Bank Permata Q1 profit up slightly amid higher lending
Bareksa • 25 Apr 2014
Astra International has a 44.56 percent stake in Bank Permata, while Standard Chartered Bank has 44.56 percent - (The Jakarta Globe/Romeo Gacad)
Still, the company is optimistic that the macroeconomic conditions will improve
The Jakarta Globe - Bank Permata, partly owned by Astra International, posted a slight increase in first-quarter earnings, on higher lending and rising net interest income.
Net income at Bank Permata, formerly called Bank Bali, rose 3.1 percent to Rp 367 billion ($32 million) in the January-March period from the same quarter last year.