SURABAYA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur Tbk (BJTM) booked net profit of Rp428.6 billion in first half of this year on interest income of Rp1.5 trillion.

Compared to the same period of last year, the bank said net profit grew by 28.13% while interest income increased 15.22%. While net interest margin reached 6.5% as of June 2013, above 5% of industry benchmark.

Bank Jatim’s loan grew by 13% to Rp19.3 trillion while third party funds rose 23.4% to Rp27.4 trillion. Its assets totaled Rp33.9 trillion.

Foreign investors hold 8.3% shares of Bank Jatim, or 41% of total shares held by public.