Indonesian digital lender Neo Commerce targets first full-year profit next year

Indonesian digital lender Neo Commerce targets first full-year profit next year

President Director Bank and CEO of Neo Commerce Tjandra Gunawan gestures during an interview at his office in Jakarta, Indonesia, November 3, 2022. REUTERS/Ajeng Dinar Ulfiana

Indonesian digital lender PT Bank Neo Commerce (BNC) expects to book its first fullyear profit next year since launching its online services in 2021, its president director said, even as lenders in the sector compete to offer high deposit rates to lure customers.