1NEWS Central Java – PT Bank Rakyat Indonesia (Persero) or BRI is more efficient by recording a Current Account Saving Account or CASA in the first quarter of 2022 of 63.8 percent.
This figure is higher than in 2017 which was only 56.63 percent with a value of IDR 397 trillion.
This growing CASA makes BRI push its cost efficiency or Cost of Fund (CoF) to 1.7 percent in the first quarter of 2022.
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“This proves BRI’s consistency in pushing forward performance. On an ongoing basis, we will continue to increase low-cost funds as a source of funding,” said BRI Finance Director, Viviana Dyah Ayu, to 1NEWS, Monday (9/5).
The addition of the CASA portion is part of the transformation of the company’s liability structure to support a sustainable business.
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This business is in the form of transaction-based products and services in the wholesale segment, as well as strengthening features and financial transactions through BRImo’s Financial Super Apps.
The increase in CASA also cannot be separated from BRI’s optimization of the company’s 130 million customers.
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Viviana is optimistic that BRI will still be able to increase its CASA portion, especially after the merger of PT Pegadaian and PT Permodalan Nasional Madani (PNM) into the BRI Group since September 2021 through Holding Ultra Micro (UMi).
