Bank BTPN

PT Bank BTPN Tbk (“Bank BTPN”) is a foreign exchange bank that was reborn from a merger between PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) and PT Bank Sumitomo Mitsui Indonesia (SMBCI) in 2019.

Bank BTPN, one of the top 10 largest banks in assets, focuses on serving retail consumers, micro-, small- and medium-sized enterprises (MSMEs), and corporations, local and multinational alike, on both conventional and digital platforms.

As a pioneer in digital banking in Indonesia, Bank BTPN launched  Jenius in 2016, a fully digital banking services application aimed at providing simpler and faster financial services for digital-savvy consumers.

Bank BTPN also supports financial inclusion that is realized through the BTPN Wow!, a branchless financial services unit focusing on the unbanked segment, in 2015. BTPN Wow! utilizes Unstructured Supplementary Services Data (USSD) technology, allowing it to operate on all types of GSM-based mobile phones even with a very weak signal.

In order to meet Financial Services Authority (OJK) regulations and to serve more public members, Bank BTPN spun off its sharia unit and formed subsidiary PT Bank BTPN Syariah Tbk (“Bank BTPN Syariah”) in 2014.

Bank BTPN Syariah, which is 70% owned by Bank BTPN, focuses on empowering members of productive poor families so that they can achieve a better livelihood, providing financial products and services for remote unbanked communities as well as the lower income segment of society.

Aside from providing financial products and services, Bank BTPN also promotes sustainability through its Daya programs by providing training and information to improve customers’ capacity so they can grow and have a chance to live a more meaningful life.