bank jatim reach profit before tax of rp 947 billion

Date: 08 december 2012

Bank Jatim Reach Profit Before Tax of Rp 947 Billion
Jakarta, PT. East Java Regional Development Bank, Tbk until today posted a profit according to data as of December 8, 2012, before tax of Rp 947 billion, and loans by 19 trillion. Bank Jatim targeting credit growth in 2013 amounted to Rp 22.75% Third Party Funds (TPF) 22.11%

Plan ahead, of Bank Jatim will expand into the region of West Java and Banten, such as by opening a branch in Bekasi, Depok, and serpong. To maximize banking services, Bank Jatim will develop Internet Banking and Mobile Banking, making it easier for people to do banking transaction.

President Director of Bank Jatim Hadi Sukrianto said "Profit before tax has increased compared to the end of October, which reached Rp 801.45 billion. For its net profit reached 601 billion. We will continue to work optimally so as to achieve the expected results "he said.

Associated with the plan capital increase, the Bank Jatim seeks to boost the capital up to 5 trillion of core capital is now 4.63 T. "There are several options that can be taken by company related to the capital increase, such as additional capital from a number of local government in East Java. With the additional capital, hence the efforts to expand the Bank Jatim goes well, "said Hadi.

The composition of the shareholders of Bank Jatim today is the Government of East Java at 51.46%,City and the District Governments The whole East Java 28.54%, and public shareholders 20%. Bank Jatim will distribute dividends above 50% of the net profit during the 2012. (*)