Jakarta – PT Bank Ekonomi Raharja Tbk (BAEK) has recorded a profit of IDR 154.14 billion during the year to the end of September, down 21% compared to the same period last year of IDR 195.43 billion.
The profit decrease of the bank, which is 98.94% owned by HSBC Asia Pacific Holdings, was caused by a surge in operating expenses, Kontan reported.
NewsIDX | before you trade 