Jakarta –
PT Bank State Savings Account (Persero) Tbk or BTN is targeting the non-performing loan (NPL) ratio to fall to a level of 2.9%. BTN Main Director Haru Koesmahargyo said that to reduce the ratio of non-performing loans there was an improvement in business processes from last year.
Meanwhile, NPL is still at a level above 3%. “2.9 is being sought. Anyway, 3% is the maximum in 2023,” Haru said in a press conference, Thursday (16/2/2023).
For the 2022 period, Bank BTN’s gross NPL will reach 3.38 percent. Meanwhile, the coverage ratio (coverage ratio) of Bank BTN continued to increase by 1,383 bps yoy to 155.65% as of 31 December 2022. The capital adequacy ratio (capital adequacy ratio/CAR) of Bank BTN reached 16.13%, an increase of 233 bps per 31 December 2022.
According to Haru, the various efforts made by BTN were able to bring some of the non-performing loans back to normal. Meanwhile, for loans that have not improved, BTN has made settlements, one of which is by selling assets.
“With regard to loans that have been restructured with these efforts, some NPLs have been able to return to normal and performing and not improving and we are carrying out the completion of asset sales and commercial asset sales for problem assets to third parties,” he explained.
Period 2022 BTN managed to channel credit and financing grew by 8.53% yoy from IDR 274.83 trillion to IDR 298.28 trillion as of 31 December 2022. Mortgage loans (KPR) are still the biggest motor for Bank BTN’s business movements.
In total, KPR at Bank BTN grew 9.23% yoy to IDR 233.68 trillion as of 31 December 2022. In this segment, subsidized KPR grew 11.61% yoy to IDR 145.86 trillion at the end of 2022. With this performance, Bank BTN is recorded as still leading the subsidized mortgage market with a share of 83%.
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