Indonesian state-controlled mortgage lender PT Bank Tabungan
Negara booked net profit of 1.56 trillion rupiah
($128.16 million) in 2013, up 15 percent from 1.36 trillion
rupiah a year earlier, driven by interest income and operating
revenues, said CEO Maryono.
Interest income rose to 5.63 trillion rupiah as the firm
recorded loan growth of 23 percent, with total disbursed loans
reaching 81.41 trillion rupiah. The bank targets asset growth of
17-18 percent in 2014, to 160.7 trillion rupiah. (Investor
Note: Reuters has not verified this story and does not vouch
for its accuracy.
($1 = 12172.5 rupiah)
(Compiled by Jakarta Newsroom)