BRI Will Not Revise Business Plan, Domestic Economy Remains Strong

PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) has affirmed that the company will not revise its 2026 bank business plan (RBB) amid the turmoil of global uncertainties. BRI’s Deputy Director, Viviana Dyah Ayu Retno Kumalasari, stated that the company’s growth throughout this year is still aligned with the RBB. Viviana noted that BRI projects credit disbursement to reach 7% to 9% until the end of 2026. Meanwhile, BRI’s credit grew 13.7% over the first three months of this year. “Well, we see that up to BRI’s performance in March 2026, it is still on the track in line with the business plan we made previously,” Viviana said during the virtual press conference on BRI’s First Quarter 2026 Performance Presentation on Thursday (30/4/2026). Furthermore, she highlighted the fundamental aspects of the domestic economy, which she said remain stable. Vivi stated that public consumption and SME activities are still consistently serving as the main pillars for domestic economic growth. “Therefore, if we look at the current conditions, including the guidance we provide, we do not yet feel the need to revise the bank business plan,” she explained. Nevertheless, Vivi acknowledged that BRI remains alert in monitoring the current situation and adopting an adaptive stance towards external dynamics. “But indeed, we will remain alert, continue to monitor the situation so that we can be more adaptive to developments in external conditions in particular. And we will make adjustments if later we deem it necessary,” she concluded. On the same occasion, BRI’s Risk Management Director, Ety Yuniarti, explained that the company routinely conducts stress tests, regardless of whether there are global dynamics or not. In the current conditions, Ety outlined the parameters used, including those related to oil prices. However, BRI uses parameters such as gross domestic product (GDP) growth, inflation, Bank Indonesia’s (BI) benchmark interest rate, the US dollar exchange rate, the US dollar, and the yield on US treasury bonds. Based on these parameters, BRI has various forward-looking assumptions, and so far, it expects conditions in the second semester to improve further. Especially with forward oil prices expected to improve in the third quarter of 2026, so oil prices will not exceed US$100. “But if it does, we have already made pessimistic assumptions on the stress test side, and insya Allah from the capital and liquidity position side, it is still relatively adequate. So to absorb potential pressures that may occur if the oil price reaches US$100,” Ety clarified.