JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Papua (Bank Papua) booked profit after tax of Rp230.23 billion in first half of this year, compared to Rp179.8 billion in the same period of last year.

Net interest income increased to Rp615.85 billion from previous Rp459.35 billion. Net interest margin (NIM) was 7.91%. The bank booked interest income of Rp733.7 billion.

Its assets totaled Rp18.05 trillion of which credit amounted Rp9.86 trillion. The bank booked third party funds of Rp14.78 trillion. Its CAR was 18.9% while loan to deposit ratio (LDR) stood at 66.69%.