Bank Rakyat Indonesia’s net income down 11.25% to $1.63b in H1

Operating income declined whilst net provisions for impairment losses rose.

Bank Rakyat Indonesia’s (BRI) net income fell to $1.63b (IDR26.53t) in the first six months of 2025, an 11.25% decline compared to the same period a year earlier.

Basic and diluted total earnings per share is at IDR174 for the period, its latest financial results showed.

Total interest and shariah income was $6.3t (IDR102.38t) during the period, a 2.59% decrease compared to a year ago.

Operating income declined 9.18% to $2.15b (IDR35.01t).

Net provisions for impairment losses rose to nearly $1.45b (IDR23.5t) in H1 2025, compared to IDR21.37t in H1 2024.

Loans grew 6% year-on-year (YoY) and 3.1% quarter-on-quarter (QoQ0, with consumer and corporate loans rising 9.45% and 15.6%, respectively.

KUPEDES loans, one of the bank’s high-yield micro lending products, posted a significant contraction with contribution to total loan declining to 13.6% in June 25 from 16.8% in 2023; this resulted in a lower bank-only loan yield, according to a separate report by UOB Kay Hian (UOBKH).

Net interest margin (NIM) stood at 7.76% in H1 2025.

(US$1 = IDR16,248.99; as of 11 August 2025, Google, from Morningstar)