18.02.2011 - Danamon’s fourth-quarter profit more than quadruples
From Bloomberg: PT Bank Danamon Indonesia, controlled by Temasek Holdings Pte and Deutsche Bank AG, said profit more than quadrupled in the fourth quarter last year on loan growth and non-interest income such as fees and insurance. The lender posted net income of 680 billion rupiah ($77 million) in the three months to Dec. 31, compared with 167 billion rupiah a year earlier, Bank Danamon said in a statement released in Jakarta today..............................................Full Article: Source
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