Jakarta – PT Bank Tabungan Negara (BBTN) or BTN has estimated unaudited profit last year reached IDR 1.3 trillion, up 18.18% year-on-year, driven by boosted interest income and increased efficiency.
The increase in interest income was in line with the increase in the company’s loan growing at above-average loan growth of the banking industry, Kontan reported.
Posted by NewsIDX on January 16, 2013
https://newsidx.wordpress.com/2013/01/16/btn-expects-2012-profit-reached-idr-1-3-trillion/
Jakarta – PT Bank Tabungan Negara Tbk (BBTN) or BTN has targeted to hold rights issue worth a total of IDR 1.87 trillion.
The company would offer a total of 1.51 billion shares of Series B at an exercise price of IDR 1,235 per share, detik.com reported. Each holder of 550 thousand shares of BTN is entitled to pre-emptive rights to the 94,943 new shares to be issued.
Posted by NewsIDX on November 5, 2012
https://newsidx.wordpress.com/2012/11/05/btn-holds-rights-issue-worth-idr-1-87-trillion/
Jakarta – PT Bank Tabungan Negara Tbk (BBTN), or BTN, has recorded an increase of cheap funds more than 50% through promotion and expansion into places.
BTN Commercial Director named only Purwadi as quoted by Bisnis Indonesia said, until the end of September 2012, the company acquired cheap funds reached IDR 29.41 trillion, an increase of 53.49% year-on-year from IDR 19.16 trillion. The largest increase occurred in savings of 59.8% to IDR 17.9 trillion, while demand deposits increased 44.57% to IDR 11.5 trillion.
Posted by NewsIDX on November 2, 2012
https://newsidx.wordpress.com/2012/11/02/btns-cheap-funds-increase-by-50/
Jakarta – PT Bank Tabungan Negara Tbk (BBTN) or BTN will hold a limited public offering phase I using rights issue mechanism in November 2012, by selling 1.5 billion new shares at an offering price of IDR 1,000 – 1,400 per share.
BTN estimated to reach around IDR 1.5 trillion – 2.1 trillion rights issue proceeds, which would be used to fund the company’s credit expansion, Investor Daily reported. Determination of the exercise price will be announced on 5 November 2012.
Posted by NewsIDX on October 5, 2012
https://newsidx.wordpress.com/2012/10/05/btns-rights-issue-worth-idr-1000-1400-per-share/
Jakarta – The Ministry of State Owned Enterprises targets state-owned banks to generate net profit of IDR 39.21 trillion on average, up 14.68% from IDR 34.19 trillion achieved last year.
Based on the dividend payout ratio of 25% that the government has set for state-owned banks next year, the total dividends that the government could obtain reached IDR 5.81 trillion, Bisnis Indonesia reported. With the 25% target, the government would expect IDR 2.46 trillion from PT Bank Rakyat Indonesia Tbk (BBRI), IDR 2.11 trillion from PT Bank Mandiri Tbk (BMRI), IDR 1 trillion from PT Bank Negara Indonesia Tbk (BBNI) and IDR 235 billion from PT Bank Tabungan Negara Tbk (BBTN).
Posted by NewsIDX on September 21, 2012
https://newsidx.wordpress.com/2012/09/21/state-owned-banks-profit-targeted-up-15/
Jakarta – The House of Representatives has agreed to the plan from PT Bank Tabungan Negara Tbk (BBTN), or BTN, to hold a rights issue for 1.51 billion new shares. From the strategic action, the company targets IDR 2.3 trillion, assuming the shares would be sold for IDR 1,260 – 1,620 per share.
Minister of Finance Agus Martowardojo, as quoted by Bisnis Indonesia, said that, in the rights issue, the government would sell IDR 132.07 billion – 175.09 billion worth of shares it holds. BTN wants to hold the rights issue to increase its capital adequacy ratio to 19% from the present 15.9%, and also to obtain a tax incentive as the public’s shareholding would increase to 40%.
Posted by NewsIDX on September 20, 2012
https://newsidx.wordpress.com/2012/09/20/house-gives-go-ahead-to-btns-rights-issue/
Jakarta – The House of Representatives has approved the plan from PT Bank Tabungan Negara Tbk (BBTN), or BTN, to hold a rights issue this year. BTN would offer 1,512.857.500 new shares to the public. The strategic action would dilute the government’s shareholding proportion in the bank to 60%.
Chairperson of the House of Representatives Commission XI Emir Moeis as quoted by Investor Daily said, the government presently holds 71.9% shares in BTN while the rest are held by the public. According to him, the rights issue would help BTN improve its services.
Posted by NewsIDX on September 20, 2012
https://newsidx.wordpress.com/2012/09/20/house-approves-btn-rights-issue/
Jakarta – The House of Representatives has approved PT Bank Tabungan Negara Tbk (BBTN), or BTN, to hold a rights issue. The bank plans to issue 1.51 billion new shares, targeting proceeds of IDR 2.45 trillion.
The approval was given in a work meeting between the Minister of Finance Agus Martowardojo and members of the House of Representatives Commission XI. In the meeting, all the Commission XI members agreed to the rights issue, kontan.co.id reported.
Posted by NewsIDX on September 19, 2012
https://newsidx.wordpress.com/2012/09/19/house-approves-btn-to-hold-rights-issue/
Jakarta – PT Bank Tabungan Negara Tbk (BBTN), or BTN, has booked profit worth IDR 659 billion in the second quarter of 2012, up 39.59% from IDR 472 billion it posted last year in the same period.
BTN Finance Director Saud Pardede said that lending growth as of June reached 27.7% or IDR 72.06 trillion, from IDR 56.45 trillion the bank distributed last year in the same period, Bisnis Indonesia reported. “With the increase in lending, there is an increase in assets that generate interest margins. In addition, the improvement in NPL (non-performing loans) led to better interest rate for us,” he said.
Posted by NewsIDX on August 15, 2012
https://newsidx.wordpress.com/2012/08/15/btn-books-profit-worth-idr-659-billion/
Jakarta – PT Bank Tabungan Negara Tbk (BBTN), or Bank BTN, will hold a rights issue this October and targets to generate proceeds of IDR 2 trillion from the strategic action.
The company has submitted its request to the House of Representatives. “The discussions will be completed this month end, so in October the rights issue can be held,” said Bank BTN Finance and Treasury Director Saut Pardede, as quoted by Kontan.
Posted by NewsIDX on August 14, 2012
https://newsidx.wordpress.com/2012/08/14/bank-btn-holds-idr-2-trillion-of-rights-issue-this-october/
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