30 May 2008


As the banking sector is involved in a business of risk, Bank Indonesia as the regulator is forced to stipulate regulations on Risk Management as well as other stipulations to ensure the application of the banking prudential principles.


The aggressive expansion being pursued by BTPN unavoidably increases its risk exposure, so that the early warning system must be attached to all operational activities to ensure that the risk inherent in various functional activities will be minimized and controlled properly.


Such aggressive expansion must also safely guarded by the compliance with the regulatory requirements, the generally applicable code of conduct, and the principles of Good Corporate Governance.


The Principles of Good Corporate Governance consist of:


  1. Transparency - referring to the transparency in disclosing material and relevant information as well as the transparency in decision making process.
  2. Accountability - referring to the clarity of functions and responsibilities of the bank's elements to ensure effective management.
  3. Responsibility - referring to the compliance of the bank management with the applicable laws and regulations as well as the principles of sound bank management.
  4. Independency - referring to the bank management in a professional manner without any influence / pressure from any party.
  5. Fairness - referring to the fairness and equality in fulfilling the stakeholders' rights arising from the agreement and the applicable laws and regulations.



BTPN ensure the application of the above Principles of Good Corporate Governance, not merely to meet the requirements of the regulator (Bank Indonesia), but more emphasis is placed on the application of such principles for the continuity of its business that has existed in the banking arena for 50 years.


Regarding Bank Indonesia Regulation Number 8/4/PBI/2006 concerning the Application of Good Corporate Governance of Commercial Banks, BTPN prepares and submits the Report of Good Corporate Governance Implementation for the Fiscal Year of 2007 to the Shareholders, Bank Indonesia, Indonesian Consumer Protection Foundation (YLKI), and other designated parties as required by the aforesaid BI Regulation.

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.