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Bank Oke posted third-party funds of IDR 4.98 trillion in H1 2022

09 August 2022 13:48

JAKARTA – PT Bank Oke Indonesia Tbk (DNAR) collected third-party funds from its users of IDR 4.98 trillion in the first half of 2022. The third-party funds were dominated by the time deposit.

In the Financial Statement of H1 2022 published today (9/8), Park Young Man, President Director of Bank Oke, claimed that the third-party funds grew approximately IDR 1 trillion from IDR 3.96 trillion posted in December 2021.

The third-party funds came from related parties, which brought in IDR 25.30 billion, and third parties (unaffiliated). The funds channelled in the current account reached IDR 408.41 billion. The savings accounts carried IDR 528.28 billion, and time deposits amounted to IDR 4.05 billion.

On the other hand, Bank Oke channelled IDR 6.59 trillion worth of credits, more than the credit distribution in December 2021 of IDR 5.43 trillion. The credits were mostly channelled for working capital and investment, amounting to IDR 4.31 trillion and IDR 1.47 trillion, respectively. The rest of them went to the consumption sector, syndicate loans, and employee loan.

Bank Oke recorded net interest income of IDR 206.69 billion, proliferating from IDR 140.02 billion in H1 2021. Its net profit also shifted from IDR 4.94 billion to IDR 5.14 billion. (LK/ZH)

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