Sign up | Log in



Home  >>   Daily News  >>Indonesia>>Companies>>Panin Bank posts 22% net profit growth in H1
NEWS UPDATES Asean Affairs    July 21, 2017  

Panin Bank posts 22% net profit growth in H1

Private lender Panin Bank reported on Friday a 22 percent increase in net profits during the first half of 2017, an achievement it attributed to a strong net interest income stream and other operational income streams, including fee-based income.

In a press release, the publicly listed bank said its net profits increased to Rp 1.4 trillion (US$105.1 million) in the January-June period in comparison to the Rp 1.15 trillion collected during the same period last year.

Meanwhile, the lender saw its outstanding loans reach Rp 138.1 trillion as of June, up by 3.15 percent year-on-year (yoy).

Its third-party funds also increased by 5.38 percent to Rp 141.44 trillion from Rp 134.21 trillion.

Panin Bank, however, saw its gross non-performing loan (NPL) ratio increase to 2.91 percent as of last month from 2.74 percent a year ago. The lender's net NPL ratio also increased to 0.91 percent from 0.62 percent.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                          July 21, 2017 Subsribe Now !
• AGlobe At Home leads charge in bringing first-world entertainment to more families in PH Subcribe: Asean Affairs Global Magazine
• Panin Bank posts 22% net profit growth in H1
Duterte refuses to resume peace negotiations with Reds
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• SSC to terminate 28 securities companies
• Singapore's Rowsley to buy healthcare assets for up to S$1.9b
Asean Analysis                  July 15,  2017
• Asean Analysis July 15, 2017
Financial Regulations Hobble U.S. Companies in Myanmar Even after U.S. Sanctions Lifted
Advertise Your Brand

Asean Stock Watch    July 18, 2017

• Asean Stock Watch-July 18, 2017
The Biweekly Update
• The Biweekly Update  July 15, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand