By Yi Wei Wong
Bank Negara Indonesia's net profit for the nine months ended September jumped 79%, as the bank recorded higher income from insurance premiums.
The Indonesian lender said late Monday that nine-month net profit rose to 7.746 trillion Indonesian rupiah ($547.1 million), compared with IDR4.320 trillion in the same period last year.
Net interest income rose 18% to IDR28.698 trillion, the lender said.
Bank Negara Indonesia said it plans to continue developing its digital banking and e-commerce offerings.
Write to Yi Wei Wong at firstname.lastname@example.org
(END) Dow Jones Newswires
October 25, 2021 22:27 ET (02:27 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.