Surabaya, East Java (ANTARA News) - The East Java provincial government-owned Bank Pembangunan Daerah (Bank Jatim) booked a net profit of Rp347 billion in the first four months of this year.

The net profit was inseparable from the bank`s good performance over the period, PT Bank Jatim President Director Hadi Sukrianto said here on Friday.

"(Given the performance), we are optimistic that we can achieve the net profit target of Rp1.2 trillion for 2011," he said.

As per April 30, 2011, the bank`s assets totaled Rp23.08 trillion. Meanwhile, the amount of credits channeled in the four months through April reached Rp13.907 trillion and the amount of third party fund placement stood at Rp19.2 trillion.
(Uu.S012/H-YH)

Editor: Priyambodo RH
Copyright © ANTARA 2011