How Bank Raya Accelerates Digital Business
Jakarta, CNBC Indonesia – PT Bank Raya Indonesia Tbk (AGRO) continues to strengthen the digital banking ecosystem in Indonesia. Bank Raya has developed several innovations that will facilitate customers in conducting various digital financial transactions.
The prestige of digital banking continues to increase in line with the massive penetration of the digital economy. According to the Presidential Advisory Council of the Republic of Indonesia, Indonesia’s digital economy potential is projected to reach Rp2.118 trillion or US$130 billion by 2025 and is predicted to increase to Rp5.800 trillion or US$360 billion by 2030, making it the largest among ASEAN nations.
This potential is driven by Indonesia’s position as the world’s fourth-largest population, high internet penetration of over 200 million users, a developing middle class, and support from major sectors such as e-commerce, fintech, transportation, and online gaming that continue to grow rapidly.
Alongside this, digital banking plays an important role as the backbone of the digital economy through increased financial inclusion, operational efficiency, and accelerating access to 24/7 banking services without the requirement of physical offices. Armed with technology integration, digital banks actively drive economic growth through real-time transactions, feature innovation, and expanding the reach of financial services to remote areas.
The success of digital banks in transforming is demonstrated by their ability to generate innovation and synergy with their supporting ecosystem. This has been shown by Bank Raya, which continuously optimises synergy within the BRI Group ecosystem to meet the needs and fulfil the lifestyle of society that has now transformed into digital form.
Bank Raya is committed to continuously strengthening technology innovation and expanding access to financial services to reach more people. This commitment is realised by Bank Raya through various innovations to drive digital business growth, placing technology implementation as a top priority, strengthening processes through increased digital capacity, policy formulation, and strengthening information technology governance.
In addition, Bank Raya also ensures comprehensive customer data protection systems, for example through efforts to maintain the smoothness of digital services and strengthen security aspects. This strategy is expected to strengthen customer confidence in Bank Raya.
Nailul Huda, Director of the Digital Economy Center of Economic and Law Studies (CELIOS), said that the existence of digital banks has become an alternative for many people, especially young generations, in conducting financial transactions. Digital banks have proven capable of providing convenience, from account opening processes, payments, to financing.
“Everything is easy and digital, which makes many young generations attracted to having accounts at digital banks even though they already have accounts at conventional banks. For unbanked populations, the presence of digital banks can increase financial inclusion, both in terms of accounts and other services,” he told CNBC Indonesia on Monday (9 March 2026).
He continued, the ease of financing has become a weapon for digital banks in increasing market penetration. When financing distribution increases, this has the potential to become an engine of economic growth. As a result, economic growth can occur faster due to additional capital circulating in the community.
As BRI Group’s digital attacker, Bank Raya continues to commit to intensifying product innovation and features in digital business in recent times. One proof is shown through the Raya Application, which can drive digital financial adoption among communities, business actors, and communities to continue growing.
Bank Raya’s commitment has yielded positive results. Thanks to support for accelerating business growth, both in terms of digital credit distribution, transactions, and various strategic innovations, Bank Raya successfully recorded total credit of Rp7.72 trillion or grew 8.3% year-on-year (yoy) in the fourth quarter of 2025.
Specifically, digital credit distribution of Rp28.75 trillion grew 39.8% (yoy) until the fourth quarter of 2025. This achievement also drove significant growth in Bank Raya’s digital credit outstanding reaching Rp3.07 trillion or grew 33.9% (yoy).
“This growth reflects our focus on a quality digital business growth strategy as reflected in even growth across digital business segments, so we are optimistic that we still have promising prospects in the future. Amid global dynamics, we continue to strive to maintain a balance between business expansion and fundamental strengthening as evidence of our successful transformation into a digital bank,” said Bank Raya’s Chief Executive Director, Ida Bagus Ketut Subagia.
Through a series of innovations carried out in the past year, until the end of December 2025, Bank Raya has introduced more than 111 features on the Raya Application. One of them is the Digital Visa Debit Card, which complements payment features in the Raya Application. The aim is for customers to be able to transact on domestic and international Visa merchant networks, whether transactions on e-commerce, online transportation platforms, and various other online platforms within and outside the country.
Additionally, Bank Raya has also introduced the Pocket Money feature in its digital savings product. The presence of the Pocket Money feature allows children to learn early to save and manage their finances digitally. Parents are also made easier in controlling the limit of their children’s spending, monitoring, and evaluating their children’s financial habits through the Raya Application.
For your information, the Pocket Money feature can be created by parents for children aged 10 to 16 years who are registered on the Family Card (KK) and have an identification card.