JAKARTA: PT Bank Permata Tbk pocketed higher net income by 3% to IDR331 billion in the first quarter of 2012 compared to that of in the same period of last year helped by the growth of operating revenue by 37%.
The operating revenue advanced to IDR1.59 trillion per March 2012 from IDR1.16 trillion in the same period of last year, informed by Bank Permata President Director David Fletcher.
“The great performance is boosted by the growth of net-interest revenue by 38% year on year to IDR1.282 trillion. Meanwhile, yield-based revenue also grows by 36% to IDR311 billion year on year,” he stated in a press release received by Bisnis on April 25 2012.
The higher net-interest revenue was supported by credit disbursement by IDR74.1 trillion in the first quarter of 2012 or 35% higher than that in the same period of last year.
The growth of credit was along with the improvement of gross non-performing loan (NPL) ratio to 1.9% per March 31 2012 from 2.6%, while net NPL ratio was to 0.6% to 0.7% in the same period of last year.
In the meantime, total consolidated asset grew by 30% to IDR103.8 trillion.
Then, in the end of first quarter 2012, capital-adequacy ratio was recorded to 14.4% in line with the higher equity by 14% to IDR9.45 trillion. (t01/faa)
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