Strengthen Funding Machines, BTN Immediately Presents Bale Corpora Services

Photo: Special

JAKARTA - As an effort to increase the composition of low-cost funds amid the high trend of funding costs, PT Bank Tabungan Negara (Persero) Tbk (BTN) will soon launch Bale Korpora by BTN services, an integrated platform for wholesale banking businesses that will provide convenience and convenience for customers in banking transactions for their business purposes.

Jasmin, Director of Distribution & Institutional Funding BTN, said the Bale Corpora by BTN service is part of the company's digital transformation to offer an integrated solution that can unite various BTN wholesale services, which were previously spread on different platforms or stand-alone platforms.

Customers will find it easier and more comfortable to manage finances because they only need to log in once or single sign-on through Bale Corpora to enjoy all BTN wholesale services without having to change platforms. Before the presence of Bale Korpora, customers have to move platforms so that transaction activities will take time and are inefficient for companies or individuals who have businesses," said Jasmin during a casual chat with the media in Jakarta, Wednesday, March 12.

Jasmin said Bale Corpora was the entrance to all BTN wholesale services, namely Cash Management, e-Guarantee, Financial Supply Chain Management, and others. By accessing Bale Corpora, individual institutional and business customers who have a demand can enjoy flexible website-based services for use, are safe, and accessible anywhere and anytime.

In using the Bale Corpora service, customers only need to have a giro and credentials in the form of Company ID, User ID, and passwords registered on one of the Bale Corpora services. All uses of Bale Corpora are free of charge, except for costs for certain transactions according to the provisions of each wholesale service," Jasmin explained.

According to Jasmin, Bale Corpora's initiative is part of BTN's efforts to strengthen funding machines, especially low-cost funds from institutions in various sectors. Until the end of 2024, low-cost funds in the form of savings and demand (CASA) contributed more than 54% of BTN's third-party funds. For this reason, BTN seeks to attract institutional customers by focusing Bale Korpora's excess on new, more relevant features and solutions designed by considering customer needs.

Currently, BTN Cash Management serves 17,000 customers, which is dominated by the property industry, namely developers and contractors. With Bale Corpora, BTN is targeting wider customer segmentation, for example the education, health sector, and manufacturing companies.

We continue to target institutions that have large amounts of transactions and require better cash management. We hope to boost funding from Bale Corpora to IDR 90 trillion or grow by more than 50 percent year-on-year. Meanwhile, the number of Bale Corpora users is expected to reach 21,000 by the end of this year with a higher number of users with more quality transactions," Jasmin said.

In the future, BTN will develop Bale Corpora services to meet other transaction needs, such as trade finance, online opening of giro accounts, dashboards for specific industries, and negotiations for foreign exchange buying and selling. Jasmin said these features were designed to help customers increase their operational efficiency due to higher financial visibility and convenience, supported by personal services that are proactive to customer needs.

"Bale Corpora is expected to be one of the drivers of growth for BTN income outside interest, namely fee-based income. With more interesting features at Bale Corpora, we hope that this year's fee-based income can increase in the range of 70 percent compared to 2024," said Jasmin.