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PT Bank Tabungan Negara (Persero) Tbk

About the Company

PT. Bank Tabungan Negara (Persero) Tbk (BBTN) is a prominent state-owned bank in Indonesia, specializing in housing finance. While its core specialization lies in housing loans for both individuals and businesses, the bank offers an array of additional banking products and services. These encompass savings accounts, current accounts, time deposits, credit cards, insurance products, investment products, trade finance services, cash management services, foreign exchange services, and digital banking services. BTN is renowned as Indonesia's largest mortgage lender and maintains a broad presence with over 1,000 branches and a workforce of around 18,000 employees across the nation. Furthermore, the bank extends its reach to international markets, including Singapore and Malaysia. Established in 1946, BTN is headquartered in Jakarta, Indonesia, and manages substantial assets, totaling IDR 394 trillion (equivalent to US$26.2 billion) as of 2023. The bank's deposit base is extensive, amounting to IDR 311 trillion (US$20.7 billion), while its loans and advances extend to IDR 328 trillion (US$21.9 billion) in the same year. In 2022, BTN reported a net income of IDR 3.8 trillion (US$253 million). BTN plays an instrumental role in the Indonesian economy by providing affordable housing finance options to both individuals and businesses. The bank's loans have played a pivotal role in facilitating the construction of millions of homes across Indonesia, thus contributing to the country's economic growth. Moreover, BTN is deeply committed to supporting the development of the Indonesian property sector and the construction industry.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, PT Bank Tabungan Negara (Persero) Tbk’s industry classification falls within the following categories:
  • Sector: Financials
  • Industry group: Banks
  • Industry: Banks
  • Sub-Industry: Regional Banks
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Company Address

Jl. Gajah Mada No. 1 Jakarta Pusat, DKI Jakarta, DKI Jakarta 10130, ID

Source : Google maps

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