By Yi Wei Wong
Bank Central Asia said fourth-quarter net profit increased 4.0%, supported by higher loan growth.
Net profit for the quarter rose to 7.644 trillion rupiah ($557.6 million) from IDR7.347 trillion a year earlier, the Indonesian lender said late Thursday.
Operating income was IDR19.186 trillion, compared with IDR11.977 trillion a year ago, Bank Central Asia said.
For 2019, net profit rose 10% to IDR28.565 trillion, it said.
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