Ursa Minor

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

Retrieved on: 
Thursday, September 7, 2023

(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

(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.

BRI Readies to Expand Financial Portfolio as Indonesia's Minister of State-Owned Enterprises Promotes Sustainable Financing at AIPF 2023

Retrieved on: 
Wednesday, September 6, 2023

(IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).

Key Points: 
  • (IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).
  • Three key issues have been addressed: green infrastructure and supply chains, digital transformation, and the creative economy, as well as sustainable financing," stated Erick Thohir, Indonesia's Minister of State-Owned Enterprises.
  • BRI's President Director, Sunarso, revealed that BRI has embraced digital transformation as a strategy to create innovative financial products and services.
  • This accomplishment solidifies BRI's position as Indonesia's foremost sustainable bank, with the country's largest sustainable finance portfolio.

BRI Readies to Expand Financial Portfolio as Indonesia's Minister of State-Owned Enterprises Promotes Sustainable Financing at AIPF 2023

Retrieved on: 
Wednesday, September 6, 2023

(IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).

Key Points: 
  • (IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).
  • Three key issues have been addressed: green infrastructure and supply chains, digital transformation, and the creative economy, as well as sustainable financing," stated Erick Thohir, Indonesia's Minister of State-Owned Enterprises.
  • BRI's President Director, Sunarso, revealed that BRI has embraced digital transformation as a strategy to create innovative financial products and services.
  • This accomplishment solidifies BRI's position as Indonesia's foremost sustainable bank, with the country's largest sustainable finance portfolio.

Return on Equity Soars to 21% as BRI Shares Hit All-Time High Again

Retrieved on: 
Thursday, May 25, 2023

On 19 May 2023, BRI achieved an all-time high with shares reaching IDR 5,400 per share, resulting in a market capitalization of IDR 818.4 trillion.

Key Points: 
  • On 19 May 2023, BRI achieved an all-time high with shares reaching IDR 5,400 per share, resulting in a market capitalization of IDR 818.4 trillion.
  • The positive trend continued into the following week, as BRI shares exceeded IDR 5,500 per-share on 23 May 2023.
  • This is one of the reasons why BRI shares traded below IDR 5,000 last year," explained Sunarso.
  • At the same time, BRI was able to deliver a return on equity of 21.18% in Q1 2023.

The Race in AI Technology Continues as Google and Elon Musk Aim to Compete Against ChatGPT's Fame

Retrieved on: 
Wednesday, March 8, 2023

AI machine learning system, explaining how this system aspires to compete in a growing competitive landscape.

Key Points: 
  • AI machine learning system, explaining how this system aspires to compete in a growing competitive landscape.
  • Microsoft has invested billions into Open A.I., the company that created ChatGPT, and plans to incorporate the technology into its Bing search engine.
  • It relies on NLP technology to communicate with its users, and is capable of summarizing topics and obeying the rules of grammar.
  • -AI machine learning technology, Hippocrates focuses on both preventive and primary care to provide first line of health-related advice and recommendations.

BigBear.ai to Showcase AI/ML Situational Awareness and Predictive Forecasting Solution at Exclusive U.S. Naval Forces Central Command International Maritime Exercise 2023

Retrieved on: 
Wednesday, March 1, 2023

The three-week unmanned and artificial intelligence integration event in Bahrain and Jordan aims to advance the U.S.

Key Points: 
  • The three-week unmanned and artificial intelligence integration event in Bahrain and Jordan aims to advance the U.S.
  • Naval Forces Central Command’s efforts to integrate new unmanned technologies and artificial intelligence.
  • “We’re elated to continue our partnership with Task Force 59 and showcase innovation in AI/ML-based forecasting and computer vision capabilities,” said Mandy Long, CEO of BigBear.ai.
  • Ursa Minor provides analysts and decision-makers with real-time situational awareness, predictive forecasts, and computer vision capabilities.

After Completing Share Buybacks of IDR 3 Trillion, BRI Adds Another IDR 1.5 Trillion

Retrieved on: 
Tuesday, February 7, 2023

The new share buyback plan was announced at the end of January 2023 after BRI completed share buybacks worth IDR 3 trillion.

Key Points: 
  • The new share buyback plan was announced at the end of January 2023 after BRI completed share buybacks worth IDR 3 trillion.
  • In total, BRI successfully completed 647,385,900 share buybacks with a total value of IDR 2,999,999,915,000.
  • In Q3 2022, BRI was able to make a profit of IDR 39.31 trillion or 106.14% year-on-year (YoY) growth with total assets increasing 4.00% YoY to IDR 1,684.60 trillion.
  • Since BRI has the capabilities for the share buybacks while the demand for employees welfare by giving shares also exists, we have decided to do the share buybacks," concluded Sunarso.

BigBear.ai Showcases Leading Technology at Exclusive Unmanned & AI Systems Integration Event

Retrieved on: 
Thursday, December 15, 2022

Naval Forces Central Commands efforts to integrate new unmanned technologies and artificial intelligence while establishing the worlds first unmanned surface vessel fleet by the end of summer 2023.

Key Points: 
  • Naval Forces Central Commands efforts to integrate new unmanned technologies and artificial intelligence while establishing the worlds first unmanned surface vessel fleet by the end of summer 2023.
  • Our participation at Digital Horizon shows we are truly a leading provider of AI solutions to our nations most critical challenges, said Mandy Long, CEO of BigBear.ai.
  • Partnering with Accenture Federal Services, BigBear.ai employed data integration and artificial intelligence systems during the event.
  • 17 other industry partners brought 15 different types of unmanned systems to the event.

G20 SOE Conference: Successfully Accelerating Financial Inclusion, BRI Receive Acknowledgement from Harvard Kennedy Professor

Retrieved on: 
Friday, October 21, 2022

BRI is considered to successfully execute a commitment to financial inclusivity and encourage MSMEs growth in Indonesia through financial disbursement.

Key Points: 
  • BRI is considered to successfully execute a commitment to financial inclusivity and encourage MSMEs growth in Indonesia through financial disbursement.
  • Rosengard stated, "When agricultural technology began to penetrate, BRI played an important role in enabling financial aid.
  • Rosengard also praised BRI for excellently implementing ESG principles which have contributed significantly to MSMEs sustainable growth.
  • "BRI is a successful phenomenon of Green Revolution and is the world's biggest and most successful profitable micro banking.