Jenius Application Users Reach 2.4 Million

The Jenius application from BTPN. (Didi Kurniawan / VOI)

JAKARTA - PT Bank BTPN Tbk noted that until the end of December 2019, the number of registered users on the Jenius application reached more than 2.4 million users. Not only that, credit also grew 108 percent or IDR 141.8 trillion throughout 2019.

Bank BTPN President Director Ongki Wanadjati Dana said the 2.4 million Jenius users grew 97.8 percent from the previous year. So that BTPN will continue to develop Jenius as a platform to serve a wider customer segment while at the same time meeting the needs of digital economy players.

"As a pioneer in digital banking, Jenius will continue to innovate in presenting new unique and relevant features to customer needs. We believe this platform will play an important role in the development of Bank BTPN's retail business in the future," he said in Jakarta, Tuesday. , March 24th.

Ongki said that many BTPN customers are spoiled by the services available at Jenius. One of them is that users can activate foreign currency balances such as the United States dollar, Singapore dollar, Japanese yen or pound sterling.

"The foreign currency balance selection feature has been present in the Jenius application since 2019. After activating this feature, Jenius users can buy and sell foreign currency transactions with rupiah and vice versa through the application," he said.

Profit Translucent Rp2.6 trillion

Ongki said, the growth in lending throughout 2019 was supported by, among other things, corporate financing of IDR 75.7 trillion, which was recorded to have grown 15 percent.

According to Ongki, the distribution of financing is carried out through a number of syndicates for energy security, food security and infrastructure projects. In addition to syndicated loans, Bank BTPN also provides loans bilaterally to national private companies, State-Owned Enterprises (BUMN), the automotive industry, to companies engaged in export and import.

"Through financing to the corporate segment and its supporting industries, we together with the controlling shareholder (SMBC) are committed to supporting national programs in realizing equitable welfare and sustainable economic growth," he explained.

Not only corporate financing, Ongki explained, lending is also supported by the small and medium business credit segment and productive underprivileged groups through its subsidiary, BTPN Syariah.

"In the midst of a challenging global economic situation, Bank BTPN continues to maintain healthy lending and prioritizes the principle of prudence. This is reflected in the ratio of non-performing loans (NPL) of 0.8 percent (gross)," he said. .

Ongki explained, to balance the rate of credit growth, Bank BTPN collected funding worth IDR 145.8 trillion in 2019, an increase of 81 percent from 2018. This amount consists of third party funds (DPK) worth IDR 86.9 trillion, other party loans IDR 52.9 trillion. , as well as subordinated loans of IDR 6 trillion.

Of the total DPK, said Ongki, Bank BTPN managed to increase the current account savings account (CASA) portion to 28 percent in 2019, higher than the portion in 2018 which was 13 percent.

On the other hand, with regard to liquidity adequacy, Bank BTPN has a liquidity coverage ratio (LCR) of 219 percent and a net stable funding ratio (NSFR) of 113 percent, well above the regulator's minimum requirement of 100 percent. For information, LCR is an instrument for calculating short-term liquidity ratios, while NSFR is for calculating long-term liquidity ratios.

Until the end of December 2019, Bank BTPN's assets were recorded at IDR181.6 trillion or grew 79 percent on an annual basis. Meanwhile, net profit after tax (NPAT) reached IDR 2.6 trillion, an increase of 40 percent. With a capital adequacy ratio (CAR) of 24.2 percent.

"With the existing economic dynamics, we should be grateful for this result. This can motivate and become our capital to serve more millions of Indonesians," he said.