Lombard Bank p.l.c. public announcement fails to highlight more than €25 million in losses from investments and a loss of €168,000 for total comprehensive income for the year, down from a profit of €12,908,000 in 2021
JAKARTA, Indonesia, May 3, 2023 /PRNewswire/ Despite the global financial turbulence, PT. Bank Rakyat Indonesia (Persero) Tbk. (IDX: BBRI) recorded a profit of IDR 15.56 trillion, reflecting a 27.37% Year-on-Year (YoY) growth in Q1 2023, along with a surge in assets by 10.46% YoY, reaching IDR 1.822.97 trillion. BRI Records a Profit of IDR 15.56 Trillion in Just 3 Months "The micro segment with a growth of 11.18% was the main contributor to BRI's performance. This resulted in total credit and financing of IDR 1,180.12 trillion. MSMEs accounted for 83.86% or IDR 989.64 trillion of BRI's total credit," said Sunarso, BRI's President Director. The ability of BRI to provide loans is accompanied by prudent risk management as proven by the bank's Non-Performing Loan (NPL) coverage at 282.49% in Q1 2023. Furthermore, its third-party funds grew by 11.45% YoY, driven mainly by a 13.01% YoY increase in current account savings account (CASA), resulting in an increased CA
JAKARTA, Indonesia, May 2, 2023 /PRNewswire/ Despite the global financial turbulence, PT. Bank Rakyat Indonesia Tbk. recorded a profit of IDR 15.56 trillion, reflecting a 27.37%. | June 18, 2023