One Year of Ultra-Micro Holding Has Accelerated Financial Inclusion in Indonesia

PT Bank Rakyat Indonesia Tbk (BRI)

PR97876

 

JAKARTA, Indonesia, Sept. 16, 2022 /PRNewswire=KYODO JBN/ --

 

The Ultra-Micro (UMi) Holding of PT Bank Rakyat Indonesia (Persero) Tbk. (IDX:

BBRI) with PT Pegadaian and PT Permodalan Nasional Madani (PNM) have proven

successful in improving people's welfare and accelerating financial inclusion.

 

More than 23.5 million customers with IDR 183.9 trillion outstanding financing

have been integrated by the UMi Holding entities. This achievement is in line

with one of the priority agendas of Financial Inclusion in the G20 Presidency

in Indonesia.

 

In August 2022, the integration of services of the UMi Holding entities or

co-location of Gerai Senyum reached 1,003 outlets with the initial target of

978. The number of new savers reached 6.85 million, while the initial target

was 3.3 million. PNM Mekaar customers joining BRILink reached 40,121.

 

BRI President Director Sunarso said that there have been positive results as

BRI, Pegadaian, and PNM are reaching all business segments efficiently. "The

key is to synergize. BRI, Pegadaian, and PNM have been focused on dealing with

MSMEs, targeting 55 million ultra-micro customers in Indonesia."

 

In addition, with the assistance targeted to help individuals who are not yet

bankable, customers are given the choice of accessing pawn-based capital

through Pegadaian or taking loans from BRI through the Kupedes product.

 

The development is inseparable from the resources of the UMi Holding entities.

BRI Group has a network covering 6,500 micro-outlets, 3,600 PNM outlets, 4,000

Pegadaian outlets, and more than 530,000 BRILink agents. Furthermore, BRI Group

has more than 63,000 financial advisors strengthening the micro payment

ecosystem.  

 

Minister of State-Owned Enterprises Erick Thohir explained how the UMi Holding

has empowered people's economy. "First, state-owned enterprises ensure MSMEs

get appropriate financing and assistance. Second, maintaining the supply chain

like how we consolidate BRI, PNM, and Pegadaian, ensures MSMEs level up from

the ultra-micro class; through PNM's loan of IDR 1 million to IDR 4 million,

going up to Pegadaian's loan of IDR 20 million to IDR 50 million."

 

The UMi Holding has proved that the state's presence is necessary to lift the

people's economy and how large companies and corporations must synergize with

all business actors.

 

For more information about Bank BRI, visit www.bri.co.id.

 

Source: PT Bank Rakyat Indonesia Tbk (BRI)

 

Image Attachments Links:

 

   Link: http://asianetnews.net/view-attachment?attach-id=429606

 

   Caption: The Ultra-Micro (UMi) Holding of PT Bank Rakyat Indonesia (Persero) Tbk. with

PT Pegadaian and PT Permodalan Nasional Madani (PNM)

 

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