BRI Records Profit of Rp57.132 Trillion, Commits to Supporting Government's Eight Pillars and Strengthening People's Economy
PT Bank Rakyat Indonesia (Persero) Tbk (BRI) has successfully closed 2024 with solid business performance amid a moderated global economic pace. The company recorded a profit of Rp57.132 trillion, supported by a robust funding structure, sustained credit growth, and continuous asset quality improvements.
This achievement strengthens BRI’s role in accelerating national economic growth through productive financing and commitment to grassroots economics.
This was conveyed by BRI President Director Hery Gunardi during a Press Conference on BRI’s Financial Performance for Fourth Quarter 2024 at BRI’s Head Office in Jakarta on Thursday (26/02). The event was also attended by Director of Treasury & International Banking Farida Thamrin, Director of Micro BRI Akhmad Purwakajaya, and Director of Network & Retail Funding Aquarius Rudianto.
Opening his presentation, Hery conveyed that amid global uncertainty, the domestic economy remains resilient. Economic growth in 2024 was recorded at approximately 5.1% and is projected to increase to 5.2% in 2025, supported by strong domestic demand.
Indonesia’s inflation is also well-controlled within Bank Indonesia’s target range, at approximately 2.9%, and is expected to stabilise in 2025. These conditions support the public’s purchasing power whilst creating room for more accommodative monetary policy.
“Overall, the combination of controlled inflation, looser monetary policy, and resilient domestic consumption provides a sufficiently strong foundation for Indonesia’s economy going forward,” said Hery.
Furthermore, Hery emphasised that macroeconomic stability and positive banking performance serve as a solid foundation for sustained growth. The combination of impressive growth in third-party funds (DPK), healthy asset quality, strong liquidity, and a non-performing loan ratio maintained at 2.05%, along with stable profitability, provides room for the banking industry to continue expansion in 2025.
Based on this solid foundation, BRI, as a bank focused on grassroots economics, has assumed a strategic role through support for various government priority programmes, in line with efforts to accelerate Indonesia’s economic growth.
This commitment is realised through the distribution of the People’s Business Credit (Kredit Usaha Rakyat, or KUR) as the primary instrument for productive sector financing. Throughout January to December 2024, BRI distributed KUR totalling Rp178.08 trillion to 3.8 million borrowers, with the agricultural sector being the largest contributor at Rp80.09 trillion or 44.97% of total KUR distributed by BRI.
In addition to supporting micro, small and medium enterprises (MSMEs), BRI has also expanded housing finance access through participation in the 3 Million Houses Programme. By the end of December 2024, BRI had distributed subsidised mortgages (KPR Subsidi) totalling Rp16.16 trillion to more than 118,000 borrowers across Indonesia. For 2025, the company is optimistic about distributing financing for 60,000 subsidised housing units.
On another front, BRI has also played an active role in various other government strategic programmes, including support for the Free Nutritious Meals Programme (MBG), Red and White Village Cooperatives (KDKMP), and the distribution of non-cash social assistance such as the Family Hope Programme (PKH), Basic Food Assistance (Sembako), Basic Food Stimulus, and Social Welfare Cash Transfers (BLTS Kesra). This series of initiatives reinforces BRI’s role as a primary government partner in expanding financing access and strengthening social protection for the population.