Jakarta (ANTARA News) - Bank Permata Tbk posted a net profit of Rp962 billion until the third quarter of 2011, up 23 percent year-on-year from Rp781 billion in the same period last year.

Consolidated operating profit rose 18 percent to Rp1.117 trillion, fueled by fee-based income, PermataBank President Director David Fletcher said on Friday.

Meanwhile, net interest income grew 25 percent to Rp2.99 trillion.

David said the bank would continue to optimize its intermediary function in support of the country`s economic growth as reflected by the amount of credits which grew 39 percent to Rp64.6 trillion as per September 30, 2011 from Rp46.4 trillion a year earlier.

The bank also saw its total consolidated assets grow 38 percent to Rp92.6 trillion as per September 30, 2011 compared to Rp66.9 trillion the year before.

The bank`s capital adequacy ratio (CAR) meanwhile rose 185 bps to 14.8 percent from the year before and shareholders` equities grew 56 percent year-on-year to Rp8.884 trillion at the end of September 2011.

Permata Bank recently received two awards from AsiaMoney in recognition of its commitment to customers. The awards are "Fixed Income Poll 2011 - Overall Best Domestic Credit Service Provider in Indonesia" and "Foreign Exchange Poll 2011 - Best Domestic Provider of FX Services in Indonesia". (*)

Editor: Kunto Wibisono
Copyright © ANTARA 2011