Danamon pays dividend

JAKARTA (JP): Publicly listed Bank Danamon's shareholders approved yesterday a Rp 55 (2.2 U.S. cent) dividend a share.

"Total dividends to be paid are worth Rp 61.6 billion," the bank said yesterday.

The bank booked a Rp 281.2 billion net profit in 1996, up 57 percent.

The bank has 523 automated teller machines and 225 branches. (09)