(The Insider Stories) PT Bank Negara Indonesia Tbk (BBNI) booked a 30.2 percent rise in its net profit in the first half of this year compared to the corresponding period last year.

Net profit Profit rose to Rp 4.28 trillion from Rp 3.29 trillion.

President Director at the lender Gatot M Suwondo said the earnings rise was contributed by higher net interest income, or income from loan interest after being reduced by the cost of paying depositors.

NII rose 23.1 percent to Rp 8.9 trillion. Meanwhile, non-interest income, which include transactional charges and treasury business gains, grew 22 percent to Rp 4.56 trilion.

Meanwhile, BNI's operational revenue rose 22.7 percent to Rp 13.45 trillion.

Gatot said the growing opeartional revenue is the fruit of BNI's effort to expand its loans.

BNI's loan-to-deposit ratio increased to 84 percent in the first half of this year from 74 percent in January-June 2012. That means, BNI has grown its loans.

Third party funds, or the public's funds grew 8.7 percent to Rp 263.8 trillion.

On its credit disbursement, BNI recorded a 24.1 percent increase in its outstanding loans to Rp 222.65 trilion, while gross non-performing loans improved to 2.6 percent from 3.4 percent. Provisioning is maintained at the level above 120 percent.