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:

Business Summary

BTN has its business activities focused in three sectors:

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

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.

Operational Highlights Bank Tabungan Negara:

   2013
 2014  2015  2016  2017
Number of Employees  8,011  8,582  9,042  9,380 10,245
Number of Branches
   65    65    65    65    75
Number of ATMs  1,501  1,830  1,830  1,830  1,964

Source: Bank Tabungan Negara, Annual Report 2017

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:

     2013    2014    2015    2016    2017
Net Revenues   5,653   5,465   6,811   8,164   9,341
Net Profit   1,562   1,146   1,851   2,619   3,027
Operating Income   2,136   1,577   2,534   3,352   3,892
Total Assets 131,170 144,582 171,808 214,168 261,365
Total Liabilities 119,613 132,329 157,947 182,829 223,937
Net Profit per
Share¹
    148     108     175     247     286
Third Party
Funds
 96,208 106,471 127,709 147,788 177,091
Non Performing
Loan Ratio²
  4.05%   4.01%   3.42%   2.84%   2.66%
Capital Adequacy
Ratio (CAR)
 15.62%  14.64%  16.97%  20.34%  18.87%
Net Interest
Margin (NIM)
  5.44%   4.47%   4.87%   4.98%   4.76%
Cash Dividend
per Share¹
   44,36    21,11    34,96    49,46

 

     2008    2009    2010    2011    2012
Net Revenues   1,960   2,302   3,355    3,786   4,727
Net Profit     430     490     916   1,119   1,364
Operating Income     669     739   1,264   1,526   1,871
Total Assets  44,992  58,448  68,386  89,121 111,749
Total Liabilities  41,914  53,055  61,938  81,800 101,470
Net Profit per
Share¹
     68      76     105     123     148
Third Party
Funds
   40,215  47,546  61,970  80,668
Non Performing
Loan Ratio²
  3.20%   3.36%   3.26%   2.75%   4.09%
Capital Adequacy
Ratio (CAR)
 16.14%  21.54%  16.74%  15.03%  17.69%
Net Interest
Margin (NIM)
    4.60%   5.99%   5.76%   5.83%
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 2017

Future Projection of Bank Tabungan Negara's Financial Highlights:

    2017  2018F  2019F  2020F
Net Interest Income
Operational Income
Net Profit
P/E Ratio (x)
P/BV (x)

in billion IDR rupiah, except otherwise indicated
Source:

Location

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