4Q17 Performance Review
BBRI posted the interest income of IDR25.6 trillion (+5.7% y-y) and net interest income (NII) of IDR17.9 trillion (+2.0% y-y). The decline of 62 bps into 12.9% in loan yield was logical takeaway lagging the interest income and NII growth. In the opposite site, its profit buoyed 17.2% y-y into IDR8.5 trillion (+17.2% y-y) attributable to the decline of 35% y-y in provision cost.

Double-Digit Credit Growth
In the end of 2017, the credit distribution grew 11.4% higher than the credit distribution average growth of 8.2% posted by the banking industry. The non-corporation divisions, namely micro, consumer, and small and medium enterprises (SMEs) posting the hike of 13%-14% were the key pillars for the growth in the credit distribution. The three divisions contributed 74% to the total credit distribution.

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