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Indonesia's Danamon 9-mth net profit falls 22.2 pct

Tue Oct 20, 2009 5:35am EDT

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JAKARTA, Oct 20 (Reuters) - Indonesia's fifth-largest lender, PT Bank Danamon Tbk (BDMN.JK), on Tuesday reported a 22.2 percent drop in nine-month net profit.

The bank, controlled by a consortium including Singapore's state investor Temasek Holdings [TEM.UL] and Deutsche Bank (DBKGn.DE), said its net profit for January-September fell to 1.37 trillion rupiah ($145.8 million), from 1.76 trillion rupiah a year ago.

Analysts polled by Thomson Reuters I/B/E/S expected the lender to post a full-year net profit of 1.89 trillion rupiah in 2009, up from 1.53 trillion rupiah last year. ($1=9395 Rupiah) (Reporting by Tyagita Silka; Editing by Sara Webb)



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