Bank Tabungan Negara Profit Reach IDR2Trn

PT Bank Tabungan Negara (Persero), Tbk (BBTN IJ), is the largest mortgage lender in Indonesia, reported its net profit reached IDR2trn in 3Q17, higher 24% compare to same period 2016 worth IDR1.62trn. The net profit driven by net interest income (NII) which is increase 16.95% to IDR6.54trn, compare to same period 2016 IDR5.59trn. While the net interest income was supported by credit and financing increased, the decreasing of cost of fund, and also the increasing of interest income.

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