BNI distributed dividends of IDR 820.1 billion and appointed Erwin Rijanto as commissioner

President Director of BNI Royke Tumilaar (center) with the board of directors after the General Meeting of Shareholders in Jakarta, Monday (29/3/2021).

Reporter: Laurensius Marshall Sautlan Sitanggang | Editor: Tendi Mahadi

KONTAN.CO.ID – JAKARTA. The Annual General Meeting of Shareholders (AGMS) of PT Bank Negara Indonesia Tbk or BNI which was held on Monday (29/3) approved the distribution of dividends of 25% of the 2020 net profit of around Rp 820.1 billion.

Taking into account the 60% share composition of the government, BNI will deposit dividends of Rp 492.58 billion into the state general cash account.

The public share of dividends for the ownership of 40% of shares worth Rp 327.52 billion will be given to shareholders according to their respective ownership.

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The company’s directors with substitution rights will determine the schedule and procedures for distributing dividends for the 2020 financial year in accordance with the provisions Meanwhile, as much as 75% of last year’s net profit or Rp 2.46 trillion will be used as retained earnings.

“The management of the company has taken a number of steps, strategies and policies aimed at maintaining performance amidst these difficult conditions. The commissioners have consistently also directed, monitored and evaluated the implementation of the bank’s strategic policies in 2020, including through evaluating the bank’s business plan and financial performance in 2020, “said Royke in a press conference in Jakarta, Monday (29/3).

Shareholders fully support various strategic policies taken in 2021 in the face of challenges and fast business dynamics. The strategic policies are, first, improving credit quality through improved risk management.

Second, improve digital capability in meeting customer needs. Third, increase business expansion in a sustainable manner. Fourth, increase CASA and FBI through increased transactions.

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Fifth, optimizing international networks and business by strengthening cooperation partnership. Sixth, optimizing the contribution of subsidiaries. And the seventh is the optimization of HC in supporting the bank’s business.