As of Q3 / 2017, Mandiri Syariah's Net Profit Reaches Rp261 Billion

By : Wiyanto Dan Aldo Bella Putra | Thursday, November 09 2017 - 22:09 IWST

Bank Mandiri Syariah (Foto Ist)
Bank Mandiri Syariah (Foto Ist)

INDUSTRY.co.id - Jakarta - Mandiri Syariah said net profit that can be collected amounted to Rp261 billion as of the third quarter of 2017, or growth of 6.04% (yoy) compared to the same period the previous year.

Director of Financing Risks and Recovery of Mandiri Syariah Management Choirul Anwar said, with this performance, Mandiri Syariah has contributed to the community around the branch office through the program of giving blessings in the form of renovation of places of worship, places of education and scholarships to poor students.

"Up to September, 300 branch offices have distributed Rp15 billion of the fund, which is 2.5 percent of the company's profit," he said in Jakarta on Thursday (9/11/2017).

In terms of financing, until the third quarter of 2017 Mandiri Syariah managed to disburse Rp58, 72 trillion, or grow 10.28% compared to Rp53, 24 trillion in September 2016. Growth
the financing was offset by improvements in financing quality as reflected in NPF Nett decline from 3.63% to 3.12%. FDR Mandiri Syariah 80% or in accordance with OJK provisions.

'' In 2017 in line with the national economic conditions, we focus on retail and corporate especially infrastructure with skim or akad shariah '' Choirul Anwar again.

Furthermore, 10.28% (yoy) is supported by retail banking (including pawning, consumer and small and micro enterprises), which grew 9.59% from Rp30.35 trillion to Rp33.26 trillion, and the wholesale segment (Corporate and Commercial) grew 11.20% (yoy) to Rp25.45 trillion from Rp22.89 trillion per September 2016 position.

The increase in financing resulted in a net profit margin growth of Rp544 billion or an 18.77% (yoy) growth to Rp3.44 trillion.

Furthermore, Choirul Anwar said that with the positive development, Mandiri Syariah operating profit increased Rp534 billion or grew 46.81% to Rp1.68 trillion.

News Comment

Today's Industry

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…

Listrik Ilustrasi

Senin, 08 Oktober 2018 - 02:00 WIB

Electrical System in Central Sulawesi is 75% Normal

Jakarta - Electricity, telecommunications, roads, airports and fuel supply (BBM) infrastructure have begun to recover in areas affected by the earthquake in Central Sulawesi. Assistance from…