PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) achieved double-digit\ngrowth in credit distribution throughout the first half of 2026. This\nhas become a primary highlight of the company\u2019s positive performance\nduring the first half of the year.<\/p>\n
As reported by BRI on Monday, the company achieved a net profit of\nRp31.2 trillion for the first half of 2026, a 17.5% year-on-year\nincrease from Rp26.53 trillion in the first half of 2025. This\nachievement exceeded the forecasts of Indo Premier Sekuritas, JP Morgan,\nBNI Sekuritas, and the market consensus.<\/p>\n
In terms of intermediation, BRI\u2019s total consolidated credit and\nfinancing grew by 16.2% year-on-year to Rp1,646 trillion. The\ncomposition of MSME (Micro, Small, and Medium Enterprises) credit stood\nat 75.1%, with its volume increasing by 8.6% year-on-year.<\/p>\n
BRI\u2019s credit growth has surpassed the bank\u2019s business plan (RBB) for\nthis year and has been accompanied by improvements in asset quality. The\nnon-performing loan (NPL) ratio fell to 2.9%, while NPL coverage rose to\n180%. The loan at risk (LAR) ratio decreased to 9.2%, while LAR coverage\nincreased by 57%.<\/p>\n
Indo Premier noted several significant improvements in the micro\nsegment. Notably, the net credit quality deterioration, measured by NPL,\ndecreased to an average of Rp1.7 trillion in the first half of 2026,\ncompared to Rp2 trillion in the first quarter of 2026 and a peak of\nRp3.5 trillion in January 2025.<\/p>\n
On the other hand, BRI\u2019s credit growth was also supported by the\ncorporate and commercial segments, which increased by 47% and 58%\nyear-on-year, respectively. Indo Premier stated that this could prompt a\nrevision of the 2026 credit growth guidance to a range of 8%-10%.<\/p>\n
JP Morgan assessed that the placement of government funds, along with\nBRI\u2019s ability to place such funds at high interest rates set by Bank\nIndonesia, will be a key driver for the net interest margin (NIM) ratio,\nalongside commercial lending.<\/p>\n
Following the strong credit growth in the first half of 2026, BRI\nmanagement has maintained its targets for NIM, credit costs, and CIR\nguidelines. According to BNI Sekuritas, BRI is the only large\nstate-owned bank that has not revised its NIM guidance downwards.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/bbri-loans-surge-by-16-2-analysts-suggest-targets-could-be-revised-upwards-1788339607", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }