Bank Bumiputera 1Q Net Profit IDR12.75 Bn
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Wednesday, 25 April 2007 15:18:17
StockWatch (Jakarta) - PT Bank Bumiputera Tbk (BABP) recorded net profit of
IDR12.75 billion as of March 2007, rising significantly by approximately 422%
from IDR2.44 billion in the same period of 2006.
Bank Bumiputera's finance and risk management director Muniandy R Krishnan said
the net profit rose significantly after the sharp hike in the sharp operating
revenue by 77.01% at IDR102.14 billion from IDR57.68 billion.
Of the total operating revenue, net interest income was IDR92.655 billion from
IDR51.358 billion, because the total loan rose 29.71% at IDR4.35 trillion from
IDR3.35 trillion.
At the same time, the public fund climbed up by approximately 24.14% at IDR4.65
trillion, while the CAR was 12.02% or higher than the minimum requirement of
Bank Indonesia which is 8%. (sup/bud)
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