17 March 2008


Jakarta (Admin). In Jakarta, on Friday 14th March 2008, Texas Pacific Group (TPG) Nusantara S.a.r.l. has officially acquired 675,975,970 shares or 71.61% of the issued and paid up capital of BTPN.


TPG Nusantara and some sellers consisting of PT Recapital Advisors, PT Danatama Makmur, PT Bakrie Capital Indonesia, and Fuad Hasan Masyur have signed a Deed of Acquisition No. 70 on 14th March 2008, notarized by Sutjipto SH, a Notary in Jakarta.


Such transaction has resulted in the structure of BTPN's shareholders to consist of TPG Nusantara (71.61%), PT MKM (1%), and the public, i.e. the people who have bought BTPN's shares in the stock market (27.39%). FDT

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.