JAKARTA - PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) distributed Rp 68.13 trillion of credit in 2018, slightly higher than the number from 2017 at Rp 65.35 trillion. The gross and net NPL was recorded at 1.2% and 0.5% respectively.
As cited from the company's financial report in 2018, the largest amount of credit was distributed to the Pension (Rp 38.45 trillion), followed by the Small & Medium Enterprise (SME) (Rp 12.89 trillion), sharia financing (Rp 7.27 trillion), consumer financing (Rp 5.63 trillion), micro-financing (Rp 3.04 trillion), and others (Rp 823 billion). In 2017, the amount of credit distributed to the Pension was Rp 39.41 trillion, followed by SME (Rp 11.57 trillion), sharia financing (Rp 605 trillion), micro-financing (Rp 4.45 trillion), consumer financing (Rp 2.15 trillion), and others (Rp 690.86 billion).
BTPN's net interest income was recorded at Rp 14.12 trillion, not significantly different from 2017 number of Rp 14.06 trillion. The company's net interest margin was recorded at Rp 9.6 trillion in 2018, up by 1% from Rp 9.5 trillion gained in 2017. The net profit for the year was recorded at Rp 2.25 trillion, rose by 58.8% from its 2017 number (1.42 trillion). (LK/AR)