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BRI's Aset Bank Surpasses Bank Mandiri

14/03/2018 08:17 WIB

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BRI Bank's assets increased by Rp 122.6 trillion to Rp 1,126.25 trillion, surpassing Bank Mandiri's asset growth of only Rp 86 trillion, reaching Rp 1,124.7 trillion.

BRI and Bank Mandiri Asset Data 2010-2017

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BRI and Bank Mandiri Asset Data 2010-2017

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Bank Rakyat Indonesia Persero Tbk (BBRI) is now Indonesia's largest bank by assets, surpassing PT Bank Mandiri Persero Tbk (BMRI) in 2017. Both of these state-owned banks have had assets exceeding Rp 1,000 trillion since 2016.

Based on the 2017 financial year-end reports, BBRI's total assets increased by Rp 122.6 trillion to Rp 1,126.25 trillion, exceeding Bank Mandiri's total assets, which only grew by Rp 86 trillion to Rp 1,124.7 trillion. This marks the first time BBRI's assets have surpassed BMRI's. Bank Mandiri was previously known as Indonesia's largest bank by assets.

For information, BBRI recorded a 10.7% increase in profit throughout 2017, reaching Rp 28.99 trillion from Rp 26.19 trillion the previous year. Meanwhile, BMRI's profit surged by almost 50% to Rp 20.64 trillion from Rp 13.8 trillion.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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