16 July 2014


JAKARTA, 15 July 2014  -  Consistent in encouraging financial access for the lower-income segments of society as well as for micro & small enterprises, including productive poor communities (mass market), PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) continues to develop a business which focuses on serving and empowering these segments of society.

One of the strategic measures undertaken recently has been to develop the sharia business unit (unit usaha syariah or UUS) of BTPN into a sharia commercial bank (bank umum syariah or BUS). As part of this development, BTPN has taken a series of corporate actions, including the acquisition of PT Bank Sahabat Purba Danarta and its conversion into a syariah bank, which was followed by the separation, or spin off, of the BTPN sharia business unit into a sharia commercial bank.

After receiving permission from the regulators for the conversion of Bank Sahabat and spin off of the sharia business unit, on Monday (14/7), BTPN Syariah is now officially up and running. Shareholders have appointed Harry AS Sukadis as President Director of BTPN Syariah. Meanwhile, the position of President Commissioner will be filled by Kemal Azis Stamboel.

“Today represents one of the most important milestones on our journey to promote the syariah banking industry. In line with its financial inclusion initiatives, BTPN is developing BTPN Syariah, which for now is focused on serving the budding segment of community businesses, with the objective of empowering millions of poor and mid-level families to achieve better lives by emphasizing the following four key behavioral characteristics: Courage to do business, Discipline, Hard Work and Mutual Assistance,” said Anika Faisal, a Director of BTPN.

The sharia business unit (UUS) of BTPN was initiated in 2008 and developed further to focus on serving productive poor communities in 2010. With this change in business focus, the sharia business unit of BTPN grew rapidly. As of 31 March 2014, it had assets of Rp 2,2 trillion, a rise of 122,5% from Rp 986 billion in the first quarter of 2013 (year on year/yoy). The value of its financing reached Rp 1,62 trillion, an increase of 160% from the same position in the previous year when this figure stood at Rp 621 billion. The number of its customers from productive poor communities reached 1,041,357, representing growth of 95,5% from the previous figure of 532,725 customers. 

At present BTPN Syariah has more than 8,250 employees, while service is provided to customers at 13 branch offices, 44 Syariah Bank Service points (office channeling), and with the support of 1,224 Syariah Mobile Marketing teams.

Harry AS Sukadis, President Director of BTPN Syariah, explains that Syariah constitutes a universal business platform. Just as with a conventional bank, management of this syariah platform is carried out on a professional basis. Syariah banking uses a particular methodology that promises a balance in its economic system, to which everybody is entitled regardless of their religious background.

BTPN owns 70% of the shares of BTPN Syariah. The other shareholders, meanwhile, are PT Triputra Persada Rahmat with 28,59% and Yayasan Purba Danarta with 1,41%.

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.