“I hope you do well” it is the common courtesy of mailing to each other to break the ice at the first encounter. We tend to do the same even to our acquaintances, the same response on greetings in the virtual world. Have you counted, on a day we met how many people? The world filled by more than 7 Billion humans, had you met about a percent of them? Indonesia alone, there are 273,523,615 people based on worldometer.info. Today, we will look more about the oldest Bank in Indonesia that started in 1895, at Purwokerto, Central Java.
Have you come up with a name out of the above description? Its name is PT Bank Rakyat Indonesia (Persero) Tbk or known as BBRI. BBRI provides commercial banking activities and its related services. BBRI is a holding company, which engages in the provision of financial services. The segments that BBRI covers include micro-businesses, retail business, corporate business, and subsidiary business. The difference between micro, retail, and corporate is the size of the company. Micro is for individual and micro-entrepreneurs, The Retail is for small and medium-sized enterprises, and the Corporate segment caters the large corporations and institutions with international banking services, treasury services, and capital market support services. BBRI also includes conventional and sharia banking, financing services, remittance services, life insurance, general insurance, venture capital, and securities. BBRI Headquarters today is in Central Jakarta. The Director in charge is Sunarso, with Andrinof A. Chaniago as the Chief of Commissioner.
Key Financial Statistics
Highlights of 2020
- BBRI is the best Bank from Indonesia based on Top 1.000 World Banks, The Banker version. BBRI at the position 112 worldwide elevates from 128 the year before.
- BBRI joint partnership with PT Telkom Indonesia (Persero) Tbk (TLKM) at satellite-based technology service collaboration that has been signed on 30 July 2020.
- In the first semester of 2020, BBRI able to achieve IDR 8.17 T only 0.3% lower than 2019, meanwhile many companies suffer from the pandemic effect. BBRI still stands strong and does very well.
IHSG consists of 700 companies that listed and open for trading every day. It’s a fact that BBRI always appears on the big ten according to the value transactions daily in the past 4 months. Similarities between IHSG and BBRI is they have a lot of investors inside them. The price does not easily change drastically although BBRI is one of the LQ45 that is categorically a liquid company and blue-chip so they say. 2020 record of the lowest versus the highest is 2170/share and 4740/share. The spectrum is still at large for BBRI to get what has lost. If it’s not happening at Q4 2020, it will happen at Q2 2021. Invest? Trading? BBRI is worth investing, trading is not recommendable. Pick your company, choose what you deemed strong to surpass this storm.
Enjoy life, not just barely survive.Hopemity