Bank Central Asia's net profit climbs to $2.9b in 9M 2024

Net interest income grew by 9%, reaching $4b.

Bank Central Asia reported a 14% year-on-year (YoY) increase in net profit, rising to $2.9b (IDR46.22t) from $2.52b (IDR40.22t) for the period ended 31 October, according to its financial report.

Net interest income grew by 9%, reaching $4b (IDR63.66t) compared to $3.66b (IDR58.34t) in the previous year. 

Total assets increased by 3% YoY to $84.65b (IDR1.39t), whilst loans and financing surged to $53.94b (IDR858t), up from $47.23b (ID751.35t).

The bank also recorded a 20% rise in total comprehensive income, climbing to $2.9b (IDR46.15t) from $2.39b (IDR38t).

$1 = IDR15.91m