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View all search resultsPermataBank to keep NPL below OJK’s limit
Publicly listed lender PermataBank will continue to keep its non-performing loan (NPL) less than 5 percent, the limit set by the Financial Services Authority (OJK), said PermataBank’s financial director Lea Setianti Kusumawijaya on Tuesday.
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The PermataBank logo. (Tempo/Eko Siswono Toyudho)
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ublicly listed lender PermataBank will continue to keep its non-performing loans (NPL) at less than 5 percent, the limit set by the Financial Services Authority (OJK), said PermataBank’s financial director Lea Setianti Kusumawijaya on Tuesday.
Lea also said as of June, gross non-performing loans (NPL) reached 4.8 percent, down from the 6.4 percent recorded in March.
PermataBank posted a net profit of Rp 621 billion (US$ 46.52 million) in the first half of this year, compared to the loss of Rp 836 billion during the corresponding period last year.
The bank’s rights issue managed to collect Rp 3 trillion. The shares were bought by its two main shareholders, diversified conglomerate PT Astra International and British lender Standard Chartered Bank, as well as the public.
The rights issue managed to strengthen PermataBank’s capital adequacy ratio (CAR) to 18.9 percent in June. The bank also held a rights issue last year, collecting Rp 5.5 trillion.
Following the extraordinary general shareholders meeting (RUPSLB) on Tuesday, PermataBank announced several changes to its board of commissioners.
The private lender’s shareholders agreed to appoint Haryanto Sahari and Zulkifli Zaini as independent commissioners replacing I. Supomo and Tony Prasetiantono.
Haryanto Sahari is a partner of consulting firm PricewaterhouseCooper Indonesia, while Zulkifli was previously president director at the state-owned lender Bank Mandiri.
PermataBank president director Ridha DM Wirakusumah welcomed the appointment of Haryanto and Zulkifli, saying that their experience in the financial sector would “strengthen” PermataBank’s position. (bbn)
