JAKARTA, Indonesia, Sept. 17, 2024 /PRNewswire/ -- Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) celebrates the third anniversary of Ultra Micro Holding (UMi), which has made significant progress in promoting financial inclusion and economic empowerment in Indonesia. Established on September 13, 2021, UMi - comprising BRI, PT Pegadaian and PT Permodalan Nasional Madani (PNM) - has improved financial access for MSMEs, particularly in the ultra-micro segment. The ecosystem now serves more than 176 million depositors and 36.1 million borrowers, with financing exceeding IDR 622.3 trillion.
https://mma.prnewswire.com/media/2507551/Jakarta__09_17____BRI_s_Ultra_Micro_Holding_Marks_Three.jpg [https://mma.prnewswire.com/media/2507551/Jakarta__09_17____BRI_s_Ultra_Micro_Holding_Marks_Three.jpg]
BRI President Director, Sunarso, said, "We express our sincere gratitude to President Joko Widodo, the Ministry of State-Owned Enterprises (BUMN), regulators, all our customers and the wider community who have been part of our journey. These three years are just the beginning of our long-term commitment to expanding financial inclusion and empowering ultra-micro entrepreneurs in Indonesia."
Separately, Indonesia's Minister of State-Owned Enterprises, Erick Thohir, highlighted the establishment of Ultra Micro Holding as a strategic move to unite BRI, Pegadaian and PNM to strengthen the competitiveness of MSMEs, saying, "With 65 million MSMEs contributing 61% of GDP and 97% of employment, their impact on the economy is significant." He reiterated Ultra Micro Holding's commitment to supporting ultra-micro and MSME businesses.
Key Achievements of Ultra Micro Holding in Three Years:
1. Expanded Access to Financing: Reaching over 36.1 million borrowers,
including 13.4 million from BRI, 15 million women from PNM, and 7.7
million Pegadaian customers.
2. Enhanced Financial Inclusion: Serving 176 million deposit customers with
total savings of IDR 313.9 trillion. The public also benefits from 15.2
million micro-insurance policies, 3.1 million gold savings customers, and
35.2 million BRImo app users.
3. Synergy through 1,025 Senyum Co-Locations: Offering integrated services
from BRI, Pegadaian, and PNM in one place, with 75,000 marketing
personnel improving efficiency and expanding service reach.
4. Community Empowerment Programs: Providing financial literacy,
entrepreneurship training, and business support to millions of micro and
ultra-micro businesses through initiatives including Link UMKM, BRI
Menanam, and Mekaar Group Savings offer entrepreneurship, financial
management, and digital marketing education to ultra-micro entrepreneurs.
To date millions of micro and ultra-micro businesses have benefited,
contributing to improved community economic well-being.
For more information about Bank BRI, please visit: https://www.bri.co.id/ [https://www.bri.co.id/]
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Photo: https://mma.prnewswire.com/media/2507551/Jakarta__09_17____BRI_s_Ultra_Micro_Holding_Marks_Three.jpg PT Bank Rakyat Indonesia Tbk (BRI)CONTACT: For media inquiries, please contact: humas@bri.co.id
