“bank rakyat indonesia's experience on financial inclusion”
TRANSCRIPT
ASIA PACIFIC FORUM ON FINANCIAL INCLUSION Shanghai, March 19th – 22nd , 2014
PT. BANK RAKYAT INDONESIA (PERSERO) Tbk
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“Bank Rakyat Indonesia’s Experience on Financial Inclusion”
Delivered by: Budi Satria
BRI General Manager
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… reach the unreachable….
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• Productive Age Population:
173.9 Million • Number of MSMEs:
56.53 Million Units • Accessibility Ratio (Bank Account:Total Population):
47.1% • Number of Bank:
120 Commercial Banks with 18,558 offices
1,635 Rural Banks with 4,678 offices Source: Laporan Perekonomian Indonesia 2012
Statistik Perbankann Indonesia Des 2013
Indonesia at a Glance
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Expanding Financial Access
“......Creating suitable products and establishing outlets equipped with IT system to provide broader financial access.....”
Broader Financial
Access
Suitable Products
IT
Outlets
The Four Categories of Full Financial Inclusion Products
Credit
•Personal
•Consumer
•Credit Card
•Education
•Mortgage
•Home Improvement
•Micro Enterprise
•Business Fixed Asset
Savings
• Savings Account
•Checking Account
•Time Deposit
•Pension
•Youth Savings
•Programmed Savings
Insurance
• Life
•Health
•Property
•Disability
•Crop
•Credit life
Payments
•Money Transfer
•Remittance
•Payments
•Government Benefit Payments
• Salary Payment
•Debit/ATM Card
•E-payment (via ATM, EDC, Internet)
*Products that BRI already provided are highlighted in yellow
Source: Center for Financial Inclusian, Accion
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Suitable Products: Loan and Savings
Creating Loan Scheme for All Types of Client: 1. Unfeasible and
Unbankable 2. Unfeasible but Bankable 3. Feasible but Unbankable 4. Feasible and Bankable
Creating Saving Products equipped with IT:
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BRI’s Loan Products
Direct Grant
Revolving Funds
(Unfeasible & unbankable)
Subsidized Loans
(Unfeasible but bankable)
Special Commercial Loans
(Feasible but unbankable)
Fully Commercial Loans
(Feasible & bankable)
A
Level of entrepreneurship
B
C
D
E
Financing model based on entrepreneurship maturity
Fin
an
cin
g m
od
el C
om
mer
cia
l
Commercial line
Partnership Loan KKPE, KPENRP,
KUPS Kredit Usaha
Rakyat (KUR)*
Komersial (KUPEDES*, Kredit Ritel & Menengah)
CSR
“……Providing loan for all of kind of clients……”
*microcredit
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BRI’s Outlet: The Most Extensive and Largest Network
Milestones - Networks
E-Channel
Conventional Outlet
* include 3 overseas offices
Outlet Distribution - Trend
Hybrid Branch
All outlet real time online,
E-Buzz, Teras BRI,
BRILink, Internet Banking
MoCash
TerasBRI Mobile
Mobile Banking
CDM,
Cash Management
2013
2012
2011
2009
2007
2006
BRIZZI2010
Outlet 2009 2010 2011 2012 2013Head Office 1 1 1 1 1Regional Office 17 18 18 18 18Branch Office* 406 413 431 446 453Sub-Branch Office 434 470 502 545 565BRI Unit 4,538 4,649 4,849 5,000 5,144Cash Office 728 822 870 914 950Teras BRI 217 617 1,304 1,778 2,212Teras BRI Mobile 100 350 465Total 6,341 6,990 8,075 9,052 9,808
E-Channel 2009 2010 2011 2012 2013
ATM 3,778 6,085 7,292 14,292 18,292
EDC 6,398 12,719 31,590 44,715 85,936
CDM 22 39 89 92 192
Kiosk 60 96 100 100 100
E-Buzz 1 2 19 42 50
Total 10,259 18,941 39,090 59,241 104,570
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Mobile Outlet: Teras BRI Keliling
“......Bringing financial access to the clients.....”
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Mobile Outlet: Teras Kapal BRI
“...... Delivering financial access for the people in the remote islands.....”
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Mobile Outlet: E-Buzz BRI
“......Providing financial education as well as financial access.....”
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Outlets: Branchless/Agent Banking BRI
“.....Delivering financial access through mutual partnership with agents.....”
*212#
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Outlets: Branchless/Agent Banking BRI
“.....BRIlinks agents get 50% of sharing fee for every transaction.....”
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BRI’s Human Capital to Support Financial Inclusion
“……Continuously increasing employees capability by obligated them to join the training at least once a year.....”
• Number of Employees:
115,000 people • Number of Training Centers:
7 Training Centers
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Results
• Number of MSMEs Client (2013):
± 42 million Depositors ± 8 million Borrowers • Cost Expense to Operational Income (2013):
60.58% • Cost Efficiensy Ratio (2013):
42.13% • Net Profit (2013):
IDR 21.16 T (USD 2 Billion)
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Results
Income Statement
Ratios
Note: Since FY 2010, figures are PSAK 50 & 55 compliant
Numbers stated in this presentation are bank only
Description 2009 2010 2011 2012 2013
Interest Income 35,071 43,971 46,949 47,922 57,301
Interest Expense (12,180) (11,449) (13,079) (12,461) (14,395)
Net Interest Income 22,891 32,523 33,870 35,461 42,906
Fee & Other Opr. Income 3,257 5,458 5,524 8,166 8,165
Gross Operating Income 26,148 37,980 39,394 43,627 51,071
Other Operating Expenses (11,773) (15,648) (16,288) (18,602) (21,284)
Pre Provision Operating Profit 14,375 22,332 23,106 25,025 29,788
Provision (5,805) (7,926) (5,532) (2,555) (3,916)
Non Operating Profit/Loss 1,327 497 1,157 1,169 1,776
Profit Before Tax n Minor. Int. 9,897 14,903 18,731 23,639 27,648
Net Profit 7,308 11,472 15,083 18,521 21,160
EPS*) 296.3 465.0 611.4 750.8 857.8
Description
Cost of Fund (COF) 6.02% 4.90% 4.70% 3.68% 3.71%
Loan to Deposit Ratio 80.88% 75.17% 76.20% 79.85% 88.54%
Net Interest Margin (NIM) 9.14% 10.77% 9.58% 8.42% 8.55%
NPL ratio - Gross 3.52% 2.78% 2.30% 1.78% 1.55%
NPL ratio - Nett 1.08% 0.74% 0.42% 0.34% 0.31%
CKPN to Earning asset 4.29% 4.58% 4.51% 3.43% 2.90%
Opr. Expense to Opr. Income 77.66% 70.86% 66.69% 59.93% 60.58%
Cost Efficiency Ratio (CER) 46.72% 42.22% 41.17% 43.11% 42.13%
Tier I CAR 12.05% 12.01% 13.67% 15.86% 16.13%
Total CAR 13.20% 13.76% 14.96% 16.95% 16.99%
Return on Assets (ROA) - b.t 3.73% 4.64% 4.93% 5.15% 5.03%
Return on Assets (ROA) - a.t 2.76% 3.57% 3.97% 4.04% 3.85%
Return on Equity (ROE) - Tier I 35.22% 43.83% 42.49% 38.66% 34.11%
Return on Equity (ROE) - B/S 28.83% 35.94% 35.10% 32.41% 30.10%
Min. Reserve Requirement 5.90% 8.05% 9.33% 10.64% 8.02%Net Open Position 5.22% 4.45% 5.49% 3.00% 3.15%
2012 20132009 2010 2011
Disclaimer: This presentation 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 report constitute our judgment as of this date and are subject to change without prior notice. We disclaim any responsibility or l i a b i l i t y w i t h o u t p r i o r n o t i c e o f B a n k B R I a n d / o r t h e i r r e s p e c t i v e e m p l o y e e s and/or agents whatsoever arising which may be 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 agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise.
Terima Kasih
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