BTN's Profit Growth Highest Among State-Owned Banks

Finance

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Andrea Lidwina 13/05/2021 11:40 WIB

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BTN's net profit grew by 36.75% in Q1 2021 compared to the same period the previous year. This growth was the highest among other large banks.

Net Profit Growth of State-Owned Banks in Q1 2021 (y-o-y)

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BTN's Profit Growth Highest Among State-Owned Banks

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Net Profit Growth of State-Owned Banks in Q1 2021 (y-o-y)

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PT Bank Tabungan Negara Tbk (BBTN)'s net profit recorded a 36.75% growth in Q1 2021 compared to the same period the previous year. This growth was the highest among other large banks.

Next is PT Bank Central Asia Tbk (BBCA), which experienced a 7% profit growth in the first three months. Meanwhile, PT Bank Mandiri Tbk (BMRI) and PT Bank Negara Indonesia Tbk (BBNI) experienced a decline in net profit of 25.2% and 43.9%, respectively.

Meanwhile, based on public disclosures on the Indonesia Stock Exchange (IDX), PT Bank Rakyat Indonesia Tbk (BBRI) is still auditing its Q1 2021 financial statements.

Editor : Dimas Jarot Bayu

"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."