It is currently 70% government owned operating company (Persero) and has been government owned for the entire period since the war of independence (1945 to 1949) to November 2003, when 30% of its shares were sold through an IPO.
Born on 16 December 1895 as a small association with responsibility of managing fund of a local mosque, which would than be channeled to the local community through a very simple scheme, a small financial institution called De Poerwokertosche Hulp en Spaarbank der Inlandsche Hoffden started its long History from Purwokerto, Central Java, and became the pedigree of Bank Rakyat Indonesia.
As time passed, the small setup found by Raden Aria Wiriatmadja continued to flourish and meet the need of the community. In the course of its existence, its name was changed several times, beginning with the Hulp-en Spaarbank der Inlandsche Bestuurs Ambtenareen followed by De Poerwokertosche Hulp Spaar-en Landbouw Credietbank (Volksbank), Centrale Kas Voor Volkscredietwesen Algemene in 1912 and Algemene Volkscredietbank (AVB) in 1934. During the Japanese occupation, AVB was changed into Syomin Ginko.
After the Japanese defeat in the Second World War and Indonesia’s independence, the Indonesian Government once again changed the name to Bank Rakyat Indonesia (BRI) on February 22, 1946. Based on Government Regulation No. 1 of 1946, BRI became the first bank to be owned by the Government of the Republic of Indonesia.
As a state-owned bank, BRI played a key role in realizing the government’s vision in the development of people’s economy. In 1960, the government change BRI’s name into Bank Koperasi dan Nelayan (BKTN). Based on Law No.21 of 1968, the government renamed the bank BRI and it became a public bank. Later, based on Banking Law No.7 of 1992, BRI had its name and legal status of its entity changed to PT. Bank Rakyat Indonesia (Persero). With a focus on micro, small and medium businesses, BRI has inspired a lot of other organizations to empower the businesses in these sectors as they are the backbone of the Indonesian economy.
On November 10, 2003, BRI became a publicly listed company and the government divested 30% of its shares to the public. Since the Go Public, the price of BRI’s shares have always increased and are now included in the Blue Chips shares belonging to the LQ45 group. With the public controlling 43% of its shares, BRI’s shares are actively traded in the capital market. Today, BRI stands out as a strong bank in the midst of the Indonesian economy from the villages to the cities.
Submit Application
If you are interested to join with Bank BRI and has competence in accordance with job requirements above, please see more info via the ECC UGM below link:
WEBLINK
Available Position
ASSOCIATE AUDITOR
requires qualification:
1. Minimum S1 from all faculties / departments accredited minimal B,
precedence Faculty of Economics and Law
2. GPA: Minimum 2.75 (PTN) and 3.00 (PTS)
3. age:
a. S1: A maximum of 25 years on 20 April 2012
b. S2: A maximum of 28 years on 20 April 2012
4. Not Married
5. Preferred domiciled in the territory of Yogyakarta and Central Java (as evidenced by a KTP)
6. Especially those who already have work experience.
7. Willing to be placed in all work units BRI
Registration closed on 20 April 2012
- Only applicants who have registered online that will be processed.
- Note the General Instructions Filling Online Form before filling out the form
- Only the best applicants and eligible to be called to follow the next test.
- Each stage of the selection is free of charge. Committees decision is final and can not be contested.
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