Achieved IDR 45.36 Trillion Profit in Q3 2024, BRI Strengthens Performance Fundamentals
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BRI also improved asset quality, with NPL falling to 2.90% and LAR to 11.66% by Q3 2024, driven by disciplined risk management and an early warning system. The bank strengthened its reserves with an NPL coverage ratio of 215.44%. "BRI has implemented various risk mitigation measures, from selective growth to proactive credit monitoring and collaborative problem resolution," he said. On the liabilities side, BRI raised
A key driver of BRI's growth in low-cost funds is its digital transformation through the BRImo super-app, providing accessible banking anytime, anywhere. By
BRI has also expanded hybrid banking to underserved areas, with more than 1.02 million BRILink agents in 62,227 villages supporting national financial inclusion. From January to
Furthermore, BRI's performance in Q3 2024 is supported by solid liquidity (LDR of 89.18%) and capital (CAR of 26.76%). "Going forward, BRI will prudently manage liquidity to ensure readiness for global and domestic economic challenges providing room for further growth," Sunarso added.
"BRI is confident of closing 2024 on a positive note, focusing on strengthening fundamentals and building resilience to face global and domestic challenges," Sunarso concluded.
For more information on BRI, please visit www.bri.co.id
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