ILLUSTRATION. BTPN Syariah
Reporter: Amanda Christabel | Editor: Ahmad Febrian
KONTAN.CO.ID – JAKARTA. Bank BTPN Syariah posted a positive performance in the second quarter of 2021. Net profit grew by 89% year on year (yoy) from Rp 507 billion in the second quarter of last year to Rp 770 billion this year
The issuer with the stock code BTPS has also disbursed financing of Rp 10.05 trillion. This distribution grew by 15% compared to the previous period of Rp 8.74 trillion.
Pilarmas Investindo Sekuritas analyst Okie Setya Ardiastama said the growth of BTPS was in line with Islamic banking literacy. Okie explained, for 2021 his party projects an improvement in the quality of financing. “Meanwhile, credit growth is projected at 19.73 percent and DPK 27.88 percent for 2021. We recommend buying with a target of Rp 4,300,” he said to Kontan, Friday (6/8).
Head of Research Samuel Sekuritas, Suria Dharma explained, BTPS is more of an ultramicro. “The advantages net profit margin (NFM) which is higher than ordinary banks, “he said.
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