BRI Successfully Press the Cost of Fund and Strengthen Profitability under the Supervision of Danantara

Illustration: BRI

JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk or BRI has consistently shown success in business transformation through the strengthening of increasingly efficient and sustainable funding structures. The strategy, which focuses on increasing cheap funds (CASA), has succeeded in reducing the cost of funds (cost of fund / CoF) while strengthening the quality of the Company's business growth amid the still challenging global economic dynamics.

This achievement is in line with the agenda of strengthening fundamentals and value creation (value creation) which is driven through Danantara in the state-owned enterprise environment. This improvement in the funding structure reflects BRI's ability to manage fund costs more optimally, so that the Company has greater room to maintain profitability, strengthen competitiveness, and support quality and sustainable business growth.

Until March 2026, BRI managed to collect Third Party Funds (DPK) of IDR 1,555.1 trillion or grew 9.4% year-on-year (year-on-year/yoy). Of this amount, CASA (consolidation) dominates to reach IDR 1,058.6 trillion or equivalent to 68.07% of total DPK, increasing compared to 65.77% in the same period last year. Funding efficiency is also seen from the decline in BRI's fund cost which fell from 2.98% in the first quarter of 2025 to 2.33% in the first quarter of 2026 or down 65 basis points.

BRI President Director Hery Gunardi said that strengthening cheap funds or Current Account Saving Account (CASA) is one of the main strategies in the transformation program being carried out by the Company.

"The increase in CASA has a direct impact on the cost efficiency of the Company's funds and the quality of the Company's funding structure. The high volume of transactions occurs on various digital channels such as BRImo, QLola by BRI, Business Merchant and QRIS BRI. With a stronger foundation, BRI can maintain a balance between business growth, profitability, and risk management," said Hery.

The strengthening of the funding structure also supports the Company's overall performance. As of the first quarter of 2026, BRI Group's total assets grew 7.2% YoY to Rp2,250 trillion, while credit and financing grew 13.7% to Rp1,562 trillion. In the same period, the Company's consolidated net profit increased 13.7% to Rp15.5 trillion.

In line with this, the Chief Operating Officer (COO) of BPI Danantara Indonesia and Head of the State-Owned Enterprise Implementation Agency, Dony Oskaria, said that Danantara continues to encourage comprehensive transformation in state-owned enterprises so that they have strong and sustainable business fundamentals.

"Danantara is present to ensure that SOEs not only grow in terms of business scale, but also become healthier in terms of governance, efficiency, and risk management. With a strong foundation, SOEs will have higher competitiveness and be able to create greater added value for the national economy," said Dony.

According to him, strengthening risk management and governance are the main foundations for SOEs to be able to survive and develop sustainably in the midst of global economic dynamics. "We want to build strong risk management and governance because only well-managed companies can sustain in the future," he added. (ADV)