CIMB Group Holding Berhad announced a net profit of RM 4.35 billion in fiscal year 2012. This figure is up 7.8% over the same period the previous year.
“We return a high profit for FY12 because almost all business units to increase revenue numbers,” said Group Chief Executive, CIMB Group, Dato Nazir Razak in Kuala Lumpur, Malaysia, Wednesday (04/17/2013).
Recorded earnings are equivalent to net earnings per share valued at 58 cents and the rate of return on equity of 16%.
The company achieved net profit in the fourth quarter of FY12 stood at RM 1.082 billion, or 5.3% lower than 3Q12 net income, and lower by 4.5% from 4Q11 net profit, amounting to RM 1.133 billion.
“CIMB Group’s revenue in FY12 experienced increased 11.3% over the same period previous to RM 13.495 billion,” he added.
Net interest income rose by 10.6% while non-interest income increased 12.7% due to capital market transactions exceeded the highest plus increasingly aggressive treasury market activities.
“Without taking into account the advantages and CIMB Aviva deconsolidation amounted to RM250 million in 4Q11, an increase in non-interest income amounted to 19.8%,” said Nazir.
Increase in CIMB Group’s profit before tax was higher by 9.1% to RM 5.678 billion.
“Profit before tax generated regional consumer banking unit of CIMB Group in 2012 rose 23.9% to RM 2.323 billion,” he said.
PT CIMB Niaga Tbk (BNGA) to contribute pre-tax profit by 34% to CIMB Group. 2015 is expected to increase to 40%.
“I think 2015 could be 40 percent,” said Razak.
Even so, the Group has no plan to add an injection of capital into CIMB Niaga. “If Mr. Arwin capital may ask, but I think it has been pretty,” he continued.
Nazir said the target is given as see good prospects in the banking market in Indonesia.
“We see the ratio, very attractive. Terms of the macro-economy is also growing rapidly. Macro management and banking regulation is good,” said Nazir.
On the same occasion, President Director of CIMB Niaga, Arwin Rasyid, said CIMB Niaga has committed to continue to develop products and services micro and small enterprises (MSEs) in Indonesia while maintaining good credit quality.
“Our initiative is in line with Bank Indonesia regulations that establish bank credit portfolio in the MSE sector by 20 percent in stages by 2018,” said Arwin.
Responding to these rules, the CIMB Group is also committed to undergo such a rule.
“The rule is good, we will obey it,” he continued.
PT BNI Tbk (BBNI) net profit in the first semester of 2013 amounted to Rp 4.28 trillion, up 30.2% over the same period in 2012 amounting to Rp 3.287 trillion. According to the directors, the increase in net income was driven by growth in net interest income earned from credit and non-credit.
Gatot Suwondo, Director of BNI, said that in the first semester of 2013 the company recorded a credit of Rp 222.65 trillion, grow 24.1% compared to the same period last year of Rp 179.44 trillion. The increase in lending is pushed net interest income or net interest income of Rp 8.896 trillion, an increase of 23.1% over the same period in 2012. “Non-interest income grew 22% to Rp 4.56 trillion,” said Billy.
Jakarta – PT Bank Permata Tbk recorded a net profit after tax (consolidated – unaudited) of Rp 818 billion in the first half of 2013, an increase of 15% over the same period in 2012.
Total operating income reached Rp 3,205 trillion in the first half of 2013, 12% higher than the same period last year of Rp 2,859 trillion, driven by good growth in net interest income and fee-based revenue (fee-based).
The net interest income grew 12% yoy to Rp 2,568 trillion, with sustained strong credit growth. While the revenue-based fee (fee-based income) rose 11% yoy to Rp 638 billion.
Director of Permata Bank, David Fletcher said the company’s operating performance improved strongly in the first half of 2013 was made possible through corporate discipline in carrying out the strategy.
“Permata Bank ended the period with a strong record of financial performance and good momentum in both segments of retail and corporate banking business (Retail and Wholesale Banking),” he said in a press release on Tuesday (07/30/2013).
The second half, continued David will bring a new challenge in the form of increased interest rates and the dynamics of the economy.
“Nevertheless, we believe that the Bank is in a good position amid this uncertainty,” he said.
In the first half of 2013, loans grew by 27% yoy from Rp 84.4 trillion at the end of June 2012 to Rp 106.9 trillion at the end of June 2013. Credit growth in almost all business segments, including strong growth in SME business, mortgage and lending to corporate and middle segments of the local market. Total assets reached Rp 144.3 trillion, up 31% yoy from Rp 110.6 trillion as of June 30, 2012.
More diverse funding base and grow sustainably. Third-party funds, including the Sharia – increased 32% yoy to Rp 116.1 trillion, where current and savings accounts (CASA) each recorded an increase of 16% yoy and 6% yoy. Meanwhile deposits recorded strong growth at 41% yoy. Sharia financing recorded a significant increase in the amount of 95% yoy.
Excellent credit quality reflects the Bank’s compliance to always keep the principle of prudence. Non Performing Loan (NPL) Gross improved to 1.2% as of June 30, 2013 compared to 1.6% in the previous year. Similarly, the net NPL has also improved to 0.4% from 0.5% in the same period last year.
Permata Bank also maintains a healthy level of capital to risk weighted assets (RWA) and ended the period with a Capital Adequacy Ratio (CAR) of 15.6%, up 232 bps compared to the previous year in spite of the strong credit expansion. Shareholders’ equity grew 35% yoy to Rp 13.2 trillion at the end of June 2013, supported by a limited public offering / PUT (Right Issue) by the Bank in the year 2012.
JAKARTA-PT Bank Permata Tbk throughout the first half 2013 net profit of Rp 818 billion, up 15 percent compared with the same period in 2012.
Director of Bank Permata, David Fletcher said the company’s total operating income by the end of June 2013 amounted to Rp 3.2 trillion, up 12.28 percent compared with the same period last year to Rp 2.86 trillion.
The increase in operating income was driven by growth in net interest income and fee-based revenue (fee-based).
In this case, the net interest income grew 12 per cent year on year to Rp 2.56 trillion, while the fee-based income rose 11 percent from the same period in 2012, to Rp 638 billion.
On the other hand, bank lending grew 27 percent year on year from Rp 84.4 trillion at the end of June 2012 to Rp 106.9 trillion at the end of June 2013.
“Credit growth in almost all business segments, including strong growth in SME business, mortgage and lending to corporate and middle segments of the local market.’s Total assets reached Rp. 144.3 trillion, up 31% yoy from Rp 110.6 trillion per 30 June 2012, “said Fletcher.
More diverse funding base and grow sustainably. Third-party funding, including from Islamic-unit increased 32 percent yoy to Rp 116.1 trillion. Composition of demand deposits and savings deposits recorded an increase of respectively 16 percent yoy and 6 percent yoy.
Meanwhile deposits recorded strong growth at 41 per cent yoy. Sharia financing recorded a significant increase in the amount of 95 per cent yoy.
“I am pleased to convey that the Bank’s operational performance improved strongly in the first half of 2013 this through our disciplined in carrying out the strategy,” said Fletcher.
PT Bank Danamon Indonesia Tbk recorded a net loss of 1% of Rp 2 trillion in June 2012 to Rp 1.99 trillion in June 2013. The decline in earnings due to slowing auto loan company through its subsidiary Adira Finance.
Danamon recorded credit growth of 12%, to Rp 124 trillion in the first half of 2013 compared to Rp 110 trillion in the same period in the previous year. Non-automotive loans, including micro, small and medium enterprises as well as loans to commercial and corporate segments grew by 18%.
Meanwhile, auto loans through Adira Finance, which is 37% of the Bank’s total loans grew by 3% by the end of June 2013 compared to the same period last year.
This is in line with the automotive industry is still in the adjustment phase after the issuance of the rules down payment. While net interest income or net interest income grew by 6% to Rp 6.7 trillion in the first half of this year and non-interest income or fee income grew by 9% to Rp 2.4 trillion.
“Inflation is the main theme in the second quarter of 2013, primarily due to higher fuel oil by mid-June of 2013. Nevertheless, in the first half of this year, a conducive business environment to remain relatively intact. Therefore, we can record a positive performance in the first six months of this year, “said Danamon President Director Henry Ho in a press release on Friday (19/07/2013).
Danamon micro loans through Danamon Savings and Loans (DSP) recorded a growth of 10% to Rp19, 8 trillion in the first half of 2013 compared to the same period last year.
Meanwhile, loans to small and medium business segment (SMEs), rose by 25% to Rp 17.2 trillion. Credit to the commercial segment, grew by 25% in first-half 2013 compared to last year to Rp 11.2 trillion.
Credit for the corporate segment grew by 21% to Rp 13.1 trillion and trade finance business grew by 27% to Rp 8.4 trillion. Danamon Syariah loans grew 38% over last year to Rp 1.4 trillion.
In the first half of 2013, the auto loans through Adira Finance grew by 3% over the first half of 2012 to Rp 46 trillion.
“The automotive sector, especially the two-wheeler industry is still in the stage of adjustment for the impact of the rule down payment,” said Chief Executive Officer and Director of Danamon Vera Eve Lim.
Danamon’s loan growth in the first six months of 2013 coupled with asset quality is maintained. NPL (Non Performing Loans / NPLs) are at 2.4% at the end of the first half of 2013.