PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced the commencement of a share buyback process for BBRI shares. This strategic move comes in response to significant adjustments in BBRI's share price following the release of the Q1 2024 Financial Report. The buyback program, which was approved at the Annual General Meeting (AGM) on March 13, 2023, allows BRI to repurchase up to IDR 1.5 trillion worth of BBRI shares within 18 months from the date of the AGM approval.
PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced a robust profit of IDR 15.98 trillion for the first quarter of 2024, despite challenging global economic and geopolitical conditions. At the financial performance press conference, BRI's President Director Sunarso discussed the impact of high US interest rates and Middle East tensions on the Rupiah and stock indices, expressing optimism and highlighting domestic resilience. Sunarso emphasized, "BRI recognizes Indonesia's current econo
PT Bank Rakyat Indonesia (BRI) Persero Tbk. (IDX: BBRI) is unveiling the major success of BRImo, its flagship app for mobile banking services that are accessible anytime, anywhere. Launched in 2019, BRImo has already grown its database from 2.9 million to 31.6 million total users and reached IDR 4.158 trillion transaction value in December 2023. The number surpassed the reach of numerous other mobile banking solutions from its peers.