Friday, March 30, 2007

BRI's profit +11.8%, loss category loans +104%

PT Bank Rakyat Indonesia booked net profit of Rp4.257 trillion in 2006 (+11.8%), with provision for possible losses on earning assets skyrocketted to Rp1.84 trillion from Rp431 billion in 2005. The bank also reported significant increase of 104% in loss category loans to Rp2.598 trillion.

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