Jakarta – The profit of PT Bank Ekonomi Raharja Tbk (BAEK) has grown 4.29% in the first semester of 2012, to IDR 137.40 billion from IDR 131.74 billion last year in the same period.
According to its financial statement published on August 16, 2012, Bank Ekonomi’s fee-based income rose 90.34% to IDR 189.19 billion, from IDR 99.39 billion in the first semester of 2011, Bisnis Indonesia reported. The bank’s operational expenses other than interest equaled IDR 489.22 billion, up 26.42% from IDR 386.95 billion last year in the same period. This dragged down its operating profit to IDR 137.37 billion from IDR 173.68 billion.
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