Question 1

What is Bank Rakyat Indonesia (BRI) - Taipei Branch?

Accepted Answer

Bank Rakyat Indonesia (BRI) - Taipei Branch is the Taiwanese overseas operation of PT Bank Rakyat Indonesia (Persero) Tbk, one of Indonesia's largest state-owned banks. The branch operates as a full retail foreign bank office in Taiwan, making BRI the first and only Indonesian bank to establish operations in the country.

BRI Taipei Branch serves the significant Indonesian diaspora community in Taiwan, which numbers approximately 360,000 people, primarily consisting of migrant workers. The branch focuses on providing comprehensive banking services tailored to both retail and corporate clients, with particular emphasis on remittance services that facilitate cross-border fund transfers between Taiwan and Indonesia.

Question 2

When was Bank Rakyat Indonesia (BRI) - Taipei Branch founded?

Accepted Answer

BRI Taipei Branch received its Full Retail Foreign Bank Branch Office License from the Banking Bureau of Taiwan's Financial Supervisory Commission in 2021. The branch officially commenced business operations on November 30, 2021, and held its grand opening ceremony on August 8, 2025.

The establishment of this branch represented a strategic expansion for BRI into the East Asian market, complementing the parent bank's existing international network. The branch was officially launched by BRI's President Director Hery Gunardi alongside representatives from Indonesia's Trade and Economic Office (KDEI) in Taipei.

Question 3

Where is Bank Rakyat Indonesia (BRI) - Taipei Branch headquartered?

Accepted Answer

The branch is located at No. 166, Section 3, Nanjing East Road, Zhongshan District, Taipei City 104105, Taiwan. This address places BRI in a strategic location within Taipei's central banking district, providing convenient access for both Indonesian migrant workers and business clients throughout the capital region.

Question 4

Where does Bank Rakyat Indonesia (BRI) - Taipei Branch operate?

Accepted Answer

BRI Taipei Branch operates primarily in Taipei and serves customers throughout Taiwan. The branch serves the extensive Indonesian community dispersed across Taiwan, with services accessible to the approximately 360,000 Indonesian nationals working in various industries including caregiving and manufacturing throughout the country.

The branch facilitates economic connections between Taiwan and Indonesia, serving as a banking gateway for both Indonesian workers in Taiwan and Taiwanese businesses seeking investment opportunities in Indonesia.

Question 5

What services does Bank Rakyat Indonesia (BRI) - Taipei Branch offer?

Accepted Answer

BRI Taipei Branch provides comprehensive retail and corporate banking services, including:

Retail Banking: Savings accounts, time deposits, consumer loans, and specialized products like BRI Taipei Future Saving (installment savings in New Taiwan Dollars with 12, 24, or 36-month terms).

Transaction Services: International remittances with direct transfers to Indonesia, foreign exchange transactions with Advance FX License capabilities, and ATM cards usable within Taiwan's banking network.

Corporate Services: Trade finance solutions, letters of credit, treasury services, syndicated loans, and working capital financing for businesses engaged in Taiwan-Indonesia trade.

Digital Services: The branch is developing BRImo Taiwan, a mobile banking super app expected to launch in early 2026, which will enable customers to conduct various banking transactions, including remittances to Indonesia, from their mobile devices.

Question 6

What makes Bank Rakyat Indonesia (BRI) - Taipei Branch unique?

Accepted Answer

BRI Taipei Branch is the first and only Indonesian bank operating in Taiwan with full retail banking authority. This unique position allows BRI to serve as a crucial financial bridge between the Indonesian diaspora in Taiwan and their families in Indonesia.

The branch's specialization in serving Indonesian migrant workers sets it apart, with staff providing services in Bahasa Indonesia and offering products specifically designed for this community. Annual remittance flows from Taiwan to Indonesia exceed 40 trillion rupiah (approximately USD 2.7 billion), and BRI Taipei Branch is positioned to capture a significant portion of this market.

The branch also serves as an investment gateway, facilitating Taiwanese investment in Indonesia by offering competitive investment yields and expertise in both markets, supporting Taiwan's position as Indonesia's 12th largest trading partner.

Question 7

What type of financial institution is Bank Rakyat Indonesia (BRI) - Taipei Branch?

Accepted Answer

Bank Rakyat Indonesia (BRI) - Taipei Branch operates as a foreign bank branch office licensed by Taiwan's Financial Supervisory Commission. It holds a Full Retail Foreign Bank Branch Office License, which grants comprehensive authority to conduct both retail and commercial banking activities in Taiwan.

As a branch of a state-owned Indonesian bank, it functions as an extension of PT Bank Rakyat Indonesia (Persero) Tbk, bringing the parent bank's extensive experience in microfinance and commercial banking to the Taiwanese market. The branch combines retail banking services for individual customers with corporate and investment banking capabilities for business clients.

Question 8

What is the parent institution of BRI Taipei Branch?

Accepted Answer

PT Bank Rakyat Indonesia (Persero) Tbk, the parent institution, is Indonesia's oldest bank, established in 1895 by Raden Bei Aria Wirjaatmadja in Purwokerto, Central Java. As one of Indonesia's largest state-owned banks, BRI is renowned as a pioneer in microfinance and MSME (Micro, Small, and Medium Enterprise) banking.

With over 130 years of history, BRI serves approximately 30 million retail clients through more than 8,600 branches, units, and service posts throughout Indonesia. The government of Indonesia owns approximately 53% of BRI's shares, while the remaining 47% is publicly traded following the bank's 2003 IPO.

As of June 2025, BRI's consolidated assets totaled IDR 2,106.4 trillion (approximately USD 142 billion), making it one of Southeast Asia's largest financial institutions. BRI's international presence includes offices in New York, Singapore, Hong Kong, Cayman Islands, Timor Leste, and Taiwan.

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