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Indonesia's state bank among 50 Forbes' impressive Asian firms
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17:56, September 29, 2009

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Indonesia's Bank Rakyat Indonesia (BRI) is listed again among 50 most impressive Asian firms by the influential business magazine Forbes, the Detik.com news portal reported here on Tuesday.

Retaining its presence in the list since last year, BRI was ranked 7th of firms listed in the Forbes' "Asian Fabulous 50" listthis year. Computer firm, Acer tops the list.

The Indonesian' state-run bank that provides loans for small-sized firms and farmers in the country is regarded to have impressive working performance in the last 5 years.

The selection on firms fitted in the list was based on the firms' share price in the market and the firms' future business projection.

Forbes has learned that BRI's market capitalization now stands at 9.3 billion U.S. dollars with sales reached 2.8 billion dollars.

Forbes has selected 910 Asian firms with sales and market capitalization equally reached at least at 3 billion U.S. dollars.

Source:Xinhua



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