29 March 2018

BTPN AGMS Approved Rp 574.5 Billion Dividend Distribution


Jakarta, 29 March 2018 – The annual general meeting of shareholders (AGMS) of PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) has decided to give an approval of the 31 December 2017 financial report and distribute the dividend of the 2017 year book of Rp 574.5 billion or Rp 100 per share.

 

The distributed dividend was from the 2017 BTPN profit of Rp 1.2 trillion. “We have decided the dividend distribution after considering the company’s foundation which is healthy, strong and able to support the sustainability of the company’s business in the future,” said BTPN Director of Finance Arief Harris Tandjung.

 

Per 31 December 2017, the BTPN’s total asset was increased by 5% (yoy) from Rp 91.4 trillion to Rp 95.5 trillion by the end of December 2017. The capital adequacy ratio (CAR) was steady at 24.6%, the non-performing loan (NPL) was very low at 0.9% while the loan to funding ratio (LFR) was at 85%. These financial indicators showed the very good company fundamental condition.

 

In the future, BTPN will keep doing innovations and continue its transformation agenda to become the best mass market bank supported by digital technology. “The Innovation and Digital Transformation that we have done in a structured way and consistently since 2016 have been going on well and will continue until the end of 2018. We believe both strategic initiatives will transform BTPN to become the most prepared national bank to adapt and contribute in the digital economy era,” said Arief.

 

The AGMS has also approved the resignation of Director of Risk Management Wolf Arno Kluge. Kluge held his position based on the 26 March 2015 AGMS. “On behalf of the management, we thank Mr. Wolf for his contribution and dedication in this company,” said Arief.


For further information please contact:

 

PT Bank BTPN Tbk
Andrie Darusman – Communications & Daya Head
Email: [email protected] or [email protected]

 

Bank BTPN in brief

PT Bank BTPN Tbk (Bank BTPN) is a foreign exchange bank and is a merger between PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) and PT Bank Sumitomo Mitsui Indonesia (SMBCI) in February 2019. Bank BTPN serves various segments in the banking industry, from retail to corporate customers, including retirees, micro-, small- and medium-sized enterprises (MSME) and productive underprivileged communities; the consuming class segment; and the corporate segment. Bank BTPN provides the services through business units, such as BTPN Sinaya—a business unit for wealth management, BTPN Purna Bakti—a business serving retirees, BTPN Micro Business—a business unit serving microbusinesses, BTPN Business Banking—a business serving small- and medium-sized enterprises, Jenius—a digital banking platform serving the consuming class segment, and the corporate business unit, which serves national, multinational, and Japanese companies. Bank BTPN also has a subsidiary, namely PT Bank BTPN Syariah Tbk, which focuses on serving productive underprivileged customers. Bank BTPN also regularly provides training sessions and information for customers through the Daya Program—a sustainable and measurable empowerment program—to improve customers’ capacity so they can grow and have a chance to live better.