BTN and CIMB Niaga’s sharia units to spin-off soon
3 months ago
Sharia Unit spin-off is expected to stir up the sharia banking industry, which is currently dominated by one major player.
BBTN acquires two properties from Asuransi Jiwa IFG
3 months ago
This transaction is categorized as an affiliated transaction, but does not involve a conflict of interest.
Tight on liquidity, BTN eyes moderate credit growth at 10-11% this year
7 months ago
PT Bank Tabungan Negara Tbk (BBTN) reveals its moderate target on credit distribution growth in 2024, at 10-11%. In fact, at the end of June 2024, BBTN had reported credit growth of 14.4% year-on-year (yoy).
BBTN: 2 years from now, BTN Syariah will be the 2nd biggest sharia bank in Indonesia
7 months ago
Nixon LP Napitupulu, President Director of PT Bank Tabungan Negara Tbk (BBTN), announces its vision prepared for its sharia business unit, Bank Tabungan Negara Syariah, for the next two years.
State-owned banks’ dividends clock up to IDR 92.29 trillion
9 months ago
Four state-owned banks reported total dividend of IDR 92.29 trillion for the fiscal year (FY) 2023.
Foreign investors buy up Gojek Tokopedia shares; net foreign volume recorded 666.53 million shares
a year ago
On Friday, March 22, foreign investors purchased 1.03 billion shares of PT GoTo Gojek Tokopedia Tbk (GOTO), resulting in the largest net volume of 656.79 million shares. This transaction also contributed to the foreign purchase volume of 2.66 billion shares. Meanwhile, foreign sales volume was roughly 2 billion shares, resulting in a surplus net foreign volume of 666.53 million shares.
Net foreign volume remains in the green zone at 889.36 million shares in surplus
a year ago
Like the previous three days, net foreign volume on Thursday, March 21, remained in the green zone, at 889.36 million shares in surplus. This was because the foreign buy volume was 2.88 billion shares, while the foreign sell volume was only 1.99 billion shares. The most purchased shares still belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), which were purchased for 821.82 million shares with a net volume of 547.66 million shares.
Bank Tabungan Negara is projected to share dividend of IDR 700 billion
a year ago
PT Bank Tabungan Negara (Persero) Tbk (BBTN), a state-owned bank, is predicted to set up cash dividend distribution of IDR 700 billion, which will be taken out of its 2023 net profit.
BTN saw 14.95% increase in profit, reaching IDR 3.5 trillion
a year ago
PT Bank Tabungan Negara (Persero) Tbk (BBTN) booked current year’s net profit of IDR 3.5 trillion in 2023, 14.95% higher than IDR 3.04 trillion in 2022.