PT Bank Internasional Indonesia Tbk ("BII" or the "Bank") today announced net profit of Rp415 billion for the first nine months ended 30 September 2010, a significant turnaround from the net loss of Rp183 billion in the previous corresponding period ended 30 September 2009. Despite the significant adjustments recognized by the Bank due to the implementation of the Statements of Financial Accounting Standards (SFAS) No 50 and 55, the Bank was still able to record significant improvement in its performance. The strong performance was achieved on the back of improving growth across the business segments and supported by continuous improvements in all business operations.
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