Jakarta (ANTARA News) - Bank Syariah Mandiri said it posted a profit of Rp409.12 billion in the year ended in September, up 27.83 percent from Rp320.04 billion in the same period last year.

The increase was fueled by operating income after being distributed on a revenue-sharing basis, Yuslam Fauzi, president director of the state-owned Bank Mandiri`s sharia unit, said here on Wednesday.

"In September 2011, operating income after being distributed on a revenue-sharing basis reached Rp2.81 trillion, up 39.11 percent compared with Rp2.02 trillion in the same period last year," he said.

Third party fund placement in the bank amounted to Rp38.29 trillion in the nine months through September, jumping 54.15 percent from Rp24.84 trillion in the same period last year, he said.

In the meantime, the amount of financing surged 60.45 percent to Rp34.40 trillion from Rp21.44 trillion in the corresponding period a year earlier, he said.

The financing was 72.40 percent contributed by non-corporate financing and 27.60 percent from corporate financing, he said.

"The figure indicates that the company is pro-real sector and small and medium enterprises," he said.

As per September 30, 2011, the bank`s total assets reached Rp43.51 trillion, up 55.12 percent from Rp28.05 in the same period a year ago. (*)

Editor: Kunto Wibisono
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