Thursday, October 28, 2010

Bank Permata raise profit IDR789 billion

PT Bank Permata Tbk recorded their net income rose more than expected to IDR789 billion or 58% per 30 September 2010, compared to IDR500 billion on the same period last year.
CEO Bank Permata David Fletcher stated their year-on-year operating revenue surged 11% to IDR3,04 trillion while their year on year (YoY) net interest income jumped 21% to IDR2.4 trillion.
He also informed a YoY corporate credit growth of about 23% to IDR46.4 trillion, in line with the growth in total asset as much as 18% to IDR67.1 trillion.
Furthermore, the bank's YoY third party fund surged 27% to IDR53.6 trillion along with the growth in ratio of low-cost funds (deposits and savings) to be 45% from 41% at the same period last year.“Non-performing loans dimmed from 2.1% in September 2009 to 0.9% this year,” he added.
Bank Permata's capital bounced 18% to IDR5.71 trillion compared to the same period last year. Capital adequacy ratio climbed to 13% in September from 12.7% last year.

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