Focusing on commercial and SMEs, PermataBank to aim credit growth of 7% to 9%
07 Mar 2024 16:58
After scoring slight increase in credit in 2023, PT Bank Permata Tbk (BNLI) sets up a moderate target for its credit growth in 2024 of 7% to 9%.
Permata Bank to boost its fee-based income this year
07 Mar 2024 11:53
PT Bank Permata Tbk (BNLI), widely known as PermataBank, aims to secure revenue increase through its fee-based income growth in 2023. As of 2023, PermataBank reported 16% contribution from fee-based income to its total revenue.
Bakrie Group’s oil and gas company discovers new natural gas source worth IDR 1.57 trillion
07 Mar 2024 10:52
EMP Bentu Limited, a subsidiary of PT Energi Mega Persada Tbk (ENRG), the operator and full owner of interest participation of Bentu Block, has reportedly discovered a new gas-in-place source of 126 billion cubic feet from its drilling activity in CEN-01 gas well.
Doubling income, BBYB still at loss of IDR 573 billion
06 Mar 2024 10:51
Despite the report of 100% growth in revenue, PT Bank Neo Commerce Tbk (BBYB) still failed to score net profit at the end of December 2023 and must be satisfied with a loss of IDR 573 billion.
Bank Mega to ready 70% of net profit as dividend, hitting IDR 2 T
06 Mar 2024 10:07
Shareholders of PT Bank Mega Tbk (MEGA) agreed upon cash dividend distribution plan worth IDR 2.46 trillion for the fiscal year 2023, taken out of the net profit of IDR 3.51 trillion.
Provident Investasi Bersama readies rights issue of 8.65 billion shares for IDR 3.62 trillion
05 Mar 2024 15:12
PT Provident Investasi Bersama Tbk (PALM) will initiate the capital increase with pre-emptive rights, also known as a rights issue, by offering 8.56 billion new shares.
Credit grew 22.7%, Bank Nationalnobu’s profit hit IDR 141.5 billion
05 Mar 2024 15:06
PT Bank Nationalnobu Tbk (NOBU) reported fantastic growth in credit distribution, revenue, as well as net profit in 2023.
Commercial insurance industry’s assets reach IDR 903.07 trillion
05 Mar 2024 14:26
The Financial Services Authority (OJK) reveals that the assets of commercial insurance industry had reached IDR 903.07 trillion in January 2024.
SGER’s hydrogen peroxide plant of USD 50 million to enter construction stage
05 Mar 2024 14:10
The construction of hydrogen peroxide plant owned by PT Sumber Global Energy Tbk (SGER) has reportedly entered the construction stage.
Skyrocketing revenue boosted DRMA's net profit by 57.6% in 2023
05 Mar 2024 13:58
PT Dharma Polimetal Tbk (DRMA), an automotive spare part and component manufacturer, reported skyrocketing net profit in 2023, soaring 57.6% year-on-year (yoy) to IDR 625.5 billion in December 2023.