# Bank Rakyat Indonesia (BRI)

> Source: https://docs.barcoder.ai/docs/wallets/bank-rakyat-indonesia
> research date 2026-05-29 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [BRI — official](https://bri.co.id/)

## Overview

**Bank Rakyat Indonesia (BRI)** is **Indonesia's largest bank by customers + world's largest microfinance institution** <sup>[1][1], [2][2], [Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup>. **2025 baseline**: **175M+ customer accounts** + **60M+ customers served** + **BRImo 50M+ users (2024) → 37M (early 2025) baseline trajectory** + **40M+ ultra-micro borrowers** onboarded into formal Indonesian financial system via Ultra Micro Holding.

**Distinctive BRI positioning** <sup>[1][1], [3][3]</sup>:
- **Indonesia's largest bank by customers**
- **World's largest microfinance institution** — distinctive global microfinance benchmark since 1895
- **Market cap $38B+**
- **175M+ customer accounts; 60M+ customers served**
- **BRImo 50M+ users (2024)** — distinctive Indonesian super-app banking platform; end-to-end onboarding + micro-savings + micro-investments + QRIS payments + loan servicing
- **Indonesia's micro-lending market leader** (commands largest share)
- **Ultra Micro Holding**: 40M+ ultra-micro borrowers onboarded into formal financial system (2024)
- **BRI 1895 founding** — distinctive deep Indonesian banking heritage (130 years)
- **BRILink agent network**: Indonesia's largest banking agent network for unbanked + remote areas

## History

**December 16, 1895 — Bank Rakyat Indonesia founded** in Purwokerto, Central Java by **Raden Bei Aria Wirjaatmadja** — distinctive Indonesian banking heritage (130 years).

**1946 — BRI nationalized** post-Indonesia independence.

**2003 — BRI partial privatization IPO** on Jakarta Stock Exchange (now IDX: BBRI).

**2019 — BRImo super-app launches** as BRI's flagship mobile banking platform.

**2021 — BRI Ultra Micro Holding formed** via BRI + PT Pegadaian + PT Permodalan Nasional Madani consolidation (Indonesian government-led microfinance consolidation).

**2024 — 50M+ BRImo users + 40M+ ultra-micro borrowers onboarded** <sup>[1][1]</sup>.

**2025 — 175M+ customer accounts + 60M+ customers served** <sup>[3][3]</sup>.

## Ownership & operator

**Operating entity**: **PT Bank Rakyat Indonesia (Persero) Tbk** (IDX: BBRI).

**Major shareholders**: **Government of Indonesia (Indonesian state via Ministry of State-Owned Enterprises; majority shareholder >53%) + various Indonesian institutional + IDX public float**.

**Regulators**: **OJK (Indonesian Financial Services Authority)** + **BI (Bank Indonesia)**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | BRImo app (iOS + Android; primary ID retail-banking + super-app mobile channel; 50M+ users 2024) + BRI Internet Banking + BRI cards (Visa + Mastercard + Indonesian National Card) + BRI branch network + BRILink agent network (Indonesia's largest banking agent network) |
| **Identifiers** | Phone + email + card number + Indonesian ID (NIK) |
| **ID rail** | **[QRIS](https://docs.barcoder.ai/docs/standards/qris)** (BI QRIS national QR + BI-FAST national instant payment) |
| **License** | Bank (BRI full Indonesian banking license; Indonesia's largest bank by customers; world's largest microfinance institution) |
| **Sub-products** | BRI Account + BRI Cards + BRI Credit + BRI Kredit Usaha Rakyat (KUR; people's business credit microfinance) + BRI Investments + BRI Insurance + BRI for Business + BRI Premium + BRI Junio (youth) + BRImo (super-app; end-to-end onboarding + micro-savings + micro-investments + QRIS payments + loan servicing) + BRILink agent network + Ultra Micro Holding (BRI + PT Pegadaian + PT Permodalan Nasional Madani consolidation; 40M+ ultra-micro borrowers) |
| **Distinctive BRILink agent network**: Indonesia's largest banking agent network for unbanked + remote areas |
| **Distinctive Ultra Micro Holding**: 40M+ ultra-micro borrowers onboarded into formal financial system |
| **Multi-country presence**: 10 countries (ID + SG + HK + TW + US + GB + IN + TL + MM + CN) |

## Users & growth

**2025 baseline** <sup>[1][1], [3][3]</sup>:
- **175M+ customer accounts**
- **60M+ customers served**
- **BRImo 50M+ users (2024)** — Indonesian super-app banking platform
- **40M+ ultra-micro borrowers** onboarded into formal financial system via Ultra Micro Holding
- **Indonesia's largest bank by customers**
- **World's largest microfinance institution** since 1895
- **Market cap $38B+**
- **Multi-country presence**: 10 countries

## Use cases

Indonesian + multi-country retail + corporate + investment + insurance + microfinance + ultra-microfinance banking via BRImo super-app + BRI Internet Banking + cards + branches + BRILink agent network (Indonesia's largest banking agent network); BI QRIS national QR + BI-FAST national instant payment; BRI Kredit Usaha Rakyat (KUR; people's business credit microfinance) + Ultra Micro Holding 40M+ ultra-micro borrowers onboarded into formal financial system; multi-country (ID + SG + HK + TW + US + GB + IN + TL + MM + CN).

## Implementations & partners

**Operator**: **PT Bank Rakyat Indonesia (Persero) Tbk** (IDX: BBRI).

**Major shareholders**: **Government of Indonesia (Indonesian state via Ministry of State-Owned Enterprises; majority shareholder >53%) + Indonesian institutional + IDX public float**.

**Major Indonesian banking + fintech competitors**:
- **[Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia)** (Bank Central Asia BCA; Indonesia's largest private bank by market cap; 31M+ accounts; market cap >1,250 trillion IDR; 2025 #1 World's Strongest Banks)
- **[Bank Mandiri (Livin' by Mandiri)](https://docs.barcoder.ai/docs/wallets/bank-mandiri)** (Bank Mandiri; Indonesia's largest bank by assets; Livin' super-app 36.5M+ users Nov 30 2025; +27.1% YoY)
- **BNI (Bank Negara Indonesia)** (BBNI; state-owned)
- **CIMB Niaga** (CIMB Group ID subsidiary)
- **OCBC NISP** (OCBC Group ID subsidiary)
- **[Jenius (SMBC Indonesia)](https://docs.barcoder.ai/docs/wallets/jenius)** (Batch 27 covered; PT Bank BTPN / SMBC Indonesia digital bank; 6M+ registered users Mar 2025)
- **[GoPay](https://docs.barcoder.ai/docs/wallets/gopay)** + **[OVO](https://docs.barcoder.ai/docs/wallets/ovo)** + **[DANA](https://docs.barcoder.ai/docs/wallets/dana)** + **[ShopeePay](https://docs.barcoder.ai/docs/wallets/shopeepay)** + **[LinkAja](https://docs.barcoder.ai/docs/wallets/linkaja)** (Indonesian e-wallets)

**Ultra Micro Holding partners**: **BRI + PT Pegadaian + PT Permodalan Nasional Madani** (Indonesian government-led microfinance consolidation).

**Regulators**: **OJK + BI**.

## Fun facts

- **Indonesia's largest bank by customers + world's largest microfinance institution**.
- **December 16, 1895 founding** in Purwokerto, Central Java by Raden Bei Aria Wirjaatmadja — distinctive deep Indonesian banking heritage (130 years).
- **175M+ customer accounts + 60M+ customers served**.
- **BRImo 50M+ users (2024)** — Indonesian super-app banking platform.
- **Indonesia's micro-lending market leader** — globally recognized microfinance benchmark.
- **Ultra Micro Holding**: 40M+ ultra-micro borrowers onboarded into formal financial system via BRI + PT Pegadaian + PT Permodalan Nasional Madani consolidation.
- **Market cap $38B+**.
- **BRILink agent network**: Indonesia's largest banking agent network for unbanked + remote areas.
- **Government of Indonesia ~53%+ majority shareholder** via Ministry of State-Owned Enterprises.
- **Multi-country presence**: 10 countries (ID + SG + HK + TW + US + GB + IN + TL + MM + CN).

## Comparison

| Feature | BRI (BRImo) | [Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia) (Indonesia's largest private bank by market cap rival) | [Bank Mandiri (Livin' by Mandiri)](https://docs.barcoder.ai/docs/wallets/bank-mandiri) (Indonesia's largest bank by assets rival) | [Jenius (SMBC Indonesia)](https://docs.barcoder.ai/docs/wallets/jenius) (Batch 27; BTPN/SMBC ID digital bank) | [telebirr](https://docs.barcoder.ai/docs/wallets/telebirr) (Ethiopia state-mobile-money rival comparable financial inclusion model) |
|---|---|---|---|---|---|
| Operator | **PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI; Government of Indonesia via Ministry of State-Owned Enterprises majority shareholder >53% + Indonesian institutional + IDX public float)** | PT Bank Central Asia Tbk (IDX: BBCA; Djarum Group / Hartono family via FarIndo Holdings + IDX float) | PT Bank Mandiri (Persero) Tbk (IDX: BMRI; Indonesian state-owned via Ministry of State-Owned Enterprises majority) | PT Bank BTPN Tbk (IDX: BTPN; SMBC Indonesia parent) | Ethio Telecom (state-owned Ethiopian incumbent) |
| Type | **Indonesia's largest bank by customers + world's largest microfinance institution + BRImo super-app + BRILink Indonesia's largest banking agent network + Ultra Micro Holding (40M+ ultra-micro borrowers) + 10 countries** | Indonesia's largest private bank by market cap + 2025 #1 World's Strongest Banks + myBCA + BCA Mobile 90%+ customer interactions | Indonesia's largest bank by assets + Livin' super-app | Indonesian digital bank + Jenius app | Ethiopia's largest mobile money state-owned |
| Country | ID + 9 other countries | Indonesia + SG + HK | ID + 9+ other countries | Indonesia | Ethiopia |
| Users | **175M+ customer accounts; 60M+ customers served; BRImo 50M+ users (2024); 40M+ ultra-micro borrowers via Ultra Micro Holding; market cap $38B+** | 31M+ accounts; market cap >1,250 trillion IDR (US$80B+); 31B+ annual transactions | Indonesia's largest by assets; Livin' 36.5M+ users (Nov 30 2025; +27.1% YoY); assets Rp2,829.94T 2025 | 6M+ registered users (Mar 2025; +13% YoY) | 58M+ customers (mid FY2025/26) |
| Distinctive | **Dec 16 1895 founding in Purwokerto Central Java by Raden Bei Aria Wirjaatmadja (130 years deep Indonesian banking heritage); 1946 nationalized; 2003 partial privatization IPO; 2019 BRImo super-app launch; 2021 Ultra Micro Holding formed (BRI + PT Pegadaian + PT Permodalan Nasional Madani microfinance consolidation); Indonesia's micro-lending market leader; globally recognized microfinance benchmark; BRILink Indonesia's largest banking agent network for unbanked + remote areas; Government of Indonesia ~53%+ majority shareholder** | 1957 founding by Sudono Salim; 2025 #1 in Banker's World's 1000 Strongest Banks; myBCA + BCA Mobile 90%+ customer interactions; 1998 IBRA control + 2002 Djarum Group privatization | Indonesia's largest by assets (Rp2,829.94T 2025); Livin' super-app 36.5M+ users (+27.1% YoY); state-owned via Ministry of State-Owned Enterprises | BTPN digital bank | State-owned Ethio Telecom incumbent advantage; from zero to 58M+ users in ~5 years |

## Status

**Active, Indonesia's largest bank by customers + world's largest microfinance institution** <sup>[1][1], [3][3]</sup>:
- **PT Bank Rakyat Indonesia (Persero) Tbk** (IDX: BBRI) since December 16, 1895 (Raden Bei Aria Wirjaatmadja founding in Purwokerto, Central Java); 1946 nationalized; 2003 partial privatization IPO.
- **175M+ customer accounts + 60M+ customers served**.
- **BRImo 50M+ users (2024)** Indonesian super-app banking platform.
- **Ultra Micro Holding**: 40M+ ultra-micro borrowers onboarded into formal financial system.
- **BRILink agent network** — Indonesia's largest banking agent network for unbanked + remote areas.
- **Market cap $38B+**.
- **Government of Indonesia ~53%+ majority shareholder** via Ministry of State-Owned Enterprises.
- **Multi-country presence**: 10 countries.
- **OJK + BI regulated**.

## Sources

[1]: https://en.wikipedia.org/wiki/Bank_Rakyat_Indonesia "Bank Rakyat Indonesia — Wikipedia"
[2]: https://www.confluent.io/customers/bri/ "Bank Rakyat Indonesia Increases Financial Inclusion and Extends Microfinance Opportunities — Confluent"
[3]: https://matrixbcg.com/blogs/how-it-works/bri "How Does Bank Rakyat Indonesia (BRI) Company Work? — MatrixBCG"
[4]: https://www.theasianbanker.com/updates-and-articles/bank-bri-advancing-its-retail-banking-business-in-a-digital-economy "Bank BRI advances its retail banking business in a digital economy — Asian Banker"
[id-cro]: https://docs.barcoder.ai/docs/payments/ID

- [1] [Bank Rakyat Indonesia — Wikipedia][1]
- [2] [Bank Rakyat Indonesia Microfinance Opportunities — Confluent][2]
- [3] [How Does Bank Rakyat Indonesia (BRI) Company Work? — MatrixBCG][3]
- [4] [Bank BRI advances its retail banking business in a digital economy — Asian Banker][4]
- <sup>[Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup> In-corpus: `reports/countries/ID-indonesia.md`

## Source

Biography extracted from [bank-rakyat-indonesia.md](https://docs.barcoder.ai/source/wallets/bank-rakyat-indonesia). See `matrix.md` for standards-support matrix if present.