REPUBLIKA.CO.ID, JAKARTA -- State Enterprises Minister Dahlan Iskan has praised state-owned banks for improving their performance amid ongoing global economic woes.
"I am somewhat surprised at the good performance of state-owned banks, which have managed to withstand the pressure of the current global economic crisis," the minister said following a meeting with leaders of state-owned companies here on Thursday.
The state banks would have shown even better performance if the crisis had not affected the global economy, he stated.
Four state banks---Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI) and Bank Tabungan Negara (BTN)---have recorded a significant rise in their net profit in September 2013 compared with the same period last year.
Bank Mandiri booked a net profit of Rp12.8 trillion in September 2013, up 15.1 percent from Rp11.1 trillion in September 2012.
BRI saw its net profit jump 17.01 percent to Rp15.2 trillion in September 2013 from the same period last year.
BNI posted a net profit of Rp6.54 trillion in September 2013, a 29.8 percent surge compared with Rp5.04 trillion in the same month in 2012.
Meanwhile, BTN recorded a net profit growth of 3.92 percent in the third quarter of 2013 to Rp1.06 trillion from Rp1.02 trillion in the same period last year.
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