BRI Welcomes Positive Extension of the Government's SAL Placement Period

Rupiah (Photo: between)

JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) welcomes the government's positive step to extend the period for placing the government's additional budget balance (SAL).

Director of Treasury and International Banking of BRI Farida Thamrin said that the government's SAL will actually mature on March 13, 2026.

"We are very happy because yesterday there was information from the Ministry of Finance that for the placement of the government's SAL funds, which was originally due on March 13, 2026, this will be extended," he said in an online press conference, Thursday, February 6.

According to him, this placement of the balance will have a positive impact on the stability of banking liquidity and fiscal policy to the real sector.

Farida said that the total SAL received by BRI reached Rp. 80 trillion consisting of Rp. 55 trillion which was placed in the initial phase, and Rp. 25 trillion in the second phase which had not been extended.

"We have also received the second phase which is Rp25 trillion but it is more short term and that is because it is only short term so it is not extended," he continued.

Furthermore, Farida said that the SAL funds received by BRI had been disbursed to debtors from various segments such as micro-enterprises, small and medium enterprises (SMEs), consumers, and a few corporations.

From the total of the sal funds, BRI has formed loans to debtors. This has various segments that we distribute, ranging from micro, SMEs, consumers, and a few corporations.

However, for BRI, he said, the distribution was mostly diverted to the micro-sector, reaching 50 percent.

"It has reached almost 50 percent of the total distribution of SAL carried out by BRI," said Farida.