{
    "success": true,
    "data": {
        "id": 1351525,
        "msgid": "nisp-reports-96-jump-in-net-profit-1447893297",
        "date": "2003-10-31 00:00:00",
        "title": "NISP reports 96% jump in net profit",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "NISP reports 96% jump in net profit JAKARTA: Publicly listed NISP Bank recorded a 96 percent increase in net profit in the third quarter of this year. Its net profit jumped from Rp 61 billion (US$7.22 million) in 2002 to Rp 119 billion in 2003. In a media release, the bank said a 70 percent increase in net interest margin pushed profits higher. The bank posted Rp 308 billion in net interest margin in the third quarter compared to Rp 181 billion in the same period last year.",
        "content": "<p>NISP reports 96% jump in net profit<\/p>\n<p>JAKARTA: Publicly listed NISP Bank recorded a 96 percent increase<br>\nin net profit in the third quarter of this year. Its net profit<br>\njumped from Rp 61 billion (US$7.22 million) in 2002 to Rp 119<br>\nbillion in 2003.<\/p>\n<p>In a media release, the bank said a 70 percent increase in net<br>\ninterest margin pushed profits higher.<\/p>\n<p>The bank posted Rp 308 billion in net interest margin in the<br>\nthird quarter compared to Rp 181 billion in the same period last<br>\nyear.<\/p>\n<p>NISP's president Pramukti Surdaudaja said the bank's third<br>\nparty funds also increased by 87 percent to Rp 12.33 trillion.<\/p>\n<p>Some 76.5 percent of the funds were in the form of time<br>\ndeposits.<\/p>\n<p>Loan disbursed by the bank was up 79 percent from Rp 8.52<br>\ntrillion in the third quarter of 2002 to Rp 15.23 trillion in the<br>\nsame period this year. Some 63.3 percent of the loans were<br>\nprovided to companies for working capital, 15.6 percent for<br>\ninvestments and 21.1 percent consumer loans.<\/p>\n<p>The bank's capital adequacy ratio (CAR) increased to 14.98<br>\npercent in the quarter from 13.89 percent in the same period in<br>\n2002, while gross non-performing loans (NPL) were down to 1.14<br>\npercent from 1.88 percent.-- JP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/nisp-reports-96-jump-in-net-profit-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}