Danamon’s performance in the 3rd quartal is better than 2nd quartal
Credit’s growth of Danamon Bank was reached 33 percent Year on Year (YoY) till the third quartal of 2008. This credit’s growth was supported by mass market segmen and consumer finance segmen.
Until September 2008, Danamon’s credit has been growth to the amount Rp. 16.4 trillion, become to Rp. 66.5 trillion.
While, Earning After Tax (EAT) consolidation was reached Rp. 1.76 trilion or increase 10 percent from Rp. 1.6 trillion in the same period on 2007.
For Danamon’s Non Performing Loan (NPL) is only 2.1%, while Capital Adequacy Ratio (CAR) consolidation was reached 16.6 percent.
Entirely, Danamon’s performance in the third quartal was better than previous quartal (second quartal).
According to Sebastian Paredes (Director of Danamon Bank), the company still commit to support the economic’s growth with some contribution at micro, small, and middle company.
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