JAKARTA (Yosefardi) – PT Bank UOB Indonesia posted profit after tax of Rp165.65 billion in first quarter of this year, dropped 46% from Rp306.48 billion in the same period of last year.

Interest income increased to Rp692.47 billion from previous Rp614.77 billion. Net interest margin was 4.38%. The bank booked interest income of Rp1.53 trillion.

The bank’s asset totaled Rp72.52 trillion of which credits amounted Rp53.75 trillion. Third party funds reached Rp55.86 trillion, of which time deposits accounted for Rp41.14 trillion.

The bank’s capital adequacy ratio (CAR) was 15.81% and loan to deposit ratio (LDR) stood at 96.20%.

Meanwhile PT Bank Commonwealth booked profit after tax of Rp43.18 billion in first quarter of this year on net interest income of Rp229.79 billion. Its assets totaled Rp19.92 trillion of which credits amounted Rp13.13 trillion. Third party funds reached Rp13.816 trillion.