Jakarta (ANTARA) \u2013 PT Bank Rakyat Indonesia (Persero) Tbk, or BRI\n(BBRI), believes its solid corporate fundamentals provide a strong\nfoundation for the bank\u2019s long-term growth prospects. This is also\nreflected in BRI\u2019s consistent share buybacks as part of its strategy to\ncreate value for shareholders.<\/p>\n
The consistency is evident in a series of buybacks carried out by BRI\nin recent periods. At the annual general meeting of shareholders on 24\nMarch 2025, shareholders approved a share buyback worth up to Rp3\ntrillion. The shares may be repurchased on or off the stock exchange,\neither in stages or in a single transaction, in accordance with\napplicable regulations.<\/p>\n
In 2026, BRI continued this approach with a buyback amid significant\nmarket fluctuations. According to a disclosure on 12 June 2026, BRI\nallocated up to Rp500 billion for the first phase of the buyback, to run\nfrom 12 June to 11 September 2026.<\/p>\n
Then, in a disclosure on 22 October 2026, BRI announced plans for a\nsecond-phase buyback worth up to Rp1 trillion. The transaction is\nscheduled to take place from 22 October 2026 to 21 January 2027.<\/p>\n
BRI Corporate Secretary Dhanny said the phased buybacks were part of\nthe company\u2019s strategy to optimise shareholder value, while taking\naccount of its financial condition and applicable regulations.<\/p>\n
\u201cThis share buyback reflects BRI\u2019s confidence in its business\nfundamentals and long-term growth prospects. The company continues to\nprioritise adequate capital, prudential principles and good corporate\ngovernance in accordance with applicable regulations,\u201d Dhanny said.<\/p>\n
Dhanny added that the buyback decision also took into account global\nmarket dynamics, including economic uncertainty, geopolitical tensions,\ncommodity price movements and capital flows affecting volatility in\nIndonesia\u2019s financial markets.<\/p>\n
In terms of financial performance, BRI recorded net profit of Rp31.2\ntrillion as of the end of the second quarter of 2026. Total assets grew\n11.7 per cent year on year to Rp2,352 trillion, third-party funds rose\n6.7 per cent to Rp1,581 trillion, while lending and financing increased\n16.2 per cent to Rp1,646 trillion.<\/p>\n
The performance was also supported by strong capital and liquidity\npositions. BRI\u2019s Capital Adequacy Ratio (CAR) stood at 21.5 per cent,\nwhile its Loan to Deposit Ratio (LDR) was 90.8 per cent. These positions\nprovide sufficient room for BRI to continue its intermediation role and\nmaintain sound, sustainable business growth.<\/p>\n
\u201cGoing forward, BRI will remain focused on strengthening business\nperformance and driving healthy, sustainable growth. With strong\nfundamentals and capital, we are optimistic that BRI has room to\ncontinue growing and deliver optimal returns for shareholders over the\nlong term,\u201d Dhanny concluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/bri-optimistic-that-its-fundamentals-will-support-long-term-growth-1793069549", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }