2016, Bank BRI Remains Top in Banking Profit

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07/12/2016 12:19 WIB

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Large Bank Profits as of October 2016

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BRI Bank remains the leader in national banking profits. Until October 2016, BRI Bank's profit reached Rp 20.9 trillion, a 2 percent increase from the same period the previous year. In second place is BCA Bank, with profits reaching Rp 16.74 trillion, a 14 percent increase from the same period in 2015. Then, in third place is Mandiri Bank, with profits of Rp 12.8 trillion, a 20 percent decrease from the same period the previous year.

The sluggish domestic economy has impacted the growth of bank credit and third-party funds (DPK). Until September 2016, bank credit grew only 3.71 percent, and bank DPK grew by 4.3 percent compared to the end of 2015. Meanwhile, the non-performing loan (NPL) ratio was 3.1 percent.

"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."

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2016, Bank BRI Remains Top in Banking Profit

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