Citibank N.A Indonesia booked net profit of Rp1.35 trillion in first half (H1) this year, grew 12% from Rp1.21 trillion in H1 last year. Net interest income increased 12% to Rp2.23 trillion. Net interest margin (NIM) also rose to 6.69% from previous 6.05%. While credit declined 2.86% to Rp39.75 trillion. Citibank targets 7% credit growth, to Rp41.63 trillion for this year. While third party funds increased 3.22% to Rp50.56 trillion. The Bank’s assets grew 5.79% to Rp76.69 trillion.
