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20231122_BTPN_Laporan Informasi dan Fakta Material_31531431_lamp3.pdf
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PRESS RELEASE
For Immediate Release
Facing the Challenges and Looking at Opportunities,
Bank BTPN Holds Economic Outlook 2024
Jakarta, 22 November 2023 – The Indonesian economy is currently facing various global and domestic
challenges, and the 2024 general election could affect the economy and life of Indonesian society.
The Central Bureau of Statistics (BPS) said that the Indonesian economy in the third quarter of 2023 grew
4.94% on an annual basis (year-on-year/yoy), below the national target. According to the Minister of
Finance Sri Mulyani Indrawati, the fact that economic growth reaches below 5% yoy in the third quarter
of 2023 was triggered by sluggish household consumption.
As a response to the current economic situation, Bank BTPN held Economic Outlook 2024 as well as the
launch of “ESG Deposit” as Bank BTPN's newest product innovation, at the Grand Ballroom of Hotel
Indonesia Kempinski, Jakarta (22/11).
“Bank BTPN Economic Outlook 2024 is a manifestation of our commitment to provide the latest
information and in-depth insight to Bank BTPN customers as well as a platform for customers and
stakeholders to understand more deeply about strategies for welcoming 2024 and sustainability strategies
as well as participating in conversations about financial sustainability," said President Director Bank BTPN
Henoch Munandar in his opening speech at Bank BTPN Economic Outlook 2024 in Jakarta (22/11).
At this year's Economic Outlook event, Bank BTPN brought the main headline “Navigating through 2024:
Strategies for Resilience and Growth” which reflects Bank BTPN's strategic vision to walk with customers
through the challenges in the upcoming years with resilience and facilitate sustainable economic growth.
The presence of ESG Deposit as Bank BTPN's newest product innovation, realizing this vision by offering
financial instruments which not only provide optimal returns but also address the pressing problems of
our time.
"In facing global challenges and uncertainty, Bank BTPN realizes the importance of building resilience and
sustainable growth. ESG Deposit is proof of Bank BTPN's commitment to providing financial solutions for
corporate customers and contributing to a more sustainable and responsible future," explained Henoch.
On this occasion, Secretary for the Ministry of State-Owned Enterprises (BUMN) Rabin Indrajad Hattari
and Head of the Fiscal Policy Agency (BKF) of the Ministry of Finance of the Republic of Indonesia, Febrio
Kacaribu, present as a government representative to give keynote speeches.
Co-Founder of Creco Research Institute Chatib Basri was also present to discuss about macroeconomic
prospects in the election year amidst global economic uncertainty.
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Bank BTPN also invited Yustinus Prastowo as Special Staff to the Minister of Finance for Strategic
Communications to explain the fiscal strategy to boost Indonesia's economic growth in 2024.
At the closing session of the 2024 Bank BTPN Economic Outlook series, Muhammad Qodari, Political
Expert and Executive Director of Indo Barometer talked about the election period in Indonesia which will
start from 28 November 2023 to 10 February 2024.
Furthermore, Henoch said that Bank BTPN as a financial services actor will continue to accompany
customers in seizing opportunities by preparing financial products that provide financial solutions for
customers, in line with Bank BTPN's vision and government policies such as liquidity management for
corporate customers, investment in mutual funds and government bonds, and the Daya Program for
customer empowerment.
"Bank BTPN will always optimize assets amidst the current dynamic conditions by applying the
precautionary principle to support the company's growth, so that it can continue to support the
strengthening of the post-pandemic economy and provide more benefits for the Indonesian," concluded
Henoch.
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For more information, please contact:
PT Bank BTPN Tbk
Andrie Darusman – Communications & Daya Head
Phone: 021-30026200
Email: andrie.darusman@btpn.com or corporate.communications@btpn.com
About Bank BTPN
PT Bank BTPN Tbk (Bank BTPN) is a foreign exchange bank resulting from the merger of PT Bank Tabungan Pensiunan Nasional
Tbk (BTPN) with PT Bank Sumitomo Mitsui Indonesia (SMBCI). Bank BTPN focuses on becoming a universal bank that has complete
business and serves a wider customer segment, from the retail segment (mass market) to the corporate segment. This business
focus is supported by Bank BTPN's business units, including the retirement business; micro, small and medium enterprises;
funding business; digital banking business; and corporate business. In addition, Bank BTPN has a subsidiary, namely BTPN Syariah,
which focuses on serving productive underprivileged customers. Through the Daya Program, a sustainable and measurable
empowerment program, Bank BTPN regularly provides training and information to improve customer capacity so that they have
the opportunity to grow and live a better life.
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