BRI Becomes Indonesia's Most Profitable Bank in Q3 2019

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Yosepha Pusparisa 30/10/2019 16:00 WIB

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Bank Rakyat Indonesia (BRI) achieved the highest net profit, amounting to Rp 24.8 trillion, compared to other state-owned banks. Private bank, Bank Central Asia (BCA), followed with Rp 20.9 trillion.

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BRI Becomes Indonesia's Most Profitable Bank in Q3 2019

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Net Banking Income (Quarter III 2019)

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Bank Rakyat Indonesia (BRI) (Persero) Tbk. is the bank with the highest profit throughout the first nine months of this year. BRI outperforms other state-owned banks and the largest private banks in Indonesia.

Bank Rakyat Indonesia (BRI) achieved the highest net profit of Rp 24.8 trillion, a 5.36% increase from the third quarter of last year. BRI's achievement is largely supported by credit disbursement. On a consolidated basis, the bank disbursed Rp 903.14 trillion in credit throughout January-September 2019.

Bank Central Asia (BCA), a private bank, follows with a profit of Rp 20.9 trillion. BCA's net profit as of September 2019 increased by 13% compared to the same period last year. Bank Mandiri and Bank Negara Indonesia (BNI) follow with net profits of Rp 20.3 trillion and Rp 12 trillion, respectively.

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."