Reuters, 21 Jan 2009
JAKARTA, Jan 21 (Reuters) - Indonesia's fifth largest lender, PT Bank Danamon Tbk (BDMN.JK), posted a lower net profit in 2008 amid a slowing domestic economy hit by lower global demand for its key commodities.
The bank said on Wednesday unaudited net profit stood at 1.5 trillion rupiah ($134.2 million) in 2008 against forecasts of 2.2 trillion. It made a net profit in 2007 of 2.1 trillion.
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