JAKARTA. PT Bank Rakyat Indonesia (Persero) Tbk or BBRI will grant IDR 23.15 trillion of cash dividend to the Indonesian government as the controlling shareholder that owns 53.19% of BBRI.

Out of the total dividend channelled by BBRI for the fiscal year 2022 of IDR 43.5 trillion, the government, as the major shareholder, will secure 53.19% of them, or equal to approximately IDR 23.15 trillion. Sunarso, President Director of BBRI, announced the decision in the press conference today (13/3).

Sunarso mentioned that in the past 5 years, the total dividend distributed by BBRI to the government clocked up to over IDR 49.4 trillion.

Until February 2023, the government still has a claim over 53.19% of BBRI’s shares, leaving the remaining 46.81% to public investors with less than 5% ownership. Specifically, 10.99% of BBRI’s shares are owned by domestic public investors with ownership percentage below 5%, whereas foreign investors share another 35.81% amongst themselves with ownership percentage of less than 5%. (AM/ZH)