BRI's UMKM Credit Disbursement Reaches 83.86% in Q1 2023

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Erlina Fury Santika 07/08/2023 18:16 WIB

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BRI's credit disbursement to MSMEs reached Rp989.6 trillion in Q1 2023. It continues to increase.

SME Credit Value and Total Disbursement Across All Sectors by BRI (January-March 2023)

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BRI's UMKM Credit Disbursement Reaches 83.86% in Q1 2023

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SME Credit Value and Total Disbursement Across All Sectors by BRI (January-March 2023)

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PT Bank Rakyat Indonesia (Persero) Tbk, or BRI, recorded IDR 989.6 trillion in disbursed UMKM sector loans in Q1 2023. This figure represents 83.86% of the total UMKM credit portfolio.

BRI stated that this value increased compared to the same period last year (year-on-year/yoy) by IDR 903.3 trillion.

BRI's total credit across all sectors reached IDR 1,180.1 trillion by Q1 2023. This figure is up from BRI's total credit portfolio of IDR 1,075.9 trillion (yoy).

BRI explained that its credit growth was supported by the micro segment, which saw an 11.18% (yoy) increase. The growth in the UMKM segment was accompanied by a 27.37% (yoy) increase in consolidated profit (BRI Group) to IDR 15.56 trillion.

Furthermore, BRI Group's assets grew by 10.46% (yoy) to IDR 1,822.97 trillion.

Amam Sukriyanto, Director of Small and Medium Enterprises at BRI, said that BRI's positive performance in Q1 2023 was inseparable from the growth in UMKM credit disbursement.

In disbursing UMKM credit, Amam mentioned that BRI prioritizes empowerment, directly assisting and boosting the capabilities of business actors.

As explained earlier, BRI's UMKM segment credit accounts for 83.86% of BRI's total credit, equivalent to IDR 989.6 trillion. The target is to reach 85% in 2024.

"We are optimistic that BRI's performance will improve in 2023, with projected credit growth at 10%-12%. This growth is mainly driven by the UMKM segment," said Amam on BRI's official website.

Editor : Erlina Fury Santika

"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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BRI's UMKM Credit Disbursement Reaches 83.86% in Q1 2023

BRI's UMKM Credit Disbursement Reaches 83.86% in Q1 2023

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BRI's UMKM Credit Disbursement Reaches 83.86% in Q1 2023

BRI's UMKM Credit Disbursement Reaches 83.86% in Q1 2023

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KUR Disbursement Value for the Agricultural Sector in Aceh, North Sumatra, and West Sumatra

History of Indonesian Government Debt Interest Payments, 2015-2024

Distribution of KUR Debtors, October 2025: Majority on Java Island

New Record: KUR Realization in Production Sector Hits 60% by 2025

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