Bank Pembangunan Daerah Jawa Timur (BJTM), or Bank Jatim, booked net profit of Rp758.3 billion in H1 this year, grew 5% year on year (y/y). The Bank’s lending rose 5.34% to Rp32.19 trillion. Lending to consumer segment grew 8.26% to Rp22.32 trillion. Net interest margin (NIM) reached 6.41%/ Its third party funds increased 17.35% to Rp49.52 trillion.
Meanwhile Bank Pembangunan Daerah Jawa Tengah (BJTG) booked net profit Rp723.5 billion in H1 on net interest income of Rp1.82 trillion, grew 12% and 7.68% respectively. Operating profit rose 19.3% to Rp969 billion from previous Rp812 billion. Credits only increased 4.7% to Rp44 trillion while third party funds rose 11.3% to Rp49.6 trillion.