JAKARTA - In 2019, Bank Bukopin Tbk (BBKP) recorded a net profit of Rp 217 billion in 2019, 14% higher than its record in 2018.
The increase in net profit was supported by revenue from trade finance products, which grew by 96% during the year to Rp 235.9 billion.
According to the company's financial statements, the company's interest and sharia income was recorded at Rp 2 trillion in 2019. Then, total loans disbursed last year reached Rp 69.54 trillion, grew by 4.67%. Most of the loans are distributed to the retail segment (68.44%).
Likewise, Bank Bukopin also recorded growth in third party funds by 6% to Rp 80.81 trillion. (ARM/AR)