JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim) Tbk (BJTM) will pay dividend of Rp624.49 billion, or Rp41.86 per share, for 2014 fiscal year.
The dividend payment represents 66.5% of last year’s profit of Rp939,08 billion. BJTM said its net interest income increased 8.4% to Rp2.68 trillion lat year. Net interest margin (NIM) was 6.9%.
The bank plans to spin off its syariah unit in early 2017. BJTM will inject Rp400 billion to its syariah unit before the spin off.