BRI Agroniaga

PT. Bank Rakyat Indonesia Agroniaga Tbk or more commonly referred as BRI AGRO is a subsidiary bank of PT. Bank Rakyat Indonesia Tbk (BRI) focusing specifically on stimulating the growth of Indonesia’s agricultural sector and, on a broader scale, Indonesia’s SME and gig-workers. BRI AGRO was initially established as Bank AGRO in 1989 and was privately owned by Dapenbun before being made public in 2003 and acquired by BRI in 2011. Inmid-2019, BRI Agro was appointed by BRI to become its digital attacker to disrupt the existing financial landscape in Indonesia and to combat similar digital initiatives by competitors.Answering the call, BRI Agro began to reposition itself to become “The Best Digital Bank for Agri and Beyond” and started the journey by becoming the“House of Fintech” and the “Home for Gig Economy”. True to become the House of Fintechs, BRIAGRO has partnered with 10+ fintechs most notable being Investree, Fazz Financial Group, Koinworks, Tanihub, potentially bringing in IDR 1 trillion in revenues per year. They also have one of the first licensed fully digital lending platform called Pinang, a credit line for employees and gig-workers that can be disbursed within15 minutes.