This is BTN's Preparation for the Form of Insurance and Financing Business Partners

BTN (Antara)

JAKARTA - PT Bank Tabungan Negara (Persero) Tbk is preparing a number of corporate actions in 2026 to strengthen capital and encourage business expansion, including the issuance of wholesale funding and the establishment of subsidiaries.

BTN President Director Nixon L.P. Napitupulu said the company would issue wholesale funding worth Rp4 trillion which would be carried out gradually from the first semester to the second semester of 2026.

In addition, BTN also plans to strengthen its capital by Rp2 trillion which is targeted to be realized in the second semester of 2026. The capital strengthening is expected to involve the Nusantara Anagata Daya Investment Management Agency (Danantara).

"The corporate action that we will do in 2026, namely the issuance of another Rp2 trillion capital, we hope that Danantara will also buy it. Then there are bonds of Rp4 trillion or wholesale funding," said Nixon in a working meeting with Commission VI of the DPR RI at the DPR Building, Jakarta, Monday, January 26.

Not only focusing on capital strengthening, BTN is also preparing expansion steps through the establishment of subsidiaries. The company plans to form a general insurance subsidiary with a capital requirement of around IDR 250 billion.

The establishment of the BTN insurance subsidiary is targeted to be realized in the second semester of 2026.

In addition, BTN is also planning to establish a subsidiary in the field of financing companies with an investment value of around Rp3 trillion to Rp5 trillion. The plan to establish the financing company is scheduled to begin in the second semester of 2026.

"Then we propose that there be an addition of capital in insurance companies and the establishment of subsidiaries of financing companies, sharia and so on," said Nixon.