Bank BRI Addresses Concerns Over Debt of BUMN Karya in Jakarta

Jakarta –

PT Bank Rakyat Indonesia (Persero) Tbk is concerned about the swelling debt of BUMN Karya, which reached IDR 223.7 trillion in the first half of 2023.

Main Director of Bank BRI, Sunarso said, his party had formed a reserve that was in accordance with the collectibility level of BUMN Karya.

“Everything related to BUMN Karya, credit yes, BUMN Karya loans, we have formed reserves according to their collectability,” said Sunarso at the Brilian Club, Jakarta, Tuesday (13/6/2023).

He said, if collectibility is not smooth, his party will prepare sufficient reserves. “Then if the collectibility is smooth, we will prepare it according to the reserve requirement for smooth collectability,” he explained.

According to him, there is no need to worry about the debt problems of BUMN Karya at BRI. Again, he said, his party had made a backup.

In fact, he said, in the calculation of profit and loss the company has adopted a modification loss. That is, the company has calculated losses that have not occurred.

“So if you ask about the exposure of (BUMN) works at BRI, you don’t need to worry, we have provided everything according to the level of collectibility,” he said.

“Even in the calculations on the balance sheet and profit and loss, we have adopted a system called modification loss, what does it mean, we have calculated losses that have not occurred. If it is a loss, what will our book be like,” he concluded.

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(acd/rrd)