Forbes Honors BRI As One Of The Most Valuable Companies In Indonesia

President Director of BRI Sunarso. (Photo: Doc. Antara)

JAKARTA - PT Bank Rakyat Indonesia (BRI) was named by Forbes 2021 in Global 2000: The World's Largest Public Companies as one of the most valuable public companies in Indonesia.

Quoted from Antara, Tuesday, May 18, BRI, which is ranked 362th out of the 2,000 best public companies in the world, is also included in the Forbes World Best Banks 2021 list, even though it is in the midst of the COVID-19 pandemic.

Forbes stated that there are six public companies in Indonesia that are on the list and BRI is in the highest rank. This realization also made BRI occupy the highest position for seven consecutive years.

President Director of BRI Sunarso in Jakarta, Tuesday, said that this achievement is proof of commitment in maintaining sustainable performance with a focus on saving Micro, Small and Medium Enterprises (MSMEs) and government partners in the National Economic Recovery Program (PEN).

Global 2000 List: The World's Largest Public Companies is sourced from the FactSet Research system which selects 2,000 of the world's largest public companies in four aspects, namely sales, profit, assets and market value.

In terms of sales, BRI is ranked 1,007 and profitability is at 529. Meanwhile, its assets are at 354 and market value is 505.

The bank, which focuses on the MSME segment and coded BBRI, recorded revenues of around US $ 10 billion, assets reaching US $ 107.6 billion and a profit of US $ 1.3 billion.

Overall, the companies included in the Forbes Global 2,000 list experienced an increase in market capitalization of 47 percent to US $ 79.8 trillion, with revenues falling 6 percent to US $ 39.8 trillion with profits falling 24 percent to US $ 2.5 trillion. .