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Bank Jabar Banten sees net profit, interest margin increase in Q3 bit.ly/2ufivEI pic.twitter.com/lwairWF7jp
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Bank Jabar Banten has booked Rp 1.39 trillion (US$106.66 million) net profit in the third quarter of the year,
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an increase of 55.6 percent from the same period last year.
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The net interest margin (NIM), an important measure of lending profitability, rose from 6 percent last year to 7.2 percent as of September.
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Bank Jabar Banten president director Ahmad Irfan said the lender had avoided losses by restructuring credits
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while at the same time increasing new loans, by 15.7 percent year-on-year (yoy) to Rp 63 trillion.

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