PT Bank Rakyat Indonesia (BRI) Tbk (BBRI) booked a net profit of Rp23.55 trillion in the first nine months (9M) of 2018. It grew 14.6% year on year (y/y) on the back of higher interest income and fee and other operating income. Lower provision (which declined 11.7% to Rp13.87 trillion) also supported the profit growth.

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