BRI Wins Asiamoney's Best SME Bank Award In Indonesia

JAKARTA – PT Bank Rakyat Indonesia Tbk. (BRI) has just defended its title as the best small and medium enterprise (SME) bank in Indonesia 2021 or Asiamoney's Best Bank for SME (small medium enterprise). ultra micro holding which has just been released by the company. "Currently, the international community has understood and believed in BRI's vision and strategy, which focuses on working on the MSME segment," he said in a press statement, quoted Monday, October 4. "We will use this award as a driving force to achieve the vision of The Most Valuable Banking Group in Southeast Asia and Champion of Financial Inclusion in 2025," he said. performance in the midst of a pandemic and at the same time saving SMEs through busin strategy ess follow stimulus. For example, during the pandemic BRI channeled loans to MSMEs amounting to Rp45 trillion, which was sourced from the placement of government funds, distributing interest subsidies worth Rp5.47 trillion and distributing wage subsidies of Rp6.45 trillion.

Then, the Asia-Pacific media also revealed that BRI is committed to continuously creating economic and social value as well as encouraging financial inclusion and literacy. It is said that this effort is not easy considering that Indonesia has more than 270 million people spread over 17,000 islands. “The company has a strategy to reach people who live in remote and outermost areas. Through BRILink Agents, BRI has 500,000 agents with transaction volumes reaching Rp843.2 trillion throughout 2020. BRI's role in promoting financial inclusion also has an impact on increasing financial literacy, along with the distribution of financing to MSME actors," Asiamoney wrote when closing the report.