JAKARTA (Indonesia Today) – PT Bank Pembangunan Daerah Jawa Barat dan Banten (Bank Jabar) Tbk (BJBR) booked net profit of Rp371.63 billion in first quarter (Q1) of 2013, grew by 37% from Rp270.35 billion in the same period of 2012.

Interest income increased 38% to Rp1.15 trillion from previous Rp838 billion. Net interest margin was 8.16%. The bank booked interest income of Rp1.89 trillion.

Its assets totaled Rp68.41 trillion, of which credit amounted Rp40.89 trillion. Third party funds reached Rp48.64 trillion. Loan to deposit ratio (LDR) stood at 88.24%. (hans@theindonesiatoday.com)