Financing of BTN Syariah business unit increases by 25.99%

jpnn.com, JAKARTA – The performance of PT Bank, Tabungan Negara (BTN), continues to progress.

BTN's earnings growth was supported by net interest income growth of 7.54 billion rupees, up 15.29 percent from the third quarter of 2017 , which was only 6.54 billion rand.

Net interest income was maintained as net interest margin (NIR) continued to grow by 4.35%.

Profit and credit growth lifted BTN Bank's badets to 272.3 trillion rupees, an increase of 17.41 percent year-on-year compared to the same period of last year, which was only of 231.93 billion rupees.

In the midst of competition for financing low-cost funds, BTN raised $ 195.04 billion in DPK, up 16.06% year-on-year from the previous year. same period of last year, which amounted to only 164.05 billion DPR.

The growth of BTN Bank's deposit funds is well above the average growth of the banking sector. OJK data from August 2018 show that the funds of thirds of the national banking sector increased only by 6.88% over one year.

In addition, the performance of BTN Sharia Business Unit Bank (UUS) also continues to make a positive contribution to the company.

As of September 30, 2018, UUS BTN had distributed a financing of 20.84 billion rupees, up 25.99% year-on-year compared to the third quarterly position / 2017, which does not have the same value. was only 16.54 billion rand.