BTN Profits Reach Almost Rp904 Billion in Q1 2025

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Adi Ahdiat 28/04/2025 11:36 WIB

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In the first quarter of 2025, BTN's net profit grew by 5.1% year-on-year (yoy) to Rp903.71 billion.

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BTN Profits Reach Almost Rp904 Billion in Q1 2025

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BTN's Revenue and Net Profit for Quarter I (2024-2025)

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PT Bank Tabungan Negara Tbk (BTN) reported net interest and profit-sharing income of Rp3.78 trillion in the first quarter of 2025.

This achievement represents an 18.2% increase year-on-year (yoy) compared to the first quarter of the previous year.

This increase in income was accompanied by a 5.1% yoy increase in BTN's net profit, reaching Rp903.71 billion.

According to BTN's President Director, Nixon LP Napitupulu, this profit growth was partly supported by credit disbursement.

In the first quarter of 2025, BTN's credit and financing disbursement increased by 5.5% yoy to Rp363.11 trillion, driven by both subsidized and non-subsidized home ownership loans (KPR).

BTN's subsidized KPR disbursement grew by 7.6% yoy to Rp179.70 trillion in the first quarter of 2025. Meanwhile, non-subsidized KPR grew by 8.1% yoy to Rp106.80 trillion.

There was also an increase in disbursement in the People's Business Credit (KUR), Home Collateral Loan (KAR), and Light Credit (KRING) segments, with total disbursement reaching Rp16.4 trillion, a 9.5% yoy growth.

"BTN consistently implemented its strategy amidst the competition for liquidity and still-high funding costs, enabling the company to achieve positive performance in the first three months of 2025," said Nixon in a press release on Thursday, April 24, 2025.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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BTN Profits Reach Almost Rp904 Billion in Q1 2025

BTN Profits Reach Almost Rp904 Billion in Q1 2025

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BTN Profits Reach Almost Rp904 Billion in Q1 2025

BTN Profits Reach Almost Rp904 Billion in Q1 2025

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