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BRI Secures Global Recognition as Indonesia's Top Financial Institution in Fortune Southeast Asia 500
BRI Secures Global Recognition as Indonesia's Top Financial Institution in Fortune Southeast Asia 500

Korea Herald

time08-07-2025

  • Business
  • Korea Herald

BRI Secures Global Recognition as Indonesia's Top Financial Institution in Fortune Southeast Asia 500

JAKARTA, Indonesia, July 8, 2025 /PRNewswire/ -- Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI), has attained another milestone in its international standing, earning top honors in the 2025 Fortune Southeast Asia 500 list. BRI ranks as the highest-performing financial institutions from Indonesia and claims the 4th position within Southeast Asia financial sector. BRI is placed 14th among Southeast Asia's 500 largest corporations by revenue. This achievement positions BRI alongside top-tier corporations in the region, even surpassing well-known names such as SEA and Singapore Airlines from Singapore, Charoen Pokphand Foods from Thailand, and Maybank from Malaysia. This accomplishment is a result of BRI's strong financial performance over the past year. According to Fortune's official publication, BRI recorded USD 17.68 billion in consolidated revenue for the fiscal year, marking an 18.6% year-on-year growth by the end of 2024. The Fortune Southeast Asia 500 2025 is the second edition of this annual ranking, which highlights the performance of the largest companies in Southeast Asia based on revenue ending on or before 31 December 2024. All data used has been rigorously verified with the support of global research institutions such as LSEG (London Stock Exchange Group), Bloomberg, and S&P Global Market Intelligence. This second edition also emphasizes Southeast Asia's growing strategic role in global supply chain shifts and the rapid growth of industries such as mining, electric vehicles (EVs), and artificial intelligence (AI). BRI President Director Hery Gunardi stated that this achievement is a clear testament to BRI's continued commitment to maintaining solid performance fundamentals amid global economic challenges and dynamics. According to him, this recognition further motivates the company to strengthen BRI's presence both nationally and globally. "BRI's transformation into a universal banking institution is the answer. BRI aims not only to be the best bank for the MSME segment but also to serve the full spectrum of customer needs, from individuals to large corporations, across all levels of society," he added. Hery Gunardi also expressed his appreciation to all Insan BRILiaN (BRI employees) and loyal BRI customers. "I am extremely proud, and we dedicate this achievement to all Insan BRILiaN for their outstanding contributions, and to our loyal customers for their unwavering trust in us," he concluded.

BRI Secures Global Recognition as Indonesia's Top Financial Institution in Fortune Southeast Asia 500
BRI Secures Global Recognition as Indonesia's Top Financial Institution in Fortune Southeast Asia 500

Malaysian Reserve

time08-07-2025

  • Business
  • Malaysian Reserve

BRI Secures Global Recognition as Indonesia's Top Financial Institution in Fortune Southeast Asia 500

JAKARTA, Indonesia, July 8, 2025 /PRNewswire/ — Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI), has attained another milestone in its international standing, earning top honors in the 2025 Fortune Southeast Asia 500 list. BRI ranks as the highest-performing financial institutions from Indonesia and claims the 4th position within Southeast Asia financial sector. BRI is placed 14th among Southeast Asia's 500 largest corporations by revenue. This achievement positions BRI alongside top-tier corporations in the region, even surpassing well-known names such as SEA and Singapore Airlines from Singapore, Charoen Pokphand Foods from Thailand, and Maybank from Malaysia. This accomplishment is a result of BRI's strong financial performance over the past year. According to Fortune's official publication, BRI recorded USD 17.68 billion in consolidated revenue for the fiscal year, marking an 18.6% year-on-year growth by the end of 2024. The Fortune Southeast Asia 500 2025 is the second edition of this annual ranking, which highlights the performance of the largest companies in Southeast Asia based on revenue ending on or before 31 December 2024. All data used has been rigorously verified with the support of global research institutions such as LSEG (London Stock Exchange Group), Bloomberg, and S&P Global Market Intelligence. This second edition also emphasizes Southeast Asia's growing strategic role in global supply chain shifts and the rapid growth of industries such as mining, electric vehicles (EVs), and artificial intelligence (AI). BRI President Director Hery Gunardi stated that this achievement is a clear testament to BRI's continued commitment to maintaining solid performance fundamentals amid global economic challenges and dynamics. According to him, this recognition further motivates the company to strengthen BRI's presence both nationally and globally. 'BRI's transformation into a universal banking institution is the answer. BRI aims not only to be the best bank for the MSME segment but also to serve the full spectrum of customer needs, from individuals to large corporations, across all levels of society,' he added. Hery Gunardi also expressed his appreciation to all Insan BRILiaN (BRI employees) and loyal BRI customers. 'I am extremely proud, and we dedicate this achievement to all Insan BRILiaN for their outstanding contributions, and to our loyal customers for their unwavering trust in us,' he concluded. For more information about BANK BRI, visit

BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing
BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing

Korea Herald

time25-06-2025

  • Business
  • Korea Herald

BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing

JAKARTA, Indonesia, June 25, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI) has officially issued its first Sustainable Social Bond Phase I Year 2025, valued at IDR 5 trillion. The issuance received strong interest with an oversubscription of IDR 6.57 trillion—1.31 times the initial target. This bond is part of BRI's Sustainable Public Offering Program I, which aims to raise a total of IDR 20 trillion. With this issuance, BRI becomes the first bank in Indonesia to issue a Social Bond. The agreement signing was attended by BRI President Director Hery Gunardi, Director of Treasury & International Banking Farida Thamrin, Director of Operations Hakim Putratama, joint lead underwriters, and supporting institutions. BRI President Director Hery Gunardi explained that the bank's decision to issue a Social Bond stems from the limited availability of socially focused securities instruments in Indonesia. "This also serves as concrete proof of BRI's commitment to maintaining ESG-oriented financing," said Hery. He further stated that the Social Bond issuance is aligned with the bank's strategy to strengthen its funding structure through the diversification of wholesale-based funding sources. "This move also serves as part of the company's strategy to broaden access to more competitive and sustainable capital markets," he added. The bond has received a Triple A (idAAA) rating from the Indonesian credit rating agency PEFINDO and is offered in three series: Series A: 2-year tenor with a fixed interest rate of 6.45% per annum Series B: 3-year tenor with a fixed interest rate of 6.55% per annum Series C: 5-year tenor with a fixed interest rate of 6.60% per annum Issued through a bookbuilding process, the bond involves prominent underwriters including PT BRI Danareksa Sekuritas, PT Trimegah Sekuritas Indonesia Tbk, PT Mandiri Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT Indo Premier Sekuritas, and PT Bahana Sekuritas. The Social Framework was developed with ESG Coordinator Bank DBS Indonesia. The bond will be listed on the Indonesia Stock Exchange (IDX) and registered with KSEI. Coupon payments will be made quarterly, with a full principal repayment (bullet payment) at maturity. Hery concluded that this issuance reinforces BRI's commitment to expanding financial inclusion and empowering communities through sustainable financing.

BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing
BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing

Associated Press

time25-06-2025

  • Business
  • Associated Press

BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing

JAKARTA, Indonesia, June 25, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI) has officially issued its first Sustainable Social Bond Phase I Year 2025, valued at IDR 5 trillion. The issuance received strong interest with an oversubscription of IDR 6.57 trillion—1.31 times the initial target. This bond is part of BRI's Sustainable Public Offering Program I, which aims to raise a total of IDR 20 trillion. With this issuance, BRI becomes the first bank in Indonesia to issue a Social Bond. The agreement signing was attended by BRI President Director Hery Gunardi, Director of Treasury & International Banking Farida Thamrin, Director of Operations Hakim Putratama, joint lead underwriters, and supporting institutions. BRI President Director Hery Gunardi explained that the bank's decision to issue a Social Bond stems from the limited availability of socially focused securities instruments in Indonesia. 'This also serves as concrete proof of BRI's commitment to maintaining ESG-oriented financing,' said Hery. He further stated that the Social Bond issuance is aligned with the bank's strategy to strengthen its funding structure through the diversification of wholesale-based funding sources. 'This move also serves as part of the company's strategy to broaden access to more competitive and sustainable capital markets,' he added. The bond has received a Triple A (idAAA) rating from the Indonesian credit rating agency PEFINDO and is offered in three series: Series A: 2-year tenor with a fixed interest rate of 6.45% per annum Series B: 3-year tenor with a fixed interest rate of 6.55% per annum Series C: 5-year tenor with a fixed interest rate of 6.60% per annum Issued through a bookbuilding process, the bond involves prominent underwriters including PT BRI Danareksa Sekuritas, PT Trimegah Sekuritas Indonesia Tbk, PT Mandiri Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT Indo Premier Sekuritas, and PT Bahana Sekuritas. The Social Framework was developed with ESG Coordinator Bank DBS Indonesia. The bond will be listed on the Indonesia Stock Exchange (IDX) and registered with KSEI. Coupon payments will be made quarterly, with a full principal repayment (bullet payment) at maturity. Hery concluded that this issuance reinforces BRI's commitment to expanding financial inclusion and empowering communities through sustainable financing. For more information about BANK BRI, visit View original content to download multimedia: SOURCE PT Bank Rakyat Indonesia Tbk (BRI)

BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing
BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing

Yahoo

time25-06-2025

  • Business
  • Yahoo

BRI Becomes First in Indonesia to Issue IDR 5 Trillion Social Bond to Support Inclusive, Sustainable Financing

JAKARTA, Indonesia, June 25, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI) has officially issued its first Sustainable Social Bond Phase I Year 2025, valued at IDR 5 trillion. The issuance received strong interest with an oversubscription of IDR 6.57 trillion—1.31 times the initial target. This bond is part of BRI's Sustainable Public Offering Program I, which aims to raise a total of IDR 20 trillion. With this issuance, BRI becomes the first bank in Indonesia to issue a Social Bond. The agreement signing was attended by BRI President Director Hery Gunardi, Director of Treasury & International Banking Farida Thamrin, Director of Operations Hakim Putratama, joint lead underwriters, and supporting institutions. BRI President Director Hery Gunardi explained that the bank's decision to issue a Social Bond stems from the limited availability of socially focused securities instruments in Indonesia. "This also serves as concrete proof of BRI's commitment to maintaining ESG-oriented financing," said Hery. He further stated that the Social Bond issuance is aligned with the bank's strategy to strengthen its funding structure through the diversification of wholesale-based funding sources. "This move also serves as part of the company's strategy to broaden access to more competitive and sustainable capital markets," he added. The bond has received a Triple A (idAAA) rating from the Indonesian credit rating agency PEFINDO and is offered in three series: Series A: 2-year tenor with a fixed interest rate of 6.45% per annum Series B: 3-year tenor with a fixed interest rate of 6.55% per annum Series C: 5-year tenor with a fixed interest rate of 6.60% per annum Issued through a bookbuilding process, the bond involves prominent underwriters including PT BRI Danareksa Sekuritas, PT Trimegah Sekuritas Indonesia Tbk, PT Mandiri Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT Indo Premier Sekuritas, and PT Bahana Sekuritas. The Social Framework was developed with ESG Coordinator Bank DBS Indonesia. The bond will be listed on the Indonesia Stock Exchange (IDX) and registered with KSEI. Coupon payments will be made quarterly, with a full principal repayment (bullet payment) at maturity. Hery concluded that this issuance reinforces BRI's commitment to expanding financial inclusion and empowering communities through sustainable financing. For more information about BANK BRI, visit View original content to download multimedia: SOURCE PT Bank Rakyat Indonesia Tbk (BRI) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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