Gross non-performing loan (NPL) of Bank Pembangunan Daerah Jabar dan Banten Tbk (BJBR) on the first term in 2016 dropped by 2% per level. The management is optimistic that the level of NPL can be pushed by below 2% until end of this year.
Ahmad Irfan, the Director of BJBR, said that the decrease of NPL gross was faster than the target that company has assigned which is by 2.86% in June 2016. ”We will decrease the NPL gross below 2% in September after insurance claim been liquidated and collateral sold,” said Ahmad.
At the closing in trading on Tuesday (2/8), BJBR share had strengthen by 2.1% to 1.670 IDR. Ciptadana Sekuritas recommended Buy for BJBR with a target price 1.800 IDR.
| Bank Jabar dan Banten Tbk Performance | |||
| In billion rupiah | |||
| Note | H1 2016 | H1 2015 | Changes |
| Credit | 59370 | 50699 | Up |
| DPK | 68253 | 77385 | Down |
| Net interest income | 2746 | 2163 | Up |
| Non-interest income | 211 | 195 | Up |
| Net Profit | 905 | 579 | Up |
| NIM | 4,6% | 5,3% | Down |
| NPL gross | 2,00% | 3,63% | Down |
| ROA | 2,1% | 1,42% | Up |
| ROE | 22,5% | 16,46% | Up |
Add Comment