Bank Bri – Pioneering Digital Lending in Indonesia
Incorporated in 1895, Bank Rakyat Indonesia (BRI) is one of the largest state owned banks in Indonesia. It is also among the country’s most innovative financial institutions. Bank Rakyat recently introduced the first digital lending solution in Indonesia, whose underserved market, young population, high mobile penetration and expanding middle class provided the ideal conditions for such an offering
Kaspar Situmorang,
-Executive Vice President, Digital Center of Excellence, Bank Rakyat Indonesia
With the presence of Pinang, Bank BRI Group is able to reach more volumes of customers in Indonesia at high speed (from application to disbursement in less than 10 minutes without a face-to-face meeting). Pinang is BRI’s radical innovation catering to ultra-micro customers creating a seamless and economical on-boarding process. The reimagined process provides a faster, cheaper, and safer digital lending in Indonesia. With the persistent support of the Infosys management and the robust Infosys Finacle digital banking suite, BRI’s vision of accelerating Indonesia financial inclusion is one step closer. - Kaspar Situmorang, Executive Vice President, Digital Center of Excellence, Bank Rakyat Indonesia
