Micro loans were down 0.9% quarter-on-quarter in Q2. Bank Rakyat Indonesia (BRI) is expected to benefit from upcoming rate cuts, but the micro segment’s asset quality outlook will remain under ...

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 ...

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.

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 ...

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 ...