Bank BTPN E-Banking & Banking Reinvented
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Jenius Banking Reinvented
20 April 2016
BTPN Posts Loan Growth of 11% Quality Maintained with NPL ratio of 0.7%
Jakarta, 20 April 2016 – Focused and consistent in serving lower-income communities, as well as micro, small & medium enterprise (MSME) entrepreneurs, including productive poor communities (mass market), PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) continues to reinforce its role in empowering communities from these segments.
This is evidenced by recent moderate growth in lending. As of 31 March 2016, BTPN had disbursed loans to the value of Rp 59.3 trillion, up 11% from the figure in the same period last year of Rp 53.4 trillion (year on year/yoy).
“Recording credit growth of 11% in the early part of this year represents an achievement for which we should be grateful, bearing in mind that the year’s first quarter did not see aggressive growth in lending in general. Reflecting on this data, we expect lending to gather greater pace in this year’s subsequent quarters,” said Jerry Ng, President Director of BTPN
Credit growth was driven by an increase in lending to the MSME segment as well as productive poor communities. MSME loans rose sharply by 15% to Rp 15.8 trillion, while financing for productive poor communities, which was distributed through BTPN Syariah, soared by 47% to Rp 3.9 trillion.
The increase in lending remained balanced by the application of prudent banking principles as reflected by a non-performing loan (NPL) ratio of 0.7%. “Loan growth of 11% with non-performing loans maintained at 0.7% demonstrates that that we are still committed to expanding while still paying great consideration to our precautionary principles,” Jerry added.
To boost its services for lower-income communities, BTPN also continued to come up with a number of intriguing innovations. One of its more recent innovations was the launch of BTPN Wow! on 30 March 2015. BTPN Wow! is a BTPN brand formed as part of the branchless banking program (Layanan Keuangan Tanpa Kantor dalam Rangka Keuangan Inklusif, or Laku Pandai) initiated by the Financial Services Authority (OJK).
BTPN Wow! is an extremely practical and affordable banking service which utilizes mobile phone technology and is supported by a network of agents that act as an extension of BTPN in reaching people in all corners of the vast archipelago of Indonesia. As of March 2016, BTPN Wow! had around 30 thousand agents and more than 410,000 customers.
Furthermore BTPN Wow! and Telkomsel, the largest cellular operator in Indonesia, are currently working together to develop an integrated financial service that links the mobile money service TCASH with a BTPN Wow! savings account. This remarkable collaboration is a first for Indonesia.
In the future, BTPN will keep devising new innovations and seeking new breakthroughs that make it easier for the public to use banking services and products. This bank’s dedication is apparent by looking at the period from January - March 2016, during which BTPN invested around Rp 80 billion in infrastructure, network and technology developments. This figure represents an astonishing increase of more than 400% over the same period last year.
Meanwhile, when it comes to serving lower-income segments of society, BTPN is confident that direct engagement is the key to growth. Through the Daya Program, a training and guidance program offered on a sustainable and measured basis, BTPN continually strives to enhance the capacities of all its customers. By the end of March 2016, BTPN had organized 44,989 Daya activities, while the number of participating customers in the Daya Program reached 381,258.
Moreover, in order to optimize its intermediary role, BTPN also sought to balance its liquidity adequacy and loan growth rate. As of 31 March 2016, Third Party Funds (DPK) stood at Rp 61.7 trillion, up 14% from Rp 54.4 trillion in the same period last year. Meanwhile, the bank’s loan to deposit (LDR) ratio was 96%. If funding from bonds and bilateral loans is taken into account (loan to funding ratio/LFR), BTPN’s liquidity ratio stood at a sound 88%.
Moderate growth on the credit front in the first quarter encouraged a 9% increase (yoy) in BTPN’s assets, from Rp 76.6 trillion to Rp 83.6 trillion. As to the bank’s capital adequacy ratio (CAR), this stood at 24.9%.
On the back of these various achievements, as of the end of March 2016, BTPN posted a net profit after tax (NPAT) of Rp 429 billion, 11% lower than the figure in the same period last year of Rp 481 billion. However, Jerry concluded by saying, “If we disregard all new investments, our profits actually climbed. With this in mind, we are optimistic that BTPN will continue to improve its performance going into the future.”
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.