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Bank-Rakyat-Indonesia

Business 5 years ago

Garuda gets $382 million in loans from BRI to fund working capital

Both facilities, Garuda said, would be due on Dec. 21.

Business 5 years ago

State banks say debt relief program could harm bottom line

The association of state-owned banks (Himbara) said the loan repayment relaxations could have a negative impact on the banks’ liquidity.

Business 5 years ago

State-owned banks restructure $1.84b in loans to soften COVID-19 impacts

The COVID-19 pandemic is hampering economic activity and weakening debtors’ ability to pay back loans.

Business 5 years ago

Sixty-one listed companies ready to buy back shares to prop up prices: OJK

More publicly-listed companies are joining the plan to buy back shares as economic uncertainty caused by the COVID-19 outbreak continues to undermine stock prices.

Business 5 years ago

Local banks offer relief to help borrowers and themselves in COVID crisis

A number of local banks have announced relief programs to help corporate and individual borrowers cope with uncertainties caused by the coronavirus outbreak, which has severely hit business activities in the country.

Business 5 years ago

PREMIUM
Erick Thohir asks SOEs to issue global bonds to help shore up flagging rupiah

The rupiah slightly increased to 16,485 per US dollar on Tuesday afternoon after falling 3.85 percent to Rp 16,575 per dollar on Monday

Business 5 years ago

Listed companies to buy back shares as market rout continues

Of the 32 companies, BRI announced the biggest buyback, allocating Rp 3.8 trillion for the repurchase of shares.

Business 6 years ago

PREMIUM
State-owned companies promise higher dividends, stock buyback to help economy

All four state-owned banks have allocated larger dividends earlier than last year as the government struggles with low tax collection.

Business 6 years ago

Grab teams up with BRI to support start-ups through GVV program

Under the program, Grab and BRI Ventures will invest US$10 million in the third GVV program, which will give start-ups the opportunity to get market access through Grab's ecosystem, mentoring and capacity-building.