# Indonesian corporate earnings growth > Live situation record from CLSTR: https://clstr.news/situations/indonesian-corporate-earnings-growth > Updated: 2026-08-31T01:43:59.000Z. Sources: 41. Developments: 2. Major Indonesian corporations reported strong financial performance for the first half of 2026. In the banking sector, Bank Syariah Indonesia (BSI) recorded a net profit of Rp4.15 trillion, an 11% year-on-year increase driven largely by a 38% surge in fee-based income and significant growth in gold-related products. PT Bank Rakyat Indonesia (Persero) Tbk (BRI) reported a consolidated net profit of Rp31.2 trillion, marking a 17.5% increase attributed to improved asset quality and cost efficiency. BRI President Director Hery Gunardi attributed this performance to the bank’s transformation agenda, focusing on digitalization and prudent risk management. Key drivers included net interest income of Rp80.53 trillion and a reduction in the cost of funds from 3% to 2.4%. Additionally, the bank’s non-performing loan (NPL) ratio decreased to approximately 2.9%–3.1%, while total assets grew by 11.7% year-on-year to Rp2,352 trillion, supported by credit expansion in the MSME segment. Further details on BRI’s performance highlight the ‘BRIvolution Reignite’ transformation program and a 16.2% growth in credit and financing to Rp1,646 trillion. Approximately 75.1% of this credit was directed toward the Micro, Small, and Medium Enterprises (MSME) segment. Between January and June 2026, the bank distributed Rp103.8 trillion in People's Business Credit (KUR) to over 2 million debtors. The bank also improved its funding structure, with the Current Account Savings Account (CASA) ratio rising to 67.6%. Other notable corporate earnings included PT Bakrie & Brothers Tbk (BNBR), which saw operating profits rise by 283.21% to Rp301.53 billion, and PT Adaro Andalan Indonesia Tbk (AADI), which reported a net profit of $524.43 million, supported by coal mining and trading activities. ## Claims - BRI's net profit grew 17.5 percent year-on-year compared to the previous year. (corroborated by 7 sources) - PT Bank Rakyat Indonesia (Persero) Tbk (BRI) reported a consolidated net profit of Rp31.2 trillion for the first half of 2026. (corroborated by 6 sources) - BRI's UMKM credit portfolio reached Rp1,235.4 trillion. (corroborated by 6 sources) - BRI's Non-Performing Loan (NPL) ratio decreased to 2.9 percent. (corroborated by 2 sources) - BRI's total credit and financing reached Rp1,646 trillion. (corroborated by 2 sources) - Indonesia and Singapore launched a Local Currency Transaction (LCT) mechanism to facilitate bilateral trade using Rupiah and Singapore Dollars. (corroborated by 2 sources) - Indonesia's exports grew 6.05 percent year-on-year in July 2026, reaching US$26.22 billion. (corroborated by 2 sources) - Indonesia has appointed nine banks as Appointed Cross Currency Dealers (ACCD) to facilitate LCT, including Bank Central Asia, Bank Mandiri, and Bank Negara Indonesia. (corroborated by 2 sources) - Singapore has appointed three banks to participate in the LCT framework: DBS, OCBC, and UOB. (corroborated by 2 sources) - The LCT mechanism allows for direct exchange rate quotations between the Rupiah and Singapore Dollar, reducing reliance on the US Dollar. (corroborated by 2 sources) - PT Bakrie & Brothers Tbk (BNBR) recorded net revenue of Rp2.59 trillion in the first half of 2026. (single source) - BNBR's operating profit rose 283.21 percent to Rp301.53 billion in the first half of 2026. (single source) ## Timeline ### 2026-08-31: Indonesia and Singapore launch local currency trade mechanism Indonesia and Singapore have launched a Local Currency Transaction mechanism to facilitate bilateral trade using the Rupiah and Singapore Dollar, reducing US Dollar reliance. 37 sources. https://clstr.news/cluster/indonesian-companies-report-strong-h1-2026-earnings ### 2026-08-20: Bank Syariah Indonesia reports Rp4.15 trillion profit in H1 2026 Bank Syariah Indonesia reported a first-half 2026 profit of Rp4.15 trillion, driven by a 38% surge in fee-based income from gold services and a 23.8% increase in Hajj savings accounts. 7 sources. https://clstr.news/cluster/bank-syariah-indonesia-reports-rp415-trillion-profit-in-h1-2026 --- Cite as: Indonesian corporate earnings growth. CLSTR, https://clstr.news/situations/indonesian-corporate-earnings-growth