Tuesday, August 29, 2006

Chinatrust profit jump 186%

PT Bank Chinatrust Indonesia, 99% shares owned by Taiwan's Chinatrust Commercial Bank, reported 186% jump in net profit for first half 2006 to Rp123 billion (US$13.5 million).

Chinatrust reported total asset of Rp3.96 trillion as of June 30, 2006, reflected a 26.87% growth from Rp3.12 trillion in June 2005 mainly due to sharp increase in third party deposits both in rupiah and forein currencies denomination.

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