Becoming The Most Profitable Bank, BRI Doesn't Just Think About Money: Sustainability Is Most Important

Illustration (Photo: Doc. Antara)

JAKARTA - Compliance Director of PT Bank Rakyat Indonesia Tbk. (BRI) Ahmad Solichin Lutfiyanto said that his party does not only prioritize the achievement of profitability in carrying out business activities.

According to him, the company also has an important task in building the national economy and is responsible for the sustainability of ecosystems and environmental sustainability on earth.

“We as a company are not just looking for profit. If the goal is only to seek profit, then since 2005 BRI has been awarded the title of the most profitable bank in Indonesia," he said in a webinar organized by the Indonesian Banking Development Institute (LPPI), Tuesday, June 15.

Ahmad added, BRI always tries to accommodate the aspirations of stakeholders to ensure business activities can take place in a sustainable manner.

"If you only target profit, it will last a while. But if the company pays attention to and implements the aspirations of the stakeholders, it is almost certain that the continuity of its business will be long and sustainable," he said.

To note, BRI is the largest banking institution in Indonesia with an asset capitalization of more than Rp1,447 trillion on a consolidated basis until the closing of the 2020 book.

As for the performance in the first quarter of 2021, the wong little bank is known to have posted a net profit of IDR 6.86 trillion.

As for the intermediation function, BRI claims to have succeeded in disbursing loans and financing of Rp. 914 billion, with the main contribution of the micro sector being Rp. 360 billion.

"BRI's performance is quite well maintained because it continues to comply with the rules set by the OJK (Financial Services Authority). In addition, BRI as a public company is also driven by our investors," said Ahmad.