JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Sulawesi Utara (Bank Sulut) booked profit after tax of Rp129.74 billion in first half of this year, jumped 78% from Rp72.65 billion in the same period of last year.
Net interest incomes increased to Rp355.59 billion from previous Rp197.7 billion. Net interest margin was 11.49%. The bank booked lower interest income but interest expenses also declined significantly.
The bank’s assets totaled Rp8.49 trillion of which credits amounted Rp5.29 trillion. It booked third party funds of Rp6.43 trillion.
Loan to deposit ratio stood at 82.29% while capital adequacy ratio (CAR) was 12.64%.