Improving the significance of every Indonesian

Committed to improving your significance potential

Our strength comes from the relationships we build

We believe in a better future for everyone

We know that where there is opportunity, there will be ambition

We recognise the contributions of every customer

And delight in the coming together of people for a greater cause

Since starting in 1958 in Bandung, West Java and then changing our name in 1986 to Bank Tabungan Pensiunan Nasional, BTPN has come a very long way.

It was listed on the Jakarta Stock Exchange in 2008 and a year later added micro-financing to its portfolio of pension banking services.

Recognising that today's challenges are forcing businesses to change the way they operate, we have taken a step further, by creating and launching Daya in 2011. This mass market enablement platform which seeks "to increase the significance potential of every Indonesian" is close to the heart of the BTPN business ethos and intent.

While most companies aspire to make a difference through CSR programs separate from their business, BTPN integrates its social program within its business. So much so that our tagline, "hidup yang lebih berarti" which means "to give our customers a more meaningful life" is not just our social responsibility – but  integrated in our daily business activity down to the branch level.
If a suitable definition of a person's self is based on their potential, then their vision of what they can become should be the foundation of living a better life – a life of significance.

At BTPN, we believe that Indonesians from all walks of life desire opportunities for growth. We enable them by providing financial solution and capacity building.


  • 1958

    Initially, the Bank was set up in Bandung, West Java, under the name Bank Pegawai Pensiunan Militer (Bapemil), and served retired military personnel.

  • 1960

    Obtained license to become a commercial bank.

  • 1986

    Changed its name into Bank Tabungan Pensiunan Nasional.

  • 2008

    TPG Nusantara S.a.r.l., a subsidiary of US global private equity, TPG Capital, acquired a majority stake (71.6%) in BTPN through a public listing in the Indonesian Stock Exchange. BTPN became a publicly listed company and was a IDR 13.7 trillion bank in assets.

  • 2009

    BTPN launched its micro - small business Mitra Usaha Rakyat by rolling out  539 branches and growing the unit’s loans to IDR 2.3 trillion in one year. The bank issued its first Rupiah long term bond, which carried an A+ national scale rating from Fitch Ratings, and received a long-term Rupiah facility from International Finance Corporation, a subsidiary of The World Bank. 

  • 2010

    BTPN increased its assets to IDR 34.5 trillion, compared to IDR 13.7 trillion two years ago. The Bank’s asset growth was funded in part by two long-term bonds issues totaling IDR 2.4 trillion and and a IDR 1.3 trillion right issue, increased its Capital Adequacy Ratio to 23.4%.The Bank ranked 10th among Indonesian banks according to market capitalization, ranked 5th in branch network and ranked 6th in the number of employees.

  • 2011

    BTPN launched its Daya program as an integral part of its business  as a sustainable and measurable mass market enablement program that empowers the mass market. BTPN successfully piloted its Sharia’s Community Banking Business (BTPN Syariah – Tunas Usaha Rakyat).  The Funding Business launched its Sinaya brand, which links up with the Bank’s Daya initiative. BTPN expanded its ATM network with ATM Prima network, in addition to its existing ATM Bersama network. This brings its ATM linked network to more than 57,331 ATMs troughout Indonesia.

  • 2012

    BTPN Syariah - Tunas Usaha Rakyat, grew significantly with 28,927 community centers in Banten, West and East Java by the end of the year, empowering over 444,000 customers in the grass-root community.

    BTPN completed the piloting of its new mobile phone banking called BTPN Wow! to be rolled out in 2013.

  • 2013

    The Bank’s Syariah - BTPN Tunas Usaha Rakyat financing more than doubled in size to about Rp1.4trillion and now accounts for about 3% of total loan. The sharia unit has 69,500 community groups (Sentra) across the country, empowering over 931,500 customers in village communities. BTPN acquired PT. Bank Sahabat Purba Danarta (Bank Sahabat) and will convert it into a sharia bank before spinning off its sharia unit into the newly acquired entity next year.

    Sumitomo Mitsui Banking Corporation (SMBC) from Japan became 24.3% ownership in BTPN through the purchase of shares owned by TPG Nusantara S.à r.l. (TPG) and other shareholders.

  • 2014

    Sumitomo Mitsui Banking Corporation (SMBC) of Japan has expanded its share ownership of BTPN to become the controlling shareholder with 40%. SMBC is Japan’s second largest bank in Japan by market value with some USD1.3 trillion in assets. This puts BTPN in a favorable position of not just having a strong shareholder, but also through them, having access to the regional and international financial markets whenever needed.


  • 2015

    BTPN formally launched BTPN Wow! a digital mobile platform, which allows customers with a simple mobile phone to open a savings account with a simplified verification process, and do banking transactions, such as saving, withdrawal, money transfers, bill payments and apply for micro loans or micro insurance products. The goal is to have customers to do all their banking transactions through their handphone. It would be like having a bank in their hands. This would allow BTPN to expand its financial services to remote unbanked communities through a network of agents, which is a branchless banking "Laku Pandai" framework introduced by The Financial Services Authority (OJK).