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Bank Woori optimistic to become Bank BUKU III in 2020

28 March 2019 01:44 PM  Company: PT. Bank Woori Saudara Indonesia 1906 Tbk[SDRA]
Rp. 845  +10 (1.2%)
Bank Woori optimistic to become Bank BUKU III in 2020

JAKARTA - PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) set a target to become Bank BUKU III in 2020.

I Made Mudiastra, Director of Bank Woori Saudara Indonesia said, "Actually, if there is no dividend distribution, we will become Bank BUKU III by the end of this year. Now the core capital is around Rp 4.6 trillion. "

For information, the company's Annual General Meeting of Shareholders today agreed to distribute cash dividends of 22.50% of the 2018 net profit. Last year's net profit was recorded at Rp 537.97 billion. Thus, the amount of dividends distributed is equivalent to Rp 98.71 billion or Rp. 15 per share.

Bank Woori will also allocate capital expenditure of around Rp 140 billion this year. Around Rp 60 billion will be used for IT development. (LM)

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PT. Bank Woori Saudara Indonesia 1906 Tbk [SDRA]   Rp. 845   +10 (1.2%)