JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jatim) will pay dividend of Rp605.8 billion for 2013 fiscal year, representing 73.5% of last year’s profit.
Bank Jatim posted net profit of Rp824.31 billion in 2013, grew by 13.75% compared to 2012. Net interest income rose 36.29% to Rp2.46 trillion while credit increased 19% to Rp22.08 trillion.
Net interest margin (NIM) was 7.14%. The bank’s CAR stood at 23.71%. The bank targets its loan to grow by 25.5% this year.