Pt Bank Cimb Niaga Tbk Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 31, 2019 at 08:47 am EDT
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PT Bank CIMB Niaga Tbk announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced net interest income was IDR 3,155,836 million compared to IDR 3,024,276 million a year ago. Net income was IDR 702,199 million compared to IDR 824,064 million a year ago. Basic earnings per share was IDR 28.16 compared to IDR 33.06 a year ago. For the nine months, net interest income was IDR 9,471,954 million compared to IDR 9,012,567 million a year ago. Net income was IDR 2,678,746 million compared to IDR 2,591,739 million a year ago. Basic earnings per share was IDR 107.44 compared to IDR 103.99 a year ago.
PT Bank CIMB Niaga Tbk (the Bank) is an Indonesia-based company, which is engaged providing general banking services. The Bank operates through seven segments: Corporate, Business, Retail, Treasury, Sharia, Subsidiaries, and Others. The Corporate segment includes loans, deposits and other transactions, and balances with corporate customers. The Business segment includes products and services for customer segments comprising small to medium scale enterprises. The Retail segment focuses on products and services for individual customers. This segment includes products, such as loans, deposits and other transactions, and balances with retail customers. The Treasury segment undertakes its treasury activities, which include foreign exchange, money market, derivatives, and investing in placements and securities transactions. The Sharia segment includes all transactions relating to Sharia Business Unit. The Subsidiaries segment includes all transactions relating to subsidiaries businesses.
PT BANK CIMB NIAGA TBK 
