PT Bank Rakyat Indonesia Tbk (BBRI) recorded a profit increase during 2012 amounted to 22.79 percent or Rp 18.5 trillion. The increase in profit is due to micro credit and small medium enterprises (SMEs) are soaring.

PT Bank Rakyat Indonesia Tbk (BBRI) recorded a profit increase during 2012 amounted to 22.79 percent or Rp 18.5 trillion. The increase in profit is due to micro credit and small medium enterprises (SMEs) are soaring.

BRI President Director Sofyan Basir explain the increase in SME loans since the company operates a policy of prudential banking units to expand the network of e-channel. In addition, as did the development of e-banking, including products and other IT-based services.

"The increase in profit was due to income from interest-based (fee-based income), which rose 47.8 percent to Rp 8.2 trillion," he added during a press conference in Jakarta, Thursday (01/31/2013).

Meanwhile, the increase in the loan portfolio over the same period reached 22.8 percent, from Rp 283.53 trillion to Rp 348.23 trillion. The details of the Rp 106.8 trillion micro credit, retail credit Rp 137.09 trillion, Rp 16.52 trillion intermediate credit, corporate loans and credit Rp 37.99 trillion to Rp 49.82 trillion SOEs. While the ratio of non-performing loans (NPL) has declined from 2.3 percent to just 1.78 percent.

The highest NPL ratio of credit contributed medium (5.09 percent) and the smallest is the corporate credit that only 1 percent. For third-party funds (DPK) recorded an increase of 17.18 percent from Rp 372.15 trillion to Rp 436.1 trillion. The details of Rp 79.1 trillion current account, savings and time deposits of Rp 182.29 trillion to Rp 174.7 trillion.

"The portion of savings and deposits reached respectively 41.8 percent and 40.06 percent. While demand is only 18.14 percent," he added. This year, BRI targets 15-18 percent profit increase. If there is an increase of at least 15 percent, its profits could exceed Rp 20 trillion more.