Monday, November 30, 2009

Profit BNI double

PT Bank Negara Indonesia, the nation's third-largest state-owned bank, said nine-month profit
rose as it set aside less money to cover bad loans and lending increased in Indonesia
Net income more than doubled to IDR1.85 trillion this year from 832 billion rupiah a year earlier, the Jakarta-based company said in a press statement today.
BNI expects lending to grow 15 percent next year. Total outstanding loans rose to 122.166 trillion rupiah in the first nine months of this year from 106.50 trillion rupiah a year earlier.

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