JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk (BJBR), Bank Jabar, will pay dividend of Rp735.5 billion for 2013 fiscal year, or Rp78 per share.
The dividend payment represents 55% of last year’s profit (Rp1.37 trillion). For the fiscal year 2012, the bank paid dividend of Rp663.8 billion or 56% of profit (Rp1.19 trillion).
To strengthen capital structure, Bank Jabar plans to issue bonds worth Rp2.5 trillion in first half of this year.
Bank Jabar booked net interest income of Rp4.78 trillion in 2013, grew by 30.8% from previous year. Credit rose 28% to Rp45.11 trillion with net interest margin of 8%.