BTN to Set Up 3 Units

JAKARTA (Yosefardi) – PT Bank Tabungan Negara (BTN) Tbk (BBTN) plans to set up three units this year; assets management unit, multifinance, and life insurance. The bank allocates Rp300 billion for funding the establishment of three units. Life insurance unit is...

Bank Jatim Eyes 18% Profit Growth

JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim) Tbk (BJTM) targets to book profit before tax of 1.49 trillion this year, a 18% growth from Rp1.26 trillion from last year. Bank Jatim booked net profit of Rp884.50 billion in 2015, dropped...