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Page 1
FULL YEAR 2024 PUBLIC EXPOSE PT Bank Rakyat Indonesia (PERSERO) Tbk.
Page 2
MACRO ECONOMIC METRICS
Recent Monetary Easing & Higher Fiscal Deficit Could Stimulate the Economy in 2025…
Quarterly GDP Growth (% YoY) Foreign Reserves & IDR/USD
International Foreign Reserve (USD Bn) USD/IDR
5.18 4.96 5.03 5.01 5.04 5.05 17,000 175.0
16,132
16,000
15,573 15,399
165.0
14,390 14,120
15,000
14,263
13,866 155.7
155.0
14,000 146.4
-2.17 144.9 145.0
13,000 135.9 137.2
129.2 135.0
12,000
120.7
11,000
125.0
10,000 115.0
2018 2019 2020 2021 2022 2023 2024 2018 2019 2020 2021 2022 2023 2024
Inflation Trend (YoY %) Business Index: MSME vs Wholesale, MA (4)
Headline Core Administered Price Volatile Items Wholesale Business Activity Index MSME Business Activity Index - Adjusted
20.0
14.9 14.5
12.4
15.0
10.6
13.01 8.7
10.0
5.0
6.73
5.7 5.9 5.1 4.4
4.2
0.0
5.02 1.7
4.32 -5.0
-10.3
3.13 3.05 5.51
1.682.41
-10.0
3.02 2.811.8 2.26
3.07 1.6 1.87 -15.0
3.07 2.72 1.56 3.36 1.57 -20.0
1.69 1.72 0.56
1.08 0.12 -25.0 -19.0
0.56
-30.0
2018 2019 2020 2021 2022 2023 2024 1Q20 1Q21 1Q22 1Q23 1Q24 4Q24
2
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MACRO ECONOMIC METRICS
…Yet, Indonesia Has Experienced Weakness At The Middle Lower Segment
Indonesia GDP Distribution (% Comp) Upper Segment Purchasing Power Index
Household Cons. Government Exp. Investment Net Export & Others 2.0
0.08 0.57
1.0%
1.0
0.17 0.37
2.1% 1.1% 1.2% 2.6% 2.9% 2.2% 5.6% 0.10
11.3% 10.2% 9.1%
0.0
32.5% 32.8% 32.6% 32.2% 32.3% 32.3% 31.7%
30.8% 29.1% -0.01
29.1% 29.2% -1.0
-0.27 -0.18
-0.74 -0.53
9.4% 9.7% 9.5% 9.1% 9.0% 8.8% 9.7% 9.2% 7.7% 7.5% 7.7% -2.0
-3.0
56.0% 56.3% 56.7% 56.1% 55.8% 56.6% 57.6% 54.4% 51.9% 53.2% 54.0%
-4.0
-3.39
-5.0
Z-Score Index
-6.0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Indonesia GDP Component Growth (% YoY) Middle-Lower Segment Purchasing Power Index
Investment Government Exp. Household Cons. 2.0
6.68
5.15 6.15 6.61 0.56 0.42
5.01 4.82
1.0
0.31
5.01 5.05 5.04 4.94 0.04
4.45 4.47 -0.27 -0.23
3.80 4.94 0.0
5.31 4.45 -0.16
4.94 4.82 4.61 -0.17
4.25 3.87 3.76 -1.0
-0.45
4.96
3.27 -0.86
3.02 -2.0
2.12 2.12 2.01
1.16 -3.0 -3.61
-0.14
-4.0
-2.63 -5.0
Z-Score Index
-4.96 -4.42 -6.0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Upper & Middle-Lower Segment Purchasing Power Index is calculated using z-score based on a set of each segment’s purchasing power indicators with mean & standard deviation from Jan’16 – Dec’18. 3
Page 4
KEY FINANCIAL HIGHLIGHTS
Profitability Maintained Despite Elevated Credit Cost
Consolidated
Description
4Q24 vs
2024 2023 4Q24 3Q24 4Q23 gYoY
3Q24
Total Loan & Financing (Rp Bn) 1,354,641 1,266,429 1,354,641 1,353,356 1,266,429 0.1% 7.0%
Micro/ Total Loans 46.3% 48.3% 46.3% 46.4% 48.3% -0.1% -1.9%
Pre-Provision Operating Profit (Rp Bn) 116,752 106,508 29,243 30,467 27,328 -4.0% 9.6%
NIM 7.74% 8.15% 7.44% 7.99% 8.25% -0.5% -0.4%
Total CAR 26.63% 27.27% 26.63% 26.76% 27.27% -0.1% -0.6%
CASA % 67.30% 64.35% 67.30% 64.17% 64.35% 3.1% 3.0%
Cost to Income Ratio (CIR) 41.59% 41.89% 42.42% 41.86% 43.58% 0.6% -0.3%
NPL (Gross) 2.78% 2.95% 2.78% 2.90% 2.95% -0.1% -0.2%
Credit Cost 3.23% 2.37% 2.76% 3.23% 2.19%
-0.5% 0.9%
Net Credit Cost 1.32% 0.98% 0.54% 0.93% 0.33%
ROA After Tax 3.06% 3.30% 3.07% 3.15% 3.39% -0.1% -0.2%
ROE B/S 19.01% 19.80% 18.45% 19.17% 20.40% -0.7% -0.8%
Leverage 6.2 6.2 6.2 6.0 6.2 0.2 -4.3%
Net Profit (Rp Bn) 60,644 60,425 15,281 15,466 16,211 -1.2% 0.4%
PATMI (Rp Bn) 60,155 60,100 15,090 15,363 16,103 -1.8% 0.1%
In compliance with OJK regulations, our calculation of consolidated financial ratios moved to monthly from quarterly starting in Jan-24. All calculations for 2024 and 2023 are adjusted for monthly data.
We reclassified fee-based income from Supply Chain Financing into Net Interest Income (Non-Loan) of Rp 2.4 tn in FY24 and Rp 2.2 tn in FY23. All FY24 and FY23 is adjusted to reflect this change. 4
Page 5
STRENGTHS AND CHALLENGES
Key Strengths Key Challenges
❑ Provision Expense Improving in 4Q24 ❑ Cost of Credit Will Remain Above Historical Average in 2025
• Provision expenses improved as the CoC in 4Q was 2.76% as • Gross cost of credit at FY24 was 3.23%, improving from 3.39% in 9M24, but
adjustments and lower net downgrades supported lower loan provisions. above our 3% FY24 target. Drivers of the higher CoC were (1) Elevated net
Micro Net downgrades to NPL improved 9.7% QoQ to Rp4.9Tn from downgrades in Micro lending, (2) Delayed Modification Loss impact from
Rp5.4Tn in the prior quarter. Corporate Client Restructuring scheme and (3) Slower loan growth than
guidance at 7% YoY.
• Non loan provisions reversed Rp731.0Bn helping to bring the total
provision expense down by 20.6% QoQ to Rp8.7Tn. Recovery income • On a positive note, adjusting for the provision overlay, our bank only cost of
remains elevated at Rp7.5Tn, supporting FY24 recoveries of Rp25.4Tn credit at FY24 was 2.93% and our 4Q24 cost of credit was 2.76%. More
and a Net CoC of only 0.54% in 4Q24. importantly, due to strong recoveries, the net cost of credit in 4Q24 decreased
QoQ to 0.54% from 0.93% in 3Q24.
• Tightening of lending criteria led to Consolidated Micro loan growth
slowing to 2.7% YoY, compared to 10.9% in FY23, and most recent • BRI maintains ample NPL Coverage at 215% and our Loan Loss Reserve is
vintage analysis reflects improved 2024 performance. 5.98%, well above the pre-covid level of below 4.5%. We anticipate
consolidated gross CoC for FY25 to be 3% - 3.2% primarily due to micro
❑ 4Q24 PPOP Supported by Premium Income and Higher portfolio provisions.
Subsidiaries Contribution
• PPOP was supported by strong Net Premium Income growth QoQ, ❑ Peers’ LDR Might Pose a Challenge
while Recovery income was slightly lower by 2.71% QoQ in 4Q24 • As of most recent data, two of our main peers have LDRs above 90% which
could challenge funding costs in FY25. CoF at FY24 was 3.7%, stable on a
• Efficient liabilities management resulted in a stable COF of 3.7% with QoQ basis. We are seeing the macro situation impact our customer base as
Dec-24 exit COF of 3.48% as we increased CASA to 67.3% and LDR micro savings growth was only 1.65% YoY. However, the decrease of the BI
strategically managed 88.85%. rate, SRBI issuance and yields in early 2025 could signal the start of a
monetary easing cycle that could improve liquidity.
• Opex remains well controlled as it declined by 1.81% QoQ and CIR is
standing at 41.59% in FY24, in line with our guidance for 2024. • CASA increased by 313bps to 67.3% at FY24 compared to 3Q24, following
the liabilities optimization strategy. Time deposit balances decrease by 8.5%
• Subsidiaries continued to become larger part of our loan book as PNM QoQ. We are hopeful that government policies and a conducive economy can
and Pegadaian contributed 10% of our total loan and 20% of our NII support savings account expansion in FY25.
5
Page 6
BALANCE SHEET
Strong CASA Increase QoQ to 67.3%, LDR Declined to 88.9%
(Rp Bn)
Items 2024 9M24 2023 g QoQ g YoY 2022 2021 2020
Cash and Cash Equivalent 118,663 91,238 133,513 30.1% -11.1% 178,343 82,727 83,806
Total Earning Assets: 1,841,405 1,829,629 1,791,006 0.6% 2.8% 1,665,968 1,588,914 1,511,922
- Placement with BI & Other Banks 83,457 108,716 87,557 -23.2% -4.7% 91,890 73,048 80,118
- Receivables (Acceptance & Others) 51,849 54,719 65,024 -5.2% -20.3% 47,146 39,949 35,967
- Loans & Financing 1,354,641 1,353,356 1,266,429 0.1% 7.0% 1,139,077 1,042,867 1,020,193
- Gov't Bonds & Marketable Securities 343,381 305,123 364,687 12.5% -5.8% 381,339 426,964 374,124
- Other Earning Assets 8,077 7,715 7,308 4.7% 10.5% 6,515 6,086 1,520
Earning Asset Provision: (82,529) (86,092) (88,172) -4.1% -6.4% (94,975) (89,821) (72,747)
- Loans and Financing Provisions (81,064) (84,504) (85,502) -4.1% -5.2% (93,088) (87,829) (70,395)
- Other Provisions (1,465) (1,588) (2,670) -7.7% -45.1% (1,887) (1,991) (2,353)
Fixed & Non-Earning Assets 115,444 127,141 128,660 -9.2% -10.3% 116,303 96,278 87,085
Total Assets 1,992,983 1,961,916 1,965,007 1.6% 1.4% 1,865,639 1,678,098 1,610,065
Third Party Funds : 1,365,450 1,362,419 1,358,329 0.2% 0.5% 1,307,884 1,138,743 1,120,922
- CASA 918,981 874,231 874,070 5.1% 5.1% 872,404 718,267 668,796
Current Account 374,554 349,490 346,124 7.2% 8.2% 349,756 220,590 192,730
Savings Account 544,427 524,741 527,946 3.8% 3.1% 522,648 497,677 476,066
- Time Deposits 446,469 488,188 484,259 -8.5% -7.8% 435,481 420,476 452,126
Other Interest-Bearing Liabilities 200,597 179,105 180,023 12.0% 11.4% 162,817 167,005 195,651
Non-Interest-Bearing Liabilities 103,747 90,920 110,184 14.1% -5.8% 91,543 80,563 64,025
Total Liabilities 1,669,794 1,632,443 1,648,535 2.3% 1.3% 1,562,244 1,386,311 1,380,598
Tier 1 Capital 291,308 296,281 283,949 -1.7% 2.6% 273,812 266,166 187,205
Total Equity 323,189 329,473 316,472 -1.9% 2.1% 303,395 291,787 229,467
Total Liabilities & Equity 1,992,983 1,961,916 1,965,007 1.6% 1.4% 1,865,639 1,678,098 1,610,065
*Financial figures for 2021 is restated to include Pegadaian and PNM in accordance with PSAK 38 6
Page 7
LOANS & FINANCING PORTFOLIO
Loan Growth Subdued as Micro Focused on Asset Quality and Recovery Income
Loan Outstanding – by business segment (Rp Tn) Composition – by business segment (%)
120 .0%
1,60 0.0 1,60 0.0
1,40 0.0
1,354.6 1,40 0.0
1,266.4
100 .0%
244.3 16.1% 16.1% 15.3% 15.6% 18.0%
1,20 0.0
1,139.1 1,20 0.0
21.2%
197.7
1,042.9 3.3% 2.7% 2.4% 2.9%
1,020.2 44.1 80. 0%
3.3%
173.8 36.3 2.4%
903.2 19.2% 18.3%
1,00 0.0 1,00 0.0
164.7 168.3 27.8 229.7 20.4% 17.0%
231.2 24.0%
33.5 27.8 26.8%
800 .0
191.1 218.6 800 .0
60. 0%
212.5 209.1 14.4% 14.7% 15.0% 15.4%
21.5 244.6 190.0
14.2%
600 .0
167.6 600 .0
242.3 150.4 40. 0%
15.6%
144.8
400 .0 400 .0
140.5
611.2 627.5 46.4% 48.4% 48.3% 46.3%
551.3 20. 0%
42.4%
200 .0
432.5 483.9 200 .0
34.1%
307.7
- - 0.0 %
2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024
Micro Consumer Small Medium Corporate Total
YoY Growth ( % ) 2.7 10.0 -0.7 21.6 23.6 7.0
(Rp Tn) 16.3 19.1 -1.5 7.8 46.6 88.2
Recently, Bank Raya shifted portion of its Small Segment loans to Micro Segment amounting to Rp730 bn. If we adjust the Ultra Micro loans outstanding, it will impact loan growth by 20bps 7
Page 8
DEPOSIT COMPOSITION IMPROVING
CASA Improved QoQ by 313bps as High Cost Time Deposits Decreased 7.8% YoY
Deposit Growth (Consolidated) (Rp Tn) Deposit Products per Segment* (Rp Tn)
Total Deposit: 0.5% YoY
1,60 0.0
Total Deposits 2024: Rp1,366.8 Tn
CASA: 3.0% YoY Micro CASA Time Deposit
2.2%
1,358.3 1,365.5 382.9
1,40 0.0
90. 0%
450 .0
356.3 367.7 373.5 8.2%
1,307.9 400 .0
335.4
296.6 43.5 48.5 52.4
43.4
350 .0
300 .0
45.1 1.7%
250 .0
45.7
1,20 0.0
1,120.9 1,138.7 -7.8%
200 .0
324.1 325.0 330.5
80. 0%
150 .0
290.3 312.9
446.5 YoY 250.9
484.3 100 .0
1,021.2 435.5 50.0
-
1,00 0.0
2019 2020 2021 2022 2023 2024
420.5 70. 0%
452.1 Retail Demand Deposit Savings Time Deposit Total
66.7% 67.3%
4.6%
800 .0
431.9 64.3% 510.6
488.1
600 .0
63.1% 469.1
500 .0
374.6 410.6 412.6 -0.4%
59.7%
60. 0%
3.1% 400 .0
180.0 197.4 196.5
57.7% 544.4 YoY 154.7
522.6 527.9 300 .0
155.2 170.5
600 .0
5.3%
200 .0
198.4 202.7 213.4
154.7 170.0 183.3
14.3%
100 .0
497.7 50. 0%
64.7 70.1 74.6 90.7 88.1 100.7
476.1
-
400 .0
414.3 2019 2020 2021 2022 2023 2024
Wholesale
Demand Deposit Time Deposit Total
40. 0%
8.2% -4.7%
374.6 491.1
200 .0
600 .0
349.8 346.1 YoY 464.0 467.9
500 .0
220.6 359.0
174.9 192.7 400 .0
298.6 306.6 233.7
-17.4%
206.7 192.9
300 .0
215.8
195.0
- 30. 0%
200 .0
196.7
2019 2020 2021 2022 2023 2024 100 .0
257.3 257.4 275.0 6.8%
101.9 111.7 143.2
-
Demand Deposit Savings Time Deposit CASA
2019 2020 2021 2022 2023 2024
*Data is presented in Bank Only 8
Page 9
WELL CAPITALIZED BALANCE SHEET PROVIDES FLEXIBILITY
CAR at 26.63% is Second Highest Among Top 10 Banks
40. 00% 25. 00%
19.80% 19.01%
17.34% 17.63% 20. 00%
35. 00%
15. 00%
12.23%
10.52%
30. 00%
10. 00%
27.16% 27.27%
25.54% 26.63%
5.0 0%
25. 00%
26.16% 26.12%
22.77% 25.52%
24.53% 0.0 0%
20.14%
20. 00%
21.65%
-5.00%
19.06%
15. 00%
DPO DPO -10.00%
DPO
85% 85%
~80%
DPO
-15.00%
14.63% 65% 2.5% Capital
DPO
10. 00%
-20.00%
Conservation Buffer
MINIMUM 60% 2.5% Capital Surcharge
REGULATORY on Systemic Bank
REQUIREMENT 5.0 0% -25.00%
2019 2020 2021 2022 2023 2024 9.63% CAR based on
Risk Profile
Tier 1 CAR Tier 2 CAR Total CAR ROE B/S
Leverage (x) 6.8 7.0 5.8 6.1 6.2 6.2
• As of Jan, ’23, as part of the implementation of Basel 3, the change on RWA of Operational & Credit Risk adds 329bps to BRI total CAR
• Starting in January 2024, we implemented the Basel III calculation of RWA market risk, which has a negative impact of 49bps to total CAR
• BRI distributed a full-year dividend of Rp319 per share, paid on 28 March 2024 (including an interim dividend of Rp84 per share)
*In compliance with OJK regulations, our calculation of consolidated financial ratios moved to monthly from quarterly starting in Jan-24. All calculations for 2024 and 2023 are adjusted for monthly data. 9
Page 10
INCOME STATEMENT
PPOP Increased 9.6% YoY, Supported by Non-Interest Income
(Rp Bn)
Items 4Q24 3Q24 4Q23 g QoQ g YoY 2024 2023 g YoY
Interest Income 48,629 50,847 49,321 -4.4% -1.4% 199,266 181,215 10.0%
Interest Expense (14,173) (14,317) (13,116) -1.0% 8.1% (57,209) (43,813) 30.6%
Net Interest Income 34,456 36,530 36,205 -5.7% -4.8% 142,057 137,402 3.4%
Net Premium Income 1,256 537 343 134.0% 266.4% 3,250 2,161 50.4%
Other Operating Income (Non-Interest) - incld. Gold 15,074 15,340 11,889 -1.7% 26.8% 54,561 43,727 24.8%
Total Operating Expenses (21,543) (21,939) (21,110) -1.8% 2.1% (83,116) (76,782) 8.2%
Personnel Expenses (8,283) (10,268) (8,356) -19.3% -0.9% (39,184) (37,850) 3.5%
G&A Expenses (7,823) (7,555) (8,061) 3.5% -3.0% (29,652) (28,484) 4.1%
Others Expenses (5,437) (4,116) (4,693) 32.1% 15.9% (14,280) (10,448) 36.7%
Pre-Provision Operating Profit 29,243 30,467 27,328 -4.0% 7.0% 116,752 106,508 9.6%
Provision Expenses (8,710) (10,967) (6,700) -20.6% 30.0% (38,174) (29,679) 28.6%
Loan - Provision Exp (9,384) (10,859) (6,933) -13.6% 35.4% (42,972) (28,728) 49.6%
Non-Loan - Provision Exp 674 (108) 233 -723.6% 189.8% 4,798 (951) -604.5%
Profit From Operations 20,533 19,500 20,628 5.3% -0.5% 78,578 76,829 2.3%
Non-Operating Income (922) 39 84 -2493.8% -1202.2% (979) (399) 145.3%
Net Income Before Tax 19,611 19,539 20,711 0.4% -5.3% 77,599 76,430 1.5%
Net Profit 15,281 15,466 16,211 -1.2% -5.7% 60,644 60,425 0.4%
Profit After Tax & Minority Interest (PATMI) 15,090 15,363 16,107 -1.8% -6.3% 60,155 60,100 0.1%
*) We reclassified fee-based income from Supply Chain Financing into Net Interest Income (Non-Loan) of Rp 2.4 tn in FY24 and Rp 2.2 tn in FY23. All FY24 and FY23 is adjusted to reflect this change. 10
Page 11
EARNING ASSET YIELD & STRONG MARGINS MAINTAINED
FY24 Lending Yield Remains Steady, Tight Liquidity Put Pressure on Cost of Funds
NIM – Bank Only vs Consolidated Lending Yield, EA Yield, and Cost of Fund
16. 0%
8.5 % 8.2% 7.5 %
7.9% 7.7% 12.3% 12.5% 12.5% 12.3% 13.1% 13.2%
7.7%
14. 0%
7.0%
8.0 %
12. 0%
7.0 %
7.5 %
6.9%
7.0 %
6.9% 7.0% 10. 0%
10.9%
6.8% 10.1% 10.6%
6.5 %
8.0 % 10.0% 9.5% 9.6%
6.5 %
6.5%
6.0 %
6.7% 6.0 %
6.0 %
3.7% 3.7%
5.5 %
2.3% 3.1%
6.0% 2.1%
4.0 %
3.5%
5.0 %
5.5 %
2.0 %
4.5 %
0.0 %
2019 2020 2021 2022 2023 2024
4.0 % 5.0 %
2019 2020 2021 2022 2023 2024
NIM - Consol. NIM - Bank Only Loan Yield Earning Asset Yield CoF
40.0
37.5
40.0
35.0
35.1 34.5 Loan & Financing to Total EA and LDR
35.0
31.1
28.1 88.85%
30.0
30.0
100.0%
88.45% 84.77% 88.51% 84.22%
90.0% 78.82%
27.8 80.0%
26.3
25.0
26.1
25.0
70.0%
21.1 60.0%
20.0
20.0
21.9 21.6 50.0%
20.2 40.0%
30.0%
69.6% 67.5% 65.6% 68.4% 70.7% 73.6%
15.0
15.0
20.0%
10.0%
0.0%
10.0
10.0
2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024
Quarter NII - Consol (IDR Tn) Quarter NII - Bank Only (IDR Tn) % Loan & Financing to Total EA LDR - Consol. (Bank Entity)
*) We reclassified fee-based income from Supply Chain Financing into Net Interest Income (Non-Loan) of Rp 2.4 tn in FY24 and Rp 2.2 tn in FY23. All FY24 and FY23 is adjusted to reflect this change. 11
Page 12
THE ULTRA MICRO ECOSYSTEM
Pegadaian and PNM Loans Up 18.1% YoY, Driving UMi Loans to Rp626.6 Trillion
Loan Composition - Outstanding (Rp Tn) # Borrowers (in Mn)
BRI Micro Pegadaian PNM 2.5% YoY -2.8% YoY
BRI Micro Pegadaian PNM Total
626.6 36.9 35.9
611.2 35.3
6.2%
551.3 47.1 50.0 31.0
483.9 42.6 67.6 85.4 -4.6%
26.3% 15.2
59.1 14.0 14.5
34.5
52.4 11.2
7.0 7.7 7.9%
6.6 8.3
-1.1%
496.6 491.2
449.6
397.0
351.4
13.3 14.4 14.0 13.1 -6.7%
11.7
2020 2021 2022 2023 2024 2020 2021 2022 2023 2024
Key Ratios
BRI Pegadaian PNM
Description
9M21 2021 2022 2023 2024 9M21 2021 2022 2023 2024 9M21 2021 2022 2023 2024
Cost of Fund 2.1% 2.1% 1.9% 2.9% 3.6% 6.2% 6.0% 4.9% 5.9% 6.3% 8.7% 8.6% 7.6% 6.8% 6.6%
Credit Cost 3.8% 3.4% 2.5% 2.4% 3.2% 1.7% 1.4% 0.9% -0.3% 0.7% 1.3% 2.0% 5.7% 5.7% 7.7%
CIR 42.1% 43.3% 42.0% 37.7% 37.0% 63.0% 62.8% 63.7% 59.4% 53.0% 76.7% 74.6% 67.7% 64.5% 59.7%
Pegadaian & PNM joined BRI Group as part of the Ultra Micro Holding in September 2021
Pegadaian, PNM’s Cost Of Fund (COF) calculated by dividing annualized interest expense with average monthly Interest-Bearing Liabilities
PNM’s financing outstanding include financing disbursed to LKMS (Syariah Micro Financing Institution) and venture capital 12
Page 13
BRI MICRO BUSINESS PERFORMANCE
Slower Loan Growth To Focus On Asset Quality and Recovery Income
Micro Loan Outstanding (Rp Tn) # Borrowers (in Mn) # Borrowers per Loan Officer
16. 0 15. 0
600
600 .0 575 .0
14.4 14.0
496.6 491.2 528 519
13.3 0.6 13.1
0.5 488
14. 0 13. 0
449.6 482
0.7
500
0.5
500 .0 475 .0
11.7 2.8 430
397.0 64.3 59.7 12. 0 11. 0
10.5 0.8 2.8 4.7
351.3 68.9 375
4.5
400
400 .0 375 .0
307.7 10. 0
0.9 9.0
74.9 3.4
129.2 212.3 200.2
300 .0 79.9 275 .0
8.0
3.9
7.0 300
83.2 131.8 6.0 5.0
200 .0
144.7 175 .0
10.9 200
9.8
8.8 8.1
155.1 7.5
4.0 3.0
251.5 219.9 231.3 5.7
190.3
100
100 .0 75. 0
2.0 1.0
126.7
69.3 0
0.0 -25.0 0.0 -1.0
2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024
KUR Kupedes Briguna KUR Kupedes Briguna
Growth YoY Growth YoY Loan OS per Loan Officer (in Bn)
20.0
18.4 18.1
18.0
16.5
Product 2019 2020 2021 2022 2023 2024 Product 2019 2020 2021 2022 2023 2024 16.0
14.6
14.0 12.9
KUR 4.5% 31.4% 31.1% 10.8% -19.12% -7.86% 11.0
KUR 279.5% 82.8% 50.1% 32.2% -12.6% 5.2%
12.0
10.0
Kupedes 8.7% -12.8% -19.5% 2.7% 64.71% -3.87% 8.0
Kupedes 53.4% -6.8% -8.9% -1.9% 64.3% -5.7% 6.0
Briguna -3.9% -9.8% -10.1% -13.6% -12.62% -13.24%
4.0
Briguna 39.9% -4.0% -6.3% -8.0% -6.7% -7.1% 2.0
-
Total 72.0% 14.2% 13.0% 13.3% 10.4% -1.1% Total 5.3% 11.4% 13.5% 7.8% -2.2% -6.7% 2019 2020 2021 2022 2023 2024
*) Bank only numbers 13
Page 14
Thank You
PT BANK RAKYAT INDONESIA (Persero) Tbk.
Investor Relations
7th floor BRI II Building
Jl. Jenderal Sudirman No. 44-46 Jakarta 10210
Indonesia
Phone : 62 21 5752006/09, 5751952/79
Website : www.ir-bri.com
Email : ir@bri.co.id
14
Names mentioned 2 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank REQUIREMENT
p.9
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