Bank Tabungan Negara

PT Bank Tabungan Negara Tbk (BTN) is an Indonesian bank that is market leader in the country's mortgage loans sector and is positioned inside the top ten of Indonesian banks in terms of assets and credit loans.

BTN has its business activities focused in three sectors:

Mortgage loans and consumer banking
Housing and commercial banking
Syariah-banking (Islamic banking)

Profile

Industry Sector Finance
Industry Sub Sector Banking
Established 1897
Listed 17 December 2009
Listed company code BBTN
Listed Shares 10,356,968,213
Dividend Yes
Major Shareholders (>5%) Government of Indonesia (61.35%)
GIC S/A Government Of Singapore (6.50%)
Key Subsidiaries – 


Stock Quote Bank Tabungan Negara - BBTN:

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Business Summary

Bank Tabungan Negara was established under the name of Postspaarbank in 1897 during Indonesia's colonial days. In 1950, the company changed its name to Bank Tabungan Pos, and to Bank Tabungan Negara in 1963.

      2008     2009     2010     2011     2012     2013
Number of Employees    3,850    4,085    4,231    5,135    6,048    6,869
Number of Branches
     258      286      416      640      756      820

Source: Bank Tabungan Negara, Annual Report 2013

The company provides a variety of products and services in the fields of housing, primarily through loans (mortgages), both subsidized mortgages for the middle class to lower segments of Indonesia's society and non-subsidized mortgages for the middle class to upper class segments.


Bank Tabungan Negara's Financial Highlights:

     2008    2009    2010    2011    2012    2013
Net Revenues   1,960   2,302   3,355    3,786   4,727   5,653
Net Profit     430     490     916   1,119   1,364   1,562
Operating Income     669     739   1,264   1,526   1,871   2,136
Total Assets  44,992  58,448  68,386  89,121 111,749 131,170
Total Liabilities  41,914  53,055  61,938  81,800 101,470 119,613
Net Profit per Share¹      68      76     105     123     148     149
Third Party Funds    40,215  47,546  61,970  80,668  96,208
Non Performing Loan Ratio²   3.20%   3.36%   3.26%   2.75%   4.09%   4.05%
Capital Adequacy Ratio (CAR)  16.14%  21.54%  16.74%  15.03%  17.69%  15.62%
Net Interest Margin (NIM)     4.60%   5.99%   5.76%   5.83%   5.44%
Cash Dividend per Share¹        31,19    25,31    39,00  

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
² gross
Source: Bank Tabungan Negara, Annual Report 2013


Future Projection Bank Tabungan Negara's Financial Highlights:

      2011     2012     2013    2014F    2015F
Net Revenues    3,786    4,727    5,653    6,179    7,284
Net Profit    1,119    1,364    1,562    1,540    1,736
P/E Ratio (x)      8.8      8.5           7.6      6.8

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Bank Tabungan Negara, Annual Report 2013 and Investor Daily

Contact Details

Menara BTN
Jalan Gajah Mada No. 1
Jakarta 10130
Phone: +62 21 633 6789
Fax: +62 21 633 6719
Email: rakhmat.nugroho@btn.co.id
www.btn.co.id

Location