Bank Danamon - reported net profit of $ 498bn ( $ 500 m ) , a flat increase of 0 % USD , and down 23 % QoQ ; FY15 net profit declined by 8 % YoY. The bank reported 4Q15 net profit of Rp498b, flat increase of 0% yoy and down 23% qoq. The bank blamed a slow implementation of its restructuring plan , insufficient talent and too much reliance on two engines of growth as some of the reasons for its poor performance .
Bank Danamon - reported net profit of $ 498bn ( $ 500 m ) , a flat increase of 0 % USD , and down 23 % QoQ ; FY15 net profit declined by 8 % YoY. The bank blamed a slow implementation of its restructuring plan , insufficient talent and too much reliance on two engines of growth as some of the reasons for its poor performance .