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Jakarta Post

BRI Indonesia’s largest public company: Forbes

  • News Desk

    The Jakarta Post

Jakarta   /   Tue, May 21, 2019   /   04:08 pm
BRI Indonesia’s largest public company: Forbes A customer leaves an ATM booth of state-owned lender Bank Rakyat Indonesia (BRI) in Kediri, East Java, in Marcha 2018. (Antara/ Prasetia Fauzani)

State-owned lender PT Bank Rakyat Indonesia (BRI) remains the largest public company in the country, according to a global list of companies compiled by Forbes.

On Forbes’ list of the 2,000 largest companies of the world, released on May 15, BRI was seen in 363rd position, higher than any other Indonesian enterprise.

BRI corporate secretary Bambang Tribaroto hailed this as a result of the lender’s performance in 2018.

“The recognition shows that BRI’s performance was noted by the international community,” Bambang said as quoted by on Tuesday, adding that the lender had held the top spot in Indonesia since 2015.

The Global 2000: The World’s Largest Companies consists of 2,000 top companies listed on stock markets all over the globe.

Forbes issues the list annually based on an assessment of the companies’ sales, profits, assets and market value. (bbn)