JAKARTA (Yosefardi) – PT Bank Sulawesi Selatan dan Sulawesi Barat (Sulselbar) booked profit after tax of Rp120 billion in the first quarter of 2015, grew by 24.6% from Rp96 billion in the corresponding period of 2014.

Net interest income rose 10.8% to Rp267 billion from previous Rp241 billion. Net interest margin was 10.07%. Operating profit increased 24.58% to Rp162 billion from earlier Rp130 billion.

Its assets totaled Rp13.49 trillion of which credit amounted Rp7.25 trillion. While liability was Rp11.48 trillion of which third party funds accounted for Rp10.19 trillion. The bank’s CAR stood at 27.83% and LDR was 73.29%. (rully@yosefardi.biz)