JAKARTA (Indonesia Today) – PT Bank Sulselbar booked consolidated net profit of Rp127.65 billion in the first half of 2012, grew 32% from Rp95.51 billion in the corresponding period of 2011.
Net interest income only increased 7.9% to Rp341.29 billion from previous Rp316.08 billion while interest income rose to Rp531.84 billion from earlier Rp460.72 billion. Net interest margin was 8.82%.
Operating profit increased to Rp185.8 billion from Rp146.68 billion in first half of 2011.
As of June 2012, its assets totaled Rp9.85 trillion, of which credit amounted Rp5.59 trillion. Third party funds totaled Rp7.35 trillion. Loan to deposit ratio (LDR) stood at 78.87%. (hans@theindonesiatoday.com)