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PT Bank Negara Indonesia (Persero) Tbk (BBNI)'s profit growth slowed in the first nine months of this year. Despite the slowdown, the company's financial performance remains positive.
BNI's financial report shows a total net profit of Rp 12 trillion in Q3 2019, an increase of only 4.7% compared to the same period last year. This is in contrast to the 12.6% net profit growth achieved in Q3 2018.
BNI's Q3 net profit was supported by net interest income (NII) of Rp 26.9 trillion and fee-based income of Rp 8.1 trillion.
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