At Bank Rakyat Indonesia’s (BBRI) recent annual shareholders meeting, President Director Asmawi Syam stated that the bank will distribute Rp7.6t in dividends (Rp311.66 dividend per share). This is equivalent to a 30% dividend payout ratio of its 2015 net profit of Rp25.2t, up 4.2% yoy. With 70% retained earnings, the CAR (capital adequacy ratio) of the bank increased to 20.8% from 20.5%. The bank released additional information on its share buyback programme which took place from Oct 15 to Jan 16 with a total of 221m shares repurchased. With regard to changes in management, BRI announced that it has brought on board one new commissioner and that three directors whose terms had ended, have been replaced by three new directors. In other news, the bank stated that loan growth till Feb 16 was 14.7% yoy .