BTPN reach IDR 8,8 trillion fund of Third Party

BTPN reach IDR 8,8 trillion fund of Third Party
Tuesday, April 08, 2008

PT Bank Tabungan Pensiunan Nasional (BTPN) Tbk for 2007 financial report booked IDR 8,8 trillion third party fund. this result is 71% over 2007 target with amount is IDR 5,1 trillion, Paulus Wiranata, BTPN President Director said (04/08).

BTPN credit also up to 58,8% from IDR 4,9 trillion in 2006 become IDR 7,8 trillion and pre-tax profit increase from IDR 234 billion to IDR 525 billion or equal with 124% up.

Total asset until December 2007 is IDR 10,5 trillion or up 66,23%, while return on asset (RoA) in december 2007 reach 6,14% with 89,18% LDR (Loan to Deposit Ratio).

Paulus said BTPN will focus on retiring person and micro, small and medium enterprise market.

BTPN since March 12, officially listed at Indonesia Stock Exchange (IDX) with stockholder composition are TPG Nusantara (71,61%), PT Multi Kencana Mulia (1%) and Public (27,39%).

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