Daily BriefsIndonesia

Daily Brief Indonesia: Bank Rakyat Indonesia and more

In today’s briefing:

  • Bank Rakyat Indonesia (BBRI IJ) – Shifting to Higher Yield Products


Bank Rakyat Indonesia (BBRI IJ) – Shifting to Higher Yield Products

By Angus Mackintosh

  • Bank Rakyat Indonesia (BBRI IJ) continues to march to the tune of its micro-lending capabilities with recent moves focused on growing its higher-yield Kupedes and ultra-micro loans. 
  • Upward pressure on funding costs in 1Q2023 was more than offset by a shift to higher-yield loans and lower cost of credit, with greater efficiencies through digital initiatives.
  • Bank Rakyat Indonesia (BBRI IJ) is somewhat overcapitalized which allows for higher dividend payout and higher ROEs over time. The bank remains a core holding in Indonesia 

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