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LDR’s Lippo Group Increase Become to 80,8 percent

President Director and Chief Executive Officer (CEO) of PT Bank Lippo Tbk, Henk Mulder said that the company’s credit growht by consolidation was reached 42 percent Year on Year (YoY) become to Rp. 24,551 trilliun. 

The credit growth has contributing by Lippo group are consist of 39 percent for commercial credit, 33 percent corporation credit and 28 percent consumer credit (including financing was contributed to PT Kencana Internusa Artha). 

The increasing of credit growht also has influence the company’s Loan to Deposit Ratio (LDR) which increasing 57,7 percent in the third quartal 2007 become to 80,8 percent in the same period on 2008. 

While, the company performance for the third quartal 2008 on operational income after interest expenses was booked Rp. 1,836 trilliun. 

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