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Page 1
Annual Public Expose
Financial Performance PT Bank BTPN Syariah Tbk
as of 30 June 2024
Jakarta, 27 August 2024
Page 2
Management
SHARIA SUPERVISORY BOARD BOARD OF COMMISSIONERS
H. Ikhwan Abidin, MA H. Muhamad Faiz, MA Kemal A. Stamboel Dewie Pelitawati Mulya E. Siregar Ongki W. Dana
Chairman of Sharia Member of Sharia President Commissioner/ Independent Independent Commissioner
Supervisory Board Supervisory Board Independent Commissioner Commissioner
BOARD OF DIRECTORS BOARD OF MANAGEMENT
Ibnu A. Mulyanto Dharma Putera Robertus J.
Hadi Wibowo Arief Ismail Dwiyono B. Winantio Dewi Nuzulianti Fachmy Achmad Human Capital Head Risk Management Hadisurya
President Director Compliance Director Director Director Director Head IT Head
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Overview
Our Journey Shareholders Composition Rating
• Established in 2010 as BTPN Sharia Unit; massive roll-out in 2011 AAA idn Fitch Ratings
• Spin-off as PT BTPN Syariah on 14 July 2014
Stable Outlook
• Listed as PT BTPN Syariah Tbk on 8 May 2018
• Changed name into PT Bank BTPN Syariah Tbk on 4 June 2020
• Officially became Bank BUKU 3 Category according to the approval of
The Financial Services Authority on 7 July 2020
• Classified as KBMI 2 (Bank With Core Capital Above IDR 6tn) in Oct-21
• Today: Spread across 26 provinces, with ~14.4k employees (~ 96%
female and ~ 51% high school graduates)
Bank BTPN Public Treasury Stock
* Rating confirmed as of March 2024
Customer and Coverage
(Serving Java, Sumatera, Nusa Tenggara, Kalimantan & Sulawesi)
Serving 7 mn customers,
3.9 mn active
15 Branch Office and
38 Functional Operational
Office
Coverage 260k communities,
in 2,600 sub-districts
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Target Markets, Vision & Mision
Target Markets VISION MISION
Employee Self Employed
“To be the best Sharia “Together we create
Commercial Bank for financial inclusion, opportunities for growth
Very
Large & Medium
making a difference in the lives of and a more meaningful life”
Rich
Companies millions of Indonesians”
VALUES
Small
Middle & Loan size ≤ Rp 5 bn “PRISMA”
High Income Potential customers: 500K
monthly • Professionalism • Mutual Respect
income:
> Rp5 mn Micro • Integrity • Teamwork
Loan size: ≤ Rp 500mn
Potential customers: 15 mn
Single Identity: #bankirpemberdaya
In implementing Corporate Mission and Vision, a shared identity
Low Income Productive Poor/ is needed to unite all the employees in one spirit.
monthly income: Unbankable #bankirpemberdaya is the spirit that awakens all BTPN Syariah
≤ Rp 5 mn Loan size: ≤ Rp 5mn employees to their mandate of being a different kind of banker.
Potential customers: 45 mn A banker that chooses to gather funds from the privileged
BTPNS Funding families. Taking different path in order to fulfill their calling to
Source: BPS, team analysis
BTPNS Lending be of benefit to others.
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Our Customers
Their Work Productive Underprivileged Women Their Needs
(Community consist of 15 – 20 people):
• Sell Goods • Basic Needs
• Produce • Education for Children
4 Key Behaviours:
• Raise Livestock Courage Discipline • Improving Living Condition
Hard Work Solidarity
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Social Impact Scorecard : Positive Changes, Better for Community
Portrait of Customer Condition After 5 Years
Do all household members What type of toilet arrangements
Widest floor type?
ages 6 to 18 go to school? does the household have?
Soil or bamboo
Yes None or latrine
92.7%
15.3%
90.2% 10.3%
8.0%
8.8%
85.1% 5.1%
5.7%
Year 1 Year 3 Year 5 Year 1 Year 3 Year 5 Year 1 Year 3 Year 5
Does the household have Does the household have
What is the main cooking fuel?
refrigerator or freezer? motorcycle or motorized boat?
Gas/LPG, kerosene, electricity, others
Yes Yes
98.8% 85.1%
71.0% 94.7%
95.6% 92.9%
58.0%
91.2% 87.3%
Year 1 Year 3 Year 5
Year 1 Year 3 Year 5 Year 1 Year 3 Year 5
*Questions are derived based on Survey Sosial Ekonomi Nasional (SUSENAS), from Biro Pusat Statistik (BPS) Indonesia
**BTPNS is not the sole determining factor of the customers’ welfare improvement
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Macro data (1/2)
Chart 1 Monthly to Total Government Expenditure Chart 2 Trend Average Balance below IDR 100 mn
(%)
21
19 As of Jun’24 percentage of government expenses is 3,100
17 39,78% from APBN 2024 2,900
15 2,700
13 2,500
2,300
11
2,100
9
1,900
7
1,700
5 7.18
1,500
3
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2023 2024
monthly-to-total yearly govt. expenditure 5yr avg. of monthly-to-total yearly govt. expenditure Avg Balance ('000)
Chart 3 Indonesia Net Savings (Savings-Loans) Chart 4 Growth Personal Account, Financial Sector, Corporate
400,000
300,000 40.0%
200,000 30.0%
15.8%
20.0%
100,000
YoY
10.0% 1.4%
- 15.7%
0.0%
(100,000) -10.0%
(200,000) -20.0%
Jul-19
Jul-20
Jul-21
Jul-22
Jul-23
Apr-19
Apr-20
Apr-21
Apr-22
Apr-23
Apr-24
Jan-20
Jan-21
Jan-22
Jan-23
Jan-24
Oct-19
Oct-20
Oct-21
Oct-22
Oct-23
May-22
Jul-20
Jul-21
Jul-22
Jul-23
May-20
Nov-20
May-21
Nov-21
Mar-22
Nov-22
May-23
Nov-23
May-24
Jan-20
Mar-20
Sep-20
Jan-21
Mar-21
Sep-21
Jan-22
Sep-22
Jan-23
Mar-23
Sep-23
Jan-24
Mar-24
Personal Account Corporate Finance Corporate Non-Finance
Personal Account
Source: Ministry of Finance, LPS (Indonesia Deposit Insurance Corporation ), Bank Indonesia
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Page 8
Macro data (2/2)
Chart 5 Industrial Production Index Chart 6
Repayment Rate on Listed Multifinance
159.7
(with min. 30% motorcycle and durable financing)
151.8
148.7
143.7
145.6 83.3%
81.5% 81.3%
133.6
140.8
137.3 79.1%
131.5 132.0
2019 2020 2021 2022 2023
Small Micro Industry Large Medium Industry
Dec '2021 Dec '2022 Dec'2023 Jun'2024
Chart 7 Indonesia K-shaped consumer recovery Other Competitors
BI Consumer Confidence Index
145
❑ Numbers of Fintech company is declining from 161 to 100
135
❑ Others FI Players:
125
▪ closing down operations in 2024; refocus on their network coverage
115 area
105 ▪ other MFIs shows a decline in quality
95 ▪ special FI shows a stable quality condition
Rp 1 - 2mn Rp 2,1 - 3mn Rp 3,1 - 4mn
85
Rp 4,1 - 5mn > Rp 5mn
75
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: BPS-Statitics Indonesia, Ministry of Manpower, BI, UBS Research
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Financial Summary – Consolidated
Balance Sheet (IDR billion) Income Statement (IDR billion)
Jun’23 Dec’23 Jun’24 ∆YoY 1H’23 3Q’23 4Q’23 FY’23 1Q’24 2Q’24 1H’24 ∆YoY
Cash & Liquid Asset 8,231 9,413 9,584 16% Margin Income 2,832 1,476 1,438 5,746 1,373 1,364 2,737 -3%
Margin Expense 235 127 124 486 126 130 256 9%
Financing (gross) 12,090 11,388 10,448 -14%
Net Margin Income 2,597 1,349 1,314 5,260 1,247 1,234 2,481 -4%
Allowance for losses (835) (1,214) (929) 11%
Operating Expense 994 524 524 2,043 549 547 1,096 10%
Total Third-Party Funds 12,382 12,143 11,760 -5%
Pre-Provision Profit 1,603 828 790 3,221 703 691 1,394 -13%
Total Liabiliites 12,812 12,661 12,238 -4%
Net Financing Loss 642 507 694 1,842 368 324 692 8%
Equity 8,446 8,774 8,787 4%
Profit After Tax 753 251 77 1,081 264 288 552 -27%
Total Asset 21,259 21,435 21,025 -1%
Key Ratios (%)
Cost to Income ROA ROE CAR
1H’23 FY’23 1Q’24 2Q’24 1H’24 1H’23 FY’23 1Q’24 2Q’24 1H’24 1H’23 FY’23 1Q’24 2Q’24 1H’24 1H’23 FY’23 1Q’24 2Q’24 1H’24
38 38 43 44 44 8,8 6,3 6,3 6,9 6,6 18,5 13,2 12,8 14,0 13,4 48,2 51,6 47,6 50,1 50,1
NPF Gross NPF Net Loss provision coverage
1H’23 FY’23 1Q’24 2Q’24 1H’24 1H’23 FY’23 1Q’24 2Q’24 1H’24 1H’23 FY’23 1Q’24 2Q’24 1H’24
3,0 2,9 3,0 3,0 3,0 0,5 0,3 0,0 0,0 0,0 229 363 338 292 292
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Page 10
Financial Ratios Benchmark – May 2024
CAR BOPO NOM
48.0%
74.5% 80.0% 77.0%
26.2% 25.1% 6.7%
4.7%
2.7%
BTPNS Konven BUS BTPNS Konven BUS BTPNS Konven BUS
ROA NPL FDR
3.1% 86.5% 85.0% 81.6%
2.3%
6.7% 2.1%
2.6% 2.0%
BTPNS Konven BUS BTPNS Konven BUS
BTPNS Konven BUS
* Source: Indonesian Banking Statistics
* BTPNS Ratio – Bank Only
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Page 11
Empowerment Program Update as of June 2024
An Integrated platform of digital learning 2.913 Facilitators 317 Universities
and empowerment program by
stakeholders for increasing our customer
capacity as entrepreneurs by providing 86.580 Customers 25 Provinces
access to knowledge.
Our customer can learn entrepreneurship 344 Area Coverage
material independently or/and assisted with
contributor who joined the empowerment
program.
1 2
Bestee Platform
(Features)
Customer App Contributor App
(Bestee_Ku) (Kita_Bestee)
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Page 12
Customer Programs
Departing in October 2024
• The Umrah reward for the pilgrimage trip to Mecca and Medina is a departure for the
customers and employees from all distribution area in 2024.
• A total of 279 selected Inspiring Customers and Outstanding
Employees will be departing together!
• There are centers that succeed to depart all its customers for this Umrah Pilgrimage trip.
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Page 13
Awards
5th Anniversary Indonesia Top Bank Awards 2024: The
Iconomics
Top Bank 2024 (Category KBMI 2)
June 2024
Indonesia Financial Top Leader Awards 2024: Warta
Ekonomi
Best Leader for The Implementation of Inclusive Business
Model and Improving The Quality of Financing (Category
KBMI 2 – Bank Syariah)
May 2024
Ekonomi Syariah 2024: Investor Daily/B Universe
Best Emiten Syariah
May 2024
Transparency and Best Corporate Emission Reduction Award:
Investor Trust
Transparency in Corporate Emission Calculations
(Gold Predicate)
May 2024
Infobank The Most 500 Outstanding Women in Financial Sector
& State Owned Enterprise: Infobank
The Most Outstanding Women 2024
(Ibu Dewie Pelitawati & Ibu Dewi Nuzulianti)
Model & Improving
June 2024
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Page 14
Thank you
Names mentioned 18 people and organisations named in the text · linked when the evidence is strong
unresolved
person
H. Muhamad Faiz
p.2
unresolved
org
PT BTPN Syariah
p.3 ×2
unresolved
org
Syariah Tbk
p.3
unresolved
org
Financial Services Authority
p.3
unresolved
org
Bank With Core Capital Above IDR
p.3
unresolved
org
Ministry of Finance
p.7
unresolved
org
Indonesia Deposit Insurance Corporation
p.7
unresolved
org
Bank Indonesia
p.7
unresolved
org
Ministry of Manpower
p.8
unresolved
org
Bank Awards
p.13
unresolved
org
Bank Syariah
p.13
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