JAKARTA (Yosefardi) – PT Bank CIMB Niaga Tbk (BNGA) booked net profit of Rp1.98 trillion in first eleven months of 2014, dropped 48.57% from Rp3.85 trillion in the same period of 2013.

Its assets grew by 4.82% to Rp225.35 trillion as at November 2014. Credits rose 10.82% to Rp158.17 trillion and third party funds increased 7.54% to Rp165.63 trillion.

Meanwhile, PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk (BJBR), Bank Jabar, booked net profit of Rp999.06 billion in first 11 months to November of 2014, fell 20.8% from Rp1.25 trillion in the corresponding period of 2013, due to high cost of fund.

The bank’s assets reached Rp75.20 trillion. Credits rose 10.9% to Rp49.58 trillion and third party funds grew by 17.15% to Rp61.39 trillion.