BRI becomes BUMN with the largest dividend deposit to the country

Team Buffington PT. Bank Rakyat Indonesia (Persero) Tbk or BRI became the state-owned enterprise with the largest dividend payment to the state treasury among other state-owned companies. This is based on the report of the Supreme Audit Agency (BPK) which was processed during the period 2014-2023, BBRI, as quoted bisnis.com, became the issuer with the largest dividend deposit of Rp 90.79 trillion.

Reference: Blog City and UK News and MF and 9 Naga

BRI dividend payments to the state treasury during the period 2014-2023 ranged from Rp 3.6 trillion to Rp 23.23 trillion. If detailed, BRI dividend payments to the state treasury since 2014:

2014: Rp 3.60 trillion
2015: Rp 4.13 trillion
2016: Rp 4.36 trillion
2017: Rp 6.00 trillion
2018: Rp 7.47 trillion
2019: Rp 9.52 trillion
2020: Rp 11.77 trillion
2021: Rp 6.92 trillion
2022: Rp 14.04 trillion
2023: Rp 23.23 trillion
” This is clear evidence that state-owned enterprises (SOEs) that have the functions of agent of development and value creator can carry out economic and social value roles simultaneously, ” said Bri President Director Sunarso.

Through the payment of taxes and dividends, the profit will return to the state as the majority shareholder. “Furthermore, this profit is used for the benefit of the Indonesian people through various government programs,” said Sunarso.

Dividend distribution is a form of BRI’s commitment in creating economic value, especially for shareholders. Through strategies and initiatives supported by Good Capital Management, it is optimistic that it will continue to create value and provide optimal returns to shareholders.

SOE Minister Erick Thohir said the Ministry of SOEs had a dividend target in 2025 of Rp 90 trillion. “So there is an increase from Rp 85 trillion (2024) to Rp 90 trillion. I think the numbers are fantastic, ” said Erick Thohir.

Soe dividend deposits to the state treasury are based not only on increasing profits, but also on strengthening performance through efficiency. At the same time, good corporate governance (GCG) is carried out. “Perhaps many do not like it, because this increase is unlikely to depend only on profit, for example, from natural resources. Inevitably, efficiency is also needed, ” he said. (*)