JAKARTA (Yosefardi) – Bank Bukopin (BBKP) booked net profit of Rp198.14 billion in the first quarter of 2015, down 19.5% from the same period of 2014.

Bukopin, whose assets grew slightly to Rp81.5 trillion as at March 31, 2015, recorded net interest and sharia income of Rp605.9 billion in the quarter, down from Rp629.96 billion in the corresponding period of 2014.

Higher other operational expenses cut its operating profit to Rp261 billion from Rp317.15 billion in the first quarter of 2014.

Deposits from customers, interestingly, grew 4.2% to Rp68.15 trillion only, while net loans and sharia financing/receivables was flat at Rp54.4 trillion.