Singapore Reaps Hundreds of Billions from Mandiri (BMRI) Dividend Windfall

Singapore earned IDR 295 billion from BMRI dividends, highlighting the strong returns from foreign ownership in Indonesian state banks.

Jaffry Prabu Prakoso,Reyhan Fernanda Fajarihza
Sabtu, 26 April 2025 | 09:23

Bisnis.com, JAKARTA – The Singaporean government also benefited from the dividend distribution by PT Bank Mandiri Tbk. (BMRI) on Wednesday (24/4/2025), pocketing hundreds of billions of rupiah from the state-owned bank’s profit sharing.

Bank Mandiri disbursed IDR 43.51 trillion in dividends for its 2024 performance, representing 78% of its total net profit. Each shareholder, including foreign investors such as Singapore, is entitled to a dividend of IDR 466.18 per share.

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