Bank Mashill's profit up

JAKARTA (JP): Publicly-listed Bank Mashill's pretax profit for the third quarter jumped 48.91 percent to Rp 25.84 billion (US$11 million), up from Rp 17.36 billion for the same period last year.

The bank said its net interest revenue rose 43.76 percent to Rp 56.32 billion, while its operating revenue jumped 49.47 percent to Rp 64.47 billion.

The bank said its capital adequacy ratio as of last month was 10.30 percent, much higher than the minimum 8 percent set by Bank Indonesia (central bank) and its loan to deposit ratio was only 91.72 percent, much lower than the maximum set by the central bank.

Bank Mashill, which went public in 1994, has 32 branches across the country, including branches in Jakarta, Bandung, Surabaya, Semarang -- all on Java -- and in Lampung. The bank will open a branch in Bali soon. (rid)