Bank Maybank Indonesia (BNII) posted a 5.6% decline in net profit to Rp1.86 trillion in 2017, along with a 3.8% decline in operating profit. The Bank reported a 4% growth in net interest income (to Rp7.7 trillion), but other operating expenses also rose 7.2% (to Rp5.2 trillion). Net interest margin (NIM) increased slightly to 5.2%. Fee based income rose almost 8% to Rp2.7 trillion. The Bank focused in operating efficiency with strategic cost management program and improving fee based income during 2017.
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