{"id":6012,"date":"2022-02-11T04:20:00","date_gmt":"2022-02-11T04:20:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3659651_AE59651_0"},"modified":"2022-02-11T04:20:00","modified_gmt":"2022-02-11T04:20:00","slug":"bri-microfinance-outlook-2022-bri-continues-supporting-ultra-micro-sector-for-economic-recovery","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=6012","title":{"rendered":"BRI Microfinance Outlook 2022: BRI Continues Supporting Ultra-Micro Sector for Economic Recovery"},"content":{"rendered":"<p><span class=\"xn-location\">JAKARTA, Indonesia<\/span>, <span class=\"xn-chron\">Feb. 11, 2022<\/span> \/PRNewswire\/ &#8212; Bank BRI (IDX: BBRI), has announced its commitment to support the MSME sector in <span class=\"xn-location\">Indonesia<\/span> to empower the ultra-micro sector at the BRI Microfinance Outlook 2022 on <span class=\"xn-chron\">February 10, 2022<\/span>. The event was attended by Sri Mulyani, Minister of Finance; Airlangga Hartarto, Coordinating Minister for Economic Affairs; Kartika Wirjoatmodjo, Deputy Minister of State-Owned Enterprises; and Sunarso, President Director of BRI.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder7038\" readability=\"9\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/1744694\/Sunarso__president_director_of_BRI_at_BRI_Microfinance_Outlook_2022_event__02102022.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1744694\/Sunarso__president_director_of_BRI_at_BRI_Microfinance_Outlook_2022_event__02102022.jpg?p=medium600\" title=\"Sunarso, BRI President Director at BRI Microfinance Outlook 2022 on February 10, 2022\" alt=\"Sunarso, BRI President Director at BRI Microfinance Outlook 2022 on February 10, 2022\"><\/a><br \/><span>Sunarso, BRI President Director at BRI Microfinance Outlook 2022 on February 10, 2022<\/span><\/p>\n<\/p><\/div>\n<p>Strengthening the MSME, especially the ultra-micro sector, has marked the main discussion at the BRI Microfinance Outlook 2022. There are 45 million ultra-micro businesses in <span class=\"xn-location\">Indonesia<\/span>, of which 30 million of them still do not receive formal financial services.<\/p>\n<p>The number of micro-enterprises, which account for 98.7% of MSMEs in <span class=\"xn-location\">Indonesia<\/span>, is the backbone of the national economy as it contributes to the absorption of 89.04% of the workforce and 37.35% of the 2019 GDP.<\/p>\n<p>Therefore, the potential of the ultra-micro sector must be increased. The strong efforts will also reflect the G20 2022 theme, Recover Together, Stronger Together.<\/p>\n<p>&#8220;We formed the Ultra Micro Holding with a rights issue process that can be absorbed by <span class=\"xn-money\">Rp95.9 trillion<\/span>, providing BRI strong liquidity and capital that can grow in an integrated ecosystem,&#8221; said Sunarso.<\/p>\n<p>Airlangga Hartarto also added that lending to the ultra-micro sector accelerates businesses to &#8216;grade up&#8217; and support the stimulus provided by the government.<\/p>\n<p>Meanwhile, Sri Mulyani explained there needs to be an integrated data management. &#8220;So good intentions and noble goals must be prepared with a reliable integrated data system that can be accounted for. With better integration, unbankable ultra-micro sector will be reached,&#8221; said Mulyani.<\/p>\n<p>Kartika Wirjoatmodjo emphasized the importance of data integration as a key factor for targeting accuracy. Not only credit, BRI Group also ensures sustainability for businesses.<\/p>\n<p>Sunarso has confirmed the readiness of the data integration and the Ultra Micro Holding system with strong liquidity and capital to expand into the ultra-micro sector. This is evidenced by the number of Ultra Micro Holding customers as of <span class=\"xn-chron\">December 2021<\/span> amounting to 25.2 million and is targeting 45 million ultra-micro businesses in 2024.<\/p>\n<p>For information about Bank BRI, visit <a target=\"_blank\" href=\"http:\/\/www.bri.co.id\/\" rel=\"nofollow noopener\">www.bri.co.id<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>JAKARTA, Indonesia, Feb. 11, 2022 \/PRNewswire\/ &#8212; Bank BRI (IDX: BBRI), has announced its commitment to support the MSME sector in Indonesia to empower the ultra-micro sector at the BRI Microfinance Outlook 2022 on February 10, 2022. The event was attended by Sri Mulyani, Minister of Finance; Airlangga Hartarto, Coordinating Minister for Economic Affairs; Kartika [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":6013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-6012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BRI Microfinance Outlook 2022: BRI Continues Supporting Ultra-Micro Sector for Economic Recovery - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=6012\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BRI Microfinance Outlook 2022: BRI Continues Supporting Ultra-Micro Sector for Economic Recovery - My Blog\" \/>\n<meta property=\"og:description\" content=\"JAKARTA, Indonesia, Feb. 11, 2022 \/PRNewswire\/ &#8212; Bank BRI (IDX: BBRI), has announced its commitment to support the MSME sector in Indonesia to empower the ultra-micro sector at the BRI Microfinance Outlook 2022 on February 10, 2022. 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