State-Owned Banks’ Dividends to Fund Danantara Operations

Danantara will fund operations using dividends from state-owned banks. Government eyes collaboration with Bill Gates to boost trust and credibility.

Jaffry Prabu Prakoso, Dany Saputra, Erta Darwati
Kamis, 8 Mei 2025 | 16:30

Bisnis.com, JAKARTA – Indonesia’s sovereign wealth fund Danantara has just received its dividends from the state-owned banks under its umbrella at the end of April 2025, according Danantara CFO Arief Budiman.

Danantara will be using Temasek (Singapore’s sovereign fund) and Khazanah (Malaysia’s sovereign fund) as benchmarks, Arief said, given they were both established in a similar manner to Danantara.

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