ID :
17259
Thu, 08/28/2008 - 11:22
Auther :
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http://m.oananews.org//node/17259
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BANK PERMATA'S H1 PROFIT UP 40 PCT
Jakarta, Aug 27 (ANTARA) - Bank Permata said on Wednesday its profit after tax in the first half of 2008 rose 40 percent to Rp277.5 billion from Rp198.2 billion in the same period last year.
Net profit before tax in the first semester of 2009 meanwhile reached Rp401.5 billion, up Rp112.6 billion from the same period last year when the figure was Rp288.8 billion, the bank said in a press statement.
The amount of credits channeled in the first half of 2008 grew 26 percent to Rp31.2 trillion from Rp24.8 trillion in the same period last year, it said.
The high credit growth resulted from the bank's principles of prudence in managing credit risks, causing its non-performing loan ratio to fall to 1.2 percent in the first half of 2008 from 2.5 percent in the same period last year, Bank Permata President Director Stewart D. Hall said.
Net profit before tax in the first semester of 2009 meanwhile reached Rp401.5 billion, up Rp112.6 billion from the same period last year when the figure was Rp288.8 billion, the bank said in a press statement.
The amount of credits channeled in the first half of 2008 grew 26 percent to Rp31.2 trillion from Rp24.8 trillion in the same period last year, it said.
The high credit growth resulted from the bank's principles of prudence in managing credit risks, causing its non-performing loan ratio to fall to 1.2 percent in the first half of 2008 from 2.5 percent in the same period last year, Bank Permata President Director Stewart D. Hall said.
