07 June 2018

BTPN EGMS Approves the Increase of the Company’s Authorized Capital

Jakarta, 7 June 2018 – The extraordinary general meeting of shareholders (EGMS) of PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) has agreed on the change of the articles of association on the increase of authorized share capital. The shareholders have agreed to raise the authorized share capital to Rp 300 billion from Rp 150 billion. The price of each share remains the same, which is Rp 20 per share.


With the change of the authorized capital, the number of shares issued has doubled into 15 billion shares from previously 7.5 billion shares. Meanwhile, the percentage of the number of shares in the portfolio also increases to 61% from previously 22%. “This is our anticipation in facing company challenges in the future. We see this company will continue to grow and develop so we need to raise the authorized capital,” said Anika Faisal, BTPN director.


The increase of the authorized capital will only affect the increasing number of shares in portfolio while the composition of shareholders and the share ownership remain the same. Sumitomo Mitsui Banking Corporation (SMBC) still owns 40% of shares, Summit Global Capital Management BV owns 20%, and public shareholders while public shareholder dominate 40% of shares.


Since 31 March 2018, the assets of the company have increased by 3% (yoy) from Rp 92.9 trillion to Rp 95.8 trillion. The capital adequacy ratio (CAR) is maintainted at 24.8%. Lending slightly increased from Rp 65 trillion to Rp 65.3 trillion (yoy), with the non-performing loan (NPL). Meanwhile, total funding increased by 3% from Rp 74.3 trillion to Rp 76.3 trillion.


In the future, BTPN will continue its innovation and the transformation agenda to become the best mass market bank powered by digital technology. “Our structured and consistent innovation and digital transformation have been done so well and will be continued to by the end of 2018. We believed these two strategic initiatives will transform BTPN into the most prepared national bank to adapt and contribute in the economic digital era,” said Anika.

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.