BRI's Net Profit Down 16% in Q1 2021

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Andrea Lidwina 27/05/2021 15:32 WIB

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PT Bank Rakyat Indonesia Tbk (BBRI)'s net profit in Q1 2021 reached Rp 6.83 trillion. This figure is down 16.4% compared to the same period last year, which was Rp 8.16 trillion.

BRI Net Profit per Quarter I (2017-2021)

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BRI's Net Profit Down 16% in Q1 2021

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BRI Net Profit per Quarter I (2017-2021)

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PT Bank Rakyat Indonesia Tbk (BBRI)'s net profit in Q1 2021 reached Rp 6.83 trillion. This figure represents a 16.4% decrease compared to the same period in the previous year, which was Rp 8.16 trillion.

This decline in BBRI's net profit follows a similar trend observed in two other state-owned banks in Q1 2021, namely PT Bank Mandiri Tbk (BMRI) and PT Bank Negara Indonesia Tbk (BBNI). Both recorded net profit decreases of 25.2% and 43.9%, respectively.

Despite the decrease in net profit, BBRI's assets increased by 3.8% in the first three months of this year, reaching Rp 1,411 trillion from Rp 1,358 trillion.

Editor : Dimas Jarot Bayu

"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."