Bank Rakyat

Type: Banking Institution

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About Bank Rakyat

Founded	1895
Headquarters	Jakarta, Indonesia
Market share	Bank Rakyat is one of the largest banks in Indonesia, particularly in the microfinance sector.
Major competitors	Bank Mandiri BCA (Bank Central Asia) BNI (Bank Negara Indonesia) CIMB Niaga
Notable partnerships	Collaborations with local cooperatives to enhance financial services. Partnerships with fintech companies for digital solutions. Engagement with community organizations for development projects.
Recent developments	Expansion of digital banking services to enhance customer experience. Introduction of new microfinance products tailored for small businesses. Increased focus on sustainable finance initiatives.
Regulations	Bank Rakyat operates under the regulations set by the Financial Services Authority of Indonesia (OJK).
Official website	https://www.bri.co.id