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Today's Headlines Bank Rakyat Indonesia News Update

  • Bank Rakyat Indonesia's BRIsat Satellite to Launch Next Week

    State-controlled financial institution Bank Rakyat Indonesia (BRI) is scheduled to launch its satellite - called BRIsat - at 03:30 am local Jakarta time on 9 June 2016 in Kourou (French Guiana). BRI President Asmawi Syam told reporters that the launch is a milestone, not only for BRI but for the global banking industry as BRI will become the first bank to operate its own communications satellite. In Indonesia, the world's largest archipelago, a satellite is more efficient than fiber optic. With the BRIsat the bank is able to reach (potential) customers in the remote areas.

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  • Bank Rakyat Indonesia (BRI) Launched Indonesia’s First Floating Bank

    After having opened its first branch in Singapore, Bank Rakyat Indonesia (BRI), one of the leading commercial lenders in Indonesia, has now launched Indonesia’s first ever floating bank, named Teras BRI Kapal, in a bid to make banking services more accessible to people residing in the country’s remote islands or coastal areas. This first floating branch will serve the banking needs of residents in the Thousand Islands regency off the coast of Jakarta. In the future BRI plans to send boats to other remote areas.

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  • Bank Rakyat Indonesia (BRI) Opens First Office in Singapore

    One of the leading banks in Indonesia, Bank Rakyat Indonesia (BRI), opened its first branch in Singapore on Wednesday (29/07), located in the heart of the Lion City at OUE Bayfront, 50 Collyer Quay (near Marina Bay). Today, the new office of BRI was inaugurated by Indonesian Coordinating Minister for Economic Affairs Sofyan Djalil, and the opening ceremony was witnessed by Minister of State-Owned Enterprises Rini Soemarno, and Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Muliaman D. Hadad.

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  • Bank Rakyat Indonesia (BRI) Will Launch its BRIsat Satellite in 2016

    Bank Rakyat Indonesia (BRI), the country's second-largest lender by market capitalization, will become the world's first bank that has its own communications satellite. On 28 April 2014, a contract was signed between Arianespace and BRI for the launch of the Indonesian satellite, which will be named BRIsat. The contract signing ceremony took place in Jakarta, and was witnessed by Indonesian President Susilo Bambang Yudhoyono as well as various other high positioned officials.

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