#Indonesia #Jakarta #Bank Rakyat Indonesia #BBRI #Rp20.33 trillion

BRI Distributes Rp20.33 Trillion Interim Dividend

In a significant move for investors and the economy, PT Bank Rakyat Indonesia (Persero) Tbk., commonly referred to as BRI, has announced an interim dividend distribution totaling Rp20.33 trillion, equating to Rp135 per share. This development marks a proactive step towards bolstering shareholder value and reflects the bank's robust financial health and growth outlook.

Details of the Dividend Distribution

The planned distribution will occur on January 15, 2025, and is part of BRI's ongoing commitment to fostering value for its shareholders. According to BRI President Director, Sunarso, this dividend distribution is not just a reward for shareholders, but also a manifestation of BRI's determination to generate sustainable profits. Given that the majority of shares (53.19%) are owned by the state, the Indonesian government will receive approximately Rp10.88 trillion, while public shareholders will benefit from Rp9.45 trillion. This distribution underscores the significance of public and governmental investment in securing financial returns.

Shareholder Statistics

As of December 2024, BRI holds the highest number of shareholders on the Indonesia Stock Exchange, with 653,251 retail investors. This impressive figure highlights BRI's accessibility and its role as a pillar in the Indonesian economy, contributing directly to wealth generation for a broad base of citizens.

The interim dividends serve as a crucial signal to the market about BRI's operational success and the effectiveness of its transformation strategies. As the company seeks to enhance its business framework, it remains focused on long-term value creation that benefits not only shareholders but also the wider economy.

Economic Impact

The distribution of dividends is projected to further invigorate the Indonesian capital market, signaling BRI's ongoing transformation and resilience amidst economic fluctuations. BRI's commitment to capitalizing on market opportunities, paired with its wide-reaching ownership structure, positions it as a key contributor to Indonesia's economic growth. The bank's initiatives are central to driving development in various sectors, thereby enhancing the overall economic landscape.

Additionally, the substantial infusion of dividends into the local economy is anticipated to spur domestic investment and consumer spending, further solidifying BRI's role as a financial leader in the region. Sunarso emphasized that this dividend decision reflects a positive outlook for the institution's future performance and its determination to uphold its responsibilities as a public entity.

Through such robust financial strategies, BRI remains steadfast in its mission to provide substantial benefits to its stakeholders, affirming the essential role it plays in fostering economic stability and growth in Indonesia.

For comprehensive updates and further details, visit BRI's official website.