Jakarta (Antara Bali) - PT Bank International Indonesia (BII) recorded a net profit of Rp669 billion in 2011, a 45 percent increase compared to the previous year.
"Our hard work to regain the growth momentum has resulted in an increase in profits," said BII Acting Director Rahardja Alimhamzah in a written statement received here on Thursday.
Rahardja said that BII's pre-tax profit reached Rp985 billion BII, up 25 percent over the previous period.
The improvement in BII's performance was driven by solid growth in its core business, asset quality, and operational improvements.
The banks also recorded issuing 25 percent consolidation loans from Rp53.6 trillion on December 2010 to Rp6.72 trillion at the end of 2011.(IGT/T007)
COPYRIGHT © ANTARA News Bali 2012
"Our hard work to regain the growth momentum has resulted in an increase in profits," said BII Acting Director Rahardja Alimhamzah in a written statement received here on Thursday.
Rahardja said that BII's pre-tax profit reached Rp985 billion BII, up 25 percent over the previous period.
The improvement in BII's performance was driven by solid growth in its core business, asset quality, and operational improvements.
The banks also recorded issuing 25 percent consolidation loans from Rp53.6 trillion on December 2010 to Rp6.72 trillion at the end of 2011.(IGT/T007)
Editor : Nyoman Budhiana
COPYRIGHT © ANTARA News Bali 2012