Bank Tabungan Negara
List
| |
Company type | Public |
IDX: BBTN | |
Industry | Finance and Banking |
Founded | 1897 9 February 1950 (official founding date) | (as Postspaarbank)
Founder | Government of the Dutch East Indies |
Headquarters | Menara BTN, , |
Key people |
|
Products | List
|
Revenue | Rp 13.430 trillion (2023)[2] |
Rp 4,538 trillion (2023)[2] | |
Rp 3.5 trillion (2023)[2] | |
Total assets | Rp 439 trillion (2023)[2] |
Total equity | Rp 30,479 trillion (2023)[2] |
Owner | Government of Indonesia (60%) |
Number of employees | 12.045 (2023)[2] |
Website | btn.co.id |
PT Bank Tabungan Negara (Persero) Tbk (lit. "State Savings Bank"), trading as BTN (currently stylized in all-lowercase, is an Indonesian commercial bank best known as a mortgage bank, headquartered in Gambir, Jakarta.[3]
Founded in 1897 by the government of the Dutch East Indies as a post office savings bank, its products include banks accounts (savings, current, and fixed deposit), loans (personal, business, and mortgage loans—the latter being its most popular offering since its introduction in the 1970s) and Sharia-compliant banking services.[3]
History
Bank Tabungan Negara was established in 1897 as a postal savings bank under the name Postspaarbank, with its headquarters located in Batavia. During the Japanese occupation of Indonesia, the bank was frozen and replaced with the Savings Office (Japanese: 貯金局, Hepburn: Chokin-kyoku, Nihon-shiki: Tyokin-kyoku) After the proclamation of Indonesian independence, the bank was taken over by the Indonesian government on 9 February 1950 under the Emergency Law No.9 and renamed Bank Tabungan Pos (Postal Savings Bank).[4] In 1963 the bank's current name, Bank Tabungan Negara, was adopted.[5] Bank BTN became the first bank to be appointed by the government to provide housing finance and mortgages to lower and middle income individuals.[6]
The bank underwent a corporate restructure in 2003, which was followed by an initial public offering (IPO) in 2009 that led to the listing of Bank BTN on the Indonesia Stock Exchange.[7] The IPO was ranked as Indonesia's largest IPO as of 2009.[8]
Logo
The previous logo of Bank Tabungan Negara (BTN[9]) consists of two main elements, namely logogram and logotype. The BTN logogram is a picture of a house which symbolizes a dream home. The previous BTN logotype consists of the words "BTN" using a sans-serif font and "Bank" in italic roman font.
BTN officially introduced the new logo to the public through its 74th anniversary celebration on 3 March 2024 at Indonesia Arena, Gelora Bung Karno Sports Complex, Jakarta.[10]
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BTN's previous logo used from 2008 until 3 March 2024
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BTN's current logo used since 3 March 2024
Operations
Bank Tabungan Negara's operations are divided into six regions; Sumatera, Java, Bali & Nusa Tenggara, Kalimantan, Sulawesi, and Papua & Maluku. As of December 2014, these regions gave the bank a total of 820 branches, 2,951 post office access points, and 1,830 ATMs, served by 8,582 employees.[4]
Ownership
The stock of Bank Tabungan Negara is listed on the Indonesia Stock Exchange, where it trades under the symbol BBTN. As of 31 December 2014[update], shareholding in the bank's stock was as indicated in the table below:[4]
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | Government of the Republic of Indonesia | 60.13 |
2 | Public, via the Indonesia Stock Exchange | 38.75 |
3 | Employee stock ownership plan | 1.12 |
Total | 100.00 |
Due to being majority held by the Indonesian government, Bank Tabungan Negara is considered to be one of the four state owned banks in Indonesia.[6]
Governance
Bank Tabungan Negara is governed by a six-person Board of Commissioners. As of September 2015[update], Chandra M. Hamzah became the President Commissioner, succeeding Mardiasmo.[11] The President Director as of December 2015[update] is Maryono.[4][needs update]
See also
References
- ^ "Breaking: BTN Tunjuk Nixon LP Napitupulu Jadi Dirut Baru". CNBC Indonesia. Retrieved 22 February 2024.
- ^ a b c d e f "Laporan Tahunan 2023" (PDF) (in Indonesian). btn. Retrieved 22 February 2024.
- ^ a b "Profile: Bank Tabungan Negara (Persero) Tbk PT (BBTN.JK)". Reuters. Thomson Reuters. Retrieved 22 November 2015.
- ^ a b c d "PT Bank Tabungan Negara (Persero) Tbk. 2014 Annual Report" (PDF). Bank BTN. 31 December 2014. Retrieved 26 November 2015.
- ^ "History of Bank BTN". Bank BTN. Retrieved 26 November 2015.
- ^ a b "PT Bank Tabungan Negara (Persero) Tbk – Roadshow Presentation October 2012" (PDF). Bank BTN. Retrieved 26 November 2015.
- ^ "Harga Saham IPO BTN Rp800 Per Lembar". ANTARA News. 2 December 2009. Retrieved 26 November 2015.
- ^ "CIMB Group – 2009 Annual Report" (PDF). CIMB Group. 31 December 2009. Retrieved 26 November 2015.
- ^ "5 Logo Bank BUMN Di Indonesia ( BRI, MANDIRI, BNI, BSI, BTN) - Jasalogocepat.com". 11 December 2023. Retrieved 13 December 2023.
- ^ "BTN Ganti Logo Baru, Begini Maknanya!". rizensia (in in). 3 March 2024. Retrieved 3 March 2024.
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: CS1 maint: unrecognized language (link) - ^ "PT Bank Tabungan Negara (Persero) Tbk appoints new president commissioner". Reuters. 6 September 2015. Retrieved 13 December 2015.