30 October 2007


Bandung (Admin). At the time when the share prices of other sectors are plummeting as the impact of the world oil price hike that hit USD90 per barrel, share prices of the banking sector remain intact.

Some banking issuers have even made a significant increase. According to the President Director of Momentum Synergy Asset Management Rizka Baely, this good condition is the result of investors' good perception towards interest rate stability.

Additionally, many investors feel safe that Indonesian banks are not affected by the subprime mortgage crisis in the United States. This has produced a positive sentiment, he continued.

M. Altatif, an analyst of PT BNI Securities, added that the increase of banking share prices was due to the positive sentiment on the Fed's plan to lower interest rates. The market participants predict that this will lead to lower inflation rate as interest rates decrease.

Indonesian banks that are listed in the stock exchange such as BRI, BCA, Bank Mandiri, Bank Danamon, Bank Niaga and BNI are in good positions. When JSX closed on Friday, 26th October, BCA was closed Rp 100 higher from Rp 7,000 to Rp 7,100; BRI went up by Rp 250 from Rp 7,350 to Rp 7,600; and Bank Mandiri rose from Rp 3,850 to Rp 3,875 .

What about BTPN? Let's wait and see. (FDT, source: Koran Tempo - Monday, 29th October 2007).

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.