BTN to Revise Business Plan over Sluggish DPK Growth

By Editorial Team 14/08/2019
Summary

PT Bank Tabungan Negara Tbk (BTN) plans to revise lending target in its business plan (RBB) from 10-12 percent to 9-11 percent year-on-year (YoY) as the company sees the Third Party Funds (DPK) growth slows down from 10-12 percent to 7-9 percent.

Following such estimates, BTN prepared strategies to increase funding and spur credit growth in the second half of 2019. In inorganic funding, the state-owned lender eyes to issue a US$ 300 million worth global bond and propose for bilateral loans, in addition to subordinated bond issuance.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.