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BTN targets to obtain Rp 3 trillion in net profit

22 January 2020 09:04

JAKARTA. PT Bank Tabungan Negara Tbk (BBTN) targets to record credit growth of 9% -10% in 2020.

This figure is based on BBTN's Home Ownership Loan (KPR) disbursement target of 220,000 to 230,000 units.

Director of Finance, Treasury & Strategy of BBTN, Nixon L. Napitupulu, stated that the amount consists of Housing Financing Liquidity Facility (FLPP) (110,000 units), Savings-Based Housing Financing Assistance (BP2BT) (40,000-45,000 units), Public Housing Savings (Tapera) (40,000 units), and KPR for non-subsidized houses (30,000-40,000 units). 

With this target, Nixon is optimistic that Bank BTN's net profit target of Rp 3 trillion this year will be achieved. (AM/AR)

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