 123.786 130.677 2 - < 3 years
3 - < 4 tahun 108.626 123.810 3 - < 4 years
4 - < 5 tahun 94.662 109.409 4 - < 5 years
> 5 tahun 2.563.697 3.176.581 > 5 years
(iv) Program Kesehatan Pasca Kerja BPJS (iv) Post Employment BPJS Health Program
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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% (371.077) +1,00% (413.143) Increase
Penurunan -1,00 488.116 -1,00% 547.176 Decrease
Iuran Jatuh Tempo Maturity Contribution
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Jatuh Tempo Maturity
< 1 tahun 104.623 123.753 < 1 year
1 - < 2 tahun 109.604 127.334 1 - < 2 years
2 - < 3 tahun 115.076 131.662 2 - < 3 years
3 - < 4 tahun 120.947 136.652 3 - < 4 years
4 - < 5 tahun 127.321 142.168 4 - < 5 years
> 5 tahun 2.953.284 3.332.579 > 5 years
356
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) (unaudited) (continued):
(lanjutan):
(v) Cadangan penghargaan tanda jasa (v) Allowance for gratuity for services
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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 +100% (245.854) +1,00% (222.666) Increase
Penurunan -100% 283.713 -1,00% 257.962 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Jatuh Tempo Maturity
< 1 tahun 113.325 73.040 < 1 year
1 - < 2 tahun 118.737 103.118 1 - < 2 years
2 - < 3 tahun 120.022 107.707 2 - < 3 years
3 - < 4 tahun 85.707 119.264 3 - < 4 years
4 - < 5 tahun 128.156 87.647 4 - < 5 years
> 5 tahun 2.027.941 1.793.147 > 5 years
(vi) Cuti besar (vi) Grand Leaves
31 Desember/December 31, 2024 31 Desember/December 31, 2023
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% (213.192) +1,00% (219.152) Increase
Penurunan -1,00% 239.490 -1,00% 247.239 Decrease
Nilai Kini Kewajiban Imbalan Pasti Present Value of Defined Benefit Liability
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Jatuh Tempo Maturity
< 1 tahun 351.855 269.305 < 1 year
1 - < 2 tahun 353.624 312.512 1 - < 2 years
2 - < 3 tahun 344.772 311.458 2 - < 3 years
3 - < 4 tahun 221.339 308.038 3 - < 4 years
4 - < 5 tahun 184.418 194.598 4 - < 5 years
> 5 tahun 1.923.923 1.890.135 > 5 years
357
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Komitmen Commitments
Tagihan komitmen Commitments receivable
Pembelian spot dan berjangka Purchase of foreign currencies spot
mata uang asing 49.309.688 24.948.222 and futures
Liabilitas komitmen Commitments liabilities
Fasilitas kredit yang diberikan kepada Unused loan facilities
debitur yang belum digunakan granted to debtors
(Catatan 26c) 123.492.574 128.590.416 (Note 26c)
Penjualan spot dan berjangka Sale of foreign currencies
mata uang asing 94.874.355 63.924.016 spot and futures
L/C yang tidak dapat dibatalkan
yang masih berjalan dalam rangka Irrevocable Letters of Credit
impor (Catatan 26b) 11.775.920 11.447.230 (Note 26b)
230.142.849 203.961.662
Komitmen - neto (180.833.161) (179.013.440) 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 46.148.254 56.219.970 Bank Guarantee
Stand by L/C 20.706.982 9.672.955 Stand by Letters of Credits
66.855.236 65.892.925
Kontinjensi - neto (66.855.236) (65.892.925) 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
358
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 L/C yang tidak dapat dibatalkan yang masih berjalan dalam rangka impor,
Kredit yang diberikan/ Irrevocable L/C, 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 Semen Indonesia (Persero) Tbk 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 Bukit Asam Tbk Wesel ekspor dan tagihan lainnya/ Export bills and other receivables
PT Sumber Segara Primadaya Kredit yang diberikan/ Loans
PT GCL Indo Tenaga Kredit yang diberikan/ Loans
PT Bosowa Energi Kredit yang diberikan / Loans
PT Sumbagselenergi Sakti Pewali Kredit yang diberikan, Garansi yang diterbitkan/ Loans, Guarantees issued
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, Pinjaman yang diterima/ Securities,
Current account with other banks, Placements with Bank Indonesia
and other financial institutions, Fund borrowings
PT Bank Negara Indonesia Giro pada bank lain, Penempatan pada Bank Indonesia
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
(Persero) Efek-efek, Garansi yang diterbitkan, Wesel ekspor dan tagihan lainnya
Kredit yang diberikan/ Securities, Guarantees issued,
Export bills and other receivables, Loans
PT Bahana Artha Ventura Penyertaan saham/ Investment in associated entities
359
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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, Pinjaman yang diterima, Efek-efek yang
dibeli dengan janji dijual kembali /
Securities, Current account with other banks, Placements with
Bank Indonesia and other financial institutions, Fund borrowings, and Securities
purchased under agreement to resell
PT Perusahaan Gas Negara Garansi yang diterbitkan/ Guarantees issued
PT Pertamina Hulu Energi Kredit yang diberikan/ Loans
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
(Persero) Tbk Garansi yang diterbitkan, Tagihan dan liabilitas akseptasi,
L/C yang tidak dapat dibatalkan yang masih berjalan dalam rangka impor,
Wesel ekspor dan tagihan lainnya/ Guarantees issued,
Acceptances receivable & payable, Irrevocable L/C, Export bills and other receivables
PT Adhi Karya (Persero) Tbk Garansi yang diterbitkan, Tagihan dan liabilitas akseptasi/
Guarantees issued, Acceptances receivable & payable
PT Indonesia Asahan Efek-efek, L/C yang tidak dapat dibatalkan yang masih berjalan
Aluminium (Persero) dalam rangka impor/ Securities, Irrevocable L/C
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
Gedung Tbk Tagihan dan liabilitas akseptasi/ Acceptances receivable & payable
PT Fintek Karya Nusantara Penyertaan saham/ Investment in Associated Entities
PT Petrokimia Kayaku Tagihan dan liabilitas akseptasi/ Acceptances receivable & payable
PT Sarana Multigriya Finansial
(Persero) Efek-efek, Pinjaman yang diterima/ Securities, Fund borrowings
360
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Mandiri Taspen Penempatan pada Bank Indonesia dan Lembaga Keuangan Lain/
Placements with Bank Indonesia and other financial institutions
PT Pertamina (Persero) Efek-efek/Securities
PT Pupuk Indonesia (Persero) Efek-efek/Securities
PT Danareksa Finance Pinjaman yang diterima/Fund borrowings
Yayasan Kesejahteraan
Pekerja BRI/ Program THT/ Old Age 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 bank, Fund borrowings
PT Bhirawa Steel Wesel ekspor dan tagihan lainnya/
Export bills and other receivables,
PT Kereta Commuter Indonesia L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor/Irrevocable L/C
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 pembiayaan/Finance 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) Garansi yang diterbitkan/Guarantees issued
PT Pertamina Patra Niaga Garansi yang diterbitkan, L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor/Guarantees issued, Irrevocable L/C
PT Pertamina Malaysia EP Garansi yang diterbitkan/Guarantees issued
PT PG Rajawali I Wesel ekspor dan tagihan lainnya/Export bills and other receivables
PT Hutama Karya (Persero) Tagihan dan liabilitas akseptasi/Acceptances receivable & payable
361
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Pelindo Terminal Petikemas L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor/ Irrevocable L/C
PT Pertamina Drilling Services Indonesia L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor/ Irrevocable L/C
PT Elnusa Tbk Tagihan dan liabilitas akseptasi/Acceptance
Receivable & payable
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 159.589 154.693 (Persero) Tbk
PT Bank Mandiri (Persero) Tbk 148.782 122.101 PT Bank Mandiri (Persero) Tbk
PT Bank Syariah Indonesia Tbk 135.229 113.847 PT Bank Syariah Indonesia Tbk
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 61.136 57.615 (Persero) Tbk
PT Bank Hibank Indonesia 1 3 PT Bank Hibank Indonesia
504.737 448.259
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 2.221.110 1.700.170 PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia 2.030.750 7.050 PT Bank Negara Indonesia
(Persero) Tbk (Persero) Tbk
PT Bank Tabungan Negara 767.422 612.208 PT Bank Tabungan Negara
(Persero) Tbk (Persero) Tbk
PT Bank Syariah Indonesia Tbk 174.448 508.013 PT Bank Syariah Indonesia Tbk
PT Bank Mandiri Taspen - 100.000 PT Bank Mandiri Taspen
5.193.730 2.927.441
Efek-efek (Catatan 7) Securities (Note 7)
Government of the Republic of
Pemerintah Republik Indonesia (RI) 225.445.431 233.011.046 Indonesia (RI)
PT Bank Mandiri (Persero) Tbk 2.690.555 2.515.732 PT Bank Mandiri (Persero) Tbk
PT Sarana Multigriya Finansial PT Sarana Multigriya Finansial
(Persero) 2.053.662 1.605.173 (Persero)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 1.592.878 1.746.614 (Persero)
PT Indonesia Asahan Aluminium PT Indonesia Asahan Aluminium
(Persero) 1.491.040 1.048.442 (Persero)
PT Sarana Multi PT Sarana Multi
Infrastruktur (Persero) 1.195.607 1.325.311 Infrastruktur (Persero)
PT Pertamina (Persero) 763.992 518.981 PT Pertamina (Persero)
PT Bank Negara Indonesia Tbk 525.269 145.954 PT Bank Negara Indonesia Tbk
PT Pupuk Indonesia (Persero) Tbk 470.283 604.488 PT Pupuk Indonesia (Persero) Tbk
PT Kereta Api Indonesia (Persero) Tbk 396.278 397.450 PT Kereta Api Indonesia (Persero) Tbk
Lainnya 2.519.174 3.975.550 Others
239.144.169 246.894.741
362
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Aset (lanjutan) Assets (continued)
Wesel ekspor dan tagihan lainnya Export Bills and Other Receivables
(Catatan 8) (Note 8)
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) Tbk 629.581 - (Persero) Tbk
PT Semen Indonesia (Persero) Tbk 455.236 3.957 PT Semen Indonesia (Persero) Tbk
PT Bhirawa Steel 433.947 515.002 PT Bhirawa Steel
PT Sinergi Gula Nusantara 373.063 301.265 PT Sinergi Gula Nusantara
PT PP Presisi Tbk 266.499 159.644 PT PP Presisi Tbk
PT Pembangunan Perumahan PT Pembangunan Perumahan
(Persero) Tbk 235.900 434.070 (Persero) Tbk
PT Timah Tbk 153.972 - PT Timah Tbk
PT PG Rajawali I 147.865 230.000 PT PG Rajawali I
PT Bukit Asam (Persero) Tbk 147.680 - PT Bukit Asam (Persero) Tbk
PT Petrokimia Gresik 137.838 799.579 PT Petrokimia Gresik
Lainnya 881.446 2.595.527 Others
3.863.027 5.039.044
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)
Perusahaan Umum BULOG 9.263.841 8.050.411 Perusahaan Umum BULOG
PT Sumber Segara Primadaya 8.718.622 7.372.916 PT Sumber Segara Primadaya
PT Perusahaan Listrik Negara PT Perusahaan Listrik Negara
(Persero) 5.147.814 7.223.106 (Persero)
PT Perkebunan Nusantara IV PT Perkebunan Nusantara IV
(Persero) 4.420.968 4.784.425 (Persero)
PT Waskita Karya (Persero) Tbk 4.282.239 4.493.912 PT Waskita Karya (Persero) Tbk
PT Kereta Api Indonesia (Persero) 3.667.743 3.176.593 PT Kereta Api Indonesia (Persero)
PT GCL Indo Tenaga 3.513.995 - PT GCL Indo Tenaga
PT Pertamina Hulu Energi 3.087.612 2.953.710 PT Pertamina Hulu Energi
PT Bosowa Energi 2.645.504 3.213.669 PT Bosowa Energi
PT Sumbagselenergi Sakti Pewali 2.627.970 2.429.842 PT Sumbagselenergi Sakti Pewali
Manajemen Kunci 211.117 204.348 Key management
Lain-lain 41.535.627 41.000.212 Others
89.123.052 84.903.144
Piutang Sewa Pembiayaan (Catatan 13) Finance lease receivables (Note 13)
PT Prima Armada Raya 42.192 30.351 PT Prima Armada Raya
42.192 30.351
363
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Aset (lanjutan) Assets (continued)
Tagihan dan Liabilitas Akseptasi Acceptances receivable and payable
(Catatan 14) (Note 14)
PT Pembangunan Perumahan PT Pembangunan Perumahan
(Persero) Tbk 721.002 837.353 (Persero) Tbk
PT Adhi Karya (Persero) Tbk 635.900 100.038 PT Adhi Karya (Persero) Tbk
PT INKA Multi Solusi 263.599 50.260 PT INKA Multi Solusi
PT PP Presisi Tbk 244.246 156.230 PT PP Presisi Tbk
PT Wijaya Karya Bangunan PT Wijaya Karya Bangunan
Gedung Tbk 133.631 52.350 Gedung Tbk
PT Hutama Karya (Persero) 53.826 - PT Hutama Karya (Persero)
PT Petrokimia Kayaku 3.438 554 PT Petrokimia Kayaku
PT Elnusa Tbk - 117 PT Elnusa Tbk
Lainnya - 16.660 Others
2.055.642 1.213.562
Penyertaan saham (Catatan 15) Investment in shares (Note 15)
PT Bank Syariah Indonesia Tbk 6.448.978 5.479.625 PT Bank Syariah Indonesia Tbk
PT Fintek Karya Nusantara 590.630 753.258 PT Fintek Karya Nusantara
PT Bahana Artha Ventura 76.775 79.440 PT Bahana Artha Ventura
7.116.383 6.312.323
Aset lain-lain (Catatan 17) Other Assets (Note 17)
PT Wijaya Karya Realty 707.466 707.466 PT Wijaya Karya Realty
707.466 707.466
Total aset dari pihak-pihak berelasi 348.713.440 348.476.331 Total assets from related parties
Total aset konsolidasian 1.992.983.447 1.965.007.030 Total consolidated assets
Persentase total aset dari pihak-pihak Percentage of total assets from
berelasi terhadap total aset related parties to total
konsolidasian 17,50% 17,73% consolidated assets
Liabilitas Liabilities
Giro (Catatan 19) Demand Deposit (Note 19)
Entitas dan Lembaga Pemerintah 137.331.944 181.667.550 Government institutions and Entitities
Manajemen Kunci 5.842 3.672 Key management
Lain-lain 772.596 653.749 Others
138.110.382 182.324.971
Tabungan (Catatan 20) Saving Deposits (Note 20)
Entitas dan Lembaga Pemerintah 103.372 262.324 Government institutions and Entitities
Manajemen Kunci 158.581 166.446 Key management
Lain-lain 22.903 20.751 Others
284.856 449.521
Deposito Berjangka (Catatan 21) Time Deposits (Note 21)
Entitas dan Lembaga Pemerintah 113.283.630 20.416.737 Government institutions and Entitities
Manajemen Kunci 65.972 60.153 Key management
Lain-lain 5.315.095 2.336.929 Others
118.664.697 22.813.819
364
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 1.156.791 462.943 Government institutions and Entitities
Efek-efek yang dijual dengan janji Securities Sold Under Agreement
dibeli kembali (Catatan 23) To Repurchase (Note 23)
PT Bank Mandiri (Persero) Tbk 4.613 - PT Bank Mandiri (Persero) Tbk
Surat Berharga yang Diterbitkan Marketable securities issued
(Catatan 24) (Note 24)
Entitas dan Government institutions
Lembaga Pemerintah 4.607.502 6.657.214 and Entitities
Pinjaman yang Diterima (Catatan 25) Fund Borrowings (Note 25)
Entitas dan Lembaga Pemerintah 36.666.287 26.102.658 Government institutions and Entitities
Pinjaman dan Surat Berharga Subordinasi Subordinated loans and marketable
(Catatan 29) 229.118 231.563 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 772.523 801.974 pension liability
Present value of work separation
Nilai kini kewajiban PHK 333.607 352.673 scheme liability
Nilai kini kewajiban THT 150.373 170.036 Present value of old age benefit liability
Nilai kini kewajiban cuti besar 162.897 145.896 Present value of grand leaves liability
Nilai kini kewajiban penghargaan 202.911 115.505 Present value of gratuity for
tanda jasa service liability
Nilai kini kewajiban program manfaat lain Present value of other benefit program
pembayaran manfaat pasti 8.708 9.158 of defined benefit payment liability
Nilai kini kewajiban BPJS 19.616 21.495 Present value of BPJS liability
1.650.635 1.616.737
Total liabilitas kepada pihak-
pihak berelasi 301.374.882 240.659.428 Total liabilities to related parties
Total liabilitas konsolidasian 1.669.794.400 1.648.534.888 Total consolidation liabilities
Persentase total liabilitas kepada Precentage of liabilities to
pihak-pihak berelasi terhadap related parties to total
total liabilitas konsolidasian 18,05% 14,60% consolidated liabilities
365
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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 3.430.921 2.261.204 (Persero) Tbk
Pertamina International
Pertamina International Marketing Marketing& Distribution
& Distribution Pte Ltd (PIMD) 3.293.475 - Pte Ltd (PIMD)
PT Pembangunan Perumahan PT Pembangunan
(Persero) Tbk 3.053.194 3.562.647 Perumahan (Persero) Tbk
PT Adhi Karya (Persero) Tbk 2.827.448 3.518.752 PT Adhi Karya (Persero) Tbk
PT Perusahaan Gas Negara 2.815.043 1.596.645 PT Perusahaan Gas Negara
PT Pupuk Kalimantan Timur 2.219.673 - PT Pupuk Kalimantan Timur
PT Sumbagselenergi Sakti Prima 1.971.638 1.539.700 PT Sumbagselenergi Sakti Prima
PT Wijaya Karya (Persero) Tbk 1.465.649 2.912.039 PT Wijaya Karya (Persero) Tbk
PT Pertamina Malaysia EP 1.088.627 357.749 PT Pertamina Malaysia EP
PT Pertamina Patra Niaga 968.583 259.012 PT Pertamina Patra Niaga
Lain-lain 9.911.058 11.744.216 Others
33.045.309 27.751.964
L/C yang tidak dapat dibatalkan yang masih
berjalan dalam rangka impor (Catatan 26b) Irrevocable L/C (Note 26b)
PT Kereta Commuter Indonesia 1.774.312 6.264 PT Kereta Commuter Indonesia
PT Kilang Pertamina Balikpapan 1.329.157 1.694.273 PT Kilang Pertamina Balikpapan
Perum Bulog 1.317.084 3.827.742 Perum Bulog
PT Pelindo Terminal Petikemas 643.993 - PT Pelindo Terminal Petikemas
PT Pertamina Patra Niaga 484.241 775 PT Pertamina Patra Niaga
PT Pupuk Kalimantan Timur 335.992 191.032 PT Pupuk Kalimantan Timur
PT Indonesia Asahan Aluminium PT Indonesia Asahan Aluminium
(Persero) 289.508 375.744 (Persero)
PT Kereta Api Indonesia (Persero) 280.473 580.158 PT Kereta Api Indonesia (Persero)
PT Pembangunan Perumahan PT Pembangunan Perumahan
(Persero) Tbk 265.772 384.473 (Persero) Tbk
PT Pertamina Drilling Services Indonesia 250.392 - PT Pertamina Drilling Services Indonesia
Lain-lain 1.176.321 1.158.879 Others
8.147.245 8.219.340
Iuran Program Pensiun Imbalan Pasti Contribution of Defined Benefit Pension
(Catatan 42a) 368.903 814.934 Plan (Note 42a)
Iuran Program Tunjangan Hari Tua Contribution of Old Age Benefit
(Catatan 42b) 175.057 136.643 (Note 42b)
Iuran Program Pensiun Iuran Pasti Contribution of Defined Contribution
(Catatan 42c) 564.087 468.697 Pension Plan (Note 42c)
Total 1.108.047 1.420.274 Total
366
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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):
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
Gaji dan tunjangan Dewan Komisaris Salaries and allowance for the Board of
dan Direksi (Catatan 35) Commissioners and Directors (Note 35)
Gaji dan tunjangan Direksi 223.075 195.671 Salaries and allowance for Director
Salaries and allowance for
Gaji dan tunjangan Dewan Komisaris 87.700 83.417 the Board of Commisioners
Total 310.775 279.088 Total
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023
Tantiem, bonus dan insentif Tantiem, bonuses and incentives
Dewan Komisaris, Direksi Board of Commissioners, Directors
dan manajemen kunci (Catatan 35) and key management (Note 35)
Tantiem Direksi 648.099 404.423 Tantiem for Directors
Tantiem Dewan Komisaris 259.841 159.244 Tantiem for Commisioners
Bonuses and incentives for key
Bonus dan insentif Manajemen Kunci 228.670 187.258 management
Total 1.136.610 750.925 Total
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Aset Assets
Giro pada Bank lain 0,025% 0,023% Current accounts with other banks
Penempatan pada Bank Indonesia dan Placement with Bank Indonesia
lembaga keuangan lain 0,261 0,149 and other financial institutions
Efek-efek 11,999 12,565 Securities
Wesel ekspor dan tagihan lainnya 0,194 0,256 Export bills and other receivables
Efek-efek yang dibeli dengan janji Securities Purchased Under Agreement
dijual kembali 0,048 0,000 To Resell
Kredit yang diberikan 4,472 4,321 Loans
Piutang pembiayaan 0,002 0,002 Finance receivables
Tagihan akseptasi 0,103 0,062 Acceptances receivable
Penyertaan saham 0,357 0,321 Investment in associated entites
Aset lain-lain 0,035 0,036 Other assets
Total 17,496% 17,735% Total
367
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 (lanjutan): subsidiaries are as follows (continued):
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Liabilitas Liabilities
Giro 8,271% 10,609% Demand Deposits
Tabungan 0,017 0,027 Saving Deposits
Deposito berjangka 7,107 9,481 Time Deposits
Simpanan dari Bank lain dan Deposits from other bank and
lembaga keuangan lainnya 0,069 0,028 financial institution
Efek-efek yang dijual dengan janji Securities Sold Under Agreement
dibeli kembali 0,000 0,000 To Purchased
Surat berharga yang diterbitkan 0,276 0,404 Marketable securities issued
Pinjaman yang diterima 2,196 1,583 Fund Borrowing
Pinjaman dan Surat Berharga Subordinated loans and marketable
Subordinasi 0,014 0,014 securities
Kompensasi kepada manajemen Compensation to key employees
Manajemen Kunci 0,099 0,098 management
Total 18,049% 22,244% Total
45. PERJANJIAN, KOMITMEN DAN KONTINJENSI 45. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN AND CONTINGENCIES
a. Perjanjian Signifikan a. Significant Agreements
Pada tanggal 15 November 2019, BRI On November 15, 2019, BRI entered into an
mengadakan perjanjian dengan PT SAP agreement with PT SAP Indonesia regarding the
Indonesia sehubungan dengan pengadaan procurement of an SAP service agreement for a
perjanjian layanan SAP untuk jangka waktu period of 24 (twenty four) months with a contract
24 (dua puluh empat) bulan dengan nilai value of Rp18,495.
kontrak senilai Rp18.495.
Pada tanggal 4 September 2020, BRI On September 4, 2020, BRI entered into an
mengadakan perjanjian dengan PT Deloitte agreement with PT Deloitte Consulting regarding
Consulting sehubungan dengan Pengadaan the procurement of System Integrator
Konsultan System Integrator Foundation Foundation Service Consultants, product
Service, Fase implementasi product untuk implementation phase for a period of 8 (eight)
jangka waktu 8 (delapan) bulan dengan nilai months with a contract value of Rp58,466.
kontrak senilai Rp58.466.
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
jangka waktu 36 (tiga puluh enam) bulan 36 (thirty six) months with a contract value of
dengan nilai kontrak senilai Rp164.500. Rp164,500.
368
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
a. Perjanjian Signifikan (lanjutan) a. Significant Agreements (continued)
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 26 September 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 Rp2.039. 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.
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 2024 dan As of December 31, 2024 and 2023, BRI has
2023, 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 Rp676,572 and
diputuskan masing-masing sebesar Rp676.572 Rp1,361,894, respectively (Note 28).
dan Rp1.361.894 (Catatan 28). Manajemen Management believes that the amount of
berpendapat bahwa jumlah cadangan yang reserves established for the potential losses
dibentuk atas kemungkinan timbulnya kerugian arising from legal claims that have not yet been
akibat tuntutan hukum yang belum diputuskan resolved or are still in process is adequate.
atau masih dalam proses tersebut telah
memadai.
369
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
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, 2024
31 Desember 2024 dan 2023 masing-masing adalah and 2023 were 4.25% and 4.25%, respectively, for
sebesar 4,25% 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, 2024 and 2023 were 2.25% and
uang asing pada tanggal 31 Desember 2024 dan 2.25%, respectively.
2023 masing-masing adalah sebesar 2,25% dan
2,25%.
370
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) DAN INTERPRETASI FINANCIAL ACCOUNTING STANDARDS (SFAS)
STANDAR AKUNTANSI KEUANGAN (ISAK) AND INTERPRETATION OF FINANCIAL
YANG DIKELUARKAN DAN DIREVISI ACCOUNTING STANDARDS (IFAS)
Berikut adalah ikhtisar PSAK dan ISAK yang telah The following summarizes the SFAS and IFAS which
diterbitkan oleh Dewan Standar Akuntansi Keuangan were issued by the Financial Accounting Standards
(DSAK) dan Dewan Standar Akuntansi Syariah Board (FASB) and Sharia Accounting Standards
(DSAS) - IAI yang relevan untuk BRI dan Board (SASB) and are relevant to BRI and
entitas anak, namun belum berlaku efektif untuk Subsidiaries, but not yet effective for
laporan keuangan konsolidasian pada tanggal the consolidated financial statements as of
31 Desember 2024: December 31, 2024:
Efektif berlaku pada atau setelah tanggal Effective on or after January 1, 2025:
1 Januari 2025:
a. Amandemen PSAK 221: Kekurangan a. Amendment of PSAK 221: Lack of
ketertukaran exchangeability
Amandemen tersebut mengharuskan The amendments require disclosure of
pengungkapan informasi yang memungkinkan information that enables users of financial
pengguna laporan keuangan memahami statements to understand the impact of
dampak mata uang yang tidak dapat a currency not being exchangeable. The
dipertukarkan. Amandemen berlaku untuk amendments apply for annual reporting periods
periode pelaporan tahunan yang dimulai pada beginning on or after 1 January 2025. Earlier
atau setelah 1 Januari 2025. Penerapan dini application is permitted which an entity is
diperkenankan dimana entitas diharuskan required to disclose that fact. The date of initial
mengungkapkan fakta tersebut. Tanggal application is the beginning of the annual
penerapan awal adalah awal periode pelaporan reporting period in which an entity first applies
tahunan saat entitas pertama kali menerapkan the amendments.
amandemen tersebut.
b. PSAK 117: Kontrak asuransi b. PSAK 117: Insurance contracts
Standar akuntansi baru yang komprehensif A comprehensive new accounting standard for
untuk kontrak asuransi yang mencakup insurance contracts covering recognition and
pengakuan dan pengukuran, penyajian dan measurement, presentation and disclosure,
pengungkapan, pada saat berlaku efektif PSAK upon its effective date, PSAK 117 will replace
117 akan menggantikan PSAK 104: Kontrak PSAK 104: Insurance contracts. PSAK 117
asuransi. PSAK 117 berlaku untuk semua jenis applies to all types of insurance contracts, life,
kontrak asuransi, jiwa, non-jiwa, asuransi non-life, direct insurance and re-insurance,
langsung dan reasuransi, terlepas dari entitas regardless of the entities issuing them, as well
yang menerbitkannya, serta untuk jaminan dan as to certain guarantees and financial
instrumen keuangan tertentu dengan fitur instruments with discretionary participation
partisipasi tidak mengikat, serta beberapa features, while a few scope exceptions will
pengecualian ruang lingkup akan berlaku. apply. The overall objective of PSAK 117 is to
Tujuan keseluruhan dari PSAK 117 adalah untuk provide an accounting model for insurance
menyediakan model akuntansi untuk kontrak contracts that is more useful and consistent for
asuransi yang lebih bermanfaat dan konsisten insurers.
untuk asuradur.
371
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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) DAN INTERPRETASI FINANCIAL ACCOUNTING STANDARDS (SFAS)
STANDAR AKUNTANSI KEUANGAN (ISAK) AND INTERPRETATION OF FINANCIAL
YANG DIKELUARKAN DAN DIREVISI (lanjutan) ACCOUNTING STANDARDS (IFAS) (continued)
Berikut adalah ikhtisar PSAK dan ISAK yang telah The following summarizes the SFAS and IFAS which
diterbitkan oleh Dewan Standar Akuntansi Keuangan were issued by the Financial Accounting Standards
(DSAK) dan Dewan Standar Akuntansi Syariah Board (FASB) and Sharia Accounting Standards
(DSAS) - IAI yang relevan untuk BRI dan entitas Board (SASB) and are relevant to BRI and
anak, namun belum berlaku efektif untuk laporan Subsidiaries, but not yet effective for
keuangan konsolidasian pada tanggal the consolidated financial statements as of
31 Desember 2024 (lanjutan): December 31, 2024 (continued):
Efektif berlaku pada atau setelah tanggal Effective on or after January 1, 2026:
1 Januari 2026:
a. PSAK 109, “Instrumen Keuangan” dan PSAK a. SFAS No. 109, PSAK 109, "Financial
107 “Instrumen Keuangan Pengungkapan Instruments," and PSAK 107, "Financial
tentang Klasifikasi dan Pengukuran Instrumen Instruments: Disclosures about the
Keuangan”. Classification and Measurement of Financial
Instruments."
Amendemen ini menambahkan dan These amendments adding and clarify
mengklarifikasi ketentuan dalam PSAK 109 statement in PSAK 109 regarding derecognition
terkait penghentian pengakuan liabilitas of financial liabilities, as well as clarify the
keuangan, serta mengklarifikasi penilaian assessment of cash flow characteristics for
karakteristik arus kas untuk aset keuangan financial assets with ESG-linked features,
dengan fitur ESG-linked, aset keuangan financial assets with non-recourse features,
dengan fitur non-recourse, dan instrumen yang and contractually bound instruments such as
terikat secara kontraktual seperti tranche. tranches. The amendments also revise the
Amendemen ini juga mengubah ketentuan statement in PSAK 107 regarding the
dalam PSAK 107 terkait persyaratan disclosure requirements for investments in
pengungkapan investasi pada instrumen equity instruments measured at fair value
ekuitas yang diukur pada nilai wajar melalui through other comprehensive income and
penghasilan komprehensif lain dan menambah adding statament related to financial
ketentuan terkait instrumen keuangan dengan instruments with contractual terms that alter the
persyaratan kontraktual yang mengubah waktu timing or amount of contractual cash flows."
atau jumlah arus kas kontraktual.
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.
372
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
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 2024 dan 2023, Bank As of 31 December 2024 and 2023, the Bank has
telah memenuhi semua persyaratan modal yang complied with all capital requirements.
diwajibkan.
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 2024 CAR as of December 31, 2024 and 2023 is
dan 2023 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
atas POJK No. 11/POJK.03/2016 tentang No. 11/POJK.03/2016 concerning Minimum
Kewajiban Penyediaan Modal Minimum Bank Capital Requirements for Commercial Banks
Umum dan POJK No. 27/POJK.03.2022 tentang and POJK No. 27/POJK.03.2022 concerning the
Perubahan kedua atas POJK second amendment to POJK
No. 11/POJK.03/2016 tentang Kewajiban No. 11/POJK.03/2016 concerning Bank
Penyediaan Modal Minimum Bank. Minimum Capital Requirements.
373
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
a. Rasio Kewajiban Penyediaan Modal Minimum a. Capital Adequacy Ratio (CAR) (continued)
(CAR) (lanjutan)
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
tahun 2024 dan 2023, yaitu low to moderate, year 2024 and 2023, which are low to moderate,
maka CAR minimum pada tanggal-tanggal the minimum CAR as of December 31, 2024 and
31 Desember 2024 dan 2023 ditetapkan masing- 2023 is set at 9% up to less than 10%.
masing sebesar 9% sampai dengan kurang dari
10%.
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023 BRI has
2023 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 2024 dan 2023 masing-masing 2024 and 2023 are calculated as follows:
dihitung sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Modal Inti (Tier 1) Core Capital (Tier 1)
Modal Inti Utama (CET 1) 241.043.217 238.956.599 Common Equity (CET 1)
Modal Pelengkap (Tier 2) 11.725.187 11.612.168 Supplementary Capital (Tier 2)
Total Modal 252.768.404 250.568.767 Total Capital
Aset Tertimbang Menurut Risiko
(ATMR) Risk Weighted Asset (RWA)
ATMR untuk Risiko Kredit*) 907.054.632 890.512.335 RWA for Credit Risk*)
ATMR untuk Risiko Pasar**) 27.272.654 3.617.404 RWA for Market Risk**)
ATMR untuk Risiko
Operasional***) 100.903.263 99.021.545 RWA for Operational Risk***)
Total RWA 1.035.230.549 993.151.284 Total RWA
374
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
a. Rasio Kewajiban Penyediaan Modal Minimum a. Capital Adequacy Ratio (CAR) (continued)
(CAR) (lanjutan)
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rasio CAR CAR Ratio
Rasio CET 1 23,28% 24,06% CET 1 Ratio
Rasio Tier 1 23,28% 24,06% Tier 1 Ratio
Rasio Tier 2 1,13% 1,17% Tier 2 Ratio
Rasio Total 24,41% 25,23% 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 7 *) Credit risk is calculated based on SE OJK No. 24/SEOJK.03/2021 dated
Oktober 2021. October 7, 2021.
**) Risiko Pasar posisi 31 Desember 2024 dihitung berdasarkan SE OJK No. **) As of December 31 2024, Market risk is calculated based on SE OJK No.
23/SEOJK.03/2022 tanggal 7 Desember 2022, Risiko Pasar posisi 31 23/SEOJK.03/2022 dated December 7, 2022. As of December 31 2023,
Desember 2023 dihitung berdasarkan SE OJK No. 38/SEOJK.03/2016
tanggal 8 September 2016. Market risk is calculated based on SE OJK No. 38/SEOJK.03/2016 dated
September 8, 2016.
***) Risiko Operasional dihitung berdasarkan SE OJK No. 6/SEOJK.03/2020 ***) Operational risk is calculated based on SE OJK No. 6/SEOJK.03/2020 dated
tanggal 29 April 2020. April 29, 2020.
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/December 31, 2024
Dalam Perhatian Kurang
Khusus/ Special Lancar/ Diragukan/
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
31 Desember/December 31, 2023
Dalam Perhatian Kurang
Khusus/ Special Lancar/ Diragukan/
Current Mention Substandard Doubtful Macet/Loss Jumlah/Total
Jenis Type
Modal kerja 38.140.877 25.384.552 2.162.088 3.450.955 6.513.973 75.652.445 Working Capital
Investasi 13.785.578 4.224.454 329.997 837.300 5.635.785 24.813.114 Investment
Konsumsi 4.586.499 1.498.244 186.617 275.195 586.650 7.133.205 Consumer
Total 56.512.954 31.107.250 2.678.702 4.563.450 12.736.408 107.598.764 Total
375
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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, 2024
31 Desember 2024 dan 2023 kepada Bank and 2023 to Bank Indonesia
Indonesia No. 7/3/PBI/2005 dan Otoritas No. 7/3/PBI/2005 and Financial Services
Jasa Keuangan (OJK) No. 38/POJK.03/ Authority (OJK) No. 38/POJK.03/2019
2019 tanggal 19 Desember 2019 tentang dated December 19, 2019 concerning the
Perubahan Atas Peraturan Otoritas Jasa Amendment to the Financial Services
Keuangan No. 32/POJK.03/2018 tentang Authority Regulation No. 32/POJK.03/2018
Batas Maksimum Pemberian Kredit dan on the Legal Lending Limit and Provision of
Penyediaan Dana Besar Bagi Bank Umum, Large Funds for Commercial Banks, BRI
BRI tidak memiliki debitur, baik pihak terkait has neither related parties nor third party
maupun pihak tidak terkait, yang tidak debtors, in accordance with Bank Indonesia
memenuhi atau melampaui ketentuan regulation and Financial Services Authority
BMPK sesuai dengan Peraturan Bank (OJK), that does not comply with or exceed
Indonesia dan OJK. the Legal Lending Limit, respectively.
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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Perdagangan, perhotelan
dan restoran 17.567.182 18.556.491 Trading, hotels & restaurants
Perindustrian 11.172.229 11.151.702 Manufacturing
Pertanian 8.935.286 9.587.360 Agricultures
Konstruksi 7.100.058 6.755.177 Construction
Jasa dunia usaha 6.367.768 6.242.005 Business services
Pertambangan 2.305.584 2.314.227 Mining
Pengangkutan, pergudangan Transportation, warehousing
dan komunikasi 812.853 2.027.334 and communication
Listrik, gas dan air 232.994 143.026 Electricity, gas and water
Jasa pelayanan sosial 308.463 408.163 Social services
Lain-lain 4.884.507 4.662.338 Others
Total 59.686.924 61.847.823 Total
Dikurangi cadangan kerugian Less allowance for
penurunan nilai (42.746.243) (44.549.772) impairment losses
Neto 16.940.681 17.298.051 Net
376
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 2,94% dan related regulation are 2.94% and
3,12% masing-masing pada tanggal- 3.12% as of December 31, 2024 and
tanggal 31 Desember 2024 dan 2023. 2023, respectively. While the ratios of
Sedangkan rasio NPL neto BRI (entitas BRI’s (parent entity) non-performing
induk) adalah sebesar 0,75% dan loans (NPL) - net are 0.75% and 0.76%
0,76% masing-masing pada tanggal as of December 31, 2024 and 2023,
31 Desember 2024 dan 2023. Total respectively. The total credit used in
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. 9/SEOJK.03/2020 regarding
No. 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 55,43% dan 58,55% 55.43% and 58.55% as of December
masing-masing pada tanggal 31, 2024 and 2023, respectively.
31 Desember 2024 dan 2023.
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 Rp132,489
Rp132.489 dan Rp108.286 dengan nilai tercatat and Rp108,286 with the carrying value
sebesar Rp1.260.407 dan Rp1.130.368 masing- amounted to Rp1,260,407 and Rp1,130,368 as
masing pada tanggal 31 Desember 2024 dan of December 31, 2024 and 2023, respectively.
2023.
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 (Catatan 2e) adalah sebesar December 19, 2019 (Note 2e) amounted to
Rp41.253.476 dan Rp43.526.965 masing- Rp41,253,476 and Rp43,526,965 as of
masing pada tanggal 31 Desember 2024 dan December 31, 2024 and 2023, respectively.
2023.
377
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
c. Rasio Kredit Non-Performing (NPL) c. Non-Performing Loans (NPL) Ratio
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, the NPL
2023, 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 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rasio NPL - bruto 2,78% 2,95% NPL ratio - gross
Rasio NPL - neto 0,70% 0,72% 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.
d. Kolektibilitas d. Collectibility
31 Desember/ 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
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)
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 )
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 )
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)
378
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31, 2024
Dalam Perhatian
Khusus/ Kurang Lancar/ Diragukan/
Keterangan/Description Lancar/ Current Special Mention Substandard Doubtful Macet/Loss Jumlah/Total
Penyertaan saham/
Investment in shares
Komitmen dan Kontinjensi/
Commitments and Contingencies 200.945.801 901.549 30.936 40.864 81.000 202.000.150
Estimasi kerugian pada komitmen
Dan kontinjensi/
Estimated losses on
Commintments and contingencies - - - - - (2.551.050 )
31 Desember/ December 31, 2023
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
Giro pada bank lain/
Current accounts with Other Banks 22.331.919 - - - - 22.331.919
Cadangan kerugian penurunan nilai/
Allowance for impairment losses - - - - - (9.984 )
Penempatan pada Bank Indonesia
Dan Lembaga keuangan lain/
Placement with Bank Indonesia
and Other Financial Institutions 65.225.260 - - - - 65.225.260
Cadangan kerugian penrunan nilai/
Allowance for impairment losses (1.860) - - - - (1.860 )
Efek-efek/Securities 331.091.304 - - - - 331.091.304
Cadangan kerugian penurunan nilai/
Allowance for impairment losses - - - - - (81.510 )
Wesel ekspor dan tagihan lainnya/
Export Bills and Other Receivables 54.130.097 - - - - 54.130.097
Cadangan kerugian penurunan nilai/
Allowance for impairment losses - - - - - (2.323.916 )
Efek-efek yang dibeli
dengan janji dijual kembali/
Securities purchased
under agreement to resell 33.595.231 - - - - 33.595.231
Kredit yang diberikan/Loans
Individual/ Individual* 14.922.275 10.279.925 152.166 614.097 7.861.037 33.829.500
Kolektif/ Collective* 1.056.513.200 47.533.421 4.652.510 7.076.036 16.093.300 1.131.868.467
Usaha gadai/ loan granting
under pawning business
activity** 44.856.257 1.827.385 20.712 10.115 165.650 46.880.119
Cadangan kerugian
Allowance for
impairment losses
Individual/Individual* (8.325.035) (8.578.308) (114.768) (587.130) (7.809.876) (25.415.117 )
Kolektif/Collective* (22.707.423) (13.338.185) (3.256.566) (4.975.711) (10.795.081) (55.072.966 )
Usaha gadai/ loan granting
under pawning business
activity** (1.200.430) (128.592) (1.253) (619) (105.425) (1.436.319 )
Pinjaman syariah/Sharia loans 43.253.228 2.142.130 188.383 98.798 255.157 45.937.696
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (1.670.599) (1.293.866) (161.125) (70.639) (165.949) (3.362.178 )
Piutang sewa pembiayaan/
Finance lease receivables 7.499.044 279.684 23.993 29.279 81.465 7.913.465
Cadangan kerugian penurunan nilai/
Allowance for impairment losses (45.847) (44.760) (15.006) (29.298) (80.397) (215.308 )
Tagihan akseptasi/
Acceptance receivables 10.217.408 - - - - 10.217.408
Cadangan kerugian penurunan nilai/
Allowance for impairment losses - - - - - (249.698 )
Penyertaan saham/
Investment in shares
Komitmen dan Kontinjensi/
Commitments and Contingencies 204.493.512 1.293.884 51.774 30.568 60.833 205.930.571
Estimasi kerugian pada komitmen
Dan kontinjensi/
Estimated losses on
Commintments and contingencies - - - - - (6.117.768 )
* Kolektibilitas BRI, Bank Raya dan Pegadaian (diluar usaha gadai)/ Collectibility BRI, Bank Raya and Pegadaian excluding loan granting under pawning business activity.
** Koleibilitas usaha gadai Pegadaian (entitas anak)/ Collectibility of loan granting under pawning business activity of Pegadaian (subsidiary).
379
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ 31 Desember/
December 31, 2024 December 31, 2023
Rupiah Rupiah
Giro pada bank lain 0,07% 0,08% Current accounts with Other Banks
Penempatan pada Bank Indonesia 2,21% 5,25% Placement with Bank Indonesia
Penempatan pada Lembaga keuangan lain 2,26% 6,17% Placement with Other Financial Institutions
Efek - efek 6,88% 6,61% Securities
Kredit yang diberikan Loans
Bunga Kontrak 10,77% 11,01% Contractual Interest
Bunga Efektif 11,32% 11,79% Efective Interest
Giro 4,82% 2,72% Demand deposits
Tabungan 0,29% 0,26% Saving deposits
Deposito 5,67% 4,71% Time deposits
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 3,07% 1,76% and other financial institutions
Mata uang asing Foreign currency
Giro pada bank lain 3,39% 3,73% Current accounts with Other Banks
Penempatan pada Bank Indonesia 4,89% 5,34% Placement with Bank Indonesia
Penempatan pada Lembaga keuangan lain 5,13% 5,48% Placement with Other Financial Institutions
Efek - efek % Securities
Dolar Amerika Serikat 4,17% 3,80% United States Dollar
Euro Eropa 2,27% 2,31% European Euro
Dolar Singapura 2,77% 2,67% Singaporean Dollar
Dolar Taiwan Baru 1,52% 1,39% New Taiwanese Dollar
Yen Jepang 0,57% 0,61% Japanese Yen
Kredit yang diberikan Loans
Bunga Kontrak 4,84% 4,80% Contractual Interest
Bunga Efektif 5,08% 5,07% Efective Interest
Giro 2,33% 2,62% Demand deposits
Tabungan 0,16% 0,19% Saving deposits
Deposito 4,36% 3,18% Time deposits
Simpanan dari bank lain Deposits from other banks
dan lembaga keuangan lain 1,21% 2,15% 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 Divisi Investment Services yang Investment Services Division Activities, which
meliputi jasa-jasa sebagai berikut: include the following services:
Jasa penyimpanan (safe keeping 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);
380
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Divisi Investment Services yang Investment Services Division 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;
Jasa Kustodian Global untuk surat berharga and
yang diterbitkan di luar negeri. Global custodian services for securities
issued abroad.
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 Divisi Investment Services yang Services Division 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.
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; dan Investment agent services; and
Layanan Jasa Keagenan Lainnya, seperti Other agency services, such as Reception
misalnya Agen Penampungan dan Agen Agent and Guarantees Agent
Jaminan.
381
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
BRI saat ini telah memberikan pelayanan Jasa Currently, BRI has been provided Trust Services
Trust untuk transaksi-transaksi keuangan yang for financial transactions involving oil and gas
melibatkan proyek minyak dan gas (Migas) baik projects, carried out by members of the
yang dilaksanakan oleh anggota Kontraktor Cooperation Contract Contractors (K3S) under
Kontrak Kerja Sama (K3S) di bawah naungan the auspices 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 Agen provides services for Paying Agent and
Pembayar dan Agen Penampungan (non-Trust) Reception Agent (non-Trust) for other sectors,
untuk sektor-sektor lain, seperti sektor such as infrastructure, energy, trading and
infrastruktur, energi, perdagangan dan industri chemical industries. Beside service to direct
kimia. Selain melayani direct customer, Jasa customers, BRI’s Trust Services also participate
Trust BRI juga berperan serta mendukung unit in supporting BRI’s financing business unit in the
kerja pembiayaan BRI dalam transaksi kegiatan financing transaction of infrastructure, energy
pembiayaan infrastruktur, energi dan aktivitas and syndicated financing transactions activities.
transaksi pembiayaan sindikasi.
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 Republic of Indonesia No. KEP-97/KM.6/2004
24 Mei 2004. dated May 24, 2004.
DPLK BRI menyelenggarakan Program antara DPLK BRI organizes programs including:
lain:
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. Syndicated Agen
BRI saat ini memberikan pelayanan Jasa Agen DBRI currently provides Syndicated Business
Sindikasi untuk pembiayaan kredit sindikasi dari Services for syndicated loan from several
beberapa sektor/industri diantaranya sektor sectors/industries including agribusiness sector,
agribisnis, infrastruktur seperti jalan tol, infrastructure such as toll roads, ports, airports,
pelabuhan, bandara, pembangkit tenaga listrik, power plants, oil and gas, textiles, property and
minyak & gas, tekstil, properti dan manufaktur manufacturing involving government projects
yang melibatkan proyek-proyek pemerintah (BUMN) and private projects.
(BUMN) maupun proyek-proyek swasta.
382
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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; Facilities Agent;
Agen Jaminan; dan Guarantees Agent; and
Agen Penampungan. Suspend Agent
k. Kontribusi Pendapatan Pajak dan PNBP k. Contribution of Tax and Non Tax Revenue
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, BRI's
2023, 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 2024/ 31 Desember 2023 /
Dcember 31, 2024 December 31, 2023
Pajak Tax
PPh* 29.614.698 25.139120 Income Tax*
Value Added Tax & Sales Tax
PPN & PPNBM 2.102.680 1.922.197 on Luxury Goods
Bea Masuk/Keluar, Bea & Cukai Import/Exit Duty, Customs & Excise
Bea Materai 36.982 95.320 and Stamp Duty
Pajak Pemerintah Pusat Lainnya Other Central Government Taxes
Pajak Daerah 126.702 97.723 Regional Tax
PNBP PNBP
Dividen 25.714.902 23.233.807 Dividend
PNBP Lainnya 76.561 165.365 Other PNBP
Total Kontribusi Pendapatan Total Contribution of Tax
Pajak dan PNBP 57.67.525 50.653.532 and Non Tax Revenue
*) PPh badan sebesar Rp14.448.648 dan Rp13.058.345 pada tanggal *) Corporate income tax of Rp14,448,648 and Rp13,058,345 as of December 31,
31 Desember 2024 dan 2023, yang dihitung secara accrual basis (diluar BRI 2024 and 2023, 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. Pada Reserves (GWM) requirements from Bank
tanggal-tanggal 31 Desember 2024 dan 2023, Indonesia. As of December 31, 2024 and 2023,
GWM dihitung sesuai dengan Peraturan Bank the GWM was calculated in accordance with
Indonesia (PBI) No. 24/4/PBI/2022 tanggal 25 Bank Indonesia Regulation (PBI)
Februari 2022 yang dijelaskan melalui Peraturan No. 24/4/PBI/2022 dated February 25, 2022
Anggota Dewan Gubernur (PADG) No. 12 which is explained by the Regulation of
Tahun 2023 tanggal 27 September 2023. Members of the Board of Governors (PADG) No.
12 Year 2023 dated September 27, 2023.
383
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
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 2023 concerning Implementing Regulations for
27 September 2023 tentang Peraturan Implementing the Macropudential Liquidity
Pelaksanaan Peraturan Pelaksanaan Kebijakan Incentive Policy (PADG KLM).
Insentif Likuiditas Makropudensial (PADG KLM).
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
November 29, 2023.
Pemenuhan rasio-rasio tersebut di atas masing- The calculation of GWM ratio is determined as
masing ditentukan sebesar sebagai berikut: follows:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah Rupiah
GWM Primer 5,00% 6,05% Primary GWM
(i) GWM secara harian 0,00% 0,00% (i) GWM daily
(ii) GWM secara rata-rata*) 5,00% 6,05% (ii) GWM average*)
Penyangga Likuiditas Macroprudential Liquidity
Makroprudensial (PLM) 5,00% 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
384
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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)
Berdasarkan PBI No. 20/4/PBI/2018 tanggal Based on PBI No. 20/4/PBI/2018 dated March
29 Maret 2018, penyebutan Loan to Funding 29, 2018, Loan to Funding Ratio (LFR) changed
Ratio (LFR) berubah menjadi Rasio Intermediasi to Macroprudential Intermediation Ratio (RIM),
Makroprudensial (RIM), dan kewajiban and RIM fulfillment obligations are applicable
pemenuhan Giro RIM mulai berlaku pada starting on July 16, 2018. RIM is the minimum
tanggal 16 Juli 2018. Giro RIM adalah simpanan deposit the Bank is obliged to maintain in the
minimum yang wajib dipelihara oleh Bank dalam 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 PADG No. 18 Year
PBI tersebut dijelaskan melalui PADG No. 18 2023 dated November 29, 2023.
Tahun 2023 tanggal 29 November 2023.
Rasio GWM BRI (entitas induk) pada tanggal- GWM ratios of BRI (parent entity) as of
tanggal 31 Desember 2024 dan 2023 adalah December 31, 2024 and 2023 are as follows:
sebagai berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
Rupiah Rupiah
GWM Primer 5,39% 8,05% Primary GWM
(i) GWM secara harian 0,00% 0,00% (i) GWM daily
(ii) GWM secara rata-rata*) 5,39% 8,05% (ii) GWM average*)
Penyangga Likuiditas Macroprudential Liquidity
Makroprudensial (PLM) 12,55% 14,24% Buffer Ratio (PLM)
Mata uang asing 4,69% 4,22% Foreign currency
(i) GWM secara harian 2,00% 2,00% (i) GWM daily
(ii) GWM secara rata-rata 2,69% 2,22% (ii) GWM average
*) Setelah dikurangi insentif sesuai PADG No. 11 Tahun *) After deducting incentives based on PADG No. 11 Year
2023. 2023.
Pada tanggal-tanggal 31 Desember 2024 dan As of December 31, 2024 and 2023, BRI has
2023, BRI telah memenuhi ketentuan Bank complied with Bank Indonesia’s regulations
Indonesia tentang rasio-rasio tersebut di atas. regarding ratios mentioned above.
385
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 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 2024 dan 2023, per December 31, 2024 and 2023, respectively, by
mata uang, sebagai berikut: currency, as follows:
31 Desember/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
386
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 2024 dan 2023, per December 31, 2024 and 2023, respectively, by
mata uang, sebagai berikut: currency, as follows:
31 Desember/ December 31, 2023
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 331.100.472 331.199.191 98.719 United States Dollar
Dolar Kanada 38.691 24.303 14.388 Canadian Dollar
Renminbi 1.230.517 1.176.670 53.847 Renminbi
Yen Jepang 5.574.573 4.698.897 875.676 Japanese Yen
Dolar Singapura 3.769.803 3.802.661 32.858 Singaporean Dollar
Euro Eropa 3.700.437 3.724.175 23.738 European Euro
Dolar Australia 372.328 305.103 67.225 Australian Dollar
Pound Sterling Inggris 1.085.793 968.132 117.660 Great Britain Pound Sterling
Lain-lain 858.490 617.292 241.198 Others
1.525.309
Moda l 250.568.767 Capital
Rasio PDN 0,62% 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-5/MBU/09/2022 tentang Commercial Banks and the Minister of State-
Penerapan Manajemen Risiko pada Badan Owned Enterprises Regulation No.PER-
Usaha Milik Negara. Penerapan manajemen 5/MBU/09/2022 regarding Implementation of
risiko mencakup pilar Pengawasan aktif Dewan Risk Management in State-Owned Enterprises,
Komisaris dan Direksi, Kecukupan kebijakan, which requires the risk management
prosedur dan penetapan limit, Kecukupan implementation to cover the pillars of active
proses identifikasi, pengukuran, pemantauan monitoring by the Board of Commissioners and
dan pengendalian risiko serta sistem informasi Directors, adequacy of policies, limit procedure
manajemen risiko, dan sistem pengendalian and determination, adequacy of identification,
internal. measurement, monitoring and management of
risk process adequacy as well as information
system of risk management, and internal control
system.
387
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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
(Divisi/Desk/ Team), Regional Office, Kantor level of Head Office (Division/Desk), Regional
Cabang Khusus, Kantor Cabang, Kantor Offices, Special Branch Office, Branch Offices,
Cabang Pembantu, BRI Unit, Kantor Kas, Sentra Sub-Branch Offices, BRI Priority Service
Layanan BRI Prioritas dan Unit Kerja Luar 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) Divisions/Desks.
yang dilaksanakan secara rutin bersama dengan
SKMR dan Divisi/Desk lainnya.
388
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Intern selaku third line dalam 3 lines of Internal audit as the third line of defense
model yang meliputi Audit Intern 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.
389
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Control and Self Assessment 1. Risk Control and 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 (Desk/Division), Regional
kejadian (likelihood), RCSA di BRI telah Offices, Special Branch Office, Overseas
diterapkan di Divisi/Desk/Team Kantor Branch/Representative Office, Regional
Pusat BRI, Regional Office, Kantor Cabang Internal Audit, Regional Campus, Branch
Khusus, UKLN, Audit Intern 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.
390
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.66-
SE.66-DIR/MPE/12/2022 Buku 2 tentang DIR/MPE/12/2022 Book 2 concerning
Perhitungan ATMR Operasional. Operational RWA Calculations.
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.
391
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 Head of Regional Internal Audit.
yaitu Regional CEO, Regional Risk
Management Head, dan Kepala Audit Intern
Wilayah.
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.
392
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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.50-
Kebijakan BCM diatur melalui Surat Edaran DIR/MPE/12/2023 regarding Business
SE.50-DIR/MPE/12/2023 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.05-ORD/05/2023 Book 1 on Business
No. SO.05-ORD/05/2023 Buku 1 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
Krisis, penyusunan Call Tree dan a Crisis Management Team, the
penetapan alternate sites, serta berbagai preparation of Call Tree and the
pengujian rencana kelangsungan usaha. establishment of alternate sites, and various
Unit kerja BRI juga telah melakukan tests of business continuity plans. BRI work
Penilaian Risiko Ancaman dan Bencana units have also carried out
(PRAB) yang bertujuan untuk a Threat and Disaster Risk Assessment
mengidentifikasi sumber daya yang which aims to identify the resources needed
dibutuhkan dalam rangka persiapan in preparation for facing threats/disasters in
menghadapi ancaman/bencana di masing- each work unit. As one of the
masing unit kerja. Sebagai salah satu implementation of BCM BRI has
implementasi BCM BRI telah memiliki Emergency Response Plan (ER Plan) and
pedoman Emergency Response Plan (ER Business Continuity Plan (BC Plan) policies
Plan) dan kebijakan Business Continuity for Critical Work Units. To ensure that the
Plan (BC Plan) untuk Unit Kerja Kritikal. policy can be used during disruptions/
Untuk memastikan bahwa kebijakan disasters, the ER Plan and BC Plan trials
tersebut dapat digunakan saat terjadi are carried out annually and prioritized in
gangguan/bencana maka pelaksanaan uji disaster-prone work units.
coba ER Plan dan BC Plan dilaksanakan
setiap tahun dan diprioritaskan pada unit
kerja yang rawan bencana.
393
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 No. 58-
telah dirumuskan melalui Surat Edaran No. /DIR/ORD/11/2022 Book 4 concerning
58-/DIR/ORD/11/2022 Buku 4 tentang Occupational Safety and Health
Sistem Manajemen Keselamatan dan Management Systems (SMK3) and SOP
Kesehatan Kerja (SMK3) dan SOP No. No. SO.05-ORD/05/2023 concerning
SO.05-ORD/05/2023 tentang Pengelolaan Business Continuity Management.
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.
394
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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 8. BRI Anti-Fraud Strategy Implementation
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
Buku 2 tentang Strategi Anti Fraud. Anti-Fraud Strategy.
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/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 60.154.887 150.733.730.203 399 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 60.154.887 150.763.568.628 399 Diluted earnings per share
395
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/December 31, 2023
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 60.099.863 150.880.994.955 398 of the parent entity
Ditambah: penerbitan saham Addition: Issuance of bonus
bonus dan opsi saham - 33.812.185 - shares and stock options
Laba bersih per lembar saham
dilusian 60.099.863 150.914.807.140 398 Diluted earnings per share
51. PERUBAHAN AKTIVITAS PENDANAAN 51. CHANGES IN FINANCING ACTIVITIES
Arus Kas/ Cash flows Perubahan
31 Desember/ Non Kas/ 31 Desember/
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
Arus Kas/Cash flows Perubahan
31 Desember/ Non Kas/ 31 Desember /
December 31, Penerimaan/ Pembayaran/ Non-cash December 31,
2022 Receipts Disbursements changes 2023
Surat berharga yang diterbitkan 63.611.761 14.112.994 28.141.850 54.676 49.637.581 Marketable securities issued
Pinjaman yang diterima 79.371.200 31.573.410 (12.212.871) 119.074 98.850.813 Fund borrowings
Pinjaman dan surat berharga Subordinated loans and marketable
subordinasi 501.988 494.142 (500.000) 553 496.683 securities
Total 143.484.949 46.180.546 (40.854.721) 174.303 148.985.077 Total
396
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
52. REKLASIFIKASI 52. RECLASSIFICATION
Beberapa akun dalam Laporan Keuangan Several accounts in the Consolidated Financial
Konsolidasian pada tanggal 31 Desember 2023 dan Statements as of December 31, 2023 and 2022 and
2022 serta tahun yang berakhir pada for the year then ended have been reclassified so
tanggal-tanggal tersebut telah direklasifikasi that they are in accordance with the presentation of
sehingga sesuai dengan penyajian Laporan the Consolidated Financial Statements as of
Keuangan Konsolidasian pada tanggal December 31, 2024 and for the year then ended. A
31 Desember 2024 dan untuk tahun yang berakhir summary of these accounts are as follows:
pada tanggal tersebut. Ringkasan dari akun-akun
tersebut adalah sebagai berikut:
31 Desember/ December 31, 2023
Sebelum Setelah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Position
Kredit yang diberikan 1.197.752.706 14.825.380 1.212.578.086 Loans
Cadangan kerugian penurunan nilai (79.924.211) (2.000.191) (81.924.402) Allowance for impairment losses
Pinjaman syariah 13.668.220 32.269.476 45.937.696 Sharia loans
Cadangan kerugian penurunan nilai (1.093.762) (2.268.416) (3.362.178) Allowance for impairment losses
Piutang sewa pembiayaan 55.008.321 (47.094.856) 7.913.465 Finance lease receivables
Cadangan kerugian penurunan nilai (4.483.915) 4.268.607 (215.308) Allowance for impairment losses
Wesel Ekspor dan Tagihan Lainnya 53.895.404 234.693 54.130.097 Export Bills and Other Receivables
Aset Lain-lain - neto 53.376.453 (234.693) 53.141.760 Other Assets - net
Untuk tahun yang berakhir pada tanggal 31 Desember 2023/
For the year ended December 31, 2023
Sebelum Setelah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
Laporan Laba Rugi dan Penghasilan Statement of profit or Loss and
Komprehensif Lain Other Comprehensive Income
Pendapatan bunga 166.052.387 2.218.534 168.270.921 Interest Income
Provisi dan komisi lainnya 20.737.913 (2.218.534) 18.519.379 Other fees and commissions
Consolidated Statement of
Laporan Arus Kas Konsolidasian Cash Flow
Cash Flow
Arus Kas dari Kegiatan Operasi from Operating Activities
Penerimaan bunga dan investasi 169.068.778 2.218.534 171.287.312 Interest and investment income
Pendapatan operasional lainnya 29.267.943 (2.218.534) 27.049.409 Other operating income
Arus Kas sebelum Perubahan dalam Cash Flow before Changes in
Aset dan Liabilitas Operasi 96.610.971 - 96.610.971 Operating Assets and Liabilities
Perubahan dalam aset dan liabilitas Change in Operating Assets
operasi and Liabiities
Wesel ekspor dan tagihan lainnya (14.828.029) (187.653) (15.015.682) Export bills and other receivables
Kredit yang diberikan (152.128.249) 177.348 (151.950.901) Loans
Pinjaman syariah (3.335.688) (4.684.811) (8.019.499) Sharia loans
Piutang sewa pembiayaan (5.720.404) 4.506.463 (1.213.941) Finance lease receivables
Aset lain-lain (16.170.249) 187.653 (15.982.596) Other assests
Kas Neto yang Diperoleh dari Net Cash Provided by (Used in)
(digunakan untuk) kegiatan operasi (4.971.454) - 4.971.454 operating activities
397
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
52. REKLASIFIKASI (lanjutan) 52. RECLASSIFICATION (continued)
Beberapa akun dalam Laporan Keuangan Several accounts in the Consolidated Financial
Konsolidasian pada tanggal 31 Desember 2023 dan Statements as of December 31, 2023 and 2022 and
2022 serta tahun yang berakhir pada for the year then ended have been reclassified so
tanggal-tanggal tersebut telah direklasifikasi that they are in accordance with the presentation of
sehingga sesuai dengan penyajian Laporan the Consolidated Financial Statements as of
Keuangan Konsolidasian pada tanggal December 31, 2024 and for the year then ended.
31 Desember 2024 dan untuk tahun yang berakhir A summary of these accounts are as follows
pada tanggal tersebut. Ringkasan dari akun-akun (continued):
tersebut adalah sebagai berikut (lanjutan):
31 Desember/ December 31, 2022
Sebelum Setelah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Position
Kredit yang diberikan 1.079.274.819 15.002.728 1.094.277.547 Loans
Cadangan kerugian penurunan nilai (88.323.830) (2.387.618) (90.711.448) Allowance for impairment losses
Pinjaman syariah 10.514.329 27.585.665 38.099.994 Sharia loans
Cadangan kerugian penurunan nilai (1.286.203) (853.456) (2.139.659) Allowance for impairment losses
Piutang sewa pembiayaan 49.287.917 (42.588.393) 6.699.524 Finance lease receivable
Cadangan kerugian penurunan nilai (3.477.948) 3.241.074 (236.874) Allowance for impairment losses
Export Bills and Other
Wesel Ekspor dan Tagihan Lainnya 39.067.375 47.040 39.114.415 Receivables
Aset Lain-lain - neto 42.374.001 (47.040) 42.326.961 Other Assets - net
53. PENYELESAIAN LAPORAN KEUANGAN 53. 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 12 Februari 2025. issuance by the Board of Directors of BRI on
February 12, 2025.
54. INFORMASI KEUANGAN TERSENDIRI ENTITAS 54. 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 2024 dan laporan laba rugi financial position as of December 31, 2024 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 399 - 409. are presented on pages 399 - 409.
398
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31,
2024 2023*) 2022*)
ASET ASSETS
Kas 29.709.278 31.515.572 27.320.384 Cash
Giro pada Bank Indonesia Current accounts with Bank
88.387.143 101.388.737 149.961.985 Indonesia
Giro pada Bank Lain 24.731.569 21.669.212 20.449.914 Current accounts with Other Banks
Cadangan kerugian penurunan nilai (8.036) (9.815) (17.791) Allowance for impairment losses
24.723.533 21.659.397 20.432.123
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan Lembaga Keuangan Lain 56.011.183 63.886.042 68.259.629 and Other Financial Institutions
Cadangan kerugian penurunan nilai (259) (1.077) (990) Allowance for impairment losses
56.010.924 63.884.965 68.258.639
Efek-efek 295.987.483 305.475.916 309.070.065 Securities
Cadangan kerugian penurunan nilai (45.656) (65.374) (73.583) Allowance for impairment losses
295.941.827 305.410.542 308.996.482
Wesel Ekspor dan Tagihan Lainnya 40.656.822 54.130.097 39.114.415 Export Bills and Other Receivables
Cadangan kerugian penurunan nilai (1.075.559) (2.323.916) (1.638.929) Allowance for impairment losses
39.581.263 51.806.181 37.475.486
Efek-efek yang Dibeli dengan Janji Securities Purchased
Dijual Kembali 16.647.882 33.350.175 51.014.678 Under Agreement to Resell
Tagihan Derivatif 1.073.502 905.573 911.405 Derivative Receivables
Kredit yang Diberikan 1.215.847.233 1.146.082.506 1.029.802.549 Loans
Cadangan kerugian penurunan nilai (71.161.833) (77.009.890) (84.578.819) Allowance for impairment losses
1.144.685.400 1.069.072.616 945.223.730
Tagihan Akseptasi 10.105.373 10.217.408 7.096.719 Acceptance Receivable
Cadangan kerugian penurunan nilai (321.683) (249.698) (136.450) Allowance for impairment losses
9.783.690 9.967.710 6.960.269
Penyertaan Saham 50.241.445 49.254.757 47.936.173 Investment in Shares
Aset Tetap Premises and Equipment
Biaya perolehan 65.168.929 59.583.105 54.097.275 Cost
Akumulasi penyusutan (19.778.550) (16.550.584) (14.582.523) Accumulated Depreciation
Nilai buku - neto 45.390.379 43.032.521 39.514.752 Book value - net
Aset Pajak Tangguhan - neto 9.878.487 12.139.962 15.415.319 Deferred Tax Assets – net
Aset Lain-lain - neto 28.340.308 41.860.023 31.573.248 Other Assets - net
TOTAL ASET 1.840.395.061 1.835.248.731 1.750.994.673 TOTAL ASSETS
*) Setelah Reklasifikasi *) After Reclassification
399
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31,
2024 2023*) 2022*)
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas Segera 32.388.387 26.106.970 18.988.424 Liabilities Due Immediately
Simpanan Nasabah Deposits from Customer
Giro 375.906.469 346.654.593 349.491.946 Demand Deposits
Tabungan 542.666.796 526.514.556 521.039.799 Saving Deposits
Deposito Berjangka 441.561.126 479.513.851 430.243.873 Time Deposits
Total Simpanan Nasabah 1.360.134.391 1.352.683.000 1.300.775.618 Total Deposits from Customers
Simpanan dari Bank Lain dan Lembaga Deposits from Other Banks and
Keuangan Lainnya 14.434.237 12.066.959 9.480.779 Financial Institutions
Efek-efek yang Dijual dengan Janji Securities Sold Under Agreement
Dibeli Kembali 24.753.034 19.079.458 9.724.245 To Repurchase
Liabilitas Derivatif 1.585.120 918.194 783.921 Derivative Payables
Liabilitas Akseptasi 10.105.373 10.217.408 7.096.719 Acceptances Payable
Utang Pajak 1.356.119 1.481.949 1.814.219 Taxes Payable
Surat Berharga yang Diterbitkan 17.060.073 30.239.610 36.841.620 Marketable Securities Issued
Pinjaman yang Diterima 49.549.381 41.650.054 38.803.987 Fund Borrowings
Estimasi Kerugian Komitmen Estimated Losses on Commitments
dan Kontinjensi 2.550.390 6.116.888 6.456.606 and Contingencies
Liabilitas Imbalan Kerja 16.214.173 18.880.915 17.419.000 Liabilities for Employee Benefits
Liabilitas Lain-lain 10.399.654 16.573.484 8.685.593 Other Liabilities
Pinjaman dan Surat Berharga Subordinated Loans and
Subordinasi 491.781 496.683 501.988 Marketable Securities
TOTAL LIABILITAS 1.541.022.113 1.536.511.572 1.457.372.719 TOTAL LIABILITIES
*) Setelah Reklasifikasi *) After Reclassification
400
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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/ December 31,
2024 2023*) 2022*)
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 Rupiah) per share
Modal dasar - 300.000.000.000 lembar Authorized capital –
saham (terdiri dari 1 lembar saham 300,000,000,000 shares
Seri A Dwiwarna dan (consisting of 1 Series A
299.999.999.999 lembar Dwiwarna Share and
saham Seri B) 299,999,999,999
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 saham (consisting of 1 Series A
Seri A Dwiwarna dan Dwiwarna share and
151.559.001.603 151,559,001,603
lembar saham Seri B) 7.577.950 7.577.950 7.577.950 Series B shares)
Tambahan modal disetor 76.273.050 76.245.954 76.029.910 Additional paid-in capital
Revaluation surplus arising from
Premises and equipment
Surplus revaluasi aset tetap - bersih 19.846.113 19.848.571 19.848.571 - net of tax
Differences arising from the
Selisih kurs karena penjabaran laporan translation of foreign currency
keuangan dalam mata uang asing (206.054) (253.585) (128.611) financial statements
Kerugian yang belum direalisasi atas efek-efek Unrealized loss on fair value through
yang diklasifikasikan sebagai nilai wajar other comprehensive income
melalui penghasilan komprehensif lain – bersih (2.319.628) (2.460.750) (4.463.331) 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 55.173 120.722 137.288 comprehensive income security
Kerugian pengukuran kembali program Loss on remeasurement of defined
imbalan pasti – bersih (220.051) (1.951.615) (691.307) benefit plan - net of deferred tax
Modal saham diperoleh kembali (saham treasuri) (4.349.007) (3.614.321) (2.202.178) Treasury stock
Opsi Saham 313.404 54.769 16.297 Stock option
Provision for bonus shares
Cadangan kompensasi atas saham bonus 452.031 287.482 210.266 compensation
Saldo laba Retained earnings
Telah ditentukan penggunaannya 3.022.685 3.022.685 3.022.685 Appropriated
Belum ditentukan penggunaannya 198.927.282 199.859.297 194.264.414 Unappropriated
Total Saldo Laba 201.949.967 202.881.982 197.287.099 Total retained earnings
TOTAL EKUITAS 299.372.948 298.737.159 293.621.954 TOTAL EQUITY
TOTAL LIABILITAS DAN EKUITAS 1.840.395.061 1.835.248.731 1.750.994.673 TOTAL LIABILITIES AND EQUITY
*) Setelah Reklasifikasi *) After Reclassification
401
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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,
2024 2023*)
PENDAPATAN DAN INCOME AND EXPENSES
BEBAN OPERASIONAL FROM OPERATIONS
Pendapatan bunga 162.229.379 149.136.376 Interest income
Beban bunga (51.180.468) (38.484.029) Interest expense
Pendapatan bunga - neto 111.048.911 110.652.347 Total interest income - net
Pendapatan operasional lainnya Other operating income
Provisi dan komisi lainnya 20.407.827 18.073.650 Other fees and commissions
Penerimaan kembali aset yang telah Recovery of written-off assets
dihapusbukukan dan klaim asuransi 24.172.977 16.275.168 and insurance claim
Keuntungan transaksi mata uang asing - neto 1.114.871 428.531 Gain on foreign exchange - net
Keuntungan dari penjualan efek-efek - neto 2.000.524 1.792.940 Gain on sale of securities - net
Keuntungan yang belum direalisasi dari Unrealized gain on changes in
perubahan nilai wajar efek-efek 154.220 89.152 fair value on securities
Lain-lain 5.657.896 3.850.285 Others
Total pendapatan operasional lainnya 53.508.315 40.509.726 Total other operating income
Beban penyisihan kerugian penurunan nilai Provision for allowance for impairment
atas aset keuangan - neto (36.733.212) (26.860.060) losses on financial assets - net
Beban penyisihan estimasi Reversal of allowance for estimated
kerugian komitmen dan losses on commitments and
kontinjensi - neto 3.593.889 340.065 contingencies - net
Beban penyisihan kerugian penurunan Provision for allowance for impairment
nilai atas aset non-keuangan (399) (177) losses on non-financial assets
Beban Operasional lainnya Other operating expenses
Tenaga kerja dan tunjangan (26.842.452) (26.519.496) Salaries and employee benefits
Umum dan administrasi (21.629.061) (21.019.914) General and administrative
Lain-lain (12.782.588) (9.506.374) Others
Total Beban Operasional lainnya (61.254.101) (57.045.784) Total other operating expenses
LABA OPERASIONAL 70.163.403 67.596.117 OPERATING INCOME
BEBAN NON- OPERASIONAL NON-OPERATING EXPENSES
- NETO (1.053.112) (523.967) INCOME - NET
LABA SEBELUM BEBAN PAJAK 69.110.291 67.072.150 INCOME BEFORE TAX EXPENSE
BEBAN PAJAK (14.268.823) (13.918.892) TAX EXPENSE
LABA BERSIH 54.841.468 53.153.258 NET INCOME
*) Setelah Reklasifikasi *) After Reclassification
402
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 2024 dan untuk As of December 31, 2024
Tahun yang Berakhir pada Tanggal Tersebut and for the Year 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,
2024 2023*)
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 2.137.733 (1.555.936) 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 (406.169) 295.628 profit or loss
Surplus atas revaluasi aset tetap (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 47.531 (124.974) financial statements
Keuntungan (kerugian) yang belum direalisasi Unrealized gain (loss) on
atas efek-efek yang diklasifikasikan fair value through other
sebagai nilai wajar melalui penghasilan comprehensive income
komprehensif lain - neto 81.580 2.472.322 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) (16.566) income securities
Pajak penghasilan Income taxes
terkait akun-akun yang akan related to items to be
direklasifikasi ke laba rugi 59.542 (469.741) reclassified to profit or loss
Penghasilan Komprehensif Lain Other comprehensive income
Tahun Berjalan - Setelah Pajak 1.852.210 600.733 for the year - after tax
TOTAL PENGHASILAN KOMPREHENSIF TOTAL COMPREHENSIVE INCOME
TAHUN BERJALAN 56.693.678 53.753.991 FOR THE YEAR
LABA TAHUN BERJALAN PER SAHAM EARNINGS PER SHARE
Dasar (dalam Rupiah penuh) 364 352 Basic (full Rupiah)
Dilusian (dalam Rupiah penuh) 364 352 Diluted (full Rupiah)
*) Setelah Reklasifikasi *) After Reclassification
403
Page 1251
The original consolidated financial statements included herein are in 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 2024 dan untuk As of December 31, 2024 and
Tahun yang Berakhir pada Tanggal Tersebut for the Year 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 – 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 2022 7.577.950 76.029.910 137.288 (128.611) (4.463.331) (691.307) (2.202.178) 226.563 19.848.571 3.022.685 194.264.414 293.621.954 December 31, 2022
Laba tahun berjalan - - - - - - - - - - 53.153.258 53.153.258 Income for the year
Penghasilan komprehensif Other comprehensive
lainnya - - (16.566) (124.974) 2.002.581 (1.260.308) - - - - - 600.733 income
Total penghasilan komprehensif Total other comprehensive income
untuk tahun berjalan - - (16.566) (124.974) 2.002.581 (1.260.308) - - - - 53.153.258 53.753.991 for the year
Pembagian laba Distribution of net income
- dividen atas laba - Dividend on net income
tahun 2022 - - - - - - - - - - (34.891.943) (34.891.943) for the year 2022
- dividen interim atas laba - Interim dividend on net income
tahun 2023 - - - - - - - - - - (12.666.432) (12.666.432) for the year 2023
Opsi saham - - - - - - - 38.472 - - - 38.472 Stock option
Saham bonus - 216.044 - - - - 31.305 77.216 - - - 324.565 Bonus shares
Saham treasuri - - - - - - (1.443.448) - - - - (1.443.448) Treasury stock
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
404
Page 1252
The original consolidated financial statements included herein are in 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 2024 dan untuk As of December 31, 2024 and
Tahun yang Berakhir pada Tanggal Tersebut for the Year 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 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 periode 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 year 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
405
Page 1253
The original consolidated financial statements included herein
are in Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024 and
Tahun yang Berakhir pada Tanggal Tersebut for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN ARUS KAS - ENTITAS INDUK STATEMENT OF CASH FLOWS - PARENT ENTITY
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023*)
ARUS KAS DARI KEGIATAN CASH FLOWS FROM OPERATING
OPERASI ACTIVITIES
Penerimaan bunga 168.088.916 151.665.517 Interest received
Pembayaran bunga (51.166.915) (38.291.956) Interest paid
Penerimaan kembali aset yang telah
dihapusbukukan 24.172.977 16.275.168 Recovery of written-off assets
Pendapatan operasional lainnya 26.492.773 23.982.106 Other operating income
Beban operasional lainnya (41.204.974) (43.435.228) Other operating expense
Beban non-operasional - neto (1.136.798) (641.374) Non operating (expenses) income - net
Pembayaran pajak penghasilan badan
dan tagihan pajak (11.331.957) (13.239.274) Payment of corporate income tax
Arus kas sebelum perubahan Cash flows before changes in
dalam aset dan liabilitas operasi 113.914.022 96.314.959 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 1.332.711 (885.657) and other Financial Institutions
Efek-efek yang diukur pada nilai Securities at fair value
wajar melalui laporan laba rugi 251.890 (24.024) through profit or loss
Wesel ekspor dan tagihan lainnya 13.473.275 (15.015.682) Export bills and other receivables
Efek-efek yang dibeli dengan janji Securities purchased under
dijual kembali 16.702.293 17.664.503 agreement to resell
Kredit yang diberikan (111.711.585) (149.370.377) Loans
Aset lain-lain (1.591.190) (8.851.616) Other assets
Penurunan Decrease in
liabilitas operasi: operating liabilities:
Liabilitas segera (16.300.026) (7.348.880) Liabilities due immediately
Simpanan: Deposits:
Giro 29.251.876 (2.837.353) Demand deposits
Tabungan 16.152.240 5.474.757 Saving deposits
Deposito berjangka (37.952.725) 49.269.978 Time deposits
Simpanan dari bank lain dan lembaga Deposits from other banks and
keuangan lainnya 2.367.278 2.586.180 financial institutions
Efek-efek yang dijual dengan janji Securities sold under agreement
dibeli kembali 5.673.576 9.355.213 to repurchase
Liabilitas lain-lain (1.202.872) 5.076.952 Other liabilities
Kas neto yang diperoleh dari Net cash provided by
kegiatan operasi 30.360.763 1.408.953 operating activities
*) Setelah Reklasifikasi *) After Reclassification
406
Page 1254
The original consolidated financial statements included herein
are in Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024 and
Tahun yang Berakhir pada Tanggal Tersebut for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN ARUS KAS - ENTITAS INDUK (lanjutan) STATEMENT OF CASH FLOWS - PARENT ENTITY
(continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023*)
ARUS KAS DARI CASH FLOWS FROM
KEGIATAN INVESTASI INVESTING ACTIVITIES
Penerimaan dividen 2.706.448 160.637 Proceeds from dividend
Perolehan aset tetap (6.346.941) (6.767.307) Acquisition of premises and equipment
Proceeds from sale of premises
Hasil penjualan aset tetap 83.686 117.407 and equipment
Penambahan penyertaan saham (20.000) (500.000) 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 13.162.178 5.749.949 amortized cost securities
Kas neto yang diperoleh dari Net cash provided by(used in)
(digunakan untuk) kegiatan investasi 9.585.371 (1.239.314) investing activities
ARUS KAS DARI KEGIATAN CASH FLOWS FROM FINANCING
PENDANAAN ACTIVITIES
Penerimaan pinjaman yang diterima 13.643.801 7.929.634 Proceed from fund borrowing
Pembayaran pinjaman yang diterima (5.623.398) (5.168.396) Payment of fund borrowing
Saham yang dibeli kembali (875.758) (1.443.448) Treasury stock
Penambahan Modal - - Additional paid-in-capital
Pembagian laba untuk dividen (48.102.283) (43.494.766) Distribution of income for dividend
Penerimaan atas surat berharga yang Proceeds of marketable securities
diterbitkan 2.550.862 6.059.485 issued
Pembayaran atas surat berharga yang Payments of matured marketable
jatuh tempo (15.974.542) (12.307.750) securities issued
Penerimaan pinjaman subordinasi - 494.142 Proceeds of subordinated loans
Pembayaran pinjaman subordinasi - (500.000) Payment of subordinated loans
Kas neto yang digunakan untuk Net cash used in
kegiatan pendanaan (54.381.318) (48.431.099) financing activities
PENURUNAN NETO KAS DECREASE IN CASH
DAN SETARA KAS (14.435.184) (48.261.460) AND CASH EQUIVALENTS
EFFECT OF EXCHANGE
PENGARUH PERUBAHAN KURS RATE CHANGES ON
MATA UANG ASING 18.103 (2.663) FOREIGN CURRENCIES
CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AWAL TAHUN 215.700.014 263.964.137 THE BEGINNING OF THE YEAR
CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AKHIR TAHUN 201.282.933 215.700.014 THE END OF THE YEAR
*) Setelah Reklasifikasi *) After Reclassification
407
Page 1255
The original consolidated financial statements included herein
are in Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024 and
Tahun yang Berakhir pada Tanggal Tersebut for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
LAPORAN ARUS KAS - ENTITAS INDUK (lanjutan) STATEMENT OF CASH FLOWS - PARENT ENTITY
(continued)
Tahun yang berakhir
pada tanggal 31 Desember/
Year ended December 31,
2024 2023*)
Kas dan Setara Kas Cash and cash equivalents at
akhir tahun terdiri dari: the end of the year consist of:
Kas 29.709.278 31.515.572 Cash
Giro pada Bank Indonesia 88.387.143 101.388.737 Current accounts with Bank Indonesia
Giro pada bank lain 24.731.569 21.669.212 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 54.431.193 60.972.523 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 4.023.750 153.970 the acquisition date
Total Kas dan Setara Kas 201.282.933 215.700.014 Total Cash and Cash Equivalent
*) Setelah Reklasifikasi After Reclassification *)
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 2024 dan 2023, As of December 31, 2024 and 2023, the parent entity has
entitas induk memiliki penyertaan saham pada entitas investment in subsidiaries as follows:
anak yang disajikan dengan metode biaya sebagai
berikut:
31 Desember 2024/ 31 Desember 2023/
December 31, 2024 December 31, 2023
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)
408
Page 1256
The original consolidated financial statements included herein
are in Indonesian language.
PT BANK RAKYAT INDONESIA (Persero) Tbk PT BANK RAKYAT INDONESIA (Persero) Tbk
DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Tanggal 31 Desember 2024 dan untuk As of December 31, 2024 and
Tahun yang Berakhir pada Tanggal Tersebut for the Year Then Ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
REKLASIFIKASI RECLASSIFICATION
Beberapa akun dalam informasi keuangan tersendiri Several accounts in the The Parent Entity’s separate
Entitas Induk per tanggal 31 Desember 2023 dan 2022 financial information as of December 31, 2023 and 2022
dan untuk tahun yang berakhir pada tanggal-tanggal and for the year then ended, respectively have been
tersebut telah direklasifikasi sehingga sesuai dengan reclassified so that they are in accordance with the
penyajian informasi keuangan tersendiri Entitas Induk presentation of The Parent Entity’s separate financial
pada tanggal 31 Desember 2024 dan untuk tahun yang information as of December 31, 2024 and for the year
berakhir pada tanggal tersebut. Ringkasan dari akun- then ended. A summary of these accounts are as follows:
akun tersebut adalah sebagai berikut:
31 Desember/ December 31, 2023
Sebelum Setelah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
Laporan Posisi Keuangan Statement of Financial Position
Wesel ekspor dan tagihan lainnya 53.895.404 234.693 54.130.097 Export bills and other receivables
Aset Lain-lain - neto 42.094.716 (234.693) 41.860.023 Other Assets - net
Untuk tahun yang berakhir pada tanggal 31 Desember/
For the year ended December 31, 2023
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
Pendapatan bunga 146.917.842 2.218.534 149.136.376 Interest Income
Provisi dan komisi lainnya 20.292.184 (2.218.534) 18.073.650 Other fees and commissions
Laporan Arus Kas Statement of Cash Flow
Arus Kas dari Kegiatan Operasi Cash Flow from Operating Activities
Penerimaan bunga dan investasi 149.446.983 2.218.534 151.665.617 Interest and investment income
Pendapatan operasional lainnya 26.200.640 (2.218.534) 23.982.106 Other Operating Income
Perubahan dalam aset dan liabilitas Change in operating assets
Operasi and liabiities
Export bills and
Wesel ekspor dan tagihan lainnya (14.828.029) (187.653) (15.015.682) other receivables
Aset lain-lain (9.039.269) 187.653 (8.851.616) Other Assests
31 Desember/ December 31, 2022
Sebelum Setelah
Reklasifikasi/ Reklasifikasi/
Before Reklasifikasi/ After
Reclassification Reclassification Reclassification
Laporan Posisi Keuangan Statement of Financial Position
Wesel ekspor dan tagihan lainnya 39.067.375 47.040 39.114.415 Export bills and other receivables
Aset lain-lain - neto 31.620.288 (47.040) 31.573.248 Other Assets - net
409
Page 1257
Annual Report
2024
PT Bank Rakyat Indonesia (Persero) Tbk.
Head Office
Jl Jend Sudirman Kav 44-46
Jakarta 10210
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. Jenderal Sudirman No. 44-46
Jakarta 10210, Indonesia
Tel. : (62-21) 575 1966
Fax. : (62-21) 570 0916
Names mentioned 163 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank BRI
p.3 ×14
unresolved
org
PT AgenBRILink
p.5
unresolved
org
Bank Soundness Level
p.9 ×2
unresolved
—
Disputes
p.10
unresolved
org
Prevention of Insider Trading
p.10
unresolved
org
Procurement of Goods and Services
p.10
unresolved
—
Organs and Committees Under
p.10
unresolved
—
Bad Corporate Governance Practices
p.10
unresolved
—
Authority (OJK) Index
p.10
unresolved
org
BRI Global Financial Services Co. Ltd.
p.11 ×2
unresolved
org
PT Asuransi BRI Life (BRI Life)
p.11
unresolved
org
PT Asuransi BRI Life
p.11 ×6
unresolved
org
PT BRI Multifinance Indonesia (BRI Finance)
p.11
unresolved
org
PT BRI Multi
p.11 ×3
unresolved
org
PT BRI Danareksa Sekuritas (BRI DS)
p.11
unresolved
org
PT BRI Danareksa Sekuritas
p.11 ×6
unresolved
org
PT BRI Ventura Investama (BRI Ventures)
p.11
unresolved
org
PT BRI Ventura Investama
p.11 ×5
unresolved
org
PT BRI Asuransi Indonesia (BRI Insurance)
p.11
unresolved
org
PT BRI Asuransi Indonesia
p.11 ×5
unresolved
org
PT BRI Manajemen Investasi (BRI MI)
p.11
unresolved
org
PT BRI Manajemen Investasi
p.11 ×3
unresolved
org
PT Bahana Artha Ventura
p.11
unresolved
org
PT Kustodian Sentral Efek AFFILIATE
p.11
unresolved
—
AFFILIATE
p.11
unresolved
org
PT Pemeringkat
p.11
unresolved
org
PT Pemeringkat Efek Indonesia
p.11 ×2
unresolved
org
Indonesia Stock Exchange
p.12 ×3
unresolved
org
Bank Koperasi Tani Nelayan
p.12 ×2
unresolved
org
Bank Jasa Artha
p.12
unresolved
org
PT Bank BRISyariah.
p.12
unresolved
org
Bank Agroniaga Tbk
p.12 ×5
unresolved
org
PT Asuransi Jiwa BRIngin Jiwa Sejahtera
p.12 ×2
unresolved
org
BRIngin Remittance Co. Ltd.
p.12
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
p.15
unresolved
org
Bank Indonesia
p.22 ×17
unresolved
org
PT Asuransi BRI Life Assets
p.29
unresolved
org
PT BRI Danareksa Sekuritas Assets
p.30
unresolved
org
PT BRI Ventura Investama Assets
p.30
unresolved
org
PT BRI Asuransi Indonesia Assets
p.30
unresolved
org
PT Permodalan Nasional Madani Assets
p.30
unresolved
org
PT Pegadaian Assets
p.30
unresolved
org
Bank BRI Phase I Year
p.34 ×2
unresolved
org
Bank BRI Phase II Year
p.34
unresolved
org
Bank BRI Phase III Year
p.34
unresolved
org
Bank BRI Phase IV Year
p.34
unresolved
org
Bank BRI Phase I
p.34 ×2
unresolved
org
Bank BRI Subordinated Bond IV Year
p.34
unresolved
org
Bank BRI Phase II
p.34 ×3
unresolved
org
Bank BRI Phase III
p.34 ×3
unresolved
org
Bank Tabungan
p.35 ×7
unresolved
org
Bank Deposits
p.37
unresolved
org
Minister of Manpower Ida Fauziyah
p.40
unresolved
org
Bank Supporting Rupiah Monetary Operation
p.41
unresolved
org
Bank Indonesia’s
p.47 ×2
unresolved
org
Ministry of Law
p.50
unresolved
org
Ministry of State-Owned
p.51 ×2
unresolved
org
Bank Business Groups
p.54
unresolved
org
Financial Services Authority
p.54 ×7
unresolved
person
Institutional Business
· President Director
p.55 ×2
unresolved
org
Bank BRI Economist Team
p.58
unresolved
org
PT BRI (Persero)
p.61 ×7
unresolved
org
Bank Soundness Rating
p.63
unresolved
org
PT PTBank BankRakyat RakyatIndonesia Indonesia(Persero)
p.74 ×2
unresolved
person
Dr. Kusuma Atmaja
p.77
unresolved
org
Minister of Justice
p.80
unresolved
person
Notary Imas Fatimah
p.80 ×3
unresolved
person
Human Rights Notary Muhani Salim
p.80
unresolved
org
Bank Indonesia Decree
p.80
unresolved
org
Bapepam-LK
p.81 ×2
unresolved
org
Minister of Law and Human Rights
p.81 ×4
unresolved
person
Notary Fathiah Helmi
p.81 ×4
unresolved
org
Government of the Republic of Indonesia
p.81
unresolved
org
Persero Limited
p.82
unresolved
org
Bank Indonesia Certificates
p.87
unresolved
org
PT Bank Rakyat Indonesia Third Party
p.90
unresolved
org
PT MNC Life Assurance
p.94
unresolved
org
PT Asuransi Jiwa Sequis Life
p.94
unresolved
org
Bank Indonesia Fast Payment
p.95
unresolved
org
Bank Administrator
p.96
unresolved
—
Shareholders are individual or legal entity as a legitimate owner
p.480
unresolved
—
Shareholders do not intervene with
p.480
unresolved
—
function, duties, and authorities
p.480
unresolved
—
1. Series A Dwiwarna
p.480
unresolved
—
is non-transferable to any party.
p.480
unresolved
—
and/or the public.
p.480
unresolved
org
b. Approval of changes in capital.
p.480
unresolved
—
d. Approval on merger, consolidation, expropriation,
p.480
unresolved
—
separation and dissolution.
p.480
unresolved
org
f. Approval of the transfer of assets based on this Articles
p.480
unresolved
—
Association requires the approval of the GMS.
p.480 ×2
unresolved
—
g. Approval regarding participation and reduction in
p.480
unresolved
—
percentage of equity participation in other companies.
p.480
unresolved
—
h. Approval of the use of profits.
p.480
unresolved
org
i. Approval regarding investment and long-term financing
p.480
unresolved
—
2. The right to nominate members
p.480
unresolved
org
Indonesia Tbk
p.873
unresolved
org
BRI Global Financial Services Financial Services Co. Ltd.
p.873
unresolved
org
Co. Ltd
p.873
unresolved
org
PT BRI Multifinance
p.873
unresolved
org
PT BRI Multifinance Indonesia
p.873 ×3
unresolved
org
PT BRI Indonesia
p.873
unresolved
org
PT BRI Ventura
p.873
unresolved
org
PT BRI Asuransi
p.873
unresolved
org
PT BRI Manajemen
p.873
unresolved
org
PT BRI Manajemen Investasi. Investasi.
p.873
unresolved
org
Rakyat Indonesia (Persero) Tbk.
p.875
unresolved
org
Bank Agro
p.875 ×5
unresolved
org
Bank Agro’s
p.875 ×2
unresolved
person
Rusnaldy
p.875
unresolved
person
Akta Notaris Fathiah Helmi
p.1120 ×10
unresolved
org
Menteri Badan Usaha Milik
p.1123
unresolved
org
Minister of State-Negara
p.1123
unresolved
org
Menteri BUMN
p.1123
unresolved
org
PT BRI Ventura Investama Entitas
p.1123
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