JAKARTA, April 28 (Reuters) - Indonesia's biggest lender by
assets, Bank Rakyat Indonesia (BRI), is targetting an
up to 18% profit rise in 2021 as an economic recovery from the
coronavirus pandemic bolsters demand for loans, its chief
executive told Reuters.
BRI's profits dropped 45.8% on a yearly basis to 18.66
trillion rupiah ($1.29 billion) in 2020.
This year, BRI aims for net income to rise to 20 trillion to
22 trillion rupiah, President Director Sunarso said in an
interview, setting a target for 7% annual loan growth and
non-performing loan (NPL) levels at 3%.
(Reporting by Tabita Diela
Editing by Ed Davies)