PT Bank Permata Tbk recorded a loss of Rp 6.48 trillion throughout 2016, whereas the previous year it still recorded a profit of Rp 247.1 billion. This figure is the largest compared to other issuers that recorded losses in 2016, based on Bloomberg's compilation up to April 3, 2017. The increase in non-performing loans (NPLs) caused this bank, with the trading code BNLI, to record the largest loss in its history.
In second place, the issuer that experienced the largest loss in 2016 was PT Bakrie & Brothers Tbk, reaching Rp 3.6 trillion. This amount increased by 105 percent from the previous year's Rp 1.75 trillion. Then in third place is PT Bank QNB Indonesia Tbk with a loss reaching Rp 650 billion, compared to a profit of Rp 156 billion in the previous year. The total losses from the 10 issuers that recorded the largest losses throughout 2016 reached Rp 12 trillion.
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