It said operating income after sharing profit distribution reached Rp2.16 trillion, jumped 37.7% from Rp1.54 trillion a previous year. While operating profit was Rp548.59 billion, rose 26.8% from Rp432.5 billion in first 9 months of 2010.
It said assets increased 55% to Rp43.51 trillion as of September 2011, of which murabaha credit or receivables amounted Rp23.49 trillion. (source)
BSM currently has 520 outlets, consisting of 120 office branches, 264 co-branches, 31 cash offices, 51 syariah service counters and 54 payment points.
BSM focus its financing on micro, small and medium business, with financing for corporates accounting for 31.94% and the rest 68.06% of financing allocating to non corporates. ( hans@theindonesiatoday.com)
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