| ||Laporan Kinerja Bank OCBC NISP Triwulan-I 2013
By consistently applying the prudence principle, Bank OCBC NISP, which recently celebrated its 72nd anniversary, again recorded great business growth amid the economic turmoil and tighter banking competition. Through consistent efforts in maintaining the quality of its assets, Bank OCBC NISP has also managed to maintain its important financial ratios on a healthy level.
Bank OCBC NISP recorded net profit of Rp 247 billion, up 23% for the first 3 months of its business operation in 2013. This profit increase, among others, was due to an increase of 18% in net interest income from Rp 601 billion as at the end of March 2012 to Rp 709 billion as at the end of March 2013.
The total assets of Bank OCBC NISP in Quarter I-2013 increased by 29% to Rp 81.3 trillion, compared to the same period in 2012, which stood at Rp 63.1 trillion. In order to meet the ever-increasing needs of the community, the Bank always seeks to enhance the quality of its products and services by continuously developing innovative programs and value-added services to its customers.
Bank OCBC NISP’s lending in quarter I-2013 also grew by 27% to Rp 53.7 trillion compared to the same period in 2012. Bank OCBC NISP continues to maintain the quality of its credit, among others, by diversifying the business sectors. In line with its designation, the credit extended by the Bank is described as follows: 40% for working capital, 36% for investment, and 24% for consumers. The credit extension percentage is relatively similar in some sectors, namely 24% in trading, 23% in manufacturing and 22% in services. With effective risk management strategies, the Bank has managed to improve its credit quality as well as reduce its NPL (net) to 0.4% at the end of March 2013, compared to 0.5% at the end of March 2012, far from the 5% maximum limit set by Bank Indonesia.
Parwati Surjaudaja, President Director & CEO of Bank OCBC NISP, said, "In line with our commitment to maintain sustainable growth, in this 2013 Bank OCBC NISP will continue to go for expansion in various aspects. In terms of capital, we achieved 35% capital growth to Rp 9.1 trillion compared to the same period last year, thereby increasing the capital ratio (CAR) to 16.6%. This increasingly solid financial foundation and continued growth will certainly give us more confidence in facing future banking challenges".
In addition to the above accomplishments, third party deposits also showed an increase of 19% from Rp 46.6 trillion at the end of March 2012 to Rp 59.3 trillion at the end of the first quarter of this 2013. The growth of such third party deposits reflects high customers’ confidence in the Bank OCBC NISP.
Financial Highlights and Ratios as at 31 Maret 2013, presented on Facsheet attached