PT Bank Rakyat Indonesia (Persero) Tbk (BYRA.MU)
- PR Newswire
BRI Receives Analysts Buy Recommendation as MSMEs Financing Strategy Drives Growth
PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) remains Indonesia's leading MSME (Micro, Small and Medium Enterprise) financier, with its credit portfolio growing to IDR 1,308.65 trillion by March 2024, up 10.89% year-on-year. Over 83% of this, or IDR 1,089.41 trillion, was allocated to MSMEs.
- PR Newswire
BRI Reports Robust Q1 Profit, Drawing 'Buy' Recommendations from Analysts
PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) reports a profit of IDR 15.98 trillion for the first quarter of 2024, prompting most analysts to maintain a 'Buy' recommendation on BBRI shares.
- PR Newswire
BRI Signals Strength: Launches Buyback Amidst Stock Price Corrections
PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced the commencement of a share buyback process for BBRI shares. This strategic move comes in response to significant adjustments in BBRI's share price following the release of the Q1 2024 Financial Report. The buyback program, which was approved at the Annual General Meeting (AGM) on March 13, 2023, allows BRI to repurchase up to IDR 1.5 trillion worth of BBRI shares within 18 months from the date of the AGM approval.
