Business · Companies · 13 hrs ago
BRI Says It May Merge or Acquire Some Subsidiaries
Bank Rakyat Indonesia may restructure some subsidiaries as part of a wider effort in Indonesia to streamline state-owned companies.
The effort is being driven by Danantara Indonesia, which is working to strengthen and optimise the state-owned company portfolio.
BRI Deputy President Director Viviana Dyah Ayu Retno said possible actions include consolidation, mergers and acquisitions.
No specific deals were announced in the statements.
BRI says the changes could make state companies more efficient and competitive and help them create long-term economic value.
Any decisions will follow comprehensive reviews and comply with regulations.
BRI says it will also provide information transparently as the process moves forward.
BRI is considering consolidation, mergers and acquisitions among its subsidiaries as part of efforts to streamline state-owned companies.
Deputy President Director Viviana Dyah Ayu Retno said the options were being considered in line with Danantara Indonesia’s portfolio-strengthening agenda.
She said the steps aim to make state-owned companies more efficient and competitive and create long-term economic value.
Viviana said any decisions would be based on comprehensive assessments and comply with regulations.
BRI said it would provide information transparently and follow good corporate governance.
- Who
- PT Bank Rakyat Indonesia (BRI), through Deputy President Director Viviana Dyah Ayu Retno.
- What
- BRI is considering consolidation, mergers and acquisitions involving its subsidiaries.
- When
- November 9, 2026, at a virtual press conference.
- Where
- Not stated.
- Why
- The potential corporate actions are part of Danantara Indonesia’s effort to streamline state-owned companies and optimize their portfolios.
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This story does not have a timeline yet.
- Company
- PT Bank Rakyat Indonesia (BRI)
- Executive
- Viviana Dyah Ayu Retno, deputy president director
- Potential actions
- Consolidation, mergers, and acquisitions
- Initiative
- Danantara Indonesia’s state-owned company streamlining agenda
- Announcement date
- November 9, 2026
What people are saying
We will ensure that every step or decision we take regarding this streamlining is based on a comprehensive assessment and complies with the applicable regulatory provisions, and we will make the required information disclosures.
In connection with this streamlining, there will most likely be corporate actions, whether in the form of consolidation, merger, or acquisition.
Of course, as part of the Danantara Indonesia ecosystem, BRI supports the agenda of strengthening and optimizing the state-owned companies’ portfolio to build state-owned companies that are more efficient, competitive, and able to create long-term economic value.