28 October 2008


Jakarta - PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) recorded net income of Rp 323.2 billion for Q3 2008 or an increase of 32.1% as compared to the same period in 2007.


"We are pleased with such significant increase in profit, which was the result of the hard work of all our employees," claimed Jerry Ng, President Director of BTPN in the press release broadcasted on Monday (27/10/2008).


As of 30th September 2008, operating profit totaled Rp 504.3 billion or grew by 35% over the same period in the previous year.


The significant increase of operating income was mainly contributed by the increase of net interest income that went up by 36.8%.


In the period between September 2007 and September 2008, the Bank generated lending growth of 34% with total loans amounting to Rp 10.116 trillion, disbursed to the pension market.


The growth in lending was also complemented by lower NPL ratios, as gross NPL stood at 0.77% and net NPL at 0%, compared to gross NPL of 1.9% and net NPL of 0.32% as of 30th September 2007.


"As the significant increase in lending was always safely guarded by the application of prudential banking practices, both assets and credit were maintained at good quality," disclosed Jerry Ng. (FDT: source)

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.