OJK Asks For Dividend Banking, This Is BRI's Response

Illustration of Bank BRI (Photo: Antara)

JAKARTA - The Financial Services Authority (OJK) asks banks to review the amount of dividend ratio or dividend payout ratio in order to maintain banking capital, increase standards and technology, develop human resource capacity and adequate reserve formation in maintaining the completion of restructuring due to the Covid-19 pandemic and protect the interests of shareholders.

Responding to this, PT Bank Rakyat Indonesia Tbk (Persero) Tbk through Corporate Secretary, Agustya Hendy Bernadi said, in deciding the amount of dividends to be distributed to shareholders, BRI pays attention to the projected factors for future business growth, fulfilling the capital adequacy ratio and the sustainability factor for the yield level of equity in the next three years.

"The decision to determine the amount of dividend is made at the General Meeting of Shareholders (GMS)," Agustya told VOI, Tuesday, August 8.

Agustya further explained, BRI is committed to continuing to create economic value and social value for all stakeholders in carrying out their business operational activities.

One form of economic value created by BRI is through contributions in the form of dividend deposits to the state.

"BRI is committed in the next few years and with adequate capital conditions at this time, BRI will provide dividends with an optimal payout ratio," explained Agustya.

Previously, OJK Banking Supervision Chief Executive Dian Ediana Rae said that in the distribution of dividends, his party did not regulate the amount of dividends distributed by banks to shareholders.

"However, as a form of transparency in the implementation of good governance, OJK will regulate the bank's obligation to have a dividend payment policy," Dian wrote in his statement quoted on Tuesday, August 8.

Later, continued Dian, the dividend policy will contain bank considerations in determining the amount of dividend distribution, which also proportionally considers the interests of banks and the interests of shareholders (investors), including containing the necessary approval and authority mechanisms.