BUSINESS INFORMATION - PT Bank Internasional Indonesia Tbk (BII) in the first nine months as of 30 September 2009

BUSINESS INFORMATION - PT Bank Internasional Indonesia Tbk (BII) in the first nine months as of 30 September 2009 had recorded a net profit of Rp65 billion, which showed significant changes from the original loss of Rp67 billion in the first six months as of June 2009.

Director of PT BII, Ridha Wirakusumah told the press here on Friday that the growth BII strong performance was supported by the core businesses, including subsidiaries.

This is due to last four months BII management focus on consolidation, improvement, preparation of a strong foundation for sustainable growth, he said.

Sectors that support growth, according to him, net interest income rose 10 percent on an annual basis from Rp2, 056 billion in September 2008 to Rp2, 267 billion in September 2009.

Net interest margin also improved to 5.80 percent as of 30 September 2009 from 5.09 percent the same period last year, he said.