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.