Improving The Significance of Every Indonesian

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).


Bank BTPN is focusing to serve the mass market segment comprising of retirees, micro-, small- and medium-enterprises (MSME) and mass market; the consuming class segment; and corporate segment. The business focuses are supported by Bank BTPN business units including BTPN Sinaya – a financing business unit, BTPN Purna Bakti – a business unit focusing to serve retirees, BTPN Micro Business – a business unit focusing on micro businesses, BTPN Mitra Bisnis – a business unit focusing on serving small and medium enterprises, Jenius – a digital banking platform serving the consuming class segment, and corporate business unit which focuses on serving national, multinational and Japanese companies. Bank BTPN also has a subsidiary namely the BTPN Syariah which focuses on serving customers from the mass market. Through the Daya Program, which is a sustainable and measurable empowerment program for the mass market, Bank BTPN regularly gives training and information to improve the customers’ capacity so they can grow and have a chance to live better.


Like the two inseparable sides of a coin, the empowerment program is an integrated element in our business model. Through our all products and activities, Bank BTPN always tries to create opportunities for our customers to develop and live a more meaningful life.

Our Path

1958 1958

The Bank was established in bandung, West java, under the name of Bank Pegawai Pensiunan Militer (Bapemil), serving military veterans. 

1960 1960

License as commercial bank obtained.

1986 1986

Changed its name into Bank Tabungan Pensiunan Nasional (BTPN).

2008 2008

TPG Nusantara S.a.r.l., a subsidiary of US global private equity, TPG Capital, acquired BTPN majority share (71.6%) through a public listing in the Indonesian Stock Exchange. BTPN became a publicly listed company and was an IDR 13.7 trillion bank in assets.

2009 2009

BTPN launched BTPN Mitra Usaha Rakyat to serve micro entrepreneurs in 539 branches. BTPN Mitra Usaha Rakyat recorded IDR 2.3 trillion credit improvement. BTPN released its first long-term obligation in Indonesian Rupiah, rated as A+ (National Scale Rating) by Fitch Ratings. Earned a long-term loan facility in Indonesian Rupiah from International Finance Corporation, a subsidiary of World Bank.

2010 2010

BTPN ranked as the 10th biggest bank in market capitalization, 5th bank with most office branches, and 6th bank with most employees. BTPN managed to launch two long-term obligations with a total of IDR 2.4 trillion and solved the rights issue of IDR 1.3 trillion in December.


BTPN launched Daya, a continuous mass market empowerment program as an integral part on BTPN business activity. In funding business, BTPN introduced BTPN Sinaya which is integrated with Daya initiative. In the same year, BTPN finished the trial period of Sharia Community Banking (BTPN Syariah – Tunas Usaha Rakyat). BTPN made new partnership with ATM Prima to expand its ATM services. Now, BTPN has more than 57.331 ATMs connected to ATM Prima and ATM Bersama network all over Indonesia.


BTPN’s Sharia Community Banking (BTPN Syariah – Tunas Usaha Rakyat) grew significantly. By the end of the year, BTPN Syariah – Tunas Usaha Rakyat served 28.927 community centers in Banten, West Java, and East Java and empowered 444.000 customers in those community centers.

BTPN finished the trial period of a new mobile banking service, BTPN Wow! This program was launched in 2013.


BTPN Syariah – Tunas Usaha Rakyat made a breakthrough improvement; funding more than IDR 1.4 trillion and contributed 3% of Banks’s total credit. The Sharia Unit Network involved 69.500 Centers all over Indonesia, empowering 931.500 rural customers. BTPN took over Bank Sahabat to be conversed as sharia bank before BTPN separate its sharia unit to a new entity in 2014.

Sumitomo Mitsui Banking Corporation (SMBC) from Japan own 24.3% of BTPN’s shares from TPG Nusantara S.à r.l and other shareholders through share purchase transaction.

2014 2014

Sumitomo Mitsui Banking Corporation (SMBC) from Japan increased their number of shares and became main shareholder with 40% shares. SMBC is the second biggest bank in Japan based on their market value with USD1.3 trillion of asset. This takeover put BTPN in a firm position. Not only having a strong shareholder, BTPN, through SMBC, now has the funding access to regional and international money markets, if needed.


BTPN officially launched BTPN Wow!, a mobile digital platform. With a simple mobile phone, the customers are now able to open a bank account with simplified verification process. They can also enjoy various banking transactions such as deposit, withdrawal, transfer, bill payment, apply micro credit, and buy micro assurance product. This innovation aims to support the customers to do banking transactions via mobile phone, as if the bank is in their hands. Through the Agents (branchless banking), BTPN can now extend their financial services reach to serve remote citizens.

BTPN Wow! is the implementation of the Laku Pandai innovation, initiated by OJK.


BTPN launched Jenius, a mobile application designed and developed to serve the customers in managing their life finance in an easier, smarter, and safer way via their Android and iOS-based smartphone. Recent research shows that digital savvy community needs an easier, smarter, and safer banking services via their smartphone. BTPN, with its vision of making a difference in the lives of millions of Indonesian citizens, fulfills that need with Jenius.


PT Bank BTPN Tbk (Bank BTPN) officially commences its operation as a new bank as a result from the merger between PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) and PT Bank Sumitomo Mitsui Indonesia (SMBCI). Bank BTPN will become a universal bank that serves a full spectrum of Indonesia’s customer segments, from the mass market (retail) to corporate.

Mission, Vision, & Values

In the course of increasing the significance potential of every Indonesian, we believe that BTPN will grow into the best mass market bank in Indonesia.



Working at BTPN is more than a job. It is a mindset for a fulfilling career. We see ourselves as a force for good, impacting both our customers and indeed the people who work for us and with us.



We believe that being a part of BTPN is more than just working. Being a part of BTPN means you have the opportunity to give real contributions to change the life of millions of Indonesians.