Bank BTPN

30 April 2007

RP 233 BILLION PROFIT FOR DECEMBER 2006, RP 91.4 BILLION FOR MARCH 2007


Bandung (Admin). BTPN has existed in Indonesian banking industry for 49 years, running as a bank focusing on specific market i.e. the pension market. Today, the Bank is renowned as a medium sized bank, with a network of 380 offices in 16 provinces. Due to the change of its vision to become a chosen provider of financial services that cares about its customers, the Bank has made a series of measured to improve is mission.

 

The quality improvement and acceleration of services for customers made in 2006 have been fruitful to the Bank's performance, as shown by Ernst & Young's report that Earnings Before Tax for the Year 2006 was Rp 233.6 billion or an increase of 36% compared to 2005. In addition to higher operating profit, lending increased by 51% compared to the same period in 2005, and the Third Party Funds increased by 46% while assets increased by 42%. The data indicate that the Bank's performance of 2006 is well above the average growth generated by commercial banks in Indonesia that only grew by 13% according to Indonesian Banking Statistics - January 2007, while average TPF grew 14% and average assets grew by 15%.

 

The good performance of 2006 has been maintained until today, with Earnings Before Tax (Unaudited) reached Rp 91.4 Billion. Lending amounted to Rp 5.7 trillion, TPF was Rp 5.9 trillion and Assets totaled Rp 7.1 trillion. Along with the Bank's Business Plan - 2007, the enhancement of operating systems, human resources, IT and Risk Management are the basis for business expansion beyond the pension market in 2007. In 2007, the Bank will also pursue funding product diversification, expanding MSE loans, Sharia Business Unit, and conducting foreign exchange bank activities. FDT (Source: Beni Nurtantijo, Head of Administration & Finance)


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.