JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Tengah (Bank Jateng) posted profit after tax of Rp236.56 billion in first quarter of 2014, up 4.9% from Rp225.6 billion in the same period of 2013.
Net interest income rose 10.6% to Rp614 billion from previous Rp555 billion. Net interest margin (NIM) was 7.51%. The bank booked interest income of Rp1.03 trillion.
Operating profit increased 10.6% to Rp335 billion from Rp302 billion in first quarter of 2014.
Its assets totaled Rp42.06 trillion of which credits amounted Rp26.19 trillion. The bank’s liability reached Rp38.67 trillion, of which third party funds accounted for Rp36.73 trillion. The bank’s CAR was 14.96% while LDR stood at 72.07%.