JAKARTA, Indonesia, March 5, 2024 – PT.Bank Rakyat Indonesia (Persero) Tbk. (IDX: BBRI) announced the dividend distribution of IDR48,10 trillion or IDR319 per share, (~80.04% of the attributed profit) during its Annual General Meeting of Shareholders (AGMS) 2024 in Jakarta, March 1st, reflecting the company’s commitment to returning value to its shareholders. This dividend, which includes an interim distribution of IDR12.67 trillion or IDR84 per share, marks a 10.59% increase from the previous year’s payout.
BRI’s President Director, Sunarso, highlighted that the company possesses a strong capital structure and sufficient liquidity for business expansion and risk management, with a CAR 20% exceeding the minimum requirements. The dividend payment also underscores BRI’s contribution to the Indonesian economy, whose share of ownership accounts for 53.19%, with IDR25.71 trillion deposited into the State General Treasury Account. “This demonstrates that we are an agent of development and value creator, returning these profits to the country for it will be utilized for the benefit of the Indonesian people through government programs,” stated Sunarso.
Additionally, the AGMS addressed changes in the management, and planned strategies to strengthen Retail Banking Capabilities and optimize the contributions of subsidiary companies, including a focus on managing productive assets & liabilities, diversifying growth sources, operational reliability, and implementing ESG principles.
The meeting also discussed five other agendas, including remuneration for the Board of Directors and Commissioners, Public Accountants appointment for audit, approval of bond fund utilization, and amendments to BRI’s Articles of Association. This demonstrates BRI’s commitment to sustainable growth and responsible corporate governance.
