www,theindonesiatoday.com - JAKARTA (Indonesia Today) - PT Bank QNB Kesawan
Tbk booked net loss of Rp11.67 billion in the first half of 2012,
flipped from net profit of Rp10.7 billion in the corresponding period of
2011.
The bank actually posted higher net interest income of Rp87.4
billion, representing an increase of 20% from the first half of 2011. Bank QNB Kesawan, however, suffered from substantially higher personnel and administrative expenses. (source)
Showing posts with label profits. Show all posts
Showing posts with label profits. Show all posts
Tuesday, August 07, 2012
Wednesday, July 25, 2012
INDONESIA - BANKING - Bank Mega Syariah’s net profit jumps three folds on effective liquidity management
www.bisnis.com - JAKARTA: PT Bank Mega Syariah, a subsidiary of PT Bank Mega Tbk, earned
net profit of IDR119 billion in the period from January to June 2012,
increased more than three folds compared with the previous year of
IDR39.45 billion.
Beny Witjaksono, Managing Director of Bank Mega Syariah (BMS), said the increase in profits sustained by the expansion of funding and effective liquidity management so that the cost of funds can be suppressed.
"We have a strategy to hold the funding sources by keeping financing to deposit ratio/intermediation ratio[FDR] at 90% - 92%. It makes our profit grow well compared with last year when the FDR was at 80%," he told Bisnis, Wednesday (25/7/2012). (full story)
Beny Witjaksono, Managing Director of Bank Mega Syariah (BMS), said the increase in profits sustained by the expansion of funding and effective liquidity management so that the cost of funds can be suppressed.
"We have a strategy to hold the funding sources by keeping financing to deposit ratio/intermediation ratio[FDR] at 90% - 92%. It makes our profit grow well compared with last year when the FDR was at 80%," he told Bisnis, Wednesday (25/7/2012). (full story)
Saturday, June 16, 2012
INDONESIA - BANKING - Bank profits rose 314% Permata Sharia
www.kontan.co.id - JAKARTA. Jewels
Islamic Bank profit up to the first quarter of 2012 surged by 314% to $
58.5 billion compared to same period last year amounted to Rp 14.1
billion. This growth is in line with operational performance improvement Permata Bank Syariah until March 2012.
Operating income rose 310% to $ 59.6 billion in the first quarter of 2012 driven by growth in net margin income and other operating income.
Bank financing, grew 151% from Rp 1.58 trillion in March 2011 to Rp 3.98 trillion in March 2012. Total assets on a consolidated basis in the first three months of 2012 reached Rp 7.01 trillion, up 166% yoy of the previous year amounting to Rp 2.64 trillion. (source)
Operating income rose 310% to $ 59.6 billion in the first quarter of 2012 driven by growth in net margin income and other operating income.
Bank financing, grew 151% from Rp 1.58 trillion in March 2011 to Rp 3.98 trillion in March 2012. Total assets on a consolidated basis in the first three months of 2012 reached Rp 7.01 trillion, up 166% yoy of the previous year amounting to Rp 2.64 trillion. (source)
Friday, May 25, 2012
INDONESIA - BANKING - BSM posts net profit of rp193 bln in Q1
www.antaranews.com - Jakarta (ANTARA
News) - Bank Syariah Mandiri (BSM), a sharia unit of Indonesia`s largest
state lender Bank Mandiri, posted a net profit of Rp192.72 billion in
the first quarter of 2012, up by 42.87 percent from a year earlier.
"The net profit hike was mainly contributed by margin income and profit sharing," the bank said in a press statement released here on Tuesday.
The bank`s margin income and profit sharing rose by 24.76 percent to Rp1.07 trillion in the year ended March 31, 2012 from Rp860 billion a year earlier, the statement said. (source)
"The net profit hike was mainly contributed by margin income and profit sharing," the bank said in a press statement released here on Tuesday.
The bank`s margin income and profit sharing rose by 24.76 percent to Rp1.07 trillion in the year ended March 31, 2012 from Rp860 billion a year earlier, the statement said. (source)
INDONESIA - BANKING - Bank Mandiri Syariah Post the First Quarter Earnings Rp192, 72 M
WWW.REPUBLIKA.CO.ID, JAKARTA-Through First Quarter of 2012, Bank Syariah Mandiri (BSM) recorded excellent growth. One indicator is the growth in net profit. BSM net profit at the end of March 2012 for Rp192, 72 billion, up 42.87% compared to net income of BSM end of March 2011 amounting to Rp 134.89 billion.
The biggest contributor to the increase in net profit margin is revenue and profit sharing. Revenue and margin for the BSM at the end of March 2012 reached Rp 1.07 trillion, up 24.76%, compared to the position in March 2011 amounted to Rp 860 billion. (source)
The biggest contributor to the increase in net profit margin is revenue and profit sharing. Revenue and margin for the BSM at the end of March 2012 reached Rp 1.07 trillion, up 24.76%, compared to the position in March 2011 amounted to Rp 860 billion. (source)
INDONESIA - BANKING - Indonesia ruling may hurt Malaysian banks' earnings
www.btimes.com.my - KUALA LUMPUR: Malaysia's top two banks could be
dealt a bigger blow than expected if Indonesia limits the maximum stake a
single shareholder can own in its banks to below 50 per cent, as news
reports from Jakarta suggested.
A Reuters report yesterday said Bank Indonesia was set to announce next
month a reduction in the single-shareholder threshold from 99 per cent
currently to a level below 50 per cent. It quoted unnamed sources with
direct knowledge of the plan.
A Bisnis Indonesia report, also quoting sources, said the central bank planned to limit the ownership in banks to 40 per cent for financial institutions, 30 per cent for non-financial institutions and 20 per cent for individuals. (source)
A Bisnis Indonesia report, also quoting sources, said the central bank planned to limit the ownership in banks to 40 per cent for financial institutions, 30 per cent for non-financial institutions and 20 per cent for individuals. (source)
Saturday, April 28, 2012
INDONESIA - BANKING - Q1, Bank Muamalat pockets IDR86.9 billion net profit
www.bisnis.com - JAKARTA:
PT Bank Muamalat Indonesia Tbk pocketed IDR86.9 billion net profit in
QI/2012, rose 25.16% than IDR69.4.3 billion on the same period last
year.
Hike in profit was motored by financing growth to IDR26.88 trillion, said Director Andi Buchari.
Financing rose 54.12% when compared to QI/2011 at IDR17.44 trillion and when compare with the end of 2011, it rose by 14.87%. (source)
Hike in profit was motored by financing growth to IDR26.88 trillion, said Director Andi Buchari.
Financing rose 54.12% when compared to QI/2011 at IDR17.44 trillion and when compare with the end of 2011, it rose by 14.87%. (source)
Monday, April 23, 2012
INDONESIA - BANKING - ISLAMIC BANK BUKOPIN minimal profit grew by 30%
www.bisnis.com - MALANG:
PT Bank Syariah Bukopin peg the growth of the earnings and assets by
30% -40% from the previous year following the expansion plans by
extending the outlet or branch of a priority on the island of Java.
President Director of PT Bank Syariah Bukopin, Riyanto, said in the past three years he headed the bank's growth has increased dramatically from previous asset only Rp344 billion to Rp 3 trillion.
"While we reap profits amounting to Rp12 billion last year and this year we expect to grow by 30% -40%. Based on existing performance during the first quarter of 2012, it seems that all may go well and hopes to meet its growth target for it, "said Riyanto in PT Bank Syariah Bukopin event CSR and Community Development at the University of Muhammadiyah Malang (UMM), Saturday (21/4 ). (source)
President Director of PT Bank Syariah Bukopin, Riyanto, said in the past three years he headed the bank's growth has increased dramatically from previous asset only Rp344 billion to Rp 3 trillion.
"While we reap profits amounting to Rp12 billion last year and this year we expect to grow by 30% -40%. Based on existing performance during the first quarter of 2012, it seems that all may go well and hopes to meet its growth target for it, "said Riyanto in PT Bank Syariah Bukopin event CSR and Community Development at the University of Muhammadiyah Malang (UMM), Saturday (21/4 ). (source)
Friday, April 20, 2012
INDONESIA - BANKING - BSM PROFIT surged 31.67% to Rp551, 07 billion
www.bisnis.com - JAKARTA: PT Bank Syariah Mandiri, Indonesia's largest Islamic bank, earned a net profit of Rp551, 07 billion at the end of 2011, an increase of 31.67% compared to 2010 which recorded Rp418, 52 billion.
Yuslam Fauzi, Managing Director of Bank Syariah Mandiri (BSM), said the biggest contributor is the increase in net profit margin and revenue sharing is reached Rp3, 77 trillion, up 36.59% compared with 2010.
"The increase in revenue margins and profit sharing along with the growth of financing to grow significantly by 53.26% to Rp36, 72 trillion, compared with the previous year Rp23, 96 trillion," he said in a press conference performance in 2011, today, Wednesday, April 18, 2012. (source)
Yuslam Fauzi, Managing Director of Bank Syariah Mandiri (BSM), said the biggest contributor is the increase in net profit margin and revenue sharing is reached Rp3, 77 trillion, up 36.59% compared with 2010.
"The increase in revenue margins and profit sharing along with the growth of financing to grow significantly by 53.26% to Rp36, 72 trillion, compared with the previous year Rp23, 96 trillion," he said in a press conference performance in 2011, today, Wednesday, April 18, 2012. (source)
Thursday, April 05, 2012
INDONESIA - TAKAFUL - AXA Mandiri reports 76% surge in net profits
www.thejakartapost.com - Insurance company PT AXA Mandiri Financial Services reported a robust 76 percent growth in net profits to hit Rp 846 billion (US$92 million) last year, thanks to a large increase in premium sales from its unit-linked products and the strength of its “bancassurance” model.
The company’s total premiums in 2011 grew 72 percent from 2010 to reach Rp 4.85 trillion.
At the same time, its weighted new business premiums surged 56 percent to Rp 2.98 trillion, up from Rp 1.91 trillion. (source)
The company’s total premiums in 2011 grew 72 percent from 2010 to reach Rp 4.85 trillion.
At the same time, its weighted new business premiums surged 56 percent to Rp 2.98 trillion, up from Rp 1.91 trillion. (source)
Tuesday, March 27, 2012
INDONESIA - BANKING - PermataBank Syariah profits grew 41 percent in 2011
www.thejakartapost.com - PermataBank's sharia unit, PermataBank Syariah, reported on Monday that it had booked a profit of Rp 133 billion (US$14.45 million), 41 percent higher than 2010 with Rp 94 million.
Similarly, the operational profit of the bank increased by 35 percent to Rp 139 billion.
Meanwhile, the unit disbursed Rp 3 trillion in financing, 107 percent more than the amount in 2010. (source)
Similarly, the operational profit of the bank increased by 35 percent to Rp 139 billion.
Meanwhile, the unit disbursed Rp 3 trillion in financing, 107 percent more than the amount in 2010. (source)
Sunday, January 15, 2012
INDONESIA - BANKING - Industry profits exceed Rp1, 51 trillion
JAKARTA: Islamic banking net profit January-November 2011 reached Rp1, 51 trillion, an increase of 36.04% compared to same period previous year.
Based on data from Bank Indonesia, the majority of net income contributed by 11 Islamic banks (BUS) that grossed Rp1, 08 trillion. The rest is the contribution of Islamic business units totaled 23 units. (source)
Based on data from Bank Indonesia, the majority of net income contributed by 11 Islamic banks (BUS) that grossed Rp1, 08 trillion. The rest is the contribution of Islamic business units totaled 23 units. (source)
Saturday, November 19, 2011
INDONESIA - BANKING - Bank Syariah Mandiri Profit Grows 27.8%
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)
Thursday, November 03, 2011
INDONESIA - BANKING - BNI Syariah's Profit Jumps Ninefold
Theindonesiatoday.com - PT Bank BNI Syariah booked profit after tax
of Rp87.44 billion in the first 9 months of 2011, jumped 964% from the
same period of last year.
Rizqullah, BNI Syariah's president director, said the bank's financing grew 57.86% while cheap funds increased 23.72%. (source)
Tuesday, November 01, 2011
INDONESIA - BANKING - Profit Up 95 Percent Muamalat
REPUBLIKA.CO.ID, JAKARTA - Bank Muamalat profit rose significantly by September 2011 with profit before tax of Rp 270 billion. Profit rose to 95 percent over the same period last year (year on year / yoy). Muamalat earnings as of September 2010 reached Rp 138 billion.
Director of Retail Bank Muamalat, Andrian A Gunadi, revealing contribution to retail deposits have been closer to 70 percent or equivalent to Rp 14 trillion. -E savings products contribute significant share in the deposits up to Rp 500 billion since its launch. "Next year, the product will be a hero," he said. (source)
Director of Retail Bank Muamalat, Andrian A Gunadi, revealing contribution to retail deposits have been closer to 70 percent or equivalent to Rp 14 trillion. -E savings products contribute significant share in the deposits up to Rp 500 billion since its launch. "Next year, the product will be a hero," he said. (source)
INDONESIA - BANKING - Bank Muamalat Posts Rp266.18 Billion Profit
Theindonesiatoday.com - Indonesia's largest shariah bank Muamalat booked net profit of Rp266.18 billion in the first nine months of 2011, jumped 90% from Rp139.79 billion in the same period of last year.
Operating income profit increased 34% to Rp1.07 trillion from Rp799.84 billion a previous year while operating profit reached Rp254.3 billion, a 78% jump compared to Rp143.09 billion a year earlier.
(source)
Saturday, October 29, 2011
INDONESIA - BANKING - Bank DKI Earned Rp 304 Billion Profit - its UUS will launch Hajj & Umrah Bailout Funding
beritajakarta.com - Residents’ trust toward DKI Bank
services is increasing. It is proven by the bank financial performance
improvement. Until September 2011, Bank DKI earned profit before tax as
much as Rp 304 billion or grows 28.27 percent compared to the same
period in 2010 as much as Rp 237 billion. (source)
INDONESIA - BANKING - CIMB Niaga Syariah posts 87 % higher earnings
This profit driven business performance improvement a number of Islamic financing include increased distribution by 95% from Rp1, 45 trillion to Rp2, 82 trillion, and an increase in third party funds (DPK) by 95% from Rp1, 76 trillion to Rp3, 44 trillion per September 2011. (source)
Subscribe to:
Posts (Atom)