NISP first for capital gain<\/p>\n
JAKARTA (JP): The publicly listed Bank NISP was ranked first
\nlast year among 22 other public banks listed on the Jakarta Stock
\nExchange in terms of capital gain, the bank's Director Pramukti
\nSurjaudaja said yesterday.<\/p>\n
Pramukti said the price of the bank's shares on the Jakarta
\nStock Exchange (JSX) increased by 91 percent to Rp 2,675 (US$1.1)
\na share as of Dec. 27 last year, from Rp 1,400 in December 1995.<\/p>\n
This means the bank's shares provided a capital gain of around
\nRp 1,275 or 91 percent of the price quoted on December, 1995, he
\nsaid.<\/p>\n
"Overall, we ranked 29th among the 238 other banks in the
\nstock exchange in terms of capital gain," he said.<\/p>\n
The shares held by the investing public increased to 33
\npercent after its founders, PT Suryasono Sentosa and PT Udayawira
\nUtama sold part of their shares in the bank.<\/p>\n
The divestment raised the shareholding of institutional
\ninvestors by 68 percent, he said.<\/p>\n
According to Pramukti, Bank NISP's assets now reach Rp 1.2
\ntrillion. Last year, the bank increased its deposits (third
\nparty funds) by 38 percent, compared to a 28 percent increase in
\n1995.<\/p>\n
The bank's pre-tax profits were estimated to reach Rp 26.6
\nbillion last year. (02)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/nisp-first-for-capital-gain-1447893297",
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"sponsor": "Okusi Associates",
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