PT Bank Rakyat Indonesia (BRI) Tbk (BBRI) booked a net profit of Rp12.45 trillion in the first half (H1) of 2021, grew 22% year on year (y/y), but declined 13.5% quarter on quarter (q/q). Net interest income rose 34.2% y/y to Rp46.35 trillion, while provision expenses jumped 134% to Rp21.53 trillion. For q/q, net interest income only rose 3.4%, and provision expenses increased 22.2%.

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