Strengthening Synergy with BRI Group, BRI Danareksa Sekuritas Relocate Surabaya Branch

Surabaya, 30 November 2021 – Coinciding with one year since Danareksa Sekuritas changed its name to PT BRI Danareksa Sekuritas (“BRIDS”) after being acquired by PT Bank Rakyat Indonesia (Persero) Tbk (BRI) in 2018, today BRIDS officially relocated and inaugurated its new Surabaya branch office located at Plaza BRI, Jl. Basuki Rahmat 122, Surabaya.

The event was inaugurated by the President Director of BRIDS Friderica Widyasari Dewi and attended by the Head of the BRI Regional Office for Surabaya area, Triswahyu Herlina and her staff, the Head of the Financial Services Authority (OJK) Regional 4 for East Java area, Bambang Mukti Riyadi and the Head Manager of Region 2 of the Indonesia Stock Exchange ( BEI), Nur Harjantie and her staff.

Friderica explained that the relocation of the BRIDS branch office was aimed at efficiency and strengthening synergies with the BRI Group. "Seeing the potential offered by the synergy with the BRI Group, this step is expected to facilitate access to comprehensive capital market investment services for BRI customers and the general public as a one-stop financial solution. This is in line with BRIDS' mission to further strengthen the company's position as a leader in the retail segment in the Indonesian Capital Market industry.” said Friderica.

For information, BRIDS has spread its wings and established a branch office in Surabaya since 1996 under the name Danareksa Investment Center (SID). The BRIDS Surabaya branch office managed to record a total share transaction of Rp3.48 trillion during the January to November 2021 period, or up 48% compared to the same period last year of Rp2.36 trillion. In 2022, the BRIDS Surabaya branch office targets an increase in the value of share transactions to reach Rp6 trillion. In addition, the growth in the number of customers at the Surabaya branch office also experienced a significant increase during 2021, from 4,597 customers at the end of 2020, up 13% to 5,174 customers at the end of November 2021.

To date, BRI Danareksa Sekuritas has a distribution network spread throughout Indonesia consisting of 10 branch offices, 14 outlets and 3 partner branch offices.