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BTPN aims to become Bank BUKU 4 by 2021

01 February 2019 16:12

JAKARTA. PT Bank BTPN Tbk (BTPN Bank) today officially operates as a new bank resulting from a merger between PT Bank Tabungan Pensiuanan Nasional Tbk (BTPN) and PT Bank Sumitomo Mitsui Indonesia (SMBCI) and aims to raise its class to Bank BUKU 4.

President Director of Bank BTPN, Ongki Wanadjati Dana said, "It is true that our long-term aspiration is to become Bank BUKU 4," he said at the press conference at the BTPN Tower, Jakarta, on Friday (1/2/2019).

According to him, to become a Bank Buku 4, the core capital that must be owned by the company is at least Rp 30 trillion.

"After combined, our total capital is Rp. 25 trillion. As we know, (to become) Bank Buku 4, (the capital should be) Rp. 30 trillion," he explained.

Ongki said that based on calculations, Bank BTPN is expected to be able to go up to BUKU 4 in 2021.

"So we hope and estimate that if we grow organically from retained earnings, it is likely that in 2021, we can reach the capital level of BUKU 4," he said. (AM/AR)

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