Bank BTPN E-Banking & Banking Reinvented
Get the easy and convenient banking from your PC, laptop, tablet, or smartphone.
Jenius Banking Reinvented
26 August 2019
BTPN’s performance positively grows by focusing on consolidation
JAKARTA, Aug. 26, 2019 – By focusing on consolidation and integration, PT Bank BTPN Tbk has managed to keep the growth momentum by recording positive performance. Apart from earning higher profit, the intermediation has been maintained well by focusing on financing quality. The consumers segment has become wider as a positive impact on the merger with PT Bank Sumitomo Mitsui Indonesia (SMBCI) in February 2019.
The total lending reached Rp 143.4 trillion by the end of June 2019, grew by 112% (year-on-year/yoy) compared to the same period of last year of Rp 67.7 trillion. This achievement was made possible with the precautionary principle which was reflected on the non performing loan (NPL) ratui if 0.8% (gross). Meanwhile, the capital adequacy ratio (CAR) was at 23.3%, which was very strong to support the growth target.
Bank BTPN CEO, Ongki Wanadjati Dana, explained that the lending was a combined data from SMBCI and Bank BTPN since the effective merger on Feb. 1, 2019. However, based on a normal calculation, the lending actually grew by 10%. “This is in line with the average growth of the credit industry. With a challenging economic situation and the company’s situation which is in a consolidation phase, we feel grateful with the achievement,” Ongki said.
The first semester credit growth in 2019 was mainly due to corporate financing, small and medium enterprises (SME), consumers financing and productive poor financing through subsidiary company BTPN Syariah. “Apart from our focus in serving the existing businesses, we also keep expanding the corporate segment. We participate in, among others, syndication financing, infrastructure and energy project financing, trade finance and collaborating for automotive financing with multifinance. This is our commitment in moving the real sector and participate in pushing the national economic growth,” he said.
Ongki said the financing to corporate segment and supporting industries still had a promising growth. This optimism would be in line with the government’s agenda in boosting infrastructure, welfare distribution and creating new economic growth centers as well as the commitment to increase local industry capacity. “Asia today is one of the global economy growth centers and Indonesia has a strategic position in the continent. This is an opportunity, including for banking sector. As part of the global SMBC network and with the support of our stakeholders, we have the capacity in optimizing the opportunity,” he said.
Besides exploring new business opportunity, Bank BTPN has consistently creating innovative digital-based products and services through Jenius and digitalization in existing businesses. Digitalization has made Bank BTPN more integrated and focused to fulfilling the customers’ needs faster, easier and saver. By the end of June 2019, the total number of Jenius users reached 1.6 million customers, grew by 130% from June 2018 of 704,000 customers. “One of the key to success of Jenius is its ability to consistently create new unique features but relevant to the users. It is not only about product uniqueness but also on how to serve it. We believe, the digital platform will play a crucial role in the development of retail and commercial business of BTPN in the future,” he said.
Amidst the challenging macroeconomy situation and the internal condition of the company which is still integrating and consolidating, Bank BTPN has recorded asset increase by 87% from Rp 99.9 trillion in June 2018 to Rp 187.05 trillion in June 2019. The net profit for the period that can be attributed to shareholders reached Rp 1.2 trillions, a 13% increase from the last year of Rp 1.09 trillions.
For further information please contact:
PT Bank BTPN Tbk
Andrie Darusman – Communications & Daya Head
Email: [email protected] or [email protected]
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, pre-prosperous 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 micro businesses, BTPN SME—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 customers from the mass market. 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.