JAKARTA-PT Bank Permata Tbk throughout the first half 2013 net profit of Rp 818 billion, up 15 percent compared with the same period in 2012.
Director of Bank Permata, David Fletcher said the company’s total operating income by the end of June 2013 amounted to Rp 3.2 trillion, up 12.28 percent compared with the same period last year to Rp 2.86 trillion.
The increase in operating income was driven by growth in net interest income and fee-based revenue (fee-based).
In this case, the net interest income grew 12 per cent year on year to Rp 2.56 trillion, while the fee-based income rose 11 percent from the same period in 2012, to Rp 638 billion.
On the other hand, bank lending grew 27 percent year on year from Rp 84.4 trillion at the end of June 2012 to Rp 106.9 trillion at the end of June 2013.
“Credit growth in almost all business segments, including strong growth in SME business, mortgage and lending to corporate and middle segments of the local market.’s Total assets reached Rp. 144.3 trillion, up 31% yoy from Rp 110.6 trillion per 30 June 2012, “said Fletcher.
More diverse funding base and grow sustainably. Third-party funding, including from Islamic-unit increased 32 percent yoy to Rp 116.1 trillion. Composition of demand deposits and savings deposits recorded an increase of respectively 16 percent yoy and 6 percent yoy.
Meanwhile deposits recorded strong growth at 41 per cent yoy. Sharia financing recorded a significant increase in the amount of 95 per cent yoy.
“I am pleased to convey that the Bank’s operational performance improved strongly in the first half of 2013 this through our disciplined in carrying out the strategy,” said Fletcher.