BBRI - KUR channeled IDR12 tn

Bank Rakyat Indonesia (BBRI) start channeling KUR and has allocated IDR12 tn in Mar23. Of the total KUR allocation of IDR450 tn, BBRI get IDR250 tn. Last year BRI channeled IDR252.4 tn KUR to around 6.5 mn debtors. (Source : Investor Daily). Comments : We believe huge potential SME will continue underpin overall BBRI earnings, while the untapped market that will be developed by its solid synergy with pegadaian and pnm arms should become as embryo that will triggered BBRI future earnings.