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loan-growth

BRI sees 43% contraction in Q3 profits, pins hope on MSMEs for recovery
Business 5 years ago

BRI sees 43% contraction in Q3 profits, pins hope on MSMEs for recovery

BRI booked Rp 14.15 trillion (US$1 billion) in net profits as of September, a contraction of 42.9 percent year-on-year (yoy) as its net interest income shrank 7.5 percent yoy to Rp Rp 56.05 trillion
OJK slashes 2020 equity fundraising target by 47%, still optimistic for 2021
Business 5 years ago

OJK slashes 2020 equity fundraising target by 47%, still optimistic for 2021

Despite revising down its estimate, the OJK remains optimistic that capital market fundraising will rebound along with the economy next year.
BTPN profits decline 21% in Q3 as bad loans increase
Business 5 years ago

BTPN profits decline 21% in Q3 as bad loans increase

The decline was a result of an 84 percent increase in loan-loss provision to Rp 1.95 trillion, while net interest income dropped by 2 percent to Rp 7.9 trillion.
BCA profit falls 4.2 percent as loan provisions rise during health crisis
Business 5 years ago

BCA profit falls 4.2 percent as loan provisions rise during health crisis

The bank’s provisions has skyrocketed by 160.6 percent to Rp 9.13 trillion as of September.
Bank Mandiri sees 30 percent profit dip in Q3 despite loan growth
Business 5 years ago

Bank Mandiri sees 30 percent profit dip in Q3 despite loan growth

State-owned Bank Mandiri, the country’s second-largest bank by asset value, saw its profit contract by double digits as of September despite booking growth in loan disbursements.
BTN reaches 2020 profit target in Q3 despite falling loan growth
Business 5 years ago

BTN reaches 2020 profit target in Q3 despite falling loan growth

BTN recorded a 0.8 percent contraction in loan disbursements to Rp 254.92 trillion at of the end of the third quarter.
Weak loan growth, rising savings signal further GDP contraction: Economists
Business 5 years ago

Weak loan growth, rising savings signal further GDP contraction: Economists

Slowing loan growth and rising savings point to a continued plunge in economic activity in the third quarter of this year as consumer spending weakens, economists say.
Indonesian banks' results reflect deteriorating assets, but hopes remain: Experts
Business 5 years ago

PREMIUM
Indonesian banks' results reflect deteriorating assets, but hopes remain: Experts

Despite the asset quality concerns, experts are of the view that Indonesia’s banks are still in a good condition.
Bad loans to keep rising this year as economy yet to fully recover: Economists
Business 5 years ago

Bad loans to keep rising this year as economy yet to fully recover: Economists

Financial Services Authority (OJK) data show that the nonperforming loan (NPL) ratio, the proportion of bad loans to total debts, rose to 3.1 percent in June, higher than 3.01 percent recorded in May.
BTN upbeat over prospect of exceeding profit target as funding cost decreases
Business 5 years ago

BTN upbeat over prospect of exceeding profit target as funding cost decreases

President director Pahala N. Mansury expressed optimism that BTN could book more profit than its initial projection of Rp 1.1 trillion (US$75.36 million) by the end of this year, supported by easing liquidity competition.
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