BTPN - PT. Bank BTPN Tbk

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JAKARTA – PT Bank BPTN Tbk (BTPN) collected third-party funds of IDR 106.73 trillion in Q1 2022, increasing 8% from the same period in 2021 of IDR 98.93 trillion. The funds came in from current and saving accounts (CASA).

Kaoru Furuya, the Acting President Director of BTPN, confirmed that the CASA grew 21% to IDR 37.02 trillion from the same period in 2021. The deposits also climbed 2% to IDR 69.71 trillion. “The CASA ratio also increased to 34.7% from the initial 30.9%,” Furuya further mentioned in the press release quoted Thursday (5/5).

Moreover, BTPN also managed to distribute credits of IDR 142.37 trillion, 7.3% higher than IDR 132.68 trillion in 2021. This gain was attained during the heightened public’s optimism towards the national economy. “We hope that the national economic recovery could be hastened as we shift into the COVID-19 endemic status,” Furuya added.

Furthermore, the net interest income clocked up to IDR 2.85 trillion, moving 2% higher from IDR 2.78 trillion. This accomplishment is possible following the increased credit distribution, the decreased interest expenses from IDR 991 billion to IDR 818 billion, the magnified CASA, and the declined time-deposit interest rate. (LK/ZH)