JAKARTA (Yosefardi) – PT OCBC NISP Tbk (NISP) mulls to issue bonds worth of minimum Rp3 trillion this year, to support loan expansion.
Currently the bank’s capital reached Rp12.8 trillion and secondary reserve amounts Rp17n7 trillion. NISP targets a 15-20% growth for profit and third party funds this year.
NISP booked net profit of Rp1.14 trillion in 2013, grew by 25% from Rp915 billion in 2012. Net interest income rose 22% to Rp3.14 trillion. Loan increased 21% to Rp64 trillion and third party funds rose 13% to Rp69 trillion. The bank’s capital adequacy ratio (CAR) was 19.3%.