Jakarta (Antara Bali) - PT Bank Rakyat Indonesia Persero (BBRI) recorded a share capitalization of US$20.4 billion (Rp236 trillion) on Friday (Feb. 21) placing itself the second largest in  Indonesia.

Corporate secretary  Muhamad Ali said  the state lender moved from third to second on a rapid increase in its  share capitalization.

"Thanks for good assessment by the market of the bank performance. Increase in capitalization becomes a challenge for the bank management to work the harder," Ali said in a statement here on Tuesday .

"Only one step to go top of banks in the country in share capitalization ," he added.

He said the country's second largest bank in asset has continued to grow in performance over the past several years. Since 2005, the bank has  continued to chalk up  big profit with growing assets, he said.

Ali said in ASEAN, BBRI  is the sixth largest in share capitalization after DBS of Singapore  with capitalization of US$32.2 billion,  Maybank of Malaysia US$26.2 billion,  OCBC of Singapore US$26.1 billion, miliar dolar AS, UOB of Singapore US$26 billion  and  BCA of Indonesia US$22 billion.

BBRI leads over other major regional banks such as  Public Bank Malaysia having capitalization of US$20.3 billion and  CIMB  US$17.6 billion of Malaysia, Indonesian bank Bank Mandiri US$18.8 billion  and Thai SCB (US$15.4 billion). (*/DWA)


: Dewa Sudiarta Wiguna

COPYRIGHT © ANTARA 2026