BRI's Ultra Micro Holding Marks Three Years, Serving 176 Million Customers and 36.1 Million Borrowers

JAKARTA,Indonesia,Sept. 17,2024 -- BankRakyat Indonesia (Persero) Tbk (IDX: BBRI) celebrates the third anniversary of Ultra Micro Holding (UMi),which has made significant progress in promoting financial inclusion and economic empowerment in Indonesia. Established on September 13,2021,UMi - comprising BRI,PT Pegadaian and PT Permodalan Nasional Madani (PNM) - has improved financial access for MSMEs,particularly in the ultra-micro segment. The ecosystem now serves more than 176 million depositors and 36.1 million borrowers,with financing exceeding IDR 622.3 trillion.

(Jakarta (09/17) - BRI’s Ultra Micro Holding Marks Three Years,Serving 176 Million Customers and 36.1 Million Borrowers)

BRI President Director,Sunarso,said,"We express our sincere gratitude to President Joko Widodo,the Ministry of State-Owned Enterprises (BUMN),regulators,all our customers and the wider community who have been part of our journey. These three years are just the beginning of our long-term commitment to expanding financial inclusion and empowering ultra-micro entrepreneurs in Indonesia."

Separately,Indonesia's Minister of State-Owned Enterprises,Erick Thohir, highlighted the establishment of Ultra Micro Holding as a strategic move to unite BRI,Pegadaian and PNM to strengthen the competitiveness of MSMEs,saying,"With 65 million MSMEs contributing 61% of GDP and 97% of employment,their impact on the economy is significant." He reiterated Ultra Micro Holding's commitment to supporting ultra-micro and MSME businesses.

Key Achievements of Ultra Micro Holding in Three Years:

Expanded Access to Financing: Reaching over 36.1 million borrowers,including 13.4 million from BRI,15 million women from PNM,and 7.7 million Pegadaian customers.

Enhanced Financial Inclusion: Serving 176 million deposit customers with total savings of IDR 313.9 trillion. The public also benefits from 15.2 million micro-insurance policies,3.1 million gold savings customers,and 35.2 million BRImo app users.

Synergy through 1,025 Senyum Co-Locations: Offering integrated services from BRI,Pegadaian,and PNM in one place,with 75,000 marketing personnel improving efficiency and expanding service reach.

Community Empowerment Programs: Providing financial literacy,entrepreneurship training,and business support to millions of micro and ultra-micro businesses through initiatives including Link UMKM,BRI Menanam,and Mekaar Group Savings offer entrepreneurship,financial management,and digital marketing education to ultra-micro entrepreneurs. To date millions of micro and ultra-micro businesses have benefited,contributing to improved community economic well-being.

For more information about Bank BRI,please visit: https://www.bri.co.id/