BTPN Gets Profit Up To 30 Percent

Indobusiness - net profit for PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) in the first quarter of 2013, reaching USD 573 billion, or an increase of 30 per cent (yoy) as compared to the same period in 2012. While lending rose 28 percent to Rp 41.1 trillion.Databases must address satisfying contribution is supported by the Bank's focus in the operation of low-income people and micro and small enterprises (mass market) through Power program."This segment not only need access to finance, but also training and mentoring to increase their capacity. We believe, by providing training, the Bank helped support their efforts to grow in a sustainable manner. It eventually became the key to the performance of the Bank's growth, "said Jerry Ng Director of the Bank in a press release, Wednesday (04/24/2013).Jerry said, a significant increase in the intermediation is still offset by the application of the precautionary principle. "As of March 2013, earning asset quality remains strong, as reflected in the ratio of non-performing loans (non-performing loans / NPL) net position can be maintained at 0.4 percent, the same as the position in March 2012," he added.As for third-party funding (TPF), through the Bank Sinaya, the value of public deposits grew by 25 per cent (yoy) from Rp 37.2 trillion as of March 31, 2012 to Rp 46.6 trillion.Supported the positive performance, call Jerry, the Bank also recorded a growth asset. As of March 31, 2013, total assets grew 29 percent (yoy) from Rp 48.5 trillion as of March 31, 2012 to Rp 62.7 trillion."Based on a business strategy that combines business mission and social mission, and keep our focus on segments that elaborated, as well as with the support of the stakeholders and the capital adequacy ratio (CAR) of 22.8 percent solid per March 31, 2013. Going forward, we are optimistic that have space enough to grow, as well as the more empowering and developing mass market in Indonesia, "said Jerry.During the first quarter of 2013, through the Power Program, the Bank has reached 275,861 beneficiaries, up 29 percent compared to the same period last year. The amount of activity Power Program that was held during the first quarter of this year rose 75 percent, from 8645 to 15,106 activities activities.Power is an empowerment program are measurable and sustainable, which focus on health and wellbeing, as well as practical training in entrepreneurial skills. Program beneficiaries Power is the Bank's clients include retirees, micro and small businesses (SMEs), and pre-prosperous community productive.