Jakarta. Indonesia’s largest banks posted positive results as the country’s economy continued its recovery in the post-pandemic era.
State-owned Bank Rakyat Indonesia (BRI) has once again secured its position as the top bank in terms of net profit. BRI recorded a net profit of Rp 60.4 trillion ($3.83 billion) throughout 2023, surging by 17.5 percent on a year-on-year basis.
BRI distributed loans totaling Rp 1,266.4 trillion last year, reflecting an 11.2 percent year-on-year increase.
BRI’s loans were primarily driven by the disbursement of loans to micro,…
