BRI Tops Indonesia’s Financial Institutions in Fortune Southeast Asia 500 List
Main Takeaways
|
JAKARTA, Investortrust.id – PT Bank Rakyat Indonesia (Persero) Tbk, or BBRI, has once again earned international acclaim, emerging as the highest-ranked financial institution from Indonesia on the 2025 Fortune Southeast Asia 500 list. The state-owned lender also placed fourth among all financial companies in Southeast Asia, further cementing its regional standing.
Overall, BBRI was ranked 14th out of the 500 largest companies in Southeast Asia based on revenue, outperforming several regional giants including Singapore’s SEA and Singapore Airlines, Thailand’s Charoen Pokphand Foods, and Malaysia’s Maybank.
According to Fortune, BBRI posted $17.68 billion in revenue in 2024, an 18.6% increase year-on-year. The achievement reflects the bank’s robust and sustainable business fundamentals, positioning it as a key driver of regional economic growth.
The Fortune Southeast Asia 500 ranking, now in its second year, evaluates companies based on revenue as of or before Dec. 31, 2024. The list is compiled through a rigorous verification process, in collaboration with global research partners such as LSEG (London Stock Exchange Group), Bloomberg, and S&P Global Market Intelligence.
Beyond rankings, this year’s edition highlights Southeast Asia’s increasing role in the global economy, fueled by its integration into shifting global supply chains and the expansion of sectors like mining, electric vehicles (EV), and artificial intelligence (AI).
“The seven countries featured in last year’s inaugural list—Indonesia, Thailand, Malaysia, Singapore, Vietnam, the Philippines, and Cambodia—have returned in 2025, continuing to play influential roles in the region’s economy,” Fortune stated on Monday, June 30.
The analysis pointed to a growing relocation of manufacturing capacity from China to Southeast Asia, bringing in fresh capital and reshaping global trade flows.
CEO Reaffirms Commitment to Transformation
BBRI President Director Hery Gunardi described the recognition as a testament to the bank’s commitment to maintaining strong financial performance amid global economic headwinds. He said it also aligns with the company’s long-term vision.
“BRI’s transformation toward becoming a universal bank is the answer. We will not only remain the best bank for MSMEs, but also expand our services to meet the full spectrum of needs—from individuals to large corporations—across all segments of society,” said Hery.
He also extended his appreciation to BRI employees, known as Insan BRILiaN, and loyal customers. “I am immensely proud. This achievement is dedicated to every BRILiaN who has contributed their best, and to our loyal customers for their continued trust,” he concluded.