JAKARTA (Yosefardi) – Standard Chartered Bank (Indonesia Branch) booked profit after tax of Rp271.22 billion in first quarter of this year, grew by 23.7% from Rp219.09 billion in the same period of last year.

Net interest income declined 8.5% to Rp460.23 billion from previous Rp503.77 billion. Net interest margin (NIM) stood at 3.67%. Interest income totaled Rp934.08 billion.

Its assets totaled Rp58.93 trillion, of which credits amounted Rp29.48 trillion. Third party funds reached Rp27.63 trillion.

Capital adequacy ratio (CAR) was 15.88% while loan to deposit ratio (LDR)) stood at 93.87%.