BBRI booked 1Q22 net profit of IDR 10.90 trillion (bank-only), jumping 63.4% YoY compared to 1Q21. Net Interest Income grew 10.1% YoY to IDR 25.08 trillion, as Interest Expense fell 16.9% YoY. Micro segment continued to be the driver, as it went up 15.4%. In 2022, BBRI sets credit growth target at 9%-11%, with NIM maintained at 7.6%-7.8%.
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