BTN Credit And Financing Disbursement Reaches IDR 352.06 Trillion, Performance Of Positive Financial Reports

JAKARTA - The performance of PT Bank Tabungan Negara (Persero) Tbk or BTN's financial statements in the first semester of 2024 was positive. It was recorded that lending and financing reached around Rp352.06 trillion. This acquisition grew 14.4 percent on an annual basis compared to the same period last year, amounting to Rp307.66 trillion.

The distribution of housing loans and financing still dominates the company's total credit and financing, reaching Rp299.24 trillion as of the end of June 2024. Along with the tight liquidity in the banking industry, BTN has succeeded in increasing Third Party Funds or DPK to Rp365.4 trillion, an increase of 16.6 percent compared to the previous year.

Meanwhile, BTN's net profit grew to Rp1,502, an increase compared to the same period the previous year. Meanwhile, BTN's total assets rose by Rp455.60 trillion, up 13.7 percent from the same period last year.

In addition to conventional businesses, the performance of BTN Syariah is also brilliant. The net profit of the BTN Sharia Business Unit grew positively, reaching 31.7 percent to Rp370 billion compared to the same period last year of Rp281 billion. The total DPK BTN Syariah reached Rp46 trillion or grew 32 percent from the same period the previous year.

Assets of BTN Syariah also managed to grow 20 percent to Rp56 trillion compared to the same period last year.