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Public Expose 2020PT BANK RAKYAT INDONESIA (PERSERO) Tbk.
2
BRI AT A GLANCE
3
Corporate Plan (2018 – 2022)
The Most Valuable Bank in SEA& Home to The Best Talent
Micro SME Consumer Corporate SubsidiariesGrowing and
developing the micro business
Maintaining market
leadership in salary based loan & other
consumer loans
Becoming leading
SME Bank in Indonesia
Improving
profitability of the corporate banking
unit
Increasing
contributions from subsidiary
companies
Human CapitalImplementing
Performance Driven Culture
ITImproving IT
Capacity, and IT Governance
ChannelIncreasing efficiency
and productivity
RiskStrengthening risk
management culture
BRI Group
4
5
Mengapa Investasi di BBRI?
Pertimbangan Investor berinvestasi
di BBRI
Fokus Pada Segmen UMKM, khususnya Mikro
Digital Initiatives terdepan
Implementasi ESG yang terdepan (Environment, Social & Governance)
Customer base dan Jaringan Kerja terbesar di Indonesia didukung oleh
Permodalan yang Kuat
• Sesuai Core Competency bisnis BRI• Potensi pertumbuhan yang masih sangat tinggi
• Sebagai sumber baru pertumbuhan bisnis• Digitasi proses bisnis untuk meningkatkan efisiensi
• Memastikan sustainability bisnis perusahaan• Concern investor yang semakin tinggi terkait ESG risks
6
BRI Senantiasa Menciptakan “Success Stories”
SimpedesKupedes
1984
4 Jutadebitur Kupedes
71 Jutanasabah Simpedes
BRIGUNA
1989
1,7 Jutanasabah Briguna
Rp100 T
Kredit Usaha Rakyat
2009
5,6 Jutanasabah KUR
Rp73 T
BRILINK
2014
±400 ribu Agen> Rp500T Trx
AsuransiMikro
2014
± 4,8JutaPemegang Polis
BRISPOT
2018
MikroNext :
Small Comm
..nextsuccess stories ..
2019
PinangCeriaKECE
BRI Digital Loan
Product
2020 onwards..
•Ultra Micro Loans
•Micro payment ecosystem
2003 2007 2011 2015 2020
Kinerja Saham BBRI
7
Harga Saham BBRI & Kapitalisasi Pasar
BBRI terdaftar dalam beberapa indeks saham di Indonesia• JCI Index (Indeks Saham di Industri Keuangan)• LQ45 Index (Indeks 45 Saham yang paling Liquid)• SRI KEHATI Index (Indeks 25 perusahaan yang
mendukung keberagaman hayati)Market Cap meningkat 43,4x dari Rp12,35 T saat IPO menjadi Rp 516,7 T (25 Agustus 2020)
* Setelah stock split 1: 2 (Jan’11) dan 1 : 5 (Nov’17)
Rp 3.80025 Agustus 2020
Market Cap
Rp 516,7 TRp 87,5*
15 Jan 2003
Total Investor’s Value 69x
2015 2016
2017 2018
2019 Agustus 20205 5
4 43 3
Peringkat Market Cap BBRIdi Asia Tenggara
8
Peningkatan Investor Ritel saat Pandemi
43.446
122.208
116.856
177.936
204.126
239.171
259.198
256.788
Des-18 Des-19 Jan-20 Feb-20 Mar-20 Apr-20 Mei-20 Jun-20
Investor retail BRI mengalami tren kenaikan khususnya di tengah pandemic Covid-19 didorong oleh kesadaran masyarakat untuk berinvestasi utamanya ditengah krisis dan meningkatnya akses
ke pasar modal melalui online trading app dan perubahan perilaku masyarakat dengan menjadikan aktivitas
investasi/trading sebagai hiburan.
…Investor Retail BBRI Tumbuh Signifikan…
0,82%1,07%
1,48%
2,21%
Des-18 Des-19 Mar-20 Jun-20
…Kepemilikan Investor Retail BBRI Tumbuh Signifikan…
2,5 juta
(2019)
…Jumlah investor Pasar Modal juga mengalami tren kenaikan …..
1,6 juta
(2018)3,02 juta
(30 Juli 2020)
Source: Datindo
…the stay-at-home orders have left investors with more time on their hands and they are
turning to their portfolios as a means of amusement… (Forbes)
5,9x
1,9x
Pertumbuhan Investor Retail BRI vs JCI
(2018 – 2020)
BRI JCI
9
PROGRAM PEMULIHAN EKONOMI NASIONAL (PEN)
DAN STRATEGI BRI DI MASA PANDEMI
Dukungan terhadap PEN dan Benefit bagi BRI
*as of August 15th 202010
11
Fokus dan Strategi BRI
PEOPLE’S FIRST
SUSTAINABLEBUSINESS GROWTH
GOOD CORPORATE GOVERNANCE
Protokol Kesehatan
Work From Home
Optimalisasi Digital
• Sterilisasi seluruh premis • Vaksin untuk pekerja• Produk dan alat kesehatan untuk pekerja
(masker, hand-sanitizers, dan vitamins)
• Work From Home• Ruang kerja yang fleksible
• BRIStars: Digital office application• BRISpot: Digital loan processing• BRISIM: Daily monitoring Dashboard
Portofolio Kredit
• Pertumbuhan yang Selektif• Program restrukturisasi kredit
Aktivitas Market
• Menjaga reserve requirement, SR, LDR, RIM • Menjaga long position pada Net Foreign
Position• Menjaga Cash Ratio
GCG Implementation
Memastikan prinsip Good Corporate Governance tetap terimplementasi dengan baik
Restrukturisasi KreditBerdasarkan Segmen
46%
1%
6%
2%
45%
Micro Corp&SOE ConsumerMedium Small Comm.
18%
42%
15%
25%
Jakarta Java Ex. JakartaSumatra Mid & East
Restrukturisasi KreditBerdasarkan Wilayah
12
Dukungan BRI kepada Nasabah Selama Masa PandemiMelalui Restrukturisasi Kredit
Restrukturisasi Kredit dalam Rp Triliun
Jumlah Nasabah Restrukturisasi dalam Jutaan
Posisi JULY 31st 2020
14,9
101,2
160,5 171,9 183,7
14,9
86,3
59,3 11,4 11,8 1,7%
11,7%
18,6%19,8%
21,3%
0,0%
5,0%
10,0%
15,0%
20,0%
25,0%
-
20,0
40,0
60,0
80,0
100,0
120,0
140,0
160,0
180,0
200,0
Mar Apr May Jun Jul
Total Monthly % to Total Loan
0,13
1,41
2,642,82 2,95
0,13
1,28 1,22 0,19 0,13 1,1%
11,1%
20,7%22,2% 23,2%
0,0%
5,0%
10,0%
15,0%
20,0%
25,0%
0,00
0,50
1,00
1,50
2,00
2,50
3,00
3,50
Mar Apr May Jun Jul
Total Monthly % to Total Loan
“Tren restrukturisasi menurun seiring dengan pelonggaran PSBB dan kembalinya aktivitas ekonomi masyarakat”
13
Dukungan BRI untuk Pemulihan Usaha UMKM
14
BUSINESS UPDATE
15
Update Makro Ekonomi Indonesia
Source: BI
16
BRI vs Industri
Market Share
Source: SPI (Statistik Perbankan Indonesia) OJK and internal data
KREDIT SIMPANAN
Pertumbuhan
Kredit
BRI Industri
4,3% 3,1%
8,9%10,5%
N I M N P L
L D R
5,56% 2,76%
88,92%
C A R
19,09%
BRI Industri BRI Industri
BRI Industri BRI Industri
4,50% 3,00%
90,94% 22,20%
13,7%
14,5%
14,9%15,1%
15,3% 15,3%15,5%
13,0%
13,5%
14,0%
14,5%
15,0%
15,5%
16,0%
16,5%
2015 2016 2017 2018 2019 May'19 May'20
14,6%
15,0%15,2%
16,0%16,2%
15,5%15,7%
14,0%
14,5%
15,0%
15,5%
16,0%
16,5%
17,0%
2015 2016 2017 2018 2019 May'19 May'20
Mei 2020
Pertumbuhan
Simpanan
17
Financial Highlight (Consolidated)
IDR Billion
2015 2016 2017 2018 2019 1H'19 1H'20 g YoY
Asset/Liabilities
Total Assets (IDR Billion) 878.426 1.004.802 1.127.447 1.296.898 1.416.759 1.288.196 1.387.759 7,7%
Total Loans (Gross) (IDR Billion) 581.095 661.220 731.241 834.731 903.197 877.071 922.967 5,2%
Total Deposits (IDR Billion) 668.995 754.526 841.656 944.269 1.021.197 945.054 1.072.501 13,5%
Asset Quality
NPL (gross) 2,10% 2,11% 2,24% 2,28% 2,80% 2,52% 3,13%
NPL (nett) 1,15% 0,99% 1,04% 1,19% 1,31% 0,90%
Liquidity
CASA 57,82% 59,09% 59,04% 60,14% 57,70% 57,35% 55,81%
LDR 86,86% 87,63% 86,88% 88,40% 88,45% 92,81% 86,06%
Profitability
Net Profit (IDR Billion) 25.411 26.285 29.045 32.418 34.414 16.163 10.201 -36,9%
NIM 7,64% 7,83% 7,73% 7,22% 6,73% 6,79% 5,63%
Cost Efficiency Ratio (CER) 42,09% 42,27% 42,13% 41,90% 41,22% 42,79% 51,29%
Operating Expense to Operating Income 67,59% 70,23% 70,78% 70,02% 72,08% 73,23% 78,78%
ROA before tax 3,99% 3,67% 3,53% 3,51% 3,28% 3,09% 2,26%
ROE Tier 1 29,05% 21,87% 19,73% 20,04% 18,40% 17,79% 12,04%
Capital
Tier1 CAR 16,68% 21,54% 21,71% 20,18% 21,65% 19,90% 18,95%
Total CAR 20,39% 22,69% 22,84% 21,35% 22,77% 21,04% 20,06%
18
Fokus Tumbuh di Segmen UMKM
178,9 211,5 239,5 274,3 307,7 292,6 313,4
88,5100,2
114,6130,8
140,5 135,1 141,0
120,0
135,5
153,9
183,0
198,7190,3
195,6
21,2
18,1
19,9
18,3
21,519,5
20,0
68,5
77,2
77,4
91,0
93,891,3
97,4
81,2
92,8
97,1
101,4
97,4108,4
101,6
558,4
635,3
702,4
798,9
859,6837,2
869,0
0,0
100,0
200,0
300,0
400,0
500,0
600,0
700,0
800,0
900,0
1000,0
0,0
100,0
200,0
300,0
400,0
500,0
600,0
700,0
800,0
900,0
1000,0
2015 2016 2017 2018 2019 1H'19 1H'20
32,0 33,3 34,1 34,3 35,8 35,0 36,1
15,8 15,8 16,3 16,4 16,3 16,1 16,2
21,5 21,3 21,9 22,9 23,1 22,7 22,5
3,8 2,9 2,8 2,3 2,5 2,3 2,312,3 12,1 11,0 11,4 10,9 10,9 11,2
14,5 14,6 13,8 12,7 11,3 12,9 11,7
-
20,0
40,0
60,0
80,0
100,0
120,0
2015 2016 2017 2018 2019 1H'19 1H'20
7,1YoY Growth ( % ) 4,3 2,8 3,0 6,6 -6,2 3,8(Rp Tn) 20,8 5,9 5,3 0,6 6,1 -6,7 31,8
Outstanding Kredit – berdasarkan segmen bisnis (Rp Triliun)
Komposisi – berdasarkan segmen bisnis (%)
Micro Consumer Small Comm. Medium Corporate Non SOE SOE Total
28,0%
30,0%
32,0%
34,0%
36,0%
38,0%
40,0%
10,0%
15,0%
20,0%
25,0%
30,0%
35,0%
19
Monthly Loan Disbursement
... Loans disbursement in Micro, Consumer & Medium Segment is increasing …
Micro Consumer
Small Commercial
18,7
22,1 21,9
10,4
8,2
15,8
18,3
Jan Feb Mar Apr May Jun Jul
4,7
7,1
6,4 5,9
5,0
5,8 6,4
Jan Feb Mar Apr May Jun Jul
4,1
5,3
3,9
2,5
1,8
3,2 3,3
Jan Feb Mar Apr May Jun Jul
IDR Trillion
20
Loan – Asset Quality
Non Performing Loan – gross by segment (%) Special Mention – by segment (%)
√ Started in 2018, Loan has been adjusted due to reclassification of Trade Finance/LC Related Receivables from Loan to Other Earning Assets-Other Receivables
NPL% 2015 2016 2017 2018 2019 1H'19 1H'20
Micro 1,13 1,00 1,08 1,01 1,18 1,40 1,18
Consumer 1,30 1,18 1,05 1,03 1,10 1,35 1,50
Small Comm
2,89 2,95 3,01 3,14 3,17 3,75 3,63
Medium 8,35 7,90 5,45 6,80 5,38 5,61 6,79
Corporate 4,15 5,40 6,91 5,49 8,75 4,83 10,75
SoE 0,00 0,00 0,00 1,10 1,73 1,03 1,11
Total NPL 2,02 2,03 2,12 2,16 2,62 2,35 2,98
SML% 2015 2016 2017 2018 2019 1H'19 1H'20
Micro 6,00 4,43 4,04 3,51 3,51 4,60 2,25
Consumer 4,02 3,04 2,85 2,49 2,52 3,08 3,49
Small Comm
7,06 6,06 5,79 4,28 4,63 6,41 5,91
Medium 5,37 3,04 3,24 2,87 2,97 6,57 7,04
Corporate 2,83 3,79 5,86 7,73 5,82 10,66 7,29
SoE 2,60 3,30 1,98 0,86 4,29 3,86 4,33
Total SML 4,81 4,28 4,12 3,65 3,93 5,37 4,19
21
NPL Coverage Ratio, Write Off, and Recovery
NPL Coverage Ratio
Write Off & Recovery
“LAR Coverage (exclude Covid-19) maintained at 60.7%”
7,7 8,4 9,512,2
17,0
5,7 6,4 3,8 4,5 5,0 6,2 7,0 2,8 2,9
48,8%52,8% 53,1% 51,0%
41,1%
50,1%44,5%
0,0%
10,0%
20,0%
30,0%
40,0%
50,0%
60,0%
0
2
4
6
8
10
12
14
16
18
2015 2016 2017 2018 2019 1H'19 1H'20
Write Off Recovery Recovery to Write Off
17,0 21,9 29,1
34,6 37,5 38,3
51,8
11,3 12,9 14,9 17,2 22,5 19,7 25,9
151,1%170,3%
195,5% 200,6%
166,6%
194,6%200,3%
0,0%
50,0%
100,0%
150,0%
200,0%
250,0%
-
10,0
20,0
30,0
40,0
50,0
60,0
2015 2016 2017 2018 2019 1H'19 1H'20
Provision NPL NPL Coverage
IDR Trillion
22
Pertumbuhan dan Komposisi Simpanan
Deposits Composition, COFDeposits Growth: Trend
(IDR Trillion)
113,0 140,8 144,4 176,4 167,8 162,3 172,8
267,6 297,6
342,8 378,9 404,4 365,8
401,1
262,2
285,4
316,1
342,7 397,5
371,3
439,3
642,8
723,8
803,3
898,0
969,8
899,4
1.013,2
0,0
200,0
400,0
600,0
800,0
1.000, 0
1.200, 0
0,0
200,0
400,0
600,0
800,0
1.000, 0
1.200, 0
2015 2016 2017 2018 2019 1H'19 1H'20
Demand Deposit Saving Time Deposit TOTAL
59,2% 60,6% 60,6% 61,8% 59,0% 58,7% 56,6%
40,8% 39,4% 39,4% 38,2%41,0% 41,3% 43,4%
4,24%
3,83%
3,27%3,47% 3,58% 3,64% 3,54%
0,00%
0,50%
1,00%
1,50%
2,00%
2,50%
3,00%
3,50%
4,00%
4,50%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2015 2016 2017 2018 2019 1H'19 1H'20
Low Cost High Cost COF Liabilities
Inisiatif Simpanan
Optimalisasi value chain transaction untuk nasabah korporasi
Konsep baru tabungan mikro – Teman Simpedes
New BRI Mobile (penambahan fitur pembukaan rekening online)
Optimialisasi Agen BRILink (branchless banking)Ekosistem Pembayaran Digital, khususnya Micro
Payment Ecosystem melalui Pasar.id dan Stroberi
23
MONTHLY UPPER LINE TREND
INTEREST INCOME
IDR Trillion
INTEREST EXPENSE
NII NIM
“Trend of monthly interest income is reversing since April.”
3,11
3,19
3,32
3,053,02
2,92
Jan Feb Mar Apr May Jun
10,289,95
10,44
6,21
7,62
8,65
5,00
6,00
7,00
8,00
9,00
10,00
11,00
Jan Feb Mar Apr May Jun
7,176,75
7,12
3,16
4,60
5,73
Jan Feb Mar Apr May Jun
NII
7,20%6,76%
7,08%
3,19%
4,62%
5,59%
7,20% 6,97% 7,00%
6,07%5,56% 5,72%
Jan Feb Mar Apr May Jun
NIM Marginal NIM
24
Pertumbuhan Fee Based Income
7.352
9.21010.303
11.900
14.293
6.201
7.430
7,7%
8,6%8,8%
9,2%
10,0%
9,0%
11,1%
7,0%
7,5%
8,0%
8,5%
9,0%
9,5%
10,0%
10,5%
11,0%
11,5%
2000
4000
6000
8000
10000
12000
14000
16000
2015 2016 2017 2018 2019 1H'19 1H'20
Fee Based Income % FBI to Total Operating Income
g (yoy):19,8%Fee Based Income (Rp Miliar)
Komposisi Fee Based Income
….Komposisi Fee Based Income terhadap Pendapatan Operasional terus meningkat seiring dengan pertumbuhan FBI yang kuat, disumbang Fee dari E-Channel dan E-
Banking….
25
Transaksi E-Banking sebagai sumber FBI
14,76
100,74
223,82
0,00
50,00
100,00
150,00
200,00
250,00
2019 1H'19 1H'20119,5
219,1
311,5
574,9
1.169,4
511,5
1.144,4
-
200,0
400,0
600,0
800,0
1.000,0
1.200,0
1.400,0
2015 2016 2017 2018 2019 1H'19 1H'20
1.697,6
2.157,0 2.084,6
2.322,0
3.723,5
1.808,21.718,0
-
500,0
1.000,0
1.500,0
2.000,0
2.500,0
3.000,0
3.500,0
4.000,0
2015 2016 2017 2018 2019 1H'19 1H'20
ATM (In million ) INTERNET BANKING* (In million) BRIMo (In million)
…Ample opportunity to grow e-channel transactions (digital)…
Launched in 2019, BRIMo is internet-based digital financial application using newest UI/UX, providing attractive features e.gonline opening account, card-less cash withdrawal, and fingerprint/ face ID login
* Internet banking numbers shown above incl. BRIMO transactions
“During the pandemic, customers' transaction behaviors have shifted from using conventional e-channels (ATM and EDM) to digital (internet banking)”
26
DIGITAL STRATEGIES
Digitizing Core Digital EcosystemNew Digital Propositions
Exploration:
Build ecosystem to offer products and services beyond core business.
Exploration:
Create and launch an independent greenfield digital bank in Indonesia
Exploitation:
Digitize existing services and transactions (Business Process)
● Optimize existing Channels● Integrated Digitized Operation● Simplified and standardized system
Big Data Analytics
Branchless Banking Initiatives for Micro
Digital LoanUnderwriting System
Advanced Mobile Banking
Digital partnership & Collaboration
B2B2C Integrated Billing System
BRI School Management System
● Digital Platform for Business● Build new business model● Partnership with Fintech
Digital Lending Platform
● Mobile First channel● Fully Digital for untapped market● Build New Digital Capability
Boost Productivity &Unleash The Potential
Tap the UntappedEmbedded in Customer Life
Leveraging New Liquidity, NewOpportunities, New Source of Growth
BRI Partnership
Credit Cardless Product
27
BRI Digital Initiatives
K E C EBRI Partnership with FintechBRI x Traveloka
Digital Credit Card
Digital ultra micro loan
28
BRILink
Bank account is not required
Money transfer
Bill payment
Loan installment
Cash deposit & withdrawal
Mobile phone voucher
SERVICES PROVIDED
360.00 0
370.00 0
380.00 0
390.00 0
400.00 0
410.00 0
420.00 0
430.00 0
440.00 0
1H'19 1H'20
391.348
434.364
# of Agents
-
50
100
150
200
250
300
350
1H'19 1H'20
234
321
# of Transaction(In Million)
300
310
320
330
340
350
360
370
380
1H'19 1H'20
Transaction Volume(IDR Trillion)
330,67
375,59
-
100,00
200,00
300,00
400,00
500,00
600,00
1H'19 1H'20
358,89
478,57
(IDR Billion)FBI
A branchless banking initiatives performed by BRI’s customer through fee income sharing scheme..
Cash pickup
70,8 Thousand saving referrals ( )
60,6 Thousand loan referrals ( )
IDR 9,45 T CASA ( )
180,1% YoY
608,1% YoY
78,3% YoY
52,6 Thousand (70% of total) villages acquisitions
29
MENINGKATKAN KAPABILITAS DIGITAL BRI
Digital Loan Products*Data as of July 2020
Digital Loan Partnership*Data as of July 2020
Rp64,8 Billion
disbursed to 9,950 borrowers
BRI keeps exploring new business opportunities by developing
innovative digital lending products and partnering with fintechs and digital start-ups to achieve our aspiration“Go Smaller, Go Shorter, Go Faster”
Rp88,6 Billion
disbursed to 29,766 borrowers
Rp21 Billion (June 2020)
disbursed to 8,804 borrowers
Rp321 Billion
disbursed to 87 borrowers
Rp381 Million
disbursed to 95 borrowers
Rp215,7 Billion
disbursed to 28,646 borrowers
30
ESG INITIATIVES
31
BRI Initiatives On ESG
PT BANK RAKYAT INDONESIA (Persero) Tbk.Investor Relations7th floor BRI II BuildingJl. Jenderal Sudirman No. 44-46 Jakarta 10210Indonesia
Phone : 62 21 5752006/09, 5751952/79Fax : 62 21 5752010Website : www.ir-bri.com Email : [email protected]
Disclaimer ; this report has been prepared by PT bank Rakyat Indonesia (Persero) Tbk (Bank BRI) independently and is circulated for the purpose of general information only. It is not intended to the specific person who may receive this report.The information in this report has been obtained from sources which we deem reliable. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations included in this reportconstitute our judgment as of this date and are subject to change without prior notice. We disclaim any responsibility or liability without prior notice of Bank BRI and/or their respective employees and/or agents whatsoever arising which maybe brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither Bank BRI and/or its affiliated companies and/or their respective employees and/or agentsaccepts liability for any errors, omissions, negligent or otherwise. In this report and any inaccuracy herein or omission here from which might otherwise arise
Penghargaan
Best CEOBest CFO
Best Investor Relations Company 2019 –Corporate Governance Asia
Best in Country Indonesia –IR Magazine Awards South East Asia
ASIAN BANKER 2019 DUBAI Best Retail Bank in Indonesia
ASIAN BANKER 2019 DUBAI Best Digital in Indonesia
Best Managed Bank–Asian Bankers
The Best CSR in Asia Money Awards –Asia Money
IDX Channel Award: The Best Millennials Investor Choice–
IDXChannel
Best of The Best Company – Forbes Indonesia
Indonesia Most Trusted Company–Indonesian Institute for Corporate
Governance (IICG)
ASEAN Best Public
Company based on Wealth
Added Index Method -SWA
The Best Bank with
Outstanding Financial
Performance 2018 - Infobank
Best Bank in Indonesia
- Global FinanceThe Best Bank in KUR Loan
Disbursement – Ministry of
Coordinating Economy
Asia’s Best CFO 2018
Asia’s Best CEO 2018
Best Inv estor Relations
Company 2018 –
Corporate Gov ernance Asia
The Best Productiv ity, Efficiency
and Automation Initiativ e,
Application or Programme:
BRISPOT - ASIAN Bankers
The Best Bank for
Supporting MSMe for Bank
in Category BUKU 3 & 4 -
Bank Indonesia
Indonesia Most Trusted Company on Good Corporate
Gov ernance Implementation - Indonesian Institute for
Corporate Gov ernance (IICG)
The Best Primary Dealer in
2017 – Ministry of Finance
The Best Bank for supporting MSME for Bank In Category BUKU 3 & 4 –
Bank Indonesia
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