Bank Rakyat Indonesia
, the world's biggest micro lender, had a 67 percent
rise in second-quarter net profit driven by strong domestic
demand boosted loan growth, a statement seen by Reuters showed
on Thursday.
Net profit rose to 3.5 trillion indonesian rupiah ($412
million), compared with 2.1 trillion rupiah in the same period a
year earlier, according to a Reuters calculation based on the
lender's first-quarter and first-half results.
First-half net profit rose by 58 percent to 6.8 trillion
rupiah from 4.3 trillion rupiah in the same period a year ago
while net interest income rose by 23 percent to 16.9 trillion
rupiah.
Analysts have forecast Bank Rakyat's 2011 net profit will
rise by 12 percent to 12.9 trillion rupiah, according to Thomson
Reuters I/B/E/S.
Shares in Bank Rakyat closed down 1.5 percent. They have
risen nearly 24 percent in the first half of the year to
outperform a Jakarta index up around 5 percent.
($1 = 8497.0 Rupiahs)
(Reporting by Janeman Latul and Fathiya Dahrul; Editing by
Erica Billingham)
credit: http://www.reuters.com/
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