BRI
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BRI Issues First IDR 5 Trillion Social Bond in Indonesia to Promote Inclusive, Sustainable Financing
PT Bank Rakyat Indonesia (BRI) launched its inaugural IDR 5 trillion Sustainable Social Bond, attracting IDR 6.57 trillion in subscriptions, and becoming the first Indonesian bank to issue such a bond. The offering, part of a larger IDR 20 trillion program, aims to support inclusive and sustainable financing. The bond received a Triple A rating and features varied tenors and interest rates. This move reinforces BRI’s commitment to ESG and sustainable financial practices.
