BANKING - Permata Syariah gains IDR59 billion profit

JAKARTA: Subsidiary of PT Bank Permata Tbk, Bank Permata Syariah, booked an increase in net income up to 100% from IDR29 billion in the H1/2009 to IDR59 billion in H1/2010.

Achmad K. Permana, Head Permata Syariah, said that the increasing net income was supported by the increases in revenue and financing such as margin of murabahah and lease of ijarah muntahiyah bittamlik (IMBT) amounting IDR68 billion or rose 72% from IDR39.5 billion in the same period last year.