BRI Microfinance Outlook 2024: President Jokowi Commends BRI's Commitment to Drive Economic Growth Through Financial Inclusion [Yahoo! Finance]
BANK RAKYAT UNSP/ADR B (BKRKY)
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Source: Yahoo! Finance
on March 7th with Indonesian President Joko Widodo underscoring the pivotal role of Micro, Small, and Medium Enterprises (MSMEs) for the nation's economy. With around 65 million MSMEs contributing 61 percent to the country's GDP and employing 97 percent of the workforce, President Jokowi applauded BRI's efforts in empowering MSMEs, stating, "Focusing on MSMEs is the right move, and I am pleased to hear from the BRI Director (Sunarso) that digital banking services have truly reached the grassroots level." Sunarso, BRI President Director , explained how banking, particularly BRI, can empower communities, especially MSMEs, by providing funding opportunities, particularly for Ultra Micro entrepreneurs who lack access to formal financial services, saying, "BRI has taken concrete actions, including establishing the Ultra Micro Holding, where BRI, along with Pengadaian and PNM, provides integrated financial services." Sunarso added, "Thanks to President Jokowi's support, the initiative has
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