PT Bank Rakyat Indonesia (Persero) Tbk.

FY 2013 Financial Update Presentation

2013 a strong performance

2014 optimizing capacity, securing growth

Jakarta, 22 January 2014

Outline

Macro Economy
2013 - a strong performance
Financial Updates
Business update:
1. Micro Banking
2. Consumer Loans
3. Small Commercial & Medium Loans
4. SoE & Corporate Loans
5. Fee Based Income
2014 - optimizing capacity, securing growth
Key Take Aways
Appendixes

Macro Economy

Indonesia Macro Economy optimistic while remained alert

GDP Source of Growth (%)
6.5

6.23

6.03

5.81

Current Account & Trade Balance

5.62

54.6

55.7

55.3

55.3

Private
Consumption

6.59

Quarterly trade
balance ($ bn)
(LHS)
CAD/GDP (%) (RHS)

8.44
7.16

0.13 0.34

3.87

9.0
26.3

33.2
8.9
24.3

32.0
6.8
23.4

33.0
8.6
23.1

33.4
9.1
24.2

-24.9

-25.8

-24.5

-25.6

-24.2

2011

2012

Q1'13

Q2'13

Q3'13

104.8

12,000

96.2

1
11,500

110.0

98.1 95.7

99.4

-1.07
-1.46

Gross Fixed Capital

Formation

80.0

2.77

-1

-2.64

0.53 -2.77

-2.26

-2

-3.69

-0.23

-3.78
-4.38

10,004
9,735

9,500

9,000
-3

50.0

8,996 9,069

40.0

8,500

30.0

8,000

-3.07
-5

20.0

2010

2011

2012 Mar-13 Jun-13 Sep-13 Dec-13

Reserve
Asset
(USD
Mn)
Int'l
Reserves
(USD
Mn)
Exchange Rate (IDR/USD)

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
'11 '11 '11 '11 '12 '12 '12 '12 '13 '13 '13

Import

60.0

-4

-2.66 -3.11

-4

-2

70.0

9,793

10,000

-2.35

Government
Spending
Export

Source: BPS, BI & Bloomberg

Inflation (%) & Consumer Confidence

GDP growth in Q3-2013 was 5.62% with private
consumption maintain as biggest contributor of
GDP
At the end of 2013, Indonesia economy shown a
better performance, indicated by narrowing
current account deficit and trade balance.
Further, reserve asset keep increasing, able to
cover 5.4 months of imports and government
external debt, which are above international
standard of 3 months
Consumer confidence can be maintained,
inflation was stabilized and it is projected to ease
in 2014, at around 4.5% +/- 1% (BI Target)

100.0

90.0

11,406

11,000

120.0

10,500

32.0

12,171

111.3 112.8

12,500

1.49

10

GDP

54.6

Reserve Asset & Exchange Rate

8.61
116.2

116.8
5.31

116.8
5.9

4.57

113.7
5.57

8.79

8.40 8.32

117.1
111.7

108.6

5.47

107.8

5.9

107.1

109.5

114.3

116.5
8.38

8.37

3.29
1.03
0.76

Jan

0.05

0.75

Feb

0.63
0.21
0.07
Mar

Inflation
2012(mom)
(mom)
2012

0.07

Apr

-0.1

1.03
0.62
0.7

May

-0.03

Inflation
2013 (mom)

Jun

0.95

Jul

1.12

Aug

Inflation
2013 (yoy)

0.01
Sep

-0.35

0.55
0.12
0.16
0.54
0.09 0.07
Oct

Nov

Dec

Consumer Confidence
2013

Indonesia Banking Industry

strong fundamental

BI Rate, Upper & Lower Band

7.50%
6.50%

7.00%

7.00%

6.00%

6.00%

6.75%

6.75%

5.75%

5.75%

LDR, Loan & Deposit Growth

6.75%

5.50%
4.50%

2010

4.50%

2011
BI Rate

4.00%

2012

4.00%

Q1 '13
upper band

72.88% 75.21%

78.77%

83.58% 84.93%

89.47%
86.80% 88.91%

6.00%

5.50%

2009

7.25%

7.50%

5.75%

3.31%

24.6%
22.8%
18.5%

4.25%

1H '13

Q3 '13

2013

lower band

12.5%

In 2014, together with slower growth of loan, it is

expected that LDR will be manageable.
Indonesia banking industry still have strong
fundamental as ROA stayed above 3%, NIM is
improving and CAR above 18%. Whilst loan quality
maintained at below 2%.

22.2%

19.1%
2.17%

15.8%
1.87%

14.8%
1.97%

23.1%
20.6%
15.6%

14.2%
1.88%

1.86%

22.2%

14.7%
1.91%

10.0%
2009

In Dec 2013, BI maintained BI rate level at 7.50%, with

lending rate and deposit facility rate of 7.50% and
5.75%, respectively.
Loan growth was slowing in the last quarter, and it is
expected to grow inline with economic growth and
inflation target in 2014. Until Oct 2013, NPL maintained
at below 2%.

2.56%

23.1%

2010

2011

Loan Growth

2012

1Q 13

Deposit Growth

1H '13

9M '13

LDR

Oct '13

NPL

2013

2014

ROA, NIM & CAR

19.08%

16.80%

17.40%

18.08% 18.11%

17.43%

17.20%

18.48%

16.05%

5.66%

2.30%

2008

5.56%
2.60%

2009

5.73%

5.91%

2.86%

2010

5.49%

5.41%

5.43%

5.48%

5.50%

3.03%

3.11%

3.03%

3.02%

3.06%

3.09%

2011

2012

1Q13

1H13

9M13

Oct '13

ROA (LHS)

NIM (LHS)

CAR (RHS)

2013 a strong performance

Financial Updates

Financial Highlights

Asset/Liabilities
Total Assets (IDR Billion)
Total Loans (Gross) (IDR Billion)
Total Deposits (IDR Billion)
Asset Quality
NPL (gross)
NPL (nett)
Liquidity
LDR
Reserve Requirement - IDR
Reserve Requirement - FX
Profitability
Net Profit (IDR Billion)
NIM
ROE
ROA before tax
Cost of Fund (CoF)
Cost Efficiency Ratio (CER)
Operating Expense to Operating Income
Capital
Tier1 CAR
Total CAR

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

2012

Q1'13

Q2'13

Q3'13

2013

535,209
348,227
436,098

511,977
361,250
403,089

538,301
391,762
438,966

569,146
413,263
454,730

1.78%
0.34%

1.97%
0.46%

1.81%
0.41%

1.77%
0.43%

1.55%
0.31%

79.85%
10.64%
8.17%

89.62%
8.02%
8.00%

89.25%
8.02%
8.49%

90.88%
8.02%
8.04%

88.54%
8.02%
8.00%

18,521
8.42%
38.66%
5.15%
3.68%
43.11%
59.93%

5,007
8.19%
32.63%
4.76%
3.54%
44.22%
60.46%

10,012
8.08%
33.05%
4.62%
3.55%
43.85%
60.91%

15,228
8.25%
33.24%
4.65%
3.58%
44.33%
61.54%

21,160
8.55%
34.11%
5.03%
3.71%
42.13%
60.58%

15.86%
16.95%

16.90%
17.91%

16.41%
17.36%

16.24%
17.13%

16.13%
16.99%

606,370
430,618
486,366

yoy
13.3%
23.7%
11.5%

qoq
6.5%
4.2%
7.0%

14.2%

Balance Sheet a Strong Balance Sheet Structure with sufficient liquidity

(IDR Billion)

Description
Total Assets
- Gross Loans
- Government Bonds (Recap)
- Other Earnings Assets
Total Earning Assets
Earning Assets Provision
Total Earning Assets (net)
Total Non Earning Assets
Total Liabilities & S.E
Total Customer Deposits
- Demand Deposits
- Saving Deposits
- Time Deposits
Other Interest Bearing Liabilities
Non Interest Bearing Liabilities
Tier I Capital
Total Shareholder's Equity

2012
535,209
348,227
4,316
131,547
484,089
(14,584)
469,505
65,704
535,209
436,098
78,753
182,643
174,702
14,466
20,008
51,593
64,637

Q1'13
511,977
361,250
4,313
104,187
469,750
-14,737
455,013
56,964
511,977
403,089
57,937
172,489
172,663
18,774
25,769
58,216
64,345

Q2'13
538,301
391,762
4,308
92,920
488,990
-14,636
474,354
63,946
538,301
438,966
81,326
176,167
181,473
10,674
20,391
60,537
68,270

Q3'13
569,146
413,263
4,310
103,528
521,100
-14,708
506,393
62,753
569,146
454,730
75,787
186,575
192,368
19,955
21,246
62,937
73,214

2013
g(YoY) g(QoQ)
606,370
13.3%
6.5%
430,618
23.7%
4.2%
4,511
4.5%
4.7%
115,168 -12.5% 11.2%
550,297
13.7%
5.6%
(15,072)
3.3%
2.5%
535,225
14.0%
5.7%
71,145
8.3% 13.4%
606,370
13.3%
6.5%
486,366
11.5%
7.0%
78,017
-0.9%
2.9%
210,004
15.0% 12.6%
198,346
13.5%
3.1%
19,873
37.4%
-0.4%
21,261
6.3%
0.1%
65,964
27.9%
4.8%
78,870
22.0%
7.7%

Total asset grow 13.3% (yoy), driven by loans, while in deposits, low cost funds is still dominating
Manageable liquidity, as loan expansion fueled by third party fund
Strong capital, as 95% of Capital is Tier 1 Capital
Note: Since FY 2010, figures are PSAK 50 & 55 compliant
Numbers stated in this presentation are bank only

Loan Mix and Growth

Loans Outstanding by business segment

Composition by business segment (%)

(IDR trillion)
413.3
391.8
400.0

348.2
38.0

49.8
16.5

200.0

75.6

61.5

361.2

39.7

44.4

39.3

57.9
16.5
71.5

63.8

65.3
18.4
78.4

66.5
19.8
82.0

430.6
100.0

47.7

10.9

10.9

10.1

10.7

11.1

14.3

16.0

16.7

16.1

14.5

20.3

4.7

4.6

4.7

4.8

4.7

94.0

21.7

19.8

20.0

19.9

21.8

17.6

17.7

17.3

17.5

17.2

30.7

31.1

31.2

31.0

30.7

2012

Q1'13

Q2'13

Q3'13

2013

62.5

50.0

67.9

72.2

73.9

106.8

112.2

122.1

128.2

132.1

2012

Q1'13

Q2'13

Q3'13

2013

0.0
0.0

Micro

Consumer

Small Commercial

Medium

SoE

Corporate Non-SoE

Total Loan

Total loan grew 23.7%, with Micro is still the largest component of loan portfolio
Note: Since FY 2010, figures are PSAK 50 & 55 compliant
Numbers stated in this presentation are bank only

10

Loan Quality
Loan & NPL - trend

Non Performing Loan - gross (%)

NPL (%)
Micro
Consumer
Small Commercial
Medium
SoE
Corporate
Total

2012
1.09
1.60
3.75
5.09
0.00
1.00
1.78

Q1'13

1.29
1.69
4.63
5.47
0.00
0.97
1.97

Q2'13

1.22
1.56
4.19
4.71
0.00
0.96
1.81

Q3'13

1.23
1.50
3.94
5.00
0.00
0.94
1.77

2013
1.04
1.40
3.13
4.38
0.00
0.87
1.55

in 5 Years

430.6

4.00%

3.52%
400.0
3.50%

348.2
2.78%

350.0

NPL (%)

3.00%

283.6
2.50%

2.00%

247.0

300.0

Total Loan
(Rp Tr)

2.30%

250.0

205.5
1.78%

Inflation vs NPL (Industry & BRI)

200.0

1.55%

1.50%

Inflation
BRI NPL
Industy NPL

450.0

150.0

1.00%

100.0

2009

2010

2011

2012

2013

The fuel price hike

gives impact to
the increasing
inflation.
With Dec 2013
inflation of
8.38%, BRIs NPL is
improving reach its
new bottom of
1.55% in the last 8
years

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

11

Third Party Funds

Seeking low cost-retail funds & reaching new segments

Deposits: Trend

(IDR trillion)
454.7

439.0

436.1

Deposit Composition, COF and BI Rate

486.4

172.7

100%

80%

192.4

181.5

17.00%

90%

403.1

174.7

198.3

15.00%

40.1%

42.8%

57.9

40.78%

13.00%

11.00%

176.2

186.6

81.3

75.8

5.75%

210.0

6.00%

7.25%

7.50%

9.00%

7.00%

5.75%

5.00%
30%

20%

78.8

42.3%

60%

40%

172.5

41.3%

70%

50%

182.6

(%)

78.0

3.68%

3.54%

59.9%

57.2%

3.55%

3.58%

3.71%

57.7%

59.2%

3.00%

1.00%

10%

58.7%

0%

2012
Q1'13
Demand Deposit

Q2'13
Savings

Q3'13
Time Deposit

2013
TOTAL

-1.00%

2012
Q1'13
Low Cost

Q2'13
High Cost

Q3'13
COF

2013
BI Rate

In Q413, TPF growth is dominated by saving which enabled BRI to manage its CoF in tight liquidity environment
Tapping the youth securing future growth
3

2.47

2.5

1000

1.72

600

0.52

0.5

800

1.06

1.5

0.11
50

400

200

197

381

718

985

Achievement:

1200

Number of
Account
(Thousands)
Value (IDR
Trillion)

Top Brand Award

Category: Children Saving
2011

2012

2013

BRI Junio Saving Account is

designed for children and
youth segment market.
BRI Junio shows a superior
performance, reach IDR
2.47 Trillion in 2013, growing
44% from the previous year

2009

2010

2011

2012

2013

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

12

Income Statement - Highlights

... Much stronger income generation from operations...

(IDR Billion)

Description

FY 2012 FY 2013 g(YoY)

Interest Income
Interest Expense
Net Interest Income
Fee & Other Opr. Income
Gross Operating Income
Other Operating Expenses
Pre Provision Operating Profit
Provision
Non Operating Profit/Loss
Profit Before Tax n Minor. Int.
Net Profit
EPS*)

Q1'13

Q2'13

Q3'13

Q4'13

g(QoQ)

47,922
(12,461)
35,461

57,301
(14,395)
42,906

19.6%
15.5%
21.0%

12,873
(3,219)
9,654

13,147
(3,341)
9,806

14,481
(3,637)
10,845

16,800
(4,199)
12,601

16.0%
15.5%
16.2%

8,166
43,627
(18,602)
25,025

8,165
51,071
(21,284)
29,788

0.0%
17.1%
14.4%
19.0%

1,726
11,380
(4,949)
6,431

1,868
11,674
(5,069)
6,605

1,736
12,580
(5,685)
6,895

2,836
15,437
(5,580)
9,857

63.4%
22.7%
-1.8%
43.0%

(2,555)
1,169
23,639
18,521

(3,916)
1,776
27,648
21,160

53.3%
52.0%
17.0%
14.2%

(654)
356
6,133
5,007

(804)
218
6,019
5,004

(841)
519
6,573
5,216

(1,618)
683
8,922
5,932

92.4%
31.5%
35.7%
13.7%

750.8

857.8

14.2%

811.9

811.4

845.8

961.9

13.7%

Note:
*) annualized
Detail on the Fee & Other Operating Income on page 47

Net profit reached IDR 21.16 tr, coming from core operation as showed by PPOP growth of 19%, much
stronger than 2012s PPOP growth of 8.3%

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

13

Business Updates

14

Micro Banking

-Sustaining Growth-

15

Micro Banking Loan

Micro Loan

Micro Borrower

(IDR Trillion)

(In Million)

Micro KUR
6.5

132.1

Performance

2.7

2.7

22

20

2.6

128.2

18

2.5

16

2.5
14

2.4

6.2

122.1

12
2.4

2.3

6.0

10

8
2.3

2.2

112.2

4
2.2

5.7

15.1

106.8

16.4

18.5

19.7

20.8

2.1

5.5

2012

Q1'13

Q2'13

Outstanding (IDR Trillion)

Q3'13

2013

Borrowers (in Million)

Migration of Micro KUR to Micro Loan

900

800

700

2012

Q1'13

Q2'13

Q3'13

2013

2012

Q1'13

Q2'13

Q3'13

2013

684

720

766

802

842

12
10

600

500

Total Micro Loan and KUR increased 23.7%, supported by increasing number of
new micro loan borrower migrated from KUR Loan.
Number of new loan accounts keep increasing reach 365.4 thousand in Q4-2013
or total of 6.5 million of micro & KUR loan accounts
Micro KUR NPL is maintained at 1.42%, declining from 1.86% in September 2013.

400

300

200

7.8

8.7

9.9

10.9

12.1

100

4
2
0

2012

Q1'13 Q2'13 Q3'13

Plafond (IDR Trillion)

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

14

2013

Borrowers (in Thousand)

16

Micro Banking - Deposit

Micro Funding, providing liquidity from stable core funding

Micro Deposit Composition

Deposit
IDR Trillion

2013

2012

146.2
10.3%
0.9%

10.8%
0.9%

133.9
126.6

2012

126.3
124.0

Q1'13

88.2%

88.8%

Q2'13

Q3'13

Saving dominates total

Micros deposit, with average
size of around IDR 5.1 million

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

2013

Sav ing

Demand Deposit

Time Deposit

To secure continued loan

growth with enough liquidity
from low cost and stable core
funds

17

Micro Banking Teras BRI

Teras BRI - more accessible, getting closer to customers

Teras BRI Performance

Contribution TerasBRI to Total Micro Loan & KUR

12,000

3,000

IDR billion

Loan

2,671
2,552
2,356

10,000

8.0%

7.6%

7.5%

9,981

7.0%

3.5%

8,312

2,000

3.5%

3.1%

6.8%

7.0%

8,984
8,000

4.0%

2,500

2,154

2,128

Deposit

3.0%
6.5%

2.2%

6.0%
2.5%

5.3%
6,000

1,500

5.5%

5.0%

5,928

2.0%

1.8% 1.8%

5.0%

5,309

5,120
1.5%
4.5%

4,000

1,000

4,172

4.0%

2012 Q1'13Q2'13Q3'13 2013

2,826
2,000

2,254

2,229

Q1'13
Loan

2012 Q1'13Q2'13Q3'13 2013

500

2012

1.0%

Q2'13
Deposit

Q3'13

2013

TerasBRI and mobile TerasBRI are the arm-length

of conventional micro outlet, designed to
develop the market and protect the market from
competitors.

# of Teras BRI

TerasBRI continuously shows superior performance

with loan growth of 88.0% and deposit increase
127.2% yoy.
Note: Since FY 2010, figures are PSAK 50 & 55 compliant
Numbers stated in this presentation are bank only

18

Consumer Loans

- Optimizing the Salary Based Loan Potentials -

19

Consumer Loan- growing in a profitable way

Salary Based Loan, continued Growth

Consumer Loan Composition

(IDR Trillion)
72.2
61.5
12.5

63.8
12.7

(IDR Trillion)

In 5 Years

73.9

73.9

67.9

13.8

15.6

16.4

41.1
6.9

51.4
10.3

55.8
12.0

51.1

54.0

56.6

57.5

2012

Q1'13

Q2'13

Q3'13

2013

Salary Based Loan

16.4

12.5

34.2

41.1

43.8

49.0

57.5

2009

2010

2011

2012

2013
17.5%

11.9%
6.6%

Others

Salary Based Loan contributes around 80% of

BRIs consumer loan
In the last 3 years, growth is increasing
steadily, with the NPL maintained at below 1%
Note: Since FY 2010, figures are PSAK 50 & 55 compliant
Numbers stated in this presentation are bank only

2011

Others
Salary Based
Loan

YoY Growth

49.0

61.5

2012

2013

Small Commercial & Medium Loans

21

Small Commercial & Medium Loans a successful restructuring

As the result of continuous restructuring, NPL is trending down steadily.

Medium

Small Commercial
in 5 Years5.11%
100

90

80

4.21%

in 5 Years

6.00%

4.53%

25
5.00%

3.75%

70

60

12.31%

14.00%

12.00%

3.13%

20
4.00%

6.90%

15
50

3.00%

10.00%

7.11%
5.09%

40
10

2.00%

8.00%

4.38%

6.00%

30
4.00%
20

10

57.2

62.4

67.6

75.6

94.0

1.00%

14.9

13.8

13.8

16.5

20.3

2009

2010

2011

2012

Total Loan (IDR Trillion)

2013

in 2013

60

75.6

4.63%
71.5

3.75%

82.0

78.4

2009

2010

3.94%

2011

Total Loan (IDR Trillion)

94.0

in 2013

5.50%

5.00%
20

4.50%

4.19%

0.00%

NPL

100

80

2.00%

0.00%

3.13%

5.09%
16.5

5.47%
16.5

4.00%

18.4
4.71%

2012

2013

NPL

19.8
5.00%

20.3
4.38%

15

6.00%

5.00%

4.00%

3.50%

3.00%

40

91.8%

90.7%

90.6%

90.6%

3.00%

91.2%

2.50%

10

2.00%

72.4%

71.5%

73.0%

73.6%

27.6%

28.5%

27.0%

26.4%

74.0%

2.00%

1.50%

5
20
1.00%

8.2%

9.3%

9.4%

9.4%

8.8%

0.50%

0.00%

FY'12
Q1'13
Working Capital

H1'13
9Mo'13
FY'13
Investment
Total Loan
(IDR Trillion)

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

NPL

26.0%

1.00%

0.00%

FY'12
Q1'13
Working Capital

H1'13
9Mo'13
FY'13
Investment
Total Loan

NPL

(IDR Trillion)

22

SoE & Corporate Loans

23

SOE & Corporate Loans

Growth Trend

(In IDR Trillion)

in 5 years

110.2

in 2013
105.0

Corporate

110.9

110.2

97.2

SoE
Total Corp + SoE Loan

87.8

Trickle Down Business

Loans from
Corp & SoE
Customers

87.8

Plafond

O/S

(IDR Trillion)

(IDR Trillion)
3.36

6.08

YoY:
98.0%

YoY:
158.5%

3.07

56.2
38.3

37.8%

43.3%

43.3%

40.4%
43.3%

43.3%

43.9

40.0%

2012

53.5%

SoE Loans
45.4%

46.5%

56.8%

56.7%

56.7%

56.7%

59.6%

62.2%

60.0%

56.7%

2009

2010

2011

2012

2013

2012

Q1'13

Q2'13

Q3'13

2013

Q1'13

Q2'13

2009
7.83
0.23

2010
4.64
-

2011
2.24
-

2012

2013

2013

By business segment

43.2%
54.6%

1.30

2012
1.00
-

2013

NPL (%)

0.87 Corporate
-

SoE

2012
1.00
-

0.97
-

0.96
-

Q3'13
0.94
-

Infrastructure,
Utilities &
Transportation
38.4%

2013
0.87
-

The development of Corporate & SoE are intended to provide future cross selling
opportunities to the Small & Medium segments, which are in the consolidation
phase in the last 3 years
BRI is very prudent in disbursing Corporate & SoE loans, shown by zero percent of
NPL in SoE Loans in the last 4 years, and improving quality of Corporate Loans, as it
reach 0.87% in December 2013.
Small commercial loan trickled down from SoE & Corporate segments shows a
promising performance, as evidenced by increasing plafond (98.0% yoy) and loan
outsanding (168.6% yoy)
Note: Numbers stated in this presentation are bank only

Mining, Oil
& Gas
Others
3.8%
9.4%

Corporate Loans
Mining, Oil and
Gas
8.3%

Agribusiness
34.2%

Industry
14.3%

Othe rs
10.5%

Agribusiness
40.3%

I nfrastructure ,
Utilities and
Transportation
12.1%

Industry
28.8 %

24

Fee Based Income

- Growing Presence of E-Banking -

25

Fee Based Income a growing contribution from e-Banking transactions

2012

2013
377.3
9.6%

673.6
13.9%

365.9
9.3%

6.0

299.9
6.2%
514.4
10.6%

92.2
2.3%
212.8
5.4%

Deposit Adm. Fee

119.2
2.5%
237.3
80.9
4.9%
2.1% (Nominal in billion) 121.2
2.5%
e-Banking Related Fee
Loan Adm. Fee

Credit Card

Payment Service

2,893.9
59.6%

Trade Finance

37.5%

Credit Card

29.2%

Deposit Adm. Fee

19.3%

Payment Service

11.5%

Loan Adm. Fee

Total

-18.0%
23.7%

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

7.2%

8.0%
7.0%

6.3%

5.6%

6.0%
5.0%
4.0%
4.9

2.1

2.8

3.4

3.9

3.0%
2.0%
1.0%

0.0%
2009

78.5%

6.9%

3.0

1.0

FBI YoY Growth

Trade Finance

5.3%

2.0

Others

e-Banking Related Fee

FBI
(IDR
FBI
(Rp
Tr)Trillion)
FBI
FBItotoIncome
Income

5.0
4.0

374.2
9.5%
2,424.9
61.7%

FBI to Total income

2010

2011

2012

2013

FBI contribution to Total Income is

increasing at 7.2% in December 2013
Transaction based fee, i.e. e-Banking
Related Fees and Trade Finance
increased significantly yoy 78.5%, and
37.5% respectively
Deposit administration fee still contribute
the biggest part of fee-based income, as
BRI has large number of customer
accounts

26

E-Banking Performance a growing presence

# of Users
(In Million)

ATM
YOY Growth
13.8%

17.0

19.4

# of Transaction

Transaction Value

(In Million)

(In IDR Trillion)

YOY Growth
45.8%

757.8
429.2

482.7

6.8

2012

2013

2011

2012

2013

2010

2011

673.6

YOY Growth
70.8%

126.5

2010

E-banking related fee

(In IDR Billion)

249.6

266.9

2011

YOY Growth
76.6 %

789.2

10.5

2010

1,150.7

2012

2013

238.0

308.4

377.3

SMS Banking
YOY Growth
72.8%

5.87

YOY Growth
80.5%

84.0

2010

9.5
2012

2013

2010

2.8

0.8
2011

2012

2013

2011

2012

2013

E-Banking related Fee to

Total FBI
13.9%

7.7

25.4

1.60

2011

2010

46.6

3.40
0.60

21.0

YOY Growth
173.8%

8.6%

9.2%

9.6%

2010 2011 2012 2013

Internet Banking
YOY Growth
177.0%

1.03

YOY Growth
62.7%

23.9

26.8

YOY Growth
188.9%

14.7
0.37
0.06
2010

0.16

2011

9.3

6.9
3.2

2012

2013

2010

0.5
2011

Note: Numbers stated in this presentation are bank only

2012

2013

2010

2.8
2011

2012

2013

2010

2011

2012

2013

Ample opportunity to grow fee

based income coming from ebanking, as BRI has huge base
number of customer accounts
(As of Dec 13, around 48
million accounts)

27

Fee Incomes Highlights Trade Finance & Cash Management

A glimpse of Corporates trickled down also shown by the growth of Trade Finance & Cash Management Fees
Cash Management Fee

TF Related Fee
To Total FBI

10.6%
9.5%

8,3

(IDR Billion)
YOY = 50.3%
5,5
4,5
3,4

7.0%
3.8%

2010

2011

2012

TF Related Fee

2013

514.4

YOY = 37.5%
Money Changer
TF Fee
FI
Impor
235.8
Ekspor

2010

2013

3,288

# of clients

1,472

433

2010
2011

2012

YOY = 123.4%

374.2

104.4

2010

2011

2012

Note: Numbers stated in this presentation are bank only

757

2011

2012

2013

2013

28

2014 optimizing capacity, securing growth

29

2014 & Beyond

optimizing capacity, securing growth

What BRI had

Network
The largest real time online
conventional & e- channel
networks

People
Large, younger & well educated

What does it mean

BRI ready to grab huge &

un-tap potential of Indonesia

Ready to embrace
changes, faster

more effient & reliable

operations

The largest

huge business potential

development

Quality

Client Base

Expanding to new area of potential

optimizing usage of networks

Proven Infrastructure,

Improving Service

What BRI will do

to secure growth

More marketing roles & continuous

HR development
Developing more IT based
infrastructure & Improving business
process (gaining more ISO
certificates)
More cross selling potential
Reaching new customer & new
segment

2014
Retail Funding, Selective Loan Growth
Note: Numbers stated in this presentation are bank only

30

Key Take Aways

31

Key Take Aways

2013

Manageable cost of fund (3.71%) during tight liquidity environment

Sustainable growth showed by increasing loan growth (23.7%) and improving loan quality
(1.55%)

Loan to deposit ratio (88.54%) maintained at comfortable level

Saving (15.2%) as driver for deposit growth

Increasing efficiency (42.13%)

Stable growth of fee based income (23.7%)

Solid capital condition, Total CAR Ratio of 16.99%

2014
Increasing portion of low cost fund & fee based income by optimizing people, product & infrastructure
(network & IT System)
Selective loan growth, focusing on high yield loan
Maintaining loan quality & operation efficiency

32

Appendixes
Financial Performance
Others
5 Years Data

33

Financial Performance

34

Financial Ratios

Description
Cost of Fund (COF)
Loan to Deposit Ratio
Net Interest Margin (NIM)
NPL ratio - Gross
NPL ratio - Nett
CKPN to Earning asset
Opr. Expense to Opr. Income
Cost Efficiency Ratio (CER)
Tier I CAR
Total CAR
Return on Assets (ROA) - b.t
Return on Assets (ROA) - a.t
Return on Equity (ROE) - Tier I
Return on Equity (ROE) - B/S
Min. Reserve Requirement
Net Open Position

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

2012
3.68%
79.85%
8.42%
1.78%
0.34%
3.43%
59.93%
43.11%
15.86%
16.95%
5.15%
4.04%
38.66%
32.41%
10.64%
3.00%

Q1'13
3.54%
89.62%
8.19%
1.97%
0.46%
3.30%
60.46%
44.22%
16.90%
17.91%
4.76%
3.89%
32.63%
30.28%
8.02%
6.45%

1H'13
3.55%
89.25%
8.08%
1.81%
0.41%
3.20%
60.91%
43.85%
16.41%
17.36%
4.62%
3.80%
33.05%
30.07%
8.02%
5.14%

9Mo'13
3.58%
90.88%
8.25%
1.77%
0.43%
2.98%
61.54%
44.33%
16.24%
17.13%
4.65%
3.78%
33.24%
29.80%
8.02%
3.48%

FY'13
3.71%
88.54%
8.55%
1.55%
0.31%
2.90%
60.58%
42.13%
16.13%
16.99%
5.03%
3.85%
34.11%
30.10%
8.02%
3.15%

35

Sources of Income
Total Income
Total Income
Interest income
Fee & Other [Link]
Non Operating Income (net)
Total Income

IDR Billion

2012

47,922
8,166
1,169
57,256

2013

57,301
8,165
1,776
67,242

g (YoY)

19.6%
0.0%
52.0%
17.4%

Q1'13

12,873
1,726
356
14,954

Q2'13

Q3'13

Q4'13

g(QoQ)

13,147
1,868
218
15,233

14,481
1,736
519
16,736

16,800
2,836
683
20,319

16.0%
63.4%
31.5%
21.4%

As of Dec 2013, Interest Income contributed 85.2% of total revenue

Interest Income
Interest Income
Interest from Loans
Int. from Other Earning Assets
Total Interest Income

IDR Billion

2012

2013

g (YoY)

Q1'13

Q2'13

Q3'13

Q4'13

g(QoQ)

42,623

51,733

21.4%

11,360

12,019

13,081

15,272

16.7%

5,299

5,567

5.1%

1,512

1,128

1,400

1,527

9.1%

47,922

57,301

19.6%

12,873

13,147

14,481

16,800

16.0%

Fee & Other Operating Income

IDR Billion
Fee & Other Operating Income

2012

2013

g (YoY)

Q1'13

Q2'13

Q3'13

Q4'13

g(QoQ)

Gain Fr Value Increase of Securities

and Govt. Recap Bonds
Fees and Commissions
Gain fr Forex
Recovery
Others
Total Fee & Other Opr. Income

56
3,928
427
2,251
1,504
8,166

83
4,860
455
1,932
835
8,165

48.2%
23.7%
6.7%
-14.1%
-44.5%
0.0%

1,036
182
443
64
1,726

17
1,180
(1)
478
194
1,868

8
1,199
(5)
474
59
1,736

58
1,445
279
537
517
2,836

605.5%
20.5%
-5910.8%
13.4%
772.0%
63.4%

Interest Income from loans contribute 90.3% of total interest income (or 76.9% of total income)
Note: Since FY 2010, figures are PSAK 50 & 55 compliant
Numbers stated in this presentation are bank only

36

Other Operating Expenses

IDR Billion

Other Operating Expenses

Personnel
General and Administration

2012

2013

9,215
6,000

11,748
7,103

729
731
1,928
18,602

g (YoY)

Q1'13

27.5%
18.4%

2,980
1,355

885
652
897

21.4%
-10.9%
-53.5%

0
212
134
268

21,284

14.4%

4,949

Losses fr decrease of Securities

and Govt. Bonds value
Losses from forex transaction
Premium Paid on Govt Guarantees
Promotion
Others
Total Other Opr. Expenses

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

Q2'13

Q3'13

Q4'13

g(QoQ)

2,831
1,620
(0)
212
144
263

3,198
1,814
231
144
299

2,739
2,315
231
229
66

-14.3%
27.6%

5,069

5,685

5,580

-1.8%

0.0%
59.3%
-77.9%

37

Balance Sheet (consolidated)

Description
Total Assets
- Gross Loans
- Government Bonds (Recap)
- Other Earnings Assets
Total Earning Assets
Earning Assets Provision
Total Earning Assets (net)
Total Non Earning Assets
Total Liabilities & S.E
Total Customer Deposits
- Demand Deposits
- Saving Deposits
- Time and Certificate Deposits
Other Interest Bearing Liabilities
Non Interest Bearing Liabilities
Tier I Capital
Total Shareholder's Equity

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

2012
551,337
362,007
4,316
132,720
499,042
(14,916)
484,126
67,211
551,337
450,166
80,075
184,365
185,726
15,784
20,505
52,325
64,882

Q1'13
529,509
375,789
4,313
105,860
485,962
-15,083
470,879
58,631
529,509
418,050
59,007
174,671
184,372
20,687
26,138
58,991
64,635

Q2'13
556,459
407,969
4,308
93,471
505,748
-14,985
490,764
65,695
556,459
455,051
82,355
178,533
194,163
11,868
20,918
61,572
68,622

Q3'13
587,706
430,195
4,310
103,601
538,106
-15,051
523,056
64,651
587,706
471,154
76,701
189,212
205,242
21,167
21,642
62,937
73,743

2013
626,183
448,345
4,511
115,690
568,546
(15,419)
553,127
73,055
626,183
504,281
79,337
212,997
211,948
20,896
21,678
67,270
79,327

YoY
13.6%
23.8%
4.5%
-12.8%
13.9%
3.4%
14.3%
8.7%
13.6%
12.0%
-0.9%
15.5%
14.1%
32.4%
5.7%
28.6%
22.3%

QoQ
6.5%
4.2%
4.7%
11.7%
5.7%
2.4%
5.7%
13.0%
6.5%
7.0%
3.4%
12.6%
3.3%
-1.3%
0.2%
6.9%
7.6%

38

Income Statement (consolidated)

Description
Interest Income
Interest Expense
Net Interest Income

2012

2013

YoY

49,610

59,461

19.9%

13,352

13,671

15,059

17,379

15.4%

17.0%
20.9%

(3,434)
9,919

(3,561)
10,109

(3,892)
11,167

(4,468)
12,911

14.8%
15.6%

(13,127) (15,355)
36,484
44,106

Q1'13

Q2'13

Q3'13

Q4'13

QoQ

Fee & Other Opr. Income

8,390

8,348

-0.5%

1,796

1,919

1,796

2,837

57.9%

Gross Operating Income

44,873

52,455

16.9%

11,715

12,029

12,964

15,748

21.5%

14.8%
18.5%

(5,180)
6,535

(5,339)
6,689

(5,985)
6,978

(5,876)
9,871

-1.8%
41.5%

(676)
357

(816)
215

(833)
518

(1,621)
692

94.5%
33.5%

8,942
5,900

34.2%
11.4%

Other Operating Expenses

Pre Provision Operating Profit

(19,491) (22,381)
25,382
30,074

Provision
Non Operating Profit/Loss

(2,700)
1,177

(3,946)
1,782

46.2%
51.4%

Profit Before Tax n Minor. Int.

Net Profit

23,860
18,687

27,910
21,354

17.0%
14.3%

757.5

865.6

14.3%

EPS *)

6,216
5,087
824.8

6,089
5,071
822.2

6,663
5,297
858.9

956.7

11.4%

*) annualized

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

39

Others

40

The STRENGTH : Network

Milestones - Networks
2013

Hybrid Branch

2012

MoCash

2011

TerasBRI Mobile

2010
2009

BRIZZI

All outlet real time online,

E-Buzz, Teras BRI,
BRILink, Internet Banking

Outlet Distribution - Trend

Conventional Outlet
Outlet
Head Office
Regional Office
Branch Office*
Sub-Branch Office
BRI Unit
Cash Office
Teras BRI
Teras BRI Mobile
Total

2009

1
17
406
434
4,538
728
217

2010

2012

2012
2013
14,292 18,292
44,715 85,936
92
192
100
100
42
50
59,241 104,570

6,341

6,990

1
18
431
502
4,849
870
1,304
100
8,075

2009
3,778
6,398
22
60
1
10,259

2010
6,085
12,719
39
96
2
18,941

2011
7,292
31,590
89
100
19
39,090

* include 3 overseas offices

1
18
413
470
4,649
822
617

2011

1
18
446
545
5,000
914
1,778
350
9,052

2013

1
18
453
565
5,144
950
2,212
465
9,808

E-Channel
E-Channel
ATM
EDC
CDM
Kiosk
E-Buzz
Total

ATM Distribution

2007

2006

CDM,
Cash Management

2009

2013

13%1%
4%

1%

Office

39%
55%

Mobile Banking

Note: Numbers stated in this presentation are bank only

Housing

82%

5%

Public Space
Shops

41

The STRENGTH: Proven Infrastructure & Improving Service Quality

The success of connecting all outlets real time online in 2009 accelerate BRIs business expansion.

Number of Daily Transaction

Proven Infrastructure

(in Thousand)

Improving business
process, provide
reliable transaction
and increase
efficiency
BRI is targeting for
more ISO
certifications, so that
by the end of 2017, all
operating processes
will be certified.

2.8

1,600.0

Teller Trx
1,400.0

E-Channel Trx

2.5

1,341.9

2.0

1,200.0

2.0

1.7

1,000.0

ISO 9001:2008 by LRQA

Card Production
Complaint Handling
Payment System by RTGS &Clearing
Remittance System
Audit Process

1.5

800.0

200.0

898.1

1.0

600.0

400.0

635.9

1.0

0.5
355.6

161.8
302.8

363.0

374.9

441.0

486.0
-

2009

12

11

Developments
of e-banking
also
accelerated,
shows by
increasing
usage of echannel

0.5

Service Quality MRI Rank*

3.0

2010

2011

2012

2013

Features Enhancement
Service quality
continuously
improved.
Currently, BRI
positioned at Rank
4th in MRI* survey

Internet Banking
CMS
ATM
EDC

80
25 28

* Independent surv ey held by Market Research Indonesia (MRI)

Note: Numbers stated in this presentation are bank only

136
114

110

18
06-07 07-08 08-09 09-10 10-11 11-12 12-13

230 230

Mobile Banking

Complete
e-banking
features, > 200
features
available

75

15

2009

Okt2013
2013

42

Ratings
FITCH (Oct 2013)

BRI Rating

Country Rating

Long Term Foreign Currency IDR

BBB-, Stable Outlook

Short Term Foreign Currency IDR

Support Rating Floor
Support Rating

F3
BBB2

Viability Rating
National Long-Term Rating

bb+
AAA (idn), Stable Outlook

Rupiah Subordinated Debt

A+ (idn)
Senior Unsecured Notes
BBBSTANDARD AND POORS (May 2012)

Outlook
Long Term Foreign Issuer Credit
Long Term Local Issuer Credit

Outlook
Bank Deposit
Bank Financial Strength

Stable
Baa3/P-3
D+

Baseline Credit Assessment

Adjusted Baseline Credit Assessment
Senior Unsecured Notes

(Ba1)
Baa3
Baa3
(Ba1)
Baa3

PEFINDO (January 2014)

National Rating
id AAA, Stable Outlook
Indonesia Sovereign Ratings

Stable
BB+
BB+

Short Term Foreign Issuer Credit

B
Short Term Local Issuer Credit
B
MOODY'S (March 2013)

Standard and Poors (May 2013)

Fitch (December 2011)
Moody's (January 2012)

BB+, Stable Outlook

BBB-, Stable Outlook
Baa3, Stable Outlook

Japan Credit Rating Agency (Nov 2012)

BBB-, Stable Outlook

43

Shareholders & Stock Performance

Shareholders Composition

Shareholder

2003

2009

2010

2011

2012

Q113 Q213 Q313

2013

Government 59.50%56.77% 56.75% 56.75% 56.75% 56.75% 56.75% 56.75% 56.75%

Public

40.50%43.23% 43.25% 43.25% 43.25% 43.25% 43.25% 43.25% 43.25%

Foreign *)

79.10% 84.16%

84.25%

83.93%

82.84%

86.31%

83.24%

81.53%

78.94%

Domestic *)

20.90% 15.84%

15.75%

16.07%

17.16%

13.69%

16.76%

18.47%

21.06%

*) percentage from public holding

Stock Price: Trend

350

BBRI Stock is member of:

JCI Index
LQ45 Index (Top 45 liquid
stocks)
SRI KEHATI Index (a UN
affiliated biodiversity Index
of 25 stocks)

Volume

Price
12,000
volume

300

Price

10,000

250

8,000

200
6,000
150
4,000

100
50

2,000

Dec-03

Dec-04

Dec-05

Dec-06

Dec-07

Dec-08

Dec-09

Dec-10

Dec-11

Dec-12

Dec-13

44

5 Years Data

45

5 Years Data
Balance Sheet
Description
Total Assets
- Gross Loans
- Government Bonds (Recap)
- Other Earnings Assets
Total Earning Assets
Earning Assets Provision
Total Earning Assets (net)
Total Non Earning Assets
Total Liabilities & S.E
Total Customer Deposits
- Demand Deposits
- Saving Deposits
- Time Deposits
Other Interest Bearing Liabilities
Non Interest Bearing Liabilities
Tier I Capital
Total Shareholder's Equity

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

2009
314,746
205,522
15,027
76,487
297,037
(11,576)
285,461
29,285
314,746
254,118
49,965
104,119
100,034
20,941
12,429
20,846
27,257

2010
398,393
246,964
13,626
113,669
374,259
(14,007)
360,252
38,141
398,393
328,556
77,049
125,198
126,310
16,595
16,569
27,673
36,673

2011
456,531
283,583
8,996
127,774
420,353
(15,869)
404,484
52,047
456,531
372,148
75,579
152,474
144,095
18,413
16,195
38,215
49,775

2012
535,209
348,227
4,316
131,547
484,089
(14,584)
469,505
65,704
535,209
436,098
78,753
182,643
174,702
14,466
20,008
51,593
64,637

2013
606,370
430,618
4,511
115,168
550,297
(15,072)
535,225
71,145
606,370
486,366
78,017
210,004
198,346
19,873
21,261
65,964
78,870

46

5 Years Data
Income Statement

Ratios

Note: Since FY 2010, figures are

PSAK 50 & 55 compliant
Numbers stated in this
presentation are bank only

Description
Interest Income
Interest Expense
Net Interest Income
Fee & Other Opr. Income
Gross Operating Income
Other Operating Expenses
Pre Provision Operating Profit
Provision
Non Operating Profit/Loss
Profit Before Tax n Minor. Int.
Net Profit
EPS*)

Description
Cost of Fund (COF)
Loan to Deposit Ratio
Net Interest Margin (NIM)
NPL ratio - Gross
NPL ratio - Nett
CKPN to Earning asset
Opr. Expense to Opr. Income
Cost Efficiency Ratio (CER)
Tier I CAR
Total CAR
Return on Assets (ROA) - b.t
Return on Assets (ROA) - a.t
Return on Equity (ROE) - Tier I
Return on Equity (ROE) - B/S
Min. Reserve Requirement
Net Open Position

2009

2010

2011

2012

2013

35,071
(12,180)
22,891
3,257
26,148
(11,773)
14,375

43,971
(11,449)
32,523
5,458
37,980
(15,648)
22,332

46,949
(13,079)
33,870
5,524
39,394
(16,288)
23,106

47,922
(12,461)
35,461
8,166
43,627
(18,602)
25,025

57,301
(14,395)
42,906
8,165
51,071
(21,284)
29,788

(5,805)
1,327
9,897
7,308
296.3

(7,926)
497
14,903
11,472
465.0

(5,532)
1,157
18,731
15,083
611.4

(2,555)
1,169
23,639
18,521
750.8

(3,916)
1,776
27,648
21,160
857.8

2010

2011

2012

2013

2009
6.02%
80.88%
9.14%
3.52%
1.08%
4.29%
77.66%
46.72%
12.05%
13.20%
3.73%
2.76%
35.22%
28.83%
5.90%
5.22%

4.90%
75.17%
10.77%
2.78%
0.74%
4.58%
70.86%
42.22%
12.01%
13.76%
4.64%
3.57%
43.83%
35.94%
8.05%
4.45%

4.70%
76.20%
9.58%
2.30%
0.42%
4.51%
66.69%
41.17%
13.67%
14.96%
4.93%
3.97%
42.49%
35.10%
9.33%
5.49%

3.68%
79.85%
8.42%
1.78%
0.34%
3.43%
59.93%
43.11%
15.86%
16.95%
5.15%
4.04%
38.66%
32.41%
10.64%
3.00%

3.71%
88.54%
8.55%
1.55%
0.31%
2.90%
60.58%
42.13%
16.13%
16.99%
5.03%
3.85%
34.11%
30.10%
8.02%
3.15%

47

5 Years Data
Loan Outstanding (IDR Trillion)

Loan Composition (%)

430.6
47.7

100.0

10.2

9.5

8.5

8.5

8.3

11.3

7.3

5.6
25.3

27.8

4.9
23.8

400.0

10.9

11.1

14.3

14.5

4.7

4.7

21.7

348.2
283.6
247.0

21.8

50.0
200.0

20.8

20.0

19.7

17.6

23.5
20.4
13.8

205.5

17.2

20.9
17.4
14.9

30.5

31.8

30.7

62.4

0.0

94.0

16.5
75.6

73.9
55.8

51.4

41.1

30.7

20.3

49.8

67.6

57.2

26.3

24.3
32.0
13.8

62.5

38.0

61.5

54.1

75.4

90.2

106.8

132.1

2009

2010

2011

2012

2013

2009

2010

Micro

Loan Quality

Note: Since FY 2010, figures are

PSAK 50 & 55 compliant
Numbers stated in this
presentation are bank only

2011

Consumer

2012

2013

Small Commercial

NPL (%)
Micro
Consumer
Small Commercial
Medium
SoE
Corporate
Total

2009
1.40
1.35
4.21
12.31
0.23
7.83
3.52

Medium

2010
1.21
1.40
5.11
6.90
0.00
4.64
2.78

2011
1.19
1.53
4.53
7.11
0.00
2.24
2.30

SoE

2012
1.09
1.60
3.75
5.09
0.00
1.00
1.78

Corp

2013
1.04
1.40
3.13
4.38
0.00
0.87
1.55

TotalLoan

48

5 Years Data
Third Party Fund (TPF)

TPF Composition, CoF & BI Rate (%)

(IDR Trillion)

486.4
1 00 %

1 7. 00%

436.1
9 0%

1 5. 00%

372.1
198.3

328.6

174.7

8 0%

39.4%

38.4%

38.7%

40.1%

40.8%

1 3. 00%

7 0%
1 1. 00%

144.1
254.1

6 0%

126.3
5 0%

100.0
125.2

182.6

152.5

210.0

6.50%

6.00%
5.75%

7. 00 %

4 0%

6.02%

5. 00 %

4.90%

4.70%
3.68%

2 0%

77.0

78.8

75.6

78.0

3.71%

2010

Demand Deposit

2011

Savings

2012

Time Deposit

Note: Since FY 2010, figures are PSAK 50 & 55 compliant

Numbers stated in this presentation are bank only

2013

TOTAL

3. 00 %

1. 00 %

1 0%

60.6%

61.6%

61.3%

59.9%

59.2%

0%

2009

9. 00 %

3 0%

104.1

50.0

6.50%

7.50%

-1 .0 0%

2009

Low Cost

2010

2011

2012

HighCost

COF

2013

BI Rate

49

PT BANK RAKYAT INDONESIA (Persero) Tbk.

Investor Relations
20th floor BRI I Building
Jl Jendral Sudirman Kav 44-46 Jakarta 10210
Indonesia
Phone : 62 21 5752006/09, 5751952/79
Fax.
: 62 21 5752010
Website : [Link]
E-mail : ir@[Link]

Disclaimer: This report has been prepared by PT Bank Rakyat Indonesia (Persero) Tbk (Bank BRI) independently and is circulated for the purpose of general information only.
It is not intended to the specific person who may receive this report. The information in this report has been obtained from sources which we deem reliable. No warranty
(expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations included in this report constitute our judgment as of this date
and are subject to change without prior notice. We disclaim any responsibility or liability without prior notice of Bank BRI and/or their respective employees
and/or agents whatsoever arising which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this
report and neither Bank BRI and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or
otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise.