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 – Daya & Corporate Communications Head
Telp: 021-30026200
Email: andrie.darusman@btpn.com or corporate.communications@btpn.com

 

Bank BTPN in brief

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). Bank BTPN is focusing to serve the mass market segment comprising of retirees, micro-, small- and medium-enterprises (MSME) and mass market; the consuming class segment; and corporate segment. The business focuses are supported by Bank BTPN business units including BTPN Sinaya– a financing business unit, BTPN Purna Bakti– a business unit focusing to serve retirees, BTPN Mitra Usaha Rakyat– a business unit focusing on micro businesses, BTPN Mitra Bisnis– a business unit focusing on serving small and medium enterprises, BTPN Wow!– a financial inclusiveness focusing on the unbanked segment, Jenius– a digital banking platform serving the consuming class segment, and corporate business unit which focuses on serving national, multinational and Japanese companies. BTPN also has a subsidiary namely theBTPN Syariahwhich focuses on serving customers from the mass market. Through the Daya Program, which is a sustainable and measurable empowerment program for the mass market, Bank BTPN regularly gives training and information to improve the customers’ capacity so they can grow and have a chance to live better.