JAKARTA (Yosefardi) – PT Bank Sumsel Babel booked net profit of Rp250.69 billion in 2014, the highest profit during the history, thanks to the internal consolidation including the restructuring of non performing loan or bad debts.
Profit before tax grew by 25% to Rp348 billion. The bank’s loan disbursement increased 4% to Rp10.84 trillion while third party funds jumped 13% to Rp12.67 trillion.
Net interest margin (NIM) was 7.98%, Capital adequacy ratio (CAR) stood at 16.82%, and loan to deposit ration was 85.97%.