State lender PT Bank Rakyat Indonesia (BRI) expects net profit to reach 20 trillion rupiah ($1.6 billion) in 2013, compared with last year’s 18.5 trillion rupiah, Finance Director Achmad Baequni told Investor Daily.
The bank is targeting a loan growth of 16-17 percent in 2014, lower than this year’s target of 20-22 percent, Baequni added. (Investor Daily)
Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)