JAKARTA - Until the end of the third quarter of this year, PT Bank Rakyat Indonesia Agroniaga Tbk (AGRO) has succeeded in disbursing credit amounting to Rp 18.39 billion. This figure increased 34.61% on an annual basis compared to the same period last year of Rp 13.66 billion.
Based on the business sector, credit is still dominated by the agribusiness sector by 56%. While credit to the non-agribusiness sector was at 44%. In terms of business segment, 71% of credit are channeled to the medium segment, 24% to retail and 5% to consumers.
For information, BRI Agro's third party funds reached Rp 19.70 billion at the end of the third quarter. The third party funds also increased by 24.55% on an annual basis from Rp 15.82 billion in 3Q 2018.
DPK composition is dominated by deposits by 90%, current accounts by 6% and savings by 4%. BRI Agro has several strategies to improve CASA such as e-banking development, QR Payment, digital saving, debit cards, ecosystems and synergy with the BRI Group. (LM)