JAKARTA. Sunarso, President Director of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), has received the Best CEO in The Most Profitable Bank award from Tempo-IDNFinancials in Nusa Dua, Bali on Friday (1/12) last week.

This award was given for Sunarso's success in bringing BBRI's performance growth, as well as his contribution to the environment through the implementation of the ESG (Environmental, Social, Governance) program. Apart from being given to Sunarso, similar awards were also given to 42 names of Chief Executive Offices (CEOs) of other companies listed on the Indonesia Stock Exchange (BEI).

BBRI's performance growth can be seen from its net profit which has consistently grown in double digits in the last few years. In 2018, the company's net profit grew 11.59% to IDR 32.25 trillion. Even though it slowed down in 2019 and 2020, the company's net profit skyrocketed again to reach 66.60% in 2021 and 64.69% in 2022.

In the first nine months (9M) of 2023, BBRI has recorded a net profit of IDR 43.99 trillion. This gain was supported by the company's net interest income which reached IDR 77.67 trillion, and was supported by a fairly high Loan to Deposit Ratio (LDR), namely 89.57% and Non-Performing Loans (NPL) which were maintained at the level of 0.92%.

In today's stock trading, BBRI's share price closed down 50 points or 0.91% to IDR 5,450 per share. However, since the beginning of this year, the company's share price has increased by 580 points or 11.91%. (KR/LM)