%20Tbk%20(BBRI)%20Sunarso..jpeg "Mantap! BRI (BBRI) Bakal Kasih Dividen Besar-besaran Lagi") |
| Mantap! BRI (BBRI) Bakal Kasih Dividen Besar-besaran Lagi |
PT Bank Rakyat Indonesia Tbk (BBRI) or BRI is optimistic about the potential for future growth, which is driven by three aspects, namely clear new sources of growth, sufficient capital, and adequate liquidity.
BRI President Director Sunarso said, through Holding Ultra Micro (UMi), the company ensures that new sources of growth will continue to grow.
“The new source of growth is built through the establishment of an ultra-micro ecosystem synergy by including PT Pegadaian and PT Permodalan Nasional Madani (PNM) in the BRI Group. So, the first requirement is to have clarity on new sources of growth," he said in an official statement, Tuesday (6/9/2022).
Referring to data from BRI Group as the holding company for UMi as of June 2022, there are around 45 million potential ultra-micro customers that can be empowered. The 15 million of them have been able to access formal financing institutions.
Then the second growth requirement, continued Sunarso, is that BRI has sufficient capital. The CAR of the largest bank in the country per semester I-2022 is around 25%, up 20% on an annual basis. As is known, CAR or Capital Adequacy Ratio is the ratio of capital adequacy to accommodate the risk of loss that may be faced by banks.
According to Sunarso, the current CAR percentage makes BRI's financial position safe so that BRI has the flexibility to lower its CAR from the current 25% level to the optimal level in the 16%-18% range. "So in the next 2-3 years BRI does not need to increase capital. Instead, BRI needs to optimize capital by growing," he said optimistically.
Then the third growth requirement is the availability of qualified liquidity. With sufficient liquidity, BRI was able to reduce the Cost of Fund (CoF) in the range of 1.7%. The CoF is the lowest since at least 2019. In 2019, it was around 3.6%, in 2020 it was reduced to 3.2%, and in 2021 it was around 2.1%. Sunarso revealed that this shows that BRI's transformation is getting stronger, especially from its liability structure so that it is able to strengthen the availability of liquidity.
Meanwhile, BRI Finance Director Viviana Dyah Ayu projects that growth in the next 2-3 years will be at least in the 11%-12% range. Through this assumption, Viviana said, in the next 3-5 years BRI still has the opportunity to provide a higher dividend payout ratio compared to normal pre-pandemic conditions.
"This year, we have actually started a fairly high dividend payout ratio , which is approximately 85% of net profit in 2021. This means that each share receives approximately IDR 174," he said.
With the current capital condition, growth in the range of 11-12% and also a commitment to provide returns in the next 3-5 years, BRI still has the potential to provide dividends above 70%.
Similarly, the Director of PT Indovesta Utama Mandiri, Rivan Kurniawan, said that there was nothing wrong with BRI's optimism. According to him, in the last two years, especially after the pandemic, BRI's performance has been very solid.
According to him, there are several things that are the points of success of BRI, namely in terms of loans and financing . As of the second quarter of 2022, loans and financing grew by around 8.7% on an annual basis to Rp1,104.8 trillion from Rp1,015.9 trillion.
Then in terms of third party funds (DPK) it grew by around 3.7% on an annual basis to Rp1,137 trillion. In terms of profitability, BRI is also very strong. The net interest margin (NIM) in the second quarter of 2022 is around 8.24%, increasing on an annual basis from 7.41%.
Then another thing that was also highlighted was Fee Based Income which increased by around 7.8% on an annual basis from Rp. 8.16 trillion to Rp. 8.79 trillion per quarter II-2022.
BRI is also considered capable of maintaining credit quality, which has improved significantly after the pandemic. Where in September 2020, loan at risk (LAR) had reached 29.8% during the pandemic. Over time, BRI's LAR continued to decline, reaching 20.8% per quarter II-2022.
Finally, in terms of NPL coverage , which is currently very conservative at around 2.66%, it shows that BRI's management is quite prudent and conservative in maintaining its NPL.
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