Terima Penempatan Dana SAL, BTN Genjot Penyaluran Kredit

JAKARTA - PT Bank Tabungan Negara (Persero) Tbk. (BTN) officially received additional placement of the Budget Surplus Balance (SAL) funds from the Government. With this injection of fresh funds, the total SAL funds managed by BTN has now increased significantly.

BTN President Director, Nixon LP Napitupulu, said the placement of this SAL fund was a strategic ammunition for the company to strengthen its liquidity position, while accelerating the distribution of credit to drive the wheels of the economy. He also welcomed the Government's trust.

Strong liquidity, continued Nixon, is the main engine for the company in carrying out its intermediation function more optimally to spur credit growth which has a direct impact on economic drivers.

"We would like to thank the Ministry of Finance for the trust given to BTN. The placement of this SAL fund is very important for us. This is not only strengthening the company's liquidity fundamentals, but also a stimulus for us to continue to drive the wheels of the economy through more aggressive but still measurable credit distribution," said Nixon in his statement. Tuesday, June 30.

Director of Treasury & International Banking of BTN, Venda Yuniarti, added, with the support of increasingly solid liquidity, BTN now has a wider space to optimize the function of banking intermediation. The company is committed to channeling these funds to sectors that have a wide impact (multiplier effect) on economic growth, especially the housing sector which is the main focus of BTN.

"Our task is to ensure that this liquidity is effectively channeled to the real sector. We are optimistic that, with the total SAL funds available, BTN can make a real contribution to maintaining economic stability and encouraging quality credit growth," said Venda.

Venda emphasized that the management of the fund would continue to follow the principle of prudence (prudential banking). This is done to maintain the efficiency of the company's operations so that it remains competitive in the midst of fluctuations in the money market, while ensuring that the funding is targeted to support economic growth targets.