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

Images By : Freepik

Sabtu, 14 September 2024 - 16:56 WIB

Essential Tips for Choosing Personal Health Insurance in the US

Choosing the right health insurance plan in the United States can be a complex task, especially with the variety of options available and the ever-changing landscape of healthcare policy. Here…

Images By : Freepik

Sabtu, 14 September 2024 - 16:53 WIB

The Top 10 Insurance Companies in the US for 2024

In the ever-evolving landscape of insurance, selecting the right company can significantly impact your financial security and peace of mind.

Images By : Freepik

Jumat, 13 September 2024 - 15:37 WIB

Why Airbnb Become Popular in 2024?

Airbnb fosters a more interactive experience between hosts and guests. Through direct messaging, guests can inquire about specific details, negotiate pricing, or clarify expectations, which…

Flag of the United Nations Organization.

Kamis, 15 Agustus 2024 - 14:26 WIB

Modena Officially Becomes a Member of the UN Global Compact

Commited to transforming towards sustainable business practices, Modena the global home appliance established over 60 years ago in Italy, officially became a member of the UN Globe Compact (UNGC)…

Totolink outlet. (Photo: Public Relation of Totolink)

Kamis, 11 Juli 2024 - 22:08 WIB

Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia

Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.