6:32 pm July 21, 2014 | No Comment
Profit at Bank Tabungan Pensiunan Nasional, a medium-sized Indonesian lender, fell in the first half of 2014 amid slowing demand for loans in the country.
2:28 pm January 21, 2014 | No Comment
Bank Tabungan Pensiunan Nasional, a mid-size commercial lender, plans to spin off its Shariah business into a separate bank by the end of June after it secures shareholder approval to acquire a small bank in Semarang.
9:15 pm October 18, 2013 | No Comment
Bank Negara Indonesia and Bank Tabungan Pensiunan Nasional, posted high profit growth in the first nine months on higher lending, shrugging off slowing economic growth amid rising interest rates. Gatot Suwondo, president director of BNI, told reporters on Friday that its net income rose 30 percent to Rp 6.54 trillion ($589 million) in the January-September […]
9:04 am June 27, 2013 | No Comment
The central bank, Bank Indonesia, has signaled its approval of Bank Tabungan Pensiunan Nasional’s plan to buy control of Bank Sahabat Purba Danarta in order to spin off its Shariah unit. Bank Tabungan Pensiunan Nasional compliance director and corporate secretary Anika Faisal said the bank had agreed to pay Rp 600 billion ($61 million) for […]
2:45 pm April 25, 2013 | No Comment
Bank Tabungan Pensiunan Nasional, a pension-focused Indonesian lender, reported a 30 percent profit increase in the first quarter, thanks in part to strong loan demand in Indonesia. Net income at BTPN rose to Rp 573 billion ($59 million) in the January-March period from Rp 439 billion last year, the company said in a statement published […]
11:22 am March 7, 2013 | No Comment
Mitsubishi UFJ Financial Group is among banks considering a purchase of TPG Capital’s $1.6 billion stake in Indonesia’s Bank Tabungan Pensiunan Nasional, two people with knowledge of the matter said. Bank of Tokyo-Mitsubishi UFJ, a unit of Japan’s largest publicly traded lender, has sounded TPG out on its plans for the stake, though the companies […]