REPUBLIKA.CO.ID, JAKARTA -- The success of PT Bank Rakyat Indonesia (Persero) Tbk or BRI in recording brilliant performance on an ongoing basis, continues to receive appreciation from various institutions.

BRI recieved awards, recognition, to rankings from prestigious and credible institutions, both at national and international levels. As was known, at 128 years old, throughout 2023, more than 200 awards were awarded to BRI. Of this number, 53 of them were international awards.

Those awards and achievements were as follows:

1. Forbes Global 2000 named BRI as the World's Largest Company in Indonesia, ranked #1 in Indonesia and ranked #307 in the world, up from ranking #349 last year.

2. Euromoney named BRI as Market Leader in Indonesia and Best Service in Asia Pacific.

3. Asia Money crowned BRI as Best Domestic Bank in Indonesia, Best Domestic Private Bank in Indonesia, and Market Leader Trade Finance (Asian Banks) in Indonesia.

4. Finance Asia awarded 9 Awards to BRI, some of which are: Best Financial Company (Gold), Best Corporate ESG Strategy (Gold), Best Overall Company (Gold), and including Best CEO for the President Director of BRI.

5. The Asset Triple A named BRI as Best Issuer for Sustainable Finance, Best Sustainability-Linked Loan, Best Private Bank for High Net Worth Individual in Indonesia.

6. Global Finance named BRI the Best Bank in Indonesia.

7. Brand Finance awarded BRI the title "The Most Valuable Brand in Indonesia" (rank 1 in Indonesia).

BRI President Director Sunarso said that BRI Group's brilliant performance has received a lot of appreciations from various parties. Those assessments also showed BRI's courage to be assessed by various independent, bona fide and credible external parties.

Sunarso added that the various awards were dedicated to BRILiaN people who had made their best contribution to BRI and to Indonesia. These awards were also presented to all BRI MSME customers who are the backbone of the Indonesian economy. "These various awards certainly motivate us to never stop being and giving the best to BRI and this country," he said. 

BRI Group's success in receiving these various awards cannot be separated from its ability to maintain positive performance on an ongoing basis. Where as of the third quarter of 2023, BRI's consolidated assets increased 9.93 percent year on year (yoy) to IDR 1,851.97 trillion. This asset growth was also accompanied by profit in the 9 months which reached IDR 44.21 trillion or grew 12.47 percent yoy.

Sunarso revealed that the main contributors to supporting BRI's positive performance include credit distribution which grew double digits, the collection of Third Party Funds (DPK) and cheap funds which also grew double digits, maintained credit quality, and the proportion of fee-based income whose portion continued to increase to BRI's overall income.

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