BTN's Boss Kick Press Credit Ratio With A Problem Of Up To 2.9 Percent In 2023
JAKARTA - PT Bank Tabungan Negara (Persero) Tbk (BBTN) targets to reduce the ratio of non-performing loans (NPL) by 2.9 percent in 2023.
BTN President Director Haru Koesmahargyo said to suppress NPL, his party would make improvements in business processes from the previous year.
"The risk operation business is functioning optimally, of course the results will be felt the following year where credit quality improves," he said at a press conference on Bank BTN Performance Exposure quoted on Friday, February 17.
Haru explained, related to existing non-performing loans, BTN will make efforts to resolve it by re-restructuring credit.
Meanwhile, for troubled loans that have not improved, his party will sell assets, both retail and commercial.
"Regarding existing loans that have been restructured with these efforts, part of NPL can return to normal and performing and not improve and we will complete sales of assets and commercial sales assets for problematic assets to third parties," Haru explained.
It is known that the NPL Gross Bank BTN was recorded at 3.38 percent in 2022. Meanwhile, the BTN Bank's coverage ratio continued to increase by 1,383 bps yoy to 155.65 percent and the BTN Bank's capital adequacy ratio (CAR) reached 16.13 percent, an increase of 233 bps as of December 31, 2022.
"We can try 2.9 percent. Anyway, 3 is the maximum," concluded Haru.
Just so you know, the company's financial statements recorded credit and financing grew by 8.53 percent yoy from Rp274.83 trillion to Rp298.28 trillion as of December 31, 2022.
Home ownership loans (KPR) are still the largest motorcycle for BTN Bank business movements. In total, mortgages in Bank BTN grew 9.23 percent yoy to Rp233.68 trillion as of December 31, 2022. In this segment, Subsidized mortgages grew 11.61 percent yoy to Rp145.86 trillion at the end of 2022. With this performance, Bank BTN was recorded to still lead the Subsidized mortgage market with a share of 83 percent.