JAKARTA (Yosefardi) – The Hongkong and Shanghai Banking Corporation (HSBC) booked profit after tax of Rp417.54 billion in first quarter of this year, declined 19% from Rp517.08 billion in the same period of last year.
Net interest income increased 22.7% to Rp739.58 billion from previous Rp602.82 billion. Net interest margin (NIM) was 4.06%. The bank booked interest income of Rp1.14 trillion. While operating profit fell 18.8% to Rp580.14 billion from earlier Rp714.45 billion.
Its assets totaled Rp86.13 trillion of which credits amounted Rp50.28 trillion. Third party funds reached Rp50.12 trillion.
The bank’s CAR stood at 23.09% and loan to deposit ratio (LDR) was 97.91%.