Tuesday, May 10, 2011

BANKING - Bank Muamalat Q1 Profit Surges 66%

Theindonesiatoday.com - PT Bank Muamalat Indonesia Tbk posted net profit of Rp69.4 billion in first quarter of this year, surged 66% from Rp41.8 billion in the corresponding period of last year.
Hendiarto, Finance director of Bank Muamalat, said the bank booked profit before tax of Rp93 billion, or 68.3% rise compared to Rp56 billion in the first quarter of 2010. (full story)


He said operating income rose 56% to Rp145 billion from Rp93 billion a previous year. Credits jumped 48% to Rp17.43 trillion from Rp11.77 trillion a year earlier while third party funds increased 46% to Rp17.54 trillion. (hans@theindonesiatoday.com)


Source : http://theindonesiatoday.com/banking-headlines/9966-bank-buamalat-q1-profit-surges-6625.html - May 9, 2011

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