JAKARTA, March 13 Indonesian lender PT Bank
Central Asia Tbk reported on Monday a 14.4 percent
rise in 2016 net profit, helped by a lower cost of funds.
Indonesia's biggest bank by market value posted a net profit
of 20.6 trillion rupiah ($1.54 billion) for the full year ended
Dec. 31, up from 18.0 trillion rupiah a year ago.
That came in slightly above an average net profit estimate
of 20.0 trillion rupiah by 21 analysts, according to Thomson
($1 = 13,357.00 rupiah)
(Reporting by Cindy Silviana; Writing by Eveline Danubrata;
Editing by Christian Schmollinger)