ANALYST MEETING PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of March 31, 2017 Jakarta, April 17 th 2017
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Outline Page Macroeconomy 4 BBTN vs Industry 8 1Q17 Summary 11 Performance Overview 14 Sharia Business 39 Appendices 42 3
1. Macroeconomy 4
Macroeconomy: Stable Macro Outlook Low Inflation & Interest Rate Stronger Economic Growth *) March inflation was recorded at 1.19% (ytd) or 3.61% (yoy), within the target of 4±1%. Despite the FFR hike, Bank Indonesia held BI 7-day RR Rate at 4.75%. 2016 GDP growth was 5.02% (yoy), Indonesia s Economy is predicted to remain strong in the 1Q17. The three phases of tax amnesty ended with Rp114 trn tax revenue from Rp165 trn target. *) BI reformulate its policy rate from BI Rate to 7-day Reverse Repo Rate since 19 th August 2016 5
Banking System: Slow Loan Growth Weak Loan Demand Loan growth began to improve to 8.4%* (yoy) in Feb 2017. However, loan demand is still weak as corporates have continued to consolidate. Rising NPL Ratio NPL (gross) increased to 3.1% in Jan 2017 after showing improvement in Dec 2016 at 2.9%. *) BI Projected Numbers, Broad Money Developments (M2) Feb 2017 6
Housing Industry: Small Houses Bolster Property Sales Residential Property Price Index Growth of Property Sales (% qtq) Slower annual growth of residential property price were recorded in 4Q2016, decelerated to 2.38% (yoy) from 2.75% (yoy). Meanwhile quarterly growth slightly increased to 0.37% (qtq) from 0.36% (qtq). As the house price grew slower, residential property sales growth accelerated to 5.06% (qtq) in 4Q2016 bolstered by small houses, in line with a surge of housing loans extended by the banking industry. Source: Bank Indonesia Residential Property Survey for Primary House 7
2. BBTN vs Industry 8
Loan & Deposit Growth Robust Loan Growth In Mar 2017, BBTN Loan grew by 18.71% (yoy), far above industry growth at 8.4%* (yoy) in Feb 2017. Its acceleration was sustained by Subsidized Mortgages. Strong Deposits Growth Total Deposits of BBTN increased by 20.02% (yoy) in Mar 2017 with Current Accounts marked the biggest growth. Meanwhile industry recorded at 8.9%* (yoy) in Feb 2017. *) BI Projected Numbers, Broad Money Developments (M2) Feb 2017 9
Mortgages & Net Profit Solid Mortgages Growth BBTN Mortgages grew 20.61% (yoy) in Mar 2017 while industry recorded at 7.45% (yoy) in Feb 2017. Strong Profitability In 1Q17, Net Profit of BBTN grew by 21.03% (yoy), far above industry growth at 8.31% (yoy) in Jan 2017. 10
3. 1Q17 Summary 11
Bank BTN s Achievement on 1 Million Houses Program Loan Type Target (Unit) Mortgage Disbursed 2017 Approved prior to 2017 Progress as of March 31, 2017 Construction Loans Support in Progress Approved in 2017 Unit IDR Bn Unit IDR Bn Unit IDR Bn Unit IDR Bn Unit IDR Bn Subsidized Mortgage 504,122 33,573 3,834 104,072 4,180 28,558 992 132,630 5,172 166,203 9,006 Non Subsidized Mortgage 161,878 10,869 3,403 88,186 13,368 6,421 1,666 94,607 15,034 105,476 18,437 TOTAL 666,000 44,442 7,237 192,258 17,548 34,979 2,658 227,237 20,206 271,679 27,443 Total Total 12
1Q17 Key Takeaways Robust Loan Growth Loan growth was 18.71% (yoy), supported by the government program of 1 million houses Subsidized mortgage was the main driver with 29.62% growth Sustaining the leadership of mortgage in Indonesia by 34.21% Strong Liquidity Deposits rose by 20.02% (yoy) LCR was sufficient at 158.36% Wholesale funding of Rp4.035 trn from NCD & bilateral loans Solid Profitability Net profit increased by 21.03% (yoy) Net interest income raised by 13.84% (yoy), fee income grew by 36.79% (yoy) Controlled Asset Quality NPL improved to 3.34%, lower than 3.59% in Mar 2016 Special-mentioned loan was recorded at 11.68%, improved from 13.83% in Mar 2016 13
4. Performance Overview 14
Financial Highlight (IDR Billion) FY 2012 FY 2013 FY 2014 FY 2015 F Y 2016 1Q 2016 1Q 2017 y.o.y IND (J AN Total As s et 111,749 131,170 144,582 171,808 214,168 178,419 214,312 20.12% 10 Total Loan & F inancing 81,411 100,467 115,916 138,956 164,446 142,944 169,687 18.71% 8 Total Depos its 80,688 96,213 106,479 127,746 160,192 131,165 157,419 20.02% 8 E quity 10,279 11,557 12,253 13,860 19,131 14,394 19,196 33.37% Net P rofit 1,364 1,562 1,146 1,851 2,619 491 594 21.03% 8 E arning per S hare (IDR) 148 148 108 175 247 46 56 21.03% CAR (Tier 1) 16.95% 14.91% 14.07% 14.87% 16.54% 14.47% 15.40% 21 CAR (BI) 17.69% 15.62% 14.64% 16.97% 20.34% 16.50% 18.90% 23 NP L (Gros s ) 4.09% 4.05% 4.01% 3.42% 2.84% 3.59% 3.34% 3 NP L (Nett) 3.12% 3.04% 2.76% 2.11% 1.85% 2.34% 2.35% 1 N I M 5.83% 5.44% 4.47% 4.87% 4.98% 4.59% 4.32% 5 C I R 49.71% 50.86% 57.21% 50.08% 48.41% 54.46% 56.90% COVE R AGE R ATIO 29.48% 27.97% 33.77% 43.14% 45.25% 41.32% 38.28% R OE 18.23% 16.05% 10.95% 16.84% 18.35% 15.89% 14.60% R OA 1.94% 1.79% 1.14% 1.61% 1.76% 1.56% 1.48% 2 LDR 100.90% 104.42% 108.86% 108.78% 102.66% 108.98% 107.79% 89 LCR 165.98% 163.87% 163.50% 158.36% 15
Balance Sheet (IDR Billion) FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1Q 2016 1Q 2017 y.o.y Total Assets 111,749 131,170 144,582 171,808 214,168 178,419 214,312 20.12% Total Earning Assets 101,538 118,305 132,192 157,049 195,780 165,078 194,949 18.10% - Term Deposit with BI 10,867 4,834 1,496 7,529 17,581 5,657 4,028-28.81% - Loans and Financing 81,411 100,467 115,916 138,956 164,446 142,944 169,687 18.71% - Securities 8,491 12,595 13,684 10,001 12,785 15,888 19,418 22.22% - Other Earning Assets 769 408 1,095 562 968 589 1,817 208.47% Provision on Earning Asset (997) (1,148) (1,581) (2,064) (2,132) (2,136) (2,182) 2.19% Others 11,208 14,013 13,972 16,823-20,520-15,477-21,545-39.21% Deposits 80,688 96,213 106,479 127,746 160,192 131,165 157,419 20.02% Securities Issued 7,137 8,837 7,939 10,937 12,935 10,936 12,936 18.29% Deposits from Other Banks 741 285 1,770 3,255 5,459 4,660 6,190 32.83% Repurchase Agreements 2,335 2,653 3,818 2,135 1,385 2,155 1,402-34.97% Borrowings 6,734 7,070 6,996 7,725 7,999 8,707 9,298 6.79% Others 3,834 4,556 5,329 6,151 7,068 6,403 7,871 22.93% Equity 10,279 11,557 12,253 13,860 19,131 14,394 19,196 33.37% 16
Asset Composition Total Assets (IDR Trillion) Assets Composition (%) 17
Earning Asset Composition Total Earning Asset (IDR Trillion) Earning Asset Composition (%) 18
Loans Composition: Focused on Housing Loans Loans Type 31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-15 31-Dec-16 31-Mar-16 31-Mar-17 IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares y.o.y Housing Loans 70,223 86.26% 87,005 86.60% 102,614 88.52% 124,927 89.90% 147,948 89.97% 129,058 90.29% 153,316 90.35% 18.80% Subsidized Mortgages 25,562 31.40% 28,429 28.30% 34,347 29.63% 43,527 31.32% 56,835 34.56% 45,924 32.13% 59,529 35.08% 29.62% Non-Subsidized Mortgages 29,129 35.78% 39,548 39.36% 45,601 39.34% 53,567 38.55% 60,469 36.77% 54,996 38.47% 62,189 36.65% 13.08% Other Housing Loans 6,070 7.46% 7,198 7.16% 8,179 7.06% 8,934 6.43% 8,723 5.30% 8,771 6.14% 8,660 5.10% -1.26% Construction Loan 9,462 11.62% 11,829 11.77% 14,486 12.50% 18,900 13.60% 21,921 13.33% 19,367 13.55% 22,938 13.52% 18.44% Non-Housing Loans 11,187 13.74% 13,463 13.40% 13,302 11.48% 14,029 10.10% 16,498 10.03% 13,885 9.71% 16,371 9.65% 17.90% Consumer Loan 1,923 2.36% 2,597 2.59% 2,916 2.52% 3,839 2.76% 4,738 2.88% 3,776 2.64% 4,182 2.46% 10.75% Commercial Loan 9,264 11.38% 10,865 10.81% 10,386 8.96% 10,190 7.33% 11,761 7.15% 10,109 7.07% 12,189 7.18% 20.57% Total Loans 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 142,944 100.00% 169,687 100.00% 18.71% Gross Loan (IDR Trillion) Housing and Non-Housing Loans (%) Note : Figures on all graphs Include Sharia financing 19
Mortgages: Growth Remained Strong Total Mortgages (IDR Billion) Mortgage Composition (%) Subsidized Mortgages (IDR Billion) Non Subsidized Mortgages (IDR Billion) Note : Figures on all graphs Include Sharia financing 20
Loan Disbursement: Mortgages & Construction Loans were the Drivers IDR Trillion IDR Billion IDR Bio Loans Type FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 3 Months of 2016 2017 Housing Loans 28,041 33,955 34,029 41,812 47,216 9,357 11,294 20.71% Subsidized Mortgages 4,213 6,506 7,960 12,771 17,527 3,351 3,834 14.42% Non-Subsidized Mortgages 12,479 14,286 12,629 13,404 14,315 2,894 3,403 17.56% Other Housing 2,659 2,500 2,416 2,418 1,823 391 421 7.85% Construction Loan 8,690 10,663 11,023 13,219 13,551 2,720 3,636 33.64% Non-Housing Loans 9,679 10,338 7,569 9,434 12,043 2,791 3,038 8.85% Consumer Loan 1,809 2,389 2,564 4,268 4,779 1,697 1,160-31.62% Commercial Loan 7,870 7,949 5,005 5,166 7,264 1,094 1,878 71.62% Total Loans 37,720 44,293 41,598 51,246 59,259 12,147 14,332 17.98% y.o.y Note : Figures on graph and table Include Sharia financing 21
Loan Quality: Manageable NPL Gross NPL (%) Net NPL (%) Note : Figures on all graphs Include Sharia financing 22
Loan Quality Breakdown: Subsidized Mortgage NPL Continued to Improve Collectibility 31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-15 31-Dec-16 31-Mar-16 31-Mar-17 IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share Current 68,420 84.04% 84,301 83.91% 95,262 82.18% 116,887 84.12% 142,963 86.94% 118,043 82.58% 144,207 84.98% Special Mentioned 9,665 11.87% 12,101 12.04% 16,004 13.81% 17,316 12.46% 16,807 10.22% 19,768 13.83% 19,811 11.68% PL 78,085 95.91% 96,402 95.95% 111,266 95.99% 134,203 96.58% 159,770 97.16% 137,811 96.41% 164,018 96.66% Substandard 686 0.84% 458 0.46% 338 0.29% 250 0.18% 260 0.16% 443 0.31% 741 0.44% Doubtful 542 0.67% 457 0.45% 454 0.39% 359 0.26% 333 0.20% 531 0.37% 818 0.48% Loss 2,098 2.58% 3,151 3.14% 3,859 3.33% 4,144 2.98% 4,083 2.48% 4,158 2.91% 4,110 2.42% NPL 3,326 4.09% 4,066 4.05% 4,650 4.01% 4,753 3.42% 4,676 2.84% 5,132 3.59% 5,669 3.34% PL + NPL 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 142,944 100.00% 169,687 100.00% NPL Gross 4.09% 4.05% 4.01% 3.42% 2.84% 3.59% 3.34% NPL Netto 3.12% 3.04% 2.76% 2.11% 1.85% 2.34% 2.35% Loan Type 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Mar (Gross) 2012 2013 2014 2015 2016 2016 2017 Housing Loans 3.93% 3.80% 3.43% 2.79% 2.36% 2.96% 2.83% Subsidized Mortgage 5.00% 5.24% 3.96% 2.48% 1.52% 2.43% 1.67% Non-Subsidized Mortgage 2.90% 2.61% 2.51% 2.57% 2.65% 2.85% 3.09% Other Housing Loans 3.08% 3.17% 3.47% 3.44% 3.59% 3.77% 4.25% Construction Loan 4.74% 4.75% 5.13% 3.81% 3.21% 4.18% 4.56% Non-Housing Loans 5.08% 5.60% 8.51% 9.02% 7.14% 9.39% 8.09% Consumer Loan 2.00% 2.03% 2.55% 2.17% 1.35% 2.39% 1.71% Commercial Loan 5.72% 6.63% 10.16% 11.57% 9.44% 11.97% 10.25% Total Loans 4.09% 4.05% 4.01% 3.42% 2.84% 3.59% 3.34% Note : Figures on all tables Include Sharia financing 23
Special-Mentioned Loan: Getting Lower Due to Better Loan Underwriting & Monitoring Special-Mentioned Loan (%) Special-Mentioned by Loan Type (%) Note : Figures Include Sharia financing 24
Restructured Loan Restructured Loan in 1Q17 (IDR Billion) Restructured Loan by Quality in 1Q17 (%) Restructured Loan Outstanding (IDR Billion) Note : Figures Include Sharia financing 25
Liabilities: Sufficient to Support Loan Growth Total Liabilities (IDR Trillion) Funding Composition (IDR Trillion) Funding Composition (%) 26
Deposits: Solid Growth & Liquidity Total Deposits Mix (IDR Trillion) Deposits FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1Q2016 1Q2017 y.o.y Current Account 13.27 19.12 23.23 31.37 45.85 32.26 41.73 29.36% Savings Account 21.54 24.24 25.55 30.76 34.83 29.04 30.74 5.85% Time Deposits 45.88 52.86 57.70 65.62 79.52 69.87 84.95 21.59% Total 80.69 96.21 106.48 127.75 160.19 131.16 157.42 20.02% CASA Composition (%) 27
Equity (1/2) Total Equity (IDR Trillion) CAR - BI (%) 28
Equity (2/2) 2012 2013 2014 2015 2016 Mar-16 Mar-17 Tier - 1 Capital 9,038 9,879 10,736 12,172 16,444 12,465 16,111 Tier - 2 Capital 582 722 797 1,721 3,776 1,751 3,660 Capital on B/S 10,279 11,557 12,253 13,860 19,131 14,394 19,196 RWA - Credit Ris k 46,582 57,749 66,251 70,474 86,189 72,840 88,898 RWA - Market Risk 182 284 226 223 344 409 792 RWA - Operational Ris k 6,557 8,229 9,856 11,185 12,899 12,899 14,934 RWA - Total 53,321 66,262 76,333 81,882 99,432 86,148 104,624 CAR Tier 1/(R WA Credit +Market +Ops R is k) 16.95% 14.91% 14.07% 14.87% 16.54% 14.47% 15.40% CAR B/S /(RWA Credit +Market Ris k) 21.98% 19.91% 18.43% 19.60% 22.11% 19.65% 21.40% CAR B/S /(RWA Credit +Market +Ops Ris k) 19.28% 17.44% 16.05% 16.93% 19.24% 16.71% 18.35% CAR BI ((Tier 1+2)/(RWA Credit +Market Ris k)) 20.17% 17.84% 16.81% 19.65% 23.37% 19.41% 22.04% CAR BI ((Tier 1+2)/(RWA Credit +Ops Ris k)) 17.75% 15.69% 14.68% 17.01% 20.41% 16.58% 19.04% CAR B I ((Tier 1+2)/(R WA Credit +Market + Ops R is k)) 17.69% 15.62% 14.64% 16.97% 20.34% 16.50% 18.90% CAR Tier 2 2.10% 3.80% 2.03% 3.50% Capital Cons ervation Buffer 0.63% 0.63% 1.25% Countercyclical Buffer 0.00% 0.00% 0.00% Capital S urcharge (D-S IB) 0.25% 0.25% 0.50% 29
Income Statement (IDR Billion) FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1Q 2016 1Q 2017 y.o.y Interest Income 9,106 11,197 13,374 15,567 17,852 4,193 4,559 8.74% Interest Expense (4,379) (5,558) (7,893) (8,700) (9,600) (2,404) (2,523) 4.94% Net Interest Income 4,726 5,639 5,482 6,867 8,252 1,789 2,037 13.84% Other Operating Income 577 798 923 1,132 1,285 281 384 36.79% Other Operating Expense (3,438) (4,301) (4,828) (5,465) (6,184) (1,380) (1,636) 18.54% Profit From Operating 1,865 2,136 1,577 2,534 3,352 689 784 13.77% Non Operating Income (Expense) (8) 5 2 8 (22) (3) 0.12-104.83% Profit Before Tax 1,857 2,141 1,579 2,542 3,330 687 784 14.20% Net Profit 1,364 1,562 1,146 1,851 2,619 491 594 21.03% 30
Interest Income Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1Q2016 1Q2017 Y.o.Y Placement with Bank Indonesia 46 74 81 107 111 35 24-30.71% Placement with other bank 52 63 40 37 56 14 6-60.84% Securities 534 726 982 858 971 239 248 3.86% Loan 7,901 9,605 11,353 13,523 15,458 3,618 3,952 9.23% Income from Syariah 573 729 919 1,042 1,256 287 330 14.87% Total 9,106 11,197 13,374 15,567 17,852 4,193 4,559 8.74% 31
Interest Expense Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1Q2016 1Q2017 Y.o.Y Bank Indonesia 8 5 2 1.06 - - - - Deposits from other Banks 20 39 84 328 285 91 86-6.48% Deposits from Non Banks 3,118 4,082 6,290 6,750 7,363 1,837 1,942 5.69% Securities Issued 674 826 787 883 1,088 259 292 12.79% Fund Borrowings 400 450 529 516 718 175 181 3.27% Others 159 157 201 222 147 41 23-45.04% Total 4,379 5,558 7,893 8,700 9,600 2,404 2,523 4.94% 32
Other Operating Income Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1Q2016 1Q2017 Y.o.Y Marked to market 9 17 7-10 20 59 192.24% Gain 17 32 112 170 273 48 70 47.20% Reversal on Provisions - 8 5 7.51 0.10-3.71 - Commissions, Services & Admin Fee *) 11 31 496 596 656 139 177 27.38% Others *) 541 709 303 358 347 73 74 0.17% Total 577 798 923 1,132 1,285 281 384 36.79% *) Reclassified 33
Other Operating Expense Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1Q2016 1Q2017 Y.o.Y Provisions 214 441 777 901 708 137 138 0.99% Salaries & Employee Benefit 978 1,161 1,260 1,459 1,619 445 541 21.61% Electricity, Telp, Office Supp. 384 365 494 591 660 143 168 17.44% Others 355 337 227 422 452 111 152 36.91% Rent, Service & Maintenance 376 482 542 563 703 151 164 8.06% Depreciation 267 279 226 196 219 45.5 46.1 1.35% Promotion 275 411 509 417 402 89 103 15.74% Collector Fees & Consultant 313 386 451 544 684 154 199 28.99% Insurance Premium 145 175 217 245 303 80 95 18.81% Training 117 110 107 106 136 20 23 14.28% Research & Development 4 4 6 7 14 2.7 2.6-0.57% Other Taxes 11 6 8 8 9 1 4 223.10% Gain 0 1 3 4 2 - - - Marked to Market - 144 0.00 0.19 0.00-0.03 - Allowance related to Operational Risk - - - - 273.50 - - - Total 3,438 4,301 4,828 5,465 6,184 1,380 1,636 18.54% 34
Key Financial Ratios (1/4) Net Income (IDR Billion) Net Interest Margin Cost Income Ratio *) Note : *) Reclassified 35
Key Financial Ratios (2/4) ROA 1 before tax ROA 2 after tax 1 Calculated based on income before income tax (include tax benefit and extraordinary item)/ average total assets based on Bank Indonesia regulation 2 Calculated based on net profit/average total assets 36
Key Financial Ratios (3/4) ROE 3 tier 1 capital ROE 4 balance sheet 15.28% 13.52% 3 Calculated based on net profit/average Tier 1 capital based on Bank Indonesia regulation 4 Calculated based on net profit/total stakeholder s equity 37
Key Financial Ratios (4/4) Loan-to-Deposit Ratio Liquidity Coverage Ratio 38
5. Sharia Business 39
Sharia Business Sharia Net Profit (IDR Billion) Sharia Assets (IDR Billion) Sharia Deposits (IDR Billion) 40
Sharia Financings & NPF Sharia Financings (IDR Billion) Sharia Disbursement (IDR Billion) Sharia NPF (Gross) (%) Sharia NPF (Net) (%) 41
6. Appendices 42
Shares Information Share Ownerships Composition as of Mar 31, 2017 Ownership # of Shares % G O I 6,354,000,000 60.00% Public 4,236,000,000 40.00% - Domestic 1,316,917,536 12.44% - Foreign 2,919,082,464 27.56% Total 10,590,000,000 100.00% Period Opening Lowest Highest Closing Average Volume (Lots) PBV (x) BVPS Market Cap (IDR Million) 1Q 2017 1,745 1,695 2,360 2,270 211,178 1.25 1,813 24,039,300 1Q 2016 1,300 1,280 1,865 1,745 276,471 1.28 1,359 18,479,550 % (yoy) 34.23% 32.42% 26.54% 30.09% -23.62% -2.46% 33.37% 30.09% IPO by listed on IDX on 17 December 2009 at IDR800 per share Rights issue successfully done in November 2012 by issuing additional 1.512.857.500 new shares Market cap as of Mar 31, 2017 was IDR 24.04 Trillion 43
Outlets Sumatera Regional Offices 1 Branch Offices 11 Sub Branch Offices 38 Cash Outlets 58 Sharia Outlets 10 Priority Outlet 6 Post Offices 700 ATMs 255 Jawa Regional Offices 2 Branch Offices 43 Sub Branch Offices 166 Cash Outlets 371 Sharia Outlets 49 Priority Outlet 25 Post Offices 1,624 ATMs 1,425 Kalimantan Regional Offices - Branch Offices 5 Sub Branch Offices 15 Cash Outlets 17 Sharia Outlets 3 Priority Outlet 4 Post Offices 299 ATMs 94 I N D O N E S I A Bali & Nusa Tenggara Regional Offices - Branch Offices 3 Sub Branch Offices 6 Cash Outlets 10 Sharia Outlets - Priority Outlet 2 Post Offices 141 ATMs 50 Sulawesi Regional Offices 1 Branch Offices 6 Sub Branch Offices 13 Cash Outlets 19 Sharia Outlets 3 Priority Outlet 2 Post Offices 126 ATMs 103 Papua & Maluku Regional Offices - Branch Offices 3 Sub Branch Offices 3 Cash Outlets 2 Sharia Outlets - Priority Outlet - Post Offices 61 ATMs 24 2012 2013 2014 2015 2016 1Q2016 1Q2017 Regional Offices 3 3 3 4 4 4 4 Branch Offices 65 65 65 65 65 65 71 Sub Branch Offices 223 223 223 223 243 223 241 Cash Outlets 415 479 479 479 477 479 477 Sharia Outlets 50 50 50 50 65 50 65 Priority Outlet 13 23 34 39 40 39 39 Total Outlets 769 843 854 860 894 860 897 Post Offices 2,922 2,922 2,951 2,951 2,951 2,951 2,951 ATMs 1,404 1,504 1,830 1,830 1,900 1,830 1,951 Employees 7,142 8,011 8,582 9,042 9,380 9,059 9,708 44
THANK YOU Investor Relations PT Bank Tabungan Negara (Persero) Tbk Menara BTN Lt. 20 - Jl Gajah Mada No. 1 Jakarta Pusat 10130 Telp : +62 21 63870142 / +62 21 63870107 Facs: +62 21 63870104 Email : investor_ relations@btn.co.id Website : www.btn.co.id 45