JAKARTA. Several strategies exerted by PT Bank Tabungan Negara (Persero) Tbk (BBTN) to drive its performance generate a positive result. Its net profit grows 19.87% year-on-year (yoy) to IDR 920 billion from IDR 768 billion.
The strategies mentioned above include efficiency, digitalisation, outlet downsizing, and increasing fee-based income through non-credit transactions.
Haru Koesmahargyo, President Director of BTN, claims to continue establishing transformation and innovations in order for BTN to keep thriving amidst the pandemic. “We are always trying to improve our business to meet the pressing public housing needs during this pandemic,” Koesmahargyo added yesterday (28/7).
Throughout these first six months of 2021, BTN posts a 5.59% growth in credit financing, from IDR 251.83 trillion to IDR 265.9 trillion. Credit growth goes hand in hand with the improvement in its quality and its reserves to maintain its sustainability.
Out of the said amount, the subsidised House Ownership Credit (KPR) still contributes the most, increasing 11.7% yoy to IDR 126.29 trillion in Q2 2021. Meanwhile, the non-subsidised KPR only moves 0.90% yoy upward to IDR 80.59 trillion. Lastly, non-housing consumer credit is also reported to rise by 17.47% yoy to IDR 5.43 trillion. (AM/ZH)