OCBC NISP Records Growth of 23 Percent

By : Ahmad Fadli Dan Aldo Bella Putra | Tuesday, October 24 2017 - 21:30 IWST

PT Bank OCBC NISP Tbk
PT Bank OCBC NISP Tbk

INDUSTRY.co.id - Jakarta- Bank OCBC NISP posted a 23 percent net profit growth in Q3 / 2017, to Rp1.7 trillion, from Rp1.4 trillion in the same period a year earlier.

"In the midst of challenging external conditions in 2017, Bank OCBC NISP continues to show sustainable business growth," said Bank OCBC NISP President Director Parwati Surjaudaja in a statement received by Editorial in Jakarta on Tuesday (24/10/2017)

He explained that the improvement in performance is inseparable from the company's efforts to continue to innovate in line with the trend to meet customer expectations, and increase productivity.

In line with net profit growth, Bank OCBC NISP also increased its assets in this period by 16 percent (year on year) to Rp149.8 trillion from Rp129.5 trillion.

The increase in total assets was mainly driven by a set of Third Party Funds (DPK), which grew 20 percent from Rp95.4 trillion to Rp114.8 trillion.

In addition, credit growth (gross) was recorded at 17 percent (year on year) to Rp103.3 trillion, from Rp88.1 trillion in the same period in 2016.

This loan growth is channeled in line with the diversification of the business sector, the size of the loan and the time period.

In accordance with the type of use, the composition of credit channeled among others for working capital reached 45 percent, investment by 41 percent, and consumers as much as 14 percent.

Parwati ensures this condition shows the company's commitment to remain consistent in carrying out the intermediation function.

News Comment

Today's Industry

Application-based transportation provider, Grab Indonesia (Foto Ist)

Jumat, 19 Oktober 2018 - 11:43 WIB

SoftBank Case, Lippo Bribes Question Grab Business amid Blood Money Swirl

Two major cases which have now charged Grab investors, namely SoftBank and Lippo Group, are expected to threaten the online transportion operator's business credibility.

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…