KUALA LUMPUR: Malayan Banking Bhd
's subsidiary PT Bank Internasional Indonesia Tbk (BII) reported a 39% decline in its earnings to Rp 189 billion for the first quarter ended March 31, 2014.
It said on Tuesday that in Q1, 2014, the bank experienced some asset quality deterioration in a number of global banking debtors related to commodities and structured trade financing. This caused it to increase the provisions by 72%.
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