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

Launch of OKINO C100, tiny vape with O-Tape Coil technology. (Photo: OKINO Public Relations)

Kamis, 29 September 2022 - 15:38 WIB

OKINO C100, Tiny Vape With O-Tape Coil Technology

The consumption of e-cigarettes in Indonesia continues to increase. The Indonesian Personal Vaporizer Association (APVI) estimates that there are currently 2.2 million e-cigarette (vape) users.…

EH Free Swinging Hinges

Kamis, 29 September 2022 - 12:00 WIB

Southco Introduces Free-Swinging Hinges in New Materials to Meet Demanding, Heavy-Duty Applications

Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning…

President Jokowi distributes direct cash assistance in South Buton regency, Southeast Sulawesi province, Tuesday (09/27). (Photo by: BPMI Presidential Secretariat/Laily Rachev)

Rabu, 28 September 2022 - 21:50 WIB

President Jokowi Distributes Assistances in South Buton

President Joko “Jokowi” Widodo Tuesday (09/27) distributed direct cash assistance (BLT) for fuel for beneficiaries of Family Hope Program (PKH) at Batauga post office, South Buton regency,…

President Jokowi at the inspection at PT Wika Bitumen, Buton regency, Southeast Sulawesi province, Tuesday (09/27). (Photo by: BPMI Presidential Secretariat/Laily Rachev)

Rabu, 28 September 2022 - 19:00 WIB

President Jokowi Pushes for Revival of Asphalt Producing Industries in Buton

President Joko “Jokowi” Widodo Tuesday (09/27) expressed hope to Buton regency, Southeast Sulawesi province to maximize its potential so it can re-emerge as an asphalt-manufacturing industrial…

KRAIBURG TPE presents THERMOLAST® R

Rabu, 28 September 2022 - 17:00 WIB

KRAIBURG TPE to campaign in Düsseldorf: The focus is on sustainable products and discussion

To ensure that customers of KRAIBURG TPE always achieve the best result, individual materials solutions are developed for many requested applications. The result: Right in time for the 2022…