PT Bank Rakyat Indonesia (Persero) Tbk, or BRI, has once again achieved a significant accomplishment in the national financial industry. In the Fortune Indonesia 100 list, BRI secured the top rank in the financial sector and achieved fourth place overall among the 100 largest companies in Indonesia. According to the official Fortune Indonesia 100 publication, company rankings are determined based on a number of key indicators, including revenue, net profit, total assets, equity, and market capitalization.
Regarding this achievement, BRI’s President Director stated that BRI’s success in joining the ranks of Indonesia’s largest companies is also proof of the resilience of the company’s fundamental performance. “This achievement is not only a source of pride but also a motivation for us to continue providing the best contributions to all stakeholders. The new direction of our transformation, which we call BRIVolution Reignite, will be the key to strengthening BRI’s position as an inclusive and sustainable world-class universal bank,” he said.
As a bank with a wide reach across Indonesia and a long track record, BRI has a strong foundation to become the strongest bank in Indonesia, and even in Southeast Asia. A number of comprehensive transformations are being carried out to strengthen the company’s business fundamentals and enhance its long-term competitiveness.
First, from the funding or funding engine side, BRI is now focused on increasing low-cost funds and improving funding cost efficiency. This is being done by transforming retail CASA, mastering ecosystems, and optimizing transactions.
Then, the second step is to optimize the cost of credit for the MSME business, which has long been BRI’s core strength. This effort is being carried out through business process improvements, developing models for field officers, and strengthening the credit risk monitoring system to ensure the growth of the MSME sector remains healthy and optimally managed.
Furthermore, BRI is also undertaking a more comprehensive rebranding, which aims to strengthen its positioning as a universal banking institution that is relevant to all segments of society and business actors.
Fourth is from the culture side, where BRI is creating a work culture that can enhance performance, transforming its people to be more productive and competitive, and creating leaders who are capable of guiding, directing, and holding accountable.
As is known, the Fortune Indonesia 100 is an annually released list. This list is a portrait of corporations that are able to make real contributions to the national economy.
This year, the revenue threshold for entering the Fortune Indonesia 100 list increased from IDR 10.54 trillion in 2023 to IDR 11.42 trillion in 2024. The total revenue of these 100 largest companies contributed 26.93% to Indonesia’s Gross Domestic Product (GDP), making this list an important barometer for reading the pulse of the national economy. “This achievement is not just numbers on paper, but proof of your company’s strategy, execution, and resilience amid market dynamics,” wrote Fortune.
BRI’s achievement of the highest rank in the financial sector and fourth place overall is inseparable from its solid performance record in 2024. The company recorded revenue of IDR 274.57 trillion, accompanied by a net profit of IDR 60.15 trillion, total assets of IDR 1,992.98 trillion, equity of IDR 317.09 trillion, and a market capitalization reaching IDR 561.16 trillion.
This recognition complements the international appreciation previously received by BRI in the 2025 Fortune Southeast Asia 500 list, where BRI was crowned the highest-ranked Indonesian bank and also placed fourth in the financial sector category across Southeast Asia. Overall, BRI successfully achieved 14th place out of the 500 largest companies in the region based on revenue. This achievement places BRI on par with top regional corporations, even surpassing major names such as SEA and Singapore Airlines from Singapore, Charoen Pokphand Foods from Thailand, and Maybank from Malaysia.
