Bursa Alert
Global Market
News(Maybank), BII 6-month profit rises 17%
Page 1 of 1
(Maybank), BII 6-month profit rises 17%
by JF Tue 30 Jul 2013, 11:04
KUALA LUMPUR: PT Bank Internasional Indonesia Tbk’s (BII) pre-tax profit for the first six months ended June 30, 2013 rose 17% to 966 billion rupiah (RM299.46mil) from 824 billion rupiah (RM255.44mil) in the corresponding period.
In a statement yesterday, the bank said profit after tax and minority interest rose by 15% to 681 billion rupiah from the same period a year earlier.
The improved results were achieved on the back of growth in operating income and much lower provisions, mitigated by faster increase in operating expenses, it said.
During the period, assets grew by 19% to 121.4 trillion rupiah, loans portfolio rose by 16% to 85.1 trillion rupiah and customer deposits increased 19% to 91.1 trillion rupiah.
“Going forward, while we applaud the pre-emptive actions to stem inflation by increasing interest rates, we can expect that loans growth will be affected for both the industry and for ourselves,” said BII’s president director Datuk Khairussaleh Ramli. — Bernama
In a statement yesterday, the bank said profit after tax and minority interest rose by 15% to 681 billion rupiah from the same period a year earlier.
The improved results were achieved on the back of growth in operating income and much lower provisions, mitigated by faster increase in operating expenses, it said.
During the period, assets grew by 19% to 121.4 trillion rupiah, loans portfolio rose by 16% to 85.1 trillion rupiah and customer deposits increased 19% to 91.1 trillion rupiah.
“Going forward, while we applaud the pre-emptive actions to stem inflation by increasing interest rates, we can expect that loans growth will be affected for both the industry and for ourselves,” said BII’s president director Datuk Khairussaleh Ramli. — Bernama
JF- Senior Member
- Posts : 2785 Credits : 3269 Reputation : 163
Join date : 2011-10-07
Job/Hobbies : $$
$$
Similar topics» UEM Land 6-month profit rises to RM132m
» Highlight Maybank 3Q profit rises 17% to RM1.8b
» Highlight AMMB 3Q profit rises 6.8% y-o-y; 9-month results within expectations
» Flash Maybank 2Q net profit rises 9% y-o-y to RM1.57b, pays 22.5 sen dividend
» Update Maybank 4Q net profit rises 18.6% y-o-y to RM1.73b, pays 31 sen dividend
» Highlight Maybank 3Q profit rises 17% to RM1.8b
» Highlight AMMB 3Q profit rises 6.8% y-o-y; 9-month results within expectations
» Flash Maybank 2Q net profit rises 9% y-o-y to RM1.57b, pays 22.5 sen dividend
» Update Maybank 4Q net profit rises 18.6% y-o-y to RM1.73b, pays 31 sen dividend
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|