JAKARTA - PT Bank KB Bukopin Tbk (BBKP) made an operating profit before provision expenses of IDR 27 billion until May 2024. This achievement was thanks to interest income growth of 11.04% from the same period in 2023.

Adi Pribadi, Corporate Relations Department Head of BBKP, stated that interest income was recorded at IDR 1.98 trillion, up from IDR 1.78 trillion in May 2023. "Income growth was offset by interest expense efficiency of 1.0% so that KB Bank's net interest income grew by 140.93% to IDR 366 billion from IDR 152 billion," he said in Jakarta (9/7).

Bukopin posted other operating income that grew 92.57% to IDR 312 billion from IDR 162 billion. This issuer's operational expenses fell 16.25% from last year.

On the other hand, this issuer recorded growth in current account savings accounts (CASA) of 33.88% in May 2024. The CASA ratio was 28.33%, an improvement from May 2023 at 20.04%.

The loan at risk (LAR) ratio was at 27.05%, an improvement compared to May 2023 at 49.64%. Bank Bukopin's new credit grew 79.34% from the same period last year. (LK/LM)