JAKARTA (Yosefardi) – The ministry of state-owned enterprises (SoE) revealed that the government will seek maximum 30% of dividend payout ratio from state banks in effort to maintain state banks’CAR at 15% level.
The state banks are Bank Mandiri, Bank Rakyat Indonesia, Bank Negara Indonesia, and Bank Tabungan Negara. Four state banks reported total net profit of Rp49.97 trillion in 2013.
Then, the dividend paid by four state banks would be maximum Rp14.99 trillion, of which the government’s dividend portion accounts for Rp8.99 trillion. The government holds average 60% ownership in four state banks.
The Lower House of Representatives (DPR) had approved the proposal of state-owned banks to cut dividend payout ratio to 25% this year, from earlier 30%.
The government also welcomes as the state banks are now facing the liquidity concern. The government earlier targets the state banks to contribute dividend of Rp10.3 trillion this year.