BANKING
Bank Profits Up

FIVE national banks reaped an increase in profits year-on-year in the third quarter of this year. BRI, Bank Central Asia (BCA) and Bank Permata gained an increase of profits by 25 up to 28 percent, while the profits of Bank Mandiri and CIMB Bank Niaga increases by 16 and 19 percent respectively.

In the financial performance report for the September 2009 period, Bank Permata secures a net profit of Rp500 billion or a 28 perc