JAKARTA (Yosefardi) – PT Bank Nusa Tenggara Timur (NTT), controlled by government of East Nusa Tenggara province, booked profit after tax of Rp186.29 billion in first nine months of this year, higher than Rp157.18 billion in the same period of last year.

Net interest income increased to Rp493.5 billion from previous Rp405.77 billion. Net interest margin (NIM) was Rp8.94%. Interest income reached Rp835.35 billion. Operating profit was Rp239.59 billion, higher than Rp208.55 billion a previous year.

Its assets totaled Rp8 trillion of which credits amounted Rp4.88 trillion. Third party funds totaled Rp5.97 trillion.

The bank’s capital adequacy ratio (CAR) stood at 16.18% and loan to deposit ratio (LDR) was 81.81%.