BRI Distributes IDR 48,10 Trillion Dividend at AGMS 2024

Rhea-AI Summary

PT Bank Rakyat Indonesia (BRI) announces a dividend distribution of IDR48.10 trillion during AGMS 2024, reflecting a commitment to shareholders. The dividend includes an interim distribution of IDR12.67 trillion, marking a 10.59% increase from the previous year. BRI highlights strong capital structure, liquidity, and contribution to the Indonesian economy.

JAKARTA, Indonesia, March 5, 2024 /PRNewswire/ -- 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 1^st, 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.

Board of Commissioners

Chairman	Kartika Wirjoatmodjo
Vice Chairman/Independent Commissioner	Rofikoh Rokhim
Commissioner	Awan Nurmawan Nuh
	Rabin Indrajad Hattari
Independent Commissioner	Dwi Ria Latifa
	Heri Sunaryadi
	Paripurna Poerwoko Sugarda
	Agus Riswanto
	Numaria Sarosa
	Haryo Baskoro Wicaksono*

*Pending Financial Services Authority approval and compliance with regulations.

Board of Directors

President Director	Sunarso
Vice President Director	Catur Budi Harto
Finance Director	Viviana Dyah Ayu R.K
Director of Wholesale & Institutional Business	Agus Noorsanto
Director of Micro Business	Supari
Director of Digital and Information Technology	Arga Mahanana Nugraha
Director of Commercial, Small & Medium Business	Amam Sukriyanto
Director of Retail Funding & Distribution	Andrijanto
Director of Human Capital	Agus Winardono
Director of Risk and Management	Agus Sudiarto
Director of Consumer Business	Handayani
Compliance Director	Ahmad Solichin Lutfiyanto

For more information, visit www.bri.co.id 

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SOURCE PT Bank Rakyat Indonesia Tbk (BRI)

FAQ

What is the dividend amount announced by PT Bank Rakyat Indonesia (BRI) during AGMS 2024?

PT Bank Rakyat Indonesia (BRI) announced a dividend distribution of IDR48.10 trillion during AGMS 2024.

What was the increase percentage in dividend distribution compared to the previous year for PT Bank Rakyat Indonesia (BRI)?

The dividend distribution for PT Bank Rakyat Indonesia (BRI) marked a 10.59% increase from the previous year.

What is the ticker symbol for PT Bank Rakyat Indonesia (BRI)?

The ticker symbol for PT Bank Rakyat Indonesia (BRI) is BKRKY.

Who highlighted the strong capital structure and liquidity of PT Bank Rakyat Indonesia (BRI) during AGMS 2024?

BRI's President Director, Sunarso, highlighted the strong capital structure and liquidity during AGMS 2024.

What percentage of the attributed profit was the dividend distribution for PT Bank Rakyat Indonesia (BRI) during AGMS 2024?

The dividend distribution for PT Bank Rakyat Indonesia (BRI) during AGMS 2024 was approximately 80.04% of the attributed profit.