The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms & Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
Best Bank Awards

Indonesia's best bank for SMEs 2021: Bank Rakyat Indonesia

Bank Rakyat Indonesia

Sunarso, President Director, Bank BRI.jpg
Sunarso, Bank BRI

Micro, small and medium-sized enterprises around the world have been among those worst affected by the pandemic. While governments have rolled out support for these businesses, banks have also had to do their part by adapting their policies and practices to accommodate the rapidly changing financials and behaviour of SMEs. In Indonesia, none did better than Bank Rakyat Indonesia.

BRI, led by president director Sunarso, says SMEs were its focus during the pandemic; the bank made sure working capital was available and debt payments were accommodated. By the end of 2020, BRI performed credit restructuring worth Rp186.6 trillion ($13 billion) for 2.9 million MSMEs – under Supari, its director of micro business, and Amam Sukriyanto, who took on the position of director of small and medium business in January this year. The bank also worked with the available government guarantee schemes to disburse credit to select companies.

During the pandemic, BRI says its strategy was "business follows stimulus”. This meant the bank helped to implement the government's national economic recovery plan as a way of growing its business and assisting its customers.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree