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RSS FeedsBTPN Posts Lending Growth of 10% and 11% Rise in Profit
(WorldNews Indonesia)

 
 

27 april 2017 14:08:25

 
BTPN Posts Lending Growth of 10% and 11% Rise in Profit
(WorldNews Indonesia)
 


JAKARTA, 27 April 2017 - In the first quarter of 2017, PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) manages to record an improved performance. This improvement is a result of the company`s efforts to expand its services to the public through various innovations and breakthroughs. Over the course of the first quarter of 2017, loan has grown by 10% (year-on-year/yoy) from Rp 59.27 trillion to Rp 64.99 trillion by the end of March 2017. The growth in lending remains offset by the application of prudent banking principles, as reflected by a low non-performing loan (NPL) ratio of 0.8%. The loan growth is partially sustained by an increase in loan to the small and medium enterprise (SME) segment...


 
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