BTN Records Credit Disbursement Of IDR 355.27 Trillion In August 2024, According To Commitment

JAKARTA - BTN has succeeded in carrying out its commitments in terms of lending. As of August 2024, BTN recorded credit and financing disbursement performance of IDR 355.27 trillion. This position rose 13.05 percent on an annual basis.

The Sharia Business Unit supports credit and financing growth performance in BTN's monthly financial statements as of August 2024. Quoted from the company's official website on Monday, September 23, BTN Syariah's financing successfully shot up at the level of 20.67 percent yoy, up from IDR 31.1 trillion in August 2023, to IDR 42.36 trillion in the same month this year.

The collection of Third Party Funds or DPK also supports the distribution of BTN loans and financing. It was recorded that the DPK of the issuer codenamed BBTN shares rose 16.49 percent yoy to Rp373.88 trillion as of August 2024.

"This achievement shows BTN's commitment to optimizing the intermediation function amid the challenges of high global funding and uncertainty," said BTN President Director Nixon Lp Napitupulu as released by VOI editors, Monday, September 23, 2024.

With the credit and DPK performance record, BBTN recorded total assets of IDR 456.37 trillion as of August 2024. This position was observed to have increased by 11.88 percent yoy from IDR 407.91 in August 2023.