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ublicly listed Bank Danamon (BDMN) will disburse 30 percent of its 2012 net profits as dividends, it announced after holding its annual general shareholders meeting in Jakarta on Friday.

The dividend payment figure amounts to Rp 1.2 trillion (US$123.59 million), which is equal to Rp 125.58 per share. No date has been set for the payment.

Danamon president director Henry Ho said that the dividend figure would not impact the bank’s capital, citing its strong capital adequacy ratio (CAR). After the dividend payment, Danamon’s CAR will stand at 18.5 percent from the previous 19.7 percent. Bank Indonesia (BI), as the country’s central bank, sets the minimum CAR at 15 percent.

In 2012, Danamon’s net profits surged 22 percent to Rp 4.01 trillion. It attributed the rise to strong growth in small and medium enterprises and commercial segments, which enjoyed a 26 percent growth in lending throughout the year. However, overall lending only increased 14 percent to Rp 116 trillion, falling short of its 18 percent target.