JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Papua (Bank Papua) booked profit after tax of Rp110.3 billion in first quarter of this year, grew by 21% from Rp91.39 billion in the same period of last year.
Net interest income increased 27% to Rp359.54 billion from previous Rp283.32 billion. Net interest margin (NIM) was 8.64%. The bank booked interest income of Rp437.94 billion.
Its assets totaled Rp17.31 trillion of which credit amounted Rp11.92 trillion. The bank booked third party funds of Rp14.05 trillion. Its CAR was 20% while loan to deposit ratio (LDR) stood at 84.78%.