Bank Jateng’s president director Haryono said the bank’s loan was expanded by 34.5% to Rp18.36 trillion. While the bank’s third party funds rose 14.05% to Rp22.11 trillion. Loan to deposit ratio (LDR) stood at 82%.

The bank’s assets increased 16% to Rp26.66 trillion. The bank has raised its core capital to Rp3 trillion from previous Rp1.5 trillion.

The bank targets to reach Rp3 trillion core capital by 2017 and will maintain its capital adequacy ratio (CAR) at 15%. (hans@theindonesiatoday.com)