SURABAYA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur Tbk (BJTM) booked net profit of Rp681.07 billion in first nine months of this year, grew by 28.93% from Rp528.22 billion in the same period of last year.
Net interest income rose 21.61% to Rp1.76 trillion from previous Rp1.45 trillion. Net interest margin (NIM) was 6.92%. Interest expense declined 1.81% to Rp623.63 billion.
Credits grew by 15.34% to Rp21.52 trillion while non performing laon (NPL) gross increased to 3.13%. Capital adequacy ratio (CAR) stood at 22.7%.
Third party funds also increased 8.67% to Rp28.66 trillion. Loan to deposit ratio (LDR) was 75.09%. Bank Jatim will start its priority banking business next year.