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View all search resultsBRI becomes largest state-owned dividend contributor
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(Courtesy of BRI)
PT Bank Rakyat Indonesia (Persero) is a state-owned bank that contributes the largest dividends to shareholders.
Based on data from the Finance Ministry, in total, the government received Rp 45 trillion (US$3.16 billion) in dividends from state-owned enterprises (SOE) in 2020. Of this amount, BRI paid 26.4 percent, followed by PT Bank Mandiri (Persero) Tbk with 22.2 percent and PT Pertamina (Persero) with a contribution of 19.1 percent.
The fourth-biggest contributor was PT Telkom Indonesia (Persero) Tbk with a contribution of 17.8 percent, followed by PT BNI (Persero) Tbk with a contribution of 5.2 percent.
However, the dividend contribution of SOEs in 2020 had decreased from 2019, which was recorded at Rp. 51 trillion. This is inseparable from the impact of the COVID-19 pandemic, which has suppressed the performance of SOEs.
