IDX | Jotup

Credit Surges by 12.53%, BRI's Profit Soars to IDR 44.21 Trillion in 9 Months

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Wednesday, November 1, 2023

(IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.

Key Points:

(IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.
BRI's entire credit portfolio grew, with MSME loans up by 11.01% from IDR 935.86 trillion in Q3 2022 to IDR 1,038.90 trillion in Q3 2023, now accounting for 83.06% of the total credit.
Furthermore, the bank's commitment to ESG principles is shown by an 11.89% growth in ESG-related loans, totaling IDR 750.91 trillion, making up 66.1% of the credit portfolio.
Maintaining credit quality lowered Credit Cost to 2.44% in Q3 2023, with Non-Performing Loan Coverage at 228.65%.

Bank BTN recognized with Asian Experience Awards 2023 for Credit and Customer Service Transformation

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Friday, October 6, 2023

Public sector banks in India, TBK, CMG, KUR, IDX, Risk, Charlton Media Group, CBC, Institution, Ecosystem, Credit, BTN, Bank, 2010 housing loan scam in India, SME, Bank Tabungan Negara, BBTN, Housing, Film industry

SINGAPORE, Oct 6, 2023 - (ACN Newswire) - PT Bank Tabungan Negara (Persero) Tbk ("Bank BTN"; IDX: BBTN) has received two awards from The Asian Business Review at the Asian Experience Awards 2023 ceremony held on Thursday, October 5, 2023, in Singapore.

Key Points:

SINGAPORE, Oct 6, 2023 - (ACN Newswire) - PT Bank Tabungan Negara (Persero) Tbk ("Bank BTN"; IDX: BBTN) has received two awards from The Asian Business Review at the Asian Experience Awards 2023 ceremony held on Thursday, October 5, 2023, in Singapore.
BTN received the awards in the categories of Indonesia Service Experience of the Year and Indonesia Partner Experience of the Year.
Hakim Putratama, BTN Director of Institutional Banking, receiving awards from Simon Hyett, Charlton Media Group (CMG), at the Asian Experience Awards 2023 on Oct. 5 in Singapore.
BTN was honored with Indonesia Service Experience of the Year and Indonesia Partner Experience of the Year.

BRI Strengthens Commitment to Sustainable Finance with New Green Bonds

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Wednesday, October 4, 2023

The 2023 Green Bonds Phase II was oversubscribed 2.66 times during the book-building period, reaffirming BRI as Indonesia's largest domestic green bonds issuer after an IDR 5 trillion issuance in 2022.

Key Points:

The 2023 Green Bonds Phase II was oversubscribed 2.66 times during the book-building period, reaffirming BRI as Indonesia's largest domestic green bonds issuer after an IDR 5 trillion issuance in 2022.
Proceeds from the Green Bonds issuance will mainly support renewable energy, energy efficiency, pollution control, eco-friendly transportation, and sustainable land use projects.
This highlights BRI's commitment to a Green Economy and Sustainable Principles, with previous issuances including Sustainable Bonds, Sustainable-Linked Loans, Medium-Term Notes, and Subordinated Debt.
"The Green Bonds issuance also saw demand from retail investors, showcasing BRI's commitment to the government's financial inclusion strategy.

Investis Digital (IDX) opens new content production studio stateside; appoints Head of Studios and Events

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Tuesday, October 3, 2023

CPG, Organization, IDX, Omnicom Group, Motion, Foodservice, Life, Marketing, Video game, Studio

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- Investis Digital (IDX) , a leading digital communications and data solutions business, today announced the launch of Studios by IDX , a full-service digital content creation hub in South Florida.

Key Points:

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- Investis Digital (IDX) , a leading digital communications and data solutions business, today announced the launch of Studios by IDX , a full-service digital content creation hub in South Florida.
Managed by Ray Redmond, Global Head of Studios and Events, Studios by IDX further demonstrates the company's commitment to deliver ConnectedContent™ solutions to brand-conscious clients and organizations around the globe.
IDX announces the launch of Studios by IDX, a full-service digital content creation hub in South Florida.
We believe that content is the fuel for effective digital communications, and I look forward to integrating our studio production capabilities with IDX's offerings of performance marketing, ConnectedContent™ with data and IR/corporate digital communications," Redmond said.

ACX's technology to power Indonesia Carbon Exchange

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Tuesday, September 26, 2023

Heart, Request for proposal, ACX, OJK, IDX, ABU, Carbon, Indonesia Stock Exchange, Ecosystem, Environmental Product Declaration, Cryptocurrency, Renewable energy

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.

Key Points:

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
Launched on 26thSeptember 2023, with its first carbon trades, Indonesia's official carbon exchange, IDXCarbon, will play a vital role in reducing Indonesia's carbon emissions and driving Indonesia's transition to reach net zero emissions by 2060.
With that, the exchange will play a central role and promote transparency, accountability, and efficiency in the Indonesian carbon market.
"We are honoured to be the technology provider for Indonesia's carbon exchange and to contribute towards the country's vision of a fair and inclusive carbon ecosystem," said Thomas McMahon, co-CEO and co-Founder of ACX.

ACX's technology to power Indonesia Carbon Exchange

Retrieved on:

Tuesday, September 26, 2023

Heart, Request for proposal, ACX, OJK, IDX, ABU, Carbon, Indonesia Stock Exchange, Ecosystem, Environmental Product Declaration, Cryptocurrency, Renewable energy

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.

Key Points:

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
Launched on 26thSeptember 2023, with its first carbon trades, Indonesia's official carbon exchange, IDXCarbon, will play a vital role in reducing Indonesia's carbon emissions and driving Indonesia's transition to reach net zero emissions by 2060.
With that, the exchange will play a central role and promote transparency, accountability, and efficiency in the Indonesian carbon market.
"We are honoured to be the technology provider for Indonesia's carbon exchange and to contribute towards the country's vision of a fair and inclusive carbon ecosystem," said Thomas McMahon, co-CEO and co-Founder of ACX.

BRI Excels with Robust Capital and Return on Equity

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Monday, September 25, 2023

IDR, LDR, BRI, BBRI, IDX, NPL, CAR, Yoy, Growth, Value, Bank, Edhi Sunarso, ROE

(IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.

Key Points:

(IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.
"When the capital is exceptionally strong, the usual compensation is a lower ROE due to the sheer size of the capital.
BRI rises to this challenge with its formidable capital base, signifying the bank's robust capital health.
This strong capital is leveraged to generate revenue and an impressive return as proven by a 20.01% ROE."

BRI Excels with Robust Capital and Return on Equity

Retrieved on:

Monday, September 25, 2023

IDR, LDR, BRI, BBRI, IDX, NPL, Multimedia, CAR, Yoy, Growth, Value, Bank, Edhi Sunarso, ROE

(IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.

Key Points:

(IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.
"When the capital is exceptionally strong, the usual compensation is a lower ROE due to the sheer size of the capital.
BRI rises to this challenge with its formidable capital base, signifying the bank's robust capital health.
This strong capital is leveraged to generate revenue and an impressive return as proven by a 20.01% ROE."

BRI's Ultra-Micro Holding Continues Sustainable Financing for 36 Million Customers

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Thursday, September 7, 2023

IDR, BRI, Ursa Minor, ASEAN, Marketing, BBRI, AIPF, IDX, PNM, Acquisition, Biophysical environment, ESG, Yoy, Ecosystem, Social, Retail, Pegadaian, Brimo

(IDX: BBRI), PT Pegadaian and PT Permodalan Nasional Madani (PNM) have been jointly advancing sustainable financing practices in Indonesia's ultra-micro segment through the Ultra-Micro (UMi) Holding.

Key Points:

(IDX: BBRI), PT Pegadaian and PT Permodalan Nasional Madani (PNM) have been jointly advancing sustainable financing practices in Indonesia's ultra-micro segment through the Ultra-Micro (UMi) Holding.
Sunarso, BRI's President Director, highlighted that Ultra Micro Holding (UMi) integrated over 36 million loan customers and 162 million micro-savings customers into its network, supported by 1,013 SENYUM (Ultra-Micro Service Centers) in Q2 2023.
The UMi Holding has empowered 76 thousand financial advisors, comprising of agents from BRI and PNM Mekaar, and Pegadaian's marketing personnel.
As of June 2023, the user base reached more than 27.8 million, marking a 50.6% Year-on-Year (YoY) increase.

BRI's Ultra-Micro Holding Continues Sustainable Financing for 36 Million Customers

Retrieved on:

Thursday, September 7, 2023

IDR, BRI, Ursa Minor, ASEAN, Marketing, BBRI, AIPF, IDX, Multimedia, PNM, Acquisition, Biophysical environment, ESG, Yoy, Ecosystem, Social, Retail, Pegadaian, Brimo

(IDX: BBRI), PT Pegadaian and PT Permodalan Nasional Madani (PNM) have been jointly advancing sustainable financing practices in Indonesia's ultra-micro segment through the Ultra-Micro (UMi) Holding.

Key Points:

(IDX: BBRI), PT Pegadaian and PT Permodalan Nasional Madani (PNM) have been jointly advancing sustainable financing practices in Indonesia's ultra-micro segment through the Ultra-Micro (UMi) Holding.
Sunarso, BRI's President Director, highlighted that Ultra Micro Holding (UMi) integrated over 36 million loan customers and 162 million micro-savings customers into its network, supported by 1,013 SENYUM (Ultra-Micro Service Centers) in Q2 2023.
"BRI's focus is to uplift business actors, embarking on a structured and systematic journey in a unified ecosystem."
The UMi Holding has empowered 76 thousand financial advisors, comprising of agents from BRI and PNM Mekaar, and Pegadaian's marketing personnel.